The Bancorp, Inc. (TBBK) 10-Q31 Jul 202020 Q2 Quarterly reportFinancial data

Company Profile

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
Document and Entity Information - shares	Jun. 30, 2020	Jul. 31, 2020
Document and Entity Information [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2020
Document Fiscal Period Focus	Q2
Document Transition Report	false
Entity File Number	00-51018
Entity Registrant Name	THE BANCORP, INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	23-3016517
Entity Address, Address Line One	409 Silverside Road
Entity Address, City or Town	Wilmington
Entity Address, State or Province	DE
Entity Address, Postal Zip Code	19809
City Area Code	302
Local Phone Number	385-5000
Title of 12(b) Security	Common Stock, par value $1.00 per share
Trading Symbol	TBBK
Security Exchange Name	NASDAQ
Entity Filer Category	Accelerated Filer
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Emerging Growth Company	false
Entity Small Business	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		57,590,874
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2020
Entity Central Index Key	0001295401

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Cash and cash equivalents
Cash and due from banks	$ 5,094	$ 19,928
Interest earning deposits at Federal Reserve Bank	475,627	924,544
Total cash and cash equivalents	480,721	944,472
Investment securities, available-for-sale, at fair value	1,324,447	1,320,692
Investment securities, held-to-maturity (fair value $83,002 at December 31, 2019)		84,387
Commercial loans held-for-sale, at fair value	1,807,630	1,180,546
Loans, net of deferred loan fees and costs	2,322,737	1,824,245
Allowance for credit losses	(14,625)	(10,238)
Loans, net	2,308,112	1,814,007
Federal Home Loan Bank and Atlantic Central Bankers Bank stock	1,368	5,342
Premises and equipment, net	16,701	17,538
Accrued interest receivable	18,897	13,619
Intangible assets, net	2,710	2,315
Deferred tax asset, net	7,921	12,538
Investment in unconsolidated entity, at fair value	34,064	39,154
Assets held-for-sale from discontinued operations	128,463	140,657
Other assets	83,003	81,696
Total assets	6,214,037	5,656,963
Deposits
Demand and interest checking	5,089,741	4,402,740
Savings and money market	455,458	174,290
Time deposits		475,000
Total deposits	5,545,199	5,052,030
Securities sold under agreements to repurchase	42	82
Subordinated debentures	13,401	13,401
Long-term borrowings	40,639	40,991
Other liabilities	81,677	65,962
Total liabilities	5,680,958	5,172,466
SHAREHOLDERS' EQUITY
Common stock - authorized, 75,000,000 shares of $1.00 par value; 57,555,308 and 56,940,521 shares issued and outstanding at June 30, 2020 and December 31, 2019, respectively	57,555	56,941
Treasury stock, at cost (100,000 shares)	(866)	(866)
Additional paid-in capital	374,578	371,633
Retained earnings	81,028	50,742
Accumulated other comprehensive income	20,784	6,047
Total shareholders' equity	533,079	484,497
Total liabilities and shareholders' equity	$ 6,214,037	$ 5,656,963

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
ASSETS
Investment securities, held-to-maturity, fair value		$ 83,002
SHAREHOLDERS' EQUITY
Common stock, authorized (in shares)	75,000,000	75,000,000
Common stock, par value (in dollars per share)	$ 1	$ 1
Common stock, issued (in shares)	57,555,308	56,940,521
Common stock, outstanding	57,555,308	56,940,521
Treasury stock (in shares)	100,000	100,000

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Interest income
Loans, including fees	$ 41,577	$ 29,948	$ 80,893	$ 60,447
Investment securities:
Taxable interest	10,188	11,634	20,683	22,164
Tax-exempt interest	27	43	59	90
Interest earning deposits	107	2,455	1,730	4,957
Total interest income	51,899	44,080	103,365	87,658
Interest expense
Deposits	1,510	8,823	9,738	17,693
Short-term borrowings	15	526	180	1,029
Subordinated debentures	128	192	290	387
Total interest expense	1,653	9,541	10,208	19,109
Net interest income	50,246	34,539	93,157	68,549
Provision for credit losses	922	600	4,501	2,300
Net interest income after provision for credit losses	49,324	33,939	88,656	66,249
Non-interest income
Net realized and unrealized gains (losses) on commercial loans originated for sale	(940)	(148)	(6,096)	10,615
Change in value of investment in unconsolidated entity			(45)
Leasing related income	443	1,027	1,276	1,722
Other	478	495	1,049	889
Total non-interest income	20,366	19,749	36,965	50,114
Non-interest expense
Salaries and employee benefits	25,492	21,826	48,233	45,666
Depreciation and amortization	828	966	1,672	1,940
Rent and related occupancy cost	1,396	1,444	2,815	2,872
Data processing expense	1,177	1,223	2,346	2,492
Printing and supplies	168	202	326	342
Audit expense	407	396	808	863
Legal expense	2,229	1,534	3,142	2,858
Amortization of intangible assets	147	383	294	766
FDIC insurance	2,918	2,095	5,507	4,024
Software	3,386	3,060	6,863	5,981
Insurance	695	617	1,318	1,211
Telecom and IT network communications	402	318	794	643
Consulting	346	1,007	601	1,642
Lease termination expense		908		908
Other	3,029	3,540	6,319	6,540
Total non-interest expense	42,620	39,519	81,038	78,748
Income from continuing operations before income taxes	27,070	14,169	44,583	37,615
Income tax expense	6,787	3,575	11,139	9,610
Net income from continuing operations	20,283	10,594	33,444	28,005
Discontinued operations
Income (loss) from discontinued operations before income taxes	(274)	919	(1,049)	1,724
Income tax expense (benefit)	(59)	163	(264)	449
Income (loss) from discontinued operations, net of tax	(215)	756	(785)	1,275
Net income	$ 20,068	$ 11,350	$ 32,659	$ 29,280
Net income per share from continuing operations - basic	$ 0.35	$ 0.19	$ 0.58	$ 0.50
Net income (loss) per share from discontinued operations - basic		0.01	(0.01)	0.02
Net income per share - basic	0.35	0.20	0.57	0.52
Net income per share from continuing operations - diluted	0.35	0.19	0.58	0.49
Net income (loss) per share from discontinued operations - diluted		0.01	(0.01)	0.02
Net income per share - diluted	$ 0.35	$ 0.20	$ 0.57	$ 0.51
Service Fees On Deposit Accounts [Member]
Non-interest income
Non-interest income	$ 5	$ 14	$ 15	$ 61
ACH, Card And Other Payment Processing Fees [Member]
Non-interest income
Non-interest income	1,707	2,521	3,553	4,824
Prepaid, Debit Card And Related Fees [Member]
Non-interest income
Non-interest income	$ 18,673	$ 15,840	$ 37,213	$ 32,003

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME [Abstract]
Net income	$ 20,068	$ 11,350	$ 32,659	$ 29,280
Other comprehensive income Securities available-for-sale:
Change in net unrealized gains during the period	18,060	14,246	20,182	26,090
Amortization of losses previously held as available-for-sale		8	5	15
Other comprehensive income	18,060	14,254	20,187	26,105
Income tax expense related to items of other comprehensive income Securities available-for-sale:
Change in net unrealized gain during the period	4,876	3,845	5,449	7,044
Amortization of losses previously held as available-for-sale		2	1	4
Income tax expense related to items of other comprehensive income	4,876	3,847	5,450	7,048
Other comprehensive income, net of tax and reclassifications into net income	13,184	10,407	14,737	19,057
Comprehensive income	$ 33,252	$ 21,757	$ 47,396	$ 48,337

CONSOLIDATED STATEMENT OF CHANG

CONSOLIDATED STATEMENT OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($) $ in Thousands	Cumulative Effect, Period of Adoption, Adjustment [Member]Retained Earnings (Accumulated Deficit) [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member]	Common Stock [Member]	Treasury Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings (Accumulated Deficit) [Member]	Accumulated Other Comprehensive (Loss)/Income [Member]	Total
Balance at Dec. 31, 2018			$ 56,446	$ (866)	$ 366,181	$ (817)	$ (14,168)	$ 406,776
Balance, shares at Dec. 31, 2018			56,446,088
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income						17,930		17,930
Common stock issued from restricted units, net of tax benefits			$ 122		(122)
Common stock issued from restricted units, net of tax benefits, shares			121,916
Stock-based compensation					1,424			1,424
Other comprehensive income net of reclassification adjustments and tax							8,650	8,650
Balance at Mar. 31, 2019			$ 56,568	(866)	367,483	17,113	(5,518)	434,780
Balance (in shares) at Mar. 31, 2019			56,568,004
Balance at Dec. 31, 2018			$ 56,446	(866)	366,181	(817)	(14,168)	406,776
Balance, shares at Dec. 31, 2018			56,446,088
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income								29,280
Other comprehensive income net of reclassification adjustments and tax								19,057
Balance at Jun. 30, 2019			$ 56,875	(866)	368,771	28,463	4,889	458,132
Balance (in shares) at Jun. 30, 2019			56,874,956
Balance at Mar. 31, 2019			$ 56,568	(866)	367,483	17,113	(5,518)	434,780
Balance, shares at Mar. 31, 2019			56,568,004
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income						11,350		11,350
Common stock issued from restricted units, net of tax benefits			$ 307		(307)
Common stock issued from restricted units, net of tax benefits, shares			306,952
Stock-based compensation					1,595			1,595
Other comprehensive income net of reclassification adjustments and tax							10,407	10,407
Balance at Jun. 30, 2019			$ 56,875	(866)	368,771	28,463	4,889	458,132
Balance (in shares) at Jun. 30, 2019			56,874,956
Balance at Dec. 31, 2019	$ (2,373)	$ (2,373)	$ 56,941	(866)	371,633	50,742	6,047	$ 484,497
Balance, shares at Dec. 31, 2019			56,940,521					56,940,521
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income						12,591		$ 12,591
Common stock issued from option exercises, net of tax benefits			$ 74		546			620
Common stock issued from option exercises, net of tax benefits, shares			74,000
Common stock issued from restricted units, net of tax benefits			$ 411		(411)
Common stock issued from restricted units, net of tax benefits, shares			411,035
Stock-based compensation					1,216			1,216
Other comprehensive income net of reclassification adjustments and tax							1,553	1,553
Balance at Mar. 31, 2020			$ 57,426	(866)	372,984	60,960	7,600	498,104
Balance (in shares) at Mar. 31, 2020			57,425,556
Balance at Dec. 31, 2019	$ (2,373)	$ (2,373)	$ 56,941	(866)	371,633	50,742	6,047	$ 484,497
Balance, shares at Dec. 31, 2019			56,940,521					56,940,521
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income								$ 32,659
Other comprehensive income net of reclassification adjustments and tax								14,737
Balance at Jun. 30, 2020			$ 57,555	(866)	374,578	81,028	20,784	$ 533,079
Balance (in shares) at Jun. 30, 2020			57,555,308					57,555,308
Balance at Mar. 31, 2020			$ 57,426	(866)	372,984	60,960	7,600	$ 498,104
Balance, shares at Mar. 31, 2020			57,425,556
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income						20,068		20,068
Common stock issued from option exercises, net of tax benefits			$ 129		(129)
Common stock issued from option exercises, net of tax benefits, shares			129,752
Stock-based compensation					1,723			1,723
Other comprehensive income net of reclassification adjustments and tax							13,184	13,184
Balance at Jun. 30, 2020			$ 57,555	$ (866)	$ 374,578	$ 81,028	$ 20,784	$ 533,079
Balance (in shares) at Jun. 30, 2020			57,555,308					57,555,308

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Operating activities
Net income from continuing operations	$ 33,444	$ 28,005
Net income (loss) from discontinued operations	(785)	1,275
Adjustments to reconcile net income to net cash (used in) provided by operating activities
Depreciation and amortization	1,966	2,706
Provision for credit losses	4,501	2,300
Net amortization of investment securities discounts/premiums	9,008	8,640
Stock-based compensation expense	2,940	3,019
Loans originated for sale	(634,860)	(766,645)
Sale of commercial loans originated for resale	3,689	491,158
Loss (gain) on commercial loans originated for resale	135	(11,193)
Loss (gain) from discontinued operations	707	(243)
Fair value adjustment on investment in unconsolidated entity	45
Change in fair value of loans held-for-sale	3,600	(1,274)
Change in fair value of derivatives	2,361	1,852
Increase in accrued interest receivable	(5,278)	(1,814)
(Increase) decrease in other assets	15,303	(6,256)
Increase (decrease) in other liabilities	8,824	(372)
Net used in operating activities	(554,400)	(248,842)
Investing activities
Purchase of investment securities available-for-sale	(23,059)	(148,717)
Proceeds from redemptions and prepayments of securities available-for-sale	114,855	82,440
Net cash paid due to acquisitions, net of cash acquired	(3,920)
Net increase in loans	(506,680)	(57,465)
Net decrease in discontinued loans held-for-sale	10,337	23,537
Purchases of premises and equipment	(834)	(598)
Change in receivable from investment in unconsolidated entity	6	138
Return of investment in unconsolidated entity	5,045	1,261
Decrease in discontinued assets held-for-sale	1,150	5,185
Net used in investing activities	(403,100)	(94,219)
Financing activities
Net increase in deposits	493,169	56,032
Net decrease in securities sold under agreements to repurchase	(40)
Proceeds of short-term borrowings		45,000
Proceeds from the issuance of common stock	620
Net cash provided by financing activities	493,749	101,032
Net decrease in cash and cash equivalents	(463,751)	(242,029)
Cash and cash equivalents, beginning of period	944,472	554,302
Cash and cash equivalents, end of period	480,721	312,273
Supplemental disclosure:
Interest paid	9,295	19,045
Taxes paid	6,090	10,132
Non-cash investing and financing activities
Investment securities transferred in securitization transaction		41,633
Loans transferred in acquisition	3,961
Transfers of discontinued loans to discontinued other real estate owned	3,780	$ 5,295
Leased vehicles transferred to repossessed assets	$ 15,318

Structure of Company

Structure of Company	6 Months Ended
Structure of Company	Jun. 30, 2020
Structure of Company [Abstract]
Structure of Company	Note 1. Structure of Company The Bancorp, Inc., or the Company, is a Delaware corporation and a registered financial holding company. Its primary subsidiary is The Bancorp Bank, or the Bank, which is wholly owned by the Company. The Bank is a Delaware chartered commercial bank located in Wilmington, Delaware and is a Federal Deposit Insurance Corporation, or the FDIC, insured institution. In its continuing operations, the Bank has four primary lines of specialty lending: securities-backed lines of credit, or SBLOC, and cash value of insurance-backed lines of credit, or IBLOC, leasing (direct lease financing), Small Business Administration, or SBA, loans and loans generated for sale into capital markets primarily through commercial loan securitizations, or CMBS. Through the Bank, the Company also provides banking services nationally, which include prepaid and debit cards, private label banking, deposit accounts to investment advisors’ customers, card payment and other payment processing. The Company and the Bank are subject to regulation by certain state and federal agencies and, accordingly, they are examined periodically by those regulatory authorities. As a consequence of the extensive regulation of commercial banking activities, the Company’s and the Bank’s businesses may be affected by state and federal legislation and regulations.

Significant Accounting Policies

Significant Accounting Policies	6 Months Ended
Significant Accounting Policies	Jun. 30, 2020
Significant Accounting Policies [Abstract]
Significant Accounting Policies	Note 2. Significant Accounting Policies Basis of Presentation The financial statements of the Company, as of June 30, 2020 and for the three and six month periods ended June 30, 2020 and 2019, are unaudited. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America, or U.S. GAAP, have been condensed or omitted in this Form 10-Q pursuant to the rules and regulations of the Securities and Exchange Commission, or the SEC. However, in the opinion of management, these interim financial statements include all necessary adjustments to fairly present the results of the interim periods presented. The unaudited interim consolidated financial statements should be read in conjunction with the audited financial statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2019, or the 2019 Form 10-K Report. The results of operations for the six month period ended June 30, 2020 may not necessarily be indicative of the results of operations for the full year ending December 31, 2020. Revenue Recognition The Company recognizes revenue when the performance obligations related to the transfer of goods or services under the terms of a contract are satisfied. Some obligations are satisfied at a point in time while others are satisfied over a period of time. Revenue is recognized as the amount of consideration to which the Company expects to be entitled to in exchange for transferring goods or services to a customer. When consideration includes a variable component, the amount of consideration attributable to variability is included in the transaction price only to the extent it is probable that significant revenue recognized will not be reversed when uncertainty associated with the variable consideration is subsequently resolved. The Company’s contracts generally do not contain terms that require significant judgment to determine the variability impacting the transaction price. A performance obligation is deemed satisfied when the control over goods or services is transferred to the customer. Control is transferred to a customer either at a point in time or over time. To determine when control is transferred at a point in time, the Company considers indicators, including but not limited to the right to payment for the asset, transfer of significant risk and rewards of ownership of the asset and acceptance of the asset by the customer. When control is transferred over a period of time, for different performance obligations, either the input or output method is used to measure progress for the transfer. The measure of progress used to assess completion of the performance obligation varies between performance obligations and may be based on time throughout the period of service or on the value of goods and services transferred to the customer. As each distinct service or activity is performed, the Company transfers control to the customer based on the services performed as the customer simultaneously receives the benefits of those services. This timing of revenue recognition aligns with the resolution of any uncertainty related to variable consideration. Costs incurred to obtain a revenue producing contract generally are expensed when incurred as a practical expedient as the contractual period for the majority of contracts is one year or less. The Company’s revenue streams that are in the scope of Accounting Standards Codification (ASC) 606 include prepaid and debit card, card payment, ACH and deposit processing and other fees. The fees on those revenue streams are generally assessed and collected as the transaction occurs, or on a monthly or quarterly basis. The Company has completed its review of the contracts and other agreements that are within the scope of revenue guidance and did not identify any material changes to the timing or amount of revenue recognition. The Company’s accounting policies did not change materially since the principles of revenue recognition in American Standards Update ( ASU) 2014-09, “Revenue from Contracts with Customers” are largely consistent with previous practices already implemented and applied by the Company. The vast majority of the Company’s services related to its revenues are performed, earned and recognized monthly. Prepaid and debit card fees primarily include fees for services related to reconciliation, fraud detection, regulatory compliance and other services which are performed and earned daily or monthly and are also billed and collected on a monthly basis. Accordingly, there is no significant component of the services the Company performs or related revenues which are deferred. The Company earns transactional and/or interchange fees on prepaid card accounts when transactions occur and revenue is billed and collected monthly or quarterly. Certain volume or transaction based interchange expenses paid to payment networks such as Visa, reduce revenue which is presented net on the income statement. Card payment and ACH processing fees include transaction fees earned for processing merchant transactions. Revenue is recognized when a cardholder’s transaction is approved and settled, or monthly. ACH processing fees are earned on a per item basis as the transactions are processed for third-party clients and are also billed and collected monthly. Service charges on deposit accounts include fees and other charges the Company receives to provide various services, including, but not limited to, account maintenance, check writing, wire transfer and other services normally associated with deposit accounts. Revenue for these services is recognized monthly as the services are performed. The Company’s customer contracts do not typically have performance obligations and fees are collected and earned when the transaction occurs. The Company may, from time to time, waive certain fees for customers but generally does not reduce the transaction price to reflect variability for future reversals due to the insignificance of the amounts. Waiver of fees reduces the revenue in the period the waiver is granted to the customer. Leases The Company determines if an arrangement is a lease at inception. Operating lease right-of-use (ROU) assets and operating lease liabilities are included in our consolidated financial statements. ROU assets represent our right-of-use of an underlying asset for the lease term and lease liabilities represent our obligation to make lease payments pursuant to our leases. The ROU assets and liabilities are recognized at commencement of the lease based on the present value of lease payments over the lease term. To determine the present value of lease payments, the Company uses its incremental borrowing rate. The lease term may include options to extend or terminate the lease when it is reasonably certain that we will exercise that option. Lease expense is recognized on a straight-line basis over the lease term. Current Expected Credit Losses For loans and held-to-maturity debt securities, the Company, in 2020, began to utilize a current expected credit loss, or CECL, approach to determine the allowance for credit losses. CECL requires loss estimates for the remaining estimated life of the financial asset using historical experience, current conditions, and reasonable and supportable forecasts. Risks and Uncertainties ASC 275 addresses disclosures when it is reasonably possible that estimates in the financial statements may change in future periods. The ultimate severity of the economic impact of Coronavirus is not known, but its negative impact may exceed the effect of current or future government mitigation efforts, which could impact loan performance. Additionally, under regulatory guidance loans may be granted six month payment deferrals without classification as non-accrual, delinquency or troubled debt restructuring, barring other information which would require such classification. We have followed the guidance of regulators and are granting such deferrals, but the duration of the crisis is uncertain and government actions after that period are unknown. Accordingly, our future estimates for the provision for credit losses could increase while the estimated values of loans accounted for on the basis of fair value could decrease, either of which would reduce our income.

Stock-Based Compensation

Stock-Based Compensation	6 Months Ended
Stock-Based Compensation	Jun. 30, 2020
Stock-Based Compensation [Abstract]
Stock-Based Compensation	Note 3. Stock-based Compensation The Company recognizes compensation expense for stock options in accordance with Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) 718, “Stock Based Compensation”. The expense of the option is generally measured at fair value at the grant date with compensation expense recognized over the service period, which is typically the vesting period. For grants subject to a service condition, the Company utilizes the Black-Scholes option-pricing model to estimate the fair value of each option on the date of grant. The Black-Scholes model takes into consideration the exercise price and expected life of the options, the current price of the underlying stock and its expected volatility, the expected dividends on the stock and the current risk-free interest rate for the expected life of the option. The Company’s estimate of the fair value of a stock option is based on expectations derived from historical experience and may not necessarily equate to its market value when fully vested. In accordance with ASC 718, the Company estimates the number of options for which the requisite service is expected to be rendered . At June 30, 2020, the Company had four active stock-based compensation plans. The 2020 equity compensation plan was approved at the annual meeting in May 2020 and is described in the proxy for that meeting. The other three plans are described in the Company’s 2019 Annual Report on the Form 10-K. The Company granted 300,000 stock options with a vesting period of four years during the six month period ended June 30, 2020. The weighted average grant-date fair value was $ 3.02 . The Company granted 65,104 stock options during the six month period ended June 30, 2019. The weighted average grant-date fair value was $ 3.84 . There were 74,000 common stock options exercised in the six month period ended June 30, 2020, and no common stock options exercised in the six month period ended June 30, 2019. A summary of the Company’s stock options is presented below. Weighted average remaining Weighted average contractual Aggregate Shares exercise price term (years) intrinsic value Outstanding at January 1, 2020 1,311,604 $ 8.24 3.11 $ 6,203,523 Granted 300,000 6.87 3.88 879,000 Exercised ( 74,000 ) 8.38 - 310,280 Expired ( 147,000 ) 7.81 - - Forfeited ( 8,000 ) 9.39 - - Outstanding at June 30, 2020 1,382,604 $ 7.97 4.57 $ 2,600,118 Exercisable at June 30, 2020 1,033,776 $ 8.27 2.83 $ 1,661,059 The Company granted 1,531,702 restricted stock units (RSUs) in the first six months of 2020 of which 1,387,602 have a vesting period of three years and 144,100 have a vesting period of one year . At issuance, the 1,531,702 RSUs granted in the first six months of 2020 had a fair value of $ 6.87 per unit. In the first six months of 2019, the Company granted 930,831 RSUs of which 863,331 had a vesting period of three years and 67,500 had a vesting period of one year . The 930,831 RSUs granted in the first six months of 2019 had a fair value of $ 8.57 per unit. A summary of the status of the Company’s RSUs is presented below. Weighted average Average remaining grant date contractual Shares fair value term (years) Outstanding at January 1, 2020 1,253,927 $ 8.87 1.64 Granted 1,531,702 6.87 2.70 Vested ( 540,790 ) 8.70 - Forfeited ( 12,971 ) 9.10 - Outstanding at June 30, 2020 2,231,868 $ 7.54 2.27 As of June 30, 2020, there was a total of $ 15.6 million of unrecognized compensation cost related to unvested awards under share-based plans. This cost is expected to be recognized over a weighted average period of approximately 2.4 years. Related compensation expense for the six months ended June 30, 2020 and 2019 was $ 3.0 million and $ 3.0 million, respectively. The total issuance date fair value of RSUs vested and options exercised during the six months ended June 30, 2020 and 2019 was $ 5.0 million and $ 3.5 million, respectively. The total intrinsic value of the options exercised and stock units vested in those respective periods was $ 6.2 million and $ 4.0 million, respectively. For the periods ended June 30, 2020 and 2019, the Company estimated the fair value of each stock option grant on the date of grant using the Black-Scholes options pricing model with the following weighted average assumptions: June 30, 2020 2019 Risk-free interest rate 0.68 % 2.63 % Expected dividend yield - - Expected volatility 45.20 % 41.83 % Expected lives (years) 1.0 - 6.3 1.0 - 6.3 Expected volatility is based on the historical volatility of the Company’s stock and peer group comparisons over the expected life of the grant. The risk-free rate for periods within the expected life of the option is based on the U.S. Treasury strip rate in effect at the time of the grant. The life of the option is based on historical factors which include the contractual term, vesting period, exercise behavior and employee terminations. In accordance with the ASC 718, Stock Based Compensation, stock based compensation expense for the period ended June 30, 2020 is based on awards that are ultimately expected to vest and has been reduced for estimated forfeitures. The Company estimated forfeitures using historical data based upon the groups identified by management.

Earnings Per Share

Earnings Per Share	6 Months Ended
Earnings Per Share	Jun. 30, 2020
Earnings Per Share [Abstract]
Earnings Per Share	Note 4. Earnings Per Share The Company calculates earnings per share under ASC 260, “Earnings Per Share”. Basic earnings per share exclude dilution and are computed by dividing income available to common shareholders by the weighted average common shares outstanding during the period. Diluted earnings per share takes into account the potential dilution that could occur if securities or other contracts to issue common stock were exercised and converted into common stock. The following tables show the Company’s earnings per share for the periods presented: For the three months ended June 30, 2020 Income Shares Per share (numerator) (denominator) amount (dollars in thousands except share and per share data) Basic earnings per share from continuing operations Net earnings available to common shareholders $ 20,283 57,489,719 $ 0.35 Effect of dilutive securities Common stock options and restricted stock units - 310,396 - Diluted earnings per share Net earnings available to common shareholders $ 20,283 57,800,115 $ 0.35 For the three months ended June 30, 2020 Income Shares Per share (numerator) (denominator) amount (dollars in thousands except share and per share data) Basic loss per share from discontinued operations Net loss available to common shareholders $ ( 215 ) 57,489,719 $ - Effect of dilutive securities Common stock options and restricted stock units - 310,396 - Diluted loss per share Net loss available to common shareholders $ ( 215 ) 57,800,115 $ - For the three months ended June 30, 2020 Income Shares Per share (numerator) (denominator) amount (dollars in thousands except share and per share data) Basic earnings per share Net earnings available to common shareholders $ 20,068 57,489,719 $ 0.35 Effect of dilutive securities Common stock options and restricted stock units - 310,396 - Diluted earnings per share Net earnings available to common shareholders $ 20,068 57,800,115 $ 0.35 Stock options for 488,500 shares, exercisable at prices between $ 6.75 and $ 7.36 per share, were outstanding at June 30, 2020, and included in the dilutive earnings per share computation. Stock options for 894,104 were anti-dilutive and not included in the earnings per share calculation. For the six months ended June 30, 2020 Income Shares Per share (numerator) (denominator) amount (dollars in thousands except share and per share data) Basic earnings per share from continuing operations Net earnings available to common shareholders $ 33,444 57,355,282 $ 0.58 Effect of dilutive securities Common stock options and restricted stock units - 501,509 - Diluted earnings per share Net earnings available to common shareholders $ 33,444 57,856,791 $ 0.58 For the six months ended June 30, 2020 Income Shares Per share (numerator) (denominator) amount (dollars in thousands except share and per share data) Basic loss per share from discontinued operations Net loss available to common shareholders $ ( 785 ) 57,355,282 $ ( 0.01 ) Effect of dilutive securities Common stock options and restricted stock units - 501,509 - Diluted loss per share Net loss available to common shareholders $ ( 785 ) 57,856,791 $ ( 0.01 ) For the six months ended June 30, 2020 Income Shares Per share (numerator) (denominator) amount (dollars in thousands except share and per share data) Basic earnings per share Net earnings available to common shareholders $ 32,659 57,355,282 $ 0.57 Effect of dilutive securities Common stock options and restricted stock units - 501,509 - Diluted earnings per share Net earnings available to common shareholders $ 32,659 57,856,791 $ 0.57 Stock options for 691,500 shares, exercisable at prices between $ 6.75 and $ 8.50 per share, were outstanding at June 30, 2020, and included in the dilutive earnings per share computation. Stock options for 691,104 were anti-dilutive and not included in the earnings per share calculation. For the three months ended June 30, 2019 Income Shares Per share (numerator) (denominator) amount (dollars in thousands except share and per share data) Basic earnings per share from continuing operations Net earnings available to common shareholders $ 10,594 56,702,182 $ 0.19 Effect of dilutive securities Common stock options and restricted stock units - 495,251 - Diluted earnings per share Net earnings available to common shareholders $ 10,594 57,197,433 $ 0.19 For the three months ended June 30, 2019 Income Shares Per share (numerator) (denominator) amount (dollars in thousands except share and per share data) Basic earnings per share from discontinued operations Net earnings available to common shareholders $ 756 56,702,182 $ 0.01 Effect of dilutive securities Common stock options and restricted stock units - 495,251 - Diluted earnings per share Net earnings available to common shareholders $ 756 57,197,433 $ 0.01 For the three months ended June 30, 2019 Income Shares Per share (numerator) (denominator) amount (dollars in thousands except share and per share data) Basic earnings per share Net earnings available to common shareholders $ 11,350 56,702,182 $ 0.20 Effect of dilutive securities Common stock options and restricted stock units - 495,251 - Diluted earnings per share Net earnings available to common shareholders $ 11,350 57,197,433 $ 0.20 Stock options for 984,104 shares, exercisable at prices between $ 6.75 and $ 8.57 per share, were outstanding at June 30, 2019, and included in the dilutive earnings per shares computation shares because the exercise price per share was less than the average market price. Stock options for 357,500 were anti-dilutive and not included in the earnings per share calculation. For the six months ended June 30, 2019 Income Shares Per share (numerator) (denominator) amount (dollars in thousands except share and per share data) Basic earnings per share from continuing operations Net earnings available to common shareholders $ 28,005 56,612,596 $ 0.50 Effect of dilutive securities Common stock options and restricted stock units - 418,610 ( 0.01 ) Diluted earnings per share Net earnings available to common shareholders $ 28,005 57,031,206 $ 0.49 For the six months ended June 30, 2019 Income Shares Per share (numerator) (denominator) amount (dollars in thousands except share and per share data) Basic earnings per share from discontinued operations Net earnings available to common shareholders $ 1,275 56,612,596 $ 0.02 Effect of dilutive securities Common stock options and restricted stock units - 418,610 - Diluted earnings per share Net earnings available to common shareholders $ 1,275 57,031,206 $ 0.02 For the six months ended June 30, 2019 Income Shares Per share (numerator) (denominator) amount (dollars in thousands except share and per share data) Basic earnings per share Net earnings available to common shareholders $ 29,280 56,612,596 $ 0.52 Effect of dilutive securities Common stock options and restricted stock units - 418,610 ( 0.01 ) Diluted earnings per share Net earnings available to common shareholders $ 29,280 57,031,206 $ 0.51 Stock options for 984,104 shares, exercisable at prices between $ 6.75 and $ 8.57 per share, were outstanding at June 30, 2019, and included in dilutive earnings per share computation shares because the exercise price per share was less than the average market price. Stock price for 357,500 anti-dilutive and not included in the earnings per share calculation.

Investment Securities

Investment Securities	6 Months Ended
Investment Securities	Jun. 30, 2020
Investment Securities [Abstract]
Investment Securities	Note 5. Investment Securities In March 2020, the Company transferred the four securities comprising its held-to-maturity securities portfolio to available-for-sale. The interest rates for these securities utilize LIBOR as a benchmark and were permitted to be transferred by a provision of ASU 2020-04, to maximize management and accounting flexibility as a result of the phase-out of LIBOR. The amortized cost, gross unrealized gains and losses, and fair values of the Company’s investment securities classified as available-for-sale and held-to-maturity at June 30, 2020 and December 31, 2019 are summarized as follows (in thousands): Available-for-sale June 30, 2020 Gross Gross Amortized unrealized unrealized Fair cost gains losses value U.S. Government agency securities $ 48,197 $ 2,348 $ ( 145 ) $ 50,400 Asset-backed securities * 241,276 - ( 6,079 ) 235,197 Tax-exempt obligations of states and political subdivisions 4,041 259 - 4,300 Taxable obligations of states and political subdivisions 53,599 3,451 - 57,050 Residential mortgage-backed securities 301,498 10,774 ( 123 ) 312,149 Collateralized mortgage obligation securities 185,834 4,667 ( 90 ) 190,411 Commercial mortgage-backed securities 376,424 19,345 ( 2,662 ) 393,107 Corporate debt securities 85,108 561 ( 3,836 ) 81,833 $ 1,295,977 $ 41,405 $ ( 12,935 ) $ 1,324,447 June 30, 2020 Gross Gross Amortized unrealized unrealized Fair * Asset-backed securities as shown above cost gains losses value Federally insured student loan securities $ 30,439 $ - $ ( 879 ) $ 29,560 Collateralized loan obligation securities 210,837 - ( 5,200 ) 205,637 $ 241,276 $ - $ ( 6,079 ) $ 235,197 Available-for-sale December 31, 2019 Gross Gross Amortized unrealized unrealized Fair cost gains losses value U.S. Government agency securities $ 52,415 $ 672 $ ( 177 ) $ 52,910 Asset-backed securities * 244,751 132 ( 534 ) 244,349 Tax-exempt obligations of states and political subdivisions 5,174 144 - 5,318 Taxable obligations of states and political subdivisions 58,258 1,992 - 60,250 Residential mortgage-backed securities 335,068 2,629 ( 1,101 ) 336,596 Collateralized mortgage obligation securities 221,109 1,826 ( 208 ) 222,727 Commercial mortgage-backed securities 394,852 3,836 ( 146 ) 398,542 $ 1,311,627 $ 11,231 $ ( 2,166 ) $ 1,320,692 December 31, 2019 Gross Gross Amortized unrealized unrealized Fair * Asset-backed securities as shown above cost gains losses value Federally insured student loan securities $ 33,852 $ 10 $ ( 323 ) $ 33,539 Collateralized loan obligation securities 210,899 122 ( 211 ) 210,810 $ 244,751 $ 132 $ ( 534 ) $ 244,349 Held-to-maturity December 31, 2019 Gross Gross Amortized unrealized unrealized Fair cost gains losses value Other debt securities - single issuers $ 9,219 $ - $ ( 2,067 ) $ 7,152 Other debt securities - pooled 75,168 682 - 75,850 $ 84,387 $ 682 $ ( 2,067 ) $ 83,002 Investments in Federal Home Loan Bank (FHLB) and Atlantic Central Bankers Bank stock are recorded at cost and amounted to $ 1.4 million and $ 5.3 million, respectively, at June 30, 2020 and December 31, 2019. The amount of FHLB stock required to be held is based on the amount of borrowings, and after such borrowings, the stock may be redeemed. The amortized cost and fair value of the Company’s investment securities at June 30, 2020, by contractual maturity, are shown below (in thousands). Expected maturities may differ from contractual maturities because borrowers have the right to call or prepay obligations with or without call or prepayment penalties. Available-for-sale Held-to-maturity Amortized Fair Amortized Fair cost value cost value Due before one year $ 4,583 $ 4,608 $ - $ - Due after one year through five years 114,902 121,416 - - Due after five years through ten years 222,239 231,130 - - Due after ten years 954,253 967,293 - - $ 1,295,977 $ 1,324,447 $ - $ - At June 30, 2020 and December 31, 2019, no investment securities were encumbered through pledging. Fair values of available-for-sale securities are based on the fair market values supplied by a third-party market data provider, or where such third-party market data is not available, fair values are based on discounted cash flows. The third-party market data provider uses a pricing matrix which it creates daily, taking into consideration actual trade data, projected prepayments, and when relevant, projected credit defaults and losses. The table below indicates the length of time individual securities had been in a continuous unrealized loss position at June 30, 2020 (dollars in thousands): Available-for-sale Less than 12 months 12 months or longer Total Number of securities Fair Value Unrealized losses Fair Value Unrealized losses Fair Value Unrealized losses Description of Securities U.S. Government agency securities 4 $ 3,025 $ ( 18 ) $ 3,732 $ ( 127 ) $ 6,757 $ ( 145 ) Asset-backed securities 40 197,851 ( 4,971 ) 37,346 ( 1,108 ) 235,197 ( 6,079 ) Residential mortgage-backed securities 10 3,856 ( 45 ) 8,833 ( 78 ) 12,689 ( 123 ) Collateralized mortgage obligation securities 10 23,192 ( 73 ) 3,779 ( 17 ) 26,971 ( 90 ) Commercial mortgage-backed securities 3 61,523 ( 2,602 ) 10,062 ( 60 ) 71,585 ( 2,662 ) Corporate debt securities 1 - - 6,164 ( 3,836 ) 6,164 ( 3,836 ) Total temporarily impaired investment securities 68 $ 289,447 $ ( 7,709 ) $ 69,916 $ ( 5,226 ) $ 359,363 $ ( 12,935 ) The table below indicates the length of time individual securities had been in a continuous unrealized loss position at December 31, 2019 (dollars in thousands): Available-for-sale Less than 12 months 12 months or longer Total Number of securities Fair Value Unrealized losses Fair Value Unrealized losses Fair Value Unrealized losses Description of Securities U.S. Government agency securities 5 $ 12,214 $ ( 44 ) $ 3,986 $ ( 133 ) $ 16,200 $ ( 177 ) Asset-backed securities 28 115,909 ( 275 ) 56,427 ( 260 ) 172,336 ( 535 ) Residential mortgage-backed securities 64 58,682 ( 114 ) 73,311 ( 987 ) 131,993 ( 1,101 ) Collateralized mortgage obligation securities 22 37,387 ( 85 ) 18,136 ( 123 ) 55,523 ( 208 ) Commercial mortgage-backed securities 4 35,095 ( 129 ) 3,162 ( 16 ) 38,257 ( 145 ) Total temporarily impaired investment securities 123 $ 259,287 $ ( 647 ) $ 155,022 $ ( 1,519 ) $ 414,309 $ ( 2,166 ) Held-to-maturity Less than 12 months 12 months or longer Total Number of securities Fair Value Unrealized losses Fair Value Unrealized losses Fair Value Unrealized losses Description of Securities Corporate and other debt securities: Single issuers 1 $ - $ - $ 7,152 $ ( 2,067 ) $ 7,152 $ ( 2,067 ) Total temporarily impaired investment securities 1 $ - $ - $ 7,152 $ ( 2,067 ) $ 7,152 $ ( 2,067 ) The Company owns one single issuer trust preferred security issued by an insurance company. The security is not rated by any bond rating service. At June 30, 2020, it had a book value of $ 10.0 million and a fair value of $ 6.2 million. The Company has evaluated the securities in the above tables as of June 30, 2020 and has concluded that no ne of these securities required an allowance for credit loss. The Company evaluates whether an allowance for credit loss is required by considering primarily the following factors: (a) the length of time and extent to which the fair value has been less than the amortized cost of the security, (b) changes in the financial condition, credit rating and near-term prospects of the issuer, (c) whether the issuer is current on contractually obligated interest and principal payments, (d) changes in the financial condition of the security’s underlying collateral and (e) the payment structure of the security. The Company’s determination of the best estimate of expected future cash flows, which is used to determine the credit loss amount, is a quantitative and qualitative process that incorporates information received from third-party sources along with internal assumptions and judgments regarding the future performance of the security. The Company concluded that most of the securities that are in an unrealized loss position are in a loss position because of changes in market interest rates after the securities were purchased. Securities that have been in an unrealized loss position for 12 months or longer include other securities whose market values are sensitive to market interest rates. The Company’s unrealized loss for other debt securities, which include one single issuer trust preferred security, is primarily related to general market conditions, including a lack of liquidity in the market. The severity of the impact of fair value in relation to the carrying amounts of the individual investments is consistent with market developments. The Company’s analysis of each investment is performed at the security level. As a result of its review, the Company concluded that an allowance was not required to recognize credit losses.

Loans

Loans	6 Months Ended
Loans	Jun. 30, 2020
Loans [Abstract]
Loans	Note 6. Loans The Company has several lending lines of business including SBA loans, direct lease financing, SBLOC and IBLOC and other specialty and consumer lending. T he Company also originates loans for sale into commercial mortgage-backed securitizations or to secondary government guaranteed loan markets. At origination, the Company elected fair value treatment for these loans held-for-sale to better reflect the economics of the transactions. At June 30, 2020, the fair value of the loans held-for-sale was $ 1.81 billion and their amortized cost was $ 1.81 billion. Included in “Net realized and unrealized gains (losses) on commercial loans originated for sale” in the consolidated statements of operations are changes in the estimate in fair value of unsold loans. For the six months ended June 30, 2020, unrealized losses recognized for such changes in fair value were $ 3.6 million of which $ 546,000 was attributable to credit weaknesses. For the six months ended June 30, 2019, unrealized gains recognized for such changes in fair value were $ 1.3 million. Interest earned on loans held-for-sale during the period held is recorded in Interest Income-Loans, including fees, in the consolidated statements of operations. The Bank also pledged the majority of its loans to the Federal Reserve Bank for a line of credit which it generally has not used. However, in light of the impact of the Coronavirus, the Federal Reserve has encouraged banks to utilize their lines to maximize the amount of funding available for credit markets. Accordingly, the Bank has periodically borrowed against its line on an overnight basis. The amount of loans pledged varies and the collateral may be unpledged at any time to the extent the collateral exceeds advances. The line is maintained consistent with the Bank’s liquidity policy which maximizes potential liquidity. The Company has periodically sponsored the structuring of commercial mortgage loan securitizations. The Company has sponsored six of these securitizations since 2017 which are described in the Company’s 2019 Annual Report on the Form 10-K . The loans sold to the commercial mortgage-backed securitizations are transitional commercial mortgage loans which are made to improve and rehabilitate existing properties which are already cash flowing. Servicing rights are not retained. Each of the securitizations is considered a variable interest entity of which the Company is not the primary beneficiary and so are not consolidated in our financial statements. Further, true sale accounting has been applicable to each of the securitizations, as supported by a review performed by an independent third-party consultant. In each of the securitizations, the Company has obtained a tranche of certificates which are accounted for as available-for-sale debt securities. The securities are recorded at fair value at acquisition, which is determined by an independent third party based on the discounted cash flow method using unobservable (level 3) inputs. The loans securitized are structured with some prepayment protection and with extension options which are common for rehabilitation loans. It was expected that those factors would generally offset the impact of prepayments which would therefore not be significant. Accordingly, prepayments on CRE securities were not originally assumed in the first four securitizations. However, as a result of higher than expected prepayments on CRE2, annual prepayments of 15 % on CRE5 were assumed, beginning after the first-year anniversary of the CRE5 securitization. For CRE6, there was no premium or discount associated with the tranche purchased and prepayments were accordingly not estimated. Because of credit enhancements for each security, cash flows were not reduced by expected losses. For each of the securitizations, the Company has recorded a gain which is comprised of (i) the excess of consideration received by the Company in the transaction over the carrying value of the loans at securitization, less related transactions costs incurred; and (ii) the recognition of previously deferred origination and exit fees. A summary of securitizations and securities obtained from those securitizations for the six month periods ended June 30, 2020 and 2019 is as follows:  In the first quarter of 2019, the Company sponsored The Bancorp Commercial Mortgage 2019-CRE5 Trust, securitizing $ 518.3 million of loans and recording a $ 10.8 million gain. The certificates obtained by the Company in the transaction had an acquisition date fair value of $ 41.6 million based upon an initial discount rate of 4.75 %. The Company analyzes credit risk prior to making loans on an individual loan basis. The Company considers relevant aspects of the borrowers’ financial position and cash flow, past borrower performance, management’s knowledge of market conditions, collateral and the ratio of loan amounts to estimated collateral value in making its credit determinations. Major classifications of loans, excluding loans held-for-sale, are as follows (in thousands): June 30, December 31, 2020 2019 SBL non-real estate $ 293,692 $ 84,579 SBL commercial mortgage 259,020 218,110 SBL construction 33,193 45,310 Small business loans * 585,905 347,999 Direct lease financing 422,505 434,460 SBLOC / IBLOC 1,287,350 1,024,420 Advisor financing * 15,529 - Other specialty lending 2,706 3,055 Other consumer loans **** 4,003 4,554 2,317,998 1,814,488 Unamortized loan fees and costs 4,739 9,757 Total loans, net of unamortized loan fees and costs $ 2,322,737 $ 1,824,245 June 30, December 31, 2020 2019 SBL loans, including deferred fees and costs of ($ 1,970 ) and $ 4,215 for June 30, 2020 and December 31, 2019, respectively $ 583,935 $ 352,214 SBL loans included in held-for-sale 225,401 220,358 Total small business loans $ 809,336 $ 572,572 * The preceding table shows small business loans, or SBL and SBL held-for-sale at the dates indicated (in thousands). Included in SBL non-real estate loans are $ 207.9 million of Paycheck Protection Program loans with estimated lives of less than one year. While the majority of SBL are comprised of SBA loans, SBL also includes $ 22.4 million of non-SBA loans as of June 30, 2020 and $ 17.0 million at December 31, 2019. Securities Backed Lines of Credit, or SBLOC, are collateralized by marketable securities, while Insurance Backed Lines of Credit, or IBLOC, are collateralized by the cash surrender value of insurance policies. At June 30, 2020 and December 31, 2019, respectively, IBLOC loans amounted to $ 284.3 million and $ 144.6 million. * In 2020, the Company began originating loans to investment advisors for purposes of debt refinance, acquisition of another firm or internal succession. Maximum loan amounts are subject to loan-to-value ratios of 70 %, based on third party business appraisals, but may be increased depending upon the debt service coverage ratio. Personal guarantees and blanket business liens are obtained as appropriate. **** Included in the table above under other consumer loans are demand deposit overdrafts reclassified as loan balances totaling $ 361,000 and $ 882,000 at June 30, 2020 and December 31, 2019, respectively. Estimated overdraft charge-offs and recoveries are reflected in the allowance for credit losses. The following table provides information about loans individually evaluated for credit loss at June 30, 2020 and December 31, 2019 (in thousands): June 30, 2020 Recorded investment Unpaid principal balance Related allowance Average recorded investment Interest income recognized Without an allowance recorded SBL non-real estate $ 415 $ 3,567 $ - $ 339 $ 5 SBL commercial mortgage 2,036 2,036 - 730 - SBL construction - - - - - Direct lease financing 296 296 - 5,401 - Consumer - home equity 574 574 - 549 5 With an allowance recorded SBL non-real estate 2,930 2,930 ( 1,991 ) 3,488 22 SBL commercial mortgage 971 971 ( 136 ) 971 - SBL construction 711 711 ( 25 ) 711 - Direct lease financing 2,583 2,583 ( 536 ) 831 - Consumer - home equity - - - 40 - Total SBL non-real estate 3,345 6,497 ( 1,991 ) 3,827 27 SBL commercial mortgage 3,007 3,007 ( 136 ) 1,701 - SBL construction 711 711 ( 25 ) 711 - Direct lease financing 2,879 2,879 ( 536 ) 6,232 - Consumer - home equity 574 574 - 589 5 $ 10,516 $ 13,668 $ ( 2,688 ) $ 13,060 $ 32 December 31, 2019 Recorded investment Unpaid principal balance Related allowance Average recorded investment Interest income recognized Without an allowance recorded SBL non-real estate $ 335 $ 2,717 $ - $ 277 $ 5 SBL commercial mortgage 76 76 - 15 - SBL construction - - - 284 - Direct lease financing 286 286 - 362 11 Consumer - home equity 489 489 - 1,161 9 With an allowance recorded SBL non-real estate 3,804 4,371 ( 2,961 ) 3,925 30 SBL commercial mortgage 971 971 ( 136 ) 561 - SBL construction 711 711 ( 36 ) 284 - Direct lease financing - - - 244 - Consumer - home equity 121 121 ( 9 ) 344 - Total SBL non-real estate 4,139 7,088 ( 2,961 ) 4,202 35 SBL commercial mortgage 1,047 1,047 ( 136 ) 576 - SBL construction 711 711 ( 36 ) 568 - Direct lease financing 286 286 - 606 11 Consumer - home equity 610 610 ( 9 ) 1,505 9 $ 6,793 $ 9,742 $ ( 3,142 ) $ 7,457 $ 55 The following table summarizes non-accrual loans with and without allowance for credit losses as of the periods indicated (in thousands): June 30, 2020 December 31, 2019 Non-accrual loans with a related ACL * Non-accrual loans without a related ACL * Total non-accrual loans Total non-accrual loans SBL non-real estate $ 2,684 $ 363 $ 3,047 $ 3,693 SBL commercial mortgage 971 2,036 3,007 1,047 SBL construction 711 - 711 711 Direct leasing 2,583 296 2,879 - Consumer - 313 313 345 $ 6,949 $ 3,008 $ 9,957 $ 5,796 * Allowance for credit losses The following tables summarize the Company’s non-accrual loans, loans past due 90 days and still accruing and other real estate owned for the periods indicated (in thousands): June 30, December 31, 2020 2019 Non-accrual loans SBL non-real estate $ 3,047 $ 3,693 SBL commercial mortgage 3,007 1,047 SBL construction 711 711 Direct leasing 2,879 - Consumer 313 345 Total non-accrual loans 9,957 5,796 Loans past due 90 days or more and still accruing 352 3,264 Total non-performing loans 10,309 9,060 Other real estate owned - - Total non-performing assets $ 10,309 $ 9,060 Interest which would have been earned on loans classified as non-accrual for the six months ended June 30, 2020 and 2019, was $ 214,000 and $ 227,000 , respectively. No income on non-accrual loans was recognized during the six months ended June 30, 2020. In the six months ended June 30, 2020 a total of $ 197,000 was reversed from interest income, which represented interest accrued on loans placed into non-accrual status during the period. The Company’s loans that were modified as of June 30, 2020 and December 31, 2019 and considered troubled debt restructurings are as follows (dollars in thousands): June 30, 2020 December 31, 2019 Number Pre-modification recorded investment Post-modification recorded investment Number Pre-modification recorded investment Post-modification recorded investment SBL non-real estate 8 $ 944 $ 944 8 $ 1,309 $ 1,309 Direct lease financing 1 273 273 1 286 286 Consumer 2 479 479 2 489 489 Total 11 $ 1,696 $ 1,696 11 $ 2,084 $ 2,084 The balances below provide information as to how the loans were modified as troubled debt restructuring loans as of June 30, 2020 and December 31, 2019 (in thousands): June 30, 2020 December 31, 2019 Adjusted interest rate Extended maturity Combined rate and maturity Adjusted interest rate Extended maturity Combined rate and maturity SBL non-real estate $ - $ 32 $ 912 $ - $ 51 $ 1,258 Direct lease financing - 273 - - 286 - Consumer - - 479 - - 489 Total $ - $ 305 $ 1,391 $ - $ 337 $ 1,747 As of June 30, 2020, the Company had a troubled debt restructured loan that had been restructured within the last 12 months that has subsequently defaulted. In February 2020, a single borrower came under financial stress and agreed to an orderly liquidation of vehicles collateralizing their $ 15.3 million loan balance at March 31, 2020, which was reflected in the direct lease financing balance and in troubled debt restructurings at that date. The borrower subsequently filed for bankruptcy and the bankruptcy court gave us permission to sell the vehicles which were transferred to other assets as of June 30, 2020. We have begun selling the vehicles to repay the $ 13.3 million outstanding loan balance at June 30, 2020. While estimates of the disposition value of the vehicles exceed the balance due for this loan, there can be no assurance that all amounts will be fully collected or recovered from vehicle sales. Collection will depend on the strength of used vehicle markets which is difficult to predict. The Company had no commitments to extend additional credit to loans classified as troubled debt restructurings as of June 30, 2020 or December 31, 2019. When loans are classified as troubled debt restructurings, the loans are evaluated to assess repayment. If foreclosure is probable, collateral is valued and a specific reserve is established if the collateral valuation, less disposition costs, is lower than the recorded loan value. As of June 30, 2020, there were 11 troubled debt restructured loans with a balance of $ 1.7 million which had specific reserves of $ 510,000 . All of these reserves related to the non-guaranteed portion of SBA loans for start-up businesses. Effective January 1, 2020, current expected credit loss, or CECL, accounting replaced the prior incurred loss model that recognized losses when it became probable that a credit loss would be incurred, with a new requirement to recognize lifetime expected credit losses immediately when a financial asset is originated or purchased. The allowance for credit losses is a valuation account that is deducted from the amortized cost basis of loans to present the net amount expected to be collected on the loans. Loans, or portions thereof, are charged off against the allowance when they are deemed uncollectible. Loans are deemed uncollectible based on individual facts and circumstances including the quality of repayment sources, the length of collection efforts and the probability and timing of recoveries. During the first quarter of 2020, upon adoption of the guidance, the allowance for credit losses was increased by $ 2.6 million. Additionally, $ 569,000 was established as an allowance for off-balance sheet credit losses (for unfunded loan commitments) and recorded in other liabilities. These amounts did not impact our Consolidated Statement of Operations, as the guidance required these cumulative differences between the two accounting conventions to flow through retained earnings, net of their income tax benefit. The following table shows the effect of the adoption of CECL as of January 1, 2020 and the June 30, 2020 allowance for credit loss (in thousands). December 31, 2019 January 1, 2020 June 30, 2020 Incurred loss method CECL (day 1 adoption) CECL Amount % of Segment Amount % of Segment Amount % of Segment Allowance for credit losses on loans and leases SBL non real estate $ 4,914 8.33 % $ 4,766 8.08 % $ 4,726 1.61 % SBL commercial mortgage 1,458 0.71 % 2,009 0.98 % 2,614 1.01 % SBL construction 432 0.95 % 571 1.26 % 513 1.55 % Direct lease financing 2,426 0.56 % 4,788 1.10 % 5,808 1.34 % SBLOC 440 0.05 % 440 0.05 % 501 0.05 % IBLOC 113 0.08 % 72 0.05 % 142 0.05 % Advisor financing - 0.00 % - 0.00 % 116 0.75 % Other specialty lending (1) 97 0.39 % 170 0.40 % 153 5.65 % Consumer - other 40 0.88 % 58 1.27 % 52 1.30 % Unallocated 318 - - 0.00 % $ 10,238 0.56 % $ 12,874 0.71 % $ 14,625 0.63 % Liabilities: Allowance for credit losses on off-balance sheet credit exposures - 569 864 Total allowance for credit losses $ 10,238 $ 13,443 $ 15,489 (1) Included in other specialty lending are $ 36.6 million of SBA loans purchased for Community Reinvestment Act purposes. These loans are classified as SBL loans in our loan tables. Management estimates the allowance using relevant available internal and external historical loan performance information, current economic conditions and reasonable and supportable forecasts. Historical credit loss experience provides the initial basis for the estimation of expected credit losses over the lifetime of loans. Adjustments to historical loss information are made for differences in current loan-specific risk characteristics such as differences in underwriting standards, portfolio mix, credit quality, or term as well as for changes in economic conditions. The methodology used in the estimation of the allowance, which is performed at least quarterly, is designed to be responsive to changes in portfolio credit quality and the impact of current and future economic conditions on loan performance. The review of the appropriateness of the allowance is performed by the Chief Credit Officer and presented to the audit committee for their review. The allowance for credit losses is comprised of reserves, based on loan pools with similar risk characteristics based on a lifetime loss-rate model. Loans that do not share risk characteristics are evaluated on an individual basis. If foreclosure is believed to be probable or repayment is expected from the sale of the collateral, a reserve for deficiency is established within the allowance. Expected credit losses are based on the difference between loan principal and the estimated fair value of the collateral, adjusted for disposition costs as appropriate. For purposes of determining the pool-basis reserve, the loans not assigned an individual reserve are segregated by product type, to recognize differing risk profiles within portfolio segments. A historical loss rate is calculated for each product type, except SBLOC and IBLOC, based upon historical net charge-offs for that product. The loss rate is determined by classifying charge-off losses according to the year the related loans were originated, which is referred to as vintage analysis. The loss rate is then projected over the estimated remaining loan lives unique to each loan pool, to determine estimated lifetime losses. For SBLOC and IBLOC, since losses have not been incurred, probability of loss/loss given default considerations are utilized. Additionally, we add to the allowance a component for each pool based upon qualitative factors such as the Company’s current loan performance statistics as determined by pool. A similar process is employed to calculate a reserve assigned to off-balance sheet commitments, which are comprised of unfunded loan commitments and letters of credit. That reserve is recorded in other liabilities. The qualitative factors are intended to address factors that may not be reflected in historical loss rates and otherwise unaccounted for in the quantitative process. For periods beyond which we are able to develop reasonable and supportable forecasts, our model reverts to the historical loss rate. Even though portions of the allowance may be allocated to specific loans, the entire allowance is available for any credit that, in management’s judgment, should be charged off. The Company ranks its qualitative factors in five levels: minimal risk, low, moderate, moderate-high and high. When the Company adopted CECL as of January 1, 2020, the management assumption was that some degree of economic slowdown should be considered over the next eighteen months. That belief reflected the length of the current economic expansion and the relatively high level of unsustainable deficit spending. Accordingly, certain of the Company’s qualitative factors were set at moderate as of January 1, 2020. Based on the uncertainty as to how the Coronavirus would impact the Company’s loan pools, the Company increased other economic qualitative factors to moderate at June 30, 2020. For the non-guaranteed portion of SBA loans, the Company’s loss forecasting included a review of industry statistics; however, for that and its niche loan categories, the Company’s own charge-off history was the primary quantitative element in the forecasts. Below are the portfolio segments used to pool loans with similar risk characteristics and align with our methodology for measuring expected credit losses. These pools have similar collateral characteristics, and certain of these pools are broken down in determining and applying the vintage loss estimates previously discussed. For instance, direct lease financing analyzes government and public leases separately. A summary of our primary portfolio pools is as follows: As of June 30, 2020 2020 2019 2018 2017 2016 Prior Revolving loans at amortized cost Total SBL non real estate Non-rated $ 205,247 $ - $ - $ 205,247 Pass (I-IV) 5,484 9,701 12,809 7,124 7,887 11,923 - 54,928 Special mention - - 1,164 43 534 750 - 2,491 Substandard - 43 - 635 1,386 1,929 - 3,993 Total SBL non-real estate 210,731 9,744 13,973 7,802 9,807 14,602 - 266,659 SBL commercial mortgage Non-rated 7,037 8,795 - - - - - 15,832 Pass (I-IV) 11,840 53,823 44,165 43,370 32,767 37,966 - 223,931 Special mention - - - - - 261 - 261 Substandard - - - - 76 8,098 - 8,174 Total SBL commercial mortgage 18,877 62,618 44,165 43,370 32,843 46,325 - 248,198 SBL construction Non-rated 382 - - - - - - 382 Pass (I-IV) 698 16,907 14,878 - - - - 32,483 Special mention - - - - - - - - Substandard - - - - 711 - - 711 Total SBL construction 1,080 16,907 14,878 - 711 - - 33,576 Direct lease financing Non-rated 5,235 3,839 2,837 1,421 763 62 - 14,157 Pass (I-IV) 157,214 114,013 69,443 38,538 16,872 4,755 - 400,835 Special mention - - - - 8 - - 8 Substandard 5,703 315 529 224 674 61 - 7,506 Total direct lease financing 168,152 118,167 72,809 40,183 18,317 4,878 - 422,506 SBLOC Non-rated - - - - - - 19,126 19,126 Pass (I-IV) - - - - - - 987,668 987,668 Special mention - - - - - - - - Substandard - - - - - - - - Total SBLOC - - - - - - 1,006,794 1,006,794 IBLOC Non-rated - - - - - - 75,814 75,814 Pass (I-IV) - - - - - - 208,486 208,486 Special mention - - - - - - - - Substandard - - - - - - - - Total IBLOC - - - - - - 284,300 284,300 Other specialty Non-rated 2,696 - - - - - - 2,696 Pass (I-IV) 117 3,688 7,001 7,202 7,221 13,108 - 38,337 Special mention - - - - - - - - Substandard - - - - - - - - Total other specialty 2,813 3,688 7,001 7,202 7,221 13,108 - 41,033 Advisor financing Non-rated 140 - - - - - - 140 Pass (I-IV) 15,529 - - - - - - 15,529 Special mention - - - - - - - - Substandard - - - - - - - - Total advisor financing 15,669 - - - - - - 15,669 Consumer Non-rated 521 - - 16 - 1,682 - 2,219 Pass (I-IV) - - - - - 1,471 - 1,471 Special mention - - - - - - - - Substandard - - - - - 312 - 312 Total consumer 521 - - 16 - 3,465 - 4,002 Total $ 417,843 $ 211,124 $ 152,826 $ 98,573 $ 68,899 $ 82,378 $ 1,291,094 $ 2,322,737 SBL. Substantially all of our small business loans consist of SBA loans. We participate in three loan programs established by the SBA: the 7(a) Loan Guarantee Program and the 504 Fixed Asset Financing Program. The 7(a) Loan Guarantee Program is designed to help small business borrowers start or expand their businesses by providing partial guarantees of loans made by banks and non-bank lending institutions for specific business purposes, including long or short term working capital; funds for the purchase of equipment, machinery, supplies and materials; funds for the purchase, construction or renovation of real estate; and funds to acquire, operate or expand an existing business or refinance existing debt, all under conditions established by the SBA. The 504 Fixed Asset Financing Program includes the financing of real estate and commercial mortgages. In 2020, we are participating in the Paycheck Protection Program, which provides short-term loans to small businesses, which are fully guaranteed by the U.S. government. This program was a specific response to the Coronavirus, and these loans are expected to be off the books within one year of their origination. We segment the SBL portfolio into three pools: non real estate, commercial mortgage and construction to capture the risk characteristics of each pool. The qualitative factors for SBL loans focus on pool loan performance, underlying collateral for collateral dependent loans and changes in economic conditions. Additionally, the construction segment adds a qualitative factor for general construction risk. Direct lease financing. We provide lease financing for commercial and government vehicle fleets and, to a lesser extent, provide lease financing for other equipment. Our leases are either open-end or closed-end. An open-end lease is one in which, at the end of the lease term, the lessee must pay us the difference between the amount at which we sell the leased asset and the stated termination value. Termination value is a contractual value agreed to by the parties at the inception of a lease as to the value of the leased asset at the end of the lease term. A closed-end lease is one for which no such payment is due on lease termination. In a closed-end lease, the risk that the amount received on a sale of the leased asset will be less than the residual value is assumed by us, as lessor. The qualitative factors for all direct lease financing focus on underlying collateral for collateral dependent loans, portfolio loan performance, concentrations and changes in economic conditions. SBLOC. Our SBLOC loans to individuals, trusts and entities are secured by a pledge of marketable securities maintained in one or more accounts with respect to which we obtain a securities account control agreement. The securities pledged may be either debt or equity securities or a combination thereof, but all such securities must be listed for trading on a national securities exchange or automated inter-dealer quotation system. SBLOCs are typically payable on demand. Maximum SBLOC line amounts are calculated by applying a standard ‘advance rate’ calculation against the eligible security type depending on asset class: typically up to 50 % for equity securities and mutual fund securities and 80 % for investment grade (Standard & Poor’s rating of BBB- or higher, or Moody’s rating of Baa3 or higher) municipal or corporate debt securities. Substantially all SBLOCs have full recourse to the borrower. The underlying securities collateral for our SBLOC loans are monitored on a daily basis to confirm the composition of the client portfolio and its daily market value. The primary qualitative factor in the SBLOC analysis is the ratio of loans outstanding to market value. This factor has been maintained at low levels, as no losses were incurred during the first quarter of 2020, notwithstanding historic declines in equity markets. Further significant losses have not been incurred since inception of this line of business. Additionally, the advance rates noted above were set to anticipate even higher potential market declines in the future. IBLOC. Our IBLOC loans are collateralized by the cash surrender value of insurance policies. Should a loan default, the primary risks for IBLOCs are if the insurance company issuing the policy were to become insolvent, or if that company would fail to recognize the Bank’s assignment of policy proceeds. To mitigate these risks, insurance company ratings are periodically evaluated for compliance with Bank standards. Additionally, the Bank utilizes assignments of cash surrender value which legal counsel has concluded are enforceable. The qualitative factors for IBLOC primarily focus on the concentration risk with insurance companies, should they err in their procedures. Advisor financing. In 2020, we began originating loans to investment advisors for purposes of debt refinance, acquisition of another firm or internal succession. Maximum loan amounts are subject to loan-to-value ratios of 70 %, based on third party business appraisals, but may be increased depending upon the debt service coverage ratio. Personal guarantees and blanket business liens are obtained as appropriate. The qualitative factors for advisor financing focus on changes in the lending policies and procedures, changes in economic conditions and portfolio performance. Other specialty lending and consumer loans. Our other specialty lending loans and consumer loans are categories of loans which we generally no longer offer. The loans primarily are consumer loans and home equity loans. The qualitative factors for all other specialty lending and consumer loans focus on changes in the underlying collateral for collateral dependent loans, portfolio loan performance, concentrations and changes in economic conditions. Expected credit losses are estimated over the estimated remaining lives of loans. The estimate excludes possible extensions, renewals and modifications unless either of the following applies: management has a reasonable expectation that a loan will be restructured, or the extension or renewal options are included in the borrower contract and are not unconditionally cancellable by us. We do not measure an allowance for credit losses on accrued interest receivable balances because these balances are written off in a timely manner as a reduction to interest income when loans are placed on non-accrual status. Allowance for credit losses on off-balance sheet credit exposures. The Company estimates expected credit losses over the contractual period in which the Company is exposed to credit risk via a contractual obligation to extend credit, unless that obligation is unconditionally cancellable by the Company. The allowance for credit losses on off-balance sheet credit exposures is adjusted through the provision for credit losses. The estimate considers the likelihood that funding will occur over the estimated life of the commitment. The amount of the allowance in the liability account as of June 30, 2020 was $ 864,000 . A detail of the changes in the allowance for credit losses by loan category and summary of loans evaluated individually and collectively for impairment is as follows (in thousands): June 30, 2020 SBL non-real estate SBL commercial mortgage SBL construction Direct lease financing SBLOC / IBLOC Advisor financing Other specialty lending Other consumer loans Unallocated Total Beginning 12/31/2019 $ 4,985 $ 1,472 $ 432 $ 2,426 $ 553 $ - $ 12 $ 40 $ 318 $ 10,238 1/1 CECL adjustment ( 220 ) 537 139 2,362 ( 41 ) - 158 20 ( 318 ) 2,637 Charge-offs ( 1,048 ) - - ( 1,552 ) - - - - - ( 2,600 ) Recoveries 60 - - 84 - - - - - 144 Provision (credit) 949 605 ( 58 ) 2,488 131 116 ( 17 ) ( 8 ) - 4,206 Ending balance $ 4,726 $ 2,614 $ 513 $ 5,808 $ 643 $ 116 $ 153 $ 52 $ - $ 14,625 Ending balance: Individually evaluated for expected credit loss $ 1,991 $ 136 $ 26 $ 536 $ - $ - $ - $ - $ - $ 2,689 Ending balance: Collectively evaluated for expected credit loss $ 2,735 $ 2,478 $ 487 $ 5,272 $ 643 $ 116 $ 153 $ 52 $ - $ 11,936 Loans: Ending balance $ 293,692 $ 259,020 $ 33,193 $ 422,505 $ 1,287,350 $ 15,529 $ 2,706 $ 4,003 $ 4,739 $ 2,322,737 Ending balance: Individually evaluated for expected credit loss $ 3,345 $ 3,007 $ 711 $ 2,879 $ - $ - $ - $ 574 $ - $ 10,516 Ending balance: Collectively evaluated for expected credit loss $ 290,347 $ 256,013 $ 32,482 $ 419,626 $ 1,287,350 $ 15,529 $ 2,706 $ 3,429 $ 4,739 $ 2,312,221 December 31, 2019 SBL non-real estate SBL commercial mortgage SBL construction Direct lease financing SBLOC / IBLOC Other specialty lending Other consumer loans Unallocated Total Beginning 1/1/2019 $ 4,636 $ 941 $ 250 $ 2,025 $ 393 $ 60 $ 108 $ 240 $ 8,653 Charge-offs ( 1,362 ) - - ( 528 ) - - ( 1,103 ) - ( 2,993 ) Recoveries 125 - - 51 - - 2 - 178 Provision (credit) 1,586 531 182 878 160 ( 48 ) 1,033 78 4,400 Ending balance $ 4,985 $ 1,472 $ 432 $ 2,426 $ 553 $ 12 $ 40 $ 318 $ 10,238 Ending balance: Individually evaluated for impairment $ 2,961 $ 136 $ 36 $ - $ - $ - $ 9 $ - $ 3,142 Ending balance: Collectively evaluated for impairment $ 2,024 $ 1,336 $ 396 $ 2,426 $ 553 $ 12 $ 31 $ 318 $ 7,096 - - Loans: Ending balance $ 84,579 $ 218,110 $ 45,310 $ 434,460 $ 1,024,420 $ 3,055 $ 4,554 $ 9,757 $ 1,824,245 - Ending balance: Individually evaluated for impairment $ 4,139 $ 1,047 $ 711 $ 286 $ - $ - $ 610 $ - $ 6,793 Ending balance: Collectively evaluated for impairment $ 80,440 $ 217,063 $ 44,599 $ 434,174 $ 1,024,420 $ 3,055 $ 3,944 $ 9,757 $ 1,817,452 - June 30, 2019 SBL non-real estate SBL commercial mortgage SBL construction Direct lease financing SBLOC Other specialty lending Other consumer loans Unallocated Total Beginning 1/1/2019 $ 4,636 $ 941 $ 250 $ 2,025 $ 393 $ 60 $ 108 $ 240 $ 8,653 Charge-offs ( 893 ) - - ( 185 ) - - ( 2 ) - ( 1,080 ) Recoveries 100 - - 16 - - - - 116 Provision (cr

Transactions With Affiliates

Transactions With Affiliates	6 Months Ended
Transactions With Affiliates	Jun. 30, 2020
Transactions With Affiliates [Abstract]
Transactions With Affiliates	N ote 7. Transactions with Affiliates The Bank did no t maintain any deposits for various affiliated companies as of June 30, 2020 and December 31, 2019, respectively. The Bank has entered into lending transactions in the ordinary course of business with directors, executive officers, principal stockholders and affiliates of such persons. All loans were made on substantially the same terms, including interest rate and collateral, as those prevailing at the time for comparable loans with persons not related to the lender. At June 30, 2020, these loans were current as to principal and interest payments and did not involve more than normal risk of collectability. Loans to these related parties amounted to $ 2.3 million at June 30, 2020 and December 31, 2019, respectively. The Bank periodically purchases securities under agreements to resell and engaged in other securities transactions through J.V.B. Financial Group, LLC, or JVB, a broker dealer in which the Company’s Chairman is a registered representative and has a minority interest. The Company’s Chairman also serves as the President, a director and the Chief Investment Officer of Cohen & Company Financial Limited (formerly Euro Dekania Management Ltd.), a wholly-owned subsidiary of Cohen & Company Inc. (formerly Institutional Financial Markets Inc.), the parent company of JVB. In the first six months of 2020, the Company did no t purchase any securities from JVB. In the first six months of 2019, the Company purchased $ 755,000 of government guaranteed SBA loans for Community Reinvestment Act purposes from JVB. Prices for these securities are verified to market rates and no separate commissions or fees are paid to that firm. The Company has historically purchased securities under agreements to resell through JVB primarily consisting of Government National Mortgage Association certificates which are full faith and credit obligations of the United States government issued at competitive rates. JVB was in compliance with all of the terms of the agreements at June 30, 2020 and had complied with all terms for all prior repurchase agreements. There were no repurchase agreements with JVB outstanding at June 30, 2020 and December 31, 2019, respectively. Mr. Hersh Kozlov, a director of the Company, is a partner at Duane Morris LLP, an international law firm. The Company paid Duane Morris LLP $ 734,000 and $ 692,000 for legal services for the six months ended June 30, 2020 and 2019, respectively.

Fair Value Measurements

Fair Value Measurements	6 Months Ended
Fair Value Measurements	Jun. 30, 2020
Fair Value Measurements [Abstract]
Fair Value Measurements	Note 8. Fair Value Measurements ASC 825, “Financial Instruments”, requires disclosure of the estimated fair value of an entity’s assets and liabilities considered to be financial instruments. For the Company, as for most financial institutions, the majority of its assets and liabilities are considered to be financial instruments. However, many such instruments lack an available trading market as characterized by a willing buyer and willing seller engaging in an exchange transaction. Accordingly, estimated fair values are determined by the Company using the best available data and an estimation methodology it believes to be suitable for each category of financial instruments. Also, it is the Company’s general practice and intent to hold its financial instruments to maturity whether or not categorized as “available-for-sale” and not to engage in trading or sales activities, except for the sale of commercial loans to secondary markets. For fair value disclosure purposes, the Company utilized certain value measurement criteria required under ASC 820, “Fair Value Measurements and Disclosures”, as discussed below. Changes in the assumptions or methodologies used to estimate fair values may materially affect the estimated amounts. Also, there may not be reasonable comparability between institutions due to the wide range of permitted assumptions and methodologies in the absence of active markets. This lack of uniformity gives rise to a high degree of subjectivity in estimating financial instrument fair values. Cash and cash equivalents, which are comprised of cash and due from banks, the Company’s balance at the Federal Reserve Bank and securities purchased under agreements to resell, had recorded values of $ 480.7 million and $ 944.5 million as of June 30, 2020 and December 31, 2019, respectively, which approximated fair values. The estimated fair values of investment securities are based on quoted market prices, if available, or estimated using a methodology based on management’s inputs. Level 3 investment security fair values are based on the present value of cash flows, which discounts expected cash flows from principal and interest using yield to maturity at the measurement date. In the second quarter of 2020 and 2019, there were no transfers between the three levels. FHLB and Atlantic Central Bankers Bank stock is held as required by those respective institutions and is carried at cost. Federal law requires a member institution of the FHLB to hold stock according to predetermined formulas. Atlantic Central Bankers Bank requires its correspondent banking institutions to hold stock as a condition of membership. Commercial loans held-for-sale generally have estimated fair values based upon market indications of the sales price of such loans from recent sales transactions. If such information is not available, fair values reflect cash flow analysis based upon pricing for similar loans. The net loan portfolio is valued using the present value of discounted cash flow where market prices were not available. The discount rate used in these calculations is the estimated current market rate adjusted for credit risk. Accrued interest receivable has a carrying value that approximates fair value. On December 30, 2014, the Bank entered into an agreement for, and closed on, the sale of a portion of its discontinued commercial loan portfolio. The purchaser of the loan portfolio was a newly formed entity, 2014-1 LLC (Walnut Street). The price paid to the Bank for the loan portfolio which had a face value of approximately $ 267.6 million, was approximately $ 209.6 million, of which approximately $ 193.6 million was in the form of two notes issued by Walnut Street to the Bank; a senior note in the principal amount of approximately $ 178.2 million bearing interest at 1.5 % per year and maturing in December 2024 and a subordinate note in the principal amount of approximately $ 15.4 million, bearing interest at 10.0 % per year and maturing in December 2024. The balance of these notes comprises the balance of the investment in unconsolidated entity on the consolidated balance sheets, which is measured at fair value at each balance sheet date. The fair value was initially established by the sales price and the investment is marked quarterly to fair value, as determined using a discounted cash flow analysis. The change in value of investment in unconsolidated entity in the consolidated statements of operations reflects changes in estimated fair value. Interest paid to the bank on the notes is credited to principal. Assets held-for-sale from discontinued operations are recorded at the lower of cost basis or market value. For loans, market value was determined using the discounted cash flow approach which converts expected cash flows from the loan portfolio by unit of measurement to a present value estimate. Unit of measurement was determined by loan type and for significant loans on an individual loan basis. The fair values of the Company’s loans classified as assets held-for-sale are based on “unobservable inputs” that are based on available information. Level 3 fair values are based on the present value of cash flows by unit of measurement. For commercial loans other than SBA loans, a market adjusted rate to discount expected cash flows from outstanding principal and interest to expected maturity at the measurement date was utilized. For SBA loans, market indications for similar loans were utilized on a pooled basis. For other real estate owned, market value was based upon appraisals of the underlying collateral by third-party appraisers, reduced by 7% to 10% for estimated selling costs. The estimated fair values of demand deposits (comprised of interest and non-interest bearing checking accounts, savings accounts, and certain types of money market accounts) are equal to the amount payable on demand at the reporting date (generally, their carrying amounts). The fair values of securities sold under agreements to repurchase and short-term borrowings are equal to their carrying amounts as they are short-term borrowings. Time deposits, when outstanding, and subordinated debentures have a fair value estimated using a discounted cash flow calculation that applies current interest rates to discount expected cash flows. The carrying amount of accrued interest payable approximates its fair value. Long term borrowings resulted from sold loans which did not qualify for true sale accounting. They are presented in the amount of the principal of such loans. The fair values of interest rate swaps, recorded as part of other assets, are determined using models that use readily observable market inputs and a market standard methodology applied to the contractual terms of the derivatives, including the period to maturity and interest rate indices. The fair value of commitments to extend credit is estimated based on the amount of unamortized deferred loan commitment fees. The fair value of letters of credit is based on the amount of unearned fees plus the estimated cost to terminate the letters of credit. Fair values of unrecognized financial instruments, including commitments to extend credit, and the fair value of letters of credit are considered immaterial. The following tables provide information regarding carrying amounts and estimated fair values (in thousands) as of the dates indicated: June 30, 2020 Quoted prices in Significant other Significant active markets for observable unobservable Carrying Estimated identical assets inputs inputs amount fair value (Level 1) (Level 2) (Level 3) Investment securities, available-for-sale $ 1,324,447 $ 1,324,447 $ - $ 1,133,892 $ 190,555 Federal Home Loan Bank and Atlantic Central Bankers Bank stock 1,368 1,368 - - 1,368 Commercial loans held-for-sale 1,807,630 1,807,630 - - 1,807,630 Loans, net of deferred loan fees and costs 2,322,737 2,320,425 - - 2,320,425 Investment in unconsolidated entity 34,064 34,064 - - 34,064 Assets held-for-sale from discontinued operations 128,463 128,463 - - 128,463 Interest rate swaps, liability 2,593 2,593 - 2,593 - Demand and interest checking 5,089,741 5,089,741 - 5,089,741 - Savings and money market 455,458 455,458 - 455,458 - Subordinated debentures 13,401 8,282 - - 8,282 Securities sold under agreements to repurchase 42 42 42 - - December 31, 2019 Quoted prices in Significant other Significant active markets for observable unobservable Carrying Estimated identical assets inputs inputs amount fair value (Level 1) (Level 2) (Level 3) Investment securities, available-for-sale $ 1,320,692 $ 1,320,692 $ - $ 1,203,359 $ 117,333 Investment securities, held-to-maturity 84,387 83,002 - 75,850 7,152 Federal Home Loan Bank and Atlantic Central Bankers Bank stock 5,342 5,342 - - 5,342 Commercial loans held-for-sale 1,180,546 1,180,546 - - 1,180,546 Loans, net of deferred loan fees and costs 1,824,245 1,826,154 - - 1,826,154 Investment in unconsolidated entity 39,154 39,154 - - 39,154 Assets held-for-sale from discontinued operations 140,657 140,657 - - 140,657 Interest rate swaps, liability 232 232 - 232 - Demand and interest checking 4,402,740 4,402,740 - 4,402,740 - Savings and money market 174,290 174,290 - 174,290 - Time deposits 475,000 475,000 - - 475,000 Subordinated debentures 13,401 9,736 - - 9,736 Securities sold under agreements to repurchase 82 82 82 - - The assets and liabilities measured at fair value on a recurring basis, segregated by fair value hierarchy, are summarized below (in thousands) as of the dates indicated: Fair Value Measurements at Reporting Date Using Quoted prices in Significant other Significant active markets for observable unobservable Fair value identical assets inputs inputs June 30, 2020 (Level 1) (Level 2) (Level 3) Investment securities, available-for-sale U.S. Government agency securities $ 50,400 $ - $ 50,400 $ - Asset-backed securities 235,197 - 235,197 - Obligations of states and political subdivisions 61,350 - 61,350 - Residential mortgage-backed securities 312,149 - 312,149 - Collateralized mortgage obligation securities 190,411 - 190,411 - Commercial mortgage-backed securities 393,107 - 284,385 108,722 Corporate debt securities 81,833 - - 81,833 Total investment securities available-for-sale 1,324,447 - 1,133,892 190,555 Commercial loans held-for-sale 1,807,630 - - 1,807,630 Investment in unconsolidated entity 34,064 - - 34,064 Assets held-for-sale from discontinued operations 128,463 - - 128,463 Interest rate swaps, liability 2,593 - 2,593 - $ 3,292,011 $ - $ 1,131,299 $ 2,160,712 Fair Value Measurements at Reporting Date Using Quoted prices in Significant other Significant active markets for observable unobservable Fair value identical assets inputs inputs December 31, 2019 (Level 1) (Level 2) (Level 3) Investment securities, available-for-sale U.S. Government agency securities $ 52,910 $ - $ 52,910 $ - Asset-backed securities 244,349 - 244,349 - Obligations of states and political subdivisions 65,568 - 65,568 - Residential mortgage-backed securities 336,596 - 336,596 - Collateralized mortgage obligation securities 222,727 - 222,727 - Commercial mortgage-backed securities 398,542 - 281,209 117,333 Total investment securities available-for-sale 1,320,692 - 1,203,359 117,333 Commercial loans held-for-sale 1,180,546 - - 1,180,546 Investment in unconsolidated entity 39,154 - - 39,154 Assets held-for-sale from discontinued operations 140,657 - - 140,657 Interest rate swaps, liability 232 - 232 - $ 2,680,817 $ - $ 1,203,127 $ 1,477,690 In addition, ASC 820 establishes a common definition for fair value to be applied to assets and liabilities. It clarifies that fair value is an exit price, representing the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. It also establishes a framework for measuring fair value and expands disclosures concerning fair value measurements. ASC 820 establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Level 1 valuation is based on quoted market prices for identical assets or liabilities to which the Company has access at the measurement date. Level 2 valuation is based on other observable inputs for the asset or liability, either directly or indirectly. This includes quoted prices for similar assets in active or inactive markets, inputs other than quoted prices that are observable for the asset or liability such as yield curves, volatilities, prepayment speeds, credit risks, default rates, or inputs that are derived principally from, or corroborated through, observable market data by market-corroborated reports. Level 3 valuation is based on “unobservable inputs” which the Company believes is the best information available in the circumstances. A financial instrument’s level within the fair value hierarchy is based on the lowest level of input that is significant to the fair value measurement. The Company’s Level 3 asset activity for the categories shown for year to date are summarized below (in thousands): Fair Value Measurements Using Significant Unobservable Inputs (Level 3) Available-for-sale Commercial loans securities held-for-sale June 30, 2020 December 31, 2019 June 30, 2020 December 31, 2019 Beginning balance $ 117,333 $ 24,390 $ 1,180,546 $ 688,471 Transfers into level 3 - 100,664 - - Transfers out of level 3 - - - - Reclass of held-to-maturity securities to available-for-sale 85,151 - - - Total gains or (losses) (realized/unrealized) Included in earnings - - ( 3,736 ) 25,986 Included in other comprehensive income 4,055 688 - - Purchases, issuances, sales and settlements Purchases - - - - Issuances - - 634,860 1,795,376 Sales - - - ( 1,329,287 ) Settlements ( 15,984 ) ( 8,409 ) ( 4,040 ) - Ending balance $ 190,555 $ 117,333 $ 1,807,630 $ 1,180,546 Total gains or (losses) year to date included in earnings attributable to the change in unrealized gains or losses relating to assets still held at the reporting date as shown above. $ - $ - $ ( 3,600 ) $ 963 The Company’s Level 3 asset activity for the categories shown for year to date are summarized below (in thousands): Fair Value Measurements Using Significant Unobservable Inputs (Level 3) Investment in Assets held-for-sale unconsolidated entity from discontinued operations June 30, 2020 December 31, 2019 June 30, 2020 December 31, 2019 Beginning balance $ 39,154 $ 59,273 $ 140,657 $ 197,831 Transfers into level 3 - - - - Transfers out of level 3 - - - - Total gains or (losses) (realized/unrealized) Included in earnings ( 45 ) - ( 819 ) ( 487 ) Included in other comprehensive income - - - - Purchases, issuances, sales, settlements and charge-offs Purchases - - - - Issuances - - 592 2,125 Sales - - ( 1,252 ) ( 7,136 ) Settlements ( 5,045 ) ( 20,119 ) ( 10,597 ) ( 49,021 ) Charge-offs - - ( 118 ) ( 2,655 ) Ending balance $ 34,064 $ 39,154 $ 128,463 $ 140,657 Total losses year to date included in earnings attributable to the change in unrealized gains or losses relating to assets still held at the reporting date as shown above. $ ( 45 ) $ - $ ( 819 ) $ ( 487 ) Level 3 instruments only Weighted Fair value at Range at average at June 30, 2020 Valuation techniques Unobservable inputs June 30, 2020 June 30, 2020 Commercial mortgage backed investment $ 108,722 Discounted cash flow Discount rate 3.16 % - 8.16 % 4.54 % securities available-for-sale (a) Insurance liquidating trust preferred security, 6,164 Discounted cash flow Discount rate 7.47 % 7.47 % available-for-sale (b) Corporate debt securities (c) 75,669 Traders' pricing Price indications $ 100.80 - $ 100.13 $ 100.90 Federal Home Loan Bank and Atlantic 1,368 Cost N/A N/A N/A Central Bankers Bank stock Loans, net of deferred loan fees and costs (d) 2,320,425 Discounted cash flow Discount rate 1.00 % - 6.55 % 2.56 % Commercial - SBA (e) 225,401 Traders' pricing Offered quotes $ 100.00 - $ 111.00 $ 104.70 Commercial - fixed (f) 84,690 Discounted cash flow Discount rate 5.06 % - 7.35 % 5.95 % Commercial - floating (g) 1,497,539 Discounted cash flow Discount rate 3.00 % - 6.81 % 4.80 % Commercial loans held-for-sale 1,807,630 Investment in unconsolidated entity (h) 34,064 Discounted cash flow Discount rate 5.87 % 5.87 % Default rate 1.00 % 1.00 % Assets held-for-sale from discontinued operations (i) 128,463 Discounted cash flow Discount rate, 3.08 % - 7.63 % 4.32 % Credit analysis Subordinated debentures (j) 8,282 Discounted cash flow Discount rate 7.47 % 7.47 % Level 3 instruments only Fair value at Range at December 31, 2019 Valuation techniques Unobservable inputs December 31, 2019 Commercial mortgage backed investment $ 117,333 Discounted cash flow Discount rate 4.05 % - 8.18 % securities available-for-sale (a) Insurance liquidating trust preferred security, 7,152 Discounted cash flow Discount rate 8.01 % available-for-sale (b) Federal Home Loan Bank and Atlantic 5,342 Cost N/A N/A Central Bankers Bank stock Loans, net of deferred loan fees and costs (d) 1,826,154 Discounted cash flow Discount rate 3.11 % - 6.93 % Commercial - SBA (e) 220,358 Traders' pricing Offered quotes $ 101.6 - $ 107.9 Commercial - fixed (f) 88,986 Discounted cash flow Discount rate 4.33 % - 7.13 % Commercial - floating (g) 871,202 Discounted cash flow Discount rate 4.51 % - 6.81 % Commercial loans held-for-sale 1,180,546 Investment in unconsolidated entity (h) 39,154 Discounted cash flow Discount rate 5.84 % Default rate 1.00 % Assets held-for-sale from discontinued operations (i) 140,657 Discounted cash flow Discount rate, 3.49 % - 7.58 % Credit analysis Subordinated debentures (j) 9,736 Discounted cash flow Discount rate 8.01 % The valuations for each of the instruments above, as of the balance sheet date, is subject to judgments, assumptions and uncertainties, changes in which could have a significant impact on such valuations. All weighted averages were calculated by using the discount rate for each individual security or loan weighted by its market value, except for SBA loans. For SBA loans, traders’ pricing indications for pools determined by date of loan origination were weighted. For commercial loans held-for-sale, investment in unconsolidated entity and assets held-for-sale from discontinued operations, changes in fair value are reflected in the income statement. Changes in fair value of securities which are unrelated to credit are recorded through equity. Changes in the fair value of loans not held-for- sale which are unrelated to credit are a disclosure item, without impact on the financial statements. The notes below refer to the June 30, 2020 table. a) Commercial mortgage backed investment securities, consisting of Bank issued CRE securities, are valued using discounted cash flow analyses. The discount rates applied are based upon market observations for comparable securities and implicitly assume market averages for prepayments, defaults, and loss severities. Each of the securities has some credit enhancement, or protection from other tranches in the issue, which limit their valuation exposure to credit losses. Nonetheless, increases in expected default rates or loss severities on the loans underlying the issue could reduce their value. In market environments in which investors demand greater yield compensation for credit risk, the discount rate applied would ordinarily be higher and the valuation lower. Changes in prepayments and loss experience could also change the interest earned on these holdings in future periods and impact fair values. b) Insurance liquidating trust preferred is a single debenture which is valued using discounted cash flow analysis. The discount rate used is based on the market rate on comparable relatively illiquid instruments and credit analysis. A change in the liquidating trust’s ability to repay the note, or an increase in interest rates, particularly for privately placed debentures, would affect the discount rate and thus the valuation. As a single security, the weighted average rate shown is the actual rate applied to the security. c) Corporate debt securities consist of three AAA rated privately placed debt structures backed by investment grade corporate debt each with over 50 % credit enhancement. Each of these securities has a coupon of 3 Month LIBOR + 3.00 %. Price indications are obtained from a broker/dealer with significant experience in trading and evaluating these securities. Changes in either investor yield requirements for relatively illiquid securities, or credit risk could affect the price indications. d) Loans, net of deferred fees and costs are valued using discounted cash flow analysis. Discount rates are based upon available information for estimated current origination rates for each loan type. Origination rates may fluctuate based upon changes in the risk free (Treasury) rate and credit experience for each loan type. At June 30, 2020, the balance included $ 207.9 million of Paycheck Protection Program loans, which bear interest at 1 % but also earn fees. e) Commercial-SBL (SBA Loans) are comprised of the government guaranteed portion of SBA insured loans. Their valuation is based upon dealer pricing indications. A limited number of broker/dealers originate the pooled securities for which the loans are purchased and as a result, prices can fluctuate based on such limited market demand, although the government guarantee has resulted in consistent historical demand. Valuations are also impacted by prepayment assumptions resulting from both voluntary payoffs and defaults. f) Commercial-fixed are fixed rate commercial mortgages originated for sale. Discount rates used in applying discounted cash flow analysis are determined by an independent valuation consultant based upon loan terms, the general level of interest rates and the quality of the credit. g) Commercial-floating are floating rate loans, the vast majority of which are secured by multi-family properties. These are bridge loans designed to provide owners time and funding for property improvements and are valued using discounted cash flow analysis. The discount rate for the vast majority of these loans, which are multi-family, was based upon current origination rates for similar loans and an updated expected loss rate of 1.2 %, representing a post-Coronavirus projection by a third-party analytics firm. Changes in loan performance which result in higher credit losses than this projection could result in changes in the discount rate and resulting valuation. h) Investment in unconsolidated entity is in non-accrual status, and changes in its value, determined by discounted cash flows, are recorded in the income statement under “C hange in value of investment in unconsolidated entity”. A constant default rate of 1 %, net of recoveries, on cash flowing loans was utilized. Changes in market interest rates, credit quality or payment experience could result in a change in the current valuation. i) Assets held-for-sale from discontinued operations are valued using discounted cash flow by an independent valuation consultant using loan performance, other credit characteristics and market interest rate comparisons. Changes in those factors could change the valuation. j) Subordinated debentures are comprised of two subordinated notes issued by the Company, maturing in 2038 with a floating rate of 3-month LIBOR plus 3.25 %. These notes are valued using discounted cash flow analysis. The discount rate is based on the market rate for comparable relatively illiquid instruments. Changes in those market rates, or the credit of the company could result in changes in the valuation. Assets measured at fair value on a nonrecurring basis, segregated by fair value hierarchy, during the periods shown are summarized below (in thousands): Fair Value Measurements at Reporting Date Using Quoted prices in active Significant other Significant markets for identical observable unobservable Fair value assets inputs inputs (1) Description June 30, 2020 (Level 1) (Level 2) (Level 3) Collateral dependent loans (1) $ 7,828 $ - $ - $ 7,828 Fair Value Measurements at Reporting Date Using Quoted prices in active Significant other Significant markets for identical observable unobservable Fair value assets inputs inputs (1) Description December 31, 2019 (Level 1) (Level 2) (Level 3) Collateral dependent loans (1) $ 3,651 $ - $ - $ 3,651 Intangible assets 2,315 - - 2,315 $ 5,966 $ - $ - $ 5,966 (1) The method of valuation approach for the collateral dependent loans was the market value approach based upon appraisals of the underlying collateral by external appraisers, reduced by 7 % to 10 % for estimated selling costs. Intangible assets are valued based upon internal analyses. At June 30, 2020, principal on collateral dependent loans and troubled debt restructurings, which is accounted for on the basis of the value of underlying collateral, is shown at estimated fair value of $ 7.8 million. To arrive at that fair value, related loan principal of $ 10.5 million was reduced by specific reserves of $ 2.7 million within the allowance for credit losses as of that date, representing the deficiency between principal and estimated collateral values, which were reduced by costs to sell. When the deficiency is deemed uncollectible, it is charged off by reducing the specific reserve and decreasing principal. Included in the collateral dependent loans at June 30, 2020 were 11 troubled debt restructured loans with a balance of $ 1.7 million which had specific reserves of $ 510,000 . Valuation techniques consistent with the market and/or cost approach were used to measure fair value and primarily included observable inputs for the individual collateral dependent loans being evaluated such as recent sales of similar assets or observable market data for operational or carrying costs. In cases where such inputs were unobservable, the loan balance is reflected within the Level 3 hierarchy. The fair value of other real estate owned is based on an appraisal of the property using the market approach for valuation. There was no other real estate owned at either date.

Derivatives

Derivatives	6 Months Ended
Derivatives	Jun. 30, 2020
Derivatives [Abstract]
Derivatives	Note 9. Derivatives The Company utilizes derivative instruments to assist in the management of interest rate sensitivity by modifying the repricing, maturity and option characteristics on commercial real estate loans held-for-sale. These instruments are not accounted for as effective hedges. As of June 30, 2020, the Company had entered into six interest rate swap agreements with an aggregate notional amount of $ 37.8 million. These swap agreements provide for the Company to receive an adjustable rate of interest based upon the three-month London Interbank Offering Rate (LIBOR). The Company recorded a loss of $ 2.4 million for the six months ended June 30, 2020 to recognize the fair value of the derivative instruments which is reported in net realized and unrealized gains (losses) on commercial loans originated for sale in the consolidated statements of operations. The amount payable by the Company under these swap agreements was $ 2.6 million at June 30, 2020, which is reported in other liabilities. The Company had minimum collateral posting thresholds with certain of its derivative counterparties and had posted cash collateral of $ 2.8 million as of June 30, 2020. The maturity dates, notional amounts, interest rates paid and received and fair value of the Company’s remaining interest rate swap agreements as of June 30, 2020 are summarized below (dollars in thousands): June 30, 2020 Maturity date Notional amount Interest rate paid Interest rate received Fair value August 4, 2021 10,300 1.12 % 0.56 % ( 94 ) December 23, 2025 6,800 2.16 % 0.31 % ( 667 ) December 24, 2025 8,200 2.17 % 0.30 % ( 813 ) January 28, 2026 3,000 1.87 % 0.89 % ( 250 ) July 20, 2026 6,300 1.44 % 1.14 % ( 392 ) December 12, 2026 3,200 2.26 % 0.32 % ( 377 ) Total $ 37,800 $ ( 2,593 )

Other Identifiable Intangible A

Other Identifiable Intangible Assets	6 Months Ended
Other Identifiable Intangible Assets	Jun. 30, 2020
Other Identifiable Intangible Assets [Abstract]
Other Identifiable Intangible Assets	Note 10. Other Identifiable Intangible Assets On November 29, 2012 , the Company acquired certain software rights for approximately $ 1.8 million for use in managing prepaid cards in connection with an acquisition. The software is being amortized over eight years , ending in October 2020. Amortization expense is $ 217,000 per year ($ 63,000 over the remainder of the amortization period). The gross carrying amount of the software is $ 1.8 million, and as of June 30, 2020 and December 31, 2019, respectively, the accumulated amortization was $ 1.7 million and $ 1.7 million. In May 2016, the Company purchased approximately $ 60.0 million of lease receivables which resulted in a customer list intangible of $ 3.4 million that is being amortized over a 10 year period. A mortization expense is $ 340,000 per year ($ 1.7 million over the next five years). The gross carrying amount of the customer list intangible is $ 3.4 million, and as of June 30, 2020 and December 31, 2019, respectively, the accumulated amortization was $ 1.4 million and $ 1.2 million. In January 2020, the Company purchased McMahon Leasing and subsidiaries for approximately $ 4.6 million. In the acquisition the Company acquired $ 9.9 million of leases, $ 958,000 in automobile inventory and other assets. The excess of the consideration issued over the book value of the assets acquired was $ 1.5 million which was allocated as follows. The fair value of the leases was $ 453,000 over their book value and is being amortized over the lives of the leases. A customer list intangible of $ 689,000 is being amortized over a 12 year period. Amortization expense is $ 57,000 per year ($ 285,000 over the next five years). The Company preliminarily allocated the $ 689,000 to the customer list and expects to complete its accounting for this business combination by the fourth quarter of 2020. Until completion, the above allocation of purchase price is considered preliminary. The gross carrying amount of the customer list intangible is $ 689,000 as of June 30, 2020 and the accumulated amortization was $ 29,000 . The remainder of the $ 1.5 million excess of consideration over book value was a trade name valuation of $ 135,000 , inventory valuation adjustment of $ 100,000 and $ 105,000 for goodwill. An outstanding loan by the Bank of approximately $ 4.0 million to the acquired entity, was eliminated as part of the transaction. Approximately $ 4.4 million of liabilities were assumed.

Recent Accounting Pronouncement

Recent Accounting Pronouncements	6 Months Ended
Recent Accounting Pronouncements	Jun. 30, 2020
Recent Accounting Pronouncements [Abstract]
Recent Accounting Pronouncements	Note 11. Recent Accounting Pronouncements In February 2016, the FASB issued ASU 2016-02, “Leases”. The FASB issued this ASU to increase transparency and comparability among organizations by recognizing lease assets and lease liabilities on the balance sheet by lessees for those leases classified as operating leases under current U.S. GAAP and disclosing key information about leasing arrangements. The amendments in this ASU are effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2018. The Company adopted this guidance on its effective date using a modified retrospective transition approach, applying the new standard to all leases existing at the date of initial application, January 1, 2019. Consequently, financial information will not be updated and the disclosures required under the new standard will not be provided for dates and periods before January 1, 2019. The new standard provides a number of optional practical expedients in transition. The Company has elected the practical expedients option which does not require reassessment of its prior conclusions about lease identification, lease classification and initial direct costs. The Company has not elected the use-of-hindsight or the practical expedient pertaining to land easements; the latter not being applicable to it. The effect of this adoption was the recognition at January 1, 2019 of a $ 16.4 million operating lease right-of-use (ROU) asset, which has been adjusted for previously recorded accrued rent of $ 1.7 million, and an $ 18.1 million operating lease obligation. No opening retained earnings adjustments are necessary under the modified retrospective transition approach. The adoption of this guidance did not have an impact on the consolidated results of operations of the Company. The ASU also includes disclosure requirements for lessors which encompass the Company’s direct financing leases. The first disclosure requirement is to discuss significant shifts, if any, in the balance of unguaranteed residual assets and deferred selling profit on direct financing leases. The Company’s direct financing lease portfolio consists primarily of vehicles which are sold at the end of lease terms. The Company does not hold title to the vehicles prior to inception of the lease and, thus, selling profit is not expected or deferred. However, sales of the vehicles may result in income when sales prices exceed residual values. This income is reported in the consolidated statements of operations under non-interest income. Since the majority of the portfolio is comprised of vehicle leases, sales prices may differ from residual values as a result of changes in the used vehicle market for both commercial vehicles such as trucks and passenger vehicles. Additionally, the Company is required to disclose the scheduled maturities of its direct financing leases reconciled to the total lease receivables in the consolidated balance sheet, which are as follows (in thousands): Remaining 2020 $ 69,120 2021 108,857 2022 75,490 2023 46,902 2024 21,846 2025 and thereafter 5,016 Total undiscounted cash flows 327,231 Residual value * 140,925 Difference between undiscounted cash flows and discounted cash flows ( 45,651 ) Present value of lease payments recorded as lease receivables $ 422,505 * Of the $ 140,925,000 , $ 30,337,000 is not guaranteed by the lessee. In June 2016, the FASB issued an update ASU 2016-13 – “Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments”. The Update changes the accounting for credit losses on loans and debt securities. For loans and held-to-maturity debt securities, the Update requires a current expected credit loss, or CECL, approach to determine the allowance for credit losses. CECL requires loss estimates for the remaining estimated life of the financial asset using historical experience, current conditions, and reasonable and supportable forecasts. Also, the Update eliminates the existing guidance for purchased credit deteriorated loans, but requires an allowance for purchased financial assets with more than insignificant deterioration since origination. In addition, the Update modifies the OTTI impairment model for available-for-sale debt securities to require an allowance for credit impairment instead of a direct write-down, which allows for reversal of credit impairments in future periods based on improvements in credit. The guidance was effective in the first quarter of 2020 with a cumulative-effect adjustment to retained earnings as of the beginning of the year of adoption. As a result of the Company’s adoption of the guidance in the first quarter of 2020, it recorded a $ 2.4 million charge to retained earnings and an $ 834,000 deferred tax asset, which were offset by $ 2.6 million in the allowance for credit losses and a $ 569,000 credit to other liabilities. The $ 569,000 reflected a reserve on unfunded commitments. In August 2018, the FASB issued ASU 2018-13, “Fair Value Measurement (Topic 820) Disclosure Framework—Changes to the Disclosure Requirements for Fair Value Measurement” which eliminates certain fair value disclosures, adds new disclosures and amends another disclosure applicable to the Company as follows. The amendment states that disclosure of measurement uncertainty of the fair values to changes in inputs will be required for the reporting date and not future dates. New fair value disclosures consist of disclosure of: a) total gains and losses in OCI from fair value changes in Level 3 assets and liabilities that are held on the balance sheet date; b) the range and weighted average of inputs and how the weighted average was calculated and c) if weighted average is not meaningful, other quantitative information that better reflects the distribution of inputs. ASU 2018-13 was implemented in first quarter 2020, and the disclosures discussed are included in the financial statements. There was no material impact on the financial statements. In March 2020, the FASB issued ASU 2020-04 which addressed optional expedients and exceptions for applying GAAP to contract modifications and hedging relationships, resulting from the phase-out of the LIBOR reference rate. The interest rates on certain of the Company’s securities, the majority of its commercial loan held-for-sale portfolio and its trust preferred securities outstanding (classified as subordinated debenture on the balance sheet), utilize LIBOR as a reference rate. To maximize management and accounting flexibility for holders of instruments using LIBOR as a benchmark, the guidance permitted a one-time transfer of such instruments from held-to-maturity to available-for-sale. The Company made such a transfer of four LIBOR-based securities, which comprised its held-to-maturity portfolio, in the first quarter of 2020. The Company is assessing the potential impact of the phase-out of LIBOR and related accounting guidance.

Regulatory Matters

Regulatory Matters	6 Months Ended
Regulatory Matters	Jun. 30, 2020
Regulatory Matters [Abstract]
Regulatory Matters	Note 12. Regulatory Matters It is the policy of the Federal Reserve that financial holding companies should pay cash dividends on common stock only out of income available over the past year and only if prospective earnings retention is consistent with the organization’s expected future needs and financial condition. The policy provides that a financial holding company should not maintain a level of cash dividends that undermines the financial holding company’s ability to serve as a source of strength to its banking subsidiaries . Various federal and state statutory provisions limit the amount of dividends that subsidiary banks can pay to their holding companies without regulatory approval. Under Delaware banking law, the Bank’s directors may declare dividends on common or preferred stock of so much of its net profits as they judge expedient, but the Bank must, before the declaration of a dividend on common stock from net profits, carry 50 % of its net profits from the preceding period for which the dividend is paid to its surplus fund until its surplus fund amounts to 50 % of its capital stock and thereafter must carry 25 % of its net profits for the preceding period for which the dividend is paid to its surplus fund until its surplus fund amounts to 100 % of its capital stock. In addition to these explicit limitations, federal and state regulatory agencies are authorized to prohibit a banking subsidiary or financial holding company from engaging in an unsafe or unsound practice. Depending upon the circumstances, the agencies could take the position that paying a dividend would constitute an unsafe or unsound banking practice. The Company and the Bank are subject to various regulatory capital requirements administered by the federal banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory and possible additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the Company’s consolidated financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Company and the Bank must meet specific capital guidelines that involve quantitative measures of their assets, liabilities and certain off-balance-sheet items as calculated under regulatory accounting practices. The capital amounts and classification of the Company and the Bank are also subject to qualitative judgments by the regulators about components, risk weightings and other factors. Moreover, capital requirements may be modified based upon regulatory rules or by regulatory discretion at any time reflecting a variety of factors including deterioration in asset quality.

Legal

Legal	6 Months Ended
Legal	Jun. 30, 2020
Legal [Abstract]
Legal	Note 13. Legal On June 12, 2019, the Bank was served with a qui tam lawsuit filed in the Superior Court of the State of Delaware, New Castle County. The Delaware Department of Justice intervened in the litigation. The case is titled The State of Delaware, Plaintiff, Ex rel. Russell S. Rogers, Plaintiff-Relator, v. The Bancorp Bank, Interactive Communications International, Inc., and InComm Financial Services, Inc., Defendants. The lawsuit alleges that the defendants violated the Delaware False Claims Act by not paying balances on certain open-loop “Vanilla” prepaid cards to the State of Delaware as unclaimed property. The complaint seeks actual and treble damages, statutory penalties, and attorneys’ fees. The Bank denies the allegations and is defending itself. The Bank and other defendants filed a motion to dismiss the action, but the motion was denied on February 7, 2020. The Bank has filed an answer and continues to vigorously defend the claims. At this time, the Company is unable to determine whether the ultimate resolution of the matter will have a material adverse effect on our financial condition or operations. The Company has received and is responding to two non-public fact-finding inquiries from the SEC, which in each case is seeking to determine if violations of the federal securities laws have occurred. We refer to these inquiries collectively as the SEC matters. On October 9, 2019, the Company received a subpoena seeking records related generally to The Bancorp Bank’s debit card issuance activity and gross dollar volume data, among other things. The Company responded to the subpoena and is in the process of responding to subsequent subpoenas issued to the Company. Unrelated to the first inquiry, on April 10, 2020, the Company received a subpoena in connection with The Bancorp Bank’s CMBS business seeking records related to various offerings as well as CMBS securities held by the Bank. Since inception of these SEC matters to the present, the Company has been cooperating fully with the SEC. The SEC has not made any findings, or alleged any wrongdoings, with respect to the SEC matters. The costs related to responding to and cooperating with the SEC staff may be material, and could continue to be material at least through the completion of the SEC matters. On June 2, 2020, the Bank was served with a complaint filed in the Supreme Court of the State of New York, titled Cascade Funding, LP – Series 6, Plaintiff v. The Bancorp Bank, Defendant. The lawsuit arises from a Purchase and Sale Agreement between Cascade Funding, LP – Series 6 (“Cascade”) and the Bank, pursuant to which Cascade was to purchase certain mortgage loan assets from the Bank for securitization. Cascade improperly attempted to invoke a market disruption clause in the agreement to avoid the purchase. Cascade’s failure to close the transaction constituted a breach of the agreement and, accordingly, the Bank terminated the agreement, effective April 29, 2020. Pursuant to the agreement, the Bank retained Cascade’s deposit of approximately $ 12.5 million. The lawsuit asserts three causes of action: (i) breach of contract; (ii) injunction and specific performance; and (iii) declaratory judgment. Cascade seeks the return of its deposit plus interest and attorneys’ fees and costs. The Bank is vigorously defending this matter. Given the early stages of this matter, we are not yet able to determine whether the ultimate resolution of this matter will have a material adverse effect on our financial conditions or operations. In addition, we are a party to various routine legal proceedings arising out of the ordinary course of our business. The Company believes that none of these actions, individually or in the aggregate, will have a material adverse effect on our financial condition or operations.

Segment Financials

Segment Financials	6 Months Ended
Segment Financials	Jun. 30, 2020
Segment Financials [Abstract]
Segment Financials	Note 14. Segment Financials The Company performed a strategic evaluation of its businesses in the third quarter of 2014. As a result of the evaluation, the Company decided to discontinue its commercial lending operations, as described in Note 15, Discontinued Operations. The shift from a traditional bank balance sheet led the Company to evaluate its continuing operations. Based on the continuing operations of the Company, it was determined that there would be four segments of the business: specialty finance, payments, corporate and discontinued operations. The chief decision maker for these segments is the Chief Executive Officer. Specialty finance includes commercial loan sales and securitization, SBA loans, direct lease financing and security-backed lines of credit, cash value insurance policy-backed lines of credit and deposits generated by those business lines. Payments include prepaid card accounts, card payments, ACH processing and deposits generated by those business lines. Corporate includes the Company’s investment portfolio, corporate overhead and non-allocated expenses. Investment income is reallocated to the payments segment. These operating segments reflect the way the Company views its current operations. The following tables provide segment information for the periods indicated: For the three months ended June 30, 2020 Specialty finance Payments Corporate Discontinued operations Total (in thousands) Interest income $ 41,552 $ - $ 10,347 $ - $ 51,899 Interest allocation - 10,347 ( 10,347 ) - - Interest expense 219 1,081 353 - 1,653 Net interest income (loss) 41,333 9,266 ( 353 ) - 50,246 Provision for credit losses 922 - - - 922 Non-interest income ( 178 ) 20,416 128 - 20,366 Non-interest expense 17,590 17,261 7,769 - 42,620 Income (loss) from continuing operations before taxes 22,643 12,421 ( 7,994 ) - 27,070 Income tax expense - - 6,787 - 6,787 Income (loss) from continuing operations 22,643 12,421 ( 14,781 ) - 20,283 Loss from discontinued operations - - - ( 215 ) ( 215 ) Net income (loss) $ 22,643 $ 12,421 $ ( 14,781 ) $ ( 215 ) $ 20,068 For the three months ended June 30, 2019 Specialty finance Payments Corporate Discontinued operations Total (in thousands) Interest income $ 29,890 $ - $ 14,190 $ - $ 44,080 Interest allocation - 14,190 ( 14,190 ) - - Interest expense 366 8,327 848 - 9,541 Net interest income (loss) 29,524 5,863 ( 848 ) - 34,539 Provision for credit losses 600 - - - 600 Non-interest income 1,297 18,418 34 - 19,749 Non-interest expense 16,047 17,463 6,009 - 39,519 Income (loss) from continuing operations before taxes 14,174 6,818 ( 6,823 ) - 14,169 Income tax expense - - 3,575 - 3,575 Income (loss) from continuing operations 14,174 6,818 ( 10,398 ) - 10,594 Income from discontinued operations - - - 756 756 Net income (loss) $ 14,174 $ 6,818 $ ( 10,398 ) $ 756 $ 11,350 For the six months ended June 30, 2020 Specialty finance Payments Corporate Discontinued operations Total (in thousands) Interest income $ 80,846 $ - $ 22,519 $ - $ 103,365 Interest allocation - 22,519 ( 22,519 ) - - Interest expense 559 6,147 3,502 - 10,208 Net interest income (loss) 80,287 16,372 ( 3,502 ) - 93,157 Provision for credit losses 4,501 - - - 4,501 Non-interest income ( 4,017 ) 40,837 145 - 36,965 Non-interest expense 34,506 34,406 12,126 - 81,038 Income (loss) from continuing operations before taxes 37,263 22,803 ( 15,483 ) - 44,583 Income tax expense - - 11,139 - 11,139 Income (loss) from continuing operations 37,263 22,803 ( 26,622 ) - 33,444 Loss from discontinued operations - - - ( 785 ) ( 785 ) Net income (loss) $ 37,263 $ 22,803 $ ( 26,622 ) $ ( 785 ) $ 32,659 For the six months ended June 30, 2019 Specialty finance Payments Corporate Discontinued operations Total (in thousands) Interest income $ 60,363 $ - $ 27,295 $ - $ 87,658 Interest allocation - 27,295 ( 27,295 ) - - Interest expense 734 16,711 1,664 - 19,109 Net interest income (loss) 59,629 10,584 ( 1,664 ) - 68,549 Provision for credit losses 2,300 - - - 2,300 Non-interest income 13,075 36,966 73 - 50,114 Non-interest expense 31,405 33,922 13,421 - 78,748 Income (loss) from continuing operations before taxes 38,999 13,628 ( 15,012 ) - 37,615 Income tax expense - - 9,610 - 9,610 Income (loss) from continuing operations 38,999 13,628 ( 24,622 ) - 28,005 Income from discontinued operations - - - 1,275 1,275 Net income (loss) $ 38,999 $ 13,628 $ ( 24,622 ) $ 1,275 $ 29,280 June 30, 2020 Specialty finance Payments Corporate Discontinued operations Total (in thousands) Total assets $ 4,174,108 $ 38,723 $ 1,872,743 $ 128,463 $ 6,214,037 Total liabilities $ 298,212 $ 4,919,940 $ 462,806 $ - $ 5,680,958 December 31, 2019 Specialty finance Payments Corporate Discontinued operations Total (in thousands) Total assets $ 3,008,304 $ 57,746 $ 2,450,256 $ 140,657 $ 5,656,963 Total liabilities $ 247,485 $ 4,030,921 $ 894,060 $ - $ 5,172,466

Discontinued Operations

Discontinued Operations	6 Months Ended
Discontinued Operations	Jun. 30, 2020
Discontinued Operations [Abstract]
Discontinued Operations	Note 15. Discontinued Operations The Company performed a strategic evaluation of its businesses in the third quarter of 2014 and decided to discontinue its Philadelphia commercial lending operations to focus on its specialty finance lending. The loans which constitute the commercial loan portfolio are in the process of disposition including transfers to other financial institutions. As such, financial results of the commercial lending operations are presented as separate from continuing operations on the consolidated statements of operations and assets of the commercial lending operations to be disposed are presented as assets held-for-sale on the consolidated balance sheets. The following table presents financial results of the commercial lending business included in net income (loss) from discontinued operations for the three and six months ended June 30, 2020 and 2019 (in thousands). For the three months ended June 30, For the six months ended June 30, 2020 2019 2020 2019 Interest income $ 1,094 $ 1,659 $ 2,368 $ 3,684 Interest expense - - - - Net interest income 1,094 1,659 2,368 3,684 Non-interest income 1 10 14 24 Non-interest expense 1,369 750 3,431 1,984 Income (loss) before taxes ( 274 ) 919 ( 1,049 ) 1,724 Income tax expense (benefit) ( 59 ) 163 ( 264 ) 449 Net income (loss) $ ( 215 ) $ 756 $ ( 785 ) $ 1,275 June 30, December 31, 2020 2019 Loans, net $ 101,762 $ 115,879 Other real estate owned 26,701 24,778 Total assets $ 128,463 $ 140,657 Non-interest expense included fair value losses of $ 819,000 for the three and six months ended June 30, 2020 and $ 0 for the three and six months ended June 30, 2019. Discontinued operations loans are recorded at the lower of their cost or fair value. Fair value is determined using a discontinued cash flow analysis where projections of cash flows are developed in consideration of internal loan review analysis and default/prepayment assumptions for smaller pools of loans. These credit and collateral related assumptions are subject to uncertainty. The results of discontinued operations do not include any future severance payments. Of the approximately $ 1.1 billion in book value of loans in that portfolio as of the September 30, 2014 date of discontinuance of operations, $ 128.5 million of loans and other real estate owned remain in assets held-for- sale on the June 30, 2020 consolidated balance sheet as a result of loan sales, principal paydowns and fair value charges as of June 30, 2020. The Company is attempting to dispose of those remaining loans and other real estate owned. Additionally, the consolidated balance sheet reflects $ 34.1 million in investment in unconsolidated entity, which is comprised of notes owned by the Company as a result of the sale of certain discontinued loans to Walnut Street, see Note 8, Fair Value Measurements. The investment in Walnut Street is classified as continuing operations in the accompanying consolidated financial statements.

Subsequent Events

Subsequent Events	6 Months Ended
Subsequent Events	Jun. 30, 2020
Subsequent Events [Abstract]
Subsequent Events	Note 16. Subsequent Events The Company evaluated its June 30, 2020 consolidated financial statements for subsequent events through the date the consolidated financial statements were issued. The Company is not aware of any subsequent events which would require recognition or disclosure in the financial statements, not otherwise disclosed herein.

Significant Accounting Polici_2

Significant Accounting Policies (Policies)	6 Months Ended
Significant Accounting Policies (Policies)	Jun. 30, 2020
Significant Accounting Policies [Abstract]
Basis Of Presentation	Basis of Presentation The financial statements of the Company, as of June 30, 2020 and for the three and six month periods ended June 30, 2020 and 2019, are unaudited. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America, or U.S. GAAP, have been condensed or omitted in this Form 10-Q pursuant to the rules and regulations of the Securities and Exchange Commission, or the SEC. However, in the opinion of management, these interim financial statements include all necessary adjustments to fairly present the results of the interim periods presented. The unaudited interim consolidated financial statements should be read in conjunction with the audited financial statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2019, or the 2019 Form 10-K Report. The results of operations for the six month period ended June 30, 2020 may not necessarily be indicative of the results of operations for the full year ending December 31, 2020.
Revenue Recognition	Revenue Recognition The Company recognizes revenue when the performance obligations related to the transfer of goods or services under the terms of a contract are satisfied. Some obligations are satisfied at a point in time while others are satisfied over a period of time. Revenue is recognized as the amount of consideration to which the Company expects to be entitled to in exchange for transferring goods or services to a customer. When consideration includes a variable component, the amount of consideration attributable to variability is included in the transaction price only to the extent it is probable that significant revenue recognized will not be reversed when uncertainty associated with the variable consideration is subsequently resolved. The Company’s contracts generally do not contain terms that require significant judgment to determine the variability impacting the transaction price. A performance obligation is deemed satisfied when the control over goods or services is transferred to the customer. Control is transferred to a customer either at a point in time or over time. To determine when control is transferred at a point in time, the Company considers indicators, including but not limited to the right to payment for the asset, transfer of significant risk and rewards of ownership of the asset and acceptance of the asset by the customer. When control is transferred over a period of time, for different performance obligations, either the input or output method is used to measure progress for the transfer. The measure of progress used to assess completion of the performance obligation varies between performance obligations and may be based on time throughout the period of service or on the value of goods and services transferred to the customer. As each distinct service or activity is performed, the Company transfers control to the customer based on the services performed as the customer simultaneously receives the benefits of those services. This timing of revenue recognition aligns with the resolution of any uncertainty related to variable consideration. Costs incurred to obtain a revenue producing contract generally are expensed when incurred as a practical expedient as the contractual period for the majority of contracts is one year or less. The Company’s revenue streams that are in the scope of Accounting Standards Codification (ASC) 606 include prepaid and debit card, card payment, ACH and deposit processing and other fees. The fees on those revenue streams are generally assessed and collected as the transaction occurs, or on a monthly or quarterly basis. The Company has completed its review of the contracts and other agreements that are within the scope of revenue guidance and did not identify any material changes to the timing or amount of revenue recognition. The Company’s accounting policies did not change materially since the principles of revenue recognition in American Standards Update ( ASU) 2014-09, “Revenue from Contracts with Customers” are largely consistent with previous practices already implemented and applied by the Company. The vast majority of the Company’s services related to its revenues are performed, earned and recognized monthly. Prepaid and debit card fees primarily include fees for services related to reconciliation, fraud detection, regulatory compliance and other services which are performed and earned daily or monthly and are also billed and collected on a monthly basis. Accordingly, there is no significant component of the services the Company performs or related revenues which are deferred. The Company earns transactional and/or interchange fees on prepaid card accounts when transactions occur and revenue is billed and collected monthly or quarterly. Certain volume or transaction based interchange expenses paid to payment networks such as Visa, reduce revenue which is presented net on the income statement. Card payment and ACH processing fees include transaction fees earned for processing merchant transactions. Revenue is recognized when a cardholder’s transaction is approved and settled, or monthly. ACH processing fees are earned on a per item basis as the transactions are processed for third-party clients and are also billed and collected monthly. Service charges on deposit accounts include fees and other charges the Company receives to provide various services, including, but not limited to, account maintenance, check writing, wire transfer and other services normally associated with deposit accounts. Revenue for these services is recognized monthly as the services are performed. The Company’s customer contracts do not typically have performance obligations and fees are collected and earned when the transaction occurs. The Company may, from time to time, waive certain fees for customers but generally does not reduce the transaction price to reflect variability for future reversals due to the insignificance of the amounts. Waiver of fees reduces the revenue in the period the waiver is granted to the customer.
Leases	Leases The Company determines if an arrangement is a lease at inception. Operating lease right-of-use (ROU) assets and operating lease liabilities are included in our consolidated financial statements. ROU assets represent our right-of-use of an underlying asset for the lease term and lease liabilities represent our obligation to make lease payments pursuant to our leases. The ROU assets and liabilities are recognized at commencement of the lease based on the present value of lease payments over the lease term. To determine the present value of lease payments, the Company uses its incremental borrowing rate. The lease term may include options to extend or terminate the lease when it is reasonably certain that we will exercise that option. Lease expense is recognized on a straight-line basis over the lease term.
Current Expected Credit Losses	Current Expected Credit Losses For loans and held-to-maturity debt securities, the Company, in 2020, began to utilize a current expected credit loss, or CECL, approach to determine the allowance for credit losses. CECL requires loss estimates for the remaining estimated life of the financial asset using historical experience, current conditions, and reasonable and supportable forecasts.
Risks And Uncertainties	Risks and Uncertainties ASC 275 addresses disclosures when it is reasonably possible that estimates in the financial statements may change in future periods. The ultimate severity of the economic impact of Coronavirus is not known, but its negative impact may exceed the effect of current or future government mitigation efforts, which could impact loan performance. Additionally, under regulatory guidance loans may be granted six month payment deferrals without classification as non-accrual, delinquency or troubled debt restructuring, barring other information which would require such classification. We have followed the guidance of regulators and are granting such deferrals, but the duration of the crisis is uncertain and government actions after that period are unknown. Accordingly, our future estimates for the provision for credit losses could increase while the estimated values of loans accounted for on the basis of fair value could decrease, either of which would reduce our income.

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	6 Months Ended
Stock-Based Compensation (Tables)	Jun. 30, 2020
Stock-Based Compensation [Abstract]
Summary Of Status Of Company's Equity Compensations Plans	Weighted average remaining Weighted average contractual Aggregate Shares exercise price term (years) intrinsic value Outstanding at January 1, 2020 1,311,604 $ 8.24 3.11 $ 6,203,523 Granted 300,000 6.87 3.88 879,000 Exercised ( 74,000 ) 8.38 - 310,280 Expired ( 147,000 ) 7.81 - - Forfeited ( 8,000 ) 9.39 - - Outstanding at June 30, 2020 1,382,604 $ 7.97 4.57 $ 2,600,118 Exercisable at June 30, 2020 1,033,776 $ 8.27 2.83 $ 1,661,059
Summary Of Restricted Stock Units	Weighted average Average remaining grant date contractual Shares fair value term (years) Outstanding at January 1, 2020 1,253,927 $ 8.87 1.64 Granted 1,531,702 6.87 2.70 Vested ( 540,790 ) 8.70 - Forfeited ( 12,971 ) 9.10 - Outstanding at June 30, 2020 2,231,868 $ 7.54 2.27
Fair Value Of Grant On Date Of Grant Using The Black-Scholes Options Pricing Model	June 30, 2020 2019 Risk-free interest rate 0.68 % 2.63 % Expected dividend yield - - Expected volatility 45.20 % 41.83 % Expected lives (years) 1.0 - 6.3 1.0 - 6.3

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
Earnings Per Share (Tables)	Jun. 30, 2020
Earnings Per Share [Abstract]
Earnings Per Share	For the three months ended June 30, 2020 Income Shares Per share (numerator) (denominator) amount (dollars in thousands except share and per share data) Basic earnings per share from continuing operations Net earnings available to common shareholders $ 20,283 57,489,719 $ 0.35 Effect of dilutive securities Common stock options and restricted stock units - 310,396 - Diluted earnings per share Net earnings available to common shareholders $ 20,283 57,800,115 $ 0.35 For the three months ended June 30, 2020 Income Shares Per share (numerator) (denominator) amount (dollars in thousands except share and per share data) Basic loss per share from discontinued operations Net loss available to common shareholders $ ( 215 ) 57,489,719 $ - Effect of dilutive securities Common stock options and restricted stock units - 310,396 - Diluted loss per share Net loss available to common shareholders $ ( 215 ) 57,800,115 $ - For the three months ended June 30, 2020 Income Shares Per share (numerator) (denominator) amount (dollars in thousands except share and per share data) Basic earnings per share Net earnings available to common shareholders $ 20,068 57,489,719 $ 0.35 Effect of dilutive securities Common stock options and restricted stock units - 310,396 - Diluted earnings per share Net earnings available to common shareholders $ 20,068 57,800,115 $ 0.35 Stock options for 488,500 shares, exercisable at prices between $ 6.75 and $ 7.36 per share, were outstanding at June 30, 2020, and included in the dilutive earnings per share computation. Stock options for 894,104 were anti-dilutive and not included in the earnings per share calculation. For the six months ended June 30, 2020 Income Shares Per share (numerator) (denominator) amount (dollars in thousands except share and per share data) Basic earnings per share from continuing operations Net earnings available to common shareholders $ 33,444 57,355,282 $ 0.58 Effect of dilutive securities Common stock options and restricted stock units - 501,509 - Diluted earnings per share Net earnings available to common shareholders $ 33,444 57,856,791 $ 0.58 For the six months ended June 30, 2020 Income Shares Per share (numerator) (denominator) amount (dollars in thousands except share and per share data) Basic loss per share from discontinued operations Net loss available to common shareholders $ ( 785 ) 57,355,282 $ ( 0.01 ) Effect of dilutive securities Common stock options and restricted stock units - 501,509 - Diluted loss per share Net loss available to common shareholders $ ( 785 ) 57,856,791 $ ( 0.01 ) For the six months ended June 30, 2020 Income Shares Per share (numerator) (denominator) amount (dollars in thousands except share and per share data) Basic earnings per share Net earnings available to common shareholders $ 32,659 57,355,282 $ 0.57 Effect of dilutive securities Common stock options and restricted stock units - 501,509 - Diluted earnings per share Net earnings available to common shareholders $ 32,659 57,856,791 $ 0.57 Stock options for 691,500 shares, exercisable at prices between $ 6.75 and $ 8.50 per share, were outstanding at June 30, 2020, and included in the dilutive earnings per share computation. Stock options for 691,104 were anti-dilutive and not included in the earnings per share calculation. For the three months ended June 30, 2019 Income Shares Per share (numerator) (denominator) amount (dollars in thousands except share and per share data) Basic earnings per share from continuing operations Net earnings available to common shareholders $ 10,594 56,702,182 $ 0.19 Effect of dilutive securities Common stock options and restricted stock units - 495,251 - Diluted earnings per share Net earnings available to common shareholders $ 10,594 57,197,433 $ 0.19 For the three months ended June 30, 2019 Income Shares Per share (numerator) (denominator) amount (dollars in thousands except share and per share data) Basic earnings per share from discontinued operations Net earnings available to common shareholders $ 756 56,702,182 $ 0.01 Effect of dilutive securities Common stock options and restricted stock units - 495,251 - Diluted earnings per share Net earnings available to common shareholders $ 756 57,197,433 $ 0.01 For the three months ended June 30, 2019 Income Shares Per share (numerator) (denominator) amount (dollars in thousands except share and per share data) Basic earnings per share Net earnings available to common shareholders $ 11,350 56,702,182 $ 0.20 Effect of dilutive securities Common stock options and restricted stock units - 495,251 - Diluted earnings per share Net earnings available to common shareholders $ 11,350 57,197,433 $ 0.20 Stock options for 984,104 shares, exercisable at prices between $ 6.75 and $ 8.57 per share, were outstanding at June 30, 2019, and included in the dilutive earnings per shares computation shares because the exercise price per share was less than the average market price. Stock options for 357,500 were anti-dilutive and not included in the earnings per share calculation. For the six months ended June 30, 2019 Income Shares Per share (numerator) (denominator) amount (dollars in thousands except share and per share data) Basic earnings per share from continuing operations Net earnings available to common shareholders $ 28,005 56,612,596 $ 0.50 Effect of dilutive securities Common stock options and restricted stock units - 418,610 ( 0.01 ) Diluted earnings per share Net earnings available to common shareholders $ 28,005 57,031,206 $ 0.49 For the six months ended June 30, 2019 Income Shares Per share (numerator) (denominator) amount (dollars in thousands except share and per share data) Basic earnings per share from discontinued operations Net earnings available to common shareholders $ 1,275 56,612,596 $ 0.02 Effect of dilutive securities Common stock options and restricted stock units - 418,610 - Diluted earnings per share Net earnings available to common shareholders $ 1,275 57,031,206 $ 0.02 For the six months ended June 30, 2019 Income Shares Per share (numerator) (denominator) amount (dollars in thousands except share and per share data) Basic earnings per share Net earnings available to common shareholders $ 29,280 56,612,596 $ 0.52 Effect of dilutive securities Common stock options and restricted stock units - 418,610 ( 0.01 ) Diluted earnings per share Net earnings available to common shareholders $ 29,280 57,031,206 $ 0.51

Investment Securities (Tables)

Investment Securities (Tables)	6 Months Ended
Investment Securities (Tables)	Jun. 30, 2020
Investment Securities [Abstract]
Schedule Of Investment Securities Classified As Available-for-sale And Held-to-maturity	Available-for-sale June 30, 2020 Gross Gross Amortized unrealized unrealized Fair cost gains losses value U.S. Government agency securities $ 48,197 $ 2,348 $ ( 145 ) $ 50,400 Asset-backed securities * 241,276 - ( 6,079 ) 235,197 Tax-exempt obligations of states and political subdivisions 4,041 259 - 4,300 Taxable obligations of states and political subdivisions 53,599 3,451 - 57,050 Residential mortgage-backed securities 301,498 10,774 ( 123 ) 312,149 Collateralized mortgage obligation securities 185,834 4,667 ( 90 ) 190,411 Commercial mortgage-backed securities 376,424 19,345 ( 2,662 ) 393,107 Corporate debt securities 85,108 561 ( 3,836 ) 81,833 $ 1,295,977 $ 41,405 $ ( 12,935 ) $ 1,324,447 June 30, 2020 Gross Gross Amortized unrealized unrealized Fair * Asset-backed securities as shown above cost gains losses value Federally insured student loan securities $ 30,439 $ - $ ( 879 ) $ 29,560 Collateralized loan obligation securities 210,837 - ( 5,200 ) 205,637 $ 241,276 $ - $ ( 6,079 ) $ 235,197 Available-for-sale December 31, 2019 Gross Gross Amortized unrealized unrealized Fair cost gains losses value U.S. Government agency securities $ 52,415 $ 672 $ ( 177 ) $ 52,910 Asset-backed securities * 244,751 132 ( 534 ) 244,349 Tax-exempt obligations of states and political subdivisions 5,174 144 - 5,318 Taxable obligations of states and political subdivisions 58,258 1,992 - 60,250 Residential mortgage-backed securities 335,068 2,629 ( 1,101 ) 336,596 Collateralized mortgage obligation securities 221,109 1,826 ( 208 ) 222,727 Commercial mortgage-backed securities 394,852 3,836 ( 146 ) 398,542 $ 1,311,627 $ 11,231 $ ( 2,166 ) $ 1,320,692 December 31, 2019 Gross Gross Amortized unrealized unrealized Fair * Asset-backed securities as shown above cost gains losses value Federally insured student loan securities $ 33,852 $ 10 $ ( 323 ) $ 33,539 Collateralized loan obligation securities 210,899 122 ( 211 ) 210,810 $ 244,751 $ 132 $ ( 534 ) $ 244,349 Held-to-maturity December 31, 2019 Gross Gross Amortized unrealized unrealized Fair cost gains losses value Other debt securities - single issuers $ 9,219 $ - $ ( 2,067 ) $ 7,152 Other debt securities - pooled 75,168 682 - 75,850 $ 84,387 $ 682 $ ( 2,067 ) $ 83,002
Amortized Cost And Fair Value Of Investment Securities By Contractual Maturity	Available-for-sale Held-to-maturity Amortized Fair Amortized Fair cost value cost value Due before one year $ 4,583 $ 4,608 $ - $ - Due after one year through five years 114,902 121,416 - - Due after five years through ten years 222,239 231,130 - - Due after ten years 954,253 967,293 - - $ 1,295,977 $ 1,324,447 $ - $ -
Available-for-sale And Held-to-maturity Securities, Continuous Unrealized Loss Position	Available-for-sale Less than 12 months 12 months or longer Total Number of securities Fair Value Unrealized losses Fair Value Unrealized losses Fair Value Unrealized losses Description of Securities U.S. Government agency securities 4 $ 3,025 $ ( 18 ) $ 3,732 $ ( 127 ) $ 6,757 $ ( 145 ) Asset-backed securities 40 197,851 ( 4,971 ) 37,346 ( 1,108 ) 235,197 ( 6,079 ) Residential mortgage-backed securities 10 3,856 ( 45 ) 8,833 ( 78 ) 12,689 ( 123 ) Collateralized mortgage obligation securities 10 23,192 ( 73 ) 3,779 ( 17 ) 26,971 ( 90 ) Commercial mortgage-backed securities 3 61,523 ( 2,602 ) 10,062 ( 60 ) 71,585 ( 2,662 ) Corporate debt securities 1 - - 6,164 ( 3,836 ) 6,164 ( 3,836 ) Total temporarily impaired investment securities 68 $ 289,447 $ ( 7,709 ) $ 69,916 $ ( 5,226 ) $ 359,363 $ ( 12,935 ) The table below indicates the length of time individual securities had been in a continuous unrealized loss position at December 31, 2019 (dollars in thousands): Available-for-sale Less than 12 months 12 months or longer Total Number of securities Fair Value Unrealized losses Fair Value Unrealized losses Fair Value Unrealized losses Description of Securities U.S. Government agency securities 5 $ 12,214 $ ( 44 ) $ 3,986 $ ( 133 ) $ 16,200 $ ( 177 ) Asset-backed securities 28 115,909 ( 275 ) 56,427 ( 260 ) 172,336 ( 535 ) Residential mortgage-backed securities 64 58,682 ( 114 ) 73,311 ( 987 ) 131,993 ( 1,101 ) Collateralized mortgage obligation securities 22 37,387 ( 85 ) 18,136 ( 123 ) 55,523 ( 208 ) Commercial mortgage-backed securities 4 35,095 ( 129 ) 3,162 ( 16 ) 38,257 ( 145 ) Total temporarily impaired investment securities 123 $ 259,287 $ ( 647 ) $ 155,022 $ ( 1,519 ) $ 414,309 $ ( 2,166 ) Held-to-maturity Less than 12 months 12 months or longer Total Number of securities Fair Value Unrealized losses Fair Value Unrealized losses Fair Value Unrealized losses Description of Securities Corporate and other debt securities: Single issuers 1 $ - $ - $ 7,152 $ ( 2,067 ) $ 7,152 $ ( 2,067 ) Total temporarily impaired investment securities 1 $ - $ - $ 7,152 $ ( 2,067 ) $ 7,152 $ ( 2,067 )

Loans (Tables)

Loans (Tables)	6 Months Ended
Loans (Tables)	Jun. 30, 2020
Loans [Abstract]
Major Classifications Of Loans	June 30, December 31, 2020 2019 SBL non-real estate $ 293,692 $ 84,579 SBL commercial mortgage 259,020 218,110 SBL construction 33,193 45,310 Small business loans * 585,905 347,999 Direct lease financing 422,505 434,460 SBLOC / IBLOC 1,287,350 1,024,420 Advisor financing * 15,529 - Other specialty lending 2,706 3,055 Other consumer loans **** 4,003 4,554 2,317,998 1,814,488 Unamortized loan fees and costs 4,739 9,757 Total loans, net of unamortized loan fees and costs $ 2,322,737 $ 1,824,245 June 30, December 31, 2020 2019 SBL loans, including deferred fees and costs of ($ 1,970 ) and $ 4,215 for June 30, 2020 and December 31, 2019, respectively $ 583,935 $ 352,214 SBL loans included in held-for-sale 225,401 220,358 Total small business loans $ 809,336 $ 572,572 * The preceding table shows small business loans, or SBL and SBL held-for-sale at the dates indicated (in thousands). Included in SBL non-real estate loans are $ 207.9 million of Paycheck Protection Program loans with estimated lives of less than one year. While the majority of SBL are comprised of SBA loans, SBL also includes $ 22.4 million of non-SBA loans as of June 30, 2020 and $ 17.0 million at December 31, 2019. Securities Backed Lines of Credit, or SBLOC, are collateralized by marketable securities, while Insurance Backed Lines of Credit, or IBLOC, are collateralized by the cash surrender value of insurance policies. At June 30, 2020 and December 31, 2019, respectively, IBLOC loans amounted to $ 284.3 million and $ 144.6 million. * In 2020, the Company began originating loans to investment advisors for purposes of debt refinance, acquisition of another firm or internal succession. Maximum loan amounts are subject to loan-to-value ratios of 70 %, based on third party business appraisals, but may be increased depending upon the debt service coverage ratio. Personal guarantees and blanket business liens are obtained as appropriate. **** Included in the table above under other consumer loans are demand deposit overdrafts reclassified as loan balances totaling $ 361,000 and $ 882,000 at June 30, 2020 and December 31, 2019, respectively. Estimated overdraft charge-offs and recoveries are reflected in the allowance for credit losses.
Impaired Loans	June 30, 2020 Recorded investment Unpaid principal balance Related allowance Average recorded investment Interest income recognized Without an allowance recorded SBL non-real estate $ 415 $ 3,567 $ - $ 339 $ 5 SBL commercial mortgage 2,036 2,036 - 730 - SBL construction - - - - - Direct lease financing 296 296 - 5,401 - Consumer - home equity 574 574 - 549 5 With an allowance recorded SBL non-real estate 2,930 2,930 ( 1,991 ) 3,488 22 SBL commercial mortgage 971 971 ( 136 ) 971 - SBL construction 711 711 ( 25 ) 711 - Direct lease financing 2,583 2,583 ( 536 ) 831 - Consumer - home equity - - - 40 - Total SBL non-real estate 3,345 6,497 ( 1,991 ) 3,827 27 SBL commercial mortgage 3,007 3,007 ( 136 ) 1,701 - SBL construction 711 711 ( 25 ) 711 - Direct lease financing 2,879 2,879 ( 536 ) 6,232 - Consumer - home equity 574 574 - 589 5 $ 10,516 $ 13,668 $ ( 2,688 ) $ 13,060 $ 32 December 31, 2019 Recorded investment Unpaid principal balance Related allowance Average recorded investment Interest income recognized Without an allowance recorded SBL non-real estate $ 335 $ 2,717 $ - $ 277 $ 5 SBL commercial mortgage 76 76 - 15 - SBL construction - - - 284 - Direct lease financing 286 286 - 362 11 Consumer - home equity 489 489 - 1,161 9 With an allowance recorded SBL non-real estate 3,804 4,371 ( 2,961 ) 3,925 30 SBL commercial mortgage 971 971 ( 136 ) 561 - SBL construction 711 711 ( 36 ) 284 - Direct lease financing - - - 244 - Consumer - home equity 121 121 ( 9 ) 344 - Total SBL non-real estate 4,139 7,088 ( 2,961 ) 4,202 35 SBL commercial mortgage 1,047 1,047 ( 136 ) 576 - SBL construction 711 711 ( 36 ) 568 - Direct lease financing 286 286 - 606 11 Consumer - home equity 610 610 ( 9 ) 1,505 9 $ 6,793 $ 9,742 $ ( 3,142 ) $ 7,457 $ 55
Summary Of Non-Accrual Loans With And Without Allowance For Credit Losses	June 30, 2020 December 31, 2019 Non-accrual loans with a related ACL * Non-accrual loans without a related ACL * Total non-accrual loans Total non-accrual loans SBL non-real estate $ 2,684 $ 363 $ 3,047 $ 3,693 SBL commercial mortgage 971 2,036 3,007 1,047 SBL construction 711 - 711 711 Direct leasing 2,583 296 2,879 - Consumer - 313 313 345 $ 6,949 $ 3,008 $ 9,957 $ 5,796 * Allowance for credit losses
Non-accrual Loans, Loans Past Due 90 Days And Other Real Estate Owned And Delinquent Loans By Loan Category	June 30, December 31, 2020 2019 Non-accrual loans SBL non-real estate $ 3,047 $ 3,693 SBL commercial mortgage 3,007 1,047 SBL construction 711 711 Direct leasing 2,879 - Consumer 313 345 Total non-accrual loans 9,957 5,796 Loans past due 90 days or more and still accruing 352 3,264 Total non-performing loans 10,309 9,060 Other real estate owned - - Total non-performing assets $ 10,309 $ 9,060
Loans Modified And Considered Troubled Debt Restructurings	June 30, 2020 December 31, 2019 Number Pre-modification recorded investment Post-modification recorded investment Number Pre-modification recorded investment Post-modification recorded investment SBL non-real estate 8 $ 944 $ 944 8 $ 1,309 $ 1,309 Direct lease financing 1 273 273 1 286 286 Consumer 2 479 479 2 489 489 Total 11 $ 1,696 $ 1,696 11 $ 2,084 $ 2,084
Loans Modified As Troubled Debt Restructurings	June 30, 2020 December 31, 2019 Adjusted interest rate Extended maturity Combined rate and maturity Adjusted interest rate Extended maturity Combined rate and maturity SBL non-real estate $ - $ 32 $ 912 $ - $ 51 $ 1,258 Direct lease financing - 273 - - 286 - Consumer - - 479 - - 489 Total $ - $ 305 $ 1,391 $ - $ 337 $ 1,747
Effect Of The Adoption Of CECL	December 31, 2019 January 1, 2020 June 30, 2020 Incurred loss method CECL (day 1 adoption) CECL Amount % of Segment Amount % of Segment Amount % of Segment Allowance for credit losses on loans and leases SBL non real estate $ 4,914 8.33 % $ 4,766 8.08 % $ 4,726 1.61 % SBL commercial mortgage 1,458 0.71 % 2,009 0.98 % 2,614 1.01 % SBL construction 432 0.95 % 571 1.26 % 513 1.55 % Direct lease financing 2,426 0.56 % 4,788 1.10 % 5,808 1.34 % SBLOC 440 0.05 % 440 0.05 % 501 0.05 % IBLOC 113 0.08 % 72 0.05 % 142 0.05 % Advisor financing - 0.00 % - 0.00 % 116 0.75 % Other specialty lending (1) 97 0.39 % 170 0.40 % 153 5.65 % Consumer - other 40 0.88 % 58 1.27 % 52 1.30 % Unallocated 318 - - 0.00 % $ 10,238 0.56 % $ 12,874 0.71 % $ 14,625 0.63 % Liabilities: Allowance for credit losses on off-balance sheet credit exposures - 569 864 Total allowance for credit losses $ 10,238 $ 13,443 $ 15,489 (1) Included in other specialty lending are $ 36.6 million of SBA loans purchased for Community Reinvestment Act purposes. These loans are classified as SBL loans in our loan tables.
Summary Of Gross Loans Held For Investment By Year Of Origination And Internally Assigned Credit Grade	As of June 30, 2020 2020 2019 2018 2017 2016 Prior Revolving loans at amortized cost Total SBL non real estate Non-rated $ 205,247 $ - $ - $ 205,247 Pass (I-IV) 5,484 9,701 12,809 7,124 7,887 11,923 - 54,928 Special mention - - 1,164 43 534 750 - 2,491 Substandard - 43 - 635 1,386 1,929 - 3,993 Total SBL non-real estate 210,731 9,744 13,973 7,802 9,807 14,602 - 266,659 SBL commercial mortgage Non-rated 7,037 8,795 - - - - - 15,832 Pass (I-IV) 11,840 53,823 44,165 43,370 32,767 37,966 - 223,931 Special mention - - - - - 261 - 261 Substandard - - - - 76 8,098 - 8,174 Total SBL commercial mortgage 18,877 62,618 44,165 43,370 32,843 46,325 - 248,198 SBL construction Non-rated 382 - - - - - - 382 Pass (I-IV) 698 16,907 14,878 - - - - 32,483 Special mention - - - - - - - - Substandard - - - - 711 - - 711 Total SBL construction 1,080 16,907 14,878 - 711 - - 33,576 Direct lease financing Non-rated 5,235 3,839 2,837 1,421 763 62 - 14,157 Pass (I-IV) 157,214 114,013 69,443 38,538 16,872 4,755 - 400,835 Special mention - - - - 8 - - 8 Substandard 5,703 315 529 224 674 61 - 7,506 Total direct lease financing 168,152 118,167 72,809 40,183 18,317 4,878 - 422,506 SBLOC Non-rated - - - - - - 19,126 19,126 Pass (I-IV) - - - - - - 987,668 987,668 Special mention - - - - - - - - Substandard - - - - - - - - Total SBLOC - - - - - - 1,006,794 1,006,794 IBLOC Non-rated - - - - - - 75,814 75,814 Pass (I-IV) - - - - - - 208,486 208,486 Special mention - - - - - - - - Substandard - - - - - - - - Total IBLOC - - - - - - 284,300 284,300 Other specialty Non-rated 2,696 - - - - - - 2,696 Pass (I-IV) 117 3,688 7,001 7,202 7,221 13,108 - 38,337 Special mention - - - - - - - - Substandard - - - - - - - - Total other specialty 2,813 3,688 7,001 7,202 7,221 13,108 - 41,033 Advisor financing Non-rated 140 - - - - - - 140 Pass (I-IV) 15,529 - - - - - - 15,529 Special mention - - - - - - - - Substandard - - - - - - - - Total advisor financing 15,669 - - - - - - 15,669 Consumer Non-rated 521 - - 16 - 1,682 - 2,219 Pass (I-IV) - - - - - 1,471 - 1,471 Special mention - - - - - - - - Substandard - - - - - 312 - 312 Total consumer 521 - - 16 - 3,465 - 4,002 Total $ 417,843 $ 211,124 $ 152,826 $ 98,573 $ 68,899 $ 82,378 $ 1,291,094 $ 2,322,737
Changes In Allowance For Loan And Lease Losses By Loan Category	June 30, 2020 SBL non-real estate SBL commercial mortgage SBL construction Direct lease financing SBLOC / IBLOC Advisor financing Other specialty lending Other consumer loans Unallocated Total Beginning 12/31/2019 $ 4,985 $ 1,472 $ 432 $ 2,426 $ 553 $ - $ 12 $ 40 $ 318 $ 10,238 1/1 CECL adjustment ( 220 ) 537 139 2,362 ( 41 ) - 158 20 ( 318 ) 2,637 Charge-offs ( 1,048 ) - - ( 1,552 ) - - - - - ( 2,600 ) Recoveries 60 - - 84 - - - - - 144 Provision (credit) 949 605 ( 58 ) 2,488 131 116 ( 17 ) ( 8 ) - 4,206 Ending balance $ 4,726 $ 2,614 $ 513 $ 5,808 $ 643 $ 116 $ 153 $ 52 $ - $ 14,625 Ending balance: Individually evaluated for expected credit loss $ 1,991 $ 136 $ 26 $ 536 $ - $ - $ - $ - $ - $ 2,689 Ending balance: Collectively evaluated for expected credit loss $ 2,735 $ 2,478 $ 487 $ 5,272 $ 643 $ 116 $ 153 $ 52 $ - $ 11,936 Loans: Ending balance $ 293,692 $ 259,020 $ 33,193 $ 422,505 $ 1,287,350 $ 15,529 $ 2,706 $ 4,003 $ 4,739 $ 2,322,737 Ending balance: Individually evaluated for expected credit loss $ 3,345 $ 3,007 $ 711 $ 2,879 $ - $ - $ - $ 574 $ - $ 10,516 Ending balance: Collectively evaluated for expected credit loss $ 290,347 $ 256,013 $ 32,482 $ 419,626 $ 1,287,350 $ 15,529 $ 2,706 $ 3,429 $ 4,739 $ 2,312,221 December 31, 2019 SBL non-real estate SBL commercial mortgage SBL construction Direct lease financing SBLOC / IBLOC Other specialty lending Other consumer loans Unallocated Total Beginning 1/1/2019 $ 4,636 $ 941 $ 250 $ 2,025 $ 393 $ 60 $ 108 $ 240 $ 8,653 Charge-offs ( 1,362 ) - - ( 528 ) - - ( 1,103 ) - ( 2,993 ) Recoveries 125 - - 51 - - 2 - 178 Provision (credit) 1,586 531 182 878 160 ( 48 ) 1,033 78 4,400 Ending balance $ 4,985 $ 1,472 $ 432 $ 2,426 $ 553 $ 12 $ 40 $ 318 $ 10,238 Ending balance: Individually evaluated for impairment $ 2,961 $ 136 $ 36 $ - $ - $ - $ 9 $ - $ 3,142 Ending balance: Collectively evaluated for impairment $ 2,024 $ 1,336 $ 396 $ 2,426 $ 553 $ 12 $ 31 $ 318 $ 7,096 - - Loans: Ending balance $ 84,579 $ 218,110 $ 45,310 $ 434,460 $ 1,024,420 $ 3,055 $ 4,554 $ 9,757 $ 1,824,245 - Ending balance: Individually evaluated for impairment $ 4,139 $ 1,047 $ 711 $ 286 $ - $ - $ 610 $ - $ 6,793 Ending balance: Collectively evaluated for impairment $ 80,440 $ 217,063 $ 44,599 $ 434,174 $ 1,024,420 $ 3,055 $ 3,944 $ 9,757 $ 1,817,452 - June 30, 2019 SBL non-real estate SBL commercial mortgage SBL construction Direct lease financing SBLOC Other specialty lending Other consumer loans Unallocated Total Beginning 1/1/2019 $ 4,636 $ 941 $ 250 $ 2,025 $ 393 $ 60 $ 108 $ 240 $ 8,653 Charge-offs ( 893 ) - - ( 185 ) - - ( 2 ) - ( 1,080 ) Recoveries 100 - - 16 - - - - 116 Provision (credit) 1,306 274 39 735 51 ( 47 ) ( 32 ) ( 26 ) 2,300 Ending balance $ 5,149 $ 1,215 $ 289 $ 2,591 $ 444 $ 13 $ 74 $ 214 $ 9,989 Ending balance: Individually evaluated for impairment $ 3,164 $ 71 $ - $ 145 $ - $ - $ 15 $ - $ 3,395 Ending balance: Collectively evaluated for impairment $ 1,985 $ 1,144 $ 289 $ 2,446 $ 444 $ 13 $ 59 $ 214 $ 6,594 Loans: Ending balance $ 75,475 $ 189,427 $ 29,298 $ 407,907 $ 837,672 $ 3,432 $ 7,898 $ 10,342 $ 1,561,451 Ending balance: Individually evaluated for impairment $ 4,290 $ 458 $ 710 $ 636 $ - $ - $ 1,726 $ - $ 7,820 Ending balance: Collectively evaluated for impairment $ 71,185 $ 188,969 $ 28,588 $ 407,271 $ 837,672 $ 3,432 $ 6,172 $ 10,342 $ 1,553,631
Delinquent Loans By Loan Category	June 30, 2020 30-59 Days 60-89 Days 90+ Days Total Total past due past due still accruing Non-accrual past due Current loans SBL non-real estate $ 2,376 $ 1,749 $ 347 $ 3,047 $ 7,519 $ 286,173 $ 293,692 SBL commercial mortgage 3,638 311 - 3,007 6,956 252,064 259,020 SBL construction - - - 711 711 32,482 33,193 Direct lease financing 534 534 5 2,879 3,952 418,553 422,505 SBLOC / IBLOC 107 1,054 - - 1,161 1,286,189 1,287,350 Advisor financing - - - - - 15,529 15,529 Other specialty lending - - - - - 2,706 2,706 Consumer - other - - - - - 761 761 Consumer - home equity - - - 313 313 2,929 3,242 Unamortized loan fees and costs - - - - - 4,739 4,739 $ 6,655 $ 3,648 $ 352 $ 9,957 $ 20,612 $ 2,302,125 $ 2,322,737 December 31, 2019 30-59 Days 60-89 Days 90+ Days Total Total past due past due still accruing Non-accrual past due Current loans SBL non-real estate $ 36 $ 125 $ - $ 3,693 $ 3,854 $ 80,725 $ 84,579 SBL commercial mortgage - 1,983 - 1,047 3,030 215,080 218,110 SBL construction - - - 711 711 44,599 45,310 Direct lease financing 2,008 2,692 3,264 - 7,964 426,496 434,460 SBLOC / IBLOC 290 75 - - 365 1,024,055 1,024,420 Other specialty lending - - - - - 3,055 3,055 Consumer - other - - - - - 1,137 1,137 Consumer - home equity - - - 345 345 3,072 3,417 Unamortized loan fees and costs - - - - - 9,757 9,757 $ 2,334 $ 4,875 $ 3,264 $ 5,796 $ 16,269 $ 1,807,976 $ 1,824,245
Loans By Categories	Pass Special mention Substandard Doubtful Loss Unrated subject to review * Unrated not subject to review * Total loans SBL non-real estate $ 76,108 $ 3,045 $ 4,430 $ - $ - $ - $ 996 $ 84,579 SBL commercial mortgage 208,809 2,249 5,577 - - - 1,475 218,110 SBL construction 44,599 - 711 - - - - 45,310 Direct lease financing 420,289 - 8,792 - - - 5,379 434,460 SBLOC / IBLOC 942,858 - - - - - 81,562 1,024,420 Other specialty lending 3,055 - - - - - - 3,055 Consumer 2,545 - 345 - - - 1,664 4,554 Unamortized loan fees and costs - - - - - - 9,757 9,757 $ 1,698,263 $ 5,294 $ 19,855 $ - $ - $ - $ 100,833 $ 1,824,245 * For information on targeted loan review thresholds see “Allowance for Loan Losses” in the 2019 Form 10-K Report in the loans footnote and in this Form 10-Q in the Management’s Discussion and Analysis of Financial Condition and Results of Operations.

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
Fair Value Measurements (Tables)	Jun. 30, 2020
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Carrying Amount And Estimated Fair Value Of Assets And Liabilities	June 30, 2020 Quoted prices in Significant other Significant active markets for observable unobservable Carrying Estimated identical assets inputs inputs amount fair value (Level 1) (Level 2) (Level 3) Investment securities, available-for-sale $ 1,324,447 $ 1,324,447 $ - $ 1,133,892 $ 190,555 Federal Home Loan Bank and Atlantic Central Bankers Bank stock 1,368 1,368 - - 1,368 Commercial loans held-for-sale 1,807,630 1,807,630 - - 1,807,630 Loans, net of deferred loan fees and costs 2,322,737 2,320,425 - - 2,320,425 Investment in unconsolidated entity 34,064 34,064 - - 34,064 Assets held-for-sale from discontinued operations 128,463 128,463 - - 128,463 Interest rate swaps, liability 2,593 2,593 - 2,593 - Demand and interest checking 5,089,741 5,089,741 - 5,089,741 - Savings and money market 455,458 455,458 - 455,458 - Subordinated debentures 13,401 8,282 - - 8,282 Securities sold under agreements to repurchase 42 42 42 - - December 31, 2019 Quoted prices in Significant other Significant active markets for observable unobservable Carrying Estimated identical assets inputs inputs amount fair value (Level 1) (Level 2) (Level 3) Investment securities, available-for-sale $ 1,320,692 $ 1,320,692 $ - $ 1,203,359 $ 117,333 Investment securities, held-to-maturity 84,387 83,002 - 75,850 7,152 Federal Home Loan Bank and Atlantic Central Bankers Bank stock 5,342 5,342 - - 5,342 Commercial loans held-for-sale 1,180,546 1,180,546 - - 1,180,546 Loans, net of deferred loan fees and costs 1,824,245 1,826,154 - - 1,826,154 Investment in unconsolidated entity 39,154 39,154 - - 39,154 Assets held-for-sale from discontinued operations 140,657 140,657 - - 140,657 Interest rate swaps, liability 232 232 - 232 - Demand and interest checking 4,402,740 4,402,740 - 4,402,740 - Savings and money market 174,290 174,290 - 174,290 - Time deposits 475,000 475,000 - - 475,000 Subordinated debentures 13,401 9,736 - - 9,736 Securities sold under agreements to repurchase 82 82 82 - -
Changes In Company's Level 3 Assets	Fair Value Measurements Using Significant Unobservable Inputs (Level 3) Available-for-sale Commercial loans securities held-for-sale June 30, 2020 December 31, 2019 June 30, 2020 December 31, 2019 Beginning balance $ 117,333 $ 24,390 $ 1,180,546 $ 688,471 Transfers into level 3 - 100,664 - - Transfers out of level 3 - - - - Reclass of held-to-maturity securities to available-for-sale 85,151 - - - Total gains or (losses) (realized/unrealized) Included in earnings - - ( 3,736 ) 25,986 Included in other comprehensive income 4,055 688 - - Purchases, issuances, sales and settlements Purchases - - - - Issuances - - 634,860 1,795,376 Sales - - - ( 1,329,287 ) Settlements ( 15,984 ) ( 8,409 ) ( 4,040 ) - Ending balance $ 190,555 $ 117,333 $ 1,807,630 $ 1,180,546 Total gains or (losses) year to date included in earnings attributable to the change in unrealized gains or losses relating to assets still held at the reporting date as shown above. $ - $ - $ ( 3,600 ) $ 963 The Company’s Level 3 asset activity for the categories shown for year to date are summarized below (in thousands): Fair Value Measurements Using Significant Unobservable Inputs (Level 3) Investment in Assets held-for-sale unconsolidated entity from discontinued operations June 30, 2020 December 31, 2019 June 30, 2020 December 31, 2019 Beginning balance $ 39,154 $ 59,273 $ 140,657 $ 197,831 Transfers into level 3 - - - - Transfers out of level 3 - - - - Total gains or (losses) (realized/unrealized) Included in earnings ( 45 ) - ( 819 ) ( 487 ) Included in other comprehensive income - - - - Purchases, issuances, sales, settlements and charge-offs Purchases - - - - Issuances - - 592 2,125 Sales - - ( 1,252 ) ( 7,136 ) Settlements ( 5,045 ) ( 20,119 ) ( 10,597 ) ( 49,021 ) Charge-offs - - ( 118 ) ( 2,655 ) Ending balance $ 34,064 $ 39,154 $ 128,463 $ 140,657 Total losses year to date included in earnings attributable to the change in unrealized gains or losses relating to assets still held at the reporting date as shown above. $ ( 45 ) $ - $ ( 819 ) $ ( 487 )
Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Measured At Fair Value On A Recurring And Nonrecurring Basis	Fair Value Measurements at Reporting Date Using Quoted prices in Significant other Significant active markets for observable unobservable Fair value identical assets inputs inputs June 30, 2020 (Level 1) (Level 2) (Level 3) Investment securities, available-for-sale U.S. Government agency securities $ 50,400 $ - $ 50,400 $ - Asset-backed securities 235,197 - 235,197 - Obligations of states and political subdivisions 61,350 - 61,350 - Residential mortgage-backed securities 312,149 - 312,149 - Collateralized mortgage obligation securities 190,411 - 190,411 - Commercial mortgage-backed securities 393,107 - 284,385 108,722 Corporate debt securities 81,833 - - 81,833 Total investment securities available-for-sale 1,324,447 - 1,133,892 190,555 Commercial loans held-for-sale 1,807,630 - - 1,807,630 Investment in unconsolidated entity 34,064 - - 34,064 Assets held-for-sale from discontinued operations 128,463 - - 128,463 Interest rate swaps, liability 2,593 - 2,593 - $ 3,292,011 $ - $ 1,131,299 $ 2,160,712 Fair Value Measurements at Reporting Date Using Quoted prices in Significant other Significant active markets for observable unobservable Fair value identical assets inputs inputs December 31, 2019 (Level 1) (Level 2) (Level 3) Investment securities, available-for-sale U.S. Government agency securities $ 52,910 $ - $ 52,910 $ - Asset-backed securities 244,349 - 244,349 - Obligations of states and political subdivisions 65,568 - 65,568 - Residential mortgage-backed securities 336,596 - 336,596 - Collateralized mortgage obligation securities 222,727 - 222,727 - Commercial mortgage-backed securities 398,542 - 281,209 117,333 Total investment securities available-for-sale 1,320,692 - 1,203,359 117,333 Commercial loans held-for-sale 1,180,546 - - 1,180,546 Investment in unconsolidated entity 39,154 - - 39,154 Assets held-for-sale from discontinued operations 140,657 - - 140,657 Interest rate swaps, liability 232 - 232 - $ 2,680,817 $ - $ 1,203,127 $ 1,477,690
Fair Value Inputs, Assets, Quantitative Information	Level 3 instruments only Weighted Fair value at Range at average at June 30, 2020 Valuation techniques Unobservable inputs June 30, 2020 June 30, 2020 Commercial mortgage backed investment $ 108,722 Discounted cash flow Discount rate 3.16 % - 8.16 % 4.54 % securities available-for-sale (a) Insurance liquidating trust preferred security, 6,164 Discounted cash flow Discount rate 7.47 % 7.47 % available-for-sale (b) Corporate debt securities (c) 75,669 Traders' pricing Price indications $ 100.80 - $ 100.13 $ 100.90 Federal Home Loan Bank and Atlantic 1,368 Cost N/A N/A N/A Central Bankers Bank stock Loans, net of deferred loan fees and costs (d) 2,320,425 Discounted cash flow Discount rate 1.00 % - 6.55 % 2.56 % Commercial - SBA (e) 225,401 Traders' pricing Offered quotes $ 100.00 - $ 111.00 $ 104.70 Commercial - fixed (f) 84,690 Discounted cash flow Discount rate 5.06 % - 7.35 % 5.95 % Commercial - floating (g) 1,497,539 Discounted cash flow Discount rate 3.00 % - 6.81 % 4.80 % Commercial loans held-for-sale 1,807,630 Investment in unconsolidated entity (h) 34,064 Discounted cash flow Discount rate 5.87 % 5.87 % Default rate 1.00 % 1.00 % Assets held-for-sale from discontinued operations (i) 128,463 Discounted cash flow Discount rate, 3.08 % - 7.63 % 4.32 % Credit analysis Subordinated debentures (j) 8,282 Discounted cash flow Discount rate 7.47 % 7.47 % Level 3 instruments only Fair value at Range at December 31, 2019 Valuation techniques Unobservable inputs December 31, 2019 Commercial mortgage backed investment $ 117,333 Discounted cash flow Discount rate 4.05 % - 8.18 % securities available-for-sale (a) Insurance liquidating trust preferred security, 7,152 Discounted cash flow Discount rate 8.01 % available-for-sale (b) Federal Home Loan Bank and Atlantic 5,342 Cost N/A N/A Central Bankers Bank stock Loans, net of deferred loan fees and costs (d) 1,826,154 Discounted cash flow Discount rate 3.11 % - 6.93 % Commercial - SBA (e) 220,358 Traders' pricing Offered quotes $ 101.6 - $ 107.9 Commercial - fixed (f) 88,986 Discounted cash flow Discount rate 4.33 % - 7.13 % Commercial - floating (g) 871,202 Discounted cash flow Discount rate 4.51 % - 6.81 % Commercial loans held-for-sale 1,180,546 Investment in unconsolidated entity (h) 39,154 Discounted cash flow Discount rate 5.84 % Default rate 1.00 % Assets held-for-sale from discontinued operations (i) 140,657 Discounted cash flow Discount rate, 3.49 % - 7.58 % Credit analysis Subordinated debentures (j) 9,736 Discounted cash flow Discount rate 8.01 % The valuations for each of the instruments above, as of the balance sheet date, is subject to judgments, assumptions and uncertainties, changes in which could have a significant impact on such valuations. All weighted averages were calculated by using the discount rate for each individual security or loan weighted by its market value, except for SBA loans. For SBA loans, traders’ pricing indications for pools determined by date of loan origination were weighted. For commercial loans held-for-sale, investment in unconsolidated entity and assets held-for-sale from discontinued operations, changes in fair value are reflected in the income statement. Changes in fair value of securities which are unrelated to credit are recorded through equity. Changes in the fair value of loans not held-for- sale which are unrelated to credit are a disclosure item, without impact on the financial statements. The notes below refer to the June 30, 2020 table. a) Commercial mortgage backed investment securities, consisting of Bank issued CRE securities, are valued using discounted cash flow analyses. The discount rates applied are based upon market observations for comparable securities and implicitly assume market averages for prepayments, defaults, and loss severities. Each of the securities has some credit enhancement, or protection from other tranches in the issue, which limit their valuation exposure to credit losses. Nonetheless, increases in expected default rates or loss severities on the loans underlying the issue could reduce their value. In market environments in which investors demand greater yield compensation for credit risk, the discount rate applied would ordinarily be higher and the valuation lower. Changes in prepayments and loss experience could also change the interest earned on these holdings in future periods and impact fair values. b) Insurance liquidating trust preferred is a single debenture which is valued using discounted cash flow analysis. The discount rate used is based on the market rate on comparable relatively illiquid instruments and credit analysis. A change in the liquidating trust’s ability to repay the note, or an increase in interest rates, particularly for privately placed debentures, would affect the discount rate and thus the valuation. As a single security, the weighted average rate shown is the actual rate applied to the security. c) Corporate debt securities consist of three AAA rated privately placed debt structures backed by investment grade corporate debt each with over 50 % credit enhancement. Each of these securities has a coupon of 3 Month LIBOR + 3.00 %. Price indications are obtained from a broker/dealer with significant experience in trading and evaluating these securities. Changes in either investor yield requirements for relatively illiquid securities, or credit risk could affect the price indications. d) Loans, net of deferred fees and costs are valued using discounted cash flow analysis. Discount rates are based upon available information for estimated current origination rates for each loan type. Origination rates may fluctuate based upon changes in the risk free (Treasury) rate and credit experience for each loan type. At June 30, 2020, the balance included $ 207.9 million of Paycheck Protection Program loans, which bear interest at 1 % but also earn fees. e) Commercial-SBL (SBA Loans) are comprised of the government guaranteed portion of SBA insured loans. Their valuation is based upon dealer pricing indications. A limited number of broker/dealers originate the pooled securities for which the loans are purchased and as a result, prices can fluctuate based on such limited market demand, although the government guarantee has resulted in consistent historical demand. Valuations are also impacted by prepayment assumptions resulting from both voluntary payoffs and defaults. f) Commercial-fixed are fixed rate commercial mortgages originated for sale. Discount rates used in applying discounted cash flow analysis are determined by an independent valuation consultant based upon loan terms, the general level of interest rates and the quality of the credit. g) Commercial-floating are floating rate loans, the vast majority of which are secured by multi-family properties. These are bridge loans designed to provide owners time and funding for property improvements and are valued using discounted cash flow analysis. The discount rate for the vast majority of these loans, which are multi-family, was based upon current origination rates for similar loans and an updated expected loss rate of 1.2 %, representing a post-Coronavirus projection by a third-party analytics firm. Changes in loan performance which result in higher credit losses than this projection could result in changes in the discount rate and resulting valuation. h) Investment in unconsolidated entity is in non-accrual status, and changes in its value, determined by discounted cash flows, are recorded in the income statement under “C hange in value of investment in unconsolidated entity”. A constant default rate of 1 %, net of recoveries, on cash flowing loans was utilized. Changes in market interest rates, credit quality or payment experience could result in a change in the current valuation. i) Assets held-for-sale from discontinued operations are valued using discounted cash flow by an independent valuation consultant using loan performance, other credit characteristics and market interest rate comparisons. Changes in those factors could change the valuation. j) Subordinated debentures are comprised of two subordinated notes issued by the Company, maturing in 2038 with a floating rate of 3-month LIBOR plus 3.25 %. These notes are valued using discounted cash flow analysis. The discount rate is based on the market rate for comparable relatively illiquid instruments. Changes in those market rates, or the credit of the company could result in changes in the valuation.
Fair Value, Measurements, Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Measured At Fair Value On A Recurring And Nonrecurring Basis	Fair Value Measurements at Reporting Date Using Quoted prices in active Significant other Significant markets for identical observable unobservable Fair value assets inputs inputs (1) Description June 30, 2020 (Level 1) (Level 2) (Level 3) Collateral dependent loans (1) $ 7,828 $ - $ - $ 7,828 Fair Value Measurements at Reporting Date Using Quoted prices in active Significant other Significant markets for identical observable unobservable Fair value assets inputs inputs (1) Description December 31, 2019 (Level 1) (Level 2) (Level 3) Collateral dependent loans (1) $ 3,651 $ - $ - $ 3,651 Intangible assets 2,315 - - 2,315 $ 5,966 $ - $ - $ 5,966 (1) The method of valuation approach for the collateral dependent loans was the market value approach based upon appraisals of the underlying collateral by external appraisers, reduced by 7 % to 10 % for estimated selling costs. Intangible assets are valued based upon internal analyses.

Derivatives (Tables)

Derivatives (Tables)	6 Months Ended
Derivatives (Tables)	Jun. 30, 2020
Derivatives [Abstract]
Derivatives	June 30, 2020 Maturity date Notional amount Interest rate paid Interest rate received Fair value August 4, 2021 10,300 1.12 % 0.56 % ( 94 ) December 23, 2025 6,800 2.16 % 0.31 % ( 667 ) December 24, 2025 8,200 2.17 % 0.30 % ( 813 ) January 28, 2026 3,000 1.87 % 0.89 % ( 250 ) July 20, 2026 6,300 1.44 % 1.14 % ( 392 ) December 12, 2026 3,200 2.26 % 0.32 % ( 377 ) Total $ 37,800 $ ( 2,593 )

Recent Accounting Pronounceme_2

Recent Accounting Pronouncements (Tables)	6 Months Ended
Recent Accounting Pronouncements (Tables)	Jun. 30, 2020
Recent Accounting Pronouncements [Abstract]
Scheduled Maturities of Direct Financing Leases	Remaining 2020 $ 69,120 2021 108,857 2022 75,490 2023 46,902 2024 21,846 2025 and thereafter 5,016 Total undiscounted cash flows 327,231 Residual value * 140,925 Difference between undiscounted cash flows and discounted cash flows ( 45,651 ) Present value of lease payments recorded as lease receivables $ 422,505 * Of the $ 140,925,000 , $ 30,337,000 is not guaranteed by the lessee.

Segment Financials (Tables)

Segment Financials (Tables)	6 Months Ended
Segment Financials (Tables)	Jun. 30, 2020
Segment Financials [Abstract]
Schedule Of Segment Financials	For the three months ended June 30, 2020 Specialty finance Payments Corporate Discontinued operations Total (in thousands) Interest income $ 41,552 $ - $ 10,347 $ - $ 51,899 Interest allocation - 10,347 ( 10,347 ) - - Interest expense 219 1,081 353 - 1,653 Net interest income (loss) 41,333 9,266 ( 353 ) - 50,246 Provision for credit losses 922 - - - 922 Non-interest income ( 178 ) 20,416 128 - 20,366 Non-interest expense 17,590 17,261 7,769 - 42,620 Income (loss) from continuing operations before taxes 22,643 12,421 ( 7,994 ) - 27,070 Income tax expense - - 6,787 - 6,787 Income (loss) from continuing operations 22,643 12,421 ( 14,781 ) - 20,283 Loss from discontinued operations - - - ( 215 ) ( 215 ) Net income (loss) $ 22,643 $ 12,421 $ ( 14,781 ) $ ( 215 ) $ 20,068 For the three months ended June 30, 2019 Specialty finance Payments Corporate Discontinued operations Total (in thousands) Interest income $ 29,890 $ - $ 14,190 $ - $ 44,080 Interest allocation - 14,190 ( 14,190 ) - - Interest expense 366 8,327 848 - 9,541 Net interest income (loss) 29,524 5,863 ( 848 ) - 34,539 Provision for credit losses 600 - - - 600 Non-interest income 1,297 18,418 34 - 19,749 Non-interest expense 16,047 17,463 6,009 - 39,519 Income (loss) from continuing operations before taxes 14,174 6,818 ( 6,823 ) - 14,169 Income tax expense - - 3,575 - 3,575 Income (loss) from continuing operations 14,174 6,818 ( 10,398 ) - 10,594 Income from discontinued operations - - - 756 756 Net income (loss) $ 14,174 $ 6,818 $ ( 10,398 ) $ 756 $ 11,350 For the six months ended June 30, 2020 Specialty finance Payments Corporate Discontinued operations Total (in thousands) Interest income $ 80,846 $ - $ 22,519 $ - $ 103,365 Interest allocation - 22,519 ( 22,519 ) - - Interest expense 559 6,147 3,502 - 10,208 Net interest income (loss) 80,287 16,372 ( 3,502 ) - 93,157 Provision for credit losses 4,501 - - - 4,501 Non-interest income ( 4,017 ) 40,837 145 - 36,965 Non-interest expense 34,506 34,406 12,126 - 81,038 Income (loss) from continuing operations before taxes 37,263 22,803 ( 15,483 ) - 44,583 Income tax expense - - 11,139 - 11,139 Income (loss) from continuing operations 37,263 22,803 ( 26,622 ) - 33,444 Loss from discontinued operations - - - ( 785 ) ( 785 ) Net income (loss) $ 37,263 $ 22,803 $ ( 26,622 ) $ ( 785 ) $ 32,659 For the six months ended June 30, 2019 Specialty finance Payments Corporate Discontinued operations Total (in thousands) Interest income $ 60,363 $ - $ 27,295 $ - $ 87,658 Interest allocation - 27,295 ( 27,295 ) - - Interest expense 734 16,711 1,664 - 19,109 Net interest income (loss) 59,629 10,584 ( 1,664 ) - 68,549 Provision for credit losses 2,300 - - - 2,300 Non-interest income 13,075 36,966 73 - 50,114 Non-interest expense 31,405 33,922 13,421 - 78,748 Income (loss) from continuing operations before taxes 38,999 13,628 ( 15,012 ) - 37,615 Income tax expense - - 9,610 - 9,610 Income (loss) from continuing operations 38,999 13,628 ( 24,622 ) - 28,005 Income from discontinued operations - - - 1,275 1,275 Net income (loss) $ 38,999 $ 13,628 $ ( 24,622 ) $ 1,275 $ 29,280 June 30, 2020 Specialty finance Payments Corporate Discontinued operations Total (in thousands) Total assets $ 4,174,108 $ 38,723 $ 1,872,743 $ 128,463 $ 6,214,037 Total liabilities $ 298,212 $ 4,919,940 $ 462,806 $ - $ 5,680,958 December 31, 2019 Specialty finance Payments Corporate Discontinued operations Total (in thousands) Total assets $ 3,008,304 $ 57,746 $ 2,450,256 $ 140,657 $ 5,656,963 Total liabilities $ 247,485 $ 4,030,921 $ 894,060 $ - $ 5,172,466

Discontinued Operations (Tables

Discontinued Operations (Tables)	6 Months Ended
Discontinued Operations (Tables)	Jun. 30, 2020
Discontinued Operations [Abstract]
Financial Results Of The Commercial Lending Business Included In Net Income (Loss) From Discontinued Operations	For the three months ended June 30, For the six months ended June 30, 2020 2019 2020 2019 Interest income $ 1,094 $ 1,659 $ 2,368 $ 3,684 Interest expense - - - - Net interest income 1,094 1,659 2,368 3,684 Non-interest income 1 10 14 24 Non-interest expense 1,369 750 3,431 1,984 Income (loss) before taxes ( 274 ) 919 ( 1,049 ) 1,724 Income tax expense (benefit) ( 59 ) 163 ( 264 ) 449 Net income (loss) $ ( 215 ) $ 756 $ ( 785 ) $ 1,275 June 30, December 31, 2020 2019 Loans, net $ 101,762 $ 115,879 Other real estate owned 26,701 24,778 Total assets $ 128,463 $ 140,657

Stock-Based Compensation (Narra

Stock-Based Compensation (Narrative) (Details)	6 Months Ended
Stock-Based Compensation (Narrative) (Details)	Jun. 30, 2020USD ($)item$ / sharesshares	Jun. 30, 2019USD ($)$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of stock-based compensation plans \| item	4
Unrecognized compensation cost related to unvested awards under share-based plans \| $	$ 15,600,000
Cost expected to be recognized over a weighted average period	2 years 4 months 24 days
Share-based Payment Arrangement, Expense \| $	$ 3,000,000	$ 3,000,000
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (in shares) \| shares	1,531,702	930,831
Granted (in dollars per share) \| $ / shares	$ 6.87
Options Granted (in dollars per share) \| $ / shares		$ 8.57
Restricted Stock Units (RSUs) [Member] \| Share-based Payment Arrangement, Tranche One [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	3 years	3 years
Granted (in shares) \| shares	1,387,602	863,331
Restricted Stock Units (RSUs) [Member] \| Share-based Payment Arrangement, Tranche Two [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	1 year	1 year
Granted (in shares) \| shares	144,100	67,500
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options Granted (in shares) \| shares	300,000	65,104
Vesting period	4 years
Stock option exercised (in shares) \| shares	74,000	0
Total intrinsic value of options exercised \| $	$ 310,280
Options Granted (in dollars per share) \| $ / shares	$ 3.02	$ 3.84
Options exercised and vested in period, total intrinsic value \| $	$ 6,200,000	$ 4,000,000
Restricted Stock Units And Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Fair Value \| $	$ 5,000,000	$ 3,500,000

Stock-Based Compensation (Summa

Stock-Based Compensation (Summary Of Status Of Company's Equity Compensations Plans) (Details) - Stock Options [Member] - USD ($)	6 Months Ended		12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Shares [Roll Forward]
Outstanding, beginning of period (in shares)	1,311,604
Options Granted (in shares)	300,000	65,104
Exercised (in shares)	(74,000)	0
Expired (in shares)	(147,000)
Forfeited (in shares)	(8,000)
Outstanding, end of period (in shares)	1,382,604		1,311,604
Exercisable, end of period (in shares)	1,033,776
Weighted average exercise price [Roll Forward]
Outstanding, beginning of period (in dollars per share)	$ 8.24
Granted (in dollars per share)	6.87
Exercised (in dollars per share)	8.38
Expired (in dollars per share)	7.81
Forfeited (in dollars per share)	9.39
Outstanding, end of period (in dollars per share)	7.97		$ 8.24
Exercisable, end of period (in dollars per share)	$ 8.27
Weighted-average remaining contractual term [Abstract]
Granted	3 years 10 months 17 days
Outstanding	4 years 6 months 25 days		3 years 1 month 9 days
Exercisable, end of period	2 years 9 months 29 days
Aggregate intrinsic value [Abstract]
Outstanding, beginning of period	$ 6,203,523
Granted	879,000
Exercised	310,280
Expired
Forfeited
Outstanding, end of period	2,600,118		$ 6,203,523
Exercisable, end of period	$ 1,661,059

Stock-Based Compensation (Sum_2

Stock-Based Compensation (Summary Of Restricted Stock Units) (Details) - Restricted Stock Units (RSUs) [Member] - $ / shares	6 Months Ended		12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Shares [Roll Forward]
Outstanding, beginning of period (in shares)	1,253,927
Granted (in shares)	1,531,702	930,831
Vested (in shares)	(540,790)
Forfeited (in shares)	(12,971)
Outstanding, end of period (in shares)	2,231,868		1,253,927
Weighted-average price [Roll forward]
Outstanding, beginning of period (in dollars per share)	$ 8.87
Granted (in dollars per share)	6.87
Vested (in dollars per share)	8.70
Forfeited (in dollars per share)	9.10
Outstanding, end of period (in dollars per share)	$ 7.54		$ 8.87
Average remaining contractual term (years) [Abstract]
Granted	2 years 8 months 12 days
Outstanding	2 years 3 months 7 days		1 year 7 months 20 days

Stock-Based Compensation (Fair

Stock-Based Compensation (Fair Value Of Grant On Date Of Grant Using The Black-Scholes Options Pricing Model) (Details)	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Risk-free interest rate (in hundredths)	0.68%	2.63%
Expected dividend yield (in hundredths)
Expected volatility (in hundredths)	45.20%	41.83%
Minimum [Member]
Expected lives (years)	1 year	1 year
Maximum [Member]
Expected lives (years)	6 years 3 months 18 days	6 years 3 months 18 days

Earnings Per Share (Narrative)

Earnings Per Share (Narrative) (Details) - $ / shares	3 Months Ended		6 Months Ended
Earnings Per Share (Narrative) (Details) - $ / shares	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive shares not included in earnings per share calculation	894,104	357,500	691,104	357,500
Exercise Price Range One [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Stock options, outstanding, exercisable range	488,500	984,104	488,500	984,104
Minimum exercisable prices (in dollars per share)	$ 6.75	$ 6.75
Maximum exercisable prices (in dollars per share)	$ 7.36	$ 8.57
Exercise Price Range Two [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Stock options, outstanding, exercisable range	691,500	984,104	691,500	984,104
Minimum exercisable prices (in dollars per share)			$ 6.75	$ 6.75
Maximum exercisable prices (in dollars per share)			$ 8.50	$ 8.57

Earnings Per Share (Earnings Pe

Earnings Per Share (Earnings Per Share) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Income (numerator) [Abstract]
Net earnings (loss) available to common shareholders	$ 20,068	$ 11,350	$ 32,659	$ 29,280
Diluted earnings (loss) per share, Net income (loss) available to common shareholders	$ 20,068	$ 11,350	$ 32,659	$ 29,280
Shares (denominator) [Abstract]
Basic earnings (loss) per share, Net income (loss) available to common shareholders (in shares)	57,489,719	56,702,182	57,355,282	56,612,596
Effect of dilutive securities, Common stock options and restricted stock units (in shares)	310,396	495,251	501,509	418,610
Diluted earnings (loss) per share, Net income (loss) available to common shareholders (in shares)	57,800,115	57,197,433	57,856,791	57,031,206
Per share amount [Abstract]
Basic earnings (loss) per share, Net income (loss) available to common shareholders (in dollars per share)	$ 0.35	$ 0.20	$ 0.57	$ 0.52
Effect of dilutive securities, Common stock options and restricted stock units (in dollars per share)				(0.01)
Net income per share - diluted	$ 0.35	$ 0.20	$ 0.57	$ 0.51
Continuing Operations [Member]
Income (numerator) [Abstract]
Net earnings (loss) available to common shareholders	$ 20,283	$ 10,594	$ 33,444	$ 28,005
Diluted earnings (loss) per share, Net income (loss) available to common shareholders	$ 20,283	$ 10,594	$ 33,444	$ 28,005
Shares (denominator) [Abstract]
Basic earnings (loss) per share, Net income (loss) available to common shareholders (in shares)	57,489,719	56,702,182	57,355,282	56,612,596
Effect of dilutive securities, Common stock options and restricted stock units (in shares)	310,396	495,251	501,509	418,610
Diluted earnings (loss) per share, Net income (loss) available to common shareholders (in shares)	57,800,115	57,197,433	57,856,791	57,031,206
Per share amount [Abstract]
Basic earnings (loss) per share, Net income (loss) available to common shareholders (in dollars per share)	$ 0.35	$ 0.19	$ 0.58	$ 0.50
Effect of dilutive securities, Common stock options and restricted stock units (in dollars per share)				(0.01)
Net income per share - diluted	$ 0.35	$ 0.19	$ 0.58	$ 0.49
Discontinued Operations [Member]
Income (numerator) [Abstract]
Net earnings (loss) available to common shareholders	$ (215)	$ 756	$ (785)	$ 1,275
Diluted earnings (loss) per share, Net income (loss) available to common shareholders	$ (215)	$ 756	$ (785)	$ 1,275
Shares (denominator) [Abstract]
Basic earnings (loss) per share, Net income (loss) available to common shareholders (in shares)	57,489,719	56,702,182	57,355,282	56,612,596
Effect of dilutive securities, Common stock options and restricted stock units (in shares)	310,396	495,251	501,509	418,610
Diluted earnings (loss) per share, Net income (loss) available to common shareholders (in shares)	57,800,115	57,197,433	57,856,791	57,031,206
Per share amount [Abstract]
Basic earnings (loss) per share, Net income (loss) available to common shareholders (in dollars per share)		$ 0.01	$ (0.01)	$ 0.02
Net income per share - diluted		$ 0.01	$ (0.01)	$ 0.02

Investment Securities (Narrativ

Investment Securities (Narrative) (Details) $ in Thousands	6 Months Ended
Investment Securities (Narrative) (Details) $ in Thousands	Jun. 30, 2020USD ($)security	Dec. 31, 2019USD ($)
Debt Securities, Available-for-sale, Allowance for Credit Loss [Line Items]
Investment in Federal Home Loan and Atlantic Central Bankers Bank stock recorded at cost	$ 1,400	$ 5,300
Investment securities pledged as collateral	0	0
Book value		84,387
Fair value		83,002
Number of securities with impairment that is other-than-temporary \| security	0
Single Issuers [Member]
Debt Securities, Available-for-sale, Allowance for Credit Loss [Line Items]
Number of single issuer trust preferred securities \| security	1
Book value	$ 10,000
Fair value	$ 6,200	$ 7,152

Investment Securities (Schedule

Investment Securities (Schedule Of Investment Securities Classified As Available-for-sale And Held-to-maturity) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Available-for-sale [Abstract]
Amortized cost	$ 1,295,977	$ 1,311,627
Gross unrealized gains	41,405	11,231
Gross unrealized losses	(12,935)	(2,166)
Fair value	1,324,447	1,320,692
Held-to-maturity [Abstract]
Amortized cost		84,387
Gross unrealized gains		682
Gross unrealized losses		(2,067)
Fair value		83,002
U.S. Government Agency Securities [Member]
Available-for-sale [Abstract]
Amortized cost	48,197	52,415
Gross unrealized gains	2,348	672
Gross unrealized losses	(145)	(177)
Fair value	50,400	52,910
Asset-backed Securities [Member]
Available-for-sale [Abstract]
Amortized cost	241,276	244,751
Gross unrealized gains		132
Gross unrealized losses	(6,079)	(534)
Fair value	235,197	244,349
Federally insured student loan securities [Member]
Available-for-sale [Abstract]
Amortized cost	30,439	33,852
Gross unrealized gains		10
Gross unrealized losses	(879)	(323)
Fair value	29,560	33,539
Collateralized Loan Obligations Securities [Member]
Available-for-sale [Abstract]
Amortized cost	210,837	210,899
Gross unrealized gains		122
Gross unrealized losses	(5,200)	(211)
Fair value	205,637	210,810
Tax-exempt Obligations Of States And Political Subdivisions [Member]
Available-for-sale [Abstract]
Amortized cost	4,041	5,174
Gross unrealized gains	259	144
Fair value	4,300	5,318
Taxable Obligations Of States And Political Subdivisions [Member]
Available-for-sale [Abstract]
Amortized cost	53,599	58,258
Gross unrealized gains	3,451	1,992
Fair value	57,050	60,250
Residential Mortgage-backed Securities [Member]
Available-for-sale [Abstract]
Amortized cost	301,498	335,068
Gross unrealized gains	10,774	2,629
Gross unrealized losses	(123)	(1,101)
Fair value	312,149	336,596
Collateralized Mortgage Obligation Securities [Member]
Available-for-sale [Abstract]
Amortized cost	185,834	221,109
Gross unrealized gains	4,667	1,826
Gross unrealized losses	(90)	(208)
Fair value	190,411	222,727
Commercial Mortgage-backed Securities [Member]
Available-for-sale [Abstract]
Amortized cost	376,424	394,852
Gross unrealized gains	19,345	3,836
Gross unrealized losses	(2,662)	(146)
Fair value	393,107	398,542
Corporate Debt Securities [Member]
Available-for-sale [Abstract]
Amortized cost	85,108
Gross unrealized gains	561
Gross unrealized losses	(3,836)
Fair value	81,833
Single Issuers [Member]
Held-to-maturity [Abstract]
Amortized cost		9,219
Gross unrealized losses		(2,067)
Fair value	$ 6,200	7,152
Pooled [Member]
Held-to-maturity [Abstract]
Amortized cost		75,168
Gross unrealized gains		682
Fair value		$ 75,850

Investment Securities (Amortize

Investment Securities (Amortized Cost And Fair Value Of Investment Securities By Contractual Maturity) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Available-for-sale, Amortized cost [Abstract]
Due before one year	$ 4,583
Due after one year through five years	114,902
Due after five years through ten years	222,239
Due after ten years	954,253
Total	1,295,977
Available-for-sale, Fair value [Abstract]
Due before one year	4,608
Due after one year through five years	121,416
Due after five years through ten years	231,130
Due after ten years	967,293
Fair value	1,324,447	$ 1,320,692
Held-to-maturity, Amortized cost [Abstract]
Due before one year
Due after one year through five years
Due after five years through ten years
Due after ten years
Held-to-maturity Securities, Total		84,387
Held-to-maturity, Fair value [Abstract]
Due before one year
Due after one year through five years
Due after five years through ten years
Due after ten years
Fair value		$ 83,002

Investment Securities (Availabl

Investment Securities (Available-for-sale And Held-to-maturity Securities, Continuous Unrealized Loss Position) (Details) $ in Thousands	Jun. 30, 2020USD ($)security	Dec. 31, 2019USD ($)security
Available-for-sale, continuous unrealized loss position [Abstract]
Number of securities \| security	68	123
Available-for-sale, continuous unrealized loss position, Fair Value [Abstract]
Less than 12 months, Fair Value	$ 289,447	$ 259,287
12 months or longer, Fair Value	69,916	155,022
Total, Fair Value	359,363	414,309
Available-for-sale, continuous unrealized loss position, Unrealized losses [Abstract]
Less than 12 months, Unrealized losses	(7,709)	(647)
12 months or longer, Unrealized losses	(5,226)	(1,519)
Total, Unrealized losses	$ (12,935)	$ (2,166)
Held-to-maturity, continuous unrealized loss position [Abstract]
Number of securities \| security		1
Held-to-maturity, continuous unrealized loss position, Fair Value [Abstract]
12 months or longer, Fair Value		$ 7,152
Total, Fair Value		7,152
Held-to-maturity, continuous unrealized loss position, Unrealized losses [Abstract]
12 months or longer, Unrealized losses		(2,067)
Total, Unrealized losses		$ (2,067)
U.S. Government Agency Securities [Member]
Available-for-sale, continuous unrealized loss position [Abstract]
Number of securities \| security	4	5
Available-for-sale, continuous unrealized loss position, Fair Value [Abstract]
Less than 12 months, Fair Value	$ 3,025	$ 12,214
12 months or longer, Fair Value	3,732	3,986
Total, Fair Value	6,757	16,200
Available-for-sale, continuous unrealized loss position, Unrealized losses [Abstract]
Less than 12 months, Unrealized losses	(18)	(44)
12 months or longer, Unrealized losses	(127)	(133)
Total, Unrealized losses	$ (145)	$ (177)
Asset-backed Securities [Member]
Available-for-sale, continuous unrealized loss position [Abstract]
Number of securities \| security	40	28
Available-for-sale, continuous unrealized loss position, Fair Value [Abstract]
Less than 12 months, Fair Value	$ 197,851	$ 115,909
12 months or longer, Fair Value	37,346	56,427
Total, Fair Value	235,197	172,336
Available-for-sale, continuous unrealized loss position, Unrealized losses [Abstract]
Less than 12 months, Unrealized losses	(4,971)	(275)
12 months or longer, Unrealized losses	(1,108)	(260)
Total, Unrealized losses	$ (6,079)	$ (535)
Residential Mortgage-backed Securities [Member]
Available-for-sale, continuous unrealized loss position [Abstract]
Number of securities \| security	10	64
Available-for-sale, continuous unrealized loss position, Fair Value [Abstract]
Less than 12 months, Fair Value	$ 3,856	$ 58,682
12 months or longer, Fair Value	8,833	73,311
Total, Fair Value	12,689	131,993
Available-for-sale, continuous unrealized loss position, Unrealized losses [Abstract]
Less than 12 months, Unrealized losses	(45)	(114)
12 months or longer, Unrealized losses	(78)	(987)
Total, Unrealized losses	$ (123)	$ (1,101)
Collateralized Mortgage Obligation Securities [Member]
Available-for-sale, continuous unrealized loss position [Abstract]
Number of securities \| security	10	22
Available-for-sale, continuous unrealized loss position, Fair Value [Abstract]
Less than 12 months, Fair Value	$ 23,192	$ 37,387
12 months or longer, Fair Value	3,779	18,136
Total, Fair Value	26,971	55,523
Available-for-sale, continuous unrealized loss position, Unrealized losses [Abstract]
Less than 12 months, Unrealized losses	(73)	(85)
12 months or longer, Unrealized losses	(17)	(123)
Total, Unrealized losses	$ (90)	$ (208)
Commercial Mortgage-backed Securities [Member]
Available-for-sale, continuous unrealized loss position [Abstract]
Number of securities \| security	3	4
Available-for-sale, continuous unrealized loss position, Fair Value [Abstract]
Less than 12 months, Fair Value	$ 61,523	$ 35,095
12 months or longer, Fair Value	10,062	3,162
Total, Fair Value	71,585	38,257
Available-for-sale, continuous unrealized loss position, Unrealized losses [Abstract]
Less than 12 months, Unrealized losses	(2,602)	(129)
12 months or longer, Unrealized losses	(60)	(16)
Total, Unrealized losses	$ (2,662)	$ (145)
Corporate Debt Securities [Member]
Available-for-sale, continuous unrealized loss position [Abstract]
Number of securities \| security	1
Available-for-sale, continuous unrealized loss position, Fair Value [Abstract]
12 months or longer, Fair Value	$ 6,164
Total, Fair Value	6,164
Available-for-sale, continuous unrealized loss position, Unrealized losses [Abstract]
12 months or longer, Unrealized losses	(3,836)
Total, Unrealized losses	$ (3,836)
Single Issuers [Member]
Held-to-maturity, continuous unrealized loss position [Abstract]
Number of securities \| security		1
Held-to-maturity, continuous unrealized loss position, Fair Value [Abstract]
12 months or longer, Fair Value		$ 7,152
Total, Fair Value		7,152
Held-to-maturity, continuous unrealized loss position, Unrealized losses [Abstract]
12 months or longer, Unrealized losses		(2,067)
Total, Unrealized losses		$ (2,067)

Loans (Narrative) (Details)

Loans (Narrative) (Details) - USD ($)		3 Months Ended		6 Months Ended		12 Months Ended
Loans (Narrative) (Details) - USD ($)		Mar. 31, 2020	Mar. 31, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019	Jan. 01, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for sale				$ 1,810,000
Loans available for sale, unpaid principal amount				1,810,000,000
Gains (losses) recognized from changes in fair value				(3,600,000)	$ 1,300,000
Changes in fair value gain (loss) of loans, credit weaknesses amount				$ 546,000
Prepayments percentage, loans				15.00%
Loans Receivable, Gross, Commercial, Mortgage			$ 518,300,000	$ 2,322,737,000
Gain (Loss) on Securitization of Financial Assets			10,800,000
Transfers of Financial Assets Accounted for as Sale, Initial Fair Value of Assets Obtained as Proceeds			$ 41,600,000
Fair Value Assumption, Date of Securitization or Asset-backed Financing Arrangement, Transferor's Continuing Involvement, Servicing Assets or Liabilities, Discount Rate			4.75%
Interest which would have been earned on loans classified as non-accrual				214,000	$ 227,000
Commitments to lend additional funds to loan customers whose terms have been modified in troubled debt restructurings				0		$ 0
Non-accrual loans, income				0
Nonaccrual loans, Income Reversed				197,000
Loans acquired with deteriorated credit quality				0		0
Financing Receivable, Modifications, Post-Modification Recorded Investment				1,696,000		2,084,000
Financing Receivable, Troubled Debt Restructured Loans, Reserves				510,000
Total loans, gross				2,317,998,000		$ 1,814,488,000
Financing Receivable Allowance For Credit Losses On Off-Balance Sheet Credit				$ 864,000,000
Equity Securities [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, advanced rate calculation, percentage				50
Mutual Fund [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, advanced rate calculation, percentage				50
Debt Securities [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, advanced rate calculation, percentage				80
ASU 2016-13 [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivable, Allowance for Credit Loss, Period Increase (Decrease)		$ 2,600,000
Financing Receivable Allowance For Off-Balance Credit Losses Period Increase		569,000
Financing Receivable Allowance For Credit Losses On Off-Balance Sheet Credit				$ 864,000			$ 569,000
SBLOC [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gains (losses) recognized from changes in fair value		0
Loans Receivable, Gross, Commercial, Mortgage				1,006,794,000
Vehicles Loan [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans, gross		$ 15,300,000		13,300,000
Advisor Financing [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans Receivable, Gross, Commercial, Mortgage				15,669,000
Total loans, gross	[1]			$ 15,529,000
Loan Amount, Loan-To-Value Ratio				70

[1]	In 2020, the Company began originating loans to investment advisors for purposes of debt refinance, acquisition of another firm or internal succession. Maximum loan amounts are subject to loan-to-value ratios of 70 %, based on third party business appraisals, but may be increased depending upon the debt service coverage ratio. Personal guarantees and blanket business liens are obtained as appropriate.

Loans (Major Classifications Of

Loans (Major Classifications Of Loans) (Details) $ in Thousands		6 Months Ended
		Jun. 30, 2020USD ($)	Dec. 31, 2019USD ($)	Jun. 30, 2019USD ($)
Major classifications of loans [Abstract]
Total loans, gross		$ 2,317,998	$ 1,814,488
Unamortized loan fees and costs		4,739	9,757
Total loans, net of unamortized loan fees and costs		2,322,737	1,824,245	$ 1,561,451
Demand deposit overdrafts reclassified as loan balances		361	882
SBL Non Real Estate [Member]
Major classifications of loans [Abstract]
Total loans, gross		293,692	84,579
Total loans, net of unamortized loan fees and costs		293,692	84,579	75,475
SBL Commercial Mortgage [Member]
Major classifications of loans [Abstract]
Total loans, gross		259,020	218,110
Total loans, net of unamortized loan fees and costs		259,020	218,110	189,427
SBL Construction [Member]
Major classifications of loans [Abstract]
Total loans, gross		33,193	45,310
Total loans, net of unamortized loan fees and costs		33,193	45,310	29,298
Small Business Loans [Member]
Major classifications of loans [Abstract]
Total loans, gross	[1]	585,905	347,999
Direct Lease Financing [Member]
Major classifications of loans [Abstract]
Total loans, gross		422,505	434,460
Total loans, net of unamortized loan fees and costs		422,505	434,460	407,907
SBLOC/IBLOC [Member]
Major classifications of loans [Abstract]
Total loans, gross	[2]	1,287,350	1,024,420
Total loans, net of unamortized loan fees and costs		1,287,350	1,024,420	837,672
Advisor Financing [Member]
Major classifications of loans [Abstract]
Total loans, gross	[3]	15,529
Total loans, net of unamortized loan fees and costs		$ 15,529
Loan amount, loan-to-value ratio		70
Other Specialty Lending [Member]
Major classifications of loans [Abstract]
Total loans, gross		$ 2,706	3,055
Total loans, net of unamortized loan fees and costs		2,706	3,055	$ 3,432
Consumer - other [Member]
Major classifications of loans [Abstract]
Total loans, gross	[4]	4,003	4,554
Total loans, net of unamortized loan fees and costs		761	1,137
Small Business Loans: Non-SBA Loans [Member]
Major classifications of loans [Abstract]
Total loans, gross		22,400	17,000
IBLOC [Member]
Major classifications of loans [Abstract]
Total loans, gross		284,300	$ 144,600
SBL: Short Term Paycheck Protection Loans [Member]
Major classifications of loans [Abstract]
Total loans, gross		$ 207,900

[1]	The preceding table shows small business loans, or SBL and SBL held-for-sale at the dates indicated (in thousands). Included in SBL non-real estate loans are $ 207.9 million of Paycheck Protection Program loans with estimated lives of less than one year. While the majority of SBL are comprised of SBA loans, SBL also includes $ 22.4 million of non-SBA loans as of June 30, 2020 and $ 17.0 million at December 31, 2019.
[2]	Securities Backed Lines of Credit, or SBLOC, are collateralized by marketable securities, while Insurance Backed Lines of Credit, or IBLOC, are collateralized by the cash surrender value of insurance policies. At June 30, 2020 and December 31, 2019, respectively, IBLOC loans amounted to $ 284.3 million and $ 144.6 million.
[3]	In 2020, the Company began originating loans to investment advisors for purposes of debt refinance, acquisition of another firm or internal succession. Maximum loan amounts are subject to loan-to-value ratios of 70 %, based on third party business appraisals, but may be increased depending upon the debt service coverage ratio. Personal guarantees and blanket business liens are obtained as appropriate.
[4]	Included in the table above under other consumer loans are demand deposit overdrafts reclassified as loan balances totaling $ 361,000 and $ 882,000 at June 30, 2020 and December 31, 2019, respectively. Estimated overdraft charge-offs and recoveries are reflected in the allowance for credit losses.

Loans (Schedule Of Small Busine

Loans (Schedule Of Small Business Administration Loans and Held For Sale) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Loans [Abstract]
SBL loans, including deferred fees and costs of $(1,970) and $4,215 for June 30, 2020 and December 31, 2019, respectively	$ 583,935	$ 352,214
SBL loans included in held for sale	225,401	220,358
Total small business loans	809,336	572,572
SBL deferred fees and costs	$ (1,970)	$ 4,215

Loans (Impaired Loans) (Details

Loans (Impaired Loans) (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
Loans (Impaired Loans) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
With an allowance recorded [Abstract]
Related allowance	$ (2,700)
Total allowance recorded [Abstract]
Recorded investment	10,516	$ 6,793
Unpaid principal balance	13,668	9,742
Related allowance	(2,688)	(3,142)
Average recorded investment	13,060	7,457
Interest income recognized	32	55
SBL Non Real Estate [Member]
Without an allowance recorded [Abstract]
Recorded investment	415	335
Unpaid principal balance	3,567	2,717
Average recorded investment	339	277
Interest income recognized	5	5
With an allowance recorded [Abstract]
Recorded investment	2,930	3,804
Unpaid principal balance	2,930	4,371
Related allowance	(1,991)	(2,961)
Average recorded investment	3,488	3,925
Interest income recognized	22	30
Total allowance recorded [Abstract]
Recorded investment	3,345	4,139
Unpaid principal balance	6,497	7,088
Related allowance	(1,991)	(2,961)
Average recorded investment	3,827	4,202
Interest income recognized	27	35
SBL Commercial Mortgage [Member]
Without an allowance recorded [Abstract]
Recorded investment	2,036	76
Unpaid principal balance	2,036	76
Average recorded investment	730	15
With an allowance recorded [Abstract]
Recorded investment	971	971
Unpaid principal balance	971	971
Related allowance	(136)	(136)
Average recorded investment	971	561
Total allowance recorded [Abstract]
Recorded investment	3,007	1,047
Unpaid principal balance	3,007	1,047
Related allowance	(136)	(136)
Average recorded investment	1,701	576
SBL Construction [Member]
Without an allowance recorded [Abstract]
Average recorded investment		284
With an allowance recorded [Abstract]
Recorded investment	711	711
Unpaid principal balance	711	711
Related allowance	(25)	(36)
Average recorded investment	711	284
Total allowance recorded [Abstract]
Recorded investment	711	711
Unpaid principal balance	711	711
Related allowance	(25)	(36)
Average recorded investment	711	568
Direct Lease Financing [Member]
Without an allowance recorded [Abstract]
Recorded investment	296	286
Unpaid principal balance	296	286
Average recorded investment	5,401	362
Interest income recognized		11
With an allowance recorded [Abstract]
Recorded investment	2,583
Unpaid principal balance	2,583
Related allowance	(536)
Average recorded investment	831	244
Total allowance recorded [Abstract]
Recorded investment	2,879	286
Unpaid principal balance	2,879	286
Related allowance	(536)
Average recorded investment	6,232	606
Interest income recognized		11
Consumer - Home Equity [Member]
Without an allowance recorded [Abstract]
Recorded investment	574	489
Unpaid principal balance	574	489
Average recorded investment	549	1,161
Interest income recognized	5	9
With an allowance recorded [Abstract]
Recorded investment		121
Unpaid principal balance		121
Related allowance		(9)
Average recorded investment	40	344
Total allowance recorded [Abstract]
Recorded investment	574	610
Unpaid principal balance	574	610
Related allowance		(9)
Average recorded investment	589	1,505
Interest income recognized	$ 5	$ 9

Loans (Summary Of Non-Accrual L

Loans (Summary Of Non-Accrual Loans With And Without Allowance For Credit Losses) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Financing Receivable, Nonaccrual [Line Items]
Non-accrual loans with a related ACL	$ 6,949
Non-accrual loans without a related ACL	3,008
Total non-accrual loans	9,957	$ 5,796
SBL Non Real Estate [Member]
Financing Receivable, Nonaccrual [Line Items]
Non-accrual loans with a related ACL	2,684
Non-accrual loans without a related ACL	363
Total non-accrual loans	3,047	3,693
SBL Commercial Mortgage [Member]
Financing Receivable, Nonaccrual [Line Items]
Non-accrual loans with a related ACL	971
Non-accrual loans without a related ACL	2,036
Total non-accrual loans	3,007	1,047
SBL Construction [Member]
Financing Receivable, Nonaccrual [Line Items]
Non-accrual loans with a related ACL	711
Total non-accrual loans	711	711
Direct Lease Financing [Member]
Financing Receivable, Nonaccrual [Line Items]
Non-accrual loans with a related ACL	2,583
Non-accrual loans without a related ACL	296
Total non-accrual loans	2,879
Consumer - other [Member]
Financing Receivable, Nonaccrual [Line Items]
Non-accrual loans without a related ACL	313
Total non-accrual loans	$ 313	$ 345

Loans (Non-accrual Loans, Loans

Loans (Non-accrual Loans, Loans Past Due 90 Days And Other Real Estate Owned And Delinquent Loans By Loan Category) (Details) - USD ($)	Jun. 30, 2020	Dec. 31, 2019
Financing Receivables Past Due and Other Real Estate Owned [Line Items]
Total non-accrual loans	$ 9,957,000	$ 5,796,000
Loans past due 90 days or more and still accruing	352,000	3,264,000
Total non-performing loans	2,317,998,000	1,814,488,000
Other real estate owned	0	0
Total non-performing assets	10,309,000	9,060,000
Non-Accrual Loans [Member]
Financing Receivables Past Due and Other Real Estate Owned [Line Items]
Total non-accrual loans	9,957,000	5,796,000
Non-Performing Loans [Member]
Financing Receivables Past Due and Other Real Estate Owned [Line Items]
Total non-performing loans	10,309,000	9,060,000
SBL Non Real Estate [Member]
Financing Receivables Past Due and Other Real Estate Owned [Line Items]
Total non-accrual loans	3,047,000	3,693,000
Total non-performing loans	293,692,000	84,579,000
SBL Non Real Estate [Member] \| Non-Accrual Loans [Member]
Financing Receivables Past Due and Other Real Estate Owned [Line Items]
Total non-accrual loans	3,047,000	3,693,000
SBL Commercial Mortgage [Member]
Financing Receivables Past Due and Other Real Estate Owned [Line Items]
Total non-accrual loans	3,007,000	1,047,000
Total non-performing loans	259,020,000	218,110,000
SBL Commercial Mortgage [Member] \| Non-Accrual Loans [Member]
Financing Receivables Past Due and Other Real Estate Owned [Line Items]
Total non-accrual loans	3,007,000	1,047,000
SBL Construction [Member]
Financing Receivables Past Due and Other Real Estate Owned [Line Items]
Total non-accrual loans	711,000	711,000
Total non-performing loans	33,193,000	45,310,000
SBL Construction [Member] \| Non-Accrual Loans [Member]
Financing Receivables Past Due and Other Real Estate Owned [Line Items]
Total non-accrual loans	711,000	711,000
Direct Lease Financing [Member]
Financing Receivables Past Due and Other Real Estate Owned [Line Items]
Total non-accrual loans	2,879,000
Total non-performing loans	422,505,000	434,460,000
Direct Lease Financing [Member] \| Non-Accrual Loans [Member]
Financing Receivables Past Due and Other Real Estate Owned [Line Items]
Total non-accrual loans	2,879,000
Consumer Loan [Member] \| Non-Accrual Loans [Member]
Financing Receivables Past Due and Other Real Estate Owned [Line Items]
Total non-accrual loans	$ 313,000	$ 345,000

Loans (Loans Modified And Consi

Loans (Loans Modified And Considered Troubled Debt Restructurings) (Details) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2020USD ($)loan	Dec. 31, 2019USD ($)loan
Financing Receivable, Modifications [Line Items]
Number \| loan	11	11
Pre-modification recorded investment	$ 1,696	$ 2,084
Post-modification recorded investment	$ 1,696	$ 2,084
SBL Non Real Estate [Member]
Financing Receivable, Modifications [Line Items]
Number \| loan	8	8
Pre-modification recorded investment	$ 944	$ 1,309
Post-modification recorded investment	$ 944	$ 1,309
Direct Lease Financing [Member]
Financing Receivable, Modifications [Line Items]
Number \| loan	1	1
Pre-modification recorded investment	$ 273	$ 286
Post-modification recorded investment	$ 273	$ 286
Consumer Loan [Member]
Financing Receivable, Modifications [Line Items]
Number \| loan	2	2
Pre-modification recorded investment	$ 479	$ 489
Post-modification recorded investment	$ 479	$ 489

Loans (Loans Modified As Troubl

Loans (Loans Modified As Troubled Debt Restructurings) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Financing Receivable, Modifications [Line Items]
Extended maturity	$ 305	$ 337
Combined rate and maturity	1,391	1,747
SBL Non Real Estate [Member]
Financing Receivable, Modifications [Line Items]
Extended maturity	32	51
Combined rate and maturity	912	1,258
Direct Lease Financing [Member]
Financing Receivable, Modifications [Line Items]
Extended maturity	273	286
Consumer Loan [Member]
Financing Receivable, Modifications [Line Items]
Combined rate and maturity	$ 479	$ 489

Loans (Effect Of The Adoption O

Loans (Effect Of The Adoption Of CECL) (Details) - USD ($) $ in Thousands		Jun. 30, 2020	Jan. 01, 2020	Dec. 31, 2019	Jun. 30, 2019	Dec. 31, 2018
Financing Receivable, Allowance for Credit Losses [Line Items]
Financing Receivable, Allowance for Credit Losses		$ 14,625		$ 10,238	$ 9,989	$ 8,653
Allowance for credit losses on off-balance sheet credit		864,000
SBL Non Real Estate [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Financing Receivable, Allowance for Credit Losses		4,726		4,985	5,149	4,636
SBL Commercial Mortgage [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Financing Receivable, Allowance for Credit Losses		2,614		1,472	1,215	941
SBL Construction [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Financing Receivable, Allowance for Credit Losses		513		432	289	250
Direct Lease Financing [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Financing Receivable, Allowance for Credit Losses		5,808		2,426	2,591	2,025
Advisor Financing [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Financing Receivable, Allowance for Credit Losses		116
Other Specialty Lending [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Financing Receivable, Allowance for Credit Losses		153		12	13	60
Consumer [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Financing Receivable, Allowance for Credit Losses		52		40	74	108
Unallocated [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Financing Receivable, Allowance for Credit Losses				318	$ 214	$ 240
SBA Loans Purchased For CRA Purposes [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Financing Receivable, Allowance for Credit Losses		36,600
Incurred Loss Method [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Financing Receivable, Allowance for Credit Losses				10,238
Total allowance for credit losses				$ 10,238
Financing Receivable Allowance For Credit Losses, Percent Of Segment				0.56%
Incurred Loss Method [Member] \| SBL Non Real Estate [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Financing Receivable, Allowance for Credit Losses				$ 4,914
Financing Receivable Allowance For Credit Losses, Percent Of Segment				8.33%
Incurred Loss Method [Member] \| SBL Commercial Mortgage [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Financing Receivable, Allowance for Credit Losses				$ 1,458
Financing Receivable Allowance For Credit Losses, Percent Of Segment				0.71%
Incurred Loss Method [Member] \| SBL Construction [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Financing Receivable, Allowance for Credit Losses				$ 432
Financing Receivable Allowance For Credit Losses, Percent Of Segment				0.95%
Incurred Loss Method [Member] \| Direct Lease Financing [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Financing Receivable, Allowance for Credit Losses				$ 2,426
Financing Receivable Allowance For Credit Losses, Percent Of Segment				0.56%
Incurred Loss Method [Member] \| SBLOC [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Financing Receivable, Allowance for Credit Losses				$ 440
Financing Receivable Allowance For Credit Losses, Percent Of Segment				0.05%
Incurred Loss Method [Member] \| IBLOC [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Financing Receivable, Allowance for Credit Losses				$ 113
Financing Receivable Allowance For Credit Losses, Percent Of Segment				0.08%
Incurred Loss Method [Member] \| Advisor Financing [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Financing Receivable Allowance For Credit Losses, Percent Of Segment				0.00%
Incurred Loss Method [Member] \| Other Specialty Lending [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Financing Receivable, Allowance for Credit Losses	[1]			$ 97
Financing Receivable Allowance For Credit Losses, Percent Of Segment	[1]			0.39%
Incurred Loss Method [Member] \| Consumer [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Financing Receivable, Allowance for Credit Losses				$ 40
Financing Receivable Allowance For Credit Losses, Percent Of Segment				0.88%
Incurred Loss Method [Member] \| Unallocated [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Financing Receivable, Allowance for Credit Losses				$ 318
ASU 2016-13 [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Financing Receivable, Allowance for Credit Losses		14,625	$ 12,874
Allowance for credit losses on off-balance sheet credit		864	569
Total allowance for credit losses		$ 15,489	$ 13,443
Financing Receivable Allowance For Credit Losses, Percent Of Segment		0.63%	0.71%
ASU 2016-13 [Member] \| SBL Non Real Estate [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Financing Receivable, Allowance for Credit Losses		$ 4,726	$ 4,766
Financing Receivable Allowance For Credit Losses, Percent Of Segment		1.61%	8.08%
ASU 2016-13 [Member] \| SBL Commercial Mortgage [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Financing Receivable, Allowance for Credit Losses		$ 2,614	$ 2,009
Financing Receivable Allowance For Credit Losses, Percent Of Segment		1.01%	0.98%
ASU 2016-13 [Member] \| SBL Construction [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Financing Receivable, Allowance for Credit Losses		$ 513	$ 571
Financing Receivable Allowance For Credit Losses, Percent Of Segment		1.55%	1.26%
ASU 2016-13 [Member] \| Direct Lease Financing [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Financing Receivable, Allowance for Credit Losses		$ 5,808	$ 4,788
Financing Receivable Allowance For Credit Losses, Percent Of Segment		1.34%	1.10%
ASU 2016-13 [Member] \| SBLOC [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Financing Receivable, Allowance for Credit Losses		$ 501	$ 440
Financing Receivable Allowance For Credit Losses, Percent Of Segment		0.05%	0.05%
ASU 2016-13 [Member] \| IBLOC [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Financing Receivable, Allowance for Credit Losses		$ 142	$ 72
Financing Receivable Allowance For Credit Losses, Percent Of Segment		0.05%	0.05%
ASU 2016-13 [Member] \| Advisor Financing [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Financing Receivable, Allowance for Credit Losses		$ 116
Financing Receivable Allowance For Credit Losses, Percent Of Segment		0.75%	0.00%
ASU 2016-13 [Member] \| Other Specialty Lending [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Financing Receivable, Allowance for Credit Losses	[1]	$ 153	$ 170
Financing Receivable Allowance For Credit Losses, Percent Of Segment	[1]	5.65%	0.40%
ASU 2016-13 [Member] \| Consumer [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Financing Receivable, Allowance for Credit Losses		$ 52	$ 58
Financing Receivable Allowance For Credit Losses, Percent Of Segment		1.30%	1.27%
ASU 2016-13 [Member] \| Unallocated [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Financing Receivable Allowance For Credit Losses, Percent Of Segment		0.00%

[1]	Included in other specialty lending are $ 36.6 million of SBA loans purchased for Community Reinvestment Act purposes. These loans are classified as SBL loans in our loan tables.

Loans (Summary Of Gross Loans H

Loans (Summary Of Gross Loans Held For Investment By Year Of Origination And Internally Assigned Credit Grade) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Mar. 31, 2019
Financing Receivable, Recorded Investment [Line Items]
2020	$ 417,843
2019	211,124
2018	152,826
2017	98,573
2016	68,899
Prior	82,378
Revolving loans at amortized cost	1,291,094
Financing Receivable, before Allowance for Credit Loss, Total	2,322,737	$ 518,300
SBL Non Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
2020	210,731
2019	9,744
2018	13,973
2017	7,802
2016	9,807
Prior	14,602
Financing Receivable, before Allowance for Credit Loss, Total	266,659
SBL Commercial Mortgage [Member]
Financing Receivable, Recorded Investment [Line Items]
2020	18,877
2019	62,618
2018	44,165
2017	43,370
2016	32,843
Prior	46,325
Financing Receivable, before Allowance for Credit Loss, Total	248,198
SBL Construction [Member]
Financing Receivable, Recorded Investment [Line Items]
2020	1,080
2019	16,907
2018	14,878
2016	711
Financing Receivable, before Allowance for Credit Loss, Total	33,576
Direct Lease Financing [Member]
Financing Receivable, Recorded Investment [Line Items]
2020	168,152
2019	118,167
2018	72,809
2017	40,183
2016	18,317
Prior	4,878
Financing Receivable, before Allowance for Credit Loss, Total	422,506
SBLOC [Member]
Financing Receivable, Recorded Investment [Line Items]
Revolving loans at amortized cost	1,006,794
Financing Receivable, before Allowance for Credit Loss, Total	1,006,794
IBLOC [Member]
Financing Receivable, Recorded Investment [Line Items]
Revolving loans at amortized cost	284,300
Financing Receivable, before Allowance for Credit Loss, Total	284,300
Other Specialty Lending [Member]
Financing Receivable, Recorded Investment [Line Items]
2020	2,813
2019	3,688
2018	7,001
2017	7,202
2016	7,221
Prior	13,108
Financing Receivable, before Allowance for Credit Loss, Total	41,033
Advisor Financing [Member]
Financing Receivable, Recorded Investment [Line Items]
2020	15,669
Financing Receivable, before Allowance for Credit Loss, Total	15,669
Consumer [Member]
Financing Receivable, Recorded Investment [Line Items]
2020	521
2017	16
Prior	3,465
Financing Receivable, before Allowance for Credit Loss, Total	4,002
Non-Rated [Member] \| SBL Non Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
2020	205,247
Financing Receivable, before Allowance for Credit Loss, Total	205,247
Non-Rated [Member] \| SBL Commercial Mortgage [Member]
Financing Receivable, Recorded Investment [Line Items]
2020	7,037
2019	8,795
Financing Receivable, before Allowance for Credit Loss, Total	15,832
Non-Rated [Member] \| SBL Construction [Member]
Financing Receivable, Recorded Investment [Line Items]
2020	382
Financing Receivable, before Allowance for Credit Loss, Total	382
Non-Rated [Member] \| Direct Lease Financing [Member]
Financing Receivable, Recorded Investment [Line Items]
2020	5,235
2019	3,839
2018	2,837
2017	1,421
2016	763
Prior	62
Financing Receivable, before Allowance for Credit Loss, Total	14,157
Non-Rated [Member] \| SBLOC [Member]
Financing Receivable, Recorded Investment [Line Items]
Revolving loans at amortized cost	19,126
Financing Receivable, before Allowance for Credit Loss, Total	19,126
Non-Rated [Member] \| IBLOC [Member]
Financing Receivable, Recorded Investment [Line Items]
Revolving loans at amortized cost	75,814
Financing Receivable, before Allowance for Credit Loss, Total	75,814
Non-Rated [Member] \| Other Specialty Lending [Member]
Financing Receivable, Recorded Investment [Line Items]
2020	2,696
Financing Receivable, before Allowance for Credit Loss, Total	2,696
Non-Rated [Member] \| Advisor Financing [Member]
Financing Receivable, Recorded Investment [Line Items]
2020	140
Financing Receivable, before Allowance for Credit Loss, Total	140
Non-Rated [Member] \| Consumer [Member]
Financing Receivable, Recorded Investment [Line Items]
2020	521
2017	16
Prior	1,682
Financing Receivable, before Allowance for Credit Loss, Total	2,219
Pass [Member] \| SBL Non Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
2020	5,484
2019	9,701
2018	12,809
2017	7,124
2016	7,887
Prior	11,923
Financing Receivable, before Allowance for Credit Loss, Total	54,928
Pass [Member] \| SBL Commercial Mortgage [Member]
Financing Receivable, Recorded Investment [Line Items]
2020	11,840
2019	53,823
2018	44,165
2017	43,370
2016	32,767
Prior	37,966
Financing Receivable, before Allowance for Credit Loss, Total	223,931
Pass [Member] \| SBL Construction [Member]
Financing Receivable, Recorded Investment [Line Items]
2020	698
2019	16,907
2018	14,878
Financing Receivable, before Allowance for Credit Loss, Total	32,483
Pass [Member] \| Direct Lease Financing [Member]
Financing Receivable, Recorded Investment [Line Items]
2020	157,214
2019	114,013
2018	69,443
2017	38,538
2016	16,872
Prior	4,755
Financing Receivable, before Allowance for Credit Loss, Total	400,835
Pass [Member] \| SBLOC [Member]
Financing Receivable, Recorded Investment [Line Items]
Revolving loans at amortized cost	987,668
Financing Receivable, before Allowance for Credit Loss, Total	987,668
Pass [Member] \| IBLOC [Member]
Financing Receivable, Recorded Investment [Line Items]
Revolving loans at amortized cost	208,486
Financing Receivable, before Allowance for Credit Loss, Total	208,486
Pass [Member] \| Other Specialty Lending [Member]
Financing Receivable, Recorded Investment [Line Items]
2020	117
2019	3,688
2018	7,001
2017	7,202
2016	7,221
Prior	13,108
Financing Receivable, before Allowance for Credit Loss, Total	38,337
Pass [Member] \| Advisor Financing [Member]
Financing Receivable, Recorded Investment [Line Items]
2020	15,529
Financing Receivable, before Allowance for Credit Loss, Total	15,529
Pass [Member] \| Consumer [Member]
Financing Receivable, Recorded Investment [Line Items]
Prior	1,471
Financing Receivable, before Allowance for Credit Loss, Total	1,471
Special Mention [Member] \| SBL Non Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
2018	1,164
2017	43
2016	534
Prior	750
Financing Receivable, before Allowance for Credit Loss, Total	2,491
Special Mention [Member] \| SBL Commercial Mortgage [Member]
Financing Receivable, Recorded Investment [Line Items]
Prior	261
Financing Receivable, before Allowance for Credit Loss, Total	261
Special Mention [Member] \| Direct Lease Financing [Member]
Financing Receivable, Recorded Investment [Line Items]
2016	8
Financing Receivable, before Allowance for Credit Loss, Total	8
Substandard [Member] \| SBL Non Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
2019	43
2017	635
2016	1,386
Prior	1,929
Financing Receivable, before Allowance for Credit Loss, Total	3,993
Substandard [Member] \| SBL Commercial Mortgage [Member]
Financing Receivable, Recorded Investment [Line Items]
2016	76
Prior	8,098
Financing Receivable, before Allowance for Credit Loss, Total	8,174
Substandard [Member] \| SBL Construction [Member]
Financing Receivable, Recorded Investment [Line Items]
2016	711
Financing Receivable, before Allowance for Credit Loss, Total	711
Substandard [Member] \| Direct Lease Financing [Member]
Financing Receivable, Recorded Investment [Line Items]
2020	5,703
2019	315
2018	529
2017	224
2016	674
Prior	61
Financing Receivable, before Allowance for Credit Loss, Total	7,506
Substandard [Member] \| Consumer [Member]
Financing Receivable, Recorded Investment [Line Items]
Prior	312
Financing Receivable, before Allowance for Credit Loss, Total	$ 312

Loans (Changes In Allowance For

Loans (Changes In Allowance For Loan And Lease Losses By Loan Category) (Details) - USD ($) $ in Thousands	6 Months Ended		12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Changes in allowance for loan and lease losses by loan category [Abstract]
Beginning balance	$ 10,238	$ 8,653	$ 8,653
CECL adjustment	2,637
Charge-offs	(2,600)	(1,080)	(2,993)
Recoveries	144	116	178
Provision (credit)	4,206	2,300	4,400
Ending balance	14,625	9,989	10,238
Ending balance: Individually evaluated for expected credit loss	2,689	3,395	3,142
Ending balance: Collectively evaluated for expected credit loss	11,936	6,594	7,096
Loans [Abstract]
Loans: Ending Balance	2,322,737	1,561,451	1,824,245
Ending balance: Individually evaluated for impairment	10,516	7,820	6,793
Ending balance: Collectively evaluated for impairment	2,312,221	1,553,631	1,817,452
SBL Non Real Estate [Member]
Changes in allowance for loan and lease losses by loan category [Abstract]
Beginning balance	4,985	4,636	4,636
CECL adjustment	(220)
Charge-offs	(1,048)	(893)	(1,362)
Recoveries	60	100	125
Provision (credit)	949	1,306	1,586
Ending balance	4,726	5,149	4,985
Ending balance: Individually evaluated for expected credit loss	1,991	3,164	2,961
Ending balance: Collectively evaluated for expected credit loss	2,735	1,985	2,024
Loans [Abstract]
Loans: Ending Balance	293,692	75,475	84,579
Ending balance: Individually evaluated for impairment	3,345	4,290	4,139
Ending balance: Collectively evaluated for impairment	290,347	71,185	80,440
SBL Commercial Mortgage [Member]
Changes in allowance for loan and lease losses by loan category [Abstract]
Beginning balance	1,472	941	941
CECL adjustment	537
Provision (credit)	605	274	531
Ending balance	2,614	1,215	1,472
Ending balance: Individually evaluated for expected credit loss	136	71	136
Ending balance: Collectively evaluated for expected credit loss	2,478	1,144	1,336
Loans [Abstract]
Loans: Ending Balance	259,020	189,427	218,110
Ending balance: Individually evaluated for impairment	3,007	458	1,047
Ending balance: Collectively evaluated for impairment	256,013	188,969	217,063
SBL Construction [Member]
Changes in allowance for loan and lease losses by loan category [Abstract]
Beginning balance	432	250	250
CECL adjustment	139
Provision (credit)	(58)	39	182
Ending balance	513	289	432
Ending balance: Individually evaluated for expected credit loss	26		36
Ending balance: Collectively evaluated for expected credit loss	487	289	396
Loans [Abstract]
Loans: Ending Balance	33,193	29,298	45,310
Ending balance: Individually evaluated for impairment	711	710	711
Ending balance: Collectively evaluated for impairment	32,482	28,588	44,599
Direct Lease Financing [Member]
Changes in allowance for loan and lease losses by loan category [Abstract]
Beginning balance	2,426	2,025	2,025
CECL adjustment	2,362
Charge-offs	(1,552)	(185)	(528)
Recoveries	84	16	51
Provision (credit)	2,488	735	878
Ending balance	5,808	2,591	2,426
Ending balance: Individually evaluated for expected credit loss	536	145
Ending balance: Collectively evaluated for expected credit loss	5,272	2,446	2,426
Loans [Abstract]
Loans: Ending Balance	422,505	407,907	434,460
Ending balance: Individually evaluated for impairment	2,879	636	286
Ending balance: Collectively evaluated for impairment	419,626	407,271	434,174
SBLOC/IBLOC [Member]
Changes in allowance for loan and lease losses by loan category [Abstract]
Beginning balance	553	393	393
CECL adjustment	(41)
Provision (credit)	131	51	160
Ending balance	643	444	553
Ending balance: Collectively evaluated for expected credit loss	643	444	553
Loans [Abstract]
Loans: Ending Balance	1,287,350	837,672	1,024,420
Ending balance: Collectively evaluated for impairment	1,287,350	837,672	1,024,420
Advisor Financing [Member]
Changes in allowance for loan and lease losses by loan category [Abstract]
Beginning balance
CECL adjustment
Charge-offs
Recoveries
Provision (credit)	116
Ending balance	116
Ending balance: Individually evaluated for expected credit loss
Ending balance: Collectively evaluated for expected credit loss	116
Loans [Abstract]
Loans: Ending Balance	15,529
Ending balance: Individually evaluated for impairment
Ending balance: Collectively evaluated for impairment	15,529
Other Specialty Lending [Member]
Changes in allowance for loan and lease losses by loan category [Abstract]
Beginning balance	12	60	60
CECL adjustment	158
Provision (credit)	(17)	(47)	(48)
Ending balance	153	13	12
Ending balance: Collectively evaluated for expected credit loss	153	13	12
Loans [Abstract]
Loans: Ending Balance	2,706	3,432	3,055
Ending balance: Collectively evaluated for impairment	2,706	3,432	3,055
Consumer [Member]
Changes in allowance for loan and lease losses by loan category [Abstract]
Beginning balance	40	108	108
CECL adjustment	20
Charge-offs		(2)	(1,103)
Recoveries			2
Provision (credit)	(8)	(32)	1,033
Ending balance	52	74	40
Ending balance: Individually evaluated for expected credit loss		15	9
Ending balance: Collectively evaluated for expected credit loss	52	59	31
Loans [Abstract]
Loans: Ending Balance	4,003	7,898	4,554
Ending balance: Individually evaluated for impairment	574	1,726	610
Ending balance: Collectively evaluated for impairment	3,429	6,172	3,944
Unallocated [Member]
Changes in allowance for loan and lease losses by loan category [Abstract]
Beginning balance	318	240	240
CECL adjustment	(318)
Provision (credit)		(26)	78
Ending balance		214	318
Ending balance: Collectively evaluated for expected credit loss		214	318
Loans [Abstract]
Loans: Ending Balance	4,739	10,342	9,757
Ending balance: Collectively evaluated for impairment	$ 4,739	$ 10,342	$ 9,757

Loans (Delinquent Loans By Loan

Loans (Delinquent Loans By Loan Category) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019	Jun. 30, 2019
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-accrual	$ 9,957	$ 5,796
Total past due	20,612	16,269
Current	2,302,125	1,807,976
Total loans, net of unamortized loan fees and costs	2,322,737	1,824,245	$ 1,561,451
30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	6,655	2,334
60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	3,648	4,875
90+ Days Still Accruing [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	352	3,264
SBL Non Real Estate [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-accrual	3,047	3,693
Total past due	7,519	3,854
Current	286,173	80,725
Total loans, net of unamortized loan fees and costs	293,692	84,579	75,475
SBL Non Real Estate [Member] \| 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	2,376	36
SBL Non Real Estate [Member] \| 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	1,749	125
SBL Non Real Estate [Member] \| 90+ Days Still Accruing [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	347
SBL Commercial Mortgage [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-accrual	3,007	1,047
Total past due	6,956	3,030
Current	252,064	215,080
Total loans, net of unamortized loan fees and costs	259,020	218,110	189,427
SBL Commercial Mortgage [Member] \| 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	3,638
SBL Commercial Mortgage [Member] \| 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	311	1,983
SBL Construction [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-accrual	711	711
Total past due	711	711
Current	32,482	44,599
Total loans, net of unamortized loan fees and costs	33,193	45,310	29,298
Direct Lease Financing [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-accrual	2,879
Total past due	3,952	7,964
Current	418,553	426,496
Total loans, net of unamortized loan fees and costs	422,505	434,460	407,907
Direct Lease Financing [Member] \| 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	534	2,008
Direct Lease Financing [Member] \| 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	534	2,692
Direct Lease Financing [Member] \| 90+ Days Still Accruing [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	5	3,264
SBLOC/IBLOC [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	1,161	365
Current	1,286,189	1,024,055
Total loans, net of unamortized loan fees and costs	1,287,350	1,024,420	837,672
SBLOC/IBLOC [Member] \| 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	107	290
SBLOC/IBLOC [Member] \| 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	1,054	75
Advisor Financing [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	15,529
Total loans, net of unamortized loan fees and costs	15,529
Other Specialty Lending [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	2,706	3,055
Total loans, net of unamortized loan fees and costs	2,706	3,055	$ 3,432
Consumer - other [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-accrual	313	345
Current	761	1,137
Total loans, net of unamortized loan fees and costs	761	1,137
Consumer - Home Equity [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-accrual	313	345
Total past due	313	345
Current	2,929	3,072
Total loans, net of unamortized loan fees and costs	3,242	3,417
Unamortized Loan Fees And Costs [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	4,739	9,757
Total loans, net of unamortized loan fees and costs	$ 4,739	$ 9,757

Loans (Loans By Categories) (De

Loans (Loans By Categories) (Details) - USD ($) $ in Thousands		Jun. 30, 2020	Dec. 31, 2019	Jun. 30, 2019
Loans by categories [Abstract]
Total loans		$ 2,322,737	$ 1,824,245	$ 1,561,451
SBL Non Real Estate [Member]
Loans by categories [Abstract]
Total loans		293,692	84,579	75,475
SBL Commercial Mortgage [Member]
Loans by categories [Abstract]
Total loans		259,020	218,110	189,427
SBL Construction [Member]
Loans by categories [Abstract]
Total loans		33,193	45,310	29,298
Direct Lease Financing [Member]
Loans by categories [Abstract]
Total loans		422,505	434,460	407,907
SBLOC/IBLOC [Member]
Loans by categories [Abstract]
Total loans		1,287,350	1,024,420	837,672
Other Specialty Lending [Member]
Loans by categories [Abstract]
Total loans		2,706	3,055	$ 3,432
Consumer Loan [Member]
Loans by categories [Abstract]
Total loans			4,554
Unamortized Loan Fees And Costs [Member]
Loans by categories [Abstract]
Total loans		$ 4,739	9,757
Pass [Member]
Loans by categories [Abstract]
Total loans			1,698,263
Pass [Member] \| SBL Non Real Estate [Member]
Loans by categories [Abstract]
Total loans			76,108
Pass [Member] \| SBL Commercial Mortgage [Member]
Loans by categories [Abstract]
Total loans			208,809
Pass [Member] \| SBL Construction [Member]
Loans by categories [Abstract]
Total loans			44,599
Pass [Member] \| Direct Lease Financing [Member]
Loans by categories [Abstract]
Total loans			420,289
Pass [Member] \| SBLOC/IBLOC [Member]
Loans by categories [Abstract]
Total loans			942,858
Pass [Member] \| Other Specialty Lending [Member]
Loans by categories [Abstract]
Total loans			3,055
Pass [Member] \| Consumer Loan [Member]
Loans by categories [Abstract]
Total loans			2,545
Special Mention [Member]
Loans by categories [Abstract]
Total loans			5,294
Special Mention [Member] \| SBL Non Real Estate [Member]
Loans by categories [Abstract]
Total loans			3,045
Special Mention [Member] \| SBL Commercial Mortgage [Member]
Loans by categories [Abstract]
Total loans			2,249
Substandard [Member]
Loans by categories [Abstract]
Total loans			19,855
Substandard [Member] \| SBL Non Real Estate [Member]
Loans by categories [Abstract]
Total loans			4,430
Substandard [Member] \| SBL Commercial Mortgage [Member]
Loans by categories [Abstract]
Total loans			5,577
Substandard [Member] \| SBL Construction [Member]
Loans by categories [Abstract]
Total loans			711
Substandard [Member] \| Direct Lease Financing [Member]
Loans by categories [Abstract]
Total loans			8,792
Substandard [Member] \| Consumer Loan [Member]
Loans by categories [Abstract]
Total loans			345
Unrated Not Subject To Review [Member]
Loans by categories [Abstract]
Total loans	[1]		100,833
Unrated Not Subject To Review [Member] \| SBL Non Real Estate [Member]
Loans by categories [Abstract]
Total loans	[1]		996
Unrated Not Subject To Review [Member] \| SBL Commercial Mortgage [Member]
Loans by categories [Abstract]
Total loans	[1]		1,475
Unrated Not Subject To Review [Member] \| Direct Lease Financing [Member]
Loans by categories [Abstract]
Total loans	[1]		5,379
Unrated Not Subject To Review [Member] \| SBLOC/IBLOC [Member]
Loans by categories [Abstract]
Total loans	[1]		81,562
Unrated Not Subject To Review [Member] \| Consumer Loan [Member]
Loans by categories [Abstract]
Total loans	[1]		1,664
Unrated Not Subject To Review [Member] \| Unamortized Loan Fees And Costs [Member]
Loans by categories [Abstract]
Total loans	[1]		$ 9,757

[1]	For information on targeted loan review thresholds see “Allowance for Loan Losses” in the 2019 Form 10-K Report in the loans footnote and in this Form 10-Q in the Management’s Discussion and Analysis of Financial Condition and Results of Operations.

Transactions With Affiliates (D

Transactions With Affiliates (Details) - USD ($)	3 Months Ended		6 Months Ended
Transactions With Affiliates (Details) - USD ($)	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Related Party Transaction [Line Items]
Deposits	$ 5,545,199,000		$ 5,545,199,000		$ 5,052,030,000
Legal expense	2,229,000	$ 1,534,000	3,142,000	$ 2,858,000
Affiliated Entity [Member]
Related Party Transaction [Line Items]
Deposits	0		0		0
Directors, Executive Officers, Principal Stockholders and Affiliates [Member]
Related Party Transaction [Line Items]
Due from related parties	2,300,000		2,300,000		2,300,000
J.V.B Financial Group LLC [Member]
Related Party Transaction [Line Items]
Amount of purchases from affiliates			0	755,000
Securities under agreements to resell, outstanding amount	$ 0		0		$ 0
Duane Morris LLP [Member]
Related Party Transaction [Line Items]
Legal expense			$ 734,000	$ 692,000

Fair Value Measurements (Narrat

Fair Value Measurements (Narrative) (Details)		3 Months Ended		6 Months Ended	12 Months Ended
Fair Value Measurements (Narrative) (Details)		Jun. 30, 2020USD ($)loan	Jun. 30, 2019USD ($)	Jun. 30, 2020USD ($)loan	Dec. 31, 2019USD ($)	Dec. 31, 2014USD ($)loan
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair Value, Assets, Level 1 to Level 2 Transfers, Amount		$ 0	$ 0	$ 0
Fair Value, Assets, Level 2 to Level 1 Transfers, Amount		0	0	0
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers, Net		0	$ 0
Cash and cash equivalents		480,700,000		480,700,000	$ 944,500,000
Collateral dependent loans		10,500,000		10,500,000
Specific reserves and other write downs on impaired loans		$ 2,700,000		$ 2,700,000
Number of troubled debt restructured loans \| loan		11		11
Troubled debt restructured loans balance				$ 1,696,000	2,084,000
Troubled debt restructured loans, specific reserve		$ 510,000		510,000
Other real estate owned		0		0	0
Walnut Street [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Loans, face value						$ 267,600,000
Proceeds from Sale of Loans Receivable						209,600,000
Notes Payable						$ 193,600,000
Number of notes \| loan						2
Walnut Street [Member] \| Senior Notes [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior Notes						$ 178,200,000
Debt Instrument, Interest Rate, Stated Percentage						1.50%
Walnut Street [Member] \| Junior Subordinated Debt [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Junior Subordinated Notes						$ 15,400,000
Debt Instrument, Interest Rate, Stated Percentage						10.00%
Fair Value, Measurements, Nonrecurring [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Collateral dependent loans	[1]	$ 7,828,000		$ 7,828,000	$ 3,651,000

[1]	The method of valuation approach for the collateral dependent loans was the market value approach based upon appraisals of the underlying collateral by external appraisers, reduced by 7 % to 10 % for estimated selling costs. Intangible assets are valued based upon internal analyses.

Fair Value Measurements (Carryi

Fair Value Measurements (Carrying Amount And Estimated Fair Value Of Assets And Liabilities) (Details) - USD ($) $ in Thousands		Jun. 30, 2020	Dec. 31, 2019
Carrying amount and estimated fair value of assets and liabilities [Abstract]
Investment securities available-for-sale		$ 1,324,447	$ 1,320,692
Investment securities, held-to-maturity			84,387
Commercial loans held-for-sale		1,810
Quoted Prices In Active Markets For Identical Assets (Level 1) [Member]
Carrying amount and estimated fair value of assets and liabilities [Abstract]
Securities sold under agreements to repurchase		42	82
Significant Other Observable Inputs (Level 2) [Member]
Carrying amount and estimated fair value of assets and liabilities [Abstract]
Investment securities available-for-sale		1,133,892	1,203,359
Investment securities, held-to-maturity			75,850
Interest rate swaps, liability		2,593	232
Demand and interest checking		5,089,741	4,402,740
Savings and money market		455,458	174,290
Significant Unobservable Inputs (Level 3) [Member]
Carrying amount and estimated fair value of assets and liabilities [Abstract]
Investment securities available-for-sale		190,555	117,333
Investment securities, held-to-maturity			7,152
Federal Home Loan and Atlantic Central Bankers Bank stock		1,368	5,342
Commercial loans held-for-sale		1,807,630	1,180,546
Loans, net of deferred loan fees and costs		2,320,425	1,826,154
Investment in unconsolidated entity		34,064	39,154
Assets held-for-sale from discontinued operations	[1]	128,463	140,657
Time deposits			475,000
Subordinated debentures		8,282	9,736
Carrying Amount [Member]
Carrying amount and estimated fair value of assets and liabilities [Abstract]
Investment securities available-for-sale		1,324,447	1,320,692
Investment securities, held-to-maturity			84,387
Federal Home Loan and Atlantic Central Bankers Bank stock		1,368	5,342
Commercial loans held-for-sale		1,807,630	1,180,546
Loans, net of deferred loan fees and costs		2,322,737	1,824,245
Investment in unconsolidated entity		34,064	39,154
Assets held-for-sale from discontinued operations		128,463	140,657
Interest rate swaps, liability		2,593	232
Demand and interest checking		5,089,741	4,402,740
Savings and money market		455,458	174,290
Time deposits			475,000
Subordinated debentures		13,401	13,401
Securities sold under agreements to repurchase		42	82
Estimated Fair Value [Member]
Carrying amount and estimated fair value of assets and liabilities [Abstract]
Investment securities available-for-sale		1,324,447	1,320,692
Investment securities, held-to-maturity			83,002
Federal Home Loan and Atlantic Central Bankers Bank stock		1,368	5,342
Commercial loans held-for-sale		1,807,630	1,180,546
Loans, net of deferred loan fees and costs		2,320,425	1,826,154
Investment in unconsolidated entity		34,064	39,154
Assets held-for-sale from discontinued operations		128,463	140,657
Interest rate swaps, liability		2,593	232
Demand and interest checking		5,089,741	4,402,740
Savings and money market		455,458	174,290
Time deposits			475,000
Subordinated debentures		8,282	9,736
Securities sold under agreements to repurchase		$ 42	$ 82

[1]	Assets held-for-sale from discontinued operations are valued using discounted cash flow by an independent valuation consultant using loan performance, other credit characteristics and market interest rate comparisons. Changes in those factors could change the valuation.

Fair Value Measurements (Assets

Fair Value Measurements (Assets Measured At Fair Value On A Recurring And Nonrecurring Basis) (Details) - USD ($) $ in Thousands		6 Months Ended
		Jun. 30, 2020	Dec. 31, 2019
Assets measured at fair value on a recurring basis [Abstract]
Fair value		$ 1,324,447	$ 1,320,692
Commercial loans held-for-sale		1,810
Assets measured on a nonrecurring basis [Abstract]
Collateral dependent loans		10,500
Fair Value, Measurements, Recurring [Member]
Assets measured at fair value on a recurring basis [Abstract]
U.S. Government agency securities		50,400	52,910
Asset-backed securities		235,197	244,349
Obligation of states and political subdivisions		61,350	65,568
Residential mortgage-backed securities		312,149	336,596
Collateralized mortgage obligation securities		190,411	222,727
Commercial mortgage-backed securities		393,107	398,542
Corporate debt securities		81,833
Fair value		1,324,447	1,320,692
Commercial loans held-for-sale		1,807,630	1,180,546
Investment in unconsolidated entity		34,064	39,154
Assets held-for-sale from discontinued operations		128,463	140,657
Interest rate swaps, liability		2,593	232
Total assets		3,292,011	2,680,817
Fair Value, Measurements, Nonrecurring [Member]
Assets measured on a nonrecurring basis [Abstract]
Collateral dependent loans	[1]	7,828	3,651
Intangible assets			2,315
Assets nonrecurring			5,966
Significant Other Observable Inputs (Level 2) [Member]
Assets measured at fair value on a recurring basis [Abstract]
Fair value		1,133,892	1,203,359
Interest rate swaps, liability		2,593	232
Significant Other Observable Inputs (Level 2) [Member] \| Fair Value, Measurements, Recurring [Member]
Assets measured at fair value on a recurring basis [Abstract]
U.S. Government agency securities		50,400	52,910
Asset-backed securities		235,197	244,349
Obligation of states and political subdivisions		61,350	65,568
Residential mortgage-backed securities		312,149	336,596
Collateralized mortgage obligation securities		190,411	222,727
Commercial mortgage-backed securities		284,385	281,209
Fair value		1,133,892	1,203,359
Interest rate swaps, liability		2,593	232
Total assets		1,131,299	1,203,127
Significant Unobservable Inputs (Level 3) [Member]
Assets measured at fair value on a recurring basis [Abstract]
Corporate debt securities	[2]	75,669
Fair value		190,555	117,333
Commercial loans held-for-sale		1,807,630	1,180,546
Investment in unconsolidated entity		34,064	39,154
Assets held-for-sale from discontinued operations	[3]	128,463	140,657
Significant Unobservable Inputs (Level 3) [Member] \| Fair Value, Measurements, Recurring [Member]
Assets measured at fair value on a recurring basis [Abstract]
Commercial mortgage-backed securities		108,722	117,333
Corporate debt securities		81,833
Fair value		190,555	117,333
Commercial loans held-for-sale		1,807,630	1,180,546
Investment in unconsolidated entity		34,064	39,154
Assets held-for-sale from discontinued operations		128,463	140,657
Total assets		2,160,712	1,477,690
Significant Unobservable Inputs (Level 3) [Member] \| Fair Value, Measurements, Nonrecurring [Member]
Assets measured on a nonrecurring basis [Abstract]
Collateral dependent loans	[1]	$ 7,828	3,651
Intangible assets			2,315
Assets nonrecurring			$ 5,966
Minimum [Member]
Assets measured on a nonrecurring basis [Abstract]
Estimated Selling Costs		7.00%
Maximum [Member]
Assets measured on a nonrecurring basis [Abstract]
Estimated Selling Costs		10.00%

[1]	The method of valuation approach for the collateral dependent loans was the market value approach based upon appraisals of the underlying collateral by external appraisers, reduced by 7 % to 10 % for estimated selling costs. Intangible assets are valued based upon internal analyses.
[2]	Corporate debt securities consist of three AAA rated privately placed debt structures backed by investment grade corporate debt each with over 50 % credit enhancement. Each of these securities has a coupon of 3 Month LIBOR + 3.00 %. Price indications are obtained from a broker/dealer with significant experience in trading and evaluating these securities. Changes in either investor yield requirements for relatively illiquid securities, or credit risk could affect the price indications.
[3]	Assets held-for-sale from discontinued operations are valued using discounted cash flow by an independent valuation consultant using loan performance, other credit characteristics and market interest rate comparisons. Changes in those factors could change the valuation.

Fair Value Measurements (Change

Fair Value Measurements (Changes In Company's Level 3 Assets) (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2020	Dec. 31, 2019
Assets Held-For-Sale [Member]
Changes in Company's Level 3 assets [Roll Forward]
Beginning balance	$ 140,657	$ 197,831
Total gains or (losses) (realized/unrealized) Included in earnings	(819)	(487)
Purchases, issuances, sales, settlements and charge-ofs
Issuances	592	2,125
Sales	(1,252)	(7,136)
Settlements	(10,597)	(49,021)
Charge-offs	(118)	(2,655)
Ending balance	128,463	140,657
Total gains or (losses) year to date included in earnings attributable to the change in unrealized gains or losses relating to assets still held at the reporting date as shown above	(819)	(487)
Investment In Unconsolidated Entity [Member]
Changes in Company's Level 3 assets [Roll Forward]
Beginning balance	39,154	59,273
Total gains or (losses) (realized/unrealized) Included in earnings	(45)
Purchases, issuances, sales, settlements and charge-ofs
Settlements	(5,045)	(20,119)
Ending balance	34,064	39,154
Total gains or (losses) year to date included in earnings attributable to the change in unrealized gains or losses relating to assets still held at the reporting date as shown above	(45)
Available For Sale Securities [Member]
Changes in Company's Level 3 assets [Roll Forward]
Beginning balance	117,333	24,390
Transfers into level 3		100,664
Reclass of held-for-maturity securities to available-for-sale	85,151
Total gains or (losses) (realized/unrealized) Included in other comprehensive gain (loss)	4,055	688
Purchases, issuances, sales, settlements and charge-ofs
Settlements	(15,984)	(8,409)
Ending balance	190,555	117,333
Commercial Loans Held for Sale [Member]
Changes in Company's Level 3 assets [Roll Forward]
Beginning balance	1,180,546	688,471
Total gains or (losses) (realized/unrealized) Included in earnings	(3,736)	25,986
Purchases, issuances, sales, settlements and charge-ofs
Issuances	634,860	1,795,376
Sales		(1,329,287)
Settlements	(4,040)
Ending balance	1,807,630	1,180,546
Total gains or (losses) year to date included in earnings attributable to the change in unrealized gains or losses relating to assets still held at the reporting date as shown above	$ (3,600)	$ 963

Fair Value Measurements (Fair V

Fair Value Measurements (Fair Value Inputs, Assets, Quantitative Information) (Details) $ in Thousands		6 Months Ended
		Jun. 30, 2020USD ($)itemsecurity	Dec. 31, 2019USD ($)item
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Commercial loans held for sale \| $		$ 1,810
Investment in unconsolidated entity \| $		34,064	$ 39,154
Paycheck Protection Program Loans [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Loans, net of deferred loan fees and costs \| $		$ 207,900
Loans, interest rate		1
Minimum [Member] \| Measurement Input, Discount Rate [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Loans, net of deferred loan fees and costs, measurement input			0.0311
Assets held-for-sale from discontinued operations, measurement input			0.0349
Maximum [Member] \| Measurement Input, Discount Rate [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Loans, net of deferred loan fees and costs, measurement input			0.0693
Assets held-for-sale from discontinued operations, measurement input			0.0758
Weighted Average [Member] \| Measurement Input, Default Rate [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investment in unconsolidated entity, measurement input		0.0100	0.0100
Weighted Average [Member] \| Measurement Input, Discount Rate [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Loans, net of deferred loan fees and costs, measurement input		0.0256
Investment in unconsolidated entity, measurement input		0.0587	0.0584
Assets held-for-sale from discontinued operations, measurement input		0.0432
Subordinated debentures, measurement input			0.0801
Weighted Average [Member] \| Measurement Input, Offered Price [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Commercial loans held for sale, measurement input		104.70
Commercial Mortgage-backed Securities [Member] \| Minimum [Member] \| Measurement Input, Discount Rate [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investment securities available-for-sale, measurement input		0.0316	0.0405
Commercial Mortgage-backed Securities [Member] \| Maximum [Member] \| Measurement Input, Discount Rate [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investment securities available-for-sale, measurement input		0.0816	0.0818
Commercial Mortgage-backed Securities [Member] \| Weighted Average [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investment securities available-for-sale, measurement input		0.0454
Insurance Liquidating Trust Preferred Security [Member] \| Weighted Average [Member] \| Measurement Input, Discount Rate [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investment securities available-for-sale, measurement input		0.0747	0.0801
Loans, Net Of Deferred Loan Fees And Costs [Member] \| Minimum [Member] \| Measurement Input, Discount Rate [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Loans, net of deferred loan fees and costs, measurement input		0.0100
Loans, Net Of Deferred Loan Fees And Costs [Member] \| Maximum [Member] \| Measurement Input, Discount Rate [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Loans, net of deferred loan fees and costs, measurement input		0.0655
Commercial - SBA [Member] \| Minimum [Member] \| Measurement Input, Offered Price [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Commercial loans held for sale, measurement input		100	101.6
Commercial - SBA [Member] \| Maximum [Member] \| Measurement Input, Offered Price [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Commercial loans held for sale, measurement input		111	107.9
Commercial - Fixed [Member] \| Minimum [Member] \| Measurement Input, Discount Rate [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Commercial loans held for sale, measurement input		0.0506	0.0433
Commercial - Fixed [Member] \| Maximum [Member] \| Measurement Input, Discount Rate [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Commercial loans held for sale, measurement input		0.0735	0.0713
Commercial - Fixed [Member] \| Weighted Average [Member] \| Measurement Input, Discount Rate [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Commercial loans held for sale, measurement input		0.0595
Commercial - Floating [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Expected Loss Rate		0.012%
Commercial - Floating [Member] \| Minimum [Member] \| Measurement Input, Discount Rate [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Commercial loans held for sale, measurement input		0.0300	0.0451
Commercial - Floating [Member] \| Maximum [Member] \| Measurement Input, Discount Rate [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Commercial loans held for sale, measurement input		0.0681	0.0681
Commercial - Floating [Member] \| Weighted Average [Member] \| Measurement Input, Discount Rate [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Commercial loans held for sale, measurement input		0.0480
Investment In Unconsolidated Entity [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Constant default rate on cash flowing loans percent		1.00%
Assets Held-For-Sale [Member] \| Minimum [Member] \| Measurement Input, Discount Rate [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Assets held-for-sale from discontinued operations, measurement input		0.0308
Assets Held-For-Sale [Member] \| Maximum [Member] \| Measurement Input, Discount Rate [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Assets held-for-sale from discontinued operations, measurement input		0.0763
Subordinated Debentures [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Number Of Debt Instruments		2
Subordinated Debentures [Member] \| London Interbank Offered Rate (LIBOR) [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt Instrument, Basis Spread on Variable Rate		3.25%
Subordinated Debentures [Member] \| Weighted Average [Member] \| Measurement Input, Discount Rate [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Subordinated debentures, measurement input		0.0747
Corporate Debt Securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Number Of AAA Rated Privately Placed Debt Structures \| security		3
Credit Enhancement Percent		50.00%
Corporate Debt Securities [Member] \| London Interbank Offered Rate (LIBOR) [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Securities, Basis Spread on Variable Rate		0.03%
Corporate Debt Securities [Member] \| Minimum [Member] \| Measurement Input, Price Indications [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investment securities available-for-sale, measurement input		100.80
Corporate Debt Securities [Member] \| Maximum [Member] \| Measurement Input, Price Indications [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investment securities available-for-sale, measurement input		100.13
Corporate Debt Securities [Member] \| Weighted Average [Member] \| Measurement Input, Price Indications [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investment securities available-for-sale, measurement input		100.90
Significant Unobservable Inputs (Level 3) [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Corporate Debt Securities Fair Value Disclosure \| $	[1]	$ 75,669
Federal Home Loan Bank And Atlantic Central Bankers Bank stock \| $		1,368	$ 5,342
Loans, net of deferred loan fees and costs \| $	[2]	2,320,425	1,826,154
Commercial loans held for sale \| $		1,807,630	1,180,546
Investment in unconsolidated entity \| $	[3]	34,064	39,154
Assets held for sale \| $	[4]	128,463	140,657
Subordinated debentures \| $	[5]		9,736
Significant Unobservable Inputs (Level 3) [Member] \| Commercial Mortgage-backed Securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investment securities available-for-sale \| $	[6]	108,722	117,333
Significant Unobservable Inputs (Level 3) [Member] \| Insurance Liquidating Trust Preferred Security [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investment securities available-for-sale \| $	[7]	6,164	7,152
Significant Unobservable Inputs (Level 3) [Member] \| Commercial - SBA [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Commercial loans held for sale \| $	[8]	225,401	220,358
Significant Unobservable Inputs (Level 3) [Member] \| Commercial - Fixed [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Commercial loans held for sale \| $	[9]	84,690	88,986
Significant Unobservable Inputs (Level 3) [Member] \| Commercial - Floating [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Commercial loans held for sale \| $	[10]	1,497,539	$ 871,202
Significant Unobservable Inputs (Level 3) [Member] \| Subordinated Debentures [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Subordinated debentures \| $	[5]	$ 8,282

[1]	Corporate debt securities consist of three AAA rated privately placed debt structures backed by investment grade corporate debt each with over 50 % credit enhancement. Each of these securities has a coupon of 3 Month LIBOR + 3.00 %. Price indications are obtained from a broker/dealer with significant experience in trading and evaluating these securities. Changes in either investor yield requirements for relatively illiquid securities, or credit risk could affect the price indications.
[2]	Loans, net of deferred fees and costs are valued using discounted cash flow analysis. Discount rates are based upon available information for estimated current origination rates for each loan type. Origination rates may fluctuate based upon changes in the risk free (Treasury) rate and credit experience for each loan type. At June 30, 2020, the balance included $ 207.9 million of Paycheck Protection Program loans, which bear interest at 1 % but also earn fees.
[3]	Investment in unconsolidated entity is in non-accrual status, and changes in its value, determined by discounted cash flows, are recorded in the income statement under “C hange in value of investment in unconsolidated entity”. A constant default rate of 1 %, net of recoveries, on cash flowing loans was utilized. Changes in market interest rates, credit quality or payment experience could result in a change in the current valuation.
[4]	Assets held-for-sale from discontinued operations are valued using discounted cash flow by an independent valuation consultant using loan performance, other credit characteristics and market interest rate comparisons. Changes in those factors could change the valuation.
[5]	Subordinated debentures are comprised of two subordinated notes issued by the Company, maturing in 2038 with a floating rate of 3-month LIBOR plus 3.25 %. These notes are valued using discounted cash flow analysis. The discount rate is based on the market rate for comparable relatively illiquid instruments. Changes in those market rates, or the credit of the company could result in changes in the valuation.
[6]	Commercial mortgage backed investment securities, consisting of Bank issued CRE securities, are valued using discounted cash flow analyses. The discount rates applied are based upon market observations for comparable securities and implicitly assume market averages for prepayments, defaults, and loss severities. Each of the securities has some credit enhancement, or protection from other tranches in the issue, which limit their valuation exposure to credit losses. Nonetheless, increases in expected default rates or loss severities on the loans underlying the issue could reduce their value. In market environments in which investors demand greater yield compensation for credit risk, the discount rate applied would ordinarily be higher and the valuation lower. Changes in prepayments and loss experience could also change the interest earned on these holdings in future periods and impact fair values.
[7]	Insurance liquidating trust preferred is a single debenture which is valued using discounted cash flow analysis. The discount rate used is based on the market rate on comparable relatively illiquid instruments and credit analysis. A change in the liquidating trust’s ability to repay the note, or an increase in interest rates, particularly for privately placed debentures, would affect the discount rate and thus the valuation. As a single security, the weighted average rate shown is the actual rate applied to the security.
[8]	Commercial-SBL (SBA Loans) are comprised of the government guaranteed portion of SBA insured loans. Their valuation is based upon dealer pricing indications. A limited number of broker/dealers originate the pooled securities for which the loans are purchased and as a result, prices can fluctuate based on such limited market demand, although the government guarantee has resulted in consistent historical demand. Valuations are also impacted by prepayment assumptions resulting from both voluntary payoffs and defaults.
[9]	Commercial-fixed are fixed rate commercial mortgages originated for sale. Discount rates used in applying discounted cash flow analysis are determined by an independent valuation consultant based upon loan terms, the general level of interest rates and the quality of the credit.
[10]	Commercial-floating are floating rate loans, the vast majority of which are secured by multi-family properties. These are bridge loans designed to provide owners time and funding for property improvements and are valued using discounted cash flow analysis. The discount rate for the vast majority of these loans, which are multi-family, was based upon current origination rates for similar loans and an updated expected loss rate of 1.2 %, representing a post-Coronavirus projection by a third-party analytics firm. Changes in loan performance which result in higher credit losses than this projection could result in changes in the discount rate and resulting valuation.

Derivatives (Narrative) (Detail

Derivatives (Narrative) (Details) $ in Thousands	6 Months Ended
Derivatives (Narrative) (Details) $ in Thousands	Jun. 30, 2020USD ($)agreement
Derivative [Line Items]
Notional Amount	$ 37,800
Receivable under agreements	2,600
Cash collateral	$ 2,800
Interest Rate Swap [Member]
Derivative [Line Items]
Number of interest rate swap agreements \| agreement	6
Fair value adjustment on derivatives, loss	$ 2,400

Derivatives (Derivatives) (Deta

Derivatives (Derivatives) (Details) $ in Thousands	6 Months Ended
Derivatives (Derivatives) (Details) $ in Thousands	Jun. 30, 2020USD ($)
Derivative [Line Items]
Notional Amount	$ 37,800
Fair Value	$ (2,593)
August 4, 2021 [Member]
Derivative [Line Items]
Maturity Date	Aug. 4, 2021
Notional Amount	$ 10,300
Interest rate paid (in hundredths)	1.12%
Interest rate received (in hundredths)	0.56%
Fair Value	$ (94)
December 23, 2025 [Member]
Derivative [Line Items]
Maturity Date	Dec. 23, 2025
Notional Amount	$ 6,800
Interest rate paid (in hundredths)	2.16%
Interest rate received (in hundredths)	0.31%
Fair Value	$ (667)
December 24, 2025 [Member]
Derivative [Line Items]
Maturity Date	Dec. 24, 2025
Notional Amount	$ 8,200
Interest rate paid (in hundredths)	2.17%
Interest rate received (in hundredths)	0.30%
Fair Value	$ (813)
January 28, 2026 [Member]
Derivative [Line Items]
Maturity Date	Jan. 28, 2026
Notional Amount	$ 3,000
Interest rate paid (in hundredths)	1.87%
Interest rate received (in hundredths)	0.89%
Fair Value	$ (250)
July 20, 2026 [Member]
Derivative [Line Items]
Maturity Date	Jul. 20, 2026
Notional Amount	$ 6,300
Interest rate paid (in hundredths)	1.44%
Interest rate received (in hundredths)	1.14%
Fair Value	$ (392)
December 12, 2026 [Member]
Derivative [Line Items]
Maturity Date	Dec. 12, 2026
Notional Amount	$ 3,200
Interest rate paid (in hundredths)	2.26%
Interest rate received (in hundredths)	0.32%
Fair Value	$ (377)

Other Identifiable Intangible_2

Other Identifiable Intangible Assets (Details) - USD ($)	Nov. 29, 2012	Jan. 31, 2020	May 31, 2016	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Finite-Lived Intangible Assets [Line Items]
Amortization of intangible assets				$ 147,000	$ 383,000	$ 294,000	$ 766,000
McMahon Leasing [Member]
Finite-Lived Intangible Assets [Line Items]
Acquisition purchase price		$ 4,600,000
Fair Value Of Leases Acquired, Premium		453,000
Excess consideration issued over book value		1,500,000
Finite-Lived Intangible Assets, Net		285,000
Finite-Lived Intangible Assets, Amortization Expense, Next Twelve Months		57,000
Finite-Lived Intangible Assets, Amortization Expense, Remainder of Fiscal Year		57,000
Finite-Lived Intangible Assets, Amortization Expense, Year Five		57,000
Finite-Lived Intangible Assets, Amortization Expense, Year Four		57,000
Finite-Lived Intangible Assets, Amortization Expense, Year Three		$ 57,000
Inventory Adjustments				100,000		100,000
Goodwill				105,000		105,000
Acquired Loans Outstanding, Eliminated From Transaction				4,000,000		4,000,000
Liabilities acquired				4,400,000		4,400,000
Internal Use Software [Member]
Finite-Lived Intangible Assets [Line Items]
Acquisition date	Nov. 29, 2012
Acquisition purchase price	$ 1,800,000
Finite-Lived Intangible Assets, Remaining Amortization Period	8 years
Amortization of intangible assets per year	$ 217,000
Amortization of intangible assets over five years	$ 63,000
Gross intangible assets				1,800,000		1,800,000
Accumulated amortization				1,700,000		1,700,000		$ 1,700,000
Customer List Intangibles [Member]
Finite-Lived Intangible Assets [Line Items]
Acquisition purchase price			$ 60,000,000
Finite-Lived Intangible Assets, Remaining Amortization Period			10 years
Amortization of intangible assets over five years						1,700,000
Gross intangible assets			$ 3,400,000	3,400,000		3,400,000		3,400,000
Accumulated amortization				1,400,000		1,400,000		$ 1,200,000
Amortization of intangible assets						340,000
Customer List Intangibles [Member] \| McMahon Leasing [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful life		12 years
Excess consideration issued over book value		$ 1,500,000
Gross intangible assets		689,000		689,000		689,000
Accumulated amortization				29,000		29,000
Lease Agreements [Member] \| McMahon Leasing [Member]
Finite-Lived Intangible Assets [Line Items]
Acquired finite-lived intangible assets		9,900,000
Automobile Inventory And Other Assets [Member] \| McMahon Leasing [Member]
Finite-Lived Intangible Assets [Line Items]
Acquired finite-lived intangible assets		$ 958,000
Trade Names [Member] \| McMahon Leasing [Member]
Finite-Lived Intangible Assets [Line Items]
Gross intangible assets				$ 135,000		$ 135,000

Recent Accounting Pronounceme_3

Recent Accounting Pronouncements (Narrative) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Mar. 31, 2020	Jan. 01, 2020	Dec. 31, 2019	Jun. 30, 2019	Jan. 01, 2019	Dec. 31, 2018
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Operating lease right-of-use						$ 16,400
Retained Earnings	$ 81,028			$ 50,742
Financing Receivable, Allowance for Credit Losses	14,625			10,238	$ 9,989		$ 8,653
Other liabilities	81,677			$ 65,962
Restatement Adjustments [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Accrued Rent						1,700
Operating Lease, Liability						$ 18,100
ASU 2016-13 [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Financing Receivable, Allowance for Credit Losses	$ 14,625		$ 12,874
ASU 2016-13 [Member] \| Restatement Adjustments [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Retained Earnings		$ (2,400)
Deferred Tax Assets, Gross		(834)
Financing Receivable, Allowance for Credit Losses		(2,600)
Other liabilities		(569)
Reserve On Unfunded Commitments		$ (569)

Recent Accounting Pronounceme_4

Recent Accounting Pronouncements (Scheduled Maturities of Direct Financing Leases) (Details) $ in Thousands	Jun. 30, 2020USD ($)
Recent Accounting Pronouncements [Abstract]
Remaining 2020	$ 69,120
2021	108,857
2022	75,490
2023	46,902
2024	21,846
2025 and thereafter	5,016
Total undiscounted cash flows	327,231
Residual value	140,925	[1]
Difference between undiscounted cash flows and discounted cash flows	(45,651)
Present value of lease payments recorded as lease receivables	422,505
Direct residual value not guaranteed	$ 30,337

[1]	Of the $ 140,925,000 , $ 30,337,000 is not guaranteed by the lessee.

Regulatory Matters (Narrative)

Regulatory Matters (Narrative) (Details)	6 Months Ended
Regulatory Matters (Narrative) (Details)	Jun. 30, 2020
Regulatory Matters [Abstract]
Percentage of net profits from preceding period for which dividend is paid to surplus fund (in hundredths)	50.00%
Percentage of capital stock (in hundredths)	50.00%
Percentage of net profits from preceding period for which dividend is paid to surplus fund thereafter (in hundredths)	25.00%
Percentage of capital stock thereafter (in hundredths)	100.00%

Legal (Details)

Legal (Details) $ in Millions	Apr. 29, 2020USD ($)
Cascade Funding, LP – Series 6 v. The Bancorp Bank [Member]
Loss Contingency, Damages Sought, Value	$ 12.5

Segment Financials (Narrative)

Segment Financials (Narrative) (Details)	6 Months Ended
Segment Financials (Narrative) (Details)	Jun. 30, 2020segment
Segment Financials [Abstract]
Continuing operation segments	4

Segment Financials (Schedule Of

Segment Financials (Schedule Of Segment Financials) (Details) - USD ($) $ in Thousands	3 Months Ended				6 Months Ended
	Jun. 30, 2020	Mar. 31, 2020	Jun. 30, 2019	Mar. 31, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Segment Reporting Information [Line Items]
Interest income	$ 51,899		$ 44,080		$ 103,365	$ 87,658
Interest expense	1,653		9,541		10,208	19,109
Net interest income	50,246		34,539		93,157	68,549
Provision for credit losses	922		600		4,501	2,300
Non-interest income	20,366		19,749		36,965	50,114
Non-interest expense	42,620		39,519		81,038	78,748
Income before income tax	27,070		14,169		44,583	37,615
Income tax expense	6,787		3,575		11,139	9,610
Net income from continuing operations	20,283		10,594		33,444	28,005
Income (Loss) from discontinued operations	(215)		756		(785)	1,275
Net income	20,068	$ 12,591	11,350	$ 17,930	32,659	29,280
Total assets	6,214,037				6,214,037		$ 5,656,963
Total liabilities	5,680,958				5,680,958		5,172,466
Specialty Finance [Member]
Segment Reporting Information [Line Items]
Interest income	41,552		29,890		80,846	60,363
Interest expense	219		366		559	734
Net interest income	41,333		29,524		80,287	59,629
Provision for credit losses	922		600		4,501	2,300
Non-interest income	(178)		1,297		(4,017)	13,075
Non-interest expense	17,590		16,047		34,506	31,405
Income before income tax	22,643		14,174		37,263	38,999
Net income from continuing operations	22,643		14,174		37,263	38,999
Net income	22,643		14,174		37,263	38,999
Total assets	4,174,108				4,174,108		3,008,304
Total liabilities	298,212				298,212		247,485
Payments [Member]
Segment Reporting Information [Line Items]
Interest allocation	10,347		14,190		22,519	27,295
Interest expense	1,081		8,327		6,147	16,711
Net interest income	9,266		5,863		16,372	10,584
Non-interest income	20,416		18,418		40,837	36,966
Non-interest expense	17,261		17,463		34,406	33,922
Income before income tax	12,421		6,818		22,803	13,628
Net income from continuing operations	12,421		6,818		22,803	13,628
Net income	12,421		6,818		22,803	13,628
Total assets	38,723				38,723		57,746
Total liabilities	4,919,940				4,919,940		4,030,921
Corporate [Member]
Segment Reporting Information [Line Items]
Interest income	10,347		14,190		22,519	27,295
Interest allocation	(10,347)		(14,190)		(22,519)	(27,295)
Interest expense	353		848		3,502	1,664
Net interest income	(353)		(848)		(3,502)	(1,664)
Non-interest income	128		34		145	73
Non-interest expense	7,769		6,009		12,126	13,421
Income before income tax	(7,994)		(6,823)		(15,483)	(15,012)
Income tax expense	6,787		3,575		11,139	9,610
Net income from continuing operations	(14,781)		(10,398)		(26,622)	(24,622)
Net income	(14,781)		(10,398)		(26,622)	(24,622)
Total assets	1,872,743				1,872,743		2,450,256
Total liabilities	462,806				462,806		894,060
Discontinued Operations [Member]
Segment Reporting Information [Line Items]
Income (Loss) from discontinued operations	(215)		756		(785)	1,275
Net income	(215)		$ 756		(785)	$ 1,275
Total assets	$ 128,463				$ 128,463		$ 140,657

Discontinued Operations (Narrat

Discontinued Operations (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 31, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019	Sep. 30, 2014
Discontinued Operations [Abstract]
Fair value adjustments	$ 819	$ 0	$ 819	$ 0
Disposal Group, Including Discontinued Operation, Loan Portfolio, Book Value						$ 1,100,000
Assets held-for-sale from discontinued operations			128,463		$ 140,657
Investment in unconsolidated entity			$ 34,064		$ 39,154

Discontinued Operations (Financ

Discontinued Operations (Financial Results Of The Commercial Lending Business Included In Net Income (Loss) From Discontinued Operations) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Discontinued Operations [Abstract]
Interest income	$ 1,094	$ 1,659	$ 2,368	$ 3,684
Interest expense
Net interest income	1,094	1,659	2,368	3,684
Non-interest income	1	10	14	24
Non-interest expense	1,369	750	3,431	1,984
Income (loss) before taxes	(274)	919	(1,049)	1,724
Income tax (benefit) expense	(59)	163	(264)	449
Net income (loss)	(215)	$ 756	(785)	$ 1,275
Loans, net	101,762		101,762		$ 115,879
Other real estate owned	26,701		26,701		24,778
Assets, Total	$ 128,463		$ 128,463		$ 140,657