Marlin Business Services (MRLN) 10-Q 5 Aug 15 2015 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2015	Jul. 27, 2015
Document And Entity Information [Abstract]
Document Type	10-Q
Document period end date	Jun. 30, 2015
Amendment flag	false
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q2
Current fiscal year end date	--12-31
Entity central index key	1,260,968
Entity current reporting status	Yes
Entity filer category	Accelerated Filer
Entity registrant name	MARLIN BUSINESS SERVICES CORP.
Entity voluntary filers	No
Entity well known seasoned issuer	No
Entity common stock shares outstanding		12,771,110
Trading Symbol	MRLN

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
ASSETS
Cash and due from banks	$ 5,246	$ 2,437
Interest-earning deposits with banks	85,494	108,219
Total cash and cash equivalents	90,740	110,656
Time deposits	7,368	0
Restricted interest-earning deposits with banks	543	711
Securities available for sale (amortized cost of $6.4 million and $5.8 million at June 30, 2015 and December 31, 2014, respectively)	6,258	5,722
Net investment in leases and loans	641,082	629,507
Property and equipment, net	3,993	2,846
Property tax receivable	5,977	690
Other assets	9,011	8,317
Total assets	764,972	758,449
LIABILITIES AND STOCKHOLDERS EQUITY
Deposits	554,190	550,119
Other liabilities:
Sales and property taxes payable	6,335	2,739
Accounts payable and accrued expenses	12,066	14,406
Net deferred income tax liability	15,891	17,221
Total liabilities	588,482	584,485
Stockholders equity:
Common Stock, $0.01 par value; 75,000,000 shares authorized; 12,785,066 and 12,838,449 shares issued and outstanding at June 30, 2015 and December 31, 2014, respectively	128	128
Preferred Stock, $0.01 par value; 5,000,000 shares authorized; none issued	0	0
Additional paid-in capital	86,725	89,130
Stock subscription receivable	(2)	(2)
Accumulated other comprehensive income (loss)	(75)	(17)
Retained earnings	89,714	84,725
Total stockholders equity	176,490	173,964
Total liabilities and stockholders equity	$ 764,972	$ 758,449

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Parentheticals) (Unaudited) - USD ($) $ in Millions	Jun. 30, 2015	Dec. 31, 2014
Condensed Consolidated Balance Sheets [Abstract]
Available-for-sale securities, amortized cost	$ 6.4	$ 5.8
Common stock par value	$ 0.01	$ 0.01
Common stock shares authorized	75,000,000	75,000,000
Common stock shares issued	12,785,066	12,838,449
Common stock shares outstanding	12,785,066	12,838,449
Preferred stock - par or stated value	$ 0.01	$ 0.01
Preferred stock shares authorized	5,000,000	5,000,000
Preferred stock shares issued	0	0

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Condensed Consolidated Statements of Operations (Unaudited)
Interest income	$ 16,488	$ 16,740	$ 32,975	$ 33,477
Fee income	3,727	3,450	7,847	7,135
Interest and fee income	20,215	20,190	40,822	40,612
Interest expense	1,336	1,216	2,654	2,397
Net interest and fee income	18,879	18,974	38,168	38,215
Provision for credit losses	2,216	2,124	5,556	3,856
Net interest and fee income after provision for credit losses	16,663	16,850	32,612	34,359
Other income:
Insurance income	1,358	1,338	2,824	2,655
Other income	399	394	764	776
Other income	1,757	1,732	3,588	3,431
Other expense:
Salaries and benefits	7,265	6,463	14,232	13,649
General and administrative	4,330	3,969	8,423	8,158
Financing related costs	42	293	150	583
Other expense	11,637	10,725	22,805	22,390
Income before income taxes	6,783	7,857	13,395	15,400
Income tax expense	2,634	2,921	5,191	5,821
Net income	$ 4,149	$ 4,936	$ 8,204	$ 9,579
Basic earnings per share	$ 0.32	$ 0.38	$ 0.64	$ 0.74
Diluted earnings per share	0.32	0.38	0.64	0.74
Cash dividends declared and paid per share	$ 0.125	$ 0.11	$ 0.25	$ 0.22

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Comprehensive Income
Net income	$ 4,149	$ 4,936	$ 8,204	$ 9,579
Other Comprehensive Income (Loss)
Increase (decrease) in fair value of securities available for sale	(64)	137	(93)	247
Tax effect	24	(52)	35	(96)
Total other comprehensive income (loss)	(40)	85	(58)	151
Comprehensive Income	$ 4,109	$ 5,021	$ 8,146	$ 9,730

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($) $ in Thousands	Total	Common Stock [Member]	Additional Paid In Capital [Member]	Stock Subscription Receivable [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Retained Earnings [Member]
Balance at Dec. 31, 2013	$ 163,038	$ 130	$ 91,730	$ (2)	$ (257)	$ 71,437
Balance, Shares at Dec. 31, 2013		12,994,758
Issuance of common stock	253		253
Issuance of common stock, shares		14,428
Repurchase of common stock	(5,727)	$ (3)	(5,724)
Repurchase of common stock, shares		(283,064)
Exercise of stock options	154		154
Exercise of stock options, shares		14,469
Excess tax benefits from stock-based payment arrangements	754		754
Stock option compensation recognized	7		7
Restricted stock grant		$ 1	(1)
Restricted stock grant, shares		97,858
Restricted stock compensation recognized	1,957		1,957
Net change in unrealized gain/loss on securities available for sale, net of tax	240				240
Net income	19,350					19,350
Cash dividends paid	(6,062)					(6,062)
Balance at Dec. 31, 2014	$ 173,964	$ 128	89,130	(2)	(17)	84,725
Balance, Shares at Dec. 31, 2014	12,838,449	12,838,449
Issuance of common stock	$ 121		121
Issuance of common stock, shares		7,582
Repurchase of common stock	(4,622)	$ (2)	(4,620)
Repurchase of common stock, shares		(248,250)
Exercise of stock options	$ 557	$ 1	556
Exercise of stock options, shares	57,855	57,855
Excess tax benefits from stock-based payment arrangements	$ 317		317
Stock option compensation recognized	0		0
Restricted stock grant		$ 1	(1)
Restricted stock grant, shares		129,430
Restricted stock compensation recognized	1,222		1,222
Net change in unrealized gain/loss on securities available for sale, net of tax	(58)				(58)
Net income	8,204					8,204
Cash dividends paid	(3,215)					(3,215)
Balance at Jun. 30, 2015	$ 176,490	$ 128	$ 86,725	$ (2)	$ (75)	$ 89,714
Balance, Shares at Jun. 30, 2015	12,785,066

Condensed Consolidated Stateme7

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Cash flows from operating activities:
Net income	$ 8,204	$ 9,579
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	787	769
Stock-based compensation	1,222	1,326
Excess tax benefits from stock-based payment arrangements	(317)	(624)
Provision for credit losses	5,556	3,856
Net deferred income taxes	(1,367)	(294)
Amortization of deferred initial direct costs and fees	3,680	3,618
Deferred initial direct costs and fees	(3,874)	(3,464)
Loss on equipment disposed	216	991
Effect of changes in other operating items:
Other assets	(5,799)	(2,567)
Other liabilities	1,300	97
Net cash provided by operating activities	9,608	13,287
Cash flows from investing activities:
Net change in time deposits with banks	(7,368)	0
Purchases of equipment for direct financing lease contracts and funds used to originate loans	(175,013)	(163,276)
Principal collections on leases and loans	156,349	138,359
Security deposits collected, net of refunds	(139)	29
Proceeds from the sale of equipment	1,650	1,830
Acquisitions of property and equipment	(1,771)	(677)
Change in restricted interest-earning deposits with banks	168	310
Purchases of securities available for sale	(629)	(3)
Net cash provided by (used in) investing activities	(26,753)	(23,428)
Cash flows from financing activities:
Net change in deposits	4,071	28,892
Issuances of common stock	121	135
Repurchases of common stock	(4,622)	(3,762)
Dividends paid	(3,215)	(2,852)
Exercise of stock options	557	63
Excess tax benefits from stock-based payment arrangements	317	624
Net cash provided by (used in) financing activities	(2,771)	23,100
Net increase (decrease) in total cash and cash equivalents	(19,916)	12,959
Total cash and cash equivalents, beginning of period	110,656	85,653
Total cash and cash equivalents, end of period	90,740	98,612
Supplemental disclosures of cash flow information:
Cash paid for interest on deposits and borrowings	2,401	2,070
Net cash paid (received) for income taxes	$ 7,483	$ 4,780

The Company

The Company	6 Months Ended
	Jun. 30, 2015
The Company [Abstract]
Organization	NOTE 1 – The Company Description Marlin Business Services Corp. ( the “ Company”) is a bank holding company and a financial holding company regulated by the Federal Reserve Board under the Bank Holding Company Act. The Company was incorporated in the Commonwealth of Pennsylvania on August 5, 2003. Through its principal operating subsidi ary, Marlin Leasing Corporation (“MLC”), the Company provides equipment financing solutions nationwide, primarily to small and mid-sized businesses in a segment of the equipment leasing market commonly referred to in the industry as the “small-ticket” segm ent. The Company finances over 100 categories of commercial equipment important to its end user customers, including copiers, security systems, computers, telecommunications equipment and certain commercial and industrial equipment. In May 2000, we establi shed AssuranceOne , Ltd., a Bermuda-based, wholly-owned captive insurance subsidiary, which enables us to reinsure the property insurance coverage for the equipment financed by MLC and Marlin Business Bank (“MBB”) for our end user customers . Effective March 12, 2008, the Company opened MBB, a commercial bank chartered by the State of Utah and a member of the Federal Reserve System. MBB serves as the Company’s primary funding source through its issuance of Federal Deposit Insurance Corporation (“FDIC”)-insure d d eposit s . References to the “Company,” “Marlin,” “Registrant,” “we,” “us” and “our” herein refer to Marlin Business Services Corp. and its wholly-owned subsidiaries, unless the context otherwise requires.

Summary of Critical Accounting

Summary of Critical Accounting Policies	6 Months Ended
	Jun. 30, 2015
Summary of Critical Accounting Policies [Abstract]
Summary of Critical Accounting Policies	NOTE 2 – Summary of Critical Accounting Policies Basis of financial statement presentation. The unaudited condensed consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries. MLC and MBB are managed together as a single business segment and are aggregated for financial reporting purposes as they exhibit similar economic characteristics, share the same leasing portfolio and have one product offering. All intercompany accounts an d transactions have been eliminated in consolidation. In the opinion of management, the accompanying unaudited condensed consolidated financial statements contain all adjustments (consisting of normal recurring items) necessary to present fairly the Compa ny’s financial position at June 30, 2015 and the results of operations for the three-and six- month periods ended June 30, 2015 and 2014 , and cash flows for the six -month periods ended June 30, 2015 and 2014 . These unaudited cond ensed consolidated financial statements should be read in conjunction with the consolidated financial statements and note disclosures included in the Company’s Form 10-K filed with the Securities and Exchange Commission (“SEC”) on March 6 , 2 015 and Form 10 -K/A filed with the SEC on April 13, 2015 . The consolidated results of operations for the three-and six- month periods ended June 30, 2015 and 2014 and the consolidated statements of cash flows for the six -month periods ended June 30, 2015 and 2014 are not necessarily indicative of the results of operations or cash flows for the respective full years or any other period. Time Deposits with Banks. Time deposits with banks are primarily composed of FDIC insured certificates of de posits that have original maturity dates of greater than 90 days. These deposits are held on the balance sheet at amortized cost. Generally, the certificates of deposits have the ability to redeem early, however, early redemption penalties may be incurred. There have been no other significant changes to the Company’s accounting policies as disclosed in the Company’s 2014 Annual Report on Forms 10-K and 10-K/A. Recent Accounting Pronouncements . In January 2015, the FASB issued Accounting Standards Update 2015-01, Income Statement-Extraordinary and U nusual Items (Subtopic 225-20): Simplifying Income Statement Presentation by Eliminating the Concept of Extraordinary Items. This Update eliminates from GAAP the concept of extraordinary items. Subtopic 225-20, Income Statement—Extraordinary and Unusual Items, required that an entity separately classify, present, and disclose extraordinary events and transac tions. Presently, an event or transaction is presumed to be an ordinary and usual activity of the reporting entity unless the event is unusual in nature and occurs infrequently. The guidance is effective for fiscal years, and interim periods within those f iscal years, beginning after December 15, 2015. The adoption of this new requirement is not expected to have a material impact on the consolidated earnings, financial position or cash flows of the Company.

Net Investment in Leases and Lo

Net Investment in Leases and Loans	6 Months Ended
	Jun. 30, 2015
Net Investment in Leases and Loans [Abstract]
Net Investment in Leases and Loans	NOTE 3 – Net Investment in Leases and Loans Net investment in leases and loans consists of the following: June 30, December 31, 2015 2014 (Dollars in thousands) Minimum lease payments receivable $ 720,747 $ 710,801 Estimated residual value of equipment 27,442 27,458 Unearned lease income, net of initial direct costs and fees deferred (98,117) (98,738) Security deposits (2,461) (2,600) Loans, including unamortized deferred fees and costs 2,038 1,123 Allowance for credit losses (8,567) (8,537) $ 641,082 $ 629,507 At June 30, 2015 , a total of $ 1.6 million of minimum lease payments receivable is assigned as collateral for the borrowing facility. At June 30, 2015 , there is no amount outstanding under this borrowing facility and the unused borrowing capacity is $ 50 .0 million. In addition, $3 4 . 9 million in net investment in leases are pledged as collateral for the secured borrowing capacity at the Federal Reserve Discount Window. Initial direct costs net of fees deferred were $ 10.3 million and $ 10.1 million as of June 30, 2015 and December 31, 2014 , respectively. Initial direct costs are netted in unearned income and will be amortized to income using the effective interest method. At June 30, 2015 and December 31, 2014 , $22.3 million and $22.0 million, respectively, of the estimated residual value of equipment retained on our Condensed Consolidated Balance Sheets was related to copiers. Minimum lease payments receivable under lease contracts and the amortization of unearned lease income, including initial direct costs and fees deferred, are as follows as of June 30, 2015 : Minimum Lease Payments Income Receivable Amortization (Dollars in thousands) Period Ending December 31, 2015 $ 162,795 $ 29,543 2016 258,989 38,521 2017 163,905 19,346 2018 87,111 8,038 2019 39,858 2,420 Thereafter 8,089 249 $ 720,747 $ 98,117 As of June 30, 2015 and December 31, 2014 , the Company maintained total finance receivables which were on a non-accrual basis of $1.4 million and $1.7 million, respectively . As of June 30, 2015 and December 31, 2014 , the Company had total finance receivables in which the terms of the original agreements had been renegotiated in the amount of $0.6 million and $1.0 million, respectively. (See Note 4 for income recognition on leases and loans and additional asset quality information.)

Allowance for Credit Losses

Allowance for Credit Losses	6 Months Ended
	Jun. 30, 2015
Allowance For Credit Losses [Abstract]
Allowance For Credit Losses	NOTE 4 – Allowance for Credit Losses In accordance with the Contingencies Topic of the FASB ASC, we maintain an allowance for credit losses at an amount sufficient to absorb losses inherent in our existing lease and loan portfolios as of the reporting dates based on our estimate of probable net credit losses. The table which follows provides activity i n the allowance for credit losses and asset quality statistics. Three Months Ended Six Months Ended Year Ended June 30, June 30, December 31, 2015 2014 2015 2014 2014 (Dollars in thousands) Allowance for credit losses, beginning of period $ 9,231 $ 8,159 $ 8,537 $ 8,467 $ 8,467 Charge-offs (3,457) (3,104) (6,600) (5,739) (11,463) Recoveries 577 546 1,074 1,141 2,417 Net charge-offs (2,880) (2,558) (5,526) (4,598) (9,046) Provision for credit losses 2,216 2,124 5,556 3,856 9,116 Allowance for credit losses, end of period (1) $ 8,567 $ 7,725 $ 8,567 $ 7,725 $ 8,537 Annualized net charge-offs to average total finance receivables (2) 1.84% 1.71% 1.77% 1.55% 1.50% Allowance for credit losses to total finance receivables, end of period (2) 1.34% 1.26% 1.34% 1.26% 1.36% Average total finance receivables (2) $ 627,079 $ 599,413 $ 624,600 $ 594,668 $ 602,923 Total finance receivables, end of period (2) $ 639,333 $ 612,722 $ 639,333 $ 612,722 $ 627,922 Delinquencies greater than 60 days past due $ 2,899 $ 3,544 $ 2,899 $ 3,544 $ 3,602 Delinquencies greater than 60 days past due (3) 0.40% 0.51% 0.40% 0.51% 0.51% Allowance for credit losses to delinquent accounts greater than 60 days past due (3) 295.52% 217.97% 295.52% 217.97% 237.01% Non-accrual leases and loans, end of period $ 1,433 $ 1,903 $ 1,433 $ 1,903 $ 1,742 Renegotiated leases and loans, end of period $ 572 $ 1,166 $ 572 $ 1,166 $ 1,014 __________________ (1) At June 30, 2015 the allowance for credit losses allocated to loans was less than $ 0 . 1 million . At December 31, 2014 and June 30, 2014 , there was no allowance for credit losses allocated to loans. (2) Total finance r e ceivables include net investment in direct financing leases and loans. For purposes of asset quality and allowance calculations, the effects of ( i ) the allowance for credit losses and ( ii ) initial direct costs and fees deferred are excluded. (3) Calculated as a percent o f total minimum lease payments receivable for leases and as a percent of principal outstanding for loans. Net investments in finance receivables are generally charged-off when they are contractually past due for 120 days or more. Income recognition is discontinued on leases or loans when a default on monthly payment exists for a period of 90 days or more. Income recognition resumes when a lease or loan becomes less than 90 days delinquent. At June 30, 2015 , December 31, 2014 and June 30, 2014 , there were no finance receivables past due 90 days or more and still accruing. Net charge-offs for the three-month period ended June 30, 2015 were $2.9 million ( 1.84% of average total finance receivables on an annualized basis), compared to $2.6 million ( 1.70% of average total finance receivables on an annualized basis) for the three-month period ended March 31, 2015 and $2.6 million ( 1.71% of average total finance receivables on an annualized basis) for the thr ee-month period ended June 30, 2014 .

Other Assets

Other Assets	6 Months Ended
	Jun. 30, 2015
Other Assets [Abstract]
Other Assets	NOTE 5 – Other Assets Other assets are comprised of the following: June 30, December 31, 2015 2014 (Dollars in thousands) Accrued fees receivable $ 2,549 $ 2,465 Prepaid expenses 1,501 1,748 Income taxes receivable 1,681 854 Other 3,280 3,250 $ 9,011 $ 8,317

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2015
Commitments and Contingencies [Abstract]
Commitments And Contingencies	NOTE 6 – Commitments and Contingencies MBB is a member bank in a non-profit, multi-financial institution consortium serving as a catalyst for community development by offering flexible financing for affordable, quality housing to low - and moderate-income residents. Currently , MBB receives approximately 1. 2 % participation in each funded loan under the program. MBB records loans in its financial statements when they have been funded or become payable. Such loans help MBB satisfy its obli gations under the Community Reinvestment Act of 1977. At June 30, 2015 , MBB had an unfunded commitment of $ 0.6 million for this activity . Unless renewed prior to termination, MBB’s one-year commitment to the consortium will expire in September 201 5. The Company is involved in legal proceedings, which include claims, litigation and suits arising in the ordinary course of business. In the opinion of management, these actions will not have a material effect on the Company’s consolidated financial position , r esults of operations or cash flows. As of June 30, 2015 , the Company leases all five of its office locations including its executive offices in Mt. Laurel, New Jersey, and its offices in or near Atlanta, Georgia; Philadelphia, Pennsylvania; and Salt Lake City, Utah . These lease commitments are accounted for as operating leases. The Company has entered into several capital leases to finance corporate property and equipment. The following is a schedule of future minimum lease payments for capital and operating leases as of June 30, 2015 : Future Minimum Lease Payment Obligations Capital Operating Period Ending December 31, Leases Leases Total (Dollars in thousands) 2015 $ 51 $ 760 $ 811 2016 102 1,527 1,629 2017 77 1,512 1,589 2018 — 1,457 1,457 2019 — 1,420 1,420 Thereafter — 681 681 Total minimum lease payments $ 230 $ 7,357 $ 7,587 Less: amount representing interest (14) Present value of minimum lease payments $ 216 Rent expense was $0.5 million for each of the six -months ended June 30, 2015 and June 30, 2014 . The Company has an employment agreement with a certain senior officer that currently extends through November 2015, with certain renewal options.

Deposits

Deposits	6 Months Ended
	Jun. 30, 2015
Deposits [Abstract]
Deposits	NOTE 7 – Deposits MBB serves as the Company’s primary funding source. MBB issues fixed-rate FDIC-insured certificates of deposit raised nationally through various brokered deposit relationships and fixed-rate FDIC-insured deposits received from direct sources. On February 23, 2014, MBB began offering FDIC-insured m oney m arket d eposit a ccounts ( the “ MMDA Product”) through participation in a partner bank’s insured savings account product. This brokered deposit product has a variable rate, no maturity date and is offered to the clients of the partner bank and recorded as a single d eposit account at MBB. As of June 30, 2015 , money market deposit accounts totaled $ 44.8 million. As of June 30, 2015 , the remaining scheduled matur ities of certificates of deposits are as follows: Scheduled Maturities (Dollars in thousands) Period Ending December 31, 2015 $ 114,329 2016 187,756 2017 125,464 2018 46,768 2019 24,859 Thereafter 10,245 Total $ 509,421 Certificates of deposits are time deposits issued in denominations of $ 250,000 or less. The MMDA Product is also issued to customers in amounts less than $250,000. The FDIC insures deposits up to $250,000 per depositor. The weighted average all-in interest rate of deposits at June 30, 2015 was 0.99% .

Fair Value Measurements and Dis

Fair Value Measurements and Disclosures about the Fair Value of Financial Instruments	6 Months Ended
	Jun. 30, 2015
Fair Value Measurements And Disclosures About Fair Value Of Financial Instruments [Abstract]
Fair Value Measurements and Disclosures about the Fair Value of Financial Instruments	NOTE 8 – Fair Value Measurements and Disclosures about the Fair Value of Financial Instruments Fair Value Measurements The Fair Value Measurements and Disclosures Topic of the FASB ASC establishes a framework for measuring fair value and requires certain disclosures about fair value measurements. Its provisions do not apply to fair value measurements for purposes of lease classification and measurement, which is addressed in the Leases Topic of the FASB ASC. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants in the principal or most advantageous market for the asset or liability at the measurement date (exit price). A three-level valuation hierarchy is required for disclosure of fair value measurements based upon the transparency of inputs to the valuation of an asset or liability as of the measurement date. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). The level in the fair value hierarchy within which the fair value measurement in its entirety falls is determined based on the lowest le vel input that is significant to the measurement in its entirety. The three levels are defined as follows: Level 1 – Inputs to the valuation are unadjusted quoted prices in active markets for identical assets or liabilities. Level 2 – Inputs to the valu ation may include quoted prices for similar assets and liabilities in active or inactive markets, and inputs other than quoted prices, such as interest rates and yield curves, which are observable for the asset or liability for substantially the full term of the financial instrument. Level 3 – Inputs to the valuation are unobservable and significant to the fair value measurement. Level 3 inputs shall be used to measure fair value only to the extent that observable inputs are not available. The Company char acterizes active markets as those where transaction volumes are sufficient to provide objective pricing information, such as an exchange traded price. Inactive markets are typically characterized by low transaction volumes, and price quotations that vary s ubstantially among market participants or are not based on current information. The Company’s balances measured at fair value on a recurring basis include the following as of June 30, 2015 and December 31, 2014 : June 30, 2015 December 31, 2014 Fair Value Measurements Using Fair Value Measurements Using Level 1 Level 2 Level 1 Level 2 (Dollars in thousands) Assets Securities available for sale $ 3,303 $ 2,955 $ 3,281 $ 2,441 At this time, the Company has not elected to report any assets and liabilities using the fair value option available under the Financial Instruments Topic of the FASB ASC. There have been no transfers between Level 1 and Level 2 of the fair value hierarchy. Disclosures about the Fair Value of Financial Instruments The Financial Instruments Topic of the FASB ASC requires the disclosure of the estimated fair value of financial instruments including tho se financial instruments not measured at fair value on a recurring basis. This requirement excludes certain instruments, such as the net investment in leases and all nonfinancial instruments. The fair values shown below have been derived, in part, by man agement’s assumptions, the estimated amount and timing of future cash flows and estimated discount rates. Valuation techniques involve uncertainties and require assumptions and judgments regarding prepayments, credit risk and discount rates. Changes in the se assumptions will result in different valuation estimates. The fair values presented would not necessarily be realized in an immediate sale. Derived fair value estimates cannot necessarily be substantiated by comparison to independent markets or to other companies’ fair value information. The following summarizes the carrying amount and estimated fair value of the Company’s financial instruments: June 30, 2015 December 31, 2014 Carrying Fair Carrying Fair Amount Value Amount Value (Dollars in thousands) Financial Assets Cash and cash equivalents $ 90,740 $ 90,740 $ 110,656 $ 110,656 Time deposits with banks 7,368 7,354 — — Restricted interest-earning deposits with banks 543 543 711 711 Loans 2,038 2,006 1,123 1,123 Financial Liabilities Deposits $ 554,190 $ 553,807 $ 550,119 $ 549,578 The paragraphs which follow describe the methods and assumptions used in estimating the fair values of financial instruments. Cash and Cash Equivalents The carrying amounts of the Company’s cash and cash equivalents approximate fair value as of June 30, 2015 and December 31, 2014 , because they bear interest at market rates and had maturities of less than 90 days at the time of purchase. This fair value measurement is classified as Level 1. Time Deposits with Banks Fair value of time deposits is estimated by discounting cash flows of current rates paid by market participants for similar time deposits of the same or similar remaining maturities. This fair value measurement is classified as Level 2. Restricted Interest-Earning Deposits with Banks Th e Company maintains interest-earning trust accounts related to our secured debt facility. The book value of such accounts is included in restricted interest-earning deposits with banks on the accompanying Consolidated Balance Sheet. These accounts earn a f loating market rate of interest which results in a fair value approximating the carrying amount at June 30, 2015 and December 31, 2014 . This fair value measurement is classified as Level 1. Securities Available for Sale Securities avai lable for sale are recorded at fair value on a recurring basis. Fair value measurement is based upon various sources of market pricing. Securities are classified within the fair value hierarchy after giving consideration to the activity level in the market for the security type and the observability of the inputs used to determine the fair value. When available, the Company uses quoted prices in active markets and classifies such instruments within Level 1 of the fair value hierarchy. Level 1 securities inc lude mutual funds. When instruments are traded in secondary markets and quoted market prices do not exist for such securities, the Company relies on prices obtained from third-party pricing vendors and classifies these instruments within Level 2 of the fai r value hierarchy. The third-party vendors use a variety of methods when pricing securities that incorporate relevant market data to arrive at an estimate of what a buyer in the marketplace would pay for a security under current market conditions. Level 2 securities include municipal bonds. Loans Loans are primarily comprised of participating interests acquired through membership in a non-profit, multi-financial institution consortium serving as a catalyst for community development by offering financing for affordable, quality housing to low- and moderate-income. Such loans help MBB satisfy its obligations under the Community Reinvestment Act of 1977. The fair value of these loans approximates the carrying amount at June 30, 2015 and December 31, 2014 . This estimate was based on recent comparable sales transactions with consideration of current market rates. This fair value measurement is classified as Level 2. The Company also invests in a small business loan product tailored to the small bu siness market. Fair value for these loans are estimated by discounting cash flows at an imputed market rate for similar loan products with similar characteristics. This fair value measurement is classified as Level 2. Deposits Deposit liabilities with no defined maturity such as MMDA deposits have a fair value equal to the amount payable on demand at the reporting date (i.e., their carrying amount). Fair value for certificates of deposits is estimated by discounting cash flows at current rates paid by t he Company for similar certificates of deposit of the same or similar remaining maturities. This fair value measurement is classified as Level 2.

Earnings Per Common Share ("EPS

Earnings Per Common Share ("EPS")	6 Months Ended
	Jun. 30, 2015
Earnings Per Common Share ("EPS") [Abstract]
Earnings Per Common Share ("EPS")	NOTE 9 – Earnings Per Share The Company’s restricted stock awards are paid non-forfeitable common stock dividends and thus meet the criteria of participating securities. Accordingly, EPS has been calculated using the two-class method, under which earnings are allocated to both common stock and participating securities. Basic EPS has been computed by dividing net income allocated to common stock by the weighted average common shares used in computing basic EPS. For the computation of basic E PS, all shares of restricted stock have been deducted from the weighted average shares outstanding. Diluted EPS has been computed by dividing net income allocated to common stock by the weighted average number of common shares used in computing basic EPS , further adjusted by including the dilutive impact of the exercise or conversion of common stock equivalents, such as stock options, into shares of common stock as if those securities were exercised or converted. The following table provides net income a nd shares used in computing basic and diluted EPS: Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 (Dollars in thousands, except per-share data) Basic EPS Net income $ 4,149 $ 4,936 $ 8,204 $ 9,579 Less: net income allocated to participating securities (118) (115) (241) (274) Net income allocated to common stock $ 4,031 $ 4,821 $ 7,963 $ 9,305 Weighted average common shares outstanding 12,817,004 12,891,889 12,837,037 12,929,895 Less: Unvested restricted stock awards considered participating securities (366,721) (309,576) (368,377) (365,300) Adjusted weighted average common shares used in computing basic EPS 12,450,283 12,582,313 12,468,660 12,564,595 Basic EPS $ 0.32 $ 0.38 $ 0.64 $ 0.74 Diluted EPS Net income allocated to common stock $ 4,031 $ 4,821 $ 7,963 $ 9,305 Adjusted weighted average common shares used in computing basic EPS 12,450,283 12,582,313 12,468,660 12,564,595 Add: Effect of dilutive stock options 14,355 53,207 25,215 60,104 Adjusted weighted average common shares used in computing diluted EPS 12,464,638 12,635,520 12,493,875 12,624,699 Diluted EPS $ 0.32 $ 0.38 $ 0.64 $ 0.74 For the three-month periods ended June 30, 2015 and June 30, 2014 , options to purchase 14,609 and 17,222 shares of common stock were not considered in the computation of potential common shares for purposes of diluted EPS, since the exercise prices of the options were greater than the average market price of the Company’s common stock for the respective peri ods. For the six -month periods ended June 30, 2015 and June 30, 2014 , options to purchase 15,151 and 15,698 shares of common stock were not considered in the computation of potential common shares for purposes of diluted EPS, since the exercise prices of the options were greater than the average market price of the Company’s common stock for the respective periods.

Stockholders' Equity

Stockholders' Equity	6 Months Ended
	Jun. 30, 2015
Stockholders' Equity [Abstract]
Stockholders' Equity	NOTE 10 – Stockholders’ Equity Stockholders’ Equity On November 2, 2007, the Company’s Board of Directors approved a stock repurchase plan, under which, the Company was authorized to repurchase up to $15 million in value of its outstanding shares of common stock (the “2007 Repurchase Plan”). On July 29, 2014, the Company’s Board of Directors approved a new stock repurchase plan to replace the 2007 Repurchase Plan (the “2014 Repurchase Plan”). Under the 2014 Repurchase Plan, the Company is authorize d to repurchase up to $15 million in value of its outstanding shares of common stock. This authority may be exercised from time to time and in such amounts as market conditions warrant. Any shares purchased under this plan are returned to the status of aut horized but unissued shares of common stock. The repurchases may be made on the open market, in block trades or otherwise. The program may be suspended or discontinued at any time. The repurchases are funded using the Company’s working capital. During the three and six month periods ended June 30, 2015 , the Company purchased 98,394 and 210,523 s hares of its common stock under the 2014 Repurchase Plan at an average cost of $ 18.96 and $ 18.69 , respectively. D uring each of the three and six month periods ended June 30, 2014 , the Company purchased 113,884 shares of its common stock under the 2007 Repurchase Plan at an average cost of $ 19.66 . At June 30, 2015 , the Company had $ 9.4 million remaining in the 2014 Repurchase Plan . In addition to the repurchases described above, participants in the Company’s 2003 Equity Compensation Plan, as amende d (the “2003 Plan”) and the Company’s 2014 Equity Compensation Plan (approved by the Company’s shareholders on June 3, 2014) (the “2014 Plan” and, together with the 2003 Plan, the “Equity Plans”) may have shares withheld to cover income taxes. There were 4,541 and 37,727 shares repurchased to cover income tax withholding in connection with shares granted under the Equity Plans during each of the three- and six - month period s ended June 30, 2015 , at average per-share cost s of $ 17.87 and $ 18.22 , respectively . There were 1,202 and 66,277 shares repurchased to cover income tax withholding in connection with shares granted under the Equity Plans during the three- and six - month periods ended June 30, 2014 , at average per-share costs of $ 19.88 and $ 22.94 , respectively. Regulatory Capital Requirements Through its issuance of FDIC-insured deposit s , MBB serves as the Company’s primary funding source. Over time, MBB may offer other products and services to the Company’s customer base. MBB operates as a Utah state-chartered, Federal Reserve member commercial bank, insured by the FDIC. As a state-chartered Federal Reserve member bank, MBB is supervised by both the Federal Reserve Bank of San Francisco and the Utah Department of Financial Institutions. The Comp any and MBB are subject to capital adequacy regulations issued jointly by the federal bank regulatory agencies. These risk-based capital and leverage guidelines make regulatory capital requirements more sensitive to differences in risk profiles among banki ng organizations and consider off-balance sheet exposures in determining capital adequacy. The federal bank regulatory agencies and/or the U.S. Congress may determine to increase capital requirements in the future due to the current economic environment. U nder the capital adequacy regulation, at least half of a banking organization’s total capital is required to be "Tier 1 Capital" as defined in the regulations, comprised of common equity, retained earnings and a limited amount of non-cumulative perpetual p referred stock. The remaining capital, "Tier 2 Capital," as defined in the regulations, may consist of other preferred stock, a limited amount of term subordinated debt or a limited amount of the reserve for possible credit losses. The regulations establis h minimum leverage ratios for banking organizations, which are calculated by dividing Tier 1 Capital by total quarterly average assets. Recognizing that the risk-based capital standards principally address credit risk rather than interest rate, liquidity, operational or other risks, many banking organizations are expected to maintain capital in excess of the minimum standards. On January 1, 2015, the Company and MBB became subject to new capital adequacy standards under the Basel III rules . The new standards require a minimum for T ier 1 leverage ratio of 4%; previously certain banking organizations were allowed to maintain a 3% minimum Tier 1 leverage ratio subject to certain requirements. The new standards raised the required minimum Tier 1 risk-based ratio from 4% to 6%. The Tot al risk-based capital ratio of 8% did not change. The new capital adequacy standards establish a new common equity Tier 1 risk-based capital ratio with a required 4.5% minimum (6.5% to be considered well-capitalized). There is also a new capital conserva tion buffer which is phased in from 2015 to 2019. When added to the minimum capital ratios and fully phased in, the capital conservation buffer will require banking organizations to hold an additional 2.5% of capital above the minimum requirements. If a banking organization does not maintain capital above the minimum plus the capital conservation buffer it may be subject to restrictions on dividends, share buybacks, and certain discretionary payments such as bonus payments. The Company plans to provide the necessary capital to maintain MBB at “well-capitalized” status as defined by banking regulations and as required by an agreement entered into by and among MBB, MLC, Marlin Business Services Corp. and the FDIC in conjunction with the opening of MBB (the “FDIC Agreement”) . MBB’s Tier 1 Capital balance at June 30, 2015 was $126.3 million, which met all capital requirements to which MBB is subject and qualified MBB for “well-capitalized” status. At June 30, 2015 , the Company also exceeded its regul atory capital requirements and was considered “well-capitalized” as defined by federal banking regulations and as required by the FDIC Agreement . The following table sets forth the Tier 1 leverage ratio, common equity Tier 1 risk-based capital ratio, Tier 1 risk-based capital ratio and total risk-based capital ratio for Marlin Business Services Corp. and MBB at June 30, 2015 . Minimum Capital Well-Capitalized Capital Actual Requirement Requirement Ratio Amount Ratio (1) Amount Ratio Amount (Dollars in thousands) Tier 1 Leverage Capital Marlin Business Services Corp. 23.07% $ 176,524 4% $ 30,602 5% $ 38,252 Marlin Business Bank 17.99% $ 126,326 5% $ 35,102 5% $ 35,102 Common Equity Tier 1 Risk-Based Capital Marlin Business Services Corp. 25.72% 176,524 4.5% 30,887 6.5% 44,614 Marlin Business Bank 19.23% 126,326 6.5% 42,695 6.5% 42,695 Tier 1 Risk-based Capital Marlin Business Services Corp. 25.72% $ 176,524 6% $ 41,182 8% $ 54,909 Marlin Business Bank 19.23% $ 126,326 8% $ 52,548 8% $ 52,548 Total Risk-based Capital Marlin Business Services Corp. 26.97% $ 185,091 8% $ 54,909 10% $ 68,637 Marlin Business Bank 20.48% $ 134,541 15% $ 98,528 10% (1) $ 65,685 __________________ (1 ) MBB is required to maintain “well-capitalized” status and must also maintain a total risk-based capital ratio greater than 15% pursuant to the FDIC Agreement . Prompt Corrective Action . The Federal Deposit Insurance Corporation Improvement Act of 1991 (“FDICIA”) requires the federal regulators to take prompt corrective action against any undercapitalized instituti on. Five capital categories have been established under federal banking regulations : well-capitalized, adequately capitalized, undercapitalized, significantly undercapitalized and critically undercapitalized. Well-capitalized institutions significantly e xceed the required minimum level for each relevant capital measure. Adequately capitalized institutions include depository institutions that meet but do not significantly exceed the required minimum level for each relevant capital measure. Undercapitalize d institutions consist of those that fail to meet the required minimum level for one or more relevant capital measures. Significantly undercapitalized characterizes depository institutions with capital levels significantly below the minimum requirements f or any relevant capital measure. Critically undercapitalized refers to depository institutions with minimal capital and at serious risk for government seizure. Under certain circumstances, a well-capitalized, adequately capitalized or undercapitalized in stitution may be treated as if the institution were in the next lower capital category. A depository institution is generally prohibited from making capital distributions, including paying dividends, or paying management fees to a holding company if the i nstitution would thereafter be undercapitalized. Institutions that are adequately capitalized but not well-capitalized cannot accept, renew or roll over brokered deposits except with a waiver from the FDIC and are subject to restrictions on the interest r ates that can be paid on such deposits. Undercapitalized institutions may not accept, renew or roll over brokered deposits. The federal bank regulatory agencies are permitted or, in certain cases, required to take certain actions with respect to instituti ons falling within one of the three undercapitalized categories. Depending on the level of an institution’s capital, the agency’s corrective powers include, among other things: • prohibiting the payment of principal and interest on subordinated debt; • prohibiting the holding company from making distributions without prior regulatory approval; • placing limits on asset growth and restrictions on activities; • placing additional restrictions on transactions with affiliates; • restricting the interest rate the institution may pay on deposits; • prohibiting the institution from accepting deposits from correspondent banks; and • in the most severe cases, appointing a conservator or receiver for the institution. A banking institution that is undercapitalized is required to submit a capital restoration plan, and such a plan will not be accepted unless, among other things, the banking institution’s holding company guarantees the plan up to a certain specified amount. Any such guarantee from a depository institu tion’s holding company is entitled to a priority of payment in bankruptcy. Pursuant to the FDIC Agreement entered into in conjunction with the opening of MBB, MBB must keep its total risk-based capital ratio above 15%. MBB’s total risk-based capital rat io of 20.48% at June 30, 2015 exceeded the threshold for “well capitalized” status under the applicable laws and regulations, and also exceeded the 15 % minimum total risk-based capital ratio required in the FDIC Agreement. Dividends . The Federal Reserve Board has issued policy statements requiring insured banks and bank holding companies to have an established assessment process for maintaining capital commensurate with their overall risk profile. Such assessment process may affect the ability of the organizations to pay dividends. Although generally organizations may pay dividends only out of current operating earnings, dividends may be paid if the distribution is prudent relative to the organization’s financial position and risk profile, after c onsideration of current and prospective economic conditions.

Stock-Based Compensation

Stock-Based Compensation	6 Months Ended
	Jun. 30, 2015
Stock-Based Compensation [Abstract]
Stock-Based Compensation	NOTE 11 – Stock-Based Compensation Under the terms of the 20 14 Plan, employees, certain consultants and advisors and non-employee members of the Company’s Board of Directors ha ve the opportunity to receive incentive and nonqualified grants of stock options, stock appreciation rights, restricted stock and other equity-based awards as approved by the Company’s Board of Directors . These award programs are used to attract, retain and motivate employees and to encourage individuals in key management roles to retain stock. The Company has a policy of issuing new shares to satisfy awards under the 2014 P lan. T he aggregate number of shares under the 20 14 Plan that may be issued pursuant to stock options or restricted stock grants i s 1,200,000 with n ot more than 1,000,000 of such shares available for issuance as restricted stock grants. There were 949,559 shares available for future grants under the 2014 Plan as of June 30, 2015 , of which 749,559 shares were available to be issued as restricted stock grants. Total stock-based compensation expense was $ 0.3 million for each of the three-month period s ended June 30, 2015 and June 30, 2014 . Total stock-based compensation expense was $ 1.2 million for the six - month period ended June 30, 2015 and $ 1.3 million for the six - month period ended June 30, 2014 . Excess tax benefits from stock-based payment arrangements increased cash provided by financing activities and decreased cash provided by operating a ctivities by $0.3 million and $0.6 million for the six - mont h period s ended June 30, 2015 and June 30, 2014 , respectively. Stock Options Option awards are generally granted with an exercise price equal to the market price of the Company’s stock at the date of the grant and have 7- to 10-year contractual terms. All options issued contain service conditions based on the participant’s continued service with the Company and may provide for accelerated vesting if there is a change in control as defined in the Equity Compensation Plans. Employee stock options generally vest over four years. The Company also issues stock options to non-employee independent directors. These options generally vest in one year. There were no stock options granted during the three-month and six -month periods ended June 30, 2015 and June 30, 2014 , respectively. A summary of option activity for the six - month period ended June 30, 2015 follows: Weighted Average Number of Exercise Price Options Shares Per Share Outstanding, December 31, 2014 193,351 $ 10.23 Granted — — Exercised (57,855) 9.62 Forfeited (80,728) 9.64 Expired — — Outstanding, June 30, 2015 54,768 11.74 During the three-month period ended June 30, 2015 the Company did not recognize compensation expense related to options. There was less than $ 0.1 million of compensation expense recognized related to options for the three-month period ended June 30, 2014 . During the six - month period ended June 30, 2015 the Company did not recognize compensation expense related to options. During the six - month period ended June 30, 2014 the Company recognized total compensation expense related to options of less than $ 0.1 million. There were 23,691 and 2,488 stock options exercised during the t hree-month periods ended June 30, 2015 and June 30, 2014 , respectively. The total pretax intrinsic value s of stock options exercised were $ 0.2 million and less than $ 0.1 million for the three-month periods ended June 30, 2015 and June 30, 2014 , respectively. The total pretax intrinsic value s of stock options exercised were $ 0.6 million and less than $ 0.1 million for the six - month period s ended June 30, 2015 and June 30, 2014 , respectively. The following table summarizes information about the stock options outstanding and exercisable as of June 30, 2015 : Options Outstanding Options Exercisable Weighted Weighted Aggregate Weighted Weighted Aggregate Average Average Intrinsic Average Average Intrinsic Range of Number Remaining Exercise Value Number Remaining Exercise Value Exercise Prices Outstanding Life (Years ) Price (In thousands) Exercisable Life (Years ) Price (In thousands) $ 7.17 - 7.79 6,960 1.3 $ 7.24 $ 67 6,960 1.3 $ 7.24 $ 67 $ 12.08 - 12.41 47,808 1.9 12.38 215 35,306 1.9 12.36 160 54,768 1.8 11.73 $ 282 42,266 1.8 11.52 $ 227 The aggregate intrinsic value in the preceding table represents the total pretax intrinsic value, based on the Company’s closing stock price of $16.88 as of June 30, 2015 , which would have been received by the option holders had all option holders exercised their options as of that date. As of June 30, 2015 , there was no future compensation cost related to non-vested stock options not yet recognized in the Consolidated Statements of Operations based on the most probable performance assumpti ons. As of June 30, 2015 , $ 0.2 million of additional potential compensation cost related to non-vested stock options has not been recognized due to performance targets not being achieved. However, in certain circumstances, these options may be s ubject to vesting prior to their expiration dates. The weighted average remaining term of these options is approximately 1.9 years. Restricted Stock Awards Restricted stock awards provide that, during the applicable vesting periods, the shares awarded may not be sold or transferred by the participant. The vesting period for restricted stock awards generally ranges from three to 10 years. All awards issued contain service conditions based on the participant’s continued service with the Company and may provide for accelerated vesting if there is a change in control as defined in the Equity Compensation Plan s . T he vesting of certain restricted shares may be accelerated to a minimum of three years based on achievement of various in dividual performance measures. Acceleration of expense for awards based on individual performance factors occurs when the achievement o f the performance criteria is determined. In addition, the Company has issued certain shares under a Management Stock Ownership Program. Under this program, restrictions on the shares lapse at the end of 10 years but may lapse (vest) in a minimum of thre e years if the employee continues in service at the Company and owns a matching number of other common shares in addition to the restricted shares. Of the total restricted stock awards granted during the six - month period ended June 30, 2015 , 71,480 shares may be subject to accelerated vesting based on individual performance factors ; no shares have vesting contingent upon performance factors. Vesting was accelerated in 2014 and 201 5 on certain awards based on the ach ievement of certain performance criteria determined annually, as described below. The Company also issues restricted stock to non-employee independent directors. These shares generally vest in seven years from the grant date or six months following the director’s termination from Board of Directors service. The following table summarizes the activity of the non-vested restricted stock during the six months ended June 30, 2015 : Weighted Average Grant-Date Non-vested restricted stock Shares Fair Value Outstanding at December 31, 2014 346,036 $ 15.99 Granted 145,793 17.34 Vested (120,687) 14.69 Forfeited (16,363) 18.46 Outstanding at June 30, 2015 354,779 16.87 During the three-month periods ended June 30, 2015 and June 30, 2014 , the Company granted restricted stock awards with grant date fair values totaling $ 0.5 million and $ 2.0 million, respectively. During the six - month periods ended June 30, 2015 and June 30, 2014 , the Company granted restricted stock awards with grant date fair values totaling $ 2.5 million and $ 2.0 million, respectively. As vesting occurs, or is deemed likely to occur, compensation expe nse is recognized over the requisite service period and additional paid-in capital is increased. The Company recognized $ 0.3 million of compensation expense related to restricted stock for each of the three-month periods ended June 30, 2015 and June 30, 2014 . The Company recognized $ 1.2 million and $ 1.3 million of compensation expense related to restricted stock for the six - month periods ended June 30, 2015 and June 30, 2014 , respectively. Of the $ 1.2 million total compensation expense related to restricted stock for the six -month period ended June 30, 2015 , approximately $ 0.5 million related to accelerated vesting during the first quarter of 2015 , based on achievement of certain performance criteria determined annually. Of the $ 1.3 million total compensation expense related to restricted stock for the six -month period ended June 30, 2014 , approximately $ 0.6 million related to accelerated vesting during the first quarter of 2014 , which was also based on the achievement of certain performance criteria determined annually. As of June 30, 2015 , there was $ 4.6 million of unrecognized compensation cost related to non-vested restricted stock compensation scheduled to be recognized over a weighted average period of 4.3 years. In the event individual performance targets are achieved, $ 1.8 million o f the unrecognized compensation cost would accelerate to be recognized over a weighted average period of 1.4 years. In addition, certain of the awards granted may result in the issuance of 57,650 additional shares of stock if ach ievement of certain targets is greater than 100 %. The expense related to the additional shares awarded will be dependent on the Company’s stock price when the achievement level is determined. The fair value of shares that vested during each of the three-m onth periods ended June 30, 2015 and June 30, 2014 was $ 0.5 million. The fair value of shares that vested during the six - month periods ended June 30, 2015 and June 30, 2014 was $ 2.2 million and $ 4.7 million, respectively.

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2015
Subsequent Events [Abstract]
Events Subsequent to Year-End	The Company declared a dividend of $0.140 per share on July 30, 2015 . The quarterly dividend, which is expected to result in a dividend payment of approximately $1.8 million, is scheduled to be paid on August 24, 2015 to shareholders of record on the close of business on August 14, 2015 . It represents the Company’s sixteenth consecutive quarterly cash dividend. The payment of future dividends will be subj ect to approval by the Company’s Board of Directors. On July 6 , 2015 , the Company’s affiliate, Marlin Receivables Corp. (“MRC”), amended its $ 5 0 .0 million borrowing facility. The amendment changed the commitment termination date of the facility from July 7 , 2015 to October 7, 2015.

Summary of Critical Accountin20

Summary of Critical Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2015
Summary of Critical Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	Basis of financial statement presentation. The unaudited condensed consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries. MLC and MBB are managed together as a single business segment and are aggregated for financial reporting purposes as they exhibit similar economic characteristics, share the same leasing portfolio and have one product offering. All intercompany accounts an d transactions have been eliminated in consolidation. In the opinion of management, the accompanying unaudited condensed consolidated financial statements contain all adjustments (consisting of normal recurring items) necessary to present fairly the Compa ny’s financial position at June 30, 2015 and the results of operations for the three-and six- month periods ended June 30, 2015 and 2014 , and cash flows for the six -month periods ended June 30, 2015 and 2014 . These unaudited cond ensed consolidated financial statements should be read in conjunction with the consolidated financial statements and note disclosures included in the Company’s Form 10-K filed with the Securities and Exchange Commission (“SEC”) on March 6 , 2 015 and Form 10 -K/A filed with the SEC on April 13, 2015 . The consolidated results of operations for the three-and six- month periods ended June 30, 2015 and 2014 and the consolidated statements of cash flows for the six -month periods ended June 30, 2015 and 2014 are not necessarily indicative of the results of operations or cash flows for the respective full years or any other period.
Recent Accounting Pronouncements	Recent Accounting Pronouncements . In January 2015, the FASB issued Accounting Standards Update 2015-01, Income Statement-Extraordinary and U nusual Items (Subtopic 225-20): Simplifying Income Statement Presentation by Eliminating the Concept of Extraordinary Items. This Update eliminates from GAAP the concept of extraordinary items. Subtopic 225-20, Income Statement—Extraordinary and Unusual Items, required that an entity separately classify, present, and disclose extraordinary events and transac tions. Presently, an event or transaction is presumed to be an ordinary and usual activity of the reporting entity unless the event is unusual in nature and occurs infrequently. The guidance is effective for fiscal years, and interim periods within those f iscal years, beginning after December 15, 2015. The adoption of this new requirement is not expected to have a material impact on the consolidated earnings, financial position or cash flows of the Company.
Time Deposits with Banks, Policy [Policy Text Block]	Time Deposits with Banks. Time deposits with banks are primarily composed of FDIC insured certificates of de posits that have original maturity dates of greater than 90 days. These deposits are held on the balance sheet at amortized cost. Generally, the certificates of deposits have the ability to redeem early, however, early redemption penalties may be incurred.

Net Investment in Leases and 21

Net Investment in Leases and Loans (Tables)	6 Months Ended
	Jun. 30, 2015
Net Investment in Leases and Loans [Abstract]
Components of Net Investment in Leases and Loans [Table Text Block]	June 30, December 31, 2015 2014 (Dollars in thousands) Minimum lease payments receivable $ 720,747 $ 710,801 Estimated residual value of equipment 27,442 27,458 Unearned lease income, net of initial direct costs and fees deferred (98,117) (98,738) Security deposits (2,461) (2,600) Loans, including unamortized deferred fees and costs 2,038 1,123 Allowance for credit losses (8,567) (8,537) $ 641,082 $ 629,507
Schedule of Future Minimum Lease Payments Receivable and Amortization of Unearned Lease Income [Table Text Block]	Minimum Lease Payments Income Receivable Amortization (Dollars in thousands) Period Ending December 31, 2015 $ 162,795 $ 29,543 2016 258,989 38,521 2017 163,905 19,346 2018 87,111 8,038 2019 39,858 2,420 Thereafter 8,089 249 $ 720,747 $ 98,117

Allowance for Credit Losses (Ta

Allowance for Credit Losses (Tables)	6 Months Ended
	Jun. 30, 2015
Allowance For Credit Losses [Abstract]
Allowance for Credit Losses on Finance Receivables [Table Text Block]	Three Months Ended Six Months Ended Year Ended June 30, June 30, December 31, 2015 2014 2015 2014 2014 (Dollars in thousands) Allowance for credit losses, beginning of period $ 9,231 $ 8,159 $ 8,537 $ 8,467 $ 8,467 Charge-offs (3,457) (3,104) (6,600) (5,739) (11,463) Recoveries 577 546 1,074 1,141 2,417 Net charge-offs (2,880) (2,558) (5,526) (4,598) (9,046) Provision for credit losses 2,216 2,124 5,556 3,856 9,116 Allowance for credit losses, end of period (1) $ 8,567 $ 7,725 $ 8,567 $ 7,725 $ 8,537 Annualized net charge-offs to average total finance receivables (2) 1.84% 1.71% 1.77% 1.55% 1.50% Allowance for credit losses to total finance receivables, end of period (2) 1.34% 1.26% 1.34% 1.26% 1.36% Average total finance receivables (2) $ 627,079 $ 599,413 $ 624,600 $ 594,668 $ 602,923 Total finance receivables, end of period (2) $ 639,333 $ 612,722 $ 639,333 $ 612,722 $ 627,922 Delinquencies greater than 60 days past due $ 2,899 $ 3,544 $ 2,899 $ 3,544 $ 3,602 Delinquencies greater than 60 days past due (3) 0.40% 0.51% 0.40% 0.51% 0.51% Allowance for credit losses to delinquent accounts greater than 60 days past due (3) 295.52% 217.97% 295.52% 217.97% 237.01% Non-accrual leases and loans, end of period $ 1,433 $ 1,903 $ 1,433 $ 1,903 $ 1,742 Renegotiated leases and loans, end of period $ 572 $ 1,166 $ 572 $ 1,166 $ 1,014

Other Assets (Tables)

Other Assets (Tables)	6 Months Ended
	Jun. 30, 2015
Prepaid Expense and Other Assets [Abstract]
Schedule of Other Assets [Table Text Block]	June 30, December 31, 2015 2014 (Dollars in thousands) Accrued fees receivable $ 2,549 $ 2,465 Prepaid expenses 1,501 1,748 Income taxes receivable 1,681 854 Other 3,280 3,250 $ 9,011 $ 8,317

Commitments and Contingencies (

Commitments and Contingencies (Tables)	6 Months Ended
	Jun. 30, 2015
Capital And Operating Leases Future Minimum Payments Due Table [Abstract]
Schedule Of Future Minimum Rental Payments For Capital And Operating Leases [Table Text Block]	Future Minimum Lease Payment Obligations Capital Operating Period Ending December 31, Leases Leases Total (Dollars in thousands) 2015 $ 51 $ 760 $ 811 2016 102 1,527 1,629 2017 77 1,512 1,589 2018 — 1,457 1,457 2019 — 1,420 1,420 Thereafter — 681 681 Total minimum lease payments $ 230 $ 7,357 $ 7,587 Less: amount representing interest (14) Present value of minimum lease payments $ 216

Deposits (Tables)

Deposits (Tables)	6 Months Ended
	Jun. 30, 2015
Contractual Maturities of Time Deposits [Abstract]
Contractual Maturities Of Time Deposits [Table Text Block]	Scheduled Maturities (Dollars in thousands) Period Ending December 31, 2015 $ 114,329 2016 187,756 2017 125,464 2018 46,768 2019 24,859 Thereafter 10,245 Total $ 509,421

Fair Value Measurements and D26

Fair Value Measurements and Disclosures about the Fair Value of Financial Instruments (Tables)	6 Months Ended
	Jun. 30, 2015
Fair Value Measurements And Disclosures About Fair Value Of Financial Instruments [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on a Recurring Basis [Table Text Block]	June 30, 2015 December 31, 2014 Fair Value Measurements Using Fair Value Measurements Using Level 1 Level 2 Level 1 Level 2 (Dollars in thousands) Assets Securities available for sale $ 3,303 $ 2,955 $ 3,281 $ 2,441
Schedule of Carrying Amount and Estimated Fair Value of Financial Instruments [Table Text Block]	June 30, 2015 December 31, 2014 Carrying Fair Carrying Fair Amount Value Amount Value (Dollars in thousands) Financial Assets Cash and cash equivalents $ 90,740 $ 90,740 $ 110,656 $ 110,656 Time deposits with banks 7,368 7,354 — — Restricted interest-earning deposits with banks 543 543 711 711 Loans 2,038 2,006 1,123 1,123 Financial Liabilities Deposits $ 554,190 $ 553,807 $ 550,119 $ 549,578

Earnings Per Common Share (Tabl

Earnings Per Common Share (Tables)	6 Months Ended
	Jun. 30, 2015
Earnings Per Common Share ("EPS") [Abstract]
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 (Dollars in thousands, except per-share data) Basic EPS Net income $ 4,149 $ 4,936 $ 8,204 $ 9,579 Less: net income allocated to participating securities (118) (115) (241) (274) Net income allocated to common stock $ 4,031 $ 4,821 $ 7,963 $ 9,305 Weighted average common shares outstanding 12,817,004 12,891,889 12,837,037 12,929,895 Less: Unvested restricted stock awards considered participating securities (366,721) (309,576) (368,377) (365,300) Adjusted weighted average common shares used in computing basic EPS 12,450,283 12,582,313 12,468,660 12,564,595 Basic EPS $ 0.32 $ 0.38 $ 0.64 $ 0.74 Diluted EPS Net income allocated to common stock $ 4,031 $ 4,821 $ 7,963 $ 9,305 Adjusted weighted average common shares used in computing basic EPS 12,450,283 12,582,313 12,468,660 12,564,595 Add: Effect of dilutive stock options 14,355 53,207 25,215 60,104 Adjusted weighted average common shares used in computing diluted EPS 12,464,638 12,635,520 12,493,875 12,624,699 Diluted EPS $ 0.32 $ 0.38 $ 0.64 $ 0.74

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	6 Months Ended
	Jun. 30, 2015
Stockholders' Equity [Abstract]
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations [Table Text Block]	Minimum Capital Well-Capitalized Capital Actual Requirement Requirement Ratio Amount Ratio (1) Amount Ratio Amount (Dollars in thousands) Tier 1 Leverage Capital Marlin Business Services Corp. 23.07% $ 176,524 4% $ 30,602 5% $ 38,252 Marlin Business Bank 17.99% $ 126,326 5% $ 35,102 5% $ 35,102 Common Equity Tier 1 Risk-Based Capital Marlin Business Services Corp. 25.72% 176,524 4.5% 30,887 6.5% 44,614 Marlin Business Bank 19.23% 126,326 6.5% 42,695 6.5% 42,695 Tier 1 Risk-based Capital Marlin Business Services Corp. 25.72% $ 176,524 6% $ 41,182 8% $ 54,909 Marlin Business Bank 19.23% $ 126,326 8% $ 52,548 8% $ 52,548 Total Risk-based Capital Marlin Business Services Corp. 26.97% $ 185,091 8% $ 54,909 10% $ 68,637 Marlin Business Bank 20.48% $ 134,541 15% $ 98,528 10% (1) $ 65,685

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	6 Months Ended
	Jun. 30, 2015
Stock-Based Compensation [Abstract]
Schedule of Stock-based Compensation, Stock Options Activity [Table Text Block]	Weighted Average Number of Exercise Price Options Shares Per Share Outstanding, December 31, 2014 193,351 $ 10.23 Granted — — Exercised (57,855) 9.62 Forfeited (80,728) 9.64 Expired — — Outstanding, June 30, 2015 54,768 11.74
Schedule of Stock-based Compensation, Options Outstanding and Exercisable under Stock Option Plans, by Exercise Price Range [Table Text Block]	Options Outstanding Options Exercisable Weighted Weighted Aggregate Weighted Weighted Aggregate Average Average Intrinsic Average Average Intrinsic Range of Number Remaining Exercise Value Number Remaining Exercise Value Exercise Prices Outstanding Life (Years ) Price (In thousands) Exercisable Life (Years ) Price (In thousands) $ 7.17 - 7.79 6,960 1.3 $ 7.24 $ 67 6,960 1.3 $ 7.24 $ 67 $ 12.08 - 12.41 47,808 1.9 12.38 215 35,306 1.9 12.36 160 54,768 1.8 11.73 $ 282 42,266 1.8 11.52 $ 227
Schedule of Stock-based Compensation, Restricted Stock Activity [Table Text Block]	Weighted Average Grant-Date Non-vested restricted stock Shares Fair Value Outstanding at December 31, 2014 346,036 $ 15.99 Granted 145,793 17.34 Vested (120,687) 14.69 Forfeited (16,363) 18.46 Outstanding at June 30, 2015 354,779 16.87

The Company (Narrative) (Detail

The Company (Narrative) (Details) - 6 months ended Jun. 30, 2015 - Number	Total
More than [Member]
Entity Information [Line Items]
Categories of commercial equipment	100
Assurance One Ltd [Member]
Entity Information [Line Items]
Entity Incorporation, State Country Name	Bermuda
Entity Incorporation, Date of Incorporation	May 31, 2000
Marlin Business Bank [Member]
Entity Information [Line Items]
Entity Incorporation, State Country Name	Utah
Entity Incorporation, Date of Incorporation	Mar. 12, 2008
Marlin Business Services Corp [Member]
Entity Information [Line Items]
Entity Incorporation, State Country Name	Pennsylvania
Entity Incorporation, Date of Incorporation	Aug. 5, 2003

Net Investment in Leases and 31

Net Investment in Leases and Loans (Narratives) (Details) - USD ($)	Jun. 30, 2015	Dec. 31, 2014	Jun. 30, 2014
Net Investment in Leases and Loans [Abstract]
Net Investment in Leases, Initial Direct Costs	$ 10,300,000	$ 10,100,000
Product Information [Line Items]
Estimated Residual Value of Equipment	27,442,000	27,458,000
Loans and Leases Receivable, Collateral for Secured Borrowings	1,600,000
Non-accrual leases and loans, end of period	1,400,000	1,700,000	$ 1,903,000
Renegotiated leases and loans, end of period	600,000	1,000,000	$ 1,166,000
Debt Instrument, Unused Borrowing Capacity, Amount	50,000,000
Debt Instrument, Debt Default, Amount	0
Leases Pledged as Collateral [Member]
Product Information [Line Items]
Loans and Leases Receivable, Collateral for Secured Borrowings	34,900,000
Copier Product [Member]
Product Information [Line Items]
Estimated Residual Value of Equipment	$ 22,300,000	$ 22,000,000

Net Investment in Leases and 32

Net Investment in Leases and Loans (Net Investment Components) (Details) - USD ($) $ in Thousands	Jun. 30, 2015		Mar. 31, 2015	[1]	Dec. 31, 2014		Jun. 30, 2014	[1]	Mar. 31, 2014	[1]	Dec. 31, 2013
Net Investment in Leases and Loans [Abstract]
Minimum lease payments receivable	$ 720,747				$ 710,801
Estimated Residual Value of Equipment	27,442				27,458
Unearned Lease Income, Including Initial Direct Costs and Fees Deferred	(98,117)				(98,738)
Security Deposits	(2,461)				(2,600)
Loans, Including Unamortized Deferred Fees and Costs	2,038				1,123
Allowance for Credit Losses	(8,567)	[1]	$ (9,231)		(8,537)	[1]	$ (7,725)		$ (8,159)		$ (8,467)
Net investment in leases and loans	$ 641,082				$ 629,507
[1]	(1) At June 30, 2015 the allowance for credit losses allocated to loans was less than $ 0 . 1 million . At December 31, 2014 and June 30, 2014 , there was no allowance for credit losses allocated to loans.

Net Investment in Leases and 33

Net Investment in Leases and Loans (Future Minimum Lease Payments Receivable Schedule) (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Future Minimum Lease Payments Receivable Schedule [Abstract]
2,015	$ 162,795
2,016	258,989
2,017	163,905
2,018	87,111
2,019	39,858
Thereafter	8,089
Minimum Lease Payments Receivable	720,747	$ 710,801
Future Scheduled Income Amortization [Abstract]
2,015	29,543
2,016	38,521
2,017	19,346
2,018	8,038
2,019	2,420
Thereafter	249
Unearned Lease Income, Including Initial Direct Costs and Fees Deferred	$ 98,117	$ 98,738

Allowance for Credit Losses (Na

Allowance for Credit Losses (Narratives) (Details) - USD ($)

3 Months Ended

6 Months Ended

12 Months Ended

Jun. 30, 2015

Mar. 31, 2015

Jun. 30, 2014

Jun. 30, 2015

Jun. 30, 2014

Dec. 31, 2014

Mar. 31, 2014

[1]

Dec. 31, 2013

Allowance for Credit Losses [Line Items]

Loans and Leases Receivable, Allowance

$ 8,567,000

[1]

$ 9,231,000

[1]

$ 7,725,000

[1]

$ 8,567,000

[1]

$ 7,725,000

[1]

$ 8,537,000

[1]

$ 8,159,000

$ 8,467,000

Net charge-offs

$ (2,880,000)

$ (2,600,000)

$ (2,558,000)

$ (5,526,000)

$ (4,598,000)

$ (9,046,000)

Annualized net charge-offs to average total finance receivables

1.84%

[2]

1.70%

1.71%

[2]

1.77%

[2]

1.55%

[2]

1.50%

[2]

Threshold Period Past Due for Write-off of Financing Receivable

120 days

Threshold Period Past Due For Recognition Of Interest Income

90 days

Commercial Loan [Member]

Allowance for Credit Losses [Line Items]

Loans and Leases Receivable, Allowance

$ 100,000

$ 0

$ 100,000

$ 0

$ 0

[1]

(1) At June 30, 2015 the allowance for credit losses allocated to loans was less than $ 0 . 1 million . At December 31, 2014 and June 30, 2014 , there was no allowance for credit losses allocated to loans.

[2]

(2) Total finance r e ceivables include net investment in direct financing leases and loans. For purposes of asset quality and allowance calculations, the effects of ( i ) the allowance for credit losses and ( ii ) initial direct costs and fees deferred are excluded.

Allowance for Credit Losses (De

Allowance for Credit Losses (Details) - USD ($) $ in Thousands		3 Months Ended						6 Months Ended				12 Months Ended
		Jun. 30, 2015		Mar. 31, 2015		Jun. 30, 2014		Jun. 30, 2015		Jun. 30, 2014		Dec. 31, 2014
Allowance for Credit Losses [Roll Forward]
Allowance for credit losses, beginning of period		$ 9,231	[1]	$ 8,537	[1]	$ 8,159	[1]	$ 8,537	[1]	$ 8,467		$ 8,467
Charge-offs		(3,457)				(3,104)		(6,600)		(5,739)		(11,463)
Recoveries		577				546		1,074		1,141		2,417
Net charge-offs		(2,880)		(2,600)		(2,558)		(5,526)		(4,598)		(9,046)
Provision for credit losses		2,216				2,124		5,556		3,856		9,116
Allowance for credit losses, end of period	[1]	$ 8,567		$ 9,231		$ 7,725		$ 8,567		$ 7,725		$ 8,537
Annualized net charge-offs to average total finance receivables		1.84%	[2]	1.70%		1.71%	[2]	1.77%	[2]	1.55%	[2]	1.50%	[2]
Allowance for credit losses to total finance receivables, end of period	[2]	1.34%				1.26%		1.34%		1.26%		1.36%
Average total finance receivables	[2]	$ 627,079				$ 599,413		$ 624,600		$ 594,668		$ 602,923
Total finance receivables, end of period	[2]	639,333				612,722		639,333		612,722		627,922
Delinquencies greater than 60 days past due		$ 2,899				$ 3,544		$ 2,899		$ 3,544		$ 3,602
Delinquencies greater than 60 days past due as a percentage of total finance receivables	[3]	0.40%				0.51%		0.40%		0.51%		0.51%
Allowance for credit losses to delinquent accounts greater than 60 days past due	[3]	295.52%				217.97%		295.52%		217.97%		237.01%
Non-accrual leases and loans, end of period		$ 1,400				$ 1,903		$ 1,400		$ 1,903		$ 1,700
Renegotiated leases and loans, end of period		$ 600				$ 1,166		$ 600		$ 1,166		$ 1,000
[1]	(1) At June 30, 2015 the allowance for credit losses allocated to loans was less than $ 0 . 1 million . At December 31, 2014 and June 30, 2014 , there was no allowance for credit losses allocated to loans.
[2]	(2) Total finance r e ceivables include net investment in direct financing leases and loans. For purposes of asset quality and allowance calculations, the effects of ( i ) the allowance for credit losses and ( ii ) initial direct costs and fees deferred are excluded.
[3]	(3) Calculated as a percent o f total minimum lease payments receivable for leases and as a percent of principal outstanding for loans.

Other Assets (Details)

Other Assets (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Prepaid Expense and Other Assets [Abstract]
Accrued fees receivable	$ 2,549	$ 2,465
Prepaid expenses	1,501	1,748
Income taxes receivable	1,681	854
Other assets, miscellaneous	3,280	3,250
Other assets, total	$ 9,011	$ 8,317

Commitments and Contingencies37

Commitments and Contingencies (Narratives) (Details) $ in Millions	6 Months Ended
	Jun. 30, 2015USD ($)Number	Jun. 30, 2014USD ($)
Entity Location [Line Items]
Number Of Offices | Number	5
Operating Leases, Rent Expense	$ 0.5	$ 0.5
Membership Expiration Date, Extended	Sep. 30, 2015
Employment Agreement Expiration Date	Nov. 30, 2015
Marlin Business Bank [Member]
Entity Location [Line Items]
Loan Participation Ownership Percentage	1.20%
Unfunded Loan Commitments	$ 0.6

Commitments and Contingencies38

Commitments and Contingencies (Details) $ in Thousands	Jun. 30, 2015USD ($)
Capital And Operating Leases Future Minimum Payments Due [Abstract]
2015, total lease payments due	$ 811
2016, total lease payments due	1,629
2017, total lease payments due	1,589
2018, total lease payments due	1,457
2019, total lease payments due	1,420
Thereafter, total lease payments due	681
Total minimum lease payments due	7,587
Capital Leases, Future Minimum Payments, Present Value of Net Minimum Payments [Abstract]
2015, capital lease payments due	51
2016, capital lease payments due	102
2017, capital lease payments due	77
2018, capital lease payments due	0
2019, capital lease payments due	0
Thereafter, capital lease payments due	0
Total minimum lease payments due, capital leases	230
Less: amount representing interest	(14)
Present value of minimum lease payments, capital leases	216
Operating Leases, Future Minimum Payments Due [Abstract]
2015, operating lease payments due	760
2016, operating lease payments due	1,527
2017, operating lease payments due	1,512
2018, operating lease payments due	1,457
2019, operating lease payments due	1,420
Thereafter, operating lease payments due	681
Total minimum lease payments due, operating leases	$ 7,357

Deposits (Details)

Deposits (Details) - USD ($)	Jun. 30, 2015	Dec. 31, 2014
Contractual Maturities of Time Deposits [Abstract]
2,015	$ 114,329,000
2,016	187,756,000
2,017	125,464,000
2,018	46,768,000
2,019	24,859,000
Thereafter	10,245,000
Total	509,421,000	$ 550,119,000
Maximum time deposit liability denomination	250,000
Cash FDIC Insured Amount	$ 250,000
Weighted average all-in interest rate of all deposit liabilities outstanding	0.99%
Marlin Business Bank [Member]
Contractual Maturities of Time Deposits [Abstract]
Money market deposit accounts	$ 44,800,000

Fair Value Measurements and D40

Fair Value Measurements and Disclosures about the Fair Value of Financial Instruments (Balances Measured at Fair Value on a Recurring Basis) (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	$ 6,258	$ 5,722
Fair Value Assets Level 1 To Level 2 Transfers Amount	0	0
Fair Value Assets Level 2 To Level 1 Transfers Amount	0	0
Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	3,303	3,281
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	$ 2,955	$ 2,441

Fair Value Measurements and D41

Fair Value Measurements and Disclosures about the Fair Value of Financial Instruments (Estimated Fair Values and Carrying Amounts) (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014	Jun. 30, 2014	Dec. 31, 2013
Assets, Fair Value Disclosure [Abstract]
Total cash and cash equivalents	$ 90,740	$ 110,656	$ 98,612	$ 85,653
Restricted interest-earning deposits with banks	543	711
Securities available for sale	6,258	5,722
Time deposits with banks	7,368	0
Loans	2,038	1,123
Liabilities, Fair Value Disclosure [Abstract]
Deposits	554,190	550,119
Carrying (Reported) Amount, Fair Value Disclosure [Member]
Assets, Fair Value Disclosure [Abstract]
Total cash and cash equivalents	90,740	110,656
Restricted interest-earning deposits with banks	543	711
Time deposits with banks	7,368	0
Loans	2,038	1,123
Liabilities, Fair Value Disclosure [Abstract]
Deposits	554,190	550,119
Estimate of Fair Value, Fair Value Disclosure [Member] | Fair Value, Inputs, Level 1 [Member]
Assets, Fair Value Disclosure [Abstract]
Total cash and cash equivalents	90,740	110,656
Restricted interest-earning deposits with banks	543	711
Estimate of Fair Value, Fair Value Disclosure [Member] | Fair Value, Inputs, Level 2 [Member]
Assets, Fair Value Disclosure [Abstract]
Time deposits with banks	7,354	0
Loans	2,006	1,123
Liabilities, Fair Value Disclosure [Abstract]
Deposits	$ 553,807	$ 549,578

Earnings Per Common Share (EPS

Earnings Per Common Share (EPS Basic) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Earnings Per Share, Basic [Abstract]
Net Income	$ 4,149	$ 4,936	$ 8,204	$ 9,579	$ 19,350
Less: net income allocated to participating securities	(118)	(115)	(241)	(274)
Net income allocated to common stock	$ 4,031	$ 4,821	$ 7,963	$ 9,305
Weighted average common shares outstanding	12,817,004	12,891,889	12,837,037	12,929,895
Less: Unvested restricted stock awards considered participating securities	(366,721)	(309,576)	(368,377)	(365,300)
Adjusted weighted average common shares used in computing basic EPS	12,450,283	12,582,313	12,468,660	12,564,595
Basic earnings per share	$ 0.32	$ 0.38	$ 0.64	$ 0.74

Earnings Per Common Share (EP43

Earnings Per Common Share (EPS Diluted) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Earnings Per Share, Diluted [Abstract]
Net income allocated to common stock	$ 4,031	$ 4,821	$ 7,963	$ 9,305
Adjusted weighted average common shares used in computing basic EPS	12,450,283	12,582,313	12,468,660	12,564,595
Add: Effect of dilutive stock options	14,355	53,207	25,215	60,104
Adjusted weighted average common shares used in computing diluted EPS	12,464,638	12,635,520	12,493,875	12,624,699
Diluted earnings per share	$ 0.32	$ 0.38	$ 0.64	$ 0.74
Antidilutive securities excluded from computation of earnings per share amount	14,609	17,222	15,151	15,698

Stockholders' Equity (Narrative

Stockholders' Equity (Narratives) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014	Jul. 29, 2014	Nov. 02, 2007
Dividends Paid [Line Items]
Cash dividends paid			$ 3,215		$ 6,062
Stock Repurchase [Line Items]
Stock Repurchase Program, Authorized Amount						$ 15,000	$ 15,000
Stock Repurchase Program, Remaining Authorized Repurchase Amount	$ 9,400		9,400
Marlin Business Services Corp. [Member]
Regulatory Capital Requirements Miscellaneous Information [Line Items]
Total stockholders equity (regulatory)	$ 176,524		$ 176,524
Total Risk Based Capital Required for Capital Adequacy to Risk Weighted Assets	8.00%		8.00%
Tier One Risk Based Capital to Risk Weighted Assets	25.72%		25.72%
Tier One Leverage Capital Required for Capital Adequacy to Average Assets	4.00%		4.00%
Total Risk Based Capital to Risk Weighted Assets	26.97%		26.97%
Tier One Risk Based Capital Required for Capital Adequacy to Risk Weighted Assets	6.00%		6.00%
Common Equity Tier One Risk Based Capital Required For Capital Adequacy To Risk Weighted Assets	4.50%		4.50%
Common Equity Tier One Risk Based Capital Required To Be Well Capitalized To Risk Weighted Assets	6.50%		6.50%
New Capital Conservation Buffer	2.50%		2.50%
Marlin Business Bank [Member]
Regulatory Capital Requirements Miscellaneous Information [Line Items]
Total stockholders equity (regulatory)	$ 126,326		$ 126,326
Total Risk Based Capital Required for Capital Adequacy to Risk Weighted Assets	15.00%		15.00%
Tier One Risk Based Capital to Risk Weighted Assets	19.23%		19.23%
Tier One Leverage Capital Required for Capital Adequacy to Average Assets	5.00%		5.00%
FDIC Agreement Capital Required To Be Well Capitalized To Risk Weighted Assets	15.00%		15.00%
Total Risk Based Capital to Risk Weighted Assets	20.48%		20.48%
Tier One Risk Based Capital Required for Capital Adequacy to Risk Weighted Assets	8.00%		8.00%
Common Equity Tier One Risk Based Capital Required For Capital Adequacy To Risk Weighted Assets	6.50%		6.50%
Common Equity Tier One Risk Based Capital Required To Be Well Capitalized To Risk Weighted Assets	6.50%		6.50%
New Capital Conservation Buffer	2.50%		2.50%
Instrument Stock Repurchase Plan [Member]
Stock Repurchase [Line Items]
Stock Repurchased During Period, Shares	98,394	113,884	210,523	113,884
Stock Repurchased During Period, Average Cost Per Share	$ 18.96	$ 19.66	$ 18.69	$ 19.66
Instrument Equity Compensation Plan [Member]
Stock Repurchase [Line Items]
Stock Repurchased During Period, Shares	4,541	1,202	37,727	66,277
Stock Repurchased During Period, Average Cost Per Share	$ 17.87	$ 19.88	$ 18.22	$ 22.94

Stockholders' Equity (Regulator

Stockholders' Equity (Regulatory Capital Ratios) (Details) - Jun. 30, 2015 - USD ($)		Total
Marlin Business Services Corp. [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Tier One Leverage Capital		$ 176,524,000
Tier One Leverage Capital Required for Capital Adequacy		30,602,000
Tier One Leverage Capital Required to be Well Capitalized		38,252,000
Common Equity Tier One Risk Based Capital		176,524,000
Common Equity Tier One Risk Based Capital Required For Capital Adequacy		30,886,560
Common Equity Tier One Risk Based Capital Required To Be Well Capitalized		44,613,920
Tier One Risk Based Capital		176,524,000
Tier One Risk Based Capital Required for Capital Adequacy		41,182,000
Tier One Risk Based Capital Required to be Well Capitalized		54,909,000
Total Risk Based Capital		185,091,000
Total Risk Based Capital Required for Capital Adequacy		54,909,000
Total Risk Based Capital Required to be Well Capitalized		$ 68,637,000
Tier One Leverage Capital to Average Assets		23.07%
Tier One Leverage Capital Required for Capital Adequacy to Average Assets		4.00%
Tier One Leverage Capital Required to be Well Capitalized to Average Assets		5.00%
Common Equity Tier One Risk Based Capital To Risk Weighted Assets		25.72%
Common Equity Tier One Risk Based Capital Required For Capital Adequacy To Risk Weighted Assets		4.50%
Common Equity Tier One Risk Based Capital Required To Be Well Capitalized To Risk Weighted Assets		6.50%
Tier One Risk Based Capital to Risk Weighted Assets		25.72%
Tier One Risk Based Capital Required for Capital Adequacy to Risk Weighted Assets		6.00%
Tier One Risk Based Capital Required to be Well Capitalized to Risk Weighted Assets		8.00%
Total Risk Based Capital to Risk Weighted Assets		26.97%
Total Risk Based Capital Required for Capital Adequacy to Risk Weighted Assets		8.00%
Total Risk Based Capital Required to be Well Capitalized to Risk Weighted Assets		10.00%
Marlin Business Bank [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Tier One Leverage Capital		$ 126,326,000
Tier One Leverage Capital Required for Capital Adequacy		35,102,000
Tier One Leverage Capital Required to be Well Capitalized		35,102,000
Common Equity Tier One Risk Based Capital		126,326,000
Common Equity Tier One Risk Based Capital Required For Capital Adequacy		42,695,000
Common Equity Tier One Risk Based Capital Required To Be Well Capitalized		42,695,000
Tier One Risk Based Capital		126,326,000
Tier One Risk Based Capital Required for Capital Adequacy		52,548,000
Tier One Risk Based Capital Required to be Well Capitalized		52,548,000
Total Risk Based Capital		134,541,000
Total Risk Based Capital Required for Capital Adequacy		98,528,000
Total Risk Based Capital Required to be Well Capitalized		$ 65,685,000
Tier One Leverage Capital to Average Assets		17.99%
Tier One Leverage Capital Required for Capital Adequacy to Average Assets		5.00%
Tier One Leverage Capital Required to be Well Capitalized to Average Assets		5.00%
Common Equity Tier One Risk Based Capital To Risk Weighted Assets		19.23%
Common Equity Tier One Risk Based Capital Required For Capital Adequacy To Risk Weighted Assets		6.50%
Common Equity Tier One Risk Based Capital Required To Be Well Capitalized To Risk Weighted Assets		6.50%
Tier One Risk Based Capital to Risk Weighted Assets		19.23%
Tier One Risk Based Capital Required for Capital Adequacy to Risk Weighted Assets		8.00%
Tier One Risk Based Capital Required to be Well Capitalized to Risk Weighted Assets		8.00%
Total Risk Based Capital to Risk Weighted Assets		20.48%
Total Risk Based Capital Required for Capital Adequacy to Risk Weighted Assets		15.00%
Total Risk Based Capital Required to be Well Capitalized to Risk Weighted Assets	[1]	10.00%
[1]	(1 ) MBB is required to maintain “well-capitalized” status and must also maintain a total risk-based capital ratio greater than 15% pursuant to the FDIC Agreement .

Stock-Based Compensation (Narra

Stock-Based Compensation (Narratives) (Details) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Stock-based Compensation Arrangements [Line Items]
Equity Compensation Plan, Aggregate Number of Shares Authorized	1,200,000		1,200,000
Equity Compensation Plan, Number of Shares Available for Grant	949,559		949,559
Number of Shares, Stock Options Granted			0
Stock-based Compensation Expense	$ 300,000	$ 300,000	$ 1,200,000	$ 1,300,000
Stock Options Exercised, Number of Shares			57,855
Excess tax benefits from stock-based payment arrangements			$ 317,000	$ 624,000	$ 754,000
Common Stock Closing Price Per Share	$ 16.88		$ 16.88
Stock Options [Member]
Stock-based Compensation Arrangements [Line Items]
Number of Shares, Stock Options Granted	0	0	0	0
Stock-based Compensation Expense	$ 0	$ 100,000	$ 0	$ 100,000
Stock Options Exercised, Number of Shares	23,691	2,488
Stock Options Exercised, Total Intrinsic Value	$ 200,000	$ 100,000	600,000	100,000
Total Compensation Cost Not yet Recognized on Nonvested Stock-based Awards, Incremental Cost at Maximum Performance	0		$ 0
Stock-based Awards, Vesting Period in Years			4 years
Total Compensation Cost Not yet Recognized on Nonvested Stock-based Awards, Portion Subject to Pre-expiration Vesting	$ 200,000		$ 200,000
Total Compensation Cost Not yet Recognized on Nonvested Stock-based Awards, Portion Subject to Pre-expiration Vesting, Period for Recognition, in Years			1 year 11 months
Stock Options [Member] | Director [Member]
Stock-based Compensation Arrangements [Line Items]
Stock-based Awards, Vesting Period in Years			1 year
Stock Options [Member] | Minimum [Member]
Stock-based Compensation Arrangements [Line Items]
Stock-based Awards, Vesting Period in Years			7 years
Stock Options [Member] | Maximum [Member]
Stock-based Compensation Arrangements [Line Items]
Stock-based Awards, Vesting Period in Years			10 years
Restricted Stock [Member]
Stock-based Compensation Arrangements [Line Items]
Equity Compensation Plan, Aggregate Number of Shares Authorized	1,000,000		1,000,000
Equity Compensation Plan, Number of Shares Available for Grant	749,559		749,559
Stock-based Compensation Expense	$ 300,000	300,000	$ 1,200,000	1,300,000
Total Compensation Cost Not yet Recognized on Nonvested Stock-based Awards	4,600,000		$ 4,600,000
Compensation Cost Not yet Recognized on Nonvested Stock-based Awards, Period for Recognition in Years			4 years 4 months
Stock-based Awards Other Than Options, Subject to Performance Acceleration, Grants in Period			71,480
Stock-based Awards Other Than Options, Contingent on Performance, Grants in Period			0
Stock-based Awards, Grants in Period, Aggregate Grant Date Fair Value	500,000	2,000,000	$ 2,500,000	2,000,000
Stock-based Compensation Expense Due to Performance Acceleration			500,000	647,000
Total Compensation Cost Not yet Recognized on Nonvested Stock-based Awards, Portion Subject to Acceleration	1,800,000		$ 1,800,000
Total Compensation Cost Not yet Recognized on Nonvested Stock-based Awards, Portion Subject to Pre-expiration Vesting, Period for Recognition, in Years			1 year 5 months
Stock-based Awards Other Than Options, Additional Grants Contingently Issuable			57,650
Stock-based Awards Other Than Options, Additional Grants Contingently Issuable Achievement Threshold			100.00%
Stock-based Awards Other than Options, Vested in Period, Total Fair Value	$ 500,000	$ 500,000	$ 2,200,000	$ 4,700,000
Restricted Stock [Member] | Minimum [Member]
Stock-based Compensation Arrangements [Line Items]
Stock-based Awards, Vesting Period in Years			3 years
Restricted Stock [Member] | Minimum [Member] | Director [Member]
Stock-based Compensation Arrangements [Line Items]
Stock-based Awards, Vesting Period in Years			6 months
Restricted Stock [Member] | Maximum [Member]
Stock-based Compensation Arrangements [Line Items]
Stock-based Awards, Vesting Period in Years			10 years
Restricted Stock [Member] | Maximum [Member] | Director [Member]
Stock-based Compensation Arrangements [Line Items]
Stock-based Awards, Vesting Period in Years			7 years

Stock-Based Compensation (Summa

Stock-Based Compensation (Summary of Option Activity) (Details) - $ / shares	6 Months Ended
	Jun. 30, 2015
Stock-based Compensation Arrangements, Options, Outstanding [Roll Forward]
Number of Shares Outstanding, Beginning of Period	193,351
Number of Shares, Stock Options Granted	0
Number of Shares, Stock Options Exercised	(57,855)
Number of Shares, Forfeited	(80,728)
Number of Shares, Expired	0
Number of Shares Outstanding, End of Period	54,768
Weighted Average Exercise Price Per Share, Outstanding at Beginning of Period	$ 10.23
Weighted Average Exercise Price Per Share, Granted	0
Weighted Average Exercise Price Per Share, Exercised	9.62
Weighted Average Exercise Price Per Share, Forfeitures	9.64
Weighted Average Exercise Price Per Share, Expired	0
Weighted Average Exercise Price Per Share, Outstanding at End of Period	$ 11.73

Stock-Based Compensation (Sum48

Stock-Based Compensation (Summary of Stock Options Outstanding and Exercisable) (Details) - USD ($) $ / shares in Units, $ in Thousands	6 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options Outstanding, Number of Shares	54,768	193,351
Options Outstanding, Weighted Average Remaining Life (Years)	1 year 10 months
Options Outstanding, Weighted Average Exercise Price	$ 11.73	$ 10.23
Options Outstanding, Aggregate Intrinsic Value	$ 282
Options Exercisable, Number of Shares	42,266
Options Exercisable, Weighted Average Remaining Life (Years)	1 year 10 months
Options Exercisable, Weighted Average Exercise Price	$ 11.52
Options Exercisable, Aggregate Intrinsic Value	$ 227
$7.17 - 7.79 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options Outstanding and Exercisable, Lower Price in Range Category	$ 7.17
Options Outstanding and Exercisable, Upper Price in Range Category	$ 7.79
Options Outstanding, Number of Shares	6,960
Options Outstanding, Weighted Average Remaining Life (Years)	1 year 4 months
Options Outstanding, Weighted Average Exercise Price	$ 7.24
Options Outstanding, Aggregate Intrinsic Value	$ 67
Options Exercisable, Number of Shares	6,960
Options Exercisable, Weighted Average Remaining Life (Years)	1 year 4 months
Options Exercisable, Weighted Average Exercise Price	$ 7.24
Options Exercisable, Aggregate Intrinsic Value	$ 67
$12.08 - 12.41 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options Outstanding and Exercisable, Lower Price in Range Category	$ 12.08
Options Outstanding and Exercisable, Upper Price in Range Category	$ 12.41
Options Outstanding, Number of Shares	47,808
Options Outstanding, Weighted Average Remaining Life (Years)	1 year 11 months
Options Outstanding, Weighted Average Exercise Price	$ 12.38
Options Outstanding, Aggregate Intrinsic Value	$ 215
Options Exercisable, Number of Shares	35,306
Options Exercisable, Weighted Average Remaining Life (Years)	1 year 11 months
Options Exercisable, Weighted Average Exercise Price	$ 12.36
Options Exercisable, Aggregate Intrinsic Value	$ 160

Stock-Based Compensation (Sum49

Stock-Based Compensation (Summary of Non-Vested Restricted Stock Activity) (Details) - 6 months ended Jun. 30, 2015 - $ / shares	Total
Stock-based Compensation Arrangements, Restricted Stock, Nonvested [Roll Forward]
Shares Outstanding, Beginning of Period	346,036
Shares, Granted	145,793
Shares, Vested	(120,687)
Shares, Forfeited	(16,363)
Shares Outstanding, End of Period	354,779
Weighted Average Grant-Date Fair Value, Outstanding at Beginning of Period	$ 15.99
Weighted Average Grant-Date Fair Value, Granted	17.34
Weighted Average Grant-Date Fair Value, Vested	14.69
Weighted Average Grant-Date Fair Value, Forfeited	18.46
Weighted Average Grant-Date Fair Value, Outstanding at End of Period	$ 16.87

Subsequent Events (Narratives)(

Subsequent Events (Narratives)(Details) $ / shares in Units, $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2015USD ($)Number$ / shares	Dec. 31, 2014USD ($)
Subsequent Event [Line Items]
Cash dividends declared	$ 3,215	$ 6,062
Debt Instrument, Unused Borrowing Capacity, Amount	$ 50,000
Subsequent Event [Member]
Subsequent Event [Line Items]
Cash dividends declared per share | $ / shares	$ 0.14
Cash dividends declared	$ 1,800
Cash dividend declared on common stock, date declared	Jul. 30, 2015
Cash dividend declared on common stock, payable date	Aug. 24, 2015
Cash dividend declared on common stock, date of record	Aug. 14, 2015
Number of consecutive quartely cash dividends declared. | Number	16
Debt Instrument, Maturity Date Range, End	Jul. 7, 2015
Debt Instrument, Maturity Date Range, End Amendment	Oct. 7, 2015