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Loans Receivable (Tables) | 3 Months Ended
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Dec. 31, 2015
Receivables [Abstract] |
Schedule of Loans Receivable | The following table is a summary of loans receivable (including LIP, net of charge offs.)
| December 31, 2015 |  | September 30, 2015
| (In thousands) |  | (In thousands)
Non-Acquired loans |  |  |  |  |
Single-family residential | $ | 5,629,715 |  | 55.7 | % |  | $ | 5,651,845 |  | 57.5 | %
Construction | 660,238 |  | 6.5 |  |  | 200,509 |  | 2.0 |
Construction - custom | 404,849 |  | 4.0 |  |  | 396,307 |  | 4.0 |
Land - acquisition & development | 97,025 |  | 1.0 |  |  | 94,208 |  | 1.0 |
Land - consumer lot loans | 102,376 |  | 1.0 |  |  | 103,989 |  | 1.1 |
Multi-family | 997,696 |  | 9.9 |  |  | 1,125,722 |  | 11.5 |
Commercial real estate | 839,157 |  | 8.3 |  |  | 986,270 |  | 10.0 |
Commercial & industrial | 751,073 |  | 7.4 |  |  | 612,836 |  | 6.2 |
HELOC | 127,919 |  | 1.3 |  |  | 127,646 |  | 1.3 |
Consumer | 181,142 |  | 1.8 |  |  | 194,655 |  | 2.0 |
Total non-acquired loans | 9,791,190 |  | 96.9 | % |  | 9,493,987 |  | 96.6 | %
Acquired loans | 164,380 |  | 1.6 |  |  | 166,293 |  | 1.7 |
Credit impaired acquired loans | 116,030 |  | 1.1 |  |  | 87,081 |  | 0.9 |
Covered loans | 38,584 |  | 0.4 |  |  | 75,909 |  | 0.8 |
Total gross loans | 10,110,184 |  | 100.0 | % |  | 9,823,270 |  | 100.0 | %
Less: |  |  |  |  |
Allowance for probable losses | 107,901 |  |  |  | 106,829 |  |
Loans in process | 535,850 |  |  |  | 476,796 |  |
Discount on acquired loans | 25,040 |  |  |  | 30,095 |  |
Deferred net origination fees | 38,663 |  |  |  | 38,916 |  |
Total loan contra accounts | 707,454 |  |  |  | 652,636 |  |
Net Loans | $ | 9,402,730 |  |  |  | $ | 9,170,634 |  |
Summary of Information Regarding Non-Accrual Loans | The following table sets forth information regarding non-accrual loans.
| December 31, 2015 |  | September 30, 2015
| (In thousands)
Non-accrual loans: |  |  |  |  |  |  |
Single-family residential | $ | 43,856 |  |  | 77.3 | % |  | $ | 59,074 |  |  | 87.1 | %
Construction | — |  |  | — |  |  | 754 |  |  | 1.1 | %
Construction - custom | 2,518 |  |  | 4.4 |  |  | 732 |  |  | 1.1 | %
Land - acquisition & development | 509 |  |  | 0.9 |  |  | — |  |  | — | %
Land - consumer lot loans | 939 |  |  | 1.7 |  |  | 1,273 |  |  | 1.9 | %
Multi-family | 1,538 |  |  | 2.7 |  |  | 2,558 |  |  | 3.8 | %
Commercial real estate | 6,681 |  |  | 11.8 |  |  | 2,176 |  |  | 3.2 | %
Commercial & industrial | 115 |  |  | 0.2 |  |  | — |  |  | — | %
HELOC | 473 |  |  | 0.8 |  |  | 563 |  |  | 0.8 | %
Consumer | 119 |  |  | 0.2 |  |  | 680 |  |  | 1.0 | %
Total non-accrual loans | $ | 56,748 |  |  | 100 | % |  | $ | 67,810 |  |  | 100 | %
Analysis of Age of Loans in Past Due Status | The following tables provide details regarding delinquent loans.
December 31, 2015 | Amount of Loans |  | Days Delinquent Based on $ Amount of Loans |  | % based on $
Type of Loan | Net of LIP & Chg.-Offs |  | Current |  | 30 |  | 60 |  | 90 |  | Total |
| (In thousands) |  |
Non-acquired loans |  |  |  |  |  |  |  |  |  |  |  |  |
Single-Family Residential | $ | 5,644,009 |  |  | $ | 5,576,774 |  |  | $ | 17,285 |  |  | $ | 9,939 |  |  | $ | 40,010 |  |  | $ | 67,234 |  |  | 1.19 | %
Construction | 325,485 |  |  | 324,619 |  |  | 560 |  |  | 306 |  |  | — |  |  | 866 |  |  | 0.27 |
Construction - Custom | 221,327 |  |  | 218,773 |  |  | 28 |  |  | 9 |  |  | 2,518 |  |  | 2,554 |  |  | 1.15 |
Land - Acquisition & Development | 85,830 |  |  | 84,805 |  |  | 387 |  |  | — |  |  | 638 |  |  | 1,025 |  |  | 1.19 |
Land - Consumer Lot Loans | 102,887 |  |  | 100,224 |  |  | 828 |  |  | 897 |  |  | 938 |  |  | 2,663 |  |  | 2.59 |
Multi-Family | 966,921 |  |  | 965,110 |  |  | 1,196 |  |  | — |  |  | 615 |  |  | 1,811 |  |  | 0.19 |
Commercial Real Estate | 929,495 |  |  | 920,582 |  |  | 841 |  |  | 1,933 |  |  | 6,139 |  |  | 8,913 |  |  | 0.96 |
Commercial & Industrial | 756,831 |  |  | 754,611 |  |  | 2,219 |  |  | 1 |  |  | — |  |  | 2,220 |  |  | 0.29 |
HELOC | 125,479 |  |  | 124,883 |  |  | 19 |  |  | 19 |  |  | 558 |  |  | 595 |  |  | 0.47 |
Consumer | 181,431 |  |  | 179,977 |  |  | 882 |  |  | 352 |  |  | 221 |  |  | 1,454 |  |  | 0.80 |
| 9,339,695 |  |  | 9,250,358 |  |  | 24,245 |  |  | 13,456 |  |  | 51,637 |  |  | 89,335 |  |  | 0.96 |
Acquired loans | 140,995 |  |  | 140,137 |  |  | 193 |  |  | 16 |  |  | 649 |  |  | 858 |  |  | 0.61 |
Credit impaired acquired loans | 55,060 |  |  | 52,806 |  |  | 854 |  |  | — |  |  | 1,400 |  |  | 2,254 |  |  | 4.09 |
Covered loans | 38,584 |  |  | 37,062 |  |  | 501 |  |  | 295 |  |  | 726 |  |  | 1,522 |  |  | 3.94 |
Total Loans | $ | 9,574,334 |  |  | $ | 9,480,363 |  |  | $ | 25,793 |  |  | $ | 13,767 |  |  | $ | 54,412 |  |  | $ | 93,969 |  |  | 0.98 | %
Delinquency % |  |  | 99.02% |  | 0.27% |  | 0.14% |  | 0.57% |  | 0.98% |  |
September 30, 2015 | Amount of Loans |  | Days Delinquent Based on $ Amount of Loans |  | % based on $
Type of Loan | Net of LIP & Chg.-Offs |  | Current |  | 30 |  | 60 |  | 90 |  | Total |
| (In thousands) |  |
Non-acquired loans |  |  |  |  |  |  |  |  |  |  |  |  |
Single-Family Residential | $ | 5,655,928 |  |  | $ | 5,590,673 |  |  | $ | 17,305 |  |  | $ | 7,757 |  |  | $ | 40,193 |  |  | $ | 65,255 |  |  | 1.15 | %
Construction | 130,121 |  |  | 130,121 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Construction - Custom | 205,692 |  |  | 204,168 |  |  | 791 |  |  | 270 |  |  | 463 |  |  | 1,524 |  |  | 0.74 |
Land - Acquisition & Development | 75,661 |  |  | 74,737 |  |  | 406 |  |  | — |  |  | 518 |  |  | 924 |  |  | 1.22 |
Land - Consumer Lot Loans | 104,494 |  |  | 102,045 |  |  | 689 |  |  | 399 |  |  | 1,361 |  |  | 2,449 |  |  | 2.34 |
Multi-Family | 1,068,038 |  |  | 1,065,667 |  |  | 259 |  |  | 454 |  |  | 1,658 |  |  | 2,371 |  |  | 0.22 |
Commercial Real Estate | 893,072 |  |  | 892,180 |  |  | 131 |  |  | — |  |  | 761 |  |  | 892 |  |  | 0.10 |
Commercial & Industrial | 617,545 |  |  | 616,602 |  |  | 93 |  |  | 27 |  |  | 823 |  |  | 943 |  |  | 0.15 |
HELOC | 127,648 |  |  | 127,196 |  |  | 174 |  |  | 27 |  |  | 251 |  |  | 452 |  |  | 0.35 |
Consumer | 194,977 |  |  | 194,259 |  |  | 493 |  |  | 170 |  |  | 55 |  |  | 718 |  |  | 0.37 |
| 9,073,176 |  |  | 8,997,648 |  |  | 20,341 |  |  | 9,104 |  |  | 46,083 |  |  | 75,528 |  |  | 0.83 |
Acquired loans | 57,682 |  |  | 56,559 |  |  | 356 |  |  | — |  |  | 767 |  |  | 1,123 |  |  | 1.95 |
Credit impaired acquired loans | 139,726 |  |  | 138,940 |  |  | 243 |  |  | 4 |  |  | 539 |  |  | 786 |  |  | 0.56 |
Covered loans | 75,890 |  |  | 70,729 |  |  | 272 |  |  | 90 |  |  | 4,799 |  |  | 5,161 |  |  | 6.80 |
Total Loans | $ | 9,346,474 |  |  | $ | 9,263,876 |  |  | $ | 21,212 |  |  | $ | 9,198 |  |  | $ | 52,188 |  |  | $ | 82,598 |  |  | 0.88 | %
Delinquency % |  |  | 99.12% |  | 0.23% |  | 0.10% |  | 0.56% |  | 0.88% |  |
Schedule of Impaired Loans, Loan Commitments and Loans Serviced | The following table provides information related to loans that were restructured in at TDR during the periods presented:
| Quarter Ended December 31,
| 2015 |  | 2014
|  |  | Pre-Modification |  | Post-Modification |  |  |  | Pre-Modification |  | Post-Modification
|  |  | Outstanding |  | Outstanding |  |  |  | Outstanding |  | Outstanding
| Number of |  | Recorded |  | Recorded |  | Number of |  | Recorded |  | Recorded
| Contracts |  | Investment |  | Investment |  | Contracts |  | Investment |  | Investment
|  |  | (In thousands) |  |  |  | (In thousands)
Troubled Debt Restructurings: |  |  |  |  |  |  |  |  |  |  |
Single-family residential | 3 |  |  | $ | 729 |  |  | $ | 729 |  |  | 35 |  |  | $ | 9,600 |  |  | $ | 9,600 |
Construction | — |  |  | — |  |  | — |  |  | 2 |  |  | 718 |  |  | 718 |
Land - consumer lot loans | — |  |  | — |  |  | — |  |  | 2 |  |  | 532 |  |  | 532 |
Commercial real estate | 5 |  |  | 965 |  |  | 965 |  |  | — |  |  | — |  |  | — |
Consumer | — |  |  | — |  |  | — |  |  | 1 |  |  | 85 |  |  | 85 |
| 8 |  |  | $ | 1,694 |  |  | $ | 1,694 |  |  | 40 |  |  | $ | 10,935 |  |  | $ | 10,935 |
Schedule of Loan Modifications | The following table provides information on payment defaults occurring during the periods presented where the loan had been modified in a TDR within 12 months of the payment default.
| Quarter Ended December 31,
| 2015 |  | 2014
| Number of |  | Recorded |  | Number of |  | Recorded
| Contracts |  | Investment |  | Contracts |  | Investment
| (In thousands) |  | (In thousands)
TDRs That Subsequently Defaulted: |  |  |  |  |  |  |
Single-family residential | 5 |  |  | $ | 668 |  |  | 8 |  |  | $ | 1,431 |
Land - consumer lot loans | 1 |  |  | 148 |  |  | 3 |  |  | 389 |
| 6 |  |  | $ | 816 |  |  | 11 |  |  | $ | 1,820 |
Schedule of Changes in the Accretable Yield for Credit Impaired Acquired Loans | The following table shows the changes in accretable yield for acquired impaired loans and acquired non-impaired loans (including covered loans).
| Quarter Ended December 31, 2015 |  | Fiscal Year Ended September 30, 2015
| 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)
Beginning balance | $ | 72,705 |  |  | $ | 111,300 |  |  | $ | 7,204 |  |  | $ | 187,080 |  |  | $ | 97,125 |  |  | $ | 135,826 |  |  | $ | 14,513 |  |  | $ | 275,862 |
Additions | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Net reclassification from nonaccretable | — |  |  | — |  |  | — |  |  | — |  |  | 6,307 |  |  | — |  |  | 346 |  |  | — |
Accretion | (5,526 | ) |  | 5,526 |  |  | (857 | ) |  | 857 |  |  | (30,727 | ) |  | 30,727 |  |  | (7,655 | ) |  | 7,655 |
Transfers to REO | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (2,975 | ) |  | — |  |  | (150 | )
Payments received, net | — |  |  | (7,680 | ) |  | — |  |  | (3,790 | ) |  | — |  |  | (52,278 | ) |  | — |  |  | (96,287 | )
Ending Balance | $ | 67,179 |  |  | $ | 109,146 |  |  | $ | 6,347 |  |  | $ | 184,147 |  |  | $ | 72,705 |  |  | $ | 111,300 |  |  | $ | 7,204 |  |  | $ | 187,080 |
Schedule of Activity for FDIC Indemnification Asset | The following table shows activity for the FDIC indemnification asset:
| Three Months Ended December 31, 2015 |  | Fiscal Year Ended September 30, 2015
| (In thousands)
Balance at beginning of period | $ | 16,275 |  |  | $ | 36,860 |
Additions | — |  |  | (1,795 | )
Payments received | (1,974 | ) |  | (720 | )
Amortization | (287 | ) |  | (18,588 | )
Accretion | 62 |  |  | 518 |
Balance at end of period | $ | 14,076 |  |  | $ | 16,275 |

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- Definition Tabular disclosure of financing receivables that are past due but not impaired, financing receivables that are 90 days past due and still accruing, and financing receivables on nonaccrual status. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=49124121&loc=d3e5111-111524 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 7A -URI http://asc.fasb.org/extlink&oid=49124121&loc=SL6953401-111524 + Details
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