XML 61 R44.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Allowance for Losses on Loans - Allowance for Loan Losses (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Financing Receivable, Allowance for Credit Loss [Roll Forward]        
Beginning Allowance $ 201,577 $ 177,420 $ 177,207 $ 172,808
Charge-offs (2,713) (10,543) (3,351) (16,897)
Recoveries 1,460 192 2,065 1,158
Provision & Transfers 3,500 11,000 27,903 21,000
Ending Allowance 203,824 178,069 203,824 178,069
Provision and transfers 3,500 11,000 27,903 21,000
Non-PCD        
Financing Receivable, Allowance for Credit Loss [Roll Forward]        
Provision & Transfers     16,000  
Provision and transfers     16,000  
PCD | Luther Burbank        
Financing Receivable, Allowance for Credit Loss [Roll Forward]        
Provision & Transfers     7,403  
Provision and transfers     7,403  
Unfunded commitments        
Financing Receivable, Allowance for Credit Loss [Roll Forward]        
Provision & Transfers 2,000 2,000 3,000 6,000
Provision and transfers 2,000 2,000 3,000 6,000
Commercial loans        
Financing Receivable, Allowance for Credit Loss [Roll Forward]        
Beginning Allowance 149,413 137,665 137,194 133,476
Charge-offs (2,549) (10,469) (2,694) (16,605)
Recoveries 1,022 34 1,159 143
Provision & Transfers 5,309 10,955 17,536 21,171
Ending Allowance 153,195 138,185 153,195 138,185
Provision and transfers 5,309 10,955 17,536 21,171
Commercial loans | Multi-family        
Financing Receivable, Allowance for Credit Loss [Roll Forward]        
Beginning Allowance 21,979 13,038 13,155 12,013
Charge-offs 0 0 0 0
Recoveries 0 0 0 0
Provision & Transfers 3,220 (62) 12,044 963
Ending Allowance 25,199 12,976 25,199 12,976
Provision and transfers 3,220 (62) 12,044 963
Commercial loans | Commercial real estate        
Financing Receivable, Allowance for Credit Loss [Roll Forward]        
Beginning Allowance 32,991 27,803 28,842 25,814
Charge-offs (203) 0 (203) 0
Recoveries 2 0 4 5
Provision & Transfers 6,966 329 11,113 2,313
Ending Allowance 39,756 28,132 39,756 28,132
Provision and transfers 6,966 329 11,113 2,313
Commercial loans | Commercial & industrial        
Financing Receivable, Allowance for Credit Loss [Roll Forward]        
Beginning Allowance 59,261 63,301 58,773 57,210
Charge-offs (2,346) (10,469) (2,473) (16,605)
Recoveries 1,003 10 1,067 84
Provision & Transfers (85) 9,073 466 21,226
Ending Allowance 57,833 61,915 57,833 61,915
Provision and transfers (85) 9,073 466 21,226
Commercial loans | Construction        
Financing Receivable, Allowance for Credit Loss [Roll Forward]        
Beginning Allowance 27,317 26,027 29,408 26,161
Charge-offs 0 0 0 0
Recoveries 0 0 0 0
Provision & Transfers (4,610) 1,889 (6,701) 1,755
Ending Allowance 22,707 27,916 22,707 27,916
Provision and transfers (4,610) 1,889 (6,701) 1,755
Commercial loans | Land - acquisition & development        
Financing Receivable, Allowance for Credit Loss [Roll Forward]        
Beginning Allowance 7,865 7,496 7,016 12,278
Charge-offs 0 0 (18) 0
Recoveries 17 24 88 54
Provision & Transfers (182) (274) 614 (5,086)
Ending Allowance 7,700 7,246 7,700 7,246
Provision and transfers (182) (274) 614 (5,086)
Consumer loans        
Financing Receivable, Allowance for Credit Loss [Roll Forward]        
Beginning Allowance 52,164 39,755 40,013 39,332
Charge-offs (164) (74) (657) (292)
Recoveries 438 158 906 1,015
Provision & Transfers (1,809) 45 10,367 (171)
Ending Allowance 50,629 39,884 50,629 39,884
Provision and transfers (1,809) 45 10,367 (171)
Consumer loans | Construction        
Financing Receivable, Allowance for Credit Loss [Roll Forward]        
Beginning Allowance 1,918 3,456 2,781 3,410
Charge-offs 0 0 0 0
Recoveries 0 0 0 0
Provision & Transfers (424) (235) (1,287) (189)
Ending Allowance 1,494 3,221 1,494 3,221
Provision and transfers (424) (235) (1,287) (189)
Consumer loans | Single-family residential        
Financing Receivable, Allowance for Credit Loss [Roll Forward]        
Beginning Allowance 41,054 26,916 28,029 25,518
Charge-offs (13) 0 (144) (34)
Recoveries 118 18 293 552
Provision & Transfers (843) 149 12,138 1,047
Ending Allowance 40,316 27,083 40,316 27,083
Provision and transfers (843) 149 12,138 1,047
Consumer loans | Land - consumer lot loans        
Financing Receivable, Allowance for Credit Loss [Roll Forward]        
Beginning Allowance 3,214 3,945 3,512 5,047
Charge-offs 0 0 0 0
Recoveries 2 9 57 14
Provision & Transfers (568) (184) (921) (1,291)
Ending Allowance 2,648 3,770 2,648 3,770
Provision and transfers (568) (184) (921) (1,291)
Consumer loans | HELOC        
Financing Receivable, Allowance for Credit Loss [Roll Forward]        
Beginning Allowance 2,974 2,662 2,859 2,482
Charge-offs 0 0 0 0
Recoveries 1 0 3 1
Provision & Transfers (51) 81 62 260
Ending Allowance 2,924 2,743 2,924 2,743
Provision and transfers (51) 81 62 260
Consumer loans | Consumer        
Financing Receivable, Allowance for Credit Loss [Roll Forward]        
Beginning Allowance 3,004 2,776 2,832 2,875
Charge-offs (151) (74) (513) (258)
Recoveries 317 131 553 448
Provision & Transfers 77 234 375 2
Ending Allowance 3,247 3,067 3,247 3,067
Provision and transfers $ 77 $ 234 $ 375 $ 2