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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Assets    
Cash and due from banks $ 55,773 $ 5,197
Interest-bearing deposits in banks 512,873 519,766
Total cash and cash equivalents 568,646 524,963
Restricted cash [1] 123,896 103,522
Securities available for sale at fair value (includes $272,909 and $159,164 at amortized cost, respectively) 277,505 142,226
Loans held for sale (includes $180,061 and $121,902 at fair value, respectively) [1] 226,328 121,902
Loans and leases held for investment 2,370,126 0
Allowance for loan and lease losses (71,081) 0
Loans and leases held for investment, net 2,299,045 0
Retail and certificate loans held for investment at fair value [1] 391,362 636,686
Other loans held for investment at fair value [1] 34,523 49,954
Property, equipment and software, net 94,676 96,641
Goodwill 75,717 0
Other assets [1] 278,403 187,399
Total assets 4,370,101 1,863,293
Deposits:    
Interest-bearing 2,445,518 0
Noninterest-bearing 94,186 0
Total deposits 2,539,704 0
Short-term borrowings 68,781 104,989
Advances from Paycheck Protection Program Liquidity Facility (PPPLF) 195,481 0
Retail notes, certificates and secured borrowings at fair value [1] 391,384 636,774
Payable on Structured Program borrowings [1] 110,871 152,808
Other long-term debt 15,650 0
Other liabilities [1] 285,871 244,551
Total liabilities 3,607,742 1,139,122
Equity    
Series A Preferred stock, $0.01 par value; 1,200,000 shares authorized; 0 and 43,000 shares issued and outstanding, respectively 0 0
Common stock, $0.01 par value; 180,000,000 shares authorized; 98,601,148 and 88,149,510 shares issued and outstanding, respectively 986 881
Additional paid-in capital 1,580,518 1,508,020
Accumulated deficit (823,927) (786,214)
Treasury stock, at cost; 4,251 and 0 shares, respectively (92) 0
Accumulated other comprehensive income 4,874 1,484
Total equity 762,359 724,171
Total liabilities and equity $ 4,370,101 $ 1,863,293
[1] Includes amounts in consolidated variable interest entities (VIEs) presented separately in the table below.