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Pay vs Performance Disclosure - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Pay vs Performance Disclosure      
Pay vs Performance Disclosure, Table

Value of Initial Fixed $100

Investment Based on:

Summary

Average Summary

Average

Peer

Compensation

Compensation

Compensation

Compensation

Total

Group Total

Table Total

Actually Paid

Table Total

Actually Paid

Shareholder

Shareholder

Net Income (7)

PPNR (8)

Year

   

for CEO (1)

   

to CEO (2)

   

for Non-CEO NEOs (3)

   

to Non-CEO NEOs (4)

  

Return (5)

   

Return (6)

   

(in thousands)

   

(in thousands)

2023

$

1,266,346

$

667,636

$

699,763

$

456,725

$

108.25

$

126.63

$

39,960

$

51,588

2022

1,779,841

1,930,993

874,577

910,271

142.03

118.42

53,392

79,736

2021

1,524,384

2,210,043

868,675

1,340,822

141.63

141.27

45,687

67,117

(1)Amount represents the total compensation of the Company's CEO, Jerry Baack, as reported in the Summary Compensation Table for each year indicated. Refer to the "Summary Compensation Table" above.
(2)Amount represents the amount of CAP to Mr. Baack, as computed in accordance with Item 402(v) of Regulation S-K. In accordance with the requirements of Item 402(v) of Regulation S-K, the following adjustments were made to Mr. Baack’s total compensation for each year to determine the CAP:

2023

    

2022

    

2021

Total Compensation from Summary Compensation Table

$

1,266,346

$

1,779,841

$

1,524,384

Adjustment for Grant Date Values in the Summary Compensation Table

 

(351,679)

(528,339)

(317,976)

Year-end Fair Value of Unvested Awards Granted in the Current Year

 

304,984

661,830

323,090

Year-over-year Difference of Year-end Fair Values for Unvested Awards Granted in Prior Years

 

(298,858)

11,104

420,439

Differences in Fair Values Between Prior Year-end Fair Values and Vest Date Fair Values for Awards Granted in Prior Years

(253,157)

6,557

260,106

Compensation Actually Paid (as calculated)

$

667,636

$

1,930,993

$

2,210,043

(3)Amount represents the average of the total compensation of each of the Company's non-CEO NEOs as reported in the Summary Compensation Table for each year indicated. The individuals comprising the non-CEO NEOs for each year are listed below:

2023

    

2022

    

2021

Jeff Shellberg

Jeff Shellberg

Jeff Shellberg

Mary Jayne Crocker

Mary Jayne Crocker

Mary Jayne Crocker

Joseph Chybowski

Joseph Chybowski

Nick Place

Nick Place

(4)Amount represents the average of the total CAP to other named non-CEO NEOs of the Company as reported in the Summary Compensation Table, as computed in accordance with Item 402(v) of Regulation S-K. In accordance with the requirements of Item 402(v) of Regulation S-K, the following adjustments were made to average total compensation for the non-CEO NEOs as a group for each year to determine the CAP:

2023

    

2022

    

2021

Total Compensation from Summary Compensation Table

$

699,763

$

874,577

$

868,675

Adjustment for Grant Date Values in the Summary Compensation Table

(178,342)

(184,918)

(178,453)

Year-end Fair Value of Unvested Awards Granted in the Current Year

154,662

231,641

181,323

Year-over-year Difference of Year-end Fair Values for Unvested Awards Granted in Prior Years

(114,547)

4,294

271,314

Differences in Fair Values Between Prior Year-end Fair Values and Vest Date Fair Values for Awards Granted in Prior Years

(104,811)

(15,323)

197,963

Compensation Actually Paid (as calculated)

$

456,725

$

910,271

$

1,340,822

(5)Amount represents the cumulative three-year total return to shareholders of the Company's common stock and assumes that the value of the investment was $100 on December 31, 2020 and that any subsequent dividends were reinvested. The stock price performance included in this column is not necessarily indicative of future stock price performance.
(6)Reflects the cumulative total shareholder return of the Nasdaq Bank Index. This is the peer group used by the Company as reflected on Form 10-K of the Company's consolidated financial statements for the year ended December 31, 2023.
(7)Net Income reflected represents GAAP Net Income as reported on Form 10-K of the Company's consolidated financial statements.
(8)Pre-Provision Net Revenue (or “PPNR”) is the Company-Selected Measure. For further detail, see the “Compensation Discussion and Analysis” section in this proxy statement. PPNR is a non-GAAP financial measure. See “GAAP Reconciliation and Management Explanation of Non-GAAP Financial Measures” in the accompanying 2023 Form 10-K for further details.
   
Company Selected Measure Name Pre-Provision Net Revenue (or “PPNR”)    
Named Executive Officers, Footnote
(3)Amount represents the average of the total compensation of each of the Company's non-CEO NEOs as reported in the Summary Compensation Table for each year indicated. The individuals comprising the non-CEO NEOs for each year are listed below:

2023

    

2022

    

2021

Jeff Shellberg

Jeff Shellberg

Jeff Shellberg

Mary Jayne Crocker

Mary Jayne Crocker

Mary Jayne Crocker

Joseph Chybowski

Joseph Chybowski

Nick Place

Nick Place

   
Peer Group Issuers, Footnote
(6)Reflects the cumulative total shareholder return of the Nasdaq Bank Index. This is the peer group used by the Company as reflected on Form 10-K of the Company's consolidated financial statements for the year ended December 31, 2023.
   
PEO Total Compensation Amount $ 1,266,346 $ 1,779,841 $ 1,524,384
PEO Actually Paid Compensation Amount $ 667,636 1,930,993 2,210,043
Adjustment To PEO Compensation, Footnote
(2)Amount represents the amount of CAP to Mr. Baack, as computed in accordance with Item 402(v) of Regulation S-K. In accordance with the requirements of Item 402(v) of Regulation S-K, the following adjustments were made to Mr. Baack’s total compensation for each year to determine the CAP:

2023

    

2022

    

2021

Total Compensation from Summary Compensation Table

$

1,266,346

$

1,779,841

$

1,524,384

Adjustment for Grant Date Values in the Summary Compensation Table

 

(351,679)

(528,339)

(317,976)

Year-end Fair Value of Unvested Awards Granted in the Current Year

 

304,984

661,830

323,090

Year-over-year Difference of Year-end Fair Values for Unvested Awards Granted in Prior Years

 

(298,858)

11,104

420,439

Differences in Fair Values Between Prior Year-end Fair Values and Vest Date Fair Values for Awards Granted in Prior Years

(253,157)

6,557

260,106

Compensation Actually Paid (as calculated)

$

667,636

$

1,930,993

$

2,210,043

   
Non-PEO NEO Average Total Compensation Amount $ 699,763 874,577 868,675
Non-PEO NEO Average Compensation Actually Paid Amount $ 456,725 910,271 1,340,822
Adjustment to Non-PEO NEO Compensation Footnote
(4)Amount represents the average of the total CAP to other named non-CEO NEOs of the Company as reported in the Summary Compensation Table, as computed in accordance with Item 402(v) of Regulation S-K. In accordance with the requirements of Item 402(v) of Regulation S-K, the following adjustments were made to average total compensation for the non-CEO NEOs as a group for each year to determine the CAP:

2023

    

2022

    

2021

Total Compensation from Summary Compensation Table

$

699,763

$

874,577

$

868,675

Adjustment for Grant Date Values in the Summary Compensation Table

(178,342)

(184,918)

(178,453)

Year-end Fair Value of Unvested Awards Granted in the Current Year

154,662

231,641

181,323

Year-over-year Difference of Year-end Fair Values for Unvested Awards Granted in Prior Years

(114,547)

4,294

271,314

Differences in Fair Values Between Prior Year-end Fair Values and Vest Date Fair Values for Awards Granted in Prior Years

(104,811)

(15,323)

197,963

Compensation Actually Paid (as calculated)

$

456,725

$

910,271

$

1,340,822

   
Compensation Actually Paid vs. Total Shareholder Return

CEO and Average Non-CEO NEO CAP vs Cumulative TSR and Cumulative TSR of the Peer Group

Graphic

   
Compensation Actually Paid vs. Net Income

CEO and Average Non-CEO NEO CAP vs the Company’s Net Income

Graphic

   
Compensation Actually Paid vs. Company Selected Measure

CEO and Average Non-CEO NEO CAP vs PPNR

Graphic

   
Total Shareholder Return Amount $ 108.25 142.03 141.63
Peer Group Total Shareholder Return Amount 126.63 118.42 141.27
Net Income (Loss) $ 39,960,000 $ 53,392,000 $ 45,687,000
Company Selected Measure Amount 51,588,000 79,736,000 67,117,000
PEO Name Jerry Baack    
Measure:: 1      
Pay vs Performance Disclosure      
Name Earnings per share    
Measure:: 2      
Pay vs Performance Disclosure      
Name Return on average assets    
Measure:: 3      
Pay vs Performance Disclosure      
Name PPNR    
Non-GAAP Measure Description
(8)Pre-Provision Net Revenue (or “PPNR”) is the Company-Selected Measure. For further detail, see the “Compensation Discussion and Analysis” section in this proxy statement. PPNR is a non-GAAP financial measure. See “GAAP Reconciliation and Management Explanation of Non-GAAP Financial Measures” in the accompanying 2023 Form 10-K for further details.
   
Measure:: 4      
Pay vs Performance Disclosure      
Name Return on average tangible common equity    
Measure:: 5      
Pay vs Performance Disclosure      
Name Net charge-offs    
Measure:: 6      
Pay vs Performance Disclosure      
Name Nonperforming assets    
Measure:: 7      
Pay vs Performance Disclosure      
Name Tangible book value per share growth    
PEO | Adjustment for Grant Date Values in the Summary Compensation Table      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount $ (351,679) $ (528,339) $ (317,976)
PEO | Year-end Fair Value of Unvested Awards Granted in the Current Year      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 304,984 661,830 323,090
PEO | Year-over-year Difference of Year-end Fair Values for Unvested Awards Granted in Prior Years      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount (298,858) 11,104 420,439
PEO | Differences in Fair Values Between Prior Year-end Fair Values and Vest Date Fair Values for Awards Granted in Prior Years      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount (253,157) 6,557 260,106
Non-PEO NEO | Adjustment for Grant Date Values in the Summary Compensation Table      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount (178,342) (184,918) (178,453)
Non-PEO NEO | Year-end Fair Value of Unvested Awards Granted in the Current Year      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 154,662 231,641 181,323
Non-PEO NEO | Year-over-year Difference of Year-end Fair Values for Unvested Awards Granted in Prior Years      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount (114,547) 4,294 271,314
Non-PEO NEO | Differences in Fair Values Between Prior Year-end Fair Values and Vest Date Fair Values for Awards Granted in Prior Years      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount $ (104,811) $ (15,323) $ 197,963