Segment Information (Tables)

9 Months Ended

Sep. 30, 2023

Segment Information

Schedule of business segment financial information

	Multi-family
	Mortgage		Mortgage
	Banking		Warehousing		Banking		Other		Total
Three Months Ended September 30, 2023	(In thousands)
Interest income	$	1,580	$	85,280	$	208,307	$	1,509	$	296,676
Interest expense		19		57,633		123,594		(2,006)		179,240
Net interest income		1,561		27,647		84,713		3,515		117,436
Provision for credit losses		—		(495)		4,509		—		4,014
Net interest income after provision for credit losses		1,561		28,142		80,204		3,515		113,422
Noninterest income		37,266		1,884		(536)		(2,546)		36,068
Noninterest expense		19,169		4,014		10,945		8,802		42,930
Income (loss) before income taxes		19,658		26,012		68,723		(7,833)		106,560
Income taxes		4,973		6,086		16,278		(2,281)		25,056
Net income (loss)	$	14,685	$	19,926	$	52,445	$	(5,552)	$	81,504
Total assets	$	392,754	$	4,757,817	$	11,135,651	$	209,014	$	16,495,236

	Multi-family
	Mortgage		Mortgage
	Banking		Warehousing		Banking		Other		Total
Three Months Ended September 30, 2022	(In thousands)
Interest income	$	589	$	31,240	$	99,982	$	2,301	$	134,112
Interest expense		—		15,089		34,513		(875)		48,727
Net interest income		589		16,151		65,469		3,176		85,385
Provision for credit losses		—		222		2,003		—		2,225
Net interest income after provision for credit losses		589		15,929		63,466		3,176		83,160
Noninterest income		39,421		1,106		(8,317)		(3,024)		29,186
Noninterest expense		21,741		2,332		3,752		7,126		34,951
Income (loss) before income taxes		18,269		14,703		51,397		(6,974)		77,395
Income taxes		4,903		2,902		12,053		(951)		18,907
Net income (loss)	$	13,366	$	11,801	$	39,344	$	(6,023)	$	58,488
Total assets	$	343,443	$	2,735,278	$	8,760,416	$	139,585	$	11,978,722

	Multi-family
	Mortgage		Mortgage
	Banking		Warehousing		Banking		Other		Total
	(In thousands)
Nine Months Ended September 30, 2023
Interest income	$	3,934	$	191,865		566,439	$	3,801	$	766,039
Interest expense		32		128,411		319,431		(5,581)		442,293
Net interest income		3,902		63,454		247,008		9,382		323,746
Provision for credit losses		—		3,189		30,295		—		33,484
Net interest income after provision for credit losses		3,902		60,265		216,713		9,382		290,262
Noninterest income		84,188		5,789		(2,485)		(7,278)		80,214
Noninterest expense		53,762		10,386		33,233		24,641		122,022
Income (loss) before income taxes		34,328		55,668		180,995		(22,537)		248,454
Income taxes		6,435		8,505		36,593		(4,840)		46,693
Net income (loss)	$	27,893	$	47,163	$	144,402	$	(17,697)	$	201,761
Total assets	$	392,754	$	4,757,817	$	11,135,651	$	209,014	$	16,495,236

	Multi-family
	Mortgage		Mortgage
	Banking		Warehousing		Banking		Other			Total
	(In thousands)
Nine Months Ended September 30, 2022
Interest income	$	1,229	$	74,816	$	217,285	$	6,064	$	299,394
Interest expense		—		22,686		55,066		(1,499)		76,253
Net interest income		1,229		52,130		162,219		7,563		223,141
Provision for credit losses		1,153		849		8,886		—		10,888
Net interest income after provision for credit losses		76		51,281		153,333		7,563		212,253
Noninterest income		121,037		4,316		(16,380)		(6,019)		102,954
Noninterest expense		60,231		7,699		12,960		18,051		98,941
Income (loss) before income taxes		60,882		47,898		123,993		(16,507)		216,266
Income taxes		16,468		11,070		29,953		(3,790)		53,701
Net income (loss)	$	44,414	$	36,828	$	94,040	$	(12,717)	$	162,565
Total assets	$	343,443	$	2,735,278	$	8,760,416	$	139,585	$	11,978,722