XML 42 R32.htm IDEA: XBRL DOCUMENT v3.25.0.1
Business Combination - Schedule of Assets Acquired and Liabilities Assumed (Details) - USD ($)
$ in Thousands
Mar. 01, 2024
Dec. 31, 2024
Sep. 30, 2024
Fair value of liabilities assumed      
Goodwill   $ 414,723 $ 411,360
Luther Burbank      
Business Acquisition [Line Items]      
Total merger consideration $ 465,504    
Fair value of assets acquired      
Cash and cash equivalents 627,403    
Investment securities 518,878    
Loans receivable 3,186,891    
Loans held for sale 3,017,506    
Interest receivable 25,697    
Premises and equipment 6,436    
FHLB stock 35,831    
Bank owned life insurance 17,781    
Intangible assets 37,022    
Deferred tax asset, net 125,151    
Other assets 75,398    
Total assets acquired 7,673,994    
Fair value of liabilities assumed      
Customer accounts 5,640,440    
Borrowings 1,432,138    
Junior subordinated debentures 50,175    
Senior Debt 93,514    
Accrued expenses and other liabilities 100,113    
Total liabilities assumed 7,316,380    
Net Assets Acquired 357,614    
Goodwill $ 107,890