2023 Q3 Form 10-Q Financial Statement

#000155837023013980 Filed on August 08, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2 2022 Q2
Revenue $250.6M $232.9M $153.7M
YoY Change 16.97% 51.55% 49.13%
Cost Of Revenue $210.5M $189.3M $81.34M
YoY Change 57.93% 132.69% 4.9%
Gross Profit $65.40M $72.06M $83.61M
YoY Change -19.2% -13.82% 35.94%
Gross Profit Margin 26.1% 30.94% 54.41%
Selling, General & Admin $29.30M $31.59M $29.46M
YoY Change -0.51% 7.24% 0.49%
% of Gross Profit 44.8% 43.84% 35.23%
Research & Development $2.603M $2.156M $2.376M
YoY Change -0.61% -9.26% 16.58%
% of Gross Profit 3.98% 2.99% 2.84%
Depreciation & Amortization $400.0K $400.0K $400.0K
YoY Change 0.0% 0.0% 33.33%
% of Gross Profit 0.61% 0.56% 0.48%
Operating Expenses $2.603M $2.156M $2.376M
YoY Change -94.26% -9.26% 16.58%
Operating Profit $62.80M $69.90M $81.23M
YoY Change 76.45% -13.95% 36.6%
Interest Expense $191.6M $172.5M $80.83M
YoY Change 418.23% 113.46% 45.86%
% of Operating Profit 305.13% 246.82% 99.5%
Other Income/Expense, Net $5.095M $4.626M $6.159M
YoY Change -24.57% -24.89% 107.09%
Pretax Income $51.21M $258.5M $69.28M
YoY Change -27.91% 273.13% 82.81%
Income Tax $4.027M $5.141M $10.30M
% Of Pretax Income 7.86% 1.99% 14.87%
Net Earnings $47.18M $253.4M $58.97M
YoY Change -25.39% 329.7% 90.8%
Net Earnings / Revenue 18.83% 108.8% 38.37%
Basic Earnings Per Share $0.25 $1.87 $0.47
Diluted Earnings Per Share $0.25 $1.76 $0.45
COMMON SHARES
Basic Shares Outstanding 172.0M 110.7M 114.4M
Diluted Shares Outstanding 174.4M 141.6M 125.1M

Balance Sheet

Concept 2023 Q3 2023 Q2 2022 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $182.0M $227.5M $127.9M
YoY Change -12.52% 77.82% -36.26%
Cash & Equivalents $181.9M $227.5M $127.9M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $54.00M $42.19M $37.32M
Other Receivables $44.00M $36.08M $16.55M
Total Short-Term Assets $280.0M $305.8M $181.8M
YoY Change -5.46% 68.19% -21.44%
LONG-TERM ASSETS
Property, Plant & Equipment $5.000M $5.540M $1.828M
YoY Change 168.38% 203.06% -36.75%
Goodwill $37.82M $37.82M $34.17M
YoY Change 10.67% 83.94%
Intangibles $17.94M $17.52M $14.06M
YoY Change 24.63% 121.8%
Long-Term Investments $136.1M $3.970B $224.2M
YoY Change -97.14% 1670.54% 157.74%
Other Assets $81.00M $77.76M $104.8M
YoY Change -18.16% -25.82% 6.72%
Total Long-Term Assets $12.52B $12.08B $11.76B
YoY Change 8.28% 2.74% 34.42%
TOTAL ASSETS
Total Short-Term Assets $280.0M $305.8M $181.8M
Total Long-Term Assets $12.52B $12.08B $11.76B
Total Assets $12.80B $12.38B $11.94B
YoY Change 7.94% 3.73% 32.98%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $35.00M $43.54M $5.539M
YoY Change 441.04% 685.97% 89.95%
Accrued Expenses $102.0M $85.23M $71.47M
YoY Change 18.72% 19.26% -7.92%
Deferred Revenue
YoY Change
Short-Term Debt $57.00M $54.46M $53.54M
YoY Change 5.35% 1.71%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $259.0M $209.6M $181.7M
YoY Change 0.41% 15.34% -6.43%
LONG-TERM LIABILITIES
Long-Term Debt $9.721B $9.350B $9.500B
YoY Change 2.47% -1.58% 30.33%
Other Long-Term Liabilities $88.00M $81.31M $173.4M
YoY Change -25.18% -53.1% -2.13%
Total Long-Term Liabilities $9.809B $9.431B $9.673B
YoY Change 2.13% -2.5% 29.56%
TOTAL LIABILITIES
Total Short-Term Liabilities $259.0M $209.6M $181.7M
Total Long-Term Liabilities $9.809B $9.431B $9.673B
Total Liabilities $10.10B $9.772B $9.967B
YoY Change 1.17% -1.96% 29.77%
SHAREHOLDERS EQUITY
Retained Earnings $168.5M $187.1M $27.30M
YoY Change 585.54% -218.15%
Common Stock $17.00K $17.00K $11.00K
YoY Change 54.55% 57.14%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.592B $2.611B $1.859B
YoY Change
Total Liabilities & Shareholders Equity $12.80B $12.38B $11.94B
YoY Change 7.94% 3.73% 32.98%

Cashflow Statement

Concept 2023 Q3 2023 Q2 2022 Q2
OPERATING ACTIVITIES
Net Income $47.18M $253.4M $58.97M
YoY Change -25.39% 329.7% 90.8%
Depreciation, Depletion And Amortization $400.0K $400.0K $400.0K
YoY Change 0.0% 0.0% 33.33%
Cash From Operating Activities $43.60M $38.15M $64.44M
YoY Change -30.76% -40.8% -9.41%
INVESTING ACTIVITIES
Capital Expenditures $3.800M $2.290M -$1.258M
YoY Change -236.15% -282.03%
Acquisitions
YoY Change
Other Investing Activities $260.5M $288.0M -$550.0M
YoY Change 178.61% -152.37% -50.9%
Cash From Investing Activities $256.7M $285.7M -$551.2M
YoY Change 182.99% -151.83% -50.79%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -377.2M -181.6M 431.8M
YoY Change 374.81% -142.07% -54.5%
NET CHANGE
Cash From Operating Activities 43.60M 38.15M 64.44M
Cash From Investing Activities 256.7M 285.7M -551.2M
Cash From Financing Activities -377.2M -181.6M 431.8M
Net Change In Cash -76.90M 142.2M -55.03M
YoY Change -203.58% -358.5% -45.0%
FREE CASH FLOW
Cash From Operating Activities $43.60M $38.15M $64.44M
Capital Expenditures $3.800M $2.290M -$1.258M
Free Cash Flow $39.80M $35.86M $65.70M
YoY Change -39.48% -45.42%

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NetCashProvidedByUsedInInvestingActivities
333619000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
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us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
6017619000
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
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us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
5386027000
rc Payments On Paycheck Protection Program Liquidity Facility
PaymentsOnPaycheckProtectionProgramLiquidityFacility
90173000
rc Payments On Paycheck Protection Program Liquidity Facility
PaymentsOnPaycheckProtectionProgramLiquidityFacility
513746000
rc Proceeds From Issuance Of Securitized Debt Obligations Consolidated Variable Interest Entity
ProceedsFromIssuanceOfSecuritizedDebtObligationsConsolidatedVariableInterestEntity
988837000
rc Proceeds From Issuance Of Securitized Debt Obligations Consolidated Variable Interest Entity
ProceedsFromIssuanceOfSecuritizedDebtObligationsConsolidatedVariableInterestEntity
1735344000
rc Repayments Of Securitized Debt Obligations Consolidated Variable Interest Entity
RepaymentsOfSecuritizedDebtObligationsConsolidatedVariableInterestEntity
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rc Repayments Of Securitized Debt Obligations Consolidated Variable Interest Entity
RepaymentsOfSecuritizedDebtObligationsConsolidatedVariableInterestEntity
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us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
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rc Payment Of Guaranteed Loan Financing
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rc Payment Of Guaranteed Loan Financing
PaymentOfGuaranteedLoanFinancing
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us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
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us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
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us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
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us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
9000000
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
108000
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
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us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
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us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2104000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1294000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
123932000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
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us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
-100000
us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
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us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-278936000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1516734000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
91922000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
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CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
388949000
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
245057000
us-gaap Interest Paid Net
InterestPaidNet
311667000
us-gaap Interest Paid Net
InterestPaidNet
125411000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
648000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
13858000
us-gaap Transfer Of Portfolio Loans And Leases To Held For Sale1
TransferOfPortfolioLoansAndLeasesToHeldForSale1
3862000
rc Transfer Of Loans Held To Loans Held For Sale At Fair Value
TransferOfLoansHeldToLoansHeldForSaleAtFairValue
1635000
rc Transfer Of Loans Held To Loans Held For Sale At Fair Value
TransferOfLoansHeldToLoansHeldForSaleAtFairValue
3029000
us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
24388000
us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
496000
CY2022Q2 us-gaap Asset Acquisition Contingent Consideration Liability
AssetAcquisitionContingentConsiderationLiability
84348000
rc Common Stock Issued During Period Acquisitions Value
CommonStockIssuedDuringPeriodAcquisitionsValue
637229000
rc Common Stock Issued During Period Acquisitions Value
CommonStockIssuedDuringPeriodAcquisitionsValue
458056000
rc Stock Issued Conversion Of Op Units
StockIssuedConversionOfOpUnits
567000
CY2023Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
227504000
CY2022Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
127939000
CY2023Q2 us-gaap Restricted Cash
RestrictedCash
34534000
CY2022Q2 us-gaap Restricted Cash
RestrictedCash
64746000
CY2023Q2 rc Variable Interest Entity Cash Cash Equivalents And Restricted Cash
VariableInterestEntityCashCashEquivalentsAndRestrictedCash
126911000
CY2022Q2 rc Variable Interest Entity Cash Cash Equivalents And Restricted Cash
VariableInterestEntityCashCashEquivalentsAndRestrictedCash
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CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
388949000
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
245057000
CY2023Q2 rc Directors Board Of Directors Increase In Directors
DirectorsBoardOfDirectorsIncreaseInDirectors
3
CY2023Q2 rc Number Of Directors Board Of Directors
NumberOfDirectorsBoardOfDirectors
9
CY2023Q2 rc Number Of Directors Board Of Directors
NumberOfDirectorsBoardOfDirectors
12
CY2023Q2 rc Directors Board Of Directors Additional Directors Added From Broadmark
DirectorsBoardOfDirectorsAdditionalDirectorsAddedFromBroadmark
3
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 June 30, 2023 and for the three and six months ended June 30, 2023 and 2022, 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 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 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, 2022, as filed with the SEC.</p>
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>
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>
us-gaap Financing Receivable Allowance For Credit Losses Policy For Uncollectible Amounts
FinancingReceivableAllowanceForCreditLossesPolicyForUncollectibleAmounts
<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;">Allowance for credit losses. </span>The allowance for credit losses consists of the allowance for losses on loans and lending commitments accounted for at amortized cost. Such loans and lending commitments are reviewed quarterly considering credit quality indicators, including probable and historical losses, collateral values, loan-to-value (“LTV”) ratio and economic conditions. The allowance for credit losses increases through provisions charged to earnings and reduced by charge-offs, net of recoveries. </p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:18pt;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 Company utilizes loan loss forecasting models for estimating expected life-time credit losses, at the individual loan level, for its loan portfolio. The CECL forecasting methods used by the Company include (i) a probability of default and loss given default method using underlying third-party CMBS/CRE loan databases with historical loan losses and (ii) probability weighted expected cash flow method, depending on the type of loan and the availability of relevant historical market loan loss data. The Company might use other acceptable alternative approaches in the future depending on, among other factors, the type of loan, underlying collateral, and availability of relevant historical market loan loss data.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;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;">Significant inputs to the Company’s forecasting methods include (i) key loan-specific inputs such as LTV, vintage year, loan-term, underlying property type, occupancy, geographic location, and others, and (ii) a macro-economic forecast, including unemployment rates, interest rates, commercial real estate prices, and others. These estimates may change in future periods based on available future macro-economic data and might result in a material change in the Company’s future estimates of expected credit losses for its loan portfolio.</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;">In certain instances, the Company considers relevant loan-specific qualitative factors to certain loans to estimate its CECL expected credit losses. The Company considers loan investments that are both (i) expected to be substantially repaid through the operation or sale of the underlying collateral, and (ii) for which the borrower is experiencing financial difficulty, to be “collateral-dependent” loans. For such loans that the Company determines that foreclosure of the collateral is probable, the Company measures the expected losses based on the difference between the fair value of the collateral (less costs to sell the asset if repayment is expected through the sale of the collateral) and the amortized cost basis of the loan as of the measurement date. For collateral-dependent loans that the Company determines foreclosure is not probable, the Company applies a practical expedient to estimate expected losses using the difference between the collateral’s fair value (less costs to sell the asset if repayment is expected through the sale of the collateral) and the amortized cost basis of the loan.</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;">While the Company has a formal methodology to determine the adequate and appropriate level of the allowance for credit losses, estimates of inherent loan losses involve judgment and assumptions as to various factors, including current economic conditions. The Company’s determination of adequacy of the allowance for credit losses is based on quarterly evaluations of the above factors. Accordingly, the provision for credit losses will vary from period to period based on management's ongoing assessment of the adequacy of the allowance for credit losses.</p>
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>
CY2023Q2 us-gaap Derivative Asset Collateral Obligation To Return Cash Offset
DerivativeAssetCollateralObligationToReturnCashOffset
42400000
CY2022Q4 us-gaap Derivative Asset Collateral Obligation To Return Cash Offset
DerivativeAssetCollateralObligationToReturnCashOffset
41800000
rc Number Of Classes Of Servicing Assets Used For Risk Management Purposes
NumberOfClassesOfServicingAssetsUsedForRiskManagementPurposes
2
CY2023Q2 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
0
CY2022Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
0
rc Loans Non Accrual Status Number Of Consecutive Months Payments Received Before Resuming Recognition Of Interest Income
LoansNonAccrualStatusNumberOfConsecutiveMonthsPaymentsReceivedBeforeResumingRecognitionOfInterestIncome
3
CY2023Q2 rc Financing Receivable Gross Excluding Financing Receivables Of Consolidated Variable Interest Entities
FinancingReceivableGrossExcludingFinancingReceivablesOfConsolidatedVariableInterestEntities
3648545000
CY2023Q2 rc Financing Receivable Unpaid Principal Balance Gross Excluding Loans Of Consolidated Variable Interest Entities
FinancingReceivableUnpaidPrincipalBalanceGrossExcludingLoansOfConsolidatedVariableInterestEntities
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CY2022Q4 rc Financing Receivable Gross Excluding Financing Receivables Of Consolidated Variable Interest Entities
FinancingReceivableGrossExcludingFinancingReceivablesOfConsolidatedVariableInterestEntities
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CY2022Q4 rc Financing Receivable Unpaid Principal Balance Gross Excluding Loans Of Consolidated Variable Interest Entities
FinancingReceivableUnpaidPrincipalBalanceGrossExcludingLoansOfConsolidatedVariableInterestEntities
3666244000
CY2023Q2 rc Financing Receivable Allowance Excluding Consolidated Variable Interest Entities
FinancingReceivableAllowanceExcludingConsolidatedVariableInterestEntities
77025000
CY2022Q4 rc Financing Receivable Allowance Excluding Consolidated Variable Interest Entities
FinancingReceivableAllowanceExcludingConsolidatedVariableInterestEntities
61037000
CY2023Q2 rc Financing Receivable Net Reported Amount Excluding Loans Of Consolidated Variable Interest Entities
FinancingReceivableNetReportedAmountExcludingLoansOfConsolidatedVariableInterestEntities
3571520000
CY2023Q2 rc Financing Receivable Net Reported Amount Excluding Loans Of Consolidated Variable Interest Entities Unpaid Principal Balance
FinancingReceivableNetReportedAmountExcludingLoansOfConsolidatedVariableInterestEntitiesUnpaidPrincipalBalance
3677851000
CY2022Q4 rc Financing Receivable Net Reported Amount Excluding Loans Of Consolidated Variable Interest Entities
FinancingReceivableNetReportedAmountExcludingLoansOfConsolidatedVariableInterestEntities
3576310000
CY2022Q4 rc Financing Receivable Net Reported Amount Excluding Loans Of Consolidated Variable Interest Entities Unpaid Principal Balance
FinancingReceivableNetReportedAmountExcludingLoansOfConsolidatedVariableInterestEntitiesUnpaidPrincipalBalance
3666244000
CY2023Q2 us-gaap Loans Held For Sale Fair Value Disclosure
LoansHeldForSaleFairValueDisclosure
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CY2023Q2 rc Loans Held For Sale Fair Value Disclosure Unpaid Principal Balance
LoansHeldForSaleFairValueDisclosureUnpaidPrincipalBalance
247513000
CY2022Q4 us-gaap Loans Held For Sale Fair Value Disclosure
LoansHeldForSaleFairValueDisclosure
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CY2022Q4 rc Loans Held For Sale Fair Value Disclosure Unpaid Principal Balance
LoansHeldForSaleFairValueDisclosureUnpaidPrincipalBalance
261614000
CY2023Q2 rc Total Loans Net And Loans Held For Sale Fair Value Disclosure
TotalLoansNetAndLoansHeldForSaleFairValueDisclosure
10699711000
CY2023Q2 rc Total Loans Net And Loans Held For Sale Unpaid Principal Balance
TotalLoansNetAndLoansHeldForSaleUnpaidPrincipalBalance
10889185000
CY2022Q4 rc Total Loans Net And Loans Held For Sale Fair Value Disclosure
TotalLoansNetAndLoansHeldForSaleFairValueDisclosure
10146385000
CY2022Q4 rc Total Loans Net And Loans Held For Sale Unpaid Principal Balance
TotalLoansNetAndLoansHeldForSaleUnpaidPrincipalBalance
10313441000
CY2023Q2 rc Paycheck Protection Program Loans
PaycheckProtectionProgramLoans
94611000
CY2023Q2 rc Paycheck Protection Program Loans Unpaid Principal Balance
PaycheckProtectionProgramLoansUnpaidPrincipalBalance
98140000
CY2022Q4 rc Paycheck Protection Program Loans
PaycheckProtectionProgramLoans
186985000
CY2022Q4 rc Paycheck Protection Program Loans Unpaid Principal Balance
PaycheckProtectionProgramLoansUnpaidPrincipalBalance
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CY2023Q2 us-gaap Notes Receivable Net
NotesReceivableNet
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CY2023Q2 rc Financing Receivable Unpaid Principal Balance Net Amount Total
FinancingReceivableUnpaidPrincipalBalanceNetAmountTotal
10987325000
CY2022Q4 us-gaap Notes Receivable Net
NotesReceivableNet
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CY2022Q4 rc Financing Receivable Unpaid Principal Balance Net Amount Total
FinancingReceivableUnpaidPrincipalBalanceNetAmountTotal
10510239000
CY2023Q2 rc Financing Receivable Allowance Specific And Purchased Credit Deteriorated Loans
FinancingReceivableAllowanceSpecificAndPurchasedCreditDeterioratedLoans
48500000
CY2023Q2 rc Financing Receivable Allowance For Credit Loss Purchased With Credit Deterioration
FinancingReceivableAllowanceForCreditLossPurchasedWithCreditDeterioration
27600000
CY2022Q4 rc Financing Receivable Allowance Specific And Purchased Credit Deteriorated Loans
FinancingReceivableAllowanceSpecificAndPurchasedCreditDeterioratedLoans
32800000
CY2022Q4 rc Financing Receivable Allowance For Credit Loss Purchased With Credit Deterioration
FinancingReceivableAllowanceForCreditLossPurchasedWithCreditDeterioration
16000000.0
CY2023Q2 rc Financing Receivable Net Amount Unpaid Principal Amount Including Loans Of Consolidated Variable Interest Entities
FinancingReceivableNetAmountUnpaidPrincipalAmountIncludingLoansOfConsolidatedVariableInterestEntities
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CY2023Q2 us-gaap Financing Receivable Originated In Current Fiscal Year
FinancingReceivableOriginatedInCurrentFiscalYear
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CY2023Q2 us-gaap Financing Receivable Originated In Fiscal Year Before Latest Fiscal Year
FinancingReceivableOriginatedInFiscalYearBeforeLatestFiscalYear
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CY2023Q2 us-gaap Financing Receivable Originated Two Years Before Latest Fiscal Year
FinancingReceivableOriginatedTwoYearsBeforeLatestFiscalYear
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CY2023Q2 us-gaap Financing Receivable Originated Three Years Before Latest Fiscal Year
FinancingReceivableOriginatedThreeYearsBeforeLatestFiscalYear
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CY2023Q2 us-gaap Financing Receivable Originated Four Years Before Latest Fiscal Year
FinancingReceivableOriginatedFourYearsBeforeLatestFiscalYear
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CY2023Q2 us-gaap Financing Receivable Originated Five Or More Years Before Latest Fiscal Year
FinancingReceivableOriginatedFiveOrMoreYearsBeforeLatestFiscalYear
1228333000
CY2023Q2 rc Financing Receivable Net Amount Including Loans Of Consolidated Variable Interest Entities
FinancingReceivableNetAmountIncludingLoansOfConsolidatedVariableInterestEntities
10524714000
CY2023Q2 rc Financing Receivables General Allowance For Loan Losses Assessed On Collective Basis
FinancingReceivablesGeneralAllowanceForLoanLossesAssessedOnCollectiveBasis
63667000
CY2023Q2 rc Financing Receivable Amount Including Loans Of Consolidated Variable Interest Entities Net Of General Allowance For Loan Losses
FinancingReceivableAmountIncludingLoansOfConsolidatedVariableInterestEntitiesNetOfGeneralAllowanceForLoanLosses
10461047000
CY2022Q4 rc Financing Receivable Net Amount Unpaid Principal Amount Including Loans Of Consolidated Variable Interest Entities
FinancingReceivableNetAmountUnpaidPrincipalAmountIncludingLoansOfConsolidatedVariableInterestEntities
10051827000
CY2022Q4 us-gaap Financing Receivable Originated In Current Fiscal Year
FinancingReceivableOriginatedInCurrentFiscalYear
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CY2022Q4 us-gaap Financing Receivable Originated In Fiscal Year Before Latest Fiscal Year
FinancingReceivableOriginatedInFiscalYearBeforeLatestFiscalYear
3830867000
CY2022Q4 us-gaap Financing Receivable Originated Two Years Before Latest Fiscal Year
FinancingReceivableOriginatedTwoYearsBeforeLatestFiscalYear
511483000
CY2022Q4 us-gaap Financing Receivable Originated Three Years Before Latest Fiscal Year
FinancingReceivableOriginatedThreeYearsBeforeLatestFiscalYear
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CY2022Q4 us-gaap Financing Receivable Originated Four Years Before Latest Fiscal Year
FinancingReceivableOriginatedFourYearsBeforeLatestFiscalYear
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CY2022Q4 us-gaap Financing Receivable Originated Five Or More Years Before Latest Fiscal Year
FinancingReceivableOriginatedFiveOrMoreYearsBeforeLatestFiscalYear
865996000
CY2022Q4 rc Financing Receivable Net Amount Including Loans Of Consolidated Variable Interest Entities
FinancingReceivableNetAmountIncludingLoansOfConsolidatedVariableInterestEntities
9945718000
CY2022Q4 rc Financing Receivables General Allowance For Loan Losses Assessed On Collective Basis
FinancingReceivablesGeneralAllowanceForLoanLossesAssessedOnCollectiveBasis
57710000
CY2022Q4 rc Financing Receivable Amount Including Loans Of Consolidated Variable Interest Entities Net Of General Allowance For Loan Losses
FinancingReceivableAmountIncludingLoansOfConsolidatedVariableInterestEntitiesNetOfGeneralAllowanceForLoanLosses
9888008000
CY2023Q2 rc Financing Receivable Net Amount Unpaid Principal Amount Including Loans Of Consolidated Variable Interest Entities
FinancingReceivableNetAmountUnpaidPrincipalAmountIncludingLoansOfConsolidatedVariableInterestEntities
10641672000
CY2023Q2 us-gaap Financing Receivable Originated In Current Fiscal Year
FinancingReceivableOriginatedInCurrentFiscalYear
346918000
CY2023Q2 us-gaap Financing Receivable Originated In Fiscal Year Before Latest Fiscal Year
FinancingReceivableOriginatedInFiscalYearBeforeLatestFiscalYear
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CY2023Q2 us-gaap Financing Receivable Originated Two Years Before Latest Fiscal Year
FinancingReceivableOriginatedTwoYearsBeforeLatestFiscalYear
3857426000
CY2023Q2 us-gaap Financing Receivable Originated Three Years Before Latest Fiscal Year
FinancingReceivableOriginatedThreeYearsBeforeLatestFiscalYear
576363000
CY2023Q2 us-gaap Financing Receivable Originated Four Years Before Latest Fiscal Year
FinancingReceivableOriginatedFourYearsBeforeLatestFiscalYear
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CY2023Q2 us-gaap Financing Receivable Originated Five Or More Years Before Latest Fiscal Year
FinancingReceivableOriginatedFiveOrMoreYearsBeforeLatestFiscalYear
1228333000
CY2023Q2 rc Financing Receivable Net Amount Including Loans Of Consolidated Variable Interest Entities
FinancingReceivableNetAmountIncludingLoansOfConsolidatedVariableInterestEntities
10524714000
CY2023Q2 rc Financing Receivables General Allowance For Loan Losses Assessed On Collective Basis
FinancingReceivablesGeneralAllowanceForLoanLossesAssessedOnCollectiveBasis
63667000
CY2023Q2 rc Financing Receivable Amount Including Loans Of Consolidated Variable Interest Entities Net Of General Allowance For Loan Losses
FinancingReceivableAmountIncludingLoansOfConsolidatedVariableInterestEntitiesNetOfGeneralAllowanceForLoanLosses
10461047000
CY2022Q4 rc Financing Receivable Net Amount Unpaid Principal Amount Including Loans Of Consolidated Variable Interest Entities
FinancingReceivableNetAmountUnpaidPrincipalAmountIncludingLoansOfConsolidatedVariableInterestEntities
10051827000
CY2022Q4 us-gaap Financing Receivable Originated In Current Fiscal Year
FinancingReceivableOriginatedInCurrentFiscalYear
3185285000
CY2022Q4 us-gaap Financing Receivable Originated In Fiscal Year Before Latest Fiscal Year
FinancingReceivableOriginatedInFiscalYearBeforeLatestFiscalYear
3830867000
CY2022Q4 us-gaap Financing Receivable Originated Two Years Before Latest Fiscal Year
FinancingReceivableOriginatedTwoYearsBeforeLatestFiscalYear
511483000
CY2022Q4 us-gaap Financing Receivable Originated Three Years Before Latest Fiscal Year
FinancingReceivableOriginatedThreeYearsBeforeLatestFiscalYear
1133712000
CY2022Q4 us-gaap Financing Receivable Originated Four Years Before Latest Fiscal Year
FinancingReceivableOriginatedFourYearsBeforeLatestFiscalYear
418375000
CY2022Q4 us-gaap Financing Receivable Originated Five Or More Years Before Latest Fiscal Year
FinancingReceivableOriginatedFiveOrMoreYearsBeforeLatestFiscalYear
865996000
CY2022Q4 rc Financing Receivable Net Amount Including Loans Of Consolidated Variable Interest Entities
FinancingReceivableNetAmountIncludingLoansOfConsolidatedVariableInterestEntities
9945718000
CY2022Q4 rc Financing Receivables General Allowance For Loan Losses Assessed On Collective Basis
FinancingReceivablesGeneralAllowanceForLoanLossesAssessedOnCollectiveBasis
57710000
CY2022Q4 rc Financing Receivable Amount Including Loans Of Consolidated Variable Interest Entities Net Of General Allowance For Loan Losses
FinancingReceivableAmountIncludingLoansOfConsolidatedVariableInterestEntitiesNetOfGeneralAllowanceForLoanLosses
9888008000
CY2023Q2 rc Financing Receivable Originated Year Before Latest Fiscal Year Gross Write Off
FinancingReceivableOriginatedYearBeforeLatestFiscalYearGrossWriteOff
24000
rc Financing Receivable Originated Year Before Latest Fiscal Year Gross Write Off
FinancingReceivableOriginatedYearBeforeLatestFiscalYearGrossWriteOff
147000
CY2023Q2 rc Financing Receivable Originated Two Years Before Latest Fiscal Year Gross Write Off
FinancingReceivableOriginatedTwoYearsBeforeLatestFiscalYearGrossWriteOff
29000
rc Financing Receivable Originated Two Years Before Latest Fiscal Year Gross Write Off
FinancingReceivableOriginatedTwoYearsBeforeLatestFiscalYearGrossWriteOff
169000
rc Financing Receivable Originated Three Years Before Latest Fiscal Year Gross Write Off
FinancingReceivableOriginatedThreeYearsBeforeLatestFiscalYearGrossWriteOff
176000
CY2023Q2 rc Financing Receivable Originated Four Years Before Latest Fiscal Year Gross Write Off
FinancingReceivableOriginatedFourYearsBeforeLatestFiscalYearGrossWriteOff
294000
rc Financing Receivable Originated Four Years Before Latest Fiscal Year Gross Write Off
FinancingReceivableOriginatedFourYearsBeforeLatestFiscalYearGrossWriteOff
294000
CY2023Q2 rc Financing Receivable Originated Five Or More Years Before Latest Fiscal Year Gross Write Off
FinancingReceivableOriginatedFiveOrMoreYearsBeforeLatestFiscalYearGrossWriteOff
1459000
rc Financing Receivable Originated Five Or More Years Before Latest Fiscal Year Gross Write Off
FinancingReceivableOriginatedFiveOrMoreYearsBeforeLatestFiscalYearGrossWriteOff
19242000
CY2023Q2 rc Financing Receivable Allowance For Credit Loss Sales And Writeoff
FinancingReceivableAllowanceForCreditLossSalesAndWriteoff
1806000
rc Financing Receivable Allowance For Credit Loss Sales And Writeoff
FinancingReceivableAllowanceForCreditLossSalesAndWriteoff
20028000
CY2023Q2 rc Financing Receivable Net Amount Including Loans Of Consolidated Variable Interest Entities
FinancingReceivableNetAmountIncludingLoansOfConsolidatedVariableInterestEntities
10524714000
CY2023Q2 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
521391000
CY2023Q2 rc Financing Receivables General Allowance For Loan Losses Assessed On Collective Basis
FinancingReceivablesGeneralAllowanceForLoanLossesAssessedOnCollectiveBasis
63667000
CY2023Q2 rc Financing Receivable Amount Including Loans Of Consolidated Variable Interest Entities Net Of General Allowance For Loan Losses
FinancingReceivableAmountIncludingLoansOfConsolidatedVariableInterestEntitiesNetOfGeneralAllowanceForLoanLosses
10461047000
rc Financing Receivable Percentage Of Total Outstanding
FinancingReceivablePercentageOfTotalOutstanding
1
CY2023Q2 us-gaap Financing Receivable Nonaccrual Percent Past Due1
FinancingReceivableNonaccrualPercentPastDue1
0.050
CY2022Q4 rc Financing Receivable Net Amount Including Loans Of Consolidated Variable Interest Entities
FinancingReceivableNetAmountIncludingLoansOfConsolidatedVariableInterestEntities
9945718000
CY2022Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
242805000
CY2022Q4 rc Financing Receivables General Allowance For Loan Losses Assessed On Collective Basis
FinancingReceivablesGeneralAllowanceForLoanLossesAssessedOnCollectiveBasis
57710000
CY2022Q4 rc Financing Receivable Amount Including Loans Of Consolidated Variable Interest Entities Net Of General Allowance For Loan Losses
FinancingReceivableAmountIncludingLoansOfConsolidatedVariableInterestEntitiesNetOfGeneralAllowanceForLoanLosses
9888008000
CY2022 rc Financing Receivable Percentage Of Total Outstanding
FinancingReceivablePercentageOfTotalOutstanding
1
CY2022Q4 us-gaap Financing Receivable Nonaccrual Percent Past Due1
FinancingReceivableNonaccrualPercentPastDue1
0.024
CY2023Q2 rc Financing Receivable Net Amount Including Loans Of Consolidated Variable Interest Entities
FinancingReceivableNetAmountIncludingLoansOfConsolidatedVariableInterestEntities
10524714000
CY2023Q2 rc Financing Receivables General Allowance For Loan Losses Assessed On Collective Basis
FinancingReceivablesGeneralAllowanceForLoanLossesAssessedOnCollectiveBasis
63667000
CY2023Q2 rc Financing Receivable Amount Including Loans Of Consolidated Variable Interest Entities Net Of General Allowance For Loan Losses
FinancingReceivableAmountIncludingLoansOfConsolidatedVariableInterestEntitiesNetOfGeneralAllowanceForLoanLosses
10461047000
CY2022Q4 rc Financing Receivable Net Amount Including Loans Of Consolidated Variable Interest Entities
FinancingReceivableNetAmountIncludingLoansOfConsolidatedVariableInterestEntities
9945718000
CY2022Q4 rc Financing Receivables General Allowance For Loan Losses Assessed On Collective Basis
FinancingReceivablesGeneralAllowanceForLoanLossesAssessedOnCollectiveBasis
57710000
CY2022Q4 rc Financing Receivable Amount Including Loans Of Consolidated Variable Interest Entities Net Of General Allowance For Loan Losses
FinancingReceivableAmountIncludingLoansOfConsolidatedVariableInterestEntitiesNetOfGeneralAllowanceForLoanLosses
9888008000
CY2023Q2 rc Financing Receivables General Allowance For Loan Losses Assessed On Collective Basis
FinancingReceivablesGeneralAllowanceForLoanLossesAssessedOnCollectiveBasis
63667000
CY2023Q2 rc Financing Receivable Specific Allowance
FinancingReceivableSpecificAllowance
20870000
CY2023Q2 rc Financing Receivable Allowance For Credit Loss Purchased With Credit Deterioration
FinancingReceivableAllowanceForCreditLossPurchasedWithCreditDeterioration
27617000
CY2023Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
112154000
CY2022Q4 rc Financing Receivables General Allowance For Loan Losses Assessed On Collective Basis
FinancingReceivablesGeneralAllowanceForLoanLossesAssessedOnCollectiveBasis
57710000
CY2022Q4 rc Financing Receivable Specific Allowance
FinancingReceivableSpecificAllowance
16837000
CY2022Q4 rc Financing Receivable Allowance For Credit Loss Purchased With Credit Deterioration
FinancingReceivableAllowanceForCreditLossPurchasedWithCreditDeterioration
15972000
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
90519000
CY2023Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
67780000
CY2023Q2 rc Financing Receivable Excluding Unfunded Lending Commitments Credit Loss Expense Reversal
FinancingReceivableExcludingUnfundedLendingCommitmentsCreditLossExpenseReversal
18474000
CY2023Q2 us-gaap Financing Receivable Allowance For Credit Loss Purchased With Credit Deterioration Increase
FinancingReceivableAllowanceForCreditLossPurchasedWithCreditDeteriorationIncrease
27617000
CY2023Q2 rc Financing Receivable Allowance For Credit Loss Sales And Writeoff
FinancingReceivableAllowanceForCreditLossSalesAndWriteoff
1806000
CY2023Q2 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
89000
CY2023Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
112154000
CY2022Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
51244000
CY2022Q2 rc Financing Receivable Excluding Unfunded Lending Commitments Credit Loss Expense Reversal
FinancingReceivableExcludingUnfundedLendingCommitmentsCreditLossExpenseReversal
-4728000
CY2022Q2 rc Financing Receivable Allowance For Credit Loss Sales And Writeoff
FinancingReceivableAllowanceForCreditLossSalesAndWriteoff
333000
CY2022Q2 rc Financing Receivable Allowance For Credit Loss Recovery Adjustment
FinancingReceivableAllowanceForCreditLossRecoveryAdjustment
58000
CY2022Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
46125000
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
90519000
rc Financing Receivable Excluding Unfunded Lending Commitments Credit Loss Expense Reversal
FinancingReceivableExcludingUnfundedLendingCommitmentsCreditLossExpenseReversal
13928000
us-gaap Financing Receivable Allowance For Credit Loss Purchased With Credit Deterioration Increase
FinancingReceivableAllowanceForCreditLossPurchasedWithCreditDeteriorationIncrease
27617000
rc Financing Receivable Allowance For Credit Loss Sales And Writeoff
FinancingReceivableAllowanceForCreditLossSalesAndWriteoff
20028000
rc Financing Receivable Allowance For Credit Loss Recovery Adjustment
FinancingReceivableAllowanceForCreditLossRecoveryAdjustment
118000
CY2023Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
112154000
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
45377000
rc Financing Receivable Excluding Unfunded Lending Commitments Credit Loss Expense Reversal
FinancingReceivableExcludingUnfundedLendingCommitmentsCreditLossExpenseReversal
-3487000
us-gaap Financing Receivable Allowance For Credit Loss Purchased With Credit Deterioration Increase
FinancingReceivableAllowanceForCreditLossPurchasedWithCreditDeteriorationIncrease
5000000
rc Financing Receivable Allowance For Credit Loss Sales And Writeoff
FinancingReceivableAllowanceForCreditLossSalesAndWriteoff
506000
rc Financing Receivable Allowance For Credit Loss Recovery Adjustment
FinancingReceivableAllowanceForCreditLossRecoveryAdjustment
259000
CY2022Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
46125000
CY2023Q2 us-gaap Financing Receivable Purchased With Credit Deterioration Amount At Par Value
FinancingReceivablePurchasedWithCreditDeteriorationAmountAtParValue
244932000
CY2023Q2 us-gaap Financing Receivable Purchased With Credit Deterioration Allowance For Credit Loss At Acquisition Date
FinancingReceivablePurchasedWithCreditDeteriorationAllowanceForCreditLossAtAcquisitionDate
27617000
CY2023Q2 us-gaap Financing Receivable Purchased With Credit Deterioration Discount Premium
FinancingReceivablePurchasedWithCreditDeteriorationDiscountPremium
6035000
CY2023Q2 us-gaap Financing Receivable Purchased With Credit Deterioration Amount At Purchase Price
FinancingReceivablePurchasedWithCreditDeteriorationAmountAtPurchasePrice
211280000
rc Held To Maturity Securities Weighted Average Interest Rate
HeldToMaturitySecuritiesWeightedAverageInterestRate
0.103
CY2023Q2 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
3446000
CY2023Q2 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
3446000
CY2022 rc Held To Maturity Securities Weighted Average Interest Rate
HeldToMaturitySecuritiesWeightedAverageInterestRate
0.103
CY2022Q4 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
3306000
CY2022Q4 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
3306000
CY2023Q2 us-gaap Servicing Asset
ServicingAsset
296364000
CY2022Q2 us-gaap Servicing Asset
ServicingAsset
253511000
CY2023Q2 us-gaap Servicing Asset
ServicingAsset
296364000
CY2022Q2 us-gaap Servicing Asset
ServicingAsset
253511000
CY2023Q2 us-gaap Principal Amount Outstanding On Loans Securitized
PrincipalAmountOutstandingOnLoansSecuritized
6365035000
CY2023Q2 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
94893000
CY2022Q4 us-gaap Principal Amount Outstanding On Loans Securitized
PrincipalAmountOutstandingOnLoansSecuritized
5858798000
CY2022Q4 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
87117000
CY2023Q2 rc Servicing Rights Amortization Expense Remainder Of Fiscal Year
ServicingRightsAmortizationExpenseRemainderOfFiscalYear
7692000
CY2023Q2 rc Servicing Rights Amortization Expense Year One
ServicingRightsAmortizationExpenseYearOne
13208000
CY2023Q2 rc Servicing Rights Amortization Expense Year Two
ServicingRightsAmortizationExpenseYearTwo
11881000
CY2023Q2 rc Servicing Rights Amortization Expense Year Three
ServicingRightsAmortizationExpenseYearThree
10518000
CY2023Q2 rc Servicing Rights Amortization Expense Year Four
ServicingRightsAmortizationExpenseYearFour
9333000
CY2023Q2 rc Servicing Rights Amortization Expense After Year Four
ServicingRightsAmortizationExpenseAfterYearFour
42261000
CY2023Q2 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
94893000
CY2023Q2 us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
2084000
CY2022Q2 us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
-7886000
us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
4975000
us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
-12973000
CY2023Q2 rc Creation Of New Mortgage Servicing Rights Net Of Payoffs
CreationOfNewMortgageServicingRightsNetOfPayoffs
3668000
CY2022Q2 rc Creation Of New Mortgage Servicing Rights Net Of Payoffs
CreationOfNewMortgageServicingRightsNetOfPayoffs
8834000
rc Creation Of New Mortgage Servicing Rights Net Of Payoffs
CreationOfNewMortgageServicingRightsNetOfPayoffs
6543000
rc Creation Of New Mortgage Servicing Rights Net Of Payoffs
CreationOfNewMortgageServicingRightsNetOfPayoffs
15928000
CY2023Q2 us-gaap Interest And Fee Income Loans Consumer Real Estate
InterestAndFeeIncomeLoansConsumerRealEstate
3911000
CY2022Q2 us-gaap Interest And Fee Income Loans Consumer Real Estate
InterestAndFeeIncomeLoansConsumerRealEstate
4749000
us-gaap Interest And Fee Income Loans Consumer Real Estate
InterestAndFeeIncomeLoansConsumerRealEstate
6437000
us-gaap Interest And Fee Income Loans Consumer Real Estate
InterestAndFeeIncomeLoansConsumerRealEstate
8859000
CY2023Q2 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
221000
CY2022Q2 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-2750000
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
1098000
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-443000
CY2023Q2 us-gaap Interest And Fee Income Loans Consumer
InterestAndFeeIncomeLoansConsumer
9884000
CY2022Q2 us-gaap Interest And Fee Income Loans Consumer
InterestAndFeeIncomeLoansConsumer
2947000
us-gaap Interest And Fee Income Loans Consumer
InterestAndFeeIncomeLoansConsumer
19053000
us-gaap Interest And Fee Income Loans Consumer
InterestAndFeeIncomeLoansConsumer
11371000
CY2023Q2 rc Correspondent Fees And Other Direct Loan Expenses
CorrespondentFeesAndOtherDirectLoanExpenses
6574000
CY2022Q2 rc Correspondent Fees And Other Direct Loan Expenses
CorrespondentFeesAndOtherDirectLoanExpenses
-4532000
rc Correspondent Fees And Other Direct Loan Expenses
CorrespondentFeesAndOtherDirectLoanExpenses
12059000
rc Correspondent Fees And Other Direct Loan Expenses
CorrespondentFeesAndOtherDirectLoanExpenses
-3553000
CY2023Q2 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
6302779000
CY2023Q2 us-gaap Secured Debt
SecuredDebt
2395687000
CY2022Q4 us-gaap Secured Debt
SecuredDebt
2846293000
CY2023Q2 us-gaap Long Term Debt
LongTermDebt
1221851000
CY2023Q2 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
115000000
CY2023Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
120000000
CY2023Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
760883000
CY2023Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
100000000
CY2023Q2 rc Long Term Debt Maturities Repayments Of Principal After Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFour
146250000
CY2023Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1242133000
CY2023Q2 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
20282000
CY2023Q2 us-gaap Long Term Debt
LongTermDebt
1221851000
CY2023Q2 us-gaap Contractual Obligation Future Minimum Payments Due Remainder Of Fiscal Year
ContractualObligationFutureMinimumPaymentsDueRemainderOfFiscalYear
75000
CY2023Q2 us-gaap Contractual Obligation Due In Next Twelve Months
ContractualObligationDueInNextTwelveMonths
596000
CY2023Q2 us-gaap Contractual Obligation Due In Second Year
ContractualObligationDueInSecondYear
1023000
CY2023Q2 us-gaap Contractual Obligation Due In Third Year
ContractualObligationDueInThirdYear
3379000
CY2023Q2 us-gaap Contractual Obligation Due In Fourth Year
ContractualObligationDueInFourthYear
10730000
CY2023Q2 rc Contractual Obligation Due After Fourth Year
ContractualObligationDueAfterFourthYear
210281000
CY2023Q2 us-gaap Contractual Obligation
ContractualObligation
226084000
CY2023Q2 rc Principal Amount Outstanding On Loans Securitized Non Company Sponsored
PrincipalAmountOutstandingOnLoansSecuritizedNonCompanySponsored
3200000
CY2022Q4 rc Principal Amount Outstanding On Loans Securitized Non Company Sponsored
PrincipalAmountOutstandingOnLoansSecuritizedNonCompanySponsored
8000000.0
CY2023Q2 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
226988000
CY2022Q2 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
143320000
us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
438956000
us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
261020000
CY2023Q2 us-gaap Interest And Fee Income Loans And Leases Held For Sale
InterestAndFeeIncomeLoansAndLeasesHeldForSale
2533000
CY2022Q2 us-gaap Interest And Fee Income Loans And Leases Held For Sale
InterestAndFeeIncomeLoansAndLeasesHeldForSale
4765000
us-gaap Interest And Fee Income Loans And Leases Held For Sale
InterestAndFeeIncomeLoansAndLeasesHeldForSale
4840000
us-gaap Interest And Fee Income Loans And Leases Held For Sale
InterestAndFeeIncomeLoansAndLeasesHeldForSale
9136000
CY2023Q2 rc Interest And Fee Income Paycheck Protection Program Loans
InterestAndFeeIncomePaycheckProtectionProgramLoans
12000
CY2022Q2 rc Interest And Fee Income Paycheck Protection Program Loans
InterestAndFeeIncomePaycheckProtectionProgramLoans
3612000
rc Interest And Fee Income Paycheck Protection Program Loans
InterestAndFeeIncomePaycheckProtectionProgramLoans
20000
rc Interest And Fee Income Paycheck Protection Program Loans
InterestAndFeeIncomePaycheckProtectionProgramLoans
4219000
CY2023Q2 rc Interest And Dividend Income Preferred Equity Investments
InterestAndDividendIncomePreferredEquityInvestments
2193000
rc Interest And Dividend Income Preferred Equity Investments
InterestAndDividendIncomePreferredEquityInvestments
4361000
CY2023Q2 us-gaap Interest Income Securities Mortgage Backed
InterestIncomeSecuritiesMortgageBacked
1158000
CY2022Q2 us-gaap Interest Income Securities Mortgage Backed
InterestIncomeSecuritiesMortgageBacked
1974000
us-gaap Interest Income Securities Mortgage Backed
InterestIncomeSecuritiesMortgageBacked
2280000
us-gaap Interest Income Securities Mortgage Backed
InterestIncomeSecuritiesMortgageBacked
3701000
CY2023Q2 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
232884000
CY2022Q2 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
153671000
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
450457000
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
278076000
CY2023Q2 us-gaap Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
49595000
CY2022Q2 us-gaap Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
28147000
us-gaap Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
96341000
us-gaap Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
47770000
CY2023Q2 rc Interest Expense Paycheck Protection Program Liquidity Financing Borrowings
InterestExpensePaycheckProtectionProgramLiquidityFinancingBorrowings
124000
CY2022Q2 rc Interest Expense Paycheck Protection Program Liquidity Financing Borrowings
InterestExpensePaycheckProtectionProgramLiquidityFinancingBorrowings
459000
rc Interest Expense Paycheck Protection Program Liquidity Financing Borrowings
InterestExpensePaycheckProtectionProgramLiquidityFinancingBorrowings
288000
rc Interest Expense Paycheck Protection Program Liquidity Financing Borrowings
InterestExpensePaycheckProtectionProgramLiquidityFinancingBorrowings
1147000
CY2023Q2 us-gaap Interest Expense Beneficial Interests Issued By Consolidated Variable Interest Entities
InterestExpenseBeneficialInterestsIssuedByConsolidatedVariableInterestEntities
99558000
CY2022Q2 us-gaap Interest Expense Beneficial Interests Issued By Consolidated Variable Interest Entities
InterestExpenseBeneficialInterestsIssuedByConsolidatedVariableInterestEntities
33804000
us-gaap Interest Expense Beneficial Interests Issued By Consolidated Variable Interest Entities
InterestExpenseBeneficialInterestsIssuedByConsolidatedVariableInterestEntities
190159000
us-gaap Interest Expense Beneficial Interests Issued By Consolidated Variable Interest Entities
InterestExpenseBeneficialInterestsIssuedByConsolidatedVariableInterestEntities
58055000
CY2023Q2 us-gaap Financing Interest Expense
FinancingInterestExpense
4693000
CY2022Q2 us-gaap Financing Interest Expense
FinancingInterestExpense
3186000
us-gaap Financing Interest Expense
FinancingInterestExpense
9565000
us-gaap Financing Interest Expense
FinancingInterestExpense
6271000
CY2023Q2 rc Interest Expense Senior Secured Note
InterestExpenseSeniorSecuredNote
4397000
CY2022Q2 rc Interest Expense Senior Secured Note
InterestExpenseSeniorSecuredNote
4380000
rc Interest Expense Senior Secured Note
InterestExpenseSeniorSecuredNote
8778000
rc Interest Expense Senior Secured Note
InterestExpenseSeniorSecuredNote
8737000
CY2023Q2 rc Interest Expense Convertible Note
InterestExpenseConvertibleNote
2188000
CY2022Q2 rc Interest Expense Convertible Note
InterestExpenseConvertibleNote
2188000
rc Interest Expense Convertible Note
InterestExpenseConvertibleNote
4376000
rc Interest Expense Convertible Note
InterestExpenseConvertibleNote
4376000
CY2023Q2 rc Interest Expense Corporate Debt
InterestExpenseCorporateDebt
11979000
CY2022Q2 rc Interest Expense Corporate Debt
InterestExpenseCorporateDebt
8663000
rc Interest Expense Corporate Debt
InterestExpenseCorporateDebt
23421000
rc Interest Expense Corporate Debt
InterestExpenseCorporateDebt
15488000
CY2023Q2 us-gaap Interest Expense
InterestExpense
172534000
CY2022Q2 us-gaap Interest Expense
InterestExpense
80827000
us-gaap Interest Expense
InterestExpense
332928000
us-gaap Interest Expense
InterestExpense
141844000
CY2023Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
60350000
CY2022Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
72844000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
117529000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
136232000
CY2023Q2 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
995177000
CY2023Q2 rc Derivative Asset Fair Value Asset
DerivativeAssetFairValueAsset
51229000
CY2023Q2 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
2300000
CY2022Q4 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
869708000
CY2022Q4 rc Derivative Asset Fair Value Asset
DerivativeAssetFairValueAsset
55265000
CY2022Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
2068000
CY2023Q2 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
10427000
CY2023Q2 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
2711000
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
14113000
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
-5333000
CY2022Q2 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
858000
CY2022Q2 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
11205000
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-267000
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
40445000
CY2023Q2 rc Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Real Estate Held For Sale
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedRealEstateHeldForSale
217271000
CY2022Q4 rc Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Real Estate Held For Sale
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedRealEstateHeldForSale
84129000
CY2023Q2 rc Other Real Estate Acquired Through Foreclosure
OtherRealEstateAcquiredThroughForeclosure
34054000
CY2022Q4 rc Other Real Estate Acquired Through Foreclosure
OtherRealEstateAcquiredThroughForeclosure
32969000
CY2023Q2 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
251325000
CY2022Q4 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
117098000
CY2023Q2 us-gaap Goodwill
Goodwill
37818000
CY2022Q4 us-gaap Goodwill
Goodwill
37818000
CY2023Q2 rc Deferred Loan Exit Fees
DeferredLoanExitFees
34814000
CY2022Q4 rc Deferred Loan Exit Fees
DeferredLoanExitFees
36669000
CY2023Q2 us-gaap Interest Receivable
InterestReceivable
42193000
CY2022Q4 us-gaap Interest Receivable
InterestReceivable
34951000
CY2023Q2 rc Due From Servicers
DueFromServicers
31874000
CY2022Q4 rc Due From Servicers
DueFromServicers
24078000
CY2023Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
17520000
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
16308000
CY2023Q2 rc Due From Third Parties
DueFromThirdParties
23164000
CY2022Q4 rc Due From Third Parties
DueFromThirdParties
15114000
CY2023Q2 rc Deferred Finance Costs Excluding Secured Debt Offerings Net
DeferredFinanceCostsExcludingSecuredDebtOfferingsNet
7436000
CY2022Q4 rc Deferred Finance Costs Excluding Secured Debt Offerings Net
DeferredFinanceCostsExcludingSecuredDebtOfferingsNet
5176000
CY2023Q2 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
977000
CY2022Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
977000
CY2023Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
5540000
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1687000
CY2023Q2 us-gaap Other Assets
OtherAssets
19355000
CY2022Q4 us-gaap Other Assets
OtherAssets
16991000
CY2023Q2 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
220691000
CY2022Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
189769000
CY2023Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
33741000
CY2022Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
38245000
CY2023Q2 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
28596000
CY2022Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
34785000
CY2023Q2 us-gaap Servicing Liability
ServicingLiability
11424000
CY2022Q4 us-gaap Servicing Liability
ServicingLiability
13163000
CY2023Q2 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
30886000
CY2022Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
30885000
CY2023Q2 rc Repair And Denial Reserve
RepairAndDenialReserve
9902000
CY2022Q4 rc Repair And Denial Reserve
RepairAndDenialReserve
10846000
CY2023Q2 us-gaap Other Liabilities
OtherLiabilities
12713000
CY2022Q4 us-gaap Other Liabilities
OtherLiabilities
7815000
CY2023Q2 rc Accrued Ppp Related Costs
AccruedPppRelatedCosts
145000
CY2022Q4 rc Accrued Ppp Related Costs
AccruedPppRelatedCosts
4016000
CY2023Q2 us-gaap Accrued Professional Fees Current And Noncurrent
AccruedProfessionalFeesCurrentAndNoncurrent
2187000
CY2022Q4 us-gaap Accrued Professional Fees Current And Noncurrent
AccruedProfessionalFeesCurrentAndNoncurrent
2804000
CY2023Q2 rc Lease Payable
LeasePayable
9282000
CY2022Q4 rc Lease Payable
LeasePayable
1778000
CY2023Q2 us-gaap Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
20775000
CY2022Q4 us-gaap Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
32183000
CY2023Q2 us-gaap Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
159651000
CY2022Q4 us-gaap Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
176520000
CY2023Q2 us-gaap Goodwill
Goodwill
37818000
CY2022Q4 us-gaap Goodwill
Goodwill
37818000
CY2023Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
17520000
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
16308000
CY2023Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
400000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
800000
CY2022Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
400000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
800000
CY2023Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
7043000
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
1368000
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
2527000
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
2281000
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
1614000
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
1479000
CY2023Q2 rc Finite Lived Intangible Assets Amortization Expense After Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFour
4751000
CY2023Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
14020000
CY2023Q2 rc Loan Indemnification Reserve
LoanIndemnificationReserve
2300000
CY2022Q4 rc Loan Indemnification Reserve
LoanIndemnificationReserve
2900000
CY2023Q2 rc Origination Income
OriginationIncome
6316000
CY2022Q2 rc Origination Income
OriginationIncome
2725000
rc Origination Income
OriginationIncome
10928000
rc Origination Income
OriginationIncome
4379000
CY2023Q2 rc Release Of Repair And Denial Reserve
ReleaseOfRepairAndDenialReserve
527000
CY2022Q2 rc Release Of Repair And Denial Reserve
ReleaseOfRepairAndDenialReserve
1305000
rc Release Of Repair And Denial Reserve
ReleaseOfRepairAndDenialReserve
328000
rc Release Of Repair And Denial Reserve
ReleaseOfRepairAndDenialReserve
3498000
CY2023Q2 rc Employee Retention Credit Consulting Income
EmployeeRetentionCreditConsultingIncome
8481000
CY2022Q2 rc Employee Retention Credit Consulting Income
EmployeeRetentionCreditConsultingIncome
303000
rc Employee Retention Credit Consulting Income
EmployeeRetentionCreditConsultingIncome
18156000
rc Employee Retention Credit Consulting Income
EmployeeRetentionCreditConsultingIncome
303000
CY2023Q2 us-gaap Other Operating Income
OtherOperatingIncome
3245000
CY2022Q2 us-gaap Other Operating Income
OtherOperatingIncome
4001000
us-gaap Other Operating Income
OtherOperatingIncome
9040000
us-gaap Other Operating Income
OtherOperatingIncome
6655000
CY2023Q2 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
18569000
CY2022Q2 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
8334000
us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
38452000
us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
14835000
CY2023Q2 rc Loan Origination Costs
LoanOriginationCosts
1744000
CY2022Q2 rc Loan Origination Costs
LoanOriginationCosts
2168000
rc Loan Origination Costs
LoanOriginationCosts
3399000
rc Loan Origination Costs
LoanOriginationCosts
7102000
CY2023Q2 us-gaap Communications And Information Technology
CommunicationsAndInformationTechnology
2156000
CY2022Q2 us-gaap Communications And Information Technology
CommunicationsAndInformationTechnology
2376000
us-gaap Communications And Information Technology
CommunicationsAndInformationTechnology
4270000
us-gaap Communications And Information Technology
CommunicationsAndInformationTechnology
4416000
CY2022Q2 rc Charge Off Of Real Estate Acquired In Settlement Of Loans
ChargeOffOfRealEstateAcquiredInSettlementOfLoans
840000
rc Charge Off Of Real Estate Acquired In Settlement Of Loans
ChargeOffOfRealEstateAcquiredInSettlementOfLoans
3418000
rc Charge Off Of Real Estate Acquired In Settlement Of Loans
ChargeOffOfRealEstateAcquiredInSettlementOfLoans
2667000
CY2023Q2 rc Rent And Property Tax Expense
RentAndPropertyTaxExpense
1381000
CY2022Q2 rc Rent And Property Tax Expense
RentAndPropertyTaxExpense
1564000
rc Rent And Property Tax Expense
RentAndPropertyTaxExpense
2781000
rc Rent And Property Tax Expense
RentAndPropertyTaxExpense
2659000
CY2023Q2 rc Recruiting Training And Travel Expenses
RecruitingTrainingAndTravelExpenses
875000
CY2022Q2 rc Recruiting Training And Travel Expenses
RecruitingTrainingAndTravelExpenses
524000
rc Recruiting Training And Travel Expenses
RecruitingTrainingAndTravelExpenses
1623000
rc Recruiting Training And Travel Expenses
RecruitingTrainingAndTravelExpenses
826000
CY2023Q2 us-gaap Marketing Expense
MarketingExpense
459000
CY2022Q2 us-gaap Marketing Expense
MarketingExpense
596000
us-gaap Marketing Expense
MarketingExpense
1016000
us-gaap Marketing Expense
MarketingExpense
924000
CY2023Q2 us-gaap Other Expenses
OtherExpenses
4626000
CY2022Q2 us-gaap Other Expenses
OtherExpenses
6304000
us-gaap Other Expenses
OtherExpenses
9052000
us-gaap Other Expenses
OtherExpenses
8431000
CY2023Q2 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
11241000
CY2022Q2 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
14372000
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
25559000
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
27025000
CY2022Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.42
CY2022Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.42
CY2022Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.40
CY2023Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.40
rc Percentage Of Shares Of Common Stock Issued And Outstanding On Fully Diluted Basis
PercentageOfSharesOfCommonStockIssuedAndOutstandingOnFullyDilutedBasis
0.05
CY2023Q2 us-gaap Share Based Compensation
ShareBasedCompensation
2000000.0
us-gaap Share Based Compensation
ShareBasedCompensation
3900000
CY2022Q2 us-gaap Share Based Compensation
ShareBasedCompensation
2100000
us-gaap Share Based Compensation
ShareBasedCompensation
4100000
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
CY2023Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
253373000
CY2022Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
58965000
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
290351000
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
123228000
CY2023Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
4490000
CY2022Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
2874000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
6325000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
3649000
CY2023Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
2373000
CY2022Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
2412000
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
4744000
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
4824000
CY2023Q2 rc Net Income Loss From Continuing Operations Basic
NetIncomeLossFromContinuingOperationsBasic
246510000
CY2022Q2 rc Net Income Loss From Continuing Operations Basic
NetIncomeLossFromContinuingOperationsBasic
53679000
rc Net Income Loss From Continuing Operations Basic
NetIncomeLossFromContinuingOperationsBasic
279282000
rc Net Income Loss From Continuing Operations Basic
NetIncomeLossFromContinuingOperationsBasic
114755000
CY2023Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
253373000
CY2022Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
58965000
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
290351000
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
123228000
CY2023Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
4490000
CY2022Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
2874000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
6325000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
3649000
CY2023Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
2373000
CY2022Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
2412000
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
4744000
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
4824000
CY2023Q2 rc Expenses Attributable To Dilutive Instruments
ExpensesAttributableToDilutiveInstruments
2319000
CY2022Q2 rc Expenses Attributable To Dilutive Instruments
ExpensesAttributableToDilutiveInstruments
2319000
rc Expenses Attributable To Dilutive Instruments
ExpensesAttributableToDilutiveInstruments
4638000
rc Expenses Attributable To Dilutive Instruments
ExpensesAttributableToDilutiveInstruments
4638000
CY2023Q2 rc Net Income Loss From Continuing Operations Diluted
NetIncomeLossFromContinuingOperationsDiluted
248829000
CY2022Q2 rc Net Income Loss From Continuing Operations Diluted
NetIncomeLossFromContinuingOperationsDiluted
55998000
rc Net Income Loss From Continuing Operations Diluted
NetIncomeLossFromContinuingOperationsDiluted
283920000
rc Net Income Loss From Continuing Operations Diluted
NetIncomeLossFromContinuingOperationsDiluted
119393000
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
131651125
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
114359026
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
121219982
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
101106777
CY2023Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
9932712
CY2022Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
10706466
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
9876386
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
10696654
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
141583837
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
125065492
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
131096368
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
111803431
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.87
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.47
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.30
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.13
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.76
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.45
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.17
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.07
CY2023Q2 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
51229000
CY2023Q2 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
42474000
CY2023Q2 us-gaap Derivative Assets
DerivativeAssets
8755000
CY2023Q2 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
8755000
CY2023Q2 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Gross
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross
2508825000
CY2023Q2 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Asset
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAsset
39000
CY2023Q2 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoaned
2508786000
CY2023Q2 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Securities
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimSecurities
2489441000
CY2023Q2 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Amount Offset Against Collateral
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAmountOffsetAgainstCollateral
19345000
CY2022Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
55265000
CY2022Q4 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
42302000
CY2022Q4 us-gaap Derivative Assets
DerivativeAssets
12963000
CY2022Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
12963000
CY2022Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Gross
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross
3049372000
CY2022Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Asset
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAsset
482000
CY2022Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoaned
3048890000
CY2022Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Securities
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimSecurities
3033278000
CY2022Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Amount Offset Against Collateral
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAmountOffsetAgainstCollateral
15612000
CY2023Q2 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
11241000
CY2023Q2 us-gaap Noninterest Expense
NoninterestExpense
86592000
CY2023Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
258514000
CY2023Q2 rc Assets Excluding Assets Of Discontinued Operations
AssetsExcludingAssetsOfDiscontinuedOperations
12383046000
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
450457000
us-gaap Interest Expense
InterestExpense
332928000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
117529000
rc Nondeductible Excise Tax Rate
NondeductibleExciseTaxRate
0.04
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3
CY2022Q2 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3
CY2023Q2 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3
CY2023Q2 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
232884000
CY2023Q2 us-gaap Interest Expense
InterestExpense
172534000
CY2023Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
60350000
CY2023Q2 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
19427000
CY2023Q2 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
40923000
CY2023Q2 us-gaap Interest And Fee Income Loans Consumer
InterestAndFeeIncomeLoansConsumer
9884000
CY2023Q2 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
23878000
CY2023Q2 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
7407000
CY2023Q2 rc Bank Servicing Income
BankServicingIncome
14432000
CY2023Q2 rc Non Interest Income On Purchased Future Receivables
NonInterestIncomeOnPurchasedFutureReceivables
86000
CY2023Q2 us-gaap Business Combination Bargain Purchase Gain Recognized Amount
BusinessCombinationBargainPurchaseGainRecognizedAmount
229894000
CY2023Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
33000
CY2023Q2 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
18569000
CY2023Q2 us-gaap Noninterest Income
NoninterestIncome
304183000
CY2023Q2 rc Correspondent Fees And Other Direct Loan Expenses
CorrespondentFeesAndOtherDirectLoanExpenses
6574000
CY2023Q2 us-gaap Professional Fees
ProfessionalFees
5656000
CY2023Q2 us-gaap Loan Portfolio Expense
LoanPortfolioExpense
13115000
CY2023Q2 us-gaap Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
13966000
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
12693000
us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
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