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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Assets    
Cash and due from banks $ 17,924 $ 15,592
Interest-earning demand accounts 490,831 568,830
Cash and cash equivalents 508,755 584,422
Securities purchased under agreements to resell 3,329 3,349
Mortgage loans in process of securitization 142,629 110,599
Securities available for sale ($700,640 and $722,497 utilizing fair value option, respectively) 1,061,288 1,113,687
Securities held to maturity ($1,176,178 and $1,203,535 at fair value, respectively) 1,175,167 1,204,217
Federal Home Loan Bank (FHLB) stock 64,215 48,578
Loans held for sale (includes $84,513 and $86,663 at fair value, respectively) 3,503,131 3,144,756
Loans receivable, net of allowance for credit losses on loans of $75,712 and $71,752, respectively 10,690,513 10,127,801
Premises and equipment, net 42,450 42,342
Servicing rights 172,200 158,457
Interest receivable 90,303 91,346
Goodwill 8,014 15,845
Intangible assets, net 149 742
Other assets and receivables 360,433 306,375
Total assets 17,822,576 16,952,516
Deposits    
Noninterest-bearing 319,872 520,070
Interest-bearing 13,655,789 13,541,390
Total deposits 13,975,661 14,061,460
Borrowings 1,835,985 964,127
Deferred and current tax liabilities, net 43,935 19,923
Other liabilities 190,527 205,922
Total liabilities 16,046,108 15,251,432
Commitments and Contingencies
Shareholders' Equity    
Common stock, without par value Authorized - 75,000,000 shares Issued and outstanding - 43,354,718 shares at March 31, 2024 and 43,242,928 shares at December 31, 2023 139,950 140,365
Retained earnings 1,138,083 1,063,599
Accumulated other comprehensive loss (1,173) (2,488)
Total shareholders' equity 1,776,468 1,701,084
Total liabilities and shareholders' equity 17,822,576 16,952,516
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