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Purchased Receivables (Tables)
 12 Months Ended
Dec. 31, 2025
Purchased Receivables [Abstract]  
Summary of Components of Net Purchased Receivables The following table summarizes the components of net purchased receivables at December 31, for the years indicated:
(In Thousands)20252024
Purchased receivables$101,642 $77,727 
Allowance for credit losses - purchased receivables— (3,649)
Total$101,642 $74,078 
Changes in the ACL on Purchased Receivables The following table sets forth information regarding changes in the ACL on purchased receivables for the periods indicated: 
(In Thousands)202520242023
Balance at beginning of year$3,649 $— $— 
Impact of acquisition of Sallyport Commercial Finance, LLC— 3,524 — 
Adjustment related to PCD collections payable to sellers1
(1,513)— — 
   Charge-offs(2,211)— — 
   Recoveries33 — — 
Charge-offs net of recoveries(2,178)— — 
Provision for purchased receivables
42 125 — 
Balance at end of year$— $3,649 $— 
1Represents a reduction in the allowance for credit losses on a purchased credit deteriorated purchased receivable acquired in 2024 in connection with the SCF acquisition. Collections received during the period presented above are contractually payable to the sellers under the purchase agreement if collected within one year of the acquisition of SCF. Accordingly, the decrease in the allowance was offset by the recognition of a liability to the sellers, and no benefit was recognized in the provision for credit losses.