Marlin Business Services (MRLN) 10-Q 29 Oct 21 2021 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2021	Oct. 22, 2021
Document And Entity Information [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document transition report	false
Entity File Number	000-50448
Entity registrant name	MARLIN BUSINESS SERVICES CORP.
Entity Incorporation, State or Country Code	PA
Entity Tax Identification Number	38-3686388
Address Line 1	300 Fellowship Road
Name of the City or Town	Mount Laurel
Entity Address, State or Province	NJ
Postal or zip code	08054
Area code	888
Phone number	479-9111
Entity current reporting status	Yes
Entity Interactive Data Current	Yes
Security 12b Title	Common Stock, $.01 per share
Entity filer category	Accelerated Filer
Trading Symbol	MRLN
Security Exchange Name	NASDAQ
Entity Shell Company	false
Entity Small Business	false
Entity Emerging Growth Company	false
Entity common stock shares outstanding		12,026,394
Document Fiscal Year Focus	2021
Entity central index key	0001260968
Amendment flag	false
Document Fiscal Period Focus	Q3
Current fiscal year end date	--12-31
Document period end date	Sep. 30, 2021

Consolidated Balance Sheets (Un

Consolidated Balance Sheets (Unaudited) - USD ($)	Sep. 30, 2021	Dec. 31, 2020
ASSETS
Cash and due from banks	$ 4,914,000	$ 5,473,000
Interest-earning deposits with banks	217,346,000	130,218,000
Total cash and cash equivalents	222,260,000	135,691,000
Time deposits with banks	996,000	5,967,000
Restricted interest-earning deposits related to consolidated VIEs	3,202,000	4,719,000
Investment securities (amortized cost $11.5 million at December 31, 2020)	0	11,624,000
Net investment in leases and loans [abstract]
Leases	295,514,000	337,159,000
Loans	525,239,000	532,125,000
Net investment in leases and loans, excluding allowance for credit losses (includes $12.1 million and $30.4 million at September 30, 2021 and December 31, 2020, respectively, related to consolidated VIEs)	820,753,000	869,284,000
Allowance for credit losses	(27,521,000)	(44,228,000)
Total net investment in leases and loans	793,232,000	825,056,000
Intangible assets	5,175,000	5,678,000
Operating lease right-of-use assets	7,268,000	7,623,000
Property and equipment, net	9,359,000	8,574,000
Property tax receivables, net of allowance	9,260,000	6,854,000
Other assets	16,560,000	10,212,000
Total assets	1,067,312,000	1,021,998,000
LIABILITIES AND STOCKHOLDERS' EQUITY
Deposits	783,203,000	729,614,000
Operating lease liabilities	8,134,000	8,700,000
Other liabilities:
Sales and property taxes payable	6,203,000	6,316,000
Accounts payable and accrued expenses	19,086,000	27,734,000
Net deferred income tax liability	23,728,000	22,604,000
Total liabilities	852,030,000	825,633,000
Commitments and contingencies
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; 12,026,429 and 11,974,530 shares issued and outstanding at September 30, 2021 and December 31, 2020, respectively	120,000	120,000
Additional paid-in capital	77,903,000	76,323,000
Accumulated other comprehensive income	0	69,000
Retained earnings	137,259,000	119,853,000
Total stockholders' equity	215,282,000	196,365,000
Total liabilities and stockholders' equity	1,067,312,000	1,021,998,000
Variable Interest Entity, Primary Beneficiary [Member]
Net investment in leases and loans [abstract]
Net investment in leases and loans, excluding allowance for credit losses (includes $12.1 million and $30.4 million at September 30, 2021 and December 31, 2020, respectively, related to consolidated VIEs)	12,100,000	30,400,000
Long-term borrowings related to consolidated VIEs	$ 11,676,000	$ 30,665,000

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) (Unaudited) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Consolidated Balance Sheets [Abstract]
Investment securities at amortized cost	$ 0	$ 11,500
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	12,026,429	11,974,530
Common stock shares outstanding	12,026,429	11,974,530
Variable Interest Entity [Line Items]
Notes receivable gross	$ 820,753	$ 869,284
Variable Interest Entity, Primary Beneficiary [Member]
Variable Interest Entity [Line Items]
Notes receivable gross	$ 12,100	$ 30,400

Consolidated Statements of Oper

Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Consolidated Statements of Operations (Unaudited)
Interest income	$ 17,656	$ 22,398	$ 53,622	$ 73,111
Fee income	2,027	2,803	6,795	8,019
Interest and fee income	19,683	25,201	60,417	81,130
Interest expense	2,594	4,694	8,676	15,802
Net interest and fee income	17,089	20,507	51,741	65,328
Provision for credit losses	(1,183)	7,204	(14,010)	51,160
Net interest and fee income after provision for credit losses	18,272	13,303	65,751	14,168
Non-interest income:
Gain on leases and loans sold	0	87	0	2,426
Insurance premiums written and earned	1,906	2,082	5,847	6,612
Other income	1,700	2,044	9,828	11,172
Non-interest income	3,606	4,213	15,675	20,210
Non-interest expense:
Salaries and benefits	8,162	8,515	24,996	25,702
General and administrative	6,200	4,717	25,823	24,169
Goodwill impairment	0	0	0	6,735
Impairment of intangible assets	0	1,016	0	1,016
Non-interest expense	14,362	14,248	50,819	57,622
Income (loss) before income taxes	7,516	3,268	30,607	(23,244)
Income tax expense (benefit)	2,035	525	8,019	(8,284)
Net income (loss)	$ 5,481	$ 2,743	$ 22,588	$ (14,960)
Basic earnings (loss) per share	$ 0.46	$ 0.23	$ 1.88	$ (1.27)
Diluted earnings (loss) per share	$ 0.45	$ 0.23	$ 1.86	$ (1.27)

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Comprehensive Income
Net income (loss)	$ 5,481	$ 2,743	$ 22,588	$ (14,960)
Other Comprehensive Income:
(Decrease) Increase in fair value of debt securities available for sale	(247)	10	(116)	47
Tax effect	82	(3)	47	(12)
Total other comprehensive (loss) income	(165)	7	(69)	35
Comprehensive income (loss)	$ 5,316	$ 2,750	$ 22,519	$ (14,925)

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($)		Total	Adoption Impact [Member]	Common Stock [Member]	Common Stock [Member]Adoption Impact [Member]	Additional Paid-In Capital [Member]	Additional Paid-In Capital [Member]Adoption Impact [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Accumulated Other Comprehensive Income (Loss) [Member]Adoption Impact [Member]	Retained Earnings [Member]	Retained Earnings [Member]Adoption Impact [Member]
Balance at Dec. 31, 2019		$ 214,956,000		$ 121,000		$ 79,665,000		$ 58,000		$ 135,112,000
Balance (Accounting Standards Update ("ASU") 2016-13 and related ASUs collectively referred to as "CECL" [Member]) at Dec. 31, 2019	[1]		$ (8,877,000)		$ 0		$ 0		$ 0		$ (8,877,000)
Repurchase of common stock		(4,538,000)		(3,000)		(4,535,000)		0		0
Stock issued in connection with restricted stock and RSUs, net of forfeitures		0		1,000		(1,000)		0		0
Stock option compensation recognized		518,000		0		518,000		0		0
Net change in unrealized gain/loss on securities available for sale, net of tax		(38,000)		0		0		(38,000)		0
Net income (loss)		(11,821,000)		0		0		0		(11,821,000)
Cash dividends paid ($0.14 per share)		(1,710,000)		0		0		0		(1,710,000)
Balance at Mar. 31, 2020		188,490,000		$ 119,000		75,647,000		20,000		112,704,000
Balance, Shares at Dec. 31, 2019				12,113,585
Repurchase of common stock, shares				(285,593)
Stock issued in connection with restricted, stock and RSU's, net of forfeitures				56,481
Balance, Shares at Mar. 31, 2020				11,884,473
Balance at Dec. 31, 2019		214,956,000		$ 121,000		79,665,000		58,000		135,112,000
Balance (Accounting Standards Update ("ASU") 2016-13 and related ASUs collectively referred to as "CECL" [Member]) at Dec. 31, 2019	[1]		$ (8,877,000)		$ 0		$ 0		$ 0		$ (8,877,000)
Net income (loss)		(14,960,000)
Balance at Sep. 30, 2020		182,350,000		$ 120,000		75,893,000		93,000		106,244,000
Balance, Shares at Dec. 31, 2019				12,113,585
Balance, Shares at Sep. 30, 2020				11,974,651
Balance at Mar. 31, 2020		188,490,000		$ 119,000		75,647,000		20,000		112,704,000
Issuance of common stock		120,000		0		120,000		0		0
Repurchase of common stock		(12,000)		0		(12,000)		0		0
Stock option compensation recognized		(149,000)		0		(149,000)		0		0
Net change in unrealized gain/loss on securities available for sale, net of tax		66,000		0		0		66,000		0
Net income (loss)		(5,882,000)		0		0		0		(5,882,000)
Cash dividends paid ($0.14 per share)		(1,629,000)		0		0		0		(1,629,000)
Balance at Jun. 30, 2020		181,004,000		$ 119,000		75,606,000		86,000		105,193,000
Balance, Shares at Mar. 31, 2020				11,884,473
Issuance of common stock, shares				14,891
Repurchase of common stock, shares				(1,897)
Stock issued in connection with restricted, stock and RSU's, net of forfeitures				44,780
Balance, Shares at Jun. 30, 2020				11,942,247
Repurchase of common stock		(149,000)		$ 0		(149,000)		0		0
Stock issued in connection with restricted stock and RSUs, net of forfeitures		0		1,000		(1,000)		0		0
Stock option compensation recognized		437,000		0		437,000		0		0
Net change in unrealized gain/loss on securities available for sale, net of tax		7,000		0		0		7,000		0
Net income (loss)		2,743,000		0		0		0		2,743,000
Cash dividends paid ($0.14 per share)		(1,692,000)		0		0		0		(1,692,000)
Balance at Sep. 30, 2020		182,350,000		$ 120,000		75,893,000		93,000		106,244,000
Repurchase of common stock, shares				(18,446)
Stock issued in connection with restricted, stock and RSU's, net of forfeitures				50,850
Balance, Shares at Sep. 30, 2020				11,974,651
Balance at Dec. 31, 2020		196,365,000		$ 120,000		76,323,000		69,000		119,853,000
Repurchase of common stock		(224,000)		0		(224,000)		0		0
Stock option compensation recognized		583,000		0		583,000		0		0
Net change in unrealized gain/loss on securities available for sale, net of tax		(184,000)		0		0		(184,000)		0
Net income (loss)		6,851,000		0		0		0		6,851,000
Cash dividends paid ($0.14 per share)		(1,689,000)		0		0		0		(1,689,000)
Balance at Mar. 31, 2021		$ 201,702,000		$ 120,000		76,682,000		(115,000)		125,015,000
Balance, Shares at Dec. 31, 2020		11,974,530		11,974,530
Repurchase of common stock, shares				(16,038)
Stock issued in connection with restricted, stock and RSU's, net of forfeitures				50,831
Balance, Shares at Mar. 31, 2021				12,009,323
Balance at Dec. 31, 2020		$ 196,365,000		$ 120,000		76,323,000		69,000		119,853,000
Net income (loss)		22,588,000
Balance at Sep. 30, 2021		$ 215,282,000		$ 120,000		77,903,000		0		137,259,000
Balance, Shares at Dec. 31, 2020		11,974,530		11,974,530
Balance, Shares at Sep. 30, 2021		12,026,429		12,026,429
Balance at Mar. 31, 2021		$ 201,702,000		$ 120,000		76,682,000		(115,000)		125,015,000
Repurchase of common stock		(3,000)		0		(3,000)		0		0
Stock option compensation recognized		600,000		0		600,000		0		0
Net change in unrealized gain/loss on securities available for sale, net of tax		280,000		0		0		280,000		0
Net income (loss)		10,256,000		0		0		0		10,256,000
Cash dividends paid ($0.14 per share)		(1,756,000)		0		0		0		(1,756,000)
Balance at Jun. 30, 2021		211,079,000		$ 120,000		77,279,000		165,000		133,515,000
Balance, Shares at Mar. 31, 2021				12,009,323
Repurchase of common stock, shares				(124)
Stock issued in connection with restricted, stock and RSU's, net of forfeitures				17,274
Balance, Shares at Jun. 30, 2021				12,026,473
Repurchase of common stock		(1,000)		$ 0		(1,000)		0		0
Stock option compensation recognized		625,000		0		625,000		0		0
Net change in unrealized gain/loss on securities available for sale, net of tax		(165,000)		0		0		(165,000)		0
Net income (loss)		5,481,000		0		0		0		5,481,000
Cash dividends paid ($0.14 per share)		(1,737,000)		0		0		0		(1,737,000)
Balance at Sep. 30, 2021		$ 215,282,000		$ 120,000		$ 77,903,000		$ 0		$ 137,259,000
Repurchase of common stock, shares				6
Stock issued in connection with restricted, stock and RSU's, net of forfeitures				50
Balance, Shares at Sep. 30, 2021		12,026,429		12,026,429
[1]	(1)

Consolidated Statements of St_2

Consolidated Statements of Stockholders' Equity (Parenthetical) (Unaudited) - $ / shares	3 Months Ended
	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020
Statements Of Stockholders Equity [Abstract]
Cash dividends 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	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Cash flows from operating activities:
Net income (loss)	$ 22,588	$ (14,960)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization	2,848	2,996
Stock-based compensation	1,808	806
Impairment of goodwill and intangible assets	0	7,751
Change in fair value of equity securities	(20)	(89)
Provision for credit losses	(14,010)	51,160
Change in net deferred income tax liability	1,107	(7,777)
Amortization of deferred initial direct costs and fees	7,770	9,244
Gain on equipment disposed	0	116
Gain on leases sold	0	(2,426)
Leases originated for sale	0	(4,882)
Proceeds from sale of leases originated for sale	0	5,123
Noncash lease expense	683	1,365
Adjustment to value of contingent consideration	0	(1,435)
Effect of changes in other operating items:
Other assets	(9,153)	(1,642)
Other liabilities	(10,183)	(311)
Net cash (used in) provided by operating activities	3,438	45,039
Cash flows from investing activities:
Net change in time deposits with banks	4,971	4,471
Purchases of equipment for lease contracts and funds used to originate loans	(289,391)	(298,244)
Principal collections on leases and loans	325,824	356,133
Proceeds from sale of leases originated for investment	0	25,663
Security deposits collected, net of refunds	18	(176)
Proceeds from the sale of equipment	2,148	1,567
Acquisitions of property and equipment	(2,616)	(2,266)
Proceeds received from sale of investment securities	11,567	432
Net cash provided by investing activities	52,521	87,580
Cash flows from financing activities:
Net change in deposits	53,589	(15,425)
Term securitization repayments	(19,080)	(36,538)
Business combinations earn-out consideration payments	(3)	(180)
Issuances of common stock	0	120
Repurchases of common stock	(228)	(4,699)
Dividends paid	(5,185)	(5,021)
Net cash (used in) provided by financing activities	29,093	(61,743)
Net (decrease) increase in total cash, cash equivalents and restricted cash	85,052	70,876
Total cash, cash equivalents and restricted cash, beginning of period	140,410	130,027
Total cash, cash equivalents and restricted cash, end of period	225,462	200,903
Supplemental disclosures of cash flow information:
Cash paid for interest on deposits and borrowings	8,491	17,308
Net cash (received) paid for income taxes	22,591	(5,005)
Leases and loans transferred into held for sale from investment	0	23,460
Supplemental disclosures of non cash investing activities:
Purchase of equipment for lease contracts and loans originated	3,191	2,253
Reconciliation of Cash, cash equivalents and restricted cash to the Consolidated Balance Sheets
Cash and Cash Equivalents	222,260	195,132
Restricted interest-earning deposits	3,202	5,771
Cash, cash equivalents and restricted cash at end of period	$ 225,462	$ 200,903

The Company

The Company	9 Months Ended
	Sep. 30, 2021
The Company [Abstract]
The company	NOTE 1 – The Company We are a nationwide Pennsylvania 2003 . In 2008, we opened Marlin Business Bank (“MBB”), a commercial bank chartered Utah member of the Federal Reserve System, which serves as the Company’s Deposit Insurance Corporation (“FDIC”)-insured deposits. In 2009, subject to the Bank Holding Company Act and in 2010, the Federal Reserve Bank Marlin Business Services Corp.’s pursuant to Sections 4(k) and (l) of the Bank Holding Company Act and Y. Such election permits Marlin Business Services Corp. to engage activity, including AssuranceOne, On April 18, 2021, the Company entered into an Agreement and Plan of Merger Company, Madeira shares of the Company’s common converted into the merger consideration specified Company with and into HPS Merger Sub, with the Company approved the adoption of the Merger Agreement. conditions, termination of its FDIC insured deposits (a process we refer to as “De-banking”). References to the “Company,” wholly-owned subsidiaries, unless the context otherwise requires.

Summary of Significant Accounti

Summary of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2021
Summary of Significant Accounting Policies [Abstract]
Summary of Significant Accounting Policies	NOTE 2 – Summary of Significant Accounting Policies Basis of financial statement presentation. its wholly-owned subsidiaries. Marlin Leasing Corporation (“MLC”) and MBB are managed are aggregated for financial reporting purposes as they exhibit similar economic portfolio and have a single consolidated product offering in consolidation. The accompanying unaudited consolidated financial statements present the results of operations for the three- month periods ended September 30, 2021 and 2020. contain all adjustments, which include normal and recurring adjustments, results of operations for the interim periods presented. conjunction with the consolidated financial statements and note disclosures December 31, 2020, filed with the Securities and Exchange Commission (“SEC”) statements of cash flows for these interim financial statements are not for the respective full years or any other period. Use of Estimates. affect the reported amounts of assets and liabilities and disclosure statements and the reported amounts of revenues and expenses during income recognition, the residual values of leased equipment, the fee receivables, the fair value of financial instruments, estimated losses from could differ from those estimates. Income taxes. Our statutory tax rate, which is a combination of federal and state income taxes, 25.1 % and 25.4 % for the three months ended September 30, 2021 and September 30, 2020, respectively. For the nine months ended September 30, 2021, our effective 26.2 %. For the nine months ended September 30, 2020, our effective tax rate was 35.6 %, driven by a $ 3.2 Relief, and Economic Security Act (“CARES Act”) that allow for For the three and nine-month periods ended September 30, 2021, 27.1 % and 26.2 %, respectively. The Company’s IRS federal audit an IRS refund claim closed in the second quarter of 2021 with no adjustments. 2017 tax year to the present as of September 30, 2021 under regular statute Significant Accounting Policies. There have been no significant changes to our Significant Accounting Annual Report on Form 10-K for the year ended December 31, Recently Adopted Accounting Standards . Credit Losses. ASU 2016-13, Financial Instruments - Credit Losses (Topic ASUs collectively referred to as “CECL”. The Company adopted the guidance in these ASUs, effective January new standard’s provisions which the guidance was effective (i.e., modified retrospective December 31, 2020 for a detailed discussion of our adoption of Income Taxes . In December 2019, the FASB Income Taxes, which its application. fiscal years beginning after December 15, 2020, including interim periods January 1, 2021, and the adoption did not have a material impact on our

Non-Interest Income

Non-Interest Income	9 Months Ended
	Sep. 30, 2021
Non-interest Income [Abstract]
Non-interest Income [Text Block]	NOTE 3 – Non-Interest Income The following table summarizes non-interest income for the periods Three Months Ended Nine Months Ended September 30, September 30, (Dollars in thousands) 2021 2020 2021 2020 Insurance premiums written and earned $ 1,906 $ 2,082 $ 5,847 $ 6,612 Gain on sale of leases and loans — 87 — 2,426 Other income: Property tax income 149 123 5,190 5,247 Servicing income 270 462 963 1,517 Net (loss) gain recognized during the period on investment securities (3) — (59) 89 Non-interest income - other than from contracts with customers 2,322 2,754 11,941 15,891 Other income: Insurance policy fees 749 819 2,268 2,610 Property tax administrative fees on leases 213 243 622 713 ACH payment fees 62 35 184 143 Referral fees 26 15 57 123 Other 234 347 603 730 Non-interest income from contracts with customers 1,284 1,459 3,734 4,319 Total non-interest $ 3,606 $ 4,213 $ 15,675 $ 20,210

Investment securities

Investment securities	9 Months Ended
	Sep. 30, 2021
Investment securities [Abstract]
Investment securities [Text Block]	NOTE 4 - Investment Securities In accordance with the Merger Agreement and De-banking in the third quarter of 2021 and recognized an immaterial gain on The Company had the following investment securities as of the dates presented: September 30, December 31, (Dollars in thousands) 2021 2020 Equity Securities Mutual fund $ — $ 3,760 Debt Securities, Available Asset-backed securities ("ABS") — 3,719 Municipal securities — 4,145 $ — $ 11,624 The following schedule summarizes changes in fair value of equity securities and period presented: Three Months Ended September 30, Nine Months Ended September 30, (Dollars in thousands) 2021 2020 2021 2020 Net gains (losses) recognized during the period on equity securities $ 75 $ — $ 20 $ 89 Less: Net gains (losses) recognized during the period 75 — 20 — Unrealized gains recognized during the reporting period $ — $ — $ — $ 89 Available for There are no available for sale investments as of September 30, 2021 investments in the third quarter of 2021 resulting in immaterial gains in the The following schedules unrealized losses on available for sale securities in the Company’s those securities have been in a continuous loss position as of December 31, 2020 Gross Gross Amortized Unrealized Unrealized Estimated Cost Gains Losses Fair Value (Dollars in thousands) ABS $ 3,666 $ 53 $ — $ 3,719 Municipal securities 4,082 64 (1) 4,145 $ 7,748 $ 117 $ (1) $ 7,864 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) Municipal securities $ (1) $ 141 $ — $ — $ (1) $ 141 Total available for sale investment securities $ (1) $ 141 $ — $ — $ (1) $ 141

Net Investment in Leases and Lo

Net Investment in Leases and Loans	9 Months Ended
	Sep. 30, 2021
Net Investment in Leases and Loans [Abstract]
Net Investment in Leases and Loans	NOTE 5 – Net Investment in Leases and Loans Net investment in leases and loans consists of the following: September 30, 2021 December 31, 2020 (Dollars in thousands) Minimum lease payments receivable $ 308,479 $ 354,298 Estimated residual value of equipment 24,999 26,983 Unearned lease income, net of initial direct costs and fees deferred (37,560) (43,737) Security deposits (404) (385) Total leases 295,514 337,159 Commercial loans, net of origination costs and fees deferred Working 31,178 20,034 CRA (1) 1,019 1,091 Equipment loans (2) 414,392 449,149 CVG 78,650 61,851 Total commercial 525,239 532,125 Net investment in leases and loans, excluding allowance 820,753 869,284 Allowance for credit losses (27,521) (44,228) Total net investment $ 793,232 $ 825,056 CRA loans are comprised of loans originated under a line of credit to satisfy its obligations under the Community Reinvestment Act of 1977 (“CRA”). (2) Equipment loans are comprised of Equipment Finance Agreements, Installment Purchase Agreements and other loans. In response to COVID-19, starting in mid-March 2020, the Company order to assist our small-business customers. At September 30, 2021, $ 12.8 backed securitization balance and $ 55.9 capacity at the Federal Reserve Discount Window. The amount of deferred initial direct costs and origination costs net of fees deferred 13.6 14.6 September 30, 2021 and December 31, 2020, respectively. income using the effective interest method. Origination effective interest method. At September 30, 2021 and 20.8 21.9 estimated residual value of equipment retained on our Consolidated Balance Maturities of lease receivables fees deferred, were as follows as of September 30, 2021: Minimum Lease Payments Net Income Receivable (1) Amortization (2) (Dollars in thousands) Period Ending December 31, Remainder of 2021 $ 33,951 $ 7,902 2022 120,586 16,069 2023 80,663 8,510 2024 45,306 3,668 2025 20,550 1,221 Thereafter 7,423 190 $ 308,479 $ 37,560 Represents the undiscounted cash flows of the lease payments receivable. (2) Represents the difference between the undiscounted cash flows and the discounted cash flows. The lease income recognized was as follows: Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 (Dollars in thousands) Interest Income $ 6,070 $ 8,357 $ 19,073 $ 25,977 As of September 30, 2021 and December 31, 2020, the Company maintained basis with net investment of $ 10.1 14.3 discussion of loan modifications due to COVID-19. Portfolio Sales The Company has historically originated certain lease and loans for specifications. for investment to third parties. For agreements that qualify as a sale where the Company has continuing servicing liability at its initial fair value, and then amortizes the liability over method, within Other income in the Consolidated Statements of Operations. a stated servicing fee, so the initial value recognized as a servicing liability estimate of the fair value attributable to that obligation. 0.7 1.3 September 30, 2021, and December 31, 2020, respectively, Consolidated Balance Sheets. was $ 146 230 In addition, the Company may have continuing involvement in contracts customary representations and warranties The following table summarizes information related to portfolio Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 (Dollars in thousands) Sales of leases and loans $ — $ 4,286 $ — $ 28,342 Gain on sale of leases and loans — 87 — 2,426

Allowance for Credit Losses

Allowance for Credit Losses	9 Months Ended
	Sep. 30, 2021
Allowance For Credit Losses [Abstract]
Allowance For Credit Losses	NOTE 6 – Allowance for Credit Losses Effective January 1, 2020, we ASU 2016-13 and related ASUs collectively referred to as CECL , incurred loss model with a measurement of expected credit losses for the contractual and leases. this guidance . The following tables summarize activity in the allowance for credit Three Months Ended September 30, 2021 (Dollars in thousands) Equipment Finance Working Capital Loans CVG CRA Total Allowance for credit losses, beginning of period $ 19,718 $ 1,003 $ 8,036 $ — $ 28,757 (2,407) (262) (27) — (2,696) 1,273 158 85 — 1,516 Net charge-offs (1,134) (104) 58 — (1,180) Realized cashflows from Residual Income 1,127 — — — 1,127 (1,334) 300 (149) — (1,183) Allowance for credit losses, end of period $ 18,377 $ 1,199 $ 7,945 $ — $ 27,521 Net investment in leases and loans, before allowance $ 717,697 $ 31,178 $ 70,859 $ 1,019 $ 820,753 Three Months Ended September 30, 2020 (Dollars in thousands) Equipment Finance Working Capital Loans CVG CRA & PPP Total Allowance for credit losses, beginning of period $ 48,550 $ 7,962 $ 7,132 $ — $ 63,644 (10,509) (633) (524) — (11,666) 983 101 94 — 1,178 (9,526) (532) (430) — (10,488) Realized cashflows from Residual Income 965 — — — 965 7,226 (3,974) 3,952 — 7,204 Allowance for credit losses, end of period $ 47,215 $ 3,456 $ 10,654 $ — $ 61,325 Net investment in leases and loans, before allowance $ 803,689 $ 26,472 $ 76,778 $ 1,114 $ 908,053 Nine Months Ended September 30, 2021 (Dollars in thousands) Equipment Finance Working Capital Loans CVG CRA Total Allowance for credit losses, beginning of period $ 33,184 $ 1,206 $ 9,838 $ — $ 44,228 (8,556) (813) (1,176) — (10,545) 3,933 432 308 — 4,673 Net charge-offs (4,623) (381) (868) — (5,872) Realized cashflows from Residual Income 3,175 — — — 3,175 (13,359) 374 (1,025) — (14,010) Allowance for credit losses, end of period $ 18,377 $ 1,199 $ 7,945 $ — $ 27,521 Net investment in leases and loans, before allowance $ 717,697 $ 31,178 $ 70,859 $ 1,019 $ 820,753 Nine Months Ended September 30, 2020 (Dollars in thousands) Equipment Finance Working Capital Loans CVG CRA & PPP Total Allowance for credit losses, December 31, 2019 $ 18,334 $ 1,899 $ 1,462 $ — $ 21,695 Adoption of ASU 2016-13 (CECL) (1) 9,264 (3) 2,647 — 11,908 Allowance for credit losses, beginning of period $ 27,598 $ 1,896 $ 4,109 $ — $ 33,603 (24,723) (2,598) (2,157) — (29,478) 2,237 156 257 — 2,650 (22,486) (2,442) (1,900) — (26,828) Realized cashflows from Residual Income 3,390 — — — 3,390 38,713 4,002 8,445 — 51,160 Allowance for credit losses, end of period $ 47,215 $ 3,456 $ 10,654 $ — $ 61,325 Net investment in leases and loans, before allowance $ 803,689 $ 26,472 $ 76,778 $ 1,114 $ 908,053 (1) Financial Instruments - Credit Losses (Topic Financial Instruments , which changed our accounting policy and estimated allowance, discussion in Note 2, “Summary of Significant Accounting Policies”, and Estimate of Current Expected Credit Losses (CECL) The Company uses a vintage loss model as the approach to estimate and measure its expected and for all pools, primarily because the timing of the losses realized has been company is able to develop a predictable and reliable loss curve for each separate to vintages by origination date, measures our historical average actual loss curve based on the averages of all vintages, and predicts (or forecasts) the remaining by applying the expected net loss rates to the remaining life of each open vintage. Additional detail specific to the measurement of each portfolio segment Equipment Finance: Equipment Finance consists of Equipment Finance Agreements, Installment The risk characteristics referenced to develop pools of Equipment credit score ratings, which is a measurement that combines many risk scores, existence of a guarantee, and various characteristics of the borrower’s measured a pool of true leases so that any future cashflows from residuals could that pool. The Company’s measurement analyzed the correlation of its own loss data from 2004 to 2019 against various approach for reasonable and supportable forecast. forecast about the future, specifically the unemployment rate and growth methodology reverts from the forecast data to its own loss data adjusted for variables, on a straight-line basis. At each reporting date, the Company considers current conditions, including environment, when determining the appropriate measurement of portfolio. line reversion period, based on its initial assessment of the appropriate timing. However, starting with the March 31, 2020 period and 12-month straight line reversion period. based on observed market volatility in March 2020. During the first quarter COVID 12-month forecast period and 12-month straight line reversion and third quarters of 2021 as uncertainty in the macroeconomic environment stabilized with low net charge-offs benefits for Equipment Finance of $ 1.3 13.4 respectively, as compared 7.2 38.7 the COVID-19 pandemic. Working Capital: The risk characteristics referenced to develop pools of Working considering an estimation of loss for direct-sourced loans versus loans that were historical relationship with its direct-sourced customers typically results in a lower from brokers where the Company has no prior credit relationship with the customer. The Company’s measurement Working duration, the Company did not define a standard methodology to adjust conditions. conditions and the environment that will impact the performance of these adjustment. At each reporting date, the Company considers current conditions, including environment, when determining the appropriate measurement of portfolio. However, starting with its March 31, 2020 conditions due to COVID-19, the Company developed alternate scenarios characteristics of its portfolio, During the third quarter, the Company favorable actual portfolio performance during the quarter portfolio. 0.3 30, 2021, bringing the total provision associated with Working 0.4 30, 2021. Commercial Vehicle Transportation-related equipment leases and characteristics to be significant enough to warrant disaggregating this population. The Company’s measurement from an external source. The Company has limited history of this product, appropriate to develop an estimate based on a combination of internal history of performance of this segment, and the limited size of the portfolio, methodology to adjust its loss estimate based on a forecast of economic conditions. assess through a qualitative adjustment whether there are changes in conditions performance of these loans that should be considered for qualitative adjustment. At each reporting date, the Company considers current conditions, including environment, when determining the appropriate measurement for January 1, 2020 adoption date, there were no qualitative adjustment to the CVG portfolio. 31, 2020 measurement, driven by the elevated risk of credit loss driven by market Company developed alternate scenarios for expected credit loss for magnitudes of potential exposures. Beginning in the first quarter of 2021, the Company updated its expectation for separately assessing the elevated risks of a population of motor coach industry contracts from COVID-19. While the segment continues to evidence negative impacts delinquency and modification balances, it is also experiencing positive including no further significant reduction in collateral values resulted prior quarter at $ 4.7 Community Reinvestment Act (CRA) Loans: CRA loans are comprised of loans originated under a line of credit to satisfy the Company does not measure an allowance specific to this population because For the three and nine-months ended September 30, 2021, the Company recognized 1.2 14.0 million, respectively, Our reserve as of September 30, 2021, and the qualitative and economic historical loss experience, including loss experience through the 2008 on our judgements about the extent of the impact of the COVID-19 pandemic. extent and timing of impacts from COVID-19 on unemployment rates and business expectations of the performance of our portfolio in the current environment. or revise our estimate of credit losses in the future, and such amounts portfolio, including the performance of the modified portfolio, (ii) developments or unforeseen circumstances that impact our portfolio. Loan Modification Program: In response to COVID-19, starting in mid-March 2020, the Company order to assist its customers that requested relief and were current under their existing allows for up to 6 months of fully deferred or reduced payments. As of September program has been terminated, with future modifications considered As of September 30, 2021, the Company had 3,460 69.5 0.5 million were out of the deferral period. Out of the deferral period loans in deferral period, the deferral may either be full, with zero payment payments during deferral that are primarily 25 %- 50 % of schedule, or the deferral period payment may be a nominal amount. Total resolved 311 7.0 1,848 paid in full. TDRs are restructurings of leases and loans in which, due to the borrower's financial would not otherwise consider for borrowers of similar credit quality. 2020, that the FASB concurred September 30, 2021, the Company had $ 10.3 Credit Quality At origination, the Company utilizes an internally developed credit decisions for new contracts. external credit scores, existence of a guarantee, and various characteristics used to create pools of loans for analysis in the Company’s believe this segmentation allows our loss modeling to properly reflect changes adjustments to underwriting standards. provision. On an ongoing basis, to monitor the credit quality of its portfolio, the portfolio and delinquency migration to monitor risk and default trends the credit quality of our portfolio on an ongoing basis because it reflects the current of near-term charge-offs and can help The following tables provide information about delinquent leases and loans in as-of the dates presented. In particular, below delinquency table and the non-accrual information for September terms. Portfolio by Origination Year as of Total 2021 2020 2019 2018 2017 Prior Receivables (Dollars in thousands) Equipment Finance 30-59 $ 612 $ 688 $ 1,149 $ 435 $ 230 $ 31 $ 3,145 60-89 179 146 584 277 78 28 1,292 90+ 91 266 323 197 90 31 998 Total Past Due 882 1,100 2,056 909 398 90 5,435 Current 203,688 196,444 192,259 83,310 32,507 4,054 712,262 Total 204,570 197,544 194,315 84,219 32,905 4,144 717,697 Working Capital 30-59 224 26 — — — — 250 60-89 51 — 43 — — — 94 90+ — 24 — — — — 24 Total Past Due 275 50 43 — — — 368 Current 28,626 1,901 283 — — — 30,810 Total 28,901 1,951 326 — — — 31,178 CVG 30-59 — — — 7 2 41 50 60-89 51 157 91 14 — — 313 90+ — — 74 55 — — 129 Total Past Due 51 157 165 76 2 41 492 Current 21,695 13,879 23,270 8,735 2,393 395 70,367 Total 21,746 14,036 23,435 8,811 2,395 436 70,859 CRA Total Past Due — — — — — — — Current 1,019 — — — — — 1,019 Total 1,019 — — — — — 1,019 Net investment in leases and loans, before allowance $ 256,236 $ 213,531 $ 218,076 $ 93,030 $ 35,300 $ 4,580 $ 820,753 Portfolio by Origination Year as of Total 2020 2019 2018 2017 2016 Prior Receivables (Dollars in thousands) Equipment Finance 30-59 $ 1,162 $ 1,526 $ 1,349 $ 690 $ 292 $ 14 $ 5,033 60-89 367 1,111 463 532 130 6 2,609 90+ 503 1,370 804 377 199 16 3,269 Total Past Due 2,032 4,007 2,616 1,599 621 36 10,911 Current 265,036 276,140 138,142 65,722 18,805 1,615 765,460 Total 267,068 280,147 140,758 67,321 19,426 1,651 776,371 Working Capital 30-59 125 481 — — — — 606 60-89 — 135 — — — — 135 90+ — — — — — — — Total Past Due 125 616 — — — — 741 Current 12,741 6,528 24 — — — 19,293 Total 12,866 7,144 24 — — — 20,034 CVG 30-59 591 1,039 173 29 21 — 1,853 60-89 — 69 33 — 68 — 170 90+ — 340 179 5 11 — 535 Total Past Due 591 1,448 385 34 100 — 2,558 Current 17,065 30,805 13,733 5,938 1,659 30 69,230 Total 17,656 32,253 14,118 5,972 1,759 30 71,788 CRA Total Past Due — — — — — — — Current 1,091 — — — — — 1,091 Total 1,091 — — — — — 1,091 Net investment in leases and loans, before allowance $ 298,681 $ 319,544 $ 154,900 $ 73,293 $ 21,185 $ 1,681 $ 869,284 Net investments in Equipment Finance and CVG leases and loans are generally 120 days or more. Income recognition resumes when a lease or loan becomes less than 90 2020, there were no Working past due. classified as a troubled loan current and reviewed by management. At September 30, no past due 30 days or more and still accruing. The following tables provide information about non-accrual leases and loans: September 30, December 31, (Dollars in thousands) 2021 2020 Equipment Finance $ 2,485 $ 5,543 Working 139 932 CVG 7,495 7,814 Total $ 10,119 $ 14,289

Goodwill and Intangible Assets

Goodwill and Intangible Assets	9 Months Ended
	Sep. 30, 2021
Goodwill and Intangible Assets [Abstract]
Goodwill and Intangible Assets [Text Block]	NOTE 7 - Goodwill and Intangible Assets Goodwill In the first quarter of 2020, driven by negative Company concluded that the implied fair value of its $ 6.7 impairment equal to the $ 6.7 Intangible assets The following table presents details of the Company’s Gross Carrying Accumulated Net (Dollars in thousands) Useful Life Amount Amortization Value Vendor 11 years $ 7,290 $ 2,134 $ 5,156 Corporate trade name 7 years 60 41 19 $ 7,350 $ 2,175 $ 5,175 The Company’s intangible Financial, Company has no There was no Company’s definite lived 0.5 0.6 and September 30, 2020, respectively. The Company expects the amortization expense for the next five years Amortization (Dollars in thousands) Expense Remainder of 2021 $ 168 2022 671 2023 671 2024 663 2025 663

Other Assets

Other Assets	9 Months Ended
	Sep. 30, 2021
Other Assets [Abstract]
Other Assets	NOTE 8 – Other Assets Other assets are comprised of the following: September 30, December 31, 2021 2020 (Dollars in thousands) Accrued fees receivable $ 2,289 $ 2,928 Prepaid expenses 2,404 2,790 Income taxes receivable 8,214 — Federal Reserve Bank Stock 1,711 1,711 Other 1,942 2,783 $ 16,560 $ 10,212

Deposits

Deposits	9 Months Ended
	Sep. 30, 2021
Deposits [Abstract]
Deposits	NOTE 9 – Deposits MBB serves as the Company’s primary through various brokered deposit relationships and fixed-rate FDIC-insured insured money market deposit accounts (the “MMDA Product”) through product. This brokered deposit product has a variable rate, no maturity date recorded as a single deposit account at MBB. As of September 30, 2021, 55.0 As of September 30, 2021, the scheduled maturities of certificates of deposits are Scheduled Dollars in thousands Maturities Period Ending December 31, Remainder of 2021 $ 391,752 2022 204,023 2023 91,829 2024 33,321 2025 9,054 Total $ 729,979 Certificates of deposits issued by MBB are time deposits and are generally issued in 250,000 Product is also issued to customers in amounts less than $ 250,000 . The FDIC insures deposits up to $ 250,000 weighted average all-in interest rate of deposits at September 30, 2021 1.07 %. See Note 14 – Subsequent Events brokered certificates of deposit held through The Depository Trust

Debt and Financing Arrangements

Debt and Financing Arrangements	9 Months Ended
	Sep. 30, 2021
Debt and Financing Arrangements [Abstract]
Debt and Financing Arrangements [Text Block]	NOTE 10 – Debt and Financing Arrangements Long-term Borrowings Borrowings with an original maturity date of one year or more are classified securitizations are classified as long-term borrowings. The balance of long-term borrowings consisted of the following: September 30, December 31, 2021 2020 (Dollars in thousands) Term securitization $ 11,719 $ 30,800 Unamortized debt issuance costs (43) (135) $ 11,676 $ 30,665 Long-term Borrowings On July 27, 2018, the Company completed a $ 201.7 securitization has a fixed term, fixed interest rate and fixed principal amount. amounted to $ 11.7 12.8 3.2 restricted interest-earning deposits. The Company’s The term note securitization is summarized below: Outstanding Balance as of Notes Final Original September 30, December 31, Originally Maturity Coupon 2021 2020 Issued Date Rate (Dollars in thousands) 2018 — 1 $ — $ — $ 77,400 July, 2019 2.55 % — — 55,700 October, 2020 3.05 — — 36,910 April, 2023 3.36 — 9,560 10,400 May, 2023 3.54 1,869 11,390 11,390 June, 2023 3.70 5,470 5,470 5,470 July, 2023 3.99 4,380 4,380 4,380 May, 2025 5.02 Total Term $ 11,719 $ 30,800 $ 201,650 3.05 % (1)(2) (1) Represents the original weighted average initial coupon rate for all tranches interest, term note securitizations have other transaction costs which are amortized interest expense. The weighted average coupon rate of the 2018-1 term note securitization borrowing. Based on current expected cashflows of leases underlying our term note as of September 30, 2021 as follows: Principal Interest (Dollars in thousands) Period Ending December 31, Remainder of 2021 $ 3,137 $ 121 2022 8,582 $ 159 $ 11,719 $ 280 Federal Funds Line of Credit with Correspondent Bank MBB has established a federal funds line of credit with a correspondent bank. federal funds. The amount that can be drawn against the line is limited to $ 25.0 2020, there were no Federal Reserve Discount Window In addition, MBB has received approval to borrow from the Federal chooses to pledge. MBB had $ 50.2 $ 55.9

Fair Value Measurements and Dis

Fair Value Measurements and Disclosures about the Fair Value of Financial Instruments	9 Months Ended
	Sep. 30, 2021
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 11 – Fair Value Fair Value Fair value is defined in GAAP as the price that would be received to sell an asset or the price that would on the measurement date. GAAP focuses on the exit price in the principal or orderly transaction between market participants. A three-level valuation measurements based upon the transparency of inputs to the valuation of hierarchy gives the highest priority to quoted prices (unadjusted) in active lowest priority to unobservable inputs (Level 3). The level in the fair value hierarchy entirety falls is determined based on the lowest level input that is significant to In accordance with the Merger Agreement and De-banking in the third quarter of 2021. The Company’s balances measured 31, 2020: September 30, 2021 December 31, 2020 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 $ — $ — $ — $ — $ 3,719 $ — Municipal securities — — — — 4,145 — Mutual fund — — — 3,760 — — At this time, the Company has not elected to report any assets and liabilities no between Level 1 and Level 2 of the fair value hierarchy for any of the periods Non-Recurring Measurements Non-recurring fair value measurements include assets and liabilities that Fair value measurements. Non-recurring measurements include the Company’s impairment, and the Company’s liability. For the nine months ended September 30, 2021, there were no significant Operations in connection with non-recurring fair value measurements. For the nine months ended September 30, 2020, the Company recognized 6.7 further in Note 7 - Goodwill and Intangible Assets . Fair Value The following summarizes the carrying amount and estimated fair not measured at fair value on a recurring basis: September 30, 2021 December 31, 2020 Carrying Fair Carrying Fair Amount Value Amount Value (Dollars in thousands) Financial Assets Cash and cash equivalents $ 222,260 $ 222,260 $ 135,691 $ 135,691 Time deposits with banks 996 1,000 5,967 6,003 Restricted interest-earning deposits with banks 3,202 3,202 4,719 4,719 Loans, net of allowance 504,335 513,431 500,768 507,362 Federal Reserve Bank Stock 1,711 1,711 1,711 1,711 Financial Liabilities $ 783,203 $ 790,175 $ 729,614 $ 742,882 11,676 11,961 30,665 31,114 There have been no significant changes in the methods and assumptions used outlined in our consolidated financial statements and note disclosures in 2020.

Earnings Per Share

Earnings Per Share	9 Months Ended
	Sep. 30, 2021
Earnings Per Share [Abstract]
Earnings Per Share	NOTE 12 – Earnings Per Share The Company’s restricted stock securities. Accordingly, allocated to both common stock and participating securities. Basic EPS has been computed by dividing net income or loss allocated to common used in computing basic EPS. For the computation of basic EPS, all shares of average shares outstanding. Diluted EPS has been computed by dividing net income or loss allocated to common common shares used in computing basic EPS, further adjusted by including the common stock equivalents, such as stock options, into shares of comm The following table provides net income and shares used in computing basic Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 (Dollars in thousands, except per-share data) Basic EPS Net income (loss) $ 5,481 $ 2,743 $ 22,588 $ (14,960) Less: net income allocated to participating securities (69) (36) (281) — Net income (loss) allocated to common stock $ 5,412 $ 2,707 $ 22,307 $ (14,960) Weighted average 12,026,443 11,946,549 12,007,963 11,951,375 Less: Unvested restricted stock awards considered participating securities (150,339) (155,408) (149,462) (142,186) Adjusted weighted average common shares used in computing basic EPS 11,876,104 11,791,141 11,858,501 11,809,189 Basic EPS $ 0.46 $ 0.23 $ 1.88 $ (1.27) Diluted EPS Net income (loss) allocated to common stock $ 5,412 $ 2,707 $ 22,307 $ (14,960) Adjusted weighted average common shares used in computing basic EPS 11,876,104 11,791,141 11,858,501 11,809,189 Add: Effect of dilutive stock-based compensation 186,146 41,272 113,767 — Adjusted weighted average common shares used in computing diluted EPS 12,062,250 11,832,413 11,972,268 11,809,189 Diluted EPS $ 0.45 $ 0.23 $ 1.86 $ (1.27) For the three-month periods ended September 30, 2021 and September compensation awards in the amount of 112,216 230,428 , respectively, were considered considered in the computation of potential common shares for purposes of For the nine-month periods ended September 30, 2021 and September compensation awards in the amount of 132,619 286,349 , respectively, were considered considered in the computation of potential common shares for purposes of

Stockholders' Equity

Stockholders' Equity	9 Months Ended
	Sep. 30, 2021
Stockholders' Equity [Abstract]
Stockholders' Equity	NOTE 13 – Stockholders’ Equity Share Repurchases During the three month and nine-month periods ended September no t purchase any shares of its common stock under the stock repurchase plan approved by the Company’s Plan”). During the three-month period ended September 30, 2020, the Company no t purchase any shares of its common stock under the 2019 Repurchase Plan. 264,470 common stock under the 2019 Repurchase Plan at an average cost of $ 16.09 At September 30, 2021, the Company had $ 4.7 Merger Agreement, the Company may not repurchase shares of without the prior written consent of Madeira Holdings, LLC. In addition to the repurchases described above, participants in the Company’s shareholders Company’s shareholders 2021, the “2019 Plan”) may have shares withheld to cover income taxes. During and September 30, 2020, there were 36 18,446 and the 2019 Plan at an average cost of $ 22.44 8.06 September 30, 2021 and September 30, 2020, there were 16,198 41,466 connection with shares granted under the 2014 Plan and the 2019 14.07 10.70 , respectively. Regulatory Capital Requirements Through its issuance of FDIC-insured deposits, MBB serves as the Company’s other products and services to the Company’s commercial bank, insured by the FDIC. As a state-chartered Federal Reserve Reserve Bank of San Francisco and the Utah Department of Financial Institutions. The Company and MBB are subject to capital adequacy regulations issued based capital and leverage guidelines make regulatory capital requirements more banking organizations and consider off and/or the U.S. Congress may determine to increase capital requirements Under the capital adequacy regulation, at least half of a banking organization’s defined in the regulations, comprised of common equity, preferred stock. The remaining capital, "Tier amount of term subordinated debt or a limited amount of the reserve for possible leverage ratios for banking organizations, which risk-based capital standards principally address credit risk rather than organizations are expected to maintain capital in excess The Company and MBB operate under the Basel III capital adequacy standards. leverage ratio of 4 %, minimum Tier 1 risk-based ratio of 6 %, and a total risk-based capital ratio of 8 %. standards established a new common equity Tier 4.5 % minimum ( 6.5 % to be considered well-capitalized). The Company is required to have a level of capital buffer above 2.5 %. If a banking organization does not maintain capital above the it may be subject to restrictions on dividends, share buybacks, and certain discretionary CMLA Agreement. On March 25, 2020, MBB received notice from the FDIC that it had approved nonstandard conditions in the FDIC’s March 26, 2020, the FDIC, the Company and certain of the Company’s Agreement (the “CMLA Agreement”) and the Parent Company its subsidiaries and the FDIC in conjunction with the opening of MBB. As a result of pursuant to the CMLA Agreement to maintain a total risk-based capital ratio 15 %. Rather, MBB must continue to maintain a total risk-based capital ratio above 8 % to be considered adequately capitalized and above 10 % to be considered well-capitalized as defined by banking regulations, while the Company must continue to immediately preceding paragraph. subject to the restrictions outlined in Title bank dividends, including restricting dividends for any year to the amount of cumulative dividends paid over that period. would require prior approval of the Federal Reserve Board of Governors. CFR 208.5 to pay dividends to the Company without explicit approval from MBB’s Tier 1 165.9 and qualified MBB for “well-capitalized” status. At September 30, 2021, requirements and was considered “well-capitalized” as defined by federal Agreement. CECL Capital Transition. The Company adopted CECL, or a new measurement methodology for 1, 2020, as discussed further in Note 2—Summary of Significant Accounting capital requirements give entities the option of delaying for two years the by a three-year transition period to phase out the aggregate amount of has elected to avail itself of the five-year transition. delay the Company shall prepare: (i) a measurement of its estimated allowance sheets; and (ii) a measurement of its estimated allowance under the regulatory calculation. Company’s capital during the two-year such that 25 % of the transitional amounts will be included in the first year, 25 % over each of the next two years, such that we will have phased in 75 % of the adjustment during year three. completely reflected the effects of CECL in its regulatory The following table sets forth the Tier 1 leverage and total risk-based capital ratio for Marlin Business Services Corp. and MBB at September Minimum Capital Well-Capitalized Capital Actual Requirement Requirement Ratio Amount Ratio Amount Ratio Amount (Dollars in thousands) Tier 1 Leverage Capital 21.71% $ 217,465 4.00% $ 40,076 5.00% $ 50,095 17.84% $ 165,937 4.00% $ 37,210 5.00% $ 46,513 Common Equity Tier 1 Risk-Based Capital 25.33% $ 217,465 4.50% $ 38,640 6.50% $ 55,813 20.67% $ 165,937 4.50% $ 36,131 6.50% $ 52,189 Tier 1 Risk-based Capital 25.33% $ 217,465 6.00% $ 51,519 8.00% $ 68,693 20.67% $ 165,937 6.00% $ 48,174 8.00% $ 64,232 Total 26.60% $ 228,405 8.00% $ 68,693 10.00% $ 85,866 21.94% $ 176,181 8.00% $ 64,232 10.00% $ 80,290 Prompt Corrective Action . regulators to take prompt corrective action against any undercapitalized institution. under federal banking regulations: critically undercapitalized. measure. minimum level for each relevant capital measure. Undercapitalized institutions level for one or more relevant capital measures. significantly below the minimum requirements for any relevant capital institutions with minimal capital and at serious risk for government seizure. Under certain circumstances, a well-capitalized, adequately capitalized or institution were in the next lower capital category. including paying dividends, or paying management fees to a holding company Institutions that are adequately capitalized but not well-capitalized waiver from the FDIC and are subject to restrictions on the interest rates that can institutions may not accept, renew or roll over brokered deposits. The federal bank regulatory agencies are permitted or, falling within one of the three undercapitalized categories. powers include, among other things: • • • • • • • A banking institution that is undercapitalized is required to submit a capital unless, among other things, the banking institution’s guarantee from a depository institution’s MBB’s total risk-based capital 21.94 % at September 30, 2021 exceeded the threshold for “well capitalized” status under applicable laws and regulations. Dividends . established assessment process for maintaining capital commensurate affect the ability of the organizations to pay dividends. operating earnings, dividends may be paid if the distribution is prudent relative after consideration of current and prospective economic conditions. As mentioned Company is subject to various regulatory requirements, including 208.5), which places limitations on bank dividends. Furthermore, as a bank holding to its shareholders is also subject to various regulatory requirements, including Applying Supervisory Guidance and Regulations on the Payment of Dividends, Stock Redemptions Pursuant to the Merger Agreement, the Company any dividends, other than the Company’s 0.14

Subsequent Events

Subsequent Events	9 Months Ended
	Sep. 30, 2021
Subsequent Events [Abstract]
Events Subsequent to Year-End	NOTE 14 – Subsequent Events Quarterly Dividend The Company declared a dividend of $ 0.14 dividend payment of approximately $ 1.7 November 18, 2021 of business on November 8, 2021 . It represents the Company’s forty-first dividends will be subject to satisfaction of regulatory requirements appli Company’s Board of Directors. consent of Madeira Holdings, LLC, declare or pay any future dividends other an amount not to exceed $ 0.14 Deposit Assignment & Assumption Agreement. On October 8, 2021, MBB entered into an agreement to transfer its portfolio of Depository Trust Company with an outstanding 204.8 Corporation (“FDIC”)-insured depository institution. pay the acquiror at the time of transfer, in addition on the deposits as of the transfer date plus a sum of $ 750,000 . (among other customary closing conditions) the approval of the Utah Department Section 18(c) of the Federal Deposit Insurance Act, expected to occur in late December

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2021
Summary of Significant Accounting Policies [Abstract]
Basis of financial statement presentation	Basis of financial statement presentation. its wholly-owned subsidiaries. Marlin Leasing Corporation (“MLC”) and MBB are managed are aggregated for financial reporting purposes as they exhibit similar economic portfolio and have a single consolidated product offering in consolidation. The accompanying unaudited consolidated financial statements present the results of operations for the three- month periods ended September 30, 2021 and 2020. contain all adjustments, which include normal and recurring adjustments, results of operations for the interim periods presented. conjunction with the consolidated financial statements and note disclosures December 31, 2020, filed with the Securities and Exchange Commission (“SEC”) statements of cash flows for these interim financial statements are not for the respective full years or any other period.
Use of Estimates	Use of Estimates. affect the reported amounts of assets and liabilities and disclosure statements and the reported amounts of revenues and expenses during income recognition, the residual values of leased equipment, the fee receivables, the fair value of financial instruments, estimated losses from could differ from those estimates.
Income taxes	Income taxes. Our statutory tax rate, which is a combination of federal and state income taxes, 25.1 % and 25.4 % for the three months ended September 30, 2021 and September 30, 2020, respectively. For the nine months ended September 30, 2021, our effective 26.2 %. For the nine months ended September 30, 2020, our effective tax rate was 35.6 %, driven by a $ 3.2 Relief, and Economic Security Act (“CARES Act”) that allow for For the three and nine-month periods ended September 30, 2021, 27.1 % and 26.2 %, respectively. The Company’s IRS federal audit an IRS refund claim closed in the second quarter of 2021 with no adjustments. 2017 tax year to the present as of September 30, 2021 under regular statute
Accounting Standards Update 2016-13 [Member]
Recent Accounting Pronouncements, Policy [Policy Text Block]	Credit Losses. ASU 2016-13, Financial Instruments - Credit Losses (Topic ASUs collectively referred to as “CECL”. The Company adopted the guidance in these ASUs, effective January new standard’s provisions which the guidance was effective (i.e., modified retrospective December 31, 2020 for a detailed discussion of our adoption of
Accounting Standards Update 2019-12 [Member]
Recent Accounting Pronouncements, Policy [Policy Text Block]	Income Taxes . In December 2019, the FASB Income Taxes, which its application. fiscal years beginning after December 15, 2020, including interim periods January 1, 2021, and the adoption did not have a material impact on our

Non-Interest Income (Tables)

Non-Interest Income (Tables)	9 Months Ended
	Sep. 30, 2021
Non-interest Income [Abstract]
Summary of non-interest income	Three Months Ended Nine Months Ended September 30, September 30, (Dollars in thousands) 2021 2020 2021 2020 Insurance premiums written and earned $ 1,906 $ 2,082 $ 5,847 $ 6,612 Gain on sale of leases and loans — 87 — 2,426 Other income: Property tax income 149 123 5,190 5,247 Servicing income 270 462 963 1,517 Net (loss) gain recognized during the period on investment securities (3) — (59) 89 Non-interest income - other than from contracts with customers 2,322 2,754 11,941 15,891 Other income: Insurance policy fees 749 819 2,268 2,610 Property tax administrative fees on leases 213 243 622 713 ACH payment fees 62 35 184 143 Referral fees 26 15 57 123 Other 234 347 603 730 Non-interest income from contracts with customers 1,284 1,459 3,734 4,319 Total non-interest $ 3,606 $ 4,213 $ 15,675 $ 20,210

Investment SecurIties (Tables)

Investment SecurIties (Tables)	9 Months Ended
	Sep. 30, 2021
Investment securities [Abstract]
Investment Securities Summary [Table Text Block]	September 30, December 31, (Dollars in thousands) 2021 2020 Equity Securities Mutual fund $ — $ 3,760 Debt Securities, Available Asset-backed securities ("ABS") — 3,719 Municipal securities — 4,145 $ — $ 11,624
Equity Securities, FV-NI [Table Text Block]	Three Months Ended September 30, Nine Months Ended September 30, (Dollars in thousands) 2021 2020 2021 2020 Net gains (losses) recognized during the period on equity securities $ 75 $ — $ 20 $ 89 Less: Net gains (losses) recognized during the period 75 — 20 — Unrealized gains recognized during the reporting period $ — $ — $ — $ 89
Summary of available for sale investments [Table Text Block]	Gross Gross Amortized Unrealized Unrealized Estimated Cost Gains Losses Fair Value (Dollars in thousands) ABS $ 3,666 $ 53 $ — $ 3,719 Municipal securities 4,082 64 (1) 4,145 $ 7,748 $ 117 $ (1) $ 7,864
Schedule of Unrealized Loss on Investments [Table Text Block]	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) Municipal securities $ (1) $ 141 $ — $ — $ (1) $ 141 Total available for sale investment securities $ (1) $ 141 $ — $ — $ (1) $ 141

Net Investment in Leases and _2

Net Investment in Leases and Loans (Tables)	9 Months Ended
	Sep. 30, 2021
Net Investment in Leases and Loans [Abstract]
Net investment in leases and loans	September 30, 2021 December 31, 2020 (Dollars in thousands) Minimum lease payments receivable $ 308,479 $ 354,298 Estimated residual value of equipment 24,999 26,983 Unearned lease income, net of initial direct costs and fees deferred (37,560) (43,737) Security deposits (404) (385) Total leases 295,514 337,159 Commercial loans, net of origination costs and fees deferred Working 31,178 20,034 CRA (1) 1,019 1,091 Equipment loans (2) 414,392 449,149 CVG 78,650 61,851 Total commercial 525,239 532,125 Net investment in leases and loans, excluding allowance 820,753 869,284 Allowance for credit losses (27,521) (44,228) Total net investment $ 793,232 $ 825,056 CRA loans are comprised of loans originated under a line of credit to satisfy its obligations under the Community Reinvestment Act of 1977 (“CRA”). (2) Equipment loans are comprised of Equipment Finance Agreements, Installment Purchase Agreements and other loans. In response to COVID-19, starting in mid-March 2020, the Company order to assist our small-business customers. At September 30, 2021, $ 12.8 backed securitization balance and $ 55.9 capacity at the Federal Reserve Discount Window. The amount of deferred initial direct costs and origination costs net of fees deferred 13.6 14.6 September 30, 2021 and December 31, 2020, respectively. income using the effective interest method. Origination effective interest method. At September 30, 2021 and 20.8 21.9 estimated residual value of equipment retained on our Consolidated Balance
Maturities of lease receivables under lease contracts and the amortization of unearned lease income	Minimum Lease Payments Net Income Receivable (1) Amortization (2) (Dollars in thousands) Period Ending December 31, Remainder of 2021 $ 33,951 $ 7,902 2022 120,586 16,069 2023 80,663 8,510 2024 45,306 3,668 2025 20,550 1,221 Thereafter 7,423 190 $ 308,479 $ 37,560 Represents the undiscounted cash flows of the lease payments receivable. (2) Represents the difference between the undiscounted cash flows and the discounted cash flows.
Lease Income	Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 (Dollars in thousands) Interest Income $ 6,070 $ 8,357 $ 19,073 $ 25,977
Summary of information related to portfolio sales	Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 (Dollars in thousands) Sales of leases and loans $ — $ 4,286 $ — $ 28,342 Gain on sale of leases and loans — 87 — 2,426

Allowance for Credit Losses (Ta

Allowance for Credit Losses (Tables)	9 Months Ended
	Sep. 30, 2021
Allowance For Credit Losses [Abstract]
Summary of activity in the allowance for credit losses	Three Months Ended September 30, 2021 (Dollars in thousands) Equipment Finance Working Capital Loans CVG CRA Total Allowance for credit losses, beginning of period $ 19,718 $ 1,003 $ 8,036 $ — $ 28,757 (2,407) (262) (27) — (2,696) 1,273 158 85 — 1,516 Net charge-offs (1,134) (104) 58 — (1,180) Realized cashflows from Residual Income 1,127 — — — 1,127 (1,334) 300 (149) — (1,183) Allowance for credit losses, end of period $ 18,377 $ 1,199 $ 7,945 $ — $ 27,521 Net investment in leases and loans, before allowance $ 717,697 $ 31,178 $ 70,859 $ 1,019 $ 820,753 Three Months Ended September 30, 2020 (Dollars in thousands) Equipment Finance Working Capital Loans CVG CRA & PPP Total Allowance for credit losses, beginning of period $ 48,550 $ 7,962 $ 7,132 $ — $ 63,644 (10,509) (633) (524) — (11,666) 983 101 94 — 1,178 (9,526) (532) (430) — (10,488) Realized cashflows from Residual Income 965 — — — 965 7,226 (3,974) 3,952 — 7,204 Allowance for credit losses, end of period $ 47,215 $ 3,456 $ 10,654 $ — $ 61,325 Net investment in leases and loans, before allowance $ 803,689 $ 26,472 $ 76,778 $ 1,114 $ 908,053 Nine Months Ended September 30, 2021 (Dollars in thousands) Equipment Finance Working Capital Loans CVG CRA Total Allowance for credit losses, beginning of period $ 33,184 $ 1,206 $ 9,838 $ — $ 44,228 (8,556) (813) (1,176) — (10,545) 3,933 432 308 — 4,673 Net charge-offs (4,623) (381) (868) — (5,872) Realized cashflows from Residual Income 3,175 — — — 3,175 (13,359) 374 (1,025) — (14,010) Allowance for credit losses, end of period $ 18,377 $ 1,199 $ 7,945 $ — $ 27,521 Net investment in leases and loans, before allowance $ 717,697 $ 31,178 $ 70,859 $ 1,019 $ 820,753 Nine Months Ended September 30, 2020 (Dollars in thousands) Equipment Finance Working Capital Loans CVG CRA & PPP Total Allowance for credit losses, December 31, 2019 $ 18,334 $ 1,899 $ 1,462 $ — $ 21,695 Adoption of ASU 2016-13 (CECL) (1) 9,264 (3) 2,647 — 11,908 Allowance for credit losses, beginning of period $ 27,598 $ 1,896 $ 4,109 $ — $ 33,603 (24,723) (2,598) (2,157) — (29,478) 2,237 156 257 — 2,650 (22,486) (2,442) (1,900) — (26,828) Realized cashflows from Residual Income 3,390 — — — 3,390 38,713 4,002 8,445 — 51,160 Allowance for credit losses, end of period $ 47,215 $ 3,456 $ 10,654 $ — $ 61,325 Net investment in leases and loans, before allowance $ 803,689 $ 26,472 $ 76,778 $ 1,114 $ 908,053 (1) Financial Instruments - Credit Losses (Topic Financial Instruments , which changed our accounting policy and estimated allowance, discussion in Note 2, “Summary of Significant Accounting Policies”, and
Information about delinquent leases and loans in the Company's portfolio	Portfolio by Origination Year as of Total 2021 2020 2019 2018 2017 Prior Receivables (Dollars in thousands) Equipment Finance 30-59 $ 612 $ 688 $ 1,149 $ 435 $ 230 $ 31 $ 3,145 60-89 179 146 584 277 78 28 1,292 90+ 91 266 323 197 90 31 998 Total Past Due 882 1,100 2,056 909 398 90 5,435 Current 203,688 196,444 192,259 83,310 32,507 4,054 712,262 Total 204,570 197,544 194,315 84,219 32,905 4,144 717,697 Working Capital 30-59 224 26 — — — — 250 60-89 51 — 43 — — — 94 90+ — 24 — — — — 24 Total Past Due 275 50 43 — — — 368 Current 28,626 1,901 283 — — — 30,810 Total 28,901 1,951 326 — — — 31,178 CVG 30-59 — — — 7 2 41 50 60-89 51 157 91 14 — — 313 90+ — — 74 55 — — 129 Total Past Due 51 157 165 76 2 41 492 Current 21,695 13,879 23,270 8,735 2,393 395 70,367 Total 21,746 14,036 23,435 8,811 2,395 436 70,859 CRA Total Past Due — — — — — — — Current 1,019 — — — — — 1,019 Total 1,019 — — — — — 1,019 Net investment in leases and loans, before allowance $ 256,236 $ 213,531 $ 218,076 $ 93,030 $ 35,300 $ 4,580 $ 820,753 Portfolio by Origination Year as of Total 2020 2019 2018 2017 2016 Prior Receivables (Dollars in thousands) Equipment Finance 30-59 $ 1,162 $ 1,526 $ 1,349 $ 690 $ 292 $ 14 $ 5,033 60-89 367 1,111 463 532 130 6 2,609 90+ 503 1,370 804 377 199 16 3,269 Total Past Due 2,032 4,007 2,616 1,599 621 36 10,911 Current 265,036 276,140 138,142 65,722 18,805 1,615 765,460 Total 267,068 280,147 140,758 67,321 19,426 1,651 776,371 Working Capital 30-59 125 481 — — — — 606 60-89 — 135 — — — — 135 90+ — — — — — — — Total Past Due 125 616 — — — — 741 Current 12,741 6,528 24 — — — 19,293 Total 12,866 7,144 24 — — — 20,034 CVG 30-59 591 1,039 173 29 21 — 1,853 60-89 — 69 33 — 68 — 170 90+ — 340 179 5 11 — 535 Total Past Due 591 1,448 385 34 100 — 2,558 Current 17,065 30,805 13,733 5,938 1,659 30 69,230 Total 17,656 32,253 14,118 5,972 1,759 30 71,788 CRA Total Past Due — — — — — — — Current 1,091 — — — — — 1,091 Total 1,091 — — — — — 1,091 Net investment in leases and loans, before allowance $ 298,681 $ 319,544 $ 154,900 $ 73,293 $ 21,185 $ 1,681 $ 869,284
Information about non-accrual leases and loans	September 30, December 31, (Dollars in thousands) 2021 2020 Equipment Finance $ 2,485 $ 5,543 Working 139 932 CVG 7,495 7,814 Total $ 10,119 $ 14,289

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	9 Months Ended
	Sep. 30, 2021
Goodwill and Intangible Assets [Abstract]
Schedule of Finite Lived Intangible Assets	Gross Carrying Accumulated Net (Dollars in thousands) Useful Life Amount Amortization Value Vendor 11 years $ 7,290 $ 2,134 $ 5,156 Corporate trade name 7 years 60 41 19 $ 7,350 $ 2,175 $ 5,175
Schedule of amortization expense for the next five years	The Company expects the amortization expense for the next five years Amortization (Dollars in thousands) Expense Remainder of 2021 $ 168 2022 671 2023 671 2024 663 2025 663

Other Assets (Tables)

Other Assets (Tables)	9 Months Ended
	Sep. 30, 2021
Other Assets [Abstract]
Schedule of Other Assets	September 30, December 31, 2021 2020 (Dollars in thousands) Accrued fees receivable $ 2,289 $ 2,928 Prepaid expenses 2,404 2,790 Income taxes receivable 8,214 — Federal Reserve Bank Stock 1,711 1,711 Other 1,942 2,783 $ 16,560 $ 10,212

Deposits (Tables)

Deposits (Tables)	9 Months Ended
	Sep. 30, 2021
Deposits [Abstract]
Schedule of maturities of certificates of deposits	Scheduled Dollars in thousands Maturities Period Ending December 31, Remainder of 2021 $ 391,752 2022 204,023 2023 91,829 2024 33,321 2025 9,054 Total $ 729,979

Debt and Financing Arrangemen_2

Debt and Financing Arrangements (Tables)	9 Months Ended
	Sep. 30, 2021
Debt and Financing Arrangements [Abstract]
Schedule of balance of long-term borrowings	September 30, December 31, 2021 2020 (Dollars in thousands) Term securitization $ 11,719 $ 30,800 Unamortized debt issuance costs (43) (135) $ 11,676 $ 30,665
Schedule of term note securitization	The term note securitization is summarized below: Outstanding Balance as of Notes Final Original September 30, December 31, Originally Maturity Coupon 2021 2020 Issued Date Rate (Dollars in thousands) 2018 — 1 $ — $ — $ 77,400 July, 2019 2.55 % — — 55,700 October, 2020 3.05 — — 36,910 April, 2023 3.36 — 9,560 10,400 May, 2023 3.54 1,869 11,390 11,390 June, 2023 3.70 5,470 5,470 5,470 July, 2023 3.99 4,380 4,380 4,380 May, 2025 5.02 Total Term $ 11,719 $ 30,800 $ 201,650 3.05 % (1)(2) (1) Represents the original weighted average initial coupon rate for all tranches interest, term note securitizations have other transaction costs which are amortized interest expense. The weighted average coupon rate of the 2018-1 term note securitization borrowing.
Scheduled principal and interest payments on outstanding borrowings	Based on current expected cashflows of leases underlying our term note as of September 30, 2021 as follows: Principal Interest (Dollars in thousands) Period Ending December 31, Remainder of 2021 $ 3,137 $ 121 2022 8,582 $ 159 $ 11,719 $ 280

Fair Value Measurements and D_2

Fair Value Measurements and Disclosures about the Fair Value of Financial Instruments (Tables)	9 Months Ended
	Sep. 30, 2021
Fair Value Measurements And Disclosures About Fair Value Of Financial Instruments [Abstract]
Schedule of balances measured at fair value on a recurring basis	September 30, 2021 December 31, 2020 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 $ — $ — $ — $ — $ 3,719 $ — Municipal securities — — — — 4,145 — Mutual fund — — — 3,760 — —
Schedule of Carrying Amount and Estimated Fair Value of Financial Instruments	September 30, 2021 December 31, 2020 Carrying Fair Carrying Fair Amount Value Amount Value (Dollars in thousands) Financial Assets Cash and cash equivalents $ 222,260 $ 222,260 $ 135,691 $ 135,691 Time deposits with banks 996 1,000 5,967 6,003 Restricted interest-earning deposits with banks 3,202 3,202 4,719 4,719 Loans, net of allowance 504,335 513,431 500,768 507,362 Federal Reserve Bank Stock 1,711 1,711 1,711 1,711 Financial Liabilities $ 783,203 $ 790,175 $ 729,614 $ 742,882 11,676 11,961 30,665 31,114

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
	Sep. 30, 2021
Earnings Per Share [Abstract]
Schedule of net income and shares used in computing basic and diluted EPS	Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 (Dollars in thousands, except per-share data) Basic EPS Net income (loss) $ 5,481 $ 2,743 $ 22,588 $ (14,960) Less: net income allocated to participating securities (69) (36) (281) — Net income (loss) allocated to common stock $ 5,412 $ 2,707 $ 22,307 $ (14,960) Weighted average 12,026,443 11,946,549 12,007,963 11,951,375 Less: Unvested restricted stock awards considered participating securities (150,339) (155,408) (149,462) (142,186) Adjusted weighted average common shares used in computing basic EPS 11,876,104 11,791,141 11,858,501 11,809,189 Basic EPS $ 0.46 $ 0.23 $ 1.88 $ (1.27) Diluted EPS Net income (loss) allocated to common stock $ 5,412 $ 2,707 $ 22,307 $ (14,960) Adjusted weighted average common shares used in computing basic EPS 11,876,104 11,791,141 11,858,501 11,809,189 Add: Effect of dilutive stock-based compensation 186,146 41,272 113,767 — Adjusted weighted average common shares used in computing diluted EPS 12,062,250 11,832,413 11,972,268 11,809,189 Diluted EPS $ 0.45 $ 0.23 $ 1.86 $ (1.27)

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	9 Months Ended
	Sep. 30, 2021
Stockholders' Equity [Abstract]
Schedule of Tier 1 leverage ratio, common equity Tier 1 risk-based capital ratio, Tier 1 risk-based capital ratio and total risk-based capital ratio	Minimum Capital Well-Capitalized Capital Actual Requirement Requirement Ratio Amount Ratio Amount Ratio Amount (Dollars in thousands) Tier 1 Leverage Capital 21.71% $ 217,465 4.00% $ 40,076 5.00% $ 50,095 17.84% $ 165,937 4.00% $ 37,210 5.00% $ 46,513 Common Equity Tier 1 Risk-Based Capital 25.33% $ 217,465 4.50% $ 38,640 6.50% $ 55,813 20.67% $ 165,937 4.50% $ 36,131 6.50% $ 52,189 Tier 1 Risk-based Capital 25.33% $ 217,465 6.00% $ 51,519 8.00% $ 68,693 20.67% $ 165,937 6.00% $ 48,174 8.00% $ 64,232 Total 26.60% $ 228,405 8.00% $ 68,693 10.00% $ 85,866 21.94% $ 176,181 8.00% $ 64,232 10.00% $ 80,290

The Company (Details)

The Company (Details)	9 Months Ended
	Sep. 30, 2021
Business Combination, Description [Abstract]
Entity Incorporation, State or Country Code	PA
Entity Incorporation, Date of Incorporation	Aug. 5, 2003
Marlin Business Bank [Member]
Business Combination, Description [Abstract]
Entity Incorporation, State or Country Code	UT

Summary of Significant Accoun_3

Summary of Significant Accounting Policies - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Summary of Significant Accounting Policies [Abstract]
Other income tax, discrete (benefit)			$ 3.2
Statutory tax rate	25.10%	25.40%
Effective Income Tax Rate Reconciliation, Percent	27.10%		26.20%	35.60%

Non-Interest Income (Details)

Non-Interest Income (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Non-interest Income [Abstract]
Insurance premiums written and earned	$ 1,906,000	$ 2,082,000	$ 5,847,000	$ 6,612,000
Gain on sale of leases and loans	0	87,000	0	2,426,000
Property tax income	149,000	123,000	5,190,000	5,247,000
Servicing income	270,000	462,000	963,000	1,517,000
Net (loss) gain recognized during the period on investment securities	(3,000)	0	(59,000)	89,000
Non-interest income - other than from contracts with customers	2,322,000	2,754,000	11,941,000	15,891,000
Insurance policy fees	749,000	819,000	2,268,000	2,610,000
Property tax administrative fees on leases	213,000	243,000	622,000	713,000
ACH payment fees	62,000	35,000	184,000	143,000
Referral fees	26,000	15,000	57,000	123,000
Other	234,000	347,000	603,000	730,000
Non-interest income from contracts with customers	1,284,000	1,459,000	3,734,000	4,319,000
Non-interest income	$ 3,606,000	$ 4,213,000	$ 15,675,000	$ 20,210,000

Investment Securities (Details)

Investment Securities (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Debt Securities Available-for-sale [Line Items]
Investment securities	$ 0	$ 11,624
Mutual Fund [Member]
Debt Securities Available-for-sale [Line Items]
Investment securities	0	3,760
Asset Backed Securities [Member]
Debt Securities Available-for-sale [Line Items]
Investment securities	0	3,719
Municipal Securities [Member]
Debt Securities Available-for-sale [Line Items]
Investment securities	$ 0	$ 4,145

Investment Securities - Schedul

Investment Securities - Schedule of changes in Fair Value of Equity securities (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Equity Securities, FV-NI, Gain (Loss) [Abstract]
Net gains (losses) recognized during the period on equity securities	$ 75	$ 0	$ 20	$ 89
Less: Net gains (losses) recognized during the period on equity securities sold during the period	75	0	20	0
Unrealized gains recognized during the reporting period on equity securities still held at the reporting date	$ 0	$ 0	$ 0	$ 89

Investment Securities - Sched_2

Investment Securities - Schedule of Available for Sale Investments (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Debt Securities Available-for-sale [Line Items]
Estimated Fair Value	$ 0	$ 11,624
Debt Securities [Member]
Debt Securities Available-for-sale [Line Items]
Amortized cost		7,748
Gross Unrealized Gains		117
Gross Unrealized Losses		(1)
Estimated Fair Value		7,864
ABS [Member]
Debt Securities Available-for-sale [Line Items]
Amortized cost		3,666
Gross Unrealized Gains		53
Gross Unrealized Losses		0
Estimated Fair Value	0	3,719
Municipal Securities [Member]
Debt Securities Available-for-sale [Line Items]
Amortized cost		4,082
Gross Unrealized Gains		64
Gross Unrealized Losses		(1)
Estimated Fair Value	$ 0	$ 4,145

Investment Securities - Gross U

Investment Securities - Gross Unrealized Loss and Fair Value of Securities Available for Sale (Details) $ in Thousands	Dec. 31, 2020USD ($)
Debt Securities Available-for-sale [Line Items]
Gross Unrealized Losses, Less than 12 months	$ (1)
Fair Value, Less than 12 months	141
Gross Unrealized Losses, 12 months or longer	0
Fair Value, 12 months or longer	0
Gross Unrealized Losses, Total	(1)
Fair Value, Total	141
Municipal Securities [Member]
Debt Securities Available-for-sale [Line Items]
Gross Unrealized Losses, Less than 12 months	(1)
Fair Value, Less than 12 months	141
Gross Unrealized Losses, 12 months or longer	0
Fair Value, 12 months or longer	0
Gross Unrealized Losses, Total	(1)
Fair Value, Total	$ 141

Net Investment in Leases and _3

Net Investment in Leases and Loans - Narratives (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020	Sep. 30, 2020
Net Investment in Leases and Loans [Abstract]
Initial direct costs and origination costs	$ 13,600	$ 14,600
Servicing liability	700	1,300
Portfolio of leases and loans serviced for others	146,000	230,000
Finance receivables on a non-accrual basis	10,119	14,289
Net investments [Line Items]
Estimated residual value of equipment	24,999	26,983
Total active modifications, net investment	820,753	869,284	$ 908,053
Loan Modification Program [Member]
Net investments [Line Items]
Total active modifications, net investment	69,500
Asset Backed Securities [Member]
Net investments [Line Items]
Net investment in leases are pledged as collateral	12,800
Federal Reserve Discount Window [Member]
Net investments [Line Items]
Net investment in leases are pledged as collateral	55,900
Copier Product [Member]
Net investments [Line Items]
Estimated residual value of equipment	$ 20,800	$ 21,900

Net Investment in Leases and _4

Net Investment in Leases and Loans - Net Investment in Leases and Loans (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Jun. 30, 2021	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Dec. 31, 2019
Net Investment in Leases and Loans [Abstract]
Sales-type and Direct Financing Leases, Lease Receivable, Payments to be Received	$ 308,479		$ 354,298
Estimated residual value of equipment	24,999		26,983
Unearned lease income, net of initial direct costs and fees deferred	(37,560)		(43,737)
Security deposits	(404)		(385)
Total leases	295,514		337,159
Allowance for Credit Losses [Line Items]
Net Investment In Commercial Loans	525,239		532,125
Net investment in leases and loans, before allowance	820,753		869,284	$ 908,053
Allowance for credit losses	(27,521)	$ (28,757)	(44,228)	(61,325)	$ (63,644)	$ (21,695)
Total net investment in leases and loans	793,232		825,056
Working capital Loans [Member]
Allowance for Credit Losses [Line Items]
Net Investment In Commercial Loans	31,178		20,034
Net investment in leases and loans, before allowance	31,178		20,034	26,472
Allowance for credit losses	(1,199)	(1,003)	(1,206)	(3,456)	(7,962)	(1,899)
CRA [Member]
Allowance for Credit Losses [Line Items]
Net Investment In Commercial Loans	1,019		1,091
Net investment in leases and loans, before allowance	1,019		1,091	1,114
Allowance for credit losses	0	0	0	0	0	0
Equipment Finance [Member]
Allowance for Credit Losses [Line Items]
Net Investment In Commercial Loans	414,392		449,149
Net investment in leases and loans, before allowance	717,697		776,371	803,689
Allowance for credit losses	(18,377)	(19,718)	(33,184)	(47,215)	(48,550)	(18,334)
CVG [Member]
Allowance for Credit Losses [Line Items]
Net Investment In Commercial Loans	78,650		61,851
Net investment in leases and loans, before allowance	70,859		71,788	76,778
Allowance for credit losses	$ (7,945)	$ (8,036)	$ (9,838)	$ (10,654)	$ (7,132)	$ (1,462)

Net Investment in Leases and _5

Net Investment in Leases and Loans - Maturities of Lease Receivables Under Lease Contracts and the Amortization of Unearned Lease Income (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Future Minimum Lease Payments Receivable Schedule [Abstract]
Remaining part of 2021	$ 33,951
2022	120,586
2023	80,663
2024	45,306
2025	20,550
Thereafter	7,423
Minimum Lease Payments Receivable	308,479	$ 354,298
Future Scheduled Income Amortization [Abstract]
Remaing part of 2021	7,902
2022	16,069
2023	8,510
2024	3,668
2025	1,221
Thereafter	190
Net income amortization	$ 37,560	$ 43,737

Net Investment in Leases and _6

Net Investment in Leases and Loans - Summary of Information Related to Portfolio Sales (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Sales of leases and loans	$ 0	$ 4,286	$ 0	$ 28,342
Gain on sale of leases and loans	0	87	0	2,426
Interest Income [Member]
Lease income	$ 6,070	$ 8,357	$ 19,073	$ 25,977

Allowance for Credit Losses - N

Allowance for Credit Losses - Narratives (Details)	3 Months Ended		9 Months Ended
	Sep. 30, 2021USD ($)	Sep. 30, 2020USD ($)	Sep. 30, 2021USD ($)Contracts	Sep. 30, 2020USD ($)	Jun. 30, 2021USD ($)	Dec. 31, 2020USD ($)	Jun. 30, 2020USD ($)	Dec. 31, 2019USD ($)
Allowance For Credit Losses [Abstract]
Finance Receivables 90 Days or More Past Due and Still Accruing	$ 0		$ 0			$ 0
Working Capital Loans past due 30 days or more and still accruing	0		0			0
Financing Receivable, Troubled Debt Restructuring	10,300,000		10,300,000
Allowance for Credit Losses [Line Items]
Provision for credit losses	(1,183,000)	$ 7,204,000	(14,010,000)	$ 51,160,000
Loans and leases receivable, allowance	27,521,000	61,325,000	27,521,000	61,325,000	$ 28,757,000	44,228,000	$ 63,644,000	$ 21,695,000
Net investment in leases and loans	820,753,000	908,053,000	$ 820,753,000	908,053,000		869,284,000
Loan Modification Program [Member]
Allowance for Credit Losses [Line Items]
Number of lease contracts modified | Contracts			3,460
Financing Receivable, Modifications, Number of Contracts charged off | Contracts			311
Accounts Receivable, Allowance for Credit Loss, Writeoff			$ 7,000,000
Financing Receivable, Modifications, Number of Contracts Paid In Full | Contracts			1,848
Net investment in leases and loans	69,500,000		$ 69,500,000
Loan Modification Program [Member] | Maximum [Member]
Allowance for Credit Losses [Line Items]
Percentage of reduced payment of deferral schedule			50.00%
Loan Modification Program [Member] | Minimum [Member]
Allowance for Credit Losses [Line Items]
Percentage of reduced payment of deferral schedule			25.00%
Loan Modification Program [Member] | Out of deferral [Member]
Allowance for Credit Losses [Line Items]
Net investment in leases and loans	500,000		$ 500,000
Equipment Finance [Member]
Allowance for Credit Losses [Line Items]
Provision for credit losses	(1,334,000)	7,226,000	(13,359,000)	38,713,000
Loans and leases receivable, allowance	18,377,000	47,215,000	18,377,000	47,215,000	19,718,000	33,184,000	48,550,000	18,334,000
Net investment in leases and loans	717,697,000	803,689,000	717,697,000	803,689,000		776,371,000
Equipment Finance [Member] | Total Past Due [Member]
Allowance for Credit Losses [Line Items]
Net investment in leases and loans	5,435,000		5,435,000			10,911,000
Equipment Finance [Member] | Adjustments related to Covid 19 [Member]
Allowance for Credit Losses [Line Items]
Provision for credit losses	(1,300,000)	7,200,000	(13,400,000)	38,700,000
Working capital Loans [Member]
Allowance for Credit Losses [Line Items]
Provision for credit losses	300,000	(3,974,000)	374,000	4,002,000
Loans and leases receivable, allowance	1,199,000	3,456,000	1,199,000	3,456,000	1,003,000	1,206,000	7,962,000	1,899,000
Net investment in leases and loans	31,178,000	26,472,000	31,178,000	26,472,000		20,034,000
Working capital Loans [Member] | Total Past Due [Member]
Allowance for Credit Losses [Line Items]
Net investment in leases and loans	368,000		368,000			741,000
Working capital Loans [Member] | Adjustments related to Covid 19 [Member]
Allowance for Credit Losses [Line Items]
Provision for credit losses	300,000		400,000
CVG [Member]
Allowance for Credit Losses [Line Items]
Provision for credit losses	(149,000)	3,952,000	(1,025,000)	8,445,000
Loans and leases receivable, allowance	7,945,000	10,654,000	7,945,000	10,654,000	8,036,000	9,838,000	7,132,000	1,462,000
Net investment in leases and loans	70,859,000	76,778,000	70,859,000	76,778,000		71,788,000
CVG [Member] | Loan Modification Program [Member]
Allowance for Credit Losses [Line Items]
Loans and leases receivable, allowance	4,700,000		4,700,000
CVG [Member] | Total Past Due [Member]
Allowance for Credit Losses [Line Items]
Net investment in leases and loans	492,000		492,000			2,558,000
CRA [Member]
Allowance for Credit Losses [Line Items]
Provision for credit losses	0	0	0	0
Loans and leases receivable, allowance	0	0	0	0	$ 0	0	$ 0	$ 0
Net investment in leases and loans	1,019,000	$ 1,114,000	1,019,000	$ 1,114,000		1,091,000
CRA [Member] | Total Past Due [Member]
Allowance for Credit Losses [Line Items]
Net investment in leases and loans	0		0			$ 0
CRA [Member] | Adjustments related to Covid 19 [Member]
Allowance for Credit Losses [Line Items]
Provision for credit losses	$ (1,200,000)		$ (14,000,000)

Allowance for Credit Losses - A

Allowance for Credit Losses - Activity in the allowance for credit losses (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Allowance for Credit Losses [Roll Forward]
Allowance for credit losses, beginning of period	$ 28,757	$ 63,644	$ 44,228	$ 21,695
Charge-offs	(2,696)	(11,666)	(10,545)	(29,478)
Recoveries	1,516	1,178	4,673	2,650
Net charge-offs	(1,180)	(10,488)	(5,872)	(26,828)
Realized cashflows from Residual Income	1,127	965	3,175	3,390
Provision for credit losses	(1,183)	7,204	(14,010)	51,160
Allowance for credit losses, end of period	27,521	61,325	27,521	61,325
Net investment in leases and loans, before allowance	820,753	908,053	820,753	908,053	$ 869,284
Accounting Standards Update 2016-13 [Member]
Allowance for Credit Losses [Roll Forward]
Allowance for credit losses, beginning of period				33,603
Accounting Standards Update 2016-13 [Member] | Adoption Impact [Member]
Allowance for Credit Losses [Roll Forward]
Allowance for credit losses, beginning of period				11,908
Equipment Finance [Member]
Allowance for Credit Losses [Roll Forward]
Allowance for credit losses, beginning of period	19,718	48,550	33,184	18,334
Charge-offs	(2,407)	(10,509)	(8,556)	(24,723)
Recoveries	1,273	983	3,933	2,237
Net charge-offs	(1,134)	(9,526)	(4,623)	(22,486)
Realized cashflows from Residual Income	1,127	965	3,175	3,390
Provision for credit losses	(1,334)	7,226	(13,359)	38,713
Allowance for credit losses, end of period	18,377	47,215	18,377	47,215
Net investment in leases and loans, before allowance	717,697	803,689	717,697	803,689	776,371
Equipment Finance [Member] | Accounting Standards Update 2016-13 [Member]
Allowance for Credit Losses [Roll Forward]
Allowance for credit losses, beginning of period				27,598
Equipment Finance [Member] | Accounting Standards Update 2016-13 [Member] | Adoption Impact [Member]
Allowance for Credit Losses [Roll Forward]
Allowance for credit losses, beginning of period				9,264
Working capital Loans [Member]
Allowance for Credit Losses [Roll Forward]
Allowance for credit losses, beginning of period	1,003	7,962	1,206	1,899
Charge-offs	(262)	(633)	(813)	(2,598)
Recoveries	158	101	432	156
Net charge-offs	(104)	(532)	(381)	(2,442)
Realized cashflows from Residual Income	0	0	0	0
Provision for credit losses	300	(3,974)	374	4,002
Allowance for credit losses, end of period	1,199	3,456	1,199	3,456
Net investment in leases and loans, before allowance	31,178	26,472	31,178	26,472	20,034
Working capital Loans [Member] | Accounting Standards Update 2016-13 [Member]
Allowance for Credit Losses [Roll Forward]
Allowance for credit losses, beginning of period				1,896
Working capital Loans [Member] | Accounting Standards Update 2016-13 [Member] | Adoption Impact [Member]
Allowance for Credit Losses [Roll Forward]
Allowance for credit losses, beginning of period				(3)
CVG [Member]
Allowance for Credit Losses [Roll Forward]
Allowance for credit losses, beginning of period	8,036	7,132	9,838	1,462
Charge-offs	(27)	(524)	(1,176)	(2,157)
Recoveries	85	94	308	257
Net charge-offs	58	(430)	(868)	(1,900)
Realized cashflows from Residual Income	0	0	0	0
Provision for credit losses	(149)	3,952	(1,025)	8,445
Allowance for credit losses, end of period	7,945	10,654	7,945	10,654
Net investment in leases and loans, before allowance	70,859	76,778	70,859	76,778	71,788
CVG [Member] | Accounting Standards Update 2016-13 [Member]
Allowance for Credit Losses [Roll Forward]
Allowance for credit losses, beginning of period				4,109
CVG [Member] | Accounting Standards Update 2016-13 [Member] | Adoption Impact [Member]
Allowance for Credit Losses [Roll Forward]
Allowance for credit losses, beginning of period				2,647
CRA [Member]
Allowance for Credit Losses [Roll Forward]
Allowance for credit losses, beginning of period	0	0	0	0
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Net charge-offs	0	0	0	0
Realized cashflows from Residual Income	0	0	0	0
Provision for credit losses	0	0	0	0
Allowance for credit losses, end of period	0	0	0	0
Net investment in leases and loans, before allowance	$ 1,019	$ 1,114	$ 1,019	1,114	$ 1,091
CRA [Member] | Accounting Standards Update 2016-13 [Member]
Allowance for Credit Losses [Roll Forward]
Allowance for credit losses, beginning of period				0
CRA [Member] | Accounting Standards Update 2016-13 [Member] | Adoption Impact [Member]
Allowance for Credit Losses [Roll Forward]
Allowance for credit losses, beginning of period				$ 0

Allowance for Credit Losses - P

Allowance for Credit Losses - Portfolio by Origination year- Current Year (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020	Sep. 30, 2020
Amount of portfolio [Line Items]
2021	$ 256,236	$ 298,681
2020	213,531	319,544
2019	218,076	154,900
2018	93,030	73,293
2017	35,300	21,185
Prior	4,580	1,681
Net investment in leases and loans, excluding allowance for credit losses (includes $12.1 million and $30.4 million at September 30, 2021 and December 31, 2020, respectively, related to consolidated VIEs)	820,753	869,284	$ 908,053
Equipment Finance [Member]
Amount of portfolio [Line Items]
2021	204,570	267,068
2020	197,544	280,147
2019	194,315	140,758
2018	84,219	67,321
2017	32,905	19,426
Prior	4,144	1,651
Net investment in leases and loans, excluding allowance for credit losses (includes $12.1 million and $30.4 million at September 30, 2021 and December 31, 2020, respectively, related to consolidated VIEs)	717,697	776,371	803,689
Working capital Loans [Member]
Amount of portfolio [Line Items]
2021	28,901	12,866
2020	1,951	7,144
2019	326	24
2018	0	0
2017	0	0
Prior	0	0
Net investment in leases and loans, excluding allowance for credit losses (includes $12.1 million and $30.4 million at September 30, 2021 and December 31, 2020, respectively, related to consolidated VIEs)	31,178	20,034	26,472
CVG [Member]
Amount of portfolio [Line Items]
2021	21,746	17,656
2020	14,036	32,253
2019	23,435	14,118
2018	8,811	5,972
2017	2,395	1,759
Prior	436	30
Net investment in leases and loans, excluding allowance for credit losses (includes $12.1 million and $30.4 million at September 30, 2021 and December 31, 2020, respectively, related to consolidated VIEs)	70,859	71,788	76,778
CRA [Member]
Amount of portfolio [Line Items]
2021	1,019	1,091
2020	0	0
2019	0	0
2018	0	0
2017	0	0
Prior	0	0
Net investment in leases and loans, excluding allowance for credit losses (includes $12.1 million and $30.4 million at September 30, 2021 and December 31, 2020, respectively, related to consolidated VIEs)	1,019	1,091	$ 1,114
30-59 [Member] | Equipment Finance [Member]
Amount of portfolio [Line Items]
2021	612	1,162
2020	688	1,526
2019	1,149	1,349
2018	435	690
2017	230	292
Prior	31	14
Net investment in leases and loans, excluding allowance for credit losses (includes $12.1 million and $30.4 million at September 30, 2021 and December 31, 2020, respectively, related to consolidated VIEs)	3,145	5,033
30-59 [Member] | Working capital Loans [Member]
Amount of portfolio [Line Items]
2021	224	125
2020	26	481
2019	0	0
2018	0	0
2017	0	0
Prior	0	0
Net investment in leases and loans, excluding allowance for credit losses (includes $12.1 million and $30.4 million at September 30, 2021 and December 31, 2020, respectively, related to consolidated VIEs)	250	606
30-59 [Member] | CVG [Member]
Amount of portfolio [Line Items]
2021	0	591
2020	0	1,039
2019	0	173
2018	7	29
2017	2	21
Prior	41	0
Net investment in leases and loans, excluding allowance for credit losses (includes $12.1 million and $30.4 million at September 30, 2021 and December 31, 2020, respectively, related to consolidated VIEs)	50	1,853
60-89 [Member] | Equipment Finance [Member]
Amount of portfolio [Line Items]
2021	179	367
2020	146	1,111
2019	584	463
2018	277	532
2017	78	130
Prior	28	6
Net investment in leases and loans, excluding allowance for credit losses (includes $12.1 million and $30.4 million at September 30, 2021 and December 31, 2020, respectively, related to consolidated VIEs)	1,292	2,609
60-89 [Member] | Working capital Loans [Member]
Amount of portfolio [Line Items]
2021	51	0
2020	0	135
2019	43	0
2018	0	0
2017	0	0
Prior	0	0
Net investment in leases and loans, excluding allowance for credit losses (includes $12.1 million and $30.4 million at September 30, 2021 and December 31, 2020, respectively, related to consolidated VIEs)	94	135
60-89 [Member] | CVG [Member]
Amount of portfolio [Line Items]
2021	51	0
2020	157	69
2019	91	33
2018	14	0
2017	0	68
Prior	0	0
Net investment in leases and loans, excluding allowance for credit losses (includes $12.1 million and $30.4 million at September 30, 2021 and December 31, 2020, respectively, related to consolidated VIEs)	313	170
90+ [Member] | Equipment Finance [Member]
Amount of portfolio [Line Items]
2021	91	503
2020	266	1,370
2019	323	804
2018	197	377
2017	90	199
Prior	31	16
Net investment in leases and loans, excluding allowance for credit losses (includes $12.1 million and $30.4 million at September 30, 2021 and December 31, 2020, respectively, related to consolidated VIEs)	998	3,269
90+ [Member] | Working capital Loans [Member]
Amount of portfolio [Line Items]
2021	0	0
2020	24	0
2019	0	0
2018	0	0
2017	0	0
Prior	0	0
Net investment in leases and loans, excluding allowance for credit losses (includes $12.1 million and $30.4 million at September 30, 2021 and December 31, 2020, respectively, related to consolidated VIEs)	24	0
90+ [Member] | CVG [Member]
Amount of portfolio [Line Items]
2021	0	0
2020	0	340
2019	74	179
2018	55	5
2017	0	11
Prior	0	0
Net investment in leases and loans, excluding allowance for credit losses (includes $12.1 million and $30.4 million at September 30, 2021 and December 31, 2020, respectively, related to consolidated VIEs)	129	535
Total Past Due [Member] | Equipment Finance [Member]
Amount of portfolio [Line Items]
2021	882	2,032
2020	1,100	4,007
2019	2,056	2,616
2018	909	1,599
2017	398	621
Prior	90	36
Net investment in leases and loans, excluding allowance for credit losses (includes $12.1 million and $30.4 million at September 30, 2021 and December 31, 2020, respectively, related to consolidated VIEs)	5,435	10,911
Total Past Due [Member] | Working capital Loans [Member]
Amount of portfolio [Line Items]
2021	275	125
2020	50	616
2019	43	0
2018	0	0
2017	0	0
Prior	0	0
Net investment in leases and loans, excluding allowance for credit losses (includes $12.1 million and $30.4 million at September 30, 2021 and December 31, 2020, respectively, related to consolidated VIEs)	368	741
Total Past Due [Member] | CVG [Member]
Amount of portfolio [Line Items]
2021	51	591
2020	157	1,448
2019	165	385
2018	76	34
2017	2	100
Prior	41	0
Net investment in leases and loans, excluding allowance for credit losses (includes $12.1 million and $30.4 million at September 30, 2021 and December 31, 2020, respectively, related to consolidated VIEs)	492	2,558
Total Past Due [Member] | CRA [Member]
Amount of portfolio [Line Items]
2021	0	0
2020	0	0
2019	0	0
2018	0	0
2017	0	0
Prior	0	0
Net investment in leases and loans, excluding allowance for credit losses (includes $12.1 million and $30.4 million at September 30, 2021 and December 31, 2020, respectively, related to consolidated VIEs)	0	0
Current [Member] | Equipment Finance [Member]
Amount of portfolio [Line Items]
2021	203,688	265,036
2020	196,444	276,140
2019	192,259	138,142
2018	83,310	65,722
2017	32,507	18,805
Prior	4,054	1,615
Net investment in leases and loans, excluding allowance for credit losses (includes $12.1 million and $30.4 million at September 30, 2021 and December 31, 2020, respectively, related to consolidated VIEs)	712,262	765,460
Current [Member] | Working capital Loans [Member]
Amount of portfolio [Line Items]
2021	28,626	12,741
2020	1,901	6,528
2019	283	24
2018	0	0
2017	0	0
Prior	0	0
Net investment in leases and loans, excluding allowance for credit losses (includes $12.1 million and $30.4 million at September 30, 2021 and December 31, 2020, respectively, related to consolidated VIEs)	30,810	19,293
Current [Member] | CVG [Member]
Amount of portfolio [Line Items]
2021	21,695	17,065
2020	13,879	30,805
2019	23,270	13,733
2018	8,735	5,938
2017	2,393	1,659
Prior	395	30
Net investment in leases and loans, excluding allowance for credit losses (includes $12.1 million and $30.4 million at September 30, 2021 and December 31, 2020, respectively, related to consolidated VIEs)	70,367	69,230
Current [Member] | CRA [Member]
Amount of portfolio [Line Items]
2021	1,019	1,091
2020	0	0
2019	0	0
2018	0	0
2017	0	0
Prior	0	0
Net investment in leases and loans, excluding allowance for credit losses (includes $12.1 million and $30.4 million at September 30, 2021 and December 31, 2020, respectively, related to consolidated VIEs)	$ 1,019	$ 1,091

Allowance for Credit Losses -_2

Allowance for Credit Losses - Portfolio by Origination Year - Previous Year (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020	Sep. 30, 2020
Amount of portfolio [Line Items]
2020	$ 256,236	$ 298,681
2019	213,531	319,544
2018	218,076	154,900
2017	93,030	73,293
2016	35,300	21,185
Prior	4,580	1,681
Net investment in leases and loans, excluding allowance for credit losses (includes $12.1 million and $30.4 million at September 30, 2021 and December 31, 2020, respectively, related to consolidated VIEs)	820,753	869,284	$ 908,053
Equipment Finance [Member]
Amount of portfolio [Line Items]
2020	204,570	267,068
2019	197,544	280,147
2018	194,315	140,758
2017	84,219	67,321
2016	32,905	19,426
Prior	4,144	1,651
Net investment in leases and loans, excluding allowance for credit losses (includes $12.1 million and $30.4 million at September 30, 2021 and December 31, 2020, respectively, related to consolidated VIEs)	717,697	776,371	803,689
Working capital Loans [Member]
Amount of portfolio [Line Items]
2020	28,901	12,866
2019	1,951	7,144
2018	326	24
2017	0	0
2016	0	0
Prior	0	0
Net investment in leases and loans, excluding allowance for credit losses (includes $12.1 million and $30.4 million at September 30, 2021 and December 31, 2020, respectively, related to consolidated VIEs)	31,178	20,034	26,472
CVG [Member]
Amount of portfolio [Line Items]
2020	21,746	17,656
2019	14,036	32,253
2018	23,435	14,118
2017	8,811	5,972
2016	2,395	1,759
Prior	436	30
Net investment in leases and loans, excluding allowance for credit losses (includes $12.1 million and $30.4 million at September 30, 2021 and December 31, 2020, respectively, related to consolidated VIEs)	70,859	71,788	76,778
CRA [Member]
Amount of portfolio [Line Items]
2020	1,019	1,091
2019	0	0
2018	0	0
2017	0	0
2016	0	0
Prior	0	0
Net investment in leases and loans, excluding allowance for credit losses (includes $12.1 million and $30.4 million at September 30, 2021 and December 31, 2020, respectively, related to consolidated VIEs)	1,019	1,091	$ 1,114
30-59 [Member] | Equipment Finance [Member]
Amount of portfolio [Line Items]
2020	612	1,162
2019	688	1,526
2018	1,149	1,349
2017	435	690
2016	230	292
Prior	31	14
Net investment in leases and loans, excluding allowance for credit losses (includes $12.1 million and $30.4 million at September 30, 2021 and December 31, 2020, respectively, related to consolidated VIEs)	3,145	5,033
30-59 [Member] | Working capital Loans [Member]
Amount of portfolio [Line Items]
2020	224	125
2019	26	481
2018	0	0
2017	0	0
2016	0	0
Prior	0	0
Net investment in leases and loans, excluding allowance for credit losses (includes $12.1 million and $30.4 million at September 30, 2021 and December 31, 2020, respectively, related to consolidated VIEs)	250	606
30-59 [Member] | CVG [Member]
Amount of portfolio [Line Items]
2020	0	591
2019	0	1,039
2018	0	173
2017	7	29
2016	2	21
Prior	41	0
Net investment in leases and loans, excluding allowance for credit losses (includes $12.1 million and $30.4 million at September 30, 2021 and December 31, 2020, respectively, related to consolidated VIEs)	50	1,853
60-89 [Member] | Equipment Finance [Member]
Amount of portfolio [Line Items]
2020	179	367
2019	146	1,111
2018	584	463
2017	277	532
2016	78	130
Prior	28	6
Net investment in leases and loans, excluding allowance for credit losses (includes $12.1 million and $30.4 million at September 30, 2021 and December 31, 2020, respectively, related to consolidated VIEs)	1,292	2,609
60-89 [Member] | Working capital Loans [Member]
Amount of portfolio [Line Items]
2020	51	0
2019	0	135
2018	43	0
2017	0	0
2016	0	0
Prior	0	0
Net investment in leases and loans, excluding allowance for credit losses (includes $12.1 million and $30.4 million at September 30, 2021 and December 31, 2020, respectively, related to consolidated VIEs)	94	135
60-89 [Member] | CVG [Member]
Amount of portfolio [Line Items]
2020	51	0
2019	157	69
2018	91	33
2017	14	0
2016	0	68
Prior	0	0
Net investment in leases and loans, excluding allowance for credit losses (includes $12.1 million and $30.4 million at September 30, 2021 and December 31, 2020, respectively, related to consolidated VIEs)	313	170
90+ [Member] | Equipment Finance [Member]
Amount of portfolio [Line Items]
2020	91	503
2019	266	1,370
2018	323	804
2017	197	377
2016	90	199
Prior	31	16
Net investment in leases and loans, excluding allowance for credit losses (includes $12.1 million and $30.4 million at September 30, 2021 and December 31, 2020, respectively, related to consolidated VIEs)	998	3,269
90+ [Member] | Working capital Loans [Member]
Amount of portfolio [Line Items]
2020	0	0
2019	24	0
2018	0	0
2017	0	0
2016	0	0
Prior	0	0
Net investment in leases and loans, excluding allowance for credit losses (includes $12.1 million and $30.4 million at September 30, 2021 and December 31, 2020, respectively, related to consolidated VIEs)	24	0
90+ [Member] | CVG [Member]
Amount of portfolio [Line Items]
2020	0	0
2019	0	340
2018	74	179
2017	55	5
2016	0	11
Prior	0	0
Net investment in leases and loans, excluding allowance for credit losses (includes $12.1 million and $30.4 million at September 30, 2021 and December 31, 2020, respectively, related to consolidated VIEs)	129	535
Total Past Due [Member] | Equipment Finance [Member]
Amount of portfolio [Line Items]
2020	882	2,032
2019	1,100	4,007
2018	2,056	2,616
2017	909	1,599
2016	398	621
Prior	90	36
Net investment in leases and loans, excluding allowance for credit losses (includes $12.1 million and $30.4 million at September 30, 2021 and December 31, 2020, respectively, related to consolidated VIEs)	5,435	10,911
Total Past Due [Member] | Working capital Loans [Member]
Amount of portfolio [Line Items]
2020	275	125
2019	50	616
2018	43	0
2017	0	0
2016	0	0
Prior	0	0
Net investment in leases and loans, excluding allowance for credit losses (includes $12.1 million and $30.4 million at September 30, 2021 and December 31, 2020, respectively, related to consolidated VIEs)	368	741
Total Past Due [Member] | CVG [Member]
Amount of portfolio [Line Items]
2020	51	591
2019	157	1,448
2018	165	385
2017	76	34
2016	2	100
Prior	41	0
Net investment in leases and loans, excluding allowance for credit losses (includes $12.1 million and $30.4 million at September 30, 2021 and December 31, 2020, respectively, related to consolidated VIEs)	492	2,558
Total Past Due [Member] | CRA [Member]
Amount of portfolio [Line Items]
2020	0	0
2019	0	0
2018	0	0
2017	0	0
2016	0	0
Prior	0	0
Net investment in leases and loans, excluding allowance for credit losses (includes $12.1 million and $30.4 million at September 30, 2021 and December 31, 2020, respectively, related to consolidated VIEs)	0	0
Current [Member] | Equipment Finance [Member]
Amount of portfolio [Line Items]
2020	203,688	265,036
2019	196,444	276,140
2018	192,259	138,142
2017	83,310	65,722
2016	32,507	18,805
Prior	4,054	1,615
Net investment in leases and loans, excluding allowance for credit losses (includes $12.1 million and $30.4 million at September 30, 2021 and December 31, 2020, respectively, related to consolidated VIEs)	712,262	765,460
Current [Member] | Working capital Loans [Member]
Amount of portfolio [Line Items]
2020	28,626	12,741
2019	1,901	6,528
2018	283	24
2017	0	0
2016	0	0
Prior	0	0
Net investment in leases and loans, excluding allowance for credit losses (includes $12.1 million and $30.4 million at September 30, 2021 and December 31, 2020, respectively, related to consolidated VIEs)	30,810	19,293
Current [Member] | CVG [Member]
Amount of portfolio [Line Items]
2020	21,695	17,065
2019	13,879	30,805
2018	23,270	13,733
2017	8,735	5,938
2016	2,393	1,659
Prior	395	30
Net investment in leases and loans, excluding allowance for credit losses (includes $12.1 million and $30.4 million at September 30, 2021 and December 31, 2020, respectively, related to consolidated VIEs)	70,367	69,230
Current [Member] | CRA [Member]
Amount of portfolio [Line Items]
2020	1,019	1,091
2019	0	0
2018	0	0
2017	0	0
2016	0	0
Prior	0	0
Net investment in leases and loans, excluding allowance for credit losses (includes $12.1 million and $30.4 million at September 30, 2021 and December 31, 2020, respectively, related to consolidated VIEs)	$ 1,019	$ 1,091

Allowance for Credit Losses -_3

Allowance for Credit Losses - Non-accrual Leases and Loans in Company's Portfolio (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-accrual leases and loans, end of period	$ 10,119	$ 14,289
Equipment Finance [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-accrual leases and loans, end of period	2,485	5,543
Working capital Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-accrual leases and loans, end of period	139	932
CVG [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-accrual leases and loans, end of period	$ 7,495	$ 7,814

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets - Narratives (Details) - USD ($)	3 Months Ended			9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Mar. 31, 2020	Sep. 30, 2021	Sep. 30, 2020
Acquired Finite-Lived Intangible Assets [Line Items]
Goodwill			$ 6,700,000
Amortization of Intangible Assets				$ 500,000	$ 600,000
Goodwill Impairment Loss	$ 0	$ 0	$ 6,700,000	0	6,735,000
Indefinite-lived Intangible Assets	$ 0			0
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)				$ 0	$ 0

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets - Intangible Assets (Detail) $ in Thousands	9 Months Ended
	Sep. 30, 2021USD ($)
Finite Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 7,350
Accumulated Amortization	2,175
Net Value	$ 5,175
Vendor Relationships [Member]
Finite Lived Intangible Assets [Line Items]
Useful Life	11 years
Gross Carrying Amount	$ 7,290
Accumulated Amortization	2,134
Net Value	$ 5,156
Corporate Trade Name [Member]
Finite Lived Intangible Assets [Line Items]
Useful Life	7 years
Gross Carrying Amount	$ 60
Accumulated Amortization	41
Net Value	$ 19

Goodwill and Intangible Asset_4

Goodwill and Intangible Assets - Amortization Expense (Details) $ in Thousands	Sep. 30, 2021USD ($)
Amortization expense for the next five years [Abstract]
Remainder of 2021	$ 168
2022	671
2023	671
2024	663
2025	$ 663

Other Assets (Details)

Other Assets (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Other Assets [Abstract]
Accrued fees receivable	$ 2,289	$ 2,928
Prepaid expenses	2,404	2,790
Income taxes receivable	8,214	0
Federal Reserve Bank Stock	1,711	1,711
Other	1,942	2,783
Other assets, total	$ 16,560	$ 10,212

Deposits (Details)

Deposits (Details) - USD ($)	Sep. 30, 2021	Dec. 31, 2020
Contractual Maturities of Time Deposits [Abstract]
Remainder of 2021	$ 391,752,000
2022	204,023,000
2023	91,829,000
2024	33,321,000
2025	9,054,000
Total	729,979,000	$ 729,614,000
Cash and Cash Equivalents [Line Items]
Money market deposit accounts	55,000,000
Cash FDIC Insured Amount	$ 250,000
Weighted average all-in interest rate of all deposit liabilities outstanding	1.07%
MBB Certificate of Deposit [Member]
Cash and Cash Equivalents [Line Items]
Maximum time deposit liability denomination	$ 250,000
MMDA [Member]
Cash and Cash Equivalents [Line Items]
Maximum time deposit liability denomination	$ 250,000

Debt and Financing Arrangemen_3

Debt and Financing Arrangements - Narratives (Details) - USD ($)	Sep. 30, 2021	Dec. 31, 2020	Jul. 27, 2018
Debt and Financing Arrangements [Abstract]
Term securitization 2018-1	$ 11,719,000	$ 30,800,000	$ 201,650,000
Debt collateralized	12,800,000
Debt instrument collateralized by restricted deposits	3,200,000
Federal Funds [Member] | Marlin Business Bank [Member]
Debt Instrument Terms [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	25,000,000
Line of credit	0	$ 0
Federal Reserve Discount Window [Member]
Debt Instrument Terms [Line Items]
Net investment in leases are pledged as collateral	55,900,000
Federal Reserve Discount Window [Member] | Marlin Business Bank [Member]
Debt Instrument Terms [Line Items]
Debt Instrument, Unused Borrowing Capacity, Amount	50,200,000
Net investment in leases are pledged as collateral	$ 55,900,000

Debt and Financing Arrangemen_4

Debt and Financing Arrangements - Long-term Borrowings (Details) - USD ($)	Sep. 30, 2021	Dec. 31, 2020	Jul. 27, 2018
Variable Interest Entity [Line Items]
Term securitization 2018-1	$ 11,719,000	$ 30,800,000	$ 201,650,000
Unamortized debt issuance costs	(43,000)	(135,000)
Variable Interest Entity, Primary Beneficiary [Member]
Variable Interest Entity [Line Items]
Long-term borrowings related to consolidated VIEs	$ 11,676,000	$ 30,665,000

Debt and Financing Arrangemen_5

Debt and Financing Arrangements - Term Note Securitization (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2021	Dec. 31, 2020	Jul. 27, 2018
Debt Instrument [Line Items]
Term note securitization	$ 11,719	$ 30,800	$ 201,650
Class A-1 [Member]
Debt Instrument [Line Items]
Term note securitization	$ 0	0	77,400
Debt instrument maturity date	July, 2019
Weighted average coupon rate	2.55%
Class A-2 [Member]
Debt Instrument [Line Items]
Term note securitization	$ 0	0	55,700
Debt instrument maturity date	October, 2020
Weighted average coupon rate	3.05%
Class A-3 [Member]
Debt Instrument [Line Items]
Term note securitization	$ 0	0	36,910
Debt instrument maturity date	April, 2023
Weighted average coupon rate	3.36%
Class B [Member]
Debt Instrument [Line Items]
Term note securitization	$ 0	9,560	10,400
Debt instrument maturity date	May, 2023
Weighted average coupon rate	3.54%
Class C [Member]
Debt Instrument [Line Items]
Term note securitization	$ 1,869	11,390	11,390
Debt instrument maturity date	June, 2023
Weighted average coupon rate	3.70%
Class D [Member]
Debt Instrument [Line Items]
Term note securitization	$ 5,470	5,470	5,470
Debt instrument maturity date	July, 2023
Weighted average coupon rate	3.99%
Class E [Member]
Debt Instrument [Line Items]
Term note securitization	$ 4,380	$ 4,380	$ 4,380
Debt instrument maturity date	May, 2025
Weighted average coupon rate	5.02%
2018-1 [Member]
Debt Instrument [Line Items]
Weighted average coupon rate	3.05%

Debt and Financing Arrangemen_6

Debt and Financing Arrangements - Scheduled Principal and Interest Payments (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020	Jul. 27, 2018
Scheduled principal and interest payments on outstanding borrowings [Abstract]
Remainder of 2021, principal	$ 3,137
Principal, 2022	8,582
Scheduled principal payments	11,719	$ 30,800	$ 201,650
Remainder of 2021, interest	121
Interest, 2022	159
Scheduled interest payments	$ 280

Fair Value Measurements and D_3

Fair Value Measurements and Disclosures About Fair Value of Financial Instruments - Narrative (Details) - USD ($)	3 Months Ended			9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Mar. 31, 2020	Sep. 30, 2021	Sep. 30, 2020
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Goodwill Impairment Loss	$ 0	$ 0	$ 6,700,000	$ 0	$ 6,735,000
Fair Value Assets Level 1 To Level 2 Transfers Amount	$ 0			$ 0

Fair Value Measurements and D_4

Fair Value Measurements and Disclosures About Fair Value of Financial Instruments - Balances Measured at Fair Value on a Recurring Basis (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	$ 0	$ 11,624
ABS [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	3,719
Municipal Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	4,145
Mutual Fund [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	3,760
Level 1 [Member] | Fair Value, Measurements, Recurring [Member] | ABS [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Level 1 [Member] | Fair Value, Measurements, Recurring [Member] | Municipal Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
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	0	3,760
Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | ABS [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	3,719
Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | Municipal Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	4,145
Level 2 [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	0	0
Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | ABS [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Municipal Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Level 3 [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	$ 0	$ 0

Fair Value Measurements and D_5

Fair Value Measurements and Disclosures About Fair Value of Financial Instruments - Carrying Amount and Estimated Fair Value (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020	Sep. 30, 2020	Jul. 27, 2018
Assets, Fair Value Disclosure [Abstract]
Cash and Cash Equivalents	$ 222,260	$ 135,691	$ 195,132
Time deposits with banks	996	5,967
Restricted interest-earning deposits with banks	3,202	4,719	$ 5,771
Loans, net of allowance	793,232	825,056
Federal Reserve Bank Stock	1,711	1,711
Liabilities, Fair Value Disclosure [Abstract]
Deposits	783,203	729,614
Long-term borrowings	11,719	30,800		$ 201,650
Carrying Amount [Member]
Assets, Fair Value Disclosure [Abstract]
Cash and Cash Equivalents	222,260	135,691
Time deposits with banks	996	5,967
Restricted interest-earning deposits with banks	3,202	4,719
Loans, net of allowance	504,335	500,768
Federal Reserve Bank Stock	1,711	1,711
Liabilities, Fair Value Disclosure [Abstract]
Deposits	783,203	729,614
Long-term borrowings	11,676	30,665
Fair Value [Member]
Assets, Fair Value Disclosure [Abstract]
Cash and Cash Equivalents	222,260	135,691
Time deposits with banks	1,000	6,003
Restricted interest-earning deposits with banks	3,202	4,719
Loans, net of allowance	513,431	507,362
Federal Reserve Bank Stock	1,711	1,711
Liabilities, Fair Value Disclosure [Abstract]
Deposits	790,175	742,882
Long-term borrowings	$ 11,961	$ 31,114

Earnings Per Share - Net Income

Earnings Per Share - Net Income and Shares Used in Computing Basic and Diluted EPS (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended						9 Months Ended
	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Sep. 30, 2021	Sep. 30, 2020
Earnings Per Share, Basic [Abstract]
Net income (loss)	$ 5,481	$ 10,256	$ 6,851	$ 2,743	$ (5,882)	$ (11,821)	$ 22,588	$ (14,960)
Less: net income allocated to participating securities	(69)			(36)			(281)	0
Net income (loss) allocated to common stock	$ 5,412			$ 2,707			$ 22,307	$ (14,960)
Weighted average common shares outstanding	12,026,443			11,946,549			12,007,963	11,951,375
Less: Unvested restricted stock awards considered participating securities	(150,339)			(155,408)			(149,462)	(142,186)
Adjusted weighted average common shares used in computing basic EPS	11,876,104			11,791,141			11,858,501	11,809,189
Basic earnings (loss) per share	$ 0.46			$ 0.23			$ 1.88	$ (1.27)
Earnings Per Share, Diluted [Abstract]
Net income (loss) allocated to common stock	$ 5,412			$ 2,707			$ 22,307	$ (14,960)
Adjusted weighted average common shares used in computing basic EPS	11,876,104			11,791,141			11,858,501	11,809,189
Add: Effect of dilutive stock-based compensation awards	186,146			41,272			113,767	0
Adjusted weighted average common shares used in computing diluted EPS	12,062,250			11,832,413			11,972,268	11,809,189
Diluted earnings (loss) per share	$ 0.45			$ 0.23			$ 1.86	$ (1.27)
Antidilutive securities excluded from computation of earnings per share amount	112,216			230,428			132,619	286,349

Stockholders' Equity - Narrativ

Stockholders' Equity - Narratives (Details) $ / shares in Units, $ in Thousands	Oct. 28, 2021$ / shares	Sep. 30, 2021USD ($)$ / sharesshares	Jun. 30, 2021$ / shares	Mar. 31, 2021$ / shares	Sep. 30, 2020$ / sharesshares	Jun. 30, 2020$ / shares	Mar. 31, 2020$ / shares	Sep. 30, 2021USD ($)$ / sharesshares	Sep. 30, 2020$ / sharesshares
Regulatory Capital Requirements Miscellaneous Information [Abstract]
Total Risk Based Capital Required for Capital Adequacy to Risk Weighted Assets		0.08						0.08
Total Risk Based Capital Required to be Well Capitalized to Risk Weighted Assets		0.10						0.10
Percentage of transitional amounts for measurment of estimated allowance year one								25.00%
Percentage of transitional amounts for measurment of estimated allowance next two years								25.00%
Percentage of transitional amounts for measurment of estimated allowance during year three								75.00%
Cash dividends paid per share		$ 0.14	$ 0.14	$ 0.14	$ 0.14	$ 0.14	$ 0.14
Subsequent Event [Member]
Dividends Paid [Abstract]
Cash dividend declared on common stock, payable date	Nov. 18, 2021
Cash dividend declared on common stock, date of record	Nov. 8, 2021
Maximum [Member]
Regulatory Capital Requirements Miscellaneous Information [Abstract]
Cash dividends paid per share								$ 0.14
Maximum [Member] | Subsequent Event [Member]
Regulatory Capital Requirements Miscellaneous Information [Abstract]
Cash dividends paid per share	$ 0.14
Marlin Business Services Corp. [Member]
Regulatory Capital Requirements Miscellaneous Information [Abstract]
Total stockholders equity (regulatory) | $		$ 217,465						$ 217,465
Total Risk Based Capital Required for Capital Adequacy to Risk Weighted Assets		0.0800						0.0800
Tier One Leverage Capital Required for Capital Adequacy to Average Assets		0.0400						0.0400
Total Risk Based Capital to Risk Weighted Assets		0.2660						0.2660
Tier One Risk Based Capital Required for Capital Adequacy to Risk Weighted Assets		0.0600						0.0600
Total Risk Based Capital Required to be Well Capitalized to Risk Weighted Assets		0.1000						0.1000
Common Equity Tier One Risk Based Capital Required For Capital Adequacy To Risk Weighted Assets		0.0450						0.0450
Common Equity Tier One Risk Based Capital Required To Be Well Capitalized To Risk Weighted Assets		0.0650						0.0650
Marlin Business Bank [Member]
Regulatory Capital Requirements Miscellaneous Information [Abstract]
Total stockholders equity (regulatory) | $		$ 165,937						$ 165,937
Total Risk Based Capital Required for Capital Adequacy to Risk Weighted Assets		0.08						0.08
Tier One Leverage Capital Required for Capital Adequacy to Average Assets		0.04						0.04
FDIC Agreement Capital Required To Be Well Capitalized To Risk Weighted Assets		15.00%						15.00%
Total Risk Based Capital to Risk Weighted Assets		0.2194						0.2194
Tier One Risk Based Capital Required for Capital Adequacy to Risk Weighted Assets		0.06						0.06
Total Risk Based Capital Required to be Well Capitalized to Risk Weighted Assets		0.1000						0.1000
Common Equity Tier One Risk Based Capital Required For Capital Adequacy To Risk Weighted Assets		0.045						0.045
Common Equity Tier One Risk Based Capital Required To Be Well Capitalized To Risk Weighted Assets		0.065						0.065
New Capital Conservation Buffer		2.50%						2.50%
2017 Stock Repurchase Plan [Member]
Stock Repurchase [Abstract]
Stock Repurchased During Period, Average Cost Per Share									$ 16.09
Stock Repurchased During Period, Shares | shares									264,470
2014 Stock Repurchase Plan [Member]
Stock Repurchase [Abstract]
Stock Repurchased During Period, Average Cost Per Share		$ 22.44			$ 8.06			$ 14.07	$ 10.70
Stock Repurchased During Period, Shares | shares		36			18,446			16,198	41,466
2019 Stock Repurchase Plan [Member]
Stock Repurchase [Abstract]
Stock Repurchase Program, Remaining Authorized Repurchase Amount | $		$ 4,700						$ 4,700
Stock Repurchased During Period, Shares | shares		0			0			0

Stockholders' Equity - Regulato

Stockholders' Equity - Regulatory Capital Ratios (Details) $ in Thousands	Sep. 30, 2021USD ($)
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total Risk Based Capital Required for Capital Adequacy to Risk Weighted Assets	0.08
Total Risk Based Capital Required to be Well Capitalized to Risk Weighted Assets	0.10
Marlin Business Services Corp. [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Tier One Leverage Capital	$ 217,465
Tier One Leverage Capital Required for Capital Adequacy	40,076
Tier One Leverage Capital Required to be Well Capitalized	50,095
Common Equity Tier One Risk Based Capital	217,465
Common Equity Tier One Risk Based Capital Required For Capital Adequacy	38,640
Common Equity Tier One Risk Based Capital Required To Be Well Capitalized	55,813
Tier One Risk Based Capital	217,465
Tier One Risk Based Capital Required for Capital Adequacy	51,519
Tier One Risk Based Capital Required to be Well Capitalized	68,693
Total Risk Based Capital	228,405
Total Risk Based Capital Required for Capital Adequacy	68,693
Total Risk Based Capital Required to be Well Capitalized	$ 85,866
Tier One Leverage Capital to Average Assets	0.2171
Tier One Leverage Capital Required for Capital Adequacy to Average Assets	0.0400
Tier One Leverage Capital Required to be Well Capitalized to Average Assets	0.0500
Common Equity Tier One Risk Based Capital To Risk Weighted Assets	0.2533
Common Equity Tier One Risk Based Capital Required For Capital Adequacy To Risk Weighted Assets	0.0450
Common Equity Tier One Risk Based Capital Required To Be Well Capitalized To Risk Weighted Assets	0.0650
Tier One Risk Based Capital to Risk Weighted Assets	0.2533
Tier One Risk Based Capital Required for Capital Adequacy to Risk Weighted Assets	0.0600
Tier One Risk Based Capital Required to be Well Capitalized to Risk Weighted Assets	0.0800
Total Risk Based Capital to Risk Weighted Assets	0.2660
Total Risk Based Capital Required for Capital Adequacy to Risk Weighted Assets	0.0800
Total Risk Based Capital Required to be Well Capitalized to Risk Weighted Assets	0.1000
Marlin Business Bank [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Tier One Leverage Capital	$ 165,937
Tier One Leverage Capital Required for Capital Adequacy	37,210
Tier One Leverage Capital Required to be Well Capitalized	46,513
Common Equity Tier One Risk Based Capital	165,937
Common Equity Tier One Risk Based Capital Required For Capital Adequacy	36,131
Common Equity Tier One Risk Based Capital Required To Be Well Capitalized	52,189
Tier One Risk Based Capital	165,937
Tier One Risk Based Capital Required for Capital Adequacy	48,174
Tier One Risk Based Capital Required to be Well Capitalized	64,232
Total Risk Based Capital	176,181
Total Risk Based Capital Required for Capital Adequacy	64,232
Total Risk Based Capital Required to be Well Capitalized	$ 80,290
Tier One Leverage Capital to Average Assets	0.1784
Tier One Leverage Capital Required for Capital Adequacy to Average Assets	0.04
Tier One Leverage Capital Required to be Well Capitalized to Average Assets	0.0500
Common Equity Tier One Risk Based Capital To Risk Weighted Assets	0.2067
Common Equity Tier One Risk Based Capital Required For Capital Adequacy To Risk Weighted Assets	0.045
Common Equity Tier One Risk Based Capital Required To Be Well Capitalized To Risk Weighted Assets	0.065
Tier One Risk Based Capital to Risk Weighted Assets	0.2067
Tier One Risk Based Capital Required for Capital Adequacy to Risk Weighted Assets	0.06
Tier One Risk Based Capital Required to be Well Capitalized to Risk Weighted Assets	0.0800
Total Risk Based Capital to Risk Weighted Assets	0.2194
Total Risk Based Capital Required for Capital Adequacy to Risk Weighted Assets	0.08
Total Risk Based Capital Required to be Well Capitalized to Risk Weighted Assets	0.1000

Subsequent Events - Narratives

Subsequent Events - Narratives (Details)	Oct. 28, 2021USD ($)Number$ / shares	Sep. 30, 2021USD ($)$ / shares	Jun. 30, 2021$ / shares	Mar. 31, 2021$ / shares	Sep. 30, 2020$ / shares	Jun. 30, 2020$ / shares	Mar. 31, 2020$ / shares	Sep. 30, 2021USD ($)$ / shares	Oct. 22, 2021USD ($)
Subsequent Event [Line Items]
Quarterly cash dividends | $ / shares		$ 0.14	$ 0.14	$ 0.14	$ 0.14	$ 0.14	$ 0.14
Cash FDIC Insured Amount | $		$ 250,000						$ 250,000
Maximum [Member]
Subsequent Event [Line Items]
Quarterly cash dividends | $ / shares								$ 0.14
Subsequent Event [Member]
Subsequent Event [Line Items]
Cash dividend declared on common stock, payable date	Nov. 18, 2021
Cash dividend declared on common stock, date of record	Nov. 8, 2021
Dividends Payable, Amount Per Share | $ / shares	$ 0.14
Dividends Payable | $	$ 1,700,000
Number of consecutive quarterly cash dividends declared. | Number	41
Subsequent Event [Member] | Marlin Business Bank [Member]
Subsequent Event [Line Items]
Cash FDIC Insured Amount | $									$ 204,800,000
Fees related to assuming deposits by acquirer | $									$ 750,000
Subsequent Event [Member] | Maximum [Member]
Subsequent Event [Line Items]
Quarterly cash dividends | $ / shares	$ 0.14