The Bancorp, Inc. (TBBK) 10-Q 10 May 24 2024 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Mar. 31, 2024	Apr. 29, 2024
Document And Entity Information [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2024
Document Fiscal Period Focus	Q1
Document Transition Report	false
Entity File Number	000-51018
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	Large 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		51,764,683
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2024
Entity Central Index Key	0001295401

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Cash and cash equivalents
Cash and due from banks	$ 9,105	$ 4,820
Interest-earning deposits at Federal Reserve Bank	1,241,363	1,033,270
Total cash and cash equivalents	1,250,468	1,038,090
Investment securities, available-for-sale, at fair value, net of $10.0 million allowance for credit loss	718,247	747,534
Commercial loans, at fair value	282,998	332,766
Loans, net of deferred loan fees and costs	5,459,344	5,361,139
Allowance for credit losses	(28,741)	(27,378)
Loans, net	5,430,603	5,333,761
Stock in Federal Reserve, Federal Home Loan and Atlantic Central Bankers Banks	15,642	15,591
Premises and equipment, net	27,482	27,474
Accrued interest receivable	37,861	37,534
Intangible assets, net	1,552	1,651
Other real estate owned	19,559	16,949
Deferred tax asset, net	21,764	21,219
Other assets	109,680	133,126
Total assets	7,915,856	7,705,695
Deposits
Demand and interest checking	6,828,159	6,630,251
Savings and money market	62,597	50,659
Total deposits	6,890,756	6,680,910
Securities sold under agreements to repurchase		42
Senior debt	95,948	95,859
Subordinated debentures	13,401	13,401
Other long-term borrowings	38,407	38,561
Other liabilities	60,579	69,641
Total liabilities	7,099,091	6,898,414
SHAREHOLDERS' EQUITY
Common stock - authorized, 75,000,000 shares of $1.00 par value; 52,253,037 and 53,202,630 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively	52,253	53,203
Additional paid-in capital	166,335	212,431
Retained earnings	618,044	561,615
Accumulated other comprehensive loss	(19,867)	(19,968)
Total shareholders' equity	816,765	807,281
Total liabilities and shareholders' equity	$ 7,915,856	$ 7,705,695

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
SHAREHOLDERS' EQUITY
Investment securities, available-for-sale, at fair value, allowance for credit loss	$ 10,000	$ 10,000
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)	52,253,037	53,202,630
Common stock, outstanding	52,253,037	53,202,630

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Interest income
Loans, including fees	$ 114,252	$ 106,259
Investment securities:
Taxable interest	9,634	9,300
Tax-exempt interest	39	32
Interest-earning deposits	11,884	6,585
Total interest income	135,809	122,176
Interest expense
Deposits	39,161	34,460
Short-term borrowings	19	234
Long-term borrowings	686	126
Senior debt	1,233	1,279
Subordinated debentures	292	261
Total interest expense	41,391	36,360
Net interest income	94,418	85,816
Provision for credit losses on loans	2,169	1,903
Net interest income after provision for credit losses	92,249	83,913
Non-interest income
Net realized and unrealized gains on commercial loans, at fair value	1,096	1,725
Leasing related income	388	1,490
Other	648	280
Total non-interest income	29,382	28,989
Non-interest expense
Salaries and employee benefits	30,280	29,785
Depreciation and amortization	949	721
Rent and related occupancy cost	1,640	1,394
Data processing expense	1,421	1,321
Printing and supplies	103	145
Audit expense	359	392
Legal expense	821	958
Amortization of intangible assets	99	99
FDIC insurance	845	955
Software	4,489	4,237
Insurance	1,338	1,306
Telecom and IT network communications	271	376
Consulting	578	322
Write-downs and other losses on other real estate owned		1,019
Other	3,519	5,000
Total non-interest expense	46,712	48,030
Income before income taxes	74,919	64,872
Income tax expense	18,490	15,750
Net income	$ 56,429	$ 49,122
Net income per share - basic	$ 1.07	$ 0.89
Net income per share - diluted	$ 1.06	$ 0.88
Weighted average shares - basic	52,747,140	55,452,815
Weighted average shares - diluted	53,326,588	56,048,142
ACH, Card And Other Payment Processing Fees [Member]
Non-interest income
Fees	$ 2,964	$ 2,171
Prepaid, Debit Card And Related Fees [Member]
Non-interest income
Fees	$ 24,286	$ 23,323

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME [Abstract]
Net income	$ 56,429	$ 49,122
Securities available-for-sale:
Change in net unrealized gains	126	5,229
Reclassification adjustments for losses included in income	2	4
Other comprehensive income	128	5,233
Securities available-for-sale:
Change in net unrealized gains	27	1,412
Reclassification adjustments for losses included in income		1
Income tax expense related to items of other comprehensive income	27	1,413
Other comprehensive income, net of tax and reclassifications into net income	101	3,820
Comprehensive income	$ 56,530	$ 52,942

CONSOLIDATED STATEMENT OF CHANG

CONSOLIDATED STATEMENT OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive (Loss) Income [Member]	Total
Balance at Dec. 31, 2022	$ 55,690	$ 299,279	$ 369,319	$ (30,257)	$ 694,031
Balance, shares at Dec. 31, 2022	55,689,627
Net income			49,122		49,122
Common stock issued from option exercises, net of tax benefits	$ 13	92			105
Common stock issued from option exercises, net of tax benefits, shares	13,158
Common stock issued from restricted units, net of tax benefits	$ 405	(405)
Common stock issued from restricted units, net of tax benefits, shares	405,286
Stock-based compensation		3,169			3,169
Common stock repurchases and excise tax	$ (778)	(24,321)			(25,099)
Common stock repurchases and excise tax, shares	(778,442)
Other comprehensive income net of reclassification adjustments and tax				3,820	3,820
Balance at Mar. 31, 2023	$ 55,330	277,814	418,441	(26,437)	725,148
Balance (in shares) at Mar. 31, 2023	55,329,629
Balance at Dec. 31, 2023	$ 53,203	212,431	561,615	(19,968)	$ 807,281
Balance, shares at Dec. 31, 2023	53,202,630				53,202,630
Net income			56,429		$ 56,429
Common stock issued from restricted units, net of tax benefits	$ 312	(312)
Common stock issued from restricted units, net of tax benefits, shares	312,619
Stock-based compensation		3,317			3,317
Common stock repurchases and excise tax	$ (1,262)	(49,101)			$ (50,363)
Common stock repurchases and excise tax, shares	(1,262,212)				(1,262,212)
Other comprehensive income net of reclassification adjustments and tax				101	$ 101
Balance at Mar. 31, 2024	$ 52,253	$ 166,335	$ 618,044	$ (19,867)	$ 816,765
Balance (in shares) at Mar. 31, 2024	52,253,037				52,253,037

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Operating activities
Net income	$ 56,429	$ 49,122
Adjustments to reconcile net income to net cash provided by operating activities
Depreciation and amortization	1,048	820
Provision for credit losses on loans and security	2,169	1,903
Net amortization of investment securities discounts/premiums	318	309
Stock-based compensation expense	3,317	3,169
Realized gains on commercial loans, at fair value	(1,069)	(2,407)
Write-down of other real estate owned		830
Change in fair value of commercial loans, at fair value		603
Change in fair value of derivatives	(27)	79
Loss on sales of investment securities	2	4
Increase in accrued interest receivable	(1,496)	(1,724)
Decrease (increase) in other assets	24,173	(7,835)
Decrease in other liabilities	(9,634)	(1,738)
Net cash provided by operating activities	75,230	43,135
Investing activities
Purchase of investment securities available-for-sale	(7,340)	(39,788)
Proceeds from redemptions and prepayments of securities available-for-sale	36,524	23,387
Sale of repossessed assets	2,388	1,527
Net (increase) decrease in loans	(101,062)	128,036
Commercial loans, at fair value drawn during the period		(35,962)
Payments on commercial loans, at fair value	48,801	132,782
Purchases of premises and equipment	(1,604)	(3,674)
Net cash (used in) provided by investing activities	(22,293)	206,308
Financing activities
Net increase (decrease) in deposits	209,846	(325,456)
Net decrease in securities sold under agreements to repurchase	(42)
Proceeds from the issuance of common stock		105
Repurchases of common stock and excise tax	(50,363)	(25,099)
Net cash provided by (used in) financing activities	159,441	(350,450)
Net increase (decrease) in cash and cash equivalents	212,378	(101,007)
Cash and cash equivalents, beginning of period	1,038,090	888,189
Cash and cash equivalents, end of period	1,250,468	787,182
Supplemental disclosure:
Interest paid	42,339	38,248
Taxes paid	1,096	1,944
Non-cash investing and financing activities
Transfer of real estate owned from commercial loans, at fair value, and loans, net	2,610	737
Leased vehicles transferred to repossessed assets	$ 1,970	$ 4,022

Organization And Nature Of Oper

Organization And Nature Of Operations	3 Months Ended
	Mar. 31, 2024
Organization And Nature Of Operations [Abstract]
Organization And Nature Of Operations	Note 1. Organization and Nature of Operations The Bancorp, Inc. (“the Company”) is a Delaware corporation and a registered financial holding company. Its primary, wholly-owned subsidiary is The Bancorp Bank, National Association (“the Bank”). The Bank is a nationally chartered commercial bank located in Sioux Falls, South Dakota and is a Federal Deposit Insurance Corporation (“FDIC”) insured institution. As a nationally chartered institution, its primary regulator is the Office of the Comptroller of the Currency (“OCC”). The Bank has two primary lines of business consisting of its national specialty finance segment and its payments segment. In the national specialty finance segment, the Bank makes the following types of loans: securities-backed lines of credit (“SBLOC”), cash value of insurance-backed lines of credit (“IBLOC”) and investment advisor financing; leases (direct lease financing); small business loans (“SBLs”), consisting primarily of Small Business Administration (“SBA”) loans; and non-SBA commercial real estate bridge loans (“REBL”). While the national specialty finance segment generates the majority of the Company’s revenues, the payments segment also contributes significant revenues. In its payments segment, the Company provides payment and deposit services nationally, which include prepaid and debit card accounts, affinity group banking, deposit accounts to investment advisors’ customers, card payments and other payment processing services. Payments segment deposits fund the majority of the Company’s loans and securities and may produce lower costs than other funding sources. Most of the payments segment’s revenues and deposits, and SBLOC and IBLOC loans, result from relationships with third parties which market such products. Concentrations of loans and deposits are based upon the cumulative account balances generated by those third parties. Similar concentrations result in revenues in prepaid, debit card and related fees. These concentrations may also be reflected in a lower cost of funds compared to other funding sources. The Company sweeps certain deposits off its balance sheet to other institutions through intermediaries. Such sweeps are utilized to optimize diversity within its funding structure by managing the percentage of individual client deposits to total deposits. 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 are affected by state and federal legislation and regulations.

Significant Accounting Policies

Significant Accounting Policies	3 Months Ended
	Mar. 31, 2024
Significant Accounting Policies [Abstract]
Significant Accounting Policies	Note 2. Significant Accounting Policies Basis of Presentation The financial statements of the Company, as of March 31, 2024 and for the three-month periods ended March 31, 2024 and 2023, 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 (“U.S. GAAP”) have been condensed or omitted in this Quarterly Report on Form 10-Q pursuant to the rules and regulations of the Securities and Exchange Commission (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, 2023 (the “2023 Form 10-K”). The results of operations for the three-month period ended March 31, 2024 may not necessarily be indicative of the results of operations for the full year ending December 31, 2024. There have been no significant changes as of March 31, 2024 from the Company’s significant accounting policies as described in the 2023 Form 10-K.

Stock-Based Compensation

Stock-Based Compensation	3 Months Ended
	Mar. 31, 2024
Stock-Based Compensation [Abstract]
Stock-Based Compensation	Note 3. Stock-based Compensation The Company recognizes compensation expense for stock options and restricted stock units (“RSU”) in accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification 718 Stock Compensation (“ASC 718”) . The fair value of the option or RSU is generally measured at fair value at the grant date with compensation expense recognized over the service period, which is typically the stated vesting period. For option grants subject to a service condition, the Company utilizes the Black-Scholes option-pricing model to estimate the fair value of such options 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 March 31, 2024, the Company had two active stock-based compensation plans. During the three months ended March 31, 2024, the Company granted 45,616 stock options with a vesting period of four years and a weighted average grant-date fair value of $ 21.92 . During the three months ended March 31, 2023, the Company granted 57,573 stock options with a vesting period of four years and a weighted average grant-date fair value of $ 17.37 . There were no common stock options exercised in the three-month period ended March 31, 2024. There were 13,158 stock options exercised in the three-month period ended March 31, 2023 . A summary of the Company’s stock options is presented below. Weighted average remaining Weighted average contractual Aggregate Options exercise price term (years) intrinsic value Outstanding at January 1, 2024 622,677 $ 15.35 6.90 $ 14,453,641 Granted 45,616 43.89 9.87 — Exercised — — — — Expired — — — — Forfeited — — — — Outstanding at March 31, 2024 668,293 $ 17.30 6.87 $ 11,376,439 Exercisable at March 31, 2024 429,497 $ 12.89 6.37 $ 8,858,939 The Company granted 355,965 RSUs in the first three months of 2024 with a vesting period of three years . At issuance, the 355,965 RSUs granted in the first three months of 2024 had a weighted average fair value of $ 43.89 per unit. During the three months ended March 31, 2023, the Company granted 514,785 RSUs with a vesting period of three years and a weighted average fair value of $ 35.17 per unit. A summary of the Company’s RSUs is presented below. Weighted average Average remaining grant date contractual RSUs fair value term (years) Outstanding at January 1, 2024 752,255 $ 32.53 1.66 Granted 355,965 43.89 2.86 Vested ( 312,619 ) 30.18 — Forfeited — — — Outstanding at March 31, 2024 795,601 $ 38.54 2.15 As of March 31, 2024 , there was a total of $ 29.8 million of unrecognized compensation cost related to unvested awards under stock-based compensation plans. This cost is expected to be recognized over a weighted average period of approximately 1.7 years. Related compensation expense for the three months ended March 31, 2024 and 2023 was $ 3.3 million and $ 3.2 million, respectively. The total issuance date fair value of RSUs vested and options exercised during the three months ended March 31, 2024 and 2023, was $ 9.4 million and $ 5.4 million, respectively. The total intrinsic value of the options exercised and RSUs vested in those respective periods was $ 13.7 million and $ 15.0 million, respectively. For the periods ended March 31, 2024 and 2023, 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: March 31, 2024 2023 Risk-free interest rate 4.17 % 3.67 % Expected dividend yield — — Expected volatility 44.76 % 45.21 % Expected lives (years) 6.3 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 option. The risk-free rate for periods within the expected life of the option is based on the U.S. Treasury Separate Trading of Registered Interest and Principal of Securities (“STRIPS”) 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 ASC 718, stock- based compensation expense for the period ended March 31, 2024 is based on awards that are ultimately expected to vest and has been reduced for estimated forfeitures. The Company estimates forfeitures using historical data or acceptable expedients.

Earnings Per Share

Earnings Per Share	3 Months Ended
	Mar. 31, 2024
Earnings Per Share [Abstract]
Earnings Per Share	4. Earnings Per Share The Company calculates earnings per share in accordance with ASC 260, Earnings Per Share . Basic earnings per share excludes dilution and is 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, including stock options and RSUs or other contracts to issue common stock were exercised and converted into common stock. Stock options are dilutive if their exercise prices are less than the current stock price. RSUs are dilutive because they represent grants over vesting periods which do not require employees to pay exercise prices. The dilution shown in the tables below includes the potential dilution from both stock options and RSUs. The following tables show the Company’s earnings per share for the periods presented: For the three months ended March 31, 2024 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 $ 56,429 52,747,140 $ 1.07 Effect of dilutive securities Common stock options and RSUs — 579,448 ( 0.01 ) Diluted earnings per share Net earnings available to common shareholders $ 56,429 53,326,588 $ 1.06 Stock options for 565,104 shares, exercisable at prices between $ 6.87 and $ 30.32 per share, were outstanding at March 31, 2024, and included in the diluted earnings per share computation because their exercise price per share was less than the average market price for the three-month period ending March 31, 2024 . Stock options for 103,189 shares were anti-dilutive and not included in the earnings per share calculation. For the three months ended March 31, 2023 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 $ 49,122 55,452,815 $ 0.89 Effect of dilutive securities Common stock options and RSUs — 595,327 ( 0.01 ) Diluted earnings per share Net earnings available to common shareholders $ 49,122 56,048,142 $ 0.88 Stock options for 465,104 shares, exercisable at prices between $ 6.87 and $ 18.81 per share, were outstanding at March 31, 2023, and included in the diluted earnings per share computation because their exercise price per share was less than the average market price for the three-month period ending March 31, 2023. Stock options for 157,573 shares were anti-dilutive and not included in the earnings per share calculation.

Investment Securities

Investment Securities	3 Months Ended
	Mar. 31, 2024
Investment Securities [Abstract]
Investment Securities	Note 5. Investment Securities 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 amortized cost, gross unrealized gains and losses, and fair values of the Company’s investment securities classified as available-for-sale at March 31, 2024 and December 31, 2023 are summarized as follows (in thousands): Available-for-sale March 31, 2024 Gross Gross Allowance Amortized unrealized unrealized for Fair cost gains losses Credit Losses value U.S. Government agency securities $ 33,598 $ 4 $ ( 1,638 ) $ — $ 31,964 Asset-backed securities (1) 305,500 163 ( 398 ) — 305,265 Tax-exempt obligations of states and political subdivisions 4,860 16 ( 70 ) — 4,806 Taxable obligations of states and political subdivisions 38,069 10 ( 992 ) — 37,087 Residential mortgage-backed securities 173,832 135 ( 10,456 ) — 163,511 Collateralized mortgage obligation securities 33,553 — ( 1,572 ) — 31,981 Commercial mortgage-backed securities 155,076 — ( 11,443 ) — 143,633 Corporate debt securities 10,000 — — ( 10,000 ) — $ 754,488 $ 328 $ ( 26,569 ) $ ( 10,000 ) $ 718,247 March 31, 2024 Gross Gross Amortized unrealized unrealized Fair (1) Asset-backed securities as shown above cost gains losses value Federally insured student loan securities $ 5,363 $ — $ ( 35 ) $ 5,328 Collateralized loan obligation securities 300,137 163 ( 363 ) 299,937 $ 305,500 $ 163 $ ( 398 ) $ 305,265 Available-for-sale December 31, 2023 Gross Gross Allowance Amortized unrealized unrealized for Fair cost gains losses Credit Losses value U.S. Government agency securities $ 35,346 $ 6 $ ( 1,466 ) $ — $ 33,886 Asset-backed securities (1) 327,159 9 ( 1,815 ) — 325,353 Tax-exempt obligations of states and political subdivisions 4,860 39 ( 48 ) — 4,851 Taxable obligations of states and political subdivisions 43,323 15 ( 952 ) — 42,386 Residential mortgage-backed securities 169,882 108 ( 9,223 ) — 160,767 Collateralized mortgage obligation securities 35,575 — ( 1,537 ) — 34,038 Commercial mortgage-backed securities 157,759 — ( 11,506 ) — 146,253 Corporate debt securities 10,000 — — ( 10,000 ) — $ 783,904 $ 177 $ ( 26,547 ) $ ( 10,000 ) $ 747,534 December 31, 2023 Gross Gross Amortized unrealized unrealized Fair (1) Asset-backed securities as shown above cost gains losses value Federally insured student loan securities $ 6,032 $ — $ ( 49 ) $ 5,983 Collateralized loan obligation securities 321,127 9 ( 1,766 ) 319,370 $ 327,159 $ 9 $ ( 1,815 ) $ 325,353 Investments in Federal Home Loan Bank (“FHLB”) stock, Atlantic Central Bankers Bank (“ACBB”) stock, and Federal Reserve Bank stock are recorded at cost and amounted to $ 15.6 million at March 31, 2024, and $ 15.6 million at December 31, 2023. At each of those dates, ACBB stock amounted to $ 40,000 . The Bank’s conversion to a national charter required the purchase of $ 11.0 million of Federal Reserve Bank stock in September 2022. The amount of FHLB stock required to be held is based on the amount of borrowings, and after repayment thereof, the stock may be redeemed. The amortized cost and fair value of the Company’s investment securities at March 31, 2024, 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 Amortized Fair cost value Due before one year $ 39,156 $ 38,632 Due after one year through five years 116,088 111,912 Due after five years through ten years 284,076 277,194 Due after ten years 315,168 290,509 $ 754,488 $ 718,247 In 2020, the Company began pledging loans to collateralize its line of credit with the FHLB, as described in “Note 6. Loans.” The Company had no securities pledged against that line at March 31, 2024, and December 31, 2023. There were no gross realized gains on sales of securities for the three months ended March 31, 2024, and the year ended December 31, 2023. Realized losses on securities sales were $ 2,000 and $ 4,000 , respectively, for the three months ended March 31, 2024, and the year ended December 31, 2023 . The table below indicates the length of time individual securities had been in a continuous unrealized loss position at March 31, 2024 (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 16 $ 7,349 $ ( 165 ) $ 23,504 $ ( 1,473 ) $ 30,853 $ ( 1,638 ) Asset-backed securities 34 12,128 ( 3 ) 162,326 ( 395 ) 174,454 ( 398 ) Tax-exempt obligations of states and political subdivisions 3 — — 2,825 ( 70 ) 2,825 ( 70 ) Taxable obligations of states and political subdivisions 24 — — 34,326 ( 992 ) 34,326 ( 992 ) Residential mortgage-backed securities 130 10,014 ( 330 ) 132,395 ( 10,126 ) 142,409 ( 10,456 ) Collateralized mortgage obligation securities 20 — — 31,981 ( 1,572 ) 31,981 ( 1,572 ) Commercial mortgage-backed securities 40 — — 143,633 ( 11,443 ) 143,633 ( 11,443 ) Total unrealized loss position investment securities 267 $ 29,491 $ ( 498 ) $ 530,990 $ ( 26,071 ) $ 560,481 $ ( 26,569 ) The table below indicates the length of time individual securities had been in a continuous unrealized loss position at December 31, 2023 (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 15 $ 14,945 $ ( 302 ) $ 17,697 $ ( 1,164 ) $ 32,642 $ ( 1,466 ) Asset-backed securities 53 — — 314,749 ( 1,815 ) 314,749 ( 1,815 ) Tax-exempt obligations of states and political subdivisions 3 997 ( 3 ) 1,850 ( 45 ) 2,847 ( 48 ) Taxable obligations of states and political subdivisions 25 — — 39,621 ( 952 ) 39,621 ( 952 ) Residential mortgage-backed securities 132 20,884 ( 491 ) 126,645 ( 8,732 ) 147,529 ( 9,223 ) Collateralized mortgage obligation securities 20 — — 34,038 ( 1,537 ) 34,038 ( 1,537 ) Commercial mortgage-backed securities 40 — — 146,253 ( 11,506 ) 146,253 ( 11,506 ) Total unrealized loss position investment securities 288 $ 36,826 $ ( 796 ) $ 680,853 $ ( 25,751 ) $ 717,679 $ ( 26,547 ) The Company owns one trust preferred security, issued by an insurance company, which was purchased in 2006 , and owns no other such security or similar security. At March 31, 2024, this security had a cost basis of $ 10.0 million , and comprises the balance of the corporate debt securities classification in the tables above . T he Bank provided for a potential loss for the full amount of the $ 10.0 million par value of the trust preferred security through a provision for credit loss of $ 10.0 million in the fourth quarter of 2023. Interest payments on the trust preferred security have been deferred, as permitted by its terms for periods up to five years. While the trust preferred security has previously been subject to interest deferral which was repaid, there can be no assurance that repayment will occur for the current deferral. The Company has evaluated the securities in the above tables as of March 31, 2024 and has concluded that, except for the trust preferred security discussed above, none of these securities required an allowance for credit loss (“ACL”) . The Company evaluates whether an ACL is required by considering primarily the following factors: (a) the extent to which the fair value is 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. With the exception of the trust preferred security discussed above, the Company concluded that 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. 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 and the Company intends to hold its investment securities to maturity.

Loans

Loans	3 Months Ended
	Mar. 31, 2024
Loans [Abstract]
Loans	Note 6. Loans The Company has several lending lines of business including: small business loans (“SBLs”), comprised primarily of SBA loans; direct lease financing primarily for commercial vehicles and to a lesser extent equipment; SBLOC collateralized by marketable securities; IBLOC collateralized by the cash value of eligible life insurance policies; and investment advisor financing for purposes of debt refinance, acquisition of another firm or internal succession. Prior to 2020, the Company also originated non-SBA commercial real estate bridge loans, primarily collateralized by multifamily properties (apartment buildings), and to a lesser extent, by hotel and retail properties, for sale into securitizations. At origination, the Company elected fair value treatment for these loans as they were originally held-for-sale, to better reflect the economics of the transactions. In 2020, the Company decided to retain these loans on its balance sheet as interest-earning assets and currently intends to continue doing so. Therefore, these loans are no longer accounted for as held-for-sale, but the Company continues to present them at fair value. At March 31, 2024, such loans comprised $ 173.9 million of the $ 283.0 million of commercial loans, at fair value, with the balance comprised of the guaranteed portion of certain SBA loans also previously held for sale. The amortized cost of the $ 283.0 million commercial loans at fair value was $ 286.7 million. Included in net realized and unrealized gains (losses) on commercial loans, at fair value in the consolidated statements of operations are changes in the estimated fair value of such loans. For the three months ended March 31, 2024, there were no related net unrealized losses or gains recognized for changes in fair value. For the three months ended March 31, 2023, related net unrealized losses recognized for changes in fair value were $ 603,000 , none of which reflected losses attributable to credit weaknesses. In the third quarter of 2021, the Company resumed the origination of non-SBA commercial real estate bridge loans which it also intends to hold for investment and which are accounted for at amortized cost. They are captioned as REBLs as they are transitional commercial mortgage loans which are made to improve and rehabilitate existing properties which already have cash flow. The Bank has pledged the majority of its loans held for investment at amortized cost and commercial loans at fair value to either the FHLB or the Federal Reserve Bank for lines of credit with those institutions. The FHLB and FRB lines are periodically utilized to manage liquidity. The amount of loans pledged varies and the collateral may be unpledged at any time to the extent the collateral exceeds advances. The lines are maintained consistent with the Bank’s liquidity policy which maximizes potential liquidity. At March 31, 2024, $ 2.41 billion of loans were pledged to the Federal Reserve Bank and $ 1.10 billion of loans were pledged to the FHLB against lines of credit which provide a source of liquidity to the Bank. There were no amounts drawn against these lines at March 31, 2024 . Prior to 2020, the Company sponsored the structuring of commercial mortgage loan securitizations, and in 2020, the Company decided not to pursue additional securitizations. The loans previously sold to the commercial mortgage-backed securitizations were transitional commercial mortgage loans made to improve and rehabilitate existing properties which already had cash flow. Servicing rights were not retained. Each of the securitizations is considered a variable interest entity of which the Company is not the primary beneficiary. 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 obtained a tranche of certificates which are accounted for as available-for-sale debt securities. The securities were recorded at fair value at acquisition, which was determined by an independent third-party based on the discounted cash flow method using unobservable (level 3) inputs. Of the six securities purchased by the Bank from our securitizations, all have been repaid except one issued by CRE-2, which is included in the commercial mortgage backed securities classification in investment securities. As of March 31, 2024, the principal balance of the Bank’s CRE-2-issued security was $ 12.6 million and it is subordinate to the repayment of a senior tranche with a remaining balance of $ 2.0 million. A total of $ 13.7 million plus trustee fees, late charges and unpaid interest is required to repay the Bank tranche. The collateral remaining to repay the $ 15.9 million consists of a suburban office building in New Jersey and a retail facility in Missouri, the combined most recent appraisals for which total $ 33.0 million. The excess of the $ 33.0 million appraised value over the $ 15.9 million provides repayment protection for the Bank-owned tranche. Efforts to resolve the New Jersey suburban office loan and stabilize the property have not been successful to date. A 2023 broker’s opinion of the property’s liquidation value was $ 20.9 million versus a loan balance of $ 24.5 million. Negotiations with the borrower continue, with no plan for immediate liquidation. The Missouri retail facility is held as real estate owned by the trust and is also not yet stabilized, and the special servicer expects to market the property for liquidation. The March 9, 2023 appraised value of the property was $ 12.1 million versus a loan balance of $ 16.3 million. Since borrowers are no longer making payments, accrued interest and the Bank’s remaining $ 12.6 million of principal are not expected to be repaid until collateral liquidation. 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. For SBLOC, the Company relies on the market value of the underlying securities collateral as adjusted by margin requirements, generally 50 % for equities and 80 % for investment grade securities. For IBLOC, the Company relies on the cash value of insurance policy collateral. Major classifications of loans, excluding commercial loans at fair value, are as follows (in thousands): March 31, December 31, 2024 2023 SBL non-real estate $ 140,956 $ 137,752 SBL commercial mortgage 637,926 606,986 SBL construction 27,290 22,627 SBLs 806,172 767,365 Direct lease financing 702,512 685,657 SBLOC / IBLOC (1) 1,550,313 1,627,285 Advisor financing (2) 232,206 221,612 Real estate bridge loans 2,101,896 1,999,782 Other loans (3) 56,163 50,638 5,449,262 5,352,339 Unamortized loan fees and costs 10,082 8,800 Total loans, including unamortized loan fees and costs $ 5,459,344 $ 5,361,139 March 31, December 31, 2024 2023 SBLs, including costs net of deferred fees of $ 9,979 and $ 9,502 for March 31, 2024 and December 31, 2023, respectively $ 816,151 $ 776,867 SBLs included in commercial loans, at fair value 109,131 119,287 Total SBLs (4) $ 925,282 $ 896,154 (1) SBLOC are collateralized by marketable securities, while IBLOC are collateralized by the cash surrender value of insurance policies. At March 31, 2024 and December 31, 2023, IBLOC loans amounted to $ 595.6 million and $ 646.9 million, respectively. (2) In 2020, the Bank began originating loans to investment advisors for purposes of debt refinancing, acquisition of another firm or internal succession. Maximum loan amounts are subject to loan-to-value ratios of 70 % of the business enterprise value based on a third-party valuation, but may be increased depending upon the debt service coverage ratio. Personal guarantees and blanket business liens are obtained as appropriate. (3) Includes demand deposit overdrafts reclassified as loan balances totaling $ 239,000 and $ 1.7 million at March 31, 2024 and December 31, 2023, respectively. Estimated overdraft charge-offs and recoveries are reflected in the ACL and are immaterial. (4) The SBLs held at fair value are comprised of the government guaranteed portion of 7(a) Program (as defined below) loans at the dates indicated. The following table provides information about loans individually evaluated for credit loss at March 31, 2024, and December 31, 2023 (in thousands). March 31, 2024 Recorded investment Unpaid principal balance Related ACL Average recorded investment Interest income recognized Without an ACL recorded SBL non-real estate $ 1,054 $ 2,356 $ — $ 788 $ — SBL commercial mortgage 3,301 3,301 — 2,424 — Direct lease financing 170 176 — 169 — Other loans — — — 66 — Real estate bridge loans 39,400 39,400 — 19,700 — Consumer - home equity 227 227 — 228 3 With an ACL recorded SBL non-real estate 929 929 ( 618 ) 1,163 1 SBL commercial mortgage 182 182 ( 41 ) 508 — SBL construction 3,385 3,385 ( 44 ) 3,385 — Direct lease financing 4,677 4,902 ( 2,618 ) 4,147 — Total SBL non-real estate 1,983 3,285 ( 618 ) 1,951 1 SBL commercial mortgage 3,483 3,483 ( 41 ) 2,932 — SBL construction 3,385 3,385 ( 44 ) 3,385 — Direct lease financing 4,847 5,078 ( 2,618 ) 4,316 — Other loans — — — 66 — Real estate bridge loans 39,400 39,400 — 19,700 — Consumer - home equity 227 227 — 228 3 $ 53,325 $ 54,858 $ ( 3,321 ) $ 32,578 $ 4 December 31, 2023 Recorded investment Unpaid principal balance Related ACL Average recorded investment Interest income recognized Without an ACL recorded SBL non-real estate $ 522 $ 1,714 $ — $ 380 $ — SBL commercial mortgage 1,546 1,546 — 1,028 — Direct lease financing 167 167 — 78 — Legacy commercial real estate — — — 2,131 — Consumer - home equity 230 230 — 255 8 With an ACL recorded SBL non-real estate 1,397 1,397 ( 670 ) 1,011 3 SBL commercial mortgage 835 835 ( 343 ) 1,553 — SBL construction 3,385 3,385 ( 44 ) 3,385 — Direct lease financing 3,618 3,804 ( 1,827 ) 2,814 — IBLOC — — — 95 — Legacy commercial real estate — — — 710 Other loans 132 132 ( 4 ) 384 — Total SBL non-real estate 1,919 3,111 ( 670 ) 1,391 3 SBL commercial mortgage 2,381 2,381 ( 343 ) 2,581 — SBL construction 3,385 3,385 ( 44 ) 3,385 — Direct lease financing 3,785 3,971 ( 1,827 ) 2,892 — IBLOC — — — 95 — Legacy commercial real estate and Other loans 132 132 ( 4 ) 3,225 — Consumer - home equity 230 230 — 255 8 $ 11,832 $ 13,210 $ ( 2,888 ) $ 13,824 $ 11 The l oan r eview department recommend s n on-accrual status for loans to the surveillance committee, in those situations where interest income appears to be uncollectible or a protracted delay in collection becomes evident. The surveillance committee further vets and approves the non-accrual status. The following table summarizes non-accrual loans with and without an ACL as of the periods indicated (in thousands): March 31, 2024 December 31, 2023 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 $ 855 $ 1,054 $ 1,909 $ 1,842 SBL commercial mortgage 182 3,301 3,483 2,381 SBL construction 3,385 — 3,385 3,385 Direct leasing 4,677 170 4,847 3,785 Real estate bridge loans (1) — 39,400 39,400 — Other loans — — — 132 $ 9,099 $ 43,925 $ 53,024 $ 11,525 (1) In the first quarter of 2024, a $ 39.4 million apartment building rehabilitation bridge loan was transferred to nonaccrual status. On April 2, 2024, the same loan was transferred from nonaccrual status to other real estate owned. We intend to continue to manage the capital improvements on the underlying apartment complex. As the units become available for lease, the property manager will be tasked with leasing these units at market rents. The Company intends to explore a potential sale of the asset prior to stabilization. The $ 39.4 million loan balance compares to a September 2023 third party “as is” appraisal of $ 47.8 million, or an 82 % “as is” loan to value (“LTV”) , with additional potential collateral value as construction progresses, and units are re-leased at stabilized rental rates . The $ 39.4 million loan, as well as the other non-accrual balances in this table as of March 31, 2024, are also reflected in the substandard loan totals. The Company had $ 19.6 million of other real estate owned (“OREO”) at March 31, 2024, and $ 16.9 million of OREO at December 31, 2023. The following table summarizes the Company’s non-accrual loans, loans past due 90 days or more, and OREO at March 31, 2024 and December 31, 2023, respectively: March 31, December 31, 2024 2023 (Dollars in thousands) Non-accrual loans SBL non-real estate $ 1,909 $ 1,842 SBL commercial mortgage 3,483 2,381 SBL construction 3,385 3,385 Direct leasing 4,847 3,785 Real estate bridge loans (1) 39,400 — Other loans — 132 Total non-accrual loans 53,024 11,525 Loans past due 90 days or more and still accruing (2) 4,108 1,744 Total non-performing loans 57,132 13,269 OREO (3) 19,559 16,949 Total non-performing assets $ 76,691 $ 30,218 (1) In the first quarter of 2024, a $ 39.4 million apartment building rehabilitation bridge loan was transferred to nonaccrual status. On April 2, 2024, the same loan was transferred from nonaccrual status to other real estate owned. We intend to continue to manage the capital improvements on the underlying apartment complex. As the units become available for lease, the property manager will be tasked with leasing these units at market rents. The Company intends to explore a potential sale of the asset prior to stabilization. The $ 39.4 million loan balance compares to a September 2023 third party “as is” appraisal of $ 47.8 million, or an 82 % “as is” loan to value (“LTV”) , with additional potential collateral value as construction progresses, and units are re-leased at stabilized rental rates. The $ 39.4 million loan as well as the other non-accrual balances in this table as of March 31, 2024 are reflected in the substandard loan totals in Note 6 to the financial statements. (2) The vast majority of the increase in Loans past due 90 days or more and still accruing resulted from vehicle leases to governmental entities and municipalities, the payments for which are sometimes subject to administrative delays. (3 ) The increase in OREO reflected the addition of a $ 2.6 million hotel securing an SBA loan. Should a loss be realized on the sale of this property, we believe that any such loss will be offset by a 75 % SBA Guarantee, consistent with other such reimbursements from the SBA. Interest which would have been earned on loans classified as non-accrual for the three months ended March 31, 2024 and 2023, was $ 440,000 and $ 194,000 , respectively. No income on non-accrual loans was recognized during the three months ended March 31, 2024. During the three months ended March 31, 2024, $ 222,000 of REBL, $ 37,000 of direct leasing, $ 57,000 of SBL commercial real estate, and $ 22,000 of SBL non-real estate were reversed from interest income, which represented interest accrued on loans placed into non-accrual status during the period . During the three months ended March 31, 2023, $ 89,000 of legacy commercial real estate, $ 89,000 of SBL commercial real estate, $ 3,000 of SBL non-real estate, and $ 26,000 of direct leasing were reversed from interest income, which represented interest accrued on loans placed into non-accrual status during the period. Material amounts of non-accrual interest reversals are charged to the ACL, but such amounts were not material during either the three months ended March 31, 2024 or 2023. L oans which are experiencing financial stress are reviewed by the loan review department, which is independent of the lending lines. The review includes an analysis for a potential specific reserve allocation in the ACL. For REBLs, updated appraisals are generally obtained in conjunction with modifications. For the three months ended March 31, 2024 and the twelve months ended December 31, 2023, loans modified and related information are as follows (dollars in thousands): March 31, 2024 December 31, 2023 Payment delay as a result of a payment deferral Interest rate reduction and payment deferral Total Percent of total loan category Payment delay as a result of a payment deferral Payment delay and term extension Total Percent of total loan category SBL non-real estate $ 2,224 $ — $ 2,224 1.58 % $ 651 $ — $ 651 0.47 % SBL commercial mortgage 3,328 — 3,328 0.52 % — — — — Direct lease financing — — — — — 127 127 0.02 % Real estate bridge lending (1) 26,923 32,500 59,423 2.83 % — 12,300 12,300 0.62 % Total $ 32,475 $ 32,500 $ 64,975 1.19 % $ 651 $ 12,427 $ 13,078 0.24 % (1) For the period ended March 31, 2024, the “as is” weighted average LTV of the real estate bridge lending balances was less than 72.5 %, and the “as stabilized” LTV was approximately 68 % based upon recent appraisals. “As stabilized” LTVs reflect the third-party appraiser’s estimated value after the rehabilitation is complete. For the period ended December 31, 2023, the weighted average loan to value was less than 70 %, based on recent "as is" appraised value. On each property reflected in the balances, apartment improvements and renovations continue, utilizing additional borrower capital. The balances for both periods were also classified as either special mention or substandard as of March 31, 2024. The following table shows an analysis of loans that were modified during the three months ended March 31, 2024 and the year ended December 31, 2023 presented by loan classification (dollars in thousands): March 31, 2024 Payment Status (Amortized Cost Basis) 30-59 Days 60-89 Days 90+ Days Total past due past due still accruing Non-accrual delinquent Current Total SBL non-real estate $ — $ — $ — $ 790 $ 790 $ 1,434 $ 2,224 SBL commercial mortgage — — — — — 3,328 3,328 Real estate bridge lending (1) — — — — — 59,423 59,423 $ — $ — $ — $ 790 $ 790 $ 64,185 $ 64,975 December 31, 2023 Payment Status (Amortized Cost Basis) 30-59 Days 60-89 Days 90+ Days Total past due past due still accruing Non-accrual delinquent Current Total SBL non-real estate $ — $ — $ — $ 156 $ 156 $ 495 $ 651 Direct lease financing — — — 127 127 — 127 Real estate bridge lending (1) — — — — — 12,300 12,300 $ — $ — $ — $ 283 $ 283 $ 12,795 $ 13,078 (1) For the period ended March 31, 2024, the “as is” weighted average LTV of the real estate bridge lending balances was less than 72.5 %, and the “as stabilized” LTV was approximately 68 % based upon recent appraisals. “As stabilized” LTVs reflect the third-party appraiser’s estimated value after the rehabilitation is complete. For the period ended December 31, 2023, the weighted average loan to value was less than 70 %, based on recent "as is" appraised value. On each property reflected in the balances, apartment improvements and renovations continue, utilizing additional borrower capital. The balances for both periods were also classified as either special mention or substandard as of March 31, 2024. The following table describes the financial effect of the modifications made to borrowers experiencing financial difficulty as of March 31, 2024 and December 31, 2023 (dollars in thousands): March 31, 2024 December 31, 2023 Combined Rate and Maturity Combined Rate and Maturity Weighted average interest reduction Weighted average term extension (in months) More-Than-Insignificant-Payment Delay (2) Weighted average interest reduction Weighted average term extension (in months) More-Than-Insignificant-Payment Delay (2) SBL non-real estate — — 1.58 % — — 0.47 % SBL commercial mortgage — — 0.52 % — — — Direct lease financing — — — — 3 — Real estate bridge lending (1) 1.68 % — 1.28 % — 12 — (1) For the period ended March 31, 2024, the “as is” weighted average LTV of the real estate bridge lending balances was less than 72.5 %, and the “as stabilized” LTV was approximately 68 % based upon recent appraisals. “As stabilized” LTVs reflect the third-party appraiser’s estimated value after the rehabilitation is complete. For the period ended December 31, 2023, the weighted average loan to value was less than 70 %, based on recent "as is" appraised value. On each property reflected in the balances, apartment improvements and renovations continue, utilizing additional borrower capital. The balances for both periods were also classified as either special mention or substandard as of March 31, 2024. (2) Percentage represents the principal of loans deferred divided by the principal of the total loan portfolio. There were no loans that received a term extension modification which had a payment default during the period and were modified in the twelve months before default. The Company had no commitments to extend additional credit to loans classified as modified as of March 31, 2024 or December 31, 2023. T here were $ 65.0 million and $ 13.1 million of loans classified as modified for year-to-date March 31, 2024 and for the twelve months ended December 31, 2023, respectively, with specific reserves of $ 10,000 and $ 127,000 as of March 31, 2024 and December 31, 2023, respectively. Substantially all of the reserves at March 31, 2024 related to the non-guaranteed portion of SBA loans. The following table summarizes loans that were restructured within the twelve months ended March 31, 2024 that have subsequently defaulted (in thousands): March 31, 2024 Number Pre-modification recorded investment Legacy commercial real estate 1 3,552 Total 1 $ 3,552 Management estimates the ACL quarterly and for most loan categories uses relevant available internal and external historical loan performance information to determine the quantitative component of the reserve and current economic conditions, and reasonable and supportable forecasts and other factors to determine the qualitative component of the reserve. Reserves on specific credit-deteriorated loans comprise the third and final component of the reserve. Historical credit loss experience provides the quantitative basis for the estimation of expected credit losses over the estimated remaining life of the loans. The qualitative component of the ACL is designed to be responsive to changes in portfolio credit quality and the impact of current and future economic conditions on loan performance, and is subjective. The review of the appropriateness of the ACL is performed by the Chief Credit Officer and presented to the Audit Committee of the Company’s Board of Directors (the “Board”) for approval. With the exception of SBLOC and IBLOC, which utilize probability of loss/loss given default, and the other loan category, which uses discounted cash flow to determine a reserve, the quantitative components for remaining categories are determined by establishing reserves on loan pools with similar risk characteristics based on a lifetime loss-rate model, or vintage analysis, as described in the following paragraph. 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 collateral, a reserve for deficiency is established within the ACL. Those reserves are estimated based on the difference between loan principal and the estimated fair value of the collateral, adjusted for estimated disposition costs. Except for SBLOC, IBLOC and other loans as noted above, for purposes of determining the quantitative historical loss reserve for each similar risk pool, the loans not assigned an individual reserve are segregated by product type, to recognize differing risk characteristics within portfolio segments, and an average historical loss rate is calculated for each product type. Loss rates are computed by classifying net charge-offs by year of loan origination, and dividing into total originations for that specific year. This methodology is referred to as vintage analysis. The average 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 de minimus losses have been incurred, probability of loss/loss given default considerations are utilized. For the other loan category discounted cash flow is utilized to determine a reserve. The Company also considers the need for an additional ACL based upon qualitative factors such as current loan performance statistics by pool, and economic conditions. These qualitative factors are intended to account for forward looking expectations over a twelve to eighteen month period not reflected in historical loss rates and otherwise unaccounted for in the quantitative process. Accordingly, such factors may increase or decrease the allowance compared to historical loss rates as the Company’s forward looking expectations change. The qualitative factor percentages are applied against the pool balances as of the end of the period. Aside from the qualitative adjustments to account for forward looking expectations of loss over a twelve to eighteen month projection period, the balance of the ACL reverts to the Company’s quantitative analysis derived from its historical loss rates. The qualitative and quantitative historical loss rate components, together with the allowances on specific credit-deteriorated loans, comprise the total ACL. A similar process is employed to calculate an ACL assigned to off-balance sheet commitments, which are comprised of unfunded loan commitments and letters of credit. That ACL for unfunded commitments is recorded in other liabilities. Even though portions of the ACL may be allocated to loans that have been individually measured for credit deterioration, the entire ACL is available for any credit that, in management’s judgment, should be charged off. At March 31, 2024, the ACL amounted to $ 28.7 million of which $ 11.9 million of allowances resulted from the Company’s historical charge-off ratios, $ 3.3 million from reserves on specific loans, with the balance comprised of the qualitative components. The $ 11.9 million resulted primarily from SBA non-real estate bridge lending and leasing charge-offs. The proportion of qualitative reserves compared to charge-off history related reserves reflects the general absence of charge-offs experienced in the Company’s largest loan portfolios consisting of SBLOC, IBLOC and real estate bridge lending. The general absence of such charge-offs reflects, at least in part, the nature of related collateral consisting, respectively, of marketable securities, the cash value of life insurance and workforce apartment buildings. As charge-offs are nonetheless possible, significant subjectivity is required to consider qualitative factors to derive the related components of the allowance. The Company ranks its qualitative factors in five levels: minimal, low, moderate, moderate-high, and high-risk. The individual qualitative factors for each portfolio segment have their own scale based on an analysis of that segment. A high-risk ranking results in the largest increase in the ACL calculation with each level below having a lesser impact on a sliding scale. The qualitative factors used for each portfolio are described below in the description of each portfolio segment. As a result of continuing economic uncertainty in 2022, including heightened inflation and increased risks of recession, the qualitative factors which had previously been set in anticipation of a downturn, were maintained through the third quarter of 2022. In the fourth quarter of 2022, as risks of a recession increased, the economic qualitative risk factor was increased for non-real estate SBL and leasing. Those higher qualitative allocations were retained in the first quarter of 2023, as negative economic indications persisted. In the second quarter of 2023, CECL model adjustments of $ 1.7 million resulted from a $ 2.5 million CECL model decrease from changes in estimated average lives, partially offset by a $ 794,000 CECL model increase resulting from increasing economic and collateral risk factors to respective moderate-high and moderate risk levels. The elevated economic risk level for leasing reflected input from department heads regarding the potential borrower impact of the higher rate environment. The elevated collateral risk level for leasing reflected lower auction prices for vehicles and uncertainty over the extent to which such prices might decrease in the future. The adjustment for average lives reflected a change in the estimated lives of leases, higher variances for which may result from their short maturities. In the third quarter of 2023, there were indications of auction price stabilization, while the auto workers’ strike could reduce supply and drive up prices. Nonetheless, the elevated risk levels were maintained. The Company has not increased the qualitative risk levels for SBLOC or IBLOC because of the nature of related collateral. SBLOC loans are subject to maximum loan to marketable securities value, and notwithstanding historic drops in the stock market in recent years, losses have not been realized. IBLOC loans are limited to borrowers with insurance companies that exceed credit requirements, and loan amounts are limited to life insurance cash values. The Company had not, prior to the fourth quarter of 2023, increased the economic factor for multifamily real estate bridge lending. While Federal Reserve rate increases directly increase real estate bridge loan floating-rate borrowing costs, those borrowers are required to purchase interest rate caps that will partially limit the increase in borrowing costs during the term of the loan. Additionally, there continues to be several additional mitigating factors within the multifamily sector that should continue to fuel demand. Higher interest rates are increasing the cost to purchase a home, which in turn is increasing the number of renters and subsequent demand for multifamily. The softening demand for new homes should continue to exacerbate the current housing shortage, and therefore continue to fuel demand for multifamily apartment homes. Additionally, higher rents in the multifamily sector are causing renters to be more price sensitive, which is driving demand for most of the apartment buildings within the Company’s loan portfolio which management considers “workforce” housing. In the fourth quarter of 2023, an increasing trend in substandard loans was reflected in an increase in the risk level for the REBL ACL economic qualitative factor, which resulted in a $ 1.0 million increase in the fourth quarter provision for credit loss on loans. The economic qualitative factor is based on the estimated impact of economic conditions on the loan pools, as distinguished from the economic factors themselves, for the following reasons. The Company has experienced limited multifamily (apartment building) loan charge-offs, despite stressed economic conditions. Accordingly, the ACL for this pool was derived from a qualitative factor based on industry loss information for multifamily housing. The Company’s charge-offs have been virtually non-existent for SBLOC and IBLOC notwithstanding stressed economic periods, and their ACL is accordingly also determined by a qualitative factor. Investment advisor loans were first offered in 2020 with limited performance history, during which charge-offs have not been experienced. For investment advisor loans, the nature of the underlying ultimate repayment source was considered, namely the fee-based advisory income streams resulting from investment portfolios under management, and the impact changes in economic conditions would have on those payment streams. The qualitative factors used for this and the other portfolios are described below in the description of each portfolio segment. Additionally, the Company’s charge-off histories for SBLs, primarily SBA, and leases have not correlated with economic conditions, including trends in unemployment. While specific economic factors did not correlate with actual historical losses, multiple economic factors are considered in the economic qualitative factor. For the non-guaranteed portion of SBA loans, leases, real estate bridge lending and investment advisor financing, the Company’s loss forecasting analysis included a review of industry statistics. However, the Company’s own charge-off history and average life estimates, for categories in which the Company has experienced charge-offs, was the primary quantitatively-derived element in the forecasts. The qualitative component results from management’s qualitative assessments which consider internal and e

Transactions With Affiliates

Transactions With Affiliates	3 Months Ended
	Mar. 31, 2024
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 March 31, 2024 and December 31, 2023, 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 March 31, 2024, 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 $ 5.3 million at March 31, 2024 and $ 5.7 million at December 31, 2023. 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 $ 3,000 and $ 2,700 for legal services for the three months ended March 31, 2024 and 2023, respectively.

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Mar. 31, 2024
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 although it has sold loans and securities in the past and may do so in the future. For fair value disclosure purposes, the Company utilized certain value measurement criteria required in accordance with ASC 820, Fair Value Measurements and Disclosures (“ASC 820”), as discussed below. 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. 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 and the Company’s balance at the Federal Reserve Bank, had recorded values of $ 1.25 billion and $ 1.04 billion as of March 31, 2024 and December 31, 2023, respectively, which approximated fair values. The estimated fair values of investment securities are based on quoted market prices, if available, or estimated independently by a third-party pricing service based upon their matrix pricing technique. Level 3 investment security fair values are based on the present valuing of cash flows, which discounts expected cash flows from principal and interest using yield to maturity, or yield to call as appropriate, at the measurement date. In the first quarter of 2024 and 2023, there were no transfers between the three levels. Federal Reserve, FHLB, and ACBB stock, are held as required by those respective institutions and are carried at cost. Each of these institutions require their members to hold stock as a condition of membership. While a fixed stock amount is required by each of these institutions, the FHLB stock requirement periodically increases or decreases with varying levels of borrowing activity . Co mmercial loans held at fair value are comprised primarily of commercial real estate bridge loans and SBA loans which had been originated for sale or securitization in the secondary market, and which are now being held on the balance sheet. Commercial real estate bridge loans and SBA loans are valued using a discounted cash flow analysis based upon pricing for similar loans where market indications of the sales price of such loans are not available. SBA loans are valued on a pooled basis and commercial real estate bridge loans are valued individually. Loans, net have an estimated fair value using the present value of future cash flows. 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. Loan fair values 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. In the first quarter of 2022, discontinued loans were reclassified to loans held for investment, as efforts to sell the loans had concluded. Accordingly, these loans are accounted for as such, and included in related tables. Discontinued OREO, which constituted the remainder of discontinued assets, was reclassified to the OREO caption on the consolidated balance sheet. For OREO, market value is 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, when outstanding, are equal to their carrying amounts as they are short-term borrowings. Time deposits, when outstanding, senior debt 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 resulting from sold loans which did not qualify for true sale accounting are presented in the amount of the principal of such loans. The fair values of interest rate swaps, recorded in other assets or other liabilities, 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: March 31, 2024 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 $ 718,247 $ 718,247 $ — $ 706,176 $ 12,071 Federal Reserve, FHLB and ACBB stock 15,642 15,642 — — 15,642 Commercial loans, at fair value 282,998 282,998 — — 282,998 Loans, net of deferred loan fees and costs 5,459,344 5,411,026 — — 5,411,026 Interest rate swaps, asset 312 312 — 312 — Demand and interest checking 6,828,159 6,828,159 — 6,828,159 — Savings and money market 62,597 62,597 — 62,597 — Senior debt 95,948 91,362 — 91,362 — Subordinated debentures 13,401 11,347 — — 11,347 December 31, 2023 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 $ 747,534 $ 747,534 $ — $ 735,463 $ 12,071 Federal Reserve, FHLB and ACBB stock 15,591 15,591 — — 15,591 Commercial loans, at fair value 332,766 332,766 — — 332,766 Loans, net of deferred loan fees and costs 5,361,139 5,329,436 — — 5,329,436 Interest rate swaps, asset 285 285 — 285 — Demand and interest checking 6,630,251 6,630,251 — 6,630,251 — Savings and money market 50,659 50,659 — 50,659 — Senior debt 95,859 96,539 — 96,539 — Subordinated debentures 13,401 11,470 — — 11,470 Securities sold under agreements to repurchase 42 42 42 — — Other 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 March 31, 2024 (Level 1) (Level 2) (Level 3) Investment securities, available-for-sale U.S. Government agency securities $ 31,964 $ — $ 31,964 $ — Asset-backed securities 305,265 — 305,265 — Obligations of states and political subdivisions 41,893 — 41,893 — Residential mortgage-backed securities 163,511 — 163,511 — Collateralized mortgage obligation securities 31,981 — 31,981 — Commercial mortgage-backed securities 143,633 — 131,562 12,071 Total investment securities, available-for-sale 718,247 — 706,176 12,071 Commercial loans, at fair value 282,998 — — 282,998 Interest rate swaps, asset 312 — 312 — $ 1,001,557 $ — $ 706,488 $ 295,069 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, 2023 (Level 1) (Level 2) (Level 3) Investment securities, available-for-sale U.S. Government agency securities $ 33,886 $ — $ 33,886 $ — Asset-backed securities 325,353 — 325,353 — Obligations of states and political subdivisions 47,237 — 47,237 — Residential mortgage-backed securities 160,767 — 160,767 — Collateralized mortgage obligation securities 34,038 — 34,038 — Commercial mortgage-backed securities 146,253 — 134,182 12,071 Total investment securities, available-for-sale 747,534 — 735,463 12,071 Commercial loans, at fair value 332,766 — — 332,766 Interest rate swaps, asset 285 — 285 — $ 1,080,585 $ — $ 735,748 $ 344,837 The Company’s Level 3 asset activity for the categories shown are summarized below (in thousands): Fair Value Measurements Using Significant Unobservable Inputs (Level 3) Available-for-sale Commercial loans, securities at fair value March 31, 2024 December 31, 2023 March 31, 2024 December 31, 2023 Beginning balance $ 12,071 $ 20,023 $ 332,766 $ 589,143 Transfers to OREO — — ( 1,978 ) ( 2,686 ) Total net (losses) or gains (realized/unrealized) Included in earnings — — 1,069 3,869 Included in earnings (included in credit loss) — ( 10,000 ) — — Included in other comprehensive income/(loss) — 2,048 — — Purchases, issuances, sales and settlements Issuances — — — 134,256 Settlements — — ( 48,859 ) ( 391,816 ) Ending balance $ 12,071 $ 12,071 $ 282,998 $ 332,766 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. $ — $ — $ — $ ( 3,085 ) The Company’s OREO activity is summarized below (in thousands) as of the dates indicated: March 31, 2024 December 31, 2023 Beginning balance $ 16,949 $ 21,210 Transfer from loans, net 632 — Transfer from commercial loans, at fair value 1,978 2,686 Write-downs — ( 1,147 ) Sales — ( 5,800 ) Ending balance $ 19,559 $ 16,949 Information related to fair values of Level 3 balance sheet categories is as follows (dollars in thousands) : Level 3 instruments only Weighted Fair value at Range at average at March 31, 2024 Valuation techniques Unobservable inputs March 31, 2024 March 31, 2024 Commercial mortgage-backed investment security (1) $ 12,071 Discounted cash flow Discount rate 14.00 % 14.00 % FHLB, ACBB, and Federal Reserve Bank stock 15,642 Cost N/A N/A N/A Loans, net of deferred loan fees and costs (2) 5,411,026 Discounted cash flow Discount rate 7.40 %- 13.00 % 8.48 % Commercial - SBA (3) 109,131 Discounted cash flow Discount rate 7.01 % 7.01 % Non-SBA commercial real estate - fixed (4) 162,565 Discounted cash flow Discount rate 8.52 %- 12.35 % 9.60 % Non-SBA commercial real estate – floating (5) 11,302 Discounted cash flow Discount rate 10.00 %- 17.00 % 13.21 % Commercial loans, at fair value 282,998 Subordinated debentures (6) 11,347 Discounted cash flow Discount rate 11.00 % 11.00 % OREO (7) 19,559 Appraised value N/A N/A N/A Level 3 instruments only Weighted Fair value at Range at average at December 31, 2023 Valuation techniques Unobservable inputs December 31, 2023 December 31, 2023 Commercial mortgage-backed investment security $ 12,071 Discounted cash flow Discount rate 14.00 % 14.00 % FHLB, ACBB, and Federal Reserve Bank stock 15,591 Cost N/A N/A N/A Loans, net of deferred loan fees and costs 5,329,436 Discounted cash flow Discount rate 7.40 %- 13.00 % 8.41 % Commercial - SBA 119,287 Discounted cash flow Discount rate 7.46 % 7.46 % Non-SBA commercial real estate - fixed 162,674 Discounted cash flow and appraisal Discount rate 8.00 %- 12.30 % 8.76 % Non-SBA commercial real estate - floating 50,805 Discounted cash flow Discount rate 9.30 %- 16.50 % 14.19 % Commercial loans, at fair value 332,766 Subordinated debentures 11,470 Discounted cash flow Discount rate 11.00 % 11.00 % OREO 16,949 Appraised value N/A N/A N/A The valuations for each of the instruments above, as of the balance sheet date, are subject to judgments, assumptions and uncertainties, changes in which could have a significant impact on such valuations. 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, the yield derived from market pricing indications for comparable pools determined by date of loan origination. For commercial loans recorded at fair value, changes in fair value are reflected in the income statement. Changes in the fair value of securities which are unrelated to credit are recorded through equity. Changes in the fair value of loans recorded at amortized cost which are unrelated to credit are a disclosure item, without impact on the financial statements. The notes below refer to the March 31, 2024 table. (1) Commercial mortgage-backed investment security, consisting of a single bank-issued CRE security, is valued using discounted cash flow analysis. The discount rate and prepayment rate applied are based upon market observations and actual experience for comparable securities and implicitly assume market averages for defaults and loss severities. The CRE-2 security has significant credit enhancement, or protection from other subordinated tranches in the issue, which limits the valuation exposure to credit losses. Nonetheless, increases in expected default rates or loss severities on the loans underlying the issue could reduce its 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 loss experience could also change the interest earned on this holding in future periods and impact its fair value. As a single security, the weighted average rate shown is the actual rate applied to the CRE-2 security. For additional information related to this security, see “Note 6. Loans.” (2) Loans, net of deferred loan 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. (3) Commercial – SBA Loans are comprised of the government guaranteed portion of SBA-insured loans. Their valuation is based upon the yield derived from dealer pricing indications for guaranteed pools, adjusted for seasoning and prepayments. 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 impacted by prepayment assumptions resulting from both voluntary payoffs and defaults. Such assumptions for these seasoned loans are based on a seasoning vector for constant prepayment rates from 3 % to 30 % over life. (4) Non-SBA commercial real estate – fixed are fixed rate non-SBA commercial real estate mortgages. These loans are fair valued by a third-party, based upon discounting at market rates for similar loans. Discount rates used in applying discounted cash flow analysis utilize input based upon loan terms, the general level of interest rates and the quality of the credit. Deterioration in loan performance or other credit weaknesses could result in fair value ranges which would be dependent upon potential buyers’ tolerance for such weaknesses and are difficult to estimate. (5) Non-SBA commercial real estate – floating are floating rate non-SBA loans, the vast majority of which are secured by multifamily properties (apartments). These are bridge loans designed to provide owners time and funding for property improvements and are generally valued using discounted cash flow analysis. The discount rate for the vast majority of these loans was based upon current origination rates for similar loans. Deterioration in loan performance or other credit weaknesses could result in fair value ranges which would be dependent upon potential buyers’ tolerance for such weaknesses and are difficult to estimate. At March 31, 2024, these loans were fair valued by a third-party, based upon discounting at market rates for similar loans. (6) Subordinated debentures are comprised of $ 13.4 million of debentures bearing interest at SOFR plus 3.51 % and maturing in March 2038 (the “2038 Debentures”), which 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 2038 Debentures’ valuation . (7) For OREO, fair value is based upon appraisals of the underlying collateral by third-party appraisers, reduced by 7 % to 10 % for estimated selling costs. Such appraisals reflect estimates of amounts realizable upon property sales based on the sale of comparable properties and other factors. Actual sales prices may vary based upon the identification of potential purchasers, changing conditions in local real estate markets and the level of interest rates required to finance purchases. 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 March 31, 2024 (Level 1) (Level 2) (Level 3) Collateral dependent loans (1) $ 5,852 $ — $ — $ 5,852 OREO 19,559 — — 19,559 $ 25,411 $ — $ — $ 25,411 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, 2023 (Level 1) (Level 2) (Level 3) Collateral dependent loans (1) $ 8,944 $ — $ — $ 8,944 OREO 16,949 — — 16,949 $ 25,893 $ — $ — $ 25,893 (1) The method of valuation approach for the loans evaluated for an allowance for credit losses on an individual loan basis and also for OREO was the market approach based upon appraisals of the underlying collateral by external appraisers, reduced by 7 % to 10 % for estimated selling costs. At March 31, 2024, principal on collateral dependent loans, which is accounted for on the basis of the value of underlying collateral, is shown at an estimated fair value of $ 5.9 million. To arrive at that fair value, related loan principal of $ 9.2 million was reduced by specific reserves of $ 3.3 million within the ACL as of that date, representing the deficiency between principal and estimated collateral values, which were reduced by estimated costs to sell. When the deficiency is deemed uncollectible, it is charged off by reducing the specific reserve and decreasing principal. Valuation techniques consistent with the market and/or cost approach were used to measure fair value and primarily included observable inputs for the individual loans being evaluated such as recent sales of similar collateral 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 .

Derivatives

Derivatives	3 Months Ended
	Mar. 31, 2024
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 certain non-SBA commercial estate loans held at fair value. These instruments are not accounted for as effective hedges. As of March 31, 2024, the Company had entered into one interest rate swap agreement with an aggregate notional amount of $ 6.8 million. Under that swap agreement the Company receives an adjustable rate of interest based upon SOFR. The Company recorded a net gain of $ 27,000 for the three months ended March 31, 2024 to recognize the fair value of the derivative instrument which is reported in net realized and unrealized gains (losses) on commercial loans, at fair value, in the consolidated statements of operations. The amount receivable by the Company under this swap agreement was $ 312,000 at March 31, 2024, which is reported in other assets. The Company had minimum collateral posting thresholds with certain of its derivative counterparties and had posted cash collateral of $ 51,000 as of March 31, 2024. The maturity date, notional amount, interest rate paid and received and fair value of the Company’s remaining interest rate swap agreement as of March 31, 2024 is summarized below (dollars in thousands): March 31, 2024 Maturity date Notional amount Interest rate paid Interest rate received Fair value December 23, 2025 6,800 2.16 % 5.56 % 312 Total $ 6,800 $ 312

Other Identifiable Intangible A

Other Identifiable Intangible Assets	3 Months Ended
	Mar. 31, 2024
Other Identifiable Intangible Assets [Abstract]
Other Identifiable Intangible Assets	Note 10. Other Identifiable Intangible Assets 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 ten year period. A mortization expense is $ 340,000 per year ($ 709,000 over the next three years). The gross carrying amount of the customer list intangible is $ 3.4 million, and as of March 31, 2024, and December 31, 2023, respectively, the accumulated amortization expense was $ 2.7 million and $ 2.6 million. In January 2020, the Company purchased McMahon Leasing and subsidiaries for approximately $ 8.7 million which resulted in $ 1.1 million of intangibles. The gross carrying value of $ 1.1 million of intangibles was comprised of a customer list intangible of $ 689,000 , goodwill of $ 263,000 and a trade name valuation of $ 135,000 . The customer list intangible is being amortized over a twelve year period and accumulated amortization expense was $ 244,000 at March 31, 2024 and $ 230,000 at December 31, 2023. Amortization expense is $ 57,000 per year ($ 287,000 over the next five years). The gross carrying value and accumulated amortization related to the Company’s intangibles at March 31, 2024 and December 31, 2023 are presented below: March 31, December 31, 2024 2023 Gross Gross Carrying Accumulated Carrying Accumulated Amount Amortization Amount Amortization (Dollars in thousands) Customer list intangibles $ 4,093 $ 2,939 $ 4,093 $ 2,840 Goodwill 263 — 263 — Trade Name 135 — 135 — Total $ 4,491 $ 2,939 $ 4,491 $ 2,840

Recent Accounting Pronouncement

Recent Accounting Pronouncements	3 Months Ended
	Mar. 31, 2024
Recent Accounting Pronouncements [Abstract]
Recent Accounting Pronouncements	Note 11. Recent Accounting Pronouncements In March 2020, the FASB issued Accounting Standards Update (“ASU”) 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform in Financial Reporting , which addressed optional expedients and exceptions for applying GAAP to contract modifications and hedging relationships, resulting from the phase-out of the London Inter-Bank Offered Rate (“LIBOR ”) reference rate. The Company discontinued LIBOR-based originations in 2021. Since then, all LIBOR based instruments on the balance sheet have been successfully transitioned to alternative indices with no material impact. In March 2022, the FASB issued ASU 2022-02, Financial Instruments-Credit Losses (Topic 326), Troubled Debt Restructurings and Vintage Disclosures. ASU 2022-02 addresses areas identified by the FASB as part of its post-implementation review of the credit losses standard (ASU 2016-13) that introduced the CECL model. The amendments eliminate the accounting guidance for troubled debt restructurings by creditors that have adopted the CECL model and enhance the disclosure requirements for loan refinancings and modifications. The Company adopted ASU 2022-02 on January 1, 2023. Effective January 1, 2023, loan modifications to borrowers experiencing financial difficulty are required to be disclosed by type of modification and by type of loan. Prior accounting guidance classified loans which were modified as troubled debt restructurings only if the modification reflected a concession from the lender in the form of a below market interest rate or other concession in addition to borrower financial difficulty.

Shareholders' Equity

Shareholders' Equity	3 Months Ended
	Mar. 31, 2024
Shareholders' Equity [Abstract]
Shareholders' Equity	Note 12. Shareholders’ Equity On October 20, 2021, the Board approved a common stock repurchase program for the 2022 fiscal year (the “2022 Repurchase Program”). Under the 2022 Repurchase Program, the Company repurchased $ 15.0 million in value of the Company’s common stock in each quarter of 2022. On October 26, 2022, the Board approved a common stock repurchase program for the 2023 fiscal year (the “2023 Repurchase Program”). Under the 2023 Repurchase Program, the Company repurchased $ 25.0 million in value of the Company’s common stock in each quarter of 2023. On October 26, 2023, the Board approved a common stock repurchase program for the 2024 fiscal year (the “2024 Repurchase Program”), which authorizes the Company to repurchase $ 50.0 million in value of the Company’s common stock per fiscal quarter in 2024, for a maximum amount of $ 200.0 million. Under the 2024 Repurchase Program, the Company intends to repurchase shares through open market purchases, privately negotiated transactions, block purchases or otherwise in accordance with applicable federal securities laws, including Rule 10b-18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). The 2024 Repurchase Program may be modified or terminated at any time. During the three months ended March 31, 2024, the Company repurchased 1,262,212 shares of its common stock in the open market under the 2023 Repurchase Program at an average price of $ 39.61 per share . As a means of returning capital to shareholders, the Company implemented stock repurchase programs which totaled $ 40.0 million, $ 60.0 million and $ 100.0 million, in equal quarterly amounts, respectively, in 2021, 2022 and 2023, with $ 200 million originally planned for 2024. Subsequently the second quarter 2024 planned repurchase was increased from $50 million to $100 million. The planned amounts of such repurchases are determined in the fourth quarter of the preceding year by assessing the impact of budgetary earnings projections on regulatory capital requirements. The excess of projected earnings over amounts required to maintain capital requirements is the maximum available for capital return to shareholders, barring any need to retain capital for other purposes. A significant portion of such excess earnings has been utilized for stock repurchases in the amounts noted above, while cash dividends have not been paid. In determining whether capital is returned through stock repurchases or cash dividends, the Company calculates a maximum share repurchase price, based upon comparisons with what it concludes to be other exemplar peer share price valuations, with further consideration of internal growth projections. As these share prices, which are updated at least annually, have not been reached, capital return has consisted solely of stock repurchases. Exemplar share price comparisons are based upon multiples of earnings per share over time, with further consideration of returns on equity and assets. While repurchase amounts are planned in the fourth quarter of the preceding year, repurchases may be modified or terminated at any time, should capital need to be conserved.

Regulatory Matters

Regulatory Matters	3 Months Ended
	Mar. 31, 2024
Regulatory Matters [Abstract]
Regulatory Matters	Note 13. 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. W ithout the prior approval of the OCC, a dividend may not be paid if the total of all dividends declared by a bank in any calendar year is in excess of the current year’s net income combined with the retained net income of the two preceding years. Additionally, a dividend may not be paid in excess of a bank’s retained earnings. Moreover, an insured depository institution may not pay a dividend if the payment would cause it to be less than “adequately capitalized” under the prompt corrective action framework as defined in the Federal Deposit Insurance Act or if the institution is in default in the payment of an assessment due to the FDIC. Similarly, a banking organization that fails to satisfy regulatory minimum capital conservation buffer requirements will be subject to certain limitations, which include restrictions on capital distributions . In addition to these explicit limitations, federal and state regulatory agencies are authorized to prohibit a banking subsidiary or financial hold ing 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. The following table sets forth our regulatory capital amounts and ratios for the periods indicated: Tier 1 capital Tier 1 capital Total capital Common equity to average to risk-weighted to risk-weighted tier 1 to risk assets ratio assets ratio assets ratio weighted assets As of March 31, 2024 The Bancorp, Inc. 10.87 % 15.76 % 16.35 % 15.76 % The Bancorp Bank, National Association 12.05 % 17.43 % 18.02 % 17.43 % "Well capitalized" institution (under federal regulations-Basel III) 5.00 % 8.00 % 10.00 % 6.50 % As of December 31, 2023 The Bancorp, Inc. 11.19 % 15.66 % 16.23 % 15.66 % The Bancorp Bank, National Association 12.37 % 17.35 % 17.92 % 17.35 % "Well capitalized" institution (under federal regulations-Basel III) 5.00 % 8.00 % 10.00 % 6.50 %

Legal

Legal	3 Months Ended
	Mar. 31, 2024
Legal [Abstract]
Legal	Note 14. 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 has filed an answer denying the allegations and continues to vigorously defend against the claims. The Bank and other defendants previously filed a motion to dismiss the action, but the motion was denied and the case is in preliminary stages of discovery. The Company is unable to determine whether the ultimate resolution of the matter will have a material adverse effect on the Company’s financial condition or operations. On September 14, 2021, Cachet Financial Services (“Cachet”) filed an adversary proceeding against the Bank in the U.S. Bankruptcy Court for the Central District of California, titled Cachet Financial Services, Plaintiff v. The Bancorp Bank, et al., Defendants . The case was filed within the context of Cachet’s pending Chapter 11 bankruptcy case. The Bank previously served as the Originating Depository Financial Institution (“ODFI”) for automated clearing house (“ACH”) transactions in connection with Cachet’s payroll services business. The matter arises from the Bank’s termination of its Payroll Processing ODFI Agreement with Cachet on October 23, 2019, for safety and soundness reasons. The initial complaint alleges eight causes of action: (i) breach of contract; (ii) negligence; (iii) intentional interference with contract; (iv) conversion; (v) express indemnity; (vi) implied indemnity; (vii) accounting; and (viii) objection to the Bank’s proof of claim in the bankruptcy case. On November 4, 2021, the Bank filed a motion in the U.S. District Court for the Central District of California to withdraw the reference of the adversary proceeding to the bankruptcy court, which was denied in February 2023. On August 3, 2022, Cachet served the Bank with a First Amended Complaint wherein Cachet, among other things, withdraws its implied indemnity claim against the Bank and adds several defendants unaffiliated with the Bank and causes of action related to those parties. As to the Bank, Cachet seeks approximately $ 150 million in damages, an accounting and disallowance of the Bank’s proof of claim. The Bank is vigorously defending against these claims. On September 28, 2022, the Bank filed a partial motion to dismiss, seeking to dispose of the majority of Cachet’s claims against the Bank. The motion is still pending before the bankruptcy court. The Company is not yet able to determine whether the ultimate resolution of this matter will have a material adverse effect on the Company’s financial conditions or operations. On March 27, 2023, the Bank received a Civil Investigative Demand (“CID”) from the Consumer Financial Protection Bureau (“CFPB”) seeking documents and information related to the Bank’s escheatment practices in connection with certain accounts offered through one of the Bank’s program partners. The Bank continues to cooperate with the CFPB, including by responding to the CID. While the Company remains confident in the Bank’s escheatment practices, it cannot predict the timing or final outcome of the investigation. Future costs related to this matter may be material and could continue to be material at least through the completion of the investigation . On September 8, 2023, Del Mar TIC I, LLC and Del Mar TIC II, LLC (together, “Del Mar”) filed a complaint against the Bank in the Supreme Court of the State of New York, New York County, captioned Del Mar TIC I, LLC and Del Mar TIC II, LLC, Plaintiffs v. The Bancorp Bank, Defendant . The complaint alleges, among other things, that the Bank improperly and unreasonably force-placed excessive insurance coverage on real property that serves as security for a loan from the Bank to Del Mar, and that the Bank is improperly paying the related insurance premiums from escrow funds. The complaint asserts five causes of action: (i) declaratory judgment; (ii) breach of fiduciary duty; (iii) breach of contract: implied covenant of good faith and fair dealing; (iv) breach of contract: escrow account; and (v) injunctive relief. On October 12, 2023, the Bank removed the case to the U.S. District Court for the Southern District of New York. The Bank is vigorously defending against the claims. On November 15, 2023, the Bank filed a motion to dismiss the complaint. Del Mar subsequently filed an amended complaint, but maintained the same causes of action. On December 22, 2023, the Bank filed a motion to dismiss the amended complaint, which is still pending. The Company is unable to determine whether the ultimate resolution of the matter will have a material adverse effect on the Company’s financial condition or operations. On November 21, 2023, TBBK Card Services, Inc. (“TBBK Card”), a wholly-owned subsidiary of the Bank, was served with a complaint filed in the Superior Court of the State of California, captioned People of the State of California, acting by and through San Francisco City Attorney David Chiu, Plaintiff v. InComm Financial Services, Inc., TBBK Card Services, Inc., Sutton Bank, Pathward, N.A., and Does 1-10, Defendants . The complaint principally alleges that the defendants engaged in unlawful, unfair or fraudulent business acts and practices related to the packaging of “Vanilla” prepaid cards and the refund process for unauthorized transactions that occurred due to card draining practices. On December 14, 2023, the case was removed to the U.S. District Court for the Northern District of California. On March 26, 2024, the case was remanded to the Superior Court of the State of California. TBBK Card intends to vigorously defend against the claims. The Company is not yet able to determine whether the ultimate resolution of this matter will have a material adverse effect on the Company’s financial conditions or operations. In addition, we are a party to various routine legal proceedings arising out of the ordinary course of our business. Management 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	3 Months Ended
	Mar. 31, 2024
Segment Financials [Abstract]
Segment Financials	Note 15. Segment Financials The Company operates under three segments: specialty finance, payments and corporate. The chief operating decision maker for these segments is the Chief Executive Officer. Specialty finance includes the origination of non-SBA commercial real estate loans, SBA loans, direct lease financing, 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. The following tables provide segment information for the periods indicated: For the three months ended March 31, 2024 Specialty finance Payments Corporate Total (Dollars in thousands) Interest income $ 112,621 $ 1 $ 23,187 $ 135,809 Interest allocation ( 33,986 ) 39,578 ( 5,592 ) — Interest expense 858 38,064 2,469 41,391 Net interest income 77,777 1,515 15,126 94,418 Provision for credit losses on loans 2,169 — — 2,169 Non-interest income 1,697 27,281 404 29,382 Non-interest expense 22,823 20,194 3,695 46,712 Income before taxes 54,482 8,602 11,835 74,919 Income tax expense — — 18,490 18,490 Net income (loss) $ 54,482 $ 8,602 $ ( 6,655 ) $ 56,429 For the three months ended March 31, 2023 Specialty finance Payments Corporate Total (Dollars in thousands) Interest income $ 105,392 $ 18 $ 16,766 $ 122,176 Interest allocation ( 32,935 ) 34,851 ( 1,916 ) — Interest expense 1,486 30,504 4,370 36,360 Net interest income 70,971 4,365 10,480 85,816 Provision for credit losses 1,903 — — 1,903 Non-interest income 3,417 25,528 44 28,989 Non-interest expense 21,479 19,217 7,334 48,030 Income before taxes 51,006 10,676 3,190 64,872 Income tax expense — — 15,750 15,750 Net income (loss) $ 51,006 $ 10,676 $ ( 12,560 ) $ 49,122 March 31, 2024 Specialty finance Payments Corporate Total (Dollars in thousands) Total assets $ 5,670,852 $ 31,081 $ 2,213,923 $ 7,915,856 Total liabilities $ 202,150 $ 6,580,568 $ 316,373 $ 7,099,091 December 31, 2023 Specialty finance Payments Corporate Total (Dollars in thousands) Total assets $ 5,682,035 $ 42,769 $ 1,980,891 $ 7,705,695 Total liabilities $ 238,042 $ 6,412,911 $ 247,461 $ 6,898,414

Subsequent Events

Subsequent Events	3 Months Ended
	Mar. 31, 2024
Subsequent Events [Abstract]
Subsequent Events	Note 16. Subsequent Events The Company evaluated its March 31, 2024 consolidated financial statements for subsequent events through the date the consolidated financial statements were issued. Pursuant to the 2024 Repurchase Program, described in “Note 12. Shareholders’ Equity,” between April 1, 2024 and May 3, 2024, the Company repurchased 726,422 shares of its common stock, at a total cost of $ 23.3 million and an average price of $ 32.14 per share . Subsequent to the quarter-end, the Company announced that the planned common stock share repurchase for the second quarter of 2024 pursuant to the 2024 Repurchase Program would be increased from $ 50.0 million to $ 100.0 million. In April 2024, the Company began purchasing additional U.S. government-sponsored agency fixed rate commercial and residential mortgage securities of varying maturities to reduce its exposure to lower levels of net interest income should the Federal Reserve begin decreasing rates. Such purchases would also reduce the additional net interest income which would result should the Federal Reserve increase rates. In April 2024, the Company purchased approximately $ 900 million of such securities, with respective estimated weighted average yields and lives of approximately 5.11 % and eight years .

Significant Accounting Polici_2

Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2024
Significant Accounting Policies [Abstract]
Basis Of Presentation	Basis of Presentation The financial statements of the Company, as of March 31, 2024 and for the three-month periods ended March 31, 2024 and 2023, 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 (“U.S. GAAP”) have been condensed or omitted in this Quarterly Report on Form 10-Q pursuant to the rules and regulations of the Securities and Exchange Commission (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, 2023 (the “2023 Form 10-K”). The results of operations for the three-month period ended March 31, 2024 may not necessarily be indicative of the results of operations for the full year ending December 31, 2024. There have been no significant changes as of March 31, 2024 from the Company’s significant accounting policies as described in the 2023 Form 10-K.

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	3 Months Ended
	Mar. 31, 2024
Stock-Based Compensation [Abstract]
Summary Of Status Of Company's Equity Compensations Plans	Weighted average remaining Weighted average contractual Aggregate Options exercise price term (years) intrinsic value Outstanding at January 1, 2024 622,677 $ 15.35 6.90 $ 14,453,641 Granted 45,616 43.89 9.87 — Exercised — — — — Expired — — — — Forfeited — — — — Outstanding at March 31, 2024 668,293 $ 17.30 6.87 $ 11,376,439 Exercisable at March 31, 2024 429,497 $ 12.89 6.37 $ 8,858,939
Summary Of Restricted Stock Units	Weighted average Average remaining grant date contractual RSUs fair value term (years) Outstanding at January 1, 2024 752,255 $ 32.53 1.66 Granted 355,965 43.89 2.86 Vested ( 312,619 ) 30.18 — Forfeited — — — Outstanding at March 31, 2024 795,601 $ 38.54 2.15
Fair Value Of Grant On Date Of Grant Using The Black-Scholes Options Pricing Model	March 31, 2024 2023 Risk-free interest rate 4.17 % 3.67 % Expected dividend yield — — Expected volatility 44.76 % 45.21 % Expected lives (years) 6.3 6.3

Earnings Per Share (Tables)

Earnings Per Share (Tables)	3 Months Ended
	Mar. 31, 2024
Earnings Per Share [Abstract]
Earnings Per Share	For the three months ended March 31, 2024 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 $ 56,429 52,747,140 $ 1.07 Effect of dilutive securities Common stock options and RSUs — 579,448 ( 0.01 ) Diluted earnings per share Net earnings available to common shareholders $ 56,429 53,326,588 $ 1.06 Stock options for 565,104 shares, exercisable at prices between $ 6.87 and $ 30.32 per share, were outstanding at March 31, 2024, and included in the diluted earnings per share computation because their exercise price per share was less than the average market price for the three-month period ending March 31, 2024 . Stock options for 103,189 shares were anti-dilutive and not included in the earnings per share calculation. For the three months ended March 31, 2023 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 $ 49,122 55,452,815 $ 0.89 Effect of dilutive securities Common stock options and RSUs — 595,327 ( 0.01 ) Diluted earnings per share Net earnings available to common shareholders $ 49,122 56,048,142 $ 0.88 Stock options for 465,104 shares, exercisable at prices between $ 6.87 and $ 18.81 per share, were outstanding at March 31, 2023, and included in the diluted earnings per share computation because their exercise price per share was less than the average market price for the three-month period ending March 31, 2023. Stock options for 157,573 shares were anti-dilutive and not included in the earnings per share calculation.

Investment Securities (Tables)

Investment Securities (Tables)	3 Months Ended
	Mar. 31, 2024
Investment Securities [Abstract]
Schedule Of Investment Securities Classified As Available-for-sale And Held-to-maturity	Available-for-sale March 31, 2024 Gross Gross Allowance Amortized unrealized unrealized for Fair cost gains losses Credit Losses value U.S. Government agency securities $ 33,598 $ 4 $ ( 1,638 ) $ — $ 31,964 Asset-backed securities (1) 305,500 163 ( 398 ) — 305,265 Tax-exempt obligations of states and political subdivisions 4,860 16 ( 70 ) — 4,806 Taxable obligations of states and political subdivisions 38,069 10 ( 992 ) — 37,087 Residential mortgage-backed securities 173,832 135 ( 10,456 ) — 163,511 Collateralized mortgage obligation securities 33,553 — ( 1,572 ) — 31,981 Commercial mortgage-backed securities 155,076 — ( 11,443 ) — 143,633 Corporate debt securities 10,000 — — ( 10,000 ) — $ 754,488 $ 328 $ ( 26,569 ) $ ( 10,000 ) $ 718,247 March 31, 2024 Gross Gross Amortized unrealized unrealized Fair (1) Asset-backed securities as shown above cost gains losses value Federally insured student loan securities $ 5,363 $ — $ ( 35 ) $ 5,328 Collateralized loan obligation securities 300,137 163 ( 363 ) 299,937 $ 305,500 $ 163 $ ( 398 ) $ 305,265 Available-for-sale December 31, 2023 Gross Gross Allowance Amortized unrealized unrealized for Fair cost gains losses Credit Losses value U.S. Government agency securities $ 35,346 $ 6 $ ( 1,466 ) $ — $ 33,886 Asset-backed securities (1) 327,159 9 ( 1,815 ) — 325,353 Tax-exempt obligations of states and political subdivisions 4,860 39 ( 48 ) — 4,851 Taxable obligations of states and political subdivisions 43,323 15 ( 952 ) — 42,386 Residential mortgage-backed securities 169,882 108 ( 9,223 ) — 160,767 Collateralized mortgage obligation securities 35,575 — ( 1,537 ) — 34,038 Commercial mortgage-backed securities 157,759 — ( 11,506 ) — 146,253 Corporate debt securities 10,000 — — ( 10,000 ) — $ 783,904 $ 177 $ ( 26,547 ) $ ( 10,000 ) $ 747,534 December 31, 2023 Gross Gross Amortized unrealized unrealized Fair (1) Asset-backed securities as shown above cost gains losses value Federally insured student loan securities $ 6,032 $ — $ ( 49 ) $ 5,983 Collateralized loan obligation securities 321,127 9 ( 1,766 ) 319,370 $ 327,159 $ 9 $ ( 1,815 ) $ 325,353
Amortized Cost And Fair Value Of Investment Securities By Contractual Maturity	Available-for-sale Amortized Fair cost value Due before one year $ 39,156 $ 38,632 Due after one year through five years 116,088 111,912 Due after five years through ten years 284,076 277,194 Due after ten years 315,168 290,509 $ 754,488 $ 718,247
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 16 $ 7,349 $ ( 165 ) $ 23,504 $ ( 1,473 ) $ 30,853 $ ( 1,638 ) Asset-backed securities 34 12,128 ( 3 ) 162,326 ( 395 ) 174,454 ( 398 ) Tax-exempt obligations of states and political subdivisions 3 — — 2,825 ( 70 ) 2,825 ( 70 ) Taxable obligations of states and political subdivisions 24 — — 34,326 ( 992 ) 34,326 ( 992 ) Residential mortgage-backed securities 130 10,014 ( 330 ) 132,395 ( 10,126 ) 142,409 ( 10,456 ) Collateralized mortgage obligation securities 20 — — 31,981 ( 1,572 ) 31,981 ( 1,572 ) Commercial mortgage-backed securities 40 — — 143,633 ( 11,443 ) 143,633 ( 11,443 ) Total unrealized loss position investment securities 267 $ 29,491 $ ( 498 ) $ 530,990 $ ( 26,071 ) $ 560,481 $ ( 26,569 ) The table below indicates the length of time individual securities had been in a continuous unrealized loss position at December 31, 2023 (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 15 $ 14,945 $ ( 302 ) $ 17,697 $ ( 1,164 ) $ 32,642 $ ( 1,466 ) Asset-backed securities 53 — — 314,749 ( 1,815 ) 314,749 ( 1,815 ) Tax-exempt obligations of states and political subdivisions 3 997 ( 3 ) 1,850 ( 45 ) 2,847 ( 48 ) Taxable obligations of states and political subdivisions 25 — — 39,621 ( 952 ) 39,621 ( 952 ) Residential mortgage-backed securities 132 20,884 ( 491 ) 126,645 ( 8,732 ) 147,529 ( 9,223 ) Collateralized mortgage obligation securities 20 — — 34,038 ( 1,537 ) 34,038 ( 1,537 ) Commercial mortgage-backed securities 40 — — 146,253 ( 11,506 ) 146,253 ( 11,506 ) Total unrealized loss position investment securities 288 $ 36,826 $ ( 796 ) $ 680,853 $ ( 25,751 ) $ 717,679 $ ( 26,547 )

Loans (Tables)

Loans (Tables)	3 Months Ended
	Mar. 31, 2024
Loans [Abstract]
Major Classifications Of Loans	March 31, December 31, 2024 2023 SBL non-real estate $ 140,956 $ 137,752 SBL commercial mortgage 637,926 606,986 SBL construction 27,290 22,627 SBLs 806,172 767,365 Direct lease financing 702,512 685,657 SBLOC / IBLOC (1) 1,550,313 1,627,285 Advisor financing (2) 232,206 221,612 Real estate bridge loans 2,101,896 1,999,782 Other loans (3) 56,163 50,638 5,449,262 5,352,339 Unamortized loan fees and costs 10,082 8,800 Total loans, including unamortized loan fees and costs $ 5,459,344 $ 5,361,139 March 31, December 31, 2024 2023 SBLs, including costs net of deferred fees of $ 9,979 and $ 9,502 for March 31, 2024 and December 31, 2023, respectively $ 816,151 $ 776,867 SBLs included in commercial loans, at fair value 109,131 119,287 Total SBLs (4) $ 925,282 $ 896,154 (1) SBLOC are collateralized by marketable securities, while IBLOC are collateralized by the cash surrender value of insurance policies. At March 31, 2024 and December 31, 2023, IBLOC loans amounted to $ 595.6 million and $ 646.9 million, respectively. (2) In 2020, the Bank began originating loans to investment advisors for purposes of debt refinancing, acquisition of another firm or internal succession. Maximum loan amounts are subject to loan-to-value ratios of 70 % of the business enterprise value based on a third-party valuation, but may be increased depending upon the debt service coverage ratio. Personal guarantees and blanket business liens are obtained as appropriate. (3) Includes demand deposit overdrafts reclassified as loan balances totaling $ 239,000 and $ 1.7 million at March 31, 2024 and December 31, 2023, respectively. Estimated overdraft charge-offs and recoveries are reflected in the ACL and are immaterial. (4) The SBLs held at fair value are comprised of the government guaranteed portion of 7(a) Program (as defined below) loans at the dates indicated.
Impaired Loans	March 31, 2024 Recorded investment Unpaid principal balance Related ACL Average recorded investment Interest income recognized Without an ACL recorded SBL non-real estate $ 1,054 $ 2,356 $ — $ 788 $ — SBL commercial mortgage 3,301 3,301 — 2,424 — Direct lease financing 170 176 — 169 — Other loans — — — 66 — Real estate bridge loans 39,400 39,400 — 19,700 — Consumer - home equity 227 227 — 228 3 With an ACL recorded SBL non-real estate 929 929 ( 618 ) 1,163 1 SBL commercial mortgage 182 182 ( 41 ) 508 — SBL construction 3,385 3,385 ( 44 ) 3,385 — Direct lease financing 4,677 4,902 ( 2,618 ) 4,147 — Total SBL non-real estate 1,983 3,285 ( 618 ) 1,951 1 SBL commercial mortgage 3,483 3,483 ( 41 ) 2,932 — SBL construction 3,385 3,385 ( 44 ) 3,385 — Direct lease financing 4,847 5,078 ( 2,618 ) 4,316 — Other loans — — — 66 — Real estate bridge loans 39,400 39,400 — 19,700 — Consumer - home equity 227 227 — 228 3 $ 53,325 $ 54,858 $ ( 3,321 ) $ 32,578 $ 4 December 31, 2023 Recorded investment Unpaid principal balance Related ACL Average recorded investment Interest income recognized Without an ACL recorded SBL non-real estate $ 522 $ 1,714 $ — $ 380 $ — SBL commercial mortgage 1,546 1,546 — 1,028 — Direct lease financing 167 167 — 78 — Legacy commercial real estate — — — 2,131 — Consumer - home equity 230 230 — 255 8 With an ACL recorded SBL non-real estate 1,397 1,397 ( 670 ) 1,011 3 SBL commercial mortgage 835 835 ( 343 ) 1,553 — SBL construction 3,385 3,385 ( 44 ) 3,385 — Direct lease financing 3,618 3,804 ( 1,827 ) 2,814 — IBLOC — — — 95 — Legacy commercial real estate — — — 710 Other loans 132 132 ( 4 ) 384 — Total SBL non-real estate 1,919 3,111 ( 670 ) 1,391 3 SBL commercial mortgage 2,381 2,381 ( 343 ) 2,581 — SBL construction 3,385 3,385 ( 44 ) 3,385 — Direct lease financing 3,785 3,971 ( 1,827 ) 2,892 — IBLOC — — — 95 — Legacy commercial real estate and Other loans 132 132 ( 4 ) 3,225 — Consumer - home equity 230 230 — 255 8 $ 11,832 $ 13,210 $ ( 2,888 ) $ 13,824 $ 11
Summary Of Non-Accrual Loans With And Without Allowance For Credit Losses	March 31, 2024 December 31, 2023 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 $ 855 $ 1,054 $ 1,909 $ 1,842 SBL commercial mortgage 182 3,301 3,483 2,381 SBL construction 3,385 — 3,385 3,385 Direct leasing 4,677 170 4,847 3,785 Real estate bridge loans (1) — 39,400 39,400 — Other loans — — — 132 $ 9,099 $ 43,925 $ 53,024 $ 11,525 (1) In the first quarter of 2024, a $ 39.4 million apartment building rehabilitation bridge loan was transferred to nonaccrual status. On April 2, 2024, the same loan was transferred from nonaccrual status to other real estate owned. We intend to continue to manage the capital improvements on the underlying apartment complex. As the units become available for lease, the property manager will be tasked with leasing these units at market rents. The Company intends to explore a potential sale of the asset prior to stabilization. The $ 39.4 million loan balance compares to a September 2023 third party “as is” appraisal of $ 47.8 million, or an 82 % “as is” loan to value (“LTV”) , with additional potential collateral value as construction progresses, and units are re-leased at stabilized rental rates . The $ 39.4 million loan, as well as the other non-accrual balances in this table as of March 31, 2024, are also reflected in the substandard loan totals.
Non-accrual Loans, Loans Past Due 90 Days And Other Real Estate Owned And Delinquent Loans By Loan Category	March 31, December 31, 2024 2023 (Dollars in thousands) Non-accrual loans SBL non-real estate $ 1,909 $ 1,842 SBL commercial mortgage 3,483 2,381 SBL construction 3,385 3,385 Direct leasing 4,847 3,785 Real estate bridge loans (1) 39,400 — Other loans — 132 Total non-accrual loans 53,024 11,525 Loans past due 90 days or more and still accruing (2) 4,108 1,744 Total non-performing loans 57,132 13,269 OREO (3) 19,559 16,949 Total non-performing assets $ 76,691 $ 30,218 (1) In the first quarter of 2024, a $ 39.4 million apartment building rehabilitation bridge loan was transferred to nonaccrual status. On April 2, 2024, the same loan was transferred from nonaccrual status to other real estate owned. We intend to continue to manage the capital improvements on the underlying apartment complex. As the units become available for lease, the property manager will be tasked with leasing these units at market rents. The Company intends to explore a potential sale of the asset prior to stabilization. The $ 39.4 million loan balance compares to a September 2023 third party “as is” appraisal of $ 47.8 million, or an 82 % “as is” loan to value (“LTV”) , with additional potential collateral value as construction progresses, and units are re-leased at stabilized rental rates. The $ 39.4 million loan as well as the other non-accrual balances in this table as of March 31, 2024 are reflected in the substandard loan totals in Note 6 to the financial statements. (2) The vast majority of the increase in Loans past due 90 days or more and still accruing resulted from vehicle leases to governmental entities and municipalities, the payments for which are sometimes subject to administrative delays. (3 ) The increase in OREO reflected the addition of a $ 2.6 million hotel securing an SBA loan. Should a loss be realized on the sale of this property, we believe that any such loss will be offset by a 75 % SBA Guarantee, consistent with other such reimbursements from the SBA.
Summary Of Loans Modified And Related Information	March 31, 2024 December 31, 2023 Payment delay as a result of a payment deferral Interest rate reduction and payment deferral Total Percent of total loan category Payment delay as a result of a payment deferral Payment delay and term extension Total Percent of total loan category SBL non-real estate $ 2,224 $ — $ 2,224 1.58 % $ 651 $ — $ 651 0.47 % SBL commercial mortgage 3,328 — 3,328 0.52 % — — — — Direct lease financing — — — — — 127 127 0.02 % Real estate bridge lending (1) 26,923 32,500 59,423 2.83 % — 12,300 12,300 0.62 % Total $ 32,475 $ 32,500 $ 64,975 1.19 % $ 651 $ 12,427 $ 13,078 0.24 % (1) For the period ended March 31, 2024, the “as is” weighted average LTV of the real estate bridge lending balances was less than 72.5 %, and the “as stabilized” LTV was approximately 68 % based upon recent appraisals. “As stabilized” LTVs reflect the third-party appraiser’s estimated value after the rehabilitation is complete. For the period ended December 31, 2023, the weighted average loan to value was less than 70 %, based on recent "as is" appraised value. On each property reflected in the balances, apartment improvements and renovations continue, utilizing additional borrower capital. The balances for both periods were also classified as either special mention or substandard as of March 31, 2024.
Summary Of Restructured Loans During Twelve Months	March 31, 2024 Payment Status (Amortized Cost Basis) 30-59 Days 60-89 Days 90+ Days Total past due past due still accruing Non-accrual delinquent Current Total SBL non-real estate $ — $ — $ — $ 790 $ 790 $ 1,434 $ 2,224 SBL commercial mortgage — — — — — 3,328 3,328 Real estate bridge lending (1) — — — — — 59,423 59,423 $ — $ — $ — $ 790 $ 790 $ 64,185 $ 64,975 December 31, 2023 Payment Status (Amortized Cost Basis) 30-59 Days 60-89 Days 90+ Days Total past due past due still accruing Non-accrual delinquent Current Total SBL non-real estate $ — $ — $ — $ 156 $ 156 $ 495 $ 651 Direct lease financing — — — 127 127 — 127 Real estate bridge lending (1) — — — — — 12,300 12,300 $ — $ — $ — $ 283 $ 283 $ 12,795 $ 13,078 (1) For the period ended March 31, 2024, the “as is” weighted average LTV of the real estate bridge lending balances was less than 72.5 %, and the “as stabilized” LTV was approximately 68 % based upon recent appraisals. “As stabilized” LTVs reflect the third-party appraiser’s estimated value after the rehabilitation is complete. For the period ended December 31, 2023, the weighted average loan to value was less than 70 %, based on recent "as is" appraised value. On each property reflected in the balances, apartment improvements and renovations continue, utilizing additional borrower capital. The balances for both periods were also classified as either special mention or substandard as of March 31, 2024.
Summary of Financial Effect of Modifications to Troubled Borrowers	March 31, 2024 December 31, 2023 Combined Rate and Maturity Combined Rate and Maturity Weighted average interest reduction Weighted average term extension (in months) More-Than-Insignificant-Payment Delay (2) Weighted average interest reduction Weighted average term extension (in months) More-Than-Insignificant-Payment Delay (2) SBL non-real estate — — 1.58 % — — 0.47 % SBL commercial mortgage — — 0.52 % — — — Direct lease financing — — — — 3 — Real estate bridge lending (1) 1.68 % — 1.28 % — 12 — (1) For the period ended March 31, 2024, the “as is” weighted average LTV of the real estate bridge lending balances was less than 72.5 %, and the “as stabilized” LTV was approximately 68 % based upon recent appraisals. “As stabilized” LTVs reflect the third-party appraiser’s estimated value after the rehabilitation is complete. For the period ended December 31, 2023, the weighted average loan to value was less than 70 %, based on recent "as is" appraised value. On each property reflected in the balances, apartment improvements and renovations continue, utilizing additional borrower capital. The balances for both periods were also classified as either special mention or substandard as of March 31, 2024. (2) Percentage represents the principal of loans deferred divided by the principal of the total loan portfolio.
Summary Of Restructured Loans Within The Last Twelve Months That Have Subsequently Defaulted	March 31, 2024 Number Pre-modification recorded investment Legacy commercial real estate 1 3,552 Total 1 $ 3,552
Summary Of Gross Loans Held For Investment By Year Of Origination And Internally Assigned Credit Grade	As of March 31, 2024 2024 2023 2022 2021 2020 Prior Revolving loans at amortized cost Total SBL non real estate Non-rated $ 587 $ — $ — $ — $ — $ — $ — $ 587 Pass 4,574 53,009 30,892 25,574 8,510 7,421 — 129,980 Special mention — 447 318 257 273 590 — 1,885 Substandard — — 495 531 682 874 — 2,582 Total SBL non-real estate 5,161 53,456 31,705 26,362 9,465 8,885 — 135,034 SBL commercial mortgage Pass 33,607 131,474 142,746 85,168 67,445 154,876 — 615,316 Special mention — 375 — 10,759 91 1,352 — 12,577 Substandard — — — 1,755 452 3,129 — 5,336 Total SBL commercial mortgage 33,607 131,849 142,746 97,682 67,988 159,357 — 633,229 SBL construction Pass 2,323 5,764 1,685 5,537 927 4,579 — 20,815 Special mention — — — 3,090 — — — 3,090 Substandard — — — 2,675 — 710 — 3,385 Total SBL construction 2,323 5,764 1,685 11,302 927 5,289 — 27,290 Direct lease financing Non-rated 1,977 — — — — — — 1,977 Pass 85,404 276,002 199,452 80,585 31,373 16,772 — 689,588 Special mention — 94 1,648 978 213 85 — 3,018 Substandard — 1,085 4,763 1,509 340 232 — 7,929 Total direct lease financing 87,381 277,181 205,863 83,072 31,926 17,089 — 702,512 SBLOC Non-rated — — — — — — 1,690 1,690 Pass — — — — — — 953,061 953,061 Total SBLOC — — — — — — 954,751 954,751 IBLOC Pass — — — — — — 594,985 594,985 Substandard — — — — — — 577 577 Total IBLOC — — — — — — 595,562 595,562 Advisor financing Pass 15,324 90,955 60,599 31,104 23,423 — — 221,405 Special mention — — 1,076 8,818 907 — — 10,801 Total advisor financing 15,324 90,955 61,675 39,922 24,330 — — 232,206 Real estate bridge loans Pass 109,086 418,012 965,541 444,077 — — — 1,936,716 Special mention (1) — — 64,067 16,913 — — — 80,980 Substandard (1) — — 32,500 51,700 — — — 84,200 Total real estate bridge loans 109,086 418,012 1,062,108 512,690 — — — 2,101,896 Other loans Non-rated 8,977 — — — — 12,954 — 21,931 Pass 10 165 259 358 2,608 39,567 1,554 44,521 Special mention — — — — — 330 — 330 Total other loans (2) 8,987 165 259 358 2,608 52,851 1,554 66,782 $ 261,869 $ 977,382 $ 1,506,041 $ 771,388 $ 137,244 $ 243,471 $ 1,551,867 $ 5,449,262 Unamortized loan fees and costs — — — — — — — 10,082 Total $ 5,459,344 (1) At March 31, 2024, substandard real estate bridge loan amounts of $ 32.5 million and $ 12.3 million are reflected in the loan modification tables and the $ 39.4 million is reflected in the non-accrual tables. For the substandard real estate bridge loans, recent appraisals reflect a respective weighted average “as is” LTV of 79 % and a further estimated 76 % “as stabilized” LTV. The “as stabilized” LTV reflects the third-party appraiser’s estimate of value after rehabilitation is complete. (2) Included in Other loans are $ 10.6 million of SBA loans purchased for Community Reinvestment Act (“CRA”) purposes as of March 31, 2024. These loans are classified as SBL in the Company’s loan table, which classifies loans by type, as opposed to risk characteristics. As of December 31, 2023 2023 2022 2021 2020 2019 Prior Revolving loans at amortized cost Total SBL non real estate Non-rated $ 507 $ — $ — $ — $ — $ — $ — $ 507 Pass 47,066 32,512 26,919 9,662 4,334 5,357 — 125,850 Special mention 460 — 258 1,101 119 337 — 2,275 Substandard — 495 632 564 250 562 — 2,503 Total SBL non-real estate 48,033 33,007 27,809 11,327 4,703 6,256 — 131,135 SBL commercial mortgage Pass 128,375 138,281 93,399 67,635 58,550 98,704 — 584,944 Special mention 375 — 10,764 — 595 1,363 — 13,097 Substandard — — — 452 1,853 1,928 — 4,233 Total SBL commercial mortgage 128,750 138,281 104,163 68,087 60,998 101,995 — 602,274 SBL construction Pass 2,848 5,966 1,877 927 4,534 — — 16,152 Special mention — — 3,090 — — — — 3,090 Substandard — — 2,675 — — 710 — 3,385 Total SBL construction 2,848 5,966 7,642 927 4,534 710 — 22,627 . Direct lease financing Non-rated 1,273 — — — — — — 1,273 Pass 302,362 221,768 92,945 37,664 17,469 4,349 — 676,557 Special mention — 666 202 125 146 — — 1,139 Substandard 135 3,898 1,998 372 184 101 — 6,688 Total direct lease financing 303,770 226,332 95,145 38,161 17,799 4,450 — 685,657 SBLOC Non-rated — — — — — — 3,261 3,261 Pass — — — — — — 977,158 977,158 Total SBLOC — — — — — — 980,419 980,419 IBLOC Pass — — — — — — 646,230 646,230 Substandard — — — — — — 636 636 Total IBLOC — — — — — — 646,866 646,866 Advisor financing Pass 92,273 63,083 40,994 24,321 — — — 220,671 Special mention — — — 941 — — — 941 Total advisor financing 92,273 63,083 40,994 25,262 — — — 221,612 Real estate bridge loans Pass 397,073 1,013,199 461,474 — — — — 1,871,746 Special mention — 59,423 16,913 — — — — 76,336 Substandard — — 51,700 — — — — 51,700 Total real estate bridge loans 397,073 1,072,622 530,087 — — — — 1,999,782 Other loans Non-rated 2,555 — — — — 11,513 — 14,068 Pass 165 260 363 2,609 2,314 40,101 1,593 47,405 Special mention — — — — — 362 — 362 Substandard — — — — — 132 — 132 Total other loans (1) 2,720 260 363 2,609 2,314 52,108 1,593 61,967 Total $ 975,467 $ 1,539,551 $ 806,203 $ 146,373 $ 90,348 $ 165,519 $ 1,628,878 $ 5,352,339 Unamortized loan fees and costs — — — — — — — 8,800 Total $ 5,361,139 (1) Included in Other loans are $ 11.3 million of SBA loans purchased for CRA purposes as of December 31, 2023. These loans are classified as SBL in the Company’s loan table, which classifies loans by type, as opposed to risk characteristics.
Changes In Allowance For Loan And Lease Losses By Loan Category	March 31, 2024 SBL non-real estate SBL commercial mortgage SBL construction Direct lease financing SBLOC / IBLOC Advisor financing Real estate bridge loans Other loans Deferred fees and costs Total Beginning 1/1/2024 $ 6,059 $ 2,820 $ 285 $ 10,454 $ 813 $ 1,662 $ 4,740 $ 545 $ — $ 27,378 Charge-offs ( 111 ) — — ( 919 ) — — — ( 6 ) — ( 1,036 ) Recoveries 4 — — 32 — — — — — 36 Provision (credit) (1) 106 ( 264 ) 58 2,276 ( 38 ) 80 149 ( 4 ) — 2,363 Ending balance $ 6,058 $ 2,556 $ 343 $ 11,843 $ 775 $ 1,742 $ 4,889 $ 535 $ — $ 28,741 Ending balance: Individually evaluated for expected credit loss $ 618 $ 41 $ 44 $ 2,618 $ — $ — $ — $ — $ — $ 3,321 Ending balance: Collectively evaluated for expected credit loss $ 5,440 $ 2,515 $ 299 $ 9,225 $ 775 $ 1,742 $ 4,889 $ 535 $ — $ 25,420 Loans: Ending balance $ 140,956 $ 637,926 $ 27,290 $ 702,512 $ 1,550,313 $ 232,206 $ 2,101,896 $ 56,163 $ 10,082 $ 5,459,344 Ending balance: Individually evaluated for expected credit loss $ 1,983 $ 3,483 $ 3,385 $ 4,847 $ — $ — $ 39,400 $ 227 $ — $ 53,325 Ending balance: Collectively evaluated for expected credit loss $ 138,973 $ 634,443 $ 23,905 $ 697,665 $ 1,550,313 $ 232,206 $ 2,062,496 $ 55,936 $ 10,082 $ 5,406,019 December 31, 2023 SBL non-real estate SBL commercial mortgage SBL construction Direct lease financing SBLOC / IBLOC Advisor financing Real estate bridge loans Other loans Deferred fees and costs Total Beginning 1/1/2023 $ 5,028 $ 2,585 $ 565 $ 7,972 $ 1,167 $ 1,293 $ 3,121 $ 643 $ — $ 22,374 Charge-offs ( 871 ) ( 76 ) — ( 3,666 ) ( 24 ) — — ( 3 ) — ( 4,640 ) Recoveries 475 75 — 330 — — — 299 — 1,179 Provision (credit) (1) 1,427 236 ( 280 ) 5,818 ( 330 ) 369 1,619 ( 394 ) — 8,465 Ending balance $ 6,059 $ 2,820 $ 285 $ 10,454 $ 813 $ 1,662 $ 4,740 $ 545 $ — $ 27,378 Ending balance: Individually evaluated for expected credit loss $ 670 $ 343 $ 44 $ 1,827 $ — $ — $ — $ 4 $ — $ 2,888 Ending balance: Collectively evaluated for expected credit loss $ 5,389 $ 2,477 $ 241 $ 8,627 $ 813 $ 1,662 $ 4,740 $ 541 $ — $ 24,490 Loans: Ending balance $ 137,752 $ 606,986 $ 22,627 $ 685,657 $ 1,627,285 $ 221,612 $ 1,999,782 $ 50,638 $ 8,800 $ 5,361,139 Ending balance: Individually evaluated for expected credit loss $ 1,919 $ 2,381 $ 3,385 $ 3,785 $ — $ — $ — $ 362 $ — $ 11,832 Ending balance: Collectively evaluated for expected credit loss $ 135,833 $ 604,605 $ 19,242 $ 681,872 $ 1,627,285 $ 221,612 $ 1,999,782 $ 50,276 $ 8,800 $ 5,349,307 March 31, 2023 SBL non-real estate SBL commercial mortgage SBL construction Direct lease financing SBLOC / IBLOC Advisor financing Real estate bridge loans Other loans Deferred fees and costs Total Beginning 1/1/2023 $ 5,028 $ 2,585 $ 565 $ 7,972 $ 1,167 $ 1,293 $ 3,121 $ 643 $ — $ 22,374 Charge-offs ( 214 ) — — ( 905 ) — — — ( 3 ) — ( 1,122 ) Recoveries 202 75 — 67 — — — — — 344 Provision (credit) (1) 290 ( 179 ) ( 75 ) 2,054 ( 140 ) 128 156 ( 36 ) — 2,198 Ending balance $ 5,306 $ 2,481 $ 490 $ 9,188 $ 1,027 $ 1,421 $ 3,277 604 $ — $ 23,794 Ending balance: Individually evaluated for expected credit loss $ 458 $ 481 $ 44 $ 689 $ — $ — $ — $ 12 $ — $ 1,684 Ending balance: Collectively evaluated for expected credit loss $ 4,848 $ 2,000 $ 446 $ 8,499 $ 1,027 $ 1,421 $ 3,277 $ 592 $ — $ 22,110 Loans: Ending balance $ 114,334 $ 492,798 $ 33,116 $ 652,541 $ 2,053,450 $ 189,425 $ 1,752,322 $ 60,210 $ 6,151 $ 5,354,347 Ending balance: Individually evaluated for expected credit loss $ 1,160 $ 2,948 $ 3,385 $ 1,381 $ — $ — $ — $ 4,388 $ — $ 13,262 Ending balance: Collectively evaluated for expected credit loss $ 113,174 $ 489,850 $ 29,731 $ 651,160 $ 2,053,450 $ 189,425 $ 1,752,322 $ 55,822 $ 6,151 $ 5,341,085 (1) The amount shown as the provision for credit losses for the period reflects the provision on credit losses for loans, while the consolidated statements of operations provision for credit losses includes provisions for unfunded commitments as follows: $ 194,000 for the three months ended March 31, 2024, $ 295,000 provision reversal for the three months ended March 31, 2023, and $ 135,000 (credit) million for full year 2023.
Schedule Of Net Charge-offs, Classified By Year Of The Loan Origination	As of March 31, 2024 2024 2023 2022 2021 2020 Prior Total SBL non-real estate Current period charge-offs $ — $ — $ — $ ( 101 ) $ — $ ( 10 ) $ ( 111 ) Current period recoveries — — — — — 4 4 Current period SBL non-real estate net charge-offs — — — ( 101 ) — ( 6 ) ( 107 ) SBL commercial mortgage Current period charge-offs — — — — — — — Current period recoveries — — — — — — — Current period SBL commercial mortgage net charge-offs — — — — — — — SBL construction Current period charge-offs — — — — — — — Current period recoveries — — — — — — — Current period SBL construction net charge-offs — — — — — — — Direct lease financing Current period charge-offs ( 3 ) ( 20 ) ( 621 ) ( 250 ) ( 19 ) ( 6 ) ( 919 ) Current period recoveries — — 8 14 5 5 32 Current period direct lease financing net charge-offs ( 3 ) ( 20 ) ( 613 ) ( 236 ) ( 14 ) ( 1 ) ( 887 ) SBLOC Current period charge-offs — — — — — — — Current period recoveries — — — — — — — Current period SBLOC net charge-offs — — — — — — — IBLOC Current period charge-offs — — — — — — — Current period recoveries — — — — — — — Current period IBLOC net charge-offs — — — — — — — Advisor financing Current period charge-offs — — — — — — — Current period recoveries — — — — — — — Current period advisor financing net charge-offs — — — — — — — Real estate bridge loans Current period charge-offs — — — — — — — Current period recoveries — — — — — — — Current period real estate bridge loans net charge-offs — — — — — — — Other loans Current period charge-offs — ( 6 ) — — — — ( 6 ) Current period recoveries — — — — — — — Current period other loans net recoveries — ( 6 ) — — — — ( 6 ) Total Current period charge-offs ( 3 ) ( 26 ) ( 621 ) ( 351 ) ( 19 ) ( 16 ) ( 1,036 ) Current period recoveries — — 8 14 5 9 36 Current period net charge-offs $ ( 3 ) $ ( 26 ) $ ( 613 ) $ ( 337 ) $ ( 14 ) $ ( 7 ) $ ( 1,000 ) As of December 31, 2023 2023 2022 2021 2020 2019 Prior Total SBL non-real estate Current period charge-offs $ — $ — $ — $ — $ — $ ( 871 ) $ ( 871 ) Current period recoveries — — — — — 475 475 Current period SBL non-real estate net charge-offs — — — — — ( 396 ) ( 396 ) SBL commercial mortgage Current period charge-offs — — — — — ( 76 ) ( 76 ) Current period recoveries — — — — — 75 75 Current period SBL commercial mortgage net charge-offs — — — — — ( 1 ) ( 1 ) SBL construction Current period charge-offs — — — — — — — Current period recoveries — — — — — — — Current period SBL construction net charge-offs — — — — — — — Direct lease financing Current period charge-offs ( 138 ) ( 2,138 ) ( 1,117 ) ( 234 ) ( 39 ) — ( 3,666 ) Current period recoveries — 48 168 96 — 18 330 Current period direct lease financing net charge-offs ( 138 ) ( 2,090 ) ( 949 ) ( 138 ) ( 39 ) 18 ( 3,336 ) SBLOC Current period charge-offs — — — — — — — Current period recoveries — — — — — — — Current period SBLOC net charge-offs — — — — — — — IBLOC Current period charge-offs — ( 12 ) ( 12 ) — — — ( 24 ) Current period recoveries — — — — — — — Current period IBLOC net charge-offs — ( 12 ) ( 12 ) — — — ( 24 ) Advisor financing Current period charge-offs — — — — — — — Current period recoveries — — — — — — — Current period advisor financing net charge-offs — — — — — — — Real estate bridge loans Current period charge-offs — — — — — — — Current period recoveries — — — — — — — Current period real estate bridge loans net charge-offs — — — — — — — Other loans Current period charge-offs — — — — — ( 3 ) ( 3 ) Current period recoveries — — — — — 299 299 Current period other loans net charge-offs — — — — — 296 296 Total Current period charge-offs ( 138 ) ( 2,150 ) ( 1,129 ) ( 234 ) ( 39 ) ( 950 ) ( 4,640 ) Current period recoveries — 48 168 96 — 867 1,179 Current period net charge-offs $ ( 138 ) $ ( 2,102 ) $ ( 961 ) $ ( 138 ) $ ( 39 ) $ ( 83 ) $ ( 3,461 )
Delinquent Loans By Loan Category	March 31, 2024 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 $ 130 $ 695 $ 157 $ 1,909 $ 2,891 $ 138,065 $ 140,956 SBL commercial mortgage 273 — — 3,483 3,756 634,170 637,926 SBL construction — — — 3,385 3,385 23,905 27,290 Direct lease financing 4,133 2,307 3,700 4,847 14,987 687,525 702,512 SBLOC / IBLOC 19,941 1,861 248 — 22,050 1,528,263 1,550,313 Advisor financing — — — — — 232,206 232,206 Real estate bridge loans — 9,467 — 39,400 48,867 2,053,029 2,101,896 Other loans 73 1 3 — 77 56,086 56,163 Unamortized loan fees and costs — — — — — 10,082 10,082 $ 24,550 $ 14,331 $ 4,108 $ 53,024 $ 96,013 $ 5,363,331 $ 5,459,344 December 31, 2023 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 $ 84 $ 333 $ 336 $ 1,842 $ 2,595 $ 135,157 $ 137,752 SBL commercial mortgage 2,183 — — 2,381 4,564 602,422 606,986 SBL construction — — — 3,385 3,385 19,242 22,627 Direct lease financing 5,163 1,209 485 3,785 10,642 675,015 685,657 SBLOC / IBLOC 21,934 3,607 745 — 26,286 1,600,999 1,627,285 Advisor financing — — — — — 221,612 221,612 Real estate bridge loans — — — — — 1,999,782 1,999,782 Other loans 853 76 178 132 1,239 49,399 50,638 Unamortized loan fees and costs — — — — — 8,800 8,800 $ 30,217 $ 5,225 $ 1,744 $ 11,525 $ 48,711 $ 5,312,428 $ 5,361,139
Scheduled Undiscounted Cash Flows Of Direct Financing Leases	Remaining 2024 $ 164,137 2025 164,935 2026 142,499 2027 73,403 2028 31,181 2029 and thereafter 5,053 Total undiscounted cash flows 581,208 Residual value (1) 218,200 Difference between undiscounted cash flows and discounted cash flows ( 96,896 ) Present value of lease payments recorded as lease receivables $ 702,512 (1) Of the $ 218,200,000 , $ 44,941,000 is not guaranteed by the lessee or other guarantors.

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Mar. 31, 2024
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Carrying Amount And Estimated Fair Value Of Assets And Liabilities	March 31, 2024 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 $ 718,247 $ 718,247 $ — $ 706,176 $ 12,071 Federal Reserve, FHLB and ACBB stock 15,642 15,642 — — 15,642 Commercial loans, at fair value 282,998 282,998 — — 282,998 Loans, net of deferred loan fees and costs 5,459,344 5,411,026 — — 5,411,026 Interest rate swaps, asset 312 312 — 312 — Demand and interest checking 6,828,159 6,828,159 — 6,828,159 — Savings and money market 62,597 62,597 — 62,597 — Senior debt 95,948 91,362 — 91,362 — Subordinated debentures 13,401 11,347 — — 11,347 December 31, 2023 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 $ 747,534 $ 747,534 $ — $ 735,463 $ 12,071 Federal Reserve, FHLB and ACBB stock 15,591 15,591 — — 15,591 Commercial loans, at fair value 332,766 332,766 — — 332,766 Loans, net of deferred loan fees and costs 5,361,139 5,329,436 — — 5,329,436 Interest rate swaps, asset 285 285 — 285 — Demand and interest checking 6,630,251 6,630,251 — 6,630,251 — Savings and money market 50,659 50,659 — 50,659 — Senior debt 95,859 96,539 — 96,539 — Subordinated debentures 13,401 11,470 — — 11,470 Securities sold under agreements to repurchase 42 42 42 — —
Changes In Company's Level 3 Assets	Fair Value Measurements Using Significant Unobservable Inputs (Level 3) Available-for-sale Commercial loans, securities at fair value March 31, 2024 December 31, 2023 March 31, 2024 December 31, 2023 Beginning balance $ 12,071 $ 20,023 $ 332,766 $ 589,143 Transfers to OREO — — ( 1,978 ) ( 2,686 ) Total net (losses) or gains (realized/unrealized) Included in earnings — — 1,069 3,869 Included in earnings (included in credit loss) — ( 10,000 ) — — Included in other comprehensive income/(loss) — 2,048 — — Purchases, issuances, sales and settlements Issuances — — — 134,256 Settlements — — ( 48,859 ) ( 391,816 ) Ending balance $ 12,071 $ 12,071 $ 282,998 $ 332,766 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. $ — $ — $ — $ ( 3,085 )
Schedule Of Other Real Estate Owned	March 31, 2024 December 31, 2023 Beginning balance $ 16,949 $ 21,210 Transfer from loans, net 632 — Transfer from commercial loans, at fair value 1,978 2,686 Write-downs — ( 1,147 ) Sales — ( 5,800 ) Ending balance $ 19,559 $ 16,949
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 March 31, 2024 (Level 1) (Level 2) (Level 3) Investment securities, available-for-sale U.S. Government agency securities $ 31,964 $ — $ 31,964 $ — Asset-backed securities 305,265 — 305,265 — Obligations of states and political subdivisions 41,893 — 41,893 — Residential mortgage-backed securities 163,511 — 163,511 — Collateralized mortgage obligation securities 31,981 — 31,981 — Commercial mortgage-backed securities 143,633 — 131,562 12,071 Total investment securities, available-for-sale 718,247 — 706,176 12,071 Commercial loans, at fair value 282,998 — — 282,998 Interest rate swaps, asset 312 — 312 — $ 1,001,557 $ — $ 706,488 $ 295,069 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, 2023 (Level 1) (Level 2) (Level 3) Investment securities, available-for-sale U.S. Government agency securities $ 33,886 $ — $ 33,886 $ — Asset-backed securities 325,353 — 325,353 — Obligations of states and political subdivisions 47,237 — 47,237 — Residential mortgage-backed securities 160,767 — 160,767 — Collateralized mortgage obligation securities 34,038 — 34,038 — Commercial mortgage-backed securities 146,253 — 134,182 12,071 Total investment securities, available-for-sale 747,534 — 735,463 12,071 Commercial loans, at fair value 332,766 — — 332,766 Interest rate swaps, asset 285 — 285 — $ 1,080,585 $ — $ 735,748 $ 344,837
Fair Value Inputs, Assets, Quantitative Information	Level 3 instruments only Weighted Fair value at Range at average at March 31, 2024 Valuation techniques Unobservable inputs March 31, 2024 March 31, 2024 Commercial mortgage-backed investment security (1) $ 12,071 Discounted cash flow Discount rate 14.00 % 14.00 % FHLB, ACBB, and Federal Reserve Bank stock 15,642 Cost N/A N/A N/A Loans, net of deferred loan fees and costs (2) 5,411,026 Discounted cash flow Discount rate 7.40 %- 13.00 % 8.48 % Commercial - SBA (3) 109,131 Discounted cash flow Discount rate 7.01 % 7.01 % Non-SBA commercial real estate - fixed (4) 162,565 Discounted cash flow Discount rate 8.52 %- 12.35 % 9.60 % Non-SBA commercial real estate – floating (5) 11,302 Discounted cash flow Discount rate 10.00 %- 17.00 % 13.21 % Commercial loans, at fair value 282,998 Subordinated debentures (6) 11,347 Discounted cash flow Discount rate 11.00 % 11.00 % OREO (7) 19,559 Appraised value N/A N/A N/A Level 3 instruments only Weighted Fair value at Range at average at December 31, 2023 Valuation techniques Unobservable inputs December 31, 2023 December 31, 2023 Commercial mortgage-backed investment security $ 12,071 Discounted cash flow Discount rate 14.00 % 14.00 % FHLB, ACBB, and Federal Reserve Bank stock 15,591 Cost N/A N/A N/A Loans, net of deferred loan fees and costs 5,329,436 Discounted cash flow Discount rate 7.40 %- 13.00 % 8.41 % Commercial - SBA 119,287 Discounted cash flow Discount rate 7.46 % 7.46 % Non-SBA commercial real estate - fixed 162,674 Discounted cash flow and appraisal Discount rate 8.00 %- 12.30 % 8.76 % Non-SBA commercial real estate - floating 50,805 Discounted cash flow Discount rate 9.30 %- 16.50 % 14.19 % Commercial loans, at fair value 332,766 Subordinated debentures 11,470 Discounted cash flow Discount rate 11.00 % 11.00 % OREO 16,949 Appraised value N/A N/A N/A
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 March 31, 2024 (Level 1) (Level 2) (Level 3) Collateral dependent loans (1) $ 5,852 $ — $ — $ 5,852 OREO 19,559 — — 19,559 $ 25,411 $ — $ — $ 25,411 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, 2023 (Level 1) (Level 2) (Level 3) Collateral dependent loans (1) $ 8,944 $ — $ — $ 8,944 OREO 16,949 — — 16,949 $ 25,893 $ — $ — $ 25,893 (1) The method of valuation approach for the loans evaluated for an allowance for credit losses on an individual loan basis and also for OREO was the market approach based upon appraisals of the underlying collateral by external appraisers, reduced by 7 % to 10 % for estimated selling costs.

Derivatives (Tables)

Derivatives (Tables)	3 Months Ended
	Mar. 31, 2024
Derivatives [Abstract]
Summary Of Derivatives	March 31, 2024 Maturity date Notional amount Interest rate paid Interest rate received Fair value December 23, 2025 6,800 2.16 % 5.56 % 312 Total $ 6,800 $ 312

Other Identifiable Intangible_2

Other Identifiable Intangible Assets (Tables)	3 Months Ended
	Mar. 31, 2024
Other Identifiable Intangible Assets [Abstract]
Schedule Of Gross Carrying Value And Accumulated Amortization	March 31, December 31, 2024 2023 Gross Gross Carrying Accumulated Carrying Accumulated Amount Amortization Amount Amortization (Dollars in thousands) Customer list intangibles $ 4,093 $ 2,939 $ 4,093 $ 2,840 Goodwill 263 — 263 — Trade Name 135 — 135 — Total $ 4,491 $ 2,939 $ 4,491 $ 2,840

Regulatory Matters (Tables)

Regulatory Matters (Tables)	3 Months Ended
	Mar. 31, 2024
Regulatory Matters [Abstract]
Schedule Of Regulatory Capital Amounts	Tier 1 capital Tier 1 capital Total capital Common equity to average to risk-weighted to risk-weighted tier 1 to risk assets ratio assets ratio assets ratio weighted assets As of March 31, 2024 The Bancorp, Inc. 10.87 % 15.76 % 16.35 % 15.76 % The Bancorp Bank, National Association 12.05 % 17.43 % 18.02 % 17.43 % "Well capitalized" institution (under federal regulations-Basel III) 5.00 % 8.00 % 10.00 % 6.50 % As of December 31, 2023 The Bancorp, Inc. 11.19 % 15.66 % 16.23 % 15.66 % The Bancorp Bank, National Association 12.37 % 17.35 % 17.92 % 17.35 % "Well capitalized" institution (under federal regulations-Basel III) 5.00 % 8.00 % 10.00 % 6.50 %

Segment Financials (Tables)

Segment Financials (Tables)	3 Months Ended
	Mar. 31, 2024
Segment Financials [Abstract]
Schedule Of Segment Financials	For the three months ended March 31, 2024 Specialty finance Payments Corporate Total (Dollars in thousands) Interest income $ 112,621 $ 1 $ 23,187 $ 135,809 Interest allocation ( 33,986 ) 39,578 ( 5,592 ) — Interest expense 858 38,064 2,469 41,391 Net interest income 77,777 1,515 15,126 94,418 Provision for credit losses on loans 2,169 — — 2,169 Non-interest income 1,697 27,281 404 29,382 Non-interest expense 22,823 20,194 3,695 46,712 Income before taxes 54,482 8,602 11,835 74,919 Income tax expense — — 18,490 18,490 Net income (loss) $ 54,482 $ 8,602 $ ( 6,655 ) $ 56,429 For the three months ended March 31, 2023 Specialty finance Payments Corporate Total (Dollars in thousands) Interest income $ 105,392 $ 18 $ 16,766 $ 122,176 Interest allocation ( 32,935 ) 34,851 ( 1,916 ) — Interest expense 1,486 30,504 4,370 36,360 Net interest income 70,971 4,365 10,480 85,816 Provision for credit losses 1,903 — — 1,903 Non-interest income 3,417 25,528 44 28,989 Non-interest expense 21,479 19,217 7,334 48,030 Income before taxes 51,006 10,676 3,190 64,872 Income tax expense — — 15,750 15,750 Net income (loss) $ 51,006 $ 10,676 $ ( 12,560 ) $ 49,122 March 31, 2024 Specialty finance Payments Corporate Total (Dollars in thousands) Total assets $ 5,670,852 $ 31,081 $ 2,213,923 $ 7,915,856 Total liabilities $ 202,150 $ 6,580,568 $ 316,373 $ 7,099,091 December 31, 2023 Specialty finance Payments Corporate Total (Dollars in thousands) Total assets $ 5,682,035 $ 42,769 $ 1,980,891 $ 7,705,695 Total liabilities $ 238,042 $ 6,412,911 $ 247,461 $ 6,898,414

Organization And Nature Of Op_2

Organization And Nature Of Operations (Details)	Mar. 31, 2024 item
Organization And Nature Of Operations [Abstract]
Number of specialty lending lines	2

Stock-Based Compensation (Narra

Stock-Based Compensation (Narrative) (Details) $ / shares in Units, $ in Millions	3 Months Ended
	Mar. 31, 2024 USD ($) item $ / shares shares	Mar. 31, 2023 USD ($) $ / shares shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of stock-based compensation plans | item	2
Options exercised and vested in period, total intrinsic value	13,700,000	15,000,000
Unrecognized compensation cost related to unvested awards under share-based plans | $	$ 29.8
Cost expected to be recognized over a weighted average period	1 year 8 months 12 days
Share-based Payment Arrangement, Expense | $	$ 3.3	$ 3.2
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (in shares)	355,965	514,785
Granted (in dollars per share) | $ / shares	$ 43.89	$ 35.17
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
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (in shares)	45,616	57,573
Options Granted (in dollars per share) | $ / shares	$ 21.92	$ 17.37
Vesting period	4 years	4 years
Stock option exercised (in shares)	0	13,158
Restricted Stock Units And Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Awards, vested in period, fair value | $	$ 9.4	$ 5.4

Stock-Based Compensation (Summa

Stock-Based Compensation (Summary Of Status Of Company's Equity Compensations Plans) (Details) - Stock Options [Member] - USD ($)	3 Months Ended		12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Shares
Outstanding, beginning of period (in shares)	622,677
Granted (in shares)	45,616	57,573
Exercised (in shares)	0	(13,158)
Outstanding, end of period (in shares)	668,293		622,677
Exercisable, end of period (in shares)	429,497
Weighted average exercise price
Outstanding, beginning of period (in dollars per share)	$ 15.35
Granted (in dollars per share)	43.89
Outstanding, end of period (in dollars per share)	17.30		$ 15.35
Exercisable, end of period (in dollars per share)	$ 12.89
Weighted-average remaining contractual term (years)
Granted	9 years 10 months 13 days
Outstanding	6 years 10 months 13 days		6 years 10 months 24 days
Exercisable, end of period	6 years 4 months 13 days
Aggregate intrinsic value
Outstanding, beginning of period	$ 14,453,641
Granted
Exercised
Expired
Forfeited
Outstanding, end of period	11,376,439		$ 14,453,641
Exercisable, end of period	$ 8,858,939

Stock-Based Compensation (Sum_2

Stock-Based Compensation (Summary Of Restricted Stock Units) (Details) - Restricted Stock Units (RSUs) [Member] - $ / shares	3 Months Ended		12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Shares [Roll Forward]
Outstanding, beginning of period (in shares)	752,255
Granted (in shares)	355,965	514,785
Vested (in shares)	(312,619)
Outstanding, end of period (in shares)	795,601		752,255
Weighted-average grant date fair value
Outstanding, beginning of period (in dollars per share)	$ 32.53
Granted (in dollars per share)	43.89	$ 35.17
Vested (in dollars per share)	30.18
Outstanding, end of period (in dollars per share)	$ 38.54		$ 32.53
Average remaining contractual term (years) [Abstract]
Average remaining contractual term (years), Granted	2 years 10 months 9 days
Average remaining contractual term (years), Outstanding	2 years 1 month 24 days		1 year 7 months 28 days

Stock-Based Compensation (Fair

Stock-Based Compensation (Fair Value Of Grant On Date Of Grant Using The Black-Scholes Options Pricing Model) (Details)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Stock-Based Compensation [Abstract]
Risk-free interest rate (in hundredths)	4.17%	3.67%
Expected dividend yield (in hundredths)
Expected volatility (in hundredths)	44.76%	45.21%
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
	Mar. 31, 2024	Mar. 31, 2023
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Minimum exercisable prices (in dollars per share)	$ 6.87	$ 6.87
Maximum exercisable prices (in dollars per share)	$ 30.32	$ 18.81
Anti-dilutive shares not included in earnings per share calculation	103,189	157,573
Exercise Price Range One [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Stock options, outstanding, exercisable range	565,104
Exercise Price Range Two [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Stock options, outstanding, exercisable range		465,104

Earnings Per Share (Earnings Pe

Earnings Per Share (Earnings Per Share) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Income (numerator) [Abstract]
Net earnings available to common shareholders	$ 56,429	$ 49,122
Diluted earnings (loss) per share, Net income (loss) available to common shareholders	$ 56,429	$ 49,122
Shares (denominator) [Abstract]
Weighted average shares - basic	52,747,140	55,452,815
Effect of dilutive securities, Common stock options and restricted stock units (in shares)	579,448	595,327
Diluted earnings (loss) per share, Net income (loss) available to common shareholders (in shares)	53,326,588	56,048,142
Per share amount [Abstract]
Net income per share - basic	$ 1.07	$ 0.89
Effect of dilutive securities, Common stock options and restricted stock units (in dollars per share)	(0.01)	(0.01)
Net income per share - diluted	$ 1.06	$ 0.88

Investment Securities (Narrativ

Investment Securities (Narrative) (Details)	3 Months Ended	12 Months Ended
	Mar. 31, 2024 USD ($) security	Dec. 31, 2023 USD ($)
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	$ 15,600,000	$ 15,600,000
Investment securities pledged as collateral	0	0
Gross gains on sales of securities	0	0
Gross losses on sales of securities	2,000	4,000
Required Federal Reserve stock purchase	$ 11,000,000
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	$ 10,000,000
Provision for credit loss		10,000,000
Atlantic Central Bankers Bank [Member]
Debt Securities, Available-for-sale, Allowance for Credit Loss [Line Items]
Investment stock amount	$ 40,000	$ 40,000

Investment Securities (Schedule

Investment Securities (Schedule Of Investment Securities Classified As Available-for-sale And Held-to-maturity) (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Available-for-sale [Abstract]
Total	$ 754,488	$ 783,904
Gross unrealized gains	328	177
Gross unrealized losses	(26,569)	(26,547)
Allowance for Credit Losses	(10,000)	(10,000)
Investment securities, available-for-sale, at fair value	718,247	747,534
U.S. Government Agency Securities [Member]
Available-for-sale [Abstract]
Total	33,598	35,346
Gross unrealized gains	4	6
Gross unrealized losses	(1,638)	(1,466)
Investment securities, available-for-sale, at fair value	31,964	33,886
Asset-backed Securities [Member]
Available-for-sale [Abstract]
Total	305,500	327,159
Gross unrealized gains	163	9
Gross unrealized losses	(398)	(1,815)
Investment securities, available-for-sale, at fair value	305,265	325,353
Federally Insured Student Loan Securities [Member]
Available-for-sale [Abstract]
Total	5,363	6,032
Gross unrealized losses	(35)	(49)
Investment securities, available-for-sale, at fair value	5,328	5,983
Collateralized Loan Obligations Securities [Member]
Available-for-sale [Abstract]
Total	300,137	321,127
Gross unrealized gains	163	9
Gross unrealized losses	(363)	(1,766)
Investment securities, available-for-sale, at fair value	299,937	319,370
Tax-exempt Obligations Of States And Political Subdivisions [Member]
Available-for-sale [Abstract]
Total	4,860	4,860
Gross unrealized gains	16	39
Gross unrealized losses	(70)	(48)
Investment securities, available-for-sale, at fair value	4,806	4,851
Taxable Obligations Of States And Political Subdivisions [Member]
Available-for-sale [Abstract]
Total	38,069	43,323
Gross unrealized gains	10	15
Gross unrealized losses	(992)	(952)
Investment securities, available-for-sale, at fair value	37,087	42,386
Residential Mortgage-backed Securities [Member]
Available-for-sale [Abstract]
Total	173,832	169,882
Gross unrealized gains	135	108
Gross unrealized losses	(10,456)	(9,223)
Investment securities, available-for-sale, at fair value	163,511	160,767
Collateralized Mortgage Obligation Securities [Member]
Available-for-sale [Abstract]
Total	33,553	35,575
Gross unrealized losses	(1,572)	(1,537)
Investment securities, available-for-sale, at fair value	31,981	34,038
Commercial Mortgage-backed Securities [Member]
Available-for-sale [Abstract]
Total	155,076	157,759
Gross unrealized losses	(11,443)	(11,506)
Investment securities, available-for-sale, at fair value	143,633	146,253
Corporate Debt Securities [Member]
Available-for-sale [Abstract]
Total	10,000	10,000
Allowance for Credit Losses	$ (10,000)	$ (10,000)

Investment Securities (Amortize

Investment Securities (Amortized Cost And Fair Value Of Investment Securities By Contractual Maturity) (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Available-for-sale, Amortized cost [Abstract]
Due before one year	$ 39,156
Due after one year through five years	116,088
Due after five years through ten years	284,076
Due after ten years	315,168
Total	754,488	$ 783,904
Available-for-sale, Fair value [Abstract]
Due before one year	38,632
Due after one year through five years	111,912
Due after five years through ten years	277,194
Due after ten years	290,509
Total investment securities, available-for-sale	$ 718,247	$ 747,534

Investment Securities (Availabl

Investment Securities (Available-for-sale And Held-to-maturity Securities, Continuous Unrealized Loss Position) (Details) $ in Thousands	Mar. 31, 2024 USD ($) security	Dec. 31, 2023 USD ($) security
Available-for-sale, continuous unrealized loss position [Abstract]
Number of securities | security	267	288
Available-for-sale, continuous unrealized loss position, Fair Value [Abstract]
Less than 12 months, Fair Value	$ 29,491	$ 36,826
12 months or longer, Fair Value	530,990	680,853
Total, Fair Value	560,481	717,679
Available-for-sale, continuous unrealized loss position, Unrealized losses [Abstract]
Less than 12 months, Unrealized losses	(498)	(796)
12 months or longer, Unrealized losses	(26,071)	(25,751)
Total, Unrealized losses	$ (26,569)	$ (26,547)
U.S. Government Agency Securities [Member]
Available-for-sale, continuous unrealized loss position [Abstract]
Number of securities | security	16	15
Available-for-sale, continuous unrealized loss position, Fair Value [Abstract]
Less than 12 months, Fair Value	$ 7,349	$ 14,945
12 months or longer, Fair Value	23,504	17,697
Total, Fair Value	30,853	32,642
Available-for-sale, continuous unrealized loss position, Unrealized losses [Abstract]
Less than 12 months, Unrealized losses	(165)	(302)
12 months or longer, Unrealized losses	(1,473)	(1,164)
Total, Unrealized losses	$ (1,638)	$ (1,466)
Asset-backed Securities [Member]
Available-for-sale, continuous unrealized loss position [Abstract]
Number of securities | security	34	53
Available-for-sale, continuous unrealized loss position, Fair Value [Abstract]
Less than 12 months, Fair Value	$ 12,128
12 months or longer, Fair Value	162,326	$ 314,749
Total, Fair Value	174,454	314,749
Available-for-sale, continuous unrealized loss position, Unrealized losses [Abstract]
Less than 12 months, Unrealized losses	(3)
12 months or longer, Unrealized losses	(395)	(1,815)
Total, Unrealized losses	$ (398)	$ (1,815)
Tax-exempt Obligations Of States And Political Subdivisions [Member]
Available-for-sale, continuous unrealized loss position [Abstract]
Number of securities | security	3	3
Available-for-sale, continuous unrealized loss position, Fair Value [Abstract]
Less than 12 months, Fair Value		$ 997
12 months or longer, Fair Value	$ 2,825	1,850
Total, Fair Value	2,825	2,847
Available-for-sale, continuous unrealized loss position, Unrealized losses [Abstract]
Less than 12 months, Unrealized losses		(3)
12 months or longer, Unrealized losses	(70)	(45)
Total, Unrealized losses	$ (70)	$ (48)
Taxable Obligations Of States And Political Subdivisions [Member]
Available-for-sale, continuous unrealized loss position [Abstract]
Number of securities | security	24	25
Available-for-sale, continuous unrealized loss position, Fair Value [Abstract]
12 months or longer, Fair Value	$ 34,326	$ 39,621
Total, Fair Value	34,326	39,621
Available-for-sale, continuous unrealized loss position, Unrealized losses [Abstract]
12 months or longer, Unrealized losses	(992)	(952)
Total, Unrealized losses	$ (992)	$ (952)
Residential Mortgage-backed Securities [Member]
Available-for-sale, continuous unrealized loss position [Abstract]
Number of securities | security	130	132
Available-for-sale, continuous unrealized loss position, Fair Value [Abstract]
Less than 12 months, Fair Value	$ 10,014	$ 20,884
12 months or longer, Fair Value	132,395	126,645
Total, Fair Value	142,409	147,529
Available-for-sale, continuous unrealized loss position, Unrealized losses [Abstract]
Less than 12 months, Unrealized losses	(330)	(491)
12 months or longer, Unrealized losses	(10,126)	(8,732)
Total, Unrealized losses	$ (10,456)	$ (9,223)
Collateralized Mortgage Obligation Securities [Member]
Available-for-sale, continuous unrealized loss position [Abstract]
Number of securities | security	20	20
Available-for-sale, continuous unrealized loss position, Fair Value [Abstract]
12 months or longer, Fair Value	$ 31,981	$ 34,038
Total, Fair Value	31,981	34,038
Available-for-sale, continuous unrealized loss position, Unrealized losses [Abstract]
12 months or longer, Unrealized losses	(1,572)	(1,537)
Total, Unrealized losses	$ (1,572)	$ (1,537)
Commercial Mortgage-backed Securities [Member]
Available-for-sale, continuous unrealized loss position [Abstract]
Number of securities | security	40	40
Available-for-sale, continuous unrealized loss position, Fair Value [Abstract]
12 months or longer, Fair Value	$ 143,633	$ 146,253
Total, Fair Value	143,633	146,253
Available-for-sale, continuous unrealized loss position, Unrealized losses [Abstract]
12 months or longer, Unrealized losses	(11,443)	(11,506)
Total, Unrealized losses	$ (11,443)	$ (11,506)

Loans (Narrative) (Details)

Loans (Narrative) (Details)	3 Months Ended			12 Months Ended
	Mar. 31, 2024 USD ($) item	Dec. 31, 2023 USD ($)	Mar. 31, 2023 USD ($)	Dec. 31, 2023 USD ($)	Dec. 31, 2020 USD ($) item	Sep. 30, 2023 USD ($)	Dec. 31, 2022 USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans available for sale, unpaid principal amount	$ 286,700,000
Gains (losses) recognized from changes in fair value	0		$ (603,000)
Total loans, gross	5,449,262,000	$ 5,352,339,000		$ 5,352,339,000
Amounts drawn against these lines	0
Number of securities securitized | item					6
CECL Adjustment	1,700,000
CECL Model Decrease From Changes In Estimated Average Lives	2,500,000
CECL model increase from an elevation to respective moderate-high and moderate risk levels for leasing economic and collateral factors	794,000
Other real estate owned	19,559,000	16,949,000		16,949,000			$ 21,210,000
Provision for credit losses on loans	2,169,000		1,903,000
Interest which would have been earned on loans classified as non-accrual	440,000		194,000
Commitments to lend additional funds to loan customers whose terms have been modified in troubled debt restructurings	0	0		0
Loans receiving term extension modification	0
Non-accrual loans, income	0
Assets	7,915,856,000	7,705,695,000		7,705,695,000
Purchase of lease receivables	3,100,000
Remaining balance of PPP loan reimbursed	1,900,000
Foreclosed property	20,900,000
Loans past due 90 days or more and still accruing	4,108,000	1,744,000		1,744,000
Total non-accrual loans	53,024,000	11,525,000		11,525,000
Allowance for credit losses on off-balance sheet credit	2,400,000	2,600,000		2,600,000
Allowance for loan and lease losses	28,741,000	27,378,000	23,794,000	27,378,000			22,374,000
Charge-offs	1,036,000		1,122,000	4,640,000
Federal Reserve Bank Advances [Member] | Asset Pledged as Collateral without Right [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans, gross	2,410,000,000
Federal Home Loan Bank Advances [Member] | Asset Pledged as Collateral without Right [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans, gross	1,100,000,000
Payment Delay as a result of Payment Deferral [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans, gross	32,475,000	651,000		651,000
Troubled debt restructured loans balance	$ 64,975,000			13,100,000
Equities [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Market value of the underlying securities collateral as adjusted by margin requirements, percent	50
Investment Grade Securities [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Market value of the underlying securities collateral as adjusted by margin requirements, percent	80
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%
CRE2 [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans, gross	$ 12,600,000
Loans acquired with deteriorated credit quality	13,700,000
Assets	12,100,000
Remaining Principal Amount To Be Repaid On Securities	2,000,000
Collateralized amount	15,900,000
Debt Instrument, Collateral Amount	33,000,000
Suburban Office Loan [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans, gross	24,500,000
Retail Facility [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans, gross	16,300,000
SBL Commercial Mortgage [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans, gross	637,926,000	606,986,000		606,986,000
Nonaccrual loans, Income Reversed	57,000
Total non-accrual loans	3,483,000	2,381,000		2,381,000
Allowance for loan and lease losses	2,556,000	2,820,000	2,481,000	2,820,000			2,585,000
Charge-offs				76,000
SBL Commercial Mortgage [Member] | Payment Delay as a result of Payment Deferral [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans, gross	3,328,000
SBL Construction [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans, gross	27,290,000	22,627,000		22,627,000
Total non-accrual loans	3,385,000	3,385,000		3,385,000
Allowance for loan and lease losses	343,000	285,000	490,000	285,000			565,000
SBA Loan [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, troubled debt restructured loans, reserves	10,000	127,000		127,000
SBL Loan - PPP, Including Other Institutions [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans, gross						$ 633,000
SBLOC [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gains (losses) recognized from changes in fair value					$ 0
Advisor Financing [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans, gross	232,206,000	221,612,000		221,612,000
Allowance for loan and lease losses	1,742,000	1,662,000	1,421,000	1,662,000			1,293,000
Charge-offs
SBA Non Real Estate And Leasing [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, troubled debt restructured loans, reserves	3,300,000
Charge-offs	11,900,000
SBA Commercial Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual loans, Income Reversed			89,000
SBL Non-Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans, gross	140,956,000	137,752,000		137,752,000
Nonaccrual loans, Income Reversed	22,000		3,000
Total non-accrual loans	1,909,000	1,842,000		1,842,000
Allowance for loan and lease losses	6,058,000	6,059,000	5,306,000	6,059,000			5,028,000
Charge-offs	111,000		214,000	871,000
SBL Non-Real Estate [Member] | Payment Delay as a result of Payment Deferral [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans, gross	2,224,000	651,000		651,000
Troubled debt restructured loans balance	2,224,000
Direct Lease Financing [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans, gross	702,512,000	685,657,000		685,657,000
Nonaccrual loans, Income Reversed	37,000		26,000
Total non-accrual loans	4,847,000	3,785,000		3,785,000
Allowance for loan and lease losses	11,843,000	10,454,000	9,188,000	10,454,000			7,972,000
Charge-offs	919,000		905,000	3,666,000
Legacy Commercial Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual loans, Income Reversed			89,000
IBLOC [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans, gross	595,600,000	646,900,000		646,900,000
Charge-offs				24,000
Real Estate Bridge Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans, gross	$ 2,101,896,000	1,999,782,000		1,999,782,000
Debt Instrument, Term	3 years
Number of loan extensions | item	2
Loan Term, Extension Period	1 year
Increase in allowance for credit losses		1,000,000
Nonaccrual loans, Income Reversed	$ 222,000
Total non-accrual loans	39,400,000					$ 47,800,000
Allowance for loan and lease losses	4,889,000	4,740,000	$ 3,277,000	4,740,000			$ 3,121,000
Real Estate Bridge Loans [Member] | Payment Delay as a result of Payment Deferral [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans, gross	26,923,000
Commercial Loan [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for sale	173,900,000
Total loans, gross	283,000,000
Receivables Acquired with Deteriorated Credit Quality [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans acquired with deteriorated credit quality	0	0		0
Financial Asset Acquired and No Credit Deterioration [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Purchase of lease receivables	0
Estimated Fair Value [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for sale	282,998,000	332,766,000		332,766,000
Current [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans, gross	5,363,331,000	5,312,428,000		5,312,428,000
Current [Member] | SBL Commercial Mortgage [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans, gross	634,170,000	602,422,000		602,422,000
Current [Member] | SBL Construction [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans, gross	23,905,000	19,242,000		19,242,000
Current [Member] | Advisor Financing [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans, gross	232,206,000	221,612,000		221,612,000
Current [Member] | SBL Non-Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans, gross	138,065,000	135,157,000		135,157,000
Current [Member] | Direct Lease Financing [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans, gross	687,525,000	675,015,000		675,015,000
Current [Member] | Real Estate Bridge Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans, gross	$ 2,053,029,000	$ 1,999,782,000		$ 1,999,782,000

Loans (Major Classifications Of

Loans (Major Classifications Of Loans) (Details) - USD ($)	1 Months Ended	3 Months Ended
	Sep. 30, 2023	Mar. 31, 2024	Dec. 31, 2023	Mar. 31, 2023
Major classifications of loans [Abstract]
Total loans, gross		$ 5,449,262,000	$ 5,352,339,000
Unamortized loan fees and costs		10,082,000	8,800,000
Total loans, including unamortized loan fees and costs		5,459,344,000	5,361,139,000	$ 5,354,347,000
SBL Non-Real Estate [Member]
Major classifications of loans [Abstract]
Total loans, gross		140,956,000	137,752,000
Total loans, including unamortized loan fees and costs		140,956,000	137,752,000	114,334,000
SBL Commercial Mortgage [Member]
Major classifications of loans [Abstract]
Total loans, gross		637,926,000	606,986,000
Total loans, including unamortized loan fees and costs		637,926,000	606,986,000	492,798,000
SBL Construction [Member]
Major classifications of loans [Abstract]
Total loans, gross		27,290,000	22,627,000
Total loans, including unamortized loan fees and costs		27,290,000	22,627,000	33,116,000
Small Business Loans [Member]
Major classifications of loans [Abstract]
Total loans, gross		806,172,000	767,365,000
Direct Lease Financing [Member]
Major classifications of loans [Abstract]
Total loans, gross		702,512,000	685,657,000
Total loans, including unamortized loan fees and costs		702,512,000	685,657,000	652,541,000
SBLOC/IBLOC [Member]
Major classifications of loans [Abstract]
Total loans, gross		1,550,313,000	1,627,285,000
Total loans, including unamortized loan fees and costs		1,550,313,000	1,627,285,000	2,053,450,000
Advisor Financing [Member]
Major classifications of loans [Abstract]
Total loans, gross		232,206,000	221,612,000
Total loans, including unamortized loan fees and costs		$ 232,206,000	221,612,000	189,425,000
Loan amount, loan-to-value ratio		70%
Real Estate Bridge Loans [Member]
Major classifications of loans [Abstract]
Total loans, gross		$ 2,101,896,000	1,999,782,000
Total loans, including unamortized loan fees and costs		$ 2,101,896,000	1,999,782,000	1,752,322,000
Loan amount, loan-to-value ratio	82%	68%
Other Loans [Member]
Major classifications of loans [Abstract]
Total loans, gross		$ 56,163,000	50,638,000
Total loans, including unamortized loan fees and costs		56,163,000	50,638,000	$ 60,210,000
Consumer - Other [Member]
Major classifications of loans [Abstract]
Demand deposit overdrafts reclassified as loan balances		239,000	1,700,000
IBLOC [Member]
Major classifications of loans [Abstract]
Total loans, gross		$ 595,600,000	$ 646,900,000

Loans (Schedule Of Small Busine

Loans (Schedule Of Small Business Administration Loans and Held For Sale) (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Loans [Abstract]
SBLs, including costs net of deferred fees of $9,979 and $9,502 for March 31, 2024 and December 31, 2023, respectively	$ 816,151	$ 776,867
SBL loans included in commercial loans at fair value	109,131	119,287
Total small business loans	925,282	896,154
SBL deferred fees and costs	$ 9,979	$ 9,502

Loans (Impaired Loans) (Details

Loans (Impaired Loans) (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2024	Dec. 31, 2023
With an allowance recorded [Abstract]
Related allowance	$ (3,300)
Total allowance recorded [Abstract]
Recorded investment	53,325	$ 11,832
Unpaid principal balance	54,858	13,210
Related allowance	(3,321)	(2,888)
Average recorded investment	32,578	13,824
Interest income recognized	4	11
SBL Non-Real Estate [Member]
Without an allowance recorded [Abstract]
Recorded investment	1,054	522
Unpaid principal balance	2,356	1,714
Average recorded investment	788	380
With an allowance recorded [Abstract]
Recorded investment	929	1,397
Unpaid principal balance	929	1,397
Related allowance	(618)	(670)
Average recorded investment	1,163	1,011
Interest income recognized	1	3
Total allowance recorded [Abstract]
Recorded investment	1,983	1,919
Unpaid principal balance	3,285	3,111
Related allowance	(618)	(670)
Average recorded investment	1,951	1,391
Interest income recognized	1	3
SBL Commercial Mortgage [Member]
Without an allowance recorded [Abstract]
Recorded investment	3,301	1,546
Unpaid principal balance	3,301	1,546
Average recorded investment	2,424	1,028
With an allowance recorded [Abstract]
Recorded investment	182	835
Unpaid principal balance	182	835
Related allowance	(41)	(343)
Average recorded investment	508	1,553
Total allowance recorded [Abstract]
Recorded investment	3,483	2,381
Unpaid principal balance	3,483	2,381
Related allowance	(41)	(343)
Average recorded investment	2,932	2,581
SBL Construction [Member]
With an allowance recorded [Abstract]
Recorded investment	3,385	3,385
Unpaid principal balance	3,385	3,385
Related allowance	(44)	(44)
Average recorded investment	3,385	3,385
Total allowance recorded [Abstract]
Recorded investment	3,385	3,385
Unpaid principal balance	3,385	3,385
Related allowance	(44)	(44)
Average recorded investment	3,385	3,385
Direct Lease Financing [Member]
Without an allowance recorded [Abstract]
Recorded investment	170	167
Unpaid principal balance	176	167
Average recorded investment	169	78
With an allowance recorded [Abstract]
Recorded investment	4,677	3,618
Unpaid principal balance	4,902	3,804
Related allowance	(2,618)	(1,827)
Average recorded investment	4,147	2,814
Total allowance recorded [Abstract]
Recorded investment	4,847	3,785
Unpaid principal balance	5,078	3,971
Related allowance	(2,618)	(1,827)
Average recorded investment	4,316	2,892
Real Estate Bridge Loans [Member]
Without an allowance recorded [Abstract]
Recorded investment	39,400
Unpaid principal balance	39,400
Average recorded investment	19,700
Total allowance recorded [Abstract]
Recorded investment	39,400
Unpaid principal balance	39,400
Average recorded investment	19,700
Consumer - Other [Member]
With an allowance recorded [Abstract]
Recorded investment		132
Unpaid principal balance		132
Related allowance		(4)
Average recorded investment		384
IBLOC [Member]
With an allowance recorded [Abstract]
Average recorded investment		95
Total allowance recorded [Abstract]
Average recorded investment		95
Legacy Commercial Real Estate [Member]
Without an allowance recorded [Abstract]
Average recorded investment		2,131
With an allowance recorded [Abstract]
Average recorded investment		710
Other Loans [Member]
Without an allowance recorded [Abstract]
Average recorded investment	66
Total allowance recorded [Abstract]
Average recorded investment	66
Legacy Commercial Real Estate And Other Loans [Member]
Total allowance recorded [Abstract]
Recorded investment		132
Unpaid principal balance		132
Related allowance		(4)
Average recorded investment		3,225
Consumer - Home Equity [Member]
Without an allowance recorded [Abstract]
Recorded investment	227	230
Unpaid principal balance	227	230
Average recorded investment	228	255
Interest income recognized	3	8
Total allowance recorded [Abstract]
Recorded investment	227	230
Unpaid principal balance	227	230
Average recorded investment	228	255
Interest income recognized	$ 3	$ 8

Loans (Summary Of Non-Accrual L

Loans (Summary Of Non-Accrual Loans With And Without Allowance For Credit Losses) (Details) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended
	Sep. 30, 2023	Mar. 31, 2024	Dec. 31, 2023
Financing Receivable, Nonaccrual [Line Items]
Non-accrual loans with a related ACL		$ 9,099
Non-accrual loans without a related ACL		43,925
Total non-accrual loans		53,024	$ 11,525
SBL Non-Real Estate [Member]
Financing Receivable, Nonaccrual [Line Items]
Non-accrual loans with a related ACL		855
Non-accrual loans without a related ACL		1,054
Total non-accrual loans		1,909	1,842
SBL Commercial Mortgage [Member]
Financing Receivable, Nonaccrual [Line Items]
Non-accrual loans with a related ACL		182
Non-accrual loans without a related ACL		3,301
Total non-accrual loans		3,483	2,381
SBL Construction [Member]
Financing Receivable, Nonaccrual [Line Items]
Non-accrual loans with a related ACL		3,385
Total non-accrual loans		3,385	3,385
Direct Lease Financing [Member]
Financing Receivable, Nonaccrual [Line Items]
Non-accrual loans with a related ACL		4,677
Non-accrual loans without a related ACL		170
Total non-accrual loans		4,847	3,785
Real Estate Bridge Loans [Member]
Financing Receivable, Nonaccrual [Line Items]
Non-accrual loans without a related ACL		39,400
Total non-accrual loans	$ 47,800	$ 39,400
Loan amount, loan-to-value ratio	82%	68%
Other Loans [Member]
Financing Receivable, Nonaccrual [Line Items]
Total non-accrual loans			$ 132

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 ($) $ in Thousands	1 Months Ended	3 Months Ended	12 Months Ended
	Sep. 30, 2023	Mar. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Financing Receivables Past Due and Other Real Estate Owned [Line Items]
Total non-accrual loans		$ 53,024	$ 11,525
Loans past due 90 days or more and still accruing		4,108	1,744
Total non-performing loans		5,449,262	5,352,339
Other real estate owned		19,559	16,949	$ 21,210
Total non-performing assets		76,691	30,218
Other real estate owned additions		1,978	2,686
Non-Performing Loans [Member]
Financing Receivables Past Due and Other Real Estate Owned [Line Items]
Total non-performing loans		57,132	13,269
SBL Non-Real Estate [Member]
Financing Receivables Past Due and Other Real Estate Owned [Line Items]
Total non-accrual loans		1,909	1,842
Total non-performing loans		140,956	137,752
SBL Commercial Mortgage [Member]
Financing Receivables Past Due and Other Real Estate Owned [Line Items]
Total non-accrual loans		3,483	2,381
Total non-performing loans		637,926	606,986
SBL Construction [Member]
Financing Receivables Past Due and Other Real Estate Owned [Line Items]
Total non-accrual loans		3,385	3,385
Total non-performing loans		27,290	22,627
Direct Lease Financing [Member]
Financing Receivables Past Due and Other Real Estate Owned [Line Items]
Total non-accrual loans		4,847	3,785
Total non-performing loans		702,512	685,657
Real Estate Bridge Loans [Member]
Financing Receivables Past Due and Other Real Estate Owned [Line Items]
Total non-accrual loans	$ 47,800	39,400
Total non-performing loans		$ 2,101,896	1,999,782
Loan amount, loan-to-value ratio	82%	68%
Other Loans [Member]
Financing Receivables Past Due and Other Real Estate Owned [Line Items]
Total non-accrual loans			132
Total non-performing loans		$ 56,163	$ 50,638
SBA Loan [Member]
Financing Receivables Past Due and Other Real Estate Owned [Line Items]
Other real estate owned additions		$ 2,600
Percentage of loan realizable		75%

Loans (Modified and Related Inf

Loans (Modified and Related Information) (Details) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended	12 Months Ended
	Sep. 30, 2023	Mar. 31, 2024	Dec. 31, 2023
Financing Receivable, Modifications [Line Items]
Total non-performing loans		$ 5,449,262	$ 5,352,339
Percent of total class of financing receivable		1.19%	0.24%
Payment Delay as a result of Payment Deferral [Member]
Financing Receivable, Modifications [Line Items]
Total non-performing loans		$ 32,475	$ 651
Interest Rate Reduction and Payment Deferral [Member]
Financing Receivable, Modifications [Line Items]
Total non-performing loans		32,500
Payment Delay and Term Extension [Member]
Financing Receivable, Modifications [Line Items]
Total non-performing loans			12,427
Payment Status [Member]
Financing Receivable, Modifications [Line Items]
Total non-performing loans		64,975	13,078
SBL Non-Real Estate [Member]
Financing Receivable, Modifications [Line Items]
Total non-performing loans		$ 140,956	$ 137,752
Percent of total class of financing receivable		1.58%	0.47%
SBL Non-Real Estate [Member] | Payment Delay as a result of Payment Deferral [Member]
Financing Receivable, Modifications [Line Items]
Total non-performing loans		$ 2,224	$ 651
SBL Non-Real Estate [Member] | Payment Status [Member]
Financing Receivable, Modifications [Line Items]
Total non-performing loans		2,224	651
SBL Commercial Mortgage [Member]
Financing Receivable, Modifications [Line Items]
Total non-performing loans		$ 637,926	606,986
Percent of total class of financing receivable		0.52%
SBL Commercial Mortgage [Member] | Payment Delay as a result of Payment Deferral [Member]
Financing Receivable, Modifications [Line Items]
Total non-performing loans		$ 3,328
SBL Commercial Mortgage [Member] | Payment Status [Member]
Financing Receivable, Modifications [Line Items]
Total non-performing loans		3,328
Direct Lease Financing [Member]
Financing Receivable, Modifications [Line Items]
Total non-performing loans		702,512	$ 685,657
Percent of total class of financing receivable			0.02%
Direct Lease Financing [Member] | Payment Delay and Term Extension [Member]
Financing Receivable, Modifications [Line Items]
Total non-performing loans			$ 127
Direct Lease Financing [Member] | Payment Status [Member]
Financing Receivable, Modifications [Line Items]
Total non-performing loans			127
Real Estate Bridge Loans [Member]
Financing Receivable, Modifications [Line Items]
Total non-performing loans		$ 2,101,896	$ 1,999,782
Percent of total class of financing receivable		2.83%	0.62%
Loan amount, weighted average loan-to-value ratio		72.5	70
Loan amount, loan-to-value ratio	82%	68%
Real Estate Bridge Loans [Member] | Payment Delay as a result of Payment Deferral [Member]
Financing Receivable, Modifications [Line Items]
Total non-performing loans		$ 26,923
Real Estate Bridge Loans [Member] | Interest Rate Reduction and Payment Deferral [Member]
Financing Receivable, Modifications [Line Items]
Total non-performing loans		32,500
Real Estate Bridge Loans [Member] | Payment Delay and Term Extension [Member]
Financing Receivable, Modifications [Line Items]
Total non-performing loans			$ 12,300
Real Estate Bridge Loans [Member] | Payment Status [Member]
Financing Receivable, Modifications [Line Items]
Total non-performing loans		$ 59,423	$ 12,300

Loans (Analysis of Loans Modifi

Loans (Analysis of Loans Modified) (Details) $ in Thousands	1 Months Ended	3 Months Ended	12 Months Ended
	Sep. 30, 2023 USD ($)	Mar. 31, 2024 USD ($)	Dec. 31, 2023 USD ($)
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total non-performing loans		$ 5,449,262	$ 5,352,339
Non-accrual		53,024	11,525
Total Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total non-performing loans		96,013	48,711
Current [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total non-performing loans		5,363,331	5,312,428
SBL Non-Real Estate [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total non-performing loans		140,956	137,752
Non-accrual		1,909	1,842
SBL Non-Real Estate [Member] | Total Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total non-performing loans		2,891	2,595
SBL Non-Real Estate [Member] | Current [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total non-performing loans		138,065	135,157
SBL Commercial Mortgage [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total non-performing loans		637,926	606,986
Non-accrual		3,483	2,381
SBL Commercial Mortgage [Member] | Total Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total non-performing loans		3,756	4,564
SBL Commercial Mortgage [Member] | Current [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total non-performing loans		634,170	602,422
Direct Lease Financing [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total non-performing loans		702,512	685,657
Non-accrual		4,847	3,785
Direct Lease Financing [Member] | Total Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total non-performing loans		14,987	10,642
Direct Lease Financing [Member] | Current [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total non-performing loans		687,525	675,015
Real Estate Bridge Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total non-performing loans		2,101,896	$ 1,999,782
Non-accrual	$ 47,800	$ 39,400
Loan amount, weighted average loan-to-value ratio		72.5	70
Loan amount, loan-to-value ratio	82%	68%
Real Estate Bridge Loans [Member] | Total Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total non-performing loans		$ 48,867
Real Estate Bridge Loans [Member] | Current [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total non-performing loans		2,053,029	$ 1,999,782
Payment Status [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total non-performing loans		64,975	13,078
Payment Status [Member] | Non- accrual [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-accrual		790	283
Payment Status [Member] | Total Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total non-performing loans		790	283
Payment Status [Member] | Current [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total non-performing loans		64,185	12,795
Payment Status [Member] | SBL Non-Real Estate [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total non-performing loans		2,224	651
Payment Status [Member] | SBL Non-Real Estate [Member] | Non- accrual [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-accrual		790	156
Payment Status [Member] | SBL Non-Real Estate [Member] | Total Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total non-performing loans		790	156
Payment Status [Member] | SBL Non-Real Estate [Member] | Current [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total non-performing loans		1,434	495
Payment Status [Member] | SBL Commercial Mortgage [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total non-performing loans		3,328
Payment Status [Member] | SBL Commercial Mortgage [Member] | Current [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total non-performing loans		3,328
Payment Status [Member] | Direct Lease Financing [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total non-performing loans			127
Payment Status [Member] | Direct Lease Financing [Member] | Non- accrual [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-accrual			127
Payment Status [Member] | Direct Lease Financing [Member] | Total Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total non-performing loans			127
Payment Status [Member] | Real Estate Bridge Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total non-performing loans		59,423	12,300
Payment Status [Member] | Real Estate Bridge Loans [Member] | Current [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total non-performing loans		$ 59,423	$ 12,300

Loans (Summary Of Financial Eff

Loans (Summary Of Financial Effect of Modifications) (Details)	1 Months Ended	3 Months Ended	12 Months Ended
	Sep. 30, 2023	Mar. 31, 2024	Dec. 31, 2023
SBL Non-Real Estate [Member]
Financing Receivable, Modifications [Line Items]
More-Than-Insignificant-Payment Delay		1.58%	0.47%
SBL Commercial Mortgage [Member]
Financing Receivable, Modifications [Line Items]
More-Than-Insignificant-Payment Delay		0.52%
Direct Lease Financing [Member]
Financing Receivable, Modifications [Line Items]
Weighted average term extension (in months)			3 months
Real Estate Bridge Loans [Member]
Financing Receivable, Modifications [Line Items]
Weighted average interest rate reduction		1.68%
Weighted average term extension (in months)			12 months
More-Than-Insignificant-Payment Delay		1.28%
Loan amount, loan-to-value ratio	82%	68%

Loans (Loans Modified And Consi

Loans (Loans Modified And Considered Troubled Debt Restructurings) (Details) - Subsequently Defaulted [Member] $ in Thousands	3 Months Ended
	Mar. 31, 2024 USD ($) loan
Financing Receivable, Modifications [Line Items]
Number | loan	1
Pre-modification recorded investment | $	$ 3,552
Legacy Commercial Real Estate [Member]
Financing Receivable, Modifications [Line Items]
Number | loan	1
Pre-modification recorded investment | $	$ 3,552

Loans (Summary Of Gross Loans H

Loans (Summary Of Gross Loans Held For Investment By Year Of Origination And Internally Assigned Credit Grade) (Details) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2024 USD ($)	Dec. 31, 2023 USD ($)	Sep. 30, 2023 USD ($)	Mar. 31, 2023 USD ($)
Financing Receivable, Recorded Investment [Line Items]
Current Fiscal Year	$ 261,869	$ 975,467
Fiscal Year Before Latest Fiscal Year	977,382	1,539,551
Two Years Before Latest Fiscal Year	1,506,041	806,203
Three Years Before Latest Fiscal Year	771,388	146,373
Four Years Before Latest Fiscal Year	137,244	90,348
Prior	243,471	165,519
Revolving loans at amortized cost	1,551,867	1,628,878
Total	5,449,262	5,352,339
Unamortized loan fees and costs	10,082	8,800
Total loans, including unamortized loan fees and costs	5,459,344	5,361,139		$ 5,354,347
Total non-accrual loans	53,024	11,525
SBL Non-Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Current Fiscal Year	5,161	48,033
Fiscal Year Before Latest Fiscal Year	53,456	33,007
Two Years Before Latest Fiscal Year	31,705	27,809
Three Years Before Latest Fiscal Year	26,362	11,327
Four Years Before Latest Fiscal Year	9,465	4,703
Prior	8,885	6,256
Total	135,034	131,135
Total loans, including unamortized loan fees and costs	140,956	137,752		114,334
Total non-accrual loans	1,909	1,842
SBL Commercial Mortgage [Member]
Financing Receivable, Recorded Investment [Line Items]
Current Fiscal Year	33,607	128,750
Fiscal Year Before Latest Fiscal Year	131,849	138,281
Two Years Before Latest Fiscal Year	142,746	104,163
Three Years Before Latest Fiscal Year	97,682	68,087
Four Years Before Latest Fiscal Year	67,988	60,998
Prior	159,357	101,995
Total	633,229	602,274
Total loans, including unamortized loan fees and costs	637,926	606,986		492,798
Total non-accrual loans	3,483	2,381
SBL Construction [Member]
Financing Receivable, Recorded Investment [Line Items]
Current Fiscal Year	2,323	2,848
Fiscal Year Before Latest Fiscal Year	5,764	5,966
Two Years Before Latest Fiscal Year	1,685	7,642
Three Years Before Latest Fiscal Year	11,302	927
Four Years Before Latest Fiscal Year	927	4,534
Prior	5,289	710
Total	27,290	22,627
Total loans, including unamortized loan fees and costs	27,290	22,627		33,116
Total non-accrual loans	3,385	3,385
Direct Lease Financing [Member]
Financing Receivable, Recorded Investment [Line Items]
Current Fiscal Year	87,381	303,770
Fiscal Year Before Latest Fiscal Year	277,181	226,332
Two Years Before Latest Fiscal Year	205,863	95,145
Three Years Before Latest Fiscal Year	83,072	38,161
Four Years Before Latest Fiscal Year	31,926	17,799
Prior	17,089	4,450
Total	702,512	685,657
Total loans, including unamortized loan fees and costs	702,512	685,657		652,541
Total non-accrual loans	4,847	3,785
SBLOC [Member]
Financing Receivable, Recorded Investment [Line Items]
Revolving loans at amortized cost	954,751	980,419
Total	954,751	980,419
IBLOC [Member]
Financing Receivable, Recorded Investment [Line Items]
Revolving loans at amortized cost	595,562	646,866
Total	595,562	646,866
Advisor Financing [Member]
Financing Receivable, Recorded Investment [Line Items]
Current Fiscal Year	15,324	92,273
Fiscal Year Before Latest Fiscal Year	90,955	63,083
Two Years Before Latest Fiscal Year	61,675	40,994
Three Years Before Latest Fiscal Year	39,922	25,262
Four Years Before Latest Fiscal Year	24,330
Total	232,206	221,612
Total loans, including unamortized loan fees and costs	232,206	221,612		189,425
Real Estate Bridge Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Current Fiscal Year	109,086	397,073
Fiscal Year Before Latest Fiscal Year	418,012	1,072,622
Two Years Before Latest Fiscal Year	1,062,108	530,087
Three Years Before Latest Fiscal Year	512,690
Total	2,101,896	1,999,782
Total loans, including unamortized loan fees and costs	2,101,896	$ 1,999,782		1,752,322
Total non-accrual loans	$ 39,400		$ 47,800
Loan amount, weighted average loan-to-value ratio	72.5	70
Other Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Current Fiscal Year	$ 8,987	$ 2,720
Fiscal Year Before Latest Fiscal Year	165	260
Two Years Before Latest Fiscal Year	259	363
Three Years Before Latest Fiscal Year	358	2,609
Four Years Before Latest Fiscal Year	2,608	2,314
Prior	52,851	52,108
Revolving loans at amortized cost	1,554	1,593
Total	66,782	61,967
Total loans, including unamortized loan fees and costs	56,163	50,638		$ 60,210
Total non-accrual loans		132
SBL CRA [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	10,600	11,300
Non-Rated [Member] | SBL Non-Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Current Fiscal Year	587	507
Total	587	507
Non-Rated [Member] | Direct Lease Financing [Member]
Financing Receivable, Recorded Investment [Line Items]
Current Fiscal Year	1,977	1,273
Total	1,977	1,273
Non-Rated [Member] | SBLOC [Member]
Financing Receivable, Recorded Investment [Line Items]
Revolving loans at amortized cost	1,690	3,261
Total	1,690	3,261
Non-Rated [Member] | Other Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Current Fiscal Year	8,977	2,555
Prior	12,954	11,513
Total	21,931	14,068
Pass [Member] | SBL Non-Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Current Fiscal Year	4,574	47,066
Fiscal Year Before Latest Fiscal Year	53,009	32,512
Two Years Before Latest Fiscal Year	30,892	26,919
Three Years Before Latest Fiscal Year	25,574	9,662
Four Years Before Latest Fiscal Year	8,510	4,334
Prior	7,421	5,357
Total	129,980	125,850
Pass [Member] | SBL Commercial Mortgage [Member]
Financing Receivable, Recorded Investment [Line Items]
Current Fiscal Year	33,607	128,375
Fiscal Year Before Latest Fiscal Year	131,474	138,281
Two Years Before Latest Fiscal Year	142,746	93,399
Three Years Before Latest Fiscal Year	85,168	67,635
Four Years Before Latest Fiscal Year	67,445	58,550
Prior	154,876	98,704
Total	615,316	584,944
Pass [Member] | SBL Construction [Member]
Financing Receivable, Recorded Investment [Line Items]
Current Fiscal Year	2,323	2,848
Fiscal Year Before Latest Fiscal Year	5,764	5,966
Two Years Before Latest Fiscal Year	1,685	1,877
Three Years Before Latest Fiscal Year	5,537	927
Four Years Before Latest Fiscal Year	927	4,534
Prior	4,579
Total	20,815	16,152
Pass [Member] | Direct Lease Financing [Member]
Financing Receivable, Recorded Investment [Line Items]
Current Fiscal Year	85,404	302,362
Fiscal Year Before Latest Fiscal Year	276,002	221,768
Two Years Before Latest Fiscal Year	199,452	92,945
Three Years Before Latest Fiscal Year	80,585	37,664
Four Years Before Latest Fiscal Year	31,373	17,469
Prior	16,772	4,349
Total	689,588	676,557
Pass [Member] | SBLOC [Member]
Financing Receivable, Recorded Investment [Line Items]
Revolving loans at amortized cost	953,061	977,158
Total	953,061	977,158
Pass [Member] | IBLOC [Member]
Financing Receivable, Recorded Investment [Line Items]
Revolving loans at amortized cost	594,985	646,230
Total	594,985	646,230
Pass [Member] | Advisor Financing [Member]
Financing Receivable, Recorded Investment [Line Items]
Current Fiscal Year	15,324	92,273
Fiscal Year Before Latest Fiscal Year	90,955	63,083
Two Years Before Latest Fiscal Year	60,599	40,994
Three Years Before Latest Fiscal Year	31,104	24,321
Four Years Before Latest Fiscal Year	23,423
Total	221,405	220,671
Pass [Member] | Real Estate Bridge Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Current Fiscal Year	109,086	397,073
Fiscal Year Before Latest Fiscal Year	418,012	1,013,199
Two Years Before Latest Fiscal Year	965,541	461,474
Three Years Before Latest Fiscal Year	444,077
Total	1,936,716	1,871,746
Pass [Member] | Other Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Current Fiscal Year	10	165
Fiscal Year Before Latest Fiscal Year	165	260
Two Years Before Latest Fiscal Year	259	363
Three Years Before Latest Fiscal Year	358	2,609
Four Years Before Latest Fiscal Year	2,608	2,314
Prior	39,567	40,101
Revolving loans at amortized cost	1,554	1,593
Total	44,521	47,405
Special Mention [Member] | SBL Non-Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Current Fiscal Year		460
Fiscal Year Before Latest Fiscal Year	447
Two Years Before Latest Fiscal Year	318	258
Three Years Before Latest Fiscal Year	257	1,101
Four Years Before Latest Fiscal Year	273	119
Prior	590	337
Total	1,885	2,275
Special Mention [Member] | SBL Commercial Mortgage [Member]
Financing Receivable, Recorded Investment [Line Items]
Current Fiscal Year		375
Fiscal Year Before Latest Fiscal Year	375
Two Years Before Latest Fiscal Year		10,764
Three Years Before Latest Fiscal Year	10,759
Four Years Before Latest Fiscal Year	91	595
Prior	1,352	1,363
Total	12,577	13,097
Special Mention [Member] | SBL Construction [Member]
Financing Receivable, Recorded Investment [Line Items]
Two Years Before Latest Fiscal Year		3,090
Three Years Before Latest Fiscal Year	3,090
Total	3,090	3,090
Special Mention [Member] | Direct Lease Financing [Member]
Financing Receivable, Recorded Investment [Line Items]
Fiscal Year Before Latest Fiscal Year	94	666
Two Years Before Latest Fiscal Year	1,648	202
Three Years Before Latest Fiscal Year	978	125
Four Years Before Latest Fiscal Year	213	146
Prior	85
Total	3,018	1,139
Special Mention [Member] | Advisor Financing [Member]
Financing Receivable, Recorded Investment [Line Items]
Two Years Before Latest Fiscal Year	1,076
Three Years Before Latest Fiscal Year	8,818	941
Four Years Before Latest Fiscal Year	907
Total	10,801	941
Special Mention [Member] | Real Estate Bridge Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Fiscal Year Before Latest Fiscal Year		59,423
Two Years Before Latest Fiscal Year	64,067	16,913
Three Years Before Latest Fiscal Year	16,913
Total	80,980	76,336
Special Mention [Member] | Other Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Prior	330	362
Total	330	362
Substandard [Member] | SBL Non-Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Fiscal Year Before Latest Fiscal Year		495
Two Years Before Latest Fiscal Year	495	632
Three Years Before Latest Fiscal Year	531	564
Four Years Before Latest Fiscal Year	682	250
Prior	874	562
Total	2,582	2,503
Substandard [Member] | SBL Commercial Mortgage [Member]
Financing Receivable, Recorded Investment [Line Items]
Three Years Before Latest Fiscal Year	1,755	452
Four Years Before Latest Fiscal Year	452	1,853
Prior	3,129	1,928
Total	5,336	4,233
Substandard [Member] | SBL Construction [Member]
Financing Receivable, Recorded Investment [Line Items]
Two Years Before Latest Fiscal Year		2,675
Three Years Before Latest Fiscal Year	2,675
Prior	710	710
Total	3,385	3,385
Substandard [Member] | Direct Lease Financing [Member]
Financing Receivable, Recorded Investment [Line Items]
Current Fiscal Year		135
Fiscal Year Before Latest Fiscal Year	1,085	3,898
Two Years Before Latest Fiscal Year	4,763	1,998
Three Years Before Latest Fiscal Year	1,509	372
Four Years Before Latest Fiscal Year	340	184
Prior	232	101
Total	7,929	6,688
Substandard [Member] | IBLOC [Member]
Financing Receivable, Recorded Investment [Line Items]
Revolving loans at amortized cost	577	636
Total	577	636
Substandard [Member] | Real Estate Bridge Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Fiscal Year Before Latest Fiscal Year	12,300
Two Years Before Latest Fiscal Year	32,500	51,700
Three Years Before Latest Fiscal Year	51,700
Total	$ 84,200	51,700
Loan amount, weighted average loan-to-value ratio	79
Stabilized loan to value ratio	76
Substandard [Member] | Other Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Prior		132
Total		$ 132

Loans (Changes In Allowance For

Loans (Changes In Allowance For Loan And Lease Losses By Loan Category) (Details) - USD ($)	3 Months Ended		12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Changes in allowance for loan and lease losses by loan category [Abstract]
Loans and Leases Receivable, Allowance, Beginning Balance	$ 27,378,000	$ 22,374,000	$ 22,374,000
Charge-offs	(1,036,000)	(1,122,000)	(4,640,000)
Recoveries	36,000	344,000	1,179,000
Provision (credit)	2,363,000	2,198,000	8,465,000
Loans and Leases Receivable, Allowance, Ending Balance	28,741,000	23,794,000	27,378,000
Ending balance: Individually evaluated for expected credit loss	3,321,000	1,684,000	2,888,000
Ending balance: Collectively evaluated for expected credit loss	25,420,000	22,110,000	24,490,000
Loans [Abstract]
Loans: Ending Balance	5,459,344,000	5,354,347,000	5,361,139,000
Ending balance: Individually evaluated for expected credit loss	53,325,000	13,262,000	11,832,000
Ending balance: Collectively evaluated for expected credit loss	5,406,019,000	5,341,085,000	5,349,307,000
SBL Non-Real Estate [Member]
Changes in allowance for loan and lease losses by loan category [Abstract]
Loans and Leases Receivable, Allowance, Beginning Balance	6,059,000	5,028,000	5,028,000
Charge-offs	(111,000)	(214,000)	(871,000)
Recoveries	4,000	202,000	475,000
Provision (credit)	106,000	290,000	1,427,000
Loans and Leases Receivable, Allowance, Ending Balance	6,058,000	5,306,000	6,059,000
Ending balance: Individually evaluated for expected credit loss	618,000	458,000	670,000
Ending balance: Collectively evaluated for expected credit loss	5,440,000	4,848,000	5,389,000
Loans [Abstract]
Loans: Ending Balance	140,956,000	114,334,000	137,752,000
Ending balance: Individually evaluated for expected credit loss	1,983,000	1,160,000	1,919,000
Ending balance: Collectively evaluated for expected credit loss	138,973,000	113,174,000	135,833,000
SBL Commercial Mortgage [Member]
Changes in allowance for loan and lease losses by loan category [Abstract]
Loans and Leases Receivable, Allowance, Beginning Balance	2,820,000	2,585,000	2,585,000
Charge-offs			(76,000)
Recoveries		75,000	75,000
Provision (credit)	(264,000)	(179,000)	236,000
Loans and Leases Receivable, Allowance, Ending Balance	2,556,000	2,481,000	2,820,000
Ending balance: Individually evaluated for expected credit loss	41,000	481,000	343,000
Ending balance: Collectively evaluated for expected credit loss	2,515,000	2,000,000	2,477,000
Loans [Abstract]
Loans: Ending Balance	637,926,000	492,798,000	606,986,000
Ending balance: Individually evaluated for expected credit loss	3,483,000	2,948,000	2,381,000
Ending balance: Collectively evaluated for expected credit loss	634,443,000	489,850,000	604,605,000
SBL Construction [Member]
Changes in allowance for loan and lease losses by loan category [Abstract]
Loans and Leases Receivable, Allowance, Beginning Balance	285,000	565,000	565,000
Provision (credit)	58,000	(75,000)	(280,000)
Loans and Leases Receivable, Allowance, Ending Balance	343,000	490,000	285,000
Ending balance: Individually evaluated for expected credit loss	44,000	44,000	44,000
Ending balance: Collectively evaluated for expected credit loss	299,000	446,000	241,000
Loans [Abstract]
Loans: Ending Balance	27,290,000	33,116,000	22,627,000
Ending balance: Individually evaluated for expected credit loss	3,385,000	3,385,000	3,385,000
Ending balance: Collectively evaluated for expected credit loss	23,905,000	29,731,000	19,242,000
Direct Lease Financing [Member]
Changes in allowance for loan and lease losses by loan category [Abstract]
Loans and Leases Receivable, Allowance, Beginning Balance	10,454,000	7,972,000	7,972,000
Charge-offs	(919,000)	(905,000)	(3,666,000)
Recoveries	32,000	67,000	330,000
Provision (credit)	2,276,000	2,054,000	5,818,000
Loans and Leases Receivable, Allowance, Ending Balance	11,843,000	9,188,000	10,454,000
Ending balance: Individually evaluated for expected credit loss	2,618,000	689,000	1,827,000
Ending balance: Collectively evaluated for expected credit loss	9,225,000	8,499,000	8,627,000
Loans [Abstract]
Loans: Ending Balance	702,512,000	652,541,000	685,657,000
Ending balance: Individually evaluated for expected credit loss	4,847,000	1,381,000	3,785,000
Ending balance: Collectively evaluated for expected credit loss	697,665,000	651,160,000	681,872,000
SBLOC/IBLOC [Member]
Changes in allowance for loan and lease losses by loan category [Abstract]
Loans and Leases Receivable, Allowance, Beginning Balance	813,000	1,167,000	1,167,000
Charge-offs			(24,000)
Provision (credit)	(38,000)	(140,000)	(330,000)
Loans and Leases Receivable, Allowance, Ending Balance	775,000	1,027,000	813,000
Ending balance: Collectively evaluated for expected credit loss	775,000	1,027,000	813,000
Loans [Abstract]
Loans: Ending Balance	1,550,313,000	2,053,450,000	1,627,285,000
Ending balance: Collectively evaluated for expected credit loss	1,550,313,000	2,053,450,000	1,627,285,000
Advisor Financing [Member]
Changes in allowance for loan and lease losses by loan category [Abstract]
Loans and Leases Receivable, Allowance, Beginning Balance	1,662,000	1,293,000	1,293,000
Charge-offs
Recoveries
Provision (credit)	80,000	128,000	369,000
Loans and Leases Receivable, Allowance, Ending Balance	1,742,000	1,421,000	1,662,000
Ending balance: Individually evaluated for expected credit loss
Ending balance: Collectively evaluated for expected credit loss	1,742,000	1,421,000	1,662,000
Loans [Abstract]
Loans: Ending Balance	232,206,000	189,425,000	221,612,000
Ending balance: Individually evaluated for expected credit loss
Ending balance: Collectively evaluated for expected credit loss	232,206,000	189,425,000	221,612,000
Real Estate Bridge Loans [Member]
Changes in allowance for loan and lease losses by loan category [Abstract]
Loans and Leases Receivable, Allowance, Beginning Balance	4,740,000	3,121,000	3,121,000
Provision (credit)	149,000	156,000	1,619,000
Loans and Leases Receivable, Allowance, Ending Balance	4,889,000	3,277,000	4,740,000
Ending balance: Collectively evaluated for expected credit loss	4,889,000	3,277,000	4,740,000
Loans [Abstract]
Loans: Ending Balance	2,101,896,000	1,752,322,000	1,999,782,000
Ending balance: Individually evaluated for expected credit loss	39,400,000
Ending balance: Collectively evaluated for expected credit loss	2,062,496,000	1,752,322,000	1,999,782,000
Other Loans [Member]
Changes in allowance for loan and lease losses by loan category [Abstract]
Loans and Leases Receivable, Allowance, Beginning Balance	545,000	643,000	643,000
Charge-offs	(6,000)	(3,000)	(3,000)
Recoveries			299,000
Provision (credit)	(4,000)	(36,000)	(394,000)
Loans and Leases Receivable, Allowance, Ending Balance	535,000	604,000	545,000
Ending balance: Individually evaluated for expected credit loss		12,000	4,000
Ending balance: Collectively evaluated for expected credit loss	535,000	592,000	541,000
Loans [Abstract]
Loans: Ending Balance	56,163,000	60,210,000	50,638,000
Ending balance: Individually evaluated for expected credit loss	227,000	4,388,000	362,000
Ending balance: Collectively evaluated for expected credit loss	55,936,000	55,822,000	50,276,000
Unallocated [Member]
Loans [Abstract]
Loans: Ending Balance	10,082,000	6,151,000	8,800,000
Ending balance: Collectively evaluated for expected credit loss	10,082,000	6,151,000	$ 8,800,000
Unfunded Loan Commitment [Member]
Changes in allowance for loan and lease losses by loan category [Abstract]
Recoveries	194,000
Provision (credit)	$ 295,000	$ 135,000

Loans (Net Charge-Offs, By Year

Loans (Net Charge-Offs, By Year Of Origination) (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Year One, Originated, Current Fiscal Year, Current Period Charge-Offs	$ (3)		$ (138)
Financing Receivable, Year One, Originated, Current Fiscal Year, Current Period Net Charge Offs	(3)		(138)
Financing Receivable, Year Two, Originated, Fiscal Year before Current Fiscal Year, Charge-Offs	(26)		(2,150)
Financing Receivable, Year Two, Originated, Fiscal Year before Current Fiscal Year, Recoveries			48
Financing Receivable, Year Two, Originated, Fiscal Year before Current Fiscal Year, Net Charge Offs	(26)		(2,102)
Financing Receivable, Year Three, Originated, Two Years before Current Fiscal Year, Charge-Offs	(621)		(1,129)
Financing Receivable, Year Three, Originated, Two Years before Current Fiscal Year, Recoveries	8		168
Financing Receivable, Year Three, Originated, Two Years before Current Fiscal Year, Net Charge-Offs	(613)		(961)
Financing Receivable, Year Four, Originated, Three Years before Current Fiscal Year, Charge-Offs	(351)		(234)
Financing Receivable, Year Four, Originated, Three Years before Current Fiscal Year, Recoveries	14		96
Financing Receivable, Year Four, Originated, Three Years before Current Fiscal Year, Net Charges	(337)		(138)
Financing Receivable, Year Five, Originated, Four Years before Current Fiscal Year, Charge-Offs	(19)		(39)
Financing Receivable, Year Five, Originated, Four Years before Current Fiscal Year, Recoveries	5
Financing Receivable, Year Five, Originated, Four Years before Current Fiscal Year, Net Charge	(14)		(39)
Financing Receivable, Originated, More than Five Years before Current Fiscal Year, Charge-Offs	(16)		(950)
Financing Receivable, Originated, More than Five Years before Current Fiscal Year, Recoveries	9		867
Financing Receivable, Originated, More than Five Years before Current Fiscal Year, Net Charge-Offs	(7)		(83)
Charge-offs	(1,036)	$ (1,122)	(4,640)
Recoveries	36	344	1,179
Net Charge-Offs	(1,000)		(3,461)
SBL Non-Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Year Four, Originated, Three Years before Current Fiscal Year, Charge-Offs	101
Financing Receivable, Year Four, Originated, Three Years before Current Fiscal Year, Net Charges	101
Financing Receivable, Originated, More than Five Years before Current Fiscal Year, Charge-Offs	(10)		(871)
Financing Receivable, Originated, More than Five Years before Current Fiscal Year, Recoveries	4		475
Financing Receivable, Originated, More than Five Years before Current Fiscal Year, Net Charge-Offs	(6)		(396)
Charge-offs	(111)	(214)	(871)
Recoveries	4	202	475
Net Charge-Offs	(107)		(396)
SBL Commercial Mortgage [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Originated, More than Five Years before Current Fiscal Year, Charge-Offs			(76)
Financing Receivable, Originated, More than Five Years before Current Fiscal Year, Recoveries			75
Financing Receivable, Originated, More than Five Years before Current Fiscal Year, Net Charge-Offs			(1)
Charge-offs			(76)
Recoveries		75	75
Net Charge-Offs			(1)
Direct Lease Financing [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Year One, Originated, Current Fiscal Year, Current Period Charge-Offs	(3)		(138)
Financing Receivable, Year One, Originated, Current Fiscal Year, Current Period Net Charge Offs	(3)		(138)
Financing Receivable, Year Two, Originated, Fiscal Year before Current Fiscal Year, Charge-Offs	(20)		(2,138)
Financing Receivable, Year Two, Originated, Fiscal Year before Current Fiscal Year, Recoveries			48
Financing Receivable, Year Two, Originated, Fiscal Year before Current Fiscal Year, Net Charge Offs	(20)		(2,090)
Financing Receivable, Year Three, Originated, Two Years before Current Fiscal Year, Charge-Offs	(621)		(1,117)
Financing Receivable, Year Three, Originated, Two Years before Current Fiscal Year, Recoveries	8		168
Financing Receivable, Year Three, Originated, Two Years before Current Fiscal Year, Net Charge-Offs	(613)		(949)
Financing Receivable, Year Four, Originated, Three Years before Current Fiscal Year, Charge-Offs	(250)		(234)
Financing Receivable, Year Four, Originated, Three Years before Current Fiscal Year, Recoveries	14		96
Financing Receivable, Year Four, Originated, Three Years before Current Fiscal Year, Net Charges	(236)		(138)
Financing Receivable, Year Five, Originated, Four Years before Current Fiscal Year, Charge-Offs	(19)		(39)
Financing Receivable, Year Five, Originated, Four Years before Current Fiscal Year, Recoveries	5
Financing Receivable, Year Five, Originated, Four Years before Current Fiscal Year, Net Charge	(14)		(39)
Financing Receivable, Originated, More than Five Years before Current Fiscal Year, Charge-Offs	6
Financing Receivable, Originated, More than Five Years before Current Fiscal Year, Recoveries	5		18
Financing Receivable, Originated, More than Five Years before Current Fiscal Year, Net Charge-Offs	(1)		18
Charge-offs	(919)	(905)	(3,666)
Recoveries	32	67	330
Net Charge-Offs	(887)		(3,336)
IBLOC [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Year Two, Originated, Fiscal Year before Current Fiscal Year, Charge-Offs			(12)
Financing Receivable, Year Two, Originated, Fiscal Year before Current Fiscal Year, Net Charge Offs			(12)
Financing Receivable, Year Three, Originated, Two Years before Current Fiscal Year, Charge-Offs			(12)
Financing Receivable, Year Three, Originated, Two Years before Current Fiscal Year, Net Charge-Offs			(12)
Charge-offs			(24)
Net Charge-Offs			(24)
Advisor Financing [Member]
Financing Receivable, Recorded Investment [Line Items]
Charge-offs
Recoveries
Other Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Year Two, Originated, Fiscal Year before Current Fiscal Year, Charge-Offs	(6)
Financing Receivable, Year Two, Originated, Fiscal Year before Current Fiscal Year, Net Charge Offs	(6)
Financing Receivable, Originated, More than Five Years before Current Fiscal Year, Charge-Offs			(3)
Financing Receivable, Originated, More than Five Years before Current Fiscal Year, Recoveries			299
Financing Receivable, Originated, More than Five Years before Current Fiscal Year, Net Charge-Offs			296
Charge-offs	(6)	$ (3)	(3)
Recoveries			299
Net Charge-Offs	$ (6)		$ 296

Loans (Delinquent Loans By Loan

Loans (Delinquent Loans By Loan Category) (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023	Sep. 30, 2023	Mar. 31, 2023
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-accrual	$ 53,024	$ 11,525
Total loans, gross	5,449,262	5,352,339
Total loans, including unamortized loan fees and costs	5,459,344	5,361,139		$ 5,354,347
30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans, gross	24,550	30,217
60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans, gross	14,331	5,225
90+ Days Still Accruing [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans, gross	4,108	1,744
Total Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans, gross	96,013	48,711
Current [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans, gross	5,363,331	5,312,428
SBL Non-Real Estate [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-accrual	1,909	1,842
Total loans, gross	140,956	137,752
Total loans, including unamortized loan fees and costs	140,956	137,752		114,334
SBL Non-Real Estate [Member] | 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans, gross	130	84
SBL Non-Real Estate [Member] | 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans, gross	695	333
SBL Non-Real Estate [Member] | 90+ Days Still Accruing [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans, gross	157	336
SBL Non-Real Estate [Member] | Total Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans, gross	2,891	2,595
SBL Non-Real Estate [Member] | Current [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans, gross	138,065	135,157
SBL Commercial Mortgage [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-accrual	3,483	2,381
Total loans, gross	637,926	606,986
Total loans, including unamortized loan fees and costs	637,926	606,986		492,798
SBL Commercial Mortgage [Member] | 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans, gross	273	2,183
SBL Commercial Mortgage [Member] | Total Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans, gross	3,756	4,564
SBL Commercial Mortgage [Member] | Current [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans, gross	634,170	602,422
SBL Construction [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-accrual	3,385	3,385
Total loans, gross	27,290	22,627
Total loans, including unamortized loan fees and costs	27,290	22,627		33,116
SBL Construction [Member] | Total Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans, gross	3,385	3,385
SBL Construction [Member] | Current [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans, gross	23,905	19,242
Direct Lease Financing [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-accrual	4,847	3,785
Total loans, gross	702,512	685,657
Total loans, including unamortized loan fees and costs	702,512	685,657		652,541
Direct Lease Financing [Member] | 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans, gross	4,133	5,163
Direct Lease Financing [Member] | 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans, gross	2,307	1,209
Direct Lease Financing [Member] | 90+ Days Still Accruing [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans, gross	3,700	485
Direct Lease Financing [Member] | Total Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans, gross	14,987	10,642
Direct Lease Financing [Member] | Current [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans, gross	687,525	675,015
SBLOC/IBLOC [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans, gross	1,550,313	1,627,285
Total loans, including unamortized loan fees and costs	1,550,313	1,627,285		2,053,450
SBLOC/IBLOC [Member] | 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans, gross	19,941	21,934
SBLOC/IBLOC [Member] | 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans, gross	1,861	3,607
SBLOC/IBLOC [Member] | 90+ Days Still Accruing [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans, gross	248	745
SBLOC/IBLOC [Member] | Total Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans, gross	22,050	26,286
SBLOC/IBLOC [Member] | Current [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans, gross	1,528,263	1,600,999
Advisor Financing [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans, gross	232,206	221,612
Total loans, including unamortized loan fees and costs	232,206	221,612		189,425
Advisor Financing [Member] | Current [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans, gross	232,206	221,612
Real Estate Bridge Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-accrual	39,400		$ 47,800
Total loans, gross	2,101,896	1,999,782
Total loans, including unamortized loan fees and costs	2,101,896	1,999,782		$ 1,752,322
Real Estate Bridge Loans [Member] | 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans, gross	9,467
Real Estate Bridge Loans [Member] | Total Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans, gross	48,867
Real Estate Bridge Loans [Member] | Current [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans, gross	2,053,029	1,999,782
Other Loans II [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-accrual		132
Total loans, including unamortized loan fees and costs	56,163	50,638
Other Loans II [Member] | 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans, gross	73	853
Other Loans II [Member] | 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans, gross	1	76
Other Loans II [Member] | 90+ Days Still Accruing [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans, gross	3	178
Other Loans II [Member] | Total Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans, gross	77	1,239
Other Loans II [Member] | Current [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans, gross	56,086	49,399
Unamortized Loan Fees And Costs [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans, including unamortized loan fees and costs	10,082	8,800
Unamortized Loan Fees And Costs [Member] | Current [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans, gross	$ 10,082	$ 8,800

Loans (Scheduled Undiscounted C

Loans (Scheduled Undiscounted Cash Flows Of Direct Financing Leases) (Details) $ in Thousands	Mar. 31, 2024 USD ($)
Loans [Abstract]
Remaining 2024	$ 164,137
2025	164,935
2026	142,499
2027	73,403
2028	31,181
2029 and thereafter	5,053
Total undiscounted cash flows	581,208
Residual value	218,200
Difference between undiscounted cash flows and discounted cash flows	(96,896)
Present value of lease payments recorded as lease receivables	702,512
Direct residual value not guaranteed	$ 44,941

Transactions With Affiliates (D

Transactions With Affiliates (Details) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Related Party Transaction [Line Items]
Deposits	$ 6,890,756,000		$ 6,680,910,000
Affiliated Entity [Member]
Related Party Transaction [Line Items]
Deposits	0		0
Directors, Executive Officers, Principal Stockholders And Affiliates [Member]
Related Party Transaction [Line Items]
Due from related parties	5,300,000		$ 5,700,000
Duane Morris LLP [Member]
Related Party Transaction [Line Items]
Payment for legal services	$ 3,000	$ 2,700

Fair Value Measurements (Narrat

Fair Value Measurements (Narrative) (Details) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair value, transfers between three levels	$ 0	$ 0
Cash and cash equivalents	$ 1,250,000,000		$ 1,040,000,000
Estimated selling costs, percentage reduction	7%
Estimated selling costs	10%
Collateral dependent loans	$ 9,200,000
Specific reserves and other write downs on impaired loans	3,300,000
Fair Value, Measurements, Nonrecurring [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Collateral dependent loans	$ 5,852,000		$ 8,944,000
Fair Value, Measurements, Nonrecurring [Member] | Minimum [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Estimated selling costs	7%
Fair Value, Measurements, Nonrecurring [Member] | Maximum [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Estimated selling costs	10%

Fair Value Measurements (Carryi

Fair Value Measurements (Carrying Amount And Estimated Fair Value Of Assets And Liabilities) (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Carrying amount and estimated fair value of assets and liabilities [Abstract]
Investment securities available-for-sale	$ 718,247	$ 747,534
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
Significant Other Observable Inputs (Level 2) [Member]
Carrying amount and estimated fair value of assets and liabilities [Abstract]
Investment securities available-for-sale	706,176	735,463
Interest rate swaps, asset	312	285
Demand and interest checking	6,828,159	6,630,251
Savings and money market	62,597	50,659
Senior debt	91,362	96,539
Significant Unobservable Inputs (Level 3) [Member]
Carrying amount and estimated fair value of assets and liabilities [Abstract]
Investment securities available-for-sale	12,071	12,071
FHLB, ACBB, and Federal Reserve Bank stock	15,642	15,591
Commercial loans, at fair value	282,998	332,766
Loans, net of deferred loan fees and costs	5,411,026	5,329,436
Subordinated debentures	11,347	11,470
Carrying Amount [Member]
Carrying amount and estimated fair value of assets and liabilities [Abstract]
Investment securities available-for-sale	718,247	747,534
FHLB, ACBB, and Federal Reserve Bank stock	15,642	15,591
Commercial loans, at fair value	282,998	332,766
Loans, net of deferred loan fees and costs	5,459,344	5,361,139
Interest rate swaps, asset	312	285
Demand and interest checking	6,828,159	6,630,251
Savings and money market	62,597	50,659
Senior debt	95,948	95,859
Subordinated debentures	13,401	13,401
Securities sold under agreements to repurchase		42
Estimated Fair Value [Member]
Carrying amount and estimated fair value of assets and liabilities [Abstract]
Investment securities available-for-sale	718,247	747,534
FHLB, ACBB, and Federal Reserve Bank stock	15,642	15,591
Commercial loans, at fair value	282,998	332,766
Loans, net of deferred loan fees and costs	5,411,026	5,329,436
Interest rate swaps, asset	312	285
Demand and interest checking	6,828,159	6,630,251
Savings and money market	62,597	50,659
Senior debt	91,362	96,539
Subordinated debentures	$ 11,347	11,470
Securities sold under agreements to repurchase		$ 42

Fair Value Measurements (Assets

Fair Value Measurements (Assets Measured At Fair Value On A Recurring And Nonrecurring Basis) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Assets measured at fair value on a recurring basis [Abstract]
Total investment securities, available-for-sale	$ 718,247	$ 747,534
Assets measured on a nonrecurring basis [Abstract]
Collateral dependent loans	9,200
Other real estate owned	$ 19,559	16,949	$ 21,210
Estimated Selling Costs	10%
Fair Value, Measurements, Recurring [Member]
Assets measured at fair value on a recurring basis [Abstract]
U.S. Government agency securities	$ 31,964	33,886
Asset-backed securities	305,265	325,353
Obligations of states and political subdivisions	41,893	47,237
Residential mortgage-backed securities	163,511	160,767
Collateralized mortgage obligation securities	31,981	34,038
Commercial mortgage-backed securities	143,633	146,253
Total investment securities, available-for-sale	718,247	747,534
Commercial loans, at fair value	282,998	332,766
Interest rate swaps, asset	312	285
Total assets	1,001,557	1,080,585
Fair Value, Measurements, Nonrecurring [Member]
Assets measured on a nonrecurring basis [Abstract]
Collateral dependent loans	5,852	8,944
Other real estate owned	19,559	16,949
Assets nonrecurring	25,411	25,893
Significant Other Observable Inputs (Level 2) [Member]
Assets measured at fair value on a recurring basis [Abstract]
Total investment securities, available-for-sale	706,176	735,463
Interest rate swaps, asset	312	285
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	31,964	33,886
Asset-backed securities	305,265	325,353
Obligations of states and political subdivisions	41,893	47,237
Residential mortgage-backed securities	163,511	160,767
Collateralized mortgage obligation securities	31,981	34,038
Commercial mortgage-backed securities	131,562	134,182
Total investment securities, available-for-sale	706,176	735,463
Interest rate swaps, asset	312	285
Total assets	706,488	735,748
Significant Unobservable Inputs (Level 3) [Member]
Assets measured at fair value on a recurring basis [Abstract]
Total investment securities, available-for-sale	12,071	12,071
Commercial loans, at fair value	282,998	332,766
Assets measured on a nonrecurring basis [Abstract]
Other real estate owned	19,559	16,949
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	12,071	12,071
Total investment securities, available-for-sale	12,071	12,071
Commercial loans, at fair value	282,998	332,766
Total assets	295,069	344,837
Significant Unobservable Inputs (Level 3) [Member] | Fair Value, Measurements, Nonrecurring [Member]
Assets measured on a nonrecurring basis [Abstract]
Collateral dependent loans	5,852	8,944
Other real estate owned	19,559	16,949
Assets nonrecurring	$ 25,411	$ 25,893
Minimum [Member] | Fair Value, Measurements, Nonrecurring [Member]
Assets measured on a nonrecurring basis [Abstract]
Estimated Selling Costs	7%
Maximum [Member] | Fair Value, Measurements, Nonrecurring [Member]
Assets measured on a nonrecurring basis [Abstract]
Estimated Selling Costs	10%

Fair Value Measurements (Change

Fair Value Measurements (Changes In Company's Level 3 Assets) (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2024	Dec. 31, 2023
Available-For-Sale Securities [Member]
Changes in Company's Level 3 assets [Roll Forward]
Beginning balance	$ 12,071	$ 20,023
Total net (losses) or gains (realized/unrealized) Included in earnings (included in credit loss)		(10,000)
Total net (losses) or gains (realized/unrealized) Included in other comprehensive loss		2,048
Purchases, issuances, sales, settlements and charge-offs
Ending balance	12,071	12,071
Commercial Loans At Fair Value [Member]
Changes in Company's Level 3 assets [Roll Forward]
Beginning balance	332,766	589,143
Transfers to OREO	(1,978)	(2,686)
Total net (losses) or gains (realized/unrealized) Included in earnings	1,069	3,869
Purchases, issuances, sales, settlements and charge-offs
Issuances		134,256
Settlements	(48,859)	(391,816)
Ending balance	$ 282,998	332,766
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		$ (3,085)

Fair Value Measurements (Schedu

Fair Value Measurements (Schedule Of Other Real Estate Owned) (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2024	Dec. 31, 2023
Fair Value Measurements [Abstract]
Beginning balance	$ 16,949	$ 21,210
Transfer from loans, net	632	0
Transfers from commercial loans, at fair value	1,978	2,686
Write-downs	0	(1,147)
Sales	0	(5,800)
Ending balance	$ 19,559	$ 16,949

Fair Value Measurements (Fair V

Fair Value Measurements (Fair Value Inputs, Assets, Quantitative Information) (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2024 USD ($) item	Dec. 31, 2023 USD ($) item	Dec. 31, 2022 USD ($)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investment securities available-for-sale | $	$ 718,247	$ 747,534
Other real estate owned | $	19,559	16,949	$ 21,210
Total non-performing loans | $	5,449,262	$ 5,352,339
Subordinated Debentures [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Subordinated debentures | $	$ 13,400
SOFR [Member] | Subordinated Debentures [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt Instrument, Basis Spread on Variable Rate	3.51%
Measurement Input, Discount Rate [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Subordinated debentures, measurement input	0.1100	0.1100
Minimum [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Constant prepayment rates	3%
Maximum [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Constant prepayment rates	30%
Weighted Average [Member] | Measurement Input, Discount Rate [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Subordinated debentures, measurement input	0.1100	0.1100
Commercial Mortgage-backed Securities [Member] | Measurement Input, Discount Rate [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investment securities available-for-sale, measurement input	0.1400	0.1400
Commercial Mortgage-backed Securities [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	0.1400	0.1400
Commercial - SBA [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	0.0701	0.0746
Commercial - SBA [Member] | 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	0.0701	0.0746
Non-SBA CRE - 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	0.0852	0.0800
Non-SBA CRE - 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	0.1235	0.1230
Non-SBA CRE - 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	0.0960	0.0876
Non-SBA CRE - 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	0.1000	0.0930
Non-SBA CRE - 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	0.1700	0.1650
Non-SBA CRE - 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	0.1321	0.1419
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	0.0740	0.0740
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	0.1300	(0.1300)
Loans, Net Of Deferred Loan Fees And Costs [Member] | 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	0.0848	0.0841
Significant Unobservable Inputs (Level 3) [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investment securities available-for-sale | $	$ 12,071	$ 12,071
Federal Home Loan Bank And Atlantic Central Bankers Bank stock | $	15,642	15,591
Loans, net of deferred loan fees and costs | $	5,411,026	5,329,436
Commercial loans held for sale | $	282,998	332,766
Subordinated debentures | $	11,347	11,470
Other real estate owned | $	19,559	16,949
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 | $	12,071	12,071
Significant Unobservable Inputs (Level 3) [Member] | Commercial - SBA [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Commercial loans held for sale | $	109,131	119,287
Significant Unobservable Inputs (Level 3) [Member] | Non-SBA CRE - Fixed [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Commercial loans held for sale | $	162,565	162,674
Significant Unobservable Inputs (Level 3) [Member] | Non-SBA CRE - Floating [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Commercial loans held for sale | $	$ 11,302	$ 50,805

Derivatives (Narrative) (Detail

Derivatives (Narrative) (Details)	3 Months Ended
	Mar. 31, 2024 USD ($) item
Derivative [Line Items]
Notional Amount	$ 6,800,000
Number of interest rate swap agreements | item	1
Receivable under agreements	$ 312,000
Cash collateral	51,000
Interest Rate Swap [Member]
Derivative [Line Items]
Fair value adjustment on derivatives, gain	$ 27,000

Derivatives (Summary Of Derivat

Derivatives (Summary Of Derivatives) (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2024 USD ($)
Derivative [Line Items]
Notional Amount	$ 6,800
Fair Value	$ 312
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)	5.56%
Fair Value	$ 312

Other Identifiable Intangible_3

Other Identifiable Intangible Assets (Narrative) (Details) - USD ($)	1 Months Ended		3 Months Ended
	Jan. 31, 2020	May 31, 2016	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Finite-Lived Intangible Assets [Line Items]
Accumulated amortization			$ 2,939,000		$ 2,840,000
Amortization of intangible assets			99,000	$ 99,000
Goodwill			263,000		263,000
McMahon Leasing [Member]
Finite-Lived Intangible Assets [Line Items]
Goodwill	$ 263,000
Payments for purchase of business	8,700,000
Acquired finite-lived intangible assets	1,100,000
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 three years			709,000
Gross intangible assets		$ 3,400,000
Accumulated amortization			2,939,000		2,840,000
Amortization of intangible assets			340,000
Gross Carrying Amount			4,093,000		4,093,000
Customer List Intangibles [Member] | Lease Receivable Purchased [Member]
Finite-Lived Intangible Assets [Line Items]
Gross intangible assets			3,400,000		3,400,000
Accumulated amortization			$ 2,700,000		2,600,000
Customer List Intangibles [Member] | McMahon Leasing [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful life			12 years
Accumulated amortization			$ 244,000		$ 230,000
Finite-Lived Intangible Asset, Expected Amortization, Remainder of Fiscal Year			57,000
Finite-Lived Intangible Assets, Amortization Expense, Next Twelve Months			57,000
Finite-Lived Intangible Assets, Amortization Expense, Year Two			57,000
Finite-Lived Intangible Assets, Amortization Expense, Year Three			57,000
Finite-Lived Intangible Assets, Amortization Expense, Year Four			57,000
Finite-Lived Intangible Assets, Net			$ 287,000
Gross Carrying Amount	689,000
Trade Names [Member] | McMahon Leasing [Member]
Finite-Lived Intangible Assets [Line Items]
Acquired finite-lived intangible assets	$ 135,000

Other Identifiable Intangible_4

Other Identifiable Intangible Assets (Schedule Of Gross Carrying Value And Accumulated Amortization) (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Finite-Lived Intangible Assets [Line Items]
Goodwill	$ 263	$ 263
Total	4,491	4,491
Accumulated Amortization	2,939	2,840
Trade Names [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	135	135
Customer List Intangibles [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	4,093	4,093
Accumulated Amortization	$ 2,939	$ 2,840

Shareholders' Equity (Details)

Shareholders' Equity (Details) - USD ($) $ / shares in Units, $ in Millions

3 Months Ended

Mar. 31, 2024

Dec. 31, 2023

Sep. 30, 2023

Jun. 30, 2023

Mar. 31, 2023

Dec. 31, 2022

Sep. 30, 2022

Jun. 30, 2022

Mar. 31, 2022

Dec. 31, 2024

Jun. 30, 2024

Oct. 26, 2023

Dec. 31, 2021

Equity, Class of Treasury Stock [Line Items]

Amount per quarter planned for stock repurchase

$ 100

$ 60

$ 40

Cost of repurchased share

25

$ 25

$ 25

$ 25

$ 15

$ 15

$ 15

$ 15

Share repurchased during period, shares

1,262,212

Average cost of repurchased stock (in dollars per share)

$ 39.61

Forecast [Member]

Equity, Class of Treasury Stock [Line Items]

Amount per quarter planned for stock repurchase

$ 200

Common Stock Repurchase Program, 2024 [Member]

Equity, Class of Treasury Stock [Line Items]

Amount per quarter planned for stock repurchase

$ 50

$ 50

$ 200

Common Stock Repurchase Program, 2024 [Member] | Forecast [Member]

Equity, Class of Treasury Stock [Line Items]

Amount per quarter planned for stock repurchase

$ 100

Regulatory Matters (Schedule Of

Regulatory Matters (Schedule Of Regulatory Capital Amounts) (Details)	Mar. 31, 2024	Dec. 31, 2023
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Tier 1 capital to average assets ratio "Well capitalized" institution (under FDIC regulations-Basel III)	0.0500	0.0500
Tier 1 capital to risk-weighted assets ratio "Well capitalized" institution (under FDIC regulations-Basel III)	0.0800	0.0800
Total capital to risk-weighted assets ratio "Well capitalized" institution (under federal regulations-Basel III)	0.1000	0.1000
Common equity tier 1 to risk weighted assets "Well capitalized" institution (under federal regulations-Basel III)	0.0650	0.0650
The Bancorp, Inc. [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Tier 1 capital to average assets ratio	0.1087	0.1119
Tier 1 capital to risk-weighted assets ratio	0.1576	0.1566
Total capital to risk-weighted assets ratio	0.1635	0.1623
Common equity tier 1 to risk weighted assets	0.1576	0.1566
The Bancorp Bank, National Association [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Tier 1 capital to average assets ratio	0.1205	0.1237
Tier 1 capital to risk-weighted assets ratio	0.1743	0.1735
Total capital to risk-weighted assets ratio	0.1802	0.1792
Common equity tier 1 to risk weighted assets	0.1743	0.1735

Legal (Narrative) (Details)

Legal (Narrative) (Details) $ in Millions	Aug. 03, 2022 USD ($)
Cachet [Member]
Loss Contingencies [Line Items]
Loss Contingency, Damages Sought, Value	$ 150

Segment Financials (Narrative)

Segment Financials (Narrative) (Details)	3 Months Ended
	Mar. 31, 2024 item
Segment Financials [Abstract]
Number of segments	3

Segment Financials (Schedule Of

Segment Financials (Schedule Of Segment Financials) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Segment Reporting Information [Line Items]
Interest income	$ 135,809	$ 122,176
Interest expense	41,391	36,360
Net interest income	94,418	85,816
Provision for credit losses	2,169	1,903
Non-interest income	29,382	28,989
Non-interest expense	46,712	48,030
Income before income tax	74,919	64,872
Income tax expense	18,490	15,750
Net income	56,429	49,122
Total assets	7,915,856		$ 7,705,695
Total liabilities	7,099,091		6,898,414
Specialty Finance [Member]
Segment Reporting Information [Line Items]
Interest income	112,621	105,392
Interest allocation	(33,986)	(32,935)
Interest expense	858	1,486
Net interest income	77,777	70,971
Provision for credit losses	2,169	1,903
Non-interest income	1,697	3,417
Non-interest expense	22,823	21,479
Income before income tax	54,482	51,006
Net income	54,482	51,006
Total assets	5,670,852		5,682,035
Total liabilities	202,150		238,042
Payments [Member]
Segment Reporting Information [Line Items]
Interest income	1	18
Interest allocation	39,578	34,851
Interest expense	38,064	30,504
Net interest income	1,515	4,365
Non-interest income	27,281	25,528
Non-interest expense	20,194	19,217
Income before income tax	8,602	10,676
Net income	8,602	10,676
Total assets	31,081		42,769
Total liabilities	6,580,568		6,412,911
Corporate [Member]
Segment Reporting Information [Line Items]
Interest income	23,187	16,766
Interest allocation	(5,592)	(1,916)
Interest expense	2,469	4,370
Net interest income	15,126	10,480
Non-interest income	404	44
Non-interest expense	3,695	7,334
Income before income tax	11,835	3,190
Income tax expense	18,490	15,750
Net income	(6,655)	$ (12,560)
Total assets	2,213,923		1,980,891
Total liabilities	$ 316,373		$ 247,461

Subsequent Events (Details)

Subsequent Events (Details) - USD ($) $ / shares in Units, $ in Thousands

1 Months Ended

3 Months Ended

May 03, 2024

Apr. 30, 2024

Mar. 31, 2024

Dec. 31, 2023

Sep. 30, 2023

Jun. 30, 2023

Mar. 31, 2023

Dec. 31, 2022

Sep. 30, 2022

Jun. 30, 2022

Mar. 31, 2022

Dec. 31, 2024

Jun. 30, 2024

Oct. 26, 2023

Dec. 31, 2021

Subsequent Event [Line Items]

Cost of repurchased share

$ 25,000

$ 25,000

$ 25,000

$ 25,000

$ 15,000

$ 15,000

$ 15,000

$ 15,000

Average cost of repurchased stock (in dollars per share)

$ 39.61

Amount per quarter planned for stock repurchase

100,000

$ 60,000

$ 40,000

Investment securities available-for-sale

$ 718,247

747,534

Subsequent Event [Member]

Subsequent Event [Line Items]

Repurchase of shares

726,422

Cost of repurchased share

$ 23,300

Average cost of repurchased stock (in dollars per share)

$ 32.14

Investment securities available-for-sale

$ 900,000

Estimated weighted average yield of securities

5.11%

Estimated weighted average life of securities

8 years

Common Stock Repurchase Program, 2024 [Member]

Subsequent Event [Line Items]

Amount per quarter planned for stock repurchase

$ 50,000

$ 50,000

$ 200,000

Forecast [Member]

Subsequent Event [Line Items]

Amount per quarter planned for stock repurchase

$ 200,000

Forecast [Member] | Common Stock Repurchase Program, 2024 [Member]

Subsequent Event [Line Items]

Amount per quarter planned for stock repurchase

$ 100,000