2019 Q4 Form 10-K Financial Statement

#000156459021013680 Filed on March 17, 2021

View on sec.gov

Income Statement

Concept 2019 Q4 2019 Q3 2019 Q2
Revenue $45.62M $40.44M $37.75M
YoY Change 35.81% 24.66% 22.49%
Cost Of Revenue $1.940M $1.960M $1.640M
YoY Change 6.59% 12.0% 40.17%
Gross Profit $43.68M $38.48M $36.11M
YoY Change 37.49% 25.34% 21.79%
Gross Profit Margin 95.75% 95.15% 95.66%
Selling, General & Admin $4.890M $4.480M $4.730M
YoY Change -9.44% -8.57% 4.19%
% of Gross Profit 11.2% 11.64% 13.1%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $410.0K $330.0K $330.0K
YoY Change 13.89% -8.33% -53.52%
% of Gross Profit 0.94% 0.86% 0.91%
Operating Expenses $7.480M $6.650M $6.890M
YoY Change 7.94% 16.87% 31.99%
Operating Profit $36.20M $31.83M $29.22M
YoY Change 45.73% 27.27% 19.61%
Interest Expense -$26.76M -$25.67M -$23.68M
YoY Change 26.58% 29.91% 31.56%
% of Operating Profit -73.92% -80.65% -81.04%
Other Income/Expense, Net -$1.300M -$490.0K -$560.0K
YoY Change 364.29% 22.5% 21.74%
Pretax Income $8.142M $5.676M $4.979M
YoY Change 138.77% 17.03% -16.6%
Income Tax $2.960M $1.796M $1.444M
% Of Pretax Income 36.35% 31.64% 29.0%
Net Earnings $5.182M $3.880M $3.535M
YoY Change -639.79% 16.87% -18.17%
Net Earnings / Revenue 11.36% 9.59% 9.36%
Basic Earnings Per Share
Diluted Earnings Per Share $272.6K $204.2K $186.3K
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2019 Q4 2019 Q3 2019 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $21.50M $8.800M $14.10M
YoY Change 43.33% -73.96%
Cash & Equivalents $21.47M $8.849M $14.11M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses $1.574M
Receivables $13.30M $12.50M $11.30M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $34.80M $21.30M $25.40M
YoY Change 38.65% -50.69%
LONG-TERM ASSETS
Property, Plant & Equipment $4.680M $4.900M $5.000M
YoY Change -14.91% -15.52%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $14.40M $9.700M $7.200M
YoY Change 554.55% -36.6%
Total Long-Term Assets $2.180B $2.043B $1.848B
YoY Change 27.48% 28.02%
TOTAL ASSETS
Total Short-Term Assets $34.80M $21.30M $25.40M
Total Long-Term Assets $2.180B $2.043B $1.848B
Total Assets $2.215B $2.065B $1.874B
YoY Change 27.64% 25.95%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $56.10M $41.80M $30.70M
YoY Change 109.33% 86.61%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $56.10M $41.80M $30.70M
YoY Change 109.33% 86.61%
LONG-TERM LIABILITIES
Long-Term Debt $2.006B $1.872B $1.669B
YoY Change 29.81% 30.11%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $2.006B $1.872B $1.669B
YoY Change 29.81% 30.11%
TOTAL LIABILITIES
Total Short-Term Liabilities $56.10M $41.80M $30.70M
Total Long-Term Liabilities $2.006B $1.872B $1.669B
Total Liabilities $2.062B $1.914B $1.699B
YoY Change 31.17% 30.97%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $152.8M $150.6M $174.4M
YoY Change
Total Liabilities & Shareholders Equity $2.215B $2.065B $1.874B
YoY Change 27.64% 25.95%

Cashflow Statement

Concept 2019 Q4 2019 Q3 2019 Q2
OPERATING ACTIVITIES
Net Income $5.182M $3.880M $3.535M
YoY Change -639.79% 16.87% -18.17%
Depreciation, Depletion And Amortization $410.0K $330.0K $330.0K
YoY Change 13.89% -8.33% -53.52%
Cash From Operating Activities -$28.15M -$86.40M -$30.40M
YoY Change -45.28% -654.56% -17.01%
INVESTING ACTIVITIES
Capital Expenditures -$500.0K -$600.0K -$560.0K
YoY Change 4.17% 66.67% -34.88%
Acquisitions
YoY Change
Other Investing Activities -$86.40M -$90.48M -$75.44M
YoY Change 22.92% 12.45% -35.93%
Cash From Investing Activities -$86.90M -$91.08M -$76.00M
YoY Change 22.79% 12.69% -35.92%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 130.6M 173.8M 103.1M
YoY Change 25.16% 100.21% -32.36%
NET CHANGE
Cash From Operating Activities -28.15M -86.40M -30.40M
Cash From Investing Activities -86.90M -91.08M -76.00M
Cash From Financing Activities 130.6M 173.8M 103.1M
Net Change In Cash 15.55M -3.640M -3.290M
YoY Change -187.07% -116.86% 17.92%
FREE CASH FLOW
Cash From Operating Activities -$28.15M -$86.40M -$30.40M
Capital Expenditures -$500.0K -$600.0K -$560.0K
Free Cash Flow -$27.65M -$85.80M -$29.84M
YoY Change -45.74% -638.27% -16.58%

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CY2018 us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
148825000
CY2020 us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
80858000
CY2019 us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
192523000
CY2018 us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
76819000
CY2020 us-gaap Payments To Purchase Loans Held For Sale
PaymentsToPurchaseLoansHeldForSale
1232000
CY2019 us-gaap Payments To Purchase Loans Held For Sale
PaymentsToPurchaseLoansHeldForSale
12919000
CY2018 us-gaap Payments To Purchase Loans Held For Sale
PaymentsToPurchaseLoansHeldForSale
3926000
CY2020 vel Repayments On Loans Held For Sale
RepaymentsOnLoansHeldForSale
19415000
CY2019 vel Repayments On Loans Held For Sale
RepaymentsOnLoansHeldForSale
25137000
CY2018 vel Repayments On Loans Held For Sale
RepaymentsOnLoansHeldForSale
3541000
CY2020 vel Net Accretion Of Discount On Purchased Loans And Deferred Loan Origination Costs
NetAccretionOfDiscountOnPurchasedLoansAndDeferredLoanOriginationCosts
4587000
CY2019 vel Net Accretion Of Discount On Purchased Loans And Deferred Loan Origination Costs
NetAccretionOfDiscountOnPurchasedLoansAndDeferredLoanOriginationCosts
4904000
CY2018 vel Net Accretion Of Discount On Purchased Loans And Deferred Loan Origination Costs
NetAccretionOfDiscountOnPurchasedLoansAndDeferredLoanOriginationCosts
3519000
CY2020 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
871000
CY2019 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
112000
CY2018 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
56000
CY2020 us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
6911000
CY2019 us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
4119000
CY2018 us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
709000
CY2020 vel Real Estate Acquired Through Foreclosure In Excess Of Recorded Investment
RealEstateAcquiredThroughForeclosureInExcessOfRecordedInvestment
665000
CY2019 vel Real Estate Acquired Through Foreclosure In Excess Of Recorded Investment
RealEstateAcquiredThroughForeclosureInExcessOfRecordedInvestment
291000
CY2018 vel Real Estate Acquired Through Foreclosure In Excess Of Recorded Investment
RealEstateAcquiredThroughForeclosureInExcessOfRecordedInvestment
491000
CY2020 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
16156000
CY2019 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
10442000
CY2018 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
7360000
CY2020 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-42000
CY2019 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-322000
CY2018 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-100000
CY2020 vel Change In Valuation Of Real Estate Owned
ChangeInValuationOfRealEstateOwned
1734000
CY2019 vel Change In Valuation Of Real Estate Owned
ChangeInValuationOfRealEstateOwned
1631000
CY2018 vel Change In Valuation Of Real Estate Owned
ChangeInValuationOfRealEstateOwned
888000
CY2020 vel Increase Decrease In Valuation Of Fair Value Loans
IncreaseDecreaseInValuationOfFairValueLoans
442000
CY2019 vel Increase Decrease In Valuation Of Fair Value Loans
IncreaseDecreaseInValuationOfFairValueLoans
-9000
CY2018 vel Increase Decrease In Valuation Of Fair Value Loans
IncreaseDecreaseInValuationOfFairValueLoans
241000
CY2020 vel Increase Decrease In Valuation Of Held For Sale Loans
IncreaseDecreaseInValuationOfHeldForSaleLoans
328000
CY2019 vel Increase Decrease In Valuation Of Held For Sale Loans
IncreaseDecreaseInValuationOfHeldForSaleLoans
-224000
CY2020 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
644000
CY2019 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
207000
CY2018 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
640000
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
965000
CY2020 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-1667000
CY2019 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
7763000
CY2018 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
517000
CY2020 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
5603000
CY2019 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
14452000
CY2018 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
16248000
CY2020 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
-4074000
CY2019 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
3234000
CY2018 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
3045000
CY2020 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
11058000
CY2019 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
18314000
CY2018 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
434000
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
54892000
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-105336000
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-72485000
CY2020 us-gaap Payments To Acquire Loans Held For Investment
PaymentsToAcquireLoansHeldForInvestment
3571000
CY2019 us-gaap Payments To Acquire Loans Held For Investment
PaymentsToAcquireLoansHeldForInvestment
9276000
CY2018 us-gaap Payments To Acquire Loans Held For Investment
PaymentsToAcquireLoansHeldForInvestment
16868000
CY2020 us-gaap Proceeds From Sale Of Loans And Leases Held For Investment
ProceedsFromSaleOfLoansAndLeasesHeldForInvestment
99601000
CY2020 us-gaap Proceeds From Principal Repayments On Loans And Leases Held For Investment
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
341971000
CY2020 vel Repayment Of Securitizations
RepaymentOfSecuritizations
398324000
CY2019 vel Repayment Of Securitizations
RepaymentOfSecuritizations
371447000
CY2018 vel Proceeds Of Securitizations Net
ProceedsOfSecuritizationsNet
535506000
CY2019 us-gaap Proceeds From Principal Repayments On Loans And Leases Held For Investment
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
379286000
CY2018 us-gaap Proceeds From Principal Repayments On Loans And Leases Held For Investment
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
334679000
CY2020 us-gaap Proceeds From Sale Of Wholly Owned Real Estate And Real Estate Acquired In Settlement Of Loans
ProceedsFromSaleOfWhollyOwnedRealEstateAndRealEstateAcquiredInSettlementOfLoans
7469000
CY2018 us-gaap Proceeds From Sale Of Wholly Owned Real Estate And Real Estate Acquired In Settlement Of Loans
ProceedsFromSaleOfWhollyOwnedRealEstateAndRealEstateAcquiredInSettlementOfLoans
6185000
CY2019 us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
961000
CY2019 vel Payments For Capitalized Real Estate Owned Improvements
PaymentsForCapitalizedRealEstateOwnedImprovements
1122000
CY2018 vel Payments For Capitalized Real Estate Owned Improvements
PaymentsForCapitalizedRealEstateOwnedImprovements
398000
CY2020 us-gaap Repayments Of Advances For Construction
RepaymentsOfAdvancesForConstruction
8709000
CY2019 us-gaap Repayments Of Advances For Construction
RepaymentsOfAdvancesForConstruction
1549000
CY2018 us-gaap Repayments Of Advances For Construction
RepaymentsOfAdvancesForConstruction
1080000
CY2020 vel Increase Decrease In Impounds And Deposits
IncreaseDecreaseInImpoundsAndDeposits
-3843000
CY2019 vel Increase Decrease In Impounds And Deposits
IncreaseDecreaseInImpoundsAndDeposits
5029000
CY2018 vel Increase Decrease In Impounds And Deposits
IncreaseDecreaseInImpoundsAndDeposits
4335000
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
726000
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
882000
CY2018 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1303000
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
87739000
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-305934000
CY2018 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-270196000
CY2020 vel Proceeds From Warehouse Repurchase Facilities
ProceedsFromWarehouseRepurchaseFacilities
420196000
CY2019 vel Proceeds From Warehouse Repurchase Facilities
ProceedsFromWarehouseRepurchaseFacilities
961658000
CY2018 vel Proceeds From Warehouse Repurchase Facilities
ProceedsFromWarehouseRepurchaseFacilities
658536000
CY2020 vel Repayment Of Warehouse Repurchase Facilities
RepaymentOfWarehouseRepurchaseFacilities
766679000
CY2019 vel Repayment Of Warehouse Repurchase Facilities
RepaymentOfWarehouseRepurchaseFacilities
755997000
CY2018 vel Repayment Of Warehouse Repurchase Facilities
RepaymentOfWarehouseRepurchaseFacilities
527883000
CY2019 us-gaap Proceeds From Repayments Of Secured Debt
ProceedsFromRepaymentsOfSecuredDebt
153000000
CY2020 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
75000000
CY2019 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
127594000
CY2020 vel Proceeds Of Securitizations Net
ProceedsOfSecuritizationsNet
536687000
CY2019 vel Proceeds Of Securitizations Net
ProceedsOfSecuritizationsNet
608121000
CY2018 vel Repayment Of Securitizations
RepaymentOfSecuritizations
314682000
CY2020 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
8869000
CY2019 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
17882000
CY2018 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
7846000
CY2019 us-gaap Payments For Repurchase Of Preferred Stock And Preference Stock
PaymentsForRepurchaseOfPreferredStockAndPreferenceStock
27714000
CY2020 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
41044000
CY2020 us-gaap Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
2158000
CY2020 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
100800000
CY2020 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
1903000
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-149890000
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
422145000
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
343631000
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-7259000
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
10875000
CY2018 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
950000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
27552000
CY2020 us-gaap Interest Paid Net
InterestPaidNet
85407000
CY2018 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
13217000
CY2020 vel Transfer Of Loans Held For Investment To Loans Held For Sale
TransferOfLoansHeldForInvestmentToLoansHeldForSale
-110678000
CY2020 us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
9747000
CY2019 us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
11369000
CY2018 us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
7389000
CY2020 vel Capitalized Interest On Loans Held For Investment
CapitalizedInterestOnLoansHeldForInvestment
7814000
CY2020 us-gaap Transfer Of Portfolio Loans And Leases To Held For Sale1
TransferOfPortfolioLoansAndLeasesToHeldForSale1
213609000
CY2020 vel Deferred Offering Costs Charged Against Additional Paid In Capital
DeferredOfferingCostsChargedAgainstAdditionalPaidInCapital
-4000000
CY2019 vel Discount Premium On Issuance Of Securitizations
DiscountPremiumOnIssuanceOfSecuritizations
37000
CY2018 vel Discount Premium On Issuance Of Securitizations
DiscountPremiumOnIssuanceOfSecuritizations
-1222000
CY2020 us-gaap Use Of Estimates
UseOfEstimates
<p style="margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-style:italic;font-family:Times New Roman;font-size:10pt;text-transform:none;font-variant: normal;">Use of Estimates</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:5.24%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosures of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of consolidated income and expenses during the reporting period.</p>
CY2019Q4 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
12286000
CY2019Q4 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
913000
CY2020 dei Entity Incorporation Date Of Incorporation
EntityIncorporationDateOfIncorporation
2012-07-09
CY2020Q4 us-gaap Minimum Net Worth Required For Compliance
MinimumNetWorthRequiredForCompliance
250000
CY2020Q4 vel Off Balance Sheet Assets Liabilities
OffBalanceSheetAssetsLiabilities
0
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
15008000
CY2018Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
1669000
CY2020Q4 vel Loans Held For Sale Principal Balance
LoansHeldForSalePrincipalBalance
12929000
CY2019Q4 vel Loans Held For Sale Principal Balance
LoansHeldForSalePrincipalBalance
216054000
CY2020 us-gaap Increase Decrease In Loans Held For Sale
IncreaseDecreaseInLoansHeldForSale
-17000
CY2019 us-gaap Increase Decrease In Loans Held For Sale
IncreaseDecreaseInLoansHeldForSale
-396000
CY2020 vel Loans Held For Sale Deferred Loan Origination Costs
LoansHeldForSaleDeferredLoanOriginationCosts
-194000
CY2019 vel Loans Held For Sale Deferred Loan Origination Costs
LoansHeldForSaleDeferredLoanOriginationCosts
1191000
CY2020Q4 us-gaap Loans Pledged As Collateral
LoansPledgedAsCollateral
91074000
CY2019Q4 us-gaap Loans Pledged As Collateral
LoansPledgedAsCollateral
287524000
CY2020Q4 vel Securitizations Issued
SecuritizationsIssued
1852554000
CY2019Q4 vel Securitizations Issued
SecuritizationsIssued
1549610000
CY2019Q4 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
0
CY2020Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
336236000
CY2020Q4 us-gaap Financing Receivable Nonaccrual No Allowance
FinancingReceivableNonaccrualNoAllowance
314228000
CY2020Q4 vel Financing Receivable Nonaccrual With Allowance For Loan Loss
FinancingReceivableNonaccrualWithAllowanceForLoanLoss
22008000
CY2020Q4 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
2668000
CY2020Q4 us-gaap Financing Receivable Nonaccrual Percent Past Due1
FinancingReceivableNonaccrualPercentPastDue1
0.121
CY2020Q4 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
1979000
CY2020Q4 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
173000
CY2019Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
125819000
CY2019Q4 vel Percentage Of Originated Loans Held For Investment
PercentageOfOriginatedLoansHeldForInvestment
0.067
CY2019Q4 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
124050000
CY2019Q4 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
125998000
CY2019Q4 vel Specific Allowance As Percentage Of Recorded Investment Of Impaired Loans Requiring Specific Allowance
SpecificAllowanceAsPercentageOfRecordedInvestmentOfImpairedLoansRequiringSpecificAllowance
0.074
CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
1327000
CY2019Q4 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
113712000
CY2019Q4 vel Percentage Of Recorded Investment Of Impaired Loans Not Recurring Specific Allowance
PercentageOfRecordedInvestmentOfImpairedLoansNotRecurringSpecificAllowance
0.902
CY2019Q4 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
179000
CY2019 us-gaap Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
179000
CY2019 us-gaap Financing Receivables Impaired Troubled Debt Restructuring Write Down
FinancingReceivablesImpairedTroubledDebtRestructuringWriteDown
25000
CY2020 vel Financing Receivable Amortized Cost
FinancingReceivableAmortizedCost
1953934000
CY2020 us-gaap Financing Receivable Accrued Interest Writeoff
FinancingReceivableAccruedInterestWriteoff
-10897000
CY2019 vel Financing Receivable Amortized Cost
FinancingReceivableAmortizedCost
1865585000
CY2019 us-gaap Financing Receivable Accrued Interest Writeoff
FinancingReceivableAccruedInterestWriteoff
-3495000
CY2020 us-gaap Financing Receivable Nonaccrual Interest Income
FinancingReceivableNonaccrualInterestIncome
54000
CY2019 us-gaap Financing Receivable Nonaccrual Interest Income
FinancingReceivableNonaccrualInterestIncome
54000
CY2020 us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Cash Basis Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeCashBasisMethod
17500000
CY2019 us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Cash Basis Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeCashBasisMethod
12700000
CY2020 us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
250000000
CY2019 us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
111200000
CY2020Q4 vel Increase Allowance For Loan Losses
IncreaseAllowanceForLoanLosses
5800000
CY2020Q1 vel Increase Allowance For Loan Losses
IncreaseAllowanceForLoanLosses
2400000
CY2019Q4 vel Financing Receivable Allowance For Credit Losses Prior To Adoption Of Accounting Standards Update
FinancingReceivableAllowanceForCreditLossesPriorToAdoptionOfAccountingStandardsUpdate
2240000
CY2018Q4 vel Financing Receivable Allowance For Credit Losses Prior To Adoption Of Accounting Standards Update
FinancingReceivableAllowanceForCreditLossesPriorToAdoptionOfAccountingStandardsUpdate
1680000
CY2020 vel Financing Receivable Allowance For Credit Losses Impact Of Adopting Accounting Standards Update
FinancingReceivableAllowanceForCreditLossesImpactOfAdoptingAccountingStandardsUpdate
137000
CY2020Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
2377000
CY2019Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
1680000
CY2020 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
1600000
CY2019 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
579000
CY2020Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
5845000
CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
2240000
CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
913000
CY2020Q4 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
3176000
CY2020Q4 vel Financing Receivable Individually Evaluated For Impairment Amortized Cost
FinancingReceivableIndividuallyEvaluatedForImpairmentAmortizedCost
336236000
CY2019Q4 vel Financing Receivable Individually Evaluated For Impairment Amortized Cost
FinancingReceivableIndividuallyEvaluatedForImpairmentAmortizedCost
125998000
CY2020Q4 vel Financing Receivable Collectively Evaluated For Impairment Amortized Cost
FinancingReceivableCollectivelyEvaluatedForImpairmentAmortizedCost
1617698000
CY2019Q4 vel Financing Receivable Collectively Evaluated For Impairment Amortized Cost
FinancingReceivableCollectivelyEvaluatedForImpairmentAmortizedCost
1739587000
CY2020 us-gaap Heldtomaturity Securities In Unrealized Loss Positions Qualitative Disclosure Other Percentage Of Nonperforming Assets
HeldtomaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureOtherPercentageOfNonperformingAssets
1.031
CY2019 us-gaap Heldtomaturity Securities In Unrealized Loss Positions Qualitative Disclosure Other Percentage Of Nonperforming Assets
HeldtomaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureOtherPercentageOfNonperformingAssets
1.024
CY2019Q4 vel Mortgage Loans On Real Estate Accrual
MortgageLoansOnRealEstateAccrual
2059344000
CY2019Q4 vel Mortgage Loans On Real Estate Nonaccrual
MortgageLoansOnRealEstateNonaccrual
155824000
CY2020 vel Aggregate Cost Of Mortgage Loans Federal Income Tax
AggregateCostOfMortgageLoansFederalIncomeTax
1968579
CY2019 vel Aggregate Cost Of Mortgage Loans Federal Income Tax
AggregateCostOfMortgageLoansFederalIncomeTax
2082426
CY2020Q4 vel Unpaid Principal Balance
UnpaidPrincipalBalance
178000000
CY2019Q4 vel Unpaid Principal Balance
UnpaidPrincipalBalance
217500000
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
10496000
CY2019Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
9831000
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
6351000
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
5151000
CY2019Q4 us-gaap Other Real Estate
OtherRealEstate
13068000
CY2018Q4 us-gaap Other Real Estate
OtherRealEstate
7167000
CY2020 us-gaap Other Real Estate Additions
OtherRealEstateAdditions
10412000
CY2019 us-gaap Other Real Estate Additions
OtherRealEstateAdditions
11661000
CY2020 us-gaap Other Real Estate Improvements
OtherRealEstateImprovements
846000
CY2019 us-gaap Other Real Estate Improvements
OtherRealEstateImprovements
1122000
CY2020 us-gaap Other Real Estate Disposals
OtherRealEstateDisposals
6825000
CY2019 us-gaap Other Real Estate Disposals
OtherRealEstateDisposals
4290000
CY2019 us-gaap Other Real Estate Period Increase Decrease
OtherRealEstatePeriodIncreaseDecrease
-961000
CY2020 us-gaap Other Real Estate Valuation Adjustments
OtherRealEstateValuationAdjustments
1734000
CY2020Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
1261000
CY2019Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
1574000
CY2020Q4 vel Interest Only Strips And Deposits
InterestOnlyStripsAndDeposits
642000
CY2020Q4 us-gaap Other Real Estate
OtherRealEstate
15767000
CY2019Q4 vel Interest Only Strips And Deposits
InterestOnlyStripsAndDeposits
1086000
CY2019Q4 us-gaap Other Deferred Costs Net
OtherDeferredCostsNet
4000000
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
4780000
CY2020 vel Other Real Estate Operating Income
OtherRealEstateOperatingIncome
-444000
CY2019 vel Other Real Estate Operating Income
OtherRealEstateOperatingIncome
-242000
CY2018 vel Other Real Estate Operating Income
OtherRealEstateOperatingIncome
-2000
CY2020 vel Other Real Estate Operating Expenses
OtherRealEstateOperatingExpenses
-2010000
CY2019 vel Other Real Estate Operating Expenses
OtherRealEstateOperatingExpenses
-1465000
CY2018 vel Other Real Estate Operating Expenses
OtherRealEstateOperatingExpenses
-1127000
CY2018 us-gaap Other Real Estate Valuation Adjustments
OtherRealEstateValuationAdjustments
888000
CY2020 us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
-644000
CY2019 us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
-207000
CY2018 us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
-640000
CY2020 vel Other Real Estate Net
OtherRealEstateNet
-2656000
CY2019 vel Other Real Estate Net
OtherRealEstateNet
-2647000
CY2018 vel Other Real Estate Net
OtherRealEstateNet
-1373000
CY2020 vel Gross Gains On Sales Of Properties Sold Other Real Estate
GrossGainsOnSalesOfPropertiesSoldOtherRealEstate
14
CY2019 us-gaap Other Real Estate Valuation Adjustments
OtherRealEstateValuationAdjustments
1631000
CY2019 vel Gross Gains On Sales Of Properties Sold Other Real Estate
GrossGainsOnSalesOfPropertiesSoldOtherRealEstate
10
CY2018 vel Gross Gains On Sales Of Properties Sold Other Real Estate
GrossGainsOnSalesOfPropertiesSoldOtherRealEstate
13
CY2020 vel Gross Losses On Sales Of Properties Sold Other Real Estate
GrossLossesOnSalesOfPropertiesSoldOtherRealEstate
9
CY2019 vel Gross Losses On Sales Of Properties Sold Other Real Estate
GrossLossesOnSalesOfPropertiesSoldOtherRealEstate
5
CY2018 vel Gross Losses On Sales Of Properties Sold Other Real Estate
GrossLossesOnSalesOfPropertiesSoldOtherRealEstate
2
CY2020 vel Total Sales Of Properties Sold Other Real Estate
TotalSalesOfPropertiesSoldOtherRealEstate
23
CY2019 vel Total Sales Of Properties Sold Other Real Estate
TotalSalesOfPropertiesSoldOtherRealEstate
15
CY2018 vel Total Sales Of Properties Sold Other Real Estate
TotalSalesOfPropertiesSoldOtherRealEstate
15
CY2020 vel Gross Gains On Sales Of Other Real Estate
GrossGainsOnSalesOfOtherRealEstate
837000
CY2019 vel Gross Gains On Sales Of Other Real Estate
GrossGainsOnSalesOfOtherRealEstate
320000
CY2018 vel Gross Gains On Sales Of Other Real Estate
GrossGainsOnSalesOfOtherRealEstate
649000
CY2020 vel Gross Losses On Sales Of Other Real Estate
GrossLossesOnSalesOfOtherRealEstate
193000
CY2019 vel Gross Losses On Sales Of Other Real Estate
GrossLossesOnSalesOfOtherRealEstate
113000
CY2018 vel Gross Losses On Sales Of Other Real Estate
GrossLossesOnSalesOfOtherRealEstate
9000
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
6007000
CY2020Q4 vel Appraisal Fees For Loans In Process
AppraisalFeesForLoansInProcess
96000
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0601
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0601
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y7M6D
CY2020 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
1500000
CY2019 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
1300000
CY2020Q4 us-gaap Operating Lease Liability Statement Of Financial Position Extensible List
OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList
us-gaap:OtherLiabilitiesMember
CY2019Q4 us-gaap Operating Lease Liability Statement Of Financial Position Extensible List
OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList
us-gaap:OtherLiabilitiesMember
CY2020 us-gaap Operating Lease Payments
OperatingLeasePayments
1524000
CY2019 us-gaap Operating Lease Payments
OperatingLeasePayments
1267000
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
7061000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
1602000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1582000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1394000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1066000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
55000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
5699000
CY2020Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
572000
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
5127000
CY2020 vel Number Of Securitizations
NumberOfSecuritizations
15
CY2020Q4 us-gaap Principal Amount Outstanding On Loans Securitized
PrincipalAmountOutstandingOnLoansSecuritized
3400000000
us-gaap Proceeds From Issuance Of Trust Preferred Securities
ProceedsFromIssuanceOfTrustPreferredSecurities
3100000000
CY2020Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
3414985000
CY2019 vel Effective Income Tax Rate Reconciliation Permanent Items Percent
EffectiveIncomeTaxRateReconciliationPermanentItemsPercent
0.002
CY2019Q4 vel Deferred Tax Liabilities Right Of Use Assets
DeferredTaxLiabilitiesRightOfUseAssets
1945000
CY2020Q4 vel Securities Issued On Real Estate
SecuritiesIssuedOnRealEstate
3057994000
CY2020Q4 vel Securities Retained On Real Estate As Of Issuance Date
SecuritiesRetainedOnRealEstateAsOfIssuanceDate
356992000
CY2020Q4 vel Securities Retained On Real Estate Net
SecuritiesRetainedOnRealEstateNet
228031000
CY2019Q4 vel Securities Retained On Real Estate Net
SecuritiesRetainedOnRealEstateNet
112369000
CY2020 vel Trust Collapsed Period
TrustCollapsedPeriod
2019-07
CY2020Q4 vel Securitizations Outstanding Bond Balance
SecuritizationsOutstandingBondBalance
1602918000
CY2019Q4 vel Securitizations Outstanding Bond Balance
SecuritizationsOutstandingBondBalance
1457548000
CY2020 vel Lines Of Credit Fund Maximum Percentage Of Principle Balance Of Mortgage Loans
LinesOfCreditFundMaximumPercentageOfPrincipleBalanceOfMortgageLoans
1.00
CY2020 vel Debt Instrument Average Rate
DebtInstrumentAverageRate
0.0431
CY2019 vel Debt Instrument Average Rate
DebtInstrumentAverageRate
0.0526
CY2020 vel Debt Issuance Cost Amortization Percentage
DebtIssuanceCostAmortizationPercentage
0.0066
CY2019 vel Debt Issuance Cost Amortization Percentage
DebtIssuanceCostAmortizationPercentage
0.0038
CY2020 us-gaap Interest Expense Debt
InterestExpenseDebt
99875000
CY2019 us-gaap Interest Expense Debt
InterestExpenseDebt
98521000
CY2018Q1 us-gaap Income Tax Examination Increase Decrease In Liability From Prior Year
IncomeTaxExaminationIncreaseDecreaseInLiabilityFromPriorYear
5500000
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
4454000
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
9552000
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
-769000
CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
6317000
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
3685000
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
15869000
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
564000
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-5150000
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
1103000
CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-2613000
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
1667000
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-7763000
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2020 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.086
CY2019 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.008
CY2020 vel Effective Income Tax Rate Reconciliation Permanent Items Percent
EffectiveIncomeTaxRateReconciliationPermanentItemsPercent
0.001
CY2020 vel Effective Income Tax Rate Reconciliation Federal True Ups Percent
EffectiveIncomeTaxRateReconciliationFederalTrueUpsPercent
0.005
CY2019 vel Effective Income Tax Rate Reconciliation Federal True Ups Percent
EffectiveIncomeTaxRateReconciliationFederalTrueUpsPercent
-0.009
CY2020 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.004
CY2019 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.009
CY2020 vel Effective Income Tax Rate Reconciliation Change In Unrecognized Tax Benefit
EffectiveIncomeTaxRateReconciliationChangeInUnrecognizedTaxBenefit
-0.079
CY2019 vel Effective Income Tax Rate Reconciliation Change In Unrecognized Tax Benefit
EffectiveIncomeTaxRateReconciliationChangeInUnrecognizedTaxBenefit
0.117
CY2020 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
0.012
CY2020 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.231
CY2019 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.319
CY2020Q4 us-gaap Deferred Tax Assets Hedging Transactions
DeferredTaxAssetsHedgingTransactions
5363000
CY2019Q4 us-gaap Deferred Tax Assets Hedging Transactions
DeferredTaxAssetsHedgingTransactions
14908000
CY2020Q4 vel Deferred Tax Assets Mark To Market Loans
DeferredTaxAssetsMarkToMarketLoans
3052000
CY2019Q4 vel Deferred Tax Assets Mark To Market Loans
DeferredTaxAssetsMarkToMarketLoans
2610000
CY2020Q4 us-gaap Deferred Tax Assets Deferred Gain On Sale Leaseback Transaction
DeferredTaxAssetsDeferredGainOnSaleLeasebackTransaction
1462000
CY2019Q4 us-gaap Deferred Tax Assets Deferred Gain On Sale Leaseback Transaction
DeferredTaxAssetsDeferredGainOnSaleLeasebackTransaction
2044000
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
275000
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
183000
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
196000
CY2020Q4 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
10000
CY2019Q4 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
13000
CY2019Q4 us-gaap Deferred Tax Assets State Taxes
DeferredTaxAssetsStateTaxes
200000
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Provision For Loan Losses
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsProvisionForLoanLosses
725000
CY2020Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
83000
CY2020Q4 us-gaap Deferred Tax Liabilities Deferred Expense Deferred Financing Costs
DeferredTaxLiabilitiesDeferredExpenseDeferredFinancingCosts
1014000
CY2019Q4 us-gaap Deferred Tax Liabilities Deferred Expense Deferred Financing Costs
DeferredTaxLiabilitiesDeferredExpenseDeferredFinancingCosts
8688000
CY2020Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
975000
CY2020Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
10428000
CY2019Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
20696000
CY2020Q4 vel Deferred Tax Liabilities Right Of Use Assets
DeferredTaxLiabilitiesRightOfUseAssets
1363000
CY2019Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
1138000
CY2020Q4 vel Deferred Tax Liabilities Deferred State Tax
DeferredTaxLiabilitiesDeferredStateTax
341000
CY2020Q4 vel Deferred Tax Liabilities Real Estate Owned
DeferredTaxLiabilitiesRealEstateOwned
81000
CY2019Q4 vel Deferred Tax Liabilities Real Estate Owned
DeferredTaxLiabilitiesRealEstateOwned
45000
CY2019Q4 vel Deferred Tax Liabilities Purchase Pool Market Discount
DeferredTaxLiabilitiesPurchasePoolMarketDiscount
600000
CY2020Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
3774000
CY2019Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
12416000
CY2020Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
6654000
CY2019Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
8280000
CY2020Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
0
CY2019Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
0
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
1860000
CY2019Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
3559000
CY2020Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
1400000
CY2020Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
500000
CY2019Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
1000000
CY2020 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
-500000
CY2019 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
1000000
CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
46000
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
1855000
CY2020 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
1745000
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
1704000
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
795000
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
10000
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
785000
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
785000
CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
12.89
CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
13.00
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
12.89
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P9Y1M6D
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P9Y1M6D
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P9Y1M6D
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
0
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Requisite Service Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardRequisiteServicePeriod1
P3Y
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Method Of Measuring Cost Of Award
ShareBasedCompensationArrangementByShareBasedPaymentAwardMethodOfMeasuringCostOfAward
Compensation expense related to stock options is based on the fair value of the underlying stock on the award date and is recognized over the vesting period using the straight-line method
CY2020 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
900000
CY2020Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
2100000
CY2020Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
785000
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
12.89
CY2020 us-gaap Dividends Preferred Stock Stock
DividendsPreferredStockStock
48955000
CY2020 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
CY2020 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-31178000
CY2020 vel Dilutive Effect Of Warrants
DilutiveEffectOfWarrants
CY2020 vel Diluted Effect Of Stock Option
DilutedEffectOfStockOption
CY2020 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
15486437
CY2020Q2 us-gaap Proceeds From Issuance Of Preferred Stock Preference Stock And Warrants
ProceedsFromIssuanceOfPreferredStockPreferenceStockAndWarrants
43200000
CY2020Q4 vel Number Of Directors Right To Elect By Preferred Stock Holders
NumberOfDirectorsRightToElectByPreferredStockHolders
2
CY2020 vel Initial Conversion Price Per Share
InitialConversionPricePerShare
3.85
CY2020 vel Common Stock Applicable Conversion Rate Price
CommonStockApplicableConversionRatePrice
1000
CY2020Q4 vel Percentage Of Common Stock Held By Warrant Holder And Affiliates
PercentageOfCommonStockHeldByWarrantHolderAndAffiliates
0.49
CY2020 us-gaap Debt Instrument Redemption Description
DebtInstrumentRedemptionDescription
Preferred becomes redeemable at any time after 2.5 years from the Closing Date of April 7, 2020
CY2020 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
476000
CY2019 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
366000
CY2018 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
367000
CY2019Q3 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
14372000
CY2019 vel Data Processing And Telecommunications Expenses
DataProcessingAndTelecommunicationsExpenses
2094000
CY2020Q2 vel Interest Income Now Accounts Money Market Accounts And Savings Deposits Net
InterestIncomeNOWAccountsMoneyMarketAccountsAndSavingsDepositsNet
18566000
CY2020 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
578000
CY2019 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
1307000
CY2018 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
1052000
CY2020 vel Data Processing And Telecommunications Expenses
DataProcessingAndTelecommunicationsExpenses
2150000
CY2018 vel Data Processing And Telecommunications Expenses
DataProcessingAndTelecommunicationsExpenses
1704000
CY2020 vel Office Expenses
OfficeExpenses
1579000
CY2019 vel Office Expenses
OfficeExpenses
1891000
CY2018 vel Office Expenses
OfficeExpenses
1896000
CY2020 us-gaap Taxes And Licenses
TaxesAndLicenses
2179000
CY2019 us-gaap Taxes And Licenses
TaxesAndLicenses
470000
CY2018 us-gaap Taxes And Licenses
TaxesAndLicenses
376000
CY2020 vel Other Operating Expense
OtherOperatingExpense
1914000
CY2019 vel Other Operating Expense
OtherOperatingExpense
219000
CY2018 vel Other Operating Expense
OtherOperatingExpense
285000
CY2020 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
8400000
CY2019 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
5981000
CY2018 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
5313000
CY2020Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
49990000
CY2019Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
242762000
CY2020Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
19300000
CY2019Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
11400000
CY2020Q4 us-gaap Interest And Fee Income Loans And Leases Held In Portfolio
InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio
41556000
CY2020Q3 us-gaap Interest And Fee Income Loans And Leases Held In Portfolio
InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio
41374000
CY2020Q2 us-gaap Interest And Fee Income Loans And Leases Held In Portfolio
InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio
39755000
CY2020Q1 us-gaap Interest And Fee Income Loans And Leases Held In Portfolio
InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio
44637000
CY2019Q4 us-gaap Interest And Fee Income Loans And Leases Held In Portfolio
InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio
44124000
CY2019Q3 us-gaap Interest And Fee Income Loans And Leases Held In Portfolio
InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio
40379000
CY2019Q2 us-gaap Interest And Fee Income Loans And Leases Held In Portfolio
InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio
36884000
CY2019Q1 us-gaap Interest And Fee Income Loans And Leases Held In Portfolio
InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio
36143000
CY2020Q4 us-gaap Interest Expense Now Accounts Money Market Accounts And Savings Deposits
InterestExpenseNOWAccountsMoneyMarketAccountsAndSavingsDeposits
21442000
CY2020Q3 us-gaap Interest Expense Now Accounts Money Market Accounts And Savings Deposits
InterestExpenseNOWAccountsMoneyMarketAccountsAndSavingsDeposits
22347000
CY2020Q2 us-gaap Interest Expense Now Accounts Money Market Accounts And Savings Deposits
InterestExpenseNOWAccountsMoneyMarketAccountsAndSavingsDeposits
21189000
CY2020Q1 us-gaap Interest Expense Now Accounts Money Market Accounts And Savings Deposits
InterestExpenseNOWAccountsMoneyMarketAccountsAndSavingsDeposits
22848000
CY2019Q4 us-gaap Interest Expense Now Accounts Money Market Accounts And Savings Deposits
InterestExpenseNOWAccountsMoneyMarketAccountsAndSavingsDeposits
22689000
CY2019Q3 us-gaap Interest Expense Now Accounts Money Market Accounts And Savings Deposits
InterestExpenseNOWAccountsMoneyMarketAccountsAndSavingsDeposits
21827000
CY2019Q2 us-gaap Interest Expense Now Accounts Money Market Accounts And Savings Deposits
InterestExpenseNOWAccountsMoneyMarketAccountsAndSavingsDeposits
20324000
CY2019Q1 us-gaap Interest Expense Now Accounts Money Market Accounts And Savings Deposits
InterestExpenseNOWAccountsMoneyMarketAccountsAndSavingsDeposits
19062000
CY2020Q4 vel Interest Income Now Accounts Money Market Accounts And Savings Deposits Net
InterestIncomeNOWAccountsMoneyMarketAccountsAndSavingsDepositsNet
20114000
CY2020Q3 vel Interest Income Now Accounts Money Market Accounts And Savings Deposits Net
InterestIncomeNOWAccountsMoneyMarketAccountsAndSavingsDepositsNet
19027000
CY2020Q1 vel Interest Income Now Accounts Money Market Accounts And Savings Deposits Net
InterestIncomeNOWAccountsMoneyMarketAccountsAndSavingsDepositsNet
21789000
CY2019Q4 vel Interest Income Now Accounts Money Market Accounts And Savings Deposits Net
InterestIncomeNOWAccountsMoneyMarketAccountsAndSavingsDepositsNet
21435000
CY2019Q3 vel Interest Income Now Accounts Money Market Accounts And Savings Deposits Net
InterestIncomeNOWAccountsMoneyMarketAccountsAndSavingsDepositsNet
18552000
CY2019Q2 vel Interest Income Now Accounts Money Market Accounts And Savings Deposits Net
InterestIncomeNOWAccountsMoneyMarketAccountsAndSavingsDepositsNet
16560000
CY2019Q1 vel Interest Income Now Accounts Money Market Accounts And Savings Deposits Net
InterestIncomeNOWAccountsMoneyMarketAccountsAndSavingsDepositsNet
17081000
CY2020Q4 us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
1900000
CY2020Q3 us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
1913000
CY2020Q2 us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
1894000
CY2020Q1 us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
6342000
CY2019Q4 us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
4070000
CY2019Q3 us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
3842000
CY2019Q2 us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
3353000
CY2019Q1 us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
3353000
CY2020Q4 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
18214000
CY2020Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
17114000
CY2020Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
16672000
CY2020Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
15447000
CY2019Q4 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
17365000
CY2019Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
14710000
CY2019Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
13207000
CY2019Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
13728000
CY2020Q4 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
406000
CY2020Q3 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
1573000
CY2020Q2 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
1800000
CY2020Q1 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
1290000
CY2019Q4 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
242000
CY2019Q3 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
338000
CY2019Q2 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
212000
CY2019Q1 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
348000
CY2020Q4 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
17808000
CY2020Q3 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
15541000
CY2020Q2 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
14872000
CY2020Q1 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
14157000
CY2019Q4 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
17123000
CY2019Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
6601000
CY2019Q2 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
12995000
CY2019Q1 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
13380000
CY2020Q4 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
4691000
CY2020Q3 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
1349000
CY2020Q2 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-1339000
CY2020Q1 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
1620000
CY2019Q4 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
833000
CY2019Q3 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-212000
CY2019Q2 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
308000
CY2019Q1 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
1721000
CY2020Q4 us-gaap Noninterest Expense
NoninterestExpense
10746000
CY2020Q3 us-gaap Noninterest Expense
NoninterestExpense
11865000
CY2020Q2 us-gaap Noninterest Expense
NoninterestExpense
10908000
CY2020Q1 us-gaap Noninterest Expense
NoninterestExpense
12050000
CY2019Q4 us-gaap Noninterest Expense
NoninterestExpense
9814000
CY2019Q3 us-gaap Noninterest Expense
NoninterestExpense
8484000
CY2019Q2 us-gaap Noninterest Expense
NoninterestExpense
8324000
CY2019Q1 us-gaap Noninterest Expense
NoninterestExpense
8500000
CY2020Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
11753000
CY2020Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
5025000
CY2020Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
2625000
CY2020Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
3727000
CY2019Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
8142000
CY2019Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
5676000
CY2019Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
4979000
CY2020Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2177000
CY2020Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1544000
CY2020Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
484000
CY2020Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1148000
CY2019Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2960000
CY2019Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1796000
CY2019Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1444000
CY2019Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1906000
CY2020Q4 us-gaap Net Income Loss
NetIncomeLoss
9576000
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
3481000
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
2141000
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
2579000
CY2019Q4 us-gaap Net Income Loss
NetIncomeLoss
5182000
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
3880000
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
3535000
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
4695000

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