XML 79 R4.htm IDEA: XBRL DOCUMENT v3.19.3
Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2017
INTEREST INCOME      
Loans receivable $ 568,096 $ 515,807 $ 470,523
Mortgage-backed securities 74,485 70,407 60,612
Investment securities and cash equivalents 28,885 20,869 17,783
Total Income 671,466 607,083 548,918
INTEREST EXPENSE      
Customer accounts 122,216 72,492 52,023
FHLB advances 68,190 62,452 64,969
Total interest expense 190,406 134,944 116,992
Net interest income 481,060 472,139 431,926
Provision (release) for loan losses (1,650) (5,450) (2,100)
Net interest income after provision (release) 482,710 477,589 434,026
OTHER INCOME      
Gain (loss) on sale of investment securities (9) 0 3,499
FDIC loss share termination valuation adjustments 0 (8,550) 0
Loan fee income 3,941 3,804 4,290
Deposit fee income 24,882 25,904 22,643
Other income 33,504 22,920 21,783
Total other income 62,318 44,078 52,215
OTHER EXPENSE      
Compensation and benefits 133,588 123,554 112,257
Occupancy 38,579 36,453 35,260
FDIC insurance premiums 9,808 11,592 11,410
Product delivery 15,934 16,372 13,972
Information technology 38,955 34,643 28,859
Other expense 46,199 41,708 29,761
Total other expense 283,063 264,322 231,519
Gain (loss) on real estate owned, net 810 (102) 1,494
Income before income taxes 262,775 257,243 256,216
Income tax expense (benefit)      
Current 50,933 44,557 92,795
Deferred 1,586 8,836 (10,111)
Income tax expense (benefit) 52,519 53,393 82,684
Net income $ 210,256 $ 203,850 $ 173,532
PER SHARE DATA      
Basic earnings per share (in dollars per share) $ 2.61 $ 2.40 $ 1.95
Diluted earnings per share (in dollars per share) 2.61 2.40 1.94
Dividends paid on common stock per share (in dollars per share) $ 0.79 $ 0.67 $ 0.84
Basic weighted average number of shares outstanding (in shares) 80,471,316 85,008,040 88,905,457
Diluted weighted average number of shares outstanding (in shares) 80,495,163 85,109,843 89,224,207