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Loans Receivable (Tables) | 6 Months Ended
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Mar. 31, 2016
Receivables [Abstract] |
Schedule of Loans Receivable | The following table is a summary of loans receivable (including loans in process, net of charge offs.)
| March 31, 2016 |  | September 30, 2015
| (In thousands) |  | (In thousands)
Non-Acquired loans |  |  |  |  |
Single-family residential | $ | 5,618,954 |  | 54.5 | % |  | $ | 5,651,845 |  | 57.6 | %
Construction | 785,846 |  | 7.6 |  |  | 200,509 |  | 2.0 |
Construction - custom | 398,797 |  | 3.9 |  |  | 396,307 |  | 4.0 |
Land - acquisition & development | 101,605 |  | 1.0 |  |  | 94,208 |  | 1.0 |
Land - consumer lot loans | 100,856 |  | 1.0 |  |  | 103,989 |  | 1.1 |
Multi-family | 1,073,222 |  | 10.4 |  |  | 1,125,722 |  | 11.6 |
Commercial real estate | 833,570 |  | 8.1 |  |  | 986,270 |  | 10.0 |
Commercial & industrial | 805,272 |  | 7.8 |  |  | 612,836 |  | 6.2 |
HELOC | 130,459 |  | 1.3 |  |  | 127,646 |  | 1.3 |
Consumer | 164,672 |  | 1.6 |  |  | 194,655 |  | 2.0 |
Total non-acquired loans | 10,013,253 |  | 97.2 | % |  | 9,493,987 |  | 96.8 | %
Acquired loans | 152,572 |  | 1.5 |  |  | 166,293 |  | 1.6 |
Credit impaired acquired loans | 106,637 |  | 1.0 |  |  | 87,081 |  | 0.9 |
Covered loans | 34,211 |  | 0.3 |  |  | 75,909 |  | 0.7 |
Total gross loans | 10,306,673 |  | 100.0 | % |  | 9,823,270 |  | 100.0 | %
Less: |  |  |  |  |
Allowance for loan losses | 109,919 |  |  |  | 106,829 |  |
Loans in process | 591,667 |  |  |  | 476,796 |  |
Discount on acquired loans | 21,120 |  |  |  | 30,095 |  |
Deferred net origination fees | 38,645 |  |  |  | 38,916 |  |
Total loan contra accounts | 761,351 |  |  |  | 652,636 |  |
Net Loans | $ | 9,545,322 |  |  |  | $ | 9,170,634 |  |
Summary of Information Regarding Non-Accrual Loans | The following table sets forth information regarding non-accrual loans.
| March 31, 2016 |  | September 30, 2015
| (In thousands)
Non-accrual loans: |  |  |  |  |  |  |
Single-family residential | $ | 42,395 |  |  | 77.7 | % |  | $ | 59,074 |  |  | 87.1 | %
Construction | — |  |  | — |  |  | 754 |  |  | 1.1 |
Construction - custom | 67 |  |  | 0.1 |  |  | 732 |  |  | 1.1 |
Land - acquisition & development | 477 |  |  | 0.9 |  |  | — |  |  | — |
Land - consumer lot loans | 940 |  |  | 1.7 |  |  | 1,273 |  |  | 1.9 |
Multi-family | 1,520 |  |  | 2.8 |  |  | 2,558 |  |  | 3.8 |
Commercial real estate | 7,701 |  |  | 14.1 |  |  | 2,176 |  |  | 3.2 |
Commercial & industrial | 596 |  |  | 1.1 |  |  | — |  |  | — |
HELOC | 554 |  |  | 1.0 |  |  | 563 |  |  | 0.8 |
Consumer | 309 |  |  | 0.6 |  |  | 680 |  |  | 1.0 |
Total non-accrual loans | $ | 54,559 |  |  | 100 | % |  | $ | 67,810 |  |  | 100 | %
Analysis of Age of Loans in Past Due Status | The following tables provide details regarding delinquent loans.
March 31, 2016 | 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 | $ | 5,624,134 |  |  | $ | 5,558,731 |  |  | $ | 18,000 |  |  | $ | 7,785 |  |  | $ | 39,618 |  |  | $ | 65,403 |  |  | 1.16 | %
Construction | 396,322 |  |  | 396,181 |  |  | — |  |  | — |  |  | 141 |  |  | 141 |  |  | 0.04 |
Construction - Custom | 212,067 |  |  | 209,153 |  |  | 1,047 |  |  | 1,800 |  |  | 67 |  |  | 2,914 |  |  | 1.37 |
Land - Acquisition & Development | 92,467 |  |  | 90,541 |  |  | 1,445 |  |  | — |  |  | 481 |  |  | 1,926 |  |  | 2.08 |
Land - Consumer Lot Loans | 101,372 |  |  | 99,379 |  |  | 563 |  |  | 490 |  |  | 940 |  |  | 1,993 |  |  | 1.97 |
Multi-Family | 1,077,248 |  |  | 1,075,662 |  |  | 970 |  |  | — |  |  | 616 |  |  | 1,586 |  |  | 0.15 |
Commercial Real Estate | 889,342 |  |  | 881,896 |  |  | 1,766 |  |  | 53 |  |  | 5,627 |  |  | 7,446 |  |  | 0.84 |
Commercial & Industrial | 810,452 |  |  | 808,825 |  |  | 862 |  |  | — |  |  | 765 |  |  | 1,627 |  |  | 0.20 |
HELOC | 130,446 |  |  | 129,456 |  |  | 378 |  |  | 63 |  |  | 549 |  |  | 990 |  |  | 0.76 |
Consumer | 164,942 |  |  | 163,620 |  |  | 757 |  |  | 207 |  |  | 358 |  |  | 1,322 |  |  | 0.80 |
| 9,498,792 |  |  | 9,413,444 |  |  | 25,788 |  |  | 10,398 |  |  | 49,162 |  |  | 85,348 |  |  | 0.90 |
Acquired loans | 131,079 |  |  | 130,030 |  |  | 376 |  |  | 2 |  |  | 671 |  |  | 1,049 |  |  | 0.80 |
Credit impaired acquired loans | 50,924 |  |  | 50,604 |  |  | — |  |  | 44 |  |  | 276 |  |  | 320 |  |  | 0.63 |
Covered loans | 34,211 |  |  | 33,575 |  |  | 38 |  |  | 2 |  |  | 596 |  |  | 636 |  |  | 1.86 |
Total Loans | $ | 9,715,006 |  |  | $ | 9,627,653 |  |  | $ | 26,202 |  |  | $ | 10,446 |  |  | $ | 50,705 |  |  | $ | 87,353 |  |  | 0.90 | %
Delinquency % |  |  | 99.10% |  | 0.27% |  | 0.11% |  | 0.52% |  | 0.90% |  |
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 tables provide information related to loans that were restructured in a troubled debt restructuring ("TDR") during the periods presented:
| Three Months Ended March 31,
| 2016 |  | 2015
|  |  | 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 | 7 |  |  | $ | 1,101 |  |  | $ | 1,101 |  |  | 14 |  |  | $ | 2,664 |  |  | $ | 2,664 |
Land - consumer lot loans | — |  |  | — |  |  | — |  |  | 4 |  |  | 720 |  |  | 720 |
Commercial real estate |  |  |  |  |  |  |  |  |  | 3 |  |  | 3,175 |  |  | 3,175 |
| 7 |  |  | $ | 1,101 |  |  | $ | 1,101 |  |  | 21 |  |  | $ | 6,559 |  |  | $ | 6,559 |
| Six Months Ended March 31,
| 2016 |  | 2015
|  |  | 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 | 10 |  |  | $ | 1,830 |  |  | $ | 1,830 |  |  | 49 |  |  | $ | 12,264 |  |  | $ | 12,264 |
Construction | — |  |  | — |  |  | — |  |  | 2 |  |  | 718 |  |  | 718 |
Land - consumer lot loans | — |  |  | — |  |  | — |  |  | 6 |  |  | 1,252 |  |  | 1,252 |
Commercial real estate | 5 |  |  | 965 |  |  | 965 |  |  | 3 |  |  | 3,175 |  |  | 3,175 |
Consumer | — |  |  | — |  |  | — |  |  | 1 |  |  | 85 |  |  | 85 |
| 15 |  |  | $ | 2,795 |  |  | $ | 2,795 |  |  | 61 |  |  | $ | 17,494 |  |  | $ | 17,494 |
Schedule of Loan Modifications | The following tables provide 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.
| Three Months Ended March 31,
| 2016 |  | 2015
| Number of |  | Recorded |  | Number of |  | Recorded
| Contracts |  | Investment |  | Contracts |  | Investment
| (In thousands) |  | (In thousands)
TDRs That Subsequently Defaulted: |  |  |  |  |  |  |
Single-family residential | 6 |  |  | $ | 871 |  |  | 2 |  |  | $ | 304 |
Land - consumer lot loans | 1 |  |  | 146 |  |  | 2 |  |  | 301 |
Commercial real estate | 1 |  |  | 152 |  |  | — |  |  | — |
| 8 |  |  | $ | 1,169 |  |  | 4 |  |  | $ | 605 |
| Six Months Ended March 31,
| 2016 |  | 2015
| Number of |  | Recorded |  | Number of |  | Recorded
| Contracts |  | Investment |  | Contracts |  | Investment
| (In thousands) |  | (In thousands)
TDRs That Subsequently Defaulted: |  |  |  |  |  |  |
Single-family residential | 8 |  |  | $ | 1,095 |  |  | 7 |  |  | $ | 1,237 |
Land - consumer lot loans | 1 |  |  | 146 |  |  | 3 |  |  | 389 |
Commercial real estate | 1 |  |  | 152 |  |  | — |  |  | — |
| 10 |  |  | $ | 1,393 |  |  | 10 |  |  | $ | 1,626 |
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).
| Six Months Ended March 31, 2016 |  | 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 | (11,010 | ) |  | 11,010 |  |  | (1,485 | ) |  | 1,485 |  |  | (30,727 | ) |  | 30,727 |  |  | (7,655 | ) |  | 7,655 |
Transfers to REO | — |  |  | (123 | ) |  | — |  |  | — |  |  | — |  |  | (2,975 | ) |  | — |  |  | (150 | )
Payments received, net | — |  |  | (21,039 | ) |  | — |  |  | (17,419 | ) |  | — |  |  | (52,278 | ) |  | — |  |  | (96,287 | )
Ending Balance | $ | 61,695 |  |  | $ | 101,148 |  |  | $ | 5,719 |  |  | $ | 171,146 |  |  | $ | 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:
| Six Months Ended March 31, 2016 |  | Year Ended September 30, 2015
| (In thousands)
Balance at beginning of period | $ | 16,275 |  |  | $ | 36,860 |
Additions/Adjustments | — |  |  | (1,795 | )
Payments received | (2,153 | ) |  | (720 | )
Amortization | (773 | ) |  | (18,588 | )
Accretion | 131 |  |  | 518 |
Balance at end of period | $ | 13,480 |  |  | $ | 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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- Definition Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.3,4) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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