v3.24.1.u1
Pay vs Performance Disclosure
 12 Months Ended
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Pay vs Performance Disclosure        
Pay vs Performance Disclosure, Table
Pay Versus Performance Disclosure
As required by Section 953(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act, and Item 402(v) of Regulation S-K, we are providing the following information that demonstrates the relationship between executive “Compensation Actually Paid” and the Company’s performance against several specific financial metrics. For further information regarding our executive compensation and programs, the metrics used by our Compensation Committee to set executive compensation for 2023 (which is different than the financial metrics we are required to include in the tables and discussion below) and our pay- for-performance philosophy, please refer to the “Compensation Discussion and Analysis” section included herein.
The table below reflects the Compensation Actually Paid to the Company’s Principal Executive Officer (“PEO”) and average Compensation Actually Paid to non-PEO NEO’s during 2020 through 2023. In addition, the table compares our Total Stockholder Return (“TSR”) against our peer group TSR using the KBW Nasdaq Regional Bank Index.
Year
(a)
​ ​
Summary
Compensation
Table Total
for PEO(1)
(b)
​ ​
Compensation
Actually
Paid to
PEO ($)(2)(3)
(c)
​ ​
Average
Summary
Compensation
Table Total
for Non-PEO
NEOs ($)(1)
(d)
​ ​
Average
Compensation
Actually Paid
to Non-PEO
NEOs ($)(2)(3)
(e)
​ ​
Value of Initial Fixed
$100 Investment
Based On:(4)
​ ​
Net Income
($ in thousands)
(h)
​ ​
Return on
Tangible
Book Value(5)
(i)
​
​
TSR ($)
(f)
​ ​
Peer Group
TSR ($)
(g)
​
2023
​ ​ ​ ​ 1,329,000 ​ ​ ​ ​ ​ 1,363,513 ​ ​ ​ ​ ​ 486,655 ​ ​ ​ ​ ​ 490,773 ​ ​ ​ ​ ​ 55.63 ​ ​ ​ ​ ​ 101.77 ​ ​ ​ ​ ​ (199,064) ​ ​ ​ ​ ​ 1.9% ​ ​
2022
​ ​ ​ ​ 2,684,550 ​ ​ ​ ​ ​ 2,439,531 ​ ​ ​ ​ ​ 839,164 ​ ​ ​ ​ ​ 832,136 ​ ​ ​ ​ ​ 82.36 ​ ​ ​ ​ ​ 106.02 ​ ​ ​ ​ ​ 110,512 ​ ​ ​ ​ ​ 13.0% ​ ​
2021
​ ​ ​ ​ 2,439,000 ​ ​ ​ ​ ​ 2,457,626 ​ ​ ​ ​ ​ 1,110,500 ​ ​ ​ ​ ​ 1,116,184 ​ ​ ​ ​ ​ 142.87 ​ ​ ​ ​ ​ 117.08 ​ ​ ​ ​ ​ 109,511 ​ ​ ​ ​ ​ 16.9% ​ ​
2020
​ ​ ​ ​ 2,201,000 ​ ​ ​ ​ ​ 2,219,850 ​ ​ ​ ​ ​ 829,440 ​ ​ ​ ​ ​ 829,031 ​ ​ ​ ​ ​ 114.43 ​ ​ ​ ​ ​ 87.90 ​ ​ ​ ​ ​ 84,369 ​ ​ ​ ​ ​ 15.5% ​ ​
​
(1)
The amounts included in column (b) reflect the summary compensation table total for Scott F. Kavanaugh for the years reported in the table. Scott F. Kavanaugh was our PEO for each year presented. The amounts reported in column (d) reflect the average summary compensation table total amounts for the non-PEO executive officers for the respective years. The individuals comprising the non-PEOs for each year are listed below:
​
2023
​ ​
2022
​ ​
2021
​ ​
2020
​
Ulrich Keller ​ ​ Ulrich E. Keller, Jr. ​ ​ Ulrich E. Keller, Jr. ​ ​ Ulrich E. Keller, Jr. ​
Amy Djou ​ ​ David DePillo ​ ​ David DePillo ​ ​ David DePillo ​
Chris Naghibi ​ ​ Kevin Thompson ​ ​ Kevin Thompson ​ ​ John Michel ​
John Hakopian ​ ​ Lindsay Lawrence ​ ​ Lindsay Lawrence ​ ​ Kevin Thompson ​
James Britton ​ ​ Amy Djou ​ ​ ​ ​ ​ Lindsay Lawrence ​
​ ​ ​ Chris Naghibi ​ ​ ​ ​ ​ ​ ​
​ ​ ​ John A. Hakopian ​ ​ ​ ​ ​ ​ ​
James Britton was hired in August 2023. David DePillo and Kevin Thompson resigned from the Company in November 2022. Lindsay Lawrence resigned from the Company in December 2022. John Michel resigned from the Company in May 2020.
(2)
The amounts shown in compensation actually paid have been calculated in accordance with Item 402(v) of Regulation S-K and do not reflect compensation actually earned, realized or received by the Company’s NEOs. These amounts reflect the summary compensation table total within certain adjustments as described below in footnote 3.
​
(3)
Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEO and non-PEO NEO’s as set forth below. Equity values are calculated in accordance with FASB ASC Topic 718 and valuation assumptions do not differ materially from those disclosed as of the grant date of the equity awards. Amounts in the Exclusion of Stock Awards column are the totals from the Stock Awards columns set forth in the Summary Compensation Table. For all periods presented, equity values or awards only include stock awards as there were no stock options granted or outstanding during these periods.
​
(4)
The Peer Group TSR set forth in this table utilizes the KBW Nasdaq Regional Bank Index, which we also utilized in the stock performance graph required by Item 201(e) of regulation S-K in our Annual Report filed on Form 10-K for the year ended December 31, 2023. The comparison assumes $100 invested for the period beginning December 31, 2020 through December 31, 2023 for the Company and the KBW Regional Bank Index, respectively. TSR shown in the table are not necessarily indicative of future stock performance.
​
(5)
We determined Return on Average Tangible Common Equity was the most important financial measure used to link Company performance to Compensation Actually Paid to our PEO and non-PEO NEOs. This performance measure may not have been the most important financial performance measure for prior years and we may determine a different financial performance measure to be the most important financial measure in future years.
​
Year
​ ​
Summary
Compensation
Table Total
for PEO ($)
​ ​
Exclusion of
Stock Awards
for PEO ($)
​ ​
Inclusion of
Equity Values
for PEO ($)
​ ​
Compensation
Actually
Paid to PEO ($)
​
2023
​ ​ ​ ​ 1,329,000 ​ ​ ​ ​ ​ (342,000) ​ ​ ​ ​ ​ 376,512 ​ ​ ​ ​ ​ 1,363,513 ​ ​
2022
​ ​ ​ ​ 2,684,550 ​ ​ ​ ​ ​ (510,000) ​ ​ ​ ​ ​ 264,981 ​ ​ ​ ​ ​ 2,439,531 ​ ​
2021
​ ​ ​ ​ 2,439,000 ​ ​ ​ ​ ​ (435,000) ​ ​ ​ ​ ​ 453,626 ​ ​ ​ ​ ​ 2,457,626 ​ ​
2020
​ ​ ​ ​ 2,201,000 ​ ​ ​ ​ ​ (363,000) ​ ​ ​ ​ ​ 381,850 ​ ​ ​ ​ ​ 2,219,850 ​ ​
Year
​ ​
Average Summary
Compensation Table
Total for Non-PEO
NEOs ($)
​ ​
Average Exclusion of
Stock Awards for
Non-PEO NEOs ($)
​ ​
Average Inclusion of
Equity Values for
Non-PEO NEOs ($)
​ ​
Average
Compensation
Actually Paid to
Non-PEO NEOs ($)
​
2023
​ ​ ​ ​ 486,655 ​ ​ ​ ​ ​ (37,328) ​ ​ ​ ​ ​ 41,447 ​ ​ ​ ​ ​ 490,773 ​ ​
2022
​ ​ ​ ​ 839,164 ​ ​ ​ ​ ​ (20,386) ​ ​ ​ ​ ​ 13,358 ​ ​ ​ ​ ​ 832,136 ​ ​
2021
​ ​ ​ ​ 1,110,500 ​ ​ ​ ​ ​ (137,000) ​ ​ ​ ​ ​ 142,684 ​ ​ ​ ​ ​ 1,116,184 ​ ​
2020
​ ​ ​ ​ 829,440 ​ ​ ​ ​ ​ (99,880) ​ ​ ​ ​ ​ 99,471 ​ ​ ​ ​ ​ 829,031 ​ ​
The amounts in the Inclusion of Equity Values in the table above is derived from the amounts as set forth below:
Year
​ ​
Year-End Fair
Value of Equity
Awards Granted
During the Year
That Remained
Unvested as of
Last Day of Year
for PEO ($)
​ ​
Change in Fair
Value from Last Day
of Year of Unvested
EquityAwards
Granted in
Prior years for
PEO ($)
​ ​
Vesting-Date Fair
Value of Equity
Awards Granted
During Year that
Vested During
Year for
PEO ($)
​ ​
Change in Fair
Value from Last
Day of Prior
Year to Vesting
Date of Unvested
Equity Awards
Granted in Prior
Years that Vested
During Year
for PEO ($)
​ ​
Fair Value at Last
Day of Prior Year of
Equity Awards
Granted in Prior
Years that
Forfeited
During Year for
PEO ($)
​ ​
Value of
Dividends or
Other Earning
Pai d on Equity
Awards Not
Otherwise
Included for
PEO ($)
​ ​
Total — Inclusion
of Equity values
for PEO ($)
​
2023
​ ​ ​ ​ 221,943 ​ ​ ​ ​ ​ (25,580) ​ ​ ​ ​ ​ 172,732 ​ ​ ​ ​ ​ 7,417 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 376,512 ​ ​
2022
​ ​ ​ ​ 157,659 ​ ​ ​ ​ ​ (54,577) ​ ​ ​ ​ ​ 145,006 ​ ​ ​ ​ ​ 16,893 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 264,981 ​ ​
2021
​ ​ ​ ​ 257,674 ​ ​ ​ ​ ​ 34,907 ​ ​ ​ ​ ​ 121,000 ​ ​ ​ ​ ​ 40,045 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 453,626 ​ ​
2020
​ ​ ​ ​ 280,811 ​ ​ ​ ​ ​ 11,491 ​ ​ ​ ​ ​ 108,671 ​ ​ ​ ​ ​ (19,123) ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 381,850 ​ ​
Year
​ ​
Average Year-End
Fair Value of
Equity
Awards Granted
During the Year
That Remained
Unvested as of
Last Day of Year
for Non-PEO
NEOs ($)
​ ​
Average Change
in Fair Value from
Last Day of Year
of Unvested Equity
Awards Granted
in Prior years
for Non-PEO
NEOs ($)
​ ​
Average Vesting-
Date Fair Value of
Equity Awards
Granted During
Year that Vested
During Year for
Non-PEO
NEOs ($)
​ ​
Average Change
in Fair Value from
Last Day of
Prior Year to
Vesting Date of
Unvested Equity
Awards Granted in
Prior Years
that Vested
During Year for
Non-PEO
NEOs ($)
​ ​
Average Fair
Value at Last
Day of Prior
Year of Equity
Awards Granted
in Prior Years that
Forfeited During
Year for Non-
PEO NEOs ($)
​ ​
Average Value of
Dividends or
other Earning
Paid on Equity
Awards Not
otherwise
Included for Non-
PEO NEOs ($)
​ ​
Total — Average
Inclusion of
Equity Values for
Non-PEO
NEOs ($)
​
2023
​ ​ ​ ​ 34,465 ​ ​ ​ ​ ​ (1,605) ​ ​ ​ ​ ​ 8,735 ​ ​ ​ ​ ​ (148) ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 41,447 ​ ​
2022
​ ​ ​ ​ 7,065 ​ ​ ​ ​ ​ (2,300) ​ ​ ​ ​ ​ 30,314 ​ ​ ​ ​ ​ 2,905 ​ ​ ​ ​ ​ (24,626) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 13,358 ​ ​
2021
​ ​ ​ ​ 79,801 ​ ​ ​ ​ ​ 12,476 ​ ​ ​ ​ ​ 37,471 ​ ​ ​ ​ ​ 12,936 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 142,684 ​ ​
2020
​ ​ ​ ​ 76,311 ​ ​ ​ ​ ​ 2,736 ​ ​ ​ ​ ​ 31,268 ​ ​ ​ ​ ​ (5,509) ​ ​ ​ ​ ​ (5,335) ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 99,471 ​ ​
(6)
The Peer Group TSR set forth in this table utilizes the KBW Nasdaq Regional Bank Index, which we also utilized in the stock performance graph required by Item 201(e) of Regulation S-K in our Annual Report filed on Form 10-K for the year ended December 31, 2023. The comparison assumes $100
​
invested for the period beginning December 31, 2019 through December 31, 2023 for the Company and the KBW Regional Bank Index, respectively. TSR shown the table are not necessarily indicative of future stock performance.
(7)
We determined Return on Tangible Book Value was the most important financial performance measure used to link Company performance to Compensation Actually Paid to our PEO and non- PEO NEOs in 2023. This performance measure may not have been the most important financial performance measure for years 2022 and 2021 and we may determine a different financial performance measure to be the most important financial performance measure in future years.
     
Company Selected Measure Name Return on Tangible Book Value      
Named Executive Officers, Footnote
(1)
The amounts included in column (b) reflect the summary compensation table total for Scott F. Kavanaugh for the years reported in the table. Scott F. Kavanaugh was our PEO for each year presented. The amounts reported in column (d) reflect the average summary compensation table total amounts for the non-PEO executive officers for the respective years. The individuals comprising the non-PEOs for each year are listed below:
​
2023
​ ​
2022
​ ​
2021
​ ​
2020
​
Ulrich Keller ​ ​ Ulrich E. Keller, Jr. ​ ​ Ulrich E. Keller, Jr. ​ ​ Ulrich E. Keller, Jr. ​
Amy Djou ​ ​ David DePillo ​ ​ David DePillo ​ ​ David DePillo ​
Chris Naghibi ​ ​ Kevin Thompson ​ ​ Kevin Thompson ​ ​ John Michel ​
John Hakopian ​ ​ Lindsay Lawrence ​ ​ Lindsay Lawrence ​ ​ Kevin Thompson ​
James Britton ​ ​ Amy Djou ​ ​ ​ ​ ​ Lindsay Lawrence ​
​ ​ ​ Chris Naghibi ​ ​ ​ ​ ​ ​ ​
​ ​ ​ John A. Hakopian ​ ​ ​ ​ ​ ​ ​
James Britton was hired in August 2023. David DePillo and Kevin Thompson resigned from the Company in November 2022. Lindsay Lawrence resigned from the Company in December 2022. John Michel resigned from the Company in May 2020.
     
Peer Group Issuers, Footnote
(4)
The Peer Group TSR set forth in this table utilizes the KBW Nasdaq Regional Bank Index, which we also utilized in the stock performance graph required by Item 201(e) of regulation S-K in our Annual Report filed on Form 10-K for the year ended December 31, 2023. The comparison assumes $100 invested for the period beginning December 31, 2020 through December 31, 2023 for the Company and the KBW Regional Bank Index, respectively. TSR shown in the table are not necessarily indicative of future stock performance.
     
PEO Total Compensation Amount $ 1,329,000 $ 2,684,550 $ 2,439,000 $ 2,201,000
PEO Actually Paid Compensation Amount $ 1,363,513 2,439,531 2,457,626 2,219,850
Adjustment To PEO Compensation, Footnote
(3)
Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEO and non-PEO NEO’s as set forth below. Equity values are calculated in accordance with FASB ASC Topic 718 and valuation assumptions do not differ materially from those disclosed as of the grant date of the equity awards. Amounts in the Exclusion of Stock Awards column are the totals from the Stock Awards columns set forth in the Summary Compensation Table. For all periods presented, equity values or awards only include stock awards as there were no stock options granted or outstanding during these periods.
(5)
We determined Return on Average Tangible Common Equity was the most important financial measure used to link Company performance to Compensation Actually Paid to our PEO and non-PEO NEOs. This performance measure may not have been the most important financial performance measure for prior years and we may determine a different financial performance measure to be the most important financial measure in future years.
​
Year
​ ​
Summary
Compensation
Table Total
for PEO ($)
​ ​
Exclusion of
Stock Awards
for PEO ($)
​ ​
Inclusion of
Equity Values
for PEO ($)
​ ​
Compensation
Actually
Paid to PEO ($)
​
2023
​ ​ ​ ​ 1,329,000 ​ ​ ​ ​ ​ (342,000) ​ ​ ​ ​ ​ 376,512 ​ ​ ​ ​ ​ 1,363,513 ​ ​
2022
​ ​ ​ ​ 2,684,550 ​ ​ ​ ​ ​ (510,000) ​ ​ ​ ​ ​ 264,981 ​ ​ ​ ​ ​ 2,439,531 ​ ​
2021
​ ​ ​ ​ 2,439,000 ​ ​ ​ ​ ​ (435,000) ​ ​ ​ ​ ​ 453,626 ​ ​ ​ ​ ​ 2,457,626 ​ ​
2020
​ ​ ​ ​ 2,201,000 ​ ​ ​ ​ ​ (363,000) ​ ​ ​ ​ ​ 381,850 ​ ​ ​ ​ ​ 2,219,850 ​ ​
The amounts in the Inclusion of Equity Values in the table above is derived from the amounts as set forth below:
Year
​ ​
Year-End Fair
Value of Equity
Awards Granted
During the Year
That Remained
Unvested as of
Last Day of Year
for PEO ($)
​ ​
Change in Fair
Value from Last Day
of Year of Unvested
EquityAwards
Granted in
Prior years for
PEO ($)
​ ​
Vesting-Date Fair
Value of Equity
Awards Granted
During Year that
Vested During
Year for
PEO ($)
​ ​
Change in Fair
Value from Last
Day of Prior
Year to Vesting
Date of Unvested
Equity Awards
Granted in Prior
Years that Vested
During Year
for PEO ($)
​ ​
Fair Value at Last
Day of Prior Year of
Equity Awards
Granted in Prior
Years that
Forfeited
During Year for
PEO ($)
​ ​
Value of
Dividends or
Other Earning
Pai d on Equity
Awards Not
Otherwise
Included for
PEO ($)
​ ​
Total — Inclusion
of Equity values
for PEO ($)
​
2023
​ ​ ​ ​ 221,943 ​ ​ ​ ​ ​ (25,580) ​ ​ ​ ​ ​ 172,732 ​ ​ ​ ​ ​ 7,417 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 376,512 ​ ​
2022
​ ​ ​ ​ 157,659 ​ ​ ​ ​ ​ (54,577) ​ ​ ​ ​ ​ 145,006 ​ ​ ​ ​ ​ 16,893 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 264,981 ​ ​
2021
​ ​ ​ ​ 257,674 ​ ​ ​ ​ ​ 34,907 ​ ​ ​ ​ ​ 121,000 ​ ​ ​ ​ ​ 40,045 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 453,626 ​ ​
2020
​ ​ ​ ​ 280,811 ​ ​ ​ ​ ​ 11,491 ​ ​ ​ ​ ​ 108,671 ​ ​ ​ ​ ​ (19,123) ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 381,850 ​ ​
     
Non-PEO NEO Average Total Compensation Amount $ 486,655 839,164 1,110,500 829,440
Non-PEO NEO Average Compensation Actually Paid Amount $ 490,773 832,136 1,116,184 829,031
Adjustment to Non-PEO NEO Compensation Footnote
(3)
Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEO and non-PEO NEO’s as set forth below. Equity values are calculated in accordance with FASB ASC Topic 718 and valuation assumptions do not differ materially from those disclosed as of the grant date of the equity awards. Amounts in the Exclusion of Stock Awards column are the totals from the Stock Awards columns set forth in the Summary Compensation Table. For all periods presented, equity values or awards only include stock awards as there were no stock options granted or outstanding during these periods.
(5)
We determined Return on Average Tangible Common Equity was the most important financial measure used to link Company performance to Compensation Actually Paid to our PEO and non-PEO NEOs. This performance measure may not have been the most important financial performance measure for prior years and we may determine a different financial performance measure to be the most important financial measure in future years.
​
Year
​ ​
Average Summary
Compensation Table
Total for Non-PEO
NEOs ($)
​ ​
Average Exclusion of
Stock Awards for
Non-PEO NEOs ($)
​ ​
Average Inclusion of
Equity Values for
Non-PEO NEOs ($)
​ ​
Average
Compensation
Actually Paid to
Non-PEO NEOs ($)
​
2023
​ ​ ​ ​ 486,655 ​ ​ ​ ​ ​ (37,328) ​ ​ ​ ​ ​ 41,447 ​ ​ ​ ​ ​ 490,773 ​ ​
2022
​ ​ ​ ​ 839,164 ​ ​ ​ ​ ​ (20,386) ​ ​ ​ ​ ​ 13,358 ​ ​ ​ ​ ​ 832,136 ​ ​
2021
​ ​ ​ ​ 1,110,500 ​ ​ ​ ​ ​ (137,000) ​ ​ ​ ​ ​ 142,684 ​ ​ ​ ​ ​ 1,116,184 ​ ​
2020
​ ​ ​ ​ 829,440 ​ ​ ​ ​ ​ (99,880) ​ ​ ​ ​ ​ 99,471 ​ ​ ​ ​ ​ 829,031 ​ ​
Year
​ ​
Average Year-End
Fair Value of
Equity
Awards Granted
During the Year
That Remained
Unvested as of
Last Day of Year
for Non-PEO
NEOs ($)
​ ​
Average Change
in Fair Value from
Last Day of Year
of Unvested Equity
Awards Granted
in Prior years
for Non-PEO
NEOs ($)
​ ​
Average Vesting-
Date Fair Value of
Equity Awards
Granted During
Year that Vested
During Year for
Non-PEO
NEOs ($)
​ ​
Average Change
in Fair Value from
Last Day of
Prior Year to
Vesting Date of
Unvested Equity
Awards Granted in
Prior Years
that Vested
During Year for
Non-PEO
NEOs ($)
​ ​
Average Fair
Value at Last
Day of Prior
Year of Equity
Awards Granted
in Prior Years that
Forfeited During
Year for Non-
PEO NEOs ($)
​ ​
Average Value of
Dividends or
other Earning
Paid on Equity
Awards Not
otherwise
Included for Non-
PEO NEOs ($)
​ ​
Total — Average
Inclusion of
Equity Values for
Non-PEO
NEOs ($)
​
2023
​ ​ ​ ​ 34,465 ​ ​ ​ ​ ​ (1,605) ​ ​ ​ ​ ​ 8,735 ​ ​ ​ ​ ​ (148) ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 41,447 ​ ​
2022
​ ​ ​ ​ 7,065 ​ ​ ​ ​ ​ (2,300) ​ ​ ​ ​ ​ 30,314 ​ ​ ​ ​ ​ 2,905 ​ ​ ​ ​ ​ (24,626) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 13,358 ​ ​
2021
​ ​ ​ ​ 79,801 ​ ​ ​ ​ ​ 12,476 ​ ​ ​ ​ ​ 37,471 ​ ​ ​ ​ ​ 12,936 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 142,684 ​ ​
2020
​ ​ ​ ​ 76,311 ​ ​ ​ ​ ​ 2,736 ​ ​ ​ ​ ​ 31,268 ​ ​ ​ ​ ​ (5,509) ​ ​ ​ ​ ​ (5,335) ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 99,471 ​ ​
     
Compensation Actually Paid vs. Total Shareholder Return
Description of Relationship Between PEO and Other NEO Compensation Actually Paid and Company Total Stockholder Return (“TSR”)
[MISSING IMAGE: bc_tsr-4c.jpg]
     
Compensation Actually Paid vs. Net Income
Description of Relationship Between PEO and Other NEO Compensation Actually Paid and Net Income
[MISSING IMAGE: bc_netincome-4c.jpg]
     
Compensation Actually Paid vs. Company Selected Measure
Description of Relationship Between PEO and Other NEO Compensation Actually Paid and Return on Tangible Book Value
[MISSING IMAGE: bc_tangible-4c.jpg]
     
Total Shareholder Return Vs Peer Group
Description of Relationship Between Company TSR and Peer Group TSR
[MISSING IMAGE: lc_kbw-4c.jpg]
     
Tabular List, Table
Pay vs. Performance Financial Performance Measures
We believe the financial performance measures shown below, all of which are performance objectives used in our executive compensation program, were the most important in linking compensation actually paid to our NEOs for 2023:
•
Return on Tangible Book Value
​
Asset Quality / Performance of Loan Portfolio
​
Loan-to-Deposit Ratio
     
Total Shareholder Return Amount $ 55.63 82.36 142.87 114.43
Peer Group Total Shareholder Return Amount 101.77 106.02 117.08 87.9
Net Income (Loss) $ (199,064,000) $ 110,512,000 $ 109,511,000 $ 84,369,000
Company Selected Measure Amount 1.9 13 16.9 15.5
PEO Name Scott F. Kavanaugh      
Measure:: 1        
Pay vs Performance Disclosure        
Name Return on Tangible Book Value      
Non-GAAP Measure Description
(7)
We determined Return on Tangible Book Value was the most important financial performance measure used to link Company performance to Compensation Actually Paid to our PEO and non- PEO NEOs in 2023. This performance measure may not have been the most important financial performance measure for years 2022 and 2021 and we may determine a different financial performance measure to be the most important financial performance measure in future years.
     
Measure:: 2        
Pay vs Performance Disclosure        
Name Asset Quality / Performance of Loan Portfolio      
Measure:: 3        
Pay vs Performance Disclosure        
Name Loan-to-Deposit Ratio      
PEO | Exclusion of Stock Awards [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount $ (342,000) $ (510,000) $ (435,000) $ (363,000)
PEO | Inclusion of Equity Values [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 376,512 264,981 453,626 381,850
PEO | Year-End Fair Value of Equity Awards Granted During the Year That Remained Unvested as of Last Day of Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 221,943 157,659 257,674 280,811
PEO | Change in Fair Value from Last Day of Year of Unvested EquityAwards Granted in Prior years [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (25,580) (54,577) 34,907 11,491
PEO | Change In Fair Value As Of Vesting Date Of Awards Vested During Current Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 172,732 145,006 121,000 108,671
PEO | Change In Fair Value As Of Vesting Date Of Prior Year Awards Vested During Current Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 7,417 16,893 40,045 (19,123)
PEO | Change In Fair Value Of Awards Granted In Prior Year Forfeited During Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount
PEO | Dividends Or Other Earnings Paid On Equity Awards Not Otherwise Reflected In Fair Value [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount
Non-PEO NEO | Exclusion of Stock Awards [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (37,328) (20,386) (137,000) (99,880)
Non-PEO NEO | Inclusion of Equity Values [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 41,447 13,358 142,684 99,471
Non-PEO NEO | Year-End Fair Value of Equity Awards Granted During the Year That Remained Unvested as of Last Day of Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 34,465 7,065 79,801 76,311
Non-PEO NEO | Change in Fair Value from Last Day of Year of Unvested EquityAwards Granted in Prior years [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (1,605) (2,300) 12,476 2,736
Non-PEO NEO | Change In Fair Value As Of Vesting Date Of Awards Vested During Current Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 8,735 30,314 37,471 31,268
Non-PEO NEO | Change In Fair Value As Of Vesting Date Of Prior Year Awards Vested During Current Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (148) 2,905 12,936 (5,509)
Non-PEO NEO | Change In Fair Value Of Awards Granted In Prior Year Forfeited During Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount $ (24,626) (5,335)
Non-PEO NEO | Dividends Or Other Earnings Paid On Equity Awards Not Otherwise Reflected In Fair Value [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount