SEGMENT REPORTING

6 Months Ended

Mar. 31, 2023

Segment Reporting [Abstract]

SEGMENT REPORTING

SEGMENT REPORTING

An operating segment is generally defined as a component of a business for which discrete financial information is available and whose results are reviewed by the chief operating decision-maker. Operating segments are aggregated into reportable segments if certain criteria are met.

The Company reports its results of operations through the following three business segments: Consumer, Commercial, and Corporate Services/Other. The BaaS business line is reported in the Consumer segment. The Commercial Finance business line is reported in the Commercial segment. The Corporate Services/Other segment includes certain shared services as well as treasury related functions such as the investment portfolio, warehouse finance, wholesale deposits and borrowings.

The following tables present segment data for the Company:

(Dollars in thousands)	Consumer				Commercial				Corporate Services/Other				Total
Three Months Ended March 31,	2023		2022		2023		2022		2023		2022		2023		2022
Net interest income	$	41,418	$	30,156	$	46,758	$	44,879	$	13,229	$	8,765	$	101,405	$	83,800
Provision for credit losses	31,654		29,685		5,012		2,205		97		412		36,763		32,302
Noninterest income (loss)	111,776		94,761		14,176		15,537		1,086		(532)		127,038		109,766
Noninterest expense	49,910		29,892		38,846		31,457		38,380		41,811		127,136		103,160
Income (loss) before income tax expense	71,630		65,340		17,076		26,754		(24,162)		(33,990)		64,544		58,104
Total assets	361,528		456,335		3,581,677		3,355,196		2,925,051		3,075,708		6,868,256		6,887,239
Total goodwill	87,145		87,145		222,360		222,360		—		—		309,505		309,505
Total deposits	5,744,278		5,693,063		9,313		6,882		149,105		129,941		5,902,696		5,829,886
Six Months Ended March 31,
Net interest income	$	75,690	$	56,427	$	89,082	$	89,805	$	20,690	$	9,181	$	185,462	$	155,413
Provision (reversal of) for credit losses	34,894		30,946		11,595		13,797		50		(12,255)		46,539		32,488
Noninterest income	151,315		122,470		28,538		34,494		12,962		39,393		192,815		196,357
Noninterest expense	84,404		49,553		71,595		64,504		76,196		71,539		232,195		185,596
Income (loss) before income tax expense	107,707		98,398		34,430		45,998		(42,594)		(10,710)		99,543		133,686
Total assets	361,528		456,335		3,581,677		3,355,196		2,925,051		3,075,708		6,868,256		6,887,239
Total goodwill	87,145		87,145		222,360		222,360		—		—		309,505		309,505
Total deposits	5,744,278		5,693,063		9,313		6,882		149,105		129,941		5,902,696		5,829,886