Loans and Allowance for Credit Losses on Loans (Tables)
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6 Months Ended |
Jun. 30, 2026 |
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| Loans and Allowance for Credit Losses on Loans |
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| Schedule of loans |
| | | | | | | | | June 30, | | December 31, | | | 2026 | | 2025 | | | | (In thousands) | Mortgage warehouse repurchase agreements(1) | | $ | 2,168,175 | | $ | 1,600,285 | Residential real estate(2) | | | 1,078,358 | | | 1,018,780 | Multi-family financing | | | 5,855,477 | | | 5,332,680 | Healthcare financing | | | 1,303,597 | | | 1,385,359 | Commercial and commercial real estate(1)(3)(4) | | | 1,837,427 | | | 1,603,551 | Agricultural production and real estate | | | 91,609 | | | 92,077 | Consumer and margin loans | | | 3,960 | | | 1,950 | Loans Receivable | | | 12,338,603 | | | 11,034,682 | Less: | | | | | | | ACL-Loans | | | 75,803 | | | 83,301 | | | | | | | | Loans Receivable, net | | $ | 12,262,800 | | $ | 10,951,381 |
| (1) | The warehouse portfolio is exclusively made up of loans to residential and multi-family mortgage bankers that are funding agency-eligible mortgages and commercial loans, which represent all of the Company’s loans to non-depository institutions. |
| (2) | Includes $0.8 billion and $0.8 billion of All-in-One© first-lien home equity lines of credit at June 30, 2026 and December 31, 2025, respectively. |
| (3) | Includes $1.2 billion and $0.9 billion of revolving lines of credit collateralized primarily by single-family mortgage servicing rights as of June 30, 2026 and December 31, 2025, respectively. |
| (4) | Includes only $19.0 million and $19.5 million of non-owner occupied commercial real estate as of June 30, 2026 and December 31, 2025, respectively. |
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| Schedule of allowance for credit loss on loan methodology by loan portfolio segment |
| | | Loan Portfolio Segment | | ACL-Loans Methodology | | | | Mortgage warehouse repurchase agreements | | Remaining Life Method | Residential real estate loans | | Discounted Cash Flow | Multi-family financing | | Discounted Cash Flow | Healthcare financing | | Discounted Cash Flow | Commercial and commercial real estate | | Discounted Cash Flow | Agricultural production and real estate | | Remaining Life Method | Consumer and margin loans | | Remaining Life Method |
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| Schedule of the activity in the ACL-Loans by portfolio segment |
| | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, 2026 | | | MTG WHRA | | RES RE | | MF FIN | | HC FIN | | CML & CRE | | AG & AGRE | | CON & MAR | | TOTAL | | | | (In thousands) | ACL-Loans | | | | | | | | | | | | | | | | | | | | | | | | | Balance, beginning of period | | $ | 3,821 | | $ | 3,307 | | $ | 52,805 | | $ | 5,681 | | $ | 10,701 | | $ | 470 | | $ | 46 | | $ | 76,831 | Provision for credit losses | | | 583 | | | 616 | | | 9,361 | | | (919) | | | 1,053 | | | 5 | | | 16 | | | 10,715 | Loans charged to the allowance | | | — | | | (217) | | | (15,717) | | | — | | | (598) | | | — | | | — | | | (16,532) | Recoveries of loans previously charged-off | | | — | | | — | | | 2,338 | | | 2,451 | | | — | | | — | | | — | | | 4,789 | Balance, end of period | | $ | 4,404 | | $ | 3,706 | | $ | 48,787 | | $ | 7,213 | | $ | 11,156 | | $ | 475 | | $ | 62 | | $ | 75,803 |
| | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, 2025 | | | MTG WHRA | | RES RE | | MF FIN | | HC FIN | | CML & CRE | | AG & AGRE | | CON & MAR | | TOTAL | | | | (In thousands) | ACL-Loans | | | | | | | | | | | | | | | | | | | | | | | | | Balance, beginning of period | | $ | 3,747 | | $ | 6,145 | | $ | 53,416 | | $ | 9,127 | | $ | 10,295 | | $ | 608 | | $ | 75 | | $ | 83,413 | Provision for credit losses | | | 1,167 | | | (1,634) | | | 48,364 | | | 4,714 | | | 1,822 | | | 29 | | | (1) | | | 54,461 | Loans charged to the allowance | | | — | | | — | | | (38,309) | | | (7,497) | | | (257) | | | — | | | — | | | (46,063) | Recoveries of loans previously charged-off | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | Balance, end of period | | $ | 4,914 | | $ | 4,511 | | $ | 63,471 | | $ | 6,344 | | $ | 11,860 | | $ | 637 | | $ | 74 | | $ | 91,811 |
| | | | | | | | | | | | | | | | | | | | | | | | | | | Six Months Ended June 30, 2026 | | | MTG WHRA | | RES RE | | MF FIN | | HC FIN | | CML & CRE | | AG & AGRE | | CON & MAR | | TOTAL | | | | (In thousands) | ACL-Loans | | | | | | | | | | | | | | | | | | | | | | | | | Balance, beginning of period | | $ | 4,269 | | $ | 4,672 | | $ | 43,041 | | $ | 18,595 | | $ | 11,998 | | $ | 697 | | $ | 29 | | $ | 83,301 | Provision for credit losses | | | 135 | | | (513) | | | 28,988 | | | (1,566) | | | (247) | | | (222) | | | 33 | | | 26,608 | Loans charged to the allowance | | | — | | | (453) | | | (26,193) | | | (12,267) | | | (598) | | | — | | | — | | | (39,511) | Recoveries of loans previously charged-off | | | — | | | — | | | 2,951 | | | 2,451 | | | 3 | | | — | | | — | | | 5,405 | Balance, end of period | | $ | 4,404 | | $ | 3,706 | | $ | 48,787 | | $ | 7,213 | | $ | 11,156 | | $ | 475 | | $ | 62 | | $ | 75,803 |
| | | | | | | | | | | | | | | | | | | | | | | | | | | Six Months Ended June 30, 2025 | | | MTG WHRA | | RES RE | | MF FIN | | HC FIN | | CML & CRE | | AG & AGRE | | CON & MAR | | TOTAL | | | | (In thousands) | ACL-Loans | | | | | | | | | | | | | | | | | | | | | | | | | Balance, beginning of period | | $ | 3,816 | | $ | 5,942 | | $ | 55,126 | | $ | 8,562 | | $ | 10,293 | | $ | 539 | | $ | 108 | | $ | 84,386 | Provision for credit losses | | | 1,098 | | | (1,431) | | | 57,048 | | | 5,279 | | | 1,909 | | | 98 | | | (34) | | | 63,967 | Loans charged to the allowance | | | — | | | — | | | (48,703) | | | (7,497) | | | (370) | | | — | | | — | | | (56,570) | Recoveries of loans previously charged-off | | | — | | | — | | | — | | | — | | | 28 | | | — | | | — | | | 28 | Balance, end of period | | $ | 4,914 | | $ | 4,511 | | $ | 63,471 | | $ | 6,344 | | $ | 11,860 | | $ | 637 | | $ | 74 | | $ | 91,811 |
| | | | | | | | | | | | | | | | | | | | | | | | | | | Year Ended December 31, 2025 | | | MTG WHRA | | RES RE | | MF FIN | | HC FIN | | CML & CRE | | AG & AGRE | | CON & MAR | | TOTAL | | | | (In thousands) | ACL-Loans | | | | | | | | | | | | | | | | | | | | | | | | | Balance, beginning of period | | $ | 3,816 | | $ | 5,942 | | $ | 55,126 | | $ | 8,562 | | $ | 10,293 | | $ | 539 | | $ | 108 | | $ | 84,386 | Provision for credit losses | | | 453 | | | (1,270) | | | 102,147 | | | 17,530 | | | 3,965 | | | 158 | | | (79) | | | 122,904 | Loans charged to the allowance | | | — | | | — | | | (114,281) | | | (7,497) | | | (2,338) | | | — | | | — | | | (124,116) | Recoveries of loans previously charged-off | | | — | | | — | | | 49 | | | — | | | 78 | | | — | | | — | | | 127 | Balance, end of period | | $ | 4,269 | | $ | 4,672 | | $ | 43,041 | | $ | 18,595 | | $ | 11,998 | | $ | 697 | | $ | 29 | | $ | 83,301 |
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| Schedule of allowance for credit loss allocated to collateral dependent loans |
| | | | | | | | | | | | | | | | | | June 30, 2026 | | | Real Estate | | Accounts Receivable / Equipment | | Other | | Total | | ACL-Loans Allocation | | | | (In thousands) | RES RE | | $ | 4,174 | | $ | — | | $ | — | | $ | 4,174 | | $ | 16 | MF FIN | | | 178,312 | | | — | | | — | | | 178,312 | | | 4,689 | HC FIN | | | 45,200 | | | — | | | — | | | 45,200 | | | 882 | CML & CRE | | | 1,715 | | | — | | | 361 | | | 2,076 | | | 52 | AG & AGRE | | | 181 | | | — | | | — | | | 181 | | | 1 | Total collateral dependent loans | | $ | 229,582 | | $ | — | | $ | 361 | | $ | 229,943 | | $ | 5,640 |
| | | | | | | | | | | | | | | | | | December 31, 2025 | | | Real Estate | | Accounts Receivable / Equipment | | Other | | Total | | ACL-Loans Allocation | | | | (In thousands) | RES RE | | $ | 7,681 | | $ | — | | $ | — | | $ | 7,681 | | $ | 39 | MF FIN | | | 213,289 | | | — | | | — | | | 213,289 | | | 5,618 | HC FIN | | | 72,825 | | | — | | | — | | | 72,825 | | | 12,515 | CML & CRE | | | 8,725 | | | — | | | 566 | | | 9,291 | | | 270 | AG & AGRE | | | 181 | | | 4 | | | — | | | 185 | | | 2 | Total collateral dependent loans | | $ | 302,701 | | $ | 4 | | $ | 566 | | $ | 303,271 | | $ | 18,444 |
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| Schedule of credit risk profile of loan portfolio |
| | | | | | | | | | | | | | | | | | | | | | | | | | | June 30, 2026 | | | 2026 | | 2025 | | 2024 | | 2023 | | 2022 | | Prior | | Revolving Loans | | TOTAL | | | | (In thousands) | MTG WHRA | | | | | | | | | | | | | | | | | | | | | | | | | Pass | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | 2,168,175 | | $ | 2,168,175 | Total | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | 2,168,175 | | $ | 2,168,175 | RES RE | | | | | | | | | | | | | | | | | | | | | | | | | Pass | | $ | 28,067 | | $ | 72,619 | | $ | 30,662 | | $ | 16,309 | | $ | 6,271 | | $ | 24,274 | | $ | 895,982 | | $ | 1,074,184 | Substandard | | | — | | | — | | | 140 | | | 436 | | | — | | | — | | | 3,598 | | | 4,174 | Total | | $ | 28,067 | | $ | 72,619 | | $ | 30,802 | | $ | 16,745 | | $ | 6,271 | | $ | 24,274 | | $ | 899,580 | | $ | 1,078,358 | Charge-offs | | $ | — | | $ | — | | $ | 431 | | $ | — | | $ | 22 | | $ | — | | $ | — | | $ | 453 | MF FIN | | | | | | | | | | | | | | | | | | | | | | | | | Pass | | $ | 873,562 | | $ | 852,539 | | $ | 496,617 | | $ | 246,372 | | $ | 227,015 | | $ | 21,409 | | $ | 2,770,251 | | $ | 5,487,765 | Special Mention | | | 18,053 | | | 59,518 | | | 34,162 | | | 48,083 | | | 25,785 | | | — | | | 3,799 | | | 189,400 | Substandard | | | 16,189 | | | 32,827 | | | 8,215 | | | 78,977 | | | 37,050 | | | — | | | 5,054 | | | 178,312 | Total | | $ | 907,804 | | $ | 944,884 | | $ | 538,994 | | $ | 373,432 | | $ | 289,850 | | $ | 21,409 | | $ | 2,779,104 | | $ | 5,855,477 | Charge-offs | | $ | — | | $ | — | | $ | 1,630 | | $ | — | | $ | 21,766 | | $ | 2,797 | | $ | — | | $ | 26,193 | HC FIN | | | | | | | | | | | | | | | | | | | | | | | | | Pass | | $ | 446,070 | | $ | 295,143 | | $ | 17,834 | | $ | 7,081 | | $ | — | | $ | — | | $ | 470,810 | | $ | 1,236,938 | Special Mention | | | 9,000 | | | — | | | — | | | — | | | — | | | — | | | 12,459 | | | 21,459 | Substandard | | | — | | | 32,050 | | | — | | | — | | | — | | | 8,050 | | | 5,100 | | | 45,200 | Total | | $ | 455,070 | | $ | 327,193 | | $ | 17,834 | | $ | 7,081 | | $ | — | | $ | 8,050 | | $ | 488,369 | | $ | 1,303,597 | Charge-offs | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | 12,267 | | $ | — | | $ | 12,267 | CML & CRE | | | | | | | | | | | | | | | | | | | | | | | | | Pass | | $ | 50,736 | | $ | 61,936 | | $ | 39,122 | | $ | 39,185 | | $ | 55,150 | | $ | 60,888 | | $ | 1,524,495 | | $ | 1,831,512 | Special Mention | | | 33 | | | 437 | | | 771 | | | 536 | | | 498 | | | 964 | | | 600 | | | 3,839 | Substandard | | | — | | | — | | | 175 | | | 115 | | | 569 | | | 1,217 | | | — | | | 2,076 | Total | | $ | 50,769 | | $ | 62,373 | | $ | 40,068 | | $ | 39,836 | | $ | 56,217 | | $ | 63,069 | | $ | 1,525,095 | | $ | 1,837,427 | Charge-offs | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | 598 | | $ | — | | $ | 598 | AG & AGRE | | | | | | | | | | | | | | | | | | | | | | | | | Pass | | $ | 8,564 | | $ | 12,587 | | $ | 14,262 | | $ | 5,919 | | $ | 3,692 | | $ | 21,017 | | $ | 25,299 | | $ | 91,340 | Special Mention | | | — | | | 88 | | | — | | | — | | | — | | | — | | | — | | | 88 | Substandard | | | — | | | — | | | — | | | — | | | 181 | | | — | | | — | | | 181 | Total | | $ | 8,564 | | $ | 12,675 | | $ | 14,262 | | $ | 5,919 | | $ | 3,873 | | $ | 21,017 | | $ | 25,299 | | $ | 91,609 | CON & MAR | | | | | | | | | | | | | | | | | | | | | | | | | Pass | | $ | 129 | | $ | 94 | | $ | 48 | | $ | 11 | | $ | — | | $ | — | | $ | 3,678 | | $ | 3,960 | Total | | $ | 129 | | $ | 94 | | $ | 48 | | $ | 11 | | $ | — | | $ | — | | $ | 3,678 | | $ | 3,960 | | | | | | | | | | | | | | | | | | | | | | | | | | Total Pass | | $ | 1,407,128 | | $ | 1,294,918 | | $ | 598,545 | | $ | 314,877 | | $ | 292,128 | | $ | 127,588 | | $ | 7,858,690 | | $ | 11,893,874 | Total Special Mention | | $ | 27,086 | | $ | 60,043 | | $ | 34,933 | | $ | 48,619 | | $ | 26,283 | | $ | 964 | | $ | 16,858 | | $ | 214,786 | Total Substandard | | $ | 16,189 | | $ | 64,877 | | $ | 8,530 | | $ | 79,528 | | $ | 37,800 | | $ | 9,267 | | $ | 13,752 | | $ | 229,943 | Total Loans | | $ | 1,450,403 | | $ | 1,419,838 | | $ | 642,008 | | $ | 443,024 | | $ | 356,211 | | $ | 137,819 | | $ | 7,889,300 | | $ | 12,338,603 | Total Charge-offs | | $ | — | | $ | — | | $ | 2,061 | | $ | — | | $ | 21,788 | | $ | 15,662 | | $ | — | | $ | 39,511 |
| | | | | | | | | | | | | | | | | | | | | | | | | | | December 31, 2025 | | | 2025 | | 2024 | | 2023 | | 2022 | | 2021 | | Prior | | Revolving Loans | | TOTAL | | | | (In thousands) | MTG WHRA | | | | | | | | | | | | | | | | | | | | | | | | | Pass | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | 1,600,285 | | $ | 1,600,285 | Total | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | 1,600,285 | | $ | 1,600,285 | RES RE | | | | | | | | | | | | | | | | | | | | | | | | | Pass | | $ | 66,511 | | $ | 33,386 | | $ | 21,645 | | $ | 6,378 | | $ | 4,608 | | $ | 21,283 | | $ | 857,288 | | $ | 1,011,099 | Substandard | | | — | | | — | | | 431 | | | 22 | | | — | | | 129 | | | 7,099 | | | 7,681 | Total | | $ | 66,511 | | $ | 33,386 | | $ | 22,076 | | $ | 6,400 | | $ | 4,608 | | $ | 21,412 | | $ | 864,387 | | $ | 1,018,780 | MF FIN | | | | | | | | | | | | | | | | | | | | | | | | | Pass | | $ | 1,193,011 | | $ | 650,672 | | $ | 348,888 | | $ | 189,881 | | $ | 22,868 | | $ | 9,291 | | $ | 2,539,144 | | $ | 4,953,755 | Special Mention | | | 70,127 | | | 71,723 | | | — | | | 21,924 | | | — | | | 232 | | | 1,630 | | | 165,636 | Substandard | | | 39,936 | | | 8,302 | | | 79,463 | | | 74,992 | | | — | | | — | | | 10,596 | | | 213,289 | Total | | $ | 1,303,074 | | $ | 730,697 | | $ | 428,351 | | $ | 286,797 | | $ | 22,868 | | $ | 9,523 | | $ | 2,551,370 | | $ | 5,332,680 | Charge-offs | | $ | — | | $ | — | | $ | 42,884 | | $ | 65,405 | | $ | — | | $ | 5,992 | | $ | — | | $ | 114,281 | HC FIN | | | | | | | | | | | | | | | | | | | | | | | | | Pass | | $ | 693,986 | | $ | 6,922 | | $ | 32,305 | | $ | — | | $ | — | | $ | — | | $ | 548,130 | | $ | 1,281,343 | Special Mention | | | 13,503 | | | 17,688 | | | — | | | — | | | — | | | — | | | — | | | 31,191 | Substandard | | | 21,967 | | | — | | | 24,691 | | | — | | | 20,317 | | | — | | | 5,850 | | | 72,825 | Total | | $ | 729,456 | | $ | 24,610 | | $ | 56,996 | | $ | — | | $ | 20,317 | | $ | — | | $ | 553,980 | | $ | 1,385,359 | Charge-offs | | $ | — | | $ | — | | $ | — | | $ | — | | $ | 5,296 | | $ | 2,201 | | $ | — | | $ | 7,497 | CML & CRE | | | | | | | | | | | | | | | | | | | | | | | | | Pass | | $ | 65,578 | | $ | 48,115 | | $ | 43,092 | | $ | 59,178 | | $ | 35,950 | | $ | 30,767 | | $ | 1,303,578 | | $ | 1,586,258 | Special Mention | | | 5,123 | | | 116 | | | 561 | | | 502 | | | 883 | | | 142 | | | 675 | | | 8,002 | Substandard | | | — | | | 213 | | | 128 | | | 600 | | | 8,330 | | | 20 | | | — | | | 9,291 | Total | | $ | 70,701 | | $ | 48,444 | | $ | 43,781 | | $ | 60,280 | | $ | 45,163 | | $ | 30,929 | | $ | 1,304,253 | | $ | 1,603,551 | Charge-offs | | $ | — | | $ | 302 | | $ | 316 | | $ | 160 | | $ | 1,560 | | $ | — | | $ | — | | $ | 2,338 | AG & AGRE | | | | | | | | | | | | | | | | | | | | | | | | | Pass | | $ | 14,702 | | $ | 15,457 | | $ | 7,007 | | $ | 4,386 | | $ | 2,807 | | $ | 19,840 | | $ | 27,604 | | $ | 91,803 | Special Mention | | | 89 | | | — | | | — | | | — | | | — | | | — | | | — | | | 89 | Substandard | | | — | | | — | | | 4 | | | 181 | | | — | | | — | | | — | | | 185 | Total | | $ | 14,791 | | $ | 15,457 | | $ | 7,011 | | $ | 4,567 | | $ | 2,807 | | $ | 19,840 | | $ | 27,604 | | $ | 92,077 | CON & MAR | | | | | | | | | | | | | | | | | | | | | | | | | Pass | | $ | 133 | | $ | 108 | | $ | 15 | | $ | 2 | | $ | — | | $ | — | | $ | 1,692 | | $ | 1,950 | Total | | $ | 133 | | $ | 108 | | $ | 15 | | $ | 2 | | $ | — | | $ | — | | $ | 1,692 | | $ | 1,950 | | | | | | | | | | | | | | | | | | | | | | | | | | Total Pass | | $ | 2,033,921 | | $ | 754,660 | | $ | 452,952 | | $ | 259,825 | | $ | 66,233 | | $ | 81,181 | | $ | 6,877,721 | | $ | 10,526,493 | Total Special Mention | | $ | 88,842 | | $ | 89,527 | | $ | 561 | | $ | 22,426 | | $ | 883 | | $ | 374 | | $ | 2,305 | | $ | 204,918 | Total Substandard | | $ | 61,903 | | $ | 8,515 | | $ | 104,717 | | $ | 75,795 | | $ | 28,647 | | $ | 149 | | $ | 23,545 | | $ | 303,271 | Total Loans | | $ | 2,184,666 | | $ | 852,702 | | $ | 558,230 | | $ | 358,046 | | $ | 95,763 | | $ | 81,704 | | $ | 6,903,571 | | $ | 11,034,682 | Total Charge-offs | | $ | — | | $ | 302 | | $ | 43,200 | | $ | 65,565 | | $ | 6,856 | | $ | 8,193 | | $ | — | | $ | 124,116 |
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| Schedule of aging analysis of the recorded investment in loans |
| | | | | | | | | | | | | | | | | | | | | | | | | | | June 30, 2026 | | | | 30-59 Days | | | 60-89 Days | | | 90+ Days | | | Total | | | | | | Total | | | | Past Due | | | Past Due | | | Past Due | | | Past Due | | | Current | | | Loans | | | | | (In thousands) | | MTG WHRA | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | 2,168,175 | | | $ | 2,168,175 | | RES RE | | | 4,454 | | | | 4,135 | | | | 917 | | | | 9,506 | | | | 1,068,852 | | | | 1,078,358 | | MF FIN | | | 14,558 | | | | 17,978 | | | | 134,793 | | | | 167,329 | | | | 5,688,148 | | | | 5,855,477 | | HC FIN | | | — | | | | — | | | | 22,242 | | | | 22,242 | | | | 1,281,355 | | | | 1,303,597 | | CML & CRE | | | — | | | | — | | | | 2,076 | | | | 2,076 | | | | 1,835,351 | | | | 1,837,427 | | AG & AGRE | | | — | | | | 6,460 | | | | 87 | | | | 6,547 | | | | 85,062 | | | | 91,609 | | CON & MAR | | | — | | | | — | | | | — | | | | — | | | | 3,960 | | | | 3,960 | | | | $ | 19,012 | | | $ | 28,573 | | | $ | 160,115 | | | $ | 207,700 | | | $ | 12,130,903 | | | $ | 12,338,603 | | | | | — | % | | | — | % | | | 1 | % | | | 2 | % | | | 98 | % | | | 100 | % |
| | | | | | | | | | | | | | | | | | | | | | | | | | | December 31, 2025 | | | | 30-59 Days | | | 60-89 Days | | | 90+ Days | | | Total | | | | | | Total | | | | Past Due | | | Past Due | | | Past Due | | | Past Due | | | Current | | | Loans | | | | | (In thousands) | | MTG WHRA | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | 1,600,285 | | | $ | 1,600,285 | | RES RE | | | 5,077 | | | | 2,430 | | | | 3,479 | | | | 10,986 | | | | 1,007,794 | | | | 1,018,780 | | MF FIN | | | — | | | | 47,475 | | | | 111,348 | | | | 158,823 | | | | 5,173,857 | | | | 5,332,680 | | HC FIN | | | — | | | | — | | | | 26,167 | | | | 26,167 | | | | 1,359,192 | | | | 1,385,359 | | CML & CRE | | | 7,517 | | | | 659 | | | | 2,280 | | | | 10,456 | | | | 1,593,095 | | | | 1,603,551 | | AG & AGRE | | | — | | | | 125 | | | | 4 | | | | 129 | | | | 91,948 | | | | 92,077 | | CON & MAR | | | — | | | | — | | | | — | | | | — | | | | 1,950 | | | | 1,950 | | | | $ | 12,594 | | | $ | 50,689 | | | $ | 143,278 | | | $ | 206,561 | | | $ | 10,828,121 | | | $ | 11,034,682 | | | | | — | % | | | — | % | | | 1 | % | | | 2 | % | | | 98 | % | | | 100 | % |
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| Schedule of nonperforming loans and nonperforming assets |
| | | | | | | | | | | | | | | June 30, 2026 | | December 31, 2025 | | | | | | Total Loans > | | | | | Total Loans > | | | | | | 90 Days & | | | | | 90 Days & | | | Nonaccrual | | Accruing | | Nonaccrual | | Accruing | | | | (In thousands) | RES RE | | $ | 4,173 | | $ | — | | $ | 7,680 | | $ | — | MF FIN | | | 153,345 | | | — | | | 128,241 | | | — | HC FIN | | | 45,951 | | | — | | | 59,574 | | | — | CML & CRE | | | 2,076 | | | — | | | 2,313 | | | — | AG & AGRE | | | — | | | 87 | | | 4 | | | — | | | $ | 205,545 | | $ | 87 | | $ | 197,812 | | $ | — |
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| Schedule of company's modified loans |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, 2026 | | | | | | Six Months Ended June 30, 2026 | | | | | | | Combination - Term Extension and Payment Delay | | Total Class of Loans Receivable | | % of Total Class of Loans Receivable | | | | | Combination - Term Extension and Payment Delay | | Total Class of Financing Receivable | | % of Total Class of Financing Receivable | | | | | | | | (In thousands) | | | | | | (In thousands) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | MF FIN | | | | | $ | 74,720 | | $ | 74,720 | | | 1 | % | | | | | $ | 80,298 | | $ | 80,298 | | | 1 | % | HC FIN | | | | | | 12,459 | | | 12,459 | | | 1 | % | | | | | | 21,458 | | | 21,458 | | | 2 | % | Total | | | | | $ | 87,179 | | $ | 87,179 | | | 1 | % | | | | | $ | 101,756 | | $ | 101,756 | | | 1 | % |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, 2025 | | | Six Months Ended June 30, 2025 | | | | | | Term Extension | | Total Class of Loans Receivable | | % of Total Class of Loans Receivable | | | Term Extension | | Combination - Term Extension and Payment Delay | | Total Class of Financing Receivable | | % of Total Class of Financing Receivable | | | | | | | | (In thousands) | | | (In thousands) | | MF FIN | | | | | $ | 25,425 | | $ | 25,425 | | | 1 | % | | $ | 25,425 | | $ | 40,361 | | $ | 65,786 | | | 1 | % | CML & CRE | | | | | | — | | | — | | | — | % | | | — | | | 177 | | | 177 | | | — | | Total | | | | | $ | 25,425 | | $ | 25,425 | | | 1 | % | | $ | 25,425 | | $ | 40,538 | | $ | 65,963 | | | 1 | % |
| | | | | | | Three Months Ended June 30, 2026 | | | Term Extension | | Combination - Term Extension and Payment Delay | Loan Type | | Financial Effect | | Financial Effect | MF FIN | | | | Added a weighted average of 3 months. | HC FIN | | | | Added a weighted average of 3 months. | | | | | | | | Six Months Ended June 30, 2026 | | | Term Extension | | Combination - Term Extension and Payment Delay | Loan Type | | Financial Effect | | Financial Effect | MF FIN | | | | Added a weighted average of 3 months. | HC FIN | | | | Added a weighted average of 5 months. | | | | | |
| | | | | | | Three Months Ended June 30, 2025 | | | Term Extension | | Combination - Term Extension and Payment Delay | Loan Type | | Financial Effect | | Financial Effect | MF FIN | | Added a weighted average of 7 months. | | | | | | | | | | Six Months Ended June 30, 2025 | | | Term Extension | | Combination - Term Extension and Payment Delay | Loan Type | | Financial Effect | | Financial Effect | MF FIN | | Added a weighted average of 7 months. | | Added a weighted average of 6 months. | CML & CRE | | | | Term extension added a weighted average of 61 months, and forbearance added a weighted average of 12 months. |
| | | | | | | | | | | | | | | June 30, 2026 | | | | | 30 - 89 Days | | 90+ Days | | Total | | | Current | | Past Due | | Past Due | | Loans | | | | (In thousands) | MF FIN | | $ | 109,783 | | $ | — | | $ | 11,540 | | $ | 121,323 | HC FIN | | | 58,228 | | | — | | | 8,342 | | | 66,570 | CML & CRE | | | 753 | | | — | | | — | | | 753 | Total | | $ | 168,764 | | $ | — | | $ | 19,882 | | $ | 188,646 |
| | | | | | | | | | | | | | | June 30, 2025 | | | | | 30 - 89 Days | | 90+ Days | | Total | | | Current | | Past Due | | Past Due | | Loans | | | | (In thousands) | MF FIN | | $ | 58,088 | | $ | — | | $ | 7,698 | | $ | 65,786 | HC FIN | | | — | | | — | | | 9,649 | | | 9,649 | CML & CRE | | | 177 | | | — | | | — | | | 177 | Total | | $ | 58,265 | | $ | — | | $ | 17,347 | | $ | 75,612 |
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| Schedule of supplemental cash flow information related to loans |
| | | | | | | | | Six Months Ended June 30, | | | 2026 | | 2025 | | | | (In thousands) | Cash Flow Statement | | | | | | | Supplemental cash flow information: | | | | | | | Investments received in securitization of loans sold | | $ | — | | $ | 3,583 | Transfer of loans to other real estate owned | | | 4,378 | | | — | Deposits received upon loan origination | | | — | | | 189,206 | Transfer of loans from loans held for sale to loans receivable | | | 19,808 | | | 18,429 | Transfer of loans from loans receivable to loans held for sale | | | 55,570 | | | 386,604 |
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