v3.23.2

Fair Value of Assets and Liabilities - Fair Value Hierarchy for Assets and Liabilities Measured at Fair Value (Detail) - USD ($) $ in Thousands | Jun. 30, 2023 | Dec. 31, 2022
--- | --- | ---
Assets: |  |  |
Loans held for sale at fair value |  | $ 250,361 | $ 110,400
Loans held for investment at fair value | [1] | 404,119 | 925,938
Retail and certificate loans held for investment at fair value | [1] | 26,837 | 55,425
Securities available for sale: |  |  |
Total securities available for sale |  | 523,579 | 345,702
Servicing assets |  | 85,387 | 84,308
Other assets |  | 4,726 | 5,099
Total assets |  | 1,295,009 | 1,526,872
Liabilities: |  |  |
Borrowings |  | 4,460 | 8,085
Retail notes, certificates and secured borrowings |  | 26,837 | 55,425
Other liabilities |  | 7,296 | 8,583
Total liabilities |  | 38,593 | 72,093
U.S. agency residential mortgage-backed securities |  |  |
Securities available for sale: |  |  |
Total securities available for sale |  | 214,516 | 214,427
Senior asset-backed securities related to Structured Program transactions |  |  |
Securities available for sale: |  |  |
Total securities available for sale |  | 143,924 |
U.S. agency securities |  |  |
Securities available for sale: |  |  |
Total securities available for sale |  | 79,040 | 74,394
Mortgage-backed securities |  |  |
Securities available for sale: |  |  |
Total securities available for sale |  | 38,143 | 22,518
Other asset-backed securities |  |  |
Securities available for sale: |  |  |
Total securities available for sale |  | 28,466 | 14,203
Other asset-backed securities related to Structured Program transactions |  |  |
Securities available for sale: |  |  |
Total securities available for sale |  | 16,980 |
Asset-backed securities related to Structured Program transactions |  |  |
Securities available for sale: |  |  |
Total securities available for sale |  |  | 17,717
Municipal securities |  |  |
Securities available for sale: |  |  |
Total securities available for sale |  | 2,510 | 2,443
Level 1 Inputs |  |  |
Assets: |  |  |
Loans held for sale at fair value |  | 0 | 0
Loans held for investment at fair value |  | 0 | 0
Retail and certificate loans held for investment at fair value |  | 0 | 0
Securities available for sale: |  |  |
Total securities available for sale |  | 0 | 0
Servicing assets |  | 0 | 0
Other assets |  | 0 | 0
Total assets |  | 0 | 0
Liabilities: |  |  |
Borrowings |  | 0 | 0
Retail notes, certificates and secured borrowings |  | 0 | 0
Other liabilities |  | 0 | 0
Total liabilities |  | 0 | 0
Level 1 Inputs | U.S. agency residential mortgage-backed securities |  |  |
Securities available for sale: |  |  |
Total securities available for sale |  | 0 | 0
Level 1 Inputs | Senior asset-backed securities related to Structured Program transactions |  |  |
Securities available for sale: |  |  |
Total securities available for sale |  | 0 |
Level 1 Inputs | U.S. agency securities |  |  |
Securities available for sale: |  |  |
Total securities available for sale |  | 0 | 0
Level 1 Inputs | Mortgage-backed securities |  |  |
Securities available for sale: |  |  |
Total securities available for sale |  | 0 | 0
Level 1 Inputs | Other asset-backed securities |  |  |
Securities available for sale: |  |  |
Total securities available for sale |  | 0 | 0
Level 1 Inputs | Other asset-backed securities related to Structured Program transactions |  |  |
Securities available for sale: |  |  |
Total securities available for sale |  | 0 |
Level 1 Inputs | Asset-backed securities related to Structured Program transactions |  |  |
Securities available for sale: |  |  |
Total securities available for sale |  |  | 0
Level 1 Inputs | Municipal securities |  |  |
Securities available for sale: |  |  |
Total securities available for sale |  | 0 | 0
Level 2 Inputs |  |  |
Assets: |  |  |
Loans held for sale at fair value |  | 0 | 0
Loans held for investment at fair value |  | 0 | 0
Retail and certificate loans held for investment at fair value |  | 0 | 0
Securities available for sale: |  |  |
Total securities available for sale |  | 363,814 | 333,233
Servicing assets |  | 0 | 0
Other assets |  | 4,726 | 0
Total assets |  | 368,540 | 333,233
Liabilities: |  |  |
Borrowings |  | 0 | 0
Retail notes, certificates and secured borrowings |  | 0 | 0
Other liabilities |  | 4,726 | 0
Total liabilities |  | 4,726 | 0
Level 2 Inputs | U.S. agency residential mortgage-backed securities |  |  |
Securities available for sale: |  |  |
Total securities available for sale |  | 214,516 | 214,427
Level 2 Inputs | Senior asset-backed securities related to Structured Program transactions |  |  |
Securities available for sale: |  |  |
Total securities available for sale |  | 1,139 |
Level 2 Inputs | U.S. agency securities |  |  |
Securities available for sale: |  |  |
Total securities available for sale |  | 79,040 | 74,394
Level 2 Inputs | Mortgage-backed securities |  |  |
Securities available for sale: |  |  |
Total securities available for sale |  | 38,143 | 22,518
Level 2 Inputs | Other asset-backed securities |  |  |
Securities available for sale: |  |  |
Total securities available for sale |  | 28,466 | 14,203
Level 2 Inputs | Other asset-backed securities related to Structured Program transactions |  |  |
Securities available for sale: |  |  |
Total securities available for sale |  | 0 |
Level 2 Inputs | Asset-backed securities related to Structured Program transactions |  |  |
Securities available for sale: |  |  |
Total securities available for sale |  |  | 5,248
Level 2 Inputs | Municipal securities |  |  |
Securities available for sale: |  |  |
Total securities available for sale |  | 2,510 | 2,443
Level 3 Inputs |  |  |
Assets: |  |  |
Loans held for sale at fair value |  | 250,361 | 110,400
Loans held for investment at fair value |  | 404,119 | 925,938
Retail and certificate loans held for investment at fair value |  | 26,837 | 55,425
Securities available for sale: |  |  |
Total securities available for sale |  | 159,765 | 12,469
Servicing assets |  | 85,387 | 84,308
Other assets |  | 0 | 5,099
Total assets |  | 926,469 | 1,193,639
Liabilities: |  |  |
Borrowings |  | 4,460 | 8,085
Retail notes, certificates and secured borrowings |  | 26,837 | 55,425
Other liabilities |  | 2,570 | 8,583
Total liabilities |  | 33,867 | 72,093
Level 3 Inputs | U.S. agency residential mortgage-backed securities |  |  |
Securities available for sale: |  |  |
Total securities available for sale |  | 0 | 0
Level 3 Inputs | Senior asset-backed securities related to Structured Program transactions |  |  |
Securities available for sale: |  |  |
Total securities available for sale |  | 142,785 |
Level 3 Inputs | U.S. agency securities |  |  |
Securities available for sale: |  |  |
Total securities available for sale |  | 0 | 0
Level 3 Inputs | Mortgage-backed securities |  |  |
Securities available for sale: |  |  |
Total securities available for sale |  | 0 | 0
Level 3 Inputs | Other asset-backed securities |  |  |
Securities available for sale: |  |  |
Total securities available for sale |  | 0 | 0
Level 3 Inputs | Other asset-backed securities related to Structured Program transactions |  |  |
Securities available for sale: |  |  |
Total securities available for sale |  | 16,980 |
Level 3 Inputs | Asset-backed securities related to Structured Program transactions |  |  |
Securities available for sale: |  |  |
Total securities available for sale |  |  | 12,469
Level 3 Inputs | Municipal securities |  |  |
Securities available for sale: |  |  |
Total securities available for sale |  | $ 0 | $ 0
[1] | Includes amounts in consolidated variable interest entities (VIEs). See “Notes to Condensed Consolidated Financial Statements – Note 6. Securitizations and Variable Interest Entities.”

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