Marlin Business Services (MRLN) 10-Q 31 Oct 16 2016 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2016	Oct. 25, 2016
Document And Entity Information [Abstract]
Document Type	10-Q
Document period end date	Sep. 30, 2016
Amendment flag	false
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q3
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		12,564,606
Trading Symbol	MRLN

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($)		Sep. 30, 2016	Dec. 31, 2015
ASSETS
Cash and due from banks		$ 3,850,000	$ 4,946,000
Interest-earning deposits with banks		73,775,000	55,183,000
Total cash and cash equivalents		77,625,000	60,129,000
Time deposits		9,107,000	7,368,000
Restricted interest-earning deposits with banks		0	216,000
Securities available for sale (amortized cost of $6.1 million and $6.6 million at September 30, 2016 and December 31, 2015, respectively)		6,075,000	6,399,000
Net investment in leases and loans, excluding allowance for credit losses		769,495,000	690,845,000
Allowance for Credit Losses	[1]	(10,073,000)	(8,413,000)
Net investment in leases and loans		759,422,000	682,432,000
Property and equipment, net		3,624,000	3,872,000
Property tax receivable		5,415,000	47,000
Other assets		7,733,000	12,521,000
Total assets		869,001,000	772,984,000
LIABILITIES AND STOCKHOLDERS EQUITY
Deposits		676,920,000	587,940,000
Other liabilities:
Sales and property taxes payable		5,137,000	2,686,000
Accounts payable and accrued expenses		13,814,000	15,371,000
Net deferred income tax liability		14,462,000	16,849,000
Total liabilities		710,333,000	622,846,000
Stockholders equity:
Common Stock, $0.01 par value; 75,000,000 shares authorized; 12,564,761 and 12,410,899 shares issued and outstanding at September 30, 2016 and December 31, 2015, respectively		126,000	124,000
Preferred Stock, $0.01 par value; 5,000,000 shares authorized; none issued		0	0
Additional paid-in capital		82,892,000	81,703,000
Stock subscription receivable		(2,000)	(2,000)
Accumulated other comprehensive income (loss)		(5,000)	(129,000)
Retained earnings		75,657,000	68,442,000
Total stockholders equity		158,668,000	150,138,000
Total liabilities and stockholders equity		$ 869,001,000	$ 772,984,000
[1]	(1) At September 30, 2016 , December 31, 2015 , and September 30, 2015 the allowance for credit losses allocated to loans was $ 0 . 7 million, $ 0 . 2 million, and less than $ 0 . 1 million , respectively.

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Parentheticals) (Unaudited) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Condensed Consolidated Balance Sheets [Abstract]
Available-for-sale securities, amortized cost	$ 6.1	$ 6.6
Common stock par value	$ 0.01	$ 0.01
Common stock shares authorized	75,000,000	75,000,000
Common stock shares issued	12,564,761	12,410,899
Common stock shares outstanding	12,564,761	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		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Condensed Consolidated Statements of Operations (Unaudited)
Interest income	$ 18,803	$ 16,690	$ 54,521	$ 49,665
Fee income	3,944	3,915	11,747	11,762
Interest and fee income	22,747	20,605	66,268	61,427
Interest expense	2,055	1,433	5,604	4,087
Net interest and fee income	20,692	19,172	60,664	57,340
Provision for credit losses	3,137	1,986	8,880	7,542
Net interest and fee income after provision for credit losses	17,555	17,186	51,784	49,798
Other income:
Insurance premiums written and earned	1,567	1,470	4,759	4,294
Other income	1,065	572	2,013	1,336
Other income	2,632	2,042	6,772	5,630
Other expense:
Salaries and benefits	7,817	7,058	23,829	21,290
General and administrative	4,980	4,357	14,073	12,780
Financing related costs	17	34	85	184
Other expense	12,814	11,449	37,987	34,254
Income before income taxes	7,373	7,779	20,569	21,174
Income tax expense	3,028	2,982	8,105	8,173
Net income	$ 4,345	$ 4,797	$ 12,464	$ 13,001
Basic earnings per share	$ 0.35	$ 0.38	$ 1	$ 1.01
Diluted earnings per share	0.35	0.38	1	1.01
Cash dividends declared and paid per share	$ 0.14	$ 2.14	$ 0.42	$ 2.39

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Comprehensive Income
Net income	$ 4,345	$ 4,797	$ 12,464	$ 13,001
Other Comprehensive Income (Loss)
Increase (decrease) in fair value of securities available for sale	28	78	200	(15)
Tax effect	(11)	(30)	(76)	5
Total other comprehensive income (loss)	17	48	124	(10)
Comprehensive Income	$ 4,362	$ 4,845	$ 12,588	$ 12,991

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	$ 1	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, net of forfeitures		$ 2	(2)
Restricted stock grant, shares, net of forfeitures		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	(330)	$ 0	(330)
Repurchase of common stock, shares		(22,673)
Exercise of stock options	$ 71	$ 0	71
Exercise of stock options, shares	6,880	6,880
Excess tax benefits from stock-based payment arrangements	$ (86)		(86)
Stock option compensation recognized	0		0
Restricted stock grant, net of forfeitures		$ 2	(2)
Restricted stock grant, shares, net of forfeitures		161,674
Restricted stock compensation recognized	1,414		1,414
Net change in unrealized gain/loss on securities available for sale, net of tax	124				124
Net income	12,464					12,464
Cash dividends paid	(5,249)					(5,249)
Balance at Sep. 30, 2016	$ 158,668	$ 126	$ 82,892	$ (2)	$ (5)	$ 75,657
Balance, Shares at Sep. 30, 2016	12,564,761	12,564,761

Condensed Consolidated Stateme7

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Cash flows from operating activities:
Net income	$ 12,464	$ 13,001
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	1,360	1,214
Stock-based compensation	1,414	1,548
Excess tax (benefits) deficit from stock-based payment arrangements	86	(323)
Provision for credit losses	8,880	7,542
Net deferred income taxes	(2,482)	(1,975)
Amortization of deferred initial direct costs and fees	6,275	5,575
Deferred initial direct costs and fees	(8,539)	(6,150)
Loss on equipment disposed	574	300
Gain on leases sold	(198)	0
Leases originated for sale	(625)	0
Proceeds from sale of leases	6,775	0
Effect of changes in other operating items:
Other assets	(962)	521
Other liabilities	898	2,011
Net cash provided by operating activities	25,920	23,264
Cash flows from investing activities:
Net change in time deposits with banks	(1,739)	(7,368)
Purchases of equipment for direct financing lease contracts and funds used to originate loans	(357,686)	(276,915)
Principal collections on leases and loans	265,450	237,671
Security deposits collected, net of refunds	(549)	(281)
Proceeds from the sale of equipment	2,651	2,512
Acquisitions of property and equipment	(800)	(2,127)
Change in restricted interest-earning deposits with banks	216	322
Purchases of securities available for sale	525	(341)
Net cash provided by (used in) investing activities	(91,932)	(46,527)
Cash flows from financing activities:
Net change in deposits	88,980	29,506
Issuances of common stock	122	121
Repurchases of common stock	(330)	(7,706)
Dividends paid	(5,249)	(5,005)
Exercise of stock options	71	586
Excess tax benefit (deficit) from stock-based payment arrangements	(86)	323
Net cash provided by (used in) financing activities	83,508	17,825
Net increase (decrease) in total cash and cash equivalents	17,496	(5,438)
Total cash and cash equivalents, beginning of period	60,129	110,656
Total cash and cash equivalents, end of period	77,625	105,218
Supplemental disclosures of cash flow information:
Cash paid for interest on deposits and borrowings	5,201	3,647
Net cash paid (received) for income taxes	$ 5,534	$ 9,340

The Company

The Company	9 Months Ended
	Sep. 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 Corpora tion (“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 (“Assurance One”), which enables us to reinsure the property insurance coverage for the equipment financed by MLC and Marlin Business Bank (“MBB”) for our end user customer s . 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 Corporati on (“FDIC”)-insured 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	9 Months Ended
	Sep. 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 Company’s financial position at September 30, 2016 and the results of operations for t he three-and nine- month periods ended September 30, 2016 and 2015 , and cash flows for the nine -month periods ended September 30, 2016 and 2015 . These unaudited condensed consolidated financial statements should be read in conjunction with t he 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, 2016. The consolidated results of operations for the three-and nine- month periods ended September 30, 2016 and 2015 and the consolidated statements of cash flows for the nine -month periods ended September 30, 2016 and 2015 are not necessarily indicative of the results of operations or cash flows for the respective full years or an y other period. Insurance Premiums Written and Earned Insurance premiums written and earned are recognized over the term of the policy, which is month to month. Since the policy’s premiums are recognized month to month, there is no unearned premium on the Consolidated Balance Sheets as these are fully recognized through the Consolidated Statements of Operations in the month written. For all annual and interim periods, second quarter 2016 and prior, income and expense related to insurance premiums written and earned , insurance policy fees, deferred acquisition costs, premium taxes and provision for losses and loss adjustment expenses is recorded within the “Insurance premiums written and earned” line on the Consolidated Statement of Operations. Effective third quarter 2016, on a prospective basis, only insurance premium written and earned w as recorded to that line. Effective third quarter 2016, on a prospective basis, insurance policy fee s w ere recorded to “Other i ncome” and deferred acquisition costs, premium taxes and provision for losses and loss adjustment expenses were recorded in “ General and administrative ” expense . For the years ended Dec ember 31, 2015 and 2014, insurance premiums written and earned were $5.5 million and $5.0 million, respectively. For the nine -month s ended September 30, 2016 , insurance premiums written and earned were $ 4 .6 million. Other Income Other income includes various administrative transaction fees, insurance policy fees , fees received from referral of leases to third parties and gain on sale of leases, recognized as earned. Effective third quarter 2016, on a prospective basis, the insurance policy fees are re cognized in the Consolidated Statements of Operations in “Other income” and for all previous annual and interim periods are reco rded net in “ Insurance premiums written and earned .” Insurance Program Deferred Acquisition Costs Deferred acquisitions costs represent the fees paid to a third-party insurance company. Effective third quarter 2016, on a prospective basis, the costs are recognized on the Consolidated Statements of Operations in “General and administrative” expense and for all previous interim and annual periods are recognized net in “Insura nce premiums written and earned .” For each of the years ended December 31, 2015, 2014 and 2013, the Company recognized deferred acquisition costs of less than $0.8 million . For the nine -month s ended September 30, 2016 , the company recognized $0. 5 million of deferr ed acquisition costs . Since the policy’s premiums are recognized on a month to month basis, there is no deferred acquisition costs on the Consolidated Balance Sheet as these are fully recognized through the Consolidated Statements of Operations in the mo nth written. Provision for Unpaid Losses and Loss Adjustment Expenses The Company records a provision for insurance losses and loss adjustment expenses . Effective third quarter 2016, on a prospective basis, the expense was recorded in “General and administrative” expense on the Consolidated Statements of Operations and for all previous annual and interim periods is recorded net in “ Insurance premiums written and earned .” The liability for losses and loss adjustment expenses includes an amount determined from loss reports and individual cases and an amount, based on historical loss experience and industry statistics, for losses incurred but not reported (“IB NR”). These estimates are continually reviewed and are subject to the impact of future changes in such factors as claim severity and frequency. Loss and loss expenses are paid when advised by the third-party insurance company. Outstanding losses compris e estimates of the amount of reported losses and loss expenses received from the third-party insurance company plus a provision for losses IBNR. IBNR is determined with the assistance of a third-party actuary. For each of the years ended December 31, 2015 , 2014, and 2013, the Company recognized provision for unpaid losses and loss adjustment expenses of less than $0.4 million. For the nine -month period ended September 30, 2016 , the company recognized provision for unpaid losses and loss adjustment expenses of less than $0. 5 million. There have been no other significant changes to our Critical Accounting Policies as described in our 2015 Annual Report on Form 10-K. Recent Accounting Pronouncements . In August 2016, the FASB issued Accounting Standards Update 2016-1 5, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments (a consensus of the Emerging Issues Task Force) . The amendments in this Update provide guidance on eight specific cash flow issues. The amendments in this Update are effective for public business entities for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. The Company will apply the amendments in this Update retrospectiv ely to each period presented. T he C ompany 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	9 Months Ended
	Sep. 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: September 30, December 31, 2016 2015 (Dollars in thousands) Minimum lease payments receivable $ 832,507 $ 761,694 Estimated residual value of equipment 26,908 27,364 Unearned lease income, net of initial direct costs and fees deferred (111,536) (102,358) Security deposits (1,659) (2,208) Commercial loans, net of origination costs and fees deferred Funding Stream 16,253 5,115 Other (1) 7,022 1,238 Total commercial loans 23,275 6,353 Allowance for credit losses (10,073) (8,413) $ 759,422 $ 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 September 30, 2016 , $ 31.1 million in net investment in leases are pledged as collateral for the secured borrowing capacity at the Federal Reserve Discount Window. Initial direct costs net of fees deferred were $ 13.1 million and $11.0 million as of September 30, 2016 and December 31, 2015 , respectively. Initial direct costs are netted in unearned income and are amortized to income using the effective interest method. Origination costs net of fees deferred were $0.3 million and $0.1 million as of September 30, 2016 and December 31, 2015 , respectively. Origination costs are ne tted in commercial loans and are amortized to income using the effective interest method. At September 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, incl uding initial direct costs and fees deferred, are as follows as of September 30, 2016 : Minimum Lease Payments Income Receivable Amortization (Dollars in thousands) Period Ending December 31, 2016 $ 90,463 $ 17,028 2017 315,763 49,007 2018 213,328 26,904 2019 126,128 12,788 2020 66,113 4,841 Thereafter 20,712 968 $ 832,507 $ 111,536 As of September 30, 2016 and December 31, 2015 , the Company maintained total finance receivables which were on a non-accrual basis of $2.0 million and $1.7 million, respectively. As of September 30, 2016 , there were $0.2 million of commercial loans on a non-accrual basis. As of December 31, 2015 , there were no commercial loans on a non-accrual basis. As of September 30, 2016 and December 31, 2015 , the Company had total finance receivables in which the terms of the original agreements had been r enegotiated in the amount of $0.4 million and $0.5 million, respectively. As of September 30, 2016 , there were less than $0.1 million of commercial loans that had been renegotiated. As of December 31, 2015 , there were no commercial l oans 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	9 Months Ended
	Sep. 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 Nine Months Ended Year Ended September 30, September 30, December 31, 2016 2015 2016 2015 2015 (Dollars in thousands) Allowance for credit losses, beginning of period $ 9,430 $ 8,567 $ 8,413 $ 8,537 $ 8,537 Charge-offs (3,062) (2,595) (9,060) (9,196) (12,453) Recoveries 568 630 1,840 1,705 2,334 Net charge-offs (2,494) (1,965) (7,220) (7,491) (10,119) Provision for credit losses 3,137 1,986 8,880 7,542 9,995 Allowance for credit losses, end of period (1) $ 10,073 $ 8,588 $ 10,073 $ 8,588 $ 8,413 Annualized net charge-offs to average total finance receivables (2) 1.36% 1.23% 1.36% 1.59% 1.59% Allowance for credit losses to total finance receivables, end of period (2) 1.33% 1.31% 1.33% 1.31% 1.24% Average total finance receivables (2) $ 732,346 $ 641,020 $ 705,879 $ 630,073 $ 636,790 Total finance receivables, end of period (2) $ 756,144 $ 657,143 $ 756,144 $ 657,143 $ 679,738 Delinquencies greater than 60 days past due $ 3,885 $ 3,186 $ 3,885 $ 3,186 $ 3,163 Delinquencies greater than 60 days past due (3) 0.45% 0.43% 0.45% 0.43% 0.41% Allowance for credit losses to delinquent accounts greater than 60 days past due (3) 259.28% 269.55% 259.28% 269.55% 265.98% Non-accrual leases and loans, end of period $ 2,022 $ 1,684 $ 2,022 $ 1,684 $ 1,677 Renegotiated leases and loans, end of period $ 350 $ 468 $ 350 $ 468 $ 535 __________________ (1) At September 30, 2016 , December 31, 2015 , and September 30, 2015 the allowance for credit losses allocated to loans was $ 0 . 7 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 September 30, 2016 , December 31, 2015 and September 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 September 30, 2016 were $2.5 million ( 1.36% of average total finance receivables on an annualized basis), compared to $2.4 million ( 1.38% of average total finance receivables on an annualized basis) for the three-month period ended June 30, 2016 and $2.0 million ( 1.23% of average total finance receivables on an annualized basis) for the three-month period ended September 30, 2015 .

Other Assets

Other Assets	9 Months Ended
	Sep. 30, 2016
Other Assets [Abstract]
Other Assets	NOTE 5 – Other Assets Other assets are comprised of the following: September 30, December 31, 2016 2015 (Dollars in thousands) Accrued fees receivable $ 2,554 $ 2,500 Prepaid expenses 1,529 2,120 Income taxes receivable — 4,427 Other 3,650 3,474 $ 7,733 $ 12,521

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 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 September 30, 2016 , MBB had an unfunded commitment of $ 0 .9 million for this activity . Unless renewed prior to termination, MBB’s one-year commitment to the consortium will expire in September 2 01 7 . 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 September 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 September 30, 2016 : Future Minimum Lease Payment Obligations Capital Operating Period Ending December 31, Leases Leases Total (Dollars in thousands) 2016 $ 25 $ 396 $ 421 2017 77 1,531 1,608 2018 — 1,472 1,472 2019 — 1,435 1,435 2020 — 687 687 Total minimum lease payments $ 102 $ 5,521 $ 5,623 Less: amount representing interest (3) Present value of minimum lease payments $ 99 Rent expense was $0.8 million for each of the nine- month periods ended September 30, 2016 and September 30, 2015 .

Deposits

Deposits	9 Months Ended
	Sep. 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 September 30, 2016 , money market deposit accounts totaled $ 50.8 million. As of September 30, 2016 , the remaining scheduled matur ities of certificates of deposits are as follows: Scheduled Maturities (Dollars in thousands) Period Ending December 31, 2016 $ 64,434 2017 238,491 2018 158,865 2019 82,659 2020 54,746 Thereafter 26,959 Total $ 626,154 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 September 30, 2016 was 1.24% .

Fair Value Measurements and Dis

Fair Value Measurements and Disclosures about the Fair Value of Financial Instruments	9 Months Ended
	Sep. 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 pr ice 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 be tween 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 th e 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 level 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 a ssets or liabilities. Level 2 – Inputs to the valuation 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 obs ervable inputs are not available. The Company characterizes 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 tr ansaction volumes, and price quotations that vary substantially 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 September 30, 2016 and December 31, 2015 : September 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 $ 3,439 $ 2,636 $ 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: September 30, 2016 December 31, 2015 Carrying Fair Carrying Fair Amount Value Amount Value (Dollars in thousands) Financial Assets Cash and cash equivalents $ 77,625 $ 77,625 $ 60,129 $ 60,129 Time deposits with banks 9,107 9,129 7,368 7,356 Restricted interest-earning deposits with banks — — 216 216 Loans, net of allowance 22,530 22,683 6,179 6,152 Financial Liabilities Deposits $ 676,920 $ 677,476 $ 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 September 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 maintained 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 account s earned a floating market rate of interest which resulted in a fair value approximating the carrying amount at 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 market for the s ecurity 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 mutua l 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 hi erarchy. The third-party vendors use a variety of methods when pricing securities that incorporate relevant market data to arrive at an estimate of what a buyer in the marketplace would pay for a security under current market conditions. Level 2 securities include municipal bonds. Loans 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 offer ing 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 September 30, 2016 a nd 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 busines s 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 custome rs 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")	9 Months Ended
	Sep. 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 September 30, Nine Months Ended September 30, 2016 2015 2016 2015 (Dollars in thousands, except per-share data) Basic EPS Net income $ 4,345 $ 4,797 $ 12,464 $ 13,001 Less: net income allocated to participating securities (136) (136) (366) (377) Net income allocated to common stock $ 4,209 $ 4,661 $ 12,098 $ 12,624 Weighted average common shares outstanding 12,543,818 12,773,653 12,507,898 12,815,679 Less: Unvested restricted stock awards considered participating securities (397,091) (366,886) (373,081) (367,876) Adjusted weighted average common shares used in computing basic EPS 12,146,727 12,406,767 12,134,817 12,447,803 Basic EPS $ 0.35 $ 0.38 $ 1.00 $ 1.01 Diluted EPS Net income allocated to common stock $ 4,209 $ 4,661 $ 12,098 $ 12,624 Adjusted weighted average common shares used in computing basic EPS 12,146,727 12,406,767 12,134,817 12,447,803 Add: Effect of dilutive stock options 10,629 6,730 8,025 18,342 Adjusted weighted average common shares used in computing diluted EPS 12,157,356 12,413,497 12,142,842 12,466,145 Diluted EPS $ 0.35 $ 0.38 $ 1.00 $ 1.01 For the three-month periods ended September 30, 2016 and September 30, 2015 , outstanding stock - based compensation awards in the amount of 21,789 and 12,502 , respectively, were considered antidilutive and therefore were not considered in the computation of potential common shares for purposes of diluted EPS . For the nine -month periods ended September 30, 2016 and September 30, 2015 , outstanding stock - based compensation awards in the amount of 8,829 and 14,258 , respec tively, were considered antidilutive and therefore were not considered in the computation of potential common shares for purposes of diluted EPS .

Stockholders' Equity

Stockholders' Equity	9 Months Ended
	Sep. 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 or in block trades. The program may be suspended or discontinued at any time. The repurchases are funded using the Company’s working capital. Du ring the three and nine month periods ended September 30, 2016 , the Company did not repurchase any of its common stock under the 2014 Repurchase Plan in the open market . During the three- and nine -month periods ended September 30, 2015 , t he Company purchased 196,196 shares and 406,719 shares of its common stock under the 2014 Repurchase Plan at an average cost of $ 15.65 and $ 17.22 , respectively. At September 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 sha res withheld to cover income taxes. There were 735 and 22,673 shares repurchased to cover income tax withholding in connection with shares granted under the 2014 Plan during each of the three- and nine -month periods ende d September 30, 2016 , at average per-share costs of $ 17.98 and $ 14.56 , respectively. There were 781 and 38,508 shares repurchased to cover income tax withholding in connection with shares granted under the 2014 P lan during the three- and nine -month periods ended September 30, 2015 , at average per-share costs of $ 16.05 and $ 18.17 , 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 September 30, 2016 was $131.0 million, which met all capital requirements to which MBB is subject and qualified MBB for “well-capitalized” status. At September 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 September 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. 18.53% $ 158,661 4% $ 34,258 5% $ 42,823 Marlin Business Bank 16.05% $ 130,982 5% $ 40,812 5% $ 40,812 Common Equity Tier 1 Risk-Based Capital Marlin Business Services Corp. 19.77% $ 158,661 4.5% $ 36,111 6.5% $ 52,161 Marlin Business Bank 16.73% $ 130,982 6.5% $ 50,899 6.5% $ 50,899 Tier 1 Risk-based Capital Marlin Business Services Corp. 19.77% $ 158,661 6% $ 48,148 8% $ 64,198 Marlin Business Bank 16.73% $ 130,982 8% $ 62,645 8% $ 62,645 Total Risk-based Capital Marlin Business Services Corp. 21.02% $ 168,692 8% $ 64,198 10% $ 80,247 Marlin Business Bank 17.98% $ 140,773 15% $ 117,460 10% (1) $ 78,307 __________________ (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 17.98% at September 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	9 Months Ended
	Sep. 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 , restricted stock units or restricted stock awards i s 1,200,000 with n ot more than 1,000,000 of such shares available for issuance as restricted stock awards . There were 636,594 shares available for future awards under the 2014 Plan as of September 30, 2016 , of which 436,594 shares were available to be issued as restricted stock awards. Total stock-based compensation expense was $ 0.4 million for each of the three-month period s ended September 30, 2016 and September 30, 2015 . Total stock-based compensation expense was $ 1.4 million and $ 1.6 million f or the nine - month periods ended September 30, 2016 and September 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 nine -month period ended September 3 0 , 2016. Excess tax benefits from sto ck-based payment arrangements increased cash provided by financing activities and decreased cash provided by operating a ctivities by $0.3 million for the nine - month period s ended September 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 nine -month periods ended September 30, 2016 and September 30, 2015 . A summary of option activity for the nine - month period ended September 30, 2016 follows: Weighted Average Number of Exercise Price Options Shares Per Share Outstanding, December 31, 2015 50,686 $ 12.09 Granted — — Exercised (6,880) 10.29 Forfeited (1,666) 12.41 Expired — — Outstanding, September 30, 2016 42,140 12.37 During each of the three-month periods ended September 30, 2016 and September 30, 2015 the Company did not recognize compensation expense related to options. During each of the nine - month periods ended September 30, 2016 and September 30, 2015 the Company did not recognize compensation expense related to options. There were 3,425 and 4,082 stock options exercised during the three-month periods ended September 30, 2016 and September 30, 2015 , respectively. The total pretax intrinsic v alue s of stock options exercised were less than $ 0.1 million for each of the three-month periods ended September 30, 2016 and September 30, 2015 . The total pretax intrinsic value s of stock options exercised were less than $ 0.1 million and $ 0.6 million for the nine - month period s ended September 30, 2016 and September 30, 2015 , respectively. The following table summarizes information about the stock options outstanding and exercisable as of September 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) $ 12.08 - 12.41 42,140 0.6 12.37 295 39,916 0.6 12.37 280 42,140 0.6 12.37 $ 295 39,916 0.6 12.37 $ 280 The aggregate intrinsic value in the preceding table represents the total pretax intrinsic value, based on the Company’s closing stock price of $19.38 as of September 30, 2016 , which would have been received by the option holders had all option holders exercised their options as of that date. As of September 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 September 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 0.6 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 nine - month period ended September 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 based 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 gra nt 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 nine months ended September 30, 2016 : Weighted Average Grant-Date Non-vested restricted stock Shares Fair Value Outstanding at December 31, 2015 313,236 $ 16.65 Granted 181,156 15.25 Vested (60,185) 18.23 Forfeited (19,482) 18.02 Outstanding at September 30, 2016 414,725 15.74 During each of the three-month periods ended September 30, 2016 and September 30, 2015 , the Company granted restricted stock awards with grant-date fair values totaling $ 0.4 million. During the nine - month periods ended September 30, 2016 and September 30, 2015 , the Company granted restricted stock awards with grant-date fair values totaling $ 2.8 million and $ 3.0 million, respectively. As vesting occurs, or is deemed likely to occur, compensation expense is recognized over the r equisite service period and additional paid-in capital is increased. The Company recognized $ 0.3 million and $ 0.4 of compensation expense related to restricted stock for the three-month periods ended September 30, 2016 and September 30, 2015 , respectively. The Company recognized $ 1.4 million and $ 1.6 million of compensation expense related to restricted stock for the nine - month periods ended September 30, 2016 and September 30, 2015 , respectively. Of the $ 1.4 million total compensation expense related to restricted stock for the nine -month period ended September 30, 2016 , approximately $ 0.4 million related to accelerated vesting during the first quarter of 2016 , based on achievement of certain performance criteria determined annually. Of the $ 1.6 million total compensation expense related to restricted stock for the nine -month period ended September 30, 2015 , approximately $ 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 September 30, 2016 , there was $ 4.6 million of unrecognized compensat ion cost related to non-vested restricted stock compensation scheduled to be recognized over a weighted average period of 4.0 years. In the event individual performance targets are achieved, $ 1.5 million of the unrecognized compens ation cost would accelerate to be recognized over a weighted average period of 1.3 years. In addition, certain of the awards granted may result in the issuance of 57,998 additional shares of stock if achievement of certain target s is greater than 100 %. The expense related to the additional shares awarded will be dependent on the Company’s stock price when the achievement level is determined. The fair value of shares that vested during each of the three-month periods ended September 30, 2016 and September 30, 2015 was $ 0.1 million. The fair value of shares that vested during the nine - month periods ended September 30, 2016 and September 30, 2015 was $ 0.9 million and $ 2.2 million, respectively . Restricted Stock Units Restricted stock units (“RSUs”) are granted with vesting conditions based on fulfillment of a service condition (generally four years from the grant date), and also require achievement of certain market based targets associated with the Company’s stock price. The market based target measurement period begins one year from the grant date and ends three years from the grant date. Expense for equity based awards with market and service conditions is recognized over the service period ba sed on the grant-date fair value of the award. The following tables summarize restricted stock unit activity for the nine - month period ended September 30, 2016 : Weighted Average Number of Grant-Date Market-based RSUs RSUs Fair Value Outstanding at December 31, 2015 — $ — Granted 120,000 9.47 Forfeited — — Converted — — Cancelled due to non-achievement of market condition — — Outstanding at September 30, 2016 120,000 9.47 In 2016, certain executives were awarded RSUs with market based vesting conditions with weighted average grant- date fair value of $9.47 per unit. The weighted average grant date fair value of these market based RSUs was estimated using a Monte Carlo simulation valuation model with the following assumptions: Nine Months Ended September 30, 2016 2015 Grant date stock price $ 18.24 — Risk-free interest rate 1.06 % — Expected volatility 35.16 % — Dividend yield — — The risk free interest rate reflected the yield on zero coupon Treasury securities with a term approximating the expected life of the RSUs. The expected volatility was based on historical volatility of the Company’s common stock. During both the three and nine-month p eriods ended September 30, 2016, the Company granted RSUs with grant - date fair values totaling $ 1.1 million , respectively. The Company recognized less than $ 0. 1 million of compensation expense related to RSUs for both the three and nine-mo nth p eriods ended September 30, 2016 , respectively. As of September 30, 2016, there was $ 1.1 million of unrecogniz ed compensation cost related to RSUs scheduled to be recognized over a weighted average period of 4.0 years.

Subsequent Events

Subsequent Events	9 Months Ended
	Sep. 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 October 27, 2016 . The quarterly dividend, which is expected to result in a dividend payment of approximately $1.8 million, is scheduled to be paid on November 17, 2016 to shareholders of record on the close of business on November 7, 2016 . It represents the Company’s twenty-first 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)	9 Months Ended
	Sep. 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 Company’s financial position at September 30, 2016 and the results of operations for t he three-and nine- month periods ended September 30, 2016 and 2015 , and cash flows for the nine -month periods ended September 30, 2016 and 2015 . These unaudited condensed consolidated financial statements should be read in conjunction with t he 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, 2016. The consolidated results of operations for the three-and nine- month periods ended September 30, 2016 and 2015 and the consolidated statements of cash flows for the nine -month periods ended September 30, 2016 and 2015 are not necessarily indicative of the results of operations or cash flows for the respective full years or an y other period.
Fee Income and Other Income, Policy [Policy Text Block]	Other Income Other income includes various administrative transaction fees, insurance policy fees , fees received from referral of leases to third parties and gain on sale of leases, recognized as earned. Effective third quarter 2016, on a prospective basis, the insurance policy fees are re cognized in the Consolidated Statements of Operations in “Other income” and for all previous annual and interim periods are reco rded net in “ Insurance premiums written and earned .”
Insurance Income Recognition, Policy [Policy Text Block]	Insurance Premiums Written and Earned Insurance premiums written and earned are recognized over the term of the policy, which is month to month. Since the policy’s premiums are recognized month to month, there is no unearned premium on the Consolidated Balance Sheets as these are fully recognized through the Consolidated Statements of Operations in the month written. For all annual and interim periods, second quarter 2016 and prior, income and expense related to insurance premiums written and earned , insurance policy fees, deferred acquisition costs, premium taxes and provision for losses and loss adjustment expenses is recorded within the “Insurance premiums written and earned” line on the Consolidated Statement of Operations. Effective third quarter 2016, on a prospective basis, only insurance premium written and earned w as recorded to that line. Effective third quarter 2016, on a prospective basis, insurance policy fee s w ere recorded to “Other i ncome” and deferred acquisition costs, premium taxes and provision for losses and loss adjustment expenses were recorded in “ General and administrative ” expense . For the years ended Dec ember 31, 2015 and 2014, insurance premiums written and earned were $5.5 million and $5.0 million, respectively. For the nine -month s ended September 30, 2016 , insurance premiums written and earned were $ 4 .6 million.
Recent Accounting Pronouncements	Recent Accounting Pronouncements . In August 2016, the FASB issued Accounting Standards Update 2016-1 5, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments (a consensus of the Emerging Issues Task Force) . The amendments in this Update provide guidance on eight specific cash flow issues. The amendments in this Update are effective for public business entities for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. The Company will apply the amendments in this Update retrospectiv ely to each period presented. T he C ompany is evaluating the impact of this new requirement on the consolidated earnings, financial position and cash flows of the Company.
Provision for Unpaid Losses and Loss Adjustment Expenses, Policy [Policy Text Block]	Provision for Unpaid Losses and Loss Adjustment Expenses The Company records a provision for insurance losses and loss adjustment expenses . Effective third quarter 2016, on a prospective basis, the expense was recorded in “General and administrative” expense on the Consolidated Statements of Operations and for all previous annual and interim periods is recorded net in “ Insurance premiums written and earned .” The liability for losses and loss adjustment expenses includes an amount determined from loss reports and individual cases and an amount, based on historical loss experience and industry statistics, for losses incurred but not reported (“IB NR”). These estimates are continually reviewed and are subject to the impact of future changes in such factors as claim severity and frequency. Loss and loss expenses are paid when advised by the third-party insurance company. Outstanding losses compris e estimates of the amount of reported losses and loss expenses received from the third-party insurance company plus a provision for losses IBNR. IBNR is determined with the assistance of a third-party actuary. For each of the years ended December 31, 2015 , 2014, and 2013, the Company recognized provision for unpaid losses and loss adjustment expenses of less than $0.4 million. For the nine -month period ended September 30, 2016 , the company recognized provision for unpaid losses and loss adjustment expenses of less than $0. 5 million.
Insurance Program Deferred Acquisition Costs, Policy [Policy Text Block]	Insurance Program Deferred Acquisition Costs Deferred acquisitions costs represent the fees paid to a third-party insurance company. Effective third quarter 2016, on a prospective basis, the costs are recognized on the Consolidated Statements of Operations in “General and administrative” expense and for all previous interim and annual periods are recognized net in “Insura nce premiums written and earned .” For each of the years ended December 31, 2015, 2014 and 2013, the Company recognized deferred acquisition costs of less than $0.8 million . For the nine -month s ended September 30, 2016 , the company recognized $0. 5 million of deferr ed acquisition costs . Since the policy’s premiums are recognized on a month to month basis, there is no deferred acquisition costs on the Consolidated Balance Sheet as these are fully recognized through the Consolidated Statements of Operations in the mo nth written.

Net Investment in Leases and 21

Net Investment in Leases and Loans (Tables)	9 Months Ended
	Sep. 30, 2016
Net Investment in Leases and Loans [Abstract]
Components of Net Investment in Leases and Loans [Table Text Block]	September 30, December 31, 2016 2015 (Dollars in thousands) Minimum lease payments receivable $ 832,507 $ 761,694 Estimated residual value of equipment 26,908 27,364 Unearned lease income, net of initial direct costs and fees deferred (111,536) (102,358) Security deposits (1,659) (2,208) Commercial loans, net of origination costs and fees deferred Funding Stream 16,253 5,115 Other (1) 7,022 1,238 Total commercial loans 23,275 6,353 Allowance for credit losses (10,073) (8,413) $ 759,422 $ 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 $ 90,463 $ 17,028 2017 315,763 49,007 2018 213,328 26,904 2019 126,128 12,788 2020 66,113 4,841 Thereafter 20,712 968 $ 832,507 $ 111,536

Allowance for Credit Losses (Ta

Allowance for Credit Losses (Tables)	9 Months Ended
	Sep. 30, 2016
Allowance For Credit Losses [Abstract]
Allowance for Credit Losses on Finance Receivables [Table Text Block]	Three Months Ended Nine Months Ended Year Ended September 30, September 30, December 31, 2016 2015 2016 2015 2015 (Dollars in thousands) Allowance for credit losses, beginning of period $ 9,430 $ 8,567 $ 8,413 $ 8,537 $ 8,537 Charge-offs (3,062) (2,595) (9,060) (9,196) (12,453) Recoveries 568 630 1,840 1,705 2,334 Net charge-offs (2,494) (1,965) (7,220) (7,491) (10,119) Provision for credit losses 3,137 1,986 8,880 7,542 9,995 Allowance for credit losses, end of period (1) $ 10,073 $ 8,588 $ 10,073 $ 8,588 $ 8,413 Annualized net charge-offs to average total finance receivables (2) 1.36% 1.23% 1.36% 1.59% 1.59% Allowance for credit losses to total finance receivables, end of period (2) 1.33% 1.31% 1.33% 1.31% 1.24% Average total finance receivables (2) $ 732,346 $ 641,020 $ 705,879 $ 630,073 $ 636,790 Total finance receivables, end of period (2) $ 756,144 $ 657,143 $ 756,144 $ 657,143 $ 679,738 Delinquencies greater than 60 days past due $ 3,885 $ 3,186 $ 3,885 $ 3,186 $ 3,163 Delinquencies greater than 60 days past due (3) 0.45% 0.43% 0.45% 0.43% 0.41% Allowance for credit losses to delinquent accounts greater than 60 days past due (3) 259.28% 269.55% 259.28% 269.55% 265.98% Non-accrual leases and loans, end of period $ 2,022 $ 1,684 $ 2,022 $ 1,684 $ 1,677 Renegotiated leases and loans, end of period $ 350 $ 468 $ 350 $ 468 $ 535

Other Assets (Tables)

Other Assets (Tables)	9 Months Ended
	Sep. 30, 2016
Prepaid Expense and Other Assets [Abstract]
Schedule of Other Assets [Table Text Block]	September 30, December 31, 2016 2015 (Dollars in thousands) Accrued fees receivable $ 2,554 $ 2,500 Prepaid expenses 1,529 2,120 Income taxes receivable — 4,427 Other 3,650 3,474 $ 7,733 $ 12,521

Commitments and Contingencies (

Commitments and Contingencies (Tables)	9 Months Ended
	Sep. 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 $ 25 $ 396 $ 421 2017 77 1,531 1,608 2018 — 1,472 1,472 2019 — 1,435 1,435 2020 — 687 687 Total minimum lease payments $ 102 $ 5,521 $ 5,623 Less: amount representing interest (3) Present value of minimum lease payments $ 99

Deposits (Tables)

Deposits (Tables)	9 Months Ended
	Sep. 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 $ 64,434 2017 238,491 2018 158,865 2019 82,659 2020 54,746 Thereafter 26,959 Total $ 626,154

Fair Value Measurements and D26

Fair Value Measurements and Disclosures about the Fair Value of Financial Instruments (Tables)	9 Months Ended
	Sep. 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]	September 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 $ 3,439 $ 2,636 $ 3,332 $ 3,067
Schedule of Carrying Amount and Estimated Fair Value of Financial Instruments [Table Text Block]	September 30, 2016 December 31, 2015 Carrying Fair Carrying Fair Amount Value Amount Value (Dollars in thousands) Financial Assets Cash and cash equivalents $ 77,625 $ 77,625 $ 60,129 $ 60,129 Time deposits with banks 9,107 9,129 7,368 7,356 Restricted interest-earning deposits with banks — — 216 216 Loans, net of allowance 22,530 22,683 6,179 6,152 Financial Liabilities Deposits $ 676,920 $ 677,476 $ 587,940 $ 586,898

Earnings Per Common Share (Tabl

Earnings Per Common Share (Tables)	9 Months Ended
	Sep. 30, 2016
Earnings Per Common Share ("EPS") [Abstract]
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three Months Ended September 30, Nine Months Ended September 30, 2016 2015 2016 2015 (Dollars in thousands, except per-share data) Basic EPS Net income $ 4,345 $ 4,797 $ 12,464 $ 13,001 Less: net income allocated to participating securities (136) (136) (366) (377) Net income allocated to common stock $ 4,209 $ 4,661 $ 12,098 $ 12,624 Weighted average common shares outstanding 12,543,818 12,773,653 12,507,898 12,815,679 Less: Unvested restricted stock awards considered participating securities (397,091) (366,886) (373,081) (367,876) Adjusted weighted average common shares used in computing basic EPS 12,146,727 12,406,767 12,134,817 12,447,803 Basic EPS $ 0.35 $ 0.38 $ 1.00 $ 1.01 Diluted EPS Net income allocated to common stock $ 4,209 $ 4,661 $ 12,098 $ 12,624 Adjusted weighted average common shares used in computing basic EPS 12,146,727 12,406,767 12,134,817 12,447,803 Add: Effect of dilutive stock options 10,629 6,730 8,025 18,342 Adjusted weighted average common shares used in computing diluted EPS 12,157,356 12,413,497 12,142,842 12,466,145 Diluted EPS $ 0.35 $ 0.38 $ 1.00 $ 1.01

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	9 Months Ended
	Sep. 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. 18.53% $ 158,661 4% $ 34,258 5% $ 42,823 Marlin Business Bank 16.05% $ 130,982 5% $ 40,812 5% $ 40,812 Common Equity Tier 1 Risk-Based Capital Marlin Business Services Corp. 19.77% $ 158,661 4.5% $ 36,111 6.5% $ 52,161 Marlin Business Bank 16.73% $ 130,982 6.5% $ 50,899 6.5% $ 50,899 Tier 1 Risk-based Capital Marlin Business Services Corp. 19.77% $ 158,661 6% $ 48,148 8% $ 64,198 Marlin Business Bank 16.73% $ 130,982 8% $ 62,645 8% $ 62,645 Total Risk-based Capital Marlin Business Services Corp. 21.02% $ 168,692 8% $ 64,198 10% $ 80,247 Marlin Business Bank 17.98% $ 140,773 15% $ 117,460 10% (1) $ 78,307

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	9 Months Ended
	Sep. 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 (6,880) 10.29 Forfeited (1,666) 12.41 Expired — — Outstanding, September 30, 2016 42,140 12.37
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) $ 12.08 - 12.41 42,140 0.6 12.37 295 39,916 0.6 12.37 280 42,140 0.6 12.37 $ 295 39,916 0.6 12.37 $ 280
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 181,156 15.25 Vested (60,185) 18.23 Forfeited (19,482) 18.02 Outstanding at September 30, 2016 414,725 15.74
Schedule of Stock-based Compensation, Restricted Stock Units Award Activity [Table Text Block]	Weighted Average Number of Grant-Date Market-based RSUs RSUs Fair Value Outstanding at December 31, 2015 — $ — Granted 120,000 9.47 Forfeited — — Converted — — Cancelled due to non-achievement of market condition — — Outstanding at September 30, 2016 120,000 9.47
Schedule of Stock-Based Payment Award, Restricted Stock Units Valuation Assumptions [Table Text Block[	Nine Months Ended September 30, 2016 2015 Grant date stock price $ 18.24 — Risk-free interest rate 1.06 % — Expected volatility 35.16 % — Dividend yield — —

The Company (Narrative) (Detail

The Company (Narrative) (Details)	9 Months Ended
	Sep. 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

Accounting Policies (Narratives

Accounting Policies (Narratives) (Details) - USD ($) $ in Millions	9 Months Ended	12 Months Ended
	Sep. 30, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Revenue Recognition [Abstract]
Net Premiums Written And Earned	$ 4.6	$ 5.5	$ 5
Deferred Acquisition Costs	0.5	0.8	0.8	$ 0.8
Liability For Unpaid Claims And Claims Adjustment Expense Incurred But Not Reported IBNR Claims Amount	$ 0.5	$ 0.4	$ 0.4	$ 0.4

Net Investment in Leases and 32

Net Investment in Leases and Loans (Narratives) (Details) - USD ($)	Sep. 30, 2016	Dec. 31, 2015	Sep. 30, 2015
Net Investment in Leases and Loans [Abstract]
Net Investment in Leases, Initial Direct Costs	$ 13,100,000	$ 11,000,000
Net Investment in Loans, Origination Costs	300,000	100,000
Product Information [Line Items]
Estimated Residual Value of Equipment	26,908,000	27,364,000
Loans and Leases Receivable, Collateral for Secured Borrowings	0
Non-accrual leases and loans, end of period	2,022,000	1,677,000	$ 1,684,000
Renegotiated leases and loans, end of period	350,000	535,000	$ 468,000
Debt Instrument, Unused Borrowing Capacity, Amount	0
Debt Instrument, Debt Default, Amount	0
Leases Pledged as Collateral [Member]
Product Information [Line Items]
Loans and Leases Receivable, Collateral for Secured Borrowings	31,100,000
Commercial Loan [Member]
Product Information [Line Items]
Non-accrual leases and loans, end of period	200,000	0
Renegotiated leases and loans, end of period	100,000	0
Copier Product [Member]
Product Information [Line Items]
Estimated Residual Value of Equipment	$ 22,500,000	$ 22,700,000

Net Investment in Leases and 33

Net Investment in Leases and Loans (Net Investment Components) (Details) - USD ($) $ in Thousands		Sep. 30, 2016		Jun. 30, 2016	Dec. 31, 2015		Sep. 30, 2015	[2]	Jun. 30, 2015	Dec. 31, 2014
Net Investment in Leases and Loans [Abstract]
Minimum lease payments receivable		$ 832,507			$ 761,694
Estimated Residual Value of Equipment		26,908			27,364
Unearned Lease Income, Net Of Initial Direct Costs and Fees Deferred		(111,536)			(102,358)
Security Deposits		(1,659)			(2,208)
Funding Stream loans		16,253			5,115
Other commercial loans	[1]	7,022			1,238
Total commercial loans, net of origination costs and fees deferred		23,275			6,353
Allowance for Credit Losses		(10,073)	[2]	$ (9,430)	(8,413)	[2]	$ (8,588)		$ (8,567)	$ (8,537)
Net investment in leases and loans		$ 759,422			$ 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 September 30, 2016 , December 31, 2015 , and September 30, 2015 the allowance for credit losses allocated to loans was $ 0 . 7 million, $ 0 . 2 million, and less than $ 0 . 1 million , respectively.

Net Investment in Leases and 34

Net Investment in Leases and Loans (Future Minimum Lease Payments Receivable Schedule) (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Future Minimum Lease Payments Receivable Schedule [Abstract]
2,016	$ 90,463
2,017	315,763
2,018	213,328
2,019	126,128
2,020	66,113
Thereafter	20,712
Minimum Lease Payments Receivable	832,507	$ 761,694
Future Scheduled Income Amortization [Abstract]
2,016	17,028
2,017	49,007
2,018	26,904
2,019	12,788
2,020	4,841
Thereafter	968
Unearned Lease Income, Including Initial Direct Costs and Fees Deferred	$ 111,536	$ 102,358

Allowance for Credit Losses (Na

Allowance for Credit Losses (Narratives) (Details) - USD ($) $ in Thousands		3 Months Ended					9 Months Ended				12 Months Ended
		Sep. 30, 2016		Jun. 30, 2016	Sep. 30, 2015		Sep. 30, 2016		Sep. 30, 2015		Dec. 31, 2015		Jun. 30, 2015	Dec. 31, 2014
Allowance for Credit Losses [Line Items]
Loans and Leases Receivable, Allowance		$ 10,073	[1]	$ 9,430	$ 8,588	[1]	$ 10,073	[1]	$ 8,588	[1]	$ 8,413	[1]	$ 8,567	$ 8,537
Net charge-offs		$ (2,494)		$ (2,429)	$ (1,965)		$ (7,220)		$ (7,491)		$ (10,119)
Annualized net charge-offs to average total finance receivables	[2]	1.36%		1.38%	1.23%		1.36%		1.59%		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		$ 700			$ 100		$ 700		$ 100		$ 200
[1]	(1) At September 30, 2016 , December 31, 2015 , and September 30, 2015 the allowance for credit losses allocated to loans was $ 0 . 7 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					9 Months Ended				12 Months Ended
		Sep. 30, 2016		Jun. 30, 2016	Sep. 30, 2015		Sep. 30, 2016		Sep. 30, 2015		Dec. 31, 2015
Allowance for Credit Losses [Roll Forward]
Allowance for credit losses, beginning of period		$ 9,430			$ 8,567		$ 8,413	[1]	$ 8,537		$ 8,537
Charge-offs		(3,062)			(2,595)		(9,060)		(9,196)		(12,453)
Recoveries		568			630		1,840		1,705		2,334
Net charge-offs		(2,494)		$ (2,429)	(1,965)		(7,220)		(7,491)		(10,119)
Provision for credit losses		3,137			1,986		8,880		7,542		9,995
Allowance for credit losses, end of period		$ 10,073	[1]	$ 9,430	$ 8,588	[1]	$ 10,073	[1]	$ 8,588	[1]	$ 8,413	[1]
Annualized net charge-offs to average total finance receivables	[2]	1.36%		1.38%	1.23%		1.36%		1.59%		1.59%
Allowance for credit losses to total finance receivables, end of period	[2]	1.33%			1.31%		1.33%		1.31%		1.24%
Average total finance receivables	[2]	$ 732,346			$ 641,020		$ 705,879		$ 630,073		$ 636,790
Total finance receivables, end of period	[2]	756,144			657,143		756,144		657,143		679,738
Delinquencies greater than 60 days past due		$ 3,885			$ 3,186		$ 3,885		$ 3,186		$ 3,163
Delinquencies greater than 60 days past due as a percentage of total finance receivables	[3]	0.45%			0.43%		0.45%		0.43%		0.41%
Allowance for credit losses to delinquent accounts greater than 60 days past due	[3]	259.28%			269.55%		259.28%		269.55%		265.98%
Non-accrual leases and loans, end of period		$ 2,022			$ 1,684		$ 2,022		$ 1,684		$ 1,677
Renegotiated leases and loans, end of period		$ 350			$ 468		$ 350		$ 468		$ 535
[1]	(1) At September 30, 2016 , December 31, 2015 , and September 30, 2015 the allowance for credit losses allocated to loans was $ 0 . 7 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	Sep. 30, 2016	Dec. 31, 2015
Prepaid Expense and Other Assets [Abstract]
Accrued fees receivable	$ 2,554	$ 2,500
Prepaid expenses	1,529	2,120
Income taxes receivable	0	4,427
Other assets, miscellaneous	3,650	3,474
Other assets, total	$ 7,733	$ 12,521

Commitments and Contingencies38

Commitments and Contingencies (Narratives) (Details) $ in Millions	9 Months Ended
	Sep. 30, 2016USD ($)Number	Sep. 30, 2015USD ($)
Entity Location [Line Items]
Number Of Offices | Number	9
Operating Leases, Rent Expense	$ 0.8	$ 0.8
Membership Expiration Date, Extended	Sep. 30, 2017
Marlin Business Bank [Member]
Entity Location [Line Items]
Loan Participation Ownership Percentage	1.20%
Unfunded Loan Commitments	$ 0.9

Commitments and Contingencies39

Commitments and Contingencies (Details) $ in Thousands	Sep. 30, 2016USD ($)
Capital Leases, Future Minimum Payments, Present Value of Net Minimum Payments [Abstract]
2016, capital lease payments due	$ 25
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	102
Less: amount representing interest	(3)
Present value of minimum lease payments, capital leases	99
Operating Leases, Future Minimum Payments Due [Abstract]
2016, operating lease payments due	396
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	5,521
Capital And Operating Leases Future Minimum Payments Due [Abstract]
2016, total lease payments due	421
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	$ 5,623

Deposits (Details)

Deposits (Details) - USD ($)	Sep. 30, 2016	Dec. 31, 2015
Contractual Maturities of Time Deposits [Abstract]
2,016	$ 64,434,000
2,017	238,491,000
2,018	158,865,000
2,019	82,659,000
2,020	54,746,000
Thereafter	26,959,000
Total	626,154,000	$ 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	1.24%
Marlin Business Bank [Member]
Contractual Maturities of Time Deposits [Abstract]
Money market deposit accounts	$ 50,800,000

Fair Value Measurements and D41

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	Sep. 30, 2016	Dec. 31, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	$ 6,075	$ 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	3,439	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	$ 2,636	$ 3,067

Fair Value Measurements and D42

Fair Value Measurements and Disclosures about the Fair Value of Financial Instruments (Estimated Fair Values and Carrying Amounts) (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015	Sep. 30, 2015	Dec. 31, 2014
Assets, Fair Value Disclosure [Abstract]
Total cash and cash equivalents	$ 77,625	$ 60,129	$ 105,218	$ 110,656
Restricted interest-earning deposits with banks	0	216
Securities available for sale	6,075	6,399
Time deposits with banks	9,107	7,368
Total commercial loans, net of origination costs and fees deferred	23,275	6,353
Liabilities, Fair Value Disclosure [Abstract]
Deposits	676,920	587,940
Carrying (Reported) Amount, Fair Value Disclosure [Member]
Assets, Fair Value Disclosure [Abstract]
Total cash and cash equivalents	77,625	60,129
Restricted interest-earning deposits with banks	0	216
Time deposits with banks	9,107	7,368
Loans, net of allowance	22,530	6,179
Liabilities, Fair Value Disclosure [Abstract]
Deposits	676,920	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	77,625	60,129
Restricted interest-earning deposits with banks	0	216
Estimate of Fair Value, Fair Value Disclosure [Member] | Fair Value, Inputs, Level 2 [Member]
Assets, Fair Value Disclosure [Abstract]
Time deposits with banks	9,129	7,356
Loans, net of allowance	22,683	6,152
Liabilities, Fair Value Disclosure [Abstract]
Deposits	$ 677,476	$ 586,898

Earnings Per Common Share (EPS

Earnings Per Common Share (EPS Basic) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Earnings Per Share, Basic [Abstract]
Net Income	$ 4,345	$ 4,797	$ 12,464	$ 13,001	$ 15,966
Less: net income allocated to participating securities	(136)	(136)	(366)	(377)
Net income allocated to common stock	$ 4,209	$ 4,661	$ 12,098	$ 12,624
Weighted average common shares outstanding	12,543,818	12,773,653	12,507,898	12,815,679
Less: Unvested restricted stock awards considered participating securities	(397,091)	(366,886)	(373,081)	(367,876)
Adjusted weighted average common shares used in computing basic EPS	12,146,727	12,406,767	12,134,817	12,447,803
Basic earnings per share	$ 0.35	$ 0.38	$ 1	$ 1.01

Earnings Per Common Share (EP44

Earnings Per Common Share (EPS Diluted) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Earnings Per Share, Diluted [Abstract]
Net income allocated to common stock	$ 4,209	$ 4,661	$ 12,098	$ 12,624
Adjusted weighted average common shares used in computing basic EPS	12,146,727	12,406,767	12,134,817	12,447,803
Add: Effect of dilutive stock options	10,629	6,730	8,025	18,342
Adjusted weighted average common shares used in computing diluted EPS	12,157,356	12,413,497	12,142,842	12,466,145
Diluted earnings per share	$ 0.35	$ 0.38	$ 1	$ 1.01
Antidilutive securities excluded from computation of earnings per share amount	21,789	12,502	8,829	14,258

Stockholders' Equity (Narrative

Stockholders' Equity (Narratives) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015	Jul. 29, 2014
Dividends Paid [Line Items]
Cash dividends paid			$ 5,249		$ 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)	$ 158,661		$ 158,661
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	19.77%		19.77%
Tier One Leverage Capital Required for Capital Adequacy to Average Assets	4.00%		4.00%
Total Risk Based Capital to Risk Weighted Assets	21.02%		21.02%
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)	$ 130,982		$ 130,982
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	16.73%		16.73%
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	17.98%		17.98%
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		196,196		406,719
Stock Repurchased During Period, Average Cost Per Share		$ 15.65		$ 17.22
Instrument Equity Compensation Plan [Member]
Stock Repurchase [Line Items]
Stock Repurchased During Period, Shares	735	781	22,673	38,508
Stock Repurchased During Period, Average Cost Per Share	$ 17.98	$ 16.05	$ 14.56	$ 18.17

Stockholders' Equity (Regulator

Stockholders' Equity (Regulatory Capital Ratios) (Details)	Sep. 30, 2016USD ($)
Marlin Business Services Corp. [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Tier One Leverage Capital	$ 158,661,000
Tier One Leverage Capital Required for Capital Adequacy	34,258,000
Tier One Leverage Capital Required to be Well Capitalized	42,823,000
Common Equity Tier One Risk Based Capital	158,661,000
Common Equity Tier One Risk Based Capital Required For Capital Adequacy	36,111,285
Common Equity Tier One Risk Based Capital Required To Be Well Capitalized	52,160,745
Tier One Risk Based Capital	158,661,000
Tier One Risk Based Capital Required for Capital Adequacy	48,148,000
Tier One Risk Based Capital Required to be Well Capitalized	64,198,000
Total Risk Based Capital	168,692,000
Total Risk Based Capital Required for Capital Adequacy	64,198,000
Total Risk Based Capital Required to be Well Capitalized	$ 80,247,000
Tier One Leverage Capital to Average Assets	18.53%
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	19.77%
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	19.77%
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	21.02%
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	$ 130,982,000
Tier One Leverage Capital Required for Capital Adequacy	40,812,000
Tier One Leverage Capital Required to be Well Capitalized	40,812,000
Common Equity Tier One Risk Based Capital	130,982,000
Common Equity Tier One Risk Based Capital Required For Capital Adequacy	50,899,000
Common Equity Tier One Risk Based Capital Required To Be Well Capitalized	50,899,000
Tier One Risk Based Capital	130,982,000
Tier One Risk Based Capital Required for Capital Adequacy	62,645,000
Tier One Risk Based Capital Required to be Well Capitalized	62,645,000
Total Risk Based Capital	140,773,000
Total Risk Based Capital Required for Capital Adequacy	117,460,000
Total Risk Based Capital Required to be Well Capitalized	$ 78,307,000
Tier One Leverage Capital to Average Assets	16.05%
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	16.73%
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	16.73%
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	17.98%
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		9 Months Ended		12 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 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	636,594		636,594
Number of Shares, Stock Options Granted			0
Stock-based Compensation Expense	$ 400,000	$ 400,000	$ 1,400,000	$ 1,600,000
Stock Options Exercised, Number of Shares			6,880
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value			$ 15.25
Excess tax benefits from stock-based payment arrangements			$ (86,000)	$ 323,000	$ 333,000
Common Stock Closing Price Per Share	$ 19.38		$ 19.38
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	3,425	4,082
Stock Options Exercised, Total Intrinsic Value	$ 100,000	$ 100,000	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			7 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	436,594		436,594
Stock-based Compensation Expense	$ 300,000	400,000	$ 1,400,000	1,600,000
Total Compensation Cost Not yet Recognized on Nonvested Stock-based Awards	4,600,000		$ 4,600,000
Compensation Cost Not yet Recognized on Nonvested Stock-based Awards, Period for Recognition in Years			4 years
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	400,000	400,000	$ 2,800,000	3,000,000
Stock-based Compensation Expense Due to Performance Acceleration			400,000	508,000
Total Compensation Cost Not yet Recognized on Nonvested Stock-based Awards, Portion Subject to Acceleration	1,500,000		$ 1,500,000
Total Compensation Cost Not yet Recognized on Nonvested Stock-based Awards, Portion Subject to Pre-expiration Vesting, Period for Recognition, in Years			1 year 4 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	$ 100,000	$ 900,000	$ 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
Market-Based RSUs [Member]
Stock-based Compensation Arrangements [Line Items]
Stock-based Compensation Expense	100,000		$ 100,000
Total Compensation Cost Not yet Recognized on Nonvested Stock-based Awards	1,100,000		$ 1,100,000
Compensation Cost Not yet Recognized on Nonvested Stock-based Awards, Period for Recognition in Years			4 years
Stock-based Awards, Vesting Period in Years			4 years
Stock-based Awards, Grants in Period, Aggregate Grant Date Fair Value	$ 1,100,000		$ 1,100,000
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value			$ 9.47
Market-Based RSUs [Member] | Minimum [Member]
Stock-based Compensation Arrangements [Line Items]
Stock-based Awards, Vesting Period in Years			1 year
Market-Based RSUs [Member] | Maximum [Member]
Stock-based Compensation Arrangements [Line Items]
Stock-based Awards, Vesting Period in Years			3 years

Stock-Based Compensation (Summa

Stock-Based Compensation (Summary of Option Activity) (Details)	9 Months Ended
	Sep. 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	(6,880)
Number of Shares, Forfeited | shares	(1,666)
Number of Shares, Expired | shares	0
Number of Shares Outstanding, End of Period | shares	42,140
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	$ 12.37

Stock-Based Compensation (Sum49

Stock-Based Compensation (Summary of Stock Options Outstanding and Exercisable) (Details) - USD ($) $ / shares in Units, $ in Thousands	9 Months Ended
	Sep. 30, 2016	Dec. 31, 2015
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options Outstanding, Number of Shares	42,140	50,686
Options Outstanding, Weighted Average Remaining Life (Years)	7 months
Options Outstanding, Weighted Average Exercise Price	$ 12.37	$ 12.09
Options Outstanding, Aggregate Intrinsic Value	$ 295
Options Exercisable, Number of Shares	39,916
Options Exercisable, Weighted Average Remaining Life (Years)	7 months
Options Exercisable, Weighted Average Exercise Price	$ 12.37
Options Exercisable, Aggregate Intrinsic Value	$ 280
$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	$ 0
Options Outstanding and Exercisable, Upper Price in Range Category	$ 0
Options Outstanding, Number of Shares	0
Options Outstanding, Weighted Average Remaining Life (Years)	0 years
Options Outstanding, Weighted Average Exercise Price	$ 0
Options Outstanding, Aggregate Intrinsic Value	$ 0
Options Exercisable, Number of Shares	0
Options Exercisable, Weighted Average Remaining Life (Years)	0 years
Options Exercisable, Weighted Average Exercise Price	$ 0
Options Exercisable, Aggregate Intrinsic Value	$ 0
$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	42,140
Options Outstanding, Weighted Average Remaining Life (Years)	7 months
Options Outstanding, Weighted Average Exercise Price	$ 12.37
Options Outstanding, Aggregate Intrinsic Value	$ 295
Options Exercisable, Number of Shares	39,916
Options Exercisable, Weighted Average Remaining Life (Years)	7 months
Options Exercisable, Weighted Average Exercise Price	$ 12.37
Options Exercisable, Aggregate Intrinsic Value	$ 280

Stock-Based Compensation (Sum50

Stock-Based Compensation (Summary of Non-Vested Restricted Stock Activity) (Details)	9 Months Ended
	Sep. 30, 2016$ / sharesshares
Stock-based Compensation Arrangements, Restricted Stock, Nonvested [Roll Forward]
Shares Outstanding, Beginning of Period | shares	313,236
Shares, Granted | shares	181,156
Shares, Vested | shares	(60,185)
Shares, Forfeited | shares	(19,482)
Shares Outstanding, End of Period | shares	414,725
Weighted Average Grant-Date Fair Value, Outstanding at Beginning of Period | $ / shares	$ 16.65
Weighted Average Grant-Date Fair Value, Granted | $ / shares	15.25
Weighted Average Grant-Date Fair Value, Vested | $ / shares	18.23
Weighted Average Grant-Date Fair Value, Forfeited | $ / shares	18.02
Weighted Average Grant-Date Fair Value, Outstanding at End of Period | $ / shares	$ 15.74
Market-Based RSUs [Member]
Stock-based Compensation Arrangements, Restricted Stock, Nonvested [Roll Forward]
Shares Outstanding, Beginning of Period | shares	0
Shares, Granted | shares	120,000
Shares Outstanding, End of Period | shares	120,000
Weighted Average Grant-Date Fair Value, Granted | $ / shares	$ 9.47
Weighted Average Grant-Date Fair Value, Outstanding at End of Period | $ / shares	9.47
Stock-based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions And Methodology [Abstract]
Grant date stock price | $ / shares	$ 18.24
Risk-free interest rate	1.06%
Expected volatility	35.16%
Dividend yield	0.00%

Subsequent Events (Narratives)(

Subsequent Events (Narratives)(Details) $ / shares in Units, $ in Thousands	Oct. 27, 2016USD ($)Number$ / shares	Sep. 30, 2016USD ($)	Dec. 31, 2015USD ($)
Subsequent Event [Line Items]
Cash dividends declared		$ 5,249	$ 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	Oct. 27, 2016
Cash dividend declared on common stock, payable date	Nov. 17, 2016
Cash dividend declared on common stock, date of record	Nov. 7, 2016
Number of consecutive quartely cash dividends declared. | Number	21