$PFC
PREMIER FINANCIAL CORP

2021 Q1 Form 10-Q Financial Statement

#000156459021024848 Filed on May 06, 2021

View on sec.gov

Income Statement

Concept 2021 Q1 2020 Q1
Revenue $61.37M $54.52M
YoY Change 12.56% 60.74%
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 $1.647M $1.631M
YoY Change 0.98% 58.2%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $4.859M $9.059M
YoY Change -46.36% 60.36%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $50.95M -$28.09M
YoY Change -281.35% -300.59%
Income Tax $9.952M -$5.610M
% Of Pretax Income 19.53%
Net Earnings $41.00M -$22.48M
YoY Change -282.34% -295.81%
Net Earnings / Revenue 66.8% -41.24%
Basic Earnings Per Share $1.10 -$0.71
Diluted Earnings Per Share $1.10 -$0.71
COMMON SHARES
Basic Shares Outstanding 37.29M 31.67M
Diluted Shares Outstanding

Balance Sheet

Concept 2021 Q1 2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $679.4M
YoY Change 64.54%
Cash & Equivalents $303.7M $145.2M
Short-Term Investments $534.2M
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $74.30M $77.60M
YoY Change -4.25% 91.97%
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 $7.531B $6.539B
YoY Change 15.16% 102.99%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $17.70M $18.20M
YoY Change -2.75% 97.83%
Deferred Revenue
YoY Change
Short-Term Debt $5.900M $2.000M
YoY Change 195.0% -42.86%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $17.70M $18.20M
YoY Change -2.75% 97.83%
LONG-TERM LIABILITIES
Long-Term Debt $84.90M $36.10M
YoY Change 135.18% 0.0%
Other Long-Term Liabilities $71.90M $82.10M
YoY Change -12.42% 138.66%
Total Long-Term Liabilities $156.8M $118.2M
YoY Change 32.66% 67.66%
TOTAL LIABILITIES
Total Short-Term Liabilities $17.70M $18.20M
Total Long-Term Liabilities $156.8M $118.2M
Total Liabilities $6.532B $5.622B
YoY Change 16.19% 98.98%
SHAREHOLDERS EQUITY
Retained Earnings $388.5M $295.5M
YoY Change 31.48% -2.58%
Common Stock $306.0K $306.0K
YoY Change 0.0% 140.94%
Preferred Stock
YoY Change
Treasury Stock (at cost) $79.83M $78.99M
YoY Change 1.06% 12.83%
Treasury Stock Shares $6.012M
Shareholders Equity $998.2M $916.8M
YoY Change
Total Liabilities & Shareholders Equity $7.530B $6.539B
YoY Change 15.16% 102.99%

Cashflow Statement

Concept 2021 Q1 2020 Q1
OPERATING ACTIVITIES
Net Income $41.00M -$22.48M
YoY Change -282.34% -295.81%
Depreciation, Depletion And Amortization $1.647M $1.631M
YoY Change 0.98% 58.2%
Cash From Operating Activities $24.34M $13.36M
YoY Change 82.19% 37.87%
INVESTING ACTIVITIES
Capital Expenditures $120.0K $722.0K
YoY Change -83.38% -8.95%
Acquisitions
YoY Change
Other Investing Activities -$173.3M -$33.60M
YoY Change 415.77% 290.7%
Cash From Investing Activities -$173.4M -$34.37M
YoY Change 404.43% 267.24%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $1.078M $10.08M
YoY Change -89.3% -33.33%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 293.5M 34.97M
YoY Change 739.27% 164.48%
NET CHANGE
Cash From Operating Activities 24.34M 13.36M
Cash From Investing Activities -173.4M -34.37M
Cash From Financing Activities 293.5M 34.97M
Net Change In Cash 144.5M 13.96M
YoY Change 934.74% 3.01%
FREE CASH FLOW
Cash From Operating Activities $24.34M $13.36M
Capital Expenditures $120.0K $722.0K
Free Cash Flow $24.22M $12.64M
YoY Change 91.65% 42.04%

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CY2020Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
10078000
CY2020Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
8286000
CY2020Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
34972000
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
13963000
CY2020Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
145217000
CY2020Q1 us-gaap Interest Paid Net
InterestPaidNet
9028000
CY2021Q1 pfc Initial Recognition Of Right Of Use Asset
InitialRecognitionOfRightOfUseAsset
500000
CY2020Q1 pfc Initial Recognition Of Right Of Use Asset
InitialRecognitionOfRightOfUseAsset
8994000
CY2021Q1 pfc Initial Recognition Of Lease Liability
InitialRecognitionOfLeaseLiability
500000
CY2020Q1 pfc Initial Recognition Of Lease Liability
InitialRecognitionOfLeaseLiability
9143000
CY2020Q1 pfc Initial Recognition Of Cecl
InitialRecognitionOfCECL
2566000
CY2020Q1 us-gaap Transfer Of Portfolio Loans And Leases To Held For Sale1
TransferOfPortfolioLoansAndLeasesToHeldForSale1
37000
CY2021Q1 pfc Number Of Additional Subsidiaries Acquired
NumberOfAdditionalSubsidiariesAcquired
2
CY2021Q1 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 30 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).
CY2021Q1 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
12398000
CY2021Q1 pfc Mortgage Servicing Rights At Fair Value
MortgageServicingRightsAtFairValue
13868000
CY2020Q4 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
11752000
CY2020Q4 pfc Mortgage Servicing Rights At Fair Value
MortgageServicingRightsAtFairValue
13153000
CY2021Q1 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
12398000
CY2021Q1 us-gaap Fair Value Measurements Valuation Processes Description
FairValueMeasurementsValuationProcessesDescription
Appraisals which utilize sales comparison, net income and cost approach
CY2021Q1 pfc Fair Value Measurements Unobservable Inputs Description
FairValueMeasurementsUnobservableInputsDescription
Discounts for collection issues and changes in market conditions
CY2021Q1 pfc Fair Value Measurement Weighted Average Range
FairValueMeasurementWeightedAverageRange
0.1623
CY2020Q4 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
11752000
CY2020 us-gaap Fair Value Measurements Valuation Processes Description
FairValueMeasurementsValuationProcessesDescription
Appraisals which utilize sales comparison, net income and cost approach
CY2020 pfc Fair Value Measurements Unobservable Inputs Description
FairValueMeasurementsUnobservableInputsDescription
Discounts for collection issues and changes in market conditions
CY2020Q4 pfc Fair Value Measurement Weighted Average Range
FairValueMeasurementWeightedAverageRange
0.2417
CY2021Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
303747000
CY2021Q1 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
303747000
CY2021Q1 pfc Securities Available For Sale At Carrying Value
SecuritiesAvailableForSaleAtCarryingValue
918590000
CY2021Q1 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
918590000
CY2021Q1 pfc Equity Securities Carrying Value
EquitySecuritiesCarryingValue
13753000
CY2021Q1 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
13753000
CY2021Q1 us-gaap Federal Home Loan Bank Stock
FederalHomeLoanBankStock
9328000
CY2021Q1 pfc Loans Receivable Net Carrying Value
LoansReceivableNetCarryingValue
5384929000
CY2021Q1 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
5428651000
CY2021Q1 pfc Loans Held For Sale At Carrying Value
LoansHeldForSaleAtCarryingValue
215945000
CY2021Q1 us-gaap Loans Held For Sale Fair Value Disclosure
LoansHeldForSaleFairValueDisclosure
215945000
CY2021Q1 us-gaap Deposits Savings Deposits
DepositsSavingsDeposits
6351919000
CY2021Q1 us-gaap Deposits Fair Value Disclosure
DepositsFairValueDisclosure
6358858000
CY2021Q1 us-gaap Subordinated Debt
SubordinatedDebt
84881000
CY2021Q1 us-gaap Fair Value Liabilities Measured On Recurring Basis Subordinated Debt Obligations
FairValueLiabilitiesMeasuredOnRecurringBasisSubordinatedDebtObligations
83707000
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
159266000
CY2020Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
159266000
CY2020Q4 pfc Securities Available For Sale At Carrying Value
SecuritiesAvailableForSaleAtCarryingValue
736654000
CY2020Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
736654000
CY2020Q4 pfc Equity Securities Carrying Value
EquitySecuritiesCarryingValue
1090000
CY2020Q4 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
1090000
CY2020Q4 us-gaap Federal Home Loan Bank Stock
FederalHomeLoanBankStock
16026000
CY2020Q4 pfc Loans Receivable Net Carrying Value
LoansReceivableNetCarryingValue
5409161000
CY2020Q4 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
5412814000
CY2020Q4 pfc Loans Held For Sale At Carrying Value
LoansHeldForSaleAtCarryingValue
221616000
CY2020Q4 us-gaap Loans Held For Sale Fair Value Disclosure
LoansHeldForSaleFairValueDisclosure
221616000
CY2020Q4 us-gaap Deposits Savings Deposits
DepositsSavingsDeposits
6047841000
CY2020Q4 us-gaap Deposits Fair Value Disclosure
DepositsFairValueDisclosure
6056426000
CY2020Q4 us-gaap Subordinated Debt
SubordinatedDebt
84860000
CY2020Q4 us-gaap Fair Value Liabilities Measured On Recurring Basis Subordinated Debt Obligations
FairValueLiabilitiesMeasuredOnRecurringBasisSubordinatedDebtObligations
83237000
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
35661
CY2021Q1 pfc Share Based Compensation Arrangement By Share Based Payment Award Conversion Of Outstanding Stock Options
ShareBasedCompensationArrangementByShareBasedPaymentAwardConversionOfOutstandingStockOptions
39983
CY2021Q1 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.
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
36261
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
21.59
CY2021Q1 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
600
CY2021Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
13.80
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
35661
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
21.72
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
411000
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
35661
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
21.72
CY2021Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
411000
CY2021Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
8000
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
11000
CY2021Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1000000.0
CY2020Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1000000.0
CY2021Q1 pfc Compensation Expense Maximum
CompensationExpenseMaximum
4900000
CY2021Q1 pfc Estimated Compensation Expense Excepted
EstimatedCompensationExpenseExcepted
3300000
CY2021Q1 pfc Unrecognized Compensation Expense
UnrecognizedCompensationExpense
2400000
CY2021Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.24
CY2021Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.24
CY2020Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.22
CY2020Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.22
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
40996000
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
-22482000
CY2021Q1 pfc Income Allocated To Participating Securities
IncomeAllocatedToParticipatingSecurities
-43000
CY2020Q1 pfc Income Allocated To Participating Securities
IncomeAllocatedToParticipatingSecurities
39000
CY2021Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
40953000
CY2020Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-22443000
CY2021Q1 pfc Weighted Average Number Of Shares Outstanding Basic Including Participating Securities
WeightedAverageNumberOfSharesOutstandingBasicIncludingParticipatingSecurities
37332000
CY2020Q1 pfc Weighted Average Number Of Shares Outstanding Basic Including Participating Securities
WeightedAverageNumberOfSharesOutstandingBasicIncludingParticipatingSecurities
31721000
CY2021Q1 pfc Weighted Average Number Of Shares Outstanding Basic Participating Securities
WeightedAverageNumberOfSharesOutstandingBasicParticipatingSecurities
39000
CY2020Q1 pfc Weighted Average Number Of Shares Outstanding Basic Participating Securities
WeightedAverageNumberOfSharesOutstandingBasicParticipatingSecurities
55000
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
37293000
CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
31666000
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.10
CY2020Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.71
CY2021Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
40953000
CY2020Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-22443000
CY2021Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
37293000
CY2020Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
31666000
CY2021Q1 us-gaap Weighted Average Number Of Shares Employee Stock Ownership Plan Shares Not Committed To Be Released
WeightedAverageNumberOfSharesEmployeeStockOwnershipPlanSharesNotCommittedToBeReleased
64000
CY2021Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
37357000
CY2020Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
31666000
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.10
CY2020Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.71
CY2021Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0
CY2020Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0
CY2021Q1 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
919126000
CY2021Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
12339000
CY2021Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
12875000
CY2021Q1 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
918590000
CY2020Q1 us-gaap Business Combination Acquired Receivables Fair Value
BusinessCombinationAcquiredReceivablesFairValue
262800000
CY2020Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
717562000
CY2020Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
19939000
CY2020Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
847000
CY2020Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
736654000
CY2021Q1 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
5853000
CY2021Q1 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
5869000
CY2021Q1 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
29787000
CY2021Q1 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
30284000
CY2021Q1 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
93585000
CY2021Q1 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
95386000
CY2021Q1 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
245435000
CY2021Q1 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
241889000
CY2021Q1 us-gaap Available For Sale Securities Debt Maturities Without Single Maturity Date Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost
544466000
CY2021Q1 us-gaap Available For Sale Securities Debt Maturities Without Single Maturity Date Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue
545162000
CY2021Q1 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
919126000
CY2021Q1 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
918590000
CY2021Q1 pfc Security Owned And Pledged As Collateral Carrying Value
SecurityOwnedAndPledgedAsCollateralCarryingValue
388900000
CY2021Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
421783000
CY2021Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
12816000
CY2021Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
2528000
CY2021Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
59000
CY2021Q1 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
424311000
CY2021Q1 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
12875000
CY2020Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
103226000
CY2020Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
847000
CY2020Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
103226000
CY2020Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
847000
CY2021Q1 us-gaap Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
516000
CY2020Q1 us-gaap Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
0
CY2021Q1 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
1600000
CY2020Q1 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
0
CY2021Q1 pfc Loans And Leases Receivable Consumer And Commercial Real Estate Gross
LoansAndLeasesReceivableConsumerAndCommercialRealEstateGross
4319816000
CY2020Q4 pfc Loans And Leases Receivable Consumer And Commercial Real Estate Gross
LoansAndLeasesReceivableConsumerAndCommercialRealEstateGross
4251701000
CY2021Q1 us-gaap Loans And Leases Receivable Before Fees Gross
LoansAndLeasesReceivableBeforeFeesGross
5868029000
CY2020Q4 us-gaap Loans And Leases Receivable Before Fees Gross
LoansAndLeasesReceivableBeforeFeesGross
5847484000
CY2021Q1 us-gaap Loans And Leases Receivable Loans In Process
LoansAndLeasesReceivableLoansInProcess
405983000
CY2020Q4 us-gaap Loans And Leases Receivable Loans In Process
LoansAndLeasesReceivableLoansInProcess
355065000
CY2021Q1 us-gaap Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
2363000
CY2020Q4 us-gaap Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
1179000
CY2021Q1 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
74754000
CY2020Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
82079000
CY2021Q1 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
5384929000
CY2020Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
5409161000
CY2021Q1 pfc Cash Paid For Paycheck Protection Program
CashPaidForPaycheckProtectionProgram
600000000
CY2020Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
82079000
CY2021Q1 us-gaap Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
109000
CY2021Q1 us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
298000
CY2021Q1 us-gaap Allowance For Loan And Lease Losses Period Increase Decrease
AllowanceForLoanAndLeaseLossesPeriodIncreaseDecrease
-7514000
CY2021Q1 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
74754000
CY2019Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
31243000
CY2020Q1 us-gaap Prior Period Reclassification Adjustment
PriorPeriodReclassificationAdjustment
2354000
CY2020Q1 pfc Allowance For Loan And Lease Losses Acquisition Related Allowance For Credit Loss Purchased With Credit Deterioration
AllowanceForLoanAndLeaseLossesAcquisitionRelatedAllowanceForCreditLossPurchasedWithCreditDeterioration
7698000
CY2020Q1 us-gaap Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
434000
CY2020Q1 us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
1212000
CY2020Q1 us-gaap Allowance For Loan And Lease Losses Period Increase Decrease
AllowanceForLoanAndLeaseLossesPeriodIncreaseDecrease
43786000
CY2020Q1 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
85859000
CY2021Q1 pfc Non Performing Loans Non Accrual Loans With Reserve
NonPerformingLoansNonAccrualLoansWithReserve
35835000
CY2020Q4 pfc Non Performing Loans Non Accrual Loans With Reserve
NonPerformingLoansNonAccrualLoansWithReserve
35234000
CY2021Q1 pfc Non Performing Loans Non Accrual Loans Without Reserve
NonPerformingLoansNonAccrualLoansWithoutReserve
13463000
CY2020Q4 pfc Non Performing Loans Non Accrual Loans Without Reserve
NonPerformingLoansNonAccrualLoansWithoutReserve
16448000
CY2021Q1 pfc Non Performing Loans Net
NonPerformingLoansNet
49298000
CY2020Q4 pfc Non Performing Loans Net
NonPerformingLoansNet
51682000
CY2021Q1 us-gaap Real Estate Assets Held For Development And Sale
RealEstateAssetsHeldForDevelopmentAndSale
54000
CY2020Q4 us-gaap Real Estate Assets Held For Development And Sale
RealEstateAssetsHeldForDevelopmentAndSale
343000
CY2021Q1 pfc Non Performing Assets Net
NonPerformingAssetsNet
49352000
CY2020Q4 pfc Non Performing Assets Net
NonPerformingAssetsNet
52025000
CY2021Q1 pfc Troubled Debt Restructuring Still Accruing
TroubledDebtRestructuringStillAccruing
6068000
CY2020Q4 pfc Troubled Debt Restructuring Still Accruing
TroubledDebtRestructuringStillAccruing
7173000
CY2021Q1 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
5421823000
CY2021Q1 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
37860000
CY2021Q1 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
49298000
CY2020Q4 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
5444355000
CY2020Q4 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
46885000
CY2020Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
51682000
CY2021Q1 us-gaap Notes Receivable Net
NotesReceivableNet
5459683000
CY2020Q4 us-gaap Notes Receivable Net
NotesReceivableNet
5491240000
CY2021Q1 us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
5640000
CY2020Q1 us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
4902000
CY2021Q1 us-gaap Fees And Commissions Mortgage Banking And Servicing
FeesAndCommissionsMortgageBankingAndServicing
1917000
CY2020Q1 us-gaap Fees And Commissions Mortgage Banking And Servicing
FeesAndCommissionsMortgageBankingAndServicing
1594000
CY2021Q1 us-gaap Amortization Of Mortgage Servicing Rights Ms Rs
AmortizationOfMortgageServicingRightsMSRs
2344000
CY2020Q1 us-gaap Amortization Of Mortgage Servicing Rights Ms Rs
AmortizationOfMortgageServicingRightsMSRs
1163000
CY2021Q1 pfc Mortgage Servicing Rights Valuation Adjustments
MortgageServicingRightsValuationAdjustments
5320000
CY2020Q1 pfc Mortgage Servicing Rights Valuation Adjustments
MortgageServicingRightsValuationAdjustments
-4485000
CY2021Q1 pfc Mortgage Loans Servicing Revenue Expense
MortgageLoansServicingRevenueExpense
4893000
CY2020Q1 pfc Mortgage Loans Servicing Revenue Expense
MortgageLoansServicingRevenueExpense
-4054000
CY2021Q1 pfc Net Revenue From Sale And Servicing Of Mortgage Loans
NetRevenueFromSaleAndServicingOfMortgageLoans
10533000
CY2020Q1 pfc Net Revenue From Sale And Servicing Of Mortgage Loans
NetRevenueFromSaleAndServicingOfMortgageLoans
848000
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P15Y1M2D
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1638000
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1259000
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13761000
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due
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21854000
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4132000
CY2021Q1 us-gaap Operating Lease Liability
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17722000
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912006000
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CY2021Q1 us-gaap Deposits
Deposits
6351919000
CY2020Q4 us-gaap Deposits
Deposits
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CY2021Q1 us-gaap Advances From Federal Home Loan Banks
AdvancesFromFederalHomeLoanBanks
0
CY2020Q4 us-gaap Advances From Federal Home Loan Banks
AdvancesFromFederalHomeLoanBanks
0
CY2021Q1 us-gaap Junior Subordinated Debenture Owed To Unconsolidated Subsidiary Trust
JuniorSubordinatedDebentureOwedToUnconsolidatedSubsidiaryTrust
36083000
CY2020Q4 us-gaap Junior Subordinated Debenture Owed To Unconsolidated Subsidiary Trust
JuniorSubordinatedDebentureOwedToUnconsolidatedSubsidiaryTrust
36083000
CY2021Q1 pfc Subordinated Debt And Obligations
SubordinatedDebtAndObligations
48798000
CY2020Q4 pfc Subordinated Debt And Obligations
SubordinatedDebtAndObligations
48777000
CY2021Q1 pfc Period For Interest Deferral On Trust Preferred Securities
PeriodForInterestDeferralOnTrustPreferredSecurities
P5Y
CY2021Q1 pfc Commitments To Make Loans
CommitmentsToMakeLoans
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CY2020Q4 pfc Commitments To Make Loans
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927333000
CY2020Q4 pfc Unused Lines Of Credit
UnusedLinesOfCredit
918470000
CY2021Q1 pfc Standby Letters Of Credit
StandbyLettersOfCredit
23268000
CY2020Q4 pfc Standby Letters Of Credit
StandbyLettersOfCredit
22250000
CY2021Q1 pfc Obligation To Extend Credit For Loan Commitments And Standby Letters Of Credit Outstanding
ObligationToExtendCreditForLoanCommitmentsAndStandbyLettersOfCreditOutstanding
1724226000
CY2020Q4 pfc Obligation To Extend Credit For Loan Commitments And Standby Letters Of Credit Outstanding
ObligationToExtendCreditForLoanCommitmentsAndStandbyLettersOfCreditOutstanding
1642823000
CY2021Q1 pfc Loan Commitments Maturities Range Description
LoanCommitmentsMaturitiesRangeDescription
60 days or less
CY2021Q1 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
6362000
CY2020Q1 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-5140000
CY2021Q1 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
163000
CY2020Q1 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
75000
CY2021Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
3427000
CY2020Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-545000
CY2021Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
9952000
CY2020Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2021Q1 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2021Q1 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
10699000
CY2020Q1 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-5899000
CY2021Q1 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
128000
CY2020Q1 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
59000
CY2021Q1 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
200000
CY2020Q1 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
198000
CY2021Q1 us-gaap Income Tax Reconciliation Nondeductible Expense Life Insurance
IncomeTaxReconciliationNondeductibleExpenseLifeInsurance
245000
CY2020Q1 us-gaap Income Tax Reconciliation Nondeductible Expense Life Insurance
IncomeTaxReconciliationNondeductibleExpenseLifeInsurance
164000
CY2021Q1 pfc Income Tax Rate Reconciliation Captive Insurance
IncomeTaxRateReconciliationCaptiveInsurance
90000
CY2020Q1 pfc Income Tax Rate Reconciliation Captive Insurance
IncomeTaxRateReconciliationCaptiveInsurance
92000
CY2021Q1 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-340000
CY2020Q1 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
684000
CY2021Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
9952000
CY2020Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-5610000
CY2021Q1 us-gaap Interest Rate Derivative Instruments Not Designated As Hedging Instruments At Fair Value Net
InterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAtFairValueNet
133800000
CY2021Q1 us-gaap Derivative Asset Notional Amount
DerivativeAssetNotionalAmount
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CY2020Q4 us-gaap Interest Rate Derivative Instruments Not Designated As Hedging Instruments At Fair Value Net
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135700000
CY2020Q4 us-gaap Derivative Asset Notional Amount
DerivativeAssetNotionalAmount
265000000.0
CY2021Q1 pfc Derivative Assets Carrying Value
DerivativeAssetsCarryingValue
7957000
CY2020Q4 pfc Derivative Assets Carrying Value
DerivativeAssetsCarryingValue
3833000
CY2021Q1 us-gaap Gain Loss On Price Risk Derivative Instruments Not Designated As Hedging Instruments
GainLossOnPriceRiskDerivativeInstrumentsNotDesignatedAsHedgingInstruments
4124000
CY2020Q1 us-gaap Gain Loss On Price Risk Derivative Instruments Not Designated As Hedging Instruments
GainLossOnPriceRiskDerivativeInstrumentsNotDesignatedAsHedgingInstruments
471000
CY2021Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-19112000
CY2021Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
4014000
CY2021Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-15098000
CY2021Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
516000
CY2021Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
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CY2021Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
408000
CY2021Q1 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
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CY2021Q1 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
4122000
CY2021Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
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CY2020Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
9458000
CY2020Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
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CY2020Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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CY2020Q1 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
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CY2020Q1 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
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CY2020Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
7473000
CY2020Q4 us-gaap Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
15083000
CY2020Q4 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
79000
CY2020Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
15004000
CY2021Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsNetOfTax
-15098000
CY2021Q1 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-15098000
CY2021Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Before Reclassification Adjustments Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesBeforeReclassificationAdjustmentsTax
408000
CY2021Q1 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
408000
CY2021Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-15506000
CY2021Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-15506000
CY2021Q1 us-gaap Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-423000
CY2021Q1 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
79000
CY2021Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-502000
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
CY2020Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsNetOfTax
7473000
CY2020Q1 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
7473000
CY2020Q1 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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0
CY2020Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
7473000
CY2020Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
7473000
CY2020Q1 us-gaap Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
12312000
CY2020Q1 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
244000
CY2020Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
12068000
CY2021Q1 pfc Number Of Entities For Merger
NumberOfEntitiesForMerger
2

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