2022 Q1 Form 10-Q Financial Statement

#000155837022007640 Filed on May 06, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 Q1
Revenue $124.4M $73.37M
YoY Change 69.56% 5.49%
Cost Of Revenue $68.71M $46.90M
YoY Change 46.5% -5.25%
Gross Profit $70.62M $27.00M
YoY Change 161.56% 12.03%
Gross Profit Margin 56.77% 36.8%
Selling, General & Admin $32.06M $26.60M
YoY Change 20.54% 24.3%
% of Gross Profit 45.4% 98.52%
Research & Development $2.040M $1.872M
YoY Change 8.97% 18.48%
% of Gross Profit 2.89% 6.93%
Depreciation & Amortization $400.0K $300.0K
YoY Change 33.33% 0.0%
% of Gross Profit 0.57% 1.11%
Operating Expenses $2.040M $1.872M
YoY Change 8.97% 18.48%
Operating Profit $68.58M $25.13M
YoY Change 172.92% 11.58%
Interest Expense $61.02M $50.76M
YoY Change 20.2% 8.16%
% of Operating Profit 88.97% 202.01%
Other Income/Expense, Net $1.992M $2.651M
YoY Change -24.86% -14.32%
Pretax Income $82.11M $37.63M
YoY Change 118.22% -163.29%
Income Tax $17.85M $8.681M
% Of Pretax Income 21.74% 23.07%
Net Earnings $64.26M $28.95M
YoY Change 122.0% -157.38%
Net Earnings / Revenue 51.66% 39.45%
Basic Earnings Per Share $0.70 $0.49
Diluted Earnings Per Share $0.66 $0.49
COMMON SHARES
Basic Shares Outstanding 87.71M 56.82M
Diluted Shares Outstanding 95.40M 56.84M

Balance Sheet

Concept 2022 Q1 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $211.4M $308.4M
YoY Change -31.46% 152.17%
Cash & Equivalents $211.4M $308.4M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $46.36M $16.10M
Other Receivables $16.44M $44.70M
Total Short-Term Assets $274.2M $369.2M
YoY Change -25.74% 101.97%
LONG-TERM ASSETS
Property, Plant & Equipment $2.089M $3.100M
YoY Change -32.61% -32.61%
Goodwill $32.70M $17.82M
YoY Change 83.56%
Intangibles $14.44M $6.662M
YoY Change 116.68%
Long-Term Investments $149.5M $75.05M
YoY Change 99.17% -96.88%
Other Assets $94.85M $102.7M
YoY Change -7.64% -27.57%
Total Long-Term Assets $11.20B $7.648B
YoY Change 46.48% 50.33%
TOTAL ASSETS
Total Short-Term Assets $274.2M $369.2M
Total Long-Term Assets $11.20B $7.648B
Total Assets $11.48B $8.017B
YoY Change 43.15% 52.12%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $8.471M $6.800M
YoY Change 24.57% 161.54%
Accrued Expenses $73.69M $61.10M
YoY Change 20.6% 20.75%
Deferred Revenue
YoY Change
Short-Term Debt $56.39M $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $189.7M $77.50M
YoY Change 144.78% 3.47%
LONG-TERM LIABILITIES
Long-Term Debt $9.000B $6.421B
YoY Change 40.18% 49.71%
Other Long-Term Liabilities $216.6M $225.9M
YoY Change -4.12% 139.81%
Total Long-Term Liabilities $9.217B $6.647B
YoY Change 38.67% 51.64%
TOTAL LIABILITIES
Total Short-Term Liabilities $189.7M $77.50M
Total Long-Term Liabilities $9.217B $6.647B
Total Liabilities $9.509B $6.819B
YoY Change 39.46% 51.12%
SHAREHOLDERS EQUITY
Retained Earnings $21.66M -$20.03M
YoY Change -208.16%
Common Stock $11.00K $7.000K
YoY Change 57.14%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.851B $1.160B
YoY Change
Total Liabilities & Shareholders Equity $11.48B $8.017B
YoY Change 43.15% 52.12%

Cashflow Statement

Concept 2022 Q1 2021 Q1
OPERATING ACTIVITIES
Net Income $64.26M $28.95M
YoY Change 122.0% -157.38%
Depreciation, Depletion And Amortization $400.0K $300.0K
YoY Change 33.33% 0.0%
Cash From Operating Activities $14.74M -$50.20M
YoY Change -129.37% -49.81%
INVESTING ACTIVITIES
Capital Expenditures -$902.0K
YoY Change
Acquisitions -$123.6M
YoY Change
Other Investing Activities -$1.122B -$210.5M
YoY Change 433.05% 45.67%
Cash From Investing Activities -$1.123B -$210.5M
YoY Change 433.37% 45.74%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $106.6M $987.0K
YoY Change 10700.41% -92.62%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.085B 432.3M
YoY Change 150.98% 26.96%
NET CHANGE
Cash From Operating Activities 14.74M -50.20M
Cash From Investing Activities -1.123B -210.5M
Cash From Financing Activities 1.085B 432.3M
Net Change In Cash -23.24M 171.6M
YoY Change -113.55% 78.69%
FREE CASH FLOW
Cash From Operating Activities $14.74M -$50.20M
Capital Expenditures -$902.0K
Free Cash Flow $15.64M
YoY Change

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CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2021Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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CY2022Q1 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
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CY2021Q1 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
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CY2022Q1 us-gaap Comprehensive Income Net Of Tax
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CY2021Q1 us-gaap Comprehensive Income Net Of Tax
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CY2022Q1 us-gaap Dividends Common Stock
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CY2022Q1 rc Dividends Preferred Stock Series E
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CY2022Q1 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
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CY2022Q1 rc Stock Issued During Period Value Conversion Of Units Pursuant To Reverse Merger
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CY2022Q1 us-gaap Noncontrolling Interest Increase From Business Combination
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CY2022Q1 us-gaap Stock Issued During Period Value New Issues
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CY2022Q1 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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CY2022Q1 rc Debt Instrument Convertible Carrying Amount Of Equity Components
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CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
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CY2022Q1 rc Treasury Stock Acquired Value
TreasuryStockAcquiredValue
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CY2022Q1 us-gaap Profit Loss
ProfitLoss
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CY2022Q1 us-gaap Other Comprehensive Income Other Net Of Tax
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CY2022Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2021Q1 us-gaap Dividends Common Stock
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CY2021Q1 rc Dividends Operating Partnership Units
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CY2021Q1 rc Dividends Preferred Stock Series C
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CY2021Q1 rc Dividends Preferred Stock Series D
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CY2021Q1 us-gaap Stock Issued During Period Value Acquisitions
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CY2021Q1 rc Debt Instrument Convertible Carrying Amount Of Equity Components
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CY2021Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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CY2021Q1 us-gaap Treasury Stock Value Acquired Cost Method
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CY2021Q1 us-gaap Profit Loss
ProfitLoss
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CY2021Q1 us-gaap Other Comprehensive Income Other Net Of Tax
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CY2021Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2022Q1 us-gaap Profit Loss
ProfitLoss
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CY2021Q1 us-gaap Profit Loss
ProfitLoss
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CY2022Q1 rc Amortization Of Financing Costs And Intangible Assets
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CY2021Q1 rc Amortization Of Financing Costs And Intangible Assets
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CY2022Q1 us-gaap Share Based Compensation
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CY2021Q1 us-gaap Share Based Compensation
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CY2022Q1 us-gaap Provision For Loan Losses Expensed
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CY2021Q1 us-gaap Provision For Loan Losses Expensed
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CY2022Q1 us-gaap Impairment Of Real Estate
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CY2021Q1 rc Increase Decrease In Repair And Denial Reserve
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CY2022Q1 rc Allowance For Doubtful Accounts On Purchased Future Receivables Net
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CY2021Q1 rc Allowance For Doubtful Accounts On Purchased Future Receivables Net
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CY2022Q1 rc Payments For Origination Of Loans Held For Sale At Fair Value
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CY2021Q1 rc Payments For Origination Of Loans Held For Sale At Fair Value
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CY2022Q1 rc Proceeds From Sale And Principal Repayments On Loans Held For Sale At Fair Value
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CY2021Q1 rc Proceeds From Sale And Principal Repayments On Loans Held For Sale At Fair Value
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CY2022Q1 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
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CY2021Q1 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
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CY2022Q1 rc Realized Gains Losses Net
RealizedGainsLossesNet
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CY2021Q1 rc Realized Gains Losses Net
RealizedGainsLossesNet
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CY2022Q1 rc Unrealized Gains Losses Net
UnrealizedGainsLossesNet
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CY2021Q1 rc Unrealized Gains Losses Net
UnrealizedGainsLossesNet
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CY2022Q1 rc Purchased Future Receivables Net Of Payoffs
PurchasedFutureReceivablesNetOfPayoffs
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CY2021Q1 rc Purchased Future Receivables Net Of Payoffs
PurchasedFutureReceivablesNetOfPayoffs
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CY2022Q1 us-gaap Increase Decrease In Derivative Assets And Liabilities
IncreaseDecreaseInDerivativeAssetsAndLiabilities
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CY2021Q1 us-gaap Increase Decrease In Derivative Assets And Liabilities
IncreaseDecreaseInDerivativeAssetsAndLiabilities
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CY2022Q1 rc Increase Decrease In Assets Of Consolidated Vies Accrued Interest And Due From Servicers
IncreaseDecreaseInAssetsOfConsolidatedViesAccruedInterestAndDueFromServicers
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CY2021Q1 rc Increase Decrease In Assets Of Consolidated Vies Accrued Interest And Due From Servicers
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CY2022Q1 us-gaap Increase Decrease In Accounts Receivable
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CY2021Q1 us-gaap Increase Decrease In Accounts Receivable
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CY2022Q1 us-gaap Increase Decrease In Other Operating Assets
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CY2021Q1 us-gaap Increase Decrease In Other Operating Assets
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CY2022Q1 us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
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CY2021Q1 us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
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CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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CY2021Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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CY2022Q1 rc Payments For Origination Of Loans Held At Fair Value
PaymentsForOriginationOfLoansHeldAtFairValue
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CY2021Q1 rc Payments For Origination Of Loans Held At Fair Value
PaymentsForOriginationOfLoansHeldAtFairValue
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CY2022Q1 us-gaap Payments To Acquire Loans Held For Investment
PaymentsToAcquireLoansHeldForInvestment
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CY2021Q1 us-gaap Payments To Acquire Loans Held For Investment
PaymentsToAcquireLoansHeldForInvestment
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CY2022Q1 rc Proceeds From Sale And Principal Repayments On Loans Held At Fair Value
ProceedsFromSaleAndPrincipalRepaymentsOnLoansHeldAtFairValue
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CY2021Q1 rc Proceeds From Sale And Principal Repayments On Loans Held At Fair Value
ProceedsFromSaleAndPrincipalRepaymentsOnLoansHeldAtFairValue
192763000
CY2021Q1 rc Payments For Origination Of Paycheck Protection Program Loans
PaymentsForOriginationOfPaycheckProtectionProgramLoans
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CY2021Q1 rc Payments To Acquire Paycheck Protection Program Loans
PaymentsToAcquirePaycheckProtectionProgramLoans
3866000
CY2022Q1 rc Proceeds From Disposition And Principal Payment Of Paycheck Protection Program Loans
ProceedsFromDispositionAndPrincipalPaymentOfPaycheckProtectionProgramLoans
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CY2021Q1 rc Proceeds From Disposition And Principal Payment Of Paycheck Protection Program Loans
ProceedsFromDispositionAndPrincipalPaymentOfPaycheckProtectionProgramLoans
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CY2022Q1 us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
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CY2022Q1 us-gaap Proceeds From Sale Of Mortgage Backed Securities Mbs Categorized As Available For Sale
ProceedsFromSaleOfMortgageBackedSecuritiesMBSCategorizedAsAvailableForSale
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CY2021Q1 us-gaap Proceeds From Sale Of Mortgage Backed Securities Mbs Categorized As Available For Sale
ProceedsFromSaleOfMortgageBackedSecuritiesMBSCategorizedAsAvailableForSale
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CY2022Q1 us-gaap Payments To Acquire Held For Sale Real Estate
PaymentsToAcquireHeldForSaleRealEstate
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CY2022Q1 us-gaap Proceeds From Sale Of Property Held For Sale
ProceedsFromSaleOfPropertyHeldForSale
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CY2021Q1 us-gaap Proceeds From Sale Of Property Held For Sale
ProceedsFromSaleOfPropertyHeldForSale
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CY2022Q1 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
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CY2021Q1 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
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CY2022Q1 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
5152000
CY2021Q1 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
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CY2022Q1 us-gaap Payments For Participation Liabilities
PaymentsForParticipationLiabilities
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CY2022Q1 us-gaap Cash Acquired From Acquisition
CashAcquiredFromAcquisition
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CY2021Q1 us-gaap Cash Acquired From Acquisition
CashAcquiredFromAcquisition
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CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
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CY2021Q1 us-gaap Net Cash Provided By Used In Investing Activities
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CY2022Q1 us-gaap Proceeds From Lines Of Credit
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CY2021Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
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CY2022Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
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CY2021Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
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CY2021Q1 rc Proceeds From Borrowings Paycheck Protection Program Liquidity Financing Ppplf
ProceedsFromBorrowingsPaycheckProtectionProgramLiquidityFinancingPpplf
1095900000
CY2022Q1 rc Payments On Paycheck Protection Program Liquidity Facility
PaymentsOnPaycheckProtectionProgramLiquidityFacility
314060000
CY2021Q1 rc Payments On Paycheck Protection Program Liquidity Facility
PaymentsOnPaycheckProtectionProgramLiquidityFacility
39640000
CY2022Q1 rc Proceeds From Issuance Of Securitized Debt Obligations Consolidated Variable Interest Entity
ProceedsFromIssuanceOfSecuritizedDebtObligationsConsolidatedVariableInterestEntity
928257000
CY2021Q1 rc Proceeds From Issuance Of Securitized Debt Obligations Consolidated Variable Interest Entity
ProceedsFromIssuanceOfSecuritizedDebtObligationsConsolidatedVariableInterestEntity
510955000
CY2022Q1 rc Repayments Of Securitized Debt Obligations Consolidated Variable Interest Entity
RepaymentsOfSecuritizedDebtObligationsConsolidatedVariableInterestEntity
259705000
CY2021Q1 rc Repayments Of Securitized Debt Obligations Consolidated Variable Interest Entity
RepaymentsOfSecuritizedDebtObligationsConsolidatedVariableInterestEntity
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CY2022Q1 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
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CY2021Q1 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
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CY2021Q1 us-gaap Repayments Of Debt
RepaymentsOfDebt
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CY2022Q1 rc Payment Of Guaranteed Loan Financing
PaymentOfGuaranteedLoanFinancing
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CY2021Q1 rc Payment Of Guaranteed Loan Financing
PaymentOfGuaranteedLoanFinancing
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CY2022Q1 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
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CY2021Q1 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
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CY2022Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
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CY2022Q1 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
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CY2022Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
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CY2021Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
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CY2022Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
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CY2021Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
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CY2022Q1 us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
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CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2021Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-23244000
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
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CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
323328000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
200482000
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
300084000
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
372034000
CY2022Q1 us-gaap Interest Paid Net
InterestPaidNet
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CY2021Q1 us-gaap Interest Paid Net
InterestPaidNet
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CY2022Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
102000
CY2022Q1 rc Transfer Of Loans Held To Loans Held For Sale At Fair Value
TransferOfLoansHeldToLoansHeldForSaleAtFairValue
1507000
CY2021Q1 rc Transfer Of Loans Held To Loans Held For Sale At Fair Value
TransferOfLoansHeldToLoansHeldForSaleAtFairValue
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CY2022Q1 us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
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CY2021Q1 us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
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CY2022Q1 us-gaap Asset Acquisition Contingent Consideration Liability
AssetAcquisitionContingentConsiderationLiability
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CY2022Q1 rc Common Stock Issued During Period Acquisitions Value
CommonStockIssuedDuringPeriodAcquisitionsValue
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CY2021Q1 rc Common Stock Issued During Period Acquisitions Value
CommonStockIssuedDuringPeriodAcquisitionsValue
239537000
CY2022Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
211369000
CY2021Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
308428000
CY2022Q1 us-gaap Restricted Cash
RestrictedCash
56963000
CY2021Q1 us-gaap Restricted Cash
RestrictedCash
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CY2022Q1 rc Variable Interest Entity Cash Cash Equivalents And Restricted Cash
VariableInterestEntityCashCashEquivalentsAndRestrictedCash
31752000
CY2021Q1 rc Variable Interest Entity Cash Cash Equivalents And Restricted Cash
VariableInterestEntityCashCashEquivalentsAndRestrictedCash
645000
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
300084000
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
372034000
CY2022Q1 rc Liquidation Of Financial Assets
LiquidationOfFinancialAssets
2100000000
CY2022Q1 us-gaap Extinguishment Of Debt Amount
ExtinguishmentOfDebtAmount
1800000000
CY2021Q1 rc Related Party Transaction Temporary Quarterly Fee Reduction
RelatedPartyTransactionTemporaryQuarterlyFeeReduction
1000000
CY2021Q1 rc Related Party Transaction Temporary Quarterly Fee Reduction Number Of Quarters
RelatedPartyTransactionTemporaryQuarterlyFeeReductionNumberOfQuarters
4
CY2022Q1 us-gaap Basis Of Accounting
BasisOfAccounting
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;"><b style="font-weight:bold;">Note 2. Basis of Presentation</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;"><span style="visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;">The unaudited interim consolidated financial statements herein, referred to as the “consolidated financial statements”, as of March 31, 2022 and December 31, 2021 and for the three months ended March 31, 2022 and 2021, have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”)—as prescribed by the Financial Accounting Standards Board’s (“FASB”) Accounting Standards Codification (“ASC”) and the rules and regulations of the SEC.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;"><span style="visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;">The accompanying interim consolidated financial statements, including the notes thereto, are unaudited and exclude some of the disclosures required in audited financial statements. Accordingly, certain information and footnote disclosures normally included in the consolidated financial statements have been condensed or omitted. In the opinion of management, the accompanying consolidated financial statements contain all normal recurring adjustments necessary for a fair statement of the results for the interim periods presented. Such operating results may not be indicative of the expected results for any other interim period or the entire year. The accompanying consolidated financial statements should be read in conjunction with the audited consolidated financial statements included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2021 filed with the SEC.</p>
CY2022Q1 us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;"><span style="font-style:italic;font-weight:bold;text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Use of estimates</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;">Preparation of the Company’s consolidated financial statements in conformity with U.S. GAAP requires certain estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities as of the date of the consolidated financial statements and the reported amounts of income and expenses during the reporting period. These estimates and assumptions are based on the best available information however, actual results could be materially different.</p>
CY2022Q1 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;"><span style="font-style:italic;font-weight:bold;text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Reclassifications</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;">Certain amounts reported for the prior periods in the accompanying consolidated financial statements have been reclassified in order to conform to the current period’s presentation. </p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;"><span style="visibility:hidden;">​</span></p>
CY2022Q1 rc Loans Eligible For Repurchase
LoansEligibleForRepurchase
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;"><span style="font-style:italic;font-weight:bold;text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Loans eligible for repurchase from Ginnie Mae</span><span style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;"> </span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;">When the Company has the unilateral right to repurchase Ginnie Mae pool loans it has previously sold (generally loans that are more than 90 days past due), the Company then records the right to repurchase the loan as an asset and liability in its consolidated balance sheets. Such amounts reflect the unpaid principal balance of the loans.</p>
CY2022Q1 us-gaap Derivative Liability Collateral Right To Reclaim Cash Offset
DerivativeLiabilityCollateralRightToReclaimCashOffset
200000
CY2021Q4 us-gaap Derivative Liability Collateral Right To Reclaim Cash Offset
DerivativeLiabilityCollateralRightToReclaimCashOffset
1800000
CY2022Q1 rc Number Of Classes Of Servicing Assets Used For Risk Management Purposes
NumberOfClassesOfServicingAssetsUsedForRiskManagementPurposes
2
CY2022Q1 rc Repurchase Agreements Number Of Transactions Accounted For As Components Of Linked Transactions
RepurchaseAgreementsNumberOfTransactionsAccountedForAsComponentsOfLinkedTransactions
0
CY2022Q1 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
0
CY2021Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
0
CY2022Q1 rc Loans Non Accrual Status Number Of Consecutive Months Payments Received Before Resuming Recognition Of Interest Income
LoansNonAccrualStatusNumberOfConsecutiveMonthsPaymentsReceivedBeforeResumingRecognitionOfInterestIncome
3
CY2022Q1 rc Loans And Leases Receivable Gross Excluding Loans Of Consolidated Variable Interest Entities
LoansAndLeasesReceivableGrossExcludingLoansOfConsolidatedVariableInterestEntities
4103204000
CY2022Q1 rc Loans And Leases Receivable Unpaid Principal Balance Gross Excluding Loans Of Consolidated Variable Interest Entities
LoansAndLeasesReceivableUnpaidPrincipalBalanceGrossExcludingLoansOfConsolidatedVariableInterestEntities
4135435000
CY2021Q4 rc Loans And Leases Receivable Gross Excluding Loans Of Consolidated Variable Interest Entities
LoansAndLeasesReceivableGrossExcludingLoansOfConsolidatedVariableInterestEntities
2948662000
CY2021Q4 rc Loans And Leases Receivable Unpaid Principal Balance Gross Excluding Loans Of Consolidated Variable Interest Entities
LoansAndLeasesReceivableUnpaidPrincipalBalanceGrossExcludingLoansOfConsolidatedVariableInterestEntities
2977841000
CY2022Q1 rc Loans And Leases Receivable Allowance Excluding Consolidated Variable Interest Entities
LoansAndLeasesReceivableAllowanceExcludingConsolidatedVariableInterestEntities
40869000
CY2021Q4 rc Loans And Leases Receivable Allowance Excluding Consolidated Variable Interest Entities
LoansAndLeasesReceivableAllowanceExcludingConsolidatedVariableInterestEntities
33216000
CY2022Q1 rc Loans And Leases Receivable Net Reported Amount Excluding Loans Of Consolidated Variable Interest Entities
LoansAndLeasesReceivableNetReportedAmountExcludingLoansOfConsolidatedVariableInterestEntities
4062335000
CY2022Q1 rc Loans And Leases Receivable Net Reported Amount Excluding Loans Of Consolidated Variable Interest Entities Unpaid Principal Balance
LoansAndLeasesReceivableNetReportedAmountExcludingLoansOfConsolidatedVariableInterestEntitiesUnpaidPrincipalBalance
4135435000
CY2021Q4 rc Loans And Leases Receivable Net Reported Amount Excluding Loans Of Consolidated Variable Interest Entities
LoansAndLeasesReceivableNetReportedAmountExcludingLoansOfConsolidatedVariableInterestEntities
2915446000
CY2021Q4 rc Loans And Leases Receivable Net Reported Amount Excluding Loans Of Consolidated Variable Interest Entities Unpaid Principal Balance
LoansAndLeasesReceivableNetReportedAmountExcludingLoansOfConsolidatedVariableInterestEntitiesUnpaidPrincipalBalance
2977841000
CY2022Q1 us-gaap Loans Held For Sale Fair Value Disclosure
LoansHeldForSaleFairValueDisclosure
523214000
CY2022Q1 rc Loans Held For Sale Fair Value Disclosure Unpaid Principal Balance
LoansHeldForSaleFairValueDisclosureUnpaidPrincipalBalance
526897000
CY2021Q4 us-gaap Loans Held For Sale Fair Value Disclosure
LoansHeldForSaleFairValueDisclosure
552935000
CY2021Q4 rc Loans Held For Sale Fair Value Disclosure Unpaid Principal Balance
LoansHeldForSaleFairValueDisclosureUnpaidPrincipalBalance
540760000
CY2022Q1 rc Total Loans Net And Loans Held For Sale Fair Value Disclosure
TotalLoansNetAndLoansHeldForSaleFairValueDisclosure
9513440000
CY2022Q1 rc Total Loans Net And Loans Held For Sale Unpaid Principal Balance
TotalLoansNetAndLoansHeldForSaleUnpaidPrincipalBalance
9639082000
CY2021Q4 rc Total Loans Net And Loans Held For Sale Fair Value Disclosure
TotalLoansNetAndLoansHeldForSaleFairValueDisclosure
7550229000
CY2021Q4 rc Total Loans Net And Loans Held For Sale Unpaid Principal Balance
TotalLoansNetAndLoansHeldForSaleUnpaidPrincipalBalance
7644183000
CY2022Q1 rc Paycheck Protection Program Loans
PaycheckProtectionProgramLoans
554656000
CY2022Q1 rc Paycheck Protection Program Loans Unpaid Principal Balance
PaycheckProtectionProgramLoansUnpaidPrincipalBalance
600065000
CY2021Q4 rc Paycheck Protection Program Loans
PaycheckProtectionProgramLoans
870352000
CY2021Q4 rc Paycheck Protection Program Loans Unpaid Principal Balance
PaycheckProtectionProgramLoansUnpaidPrincipalBalance
931009000
CY2022Q1 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
10068096000
CY2022Q1 rc Loans And Leases Receivable Unpaid Principal Balance Net Amount Total
LoansAndLeasesReceivableUnpaidPrincipalBalanceNetAmountTotal
10239147000
CY2021Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
8420581000
CY2021Q4 rc Loans And Leases Receivable Unpaid Principal Balance Net Amount Total
LoansAndLeasesReceivableUnpaidPrincipalBalanceNetAmountTotal
8575192000
CY2022Q1 rc Loans And Leases Receivable Allowance Special And Purchased Deteriorated Credit And
LoansAndLeasesReceivableAllowanceSpecialAndPurchasedDeterioratedCreditAnd
21200000
CY2022Q1 rc Allowances On Purchased Credit Deteriorated Loans
AllowancesOnPurchasedCreditDeterioratedLoans
5000000.0
CY2021Q4 rc Loans And Leases Receivable Special Allowance
LoansAndLeasesReceivableSpecialAllowance
17300000
CY2022Q1 rc Loans And Leases Receivable Net Amount Unpaid Principal Amount Including Loans Of Consolidated Variable Interest Entities
LoansAndLeasesReceivableNetAmountUnpaidPrincipalAmountIncludingLoansOfConsolidatedVariableInterestEntities
9112185000
CY2022Q1 us-gaap Financing Receivable Originated In Current Fiscal Year
FinancingReceivableOriginatedInCurrentFiscalYear
1513176000
CY2022Q1 us-gaap Financing Receivable Originated In Fiscal Year Before Latest Fiscal Year
FinancingReceivableOriginatedInFiscalYearBeforeLatestFiscalYear
4093031000
CY2022Q1 us-gaap Financing Receivable Originated Two Years Before Latest Fiscal Year
FinancingReceivableOriginatedTwoYearsBeforeLatestFiscalYear
584529000
CY2022Q1 us-gaap Financing Receivable Originated Three Years Before Latest Fiscal Year
FinancingReceivableOriginatedThreeYearsBeforeLatestFiscalYear
1195181000
CY2022Q1 us-gaap Financing Receivable Originated Four Years Before Latest Fiscal Year
FinancingReceivableOriginatedFourYearsBeforeLatestFiscalYear
513673000
CY2022Q1 us-gaap Financing Receivable Originated Five Or More Years Before Latest Fiscal Year
FinancingReceivableOriginatedFiveOrMoreYearsBeforeLatestFiscalYear
1120706000
CY2022Q1 rc Loans And Leases Receivable Net Amount Including Loans Of Consolidated Variable Interest Entities
LoansAndLeasesReceivableNetAmountIncludingLoansOfConsolidatedVariableInterestEntities
9020296000
CY2022Q1 rc Loans And Leases General Allowance For Loan Losses Assessed On Collective Basis
LoansAndLeasesGeneralAllowanceForLoanLossesAssessedOnCollectiveBasis
30070000
CY2022Q1 rc Loans And Leases Receivable Amount Including Loans Of Consolidated Variable Interest Entities Net Of General Allowance For Loan Losses
LoansAndLeasesReceivableAmountIncludingLoansOfConsolidatedVariableInterestEntitiesNetOfGeneralAllowanceForLoanLosses
8990226000
CY2021Q4 rc Loans And Leases Receivable Net Amount Unpaid Principal Amount Including Loans Of Consolidated Variable Interest Entities
LoansAndLeasesReceivableNetAmountUnpaidPrincipalAmountIncludingLoansOfConsolidatedVariableInterestEntities
7103423000
CY2021Q4 us-gaap Financing Receivable Originated In Current Fiscal Year
FinancingReceivableOriginatedInCurrentFiscalYear
3702631000
CY2021Q4 us-gaap Financing Receivable Originated In Fiscal Year Before Latest Fiscal Year
FinancingReceivableOriginatedInFiscalYearBeforeLatestFiscalYear
605289000
CY2021Q4 us-gaap Financing Receivable Originated Two Years Before Latest Fiscal Year
FinancingReceivableOriginatedTwoYearsBeforeLatestFiscalYear
974892000
CY2021Q4 us-gaap Financing Receivable Originated Three Years Before Latest Fiscal Year
FinancingReceivableOriginatedThreeYearsBeforeLatestFiscalYear
523579000
CY2021Q4 us-gaap Financing Receivable Originated Four Years Before Latest Fiscal Year
FinancingReceivableOriginatedFourYearsBeforeLatestFiscalYear
173349000
CY2021Q4 us-gaap Financing Receivable Originated Five Or More Years Before Latest Fiscal Year
FinancingReceivableOriginatedFiveOrMoreYearsBeforeLatestFiscalYear
1045667000
CY2021Q4 rc Loans And Leases Receivable Net Amount Including Loans Of Consolidated Variable Interest Entities
LoansAndLeasesReceivableNetAmountIncludingLoansOfConsolidatedVariableInterestEntities
7025407000
CY2021Q4 rc Loans And Leases General Allowance For Loan Losses Assessed On Collective Basis
LoansAndLeasesGeneralAllowanceForLoanLossesAssessedOnCollectiveBasis
28113000
CY2021Q4 rc Loans And Leases Receivable Amount Including Loans Of Consolidated Variable Interest Entities Net Of General Allowance For Loan Losses
LoansAndLeasesReceivableAmountIncludingLoansOfConsolidatedVariableInterestEntitiesNetOfGeneralAllowanceForLoanLosses
6997294000
CY2022Q1 rc Loans And Leases Receivable Net Amount Unpaid Principal Amount Including Loans Of Consolidated Variable Interest Entities
LoansAndLeasesReceivableNetAmountUnpaidPrincipalAmountIncludingLoansOfConsolidatedVariableInterestEntities
9112185000
CY2022Q1 us-gaap Financing Receivable Originated In Current Fiscal Year
FinancingReceivableOriginatedInCurrentFiscalYear
1513176000
CY2022Q1 us-gaap Financing Receivable Originated In Fiscal Year Before Latest Fiscal Year
FinancingReceivableOriginatedInFiscalYearBeforeLatestFiscalYear
4093031000
CY2022Q1 us-gaap Financing Receivable Originated Two Years Before Latest Fiscal Year
FinancingReceivableOriginatedTwoYearsBeforeLatestFiscalYear
584529000
CY2022Q1 us-gaap Financing Receivable Originated Three Years Before Latest Fiscal Year
FinancingReceivableOriginatedThreeYearsBeforeLatestFiscalYear
1195181000
CY2022Q1 us-gaap Financing Receivable Originated Four Years Before Latest Fiscal Year
FinancingReceivableOriginatedFourYearsBeforeLatestFiscalYear
513673000
CY2022Q1 us-gaap Financing Receivable Originated Five Or More Years Before Latest Fiscal Year
FinancingReceivableOriginatedFiveOrMoreYearsBeforeLatestFiscalYear
1120706000
CY2022Q1 rc Loans And Leases Receivable Net Amount Including Loans Of Consolidated Variable Interest Entities
LoansAndLeasesReceivableNetAmountIncludingLoansOfConsolidatedVariableInterestEntities
9020296000
CY2022Q1 rc Loans And Leases General Allowance For Loan Losses Assessed On Collective Basis
LoansAndLeasesGeneralAllowanceForLoanLossesAssessedOnCollectiveBasis
30070000
CY2022Q1 rc Loans And Leases Receivable Amount Including Loans Of Consolidated Variable Interest Entities Net Of General Allowance For Loan Losses
LoansAndLeasesReceivableAmountIncludingLoansOfConsolidatedVariableInterestEntitiesNetOfGeneralAllowanceForLoanLosses
8990226000
CY2021Q4 rc Loans And Leases Receivable Net Amount Unpaid Principal Amount Including Loans Of Consolidated Variable Interest Entities
LoansAndLeasesReceivableNetAmountUnpaidPrincipalAmountIncludingLoansOfConsolidatedVariableInterestEntities
7103423000
CY2021Q4 us-gaap Financing Receivable Originated In Current Fiscal Year
FinancingReceivableOriginatedInCurrentFiscalYear
3702631000
CY2021Q4 us-gaap Financing Receivable Originated In Fiscal Year Before Latest Fiscal Year
FinancingReceivableOriginatedInFiscalYearBeforeLatestFiscalYear
605289000
CY2021Q4 us-gaap Financing Receivable Originated Two Years Before Latest Fiscal Year
FinancingReceivableOriginatedTwoYearsBeforeLatestFiscalYear
974892000
CY2021Q4 us-gaap Financing Receivable Originated Three Years Before Latest Fiscal Year
FinancingReceivableOriginatedThreeYearsBeforeLatestFiscalYear
523579000
CY2021Q4 us-gaap Financing Receivable Originated Four Years Before Latest Fiscal Year
FinancingReceivableOriginatedFourYearsBeforeLatestFiscalYear
173349000
CY2021Q4 us-gaap Financing Receivable Originated Five Or More Years Before Latest Fiscal Year
FinancingReceivableOriginatedFiveOrMoreYearsBeforeLatestFiscalYear
1045667000
CY2021Q4 rc Loans And Leases Receivable Net Amount Including Loans Of Consolidated Variable Interest Entities
LoansAndLeasesReceivableNetAmountIncludingLoansOfConsolidatedVariableInterestEntities
7025407000
CY2021Q4 rc Loans And Leases General Allowance For Loan Losses Assessed On Collective Basis
LoansAndLeasesGeneralAllowanceForLoanLossesAssessedOnCollectiveBasis
28113000
CY2021Q4 rc Loans And Leases Receivable Amount Including Loans Of Consolidated Variable Interest Entities Net Of General Allowance For Loan Losses
LoansAndLeasesReceivableAmountIncludingLoansOfConsolidatedVariableInterestEntitiesNetOfGeneralAllowanceForLoanLosses
6997294000
CY2022Q1 rc Loans And Leases Receivable Net Amount Including Loans Of Consolidated Variable Interest Entities
LoansAndLeasesReceivableNetAmountIncludingLoansOfConsolidatedVariableInterestEntities
9020296000
CY2022Q1 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
183909000
CY2022Q1 rc Loans And Leases General Allowance For Loan Losses Assessed On Collective Basis
LoansAndLeasesGeneralAllowanceForLoanLossesAssessedOnCollectiveBasis
30070000
CY2022Q1 rc Loans And Leases Receivable Amount Including Loans Of Consolidated Variable Interest Entities Net Of General Allowance For Loan Losses
LoansAndLeasesReceivableAmountIncludingLoansOfConsolidatedVariableInterestEntitiesNetOfGeneralAllowanceForLoanLosses
8990226000
CY2022Q1 rc Loans And Leases Receivable Percentage Of Total Outstanding
LoansAndLeasesReceivablePercentageOfTotalOutstanding
1
CY2022Q1 us-gaap Financing Receivable Nonaccrual Percent Past Due1
FinancingReceivableNonaccrualPercentPastDue1
0.020
CY2021Q4 rc Loans And Leases Receivable Net Amount Including Loans Of Consolidated Variable Interest Entities
LoansAndLeasesReceivableNetAmountIncludingLoansOfConsolidatedVariableInterestEntities
7025407000
CY2021Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
99503000
CY2021Q4 rc Loans And Leases General Allowance For Loan Losses Assessed On Collective Basis
LoansAndLeasesGeneralAllowanceForLoanLossesAssessedOnCollectiveBasis
28113000
CY2021Q4 rc Loans And Leases Receivable Amount Including Loans Of Consolidated Variable Interest Entities Net Of General Allowance For Loan Losses
LoansAndLeasesReceivableAmountIncludingLoansOfConsolidatedVariableInterestEntitiesNetOfGeneralAllowanceForLoanLosses
6997294000
CY2021 rc Loans And Leases Receivable Percentage Of Total Outstanding
LoansAndLeasesReceivablePercentageOfTotalOutstanding
1
CY2021Q4 us-gaap Financing Receivable Nonaccrual Percent Past Due1
FinancingReceivableNonaccrualPercentPastDue1
0.014
CY2022Q1 rc Loans And Leases Receivable Net Amount Including Loans Of Consolidated Variable Interest Entities
LoansAndLeasesReceivableNetAmountIncludingLoansOfConsolidatedVariableInterestEntities
9020296000
CY2022Q1 rc Loans And Leases General Allowance For Loan Losses Assessed On Collective Basis
LoansAndLeasesGeneralAllowanceForLoanLossesAssessedOnCollectiveBasis
30070000
CY2022Q1 rc Loans And Leases Receivable Amount Including Loans Of Consolidated Variable Interest Entities Net Of General Allowance For Loan Losses
LoansAndLeasesReceivableAmountIncludingLoansOfConsolidatedVariableInterestEntitiesNetOfGeneralAllowanceForLoanLosses
8990226000
CY2021Q4 rc Loans And Leases Receivable Net Amount Including Loans Of Consolidated Variable Interest Entities
LoansAndLeasesReceivableNetAmountIncludingLoansOfConsolidatedVariableInterestEntities
7025407000
CY2021Q4 rc Loans And Leases General Allowance For Loan Losses Assessed On Collective Basis
LoansAndLeasesGeneralAllowanceForLoanLossesAssessedOnCollectiveBasis
28113000
CY2021Q4 rc Loans And Leases Receivable Amount Including Loans Of Consolidated Variable Interest Entities Net Of General Allowance For Loan Losses
LoansAndLeasesReceivableAmountIncludingLoansOfConsolidatedVariableInterestEntitiesNetOfGeneralAllowanceForLoanLosses
6997294000
CY2022Q1 rc Loans And Leases General Allowance For Loan Losses Assessed On Collective Basis
LoansAndLeasesGeneralAllowanceForLoanLossesAssessedOnCollectiveBasis
30070000
CY2022Q1 rc Loans And Leases Receivable Special Allowance
LoansAndLeasesReceivableSpecialAllowance
16174000
CY2022Q1 rc Allowances On Purchased Credit Deteriorated Loans
AllowancesOnPurchasedCreditDeterioratedLoans
5000000
CY2022Q1 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
51244000
CY2021Q4 rc Loans And Leases General Allowance For Loan Losses Assessed On Collective Basis
LoansAndLeasesGeneralAllowanceForLoanLossesAssessedOnCollectiveBasis
28113000
CY2021Q4 rc Loans And Leases Receivable Special Allowance
LoansAndLeasesReceivableSpecialAllowance
17264000
CY2021Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
45377000
CY2022Q1 us-gaap Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
173000
CY2021Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
45377000
CY2022Q1 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
1241000
CY2022Q1 rc Allowances On Purchased Credit Deteriorated Loans
AllowancesOnPurchasedCreditDeterioratedLoans
5000000
CY2022Q1 us-gaap Allowance For Loan And Lease Losses Adjustments Net
AllowanceForLoanAndLeaseLossesAdjustmentsNet
-201000
CY2022Q1 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
51244000
CY2020Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
46732000
CY2021Q1 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
563000
CY2021Q1 us-gaap Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
1658000
CY2021Q1 us-gaap Allowance For Loan And Lease Losses Adjustments Net
AllowanceForLoanAndLeaseLossesAdjustmentsNet
12000
CY2021Q1 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
45649000
CY2022Q1 rc Financing Receivable Modifications Recorded Investment Accruing
FinancingReceivableModificationsRecordedInvestmentAccruing
12632000
CY2021Q4 rc Financing Receivable Modifications Recorded Investment Accruing
FinancingReceivableModificationsRecordedInvestmentAccruing
8526000
CY2022Q1 rc Financing Receivable Modifications Recorded Investment Nonaccrual
FinancingReceivableModificationsRecordedInvestmentNonaccrual
17076000
CY2021Q4 rc Financing Receivable Modifications Recorded Investment Nonaccrual
FinancingReceivableModificationsRecordedInvestmentNonaccrual
22629000
CY2022Q1 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
29708000
CY2021Q4 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
31155000
CY2022Q1 us-gaap Financing Receivable Change In Method Credit Loss Expense Reversal
FinancingReceivableChangeInMethodCreditLossExpenseReversal
1971000
CY2021 us-gaap Financing Receivable Change In Method Credit Loss Expense Reversal
FinancingReceivableChangeInMethodCreditLossExpenseReversal
2672000
CY2022Q1 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
4
CY2021Q1 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
8
CY2022Q1 us-gaap Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
962000
CY2021Q1 us-gaap Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
2718000
CY2022Q1 us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
650000
CY2021Q1 us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
2251000
CY2022Q1 us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
1
CY2022Q1 us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
496000
CY2022Q1 rc Financing Receivable Modifications Modifications Including Financial Effects
FinancingReceivableModificationsModificationsIncludingFinancialEffects
650000
CY2021Q1 rc Financing Receivable Modifications Modifications Including Financial Effects
FinancingReceivableModificationsModificationsIncludingFinancialEffects
2250000
CY2022Q1 us-gaap Mortgage Loans In Process Of Foreclosure Amount
MortgageLoansInProcessOfForeclosureAmount
700000
CY2021Q4 us-gaap Mortgage Loans In Process Of Foreclosure Amount
MortgageLoansInProcessOfForeclosureAmount
2300000
CY2022Q1 us-gaap Servicing Asset
ServicingAsset
244143000
CY2021Q1 us-gaap Servicing Asset
ServicingAsset
138941000
CY2022Q1 us-gaap Principal Amount Outstanding On Loans Securitized
PrincipalAmountOutstandingOnLoansSecuritized
5373589000
CY2022Q1 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
84309000
CY2021Q4 us-gaap Principal Amount Outstanding On Loans Securitized
PrincipalAmountOutstandingOnLoansSecuritized
5089157000
CY2021Q4 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
84457000
CY2022Q1 rc Servicing Rights Amortization Expense Year One
ServicingRightsAmortizationExpenseYearOne
10792000
CY2022Q1 rc Servicing Rights Amortization Expense Year Two
ServicingRightsAmortizationExpenseYearTwo
10976000
CY2022Q1 rc Servicing Rights Amortization Expense Year Three
ServicingRightsAmortizationExpenseYearThree
9973000
CY2022Q1 rc Servicing Rights Amortization Expense Year Four
ServicingRightsAmortizationExpenseYearFour
8857000
CY2022Q1 rc Servicing Rights Amortization Expense Year Five
ServicingRightsAmortizationExpenseYearFive
7947000
CY2022Q1 rc Servicing Rights Amortization Expense After Year Five
ServicingRightsAmortizationExpenseAfterYearFive
35764000
CY2022Q1 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
84309000
CY2022Q1 us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
-5087000
CY2021Q1 us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
29560000
CY2022Q1 rc Creation Of New Mortgage Servicing Rights Net Of Payoffs
CreationOfNewMortgageServicingRightsNetOfPayoffs
7094000
CY2021Q1 rc Creation Of New Mortgage Servicing Rights Net Of Payoffs
CreationOfNewMortgageServicingRightsNetOfPayoffs
6348000
CY2022Q1 us-gaap Interest And Fee Income Loans Consumer Real Estate
InterestAndFeeIncomeLoansConsumerRealEstate
4110000
CY2021Q1 us-gaap Interest And Fee Income Loans Consumer Real Estate
InterestAndFeeIncomeLoansConsumerRealEstate
6232000
CY2022Q1 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
2307000
CY2021Q1 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-731000
CY2022Q1 us-gaap Interest And Fee Income Loans Consumer
InterestAndFeeIncomeLoansConsumer
8424000
CY2021Q1 us-gaap Interest And Fee Income Loans Consumer
InterestAndFeeIncomeLoansConsumer
41409000
CY2022Q1 rc Correspondent Fees And Other Direct Loan Expenses
CorrespondentFeesAndOtherDirectLoanExpenses
979000
CY2021Q1 rc Correspondent Fees And Other Direct Loan Expenses
CorrespondentFeesAndOtherDirectLoanExpenses
15485000
CY2021Q2 rc At Market Issuance Sales Agreement Debt Notes Authorized To Be Sold
AtMarketIssuanceSalesAgreementDebtNotesAuthorizedToBeSold
100000000.0
CY2022Q1 us-gaap Long Term Debt
LongTermDebt
902103000
CY2022Q1 us-gaap Debt Instrument Convertible Carrying Amount Of The Equity Component
DebtInstrumentConvertibleCarryingAmountOfTheEquityComponent
534000
CY2022Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
115000000
CY2022Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
659527000
CY2022Q1 rc Long Term Debt Maturities Repayments Of Principal After Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFour
146250000
CY2022Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
920777000
CY2022Q1 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
18674000
CY2022Q1 us-gaap Long Term Debt
LongTermDebt
902103000
CY2022Q1 us-gaap Contractual Obligation Future Minimum Payments Due Remainder Of Fiscal Year
ContractualObligationFutureMinimumPaymentsDueRemainderOfFiscalYear
681000
CY2022Q1 us-gaap Contractual Obligation Due In Next Twelve Months
ContractualObligationDueInNextTwelveMonths
641000
CY2022Q1 us-gaap Contractual Obligation Due In Second Year
ContractualObligationDueInSecondYear
1683000
CY2022Q1 us-gaap Contractual Obligation Due In Third Year
ContractualObligationDueInThirdYear
2260000
CY2022Q1 us-gaap Contractual Obligation Due In Fourth Year
ContractualObligationDueInFourthYear
5615000
CY2022Q1 rc Contractual Obligation Due After Fourth Year
ContractualObligationDueAfterFourthYear
321518000
CY2022Q1 us-gaap Contractual Obligation
ContractualObligation
332398000
CY2022Q1 rc Principal Amount Outstanding On Loans Securitized Non Company Sponsored
PrincipalAmountOutstandingOnLoansSecuritizedNonCompanySponsored
18000000.0
CY2021Q4 rc Principal Amount Outstanding On Loans Securitized Non Company Sponsored
PrincipalAmountOutstandingOnLoansSecuritizedNonCompanySponsored
30600000
CY2022Q1 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
117700000
CY2021Q1 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
67509000
CY2022Q1 us-gaap Interest And Fee Income Loans And Leases Held For Sale
InterestAndFeeIncomeLoansAndLeasesHeldForSale
4371000
CY2021Q1 us-gaap Interest And Fee Income Loans And Leases Held For Sale
InterestAndFeeIncomeLoansAndLeasesHeldForSale
2730000
CY2022Q1 rc Interest And Fee Income Paycheck Protection Program Loans
InterestAndFeeIncomePaycheckProtectionProgramLoans
607000
CY2022Q1 us-gaap Interest Income Securities Mortgage Backed
InterestIncomeSecuritiesMortgageBacked
1727000
CY2021Q1 us-gaap Interest Income Securities Mortgage Backed
InterestIncomeSecuritiesMortgageBacked
3132000
CY2022Q1 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
124405000
CY2021Q1 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
73371000
CY2022Q1 us-gaap Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
19623000
CY2021Q1 us-gaap Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
17574000
CY2022Q1 rc Interest Expense Paycheck Protection Program Liquidity Financing Borrowings
InterestExpensePaycheckProtectionProgramLiquidityFinancingBorrowings
688000
CY2021Q1 rc Interest Expense Paycheck Protection Program Liquidity Financing Borrowings
InterestExpensePaycheckProtectionProgramLiquidityFinancingBorrowings
334000
CY2022Q1 us-gaap Interest Expense Beneficial Interests Issued By Consolidated Variable Interest Entities
InterestExpenseBeneficialInterestsIssuedByConsolidatedVariableInterestEntities
24251000
CY2021Q1 us-gaap Interest Expense Beneficial Interests Issued By Consolidated Variable Interest Entities
InterestExpenseBeneficialInterestsIssuedByConsolidatedVariableInterestEntities
19093000
CY2022Q1 us-gaap Financing Interest Expense
FinancingInterestExpense
3085000
CY2021Q1 us-gaap Financing Interest Expense
FinancingInterestExpense
3651000
CY2022Q1 rc Interest Expense Senior Secured Note
InterestExpenseSeniorSecuredNote
4357000
CY2021Q1 rc Interest Expense Senior Secured Note
InterestExpenseSeniorSecuredNote
3459000
CY2022Q1 rc Interest Expense Convertible Note
InterestExpenseConvertibleNote
2188000
CY2021Q1 rc Interest Expense Convertible Note
InterestExpenseConvertibleNote
2188000
CY2022Q1 rc Interest Expense Corporate Debt
InterestExpenseCorporateDebt
6825000
CY2021Q1 rc Interest Expense Corporate Debt
InterestExpenseCorporateDebt
4462000
CY2022Q1 us-gaap Interest Expense
InterestExpense
61017000
CY2021Q1 us-gaap Interest Expense
InterestExpense
50761000
CY2022Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
63388000
CY2021Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
22610000
CY2022Q1 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
1619951000
CY2022Q1 rc Derivative Asset Fair Value Asset
DerivativeAssetFairValueAsset
36852000
CY2022Q1 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
2620000
CY2021Q4 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
1258380000
CY2021Q4 rc Derivative Asset Fair Value Asset
DerivativeAssetFairValueAsset
7022000
CY2021Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
410000
CY2022Q1 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-1125000
CY2022Q1 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
29240000
CY2021Q1 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-1825000
CY2021Q1 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
7411000
CY2022Q1 rc Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Real Estate Held For Sale
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedRealEstateHeldForSale
5770000
CY2021Q4 rc Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Real Estate Held For Sale
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedRealEstateHeldForSale
7338000
CY2022Q1 rc Other Real Estate Acquired Through Foreclosure
OtherRealEstateAcquiredThroughForeclosure
113437000
CY2021Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
11986000
CY2022Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
26914000
CY2021Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
42715000
CY2022Q1 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
28374000
CY2021Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
22278000
CY2022Q1 us-gaap Servicing Liability
ServicingLiability
12218000
CY2021Q4 us-gaap Servicing Liability
ServicingLiability
19100000
CY2021Q4 rc Lease Payable
LeasePayable
3002000
CY2022Q1 us-gaap Deferred Revenue
DeferredRevenue
213000
CY2021Q4 us-gaap Deferred Revenue
DeferredRevenue
286000
CY2021Q4 rc Other Real Estate Acquired Through Foreclosure
OtherRealEstateAcquiredThroughForeclosure
34950000
CY2022Q1 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
119207000
CY2021Q4 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
42288000
CY2022Q1 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
3601000
CY2021Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
3601000
CY2022Q1 rc Deferred Loan Exit Fees
DeferredLoanExitFees
30394000
CY2021Q4 rc Deferred Loan Exit Fees
DeferredLoanExitFees
25923000
CY2022Q1 us-gaap Interest Receivable
InterestReceivable
46364000
CY2021Q4 us-gaap Interest Receivable
InterestReceivable
21873000
CY2022Q1 us-gaap Goodwill
Goodwill
32704000
CY2021Q4 us-gaap Goodwill
Goodwill
31470000
CY2022Q1 rc Due From Servicers
DueFromServicers
25116000
CY2021Q4 rc Due From Servicers
DueFromServicers
23729000
CY2022Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
2089000
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
2402000
CY2022Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
14435000
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
14842000
CY2022Q1 rc Deferred Finance Costs Excluding Secured Debt Offerings Net
DeferredFinanceCostsExcludingSecuredDebtOfferingsNet
3893000
CY2021Q4 rc Deferred Finance Costs Excluding Secured Debt Offerings Net
DeferredFinanceCostsExcludingSecuredDebtOfferingsNet
3840000
CY2022Q1 rc Paycheck Protection Program Fee Receivable
PaycheckProtectionProgramFeeReceivable
370000
CY2021Q4 rc Paycheck Protection Program Fee Receivable
PaycheckProtectionProgramFeeReceivable
407000
CY2022Q1 rc Due From Third Parties
DueFromThirdParties
7319000
CY2021Q4 rc Due From Third Parties
DueFromThirdParties
29298000
CY2022Q1 us-gaap Other Assets
OtherAssets
19804000
CY2021Q4 us-gaap Other Assets
OtherAssets
14713000
CY2022Q1 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
186089000
CY2021Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
172098000
CY2022Q1 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
11986000
CY2022Q1 rc Repair And Denial Reserve
RepairAndDenialReserve
17532000
CY2021Q4 rc Repair And Denial Reserve
RepairAndDenialReserve
19725000
CY2022Q1 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
8471000
CY2021Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
5232000
CY2022Q1 us-gaap Accrued Professional Fees Current And Noncurrent
AccruedProfessionalFeesCurrentAndNoncurrent
3816000
CY2021Q4 us-gaap Accrued Professional Fees Current And Noncurrent
AccruedProfessionalFeesCurrentAndNoncurrent
4324000
CY2022Q1 rc Lease Payable
LeasePayable
2363000
CY2022Q1 rc Accrued Ppp Related Costs
AccruedPppRelatedCosts
9160000
CY2021Q4 rc Accrued Ppp Related Costs
AccruedPppRelatedCosts
12460000
CY2022Q1 us-gaap Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
63545000
CY2021Q4 us-gaap Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
42303000
CY2022Q1 us-gaap Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
184592000
CY2021Q4 us-gaap Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
183411000
CY2022Q1 us-gaap Goodwill
Goodwill
32704000
CY2021Q4 us-gaap Goodwill
Goodwill
31470000
CY2022Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
14435000
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
14842000
CY2022Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
400000
CY2021Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
300000
CY2022Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
4441000
CY2022Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
1219000
CY2022Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
1599000
CY2022Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
1390000
CY2022Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
1144000
CY2022Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
477000
CY2022Q1 rc Finite Lived Intangible Assets Amortization Expense After Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFour
5106000
CY2022Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
10935000
CY2022Q1 rc Loan Indemnification Reserve
LoanIndemnificationReserve
3600000
CY2021Q4 rc Loan Indemnification Reserve
LoanIndemnificationReserve
4000000.0
CY2022Q1 rc Origination Income
OriginationIncome
1654000
CY2021Q1 rc Origination Income
OriginationIncome
1613000
CY2022Q1 rc Release Of Repair And Denial Reserve
ReleaseOfRepairAndDenialReserve
2193000
CY2021Q1 rc Release Of Repair And Denial Reserve
ReleaseOfRepairAndDenialReserve
-2069000
CY2022Q1 us-gaap Other Operating Income
OtherOperatingIncome
2654000
CY2021Q1 us-gaap Other Operating Income
OtherOperatingIncome
1027000
CY2022Q1 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
6501000
CY2021Q1 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
571000
CY2022Q1 rc Loan Origination Costs
LoanOriginationCosts
4934000
CY2021Q1 rc Loan Origination Costs
LoanOriginationCosts
8145000
CY2022Q1 us-gaap Communications And Information Technology
CommunicationsAndInformationTechnology
2040000
CY2021Q1 us-gaap Communications And Information Technology
CommunicationsAndInformationTechnology
1872000
CY2022Q1 rc Charge Off Of Real Estate Acquired In Settlement Of Loans
ChargeOffOfRealEstateAcquiredInSettlementOfLoans
1827000
CY2022Q1 rc Rent And Property Tax Expense
RentAndPropertyTaxExpense
1095000
CY2021Q1 rc Rent And Property Tax Expense
RentAndPropertyTaxExpense
1686000
CY2022Q1 rc Recruiting Training And Travel Expenses
RecruitingTrainingAndTravelExpenses
302000
CY2021Q1 rc Recruiting Training And Travel Expenses
RecruitingTrainingAndTravelExpenses
496000
CY2022Q1 us-gaap Marketing Expense
MarketingExpense
328000
CY2021Q1 us-gaap Marketing Expense
MarketingExpense
576000
CY2022Q1 rc Loan Acquisition Costs
LoanAcquisitionCosts
105000
CY2021Q1 rc Loan Acquisition Costs
LoanAcquisitionCosts
34000
CY2022Q1 rc Financing Costs On Purchased Future Receivables
FinancingCostsOnPurchasedFutureReceivables
30000
CY2021Q1 rc Financing Costs On Purchased Future Receivables
FinancingCostsOnPurchasedFutureReceivables
24000
CY2022Q1 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
64263000
CY2022Q1 us-gaap Other Expenses
OtherExpenses
1992000
CY2021Q1 us-gaap Other Expenses
OtherExpenses
2651000
CY2022Q1 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
12653000
CY2021Q1 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
15484000
CY2021Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.30
CY2021Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.10
CY2021Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.42
CY2021Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.42
CY2021Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.42
CY2022Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.42
CY2022Q1 rc Percentage Of Shares Of Common Stock Issued And Outstanding On Fully Diluted Basis
PercentageOfSharesOfCommonStockIssuedAndOutstandingOnFullyDilutedBasis
0.05
CY2022Q1 rc Non Cash Compensation Expense Not Yet Charged To Net Income
NonCashCompensationExpenseNotYetChargedToNetIncome
14700000
CY2021 rc Non Cash Compensation Expense Not Yet Charged To Net Income
NonCashCompensationExpenseNotYetChargedToNetIncome
13500000
CY2022Q1 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
7000000
CY2022Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2022Q1 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
15.30
CY2022Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
106600000
CY2021Q1 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
28947000
CY2022Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
775000
CY2021Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
659000
CY2022Q1 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
2412000
CY2021Q1 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
657000
CY2022Q1 rc Net Income Loss From Continuing Operations Basic
NetIncomeLossFromContinuingOperationsBasic
61076000
CY2021Q1 rc Net Income Loss From Continuing Operations Basic
NetIncomeLossFromContinuingOperationsBasic
27631000
CY2022Q1 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
64263000
CY2021Q1 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
28947000
CY2022Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
775000
CY2021Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
659000
CY2022Q1 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
2412000
CY2021Q1 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
657000
CY2022Q1 rc Expenses Attributable To Dilutive Instruments
ExpensesAttributableToDilutiveInstruments
2319000
CY2022Q1 rc Net Income Loss From Continuing Operations Diluted
NetIncomeLossFromContinuingOperationsDiluted
63395000
CY2021Q1 rc Net Income Loss From Continuing Operations Diluted
NetIncomeLossFromContinuingOperationsDiluted
27631000
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
87707281
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
56817632
CY2022Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
7695213
CY2021Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
25816
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
95402494
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
56843448
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.70
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.49
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.66
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.49
CY2022Q1 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
36958000
CY2022Q1 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
106000
CY2022Q1 us-gaap Derivative Assets
DerivativeAssets
36852000
CY2022Q1 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
15345000
CY2022Q1 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
21507000
CY2022Q1 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Gross
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross
3904695000
CY2022Q1 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Asset
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAsset
306000
CY2022Q1 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoaned
3904389000
CY2022Q1 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Securities
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimSecurities
3828980000
CY2022Q1 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Amount Offset Against Collateral
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAmountOffsetAgainstCollateral
75409000
CY2021Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
9150000
CY2021Q4 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
2128000
CY2021Q4 us-gaap Derivative Assets
DerivativeAssets
7022000
CY2021Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
7022000
CY2021Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Gross
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross
3463473000
CY2021Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Asset
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAsset
3958000
CY2021Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoaned
3459515000
CY2021Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Securities
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimSecurities
3387949000
CY2021Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Amount Offset Against Collateral
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAmountOffsetAgainstCollateral
71566000
CY2022Q1 rc Nondeductible Excise Tax Rate
NondeductibleExciseTaxRate
0.04
CY2022Q1 rc Income Tax Reconciliation Net Operating Loss Carryback Change In Tax Provisions
IncomeTaxReconciliationNetOperatingLossCarrybackChangeInTaxProvisions
2700000
CY2022Q1 rc Net Operating Loss Carryback Period Cares Act
NetOperatingLossCarrybackPeriodCaresAct
P5Y
CY2022Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
4
CY2022Q1 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
124405000
CY2022Q1 us-gaap Interest Expense
InterestExpense
61017000
CY2022Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
63388000
CY2022Q1 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
1542000
CY2022Q1 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
61846000
CY2022Q1 us-gaap Interest And Fee Income Loans Consumer
InterestAndFeeIncomeLoansConsumer
8424000
CY2022Q1 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
8007000
CY2022Q1 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
45315000
CY2022Q1 rc Bank Servicing Income
BankServicingIncome
10528000
CY2022Q1 rc Non Interest Income On Purchased Future Receivables
NonInterestIncomeOnPurchasedFutureReceivables
2469000
CY2022Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
6563000
CY2022Q1 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
6501000
CY2022Q1 us-gaap Noninterest Income
NoninterestIncome
87807000
CY2022Q1 us-gaap Labor And Related Expense
LaborAndRelatedExpense
27968000
CY2022Q1 rc Related Party Transaction Allocated Employee Compensation And Benefits
RelatedPartyTransactionAllocatedEmployeeCompensationAndBenefits
3000000
CY2022Q1 rc Correspondent Fees And Other Direct Loan Expenses
CorrespondentFeesAndOtherDirectLoanExpenses
979000
CY2022Q1 us-gaap Professional Fees
ProfessionalFees
5126000
CY2022Q1 us-gaap Management Fee Expense
ManagementFeeExpense
3196000
CY2022Q1 us-gaap Loan Portfolio Expense
LoanPortfolioExpense
8920000
CY2022Q1 us-gaap Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
5699000
CY2022Q1 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
12653000
CY2022Q1 us-gaap Noninterest Expense
NoninterestExpense
67541000
CY2022Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
82112000
CY2022Q1 rc Assets Excluding Assets Of Discontinued Operations
AssetsExcludingAssetsOfDiscontinuedOperations
11476244000
CY2021Q1 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
73371000
CY2021Q1 us-gaap Interest Expense
InterestExpense
50761000
CY2021Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
22610000
CY2021Q1 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
-8000
CY2021Q1 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
22618000
CY2021Q1 us-gaap Interest And Fee Income Loans Consumer
InterestAndFeeIncomeLoansConsumer
41409000
CY2021Q1 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
8846000
CY2021Q1 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
20996000
CY2021Q1 rc Non Interest Income On Purchased Future Receivables
NonInterestIncomeOnPurchasedFutureReceivables
2317000
CY2021Q1 rc Bank Servicing Income
BankServicingIncome
15635000
CY2021Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-809000
CY2021Q1 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
571000
CY2021Q1 us-gaap Noninterest Income
NoninterestIncome
88965000
CY2021Q1 us-gaap Labor And Related Expense
LaborAndRelatedExpense
22777000
CY2021Q1 rc Related Party Transaction Allocated Employee Compensation And Benefits
RelatedPartyTransactionAllocatedEmployeeCompensationAndBenefits
2123000
CY2021Q1 rc Correspondent Fees And Other Direct Loan Expenses
CorrespondentFeesAndOtherDirectLoanExpenses
15485000
CY2021Q1 us-gaap Professional Fees
ProfessionalFees
2982000
CY2021Q1 us-gaap Management Fee Expense
ManagementFeeExpense
2693000
CY2021Q1 us-gaap Loan Portfolio Expense
LoanPortfolioExpense
6104000
CY2021Q1 us-gaap Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
6307000
CY2021Q1 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
15484000
CY2021Q1 us-gaap Noninterest Expense
NoninterestExpense
73955000
CY2021Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
37628000
CY2021Q1 rc Assets Excluding Assets Of Discontinued Operations
AssetsExcludingAssetsOfDiscontinuedOperations
8016955000

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