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Segment Financials (Tables)

12 Months Ended

Dec. 31, 2024

Segment Financials [Abstract]

Schedule Of Segment Financials

	For the year ended December 31, 2024
		Fintech			REBL			Institutional Banking			Commercial				Corporate			Total
Interest income		$	214		$	207,062		$	121,522		$	124,490			$	98,304		$	551,592
Interest allocation			261,484			(98,064)			(69,942)			(69,960)				(23,518)			—
Interest expense			156,271			—			3,962			35				15,083			175,351
Net interest income			105,427			108,998			47,618			54,495				59,703			376,241
Provision for credit losses(1)			19,619			2,159			763			6,416				(1,615)			27,342
Non-interest income(1)			136,542			3,264			211			5,541				924			146,482
Direct non-interest expense
Salaries and employee benefits			15,577			3,996			9,659			18,323				84,042			131,597
Data processing expense			1,552			169			2,329			7				1,609			5,666
Software			486			104			2,962			1,777				12,584			17,913
Other			9,203			4,719			2,093			7,698				24,336			48,049
Income before non-interest expense allocations			195,532			101,115			30,023			25,815				(60,329)			292,156
Non-interest expense allocations
Risk, financial crimes, and compliance			26,922			2,177			3,017			4,921				(37,037)			—
Information technology and operations			13,732			723			5,993			7,444				(27,892)			—
Other allocated expenses			15,814			3,021			6,574			7,070				(32,479)			—
Total non-interest expense allocations			56,468			5,921			15,584			19,435				(97,408)			—
Income before taxes			139,064			95,194			14,439			6,380				37,079			292,156
Income tax expense			35,516			24,312			3,688			1,629				9,471			74,616
Net income		$	103,548		$	70,882		$	10,751		$	4,751			$	27,608		$	217,540

⁽¹⁾ In 2024, lending agreements related to consumer fintech loans had certain charge-offs accounted for as freestanding credit enhancements which resulted in the Company recording a $19.6 million provision for credit losses and a correlated amount in non-interest income resulting in no impact to net income.

	For the year ended December 31, 2023 as restated
		Fintech			REBL			Institutional Banking			Commercial				Corporate			Total
Interest income		$	110		$	194,419		$	136,069		$	102,596			$	76,313		$	509,507
Interest allocation			264,820			(97,941)			(84,807)			(68,487)				(13,585)			—
Interest expense			139,500			507			4,355			—				11,093			155,455
Net interest income			125,430			95,971			46,907			34,109				51,635			354,052
Provision for credit losses			—			1,529			(25)			7,222				9,604			18,330
Non-interest income			99,376			6,037			760			6,881				(960)			112,094
Direct non-interest expense
Salaries and employee benefits			13,666			3,607			9,680			16,480				77,622			121,055
Data processing expense			1,309			153			2,358			5				1,622			5,447
Software			552			99			2,951			1,341				12,406			17,349
Other			9,554			3,693			1,923			8,310				23,711			47,191
Income before non-interest expense allocations			199,725			92,927			30,780			7,632				(74,290)			256,774
Non-interest expense allocations
Risk, financial crimes, and compliance			25,803			1,221			1,741			2,473				(31,238)			—
Information technology and operations			13,189			805			6,928			6,488				(27,410)			—
Other allocated expenses			11,598			2,284			5,895			5,928				(25,705)			—
Total non-interest expense allocations			50,590			4,310			14,564			14,889				(84,353)			—
Income before taxes			149,135			88,617			16,216			(7,257)				10,063			256,774
Income tax expense			37,449			22,252			4,072			(1,822)				2,527			64,478
Net income (loss)		$	111,686		$	66,365		$	12,144		$	(5,435)			$	7,536		$	192,296

	For the year ended December 31, 2022 as restated
		Fintech			REBL			Institutional Banking			Commercial				Corporate			Total
Interest income		$	113		$	108,934		$	89,623		$	74,834			$	34,791		$	308,295
Interest allocation			205,174			(73,050)			(82,414)			(49,326)				(384)			—
Interest expense			42,883			1,004			2,079			—				13,488			59,454
Net interest income			162,404			34,880			5,130			25,508				20,919			248,841
Provision for credit losses			—			2,056			659			2,593				1,800			7,108
Non-interest income			86,313			11,494			98			5,200				2,578			105,683
Direct non-interest expense
Salaries and employee benefits			11,553			1,974			8,953			14,440				68,448			105,368
Data processing expense			1,018			157			2,164			5				1,628			4,972
Software			555			99			2,600			1,233				11,724			16,211
Other			9,463			1,816			2,182			7,457				22,033			42,951
Income before non-interest expense allocations			226,128			40,272			(11,330)			4,980				(82,136)			177,914
Non-interest expense allocations
Risk, financial crimes, and compliance			23,466			1,035			1,474			2,089				(28,064)			—
Information technology and operations			12,263			797			5,805			5,247				(24,112)			—
Other allocated expenses			11,212			2,150			4,902			5,388				(23,652)			—
Total non-interest expense allocations			46,941			3,982			12,181			12,724				(75,828)			—
Income (loss) before taxes			179,187			36,290			(23,511)			(7,744)				(6,308)			177,914
Income tax expense (benefit)			48,042			9,730			(6,304)			(2,076)				(1,691)			47,701
Net income (loss)		$	131,145		$	26,560		$	(17,207)		$	(5,668)			$	(4,617)		$	130,213

	December 31, 2024
		Fintech			REBL			Institutional Banking			Commercial			Corporate				Total
Total assets		$	518,371		$	2,300,817		$	1,855,016		$	1,676,241			$	2,377,098		$	8,727,543
Total liabilities		$	6,885,456		$	2,116		$	434,283		$	8,309			$	607,596		$	7,937,760

	December 31, 2023 as restated
		Fintech			REBL			Institutional Banking			Commercial				Corporate			Total
Total assets		$	42,769		$	2,208,030		$	1,867,702		$	1,468,654			$	2,118,540		$	7,705,695
Total liabilities		$	6,412,911		$	3,258		$	186,503		$	9,718			$	286,024		$	6,898,414

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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-Name Accounting Standards Codification
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-Section 50
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