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Segment Information (Tables)
3 Months Ended
Mar. 31, 2024
Segment Information  
Schedule of business segment financial information

Multi-family

    

 

Mortgage 

Mortgage

 

    

Banking

    

Warehousing

    

Banking

    

Other

    

Total

Three Months Ended March 31, 2024

(In thousands)

Interest income

$

1,746

$

84,901

$

224,288

$

3,238

 

$

314,173

Interest expense

 

20

 

56,140

 

131,723

 

(766)

 

 

187,117

Net interest income

 

1,726

 

28,761

 

92,565

 

4,004

 

 

127,056

Provision for credit losses

 

 

940

 

3,786

 

 

 

4,726

Net interest income after provision for credit losses

 

1,726

 

27,821

 

88,779

 

4,004

 

 

122,330

Noninterest income

 

40,467

 

3,317

 

429

 

(3,339)

 

 

40,874

Noninterest expense

 

19,571

 

4,798

 

15,578

 

8,965

 

 

48,912

Income (loss) before income taxes

 

22,622

 

26,340

 

73,630

 

(8,300)

 

 

114,292

Income taxes

 

6,013

 

6,150

 

17,205

 

(2,130)

 

 

27,238

Net income (loss)

$

16,609

$

20,190

$

56,425

$

(6,170)

 

$

87,054

Total assets

$

416,454

$

5,369,299

$

11,760,028

$

276,795

 

$

17,822,576

Multi-family

 

Mortgage 

Mortgage

 

    

Banking

    

Warehousing

    

Banking

    

Other

    

Total

Three Months Ended March 31, 2023

(In thousands)

Interest income

$

1,106

$

42,318

$

166,726

$

1,144

 

$

211,294

Interest expense

 

 

27,794

 

84,526

 

(1,719)

 

 

110,601

Net interest income

 

1,106

 

14,524

 

82,200

 

2,863

 

 

100,693

Provision for credit losses

 

 

1,364

 

5,503

 

 

 

6,867

Net interest income after provision for credit losses

 

1,106

 

13,160

 

76,697

 

2,863

 

 

93,826

Noninterest income

 

16,597

 

1,033

 

(1,189)

 

(2,177)

 

 

14,264

Noninterest expense

 

14,631

 

2,755

 

10,170

 

7,216

 

 

34,772

Income (loss) before income taxes

 

3,072

 

11,438

 

65,338

 

(6,530)

 

 

73,318

Income taxes

 

1,106

 

2,797

 

16,031

 

(1,571)

 

 

18,363

Net income (loss)

$

1,966

$

8,641

$

49,307

$

(4,959)

 

$

54,955

Total assets

$

341,487

$

3,318,491

$

10,430,293

$

150,695

 

$

14,240,966