v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
[1]
Assets    
Cash and due from banks $ 19,642 $ 15,844
Interest-earning demand accounts 63,573 196,358
Cash and cash equivalents 83,215 212,202
Securities purchased under agreements to resell 1,511 1,520
Mortgage loans in process of securitization 437,001 620,094
Securities available for sale (includes $550,207 and $571,314 at fair value) 843,896 865,058
Securities held to maturity (fair value of $1,426,444 and $1,543,554) 1,425,982 1,543,659
Federal Home Loan Bank (FHLB) stock and other equity securities 227,589 227,589
Loans held for sale (includes $163,426 and $76,980 at fair value) 4,709,688 3,873,012
Loans receivable (includes $46,427 and $47,318 at fair value), net of allowance for credit losses on loans of $76,831 and $83,301 11,399,882 10,951,381
Premises and equipment, net 73,695 73,929
Servicing rights 229,576 217,296
Interest receivable 77,326 81,807
Goodwill 8,014 8,014
Other real estate owned 60,226 60,145
Other assets and receivables 744,181 713,237
Total assets 20,321,782 19,448,943
Deposits    
Noninterest-bearing 501,864 604,081
Interest-bearing 12,449,889 12,437,111
Total deposits 12,951,753 13,041,192
Borrowings 4,773,490 3,842,592
Deferred and current tax liabilities, net 46,403 33,900
Other liabilities 219,833 250,500
Total liabilities 17,991,479 17,168,184
Commitments and Contingencies
Shareholders' Equity    
Common stock, without par value Authorized - 75,000,000 shares Issued and outstanding - 45,935,408 and 45,893,172 shares 243,433 243,310
Retained earnings 1,536,383 1,486,191
Accumulated other comprehensive loss (804) (33)
Total shareholders' equity 2,330,303 2,280,759
Total liabilities and shareholders' equity 20,321,782 19,448,943
6% Series C Preferred Stock    
Shareholders' Equity    
Preferred stock 191,084 191,084
8.25% Series D Preferred Stock    
Shareholders' Equity    
Preferred stock 137,459 137,459
7.625% Series E Preferred Stock    
Shareholders' Equity    
Preferred stock $ 222,748 $ 222,748
[1] Derived from audited consolidated financial statements.