Net Interest Income (Tables)

3 Months Ended

Mar. 31, 2024

Banking and Thrift, Interest [Abstract]

Schedule of Components of Interest Income and Interest Expense

The following table details the components of the Company's interest income and interest expense for the three months ended March 31, 2024 and 2023, respectively (dollar amounts in thousands):

	For the Three Months Ended March 31,
	2024		2023
Interest income
Residential loans
Residential loans	$	11,689	$	16,954
Consolidated SLST	8,127		8,733
Residential loans held in securitization trusts	26,931		24,721
Total residential loans	46,747		50,408
Investment securities available for sale	32,903		3,169
Multi-family loans	2,642		2,436
Other	1,600		1,123
Total interest income	83,892		57,136
Interest expense
Repurchase agreements	39,153		13,068
Collateralized debt obligations
Consolidated SLST	5,801		6,315
Residential loan securitizations	18,376		17,376
Total collateralized debt obligations	24,177		23,691
Senior unsecured notes	1,626		1,614
Subordinated debentures	1,073		962
Total interest expense	66,029		39,335
Net interest income	$	17,863	$	17,801