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Pay vs Performance Disclosure - USD ($)
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Pay vs Performance Disclosure          
Pay vs Performance Disclosure, Table

Pay Versus Performance

Under the rules adopted pursuant to The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 and Item 402(v) of Regulation S-K, we are providing the following information about the relationship between executive “compensation actually paid” and certain financial performance metrics and TSR of the Company. As described in more detail in the section “Compensation Discussion and Analysis,” the Company’s executive compensation program reflects a variable pay-for-performance philosophy. While the Company utilizes several performance measures to align executive compensation with Company performance, all of those Company measures are not presented in the Pay versus Performance table below. Moreover, the Company generally seeks to incentivize long-term performance and, therefore, does not specifically align the Company’s performance measures with compensation that is actually paid (as computed in accordance with Item 402(v) of Regulation S-K) for a particular year. For further information concerning our variable pay-for-performance philosophy and how we align executive compensation with our performance, refer to the section “Compensation Discussion and Analysis.”

 

 

 

Summary Compensation Table Total

 

Summary Compensation Table Total

 

Compensation Actually Paid

 

Compensation Actually Paid

 

Average Summary Compensation Table Total

 

Average Compensation Actually Paid

 

Value of Initial Fixed $100 Investment Based On:

 

 

 

Company-Selected Measure

 

Year

 

for Current CEO(1)
($)

 

for Former CEO(1)
($)

 

to Current CEO(2)
($)

 

to Former CEO(2)
($)

 

for Non-CEO NEOs(3)
($)

 

to Non-CEO NEOs(4)
($)

 

TSR(5)
($)

 

Peer Group TSR(6)
($)

 

Net Income(7)
($)

 

Pre-Provision
Net Income(8)
($)

 

2025

 

 

587,252

 

 

4,824,409

 

 

593,454

 

 

7,489,937

 

 

1,385,278

 

 

1,914,090

 

 

154.49

 

 

194.46

 

 

44,412,000

 

 

60,862,000

 

2024

 

 

—

 

 

4,923,166

 

 

—

 

 

7,172,720

 

 

1,517,888

 

 

1,981,382

 

 

130.76

 

 

159.96

 

 

41,227,000

 

 

50,452,000

 

2023

 

 

—

 

 

5,291,817

 

 

—

 

 

4,175,812

 

 

1,730,622

 

 

1,452,684

 

 

92.39

 

 

128.26

 

 

15,958,000

 

 

36,439,000

 

2022

 

 

—

 

 

4,915,677

 

 

—

 

 

366,271

 

 

1,559,523

 

 

344,948

 

 

98.94

 

 

109.44

 

 

51,224,000

 

 

66,516,000

 

2021

 

 

—

 

 

3,726,285

 

 

—

 

 

8,203,368

 

 

1,425,961

 

 

2,703,198

 

 

196.35

 

 

125.39

 

 

88,687,000

 

 

96,020,000

 

__________

(1)
The dollar amounts reported are the amounts of total compensation reported for each corresponding year in the “Total” column of the Summary Compensation Table. Mr. Beck served as our President and Chief Executive Officer until his resignation effective as of November 10, 2025, at which time he became a Senior Advisor to the Company. Mr. Lamba was appointed as our President and Chief Executive Officer effective as of November 10, 2025.
(2)
The dollar amounts reported represent the amount of “compensation actually paid” to Mr. Lamba (current CEO) and Mr. Beck (former CEO), as applicable, as computed in accordance with Item 402(v) of Regulation S-K. The dollar amounts do not reflect the actual amount of compensation earned by or paid to Mr. Lamba or Mr. Beck during the applicable year. The following adjustments were made to Mr. Lamba’s and Mr. Beck’s total compensation, respectively, for each year to determine the compensation actually paid:

 

Year

 

Reported Summary Compensation Table Total for Current CEO
($)

 

Less: Reported Value of Equity Awards(a)
($)

 

Add: Equity Award Adjustments(b)
($)

 

Compensation Actually Paid to Current CEO
($)

2025

 

587,252

 

349,973

 

356,175

 

593,454

2024

 

N/A

 

N/A

 

N/A

 

N/A

2023

 

N/A

 

N/A

 

N/A

 

N/A

2022

 

N/A

 

N/A

 

N/A

 

N/A

2021

 

N/A

 

N/A

 

N/A

 

N/A

 

Year

 

Reported Summary Compensation Table Total for Former CEO
($)

 

 

Less: Reported Value of Equity Awards(a)
($)

 

 

Add: Equity Award Adjustments(b)
($)

 

 

Compensation Actually Paid to Former CEO
($)

 

2025

 

 

4,824,409

 

 

 

2,999,995

 

 

 

5,665,523

 

 

 

7,489,937

 

2024

 

 

4,923,166

 

 

 

2,999,984

 

 

 

5,249,538

 

 

 

7,172,720

 

2023

 

 

5,291,817

 

 

 

2,999,987

 

 

 

1,883,982

 

 

 

4,175,812

 

2022

 

 

4,915,677

 

 

 

2,999,974

 

 

 

(1,549,432

)

 

 

366,271

 

2021

 

 

3,726,285

 

 

 

1,679,946

 

 

 

6,157,029

 

 

 

8,203,368

 

__________

(a)
The grant date fair value of equity awards represents the total of the amounts reported in the “Stock Awards” and “Option Awards” columns in the Summary Compensation Table for the applicable year.
(b)
The equity award adjustments for each applicable year include the addition (or subtraction, as applicable) of the following: (i) the year-end fair value of any equity awards granted in the applicable year that are outstanding and unvested as of the year-end; (ii) the amount of change as of the end of the applicable year (from the end of the prior fiscal year) in fair value of any awards granted in prior years that are outstanding and unvested as of the end of the applicable year; (iii) for awards that are granted and vest in the same applicable year, the fair value as of the vesting date; (iv) for awards granted in prior years that vest in the applicable year, the amount equal to the change as of the vesting date (from the end of the prior fiscal year) in fair value; (v) for awards granted in prior years that are determined to fail to meet the applicable vesting conditions during the applicable year, a deduction for the amount equal to the fair value at the end of the prior fiscal year; and (vi) the dollar value of any dividends or other earnings paid on stock or option awards in the applicable year prior to the vesting date that are not otherwise reflected in the fair value of such award or included in any other component of total compensation for the applicable year (any such dividends are accrued but not paid unless and until the applicable award (or portion thereof) vests). The valuation assumptions used to calculate fair values did not materially differ from those disclosed at the time of grant. The amounts deducted or added in calculating the equity award adjustments for Mr. Lamba are as follows:

 

Year

 

Year End Fair Value of Equity Awards Granted in the Year
($)

 

Year 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 Year
($)

 

Year over Year Change in Fair Value of Equity Awards Granted in Prior Years that Vested in the Year
($)

 

Fair Value at the End of the Prior Year of Equity Awards that Failed to Meet Vesting Conditions in the Year
($)

 

Value of Dividends or other Earnings Paid on Stock or Option Awards not Otherwise Reflected in Fair Value or Total Compensation
($)

 

Total Equity Award Adjustments
($)

2025

 

353,439

 

—

 

—

 

—

 

—

 

2,736

 

356,175

2024

 

N/A

 

N/A

 

N/A

 

N/A

 

N/A

 

N/A

 

N/A

2023

 

N/A

 

N/A

 

N/A

 

N/A

 

N/A

 

N/A

 

N/A

2022

 

N/A

 

N/A

 

N/A

 

N/A

 

N/A

 

N/A

 

N/A

2021

 

N/A

 

N/A

 

N/A

 

N/A

 

N/A

 

N/A

 

N/A

 

The amounts deducted or added in calculating the equity award adjustments for Mr. Beck are as follows:

 

Year

 

Year End Fair Value of Equity Awards Granted in the Year
($)

 

 

Year 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 Year
($)

 

 

Year over Year Change in Fair Value of Equity Awards Granted in Prior Years that Vested in the Year
($)

 

 

Fair Value at the End of the Prior Year of Equity Awards that Failed to Meet Vesting Conditions in the Year
($)

 

 

Value of Dividends or other Earnings Paid on Stock or Option Awards not Otherwise Reflected in Fair Value or Total Compensation
($)

 

 

Total Equity Award Adjustments
($)

 

2025

 

 

3,536,750

 

 

 

1,082,875

 

 

 

651,465

 

 

 

162,724

 

 

 

—

 

 

 

231,709

 

 

 

5,665,523

 

2024

 

 

3,198,286

 

 

 

786,091

 

 

 

602,465

 

 

 

608,303

 

 

 

—

 

 

 

54,393

 

 

 

5,249,538

 

2023

 

 

1,907,875

 

 

 

(210,041

)

 

 

410,861

 

 

 

(233,257

)

 

 

—

 

 

 

8,544

 

 

 

1,883,982

 

2022

 

 

965,224

 

 

 

(1,134,964

)

 

 

267,265

 

 

 

(1,780,084

)

 

 

—

 

 

 

133,126

 

 

 

(1,549,432

)

2021

 

 

2,860,183

 

 

 

1,429,691

 

 

 

842,850

 

 

 

963,945

 

 

 

—

 

 

 

60,359

 

 

 

6,157,029

 
(3)
The dollar amounts reported represent the average of the amounts reported for the Company’s NEOs as a group (excluding Mr. Lamba, who has served as our CEO since November 10, 2025, and Mr. Beck, who served as our CEO until his resignation effective as of November 10, 2025) in the “Total” column of the Summary Compensation Table in each applicable year. The NEOs (excluding Mr. Lamba and Mr. Beck, as applicable) included for purposes of calculating the average amounts in each applicable year are as follows: (i) for 2025 and 2024, Harpreet Rana, Brian J. Fisher, Manish Parmar, and Catherine R. Atwood and (ii) for 2023, 2022, and 2021, Harpreet Rana, John D. Schachtel, Brian J. Fisher, and Manish Parmar.
(4)
The dollar amounts reported represent the average amount of “compensation actually paid” to the NEOs as a group (excluding Mr. Lamba and Mr. Beck, as applicable), as computed in accordance with Item 402(v) of Regulation S-K. The dollar amounts do not reflect the actual average amount of compensation earned by or paid to the NEOs as a group (excluding Mr. Lamba and Mr. Beck, as applicable) during the applicable year. In accordance with the requirements of Item 402(v) of Regulation S-K, the following adjustments were made to average total compensation for the NEOs as a group (excluding Mr. Lamba and Mr. Beck, as applicable) for each year to determine the compensation actually paid, using the same methodology described above in footnote 2:

 

Year

 

Average Reported Summary Compensation Table Total for Non-CEO NEOs
($)

 

 

Less: Average Reported Value of Equity Awards(a)
($)

 

 

Add: Average Equity Award Adjustments(b)
($)

 

 

Average Compensation Actually Paid to Non-CEO NEOs
($)

 

2025

 

 

1,385,278

 

 

 

553,729

 

 

 

1,082,541

 

 

 

1,914,090

 

2024

 

 

1,517,888

 

 

 

633,477

 

 

 

1,096,971

 

 

 

1,981,382

 

2023

 

 

1,730,622

 

 

 

733,715

 

 

 

455,778

 

 

 

1,452,684

 

2022

 

 

1,559,523

 

 

 

711,188

 

 

 

(503,387

)

 

 

344,948

 

2021

 

 

1,425,961

 

 

 

373,407

 

 

 

1,650,643

 

 

 

2,703,198

 

 

The amounts deducted or added in calculating the total average equity award adjustments noted above are as follows:

 

Year

 

Average Year End Fair Value of Equity Awards Granted in the Year
($)

 

 

Year over Year Average Change in Fair Value of Outstanding and Unvested Equity Awards
($)

 

 

Average Fair Value as of Vesting Date of Equity Awards Granted and Vested in the Year
($)

 

 

Year over Year Average Change in Fair Value of Equity Awards Granted in Prior Years that Vested in the Year
($)

 

 

Average Fair Value at the End of the Prior Year of Equity Awards that Failed to Meet Vesting Conditions in the Year
($)

 

 

Average Value of Dividends or other Earnings Paid on Stock or Option Awards not Otherwise Reflected in Fair Value or Total Compensation
($)

 

 

Total Average Equity Award Adjustments
($)

 

2025

 

 

652,815

 

 

 

228,659

 

 

 

120,232

 

 

 

34,360

 

 

 

—

 

 

 

46,476

 

 

 

1,082,541

 

2024

 

 

675,354

 

 

 

165,988

 

 

 

127,213

 

 

 

122,986

 

 

 

—

 

 

 

5,430

 

 

 

1,096,971

 

2023

 

 

466,610

 

 

 

(49,795

)

 

 

100,489

 

 

 

(61,659

)

 

 

—

 

 

 

132

 

 

 

455,778

 

2022

 

 

228,822

 

 

 

(333,259

)

 

 

63,356

 

 

 

(493,920

)

 

 

—

 

 

 

31,614

 

 

 

(503,387

)

2021

 

 

644,027

 

 

 

528,887

 

 

 

166,476

 

 

 

293,032

 

 

 

—

 

 

 

18,221

 

 

 

1,650,643

 

 

(5)
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 stock price at the end and the beginning of the measurement period by the Company’s stock price at the beginning of the measurement period.
(6)
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 Company utilized the NYSE Financial Index for the peer group. This index has been utilized historically in our Annual Reports on Form 10-K in connection with the required performance graph.
(7)
The dollar amounts reported represent the amount of net income reflected in the Company’s audited financial statements for the applicable year.
(8)
Pre-provision net income is defined as net income excluding the tax-effected impact of the provision for credit losses but including the impact of recognized net credit losses. This metric has been adjusted for certain non-operating restructuring expenses incurred in 2023, as well as non-performing loan sales transacted in 2022 and 2023.
        
Company Selected Measure Name Pre-Provision Net Income        
Named Executive Officers, Footnote
(1)
The dollar amounts reported are the amounts of total compensation reported for each corresponding year in the “Total” column of the Summary Compensation Table. Mr. Beck served as our President and Chief Executive Officer until his resignation effective as of November 10, 2025, at which time he became a Senior Advisor to the Company. Mr. Lamba was appointed as our President and Chief Executive Officer effective as of November 10, 2025.
(3)
The dollar amounts reported represent the average of the amounts reported for the Company’s NEOs as a group (excluding Mr. Lamba, who has served as our CEO since November 10, 2025, and Mr. Beck, who served as our CEO until his resignation effective as of November 10, 2025) in the “Total” column of the Summary Compensation Table in each applicable year. The NEOs (excluding Mr. Lamba and Mr. Beck, as applicable) included for purposes of calculating the average amounts in each applicable year are as follows: (i) for 2025 and 2024, Harpreet Rana, Brian J. Fisher, Manish Parmar, and Catherine R. Atwood and (ii) for 2023, 2022, and 2021, Harpreet Rana, John D. Schachtel, Brian J. Fisher, and Manish Parmar.
        
Peer Group Issuers, Footnote
(6)
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 Company utilized the NYSE Financial Index for the peer group. This index has been utilized historically in our Annual Reports on Form 10-K in connection with the required performance graph.
        
Adjustment To PEO Compensation, Footnote The following adjustments were made to Mr. Lamba’s and Mr. Beck’s total compensation, respectively, for each year to determine the compensation actually paid:

 

Year

 

Reported Summary Compensation Table Total for Current CEO
($)

 

Less: Reported Value of Equity Awards(a)
($)

 

Add: Equity Award Adjustments(b)
($)

 

Compensation Actually Paid to Current CEO
($)

2025

 

587,252

 

349,973

 

356,175

 

593,454

2024

 

N/A

 

N/A

 

N/A

 

N/A

2023

 

N/A

 

N/A

 

N/A

 

N/A

2022

 

N/A

 

N/A

 

N/A

 

N/A

2021

 

N/A

 

N/A

 

N/A

 

N/A

 

Year

 

Reported Summary Compensation Table Total for Former CEO
($)

 

 

Less: Reported Value of Equity Awards(a)
($)

 

 

Add: Equity Award Adjustments(b)
($)

 

 

Compensation Actually Paid to Former CEO
($)

 

2025

 

 

4,824,409

 

 

 

2,999,995

 

 

 

5,665,523

 

 

 

7,489,937

 

2024

 

 

4,923,166

 

 

 

2,999,984

 

 

 

5,249,538

 

 

 

7,172,720

 

2023

 

 

5,291,817

 

 

 

2,999,987

 

 

 

1,883,982

 

 

 

4,175,812

 

2022

 

 

4,915,677

 

 

 

2,999,974

 

 

 

(1,549,432

)

 

 

366,271

 

2021

 

 

3,726,285

 

 

 

1,679,946

 

 

 

6,157,029

 

 

 

8,203,368

 

__________

(a)
The grant date fair value of equity awards represents the total of the amounts reported in the “Stock Awards” and “Option Awards” columns in the Summary Compensation Table for the applicable year.
(b)
The equity award adjustments for each applicable year include the addition (or subtraction, as applicable) of the following: (i) the year-end fair value of any equity awards granted in the applicable year that are outstanding and unvested as of the year-end; (ii) the amount of change as of the end of the applicable year (from the end of the prior fiscal year) in fair value of any awards granted in prior years that are outstanding and unvested as of the end of the applicable year; (iii) for awards that are granted and vest in the same applicable year, the fair value as of the vesting date; (iv) for awards granted in prior years that vest in the applicable year, the amount equal to the change as of the vesting date (from the end of the prior fiscal year) in fair value; (v) for awards granted in prior years that are determined to fail to meet the applicable vesting conditions during the applicable year, a deduction for the amount equal to the fair value at the end of the prior fiscal year; and (vi) the dollar value of any dividends or other earnings paid on stock or option awards in the applicable year prior to the vesting date that are not otherwise reflected in the fair value of such award or included in any other component of total compensation for the applicable year (any such dividends are accrued but not paid unless and until the applicable award (or portion thereof) vests). The valuation assumptions used to calculate fair values did not materially differ from those disclosed at the time of grant. The amounts deducted or added in calculating the equity award adjustments for Mr. Lamba are as follows:

 

Year

 

Year End Fair Value of Equity Awards Granted in the Year
($)

 

Year 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 Year
($)

 

Year over Year Change in Fair Value of Equity Awards Granted in Prior Years that Vested in the Year
($)

 

Fair Value at the End of the Prior Year of Equity Awards that Failed to Meet Vesting Conditions in the Year
($)

 

Value of Dividends or other Earnings Paid on Stock or Option Awards not Otherwise Reflected in Fair Value or Total Compensation
($)

 

Total Equity Award Adjustments
($)

2025

 

353,439

 

—

 

—

 

—

 

—

 

2,736

 

356,175

2024

 

N/A

 

N/A

 

N/A

 

N/A

 

N/A

 

N/A

 

N/A

2023

 

N/A

 

N/A

 

N/A

 

N/A

 

N/A

 

N/A

 

N/A

2022

 

N/A

 

N/A

 

N/A

 

N/A

 

N/A

 

N/A

 

N/A

2021

 

N/A

 

N/A

 

N/A

 

N/A

 

N/A

 

N/A

 

N/A

 

The amounts deducted or added in calculating the equity award adjustments for Mr. Beck are as follows:

 

Year

 

Year End Fair Value of Equity Awards Granted in the Year
($)

 

 

Year 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 Year
($)

 

 

Year over Year Change in Fair Value of Equity Awards Granted in Prior Years that Vested in the Year
($)

 

 

Fair Value at the End of the Prior Year of Equity Awards that Failed to Meet Vesting Conditions in the Year
($)

 

 

Value of Dividends or other Earnings Paid on Stock or Option Awards not Otherwise Reflected in Fair Value or Total Compensation
($)

 

 

Total Equity Award Adjustments
($)

 

2025

 

 

3,536,750

 

 

 

1,082,875

 

 

 

651,465

 

 

 

162,724

 

 

 

—

 

 

 

231,709

 

 

 

5,665,523

 

2024

 

 

3,198,286

 

 

 

786,091

 

 

 

602,465

 

 

 

608,303

 

 

 

—

 

 

 

54,393

 

 

 

5,249,538

 

2023

 

 

1,907,875

 

 

 

(210,041

)

 

 

410,861

 

 

 

(233,257

)

 

 

—

 

 

 

8,544

 

 

 

1,883,982

 

2022

 

 

965,224

 

 

 

(1,134,964

)

 

 

267,265

 

 

 

(1,780,084

)

 

 

—

 

 

 

133,126

 

 

 

(1,549,432

)

2021

 

 

2,860,183

 

 

 

1,429,691

 

 

 

842,850

 

 

 

963,945

 

 

 

—

 

 

 

60,359

 

 

 

6,157,029

 
       
Non-PEO NEO Average Total Compensation Amount $ 1,385,278 $ 1,517,888 $ 1,730,622 $ 1,559,523 $ 1,425,961
Non-PEO NEO Average Compensation Actually Paid Amount $ 1,914,090 1,981,382 1,452,684 344,948 2,703,198
Adjustment to Non-PEO NEO Compensation Footnote
(4)
The dollar amounts reported represent the average amount of “compensation actually paid” to the NEOs as a group (excluding Mr. Lamba and Mr. Beck, as applicable), as computed in accordance with Item 402(v) of Regulation S-K. The dollar amounts do not reflect the actual average amount of compensation earned by or paid to the NEOs as a group (excluding Mr. Lamba and Mr. Beck, as applicable) during the applicable year. In accordance with the requirements of Item 402(v) of Regulation S-K, the following adjustments were made to average total compensation for the NEOs as a group (excluding Mr. Lamba and Mr. Beck, as applicable) for each year to determine the compensation actually paid, using the same methodology described above in footnote 2:

 

Year

 

Average Reported Summary Compensation Table Total for Non-CEO NEOs
($)

 

 

Less: Average Reported Value of Equity Awards(a)
($)

 

 

Add: Average Equity Award Adjustments(b)
($)

 

 

Average Compensation Actually Paid to Non-CEO NEOs
($)

 

2025

 

 

1,385,278

 

 

 

553,729

 

 

 

1,082,541

 

 

 

1,914,090

 

2024

 

 

1,517,888

 

 

 

633,477

 

 

 

1,096,971

 

 

 

1,981,382

 

2023

 

 

1,730,622

 

 

 

733,715

 

 

 

455,778

 

 

 

1,452,684

 

2022

 

 

1,559,523

 

 

 

711,188

 

 

 

(503,387

)

 

 

344,948

 

2021

 

 

1,425,961

 

 

 

373,407

 

 

 

1,650,643

 

 

 

2,703,198

 

 

The amounts deducted or added in calculating the total average equity award adjustments noted above are as follows:

 

Year

 

Average Year End Fair Value of Equity Awards Granted in the Year
($)

 

 

Year over Year Average Change in Fair Value of Outstanding and Unvested Equity Awards
($)

 

 

Average Fair Value as of Vesting Date of Equity Awards Granted and Vested in the Year
($)

 

 

Year over Year Average Change in Fair Value of Equity Awards Granted in Prior Years that Vested in the Year
($)

 

 

Average Fair Value at the End of the Prior Year of Equity Awards that Failed to Meet Vesting Conditions in the Year
($)

 

 

Average Value of Dividends or other Earnings Paid on Stock or Option Awards not Otherwise Reflected in Fair Value or Total Compensation
($)

 

 

Total Average Equity Award Adjustments
($)

 

2025

 

 

652,815

 

 

 

228,659

 

 

 

120,232

 

 

 

34,360

 

 

 

—

 

 

 

46,476

 

 

 

1,082,541

 

2024

 

 

675,354

 

 

 

165,988

 

 

 

127,213

 

 

 

122,986

 

 

 

—

 

 

 

5,430

 

 

 

1,096,971

 

2023

 

 

466,610

 

 

 

(49,795

)

 

 

100,489

 

 

 

(61,659

)

 

 

—

 

 

 

132

 

 

 

455,778

 

2022

 

 

228,822

 

 

 

(333,259

)

 

 

63,356

 

 

 

(493,920

)

 

 

—

 

 

 

31,614

 

 

 

(503,387

)

2021

 

 

644,027

 

 

 

528,887

 

 

 

166,476

 

 

 

293,032

 

 

 

—

 

 

 

18,221

 

 

 

1,650,643

 

 

        
Compensation Actually Paid vs. Total Shareholder Return

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Compensation Actually Paid vs. Net Income

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Compensation Actually Paid vs. Company Selected Measure

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Total Shareholder Return Vs Peer Group

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Tabular List, Table

The most important financial performance measures used by the Company to link executive compensation actually paid to the Company’s NEOs, for the most recently completed fiscal year, to the Company’s performance are as follows:

•
Pre-provision net income
•
Pre-provision return on assets
•
Total shareholder return
        
Total Shareholder Return Amount $ 154.49 130.76 92.39 98.94 196.35
Peer Group Total Shareholder Return Amount 194.46 159.96 128.26 109.44 125.39
Net Income (Loss) $ 44,412,000 $ 41,227,000 $ 15,958,000 $ 51,224,000 $ 88,687,000
Company Selected Measure Amount 60,862,000 50,452,000 36,439,000 66,516,000 96,020,000
PEO Name Mr. Lamba Mr. Beck Mr. Beck Mr. Beck Mr. Beck
Measure:: 1          
Pay vs Performance Disclosure          
Name Pre-provision net income        
Measure:: 2          
Pay vs Performance Disclosure          
Name Pre-provision return on assets        
Measure:: 3          
Pay vs Performance Disclosure          
Name Total shareholder return        
Beck [Member]          
Pay vs Performance Disclosure          
PEO Total Compensation Amount $ 4,824,409 $ 4,923,166 $ 5,291,817 $ 4,915,677 $ 3,726,285
PEO Actually Paid Compensation Amount 7,489,937 7,172,720 4,175,812 366,271 8,203,368
Lamba [Member]          
Pay vs Performance Disclosure          
PEO Total Compensation Amount 587,252        
PEO Actually Paid Compensation Amount 593,454        
PEO | Beck [Member] | Equity Awards Adjustments          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 5,665,523 5,249,538 1,883,982 (1,549,432) 6,157,029
PEO | Beck [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 3,536,750 3,198,286 1,907,875 965,224 2,860,183
PEO | Beck [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 1,082,875 786,091 (210,041) (1,134,964) 1,429,691
PEO | Beck [Member] | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 651,465 602,465 410,861 267,265 842,850
PEO | Beck [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 162,724 608,303 (233,257) (1,780,084) 963,945
PEO | Beck [Member] | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 231,709 54,393 8,544 133,126 60,359
PEO | Beck [Member] | Reported Value Of Equity Awards [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (2,999,995) (2,999,984) (2,999,987) (2,999,974) (1,679,946)
PEO | Lamba [Member] | Equity Awards Adjustments          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 356,175        
PEO | Lamba [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 353,439        
PEO | Lamba [Member] | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 2,736        
PEO | Lamba [Member] | Reported Value Of Equity Awards [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (349,973)        
Non-PEO NEO | Equity Awards Adjustments          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 1,082,541 1,096,971 455,778 (503,387) 1,650,643
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 652,815 675,354 466,610 228,822 644,027
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 228,659 165,988 (49,795) (333,259) 528,887
Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 120,232 127,213 100,489 63,356 166,476
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 34,360 122,986 (61,659) (493,920) 293,032
Non-PEO NEO | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 46,476 5,430 132 31,614 18,221
Non-PEO NEO | Reported Value Of Equity Awards [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ (553,729) $ (633,477) $ (733,715) $ (711,188) $ (373,407)