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Selected Quarterly Financial Data (Unaudited)
12 Months Ended
Sep. 30, 2011
Selected Quartelry Financial Data [Abstract] 
Selected Quarterly Financial Data
SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)
The following is a summary of the unaudited interim results of operations by quarter for the years ended September 30, 2011 and 2010:
 
Year Ended September 30, 2011
First
Quarter
Second
Quarter
Third
Quarter
Fourth
Quarter
 
(In thousands, except per share data)
Interest income
$
165,590

$
158,539

$
161,531

$
158,975

Interest expense
60,856

56,984

55,399

54,457

Net interest income
104,734

101,555

106,132

104,518

Provision for loan losses
26,000

30,750

21,000

15,354

Other operating income (REO expense)
(6,127
)
2,866

(3,894
)
(6,962
)
Other operating expense
34,279

33,321

34,174

34,285

Income before income taxes
38,328

40,350

47,064

47,917

Income taxes
13,798

14,526

16,943

17,251

Net income
$
24,530

$
25,824

$
30,121

$
30,666

Basic earnings per share
$
0.22

$
0.23

$
0.27

$
0.28

Diluted earnings per share
0.22

0.23

0.27

0.28

Cash dividends per share
0.06

0.06

0.06

0.06

Return of average assets
0.73
%
0.77
%
0.90
%
0.91
%
 

Year Ended September 30, 2010
First
Quarter
Second
Quarter
Third
Quarter
Fourth
Quarter
 
(In thousands, except per share data)
Interest income
$
165,670

$
165,034

$
167,371

$
165,485

Interest expense
67,905

67,994

68,086

65,116

Net interest income
97,765

97,040

99,285

100,369

Provision for loan losses
69,750

63,423

20,736

26,000

Other operating income (REO expense)
11,518

74,419

(25,877
)
(20,105
)
Other operating expense
26,977

39,961

32,877

31,665

Income before income taxes
12,556

68,075

19,795

22,599

Income taxes
4,645

(14,036
)
7,127

6,636

Net income
$
7,911

$
82,111

$
12,668

$
15,963

Basic earnings per share
$
0.08

$
0.73

$
0.11

$
0.14

Diluted earnings per share
0.07

0.73

0.11

0.14

Cash dividends per share
0.05

0.05

0.05

0.05

Return of average assets
0.25
%
2.44
%
0.37
%
0.47
%