2023 Q4 Form 10-Q Financial Statement

#000155837023018295 Filed on November 08, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3 2022 Q3
Revenue $265.0M $250.6M $214.2M
YoY Change 16.55% 16.97% 103.76%
Cost Of Revenue $223.6M $210.5M $133.3M
YoY Change 42.98% 57.93% 57.15%
Gross Profit $41.43M $65.40M $80.94M
YoY Change -41.66% -19.2% 27.94%
Gross Profit Margin 15.63% 26.1% 37.78%
Selling, General & Admin $7.566M $29.30M $29.45M
YoY Change -68.07% -0.51% -1.44%
% of Gross Profit 18.26% 44.8% 36.38%
Research & Development $2.603M $2.619M
YoY Change -0.61% 27.26%
% of Gross Profit 3.98% 3.24%
Depreciation & Amortization $400.0K $400.0K $400.0K
YoY Change 0.0% 0.0% 0.0%
% of Gross Profit 0.97% 0.61% 0.49%
Operating Expenses $28.97M $2.603M $45.35M
YoY Change -57.15% -94.26% 2103.64%
Operating Profit $12.46M $62.80M $35.59M
YoY Change 265.58% 76.45% -41.85%
Interest Expense $9.858M $191.6M $36.97M
YoY Change -26.74% 418.23% -26.25%
% of Operating Profit 79.12% 305.13% 103.89%
Other Income/Expense, Net $5.095M $6.755M
YoY Change -24.57% 90.77%
Pretax Income $11.33M $51.21M $71.03M
YoY Change 8.19% -27.91% 33.83%
Income Tax -$2.385M $4.027M $4.776M
% Of Pretax Income -21.05% 7.86% 6.72%
Net Earnings $5.558M $47.18M $63.23M
YoY Change -21.99% -25.39% 35.88%
Net Earnings / Revenue 2.1% 18.83% 29.52%
Basic Earnings Per Share $0.25 $0.53
Diluted Earnings Per Share $0.03 $0.25 $503.2K
COMMON SHARES
Basic Shares Outstanding 172.1M 172.0M 114.4M
Diluted Shares Outstanding 174.4M 125.7M

Balance Sheet

Concept 2023 Q4 2023 Q3 2022 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $138.5M $182.0M $208.0M
YoY Change -15.03% -12.52% -0.83%
Cash & Equivalents $138.5M $181.9M $208.0M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $64.50M $54.00M $37.15M
Other Receivables $46.00M $44.00M $50.99M
Total Short-Term Assets $249.0M $280.0M $296.2M
YoY Change 12.51% -5.46% 22.37%
LONG-TERM ASSETS
Property, Plant & Equipment $2.539M $5.000M $1.863M
YoY Change 50.5% 168.38% -30.61%
Goodwill $38.53M $37.82M
YoY Change 1.88%
Intangibles $17.75M $17.94M
YoY Change 8.84%
Long-Term Investments $133.3M $136.1M $4.760B
YoY Change 12.37% -97.14% 3691.15%
Other Assets $526.5M $81.00M $98.98M
YoY Change 433.14% -18.16% 2.92%
Total Long-Term Assets $12.19B $12.52B $11.56B
YoY Change 6.95% 8.28% 28.15%
TOTAL ASSETS
Total Short-Term Assets $249.0M $280.0M $296.2M
Total Long-Term Assets $12.19B $12.52B $11.56B
Total Assets $12.44B $12.80B $11.86B
YoY Change 7.06% 7.94% 28.0%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $49.33M $35.00M $6.469M
YoY Change -10.09% 441.04% 15.97%
Accrued Expenses $89.14M $102.0M $85.91M
YoY Change -1.8% 18.72% -4.16%
Deferred Revenue
YoY Change
Short-Term Debt $62.94M $57.00M $54.10M
YoY Change 15.2% 5.35%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $255.7M $259.0M $257.9M
YoY Change 3.33% 0.41% 28.75%
LONG-TERM LIABILITIES
Long-Term Debt $9.161B $9.721B $9.487B
YoY Change -1.87% 2.47% 24.15%
Other Long-Term Liabilities $344.6M $88.00M $117.6M
YoY Change 218.86% -25.18% -27.45%
Total Long-Term Liabilities $9.506B $9.809B $9.605B
YoY Change 0.65% 2.13% 23.07%
TOTAL LIABILITIES
Total Short-Term Liabilities $255.7M $259.0M $257.9M
Total Long-Term Liabilities $9.506B $9.809B $9.605B
Total Liabilities $9.794B $10.10B $9.983B
YoY Change 0.74% 1.17% 24.37%
SHAREHOLDERS EQUITY
Retained Earnings $124.4M $168.5M
YoY Change 2391.25%
Common Stock $17.00K $17.00K
YoY Change 54.55%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.540B $2.592B $1.875B
YoY Change
Total Liabilities & Shareholders Equity $12.44B $12.80B $11.86B
YoY Change 7.06% 7.94% 28.0%

Cashflow Statement

Concept 2023 Q4 2023 Q3 2022 Q3
OPERATING ACTIVITIES
Net Income $5.558M $47.18M $63.23M
YoY Change -21.99% -25.39% 35.88%
Depreciation, Depletion And Amortization $400.0K $400.0K $400.0K
YoY Change 0.0% 0.0% 0.0%
Cash From Operating Activities -$26.24M $43.60M $62.97M
YoY Change -112.09% -30.76% -162.04%
INVESTING ACTIVITIES
Capital Expenditures $4.655M $3.800M -$2.791M
YoY Change -22.69% -236.15%
Acquisitions
YoY Change
Other Investing Activities $433.8M $260.5M $93.50M
YoY Change 1211.84% 178.61% -176.72%
Cash From Investing Activities $429.2M $256.7M $90.71M
YoY Change 1486.63% 182.99% -174.43%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -429.0M -377.2M -79.44M
YoY Change 61.09% 374.81% -133.64%
NET CHANGE
Cash From Operating Activities -26.24M 43.60M 62.97M
Cash From Investing Activities 429.2M 256.7M 90.71M
Cash From Financing Activities -429.0M -377.2M -79.44M
Net Change In Cash -26.06M -76.90M 74.24M
YoY Change 17.01% -203.58% 480.55%
FREE CASH FLOW
Cash From Operating Activities -$26.24M $43.60M $62.97M
Capital Expenditures $4.655M $3.800M -$2.791M
Free Cash Flow -$30.89M $39.80M $65.76M
YoY Change -114.64% -39.48% -164.79%

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us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
5444544000
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
7664522000
rc Payments On Paycheck Protection Program Liquidity Facility
PaymentsOnPaycheckProtectionProgramLiquidityFacility
124678000
rc Payments On Paycheck Protection Program Liquidity Facility
PaymentsOnPaycheckProtectionProgramLiquidityFacility
635708000
rc Proceeds From Issuance Of Securitized Debt Obligations Consolidated Variable Interest Entity
ProceedsFromIssuanceOfSecuritizedDebtObligationsConsolidatedVariableInterestEntity
1120815000
rc Proceeds From Issuance Of Securitized Debt Obligations Consolidated Variable Interest Entity
ProceedsFromIssuanceOfSecuritizedDebtObligationsConsolidatedVariableInterestEntity
1735343000
rc Repayments Of Securitized Debt Obligations Consolidated Variable Interest Entity
RepaymentsOfSecuritizedDebtObligationsConsolidatedVariableInterestEntity
770555000
rc Repayments Of Securitized Debt Obligations Consolidated Variable Interest Entity
RepaymentsOfSecuritizedDebtObligationsConsolidatedVariableInterestEntity
501066000
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
220146000
us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
115000000
rc Payment Of Guaranteed Loan Financing
PaymentOfGuaranteedLoanFinancing
92333000
rc Payment Of Guaranteed Loan Financing
PaymentOfGuaranteedLoanFinancing
86046000
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
29404000
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
27966000
us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
9000000
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
123490000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
18108000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
3820000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
3076000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1294000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
150313000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
136696000
us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
-169000
us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
-10145000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-656080000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1437292000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
14962000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-4030000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
297027000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
323328000
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
311989000
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
319298000
us-gaap Interest Paid Net
InterestPaidNet
472044000
us-gaap Interest Paid Net
InterestPaidNet
218627000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
535000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
27137000
us-gaap Transfer Of Portfolio Loans And Leases To Held For Sale1
TransferOfPortfolioLoansAndLeasesToHeldForSale1
64524000
us-gaap Transfer Of Portfolio Loans And Leases To Held For Sale1
TransferOfPortfolioLoansAndLeasesToHeldForSale1
4003000
rc Transfer Of Loans Held To Loans Held For Sale At Fair Value
TransferOfLoansHeldToLoansHeldForSaleAtFairValue
4138000
rc Transfer Of Loans Held To Loans Held For Sale At Fair Value
TransferOfLoansHeldToLoansHeldForSaleAtFairValue
3255000
rc Consolidation Of Assets In Securitization Trusts
ConsolidationOfAssetsInSecuritizationTrusts
689079000
us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
56711000
us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
1532000
CY2022Q3 us-gaap Asset Acquisition Contingent Consideration Liability
AssetAcquisitionContingentConsiderationLiability
25000000
rc Common Stock Issued During Period Acquisitions Value
CommonStockIssuedDuringPeriodAcquisitionsValue
637229000
rc Common Stock Issued During Period Acquisitions Value
CommonStockIssuedDuringPeriodAcquisitionsValue
458056000
rc Consolidation Of Borrowings In Securitization Trusts
ConsolidationOfBorrowingsInSecuritizationTrusts
689079000
rc Stock Issued Conversion Of Op Units
StockIssuedConversionOfOpUnits
1821000
rc Stock Issued Conversion Of Op Units
StockIssuedConversionOfOpUnits
1500000
CY2023Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
181913000
CY2022Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
208037000
CY2023Q3 us-gaap Restricted Cash
RestrictedCash
36576000
CY2022Q3 us-gaap Restricted Cash
RestrictedCash
57675000
CY2023Q3 rc Variable Interest Entity Cash Cash Equivalents And Restricted Cash
VariableInterestEntityCashCashEquivalentsAndRestrictedCash
93500000
CY2022Q3 rc Variable Interest Entity Cash Cash Equivalents And Restricted Cash
VariableInterestEntityCashCashEquivalentsAndRestrictedCash
53586000
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
311989000
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
319298000
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 September 30, 2023 and December 31, 2022 and for the three and nine months ended September 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 Current Expected Credit Loss (“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>
CY2023Q3 us-gaap Derivative Asset Collateral Obligation To Return Cash Offset
DerivativeAssetCollateralObligationToReturnCashOffset
49300000
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
CY2023Q3 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
CY2023Q3 rc Financing Receivable Gross Excluding Financing Receivables Of Consolidated Variable Interest Entities
FinancingReceivableGrossExcludingFinancingReceivablesOfConsolidatedVariableInterestEntities
4226070000
CY2023Q3 rc Financing Receivable Unpaid Principal Balance Gross Excluding Loans Of Consolidated Variable Interest Entities
FinancingReceivableUnpaidPrincipalBalanceGrossExcludingLoansOfConsolidatedVariableInterestEntities
4241065000
CY2022Q4 rc Financing Receivable Gross Excluding Financing Receivables Of Consolidated Variable Interest Entities
FinancingReceivableGrossExcludingFinancingReceivablesOfConsolidatedVariableInterestEntities
3637347000
CY2022Q4 rc Financing Receivable Unpaid Principal Balance Gross Excluding Loans Of Consolidated Variable Interest Entities
FinancingReceivableUnpaidPrincipalBalanceGrossExcludingLoansOfConsolidatedVariableInterestEntities
3666244000
CY2023Q3 rc Financing Receivable Allowance Excluding Consolidated Variable Interest Entities
FinancingReceivableAllowanceExcludingConsolidatedVariableInterestEntities
74147000
CY2022Q4 rc Financing Receivable Allowance Excluding Consolidated Variable Interest Entities
FinancingReceivableAllowanceExcludingConsolidatedVariableInterestEntities
61037000
CY2023Q3 rc Financing Receivable Net Reported Amount Excluding Loans Of Consolidated Variable Interest Entities
FinancingReceivableNetReportedAmountExcludingLoansOfConsolidatedVariableInterestEntities
4151923000
CY2023Q3 rc Financing Receivable Net Reported Amount Excluding Loans Of Consolidated Variable Interest Entities Unpaid Principal Balance
FinancingReceivableNetReportedAmountExcludingLoansOfConsolidatedVariableInterestEntitiesUnpaidPrincipalBalance
4241065000
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
CY2023Q3 us-gaap Loans Held For Sale Fair Value Disclosure
LoansHeldForSaleFairValueDisclosure
184989000
CY2023Q3 rc Loans Held For Sale Fair Value Disclosure Unpaid Principal Balance
LoansHeldForSaleFairValueDisclosureUnpaidPrincipalBalance
182261000
CY2022Q4 us-gaap Loans Held For Sale Fair Value Disclosure
LoansHeldForSaleFairValueDisclosure
258377000
CY2022Q4 rc Loans Held For Sale Fair Value Disclosure Unpaid Principal Balance
LoansHeldForSaleFairValueDisclosureUnpaidPrincipalBalance
261614000
CY2023Q3 rc Total Loans Net And Loans Held For Sale Fair Value Disclosure
TotalLoansNetAndLoansHeldForSaleFairValueDisclosure
11141412000
CY2023Q3 rc Total Loans Net And Loans Held For Sale Unpaid Principal Balance
TotalLoansNetAndLoansHeldForSaleUnpaidPrincipalBalance
11292842000
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
CY2023Q3 rc Paycheck Protection Program Loans
PaycheckProtectionProgramLoans
58145000
CY2023Q3 rc Paycheck Protection Program Loans Unpaid Principal Balance
PaycheckProtectionProgramLoansUnpaidPrincipalBalance
60224000
CY2022Q4 rc Paycheck Protection Program Loans
PaycheckProtectionProgramLoans
186985000
CY2022Q4 rc Paycheck Protection Program Loans Unpaid Principal Balance
PaycheckProtectionProgramLoansUnpaidPrincipalBalance
196798000
CY2023Q3 us-gaap Notes Receivable Net
NotesReceivableNet
11199557000
CY2023Q3 rc Financing Receivable Unpaid Principal Balance Net Amount Total
FinancingReceivableUnpaidPrincipalBalanceNetAmountTotal
11353066000
CY2022Q4 us-gaap Notes Receivable Net
NotesReceivableNet
10333370000
CY2022Q4 rc Financing Receivable Unpaid Principal Balance Net Amount Total
FinancingReceivableUnpaidPrincipalBalanceNetAmountTotal
10510239000
CY2023Q3 rc Financing Receivable Allowance Specific And Purchased Credit Deteriorated Loans
FinancingReceivableAllowanceSpecificAndPurchasedCreditDeterioratedLoans
47000000.0
CY2023Q3 rc Financing Receivable Allowance For Credit Loss Purchased With Credit Deterioration
FinancingReceivableAllowanceForCreditLossPurchasedWithCreditDeterioration
26500000
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
CY2023Q3 rc Financing Receivable Net Amount Unpaid Principal Amount Including Loans Of Consolidated Variable Interest Entities
FinancingReceivableNetAmountUnpaidPrincipalAmountIncludingLoansOfConsolidatedVariableInterestEntities
11110581000
CY2023Q3 us-gaap Financing Receivable Originated In Current Fiscal Year
FinancingReceivableOriginatedInCurrentFiscalYear
520191000
CY2023Q3 us-gaap Financing Receivable Originated In Fiscal Year Before Latest Fiscal Year
FinancingReceivableOriginatedInFiscalYearBeforeLatestFiscalYear
3691250000
CY2023Q3 us-gaap Financing Receivable Originated Two Years Before Latest Fiscal Year
FinancingReceivableOriginatedTwoYearsBeforeLatestFiscalYear
3978610000
CY2023Q3 us-gaap Financing Receivable Originated Three Years Before Latest Fiscal Year
FinancingReceivableOriginatedThreeYearsBeforeLatestFiscalYear
607691000
CY2023Q3 us-gaap Financing Receivable Originated Four Years Before Latest Fiscal Year
FinancingReceivableOriginatedFourYearsBeforeLatestFiscalYear
1057718000
CY2023Q3 us-gaap Financing Receivable Originated Five Or More Years Before Latest Fiscal Year
FinancingReceivableOriginatedFiveOrMoreYearsBeforeLatestFiscalYear
1154345000
CY2023Q3 rc Financing Receivable Net Amount Including Loans Of Consolidated Variable Interest Entities
FinancingReceivableNetAmountIncludingLoansOfConsolidatedVariableInterestEntities
11009805000
CY2023Q3 rc Financing Receivables General Allowance For Loan Losses Assessed On Collective Basis
FinancingReceivablesGeneralAllowanceForLoanLossesAssessedOnCollectiveBasis
53382000
CY2023Q3 rc Financing Receivable Amount Including Loans Of Consolidated Variable Interest Entities Net Of General Allowance For Loan Losses
FinancingReceivableAmountIncludingLoansOfConsolidatedVariableInterestEntitiesNetOfGeneralAllowanceForLoanLosses
10956423000
us-gaap Financing Receivable Year Two Originated Fiscal Year Before Current Fiscal Year Writeoff
FinancingReceivableYearTwoOriginatedFiscalYearBeforeCurrentFiscalYearWriteoff
476000
us-gaap Financing Receivable Year Three Originated Two Years Before Current Fiscal Year Writeoff
FinancingReceivableYearThreeOriginatedTwoYearsBeforeCurrentFiscalYearWriteoff
684000
us-gaap Financing Receivable Year Four Originated Three Years Before Current Fiscal Year Writeoff
FinancingReceivableYearFourOriginatedThreeYearsBeforeCurrentFiscalYearWriteoff
258000
us-gaap Financing Receivable Year Five Originated Four Years Before Current Fiscal Year Writeoff
FinancingReceivableYearFiveOriginatedFourYearsBeforeCurrentFiscalYearWriteoff
360000
us-gaap Financing Receivable Originated More Than Five Years Before Current Fiscal Year Writeoff
FinancingReceivableOriginatedMoreThanFiveYearsBeforeCurrentFiscalYearWriteoff
25681000
us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
27459000
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
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
CY2023Q3 rc Financing Receivable Net Amount Unpaid Principal Amount Including Loans Of Consolidated Variable Interest Entities
FinancingReceivableNetAmountUnpaidPrincipalAmountIncludingLoansOfConsolidatedVariableInterestEntities
11110581000
CY2023Q3 us-gaap Financing Receivable Originated In Current Fiscal Year
FinancingReceivableOriginatedInCurrentFiscalYear
520191000
CY2023Q3 us-gaap Financing Receivable Originated In Fiscal Year Before Latest Fiscal Year
FinancingReceivableOriginatedInFiscalYearBeforeLatestFiscalYear
3691250000
CY2023Q3 us-gaap Financing Receivable Originated Two Years Before Latest Fiscal Year
FinancingReceivableOriginatedTwoYearsBeforeLatestFiscalYear
3978610000
CY2023Q3 us-gaap Financing Receivable Originated Three Years Before Latest Fiscal Year
FinancingReceivableOriginatedThreeYearsBeforeLatestFiscalYear
607691000
CY2023Q3 us-gaap Financing Receivable Originated Four Years Before Latest Fiscal Year
FinancingReceivableOriginatedFourYearsBeforeLatestFiscalYear
1057718000
CY2023Q3 us-gaap Financing Receivable Originated Five Or More Years Before Latest Fiscal Year
FinancingReceivableOriginatedFiveOrMoreYearsBeforeLatestFiscalYear
1154345000
CY2023Q3 rc Financing Receivable Net Amount Including Loans Of Consolidated Variable Interest Entities
FinancingReceivableNetAmountIncludingLoansOfConsolidatedVariableInterestEntities
11009805000
CY2023Q3 rc Financing Receivables General Allowance For Loan Losses Assessed On Collective Basis
FinancingReceivablesGeneralAllowanceForLoanLossesAssessedOnCollectiveBasis
53382000
CY2023Q3 rc Financing Receivable Amount Including Loans Of Consolidated Variable Interest Entities Net Of General Allowance For Loan Losses
FinancingReceivableAmountIncludingLoansOfConsolidatedVariableInterestEntitiesNetOfGeneralAllowanceForLoanLosses
10956423000
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
CY2023Q3 rc Financing Receivable Net Amount Including Loans Of Consolidated Variable Interest Entities
FinancingReceivableNetAmountIncludingLoansOfConsolidatedVariableInterestEntities
11009805000
CY2023Q3 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
518641000
CY2023Q3 rc Financing Receivables General Allowance For Loan Losses Assessed On Collective Basis
FinancingReceivablesGeneralAllowanceForLoanLossesAssessedOnCollectiveBasis
53382000
CY2023Q3 rc Financing Receivable Amount Including Loans Of Consolidated Variable Interest Entities Net Of General Allowance For Loan Losses
FinancingReceivableAmountIncludingLoansOfConsolidatedVariableInterestEntitiesNetOfGeneralAllowanceForLoanLosses
10956423000
rc Financing Receivable Percentage Of Total Outstanding
FinancingReceivablePercentageOfTotalOutstanding
1
CY2023Q3 us-gaap Financing Receivable Nonaccrual Percent Past Due1
FinancingReceivableNonaccrualPercentPastDue1
0.047
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
CY2023Q3 rc Financing Receivable Net Amount Including Loans Of Consolidated Variable Interest Entities
FinancingReceivableNetAmountIncludingLoansOfConsolidatedVariableInterestEntities
11009805000
CY2023Q3 rc Financing Receivables General Allowance For Loan Losses Assessed On Collective Basis
FinancingReceivablesGeneralAllowanceForLoanLossesAssessedOnCollectiveBasis
53382000
CY2023Q3 rc Financing Receivable Amount Including Loans Of Consolidated Variable Interest Entities Net Of General Allowance For Loan Losses
FinancingReceivableAmountIncludingLoansOfConsolidatedVariableInterestEntitiesNetOfGeneralAllowanceForLoanLosses
10956423000
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
CY2023Q3 rc Financing Receivables General Allowance For Loan Losses Assessed On Collective Basis
FinancingReceivablesGeneralAllowanceForLoanLossesAssessedOnCollectiveBasis
53382000
CY2023Q3 rc Financing Receivable Specific Allowance
FinancingReceivableSpecificAllowance
20553000
CY2023Q3 rc Financing Receivable Allowance For Credit Loss Purchased With Credit Deterioration
FinancingReceivableAllowanceForCreditLossPurchasedWithCreditDeterioration
26473000
CY2023Q3 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
100408000
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
CY2023Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
112154000
CY2023Q3 rc Financing Receivable Excluding Unfunded Lending Commitments Credit Loss Expense Reversal
FinancingReceivableExcludingUnfundedLendingCommitmentsCreditLossExpenseReversal
-9588000
CY2023Q3 us-gaap Financing Receivable Allowance For Credit Loss Purchased With Credit Deterioration Increase
FinancingReceivableAllowanceForCreditLossPurchasedWithCreditDeteriorationIncrease
5245000
CY2023Q3 rc Financing Receivable Allowance For Credit Loss Sales And Writeoff
FinancingReceivableAllowanceForCreditLossSalesAndWriteoff
7431000
CY2023Q3 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
28000
CY2023Q3 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
100408000
CY2022Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
46125000
CY2022Q3 rc Financing Receivable Excluding Unfunded Lending Commitments Credit Loss Expense Reversal
FinancingReceivableExcludingUnfundedLendingCommitmentsCreditLossExpenseReversal
3279000
CY2022Q3 rc Business Combination Provisional Information Initial Accounting Incomplete Adjustment Financing Receivable Purchased With Credit Deterioration Allowance For Credit Loss
BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentFinancingReceivablePurchasedWithCreditDeteriorationAllowanceForCreditLoss
10972000
CY2022Q3 rc Financing Receivable Allowance For Credit Loss Sales And Writeoff
FinancingReceivableAllowanceForCreditLossSalesAndWriteoff
782000
CY2022Q3 rc Financing Receivable Allowance For Credit Loss Recovery Adjustment
FinancingReceivableAllowanceForCreditLossRecoveryAdjustment
-659000
CY2022Q3 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
60253000
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
90519000
CY2022 rc Financing Receivable Excluding Unfunded Lending Commitments Credit Loss Expense Reversal
FinancingReceivableExcludingUnfundedLendingCommitmentsCreditLossExpenseReversal
4340000
us-gaap Financing Receivable Allowance For Credit Loss Purchased With Credit Deterioration Increase
FinancingReceivableAllowanceForCreditLossPurchasedWithCreditDeteriorationIncrease
32862000
rc Financing Receivable Allowance For Credit Loss Sales And Writeoff
FinancingReceivableAllowanceForCreditLossSalesAndWriteoff
27459000
rc Financing Receivable Allowance For Credit Loss Recovery Adjustment
FinancingReceivableAllowanceForCreditLossRecoveryAdjustment
146000
CY2023Q3 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
100408000
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
45377000
rc Financing Receivable Excluding Unfunded Lending Commitments Credit Loss Expense Reversal
FinancingReceivableExcludingUnfundedLendingCommitmentsCreditLossExpenseReversal
-208000
us-gaap Financing Receivable Allowance For Credit Loss Purchased With Credit Deterioration Increase
FinancingReceivableAllowanceForCreditLossPurchasedWithCreditDeteriorationIncrease
15972000
rc Financing Receivable Allowance For Credit Loss Sales And Writeoff
FinancingReceivableAllowanceForCreditLossSalesAndWriteoff
1288000
rc Financing Receivable Allowance For Credit Loss Recovery Adjustment
FinancingReceivableAllowanceForCreditLossRecoveryAdjustment
-400000
CY2022Q3 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
60253000
rc Financing Receivable Loan Modifications Percentage Of Total Carrying Value Of Loans Net
FinancingReceivableLoanModificationsPercentageOfTotalCarryingValueOfLoansNet
0.041
CY2023Q3 us-gaap Mortgage Loans In Process Of Foreclosure Amount
MortgageLoansInProcessOfForeclosureAmount
96700000
CY2022Q4 us-gaap Mortgage Loans In Process Of Foreclosure Amount
MortgageLoansInProcessOfForeclosureAmount
34900000
CY2022Q3 rc Financing Receivable Purchased With Credit Deterioration During Period
FinancingReceivablePurchasedWithCreditDeteriorationDuringPeriod
0
CY2023Q3 rc Financing Receivable Purchased With Credit Deterioration During Period
FinancingReceivablePurchasedWithCreditDeteriorationDuringPeriod
0
CY2023Q3 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
100284000
CY2022Q3 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
85539000
CY2023Q3 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
100284000
CY2022Q3 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
85539000
CY2023Q3 us-gaap Servicing Asset
ServicingAsset
307779000
CY2022Q3 us-gaap Servicing Asset
ServicingAsset
277692000
CY2023Q3 us-gaap Servicing Asset
ServicingAsset
307779000
CY2022Q3 us-gaap Servicing Asset
ServicingAsset
277692000
CY2023Q3 us-gaap Principal Amount Outstanding On Loans Securitized
PrincipalAmountOutstandingOnLoansSecuritized
6684491000
CY2023Q3 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
100284000
CY2022Q4 us-gaap Principal Amount Outstanding On Loans Securitized
PrincipalAmountOutstandingOnLoansSecuritized
5858798000
CY2022Q4 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
87117000
CY2023Q3 rc Servicing Rights Amortization Expense Remainder Of Fiscal Year
ServicingRightsAmortizationExpenseRemainderOfFiscalYear
3975000
CY2023Q3 rc Servicing Rights Amortization Expense Year One
ServicingRightsAmortizationExpenseYearOne
13015000
CY2023Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
120000000
CY2023Q3 rc Servicing Rights Amortization Expense Year Two
ServicingRightsAmortizationExpenseYearTwo
12094000
CY2023Q3 rc Servicing Rights Amortization Expense Year Three
ServicingRightsAmortizationExpenseYearThree
10938000
CY2023Q3 rc Servicing Rights Amortization Expense Year Four
ServicingRightsAmortizationExpenseYearFour
9873000
CY2023Q3 rc Servicing Rights Amortization Expense After Year Four
ServicingRightsAmortizationExpenseAfterYearFour
50389000
CY2023Q3 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
100284000
CY2023Q3 us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
597000
CY2022Q3 us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
-1854000
us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
5572000
us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
-14827000
CY2023Q3 rc Creation Of New Mortgage Servicing Rights Net Of Payoffs
CreationOfNewMortgageServicingRightsNetOfPayoffs
3531000
CY2022Q3 rc Creation Of New Mortgage Servicing Rights Net Of Payoffs
CreationOfNewMortgageServicingRightsNetOfPayoffs
6853000
rc Creation Of New Mortgage Servicing Rights Net Of Payoffs
CreationOfNewMortgageServicingRightsNetOfPayoffs
10074000
rc Creation Of New Mortgage Servicing Rights Net Of Payoffs
CreationOfNewMortgageServicingRightsNetOfPayoffs
22781000
CY2023Q3 us-gaap Interest And Fee Income Loans Consumer Real Estate
InterestAndFeeIncomeLoansConsumerRealEstate
3337000
CY2022Q3 us-gaap Interest And Fee Income Loans Consumer Real Estate
InterestAndFeeIncomeLoansConsumerRealEstate
3701000
us-gaap Interest And Fee Income Loans Consumer Real Estate
InterestAndFeeIncomeLoansConsumerRealEstate
9774000
us-gaap Interest And Fee Income Loans Consumer Real Estate
InterestAndFeeIncomeLoansConsumerRealEstate
12560000
CY2023Q3 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-406000
CY2022Q3 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
3353000
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
692000
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
2910000
CY2023Q3 us-gaap Interest And Fee Income Loans Consumer
InterestAndFeeIncomeLoansConsumer
7059000
CY2022Q3 us-gaap Interest And Fee Income Loans Consumer
InterestAndFeeIncomeLoansConsumer
12053000
us-gaap Interest And Fee Income Loans Consumer
InterestAndFeeIncomeLoansConsumer
26112000
us-gaap Interest And Fee Income Loans Consumer
InterestAndFeeIncomeLoansConsumer
23424000
CY2023Q3 rc Correspondent Fees And Other Direct Loan Expenses
CorrespondentFeesAndOtherDirectLoanExpenses
4091000
CY2022Q3 rc Correspondent Fees And Other Direct Loan Expenses
CorrespondentFeesAndOtherDirectLoanExpenses
9061000
rc Correspondent Fees And Other Direct Loan Expenses
CorrespondentFeesAndOtherDirectLoanExpenses
16150000
rc Correspondent Fees And Other Direct Loan Expenses
CorrespondentFeesAndOtherDirectLoanExpenses
5508000
CY2023Q3 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
6416161000
CY2023Q3 us-gaap Secured Debt
SecuredDebt
2385070000
CY2022Q4 us-gaap Secured Debt
SecuredDebt
2846293000
CY2023Q3 us-gaap Long Term Debt
LongTermDebt
1108512000
CY2023Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
760883000
CY2023Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
100000000
us-gaap Interest Income Securities Mortgage Backed
InterestIncomeSecuritiesMortgageBacked
4421000
CY2023Q3 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
250590000
CY2022Q3 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
186026000
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
701047000
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
464102000
CY2023Q3 us-gaap Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
49693000
CY2023Q3 rc Long Term Debt Maturities Repayments Of Principal After Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFour
146250000
CY2023Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1127133000
CY2023Q3 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
18621000
CY2023Q3 us-gaap Long Term Debt
LongTermDebt
1108512000
CY2023Q3 us-gaap Contractual Obligation Future Minimum Payments Due Remainder Of Fiscal Year
ContractualObligationFutureMinimumPaymentsDueRemainderOfFiscalYear
2000
CY2023Q3 us-gaap Contractual Obligation Due In Next Twelve Months
ContractualObligationDueInNextTwelveMonths
331000
CY2023Q3 us-gaap Contractual Obligation Due In Second Year
ContractualObligationDueInSecondYear
847000
CY2023Q3 us-gaap Contractual Obligation Due In Third Year
ContractualObligationDueInThirdYear
1703000
CY2023Q3 us-gaap Contractual Obligation Due In Fourth Year
ContractualObligationDueInFourthYear
7263000
CY2023Q3 rc Contractual Obligation Due After Fourth Year
ContractualObligationDueAfterFourthYear
876770000
CY2023Q3 us-gaap Contractual Obligation
ContractualObligation
886916000
CY2023Q3 rc Principal Amount Outstanding On Loans Securitized Non Company Sponsored
PrincipalAmountOutstandingOnLoansSecuritizedNonCompanySponsored
1900000
CY2022Q4 rc Principal Amount Outstanding On Loans Securitized Non Company Sponsored
PrincipalAmountOutstandingOnLoansSecuritizedNonCompanySponsored
8000000.0
CY2023Q3 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
244798000
CY2022Q3 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
175917000
us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
683754000
us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
436937000
CY2023Q3 us-gaap Interest And Fee Income Loans And Leases Held For Sale
InterestAndFeeIncomeLoansAndLeasesHeldForSale
2858000
CY2022Q3 us-gaap Interest And Fee Income Loans And Leases Held For Sale
InterestAndFeeIncomeLoansAndLeasesHeldForSale
4625000
us-gaap Interest And Fee Income Loans And Leases Held For Sale
InterestAndFeeIncomeLoansAndLeasesHeldForSale
7698000
us-gaap Interest And Fee Income Loans And Leases Held For Sale
InterestAndFeeIncomeLoansAndLeasesHeldForSale
13761000
CY2023Q3 rc Interest And Fee Income Paycheck Protection Program Loans
InterestAndFeeIncomePaycheckProtectionProgramLoans
14000
CY2022Q3 rc Interest And Fee Income Paycheck Protection Program Loans
InterestAndFeeIncomePaycheckProtectionProgramLoans
4764000
rc Interest And Fee Income Paycheck Protection Program Loans
InterestAndFeeIncomePaycheckProtectionProgramLoans
34000
rc Interest And Fee Income Paycheck Protection Program Loans
InterestAndFeeIncomePaycheckProtectionProgramLoans
8983000
CY2023Q3 rc Interest And Dividend Income Preferred Equity Investments
InterestAndDividendIncomePreferredEquityInvestments
1831000
rc Interest And Dividend Income Preferred Equity Investments
InterestAndDividendIncomePreferredEquityInvestments
6192000
CY2023Q3 us-gaap Interest Income Securities Mortgage Backed
InterestIncomeSecuritiesMortgageBacked
1089000
CY2022Q3 us-gaap Interest Income Securities Mortgage Backed
InterestIncomeSecuritiesMortgageBacked
720000
us-gaap Interest Income Securities Mortgage Backed
InterestIncomeSecuritiesMortgageBacked
3369000
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
3634000
CY2022Q3 us-gaap Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
42124000
us-gaap Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
146034000
us-gaap Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
89894000
CY2023Q3 rc Interest Expense Paycheck Protection Program Liquidity Financing Borrowings
InterestExpensePaycheckProtectionProgramLiquidityFinancingBorrowings
82000
CY2022Q3 rc Interest Expense Paycheck Protection Program Liquidity Financing Borrowings
InterestExpensePaycheckProtectionProgramLiquidityFinancingBorrowings
323000
rc Interest Expense Paycheck Protection Program Liquidity Financing Borrowings
InterestExpensePaycheckProtectionProgramLiquidityFinancingBorrowings
370000
rc Interest Expense Paycheck Protection Program Liquidity Financing Borrowings
InterestExpensePaycheckProtectionProgramLiquidityFinancingBorrowings
1470000
CY2023Q3 us-gaap Interest Expense Beneficial Interests Issued By Consolidated Variable Interest Entities
InterestExpenseBeneficialInterestsIssuedByConsolidatedVariableInterestEntities
108464000
CY2022Q3 us-gaap Interest Expense Beneficial Interests Issued By Consolidated Variable Interest Entities
InterestExpenseBeneficialInterestsIssuedByConsolidatedVariableInterestEntities
52186000
us-gaap Interest Expense Beneficial Interests Issued By Consolidated Variable Interest Entities
InterestExpenseBeneficialInterestsIssuedByConsolidatedVariableInterestEntities
298623000
us-gaap Interest Expense Beneficial Interests Issued By Consolidated Variable Interest Entities
InterestExpenseBeneficialInterestsIssuedByConsolidatedVariableInterestEntities
110241000
CY2023Q3 us-gaap Financing Interest Expense
FinancingInterestExpense
14966000
CY2022Q3 us-gaap Financing Interest Expense
FinancingInterestExpense
3798000
us-gaap Financing Interest Expense
FinancingInterestExpense
24531000
us-gaap Financing Interest Expense
FinancingInterestExpense
10069000
CY2023Q3 rc Interest Expense Senior Secured Note
InterestExpenseSeniorSecuredNote
4381000
CY2022Q3 rc Interest Expense Senior Secured Note
InterestExpenseSeniorSecuredNote
4380000
rc Interest Expense Senior Secured Note
InterestExpenseSeniorSecuredNote
13159000
rc Interest Expense Senior Secured Note
InterestExpenseSeniorSecuredNote
13117000
CY2023Q3 rc Interest Expense Convertible Note
InterestExpenseConvertibleNote
1042000
CY2022Q3 rc Interest Expense Convertible Note
InterestExpenseConvertibleNote
2188000
rc Interest Expense Convertible Note
InterestExpenseConvertibleNote
5418000
rc Interest Expense Convertible Note
InterestExpenseConvertibleNote
6564000
CY2023Q3 rc Interest Expense Corporate Debt
InterestExpenseCorporateDebt
12984000
CY2022Q3 rc Interest Expense Corporate Debt
InterestExpenseCorporateDebt
10496000
rc Interest Expense Corporate Debt
InterestExpenseCorporateDebt
36405000
rc Interest Expense Corporate Debt
InterestExpenseCorporateDebt
25984000
CY2023Q3 us-gaap Interest Expense
InterestExpense
191612000
CY2022Q3 us-gaap Interest Expense
InterestExpense
115495000
us-gaap Interest Expense
InterestExpense
524540000
us-gaap Interest Expense
InterestExpense
257339000
CY2023Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
58978000
CY2022Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
70531000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
176507000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
206763000
CY2023Q3 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
916027000
CY2023Q3 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
57934000
CY2023Q3 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
38000
CY2022Q4 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
869708000
CY2022Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
55265000
CY2022Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
2068000
CY2023Q3 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
2303000
CY2023Q3 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
8967000
CY2022Q3 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
9877000
CY2022Q3 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
19465000
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
16419000
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
9610000
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
59910000
CY2023Q3 rc Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Real Estate Held For Sale
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedRealEstateHeldForSale
214353000
CY2022Q4 rc Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Real Estate Held For Sale
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedRealEstateHeldForSale
84129000
CY2023Q3 rc Other Real Estate Acquired Through Foreclosure
OtherRealEstateAcquiredThroughForeclosure
67588000
CY2022Q4 rc Other Real Estate Acquired Through Foreclosure
OtherRealEstateAcquiredThroughForeclosure
32969000
CY2023Q3 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
281941000
CY2022Q4 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
117098000
CY2023Q3 us-gaap Goodwill
Goodwill
37818000
CY2022Q4 us-gaap Goodwill
Goodwill
37818000
CY2023Q3 rc Deferred Loan Exit Fees
DeferredLoanExitFees
33565000
CY2022Q4 rc Deferred Loan Exit Fees
DeferredLoanExitFees
36669000
CY2023Q3 us-gaap Interest Receivable
InterestReceivable
54404000
CY2022Q4 us-gaap Interest Receivable
InterestReceivable
34951000
CY2023Q3 rc Due From Servicers
DueFromServicers
41404000
CY2022Q4 rc Due From Servicers
DueFromServicers
24078000
CY2023Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
17940000
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
16308000
CY2023Q3 rc Due From Third Parties
DueFromThirdParties
27322000
CY2022Q4 rc Due From Third Parties
DueFromThirdParties
15114000
CY2023Q3 rc Deferred Finance Costs Excluding Secured Debt Offerings Net
DeferredFinanceCostsExcludingSecuredDebtOfferingsNet
9417000
CY2022Q4 rc Deferred Finance Costs Excluding Secured Debt Offerings Net
DeferredFinanceCostsExcludingSecuredDebtOfferingsNet
5176000
CY2023Q3 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
977000
CY2022Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
977000
CY2023Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
4889000
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1687000
CY2023Q3 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
3446000
CY2022Q4 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
3306000
CY2023Q3 rc Purchased Future Receivables Net
PurchasedFutureReceivablesNet
15948000
CY2022Q4 rc Purchased Future Receivables Net
PurchasedFutureReceivablesNet
8246000
CY2023Q3 us-gaap Other Assets
OtherAssets
18298000
CY2022Q4 us-gaap Other Assets
OtherAssets
16991000
CY2023Q3 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
265428000
CY2022Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
201321000
CY2023Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
37263000
CY2022Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
38245000
CY2023Q3 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
45019000
CY2022Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
34785000
CY2023Q3 us-gaap Servicing Liability
ServicingLiability
8842000
CY2022Q4 us-gaap Servicing Liability
ServicingLiability
13163000
CY2023Q3 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
30885000
CY2022Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
30885000
CY2023Q3 rc Repair And Denial Reserve
RepairAndDenialReserve
7804000
CY2022Q4 rc Repair And Denial Reserve
RepairAndDenialReserve
10846000
CY2023Q3 us-gaap Other Liabilities
OtherLiabilities
7916000
CY2022Q4 us-gaap Other Liabilities
OtherLiabilities
7815000
CY2023Q3 rc Accrued Ppp Related Costs
AccruedPppRelatedCosts
145000
CY2022Q4 rc Accrued Ppp Related Costs
AccruedPppRelatedCosts
4016000
CY2023Q3 us-gaap Accrued Professional Fees Current And Noncurrent
AccruedProfessionalFeesCurrentAndNoncurrent
2483000
CY2022Q4 us-gaap Accrued Professional Fees Current And Noncurrent
AccruedProfessionalFeesCurrentAndNoncurrent
2804000
CY2023Q3 rc Lease Payable
LeasePayable
8839000
CY2022Q4 rc Lease Payable
LeasePayable
1778000
CY2023Q3 us-gaap Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
19102000
CY2022Q4 us-gaap Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
32183000
CY2023Q3 us-gaap Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
168298000
CY2022Q4 us-gaap Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
176520000
CY2023Q3 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
3400000
CY2022Q4 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
3300000
CY2023Q3 us-gaap Debt Securities Held To Maturity Weighted Average Yield
DebtSecuritiesHeldToMaturityWeightedAverageYield
0.100
CY2022Q4 us-gaap Debt Securities Held To Maturity Weighted Average Yield
DebtSecuritiesHeldToMaturityWeightedAverageYield
0.100
CY2023Q3 us-gaap Goodwill
Goodwill
37818000
CY2022Q4 us-gaap Goodwill
Goodwill
37818000
CY2023Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
17940000
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
16308000
CY2023Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
400000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1200000
CY2023Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
7749000
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
755000
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
2752000
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
2506000
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
1839000
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
1704000
CY2023Q3 rc Finite Lived Intangible Assets Amortization Expense After Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFour
4884000
CY2023Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
14440000
CY2023Q3 rc Loan Indemnification Reserve
LoanIndemnificationReserve
1300000
CY2022Q4 rc Loan Indemnification Reserve
LoanIndemnificationReserve
2900000
CY2023Q3 rc Origination Income
OriginationIncome
5198000
CY2022Q3 rc Origination Income
OriginationIncome
3660000
rc Origination Income
OriginationIncome
16126000
rc Origination Income
OriginationIncome
8039000
CY2023Q3 rc Release Of Repair And Denial Reserve
ReleaseOfRepairAndDenialReserve
2097000
CY2022Q3 rc Release Of Repair And Denial Reserve
ReleaseOfRepairAndDenialReserve
1864000
rc Release Of Repair And Denial Reserve
ReleaseOfRepairAndDenialReserve
2425000
rc Release Of Repair And Denial Reserve
ReleaseOfRepairAndDenialReserve
5362000
CY2023Q3 rc Employee Retention Credit Consulting Income
EmployeeRetentionCreditConsultingIncome
5832000
CY2022Q3 rc Employee Retention Credit Consulting Income
EmployeeRetentionCreditConsultingIncome
6958000
rc Employee Retention Credit Consulting Income
EmployeeRetentionCreditConsultingIncome
23988000
rc Employee Retention Credit Consulting Income
EmployeeRetentionCreditConsultingIncome
7261000
CY2023Q3 us-gaap Other Operating Income
OtherOperatingIncome
5188000
CY2022Q3 us-gaap Other Operating Income
OtherOperatingIncome
3668000
us-gaap Other Operating Income
OtherOperatingIncome
14228000
us-gaap Other Operating Income
OtherOperatingIncome
10323000
CY2023Q3 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
18315000
CY2022Q3 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
16150000
us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
56767000
us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
30985000
CY2023Q3 rc Loan Origination Costs
LoanOriginationCosts
1991000
CY2022Q3 rc Loan Origination Costs
LoanOriginationCosts
3288000
rc Loan Origination Costs
LoanOriginationCosts
5390000
rc Loan Origination Costs
LoanOriginationCosts
10390000
CY2023Q3 us-gaap Communications And Information Technology
CommunicationsAndInformationTechnology
2603000
CY2022Q3 us-gaap Communications And Information Technology
CommunicationsAndInformationTechnology
2619000
us-gaap Communications And Information Technology
CommunicationsAndInformationTechnology
6873000
us-gaap Communications And Information Technology
CommunicationsAndInformationTechnology
7035000
CY2023Q3 rc Charge Off Of Real Estate Acquired In Settlement Of Loans
ChargeOffOfRealEstateAcquiredInSettlementOfLoans
1869000
rc Charge Off Of Real Estate Acquired In Settlement Of Loans
ChargeOffOfRealEstateAcquiredInSettlementOfLoans
5287000
rc Charge Off Of Real Estate Acquired In Settlement Of Loans
ChargeOffOfRealEstateAcquiredInSettlementOfLoans
2667000
CY2023Q3 rc Rent And Property Tax Expense
RentAndPropertyTaxExpense
1478000
CY2022Q3 rc Rent And Property Tax Expense
RentAndPropertyTaxExpense
1764000
rc Rent And Property Tax Expense
RentAndPropertyTaxExpense
4259000
rc Rent And Property Tax Expense
RentAndPropertyTaxExpense
4423000
CY2023Q3 rc Recruiting Training And Travel Expenses
RecruitingTrainingAndTravelExpenses
722000
CY2022Q3 rc Recruiting Training And Travel Expenses
RecruitingTrainingAndTravelExpenses
395000
rc Recruiting Training And Travel Expenses
RecruitingTrainingAndTravelExpenses
2345000
rc Recruiting Training And Travel Expenses
RecruitingTrainingAndTravelExpenses
1221000
CY2023Q3 us-gaap Marketing Expense
MarketingExpense
610000
CY2022Q3 us-gaap Marketing Expense
MarketingExpense
575000
us-gaap Marketing Expense
MarketingExpense
1626000
us-gaap Marketing Expense
MarketingExpense
1499000
CY2023Q3 us-gaap Other Expenses
OtherExpenses
5095000
CY2022Q3 us-gaap Other Expenses
OtherExpenses
6755000
us-gaap Other Expenses
OtherExpenses
14147000
us-gaap Other Expenses
OtherExpenses
15186000
CY2023Q3 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
14368000
CY2022Q3 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
15396000
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
39927000
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
42421000
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
CY2023Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.36
CY2023Q3 us-gaap Share Based Compensation
ShareBasedCompensation
2300000
us-gaap Share Based Compensation
ShareBasedCompensation
6200000
CY2022Q3 us-gaap Share Based Compensation
ShareBasedCompensation
2000000.0
us-gaap Share Based Compensation
ShareBasedCompensation
6200000
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
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CY2022Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
106600000
CY2023Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
47179000
CY2022Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
66253000
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
337530000
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
189481000
CY2023Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1517000
CY2022Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
3023000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
7842000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
6672000
CY2023Q3 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
2334000
CY2022Q3 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
2407000
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
7078000
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
7231000
CY2023Q3 rc Net Income Loss From Continuing Operations Basic
NetIncomeLossFromContinuingOperationsBasic
43328000
CY2022Q3 rc Net Income Loss From Continuing Operations Basic
NetIncomeLossFromContinuingOperationsBasic
60823000
rc Net Income Loss From Continuing Operations Basic
NetIncomeLossFromContinuingOperationsBasic
322610000
rc Net Income Loss From Continuing Operations Basic
NetIncomeLossFromContinuingOperationsBasic
175578000
CY2023Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
47179000
CY2022Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
66253000
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
337530000
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
189481000
CY2023Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1517000
CY2022Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
3023000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
7842000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
6672000
CY2023Q3 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
2334000
CY2022Q3 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
2407000
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
7078000
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
7231000
CY2023Q3 rc Expenses Attributable To Dilutive Instruments
ExpensesAttributableToDilutiveInstruments
131000
CY2022Q3 rc Expenses Attributable To Dilutive Instruments
ExpensesAttributableToDilutiveInstruments
2319000
rc Expenses Attributable To Dilutive Instruments
ExpensesAttributableToDilutiveInstruments
393000
rc Expenses Attributable To Dilutive Instruments
ExpensesAttributableToDilutiveInstruments
6957000
CY2023Q3 rc Net Income Loss From Continuing Operations Diluted
NetIncomeLossFromContinuingOperationsDiluted
43459000
CY2022Q3 rc Net Income Loss From Continuing Operations Diluted
NetIncomeLossFromContinuingOperationsDiluted
63142000
rc Net Income Loss From Continuing Operations Diluted
NetIncomeLossFromContinuingOperationsDiluted
323003000
rc Net Income Loss From Continuing Operations Diluted
NetIncomeLossFromContinuingOperationsDiluted
182535000
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
171973933
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
114371160
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
138323878
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
105576826
CY2023Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
2466936
CY2022Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
11295449
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
2304667
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
11288944
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
174440869
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
125666609
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
140628545
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
116865770
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.25
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.53
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.33
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.66
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.25
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.50
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.30
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.56
CY2023Q3 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
57934000
CY2023Q3 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
49314000
CY2023Q3 us-gaap Derivative Assets
DerivativeAssets
8620000
CY2023Q3 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
8620000
CY2023Q3 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Gross
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross
2461441000
CY2023Q3 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Asset
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAsset
38000
CY2023Q3 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoaned
2461403000
CY2023Q3 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Securities
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimSecurities
2443215000
CY2023Q3 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Amount Offset Against Collateral
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAmountOffsetAgainstCollateral
18188000
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
rc Nondeductible Excise Tax Rate
NondeductibleExciseTaxRate
0.04
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3
CY2022Q3 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3
CY2023Q3 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3
CY2023Q3 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
250590000
CY2023Q3 us-gaap Interest Expense
InterestExpense
191612000
CY2023Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
58978000
CY2023Q3 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
-12151000
CY2023Q3 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
71129000
CY2023Q3 us-gaap Interest And Fee Income Loans Consumer
InterestAndFeeIncomeLoansConsumer
7059000
CY2023Q3 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
14402000
CY2023Q3 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
17684000
CY2023Q3 rc Bank Servicing Income
BankServicingIncome
16033000
CY2023Q3 rc Non Interest Income On Purchased Future Receivables
NonInterestIncomeOnPurchasedFutureReceivables
904000
CY2023Q3 rc Business Combination Bargain Purchase Gain Loss Recognized Amount
BusinessCombinationBargainPurchaseGainLossRecognizedAmount
-14862000
CY2023Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
56000
CY2023Q3 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
18315000
CY2023Q3 us-gaap Noninterest Income
NoninterestIncome
59591000
CY2023Q3 rc Correspondent Fees And Other Direct Loan Expenses
CorrespondentFeesAndOtherDirectLoanExpenses
4091000
CY2023Q3 us-gaap Professional Fees
ProfessionalFees
7810000
CY2023Q3 us-gaap Loan Portfolio Expense
LoanPortfolioExpense
15818000
CY2023Q3 us-gaap Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
2329000
CY2023Q3 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
14368000
CY2023Q3 us-gaap Noninterest Expense
NoninterestExpense
79514000
CY2023Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
51206000
CY2023Q3 rc Assets Excluding Assets Of Discontinued Operations
AssetsExcludingAssetsOfDiscontinuedOperations
12799433000
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
701047000
us-gaap Interest Expense
InterestExpense
524540000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
176507000
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
542000
us-gaap Interest Income Expense After Provision For Loan Loss
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