Marlin Business Services (MRLN) 10-Q 29 Jul 16 2016 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2016	Jul. 26, 2016
Document And Entity Information [Abstract]
Document Type	10-Q
Document period end date	Jun. 30, 2016
Amendment flag	false
Document Fiscal Year Focus	2,016
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		12,539,431
Trading Symbol	MRLN

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
ASSETS
Cash and due from banks	$ 3,463,000	$ 4,946,000
Interest-earning deposits with banks	75,304,000	55,183,000
Total cash and cash equivalents	78,767,000	60,129,000
Time deposits	9,108,000	7,368,000
Restricted interest-earning deposits with banks	26,000	216,000
Securities available for sale (amortized cost of $6.4 million and $6.6 million at June 30, 2016 and December 31, 2015, respectively)	6,336,000	6,399,000
Net investment in leases and loans	730,750,000	682,432,000
Property and equipment, net	3,736,000	3,872,000
Property tax receivable	5,381,000	47,000
Other assets	7,687,000	12,521,000
Total assets	841,791,000	772,984,000
LIABILITIES AND STOCKHOLDERS EQUITY
Deposits	650,429,000	587,940,000
Other liabilities:
Sales and property taxes payable	6,948,000	2,686,000
Accounts payable and accrued expenses	13,778,000	15,371,000
Net deferred income tax liability	14,951,000	16,849,000
Total liabilities	686,106,000	622,846,000
Stockholders equity:
Common Stock, $0.01 par value; 75,000,000 shares authorized; 12,539,581 and 12,410,899 shares issued and outstanding at June 30, 2016 and December 31, 2015, respectively	125,000	124,000
Preferred Stock, $0.01 par value; 5,000,000 shares authorized; none issued	0	0
Additional paid-in capital	82,518,000	81,703,000
Stock subscription receivable	(2,000)	(2,000)
Accumulated other comprehensive income (loss)	(22,000)	(129,000)
Retained earnings	73,066,000	68,442,000
Total stockholders equity	155,685,000	150,138,000
Total liabilities and stockholders equity	$ 841,791,000	$ 772,984,000

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Parentheticals) (Unaudited) - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015
Condensed Consolidated Balance Sheets [Abstract]
Available-for-sale securities, amortized cost	$ 6.4	$ 6.6
Common stock par value	$ 0.01	$ 0.01
Common stock shares authorized	75,000,000	75,000,000
Common stock shares issued	12,539,581	12,410,899
Common stock shares outstanding	12,539,581	12,410,899
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, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Condensed Consolidated Statements of Operations (Unaudited)
Interest income	$ 18,187	$ 16,488	$ 35,718	$ 32,975
Fee income	3,969	3,727	7,803	7,847
Interest and fee income	22,156	20,215	43,521	40,822
Interest expense	1,857	1,336	3,549	2,654
Net interest and fee income	20,299	18,879	39,972	38,168
Provision for credit losses	2,668	2,216	5,743	5,556
Net interest and fee income after provision for credit losses	17,631	16,663	34,229	32,612
Other income:
Insurance income	1,570	1,358	3,192	2,824
Other income	493	399	948	764
Other income	2,063	1,757	4,140	3,588
Other expense:
Salaries and benefits	7,812	7,265	16,012	14,232
General and administrative	4,628	4,330	9,093	8,423
Financing related costs	34	42	68	150
Other expense	12,474	11,637	25,173	22,805
Income before income taxes	7,220	6,783	13,196	13,395
Income tax expense	2,752	2,634	5,077	5,191
Net income	$ 4,468	$ 4,149	$ 8,119	$ 8,204
Basic earnings per share	$ 0.36	$ 0.32	$ 0.65	$ 0.64
Diluted earnings per share	0.36	0.32	0.65	0.64
Cash dividends declared and paid per share	$ 0.14	$ 0.125	$ 0.28	$ 0.25

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Comprehensive Income
Net income	$ 4,468	$ 4,149	$ 8,119	$ 8,204
Other Comprehensive Income (Loss)
Increase (decrease) in fair value of securities available for sale	42	(64)	172	(93)
Tax effect	(15)	24	(65)	35
Total other comprehensive income (loss)	27	(40)	107	(58)
Comprehensive Income	$ 4,495	$ 4,109	$ 8,226	$ 8,146

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, 2014	$ 173,964	$ 128	$ 89,130	$ (2)	$ (17)	$ 84,725
Balance, Shares at Dec. 31, 2014		12,838,449
Issuance of common stock	234		234
Issuance of common stock, shares		14,929
Repurchase of common stock	(11,320)	$ (7)	(11,313)
Repurchase of common stock, shares		(659,903)
Exercise of stock options	586		585
Exercise of stock options, shares		61,937
Excess tax benefits from stock-based payment arrangements	333		333
Stock option compensation recognized	108		108
Restricted stock grant		$ 2	(2)
Restricted stock grant, shares		155,487
Restricted stock compensation recognized	2,628		2,628
Net change in unrealized gain/loss on securities available for sale, net of tax	(112)				(112)
Net income	15,966					15,966
Cash dividends paid	(32,249)					(32,249)
Balance at Dec. 31, 2015	$ 150,138	$ 124	81,703	(2)	(129)	68,442
Balance, Shares at Dec. 31, 2015	12,410,899	12,410,899
Issuance of common stock	$ 122		122
Issuance of common stock, shares		7,981
Repurchase of common stock	(317)	$ 0	(317)
Repurchase of common stock, shares		(21,938)
Exercise of stock options	$ 39	$ 0	39
Exercise of stock options, shares	3,455	3,455
Excess tax benefits from stock-based payment arrangements	$ (90)		(90)
Stock option compensation recognized	0		0
Restricted stock grant		$ 1	(1)
Restricted stock grant, shares		139,184
Restricted stock compensation recognized	1,062		1,062
Net change in unrealized gain/loss on securities available for sale, net of tax	107				107
Net income	8,119					8,119
Cash dividends paid	(3,495)					(3,495)
Balance at Jun. 30, 2016	$ 155,685	$ 125	$ 82,518	$ (2)	$ (22)	$ 73,066
Balance, Shares at Jun. 30, 2016	12,539,581	12,539,581

Condensed Consolidated Stateme7

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Cash flows from operating activities:
Net income	$ 8,119	$ 8,204
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	893	787
Stock-based compensation	1,062	1,222
Excess tax (benefits) deficit from stock-based payment arrangements	90	(317)
Provision for credit losses	5,743	5,556
Net deferred income taxes	(1,974)	(1,367)
Amortization of deferred initial direct costs and fees	4,102	3,680
Deferred initial direct costs and fees	(5,471)	(3,874)
Loss on equipment disposed	387	216
Gain on leases sold	(72)	0
Leases originated for sale	(378)	0
Proceeds from sale of leases	2,779	0
Effect of changes in other operating items:
Other assets	(738)	(5,799)
Other liabilities	2,637	1,300
Net cash provided by operating activities	17,179	9,608
Cash flows from investing activities:
Net change in time deposits with banks	(1,740)	(7,368)
Purchases of equipment for direct financing lease contracts and funds used to originate loans	(229,598)	(175,013)
Principal collections on leases and loans	172,817	156,349
Security deposits collected, net of refunds	(382)	(139)
Proceeds from the sale of equipment	1,755	1,650
Acquisitions of property and equipment	(566)	(1,771)
Change in restricted interest-earning deposits with banks	190	168
Purchases of securities available for sale	235	(629)
Net cash provided by (used in) investing activities	(57,289)	(26,753)
Cash flows from financing activities:
Net change in deposits	62,489	4,071
Issuances of common stock	122	121
Repurchases of common stock	(317)	(4,622)
Dividends paid	(3,495)	(3,215)
Exercise of stock options	39	557
Excess tax benefit (deficit) from stock-based payment arrangements	(90)	317
Net cash provided by (used in) financing activities	58,748	(2,771)
Net increase (decrease) in total cash and cash equivalents	18,638	(19,916)
Total cash and cash equivalents, beginning of period	60,129	110,656
Total cash and cash equivalents, end of period	78,767	90,740
Supplemental disclosures of cash flow information:
Cash paid for interest on deposits and borrowings	3,249	2,401
Net cash paid (received) for income taxes	$ 2,632	$ 7,483

The Company

The Company	6 Months Ended
	Jun. 30, 2016
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, 2016
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 present fairly the Compa ny’s financial position at June 30, 2016 and the results of operations for the three-and six- month periods ended June 30, 2016 and 2015 , and cash flows for the six -month periods ended June 30, 2016 and 2015 . 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 4 , 2 01 6. The consol idated results of operations for the three-and six- month periods ended June 30, 2016 and 2015 and the consolidated statements of cash flows for the six -month periods ended June 30, 2016 and 2015 are not necessarily indicative of the results of operations or cash flows for the respective full years or any other period. There have been no significant changes to the Company’s accounting policies as disclosed in the Company’s 2015 Annual Report on Form 10-K. Recent Accounting Pronouncements . In May 2016, the FASB issued Accounting Standards Update 2016-12, Revenue from Contracts with Customers (Topic 606): N arrow-Scope Improvements and Practical Expedients . The amendments in this Update do not change the core principle of the guidance in To pic 606. Rather, the amendments in this Update affect only certain narrow aspects of Topic 606. The amendments in this Update affect the guidance in Accounting Standards Update 2014-09, Revenue from Contracts with Customers (Topic 606) , which is effective beginning after December 15, 2017, including interim periods within that reporting period. The Company is evaluating the impact of this new requirement on the consolidated earnings, financial position and cash flows of the Company. In June 2016, the FASB issued Accounting Standards Update 2016-13 , Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments . The amendments in this Update require a financial asset (or a group of financial assets) measured at amorti zed cost basis to be presented at the net amount expected to be collected. Credit losses relating to available-for-sale debt securities should be recorded through an allowance for cr e dit losses. The amendments in this Update are effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. The Company is evaluating the impact of this new requirement on the consolidated earnings, financial position and cash flows of the Company.

Net Investment in Leases and Lo

Net Investment in Leases and Loans	6 Months Ended
	Jun. 30, 2016
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, 2016 2015 (Dollars in thousands) Minimum lease payments receivable $ 805,745 $ 761,694 Estimated residual value of equipment 27,029 27,364 Unearned lease income, net of initial direct costs and fees deferred (107,934) (102,358) Security deposits (1,826) (2,208) Commercial loans, net of origination costs and fees deferred Funding Stream 12,623 5,115 Other (1) 4,543 1,238 Total commercial loans 17,166 6,353 Allowance for credit losses (9,430) (8,413) $ 730,750 $ 682,432 ________________________ Other loans are comprised of loans by MBB to satisfy its obligations under the Community Reinvestment Act of 1977 and other commercial loans . At June 30, 2016 , there were no minimum lease payments receivable assigned as collateral for the borrowing facility. At June 30, 2016 , there is no amount outstanding under this borrowing facility and the unused borrowing capacity is $ 50 .0 million. In addition, $ 3 4 .2 million in net investment in leases are pledged as collateral for the secured borrowing capacity at the Federal Reserve Disc ount Window. Initial direct costs net of fees deferred were $12.3 million and $11.0 million as of June 30, 2016 and December 31, 2015 , respectively. Initial direct costs are netted in unearned income and are amortized to income using the effectiv e interest method. Origination costs net of fees deferred were $0.2 million and $0.1 million as of June 30, 2016 and December 31, 2015 , respectively. Origination costs are netted in commercial loans and are amortized to income using the effective interest method. At June 30, 2016 and December 31, 2015 , $22.5 million and $22.7 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, 2016 : Minimum Lease Payments Income Receivable Amortization (Dollars in thousands) Period Ending December 31, 2016 $ 177,251 $ 31,305 2017 281,577 41,598 2018 183,089 21,788 2019 102,659 9,688 2020 50,490 3,154 Thereafter 10,679 401 $ 805,745 $ 107,934 As of June 30, 2016 and December 31, 2015 , the Company maintained total finance receivables which were on a non-accrual basis of $1.8 million and $1.7 million, respectively. As of June 30, 2016 and December 31, 2015 , there were no commercial loans on a non-accrual basis. As of June 30, 2016 and December 31, 2015 , the Company had total finance receivables in which the terms of the original agreements had been renegotiated in the amount of $0.5 million. As of June 30, 2016 and December 31, 2015 , there were no commercial loans that had been renegotiated . (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, 2016
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, 2016 2015 2016 2015 2015 (Dollars in thousands) Allowance for credit losses, beginning of period $ 9,191 $ 9,231 $ 8,413 $ 8,537 $ 8,537 Charge-offs (3,180) (3,457) (5,999) (6,600) (12,453) Recoveries 751 577 1,273 1,074 2,334 Net charge-offs (2,429) (2,880) (4,726) (5,526) (10,119) Provision for credit losses 2,668 2,216 5,743 5,556 9,995 Allowance for credit losses, end of period (1) $ 9,430 $ 8,567 $ 9,430 $ 8,567 $ 8,413 Annualized net charge-offs to average total finance receivables (2) 1.38% 1.84% 1.36% 1.77% 1.59% Allowance for credit losses to total finance receivables, end of period (2) 1.30% 1.34% 1.30% 1.34% 1.24% Average total finance receivables (2) $ 706,039 $ 627,079 $ 692,645 $ 624,600 $ 636,790 Total finance receivables, end of period (2) $ 727,707 $ 639,333 $ 727,707 $ 639,333 $ 679,738 Delinquencies greater than 60 days past due $ 3,548 $ 2,899 $ 3,548 $ 2,899 $ 3,163 Delinquencies greater than 60 days past due (3) 0.43% 0.40% 0.43% 0.40% 0.41% Allowance for credit losses to delinquent accounts greater than 60 days past due (3) 265.78% 295.52% 265.78% 295.52% 265.98% Non-accrual leases and loans, end of period $ 1,771 $ 1,433 $ 1,771 $ 1,433 $ 1,677 Renegotiated leases and loans, end of period $ 450 $ 572 $ 450 $ 572 $ 535 __________________ (1) At June 30, 2016 , December 31, 2015 , and June 30, 2015 the allowance for credit losses allocated to loans was $ 0 . 5 million, $ 0 . 2 million, and less than $ 0 . 1 million , respectively. (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 d iscontinued 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, 2016 , December 31, 2015 and June 30, 2015 , there were no f inance receivables past due 90 days or more and still accruing. Net charge-offs for the three-month period ended June 30, 2016 were $2.4 million ( 1.38% of average total finance receivables on an annualized basis), compared to $2.3 million ( 1.35% of average total finance receivables on an annualized basis) for the three-month period ended March 31, 2016 and $2.9 million ( 1.84% of average total finance receivables on an annualized basis) for the three-month period ended June 30, 2015 .

Other Assets

Other Assets	6 Months Ended
	Jun. 30, 2016
Other Assets [Abstract]
Other Assets	NOTE 5 – Other Assets Other assets are comprised of the following: June 30, December 31, 2016 2015 (Dollars in thousands) Accrued fees receivable $ 2,538 $ 2,500 Prepaid expenses 1,848 2,120 Income taxes receivable — 4,427 Other 3,301 3,474 $ 7,687 $ 12,521

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2016
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, 2016 , MBB had an unfunded commitment of $ 1 .0 million for this activity . Unless renewed prior to termination, MBB’s one-year commitment to the consortium will expire in September 201 6 . 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, 2016 , the Company leases all nine of its office locations including its executive offices in Mt. Laurel, New Jersey, and its offices in or near Atlanta, Georgia; Philadelphia, Pennsylvania; Salt Lake City, Utah; Portsmouth, New Hampshire; Highlands Ranch, Colorado; Aurora, Colorado; Denver, Colorado; and Plymouth, Michigan. These lease commitments are accounted for as operating leases. The Company has entered into several capital leases to finance corp orate property and equipment. The following is a schedule of future minimum lease payments for capital and operating leases as of June 30, 2016 : Future Minimum Lease Payment Obligations Capital Operating Period Ending December 31, Leases Leases Total (Dollars in thousands) 2016 $ 51 $ 794 $ 845 2017 77 1,531 1,608 2018 — 1,472 1,472 2019 — 1,435 1,435 2020 — 687 687 Total minimum lease payments $ 128 $ 5,919 $ 6,047 Less: amount representing interest (5) Present value of minimum lease payments $ 123 Rent expense was $ 0.5 million for each of the six -month periods ended June 30, 2016 and June 30, 2015 .

Deposits

Deposits	6 Months Ended
	Jun. 30, 2016
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, 2016 , money market deposit accounts totaled $ 51 .1 million. As of June 30, 2016 , the remaining scheduled matur ities of certificates of deposits are as follows: Scheduled Maturities (Dollars in thousands) Period Ending December 31, 2016 $ 120,042 2017 222,366 2018 127,202 2019 69,926 2020 42,072 Thereafter 17,705 Total $ 599,313 Certificates of deposits issued by MBB are time deposits and are generally 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, 2016 was 1.21% .

Fair Value Measurements and Dis

Fair Value Measurements and Disclosures about the Fair Value of Financial Instruments	6 Months Ended
	Jun. 30, 2016
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 in GAAP as the price that would be received to sell an asset or the price that would be paid to transfer a liability on the measurement date. GAAP focuses on the exit price in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants. 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, 2016 and December 31, 2015 : June 30, 2016 December 31, 2015 Fair Value Measurements Using Fair Value Measurements Using Level 1 Level 2 Level 1 Level 2 (Dollars in thousands) Assets Securities available for sale $ 3,436 $ 2,900 $ 3,332 $ 3,067 At this time, the Company has not elected to report any assets or 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, 2016 December 31, 2015 Carrying Fair Carrying Fair Amount Value Amount Value (Dollars in thousands) Financial Assets Cash and cash equivalents $ 78,767 $ 78,767 $ 60,129 $ 60,129 Time deposits with banks 9,108 9,125 7,368 7,356 Restricted interest-earning deposits with banks 26 26 216 216 Loans, net of allowance 16,663 16,778 6,179 6,152 Financial Liabilities Deposits $ 650,429 $ 652,105 $ 587,940 $ 586,898 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, 2016 and December 31, 2015 , 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 depos its 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 The 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 floating market rate of interest which results in a fair value approximating the carrying amount at June 30, 2016 and December 31, 2015 . This fair value measurement is classified as Level 1. Securities Available for Sale Securities available 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 ma rket 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 include 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 fair 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. Leve l 2 securities include municipal bonds. Loans The loan balances are comprised of three types of loans. 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 residents. 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, 2016 and December 31, 2015 as it is 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 business 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. The Company invests in loans to our customers in the franchise finance channel. These loans may be secured by equipment being acquired, blanket liens on personal property, or specific equipment already owned by the customer. The fair value of loans is estimated by discounting the future cash flows using the current rate at which similar loans would be made to borrowers with similar credit, collateral, and for the same remaining maturities. 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 the 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, 2016
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, 2016 2015 2016 2015 (Dollars in thousands, except per-share data) Basic EPS Net income $ 4,468 $ 4,149 $ 8,119 $ 8,204 Less: net income allocated to participating securities (129) (118) (231) (241) Net income allocated to common stock $ 4,339 $ 4,031 $ 7,888 $ 7,963 Weighted average common shares outstanding 12,506,900 12,817,004 12,489,741 12,837,037 Less: Unvested restricted stock awards considered participating securities (370,240) (366,721) (360,944) (368,377) Adjusted weighted average common shares used in computing basic EPS 12,136,660 12,450,283 12,128,797 12,468,660 Basic EPS $ 0.36 $ 0.32 $ 0.65 $ 0.64 Diluted EPS Net income allocated to common stock $ 4,339 $ 4,031 $ 7,888 $ 7,963 Adjusted weighted average common shares used in computing basic EPS 12,136,660 12,450,283 12,128,797 12,468,660 Add: Effect of dilutive stock options 6,521 14,355 6,237 25,215 Adjusted weighted average common shares used in computing diluted EPS 12,143,181 12,464,638 12,135,034 12,493,875 Diluted EPS $ 0.36 $ 0.32 $ 0.65 $ 0.64 For the three-month periods ended June 30, 2016 and June 30, 2015 , options to purchase 2,224 and 14,609 shares of common stock, respectively , were considered antidilutive and therefore were not considered in the computation of potential common shares for purposes of diluted EPS . For the six -month periods ended June 30, 2016 and June 30, 2015 , options to purchase 2,279 and 15,151 shares of common stock , respectively, were considered antidilutive and therefore were not considered in the computation of potential common shares for purposes of diluted EPS .

Stockholders' Equity

Stockholders' Equity	6 Months Ended
	Jun. 30, 2016
Stockholders' Equity [Abstract]
Stockholders' Equity	NOTE 10 – Stockholders’ Equity Stockholders’ Equity 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 authorized 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 authorized 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, 2016 , the Company did not repurchase any of its common stock under the 2014 Repurchase Plan in the open market. D uring the three- and six -month period s ended June 30, 2015 , the Company purchased 98,394 shares and 210,523 shares of its common stock under the 2014 Repurchase Plan at an average cost of $ 18.96 and $ 18.69 , respectively. At June 30, 2016 , the Company had $ 3.2 million remaining in the 2014 Repurchase Plan . In addition to the repurchases described above, participants in the Company’s 2014 Equity Compensation Plan (approved by the Company’s shareholders on June 3, 2014) (the “ 2014 Plan”) may have shares withheld to cover income taxes. There were 490 and 21,938 shares repurchased to cover income tax withholding in connection with shares granted under the 2014 Plan during each of the three- and six - month period s ended June 30, 2016 , at average per-share cost s of $ 14.89 and $ 14.45 , respectively . There were 4,541 and 37,727 shares repurchased to cover income tax withholding in connection with shares granted under the 2014 Plan during the three- and six - month periods ended June 30, 2015 , at average per-share costs of $ 17.87 and $ 18.22 , 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 Tier 1 leverage ratio of 4% . The new standards raised the required minimum Tier 1 risk-based ratio from 4% to 6%. The t otal risk-based capital ratio of 8% did not change. The new capital adequacy standards establ ish a new common equity Tier 1 risk-based capital ratio with a required 4.5% minimum (6.5% to be considered well-capitalized). The Company is required to have a level of regulatory capital in excess of the regulatory minimum and to have a capital buffer ab ove 0.625% for 2016. 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 wi th the opening of MBB (the “FDIC Agreement”) . MBB’s Tier 1 Capital balance at June 30, 2016 was $127.5 million, which met all capital requirements to which MBB is subject and qualified MBB for “well-capitalized” status. At June 30, 2016 , the Compa ny also exceeded its regulatory 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, 2016 . 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. 18.90% $ 155,706 4% $ 32,954 5% $ 41,192 Marlin Business Bank 15.92% $ 127,514 5% $ 40,049 5% $ 40,049 Common Equity Tier 1 Risk-Based Capital Marlin Business Services Corp. 20.14% $ 155,706 4.5% $ 34,789 6.5% $ 50,251 Marlin Business Bank 16.89% $ 127,514 6.5% $ 49,085 6.5% $ 49,085 Tier 1 Risk-based Capital Marlin Business Services Corp. 20.14% $ 155,706 6% $ 46,385 8% $ 61,847 Marlin Business Bank 16.89% $ 127,514 8% $ 60,412 8% $ 60,412 Total Risk-based Capital Marlin Business Services Corp. 21.36% $ 165,136 8% $ 61,847 10% $ 77,309 Marlin Business Bank 18.12% $ 136,843 15% $ 113,273 10% (1) $ 75,516 __________________ (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 institution. Five capital categories have been established under federal banking regulations : well-capitalized, adequately cap italized, undercapitalized, significantly undercapitalized and critically undercapitalized. Well-capitalized institutions significantly exceed the required minimum level for each relevant capital measure. Adequately capitalized institutions include depos itory institutions that meet but do not significantly exceed the required minimum level for each relevant capital measure. Undercapitalized 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 for any relevant capital measure. Critically undercapitalized refers to depository institutions with minimal capital a nd at serious risk for government seizure. Under certain circumstances, a well-capitalized, adequately capitalized or undercapitalized institution may be treated as if the institution were in the next lower capital category. A depository institution is g enerally prohibited from making capital distributions, including paying dividends, or paying management fees to a holding company if the institution would thereafter be undercapitalized. Institutions that are adequately capitalized but not well-capitalize d cannot accept, renew or roll over brokered deposits except with a waiver from the FDIC and are subject to restrictions on the interest rates that can be paid on such deposits. Undercapitalized institutions may not accept, renew or roll over brokered depo sits. The federal bank regulatory agencies are permitted or, in certain cases, required to take certain actions with respect to institutions 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 institution’s holding company is entitled to a priority of payment in bankruptcy. Pursuant to the FDIC Agreement entered in to in conjunction with the opening of MBB, MBB must keep its total risk-based capital ratio above 15%. MBB’s total risk-based capital ratio of 18.12% at June 30, 2016 exceeded the threshold for “well capitalized” status under the applicable laws a nd 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 a ssessment 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 e arnings, dividends may be paid if the distribution is prudent relative to the organization’s financial position and risk profile, after consideration of current and prospective economic conditions.

Stock-Based Compensation

Stock-Based Compensation	6 Months Ended
	Jun. 30, 2016
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 778,934 shares available for future grants under the 2014 Plan as of June 30, 2016 , of which 578,934 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, 2016 and June 30, 2015 . Total stock-based compensation expense was $ 1.1 million and $ 1.2 million f or the six - month periods ended June 30, 2016 and June 30, 2015 , respectively . An excess tax deficit from stock-based payment arrangements increased cash provided by operating activities and decreased cash provided by financing activities by $0.1 million for the six -month period ended June 3 0 , 2016. Excess tax benefits from stock-bas ed payment arrangements increased cash provided by financing activities and decreased cash provided by operating a ctivities by $0.3 million for the six - month period s ended June 30, 2015 . 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 opti ons 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, 2016 and June 30, 2015 . A summary of option activity for the six - month period ended June 30, 2016 follows: Weighted Average Number of Exercise Price Options Shares Per Share Outstanding, December 31, 2015 50,686 $ 12.09 Granted — — Exercised (3,455) 11.29 Forfeited (1,666) 12.41 Expired — — Outstanding, June 30, 2016 45,565 12.14 During each of the three-month periods ended June 30, 2016 and June 30, 2015 the Company did not recognize compensation expense related to options. During each of the six - month periods ended June 30, 2016 and June 30, 2015 the Company did not recognize compensation expense related to options. There were 3,455 and 23,691 stock options exercised during the three-month periods ended June 30, 2016 and June 30, 2015 , respectively. The total pretax intrinsic v alue s of stock options exercised were less than $ 0.1 million and $ 0.2 million for the three-month periods ended June 30, 2016 and June 30, 2015 , respectively. The total pretax intrinsic value s of stock options exercised were less than $ 0.1 million and $ 0.6 million for the six - month period s ended June 30, 2016 and June 30, 2015 , respectively. The following table summarizes information about the stock options outstanding and exercisable as of June 30, 2016 : 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 2,041 0.3 $ 7.17 $ 19 2,041 0.3 $ 7.17 $ 19 $ 12.08 - 12.41 43,524 0.9 12.37 171 41,300 0.9 12.37 162 45,565 0.9 12.14 $ 190 43,341 0.9 12.13 $ 181 The aggregate intrinsic value in the preceding table represents the total pretax intrinsic value, based on the Company’s closing stock price of $16.30 as of June 30, 2016 , which would have been received by the option holders had all option holders exercised their options as of that date. As of June 30, 2016 , 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, 2016 , $ 0.1 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 0.9 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 Compensa tion Plan s . The 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 t he achievement of 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 three 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, 2016 , 74,207 shares may be subject to accelerated vesting based on individual performance factors ; no shares have vesting contingent upon performance factors. Vesting was accelerated in 2015 and 2016 on certain awards b ased on the achievement 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 gran t 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, 2016 : Weighted Average Grant-Date Non-vested restricted stock Shares Fair Value Outstanding at December 31, 2015 313,236 $ 16.65 Granted 157,516 14.80 Vested (58,184) 18.22 Forfeited (18,332) 18.01 Outstanding at June 30, 2016 394,236 15.62 During the three-month periods ended June 30, 2016 and June 30, 2015 , the Company granted restricted stock awards with grant date fair values totaling $ 0.6 million and $ 0.5 million, respectively. During the six - month periods ended June 30, 2016 and June 30, 2015 , the Company granted restricted stock awards with grant date fair values totaling $ 2.3 million and $ 2.5 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 per iods ended June 30, 2016 and June 30, 2015 , respectively. The Company recognized $ 1.1 million and $ 1.2 million of compensation expense related to restricted stock for the six - month periods ended June 30, 2016 and June 30, 2015 , respectively. Of the $ 1.1 million total compensation expense related to restricted stock for the six -month period ended June 30, 2016 , approximately $ 0.5 million related to accelerated vesting during the fir st quarter of 2016 , based on achievement of certain performance criteria determined annually. Of the $ 1.2 million total compensation expense related to restricted stock for the six -month period ended June 30, 2015 , approxima tely $ 0.5 million related to accelerated vesting during the first quarter of 2015 , which was also based on the achievement of certain performance criteria determined annually. As of June 30, 2016 , there was $ 4.5 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, $ 1.6 mi llion of the unrecognized compensation cost would accelerate to be recognized over a weighted average period of 1.5 years. In addition, certain of the awards granted may result in the issuance of 57,998 additional shares of stock if achievement 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 the three-mo nth periods ended June 30, 2016 and June 30, 2015 was $ 0.1 million and $ 0.5 million, respectively. The fair value of shares that vested during the six - month periods ended June 30, 2016 and June 30, 2015 was $ 0.8 million and $ 2.2 million, respectively.

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2016
Subsequent Events [Abstract]
Events Subsequent to Year-End	NOTE 12 – Subsequent Events The Company declared a dividend of $0.140 per share on July 28, 2016 . The quarterly dividend, which is expected to result in a dividend payment of approximately $1.8 million, is scheduled to be paid on August 18, 2016 to shareholders of record on the close of business on August 8, 2016 . It represents the Company’s twentieth consecutive quarterly cash dividend. The payment of future dividends will be subj ect to approval by the Company’s Board of Directors.

Summary of Critical Accountin20

Summary of Critical Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2016
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 present fairly the Compa ny’s financial position at June 30, 2016 and the results of operations for the three-and six- month periods ended June 30, 2016 and 2015 , and cash flows for the six -month periods ended June 30, 2016 and 2015 . 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 4 , 2 01 6. The consol idated results of operations for the three-and six- month periods ended June 30, 2016 and 2015 and the consolidated statements of cash flows for the six -month periods ended June 30, 2016 and 2015 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 May 2016, the FASB issued Accounting Standards Update 2016-12, Revenue from Contracts with Customers (Topic 606): N arrow-Scope Improvements and Practical Expedients . The amendments in this Update do not change the core principle of the guidance in To pic 606. Rather, the amendments in this Update affect only certain narrow aspects of Topic 606. The amendments in this Update affect the guidance in Accounting Standards Update 2014-09, Revenue from Contracts with Customers (Topic 606) , which is effective beginning after December 15, 2017, including interim periods within that reporting period. The Company is evaluating the impact of this new requirement on the consolidated earnings, financial position and cash flows of the Company. In June 2016, the FASB issued Accounting Standards Update 2016-13 , Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments . The amendments in this Update require a financial asset (or a group of financial assets) measured at amorti zed cost basis to be presented at the net amount expected to be collected. Credit losses relating to available-for-sale debt securities should be recorded through an allowance for cr e dit losses. The amendments in this Update are effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. The Company is evaluating the impact of this new requirement on the consolidated earnings, financial position and cash flows of the Company.

Net Investment in Leases and 21

Net Investment in Leases and Loans (Tables)	6 Months Ended
	Jun. 30, 2016
Net Investment in Leases and Loans [Abstract]
Components of Net Investment in Leases and Loans [Table Text Block]	June 30, December 31, 2016 2015 (Dollars in thousands) Minimum lease payments receivable $ 805,745 $ 761,694 Estimated residual value of equipment 27,029 27,364 Unearned lease income, net of initial direct costs and fees deferred (107,934) (102,358) Security deposits (1,826) (2,208) Commercial loans, net of origination costs and fees deferred Funding Stream 12,623 5,115 Other (1) 4,543 1,238 Total commercial loans 17,166 6,353 Allowance for credit losses (9,430) (8,413) $ 730,750 $ 682,432
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, 2016 $ 177,251 $ 31,305 2017 281,577 41,598 2018 183,089 21,788 2019 102,659 9,688 2020 50,490 3,154 Thereafter 10,679 401 $ 805,745 $ 107,934

Allowance for Credit Losses (Ta

Allowance for Credit Losses (Tables)	6 Months Ended
	Jun. 30, 2016
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, 2016 2015 2016 2015 2015 (Dollars in thousands) Allowance for credit losses, beginning of period $ 9,191 $ 9,231 $ 8,413 $ 8,537 $ 8,537 Charge-offs (3,180) (3,457) (5,999) (6,600) (12,453) Recoveries 751 577 1,273 1,074 2,334 Net charge-offs (2,429) (2,880) (4,726) (5,526) (10,119) Provision for credit losses 2,668 2,216 5,743 5,556 9,995 Allowance for credit losses, end of period (1) $ 9,430 $ 8,567 $ 9,430 $ 8,567 $ 8,413 Annualized net charge-offs to average total finance receivables (2) 1.38% 1.84% 1.36% 1.77% 1.59% Allowance for credit losses to total finance receivables, end of period (2) 1.30% 1.34% 1.30% 1.34% 1.24% Average total finance receivables (2) $ 706,039 $ 627,079 $ 692,645 $ 624,600 $ 636,790 Total finance receivables, end of period (2) $ 727,707 $ 639,333 $ 727,707 $ 639,333 $ 679,738 Delinquencies greater than 60 days past due $ 3,548 $ 2,899 $ 3,548 $ 2,899 $ 3,163 Delinquencies greater than 60 days past due (3) 0.43% 0.40% 0.43% 0.40% 0.41% Allowance for credit losses to delinquent accounts greater than 60 days past due (3) 265.78% 295.52% 265.78% 295.52% 265.98% Non-accrual leases and loans, end of period $ 1,771 $ 1,433 $ 1,771 $ 1,433 $ 1,677 Renegotiated leases and loans, end of period $ 450 $ 572 $ 450 $ 572 $ 535

Other Assets (Tables)

Other Assets (Tables)	6 Months Ended
	Jun. 30, 2016
Prepaid Expense and Other Assets [Abstract]
Schedule of Other Assets [Table Text Block]	June 30, December 31, 2016 2015 (Dollars in thousands) Accrued fees receivable $ 2,538 $ 2,500 Prepaid expenses 1,848 2,120 Income taxes receivable — 4,427 Other 3,301 3,474 $ 7,687 $ 12,521

Commitments and Contingencies (

Commitments and Contingencies (Tables)	6 Months Ended
	Jun. 30, 2016
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) 2016 $ 51 $ 794 $ 845 2017 77 1,531 1,608 2018 — 1,472 1,472 2019 — 1,435 1,435 2020 — 687 687 Total minimum lease payments $ 128 $ 5,919 $ 6,047 Less: amount representing interest (5) Present value of minimum lease payments $ 123

Deposits (Tables)

Deposits (Tables)	6 Months Ended
	Jun. 30, 2016
Contractual Maturities of Time Deposits [Abstract]
Contractual Maturities Of Time Deposits [Table Text Block]	Scheduled Maturities (Dollars in thousands) Period Ending December 31, 2016 $ 120,042 2017 222,366 2018 127,202 2019 69,926 2020 42,072 Thereafter 17,705 Total $ 599,313

Fair Value Measurements and D26

Fair Value Measurements and Disclosures about the Fair Value of Financial Instruments (Tables)	6 Months Ended
	Jun. 30, 2016
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, 2016 December 31, 2015 Fair Value Measurements Using Fair Value Measurements Using Level 1 Level 2 Level 1 Level 2 (Dollars in thousands) Assets Securities available for sale $ 3,436 $ 2,900 $ 3,332 $ 3,067
Schedule of Carrying Amount and Estimated Fair Value of Financial Instruments [Table Text Block]	June 30, 2016 December 31, 2015 Carrying Fair Carrying Fair Amount Value Amount Value (Dollars in thousands) Financial Assets Cash and cash equivalents $ 78,767 $ 78,767 $ 60,129 $ 60,129 Time deposits with banks 9,108 9,125 7,368 7,356 Restricted interest-earning deposits with banks 26 26 216 216 Loans, net of allowance 16,663 16,778 6,179 6,152 Financial Liabilities Deposits $ 650,429 $ 652,105 $ 587,940 $ 586,898

Earnings Per Common Share (Tabl

Earnings Per Common Share (Tables)	6 Months Ended
	Jun. 30, 2016
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, 2016 2015 2016 2015 (Dollars in thousands, except per-share data) Basic EPS Net income $ 4,468 $ 4,149 $ 8,119 $ 8,204 Less: net income allocated to participating securities (129) (118) (231) (241) Net income allocated to common stock $ 4,339 $ 4,031 $ 7,888 $ 7,963 Weighted average common shares outstanding 12,506,900 12,817,004 12,489,741 12,837,037 Less: Unvested restricted stock awards considered participating securities (370,240) (366,721) (360,944) (368,377) Adjusted weighted average common shares used in computing basic EPS 12,136,660 12,450,283 12,128,797 12,468,660 Basic EPS $ 0.36 $ 0.32 $ 0.65 $ 0.64 Diluted EPS Net income allocated to common stock $ 4,339 $ 4,031 $ 7,888 $ 7,963 Adjusted weighted average common shares used in computing basic EPS 12,136,660 12,450,283 12,128,797 12,468,660 Add: Effect of dilutive stock options 6,521 14,355 6,237 25,215 Adjusted weighted average common shares used in computing diluted EPS 12,143,181 12,464,638 12,135,034 12,493,875 Diluted EPS $ 0.36 $ 0.32 $ 0.65 $ 0.64

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	6 Months Ended
	Jun. 30, 2016
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. 18.90% $ 155,706 4% $ 32,954 5% $ 41,192 Marlin Business Bank 15.92% $ 127,514 5% $ 40,049 5% $ 40,049 Common Equity Tier 1 Risk-Based Capital Marlin Business Services Corp. 20.14% $ 155,706 4.5% $ 34,789 6.5% $ 50,251 Marlin Business Bank 16.89% $ 127,514 6.5% $ 49,085 6.5% $ 49,085 Tier 1 Risk-based Capital Marlin Business Services Corp. 20.14% $ 155,706 6% $ 46,385 8% $ 61,847 Marlin Business Bank 16.89% $ 127,514 8% $ 60,412 8% $ 60,412 Total Risk-based Capital Marlin Business Services Corp. 21.36% $ 165,136 8% $ 61,847 10% $ 77,309 Marlin Business Bank 18.12% $ 136,843 15% $ 113,273 10% (1) $ 75,516

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	6 Months Ended
	Jun. 30, 2016
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, 2015 50,686 $ 12.09 Granted — — Exercised (3,455) 11.29 Forfeited (1,666) 12.41 Expired — — Outstanding, June 30, 2016 45,565 12.14
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 2,041 0.3 $ 7.17 $ 19 2,041 0.3 $ 7.17 $ 19 $ 12.08 - 12.41 43,524 0.9 12.37 171 41,300 0.9 12.37 162 45,565 0.9 12.14 $ 190 43,341 0.9 12.13 $ 181
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, 2015 313,236 $ 16.65 Granted 157,516 14.80 Vested (58,184) 18.22 Forfeited (18,332) 18.01 Outstanding at June 30, 2016 394,236 15.62

The Company (Narrative) (Detail

The Company (Narrative) (Details)	6 Months Ended
	Jun. 30, 2016Number
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, 2016	Dec. 31, 2015	Jun. 30, 2015
Net Investment in Leases and Loans [Abstract]
Net Investment in Leases, Initial Direct Costs	$ 12,300,000	$ 11,000,000
Net Investment in Loans, Origination Costs	200,000	100,000
Product Information [Line Items]
Estimated Residual Value of Equipment	27,029,000	27,364,000
Loans and Leases Receivable, Collateral for Secured Borrowings	0
Non-accrual leases and loans, end of period	1,771,000	1,677,000	$ 1,433,000
Renegotiated leases and loans, end of period	450,000	535,000	$ 572,000
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	34,200,000
Copier Product [Member]
Product Information [Line Items]
Estimated Residual Value of Equipment	$ 22,500,000	$ 22,700,000

Net Investment in Leases and 32

Net Investment in Leases and Loans (Net Investment Components) (Details) - USD ($) $ in Thousands		Jun. 30, 2016		Mar. 31, 2016	Dec. 31, 2015		Jun. 30, 2015	[2]	Mar. 31, 2015	Dec. 31, 2014
Net Investment in Leases and Loans [Abstract]
Minimum lease payments receivable		$ 805,745			$ 761,694
Estimated Residual Value of Equipment		27,029			27,364
Unearned Lease Income, Net Of Initial Direct Costs and Fees Deferred		(107,934)			(102,358)
Security Deposits		(1,826)			(2,208)
Funding Stream		12,623			5,115
Other commercial loans	[1]	4,543			1,238
Commercial loans, net of origination costs and fees deferred		17,166			6,353
Allowance for Credit Losses		(9,430)	[2]	$ (9,191)	(8,413)	[2]	$ (8,567)		$ (9,231)	$ (8,537)
Net investment in leases and loans		$ 730,750			$ 682,432
[1]	Other loans are comprised of loans by MBB to satisfy its obligations under the Community Reinvestment Act of 1977 and other commercial loans .
[2]	(1) At June 30, 2016 , December 31, 2015 , and June 30, 2015 the allowance for credit losses allocated to loans was $ 0 . 5 million, $ 0 . 2 million, and less than $ 0 . 1 million , respectively.

Net Investment in Leases and 33

Net Investment in Leases and Loans (Future Minimum Lease Payments Receivable Schedule) (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Future Minimum Lease Payments Receivable Schedule [Abstract]
2,016	$ 177,251
2,017	281,577
2,018	183,089
2,019	102,659
2,020	50,490
Thereafter	10,679
Minimum Lease Payments Receivable	805,745	$ 761,694
Future Scheduled Income Amortization [Abstract]
2,016	31,305
2,017	41,598
2,018	21,788
2,019	9,688
2,020	3,154
Thereafter	401
Unearned Lease Income, Including Initial Direct Costs and Fees Deferred	$ 107,934	$ 102,358

Allowance for Credit Losses (Na

Allowance for Credit Losses (Narratives) (Details) - USD ($) $ in Thousands		3 Months Ended					6 Months Ended				12 Months Ended
		Jun. 30, 2016		Mar. 31, 2016	Jun. 30, 2015		Jun. 30, 2016		Jun. 30, 2015		Dec. 31, 2015		Mar. 31, 2015	Dec. 31, 2014
Allowance for Credit Losses [Line Items]
Loans and Leases Receivable, Allowance		$ 9,430	[1]	$ 9,191	$ 8,567	[1]	$ 9,430	[1]	$ 8,567	[1]	$ 8,413	[1]	$ 9,231	$ 8,537
Net charge-offs		$ (2,429)		$ (2,297)	$ (2,880)		$ (4,726)		$ (5,526)		$ (10,119)
Annualized net charge-offs to average total finance receivables	[2]	1.38%		1.35%	1.84%		1.36%		1.77%		1.59%
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		$ 500			$ 100		$ 500		$ 100		$ 200
[1]	(1) At June 30, 2016 , December 31, 2015 , and June 30, 2015 the allowance for credit losses allocated to loans was $ 0 . 5 million, $ 0 . 2 million, and less than $ 0 . 1 million , respectively.
[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, 2016		Mar. 31, 2016		Jun. 30, 2015		Jun. 30, 2016		Jun. 30, 2015		Dec. 31, 2015
Allowance for Credit Losses [Roll Forward]
Allowance for credit losses, beginning of period		$ 9,191		$ 8,413	[1]	$ 9,231		$ 8,413	[1]	$ 8,537		$ 8,537
Charge-offs		(3,180)				(3,457)		(5,999)		(6,600)		(12,453)
Recoveries		751				577		1,273		1,074		2,334
Net charge-offs		(2,429)		(2,297)		(2,880)		(4,726)		(5,526)		(10,119)
Provision for credit losses		2,668				2,216		5,743		5,556		9,995
Allowance for credit losses, end of period		$ 9,430	[1]	$ 9,191		$ 8,567	[1]	$ 9,430	[1]	$ 8,567	[1]	$ 8,413	[1]
Annualized net charge-offs to average total finance receivables	[2]	1.38%		1.35%		1.84%		1.36%		1.77%		1.59%
Allowance for credit losses to total finance receivables, end of period	[2]	1.30%				1.34%		1.30%		1.34%		1.24%
Average total finance receivables	[2]	$ 706,039				$ 627,079		$ 692,645		$ 624,600		$ 636,790
Total finance receivables, end of period	[2]	727,707				639,333		727,707		639,333		679,738
Delinquencies greater than 60 days past due		$ 3,548				$ 2,899		$ 3,548		$ 2,899		$ 3,163
Delinquencies greater than 60 days past due as a percentage of total finance receivables	[3]	0.43%				0.40%		0.43%		0.40%		0.41%
Allowance for credit losses to delinquent accounts greater than 60 days past due	[3]	265.78%				295.52%		265.78%		295.52%		265.98%
Non-accrual leases and loans, end of period		$ 1,771				$ 1,433		$ 1,771		$ 1,433		$ 1,677
Renegotiated leases and loans, end of period		$ 450				$ 572		$ 450		$ 572		$ 535
[1]	(1) At June 30, 2016 , December 31, 2015 , and June 30, 2015 the allowance for credit losses allocated to loans was $ 0 . 5 million, $ 0 . 2 million, and less than $ 0 . 1 million , respectively.
[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, 2016	Dec. 31, 2015
Prepaid Expense and Other Assets [Abstract]
Accrued fees receivable	$ 2,538	$ 2,500
Prepaid expenses	1,848	2,120
Income taxes receivable	0	4,427
Other assets, miscellaneous	3,301	3,474
Other assets, total	$ 7,687	$ 12,521

Commitments and Contingencies37

Commitments and Contingencies (Narratives) (Details) $ in Millions	6 Months Ended
	Jun. 30, 2016USD ($)Number	Jun. 30, 2015USD ($)
Entity Location [Line Items]
Number Of Offices | Number	9
Operating Leases, Rent Expense	$ 0.5	$ 0.5
Membership Expiration Date, Extended	Sep. 30, 2016
Marlin Business Bank [Member]
Entity Location [Line Items]
Loan Participation Ownership Percentage	1.20%
Unfunded Loan Commitments	$ 1

Commitments and Contingencies38

Commitments and Contingencies (Details) $ in Thousands	Jun. 30, 2016USD ($)
Capital Leases, Future Minimum Payments, Present Value of Net Minimum Payments [Abstract]
2016, capital lease payments due	$ 51
2017, capital lease payments due	77
2018, capital lease payments due	0
2019, capital lease payments due	0
2020, capital lease payments due	0
Thereafter, capital lease payments due	0
Total minimum lease payments due, capital leases	128
Less: amount representing interest	(5)
Present value of minimum lease payments, capital leases	123
Operating Leases, Future Minimum Payments Due [Abstract]
2016, operating lease payments due	794
2017, operating lease payments due	1,531
2018, operating lease payments due	1,472
2019, operating lease payments due	1,435
2020, operating lease payments due	687
Thereafter, operating lease payments due	0
Total minimum lease payments due, operating leases	5,919
Capital And Operating Leases Future Minimum Payments Due [Abstract]
2016, total lease payments due	845
2017, total lease payments due	1,608
2018, total lease payments due	1,472
2019, total lease payments due	1,435
2020, total lease payments due	687
Thereafter, total lease payments due	0
Total minimum lease payments due	$ 6,047

Deposits (Details)

Deposits (Details) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Contractual Maturities of Time Deposits [Abstract]
2,016	$ 120,042,000
2,017	222,366,000
2,018	127,202,000
2,019	69,926,000
2,020	42,072,000
Thereafter	17,705,000
Total	599,313,000	$ 587,940,000
Maximum time deposit liability denomination	250,000
Cash FDIC Insured Amount	$ 250,000
Weighted average all-in interest rate of all deposit liabilities outstanding	1.21%
Marlin Business Bank [Member]
Contractual Maturities of Time Deposits [Abstract]
Money market deposit accounts	$ 51,100,000

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, 2016	Dec. 31, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	$ 6,336	$ 6,399
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	3,436	3,332
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	$ 2,900	$ 3,067

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, 2016	Dec. 31, 2015	Jun. 30, 2015	Dec. 31, 2014
Assets, Fair Value Disclosure [Abstract]
Total cash and cash equivalents	$ 78,767	$ 60,129	$ 90,740	$ 110,656
Restricted interest-earning deposits with banks	26	216
Securities available for sale	6,336	6,399
Time deposits with banks	9,108	7,368
Commercial loans, net of origination costs and fees deferred	17,166	6,353
Liabilities, Fair Value Disclosure [Abstract]
Deposits	650,429	587,940
Carrying (Reported) Amount, Fair Value Disclosure [Member]
Assets, Fair Value Disclosure [Abstract]
Total cash and cash equivalents	78,767	60,129
Restricted interest-earning deposits with banks	26	216
Time deposits with banks	9,108	7,368
Loans, net of allowance	16,663	6,179
Liabilities, Fair Value Disclosure [Abstract]
Deposits	650,429	587,940
Estimate of Fair Value, Fair Value Disclosure [Member] | Fair Value, Inputs, Level 1 [Member]
Assets, Fair Value Disclosure [Abstract]
Total cash and cash equivalents	78,767	60,129
Restricted interest-earning deposits with banks	26	216
Estimate of Fair Value, Fair Value Disclosure [Member] | Fair Value, Inputs, Level 2 [Member]
Assets, Fair Value Disclosure [Abstract]
Time deposits with banks	9,125	7,356
Loans, net of allowance	16,778	6,152
Liabilities, Fair Value Disclosure [Abstract]
Deposits	$ 652,105	$ 586,898

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, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Earnings Per Share, Basic [Abstract]
Net Income	$ 4,468	$ 4,149	$ 8,119	$ 8,204	$ 15,966
Less: net income allocated to participating securities	(129)	(118)	(231)	(241)
Net income allocated to common stock	$ 4,339	$ 4,031	$ 7,888	$ 7,963
Weighted average common shares outstanding	12,506,900	12,817,004	12,489,741	12,837,037
Less: Unvested restricted stock awards considered participating securities	(370,240)	(366,721)	(360,944)	(368,377)
Adjusted weighted average common shares used in computing basic EPS	12,136,660	12,450,283	12,128,797	12,468,660
Basic earnings per share	$ 0.36	$ 0.32	$ 0.65	$ 0.64

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, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Earnings Per Share, Diluted [Abstract]
Net income allocated to common stock	$ 4,339	$ 4,031	$ 7,888	$ 7,963
Adjusted weighted average common shares used in computing basic EPS	12,136,660	12,450,283	12,128,797	12,468,660
Add: Effect of dilutive stock options	6,521	14,355	6,237	25,215
Adjusted weighted average common shares used in computing diluted EPS	12,143,181	12,464,638	12,135,034	12,493,875
Diluted earnings per share	$ 0.36	$ 0.32	$ 0.65	$ 0.64
Antidilutive securities excluded from computation of earnings per share amount	2,224	14,609	2,279	15,151

Stockholders' Equity (Narrative

Stockholders' Equity (Narratives) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015	Jul. 29, 2014
Dividends Paid [Line Items]
Cash dividends paid			$ 3,495		$ 32,249
Stock Repurchase [Line Items]
Stock Repurchase Program, Authorized Amount						$ 15,000
Stock Repurchase Program, Remaining Authorized Repurchase Amount	$ 3,200		3,200
Marlin Business Services Corp. [Member]
Regulatory Capital Requirements Miscellaneous Information [Line Items]
Total stockholders equity (regulatory)	$ 155,706		$ 155,706
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	20.14%		20.14%
Tier One Leverage Capital Required for Capital Adequacy to Average Assets	4.00%		4.00%
Total Risk Based Capital to Risk Weighted Assets	21.36%		21.36%
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	0.625%		0.625%
Marlin Business Bank [Member]
Regulatory Capital Requirements Miscellaneous Information [Line Items]
Total stockholders equity (regulatory)	$ 127,514		$ 127,514
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	16.89%		16.89%
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	18.12%		18.12%
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	0.625%		0.625%
Instrument Stock Repurchase Plan [Member]
Stock Repurchase [Line Items]
Stock Repurchased During Period, Shares		98,394		210,523
Stock Repurchased During Period, Average Cost Per Share		$ 18.96		$ 18.69
Instrument Equity Compensation Plan [Member]
Stock Repurchase [Line Items]
Stock Repurchased During Period, Shares	490	4,541	21,938	37,727
Stock Repurchased During Period, Average Cost Per Share	$ 14.89	$ 17.87	$ 14.45	$ 18.22

Stockholders' Equity (Regulator

Stockholders' Equity (Regulatory Capital Ratios) (Details)	Jun. 30, 2016USD ($)
Marlin Business Services Corp. [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Tier One Leverage Capital	$ 155,706,000
Tier One Leverage Capital Required for Capital Adequacy	32,954,000
Tier One Leverage Capital Required to be Well Capitalized	41,192,000
Common Equity Tier One Risk Based Capital	155,706,000
Common Equity Tier One Risk Based Capital Required For Capital Adequacy	34,788,915
Common Equity Tier One Risk Based Capital Required To Be Well Capitalized	50,250,655
Tier One Risk Based Capital	155,706,000
Tier One Risk Based Capital Required for Capital Adequacy	46,385,000
Tier One Risk Based Capital Required to be Well Capitalized	61,847,000
Total Risk Based Capital	165,136,000
Total Risk Based Capital Required for Capital Adequacy	61,847,000
Total Risk Based Capital Required to be Well Capitalized	$ 77,309,000
Tier One Leverage Capital to Average Assets	18.90%
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	20.14%
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	20.14%
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	21.36%
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	$ 127,514,000
Tier One Leverage Capital Required for Capital Adequacy	40,049,000
Tier One Leverage Capital Required to be Well Capitalized	40,049,000
Common Equity Tier One Risk Based Capital	127,514,000
Common Equity Tier One Risk Based Capital Required For Capital Adequacy	49,085,000
Common Equity Tier One Risk Based Capital Required To Be Well Capitalized	49,085,000
Tier One Risk Based Capital	127,514,000
Tier One Risk Based Capital Required for Capital Adequacy	60,412,000
Tier One Risk Based Capital Required to be Well Capitalized	60,412,000
Total Risk Based Capital	136,843,000
Total Risk Based Capital Required for Capital Adequacy	113,273,000
Total Risk Based Capital Required to be Well Capitalized	$ 75,516,000
Tier One Leverage Capital to Average Assets	15.92%
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	16.89%
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	16.89%
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	18.12%
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	10.00%	[1]
[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, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
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	778,934		778,934
Number of Shares, Stock Options Granted			0
Stock-based Compensation Expense	$ 300,000	$ 300,000	$ 1,100,000	$ 1,200,000
Stock Options Exercised, Number of Shares			3,455
Excess tax benefits from stock-based payment arrangements			$ (90,000)	$ 317,000	$ 333,000
Common Stock Closing Price Per Share	$ 16.3		$ 16.3
Stock Options [Member]
Stock-based Compensation Arrangements [Line Items]
Number of Shares, Stock Options Granted	0	0	0	0
Stock-based Compensation Expense	$ 0	$ 0	$ 0	$ 0
Stock Options Exercised, Number of Shares	3,455	23,691
Stock Options Exercised, Total Intrinsic Value	$ 100,000	$ 200,000	100,000	600,000
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	$ 100,000		$ 100,000
Total Compensation Cost Not yet Recognized on Nonvested Stock-based Awards, Portion Subject to Pre-expiration Vesting, Period for Recognition, in Years			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	578,934		578,934
Stock-based Compensation Expense	$ 300,000	300,000	$ 1,100,000	1,200,000
Total Compensation Cost Not yet Recognized on Nonvested Stock-based Awards	4,500,000		$ 4,500,000
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			74,207
Stock-based Awards Other Than Options, Contingent on Performance, Grants in Period			0
Stock-based Awards, Grants in Period, Aggregate Grant Date Fair Value	600,000	500,000	$ 2,300,000	2,500,000
Stock-based Compensation Expense Due to Performance Acceleration			500,000	534,000
Total Compensation Cost Not yet Recognized on Nonvested Stock-based Awards, Portion Subject to Acceleration	1,600,000		$ 1,600,000
Total Compensation Cost Not yet Recognized on Nonvested Stock-based Awards, Portion Subject to Pre-expiration Vesting, Period for Recognition, in Years			1 year 6 months
Stock-based Awards Other Than Options, Additional Grants Contingently Issuable			57,998
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	$ 100,000	$ 500,000	$ 800,000	$ 2,200,000
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)	6 Months Ended
	Jun. 30, 2016$ / sharesshares
Stock-based Compensation Arrangements, Options, Outstanding [Roll Forward]
Number of Shares Outstanding, Beginning of Period | shares	50,686
Number of Shares, Stock Options Granted | shares	0
Number of Shares, Stock Options Exercised | shares	(3,455)
Number of Shares, Forfeited | shares	(1,666)
Number of Shares, Expired | shares	0
Number of Shares Outstanding, End of Period | shares	45,565
Weighted Average Exercise Price Per Share, Outstanding at Beginning of Period | $ / shares	$ 12.09
Weighted Average Exercise Price Per Share, Granted | $ / shares	0
Weighted Average Exercise Price Per Share, Exercised | $ / shares	11.29
Weighted Average Exercise Price Per Share, Forfeitures | $ / shares	12.41
Weighted Average Exercise Price Per Share, Expired | $ / shares	0
Weighted Average Exercise Price Per Share, Outstanding at End of Period | $ / shares	$ 12.14

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, 2016	Dec. 31, 2015
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options Outstanding, Number of Shares	45,565	50,686
Options Outstanding, Weighted Average Remaining Life (Years)	11 months
Options Outstanding, Weighted Average Exercise Price	$ 12.14	$ 12.09
Options Outstanding, Aggregate Intrinsic Value	$ 190
Options Exercisable, Number of Shares	43,341
Options Exercisable, Weighted Average Remaining Life (Years)	11 months
Options Exercisable, Weighted Average Exercise Price	$ 12.13
Options Exercisable, Aggregate Intrinsic Value	$ 181
$7.17 - 7.17 [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	$ 7.17
Options Outstanding, Number of Shares	2,041
Options Outstanding, Weighted Average Remaining Life (Years)	4 months
Options Outstanding, Weighted Average Exercise Price	$ 7.17
Options Outstanding, Aggregate Intrinsic Value	$ 19
Options Exercisable, Number of Shares	2,041
Options Exercisable, Weighted Average Remaining Life (Years)	4 months
Options Exercisable, Weighted Average Exercise Price	$ 7.17
Options Exercisable, Aggregate Intrinsic Value	$ 19
$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	43,524
Options Outstanding, Weighted Average Remaining Life (Years)	11 months
Options Outstanding, Weighted Average Exercise Price	$ 12.37
Options Outstanding, Aggregate Intrinsic Value	$ 171
Options Exercisable, Number of Shares	41,300
Options Exercisable, Weighted Average Remaining Life (Years)	11 months
Options Exercisable, Weighted Average Exercise Price	$ 12.37
Options Exercisable, Aggregate Intrinsic Value	$ 162

Stock-Based Compensation (Sum49

Stock-Based Compensation (Summary of Non-Vested Restricted Stock Activity) (Details)	6 Months Ended
	Jun. 30, 2016$ / sharesshares
Stock-based Compensation Arrangements, Restricted Stock, Nonvested [Roll Forward]
Shares Outstanding, Beginning of Period | shares	313,236
Shares, Granted | shares	157,516
Shares, Vested | shares	(58,184)
Shares, Forfeited | shares	(18,332)
Shares Outstanding, End of Period | shares	394,236
Weighted Average Grant-Date Fair Value, Outstanding at Beginning of Period | $ / shares	$ 16.65
Weighted Average Grant-Date Fair Value, Granted | $ / shares	14.8
Weighted Average Grant-Date Fair Value, Vested | $ / shares	18.22
Weighted Average Grant-Date Fair Value, Forfeited | $ / shares	18.01
Weighted Average Grant-Date Fair Value, Outstanding at End of Period | $ / shares	$ 15.62

Subsequent Events (Narratives)(

Subsequent Events (Narratives)(Details) $ / shares in Units, $ in Thousands	Jul. 28, 2016USD ($)Number$ / shares	Jun. 30, 2016USD ($)	Dec. 31, 2015USD ($)
Subsequent Event [Line Items]
Cash dividends declared		$ 3,495	$ 32,249
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. 28, 2016
Cash dividend declared on common stock, payable date	Aug. 18, 2016
Cash dividend declared on common stock, date of record	Aug. 8, 2016
Number of consecutive quartely cash dividends declared. | Number	20