XML 19 R2.htm IDEA: XBRL DOCUMENT v3.23.1
Pay vs Performance Disclosure
12 Months Ended
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Pay vs Performance Disclosure [Table]      
Pay vs Performance [Table Text Block]
Value of Initial Fixed $100 Investment Based On:
Year
Summary Compensation Table Total for PEO(1)
Compensation Actually Paid to PEO (2)
Average Summary Compensation Table Total for Non-PEO NEOs (3)
Average Compensation Actually Paid to Non-PEO NEOs (4)
Total Shareholder Return (5)
Peer Group Total Shareholder Return (6)
Net Income
(in thousands) (7)
Core
ROATE (8)
2022$1,819,537 $(678,861)$980,060 $168,560 $81.12 $106.01 $66,540 10.9 %
20212,502,021 4,174,334 1,188,347 1,677,709 152.94117.08115,422 16.8 %
20202,120,180 2,424,313 1,087,805 1,169,726 99.26 87.90 79,990 12.1 %
   
Company Selected Measure Name Core return on average tangible equity    
Named Executive Officers, Footnote [Text Block] The dollar amounts represent the average of the amounts reported for our Non-PEO NEOs as a group in the “Total” column of the Summary Compensation Table in each applicable year. The Non-PEO NEOs included for purposes of calculating the average amounts in each applicable year are as follows: (i) for 2022, John M. Michel, William D, Endresen, Darrell S. van Amen and Godfrey B. Evans; (ii) for 2021, John M. Michel, William D. Endresen, Darrell S. van Amen and Erik D. Hand; and (iii) for 2020, John Michel, William D. Endresen, Darrell S. van Amen, Erik D. Hand, and Mark R. Ruh.    
Peer Group Issuers, Footnote [Text Block] Represents the weighted peer group TSR, weighted according to the respective companies’ stock market capitalization at the beginning of each period for which a return is indicated. The peer group used for this purpose is the KBW Regional Banking Index ("KRX"). Assumes initial $100 investment on December 31, 2019.    
PEO Total Compensation Amount $ 1,819,537 $ 2,502,021 $ 2,120,180
PEO Actually Paid Compensation Amount $ (678,861) 4,174,334 2,424,313
Adjustment To PEO Compensation, Footnote [Text Block] The dollar amounts represent the amount of “compensation actually paid” to our PEO, as computed in accordance with Item 402(v) of Regulation S-K which include the following adjustments:
YearReported Summary Compensation Table Total for PEO
Less:
Reported Value of Equity Awards (a)
Plus:
Equity Award Adjustments (b)
Compensation Actually Paid to PEO
2022$1,819,537 $794,978 $(1,703,420)$(678,861)
20212,502,021 765,386 2,437,699 4,174,334 
20202,120,180 506,139 810,272 2,424,313 
(a)    The grant date fair value of equity awards represents the total of the amounts reported in the “Stock Awards” column in the Summary Compensation Table for the applicable year.
(b)     The equity award adjustments, which are based on fair value of the related stock award (computed consistent with the methodology used for share-based payments under U.S. GAAP) as of the related vesting date or the year-end, for each applicable year include the addition (or subtraction, as applicable) of the following:
(i)(ii)(iii)(iv)(v)
YearYear End Fair Value of Outstanding and Unvested Equity Awards Granted in the YearYear over Year Change in Fair Value of Outstanding and Unvested Equity Awards Fair Value as of Vesting Date of Equity Awards Granted and Vested in the YearYear over Year Change in Fair Value of Equity Awards Granted in Prior Years that Vested in the YearSubtract the Fair Value at the End of the Prior Year of Equity Awards that Failed to Meet Vesting Conditions in the YearTotal Equity Award Adjustments
2022$248,494 $(933,931)$— $(66,948)$(951,035)$(1,703,420)
20211,331,918 1,009,191 — 96,590 — 2,437,699 
2020873,715 19,828 — (83,271)— 810,272 

(i)     The year-end fair value of equity awards granted in the applicable year that are outstanding and unvested as of the end of the applicable year.
(ii)     The change in the fair value of any awards outstanding and unvested as of the beginning and end of the applicable year based on the fair value at the end of the prior year and the end of the applicable year.
(iii)     The fair value, as of the vesting date, of any awards that were granted and vested in the same applicable year.
(iv)     The change in fair value of any awards granted in prior years that vested in the applicable year based on fair value at the end of the prior year and the fair value as of the vesting date; and
(v)     The fair value, equal to the fair value at the beginning of the applicable year, of any awards outstanding and unvested at the beginning of the applicable year that are determined to fail to meet the applicable vesting conditions during the applicable year.
   
Non-PEO NEO Average Total Compensation Amount $ 980,060 1,188,347 1,087,805
Non-PEO NEO Average Compensation Actually Paid Amount $ 168,560 1,677,709 1,169,726
Adjustment to Non-PEO NEO Compensation Footnote [Text Block] The dollar amounts represent the average amount of “compensation actually paid” to the Non-PEO NEOs as a group, as computed in accordance with Item 402(v) of Regulation S-K which include the following adjustments:
YearAverage Reported Summary Compensation Table Total for Non-PEO NEOs
Less: Average Reported Value of Equity Awards (a)
Plus: Average Equity Award Adjustments (b)
Average Compensation Actually Paid to Non-PEO NEOs
2022$980,060 $197,791 $(613,709)$168,560 
20211,188,347 161,972 651,334 1,677,709 
20201,087,805 228,816 310,737 1,169,726 

(a) The grant date fair value of equity awards represents the average of the total amounts reported for our Non-PEO NEOs as a group in the “Stock Awards” column in the Summary Compensation Table for the applicable year.
(b) The average equity award adjustments for our Non-PEO NEOs, which are based on fair value of the related stock award (computed consistent with the methodology used for share-based payments under U.S. GAAP) as of the related vesting date or the year-end, for each applicable year include the addition (or subtraction, as applicable) of the following:
(i)(ii)(iii)(iv)(v)
YearYear End Fair Value of Outstanding and Unvested Equity AwardsYear over Year Change in Fair Value of Outstanding and Unvested Equity Awards Fair Value as of Vesting Date of Equity Awards Granted and Vested in the YearYear over Year Change in Fair Value of Equity Awards Granted in Prior Years that Vested in the YearSubtract the Fair Value at the End of the Prior Year of Equity Awards that Failed to Meet Vesting Conditions in the YearTotal Average Equity Award Adjustments
2022$61,825 $(241,287)$— $(107,917)$(326,330)$(613,709)
2021281,862 311,220 — 58,252 — 651,334 
2020313,191 3,891 51,548 (9,036)(48,857)310,737 

(i)    The average year-end fair value of equity awards granted in the applicable year that are outstanding and unvested as of the end of the applicable year.
(ii)    The average change in the fair value of any awards outstanding and unvested as of the beginning and end of the applicable year based on the fair value at the end of the prior year and the end of the applicable year.
(iii)    The average fair value, as of the vesting date, of any awards that were granted and vested in the same applicable year.
(iv)    The average change in fair value of any awards granted in prior years that vested in the applicable year based on fair value at the end of the prior year and the fair value as of the vesting date.
(v)    The average fair value, equal to the fair value at the beginning of the applicable year, of any awards outstanding and unvested at the beginning of the applicable year that are determined to fail to meet the applicable vesting conditions during the applicable year.
   
Compensation Actually Paid vs. Total Shareholder Return [Text Block]
Compensation Actually Paid, Cumulative Company TSR and Cumulative Peer Group TSR

CAP vs TSR final.gif
   
Compensation Actually Paid vs. Net Income [Text Block]
Compensation Actually Paid and Net Income
Cap vs Net Income fINAL.gif
   
Compensation Actually Paid vs. Company Selected Measure [Text Block]
Compensation Actually Paid and Core ROATE

Cap vs Core ROATE final.gif
   
Total Shareholder Return Vs Peer Group [Text Block]
Compensation Actually Paid, Cumulative Company TSR and Cumulative Peer Group TSR

CAP vs TSR final.gif
   
Tabular List [Table Text Block]
Key HomeStreet Performance Measures
1. Core ROATE
2. Core ROAA
3. Efficiency ratio
4. Core Deposit Growth
5. Nonperforming Assets to Total Assets
6. Relative TSR (compared to KRX index)
   
Total Shareholder Return Amount $ 81.12 152.94 99.26
Peer Group Total Shareholder Return Amount 106.01 117.08 87.90
Net Income (Loss) $ 66,540,000 $ 115,422,000 $ 79,990,000
Company Selected Measure Amount 0.109 0.168 0.121
PEO Name Mr. Mason    
Additional 402(v) Disclosure [Text Block] )    The dollar amounts reported in are the amounts of total compensation reported for our PEO for each corresponding year in the “Total” column of the Summary Compensation Table. Cumulative TSR is calculated by dividing the sum of the cumulative amount of dividends for the measurement period, assuming dividend reinvestment, and the difference between the Company’s share price at the end and the beginning of the measurement period by the Company’s share price at the beginning of the measurement period. Assumes initial $100 investment on December 31, 2019.The dollar amounts reported represent the amount of net income reflected in the Company’s audited financial statements for the applicable year.    
Measure [Axis]: 1      
Pay vs Performance Disclosure [Table]      
Non-GAAP Measure Description [Text Block] Core return on average tangible equity (“ROATE”) is defined as net income, excluding any amortization of intangible assets and adjusted to exclude any non-core items such as restructuring charges, merger expenses, or income from sale of branches, as a percentage of total average tangible equity, which is average equity less average intangible assets. See Appendix A for reconciliations of these non-GAAP results of operations to the nearest comparable GAAP measures. We have determined that Core ROATE is the financial performance measure that, in our assessment, represents the most important performance measure used by the Company to link compensation actually paid to our NEOs, for the most recently completed fiscal year, to Company performance    
Measure [Axis]: 6      
Pay vs Performance Disclosure [Table]      
Measure Name 6. Relative TSR (compared to KRX index)    
PEO [Member] | Equity Awards Reported Value [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount $ 794,978 $ 765,386 $ 506,139
PEO [Member] | Equity Award Adjustments [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (1,703,420) 2,437,699 810,272
PEO [Member] | Equity Awards Granted During the Year, Unvested [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment To Compensation Amount, Equity Awards 248,494 1,331,918 873,715
PEO [Member] | Equity Awards Granted in Prior Years, Unvested [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment To Compensation Amount, Equity Awards (933,931) 1,009,191 19,828
PEO [Member] | Equity Awards Granted During the Year, Vested [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment To Compensation Amount, Equity Awards 0 0 0
PEO [Member] | Equity Awards Granted in Prior Years, Vested [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment To Compensation Amount, Equity Awards (66,948) 96,590 (83,271)
PEO [Member] | Equity Awards that Failed to Meet Vesting Conditions [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment To Compensation Amount, Equity Awards $ (951,035) 0 0
Non-PEO NEO [Member] | Measure [Axis]: 1      
Pay vs Performance Disclosure [Table]      
Measure Name 1. Core ROATE    
Non-PEO NEO [Member] | Measure [Axis]: 2      
Pay vs Performance Disclosure [Table]      
Measure Name 2. Core ROAA    
Non-PEO NEO [Member] | Measure [Axis]: 3      
Pay vs Performance Disclosure [Table]      
Measure Name 3. Efficiency ratio    
Non-PEO NEO [Member] | Measure [Axis]: 4      
Pay vs Performance Disclosure [Table]      
Measure Name 4. Core Deposit Growth    
Non-PEO NEO [Member] | Measure [Axis]: 5      
Pay vs Performance Disclosure [Table]      
Measure Name 5. Nonperforming Assets to Total Assets    
Non-PEO NEO [Member] | Equity Awards Reported Value [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount $ 197,791 161,972 228,816
Non-PEO NEO [Member] | Equity Award Adjustments [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (613,709) 651,334 310,737
Non-PEO NEO [Member] | Equity Awards Granted During the Year, Unvested [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment To Compensation Amount, Equity Awards 61,825 281,862 313,191
Non-PEO NEO [Member] | Equity Awards Granted in Prior Years, Unvested [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment To Compensation Amount, Equity Awards (241,287) 311,220 3,891
Non-PEO NEO [Member] | Equity Awards Granted During the Year, Vested [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment To Compensation Amount, Equity Awards 0 0 51,548
Non-PEO NEO [Member] | Equity Awards Granted in Prior Years, Vested [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment To Compensation Amount, Equity Awards (107,917) 58,252 (9,036)
Non-PEO NEO [Member] | Equity Awards that Failed to Meet Vesting Conditions [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment To Compensation Amount, Equity Awards $ (326,330) $ 0 $ (48,857)