2024 Q2 Form 10-Q Financial Statement

#000155837024007797 Filed on May 10, 2024

View on sec.gov

Income Statement

Concept 2024 Q2 2024 Q1
Revenue $234.1M $232.4M
YoY Change 0.53% 6.79%
Cost Of Revenue $203.1M $206.6M
YoY Change 7.32% 18.47%
Gross Profit -$43.41M -$105.0M
YoY Change -160.24% -245.29%
Gross Profit Margin -18.54% -45.19%
Selling, General & Admin $22.17M $23.23M
YoY Change -29.82% -19.51%
% of Gross Profit
Research & Development $2.232M $2.593M
YoY Change 3.53% 22.66%
% of Gross Profit
Depreciation & Amortization $900.0K $400.0K
YoY Change 125.0% -33.33%
% of Gross Profit
Operating Expenses $2.232M $2.593M
YoY Change 3.53% 22.66%
Operating Profit -$45.64M -$107.6M
YoY Change -165.29% -253.37%
Interest Expense $7.032M $183.8M
YoY Change -95.92% 14.6%
% of Operating Profit
Other Income/Expense, Net $4.970M $3.571M
YoY Change 7.44% -19.32%
Pretax Income -$80.01M -$105.8M
YoY Change -130.95% -383.1%
Income Tax -$48.58M -$30.21M
% Of Pretax Income
Net Earnings -$34.20M -$74.17M
YoY Change -113.5% -300.57%
Net Earnings / Revenue -14.61% -31.92%
Basic Earnings Per Share -$0.23 -$0.44
Diluted Earnings Per Share -$0.23 -$0.44
COMMON SHARES
Basic Shares Outstanding 168.9M 172.6M
Diluted Shares Outstanding 169.9M 173.1M

Balance Sheet

Concept 2024 Q2 2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $226.3M $166.0M
YoY Change -0.54% 49.29%
Cash & Equivalents $226.3M $166.0M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $65.50M $64.44M
Other Receivables $58.72M $65.27M
Total Short-Term Assets $350.5M $295.7M
YoY Change 14.63% 64.09%
LONG-TERM ASSETS
Property, Plant & Equipment $3.957M $4.297M
YoY Change -28.57% 81.77%
Goodwill $49.09M $38.53M
YoY Change 29.81% 1.88%
Intangibles $28.70M $18.07M
YoY Change 63.84% 7.14%
Long-Term Investments $134.6M $132.7M
YoY Change -96.61% 16.26%
Other Assets $515.1M $528.7M
YoY Change 562.44% 469.38%
Total Long-Term Assets $11.42B $11.75B
YoY Change -5.41% 3.44%
TOTAL ASSETS
Total Short-Term Assets $350.5M $295.7M
Total Long-Term Assets $11.42B $11.75B
Total Assets $11.77B $12.04B
YoY Change -4.92% 4.39%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $90.24M $79.94M
YoY Change 107.27% 210.92%
Accrued Expenses $81.55M $80.98M
YoY Change -4.32% 6.66%
Deferred Revenue
YoY Change
Short-Term Debt $89.53M $73.75M
YoY Change 64.4% 31.77%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $314.4M $288.6M
YoY Change 50.01% 40.83%
LONG-TERM LIABILITIES
Long-Term Debt $8.686B $8.894B
YoY Change -7.1% -4.54%
Other Long-Term Liabilities $340.8M $320.0M
YoY Change 319.17% 231.75%
Total Long-Term Liabilities $9.027B $9.214B
YoY Change -4.29% -2.12%
TOTAL LIABILITIES
Total Short-Term Liabilities $314.4M $288.6M
Total Long-Term Liabilities $9.027B $9.214B
Total Liabilities $9.374B $9.535B
YoY Change -4.07% -1.18%
SHAREHOLDERS EQUITY
Retained Earnings -$92.32M -$3.546M
YoY Change -149.33% -45.71%
Common Stock $17.00K $17.00K
YoY Change 0.0% 54.55%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.293B $2.403B
YoY Change
Total Liabilities & Shareholders Equity $11.77B $12.04B
YoY Change -4.92% 4.39%

Cashflow Statement

Concept 2024 Q2 2024 Q1
OPERATING ACTIVITIES
Net Income -$34.20M -$74.17M
YoY Change -113.5% -300.57%
Depreciation, Depletion And Amortization $900.0K $400.0K
YoY Change 125.0% -33.33%
Cash From Operating Activities -$5.039M $23.45M
YoY Change -113.21% -2685.45%
INVESTING ACTIVITIES
Capital Expenditures $390.0K $591.0K
YoY Change -82.97% -64.78%
Acquisitions
YoY Change
Other Investing Activities $320.6M $305.4M
YoY Change 11.3% 516.08%
Cash From Investing Activities $320.2M $304.8M
YoY Change 12.06% 536.43%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -267.1M -359.7M
YoY Change 47.09% 269.66%
NET CHANGE
Cash From Operating Activities -5.039M 23.45M
Cash From Investing Activities 320.2M 304.8M
Cash From Financing Activities -267.1M -359.7M
Net Change In Cash 47.99M -31.45M
YoY Change -66.26% -37.5%
FREE CASH FLOW
Cash From Operating Activities -$5.039M $23.45M
Capital Expenditures $390.0K $591.0K
Free Cash Flow -$5.429M $22.86M
YoY Change -115.14% -984.29%

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CY2024Q1 us-gaap Basis Of Accounting
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<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;"><b style="font-weight:bold;">Note 2. Basis of Presentation</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;"><span style="visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;">The unaudited interim consolidated financial statements herein, referred to as the “consolidated financial statements”, as of March 31, 2024 and December 31, 2023 and for the three months ended March 31, 2024 and 2023, 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, 2023, as filed with the SEC.</p>
CY2024Q1 us-gaap Use Of Estimates
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<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>
CY2024Q1 us-gaap Prior Period Reclassification Adjustment Description
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<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>
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0
CY2024Q1 rc Loans Non Accrual Status Number Of Consecutive Months Payments Received Before Resuming Recognition Of Interest Income
LoansNonAccrualStatusNumberOfConsecutiveMonthsPaymentsReceivedBeforeResumingRecognitionOfInterestIncome
3
CY2024Q1 rc Financing Receivable Gross Excluding Financing Receivables Of Consolidated Variable Interest Entities
FinancingReceivableGrossExcludingFinancingReceivablesOfConsolidatedVariableInterestEntities
3454420000
CY2024Q1 rc Financing Receivable Unpaid Principal Balance Gross Excluding Loans Of Consolidated Variable Interest Entities
FinancingReceivableUnpaidPrincipalBalanceGrossExcludingLoansOfConsolidatedVariableInterestEntities
3467762000
CY2023Q4 rc Financing Receivable Gross Excluding Financing Receivables Of Consolidated Variable Interest Entities
FinancingReceivableGrossExcludingFinancingReceivablesOfConsolidatedVariableInterestEntities
4101590000
CY2023Q4 rc Financing Receivable Unpaid Principal Balance Gross Excluding Loans Of Consolidated Variable Interest Entities
FinancingReceivableUnpaidPrincipalBalanceGrossExcludingLoansOfConsolidatedVariableInterestEntities
4114022000
CY2024Q1 rc Financing Receivable Allowance Excluding Consolidated Variable Interest Entities
FinancingReceivableAllowanceExcludingConsolidatedVariableInterestEntities
53939000
CY2023Q4 rc Financing Receivable Allowance Excluding Consolidated Variable Interest Entities
FinancingReceivableAllowanceExcludingConsolidatedVariableInterestEntities
81430000
CY2024Q1 rc Financing Receivable Net Reported Amount Excluding Loans Of Consolidated Variable Interest Entities
FinancingReceivableNetReportedAmountExcludingLoansOfConsolidatedVariableInterestEntities
3400481000
CY2024Q1 rc Financing Receivable Net Reported Amount Excluding Loans Of Consolidated Variable Interest Entities Unpaid Principal Balance
FinancingReceivableNetReportedAmountExcludingLoansOfConsolidatedVariableInterestEntitiesUnpaidPrincipalBalance
3467762000
CY2023Q4 rc Financing Receivable Net Reported Amount Excluding Loans Of Consolidated Variable Interest Entities
FinancingReceivableNetReportedAmountExcludingLoansOfConsolidatedVariableInterestEntities
4020160000
CY2023Q4 rc Financing Receivable Net Reported Amount Excluding Loans Of Consolidated Variable Interest Entities Unpaid Principal Balance
FinancingReceivableNetReportedAmountExcludingLoansOfConsolidatedVariableInterestEntitiesUnpaidPrincipalBalance
4114022000
CY2024Q1 us-gaap Loans Held For Sale Fair Value Disclosure
LoansHeldForSaleFairValueDisclosure
584072000
CY2024Q1 rc Loans Held For Sale Fair Value Disclosure Unpaid Principal Balance
LoansHeldForSaleFairValueDisclosureUnpaidPrincipalBalance
715502000
CY2023Q4 us-gaap Loans Held For Sale Fair Value Disclosure
LoansHeldForSaleFairValueDisclosure
81599000
CY2023Q4 rc Loans Held For Sale Fair Value Disclosure Unpaid Principal Balance
LoansHeldForSaleFairValueDisclosureUnpaidPrincipalBalance
77795000
CY2024Q1 rc Total Loans Net And Loans Held For Sale Fair Value Disclosure
TotalLoansNetAndLoansHeldForSaleFairValueDisclosure
10338210000
CY2024Q1 rc Total Loans Net And Loans Held For Sale Unpaid Principal Balance
TotalLoansNetAndLoansHeldForSaleUnpaidPrincipalBalance
10586552000
CY2023Q4 rc Total Loans Net And Loans Held For Sale Fair Value Disclosure
TotalLoansNetAndLoansHeldForSaleFairValueDisclosure
10713084000
CY2023Q4 rc Total Loans Net And Loans Held For Sale Unpaid Principal Balance
TotalLoansNetAndLoansHeldForSaleUnpaidPrincipalBalance
10857984000
CY2024Q1 rc Financing Receivable Allowance Specific And Purchased Credit Deteriorated Loans
FinancingReceivableAllowanceSpecificAndPurchasedCreditDeterioratedLoans
21600000
CY2024Q1 rc Financing Receivable Allowance For Credit Loss Purchased With Credit Deterioration
FinancingReceivableAllowanceForCreditLossPurchasedWithCreditDeterioration
11200000
CY2023Q4 rc Financing Receivable Allowance Specific And Purchased Credit Deteriorated Loans
FinancingReceivableAllowanceSpecificAndPurchasedCreditDeterioratedLoans
57100000
CY2023Q4 rc Financing Receivable Allowance For Credit Loss Purchased With Credit Deterioration
FinancingReceivableAllowanceForCreditLossPurchasedWithCreditDeterioration
21400000
CY2024Q1 rc Financing Receivable Net Amount Unpaid Principal Amount Including Loans Of Consolidated Variable Interest Entities
FinancingReceivableNetAmountUnpaidPrincipalAmountIncludingLoansOfConsolidatedVariableInterestEntities
9851877000
CY2024Q1 us-gaap Financing Receivable Originated In Current Fiscal Year
FinancingReceivableOriginatedInCurrentFiscalYear
137115000
CY2024Q1 us-gaap Financing Receivable Originated In Fiscal Year Before Latest Fiscal Year
FinancingReceivableOriginatedInFiscalYearBeforeLatestFiscalYear
559231000
CY2024Q1 us-gaap Financing Receivable Originated Two Years Before Latest Fiscal Year
FinancingReceivableOriginatedTwoYearsBeforeLatestFiscalYear
3378635000
CY2024Q1 us-gaap Financing Receivable Originated Three Years Before Latest Fiscal Year
FinancingReceivableOriginatedThreeYearsBeforeLatestFiscalYear
3451975000
CY2024Q1 us-gaap Financing Receivable Originated Four Years Before Latest Fiscal Year
FinancingReceivableOriginatedFourYearsBeforeLatestFiscalYear
464900000
CY2024Q1 us-gaap Financing Receivable Originated Five Or More Years Before Latest Fiscal Year
FinancingReceivableOriginatedFiveOrMoreYearsBeforeLatestFiscalYear
1797182000
CY2024Q1 rc Financing Receivable Net Amount Including Loans Of Consolidated Variable Interest Entities
FinancingReceivableNetAmountIncludingLoansOfConsolidatedVariableInterestEntities
9789038000
CY2024Q1 rc Financing Receivables General Allowance For Loan Losses Assessed On Collective Basis
FinancingReceivablesGeneralAllowanceForLoanLossesAssessedOnCollectiveBasis
45873000
CY2024Q1 rc Financing Receivable Amount Including Loans Of Consolidated Variable Interest Entities Net Of General Allowance For Loan Losses
FinancingReceivableAmountIncludingLoansOfConsolidatedVariableInterestEntitiesNetOfGeneralAllowanceForLoanLosses
9743165000
CY2024Q1 us-gaap Financing Receivable Year Two Originated Fiscal Year Before Current Fiscal Year Writeoff
FinancingReceivableYearTwoOriginatedFiscalYearBeforeCurrentFiscalYearWriteoff
494000
CY2024Q1 us-gaap Financing Receivable Year Three Originated Two Years Before Current Fiscal Year Writeoff
FinancingReceivableYearThreeOriginatedTwoYearsBeforeCurrentFiscalYearWriteoff
873000
CY2024Q1 us-gaap Financing Receivable Year Four Originated Three Years Before Current Fiscal Year Writeoff
FinancingReceivableYearFourOriginatedThreeYearsBeforeCurrentFiscalYearWriteoff
35000
CY2024Q1 us-gaap Financing Receivable Year Five Originated Four Years Before Current Fiscal Year Writeoff
FinancingReceivableYearFiveOriginatedFourYearsBeforeCurrentFiscalYearWriteoff
201000
CY2024Q1 us-gaap Financing Receivable Originated More Than Five Years Before Current Fiscal Year Writeoff
FinancingReceivableOriginatedMoreThanFiveYearsBeforeCurrentFiscalYearWriteoff
4150000
CY2024Q1 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
5753000
CY2023Q4 rc Financing Receivable Net Amount Unpaid Principal Amount Including Loans Of Consolidated Variable Interest Entities
FinancingReceivableNetAmountUnpaidPrincipalAmountIncludingLoansOfConsolidatedVariableInterestEntities
10780189000
CY2023Q4 us-gaap Financing Receivable Originated In Current Fiscal Year
FinancingReceivableOriginatedInCurrentFiscalYear
590350000
CY2023Q4 us-gaap Financing Receivable Originated In Fiscal Year Before Latest Fiscal Year
FinancingReceivableOriginatedInFiscalYearBeforeLatestFiscalYear
3679345000
CY2023Q4 us-gaap Financing Receivable Originated Two Years Before Latest Fiscal Year
FinancingReceivableOriginatedTwoYearsBeforeLatestFiscalYear
3680518000
CY2023Q4 us-gaap Financing Receivable Originated Three Years Before Latest Fiscal Year
FinancingReceivableOriginatedThreeYearsBeforeLatestFiscalYear
582228000
CY2023Q4 us-gaap Financing Receivable Originated Four Years Before Latest Fiscal Year
FinancingReceivableOriginatedFourYearsBeforeLatestFiscalYear
1038298000
CY2023Q4 us-gaap Financing Receivable Originated Five Or More Years Before Latest Fiscal Year
FinancingReceivableOriginatedFiveOrMoreYearsBeforeLatestFiscalYear
1105219000
CY2023Q4 rc Financing Receivable Net Amount Including Loans Of Consolidated Variable Interest Entities
FinancingReceivableNetAmountIncludingLoansOfConsolidatedVariableInterestEntities
10675958000
CY2023Q4 rc Financing Receivables General Allowance For Loan Losses Assessed On Collective Basis
FinancingReceivablesGeneralAllowanceForLoanLossesAssessedOnCollectiveBasis
44473000
CY2023Q4 rc Financing Receivable Amount Including Loans Of Consolidated Variable Interest Entities Net Of General Allowance For Loan Losses
FinancingReceivableAmountIncludingLoansOfConsolidatedVariableInterestEntitiesNetOfGeneralAllowanceForLoanLosses
10631485000
CY2023 us-gaap Financing Receivable Year One Originated Current Fiscal Year Writeoff
FinancingReceivableYearOneOriginatedCurrentFiscalYearWriteoff
100000
CY2023 us-gaap Financing Receivable Year Two Originated Fiscal Year Before Current Fiscal Year Writeoff
FinancingReceivableYearTwoOriginatedFiscalYearBeforeCurrentFiscalYearWriteoff
950000
CY2023 us-gaap Financing Receivable Year Three Originated Two Years Before Current Fiscal Year Writeoff
FinancingReceivableYearThreeOriginatedTwoYearsBeforeCurrentFiscalYearWriteoff
3236000
CY2023 us-gaap Financing Receivable Year Four Originated Three Years Before Current Fiscal Year Writeoff
FinancingReceivableYearFourOriginatedThreeYearsBeforeCurrentFiscalYearWriteoff
258000
CY2023 us-gaap Financing Receivable Year Five Originated Four Years Before Current Fiscal Year Writeoff
FinancingReceivableYearFiveOriginatedFourYearsBeforeCurrentFiscalYearWriteoff
360000
CY2023 us-gaap Financing Receivable Originated More Than Five Years Before Current Fiscal Year Writeoff
FinancingReceivableOriginatedMoreThanFiveYearsBeforeCurrentFiscalYearWriteoff
25731000
CY2023 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
30635000
CY2024Q1 rc Financing Receivable Net Amount Unpaid Principal Amount Including Loans Of Consolidated Variable Interest Entities
FinancingReceivableNetAmountUnpaidPrincipalAmountIncludingLoansOfConsolidatedVariableInterestEntities
9851877000
CY2024Q1 us-gaap Financing Receivable Originated In Current Fiscal Year
FinancingReceivableOriginatedInCurrentFiscalYear
137115000
CY2024Q1 us-gaap Financing Receivable Originated In Fiscal Year Before Latest Fiscal Year
FinancingReceivableOriginatedInFiscalYearBeforeLatestFiscalYear
559231000
CY2024Q1 us-gaap Financing Receivable Originated Two Years Before Latest Fiscal Year
FinancingReceivableOriginatedTwoYearsBeforeLatestFiscalYear
3378635000
CY2024Q1 us-gaap Financing Receivable Originated Three Years Before Latest Fiscal Year
FinancingReceivableOriginatedThreeYearsBeforeLatestFiscalYear
3451975000
CY2024Q1 us-gaap Financing Receivable Originated Four Years Before Latest Fiscal Year
FinancingReceivableOriginatedFourYearsBeforeLatestFiscalYear
464900000
CY2024Q1 us-gaap Financing Receivable Originated Five Or More Years Before Latest Fiscal Year
FinancingReceivableOriginatedFiveOrMoreYearsBeforeLatestFiscalYear
1797182000
CY2024Q1 rc Financing Receivable Net Amount Including Loans Of Consolidated Variable Interest Entities
FinancingReceivableNetAmountIncludingLoansOfConsolidatedVariableInterestEntities
9789038000
CY2024Q1 rc Financing Receivables General Allowance For Loan Losses Assessed On Collective Basis
FinancingReceivablesGeneralAllowanceForLoanLossesAssessedOnCollectiveBasis
45873000
CY2024Q1 rc Financing Receivable Amount Including Loans Of Consolidated Variable Interest Entities Net Of General Allowance For Loan Losses
FinancingReceivableAmountIncludingLoansOfConsolidatedVariableInterestEntitiesNetOfGeneralAllowanceForLoanLosses
9743165000
CY2023Q4 rc Financing Receivable Net Amount Unpaid Principal Amount Including Loans Of Consolidated Variable Interest Entities
FinancingReceivableNetAmountUnpaidPrincipalAmountIncludingLoansOfConsolidatedVariableInterestEntities
10780189000
CY2023Q4 us-gaap Financing Receivable Originated In Current Fiscal Year
FinancingReceivableOriginatedInCurrentFiscalYear
590350000
CY2023Q4 us-gaap Financing Receivable Originated In Fiscal Year Before Latest Fiscal Year
FinancingReceivableOriginatedInFiscalYearBeforeLatestFiscalYear
3679345000
CY2023Q4 us-gaap Financing Receivable Originated Two Years Before Latest Fiscal Year
FinancingReceivableOriginatedTwoYearsBeforeLatestFiscalYear
3680518000
CY2023Q4 us-gaap Financing Receivable Originated Three Years Before Latest Fiscal Year
FinancingReceivableOriginatedThreeYearsBeforeLatestFiscalYear
582228000
CY2023Q4 us-gaap Financing Receivable Originated Four Years Before Latest Fiscal Year
FinancingReceivableOriginatedFourYearsBeforeLatestFiscalYear
1038298000
CY2023Q4 us-gaap Financing Receivable Originated Five Or More Years Before Latest Fiscal Year
FinancingReceivableOriginatedFiveOrMoreYearsBeforeLatestFiscalYear
1105219000
CY2023Q4 rc Financing Receivable Net Amount Including Loans Of Consolidated Variable Interest Entities
FinancingReceivableNetAmountIncludingLoansOfConsolidatedVariableInterestEntities
10675958000
CY2023Q4 rc Financing Receivables General Allowance For Loan Losses Assessed On Collective Basis
FinancingReceivablesGeneralAllowanceForLoanLossesAssessedOnCollectiveBasis
44473000
CY2023Q4 rc Financing Receivable Amount Including Loans Of Consolidated Variable Interest Entities Net Of General Allowance For Loan Losses
FinancingReceivableAmountIncludingLoansOfConsolidatedVariableInterestEntitiesNetOfGeneralAllowanceForLoanLosses
10631485000
CY2024Q1 rc Financing Receivable Net Amount Including Loans Of Consolidated Variable Interest Entities
FinancingReceivableNetAmountIncludingLoansOfConsolidatedVariableInterestEntities
9789038000
CY2024Q1 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
455718000
CY2024Q1 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
48956000
CY2024Q1 rc Financing Receivables General Allowance For Loan Losses Assessed On Collective Basis
FinancingReceivablesGeneralAllowanceForLoanLossesAssessedOnCollectiveBasis
45873000
CY2024Q1 rc Financing Receivable Amount Including Loans Of Consolidated Variable Interest Entities Net Of General Allowance For Loan Losses
FinancingReceivableAmountIncludingLoansOfConsolidatedVariableInterestEntitiesNetOfGeneralAllowanceForLoanLosses
9743165000
CY2024Q1 rc Financing Receivable Percentage Of Total Outstanding
FinancingReceivablePercentageOfTotalOutstanding
1
CY2024Q1 us-gaap Financing Receivable Nonaccrual Percent Past Due1
FinancingReceivableNonaccrualPercentPastDue1
0.047
CY2024Q1 rc Financing Receivable90 Days Past Due And Still Accruing Percent Past Due
FinancingReceivable90DaysPastDueAndStillAccruingPercentPastDue
0.005
CY2023Q4 rc Financing Receivable Net Amount Including Loans Of Consolidated Variable Interest Entities
FinancingReceivableNetAmountIncludingLoansOfConsolidatedVariableInterestEntities
10675958000
CY2023Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
634001000
CY2023Q4 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
82821000
CY2023Q4 rc Financing Receivables General Allowance For Loan Losses Assessed On Collective Basis
FinancingReceivablesGeneralAllowanceForLoanLossesAssessedOnCollectiveBasis
44473000
CY2023Q4 rc Financing Receivable Amount Including Loans Of Consolidated Variable Interest Entities Net Of General Allowance For Loan Losses
FinancingReceivableAmountIncludingLoansOfConsolidatedVariableInterestEntitiesNetOfGeneralAllowanceForLoanLosses
10631485000
CY2023 rc Financing Receivable Percentage Of Total Outstanding
FinancingReceivablePercentageOfTotalOutstanding
1
CY2023Q4 us-gaap Financing Receivable Nonaccrual Percent Past Due1
FinancingReceivableNonaccrualPercentPastDue1
0.059
CY2023Q4 rc Financing Receivable90 Days Past Due And Still Accruing Percent Past Due
FinancingReceivable90DaysPastDueAndStillAccruingPercentPastDue
0.008
CY2024Q1 rc Financing Receivable Net Amount Including Loans Of Consolidated Variable Interest Entities
FinancingReceivableNetAmountIncludingLoansOfConsolidatedVariableInterestEntities
9789038000
CY2024Q1 rc Financing Receivables General Allowance For Loan Losses Assessed On Collective Basis
FinancingReceivablesGeneralAllowanceForLoanLossesAssessedOnCollectiveBasis
45873000
CY2024Q1 rc Financing Receivable Amount Including Loans Of Consolidated Variable Interest Entities Net Of General Allowance For Loan Losses
FinancingReceivableAmountIncludingLoansOfConsolidatedVariableInterestEntitiesNetOfGeneralAllowanceForLoanLosses
9743165000
CY2023Q4 rc Financing Receivable Net Amount Including Loans Of Consolidated Variable Interest Entities
FinancingReceivableNetAmountIncludingLoansOfConsolidatedVariableInterestEntities
10675958000
CY2023Q4 rc Financing Receivables General Allowance For Loan Losses Assessed On Collective Basis
FinancingReceivablesGeneralAllowanceForLoanLossesAssessedOnCollectiveBasis
44473000
CY2023Q4 rc Financing Receivable Amount Including Loans Of Consolidated Variable Interest Entities Net Of General Allowance For Loan Losses
FinancingReceivableAmountIncludingLoansOfConsolidatedVariableInterestEntitiesNetOfGeneralAllowanceForLoanLosses
10631485000
CY2024Q1 rc Financing Receivables General Allowance For Loan Losses Assessed On Collective Basis
FinancingReceivablesGeneralAllowanceForLoanLossesAssessedOnCollectiveBasis
45873000
CY2024Q1 rc Financing Receivable Specific Allowance
FinancingReceivableSpecificAllowance
10371000
CY2024Q1 rc Financing Receivable Allowance For Credit Loss Purchased With Credit Deterioration
FinancingReceivableAllowanceForCreditLossPurchasedWithCreditDeterioration
11179000
CY2024Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
67423000
CY2023Q4 rc Financing Receivables General Allowance For Loan Losses Assessed On Collective Basis
FinancingReceivablesGeneralAllowanceForLoanLossesAssessedOnCollectiveBasis
44473000
CY2023Q4 rc Financing Receivable Specific Allowance
FinancingReceivableSpecificAllowance
35710000
CY2023Q4 rc Financing Receivable Allowance For Credit Loss Purchased With Credit Deterioration
FinancingReceivableAllowanceForCreditLossPurchasedWithCreditDeterioration
21422000
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
101605000
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
101605000
CY2024Q1 rc Financing Receivable Excluding Unfunded Lending Commitments Credit Loss Expense Reversal
FinancingReceivableExcludingUnfundedLendingCommitmentsCreditLossExpenseReversal
-28557000
CY2024Q1 rc Financing Receivable Allowance For Credit Loss Sales And Writeoff
FinancingReceivableAllowanceForCreditLossSalesAndWriteoff
5753000
CY2024Q1 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
128000
CY2024Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
67423000
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
90519000
CY2023Q1 rc Financing Receivable Excluding Unfunded Lending Commitments Credit Loss Expense Reversal
FinancingReceivableExcludingUnfundedLendingCommitmentsCreditLossExpenseReversal
-4546000
CY2023Q1 rc Financing Receivable Allowance For Credit Loss Sales And Writeoff
FinancingReceivableAllowanceForCreditLossSalesAndWriteoff
18222000
CY2023Q1 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
29000
CY2023Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
67780000
CY2024Q1 rc Financing Receivable Loan Modifications Percentage Of Total Carrying Value Of Loans Net
FinancingReceivableLoanModificationsPercentageOfTotalCarryingValueOfLoansNet
0.007
CY2023 rc Financing Receivable Loan Modifications Percentage Of Total Carrying Value Of Loans Net
FinancingReceivableLoanModificationsPercentageOfTotalCarryingValueOfLoansNet
0.044
CY2024Q1 us-gaap Mortgage Loans In Process Of Foreclosure Amount
MortgageLoansInProcessOfForeclosureAmount
23600000
CY2023Q4 us-gaap Mortgage Loans In Process Of Foreclosure Amount
MortgageLoansInProcessOfForeclosureAmount
95000000.0
CY2024Q1 us-gaap Loans And Leases Receivable Impaired Commitment To Lend
LoansAndLeasesReceivableImpairedCommitmentToLend
12900000
CY2023Q1 rc Financing Receivable Purchased With Credit Deterioration During Period
FinancingReceivablePurchasedWithCreditDeteriorationDuringPeriod
0
CY2024Q1 rc Financing Receivable Purchased With Credit Deterioration During Period
FinancingReceivablePurchasedWithCreditDeteriorationDuringPeriod
0
CY2023Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
117503000
CY2022Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
158727000
CY2023Q1 rc Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales And Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSalesAndSettlements
-8989000
CY2024Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
7628000
CY2024Q1 rc Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Unrealized Gain Loss
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetUnrealizedGainLoss
-1386000
CY2023Q1 rc Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Unrealized Gain Loss
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetUnrealizedGainLoss
173000
CY2024Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Net
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet
-10028000
CY2024Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
113717000
CY2023Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
167889000
CY2024Q1 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
103555000
CY2023Q1 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
89951000
CY2023Q1 us-gaap Interest And Dividend Income Securities Held To Maturity
InterestAndDividendIncomeSecuritiesHeldToMaturity
8000
CY2024Q1 us-gaap Principal Amount Outstanding On Loans Securitized
PrincipalAmountOutstandingOnLoansSecuritized
7052779000
CY2024Q1 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
103555000
CY2023Q4 us-gaap Principal Amount Outstanding On Loans Securitized
PrincipalAmountOutstandingOnLoansSecuritized
6898073000
CY2023Q4 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
102837000
CY2024Q1 rc Servicing Rights Amortization Expense Remainder Of Fiscal Year
ServicingRightsAmortizationExpenseRemainderOfFiscalYear
11877000
CY2024Q1 rc Servicing Rights Amortization Expense Year One
ServicingRightsAmortizationExpenseYearOne
14078000
CY2024Q1 rc Servicing Rights Amortization Expense Year Two
ServicingRightsAmortizationExpenseYearTwo
12693000
CY2024Q1 rc Servicing Rights Amortization Expense Year Three
ServicingRightsAmortizationExpenseYearThree
11347000
CY2024Q1 rc Servicing Rights Amortization Expense Year Four
ServicingRightsAmortizationExpenseYearFour
10140000
CY2024Q1 rc Servicing Rights Amortization Expense After Year Four
ServicingRightsAmortizationExpenseAfterYearFour
43420000
CY2024Q1 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
103555000
CY2024Q1 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
5074974000
CY2024Q1 us-gaap Secured Debt
SecuredDebt
2198272000
CY2023Q4 us-gaap Secured Debt
SecuredDebt
2102075000
CY2024Q1 us-gaap Long Term Debt
LongTermDebt
1111654000
CY2024Q1 rc Interest And Dividend Income Preferred Equity Investments
InterestAndDividendIncomePreferredEquityInvestments
1084000
CY2023Q1 rc Interest And Dividend Income Preferred Equity Investments
InterestAndDividendIncomePreferredEquityInvestments
2168000
CY2024Q1 us-gaap Interest Income Securities Mortgage Backed
InterestIncomeSecuritiesMortgageBacked
956000
CY2023Q1 us-gaap Interest Income Securities Mortgage Backed
InterestIncomeSecuritiesMortgageBacked
1122000
CY2024Q1 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
232354000
CY2023Q1 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
215968000
CY2024Q1 us-gaap Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
47638000
CY2024Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
120000000
CY2024Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
760884000
CY2024Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
100000000
CY2024Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
110000000
CY2024Q1 rc Long Term Debt Maturities Repayments Of Principal After Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFour
36250000
CY2024Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1127134000
CY2024Q1 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
15480000
CY2024Q1 us-gaap Long Term Debt
LongTermDebt
1111654000
CY2024Q1 us-gaap Contractual Obligation Future Minimum Payments Due Remainder Of Fiscal Year
ContractualObligationFutureMinimumPaymentsDueRemainderOfFiscalYear
238000
CY2024Q1 us-gaap Contractual Obligation Due In Next Twelve Months
ContractualObligationDueInNextTwelveMonths
501000
CY2024Q1 us-gaap Contractual Obligation Due In Second Year
ContractualObligationDueInSecondYear
2250000
CY2024Q1 us-gaap Contractual Obligation Due In Third Year
ContractualObligationDueInThirdYear
8345000
CY2024Q1 us-gaap Contractual Obligation Due In Fourth Year
ContractualObligationDueInFourthYear
9124000
CY2024Q1 rc Contractual Obligation Due After Fourth Year
ContractualObligationDueAfterFourthYear
794326000
CY2024Q1 us-gaap Contractual Obligation
ContractualObligation
814784000
CY2024Q1 rc Principal Amount Outstanding On Loans Securitized Non Company Sponsored
PrincipalAmountOutstandingOnLoansSecuritizedNonCompanySponsored
1300000
CY2023Q4 rc Principal Amount Outstanding On Loans Securitized Non Company Sponsored
PrincipalAmountOutstandingOnLoansSecuritizedNonCompanySponsored
1600000
CY2024Q1 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
230083000
CY2023Q1 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
211928000
CY2024Q1 us-gaap Interest And Fee Income Loans And Leases Held For Sale
InterestAndFeeIncomeLoansAndLeasesHeldForSale
218000
CY2023Q1 us-gaap Interest And Fee Income Loans And Leases Held For Sale
InterestAndFeeIncomeLoansAndLeasesHeldForSale
742000
CY2024Q1 us-gaap Interest And Dividend Income Securities Held To Maturity
InterestAndDividendIncomeSecuritiesHeldToMaturity
13000
CY2023Q1 us-gaap Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
45220000
CY2024Q1 us-gaap Interest Expense Beneficial Interests Issued By Consolidated Variable Interest Entities
InterestExpenseBeneficialInterestsIssuedByConsolidatedVariableInterestEntities
100252000
CY2023Q1 us-gaap Interest Expense Beneficial Interests Issued By Consolidated Variable Interest Entities
InterestExpenseBeneficialInterestsIssuedByConsolidatedVariableInterestEntities
90601000
CY2024Q1 us-gaap Financing Interest Expense
FinancingInterestExpense
18508000
CY2023Q1 us-gaap Financing Interest Expense
FinancingInterestExpense
4872000
CY2024Q1 rc Interest Expense Senior Secured Note
InterestExpenseSeniorSecuredNote
4381000
CY2023Q1 rc Interest Expense Senior Secured Note
InterestExpenseSeniorSecuredNote
4381000
CY2023Q1 rc Interest Expense Convertible Note
InterestExpenseConvertibleNote
2188000
CY2024Q1 rc Interest Expense Corporate Debt
InterestExpenseCorporateDebt
12998000
CY2023Q1 rc Interest Expense Corporate Debt
InterestExpenseCorporateDebt
11442000
CY2024Q1 us-gaap Interest Expense
InterestExpense
183805000
CY2023Q1 us-gaap Interest Expense
InterestExpense
158868000
CY2024Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
48549000
CY2023Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
57100000
CY2024Q1 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
670470000
CY2024Q1 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
55810000
CY2024Q1 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
593000
CY2023Q4 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
638667000
CY2023Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
36812000
CY2023Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
212000
CY2024Q1 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
4392000
CY2024Q1 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
6886000
CY2023Q1 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
3686000
CY2023Q1 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
-8921000
CY2024Q1 rc Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Real Estate Held For Sale
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedRealEstateHeldForSale
198995000
CY2023Q4 rc Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Real Estate Held For Sale
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedRealEstateHeldForSale
212630000
CY2024Q1 rc Other Real Estate Acquired Through Foreclosure
OtherRealEstateAcquiredThroughForeclosure
40879000
CY2023Q4 rc Other Real Estate Acquired Through Foreclosure
OtherRealEstateAcquiredThroughForeclosure
40319000
CY2024Q1 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
239874000
CY2023Q4 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
252949000
CY2024Q1 us-gaap Goodwill
Goodwill
38530000
CY2023Q4 us-gaap Goodwill
Goodwill
38530000
CY2024Q1 rc Deferred Loan Exit Fees
DeferredLoanExitFees
31530000
CY2023Q4 rc Deferred Loan Exit Fees
DeferredLoanExitFees
32271000
CY2024Q1 us-gaap Interest Receivable
InterestReceivable
64439000
CY2023Q4 us-gaap Interest Receivable
InterestReceivable
64504000
CY2024Q1 rc Due From Servicers
DueFromServicers
20348000
CY2023Q4 rc Due From Servicers
DueFromServicers
20780000
CY2024Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
18072000
CY2023Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
17749000
CY2024Q1 rc Due From Third Parties
DueFromThirdParties
34187000
CY2023Q4 rc Due From Third Parties
DueFromThirdParties
36519000
CY2024Q1 rc Deferred Finance Costs Excluding Secured Debt Offerings Net
DeferredFinanceCostsExcludingSecuredDebtOfferingsNet
11910000
CY2023Q4 rc Deferred Finance Costs Excluding Secured Debt Offerings Net
DeferredFinanceCostsExcludingSecuredDebtOfferingsNet
9544000
CY2024Q1 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
21085000
CY2024Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
4297000
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
2539000
CY2024Q1 rc Paycheck Protection Program Fee Receivable
PaycheckProtectionProgramFeeReceivable
27364000
CY2023Q4 rc Paycheck Protection Program Fee Receivable
PaycheckProtectionProgramFeeReceivable
34597000
CY2024Q1 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
3446000
CY2023Q4 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
3446000
CY2024Q1 rc Purchased Future Receivables Net
PurchasedFutureReceivablesNet
3717000
CY2023Q4 rc Purchased Future Receivables Net
PurchasedFutureReceivablesNet
9483000
CY2024Q1 us-gaap Other Assets
OtherAssets
36847000
CY2023Q4 us-gaap Other Assets
OtherAssets
30213000
CY2024Q1 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
315772000
CY2023Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
300175000
CY2024Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
14885000
CY2023Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
33961000
CY2024Q1 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
43601000
CY2023Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
35373000
CY2024Q1 us-gaap Servicing Liability
ServicingLiability
7932000
CY2023Q4 us-gaap Servicing Liability
ServicingLiability
6249000
CY2024Q1 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
32977000
CY2023Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
32977000
CY2024Q1 rc Repair And Denial Reserve
RepairAndDenialReserve
8041000
CY2023Q4 rc Repair And Denial Reserve
RepairAndDenialReserve
6974000
CY2024Q1 us-gaap Other Liabilities
OtherLiabilities
6650000
CY2023Q4 us-gaap Other Liabilities
OtherLiabilities
7038000
CY2024Q1 rc Accrued Ppp Related Costs
AccruedPppRelatedCosts
28494000
CY2023Q4 rc Accrued Ppp Related Costs
AccruedPppRelatedCosts
36182000
CY2024Q1 us-gaap Accrued Professional Fees Current And Noncurrent
AccruedProfessionalFeesCurrentAndNoncurrent
4769000
CY2023Q4 us-gaap Accrued Professional Fees Current And Noncurrent
AccruedProfessionalFeesCurrentAndNoncurrent
5354000
CY2024Q1 rc Lease Payable
LeasePayable
9795000
CY2023Q4 rc Lease Payable
LeasePayable
8205000
CY2024Q1 us-gaap Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
36752000
CY2023Q4 us-gaap Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
35168000
CY2024Q1 us-gaap Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
193896000
CY2023Q4 us-gaap Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
207481000
CY2023Q4 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
3400000
CY2024Q1 us-gaap Debt Securities Held To Maturity Weighted Average Yield
DebtSecuritiesHeldToMaturityWeightedAverageYield
0.100
CY2023Q4 us-gaap Debt Securities Held To Maturity Weighted Average Yield
DebtSecuritiesHeldToMaturityWeightedAverageYield
0.100
CY2024Q1 us-gaap Goodwill
Goodwill
38530000
CY2023Q4 us-gaap Goodwill
Goodwill
38530000
CY2024Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
18072000
CY2023Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
17749000
CY2024Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
400000
CY2023Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
600000
CY2024Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
7272000
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
2249000
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
2843000
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
2191000
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
2071000
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
1054000
CY2024Q1 rc Finite Lived Intangible Assets Amortization Expense After Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFour
4164000
CY2024Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
14572000
CY2024Q1 rc Origination Income
OriginationIncome
2657000
CY2023Q1 rc Origination Income
OriginationIncome
4612000
CY2024Q1 rc Release Of Repair And Denial Reserve
ReleaseOfRepairAndDenialReserve
-1207000
CY2023Q1 rc Release Of Repair And Denial Reserve
ReleaseOfRepairAndDenialReserve
-199000
CY2024Q1 rc Employee Retention Credit Consulting Income
EmployeeRetentionCreditConsultingIncome
2491000
CY2023Q1 rc Employee Retention Credit Consulting Income
EmployeeRetentionCreditConsultingIncome
9675000
CY2024Q1 us-gaap Other Operating Income
OtherOperatingIncome
11439000
CY2023Q1 us-gaap Other Operating Income
OtherOperatingIncome
5764000
CY2024Q1 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
15380000
CY2023Q1 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
19852000
CY2024Q1 rc Loan Origination Costs
LoanOriginationCosts
1814000
CY2023Q1 rc Loan Origination Costs
LoanOriginationCosts
1655000
CY2024Q1 us-gaap Communications And Information Technology
CommunicationsAndInformationTechnology
2593000
CY2023Q1 us-gaap Communications And Information Technology
CommunicationsAndInformationTechnology
1512000
CY2024Q1 rc Charge Off Of Real Estate Acquired In Settlement Of Loans
ChargeOffOfRealEstateAcquiredInSettlementOfLoans
16972000
CY2023Q1 rc Charge Off Of Real Estate Acquired In Settlement Of Loans
ChargeOffOfRealEstateAcquiredInSettlementOfLoans
3418000
CY2024Q1 rc Rent And Property Tax Expense
RentAndPropertyTaxExpense
2318000
CY2023Q1 rc Rent And Property Tax Expense
RentAndPropertyTaxExpense
1068000
CY2024Q1 rc Recruiting Training And Travel Expenses
RecruitingTrainingAndTravelExpenses
707000
CY2023Q1 rc Recruiting Training And Travel Expenses
RecruitingTrainingAndTravelExpenses
631000
CY2024Q1 us-gaap Marketing Expense
MarketingExpense
399000
CY2023Q1 us-gaap Marketing Expense
MarketingExpense
312000
CY2024Q1 rc Bad Debt Expense Employee Retention Credit Consulting Income
BadDebtExpenseEmployeeRetentionCreditConsultingIncome
1813000
CY2024Q1 us-gaap Other Expenses
OtherExpenses
3571000
CY2023Q1 us-gaap Other Expenses
OtherExpenses
4013000
CY2024Q1 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
30187000
CY2023Q1 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
12609000
CY2023Q1 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
38509000
CY2024Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
117000
CY2023Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1835000
CY2024Q1 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
2335000
CY2023Q1 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
2371000
CY2023Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.40
CY2023Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.36
CY2023Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.30
CY2024Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.30
CY2023Q1 us-gaap Share Based Compensation
ShareBasedCompensation
1900000
CY2024Q1 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-75582000
CY2023Q1 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
38509000
CY2024Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
117000
CY2023Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1835000
CY2024Q1 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
2335000
CY2023Q1 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
2371000
CY2024Q1 rc Net Income Loss From Continuing Operations Basic
NetIncomeLossFromContinuingOperationsBasic
-78034000
CY2023Q1 rc Net Income Loss From Continuing Operations Basic
NetIncomeLossFromContinuingOperationsBasic
34303000
CY2024Q1 rc Net Income Loss From Discontinuing Operations Basic
NetIncomeLossFromDiscontinuingOperationsBasic
1415000
CY2023Q1 rc Net Income Loss From Discontinuing Operations Basic
NetIncomeLossFromDiscontinuingOperationsBasic
-1531000
CY2024Q1 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-75582000
CY2024Q1 rc Expenses Attributable To Dilutive Instruments
ExpensesAttributableToDilutiveInstruments
131000
CY2023Q1 rc Expenses Attributable To Dilutive Instruments
ExpensesAttributableToDilutiveInstruments
2319000
CY2024Q1 rc Net Income Loss From Continuing Operations Diluted
NetIncomeLossFromContinuingOperationsDiluted
-77903000
CY2023Q1 rc Net Income Loss From Continuing Operations Diluted
NetIncomeLossFromContinuingOperationsDiluted
36622000
CY2024Q1 rc Net Income Loss From Discontinuing Operations Diluted
NetIncomeLossFromDiscontinuingOperationsDiluted
1415000
CY2023Q1 rc Net Income Loss From Discontinuing Operations Diluted
NetIncomeLossFromDiscontinuingOperationsDiluted
-1531000
CY2024Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
172032866
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
110672939
CY2024Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1071549
CY2023Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
10352970
CY2024Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
173104415
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
121025909
CY2024Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.45
CY2023Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.31
CY2024Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.01
CY2023Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.01
CY2024Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.44
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.30
CY2024Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.45
CY2023Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.30
CY2024Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.01
CY2023Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.01
CY2024Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.44
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.29
CY2024Q1 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
55810000
CY2024Q1 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
40362000
CY2024Q1 us-gaap Derivative Assets
DerivativeAssets
15448000
CY2024Q1 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
15448000
CY2024Q1 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Gross
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross
2227213000
CY2024Q1 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoaned
2227213000
CY2024Q1 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Securities
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimSecurities
2225636000
CY2024Q1 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Amount Offset Against Collateral
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAmountOffsetAgainstCollateral
1577000
CY2023Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
36812000
CY2023Q4 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
34408000
CY2023Q4 us-gaap Derivative Assets
DerivativeAssets
2404000
CY2023Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
2404000
CY2023Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Gross
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross
2138323000
CY2023Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoaned
2138323000
CY2023Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Securities
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimSecurities
2136671000
CY2023Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Amount Offset Against Collateral
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAmountOffsetAgainstCollateral
1652000
CY2023Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
57100000
CY2023Q1 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
-6734000
CY2023Q1 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
63834000
CY2023Q1 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
11575000
CY2024Q1 rc Nondeductible Excise Tax Rate
NondeductibleExciseTaxRate
0.04
CY2023Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2
CY2024Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2
CY2024Q1 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
232354000
CY2024Q1 us-gaap Interest Expense
InterestExpense
183805000
CY2024Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
48549000
CY2024Q1 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
-26544000
CY2024Q1 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
75093000
CY2024Q1 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
18868000
CY2024Q1 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
4632000
CY2024Q1 rc Loan Held For Sale Valuation Allowance
LoanHeldForSaleValuationAllowance
146180000
CY2024Q1 rc Bank Servicing Income
BankServicingIncome
3758000
CY2024Q1 rc Non Interest Income On Purchased Future Receivables
NonInterestIncomeOnPurchasedFutureReceivables
446000
CY2024Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
468000
CY2024Q1 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
15380000
CY2024Q1 us-gaap Noninterest Income
NoninterestIncome
-102628000
CY2024Q1 us-gaap Professional Fees
ProfessionalFees
7065000
CY2024Q1 us-gaap Loan Portfolio Expense
LoanPortfolioExpense
12794000
CY2024Q1 us-gaap Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
650000
CY2024Q1 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
30187000
CY2024Q1 us-gaap Noninterest Expense
NoninterestExpense
78258000
CY2024Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2024Q1 rc Assets Excluding Assets Of Discontinued Operations
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CY2023Q1 us-gaap Interest And Dividend Income Operating
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InterestExpense
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CY2023Q1 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
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CY2023Q1 rc Bank Servicing Income
BankServicingIncome
4642000
CY2023Q1 rc Non Interest Income On Purchased Future Receivables
NonInterestIncomeOnPurchasedFutureReceivables
540000
CY2023Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
656000
CY2023Q1 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
19852000
CY2023Q1 us-gaap Noninterest Income
NoninterestIncome
31630000
CY2023Q1 us-gaap Professional Fees
ProfessionalFees
5543000
CY2023Q1 us-gaap Loan Portfolio Expense
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8155000
CY2023Q1 us-gaap Business Combination Integration Related Costs
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893000
CY2023Q1 us-gaap Other Cost And Expense Operating
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12609000
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NoninterestExpense
56054000
CY2023Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
39410000
CY2023Q1 rc Assets Excluding Assets Of Discontinued Operations
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CY2024Q1 ecd Rule10b51 Arr Adopted Flag
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false
CY2024Q1 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q1 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

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