XML 38 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) (USD $)
In Thousands, except Share data, unless otherwise specified
 3 Months Ended 9 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
INTEREST INCOME        
Loans $ 118,115 $ 127,736 $ 369,366 $ 394,286
Mortgage-backed securities 25,101 30,529 80,079 80,386
Investment securities and cash equivalents 2,168 3,266 6,446 10,988
Investment Income, Interest and Dividend 145,384 161,531 455,891 485,660
INTEREST EXPENSE        
Customer accounts 20,903 27,581 66,868 89,765
FHLB advances and other borrowings 27,946 27,818 84,172 83,474
Interest Expense 48,849 55,399 151,040 173,239
Net interest income 96,535 106,132 304,851 312,421
Provision for loan losses 10,367 21,000 39,576 77,750
Net interest income after provision for loan losses 86,168 85,132 265,275 234,671
OTHER INCOME        
Gain on sale of investments 0 0 0 8,147
Other 3,590 4,277 13,263 13,067
Noninterest Income 3,590 4,277 13,263 21,214
OTHER EXPENSE        
Compensation and benefits 19,281 18,471 58,141 54,018
Occupancy 3,952 3,628 11,977 10,780
FDIC insurance premiums 4,000 5,100 12,543 15,299
Other 8,730 6,975 24,479 21,677
Noninterest Expense 35,963 34,174 107,140 101,774
Gain (loss) on real estate acquired through foreclosure, net 1,146 (8,171) (11,005) (28,369)
Income before income taxes 54,941 47,064 160,393 125,742
Income tax provision 19,778 16,943 57,742 45,267
NET INCOME $ 35,163 $ 30,121 $ 102,651 $ 80,475
PER SHARE DATA        
Basic earnings (in dollars per share) $ 0.33 $ 0.27 $ 0.96 $ 0.72
Diluted earnings (in dollars per share) $ 0.33 $ 0.27 $ 0.96 $ 0.72
Cash dividends per share (in dollars per share) $ 0.08 $ 0.06 $ 0.24 $ 0.18
Basic weighted average number of shares outstanding (in shares) 106,877,112 111,158,254 107,308,948 111,962,708
Diluted weighted average number of shares outstanding, including dilutive stock options (in shares) 106,926,755 111,248,177 107,347,668 112,043,350