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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Assets    
Cash and due from banks $ 19,002 $ 22,170
Interest-earning demand accounts 350,584 203,994
Cash and cash equivalents 369,586 226,164
Securities purchased under agreements to resell 3,438 3,464
Mortgage loans in process of securitization 197,074 154,194
Securities available for sale 679,518 323,337
Securities held to maturity (includes $1,106,582 and $1,118,966 at fair value, respectively) 1,104,835 1,119,078
Federal Home Loan Bank (FHLB) stock 39,130 39,130
Loans held for sale (includes $85,516 and $82,192 at fair value, respectively) 2,855,250 2,910,576
Loans receivable, net of allowance for credit losses on loans of $51,838 and $44,014, respectively 8,575,210 7,426,858
Premises and equipment, net 35,793 35,438
Servicing rights 143,867 146,248
Interest receivable 64,282 56,262
Goodwill 15,845 15,845
Intangible assets, net 1,068 1,186
Other assets and receivables 156,070 157,447
Total assets 14,240,966 12,615,227
Deposits    
Noninterest-bearing 313,733 326,875
Interest-bearing 11,031,498 9,744,470
Total deposits 11,345,231 10,071,345
Borrowings 1,233,762 930,392
Deferred and current tax liabilities, net 32,827 19,613
Other liabilities 123,462 134,138
Total liabilities 12,735,282 11,155,488
Commitments and Contingencies
Shareholders' Equity    
Common stock, without par value Authorized - 75,000,000 shares Issued and outstanding - 43,233,618 shares at March 31, 2023 and 43,113,127 shares at December 31, 2022 138,105 137,781
Retained earnings 875,700 832,871
Accumulated other comprehensive loss (7,729) (10,521)
Total shareholders' equity 1,505,684 1,459,739
Total liabilities and shareholders' equity 14,240,966 12,615,227
7% Series A Preferred Stock    
Shareholders' Equity    
Preferred stock 50,221 50,221
6% Series B Preferred Stock    
Shareholders' Equity    
Preferred stock 120,844 120,844
6% Series C Preferred Stock    
Shareholders' Equity    
Preferred stock 191,084 191,084
8.25% Series D Preferred Stock    
Shareholders' Equity    
Preferred stock $ 137,459 $ 137,459