v3.26.1
FAIR VALUE MEASUREMENTS - Fair Value Levels (Details) - USD ($)
$ / shares in Units, $ in Thousands, shares in Millions
Jun. 30, 2026
Dec. 31, 2025
Jun. 30, 2025
Jan. 02, 2025
Dec. 31, 2024
Assets:          
Loans held for sale, at fair value $ 500,783 $ 971,837      
Loans held for investment, at fair value 721,568 281,198      
Residuals in securitizations, at fair value 204,001 76,701      
Servicing asset 12,456 15,358      
Derivative instrument   $ 737      
Derivative Asset, Statement of Financial Position [Extensible Enumeration]   Other assets      
Total assets measured at fair value 1,497,713 $ 1,410,379      
Liabilities:          
Equity warrants 168 81      
Derivative instruments 4        
Total liabilities measured at fair value 172 81      
Carrying Amount          
Cash and due from banks 5,190 4,196      
Restricted cash 22,744 26,477      
Interest bearing deposits in banks 367,073 279,618      
Loans held for sale, at LCM 20,473 26,532      
Loans held for investment, at amortized cost, net of deferred fees and costs 1,139,537 896,689      
OREO, at LCM 12,080 8,856      
Servicing assets, at LCM 39,500 29,564 $ 31,831   $ 24,195
Federal Home Loan Bank and Federal Reserve Bank stock 4,548 4,234      
Time deposits 636,376 439,805      
Borrowings (including borrowings of VIEs of $105.1 million and $127.1 million, respectively) 554,192 819,888      
Total Fair Value          
Loans HFS, at LCM 20,473 26,532      
Loans HFI, at amortized cost, net of deferred fees and costs 1,158,268 1,012,200      
OREO, at LCM 12,047 8,969      
Servicing assets, at LCM 48,158 34,957      
Federal Home Loan Bank and Federal Reserve Bank stock 4,548 4,234      
Time deposits 635,793 440,688      
Borrowings $ 562,733 $ 827,998      
Disposal Group, Disposed of by Sale, Not Discontinued Operations | Newtek Technology Solutions, Inc.          
Total Fair Value          
Consideration (in shares) 4.0 4.0   4.0  
Value per share (in dollars per share) $ 1.74 $ 1.72      
U.S. Treasury notes          
Assets:          
Debt securities available-for-sale, at fair value $ 15,139 $ 16,829      
Government agency debentures          
Assets:          
Debt securities available-for-sale, at fair value 0 0      
Cash and due from banks          
Total Fair Value          
Cash and cash equivalents 5,190 4,196      
Restricted cash          
Total Fair Value          
Cash and cash equivalents 22,744 26,477      
Interest bearing deposits in banks          
Total Fair Value          
Cash and cash equivalents 367,073 279,618      
Joint Ventures and Other Investments          
Assets:          
Investments 43,766 47,719      
Level 1          
Assets:          
Loans held for sale, at fair value 0 0      
Loans held for investment, at fair value 0 0      
Residuals in securitizations, at fair value 0      
Servicing asset 0 0      
Derivative instrument   0      
Total assets measured at fair value 22,099 23,709      
Liabilities:          
Equity warrants 0 0      
Derivative instruments 0        
Total liabilities measured at fair value 0 0      
Total Fair Value          
Loans HFS, at LCM 0 0      
Loans HFI, at amortized cost, net of deferred fees and costs 0 0      
OREO, at LCM 0 0      
Servicing assets, at LCM 0 0      
Federal Home Loan Bank and Federal Reserve Bank stock 0 0      
Time deposits 0 0      
Borrowings 0 0      
Level 1 | U.S. Treasury notes          
Assets:          
Debt securities available-for-sale, at fair value 15,139 16,829      
Level 1 | Government agency debentures          
Assets:          
Debt securities available-for-sale, at fair value 0 0      
Level 1 | Cash and due from banks          
Total Fair Value          
Cash and cash equivalents 5,190 4,196      
Level 1 | Restricted cash          
Total Fair Value          
Cash and cash equivalents 22,744 26,477      
Level 1 | Interest bearing deposits in banks          
Total Fair Value          
Cash and cash equivalents 367,073 279,618      
Level 1 | Joint Ventures and Other Investments          
Assets:          
Investments 6,960 6,880      
Level 2          
Assets:          
Loans held for sale, at fair value 0 324,467      
Loans held for investment, at fair value 0 0      
Residuals in securitizations, at fair value 0      
Servicing asset 0 0      
Derivative instrument   737      
Total assets measured at fair value 0 327,187      
Liabilities:          
Equity warrants 0 0      
Derivative instruments 4        
Total liabilities measured at fair value 4 0      
Total Fair Value          
Loans HFS, at LCM 0 0      
Loans HFI, at amortized cost, net of deferred fees and costs 0 0      
OREO, at LCM 0 0      
Servicing assets, at LCM 0 0      
Federal Home Loan Bank and Federal Reserve Bank stock 4,548 4,234      
Time deposits 635,793 440,688      
Borrowings 198,110 283,999      
Level 2 | U.S. Treasury notes          
Assets:          
Debt securities available-for-sale, at fair value 0 0      
Level 2 | Government agency debentures          
Assets:          
Debt securities available-for-sale, at fair value 0 0      
Level 2 | Cash and due from banks          
Total Fair Value          
Cash and cash equivalents 0 0      
Level 2 | Restricted cash          
Total Fair Value          
Cash and cash equivalents 0 0      
Level 2 | Interest bearing deposits in banks          
Total Fair Value          
Cash and cash equivalents 0 0      
Level 2 | Joint Ventures and Other Investments          
Assets:          
Investments 0 1,983      
Level 3          
Assets:          
Loans held for sale, at fair value 500,783 647,370      
Loans held for investment, at fair value 721,568 281,198      
Residuals in securitizations, at fair value 204,001 76,701      
Servicing asset 12,456 15,358      
Derivative instrument   0      
Total assets measured at fair value 1,475,614 1,059,483      
Liabilities:          
Equity warrants 168 81      
Derivative instruments 0        
Total liabilities measured at fair value 168 81      
Total Fair Value          
Loans HFS, at LCM 20,473 26,532      
Loans HFI, at amortized cost, net of deferred fees and costs 1,158,268 1,012,200      
OREO, at LCM 12,047 8,969      
Servicing assets, at LCM 48,158 34,957      
Federal Home Loan Bank and Federal Reserve Bank stock 0 0      
Time deposits 0 0      
Borrowings 364,623 543,999      
Level 3 | U.S. Treasury notes          
Assets:          
Debt securities available-for-sale, at fair value 0 0      
Level 3 | Government agency debentures          
Assets:          
Debt securities available-for-sale, at fair value 0 0      
Level 3 | Cash and due from banks          
Total Fair Value          
Cash and cash equivalents 0 0      
Level 3 | Restricted cash          
Total Fair Value          
Cash and cash equivalents 0 0      
Level 3 | Interest bearing deposits in banks          
Total Fair Value          
Cash and cash equivalents 0 0      
Level 3 | Joint Ventures and Other Investments          
Assets:          
Investments $ 36,806 $ 38,856