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Derivatives and Hedging Activities (Tables)
6 Months Ended
Mar. 31, 2017
Derivative Instruments And Hedging Activities Disclosure [Abstract]  
Schedule of Fair Value of Derivative Financial Instruments as well as their Classification on Consolidated Balance Sheet

The table below presents the fair value of the Company’s derivative financial instruments as well as their classification on the Consolidated Balance Sheet as of March 31, 2017 and September 30, 2016 (in thousands).

 

 

 

Fair Values of Derivative Instruments

 

 

 

Asset Derivatives

 

 

 

As of March 31, 2017

 

 

 

 

 

As of September 30, 2016

 

 

 

 

 

 

Balance Sheet

Location

 

Fair

Value

 

 

Balance Sheet

Location

 

Fair

Value

 

Derivatives designated as hedging instruments

 

 

 

 

 

 

 

 

 

 

 

 

Interest Rate Products

 

Other Assets

 

$

1,397

 

 

Other Assets

 

$

453

 

 

Schedule of Pre-Tax Net Gains (Losses) of Cash flow Hedges

The tables below present the pre-tax net gains (losses) of the Company’s cash flow hedges for the three and six month periods ended March 31, 2017 and 2016, respectively, and where they were recorded in the Consolidated Statement of Income, (in thousands).

 

Derivatives in Cash Flow

Hedging Relationships

 

Gain Recognized in

OCI on Derivative

(Effective Portion)

Three Months Ended

March 31,

 

 

Location of Gain

or (Loss)

Reclassified from

Accumulated OCI

into Income

(Effective Portion)

 

Gain Reclassified

from Accumulated

OCI into Income

(Effective Portion)

Three Months Ended

March 31,

 

 

Location of Gain

or (Loss)

Recognized in

Income on

Derivative

(Ineffective

Portion)

 

Gain or (Loss)

Recognized in

Income on Derivative

(Ineffective Portion)

Three Months Ended

March 31,

 

 

 

2017

 

 

2016

 

 

 

 

2017

 

 

2016

 

 

 

 

2017

 

 

2016

 

Interest Rate Products

 

$

40

 

 

$

 

 

Interest expense

 

$

5

 

 

$

 

 

Other non-interest income

 

$

 

 

$

 

Ending balance of OCI

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

$

40

 

 

$

 

 

 

 

$

5

 

 

$

 

 

 

 

$

 

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Derivatives in Cash Flow

Hedging Relationships

 

Gain Recognized in

OCI on Derivative

(Effective Portion)

Six Months Ended

March 31,

 

 

Location of Gain

or (Loss)

Reclassified from

Accumulated OCI

into Income

(Effective Portion)

 

(Loss) Reclassified

from Accumulated

OCI into Income

(Effective Portion)

Six Months Ended

March 31,

 

 

Location of Gain

or (Loss)

Recognized in

Income on

Derivative

(Ineffective

Portion)

 

Gain or (Loss)

Recognized in

Income on Derivative

(Ineffective Portion)

Six Months Ended

March 31,

 

 

 

2017

 

 

2016

 

 

 

 

2017

 

 

2016

 

 

 

 

2017

 

 

2016

 

Interest Rate Products

 

$

1,092

 

 

$

 

 

Interest expense

 

$

(6

)

 

$

 

 

Other non-interest income

 

$

 

 

$

 

Ending balance of OCI

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

$

1,092

 

 

$

 

 

 

 

$

(6

)

 

$

 

 

 

 

$

 

 

$