Parent Company Financial Information (Parent Company Only) (Tables)

12 Months Ended

Sep. 30, 2022

Condensed Financial Information Disclosure [Abstract]

Schedule Of Balance Sheets

The Company's (parent company only) balance sheets at the dates presented, and the related statements of income and cash flows for each of the years presented are as follows:

BALANCE SHEETS
SEPTEMBER 30, 2022 and 2021
(Dollars in thousands, except per share amounts)
	2022		2021
ASSETS:
Cash and cash equivalents	$	103,977	$	75,553
Investment in the Bank	955,871		1,110,339
Note receivable - ESOP	35,767		37,213
Receivable from the Bank	—		18,158
Income taxes receivable, net	454		467
Other assets	583		625
TOTAL ASSETS	$	1,096,652	$	1,242,355
LIABILITIES:
Deferred income tax liabilities, net	$	72	$	82
Payable to the Bank	81		—
Total liabilities	153		82
STOCKHOLDERS' EQUITY:
Preferred stock, $.01 par value; 100,000,000 shares authorized, no shares issued or outstanding	—		—
Common stock, $.01 par value; 1,400,000,000 shares authorized, 138,858,884 and 138,832,284 shares issued and outstanding as of September 30, 2022 and 2021, respectively	1,388		1,388
Additional paid-in capital	1,190,213		1,189,633
Unearned compensation - ESOP	(29,735)		(31,387)
Retained earnings	80,266		98,944
AOCI, net of tax	(145,633)		(16,305)
Total stockholders' equity	1,096,499		1,242,273
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$	1,096,652	$	1,242,355

Schedule Of Statements Of Income

STATEMENTS OF INCOME
YEARS ENDED SEPTEMBER 30, 2022, 2021, and 2020
(Dollars in thousands)
	2022		2021		2020
INTEREST AND DIVIDEND INCOME:
Dividend income from the Bank	$	111,745	$	132,063	$	68,329
Interest income from other investments	1,484		1,509		2,036
Total interest and dividend income	113,229		133,572		70,365
NON-INTEREST EXPENSE:
Salaries and employee benefits	843		908		988
Regulatory and outside services	259		287		292
Other non-interest expense	614		608		622
Total non-interest expense	1,716		1,803		1,902
INCOME BEFORE INCOME TAX EXPENSE AND EQUITY IN
EXCESS OF DISTRIBUTION OVER EARNINGS OF SUBSIDIARY	111,513		131,769		68,463
INCOME TAX (BENEFIT) EXPENSE	(49)		(62)		28
INCOME BEFORE EQUITY IN EXCESS OF
DISTRIBUTION OVER EARNINGS OF SUBSIDIARY	111,562		131,831		68,435
EQUITY IN EXCESS OF DISTRIBUTION OVER EARNINGS OF SUBSIDIARY	(27,109)		(55,749)		(3,895)
NET INCOME	$	84,453	$	76,082	$	64,540

Schedule Of Statements Of Cash Flows

STATEMENTS OF CASH FLOWS
YEARS ENDED SEPTEMBER 30, 2022, 2021, and 2020
(Dollars in thousands)
	2022		2021		2020
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$	84,453	$	76,082	$	64,540
Adjustments to reconcile net income to net cash provided by operating activities:
Equity in excess of distribution over earnings of subsidiary	27,109		55,749		3,895
Depreciation of equipment	46		45		45
Provision for deferred income taxes	(10)		(9)		91
Changes in:
Receivable from/payable to the Bank	18,239		(18,257)		—
Income taxes receivable/payable	13		25		(63)
Other assets	(10)		21		(60)
Other liabilities	—		(5)		13
Net cash provided by operating activities	129,840		113,651		68,461
CASH FLOWS FROM INVESTING ACTIVITIES:
Principal collected on note receivable from ESOP	1,446		1,401		1,357
Net cash provided by investing activities	1,446		1,401		1,357
CASH FLOWS FROM FINANCING ACTIVITIES:
Net payment from subsidiary related to restricted stock awards	269		169		319
Cash dividends paid	(103,131)		(117,890)		(93,862)
Repurchase of common stock	—		(4,568)		(20,767)
Stock options exercised	—		324		638
Net cash used in financing activities	(102,862)		(121,965)		(113,672)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	28,424		(6,913)		(43,854)
CASH AND CASH EQUIVALENTS:
Beginning of year	75,553		82,466		126,320
End of year	$	103,977	$	75,553	$	82,466