XML 58 R49.htm IDEA: XBRL DOCUMENT v3.23.3
LOANS HELD FOR INVESTMENT, NET - Allowance for Credit Losses Activity (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Dec. 31, 2022
Allowance for loan losses [Roll Forward]          
Allowance for credit losses, Beginning balance     $ 83,507    
(Recovery) provision for credit losses $ 1,806 $ 6,587 (950) $ 5,039  
Charge-offs     (10,937)   $ (11,401)
Allowance for credit losses, Ending balance 72,563   72,563   83,507
Non-accrual with No Allowance 3,809   3,809   6,075
Non-accrual with Allowance 19,511   19,511   28,162
Reserve 14,744   14,744   22,389
Interest income on non-accrual loans held for investment          
Interest income on non-accrual loans 0 0 0 0  
Business loans          
Allowance for loan losses [Roll Forward]          
Allowance for credit losses, Beginning balance 39,700 45,128 47,029 62,366 62,366
(Recovery) provision for credit losses 1,822 3,246 (328) (10,799)  
Charge-offs (5,147) (5,462) (10,921) (8,742) (11,401)
Recoveries 305 1,580 900 1,667  
Allowance for credit losses, Ending balance 36,680 44,492 36,680 44,492 47,029
Non-accrual with No Allowance 3,809   3,809   5,403
Non-accrual with Allowance 15,746   15,746   22,384
Reserve 14,065   14,065   20,812
One-to-four family residential and cooperative/condominium apartment          
Allowance for loan losses [Roll Forward]          
Allowance for credit losses, Beginning balance 6,419 4,514 5,969 5,932 5,932
(Recovery) provision for credit losses 787 544 1,251 (874)  
Charge-offs     (14)    
Allowance for credit losses, Ending balance 7,206 5,058 7,206 5,058 5,969
Non-accrual with Allowance 2,874   2,874   3,203
Reserve 140   140   181
Multifamily residential and residential mixed-use          
Allowance for loan losses [Roll Forward]          
Allowance for credit losses, Beginning balance 8,190 7,003 8,360 7,816 7,816
(Recovery) provision for credit losses (621) 1,051 (791) 236  
Charge-offs (2)   (2)    
Recoveries       2  
Allowance for credit losses, Ending balance 7,567 8,054 7,567 8,054 8,360
Non-owner-occupied commercial real estate          
Allowance for loan losses [Roll Forward]          
Allowance for credit losses, Beginning balance 18,440 18,707 20,153 2,131 2,131
(Recovery) provision for credit losses (10) 1,800 (1,723) 18,322  
Recoveries       54  
Allowance for credit losses, Ending balance 18,430 20,507 18,430 20,507 20,153
Non-accrual with No Allowance         15
Non-accrual with Allowance 15   15   2,476
Reserve 15   15   1,297
Acquisition, development, and construction ("ADC")          
Allowance for loan losses [Roll Forward]          
Allowance for credit losses, Beginning balance 2,558 3,788      
(Recovery) provision for credit losses (220) (169)      
Allowance for credit losses, Ending balance 2,338 3,619 2,338 3,619  
Non-accrual with No Allowance         657
Non-accrual with Allowance 657   657    
Reserve 305   305    
Acquisition, development, and construction ("ADC") | Total real estate loans          
Allowance for loan losses [Roll Forward]          
Allowance for credit losses, Beginning balance     1,723 4,857 4,857
(Recovery) provision for credit losses     615 (1,238)  
Allowance for credit losses, Ending balance 2,338 3,619 2,338 3,619 1,723
Other Loans          
Allowance for loan losses [Roll Forward]          
Allowance for credit losses, Beginning balance 339 286 273 751 751
(Recovery) provision for credit losses 23 (32) 116 (495)  
Charge-offs (26) (49) (60) (52)  
Recoveries 6   13 1  
Allowance for credit losses, Ending balance 342 205 342 205 273
Non-accrual with Allowance 219   219   99
Reserve 219   219   99
Includes other loans          
Allowance for loan losses [Roll Forward]          
Allowance for credit losses, Beginning balance 75,646 79,426 83,507 83,853 83,853
(Recovery) provision for credit losses 1,781 6,440 (860) 5,152  
Charge-offs (5,175) (5,511) (10,997) (8,794)  
Recoveries 311 1,580 913 1,724  
Allowance for credit losses, Ending balance $ 72,563 $ 81,935 $ 72,563 $ 81,935 $ 83,507