$PFC
PREMIER FINANCIAL CORP

2020 Q3 Form 10-Q Financial Statement

#000156459020052007 Filed on November 06, 2020

View on sec.gov

Income Statement

Concept 2020 Q3 2019 Q3 2019 Q2
Revenue $60.16M $35.68M $35.24M
YoY Change 68.59% 11.64% 16.31%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $6.900M $2.000M $2.000M
YoY Change 245.0% 25.0% 33.33%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $6.888M $6.791M $6.252M
YoY Change 1.43% 53.16% 66.63%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $31.91M $16.20M $14.96M
YoY Change 96.95% 17.51% 9.4%
Income Tax $6.259M $3.033M $2.759M
% Of Pretax Income 19.61% 18.72% 18.44%
Net Earnings $25.66M $13.17M $12.20M
YoY Change 94.78% 16.5% 9.81%
Net Earnings / Revenue 42.65% 36.91% 34.62%
Basic Earnings Per Share $0.69 $0.67 $0.62
Diluted Earnings Per Share $0.69 $0.66 $0.61
COMMON SHARES
Basic Shares Outstanding 37.30M 19.79M 19.78M
Diluted Shares Outstanding

Balance Sheet

Concept 2020 Q3 2019 Q3 2019 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $103.1M $112.0M $83.60M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $76.20M $48.20M $48.50M
YoY Change 58.09% 19.27% 19.92%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $6.975B $3.351B $3.278B
YoY Change 108.17% 8.15% 7.83%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $18.30M $8.900M $9.000M
YoY Change 105.62%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $2.900M $3.100M
YoY Change -100.0% -30.95% -55.07%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $18.30M $8.900M $9.000M
YoY Change 105.62% 111.9% 30.43%
LONG-TERM LIABILITIES
Long-Term Debt $84.80M $36.10M $36.10M
YoY Change 134.9% 0.0% 0.0%
Other Long-Term Liabilities $87.10M $37.70M $34.80M
YoY Change 131.03% -5.04% 0.0%
Total Long-Term Liabilities $171.9M $73.80M $70.90M
YoY Change 132.93% -2.64% 0.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $18.30M $8.900M $9.000M
Total Long-Term Liabilities $171.9M $73.80M $70.90M
Total Liabilities $6.016B $2.933B $2.870B
YoY Change 105.13% 8.43% 8.2%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $959.0M $418.0M $407.2M
YoY Change
Total Liabilities & Shareholders Equity $6.975B $3.351B $3.278B
YoY Change 108.17% 8.15% 7.83%

Cashflow Statement

Concept 2020 Q3 2019 Q3 2019 Q2
OPERATING ACTIVITIES
Net Income $25.66M $13.17M $12.20M
YoY Change 94.78% 16.5% 9.81%
Depreciation, Depletion And Amortization $6.900M $2.000M $2.000M
YoY Change 245.0% 25.0% 33.33%
Cash From Operating Activities -$33.90M $6.200M $3.300M
YoY Change -646.77% -69.15% -17.5%
INVESTING ACTIVITIES
Capital Expenditures -$900.0K -$1.000M -$600.0K
YoY Change -10.0% 0.0% -57.14%
Acquisitions
YoY Change
Other Investing Activities -$4.500M -$34.80M -$72.90M
YoY Change -87.07% -49.86% 67.2%
Cash From Investing Activities -$5.300M -$35.70M -$73.50M
YoY Change -85.15% -49.29% 63.33%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -50.50M 57.90M 41.30M
YoY Change -187.22% 34.97% 344.09%
NET CHANGE
Cash From Operating Activities -33.90M 6.200M 3.300M
Cash From Investing Activities -5.300M -35.70M -73.50M
Cash From Financing Activities -50.50M 57.90M 41.30M
Net Change In Cash -89.70M 28.40M -28.90M
YoY Change -415.85% -483.78% -8.83%
FREE CASH FLOW
Cash From Operating Activities -$33.90M $6.200M $3.300M
Capital Expenditures -$900.0K -$1.000M -$600.0K
Free Cash Flow -$33.00M $7.200M $3.900M
YoY Change -558.33% -65.88% -27.78%

Facts In Submission

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CommonStockDividendsPerShareCashPaid
0.19
CY2019Q2 us-gaap Dividends Common Stock
DividendsCommonStock
3747000
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
407216000
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
13171000
CY2019Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
934000
CY2019Q3 us-gaap Stock Issued During Period Value Employee Benefit Plan
StockIssuedDuringPeriodValueEmployeeBenefitPlan
19000
CY2019Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions
6000
CY2019Q3 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
421000
CY2019Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.19
us-gaap Provision For Other Credit Losses
ProvisionForOtherCreditLosses
51014000
us-gaap Provision For Other Credit Losses
ProvisionForOtherCreditLosses
1821000
pfc Amortization Of Mortgage Servicing Rights Msrs Net Of Impairment Recoveries
AmortizationOfMortgageServicingRightsMsrsNetOfImpairmentRecoveries
12829000
pfc Amortization Of Mortgage Servicing Rights Msrs Net Of Impairment Recoveries
AmortizationOfMortgageServicingRightsMsrsNetOfImpairmentRecoveries
1714000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
4781000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
839000
pfc Net Amortization Of Premiums And Discounts On Loans And Deposits
NetAmortizationOfPremiumsAndDiscountsOnLoansAndDeposits
9948000
pfc Net Amortization Of Premiums And Discounts On Loans And Deposits
NetAmortizationOfPremiumsAndDiscountsOnLoansAndDeposits
599000
pfc Net Amortization Of Premium And Discounts On Loans Securities Deposits And Debt Obligations
NetAmortizationOfPremiumAndDiscountsOnLoansSecuritiesDepositsAndDebtObligations
3364000
pfc Net Amortization Of Premium And Discounts On Loans Securities Deposits And Debt Obligations
NetAmortizationOfPremiumAndDiscountsOnLoansSecuritiesDepositsAndDebtObligations
1073000
us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
14059000
us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
637000
us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
610062000
us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
201571000
us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
721063000
us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
213649000
us-gaap Gain Loss On Sale Of Loans And Leases
GainLossOnSaleOfLoansAndLeases
30447000
us-gaap Gain Loss On Sale Of Loans And Leases
GainLossOnSaleOfLoansAndLeases
5887000
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-10000
us-gaap Increase Decrease In Assets Held For Sale
IncreaseDecreaseInAssetsHeldForSale
-178000
us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
1464000
us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
11000
us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
14000
us-gaap Stock Option Plan Expense
StockOptionPlanExpense
2777000
us-gaap Stock Option Plan Expense
StockOptionPlanExpense
272000
pfc Vesting Of Restricted Stock
VestingOfRestrictedStock
1496000
pfc Vesting Of Restricted Stock
VestingOfRestrictedStock
-184000
us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
2460000
us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
1702000
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
108000
pfc Increase Decrease In Interest Receivable
IncreaseDecreaseInInterestReceivable
1745000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
20246000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
5783000
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
11710000
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
1705000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-67782000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
19235000
us-gaap Proceeds From Sale Of Held To Maturity Securities
ProceedsFromSaleOfHeldToMaturitySecurities
42000
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
89514000
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
29913000
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
52420000
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
783000
pfc Proceeds From Sale Of Real Estate And Other Assets Held For Sale
ProceedsFromSaleOfRealEstateAndOtherAssetsHeldForSale
903000
pfc Proceeds From Sale Of Real Estate And Other Assets Held For Sale
ProceedsFromSaleOfRealEstateAndOtherAssetsHeldForSale
1173000
pfc Proceeds From Sale Of Non Mortgage Loans
ProceedsFromSaleOfNonMortgageLoans
5241000
pfc Proceeds From Sale Of Non Mortgage Loans
ProceedsFromSaleOfNonMortgageLoans
15944000
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
165511000
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
18652000
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
1000000
us-gaap Payments For Proceeds From Federal Home Loan Bank Stock
PaymentsForProceedsFromFederalHomeLoanBankStock
-1176000
us-gaap Payments For Proceeds From Federal Home Loan Bank Stock
PaymentsForProceedsFromFederalHomeLoanBankStock
-2302000
pfc Payments For Proceeds From Businesses Acquisition
PaymentsForProceedsFromBusinessesAcquisition
-52448000
pfc Payments For Proceeds From Businesses Acquisition
PaymentsForProceedsFromBusinessesAcquisition
1600000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
3659000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2388000
us-gaap Payments To Acquire Life Insurance Policies
PaymentsToAcquireLifeInsurancePolicies
6600000
us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
874000
us-gaap Payments For Proceeds From Loans Receivable
PaymentsForProceedsFromLoansReceivable
400242000
us-gaap Payments For Proceeds From Loans Receivable
PaymentsForProceedsFromLoansReceivable
140439000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-368710000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-118648000
pfc Net Increase In Deposits And Advance Payments By Borrowers
NetIncreaseInDepositsAndAdvancePaymentsByBorrowers
833417000
pfc Net Increase In Deposits And Advance Payments By Borrowers
NetIncreaseInDepositsAndAdvancePaymentsByBorrowers
141585000
pfc Increase Decrease In Loans From Other Federal Home Loan Banks And Paycheck Protection Program Lending Facility
IncreaseDecreaseInLoansFromOtherFederalHomeLoanBanksAndPaycheckProtectionProgramLendingFacility
-436063000
pfc Increase Decrease In Loans From Other Federal Home Loan Banks And Paycheck Protection Program Lending Facility
IncreaseDecreaseInLoansFromOtherFederalHomeLoanBanksAndPaycheckProtectionProgramLendingFacility
-94000
us-gaap Proceeds From Issuance Of Subordinated Long Term Debt
ProceedsFromIssuanceOfSubordinatedLongTermDebt
48735000
us-gaap Proceeds From Payments For In Securities Sold Under Agreements To Repurchase
ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase
-2999000
us-gaap Proceeds From Payments For In Securities Sold Under Agreements To Repurchase
ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase
-2890000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
10095000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
15147000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
191000
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
9000
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
83000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
24693000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
11283000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
408311000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
112445000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-28181000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
13032000
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
131254000
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
98962000
CY2020Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
103073000
CY2019Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
111994000
us-gaap Interest Paid Net
InterestPaidNet
24767000
us-gaap Interest Paid Net
InterestPaidNet
18459000
us-gaap Income Taxes Paid
IncomeTaxesPaid
12750000
us-gaap Income Taxes Paid
IncomeTaxesPaid
7350000
pfc Initial Recognition Of Right Of Use Asset
InitialRecognitionOfRightOfUseAsset
10106000
pfc Initial Recognition Of Right Of Use Asset
InitialRecognitionOfRightOfUseAsset
8808000
pfc Initial Recognition Of Lease Liability
InitialRecognitionOfLeaseLiability
10254000
pfc Initial Recognition Of Lease Liability
InitialRecognitionOfLeaseLiability
9339000
pfc Initial Recognition Of Cecl
InitialRecognitionOfCECL
2566000
us-gaap Transfer Of Portfolio Loans And Leases To Held For Sale1
TransferOfPortfolioLoansAndLeasesToHeldForSale1
192000
us-gaap Transfer Of Portfolio Loans And Leases To Held For Sale1
TransferOfPortfolioLoansAndLeasesToHeldForSale1
146000
pfc Number Of Additional Subsidiaries Acquired
NumberOfAdditionalSubsidiariesAcquired
2
us-gaap Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:12pt;font-style:normal;text-transform:none;font-variant: normal;">Accounting Standards not yet adopted:</p> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-weight:bold;;"> </p> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:12pt;font-style:normal;text-transform:none;font-variant: normal;">ASU No. 2020-04: Reference Rate Reform – Facilitation of the Effects of Reference Rate Reform on Financial Reporting (Topic 848): <span style="font-weight:normal;">This guidance provides temporary options to ease the potential burden in </span></p> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:bold;font-family:Times New Roman;font-size:12pt;font-style:normal;text-transform:none;font-variant: normal;"><span style="font-weight:normal;">accounting for reference rate reform. It is intended to help stakeholders during the global market-wide reference rate transition period. The guidance is effective as of March 12, 2020</span><span style="font-weight:normal;">,</span><span style="font-weight:normal;"> through December 31, 2022. The Company anticipates being fully prepared to implement a replacement for the reference rate and has determined that any change will not have a material impact to the consolidated financial statements.</span></p>
pfc Fair Value Determination Of Loans Held For Sale Description
FairValueDeterminationOfLoansHeldForSaleDescription
The fair value of conventional loans held for sale is determined using the current 15 day forward contract price for either 15 or year conventional mortgages (Level 2). The fair value of permanent construction loans held for sale is determined using the current 60 day forward contract price for 15 or 30 years conventional mortgages which is then adjusted for unobservable market data such as estimated fall out rates and estimated time from origination to completion of construction (Level 3).
CY2020Q3 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
17501000
CY2020Q3 pfc Mortgage Servicing Rights At Fair Value
MortgageServicingRightsAtFairValue
13477000
CY2019Q4 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
106000
CY2019Q4 pfc Mortgage Servicing Rights At Fair Value
MortgageServicingRightsAtFairValue
273000
CY2020Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
103073000
CY2020Q3 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
103073000
CY2020Q3 pfc Securities Available For Sale At Carrying Value
SecuritiesAvailableForSaleAtCarryingValue
578224000
CY2020Q3 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
578224000
CY2020Q3 pfc Equity Securities Carrying Value
EquitySecuritiesCarryingValue
1014000
CY2020Q3 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
1014000
CY2020Q3 us-gaap Federal Home Loan Bank Stock
FederalHomeLoanBankStock
23492000
CY2020Q3 pfc Loans Receivable Net Carrying Value
LoansReceivableNetCarryingValue
5381631000
CY2020Q3 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
5408788000
CY2020Q3 pfc Loans Held For Sale At Carrying Value
LoansHeldForSaleAtCarryingValue
208054000
CY2020Q3 us-gaap Loans Held For Sale Fair Value Disclosure
LoansHeldForSaleFairValueDisclosure
208054000
CY2020Q3 us-gaap Deposits Savings Deposits
DepositsSavingsDeposits
5795757000
CY2020Q3 us-gaap Deposits Fair Value Disclosure
DepositsFairValueDisclosure
5808414000
CY2020Q3 us-gaap Federal Home Loan Bank Advances Long Term
FederalHomeLoanBankAdvancesLongTerm
30000000
CY2020Q3 us-gaap Investment In Federal Home Loan Bank Stock Fair Value Disclosure
InvestmentInFederalHomeLoanBankStockFairValueDisclosure
30000000
CY2020Q3 us-gaap Subordinated Debt
SubordinatedDebt
84818000
CY2020Q3 us-gaap Fair Value Liabilities Measured On Recurring Basis Subordinated Debt Obligations
FairValueLiabilitiesMeasuredOnRecurringBasisSubordinatedDebtObligations
84818000
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
131254000
CY2019Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
131254000
CY2019Q4 us-gaap Marketable Securities
MarketableSecurities
283448000
CY2019Q4 pfc Marketable Securities At Fair Value
MarketableSecuritiesAtFairValue
283448000
CY2019Q4 us-gaap Federal Home Loan Bank Stock
FederalHomeLoanBankStock
11915000
CY2019Q4 pfc Loans And Loans Receivable Heldforsale
LoansAndLoansReceivableHeldforsale
2764329000
CY2019Q4 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
2756092000
CY2019Q4 us-gaap Deposits Savings Deposits
DepositsSavingsDeposits
2870325000
CY2019Q4 us-gaap Deposits Fair Value Disclosure
DepositsFairValueDisclosure
2871166000
CY2019Q4 us-gaap Federal Home Loan Bank Advances Long Term
FederalHomeLoanBankAdvancesLongTerm
85063000
CY2019Q4 us-gaap Investment In Federal Home Loan Bank Stock Fair Value Disclosure
InvestmentInFederalHomeLoanBankStockFairValueDisclosure
85003000
CY2019Q4 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
2999000
CY2019Q4 us-gaap Securities Loaned Or Sold Under Agreements To Repurchase Fair Value Disclosure
SecuritiesLoanedOrSoldUnderAgreementsToRepurchaseFairValueDisclosure
2999000
CY2019Q4 us-gaap Subordinated Debt
SubordinatedDebt
36083000
CY2019Q4 us-gaap Fair Value Liabilities Measured On Recurring Basis Subordinated Debt Obligations
FairValueLiabilitiesMeasuredOnRecurringBasisSubordinatedDebtObligations
36083000
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
37461
CY2020Q3 pfc Share Based Compensation Arrangement By Share Based Payment Award Conversion Of Outstanding Stock Options
ShareBasedCompensationArrangementByShareBasedPaymentAwardConversionOfOutstandingStockOptions
39983
pfc Stock Option Period Description
StockOptionPeriodDescription
All options expire ten years from the date of grant. Vested options of retirees expire on the earlier of the scheduled expiration date or three months after the retirement date
pfc Share Based Compensation Arrangement By Share Based Payment Award Maximum Vested Percentage Year
ShareBasedCompensationArrangementByShareBasedPaymentAwardMaximumVestedPercentageYear
0.20
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
17700
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
17.60
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
300
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
18.89
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
19922
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
7.10
CY2020Q3 pfc Share Based Compensation Arrangement By Share Based Payment Award Conversion Of Outstanding Stock Options
ShareBasedCompensationArrangementByShareBasedPaymentAwardConversionOfOutstandingStockOptions
39983
pfc Share Based Compensation Arrangements By Share Based Payment Award Options Exchanged In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExchangedInPeriodWeightedAverageExercisePrice
16.00
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
37461
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
21.47
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
9000
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
35861
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
21.58
CY2020Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
9000
CY2020Q3 pfc Share Based Compensation Arrangement By Share Based Payment Award Conversion Of Outstanding Stock Options
ShareBasedCompensationArrangementByShareBasedPaymentAwardConversionOfOutstandingStockOptions
39983
pfc Fair Value Of Option Exchange From Merger
FairValueOfOptionExchangeFromMerger
461000
pfc Fair Value Of Option Exchange From Merger Per Share
FairValueOfOptionExchangeFromMergerPerShare
11.52
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
191000
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
40000
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
4000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
189000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
390000
CY2020Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
3000
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P0Y3M3D
CY2020Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
974000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3000000.0
CY2019Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
559000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1500000
CY2020Q3 pfc Compensation Expense Maximum
CompensationExpenseMaximum
2700000
CY2020Q3 pfc Unrecognized Compensation Expense
UnrecognizedCompensationExpense
2100000
CY2020Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.22
CY2020Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.22
CY2019Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.19
CY2019Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.19
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
25655000
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
13171000
us-gaap Net Income Loss
NetIncomeLoss
32230000
us-gaap Net Income Loss
NetIncomeLoss
36852000
CY2020Q3 pfc Income Allocated To Participating Securities
IncomeAllocatedToParticipatingSecurities
-36000
CY2019Q3 pfc Income Allocated To Participating Securities
IncomeAllocatedToParticipatingSecurities
-1000
pfc Income Allocated To Participating Securities
IncomeAllocatedToParticipatingSecurities
-46000
pfc Income Allocated To Participating Securities
IncomeAllocatedToParticipatingSecurities
-3000
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
25619000
CY2019Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
13170000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
32184000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
36849000
CY2020Q3 pfc Weighted Average Number Of Shares Outstanding Basic Including Participating Securities
WeightedAverageNumberOfSharesOutstandingBasicIncludingParticipatingSecurities
37356000
CY2019Q3 pfc Weighted Average Number Of Shares Outstanding Basic Including Participating Securities
WeightedAverageNumberOfSharesOutstandingBasicIncludingParticipatingSecurities
19801000
pfc Weighted Average Number Of Shares Outstanding Basic Including Participating Securities
WeightedAverageNumberOfSharesOutstandingBasicIncludingParticipatingSecurities
35481000
pfc Weighted Average Number Of Shares Outstanding Basic Including Participating Securities
WeightedAverageNumberOfSharesOutstandingBasicIncludingParticipatingSecurities
19873000
CY2020Q3 pfc Weighted Average Number Of Shares Outstanding Basic Participating Securities
WeightedAverageNumberOfSharesOutstandingBasicParticipatingSecurities
52000
CY2019Q3 pfc Weighted Average Number Of Shares Outstanding Basic Participating Securities
WeightedAverageNumberOfSharesOutstandingBasicParticipatingSecurities
11000
pfc Weighted Average Number Of Shares Outstanding Basic Participating Securities
WeightedAverageNumberOfSharesOutstandingBasicParticipatingSecurities
50000
pfc Weighted Average Number Of Shares Outstanding Basic Participating Securities
WeightedAverageNumberOfSharesOutstandingBasicParticipatingSecurities
11000
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
37304000
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
19790000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
35431000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
19862000
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.69
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.67
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.91
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.86
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
25619000
CY2019Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
13170000
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
32184000
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
36849000
CY2020Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
37304000
CY2019Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
19790000
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
35431000
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
19862000
CY2020Q3 us-gaap Weighted Average Number Of Shares Employee Stock Ownership Plan Shares Not Committed To Be Released
WeightedAverageNumberOfSharesEmployeeStockOwnershipPlanSharesNotCommittedToBeReleased
30000
CY2019Q3 us-gaap Weighted Average Number Of Shares Employee Stock Ownership Plan Shares Not Committed To Be Released
WeightedAverageNumberOfSharesEmployeeStockOwnershipPlanSharesNotCommittedToBeReleased
85000
us-gaap Weighted Average Number Of Shares Employee Stock Ownership Plan Shares Not Committed To Be Released
WeightedAverageNumberOfSharesEmployeeStockOwnershipPlanSharesNotCommittedToBeReleased
51000
us-gaap Weighted Average Number Of Shares Employee Stock Ownership Plan Shares Not Committed To Be Released
WeightedAverageNumberOfSharesEmployeeStockOwnershipPlanSharesNotCommittedToBeReleased
81000
CY2020Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
37334000
CY2019Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
19875000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
35482000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
19943000
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.69
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.66
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.91
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.85
CY2020Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
27341
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
25329
CY2019Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0
CY2020Q3 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
560225000
CY2020Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
18624000
CY2020Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
625000
CY2020Q3 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
578224000
CY2020Q1 us-gaap Business Combination Acquired Receivables Fair Value
BusinessCombinationAcquiredReceivablesFairValue
262800000
CY2019Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
277323000
CY2019Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
6332000
CY2019Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
207000
CY2019Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
283448000
CY2020Q3 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
8975000
CY2020Q3 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
8982000
CY2020Q3 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
12351000
us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
0
CY2020Q3 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
12514000
CY2019Q4 pfc Loans And Leases Receivable Consumer And Commercial Real Estate Gross
LoansAndLeasesReceivableConsumerAndCommercialRealEstateGross
2136104000
CY2019Q4 us-gaap Loans And Leases Receivable Before Fees Gross
LoansAndLeasesReceivableBeforeFeesGross
2874688000
CY2019Q4 us-gaap Loans And Leases Receivable Loans In Process
LoansAndLeasesReceivableLoansInProcess
126108000
CY2019Q4 us-gaap Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
2259000
CY2019Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
31243000
CY2020Q3 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
77033000
CY2020Q3 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
79806000
CY2020Q3 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
133496000
CY2020Q3 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
138999000
CY2020Q3 us-gaap Available For Sale Securities Debt Maturities Without Single Maturity Date Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost
328370000
CY2020Q3 us-gaap Available For Sale Securities Debt Maturities Without Single Maturity Date Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue
337923000
CY2020Q3 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
560225000
CY2020Q3 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
578224000
CY2020Q3 pfc Security Owned And Pledged As Collateral Carrying Value
SecurityOwnedAndPledgedAsCollateralCarryingValue
298500000
CY2020Q3 pfc Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value Net
SecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValueNet
56232000
pfc Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Losses Net
SecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesNet
625000
CY2020Q3 pfc Sale Securities Continuous Unrealized Loss Position Fair Value Net
SaleSecuritiesContinuousUnrealizedLossPositionFairValueNet
56232000
pfc Securities Continuous Unrealized Loss Position Aggregate Losses Net
SecuritiesContinuousUnrealizedLossPositionAggregateLossesNet
625000
CY2019Q4 pfc Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value Net
SecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValueNet
22691000
CY2019 pfc Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Losses Net
SecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesNet
80000
CY2019Q4 pfc Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value Net
SecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValueNet
15270000
CY2019 pfc Securities Continuous Unrealized Loss Position12 Months Or Longer Aggregate Losses Net
SecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesNet
127000
CY2019Q4 pfc Sale Securities Continuous Unrealized Loss Position Fair Value Net
SaleSecuritiesContinuousUnrealizedLossPositionFairValueNet
37961000
CY2019 pfc Securities Continuous Unrealized Loss Position Aggregate Losses Net
SecuritiesContinuousUnrealizedLossPositionAggregateLossesNet
207000
us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
1500000
CY2020Q3 us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
1500000
CY2019Q3 us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
11000
us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
11000
us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
14000
CY2020Q3 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
14000
CY2019Q3 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
0
CY2020Q3 pfc Loans And Leases Receivable Consumer And Commercial Real Estate Gross
LoansAndLeasesReceivableConsumerAndCommercialRealEstateGross
4103944000
CY2020Q3 us-gaap Loans And Leases Receivable Before Fees Gross
LoansAndLeasesReceivableBeforeFeesGross
5777514000
CY2020Q3 us-gaap Loans And Leases Receivable Loans In Process
LoansAndLeasesReceivableLoansInProcess
300174000
CY2020Q3 us-gaap Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
6792000
CY2020Q3 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
5381631000
CY2019Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
2715078000
CY2020Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
88555000
CY2020Q3 us-gaap Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
4219000
CY2020Q3 us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
923000
CY2020Q3 us-gaap Allowance For Loan And Lease Losses Period Increase Decrease
AllowanceForLoanAndLeaseLossesPeriodIncreaseDecrease
3658000
CY2020Q3 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
88917000
CY2019Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
28934000
CY2019Q3 us-gaap Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
191000
CY2019Q3 us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
180000
CY2019Q3 us-gaap Allowance For Loan And Lease Losses Period Increase Decrease
AllowanceForLoanAndLeaseLossesPeriodIncreaseDecrease
1327000
CY2019Q3 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
30250000
CY2019Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
31243000
us-gaap Prior Period Reclassification Adjustment
PriorPeriodReclassificationAdjustment
2354000
pfc Allowance For Loan And Lease Losses Acquisition Related Allowance For Credit Loss Purchased With Credit Deterioration
AllowanceForLoanAndLeaseLossesAcquisitionRelatedAllowanceForCreditLossPurchasedWithCreditDeterioration
7698000
us-gaap Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
4948000
us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
3258000
us-gaap Allowance For Loan And Lease Losses Period Increase Decrease
AllowanceForLoanAndLeaseLossesPeriodIncreaseDecrease
49312000
CY2020Q3 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
88917000
CY2018Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
28331000
us-gaap Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
861000
us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
959000
us-gaap Allowance For Loan And Lease Losses Period Increase Decrease
AllowanceForLoanAndLeaseLossesPeriodIncreaseDecrease
1821000
CY2019Q3 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
30250000
CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
422000
CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
30821000
CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
31243000
CY2019Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
35623000
CY2019Q4 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
2749148000
CY2019Q4 pfc Notes Receivable Net Acquired With Deteriorated Credit Quality
NotesReceivableNetAcquiredWithDeterioratedCreditQuality
1922000
CY2019Q4 us-gaap Notes Receivable Net
NotesReceivableNet
2786693000
CY2019Q3 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
37745000
CY2019Q3 us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
404000
CY2019Q3 us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
346000
us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
40546000
us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
1595000
us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
1321000
CY2019Q4 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance
26860000
CY2019Q4 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
25852000
CY2019Q4 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance
10898000
CY2019Q4 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
9771000
CY2019Q4 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
422000
CY2020Q3 pfc Non Performing Loans Non Accrual Status
NonPerformingLoansNonAccrualStatus
48360000
CY2019Q4 pfc Non Performing Loans Non Accrual Status
NonPerformingLoansNonAccrualStatus
13437000
CY2020Q3 pfc Non Performing Loans Net
NonPerformingLoansNet
48360000
CY2019Q4 pfc Non Performing Loans Net
NonPerformingLoansNet
13437000
CY2020Q3 us-gaap Real Estate Assets Held For Development And Sale
RealEstateAssetsHeldForDevelopmentAndSale
521000
CY2019Q4 us-gaap Real Estate Assets Held For Development And Sale
RealEstateAssetsHeldForDevelopmentAndSale
100000
CY2020Q3 pfc Non Performing Assets Net
NonPerformingAssetsNet
48881000
CY2019Q4 pfc Non Performing Assets Net
NonPerformingAssetsNet
13537000
CY2020Q3 pfc Troubled Debt Restructuring Still Accruing
TroubledDebtRestructuringStillAccruing
8499000
CY2019Q4 pfc Troubled Debt Restructuring Still Accruing
TroubledDebtRestructuringStillAccruing
8486000
CY2020Q3 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
5401317000
CY2020Q3 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
20871000
CY2020Q3 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
48360000
CY2019Q4 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
2776550000
CY2019Q4 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
10143000
CY2019Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
13437000
pfc Cash Paid For Paycheck Protection Program
CashPaidForPaycheckProtectionProgram
443300000
us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
5672000
CY2020Q3 us-gaap Fees And Commissions Mortgage Banking And Servicing
FeesAndCommissionsMortgageBankingAndServicing
1898000
CY2019Q3 us-gaap Fees And Commissions Mortgage Banking And Servicing
FeesAndCommissionsMortgageBankingAndServicing
960000
CY2020Q3 us-gaap Notes Receivable Net
NotesReceivableNet
5470548000
CY2019Q4 us-gaap Notes Receivable Net
NotesReceivableNet
2786693000
CY2020Q3 us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
13781000
CY2019Q3 us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
2596000
us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
30213000
CY2020Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
18273000
us-gaap Fees And Commissions Mortgage Banking And Servicing
FeesAndCommissionsMortgageBankingAndServicing
5379000
us-gaap Fees And Commissions Mortgage Banking And Servicing
FeesAndCommissionsMortgageBankingAndServicing
2842000
CY2020Q3 us-gaap Amortization Of Mortgage Servicing Rights Ms Rs
AmortizationOfMortgageServicingRightsMSRs
1959000
CY2019Q3 us-gaap Amortization Of Mortgage Servicing Rights Ms Rs
AmortizationOfMortgageServicingRightsMSRs
579000
us-gaap Amortization Of Mortgage Servicing Rights Ms Rs
AmortizationOfMortgageServicingRightsMSRs
5302000
us-gaap Amortization Of Mortgage Servicing Rights Ms Rs
AmortizationOfMortgageServicingRightsMSRs
1256000
CY2020Q3 pfc Mortgage Servicing Rights Valuation Adjustments
MortgageServicingRightsValuationAdjustments
-1673000
CY2019Q3 pfc Mortgage Servicing Rights Valuation Adjustments
MortgageServicingRightsValuationAdjustments
-155000
pfc Mortgage Servicing Rights Valuation Adjustments
MortgageServicingRightsValuationAdjustments
-7527000
pfc Mortgage Servicing Rights Valuation Adjustments
MortgageServicingRightsValuationAdjustments
-458000
CY2020Q3 pfc Mortgage Loans Servicing Revenue Expense
MortgageLoansServicingRevenueExpense
-1734000
CY2019Q3 pfc Mortgage Loans Servicing Revenue Expense
MortgageLoansServicingRevenueExpense
226000
pfc Mortgage Loans Servicing Revenue Expense
MortgageLoansServicingRevenueExpense
-7450000
pfc Mortgage Loans Servicing Revenue Expense
MortgageLoansServicingRevenueExpense
1128000
CY2020Q3 pfc Net Revenue From Sale And Servicing Of Mortgage Loans
NetRevenueFromSaleAndServicingOfMortgageLoans
12047000
CY2019Q3 pfc Net Revenue From Sale And Servicing Of Mortgage Loans
NetRevenueFromSaleAndServicingOfMortgageLoans
2822000
pfc Net Revenue From Sale And Servicing Of Mortgage Loans
NetRevenueFromSaleAndServicingOfMortgageLoans
22763000
pfc Net Revenue From Sale And Servicing Of Mortgage Loans
NetRevenueFromSaleAndServicingOfMortgageLoans
6800000
CY2020Q3 pfc Residential Mortgage Loans Unpaid Balance
ResidentialMortgageLoansUnpaidBalance
3000000000.0
CY2019Q4 pfc Residential Mortgage Loans Unpaid Balance
ResidentialMortgageLoansUnpaidBalance
1460000000
CY2020Q3 pfc Mortgage Servicing Assets
MortgageServicingAssets
21034000
CY2019Q3 pfc Mortgage Servicing Assets
MortgageServicingAssets
10458000
pfc Mortgage Servicing Assets
MortgageServicingAssets
10801000
pfc Mortgage Servicing Assets
MortgageServicingAssets
10419000
CY2020Q3 pfc Mortgage Loans Sold Serviced Retained
MortgageLoansSoldServicedRetained
2463000
CY2019Q3 pfc Mortgage Loans Sold Serviced Retained
MortgageLoansSoldServicedRetained
738000
pfc Mortgage Loans Sold Serviced Retained
MortgageLoansSoldServicedRetained
6292000
pfc Mortgage Loans Sold Serviced Retained
MortgageLoansSoldServicedRetained
1454000
us-gaap Payments To Acquire Mortgage Servicing Rights Msr
PaymentsToAcquireMortgageServicingRightsMSR
9747000
CY2020Q3 us-gaap Amortization Of Mortgage Servicing Rights Ms Rs
AmortizationOfMortgageServicingRightsMSRs
1959000
CY2019Q3 us-gaap Amortization Of Mortgage Servicing Rights Ms Rs
AmortizationOfMortgageServicingRightsMSRs
579000
us-gaap Amortization Of Mortgage Servicing Rights Ms Rs
AmortizationOfMortgageServicingRightsMSRs
5302000
us-gaap Amortization Of Mortgage Servicing Rights Ms Rs
AmortizationOfMortgageServicingRightsMSRs
1256000
CY2020Q3 pfc Mortgage Servicing Assets Before Valuation Allowance
MortgageServicingAssetsBeforeValuationAllowance
21538000
CY2019Q3 pfc Mortgage Servicing Assets Before Valuation Allowance
MortgageServicingAssetsBeforeValuationAllowance
10617000
pfc Mortgage Servicing Assets Before Valuation Allowance
MortgageServicingAssetsBeforeValuationAllowance
21538000
pfc Mortgage Servicing Assets Before Valuation Allowance
MortgageServicingAssetsBeforeValuationAllowance
10617000
CY2020Q2 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
6388000
CY2019Q2 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
603000
CY2019Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
534000
CY2018Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
300000
CY2020Q3 pfc Valuation Allowances And Reserves Impairment Expense Recovery
ValuationAllowancesAndReservesImpairmentExpenseRecovery
-1673000
CY2019Q3 pfc Valuation Allowances And Reserves Impairment Expense Recovery
ValuationAllowancesAndReservesImpairmentExpenseRecovery
-155000
pfc Valuation Allowances And Reserves Impairment Expense Recovery
ValuationAllowancesAndReservesImpairmentExpenseRecovery
-7527000
pfc Valuation Allowances And Reserves Impairment Expense Recovery
ValuationAllowancesAndReservesImpairmentExpenseRecovery
-458000
CY2020Q3 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
8061000
CY2019Q3 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
758000
CY2020Q3 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
8061000
CY2019Q3 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
758000
CY2020Q3 pfc Net Carrying Value Of Ms Rs
NetCarryingValueOfMSRs
13477000
CY2019Q3 pfc Net Carrying Value Of Ms Rs
NetCarryingValueOfMSRs
9859000
pfc Net Carrying Value Of Ms Rs
NetCarryingValueOfMSRs
13477000
pfc Net Carrying Value Of Ms Rs
NetCarryingValueOfMSRs
9859000
CY2020Q3 pfc Fair Value Of Msrs
FairValueOfMsrs
13477000
CY2019Q3 pfc Fair Value Of Msrs
FairValueOfMsrs
9859000
pfc Fair Value Of Msrs
FairValueOfMsrs
13477000
pfc Fair Value Of Msrs
FairValueOfMsrs
9859000
CY2019Q4 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
43000
CY2020Q3 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
43000
CY2020Q3 pfc Secondary Market Buy Back Activity Expenses Credit
SecondaryMarketBuyBackActivityExpensesCredit
0
CY2019Q3 pfc Secondary Market Buy Back Activity Expenses Credit
SecondaryMarketBuyBackActivityExpensesCredit
0
pfc Secondary Market Buy Back Activity Expenses Credit
SecondaryMarketBuyBackActivityExpensesCredit
0
pfc Secondary Market Buy Back Activity Expenses Credit
SecondaryMarketBuyBackActivityExpensesCredit
0
us-gaap Lessee Operating Lease Option To Extend
LesseeOperatingLeaseOptionToExtend
five and ten year
CY2020Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P15Y1M6D
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P17Y25D
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OperatingLeaseWeightedAverageDiscountRatePercent
0.0259
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OperatingLeaseWeightedAverageDiscountRatePercent
0.0317
CY2020Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
615000
us-gaap Operating Lease Cost
OperatingLeaseCost
1700000
CY2019Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
233000
us-gaap Operating Lease Cost
OperatingLeaseCost
708000
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OperatingLeaseRightOfUseAsset
17400000
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OperatingLeaseRightOfUseAsset
8900000
CY2020Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
18300000
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
9500000
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
620000
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
2298000
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1944000
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1539000
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1312000
CY2020Q3 pfc Lessee Operating Lease Liability Payments Due After Year Four
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour
14911000
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
22624000
CY2020Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
4351000
CY2020Q3 us-gaap Noninterest Bearing Domestic Deposit Checking
NoninterestBearingDomesticDepositChecking
1436807000
CY2019Q4 us-gaap Noninterest Bearing Domestic Deposit Checking
NoninterestBearingDomesticDepositChecking
630359000
CY2020Q3 us-gaap Interest Bearing Domestic Deposit Money Market
InterestBearingDomesticDepositMoneyMarket
2511263000
CY2019Q4 us-gaap Interest Bearing Domestic Deposit Money Market
InterestBearingDomesticDepositMoneyMarket
1198012000
CY2020Q3 pfc Savings Accounts Net
SavingsAccountsNet
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SavingsAccountsNet
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CY2020Q3 us-gaap Time Deposits Less Than100000
TimeDepositsLessThan100000
975658000
CY2019Q4 us-gaap Time Deposits Less Than100000
TimeDepositsLessThan100000
631253000
CY2020Q3 us-gaap Time Deposits100000 Or More
TimeDeposits100000OrMore
197675000
CY2019Q4 us-gaap Time Deposits100000 Or More
TimeDeposits100000OrMore
107535000
CY2020Q3 us-gaap Deposits
Deposits
5795757000
CY2019Q4 us-gaap Deposits
Deposits
2870325000
CY2019Q4 us-gaap Federal Home Loan Bank Advances Fixed Rate
FederalHomeLoanBankAdvancesFixedRate
83999000
CY2019Q4 pfc Amortizable Mortgage Advances
AmortizableMortgageAdvances
1085000
CY2020Q3 pfc Overnight Advances
OvernightAdvances
30000000
CY2019Q4 us-gaap Federal Home Loan Bank Advances Valuation Adjustments Under Fair Value Option
FederalHomeLoanBankAdvancesValuationAdjustmentsUnderFairValueOption
21000
CY2020Q3 us-gaap Advances From Federal Home Loan Banks
AdvancesFromFederalHomeLoanBanks
30000000
CY2019Q4 us-gaap Advances From Federal Home Loan Banks
AdvancesFromFederalHomeLoanBanks
85063000
CY2020Q3 us-gaap Junior Subordinated Debenture Owed To Unconsolidated Subsidiary Trust
JuniorSubordinatedDebentureOwedToUnconsolidatedSubsidiaryTrust
36083000
CY2019Q4 us-gaap Junior Subordinated Debenture Owed To Unconsolidated Subsidiary Trust
JuniorSubordinatedDebentureOwedToUnconsolidatedSubsidiaryTrust
36083000
CY2020Q3 pfc Subordinated Debt And Obligations
SubordinatedDebtAndObligations
48735000
CY2020Q3 us-gaap Repayments Of Subordinated Debt
RepaymentsOfSubordinatedDebt
35000000.0
pfc Period For Interest Deferral On Trust Preferred Securities
PeriodForInterestDeferralOnTrustPreferredSecurities
P5Y
CY2020Q3 pfc Commitments To Make Loans
CommitmentsToMakeLoans
406881000
CY2019Q4 pfc Commitments To Make Loans
CommitmentsToMakeLoans
178811000
CY2020Q3 pfc Unused Lines Of Credit
UnusedLinesOfCredit
927806000
CY2019Q4 pfc Unused Lines Of Credit
UnusedLinesOfCredit
433109000
CY2020Q3 pfc Standby Letters Of Credit
StandbyLettersOfCredit
19429000
CY2019Q4 pfc Standby Letters Of Credit
StandbyLettersOfCredit
14215000
CY2020Q3 pfc Obligation To Extend Credit For Loan Commitments And Standby Letters Of Credit Outstanding
ObligationToExtendCreditForLoanCommitmentsAndStandbyLettersOfCreditOutstanding
1354116000
CY2019Q4 pfc Obligation To Extend Credit For Loan Commitments And Standby Letters Of Credit Outstanding
ObligationToExtendCreditForLoanCommitmentsAndStandbyLettersOfCreditOutstanding
626135000
pfc Loan Commitments Maturities Range Description
LoanCommitmentsMaturitiesRangeDescription
60 days or less
CY2020Q3 us-gaap Interest Rate Derivative Instruments Not Designated As Hedging Instruments At Fair Value Net
InterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAtFairValueNet
198700000
CY2020Q3 us-gaap Derivative Asset Notional Amount
DerivativeAssetNotionalAmount
317000000.0
CY2019Q4 us-gaap Interest Rate Derivative Instruments Not Designated As Hedging Instruments At Fair Value Net
InterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAtFairValueNet
17000000.0
CY2019Q4 us-gaap Derivative Asset Notional Amount
DerivativeAssetNotionalAmount
34400000
CY2020Q3 pfc Derivative Assets Carrying Value
DerivativeAssetsCarryingValue
7913000
CY2020Q3 pfc Derivative Assets Liabilities At Carrying Value Net
DerivativeAssetsLiabilitiesAtCarryingValueNet
7913000
CY2019Q4 pfc Derivative Assets Carrying Value
DerivativeAssetsCarryingValue
883000
CY2019Q4 pfc Derivative Liabilities Carrying Value
DerivativeLiabilitiesCarryingValue
-9000
CY2019Q4 pfc Derivative Assets Liabilities At Carrying Value Net
DerivativeAssetsLiabilitiesAtCarryingValueNet
892000
CY2020Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
720000
CY2020Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-150000
CY2020Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
570000
CY2020Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
1466000
CY2020Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
-308000
CY2020Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
1158000
CY2020Q3 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
-746000
CY2020Q3 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
158000
CY2020Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-588000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
13338000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-2800000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
10538000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
1464000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
-307000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
1157000
us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
11874000
us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
-2493000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
9381000
CY2019Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
1192000
CY2019Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-249000
CY2019Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
943000
CY2019Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
11000
CY2019Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
-2000
CY2019Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
9000
CY2019Q3 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
1181000
CY2019Q3 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
-247000
CY2019Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
934000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
9084000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-1908000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
7176000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
11000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
-2000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
9000
pfc Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Amortization And Deferral Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetAmortizationAndDeferralTax
-82000
pfc Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Amortization And Deferral Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetAmortizationAndDeferralNetOfTax
-82000
us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
9073000
us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
-1824000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
7249000
CY2019Q4 us-gaap Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
4839000
CY2019Q4 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
244000
CY2019Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
4595000
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsNetOfTax
10538000
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
10538000
us-gaap Other Comprehensive Income Loss Available For Sale Securities Before Reclassification Adjustments Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesBeforeReclassificationAdjustmentsTax
1157000
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
1157000
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
9381000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
9381000
CY2020Q3 us-gaap Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
14220000
CY2020Q3 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
244000
CY2020Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
13976000
CY2018Q4 us-gaap Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-2057000
CY2018Q4 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
91000
CY2018Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-2148000
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsNetOfTax
7176000
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
7176000
us-gaap Other Comprehensive Income Loss Available For Sale Securities Before Reclassification Adjustments Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesBeforeReclassificationAdjustmentsTax
9000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax
-82000
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-73000
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
7167000
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
82000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
7249000
CY2019Q3 us-gaap Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
5110000
CY2019Q3 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
9000
CY2019Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
5101000
pfc Number Of Entities For Merger
NumberOfEntitiesForMerger
2
us-gaap Noncash Merger Related Costs
NoncashMergerRelatedCosts
17300000
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
25900000

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