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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Operating activities      
Net income $ 217,540 $ 192,296 $ 130,213
Adjustments to reconcile net income to net cash provided by operating activities      
Depreciation 4,155 3,074 2,902
Provision for credit losses on non-consumer fintech loans and security 8,319 18,465 5,741
Provision for consumer fintech loans 19,619    
(Reversal) provision for unfunded commitments (596) (135) 1,367
Net amortization of investment securities discounts/premiums (2,608) 1,023 1,704
Stock-based compensation expense 14,983 11,392 7,592
Realized gains on commercial loans, at fair value (3,699) (6,954) (18,635)
Deferred income tax expense (benefit) 2,317 (5,681) 5,870
Gain from discontinued operations     (4)
Gain on sale of fixed assets (53)    
Write-down of other real estate owned   1,147  
Change in fair value of commercial loans, at fair value 683 3,085 6,065
Change in fair value of derivatives 284 124 (961)
Loss on sales of investment securities 2 4 6
Increase in accrued interest receivable (4,179) (5,529) (14,134)
Increase in other assets (26,210) (38,067) (1,404)
(Decrease) increase in other liabilities (1,027) 12,609 (6,707)
Net cash provided by operating activities 229,530 186,853 119,615
Investing activities      
Purchase of investment securities available-for-sale (991,215) (48,989) (24,183)
Proceeds from redemptions and prepayments of securities available-for-sale 242,676 71,082 161,110
Sale of repossessed assets 11,015 7,927 1,800
Proceeds from sale of other real estate owned 1,602 5,800 2,343
Net (increase) decrease in loans (877,350) 142,191 (1,678,762)
Capitalized investment in other real estate owned (1,695)    
Commercial loans, at fair value drawn during the period   (134,256) (66,067)
Payments on commercial loans, at fair value 109,569 384,353 782,157
Proceeds from sale of fixed assets 133    
Purchases of premises and equipment (4,974) (12,689) (5,134)
Decrease in discontinued assets held-for-sale     4
Net cash (used in) provided by investing activities (1,510,239) 415,419 (826,732)
Financing activities      
Net increase (decrease) in deposits 1,065,136 (349,203) 1,053,202
Net decrease in securities sold under agreements to repurchase (42)    
Redemptions of senior debt offering   (3,273)  
Proceeds from the issuance of common stock   104 320
Repurchases of common stock and excise tax (252,352) (99,999) (60,000)
Net cash provided by (used in) financing activities 812,742 (452,371) 993,522
Net (decrease) increase in cash and cash equivalents (467,967) 149,901 286,405
Cash and cash equivalents, beginning of period 1,038,090 888,189 601,784
Cash and cash equivalents, end of period 570,123 1,038,090 888,189
Supplemental disclosure:      
Interest paid 173,804 156,269 57,601
Taxes paid 80,828 82,553 37,787
Non-cash investing and financing activities:      
Transfer of loans from discontinued operations     61,580
Transfer of real estate owned from discontinued operations     17,343
Transfers to other real estate owned from commercial loans, at fair value, and loans, net 44,983 2,686  
Leased vehicles transferred to repossessed assets $ 9,895 $ 9,361 $ 2,008