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Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2020
Dec. 31, 2019
Mar. 31, 2019
Interest and dividend income      
Loans, including fees $ 65,534 $ 73,930 $ 90,558
Securities 7,820 7,812 17,841
Other interest-earning assets 1,360 1,960 2,313
Total interest and dividend income 74,714 83,702 110,712
Interest expense      
Deposits 14,611 18,247 31,443
Federal Home Loan Bank advances 5,883 6,396 9,081
Securities sold under repurchase agreements 0 15 18
Long term debt and other interest-bearing liabilities 2,359 2,384 2,362
Total interest expense 22,853 27,042 42,904
Net interest income 51,861 56,660 67,808
Provision for (reversal of) credit losses 15,761 (2,976) 2,098
Net interest income after provision for credit losses 36,100 59,636 65,710
Noninterest income      
Customer service fees 1,096 1,451 1,515
Loan servicing income 75 312 118
Income from bank owned life insurance 578 599 525
Net gain on sale of securities available-for-sale 0 3 208
Fair value adjustment for loans held for sale (1,586) 30 1
Net (loss) gain on sale of loans (27) (863) 1,552
Other income 1,925 3,398 2,376
Total noninterest income 2,061 4,930 6,295
Noninterest expense      
Salaries and employee benefits 23,436 24,036 28,439
Occupancy and equipment 7,243 7,900 7,686
Professional fees 5,964 2,611 11,041
Outside service fees 362 285 403
Data processing 1,773 1,684 1,496
Advertising and promotion 1,756 2,227 2,057
Regulatory assessments 484 1,854 2,482
Loss on investments in alternative energy partnerships 3,052   2,587
Reversal of provision for loan repurchases (600) (360) (116)
Amortization of intangible assets 429 454 620
Restructuring expense 0 1,626 2,795
All other expense 4,167 4,127 3,396
Total noninterest expense 46,919 47,483 62,249
(Loss) income from operations before income taxes (8,758) 17,083 9,756
Income tax (benefit) expense (2,165) 2,811 2,719
Net (loss) income (6,593) 14,272 7,037
Preferred stock dividends 3,533 3,540 4,308
Income allocated to participating securities 0 224 0
Participating securities dividends 94 93 202
Impact of preferred stock redemption (526) 0 0
Net (loss) income available to common stockholders (9,694) $ 10,415 2,527
Voting      
Noninterest expense      
Preferred stock dividends 3,500   4,267
Participating securities dividends 93   $ 200
Impact of preferred stock redemption $ 521    
(Loss) earnings per common share:      
Basic (in usd per share) $ (0.19) $ 0.21 $ 0.05
Diluted (loss) earnings per common share      
Diluted (in usd per share) $ (0.19) 0.20 $ 0.05
Class B Common Stock      
Noninterest expense      
Preferred stock dividends $ 33   $ 41
Participating securities dividends 1   $ 2
Impact of preferred stock redemption $ 5    
(Loss) earnings per common share:      
Basic (in usd per share) $ (0.19) 0.21 $ 0.05
Diluted (loss) earnings per common share      
Diluted (in usd per share) $ (0.19) $ 0.21 $ 0.05
Alternative Energy Investments      
Noninterest expense      
Loss on investments in alternative energy partnerships $ 1,905 $ 1,039 $ 1,950