XML 13 R2.htm IDEA: XBRL DOCUMENT v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Assets    
Cash and cash equivalents $ 192,527 $ 299,315
Restricted cash 34,419 22,772
Pledged securities, at fair value 228,646 224,954
Loans held for sale, at fair value 2,546,860 1,436,350
Mortgage servicing rights 795,754 808,145
Goodwill 868,710 868,710
Other intangible assets 138,123 141,877
Receivables, net 424,393 419,358
Committed investments in tax credit equity 265,368 241,401
Other assets 670,660 596,596
Total assets 6,165,460 5,059,478
Liabilities    
Warehouse notes payable 2,535,227 1,420,272
Corporate notes payable 825,816 829,218
Allowance for risk-sharing obligations 38,673 37,546
Commitments to fund investments in tax credit equity 256,121 219,949
Other liabilities 775,837 806,631
Total liabilities 4,431,674 3,313,616
Temporary Equity    
Profit interests of a wholly owned subsidiary subject to possible redemption 752 (1,036)
Stockholders' Equity    
Preferred stock (authorized 50,000 shares; none issued)
Common stock ($0.01 par value; authorized 200,000 shares; issued and outstanding 33,249 shares as of March 31, 2026 and 33,389 shares as of December 31, 2025) 332 334
Additional paid-in capital ("APIC") 454,215 450,434
Accumulated other comprehensive income (loss) ("AOCI") 1,203 1,876
Retained earnings 1,264,446 1,282,390
Total stockholders' equity 1,720,196 1,735,034
Noncontrolling interests 12,838 11,864
Total permanent equity 1,733,034 1,746,898
Commitments and contingencies (NOTES 2 and 12)
Total liabilities, temporary equity, and permanent equity $ 6,165,460 $ 5,059,478