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Condensed Consolidated Statements of Cash Flows - USD ($)
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Operating activities:    
Net income $ 162,565,000 $ 171,903,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 1,832,000 1,616,000
Provision for credit losses 10,888,000 2,427,000
Gain on sale of loans (52,883,000) (82,755,000)
Proceeds from sales of loans 21,488,416,000 44,276,199,000
Loans and participations originated and purchased for sale (20,209,971,000) (44,463,275,000)
Purchases of low-income housing tax credits for sale (22,122,000)  
Proceeds from sale of low-income housing tax credits 8,556,000  
Change in servicing rights for paydowns and fair value adjustments (11,974,000) 526,000
Net change in:    
Mortgage loans in process of securitization 431,791,000 (295,294,000)
Other assets and receivables (20,958,000) (1,209,000)
Other liabilities 50,630,000 3,007,000
Other (2,854,000) (980,000)
Net cash provided by operating activities 1,833,916,000 (387,835,000)
Investing activities:    
Net change in securities purchased under agreements to resell 2,391,000 657,000
Purchases of available for sale securities (50,274,000) (195,206,000)
Purchases of held to maturity securities (1,005,487,000)  
Proceeds from the sale of available for sale securities 11,379,000 34,469,000
Proceeds from calls, maturities and paydowns of available for sale securities 12,755,000 128,502,000
Purchases of loans (289,030,000) (312,992,000)
Net change in loans receivable (1,675,505,000) (16,240,000)
Proceeds from sale of loans receivable   262,086,000
Purchase of FHLB stock (10,326,000) (111,000)
Proceeds from sale of FHLB stock 784,000  
Proceeds from sale of servicing rights   438,000
Purchases of premises and equipment (6,178,000) (3,281,000)
Purchase of servicing rights (2,057,000)  
Purchase of limited partnership interests (42,710,000) (12,149,000)
Cash paid in deconsolidation of subsidiary   (464,000)
Other investing activities 4,314,000 404,000
Net cash used in investing activities (3,049,944,000) (113,887,000)
Financing activities:    
Net change in deposits 1,336,866,000 1,537,148,000
Proceeds from borrowings 44,950,000,000 28,803,270,000
Repayment of borrowings (45,890,075,000) (29,342,391,000)
Proceeds from notes payable 3,400,000  
Proceeds from issuance of preferred stock 137,371,000 191,084,000
Repurchase of preferred stock   (41,625,000)
Repurchase of common stock (3,935,333)  
Dividends (26,252,000) (22,916,000)
Net cash provided by (used in) financing activities 507,375,000 1,124,570,000
Net Change in Cash and Cash Equivalents (708,653,000) 622,848,000
Cash and Cash Equivalents, Beginning of Period 1,032,614,000 179,728,000
Cash and Cash Equivalents, End of Period 323,961,000 802,576,000
Supplemental Cash Flows Information:    
Interest paid 63,917,000 23,049,000
Income taxes paid, net of refunds 47,174,000 57,692,000
Transfer of loans from loans receivable to loans held for sale 788,849,000 131,563,000
Deconsolidation of debt fund entities