$SBT
Sterling Bancorp Inc

2024 Q2 Form 10-Q Financial Statement

#000141057824000658 Filed on May 09, 2024

View on sec.gov

Income Statement

Concept 2024 Q2 2024 Q1
Revenue $33.86M $33.28M
YoY Change 7.3% 13.12%
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 $260.0K $276.0K
YoY Change -23.75% -21.59%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $19.47M $18.35M
YoY Change 26.62% 56.19%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $1.963M -$300.0K
YoY Change -46.31% -46.14%
Income Tax $647.0K -$103.0K
% Of Pretax Income 32.96%
Net Earnings $1.316M -$197.0K
YoY Change -48.17% -60.83%
Net Earnings / Revenue 3.89% -0.59%
Basic Earnings Per Share $0.03 $0.00
Diluted Earnings Per Share $0.03 $0.00
COMMON SHARES
Basic Shares Outstanding 52.03M 52.07M
Diluted Shares Outstanding 51.35M 50.84M

Balance Sheet

Concept 2024 Q2 2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $599.8M $646.2M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $16.44M $17.56M
YoY Change -12.89% -12.42%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $17.92M $18.24M
YoY Change -3.32% -9.1%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $2.375B $2.415B
YoY Change -6.21% 0.12%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $32.40M $31.43M
YoY Change -43.75% -46.69%
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $32.40M $31.43M
YoY Change -43.75% -46.69%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change -100.0% -100.0%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00
YoY Change -100.0% -100.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $32.40M $31.43M
Total Long-Term Liabilities $0.00 $0.00
Total Liabilities $2.046B $2.087B
YoY Change -7.61% -0.42%
SHAREHOLDERS EQUITY
Retained Earnings $243.1M $241.8M
YoY Change 2.75% 3.3%
Common Stock $101.9M $101.5M
YoY Change 2.51% 3.36%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $328.9M $327.3M
YoY Change
Total Liabilities & Shareholders Equity $2.375B $2.415B
YoY Change -6.21% 0.12%

Cashflow Statement

Concept 2024 Q2 2024 Q1
OPERATING ACTIVITIES
Net Income $1.316M -$197.0K
YoY Change -48.17% -60.83%
Depreciation, Depletion And Amortization $260.0K $276.0K
YoY Change -23.75% -21.59%
Cash From Operating Activities $3.198M -$3.877M
YoY Change -19.91% 11.63%
INVESTING ACTIVITIES
Capital Expenditures $14.00K $63.00K
YoY Change -78.13% -66.84%
Acquisitions
YoY Change
Other Investing Activities -$6.810M $70.49M
YoY Change -106.04% -6.48%
Cash From Investing Activities -$6.824M $70.43M
YoY Change -106.06% -6.33%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -42.77M 1.653M
YoY Change -135.79% -105.12%
NET CHANGE
Cash From Operating Activities 3.198M -3.877M
Cash From Investing Activities -6.824M 70.43M
Cash From Financing Activities -42.77M 1.653M
Net Change In Cash -46.39M 68.20M
YoY Change -119.64% 73.01%
FREE CASH FLOW
Cash From Operating Activities $3.198M -$3.877M
Capital Expenditures $14.00K $63.00K
Free Cash Flow $3.184M -$3.940M
YoY Change -18.96% 7.56%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2024Q1 us-gaap Type Of Revenue Extensible List
TypeOfRevenueExtensibleList
http://www.sterlingbancorp.com/20240331#ServiceChargesAndFeesMember
CY2024Q1 us-gaap Fair Value Recurring Basis Unobservable Input Reconciliation Asset Gain Loss Statement Of Other Comprehensive Income Extensible List
FairValueRecurringBasisUnobservableInputReconciliationAssetGainLossStatementOfOtherComprehensiveIncomeExtensibleList
http://fasb.org/us-gaap/2023#OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
CY2024Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001680379
CY2024Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2024Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2024
CY2024Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2024Q1 dei Amendment Flag
AmendmentFlag
false
CY2024Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2023Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2024Q1 us-gaap Preferred Stock Value
PreferredStockValue
CY2023Q4 us-gaap Preferred Stock Value
PreferredStockValue
CY2024Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
52046683
CY2023Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
52070361
CY2023Q1 us-gaap Type Of Revenue Extensible List
TypeOfRevenueExtensibleList
http://www.sterlingbancorp.com/20240331#ServiceChargesAndFeesMember
CY2023Q1 us-gaap Fair Value Recurring Basis Unobservable Input Reconciliation Asset Gain Loss Statement Of Other Comprehensive Income Extensible List
FairValueRecurringBasisUnobservableInputReconciliationAssetGainLossStatementOfOtherComprehensiveIncomeExtensibleList
http://fasb.org/us-gaap/2023#OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
CY2024Q1 dei Document Type
DocumentType
10-Q
CY2024Q1 dei Document Quarterly Report
DocumentQuarterlyReport
true
CY2024Q1 dei Document Period End Date
DocumentPeriodEndDate
2024-03-31
CY2024Q1 dei Document Transition Report
DocumentTransitionReport
false
CY2024Q1 dei Entity File Number
EntityFileNumber
001-38290
CY2024Q1 dei Entity Registrant Name
EntityRegistrantName
Sterling Bancorp, Inc.
CY2024Q1 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
MI
CY2024Q1 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
38-3163775
CY2024Q1 dei Entity Address Address Line1
EntityAddressAddressLine1
One Towne Square
CY2024Q1 dei Entity Address Address Line2
EntityAddressAddressLine2
Suite 1900
CY2024Q1 dei Entity Address City Or Town
EntityAddressCityOrTown
Southfield
CY2024Q1 dei Entity Address State Or Province
EntityAddressStateOrProvince
MI
CY2024Q1 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
48076
CY2024Q1 dei City Area Code
CityAreaCode
248
CY2024Q1 dei Local Phone Number
LocalPhoneNumber
355-2400
CY2024Q1 dei Security12b Title
Security12bTitle
Common Stock
CY2024Q1 dei Trading Symbol
TradingSymbol
SBT
CY2024Q1 dei Security Exchange Name
SecurityExchangeName
NASDAQ
CY2024Q1 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2024Q1 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2024Q1 dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
CY2024Q1 dei Entity Small Business
EntitySmallBusiness
true
CY2024Q1 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2024Q1 dei Entity Shell Company
EntityShellCompany
false
CY2024Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
52025988
CY2024Q1 us-gaap Cash And Due From Banks
CashAndDueFromBanks
646168000
CY2023Q4 us-gaap Cash And Due From Banks
CashAndDueFromBanks
577967000
CY2024Q1 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
5229000
CY2023Q4 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
5226000
CY2024Q1 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
416917000
CY2023Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
440211000
CY2024Q1 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
394852000
CY2023Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
419213000
CY2024Q1 us-gaap Equity Securities Fv Ni And Without Readily Determinable Fair Value
EquitySecuritiesFvNiAndWithoutReadilyDeterminableFairValue
4656000
CY2023Q4 us-gaap Equity Securities Fv Ni And Without Readily Determinable Fair Value
EquitySecuritiesFvNiAndWithoutReadilyDeterminableFairValue
4703000
CY2024Q1 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
29257000
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
29404000
CY2024Q1 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
1274022000
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
1319568000
CY2024Q1 us-gaap Interest Receivable
InterestReceivable
9195000
CY2023Q4 us-gaap Interest Receivable
InterestReceivable
8509000
CY2024Q1 us-gaap Servicing Asset
ServicingAsset
1485000
CY2023Q4 us-gaap Servicing Asset
ServicingAsset
1542000
CY2024Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
5206000
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
5430000
CY2024Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
12358000
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
11454000
CY2024Q1 us-gaap Federal Home Loan Bank Stock
FederalHomeLoanBankStock
18923000
CY2023Q4 us-gaap Federal Home Loan Bank Stock
FederalHomeLoanBankStock
18923000
CY2024Q1 us-gaap Federal Reserve Bank Stock
FederalReserveBankStock
9096000
CY2023Q4 us-gaap Federal Reserve Bank Stock
FederalReserveBankStock
9048000
CY2024Q1 us-gaap Bank Owned Life Insurance
BankOwnedLifeInsurance
8764000
CY2023Q4 us-gaap Bank Owned Life Insurance
BankOwnedLifeInsurance
8711000
CY2024Q1 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
18240000
CY2023Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
16959000
CY2024Q1 us-gaap Other Assets
OtherAssets
6361000
CY2023Q4 us-gaap Other Assets
OtherAssets
8750000
CY2024Q1 us-gaap Assets
Assets
2414555000
CY2023Q4 us-gaap Assets
Assets
2416003000
CY2024Q1 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
32680000
CY2023Q4 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
35245000
CY2024Q1 us-gaap Interest Bearing Deposit Liabilities
InterestBearingDepositLiabilities
1973175000
CY2023Q4 us-gaap Interest Bearing Deposit Liabilities
InterestBearingDepositLiabilities
1968741000
CY2024Q1 us-gaap Deposits
Deposits
2005855000
CY2023Q4 us-gaap Deposits
Deposits
2003986000
CY2024Q1 us-gaap Advances From Federal Home Loan Banks
AdvancesFromFederalHomeLoanBanks
50000000
CY2023Q4 us-gaap Advances From Federal Home Loan Banks
AdvancesFromFederalHomeLoanBanks
50000000
CY2024Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
13407000
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
12537000
CY2024Q1 us-gaap Other Liabilities
OtherLiabilities
18027000
CY2023Q4 us-gaap Other Liabilities
OtherLiabilities
21757000
CY2024Q1 us-gaap Liabilities
Liabilities
2087289000
CY2023Q4 us-gaap Liabilities
Liabilities
2088280000
CY2024Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000
CY2023Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000
CY2024Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2023Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2024Q1 us-gaap Common Stock No Par Value
CommonStockNoParValue
0
CY2023Q4 us-gaap Common Stock No Par Value
CommonStockNoParValue
0
CY2024Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000
CY2024Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
52046683
CY2023Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
52070361
CY2024Q1 us-gaap Common Stock Value
CommonStockValue
84323000
CY2023Q4 us-gaap Common Stock Value
CommonStockValue
84323000
CY2024Q1 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
17173000
CY2023Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
16660000
CY2024Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
241767000
CY2023Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
241964000
CY2024Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-15997000
CY2023Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-15224000
CY2024Q1 us-gaap Stockholders Equity
StockholdersEquity
327266000
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
327723000
CY2024Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2414555000
CY2023Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2416003000
CY2024Q1 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
20969000
CY2023Q1 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
22160000
CY2024Q1 us-gaap Interest And Dividend Income Securities
InterestAndDividendIncomeSecurities
4018000
CY2023Q1 us-gaap Interest And Dividend Income Securities
InterestAndDividendIncomeSecurities
2456000
CY2024Q1 us-gaap Interest Income Other
InterestIncomeOther
8295000
CY2023Q1 us-gaap Interest Income Other
InterestIncomeOther
4807000
CY2024Q1 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
33282000
CY2023Q1 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
29423000
CY2024Q1 us-gaap Interest Expense Deposits
InterestExpenseDeposits
18100000
CY2023Q1 us-gaap Interest Expense Deposits
InterestExpenseDeposits
9809000
CY2024Q1 sbt Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvances
248000
CY2023Q1 sbt Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvances
245000
CY2023Q1 us-gaap Interest Expense Subordinated Notes And Debentures
InterestExpenseSubordinatedNotesAndDebentures
1693000
CY2024Q1 us-gaap Interest Expense
InterestExpense
18348000
CY2023Q1 us-gaap Interest Expense
InterestExpense
11747000
CY2024Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
14934000
CY2023Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
17676000
CY2024Q1 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
41000
CY2023Q1 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
674000
CY2024Q1 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
14893000
CY2023Q1 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
17002000
CY2024Q1 us-gaap Fees And Commissions Mortgage Banking And Servicing
FeesAndCommissionsMortgageBankingAndServicing
87000
CY2023Q1 us-gaap Fees And Commissions Mortgage Banking And Servicing
FeesAndCommissionsMortgageBankingAndServicing
94000
CY2023Q1 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
-2000
CY2023Q1 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
-25000
CY2024Q1 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
-47000
CY2023Q1 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
71000
CY2024Q1 sbt Servicing Fee Income Expense Net Of Amortization Of Servicing Rights And Changes In Valuation Allowance
ServicingFeeIncomeExpenseNetOfAmortizationOfServicingRightsAndChangesInValuationAllowance
75000
CY2023Q1 sbt Servicing Fee Income Expense Net Of Amortization Of Servicing Rights And Changes In Valuation Allowance
ServicingFeeIncomeExpenseNetOfAmortizationOfServicingRightsAndChangesInValuationAllowance
59000
CY2024Q1 us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
83000
CY2023Q1 us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
80000
CY2024Q1 us-gaap Noninterest Income Other
NoninterestIncomeOther
1000
CY2023Q1 us-gaap Noninterest Income Other
NoninterestIncomeOther
1000
CY2024Q1 us-gaap Noninterest Income
NoninterestIncome
199000
CY2023Q1 us-gaap Noninterest Income
NoninterestIncome
278000
CY2024Q1 us-gaap Labor And Related Expense
LaborAndRelatedExpense
8460000
CY2024Q1 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
216000
CY2024Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
729000
CY2024Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-773000
CY2024Q1 us-gaap Stockholders Equity
StockholdersEquity
327266000
CY2024Q1 us-gaap Profit Loss
ProfitLoss
-197000
CY2023Q1 us-gaap Labor And Related Expense
LaborAndRelatedExpense
9410000
CY2024Q1 us-gaap Occupancy Net
OccupancyNet
2084000
CY2023Q1 us-gaap Occupancy Net
OccupancyNet
2112000
CY2024Q1 us-gaap Professional Fees
ProfessionalFees
2182000
CY2023Q1 us-gaap Professional Fees
ProfessionalFees
3221000
CY2024Q1 sbt Federal Deposit Insurance Corporation Premium Assessment Credit
FederalDepositInsuranceCorporationPremiumAssessmentCredit
-262000
CY2023Q1 sbt Federal Deposit Insurance Corporation Premium Assessment Credit
FederalDepositInsuranceCorporationPremiumAssessmentCredit
-257000
CY2024Q1 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
733000
CY2023Q1 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
738000
CY2024Q1 us-gaap Other Noninterest Expense
OtherNoninterestExpense
1671000
CY2023Q1 us-gaap Other Noninterest Expense
OtherNoninterestExpense
2099000
CY2024Q1 us-gaap Noninterest Expense
NoninterestExpense
15392000
CY2023Q1 us-gaap Noninterest Expense
NoninterestExpense
17837000
CY2024Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-300000
CY2023Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-557000
CY2024Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-103000
CY2023Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-54000
CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
-197000
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-503000
CY2024Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.00
CY2024Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.00
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.01
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.01
CY2024Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
50843106
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
50444463
CY2024Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
50843106
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
50444463
CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
-197000
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-503000
CY2024Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-293000
CY2023Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
1054000
CY2024Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-773000
CY2023Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
2785000
CY2023Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
-2000
CY2023Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
-1000
CY2023Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
-1000
CY2024Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-773000
CY2023Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
2786000
CY2024Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-970000
CY2023Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
2283000
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
312627000
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-503000
CY2023Q1 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
75000
CY2023Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
173000
CY2023Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
2786000
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
315510000
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
327723000
CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
-197000
CY2023Q1 us-gaap Profit Loss
ProfitLoss
-503000
CY2024Q1 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
41000
CY2023Q1 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
674000
CY2024Q1 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
988000
CY2023Q1 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-2394000
CY2023Q1 us-gaap Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
-2000
CY2024Q1 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
-47000
CY2023Q1 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
71000
CY2024Q1 sbt Investment Securities Available For Sale Amortization And Accretion Net
InvestmentSecuritiesAvailableForSaleAmortizationAndAccretionNet
1128000
CY2023Q1 sbt Investment Securities Available For Sale Amortization And Accretion Net
InvestmentSecuritiesAvailableForSaleAmortizationAndAccretionNet
491000
CY2024Q1 sbt Depreciation And Amortization Of Leasehold Improvements And Equipment
DepreciationAndAmortizationOfLeaseholdImprovementsAndEquipment
276000
CY2023Q1 sbt Depreciation And Amortization Of Leasehold Improvements And Equipment
DepreciationAndAmortizationOfLeaseholdImprovementsAndEquipment
352000
CY2023Q1 sbt Payments For Origination Net Of Proceeds From Principal Payments Of Mortgage Loans Held For Sale
PaymentsForOriginationNetOfProceedsFromPrincipalPaymentsOfMortgageLoansHeldForSale
2667000
CY2023Q1 us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
2979000
CY2023Q1 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
-25000
CY2024Q1 sbt Increase Decrease In Cash Surrender Value Of Bank Owned Life Insurance
IncreaseDecreaseInCashSurrenderValueOfBankOwnedLifeInsurance
53000
CY2023Q1 sbt Increase Decrease In Cash Surrender Value Of Bank Owned Life Insurance
IncreaseDecreaseInCashSurrenderValueOfBankOwnedLifeInsurance
52000
CY2024Q1 sbt Valuation Allowance Adjustments And Amortization Of Mortgage Servicing Rights
ValuationAllowanceAdjustmentsAndAmortizationOfMortgageServicingRights
57000
CY2023Q1 sbt Valuation Allowance Adjustments And Amortization Of Mortgage Servicing Rights
ValuationAllowanceAdjustmentsAndAmortizationOfMortgageServicingRights
91000
CY2024Q1 us-gaap Share Based Compensation
ShareBasedCompensation
729000
CY2023Q1 us-gaap Share Based Compensation
ShareBasedCompensation
173000
CY2024Q1 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
9000
CY2023Q1 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
175000
CY2024Q1 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
686000
CY2023Q1 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
-212000
CY2024Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-1967000
CY2023Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
2340000
CY2024Q1 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-3951000
CY2023Q1 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-4426000
CY2024Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-3877000
CY2023Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-3473000
CY2024Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
106585000
CY2023Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
5358000
CY2023Q1 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
2977000
CY2024Q1 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
82162000
CY2023Q1 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
2979000
CY2024Q1 us-gaap Payments To Acquire Federal Reserve Stock
PaymentsToAcquireFederalReserveStock
48000
CY2024Q1 sbt Payments For Origination Of Loans Held For Sale Net Of Repayments
PaymentsForOriginationOfLoansHeldForSaleNetOfRepayments
-46113000
CY2023Q1 sbt Payments For Origination Of Loans Held For Sale Net Of Repayments
PaymentsForOriginationOfLoansHeldForSaleNetOfRepayments
-70008000
CY2023Q1 sbt Principal Payments Received On Commercial Real Estate Loans Held For Sale
PrincipalPaymentsReceivedOnCommercialRealEstateLoansHeldForSale
10000
CY2024Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
63000
CY2023Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
190000
CY2024Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
70425000
CY2023Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
75184000
CY2024Q1 us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
1869000
CY2023Q1 us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
-32215000
CY2024Q1 sbt Payments For Surrender Of Vested Shares Due To Employee Tax Liability
PaymentsForSurrenderOfVestedSharesDueToEmployeeTaxLiability
216000
CY2023Q1 sbt Payments For Surrender Of Vested Shares Due To Employee Tax Liability
PaymentsForSurrenderOfVestedSharesDueToEmployeeTaxLiability
75000
CY2024Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1653000
CY2023Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-32290000
CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
68201000
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
39421000
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
577967000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
379798000
CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
646168000
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
419219000
CY2024Q1 us-gaap Interest Paid Net
InterestPaidNet
18129000
CY2023Q1 us-gaap Interest Paid Net
InterestPaidNet
11424000
CY2023Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
25000
CY2023Q1 us-gaap Transfer Of Portfolio Loans And Leases To Held For Sale1
TransferOfPortfolioLoansAndLeasesToHeldForSale1
34581000
CY2023Q1 us-gaap Transfer Of Loans Held For Sale To Portfolio Loans1
TransferOfLoansHeldForSaleToPortfolioLoans1
3906000
CY2024Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
1780000
CY2024Q1 sbt Number Of Branches
NumberOfBranches
27
CY2024Q1 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>
CY2024Q1 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 March 31, 2024 and December 31, 2023, residential real estate loans accounted for 80% 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 March 31, 2024 and December 31, 2023, approximately 79% and 80%, respectively, of gross loans were 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;">Also, the loan portfolio consists of a loan product of one-, three-, five- or seven-year adjustable-rate mortgages that required a down payment of at least 35% (also referred to herein as “Advantage Loan Program loans”) which was terminated at the end of 2019 and continues to be the largest portion of gross residential loans. An internal review of the Advantage Loan Program and investigations conducted by the U.S. Department of Justice and the OCC indicated that certain employees engaged in misconduct in connection with the origination of a significant number of such loans, including the falsification of information with respect to verification of income, the amount of income reported for borrowers, reliance on third parties and related documentation. This former loan product totaled $593,144, or 57% of gross residential loans, and $628,245, or 58% of gross residential loans, at March 31, 2024 and December 31, 2023, respectively.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:18pt;margin:0pt;"><span style="margin-bottom:12pt;visibility:hidden;">​</span></p>
CY2024Q1 sbt Minimum Percentage Of Down Payment Required For Advantage Loan Program Loans
MinimumPercentageOfDownPaymentRequiredForAdvantageLoanProgramLoans
0.35
CY2024Q1 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
416917000
CY2024Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
13000
CY2024Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
22078000
CY2024Q1 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
394852000
CY2023Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
440211000
CY2024Q1 us-gaap Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
1084000
CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
84000
CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
21082000
CY2023Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
419213000
CY2024Q1 sbt Accrued Interest On Available For Sale Debt Securities
AccruedInterestOnAvailableForSaleDebtSecurities
1403000
CY2023 sbt Accrued Interest On Available For Sale Debt Securities
AccruedInterestOnAvailableForSaleDebtSecurities
1535000
CY2024Q1 sbt Debt Securities Single Issuer Carrying Value Over Ten Percent Stock Holders Equity
DebtSecuritiesSingleIssuerCarryingValueOverTenPercentStockHoldersEquity
0
CY2023Q4 sbt Debt Securities Single Issuer Carrying Value Over Ten Percent Stock Holders Equity
DebtSecuritiesSingleIssuerCarryingValueOverTenPercentStockHoldersEquity
0
CY2024Q1 sbt Threshold Percentage Of Shareholders Equity For Securities Held Of Single Issuer
ThresholdPercentageOfShareholdersEquityForSecuritiesHeldOfSingleIssuer
0.10
CY2023 sbt Threshold Percentage Of Shareholders Equity For Securities Held Of Single Issuer
ThresholdPercentageOfShareholdersEquityForSecuritiesHeldOfSingleIssuer
0.10
CY2023Q1 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
2977000
CY2023Q1 us-gaap Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
1000
CY2023Q1 us-gaap Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
3000
CY2023Q1 us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
-2000
CY2023Q1 sbt Debt Securities Available For Sale Realized Gain Loss Income Tax Expense Benefit
DebtSecuritiesAvailableForSaleRealizedGainLossIncomeTaxExpenseBenefit
-1000
CY2024Q1 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
416917000
CY2024Q1 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
394852000
CY2024Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
153327000
CY2024Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
281000
CY2024Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
213217000
CY2024Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
21797000
CY2024Q1 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
366544000
CY2024Q1 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
22078000
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
60133000
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
222000
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
268805000
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
20860000
CY2023Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
328938000
CY2023Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
21082000
CY2024Q1 sbt Number Of Debt Securities Held In Portfolio
NumberOfDebtSecuritiesHeldInPortfolio
35
CY2024Q1 us-gaap Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
32
CY2024Q1 us-gaap Equity Securities Fv Ni And Without Readily Determinable Fair Value
EquitySecuritiesFvNiAndWithoutReadilyDeterminableFairValue
4656000
CY2023Q4 us-gaap Equity Securities Fv Ni And Without Readily Determinable Fair Value
EquitySecuritiesFvNiAndWithoutReadilyDeterminableFairValue
4703000
CY2024Q1 us-gaap Equity Securities Fv Ni Current And Noncurrent
EquitySecuritiesFvNiCurrentAndNoncurrent
4410000
CY2023Q4 us-gaap Equity Securities Fv Ni Current And Noncurrent
EquitySecuritiesFvNiCurrentAndNoncurrent
4457000
CY2024Q1 us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
-47000
CY2023Q1 us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
71000
CY2024Q1 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
-47000
CY2023Q1 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
71000
CY2024Q1 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
1303279000
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
1348972000
CY2024Q1 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
29257000
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
29404000
CY2024Q1 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
1274022000
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
1319568000
CY2024Q1 sbt Accrued Interest Receivable From Gross Loans
AccruedInterestReceivableFromGrossLoans
6701000
CY2023Q4 sbt Accrued Interest Receivable From Gross Loans
AccruedInterestReceivableFromGrossLoans
6617000
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
29404000
CY2024Q1 us-gaap Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
-147000
CY2024Q1 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
29257000
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
45464000
CY2023Q1 us-gaap Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
784000
CY2023Q1 us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff After Recovery
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoffAfterRecovery
6478000
CY2023Q1 us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Recovery
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossRecovery
66000
CY2023Q1 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
38565000
CY2024Q1 sbt Loans Receivable Held For Sale Net Not Part Of Disposal Group Investment Non Accrual
LoansReceivableHeldForSaleNetNotPartOfDisposalGroupInvestmentNonAccrual
9318000
CY2024Q1 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
1303279000
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
1348972000
CY2024Q1 sbt Balance Of Mortgage Loans Serviced
BalanceOfMortgageLoansServiced
164370000
CY2023Q4 sbt Balance Of Mortgage Loans Serviced
BalanceOfMortgageLoansServiced
169749000
CY2024Q1 sbt Custodial Escrow Funds
CustodialEscrowFunds
352000
CY2023Q4 sbt Custodial Escrow Funds
CustodialEscrowFunds
620000
CY2023Q4 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
1590000
CY2022Q4 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
1840000
CY2024Q1 us-gaap Servicing Asset At Amortized Value Amortization1
ServicingAssetAtAmortizedValueAmortization1
64000
CY2023Q1 us-gaap Servicing Asset At Amortized Value Amortization1
ServicingAssetAtAmortizedValueAmortization1
74000
CY2024Q1 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
1526000
CY2023Q1 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
1766000
CY2023Q4 us-gaap Valuation Allowance For Impairment Of Recognized Servicing Assets Balance
ValuationAllowanceForImpairmentOfRecognizedServicingAssetsBalance
48000
CY2022Q4 us-gaap Valuation Allowance For Impairment Of Recognized Servicing Assets Balance
ValuationAllowanceForImpairmentOfRecognizedServicingAssetsBalance
46000
CY2024Q1 us-gaap Valuation Allowance For Impairment Of Recognized Servicing Assets Provisions Recoveries
ValuationAllowanceForImpairmentOfRecognizedServicingAssetsProvisionsRecoveries
-7000
CY2023Q1 us-gaap Valuation Allowance For Impairment Of Recognized Servicing Assets Provisions Recoveries
ValuationAllowanceForImpairmentOfRecognizedServicingAssetsProvisionsRecoveries
17000
CY2024Q1 us-gaap Valuation Allowance For Impairment Of Recognized Servicing Assets Balance
ValuationAllowanceForImpairmentOfRecognizedServicingAssetsBalance
41000
CY2023Q1 us-gaap Valuation Allowance For Impairment Of Recognized Servicing Assets Balance
ValuationAllowanceForImpairmentOfRecognizedServicingAssetsBalance
63000
CY2024Q1 us-gaap Servicing Asset
ServicingAsset
1485000
CY2023Q1 us-gaap Servicing Asset
ServicingAsset
1703000
CY2024Q1 sbt Servicing Fee Income Expense Net Of Amortization Of Servicing Rights And Changes In Valuation Allowance
ServicingFeeIncomeExpenseNetOfAmortizationOfServicingRightsAndChangesInValuationAllowance
75000
CY2023Q1 sbt Servicing Fee Income Expense Net Of Amortization Of Servicing Rights And Changes In Valuation Allowance
ServicingFeeIncomeExpenseNetOfAmortizationOfServicingRightsAndChangesInValuationAllowance
59000
CY2024Q1 us-gaap Servicing Asset At Amortized Value Fair Value
ServicingAssetAtAmortizedValueFairValue
1807000
CY2023Q4 us-gaap Servicing Asset At Amortized Value Fair Value
ServicingAssetAtAmortizedValueFairValue
1857000
CY2024Q1 us-gaap Servicing Assets And Servicing Liabilities At Fair Value Assumptions Used To Estimate Fair Value Expected Credit Losses
ServicingAssetsAndServicingLiabilitiesAtFairValueAssumptionsUsedToEstimateFairValueExpectedCreditLosses
0.002
CY2024Q1 us-gaap Interest Bearing Domestic Deposit Time Deposits
InterestBearingDomesticDepositTimeDeposits
900996000
CY2023Q4 us-gaap Interest Bearing Domestic Deposit Time Deposits
InterestBearingDomesticDepositTimeDeposits
873220000
CY2024Q1 us-gaap Time Deposits At Or Above Fdic Insurance Limit
TimeDepositsAtOrAboveFDICInsuranceLimit
267934000
CY2023Q4 us-gaap Time Deposits At Or Above Fdic Insurance Limit
TimeDepositsAtOrAboveFDICInsuranceLimit
255222000
CY2024Q1 sbt Federal Home Loan Bank Advances Maturities Summary Fixed Rate After One Year
FederalHomeLoanBankAdvancesMaturitiesSummaryFixedRateAfterOneYear
50000000
CY2023Q4 sbt Federal Home Loan Bank Advances Maturities Summary Fixed Rate After One Year
FederalHomeLoanBankAdvancesMaturitiesSummaryFixedRateAfterOneYear
50000000
CY2023Q1 sbt Borrowings Outstanding On Standby Letters Of Credit From Federal Home Loan Banks
BorrowingsOutstandingOnStandbyLettersOfCreditFromFederalHomeLoanBanks
0
CY2024Q1 sbt Borrowings Outstanding On Standby Letters Of Credit From Federal Home Loan Banks
BorrowingsOutstandingOnStandbyLettersOfCreditFromFederalHomeLoanBanks
0
CY2024Q1 sbt Federal Home Loan Bank Advances And Overdraft Line Of Credit Additional Borrowing Capacity
FederalHomeLoanBankAdvancesAndOverdraftLineOfCreditAdditionalBorrowingCapacity
370471000
CY2024Q1 sbt Minimum Tier1 Leverage Ratio For Cblr Framework
MinimumTier1LeverageRatioForCblrFramework
0.090
CY2024Q1 sbt Maximum Total Consolidated Assets For Cblr Framework
MaximumTotalConsolidatedAssetsForCblrFramework
10000000000
CY2024Q1 sbt Leverage Ratio Percentage For Generally Applicable Capital Requirements
LeverageRatioPercentageForGenerallyApplicableCapitalRequirements
0.080
CY2024Q1 us-gaap Tier One Leverage Capital
TierOneLeverageCapital
341243000
CY2024Q1 us-gaap Tier One Leverage Capital To Average Assets
TierOneLeverageCapitalToAverageAssets
0.1410
CY2024Q1 us-gaap Tier One Leverage Capital Required To Be Well Capitalized
TierOneLeverageCapitalRequiredToBeWellCapitalized
217783000
CY2024Q1 us-gaap Tier One Leverage Capital Required To Be Well Capitalized To Average Assets
TierOneLeverageCapitalRequiredToBeWellCapitalizedToAverageAssets
0.0900
CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
-197000
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-503000
CY2024Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
50843106
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
50444463
CY2024Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
50843106
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
50444463
CY2024Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.00
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.01
CY2024Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.00
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.01
CY2024Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
640224
CY2023Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
699057
CY2023Q4 us-gaap Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
896000
CY2024Q1 us-gaap Off Balance Sheet Credit Loss Liability Credit Loss Expense Reversal
OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal
188000
CY2022Q4 us-gaap Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
0
CY2023Q1 us-gaap Off Balance Sheet Credit Loss Liability Credit Loss Expense Reversal
OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal
-110000
CY2023Q1 us-gaap Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
469000
CY2023Q4 sbt Mortgage Loans Repurchase Liability
MortgageLoansRepurchaseLiability
750000
CY2022Q4 sbt Mortgage Loans Repurchase Liability
MortgageLoansRepurchaseLiability
809000
CY2024Q1 sbt Recovery Of Mortgage Repurchase Liability
RecoveryOfMortgageRepurchaseLiability
-1000
CY2023Q1 sbt Recovery Of Mortgage Repurchase Liability
RecoveryOfMortgageRepurchaseLiability
120000
CY2024Q1 sbt Mortgage Loans Repurchase Liability
MortgageLoansRepurchaseLiability
749000
CY2023Q1 sbt Mortgage Loans Repurchase Liability
MortgageLoansRepurchaseLiability
929000
CY2024Q1 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q1 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q1 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q1 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

Files In Submission

Name View Source Status
0001410578-24-000658-index-headers.html Edgar Link pending
0001410578-24-000658-index.html Edgar Link pending
0001410578-24-000658.txt Edgar Link pending
0001410578-24-000658-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
sbt-20240331.xsd Edgar Link pending
sbt-20240331x10q.htm Edgar Link pending
sbt-20240331xex31d1.htm Edgar Link pending
sbt-20240331xex31d2.htm Edgar Link pending
sbt-20240331xex32d1.htm Edgar Link pending
sbt-20240331xex32d2.htm Edgar Link pending
Show.js Edgar Link pending
sbt-20240331_cal.xml Edgar Link unprocessable
sbt-20240331_def.xml Edgar Link unprocessable
sbt-20240331_lab.xml Edgar Link unprocessable
sbt-20240331_pre.xml Edgar Link unprocessable
sbt-20240331x10q_htm.xml Edgar Link completed