First Foundation (FFWM) 10-Q 8 May 20 2020 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Mar. 31, 2020	May 06, 2020
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2020
Document Fiscal Year Focus	2020
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	Q1
Trading Symbol	FFWM
Entity Registrant Name	FIRST FOUNDATION INC.
Entity Central Index Key	0001413837
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Title of 12(b) Security	Common Stock
Security Exchange Name	NASDAQ
Entity File Number	001-36461
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	20-8639702
Entity Address, Address Line One	18101 Von Karman Avenue
Entity Address, Address Line Two	Suite 700
Entity Address, City or Town	Irvine
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	92612
City Area Code	949
Local Phone Number	202-4160
Entity Common Stock, Shares Outstanding		44,615,466
Document Quarterly Report	true
Document Transition Report	false

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
ASSETS
Cash and cash equivalents	$ 40,359	$ 65,387
Securities available-for-sale (“AFS”)	961,477	1,014,966
Loans held for sale	520,721	503,036
Loans, net of deferred fees	4,805,513	4,547,633
Allowance for credit losses (“ACL”)	(23,000)	(20,800)
Net loans	4,782,513	4,526,833
Premises and equipment, net	8,569	8,355
Investment in FHLB stock	21,168	21,519
Deferred taxes	9,132	11,079
Goodwill and intangibles	96,672	97,191
Other assets	73,097	66,070
Total Assets	6,513,708	6,314,436
Liabilities:
Deposits	5,030,827	4,891,144
Borrowings	794,000	743,000
Accounts payable and other liabilities	65,798	66,423
Total Liabilities	5,890,625	5,700,567
Commitments and contingencies
Shareholders’ Equity
Common Stock, par value $0.001: 70,000,000 shares authorized; 44,615,466 and 44,670,743 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively	45	45
Additional paid-in-capital	432,363	433,775
Retained earnings	185,852	175,773
Accumulated other comprehensive income (loss), net of tax	4,823	4,276
Total Shareholders’ Equity	623,083	613,869
Total Liabilities and Shareholders’ Equity	$ 6,513,708	$ 6,314,436

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Mar. 31, 2020	Dec. 31, 2019
Statement Of Financial Position [Abstract]
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	70,000,000	70,000,000
Common stock, shares issued	44,615,466	44,670,743
Common stock, shares outstanding	44,615,466	44,670,743

CONSOLIDATED INCOME STATEMENTS

CONSOLIDATED INCOME STATEMENTS - UNAUDITED - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Interest income:
Loans	$ 54,884	$ 53,835
Securities	6,997	6,165
FHLB stock, fed funds sold and interest-bearing deposits	457	544
Total interest income	62,338	60,544
Interest expense:
Deposits	14,646	15,448
Borrowings	2,824	4,049
Total interest expense	17,470	19,497
Net interest income	44,868	41,047
Provision for credit losses	4,079	540
Net interest income after provision for credit losses	40,789	40,507
Noninterest income:
Revenue from contract with customers	$ 7,762	$ 6,794
Type of Revenue [Extensible List]	us-gaap:InvestmentAdvisoryManagementAndAdministrativeServiceMember	us-gaap:InvestmentAdvisoryManagementAndAdministrativeServiceMember
Other income	$ 2,913	$ 1,671
Total noninterest income	10,675	8,465
Noninterest expense:
Compensation and benefits	19,857	18,902
Occupancy and depreciation	5,512	4,868
Professional services and marketing costs	1,754	2,004
Customer service costs	2,372	3,389
Other expenses	3,362	3,782
Total noninterest expense	32,857	32,945
Income before taxes on income	18,607	16,027
Taxes on income	5,396	4,768
Net income	$ 13,211	$ 11,259
Net income per share:
Basic	$ 0.30	$ 0.25
Diluted	$ 0.29	$ 0.25
Shares used in computation:
Basic	44,669,661	44,540,865
Diluted	44,952,669	44,798,306

CONSOLIDATED STATEMENT OF CHANG

CONSOLIDATED STATEMENT OF CHANGES IN SHAREHOLDERS' EQUITY - UNAUDITED - USD ($) $ in Thousands	Total	Common Stock	Additional Paid-in-Capital	Retained Earnings	Accumulated Other Comprehensive Income (Loss)
Beginning balance at Dec. 31, 2018	$ 559,184	$ 44	$ 431,832	$ 128,461	$ (1,153)
Beginning balance (in shares) at Dec. 31, 2018		44,496,007
Net income	11,259			11,259
Other comprehensive income (loss)	(759)				(759)
Stock based compensation	692		692
Cash dividend	(2,230)			(2,230)
Exercise of options	97		97
Exercise of options (in shares)		13,000
Stock grants - vesting of Restricted Stock Units (in shares)		111,824
Ending balance at Mar. 31, 2019	568,243	$ 44	432,621	137,490	(1,912)
Ending balance (in shares) at Mar. 31, 2019		44,620,831
Beginning balance at Dec. 31, 2019	613,869	$ 45	433,775	175,773	4,276
Beginning balance (in shares) at Dec. 31, 2019		44,670,743
Net income	13,211			13,211
Other comprehensive income (loss)	547				547
Stock based compensation	767		767
Cash dividend	(3,132)			(3,132)
Exercise of options	645		645
Exercise of options (in shares)		86,000
Stock grants - vesting of Restricted Stock Units (in shares)		83,057
Stock repurchase	(2,824)		(2,824)
Stock repurchase (in shares)		(224,334)
Ending balance at Mar. 31, 2020	$ 623,083	$ 45	$ 432,363	$ 185,852	$ 4,823
Ending balance (in shares) at Mar. 31, 2020		44,615,466

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - UNAUDITED - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Statement Of Income And Comprehensive Income [Abstract]
Net income	$ 13,211	$ 11,259
Other comprehensive income (loss):
Unrealized holding gains (losses) on securities arising during the period	772	(1,074)
Other comprehensive income (loss) before tax	772	(1,074)
Income tax expense (benefit) related to items of other comprehensive income	225	(315)
Other comprehensive income (loss)	547	(759)
Total comprehensive income	$ 13,758	$ 10,500

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - UNAUDITED - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Cash Flows from Operating Activities:
Net income	$ 13,211	$ 11,259
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for credit losses - loans	2,279	540
Provision for credit losses – securities AFS	1,800
Stock–based compensation expense	767	692
Depreciation and amortization	763	738
Deferred tax expense	1,722	734
Amortization of core deposit intangible	519	630
Amortization of mortgage servicing rights – net	361	320
Amortization of premiums on purchased loans – net	(4,174)	(2,171)
Gain on sale of REO		(118)
Gain from hedging activities	(36)	(291)
(Increase) decrease in other assets	(7,355)	887
Decrease in accounts payable and other liabilities	(8,973)	(2,028)
Net cash provided by operating activities	884	11,192
Cash Flows from Investing Activities:
Net increase in loans	(263,552)	(141,346)
Proceeds from sale of REO		468
Purchase of premises and equipment	(977)	(852)
Recovery of allowance for credit losses	451	208
Purchases of AFS securities	(3,000)
Maturities of AFS securities	55,443	20,537
Sale (purchases) of FHLB stock, net	351	(2,427)
Net cash used in investing activities	(211,284)	(123,412)
Cash Flows from Financing Activities:
Increase in deposits	139,683	35,734
Net increase in FHLB advances	51,000	92,000
Dividends paid	(3,132)	(2,230)
Proceeds from sale of stock, net	645	97
Repurchase of stock	(2,824)
Net cash provided by financing activities	185,372	125,601
Increase (decrease) in cash and cash equivalents	(25,028)	13,381
Cash and cash equivalents at beginning of year	65,387	67,312
Cash and cash equivalents at end of period	40,359	80,693
Supplemental disclosures of cash flow information:
Income taxes		149
Interest	19,804	17,447
Noncash transactions:
Transfer of loans to loans held for sale	10,163	101,397
Chargeoffs against allowance for credit losses	$ 530	$ 548

Basis of Presentation

Basis of Presentation	3 Months Ended
	Mar. 31, 2020
Accounting Policies [Abstract]
Basis of Presentation	NOTE 1: BASIS OF PRESENTATION The consolidated financial statements include First Foundation Inc. (“FFI”) and its wholly owned subsidiaries: First Foundation Advisors (“FFA”) and First Foundation Bank (“FFB” or the “Bank”) and the wholly owned subsidiaries of FFB, First Foundation Insurance Services (“FFIS”) and Blue Moon Management, LLC (collectively referred to as the “Company”). All intercompany balances and transactions have been eliminated in consolidation. The results of operations reflect any interim adjustments, all of which are of a normal recurring nature and which, in the opinion of management, are necessary for a fair presentation of the results for the interim period presented. The results for the 2020 interim periods are not necessarily indicative of the results expected for the full year. The consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America and prevailing practices within the banking industry. In preparing the consolidated financial statements, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the balance sheet and revenues and expenses for the period. Actual results could differ significantly from those estimates. The accompanying unaudited consolidated financial statements include all information and footnotes required for interim financial statement presentation. These financial statements assume that readers have read the most recent Annual Report on Form 10-K which contains the latest available audited consolidated financial statements and notes thereto as of and for the year ended December 31, 2019. Certain reclassifications have been made to the prior year consolidated financial statements to conform to the 2020 presentation. Recently adopted accounting guidance Measurement of Credit Losses on Financial Instruments: In June 2016, the FASB issued ASU 2016-13, Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments The Company adopted the amendments within ASU 2016-13 on January 1, 2020 using the modified retrospective method for all financial assets measured at amortized cost and off-balance sheet credit exposures. Results for the periods beginning after that date are presented under Topic 326, while prior period amounts continue to be reported in accordance with previously applicable U.S. GAAP. There was not any cumulative effect adjustment upon adoption. The Company elected to continue to account for purchase credit impaired (“PCI”) as a pool under ASC 310-30 and applied the prospective transition approach. The Company applied the prospective transition approach for debt securities for which other-than-temporary impairment had been recognized prior to January 1, 2020. As a result, the amortized cost basis remains the same before and after the effective date. The effective interest rate on these debt securities was not changed. Allowance for credit losses on investment securities: On January 1, 2020, the Company adopted the amendments within ASU 2016-13, which replaces the legacy US GAAP Other Than Temporary Impairment (“OTTI”) model with a credit loss model. The credit loss model under ASC 326-30, applicable to debt securities available for sale (“Securities AFS”), requires recognition of credit losses through an allowance account, but retains the concept from the OTTI model that credit losses are recognized once securities become impaired. For Securities AFS, a decline in fair value due to credit loss results in recognition of an allowance for credit losses. Impairment may result from credit deterioration of the issuer or collateral underlying the security. The assessment of determining if a decline in fair value resulted from a credit loss is performed at the individual security level. Among other factors, the Company considers: 1) the extent to which the fair value is less than the amortized cost basis; 2) the financial condition and near term prospects of the issuer, including consideration of relevant financial metrics or ratios of the issuer; 3) any adverse conditions related to an industry or geographic area of an issuer; 4) any changes to the rating of the security by a rating agency; and 5) any past due principal or interest payments from the issuer. If an assessment of the above factors indicates that a credit loss exists, the Company records an allowance for credit losses for the excess of the amortized cost basis over the present value of cash flows expected to be collected, limited to the amount that the security's fair value is less than its amortized cost basis. Subsequent changes in the allowance for credit losses are recorded as a provision for (or reversal of) credit loss expense. Interest accruals and amortization and accretion of premiums and discounts are suspended when the credit loss is recognized in earnings. Any interest received after the security has been placed on nonaccrual status is recognized on a cash basis. Accrued interest receivable on Securities AFS is excluded from the estimate of expected credit losses. The provision for credit losses on the consolidated income statement includes the provisions for credit losses for loans and securities AFS. For the quarter ending March 31, 2020, the provision for credit losses for loans was $2.3 million and the provision for credit losses for securities AFS was $1.8 million, resulting in a total provision for credit losses of $4.1 million. Recent Accounting Pronouncements In March 2020, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2020-04, “ Reference Rate Reform (Topic 848), Facilitation of the Effects of Reference Rate Reform on Financial Reporting” In November 2019, the FASB issued ASU 2019-12, “ Income Taxes (Topic 740), Simplifying the Accounting for Income Taxes” Topic 740 The amendments in this ASU are effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2020. The adoption of ASU 2019-12 is not expected to have a significant impact on the Company's consolidated financial statements. In July 2019, the FASB issued ASU 2019-07, Codification Updates to SEC Sections Disclosure Update and Simplification Investment Company Reporting Modernization The adoption of ASU 2019-07 is not expected to have a significant impact on the Company's consolidated financial statements.

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Mar. 31, 2020
Fair Value Disclosures [Abstract]
Fair Value Measurements	NOTE 2 : FAIR VALUE MEASUREMENTS Assets Measured at Fair Value on a Recurring Basis F air value is the exchange price that would be received for an asset or paid to transfer a liability (exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. Current accounting guidance establishes a fair value hierarchy, which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. There are three levels of inputs that may be used to measure fair values: Level 1: Quoted prices (unadjusted) for identical assets or liabilities in active markets that the entity has the ability to access as of the measurement date. Level 2: Significant other observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data. Level 3: Significant unobservable inputs that reflect the Company's own assumptions about the assumptions that market participants would use in pricing an asset or liability. Securities available for sale and effective with the adoption of ASU 2016-01 on January 1, 2018, investments in equity securities, are measured at fair value on a recurring basis depending upon whether the inputs are Level 1, 2 or 3 as described above. The Fair Value Measurement Level (dollars in thousands) Total Level 1 Level 2 Level 3 March 31, 2020: Investment securities available for sale: Agency mortgage-backed securities $ 862,811 $ — $ 862,811 $ — Beneficial interest – FHLMC securitizations 38,415 — — 38,415 Corporate bonds 58,786 — 58,786 — Other 1,465 409 1,056 — Investment in equity securities 293 293 — — Total assets at fair value on a recurring basis $ 961,770 $ 702 $ 922,653 $ 38,415 Derivatives: Interest rate swaps $ 8,333 $ — $ 8,333 $ — December 31, 2019: Investment securities available for sale: Agency mortgage-backed securities $ 914,977 $ — $ 914,977 $ — Beneficial interest – FHLMC securitizations 42,706 — — 42,706 Corporate bonds 55,834 — 55,834 — Other 1,449 403 1,046 — Investment in equity securities 434 434 — — Total assets at fair value on a recurring basis $ 1,015,400 $ 837 $ 971,857 $ 42,706 The decrease in Level 3 assets from December 31, 2019 was due to Beneficial interest – FHLMC securitization paydowns. Due to higher than expected prepayments on an underlying 2016 securitization, especially during the last three quarters, the value of an interest only strip security became impaired and we were required to reduce the value of the security by $1.8 million. Assets Measured at Fair Value on a Nonrecurring Basis From time to time, we may be required to measure other assets at fair value on a nonrecurring basis. These nonrecurring fair value adjustments typically involve application of lower of cost or market accounting or write-downs of individual assets. Loans . Loans measured at fair value on a nonrecurring basis include collateral dependent loans held for investment. The specific reserves for these loans are based on collateral value, net of estimated disposition costs and other identified quantitative inputs. Collateral value is determined based on independent third-party appraisals or internally-developed discounted cash flow analyses. Internal discounted cash flow analyses are also utilized to estimate the fair value of these loans, which considers internally-developed, unobservable inputs such as discount rates, default rates, and loss severity. When the fair value of the collateral is based on an observable market price or a current appraised value, we measure the impaired loan at nonrecurring Level 2. When an appraised value is not available, or management determines the fair value of the collateral is further impaired below the appraised value and there is no observable market price or a discounted cash flow has been used to determine the fair value, we measure the impaired loan at nonrecurring Level 3. The total collateral dependent impaired Level 3 loans were $18.0 million and $18.9 million at March 31, 2020 and December 31, 2019, respectively. There were no specific reserves related to these loans at March 31, 2020 and December 31, 2019. Real Estate Owned . The fair value of real estate owned is based on external appraised values that include adjustments for estimated selling costs and assumptions of market conditions that are not directly observable, resulting in a Level 3 classification. Mortgage Servicing Rights. When mortgage loans are sold with servicing retained, servicing rights are initially recorded at fair value with the income statement effect recorded in gains on sales of loans. Fair value is based on a valuation model that calculates the present value of estimated future net servicing income, resulting in a Level 3 classification. All classes of servicing assets are subsequently measured using the amortization method which requires servicing rights to be amortized into noninterest income in proportion to, and over the period of, the estimated future net servicing income of the underlying loans. Fair Value of Financial Instruments FASB ASC 825-10, “Disclosures about Fair Value of Financial Instruments” requires disclosure of the fair value information about financial instruments, whether or not recognized in the balance sheet, for which it is practicable to estimate such value. The methodologies for estimating the fair value of financial assets and financial liabilities measured at fair value on a recurring and non-recurring basis are discussed above. The estimated fair value amounts have been determined by management using available market information and appropriate valuation methodologies and are based on the exit price notion set forth by ASU 2016-01. In cases where quoted market prices are not available, fair values are based on estimates using present value or other market value techniques. Those techniques are significantly affected by the assumptions used, including the discount rate and estimates of future cash flows. In that regard, the derived fair value estimates cannot be substantiated by comparison to independent markets and, in many cases, could not be realized in immediate settlement of the instrument. The aggregate fair value amounts presented below do not represent the underlying value of the Company. Fair value estimates are made at a discrete point in time based on relevant market information and other information about the financial instruments. Because no active market exists for a significant portion of our financial instruments, fair value estimates are based in large part on judgments we make primarily regarding current economic conditions, risk characteristics of various financial instruments, prepayment rates, and future expected loss experience. These estimates are subjective in nature and invariably involve some inherent uncertainties. Additionally, unexpected changes in events or circumstances can occur that could require us to make changes to our assumptions and which, in turn, could significantly affect and require us to make changes to our previous estimates of fair value. In addition, the fair value estimates are based on existing on and off-balance sheet financial instruments without attempting to estimate the value of existing and anticipated future customer relationships and the value of assets and liabilities that are not considered financial instruments, such as premises and equipment and other real estate owned. The following methods and assumptions were used to estimate the fair value of financial instruments: Cash and Cash Equivalents . The fair value of cash and cash equivalents approximates its carrying value. Interest-Bearing Deposits with Financial Institutions . The fair values of interest-bearing deposits maturing within ninety days approximate their carrying values. Investment Securities Available for Sale . Investment securities available-for-sale are measured at fair value on a recurring basis. Fair value measurement is based upon quoted prices, if available. If quoted prices are not available, fair values are measured using independent pricing models or other model-based valuation techniques such as the present value of future cash flows, adjusted for the security’s credit rating, prepayment assumptions and other factors such as credit loss assumptions. When a market is illiquid or there is a lack of transparency around the inputs to valuation, the securities are classified as Level 3 and reliance is placed upon internally developed models, and management judgment and evaluation for valuation. Level 1 securities include those traded on an active exchange, such as the New York Stock Exchange, U.S. Treasury securities that are traded by dealers or brokers in active over-the-counter markets and money market funds. Level 2 securities include mortgage-backed securities issued by government sponsored entities, municipal bonds and corporate debt securities. Securities classified as Level 3 include beneficial interests in FHLMC securitizations. Significant assumptions in the valuation of these Level 3 securities as of March 31, 2020 and December 31, 2019 included prepayment rates ranging from 15% to 25% and discount rates ranging from 6.6% to 10%. Federal Home Loan Bank Stock. The Bank is a member of the Federal Home Loan Bank (the “FHLB”). As a member, we are required to own stock of the FHLB, the amount of which is based primarily on the level of our borrowings from this institution. The fair value of the stock is equal to the carrying amount, is classified as restricted securities and is periodically evaluated for impairment based on our assessment of the ultimate recoverability of our investments in that stock. Any cash or stock dividends paid to us on such stock are reported as income. Loans Held For Sale. The fair value of loans held for sale is determined using secondary market pricing. Loans Held for Investment . The fair value for loans with variable interest rates is the carrying amount. The fair value of fixed rate loans is derived by calculating the discounted value of future cash flows expected to be received by the various homogeneous categories of loans or by reference to secondary market pricing . All loans have been adjusted to reflect changes in credit risk. Deposits . The fair value of demand deposits, savings deposits, and money market deposits is defined as the amounts payable on demand. The fair value of fixed maturity certificates of deposit is estimated based on the discounted value of the future cash flows expected to be paid on the deposits. Borrowings . The fair value of borrowings is the carrying value of overnight FHLB advances that approximate fair value because of the short-term maturity of this instrument, resulting in a Level 2 classification. The fair value of term borrowings is derived by calculating the discounted value of future cash flows expected to be paid out by the Company. Interest rate swaps . Interest rate swaps are reported at an estimated fair value utilizing Level 2 inputs including LIBOR rates from overnight to one year and U.S. swap rates from one year to thirty years. The carrying amounts and estimated fair values of financial instruments are as follows as of: Carrying Fair Value Measurement Level (dollars in thousands) Value 1 2 3 Total March 31, 2020: Assets: Cash and cash equivalents $ 40,359 $ 40,359 $ — $ — $ 40,359 Securities AFS 961,477 409 922,653 38,415 961,477 Loans held for sale 520,721 — 526,082 — 526,082 Loans, net 4,782,513 — — 4,831,887 4,831,887 Investment in FHLB stock 21,168 — 21,168 — 21,168 Investment in equity securities 293 293 — — 293 Liabilities: Deposits $ 5,030,827 $ 3,080,232 $ 1,950,121 $ — $ 5,030,353 Borrowings 794,000 — 784,000 10,000 794,000 Interest rate swaps 8,333 — 8,333 — 8,333 December 31, 2019: Assets: Cash and cash equivalents $ 65,387 $ 65,387 $ — $ — $ 65,387 Securities AFS 1,014,966 403 971,857 42,706 1,014,966 Loans held for sale 503,036 — 506,750 — 506,750 Loans, net 4,526,833 — — 4,573,516 4,573,516 Investment in FHLB stock 21,519 — 21,519 — 21,519 Investment in equity securities 434 434 — — 434 Liabilities: Deposits $ 4,891,144 $ 2,913,493 $ 1,977,652 $ — $ 4,891,145 Borrowings 743,000 — 733,000 10,000 743,000

Securities

Securities	3 Months Ended
	Mar. 31, 2020
Investments Debt And Equity Securities [Abstract]
Securities	NOTE 3: SECURITIES The following table provides a summary of the Company’s securities AFS portfolio as of: Amortized Gross Unrealized Estimated (dollars in thousands) Cost Gains Losses Fair Value March 31, 2020: Agency mortgage-backed securities $ 855,835 $ 17,589 $ (10,613 ) $ 862,811 Beneficial interests in FHLMC securitization 40,433 878 (2,896 ) 38,415 Corporate bonds 57,000 1,921 (135 ) 58,786 Other 1,392 73 — 1,465 Total $ 954,660 $ 20,461 $ (13,644 ) $ 961,477 December 31, 2019: Agency mortgage-backed securities $ 905,949 $ 9,174 $ (146 ) $ 914,977 Beneficial interests in FHLMC securitization 47,586 1,801 (6,681 ) 42,706 Corporate bonds 54,000 1,834 — 55,834 Other 1,386 63 — 1,449 Total $ 1,008,921 $ 12,872 $ (6,827 ) $ 1,014,966 US Treasury securities of $0.4 million as of March 31, 2020 that are included in the table above as Other are pledged as collateral to the State of California to meet regulatory requirements related to the Bank’s trust operations. As of March 31, 2020, $74 million of agency mortgage-backed securities are pledged as collateral as support for the Bank’s obligations under loan sales and securitization agreements entered into in 2019 and 2018. The belo indicate a o th gros unrealize losse an fai value o ou investments aggregate b investmen categor and lengt o tim tha th individua securitie hav bee i continuou unrealize los position. Securities with Unrealized Loss at March 31, 2020 Less than 12 months 12 months or more Total (dollars in thousands) Fair Value Unrealized Fair Value Unrealized Loss Fair Value Unrealized Agency mortgage-backed securities $ 501,901 $ (10,613 ) $ — $ — $ 501,901 $ (10,613 ) Beneficial interests in FHLMC securitization 18,667 (2,607 ) 503 (289 ) 19,170 (2,896 ) Corporate bonds 14,865 (135 ) — — 14,865 (135 ) Other — — — — — — Total temporarily impaired securities $ 535,433 (13,355 ) $ 503 $ (289 ) $ 535,936 $ (13,644 ) Securities with Unrealized Loss at December 31, 2019 Less than 12 months 12 months or more Total (dollars in thousands) Fair Value Unrealized Fair Value Unrealized Loss Fair Value Unrealized Agency mortgage-backed securities $ 5,488 $ (2 ) $ 13,880 $ (144 ) $ 19,368 $ (146 ) Beneficial interests in FHLMC securitization 20,609 (2,856 ) 3,220 (3,825 ) 23,829 (6,681 ) Total temporarily impaired securities $ 26,097 $ (2,858 ) $ 17,100 $ (3,969 ) $ 43,197 $ (6,827 ) Unrealized losses in agency mortgage-backed securities, beneficial interests in FHLMC securitizations, and other securities have not been recognized into income because the issuer bonds are of high credit quality, management does not intend to sell, it is not more likely than not that management would be required to sell the securities prior to their anticipated recovery, and the decline in fair value is largely due to changes in discount rates and assumptions regarding future interest rates. The fair value is expected to recover as the bonds approach maturity. The assessment of determining if a decline in fair value resulted from a credit loss is performed at the individual security level. Among other factors considered are: 1) the extent to which the fair value is less than the amortized cost basis; 2) the financial condition and near term prospects of the issuer, including consideration of relevant financial metrics or ratios of the issuer; 3) any adverse conditions related to an industry or geographic area of an issuer; 4) any changes to the rating of the security by a rating agency; and 5) any past due principal or interest payments from the issuer. If an assessment of the above factors indicates that a credit loss exists, the Company records an allowance for credit losses for the excess of the amortized cost basis over the present value of cash flows expected to be collected, limited to the amount that the security's fair value is less than its amortized cost basis. Subsequent changes in the allowance for credit losses are recorded as a provision for (or reversal of) credit loss expense. Interest accruals and amortization and accretion of premiums and discounts are suspended when the credit loss is recognized in earnings. Any interest received after the security has been placed on nonaccrual status is recognized on a cash basis. Allowance for credit losses – Securities AFS (dollars in thousands) Balance: December 31, 2019 $ — Provision for credit losses 1,800 Impairment recorded (1,800 ) Balance: March 31, 2020 — Due to higher than expected prepayments on an underlying 2016 securitization, especially during the last three quarters, the value of an interest only strip security became impaired and we were required to reduce the value of the security by $1.8 million. The impairment was included as a charge in provision for credit losses on the consolidated income statement. The scheduled maturities of securities AFS and the related weighted average yields were as follows for the periods indicated: (dollars in thousands) Less than 1 Through 5 Through After Total March 31, 2020 Amortized Cost: Corporate bonds $ — $ — $ 57,000 $ — $ 57,000 Other — 400 992 — 1,392 Total — 400 57,992 — 58,392 Weighted average yield — % 2.26 % 5.35 % — % 5.33 % Estimated Fair Value: Corporate bonds $ — $ — $ 58,786 $ — $ 58,786 Other — 409 1,056 — 1,465 Total $ — $ 409 $ 59,842 $ — $ 60,251 (dollars in thousands) Less than 1 Through 5 Through After Total December 31, 2019 Amortized Cost: Corporate bonds $ — $ — $ 54,000 $ — $ 54,000 Other — 400 986 — 1,386 Total $ — $ 400 $ 54,986 $ — $ 55,386 Weighted average yield — % 2.25 % 5.29 % — % 5.27 % Estimated Fair Value: Corporate bonds $ — $ — $ 55,834 $ — $ 55,834 Other — 403 1,046 — 1,449 Total $ — $ 403 $ 56,880 $ — $ 57,283 Agency mortgage-backed securities and beneficial interests in FHLMC securitizations are excluded from the above table because such securities are not due at a single maturity date. The weighted average yield of the agency mortgage-backed securities and beneficial interests as of March 31, 2020 was 2.37%.

Loans

Loans	3 Months Ended
	Mar. 31, 2020
Receivables [Abstract]
Loans	NOTE 4: LOANS The following is a summary of our loans as of: (dollars in thousands) March 31, 2020 December 31, Outstanding principal balance: Loans secured by real estate: Residential properties: Multifamily $ 2,369,081 $ 2,143,919 Single family 851,443 871,181 Total real estate loans secured by residential properties 3,220,524 3,015,100 Commercial properties 793,182 834,042 Land 68,101 70,257 Total real estate loans 4,081,807 3,919,399 Commercial and industrial loans 696,596 600,213 Consumer loans 17,476 16,273 Total loans 4,795,879 4,535,885 Premiums, discounts and deferred fees and expenses 9,634 11,748 Total $ 4,805,513 $ 4,547,633 As of December 31, 2019, the principal balance shown above is net of unaccreted discount related to loans acquired in acquisitions of $8.4 million. In 2017 and 2018 the Company purchased loans, for which there was, at acquisition, evidence of deterioration of credit quality since origination and it was probable, at acquisition, that all contractually required payments would not be collected. The carrying amount of these purchased credit impaired loans is as follows as of: (dollars in thousands) March 31, 2020 December 31, Outstanding principal balance: Loans secured by real estate: Residential properties $ 364 $ 366 Commercial properties 5,544 6,146 Land — 1,058 Total real estate loans 5,908 7,570 Commercial and industrial loans 328 603 Total loans 6,236 8,173 Unaccreted discount on purchased credit impaired loans (3,129 ) (3,657 ) Total $ 3,107 $ 4,516 Accretable yield, or income expected to be collected on purchased credit impaired loans, and the related changes, is as follows for the periods indicated: (dollars in thousands) Three Months Ended March 31, 2020 Year Ended December 31, 2019 Beginning balance $ 402 $ 767 Accretion of income (28 ) (311 ) Reclassification from nonaccretable difference (300 ) 10 Disposals — (64 ) Ending balance $ 74 $ 402 The following table summarizes our delinquent and nonaccrual loans as of: Past Due and Still Accruing Total Past (dollars in thousands) 30–59 Days 60-89 Days 90 Days Nonaccrual Due and Current Total March 31, 2020: Real estate loans: Residential properties $ — $ — $ — $ 1,704 $ 1,704 $ 3,226,037 $ 3,227,741 Commercial properties — — 399 2,355 2,754 790,561 793,315 Land 500 — — — 500 67,525 68,025 Commercial and industrial loans 1,023 233 — 5,173 6,429 692,441 698,870 Consumer loans 2 — — 18 20 17,542 17,562 Total $ 1,525 $ 233 $ 399 $ 9,250 $ 11,407 $ 4,794,106 $ 4,805,513 Percentage of total loans 0.03 % 0.00 % 0.01 % 0.19 % 0.24 % December 31, 2019: Real estate loans: Residential properties $ 89 $ 13 $ — $ 1,743 $ 1,845 $ 3,013,255 $ 3,015,100 Commercial properties 7,586 — 403 2,410 10,399 823,643 834,042 Land — — — — — 70,257 70,257 Commercial and industrial loans 695 2,007 — 8,714 11,416 588,797 600,213 Consumer loans 22 3 — — 25 16,248 16,273 Total $ 8,392 $ 2,023 $ 403 $ 12,867 $ 23,685 $ 4,512,200 $ 4,535,885 Percentage of total loans 0.19 % 0.04 % 0.01 % 0.28 % 0.52 % The following table presents the loans classified as troubled debt restructurings (“TDR”) by accrual and nonaccrual status as of: March 31, 2020 December 31, 2019 (dollars in thousands) Accrual Nonaccrual Total Accrual Nonaccrual Total Residential loans $ 1,200 $ — $ 1,200 $ 1,200 $ — $ 1,200 Commercial real estate loans 1,168 1,405 2,573 1,188 2,166 3,354 Commercial and industrial loans 618 3,531 4,149 557 2,972 3,529 Total $ 2,986 $ 4,936 $ 7,922 $ 2,945 $ 5,138 $ 8,083 The following table provides information on loans that were modified as TDRs for the following periods: Outstanding Recorded Investment (dollars in thousands) Number of loans Pre-Modification Post-Modification Financial Impact Three Months Ended March 31, 2020: Residential loans — $ — $ — $ — Commercial real estate loans — — — — Commercial and industrial loans — — — — Total — $ — $ — $ — Outstanding Recorded Investment (dollars in thousands) Number of loans Pre-Modification Post-Modification Financial Impact Year Ended December 31, 2019: Residential loans 1 $ 1,200 $ 1,200 $ — Commercial real estate loans 1 2,872 2,872 — Commercial and industrial loans 7 1,754 1,754 — Total 9 $ 5,826 $ 5,826 $ — All of these loans were classified as a TDR as a result of a reduction in required principal payments and an extension of the maturity date of the loans. These loans have been paying in accordance with the terms of their restructure.

Allowance for Credit Losses

Allowance for Credit Losses	3 Months Ended
	Mar. 31, 2020
Receivables [Abstract]
Allowance for Credit Losses	NOTE 5: ALLOWANCE FOR CREDIT LOSSES The following is a roll forward of the Bank’s allowance for credit losses for the quarters ended March 31: (dollars in thousands) Beginning Provision for Charge-offs Recoveries Ending 2020: Real estate loans: Residential properties $ 8,423 $ (2,034 ) $ — $ — $ 6,389 Commercial properties 4,166 772 — — 4,938 Land 573 771 — — 1,344 Commercial and industrial loans 7,448 2,756 (530 ) 451 10,125 Consumer loans 190 14 — — 204 Total $ 20,800 $ 2,279 $ (530 ) $ 451 $ 23,000 2019: Real estate loans: Residential properties $ 9,216 $ 422 $ — $ — $ 9,638 Commercial properties 4,547 (232 ) — — 4,315 Land 391 (149 ) — — 242 Commercial and industrial loans 4,628 503 (543 ) 207 4,795 Consumer loans 218 (4 ) (5 ) 1 210 Total $ 19,000 $ 540 $ (548 ) $ 208 $ 19,200 The following table presents the balance in the allowance for credit losses and the recorded investment in loans by impairment method as of: Allowance for Credit Losses Unaccreted Evaluated for Impairment Purchased Component (dollars in thousands) Individually Collectively Impaired Total Other Loans March 31, 2020: Allowance for credit losses: Real estate loans: Residential properties $ — $ 6,389 $ — $ 6,389 Commercial properties — 4,938 — 4,938 Land — 1,344 — 1,344 Commercial and industrial loans 1,189 8,936 — 10,125 Consumer loans 19 185 — 204 Total $ 1,208 $ 21,792 $ — $ 23,000 Loans: Real estate loans: Residential properties $ 2,909 $ 3,224,832 $ — $ 3,227,741 Commercial properties 7,315 783,129 2,871 793,315 Land — 68,025 — 68,025 Commercial and industrial loans 7,715 690,919 236 698,870 Consumer loans 18 17,544 — 17,562 Total $ 17,957 $ 4,784,449 $ 3,107 $ 4,805,513 December 31, 2019: Allowance for credit losses: Real estate loans: Residential properties $ — $ 8,423 $ — $ 8,423 $ 1,013 Commercial properties 107 4,059 — 4,166 1,048 Land — 573 — 573 6 Commercial and industrial loans 763 6,685 — 7,448 277 Consumer loans — 190 — 190 1 Total $ 870 $ 19,930 $ — $ 20,800 $ 2,345 Loans: Real estate loans: Residential properties $ 2,897 $ 3,012,203 $ — $ 3,015,100 $ 189,339 Commercial properties 6,689 824,026 3,327 834,042 201,370 Land — 69,476 781 70,257 28,660 Commercial and industrial loans 9,316 590,489 408 600,213 24,143 Consumer loans — 16,273 — 16,273 253 Total $ 18,902 $ 4,512,467 $ 4,516 $ 4,535,885 $ 443,765 The column labeled “Unaccreted Credit Component Other Loans” represents the amount of unaccreted credit component discount for the other loans acquired in a business combination, and the stated principal balance of the related loans. The discount is equal to 0.53% of the stated principal balance of these loans as of December 31, 2019. In addition to this unaccreted credit component discount, an additional $0.3 million of ACL has been provided for these loans as of December 31, 2019. The Bank categorizes loans into risk categories based on relevant information about the ability of borrowers to service their debt such as current financial information, historical payment experience, collateral adequacy, credit documentation, and current economic trends, among other factors. The Bank analyzes loans individually by classifying the loans as to credit risk. This analysis typically includes larger, non-homogeneous loans such as loans secured by multifamily or commercial real estate and commercial and industrial loans. This analysis is performed on an ongoing basis as new information is obtained. The Bank uses the following definitions for risk ratings: Pass: Loans classified as pass are strong credits with no existing or known potential weaknesses deserving of management’s close attention. Special Mention: Loans classified as special mention have a potential weakness that deserves management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the loan or of the institution’s credit position at some future date. Substandard: Loans classified as substandard are inadequately protected by the current net worth and paying capacity of the obligor or of the collateral pledged, if any. Loans so classified have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that the institution will sustain some loss if the deficiencies are not corrected. PCD (PCI prior to January 1, 2020) loans are classified s substandard loans. Loans individually evaluated : Substandard loans and other TDR loans are individually evaluated for credit losses and are broken out separately in the table below. Loans listed as pass include larger non-homogeneous loans not meeting the risk rating definitions above and smaller, homogeneous loans not assessed on an individual basis. Based on the most recent analysis performed, the risk category of loans by class of loans is as follows as of: (dollars in thousands) Pass Special Substandard Loans Loans Individually Evaluated Total March 31, 2020: Real estate loans: Residential properties $ 3,224,832 $ — $ — $ 2,909 $ 3,227,741 Commercial properties 781,902 1,227 2,871 7,315 793,315 Land 68,025 — — — 68,025 Commercial and industrial loans 683,273 7,646 236 7,715 698,870 Consumer loans 17,544 — — 18 17,562 Total $ 4,775,576 $ 8,873 $ 3,107 $ 17,957 $ 4,805,513 December 31, 2019: Real estate loans: Residential properties $ 3,012,203 $ — $ — $ 2,897 $ 3,015,100 Commercial properties 821,425 679 5,249 6,689 834,042 Land 69,476 — 781 — 70,257 Commercial and industrial loans 579,153 8,202 3,542 9,316 600,213 Consumer loans 16,273 — — — 16,273 Total $ 4,498,530 $ 8,881 $ 9,572 $ 18,902 $ 4,535,885 The risk categories of loans based on year of origination, with classified loans defined as special mention loans, substandard loans and loans individually evaluated as of March 31, 2020, are as follows: (dollars in thousands) 2020 2019 2018 2017 2016 Prior Revolving Loans Total Loans secured by Real Estate: Residential Multifamily Pass $ 437,964 $ 697,119 $ 611,435 $ 377,833 $ 161,356 $ 89,830 $ — $ 2,375,537 Classified — — — — — — — — Total $ 437,964 $ 697,119 $ 611,435 $ 377,833 $ 161,356 $ 89,830 $ — $ 2,375,537 Single Family Pass $ 23,415 $ 113,706 $ 159,875 $ 137,909 $ 143,315 $ 241,893 $ 29,182 $ 849,295 Classified — — — 1,998 — 611 300 2,909 Total $ 23,415 $ 113,706 $ 159,875 $ 139,907 $ 143,315 $ 242,504 $ 29,482 $ 852,204 Commercial Real Estate Pass $ 6,069 $ 109,467 $ 145,796 $ 141,447 $ 133,583 $ 246,708 $ — $ 783,070 Classified — 44 — 1,716 1,300 7,184 — 10,244 Total $ 6,069 $ 109,511 $ 145,796 $ 143,163 $ 134,883 $ 253,892 $ — $ 793,314 Land and Constructions Pass $ — $ 13,618 $ 22,605 $ 29,946 $ 794 $ 1,062 $ — $ 68,025 Classified — — — — — — — — Total $ $ 13,618 $ 22,605 $ 29,946 $ 794 $ 1,062 $ — $ 68,025 Commercial Pass $ 80,076 $ 195,489 $ 89,205 $ 25,538 $ 17,905 $ 22,409 $ 252,711 $ 683,333 Classified 76 3,886 813 475 4,906 276 5,105 15,537 Total $ 80,152 $ 199,375 $ 90,018 $ 26,013 $ 22,811 $ 22,685 $ 257,816 $ 698,870 Consumer Pass $ 1,514 $ — $ 1,465 $ 5 $ 7,194 $ 146 $ 7,220 $ 17,544 Classified — — — 18 — — — 18 Total $ 1,514 $ — $ 1,465 $ 23 $ 7,194 $ 146 $ 7,220 $ 17,562 Total loans Pass $ 549,038 $ 1,129,399 $ 1,030,381 $ 712,678 $ 464,147 $ 602,048 $ 289,113 $ 4,776,804 Classified 76 3,930 831 4,189 6,207 8,071 5,405 28,709 Total $ 549,114 $ 1,133,329 $ 1,031,212 $ 716,867 $ 470,354 $ 610,119 $ 294,518 $ 4,805,513 Loans evaluated individually and any related allowance are as follows as of: With No Allowance Recorded With an Allowance Recorded (dollars in thousands) Unpaid Principal Balance Recorded Investment Unpaid Principal Balance Recorded Investment Related Allowance March 31, 2020 : Real estate loans: Residential properties $ 1,200 $ 1,200 $ 1,785 $ 1,710 $ — Commercial properties 4,963 4,955 2,622 2,359 — Land — — — — — Commercial and industrial loans 2,470 2,489 5,791 5,226 1,189 Consumer loans — — 19 18 19 Total $ 8,633 $ 8,644 $ 10,217 $ 9,313 $ 1,208 December 31, 2019 : Real estate loans: Residential properties $ 2,970 $ 2,897 $ — $ — $ — Commercial properties 5,683 5,456 1,188 1,188 107 Land — — — — — Commercial and industrial loans 6,485 5,708 3,764 3,653 763 Total $ 15,138 $ 14,061 $ 4,952 $ 4,841 $ 870 The weighted average annualized average balance of the recorded investment for these loans, beginning from when the loan became classified as a loan individually evaluated, and any interest income recorded on these loans after they became classified as a loan individually evaluated is as follows for the: Three Months Ended Year Ended (dollars in thousands) Average Recorded Investment Interest Income Average Recorded Investment Interest Income Real estate loans: Residential properties $ 2,974 $ 13 $ 1,765 $ 13 Commercial properties 7,126 59 8,889 341 Land — — 523 — Commercial and industrial loans 9,774 881 10,608 11 Consumer loans 6 — — — Total $ 19,880 $ 953 $ 21,785 $ 365 There was no interest income recognized on a cash basis in either 2020 or 2019 on these loans. The following table presents the amortized cost basis of collateral dependent loans, which are individually evaluated to determine expected credit losses and the related ACL allocated to these loans: (dollars in thousands) Real Estate Cash Equipment/ Receivables Total ACL Allocation March 31, 2020: Loans secured by Real Estate: Residential properties Single family $ 2,985 $ — $ — $ 2,985 $ — Commercial real estate loans 7,585 — — 7,585 — Land — — — — — Commercial loans 5,267 250 1,983 7,500 558 Consumer loans — — — — — Total $ 15,837 $ 250 $ 1,983 $ 18,070 $ 558

Loan Sales and Mortgage Servici

Loan Sales and Mortgage Servicing Rights	3 Months Ended
	Mar. 31, 2020
Loan Sales And Mortgage Servicing Rights Disclosure [Abstract]
Loan Sales and Mortgage Servicing Rights	NOTE 6: LOAN SALES AND MORTGAGE SERVICING RIGHTS In 2019, FFB recognized $4.2 million of gains on the sale of $549 million of multifamily loans. For sales of multifamily loans, FFB retained servicing rights for the majority of these loans and recognized mortgage servicing rights as part of the transactions. As of March 31, 2020 and December 31, 2019, mortgage servicing rights were $6.6 million and $7 million, respectively and the amount of loans serviced for others totaled $1.4 billion at March 31, 2020 and $1.7 billion at December 31, 2019. Servicing fees for the three months ended March 31, 2020, and in 2019 were $0.4 million and $1.7 million, respectively.

Deposits

Deposits	3 Months Ended
	Mar. 31, 2020
Deposits [Abstract]
Deposits	NOTE 7: DEPOSITS The following table summarizes the outstanding balance of deposits and average rates paid thereon as of: March 31, 2020 December 31, 2019 (dollars in thousands) Amount Weighted Amount Weighted Demand deposits: Noninterest-bearing $ 1,315,114 — $ 1,192,481 — Interest-bearing 384,215 0.436 % 386,276 0.635 % Money market and savings 1,380,903 0.849 % 1,334,736 1.355 % Certificates of deposits 1,950,595 1.732 % 1,977,651 1.971 % Total $ 5,030,827 0.938 % $ 4,891,144 1.217 % At March 31, 2020, of the $559 million of certificates of deposits of $250,000 or more, $557 million mature within one year and $2 million mature after one year. Of the $1.4 billion of certificates of deposit of less than $250,000, $1.4 billion mature within one year and $12 million mature after one year. At December 31, 2019, of the $472 million of certificates of deposits of $250,000 or more, $471 million mature within one year and $0.8 million mature after one year. Of the $1.5 billion of certificates of deposit of less than $250,000, $1.5 billion mature within one year and $13 million mature after one year.

Borrowings

Borrowings	3 Months Ended
	Mar. 31, 2020
Debt Disclosure [Abstract]
Borrowings	NOTE 8: BORROWINGS At March 31, 2020, our borrowings consisted of $34 million of overnight FHLB advances at the Bank, $750 million in FHLB term advances at the Bank and $10 million of borrowings under a holding company line of credit. At December 31, 2019, our borrowings consisted of $233 million of overnight FHLB advances at the Bank, a $500 million FHLB term advance at the Bank, and $10 million of borrowings under a holding company line of credit. The $500 million and $250 million FHLB term advances outstanding at March 31, 2020 mature in September 2020 and March 2021, respectively, and bear interest rates of 1.77% and 0.47%, respectively. The overnight FHLB advances were paid in full in the early part of April 2020 and January 2020, respectively, and bore interest rates of 0.21% and 1.66%, respectively. At March 31, 2020, the interest rate on the holding company line of credit was 5.41%. FHLB advances are collateralized primarily by loans secured by multifamily and commercial real estate properties with a carrying value of $3.6 billion as of March 31, 2020. As a matter of practice, the Bank provides substantially all of its qualifying loans as collateral to the FHLB. The Bank’s total borrowing capacity from the FHLB at March 31, 2020 was $1.6 billion. In addition to the $784 million borrowing at March 31, 2020, the Bank had in place $281 million of letters of credit from the FHLB which are used to meet collateral requirements for borrowings from the State of California and local agencies. During 2017, FFI entered into a loan agreement with an unaffiliated lender that provides for a revolving line of credit for up to $40 million. The loan agreement matures in five years, with an option to extend the maturity date subject to certain conditions, and bears interest at 90 day LIBOR plus 350 basis points (3.50%). FFI’s obligations under the loan agreement are secured by, among other things, a pledge of all of its equity in FFB. We are required to meet certain financial covenants during the term of the loan, including minimum capital levels and limits on classified assets. As of December 31, 2019 and March 31, 2020, FFI was in compliance with the covenants on this loan agreement. The Bank also has $120 million available borrowing capacity through unsecured fed funds lines, ranging in size from $20 million to $25 million, with five other financial institutions and a $184 million secured line with the Federal Reserve Bank. None of these lines had outstanding borrowings as of March 31, 2020 . Combined, the Bank’s unused lines of credit as of March 31, 2020 and December 31, 201 9 were $ 1.8 billion and $ billion, respectively. The average balance of overnight borrowings during the first three months of 20 20 was $ 126 million, as compared to $ 413 million during all of 201 9 .

Leases

Leases	3 Months Ended
	Mar. 31, 2020
Leases [Abstract]
Leases	NOTE 9: LEASES The Certain Supplemental lease information at or for the three months ended March 31, 2020 is as follows: (dollars in thousands) Balance Sheet: Operating lease asset classified as other assets $ 15,240 Operating lease liability classified as other liabilities 16,648 Income Statement: Operating lease cost classified as occupancy and equipment expense $ 1,469 Weighted average lease term, in years 4.85 Weighted average discount rate 3.62 % Operating cash flows $ 1,534 The calculated amount of the ROU assets and lease liabilities in the table above are impacted by the length of the lease term and the discount rate used to present value the minimum lease payments. The Company’s lease agreements often include one or more options to renew at the Company’s discretion. Topic 842 requires the use of the rate implicit in the lease whenever this rate is readily determinable. As this rate is rarely determinable, the Company utilizes its incremental borrowing rate at lease inception, on a collateralized basis, over a similar term. For operating leases existing prior to January 1, 2019, the rate for the remaining lease term as of January 1, 2019 was used. The table below summarizes the maturity of remaining lease liabilities at March 31, 2020: (dollars in thousands) 2020 $ 4,482 2021 6,023 2022 5,147 2023 2,305 2024 and after 3,211 Total future minimum lease payments $ 21,168 Discount on cash flows (4,520 ) Total lease liability $ 16,648

Earnings Per Share

Earnings Per Share	3 Months Ended
	Mar. 31, 2020
Earnings Per Share [Abstract]
Earnings Per Share	NOTE 10: EARNINGS PER SHARE Basic earnings per share excludes dilution and is computed by dividing net income or loss available to common stockholders by the weighted average number of common shares outstanding for the period. Diluted earnings per share reflects the potential dilution that could occur if contracts to issue common stock were exercised or converted into common stock that would then share in earnings. The following table sets forth the Company’s unaudited earnings per share calculations for the quarters ended March 31: 2020 2019 (dollars in thousands, except per share amounts) Basic Diluted Basic Diluted Net income $ 13,211 $ 13,211 $ 11,259 $ 11,259 Basic common shares outstanding 44,669,661 44,669,661 44,540,865 44,540,865 Effect of contingent shares issuable — 1,592 Effect of options and restricted stock 283,008 255,849 Diluted common shares outstanding 44,952,669 44,798,306 Earnings per share $ 0.30 $ 0.29 $ 0.25 $ 0.25 Based on a weighted average basis, restricted stock units to purchase 118,750 shares of common stock were excluded for the three months ended March 31, 2020 because their effect would have been anti-dilutive.

Segment Reporting

Segment Reporting	3 Months Ended
	Mar. 31, 2020
Segment Reporting [Abstract]
Segment Reporting	NOTE 11: SEGMENT REPORTING For the quarters ended March 31, 2020 and 2019, the Company had two reportable business segments: Banking (FFB and FFIS) and Wealth Management (FFA). The results of FFI and any elimination entries are included in the column labeled Other. The following tables show key operating results for each of our business segments used to arrive at our consolidated totals for the following periods: (dollars in thousands) Banking Wealth Management Other Total Quarter ended March 31, 2020: Interest income $ 62,338 $ — $ — $ 62,338 Interest expense 17,440 — 30 17,470 Net interest income 44,898 — (30 ) 44,868 Provision for loan losses 4,079 — — 4,079 Noninterest income 4,659 6,488 (472 ) 10,675 Noninterest expense 26,229 6,165 463 32,857 Income (loss) before taxes on income $ 19,249 $ 323 $ (965 ) $ 18,607 Quarter ended March 31, 2019: Interest income $ 60,544 $ — $ — $ 60,544 Interest expense 19,482 — 15 19,497 Net interest income 41,062 — (15 ) 41,047 Provision for loan losses 540 — — 540 Noninterest income 2,994 5,731 (260 ) 8,465 Noninterest expense 26,587 5,518 840 32,945 Income (loss) before taxes on income $ 16,929 $ 213 $ (1,115 ) $ 16,027

Subsequent Events

Subsequent Events	3 Months Ended
	Mar. 31, 2020
Subsequent Events [Abstract]
Subsequent Events	NOTE 12: SUBSEQUENT EVENTS Cash Dividend On April 28, 2020, the Board of Directors of the Company declared a quarterly cash dividend of $0.07 per common share to be paid on June 15, 2020 to stockholders of record as of the close of business on June 1, 2020.

Basis of Presentation (Policies

Basis of Presentation (Policies)	3 Months Ended
	Mar. 31, 2020
Accounting Policies [Abstract]
Basis of Presentation	The consolidated financial statements include First Foundation Inc. (“FFI”) and its wholly owned subsidiaries: First Foundation Advisors (“FFA”) and First Foundation Bank (“FFB” or the “Bank”) and the wholly owned subsidiaries of FFB, First Foundation Insurance Services (“FFIS”) and Blue Moon Management, LLC (collectively referred to as the “Company”). All intercompany balances and transactions have been eliminated in consolidation. The results of operations reflect any interim adjustments, all of which are of a normal recurring nature and which, in the opinion of management, are necessary for a fair presentation of the results for the interim period presented. The results for the 2020 interim periods are not necessarily indicative of the results expected for the full year. The consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America and prevailing practices within the banking industry. In preparing the consolidated financial statements, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the balance sheet and revenues and expenses for the period. Actual results could differ significantly from those estimates. The accompanying unaudited consolidated financial statements include all information and footnotes required for interim financial statement presentation. These financial statements assume that readers have read the most recent Annual Report on Form 10-K which contains the latest available audited consolidated financial statements and notes thereto as of and for the year ended December 31, 2019.
Recently Adopted Accounting Guidance and Recent Accounting Pronouncements	Recently adopted accounting guidance Measurement of Credit Losses on Financial Instruments: In June 2016, the FASB issued ASU 2016-13, Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments The Company adopted the amendments within ASU 2016-13 on January 1, 2020 using the modified retrospective method for all financial assets measured at amortized cost and off-balance sheet credit exposures. Results for the periods beginning after that date are presented under Topic 326, while prior period amounts continue to be reported in accordance with previously applicable U.S. GAAP. There was not any cumulative effect adjustment upon adoption. The Company elected to continue to account for purchase credit impaired (“PCI”) as a pool under ASC 310-30 and applied the prospective transition approach. The Company applied the prospective transition approach for debt securities for which other-than-temporary impairment had been recognized prior to January 1, 2020. As a result, the amortized cost basis remains the same before and after the effective date. The effective interest rate on these debt securities was not changed. Allowance for credit losses on investment securities: On January 1, 2020, the Company adopted the amendments within ASU 2016-13, which replaces the legacy US GAAP Other Than Temporary Impairment (“OTTI”) model with a credit loss model. The credit loss model under ASC 326-30, applicable to debt securities available for sale (“Securities AFS”), requires recognition of credit losses through an allowance account, but retains the concept from the OTTI model that credit losses are recognized once securities become impaired. For Securities AFS, a decline in fair value due to credit loss results in recognition of an allowance for credit losses. Impairment may result from credit deterioration of the issuer or collateral underlying the security. The assessment of determining if a decline in fair value resulted from a credit loss is performed at the individual security level. Among other factors, the Company considers: 1) the extent to which the fair value is less than the amortized cost basis; 2) the financial condition and near term prospects of the issuer, including consideration of relevant financial metrics or ratios of the issuer; 3) any adverse conditions related to an industry or geographic area of an issuer; 4) any changes to the rating of the security by a rating agency; and 5) any past due principal or interest payments from the issuer. If an assessment of the above factors indicates that a credit loss exists, the Company records an allowance for credit losses for the excess of the amortized cost basis over the present value of cash flows expected to be collected, limited to the amount that the security's fair value is less than its amortized cost basis. Subsequent changes in the allowance for credit losses are recorded as a provision for (or reversal of) credit loss expense. Interest accruals and amortization and accretion of premiums and discounts are suspended when the credit loss is recognized in earnings. Any interest received after the security has been placed on nonaccrual status is recognized on a cash basis. Accrued interest receivable on Securities AFS is excluded from the estimate of expected credit losses. The provision for credit losses on the consolidated income statement includes the provisions for credit losses for loans and securities AFS. For the quarter ending March 31, 2020, the provision for credit losses for loans was $2.3 million and the provision for credit losses for securities AFS was $1.8 million, resulting in a total provision for credit losses of $4.1 million. Recent Accounting Pronouncements In March 2020, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2020-04, “ Reference Rate Reform (Topic 848), Facilitation of the Effects of Reference Rate Reform on Financial Reporting” In November 2019, the FASB issued ASU 2019-12, “ Income Taxes (Topic 740), Simplifying the Accounting for Income Taxes” Topic 740 The amendments in this ASU are effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2020. The adoption of ASU 2019-12 is not expected to have a significant impact on the Company's consolidated financial statements. In July 2019, the FASB issued ASU 2019-07, Codification Updates to SEC Sections Disclosure Update and Simplification Investment Company Reporting Modernization The adoption of ASU 2019-07 is not expected to have a significant impact on the Company's consolidated financial statements.

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Mar. 31, 2020
Fair Value Disclosures [Abstract]
Recorded Amounts of Assets and Liabilities Measured at Fair Value on Recurring Basis	The Fair Value Measurement Level (dollars in thousands) Total Level 1 Level 2 Level 3 March 31, 2020: Investment securities available for sale: Agency mortgage-backed securities $ 862,811 $ — $ 862,811 $ — Beneficial interest – FHLMC securitizations 38,415 — — 38,415 Corporate bonds 58,786 — 58,786 — Other 1,465 409 1,056 — Investment in equity securities 293 293 — — Total assets at fair value on a recurring basis $ 961,770 $ 702 $ 922,653 $ 38,415 Derivatives: Interest rate swaps $ 8,333 $ — $ 8,333 $ — December 31, 2019: Investment securities available for sale: Agency mortgage-backed securities $ 914,977 $ — $ 914,977 $ — Beneficial interest – FHLMC securitizations 42,706 — — 42,706 Corporate bonds 55,834 — 55,834 — Other 1,449 403 1,046 — Investment in equity securities 434 434 — — Total assets at fair value on a recurring basis $ 1,015,400 $ 837 $ 971,857 $ 42,706
Carrying Amounts and Estimated Fair Value of Financial Instruments	The carrying amounts and estimated fair values of financial instruments are as follows as of: Carrying Fair Value Measurement Level (dollars in thousands) Value 1 2 3 Total March 31, 2020: Assets: Cash and cash equivalents $ 40,359 $ 40,359 $ — $ — $ 40,359 Securities AFS 961,477 409 922,653 38,415 961,477 Loans held for sale 520,721 — 526,082 — 526,082 Loans, net 4,782,513 — — 4,831,887 4,831,887 Investment in FHLB stock 21,168 — 21,168 — 21,168 Investment in equity securities 293 293 — — 293 Liabilities: Deposits $ 5,030,827 $ 3,080,232 $ 1,950,121 $ — $ 5,030,353 Borrowings 794,000 — 784,000 10,000 794,000 Interest rate swaps 8,333 — 8,333 — 8,333 December 31, 2019: Assets: Cash and cash equivalents $ 65,387 $ 65,387 $ — $ — $ 65,387 Securities AFS 1,014,966 403 971,857 42,706 1,014,966 Loans held for sale 503,036 — 506,750 — 506,750 Loans, net 4,526,833 — — 4,573,516 4,573,516 Investment in FHLB stock 21,519 — 21,519 — 21,519 Investment in equity securities 434 434 — — 434 Liabilities: Deposits $ 4,891,144 $ 2,913,493 $ 1,977,652 $ — $ 4,891,145 Borrowings 743,000 — 733,000 10,000 743,000

Securities (Tables)

Securities (Tables)	3 Months Ended
	Mar. 31, 2020
Investments Debt And Equity Securities [Abstract]
Summary of AFS Securities Portfolio	The following table provides a summary of the Company’s securities AFS portfolio as of: Amortized Gross Unrealized Estimated (dollars in thousands) Cost Gains Losses Fair Value March 31, 2020: Agency mortgage-backed securities $ 855,835 $ 17,589 $ (10,613 ) $ 862,811 Beneficial interests in FHLMC securitization 40,433 878 (2,896 ) 38,415 Corporate bonds 57,000 1,921 (135 ) 58,786 Other 1,392 73 — 1,465 Total $ 954,660 $ 20,461 $ (13,644 ) $ 961,477 December 31, 2019: Agency mortgage-backed securities $ 905,949 $ 9,174 $ (146 ) $ 914,977 Beneficial interests in FHLMC securitization 47,586 1,801 (6,681 ) 42,706 Corporate bonds 54,000 1,834 — 55,834 Other 1,386 63 — 1,449 Total $ 1,008,921 $ 12,872 $ (6,827 ) $ 1,014,966
Schedule of Securities in a Continuous Unrealized Loss Position Aggregated by Investment Category and Length of Time	The belo indicate a o th gros unrealize losse an fai value o ou investments aggregate b investmen categor and lengt o tim tha th individua securitie hav bee i continuou unrealize los position. Securities with Unrealized Loss at March 31, 2020 Less than 12 months 12 months or more Total (dollars in thousands) Fair Value Unrealized Fair Value Unrealized Loss Fair Value Unrealized Agency mortgage-backed securities $ 501,901 $ (10,613 ) $ — $ — $ 501,901 $ (10,613 ) Beneficial interests in FHLMC securitization 18,667 (2,607 ) 503 (289 ) 19,170 (2,896 ) Corporate bonds 14,865 (135 ) — — 14,865 (135 ) Other — — — — — — Total temporarily impaired securities $ 535,433 (13,355 ) $ 503 $ (289 ) $ 535,936 $ (13,644 ) Securities with Unrealized Loss at December 31, 2019 Less than 12 months 12 months or more Total (dollars in thousands) Fair Value Unrealized Fair Value Unrealized Loss Fair Value Unrealized Agency mortgage-backed securities $ 5,488 $ (2 ) $ 13,880 $ (144 ) $ 19,368 $ (146 ) Beneficial interests in FHLMC securitization 20,609 (2,856 ) 3,220 (3,825 ) 23,829 (6,681 ) Total temporarily impaired securities $ 26,097 $ (2,858 ) $ 17,100 $ (3,969 ) $ 43,197 $ (6,827 )
Summary of Allowance For Credit Losses - Securities AFS	Allowance for credit losses – Securities AFS (dollars in thousands) Balance: December 31, 2019 $ — Provision for credit losses 1,800 Impairment recorded (1,800 ) Balance: March 31, 2020 —
Scheduled Maturities of Securities AFS Other than Mortgage Backed Securities and the Related Weighted Average Yield	The scheduled maturities of securities AFS and the related weighted average yields were as follows for the periods indicated: (dollars in thousands) Less than 1 Through 5 Through After Total March 31, 2020 Amortized Cost: Corporate bonds $ — $ — $ 57,000 $ — $ 57,000 Other — 400 992 — 1,392 Total — 400 57,992 — 58,392 Weighted average yield — % 2.26 % 5.35 % — % 5.33 % Estimated Fair Value: Corporate bonds $ — $ — $ 58,786 $ — $ 58,786 Other — 409 1,056 — 1,465 Total $ — $ 409 $ 59,842 $ — $ 60,251 (dollars in thousands) Less than 1 Through 5 Through After Total December 31, 2019 Amortized Cost: Corporate bonds $ — $ — $ 54,000 $ — $ 54,000 Other — 400 986 — 1,386 Total $ — $ 400 $ 54,986 $ — $ 55,386 Weighted average yield — % 2.25 % 5.29 % — % 5.27 % Estimated Fair Value: Corporate bonds $ — $ — $ 55,834 $ — $ 55,834 Other — 403 1,046 — 1,449 Total $ — $ 403 $ 56,880 $ — $ 57,283

Loans (Tables)

Loans (Tables)	3 Months Ended
	Mar. 31, 2020
Receivables [Abstract]
Summary of Loans	The following is a summary of our loans as of: (dollars in thousands) March 31, 2020 December 31, Outstanding principal balance: Loans secured by real estate: Residential properties: Multifamily $ 2,369,081 $ 2,143,919 Single family 851,443 871,181 Total real estate loans secured by residential properties 3,220,524 3,015,100 Commercial properties 793,182 834,042 Land 68,101 70,257 Total real estate loans 4,081,807 3,919,399 Commercial and industrial loans 696,596 600,213 Consumer loans 17,476 16,273 Total loans 4,795,879 4,535,885 Premiums, discounts and deferred fees and expenses 9,634 11,748 Total $ 4,805,513 $ 4,547,633
Carrying Amount Of Purchased Credit Impaired Loans	In 2017 and 2018 the Company purchased loans, for which there was, at acquisition, evidence of deterioration of credit quality since origination and it was probable, at acquisition, that all contractually required payments would not be collected. The carrying amount of these purchased credit impaired loans is as follows as of: (dollars in thousands) March 31, 2020 December 31, Outstanding principal balance: Loans secured by real estate: Residential properties $ 364 $ 366 Commercial properties 5,544 6,146 Land — 1,058 Total real estate loans 5,908 7,570 Commercial and industrial loans 328 603 Total loans 6,236 8,173 Unaccreted discount on purchased credit impaired loans (3,129 ) (3,657 ) Total $ 3,107 $ 4,516
Schedule Of Changes In Accretable Yield For Purchased Credit Impaired Loans	Accretable yield, or income expected to be collected on purchased credit impaired loans, and the related changes, is as follows for the periods indicated: (dollars in thousands) Three Months Ended March 31, 2020 Year Ended December 31, 2019 Beginning balance $ 402 $ 767 Accretion of income (28 ) (311 ) Reclassification from nonaccretable difference (300 ) 10 Disposals — (64 ) Ending balance $ 74 $ 402
Summary of Delinquent and Nonaccrual Loans	The following table summarizes our delinquent and nonaccrual loans as of: Past Due and Still Accruing Total Past (dollars in thousands) 30–59 Days 60-89 Days 90 Days Nonaccrual Due and Current Total March 31, 2020: Real estate loans: Residential properties $ — $ — $ — $ 1,704 $ 1,704 $ 3,226,037 $ 3,227,741 Commercial properties — — 399 2,355 2,754 790,561 793,315 Land 500 — — — 500 67,525 68,025 Commercial and industrial loans 1,023 233 — 5,173 6,429 692,441 698,870 Consumer loans 2 — — 18 20 17,542 17,562 Total $ 1,525 $ 233 $ 399 $ 9,250 $ 11,407 $ 4,794,106 $ 4,805,513 Percentage of total loans 0.03 % 0.00 % 0.01 % 0.19 % 0.24 % December 31, 2019: Real estate loans: Residential properties $ 89 $ 13 $ — $ 1,743 $ 1,845 $ 3,013,255 $ 3,015,100 Commercial properties 7,586 — 403 2,410 10,399 823,643 834,042 Land — — — — — 70,257 70,257 Commercial and industrial loans 695 2,007 — 8,714 11,416 588,797 600,213 Consumer loans 22 3 — — 25 16,248 16,273 Total $ 8,392 $ 2,023 $ 403 $ 12,867 $ 23,685 $ 4,512,200 $ 4,535,885 Percentage of total loans 0.19 % 0.04 % 0.01 % 0.28 % 0.52 %
Composition of TDRs by Accrual and Nonaccrual Status	The following table presents the loans classified as troubled debt restructurings (“TDR”) by accrual and nonaccrual status as of: March 31, 2020 December 31, 2019 (dollars in thousands) Accrual Nonaccrual Total Accrual Nonaccrual Total Residential loans $ 1,200 $ — $ 1,200 $ 1,200 $ — $ 1,200 Commercial real estate loans 1,168 1,405 2,573 1,188 2,166 3,354 Commercial and industrial loans 618 3,531 4,149 557 2,972 3,529 Total $ 2,986 $ 4,936 $ 7,922 $ 2,945 $ 5,138 $ 8,083 The following table provides information on loans that were modified as TDRs for the following periods: Outstanding Recorded Investment (dollars in thousands) Number of loans Pre-Modification Post-Modification Financial Impact Three Months Ended March 31, 2020: Residential loans — $ — $ — $ — Commercial real estate loans — — — — Commercial and industrial loans — — — — Total — $ — $ — $ — Outstanding Recorded Investment (dollars in thousands) Number of loans Pre-Modification Post-Modification Financial Impact Year Ended December 31, 2019: Residential loans 1 $ 1,200 $ 1,200 $ — Commercial real estate loans 1 2,872 2,872 — Commercial and industrial loans 7 1,754 1,754 — Total 9 $ 5,826 $ 5,826 $ —

Allowance for Credit Losses (Ta

Allowance for Credit Losses (Tables)	3 Months Ended
	Mar. 31, 2020
Receivables [Abstract]
Bank's Allowance for Credit Losses	The following is a roll forward of the Bank’s allowance for credit losses for the quarters ended March 31: (dollars in thousands) Beginning Provision for Charge-offs Recoveries Ending 2020: Real estate loans: Residential properties $ 8,423 $ (2,034 ) $ — $ — $ 6,389 Commercial properties 4,166 772 — — 4,938 Land 573 771 — — 1,344 Commercial and industrial loans 7,448 2,756 (530 ) 451 10,125 Consumer loans 190 14 — — 204 Total $ 20,800 $ 2,279 $ (530 ) $ 451 $ 23,000 2019: Real estate loans: Residential properties $ 9,216 $ 422 $ — $ — $ 9,638 Commercial properties 4,547 (232 ) — — 4,315 Land 391 (149 ) — — 242 Commercial and industrial loans 4,628 503 (543 ) 207 4,795 Consumer loans 218 (4 ) (5 ) 1 210 Total $ 19,000 $ 540 $ (548 ) $ 208 $ 19,200
Balance in Allowance for Credit Losses and Recorded Investment in Loans by Impairment	The following table presents the balance in the allowance for credit losses and the recorded investment in loans by impairment method as of: Allowance for Credit Losses Unaccreted Evaluated for Impairment Purchased Component (dollars in thousands) Individually Collectively Impaired Total Other Loans March 31, 2020: Allowance for credit losses: Real estate loans: Residential properties $ — $ 6,389 $ — $ 6,389 Commercial properties — 4,938 — 4,938 Land — 1,344 — 1,344 Commercial and industrial loans 1,189 8,936 — 10,125 Consumer loans 19 185 — 204 Total $ 1,208 $ 21,792 $ — $ 23,000 Loans: Real estate loans: Residential properties $ 2,909 $ 3,224,832 $ — $ 3,227,741 Commercial properties 7,315 783,129 2,871 793,315 Land — 68,025 — 68,025 Commercial and industrial loans 7,715 690,919 236 698,870 Consumer loans 18 17,544 — 17,562 Total $ 17,957 $ 4,784,449 $ 3,107 $ 4,805,513 December 31, 2019: Allowance for credit losses: Real estate loans: Residential properties $ — $ 8,423 $ — $ 8,423 $ 1,013 Commercial properties 107 4,059 — 4,166 1,048 Land — 573 — 573 6 Commercial and industrial loans 763 6,685 — 7,448 277 Consumer loans — 190 — 190 1 Total $ 870 $ 19,930 $ — $ 20,800 $ 2,345 Loans: Real estate loans: Residential properties $ 2,897 $ 3,012,203 $ — $ 3,015,100 $ 189,339 Commercial properties 6,689 824,026 3,327 834,042 201,370 Land — 69,476 781 70,257 28,660 Commercial and industrial loans 9,316 590,489 408 600,213 24,143 Consumer loans — 16,273 — 16,273 253 Total $ 18,902 $ 4,512,467 $ 4,516 $ 4,535,885 $ 443,765
Risk Category of Loans by Class of Loans	Based on the most recent analysis performed, the risk category of loans by class of loans is as follows as of: (dollars in thousands) Pass Special Substandard Loans Loans Individually Evaluated Total March 31, 2020: Real estate loans: Residential properties $ 3,224,832 $ — $ — $ 2,909 $ 3,227,741 Commercial properties 781,902 1,227 2,871 7,315 793,315 Land 68,025 — — — 68,025 Commercial and industrial loans 683,273 7,646 236 7,715 698,870 Consumer loans 17,544 — — 18 17,562 Total $ 4,775,576 $ 8,873 $ 3,107 $ 17,957 $ 4,805,513 December 31, 2019: Real estate loans: Residential properties $ 3,012,203 $ — $ — $ 2,897 $ 3,015,100 Commercial properties 821,425 679 5,249 6,689 834,042 Land 69,476 — 781 — 70,257 Commercial and industrial loans 579,153 8,202 3,542 9,316 600,213 Consumer loans 16,273 — — — 16,273 Total $ 4,498,530 $ 8,881 $ 9,572 $ 18,902 $ 4,535,885
Risk Category of Loans Based on Year of Origination	The risk categories of loans based on year of origination, with classified loans defined as special mention loans, substandard loans and loans individually evaluated as of March 31, 2020, are as follows: (dollars in thousands) 2020 2019 2018 2017 2016 Prior Revolving Loans Total Loans secured by Real Estate: Residential Multifamily Pass $ 437,964 $ 697,119 $ 611,435 $ 377,833 $ 161,356 $ 89,830 $ — $ 2,375,537 Classified — — — — — — — — Total $ 437,964 $ 697,119 $ 611,435 $ 377,833 $ 161,356 $ 89,830 $ — $ 2,375,537 Single Family Pass $ 23,415 $ 113,706 $ 159,875 $ 137,909 $ 143,315 $ 241,893 $ 29,182 $ 849,295 Classified — — — 1,998 — 611 300 2,909 Total $ 23,415 $ 113,706 $ 159,875 $ 139,907 $ 143,315 $ 242,504 $ 29,482 $ 852,204 Commercial Real Estate Pass $ 6,069 $ 109,467 $ 145,796 $ 141,447 $ 133,583 $ 246,708 $ — $ 783,070 Classified — 44 — 1,716 1,300 7,184 — 10,244 Total $ 6,069 $ 109,511 $ 145,796 $ 143,163 $ 134,883 $ 253,892 $ — $ 793,314 Land and Constructions Pass $ — $ 13,618 $ 22,605 $ 29,946 $ 794 $ 1,062 $ — $ 68,025 Classified — — — — — — — — Total $ $ 13,618 $ 22,605 $ 29,946 $ 794 $ 1,062 $ — $ 68,025 Commercial Pass $ 80,076 $ 195,489 $ 89,205 $ 25,538 $ 17,905 $ 22,409 $ 252,711 $ 683,333 Classified 76 3,886 813 475 4,906 276 5,105 15,537 Total $ 80,152 $ 199,375 $ 90,018 $ 26,013 $ 22,811 $ 22,685 $ 257,816 $ 698,870 Consumer Pass $ 1,514 $ — $ 1,465 $ 5 $ 7,194 $ 146 $ 7,220 $ 17,544 Classified — — — 18 — — — 18 Total $ 1,514 $ — $ 1,465 $ 23 $ 7,194 $ 146 $ 7,220 $ 17,562 Total loans Pass $ 549,038 $ 1,129,399 $ 1,030,381 $ 712,678 $ 464,147 $ 602,048 $ 289,113 $ 4,776,804 Classified 76 3,930 831 4,189 6,207 8,071 5,405 28,709 Total $ 549,114 $ 1,133,329 $ 1,031,212 $ 716,867 $ 470,354 $ 610,119 $ 294,518 $ 4,805,513
Individual Evaluation of Loans and Related Allowance	Loans evaluated individually and any related allowance are as follows as of: With No Allowance Recorded With an Allowance Recorded (dollars in thousands) Unpaid Principal Balance Recorded Investment Unpaid Principal Balance Recorded Investment Related Allowance March 31, 2020 : Real estate loans: Residential properties $ 1,200 $ 1,200 $ 1,785 $ 1,710 $ — Commercial properties 4,963 4,955 2,622 2,359 — Land — — — — — Commercial and industrial loans 2,470 2,489 5,791 5,226 1,189 Consumer loans — — 19 18 19 Total $ 8,633 $ 8,644 $ 10,217 $ 9,313 $ 1,208 December 31, 2019 : Real estate loans: Residential properties $ 2,970 $ 2,897 $ — $ — $ — Commercial properties 5,683 5,456 1,188 1,188 107 Land — — — — — Commercial and industrial loans 6,485 5,708 3,764 3,653 763 Total $ 15,138 $ 14,061 $ 4,952 $ 4,841 $ 870
Weighted Average Annualized Balance of Recorded Investment and Interest Income on Loans	The weighted average annualized average balance of the recorded investment for these loans, beginning from when the loan became classified as a loan individually evaluated, and any interest income recorded on these loans after they became classified as a loan individually evaluated is as follows for the: Three Months Ended Year Ended (dollars in thousands) Average Recorded Investment Interest Income Average Recorded Investment Interest Income Real estate loans: Residential properties $ 2,974 $ 13 $ 1,765 $ 13 Commercial properties 7,126 59 8,889 341 Land — — 523 — Commercial and industrial loans 9,774 881 10,608 11 Consumer loans 6 — — — Total $ 19,880 $ 953 $ 21,785 $ 365
Amortized Cost Basis of Collateral Dependent Loans Individually Evaluated to Determine Credit Losses and Related ACL Allocated to Loans	The following table presents the amortized cost basis of collateral dependent loans, which are individually evaluated to determine expected credit losses and the related ACL allocated to these loans: (dollars in thousands) Real Estate Cash Equipment/ Receivables Total ACL Allocation March 31, 2020: Loans secured by Real Estate: Residential properties Single family $ 2,985 $ — $ — $ 2,985 $ — Commercial real estate loans 7,585 — — 7,585 — Land — — — — — Commercial loans 5,267 250 1,983 7,500 558 Consumer loans — — — — — Total $ 15,837 $ 250 $ 1,983 $ 18,070 $ 558

Deposits (Tables)

Deposits (Tables)	3 Months Ended
	Mar. 31, 2020
Deposits [Abstract]
Summary of Outstanding Balance of Deposits and Average Rates	The following table summarizes the outstanding balance of deposits and average rates paid thereon as of: March 31, 2020 December 31, 2019 (dollars in thousands) Amount Weighted Amount Weighted Demand deposits: Noninterest-bearing $ 1,315,114 — $ 1,192,481 — Interest-bearing 384,215 0.436 % 386,276 0.635 % Money market and savings 1,380,903 0.849 % 1,334,736 1.355 % Certificates of deposits 1,950,595 1.732 % 1,977,651 1.971 % Total $ 5,030,827 0.938 % $ 4,891,144 1.217 %

Leases (Tables)

Leases (Tables)	3 Months Ended
	Mar. 31, 2020
Leases [Abstract]
Schedule Of Supplemental Lease Information	Supplemental lease information at or for the three months ended March 31, 2020 is as follows: (dollars in thousands) Balance Sheet: Operating lease asset classified as other assets $ 15,240 Operating lease liability classified as other liabilities 16,648 Income Statement: Operating lease cost classified as occupancy and equipment expense $ 1,469 Weighted average lease term, in years 4.85 Weighted average discount rate 3.62 % Operating cash flows $ 1,534
Summary of Maturity of Remaining Lease Liabilities	The table below summarizes the maturity of remaining lease liabilities at March 31, 2020: (dollars in thousands) 2020 $ 4,482 2021 6,023 2022 5,147 2023 2,305 2024 and after 3,211 Total future minimum lease payments $ 21,168 Discount on cash flows (4,520 ) Total lease liability $ 16,648

Earnings Per Share (Tables)

Earnings Per Share (Tables)	3 Months Ended
	Mar. 31, 2020
Earnings Per Share [Abstract]
Computation of Basic and Diluted Earnings Per Share	The following table sets forth the Company’s unaudited earnings per share calculations for the quarters ended March 31: 2020 2019 (dollars in thousands, except per share amounts) Basic Diluted Basic Diluted Net income $ 13,211 $ 13,211 $ 11,259 $ 11,259 Basic common shares outstanding 44,669,661 44,669,661 44,540,865 44,540,865 Effect of contingent shares issuable — 1,592 Effect of options and restricted stock 283,008 255,849 Diluted common shares outstanding 44,952,669 44,798,306 Earnings per share $ 0.30 $ 0.29 $ 0.25 $ 0.25

Segment Reporting (Tables)

Segment Reporting (Tables)	3 Months Ended
	Mar. 31, 2020
Segment Reporting [Abstract]
Key Operating Results of Business Segments	The following tables show key operating results for each of our business segments used to arrive at our consolidated totals for the following periods: (dollars in thousands) Banking Wealth Management Other Total Quarter ended March 31, 2020: Interest income $ 62,338 $ — $ — $ 62,338 Interest expense 17,440 — 30 17,470 Net interest income 44,898 — (30 ) 44,868 Provision for loan losses 4,079 — — 4,079 Noninterest income 4,659 6,488 (472 ) 10,675 Noninterest expense 26,229 6,165 463 32,857 Income (loss) before taxes on income $ 19,249 $ 323 $ (965 ) $ 18,607 Quarter ended March 31, 2019: Interest income $ 60,544 $ — $ — $ 60,544 Interest expense 19,482 — 15 19,497 Net interest income 41,062 — (15 ) 41,047 Provision for loan losses 540 — — 540 Noninterest income 2,994 5,731 (260 ) 8,465 Noninterest expense 26,587 5,518 840 32,945 Income (loss) before taxes on income $ 16,929 $ 213 $ (1,115 ) $ 16,027

Basis of Presentation - Additio

Basis of Presentation - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Accounting Policies [Abstract]
Provision for credit losses for loans	$ 2,279	$ 540
Provision for credit losses for securities AFS	1,800
Total provision for credit losses	$ 4,079	$ 540

Fair Value Measurements - Recor

Fair Value Measurements - Recorded Amounts of Assets and Liabilities Measured at Fair Value on Recurring Basis (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available for sale	$ 961,477	$ 1,014,966
Investment in equity securities	293	434
Other
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available for sale	1,465	1,449
Interest Rate Swaps
Derivatives:
Derivative liabilities	8,333
Agency Mortgage-backed Securities
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available for sale	862,811	914,977
Beneficial interest - FHLMC securitizations
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available for sale	38,415	42,706
Fair Value on Recurring Basis
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment in equity securities	293	434
Total assets at fair value on a recurring basis	961,770	1,015,400
Fair Value on Recurring Basis | Other
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available for sale	1,465	1,449
Fair Value on Recurring Basis | Interest Rate Swaps
Derivatives:
Derivative liabilities	8,333
Fair Value on Recurring Basis | Agency Mortgage-backed Securities
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available for sale	862,811	914,977
Fair Value on Recurring Basis | Beneficial interest - FHLMC securitizations
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available for sale	38,415	42,706
Fair Value on Recurring Basis | Corporate Bonds
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available for sale	58,786	55,834
Fair Value Measurement Level 1
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available for sale	409	403
Investment in equity securities	293	434
Fair Value Measurement Level 1 | Fair Value on Recurring Basis
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment in equity securities	293	434
Total assets at fair value on a recurring basis	702	837
Fair Value Measurement Level 1 | Fair Value on Recurring Basis | Other
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available for sale	409	403
Fair Value Measurement Level 2
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available for sale	922,653	971,857
Fair Value Measurement Level 2 | Interest Rate Swaps
Derivatives:
Derivative liabilities	8,333
Fair Value Measurement Level 2 | Fair Value on Recurring Basis
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets at fair value on a recurring basis	922,653	971,857
Fair Value Measurement Level 2 | Fair Value on Recurring Basis | Other
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available for sale	1,056	1,046
Fair Value Measurement Level 2 | Fair Value on Recurring Basis | Interest Rate Swaps
Derivatives:
Derivative liabilities	8,333
Fair Value Measurement Level 2 | Fair Value on Recurring Basis | Agency Mortgage-backed Securities
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available for sale	862,811	914,977
Fair Value Measurement Level 2 | Fair Value on Recurring Basis | Corporate Bonds
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available for sale	58,786	55,834
Fair Value Measurement Level 3
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available for sale	38,415	42,706
Fair Value Measurement Level 3 | Fair Value on Recurring Basis
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets at fair value on a recurring basis	38,415	42,706
Fair Value Measurement Level 3 | Fair Value on Recurring Basis | Beneficial interest - FHLMC securitizations
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available for sale	$ 38,415	$ 42,706

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Details)	3 Months Ended
	Mar. 31, 2020USD ($)	Dec. 31, 2019USD ($)
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Securities available for sale, value to be reduced	$ 1,800,000
Impaired loans measured at nonrecurring basis	When the fair value of the collateral is based on an observable market price or a current appraised value, we measure the impaired loan at nonrecurring Level 2. When an appraised value is not available, or management determines the fair value of the collateral is further impaired below the appraised value and there is no observable market price or a discounted cash flow has been used to determine the fair value, we measure the impaired loan at nonrecurring Level 3.
Fair Value Measurement Level 3
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total collateral dependent impaired loans	$ 18,000,000	$ 18,900,000
Reserves related to impaired loans	$ 0	$ 0
Fair Value Measurement Level 3 | Prepayment Rate | Minimum
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Alternative investment measurement input	0.15	0.15
Fair Value Measurement Level 3 | Prepayment Rate | Maximum
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Alternative investment measurement input	0.25	0.25
Fair Value Measurement Level 3 | Discount Rate | Minimum
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Alternative investment measurement input	0.066	0.066
Fair Value Measurement Level 3 | Discount Rate | Maximum
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Alternative investment measurement input	0.10	0.10

Fair Value Measurements - Carry

Fair Value Measurements - Carrying Amounts and Estimated Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
ASSETS
Cash and cash equivalents	$ 40,359	$ 65,387
Securities AFS	961,477	1,014,966
Loans held for sale	520,721	503,036
Loans, net	4,782,513	4,526,833
Investment in FHLB stock	21,168	21,519
Investment in equity securities	293	434
Liabilities:
Deposits	5,030,827	4,891,144
Borrowings	794,000	743,000
Assets Fair Value:
Cash and cash equivalents	40,359	65,387
Securities AFS	961,477	1,014,966
Loans held for sale	526,082	506,750
Loans, net	4,831,887	4,573,516
Investment in FHLB stock	21,168	21,519
Investment in equity securities	293	434
Liabilities Fair Value:
Deposits	5,030,353	4,891,145
Borrowings	794,000	743,000
Fair Value Measurement Level 1
ASSETS
Securities AFS	409	403
Investment in equity securities	293	434
Assets Fair Value:
Cash and cash equivalents	40,359	65,387
Securities AFS	409	403
Investment in equity securities	293	434
Liabilities Fair Value:
Deposits	3,080,232	2,913,493
Fair Value Measurement Level 2
ASSETS
Securities AFS	922,653	971,857
Investment in FHLB stock	21,168	21,519
Assets Fair Value:
Securities AFS	922,653	971,857
Loans held for sale	526,082	506,750
Investment in FHLB stock	21,168	21,519
Liabilities Fair Value:
Deposits	1,950,121	1,977,652
Borrowings	784,000	733,000
Fair Value Measurement Level 3
ASSETS
Securities AFS	38,415	42,706
Assets Fair Value:
Securities AFS	38,415	42,706
Loans, net	4,831,887	4,573,516
Liabilities Fair Value:
Borrowings	10,000	$ 10,000
Interest Rate Swaps
Liabilities:
Derivative liabilities	8,333
Liabilities Fair Value:
Derivative liabilities	8,333
Interest Rate Swaps | Fair Value Measurement Level 2
Liabilities:
Derivative liabilities	8,333
Liabilities Fair Value:
Derivative liabilities	$ 8,333

Securities - Summary of AFS Sec

Securities - Summary of AFS Securities Portfolio (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Schedule Of Available For Sale Securities [Line Items]
Amortized cost	$ 954,660	$ 1,008,921
Gross Unrealized gains	20,461	12,872
Gross Unrealized losses	(13,644)	(6,827)
Estimated Fair Value	961,477	1,014,966
Other
Schedule Of Available For Sale Securities [Line Items]
Amortized cost	1,392	1,386
Gross Unrealized gains	73	63
Estimated Fair Value	1,465	1,449
Agency Mortgage-backed Securities
Schedule Of Available For Sale Securities [Line Items]
Amortized cost	855,835	905,949
Gross Unrealized gains	17,589	9,174
Gross Unrealized losses	(10,613)	(146)
Estimated Fair Value	862,811	914,977
Beneficial interest - FHLMC securitizations
Schedule Of Available For Sale Securities [Line Items]
Amortized cost	40,433	47,586
Gross Unrealized gains	878	1,801
Gross Unrealized losses	(2,896)	(6,681)
Estimated Fair Value	38,415	42,706
Corporate Bonds
Schedule Of Available For Sale Securities [Line Items]
Amortized cost	57,000	54,000
Gross Unrealized gains	1,921	1,834
Gross Unrealized losses	(135)
Estimated Fair Value	$ 58,786	$ 55,834

Securities - Additional Informa

Securities - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Dec. 31, 2019
Schedule Of Available For Sale Securities [Line Items]
Loans pledged as collateral	$ 3,600,000
Impairment of securities available for sale	$ 1,800
Weighted average yield, total	5.33%	5.27%
US Treasury Securities | Other
Schedule Of Available For Sale Securities [Line Items]
Loans pledged as collateral	$ 400
Agency Mortgage-backed Securities
Schedule Of Available For Sale Securities [Line Items]
Loans pledged as collateral	$ 74,000
Agency Mortgage-backed Securities and Beneficial interests in FHLMC securitization
Schedule Of Available For Sale Securities [Line Items]
Weighted average yield, total	2.37%

Securities - Schedule of Securi

Securities - Schedule of Securities in a Continuous Unrealized Loss Position Aggregated by Investment Category and Length of Time (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Schedule Of Available For Sale Securities [Line Items]
Less than 12 months, Fair Value	$ 535,433	$ 26,097
Less than 12 months, Unrealized Loss	(13,355)	(2,858)
12 months or more, Fair Value	503	17,100
12 months or more, Unrealized Loss	(289)	(3,969)
Total, Fair Value	535,936	43,197
Total, Unrealized Loss	(13,644)	(6,827)
Agency Mortgage-backed Securities
Schedule Of Available For Sale Securities [Line Items]
Less than 12 months, Fair Value	501,901	5,488
Less than 12 months, Unrealized Loss	(10,613)	(2)
12 months or more, Fair Value		13,880
12 months or more, Unrealized Loss		(144)
Total, Fair Value	501,901	19,368
Total, Unrealized Loss	(10,613)	(146)
Beneficial interest - FHLMC securitizations
Schedule Of Available For Sale Securities [Line Items]
Less than 12 months, Fair Value	18,667	20,609
Less than 12 months, Unrealized Loss	(2,607)	(2,856)
12 months or more, Fair Value	503	3,220
12 months or more, Unrealized Loss	(289)	(3,825)
Total, Fair Value	19,170	23,829
Total, Unrealized Loss	(2,896)	$ (6,681)
Corporate Bonds
Schedule Of Available For Sale Securities [Line Items]
Less than 12 months, Fair Value	14,865
Less than 12 months, Unrealized Loss	(135)
Total, Fair Value	14,865
Total, Unrealized Loss	$ (135)

Securities - Schedule of Allowa

Securities - Schedule of Allowance for Credit Losses - Securities AFS (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2020USD ($)
Investments [Abstract]
Provision for credit losses – securities AFS	$ 1,800
Impairment recorded	$ (1,800)

Securities - Scheduled Maturiti

Securities - Scheduled Maturities of Securities AFS Other than Mortgage Backed Securities and the Related Weighted Average Yield (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Schedule Of Available For Sale Securities [Line Items]
Amortized cost, one through five years	$ 400	$ 400
Amortized cost, five through ten years	57,992	54,986
Amortized cost, total	$ 58,392	$ 55,386
Weighted average yield, one through five years	2.26%	2.25%
Weighted average yield, five through ten years	5.35%	5.29%
Weighted average yield, total	5.33%	5.27%
Estimated fair value, one through five years	$ 409	$ 403
Estimated fair value, five through ten years	59,842	56,880
Estimated fair value, total	60,251	57,283
Corporate Bonds
Schedule Of Available For Sale Securities [Line Items]
Amortized cost, five through ten years	57,000	54,000
Amortized cost, total	57,000	54,000
Estimated fair value, five through ten years	58,786	55,834
Estimated fair value, total	58,786	55,834
Other
Schedule Of Available For Sale Securities [Line Items]
Amortized cost, one through five years	400	400
Amortized cost, five through ten years	992	986
Amortized cost, total	1,392	1,386
Estimated fair value, one through five years	409	403
Estimated fair value, five through ten years	1,056	1,046
Estimated fair value, total	$ 1,465	$ 1,449

Loans - Summary of Loans (Detai

Loans - Summary of Loans (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Accounts Notes And Loans Receivable [Line Items]
Total loans	$ 4,795,879	$ 4,535,885
Premiums, discounts and deferred fees and expenses	9,634	11,748
Loans, net of deferred fees	4,805,513	4,547,633
Commercial Real Estate
Accounts Notes And Loans Receivable [Line Items]
Loans, net of deferred fees	793,314
Commercial and Industrial Loans
Accounts Notes And Loans Receivable [Line Items]
Total loans	696,596	600,213
Loans, net of deferred fees	698,870
Consumer Loans
Accounts Notes And Loans Receivable [Line Items]
Total loans	17,476	16,273
Loans, net of deferred fees	17,562
Real Estate Loans
Accounts Notes And Loans Receivable [Line Items]
Total loans	4,081,807	3,919,399
Real Estate Loans | Residential Properties
Accounts Notes And Loans Receivable [Line Items]
Total loans	3,220,524	3,015,100
Loans, net of deferred fees	3,227,741
Real Estate Loans | Commercial Real Estate
Accounts Notes And Loans Receivable [Line Items]
Total loans	793,182	834,042
Loans, net of deferred fees	793,315
Real Estate Loans | Land
Accounts Notes And Loans Receivable [Line Items]
Total loans	68,101	70,257
Loans, net of deferred fees	68,025
Multifamily | Real Estate Loans | Residential Properties
Accounts Notes And Loans Receivable [Line Items]
Total loans	2,369,081	2,143,919
Single Family | Real Estate Loans | Residential Properties
Accounts Notes And Loans Receivable [Line Items]
Total loans	$ 851,443	$ 871,181

Loans - Additional Information

Loans - Additional Information (Details)	Dec. 31, 2019USD ($)
Receivables [Abstract]
Loans acquired	$ 8,400

Loans - Carrying Amount of Purc

Loans - Carrying Amount of Purchased Credit Impaired Loans (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Accounts Notes And Loans Receivable [Line Items]
Total impaired loans	$ 6,236	$ 8,173
Unaccreted discount on purchased credit impaired loans	3,129	3,657
Net loans	4,782,513	4,526,833
Receivables Acquired with Deteriorated Credit Quality
Accounts Notes And Loans Receivable [Line Items]
Net loans	3,107	4,516
Residential Properties
Accounts Notes And Loans Receivable [Line Items]
Total impaired loans	364	366
Commercial Real Estate | Receivables Acquired with Deteriorated Credit Quality
Accounts Notes And Loans Receivable [Line Items]
Net loans	2,871	3,327
Commercial and Industrial Loans
Accounts Notes And Loans Receivable [Line Items]
Total impaired loans	328	603
Commercial and Industrial Loans | Receivables Acquired with Deteriorated Credit Quality
Accounts Notes And Loans Receivable [Line Items]
Net loans	236	408
Land | Receivables Acquired with Deteriorated Credit Quality
Accounts Notes And Loans Receivable [Line Items]
Net loans		781
Real Estate Loans
Accounts Notes And Loans Receivable [Line Items]
Total impaired loans	5,908	7,570
Real Estate Loans | Commercial Real Estate
Accounts Notes And Loans Receivable [Line Items]
Total impaired loans	$ 5,544	6,146
Real Estate Loans | Land
Accounts Notes And Loans Receivable [Line Items]
Total impaired loans		$ 1,058

Loans - Accretable Yield or Inc

Loans - Accretable Yield or Income Expected to be Collected on Purchased Credit Impaired Loans (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2020	Dec. 31, 2019
Receivables [Abstract]
Beginning balance	$ 402	$ 767
Accretion of income	(28)	(311)
Reclassification from nonaccretable difference	(300)	10
Disposals		(64)
Ending balance	$ 74	$ 402

Loans - Summary of Delinquent a

Loans - Summary of Delinquent and Nonaccrual Loans (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Accounts Notes And Loans Receivable [Line Items]
Total Past Due and Nonaccrual	$ 11,407	$ 23,685
90 Days or More Past Due and Still Accruing	399	403
Nonaccrual Past Due and Still Accruing	9,250	12,867
Current	4,794,106	4,512,200
Loans, net of deferred fees	4,805,513	4,547,633
Total loans	$ 4,795,879	$ 4,535,885
Percentage of Total Loans Due 30-59 Days	0.03%	0.19%
Percentage of Total Loans Due 60-89 Days	0.00%	0.04%
Percentage of Total Loans Due 90 Days or More	0.01%	0.01%
Percentage of Total Loans Due Nonaccrual	0.19%	0.28%
Percentage of Total Loans	0.24%	0.52%
Commercial Real Estate
Accounts Notes And Loans Receivable [Line Items]
Loans, net of deferred fees	$ 793,314
Commercial and Industrial Loans
Accounts Notes And Loans Receivable [Line Items]
Total Past Due and Nonaccrual	6,429	$ 11,416
Nonaccrual Past Due and Still Accruing	5,173	8,714
Current	692,441	588,797
Loans, net of deferred fees	698,870
Total loans	696,596	600,213
Consumer Loans
Accounts Notes And Loans Receivable [Line Items]
Total Past Due and Nonaccrual	20	25
Nonaccrual Past Due and Still Accruing	18
Current	17,542	16,248
Loans, net of deferred fees	17,562
Total loans	17,476	16,273
30-59 Days
Accounts Notes And Loans Receivable [Line Items]
Total Past Due and Nonaccrual	1,525	8,392
30-59 Days | Commercial and Industrial Loans
Accounts Notes And Loans Receivable [Line Items]
Total Past Due and Nonaccrual	1,023	695
30-59 Days | Consumer Loans
Accounts Notes And Loans Receivable [Line Items]
Total Past Due and Nonaccrual	2	22
60-89 Days
Accounts Notes And Loans Receivable [Line Items]
Total Past Due and Nonaccrual	233	2,023
60-89 Days | Commercial and Industrial Loans
Accounts Notes And Loans Receivable [Line Items]
Total Past Due and Nonaccrual	233	2,007
60-89 Days | Consumer Loans
Accounts Notes And Loans Receivable [Line Items]
Total Past Due and Nonaccrual		3
Real Estate Loans
Accounts Notes And Loans Receivable [Line Items]
Total loans	4,081,807	3,919,399
Real Estate Loans | Residential Properties
Accounts Notes And Loans Receivable [Line Items]
Total Past Due and Nonaccrual	1,704	1,845
Nonaccrual Past Due and Still Accruing	1,704	1,743
Current	3,226,037	3,013,255
Loans, net of deferred fees	3,227,741
Total loans	3,220,524	3,015,100
Real Estate Loans | Commercial Real Estate
Accounts Notes And Loans Receivable [Line Items]
Total Past Due and Nonaccrual	2,754	10,399
90 Days or More Past Due and Still Accruing	399	403
Nonaccrual Past Due and Still Accruing	2,355	2,410
Current	790,561	823,643
Loans, net of deferred fees	793,315
Total loans	793,182	834,042
Real Estate Loans | Land
Accounts Notes And Loans Receivable [Line Items]
Total Past Due and Nonaccrual	500
Current	67,525	70,257
Loans, net of deferred fees	68,025
Total loans	68,101	70,257
Real Estate Loans | 30-59 Days | Residential Properties
Accounts Notes And Loans Receivable [Line Items]
Total Past Due and Nonaccrual		89
Real Estate Loans | 30-59 Days | Commercial Real Estate
Accounts Notes And Loans Receivable [Line Items]
Total Past Due and Nonaccrual		7,586
Real Estate Loans | 30-59 Days | Land
Accounts Notes And Loans Receivable [Line Items]
Total Past Due and Nonaccrual	$ 500
Real Estate Loans | 60-89 Days | Residential Properties
Accounts Notes And Loans Receivable [Line Items]
Total Past Due and Nonaccrual		$ 13

Loans - Composition of TDRs by

Loans - Composition of TDRs by Accrual and Nonaccrual Status (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Accounts Notes And Loans Receivable [Line Items]
Troubled Debt Restructurings, Nonaccrual	$ 9,250	$ 12,867
Commercial and Industrial Loans
Accounts Notes And Loans Receivable [Line Items]
Troubled Debt Restructurings, Nonaccrual	5,173	8,714
Principal Reduction And Extended Maturity
Accounts Notes And Loans Receivable [Line Items]
Troubled Debt Restructurings, Accrual	2,986	2,945
Troubled Debt Restructurings, Nonaccrual	4,936	5,138
Troubled Debt Restructurings, Total	7,922	8,083
Principal Reduction And Extended Maturity | Residential Loans
Accounts Notes And Loans Receivable [Line Items]
Troubled Debt Restructurings, Accrual	1,200	1,200
Troubled Debt Restructurings, Total	1,200	1,200
Principal Reduction And Extended Maturity | Commercial Real Estate Loans
Accounts Notes And Loans Receivable [Line Items]
Troubled Debt Restructurings, Accrual	1,168	1,188
Troubled Debt Restructurings, Nonaccrual	1,405	2,166
Troubled Debt Restructurings, Total	2,573	3,354
Principal Reduction And Extended Maturity | Commercial and Industrial Loans
Accounts Notes And Loans Receivable [Line Items]
Troubled Debt Restructurings, Accrual	618	557
Troubled Debt Restructurings, Nonaccrual	3,531	2,972
Troubled Debt Restructurings, Total	$ 4,149	$ 3,529

Loans - Schedule of Detail of L

Loans - Schedule of Detail of Loans Modified as Troubled Debt Restructurings (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2019USD ($)Loan
Financing Receivable Modifications [Line Items]
Number of loans | Loan	9
Outstanding recorded investment, pre-modification	$ 5,826
Outstanding recorded investment, post-modification	$ 5,826
Residential Loans
Financing Receivable Modifications [Line Items]
Number of loans | Loan	1
Outstanding recorded investment, pre-modification	$ 1,200
Outstanding recorded investment, post-modification	$ 1,200
Commercial Real Estate Loans
Financing Receivable Modifications [Line Items]
Number of loans | Loan	1
Outstanding recorded investment, pre-modification	$ 2,872
Outstanding recorded investment, post-modification	$ 2,872
Commercial Loans
Financing Receivable Modifications [Line Items]
Number of loans | Loan	7
Outstanding recorded investment, pre-modification	$ 1,754
Outstanding recorded investment, post-modification	$ 1,754

Allowance for Credit Losses - B

Allowance for Credit Losses - Bank's Allowance for Credit Losses (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Financing Receivable Allowance For Credit Losses [Line Items]
Beginning Balance	$ 20,800	$ 19,000
Provision for Credit Losses	2,279	540
Charge-offs	(530)	(548)
Recoveries	451	208
Ending Balance	23,000	19,200
Residential Properties
Financing Receivable Allowance For Credit Losses [Line Items]
Beginning Balance	8,423	9,216
Provision for Credit Losses	(2,034)	422
Ending Balance	6,389	9,638
Commercial Real Estate
Financing Receivable Allowance For Credit Losses [Line Items]
Beginning Balance	4,166	4,547
Provision for Credit Losses	772	(232)
Ending Balance	4,938	4,315
Commercial and Industrial Loans
Financing Receivable Allowance For Credit Losses [Line Items]
Beginning Balance	7,448	4,628
Provision for Credit Losses	2,756	503
Charge-offs	(530)	(543)
Recoveries	451	207
Ending Balance	10,125	4,795
Consumer Loans
Financing Receivable Allowance For Credit Losses [Line Items]
Beginning Balance	190	218
Provision for Credit Losses	14	(4)
Charge-offs		(5)
Recoveries		1
Ending Balance	204	210
Land
Financing Receivable Allowance For Credit Losses [Line Items]
Beginning Balance	573	391
Provision for Credit Losses	771	(149)
Ending Balance	$ 1,344	$ 242

Allowance for Credit Losses -_2

Allowance for Credit Losses - Balance in Allowance for Credit Losses and Recorded Investment in Loans by Impairment (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Financing Receivable Impaired [Line Items]
Allowance for Credit Losses, Individually Evaluated for Impairment	$ 1,208	$ 870
Allowance for Credit Losses, Collectively Evaluated for Impairment	21,792	19,930
Total Allowance for Credit Losses	23,000	20,800
Total Allowance for Credit Losses	23,000	20,800
Unaccreted Credit Component Other Loans		2,345
Loans, Individually Evaluated for Impairment	17,957	18,902
Loans, Collectively Evaluated for Impairment	4,784,449	4,512,467
Loans, Purchased Impaired	4,782,513	4,526,833
Total loans	4,805,513	4,535,885
Unaccreted Credit Component Other Loans		443,765
Receivables Acquired with Deteriorated Credit Quality
Financing Receivable Impaired [Line Items]
Loans, Purchased Impaired	3,107	4,516
Residential Properties
Financing Receivable Impaired [Line Items]
Allowance for Credit Losses, Collectively Evaluated for Impairment	6,389	8,423
Total Allowance for Credit Losses	6,389	8,423
Unaccreted Credit Component Other Loans		1,013
Loans, Individually Evaluated for Impairment	2,909	2,897
Loans, Collectively Evaluated for Impairment	3,224,832	3,012,203
Total loans	3,227,741	3,015,100
Unaccreted Credit Component Other Loans		189,339
Commercial Real Estate
Financing Receivable Impaired [Line Items]
Allowance for Credit Losses, Individually Evaluated for Impairment		107
Allowance for Credit Losses, Collectively Evaluated for Impairment	4,938	4,059
Total Allowance for Credit Losses	4,938	4,166
Unaccreted Credit Component Other Loans		1,048
Loans, Individually Evaluated for Impairment	7,315	6,689
Loans, Collectively Evaluated for Impairment	783,129	824,026
Total loans	793,315	834,042
Unaccreted Credit Component Other Loans		201,370
Commercial Real Estate | Receivables Acquired with Deteriorated Credit Quality
Financing Receivable Impaired [Line Items]
Loans, Purchased Impaired	2,871	3,327
Commercial and Industrial Loans
Financing Receivable Impaired [Line Items]
Allowance for Credit Losses, Individually Evaluated for Impairment	1,189	763
Allowance for Credit Losses, Collectively Evaluated for Impairment	8,936	6,685
Total Allowance for Credit Losses	10,125	7,448
Unaccreted Credit Component Other Loans		277
Loans, Individually Evaluated for Impairment	7,715	9,316
Loans, Collectively Evaluated for Impairment	690,919	590,489
Total loans	698,870	600,213
Unaccreted Credit Component Other Loans		24,143
Commercial and Industrial Loans | Receivables Acquired with Deteriorated Credit Quality
Financing Receivable Impaired [Line Items]
Loans, Purchased Impaired	236	408
Consumer Loans
Financing Receivable Impaired [Line Items]
Allowance for Credit Losses, Individually Evaluated for Impairment	19
Allowance for Credit Losses, Collectively Evaluated for Impairment	185	190
Total Allowance for Credit Losses	204	190
Unaccreted Credit Component Other Loans		1
Loans, Individually Evaluated for Impairment	18
Loans, Collectively Evaluated for Impairment	17,544	16,273
Total loans	17,562	16,273
Unaccreted Credit Component Other Loans		253
Land
Financing Receivable Impaired [Line Items]
Allowance for Credit Losses, Collectively Evaluated for Impairment	1,344	573
Total Allowance for Credit Losses	1,344	573
Unaccreted Credit Component Other Loans		6
Loans, Collectively Evaluated for Impairment	68,025	69,476
Total loans	$ 68,025	70,257
Unaccreted Credit Component Other Loans		28,660
Land | Receivables Acquired with Deteriorated Credit Quality
Financing Receivable Impaired [Line Items]
Loans, Purchased Impaired		$ 781

Allowance for Credit Losses - A

Allowance for Credit Losses - Additional Information (Details) - USD ($)	3 Months Ended	12 Months Ended
	Mar. 31, 2020	Dec. 31, 2019
Receivables [Abstract]
Allowance of purchase impaired loans		0.53%
Additional allowance on credit impaired loans		$ 300,000
Interest income recognized on impaired loans	$ 0	$ 0

Allowance for Credit Losses - R

Allowance for Credit Losses - Risk Category of Loans by Class of Loans (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Accounts Notes And Loans Receivable [Line Items]
Total loans	$ 4,805,513	$ 4,535,885
Residential Properties
Accounts Notes And Loans Receivable [Line Items]
Total loans	3,227,741	3,015,100
Commercial Real Estate
Accounts Notes And Loans Receivable [Line Items]
Total loans	793,315	834,042
Commercial and Industrial Loans
Accounts Notes And Loans Receivable [Line Items]
Total loans	698,870	600,213
Consumer Loans
Accounts Notes And Loans Receivable [Line Items]
Total loans	17,562	16,273
Land
Accounts Notes And Loans Receivable [Line Items]
Total loans	68,025	70,257
Pass
Accounts Notes And Loans Receivable [Line Items]
Total loans	4,775,576	4,498,530
Pass | Residential Properties
Accounts Notes And Loans Receivable [Line Items]
Total loans	3,224,832	3,012,203
Pass | Commercial Real Estate
Accounts Notes And Loans Receivable [Line Items]
Total loans	781,902	821,425
Pass | Commercial and Industrial Loans
Accounts Notes And Loans Receivable [Line Items]
Total loans	683,273	579,153
Pass | Consumer Loans
Accounts Notes And Loans Receivable [Line Items]
Total loans	17,544	16,273
Pass | Land
Accounts Notes And Loans Receivable [Line Items]
Total loans	68,025	69,476
Special Mention
Accounts Notes And Loans Receivable [Line Items]
Total loans	8,873	8,881
Special Mention | Commercial Real Estate
Accounts Notes And Loans Receivable [Line Items]
Total loans	1,227	679
Special Mention | Commercial and Industrial Loans
Accounts Notes And Loans Receivable [Line Items]
Total loans	7,646	8,202
Substandard Loans
Accounts Notes And Loans Receivable [Line Items]
Total loans	3,107	9,572
Substandard Loans | Commercial Real Estate
Accounts Notes And Loans Receivable [Line Items]
Total loans	2,871	5,249
Substandard Loans | Commercial and Industrial Loans
Accounts Notes And Loans Receivable [Line Items]
Total loans	236	3,542
Substandard Loans | Land
Accounts Notes And Loans Receivable [Line Items]
Total loans		781
Loans Individually Evaluated
Accounts Notes And Loans Receivable [Line Items]
Total loans	17,957	18,902
Loans Individually Evaluated | Residential Properties
Accounts Notes And Loans Receivable [Line Items]
Total loans	2,909	2,897
Loans Individually Evaluated | Commercial Real Estate
Accounts Notes And Loans Receivable [Line Items]
Total loans	7,315	6,689
Loans Individually Evaluated | Commercial and Industrial Loans
Accounts Notes And Loans Receivable [Line Items]
Total loans	7,715	$ 9,316
Loans Individually Evaluated | Consumer Loans
Accounts Notes And Loans Receivable [Line Items]
Total loans	$ 18

Allowance for Credit Losses -_3

Allowance for Credit Losses - Risk Category of Loans Based on Year of Origination (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Financing Receivable Recorded Investment [Line Items]
2020	$ 549,114
2019	1,133,329
2018	1,031,212
2017	716,867
2016	470,354
Prior	610,119
Revolving Loans	294,518
Total	4,805,513	$ 4,547,633
Pass
Financing Receivable Recorded Investment [Line Items]
2020	549,038
2019	1,129,399
2018	1,030,381
2017	712,678
2016	464,147
Prior	602,048
Revolving Loans	289,113
Total	4,776,804
Classified
Financing Receivable Recorded Investment [Line Items]
2020	76
2019	3,930
2018	831
2017	4,189
2016	6,207
Prior	8,071
Revolving Loans	5,405
Total	28,709
Residential Properties | Multifamily
Financing Receivable Recorded Investment [Line Items]
2020	437,964
2019	697,119
2018	611,435
2017	377,833
2016	161,356
Prior	89,830
Total	2,375,537
Residential Properties | Multifamily | Pass
Financing Receivable Recorded Investment [Line Items]
2020	437,964
2019	697,119
2018	611,435
2017	377,833
2016	161,356
Prior	89,830
Total	2,375,537
Residential Properties | Single Family
Financing Receivable Recorded Investment [Line Items]
2020	23,415
2019	113,706
2018	159,875
2017	139,907
2016	143,315
Prior	242,504
Revolving Loans	29,482
Total	852,204
Residential Properties | Single Family | Pass
Financing Receivable Recorded Investment [Line Items]
2020	23,415
2019	113,706
2018	159,875
2017	137,909
2016	143,315
Prior	241,893
Revolving Loans	29,182
Total	849,295
Residential Properties | Single Family | Classified
Financing Receivable Recorded Investment [Line Items]
2017	1,998
Prior	611
Revolving Loans	300
Total	2,909
Commercial Real Estate
Financing Receivable Recorded Investment [Line Items]
2020	6,069
2019	109,511
2018	145,796
2017	143,163
2016	134,883
Prior	253,892
Total	793,314
Commercial Real Estate | Pass
Financing Receivable Recorded Investment [Line Items]
2020	6,069
2019	109,467
2018	145,796
2017	141,447
2016	133,583
Prior	246,708
Total	783,070
Commercial Real Estate | Classified
Financing Receivable Recorded Investment [Line Items]
2019	44
2017	1,716
2016	1,300
Prior	7,184
Total	10,244
Land and Construction
Financing Receivable Recorded Investment [Line Items]
2019	13,618
2018	22,605
2017	29,946
2016	794
Prior	1,062
Total	68,025
Land and Construction | Pass
Financing Receivable Recorded Investment [Line Items]
2019	13,618
2018	22,605
2017	29,946
2016	794
Prior	1,062
Total	68,025
Commercial and Industrial Loans
Financing Receivable Recorded Investment [Line Items]
2020	80,152
2019	199,375
2018	90,018
2017	26,013
2016	22,811
Prior	22,685
Revolving Loans	257,816
Total	698,870
Commercial and Industrial Loans | Pass
Financing Receivable Recorded Investment [Line Items]
2020	80,076
2019	195,489
2018	89,205
2017	25,538
2016	17,905
Prior	22,409
Revolving Loans	252,711
Total	683,333
Commercial and Industrial Loans | Classified
Financing Receivable Recorded Investment [Line Items]
2020	76
2019	3,886
2018	813
2017	475
2016	4,906
Prior	276
Revolving Loans	5,105
Total	15,537
Consumer Loans
Financing Receivable Recorded Investment [Line Items]
2020	1,514
2018	1,465
2017	23
2016	7,194
Prior	146
Revolving Loans	7,220
Total	17,562
Consumer Loans | Pass
Financing Receivable Recorded Investment [Line Items]
2020	1,514
2018	1,465
2017	5
2016	7,194
Prior	146
Revolving Loans	7,220
Total	17,544
Consumer Loans | Classified
Financing Receivable Recorded Investment [Line Items]
2017	18
Total	$ 18

Allowance for Credit Losses - I

Allowance for Credit Losses - Individual Evaluation of Loans and Related Allowance (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Financing Receivable Modifications [Line Items]
Unpaid Principal Balance, With No Allowance Recorded	$ 8,633	$ 15,138
Recorded Investment, With No Allowance Recorded	8,644	14,061
Unpaid Principal Balance, With an Allowance Recorded	10,217	4,952
Recorded Investment, With an Allowance Recorded	9,313	4,841
Related Allowance, With an Allowance Recorded	1,208	870
Residential Properties
Financing Receivable Modifications [Line Items]
Unpaid Principal Balance, With No Allowance Recorded	1,200	2,970
Recorded Investment, With No Allowance Recorded	1,200	2,897
Unpaid Principal Balance, With an Allowance Recorded	1,785
Recorded Investment, With an Allowance Recorded	1,710
Commercial Real Estate
Financing Receivable Modifications [Line Items]
Unpaid Principal Balance, With No Allowance Recorded	4,963	5,683
Recorded Investment, With No Allowance Recorded	4,955	5,456
Unpaid Principal Balance, With an Allowance Recorded	2,622	1,188
Recorded Investment, With an Allowance Recorded	2,359	1,188
Related Allowance, With an Allowance Recorded		107
Commercial and Industrial Loans
Financing Receivable Modifications [Line Items]
Unpaid Principal Balance, With No Allowance Recorded	2,470	6,485
Recorded Investment, With No Allowance Recorded	2,489	5,708
Unpaid Principal Balance, With an Allowance Recorded	5,791	3,764
Recorded Investment, With an Allowance Recorded	5,226	3,653
Related Allowance, With an Allowance Recorded	1,189	$ 763
Consumer Loans
Financing Receivable Modifications [Line Items]
Unpaid Principal Balance, With an Allowance Recorded	19
Recorded Investment, With an Allowance Recorded	18
Related Allowance, With an Allowance Recorded	$ 19

Allowance for Credit Losses - W

Allowance for Credit Losses - Weighted Average Annualized Balance of Recorded Investment and Interest Income on Loans (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2020	Dec. 31, 2019
Financing Receivable Modifications [Line Items]
Average Recorded Investment	$ 19,880	$ 21,785
Interest Income	953	365
Residential Properties
Financing Receivable Modifications [Line Items]
Average Recorded Investment	2,974	1,765
Interest Income	13	13
Commercial Real Estate
Financing Receivable Modifications [Line Items]
Average Recorded Investment	7,126	8,889
Interest Income	59	341
Commercial and Industrial Loans
Financing Receivable Modifications [Line Items]
Average Recorded Investment	9,774	10,608
Interest Income	881	11
Consumer Loans
Financing Receivable Modifications [Line Items]
Average Recorded Investment	$ 6
Land
Financing Receivable Modifications [Line Items]
Average Recorded Investment		$ 523

Allowance for Credit Losses -_4

Allowance for Credit Losses - Amortized Cost Basis of Collateral Dependent Loans Individually Evaluated to Determine Credit Losses and Related ACL Allocated to Loans (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Financing Receivable Allowance For Credit Losses [Line Items]
Total Allowance for Credit Losses	$ 23,000	$ 20,800
Collateral Dependent Loans
Financing Receivable Allowance For Credit Losses [Line Items]
Amortized cost	18,070
Total Allowance for Credit Losses	558
Collateral Dependent Loans | Real Estate
Financing Receivable Allowance For Credit Losses [Line Items]
Amortized cost	15,837
Collateral Dependent Loans | Cash
Financing Receivable Allowance For Credit Losses [Line Items]
Amortized cost	250
Collateral Dependent Loans | Equipment/Receivables
Financing Receivable Allowance For Credit Losses [Line Items]
Amortized cost	1,983
Collateral Dependent Loans | Residential Properties | Single Family
Financing Receivable Allowance For Credit Losses [Line Items]
Amortized cost	2,985
Collateral Dependent Loans | Residential Properties | Real Estate | Single Family
Financing Receivable Allowance For Credit Losses [Line Items]
Amortized cost	2,985
Collateral Dependent Loans | Commercial Real Estate
Financing Receivable Allowance For Credit Losses [Line Items]
Amortized cost	7,585
Collateral Dependent Loans | Commercial Real Estate | Real Estate
Financing Receivable Allowance For Credit Losses [Line Items]
Amortized cost	7,585
Collateral Dependent Loans | Commercial and Industrial Loans
Financing Receivable Allowance For Credit Losses [Line Items]
Amortized cost	7,500
Total Allowance for Credit Losses	558
Collateral Dependent Loans | Commercial and Industrial Loans | Real Estate
Financing Receivable Allowance For Credit Losses [Line Items]
Amortized cost	5,267
Collateral Dependent Loans | Commercial and Industrial Loans | Cash
Financing Receivable Allowance For Credit Losses [Line Items]
Amortized cost	250
Collateral Dependent Loans | Commercial and Industrial Loans | Equipment/Receivables
Financing Receivable Allowance For Credit Losses [Line Items]
Amortized cost	$ 1,983

Loan Sales and Mortgage Servi_2

Loan Sales and Mortgage Servicing Rights - Additional Information (Details) - First Foundation Bank - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Mar. 31, 2020	Dec. 31, 2019
Loan Sales And Mortgage Servicing Rights [Line Items]
Gain on sale of loans		$ 4.2
Sale of multifamily loans through securitization		549
Mortgage servicing rights	$ 6.6	7
Loans serviced for others	1,400	1,700
Servicing fees earned on loans	$ 0.4	$ 1.7

Deposits - Summary of Outstandi

Deposits - Summary of Outstanding Balance of Deposits and Average Rates (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Deposits [Abstract]
Demand deposits, Noninterest-bearing	$ 1,315,114	$ 1,192,481
Demand deposits, Interest-bearing	384,215	386,276
Money market and savings	1,380,903	1,334,736
Certificates of deposits	1,950,595	1,977,651
Total	$ 5,030,827	$ 4,891,144
Demand deposits, Interest-bearing, Weighted Average Rate	0.436%	0.635%
Money market and savings, Weighted Average Rate	0.849%	1.355%
Certificates of deposits, Weighted Average Rate	1.732%	1.971%
Total, Weighted Average Rate	0.938%	1.217%

Deposits - Additional Informati

Deposits - Additional Information (Details) - USD ($) $ in Millions	Mar. 31, 2020	Dec. 31, 2019
Deposits [Abstract]
Certificates of deposits of $250,000 or more, maturities within one year	$ 557	$ 471
Certificates of deposits of $250,000 or more, maturities after one year	2	0.8
Certificates of deposits of $250,000 or more, total	559	472
Certificates of deposit of less than $ 250,000, maturities within one year	1,400	1,500
Certificates of deposit of less than $ 250,000, maturities after one year	12	13
Certificates of deposit of less than $250,000, total	$ 1,400	$ 1,500

Borrowings - Additional Informa

Borrowings - Additional Information (Details)	3 Months Ended	12 Months Ended
	Mar. 31, 2020USD ($)Institution	Dec. 31, 2019USD ($)	Dec. 31, 2017USD ($)	Apr. 01, 2020	Jan. 01, 2020
Debt Instrument [Line Items]
Overnight FHLB advances	$ 34,000,000	$ 233,000,000
FHLB term advances	750,000,000	500,000,000
Long-term line of credit	0
Overnight FHLB advances, interest rates					1.66%
Loans pledged as collateral	3,600,000,000
Federal Home Loan Bank, maximum borrowing capacity	1,600,000,000
FHLB advances	784,000,000
Federal Home Loan Bank, additional credit available	281,000,000
Unsecured debt	$ 120,000,000
Number of financial institutions | Institution	5
Federal Home Loan Bank unused lines of credit	$ 1,800,000,000	1,400,000,000
FHLB, average daily balance of borrowings outstanding	126,000,000	413,000,000
Secured debt	184,000,000
Minimum
Debt Instrument [Line Items]
Unsecured debt	20,000,000
Maximum
Debt Instrument [Line Items]
Unsecured debt	$ 25,000,000
Revolving Credit Facility
Debt Instrument [Line Items]
Line of credit, borrowing capacity			$ 40,000,000
Line of credit maturity period			5 years
Line of credit convenant compliance	As of December 31, 2019 and March 31, 2020, FFI was in compliance with the covenants on this loan agreement
Revolving Credit Facility | 90 Day LIBOR
Debt Instrument [Line Items]
Debt instrument basis point rate			3.50%
Subsequent Event
Debt Instrument [Line Items]
Overnight FHLB advances, interest rates				0.21%
1.77% FHLB Term Advances
Debt Instrument [Line Items]
FHLB term advances outstanding	$ 500,000,000
FHLB advances maturity month and year	2020-09
FHLB advances interest rates	1.77%
0.47% FHLB Term Advances
Debt Instrument [Line Items]
FHLB term advances outstanding	$ 250,000,000
FHLB advances maturity month and year	2021-03
FHLB advances interest rates	0.47%
FFI
Debt Instrument [Line Items]
Long-term line of credit	$ 10,000,000	$ 10,000,000
Line of credit facility, Interest rate	5.41%

Leases - Additional Information

Leases - Additional Information (Details)	3 Months Ended
	Mar. 31, 2020
Leases [Abstract]
Lease expiration year	2026
Operating lease, options to renew description	Certain leases include options to renew, with renewal terms that can extend the lease term.
Operating lease, existence of options to renew	true

Leases - Schedule of Supplement

Leases - Schedule of Supplemental Lease Information (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2020USD ($)
Balance Sheet:
Operating lease asset classified as other assets	$ 15,240
Operating Lease Right of Use Asset Statement of Financial Position [Extensible List]	us-gaap:OtherAssets
Operating lease liability classified as other liabilities	$ 16,648
Operating Lease Liability Statement of Financial Position [Extensible List]	us-gaap:OtherLiabilities
Income Statement:
Operating lease cost classified as occupancy and equipment expense	$ 1,469
Weighted average lease term, in years	4 years 10 months 6 days
Weighted average discount rate	3.62%
Operating cash flows	$ 1,534

Leases - Summary of Maturity of

Leases - Summary of Maturity of Remaining Lease Liabilities (Details) $ in Thousands	Mar. 31, 2020USD ($)
Leases [Abstract]
2020	$ 4,482
2021	6,023
2022	5,147
2023	2,305
2024 and after	3,211
Total future minimum lease payments	21,168
Discount on cash flows	(4,520)
Total lease liability	$ 16,648

Earnings Per Share - Computatio

Earnings Per Share - Computation of Basic and Diluted Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Earnings Per Share [Abstract]
Net income, Basic	$ 13,211	$ 11,259
Basic common shares outstanding	44,669,661	44,540,865
Earnings per share, Basic	$ 0.30	$ 0.25
Net income, Diluted	$ 13,211	$ 11,259
Effect of contingent shares issuable		1,592
Effect of options and restricted stock	283,008	255,849
Diluted common shares outstanding	44,952,669	44,798,306
Earnings per share, Diluted	$ 0.29	$ 0.25

Earnings Per Share - Additional

Earnings Per Share - Additional Information (Details)	3 Months Ended
	Mar. 31, 2020shares
Restricted Stock Units
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Anti-dilutive securities excluded from computation of earnings per share	118,750

Segment Reporting - Additional

Segment Reporting - Additional Information (Details) - Segment	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Segment Reporting [Abstract]
Reportable business segments	2	2

Segment Reporting - Key Operati

Segment Reporting - Key Operating Results of Business Segments (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Segment Reporting Information [Line Items]
Interest income	$ 62,338	$ 60,544
Interest expense	17,470	19,497
Net interest income	44,868	41,047
Provision for loan losses	4,079	540
Noninterest income	10,675	8,465
Noninterest expense	32,857	32,945
Income before taxes on income	18,607	16,027
Operating Segments | Banking
Segment Reporting Information [Line Items]
Interest income	62,338	60,544
Interest expense	17,440	19,482
Net interest income	44,898	41,062
Provision for loan losses	4,079	540
Noninterest income	4,659	2,994
Noninterest expense	26,229	26,587
Income before taxes on income	19,249	16,929
Operating Segments | Wealth Management
Segment Reporting Information [Line Items]
Noninterest income	6,488	5,731
Noninterest expense	6,165	5,518
Income before taxes on income	323	213
Other
Segment Reporting Information [Line Items]
Interest expense	30	15
Net interest income	(30)	(15)
Noninterest income	(472)	(260)
Noninterest expense	463	840
Income before taxes on income	$ (965)	$ (1,115)

Subsequent Events - Additional

Subsequent Events - Additional Information (Details) - Subsequent Event	Apr. 28, 2020$ / shares
Subsequent Event [Line Items]
Dividends payable, date declared	Apr. 28, 2020
Dividends payable, amount per share	$ 0.07
Dividends payable, date to be paid	Jun. 15, 2020
Dividends payable, date of record	Jun. 1, 2020