Marlin Business Services (MRLN) 10-Q 1 Nov 19 2019 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2019	Oct. 25, 2019
Document And Entity Information [Abstract]
Document Type	10-Q
Document period end date	Sep. 30, 2019
Amendment flag	false
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q3
Current fiscal year end date	--12-31
Entity central index key	0001260968
Entity current reporting status	Yes
Entity filer category	Accelerated Filer
Entity registrant name	MARLIN BUSINESS SERVICES CORP.
Entity common stock shares outstanding		12,154,555
Entity Shell Company	false
Entity Small Business	false
Entity Emerging Growth Company	false

Consolidated Balance Sheets (Un

Consolidated Balance Sheets (Unaudited) - USD ($)	Sep. 30, 2019	Dec. 31, 2018
ASSETS
Cash and due from banks	$ 5,929,000	$ 5,088,000
Interest-earning deposits with banks	126,532,000	92,068,000
Total cash and cash equivalents	132,461,000	97,156,000
Time deposits with banks	14,919,000	9,659,000
Restricted interest-earning deposits (includes $7.6 million and $10.0 million at September 30, 2019 and December 31, 2018, respectively related to consolidated VIEs)	7,576,000	14,045,000
Investment securities (amortized cost of $10.2 million and $11.2 million at September 30, 2019 and December 31, 2018, respectively)	10,222,000	10,956,000
Net investment in leases and loans [abstract]
Leases	456,528,000	489,299,000
Loans	597,181,000	527,541,000
Net investment in leases and loans, excluding allowance for credit losses (includes $91.9 million and $150.2 million at September 30, 2019 and December 31, 2018, respectively, related to consolidated VIEs)	1,053,709,000	1,016,840,000
Allowance for Credit Losses	(19,211,000)	(16,100,000)
Total net investment in leases and loans	1,034,498,000	1,000,740,000
Intangible assets	7,690,000	7,912,000
Goodwill	6,735,000	7,360,000
Operating lease right-of-use assets	9,071,000	0
Property and equipment, net	6,266,000	4,317,000
Property tax receivable, net of allowance	5,889,000	5,245,000
Other assets	12,089,000	9,656,000
Total assets	1,247,416,000	1,167,046,000
LIABILITIES AND STOCKHOLDERS EQUITY
Deposits	869,257,000	755,776,000
Long-term borrowings related to consolidated VIEs	91,739,000	150,055,000
Operating lease liabilities	9,745,000	0
Other liabilities:
Sales and property taxes payable	6,104,000	3,775,000
Accounts payable and accrued expenses	32,295,000	36,369,000
Net deferred income tax liability	29,489,000	22,560,000
Total liabilities	1,038,629,000	968,535,000
Commitments and contingencies (Note 10)
Stockholders equity:
Preferred Stock, $0.01 par value; 5,000,000 shares authorized; none issued	0	0
Common Stock, $0.01 par value; 75,000,000 shares authorized; 12,154,661 and 12,367,724 shares issued and outstanding at September 30, 2019 and December 31, 2018, respectively	122,000	124,000
Additional paid-in capital	80,228,000	83,498,000
Stock subscription receivable	(2,000)	(2,000)
Accumulated other comprehensive income (loss)	89,000	(44,000)
Retained earnings	128,350,000	114,935,000
Total stockholders equity	208,787,000	198,511,000
Total liabilities and stockholders equity	$ 1,247,416,000	$ 1,167,046,000

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) (Unaudited) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Condensed Consolidated Balance Sheets [Abstract]
Amortized cost, investment securities	$ 10,160	$ 11,194
Preferred stock shares authorized	5,000,000	5,000,000
Preferred stock shares issued	0	0
Preferred stock - par or stated value	$ 0.01	$ 0.01
Common stock par value	$ 0.01	$ 0.01
Common stock shares authorized	75,000,000	75,000,000
Common stock shares issued	12,154,661	12,367,724
Common stock shares outstanding	12,154,661	12,367,724
Variable Interest Entity [Line Items]
Restricted interest-earning deposits with banks	$ 7,576	$ 14,045
Net investment in leases and loans, excluding allowance for credit losses	1,053,709	1,016,840
Variable Interest Entity [Member]
Variable Interest Entity [Line Items]
Restricted interest-earning deposits with banks	7,600	10,000
Net investment in leases and loans, excluding allowance for credit losses	$ 91,900	$ 150,200

Consolidated Statements of Oper

Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Condensed Consolidated Statements of Operations (Unaudited)
Interest income	$ 27,708	$ 24,836	$ 80,673	$ 72,079
Fee income	3,869	3,930	11,418	11,765
Interest and fee income	31,577	28,766	92,091	83,844
Interest expense	6,561	4,955	18,931	12,065
Net interest and fee income	25,016	23,811	73,160	71,779
Provision for credit losses	7,662	4,893	17,781	13,761
Net interest and fee income after provision for credit losses	17,354	18,918	55,379	58,018
Non-interest income:
Insurance premiums written and earned	2,230	2,047	6,538	5,979
Other income	8,132	2,401	23,973	8,330
Total non-interest income	10,362	4,448	30,511	14,309
Non-interest expense:
Salaries and benefits	10,897	10,292	34,817	29,842
General and administrative	6,092	5,445	25,514	18,465
Non-interest expense	16,989	15,737	60,331	48,307
Income before income taxes	10,727	7,629	25,559	24,020
Income tax expense	3,281	1,723	6,857	5,462
Net income	$ 7,446	$ 5,906	$ 18,702	$ 18,558
Basic earnings per share	$ 0.61	$ 0.48	$ 1.52	$ 1.49
Diluted earnings per share	$ 0.6	$ 0.47	$ 1.51	$ 1.49

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Comprehensive Income
Net income	$ 7,446	$ 5,906	$ 18,702	$ 18,558
Other Comprehensive Income (Loss)
Reclassification due to adoption of ASU 2016-01, ASU 2018-02 and ASU 2018-03	0	0	0	107
Increase (decrease) in fair value of securities available for sale	55	(102)	179	(148)
Tax effect	(14)	26	(46)	(12)
Total other comprehensive income (loss)	41	(76)	133	(53)
Comprehensive Income	$ 7,487	$ 5,830	$ 18,835	$ 18,505

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($)	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, 2017	$ 179,649,000	$ 124,000	$ 82,588,000	$ (2,000)	$ (96,000)		$ 97,035,000
Repurchase of common stock	(1,000,000)	0	(1,000,000)	0	0		0
Stock-based compensation recognized	921,000	0	921,000	0	0		0
Net change in unrealized gain/loss on securities available for sale, net of tax	(59,000)	0	0	0	(59,000)		0
Net income	6,185,000	0	0	0	0		6,185,000
Impact of adopting of new accounting standards	0	0	0	0	57,000	[1]	(57,000)	[1]
Cash dividends paid ($0.14 per share)	(1,769,000)	0	0	0	0		(1,769,000)
Balance at Mar. 31, 2018	$ 183,927,000	$ 124,000	82,509,000	(2,000)	(98,000)		101,394,000
Balance, Shares at Dec. 31, 2017	12,449,458	12,449,458
Repurchase of common stock, shares	(37,026)	(37,026)
Stock issued in connection with restricted, stock and RSU's, net of forfeitures	6,065	6,065
Balance, Shares at Mar. 31, 2018	12,418,497	12,418,497
Balance at Dec. 31, 2017	$ 179,649,000	$ 124,000	82,588,000	(2,000)	(96,000)		97,035,000
Stock-based compensation recognized	2,600,000
Net income	18,558,000
Balance at Sep. 30, 2018	$ 193,543,000	$ 124,000	83,317,000	(2,000)	(149,000)		110,253,000
Balance, Shares at Dec. 31, 2017	12,449,458	12,449,458
Balance, Shares at Sep. 30, 2018	12,400,465	12,400,465
Balance at Mar. 31, 2018	$ 183,927,000	$ 124,000	82,509,000	(2,000)	(98,000)		101,394,000
Issuance of common stock	211,000	0	211,000	0	0		0
Repurchase of common stock	(32,000)	0	(32,000)	0	0		0
Exercise of stock options	23,000	0	23,000	0	0		0
Stock-based compensation recognized	763,000	0	763,000	0	0		0
Net change in unrealized gain/loss on securities available for sale, net of tax	25,000	0	0	0	25,000		0
Net income	6,467,000	0	0	0	0		6,467,000
Cash dividends paid ($0.14 per share)	(1,742,000)	0	0	0	0		(1,742,000)
Balance at Jun. 30, 2018	$ 189,642,000	$ 124,000	83,474,000	(2,000)	(73,000)		106,119,000
Balance, Shares at Mar. 31, 2018	12,418,497	12,418,497
Issuance of common stock, shares	9,101	9,101
Repurchase of common stock, shares	(1,121)	(1,121)
Stock issued in connection with restricted, stock and RSU's, net of forfeitures	11,545	11,545
Exercise of stock options, shares	909	909
Balance, Shares at Jun. 30, 2018	12,438,931	12,438,931
Repurchase of common stock	$ (1,067,000)	$ 0	(1,067,000)	0	0		0
Stock-based compensation recognized	910,000	0	910,000	0	0		0
Net change in unrealized gain/loss on securities available for sale, net of tax	(76,000)	0	0	0	(76,000)		0
Net income	5,906,000	0	0	0	0		5,906,000
Cash dividends paid ($0.14 per share)	(1,772,000)	0	0	0	0		(1,772,000)
Balance at Sep. 30, 2018	$ 193,543,000	$ 124,000	83,317,000	(2,000)	(149,000)		110,253,000
Repurchase of common stock, shares	(37,566)	(37,566)
Stock issued in connection with restricted, stock and RSU's, net of forfeitures	900	900
Balance, Shares at Sep. 30, 2018	12,400,465	12,400,465
Balance at Dec. 31, 2018	$ 198,511,000	$ 124,000	83,498,000	(2,000)	(44,000)		114,935,000
Repurchase of common stock	(1,145,000)	(1,000)	(1,144,000)	0	0		0
Stock-based compensation recognized	861,000	0	861,000	0	0		0
Net change in unrealized gain/loss on securities available for sale, net of tax	40,000	0	0	0	40,000		0
Net income	5,141,000	0	0	0	0		5,141,000
Cash dividends paid ($0.14 per share)	(1,758,000)	0	0	0	0		(1,758,000)
Balance at Mar. 31, 2019	$ 201,650,000	$ 123,000	83,215,000	(2,000)	(4,000)		118,318,000
Balance, Shares at Dec. 31, 2018	12,367,724
Repurchase of common stock, shares	(48,857)	(48,857,000)
Stock issued in connection with restricted, stock and RSU's, net of forfeitures	30,209	30,209
Balance, Shares at Mar. 31, 2019	12,349,076	12,349,076
Balance at Dec. 31, 2018	$ 198,511,000	$ 124,000	83,498,000	(2,000)	(44,000)		114,935,000
Stock-based compensation recognized	2,800,000
Net income	18,702,000
Balance at Sep. 30, 2019	$ 208,787,000	$ 122,000	80,228,000	(2,000)	89,000		128,350,000
Balance, Shares at Dec. 31, 2018	12,367,724
Exercise of stock options, shares	0
Balance, Shares at Sep. 30, 2019	12,154,661	12,154,661
Balance at Mar. 31, 2019	$ 201,650,000	$ 123,000	83,215,000	(2,000)	(4,000)		118,318,000
Issuance of common stock	240,000	0	240,000	0	0		0
Repurchase of common stock	(1,719,000)	0	(1,719,000)	0	0		0
Stock-based compensation recognized	990,000	0	990,000	0	0		0
Net change in unrealized gain/loss on securities available for sale, net of tax	52,000	0	0	0	52,000		0
Net income	6,115,000	0	0	0	0		6,115,000
Cash dividends paid ($0.14 per share)	(1,774,000)	0	0	0	0		(1,774,000)
Balance at Jun. 30, 2019	$ 205,554,000	$ 123,000	82,726,000	(2,000)	48,000		122,659,000
Balance, Shares at Mar. 31, 2019	12,349,076	12,349,076
Issuance of common stock, shares	10,298	10,298
Repurchase of common stock, shares	(73,360)	(73,360)
Stock issued in connection with restricted, stock and RSU's, net of forfeitures	(450)	(450)
Balance, Shares at Jun. 30, 2019	12,285,564	12,285,564
Repurchase of common stock	$ (3,393,000)	$ (2,000)	(3,391,000)	0	0		0
Stock issued in connection with restricted stock and RSUs, net of forfeitures	0	(1,000)	1,000	0	0		0
Stock-based compensation recognized	894,000	0	894,000	0	0		0
Net change in unrealized gain/loss on securities available for sale, net of tax	41,000	0	0	0	41,000		0
Net income	7,446,000	0	0	0	0		7,446,000
Cash dividends paid ($0.14 per share)	(1,755,000)	0	0	0	0		(1,755,000)
Balance at Sep. 30, 2019	$ 208,787,000	$ 122,000	$ 80,228,000	$ (2,000)	$ 89,000		$ 128,350,000
Repurchase of common stock, shares	(147,383)	(147,383)
Stock issued in connection with restricted, stock and RSU's, net of forfeitures	16,480	16,480
Balance, Shares at Sep. 30, 2019	12,154,661	12,154,661
[1]	(1) Represents the impact of Accounting Standards Update ("ASU") 2016-01, ASU 2018-02 and ASU 2018-03

Consolidated Statements of St_2

Consolidated Statements of Stockholders' Equity (Parenthetical) (Unaudited) - $ / shares	3 Months Ended
	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018
Statements Of Stockholders Equity [Abstract]
Cash dividends declared and paid per share	$ 0.14	$ 0.14	$ 0.14	$ 0.14	$ 0.14	$ 0.14

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended				9 Months Ended		12 Months Ended
	Sep. 30, 2019	Mar. 31, 2019	Sep. 30, 2018	Mar. 31, 2018	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
Cash flows from operating activities:
Net income	$ 7,446	$ 5,141	$ 5,906	$ 6,185	$ 18,702	$ 18,558
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization					3,632	2,060
Stock-based compensation					2,745	2,594
Change in fair value of equity securities	(27)		27		(121)	108
Provision for credit losses	7,662		4,893		17,781	13,761	$ 19,522
Net deferred income taxes					6,883	1,028
Amortization of deferred initial direct costs and fees					11,008	9,915
Loss on equipment disposed					1,331	893
Gain on leases sold	(6,456)		(2,243)		(13,400)	(4,859)
Leases originated for sale					(46,038)	(5,722)
Proceeds from sale of leases originated for sale					47,771	5,848
Operating lease liability payments					(303)	0
Effect of changes in other operating items:
Other assets					(3,465)	15,432
Other liabilities					(1,982)	1,367
Net cash provided by operating activities					44,544	60,983
Cash flows from investing activities:
Net change in time deposits with banks					(5,260)	(1,300)
Funds used to originate leases and loans					(594,831)	(515,050)
Principal collections on leases and loans					380,345	358,765
Proceeds from sale of leases originated for investment					161,566	79,868
Security deposits collected, net of refunds					(175)	(210)
Proceeds from the sale of equipment					2,065	2,437
Acquisitions of property and equipment					(3,492)	(979)
Business combinations					0	(10,000)
Principle payments received on securities available for sale					1,015	277
Net cash provided by (used in) investing activities					(58,767)	(86,192)
Cash flows from financing activities:
Net change in deposits					113,481	(109,208)
Term securitization advances					0	201,650
Term securitization repayments					(58,887)	(27,131)
Business combinations earn-out consideration payments					(349)	0
Issuances of common stock					240	211
Repurchases of common stock					(6,257)	(2,099)
Dividends paid					(5,169)	(5,220)
Exercise of stock options					0	23
Debt issuance costs					0	(1,666)
Net cash provided by (used in) financing activities					43,059	56,560
Net increase in total cash, cash equivalents and restricted cash					28,836	31,351
Total cash, cash equivalents and restricted cash, beginning of period		$ 111,201		$ 67,146	111,201	67,146	67,146
Total cash, cash equivalents and restricted cash, end of period	140,037		98,497		140,037	98,497	111,201
Supplemental disclosures of cash flow information:
Cash paid for interest on deposits and borrowings					17,610	11,266
Net cash paid (refunds received) for income taxes					2,736	(8,052)
Leases transferred into held for sale from investment					149,895	75,138
Supplemental disclosures of non cash investing activities:
Business combinations assets acquired					146	3,376
Lease and loan originations					8,432	10,993
Reconciliation of cash, cash equivalents and restricted cash to the condensed consolidated balance sheets
Cash and Cash Equivalents	132,461		88,448		132,461	88,448	97,156
Restricted Cash	7,576		10,049		7,576	10,049	14,045
Total cash, cash equivalents and restricted cash, end of period	$ 140,037		$ 98,497		$ 140,037	$ 98,497	$ 111,201

The Company

The Company	9 Months Ended
	Sep. 30, 2019
The Company [Abstract]
The company	NOTE 1 – The Company Marlin Business Services Corp. (the “Company”) is a nationwide provider of credit products and services to small businesses. The products and services we provide to our customers include loans and leases for the acquisition of commercial equipment (includi ng Commercial Vehicle Group (“CVG”) assets which now incorporates Transportation Finance Group (“TFG”)) and working capital loans. The Company was incorporated in the Commonwealth of Pennsylvania on August 5, 2003. In May 2000, we established 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 Marlin Leasing Corporation (“MLC”) and Marlin Business Bank (“MBB”) for our small business customers. Effective March 12, 2008, the Company opened MBB, a commercial bank chartered by the State of Utah and a member of the Federal Reserve System. MBB serves as the Company’s primary funding source through its issuance of Federal Deposit Insura nce Corporation (“FDIC”)-insured deposits. On September 19, 2018, the Company completed the acquisition of Fleet Financing Resources (“FFR”) , a leading provider of equipment finance credit products specializing in the leasing and financing of both new a nd used commercial vehicles, with an emphasis on livery equipment and other types of commercial vehicles used by small businesses. This acquisition is consistent with our strategy of augmenting organic growth with strategic acquisitions that extend our ex isting equipment finance business into new and attractive markets. The Company paid $10.0 million in cash for FFR and incurred an immaterial amount of acquisition-related cost. In addition, if FFR generates volume of up to $542 million from the closing date through September 30, 2026, we have agreed to pay the seller up to an additional $5.5 million in cash in earn-out consideration. This earn-out consideration will be calculated quarterly based on a sliding scale of percentage of revenue volume that inc reases as successively greater tiers of volume are attained, and if the maximum earn-out consideration is earned, the total consideration paid for FFR will be $15.5 million. The earn-out will be remeasured to fair value at each reporting period , and the di fference between the revised fair value estimate and the earn-out liability will be recorded in earnings. The Company completed the purchase price allocation in the first quarter of 2019 with $5.6 million recorded to goodwill and $7.6 million recorded to i ntangible assets for vendor relationships and lender relationships, offset by a contingent consideration liability of $3.2 million representing the estimated fair value of the earn-out. See Note 7 for additional information regarding the identified intang ible assets acquired. The acquisition has been accounted for using the acquisition method of accounting . The unaudited pro forma financial information disclosed in the following sentence is for informational purposes only and is not indicative of future op erations or results. If the acquisition had occurred at the beginning of 2018, the Company’s Interest and fee income, Non-interest income and net income for the nine - month period ending September 30, 2018 , would have been approximately $87.9 million, $14 .5 million and $ 1 9 . 6 million, respectively . 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 Significant Accounti

Summary of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2019
Summary of Significant Accounting Policies [Abstract]
Summary of Significant Accounting Policies	NOTE 2 – Summary of Significant Accounting Policies Basis of financial statement presentation. The unaudited 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 simil ar economic characteristics, share the same leasing and loan portfolio and have one product offering. All intercompany accounts and transactions have been eliminated in consolidation. The accompanying unaudited consolidated financial statements present th e Company’s financial position at September 30, 2019 and the results of operations for the three- and nine- month periods ended September 30, 2019 and 2018 , and cash flows for the nine -month periods ended September 30, 2019 and 2018 . In Managemen t’s opinion, the unaudited consolidated financial statements contain all adjustments, which include normal and recurring adjustments, necessary for a fair presentation of the financial position and results of operations for the interim periods presented. These unaudited consolidated financial statements should be read in conjunction with the consolidated financial statements and note disclosures included in the Company’s Form 10-K for the year ended December 31, 2018, filed with the Securities and Exchange Commission (“SEC”) on March 8, 2019 . The consolidated results of operations for the three- and nine- month periods ended September 30, 2019 and 2018 and the consolidated statements of cash flows for the nine -month periods ended September 30, 2019 and 2018 are not necessarily indicative of the results of operations or cash flows for the respective full years or any other period. There have been no sig nificant changes to our Significant Accounting P olicies as described in our 2018 Annual Report on Form 10-K other t han the adoption of ASU 2016-02 as described below . Recently Issued Accounting Standards . Fair Value. In August 2018, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2018-13, Fair Value Measurement (Topic 820): Disclosure Framework - Changes to the Disclosure Requirements for Fair Value Measurement which modifies the disclosures on fair value measurements by removing the requirement to disclose the amount and reasons for transfers between Level 1 and Level 2 of the fair value hierarchy, the policy for timing of such transfers and the valuation process for Level 3 fair value measurements. The ASU expands the disclosure requirements for Level 3 fair value measurements, primarily focused on changes in unrealized gains and losses included in other comprehensive inco me. The ASU is effective for fiscal years beginning after December 15, 2019, with early adoption permitted. The adoption of this new requirement is not expected to have a material impact on the consolidated earnings, financial position or cash flows of the C ompany . Intangibles - Goodwill . In August 2018, the FASB issued ASU 2018-15, Intangibles – Goodwill and Other – Internal-Use Software (Subtopic 350-40): Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract to clarify the accounting treatment for implementation costs for cloud computing arrangements . The ASU is effective for fiscal years beginning after December 15, 2019, with early adoption permitted. The adoption of this new requirement is not expected to have a material impact on the consolidated earnings, financial position or cash flows of the C ompany . Credit Losses. In June 2016, the FASB issued ASU 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments , which changes the methodology for evaluating impairment of most financial instruments. The ASU replaces the currently used incurred loss model with a forward-looking current expected loss model which will generally result in more timely recognition of losses. In April 2019, the FASB issued ASU 2019-04, Codification Improvements , which provides guidance on accounting for credit losses on accrued interest receivable balances and guidance on including recoveries when estimating the a llowance. In May 2019, the FASB issued ASU 2019-05, Targeted Transition Relief, which allows entities with an option to elect fair value for certain instruments upon adoption of Topic 326. The Company will adopt the ASU effective January 1, 2020, and will apply any changes resulting from the application of the new standard’s provisions as a cumulative-effect adjustment to retained earnings as of the beginning of the first reporting period in which the guidance is effective (i.e., modified retrospective approach). We are currently working with a third-party vendor on model development and validation and are working through other implementation steps including updating our allowance governance processes and related internal controls. Our cross-functional implementation team meets on a regular basis to oversee activities and monitor progress. The Company expects that the new guidance will result in an increase in its allowance for credit losses because the allowance will be required to cover credit losses over the full remaining expected life of its portfolio of leases and loans, rather than the incurred loss model under current U.S. GAAP. H owever, our methodologies are in the process of being finalized so the magnitude of the adjustment and the overall impact of the new standard on the Company’s financial condition or results of operations cannot yet be determined . Recently Adopted Accounting Standards . Leases. In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) to increase transparency and comparability among organizations recognizing lease assets and lease liabilities on the balance sheet. The ASU required lessees to recognize a right-of-use (ROU) asset for its right to use the underlying asset and a lease liability for the corresponding lease obligation for leases with terms of more than twelve months. Accounting by lessors remain ed largely unchanged from current U.S. GAAP. The ASU also require d expanded quantitative and qualitative disclosures for both lessees and lessors. In July 2018, the FASB issued ASU 2018-11, Leases (Topic 842): Targeted Improvements, which provided entities with an additional (and o ptional) transition method in which the entity applies the new leases standard at the adoption date and recognizes a cumulative-effect adjustment to the opening balance of retained earnings in the period of adoption. The Company applied the new transition method upon adoption . In December 2018, t he FASB issued ASU 2018-20, Leases (Topic 842): Narrow Scope Improvements for Lessors , which clarif ied the treatment of sales taxes and other taxes collected from lessees, lessor costs paid directly by lessees, and recognition of variable payments for contracts with lease and non-lease components. In March 2019, the FASB issued ASU 2019-01, Leases (Topic 842): Codification Improvements , which aligned the new lease guidance with the existing guidance for fair value of the underlying asset by lessors that are not manufacturers or dealers. It also clarified an exemption for lessors and lessees from a certain interim disclosure requirement associated with adopting the board’s new lease accounting standard. The Company adopted the guidance in these ASUs on January 1, 2019. As a result , the Company recorded right-of-use assets of $ 9 . 1 million and lease liabilities of $ 9.1 million. At January 1, 2019, there was no adjustment to opening retained earnings. The Company, as a l essor, is record ing property tax income and expense associated with leasing on a gross basis in the Consolidated Statements of Operations. The property tax income and expense are recorded in the same period as earned and incurred, and the Company recog nizes a provision for uncollectible property tax revenue as contra-revenue when a loss is probable and collectability is not reasonably assured. In addition, ASU 2016-02 limits the types of direct lease origination costs that are able to be deferred, whic h will reduce prospective deferred lease origination costs on a unit basis.

Non-Interest Income

Non-Interest Income	9 Months Ended
	Sep. 30, 2019
Noninterest Income [Abstract]
Noninterest Income [Text Block]	NOTE 3 – Non-Interest Income The Company earns revenue including interest and fees from customers as well as revenues from non-customer s. The Company recognizes revenue when the performance obligations related to the transfer of goods or services under the terms of the contract are satisfied. Some obligations are satisfied at a point in time while others are satisfied over a period of time related to the specific obligation . Revenue is recognized as the amount of consideration to which t he Company expects to be entitled in exchange for transferring goods or services to a customer. When consideration includes a variable component, the amount of consideration attributable to variability is included in the transaction price only to the exte nt it is probable that significant revenue recognized will not be reversed when uncertainty associated with the variable consideration is subsequently resolved. Generally, the variability relating to the consideration is explicitly stated in the contracts, but may also arise from the Company’s customer business practice, for example, waiving certain fees. The Company’s contracts generally do not contain terms that require significant judg ment to determine the variability impacting the transaction price . The majority of the Company’s revenue-generating transactions are not subject to ASC 606, Revenue from Contracts with Customers , including revenue generated from financial instruments, such as our leases and loans, investment securities, as well as revenue related to our gain on sale of leases and loans, servicing income, and insurance premiums written and earned. Revenue-generating activities that the Company accounts for under ASC 606, which are presented in our income statements as components of non-int erest income, include certain fees such as property tax administrative fees on leases, ACH payment fees, insurance policy fees outside of the scope of ASC 944, broker fees earned for referring leases and loans to other funding partners, and other fees. The Company has included the following table regarding the Company’s non-interest income for the periods presented. Three Months Ended Nine Months Ended September 30, September 30, (Dollars in thousands) 2019 2018 2019 2018 Insurance premiums written and earned $ 2,230 $ 2,047 $ 6,538 $ 5,979 Gain on sale of leases and loans 6,456 2,243 13,400 4,859 Servicing income 395 (769) 1,021 404 Property tax income (42) — 5,680 — Net gains (losses) recognized during the period on equity securities 27 (27) 121 (108) Non-interest income within the scope of other GAAP topics 9,066 3,494 26,760 11,134 Property tax administrative fees on leases 272 176 801 557 ACH payment fees 78 84 238 253 Insurance policy fees 688 513 2,021 1,538 Referral fees 129 118 448 611 Other 129 63 243 216 Non-interest income from contracts with customers 1,296 954 3,751 3,175 Total non-interest income $ 10,362 $ 4,448 $ 30,511 $ 14,309

Investments securities

Investments securities	9 Months Ended
	Sep. 30, 2019
Investment securities [Abstract]
Investment securities [Text Block]	NOTE 4 – Investment Securities Debt Securities, Available for Sale are recorded at fair value and unrealized gains and losses are reported, net of taxes, in accumulated other comprehensive income (loss) included in stockholders’ equity unless management determines that an investment is other-than-temporarily impaired (OT TI ). Equity securities are recorded at fair value and c hanges in fair value of equity securities are recorded through Other Income in the Con solidated Statements of Operations. The amortized cost and estimated fair value of investments, with gross unrealized gains and losses, were as follows as of September 30, 2019 and December 31, 2018 : September 30, 2019 Gross Gross Amortized Unrealized Unrealized Estimated Cost Gains Losses Fair Value (Dollars in thousands) Debt Securities, Available for Sale: Asset-backed securities ("ABS") $ 4,409 $ 42 $ (18) $ 4,433 Municipal securities 2,058 119 — 2,177 Equity Securities Mutual fund 3,693 — (81) 3,612 Total investment securities $ 10,160 $ 161 $ (99) $ 10,222 December 31, 2018 Gross Gross Amortized Unrealized Unrealized Estimated Cost Gains Losses Fair Value (Dollars in thousands) Debt Securities, Available for Sale: ABS $ 4,934 $ 20 $ (39) $ 4,915 Municipal securities 2,629 3 (20) 2,612 Equity Securities Mutual fund 3,631 — (202) 3,429 Total investment securities $ 11,194 $ 23 $ (261) $ 10,956 The Company had $ 3.6 million and $ 3.4 million in equity securities recorded at fair value at September 30, 2019 and December 31, 2018 , respectively. The following schedule is a summary of fair value changes recognized in net income on equity securities during the three- and nine- months ended September 30, 2019 and September 30, 2018 : Three Months Ended September 30, Nine Months Ended September 30, (Dollars in thousands) 2019 2018 2019 2018 Net gains (losses) recognized during the period on equity securities $ 27 $ (27) $ 121 $ (108) Less: Net gains (losses) recognized during the period on equity securities sold during the period — — — — Unrealized gains (losses) recognized during the reporting period on equity securities still held at the reporting date $ 27 $ (27) $ 121 $ (108) The following tables present the aggregate amount of unrealized losses on securities in the Company’s investment securities classified according to the amount of time those securities have been in a continuous loss position as of September 30, 2019 and December 31, 2018 : September 30, 2019 Less than 12 months 12 months or longer Total Gross Gross Gross Unrealized Fair Unrealized Fair Unrealized Fair Losses Value Losses Value Losses Value (Dollars in thousands) Debt Securities, Available for Sale: ABS $ — $ — $ (18) $ 1,283 $ (18) $ 1,283 Equity Securities Mutual fund — — (81) 3,612 (81) 3,612 Total investment securities $ — $ — $ (99) $ 4,895 $ (99) $ 4,895 December 31, 2018 Less than 12 months 12 months or longer Total Gross Gross Gross Unrealized Fair Unrealized Fair Unrealized Fair Losses Value Losses Value Losses Value (Dollars in thousands) Debt Securities, Available for Sale: ABS $ — $ — $ (39) $ 3,340 $ (39) $ 3,340 Municipal securities (16) 1,436 (4) 408 (20) 1,844 Equity Securities Mutual fund — — (202) 3,429 (202) 3,429 Total investment securities $ (16) $ 1,436 $ (245) $ 7,177 $ (261) $ 8,613 The following table presents the amortized cost, fair value, and weighted average yield of investments in debt securities available for sale at September 30, 2019 , by remaining contractual maturity, with the exception of ABS and municipal securities, which are based on estimated average life. Receipt of cash flows may differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without penalties: September 30, 2019 1 Year 1-5 5-10 After 10 or Less Years Years Years Total (Dollars in thousands) Amortized Cost: Debt Securities, Available for Sale: ABS $ — $ 2,618 $ 1,799 $ — $ 4,417 Municipal securities — 422 1,636 — 2,058 Total debt securities available for sale $ — $ 3,040 $ 3,435 $ — $ 6,475 Estimated fair value $ — $ 3,080 $ 3,537 $ — $ 6,617 Weighted-average yield, GAAP basis — 2.31% 2.85% — 2.60% OTTI The Company evaluates its debt securities in an unrealized loss position for OTTI on at least a quarterly basis. T he Company did not recognize any OTTI in earnings related to its investment securities for the nine months ended September 30, 2019 and September 30, 2018 .

Net Investment in Leases and Lo

Net Investment in Leases and Loans	9 Months Ended
	Sep. 30, 2019
Net Investment in Leases and Loans [Abstract]
Net Investment in Leases and Loans	NOTE 5 – Net Investment in Leases and Loans The Company’s lease portfolio is comprised entirely of sales type leases whose terms generally range from 36 to 72 months. At the time of application, small business customers can select a purchase option that will allow them to purchase the equipment at the end of the contract term for either one dollar, the fair market value of the equipment or a specified percentage of the original equipment cost. Alternatively, the customers can continue leasing or return the equipment. We estimate the residual value of the equipment which is recorded as an asset on our balance sheet. Realization of residual values depends on numerous fact ors including: the general market conditions at the time of expiration of the lease; the customer’s election to enter into a renewal period; the cost of comparable new equipment; the obsolescence of the leased equipment; any unusual or excessive wear and t ear on or damage to the equipment; the effect of any additional or amended government regulations; and the foreclosure by a secured party of our interest in a defaulted lease. The Company’s loan portfolio is comprised of Working Capital loans, loans under the Community Reinvestment Act of 1977 (CRA), and Equipment loans. Working Capital loans generally have 6 to 24 month terms with repayment terms that can vary from daily, weekly or monthly . Equipment loans are comprised of Equipment Finance Agreements, Installment P urchase Agreements, and other loans. Net investment in leases and loans consists of the following: September 30, 2019 December 31, 2018 (Dollars in thousands) Minimum lease payments receivable $ 492,793 $ 530,867 Estimated residual value of equipment 29,122 27,646 Unearned lease income, net of initial direct costs and fees deferred (64,726) (68,376) Security deposits (661) (838) Total leases 456,528 489,299 Commercial loans, net of origination costs and fees deferred Working Capital Loans 55,794 36,856 CRA (1) 1,454 1,466 Equipment loans (2) 463,519 423,168 CVG 76,414 66,051 Total commercial loans 597,181 527,541 Allowance for credit losses (19,211) (16,100) $ 1,034,498 $ 1,000,740 ________________________ CRA loans are comprised of loans originated under a line of credit to satisfy its obligations under the Community Reinvestment Act of 1977. Equipment loans are comprised of Equipment Finance Agreements, Installment Purchase Agreements and other loans. At September 30, 2019 , $ 91.9 million in net investment in leases were pledged as collateral for the Company’s outstanding asset-backed securitization balance and $ 35.4 million in net investment in leases were pledged as collateral for the secured borrowing capacity at the Federal Reserve Discount Window. The amount of deferred i nitial direct costs and origination costs net of deferred fees deferred were $ 20.8 million and $ 20.5 million as of September 30, 2019 and December 31, 2018 , respectively. Initi al direct costs are netted in unearned income and are amortized to income using the effective interest method. ASU 2016-02 limited the types of costs that qualify for deferral as initial direct costs for leases, which reduced the deferral of unit lease cos ts and resulted in an increase in current period expense. Origination costs are netted in commercial loans and are amortized to income using the effective interest method. At September 30, 2019 and December 31, 2018 , $23.7 million and $23.6 milli on, respectively, of the estimated residual value of equipment retained on our Consolidated Balance Sheets was related to copiers. Maturities of lease receivable s under lease contracts and the amortization of unearned lease income, including initial dir ect costs and fees deferred, were as follows as of September 30, 2019 : Minimum Lease Payments Net Income Receivable (1) Amortization (2) (Dollars in thousands) Period Ending December 31, Remainder of 2019 $ 55,633 $ 9,916 2020 182,135 28,154 2021 125,925 15,651 2022 76,516 7,490 2023 39,218 2,792 Thereafter 13,366 723 $ 492,793 $ 64,726 ________________________ Represents the undiscounted cash flows of the lease payments receivable. Represents the difference between the undiscounted cash flows and the discounted cash flows. The lease income recognized wa s as follows : Three Months Ended Nine Months Ended September 30, September 30, 2019 2018 2019 2018 (Dollars in thousands) Selling Profit (1) $ — $ — $ — $ — Interest Income $ 10,384 $ 11,992 $ 32,075 $ 37,470 ________________________ The Company does not derive income from the sale of the equipment.

Allowance for Credit Losses

Allowance for Credit Losses	9 Months Ended
	Sep. 30, 2019
Allowance For Credit Losses [Abstract]
Allowance For Credit Losses	NOTE 6 – Allowance for Credit Losses In accordance with the Contingencies and Receivables Topics 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 tables which follow provide activity in the allowance for credit losses and asset quality statistics. Three Months Ended September 30, 2019 Commercial Leases and Loans (Dollars in thousands) Working Capital Loans CRA Equipment Finance (2) CVG Total Allowance for credit losses, beginning of period $ 1,940 $ - $ 13,416 $ 1,421 $ 16,777 Charge-offs (417) - (5,023) (526) (5,966) Recoveries 227 - 457 54 738 Net charge-offs (190) - (4,566) (472) (5,228) Provision for credit losses 346 - 6,799 517 7,662 Allowance for credit losses, end of period $ 2,096 $ - $ 15,649 $ 1,466 $ 19,211 Ending balance: individually evaluated for impairment (3) $ - $ - $ 937 $ - $ 937 Ending balance: collectively evaluated for impairment $ 2,096 $ - $ 14,712 $ 1,466 $ 18,274 Ending lease or loan balance (1) $ 55,122 $ 1,454 $ 892,011 $ 84,281 $ 1,032,868 Ending balance: individually evaluated for impairment (3) $ - $ - $ 1,891 $ - $ 1,891 Ending balance: collectively evaluated for impairment $ 55,122 $ 1,454 $ 890,120 $ 84,281 $ 1,030,977 Three Months Ended September 30, 2018 Commercial Leases and Loans (Dollars in thousands) Working Capital Loans CRA Equipment Finance (2) CVG Total Allowance for credit losses, beginning of period $ 1,334 $ - $ 13,012 $ 1,224 $ 15,570 Charge-offs (361) - (4,502) (202) (5,065) Recoveries 9 - 491 19 519 Net charge-offs (352) - (4,011) (183) (4,546) Provision for credit losses 437 - 4,230 226 4,893 Allowance for credit losses, end of period $ 1,419 $ - $ 13,231 $ 1,267 $ 15,917 Ending lease or loan balance (1,4) $ 33,631 $ 1,437 $ 872,027 $ 59,564 $ 966,659 Nine Months Ended September 30, 2019 Commercial Leases and Loans (Dollars in thousands) Working Capital Loans CRA Equipment Finance (2) CVG Total Allowance for credit losses, beginning of period $ 1,467 $ - $ 13,531 $ 1,102 $ 16,100 Charge-offs (1,692) - (13,863) (1,200) (16,755) Recoveries 298 - 1,671 116 2,085 Net charge-offs (1,394) - (12,192) (1,084) (14,670) Provision for credit losses 2,023 - 14,310 1,448 17,781 Allowance for credit losses, end of period $ 2,096 $ - $ 15,649 $ 1,466 $ 19,211 Ending balance: individually evaluated for impairment (3) $ - $ - $ 937 $ - $ 937 Ending balance: collectively evaluated for impairment $ 2,096 $ - $ 14,712 $ 1,466 $ 18,274 Ending lease or loan balance (1) $ 55,122 $ 1,454 $ 892,011 $ 84,281 $ 1,032,868 Ending balance: individually evaluated for impairment (3) $ - $ - $ 1,891 $ - $ 1,891 Ending balance: collectively evaluated for impairment $ 55,122 $ 1,454 $ 890,120 $ 84,281 $ 1,030,977 Nine Months Ended September 30, 2018 Commercial Leases and Loans (Dollars in thousands) Working Capital Loans CRA Equipment Finance (2) CVG Total Allowance for credit losses, beginning of period $ 1,036 $ - $ 12,663 $ 1,152 $ 14,851 Charge-offs (1,090) - (12,721) (601) (14,412) Recoveries 59 - 1,599 59 1,717 Net charge-offs (1,031) - (11,122) (542) (12,695) Provision for credit losses 1,414 - 11,690 657 13,761 Allowance for credit losses, end of period $ 1,419 $ - $ 13,231 $ 1,267 $ 15,917 Ending lease or loan balance (1,4) $ 33,631 $ 1,437 $ 872,027 $ 59,564 $ 966,659 Year ended December 31, 2018 Commercial Leases and Loans (Dollars in thousands) Working Capital Loans CRA Equipment Finance (2) CVG Total Allowance for credit losses, beginning of period $ 1,036 $ - $ 12,663 $ 1,152 $ 14,851 Charge-offs (1,537) - (18,149) (907) (20,593) Recoveries 60 - 2,199 61 2,320 Net charge-offs (1,477) - (15,950) (846) (18,273) Provision for credit losses 1,908 - 16,818 796 19,522 Allowance for credit losses, end of period $ 1,467 $ - $ 13,531 $ 1,102 $ 16,100 Ending lease or loan balance (1,4) $ 36,478 $ 1,466 $ 890,785 $ 67,654 $ 996,383 (1) 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. (2) Equipment Finance consists of Equipment Finance Agreements, Installment Pu rchase Agreements, and other leases and loans. (3) Our policy for estimating the allowance for credit losses includes analyzing specifically identified loans or leases separately from the pool, whenever such contracts are not expected to perform consisten t with the credit characteristics or the portfolio segment as a whole. In such cases, these loans or leases are analyzed for impairment under a separate quantitative analysis and a specific reserve established. In the three months ended September 30, 201 9, loans were individually evaluated for impairment related to fraudulent activities within a specific equipment dealer’s portfolio . (4) For the three and nine months ended September 30, 2018 and the year ended December 31, 2018 , all leases and loans were collectively evaluated. For the nine -month periods ended September 30, 2019 and September 30, 2018 , the Company sold $ 195.9 million of leases and loans from its portfolio for a gain on sale of $ 13.4 million and $ 78.1 million of leases and loans from its portfolio for a gain on sale of $ 4.8 million, respectively . For the year ended December 31, 2018 , the Company sold $ 139.0 million of leases and loans from its portfolio for a gain on sale of $ 8.4 million . Credit Quality Indicators The Company’s credit review process includes a risk c lassification of all leases and loans that includes pass, special mention, substandard, doubtful, and loss. The classification of a lease or loan may change based on changes in the creditworthiness of the borrower. The description of the risk classificatio ns are as follows: Pass: A lease or loan is classified as pass when payments are current and it is performing under the original contractual terms. Special Mention: A lease or loan is classified as special mention when the borrower exhibits potential credit weakness or a downward trend which, if not checked or corrected, will weaken the asset or inadequately protect the Company’s position. While potentially weak, the borrower is currently marginally acceptable; no loss of principal or interest is envisioned. Substandard: A lease or loan is classified as substandard when the borrower has a well-defined weakness or weaknesses that jeopardize the orderly liquidation of the debt. A substandard loan is inadequately protected by the current net worth and paying capacity of the obligor, normal repayment from this borrower is in jeopardy, and there is a distinct possibility that a partial loss of interest and/or principal will occur if the deficiencies are not corrected. Doubtful: A lease or loan is classified as doubtful when a borrower has all weaknesses inherent in a loan classified as substandard with the added provision that: (1) the weaknesses make collection of debt in full on the basis of currently existing facts, conditions and values highly questionable and improbable; (2) seriou s problems exist to the point where a partial loss of principal is likely; and (3) the possibility of loss is extremely high, but because of certain important, reasonably specific pending factors which may work to the advantage and strengthening of the ass ets, its classification as an estimated loss is deferred until its more exact status may be determined. Pending factors include proposed merger, acquisition, or liquidation procedures, capital injection, perfecting liens and additional refinancing plans. Loss: A lease or loan is classified as loss when uncollectible and of such little value that its continuance as a bankable asset is not warranted. This classification does not mean that the loan has absolutely no recovery or salvage value but rather that i t is not practical or desirable to defer writing off this basically worthless asset even though partial recovery may be effected in the future. The Company charges-off the collateral or discounted cash flow deficiency on all loans on non-accrual status. In all cases, leases and loans are placed on non-accrual when 90 days past due or earlier if collection of principal or interest is considered doubtful. The following tables present the segments of the loan portfolio in which a formal risk weighting system is utilized summarized by the categories of “pass” and “special mention”, and the classified categories of “substandard”, “doubtful”, and “loss” within the Company’s risk rating system at September 30, 2019 and December 31, 2018 . The data within the tables reflect net investment, excluding deferred fees and cost and allowance : September 30, 2019 Commercial Leases and Loans (Dollars in thousands) Working Capital Loans CRA Equipment Finance CVG Total Pass $ 53,799 $ 1,454 $ 879,589 $ 82,831 $ 1,017,673 Special Mention 180 - 3,714 105 3,999 Substandard 403 - 3,803 572 4,778 Doubtful 713 - 3,142 311 4,166 Loss 27 - 1,763 462 2,252 Total $ 55,122 $ 1,454 $ 892,011 $ 84,281 $ 1,032,868 December 31, 2018 Commercial Leases and Loans (Dollars in thousands) Working Capital Loans CRA Equipment Finance CVG Total Pass $ 35,793 $ 1,466 $ 879,275 $ 66,463 $ 982,997 Special Mention 47 - 4,373 146 4,566 Substandard 145 - 3,460 660 4,265 Doubtful 300 - 2,353 158 2,811 Loss 193 - 1,324 227 1,744 Total $ 36,478 $ 1,466 $ 890,785 $ 67,654 $ 996,383 Troubled debt restructurings are restructurings of leases and loans in which, due to the borrower's financial difficulties, a lender grants a concession that it would not otherwise consider for borrowers of similar credit quality. As of September 30, 2019 and December 31, 2018 , the Company did not have any t roubled debt restructurings. Loan Delinquencies and Non-A ccrual Leases and Loans Net investments in leases and loans are generally charged-off when they are contractually past due for 120 days or more. Income recognition is discontinued on leases or loans when a default on monthly payment exists for a period of 90 days or more. Income recognition resumes when a lease or loan becomes less than 90 days delinquent. At September 30, 2019 and December 31, 2018 , there were no finance receivables past due 90 days or more and still accruing. Working Capital Loans are generally placed in non-accrual status when they are 30 days past due and generally charged-off at 60 days past due . The loan is removed from non-accrual status on ce sufficient payments are made to bring the loan current and reviewed by management. At September 30, 2019 and December 31, 2018 , there were no Working Capital Loans past due 30 days or more and still accruing. Management further monitors the performance and credi t quality of the loan portfolio as determined by the length of time a recorded payment is due. The following tables provide information about delinquent and non-accrual leases and loans in the Company’s portfolio as of September 30, 2019 and December 31, 2018 30-59 60-89 >90 Days Days Days Total Total September 30, 2019 Past Past Past Past Finance Non- (Dollars in thousands) Due Due Due Due Current Receivables Accruing Working Capital Loans $ 713 $ - $ 27 $ 740 $ 54,382 $ 55,122 $ 740 CRA - - - - 1,454 1,454 - Equipment Finance (1) 4,247 3,680 5,000 12,927 1,002,425 1,015,352 6,636 CVG 173 503 573 1,249 96,836 98,085 573 Total Leases and Loans (2) $ 5,133 $ 4,183 $ 5,600 $ 14,916 $ 1,155,097 $ 1,170,013 $ 7,949 30-59 60-89 >90 Days Days Days Total Total December 31, 2018 Past Past Past Past Finance Non- (Dollars in thousands) Due Due Due Due Current Receivables Accruing Working Capital Loans $ 300 $ 51 $ 141 $ 492 $ 35,986 $ 36,478 $ 492 CRA - - - - 1,466 1,466 - Equipment Finance (1) 4,537 3,123 3,529 11,189 1,001,363 1,012,552 3,529 CVG 166 257 191 614 78,407 79,021 191 Total Leases and Loans (2) $ 5,003 $ 3,431 $ 3,861 $ 12,295 $ 1,117,222 $ 1,129,517 $ 4,212 (1 ) Equipment Finance consists of Equipment Finance Agreements, Installment Purchase Agreements, and other leases and loans. (2) Represents total minimum lease and loan payments receivable for Equ ipment Finance and CVG and as a percentage of principal outstanding for Working Capital Loans and CRA.

Goodwill and Intangible Assets

Goodwill and Intangible Assets	9 Months Ended
	Sep. 30, 2019
Goodwill and Intangible Assets [Abstract]
Goodwill and Intangible Assets [Text Block]	NOTE 7 - Goodwill and Intangible Assets Goodwill The Company’s goodwill balance of $7.4 million at December 31, 2018 included $1.2 million from the Company’s acquisition of Horizon Keystone Financial, an equipment company (‘ HKF ”), in January 2017 , and $6.2 million from the preliminary allocation of the pur chase price of the Company’s acquisition of FFR in September 2018. The Company completed the purchase price allocation in the first quarter of 2019 upon receiving clarification of certain outstanding matters and established a final goodwill valuation of $5 .6 million resulting in a goodwill reduction of $0.6 million in the first quarter of 2019. The goodwill balance represents the excess purchase price over the Company’s fair value of the assets acquired and is not amortizable but is deductible for tax purpo ses. Impairment testing will be performed in the fourth quarter of each year and more frequently as warranted in accordance with the applicable accounting guidance . The changes in the carrying amount of goodwill for the nine month period ended September 30, 2019 are as follows: (Dollars in thousands) Total Company Balance at December 31, 2018 $ 7,360 Changes (625) Balance at September 30, 2019 $ 6,735 Intangible assets During the first quarter of 2017, in connection with the acquisition of HKF, the Company acquired certain definite-lived intangible assets with a total cost of $1.3 million and a weighted average amortization period of 8.7 years. During the third quarter of 2018, in connection with the acquisition of FFR, the Company acquired certain definite-lived intangible assets with a total cost of $7.2 million based on a preliminary evaluation. The Company subsequently completed the purchase price allocation in the first quarter of 2019 and established a cost of $7.6 million for the acquired intangible assets and a weighted average amortization period of 10.8 years . The Company had no indefinite-lived intangible assets at September 30, 2019 . The following table presents de tails of the Company’s intangible assets as of September 30, 2019 : (Dollars in thousands) Accumulated Net Description Useful Life Cost Amortization Value Lender relationships 3 to 10 years $ 1,630 $ 457 $ 1,173 Vendor relationships 11 years 7,290 809 6,481 Corporate trade name 7 years 60 24 36 $ 8,980 $ 1,290 $ 7,690 There was no impairment of these assets in the third quarter or nine months of 2019 or 2018 . Amortization related to the Company’s definite lived intangible assets was $ 0. 7 million and $ 0 .2 million for the nine -month periods ended September 30, 2019 and September 30, 2018 , respectively . The Company expects the amortization expense for the next five years will be as follows: (Dollars in thousands) Remainder of 2019 $ 230 2020 798 2021 798 2022 798 2023 798

Other Assets

Other Assets	9 Months Ended
	Sep. 30, 2019
Other Assets [Abstract]
Other Assets	NOTE 8 – Other Assets Other assets are comprised of the following: September 30, December 31, 2019 2018 (Dollars in thousands) Accrued fees receivable $ 3,317 $ 3,354 Prepaid expenses 2,568 2,447 Income taxes receivable 1,223 — Federal Reserve Bank Stock 1,711 1,711 Other 3,270 2,144 $ 12,089 $ 9,656

Leases

Leases	9 Months Ended
	Sep. 30, 2019
Leases [Abstract]
Leases	NOTE 9 – Leases The Company determines if an arrangement is a lease at inception. Operating leases are included in operating lease right-of-use (“ROU”) assets and operating lease liabilities on our consolidated balance sheets. ROU assets and operating lease liabilities ar e recognized based on the present value of the future lease payments over the lease term at commencement date. As most of our leases do not provide an implicit rate, in order to determine the present value of future payments for office leases we use an inc remental borrowing rate based on the information available through real estate databases for similar locations and for the present value of future payments for equipment leases we use the average rate of our term note securitization which is collateralized by similar equipment. The ROU asset also includes any lease payments made and excludes lease incentives. Our lease terms may include options to extend when it is reasonably certain that we will exercise that option. Lease expense for minimum lease payment s is recognized on a straight-line basis over the lease term. As of September 30, 2019 , the Company leases all six of its office locations including its executive offices in Mt. Laurel, New Jersey, and its offices in or near Salt Lake City, Utah; Portsmouth, N ew Hampshire; Highlands Ranch, Colorado; Corona, California; and Philadelphia, Pennsylvania. The Company has elected not to recognize ROU assets and lease liabilities for two office leases whose terms are twelve months or less and are considered short-te rm leases. Four of the office leases include options to extend for terms of three to ten years. These options have not been recognized as part of our ROU assets and lease liabilities as the Company is not reasonably certain to exercise these options. The Company has also entered into two leases for office equipment for which ROU assets and lease liabilities have been recognized. All the aforementioned leases have been accounted for as operating leases. The components of lease expense were as follows: Three Months Ended Nine Months Ended September 30, September 30, (Dollars in Thousands) 2019 2018 2019 2018 Operating lease cost $ 322 $ 283 $ 878 $ 842 Finance lease costs — 2 — 6 Short-term lease cost 207 — 323 — Total lease cost $ 529 $ 285 $ 1,201 $ 848 Supplemental information related to leases was as follows: Nine Months Ended (Dollars in thousands) September 30, 2019 Supplemental balance sheet information Operating lease right-of-use assets $ 9,071 Operating lease liabilities 9,745 Weighted average remaining lease term 11.3 Years Weighted average discount rate 3.30 % Supplemental cash flow information Operating cash flows for operating leases $ 303 Right-of-use assets obtained in exchange for lease obligations 9,071 Maturities of lease liabilities were as follows: Operating Leases Period Ending December 31, (Dollars in thousands) Remainder of 2019 $ 128 2020 1,281 2021 1,073 2022 984 2023 906 Thereafter 7,445 Total lease payments $ 11,817 Less: imputed interest (2,072) Total $ 9,745

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2019
Commitments and Contingencies [Abstract]
Commitments And Contingencies	NOTE 10 – Commitments and Contingencies Legal and Regulatory MBB is a member bank in a non-profit, multi-financial institution Community Development Financial Institution (“CDFI”) organization. The CDFI serves as a catalyst for community development by offering flexible financing for affordable, quality housing to low- and moderate-income residents, helping MBB meet its Community Reinvestment Act (“CRA”) obligations. Currently, MBB receives a range of approximately 0.8 % to 1.2 % participation in each f unded loan which is collateral for the loan issued to the CDFI under the program. MBB records loans in its financial statements when they have been funded or become payable. Such loans help MBB satisfy its obligations under the Community Reinvestment Act o f 1977. At September 30, 2019 , MBB had an unfunded commitment of $ 0. 5 million for this activity. MBB’s one-year commitment to the CD FI will expire in September 2020 at which time the commitment may be renewed for another year based on the Company’s discretion. 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 posit ion, results of operations or cash flows. Banking institutions are subject to periodic reviews and examinations from banking regulators. In 2017, one of MBB’s regulatory agencies communicated findings in connection with the timing of certain aspects of pa yment application processes in effect prior to February 2016 related to the assessment of late fees. The Company agreed to pay restitution to customers in the amount $ 4.0 million to resolve this matter, and the Company established a liability for such amou nt in the first quarter of 2017. In the second quarter of 2019, the Company remitted the $ 4.0 million into a fund that will process the restitution and resolve its obligation for this matter. Income Taxes The Company and its subsidiaries are currently subject to audit by the IRS for tax years ended December 31, 2015 and December 31, 2017 .

Deposits

Deposits	9 Months Ended
	Sep. 30, 2019
Deposits [Abstract]
Deposits	NOTE 11 – 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. MBB offers FD IC-insured money market deposit accounts (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 a nd recorded as a single deposit account at MBB. As of September 30, 2019 , money market deposit accounts totaled $ 19.7 million. As of September 30, 2019 , the scheduled maturities of certificates of deposits are as follows: Scheduled Maturities (Dollars in thousands) Period Ending December 31, Remainder of 2019 $ 122,872 2020 331,407 2021 208,367 2022 108,362 2023 47,741 Thereafter 31,016 Total $ 849,765 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, 2019 was 2.43% .

Debt and Financing Arrangements

Debt and Financing Arrangements	9 Months Ended
	Sep. 30, 2019
Debt and Financing Arrangements [Abstract]
Debt and Financing Arrangements [Text Block]	NOTE 12 – Debt and Financing Arrangements Short -Term Borrowings On November 20, 2018, the Company closed on a secured, variable rate revolving line of credit in the amount of $ 5.0 million that expires on November 20, 2019 . As of September 30, 2019 , the Company was in compliance with all debt covenants required under this line of credit and there were no outstanding balances on this line of credit as of September 30, 2019 and December 31, 2018 . Long-term Borrowings On July 27, 2018 the Company completed a $201.7 million asset-backed term securitization. Each tranche of the term note securitization has a fixed term, fixed interest rate and fixed principal amount. At September 30, 2019 , outstanding term securitizations amou nted to $ 92.3 million and are collateralized by $ 103.0 million of minimum lease and loan payments receivable and 7.60 million of restricted interest-earning deposits. The Company’s term note securitizations are classified as long-term bor rowings. The Company’s long-term borrowings consisted of the following: September 30, December 31, 2019 2018 (Dollars in thousands) Term securitization 2018-1 $ 92,346 $ 151,233 Unamortized debt issuance costs (607) (1,178) $ 91,739 $ 150,055 The July 27, 2018 term note securitization is summarized below: Notes Final Original Outstanding Balance as of Originally Maturity Coupon September 30, 2019 December 31, 2018 Issued Date Rate (Dollars in thousands) 2018 — 1 Class A-1 $ — $ 26,983 $ 77,400 July, 2019 2.55 % Class A-2 23,796 55,700 55,700 October, 2020 3.05 Class A-3 36,910 36,910 36,910 April, 2023 3.36 Class B 10,400 10,400 10,400 May, 2023 3.54 Class C 11,390 11,390 11,390 June, 2023 3.70 Class D 5,470 5,470 5,470 July, 2023 3.99 Class E 4,380 4,380 4,380 May, 2025 5.02 Total Term Note Securitizations $ 92,346 $ 151,233 $ 201,650 3.05 % (1)(2) (1) Represents the original weighted average initial coupon rate for all tranches of the securitization. In addition to this coupon interest, term note securitizations have other transaction costs which are amortized over the life of the borrowings as additional interest expense. ( 2 ) The weighted average coupon rate of the 2018-1 term note securitization will approximate 3.41 % over the term of the borrowing. Scheduled principal and interest payments on outstanding borrowings as of September 30, 2019 are as follows: Principal Interest (Dollars in thousands) Period Ending December 31, Remainder of 2019 $ 14,935 $ 761 2020 45,200 1,993 2021 23,629 813 2022 8,582 159 $ 92,346 $ 3,726

Fair Value Measurements and Dis

Fair Value Measurements and Disclosures about the Fair Value of Financial Instruments	9 Months Ended
	Sep. 30, 2019
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 13 – Fair Value Measurements and Disclosures about the Fair Value of Financial Instruments Fair Value Measurements The Fair Value Measurements and Disclosures Topic of the FASB ASC establishes a framework for measuring fair value and requires certain disclosures about fair value measurements. Its provisions do not apply to fair value measurements for purposes of lease classification and measurement, which is addressed in the Leases Topic of the FASB ASC. Fair value is defined in GAAP as the price that would be received to sell an asset or the price that would be paid to transfer a liability on the measurement date. GAA P focuses on the exit price in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants. A three-level valuation hierarchy is required for disclosure of fair value measurements based upon th e transparency of inputs to the valuation of an asset or liability as of the measurement date. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). The level in the fair value hierarchy within which the fair value measurement in its entirety falls is determined based on the lowest 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 assets 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 unobservab le and significant to the fair value measurement. Level 3 inputs shall be used to measure fair value only to the extent that observable inputs are not available. The Company 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 transaction volumes, and price quotations that vary substantially among market participants or are not based on current informatio n. The Company’s balances measured at fair value on a recurring basis include the following as of September 30, 2019 and December 31, 2018 : September 30, 2019 December 31, 2018 Fair Value Measurements Using Fair Value Measurements Using Level 1 Level 2 Level 3 Level 1 Level 2 Level 3 (Dollars in thousands) Assets ABS $ — $ 4,433 $ — $ — $ 4,915 $ — Municipal securities — 2,177 — — 2,612 — Mutual fund 3,612 — — 3,429 — — 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 that are not recorded on the consolidated balance sheet at fair value as of September 30, 2019 and December 31, 2018 : September 30, 2019 December 31, 2018 Carrying Fair Carrying Fair Amount Value Amount Value (Dollars in thousands) Financial Assets Cash and cash equivalents $ 132,461 $ 132,461 $ 97,156 $ 97,156 Time deposits with banks 14,919 14,973 9,659 9,614 Restricted interest-earning deposits with banks 7,576 7,576 14,045 14,045 Loans, net of allowance 585,735 593,238 518,697 515,754 Federal Reserve Bank Stock 1,711 1,711 1,711 1,711 Financial Liabilities Deposits $ 869,257 $ 856,899 $ 755,776 $ 722,682 Long-term borrowings 91,739 92,373 150,055 149,912 Servicing Liability 2,242 2,242 1,352 1,352 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, 2019 and December 31, 2018 , because they bear interest at market rates and had maturities of less than 90 days at the time of purchase. The cash equivalents include a money market fund with a balance of $ 31.9 million that the Company considers operating cash and has no reportable gross unrealized gains or losses. The fair value measurement of cash and cash equivalents is classified as Level 1. Time Deposits with Banks Fair value of time deposits is estimated by discounting cash flows of current rates paid by market participants for similar time deposits of the same or similar remaining maturities. This fair value measurement is classified as Level 2. Restricted Interest-Earning Deposits with Banks The C ompany maintains interest-earning trust accounts pledged as collateral for our secured debt facilities . The book value of such accounts is included in restricted interest-earning deposits with banks on the accompanying Consolidated Balance Sheet. These accounts earn a floating market rate of interest which results in a fair value approximating the carrying amount at September 30, 2019 and December 31, 2018 . This fair value mea surement is classified as Level 1. Loans The loan balances are comprised of three types of loans. Loans made as a member bank in a non-profit, multi-financial institution CDFI serve as a catalyst for community development by offering financing for affordable, quality housing to low- and moderate-income residents. Such loans help MBB satisfy its obligations under the Community Reinvestment Act of 1977. The fair value of these loans approximates the carrying amount at September 30, 2019 and December 31, 2018 as it is based on recent comparable sales transactions with consideration of current market rates. This fair value measurement is classified as Level 2. The Company also invests in a small business loan product tailored to the small business ma rket. Fair value for these loans is estimated by discounting cash flows at an imputed market rate for similar loan products with similar characteristics. This fair value measurement is classified as Level 2. The Company invests in loans to our customers in the franchise finance channel. These loans may be secured by equipment being acquired, blanket liens on personal property, or specific equipment already owned by the customer. The fair value of loans is estimated by discounting the future cash flows using the current rate at which similar loans would be made to borrowers with similar credit, collateral, and for the same remaining maturities. This fair value measurement is classified as Level 2. Federal Reserve Bank Stock Federal Reserve Bank Stock are non-marketable equitable equity securities and are reported at their redeemable carrying amounts, which approximates fair value. This fair value measurement is classified as Level 2. Deposits Deposit liabilities with no def ined 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 Com pany for similar certificates of deposit of the same or similar remaining maturities. This fair value measurement is classified as Level 2. Long-Term Borrowings The fair value of the Company’s secured borrowings is estimated by discounting cash flows at indicative market rates applicable to the Company’s secured borrowings of the same or similar maturities. This fair value measurement is classified as Level 2. Se rvicing Liability Servicing liabilities do not trade in an active market with readily observable pric e s. Accordingly, we determined fair value based on a discounted cash flow model which uses various inputs related to the estimated net servicing income, if any, and costs to service discounted back at a discount rate. There were no changes to the valuation techniques for the periods presented. Fair value measurements of our servicing liabilities use unobservable inputs, and accordingly we classify our servicing liability as Level 3 .

Earnings Per Share

Earnings Per Share	9 Months Ended
	Sep. 30, 2019
Earnings Per Share [Abstract]
Earnings Per Share	NOTE 14 – 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, earnings per share (“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 EPS, 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 aver age 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 o r converted. The following table provides net income and shares used in computing basic and diluted EPS: Three Months Ended September 30, Nine Months Ended September 30, 2019 2018 2019 2018 (Dollars in thousands, except per-share data) Basic EPS Net income $ 7,446 $ 5,906 $ 18,702 $ 18,558 Less: net income allocated to participating securities (89) (98) (237) (332) Net income allocated to common stock $ 7,357 $ 5,808 $ 18,465 $ 18,226 Weighted average common shares outstanding 12,203,086 12,423,769 12,290,906 12,426,240 Less: Unvested restricted stock awards considered participating securities (148,142) (208,856) (156,116) (225,175) Adjusted weighted average common shares used in computing basic EPS 12,054,944 12,214,913 12,134,790 12,201,065 Basic EPS $ 0.61 $ 0.48 $ 1.52 $ 1.49 Diluted EPS Net income allocated to common stock $ 7,357 $ 5,808 $ 18,465 $ 18,226 Adjusted weighted average common shares used in computing basic EPS 12,054,944 12,214,913 12,134,790 12,201,065 Add: Effect of dilutive stock-based compensation awards 113,018 81,813 94,186 68,013 Adjusted weighted average common shares used in computing diluted EPS 12,167,962 12,296,726 12,228,976 12,269,078 Diluted EPS $ 0.60 $ 0.47 $ 1.51 $ 1.49 For the three-month periods ended September 30, 2019 and September 30, 2018 , weighted average outstanding stock-based compen sation awards in the amount of 157,952 and 135,401 , 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, 2019 and September 30, 2018 , weighted average outstanding stock-based compen sation awards in the amount of 172,473 and 138,893 , respectively, were considered antidilutive and therefore were not considered in the computation of potential common shares for purposes of diluted EPS .

Stockholders' Equity

Stockholders' Equity	9 Months Ended
	Sep. 30, 2019
Stockholders' Equity [Abstract]
Stockholders' Equity	NOTE 15 – Stockholders’ Equity Stockholders’ Equity On May 30 , 201 7 , the Company’s Board of Directors approved a stock repurchase plan (the “201 7 Repurchase Plan”) under which the Company is authorized to repurchase up to $ 1 0 million in value of its outstanding shares of common stock. As described below, a t September 30, 2019 there was no balance remaining in the 2017 Repurchase Plan. On August 1, 2019, the Company’s Board of Directors approved a stock repurchase plan (the “2019 Repurchase Plan”) under which the Company is authorized to repurchase up to $10 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 purch ased under this plan are returned to the status of authorized but unissued shares of common stock. The repurchases ma y be made on the open market, in block trades or otherwise . The stock repurchase program does not obligate the Company to acquire any parti cular amount of common stock, and it may be suspended at any time at the Company's discretion . The repurchases are funded using the Company’s working capital. As of September 30, 2019 , the Company has no t yet purchased any shares under the 2019 Repurchase Plan. During the three-month period ended September 30, 2019 , the Company purchased 144,729 shares of its common stock in the open market under the 2017 Repurchase Plan at an average cost of $ 23.00 per share . During the nine -month period ended September 30, 2019 , the Company purchased 247,500 shares of its common stock under the 2017 Repurchase Plan at an average cost of $ 23.24 p er share. During the three-month period ended September 30, 2018 the Com pany purchased 30,242 shares of its common stock under the 2017 Repurchase Plan at an average cost of $ 28.56 p er share. During the nine -month period ended September 30, 2018 , the Company purchase d 47,967 shares of its common stock under the 2017 Repurchase Plan at an average cost of $ 28.43 per share . At September 30, 2019 , there was no balance remaining in the 2017 Repurchase Plan. In addition to the repurchases described above, pa rticipants in the Company’s 2014 Equity Compensation Plan (approved by the Company’s shareholders on June 3, 2014) (the “2014 Plan”) may have shares withheld to cover income taxes. There were 2,654 and 22,100 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 ended September 30, 2019 , at average per-share costs of $ 23.80 and $ 22.87 , respectively. There were 7,324 and 27,746 shares repurchased to cover income tax withholding in connection with shares granted under the 2014 Plan during the three- and nine -month periods ended September 30, 2018 , at average per-share costs of $ 27.74 and $ 26.53 , respectively. Regulatory Capital Requirements Through its issuance of FDIC-insured deposits, 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 average assets. Recognizing that the risk-based capital standards principally address credit risk rather than interest rate, liquidity, operationa l or other risks, many banking organizations are expected to maintain capital in excess of the minimum standards. The Company and MBB operate under the Basel III capital adequacy standards. These standards require a minimum for Tier 1 leverage ratio of 4% , minimum Tier 1 risk-based ratio of 6%, and a total risk-based capital ratio of 8%. The Basel III capital adequacy standards established a new common equity Tier 1 risk-based capital ratio with a required 4.5% minimum (6.5% to be considered well-capitali zed). The Company is required to have a level of regulatory capital in excess of the regulatory minimum and to have a capital buffer above 1.875 % for 2018, and 2.5 % for 2019 and thereafter. If a banking organization does not maintain capital above the mini mum 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” s tatus as defined by banking regulations and as required by an agreement entered into by and among MBB, MLC, Marlin Business Services Corp. and the FDIC in conjunction with the opening of MBB (the “FDIC Agreement”). MBB’s Tier 1 Capital balance at September 30, 2019 was $150.8 million, which met all capital requirements to which MBB is subject and qualified MBB for “well-capitalized” status. At September 30, 2019 , the Company 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, 2019 . 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. 15.28% $ 194,273 4% $ 50,849 5% $ 63,561 Marlin Business Bank 13.78% $ 150,760 5% $ 54,705 5% $ 54,705 Common Equity Tier 1 Risk-Based Capital Marlin Business Services Corp. 17.72% $ 194,273 4.5% $ 49,338 6.5% $ 71,266 Marlin Business Bank 15.69% $ 150,760 6.5% $ 67,277 6.5% $ 67,277 Tier 1 Risk-based Capital Marlin Business Services Corp. 17.72% $ 194,273 6% $ 65,784 8% $ 87,712 Marlin Business Bank 15.69% $ 150,760 8% $ 81,693 8% $ 81,693 Total Risk-based Capital Marlin Business Services Corp. 18.98% $ 208,046 8% $ 87,712 10% $ 109,641 Marlin Business Bank 16.94% $ 162,836 15% $ 144,164 10% (1) $ 100,915 __________________ (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 16.94% at September 30, 2019 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, 2019
Stock-Based Compensation [Abstract]
Stock-Based Compensation	NOTE 16 – Stock-Based Compensation Awards for Stock-Based Compensation are governed by the Company’s 2003 Equity Compensation Plan, as amended (the “2003 Plan”), the Company’s 2014 Equity Compensation Plan (approved by the Company’s shareholders on June 3, 2014) (the “2014 Plan”) and the Co mpany’s 2019 Equity Compensation Plan (approved by the Company’s shareholders on May 30, 2019) (the “2019 Plan” and, together with the 2014 Plan and the 2003 Plan, the “Equity Compensation Plans”). Under the terms of the Equity Compensation Plans, employ ees, certain consultants and advisors and non-employee members of the Company’s Board of Directors have the opportunity to receive incentive and nonqualified grants of stock options, stock appreciation rights, restricted stock and other equity-based awards (collectively referred to as “Grants”) 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 Equity Compensation Plans. The aggregate number of shares under the 2019 Plan that may be issued for Grants is 826,036 . There were 811,273 shares available for future awards under the 2019 Pl an as of September 30, 2019 . Total stock-based compensation expense was $ 0.9 million and $ 0.9 million for the three-month periods ended September 30, 2019 and September 30, 2018 , respectively . Total stock-based compensation expense was $ 2.8 million and $ 2.6 million for the nine -month periods ended September 30, 2019 and September 30, 2018 , respectively. Excess tax benefits from stock-based payment arrangements was $ 0.1 million and $ 0. 3 million for the nine -month period s ended September 30, 2019 and September 30, 2018 , respectively. Stock Options Option awards are generally granted with an exercise price equal to the market price of the Company’s stock at the date of the grant and have seven 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 three to four years. The Company may also iss ue stock options to non-employee independent directors. These options generally vest in one year. There were no stock options granted during the three-month and nine -month periods ended September 30, 2019 , respectively. There were no stock options and 68,689 stock options granted during the three-month and nine -month periods ended September 30, 2018 , respectively. The fair value of stock options granted during the nine -month period ended September 30, 2018 was $ 7.21 . The fair value was estimated on the date of grant using the Black-Scholes option pricing model using the following weighted average assumptions: Nine Months Ended September 30, 2018 Risk-free interest rate 2.64% Expected life (years) 4.50 Expected volatility 32.32% Expected dividends 1.98% The expected life for options is estimated based on their vesting and contractual terms and was determined by applying the simplified method as defined by the SEC’s Staff Accounting Bulletin No. 107 (“SAB 107”). The risk-free interest rate reflected the yield on zero-coupon Treasury securities with a term approximating the expected life of the stock options. The expected volatility was determined using historical volatilities based on historical stock prices. A summary of option activity for the nine-month period ended September 30, 2019 follows: Weighted Average Number of Exercise Price Options Shares Per Share Outstanding, December 31, 2018 146,431 $ 26.77 Granted — — Exercised — — Forfeited (578) 25.75 Expired (3,479) 25.75 Outstanding, September 30, 2019 142,374 26.80 The Company recognized $ 0.1 million and $ 0.3 million of compensation expense related to options d uring the three and nine -month period s ended September 30, 2019 . The Company recognize d $ 0.1 million and $ 0.2 million of compensation expense related to options during the three and nine -month period s ended September 30, 2018 . There were no stock options exercise d during the three-month period ended September 30, 2019 . The re were no stock options exercised during the three-mo nth period ended September 30, 2018 . The total pretax intrinsic values of stock options exercised w as $ 0.1 million for the nine -month pe riod ended September 30, 2018 . The following table summarizes information about the stock options outstanding and exercisable as of September 30, 2019 : 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) $ 25.75 82,353 4.5 $ 25.75 $ — 54,861 4.5 $ 25.75 — $ 28.25 60,021 5.5 $ 28.25 $ — 20,001 5.5 $ 28.25 $ — 142,374 4.9 $ 26.80 $ — 74,862 4.8 $ 26.42 $ — The aggregate intrinsic value in the preceding table represents the total pretax intrinsic value, based on the Company’s closing stock price of $25.19 as of September 30, 2019 , which would have been received by the option holders had all option holders exercised their options as of that date. As of September 30, 2019 , the re was $ 0.3 million of unrecognized compensation cost related to non-vested stock options not yet recognized in the Consolidated Statements of Operations scheduled to be recogniz ed over a weighted average period of 1.0 year . Restricted Stock Awards The Company’s r estricted 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 seven years. All awards issued contain service conditions based on the participant’s continued service with the Company and may provide for accelerated vesting if there is a change in control as defined in the Equity Compensation Plans. The vesting of certain restricted shares may be accelerated to a minimum of three years based on achievement of various individual performance measures. Acceleration of expense for awards based on individual performance factors occurs when the a chievement of the performance criteria is determined. Of the total restricted stock awards granted during the nine -month period ended September 30, 2019 , no shares may be subject to accelerated vesting based on individual performance fa ctors; no shares have vesting contingent upon performance factors. Vesting was accelerated in 2019 and 2018 on certain awards based on the achievement of certain performance criteria determined annually, as described below. The Compa ny also issues restricted stock to non-employee independent directors. These shares generally vest in seven years from the grant date or six months following the director’s termination from Board of Directors servic e. The following table summarizes the activity of the non-vested restricted stock during the nine - month period ended September 30, 2019 : Weighted Average Grant-Date Non-vested restricted stock Shares Fair Value Outstanding at December 31, 2018 186,603 $ 19.91 Granted 18,674 23.19 Vested (55,006) 15.82 Forfeited (2,944) 21.97 Outstanding at September 30, 2019 147,327 21.81 During th e three-month periods ended September 30, 2019 and September 30, 2018 , the Company granted restricted stock awards with grant-date fair values totaling $ 0.4 million and $ 0.1 million, respectively . During the nine -month periods ended September 30, 2019 and September 30, 2018 , the Company granted restricted stock awards with grant-date fair values totaling $ 0.4 million and $ 0.5 million, respectively. As vesting occurs, or is deemed likely to oc cur, compensation expense is recognized over the requisite service period and additional paid-in capital is increased. The Company recognized $ 0.2 million and $ 0.3 million of compensation expense related to restricted stock f or the three-month periods ended September 30, 2019 and September 30, 2018 , respectively . The Company recognized $ 0.7 million and $ 1.1 million of compensation expense related to restricted stock for the nine -month periods ended September 30, 2019 and September 30, 2018 , respectively. Of the $ 0.7 million total compensation expense related to restricted stock for the nine -month period ended September 30, 2019 , approximately $ 0.1 million related to accelerated vesting during the first quarter of 2019 , based on achievement of certain performance criteria determined annually. Of the $ 1.1 million total compensation expense related to restricted stock for the nine -month period ended September 30, 2018 , approximately $ 0.3 million related to accelerated vesting during the first quarter of 2018 , which was also based on the achievement of certain performance criteria determined annually. As of September 30, 2019 , there was $ 1.6 million of unrecognized compensation cost related to non-vested restricted stock compensation scheduled to be recognized over a weighted average period of 4.4 years. As of September 30, 2019 , there were no restr icted stock awards outstanding for which vesting may be accelerated based on achievement of individual performance measures. The fair value of shares that vested during the three-month periods ended September 30, 2019 and September 30, 2018 was $ 0.2 million and $ 0.7 million, respectively. The fair value of shares that vested during the nine -month periods ended September 30, 2019 and September 30, 2018 was $ 1.3 million and $ 2.5 million, respectiv ely. Restricted Stock Units Restricted stock units (“RSUs”) are granted with vesting conditions based on fulfillment of a service condition (generally three to four years from the grant date), and may also require achievement of certain operating performance criteria , achievement of certain market-based targets associated with the Company’s stock price or relative total shareholder return, or a combination of both performance criteria and market-ba sed targets. Expense for equity based awards with market and performance conditions is recognized over the performance period based on the grant-date fair value of the award for those awards which are expected to be earned. In the second quarter of 2018, the Company modified the terms of the portion of certain outstanding 2017 performance based RSUs that are based on actual versus targeted operating performance criteria over the performance period. The modification eliminated the tax benefit that arose fro m the Tax Cuts and Jobs Act enacted in December of 2017. This modification did not result in any incremental compensation costs. The following tables summarize restricted stock unit activity for the nine-month period ended September 30, 2019: Weighted Average Number of Grant-Date Performance-based & market-based RSUs RSUs Fair Value Outstanding at December 31, 2018 191,921 $ 17.43 Granted 95,408 18.37 Forfeited (233) 25.75 Converted (8,000) 9.47 Cancelled due to non-achievement of market condition (4,000) 9.47 Outstanding at September 30, 2019 275,096 18.10 Service-based RSUs Outstanding at December 31, 2018 61,256 $ 27.61 Granted 74,620 21.50 Forfeited (4,311) 23.84 Converted (22,509) 27.47 Outstanding at September 30, 2019 109,056 23.61 The weighted average grant-date fair value of RSUs with both performance and market - based vesting condition s granted during the nine -month period ended September 30, 2019 was $ 12.91 per unit. The weighted average grant date fair value of these performance and market - based RSUs was estimated using a Monte Carlo simulation valuation model with the following assu mptions: Nine Months Ended September 30, 2019 2018 Grant date stock price $ 21.50 — Risk-free interest rate 2.16 % — Expected volatility 26.68 % — Dividend yield — — There were no RSUs with vesting conditions based solely on market conditions granted during the nine -month periods ended September 30, 2019 and September 30, 2018 , respectively. 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. Dividend yield was assumed at zero as t he grant assumes dividends distributed during the performance period are reinvested. When valuing the grant, we have assumed a dividend yield of zero, which is mathematically equivalent to reinvesting dividends in the issuing entity. There were no RSUs gr anted during the three-month period s ended September 30, 2019 and September 30, 2018 , respectively. During the nine -month periods ended September 30, 2019 and September 30, 2018 , the Company granted RSUs with grant-date fair values totaling $ 3.4 million and $ 2.4 million , respectively. The Company recognized $ 0. 6 million and $ 0 . 6 million of compensation e xpense related to RSUs for the three-month periods ended September 30, 2019 and September 30, 2018 , respectively. The Company recognized $ 1. 7 million and $ 1 . 3 million of compensation e xpense related to RSUs for the nine -month periods ended September 30, 2019 and September 30, 2018 , respectively. As of September 30, 2019 , there was $ 3 . 9 million of unrecognized compensation cost related to RSUs scheduled to be recognized over a weighted a verage period of 1. 6 years based on the most probable performance assumptions . In the event maximum performance targets are achieved, an additional $ 3.7 million of compensation cost would be recognized over a weighted average period of 1.6 years . As of September 30, 2019 , 181,926 performance units are expected to convert to shares of common stock based on the most probable performance assumptions. In the event maximum performance targets are achieved, 449,641 performance units would convert to shares of common stock.

Subsequent Events

Subsequent Events	9 Months Ended
	Sep. 30, 2019
Subsequent Events [Abstract]
Events Subsequent to Year-End	NOTE 17 – Subsequent Events The Company declared a dividend of $0.14 per share on October 31, 2019 . The quarterly dividend, which is expected to result in a dividend payment of approximately $1.7 million, is scheduled to be paid on November 21, 2019 to shareholders of record on the close of business on November 11, 2019 . It r epresents the Company’s thirty-third consecutive quarterly cash dividend. The payment of future dividends will be subject to approval by the Company’s Board of Directors

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2019
Summary of Significant Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	Basis of financial statement presentation. The unaudited 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 simil ar economic characteristics, share the same leasing and loan portfolio and have one product offering. All intercompany accounts and transactions have been eliminated in consolidation. The accompanying unaudited consolidated financial statements present th e Company’s financial position at September 30, 2019 and the results of operations for the three- and nine- month periods ended September 30, 2019 and 2018 , and cash flows for the nine -month periods ended September 30, 2019 and 2018 . In Managemen t’s opinion, the unaudited consolidated financial statements contain all adjustments, which include normal and recurring adjustments, necessary for a fair presentation of the financial position and results of operations for the interim periods presented. These unaudited consolidated financial statements should be read in conjunction with the consolidated financial statements and note disclosures included in the Company’s Form 10-K for the year ended December 31, 2018, filed with the Securities and Exchange Commission (“SEC”) on March 8, 2019 . The consolidated results of operations for the three- and nine- month periods ended September 30, 2019 and 2018 and the consolidated statements of cash flows for the nine -month periods ended September 30, 2019 and 2018 are not necessarily indicative of the results of operations or cash flows for the respective full years or any other period.
Accounting Standards Update 2018-13 [Member]
Recent Accounting Pronouncements, Policy [Policy Text Block]	Fair Value. In August 2018, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2018-13, Fair Value Measurement (Topic 820): Disclosure Framework - Changes to the Disclosure Requirements for Fair Value Measurement which modifies the disclosures on fair value measurements by removing the requirement to disclose the amount and reasons for transfers between Level 1 and Level 2 of the fair value hierarchy, the policy for timing of such transfers and the valuation process for Level 3 fair value measurements. The ASU expands the disclosure requirements for Level 3 fair value measurements, primarily focused on changes in unrealized gains and losses included in other comprehensive inco me. The ASU is effective for fiscal years beginning after December 15, 2019, with early adoption permitted. The adoption of this new requirement is not expected to have a material impact on the consolidated earnings, financial position or cash flows of the C ompany
Accounting Standards Update 2018-15 [Member]
Recent Accounting Pronouncements, Policy [Policy Text Block]	Intangibles - Goodwill . In August 2018, the FASB issued ASU 2018-15, Intangibles – Goodwill and Other – Internal-Use Software (Subtopic 350-40): Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract to clarify the accounting treatment for implementation costs for cloud computing arrangements . The ASU is effective for fiscal years beginning after December 15, 2019, with early adoption permitted. The adoption of this new requirement is not expected to have a material impact on the consolidated earnings, financial position or cash flows of the C ompany
Accounting Standards Update 2016-13 [Member]
Recent Accounting Pronouncements, Policy [Policy Text Block]	Credit Losses. In June 2016, the FASB issued ASU 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments , which changes the methodology for evaluating impairment of most financial instruments. The ASU replaces the currently used incurred loss model with a forward-looking current expected loss model which will generally result in more timely recognition of losses. In April 2019, the FASB issued ASU 2019-04, Codification Improvements , which provides guidance on accounting for credit losses on accrued interest receivable balances and guidance on including recoveries when estimating the a llowance. In May 2019, the FASB issued ASU 2019-05, Targeted Transition Relief, which allows entities with an option to elect fair value for certain instruments upon adoption of Topic 326. The Company will adopt the ASU effective January 1, 2020, and will apply any changes resulting from the application of the new standard’s provisions as a cumulative-effect adjustment to retained earnings as of the beginning of the first reporting period in which the guidance is effective (i.e., modified retrospective approach). We are currently working with a third-party vendor on model development and validation and are working through other implementation steps including updating our allowance governance processes and related internal controls. Our cross-functional implementation team meets on a regular basis to oversee activities and monitor progress. The Company expects that the new guidance will result in an increase in its allowance for credit losses because the allowance will be required to cover credit losses over the full remaining expected life of its portfolio of leases and loans, rather than the incurred loss model under current U.S. GAAP. H owever, our methodologies are in the process of being finalized so the magnitude of the adjustment and the overall impact of the new standard on the Company’s financial condition or results of operations cannot yet be determined .
Accounting Standards Update 2016-02 [Member]
Recent Accounting Pronouncements, Policy [Policy Text Block]	Leases. In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) to increase transparency and comparability among organizations recognizing lease assets and lease liabilities on the balance sheet. The ASU required lessees to recognize a right-of-use (ROU) asset for its right to use the underlying asset and a lease liability for the corresponding lease obligation for leases with terms of more than twelve months. Accounting by lessors remain ed largely unchanged from current U.S. GAAP. The ASU also require d expanded quantitative and qualitative disclosures for both lessees and lessors. In July 2018, the FASB issued ASU 2018-11, Leases (Topic 842): Targeted Improvements, which provided entities with an additional (and o ptional) transition method in which the entity applies the new leases standard at the adoption date and recognizes a cumulative-effect adjustment to the opening balance of retained earnings in the period of adoption. The Company applied the new transition method upon adoption . In December 2018, t he FASB issued ASU 2018-20, Leases (Topic 842): Narrow Scope Improvements for Lessors , which clarif ied the treatment of sales taxes and other taxes collected from lessees, lessor costs paid directly by lessees, and recognition of variable payments for contracts with lease and non-lease components. In March 2019, the FASB issued ASU 2019-01, Leases (Topic 842): Codification Improvements , which aligned the new lease guidance with the existing guidance for fair value of the underlying asset by lessors that are not manufacturers or dealers. It also clarified an exemption for lessors and lessees from a certain interim disclosure requirement associated with adopting the board’s new lease accounting standard. The Company adopted the guidance in these ASUs on January 1, 2019. As a result , the Company recorded right-of-use assets of $ 9 . 1 million and lease liabilities of $ 9.1 million. At January 1, 2019, there was no adjustment to opening retained earnings. The Company, as a l essor, is record ing property tax income and expense associated with leasing on a gross basis in the Consolidated Statements of Operations. The property tax income and expense are recorded in the same period as earned and incurred, and the Company recog nizes a provision for uncollectible property tax revenue as contra-revenue when a loss is probable and collectability is not reasonably assured. In addition, ASU 2016-02 limits the types of direct lease origination costs that are able to be deferred, whic h will reduce prospective deferred lease origination costs on a unit basis.

Non-Interest Income (Tables)

Non-Interest Income (Tables)	9 Months Ended
	Sep. 30, 2019
Noninterest Income [Abstract]
Schedule of non-interest [Table Text Block]	Three Months Ended Nine Months Ended September 30, September 30, (Dollars in thousands) 2019 2018 2019 2018 Insurance premiums written and earned $ 2,230 $ 2,047 $ 6,538 $ 5,979 Gain on sale of leases and loans 6,456 2,243 13,400 4,859 Servicing income 395 (769) 1,021 404 Property tax income (42) — 5,680 — Net gains (losses) recognized during the period on equity securities 27 (27) 121 (108) Non-interest income within the scope of other GAAP topics 9,066 3,494 26,760 11,134 Property tax administrative fees on leases 272 176 801 557 ACH payment fees 78 84 238 253 Insurance policy fees 688 513 2,021 1,538 Referral fees 129 118 448 611 Other 129 63 243 216 Non-interest income from contracts with customers 1,296 954 3,751 3,175 Total non-interest income $ 10,362 $ 4,448 $ 30,511 $ 14,309

Investment Securties (Tables)

Investment Securties (Tables)	9 Months Ended
	Sep. 30, 2019
Investment securities [Abstract]
Investment Securities Summary [Table Text Block]	September 30, 2019 Gross Gross Amortized Unrealized Unrealized Estimated Cost Gains Losses Fair Value (Dollars in thousands) Debt Securities, Available for Sale: Asset-backed securities ("ABS") $ 4,409 $ 42 $ (18) $ 4,433 Municipal securities 2,058 119 — 2,177 Equity Securities Mutual fund 3,693 — (81) 3,612 Total investment securities $ 10,160 $ 161 $ (99) $ 10,222 December 31, 2018 Gross Gross Amortized Unrealized Unrealized Estimated Cost Gains Losses Fair Value (Dollars in thousands) Debt Securities, Available for Sale: ABS $ 4,934 $ 20 $ (39) $ 4,915 Municipal securities 2,629 3 (20) 2,612 Equity Securities Mutual fund 3,631 — (202) 3,429 Total investment securities $ 11,194 $ 23 $ (261) $ 10,956
Equity Securities, FV-NI [Table Text Block]	Three Months Ended September 30, Nine Months Ended September 30, (Dollars in thousands) 2019 2018 2019 2018 Net gains (losses) recognized during the period on equity securities $ 27 $ (27) $ 121 $ (108) Less: Net gains (losses) recognized during the period on equity securities sold during the period — — — — Unrealized gains (losses) recognized during the reporting period on equity securities still held at the reporting date $ 27 $ (27) $ 121 $ (108)
Schedule of Unrealized Loss on Investments [Table Text Block]	September 30, 2019 Less than 12 months 12 months or longer Total Gross Gross Gross Unrealized Fair Unrealized Fair Unrealized Fair Losses Value Losses Value Losses Value (Dollars in thousands) Debt Securities, Available for Sale: ABS $ — $ — $ (18) $ 1,283 $ (18) $ 1,283 Equity Securities Mutual fund — — (81) 3,612 (81) 3,612 Total investment securities $ — $ — $ (99) $ 4,895 $ (99) $ 4,895 December 31, 2018 Less than 12 months 12 months or longer Total Gross Gross Gross Unrealized Fair Unrealized Fair Unrealized Fair Losses Value Losses Value Losses Value (Dollars in thousands) Debt Securities, Available for Sale: ABS $ — $ — $ (39) $ 3,340 $ (39) $ 3,340 Municipal securities (16) 1,436 (4) 408 (20) 1,844 Equity Securities Mutual fund — — (202) 3,429 (202) 3,429 Total investment securities $ (16) $ 1,436 $ (245) $ 7,177 $ (261) $ 8,613
Investments Classified By Contractual Maturity Date [Table Text Block]	September 30, 2019 1 Year 1-5 5-10 After 10 or Less Years Years Years Total (Dollars in thousands) Amortized Cost: Debt Securities, Available for Sale: ABS $ — $ 2,618 $ 1,799 $ — $ 4,417 Municipal securities — 422 1,636 — 2,058 Total debt securities available for sale $ — $ 3,040 $ 3,435 $ — $ 6,475 Estimated fair value $ — $ 3,080 $ 3,537 $ — $ 6,617 Weighted-average yield, GAAP basis — 2.31% 2.85% — 2.60%

Net Investment in Leases and _2

Net Investment in Leases and Loans (Tables)	9 Months Ended
	Sep. 30, 2019
Net Investment in Leases and Loans [Abstract]
Components of Net Investment in Leases and Loans [Table Text Block]	September 30, 2019 December 31, 2018 (Dollars in thousands) Minimum lease payments receivable $ 492,793 $ 530,867 Estimated residual value of equipment 29,122 27,646 Unearned lease income, net of initial direct costs and fees deferred (64,726) (68,376) Security deposits (661) (838) Total leases 456,528 489,299 Commercial loans, net of origination costs and fees deferred Working Capital Loans 55,794 36,856 CRA (1) 1,454 1,466 Equipment loans (2) 463,519 423,168 CVG 76,414 66,051 Total commercial loans 597,181 527,541 Allowance for credit losses (19,211) (16,100) $ 1,034,498 $ 1,000,740
Schedule of Future Minimum Lease Payments Receivable and Amortization of Unearned Lease Income [Table Text Block]	Minimum Lease Payments Net Income Receivable (1) Amortization (2) (Dollars in thousands) Period Ending December 31, Remainder of 2019 $ 55,633 $ 9,916 2020 182,135 28,154 2021 125,925 15,651 2022 76,516 7,490 2023 39,218 2,792 Thereafter 13,366 723 $ 492,793 $ 64,726 ________________________ Represents the undiscounted cash flows of the lease payments receivable. Represents the difference between the undiscounted cash flows and the discounted cash flows. The lease income recognized wa s as follows :
Sales-type Lease, Lease Income [Table Text Block]	Three Months Ended Nine Months Ended September 30, September 30, 2019 2018 2019 2018 (Dollars in thousands) Selling Profit (1) $ — $ — $ — $ — Interest Income $ 10,384 $ 11,992 $ 32,075 $ 37,470 ________________________ The Company does not derive income from the sale of the equipment.

Allowance for Credit Losses (Ta

Allowance for Credit Losses (Tables)	9 Months Ended
	Sep. 30, 2019
Allowance For Credit Losses [Abstract]
Allowance for Credit Losses on Finance Receivables [Table Text Block]	Three Months Ended September 30, 2019 Commercial Leases and Loans (Dollars in thousands) Working Capital Loans CRA Equipment Finance (2) CVG Total Allowance for credit losses, beginning of period $ 1,940 $ - $ 13,416 $ 1,421 $ 16,777 Charge-offs (417) - (5,023) (526) (5,966) Recoveries 227 - 457 54 738 Net charge-offs (190) - (4,566) (472) (5,228) Provision for credit losses 346 - 6,799 517 7,662 Allowance for credit losses, end of period $ 2,096 $ - $ 15,649 $ 1,466 $ 19,211 Ending balance: individually evaluated for impairment (3) $ - $ - $ 937 $ - $ 937 Ending balance: collectively evaluated for impairment $ 2,096 $ - $ 14,712 $ 1,466 $ 18,274 Ending lease or loan balance (1) $ 55,122 $ 1,454 $ 892,011 $ 84,281 $ 1,032,868 Ending balance: individually evaluated for impairment (3) $ - $ - $ 1,891 $ - $ 1,891 Ending balance: collectively evaluated for impairment $ 55,122 $ 1,454 $ 890,120 $ 84,281 $ 1,030,977 Three Months Ended September 30, 2018 Commercial Leases and Loans (Dollars in thousands) Working Capital Loans CRA Equipment Finance (2) CVG Total Allowance for credit losses, beginning of period $ 1,334 $ - $ 13,012 $ 1,224 $ 15,570 Charge-offs (361) - (4,502) (202) (5,065) Recoveries 9 - 491 19 519 Net charge-offs (352) - (4,011) (183) (4,546) Provision for credit losses 437 - 4,230 226 4,893 Allowance for credit losses, end of period $ 1,419 $ - $ 13,231 $ 1,267 $ 15,917 Ending lease or loan balance (1,4) $ 33,631 $ 1,437 $ 872,027 $ 59,564 $ 966,659 Nine Months Ended September 30, 2019 Commercial Leases and Loans (Dollars in thousands) Working Capital Loans CRA Equipment Finance (2) CVG Total Allowance for credit losses, beginning of period $ 1,467 $ - $ 13,531 $ 1,102 $ 16,100 Charge-offs (1,692) - (13,863) (1,200) (16,755) Recoveries 298 - 1,671 116 2,085 Net charge-offs (1,394) - (12,192) (1,084) (14,670) Provision for credit losses 2,023 - 14,310 1,448 17,781 Allowance for credit losses, end of period $ 2,096 $ - $ 15,649 $ 1,466 $ 19,211 Ending balance: individually evaluated for impairment (3) $ - $ - $ 937 $ - $ 937 Ending balance: collectively evaluated for impairment $ 2,096 $ - $ 14,712 $ 1,466 $ 18,274 Ending lease or loan balance (1) $ 55,122 $ 1,454 $ 892,011 $ 84,281 $ 1,032,868 Ending balance: individually evaluated for impairment (3) $ - $ - $ 1,891 $ - $ 1,891 Ending balance: collectively evaluated for impairment $ 55,122 $ 1,454 $ 890,120 $ 84,281 $ 1,030,977 Nine Months Ended September 30, 2018 Commercial Leases and Loans (Dollars in thousands) Working Capital Loans CRA Equipment Finance (2) CVG Total Allowance for credit losses, beginning of period $ 1,036 $ - $ 12,663 $ 1,152 $ 14,851 Charge-offs (1,090) - (12,721) (601) (14,412) Recoveries 59 - 1,599 59 1,717 Net charge-offs (1,031) - (11,122) (542) (12,695) Provision for credit losses 1,414 - 11,690 657 13,761 Allowance for credit losses, end of period $ 1,419 $ - $ 13,231 $ 1,267 $ 15,917 Ending lease or loan balance (1,4) $ 33,631 $ 1,437 $ 872,027 $ 59,564 $ 966,659 Year ended December 31, 2018 Commercial Leases and Loans (Dollars in thousands) Working Capital Loans CRA Equipment Finance (2) CVG Total Allowance for credit losses, beginning of period $ 1,036 $ - $ 12,663 $ 1,152 $ 14,851 Charge-offs (1,537) - (18,149) (907) (20,593) Recoveries 60 - 2,199 61 2,320 Net charge-offs (1,477) - (15,950) (846) (18,273) Provision for credit losses 1,908 - 16,818 796 19,522 Allowance for credit losses, end of period $ 1,467 $ - $ 13,531 $ 1,102 $ 16,100 Ending lease or loan balance (1,4) $ 36,478 $ 1,466 $ 890,785 $ 67,654 $ 996,383 (1) 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. (2) Equipment Finance consists of Equipment Finance Agreements, Installment Pu rchase Agreements, and other leases and loans. (3) Our policy for estimating the allowance for credit losses includes analyzing specifically identified loans or leases separately from the pool, whenever such contracts are not expected to perform consisten t with the credit characteristics or the portfolio segment as a whole. In such cases, these loans or leases are analyzed for impairment under a separate quantitative analysis and a specific reserve established. In the three months ended September 30, 201 9, loans were individually evaluated for impairment related to fraudulent activities within a specific equipment dealer’s portfolio . (4) For the three and nine months ended September 30, 2018 and the year ended December 31, 2018 , all leases and loans were collectively evaluated.
Financing Receivable Credit Quality Indicators [Table Text Block]	September 30, 2019 Commercial Leases and Loans (Dollars in thousands) Working Capital Loans CRA Equipment Finance CVG Total Pass $ 53,799 $ 1,454 $ 879,589 $ 82,831 $ 1,017,673 Special Mention 180 - 3,714 105 3,999 Substandard 403 - 3,803 572 4,778 Doubtful 713 - 3,142 311 4,166 Loss 27 - 1,763 462 2,252 Total $ 55,122 $ 1,454 $ 892,011 $ 84,281 $ 1,032,868 December 31, 2018 Commercial Leases and Loans (Dollars in thousands) Working Capital Loans CRA Equipment Finance CVG Total Pass $ 35,793 $ 1,466 $ 879,275 $ 66,463 $ 982,997 Special Mention 47 - 4,373 146 4,566 Substandard 145 - 3,460 660 4,265 Doubtful 300 - 2,353 158 2,811 Loss 193 - 1,324 227 1,744 Total $ 36,478 $ 1,466 $ 890,785 $ 67,654 $ 996,383
Past Due Financing Receivables [Table Text Block]	30-59 60-89 >90 Days Days Days Total Total September 30, 2019 Past Past Past Past Finance Non- (Dollars in thousands) Due Due Due Due Current Receivables Accruing Working Capital Loans $ 713 $ - $ 27 $ 740 $ 54,382 $ 55,122 $ 740 CRA - - - - 1,454 1,454 - Equipment Finance (1) 4,247 3,680 5,000 12,927 1,002,425 1,015,352 6,636 CVG 173 503 573 1,249 96,836 98,085 573 Total Leases and Loans (2) $ 5,133 $ 4,183 $ 5,600 $ 14,916 $ 1,155,097 $ 1,170,013 $ 7,949 30-59 60-89 >90 Days Days Days Total Total December 31, 2018 Past Past Past Past Finance Non- (Dollars in thousands) Due Due Due Due Current Receivables Accruing Working Capital Loans $ 300 $ 51 $ 141 $ 492 $ 35,986 $ 36,478 $ 492 CRA - - - - 1,466 1,466 - Equipment Finance (1) 4,537 3,123 3,529 11,189 1,001,363 1,012,552 3,529 CVG 166 257 191 614 78,407 79,021 191 Total Leases and Loans (2) $ 5,003 $ 3,431 $ 3,861 $ 12,295 $ 1,117,222 $ 1,129,517 $ 4,212 (1 ) Equipment Finance consists of Equipment Finance Agreements, Installment Purchase Agreements, and other leases and loans. (2) Represents total minimum lease and loan payments receivable for Equ ipment Finance and CVG and as a percentage of principal outstanding for Working Capital Loans and CRA.

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	9 Months Ended
	Sep. 30, 2019
Goodwill and Intangible Assets [Abstract]
Schedule Of Goodwill [Table Text Block]	(Dollars in thousands) Total Company Balance at December 31, 2018 $ 7,360 Changes (625) Balance at September 30, 2019 $ 6,735
Schedule of Finite Lived Intangible Assets [Table Text Block]	(Dollars in thousands) Accumulated Net Description Useful Life Cost Amortization Value Lender relationships 3 to 10 years $ 1,630 $ 457 $ 1,173 Vendor relationships 11 years 7,290 809 6,481 Corporate trade name 7 years 60 24 36 $ 8,980 $ 1,290 $ 7,690
Schedule of finite lived intangible assets future amortization [Table Text Block]	The Company expects the amortization expense for the next five years will be as follows: (Dollars in thousands) Remainder of 2019 $ 230 2020 798 2021 798 2022 798 2023 798

Other Assets (Tables)

Other Assets (Tables)	9 Months Ended
	Sep. 30, 2019
Prepaid Expense and Other Assets [Abstract]
Schedule of Other Assets [Table Text Block]	September 30, December 31, 2019 2018 (Dollars in thousands) Accrued fees receivable $ 3,317 $ 3,354 Prepaid expenses 2,568 2,447 Income taxes receivable 1,223 — Federal Reserve Bank Stock 1,711 1,711 Other 3,270 2,144 $ 12,089 $ 9,656

Leases (Tables)

Leases (Tables)	9 Months Ended
	Sep. 30, 2019
Leases [Abstract]
Components of lease expense	The components of lease expense were as follows: Three Months Ended Nine Months Ended September 30, September 30, (Dollars in Thousands) 2019 2018 2019 2018 Operating lease cost $ 322 $ 283 $ 878 $ 842 Finance lease costs — 2 — 6 Short-term lease cost 207 — 323 — Total lease cost $ 529 $ 285 $ 1,201 $ 848
Supplemental information related to leases	Supplemental information related to leases was as follows: Nine Months Ended (Dollars in thousands) September 30, 2019 Supplemental balance sheet information Operating lease right-of-use assets $ 9,071 Operating lease liabilities 9,745 Weighted average remaining lease term 11.3 Years Weighted average discount rate 3.30 % Supplemental cash flow information Operating cash flows for operating leases $ 303 Right-of-use assets obtained in exchange for lease obligations 9,071
Maturities of lease liabilities	Maturities of lease liabilities were as follows: Operating Leases Period Ending December 31, (Dollars in thousands) Remainder of 2019 $ 128 2020 1,281 2021 1,073 2022 984 2023 906 Thereafter 7,445 Total lease payments $ 11,817 Less: imputed interest (2,072) Total $ 9,745

Deposits (Tables)

Deposits (Tables)	9 Months Ended
	Sep. 30, 2019
Contractual Maturities of Time Deposits [Abstract]
Contractual Maturities Of Time Deposits [Table Text Block]	Scheduled Maturities (Dollars in thousands) Period Ending December 31, Remainder of 2019 $ 122,872 2020 331,407 2021 208,367 2022 108,362 2023 47,741 Thereafter 31,016 Total $ 849,765

Debt and Financing Arrangemen_2

Debt and Financing Arrangements (Tables)	9 Months Ended
	Sep. 30, 2019
Debt and Financing Arrangements [Abstract]
Schedule of Long-term Debt Instruments [Table Text Block]	September 30, December 31, 2019 2018 (Dollars in thousands) Term securitization 2018-1 $ 92,346 $ 151,233 Unamortized debt issuance costs (607) (1,178) $ 91,739 $ 150,055
Schedule of term note securitization {Table text block]	The July 27, 2018 term note securitization is summarized below: Notes Final Original Outstanding Balance as of Originally Maturity Coupon September 30, 2019 December 31, 2018 Issued Date Rate (Dollars in thousands) 2018 — 1 Class A-1 $ — $ 26,983 $ 77,400 July, 2019 2.55 % Class A-2 23,796 55,700 55,700 October, 2020 3.05 Class A-3 36,910 36,910 36,910 April, 2023 3.36 Class B 10,400 10,400 10,400 May, 2023 3.54 Class C 11,390 11,390 11,390 June, 2023 3.70 Class D 5,470 5,470 5,470 July, 2023 3.99 Class E 4,380 4,380 4,380 May, 2025 5.02 Total Term Note Securitizations $ 92,346 $ 151,233 $ 201,650 3.05 % (1)(2) (1) Represents the original weighted average initial coupon rate for all tranches of the securitization. In addition to this coupon interest, term note securitizations have other transaction costs which are amortized over the life of the borrowings as additional interest expense. ( 2 ) The weighted average coupon rate of the 2018-1 term note securitization will approximate 3.41 % over the term of the borrowing.
Schedule of Maturities of Long-term Debt [Table Text Block]	Scheduled principal and interest payments on outstanding borrowings as of September 30, 2019 are as follows: Principal Interest (Dollars in thousands) Period Ending December 31, Remainder of 2019 $ 14,935 $ 761 2020 45,200 1,993 2021 23,629 813 2022 8,582 159 $ 92,346 $ 3,726

Fair Value Measurements and D_2

Fair Value Measurements and Disclosures about the Fair Value of Financial Instruments (Tables)	9 Months Ended
	Sep. 30, 2019
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, 2019 December 31, 2018 Fair Value Measurements Using Fair Value Measurements Using Level 1 Level 2 Level 3 Level 1 Level 2 Level 3 (Dollars in thousands) Assets ABS $ — $ 4,433 $ — $ — $ 4,915 $ — Municipal securities — 2,177 — — 2,612 — Mutual fund 3,612 — — 3,429 — —
Schedule of Carrying Amount and Estimated Fair Value of Financial Instruments [Table Text Block]	September 30, 2019 December 31, 2018 Carrying Fair Carrying Fair Amount Value Amount Value (Dollars in thousands) Financial Assets Cash and cash equivalents $ 132,461 $ 132,461 $ 97,156 $ 97,156 Time deposits with banks 14,919 14,973 9,659 9,614 Restricted interest-earning deposits with banks 7,576 7,576 14,045 14,045 Loans, net of allowance 585,735 593,238 518,697 515,754 Federal Reserve Bank Stock 1,711 1,711 1,711 1,711 Financial Liabilities Deposits $ 869,257 $ 856,899 $ 755,776 $ 722,682 Long-term borrowings 91,739 92,373 150,055 149,912 Servicing Liability 2,242 2,242 1,352 1,352

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
	Sep. 30, 2019
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three Months Ended September 30, Nine Months Ended September 30, 2019 2018 2019 2018 (Dollars in thousands, except per-share data) Basic EPS Net income $ 7,446 $ 5,906 $ 18,702 $ 18,558 Less: net income allocated to participating securities (89) (98) (237) (332) Net income allocated to common stock $ 7,357 $ 5,808 $ 18,465 $ 18,226 Weighted average common shares outstanding 12,203,086 12,423,769 12,290,906 12,426,240 Less: Unvested restricted stock awards considered participating securities (148,142) (208,856) (156,116) (225,175) Adjusted weighted average common shares used in computing basic EPS 12,054,944 12,214,913 12,134,790 12,201,065 Basic EPS $ 0.61 $ 0.48 $ 1.52 $ 1.49 Diluted EPS Net income allocated to common stock $ 7,357 $ 5,808 $ 18,465 $ 18,226 Adjusted weighted average common shares used in computing basic EPS 12,054,944 12,214,913 12,134,790 12,201,065 Add: Effect of dilutive stock-based compensation awards 113,018 81,813 94,186 68,013 Adjusted weighted average common shares used in computing diluted EPS 12,167,962 12,296,726 12,228,976 12,269,078 Diluted EPS $ 0.60 $ 0.47 $ 1.51 $ 1.49

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	9 Months Ended
	Sep. 30, 2019
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. 15.28% $ 194,273 4% $ 50,849 5% $ 63,561 Marlin Business Bank 13.78% $ 150,760 5% $ 54,705 5% $ 54,705 Common Equity Tier 1 Risk-Based Capital Marlin Business Services Corp. 17.72% $ 194,273 4.5% $ 49,338 6.5% $ 71,266 Marlin Business Bank 15.69% $ 150,760 6.5% $ 67,277 6.5% $ 67,277 Tier 1 Risk-based Capital Marlin Business Services Corp. 17.72% $ 194,273 6% $ 65,784 8% $ 87,712 Marlin Business Bank 15.69% $ 150,760 8% $ 81,693 8% $ 81,693 Total Risk-based Capital Marlin Business Services Corp. 18.98% $ 208,046 8% $ 87,712 10% $ 109,641 Marlin Business Bank 16.94% $ 162,836 15% $ 144,164 10% (1) $ 100,915 (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 (Table

Stock-Based Compensation (Tables)	9 Months Ended
	Sep. 30, 2019
Stock-Based Compensation [Abstract]
Schedule of Stock-based Payment Award Stock Options Valuation Assumptions [Table Text Block]	Nine Months Ended September 30, 2018 Risk-free interest rate 2.64% Expected life (years) 4.50 Expected volatility 32.32% Expected dividends 1.98%
Schedule of Stock-based Compensation, Stock Options Activity [Table Text Block]	A summary of option activity for the nine-month period ended September 30, 2019 follows: Weighted Average Number of Exercise Price Options Shares Per Share Outstanding, December 31, 2018 146,431 $ 26.77 Granted — — Exercised — — Forfeited (578) 25.75 Expired (3,479) 25.75 Outstanding, September 30, 2019 142,374 26.80
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) $ 25.75 82,353 4.5 $ 25.75 $ — 54,861 4.5 $ 25.75 — $ 28.25 60,021 5.5 $ 28.25 $ — 20,001 5.5 $ 28.25 $ — 142,374 4.9 $ 26.80 $ — 74,862 4.8 $ 26.42 $ —
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, 2018 186,603 $ 19.91 Granted 18,674 23.19 Vested (55,006) 15.82 Forfeited (2,944) 21.97 Outstanding at September 30, 2019 147,327 21.81
Schedule of Stock-based Compensation, Restricted Stock Units Award Activity [Table Text Block]	The following tables summarize restricted stock unit activity for the nine-month period ended September 30, 2019: Weighted Average Number of Grant-Date Performance-based & market-based RSUs RSUs Fair Value Outstanding at December 31, 2018 191,921 $ 17.43 Granted 95,408 18.37 Forfeited (233) 25.75 Converted (8,000) 9.47 Cancelled due to non-achievement of market condition (4,000) 9.47 Outstanding at September 30, 2019 275,096 18.10 Service-based RSUs Outstanding at December 31, 2018 61,256 $ 27.61 Granted 74,620 21.50 Forfeited (4,311) 23.84 Converted (22,509) 27.47 Outstanding at September 30, 2019 109,056 23.61
Schedule of Stock-Based Payment Award, Restricted Stock Units Valuation Assumptions [Table Text Block[	Nine Months Ended September 30, 2019 2018 Grant date stock price $ 21.50 — Risk-free interest rate 2.16 % — Expected volatility 26.68 % — Dividend yield — —

The Company (Details)

The Company (Details) - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Mar. 31, 2019	Sep. 30, 2019	Sep. 30, 2018	Sep. 19, 2018
Business Combination, Description [Abstract]
Business Acquisition, Name of Acquired Entity		Fleet Financing Resources (“FFR”)
Business Combination, Reason for Business Combination		This acquisition is consistent with our strategy of augmenting organic growth with strategic acquisitions that extend our existing equipment finance business into new and attractive markets.
Payments To Acquire Businesses, Gross		$ 10
Business combination revenue of acquiree since acquisition date, estimate		542
Earnout consideration				$ 5.5
Total consideration		15.5
Intangible assets		$ 7.6
Goodwill relatled to Fleet Financing Resources, FFR	$ 5.6
Fair value of the earn-out				$ 3.2
Non Interest Income			$ 14.5
Interest and fee income			87.9
Net Income			$ 19.6

Summary of Significant Accoun_3

Summary of Significant Accounting Policies - Recently Adopted Accounting Standards (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2019	Jan. 01, 2019
Leases [Abstract]
Right-of-use assets		$ 9.1
Lease liabilities		$ 9.1
Accounting Standards Update 2018-13 [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
New Accounting Pronouncement or Change in Accounting Principle, Description	The adoption of this new requirement is not expected to have a material impact on the consolidated earnings, financial position or cash flows of the Company.
Accounting Standards Update 2018-15 [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
New Accounting Pronouncement or Change in Accounting Principle, Description	The adoption of this new requirement is not expected to have a material impact on the consolidated earnings, financial position or cash flows of the Company

Non-Interest Income (Details)

Non-Interest Income (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Noninterest Income [Abstract]
Insurance premiums written and earned	$ 2,230	$ 2,047	$ 6,538	$ 5,979
Gain on sale of leases and loans	6,456	2,243	13,400	4,859
Servicing income	395	(769)	1,021	404
Property tax income	(42)	0	5,680	0
Net gains and (losses) recognized during the period on equity securities	27	(27)	121	(108)
Non-interest income within the scope of other GAAP topics	9,066	3,494	26,760	11,134
Property tax administrative fees on leases	272	176	801	557
ACH payment fees	78	84	238	253
Insurance policy fees	688	513	2,021	1,538
Referral fees	129	118	448	611
Other	129	63	243	216
Non-interest income from contracts with customers	1,296	954	3,751	3,175
Total non-interest income	$ 10,362	$ 4,448	$ 30,511	$ 14,309

Investment Securities (Summary)

Investment Securities (Summary) (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Debt Securities Available-for-sale [Line Items]
Available-for-sale debt securities, amortized cost	$ 10,160	$ 11,194
Available-for-sale Debt Securities, Accumulated Gross Unrealized Gain, before Tax	161	23
Available-for-sale Debt Securities, Accumulated Gross Unrealized Loss, before Tax	(99)	(261)
Available-for-sale debt securities, fair value	10,222	10,956
Asset Backed Securities [Member]
Debt Securities Available-for-sale [Line Items]
Available-for-sale debt securities, amortized cost	4,409	4,934
Available-for-sale Debt Securities, Accumulated Gross Unrealized Gain, before Tax	42	20
Available-for-sale Debt Securities, Accumulated Gross Unrealized Loss, before Tax	(18)	(39)
Available-for-sale debt securities, fair value	4,433	4,915
Municipal Bonds [Member]
Debt Securities Available-for-sale [Line Items]
Available-for-sale debt securities, amortized cost	2,058	2,629
Available-for-sale Debt Securities, Accumulated Gross Unrealized Gain, before Tax	119	3
Available-for-sale Debt Securities, Accumulated Gross Unrealized Loss, before Tax	0	(20)
Available-for-sale debt securities, fair value	2,177	2,612
Mutual Fund [Member]
Debt Securities Available-for-sale [Line Items]
Available-for-sale debt securities, amortized cost	3,693	3,631
Available-for-sale Debt Securities, Accumulated Gross Unrealized Gain, before Tax	0	0
Available-for-sale Debt Securities, Accumulated Gross Unrealized Loss, before Tax	(81)	(202)
Available-for-sale debt securities, fair value	$ 3,612	$ 3,429

Investment Securities - Equity

Investment Securities - Equity Securities (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
Equity Securities, FV-NI, Gain (Loss) [Abstract]
Equity securities recorded at fair value	$ 3,600		$ 3,600		$ 3,400
Net gains and (losses) recognized during the period on equity securities	27	$ (27)	121	$ (108)
Less: Net gains and (losses) recognized during the period on equity securities sold during the period	0	0	0	0
Unrealized gains and (losses) recognized during the reporting period on equity securities still held at the reporting date	$ 27	$ (27)	$ 121	$ (108)

Investment Securities (Gross Un

Investment Securities (Gross Unrealized Loss and Fair Value of Securities Available for Sale (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Debt Securities Available-for-sale [Line Items]
Available-for-sale debt securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	$ 0	$ (16)
Available-for-sale debt securities, Continuous Unrealized Loss Position, Less Than Twelve Months, Fair Value	0	1,436
Available-for-sale debt ecurities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	(99)	(245)
Available-for-sale debt securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	4,895	7,177
Available-for-sale debt securities, Continuous Unrealized Loss Position, Accumulated Loss, Total	(99)	(261)
Available-for-sale debt securities, Continuous Unrealized Loss Position, Fair Value, Total	4,895	8,613
Asset Backed Securities [Member]
Debt Securities Available-for-sale [Line Items]
Available-for-sale debt securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	0	0
Available-for-sale debt securities, Continuous Unrealized Loss Position, Less Than Twelve Months, Fair Value	0	0
Available-for-sale debt ecurities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	(18)	(39)
Available-for-sale debt securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	1,283	3,340
Available-for-sale debt securities, Continuous Unrealized Loss Position, Accumulated Loss, Total	(18)	(39)
Available-for-sale debt securities, Continuous Unrealized Loss Position, Fair Value, Total	1,283	3,340
Municipal Securities [Member]
Debt Securities Available-for-sale [Line Items]
Available-for-sale debt securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss		(16)
Available-for-sale debt securities, Continuous Unrealized Loss Position, Less Than Twelve Months, Fair Value		1,436
Available-for-sale debt ecurities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss		(4)
Available-for-sale debt securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value		408
Available-for-sale debt securities, Continuous Unrealized Loss Position, Accumulated Loss, Total		(20)
Available-for-sale debt securities, Continuous Unrealized Loss Position, Fair Value, Total		1,844
Mutual Fund [Member]
Debt Securities Available-for-sale [Line Items]
Available-for-sale debt securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	0	0
Available-for-sale debt securities, Continuous Unrealized Loss Position, Less Than Twelve Months, Fair Value	0	0
Available-for-sale debt ecurities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	(81)	(202)
Available-for-sale debt securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	3,612	3,429
Available-for-sale debt securities, Continuous Unrealized Loss Position, Accumulated Loss, Total	(81)	(202)
Available-for-sale debt securities, Continuous Unrealized Loss Position, Fair Value, Total	$ 3,612	$ 3,429

Investment Securities (Contract

Investment Securities (Contractual Maturity of Debt Securities) (Details) $ in Thousands	Sep. 30, 2019USD ($)
Debt Securities Available-for-sale [Line Items]
Available-for-sale Securities, Debt Maturities, Next Twelve Months, Amortized Cost Basis	$ 0
Available-for-sale Securities, Debt Maturities, Year Two Through Five, Amortized Cost Basis	3,040
Available-for-sale Securities, Debt Maturities, Year Six Through Ten, Amortized Cost Basis	3,435
Available-for-sale Securities, Debt Maturities, after Ten Years, Amortized Cost Basis	0
Available-for-sale Debt Securities, Amortized Cost Basis, Total	6,475
Available-for-sale Securities, Debt Maturities, Next Twelve Months, Fair Value	0
Available-for-sale Securities, Debt Maturities, Year Two Through Five, Fair Value	3,080
Available-for-sale Securities, Debt Maturities, Year Six Through Ten, Fair Value	3,537
Available-for-sale Securities, Debt Maturities, after Ten Years, Fair Value	0
Available-for-sale Securities, Debt Securities, Fair Value, Total	$ 6,617
Weighted-average Yield, GAAP Basis, Available-for-sale securities	2.60%
One Year or Less [Member]
Debt Securities Available-for-sale [Line Items]
Weighted-average Yield, GAAP Basis, Available-for-sale securities	0.00%
After One Year Through Five Years [Member]
Debt Securities Available-for-sale [Line Items]
Weighted-average Yield, GAAP Basis, Available-for-sale securities	2.31%
After Five Years Through Ten Years [Member]
Debt Securities Available-for-sale [Line Items]
Weighted-average Yield, GAAP Basis, Available-for-sale securities	2.85%
After Ten Years [Member]
Debt Securities Available-for-sale [Line Items]
Weighted-average Yield, GAAP Basis, Available-for-sale securities	0.00%
Asset Backed Securities [Member]
Debt Securities Available-for-sale [Line Items]
Available-for-sale Securities, Debt Maturities, Next Twelve Months, Amortized Cost Basis	$ 0
Available-for-sale Securities, Debt Maturities, Year Two Through Five, Amortized Cost Basis	2,618
Available-for-sale Securities, Debt Maturities, Year Six Through Ten, Amortized Cost Basis	1,799
Available-for-sale Securities, Debt Maturities, after Ten Years, Amortized Cost Basis	0
Available-for-sale Debt Securities, Amortized Cost Basis, Total	4,417
Municipal Securities [Member]
Debt Securities Available-for-sale [Line Items]
Available-for-sale Securities, Debt Maturities, Next Twelve Months, Amortized Cost Basis	0
Available-for-sale Securities, Debt Maturities, Year Two Through Five, Amortized Cost Basis	422
Available-for-sale Securities, Debt Maturities, Year Six Through Ten, Amortized Cost Basis	1,636
Available-for-sale Securities, Debt Maturities, after Ten Years, Amortized Cost Basis	0
Available-for-sale Debt Securities, Amortized Cost Basis, Total	$ 2,058

Net Investment in Leases and _3

Net Investment in Leases and Loans (Narratives) (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2019	Dec. 31, 2018
Net Investment in Leases and Loans [Abstract]
Initial direct costs and origination costs	$ 20,800	$ 20,500
Net investments [Line Items]
Loans and Leases Receivable, Collateral for Secured Borrowings	35,400
Estimated Residual Value of Equipment	$ 29,122	27,646
Minimum [Member]
Net investments [Line Items]
Lessor, Sales-type Lease, Term of Contract	36 months
Working Capital Loan Terms	6 months
Maximum [Member]
Net investments [Line Items]
Lessor, Sales-type Lease, Term of Contract	72 months
Working Capital Loan Terms	24 months
Variable Interest Entity [Member]
Net investments [Line Items]
Loans and Leases Receivable, Collateral for Secured Borrowings	$ 91,900
Copier Product [Member]
Net investments [Line Items]
Estimated Residual Value of Equipment	$ 23,700	$ 23,600

Net Investment in Leases and _4

Net Investment in Leases and Loans (Net Investment Components) (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Jun. 30, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Dec. 31, 2017
Net Investment in Leases and Loans [Abstract]
Minimum lease payments receivable	$ 492,793		$ 530,867
Estimated Residual Value of Equipment	29,122		27,646
Unearned Lease Income, Net Of Initial Direct Costs and Fees Deferred	(64,726)		(68,376)
Security Deposits	(661)		(838)
Total leases	456,528		489,299
Working Capital Loans	55,794		36,856
CRA	1,454		1,466
Equipment loans	463,519		423,168
TFG	76,414		66,051
Total commercial loans, net of origination costs and fees deferred	597,181		527,541
Allowance for Credit Losses	(19,211)	$ (16,777)	(16,100)	$ (15,917)	$ (15,570)	$ (14,851)
Total net investment in leases and loans	$ 1,034,498		$ 1,000,740

Net Investment in Leases and _5

Net Investment in Leases and Loans (Future Minimum Lease Payments Receivable Schedule) (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Future Minimum Lease Payments Receivable Schedule [Abstract]
Remaining part of 2019	$ 55,633
2020	182,135
2021	125,925
2022	76,516
2023	39,218
Thereafter	13,366
Minimum Lease Payments Receivable	492,793	$ 530,867
Future Scheduled Income Amortization [Abstract]
Remaing part of 2019	9,916
2020	28,154
2021	15,651
2022	7,490
2023	2,792
Thereafter	723
Unearned Lease Income, Including Initial Direct Costs and Fees Deferred	$ 64,726	$ 68,376

Net Investment in Leases and _6

Net Investment in Leases and Loans - Lease income recognition (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Selling profit [Member]
Lease income	$ 0	$ 0	$ 0	$ 0
Interest Income [Member]
Lease income	$ 10,384	$ 11,992	$ 32,075	$ 37,470

Allowance for Credit Losses (Na

Allowance for Credit Losses (Narratives) (Details) - USD ($) $ in Millions	9 Months Ended		12 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
Allowance For Credit Losses [Abstract]
Loans and leases investments sold	$ 195.9	$ 78.1	$ 139
Gain on sale of other leases and loans	$ 13.4	$ 4.8	$ 8.4

Allowance for Credit Losses (De

Allowance for Credit Losses (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
Allowance for Credit Losses [Roll Forward]
Allowance for credit losses, beginning of period	$ 16,777	$ 15,570	$ 16,100	$ 14,851	$ 14,851
Charge-offs	(5,966)	(5,065)	(16,755)	(14,412)	(20,593)
Recoveries	738	519	2,085	1,717	2,320
Net charge-offs	(5,228)	(4,546)	(14,670)	(12,695)	(18,273)
Provision for credit losses	7,662	4,893	17,781	13,761	19,522
Allowance for credit losses, end of period	19,211	15,917	19,211	15,917	16,100
Ending balance: individually evaluated for impairment	937		937
Ending balance: collectively evaluated for impairment	18,274		18,274
Ending lease or loan balance	1,032,868	966,659	1,032,868	966,659	996,383
Ending balance, individually evaluated for impairment	1,891		1,891
Ending balance, collectively evaluated for impairment	1,030,977		1,030,977
Working capital Loan [Member]
Allowance for Credit Losses [Roll Forward]
Allowance for credit losses, beginning of period	1,940	1,334	1,467	1,036	1,036
Charge-offs	(417)	(361)	(1,692)	(1,090)	(1,537)
Recoveries	227	9	298	59	60
Net charge-offs	(190)	(352)	(1,394)	(1,031)	(1,477)
Provision for credit losses	346	437	2,023	1,414	1,908
Allowance for credit losses, end of period	2,096	1,419	2,096	1,419	1,467
Ending balance: individually evaluated for impairment	0		0
Ending balance: collectively evaluated for impairment	2,096		2,096
Ending lease or loan balance	55,122	33,631	55,122	33,631	36,478
Ending balance, individually evaluated for impairment	0		0
Ending balance, collectively evaluated for impairment	55,122		55,122
CRA [Member]
Allowance for Credit Losses [Roll Forward]
Allowance for credit losses, beginning of period	0	0	0	0	0
Charge-offs	0	0	0	0	0
Recoveries	0	0	0	0	0
Net charge-offs	0	0	0	0	0
Provision for credit losses	0	0	0	0	0
Allowance for credit losses, end of period	0	0	0	0	0
Ending balance: individually evaluated for impairment	0		0
Ending balance: collectively evaluated for impairment	0		0
Ending lease or loan balance	1,454	1,437	1,454	1,437	1,466
Ending balance, individually evaluated for impairment	0		0
Ending balance, collectively evaluated for impairment	1,454		1,454
Equipment Finance [Member]
Allowance for Credit Losses [Roll Forward]
Allowance for credit losses, beginning of period	13,416	13,012	13,531	12,663	12,663
Charge-offs	(5,023)	(4,502)	(13,863)	(12,721)	(18,149)
Recoveries	457	491	1,671	1,599	2,199
Net charge-offs	(4,566)	(4,011)	(12,192)	(11,122)	(15,950)
Provision for credit losses	6,799	4,230	14,310	11,690	16,818
Allowance for credit losses, end of period	15,649	13,231	15,649	13,231	13,531
Ending balance: individually evaluated for impairment	937		937
Ending balance: collectively evaluated for impairment	14,712		14,712
Ending lease or loan balance	892,011	872,027	892,011	872,027	890,785
Ending balance, individually evaluated for impairment	1,891		1,891
Ending balance, collectively evaluated for impairment	890,120		890,120
CVG [Member]
Allowance for Credit Losses [Roll Forward]
Allowance for credit losses, beginning of period	1,421	1,224	1,102	1,152	1,152
Charge-offs	(526)	(202)	(1,200)	(601)	(907)
Recoveries	54	19	116	59	61
Net charge-offs	(472)	(183)	(1,084)	(542)	(846)
Provision for credit losses	517	226	1,448	657	796
Allowance for credit losses, end of period	1,466	1,267	1,466	1,267	1,102
Ending balance: individually evaluated for impairment	0		0
Ending balance: collectively evaluated for impairment	1,466		1,466
Ending lease or loan balance	84,281	$ 59,564	84,281	$ 59,564	$ 67,654
Ending balance, individually evaluated for impairment	0		0
Ending balance, collectively evaluated for impairment	$ 84,281		$ 84,281

Allowance for Credit Losses - S

Allowance for Credit Losses - Segments of Loan Portfolio (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018	Sep. 30, 2018
Amount of portfolio [Line Items]
Total net finance receivables, end of period	$ 1,032,868	$ 996,383	$ 966,659
Working capital Loan [Member]
Amount of portfolio [Line Items]
Total net finance receivables, end of period	55,122	36,478	33,631
CRA [Member]
Amount of portfolio [Line Items]
Total net finance receivables, end of period	1,454	1,466	1,437
Equipment Finance [Member]
Amount of portfolio [Line Items]
Total net finance receivables, end of period	892,011	890,785	872,027
CVG [Member]
Amount of portfolio [Line Items]
Total net finance receivables, end of period	84,281	67,654	$ 59,564
Pass [Member]
Amount of portfolio [Line Items]
Total net finance receivables, end of period	1,017,673	982,997
Pass [Member] | Working capital Loan [Member]
Amount of portfolio [Line Items]
Total net finance receivables, end of period	53,799	35,793
Pass [Member] | CRA [Member]
Amount of portfolio [Line Items]
Total net finance receivables, end of period	1,454	1,466
Pass [Member] | Equipment Finance [Member]
Amount of portfolio [Line Items]
Total net finance receivables, end of period	879,589	879,275
Pass [Member] | CVG [Member]
Amount of portfolio [Line Items]
Total net finance receivables, end of period	82,831	66,463
Special Mention [Member]
Amount of portfolio [Line Items]
Total net finance receivables, end of period	3,999	4,566
Special Mention [Member] | Working capital Loan [Member]
Amount of portfolio [Line Items]
Total net finance receivables, end of period	180	47
Special Mention [Member] | CRA [Member]
Amount of portfolio [Line Items]
Total net finance receivables, end of period	0	0
Special Mention [Member] | Equipment Finance [Member]
Amount of portfolio [Line Items]
Total net finance receivables, end of period	3,714	4,373
Special Mention [Member] | CVG [Member]
Amount of portfolio [Line Items]
Total net finance receivables, end of period	105	146
Substandard [Member]
Amount of portfolio [Line Items]
Total net finance receivables, end of period	4,778	4,265
Substandard [Member] | Working capital Loan [Member]
Amount of portfolio [Line Items]
Total net finance receivables, end of period	403	145
Substandard [Member] | CRA [Member]
Amount of portfolio [Line Items]
Total net finance receivables, end of period	0	0
Substandard [Member] | Equipment Finance [Member]
Amount of portfolio [Line Items]
Total net finance receivables, end of period	3,803	3,460
Substandard [Member] | CVG [Member]
Amount of portfolio [Line Items]
Total net finance receivables, end of period	572	660
Doubtful [Member]
Amount of portfolio [Line Items]
Total net finance receivables, end of period	4,166	2,811
Doubtful [Member] | Working capital Loan [Member]
Amount of portfolio [Line Items]
Total net finance receivables, end of period	713	300
Doubtful [Member] | CRA [Member]
Amount of portfolio [Line Items]
Total net finance receivables, end of period	0	0
Doubtful [Member] | Equipment Finance [Member]
Amount of portfolio [Line Items]
Total net finance receivables, end of period	3,142	2,353
Doubtful [Member] | CVG [Member]
Amount of portfolio [Line Items]
Total net finance receivables, end of period	311	158
Loss [Member]
Amount of portfolio [Line Items]
Total net finance receivables, end of period	2,252	1,744
Loss [Member] | Working capital Loan [Member]
Amount of portfolio [Line Items]
Total net finance receivables, end of period	27	193
Loss [Member] | CRA [Member]
Amount of portfolio [Line Items]
Total net finance receivables, end of period	0	0
Loss [Member] | Equipment Finance [Member]
Amount of portfolio [Line Items]
Total net finance receivables, end of period	1,763	1,324
Loss [Member] | CVG [Member]
Amount of portfolio [Line Items]
Total net finance receivables, end of period	$ 462	$ 227

Allowance for Credit Losses - D

Allowance for Credit Losses - Delinquent And Non Accrual Leases (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	$ 14,916	$ 12,295
Financing Receivable, Recorded Investment, Current	1,155,097	1,117,222
Total finance receivables, end of period	1,170,013	1,129,517
Non-accrual leases and loans, end of period	7,949	4,212
Working capital Loan [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	740	492
Financing Receivable, Recorded Investment, Current	54,382	35,986
Total finance receivables, end of period	55,122	36,478
Non-accrual leases and loans, end of period	740	492
CRA [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	0	0
Financing Receivable, Recorded Investment, Current	1,454	1,466
Total finance receivables, end of period	1,454	1,466
Non-accrual leases and loans, end of period	0	0
Equipment Finance [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	12,927	11,189
Financing Receivable, Recorded Investment, Current	1,002,425	1,001,363
Total finance receivables, end of period	1,015,352	1,012,552
Non-accrual leases and loans, end of period	6,636	3,529
CVG [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	1,249	614
Financing Receivable, Recorded Investment, Current	96,836	78,407
Total finance receivables, end of period	98,085	79,021
Non-accrual leases and loans, end of period	573	191
Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	5,133	5,003
Financing Receivables, 30 to 59 Days Past Due [Member] | Working capital Loan [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	713	300
Financing Receivables, 30 to 59 Days Past Due [Member] | CRA [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	0	0
Financing Receivables, 30 to 59 Days Past Due [Member] | Equipment Finance [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	4,247	4,537
Financing Receivables, 30 to 59 Days Past Due [Member] | CVG [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	173	166
Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	4,183	3,431
Financing Receivables, 60 to 89 Days Past Due [Member] | Working capital Loan [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	0	51
Financing Receivables, 60 to 89 Days Past Due [Member] | CRA [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	0	0
Financing Receivables, 60 to 89 Days Past Due [Member] | Equipment Finance [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	3,680	3,123
Financing Receivables, 60 to 89 Days Past Due [Member] | CVG [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	503	257
Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	5,600	3,861
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Working capital Loan [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	27	141
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | CRA [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	0	0
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Equipment Finance [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	5,000	3,529
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | CVG [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	$ 573	$ 191

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets (Narratives) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Mar. 31, 2019	Mar. 31, 2017	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018	Jan. 31, 2017
Acquired Finite-Lived Intangible Assets [Line Items]
Finite Lived Intangible Assets Acquired			$ 7,600
Goodwill Acquired During Period	$ 5,600
Goodwill			6,735		$ 7,360
(Reduction) in goodwill			(625)
Amortization of Intangible Assets			$ 700	$ 200
HKF [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Finite Lived Intangible Assets Acquired		$ 1,300
Acquired Finite Lived Intangible Assets Weighted Average Useful Life		8 years 8 months
Goodwill						$ 1,200
FFR [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Finite Lived Intangible Assets Acquired	$ 7,600				7,200
Acquired Finite Lived Intangible Assets Weighted Average Useful Life	10 years 9 months 18 days
Goodwill					$ 6,200

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets - Summary of Changes In Carrying Amount of Goodwill (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2019USD ($)
Goodwill and Intangible Assets [Abstract]
Goodwill, Beginning Balance	$ 7,360
Changes	(625)
Goodwill, Ending Balance	$ 6,735

Goodwill and Intangible Asset_4

Goodwill and Intangible Assets - Intangible Assets (Detail) $ in Thousands	9 Months Ended
	Sep. 30, 2019USD ($)
Finite Lived Intangible Assets [Line Items]
Cost	$ 8,980
Accumulated Amortization	1,290
Net Value	7,690
Lender Relationships [Member]
Finite Lived Intangible Assets [Line Items]
Cost	1,630
Accumulated Amortization	457
Net Value	$ 1,173
Lender Relationships [Member] | Minimum [Member]
Finite Lived Intangible Assets [Line Items]
Useful Life	3 years
Lender Relationships [Member] | Maximum [Member]
Finite Lived Intangible Assets [Line Items]
Useful Life	10 years
Vendor Relationships [Member]
Finite Lived Intangible Assets [Line Items]
Useful Life	11 years
Cost	$ 7,290
Accumulated Amortization	809
Net Value	$ 6,481
Corporate Trade Name [Member]
Finite Lived Intangible Assets [Line Items]
Useful Life	7 years
Cost	$ 60
Accumulated Amortization	24
Net Value	$ 36

Goodwill and Intangible Asset_5

Goodwill and Intangible Assets - Amortization expense (Details) $ in Thousands	Sep. 30, 2019USD ($)
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]
Remainder of 2019	$ 230
Estimated amortization expense in 2020	798
Estimated amortization expense in 2021	798
Estimated amortization expense in 2022	798
Estimated amortization expense in 2023	$ 798

Other Assets (Details)

Other Assets (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Prepaid Expense and Other Assets [Abstract]
Accrued fees receivable	$ 3,317	$ 3,354
Prepaid expenses	2,568	2,447
Income taxes receivable	1,223	0
Federal Reserve Bank Stock	1,711	1,711
Other	3,270	2,144
Other assets, total	$ 12,089	$ 9,656

Leases - Narrative (Details)

Leases - Narrative (Details) $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2019Offices	Sep. 30, 2019USD ($)Offices
Lessee, Lease, Description [Line Items]
Lessee, Operating Lease, Description	the Company leases all six of its office locations including its executive offices in Mt. Laurel, New Jersey, and its offices in or near Salt Lake City, Utah; Portsmouth, New Hampshire; Highlands Ranch, Colorado; Corona, California; and Philadelphia, Pennsylvania.
Number Of Offices | Offices	6	6
Lessee, Operating Lease, Option to Extend	Four of the office leases include options to extend for terms of three to ten years.
Increase in right-of-use assets | $		$ 2.9
Minimum [Member]
Lessee, Lease, Description [Line Items]
Lessee Operating Lease Term Of Contract	3 years	3 years
Maximum [Member]
Lessee, Lease, Description [Line Items]
Lessee Operating Lease Term Of Contract	10 years	10 years

Leases - Componenets of lease e

Leases - Componenets of lease expense (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Components of lease expense:
Operating lease cost	$ 322	$ 283	$ 878	$ 842
Finance lease costs	0	2	0	6
Short-term lease cost	207	0	323	0
Total lease cost	$ 529	$ 285	$ 1,201	$ 848

Leases - Supplemental balance s

Leases - Supplemental balance sheet information (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2019	Dec. 31, 2018
Supplemental information related to leases:
Operating lease right-of-use assets	$ 9,071	$ 0
Operating lease liabilities	$ 9,745	$ 0
Weighted average remaining lease term	11 years 3 months 18 days
Weighted average discount rate	3.30%
Supplemental cash flow information:
Operating cash flows from operating leases	$ 303
Right-of-use assets obtained in exchange for lease obligations	$ 9,071

Leases - Maturities of lease li

Leases - Maturities of lease liabilities (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Maturities of lease liabilities:
Remainder of 2019	$ 128
2020	1,281
2021	1,073
2022	984
2023	906
Thereafter	7,445
Total lease payments	11,817
Less: imputed interest	(2,072)
Total	$ 9,745	$ 0

Commitments and Contingencies (

Commitments and Contingencies (Narratives) (Details) - USD ($) $ in Millions	3 Months Ended
	Jun. 30, 2019	Sep. 30, 2019	Mar. 31, 2017
Loss Contingencies [Line Items]
Restitution Due To Customers			$ 4
Payments to customer fund	$ 4
Minimum [Member]
Loss Contingencies [Line Items]
Loan Participation Ownership Percentage		0.80%
Maximum [Member]
Loss Contingencies [Line Items]
Loan Participation Ownership Percentage		1.20%
Marlin Business Bank [Member]
Loss Contingencies [Line Items]
Unfunded Loan Commitments		$ 0.5

Deposits (Details)

Deposits (Details) - USD ($)	Sep. 30, 2019	Dec. 31, 2018
Contractual Maturities of Time Deposits [Abstract]
Remainder of 2019	$ 122,872,000
2020	331,407,000
2021	208,367,000
2022	108,362,000
2023	47,741,000
Thereafter	31,016,000
Total	849,765,000	$ 755,776,000
Money market deposit accounts	19,700,000
Maximum time deposit liability denomination	250,000
Cash FDIC Insured Amount	$ 250,000
Weighted average all-in interest rate of all deposit liabilities outstanding	2.43%

Debt and Financing Arrangemen_3

Debt and Financing Arrangements - Narratives (Details) - USD ($)	9 Months Ended
	Sep. 30, 2019	Dec. 31, 2018	Nov. 20, 2018	Jul. 27, 2018
Debt and Financing Arrangements [Abstract]
Term note securitization 2018-1	$ 92,346,000	$ 151,233,000		$ 201,650,000
Debt collateralized	103,000,000
Debt instrument collateralized by restricted deposits	$ 7,600,000
Revolving line of credit [Member]
Debt Instrument Terms [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity			$ 5,000,000
Final maturity date	Nov. 20, 2019
Line of credit	$ 0	$ 0

Debt and Financing Arrangemen_4

Debt and Financing Arrangements - schedule (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018	Jul. 27, 2018
Debt and Financing Arrangements [Abstract]
Term note securitization 2018-1	$ 92,346	$ 151,233	$ 201,650
Unamortized debt issuance costs	(607)	(1,178)
Long-term borrowings related to consolidated VIEs	$ 91,739	$ 150,055

Debt and Financing Arrangemen_5

Debt and Financing Arrangements - Term note securitization (Details) - USD ($) $ in Thousands		9 Months Ended
		Sep. 30, 2019	Dec. 31, 2018	Jul. 27, 2018
Debt Instrument [Line Items]
Term note securitization		$ 92,346	$ 151,233	$ 201,650
Original coupon rate	[1],[2]	3.05%
Class A-1 [Member]
Debt Instrument [Line Items]
Term note securitization		$ 0	26,983	77,400
Final maturity date		Jul. 31, 2019
Original coupon rate		2.55%
Class A-2 [Member]
Debt Instrument [Line Items]
Term note securitization		$ 23,796	55,700	55,700
Final maturity date		Oct. 31, 2020
Original coupon rate		3.05%
Class A-3 [Member]
Debt Instrument [Line Items]
Term note securitization		$ 36,910	36,910	36,910
Final maturity date		Apr. 30, 2023
Original coupon rate		3.36%
Class B [Member]
Debt Instrument [Line Items]
Term note securitization		$ 10,400	10,400	10,400
Final maturity date		May 31, 2023
Original coupon rate		3.54%
Class C [Member]
Debt Instrument [Line Items]
Term note securitization		$ 11,390	11,390	11,390
Final maturity date		Jun. 30, 2023
Original coupon rate		3.70%
Class D [Member]
Debt Instrument [Line Items]
Term note securitization		$ 5,470	5,470	5,470
Final maturity date		Jul. 31, 2023
Original coupon rate		3.99%
Class E [Member]
Debt Instrument [Line Items]
Term note securitization		$ 4,380	$ 4,380	$ 4,380
Final maturity date		May 31, 2025
Original coupon rate		5.02%
2018-1 [Member]
Debt Instrument [Line Items]
Weighted average coupon rate		3.41%
[1]	Represents the original weighted average initial coupon rate for all tranches of the securitization. In addition to this coupon interest, term note securitizations have other transaction costs which are amortized over the life of the borrowings as additional interest expense.
[2]	The weighted average coupon rate of the 2018-1 term note securitization will approximate 3.41 % over the term of the borrowing.

Debt and Financing Arrangemen_6

Debt and Financing Arrangements - Scheduled principal and interest payments (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018	Jul. 27, 2018
Maturities of Long-term Debt [Abstract]
Remainder of 2019	$ 14,935
Principal, 2020	45,200
Principal, 2021	23,629
Principal, 2022	8,582
Long-term borrowings, total	92,346	$ 151,233	$ 201,650
Remainder of 2019	761
Interest, 2020	1,993
Interest, 2021	813
Interest, 2022	159
Total interest portion on long-term debt	$ 3,726

Fair Value Measurements and D_3

Fair Value Measurements and Disclosures about the Fair Value of Financial Instruments - Narrative (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018	Sep. 30, 2018	Dec. 31, 2017
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total cash and cash equivalents	$ 132,461	$ 97,156	$ 88,448	$ 67,146
Fair Value, Inputs, Level 1 [Member] | Money Market Funds [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total cash and cash equivalents	$ 31,900

Fair Value Measurements and D_4

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, 2019	Dec. 31, 2018
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	$ 10,222	$ 10,956
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] | Mutual Fund [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	3,612	3,429
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | Asset Backed Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	4,433	4,915
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | Municipal Bonds [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	$ 2,177	$ 2,612

Fair Value Measurements and D_5

Fair Value Measurements and Disclosures about the Fair Value of Financial Instruments (Estimated Fair Values and Carrying Amounts) (Details) - USD ($)	Sep. 30, 2019	Dec. 31, 2018	Sep. 30, 2018	Jul. 27, 2018	Dec. 31, 2017
Assets, Fair Value Disclosure [Abstract]
Total cash and cash equivalents	$ 132,461,000	$ 97,156,000	$ 88,448,000		$ 67,146,000
Time deposits with banks	14,919,000	9,659,000
Restricted interest-earning deposits with banks	7,576,000	14,045,000	$ 10,049,000
Federal Reserve Bank Stock	1,711,000	1,711,000
Liabilities, Fair Value Disclosure [Abstract]
Deposits	869,257,000	755,776,000
Long-term borrowings	91,739,000	150,055,000
Long-term borrowings	92,346,000	151,233,000		$ 201,650,000
Fair Value, Inputs, Level 1 [Member] | Money Market Funds [Member]
Assets, Fair Value Disclosure [Abstract]
Total cash and cash equivalents	31,900,000
Carrying (Reported) Amount, Fair Value Disclosure [Member]
Assets, Fair Value Disclosure [Abstract]
Total cash and cash equivalents	132,461,000	97,156,000
Time deposits with banks	14,919,000	9,659,000
Restricted interest-earning deposits with banks	7,576,000	14,045,000
Loans, net of allowance	585,735,000	518,697,000
Federal Reserve Bank Stock	1,711,000	1,711,000
Liabilities, Fair Value Disclosure [Abstract]
Deposits	869,257,000	755,776,000
Long-term borrowings	91,739,000	150,055,000
Servicing liability	2,242,000	1,352,000
Estimate of Fair Value, Fair Value Disclosure [Member]
Assets, Fair Value Disclosure [Abstract]
Total cash and cash equivalents	132,461,000	97,156,000
Time deposits with banks	14,973,000	9,614,000
Restricted interest-earning deposits with banks	7,576,000	14,045,000
Loans, net of allowance	593,238,000	515,754,000
Federal Reserve Bank Stock	1,711,000	1,711,000
Liabilities, Fair Value Disclosure [Abstract]
Deposits	856,899,000	722,682,000
Long-term borrowings	92,373,000	149,912,000
Servicing liability	$ 2,242,000	$ 1,352,000

Earnings Per Common Share (EPS

Earnings Per Common Share (EPS Basic and Diluted) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended						9 Months Ended
	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Sep. 30, 2019	Sep. 30, 2018
Earnings Per Share, Basic [Abstract]
Net Income	$ 7,446	$ 6,115	$ 5,141	$ 5,906	$ 6,467	$ 6,185	$ 18,702	$ 18,558
Less: net income allocated to participating securities	(89)			(98)			(237)	(332)
Net income allocated to common stock	$ 7,357			$ 5,808			$ 18,465	$ 18,226
Weighted average common shares outstanding	12,203,086			12,423,769			12,290,906	12,426,240
Less: Unvested restricted stock awards considered participating securities	(148,142)			(208,856)			(156,116)	(225,175)
Adjusted weighted average common shares used in computing basic EPS	12,054,944			12,214,913			12,134,790	12,201,065
Basic earnings per share	$ 0.61			$ 0.48			$ 1.52	$ 1.49
Earnings Per Share, Diluted [Abstract]
Net income allocated to common stock	$ 7,357			$ 5,808			$ 18,465	$ 18,226
Adjusted weighted average common shares used in computing basic EPS	12,054,944			12,214,913			12,134,790	12,201,065
Add: Effect of dilutive stock options	113,018			81,813			94,186	68,013
Adjusted weighted average common shares used in computing diluted EPS	12,167,962			12,296,726			12,228,976	12,269,078
Diluted earnings per share	$ 0.6			$ 0.47			$ 1.51	$ 1.49
Antidilutive securities excluded from computation of earnings per share amount	157,952			135,401			172,473	138,893

Stockholders' Equity (Narrative

Stockholders' Equity (Narratives) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018	Aug. 01, 2019	Dec. 31, 2018	May 30, 2017
Stock Repurchase [Abstract]
Stock Repurchase Program, Authorized Amount							$ 10,000
Marlin Business Services Corp. [Member]
Regulatory Capital Requirements Miscellaneous Information [Abstract]
Total stockholders equity (regulatory)	$ 194,273		$ 194,273
Total Risk Based Capital Required for Capital Adequacy to Risk Weighted Assets	8.00%		8.00%
Tier One Leverage Capital Required for Capital Adequacy to Average Assets	4.00%		4.00%
Total Risk Based Capital to Risk Weighted Assets	18.98%		18.98%
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%
Marlin Business Bank [Member]
Regulatory Capital Requirements Miscellaneous Information [Abstract]
Total stockholders equity (regulatory)	$ 150,760		$ 150,760
Total Risk Based Capital Required for Capital Adequacy to Risk Weighted Assets	15.00%		15.00%
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	16.94%		16.94%
Tier One Risk Based Capital Required for Capital Adequacy to Risk Weighted Assets	8.00%		8.00%
Common Equity Tier One Risk Based Capital Required For Capital Adequacy To Risk Weighted Assets	6.50%		6.50%
Common Equity Tier One Risk Based Capital Required To Be Well Capitalized To Risk Weighted Assets	6.50%		6.50%
New Capital Conservation Buffer	2.50%		2.50%			1.875%
Instrument Equity Compensation Plan [Member]
Stock Repurchase [Abstract]
Stock Repurchased During Period, Average Cost Per Share	$ 23.8	$ 27.74	$ 22.87	$ 26.53
Stock Repurchased During Period, Shares	2,654	7,324	22,100	27,746
2017 Stock Repurchase Plan [Member]
Stock Repurchase [Abstract]
Stock Repurchase Program, Remaining Authorized Repurchase Amount	$ 0		$ 0
Stock Repurchased During Period, Average Cost Per Share	$ 23	$ 28.56	$ 23.24	$ 28.43
Stock Repurchased During Period, Shares	144,729	30,242	247,500	47,967
2019 Stock Repurchase Plan [Member]
Stock Repurchase [Abstract]
Stock Repurchase Program, Authorized Amount					$ 10,000
Stock Repurchased During Period, Shares			0

Stockholders' Equity (Regulator

Stockholders' Equity (Regulatory Capital Ratios) (Details) $ in Thousands	Sep. 30, 2019USD ($)
Marlin Business Services Corp. [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Tier One Leverage Capital	$ 194,273
Tier One Leverage Capital Required for Capital Adequacy	50,849
Tier One Leverage Capital Required to be Well Capitalized	63,561
Common Equity Tier One Risk Based Capital	194,273
Common Equity Tier One Risk Based Capital Required For Capital Adequacy	49,338
Common Equity Tier One Risk Based Capital Required To Be Well Capitalized	71,266
Tier One Risk Based Capital	194,273
Tier One Risk Based Capital Required for Capital Adequacy	65,784
Tier One Risk Based Capital Required to be Well Capitalized	87,712
Total Risk Based Capital	208,046
Total Risk Based Capital Required for Capital Adequacy	87,712
Total Risk Based Capital Required to be Well Capitalized	$ 109,641
Tier One Leverage Capital to Average Assets	15.28%
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	17.72%
Common Equity Tier One Risk Based Capital Required For Capital Adequacy To Risk Weighted Assets	4.50%
Common Equity Tier One Risk Based Capital Required To Be Well Capitalized To Risk Weighted Assets	6.50%
Tier One Risk Based Capital to Risk Weighted Assets	17.72%
Tier One Risk Based Capital Required for Capital Adequacy to Risk Weighted Assets	6.00%
Tier One Risk Based Capital Required to be Well Capitalized to Risk Weighted Assets	8.00%
Total Risk Based Capital to Risk Weighted Assets	18.98%
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	$ 150,760
Tier One Leverage Capital Required for Capital Adequacy	54,705
Tier One Leverage Capital Required to be Well Capitalized	54,705
Common Equity Tier One Risk Based Capital	150,760
Common Equity Tier One Risk Based Capital Required For Capital Adequacy	67,277
Common Equity Tier One Risk Based Capital Required To Be Well Capitalized	67,277
Tier One Risk Based Capital	150,760
Tier One Risk Based Capital Required for Capital Adequacy	81,693
Tier One Risk Based Capital Required to be Well Capitalized	81,693
Total Risk Based Capital	162,836
Total Risk Based Capital Required for Capital Adequacy	144,164
Total Risk Based Capital Required to be Well Capitalized	$ 100,915
Tier One Leverage Capital to Average Assets	13.78%
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	15.69%
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	15.69%
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	16.94%
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%

Stock-Based Compensation (Narra

Stock-Based Compensation (Narratives) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended						9 Months Ended
	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Sep. 30, 2019	Sep. 30, 2018
Stock-based Compensation Arrangements [Line Items]
Equity Compensation Plan, Aggregate Number of Shares Authorized	826,036						826,036
Equity Compensation Plan, Number of Shares Available for Grant	811,273						811,273
Number of Shares, Stock Options Granted							0
Stock-based compensation recognized	$ 894	$ 990	$ 861	$ 910	$ 763	$ 921	$ 2,800	$ 2,600
Stock Options Exercised, Number of Shares					909		0
Tax Benefit from Stock-based Compensation							$ 100	$ 300
Common Stock Closing Price Per Share	$ 25.19						$ 25.19
Stock Options [Member]
Stock-based Compensation Arrangements [Line Items]
Equity Compensation Plan, Grant Original Contractual Term in Years							7 years
Number of Shares, Stock Options Granted	0			0			0	68,689
Stock-based compensation recognized	$ 100			$ 100			$ 300	$ 200
Stock Options Exercised, Number of Shares	0			0
Stock Options Exercised, Total Intrinsic Value							0	$ 100
Total Compensation Cost Not yet Recognized on Nonvested Stock-based Awards	$ 300						$ 300
Compensation Cost Not yet Recognized on Nonvested Stock-based Awards, Period for Recognition in Years							1 year
Weighted average fair value of options granted							$ 0	$ 7.21
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							3 years
Stock Options [Member] | Maximum [Member]
Stock-based Compensation Arrangements [Line Items]
Stock-based Awards, Vesting Period in Years							4 years
Restricted Stock [Member]
Stock-based Compensation Arrangements [Line Items]
Stock-based compensation recognized	200			$ 300			$ 700	$ 1,100
Total Compensation Cost Not yet Recognized on Nonvested Stock-based Awards	$ 1,600						1,600
Compensation Cost Not yet Recognized on Nonvested Stock-based Awards, Period for Recognition in Years	4 years 5 months
Stock-based Awards Other Than Options, Subject to Performance Acceleration, Grants in Period	0
Stock-based Awards Other Than Options, Contingent on Performance, Grants in Period	0
Stock-based Compensation Expense Due to Performance Acceleration			$ 100			$ 300
Stock-based Awards Other than Options, Vested in Period, Total Fair Value	$ 200			700			$ 1,300	2,500
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							7 years
Restricted Stock [Member] | Maximum [Member] | Director [Member]
Stock-based Compensation Arrangements [Line Items]
Stock-based Awards, Vesting Period in Years							7 years
Performance-Based and Market-Based RSUs [Member]
Stock-based Compensation Arrangements [Line Items]
Stock-based compensation recognized	600			600			$ 1,700	$ 1,300
Total Compensation Cost Not yet Recognized on Nonvested Stock-based Awards	$ 3,900						$ 3,900
Compensation Cost Not yet Recognized on Nonvested Stock-based Awards, Period for Recognition in Years	1 year 7 months 6 days
Stock-based Awards Other Than Options, Contingent on Performance, Grants in Period							449,641
Total Compensation Cost Not yet Recognized on Nonvested Stock-based Awards, Portion Subject to Acceleration	$ 3,700						$ 3,700
Total Compensation Cost Not yet Recognized on Nonvested Stock-based Awards, Portion Subject to Acceleration, Period for Recognition, in Years	1 year 7 months 6 days
Stock-based Awards Other Than Options, Additional Grants Contingently Issuable							181,926
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments RSUs Grants In Period Weighted Average Grant Date Fair Value								$ 12.91
Service-Based RSUs [Member]
Stock-based Compensation Arrangements [Line Items]
Stock-based Awards, Grants in Period, Aggregate Grant Date Fair Value	$ 0			$ 0			$ 3,400	$ 2,400
Service-Based RSUs [Member] | Minimum [Member]
Stock-based Compensation Arrangements [Line Items]
Stock-based Awards, Vesting Period in Years							3 years
Service-Based RSUs [Member] | Maximum [Member]
Stock-based Compensation Arrangements [Line Items]
Stock-based Awards, Vesting Period in Years							4 years

Stock-Based Compensation (Summa

Stock-Based Compensation (Summary of Option Activity) (Details) - $ / shares	3 Months Ended	9 Months Ended
	Jun. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Stock-based Compensation Arrangements, Options, Outstanding [Roll Forward]
Number of Shares Outstanding, Beginning of Period		146,431
Number of Shares, Stock Options Granted		0
Number of Shares, Stock Options Exercised	(909)	0
Number of Shares, Forfeited		(578)
Number of Shares, Expired		(3,479)
Number of Shares Outstanding, End of Period		142,374
Weighted Average Exercise Price Per Share, Outstanding at Beginning of Period		$ 26.77
Weighted Average Exercise Price Per Share, Granted		0
Weighted Average Exercise Price Per Share, Exercised		0
Weighted Average Exercise Price Per Share, Forfeitures		25.75
Weighted Average Exercise Price Per Share, Expired		25.75
Weighted Average Exercise Price Per Share, Outstanding at End of Period		$ 26.8
Stock-based Compensation Arrangements [Abstract]
Risk-free interest rate		0.00%	2.64%
Expected option life		4 years 6 months	4 years 6 months
Expected volatility		0.00%	32.32%
Dividend yield		0.00%	1.98%

Stock-Based Compensation (Sum_2

Stock-Based Compensation (Summary of Stock Options Outstanding and Exercisable) (Details) - USD ($)	9 Months Ended
	Sep. 30, 2019	Dec. 31, 2018
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options Outstanding, Number of Shares	142,374	146,431
Options Outstanding, Weighted Average Remaining Life (Years)	4 years 11 months
Options Outstanding, Weighted Average Exercise Price	$ 26.8	$ 26.77
Options Outstanding, Aggregate Intrinsic Value	$ 0
Options Exercisable, Number of Shares	74,862
Options Exercisable, Weighted Average Remaining Life (Years)	4 years 10 months
Options Exercisable, Weighted Average Exercise Price	$ 26.42
Options Exercisable, Aggregate Intrinsic Value	$ 0
$25.75 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options Outstanding and Exercisable, Lower Price in Range Category	$ 25.75
Options Outstanding and Exercisable, Upper Price in Range Category	$ 25.75
Options Outstanding, Number of Shares	82,353
Options Outstanding, Weighted Average Remaining Life (Years)	4 years 6 months
Options Outstanding, Weighted Average Exercise Price	$ 25.75
Options Outstanding, Aggregate Intrinsic Value	$ 0
Options Exercisable, Number of Shares	54,861
Options Exercisable, Weighted Average Remaining Life (Years)	4 years 6 months
Options Exercisable, Weighted Average Exercise Price	$ 25.75
Options Exercisable, Aggregate Intrinsic Value	$ 0
$28.25 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options Outstanding and Exercisable, Lower Price in Range Category	$ 28.25
Options Outstanding and Exercisable, Upper Price in Range Category	$ 28.25
Options Outstanding, Number of Shares	60,021
Options Outstanding, Weighted Average Remaining Life (Years)	5 years 6 months
Options Outstanding, Weighted Average Exercise Price	$ 28.25
Options Outstanding, Aggregate Intrinsic Value	$ 0
Options Exercisable, Number of Shares	20,001
Options Exercisable, Weighted Average Remaining Life (Years)	5 years 6 months
Options Exercisable, Weighted Average Exercise Price	$ 28.25
Options Exercisable, Aggregate Intrinsic Value	$ 0

Stock-Based Compensation (Sum_3

Stock-Based Compensation (Summary of Non-Vested Restricted Stock Activity) (Details) - $ / shares	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Stock-based Compensation Arrangements, Restricted Stock, Nonvested [Roll Forward]
Shares Outstanding, Beginning of Period	186,603
Shares, Granted	18,674
Shares, Vested	(55,006)
Shares, Forfeited	(2,944)
Shares Outstanding, End of Period	147,327
Weighted Average Grant-Date Fair Value, Outstanding at Beginning of Period	$ 19.91
Weighted Average Grant-Date Fair Value, Granted	23.19
Weighted Average Grant-Date Fair Value, Vested	15.82
Weighted Average Grant-Date Fair Value, Forfeited	21.97
Outstanding at End of Period	$ 21.81
Stock-based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions And Methodology [Abstract]
Risk-free interest rate	0.00%	2.64%
Expected volatility	0.00%	32.32%
Performance-Based and Market-Based RSUs [Member]
Stock-based Compensation Arrangements, Restricted Stock, Nonvested [Roll Forward]
Shares Outstanding, Beginning of Period	191,921
Shares, Granted	95,408
Shares, Forfeited	(233)
Shares, Converted	(8,000)
Cancelled due to non-achievement of market condition	(4,000)
Shares Outstanding, End of Period	275,096
Weighted Average Grant-Date Fair Value, Outstanding at Beginning of Period	$ 17.43
Weighted Average Grant-Date Fair Value, Granted	18.37
Weighted Average Grant-Date Fair Value, Forfeited	25.75
Weighted Average Grant-Date Fair Value, Converted	9.47
Weighted Average Grant-Date Fair Value, Cancelled due to non-achievement of market condition	9.47
Outstanding at End of Period	18.1
Stock-based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions And Methodology [Abstract]
Grant date stock price	$ 21.5	$ 0
Risk-free interest rate	2.16%	0.00%
Expected volatility	26.68%	0.00%
Service-Based RSUs [Member]
Stock-based Compensation Arrangements, Restricted Stock, Nonvested [Roll Forward]
Shares Outstanding, Beginning of Period	61,256
Shares, Granted	74,620
Shares, Forfeited	(4,311)
Shares, Converted	(22,509)
Shares Outstanding, End of Period	109,056
Weighted Average Grant-Date Fair Value, Outstanding at Beginning of Period	$ 27.61
Weighted Average Grant-Date Fair Value, Granted	21.5
Weighted Average Grant-Date Fair Value, Forfeited	23.84
Weighted Average Grant-Date Fair Value, Converted	27.47
Outstanding at End of Period	$ 23.61

Subsequent Events (Narratives)

Subsequent Events (Narratives) (Details) - USD ($) $ / shares in Units, $ in Millions	1 Months Ended
	Oct. 31, 2019	May 30, 2017
Subsequent Event [Line Items]
Stock Repurchase Program, Authorized Amount		$ 10
Subsequent Event [Member]
Subsequent Event [Line Items]
Cash dividend declared on common stock, payable date	Nov. 21, 2019
Cash dividend declared on common stock, date of record	Nov. 11, 2019
Dividends Payable, Amount Per Share	$ 0.14
Dividends Payable	$ 1.7