Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Cash flows from operating activities:
Net income	$ 7,643	$ 9,205
Adjustments to reconcile net income to net cash (used in) provided by operating activities:
Provision for loan losses	2,850	2,950
Depreciation	2,839	2,065
Amortization of debt issuance costs	34	13
Amortization of fees, discounts and premiums	35	219
Proceeds from sales of loans held for sale	4,888	17,915
Origination of loans held for sale	(4,888)	(17,915)
Decrease (increase) in mortgage servicing rights	30	(190)
Gross realized gains on sale of available-for-sale securities		(272)
Realized loss on sale of premises and equipment	91	6
Noncash lease expense	(5,058)	1,463
Increase in deferred tax asset	(12,181)	(2,275)
Net change in operating assets and liabilities:
Accrued interest receivable	45	783
Other assets	(12,808)	(1,899)
Accrued interest payable	(15)	(19)
Lease liability	5,054	(1,323)
Other liabilities	75	3,700
Net cash (used in) provided by operating activities	(11,366)	14,426
Cash flows from investing activities:
Purchases of available-for-sale securities	(128,253)	(223,497)
Purchases of held-to-maturity securities	(9,645)
Proceeds from sales of available-for-sale securities		46,993
Maturities, prepayments and calls of available-for-sale securities	45,036	33,321
Maturities, prepayments and calls of held-to-maturity securities	3,610	23,623
Loan originations and principal collections, net	(40,651)	32,183
Income from equity investment in unconsolidated subsidiary		(1,180)
Dividends received from unconsolidated subsidiary		1,154
Purchase of FHLB stock	(504)	(479)
Proceeds from sales of premises and equipment		8
Purchases of premises and equipment	(2,201)	(2,480)
Net cash used in investing activities	(132,608)	(90,354)
Cash flows from financing activities:
Net (decrease) increase in deposits	(85,425)	563,738
Proceeds from issuance of subordinated debt, net		19,955
Proceeds from issuance of common stock	80	188
Dividends paid	(2,644)	(2,213)
Net cash (used in) provided by financing activities	(87,989)	581,668
Net change in cash, cash equivalents and restricted cash	(231,963)	505,740
Cash, cash equivalents and restricted cash at beginning of period	557,553	287,778
Cash, cash equivalents and restricted cash at end of period	325,590	793,518
Cash paid during the period for:
Interest	54	176
Income taxes	1,042	3,220
Supplemental disclosure of noncash investing and financing activities:
Net change in unrealized loss on held-to-maturity securities, net of tax	430	113
Net change in unrealized gain on available-for-sale securities, net of tax	$ (41,927)	(15,862)
Transfer of securities from available-for-sale securities		130,471
Transfer of securities to held-to-maturity securities		$ (130,471)

BankGuam Holding Co 10-Q