XML 27 R13.htm IDEA: XBRL DOCUMENT
v3.26.1

Fair Value Measurements | 6 Months Ended
--- | ---
Jun. 30, 2026
Fair Value Disclosures [Abstract] |
Fair Value Measurements | Fair Value Measurements For a description of the fair value hierarchy and the Company’s fair value methodologies, see “Part II – Item 8. Financial Statements and Supplementary Data – Note 1. Summary of Significant Accounting Policies” in the Annual Report. The Company records certain assets and liabilities at fair value as listed in the following tables. Recurring Fair Value Measurements The following tables present, by level within the fair value hierarchy, the Company’s assets and liabilities measured at fair value on a recurring basis:
June 30, 2026 | Level 1 |  | Level 2 |  | Level 3 |  | Balance at Fair Value
Assets: |  |  |  |  |  |  |
Loans held for sale at fair value | $ | — |  |  | $ | — |  |  | $ | 1,773,052 |  |  | $ | 1,773,052 |
Loans held for investment at fair value | — |  |  | — |  |  | 2,085,066 |  |  | 2,085,066 |
Securities available for sale: |  |  |  |  |  |  |
Senior asset-backed securities related to Structured Program transactions | — |  |  | — |  |  | 3,394,054 |  |  | 3,394,054 |
Other asset-backed securities related to Structured Program transactions | — |  |  | — |  |  | 257,820 |  |  | 257,820 |
U.S. agency residential mortgage-backed securities | — |  |  | 243,375 |  |  | — |  |  | 243,375 |
U.S. agency securities | — |  |  | 70,282 |  |  | — |  |  | 70,282 |
Mortgage-backed securities | — |  |  | 53,806 |  |  | — |  |  | 53,806 |
Municipal securities | — |  |  | 2,678 |  |  | — |  |  | 2,678 |
Other securities | — |  |  | 14,359 |  |  | 10,387 |  |  | 24,746 |
Total securities available for sale | — |  |  | 384,500 |  |  | 3,662,261 |  |  | 4,046,761 |
Servicing assets | — |  |  | — |  |  | 72,974 |  |  | 72,974 |
Other assets | — |  |  | 10,820 |  |  | — |  |  | 10,820 |
Total assets | $ | — |  |  | $ | 395,320 |  |  | $ | 7,593,353 |  |  | $ | 7,988,673 |
Liabilities: |  |  |  |  |  |  |
Other liabilities | $ | — |  |  | $ | 1,845 |  |  | $ | — |  |  | $ | 1,845 |
Total liabilities | $ | — |  |  | $ | 1,845 |  |  | $ | — |  |  | $ | 1,845 |
December 31, 2025 | Level 1 |  | Level 2 |  | Level 3 |  | Balance at Fair Value
Assets: |  |  |  |  |  |  |
Loans held for sale at fair value | $ | — |  |  | $ | — |  |  | $ | 1,762,396 |  |  | $ | 1,762,396 |
Loans held for investment at fair value | — |  |  | — |  |  | 473,314 |  |  | 473,314 |
Securities available for sale: |  |  |  |  |  |  |
Senior asset-backed securities related to Structured Program transactions | — |  |  | — |  |  | 3,092,410 |  |  | 3,092,410 |
U.S. agency residential mortgage-backed securities | — |  |  | 236,061 |  |  | — |  |  | 236,061 |
Other asset-backed securities related to Structured Program transactions | — |  |  | — |  |  | 219,370 |  |  | 219,370 |
U.S. agency securities | — |  |  | 73,862 |  |  | — |  |  | 73,862 |
Mortgage-backed securities | — |  |  | 55,597 |  |  | — |  |  | 55,597 |
Municipal securities | — |  |  | 2,606 |  |  | — |  |  | 2,606 |
Other securities | — |  |  | 16,720 |  |  | 10,083 |  |  | 26,803 |
Total securities available for sale | — |  |  | 384,846 |  |  | 3,321,863 |  |  | 3,706,709 |
Servicing assets | — |  |  | — |  |  | 65,167 |  |  | 65,167 |
Other assets | — |  |  | 2,099 |  |  | — |  |  | 2,099 |
Total assets | $ | — |  |  | $ | 386,945 |  |  | $ | 5,622,740 |  |  | $ | 6,009,685 |
Liabilities: |  |  |  |  |  |  |
Other liabilities | $ | — |  |  | $ | 3,918 |  |  | $ | 1,865 |  |  | $ | 5,783 |
Total liabilities | $ | — |  |  | $ | 3,918 |  |  | $ | 1,865 |  |  | $ | 5,783 |
Financial instruments are categorized in the valuation hierarchy based on the significance of observable or unobservable factors in the overall fair value measurement. For the financial instruments listed in the tables above that do not trade in an active market with readily observable prices, the Company uses significant unobservable inputs to measure the fair value of these assets and liabilities. The Company primarily uses a discounted cash flow (DCF) model to estimate the fair value of Level 3 instruments based on the present value of estimated future cash flows. This model uses inputs that inherently require judgment and reflect the Company’s best estimates of the assumptions a market participant would use to calculate fair value. The Company did not transfer any assets or liabilities in or out of Level 3 during the second quarters and first halves of 2026 or 2025. The following significant unobservable inputs, as applicable, were used in the fair value measurement of the Company’s Level 3 assets: •Discount rate – The weighted-average rate at which the expected cash flows are discounted to arrive at the net present value of the loan. The discount rate is primarily determined based on the Company’s estimate of market participants’ return expectations. •Annualized net credit loss rate – The annualized rate of lifetime charge-offs, net of recoveries, expressed as a percentage of the average lifetime principal balance of loan pools with similar risk characteristics. •Annualized prepayment rate – The annualized rate of lifetime prepayments expressed as a percentage of the average lifetime principal balance of loan pools with similar risk characteristics. An increase in each of the inputs above, in isolation, would result in a decrease in the fair value measurement. The sensitivity calculations are hypothetical and should not be considered to be predictive of future performance. The effect on fair value of a variation in assumptions generally cannot be determined because the relationship of the change in assumptions to the fair value may not be linear. Changes in one factor may lead to changes in other factors, which could impact the hypothetical results. Loans Held for Sale at Fair Value Significant Unobservable Inputs The following significant unobservable inputs were used in the fair value measurement of HFS loans:
|  | June 30, 2026 |  | December 31, 2025
|  | Minimum |  | Maximum |  | Weighted- Average(1) |  | Minimum |  | Maximum |  | Weighted- Average(1)
Discount rate | 6.9 | % |  | 8.9 | % |  | 7.5 | % |  | 6.6 | % |  | 9.0 | % |  | 7.1 | %
Annualized net credit loss rate | 3.4 | % |  | 12.8 | % |  | 6.6 | % |  | 3.3 | % |  | 16.0 | % |  | 6.3 | %
Annualized prepayment rate | 20.3 | % |  | 27.8 | % |  | 25.9 | % |  | 20.5 | % |  | 26.0 | % |  | 25.5 | %
(1) The weighted-average rate is calculated using the principal balance of each loan pool with similar risk characteristics. Fair Value Sensitivity The sensitivity of HFS loans at fair value to adverse changes in key assumptions was as follows:
| June 30, 2026 |  | December 31, 2025 |  |
Loans held for sale at fair value | $ | 1,773,052 |  |  | $ | 1,762,396 |  |  |
Expected remaining weighted-average life (in years) | 1.2 |  | 1.4 |  |
Discount rate: |  |  |  |  |
100 basis point increase | $ | (19,743) |  |  | $ | (21,458) |  |  |
200 basis point increase | $ | (39,096) |  |  | $ | (42,471) |  |  |
Annualized net credit loss rate: |  |  |  |  |
10% increase | $ | (22,606) |  |  | $ | (20,970) |  |  |
20% increase | $ | (45,403) |  |  | $ | (41,766) |  |  |
Annualized prepayment rate: |  |  |  |  |
10% increase | $ | (7,760) |  |  | $ | (5,703) |  |  |
20% increase | $ | (14,574) |  |  | $ | (10,546) |  |  |
Fair Value Reconciliation The following table presents the activity for HFS loans at fair value:
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2026 |  | 2025 |  | 2026 |  | 2025
Fair value at beginning of period | $ | 1,836,121 |  |  | $ | 703,378 |  |  | $ | 1,762,396 |  |  | $ | 636,352 |
Originations | 2,033,047 |  |  | 1,654,313 |  |  | 3,735,730 |  |  | 2,918,045 |
Sales | (1,815,442) |  |  | (1,217,166) |  |  | (3,199,716) |  |  | (2,314,095) |
Principal payments | (214,534) |  |  | (101,107) |  |  | (400,955) |  |  | (169,662) |
Realized charge-offs, net of recoveries, recorded in earnings | (18,494) |  |  | (4,663) |  |  | (30,560) |  |  | (11,367) |
Fair value adjustments recorded in earnings(1) | (47,646) |  |  | (26,587) |  |  | (93,843) |  |  | (51,105) |
Fair value at end of period | $ | 1,773,052 |  |  | $ | 1,008,168 |  |  | $ | 1,773,052 |  |  | $ | 1,008,168 |
(1) Includes unrealized fair value adjustments related to HFS loans at fair value held at the end of the periods presented of $3.9 million and $1.0 million for the second quarters of 2026 and 2025, respectively, and $27.2 million and $4.5 million for the first halves of 2026 and 2025, respectively. The following table summarizes the aggregate fair value of the Company’s HFS loans as of the periods presented, as well as the amount that was 90 days or more past due:
| June 30, 2026 |  | December 31, 2025
| Total |  | 90 or more days past due |  | Total |  | 90 or more days past due
Aggregate unpaid principal balance | $ | 1,833,689 |  |  | $ | 7,048 |  |  | $ | 1,795,818 |  |  | $ | 3,931 |
Cumulative fair value adjustments | (60,637) |  |  | (5,751) |  |  | (33,422) |  |  | (3,176) |
Fair value of loans held for sale | $ | 1,773,052 |  |  | $ | 1,297 |  |  | $ | 1,762,396 |  |  | $ | 755 |
Loans Held for Investment at Fair Value Effective January 1, 2026, the Company elected the fair value option for HFI loans originated on or after that date. As a result, the current period includes all newly originated loans across multiple products, including unsecured consumer loans (personal loans and purchase finance loans), auto loans, and small business loans. In periods prior to this election, the Company’s HFI loan portfolio measured at fair value consisted solely of purchased unsecured personal loans that it had previously originated and sold. Accordingly, the significant unobservable inputs presented in the table below reflect a different loan product mix in the current period compared to the prior period. Significant Unobservable Inputs The following significant unobservable inputs were used in the fair value measurement of HFI loans:
|  | June 30, 2026 |  | December 31, 2025
|  | Minimum |  | Maximum |  | Weighted- Average(1) |  | Minimum |  | Maximum |  | Weighted- Average(1)
Discount rate | 5.5 | % |  | 11.2 | % |  | 7.1 | % |  | 6.5 | % |  | 8.5 | % |  | 7.0 | %
Annualized net charge-off rate | 0.3 | % |  | 13.4 | % |  | 5.0 | % |  | 4.1 | % |  | 19.1 | % |  | 7.4 | %
Annualized prepayment rate | 18.3 | % |  | 46.5 | % |  | 25.4 | % |  | 19.6 | % |  | 21.1 | % |  | 20.0 | %
(1) The weighted-average rate is calculated using the principal balance of each loan pool with similar risk characteristics. Fair Value Sensitivity The sensitivity of HFI loans at fair value to adverse changes in key assumptions was as follows:
| June 30, 2026 |  | December 31, 2025 |  |
Loans held for investment at fair value | $ | 2,085,066 |  |  | $ | 473,314 |  |  |
Expected remaining weighted-average life (in years) | 1.6 |  | 0.7 |  |
Discount rate: |  |  |  |  |
100 basis point increase | $ | (29,672) |  |  | $ | (2,832) |  |  |
200 basis point increase | $ | (58,442) |  |  | $ | (5,633) |  |  |
Annualized net credit loss rate: |  |  |  |  |
10% increase | $ | (22,396) |  |  | $ | (5,738) |  |  |
20% increase | $ | (42,903) |  |  | $ | (13,161) |  |  |
Annualized prepayment rate: |  |  |  |  |
10% increase | $ | (8,147) |  |  | $ | (2,490) |  |  |
20% increase | $ | (16,582) |  |  | $ | (4,979) |  |  |
Fair Value Reconciliation The following table presents the activity for HFI loans at fair value:
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2026 |  | 2025 |  | 2026 |  | 2025
Fair value at beginning of period | $ | 1,237,850 |  |  | $ | 818,882 |  |  | $ | 473,314 |  |  | $ | 1,027,798 |
Originations | 1,101,924 |  |  | — |  |  | 2,049,125 |  |  | — |
Purchases | 58,600 |  |  | — |  |  | 86,235 |  |  | 12,744 |
Principal payments | (255,726) |  |  | (184,327) |  |  | (432,382) |  |  | (402,787) |
Realized charge-offs, net of recoveries, recorded in earnings | (6,680) |  |  | (14,278) |  |  | (10,281) |  |  | (41,483) |
Fair value adjustments recorded in earnings(1) | (50,902) |  |  | 11,459 |  |  | (80,945) |  |  | 35,464 |
Fair value at end of period | $ | 2,085,066 |  |  | $ | 631,736 |  |  | $ | 2,085,066 |  |  | $ | 631,736 |
(1) Represents unrealized fair value adjustments recorded in earnings related to HFI loans at fair value held at the end of the periods presented. The following table summarizes the aggregate fair value of the Company’s HFI loans at fair value as of the periods presented, as well as the amount that was 90 days or more past due:
| June 30, 2026 |  | December 31, 2025
| Total |  | 90 or more days past due |  | Total |  | 90 or more days past due
Aggregate unpaid principal balance | $ | 2,189,229 |  |  | $ | 6,292 |  |  | $ | 495,649 |  |  | $ | 5,177 |
Cumulative fair value adjustments | (104,163) |  |  | (5,171) |  |  | (22,335) |  |  | (4,183) |
Fair value of loans held for investment | $ | 2,085,066 |  |  | $ | 1,121 |  |  | $ | 473,314 |  |  | $ | 994 |
Asset-Backed Securities Related to Structured Program Transactions Senior Asset-Backed Securities Related to Structured Program Transactions Significant Unobservable Inputs The following significant unobservable input, which includes credit spreads, was used in the fair value measurement of senior asset-backed securities related to Structured Program transactions:
|  | June 30, 2026 |  | December 31, 2025
|  | Minimum |  | Maximum |  | Weighted- Average |  | Minimum |  | Maximum |  | Weighted- Average
Discount rate |  | 5.3 | % |  | 6.8 | % |  | 5.6 | % |  | 5.0 | % |  | 5.4 | % |  | 5.2 | %
Fair Value Sensitivity The sensitivity in the fair value of senior asset-backed securities related to Structured Program transactions to adverse changes in key assumptions was as follows:
| June 30, 2026 |  | December 31, 2025
Fair value of interests held | $ | 3,394,054 |  |  | $ | 3,092,410 |
Expected remaining weighted-average life (in years) | 1.1 |  | 1.1
Discount rate: |  |  |
100 basis point increase | $ | (37,308) |  |  | $ | (32,467) |
200 basis point increase | $ | (74,616) |  |  | $ | (64,934) |
Fair Value Reconciliation The following table presents the activity for senior asset-backed securities related to Structured Program transactions:
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2026 |  | 2025 |  | 2026 |  | 2025
Fair value at beginning of period | $ | 3,246,380 |  |  | $ | 2,869,281 |  |  | $ | 3,092,410 |  |  | $ | 2,899,824 |
Additions | 686,670 |  |  | 495,771 |  |  | 1,313,260 |  |  | 819,887 |
Cash received | (527,341) |  |  | (398,286) |  |  | (988,488) |  |  | (749,951) |
Change in unrealized loss | (11,655) |  |  | (4,291) |  |  | (23,128) |  |  | (7,285) |
Fair value at end of period | $ | 3,394,054 |  |  | $ | 2,962,475 |  |  | $ | 3,394,054 |  |  | $ | 2,962,475 |
Other Asset-Backed Securities Related to Structured Program Transactions Significant Unobservable Inputs The following significant unobservable inputs were used in the fair value measurement of other asset-backed securities related to Structured Program transactions:
|  | June 30, 2026 |  | December 31, 2025
|  | Minimum |  | Maximum |  | Weighted- Average(1) |  | Minimum |  | Maximum |  | Weighted- Average(1)
Discount rate |  | 6.9 | % |  | 8.9 | % |  | 7.3 | % |  | 6.6 | % |  | 8.6 | % |  | 6.9 | %
Annualized net charge-off rate |  | 3.4 | % |  | 6.5 | % |  | 5.6 | % |  | 3.1 | % |  | 6.2 | % |  | 5.0 | %
Annualized prepayment rate |  | 21.5 | % |  | 28.0 | % |  | 26.6 | % |  | 22.8 | % |  | 27.4 | % |  | 25.8 | %
(1) The weighted-average rate is calculated using the principal balance of each security. Fair Value Sensitivity The sensitivity in the fair value of other asset-backed securities related to Structured Program transactions to adverse changes in key assumptions was as follows:
| June 30, 2026 |  | December 31, 2025
Fair value of interests held | $ | 257,820 |  |  | $ | 219,370 |
Expected remaining weighted-average life (in years) | 1.1 |  | 1.2
Discount rate: |  |  |
100 basis point increase | $ | (2,706) |  |  | $ | (2,285) |
200 basis point increase | $ | (5,361) |  |  | $ | (4,529) |
Annualized net charge-off rate: |  |  |
10% increase | $ | (2,793) |  |  | $ | (2,077) |
20% increase | $ | (5,617) |  |  | $ | (4,112) |
Annualized prepayment rate: |  |  |
10% increase | $ | (1,148) |  |  | $ | (674) |
20% increase | $ | (2,136) |  |  | $ | (1,227) |
Fair Value Reconciliation The following table presents the activity for other asset-backed securities related to Structured Program transactions:
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2026 |  | 2025 |  | 2026 |  | 2025
Fair value at beginning of period | $ | 238,349 |  |  | $ | 172,544 |  |  | $ | 219,370 |  |  | $ | 169,948 |
Additions | 60,030 |  |  | 35,738 |  |  | 112,988 |  |  | 60,624 |
Cash received | (38,918) |  |  | (24,622) |  |  | (71,694) |  |  | (45,925) |
Credit loss (expense) benefit for securities available for sale | (165) |  |  | 819 |  |  | 112 |  |  | (502) |
Change in unrealized loss | (1,476) |  |  | (447) |  |  | (2,956) |  |  | (113) |
Fair value at end of period | $ | 257,820 |  |  | $ | 184,032 |  |  | $ | 257,820 |  |  | $ | 184,032 |
S ervicing Assets Significant Unobservable Inputs The following significant unobservable inputs were used in the fair value measurement for servicing assets related to loans sold to investors:
|  | June 30, 2026 |  | December 31, 2025
|  | Minimum |  | Maximum |  | Weighted- Average |  | Minimum |  | Maximum |  | Weighted- Average
Discount rate |  | 8.9 | % |  | 16.2 | % |  | 10.3 | % |  | 8.9 | % |  | 16.2 | % |  | 10.4 | %
Annualized net charge-off rate(1) |  | 3.4 | % |  | 12.8 | % |  | 6.1 | % |  | 3.3 | % |  | 19.5 | % |  | 6.5 | %
Annualized prepayment rate(1) |  | 19.7 | % |  | 27.7 | % |  | 26.0 | % |  | 19.9 | % |  | 25.9 | % |  | 24.6 | %
Market servicing rate(2) |  | 0.58 | % |  | 0.58 | % |  | 0.58 | % |  | 0.58 | % |  | 0.58 | % |  | 0.58 | %
(1) The weighted-average rate is calculated using the principal balance of each loan pool with similar risk characteristics. (2) The fees a willing market participant would require for the servicing of loans with similar characteristics as those in the Company’s serviced portfolio. Fair Value Sensitivity The sensitivity of the fair value of servicing assets to adverse changes in key assumptions was as follows:
| June 30, 2026 |  | December 31, 2025
Fair value of servicing assets | $ | 72,974 |  |  | $ | 65,167 |
Expected remaining weighted-average life (in years) | 1.2 |  | 1.2
Discount rate: |  |  |
100 basis point increase | $ | (648) |  |  | $ | (567) |
200 basis point increase | $ | (1,296) |  |  | $ | (1,134) |
Annualized net charge-off rate: |  |  |
10% increase | $ | (573) |  |  | $ | (536) |
20% increase | $ | (1,146) |  |  | $ | (1,071) |
Annualized prepayment rate: |  |  |
10% increase | $ | (2,212) |  |  | $ | (1,892) |
20% increase | $ | (4,424) |  |  | $ | (3,785) |
The Company’s selection of the most representative market servicing rates for servicing assets inherently require judgment. The Company reviews third-party servicing rates for its loans, loans in similar credit sectors, and market servicing benchmarking analyses provided by third-party valuation firms, when available. The table below shows the impact on the estimated fair value of servicing assets, calculated using different market servicing rate assumptions:
| June 30, 2026 |  | December 31, 2025
Weighted-average market servicing rate assumptions | 0.58 | % |  | 0.58 | %
Change in fair value from: |  |  |
Market servicing rate increase by 0.10% | $ | (8,123) |  |  | $ | (7,289) |
Market servicing rate decrease by 0.10% | $ | 8,123 |  |  | $ | 7,289 |
Fair Value Reconciliation The following table presents activity for servicing assets:
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2026 |  | 2025 |  | 2026 |  | 2025
Fair value at beginning of period | $ | 67,078 |  |  | $ | 56,904 |  |  | $ | 65,167 |  |  | $ | 60,697 |
Issuances(1) | 22,733 |  |  | 14,670 |  |  | 40,218 |  |  | 27,935 |
Change in fair value(2) | (16,837) |  |  | (13,665) |  |  | (32,411) |  |  | (30,723) |
Fair value at end of period | $ | 72,974 |  |  | $ | 57,909 |  |  | $ | 72,974 |  |  | $ | 57,909 |
(1) Represents the servicing assets recorded when the loans are sold. Included in “Gain on sales of loans” on the Income Statement. (2) Included in “Net fair value adjustments” on the Income Statement. Financial Instruments Not Recorded at Fair Value The following tables present the carrying amount and estimated fair values, by level within the fair value hierarchy, of the Company’s assets and liabilities that are not recorded at fair value on a recurring basis:
June 30, 2026 | Carrying Amount |  | Level 1 |  | Level 2 |  | Level 3 |  | Balance at Fair Value
Assets: |  |  |  |  |  |  |  |  |
Loans and leases held for investment at amortized cost, net | $ | 2,993,252 |  |  | $ | — |  |  | $ | — |  |  | $ | 3,161,857 |  |  | $ | 3,161,857 |
Other assets | 46,929 |  |  | — |  |  | 46,929 |  |  | — |  |  | 46,929 |
Total assets | $ | 3,040,181 |  |  | $ | — |  |  | $ | 46,929 |  |  | $ | 3,161,857 |  |  | $ | 3,208,786 |
Liabilities: |  |  |  |  |  |  |  |  |
Deposits(1) | $ | 2,858,839 |  |  | $ | — |  |  | $ | — |  |  | $ | 2,858,081 |  |  | $ | 2,858,081 |
Other liabilities | 37,119 |  |  | — |  |  | 14,496 |  |  | 22,623 |  |  | 37,119 |
Total liabilities | $ | 2,895,958 |  |  | $ | — |  |  | $ | 14,496 |  |  | $ | 2,880,704 |  |  | $ | 2,895,200 |
December 31, 2025 | Carrying Amount |  | Level 1 |  | Level 2 |  | Level 3 |  | Balance at Fair Value
Assets: |  |  |  |  |  |  |  |  |
Loans and leases held for investment at amortized cost, net | $ | 3,997,069 |  |  | $ | — |  |  | $ | — |  |  | $ | 4,251,852 |  |  | $ | 4,251,852 |
Other assets | 47,470 |  |  | — |  |  | 47,312 |  |  | 453 |  |  | 47,765 |
Total assets | $ | 4,044,539 |  |  | $ | — |  |  | $ | 47,312 |  |  | $ | 4,252,305 |  |  | $ | 4,299,617 |
Liabilities: |  |  |  |  |  |  |  |  |
Deposits(1) | $ | 2,434,422 |  |  | $ | — |  |  | $ | — |  |  | $ | 2,437,209 |  |  | $ | 2,437,209 |
Other liabilities | 40,931 |  |  | — |  |  | 11,926 |  |  | 29,005 |  |  | 40,931 |
Total liabilities | $ | 2,475,353 |  |  | $ | — |  |  | $ | 11,926 |  |  | $ | 2,466,214 |  |  | $ | 2,478,140 |
(1) Excludes deposit liabilities with no defined or contractual maturities.

X
- References No definition available. + Details
Name: | us-gaap_FairValueDisclosuresAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (bbb)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 107 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482078/820-10-55-107 Reference 3: http://www.xbrl.org/2003/role/exampleRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 100 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482078/820-10-55-100 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(3) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 6A -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2E -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2E Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 6A -Subparagraph (h) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 6A -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 6A -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 6A -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (h) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (g) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Topic 940 -SubTopic 820 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478119/940-820-50-1 + Details
Name: | us-gaap_FairValueDisclosuresTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration