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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Operating activities:      
Net income $ 228,213 $ 217,540 $ 192,296
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation 4,650 4,155 3,074
Provision for credit loss, total 177,693 38,374 18,330
Fintech loan credit enhancement income (169,294) (30,651)  
(Accretion) amortization of fees, premiums, and discounts, net (7,686) (2,608) 1,023
Stock-based compensation expense 19,604 14,983 11,392
Realized gains on commercial loans, at fair value (1,815) (3,699) (6,954)
Deferred income tax (benefit) expense (9,246) 2,317 (5,681)
Gain on sale of fixed assets (2) (53)  
Gain on sale of other real estate owned (754)    
Write-down of other real estate owned     1,147
Change in fair value of commercial loans, at fair value   683 3,085
Change in fair value of derivatives   284 124
Loss on sales of investment securities   2 4
Increase in accrued interest receivable (1,377) (4,179) (5,529)
Decrease (increase) in other assets 17,692 (26,210) (38,067)
Increase (decrease) in other liabilities 7,331 (1,027) 12,609
Net cash provided by operating activities 265,009 209,911 186,853
Investing activities:      
Purchase of investment securities available-for-sale (433,768) (991,215) (48,989)
Proceeds from redemptions and prepayments of securities available-for-sale 304,925 242,676 71,082
Sale of repossessed assets 3,495 11,015 7,927
Proceeds from sale of other real estate owned 6,204 1,602 5,800
Net (increase) decrease in loans (1,172,341) (875,473) 142,191
Credit enhancement agreement cash inflows 151,065 17,742  
Capitalized investment in other real estate owned (2,142) (1,695)  
Commercial loans, at fair value drawn during the period (3,651)   (134,256)
Payments on commercial loans, at fair value 88,944 109,569 384,353
Proceeds from sale of fixed assets 174 133  
Purchases of premises and equipment (7,090) (4,974) (12,689)
Net cash (used in) provided by investing activities (1,064,185) (1,490,620) 415,419
Financing activities:      
Net increase (decrease) in deposits 419,450 1,065,136 (349,203)
Net decrease in securities sold under agreements to repurchase   (42)  
Proceeds from short-term borrowings 199,000    
Proceeds of senior debt offering, net 195,953    
Redemption of senior debt maturity (96,421)   (3,273)
Proceeds from the issuance of common stock 2,061   104
Repurchases of common stock and excise tax (378,341) (252,352) (99,999)
Net cash provided (used in) by financing activities 341,702 812,742 (452,371)
Net (decrease) increase in cash and cash equivalents (457,474) (467,967) 149,901
Cash and cash equivalents, beginning of period 570,123 1,038,090 888,189
Cash and cash equivalents, end of period 112,649 570,123 1,038,090
Supplemental cash flow information:      
Interest paid 172,558 173,804 156,269
Taxes paid 76,334 80,828 82,553
Transfers to other real estate owned from commercial loans, at fair value, and loans, net 1,978 44,983 2,686
Leased vehicles transferred to repossessed assets $ 3,478 $ 9,895 $ 9,361