Class of Stock [Axis]
Series B Preferred Stock [Member]
Series C Preferred Stock [Member]
Series B Convertible Preferred Stock [Member]
Series C Convertible Preferred Stock [Member]
Equity Components [Axis]
Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
AOCI Attributable to Parent [Member]
Investment, Name [Axis]
Optimum Bank [Member]
Asset Class [Axis]
SBA Pool Securities [Member]
Collateralized Mortgage Obligations [Member]
Financial Instrument [Axis]
Taxable Municipal Bonds [Member]
Collateralized Mortgage-Backed Securities [Member]
Related and Nonrelated Parties [Axis]
Federal Reserve Bank [Member]
Investment Type [Axis]
Class of Financing Receivable [Axis]
Residential Portfolio Segment [Member]
Multi Family Real Estate [Member]
Commercial Real Estate Portfolio Segment [Member]
Construction Loans [Member]
Commercial Portfolio Segment [Member]
Consumer Portfolio Segment [Member]
Financial Asset, Aging [Axis]
Financial Asset, 30 to 59 Days Past Due [Member]
Financial Asset, 60 to 89 Days Past Due [Member]
Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Financial Asset, Past Due [Member]
Financial Asset, Not Past Due [Member]
Internal Credit Assessment [Axis]
Pass [Member]
Special Mention [Member]
Substandard [Member]
Doubtful [Member]
Loss [Member]
Plan Name [Axis]
2018 Equity Incentive Plan [Member]
Statistical Measurement [Axis]
Maximum [Member]
Title and Position [Axis]
Employee [Member]
Measurement Frequency [Axis]
Fair Value, Recurring [Member]
Fair Value Hierarchy and NAV [Axis]
Fair Value, Inputs, Level 1 [Member]
Fair Value, Inputs, Level 2 [Member]
Fair Value, Inputs, Level 3 [Member]
Taxable Municipal Securities [Member]
Measurement Input Type [Axis]
Reported Value Measurement [Member]
Estimate of Fair Value Measurement [Member]
Commitments to Extend Credit [Member]
Unused lines of Credit [Member]
Standby Letters of Credit [Member]
Sale of Stock [Axis]
ATM Program [Member]
Nonvoting Common Stock [Member]
Subsequent Event Type [Axis]
Subsequent Event [Member]
Related Party [Member]
Scenario [Axis]
Forecast [Member]
Short-Term Debt, Type [Axis]
Federal Home Loan Bank Advances [Member]
Debt Instrument, Redemption, Period [Axis]
2024 [Member]
Federal Home Loan Bank Advances One [Member]
2025 [Member]
Federal Reserve Bank Advances [Member]
Cover [Abstract]
Document Type
Amendment Flag
Amendment Description
Document Registration Statement
Document Annual Report
Document Quarterly Report
Document Transition Report
Document Shell Company Report
Document Shell Company Event Date
Document Period Start Date
Document Period End Date
Document Fiscal Period Focus
Document Fiscal Year Focus
Current Fiscal Year End Date
Entity File Number
Entity Registrant Name
Entity Central Index Key
Entity Primary SIC Number
Entity Tax Identification Number
Entity Incorporation, State or Country Code
Entity Address, Address Line One
Entity Address, Address Line Two
Entity Address, Address Line Three
Entity Address, City or Town
Entity Address, State or Province
Entity Address, Country
Entity Address, Postal Zip Code
Country Region
City Area Code
Local Phone Number
Extension
Written Communications
Soliciting Material
Pre-commencement Tender Offer
Pre-commencement Issuer Tender Offer
Title of 12(b) Security
No Trading Symbol Flag
Trading Symbol
Security Exchange Name
Title of 12(g) Security
Security Reporting Obligation
Annual Information Form
Audited Annual Financial Statements
Entity Well-known Seasoned Issuer
Entity Voluntary Filers
Entity Current Reporting Status
Entity Interactive Data Current
Entity Filer Category
Entity Small Business
Entity Emerging Growth Company
Elected Not To Use the Extended Transition Period
Document Accounting Standard
Other Reporting Standard Item Number
Entity Shell Company
Entity Public Float
Entity Bankruptcy Proceedings, Reporting Current
Entity Common Stock, Shares Outstanding
Documents Incorporated by Reference [Text Block]
Entity Listing, Par Value Per Share
Statement [Table]
Statement [Line Items]
Assets:
Cash and due from banks
Interest-bearing deposits with banks
Total cash and cash equivalents
Debt securities available for sale
Debt securities held-to-maturity (fair value of $188 and $190)
Loans, net of allowance for credit losses of $11,061 and $10,273
Federal Home Loan Bank stock
Premises and equipment, net
Other real estate owned
Right-of-use lease assets
Accrued interest receivable
Deferred tax asset
Other assets
Total assets
Liabilities and Stockholders’ Equity:
Liabilities:
Noninterest-bearing demand deposits
Savings, NOW and money-market deposits
Time deposits
Total deposits
Federal Home Loan Bank advances
Operating lease liabilities
Other liabilities
Total liabilities
Commitments and contingencies (Notes 9 and 13)
Stockholders’ equity:
Preferred Stock, value
Common stock, $.01 par value; 30,000,000 shares authorized, 12,166,858 and 11,533,943 shares issued and outstanding
Additional paid-in capital
Retained earnings
Accumulated other comprehensive loss
Total stockholders’ equity
Total liabilities and stockholders’ equity
Debt securities held-to-maturity, fair value
Allowance for credit losses
Preferred stock, par value
Preferred stock, shares authorized
Preferred stock, shares issued
Preferred stock, shares outstanding
Common stock, par value
Common stock, shares authorized
Common stock, shares issued
Common stock, shares outstanding
Income Statement [Abstract]
Interest income:
Loans
Debt securities
Other
Total interest income
Interest expense:
Deposits
Borrowings
Total interest expense
Net interest income
Credit loss expense (reversal)
Net interest income after credit loss expense
Noninterest income:
Service charges and fees
Other
Total noninterest income
Noninterest expenses:
Salaries and employee benefits
Professional fees
Occupancy and equipment
Data processing
Regulatory assessment
Gain on sale and write-downs of other real estate owned
Other
Total noninterest expenses
Net income before income taxes
Income taxes
Net income
Earnings per share - Basic
Earnings per share - Diluted
Net Income
Other comprehensive income:
Change in unrealized loss on debt securities:
Unrealized (loss) gain arising during the period
Amortization of unrealized loss on debt securities transferred to held-to-maturity
Other comprehensive income before income taxes
Deferred income tax expense
Total other comprehensive (loss) income
Comprehensive income
Balance
Balance, shares
Proceeds from sale of common stock (net of offering costs) (unaudited)
Proceeds from sale of common stock (net of offering costs) (unaudited), shares
Stock-based compensation (Unaudited)
Stock-based compensation, shares
Net change in unrealized loss on debt securities available for sale (Unaudited)
Amortization of unrealized loss on debt securities transferred to held-to-maturity (Unaudited)
Net income (Unaudited)
Exchange of preferred stock for common stock (Unaudited)
Exchange of preferred stock for common stock, shares
Balance
Balance, shares
Offering costs
Statement of Cash Flows [Abstract]
Cash flows from operating activities:
Net income
Adjustments to reconcile net income to net cash provided by operating activities:
Credit loss expense (reversal)
Depreciation and amortization
Gain on sale of other real estate owned
Deferred income tax benefit
Net (accretion) amortization of fees, premiums and discounts
Stock-based compensation expense
(Increase) decrease in accrued interest receivable
Amortization of right-of-use lease assets
Net decrease in operating lease liabilities
(Increase) decrease in other assets
Increase (decrease) in other liabilities
Net cash provided by operating activities
Cash flows from investing activities:
Principal repayments of debt securities available for sale
Principal repayments of debt securities held-to-maturity
Net (increase) decrease in loans
Proceeds from sale of other real estate owned
Purchases of premises and equipment
Purchase of debt securities available for sale
Redemption of FHLB stock
Net cash used in investing activities
Cash flows from financing activities:
Net increase in deposits
Net decrease in FHLB Advances
Proceeds from conversion of preferred stock
Proceeds from sale of common stock (net of offering costs of $11 and $16)
Net cash provided by financing activities
Net increase in cash and cash equivalents
Cash and cash equivalents at beginning of the period
Cash and cash equivalents at end of the period
Supplemental disclosure of cash flow information:
Cash paid during the period for:
Interest
Income taxes
Supplemental noncash transactions:
Net change in unrealized gain (loss) on debt securities available for sale, net of income taxes
Amortization of unrealized loss on debt securities transferred to held-to-maturity
Accounting Policies [Abstract]
General
Debt Securities
Debt Securities
Receivables [Abstract]
Loans
Financing Receivable, Past Due [Table]
Financing Receivable, Past Due [Line Items]
Beginning balance
Credit loss (reversal) expense
Charge-offs
Recoveries
Ending balance
Real Estate [Abstract]
Other Real Estate Owned (OREO)
Earnings Per Share [Abstract]
Earnings Per Share.
Share-Based Payment Arrangement [Abstract]
Stock-Based Compensation
Fair Value Disclosures [Abstract]
Fair Value Measurements.
Investments, All Other Investments [Abstract]
Financial Instruments.
Off- Balance Sheet Financial Instruments.
Off- Balance Sheet Financial Instruments.
Banking and Thrift Disclosure [Text Block]
Regulatory Matters.
Equity [Abstract]
Series B and C Preferred Stock and ATM offering program.
Subsequent Events [Abstract]
Subsequent Events
Commitments and Contingencies Disclosure [Abstract]
Contingencies.
Debt Disclosure [Abstract]
Borrowings.
Basis of Presentation
Comprehensive Income.
Recently Adopted Accounting Pronouncements:
Accounting Pronouncements Not Yet Adopted:
Schedule of Accumulated Other Comprehensive Loss
Schedule of Amortized Cost and Approximate Fair Values of Debt Securities
Schedule of Debt Securities Available for Sale with Gross Unrealized Losses, by Investment Category
Schedule of Components of Loans
Schedule of Changes in Allowance for Loan Losses
Schedule of Reconciliation of Credit Loss Expense (Reversal)
Schedule of Age Analysis of Past-due Loans
Schedule of Amortized Costs Basis of Loans on Nonaccrual Status
Schedule of Amortized Costs Basis of Loans on Nonaccrual Status Collateral Dependent Loans
Schedule of Amortized Cost Basis
Schedule of Real Estate Properties
Schedule of Basic and Diluted Loss Per Share
Schedule of Debt Securities Available for Sale Measured at Fair Value on Recurring Basis
Schedule of Estimated Fair Value of Financial Instruments
Schedule of Off-Balance Sheet Risks of Financial Instruments
Schedule of Capital Amounts, Ratios and Regulatory Thresholds
Schedule of Maturities and Interest Rates on Federal Home Loan Bank and Federal Reserve Bank Advances
AccountingPoliciesTable [Table]
Ownership percentage
Unrealized loss on debt securities available for sale
Unamortized portion of unrealized loss related to debt securities available for sale transferred to securities held-to-maturity
Income tax benefit
Accumulated other comprehensive loss
Impairment Effects on Earnings Per Share [Table]
Impairment Effects on Earnings Per Share [Line Items]
Available for sale, amortized cost
Available for sale, gross unrealized gains
Available for sale, gross unrealized losses
Available for sale, fair value
Held-to-maturity, amortized cost
Held-to-maturity, gross unrealized gains
Held-to-maturity, gross unrealized losses
Held-to-maturity, fair value
Available for Sale, Securities Position Over 12 Months, Gross unrealized Losses
Available for Sale, Securities Position Over 12 Months, Fair Value
Available for Sale, Securities Position Less than 12 Month, Gross unrealized Losses
Available for Sale, Securities Position Less than 12 Month, Fair Value
Defined Benefit Plan [Table]
Defined Benefit Plan Disclosure [Line Items]
Fair value of debt securities, pledged as collateral
Sale of debt securities
Debt securities in unrealized loss
Total loans
Net deferred loan fees and costs
Allowance for credit losses
Loans, net
Statement of Financial Position [Abstract]
Credit loss expense - funded
Credit loss expense (reversal) - unfunded
Total Credit loss expense
Nonaccrual loans
Nonaccrual Without ACL
Nonaccrual With ACL
Total Nonaccrual
Real Estate
Other
Total
Financing Receivable, Credit Quality Indicator [Table]
Financing Receivable, Credit Quality Indicator [Line Items]
Year 5
Year 4
Year 3
Year 2
Year 1
Prior
Revolving Loans (Amortized Cost Basis)
Revolving Loans Converted to Term Loans (Amortized Cost Basis)
Subtotal loans
Year 5
Year 4
Year 3
Year 2
Year 1
Prior
Revolving Loans (Amortized Cost Basis) - Current period Gross write-offs
Revolving Loans Converted to Term Loans (Amortized Cost Basis) - Current period Gross write-offs
Current period Gross write-offs
OREO recorded value at acquisition
Subsequent valuation write-down
OREO carrying value
Real estate carrying value
Gain on property sold
Net earnings, Weighted Average Shares - Basic
Net earnings per share - Basic
Net earnings, Weighted Average Shares - Basic
Net earnings, Weighted Average Shares - Basic
Net earnings per share - Basic
Earnings Per Share, Basic, by Common Class, Including Two-Class Method [Table]
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Preferred stock conversion basis
Preferred stock, converted shares
Schedule of Share-Based Compensation Arrangements by Share-Based Payment Award [Table]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of additional shares authorized
Options authorized for issuance
Stock options available for grant
Share issued for services
Compensation expense
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Business Combination [Table]
Business Combination [Line Items]
Cash and cash equivalents
Debt securities held-to-maturity
Loans
Federal Home Loan Bank stock
Deposit liabilities
Federal Home Loan Bank advances
Debt Securities, Held-to-Maturity, Allowance for Credit Loss [Table]
Debt Securities, Held-to-Maturity, Allowance for Credit Loss [Line Items]
Financial instruments off-balance-sheet risk
Tier I Capital to Total Assets
Tier I Capital to Total Assets, Ratio
Tier I Capital to Total Assets To Be Well Capitalized Under Prompt Corrective Action Regulations
Tier I Capital to Total Assets To Be Well Capitalized Under Prompt Corrective Action Regulations, Ratio
Stock, Class of Stock [Table]
Class of Stock [Line Items]
Preferred stock convertible shares
Common stock par value
Shares conversion, common stock
Value of shares available for sale
Sale of stock, number of shares issued
Net proceeds
Gross proceeds
Shares exchanged
Shares issued
Subsequent Event [Table]
Subsequent Event [Line Items]
Shares authorizes to issue
Shares of nonvoting common stock
Short-Term Debt [Table]
Short-Term Debt [Line Items]
Interest Rate
Advances
Credit availability
Loan pledged with carrying value
Long-term line of credit
Unsecured lines of credit
Other real estate owned.
Series B Convertible Preferred Stock [Member]
Series C Convertible Preferred Stock [Member]
Service charges and fees.
Regulatory assessment.
Amortization of unrealized loss on debt securities transferred to held-to-maturity.
Stock Issued during period value exchange of preferred stock for common stock.
Stock Issued during period share exchange of preferred stock for common stock.
Cash Paid During Year For [Abstract]
Amortization of unrealized loss on debt securities transferred to held to maturity.
Optimum Bank [Member]
Unamortized portion of unrealized loss related to debt securities available for sale transferred to securities held-to-maturity.
2018 Equity Incentive Plan [Member]
Employee [Member]
New Accounting Pronouncements Not Yet Adopted [Policy Text Block]
Debt Securities Disclosure [Text Block]
SBA Pool Securities [Member]
Taxable Municipal Securities [Member]
Loans and lease receivable deferred income.
Multi Family Real Estate [Member]
Off Balance Sheet Financial Instruments [Text Block]
Tier one leverage capital to average asset.
Capital required to be well capitalized to risk weighted asset.
ATM Program [Member]
Schedule Of Maturities And Interest Rates On Federal Home Loan Bank And Federal Reserve Bank Advances [Table Text Block]
Maturity Date One [Member]
Federal Home Loan Bank Advances One [Member]
Maturity Date Two [Member]
Schedule of Amortized Costs Basis of Loans on Nonaccrual Status [Table Text Block]
Financing receivable recorded investment nonaccrual status without allowance for credit losses.
Financing receivable recorded investment nonaccrual status with allowance for credit losses.
Schedule of Amortized Costs Basis of Loans on Nonaccrual Status Collateral Dependent Loans [Table Text Block]
Amortized cost basis of nonaccruing real estate.
Amortized cost basis of nonaccruing other.
Amortized cost basis of nonaccruing.
Schedule of Amortized Cost Basis [Table Text Block]
Term loans amortized cost basis by origination year five.
Loss [Member]
Term loans amortized cost basis by origination year four.
Term loans amortized cost basis by origination year three.
Term loans amortized cost basis by origination year two.
Term loans amortized cost basis by origination year one.
Term loans amortized cost basis by origination prior year.
Loans and leases receivable loans amortized cost basis.
Loans and leases receivable converted term loans amortized cost basis.
Loans chargeoffs gross year five.
Loans chargeoffs gross year four.
Loans chargeoffs gross year three.
Loans chargeoffs gross year two.
Loans chargeoffs gross year one.
Loans chargeoffs gross prior year.
Loans chargeoffs gross.
Loans chargeoffs gross converted term loans amortized cost basis.
Loans chargeoffs gross carrying amount.
Federal Reserve Bank [Member]
Gain loss on real estate operating.
Gain on sale and write-downs of other real estate owned.
Net (increase) decrease in loans.
Cash, Cash Equivalents, and Federal Funds Sold
Assets
Deposits [Default Label]
Liabilities
Equity, Attributable to Parent
Liabilities and Equity
Interest and Dividend Income, Operating
Interest Expense, Operating
Interest Income (Expense), Operating
Interest Income (Expense), after Provision for Loan Loss
Noninterest Income, Other Operating Income
Noninterest Income
Other Noninterest Expense
Noninterest Expense
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest
OCI, Debt Securities, Available-for-Sale, Transfer to Held-to-Maturity, Adjustment from AOCI for Amortization of Gain (Loss), before Tax
Other Comprehensive Income (Loss), before Tax, Portion Attributable to Parent
OCI, Debt Securities, Available-for-Sale, Gain (Loss), after Adjustment, Tax
Other Comprehensive Income (Loss), Net of Tax
Comprehensive Income (Loss), Net of Tax, Attributable to Parent
Shares, Outstanding
Financing Receivable, Credit Loss, Expense (Reversal)
Gains (Losses) on Sales of Other Real Estate
Increase (Decrease) in Interest and Dividends Receivable
Increase (Decrease) in Other Operating Assets
Cash Provided by (Used in) Operating Activity, Including Discontinued Operation
Payments to Acquire Property, Plant, and Equipment
Payments to Acquire Debt Securities, Available-for-Sale
Payments for (Proceeds from) Federal Home Loan Bank Stock
Cash Provided by (Used in) Investing Activity, Including Discontinued Operation
Cash Provided by (Used in) Financing Activity, Including Discontinued Operation
Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Period Increase (Decrease), Including Exchange Rate Effect and Discontinued Operation
Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Including Discontinued Operation
Income Tax Paid, after Refund Received
AmortizationOfUnrealizedLossOnDebtSecuritiesTransferredToHeldtomaturity
DebtSecuritiesDisclosureTextBlock
Financing Receivables [Text Block]
Financing Receivable, Allowance for Credit Loss, Writeoff
Off Balance Sheet Financial Instruments [Text Block]
UnamortizedPortionOfUnrealizedLossRelatedToSecuritiesAvailableForSaleTransferredToSecuritiesHeldToMaturity
Other Comprehensive Income (Loss), Tax
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent
Debt Securities, Available-for-Sale, Unrealized Loss
Debt Securities, Held-to-Maturity, Accumulated Unrecognized Loss
Debt Securities, Available-for-Sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss
Debt Securities, Available-for-Sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss
LoansAndLeaseReceivableDeferredIncome
AmortizedCostBasisOfNonAccruingOther
LoansChargeoffsGrossYearFive
LoansChargeoffsGrossYearFour
LoansChargeoffsGrossYearThree
LoansChargeoffsGrossYearTwo
LoansChargeoffsGrossYearOne
LoansChargeoffsGrossPriorYear
Real Estate Investment Property, Accumulated Depreciation
Incremental Common Shares Attributable to Dilutive Effect of Conversion of Preferred Stock
Weighted Average Number of Shares Outstanding, Diluted
Loans Receivable, Fair Value Disclosure
Investment in Federal Home Loan Bank Stock, Fair Value Disclosure
Federal Home Loan Bank Borrowings, Fair Value Disclosure