XML 91 R64.htm IDEA: XBRL DOCUMENT v3.20.4
Description of Business and Summary of Significant Accounting Policies - Narrative (Details)
1 Months Ended 12 Months Ended
Jun. 01, 2020
USD ($)
Jul. 31, 2020
USD ($)
Dec. 31, 2020
USD ($)
branch
Dec. 31, 2019
USD ($)
Dec. 31, 2018
USD ($)
Jun. 30, 2020
USD ($)
Jan. 01, 2020
USD ($)
Dec. 31, 2017
USD ($)
Property, Plant and Equipment [Line Items]                
Percentage of capital stock of the Bank held     100.00%          
Number of depository branches | branch     65          
Cash reserves required by the Federal Reserve     $ 0          
Aggregate amortized cost of SBA PPP loan portfolio sold     1,338,325,000 $ 86,313,000 $ 125,485,000      
SBA PPP loans     13,236,433,000 8,722,311,000        
ACL recorded related to PCD loans     21,242,000          
Valuation allowance     0 0        
Retained earnings     330,555,000 396,051,000     $ 396,051,000  
Allowance for credit losses on loans     268,018,000 35,698,000 $ 36,072,000     $ 28,936,000
Deferred tax (liabilities) assets             (1,371,000)  
Allowance for credit losses on off-balance sheet credit exposures     $ 31,100,000 3,300,000     3,279,000  
Impact of CECL Adoption                
Property, Plant and Equipment [Line Items]                
SBA PPP loans             55,700,000  
Retained earnings             (45,625,000)  
Allowance for credit losses on loans       55,686,000     64,000,000.0  
Deferred tax (liabilities) assets             18,346,000  
Allowance for credit losses on off-balance sheet credit exposures             8,285,000  
Core Deposits | Minimum                
Property, Plant and Equipment [Line Items]                
Weighted average useful life (in years)     6 years          
Core Deposits | Maximum                
Property, Plant and Equipment [Line Items]                
Weighted average useful life (in years)     11 years          
Premises                
Property, Plant and Equipment [Line Items]                
Estimated useful life (in years)     30 years          
Furniture, fixtures, and equipment                
Property, Plant and Equipment [Line Items]                
Estimated useful life (in years)     7 years          
Computer and telecommunication                
Property, Plant and Equipment [Line Items]                
Estimated useful life (in years)     3 years          
Opus                
Property, Plant and Equipment [Line Items]                
Aggregate fair value of PCD loans acquired $ 841,234,000              
ACL recorded related to PCD loans 21,200,000              
Commercial loans                
Property, Plant and Equipment [Line Items]                
SBA PPP loans     $ 2,229,588,000 $ 1,975,053,000        
Allowance for credit losses on loans             20,118,000  
Commercial loans | Impact of CECL Adoption                
Property, Plant and Equipment [Line Items]                
Allowance for credit losses on loans             9,519,000  
Commercial loans | Opus                
Property, Plant and Equipment [Line Items]                
Aggregate fair value of PCD loans acquired $ 54,687,000              
Commercial loans | SBA PPP                
Property, Plant and Equipment [Line Items]                
Aggregate amortized cost of SBA PPP loan portfolio sold   $ 1,130,000,000            
Gain (loss) on sale of SBA PPP loan portfolio   $ 18,900,000            
SBA PPP loans     $ 0     $ 1,130,000,000    
Commercial loans | Investor loans secured by real estate | Impact of CECL Adoption                
Property, Plant and Equipment [Line Items]                
Allowance for credit losses on loans             16,100,000  
Commercial loans | Business loans secured by real estate | Impact of CECL Adoption                
Property, Plant and Equipment [Line Items]                
Allowance for credit losses on loans             27,600,000  
Consumer loans | Retail loans | Impact of CECL Adoption                
Property, Plant and Equipment [Line Items]                
Allowance for credit losses on loans             $ 2,500,000