XML 71 R60.htm IDEA: XBRL DOCUMENT v3.20.2
Loans and Allowance for Credit Losses on Loans - Loans Balance (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Jun. 30, 2020
Jan. 01, 2020
Dec. 31, 2019
Jun. 30, 2019
Dec. 31, 2018
Loans held-for-investment:                  
Total loan balance $ 2,705,479   $ 2,705,479       $ 2,534,163    
Deferred loan fees, net (8,463)   (8,463)       (319)    
Loans, net of deferred fees 2,697,016 $ 1,875,387 2,697,016 $ 1,875,387     2,533,844    
Allowance for credit losses on loans(1) (45,422) (25,895) (45,422) (25,895) $ (45,444) $ (31,855) (23,285) $ (26,631) $ (27,848)
Loans, net 2,651,594   2,651,594       2,510,559    
Income tax expense 4,198 4,633 9,340 13,763          
Retained earnings 91,065   91,065       96,741    
Commercial                  
Loans held-for-investment:                  
Total loan balance             603,345    
Allowance for credit losses on loans(1)   (14,656)   (14,656)     (10,453) (15,234) (17,061)
Commercial | SBA Paycheck Protection Program ("PPP")                  
Loans held-for-investment:                  
Loans, net 323,550   323,550            
Real estate                  
Loans held-for-investment:                  
Total loan balance             1,897,074    
Allowance for credit losses on loans(1)   (11,143)   (11,143)     (12,750) (11,307) (10,671)
Consumer                  
Loans held-for-investment:                  
Total loan balance             33,744    
Allowance for credit losses on loans(1)   $ (96)   $ (96)     (82) $ (90) $ (116)
Commercial                  
Loans held-for-investment:                  
Total loan balance 897,909   897,909     6,790      
Allowance for credit losses on loans(1) (12,800)   (12,800)   (13,179) (6,790) (10,453)    
Commercial | Commercial                  
Loans held-for-investment:                  
Total loan balance 897,909   897,909       603,345    
SBA Paycheck Protection Program ("PPP") loans | Commercial                  
Loans held-for-investment:                  
Total loan balance 323,550   323,550            
CRE - owner occupied                  
Loans held-for-investment:                  
Total loan balance 561,528   561,528     6,994      
Allowance for credit losses on loans(1) (9,283)   (9,283)   (8,547) (6,994) (3,825)    
CRE - owner occupied | Real estate                  
Loans held-for-investment:                  
Total loan balance 561,528   561,528       548,907    
CRE - non-owner occupied                  
Loans held-for-investment:                  
Total loan balance 713,563   713,563     11,672 767,821    
Allowance for credit losses on loans(1) (15,325)   (15,325)   (15,449) (11,672) (3,760)    
CRE - non-owner occupied | Real estate                  
Loans held-for-investment:                  
Total loan balance 713,563   713,563       767,821    
Land and construction                  
Loans held-for-investment:                  
Total loan balance 142,632   142,632     1,458      
Allowance for credit losses on loans(1) (2,544)   (2,544)   (2,552) (1,458) (2,621)    
Land and construction | Real estate                  
Loans held-for-investment:                  
Total loan balance 142,632   142,632       147,189    
Home equity                  
Loans held-for-investment:                  
Total loan balance 111,468   111,468     1,321      
Allowance for credit losses on loans(1) (1,881)   (1,881)   (1,851) (1,321) (2,244)    
Home equity | Real estate                  
Loans held-for-investment:                  
Total loan balance 111,468   111,468       151,775    
Multi-family                  
Loans held-for-investment:                  
Total loan balance 169,791   169,791     1,253      
Allowance for credit losses on loans(1) (1,849)   (1,849)   (1,828) (1,253) (57)    
Multi-family | Real estate                  
Loans held-for-investment:                  
Total loan balance 169,791   169,791       180,623    
Residential mortgages                  
Loans held-for-investment:                  
Total loan balance 91,077   91,077     678      
Allowance for credit losses on loans(1) (779)   (779)   (825) (678) (243)    
Residential mortgages | Real estate                  
Loans held-for-investment:                  
Total loan balance 91,077   91,077       100,759    
Consumer and other                  
Loans held-for-investment:                  
Total loan balance 17,511   17,511     1,689      
Allowance for credit losses on loans(1) (961)   (961)   $ (1,213) $ (1,689) (82)    
Consumer and other | Consumer                  
Loans held-for-investment:                  
Total loan balance $ 17,511   $ 17,511       33,744    
ASU 2016-03 - Topic 326                  
Loans held-for-investment:                  
Allowance for credit losses on loans(1)             (8,570)    
ASU 2016-03 - Topic 326 | Commercial                  
Loans held-for-investment:                  
Allowance for credit losses on loans(1)             3,663    
ASU 2016-03 - Topic 326 | CRE - owner occupied                  
Loans held-for-investment:                  
Allowance for credit losses on loans(1)             (3,169)    
ASU 2016-03 - Topic 326 | CRE - non-owner occupied                  
Loans held-for-investment:                  
Allowance for credit losses on loans(1)             (7,912)    
ASU 2016-03 - Topic 326 | Land and construction                  
Loans held-for-investment:                  
Allowance for credit losses on loans(1)             1,163    
ASU 2016-03 - Topic 326 | Home equity                  
Loans held-for-investment:                  
Allowance for credit losses on loans(1)             923    
ASU 2016-03 - Topic 326 | Multi-family                  
Loans held-for-investment:                  
Allowance for credit losses on loans(1)             (1,196)    
ASU 2016-03 - Topic 326 | Residential mortgages                  
Loans held-for-investment:                  
Allowance for credit losses on loans(1)             (435)    
ASU 2016-03 - Topic 326 | Consumer and other                  
Loans held-for-investment:                  
Allowance for credit losses on loans(1)             (1,607)    
Restatement Adjustment | ASU 2016-03 - Topic 326                  
Loans held-for-investment:                  
Allowance for credit losses on loans(1)             (8,570)    
Retained earnings             (6,062)    
Restatement Adjustment | ASU 2016-03 - Topic 326 | Commercial                  
Loans held-for-investment:                  
Total loan balance             (3,663)    
Restatement Adjustment | ASU 2016-03 - Topic 326 | CRE - owner occupied                  
Loans held-for-investment:                  
Total loan balance             3,169    
Restatement Adjustment | ASU 2016-03 - Topic 326 | CRE - non-owner occupied                  
Loans held-for-investment:                  
Total loan balance             7,912    
Restatement Adjustment | ASU 2016-03 - Topic 326 | Land and construction                  
Loans held-for-investment:                  
Total loan balance             (1,163)    
Restatement Adjustment | ASU 2016-03 - Topic 326 | Home equity                  
Loans held-for-investment:                  
Total loan balance             (923)    
Restatement Adjustment | ASU 2016-03 - Topic 326 | Multi-family                  
Loans held-for-investment:                  
Total loan balance             1,196    
Restatement Adjustment | ASU 2016-03 - Topic 326 | Residential mortgages                  
Loans held-for-investment:                  
Total loan balance             435    
Restatement Adjustment | ASU 2016-03 - Topic 326 | Consumer and other                  
Loans held-for-investment:                  
Total loan balance             1,607    
Previously Reported | ASU 2016-03 - Topic 326                  
Loans held-for-investment:                  
Allowance for credit losses on loans(1)             (23,285)    
Previously Reported | ASU 2016-03 - Topic 326 | Commercial                  
Loans held-for-investment:                  
Total loan balance             10,453    
Previously Reported | ASU 2016-03 - Topic 326 | CRE - owner occupied                  
Loans held-for-investment:                  
Total loan balance             3,825    
Previously Reported | ASU 2016-03 - Topic 326 | CRE - non-owner occupied                  
Loans held-for-investment:                  
Total loan balance             3,760    
Previously Reported | ASU 2016-03 - Topic 326 | Land and construction                  
Loans held-for-investment:                  
Total loan balance             2,621    
Previously Reported | ASU 2016-03 - Topic 326 | Home equity                  
Loans held-for-investment:                  
Total loan balance             2,244    
Previously Reported | ASU 2016-03 - Topic 326 | Multi-family                  
Loans held-for-investment:                  
Total loan balance             57    
Previously Reported | ASU 2016-03 - Topic 326 | Residential mortgages                  
Loans held-for-investment:                  
Total loan balance             243    
Previously Reported | ASU 2016-03 - Topic 326 | Consumer and other                  
Loans held-for-investment:                  
Total loan balance             $ 82