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Covered Assets (Tables) | 12 Months Ended
--- | ---
Sep. 30, 2013
Covered Assets [Abstract] |
Summary of carrying value of acquired impaired and non-impaired loans | The following table reflects the carrying value of all acquired impaired and non-impaired loans as of September 30, 2013 and 2012:
| September 30, 2013 |  | September 30, 2012
| Acquired Impaired Loans | Acquired Non-impaired Loans | Total |  | Acquired Impaired Loans | Acquired Non-impaired Loans | Total
| (In thousands)
Single-family residential | $ | 28,428 |  | $ | 28,460 |  | $ | 56,888 |  |  | $ | 7,699 |  | $ | 35,676 |  | $ | 43,375 |
Construction – speculative | 440 |  | — |  | 440 |  |  | 4,519 |  | 90 |  | 4,609 |
Construction – custom | 1,197 |  | — |  | 1,197 |  |  | 1,196 |  | — |  | 1,196 |
Land – acquisition & development | 17,953 |  | 4,810 |  | 22,763 |  |  | 22,747 |  | 11,430 |  | 34,177 |
Land – consumer lot loans | 496 |  | 245 |  | 741 |  |  | 497 |  | 498 |  | 995 |
Multi-family | 6,933 |  | 18,852 |  | 25,785 |  |  | 4,698 |  | 27,645 |  | 32,343 |
Commercial real estate | 121,105 |  | 89,499 |  | 210,604 |  |  | 83,784 |  | 121,592 |  | 205,376 |
Commercial & industrial | 14,949 |  | 9,416 |  | 24,365 |  |  | 18,504 |  | 13,023 |  | 31,527 |
HELOC | 3,869 |  | 14,750 |  | 18,619 |  |  | 309 |  | 17,971 |  | 18,280 |
Consumer | 242 |  | 604 |  | 846 |  |  | 659 |  | 918 | 1,577 |
Total covered loans | $ | 195,612 |  | $ | 166,636 |  | $ | 362,248 |  |  | $ | 144,612 |  | $ | 228,843 |  | $ | 373,455 |
Allowance for losses | — |  | — |  | — |  |  | — |  | — |  | — |
| $ | 195,612 |  | $ | 166,636 |  | $ | 362,248 |  |  | $ | 144,612 |  | $ | 228,843 |  | $ | 373,455 |
Discount |  |  | (66,301 | ) |  |  |  | (85,079 | )
Covered loans, net |  |  | $ | 295,947 |  |  |  |  | $ | 288,376 |
Schedule of changes in carrying amount and accretable yield for acquired impaired and non-impaired loans | Changes in the carrying amount and accretable yield for acquired impaired and non-impaired loans were as follows for the fiscal years ended September 30, 2013 and 2012:
| September 30, 2013 |  | September 30, 2012
| Acquired Impaired |  | Acquired Non-impaired |  | Acquired Impaired |  | Acquired Non-impaired
| Accretable Yield |  | Carrying Amount of Loans |  | Accretable Yield |  | Carrying Amount of Loans |  | Accretable Yield |  | Carrying Amount of Loans |  | Accretable Yield |  | Carrying Amount of Loans
| (In thousands) |  | (In thousands)
Balance at beginning of period | $ | 50,902 |  |  | $ | 74,953 |  |  | $ | 23,789 |  |  | $ | 213,423 |  |  | $ | 37,072 |  |  | $ | 116,061 |  |  | $ | 30,370 |  |  | $ | 269,888 |
Additions | 43,299 |  |  | 107,946 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Reclassification from nonaccretable balance, net | 17,850 |  |  | — |  |  | — |  |  | — |  |  | 34,690 |  |  | — |  |  | — |  |  | — |
Accretion | (33,774 | ) |  | 33,774 |  |  | (6,526 | ) |  | 6,526 |  |  | (20,860 | ) |  | 20,860 |  |  | (6,581 | ) |  | 6,581 |
Transfers to REO | — |  |  | (11,196 | ) |  | — |  |  | — |  |  | — |  |  | (15,905 | ) |  | — |  |  | — |
Payments received, net | — |  |  | (67,386 | ) |  | — |  |  | (62,093 | ) |  | — |  |  | (46,063 | ) |  | — |  |  | (63,046 | )
Balance at end of period | $ | 78,277 |  |  | $ | 138,091 |  |  | $ | 17,263 |  |  | $ | 157,856 |  |  | $ | 50,902 |  |  | $ | 74,953 |  |  | $ | 23,789 |  |  | $ | 213,423 |
Schedule of activity for FDIC indemnification asset | The following table shows the year to date activity for the FDIC indemnification asset:
| September 30, 2013 |  | September 30, 2012
| (In thousands)
Balance at beginning of period | $ | 87,571 |  |  | $ | 101,634 |
Additions | 18,101 |  |  | 3,284 |
Payments received | (13,421 | ) |  | (3,456 | )
Amortization | (28,722 | ) |  | (15,510 | )
Accretion | 1,086 |  |  | 1,619 |
Balance at end of period | $ | 64,615 |  |  | $ | 87,571 |
Summary of loans based on credit quality indicators | The following tables provide information on loans based on credit quality indicators (defined above) as of September 30, 2013 and 2012:
September 30, 2013 | Internally Assigned Grade |  | Total
| Pass |  | Special mention |  | Substandard |  | Doubtful |  | Loss |  | Gross Loans
| (In thousands)
Non-acquired loans |  |  |  |  |  |  |  |  |  |  |
Single-family residential | $ | 5,184,101 |  |  | $ | 4,595 |  |  | $ | 170,453 |  |  | $ | — |  |  | $ | — |  |  | $ | 5,359,149 |
Construction - speculative | 99,436 |  |  | 3,199 |  |  | 28,143 |  |  | — |  |  | — |  |  | 130,778 |
Construction - custom | 302,722 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 302,722 |
Land - acquisition & development | 64,355 |  |  | 775 |  |  | 12,645 |  |  | — |  |  | — |  |  | 77,775 |
Land - consumer lot loans | 121,039 |  |  | — |  |  | 632 |  |  | — |  |  | — |  |  | 121,671 |
Multi-family | 819,911 |  |  | 2,114 |  |  | 9,659 |  |  | — |  |  | — |  |  | 831,684 |
Commercial real estate | 373,012 |  |  | 21,652 |  |  | 20,297 |  |  | — |  |  | — |  |  | 414,961 |
Commercial & industrial | 240,441 |  |  | 1,049 |  |  | 1,709 |  |  | — |  |  | — |  |  | 243,199 |
HELOC | 112,186 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 112,186 |
Consumer | 46,720 |  |  | — |  |  | 421 |  |  | — |  |  | — |  |  | 47,141 |
| $ | 7,363,923 |  |  | $ | 33,384 |  |  | $ | 243,959 |  |  | $ | — |  |  | $ | — |  |  | $ | 7,641,266 |
Acquired loans |  |  |  |  |  |  |  |  |  |  |
Single-family residential | $ | 14,468 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 14,468 |
Construction - speculative | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Construction - custom | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Land - acquisition & development | 312 |  |  | — |  |  | 1,177 |  |  | — |  |  | — |  |  | 1,489 |
Land - consumer lot loans | 3,313 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 3,313 |
Multi-family | 3,227 |  |  | — |  |  | 687 |  |  | — |  |  | — |  |  | 3,914 |
Commercial real estate | 105,055 |  |  | 4,190 |  |  | 24,178 |  |  | — |  |  | — |  |  | 133,423 |
Commercial & industrial | 64,933 |  |  | 1,309 |  |  | 9,084 |  |  | — |  |  | — |  |  | 75,326 |
HELOC | 10,179 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 10,179 |
Consumer | 8,267 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 8,267 |
| $ | 209,754 |  |  | $ | 5,499 |  |  | $ | 35,126 |  |  | $ | — |  |  | $ | — |  |  | $ | 250,379 |
Credit impaired acquired loans |  |  |  |  |  |  |  |  |  |  |
Pool 1 - Construction and land A&D | $ | 980 |  |  | $ | 461 |  |  | $ | 955 |  |  | $ | — |  |  | $ | — |  |  | $ | 2,396 |
Pool 2 - Single-family residential | 333 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 333 |
Pool 3 - Multi-family | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Pool 4 - HELOC & other consumer | 11,337 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 11,337 |
Pool 5 - Commercial real estate | 52,509 |  |  | 3,155 |  |  | 21,245 |  |  | — |  |  | — |  |  | 76,909 |
Pool 6 - Commercial & industrial | 881 |  |  | — |  |  | 7,044 |  |  | — |  |  | — |  |  | 7,925 |
Total credit impaired acquired loans | $ | 66,040 |  |  | $ | 3,616 |  |  | $ | 29,244 |  |  | $ | — |  |  | $ | — |  |  | $ | 98,900 |
Total gross loans | $ | 7,639,717 |  |  | $ | 42,499 |  |  | $ | 308,329 |  |  | $ | — |  |  | $ | — |  |  | $ | 7,990,545 |
Total grade as a % of total gross loans | 95.6 | % |  | 0.5 | % |  | 3.9 | % |  | — | % |  | — | % |  |
September 30, 2012 | Internally Assigned Grade |  | Total
| Pass |  | Special mention |  | Substandard |  | Doubtful |  | Loss |  | Gross Loans
| (In thousands)
Non-acquired loans |  |  |  |  |  |  |  |  |  |  |
Single-family residential | $ | 5,588,252 |  |  | $ | 844 |  |  | $ | 189,826 |  |  | $ | — |  |  | $ | — |  |  | $ | 5,778,922 |
Construction - speculative | 86,126 |  |  | 10,113 |  |  | 33,398 |  |  | — |  |  | — |  |  | 129,637 |
Construction - custom | 211,690 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 211,690 |
Land - acquisition & development | 73,661 |  |  | 4,637 |  |  | 46,379 |  |  | — |  |  | — |  |  | 124,677 |
Land - consumer lot loans | 140,006 |  |  | 223 |  |  | 1,615 |  |  | — |  |  | — |  |  | 141,844 |
Multi-family | 684,649 |  |  | 5,098 |  |  | 20,393 |  |  | — |  |  | — |  |  | 710,140 |
Commercial real estate | 278,022 |  |  | 16,282 |  |  | 24,906 |  |  | — |  |  | — |  |  | 319,210 |
Commercial & industrial | 158,421 |  |  | 1,071 |  |  | 3,331 |  |  | — |  |  | — |  |  | 162,823 |
HELOC | 112,902 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 112,902 |
Consumer | 62,611 |  |  | 354 |  |  | 409 |  |  | — |  |  | — |  |  | 63,374 |
| $ | 7,396,340 |  |  | $ | 38,622 |  |  | $ | 320,257 |  |  | $ | — |  |  | $ | — |  |  | $ | 7,755,219 |
Acquired loans |  |  |  |  |  |  |  |  |  |  |
Single-family residential | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Construction - speculative | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Construction - custom | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Land - acquisition & development | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Land - consumer lot loans | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Multi-family | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Commercial real estate | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Commercial & industrial | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
HELOC | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Consumer | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
| $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Credit impaired acquired loans |  |  |  |  |  |  |  |  |  |  |
Pool 1 - Construction and land A&D | $ | 2,466 |  |  | $ | — |  |  | $ | 3,125 |  |  | $ | — |  |  | $ | — |  |  | $ | 5,591 |
Pool 2 - Single-family residential | 342 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 342 |
Pool 3 - Multi-family | — |  |  | — |  |  | 601 |  |  | — |  |  | — |  |  | 601 |
Pool 4 - HELOC & other consumer | 14,137 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 14,137 |
Pool 5 - Commercial real estate | 53,683 |  |  | 4,308 |  |  | 28,200 |  |  | 963 |  |  | — |  |  | 87,154 |
Pool 6 - Commercial & industrial | 1,566 |  |  | 58 |  |  | 733 |  |  | 935 |  |  | — |  |  | 3,292 |
Total credit impaired acquired loans | $ | 72,194 |  |  | $ | 4,366 |  |  | $ | 32,659 |  |  | $ | 1,898 |  |  | $ | — |  |  | $ | 111,117 |
Total gross loans | $ | 7,468,534 |  |  | $ | 42,988 |  |  | $ | 352,916 |  |  | $ | 1,898 |  |  | $ | — |  |  | $ | 7,866,336 |
Total grade as a % of total gross loans | 94.9 | % |  | 0.6 | % |  | 4.5 | % |  | — | % |  | — | % |  |
The following tables provide information on covered loans based on credit quality indicators (defined in Note A) as of September 30, 2013:
| Internally Assigned Grade |  | Total Net Loans
| Pass |  | Special mention |  | Substandard |  | Doubtful |  | Loss |
| (In thousands)
Purchased non-credit impaired loans: |  |  |  |  |  |  |  |  |  |  |
Single-family residential | $ | 26,426 |  |  | $ | — |  |  | $ | 2,034 |  |  | $ | — |  |  | $ | — |  |  | $ | 28,460 |
Construction - speculative | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Construction - custom | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Land - acquisition & development | 3,069 |  |  | 1,019 |  |  | 722 |  |  | — |  |  | — |  |  | 4,810 |
Land - consumer lot loans | 245 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 245 |
Multi-family | 17,217 |  |  | — |  |  | 1,635 |  |  | — |  |  | — |  |  | 18,852 |
Commercial real estate | 56,120 |  |  | 9,235 |  |  | 24,144 |  |  | — |  |  | — |  |  | 89,499 |
Commercial & industrial | 5,175 |  |  | 500 |  |  | 3,741 |  |  | — |  |  | — |  |  | 9,416 |
HELOC | 14,750 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 14,750 |
Consumer | 604 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 604 |
| 123,606 |  |  | 10,754 |  |  | 32,276 |  |  | — |  |  | — |  |  | 166,636 |
Total grade as a % of total net loans | 74.2 | % |  | 6.4 | % |  | 19.4 | % |  | — | % |  | — | % |  |
Purchased credit impaired loans: |  |  |  |  |  |  |  |
Pool 1 - Construction and land A&D | 14,361 |  |  | 4,296 |  |  | 25,363 |  |  | — |  |  | — |  |  | 44,020 |
Pool 2 - Single-family residential | 21,541 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 21,541 |
Pool 3 - Multi-family | 4,131 |  |  | — |  |  | 1,100 |  |  | — |  |  | — |  |  | 5,231 |
Pool 4 - HELOC & other consumer | 4,111 |  |  | — |  |  | 1,880 |  |  | — |  |  | — |  |  | 5,991 |
Pool 5 - Commercial real estate | 36,494 |  |  | 15,113 |  |  | 53,946 |  |  | — |  |  | — |  |  | 105,553 |
Pool 6 - Commercial & industrial | 4,265 |  |  | 204 |  |  | 8,807 |  |  | — |  |  | — |  |  | 13,276 |
| $ | 84,903 |  |  | $ | 19,613 |  |  | $ | 91,096 |  |  | $ | — |  |  | $ | — |  |  | $ | 195,612 |
|  |  |  |  |  |  |  |  | Total covered loans |  | 362,248 |
|  |  |  |  |  |  |  |  | Discount |  | (66,301 | )
|  |  |  |  |  |  |  |  | Allowance |  | $ | — |
|  |  |  |  |  |  |  |  | Covered loans, net |  | $ | 295,947 |
Analysis of age of purchased non-credit impaired loans in past due status | The following table provides an analysis of the payment status of purchased non-credit impaired loans in past due status for the period ended September 30, 2013.
| Amount of Loans Net of LIP & Chg.-Offs |  | Days Delinquent Based on $ Amount of Loans |  | % based on $
Type of Loans | Current |  | 30 |  | 60 |  | 90 |  | Total |
| (In thousands) |  |
Single-family residential | $ | 28,460 |  |  | $ | 27,411 |  |  | $ | 78 |  |  | $ | — |  |  | $ | 971 |  |  | $ | 1,049 |  |  | 3.69 | %
Construction - speculative | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | NM |
Construction - custom | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | NM |
Land - acquisition & development | 4,810 |  |  | 4,774 |  |  | — |  |  | — |  |  | 36 |  |  | 36 |  |  | 0.75 | %
Land - consumer lot loans | 245 |  |  | 199 |  |  | — |  |  | — |  |  | 46 |  |  | 46 |  |  | 18.78 | %
Multi-family | 18,852 |  |  | 17,511 |  |  | — |  |  | — |  |  | 1,341 |  |  | 1,341 |  |  | 7.11 | %
Commercial real estate | 89,499 |  |  | 84,949 |  |  | 2,779 |  |  | 455 |  |  | 1,316 |  |  | 4,550 |  |  | 5.08 | %
Commercial & industrial | 9,416 |  |  | 9,416 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — | %
HELOC | 14,750 |  |  | 14,334 |  |  | 103 |  |  | 74 |  |  | 239 |  |  | 416 |  |  | 2.82 | %
Consumer | 604 |  |  | 601 |  |  | 3 |  |  | — |  |  | — |  |  | 3 |  |  | 0.50 | %
| $ | 166,636 |  |  | $ | 159,195 |  |  | $ | 2,963 |  |  | $ | 529 |  |  | $ | 3,949 |  |  | $ | 7,441 |  |  | 4.47 | %

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- Definition Tabular disclosure of financing receivables by credit quality indicator. The credit quality indicator is a statistic about the credit quality of financing receivables. Examples include, but not limited to, consumer credit risk scores, credit-rating-agency ratings, an entity's internal credit risk grades, loan-to-value ratios, collateral, collection experience and other internal metrics. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=28368275&loc=SL6953659-111524 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 55 -Paragraph 19 -URI http://asc.fasb.org/extlink&oid=32702940&loc=SL6953803-111525 + Details
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- Definition Analysis of Aging of Non-Credit Impaired Loans [Table Text Block] + References No definition available. + Details
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- Details
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- Definition Schedule of Acquired Covered Loans by Stauts of Loan [Table Text Block] + References No definition available. + Details
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