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Loans Held for Investment at Amortized Cost and Loans Held for Investment at Fair Value - Schedule of Activity in Allowance for Credit Losses (Details) - USD ($) $ in Thousands | 3 Months Ended |
--- | --- | ---
Mar. 31, 2026 | Mar. 31, 2025 | Dec. 31, 2025
Allowance for credit losses: |  |  |
Beginning balance | $ 4,521 | $ 4,174 |
Provision for credit losses | 1,661 | 1,872 |
Charge-offs | (1,322) | (1,029) |
Ending balance | 4,860 | 5,017 |
Allowance for Loans Individually Evaluated | 1,107 | 1,429 | $ 1,019
Allowance related to Loans collectively evaluated | 3,753 | 3,589 |
Amortized cost related to Loans individually evaluated | 241,213 | 295,961 |
Amortized cost related to Loans collectively evaluated | 1,714,677 | 2,031,065 |
Commercial - Purchase |  |  |
Allowance for credit losses: |  |  |
Beginning balance | 345 | 662 |
Provision for credit losses | (45) | (7) |
Ending balance | 300 | 655 |
Allowance for Loans Individually Evaluated | 76 | 85 | 76
Allowance related to Loans collectively evaluated | 224 | 570 |
Amortized cost related to Loans individually evaluated | 35,132 | 33,954 |
Amortized cost related to Loans collectively evaluated | 439,125 | 514,842 |
Commercial - Refinance |  |  |
Allowance for credit losses: |  |  |
Beginning balance | 1,858 | 1,399 |
Provision for credit losses | 1,373 | 848 |
Charge-offs | (928) | (118) |
Ending balance | 2,303 | 2,129 |
Allowance for Loans Individually Evaluated | 475 | 1,105 | 402
Allowance related to Loans collectively evaluated | 1,828 | 1,024 |
Amortized cost related to Loans individually evaluated | 72,179 | 96,686 |
Amortized cost related to Loans collectively evaluated | 511,973 | 591,231 |
Residential 1-4 Unit - Purchase |  |  |
Allowance for credit losses: |  |  |
Beginning balance | 771 | 746 |
Provision for credit losses | 90 | 271 |
Charge-offs | (113) | (177) |
Ending balance | 748 | 840 |
Allowance for Loans Individually Evaluated | 14 |  | 6
Allowance related to Loans collectively evaluated | 734 | 840 |
Amortized cost related to Loans individually evaluated | 25,036 | 29,358 |
Amortized cost related to Loans collectively evaluated | 314,641 | 371,420 |
Residential 1-4 Unit - Refinance |  |  |
Allowance for credit losses: |  |  |
Beginning balance | 1,540 | 1,281 |
Provision for credit losses | 160 | 640 |
Charge-offs | (203) | (624) |
Ending balance | 1,497 | 1,297 |
Allowance for Loans Individually Evaluated | 542 | 193 | $ 535
Allowance related to Loans collectively evaluated | 955 | 1,104 |
Amortized cost related to Loans individually evaluated | 90,871 | 115,903 |
Amortized cost related to Loans collectively evaluated | 418,215 | 521,080 |
Short Term 1-4 Unit - Purchase |  |  |
Allowance for credit losses: |  |  |
Beginning balance | 7 | 12 |
Provision for credit losses | 5 | 33 |
Charge-offs |  | (7) |
Ending balance | 12 | 38 |
Allowance related to Loans collectively evaluated | 12 | 38 |
Amortized cost related to Loans individually evaluated | 1,180 | 2,595 |
Amortized cost related to Loans collectively evaluated | 30,723 | 28,007 |
Short Term 1-4 Unit - Refinance |  |  |
Allowance for credit losses: |  |  |
Beginning balance |  | 74 |
Provision for credit losses | 78 | 87 |
Charge-offs | (78) | (103) |
Ending balance |  | 58 |
Allowance for Loans Individually Evaluated |  | 46 |
Allowance related to Loans collectively evaluated |  | 13 |
Amortized cost related to Loans individually evaluated | $ 16,815 | 17,465 |
Amortized cost related to Loans collectively evaluated |  | $ 4,485 |

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