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Loans and Allowance for Credit Losses - Loan Vintage (Details) - USD ($) $ in Thousands | Sep. 30, 2022 | Dec. 31, 2021
--- | --- | ---
Loan classification and delinquency by year of origination |  |
UPB | $ 9,985,264 | $ 7,103,423
Current fiscal year | 2,908,789 | 3,702,631
Year before current fiscal year | 3,936,316 | 605,289
Two years before current fiscal year | 547,222 | 974,892
Three years before current fiscal year | 1,115,393 | 523,579
Four years before current fiscal year | 433,404 | 173,349
Five or more years before current fiscal year | 930,786 | 1,045,667
Total | 9,871,910 | 7,025,407
General allowance for loan losses | (29,796) | (28,113)
Total Loans, net of allowance for loan losses, including loans in consolidated VIEs | 9,842,114 | 6,997,294
Specific allowance for loan losses including PCD allowance | 30,500 |
Purchased financial assets with credit deterioration | 15,972 |
Specific allowance for loan losses | 14,485 | 17,264
Current and less than 30 days past due |  |
Loan classification and delinquency by year of origination |  |
UPB | 9,700,041 | 6,901,474
Current fiscal year | 2,908,789 | 3,666,020
Year before current fiscal year | 3,927,896 | 596,289
Two years before current fiscal year | 539,893 | 953,269
Three years before current fiscal year | 1,052,098 | 473,798
Four years before current fiscal year | 317,302 | 167,629
Five or more years before current fiscal year | 876,602 | 984,680
Total | 9,622,580 | 6,841,685
30-59 Days Past Due |  |
Loan classification and delinquency by year of origination |  |
UPB | 10,145 | 73,836
Current fiscal year |  | 35,549
Year before current fiscal year | 7,730 | 352
Two years before current fiscal year | 3 | 18,393
Three years before current fiscal year |  | 3,714
Four years before current fiscal year |  | 228
Five or more years before current fiscal year | 2,184 | 14,601
Total | 9,917 | 72,837
60+ Days Past Due |  |
Loan classification and delinquency by year of origination |  |
UPB | 275,078 | 128,113
Current fiscal year |  | 1,062
Year before current fiscal year | 690 | 8,648
Two years before current fiscal year | 7,326 | 3,230
Three years before current fiscal year | 63,295 | 46,067
Four years before current fiscal year | 116,102 | 5,492
Five or more years before current fiscal year | 52,000 | 46,386
Total | 239,413 | 110,885
Bridge |  |
Loan classification and delinquency by year of origination |  |
UPB | 7,385,285 | 4,579,419
Current fiscal year | 2,754,528 | 3,461,864
Year before current fiscal year | 3,682,145 | 430,248
Two years before current fiscal year | 387,775 | 399,603
Three years before current fiscal year | 326,252 | 205,855
Four years before current fiscal year | 146,296 | 11,327
Five or more years before current fiscal year | 30,930 | 29,490
Total | 7,327,926 | 4,538,387
General allowance for loan losses | (14,823) | (15,204)
Specific allowance for loan losses | 5,631 | 4,315
Bridge | Current and less than 30 days past due |  |
Loan classification and delinquency by year of origination |  |
Total | 7,200,286 | 4,451,230
Bridge | 30-59 Days Past Due |  |
Loan classification and delinquency by year of origination |  |
Total | 7,730 | 52,997
Bridge | 60+ Days Past Due |  |
Loan classification and delinquency by year of origination |  |
Total | 119,910 | 34,160
Construction |  |
Loan classification and delinquency by year of origination |  |
UPB | 392,650 |
Current fiscal year | 24,234 |
Two years before current fiscal year | 10,000 |
Three years before current fiscal year | 296,171 |
Four years before current fiscal year | 42,727 |
Total | 373,132 |
General allowance for loan losses | (971) |
Purchased financial assets with credit deterioration | 15,972 |
Construction | Current and less than 30 days past due |  |
Loan classification and delinquency by year of origination |  |
Total | 317,329 |
Construction | 60+ Days Past Due |  |
Loan classification and delinquency by year of origination |  |
Total | 55,803 |
Fixed rate |  |
Loan classification and delinquency by year of origination |  |
UPB | 974,876 | 1,088,076
Current fiscal year | 46,499 | 142,801
Year before current fiscal year | 143,773 | 103,528
Two years before current fiscal year | 92,381 | 393,563
Three years before current fiscal year | 335,631 | 163,912
Four years before current fiscal year | 135,456 | 98,123
Five or more years before current fiscal year | 219,679 | 187,918
Total | 973,419 | 1,089,845
General allowance for loan losses | (1,928) | (2,667)
Specific allowance for loan losses | 4,446 | 4,194
Fixed rate | Current and less than 30 days past due |  |
Loan classification and delinquency by year of origination |  |
Total | 948,958 | 1,057,708
Fixed rate | 60+ Days Past Due |  |
Loan classification and delinquency by year of origination |  |
Total | 24,461 | 32,137
Freddie Mac |  |
Loan classification and delinquency by year of origination |  |
UPB | 6,056 | 2,985
Year before current fiscal year |  | 3,093
Two years before current fiscal year | 6,164 |
Total | 6,164 | 3,093
Freddie Mac | Current and less than 30 days past due |  |
Loan classification and delinquency by year of origination |  |
Total | 3,071 |
Freddie Mac | 60+ Days Past Due |  |
Loan classification and delinquency by year of origination |  |
Total | 3,093 | 3,093
Residential |  |
Loan classification and delinquency by year of origination |  |
UPB | 2,485 | 3,914
Current fiscal year | 308 | 1,413
Year before current fiscal year | 156 | 492
Two years before current fiscal year |  | 468
Three years before current fiscal year | 441 |
Four years before current fiscal year | 345 |
Five or more years before current fiscal year | 1,060 | 1,215
Total | 2,310 | 3,588
General allowance for loan losses | (4) | (8)
Specific allowance for loan losses | 1 | 52
Residential | Current and less than 30 days past due |  |
Loan classification and delinquency by year of origination |  |
Total | 700 | 1,674
Residential | 60+ Days Past Due |  |
Loan classification and delinquency by year of origination |  |
Total | 1,610 | 1,914
SBA 7(a) |  |
Loan classification and delinquency by year of origination |  |
UPB | 584,648 | 618,012
Current fiscal year | 80,993 | 92,030
Year before current fiscal year | 82,948 | 44,955
Two years before current fiscal year | 40,450 | 104,938
Three years before current fiscal year | 85,024 | 122,242
Four years before current fiscal year | 94,669 | 49,031
Five or more years before current fiscal year | 171,439 | 173,616
Total | 555,523 | 586,812
General allowance for loan losses | (9,842) | (6,653)
Specific allowance for loan losses | 3,503 | 5,527
SBA 7(a) | Current and less than 30 days past due |  |
Loan classification and delinquency by year of origination |  |
Total | 550,061 | 576,593
SBA 7(a) | 30-59 Days Past Due |  |
Loan classification and delinquency by year of origination |  |
Total | 860 | 6,741
SBA 7(a) | 60+ Days Past Due |  |
Loan classification and delinquency by year of origination |  |
Total | 4,602 | 3,478
Other |  |
Loan classification and delinquency by year of origination |  |
UPB | 639,264 | 811,017
Current fiscal year | 2,227 | 4,523
Year before current fiscal year | 27,294 | 22,973
Two years before current fiscal year | 10,452 | 76,320
Three years before current fiscal year | 71,874 | 31,570
Four years before current fiscal year | 13,911 | 14,868
Five or more years before current fiscal year | 507,678 | 653,428
Total | 633,436 | 803,682
General allowance for loan losses | (2,228) | (3,581)
Specific allowance for loan losses | 904 | 3,176
Other | Current and less than 30 days past due |  |
Loan classification and delinquency by year of origination |  |
Total | 602,175 | 754,480
Other | 30-59 Days Past Due |  |
Loan classification and delinquency by year of origination |  |
Total | 1,327 | 13,099
Other | 60+ Days Past Due |  |
Loan classification and delinquency by year of origination |  |
Total | $ 29,934 | $ 36,103

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