HomeStreet (HMST) 10-Q 7 May 21 2021 Q1 Quarterly report Financial data

Cover

Cover - shares	3 Months Ended
	Mar. 31, 2021	May 03, 2021
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2021
Document Transition Report	false
Entity File Number	001-35424
Entity Registrant Name	HOMESTREET, INC.
Entity Incorporation, State or Country Code	WA
Entity Tax Identification Number	91-0186600
Entity Address, Address Line One	601 Union Street
Entity Address, Address Line Two	Suite 2000
Entity Address, City or Town	Seattle
Entity Address, State or Province	WA
Entity Address, Postal Zip Code	98101
City Area Code	206
Local Phone Number	623-3050
Title of 12(b) Security	Common Stock
Trading Symbol	HMST
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Smaller Reporting Company	false
Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding (in shares)		21,355,032
Entity Central Index Key	0001518715
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q1
Amendment Flag	false

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
ASSETS
Cash and cash equivalents	$ 69,101	$ 58,049
Investment securities	1,049,105	1,076,364
Loans held for sale ("LHFS")	390,223	361,932
Loans held for investment ("LHFI") (net of allowance for credit losses of $64,047 and $64,294)	5,227,727	5,179,886
Mortgage servicing rights ("MSRs")	101,978	85,740
Premises and equipment, net	63,049	65,102
Other real estate owned ("OREO")	1,484	1,375
Goodwill and other intangible assets	32,587	32,880
Other assets	329,937	375,763
Total assets	7,265,191	7,237,091
Liabilities:
Deposits	6,131,233	5,821,559
Borrowings	84,500	322,800
Long-term debt	125,885	125,838
Accounts payable and other liabilities	222,110	249,144
Total liabilities	6,563,728	6,519,341
Commitments and contingencies
Shareholders' equity:
Common stock, no par value, authorized 160,000,000 shares, issued and outstanding, 21,360,514 shares and 21,796,904 shares	269,942	278,505
Retained earnings	411,712	403,888
Accumulated other comprehensive income	19,809	35,357
Total shareholders' equity	701,463	717,750
Total liabilities and shareholders' equity	$ 7,265,191	$ 7,237,091

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Statement of Financial Position [Abstract]
Allowance for credit losses on loans held for investment	$ 64,047	$ 64,294
Common stock, par value (in dollars per share)	$ 0	$ 0
Common stock, shares authorized (in shares)	160,000,000	160,000,000
Common stock, shares issued (in shares)	21,360,514	21,796,904
Common stock, shares outstanding (in shares)	21,360,514	21,796,904

Consolidated Income Statements

Consolidated Income Statements (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Interest income:
Loans	$ 53,568	$ 59,009
Investment securities	5,951	4,387
Cash, Fed Funds and other	172	353
Total interest income	59,691	63,749
Interest expense:
Deposits	3,650	14,783
Borrowings	1,524	3,532
Total interest expense	5,174	18,315
Net interest income	54,517	45,434
Provision for credit losses	0	14,000
Net interest income after provision for credit losses	54,517	31,434
Noninterest income:
Net gain on loan origination and sale activities	33,459	22,541
Loan servicing income	748	6,101
Deposit fees	1,824	1,890
Other	2,802	2,098
Total noninterest income	38,833	32,630
Noninterest expense:
Compensation and benefits	35,835	32,432
Information services	6,784	7,524
Occupancy	6,492	6,769
General, administrative and other	7,497	8,459
Total noninterest expense	56,608	55,184
Income before income taxes	36,742	8,880
Income tax expense	7,079	1,741
Net income	$ 29,663	$ 7,139
Net income per share:
Basic (in dollars per share)	$ 1.37	$ 0.30
Diluted (in dollars per share)	$ 1.35	$ 0.30
Weighted average shares outstanding:
Basic (in shares)	21,637,671	23,688,930
Diluted (in shares)	21,961,828	23,860,280

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Statement of Comprehensive Income [Abstract]
Net income	$ 29,663	$ 7,139
Other comprehensive income:
Unrealized gain (loss) investment securities available for sale ("AFS")	(19,681)	17,083
Reclassification for net (gains) losses included in income	0	(112)
Other comprehensive income (loss) before tax	(19,681)	16,971
Unrealized gain (loss) investment securities AFS	(4,133)	3,587
Reclassification for net (gains) losses included in income	0	(24)
Total	(4,133)	3,563
Other comprehensive income	(15,548)	13,408
Total comprehensive income	$ 14,115	$ 20,547

Consolidated Statements of Shar

Consolidated Statements of Shareholders' Equity (Unaudited) - USD ($) $ in Thousands	Total	Cumulative Effect, Period of Adoption, Adjustment	Common stock	Retained earnings	Retained earningsCumulative Effect, Period of Adoption, Adjustment	Accumulated other comprehensive income (loss)
Common stock shares outstanding, beginning balance (in shares) at Dec. 31, 2019			23,890,855
Beginning balance at Dec. 31, 2019	$ 679,723	$ (3,740)	$ 300,729	$ 374,673	$ (3,740)	$ 4,321
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	$ 7,139			7,139
Share-based compensation expense (in shares)	2,148
Share-based compensation expense	$ 477		$ 477
Common stock issued - Option exercise; stock grants (in shares)			87,359
Common stock issued - Option exercise; stock grants	613		$ 613
Other comprehensive income	13,408					13,408
Dividends declared on common stock	(3,574)			(3,574)
Common stock repurchased (in shares)			(603,569)
Common stock repurchased	(16,732)		$ (7,517)	(9,215)
Common stock shares outstanding, ending balance (in shares) at Mar. 31, 2020			23,376,793
Ending balance at Mar. 31, 2020	$ 677,314		$ 294,302	365,283		17,729
Common stock shares outstanding, beginning balance (in shares) at Dec. 31, 2020	21,796,904		21,796,904
Beginning balance at Dec. 31, 2020	$ 717,750		$ 278,505	403,888		35,357
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	$ 29,663			29,663
Share-based compensation expense (in shares)	2,816
Share-based compensation expense	$ 810		$ 810
Common stock issued - Option exercise; stock grants (in shares)			185,441
Common stock issued - Option exercise; stock grants	1,849		$ 1,849
Other comprehensive income	(15,548)					(15,548)
Dividends declared on common stock	(5,534)			(5,534)
Common stock repurchased (in shares)			(624,647)
Common stock repurchased	$ (27,527)		$ (11,222)	(16,305)
Common stock shares outstanding, ending balance (in shares) at Mar. 31, 2021	21,360,514		21,360,514
Ending balance at Mar. 31, 2021	$ 701,463		$ 269,942	$ 411,712		$ 19,809

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 29,663	$ 7,139
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Provision for credit losses	0	14,000
Depreciation and amortization, premises and equipment	2,408	2,224
Amortization of premiums and discounts: AFS securities, deposits, debt	1,234	2,958
Operating leases: excess of payments over amortization	(990)	(1,063)
Amortization of finance leases	269	374
Amortization of core deposit intangibles	294	345
Amortization of deferred loan fees and costs	(818)	635
Share-based compensation expense	810	477
Lease impairment costs	194	645
Deferred income tax expense (benefit)	4,448	(7,031)
Origination of LHFS	(734,572)	(378,996)
Proceeds from sale of LHFS	719,448	358,839
Net fair value adjustment and gain on sale of LHFS	(12,799)	(10,430)
Origination of MSRs	(11,126)	(4,119)
Net gain on sale of LHFI	(2,795)	(1,864)
Change in fair value of mortgage servicing rights	(5,770)	20,338
Amortization of MSRs	1,344	1,475
(Increase) decrease in other assets	11,519	(17,064)
Increase (decrease) in accounts payable and other liabilities	(4,942)	(2,920)
Net cash provided by (used in) operating activities	(2,181)	(14,038)
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of investment securities	(49,433)	(166,533)
Proceeds from sale of investment securities	0	33,792
Principal payments on investment securities	55,863	34,605
Proceeds from sale of LHFI	132,694	244,725
Net cash provided by disposal of discontinued operations	0	1,464
Net increase in LHFI	(176,655)	(98,023)
Purchase of premises and equipment	(531)	(1,002)
Proceeds from sale Federal Home Loan Bank stock	53,880	57,877
Purchases of Federal Home Loan Bank stock	(43,412)	(62,273)
Net cash provided by (used in) investing activities	(27,594)	44,632
CASH FLOWS FROM FINANCING ACTIVITIES:
Increase (decrease) in deposits, net	309,634	(82,936)
Changes in short term borrowings, net	(238,300)	87,000
Repayment of finance lease principal	(235)	(285)
Repurchases of common stock	(25,001)	(16,476)
Proceeds from exercise of stock options	263	238
Dividends paid on common stock	(5,534)	(3,574)
Net cash provided by (used in) financing activities	40,827	(16,033)
Net increase in cash and cash equivalents	11,052	14,561
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents [Abstract]
Cash and cash equivalents, beginning of year	58,049	57,880
Cash and cash equivalents, end of period	69,101	72,441
Cash paid during the period for:
Interest	4,291	17,876
Federal and state income taxes	50	0
Non-cash activities:
Increase in lease assets and lease liabilities	283	352
Loans transferred from LHFI to LHFS	131,081	120,530
Loans transferred from LHFS to LHFI	863	2,087
Ginnie Mae loans derecognized with the right to repurchase, net	19,576	298
Repurchase of common stock-award settlement	$ 2,526	$ 256

Consolidated Statements of Sh_2

Consolidated Statements of Shareholders' Equity (Unaudited) (Parenthetical) - $ / shares	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Statement of Stockholders' Equity [Abstract]
Dividends declared on common stock (USD per share)	$ 0.25	$ 0.15

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	3 Months Ended
	Mar. 31, 2021
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: HomeStreet, Inc., a State of Washington corporation organized in 1921 (the "Corporation"), is a Washington-based diversified financial services holding company whose operations are primarily conducted through its wholly owned subsidiaries (collectively the "Company") HomeStreet Capital Corporation, HomeStreet Statutory Trusts and HomeStreet Bank (the "Bank"), and the Bank's subsidiaries, HomeStreet Reinsurance, Ltd., Continental Escrow Company, HomeStreet Foundation, HS Properties, Inc., HS Evergreen Corporate Center LLC, and Union Street Holdings LLC. The Company is principally engaged in commercial banking, mortgage banking and consumer/retail banking activities serving customers primarily in the Western United States. The accompanying consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America ("GAAP"). The consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries. All significant inter-company accounts and transactions have been eliminated in consolidation. In preparing the consolidated financial statements, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the of the financial statements, as well as the reported amounts of revenues and expenses during the reporting periods. Actual results could differ significantly from those estimates. Certain amounts in the financial statements from prior periods have been reclassified to conform to the current financial statement presentation. Immaterial Restatement: Subsequent to issuance of the June 30, 2020 financial statements, management concluded that purchases of and proceeds from the sale of Federal Home Loan Bank stock were incorrectly classified as financing activities, rather than investing activities, in the consolidated statements of cash flows. To correct this classification error, amounts previously reported for the purchases of and proceeds from the sale of Federal Home Loan Bank stock for the quarter ended March 31, 2020 as financing activities are reported as investing activities in the consolidated statement of cash flows. These unaudited interim financial statements reflect all adjustments that are, in the opinion of management, necessary for a fair statement of the results of the periods presented. These adjustments are of a normal recurring nature, unless otherwise disclosed in this Quarterly Report on Form 10-Q. The results of operations in the interim financial statements do not necessarily indicate the results that may be expected for the full year. The interim financial information should be read in conjunction with our Annual Report on Form 10-K for the year ended December 31, 2020, filed with the Securities and Exchange Commission ("2020 Annual Report on Form 10-K"). Recent Accounting Developments In December 2019, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2019-12, “Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes” (“ASU 2019-12”). ASU 2019-12 removes certain exceptions to the general principles in Topic 740 in GAAP. ASU 2019-12 is effective for public entities for fiscal years beginning after December 15, 2020, with early adoption permitted. The Company adopted this ASU on January 1, 2021 and it did not have a material effect on the Company’s financial position, results of operations or financial statement disclosures.

INVESTMENT SECURITIES

INVESTMENT SECURITIES	3 Months Ended
	Mar. 31, 2021
Investments, Debt and Equity Securities [Abstract]
INVESTMENT SECURITIES	INVESTMENT SECURITIES: The following table sets forth certain information regarding the amortized cost basis and fair values of our investment securities AFS and held-to-maturity ("HTM"). At March 31, 2021 (in thousands) Amortized Gross Gross Fair AFS Mortgage backed securities ("MBS"): Residential $ 42,819 $ 803 $ (384) $ 43,238 Commercial 42,198 1,109 (282) 43,025 Collateralized mortgage obligations ("CMOs"): Residential 227,257 4,871 (1,630) 230,498 Commercial 150,775 2,217 (841) 152,151 Municipal bonds 542,608 21,345 (2,942) 561,011 Corporate debt securities 14,129 807 — 14,936 Total $ 1,019,786 $ 31,152 $ (6,079) $ 1,044,859 HTM Municipal bonds $ 4,246 $ 185 $ — $ 4,431 At December 31, 2020 (in thousands) Amortized Gross Gross Fair AFS MBS: Residential $ 50,001 $ 1,237 $ (192) $ 51,046 Commercial 43,061 2,131 (8) 45,184 CMOs: Residential 228,685 6,319 (95) 234,909 Commercial 155,645 3,719 (181) 159,183 Municipal bonds 533,719 31,321 (337) 564,703 Corporate debt securities 14,381 841 — 15,222 Agency debentures 1,846 — — 1,846 Total $ 1,027,338 $ 45,568 $ (813) $ 1,072,093 HTM Municipal bonds $ 4,271 $ 236 $ — $ 4,507 MBS and CMOs represent securities issued by government sponsored enterprises ("GSEs"). Most of the MBS and CMO securities in our investment portfolio are guaranteed by Fannie Mae, Ginnie Mae or Freddie Mac. Municipal bonds are comprised of general obligation bonds (i.e., backed by the general credit of the issuer) and revenue bonds (i.e., backed by either collateral or revenues from the specific project being financed) issued by various municipal corporations. As of March 31, 2021 and December 31, 2020, all securities held, including municipal bonds and corporate debt securities, were rated investment grade, based upon external ratings where available and, where not available, based upon internal ratings which correspond to ratings as defined by Standard and Poor's Rating Services or Moody's Investors Services. Investment securities AFS that were in an unrealized loss position are presented in the following tables based on the length of time the individual securities have been in an unrealized loss position. At March 31, 2021 Less than 12 months 12 months or more Total (in thousands) Gross Fair Gross Fair Gross Fair MBS: Residential $ (114) $ 4,725 $ (270) $ 1,325 $ (384) $ 6,050 Commercial (282) 16,968 — — (282) 16,968 CMOs: Residential (1,630) 29,231 — — (1,630) 29,231 Commercial (696) 25,184 (145) 15,355 (841) 40,539 Municipal bonds (2,344) 97,048 (598) 3,333 (2,942) 100,381 Total $ (5,066) $ 173,156 $ (1,013) $ 20,013 $ (6,079) $ 193,169 At December 31, 2020 Less than 12 months 12 months or more Total (in thousands) Gross Fair Gross Fair Gross Fair MBS: Residential $ (7) $ 1,196 $ (185) $ 1,432 (192) $ 2,628 Commercial (8) 925 — — (8) 925 CMOs: Residential (95) 7,391 — — (95) 7,391 Commercial (39) 6,687 (142) 15,358 (181) 22,045 Municipal bonds (337) 10,512 — — (337) 10,512 Total $ (486) $ 26,711 $ (327) $ 16,790 $ (813) $ 43,501 There were no HTM securities in an unrealized loss position at March 31, 2021 or December 31, 2020. The Company has evaluated AFS securities that are in an unrealized loss position and has determined that the decline in value is temporary and is related to the change in market interest rates since purchase. The decline in value is not related to any issuer- or industry-specific credit event. The Company has not identified any expected credit losses on its debt securities as of March 31, 2021 or December 31, 2020. In addition, as of March 31, 2021 and December 31, 2020, the Company had not made a decision to sell any of its debt securities held, nor did the Company consider it more likely than not that it would be required to sell such securities before recovery of their amortized cost basis. The following tables present the fair value of investment securities AFS and HTM by contractual maturity along with the associated contractual yield for the periods indicated below. The weighted-average yield is computed using the contractual coupon of each security weighted based on the fair value of each security and does not include adjustments to a tax equivalent basis. At March 31, 2021 Within one year After one year After five years After Total (dollars in thousands) Fair Weighted Fair Weighted Fair Weighted Fair Weighted Fair Weighted AFS Municipal bonds $ 1,735 4.57 % $ 14,787 3.79 % $ 58,652 3.20 % $ 485,837 3.24 % $ 561,011 3.26 % Corporate debt securities — — % 7,004 3.74 % 7,932 4.78 % — — % 14,936 4.30 % Total $ 1,735 4.57 % $ 21,791 3.77 % $ 66,584 3.39 % $ 485,837 3.24 % $ 575,947 3.28 % HTM Municipal bonds $ — — % $ 4,431 2.44 % $ — — % $ — — % $ 4,431 2.44 % At December 31, 2020 Within one year After one year After five years After Total (dollars in thousands) Fair Weighted Fair Weighted Fair Weighted Fair Weighted Fair Weighted AFS Municipal bonds $ 4,024 3.19 % $ 14,978 3.82 % $ 59,496 3.26 % $ 486,205 3.29 % $ 564,703 3.30 % Corporate debt securities 183 4.27 % 7,059 3.74 % 7,980 4.78 % — — % 15,222 4.30 % Agency debentures — — % — — % — — % 1,846 2.68 % 1,846 2.68 % Total $ 4,207 3.24 % $ 22,037 3.80 % $ 67,476 3.45 % $ 488,051 3.29 % $ 581,771 3.33 % HTM Municipal bonds $ — — % $ 4,507 2.47 % $ — — % $ — — % $ 4,507 2.47 % MBS and CMOs are excluded from the tables above because such securities are not due on a single maturity date. The weighted average yield of MBS and CMOs as of March 31, 2021 and December 31, 2020 was 1.86% and 1.92%, respectively. Sales of investment securities was as follows for the period indicated: Quarter Ended March 31, (in thousands) 2020 Proceeds $ 33,792 Gross gains 745 Gross losses (633) The following table summarizes the carrying value of securities pledged as collateral to secure public deposits, borrowings and other purposes as permitted or required by law: (in thousands) At March 31, At December 31, Washington, Oregon and California State to secure public deposits $ 163,248 $ 171,471 Other securities pledged 3,257 3,391 Total securities pledged as collateral $ 166,505 $ 174,862 The Company assesses the creditworthiness of the counterparties that hold the pledged collateral and has determined that these arrangements have little credit risk. There were no securities pledged under repurchase agreements at March 31, 2021 and December 31, 2020. Tax-exempt interest income on investment securities was $2.4 million and $2.3 million for the quarters ended March 31, 2021 and 2020, respectively.

LOANS AND CREDIT QUALITY

LOANS AND CREDIT QUALITY	3 Months Ended
	Mar. 31, 2021
Receivables [Abstract]
LOANS AND CREDIT QUALITY	LOANS AND CREDIT QUALITY: The Company's LHFI is divided into two portfolio segments, consumer loans and commercial loans. Within each portfolio segment, the Company monitors and assesses credit risk based on the risk characteristics of each of the following loan classes: single family and home equity and other loans within the consumer loan portfolio segment and non-owner occupied commercial real estate, multifamily, construction and land development, owner occupied commercial real estate and commercial business loans within the commercial loan portfolio segment. LHFI consist of the following: (in thousands) At March 31, At December 31, Commercial real estate loans Non-owner occupied commercial real estate $ 766,002 $ 829,538 Multifamily 1,521,349 1,428,092 Construction/land development 532,202 553,695 Total 2,819,553 2,811,325 Commercial and industrial loans Owner occupied commercial real estate 473,273 467,256 Commercial business 757,231 645,723 Total 1,230,504 1,112,979 Consumer loans Single family (1) 875,417 915,123 Home equity and other 366,300 404,753 Total 1,241,717 1,319,876 Total LHFI 5,291,774 5,244,180 Allowance for credit losses ("ACL") (64,047) (64,294) Total LHFI less ACL $ 5,227,727 $ 5,179,886 (1) Includes $4.3 million and $7.1 million at March 31, 2021 and December 31, 2020, respectively, of loans where a fair value option election was made at the time of origination and, therefore, are carried at fair value with changes recognized in the consolidated income statements. Loans totaling $1.5 billion and $1.4 billion at March 31, 2021 and December 31, 2020, respectively, were pledged to secure borrowings from the Federal Home Loan Bank ("FHLB") and loans totaling $576 million and $569 million at March 31, 2021 and December 31, 2020, respectively, were pledged to secure borrowings from the Federal Reserve Bank. Credit Risk Concentrations Concentrations of credit risk arise when a number of customers are engaged in similar business activities or activities in the same geographic region, or when they have similar economic features that would cause their ability to meet contractual obligations to be similarly affected by changes in economic conditions. LHFI are primarily secured by real estate located in the Pacific Northwest, California and Hawaii. At March 31, 2021 and December 31, 2020, multifamily loans in the state of California represented 20.2% and 18.5% of the total portfolio, respectively. Credit Quality Management considers the level of ACL to be appropriate to cover credit losses expected over the life of the loans for the LHFI portfolio as of March 31, 2021. The cumulative loss rate used as the basis for the estimate of credit losses is comprised of the Bank’s historical loss experience and eight qualitative factors for current and forecasted periods. During the quarter ended March 31, 2020, the qualitative factors increased significantly due to the forecasted impacts of the COVID-19 pandemic. As of March 31, 2021, the Bank expects that the markets in which it operates will have deterioration in collateral values and economic outlook over the two-year forecast period, with negative risk factors peaking in the first year and modestly improving in the second year. In addition to the ACL for LHFI, the Company maintains a separate allowance for unfunded loan commitments which is included in accounts payable and other liabilities on our consolidated balance sheets. The allowance for unfunded commitments was $2.0 million and $1.6 million at March 31, 2021 and December 31, 2020, respectively. The Bank has elected to exclude accrued interest receivable from the evaluation of the ACL. Accrued interest on LHFI was $21.1 million and $21.2 million at March 31, 2021 and December 31, 2020, respectively, and was reported in other assets in the consolidated balance sheets. Activity in the ACL for LHFI and the allowance for unfunded commitments was as follows: Quarter Ended March 31, (in thousands) 2021 2020 Beginning balance $ 64,294 $ 41,772 Provision for credit losses (371) 14,655 Net (charge-offs) recoveries 124 29 Impact of ASC 326 adoption — 1,843 Ending balance $ 64,047 $ 58,299 Allowance for unfunded commitments: Beginning balance $ 1,588 $ 1,065 Provision for credit losses 371 (655) Impact of ASC 326 adoption — 1,897 Ending balance $ 1,959 $ 2,307 Provision for credit losses: Allowance for credit losses - loans $ (371) $ 14,655 Allowance for unfunded commitments 371 (655) Total $ — $ 14,000 Activity in the ACL for LHFI by loan portfolio and loan sub-class was as follows: Quarter Ended March 31, 2021 (in thousands) Beginning balance Charge-offs Recoveries Provision Ending balance Commercial real estate loans Non-owner occupied commercial real estate $ 8,845 $ — $ — $ 373 $ 9,218 Multifamily 6,072 — — 897 6,969 Construction/land development Multifamily construction 4,903 — — (967) 3,936 Commercial real estate construction 1,670 — — 238 1,908 Single family construction 5,130 — — (123) 5,007 Single family construction to permanent 1,315 — — (191) 1,124 Total 27,935 — — 227 28,162 Commercial and industrial loans Owner occupied commercial real estate 4,994 — — 272 5,266 Commercial business 17,043 — 74 (12) 17,105 Total 22,037 — 74 260 22,371 Consumer loans Single family 6,906 (70) 120 (221) 6,735 Home equity and other 7,416 (56) 56 (637) 6,779 Total 14,322 (126) 176 (858) 13,514 Total ACL $ 64,294 $ (126) $ 250 $ (371) $ 64,047 Quarter Ended March 31, 2020 (in thousands) Prior to adoption of ASC 326 Impact of ASC 326 adoption Charge-offs Recoveries Provision Ending Commercial real estate loans Non-owner occupied commercial real estate $ 7,245 $ (3,392) $ — $ — $ 5,168 $ 9,021 Multifamily 7,015 (2,977) — — 227 4,265 Construction/land development Multifamily construction 2,848 693 — — (323) 3,218 Commercial real estate construction 624 (115) — — (127) 382 Single family construction 3,800 4,280 — 163 (1,658) 6,585 Single family construction to permanent 1,003 200 — — 309 1,512 Total 22,535 (1,311) — 163 3,596 24,983 Commercial and industrial loans Owner occupied commercial real estate 3,639 (2,459) — — 2,980 4,160 Commercial business 2,915 510 (143) 24 4,855 8,161 Total 6,554 (1,949) (143) 24 7,835 12,321 Consumer loans Single family 6,450 468 — 53 1,616 8,587 Home equity and other 6,233 4,635 (217) 149 1,608 12,408 Total 12,683 5,103 (217) 202 3,224 20,995 Total ACL $ 41,772 $ 1,843 $ (360) $ 389 $ 14,655 $ 58,299 The following table presents a vintage analysis of the commercial portfolio segment by loan sub-class, risk rating and delinquency status. At March 31, 2021 (in thousands) 2021 2020 2019 2018 2017 2016 and prior Revolving Revolving-term Total COMMERCIAL PORTFOLIO Non-owner occupied commercial real estate 1-6 Pass $ 8,218 $ 51,510 $ 175,601 $ 142,870 $ 125,194 $ 258,427 $ 956 $ 986 $ 763,762 7- Special Mention — — — — — 2,240 — — 2,240 8 - Substandard — — — — — — — — — Total 8,218 51,510 175,601 142,870 125,194 260,667 956 986 766,002 Multifamily 1-6 Pass 284,229 592,391 303,960 72,892 30,232 233,376 100 — 1,517,180 7- Special Mention — 4,169 — — — — — — 4,169 8 - Substandard — — — — — — — — — Total 284,229 596,560 303,960 72,892 30,232 233,376 100 — 1,521,349 Multifamily construction 1-6 Pass — 16,233 17,650 45,502 — — — — 79,385 7- Special Mention — — — — — 27,395 — — 27,395 8 - Substandard — — — — — — — — — Total — 16,233 17,650 45,502 — 27,395 — — 106,780 Commercial real estate construction 1-6 Pass — 3,962 — 2,069 15,527 583 6,469 — 28,610 7- Special Mention — — — — — — — — — 8 - Substandard — — — — — — — — — Total — 3,962 — 2,069 15,527 583 6,469 — 28,610 Single family construction 1-6 Pass 48,025 92,914 41,299 9,255 — 79 77,929 — 269,501 7- Special Mention — — — — — — — — — 8 - Substandard — — — — — — — — — Total 48,025 92,914 41,299 9,255 — 79 77,929 — 269,501 Single family construction to permanent Current 11,230 63,159 46,239 5,995 688 — — — 127,311 Past due: 30-59 days — — — — — — — — — 60-89 days — — — — — — — — — 90+ days — — — — — — — — — Total 11,230 63,159 46,239 5,995 688 — — — 127,311 Owner occupied commercial real estate 1-6 Pass 31,113 50,309 60,212 56,448 80,832 130,457 (2) 4,298 413,667 7- Special Mention — — — 2,241 6,066 409 — 67 8,783 8 - Substandard — — 19,145 1,111 10,697 19,870 — — 50,823 Total 31,113 50,309 79,357 59,800 97,595 150,736 (2) 4,365 473,273 Commercial business 1-6 Pass 138,740 326,005 54,143 42,042 20,677 30,725 92,346 2,351 707,029 7- Special Mention — — 9,936 1,647 6,385 — 1,507 158 19,633 8 - Substandard — — 6,495 9,891 2,113 2,909 9,049 112 30,569 Total 138,740 326,005 70,574 53,580 29,175 33,634 102,902 2,621 757,231 Total commercial portfolio $ 521,555 $ 1,200,652 $ 734,680 $ 391,963 $ 298,411 $ 706,470 $ 188,354 $ 7,972 $ 4,050,057 The following table presents a vintage analysis of the consumer portfolio segment by loan sub-class and delinquency status. At March 31, 2021 (in thousands) 2021 2020 2019 2018 2017 2016 and prior Revolving Revolving-term Total CONSUMER PORTFOLIO Single family Current $ 35,295 $ 172,695 $ 111,355 $ 142,166 $ 137,942 $ 270,902 $ — $ — $ 870,355 Past due: 30-59 days — — — — — 532 532 60-89 days — — — — 317 327 — — 644 90+ days — 823 1,251 857 386 569 — — 3,886 Total (1) 35,295 173,518 112,606 143,023 138,645 272,330 — — 875,417 Home equity and other Current 599 1,351 937 955 752 4,684 347,690 7,634 364,602 Past due: 30-59 days — — 1 2 — 2 199 8 212 60-89 days — 1 11 — — — — — 12 90+ days — — 2 — — 54 1,418 — 1,474 Total 599 1,352 951 957 752 4,740 349,307 7,642 366,300 Total consumer portfolio $ 35,894 $ 174,870 $ 113,557 $ 143,980 $ 139,397 $ 277,070 $ 349,307 $ 7,642 $ 1,241,717 Total LHFI $ 557,449 $ 1,375,522 $ 848,237 $ 535,943 $ 437,808 $ 983,540 $ 537,661 $ 15,614 $ 5,291,774 (1) Includes $4.3 million of loans where a fair value option election was made at the time of origination and, therefore, are carried at fair value with changes recognized in the consolidated income statements. The following tables present a vintage analysis of year to date charge-offs and year to date recoveries of the commercial portfolio and consumer portfolio segment by loan sub-class. At March 31, 2021 (in thousands) 2021 2020 2019 2018 2017 2016 and prior Revolving Revolving-term Total COMMERCIAL PORTFOLIO Commercial business Charge-offs $ — $ — $ — $ — $ — $ — $ — $ — $ — Recoveries — — — — — 74 — — 74 Net — — — — — 74 — — 74 Commercial portfolio Charge-offs — — — — — — — — — Recoveries — — — — — 74 — — 74 Total net $ — $ — $ — $ — $ — $ 74 $ — $ — $ 74 At March 31, 2021 (in thousands) 2021 2020 2019 2018 2017 2016 and prior Revolving Revolving-term Total CONSUMER PORTFOLIO Single family Charge-offs $ — $ — $ — $ (38) $ (24) $ (8) $ — $ — $ (70) Recoveries — — — — — 120 — — 120 Net — — — (38) (24) 112 — — 50 Home equity and other Charge-offs — (1) (16) — (39) — (56) Recoveries — — 4 2 — 36 14 — 56 Net — (1) (12) 2 — 36 (25) — — Consumer Portfolio Charge-offs — (1) (16) (38) (24) (8) (39) — (126) Recoveries — — 4 2 — 156 14 — 176 Total net $ — $ (1) $ (12) $ (36) $ (24) $ 148 $ (25) $ — $ 50 All loans Charge-offs — (1) (16) (38) (24) (8) (39) — (126) Recoveries — — 4 2 — 230 14 — 250 Total net $ — $ (1) $ (12) $ (36) $ (24) $ 222 $ (25) $ — $ 124 Collateral Dependent Loans The following table presents the amortized cost basis of collateral-dependent loans by loan sub-class and collateral type. At March 31, 2021 (in thousands) Land 1-4 Family Multifamily Non-residential real estate Other non-real estate Total Commercial and industrial loans Owner occupied commercial real estate $ 1,789 $ — $ — $ 3,123 $ — $ 4,912 Commercial business 1,787 545 — — 2,562 4,894 Total 3,576 545 — 3,123 2,562 9,806 Consumer loans Single family — 2,453 — — — 2,453 Home equity loans and other — 897 — — — 897 Total — 3,350 — — — 3,350 Total collateral-dependent loans $ 3,576 $ 3,895 $ — $ 3,123 $ 2,562 $ 13,156 Nonaccrual and Past Due Loans The following table presents nonaccrual status for loans as of the dates indicated. At March 31, 2021 At December 31, 2020 (in thousands) Nonaccrual with no related ACL Total Nonaccrual Nonaccrual with no related ACL Total Nonaccrual Commercial and industrial loans Owner occupied commercial real estate $ 4,913 $ 4,913 $ 4,922 $ 4,922 Commercial business 3,100 9,224 3,100 9,183 Total 8,013 14,137 8,022 14,105 Consumer loans Single family $ 2,300 $ 5,583 $ 2,173 $ 4,883 Home equity and other 899 1,821 2 1,734 Total 3,199 7,404 2,175 6,617 Total nonaccrual loans $ 11,212 $ 21,541 $ 10,197 $ 20,722 The following tables present an aging analysis of past due loans by loan portfolio segment and loan sub-class. At March 31, 2021 Past Due and Still Accruing (in thousands) 30-59 days 60-89 days 90 days or Nonaccrual Total past due and nonaccrual (3) Current Total Commercial real estate loans Non-owner occupied commercial real estate $ — $ — $ — $ — $ — $ 766,002 $ 766,002 Multifamily — — — — — 1,521,349 1,521,349 Construction/land development Multifamily construction — — — — — 106,780 106,780 Commercial real estate construction — — — — — 28,610 28,610 Single family construction — — — — — 269,501 269,501 Single family construction to permanent — — — — — 127,311 127,311 Total — — — — — 2,819,553 2,819,553 Commercial and industrial loans Owner occupied commercial real estate — — — 4,913 4,913 468,360 473,273 Commercial business — — — 9,224 9,224 748,007 757,231 Total — — — 14,137 14,137 1,216,367 1,230,504 Consumer loans Single family 653 1,153 10,676 (2) 5,583 18,065 857,352 875,417 (1) Home equity and other 205 3 — 1,821 2,029 364,271 366,300 Total 858 1,156 10,676 7,404 20,094 1,221,623 1,241,717 Total loans $ 858 $ 1,156 $ 10,676 $ 21,541 $ 34,231 $ 5,257,543 $ 5,291,774 % 0.02 % 0.02 % 0.20 % 0.41 % 0.65 % 99.35 % 100.00 % At December 31, 2020 Past Due and Still Accruing (in thousands) 30-59 days 60-89 days 90 days or Nonaccrual Total past due and nonaccrual (3) Current Total Commercial real estate loans Non-owner occupied commercial real estate $ — $ — $ — $ — $ — $ 829,538 $ 829,538 Multifamily — — — — — 1,428,092 1,428,092 Construction and land development Multifamily construction 115,329 115,329 Commercial real estate construction — — — — — 27,285 27,285 Single family construction — — — — — 259,170 259,170 Single family construction to permanent — — — — — 151,911 151,911 Total — — — — — 2,811,325 2,811,325 Commercial and industrial loans Owner occupied commercial real estate — — — 4,922 4,922 462,334 467,256 Commercial business — — — 9,183 9,183 636,540 645,723 Total — — — 14,105 14,105 1,098,874 1,112,979 Consumer loans Single family 2,161 418 11,476 (2) 4,883 18,938 896,185 915,123 (1) Home equity and other 228 135 — 1,734 2,097 402,656 404,753 Total 2,389 553 11,476 6,617 21,035 1,298,841 1,319,876 Total loans $ 2,389 $ 553 $ 11,476 $ 20,722 $ 35,140 $ 5,209,040 $ 5,244,180 % 0.05 % 0.01 % 0.22 % 0.40 % 0.67 % 99.33 % 100.00 % (1) Includes $4.3 million and $7.1 million of loans at March 31, 2021 and December 31, 2020, respectively, where a fair value option election was made at the time of origination and, therefore, are carried at fair value with changes recognized in our consolidated income statements. (2) FHA-insured and VA-guaranteed single family loans that are 90 days or more past due are maintained on accrual status if they are determined to have little to no risk of loss. (3) Includes loans whose repayments are insured by the FHA or guaranteed by the VA or SBA of $13.5 million and $14.7 million at March 31, 2021 and December 31, 2020, respectively. The following tables present information about troubled debt restructuring ("TDR") activity during the periods indicated. Quarter Ended March 31, 2021 (dollars in thousands) Number of loan Recorded Related charge- Consumer loans Single family Interest rate reduction 2 $ 508 $ — Total consumer Interest rate reduction 2 508 — Total 2 508 — Total loans Interest rate reduction 2 508 — Total 2 $ 508 $ — Quarter Ended March 31, 2020 (dollars in thousands) Number of loan Recorded Related charge- Commercial and industrial loans Owner occupied commercial real estate Payment restructure 1 $ 678 $ — Commercial business Payment restructure 1 1,125 — Total commercial and industrial Payment restructure 2 1,803 — Total 2 1,803 — Consumer loans Single family Interest rate reduction 11 2,213 — Payment restructure 3 454 — Total consumer Interest rate reduction 11 2,213 — Payment restructure 3 454 — Total 14 2,667 — Total loans Interest rate reduction 11 2,213 — Payment restructure 5 2,257 — Total 16 $ 4,470 $ — The following table presents loans that were modified as TDRs within the previous 12 months and subsequently re-defaulted during the quarter ended March 31, 2021 and 2020, respectively. A TDR loan is considered re-defaulted when it becomes doubtful that the objectives of the modifications will be met, generally when a consumer loan TDR becomes 60 days or more past due on principal or interest payments or when a commercial loan TDR becomes 90 days or more past due on principal or interest payments. Quarter Ended March 31, 2021 2020 (dollars in thousands) Number of loan relationships that re-defaulted Recorded Number of loan relationships that re-defaulted Recorded Commercial loans - Owner occupied commercial real estate 1 $ 678 — $ — Consumer loans - single family 4 1,219 6 1,281 Total 5 $ 1,897 6 $ 1,281 The CARES Act provides temporary relief from the accounting and disclosure requirements for TDRs for certain loan modifications that are the result of a hardship that is related, either directly or indirectly, to the COVID-19 pandemic. In addition, interagency guidance issued by federal banking regulators and endorsed by the FASB staff has indicated that borrowers who receive relief are not experiencing financial difficulty if they meet the following qualifying criteria: • The modification is in response to the National Emergency related to the COVID pandemic; • The borrower was current at the time the modification program was implemented; and • The modification is short-term We have elected to apply temporary relief under Section 4013 of the CARES Act to certain eligible short-term modifications and will not treat qualifying loan modifications as TDRs for accounting or disclosure purposes. Additionally, eligible short-term loan modifications subject to the practical expedient in the interagency guidance will not be treated as TDRs for accounting or disclosure purposes if they qualify.

DEPOSITS

DEPOSITS	3 Months Ended
	Mar. 31, 2021
Deposits Liabilities, Balance Sheet, Reported Amounts [Abstract]
DEPOSITS	DEPOSITS: Deposit balances, including stated rates, were as follows: (in thousands) At March 31, Weighted Average Rate At December 31, Weighted Average Rate Noninterest-bearing demand deposits $ 1,441,716 — % $ 1,337,010 — % Interest-bearing demand deposits 557,900 0.10 % 484,265 0.10 % Savings 287,028 0.07 % 264,024 0.07 % Money market 2,665,875 0.18 % 2,596,453 0.21 % Certificates of deposit 1,178,714 0.64 % 1,139,807 0.93 % Total $ 6,131,233 0.21 % $ 5,821,559 0.29 % Certificates of deposit outstanding mature as follows: (in thousands) At March 31, Within one year $ 926,062 One to two years 220,423 Two to three years 14,734 Three to four years 13,093 Four to five years 4,098 Thereafter 304 Total $ 1,178,714

DERIVATIVES AND HEDGING ACTIVIT

DERIVATIVES AND HEDGING ACTIVITIES	3 Months Ended
	Mar. 31, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]
DERIVATIVES AND HEDGING ACTIVITIES	DERIVATIVES AND HEDGING ACTIVITIES: To reduce the risk of significant interest rate fluctuations on the value of certain assets and liabilities, such as single family mortgage LHFS and MSRs, the Company utilizes derivatives as economic hedges. The notional amounts and fair values for derivatives, which are included in other assets or accounts payable and other liabilities on the consolidated balance sheet, consist of the following: At March 31, 2021 Notional amount Fair value derivatives (in thousands) Asset Liability Forward sale commitments $ 1,542,507 $ 13,509 $ (6,215) Interest rate lock commitments 401,181 6,686 (198) Interest rate swaps 495,990 8,182 (16,784) Eurodollar futures 492,000 6 — Total derivatives before netting $ 2,931,678 28,383 (23,197) Netting adjustment/Cash collateral (1) (9,611) 19,596 Carrying value on consolidated balance sheet $ 18,772 $ (3,601) At December 31, 2020 Notional amount Fair value derivatives (in thousands) Asset Liability Forward sale commitments $ 977,974 $ 1,035 $ (3,714) Interest rate lock commitments 493,873 17,395 (3) Interest rate swaps 536,969 17,459 (20,511) Eurodollar futures 314,000 — (4) Total derivatives before netting $ 2,322,816 35,889 (24,232) Netting adjustment/Cash collateral (1) (8,250) 21,447 Carrying value on consolidated balance sheet $ 27,639 $ (2,785) (1) Includes net cash collateral paid of $10.0 million and $13.2 million at March 31, 2021 and December 31, 2020, respectively. The following tables present gross fair value and net carrying value information about derivative instruments. (in thousands) Gross fair value Netting adjustments/ Cash collateral (1) Carrying value At March 31, 2021 Derivative assets $ 28,383 $ (9,611) $ 18,772 Derivative liabilities (23,197) 19,596 (3,601) At December 31, 2020 Derivative assets $ 35,889 $ (8,250) $ 27,639 Derivative liabilities (24,232) 21,447 (2,785) (1) Includes net cash collateral paid of $10.0 million and $13.2 million at March 31, 2021 and December 31, 2020, respectively. The collateral used under the Company's master netting agreements is typically cash, but securities may be used under agreements with certain counterparties. Receivables related to cash collateral that has been paid to counterparties is included in other assets. Payables related to cash collateral that has been received from counterparties is included in accounts payable and other liabilities. Interest is owed on amounts received from counterparties and we earn interest on cash paid to counterparties. Any securities pledged to counterparties as collateral remain on the consolidated balance sheets. At March 31, 2021 and December 31, 2020, the Company had liabilities of $3.8 million and $3.3 million, respectively, in cash collateral received from counterparties and receivables of $13.8 million and $16.5 million, respectively, in cash collateral paid to counterparties. The following table presents the net gain (loss) recognized on economic hedge derivatives, within the respective line items in the consolidated income statements for the periods indicated. Quarter Ended March 31, (in thousands) 2021 2020 Recognized in noninterest income: Net gain (loss) on loan origination and sale activities (1) $ 3,858 $ 5,140 Loan servicing income (loss) (2) (12,591) 19,921 Other (3) 299 (494) (1) Comprised of IRLCs and forward contracts used as an economic hedge of single family mortgage loans held for sale. (2) Comprised of interest rate swaps, interest rate swaptions, futures and forward contracts used as economic hedges of single family MSRs. (3) Comprised of interest rate swaps used as economic hedges of loans held for investment.

MORTGAGE BANKING OPERATIONS

MORTGAGE BANKING OPERATIONS	3 Months Ended
	Mar. 31, 2021
Mortgage Banking [Abstract]
MORTGAGE BANKING OPERATIONS	MORTGAGE BANKING OPERATIONS: LHFS consisted of the following. (in thousands) At March 31, 2021 At December 31, 2020 Single family $ 241,600 $ 194,643 Commercial real estate, multifamily and SBA 148,623 167,289 Total $ 390,223 $ 361,932 Loans sold consisted of the following for the periods indicated: Quarter Ended March 31, (in thousands) 2021 2020 Single family $ 573,040 $ 309,853 Commercial real estate, multifamily and SBA 257,717 282,457 Total $ 830,757 $ 592,310 Gain on loan origination and sale activities, including the effects of derivative risk management instruments, consisted of the following. Quarter Ended March 31, (in thousands) 2021 2020 Single family $ 26,187 $ 17,831 Commercial real estate, multifamily and SBA 7,272 4,710 Total $ 33,459 $ 22,541 The Company's portfolio of loans serviced for others is primarily comprised of loans held in U.S. government and agency MBS issued by Fannie Mae, Freddie Mac and Ginnie Mae. The unpaid principal balance of loans serviced for others is as follows: (in thousands) At March 31, At December 31, Single family $ 5,691,682 $ 5,914,592 Commercial real estate, multifamily and SBA 1,962,005 1,844,241 Total $ 7,653,687 $ 7,758,833 The Company has made representations and warranties that the loans sold meet certain requirements. The Company may be required to repurchase mortgage loans or indemnify loan purchasers due to defects in the origination process of the loan, such as documentation errors, underwriting errors and judgments, appraisal errors, early payment defaults and fraud. The following is a summary of changes in the Company's liability for estimated mortgage repurchase losses. Quarter Ended March 31, (in thousands) 2021 2020 Balance, beginning of period $ 2,122 $ 2,871 Additions, net of adjustments (1) (20) (316) Realized losses (2) (161) (73) Balance, end of period $ 1,941 $ 2,482 (1) Includes additions for new loan sales and changes in estimated probable future repurchase losses on previously sold loans. (2) Includes principal losses and accrued interest on repurchased loans, "make-whole" settlements, settlements with claimants and certain related expenses. The Company has agreements with certain investors to advance scheduled principal and interest amounts on delinquent loans. Advances are also made to fund the foreclosure and collection costs of delinquent loans prior to the recovery of reimbursable amounts from investors or borrowers. Advances of $3.0 million were recorded in other assets as of both March 31, 2021 and December 31, 2020. When the Company has the unilateral right to repurchase Ginnie Mae pool loans it has previously sold (generally loans that are more than 90 days past due), the Company records the balance of the loans as other assets and other liabilities. At March 31, 2021 and December 31, 2020, delinquent or defaulted mortgage loans currently in Ginnie Mae pools that the Company has recognized on its consolidated balance sheets totaled $82 million and $102 million, respectively. The recognition of previously sold loans does not impact the accounting for the previously recognized MSRs. Revenue from mortgage servicing, including the effects of derivative risk management instruments, consisted of the following. Quarter Ended March 31, (in thousands) 2021 2020 Servicing income, net: Servicing fees and other $ 8,913 $ 7,993 Amortization of single family MSRs (1) (5,693) (3,494) Amortization of multifamily and SBA MSRs (1,344) (1,475) Total 1,876 3,024 Risk management, single family MSRs: Changes in fair value of MSRs due to assumptions (2) 11,463 (16,844) Net gain (loss) from derivative hedging (12,591) 19,921 Total (1,128) 3,077 Loan servicing income $ 748 $ 6,101 (1) Represents changes due to collection/realization of expected cash flows and curtailments. (2) Principally reflects changes in market inputs, which include current market interest rates and prepayment model updates, both of which affect future prepayment speeds and cash flow projections. The changes in single family MSRs measured at fair value are as follows: Quarter Ended March 31, (in thousands) 2021 2020 Beginning balance $ 49,966 $ 68,109 Additions and amortization: Originations 6,616 2,162 Amortization (1) (5,693) (3,494) Net additions and amortization 923 (1,332) Changes in fair value assumptions (2) 11,463 (16,844) Ending balance $ 62,352 $ 49,933 (1) Represents changes due to collection/realization of expected cash flows and curtailments. (2) Principally reflects changes in model assumptions, including prepayment speed assumptions, which are primarily reflected by changes in mortgage interest rates. Key economic assumptions used in measuring the initial fair value of capitalized single family MSRs were as follows: Quarter Ended March 31, (2) (rates per annum) 2021 2020 Constant prepayment rate ("CPR") (1) 8.37 % 15.61 % Discount rate 8.37 % 7.83 % (1) Represents an expected lifetime average CPR used in the model. (2) Based on a weighted average. For single family MSRs, we use a discounted cash flow valuation technique which utilizes CPRs and discount rates as significant unobservable inputs as noted in the table below. At March 31, 2021 At December 31, 2020 Range of Inputs Average (1) Range of Inputs Average (1) CPRs 7.96% - 14.08% 9.96 % 8.13% - 19.70% 12.81 % Discount Rates 7.33% - 13.85% 8.98 % 6.50% - 13.14% 8.27 % (1) Averages of all the inputs within the range. To compute hypothetical sensitivities of the value of our single family MSRs to immediate adverse changes in key assumptions, we computed the impact of changes to CPRs and in discount rates as outlined below: (dollars in thousands) At March 31, 2021 Fair value of single family MSR $ 62,352 Expected weighted-average life (in years) 6.28 CPR Impact on fair value of 25 basis points adverse change in interest rates $ (3,129) Impact on fair value of 50 basis points adverse change in interest rates $ (6,450) Discount rate Impact on fair value of 100 basis points increase $ (3,006) Impact on fair value of 200 basis points increase $ (5,783) The changes in multifamily and SBA MSRs measured at the lower of amortized cost or fair value were as follows: Quarter Ended March 31, (in thousands) 2021 2020 Beginning balance $ 35,774 $ 29,494 Origination 5,196 1,957 Amortization (1,344) (1,331) Ending balance $ 39,626 $ 30,120

GUARANTEES AND MORTGAGE REPURCH

GUARANTEES AND MORTGAGE REPURCHASE LIABILITY	3 Months Ended
	Mar. 31, 2021
Commitments and Contingencies Disclosure [Abstract]
GUARANTEES AND MORTGAGE REPURCHASE LIABILITY	GUARANTEES AND MORTGAGE REPURCHASE LIABILITY: In the ordinary course of business, the Company sells loans through the Fannie Mae Multifamily Delegated Underwriting and Servicing Program ("DUS"®) that are subject to a credit loss sharing arrangement. The Company services the loans for Fannie Mae and shares in the risk of loss with Fannie Mae under the terms of the DUS contracts. Under the DUS program, the Company and Fannie Mae share losses on a pro rata basis, where the Company is responsible for losses incurred up to one-third of principal balance on each loan with two-thirds of the loss covered by Fannie Mae. For loans that have been sold through this program, a liability is recorded for this loss sharing arrangement under the accounting guidance for guarantees. As of March 31, 2021 and December 31, 2020, the total unpaid principal balance of loans sold under this program was $1.9 billion and $1.8 billion, respectively. The Company's reserve liability related to this arrangement totaled $2.7 million and $2.1 million at March 31, 2021 and December 31, 2020, respectively. There were no actual losses incurred under this arrangement during the quarters ended March 31, 2021 and 2020.In the ordinary course of business, the Company sells residential mortgage loans to GSEs and other entities. Under the terms of these sales agreements, the Company has made representations and warranties that the loans sold meet certain requirements. The Company may be required to repurchase mortgage loans or indemnify loan purchasers due to defects in the origination process of the loan, such as documentation errors, underwriting errors and judgments, early payment defaults and fraud. The total unpaid principal balance of loans sold on a servicing-retained basis that were subject to the terms and conditions of these representations and warranties totaled $5.8 billion and $6.0 billion as of March 31, 2021 and December 31, 2020, respectively. At March 31, 2021 and December 31, 2020, the Company had recorded a mortgage repurchase liability for loans sold on a servicing-retained and servicing-released basis, included in accounts payable and other liabilities on the consolidated balance sheets, of $1.9 million and $2.1 million, respectively.

FAIR VALUE MEASUREMENT

FAIR VALUE MEASUREMENT	3 Months Ended
	Mar. 31, 2021
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENT	FAIR VALUE MEASUREMENT: The term "fair value" is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. A fair value measurement assumes that the transaction to sell the asset or transfer the liability occurs in the principal market for the asset or liability or, in the absence of a principal market, the most advantageous market for the asset or liability. The Company's approach is to maximize the use of observable inputs and minimize the use of unobservable inputs when developing fair value measurements. Fair Value Hierarchy A three-level valuation hierarchy has been established under ASC 820 for disclosure of fair value measurements. The valuation hierarchy is based on the observability of inputs to the valuation of an asset or liability as of the measurement date. A financial instrument’s categorization within the valuation hierarchy is based on the lowest level of input that is significant to the fair value measurement. The levels are defined as follows: • Level 1 – Quoted prices (unadjusted) in active markets for identical assets or liabilities that the reporting entity can access at the measurement date. An active market for the asset or liability is a market in which transactions for the asset or liability take place with sufficient frequency and volume to provide pricing information on an ongoing basis. • Level 2 – Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly. This includes quoted prices for similar assets and liabilities in active markets and inputs that are observable for the asset or liability for substantially the full term of the financial instrument. • Level 3 – Unobservable inputs for the asset or liability. These inputs reflect the Company's assumptions of what market participants would use in pricing the asset or liability. The Company's policy regarding transfers between levels of the fair value hierarchy is that all transfers are assumed to occur at the end of the reporting period. Estimation of Fair Value Fair value is based on quoted market prices, when available. In cases where a quoted price for an asset or liability is not available, the Company uses valuation models to estimate fair value. These models incorporate inputs such as forward yield curves, loan prepayment assumptions, expected loss assumptions, market volatilities and pricing spreads utilizing market-based inputs where readily available. The Company believes its valuation methods are appropriate and consistent with those that would be used by other market participants. However, imprecision in estimating unobservable inputs and other factors may result in these fair value measurements not reflecting the amount realized in an actual sale or transfer of the asset or liability in a current market exchange. The following table summarizes the fair value measurement methodologies, including significant inputs and assumptions and classification of the Company's assets and liabilities valued at fair value on a recurring basis. Asset/Liability class Valuation methodology, inputs and assumptions Classification Investment securities Investment securities AFS Observable market prices of identical or similar securities are used where available. Level 2 recurring fair value measurement. If market prices are not readily available, value is based on discounted cash flows using the following significant inputs: • Expected prepayment speeds • Estimated credit losses • Market liquidity adjustments Level 3 recurring fair value measurement. LHFS Single family loans, excluding loans transferred from held for investment Fair value is based on observable market data, including: • Quoted market prices, where available • Dealer quotes for similar loans • Forward sale commitments Level 2 recurring fair value measurement. When not derived from observable market inputs, fair value is based on discounted cash flows, which considers the following inputs: • Benchmark yield curve • Estimated discount spread to the benchmark yield curve • Expected prepayment speeds Estimated fair value classified as Level 3. Mortgage servicing rights Single family MSRs For information on how the Company measures the fair value of its single family MSRs, including key economic assumptions and the sensitivity of fair value to changes in those assumptions, see Note 6 , Mortgage Banking Operations . Level 3 recurring fair value measurement. Derivatives Eurodollar futures Fair value is based on closing exchange prices. Level 1 recurring fair value measurement. Interest rate swaps Fair value is based on quoted prices for identical or similar instruments, when available. When quoted prices are not available, fair value is based on internally developed modeling techniques, which require the use of multiple observable market inputs including: Level 2 recurring fair value measurement. Interest rate lock commitments The fair value considers several factors including: • Fair value of the underlying loan based on quoted prices in the secondary market, when available. • Value of servicing • Fall-out factor Level 3 recurring fair value measurement. The following tables presents the levels of the fair value hierarchy for the Company's assets and liabilities measured at fair value on a recurring basis. At March 31, 2021 (in thousands) Fair Value Level 1 Level 2 Level 3 Assets: Investment securities AFS Mortgage backed securities: Residential $ 43,238 $ — $ 40,828 $ 2,410 Commercial 43,025 — 43,025 — Collateralized mortgage obligations: Residential 230,498 — 230,498 — Commercial 152,151 — 152,151 — Municipal bonds 561,011 — 561,011 — Corporate debt securities 14,936 — 14,856 80 Single family LHFS 241,600 — 241,600 — Single family LHFI 4,324 — — 4,324 Single family mortgage servicing rights 62,352 — — 62,352 Derivatives Eurodollar futures 6 6 — — Forward sale commitments 13,509 — 13,509 — Interest rate lock commitments 6,686 — 6,686 Interest rate swaps 8,182 — 8,182 — Total assets $ 1,381,518 $ 6 $ 1,305,660 $ 75,852 Liabilities: Derivatives Forward sale commitments $ 6,215 $ — $ 6,215 $ — Interest rate lock commitments 198 — — 198 Interest rate swaps 16,784 — 16,784 Total liabilities $ 23,197 $ — $ 22,999 $ 198 At December 31, 2020 (in thousands) Fair Value Level 1 Level 2 Level 3 Assets: Investment securities AFS Mortgage backed securities: Residential $ 51,046 $ — $ 48,417 $ 2,629 Commercial 45,184 — 45,184 — Collateralized mortgage obligations: Residential 234,909 — 234,909 — Commercial 159,183 — 159,183 — Municipal bonds 564,703 — 564,703 — Corporate debt securities 15,222 — 15,141 81 Agency debentures 1,846 — 1,846 — Single family LHFS 194,643 — 194,643 — Single family LHFI 7,108 — — 7,108 Single family mortgage servicing rights 49,966 — — 49,966 Derivatives Forward sale commitments 1,035 — 1,035 — Interest rate lock commitments 17,395 — — 17,395 Interest rate swaps 17,459 — 17,459 — Total assets $ 1,359,699 $ — $ 1,282,520 $ 77,179 Liabilities: Derivatives Eurodollar futures $ 4 $ 4 $ — $ — Forward sale commitments 3,714 — 3,714 — Interest rate lock commitments 3 — — 3 Interest rate swaps 20,511 — 20,511 — Total liabilities $ 24,232 $ 4 $ 24,225 $ 3 There were no transfers between levels of the fair value hierarchy during the quarters ended March 31, 2021 and 2020. Level 3 Recurring Fair Value Measurements The Company's level 3 recurring fair value measurements consist of investment securities AFS, single family MSRs, single family LHFI where fair value option was elected, certain single family LHFS and interest rate lock commitments, which are accounted for as derivatives. For information regarding fair value changes and activity for single family MSRs during the quarter ended March 31, 2021 and 2020, see Note 6, Mortgage Banking Operations of this Quarterly Report on Form 10-Q. The fair value of IRLCs considers several factors, including the fair value in the secondary market of the underlying loan resulting from the exercise of the commitment, the expected net future cash flows related to the associated servicing of the loan (referred to as the value of servicing) and the probability that the commitment will not be converted into a funded loan (referred to as a fall-out factor). The fair value of IRLCs on LHFS, while based on interest rates observable in the market, is highly dependent on the ultimate closing of the loans. The significance of the fall-out factor to the fair value measurement of an individual IRLC is generally highest at the time that the rate lock is initiated and declines as closing procedures are performed and the underlying loan gets closer to funding. The fall-out factor applied is based on historical experience. The value of servicing is impacted by a variety of factors, including prepayment assumptions, discount rates, delinquency rates, contractually specified servicing fees, servicing costs and underlying portfolio characteristics. Because these inputs are not observable in market trades, the fall-out factor and value of servicing are considered to be level 3 inputs. The fair value of IRLCs decreases in value upon an increase in the fall-out factor and increases in value upon an increase in the value of servicing. Changes in the fall-out factor and value of servicing do not increase or decrease based on movements in other significant unobservable inputs. The Company recognizes unrealized gains and losses from the time that an IRLC is initiated until the gain or loss is realized at the time the loan closes, which generally occurs within 30-90 days. For IRLCs that fall out, any unrealized gain or loss is reversed, which generally occurs at the end of the commitment period. The gains and losses recognized on IRLC derivatives generally correlates to volume of single family interest rate lock commitments made during the reporting period (after adjusting for estimated fallout) while the amount of unrealized gains and losses realized at settlement generally correlates to the volume of single family closed loans during the reporting period. The Company uses the discounted cash flow model to estimate the fair value of certain loans that have been transferred from held for sale to held for investment and single family LHFS when the fair value of the loans is not derived using observable market inputs. The key assumption in the valuation model is the implied spread to benchmark interest rate curve. The implied spread is not directly observable in the market and is derived from third party pricing which is based on market information from comparable loan pools. The fair value estimate of single family loans that have been transferred from held for sale to held for investment are sensitive to changes in the benchmark interest rate which might result in a significantly higher or lower fair value measurement. The Company transferred certain loans from held for sale to held for investment. These loans were originated as held for sale loans where the Company had elected fair value option. The Company determined these loans to be level 3 recurring assets as the valuation technique included a significant unobservable input. The total amount of held for investment loans where fair value option election was made was $4.3 million and $7.1 million at March 31, 2021 and December 31, 2020, respectively. The following information presents significant Level 3 unobservable inputs used to measure fair value of certain assets. (dollars in thousands) Fair Value Valuation Significant Unobservable Low High Weighted Average March 31, 2021 Investment securities AFS $ 2,490 Income approach Implied spread to benchmark interest rate curve 2.00% 2.00% 2.00% Single family LHFI 4,324 Income approach Implied spread to benchmark interest rate curve 3.98% 9.53% 5.83% Interest rate lock commitments, net 6,488 Income approach Fall-out factor 0.29% 21.00% 9.54% Value of servicing 0.36% 1.47% 1.16% December 31, 2020 Investment securities AFS $ 2,710 Income approach Implied spread to benchmark interest rate curve 2.00% 2.00% 2.00% Single family LHFI 7,108 Income approach Implied spread to benchmark interest rate curve 3.96% 10.64% 6.23% Interest rate lock commitments, net 17,392 Income approach Fall-out factor 1.97% 38.38% 15.53% Value of servicing 0.41% 1.44% 0.97% We had no LHFS where the fair value was not derived with significant observable inputs at March 31, 2021 and December 31, 2020. The following table presents fair value changes and activity for certain Level 3 assets. Beginning balance Additions Transfers Payoffs/Sales Change in mark to market (1) Ending balance (in thousands) Quarter Ended March 31, 2021 Investment securities AFS $ 2,710 $ — $ — $ (48) $ (172) $ 2,490 Single family LHFI 7,108 360 — (3,191) 47 4,324 Quarter Ended March 31, 2020 Investment securities AFS $ 1,952 $ 985 $ — $ (291) $ 239 $ 2,885 Single family LHFI 3,468 1,679 — (247) 26 4,926 (1) Changes in fair value for single LHFI are recorded in other noninterest income on the consolidated income statement. The following table presents fair value changes and activity for Level 3 interest rate lock and purchase loan commitments. Quarter Ended March 31, (in thousands) 2021 2020 Beginning balance, net $ 17,392 $ 2,223 Total realized/unrealized gains (losses) (3,469) 15,762 Settlements (7,435) (4,483) Ending balance, net $ 6,488 $ 13,502 Nonrecurring Fair Value Measurements Certain assets held by the Company are not included in the tables above, but are measured at fair value on a periodic basis. These assets include certain LHFI and OREO that are carried at the lower of cost or fair value of the underlying collateral, less the estimated costs to sell. The estimated fair values of real estate collateral are generally based on internal evaluations and appraisals of such collateral, which use the market approach and income approach methodologies. We have omitted disclosure related to quantitative inputs given the insignificance of assets measured on a nonrecurring basis. The fair value of commercial properties are generally based on third-party appraisals that consider recent sales of comparable properties, including their income-generating characteristics, adjusted (generally based on unobservable inputs) to reflect the general assumptions that a market participant would make when analyzing the property for purchase. The Company uses a fair value of collateral technique to apply adjustments to the appraisal value of certain commercial LHFI that are collateralized by real estate. The Company uses a fair value of collateral technique to apply adjustments to the stated value of certain commercial LHFI that are not collateralized by real estate and to the appraisal value of OREO. Residential properties are generally based on unadjusted third-party appraisals. Factors considered in determining the fair value include geographic sales trends, the value of comparable surrounding properties as well as the condition of the property. These adjustments include management assumptions that are based on the type of collateral dependent loan and may increase or decrease an appraised value. Management adjustments vary significantly depending on the location, physical characteristics and income producing potential of each individual property. The quality and volume of market information available at the time of the appraisal can vary from period-to-period and cause significant changes to the nature and magnitude of the unobservable inputs used. Given these variations, changes in these unobservable inputs are generally not a reliable indicator for how fair value will increase or decrease from period to period. The following table present assets classified as Level 3 assets that had changes in their recorded fair value during the quarter ended March 31, 2020 and what we still held at the end of the respective reporting period. (in thousands) Fair Value Total Gains (Losses) At or for the Quarter Ended March 31, 2020 LHFI (1) $ 890 $ 113 (1) Represents the carrying value of loans for which adjustments are based on the fair value of the collateral. Fair Value of Financial Instruments The following presents the carrying value, estimated fair value and the levels of the fair value hierarchy for the Company's financial instruments other than assets and liabilities measured at fair value on a recurring basis. At March 31, 2021 (in thousands) Carrying Fair Level 1 Level 2 Level 3 Assets: Cash and cash equivalents $ 69,101 $ 69,101 $ 69,101 $ — $ — Investment securities HTM 4,246 4,431 — 4,431 — LHFI 5,223,403 5,305,705 — — 5,305,705 LHFS – multifamily and other 148,623 151,946 — 151,946 — Mortgage servicing rights – multifamily 39,626 41,882 — — 41,882 Federal Home Loan Bank stock 9,851 9,851 — 9,851 — Other assets - GNMA EBO loans 82,174 82,174 — — 82,174 Liabilities: Certificates of deposit $ 1,178,714 $ 1,180,956 $ — $ 1,180,956 $ — Borrowings 84,500 84,500 84,500 Long-term debt 125,885 116,395 — 116,395 — At December 31, 2020 (in thousands) Carrying Fair Level 1 Level 2 Level 3 Assets: Cash and cash equivalents $ 58,049 $ 58,049 $ 58,049 $ — $ — Investment securities HTM 4,271 4,507 — 4,507 — LHFI 5,172,778 5,327,711 — — 5,327,711 LHFS – multifamily and other 167,289 167,289 — 167,289 — Mortgage servicing rights – multifamily 35,774 38,423 — — 38,423 Federal Home Loan Bank stock 20,319 20,319 — 20,319 — Other assets-GNMA EBO loans 101,750 101,750 — — 101,750 Liabilities: Certificates of deposit $ 1,139,807 $ 1,143,747 $ — $ 1,143,747 $ — Borrowings 322,800 322,876 — 322,876 — Long-term debt 125,838 116,893 — 116,893 —

EARNINGS PER SHARE

EARNINGS PER SHARE	3 Months Ended
	Mar. 31, 2021
Earnings Per Share [Abstract]
EARNINGS PER SHARE	EARNINGS PER SHARE: The following table summarizes the calculation of earnings per share. Quarter Ended March 31, (in thousands, except share and per share data) 2021 2020 EPS numerator: Net income $ 29,663 $ 7,139 EPS denominator: Weighted average shares: Basic weighted-average number of common shares outstanding 21,637,671 23,688,930 Dilutive effect of outstanding common stock equivalents 324,157 171,350 Diluted weighted-average number of common shares outstanding 21,961,828 23,860,280 Net income per share: Basic earnings per share $ 1.37 $ 0.30 Diluted earnings per share 1.35 0.30

RESTRUCTURING

RESTRUCTURING	3 Months Ended
	Mar. 31, 2021
Restructuring and Related Activities [Abstract]
RESTRUCTURING	RESTRUCTURING: In 2020, we took steps to consolidate our facilities and incurred charges to reflect the vacating of certain office space. In addition, we incurred certain consulting fees in connection with a corporate-wide operations restructuring program which began in 2019. The following table summarizes the restructuring charges and the liability for restructuring costs still to be paid in the periods indicated: (in thousands) Facility-related costs Personnel-related costs Other costs Total Quarter ended March 31, 2020 activity Restructuring charges $ 580 $ 147 $ 488 $ 1,215 Costs paid or otherwise settled (575) (365) (522) (1,462) Balance, March 31, 2020 $ 1,240 $ 292 $ 125 $ 1,657 Quarter ended March 31, 2021 activity Costs paid or otherwise settled (233) (15) (116) (364) Balance, March 31, 2021 $ 2,630 $ 139 $ — $ 2,769

SUBSEQUENT EVENT

SUBSEQUENT EVENT	3 Months Ended
	Mar. 31, 2021
Subsequent Events [Abstract]
SUBSEQUENT EVENT	SUBSEQUENT EVENT:On April 29, 2021 the Board authorized a dividend of $0.25 per share, payable on May 26, 2021 to shareholders of record on May 11, 2021. On the same day, the Board approved an expansion of the Company's share repurchase program for up to $25 million of its common stock

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - (Policies)	3 Months Ended
	Mar. 31, 2021
Accounting Policies [Abstract]
Basis of Presentation	The accompanying consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America ("GAAP"). The consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries. All significant inter-company accounts and transactions have been eliminated in consolidation. In preparing the consolidated financial statements, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the of the financial statements, as well as the reported amounts of revenues and expenses during the reporting periods. Actual results could differ significantly from those estimates. Certain amounts in the financial statements from prior periods have been reclassified to conform to the current financial statement presentation.
Reclassifications	Immaterial Restatement: Subsequent to issuance of the June 30, 2020 financial statements, management concluded that purchases of and proceeds from the sale of Federal Home Loan Bank stock were incorrectly classified as financing activities, rather than investing activities, in the consolidated statements of cash flows. To correct this classification error, amounts previously reported for the purchases of and proceeds from the sale of Federal Home Loan Bank stock for the quarter ended March 31, 2020 as financing activities are reported as investing activities in the consolidated statement of cash flows.
Recent Accounting Developments	Recent Accounting Developments In December 2019, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2019-12, “Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes” (“ASU 2019-12”). ASU 2019-12 removes certain exceptions to the general principles in Topic 740 in GAAP. ASU 2019-12 is effective for public entities for fiscal years beginning after December 15, 2020, with early adoption permitted. The Company adopted this ASU on January 1, 2021 and it did not have a material effect on the Company’s financial position, results of operations or financial statement disclosures.
Derivatives and Hedging Activities	To reduce the risk of significant interest rate fluctuations on the value of certain assets and liabilities, such as single family mortgage LHFS and MSRs, the Company utilizes derivatives as economic hedges
Fair Value Measurement	The term "fair value" is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. A fair value measurement assumes that the transaction to sell the asset or transfer the liability occurs in the principal market for the asset or liability or, in the absence of a principal market, the most advantageous market for the asset or liability. The Company's approach is to maximize the use of observable inputs and minimize the use of unobservable inputs when developing fair value measurements. Fair Value Hierarchy A three-level valuation hierarchy has been established under ASC 820 for disclosure of fair value measurements. The valuation hierarchy is based on the observability of inputs to the valuation of an asset or liability as of the measurement date. A financial instrument’s categorization within the valuation hierarchy is based on the lowest level of input that is significant to the fair value measurement. The levels are defined as follows: • Level 1 – Quoted prices (unadjusted) in active markets for identical assets or liabilities that the reporting entity can access at the measurement date. An active market for the asset or liability is a market in which transactions for the asset or liability take place with sufficient frequency and volume to provide pricing information on an ongoing basis. • Level 2 – Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly. This includes quoted prices for similar assets and liabilities in active markets and inputs that are observable for the asset or liability for substantially the full term of the financial instrument. • Level 3 – Unobservable inputs for the asset or liability. These inputs reflect the Company's assumptions of what market participants would use in pricing the asset or liability. The Company's policy regarding transfers between levels of the fair value hierarchy is that all transfers are assumed to occur at the end of the reporting period. Estimation of Fair Value Fair value is based on quoted market prices, when available. In cases where a quoted price for an asset or liability is not available, the Company uses valuation models to estimate fair value. These models incorporate inputs such as forward yield curves, loan prepayment assumptions, expected loss assumptions, market volatilities and pricing spreads utilizing market-based inputs where readily available. The Company believes its valuation methods are appropriate and consistent with those that would be used by other market participants. However, imprecision in estimating unobservable inputs and other factors may result in these fair value measurements not reflecting the amount realized in an actual sale or transfer of the asset or liability in a current market exchange. The following table summarizes the fair value measurement methodologies, including significant inputs and assumptions and classification of the Company's assets and liabilities valued at fair value on a recurring basis. Asset/Liability class Valuation methodology, inputs and assumptions Classification Investment securities Investment securities AFS Observable market prices of identical or similar securities are used where available. Level 2 recurring fair value measurement. If market prices are not readily available, value is based on discounted cash flows using the following significant inputs: • Expected prepayment speeds • Estimated credit losses • Market liquidity adjustments Level 3 recurring fair value measurement. LHFS Single family loans, excluding loans transferred from held for investment Fair value is based on observable market data, including: • Quoted market prices, where available • Dealer quotes for similar loans • Forward sale commitments Level 2 recurring fair value measurement. When not derived from observable market inputs, fair value is based on discounted cash flows, which considers the following inputs: • Benchmark yield curve • Estimated discount spread to the benchmark yield curve • Expected prepayment speeds Estimated fair value classified as Level 3. Mortgage servicing rights Single family MSRs For information on how the Company measures the fair value of its single family MSRs, including key economic assumptions and the sensitivity of fair value to changes in those assumptions, see Note 6 , Mortgage Banking Operations . Level 3 recurring fair value measurement. Derivatives Eurodollar futures Fair value is based on closing exchange prices. Level 1 recurring fair value measurement. Interest rate swaps Fair value is based on quoted prices for identical or similar instruments, when available. When quoted prices are not available, fair value is based on internally developed modeling techniques, which require the use of multiple observable market inputs including: Level 2 recurring fair value measurement. Interest rate lock commitments The fair value considers several factors including: • Fair value of the underlying loan based on quoted prices in the secondary market, when available. • Value of servicing • Fall-out factor Level 3 recurring fair value measurement.

INVESTMENT SECURITIES - (Tables

INVESTMENT SECURITIES - (Tables)	3 Months Ended
	Mar. 31, 2021
Investments, Debt and Equity Securities [Abstract]
Amortized cost and fair value of available for sale securities	The following table sets forth certain information regarding the amortized cost basis and fair values of our investment securities AFS and held-to-maturity ("HTM"). At March 31, 2021 (in thousands) Amortized Gross Gross Fair AFS Mortgage backed securities ("MBS"): Residential $ 42,819 $ 803 $ (384) $ 43,238 Commercial 42,198 1,109 (282) 43,025 Collateralized mortgage obligations ("CMOs"): Residential 227,257 4,871 (1,630) 230,498 Commercial 150,775 2,217 (841) 152,151 Municipal bonds 542,608 21,345 (2,942) 561,011 Corporate debt securities 14,129 807 — 14,936 Total $ 1,019,786 $ 31,152 $ (6,079) $ 1,044,859 HTM Municipal bonds $ 4,246 $ 185 $ — $ 4,431 At December 31, 2020 (in thousands) Amortized Gross Gross Fair AFS MBS: Residential $ 50,001 $ 1,237 $ (192) $ 51,046 Commercial 43,061 2,131 (8) 45,184 CMOs: Residential 228,685 6,319 (95) 234,909 Commercial 155,645 3,719 (181) 159,183 Municipal bonds 533,719 31,321 (337) 564,703 Corporate debt securities 14,381 841 — 15,222 Agency debentures 1,846 — — 1,846 Total $ 1,027,338 $ 45,568 $ (813) $ 1,072,093 HTM Municipal bonds $ 4,271 $ 236 $ — $ 4,507
Amortized cost and fair value of held-to-maturity securities	The following table sets forth certain information regarding the amortized cost basis and fair values of our investment securities AFS and held-to-maturity ("HTM"). At March 31, 2021 (in thousands) Amortized Gross Gross Fair AFS Mortgage backed securities ("MBS"): Residential $ 42,819 $ 803 $ (384) $ 43,238 Commercial 42,198 1,109 (282) 43,025 Collateralized mortgage obligations ("CMOs"): Residential 227,257 4,871 (1,630) 230,498 Commercial 150,775 2,217 (841) 152,151 Municipal bonds 542,608 21,345 (2,942) 561,011 Corporate debt securities 14,129 807 — 14,936 Total $ 1,019,786 $ 31,152 $ (6,079) $ 1,044,859 HTM Municipal bonds $ 4,246 $ 185 $ — $ 4,431 At December 31, 2020 (in thousands) Amortized Gross Gross Fair AFS MBS: Residential $ 50,001 $ 1,237 $ (192) $ 51,046 Commercial 43,061 2,131 (8) 45,184 CMOs: Residential 228,685 6,319 (95) 234,909 Commercial 155,645 3,719 (181) 159,183 Municipal bonds 533,719 31,321 (337) 564,703 Corporate debt securities 14,381 841 — 15,222 Agency debentures 1,846 — — 1,846 Total $ 1,027,338 $ 45,568 $ (813) $ 1,072,093 HTM Municipal bonds $ 4,271 $ 236 $ — $ 4,507
Investment securities in an unrealized loss position	Investment securities AFS that were in an unrealized loss position are presented in the following tables based on the length of time the individual securities have been in an unrealized loss position. At March 31, 2021 Less than 12 months 12 months or more Total (in thousands) Gross Fair Gross Fair Gross Fair MBS: Residential $ (114) $ 4,725 $ (270) $ 1,325 $ (384) $ 6,050 Commercial (282) 16,968 — — (282) 16,968 CMOs: Residential (1,630) 29,231 — — (1,630) 29,231 Commercial (696) 25,184 (145) 15,355 (841) 40,539 Municipal bonds (2,344) 97,048 (598) 3,333 (2,942) 100,381 Total $ (5,066) $ 173,156 $ (1,013) $ 20,013 $ (6,079) $ 193,169 At December 31, 2020 Less than 12 months 12 months or more Total (in thousands) Gross Fair Gross Fair Gross Fair MBS: Residential $ (7) $ 1,196 $ (185) $ 1,432 (192) $ 2,628 Commercial (8) 925 — — (8) 925 CMOs: Residential (95) 7,391 — — (95) 7,391 Commercial (39) 6,687 (142) 15,358 (181) 22,045 Municipal bonds (337) 10,512 — — (337) 10,512 Total $ (486) $ 26,711 $ (327) $ 16,790 $ (813) $ 43,501
Computation of weighted average yield using coupon on the fair value	The following tables present the fair value of investment securities AFS and HTM by contractual maturity along with the associated contractual yield for the periods indicated below. The weighted-average yield is computed using the contractual coupon of each security weighted based on the fair value of each security and does not include adjustments to a tax equivalent basis. At March 31, 2021 Within one year After one year After five years After Total (dollars in thousands) Fair Weighted Fair Weighted Fair Weighted Fair Weighted Fair Weighted AFS Municipal bonds $ 1,735 4.57 % $ 14,787 3.79 % $ 58,652 3.20 % $ 485,837 3.24 % $ 561,011 3.26 % Corporate debt securities — — % 7,004 3.74 % 7,932 4.78 % — — % 14,936 4.30 % Total $ 1,735 4.57 % $ 21,791 3.77 % $ 66,584 3.39 % $ 485,837 3.24 % $ 575,947 3.28 % HTM Municipal bonds $ — — % $ 4,431 2.44 % $ — — % $ — — % $ 4,431 2.44 % At December 31, 2020 Within one year After one year After five years After Total (dollars in thousands) Fair Weighted Fair Weighted Fair Weighted Fair Weighted Fair Weighted AFS Municipal bonds $ 4,024 3.19 % $ 14,978 3.82 % $ 59,496 3.26 % $ 486,205 3.29 % $ 564,703 3.30 % Corporate debt securities 183 4.27 % 7,059 3.74 % 7,980 4.78 % — — % 15,222 4.30 % Agency debentures — — % — — % — — % 1,846 2.68 % 1,846 2.68 % Total $ 4,207 3.24 % $ 22,037 3.80 % $ 67,476 3.45 % $ 488,051 3.29 % $ 581,771 3.33 % HTM Municipal bonds $ — — % $ 4,507 2.47 % $ — — % $ — — % $ 4,507 2.47 %
Schedule of sales of investment securities	Sales of investment securities was as follows for the period indicated: Quarter Ended March 31, (in thousands) 2020 Proceeds $ 33,792 Gross gains 745 Gross losses (633)
Carrying value of securities pledged as collateral	The following table summarizes the carrying value of securities pledged as collateral to secure public deposits, borrowings and other purposes as permitted or required by law: (in thousands) At March 31, At December 31, Washington, Oregon and California State to secure public deposits $ 163,248 $ 171,471 Other securities pledged 3,257 3,391 Total securities pledged as collateral $ 166,505 $ 174,862

LOANS AND CREDIT QUALITY - (Tab

LOANS AND CREDIT QUALITY - (Tables)	3 Months Ended
	Mar. 31, 2021
Receivables [Abstract]
Loans held for investment	LHFI consist of the following: (in thousands) At March 31, At December 31, Commercial real estate loans Non-owner occupied commercial real estate $ 766,002 $ 829,538 Multifamily 1,521,349 1,428,092 Construction/land development 532,202 553,695 Total 2,819,553 2,811,325 Commercial and industrial loans Owner occupied commercial real estate 473,273 467,256 Commercial business 757,231 645,723 Total 1,230,504 1,112,979 Consumer loans Single family (1) 875,417 915,123 Home equity and other 366,300 404,753 Total 1,241,717 1,319,876 Total LHFI 5,291,774 5,244,180 Allowance for credit losses ("ACL") (64,047) (64,294) Total LHFI less ACL $ 5,227,727 $ 5,179,886
Activity in allowance for credit losses	Activity in the ACL for LHFI and the allowance for unfunded commitments was as follows: Quarter Ended March 31, (in thousands) 2021 2020 Beginning balance $ 64,294 $ 41,772 Provision for credit losses (371) 14,655 Net (charge-offs) recoveries 124 29 Impact of ASC 326 adoption — 1,843 Ending balance $ 64,047 $ 58,299 Allowance for unfunded commitments: Beginning balance $ 1,588 $ 1,065 Provision for credit losses 371 (655) Impact of ASC 326 adoption — 1,897 Ending balance $ 1,959 $ 2,307 Provision for credit losses: Allowance for credit losses - loans $ (371) $ 14,655 Allowance for unfunded commitments 371 (655) Total $ — $ 14,000 Activity in the ACL for LHFI by loan portfolio and loan sub-class was as follows: Quarter Ended March 31, 2021 (in thousands) Beginning balance Charge-offs Recoveries Provision Ending balance Commercial real estate loans Non-owner occupied commercial real estate $ 8,845 $ — $ — $ 373 $ 9,218 Multifamily 6,072 — — 897 6,969 Construction/land development Multifamily construction 4,903 — — (967) 3,936 Commercial real estate construction 1,670 — — 238 1,908 Single family construction 5,130 — — (123) 5,007 Single family construction to permanent 1,315 — — (191) 1,124 Total 27,935 — — 227 28,162 Commercial and industrial loans Owner occupied commercial real estate 4,994 — — 272 5,266 Commercial business 17,043 — 74 (12) 17,105 Total 22,037 — 74 260 22,371 Consumer loans Single family 6,906 (70) 120 (221) 6,735 Home equity and other 7,416 (56) 56 (637) 6,779 Total 14,322 (126) 176 (858) 13,514 Total ACL $ 64,294 $ (126) $ 250 $ (371) $ 64,047 Quarter Ended March 31, 2020 (in thousands) Prior to adoption of ASC 326 Impact of ASC 326 adoption Charge-offs Recoveries Provision Ending Commercial real estate loans Non-owner occupied commercial real estate $ 7,245 $ (3,392) $ — $ — $ 5,168 $ 9,021 Multifamily 7,015 (2,977) — — 227 4,265 Construction/land development Multifamily construction 2,848 693 — — (323) 3,218 Commercial real estate construction 624 (115) — — (127) 382 Single family construction 3,800 4,280 — 163 (1,658) 6,585 Single family construction to permanent 1,003 200 — — 309 1,512 Total 22,535 (1,311) — 163 3,596 24,983 Commercial and industrial loans Owner occupied commercial real estate 3,639 (2,459) — — 2,980 4,160 Commercial business 2,915 510 (143) 24 4,855 8,161 Total 6,554 (1,949) (143) 24 7,835 12,321 Consumer loans Single family 6,450 468 — 53 1,616 8,587 Home equity and other 6,233 4,635 (217) 149 1,608 12,408 Total 12,683 5,103 (217) 202 3,224 20,995 Total ACL $ 41,772 $ 1,843 $ (360) $ 389 $ 14,655 $ 58,299
Designated loan grades by loan portfolio segment and loan class	The following table presents a vintage analysis of the commercial portfolio segment by loan sub-class, risk rating and delinquency status. At March 31, 2021 (in thousands) 2021 2020 2019 2018 2017 2016 and prior Revolving Revolving-term Total COMMERCIAL PORTFOLIO Non-owner occupied commercial real estate 1-6 Pass $ 8,218 $ 51,510 $ 175,601 $ 142,870 $ 125,194 $ 258,427 $ 956 $ 986 $ 763,762 7- Special Mention — — — — — 2,240 — — 2,240 8 - Substandard — — — — — — — — — Total 8,218 51,510 175,601 142,870 125,194 260,667 956 986 766,002 Multifamily 1-6 Pass 284,229 592,391 303,960 72,892 30,232 233,376 100 — 1,517,180 7- Special Mention — 4,169 — — — — — — 4,169 8 - Substandard — — — — — — — — — Total 284,229 596,560 303,960 72,892 30,232 233,376 100 — 1,521,349 Multifamily construction 1-6 Pass — 16,233 17,650 45,502 — — — — 79,385 7- Special Mention — — — — — 27,395 — — 27,395 8 - Substandard — — — — — — — — — Total — 16,233 17,650 45,502 — 27,395 — — 106,780 Commercial real estate construction 1-6 Pass — 3,962 — 2,069 15,527 583 6,469 — 28,610 7- Special Mention — — — — — — — — — 8 - Substandard — — — — — — — — — Total — 3,962 — 2,069 15,527 583 6,469 — 28,610 Single family construction 1-6 Pass 48,025 92,914 41,299 9,255 — 79 77,929 — 269,501 7- Special Mention — — — — — — — — — 8 - Substandard — — — — — — — — — Total 48,025 92,914 41,299 9,255 — 79 77,929 — 269,501 Single family construction to permanent Current 11,230 63,159 46,239 5,995 688 — — — 127,311 Past due: 30-59 days — — — — — — — — — 60-89 days — — — — — — — — — 90+ days — — — — — — — — — Total 11,230 63,159 46,239 5,995 688 — — — 127,311 Owner occupied commercial real estate 1-6 Pass 31,113 50,309 60,212 56,448 80,832 130,457 (2) 4,298 413,667 7- Special Mention — — — 2,241 6,066 409 — 67 8,783 8 - Substandard — — 19,145 1,111 10,697 19,870 — — 50,823 Total 31,113 50,309 79,357 59,800 97,595 150,736 (2) 4,365 473,273 Commercial business 1-6 Pass 138,740 326,005 54,143 42,042 20,677 30,725 92,346 2,351 707,029 7- Special Mention — — 9,936 1,647 6,385 — 1,507 158 19,633 8 - Substandard — — 6,495 9,891 2,113 2,909 9,049 112 30,569 Total 138,740 326,005 70,574 53,580 29,175 33,634 102,902 2,621 757,231 Total commercial portfolio $ 521,555 $ 1,200,652 $ 734,680 $ 391,963 $ 298,411 $ 706,470 $ 188,354 $ 7,972 $ 4,050,057 The following table presents a vintage analysis of the consumer portfolio segment by loan sub-class and delinquency status. At March 31, 2021 (in thousands) 2021 2020 2019 2018 2017 2016 and prior Revolving Revolving-term Total CONSUMER PORTFOLIO Single family Current $ 35,295 $ 172,695 $ 111,355 $ 142,166 $ 137,942 $ 270,902 $ — $ — $ 870,355 Past due: 30-59 days — — — — — 532 532 60-89 days — — — — 317 327 — — 644 90+ days — 823 1,251 857 386 569 — — 3,886 Total (1) 35,295 173,518 112,606 143,023 138,645 272,330 — — 875,417 Home equity and other Current 599 1,351 937 955 752 4,684 347,690 7,634 364,602 Past due: 30-59 days — — 1 2 — 2 199 8 212 60-89 days — 1 11 — — — — — 12 90+ days — — 2 — — 54 1,418 — 1,474 Total 599 1,352 951 957 752 4,740 349,307 7,642 366,300 Total consumer portfolio $ 35,894 $ 174,870 $ 113,557 $ 143,980 $ 139,397 $ 277,070 $ 349,307 $ 7,642 $ 1,241,717 Total LHFI $ 557,449 $ 1,375,522 $ 848,237 $ 535,943 $ 437,808 $ 983,540 $ 537,661 $ 15,614 $ 5,291,774 (1) Includes $4.3 million of loans where a fair value option election was made at the time of origination and, therefore, are carried at fair value with changes recognized in the consolidated income statements. The following tables present a vintage analysis of year to date charge-offs and year to date recoveries of the commercial portfolio and consumer portfolio segment by loan sub-class. At March 31, 2021 (in thousands) 2021 2020 2019 2018 2017 2016 and prior Revolving Revolving-term Total COMMERCIAL PORTFOLIO Commercial business Charge-offs $ — $ — $ — $ — $ — $ — $ — $ — $ — Recoveries — — — — — 74 — — 74 Net — — — — — 74 — — 74 Commercial portfolio Charge-offs — — — — — — — — — Recoveries — — — — — 74 — — 74 Total net $ — $ — $ — $ — $ — $ 74 $ — $ — $ 74 At March 31, 2021 (in thousands) 2021 2020 2019 2018 2017 2016 and prior Revolving Revolving-term Total CONSUMER PORTFOLIO Single family Charge-offs $ — $ — $ — $ (38) $ (24) $ (8) $ — $ — $ (70) Recoveries — — — — — 120 — — 120 Net — — — (38) (24) 112 — — 50 Home equity and other Charge-offs — (1) (16) — (39) — (56) Recoveries — — 4 2 — 36 14 — 56 Net — (1) (12) 2 — 36 (25) — — Consumer Portfolio Charge-offs — (1) (16) (38) (24) (8) (39) — (126) Recoveries — — 4 2 — 156 14 — 176 Total net $ — $ (1) $ (12) $ (36) $ (24) $ 148 $ (25) $ — $ 50 All loans Charge-offs — (1) (16) (38) (24) (8) (39) — (126) Recoveries — — 4 2 — 230 14 — 250 Total net $ — $ (1) $ (12) $ (36) $ (24) $ 222 $ (25) $ — $ 124
Schedule of collateral dependent loans	The following table presents the amortized cost basis of collateral-dependent loans by loan sub-class and collateral type. At March 31, 2021 (in thousands) Land 1-4 Family Multifamily Non-residential real estate Other non-real estate Total Commercial and industrial loans Owner occupied commercial real estate $ 1,789 $ — $ — $ 3,123 $ — $ 4,912 Commercial business 1,787 545 — — 2,562 4,894 Total 3,576 545 — 3,123 2,562 9,806 Consumer loans Single family — 2,453 — — — 2,453 Home equity loans and other — 897 — — — 897 Total — 3,350 — — — 3,350 Total collateral-dependent loans $ 3,576 $ 3,895 $ — $ 3,123 $ 2,562 $ 13,156
Schedule of loans on nonaccrual with no related allowance for credit loss	Nonaccrual and Past Due Loans The following table presents nonaccrual status for loans as of the dates indicated. At March 31, 2021 At December 31, 2020 (in thousands) Nonaccrual with no related ACL Total Nonaccrual Nonaccrual with no related ACL Total Nonaccrual Commercial and industrial loans Owner occupied commercial real estate $ 4,913 $ 4,913 $ 4,922 $ 4,922 Commercial business 3,100 9,224 3,100 9,183 Total 8,013 14,137 8,022 14,105 Consumer loans Single family $ 2,300 $ 5,583 $ 2,173 $ 4,883 Home equity and other 899 1,821 2 1,734 Total 3,199 7,404 2,175 6,617 Total nonaccrual loans $ 11,212 $ 21,541 $ 10,197 $ 20,722
Past due loans by portfolio segment and loan class	The following tables present an aging analysis of past due loans by loan portfolio segment and loan sub-class. At March 31, 2021 Past Due and Still Accruing (in thousands) 30-59 days 60-89 days 90 days or Nonaccrual Total past due and nonaccrual (3) Current Total Commercial real estate loans Non-owner occupied commercial real estate $ — $ — $ — $ — $ — $ 766,002 $ 766,002 Multifamily — — — — — 1,521,349 1,521,349 Construction/land development Multifamily construction — — — — — 106,780 106,780 Commercial real estate construction — — — — — 28,610 28,610 Single family construction — — — — — 269,501 269,501 Single family construction to permanent — — — — — 127,311 127,311 Total — — — — — 2,819,553 2,819,553 Commercial and industrial loans Owner occupied commercial real estate — — — 4,913 4,913 468,360 473,273 Commercial business — — — 9,224 9,224 748,007 757,231 Total — — — 14,137 14,137 1,216,367 1,230,504 Consumer loans Single family 653 1,153 10,676 (2) 5,583 18,065 857,352 875,417 (1) Home equity and other 205 3 — 1,821 2,029 364,271 366,300 Total 858 1,156 10,676 7,404 20,094 1,221,623 1,241,717 Total loans $ 858 $ 1,156 $ 10,676 $ 21,541 $ 34,231 $ 5,257,543 $ 5,291,774 % 0.02 % 0.02 % 0.20 % 0.41 % 0.65 % 99.35 % 100.00 % At December 31, 2020 Past Due and Still Accruing (in thousands) 30-59 days 60-89 days 90 days or Nonaccrual Total past due and nonaccrual (3) Current Total Commercial real estate loans Non-owner occupied commercial real estate $ — $ — $ — $ — $ — $ 829,538 $ 829,538 Multifamily — — — — — 1,428,092 1,428,092 Construction and land development Multifamily construction 115,329 115,329 Commercial real estate construction — — — — — 27,285 27,285 Single family construction — — — — — 259,170 259,170 Single family construction to permanent — — — — — 151,911 151,911 Total — — — — — 2,811,325 2,811,325 Commercial and industrial loans Owner occupied commercial real estate — — — 4,922 4,922 462,334 467,256 Commercial business — — — 9,183 9,183 636,540 645,723 Total — — — 14,105 14,105 1,098,874 1,112,979 Consumer loans Single family 2,161 418 11,476 (2) 4,883 18,938 896,185 915,123 (1) Home equity and other 228 135 — 1,734 2,097 402,656 404,753 Total 2,389 553 11,476 6,617 21,035 1,298,841 1,319,876 Total loans $ 2,389 $ 553 $ 11,476 $ 20,722 $ 35,140 $ 5,209,040 $ 5,244,180 % 0.05 % 0.01 % 0.22 % 0.40 % 0.67 % 99.33 % 100.00 % (1) Includes $4.3 million and $7.1 million of loans at March 31, 2021 and December 31, 2020, respectively, where a fair value option election was made at the time of origination and, therefore, are carried at fair value with changes recognized in our consolidated income statements. (2) FHA-insured and VA-guaranteed single family loans that are 90 days or more past due are maintained on accrual status if they are determined to have little to no risk of loss.
TDR activity by loan portfolio segment and loan class	The following tables present information about troubled debt restructuring ("TDR") activity during the periods indicated. Quarter Ended March 31, 2021 (dollars in thousands) Number of loan Recorded Related charge- Consumer loans Single family Interest rate reduction 2 $ 508 $ — Total consumer Interest rate reduction 2 508 — Total 2 508 — Total loans Interest rate reduction 2 508 — Total 2 $ 508 $ — Quarter Ended March 31, 2020 (dollars in thousands) Number of loan Recorded Related charge- Commercial and industrial loans Owner occupied commercial real estate Payment restructure 1 $ 678 $ — Commercial business Payment restructure 1 1,125 — Total commercial and industrial Payment restructure 2 1,803 — Total 2 1,803 — Consumer loans Single family Interest rate reduction 11 2,213 — Payment restructure 3 454 — Total consumer Interest rate reduction 11 2,213 — Payment restructure 3 454 — Total 14 2,667 — Total loans Interest rate reduction 11 2,213 — Payment restructure 5 2,257 — Total 16 $ 4,470 $ —
TDR balances that subsequently re-defaulted	The following table presents loans that were modified as TDRs within the previous 12 months and subsequently re-defaulted during the quarter ended March 31, 2021 and 2020, respectively. A TDR loan is considered re-defaulted when it becomes doubtful that the objectives of the modifications will be met, generally when a consumer loan TDR becomes 60 days or more past due on principal or interest payments or when a commercial loan TDR becomes 90 days or more past due on principal or interest payments. Quarter Ended March 31, 2021 2020 (dollars in thousands) Number of loan relationships that re-defaulted Recorded Number of loan relationships that re-defaulted Recorded Commercial loans - Owner occupied commercial real estate 1 $ 678 — $ — Consumer loans - single family 4 1,219 6 1,281 Total 5 $ 1,897 6 $ 1,281

DEPOSITS - (Tables)

DEPOSITS - (Tables)	3 Months Ended
	Mar. 31, 2021
Deposits Liabilities, Balance Sheet, Reported Amounts [Abstract]
Deposit balances, including stated rates	Deposit balances, including stated rates, were as follows: (in thousands) At March 31, Weighted Average Rate At December 31, Weighted Average Rate Noninterest-bearing demand deposits $ 1,441,716 — % $ 1,337,010 — % Interest-bearing demand deposits 557,900 0.10 % 484,265 0.10 % Savings 287,028 0.07 % 264,024 0.07 % Money market 2,665,875 0.18 % 2,596,453 0.21 % Certificates of deposit 1,178,714 0.64 % 1,139,807 0.93 % Total $ 6,131,233 0.21 % $ 5,821,559 0.29 %
Certificates of deposit outstanding	Certificates of deposit outstanding mature as follows: (in thousands) At March 31, Within one year $ 926,062 One to two years 220,423 Two to three years 14,734 Three to four years 13,093 Four to five years 4,098 Thereafter 304 Total $ 1,178,714

DERIVATIVES AND HEDGING ACTIV_2

DERIVATIVES AND HEDGING ACTIVITIES - (Tables)	3 Months Ended
	Mar. 31, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Notional amount and fair value for derivatives	The notional amounts and fair values for derivatives, which are included in other assets or accounts payable and other liabilities on the consolidated balance sheet, consist of the following: At March 31, 2021 Notional amount Fair value derivatives (in thousands) Asset Liability Forward sale commitments $ 1,542,507 $ 13,509 $ (6,215) Interest rate lock commitments 401,181 6,686 (198) Interest rate swaps 495,990 8,182 (16,784) Eurodollar futures 492,000 6 — Total derivatives before netting $ 2,931,678 28,383 (23,197) Netting adjustment/Cash collateral (1) (9,611) 19,596 Carrying value on consolidated balance sheet $ 18,772 $ (3,601) At December 31, 2020 Notional amount Fair value derivatives (in thousands) Asset Liability Forward sale commitments $ 977,974 $ 1,035 $ (3,714) Interest rate lock commitments 493,873 17,395 (3) Interest rate swaps 536,969 17,459 (20,511) Eurodollar futures 314,000 — (4) Total derivatives before netting $ 2,322,816 35,889 (24,232) Netting adjustment/Cash collateral (1) (8,250) 21,447 Carrying value on consolidated balance sheet $ 27,639 $ (2,785)
Fair value, concentration of risk	The following tables present gross fair value and net carrying value information about derivative instruments. (in thousands) Gross fair value Netting adjustments/ Cash collateral (1) Carrying value At March 31, 2021 Derivative assets $ 28,383 $ (9,611) $ 18,772 Derivative liabilities (23,197) 19,596 (3,601) At December 31, 2020 Derivative assets $ 35,889 $ (8,250) $ 27,639 Derivative liabilities (24,232) 21,447 (2,785)
Net gains (losses) recognized on economic hedge derivatives	The following table presents the net gain (loss) recognized on economic hedge derivatives, within the respective line items in the consolidated income statements for the periods indicated. Quarter Ended March 31, (in thousands) 2021 2020 Recognized in noninterest income: Net gain (loss) on loan origination and sale activities (1) $ 3,858 $ 5,140 Loan servicing income (loss) (2) (12,591) 19,921 Other (3) 299 (494) (1) Comprised of IRLCs and forward contracts used as an economic hedge of single family mortgage loans held for sale. (2) Comprised of interest rate swaps, interest rate swaptions, futures and forward contracts used as economic hedges of single family MSRs. (3) Comprised of interest rate swaps used as economic hedges of loans held for investment.

MORTGAGE BANKING OPERATIONS - (

MORTGAGE BANKING OPERATIONS - (Tables)	3 Months Ended
	Mar. 31, 2021
Mortgage Banking [Abstract]
Mortgage loans on real estate, by loan	LHFS consisted of the following. (in thousands) At March 31, 2021 At December 31, 2020 Single family $ 241,600 $ 194,643 Commercial real estate, multifamily and SBA 148,623 167,289 Total $ 390,223 $ 361,932 Loans sold consisted of the following for the periods indicated: Quarter Ended March 31, (in thousands) 2021 2020 Single family $ 573,040 $ 309,853 Commercial real estate, multifamily and SBA 257,717 282,457 Total $ 830,757 $ 592,310
Net gain on loan origination and sale activity	Gain on loan origination and sale activities, including the effects of derivative risk management instruments, consisted of the following. Quarter Ended March 31, (in thousands) 2021 2020 Single family $ 26,187 $ 17,831 Commercial real estate, multifamily and SBA 7,272 4,710 Total $ 33,459 $ 22,541
Company's portfolio of loans serviced for others	(in thousands) At March 31, At December 31, Single family $ 5,691,682 $ 5,914,592 Commercial real estate, multifamily and SBA 1,962,005 1,844,241 Total $ 7,653,687 $ 7,758,833
Mortgage repurchase losses	The following is a summary of changes in the Company's liability for estimated mortgage repurchase losses. Quarter Ended March 31, (in thousands) 2021 2020 Balance, beginning of period $ 2,122 $ 2,871 Additions, net of adjustments (1) (20) (316) Realized losses (2) (161) (73) Balance, end of period $ 1,941 $ 2,482 (1) Includes additions for new loan sales and changes in estimated probable future repurchase losses on previously sold loans. (2) Includes principal losses and accrued interest on repurchased loans, "make-whole" settlements, settlements with claimants and certain related expenses.
Revenue from mortgage servicing, including the effects of derivative risk management instruments	Revenue from mortgage servicing, including the effects of derivative risk management instruments, consisted of the following. Quarter Ended March 31, (in thousands) 2021 2020 Servicing income, net: Servicing fees and other $ 8,913 $ 7,993 Amortization of single family MSRs (1) (5,693) (3,494) Amortization of multifamily and SBA MSRs (1,344) (1,475) Total 1,876 3,024 Risk management, single family MSRs: Changes in fair value of MSRs due to assumptions (2) 11,463 (16,844) Net gain (loss) from derivative hedging (12,591) 19,921 Total (1,128) 3,077 Loan servicing income $ 748 $ 6,101 (1) Represents changes due to collection/realization of expected cash flows and curtailments. (2) Principally reflects changes in market inputs, which include current market interest rates and prepayment model updates, both of which affect future prepayment speeds and cash flow projections.
Changes in single family MSRs measured at fair value	The changes in single family MSRs measured at fair value are as follows: Quarter Ended March 31, (in thousands) 2021 2020 Beginning balance $ 49,966 $ 68,109 Additions and amortization: Originations 6,616 2,162 Amortization (1) (5,693) (3,494) Net additions and amortization 923 (1,332) Changes in fair value assumptions (2) 11,463 (16,844) Ending balance $ 62,352 $ 49,933 (1) Represents changes due to collection/realization of expected cash flows and curtailments. (2) Principally reflects changes in model assumptions, including prepayment speed assumptions, which are primarily reflected by changes in mortgage interest rates.
Key economic assumptions used in measuring initial FV of capitalized single family MSRs	Key economic assumptions used in measuring the initial fair value of capitalized single family MSRs were as follows: Quarter Ended March 31, (2) (rates per annum) 2021 2020 Constant prepayment rate ("CPR") (1) 8.37 % 15.61 % Discount rate 8.37 % 7.83 % (1) Represents an expected lifetime average CPR used in the model. (2) Based on a weighted average.
Schedule of sensitivity analysis of fair value, transferor's interests in transferred financial assets	For single family MSRs, we use a discounted cash flow valuation technique which utilizes CPRs and discount rates as significant unobservable inputs as noted in the table below. At March 31, 2021 At December 31, 2020 Range of Inputs Average (1) Range of Inputs Average (1) CPRs 7.96% - 14.08% 9.96 % 8.13% - 19.70% 12.81 % Discount Rates 7.33% - 13.85% 8.98 % 6.50% - 13.14% 8.27 % (1) Averages of all the inputs within the range. To compute hypothetical sensitivities of the value of our single family MSRs to immediate adverse changes in key assumptions, we computed the impact of changes to CPRs and in discount rates as outlined below: (dollars in thousands) At March 31, 2021 Fair value of single family MSR $ 62,352 Expected weighted-average life (in years) 6.28 CPR Impact on fair value of 25 basis points adverse change in interest rates $ (3,129) Impact on fair value of 50 basis points adverse change in interest rates $ (6,450) Discount rate Impact on fair value of 100 basis points increase $ (3,006) Impact on fair value of 200 basis points increase $ (5,783)
Changes in multifamily MSRs measured at the lower of amortized cost or fair value	The changes in multifamily and SBA MSRs measured at the lower of amortized cost or fair value were as follows: Quarter Ended March 31, (in thousands) 2021 2020 Beginning balance $ 35,774 $ 29,494 Origination 5,196 1,957 Amortization (1,344) (1,331) Ending balance $ 39,626 $ 30,120

FAIR VALUE MEASUREMENT - (Table

FAIR VALUE MEASUREMENT - (Tables)	3 Months Ended
	Mar. 31, 2021
Fair Value Disclosures [Abstract]
Fair value measurement methodologies	The following table summarizes the fair value measurement methodologies, including significant inputs and assumptions and classification of the Company's assets and liabilities valued at fair value on a recurring basis. Asset/Liability class Valuation methodology, inputs and assumptions Classification Investment securities Investment securities AFS Observable market prices of identical or similar securities are used where available. Level 2 recurring fair value measurement. If market prices are not readily available, value is based on discounted cash flows using the following significant inputs: • Expected prepayment speeds • Estimated credit losses • Market liquidity adjustments Level 3 recurring fair value measurement. LHFS Single family loans, excluding loans transferred from held for investment Fair value is based on observable market data, including: • Quoted market prices, where available • Dealer quotes for similar loans • Forward sale commitments Level 2 recurring fair value measurement. When not derived from observable market inputs, fair value is based on discounted cash flows, which considers the following inputs: • Benchmark yield curve • Estimated discount spread to the benchmark yield curve • Expected prepayment speeds Estimated fair value classified as Level 3. Mortgage servicing rights Single family MSRs For information on how the Company measures the fair value of its single family MSRs, including key economic assumptions and the sensitivity of fair value to changes in those assumptions, see Note 6 , Mortgage Banking Operations . Level 3 recurring fair value measurement. Derivatives Eurodollar futures Fair value is based on closing exchange prices. Level 1 recurring fair value measurement. Interest rate swaps Fair value is based on quoted prices for identical or similar instruments, when available. When quoted prices are not available, fair value is based on internally developed modeling techniques, which require the use of multiple observable market inputs including: Level 2 recurring fair value measurement. Interest rate lock commitments The fair value considers several factors including: • Fair value of the underlying loan based on quoted prices in the secondary market, when available. • Value of servicing • Fall-out factor Level 3 recurring fair value measurement.
Schedule of fair value hierarchy measurement	The following tables presents the levels of the fair value hierarchy for the Company's assets and liabilities measured at fair value on a recurring basis. At March 31, 2021 (in thousands) Fair Value Level 1 Level 2 Level 3 Assets: Investment securities AFS Mortgage backed securities: Residential $ 43,238 $ — $ 40,828 $ 2,410 Commercial 43,025 — 43,025 — Collateralized mortgage obligations: Residential 230,498 — 230,498 — Commercial 152,151 — 152,151 — Municipal bonds 561,011 — 561,011 — Corporate debt securities 14,936 — 14,856 80 Single family LHFS 241,600 — 241,600 — Single family LHFI 4,324 — — 4,324 Single family mortgage servicing rights 62,352 — — 62,352 Derivatives Eurodollar futures 6 6 — — Forward sale commitments 13,509 — 13,509 — Interest rate lock commitments 6,686 — 6,686 Interest rate swaps 8,182 — 8,182 — Total assets $ 1,381,518 $ 6 $ 1,305,660 $ 75,852 Liabilities: Derivatives Forward sale commitments $ 6,215 $ — $ 6,215 $ — Interest rate lock commitments 198 — — 198 Interest rate swaps 16,784 — 16,784 Total liabilities $ 23,197 $ — $ 22,999 $ 198 At December 31, 2020 (in thousands) Fair Value Level 1 Level 2 Level 3 Assets: Investment securities AFS Mortgage backed securities: Residential $ 51,046 $ — $ 48,417 $ 2,629 Commercial 45,184 — 45,184 — Collateralized mortgage obligations: Residential 234,909 — 234,909 — Commercial 159,183 — 159,183 — Municipal bonds 564,703 — 564,703 — Corporate debt securities 15,222 — 15,141 81 Agency debentures 1,846 — 1,846 — Single family LHFS 194,643 — 194,643 — Single family LHFI 7,108 — — 7,108 Single family mortgage servicing rights 49,966 — — 49,966 Derivatives Forward sale commitments 1,035 — 1,035 — Interest rate lock commitments 17,395 — — 17,395 Interest rate swaps 17,459 — 17,459 — Total assets $ 1,359,699 $ — $ 1,282,520 $ 77,179 Liabilities: Derivatives Eurodollar futures $ 4 $ 4 $ — $ — Forward sale commitments 3,714 — 3,714 — Interest rate lock commitments 3 — — 3 Interest rate swaps 20,511 — 20,511 — Total liabilities $ 24,232 $ 4 $ 24,225 $ 3
Schedule of inputs used to measure fair value	The following information presents significant Level 3 unobservable inputs used to measure fair value of certain assets. (dollars in thousands) Fair Value Valuation Significant Unobservable Low High Weighted Average March 31, 2021 Investment securities AFS $ 2,490 Income approach Implied spread to benchmark interest rate curve 2.00% 2.00% 2.00% Single family LHFI 4,324 Income approach Implied spread to benchmark interest rate curve 3.98% 9.53% 5.83% Interest rate lock commitments, net 6,488 Income approach Fall-out factor 0.29% 21.00% 9.54% Value of servicing 0.36% 1.47% 1.16% December 31, 2020 Investment securities AFS $ 2,710 Income approach Implied spread to benchmark interest rate curve 2.00% 2.00% 2.00% Single family LHFI 7,108 Income approach Implied spread to benchmark interest rate curve 3.96% 10.64% 6.23% Interest rate lock commitments, net 17,392 Income approach Fall-out factor 1.97% 38.38% 15.53% Value of servicing 0.41% 1.44% 0.97%
Schedule of fair value changes and activity for Level 3	The following table presents fair value changes and activity for certain Level 3 assets. Beginning balance Additions Transfers Payoffs/Sales Change in mark to market (1) Ending balance (in thousands) Quarter Ended March 31, 2021 Investment securities AFS $ 2,710 $ — $ — $ (48) $ (172) $ 2,490 Single family LHFI 7,108 360 — (3,191) 47 4,324 Quarter Ended March 31, 2020 Investment securities AFS $ 1,952 $ 985 $ — $ (291) $ 239 $ 2,885 Single family LHFI 3,468 1,679 — (247) 26 4,926 (1) Changes in fair value for single LHFI are recorded in other noninterest income on the consolidated income statement. The following table presents fair value changes and activity for Level 3 interest rate lock and purchase loan commitments. Quarter Ended March 31, (in thousands) 2021 2020 Beginning balance, net $ 17,392 $ 2,223 Total realized/unrealized gains (losses) (3,469) 15,762 Settlements (7,435) (4,483) Ending balance, net $ 6,488 $ 13,502
Schedule of assets that had changes in their recorded fair value	The following table present assets classified as Level 3 assets that had changes in their recorded fair value during the quarter ended March 31, 2020 and what we still held at the end of the respective reporting period. (in thousands) Fair Value Total Gains (Losses) At or for the Quarter Ended March 31, 2020 LHFI (1) $ 890 $ 113 (1) Represents the carrying value of loans for which adjustments are based on the fair value of the collateral.
Schedule of the fair value hierarchy	The following presents the carrying value, estimated fair value and the levels of the fair value hierarchy for the Company's financial instruments other than assets and liabilities measured at fair value on a recurring basis. At March 31, 2021 (in thousands) Carrying Fair Level 1 Level 2 Level 3 Assets: Cash and cash equivalents $ 69,101 $ 69,101 $ 69,101 $ — $ — Investment securities HTM 4,246 4,431 — 4,431 — LHFI 5,223,403 5,305,705 — — 5,305,705 LHFS – multifamily and other 148,623 151,946 — 151,946 — Mortgage servicing rights – multifamily 39,626 41,882 — — 41,882 Federal Home Loan Bank stock 9,851 9,851 — 9,851 — Other assets - GNMA EBO loans 82,174 82,174 — — 82,174 Liabilities: Certificates of deposit $ 1,178,714 $ 1,180,956 $ — $ 1,180,956 $ — Borrowings 84,500 84,500 84,500 Long-term debt 125,885 116,395 — 116,395 — At December 31, 2020 (in thousands) Carrying Fair Level 1 Level 2 Level 3 Assets: Cash and cash equivalents $ 58,049 $ 58,049 $ 58,049 $ — $ — Investment securities HTM 4,271 4,507 — 4,507 — LHFI 5,172,778 5,327,711 — — 5,327,711 LHFS – multifamily and other 167,289 167,289 — 167,289 — Mortgage servicing rights – multifamily 35,774 38,423 — — 38,423 Federal Home Loan Bank stock 20,319 20,319 — 20,319 — Other assets-GNMA EBO loans 101,750 101,750 — — 101,750 Liabilities: Certificates of deposit $ 1,139,807 $ 1,143,747 $ — $ 1,143,747 $ — Borrowings 322,800 322,876 — 322,876 — Long-term debt 125,838 116,893 — 116,893 —

EARNINGS PER SHARE - (Tables)

EARNINGS PER SHARE - (Tables)	3 Months Ended
	Mar. 31, 2021
Earnings Per Share [Abstract]
Schedule of earnings per share, basic and diluted	The following table summarizes the calculation of earnings per share. Quarter Ended March 31, (in thousands, except share and per share data) 2021 2020 EPS numerator: Net income $ 29,663 $ 7,139 EPS denominator: Weighted average shares: Basic weighted-average number of common shares outstanding 21,637,671 23,688,930 Dilutive effect of outstanding common stock equivalents 324,157 171,350 Diluted weighted-average number of common shares outstanding 21,961,828 23,860,280 Net income per share: Basic earnings per share $ 1.37 $ 0.30 Diluted earnings per share 1.35 0.30

RESTRUCTURING - (Tables)

RESTRUCTURING - (Tables)	3 Months Ended
	Mar. 31, 2021
Restructuring and Related Activities [Abstract]
Restructuring reserve rollforward	The following table summarizes the restructuring charges and the liability for restructuring costs still to be paid in the periods indicated: (in thousands) Facility-related costs Personnel-related costs Other costs Total Quarter ended March 31, 2020 activity Restructuring charges $ 580 $ 147 $ 488 $ 1,215 Costs paid or otherwise settled (575) (365) (522) (1,462) Balance, March 31, 2020 $ 1,240 $ 292 $ 125 $ 1,657 Quarter ended March 31, 2021 activity Costs paid or otherwise settled (233) (15) (116) (364) Balance, March 31, 2021 $ 2,630 $ 139 $ — $ 2,769

INVESTMENT SECURITIES - Unreali

INVESTMENT SECURITIES - Unrealized Gain/Loss on Investment (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
AFS
Amortized cost	$ 1,019,786	$ 1,027,338
Gross unrealized gains	31,152	45,568
Gross unrealized losses	(6,079)	(813)
Fair value	1,044,859	1,072,093
Residential mortgage-backed securities
AFS
Amortized cost	42,819	50,001
Gross unrealized gains	803	1,237
Gross unrealized losses	(384)	(192)
Fair value	43,238	51,046
Commercial mortgage-backed securities
AFS
Amortized cost	42,198	43,061
Gross unrealized gains	1,109	2,131
Gross unrealized losses	(282)	(8)
Fair value	43,025	45,184
Residential collateralized mortgage obligations
AFS
Amortized cost	227,257	228,685
Gross unrealized gains	4,871	6,319
Gross unrealized losses	(1,630)	(95)
Fair value	230,498	234,909
Commercial collateralized mortgage obligations
AFS
Amortized cost	150,775	155,645
Gross unrealized gains	2,217	3,719
Gross unrealized losses	(841)	(181)
Fair value	152,151	159,183
Municipal bonds
AFS
Amortized cost	542,608	533,719
Gross unrealized gains	21,345	31,321
Gross unrealized losses	(2,942)	(337)
Fair value	561,011	564,703
HTM
Amortized cost	4,246	4,271
Gross unrealized gains	185	236
Gross unrealized losses	0	0
Fair value	4,431	4,507
Corporate debt securities
AFS
Amortized cost	14,129	14,381
Gross unrealized gains	807	841
Gross unrealized losses	0	0
Fair value	$ 14,936	15,222
Agency debentures
AFS
Amortized cost		1,846
Gross unrealized gains		0
Gross unrealized losses		0
Fair value		$ 1,846

INVESTMENT SECURITIES - Continu

INVESTMENT SECURITIES - Continuous Unrealized Loss on Investment (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Debt Securities, Available-for-sale [Line Items]
Less than 12 months, Gross unrealized losses	$ (5,066)	$ (486)
Less than 12 months, Fair value	173,156	26,711
Twelve months or more, Gross unrealized losses	(1,013)	(327)
Twelve months or more, Fair value	20,013	16,790
Total, Gross unrealized losses	(6,079)	(813)
Total, Fair value	193,169	43,501
Residential mortgage-backed securities
Debt Securities, Available-for-sale [Line Items]
Less than 12 months, Gross unrealized losses	(114)	(7)
Less than 12 months, Fair value	4,725	1,196
Twelve months or more, Gross unrealized losses	(270)	(185)
Twelve months or more, Fair value	1,325	1,432
Total, Gross unrealized losses	(384)	(192)
Total, Fair value	6,050	2,628
Commercial mortgage-backed securities
Debt Securities, Available-for-sale [Line Items]
Less than 12 months, Gross unrealized losses	(282)	(8)
Less than 12 months, Fair value	16,968	925
Twelve months or more, Gross unrealized losses	0	0
Twelve months or more, Fair value	0	0
Total, Gross unrealized losses	(282)	(8)
Total, Fair value	16,968	925
Residential collateralized mortgage obligations
Debt Securities, Available-for-sale [Line Items]
Less than 12 months, Gross unrealized losses	(1,630)	(95)
Less than 12 months, Fair value	29,231	7,391
Twelve months or more, Gross unrealized losses	0	0
Twelve months or more, Fair value	0	0
Total, Gross unrealized losses	(1,630)	(95)
Total, Fair value	29,231	7,391
Commercial collateralized mortgage obligations
Debt Securities, Available-for-sale [Line Items]
Less than 12 months, Gross unrealized losses	(696)	(39)
Less than 12 months, Fair value	25,184	6,687
Twelve months or more, Gross unrealized losses	(145)	(142)
Twelve months or more, Fair value	15,355	15,358
Total, Gross unrealized losses	(841)	(181)
Total, Fair value	40,539	22,045
Municipal bonds
Debt Securities, Available-for-sale [Line Items]
Less than 12 months, Gross unrealized losses	(2,344)	(337)
Less than 12 months, Fair value	97,048	10,512
Twelve months or more, Gross unrealized losses	(598)	0
Twelve months or more, Fair value	3,333	0
Total, Gross unrealized losses	(2,942)	(337)
Total, Fair value	$ 100,381	$ 10,512

INVESTMENT SECURITIES - Narrati

INVESTMENT SECURITIES - Narrative (Details) - USD ($)	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Dec. 31, 2020
Debt Securities, Available-for-sale [Line Items]
Held-to-maturity securities, unrealized loss position	$ 0		$ 0
Tax exempt interest income on available-for-sale securities	$ 2,400,000	$ 2,300,000
Mortgage Backed Securities and Collateralized Mortgage Obligations
Debt Securities, Available-for-sale [Line Items]
Weighted average yield	1.86%		1.92%

INVESTMENT SECURITIES - Weighte

INVESTMENT SECURITIES - Weighted Average Yield (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
AFS
Total, Fair value	$ 1,044,859	$ 1,072,093
Total
AFS
Due within one year, Fair value	$ 1,735	$ 4,207
Weighted Average Yield, due within one year	4.57%	3.24%
Due in one through five years, Fair value	$ 21,791	$ 22,037
Weighted Average Yield, due after one year through five years	3.77%	3.80%
Due after five years through ten years, Fair value	$ 66,584	$ 67,476
Weighted Average Yield, due after five years through ten years	3.39%	3.45%
Due after 10 years, Fair value	$ 485,837	$ 488,051
Weighted Average Yield, due after ten years	3.24%	3.29%
Total, Fair value	$ 575,947	$ 581,771
Weighted Average Yield, Total	3.28%	3.33%
Municipal bonds
AFS
Due within one year, Fair value	$ 1,735	$ 4,024
Weighted Average Yield, due within one year	4.57%	3.19%
Due in one through five years, Fair value	$ 14,787	$ 14,978
Weighted Average Yield, due after one year through five years	3.79%	3.82%
Due after five years through ten years, Fair value	$ 58,652	$ 59,496
Weighted Average Yield, due after five years through ten years	3.20%	3.26%
Due after 10 years, Fair value	$ 485,837	$ 486,205
Weighted Average Yield, due after ten years	3.24%	3.29%
Total, Fair value	$ 561,011	$ 564,703
Weighted Average Yield, Total	3.26%	3.30%
HTM
Due within one year, Fair value	$ 0	$ 0
Weighted Average Yield, due within one year	0.00%	0.00%
Due in one through five years, Fair value	$ 4,431	$ 4,507
Weighted Average Yield, due after one year through five years	2.44%	2.47%
Due after five years through ten years, Fair value	$ 0	$ 0
Weighted Average Yield, due after five years through ten years	0.00%	0.00%
Due after ten years, Fair value	$ 0	$ 0
Weighted Average Yield, due after ten years	0.00%	0.00%
Total, Fair value	$ 4,431	$ 4,507
Weighted Average Yield, Total	2.44%	2.47%
Corporate debt securities
AFS
Due within one year, Fair value	$ 0	$ 183
Weighted Average Yield, due within one year	0.00%	4.27%
Due in one through five years, Fair value	$ 7,004	$ 7,059
Weighted Average Yield, due after one year through five years	3.74%	3.74%
Due after five years through ten years, Fair value	$ 7,932	$ 7,980
Weighted Average Yield, due after five years through ten years	4.78%	4.78%
Due after 10 years, Fair value	$ 0	$ 0
Weighted Average Yield, due after ten years	0.00%	0.00%
Total, Fair value	$ 14,936	$ 15,222
Weighted Average Yield, Total	4.30%	4.30%
Agency debentures
AFS
Due within one year, Fair value		$ 0
Weighted Average Yield, due within one year		0.00%
Due in one through five years, Fair value		$ 0
Weighted Average Yield, due after one year through five years		0.00%
Due after five years through ten years, Fair value		$ 0
Weighted Average Yield, due after five years through ten years		0.00%
Due after 10 years, Fair value		$ 1,846
Weighted Average Yield, due after ten years		2.68%
Total, Fair value		$ 1,846
Weighted Average Yield, Total		2.68%

INVESTMENT SECURITIES - Realize

INVESTMENT SECURITIES - Realized Gain/Loss on Investment (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Investments, Debt and Equity Securities [Abstract]
Proceeds	$ 0	$ 33,792
Gross gains		745
Gross losses		$ (633)

INVESTMENT SECURITIES - Pledged

INVESTMENT SECURITIES - Pledged to Secure Borrowings And Public Deposits (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Investments, Debt and Equity Securities [Abstract]
Washington, Oregon and California State to secure public deposits	$ 163,248	$ 171,471
Other securities pledged	3,257	3,391
Total securities pledged as collateral	$ 166,505	$ 174,862

LOANS AND CREDIT QUALITY - Narr

LOANS AND CREDIT QUALITY - Narrative (Details) $ in Millions	3 Months Ended
	Mar. 31, 2021USD ($)portfolioSegmentloan	Dec. 31, 2020USD ($)
Financing Receivable, Impaired [Line Items]
Number of portfolio segments | portfolioSegment	2
Allowance for unfunded commitments	$ 2	$ 1.6
Accrued interest receivable	$ 21.1	$ 21.2
Number of days past due for consumer loans TDR to be re-default	60 days
Number of days past due for commercial loans TDR to be re-default	90 days
Loans granted forbearance, outstanding balance	$ 86
Number of loans granted forbearance | loan	195
California | Multifamily
Financing Receivable, Impaired [Line Items]
Percentage of loan portfolio	20.20%	18.50%
Federal Home Loan Bank Advances
Financing Receivable, Impaired [Line Items]
Loans pledged as collateral	$ 1,500	$ 1,400
Federal Reserve Bank Advances
Financing Receivable, Impaired [Line Items]
Loans pledged as collateral	$ 576	$ 569

LOANS AND CREDIT QUALITY - Loan

LOANS AND CREDIT QUALITY - Loans Held for Investment (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020	Mar. 31, 2020	Dec. 31, 2019
Loans held for investment
Total LHFI	$ 5,291,774	$ 5,244,180
Allowance for credit losses	(64,047)	(64,294)	$ (58,299)	$ (41,772)
Loans held for investment	5,227,727	5,179,886
Recurring
Loans held for investment
Fair value of loans held for investment	4,324	7,108
Recurring | Level 3
Loans held for investment
Fair value of loans held for investment	4,324	7,108
Commercial loans
Loans held for investment
Total LHFI	4,050,057
Commercial loans | Real Estate Sector
Loans held for investment
Total LHFI	2,819,553	2,811,325
Allowance for credit losses	(28,162)	(27,935)	(24,983)	(22,535)
Commercial loans | Commercial and Industrial Sector
Loans held for investment
Total LHFI	1,230,504	1,112,979
Allowance for credit losses	(22,371)	(22,037)	(12,321)	(6,554)
Commercial loans | Non-owner occupied commercial real estate
Loans held for investment
Total LHFI	766,002	829,538
Allowance for credit losses	(9,218)	(8,845)	(9,021)	(7,245)
Commercial loans | Multifamily
Loans held for investment
Total LHFI	1,521,349	1,428,092
Allowance for credit losses	(6,969)	(6,072)	(4,265)	(7,015)
Commercial loans | Construction/land development
Loans held for investment
Total LHFI	532,202	553,695
Commercial loans | Owner occupied commercial real estate
Loans held for investment
Total LHFI	473,273	467,256
Allowance for credit losses	(5,266)	(4,994)	(4,160)	(3,639)
Commercial loans | Commercial business
Loans held for investment
Total LHFI	757,231	645,723
Allowance for credit losses	(17,105)	(17,043)	(8,161)	(2,915)
Consumer loans
Loans held for investment
Total LHFI	1,241,717	1,319,876
Allowance for credit losses	(13,514)	(14,322)	(20,995)	(12,683)
Consumer loans | Single family
Loans held for investment
Total LHFI	875,417	915,123
Allowance for credit losses	(6,735)	(6,906)	(8,587)	(6,450)
Consumer loans | Home equity and other
Loans held for investment
Total LHFI	366,300	404,753
Allowance for credit losses	$ (6,779)	$ (7,416)	$ (12,408)	$ (6,233)

LOANS AND CREDIT QUALITY - Allo

LOANS AND CREDIT QUALITY - Allowance for Credit Losses (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Dec. 31, 2019
Financing Receivable, Allowance for Credit Loss [Line Items]
Accounting Standards Update [Extensible List]			us-gaap:AccountingStandardsUpdate201613Member
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	$ 64,294	$ 41,772
Provision for credit losses	(371)	14,655
Net (charge-offs) recoveries	124	29
Ending balance	64,047	58,299	$ 41,772
Allowance for unfunded commitments:
Beginning balance	1,588	1,065
Provision for credit losses	371	(655)
Ending balance	1,959	2,307	1,065
Total	$ 0	14,000
Cumulative Effect, Period of Adoption, Adjustment
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance		1,843
Ending balance			1,843
Allowance for unfunded commitments:
Beginning balance		$ 1,897
Ending balance			$ 1,897

LOANS AND CREDIT QUALITY - Acti

LOANS AND CREDIT QUALITY - Activity in Allowance for Credit Losses by Loan Portfolio (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Dec. 31, 2019
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounting Standards Update [Extensible List]			us-gaap:AccountingStandardsUpdate201613Member
Allowance for credit losses by loan portfolio
Beginning balance	$ 64,294	$ 41,772
Charge-offs	(126)	(360)
Recoveries	250	389
(Reversal of) Provision	(371)	14,655
Ending balance	64,047	58,299	$ 41,772
Cumulative Effect, Period of Adoption, Adjustment
Allowance for credit losses by loan portfolio
Beginning balance		1,843
Ending balance			1,843
Commercial loans
Allowance for credit losses by loan portfolio
Charge-offs	0
Recoveries	74
Commercial loans | Real Estate Sector
Allowance for credit losses by loan portfolio
Beginning balance	27,935	22,535
Charge-offs	0	0
Recoveries	0	163
(Reversal of) Provision	227	3,596
Ending balance	28,162	24,983	22,535
Commercial loans | Real Estate Sector | Cumulative Effect, Period of Adoption, Adjustment
Allowance for credit losses by loan portfolio
Beginning balance		(1,311)
Ending balance			(1,311)
Commercial loans | Commercial and Industrial Sector
Allowance for credit losses by loan portfolio
Beginning balance	22,037	6,554
Charge-offs	0	(143)
Recoveries	74	24
(Reversal of) Provision	260	7,835
Ending balance	22,371	12,321	6,554
Commercial loans | Commercial and Industrial Sector | Cumulative Effect, Period of Adoption, Adjustment
Allowance for credit losses by loan portfolio
Beginning balance		(1,949)
Ending balance			(1,949)
Commercial loans | Non-owner occupied commercial real estate
Allowance for credit losses by loan portfolio
Beginning balance	8,845	7,245
Charge-offs	0	0
Recoveries	0	0
(Reversal of) Provision	373	5,168
Ending balance	9,218	9,021	7,245
Commercial loans | Non-owner occupied commercial real estate | Cumulative Effect, Period of Adoption, Adjustment
Allowance for credit losses by loan portfolio
Beginning balance		(3,392)
Ending balance			(3,392)
Commercial loans | Multifamily
Allowance for credit losses by loan portfolio
Beginning balance	6,072	7,015
Charge-offs	0	0
Recoveries	0	0
(Reversal of) Provision	897	227
Ending balance	6,969	4,265	7,015
Commercial loans | Multifamily | Cumulative Effect, Period of Adoption, Adjustment
Allowance for credit losses by loan portfolio
Beginning balance		(2,977)
Ending balance			(2,977)
Commercial loans | Multifamily construction
Allowance for credit losses by loan portfolio
Beginning balance	4,903	2,848
Charge-offs	0	0
Recoveries	0	0
(Reversal of) Provision	(967)	(323)
Ending balance	3,936	3,218	2,848
Commercial loans | Multifamily construction | Cumulative Effect, Period of Adoption, Adjustment
Allowance for credit losses by loan portfolio
Beginning balance		693
Ending balance			693
Commercial loans | Commercial real estate construction
Allowance for credit losses by loan portfolio
Beginning balance	1,670	624
Charge-offs	0	0
Recoveries	0	0
(Reversal of) Provision	238	(127)
Ending balance	1,908	382	624
Commercial loans | Commercial real estate construction | Cumulative Effect, Period of Adoption, Adjustment
Allowance for credit losses by loan portfolio
Beginning balance		(115)
Ending balance			(115)
Commercial loans | Single family construction
Allowance for credit losses by loan portfolio
Beginning balance	5,130	3,800
Charge-offs	0	0
Recoveries	0	163
(Reversal of) Provision	(123)	(1,658)
Ending balance	5,007	6,585	3,800
Commercial loans | Single family construction | Cumulative Effect, Period of Adoption, Adjustment
Allowance for credit losses by loan portfolio
Beginning balance		4,280
Ending balance			4,280
Commercial loans | Single family construction to permanent
Allowance for credit losses by loan portfolio
Beginning balance	1,315	1,003
Charge-offs	0	0
Recoveries	0	0
(Reversal of) Provision	(191)	309
Ending balance	1,124	1,512	1,003
Commercial loans | Single family construction to permanent | Cumulative Effect, Period of Adoption, Adjustment
Allowance for credit losses by loan portfolio
Beginning balance		200
Ending balance			200
Commercial loans | Owner occupied commercial real estate
Allowance for credit losses by loan portfolio
Beginning balance	4,994	3,639
Charge-offs	0	0
Recoveries	0	0
(Reversal of) Provision	272	2,980
Ending balance	5,266	4,160	3,639
Commercial loans | Owner occupied commercial real estate | Cumulative Effect, Period of Adoption, Adjustment
Allowance for credit losses by loan portfolio
Beginning balance		(2,459)
Ending balance			(2,459)
Commercial loans | Commercial business
Allowance for credit losses by loan portfolio
Beginning balance	17,043	2,915
Charge-offs	0	(143)
Recoveries	74	24
(Reversal of) Provision	(12)	4,855
Ending balance	17,105	8,161	2,915
Commercial loans | Commercial business | Cumulative Effect, Period of Adoption, Adjustment
Allowance for credit losses by loan portfolio
Beginning balance		510
Ending balance			510
Consumer loans
Allowance for credit losses by loan portfolio
Beginning balance	14,322	12,683
Charge-offs	(126)	(217)
Recoveries	176	202
(Reversal of) Provision	(858)	3,224
Ending balance	13,514	20,995	12,683
Consumer loans | Cumulative Effect, Period of Adoption, Adjustment
Allowance for credit losses by loan portfolio
Beginning balance		5,103
Ending balance			5,103
Consumer loans | Single family
Allowance for credit losses by loan portfolio
Beginning balance	6,906	6,450
Charge-offs	(70)	0
Recoveries	120	53
(Reversal of) Provision	(221)	1,616
Ending balance	6,735	8,587	6,450
Consumer loans | Single family | Cumulative Effect, Period of Adoption, Adjustment
Allowance for credit losses by loan portfolio
Beginning balance		468
Ending balance			468
Consumer loans | Home equity and other
Allowance for credit losses by loan portfolio
Beginning balance	7,416	6,233
Charge-offs	(56)	(217)
Recoveries	56	149
(Reversal of) Provision	(637)	1,608
Ending balance	$ 6,779	12,408	6,233
Consumer loans | Home equity and other | Cumulative Effect, Period of Adoption, Adjustment
Allowance for credit losses by loan portfolio
Beginning balance		$ 4,635
Ending balance			$ 4,635

LOANS AND CREDIT QUALITY - Lo_2

LOANS AND CREDIT QUALITY - Loans Credit Quality by Year and Type (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Dec. 31, 2020
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, originated in 2021	$ 557,449
Financing receivable, originated in 2020	1,375,522
Financing receivable, originated in 2019	848,237
Financing receivable, originated in 2018	535,943
Financing receivable, originated in 2017	437,808
Financing receivable, originated in 2016 and prior	983,540
Financing receivable, revolving	537,661
Financing receivable, revolving, term	15,614
Total	5,291,774		$ 5,244,180
Financing receivable, originated in 2021, allowance for credit loss, charge-offs	0
Financing receivable, originated in 2020, allowance for credit loss, charge-offs	(1)
Financing receivable, originated in 2019, allowance for credit loss, charge-offs	(16)
Financing receivable, originated in 2018, allowance for credit loss, charge-offs	(38)
Financing receivable, originated in 2017, allowance for credit loss, charge-offs	(24)
Financing receivable, originated in 2016 and prior, allowance for credit loss, charge-offs	(8)
Financing receivable, revolving, allowance for credit loss, charge-offs	(39)
Financing receivable, revolving, term, allowance for credit loss, charge-offs	0
Financing receivable, allowance for credit loss, charge-offs	(126)	$ (360)
Financing receivable, originated in 2021, allowance for credit loss, recoveries	0
Financing receivable, originated in 2020, allowance for credit loss, recoveries	0
Financing receivable, originated in 2019, allowance for credit loss, recoveries	4
Financing receivable, originated in 2018, allowance for credit loss, recoveries	2
Financing receivable, originated in 2017, allowance for credit loss, recoveries	0
Financing receivable, originated in 2016 and prior, allowance for credit loss, recoveries	230
Financing receivable, revolving, allowance for credit loss, recoveries	14
Financing receivable, revolving, term, allowance for credit loss, recoveries	0
Financing receivable, allowance for credit loss, recoveries	250	389
Financing receivable, originated in 2021, allowance for credit loss, (charge-offs) recoveries	0
Financing receivable, originated in 2020, allowance for credit loss, (charge-offs) recoveries	(1)
Financing receivable, originated in 2019, allowance for credit loss, (charge-offs) recoveries	(12)
Financing receivable, originated in 2018, allowance for credit loss, (charge-offs) recoveries	(36)
Financing receivable, originated in 2017, allowance for credit loss, (charge-offs) recoveries	(24)
Financing receivable, originated in 2016 and prior, allowance for credit loss, (charge-offs) recoveries	222
Financing receivable, revolving, allowance for credit loss, (charge-offs) recoveries	(25)
Financing receivable, revolving, term, allowance for credit loss, (charge-offs) recoveries	0
Financing receivable, allowance for credit loss, (charge-offs) recoveries	124	29
Recurring
Financing Receivable, Credit Quality Indicator [Line Items]
Fair value of loans held for investment	4,324		7,108
Level 3 | Recurring
Financing Receivable, Credit Quality Indicator [Line Items]
Fair value of loans held for investment	4,324		7,108
Commercial loans
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, originated in 2021	521,555
Financing receivable, originated in 2020	1,200,652
Financing receivable, originated in 2019	734,680
Financing receivable, originated in 2018	391,963
Financing receivable, originated in 2017	298,411
Financing receivable, originated in 2016 and prior	706,470
Financing receivable, revolving	188,354
Financing receivable, revolving, term	7,972
Total	4,050,057
Financing receivable, originated in 2021, allowance for credit loss, charge-offs	0
Financing receivable, originated in 2020, allowance for credit loss, charge-offs	0
Financing receivable, originated in 2019, allowance for credit loss, charge-offs	0
Financing receivable, originated in 2018, allowance for credit loss, charge-offs	0
Financing receivable, originated in 2017, allowance for credit loss, charge-offs	0
Financing receivable, originated in 2016 and prior, allowance for credit loss, charge-offs	0
Financing receivable, revolving, allowance for credit loss, charge-offs	0
Financing receivable, revolving, term, allowance for credit loss, charge-offs	0
Financing receivable, allowance for credit loss, charge-offs	0
Financing receivable, originated in 2021, allowance for credit loss, recoveries	0
Financing receivable, originated in 2020, allowance for credit loss, recoveries	0
Financing receivable, originated in 2019, allowance for credit loss, recoveries	0
Financing receivable, originated in 2018, allowance for credit loss, recoveries	0
Financing receivable, originated in 2017, allowance for credit loss, recoveries	0
Financing receivable, originated in 2016 and prior, allowance for credit loss, recoveries	74
Financing receivable, revolving, allowance for credit loss, recoveries	0
Financing receivable, revolving, term, allowance for credit loss, recoveries	0
Financing receivable, allowance for credit loss, recoveries	74
Financing receivable, originated in 2021, allowance for credit loss, (charge-offs) recoveries	0
Financing receivable, originated in 2020, allowance for credit loss, (charge-offs) recoveries	0
Financing receivable, originated in 2019, allowance for credit loss, (charge-offs) recoveries	0
Financing receivable, originated in 2018, allowance for credit loss, (charge-offs) recoveries	0
Financing receivable, originated in 2017, allowance for credit loss, (charge-offs) recoveries	0
Financing receivable, originated in 2016 and prior, allowance for credit loss, (charge-offs) recoveries	74
Financing receivable, revolving, allowance for credit loss, (charge-offs) recoveries	0
Financing receivable, revolving, term, allowance for credit loss, (charge-offs) recoveries	0
Financing receivable, allowance for credit loss, (charge-offs) recoveries	74
Commercial loans | Non-owner occupied commercial real estate
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, originated in 2021	8,218
Financing receivable, originated in 2020	51,510
Financing receivable, originated in 2019	175,601
Financing receivable, originated in 2018	142,870
Financing receivable, originated in 2017	125,194
Financing receivable, originated in 2016 and prior	260,667
Financing receivable, revolving	956
Financing receivable, revolving, term	986
Total	766,002		829,538
Financing receivable, allowance for credit loss, charge-offs	0	0
Financing receivable, allowance for credit loss, recoveries	0	0
Commercial loans | Non-owner occupied commercial real estate | 1-6 Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, originated in 2021	8,218
Financing receivable, originated in 2020	51,510
Financing receivable, originated in 2019	175,601
Financing receivable, originated in 2018	142,870
Financing receivable, originated in 2017	125,194
Financing receivable, originated in 2016 and prior	258,427
Financing receivable, revolving	956
Financing receivable, revolving, term	986
Total	763,762
Commercial loans | Non-owner occupied commercial real estate | 7- Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, originated in 2021	0
Financing receivable, originated in 2020	0
Financing receivable, originated in 2019	0
Financing receivable, originated in 2018	0
Financing receivable, originated in 2017	0
Financing receivable, originated in 2016 and prior	2,240
Financing receivable, revolving	0
Financing receivable, revolving, term	0
Total	2,240
Commercial loans | Non-owner occupied commercial real estate | 8 - Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, originated in 2021	0
Financing receivable, originated in 2020	0
Financing receivable, originated in 2019	0
Financing receivable, originated in 2018	0
Financing receivable, originated in 2017	0
Financing receivable, originated in 2016 and prior	0
Financing receivable, revolving	0
Financing receivable, revolving, term	0
Total	0
Commercial loans | Multifamily
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, originated in 2021	284,229
Financing receivable, originated in 2020	596,560
Financing receivable, originated in 2019	303,960
Financing receivable, originated in 2018	72,892
Financing receivable, originated in 2017	30,232
Financing receivable, originated in 2016 and prior	233,376
Financing receivable, revolving	100
Financing receivable, revolving, term	0
Total	1,521,349		1,428,092
Financing receivable, allowance for credit loss, charge-offs	0	0
Financing receivable, allowance for credit loss, recoveries	0	0
Commercial loans | Multifamily | 1-6 Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, originated in 2021	284,229
Financing receivable, originated in 2020	592,391
Financing receivable, originated in 2019	303,960
Financing receivable, originated in 2018	72,892
Financing receivable, originated in 2017	30,232
Financing receivable, originated in 2016 and prior	233,376
Financing receivable, revolving	100
Financing receivable, revolving, term	0
Total	1,517,180
Commercial loans | Multifamily | 7- Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, originated in 2021	0
Financing receivable, originated in 2020	4,169
Financing receivable, originated in 2019	0
Financing receivable, originated in 2018	0
Financing receivable, originated in 2017	0
Financing receivable, originated in 2016 and prior	0
Financing receivable, revolving	0
Financing receivable, revolving, term	0
Total	4,169
Commercial loans | Multifamily | 8 - Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, originated in 2021	0
Financing receivable, originated in 2020	0
Financing receivable, originated in 2019	0
Financing receivable, originated in 2018	0
Financing receivable, originated in 2017	0
Financing receivable, originated in 2016 and prior	0
Financing receivable, revolving	0
Financing receivable, revolving, term	0
Total	0
Commercial loans | Multifamily construction
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, originated in 2021	0
Financing receivable, originated in 2020	16,233
Financing receivable, originated in 2019	17,650
Financing receivable, originated in 2018	45,502
Financing receivable, originated in 2017	0
Financing receivable, originated in 2016 and prior	27,395
Financing receivable, revolving	0
Financing receivable, revolving, term	0
Total	106,780		115,329
Financing receivable, allowance for credit loss, charge-offs	0	0
Financing receivable, allowance for credit loss, recoveries	0	0
Commercial loans | Multifamily construction | 1-6 Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, originated in 2021	0
Financing receivable, originated in 2020	16,233
Financing receivable, originated in 2019	17,650
Financing receivable, originated in 2018	45,502
Financing receivable, originated in 2017	0
Financing receivable, originated in 2016 and prior	0
Financing receivable, revolving	0
Financing receivable, revolving, term	0
Total	79,385
Commercial loans | Multifamily construction | 7- Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, originated in 2021	0
Financing receivable, originated in 2020	0
Financing receivable, originated in 2019	0
Financing receivable, originated in 2018	0
Financing receivable, originated in 2017	0
Financing receivable, originated in 2016 and prior	27,395
Financing receivable, revolving	0
Financing receivable, revolving, term	0
Total	27,395
Commercial loans | Multifamily construction | 8 - Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, originated in 2021	0
Financing receivable, originated in 2020	0
Financing receivable, originated in 2019	0
Financing receivable, originated in 2018	0
Financing receivable, originated in 2017	0
Financing receivable, originated in 2016 and prior	0
Financing receivable, revolving	0
Financing receivable, revolving, term	0
Total	0
Commercial loans | Commercial real estate construction
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, originated in 2021	0
Financing receivable, originated in 2020	3,962
Financing receivable, originated in 2019	0
Financing receivable, originated in 2018	2,069
Financing receivable, originated in 2017	15,527
Financing receivable, originated in 2016 and prior	583
Financing receivable, revolving	6,469
Financing receivable, revolving, term	0
Total	28,610		27,285
Financing receivable, allowance for credit loss, charge-offs	0	0
Financing receivable, allowance for credit loss, recoveries	0	0
Commercial loans | Commercial real estate construction | 1-6 Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, originated in 2021	0
Financing receivable, originated in 2020	3,962
Financing receivable, originated in 2019	0
Financing receivable, originated in 2018	2,069
Financing receivable, originated in 2017	15,527
Financing receivable, originated in 2016 and prior	583
Financing receivable, revolving	6,469
Financing receivable, revolving, term	0
Total	28,610
Commercial loans | Commercial real estate construction | 7- Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, originated in 2021	0
Financing receivable, originated in 2020	0
Financing receivable, originated in 2019	0
Financing receivable, originated in 2018	0
Financing receivable, originated in 2017	0
Financing receivable, originated in 2016 and prior	0
Financing receivable, revolving	0
Financing receivable, revolving, term	0
Total	0
Commercial loans | Commercial real estate construction | 8 - Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, originated in 2021	0
Financing receivable, originated in 2020	0
Financing receivable, originated in 2019	0
Financing receivable, originated in 2018	0
Financing receivable, originated in 2017	0
Financing receivable, originated in 2016 and prior	0
Financing receivable, revolving	0
Financing receivable, revolving, term	0
Total	0
Commercial loans | Single family construction
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, originated in 2021	48,025
Financing receivable, originated in 2020	92,914
Financing receivable, originated in 2019	41,299
Financing receivable, originated in 2018	9,255
Financing receivable, originated in 2017	0
Financing receivable, originated in 2016 and prior	79
Financing receivable, revolving	77,929
Financing receivable, revolving, term	0
Total	269,501		259,170
Financing receivable, allowance for credit loss, charge-offs	0	0
Financing receivable, allowance for credit loss, recoveries	0	163
Commercial loans | Single family construction | 1-6 Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, originated in 2021	48,025
Financing receivable, originated in 2020	92,914
Financing receivable, originated in 2019	41,299
Financing receivable, originated in 2018	9,255
Financing receivable, originated in 2017	0
Financing receivable, originated in 2016 and prior	79
Financing receivable, revolving	77,929
Financing receivable, revolving, term	0
Total	269,501
Commercial loans | Single family construction | 7- Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, originated in 2021	0
Financing receivable, originated in 2020	0
Financing receivable, originated in 2019	0
Financing receivable, originated in 2018	0
Financing receivable, originated in 2017	0
Financing receivable, originated in 2016 and prior	0
Financing receivable, revolving	0
Financing receivable, revolving, term	0
Total	0
Commercial loans | Single family construction | 8 - Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, originated in 2021	0
Financing receivable, originated in 2020	0
Financing receivable, originated in 2019	0
Financing receivable, originated in 2018	0
Financing receivable, originated in 2017	0
Financing receivable, originated in 2016 and prior	0
Financing receivable, revolving	0
Financing receivable, revolving, term	0
Total	0
Commercial loans | Single family construction to permanent
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, originated in 2021	11,230
Financing receivable, originated in 2020	63,159
Financing receivable, originated in 2019	46,239
Financing receivable, originated in 2018	5,995
Financing receivable, originated in 2017	688
Financing receivable, originated in 2016 and prior			0
Financing receivable, revolving			0
Financing receivable, revolving, term			0
Total	127,311		151,911
Financing receivable, allowance for credit loss, charge-offs	0	0
Financing receivable, allowance for credit loss, recoveries	0	0
Commercial loans | Single family construction to permanent | Current
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, originated in 2021	11,230
Financing receivable, originated in 2020	63,159
Financing receivable, originated in 2019	46,239
Financing receivable, originated in 2018	5,995
Financing receivable, originated in 2017	688
Financing receivable, originated in 2016 and prior	0
Financing receivable, revolving	0
Financing receivable, revolving, term	0
Total	127,311
Commercial loans | Single family construction to permanent | 30-59 days
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, originated in 2021	0
Financing receivable, originated in 2020	0
Financing receivable, originated in 2019	0
Financing receivable, originated in 2018	0
Financing receivable, originated in 2017	0
Financing receivable, originated in 2016 and prior	0
Financing receivable, revolving	0
Financing receivable, revolving, term	0
Total	0
Commercial loans | Single family construction to permanent | 60-89 days
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, originated in 2021	0
Financing receivable, originated in 2020	0
Financing receivable, originated in 2019	0
Financing receivable, originated in 2018	0
Financing receivable, originated in 2017	0
Financing receivable, originated in 2016 and prior	0
Financing receivable, revolving	0
Financing receivable, revolving, term	0
Total	0
Commercial loans | Single family construction to permanent | 90+ days
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, originated in 2021	0
Financing receivable, originated in 2020	0
Financing receivable, originated in 2019	0
Financing receivable, originated in 2018	0
Financing receivable, originated in 2017	0
Financing receivable, originated in 2016 and prior	0
Financing receivable, revolving	0
Financing receivable, revolving, term	0
Total	0
Commercial loans | Single family construction to permanent, adjusted for credit analysis
Financing Receivable, Credit Quality Indicator [Line Items]
Total	127,311
Commercial loans | Owner occupied commercial real estate
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, originated in 2021	31,113
Financing receivable, originated in 2020	50,309
Financing receivable, originated in 2019	79,357
Financing receivable, originated in 2018	59,800
Financing receivable, originated in 2017	97,595
Financing receivable, originated in 2016 and prior	150,736
Financing receivable, revolving	(2)
Financing receivable, revolving, term	4,365
Total	473,273		467,256
Financing receivable, allowance for credit loss, charge-offs	0	0
Financing receivable, allowance for credit loss, recoveries	0	0
Commercial loans | Owner occupied commercial real estate | 1-6 Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, originated in 2021	31,113
Financing receivable, originated in 2020	50,309
Financing receivable, originated in 2019	60,212
Financing receivable, originated in 2018	56,448
Financing receivable, originated in 2017	80,832
Financing receivable, originated in 2016 and prior	130,457
Financing receivable, revolving	(2)
Financing receivable, revolving, term	4,298
Total	413,667
Commercial loans | Owner occupied commercial real estate | 7- Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, originated in 2021	0
Financing receivable, originated in 2020	0
Financing receivable, originated in 2019	0
Financing receivable, originated in 2018	2,241
Financing receivable, originated in 2017	6,066
Financing receivable, originated in 2016 and prior	409
Financing receivable, revolving	0
Financing receivable, revolving, term	67
Total	8,783
Commercial loans | Owner occupied commercial real estate | 8 - Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, originated in 2021	0
Financing receivable, originated in 2020	0
Financing receivable, originated in 2019	19,145
Financing receivable, originated in 2018	1,111
Financing receivable, originated in 2017	10,697
Financing receivable, originated in 2016 and prior	19,870
Financing receivable, revolving	0
Financing receivable, revolving, term	0
Total	50,823
Commercial loans | Commercial business
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, originated in 2021	138,740
Financing receivable, originated in 2020	326,005
Financing receivable, originated in 2019	70,574
Financing receivable, originated in 2018	53,580
Financing receivable, originated in 2017	29,175
Financing receivable, originated in 2016 and prior	33,634
Financing receivable, revolving	102,902
Financing receivable, revolving, term	2,621
Total	757,231		645,723
Financing receivable, originated in 2021, allowance for credit loss, charge-offs	0
Financing receivable, originated in 2020, allowance for credit loss, charge-offs	0
Financing receivable, originated in 2019, allowance for credit loss, charge-offs	0
Financing receivable, originated in 2018, allowance for credit loss, charge-offs	0
Financing receivable, originated in 2017, allowance for credit loss, charge-offs	0
Financing receivable, originated in 2016 and prior, allowance for credit loss, charge-offs	0
Financing receivable, revolving, allowance for credit loss, charge-offs	0
Financing receivable, revolving, term, allowance for credit loss, charge-offs	0
Financing receivable, allowance for credit loss, charge-offs	0	(143)
Financing receivable, originated in 2021, allowance for credit loss, recoveries	0
Financing receivable, originated in 2020, allowance for credit loss, recoveries	0
Financing receivable, originated in 2019, allowance for credit loss, recoveries	0
Financing receivable, originated in 2018, allowance for credit loss, recoveries	0
Financing receivable, originated in 2017, allowance for credit loss, recoveries	0
Financing receivable, originated in 2016 and prior, allowance for credit loss, recoveries	74
Financing receivable, revolving, allowance for credit loss, recoveries	0
Financing receivable, revolving, term, allowance for credit loss, recoveries	0
Financing receivable, allowance for credit loss, recoveries	74	24
Financing receivable, originated in 2021, allowance for credit loss, (charge-offs) recoveries	0
Financing receivable, originated in 2020, allowance for credit loss, (charge-offs) recoveries	0
Financing receivable, originated in 2019, allowance for credit loss, (charge-offs) recoveries	0
Financing receivable, originated in 2018, allowance for credit loss, (charge-offs) recoveries	0
Financing receivable, originated in 2017, allowance for credit loss, (charge-offs) recoveries	0
Financing receivable, originated in 2016 and prior, allowance for credit loss, (charge-offs) recoveries	74
Financing receivable, revolving, allowance for credit loss, (charge-offs) recoveries	0
Financing receivable, revolving, term, allowance for credit loss, (charge-offs) recoveries	0
Financing receivable, allowance for credit loss, (charge-offs) recoveries	74
Commercial loans | Commercial business | 1-6 Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, originated in 2021	138,740
Financing receivable, originated in 2020	326,005
Financing receivable, originated in 2019	54,143
Financing receivable, originated in 2018	42,042
Financing receivable, originated in 2017	20,677
Financing receivable, originated in 2016 and prior	30,725
Financing receivable, revolving	92,346
Financing receivable, revolving, term	2,351
Total	707,029
Commercial loans | Commercial business | 7- Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, originated in 2021	0
Financing receivable, originated in 2020	0
Financing receivable, originated in 2019	9,936
Financing receivable, originated in 2018	1,647
Financing receivable, originated in 2017	6,385
Financing receivable, originated in 2016 and prior	0
Financing receivable, revolving	1,507
Financing receivable, revolving, term	158
Total	19,633
Commercial loans | Commercial business | 8 - Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, originated in 2021	0
Financing receivable, originated in 2020	0
Financing receivable, originated in 2019	6,495
Financing receivable, originated in 2018	9,891
Financing receivable, originated in 2017	2,113
Financing receivable, originated in 2016 and prior	2,909
Financing receivable, revolving	9,049
Financing receivable, revolving, term	112
Total	30,569
Consumer loans
Financing Receivable, Credit Quality Indicator [Line Items]
Total	1,241,717		1,319,876
Financing receivable, originated in 2021, allowance for credit loss, charge-offs	0
Financing receivable, originated in 2020, allowance for credit loss, charge-offs	(1)
Financing receivable, originated in 2019, allowance for credit loss, charge-offs	(16)
Financing receivable, originated in 2018, allowance for credit loss, charge-offs	(38)
Financing receivable, originated in 2017, allowance for credit loss, charge-offs	(24)
Financing receivable, originated in 2016 and prior, allowance for credit loss, charge-offs	(8)
Financing receivable, revolving, allowance for credit loss, charge-offs	(39)
Financing receivable, revolving, term, allowance for credit loss, charge-offs	0
Financing receivable, allowance for credit loss, charge-offs	(126)	(217)
Financing receivable, originated in 2021, allowance for credit loss, recoveries	0
Financing receivable, originated in 2020, allowance for credit loss, recoveries	0
Financing receivable, originated in 2019, allowance for credit loss, recoveries	4
Financing receivable, originated in 2018, allowance for credit loss, recoveries	2
Financing receivable, originated in 2017, allowance for credit loss, recoveries	0
Financing receivable, originated in 2016 and prior, allowance for credit loss, recoveries	156
Financing receivable, revolving, allowance for credit loss, recoveries	14
Financing receivable, revolving, term, allowance for credit loss, recoveries	0
Financing receivable, allowance for credit loss, recoveries	176	202
Financing receivable, originated in 2021, allowance for credit loss, (charge-offs) recoveries	0
Financing receivable, originated in 2020, allowance for credit loss, (charge-offs) recoveries	(1)
Financing receivable, originated in 2019, allowance for credit loss, (charge-offs) recoveries	(12)
Financing receivable, originated in 2018, allowance for credit loss, (charge-offs) recoveries	(36)
Financing receivable, originated in 2017, allowance for credit loss, (charge-offs) recoveries	(24)
Financing receivable, originated in 2016 and prior, allowance for credit loss, (charge-offs) recoveries	148
Financing receivable, revolving, allowance for credit loss, (charge-offs) recoveries	(25)
Financing receivable, revolving, term, allowance for credit loss, (charge-offs) recoveries	0
Financing receivable, allowance for credit loss, (charge-offs) recoveries	50
Consumer loans | Single family
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, originated in 2021	35,295
Financing receivable, originated in 2020	173,518
Financing receivable, originated in 2019	112,606
Financing receivable, originated in 2018	143,023
Financing receivable, originated in 2017	138,645
Financing receivable, originated in 2016 and prior	272,330
Financing receivable, revolving	0
Financing receivable, revolving, term	0
Total	875,417		915,123
Financing receivable, originated in 2021, allowance for credit loss, charge-offs	0
Financing receivable, originated in 2020, allowance for credit loss, charge-offs	0
Financing receivable, originated in 2019, allowance for credit loss, charge-offs	0
Financing receivable, originated in 2018, allowance for credit loss, charge-offs	(38)
Financing receivable, originated in 2017, allowance for credit loss, charge-offs	(24)
Financing receivable, originated in 2016 and prior, allowance for credit loss, charge-offs	(8)
Financing receivable, revolving, allowance for credit loss, charge-offs	0
Financing receivable, revolving, term, allowance for credit loss, charge-offs	0
Financing receivable, allowance for credit loss, charge-offs	(70)	0
Financing receivable, originated in 2021, allowance for credit loss, recoveries	0
Financing receivable, originated in 2020, allowance for credit loss, recoveries	0
Financing receivable, originated in 2019, allowance for credit loss, recoveries	0
Financing receivable, originated in 2018, allowance for credit loss, recoveries	0
Financing receivable, originated in 2017, allowance for credit loss, recoveries	0
Financing receivable, originated in 2016 and prior, allowance for credit loss, recoveries	120
Financing receivable, revolving, allowance for credit loss, recoveries	0
Financing receivable, revolving, term, allowance for credit loss, recoveries	0
Financing receivable, allowance for credit loss, recoveries	120	53
Financing receivable, originated in 2021, allowance for credit loss, (charge-offs) recoveries	0
Financing receivable, originated in 2020, allowance for credit loss, (charge-offs) recoveries	0
Financing receivable, originated in 2019, allowance for credit loss, (charge-offs) recoveries	0
Financing receivable, originated in 2018, allowance for credit loss, (charge-offs) recoveries	(38)
Financing receivable, originated in 2017, allowance for credit loss, (charge-offs) recoveries	(24)
Financing receivable, originated in 2016 and prior, allowance for credit loss, (charge-offs) recoveries	112
Financing receivable, revolving, allowance for credit loss, (charge-offs) recoveries	0
Financing receivable, revolving, term, allowance for credit loss, (charge-offs) recoveries	0
Financing receivable, allowance for credit loss, (charge-offs) recoveries	50
Consumer loans | Single family | Current
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, originated in 2021	35,295
Financing receivable, originated in 2020	172,695
Financing receivable, originated in 2019	111,355
Financing receivable, originated in 2018	142,166
Financing receivable, originated in 2017	137,942
Financing receivable, originated in 2016 and prior	270,902
Financing receivable, revolving	0
Financing receivable, revolving, term	0
Total	870,355
Consumer loans | Single family | 30-59 days
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, originated in 2021	0
Financing receivable, originated in 2020	0
Financing receivable, originated in 2019	0
Financing receivable, originated in 2018	0
Financing receivable, originated in 2017	0
Financing receivable, originated in 2016 and prior	532
Financing receivable, revolving
Financing receivable, revolving, term
Total	532
Consumer loans | Single family | 60-89 days
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, originated in 2021	0
Financing receivable, originated in 2020	0
Financing receivable, originated in 2019	0
Financing receivable, originated in 2018	0
Financing receivable, originated in 2017	317
Financing receivable, originated in 2016 and prior	327
Financing receivable, revolving	0
Financing receivable, revolving, term	0
Total	644
Consumer loans | Single family | 90+ days
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, originated in 2021	0
Financing receivable, originated in 2020	823
Financing receivable, originated in 2019	1,251
Financing receivable, originated in 2018	857
Financing receivable, originated in 2017	386
Financing receivable, originated in 2016 and prior	569
Financing receivable, revolving	0
Financing receivable, revolving, term	0
Total	3,886
Consumer loans | Home equity, adjusted for credit analysis
Financing Receivable, Credit Quality Indicator [Line Items]
Total	366,300		404,753
Consumer loans | Home equity and other
Financing Receivable, Credit Quality Indicator [Line Items]
Total	366,300		404,753
Financing receivable, originated in 2021, allowance for credit loss, charge-offs	0
Financing receivable, originated in 2020, allowance for credit loss, charge-offs	(1)
Financing receivable, originated in 2019, allowance for credit loss, charge-offs	(16)
Financing receivable, originated in 2018, allowance for credit loss, charge-offs	0
Financing receivable, originated in 2017, allowance for credit loss, charge-offs
Financing receivable, originated in 2016 and prior, allowance for credit loss, charge-offs
Financing receivable, revolving, allowance for credit loss, charge-offs	(39)
Financing receivable, revolving, term, allowance for credit loss, charge-offs	0
Financing receivable, allowance for credit loss, charge-offs	(56)	(217)
Financing receivable, originated in 2021, allowance for credit loss, recoveries	0
Financing receivable, originated in 2020, allowance for credit loss, recoveries	0
Financing receivable, originated in 2019, allowance for credit loss, recoveries	4
Financing receivable, originated in 2018, allowance for credit loss, recoveries	2
Financing receivable, originated in 2017, allowance for credit loss, recoveries	0
Financing receivable, originated in 2016 and prior, allowance for credit loss, recoveries	36
Financing receivable, revolving, allowance for credit loss, recoveries	14
Financing receivable, revolving, term, allowance for credit loss, recoveries	0
Financing receivable, allowance for credit loss, recoveries	56	$ 149
Financing receivable, originated in 2021, allowance for credit loss, (charge-offs) recoveries	0
Financing receivable, originated in 2020, allowance for credit loss, (charge-offs) recoveries	(1)
Financing receivable, originated in 2019, allowance for credit loss, (charge-offs) recoveries	(12)
Financing receivable, originated in 2018, allowance for credit loss, (charge-offs) recoveries	2
Financing receivable, originated in 2017, allowance for credit loss, (charge-offs) recoveries	0
Financing receivable, originated in 2016 and prior, allowance for credit loss, (charge-offs) recoveries	36
Financing receivable, revolving, allowance for credit loss, (charge-offs) recoveries	(25)
Financing receivable, revolving, term, allowance for credit loss, (charge-offs) recoveries	0
Financing receivable, allowance for credit loss, (charge-offs) recoveries	0
Consumer loans, adjusted for credit analysis
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, originated in 2021	35,894
Financing receivable, originated in 2020	174,870
Financing receivable, originated in 2019	113,557
Financing receivable, originated in 2018	143,980
Financing receivable, originated in 2017	139,397
Financing receivable, originated in 2016 and prior	277,070
Financing receivable, revolving	349,307
Financing receivable, revolving, term	7,642
Total	1,241,717		$ 1,319,876
Consumer loans, adjusted for credit analysis | Home equity, adjusted for credit analysis
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, originated in 2021	599
Financing receivable, originated in 2020	1,352
Financing receivable, originated in 2019	951
Financing receivable, originated in 2018	957
Financing receivable, originated in 2017	752
Financing receivable, originated in 2016 and prior	4,740
Financing receivable, revolving	349,307
Financing receivable, revolving, term	7,642
Total	366,300
Consumer loans, adjusted for credit analysis | Home equity, adjusted for credit analysis | Current
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, originated in 2021	599
Financing receivable, originated in 2020	1,351
Financing receivable, originated in 2019	937
Financing receivable, originated in 2018	955
Financing receivable, originated in 2017	752
Financing receivable, originated in 2016 and prior	4,684
Financing receivable, revolving	347,690
Financing receivable, revolving, term	7,634
Total	364,602
Consumer loans, adjusted for credit analysis | Home equity, adjusted for credit analysis | 30-59 days
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, originated in 2021	0
Financing receivable, originated in 2020	0
Financing receivable, originated in 2019	1
Financing receivable, originated in 2018	2
Financing receivable, originated in 2017	0
Financing receivable, originated in 2016 and prior	2
Financing receivable, revolving	199
Financing receivable, revolving, term	8
Total	212
Consumer loans, adjusted for credit analysis | Home equity, adjusted for credit analysis | 60-89 days
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, originated in 2021	0
Financing receivable, originated in 2020	1
Financing receivable, originated in 2019	11
Financing receivable, originated in 2018	0
Financing receivable, originated in 2017	0
Financing receivable, originated in 2016 and prior	0
Financing receivable, revolving	0
Financing receivable, revolving, term	0
Total	12
Consumer loans, adjusted for credit analysis | Home equity, adjusted for credit analysis | 90+ days
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, originated in 2021	0
Financing receivable, originated in 2020	0
Financing receivable, originated in 2019	2
Financing receivable, originated in 2018	0
Financing receivable, originated in 2017	0
Financing receivable, originated in 2016 and prior	54
Financing receivable, revolving	1,418
Financing receivable, revolving, term	0
Total	$ 1,474

LOANS AND CREDIT QUALITY - Coll

LOANS AND CREDIT QUALITY - Collateral Dependent Loans (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total LHFI	$ 5,291,774	$ 5,244,180
Commercial loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total LHFI	4,050,057
Commercial loans | Commercial and Industrial Sector
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total LHFI	1,230,504	1,112,979
Commercial loans | Owner occupied commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total LHFI	473,273	467,256
Commercial loans | Commercial business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total LHFI	757,231	645,723
Consumer loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total LHFI	1,241,717	1,319,876
Consumer loans | Single family
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total LHFI	875,417	915,123
Consumer loans | Home equity and other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total LHFI	366,300	$ 404,753
Total
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total LHFI	13,156
Total | Commercial loans | Commercial and Industrial Sector
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total LHFI	9,806
Total | Commercial loans | Owner occupied commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total LHFI	4,912
Total | Commercial loans | Commercial business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total LHFI	4,894
Total | Consumer loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total LHFI	3,350
Total | Consumer loans | Single family
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total LHFI	2,453
Total | Consumer loans | Home equity and other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total LHFI	897
Land
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total LHFI	3,576
Land | Commercial loans | Commercial and Industrial Sector
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total LHFI	3,576
Land | Commercial loans | Owner occupied commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total LHFI	1,789
Land | Commercial loans | Commercial business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total LHFI	1,787
Land | Consumer loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total LHFI	0
Land | Consumer loans | Single family
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total LHFI	0
Land | Consumer loans | Home equity and other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total LHFI	0
1-4 Family
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total LHFI	3,895
1-4 Family | Commercial loans | Commercial and Industrial Sector
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total LHFI	545
1-4 Family | Commercial loans | Owner occupied commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total LHFI	0
1-4 Family | Commercial loans | Commercial business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total LHFI	545
1-4 Family | Consumer loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total LHFI	3,350
1-4 Family | Consumer loans | Single family
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total LHFI	2,453
1-4 Family | Consumer loans | Home equity and other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total LHFI	897
Multifamily
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total LHFI	0
Multifamily | Commercial loans | Commercial and Industrial Sector
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total LHFI	0
Multifamily | Commercial loans | Owner occupied commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total LHFI	0
Multifamily | Commercial loans | Commercial business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total LHFI	0
Multifamily | Consumer loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total LHFI	0
Multifamily | Consumer loans | Single family
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total LHFI	0
Multifamily | Consumer loans | Home equity and other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total LHFI	0
Non-residential real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total LHFI	3,123
Non-residential real estate | Commercial loans | Commercial and Industrial Sector
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total LHFI	3,123
Non-residential real estate | Commercial loans | Owner occupied commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total LHFI	3,123
Non-residential real estate | Commercial loans | Commercial business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total LHFI	0
Non-residential real estate | Consumer loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total LHFI	0
Non-residential real estate | Consumer loans | Single family
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total LHFI	0
Non-residential real estate | Consumer loans | Home equity and other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total LHFI	0
Other non-real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total LHFI	2,562
Other non-real estate | Commercial loans | Commercial and Industrial Sector
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total LHFI	2,562
Other non-real estate | Commercial loans | Owner occupied commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total LHFI	0
Other non-real estate | Commercial loans | Commercial business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total LHFI	2,562
Other non-real estate | Consumer loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total LHFI	0
Other non-real estate | Consumer loans | Single family
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total LHFI	0
Other non-real estate | Consumer loans | Home equity and other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total LHFI	$ 0

LOANS AND CREDIT QUALITY - Lo_3

LOANS AND CREDIT QUALITY - Loans on Nonaccrual with no related allowance (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Financing Receivable, Nonaccrual [Line Items]
Nonaccrual with no related ACL	$ 11,212	$ 10,197
Nonaccrual	21,541	20,722
Commercial loans
Financing Receivable, Nonaccrual [Line Items]
Nonaccrual with no related ACL	8,013	8,022
Nonaccrual	14,137	14,105
Commercial loans | Owner occupied commercial real estate
Financing Receivable, Nonaccrual [Line Items]
Nonaccrual with no related ACL	4,913	4,922
Nonaccrual	4,913	4,922
Commercial loans | Commercial business
Financing Receivable, Nonaccrual [Line Items]
Nonaccrual with no related ACL	3,100	3,100
Nonaccrual	9,224	9,183
Consumer loans
Financing Receivable, Nonaccrual [Line Items]
Nonaccrual with no related ACL	3,199	2,175
Nonaccrual	7,404	6,617
Consumer loans | Single family
Financing Receivable, Nonaccrual [Line Items]
Nonaccrual with no related ACL	2,300	2,173
Nonaccrual	5,583	4,883
Consumer loans | Home equity and other
Financing Receivable, Nonaccrual [Line Items]
Nonaccrual with no related ACL	899	2
Consumer loans | Home equity, adjusted for credit analysis
Financing Receivable, Nonaccrual [Line Items]
Nonaccrual	$ 1,821	$ 1,734

LOANS AND CREDIT QUALITY - Agin

LOANS AND CREDIT QUALITY - Aging Analysis (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Financing Receivable, Past Due [Line Items]
Nonaccrual	$ 21,541	$ 20,722
Total past due and nonaccrual	34,231	35,140
Current	5,257,543	5,209,040
Total	$ 5,291,774	$ 5,244,180
Nonaccrual, percent of total loans	0.41%	0.40%
Past due and nonaccrual, percent of total loans	0.65%	0.67%
Not past due, percent of total loans	99.35%	99.33%
Percent of total loans	100.00%	100.00%
Federal Housing Administration, Veteran Affairs, Or Small Business Administration
Financing Receivable, Past Due [Line Items]
Total past due and nonaccrual	$ 13,500	$ 14,700
Recurring
Financing Receivable, Past Due [Line Items]
Fair value of loans held for investment	4,324	7,108
Level 3 | Recurring
Financing Receivable, Past Due [Line Items]
Fair value of loans held for investment	4,324	7,108
30-59 days
Financing Receivable, Past Due [Line Items]
Past due	$ 858	$ 2,389
Past due, percent of total loans	0.02%	0.05%
60-89 days
Financing Receivable, Past Due [Line Items]
Past due	$ 1,156	$ 553
Past due, percent of total loans	0.02%	0.01%
90+ days
Financing Receivable, Past Due [Line Items]
Past due	$ 10,676	$ 11,476
Past due, percent of total loans	0.20%	0.22%
Commercial loans
Financing Receivable, Past Due [Line Items]
Nonaccrual	$ 14,137	$ 14,105
Total	4,050,057
Commercial loans | Real Estate Sector
Financing Receivable, Past Due [Line Items]
Total	2,819,553	2,811,325
Commercial loans | Commercial and Industrial Sector
Financing Receivable, Past Due [Line Items]
Nonaccrual	14,137	14,105
Total past due and nonaccrual	14,137	14,105
Current	1,216,367	1,098,874
Total	1,230,504	1,112,979
Commercial loans | Commercial and Industrial Sector | 30-59 days
Financing Receivable, Past Due [Line Items]
Past due	0	0
Commercial loans | Commercial and Industrial Sector | 60-89 days
Financing Receivable, Past Due [Line Items]
Past due	0	0
Commercial loans | Commercial and Industrial Sector | 90+ days
Financing Receivable, Past Due [Line Items]
Past due	0	0
Commercial loans | Non-owner occupied commercial real estate
Financing Receivable, Past Due [Line Items]
Nonaccrual	0	0
Total past due and nonaccrual	0	0
Current	766,002	829,538
Total	766,002	829,538
Commercial loans | Non-owner occupied commercial real estate | 30-59 days
Financing Receivable, Past Due [Line Items]
Past due	0	0
Commercial loans | Non-owner occupied commercial real estate | 60-89 days
Financing Receivable, Past Due [Line Items]
Past due	0	0
Commercial loans | Non-owner occupied commercial real estate | 90+ days
Financing Receivable, Past Due [Line Items]
Past due	0	0
Commercial loans | Multifamily
Financing Receivable, Past Due [Line Items]
Nonaccrual	0	0
Total past due and nonaccrual	0	0
Current	1,521,349	1,428,092
Total	1,521,349	1,428,092
Commercial loans | Multifamily | 30-59 days
Financing Receivable, Past Due [Line Items]
Past due	0	0
Commercial loans | Multifamily | 60-89 days
Financing Receivable, Past Due [Line Items]
Past due	0	0
Commercial loans | Multifamily | 90+ days
Financing Receivable, Past Due [Line Items]
Past due	0	0
Commercial loans | Multifamily construction
Financing Receivable, Past Due [Line Items]
Nonaccrual	0
Total past due and nonaccrual	0
Current	106,780	115,329
Total	106,780	115,329
Commercial loans | Multifamily construction | 30-59 days
Financing Receivable, Past Due [Line Items]
Past due	0
Commercial loans | Multifamily construction | 60-89 days
Financing Receivable, Past Due [Line Items]
Past due	0
Commercial loans | Multifamily construction | 90+ days
Financing Receivable, Past Due [Line Items]
Past due	0
Commercial loans | Commercial real estate construction
Financing Receivable, Past Due [Line Items]
Nonaccrual	0	0
Total past due and nonaccrual	0	0
Current	28,610	27,285
Total	28,610	27,285
Commercial loans | Commercial real estate construction | 30-59 days
Financing Receivable, Past Due [Line Items]
Past due	0	0
Commercial loans | Commercial real estate construction | 60-89 days
Financing Receivable, Past Due [Line Items]
Past due	0	0
Commercial loans | Commercial real estate construction | 90+ days
Financing Receivable, Past Due [Line Items]
Past due	0	0
Commercial loans | Single family construction
Financing Receivable, Past Due [Line Items]
Nonaccrual	0	0
Total past due and nonaccrual	0	0
Current	269,501	259,170
Total	269,501	259,170
Commercial loans | Single family construction | 30-59 days
Financing Receivable, Past Due [Line Items]
Past due	0	0
Commercial loans | Single family construction | 60-89 days
Financing Receivable, Past Due [Line Items]
Past due	0	0
Commercial loans | Single family construction | 90+ days
Financing Receivable, Past Due [Line Items]
Past due	0	0
Commercial loans | Single family construction to permanent
Financing Receivable, Past Due [Line Items]
Nonaccrual	0	0
Total past due and nonaccrual	0	0
Current	127,311	151,911
Total	127,311	151,911
Commercial loans | Single family construction to permanent | 30-59 days
Financing Receivable, Past Due [Line Items]
Past due	0	0
Total	0
Commercial loans | Single family construction to permanent | 60-89 days
Financing Receivable, Past Due [Line Items]
Past due	0	0
Total	0
Commercial loans | Single family construction to permanent | 90+ days
Financing Receivable, Past Due [Line Items]
Past due	0	0
Total	0
Commercial loans | Owner occupied commercial real estate
Financing Receivable, Past Due [Line Items]
Nonaccrual	4,913	4,922
Total past due and nonaccrual	4,913	4,922
Current	468,360	462,334
Total	473,273	467,256
Commercial loans | Owner occupied commercial real estate | 30-59 days
Financing Receivable, Past Due [Line Items]
Past due	0	0
Commercial loans | Owner occupied commercial real estate | 60-89 days
Financing Receivable, Past Due [Line Items]
Past due	0	0
Commercial loans | Owner occupied commercial real estate | 90+ days
Financing Receivable, Past Due [Line Items]
Past due	0	0
Commercial loans | Commercial business
Financing Receivable, Past Due [Line Items]
Nonaccrual	9,224	9,183
Total past due and nonaccrual	9,224	9,183
Current	748,007	636,540
Total	757,231	645,723
Commercial loans | Commercial business | 30-59 days
Financing Receivable, Past Due [Line Items]
Past due	0	0
Commercial loans | Commercial business | 60-89 days
Financing Receivable, Past Due [Line Items]
Past due	0	0
Commercial loans | Commercial business | 90+ days
Financing Receivable, Past Due [Line Items]
Past due	0	0
Consumer loans
Financing Receivable, Past Due [Line Items]
Nonaccrual	7,404	6,617
Total	1,241,717	1,319,876
Consumer loans | Single family
Financing Receivable, Past Due [Line Items]
Nonaccrual	5,583	4,883
Total past due and nonaccrual	18,065	18,938
Current	857,352	896,185
Total	875,417	915,123
Consumer loans | Single family | 30-59 days
Financing Receivable, Past Due [Line Items]
Past due	653	2,161
Total	532
Consumer loans | Single family | 60-89 days
Financing Receivable, Past Due [Line Items]
Past due	1,153	418
Total	644
Consumer loans | Single family | 90+ days
Financing Receivable, Past Due [Line Items]
Past due	10,676	11,476
Total	3,886
Consumer loans | Home equity, adjusted for credit analysis
Financing Receivable, Past Due [Line Items]
Nonaccrual	1,821	1,734
Total past due and nonaccrual	2,029	2,097
Current	364,271	402,656
Total	366,300	404,753
Consumer loans | Home equity, adjusted for credit analysis | 30-59 days
Financing Receivable, Past Due [Line Items]
Past due	205	228
Consumer loans | Home equity, adjusted for credit analysis | 60-89 days
Financing Receivable, Past Due [Line Items]
Past due	3	135
Consumer loans | Home equity, adjusted for credit analysis | 90+ days
Financing Receivable, Past Due [Line Items]
Past due	0	0
Commercial loans, adjusted for credit analysis | Real Estate Sector
Financing Receivable, Past Due [Line Items]
Nonaccrual	0	0
Total past due and nonaccrual	0	0
Current	2,819,553	2,811,325
Total	2,819,553	2,811,325
Commercial loans, adjusted for credit analysis | Real Estate Sector | 30-59 days
Financing Receivable, Past Due [Line Items]
Past due	0	0
Commercial loans, adjusted for credit analysis | Real Estate Sector | 60-89 days
Financing Receivable, Past Due [Line Items]
Past due	0	0
Commercial loans, adjusted for credit analysis | Real Estate Sector | 90+ days
Financing Receivable, Past Due [Line Items]
Past due	0	0
Consumer loans, adjusted for credit analysis
Financing Receivable, Past Due [Line Items]
Nonaccrual	7,404	6,617
Total past due and nonaccrual	20,094	21,035
Current	1,221,623	1,298,841
Total	1,241,717	1,319,876
Consumer loans, adjusted for credit analysis | 30-59 days
Financing Receivable, Past Due [Line Items]
Past due	858	2,389
Consumer loans, adjusted for credit analysis | 60-89 days
Financing Receivable, Past Due [Line Items]
Past due	1,156	553
Consumer loans, adjusted for credit analysis | 90+ days
Financing Receivable, Past Due [Line Items]
Past due	10,676	$ 11,476
Consumer loans, adjusted for credit analysis | Home equity, adjusted for credit analysis
Financing Receivable, Past Due [Line Items]
Total	366,300
Consumer loans, adjusted for credit analysis | Home equity, adjusted for credit analysis | 30-59 days
Financing Receivable, Past Due [Line Items]
Total	212
Consumer loans, adjusted for credit analysis | Home equity, adjusted for credit analysis | 60-89 days
Financing Receivable, Past Due [Line Items]
Total	12
Consumer loans, adjusted for credit analysis | Home equity, adjusted for credit analysis | 90+ days
Financing Receivable, Past Due [Line Items]
Total	$ 1,474

LOANS AND CREDIT QUALITY - TDRs

LOANS AND CREDIT QUALITY - TDRs (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2021USD ($)loan	Mar. 31, 2020USD ($)loan
Financing Receivable, Impaired [Line Items]
Number of loan modifications - TDR | loan	2,000	16
Recorded investment - TDR	$ 508	$ 4,470
Related charge-offs - TDR	$ 0	$ 0
Consumer loans
Financing Receivable, Impaired [Line Items]
Number of loan modifications - TDR | loan	2,000	14
Recorded investment - TDR	$ 508	$ 2,667
Related charge-offs - TDR	$ 0	$ 0
Commercial and Industrial Sector | Commercial loans
Financing Receivable, Impaired [Line Items]
Number of loan modifications - TDR | loan		2
Recorded investment - TDR		$ 1,803
Related charge-offs - TDR		$ 0
Payment restructure
Financing Receivable, Impaired [Line Items]
Number of loan modifications - TDR | loan		5
Recorded investment - TDR		$ 2,257
Related charge-offs - TDR		$ 0
Payment restructure | Commercial loans | Owner occupied commercial real estate
Financing Receivable, Impaired [Line Items]
Number of loan modifications - TDR | loan		1
Recorded investment - TDR		$ 678
Related charge-offs - TDR		$ 0
Payment restructure | Commercial loans | Commercial business
Financing Receivable, Impaired [Line Items]
Number of loan modifications - TDR | loan		1
Recorded investment - TDR		$ 1,125
Related charge-offs - TDR		$ 0
Payment restructure | Consumer loans
Financing Receivable, Impaired [Line Items]
Number of loan modifications - TDR | loan		3
Recorded investment - TDR		$ 454
Related charge-offs - TDR		$ 0
Payment restructure | Consumer loans | Single family
Financing Receivable, Impaired [Line Items]
Number of loan modifications - TDR | loan		3
Recorded investment - TDR		$ 454
Related charge-offs - TDR		$ 0
Payment restructure | Commercial and Industrial Sector | Commercial loans
Financing Receivable, Impaired [Line Items]
Number of loan modifications - TDR | loan		2
Recorded investment - TDR		$ 1,803
Related charge-offs - TDR		$ 0
Interest rate reduction
Financing Receivable, Impaired [Line Items]
Number of loan modifications - TDR | loan	2,000	11
Recorded investment - TDR	$ 508	$ 2,213
Related charge-offs - TDR	$ 0	$ 0
Interest rate reduction | Consumer loans
Financing Receivable, Impaired [Line Items]
Number of loan modifications - TDR | loan	2,000	11
Recorded investment - TDR	$ 508	$ 2,213
Related charge-offs - TDR	$ 0	$ 0
Interest rate reduction | Consumer loans | Single family
Financing Receivable, Impaired [Line Items]
Number of loan modifications - TDR | loan	2,000	11
Recorded investment - TDR	$ 508	$ 2,213
Related charge-offs - TDR	$ 0	$ 0

LOANS AND CREDIT QUALITY - TDR

LOANS AND CREDIT QUALITY - TDR Re-defaults (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2021USD ($)loan	Mar. 31, 2020USD ($)loan
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of TDR loan relationships that re-defaulted | loan	5	6
Recorded investment | $	$ 1,897	$ 1,281
Commercial loans | Owner occupied commercial real estate
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of TDR loan relationships that re-defaulted | loan	1	0
Recorded investment | $	$ 678	$ 0
Consumer loans | Single family
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of TDR loan relationships that re-defaulted | loan	4	6
Recorded investment | $	$ 1,219	$ 1,281

DEPOSITS - Schedule of Deposit

DEPOSITS - Schedule of Deposit Balances (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Deposit balances, including stated rates
Noninterest-bearing demand deposits	$ 1,441,716	$ 1,337,010
Interest-bearing demand deposits	557,900	484,265
Savings	287,028	264,024
Money market	2,665,875	2,596,453
Certificates of deposit	1,178,714	1,139,807
Deposits, Total	$ 6,131,233	$ 5,821,559
Weighted Average Rate, Interest-bearing demand deposits	0.10%	0.10%
Weighted Average Rate, Savings	0.07%	0.07%
Weighted Average Rate, Money market	0.18%	0.21%
Weighted Average Rate, Certificates of deposit	0.64%	0.93%
Weighted Average Rate Domestic Deposit, Total	0.21%	0.29%

DEPOSITS - Schedule of Deposits

DEPOSITS - Schedule of Deposits Maturity (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Certificates of deposit outstanding
Within one year	$ 926,062
One to two years	220,423
Two to three years	14,734
Three to four years	13,093
Four to five years	4,098
Thereafter	304
Total	$ 1,178,714	$ 1,139,807

DEPOSITS - Narrative (Details)

DEPOSITS - Narrative (Details) - USD ($) $ in Millions	Mar. 31, 2021	Dec. 31, 2020
Deposits Liabilities, Balance Sheet, Reported Amounts [Abstract]
Time deposits, at or above FDIC insurance limit	$ 129	$ 130
Brokered deposits	$ 285	$ 210

DERIVATIVES AND HEDGING ACTIV_3

DERIVATIVES AND HEDGING ACTIVITIES - Fair Value of Derivatives (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Derivatives, Fair Value [Line Items]
Notional amount	$ 2,931,678	$ 2,322,816
Derivatives before netting, derivative assets	28,383	35,889
Netting adjustments/cash collateral, derivative assets	(9,611)	(8,250)
Derivative assets	18,772	27,639
Derivatives before netting, derivative Liabilities	(23,197)	(24,232)
Netting adjustments/cash collateral, derivative liabilities	19,596	21,447
Derivative liabilities	(3,601)	(2,785)
Concentration of credit risk, master netting arrangements
Derivatives, Fair Value [Line Items]
Right to reclaim cash in excess of fair value of derivative liability	10,000	13,200
Forward sale commitments
Derivatives, Fair Value [Line Items]
Notional amount	1,542,507	977,974
Derivatives before netting, derivative assets	13,509	1,035
Derivatives before netting, derivative Liabilities	(6,215)	(3,714)
Interest rate lock commitments
Derivatives, Fair Value [Line Items]
Notional amount	401,181	493,873
Derivatives before netting, derivative assets	6,686	17,395
Derivatives before netting, derivative Liabilities	(198)	(3)
Interest rate swaps
Derivatives, Fair Value [Line Items]
Notional amount	495,990	536,969
Derivatives before netting, derivative assets	8,182	17,459
Derivatives before netting, derivative Liabilities	(16,784)	(20,511)
Eurodollar futures
Derivatives, Fair Value [Line Items]
Notional amount	492,000	314,000
Derivatives before netting, derivative assets	6	0
Derivatives before netting, derivative Liabilities	$ 0	$ (4)

DERIVATIVES AND HEDGING ACTIV_4

DERIVATIVES AND HEDGING ACTIVITIES - Master Netting Agreements (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Derivative [Line Items]
Gross fair value, derivative assets	$ 28,383	$ 35,889
Netting adjustments/cash collateral, derivative assets	(9,611)	(8,250)
Derivative assets	18,772	27,639
Derivatives before netting, derivative Liabilities	(23,197)	(24,232)
Netting adjustments/cash collateral, derivative liabilities	19,596	21,447
Derivative liabilities	(3,601)	(2,785)
Concentration of credit risk, master netting arrangements
Derivative [Line Items]
Right to reclaim cash in excess of fair value of derivative liability	$ 10,000	$ 13,200

DERIVATIVES AND HEDGING ACTIV_5

DERIVATIVES AND HEDGING ACTIVITIES - Narrative (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Derivative [Line Items]
Liability for cash collateral received from counterparties	$ 3,800	$ 3,300
Receivable for cash collateral paid to counterparties	13,800	16,500
Notional amount of open interest rate swap agreements	2,931,678	2,322,816
Interest rate swaps, back-to-back
Derivative [Line Items]
Notional amount of open interest rate swap agreements	$ 281,000	$ 246,000

DERIVATIVES AND HEDGING ACTIV_6

DERIVATIVES AND HEDGING ACTIVITIES - Gain (Loss) Recognized in Income (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Loans
Derivative Instruments, Gain (Loss) [Line Items]
Net gain (loss) from derivative hedging	$ 3,858	$ 5,140
Servicing contracts
Derivative Instruments, Gain (Loss) [Line Items]
Net gain (loss) from derivative hedging	(12,591)	19,921
Other Credit Derivatives
Derivative Instruments, Gain (Loss) [Line Items]
Net gain (loss) from derivative hedging	$ 299	$ (494)

MORTGAGE BANKING OPERATIONS - L

MORTGAGE BANKING OPERATIONS - Loans Held for Sale (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for sale	$ 390,223	$ 361,932
Commercial loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for sale	148,623	167,289
Single family
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for sale	$ 241,600	$ 194,643

MORTGAGE BANKING OPERATIONS -_2

MORTGAGE BANKING OPERATIONS - Loans Sold (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]
Proceeds from sale of loans originated as held for sale	$ 830,757	$ 592,310
Commercial loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Proceeds from sale of loans originated as held for sale	257,717	282,457
Single family
Accounts, Notes, Loans and Financing Receivable [Line Items]
Proceeds from sale of loans originated as held for sale	$ 573,040	$ 309,853

MORTGAGE BANKING OPERATIONS - G

MORTGAGE BANKING OPERATIONS - Gain on Sale (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Gain on mortgage loan origination and sale activities [Line Items]
Gain on loan origination and sale activities	$ 33,459	$ 22,541
Commercial loans
Gain on mortgage loan origination and sale activities [Line Items]
Gain on loan origination and sale activities	7,272	4,710
Single family
Gain on mortgage loan origination and sale activities [Line Items]
Gain on loan origination and sale activities	$ 26,187	$ 17,831

MORTGAGE BANKING OPERATIONS -_3

MORTGAGE BANKING OPERATIONS - Loans Serviced for Others (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans serviced for others	$ 7,653,687	$ 7,758,833
Commercial loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans serviced for others	1,962,005	1,844,241
Single family
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans serviced for others	$ 5,691,682	$ 5,914,592

MORTGAGE BANKING OPERATIONS - M

MORTGAGE BANKING OPERATIONS - Mortgage Repurchase Liability (Details) - Representations and warranties reserve for loan receivables - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Mortgage Repurchase Losses [Roll Forward]
Balance, beginning of period	$ 2,122	$ 2,871
Additions, net of adjustments	(20)	(316)
Realized losses	(161)	(73)
Balance, end of period	$ 1,941	$ 2,482

MORTGAGE BANKING OPERATIONS - N

MORTGAGE BANKING OPERATIONS - Narrative (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Financing Receivable, Impaired [Line Items]
Servicing advances	$ 3,000	$ 3,000
Loans receivable, in Ginnie Mae pool	5,227,727	5,179,886
GNMA Early buyout loans
Financing Receivable, Impaired [Line Items]
Loans receivable, in Ginnie Mae pool	$ 82,000	$ 102,000

MORTGAGE BANKING OPERATIONS - R

MORTGAGE BANKING OPERATIONS - Revenue from Mortgage Servicing (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Servicing income, net:
Servicing fees and other	$ 8,913	$ 7,993
Amortization of single family MSRs	(5,693)	(3,494)
Amortization of multifamily and SBA MSRs	(1,344)	(1,475)
Net servicing income	1,876	3,024
Risk management, single family MSRs:
Changes in fair value of MSRs due to assumptions	11,463	(16,844)
Mortgage servicing rights, risk management	(1,128)	3,077
Loan servicing income	748	6,101
Servicing contracts
Risk management, single family MSRs:
Net gain (loss) from derivative hedging	$ (12,591)	$ 19,921

MORTGAGE BANKING OPERATIONS - S

MORTGAGE BANKING OPERATIONS - Single Family MSR Roll Forward (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Additions and amortization:
Amortization	$ 5,693	$ 3,494
Changes in fair value of MSR assumptions	(11,463)	16,844
Ending balance	62,352
Single family
Servicing Asset at Fair Value, Amount [Roll Forward]
Beginning balance	49,966	68,109
Additions and amortization:
Originations	6,616	2,162
Amortization	(5,693)	(3,494)
Net additions and amortization	923	(1,332)
Changes in fair value of MSR assumptions	11,463	(16,844)
Ending balance	$ 62,352	$ 49,933

MORTGAGE BANKING OPERATIONS - K

MORTGAGE BANKING OPERATIONS - Key Economic Assumptions (Details)	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Constant prepayment rate
Fair Value Measurement Inputs and Valuation Techniques
Servicing asset, measurement input	8.37%	15.61%
Discount rate
Fair Value Measurement Inputs and Valuation Techniques
Servicing asset, measurement input	8.37%	7.83%

MORTGAGE BANKING OPERATIONS -_4

MORTGAGE BANKING OPERATIONS - Sensitivity Analysis (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2021USD ($)	Dec. 31, 2020
Key economic assumptions and the sensitivity of the current fair value for single family MSRs
Fair value of single family MSR	$ 62,352
Expected weighted-average life (in years)	6 years 3 months 10 days
Impact on fair value of 25 basis points adverse change in interest rates	$ (3,129)
Impact on fair value of 50 basis points adverse change in interest rates	(6,450)
Impact on fair value of 100 basis points increase	(3,006)
Impact on fair value of 200 basis points increase	$ (5,783)
Minimum | CPRs
Key economic assumptions and the sensitivity of the current fair value for single family MSRs
Measurement input (as a percent)	0.0796	0.0813
Minimum | Discount rate
Key economic assumptions and the sensitivity of the current fair value for single family MSRs
Measurement input (as a percent)	0.0733	0.0650
Maximum | CPRs
Key economic assumptions and the sensitivity of the current fair value for single family MSRs
Measurement input (as a percent)	0.1408	0.1970
Maximum | Discount rate
Key economic assumptions and the sensitivity of the current fair value for single family MSRs
Measurement input (as a percent)	0.1385	0.1314
Weighted average | CPRs
Key economic assumptions and the sensitivity of the current fair value for single family MSRs
Measurement input (as a percent)	0.0996	0.1281
Weighted average | Discount rate
Key economic assumptions and the sensitivity of the current fair value for single family MSRs
Measurement input (as a percent)	0.0898	0.0827

MORTGAGE BANKING OPERATIONS -_5

MORTGAGE BANKING OPERATIONS - Multifamily MSR Roll Forward (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Servicing Asset at Amortized Value, Balance [Roll Forward]
Beginning balance	$ 35,774	$ 29,494
Origination	5,196	1,957
Amortization	(1,344)	(1,331)
Ending balance	$ 39,626	$ 30,120

GUARANTEES AND MORTGAGE REPUR_2

GUARANTEES AND MORTGAGE REPURCHASE LIABILITY - Narrative (Details) - USD ($)	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Dec. 31, 2020	Dec. 31, 2019
Representations and warranties reserve for loan receivables
Loss Contingencies [Line Items]
Unfunded commitment balance of loans sold on a servicing-retained basis	$ 5,800,000,000		$ 6,000,000,000
Reserve liability related to mortgage repurchase	1,941,000	$ 2,482,000	2,122,000	$ 2,871,000
Loss sharing relationship
Loss Contingencies [Line Items]
Reserve liability related to multifamily DUS program	2,700,000		2,100,000
Loss sharing relationship | Multifamily
Loss Contingencies [Line Items]
UPB of loans sold through DUS	1,900,000,000		1,800,000,000
Losses incurred - related to DUS	0	$ 0
Credit risk
Loss Contingencies [Line Items]
Reserve liability related to mortgage repurchase	$ 1,900,000		$ 2,100,000

FAIR VALUE MEASUREMENT - Schedu

FAIR VALUE MEASUREMENT - Schedule of Fair Value Hierarchy Measurement (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Assets:
Investment securities available for sale	$ 1,044,859	$ 1,072,093
Single family mortgage servicing rights	62,352
Derivative assets	18,772	27,639
Liabilities:
Derivative liabilities	3,601	2,785
Residential mortgage-backed securities
Assets:
Investment securities available for sale	43,238	51,046
Commercial mortgage-backed securities
Assets:
Investment securities available for sale	43,025	45,184
Municipal bonds
Assets:
Investment securities available for sale	561,011	564,703
Corporate debt securities
Assets:
Investment securities available for sale	14,936	15,222
Agency debentures
Assets:
Investment securities available for sale		1,846
Recurring
Assets:
Fair value of loans held for sale	241,600	194,643
Fair value of loans held for investment	4,324	7,108
Single family mortgage servicing rights	62,352	49,966
Total assets	1,381,518	1,359,699
Liabilities:
Total liabilities	23,197	24,232
Recurring | Residential mortgage-backed securities
Assets:
Investment securities available for sale	43,238	51,046
Recurring | Commercial mortgage-backed securities
Assets:
Investment securities available for sale	43,025	45,184
Recurring | Collateralized mortgage obligations residential
Assets:
Investment securities available for sale	230,498	234,909
Recurring | Collateralized mortgage obligations commercial
Assets:
Investment securities available for sale	152,151	159,183
Recurring | Municipal bonds
Assets:
Investment securities available for sale	561,011	564,703
Recurring | Corporate debt securities
Assets:
Investment securities available for sale	14,936	15,222
Recurring | Agency debentures
Assets:
Investment securities available for sale		1,846
Recurring | Eurodollar futures
Assets:
Derivative assets	6
Liabilities:
Derivative liabilities		4
Recurring | Forward sale commitments
Assets:
Derivative assets	13,509	1,035
Liabilities:
Derivative liabilities	6,215	3,714
Recurring | Interest rate lock commitments
Assets:
Derivative assets	6,686	17,395
Liabilities:
Derivative liabilities	198	3
Recurring | Interest rate swaps
Assets:
Derivative assets	8,182	17,459
Liabilities:
Derivative liabilities	16,784	20,511
Level 1 | Recurring
Assets:
Fair value of loans held for sale	0	0
Fair value of loans held for investment	0	0
Single family mortgage servicing rights	0	0
Total assets	6	0
Liabilities:
Total liabilities	0	4
Level 1 | Recurring | Residential mortgage-backed securities
Assets:
Investment securities available for sale	0	0
Level 1 | Recurring | Commercial mortgage-backed securities
Assets:
Investment securities available for sale	0	0
Level 1 | Recurring | Collateralized mortgage obligations residential
Assets:
Investment securities available for sale	0	0
Level 1 | Recurring | Collateralized mortgage obligations commercial
Assets:
Investment securities available for sale	0	0
Level 1 | Recurring | Municipal bonds
Assets:
Investment securities available for sale	0	0
Level 1 | Recurring | Corporate debt securities
Assets:
Investment securities available for sale	0	0
Level 1 | Recurring | Agency debentures
Assets:
Investment securities available for sale		0
Level 1 | Recurring | Eurodollar futures
Assets:
Derivative assets	6
Liabilities:
Derivative liabilities		4
Level 1 | Recurring | Forward sale commitments
Assets:
Derivative assets	0	0
Liabilities:
Derivative liabilities	0	0
Level 1 | Recurring | Interest rate lock commitments
Assets:
Derivative assets	0	0
Liabilities:
Derivative liabilities	0	0
Level 1 | Recurring | Interest rate swaps
Assets:
Derivative assets	0	0
Liabilities:
Derivative liabilities	0	0
Level 2 | Recurring
Assets:
Fair value of loans held for sale	241,600	194,643
Fair value of loans held for investment	0	0
Single family mortgage servicing rights	0	0
Total assets	1,305,660	1,282,520
Liabilities:
Total liabilities	22,999	24,225
Level 2 | Recurring | Residential mortgage-backed securities
Assets:
Investment securities available for sale	40,828	48,417
Level 2 | Recurring | Commercial mortgage-backed securities
Assets:
Investment securities available for sale	43,025	45,184
Level 2 | Recurring | Collateralized mortgage obligations residential
Assets:
Investment securities available for sale	230,498	234,909
Level 2 | Recurring | Collateralized mortgage obligations commercial
Assets:
Investment securities available for sale	152,151	159,183
Level 2 | Recurring | Municipal bonds
Assets:
Investment securities available for sale	561,011	564,703
Level 2 | Recurring | Corporate debt securities
Assets:
Investment securities available for sale	14,856	15,141
Level 2 | Recurring | Agency debentures
Assets:
Investment securities available for sale		1,846
Level 2 | Recurring | Eurodollar futures
Assets:
Derivative assets	0
Liabilities:
Derivative liabilities		0
Level 2 | Recurring | Forward sale commitments
Assets:
Derivative assets	13,509	1,035
Liabilities:
Derivative liabilities	6,215	3,714
Level 2 | Recurring | Interest rate lock commitments
Assets:
Derivative assets		0
Liabilities:
Derivative liabilities	0	0
Level 2 | Recurring | Interest rate swaps
Assets:
Derivative assets	8,182	17,459
Liabilities:
Derivative liabilities	16,784	20,511
Level 3 | Recurring
Assets:
Investment securities available for sale	2,490	2,710
Fair value of loans held for sale	0	0
Fair value of loans held for investment	4,324	7,108
Single family mortgage servicing rights	62,352	49,966
Total assets	75,852	77,179
Liabilities:
Total liabilities	198	3
Level 3 | Recurring | Residential mortgage-backed securities
Assets:
Investment securities available for sale	2,410	2,629
Level 3 | Recurring | Commercial mortgage-backed securities
Assets:
Investment securities available for sale	0	0
Level 3 | Recurring | Collateralized mortgage obligations residential
Assets:
Investment securities available for sale	0	0
Level 3 | Recurring | Collateralized mortgage obligations commercial
Assets:
Investment securities available for sale	0	0
Level 3 | Recurring | Municipal bonds
Assets:
Investment securities available for sale	0	0
Level 3 | Recurring | Corporate debt securities
Assets:
Investment securities available for sale	80	81
Level 3 | Recurring | Agency debentures
Assets:
Investment securities available for sale		0
Level 3 | Recurring | Eurodollar futures
Assets:
Derivative assets	0
Liabilities:
Derivative liabilities		0
Level 3 | Recurring | Forward sale commitments
Assets:
Derivative assets	0	0
Liabilities:
Derivative liabilities	0	0
Level 3 | Recurring | Interest rate lock commitments
Assets:
Derivative assets	6,686	17,395
Liabilities:
Derivative liabilities	198	3
Level 3 | Recurring | Interest rate swaps
Assets:
Derivative assets	0	0
Liabilities:
Derivative liabilities		$ 0

FAIR VALUE MEASUREMENT - Narrat

FAIR VALUE MEASUREMENT - Narrative (Details) - USD ($)	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Dec. 31, 2020
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Transfers between levels of fair value hierarchy	$ 0	$ 0
Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of loans held for investment	4,324,000		$ 7,108,000
Level 3 | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of loans held for investment	$ 4,324,000		$ 7,108,000

FAIR VALUE MEASUREMENT - Sche_2

FAIR VALUE MEASUREMENT - Schedule of Level 3 Unobservable Inputs (Details) $ in Thousands	Mar. 31, 2021USD ($)	Dec. 31, 2020USD ($)	Mar. 31, 2020USD ($)	Dec. 31, 2019USD ($)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	$ 1,044,859	$ 1,072,093
Interest rate lock commitments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate lock, net, fair value	6,488	17,392	$ 13,502	$ 2,223
Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of loans held for investment	4,324	7,108
Recurring | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	2,490	2,710
Fair value of loans held for investment	4,324	7,108
Recurring | Level 3 | Interest rate lock commitments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate lock, net, fair value	$ 6,488	$ 17,392
Implied spread to benchmark interest rate curve | Minimum | Recurring | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value inputs	0.0200	0.0200
Loans held for investment, fair vale inputs	0.0398	0.0396
Implied spread to benchmark interest rate curve | Maximum | Recurring | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value inputs	0.0200	0.0200
Loans held for investment, fair vale inputs	0.0953	0.1064
Implied spread to benchmark interest rate curve | Weighted average | Recurring | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value inputs	0.0200	0.0200
Loans held for investment, fair vale inputs	0.0583	0.0623
Fall-out factor | Minimum | Recurring | Level 3 | Interest rate lock commitments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate lock, net, measurement input	0.0029	0.0197
Fall-out factor | Maximum | Recurring | Level 3 | Interest rate lock commitments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate lock, net, measurement input	0.2100	0.3838
Fall-out factor | Weighted average | Recurring | Level 3 | Interest rate lock commitments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate lock, net, measurement input	0.0954	0.1553
Value of servicing | Minimum | Recurring | Level 3 | Interest rate lock commitments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate lock, net, measurement input	0.0036	0.0041
Value of servicing | Maximum | Recurring | Level 3 | Interest rate lock commitments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate lock, net, measurement input	0.0147	0.0144
Value of servicing | Weighted average | Recurring | Level 3 | Interest rate lock commitments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate lock, net, measurement input	0.0116	0.0097

FAIR VALUE MEASUREMENT - Sche_3

FAIR VALUE MEASUREMENT - Schedule of Fair Value Changes and Activity for Level 3 (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Interest rate lock commitments
Fair Value Changes and Activity for Level 3 [Roll Forward]
Beginning balance	$ 17,392	$ 2,223
Payoffs/Sales/Settlements	(7,435)	(4,483)
Change in mark to market/Realized/unrealized gains (losses)	(3,469)	15,762
Ending balance	6,488	13,502
Investment securities AFS
Fair Value Changes and Activity for Level 3 [Roll Forward]
Beginning balance	2,710	1,952
Additions	0	985
Transfers	0	0
Payoffs/Sales/Settlements	(48)	(291)
Change in mark to market/Realized/unrealized gains (losses)	(172)	239
Ending balance	2,490	2,885
Single family LHFI
Fair Value Changes and Activity for Level 3 [Roll Forward]
Beginning balance	7,108	3,468
Additions	360	1,679
Transfers	0	0
Payoffs/Sales/Settlements	(3,191)	(247)
Change in mark to market/Realized/unrealized gains (losses)	47	26
Ending balance	$ 4,324	$ 4,926

FAIR VALUE MEASUREMENT - FV Uno

FAIR VALUE MEASUREMENT - FV Unobservable Inputs - Nonrecurring Basis (Details) - Nonrecurring $ in Thousands	3 Months Ended
	Mar. 31, 2020USD ($)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Gains (Losses)	$ 113
Level 3 | Fair Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans held for investment	$ 890

FAIR VALUE MEASUREMENT - FV of

FAIR VALUE MEASUREMENT - FV of Financial Instruments (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Assets:
Single family mortgage servicing rights	$ 62,352
Loans receivable, in Ginnie Mae pool	5,227,727	$ 5,179,886
Carrying Value
Assets:
Cash and cash equivalents	69,101	58,049
Investment securities held to maturity	4,246	4,271
LHFI	5,223,403	5,172,778
Federal Home Loan Bank stock	9,851	20,319
Liabilities:
Certificates of deposit	1,178,714	1,139,807
Borrowings	84,500	322,800
Long-term debt	125,885	125,838
Fair Value
Assets:
Cash and cash equivalents	69,101	58,049
Investment securities held to maturity	4,431	4,507
LHFI	5,305,705	5,327,711
Federal Home Loan Bank stock	9,851	20,319
Liabilities:
Certificates of deposit	1,180,956	1,143,747
Borrowings	84,500	322,876
Long-term debt	116,395	116,893
Multifamily | Carrying Value
Assets:
Loans held for sale, fair value option	148,623	167,289
Single family mortgage servicing rights	39,626	35,774
Multifamily | Fair Value
Assets:
Loans held for sale, fair value option	151,946	167,289
Single family mortgage servicing rights	41,882	38,423
Other assets - GNMA EBO loans
Assets:
Loans receivable, in Ginnie Mae pool	82,000	102,000
Other assets - GNMA EBO loans | Carrying Value
Assets:
Loans receivable, in Ginnie Mae pool	82,174	101,750
Other assets - GNMA EBO loans | Fair Value
Assets:
Loans receivable, in Ginnie Mae pool	82,174	101,750
Level 1 | Fair Value
Assets:
Cash and cash equivalents	69,101	58,049
Investment securities held to maturity	0	0
LHFI	0	0
Federal Home Loan Bank stock	0	0
Liabilities:
Certificates of deposit	0	0
Borrowings		0
Long-term debt	0	0
Level 1 | Multifamily | Fair Value
Assets:
Loans held for sale, fair value option	0	0
Single family mortgage servicing rights	0	0
Level 1 | Other assets - GNMA EBO loans | Fair Value
Assets:
Loans receivable, in Ginnie Mae pool	0	0
Level 2 | Fair Value
Assets:
Cash and cash equivalents	0	0
Investment securities held to maturity	4,431	4,507
LHFI	0	0
Federal Home Loan Bank stock	9,851	20,319
Liabilities:
Certificates of deposit	1,180,956	1,143,747
Borrowings	84,500	322,876
Long-term debt	116,395	116,893
Level 2 | Multifamily | Fair Value
Assets:
Loans held for sale, fair value option	151,946	167,289
Single family mortgage servicing rights	0	0
Level 2 | Other assets - GNMA EBO loans | Fair Value
Assets:
Loans receivable, in Ginnie Mae pool	0	0
Level 3 | Fair Value
Assets:
Cash and cash equivalents	0	0
Investment securities held to maturity	0	0
LHFI	5,305,705	5,327,711
Federal Home Loan Bank stock	0	0
Liabilities:
Certificates of deposit	0	0
Borrowings		0
Long-term debt	0	0
Level 3 | Multifamily | Fair Value
Assets:
Loans held for sale, fair value option	0	0
Single family mortgage servicing rights	41,882	38,423
Level 3 | Other assets - GNMA EBO loans | Fair Value
Assets:
Loans receivable, in Ginnie Mae pool	$ 82,174	$ 101,750

EARNINGS PER SHARE - Schedule o

EARNINGS PER SHARE - Schedule of EPS Calculation (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
EPS numerator:
Net income	$ 29,663	$ 7,139
Weighted average shares:
Basic weighted average number of shares outstanding (in shares)	21,637,671	23,688,930
Dilutive effect of outstanding common stock equivalents (in shares)	324,157	171,350
Diluted weighted-average number of shares outstanding (in shares)	21,961,828	23,860,280
Net income per share:
Basic earnings per share (in dollars per share)	$ 1.37	$ 0.30
Diluted earnings per share (in dollars per share)	$ 1.35	$ 0.30

RESTRUCTURING - Restructuring R

RESTRUCTURING - Restructuring Reserve Rollforward (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Restructuring Reserve [Roll Forward]
Restructuring charges		$ 1,215
Costs paid or otherwise settled	$ (364)	(1,462)
Ending balance	2,769	1,657
Facility-related costs
Restructuring Reserve [Roll Forward]
Restructuring charges		580
Costs paid or otherwise settled	(233)	(575)
Ending balance	2,630	1,240
Personnel-related costs
Restructuring Reserve [Roll Forward]
Restructuring charges		147
Costs paid or otherwise settled	(15)	(365)
Ending balance	139	292
Other costs
Restructuring Reserve [Roll Forward]
Restructuring charges		488
Costs paid or otherwise settled	(116)	(522)
Ending balance	$ 0	$ 125

SUBSEQUENT EVENT - Narrative (D

SUBSEQUENT EVENT - Narrative (Details) - Subsequent Event	Apr. 29, 2021USD ($)$ / shares
Subsequent Event [Line Items]
Dividends payable (in dollars per share) | $ / shares	$ 0.25
Share repurchase program, authorized amount | $	$ 25,000,000