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Consolidated Statements Of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Interest Income    
Residential loans $ 31,400 $ 25,009
Commercial loans 9,460 10,914
Real estate securities 21,095 27,775
Other interest income 373 48
Total interest income 62,328 63,746
Interest Expense    
Short-term debt (6,697) (7,224)
Asset-backed securities issued (4,282) (6,202)
Long-term debt (12,971) (10,535)
Total Interest Expense (23,950) (23,961)
Net Interest Income 38,378 39,785
Provision for loan losses (289) (206)
Net Interest Income After Provision 38,089 39,579
Noninterest Income    
Mortgage banking activities, net 7,218 1,923
Mortgage servicing rights income (loss), net 6,281 (10,924)
Investment fair value changes, net (19,538) (1,145)
Other income 955 809
Realized gains, net 9,538 4,306
Total non-interest income (loss), net 4,454 (5,031)
Operating expenses (30,452) (25,063)
Net income before provision for income taxes 12,091 9,485
(Provision for) benefit from income taxes (28) 5,316
Net Income $ 12,063 $ 14,801
Basic earnings per common share (usd per share) $ 0.15 $ 0.17
Diluted earnings per common share (usd per share) 0.15 0.16
Regular dividends declared per common share (usd per share) $ 0.28 $ 0.28
Basic weighted average shares outstanding (shares) 77,137,682 83,360,312
Diluted weighted average shares outstanding (shares) 77,137,682 85,622,216