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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Assets    
Cash and due from banks $ 15,592 $ 22,170
Interest-earning demand accounts 568,830 203,994
Cash and cash equivalents 584,422 226,164
Securities purchased under agreements to resell 3,349 3,464
Mortgage loans in process of securitization 110,599 154,194
Securities available for sale 1,113,687 323,337
Securities held to maturity ($1,203,535 and $1,118,966 at fair value, respectively) 1,204,217 1,119,078
Federal Home Loan Bank (FHLB) stock 48,578 39,130
Loans held for sale (includes $86,663 and $82,192 at fair value, respectively) 3,144,756 2,910,576
Loans receivable, net of allowance for credit losses on loans of $71,752 and $44,014, respectively 10,127,801 7,426,858
Premises and equipment, net 42,342 35,438
Servicing rights 158,457 146,248
Interest receivable 91,346 56,262
Goodwill 15,845 15,845
Intangible assets, net 742 1,186
Other assets and receivables 306,375 157,447
Total assets 16,952,516 12,615,227
Deposits    
Noninterest-bearing 520,070 326,875
Interest-bearing 13,541,390 9,744,470
Total deposits 14,061,460 10,071,345
Borrowings 964,127 930,392
Deferred tax liabilities 19,923 19,613
Other liabilities 205,922 134,138
Total liabilities 15,251,432 11,155,488
Commitments and Contingencies
Shareholders' Equity    
Common stock, without par value Authorized - 75,000,000 shares Issued and outstanding - 43,242,928 shares at December 31, 2023 and 43,113,127 shares at December 31, 2022 140,365 137,781
Preferred stock
Retained earnings 1,063,599 832,871
Accumulated other comprehensive loss (2,488) (10,521)
Total shareholders' equity 1,701,084 1,459,739
Total liabilities and shareholders' equity 16,952,516 12,615,227
7% Series A Preferred Stock    
Shareholders' Equity    
Preferred stock 50,221 50,221
6% Series B Preferred Stock    
Shareholders' Equity    
Preferred stock 120,844 120,844
6% Series C Preferred Stock    
Shareholders' Equity    
Preferred stock 191,084 191,084
8.25% Series D Preferred Stock    
Shareholders' Equity    
Preferred stock $ 137,459 $ 137,459