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Segment Financials (Tables)
6 Months Ended
Jun. 30, 2022
Segment Financials [Abstract]  
Schedule Of Segment Financials

For the three months ended June 30, 2022

Specialty finance

Payments

Corporate

Discontinued operations

Total

(in thousands)

Interest income

$

54,715 

$

55 

$

6,840 

$

$

61,610 

Interest allocation

6,840 

(6,840)

Interest expense

227 

4,884 

1,930 

7,041 

Net interest income (loss)

54,488 

2,011 

(1,930)

54,569 

Reversal of credit losses

(1,450)

(1,450)

Non-interest income

5,283 

22,412 

258 

27,953 

Non-interest expense

17,283 

17,021 

8,541 

42,845 

Income (loss) before taxes

43,938 

7,402 

(10,213)

41,127 

Income tax expense

10,725 

10,725 

Net income (loss)

$

43,938 

$

7,402 

$

(20,938)

$

$

30,402 

For the three months ended June 30, 2021

Specialty finance

Payments

Corporate

Discontinued operations

Total

(in thousands)

Interest income

$

49,406 

$

$

7,574 

$

$

56,980 

Interest allocation

7,574 

(7,574)

Interest expense

248 

1,158 

1,505 

2,911 

Net interest income (loss)

49,158 

6,416 

(1,505)

54,069 

Reversal of credit losses

(951)

(951)

Non-interest income

4,438 

21,391 

32 

25,861 

Non-interest expense

17,042 

18,328 

8,513 

43,883 

Income (loss) from continuing operations before taxes

37,505 

9,479 

(9,986)

36,998 

Income tax expense

7,840 

7,840 

Income (loss) from continuing operations

37,505 

9,479 

(17,826)

29,158 

Income from discontinued operations

277 

277 

Net income (loss)

$

37,505 

$

9,479 

$

(17,826)

$

277 

$

29,435 

 

For the six months ended June 30, 2022

Specialty finance

Payments

Corporate

Discontinued operations

Total

(in thousands)

Interest income

$

104,654 

$

55 

$

12,755 

$

$

117,464 

Interest allocation

12,755 

(12,755)

Interest expense

488 

6,008 

3,546 

10,042 

Net interest income (loss)

104,166 

6,802 

(3,546)

107,422 

Provision for credit losses

3,509 

3,509 

Non-interest income

9,543 

43,085 

3,889 

56,517 

Non-interest expense

34,779 

34,181 

12,237 

81,197 

Income (loss) before taxes

75,421 

15,706 

(11,894)

79,233 

Income tax expense

19,865 

19,865 

Net income (loss)

$

75,421 

$

15,706 

$

(31,759)

$

$

59,368 

For the six months ended June 30, 2021

Specialty finance

Payments

Corporate

Discontinued operations

Total

(in thousands)

Interest income

$

97,236 

$

$

16,667 

$

$

113,903 

Interest allocation

16,667 

(16,667)

Interest expense

484 

2,382 

3,211 

6,077 

Net interest income (loss)

96,752 

14,285 

(3,211)

107,826 

Reversal of credit losses

(129)

(129)

Non-interest income

7,456 

42,434 

45 

49,935 

Non-interest expense

34,392 

36,380 

14,994 

85,766 

Income (loss) from continuing operations before taxes

69,945 

20,339 

(18,160)

72,124 

Income tax expense

16,906 

16,906 

Income (loss) from continuing operations

69,945 

20,339 

(35,066)

55,218 

Income from discontinued operations

182 

182 

Net income (loss)

$

69,945 

$

20,339 

$

(35,066)

$

182 

$

55,400 

June 30, 2022

Specialty finance

Payments

Corporate

Discontinued operations

Total

(in thousands)

Total assets

$

5,717,071 

$

48,352 

$

1,354,312 

$

$

7,119,735 

Total liabilities

$

265,777 

$

5,280,555 

$

916,867 

$

$

6,463,199 

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