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Segment Reporting (Details)
$ in Thousands
3 Months Ended
Mar. 31, 2021
USD ($)
segment
Mar. 31, 2020
USD ($)
segment
Segment reporting    
Number of reportable segments | segment 4 4
Interest income $ 73,371 $ 69,551
Interest expense (50,761) (46,930)
Net interest income before provision for loan losses 22,610 22,621
Provision for (recovery of) loan losses 8 (39,804)
Net interest income after provision for (recovery of) loan losses 22,618 (17,183)
Non-interest income    
Residential mortgage banking activities 41,409 36,669
Net realized gains on financial instruments and real estate owned 8,846 7,172
Net unrealized gain (loss) on financial instruments 20,996 (33,434)
Other income 571 4,073
Servicing income 15,635 8,097
Income on purchased future receivables, net of allowance for doubtful accounts 2,317 3,483
Income (Loss) from unconsolidated joint ventures (809) (3,537)
Total non-interest income (loss) 88,965 22,523
Non-interest expense    
Employee compensation and benefits (22,777) (18,936)
Allocated employee compensation and benefits from related party (2,123) (1,250)
Variable expenses on residential mortgage banking activities (15,485) (20,129)
Professional fees (2,982) (2,556)
Management fees - related party (2,693) (2,561)
Loan servicing expense (6,104) (5,570)
Merger related expenses (6,307) (47)
Other operating expenses (15,484) (13,744)
Total non-interest expense (73,955) (64,793)
Income (loss) before provision for income taxes 37,628 (59,453)
Total assets 8,016,955 5,270,050
Corporate- Other    
Segment reporting    
Interest income 1,668  
Interest expense (2,257)  
Net interest income before provision for loan losses (589)  
Net interest income after provision for (recovery of) loan losses (589)  
Non-interest income    
Net realized gains on financial instruments and real estate owned (126)  
Net unrealized gain (loss) on financial instruments 1,197  
Other income 45 99
Total non-interest income (loss) 1,116 99
Non-interest expense    
Employee compensation and benefits (891) (742)
Allocated employee compensation and benefits from related party (1,911) (1,125)
Professional fees (1,242) (1,407)
Management fees - related party (2,693) (2,561)
Loan servicing expense (39) (32)
Merger related expenses (6,307) (47)
Other operating expenses (715) (698)
Total non-interest expense (13,798) (6,612)
Income (loss) before provision for income taxes (13,271) (6,513)
Total assets 1,111,088 234,380
Loan Acquisitions | Operating Segments    
Segment reporting    
Interest income 14,534 16,494
Interest expense (11,971) (11,205)
Net interest income before provision for loan losses 2,563 5,289
Provision for (recovery of) loan losses 1,262 (5,722)
Net interest income after provision for (recovery of) loan losses 3,825 (433)
Non-interest income    
Net realized gains on financial instruments and real estate owned (1,493) (739)
Net unrealized gain (loss) on financial instruments 897 (9,423)
Other income 1,183 2,336
Servicing income 21 355
Income on purchased future receivables, net of allowance for doubtful accounts 2,317 3,483
Income (Loss) from unconsolidated joint ventures (809) (3,537)
Total non-interest income (loss) 2,116 (7,525)
Non-interest expense    
Employee compensation and benefits (1,485) (2,833)
Allocated employee compensation and benefits from related party (212) (125)
Professional fees (786) (235)
Loan servicing expense (1,751) (1,365)
Other operating expenses (2,364) (6,245)
Total non-interest expense (6,598) (10,803)
Income (loss) before provision for income taxes (657) (18,761)
Total assets 1,121,590 1,209,617
SBC Originations | Operating Segments    
Segment reporting    
Interest income 39,693 39,269
Interest expense (24,998) (25,627)
Net interest income before provision for loan losses 14,695 13,642
Provision for (recovery of) loan losses (1,609) (29,828)
Net interest income after provision for (recovery of) loan losses 13,086 (16,186)
Non-interest income    
Net realized gains on financial instruments and real estate owned 5,565 3,649
Net unrealized gain (loss) on financial instruments 3,033 (6,491)
Other income 1,288 1,283
Servicing income 726 532
Total non-interest income (loss) 10,612 (1,027)
Non-interest expense    
Employee compensation and benefits (2,252) (2,710)
Professional fees (323) (338)
Loan servicing expense (2,052) (1,580)
Other operating expenses (3,916) (3,457)
Total non-interest expense (8,543) (8,085)
Income (loss) before provision for income taxes 15,155 (25,298)
Total assets 3,128,924 2,704,301
SBA Originations, Acquisitions, and Servicing | Operating Segments    
Segment reporting    
Interest income 15,432 12,471
Interest expense (9,207) (8,513)
Net interest income before provision for loan losses 6,225 3,958
Provision for (recovery of) loan losses 355 (4,254)
Net interest income after provision for (recovery of) loan losses 6,580 (296)
Non-interest income    
Net realized gains on financial instruments and real estate owned 4,900 4,262
Net unrealized gain (loss) on financial instruments 514 (1,082)
Other income (1,960) 295
Servicing income 7,782 1,074
Total non-interest income (loss) 11,236 4,549
Non-interest expense    
Employee compensation and benefits (4,561) (3,910)
Professional fees (380) (289)
Loan servicing expense 102 (335)
Other operating expenses (6,285) (1,559)
Total non-interest expense (11,124) (6,093)
Income (loss) before provision for income taxes 6,692 (1,840)
Total assets 1,983,098 703,331
Residential Mortgage Banking | Operating Segments    
Segment reporting    
Interest income 2,044 1,317
Interest expense (2,328) (1,585)
Net interest income before provision for loan losses (284) (268)
Net interest income after provision for (recovery of) loan losses (284) (268)
Non-interest income    
Residential mortgage banking activities 41,409 36,669
Net unrealized gain (loss) on financial instruments 15,355 (16,438)
Other income 15 60
Servicing income 7,106 6,136
Total non-interest income (loss) 63,885 26,427
Non-interest expense    
Employee compensation and benefits (13,588) (8,741)
Variable expenses on residential mortgage banking activities (15,485) (20,129)
Professional fees (251) (287)
Loan servicing expense (2,364) (2,258)
Other operating expenses (2,204) (1,785)
Total non-interest expense (33,892) (33,200)
Income (loss) before provision for income taxes 29,709 (7,041)
Total assets $ 672,255 $ 418,421