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Derivatives and Hedging Activities (Tables)
9 Months Ended
Jun. 30, 2018
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 June 30, 2018 and September 30, 2017 (in thousands).

 

 

 

Fair Values of Derivative Instruments

 

 

 

Asset Derivatives

 

 

 

As of  June 30, 2018

 

 

 

 

 

As of September 30, 2017

 

 

 

 

 

 

Balance Sheet

Location

 

Fair

Value

 

 

Balance Sheet

Location

 

Fair

Value

 

Derivatives designated as hedging instruments

 

 

 

 

 

 

 

 

 

 

 

 

Interest Rate Products

 

Other Assets

 

$

2,408

 

 

Other Assets

 

$

1,215

 

 

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 nine month periods ended June 30, 2018 and 2017, respectively, and where they were recorded in the Consolidated Statement of Income, (in thousands).

 

Derivatives in Cash Flow

Hedging Relationships

 

Loss Recognized in

OCI on Derivative

(Effective Portion)

Three Months Ended June 30,

 

 

Location of Gain

or (Loss)

Reclassified from

Accumulated OCI

into Income

(Effective Portion)

 

Gain or (Loss) Reclassified

from Accumulated

OCI into Income

(Effective Portion)

Three Months Ended June 30,

 

 

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 June 30,

 

 

 

2018

 

 

2017

 

 

 

 

2018

 

 

2017

 

 

 

 

2018

 

 

2017

 

Interest Rate Products

 

$

249

 

 

$

(231

)

 

Interest expense

 

$

153

 

 

$

3

 

 

Other non-interest income

 

$

 

 

$

 

Ending balance of OCI

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

$

249

 

 

$

(231

)

 

 

 

$

153

 

 

$

3

 

 

 

 

$

 

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Derivatives in Cash Flow

Hedging Relationships

 

Gain Recognized in

OCI on Derivative

(Effective Portion)

Nine Months Ended June 30,

 

 

Location of Gain

or (Loss)

Reclassified from

Accumulated OCI

into Income

(Effective Portion)

 

(Loss)Reclassified

from Accumulated

OCI into Income

(Effective Portion)

Nine Months Ended June 30,

 

 

Location of Gain

or (Loss)

Recognized in

Income on

Derivative

(Ineffective

Portion)

 

Gain or (Loss)

Recognized in

Income on Derivative

(Ineffective Portion)

Nine Months Ended June 30,

 

 

 

2018

 

 

2017

 

 

 

 

2018

 

 

2017

 

 

 

 

2018

 

 

2017

 

Interest Rate Products

 

$

1,445

 

 

$

873

 

 

Interest expense

 

$

252

 

 

$

(3

)

 

Other non-interest income

 

$

 

 

$

 

Ending balance of OCI

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

$

1,445

 

 

$

873

 

 

 

 

$

252

 

 

$

(3

)

 

 

 

$

 

 

$