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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Assets    
Cash and due from banks $ 13,830 $ 13,909
Interest-earning demand accounts 389,357 492,800
Cash and cash equivalents 403,187 506,709
Securities purchased under agreements to resell 6,651 6,723
Mortgage loans in process of securitization 518,788 269,891
Available for sale securities 259,656 290,243
Federal Home Loan Bank (FHLB) stock 53,224 20,369
Loans held for sale (includes $42,000 and $19,592, respectively at fair value) 3,877,769 2,093,789
Loans receivable, net of allowance for loan losses of $20,497 and $15,842, respectively 4,133,315 3,012,468
Premises and equipment, net 29,362 29,274
Mortgage servicing rights 72,889 74,387
Interest receivable 18,574 18,359
Goodwill 15,845 15,845
Intangible assets, net 3,038 3,799
Other assets and receivables 47,102 30,072
Total assets 9,439,400 6,371,928
Deposits    
Noninterest-bearing 601,265 272,037
Interest-bearing 6,307,363 5,206,038
Total deposits 6,908,628 5,478,075
Borrowings 1,761,113 181,439
Other liabilities 61,461 58,686
Total liabilities 8,731,202 5,718,200
Commitments and Contingencies
Shareholders' Equity    
Common stock, without par value Authorized - 50,000,000 shares Issued and outstanding - 28,745,614 shares at June 30, 2020 and 28,706,438 shares at December 31, 2019 135,949 135,640
Retained earnings 358,895 304,984
Accumulated other comprehensive income 708 458
Total shareholders' equity 708,198 653,728
Total liabilities and shareholders' equity 9,439,400 6,371,928
8% Preferred Stock    
Shareholders' Equity    
Preferred stock 41,581 41,581
7% Preferred Stock    
Shareholders' Equity    
Preferred stock 50,221 50,221
6% Preferred Stock    
Shareholders' Equity    
Preferred stock $ 120,844 $ 120,844