Selected Quarterly Financial Data (Unaudited)

12 Months Ended

Sep. 30, 2014

Quarterly Financial Information Disclosure [Abstract]

Selected Quarterly Financial Data (Unaudited)

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, 2014 and 2013:



Year Ended September 30, 2014	First Quarter			Second Quarter			Third Quarter			Fourth Quarter
	(In thousands, except per share data)
Interest income	$	131,258		$	132,351		$	135,011		$	135,077
Interest expense	32,946			31,715			31,732			31,684
Net interest income	98,312			100,636			103,279			103,393
Provision for loan losses	(4,600		)	(4,336		)	(3,000		)	(3,465		)
Other operating income (REO expense)	3,837			7,255			6,016			10,808
Other operating expense	44,120			52,059			53,293			54,537
Income before income taxes	62,629			60,168			59,002			63,129
Income taxes	22,393			21,511			21,092			22,568
Net income	$	40,236		$	38,657		$	37,910		$	40,561

Basic earnings per share	$	0.39		$	0.38		$	0.38		$	0.41
Diluted earnings per share	0.39			0.38			0.37			0.41
Cash dividends per share	0.10			0.10			0.10			0.11
Return of average assets	1.19		%	1.07		%	1.04		%	1.10		%



Year Ended September 30, 2013	First Quarter			Second Quarter			Third Quarter			Fourth Quarter
	(In thousands, except per share data)
Interest income	$	131,309		$	126,505		$	128,176		$	130,302
Interest expense	35,875			33,482			33,461			33,343
Net interest income	95,434			93,023			94,715			96,959
Provision for loan losses	3,600			—			—			(2,250		)
Other operating income (REO expense)	1,638			2,043			5,236			11,157
Other operating expense	38,298			41,164			41,610			43,167
Income before income taxes	55,174			53,902			58,341			67,199
Income taxes	19,891			17,924			21,003			24,293
Net income	$	35,283		$	35,978		$	37,338		$	42,906

Basic earnings per share	$	0.33		$	0.34		$	0.36		$	0.42
Diluted earnings per share	0.33			0.34			0.36			0.41
Cash dividends per share	0.08			0.09			0.09			0.10
Return of average assets	1.11		%	1.10		%	1.15		%	1.32		%

- Definition

The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished.

+ References+ Details