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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Assets    
Cash and due from banks $ 15,390 $ 22,170
Interest-earning demand accounts 361,920 203,994
Cash and cash equivalents 377,310 226,164
Securities purchased under agreements to resell 3,412 3,464
Mortgage loans in process of securitization 298,907 154,194
Securities available for sale 648,003 323,337
Securities held to maturity (includes $1,058,590 and $1,118,966 at fair value, respectively) 1,062,017 1,119,078
Federal Home Loan Bank (FHLB) stock 39,130 39,130
Loans held for sale (includes $82,931 and $82,192 at fair value, respectively) 3,058,013 2,910,576
Loans receivable, net of allowance for credit losses on loans of $62,986 and $44,014, respectively 9,854,018 7,426,858
Premises and equipment, net 36,947 35,438
Servicing rights 147,288 146,248
Interest receivable 70,509 56,262
Goodwill 15,845 15,845
Intangible assets, net 949 1,186
Other assets and receivables 262,524 157,447
Total assets 15,874,872 12,615,227
Deposits    
Noninterest-bearing 349,387 326,875
Interest-bearing 12,710,477 9,744,470
Total deposits 13,059,864 10,071,345
Borrowings 1,016,836 930,392
Deferred and current tax liabilities, net 16,084 19,613
Other liabilities 221,788 134,138
Total liabilities 14,314,572 11,155,488
Commitments and Contingencies
Shareholders' Equity    
Common stock, without par value Authorized - 75,000,000 shares Issued and outstanding - 43,237,300 shares at June 30, 2023 and 43,113,127 shares at December 31, 2022 138,853 137,781
Retained earnings 928,875 832,871
Accumulated other comprehensive loss (7,036) (10,521)
Total shareholders' equity 1,560,300 1,459,739
Total liabilities and shareholders' equity 15,874,872 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