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Segment Financials (Tables)
3 Months Ended
Mar. 31, 2022
Segment Financials [Abstract]  
Schedule Of Segment Financials

 

For the three months ended March 31, 2022

Specialty finance

Payments

Corporate

Discontinued operations

Total

(in thousands)

Interest income

$

49,939 

$

—

$

5,915 

$

—

$

55,854 

Interest allocation

—

5,915 

(5,915)

—

—

Interest expense

261 

1,124 

1,616 

—

3,001 

Net interest income (loss)

49,678 

4,791 

(1,616)

—

52,853 

Provision for credit losses

1,507 

—

—

—

1,507 

Non-interest income

4,260 

20,673 

179 

—

25,112 

Non-interest expense

17,496 

17,160 

3,696 

—

38,352 

Income (loss) before taxes

34,935 

8,304 

(5,133)

—

38,106 

Income tax expense

—

—

9,140 

—

9,140 

Net income (loss)

$

34,935 

$

8,304 

$

(14,273)

$

—

$

28,966 

For the three months ended March 31, 2021

Specialty finance

Payments

Corporate

Discontinued operations

Total

(in thousands)

Interest income

$

47,830 

$

—

$

9,093 

$

—

$

56,923 

Interest allocation

—

9,093 

(9,093)

—

—

Interest expense

237 

1,223 

1,706 

—

3,166 

Net interest income (loss)

47,593 

7,870 

(1,706)

—

53,757 

Provision for credit losses

822 

—

—

—

822 

Non-interest income

3,019 

21,043 

12 

—

24,074 

Non-interest expense

17,350 

18,053 

6,480 

—

41,883 

Income (loss) from continuing operations before taxes

32,440 

10,860 

(8,174)

—

35,126 

Income tax expense

—

—

9,066 

—

9,066 

Income (loss) from continuing operations

32,440 

10,860 

(17,240)

—

26,060 

Loss from discontinued operations

—

—

—

(95)

(95)

Net income (loss)

$

32,440 

$

10,860 

$

(17,240)

$

(95)

$

25,965 

March 31, 2022

Specialty finance

Payments

Corporate

Discontinued operations

Total

(in thousands)

Total assets

$

5,316,997 

$

49,164 

$

1,716,499 

$

—

$

7,082,660 

Total liabilities

$

353,831 

$

5,567,105 

$

509,429 

$

—

$

6,430,365 

December 31, 2021

Specialty finance

Payments

Corporate

Discontinued operations

Total

(in thousands)

Total assets

$

5,099,388 

$

41,593 

$

1,698,990 

$

3,268 

$

6,843,239 

Total liabilities

$

329,372 

$

5,312,115 

$

549,298 

$

—

$

6,190,785