$SBT
Sterling Bancorp Inc

2022 Q3 Form 10-Q Financial Statement

#000110465922091317 Filed on August 15, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2022 Q1
Revenue $24.85M $22.89M $24.92M
YoY Change -11.19% -25.41% -22.0%
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 $375.0K $396.0K $391.0K
YoY Change -36.44% -1.0% -4.63%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $5.306M $3.420M $3.646M
YoY Change -0.62% -51.75% -58.19%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $1.918M $1.130M $7.549M
YoY Change -85.49% -78.23% 144.86%
Income Tax $742.0K $3.327M $2.289M
% Of Pretax Income 38.69% 294.42% 30.32%
Net Earnings $1.176M -$2.197M $5.260M
YoY Change -87.69% -163.64% 126.24%
Net Earnings / Revenue 4.73% -9.6% 21.11%
Basic Earnings Per Share $0.02 -$0.04 $0.10
Diluted Earnings Per Share $23.25K -$0.04 $0.10
COMMON SHARES
Basic Shares Outstanding 50.82M 50.39M 50.19M
Diluted Shares Outstanding 50.57M 50.39M 50.41M

Balance Sheet

Concept 2022 Q3 2022 Q2 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $705.6M $667.5M $851.1M
YoY Change -13.32% -31.22% -24.87%
Cash & Equivalents $352.4M $285.2M $486.7M
Short-Term Investments $353.2M $382.3M $364.4M
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $22.05M $6.848M $7.144M
YoY Change 146.92% -27.33% -21.36%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $23.91M $22.03M $20.87M
YoY Change 2.17% -7.05% -13.42%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $2.448B $2.504B $2.809B
YoY Change -22.02% -26.73% -23.95%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $52.00M $48.93M $52.23M
YoY Change -42.54% -49.4% -47.51%
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $52.00M $48.93M $52.23M
YoY Change -42.54% -49.4% -47.51%
LONG-TERM LIABILITIES
Long-Term Debt $65.29M $65.31M $65.33M
YoY Change -0.17% -0.14% -0.11%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $65.29M $65.31M $65.33M
YoY Change -0.17% -52.95% -54.44%
TOTAL LIABILITIES
Total Short-Term Liabilities $52.00M $48.93M $52.23M
Total Long-Term Liabilities $65.29M $65.31M $65.33M
Total Liabilities $2.118B $2.168B $2.468B
YoY Change -24.41% -29.83% -26.82%
SHAREHOLDERS EQUITY
Retained Earnings $252.5M $251.3M $253.5M
YoY Change 5.12% 8.97% 11.59%
Common Stock $97.86M $97.61M $96.34M
YoY Change 1.77% 1.72% 608.25%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $329.6M $335.3M $341.4M
YoY Change
Total Liabilities & Shareholders Equity $2.448B $2.504B $2.809B
YoY Change -22.02% -26.73% -23.95%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2022 Q1
OPERATING ACTIVITIES
Net Income $1.176M -$2.197M $5.260M
YoY Change -87.69% -163.64% 126.24%
Depreciation, Depletion And Amortization $375.0K $396.0K $391.0K
YoY Change -36.44% -1.0% -4.63%
Cash From Operating Activities $1.884M $4.449M $1.198M
YoY Change -85.08% -53.94% -58.85%
INVESTING ACTIVITIES
Capital Expenditures -$112.0K -$100.0K $114.0K
YoY Change -79.64% -87.34% -88.38%
Acquisitions
YoY Change
Other Investing Activities $118.7M $90.11M $135.6M
YoY Change 162.16% -46.98% 53.1%
Cash From Investing Activities $118.6M $90.01M $135.5M
YoY Change 165.14% -46.8% 54.68%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -53.24M -296.0M -61.65M
YoY Change -76.06% 6.65% -71.43%
NET CHANGE
Cash From Operating Activities 1.884M 4.449M 1.198M
Cash From Investing Activities 118.6M 90.01M 135.5M
Cash From Financing Activities -53.24M -296.0M -61.65M
Net Change In Cash 67.24M -201.6M 75.07M
YoY Change -140.74% 104.15% -159.92%
FREE CASH FLOW
Cash From Operating Activities $1.884M $4.449M $1.198M
Capital Expenditures -$112.0K -$100.0K $114.0K
Free Cash Flow $1.996M $4.549M $1.084M
YoY Change -84.86% -56.47% -43.83%

Facts In Submission

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InformationTechnologyAndDataProcessing
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CY2021Q2 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
440000
us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
1567000
us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
786000
CY2022Q2 sbt Recovery Of Mortgage Repurchase Liability
RecoveryOfMortgageRepurchaseLiability
-312000
CY2021Q2 sbt Recovery Of Mortgage Repurchase Liability
RecoveryOfMortgageRepurchaseLiability
-512000
sbt Recovery Of Mortgage Repurchase Liability
RecoveryOfMortgageRepurchaseLiability
-525000
sbt Recovery Of Mortgage Repurchase Liability
RecoveryOfMortgageRepurchaseLiability
-665000
CY2022Q2 us-gaap Other Noninterest Expense
OtherNoninterestExpense
3876000
CY2021Q2 us-gaap Other Noninterest Expense
OtherNoninterestExpense
2868000
us-gaap Other Noninterest Expense
OtherNoninterestExpense
5422000
us-gaap Other Noninterest Expense
OtherNoninterestExpense
4491000
CY2022Q2 us-gaap Noninterest Expense
NoninterestExpense
19494000
CY2021Q2 us-gaap Noninterest Expense
NoninterestExpense
19944000
us-gaap Noninterest Expense
NoninterestExpense
38917000
us-gaap Noninterest Expense
NoninterestExpense
41278000
CY2022Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1130000
CY2021Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
5191000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
8679000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
8274000
CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3327000
CY2021Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1739000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5616000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2497000
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
-2197000
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
3452000
us-gaap Net Income Loss
NetIncomeLoss
3063000
us-gaap Net Income Loss
NetIncomeLoss
5777000
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.07
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.06
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.12
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
50386856
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
50009053
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
50289612
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
49930563
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
50386856
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
50060775
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
50496487
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
49987253
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
-2197000
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
3452000
us-gaap Net Income Loss
NetIncomeLoss
3063000
us-gaap Net Income Loss
NetIncomeLoss
5777000
CY2022Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-1950000
CY2021Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
51000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-4883000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
28000
CY2022Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-5142000
CY2021Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
131000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-12685000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
72000
CY2022Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-7339000
CY2021Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
3583000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-9622000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
5849000
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
319591000
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
2325000
CY2021Q1 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
46000
CY2021Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
105000
CY2021Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-59000
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
321916000
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
3452000
CY2021Q2 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
4.50
CY2021Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
1350000
CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
193000
CY2021Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
131000
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
327042000
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
343627000
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
5260000
CY2022Q1 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
84000
CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
146000
CY2022Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-7543000
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
341406000
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
-2197000
CY2022Q2 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
112000
CY2022Q2 us-gaap Stock Issued During Period Value Employee Benefit Plan
StockIssuedDuringPeriodValueEmployeeBenefitPlan
1138000
CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
239000
CY2022Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-5142000
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
335332000
us-gaap Profit Loss
ProfitLoss
3063000
us-gaap Profit Loss
ProfitLoss
5777000
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
-5398000
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
-2543000
us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-4281000
us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-549000
sbt Increase Decrease In Cash Surrender Value Of Bank Owned Life Insurance
IncreaseDecreaseInCashSurrenderValueOfBankOwnedLifeInsurance
271000
sbt Valuation Allowance Adjustments And Amortization Of Mortgage Servicing Rights
ValuationAllowanceAdjustmentsAndAmortizationOfMortgageServicingRights
280000
sbt Valuation Allowance Adjustments And Amortization Of Mortgage Servicing Rights
ValuationAllowanceAdjustmentsAndAmortizationOfMortgageServicingRights
2555000
us-gaap Share Based Compensation
ShareBasedCompensation
385000
us-gaap Share Based Compensation
ShareBasedCompensation
298000
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-35000
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
492000
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
-975000
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
-1330000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-2735000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-2862000
us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
-406000
us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
-75000
sbt Investment Securities Available For Sale Amortization And Accretion Net
InvestmentSecuritiesAvailableForSaleAmortizationAndAccretionNet
41000
sbt Investment Securities Available For Sale Amortization And Accretion Net
InvestmentSecuritiesAvailableForSaleAmortizationAndAccretionNet
-964000
sbt Depreciation And Amortization Of Leasehold Improvements And Equipment
DepreciationAndAmortizationOfLeaseholdImprovementsAndEquipment
787000
sbt Depreciation And Amortization Of Leasehold Improvements And Equipment
DepreciationAndAmortizationOfLeaseholdImprovementsAndEquipment
813000
sbt Payments For Origination Net Of Proceeds From Principal Payments Of Mortgage Loans Held For Sale
PaymentsForOriginationNetOfProceedsFromPrincipalPaymentsOfMortgageLoansHeldForSale
-2250000
sbt Payments For Origination Net Of Proceeds From Principal Payments Of Mortgage Loans Held For Sale
PaymentsForOriginationNetOfProceedsFromPrincipalPaymentsOfMortgageLoansHeldForSale
7599000
us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
1831000
us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
14904000
us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
200000
us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
468000
sbt Recovery Of Mortgage Repurchase Liability
RecoveryOfMortgageRepurchaseLiability
-525000
sbt Recovery Of Mortgage Repurchase Liability
RecoveryOfMortgageRepurchaseLiability
-665000
sbt Increase Decrease In Cash Surrender Value Of Bank Owned Life Insurance
IncreaseDecreaseInCashSurrenderValueOfBankOwnedLifeInsurance
240000
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-4907000
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
457000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
5647000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
19530000
sbt Proceeds From In Interest Bearing Deposits In Banks
ProceedsFromInInterestBearingDepositsInBanks
6216000
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
21904000
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
108045000
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
108267000
us-gaap Proceeds From Sale Of Federal Home Loan Bank Stock
ProceedsFromSaleOfFederalHomeLoanBankStock
2662000
sbt Payments For Origination Of Loans Held For Sale Net Of Repayments
PaymentsForOriginationOfLoansHeldForSaleNetOfRepayments
-268078000
sbt Payments For Origination Of Loans Held For Sale Net Of Repayments
PaymentsForOriginationOfLoansHeldForSaleNetOfRepayments
-316804000
sbt Payments For Purchase Of Portfolio Loans
PaymentsForPurchaseOfPortfolioLoans
31002000
sbt Payments For Purchase Of Portfolio Loans
PaymentsForPurchaseOfPortfolioLoans
172505000
sbt Principal Payments Received On Commercial Real Estate Loans Held For Sale
PrincipalPaymentsReceivedOnCommercialRealEstateLoansHeldForSale
2521000
us-gaap Proceeds From Sale Of Wholly Owned Real Estate And Real Estate Acquired In Settlement Of Loans
ProceedsFromSaleOfWhollyOwnedRealEstateAndRealEstateAcquiredInSettlementOfLoans
49610000
us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
20234000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
214000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1772000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
225526000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
256788000
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
-257488000
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
-501641000
us-gaap Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
100000000
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1350000
sbt Payments For Surrender Of Vested Shares Due To Employee Tax Liability
PaymentsForSurrenderOfVestedSharesDueToEmployeeTaxLiability
196000
sbt Payments For Surrender Of Vested Shares Due To Employee Tax Liability
PaymentsForSurrenderOfVestedSharesDueToEmployeeTaxLiability
46000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-357684000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-500337000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-126511000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-224019000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
411676000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
998497000
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
285165000
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
774478000
us-gaap Interest Paid Net
InterestPaidNet
7127000
us-gaap Interest Paid Net
InterestPaidNet
25432000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
457000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
2512000
us-gaap Stock Issued1
StockIssued1
1138000
sbt Number Of Branches
NumberOfBranches
28
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1
us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:0pt;margin:0pt 0pt 12pt 0pt;"><span style="font-style:italic;font-weight:bold;">Use of Estimates</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:18pt;margin:0pt 0pt 12pt 0pt;">The preparation of the condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting periods. Due to the inherent uncertainty involved in making estimates, actual results reported in the future periods may be based upon amounts that could differ from those estimates.</p>
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:0pt;margin:0pt 0pt 12pt 0pt;"><span style="font-style:italic;font-weight:bold;">Concentration of Credit Risk</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:18pt;margin:0pt 0pt 12pt 0pt;">The loan portfolio consists primarily of residential real estate loans, which are collateralized by real estate. At June 30, 2022 and December 31, 2021, residential real estate loans accounted for 85% and 83%, respectively, of total gross loans. In addition, most of these residential loans and other commercial loans have been made to individuals and businesses in the state of California, which are dependent on the area economy for their livelihoods and servicing of their loan obligation. At June 30, 2022 and December 31, 2021, approximately 84% and 85%, respectively, of gross loans was originated with respect to properties or businesses located in the state of California. </p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:18pt;margin:0pt 0pt 12pt 0pt;">In March 2020, the Bank permanently discontinued its Advantage Loan program. Loans originated under this program comprised a significant component of the Bank’s total loan originations. Advantage Loan Program loans (including residential real estate loans held for sale of $7,313 and $11,359 at June 30, 2022 and December 31, 2021, respectively, of which $3,999 and $8,671 were on nonaccrual status at June 30, 2022 and December 31, 2021, respectively) totaled $992,477 and $1,185,458, or 66% and 69% of gross residential loans, at June 30, 2022 and December 31, 2021, respectively. Refer to Note 16—Commitments and Contingencies.</p>
CY2022Q2 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
396306000
CY2022Q2 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
313000
CY2022Q2 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
19127000
CY2022Q2 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
377492000
CY2022Q2 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
287714000
CY2021Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
309903000
CY2021Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
720000
CY2021Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
1966000
CY2021Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
308657000
CY2022Q2 sbt Debt Securities Single Issuer Carrying Value Over Ten Percent Stock Holders Equity
DebtSecuritiesSingleIssuerCarryingValueOverTenPercentStockHoldersEquity
0
sbt Threshold Percentage Of Shareholders Equity For Securities Held Of Single Issuer
ThresholdPercentageOfShareholdersEquityForSecuritiesHeldOfSingleIssuer
0.10
CY2021 sbt Threshold Percentage Of Shareholders Equity For Securities Held Of Single Issuer
ThresholdPercentageOfShareholdersEquityForSecuritiesHeldOfSingleIssuer
0.10
CY2022Q2 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
396306000
CY2022Q2 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
377492000
CY2022Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
280480000
CY2022Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
17746000
CY2022Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
7234000
CY2022Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
1381000
CY2022Q2 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
19127000
CY2021Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
144097000
CY2021Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
1607000
CY2021Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
11345000
CY2021Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
359000
CY2021Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
155442000
CY2021Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
1966000
sbt Number Of Debt Securities Held In Portfolio
NumberOfDebtSecuritiesHeldInPortfolio
33
CY2022Q2 us-gaap Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
27
CY2022Q2 us-gaap Equity Securities Fv Ni And Without Readily Determinable Fair Value
EquitySecuritiesFvNiAndWithoutReadilyDeterminableFairValue
4817000
CY2021Q4 us-gaap Equity Securities Fv Ni And Without Readily Determinable Fair Value
EquitySecuritiesFvNiAndWithoutReadilyDeterminableFairValue
5222000
CY2022Q2 us-gaap Equity Securities Fv Ni Current And Noncurrent
EquitySecuritiesFvNiCurrentAndNoncurrent
4571000
CY2021Q4 us-gaap Equity Securities Fv Ni Current And Noncurrent
EquitySecuritiesFvNiCurrentAndNoncurrent
4976000
CY2022Q2 us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
-170000
CY2021Q2 us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
15000
us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
-406000
CY2021Q4 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
2012814000
CY2022Q2 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance
10770000
us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
-75000
CY2022Q2 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
-170000
CY2021Q2 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
15000
us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
-406000
us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
-75000
CY2022Q2 us-gaap Loans Held For Sale Fair Value Disclosure
LoansHeldForSaleFairValueDisclosure
8964000
CY2021Q4 us-gaap Loans Held For Sale Fair Value Disclosure
LoansHeldForSaleFairValueDisclosure
64987000
CY2022Q2 sbt Loans Receivable Held For Sale Net Not Part Of Disposal Group Investment Non Accrual
LoansReceivableHeldForSaleNetNotPartOfDisposalGroupInvestmentNonAccrual
3999000
CY2021Q4 sbt Loans Receivable Held For Sale Net Not Part Of Disposal Group Investment Non Accrual
LoansReceivableHeldForSaleNetNotPartOfDisposalGroupInvestmentNonAccrual
18026000
CY2022Q2 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
1778132000
CY2021Q4 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
2012814000
CY2022Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
51766000
CY2021Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
56548000
CY2022Q2 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
1726366000
CY2021Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
1956266000
CY2022Q2 us-gaap Federal Home Loan Bank Advances General Debt Obligations Disclosures Collateral Pledged1
FederalHomeLoanBankAdvancesGeneralDebtObligationsDisclosuresCollateralPledged1
480276000
CY2021Q4 us-gaap Federal Home Loan Bank Advances General Debt Obligations Disclosures Collateral Pledged1
FederalHomeLoanBankAdvancesGeneralDebtObligationsDisclosuresCollateralPledged1
557410000
CY2022Q1 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
52455000
CY2022Q2 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
-1109000
CY2022Q2 us-gaap Allowance For Loan And Lease Losses Writeoffs Net
AllowanceForLoanAndLeaseLossesWriteoffsNet
197000
CY2022Q2 us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
617000
CY2022Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
51766000
CY2021Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
56548000
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
-5398000
us-gaap Allowance For Loan And Lease Losses Writeoffs Net
AllowanceForLoanAndLeaseLossesWriteoffsNet
197000
us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
813000
CY2022Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
51766000
CY2021Q1 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
71871000
CY2021Q2 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
-1806000
CY2021Q2 us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
604000
CY2021Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
70669000
CY2020Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
72387000
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
-2543000
us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
825000
CY2021Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
70669000
CY2022Q2 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
51766000
CY2022Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
51766000
CY2022Q2 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
8427000
CY2022Q2 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
1769705000
CY2022Q2 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
1778132000
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
159000
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
56389000
CY2021Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
56548000
CY2021Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
19891000
CY2021Q4 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
1992923000
CY2022Q2 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
8427000
CY2021Q4 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance
19670000
CY2021Q4 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
19606000
CY2022Q2 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
10770000
CY2022Q2 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
8427000
CY2021Q4 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
19943000
CY2021Q4 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
19891000
CY2021Q4 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
159000
CY2022Q2 us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
8488000
CY2022Q2 us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeAccrualMethod
41000
CY2022Q2 us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Cash Basis Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeCashBasisMethod
28000
CY2021Q2 us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
42084000
CY2021Q2 us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeAccrualMethod
45000
CY2021Q2 us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Cash Basis Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeCashBasisMethod
30000
CY2022Q2 us-gaap Impaired Financing Receivable With Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment
142000
CY2021Q2 us-gaap Impaired Financing Receivable With Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment
11381000
CY2021Q2 us-gaap Impaired Financing Receivable With Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod
56000
CY2021Q2 us-gaap Impaired Financing Receivable With Related Allowance Interest Income Cash Basis Method
ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeCashBasisMethod
38000
CY2022Q2 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
8630000
CY2022Q2 us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
41000
CY2022Q2 us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
28000
CY2021 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
53465000
CY2021Q2 us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
101000
CY2021Q2 us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
68000
us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
8511000
us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeAccrualMethod
82000
us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Cash Basis Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeCashBasisMethod
69000
us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
51010000
us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeAccrualMethod
141000
us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Cash Basis Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeCashBasisMethod
127000
us-gaap Impaired Financing Receivable With Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment
190000
us-gaap Impaired Financing Receivable With Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod
1000
us-gaap Impaired Financing Receivable With Related Allowance Interest Income Cash Basis Method
ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeCashBasisMethod
1000
us-gaap Impaired Financing Receivable With Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment
10998000
us-gaap Impaired Financing Receivable With Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod
108000
us-gaap Impaired Financing Receivable With Related Allowance Interest Income Cash Basis Method
ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeCashBasisMethod
90000
us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
8701000
us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
83000
us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
70000
us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
62008000
us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
249000
us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
217000
CY2022Q2 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
48348000
CY2022Q2 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
37000
CY2021Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
62615000
CY2021Q4 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
39000
CY2022Q2 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
1778132000
CY2021Q4 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
2012814000
CY2022Q2 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
8427000
CY2021Q4 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
18416000
CY2021Q4 sbt Financing Receivable Modifications Allowance For Credit Losses
FinancingReceivableModificationsAllowanceForCreditLosses
39000
us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
0
CY2021Q2 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
0
us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
0
CY2022Q2 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
0
us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
0
CY2021Q2 us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
0
us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
1
us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
5781000
CY2021 us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
5
CY2021 us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
15752000
CY2022Q2 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
1778132000
CY2021Q4 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
2012814000
CY2022Q2 sbt Balance Of Mortgage Loans Serviced
BalanceOfMortgageLoansServiced
243884000
CY2021Q4 sbt Balance Of Mortgage Loans Serviced
BalanceOfMortgageLoansServiced
307783000
CY2022Q2 sbt Custodial Escrow Funds
CustodialEscrowFunds
693000
CY2021Q4 sbt Custodial Escrow Funds
CustodialEscrowFunds
5501000
CY2022Q1 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
3088000
CY2021Q1 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
5855000
CY2021Q4 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
3332000
CY2020Q4 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
7853000
CY2022Q2 us-gaap Servicing Asset At Amortized Value Additions
ServicingAssetAtAmortizedValueAdditions
2000
CY2021Q2 us-gaap Servicing Asset At Amortized Value Additions
ServicingAssetAtAmortizedValueAdditions
25000
us-gaap Servicing Asset At Amortized Value Additions
ServicingAssetAtAmortizedValueAdditions
11000
us-gaap Servicing Asset At Amortized Value Additions
ServicingAssetAtAmortizedValueAdditions
99000
CY2022Q2 us-gaap Servicing Asset At Amortized Value Amortization1
ServicingAssetAtAmortizedValueAmortization1
548000
CY2021Q2 us-gaap Servicing Asset At Amortized Value Amortization1
ServicingAssetAtAmortizedValueAmortization1
1680000
us-gaap Servicing Asset At Amortized Value Amortization1
ServicingAssetAtAmortizedValueAmortization1
801000
us-gaap Servicing Asset At Amortized Value Amortization1
ServicingAssetAtAmortizedValueAmortization1
3752000
CY2022Q2 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
2542000
CY2021Q2 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
4200000
CY2022Q2 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
2542000
CY2021Q2 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
4200000
CY2022Q1 us-gaap Valuation Allowance For Impairment Of Recognized Servicing Assets Balance
ValuationAllowanceForImpairmentOfRecognizedServicingAssetsBalance
200000
CY2021Q1 us-gaap Valuation Allowance For Impairment Of Recognized Servicing Assets Balance
ValuationAllowanceForImpairmentOfRecognizedServicingAssetsBalance
1229000
CY2021Q4 us-gaap Valuation Allowance For Impairment Of Recognized Servicing Assets Balance
ValuationAllowanceForImpairmentOfRecognizedServicingAssetsBalance
610000
CY2022Q2 sbt Federal Home Loan Bank Advances Maturities Summary Fixed Rate After One Year
FederalHomeLoanBankAdvancesMaturitiesSummaryFixedRateAfterOneYear
50000000
CY2022Q2 us-gaap Federal Home Loan Bank Advances General Debt Obligations Disclosures Amount Of Available Unused Funds
FederalHomeLoanBankAdvancesGeneralDebtObligationsDisclosuresAmountOfAvailableUnusedFunds
389260000
CY2022Q2 sbt Federal Home Loan Bank Overdraft Line Of Credit Maximum Amount Available
FederalHomeLoanBankOverdraftLineOfCreditMaximumAmountAvailable
20000000
CY2020Q4 us-gaap Valuation Allowance For Impairment Of Recognized Servicing Assets Balance
ValuationAllowanceForImpairmentOfRecognizedServicingAssetsBalance
2165000
CY2022Q2 us-gaap Valuation Allowance For Impairment Of Recognized Servicing Assets Provisions Recoveries
ValuationAllowanceForImpairmentOfRecognizedServicingAssetsProvisionsRecoveries
-111000
CY2021Q2 us-gaap Valuation Allowance For Impairment Of Recognized Servicing Assets Provisions Recoveries
ValuationAllowanceForImpairmentOfRecognizedServicingAssetsProvisionsRecoveries
-261000
us-gaap Valuation Allowance For Impairment Of Recognized Servicing Assets Provisions Recoveries
ValuationAllowanceForImpairmentOfRecognizedServicingAssetsProvisionsRecoveries
-521000
us-gaap Valuation Allowance For Impairment Of Recognized Servicing Assets Provisions Recoveries
ValuationAllowanceForImpairmentOfRecognizedServicingAssetsProvisionsRecoveries
-1197000
CY2022Q2 us-gaap Valuation Allowance For Impairment Of Recognized Servicing Assets Balance
ValuationAllowanceForImpairmentOfRecognizedServicingAssetsBalance
89000
CY2021Q2 us-gaap Valuation Allowance For Impairment Of Recognized Servicing Assets Balance
ValuationAllowanceForImpairmentOfRecognizedServicingAssetsBalance
968000
CY2022Q2 us-gaap Valuation Allowance For Impairment Of Recognized Servicing Assets Balance
ValuationAllowanceForImpairmentOfRecognizedServicingAssetsBalance
89000
CY2021Q2 us-gaap Valuation Allowance For Impairment Of Recognized Servicing Assets Balance
ValuationAllowanceForImpairmentOfRecognizedServicingAssetsBalance
968000
CY2022Q2 sbt Servicing Asset At Amortized Value Net Of Valuation Allowance
ServicingAssetAtAmortizedValueNetOfValuationAllowance
2453000
CY2021Q2 sbt Servicing Asset At Amortized Value Net Of Valuation Allowance
ServicingAssetAtAmortizedValueNetOfValuationAllowance
3232000
CY2022Q2 sbt Servicing Asset At Amortized Value Net Of Valuation Allowance
ServicingAssetAtAmortizedValueNetOfValuationAllowance
2453000
CY2021Q2 sbt Servicing Asset At Amortized Value Net Of Valuation Allowance
ServicingAssetAtAmortizedValueNetOfValuationAllowance
3232000
CY2022Q2 sbt Servicing Fee Income Expense Net Of Amortization Of Servicing Rights And Changes In Valuation Allowance
ServicingFeeIncomeExpenseNetOfAmortizationOfServicingRightsAndChangesInValuationAllowance
-177000
CY2021Q2 sbt Servicing Fee Income Expense Net Of Amortization Of Servicing Rights And Changes In Valuation Allowance
ServicingFeeIncomeExpenseNetOfAmortizationOfServicingRightsAndChangesInValuationAllowance
-908000
CY2021Q2 sbt Servicing Fee Income Expense Net Of Amortization Of Servicing Rights And Changes In Valuation Allowance
ServicingFeeIncomeExpenseNetOfAmortizationOfServicingRightsAndChangesInValuationAllowance
-908000
sbt Servicing Fee Income Expense Net Of Amortization Of Servicing Rights And Changes In Valuation Allowance
ServicingFeeIncomeExpenseNetOfAmortizationOfServicingRightsAndChangesInValuationAllowance
266000
sbt Servicing Fee Income Expense Net Of Amortization Of Servicing Rights And Changes In Valuation Allowance
ServicingFeeIncomeExpenseNetOfAmortizationOfServicingRightsAndChangesInValuationAllowance
-1338000
CY2022Q2 us-gaap Servicing Asset At Amortized Value Fair Value
ServicingAssetAtAmortizedValueFairValue
2899000
CY2021Q4 us-gaap Servicing Asset At Amortized Value Fair Value
ServicingAssetAtAmortizedValueFairValue
2916000
us-gaap Servicing Assets And Servicing Liabilities At Fair Value Assumptions Used To Estimate Fair Value Prepayment Speed
ServicingAssetsAndServicingLiabilitiesAtFairValueAssumptionsUsedToEstimateFairValuePrepaymentSpeed
0.119
us-gaap Servicing Assets And Servicing Liabilities At Fair Value Assumptions Used To Estimate Fair Value Weighted Average Life1
ServicingAssetsAndServicingLiabilitiesAtFairValueAssumptionsUsedToEstimateFairValueWeightedAverageLife1
P73M
us-gaap Servicing Assets And Servicing Liabilities At Fair Value Assumptions Used To Estimate Fair Value Expected Credit Losses
ServicingAssetsAndServicingLiabilitiesAtFairValueAssumptionsUsedToEstimateFairValueExpectedCreditLosses
0.002
CY2021 us-gaap Servicing Assets And Servicing Liabilities At Fair Value Assumptions Used To Estimate Fair Value Prepayment Speed
ServicingAssetsAndServicingLiabilitiesAtFairValueAssumptionsUsedToEstimateFairValuePrepaymentSpeed
0.176
CY2021 us-gaap Servicing Assets And Servicing Liabilities At Fair Value Assumptions Used To Estimate Fair Value Weighted Average Life1
ServicingAssetsAndServicingLiabilitiesAtFairValueAssumptionsUsedToEstimateFairValueWeightedAverageLife1
P52M
CY2021 us-gaap Servicing Assets And Servicing Liabilities At Fair Value Assumptions Used To Estimate Fair Value Expected Credit Losses
ServicingAssetsAndServicingLiabilitiesAtFairValueAssumptionsUsedToEstimateFairValueExpectedCreditLosses
0.002
CY2022Q2 us-gaap Interest Bearing Domestic Deposit Time Deposits
InterestBearingDomesticDepositTimeDeposits
669581000
CY2021Q4 us-gaap Interest Bearing Domestic Deposit Time Deposits
InterestBearingDomesticDepositTimeDeposits
891820000
CY2021Q4 us-gaap Interest Bearing Domestic Deposit Brokered
InterestBearingDomesticDepositBrokered
20109000
CY2022Q2 us-gaap Interest Bearing Domestic Deposit Brokered
InterestBearingDomesticDepositBrokered
0
CY2022Q2 us-gaap Time Deposits At Or Above Fdic Insurance Limit
TimeDepositsAtOrAboveFDICInsuranceLimit
183767000
CY2021Q4 us-gaap Time Deposits At Or Above Fdic Insurance Limit
TimeDepositsAtOrAboveFDICInsuranceLimit
244868000
CY2022Q2 sbt Federal Home Loan Bank Advances Maturities Summary Fixed Rate After One Year
FederalHomeLoanBankAdvancesMaturitiesSummaryFixedRateAfterOneYear
50000000
CY2021Q4 sbt Federal Home Loan Bank Advances Maturities Summary Fixed Rate After One Year
FederalHomeLoanBankAdvancesMaturitiesSummaryFixedRateAfterOneYear
150000000
CY2022Q2 sbt Federal Home Loan Bank Overdraft Line Of Credit Borrowings Outstanding
FederalHomeLoanBankOverdraftLineOfCreditBorrowingsOutstanding
0
CY2022Q2 sbt Federal Home Loan Bank Line Of Credit Advances Activity For Year Interest Rate At Period End
FederalHomeLoanBankLineOfCreditAdvancesActivityForYearInterestRateAtPeriodEnd
0.0190
CY2021Q4 sbt Federal Home Loan Bank Line Of Credit Advances Activity For Year Interest Rate At Period End
FederalHomeLoanBankLineOfCreditAdvancesActivityForYearInterestRateAtPeriodEnd
0.0043
sbt Federal Home Loan Bank Advances Duration Of Agreement
FederalHomeLoanBankAdvancesDurationOfAgreement
P1Y
CY2022Q2 sbt Federal Home Loan Bank Letter Of Credit
FederalHomeLoanBankLetterOfCredit
9500000
CY2021Q4 sbt Federal Home Loan Bank Letter Of Credit
FederalHomeLoanBankLetterOfCredit
11500000
sbt Risk Weighted Percentage
RiskWeightedPercentage
1
CY2021 sbt Risk Weighted Percentage
RiskWeightedPercentage
1
CY2022Q2 sbt Capital Conservation Buffer Percentage
CapitalConservationBufferPercentage
0.025
CY2022Q2 sbt Common Equity Tier One Risk Based Capital Conservation Buffer Plus Capital Required For Capital Adequacy To Risk Weighted Assets
CommonEquityTierOneRiskBasedCapitalConservationBufferPlusCapitalRequiredForCapitalAdequacyToRiskWeightedAssets
0.070
CY2022Q2 sbt Tier One Risk Based Capital Conservation Buffer Plus Capital Required For Capital Adequacy To Risk Weighted Assets
TierOneRiskBasedCapitalConservationBufferPlusCapitalRequiredForCapitalAdequacyToRiskWeightedAssets
0.085
CY2022Q2 sbt Capital Required For Conservation Buffer Plus Capital Required For Capital Adequacy To Risk Weighted Assets
CapitalRequiredForConservationBufferPlusCapitalRequiredForCapitalAdequacyToRiskWeightedAssets
0.105
CY2016Q1 sbt Capital Conservation Buffer Percentage
CapitalConservationBufferPercentage
0.00625
CY2022Q2 sbt Capital Conservation Buffer Increase Percentage
CapitalConservationBufferIncreasePercentage
0.00625
CY2019Q1 sbt Capital Conservation Buffer Percentage
CapitalConservationBufferPercentage
0.025
CY2018Q4 sbt Capital Conservation Buffer Percentage
CapitalConservationBufferPercentage
0.01875
CY2017Q4 sbt Capital Conservation Buffer Percentage
CapitalConservationBufferPercentage
0.0125
sbt Minimum Percentage Of Assets To Be Maintained Under Qualified Thrift Lender Test
MinimumPercentageOfAssetsToBeMaintainedUnderQualifiedThriftLenderTest
0.65
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.07
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.06
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.12
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
-2197000
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
3452000
us-gaap Net Income Loss
NetIncomeLoss
3063000
us-gaap Net Income Loss
NetIncomeLoss
5777000
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
50386856
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
50009053
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
50289612
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
49930563
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
50386856
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
50060775
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
50496487
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
49987253
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.04
CY2022Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
762831
CY2021Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
309499
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
108619
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
224515
sbt Reversal Of Liabilities And Expenses Due To Bank Owned Life Insurance Surrendered
ReversalOfLiabilitiesAndExpensesDueToBankOwnedLifeInsuranceSurrendered
4500000
CY2022Q2 sbt Reversal Of Liabilities And Expenses Due To Bank Owned Life Insurance Surrendered
ReversalOfLiabilitiesAndExpensesDueToBankOwnedLifeInsuranceSurrendered
4500000
CY2022Q2 sbt Outstanding Principal Balance Future Repurchase Amount
OutstandingPrincipalBalanceFutureRepurchaseAmount
60802000
CY2022Q2 sbt Mortgage Loans Repurchase Liability
MortgageLoansRepurchaseLiability
1807000
CY2021Q4 sbt Mortgage Loans Repurchase Liability
MortgageLoansRepurchaseLiability
2954000

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