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Segments (Tables)
3 Months Ended
Mar. 31, 2022
Segment Reporting [Abstract]  
Schedule of Segment Information

The following tables provide financial information for the Company's segments. The information provided under the caption “Other” represents operations not considered to be reportable segments and/or general operating expenses of the Company, and includes the parent company, other non-bank subsidiaries and elimination adjustments to reconcile the results of the operating segments to the unaudited condensed consolidated financial statements prepared in conformity with GAAP.

 

 

Banking

 

 

Fintech

 

 

Other

 

 

Consolidated

 

As of and for the three months ended

   March 31, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest income

$

92,746

 

 

$

36

 

 

$

 

 

$

92,782

 

Interest expense

 

14,530

 

 

 

 

 

 

473

 

 

 

15,003

 

Net interest income

 

78,216

 

 

 

36

 

 

 

(473

)

 

 

77,779

 

Provision for loan and lease credit losses

 

1,836

 

 

 

 

 

 

 

 

 

1,836

 

Noninterest income

 

31,935

 

 

 

237

 

 

 

496

 

 

 

32,668

 

Noninterest expense

 

61,399

 

 

 

2,168

 

 

 

2,147

 

 

 

65,714

 

Income tax expense (benefit)

 

9,076

 

 

 

(146

)

 

 

(542

)

 

 

8,388

 

Net income (loss)

$

37,840

 

 

$

(1,749

)

 

$

(1,582

)

 

$

34,509

 

Total assets

$

8,450,425

 

 

$

121,471

 

 

$

48,070

 

 

$

8,619,966

 

As of and for the three months ended

   March 31, 2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest income

$

88,099

 

 

$

122

 

 

$

4

 

 

$

88,225

 

Interest expense

 

18,165

 

 

 

 

 

 

110

 

 

 

18,275

 

Net interest income

 

69,934

 

 

 

122

 

 

 

(106

)

 

 

69,950

 

(Recovery of) provision for loan and lease credit

   losses

 

(873

)

 

 

 

 

 

 

 

 

(873

)

Noninterest income

 

30,524

 

 

 

(4

)

 

 

537

 

 

 

31,057

 

Noninterest expense

 

55,625

 

 

 

1,020

 

 

 

1,627

 

 

 

58,272

 

Income tax expense (benefit)

 

4,650

 

 

 

5

 

 

 

(474

)

 

 

4,181

 

Net income (loss)

$

41,056

 

 

$

(907

)

 

$

(722

)

 

$

39,427

 

Total assets

$

8,281,729

 

 

$

91,662

 

 

$

44,484

 

 

$

8,417,875