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PREMISES, FURNITURE, AND EQUIPMENT, NET
12 Months Ended
Sep. 30, 2018
Property, Plant and Equipment [Abstract]  
PREMISES, FURNITURE, AND EQUIPMENT, NET
PREMISES, FURNITURE AND EQUIPMENT, NET
 
Year-end premises and equipment were as follows:
 
September 30,
2018
 
2017
 
(Dollars in Thousands)
 
 
 
 
Land
$
2,932

 
$
1,578

Buildings
27,359

 
10,642

Furniture, fixtures, and equipment
56,438

 
46,934

Capitalized leases
2,259

 
2,259

 
88,988

 
61,413

Less: accumulated depreciation and amortization
(48,530
)
 
(42,093
)
Net book value
$
40,458

 
$
19,320



Depreciation expense of premises, furniture and equipment included in occupancy and equipment expense was approximately $5.7 million, $5.5 million and $5.4 million for the years ended September 30, 2018, 2017 and 2016, respectively. Amortization expense on capitalized leases for the years ended September 30, 2018, 2017 and 2016, was $0.1 million, $0.1 million and $0.2 million, respectively, and is included in occupancy and equipment expense. Substantially all of the Company's capitalized leases at September 30, 2018 were building leases.