Segment Information (Tables)

6 Months Ended

Jun. 30, 2026

Segment Information

Schedule of business segment financial information


		Multi-family
		Mortgage			Mortgage
		Banking			Warehousing			Banking			Other			Total

		(In thousands)
Three Months Ended June 30, 2026
Interest income		$	1,115		$	117,171		$	172,068		$	3,718		$	294,072
Interest expense			20			73,061			85,272			(817)			157,536
Net interest income			1,095			44,110			86,796			4,535			136,536
Provision for credit losses			(6)			855			8,335			—			9,184
Net interest income after provision for credit losses			1,101			43,255			78,461			4,535			127,352
Noninterest income			42,835			3,768			2,024			(2,947)			45,680
Noninterest expense
Salaries and employee benefits			22,252			2,282			5,376			9,435			39,345
Other noninterest expense			8,504			5,361			14,484			5,554			33,903
Total noninterest expense			30,756			7,643			19,860			14,989			73,248
Income (loss) before income taxes			13,180			39,380			60,625			(13,401)			99,784
Income taxes			2,844			8,781			13,288			(3,432)			21,481
Net income (loss)		$	10,336		$	30,599		$	47,337		$	(9,969)		$	78,303
Total assets		$	567,941		$	8,647,738		$	11,581,635		$	432,668		$	21,229,982

Significant non-cash items:
Included in other noninterest income:
Servicing rights fair value adjustments		$	4,607		$	—		$	1,408		$	—		$	6,015
Floor derivative fair value adjustments			—			1,911			—			—			1,911


		Multi-family
		Mortgage			Mortgage
		Banking			Warehousing			Banking			Other			Total

		(In thousands)
Three Months Ended June 30, 2025
Interest income		$	1,138		$	100,770		$	198,542		$	3,949		$	304,399
Interest expense			20			67,819			108,647			(806)			175,680
Net interest income			1,118			32,951			89,895			4,755			128,719
Provision for credit losses			(345)			1,785			51,587			—			53,027
Net interest income after provision for credit losses			1,463			31,166			38,308			4,755			75,692
Noninterest income			44,752			6,820			3,283			(4,375)			50,480
Noninterest expense
Salaries and employee benefits			28,727			1,608			6,076			7,155			43,566
Other noninterest expense			4,842			6,787			17,287			4,855			33,771
Total noninterest expense			33,569			8,395			23,363			12,010			77,337
Income (loss) before income taxes			12,646			29,591			18,228			(11,630)			48,835
Income taxes			3,377			6,605			3,654			(2,782)			10,854
Net income (loss)		$	9,269		$	22,986		$	14,574		$	(8,848)		$	37,981
Total assets		$	487,853		$	6,999,701		$	11,404,488		$	249,162		$	19,141,204

Significant non-cash items:
Included in other noninterest income:
Servicing rights fair value adjustments		$	745		$	—		$	(487)		$	—		$	258
Floor derivative fair value adjustments			—			4,333			—			—			4,333


		Multi-family
		Mortgage			Mortgage
		Banking			Warehousing			Banking			Other			Total

		(In thousands)
Six Months Ended June 30, 2026
Interest income		$	2,177		$	217,817		$	337,226		$	7,363		$	564,583
Interest expense			40			135,140			165,798			(1,579)			299,399
Net interest income			2,137			82,677			171,428			8,942			265,184
Provision for credit losses			(13)			148			24,348			—			24,483
Net interest income after provision for credit losses			2,150			82,529			147,080			8,942			240,701
Noninterest income			81,924			8,089			8,306			(6,040)			92,279
Noninterest expense
Salaries and employee benefits			43,228			4,250			12,129			18,303			77,910
Other noninterest expense			13,156			11,279			35,480			11,065			70,980
Total noninterest expense			56,384			15,529			47,609			29,368			148,890
Income (loss) before income taxes			27,690			75,089			107,777			(26,466)			184,090
Income taxes			6,340			15,842			22,460			(6,587)			38,055
Net income (loss)		$	21,350		$	59,247		$	85,317		$	(19,879)		$	146,035
Total assets		$	567,941		$	8,647,738		$	11,581,635		$	432,668		$	21,229,982

Significant non-cash items:
Included in other noninterest income:
Servicing rights fair value adjustments		$	11,986		$	—		$	2,967		$	—		$	14,953
Floor derivative fair value adjustments			—			4,607			—			—			4,607


		Multi-family
		Mortgage			Mortgage
		Banking			Warehousing			Banking			Other				Total

		(In thousands)
Six Months Ended June 30, 2025
Interest income		$	2,318		$	186,887		$	394,586		$	7,812		$	591,603
Interest expense			40			125,488			216,754			(1,594)			340,688
Net interest income			2,278			61,399			177,832			9,406			250,915
Provision for credit losses			(393)			1,359			59,788			—			60,754
Net interest income after provision for credit losses			2,671			60,040			118,044			9,406			190,161
Noninterest income			73,648			6,080			2,216			(7,771)			74,173
Noninterest expense
Salaries and employee benefits			49,655			3,585			12,555			14,190			79,985
Other noninterest expense			8,474			12,831			28,118			9,593			59,016
Total noninterest expense			58,129			16,416			40,673			23,783			139,001
Income (loss) before income taxes			18,190			49,704			79,587			(22,148)			125,333
Income taxes			5,508			11,320			17,906			(5,621)			29,113
Net income (loss)		$	12,682		$	38,384		$	61,681		$	(16,527)		$	96,220
Total assets		$	487,853		$	6,999,701		$	11,404,488		$	249,162		$	19,141,204

Significant non-cash items:
Included in other noninterest income:
Servicing rights fair value adjustments		$	1,194		$	—		$	(1,690)		$	—		$	(496)
Floor derivative fair value adjustments			—			2,075			—			—			2,075