SEGMENT REPORTING

9 Months Ended

Jun. 30, 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 June 30,	2023		2022		2023		2022		2023		2022		2023		2022
Net interest income	$	40,683	$	23,213	$	53,067	$	46,802	$	3,715	$	2,136	$	97,465	$	72,151
Provision for (reversal of) credit losses	508		(279)		1,265		(752)		—		(271)		1,773		(1,302)
Noninterest income	48,714		36,226		16,709		15,860		2,310		1,908		67,733		53,994
Noninterest expense	39,666		23,960		33,594		31,336		41,318		41,354		114,578		96,650
Income (loss) before income tax expense	49,223		35,758		34,917		32,078		(35,293)		(37,039)		48,847		30,797
Total assets	455,540		373,019		3,914,924		3,457,004		3,088,161		2,898,155		7,458,625		6,728,178
Total goodwill	87,145		87,145		222,360		222,360		—		—		309,505		309,505
Total deposits	6,130,524		5,573,768		7,550		11,177		168,902		125,854		6,306,976		5,710,799
Nine Months Ended June 30,
Net interest income	$	116,373	$	79,323	$	142,149	$	136,923	$	24,405	$	11,318	$	282,927	$	227,564
Provision for (reversal of) credit losses	35,402		30,667		12,860		13,045		50		(12,526)		48,312		31,186
Noninterest income	200,029		158,696		45,247		50,354		15,272		41,301		260,548		250,351
Noninterest expense	124,070		73,509		105,189		95,845		117,514		112,892		346,773		282,246
Income (loss) before income tax expense	156,930		133,843		69,347		78,387		(77,887)		(47,747)		148,390		164,483
Total assets	455,540		373,019		3,914,924		3,457,004		3,088,161		2,898,155		7,458,625		6,728,178
Total goodwill	87,145		87,145		222,360		222,360		—		—		309,505		309,505
Total deposits	6,130,524		5,573,768		7,550		11,177		168,902		125,854		6,306,976		5,710,799