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Segment Reporting (Details)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
USD ($)
Sep. 30, 2018
USD ($)
Sep. 30, 2019
USD ($)
segment
Sep. 30, 2018
USD ($)
Segment reporting        
Number of Reportable Segments | segment     4  
Interest income $ 59,723 $ 44,287 $ 165,510 $ 123,295
Interest expense (39,390) (28,925) (110,919) (77,996)
Net interest income before provision for loan losses 20,333 15,362 54,591 45,299
Provision for loan losses (693) (800) (2,559) (571)
Net interest income after provision for loan losses 19,640 14,562 52,032 44,728
Non-interest income        
Residential mortgage banking activities 29,013 17,011 64,621 48,290
Net realized gain on financial instruments 7,377 6,946 20,914 27,796
Net unrealized gain (loss) on financial instruments (7,881) 8,500 (21,799) 15,964
Other income 2,979 1,204 6,671 4,364
Servicing income 7,449 6,922 22,012 19,959
Income on unconsolidated joint ventures 1,047 2,178 6,059 9,420
Gain on bargain purchase     30,728  
Total non-interest income 39,984 42,761 129,206 125,793
Non-interest expense        
Employee compensation and benefits (13,438) (14,163) (37,395) (43,755)
Allocated employee compensation and benefits from related party (1,500) (1,200) (3,603) (3,600)
Variable expenses on residential mortgage banking activities (17,318) (8,337) (39,995) (18,120)
Professional fees (2,030) (2,294) (5,445) (7,343)
Management fees – related party (2,495) (2,070) (6,987) (6,118)
Incentive fees – related party       (676)
Loan servicing expense (4,866) (4,247) (13,085) (11,340)
Merger related expenses (51)   (6,121)  
Other operating expenses (8,144) (6,548) (23,091) (23,475)
Total non-interest expense (49,842) (38,859) (135,722) (114,427)
Net income (loss) before provision for income taxes 9,782 18,464 45,516 56,094
Total Assets 4,123,019 2,900,759 4,123,019 2,900,759
Corporate- Other        
Non-interest income        
Other income 44   109  
Gain on bargain purchase     30,728  
Total non-interest income 44   30,837  
Non-interest expense        
Employee compensation and benefits (831) (157) (2,495) (471)
Allocated employee compensation and benefits from related party (1,350) (1,080) (3,243) (3,240)
Professional fees (641) (1,001) (2,404) (3,642)
Management fees – related party (2,495) (2,070) (6,987) (6,118)
Incentive fees – related party       (676)
Loan servicing expense (33)   (110)  
Merger related expenses (51)   (6,121)  
Other operating expenses (806) (544) (2,367) (1,927)
Total non-interest expense (6,207) (4,852) (23,727) (16,074)
Net income (loss) before provision for income taxes (6,163) (4,852) 7,110 (16,074)
Total Assets 91,094 24,918 91,094 24,918
Loan Acquisitions        
Segment reporting        
Interest income 18,880 11,946 47,761 34,602
Interest expense (11,076) (7,755) (29,383) (19,853)
Net interest income before provision for loan losses 7,804 4,191 18,378 14,749
Provision for loan losses (94) (796) (771) (989)
Net interest income after provision for loan losses 7,710 3,395 17,607 13,760
Non-interest income        
Net realized gain on financial instruments (437) 774 (33) 867
Net unrealized gain (loss) on financial instruments (206) 2,893 (886) 3,695
Other income 925 75 1,950 342
Servicing income   5   15
Income on unconsolidated joint ventures 1,047 2,178 6,059 9,420
Total non-interest income 1,329 5,925 7,090 14,339
Non-interest expense        
Employee compensation and benefits (26) (98) (53) (410)
Allocated employee compensation and benefits from related party (150) (120) (360) (360)
Professional fees (195) (467) (412) (928)
Loan servicing expense (1,461) (1,183) (3,379) (2,748)
Other operating expenses (770) (450) (2,073) (3,267)
Total non-interest expense (2,602) (2,318) (6,277) (7,713)
Net income (loss) before provision for income taxes 6,437 7,002 18,420 20,386
Total Assets 1,165,470 672,569 1,165,470 672,569
SBC Originations        
Segment reporting        
Interest income 32,354 21,671 91,182 58,423
Interest expense (23,835) (16,045) (65,903) (43,838)
Net interest income before provision for loan losses 8,519 5,626 25,279 14,585
Provision for loan losses (33) (101) (342) 8
Net interest income after provision for loan losses 8,486 5,525 24,937 14,593
Non-interest income        
Net realized gain on financial instruments 5,065 3,253 10,232 15,484
Net unrealized gain (loss) on financial instruments (865) 2,679 (131) 4,441
Other income 1,118 794 3,565 3,409
Servicing income 488 389 1,386 972
Total non-interest income 5,806 7,115 15,052 24,306
Non-interest expense        
Employee compensation and benefits (1,420) (2,417) (5,454) (7,339)
Professional fees (571) (291) (1,185) (1,012)
Loan servicing expense (1,495) (1,294) (4,185) (2,819)
Other operating expenses (3,369) (2,545) (8,198) (8,512)
Total non-interest expense (6,855) (6,547) (19,022) (19,682)
Net income (loss) before provision for income taxes 7,437 6,093 20,967 19,217
Total Assets 2,266,076 1,442,601 2,266,076 1,442,601
SBA Originations, Acquisitions, and Servicing        
Segment reporting        
Interest income 7,235 9,699 23,468 27,411
Interest expense (2,739) (4,301) (11,529) (11,892)
Net interest income before provision for loan losses 4,496 5,398 11,939 15,519
Provision for loan losses (566) 97 (1,446) 410
Net interest income after provision for loan losses 3,930 5,495 10,493 15,929
Non-interest income        
Net realized gain on financial instruments 2,749 2,919 10,715 11,445
Net unrealized gain (loss) on financial instruments 772 611 268 325
Other income 812 279 865 447
Servicing income 1,180 1,352 4,013 4,067
Total non-interest income 5,513 5,161 15,861 16,284
Non-interest expense        
Employee compensation and benefits (4,070) (3,116) (12,262) (9,510)
Professional fees (279) (412) (635) (1,414)
Loan servicing expense (205) (198) (322) 89
Other operating expenses (1,508) (929) (4,635) (3,009)
Total non-interest expense (6,062) (4,655) (17,854) (13,844)
Net income (loss) before provision for income taxes 3,381 6,001 8,500 18,369
Total Assets 273,217 484,387 273,217 484,387
Residential Mortgage Banking        
Segment reporting        
Interest income 1,254 971 3,099 2,859
Interest expense (1,740) (824) (4,104) (2,413)
Net interest income before provision for loan losses (486) 147 (1,005) 446
Net interest income after provision for loan losses (486) 147 (1,005) 446
Non-interest income        
Residential mortgage banking activities 29,013 17,011 64,621 48,290
Net unrealized gain (loss) on financial instruments (7,582) 2,317 (21,050) 7,503
Other income 80 56 182 166
Servicing income 5,781 5,176 16,613 14,905
Total non-interest income 27,292 24,560 60,366 70,864
Non-interest expense        
Employee compensation and benefits (7,091) (8,375) (17,131) (26,025)
Variable expenses on residential mortgage banking activities (17,318) (8,337) (39,995) (18,120)
Professional fees (344) (123) (809) (347)
Loan servicing expense (1,672) (1,572) (5,089) (5,862)
Other operating expenses (1,691) (2,080) (5,818) (6,760)
Total non-interest expense (28,116) (20,487) (68,842) (57,114)
Net income (loss) before provision for income taxes (1,310) 4,220 (9,481) 14,196
Total Assets $ 327,162 $ 276,284 $ 327,162 $ 276,284