XML 77 R62.htm IDEA: XBRL DOCUMENT
v3.22.2

Loans - Schedule of Loans by Status (Details) - USD ($) | Jun. 30, 2022 | Mar. 31, 2022 | Dec. 31, 2021 | Jun. 30, 2021 | Mar. 31, 2021 | Dec. 31, 2020
--- | --- | --- | --- | --- | --- | ---
Financing Receivable, Past Due [Line Items] |  |  |  |  |  |
Financing receivable, allowance for credit loss | $ 23,178,000 |  | $ 7,037,000 |  |  |
Total Loans |  |  |  |  |  |
Financing Receivable, Past Due [Line Items] |  |  |  |  |  |
Total loans | 273,026,000 |  |  |  |  |
Financial Asset, Not Past Due [Member] |  |  |  |  |  |
Financing Receivable, Past Due [Line Items] |  |  |  |  |  |
Total loans | 257,927,000 |  |  |  |  |
30–59 Days |  |  |  |  |  |
Financing Receivable, Past Due [Line Items] |  |  |  |  |  |
Total loans | 3,577,000 |  |  |  |  |
60–89 Days |  |  |  |  |  |
Financing Receivable, Past Due [Line Items] |  |  |  |  |  |
Total loans | 3,105,000 |  |  |  |  |
≥ 90 Days |  |  |  |  |  |
Financing Receivable, Past Due [Line Items] |  |  |  |  |  |
Total loans | 8,417,000 |  |  |  |  |
Total Delinquent Loans |  |  |  |  |  |
Financing Receivable, Past Due [Line Items] |  |  |  |  |  |
Total loans | 15,099,000 |  |  |  |  |
Credit card loans | Credit card loans |  |  |  |  |  |
Financing Receivable, Past Due [Line Items] |  |  |  |  |  |
Financing receivable, allowance for credit loss | 21,974,000 | $ 16,500,000 | 7,037,000 | $ 691,000 | $ 171,000 | $ 219,000
Accumulated accrued interest | 3,017,000 |  | 1,359,000 |  |  |
Loans on nonaccrual status | 0 |  | 0 |  |  |
Credit card loans | Credit card loans | Total Loans |  |  |  |  |  |
Financing Receivable, Past Due [Line Items] |  |  |  |  |  |
Total loans | 192,824,000 |  | 121,590,000 |  |  |
Credit card loans | Credit card loans | Financial Asset, Not Past Due [Member] |  |  |  |  |  |
Financing Receivable, Past Due [Line Items] |  |  |  |  |  |
Total loans | 177,732,000 |  | 115,356,000 |  |  |
Credit card loans | Credit card loans | 30–59 Days |  |  |  |  |  |
Financing Receivable, Past Due [Line Items] |  |  |  |  |  |
Total loans | 3,570,000 |  | 1,893,000 |  |  |
Credit card loans | Credit card loans | 60–89 Days |  |  |  |  |  |
Financing Receivable, Past Due [Line Items] |  |  |  |  |  |
Total loans | 3,105,000 |  | 1,683,000 |  |  |
Credit card loans | Credit card loans | ≥ 90 Days |  |  |  |  |  |
Financing Receivable, Past Due [Line Items] |  |  |  |  |  |
Total loans | 8,417,000 |  | 2,658,000 |  |  |
Credit card loans | Credit card loans | Total Delinquent Loans |  |  |  |  |  |
Financing Receivable, Past Due [Line Items] |  |  |  |  |  |
Total loans | 15,092,000 |  | 6,234,000 |  |  |
Commercial and consumer banking |  |  |  |  |  |
Financing Receivable, Past Due [Line Items] |  |  |  |  |  |
Total loans | 79,534,000 |  |  |  |  |
Financing receivable, allowance for credit loss | 1,204,000 | $ 1,366,000 | $ 0 | $ 0 | $ 0 | $ 0
Accumulated accrued interest | 247,000 |  |  |  |  |
Commercial and consumer banking | Total Loans |  |  |  |  |  |
Financing Receivable, Past Due [Line Items] |  |  |  |  |  |
Total loans | 80,202,000 |  |  |  |  |
Commercial and consumer banking | Financial Asset, Not Past Due [Member] |  |  |  |  |  |
Financing Receivable, Past Due [Line Items] |  |  |  |  |  |
Total loans | 80,195,000 |  |  |  |  |
Commercial and consumer banking | 30–59 Days |  |  |  |  |  |
Financing Receivable, Past Due [Line Items] |  |  |  |  |  |
Total loans | 7,000 |  |  |  |  |
Commercial and consumer banking | 60–89 Days |  |  |  |  |  |
Financing Receivable, Past Due [Line Items] |  |  |  |  |  |
Total loans | 0 |  |  |  |  |
Commercial and consumer banking | ≥ 90 Days |  |  |  |  |  |
Financing Receivable, Past Due [Line Items] |  |  |  |  |  |
Total loans | 0 |  |  |  |  |
Commercial and consumer banking | Total Delinquent Loans |  |  |  |  |  |
Financing Receivable, Past Due [Line Items] |  |  |  |  |  |
Total loans | 7,000 |  |  |  |  |
Commercial and consumer banking | Commercial real estate |  |  |  |  |  |
Financing Receivable, Past Due [Line Items] |  |  |  |  |  |
Total loans | 68,273,000 |  |  |  |  |
Commercial and consumer banking | Commercial real estate | Total Loans |  |  |  |  |  |
Financing Receivable, Past Due [Line Items] |  |  |  |  |  |
Total loans | 68,479,000 |  |  |  |  |
Commercial and consumer banking | Commercial real estate | Financial Asset, Not Past Due [Member] |  |  |  |  |  |
Financing Receivable, Past Due [Line Items] |  |  |  |  |  |
Total loans | 68,479,000 |  |  |  |  |
Commercial and consumer banking | Commercial real estate | 30–59 Days |  |  |  |  |  |
Financing Receivable, Past Due [Line Items] |  |  |  |  |  |
Total loans | 0 |  |  |  |  |
Commercial and consumer banking | Commercial real estate | 60–89 Days |  |  |  |  |  |
Financing Receivable, Past Due [Line Items] |  |  |  |  |  |
Total loans | 0 |  |  |  |  |
Commercial and consumer banking | Commercial real estate | ≥ 90 Days |  |  |  |  |  |
Financing Receivable, Past Due [Line Items] |  |  |  |  |  |
Total loans | 0 |  |  |  |  |
Commercial and consumer banking | Commercial real estate | Total Delinquent Loans |  |  |  |  |  |
Financing Receivable, Past Due [Line Items] |  |  |  |  |  |
Total loans | 0 |  |  |  |  |
Commercial and consumer banking | Commercial and industrial |  |  |  |  |  |
Financing Receivable, Past Due [Line Items] |  |  |  |  |  |
Total loans | 7,913,000 |  |  |  |  |
Commercial and consumer banking | Commercial and industrial | Total Loans |  |  |  |  |  |
Financing Receivable, Past Due [Line Items] |  |  |  |  |  |
Total loans | 8,306,000 |  |  |  |  |
Commercial and consumer banking | Commercial and industrial | Financial Asset, Not Past Due [Member] |  |  |  |  |  |
Financing Receivable, Past Due [Line Items] |  |  |  |  |  |
Total loans | 8,299,000 |  |  |  |  |
Commercial and consumer banking | Commercial and industrial | 30–59 Days |  |  |  |  |  |
Financing Receivable, Past Due [Line Items] |  |  |  |  |  |
Total loans | 7,000 |  |  |  |  |
Commercial and consumer banking | Commercial and industrial | 60–89 Days |  |  |  |  |  |
Financing Receivable, Past Due [Line Items] |  |  |  |  |  |
Total loans | 0 |  |  |  |  |
Commercial and consumer banking | Commercial and industrial | ≥ 90 Days |  |  |  |  |  |
Financing Receivable, Past Due [Line Items] |  |  |  |  |  |
Total loans | 0 |  |  |  |  |
Commercial and consumer banking | Commercial and industrial | Total Delinquent Loans |  |  |  |  |  |
Financing Receivable, Past Due [Line Items] |  |  |  |  |  |
Total loans | 7,000 |  |  |  |  |
Commercial and consumer banking | Residential real estate and other consumer |  |  |  |  |  |
Financing Receivable, Past Due [Line Items] |  |  |  |  |  |
Total loans | 3,348,000 |  |  |  |  |
Commercial and consumer banking | Residential real estate and other consumer | Total Loans |  |  |  |  |  |
Financing Receivable, Past Due [Line Items] |  |  |  |  |  |
Total loans | 3,417,000 |  |  |  |  |
Commercial and consumer banking | Residential real estate and other consumer | Financial Asset, Not Past Due [Member] |  |  |  |  |  |
Financing Receivable, Past Due [Line Items] |  |  |  |  |  |
Total loans | 3,417,000 |  |  |  |  |
Commercial and consumer banking | Residential real estate and other consumer | 30–59 Days |  |  |  |  |  |
Financing Receivable, Past Due [Line Items] |  |  |  |  |  |
Total loans | 0 |  |  |  |  |
Commercial and consumer banking | Residential real estate and other consumer | 60–89 Days |  |  |  |  |  |
Financing Receivable, Past Due [Line Items] |  |  |  |  |  |
Total loans | 0 |  |  |  |  |
Commercial and consumer banking | Residential real estate and other consumer | ≥ 90 Days |  |  |  |  |  |
Financing Receivable, Past Due [Line Items] |  |  |  |  |  |
Total loans | 0 |  |  |  |  |
Commercial and consumer banking | Residential real estate and other consumer | Total Delinquent Loans |  |  |  |  |  |
Financing Receivable, Past Due [Line Items] |  |  |  |  |  |
Total loans | $ 0 |  |  |  |  |

X
- Definition Amount, before allowance for credit loss, of accrued interest on financing receivable. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 3B -URI https://asc.fasb.org/extlink&oid=124255953&loc=SL120267963-210447 + Details
Name: | us-gaap_FinancingReceivableAccruedInterestBeforeAllowanceForCreditLoss
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount excluding accrued interest, of allowance for credit loss on financing receivable. Excludes net investment in lease. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 45 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=124255206&loc=SL82895884-210446 + Details
Name: | us-gaap_FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amortized cost excluding accrued interest, before allowance for credit loss, of financing receivable. Excludes net investment in lease. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 5 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=124255953&loc=SL82919230-210447 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 45 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=124255206&loc=SL82895884-210446 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 3B -URI https://asc.fasb.org/extlink&oid=124255953&loc=SL120267963-210447 + Details
Name: | us-gaap_FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amortized cost of financing receivable on nonaccrual status. Excludes net investment in lease. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 7 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=123577603&loc=d3e5111-111524 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 16 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=124255953&loc=SL82919258-210447 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 1405 -Paragraph (a) -Subparagraph (3) Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 1405 -Paragraph (a) -Subparagraph (2) + Details
Name: | us-gaap_FinancingReceivableRecordedInvestmentNonaccrualStatus
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_FinancingReceivableRecordedInvestmentPastDueLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_FairValueByMeasurementBasisAxis=us-gaap_EstimateOfFairValueFairValueDisclosureMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivablesPeriodPastDueAxis=us-gaap_FinancialAssetNotPastDueMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivablesPeriodPastDueAxis=us-gaap_FinancingReceivables30To59DaysPastDueMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivablesPeriodPastDueAxis=us-gaap_FinancingReceivables60To89DaysPastDueMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivablesPeriodPastDueAxis=us-gaap_FinancingReceivablesEqualToGreaterThan90DaysPastDueMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivablesPeriodPastDueAxis=us-gaap_FinancialAssetPastDueMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivablePortfolioSegmentAxis=sofi_CreditCardLoanPortfolioSegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=us-gaap_CreditCardReceivablesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivablePortfolioSegmentAxis=sofi_CommercialAndConsumerBankingPortfolioSegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=us-gaap_CommercialRealEstateMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=sofi_CommercialAndIndustrialMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=sofi_ResidentialRealEstateAndOtherConsumerMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |