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Loans Receivable (Tables) | 3 Months Ended
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Dec. 31, 2016
Receivables [Abstract] |
Schedule of Loans Receivable | The following table is a summary of loans receivable.
| December 31, 2016 |  | September 30, 2016
| (In thousands) |  | (In thousands)
Gross loans by category |  |  |  |  |
Single-family residential | $ | 5,624,263 |  | 49.6 | % |  | $ | 5,658,830 |  | 51.7 | %
Construction | 1,265,747 |  | 11.2 |  |  | 1,110,411 |  | 10.1 |
Construction - custom | 494,447 |  | 4.4 |  |  | 473,069 |  | 4.3 |
Land - acquisition & development | 119,085 |  | 1.1 |  |  | 118,497 |  | 1.1 |
Land - consumer lot loans | 101,104 |  | 0.9 |  |  | 104,567 |  | 1.0 |
Multi-family | 1,217,594 |  | 10.7 |  |  | 1,124,290 |  | 10.3 |
Commercial real estate | 1,207,573 |  | 10.7 |  |  | 1,093,639 |  | 10.0 |
Commercial & industrial | 1,025,821 |  | 9.1 |  |  | 978,589 |  | 8.9 |
HELOC | 148,452 |  | 1.3 |  |  | 149,716 |  | 1.4 |
Consumer | 124,547 |  | 1.1 |  |  | 139,000 |  | 1.3 |
Total gross loans | 11,328,633 |  | 100.0 | % |  | 10,950,608 |  | 100.0 | %
Less: |  |  |  |  |
Allowance for loan losses | 118,456 |  |  |  | 113,494 |  |
Loans in process | 1,027,168 |  |  |  | 879,484 |  |
Net deferred fees, costs and discounts | 46,698 |  |  |  | 46,710 |  |
Total loan contra accounts | 1,192,322 |  |  |  | 1,039,688 |  |
Net loans | $ | 10,136,311 |  |  |  | $ | 9,910,920 |  |
Summary of Information Regarding Non-Accrual Loans | The following table sets forth information regarding non-accrual loans.
| December 31, 2016 |  | September 30, 2016
| (In thousands)
Non-accrual loans: |  |  |  |  |  |  |
Single-family residential | $ | 38,568 |  |  | 63.5 | % |  | $ | 33,148 |  |  | 78.2 | %
Construction | — |  |  | — |  |  | — |  |  | — |
Construction - custom | — |  |  | — |  |  | — |  |  | — |
Land - acquisition & development | 603 |  |  | 1.0 |  |  | 58 |  |  | 0.1 |
Land - consumer lot loans | 969 |  |  | 1.6 |  |  | 510 |  |  | 1.2 |
Multi-family | 1,160 |  |  | 1.9 |  |  | 776 |  |  | 1.8 |
Commercial real estate | 9,660 |  |  | 15.9 |  |  | 7,100 |  |  | 16.7 |
Commercial & industrial | 9,230 |  |  | 15.2 |  |  | 583 |  |  | 1.4 |
HELOC | 480 |  |  | 0.8 |  |  | 239 |  |  | 0.6 |
Consumer | 45 |  |  | 0.1 |  |  | — |  |  | — |
Total non-accrual loans | $ | 60,715 |  |  | 100 | % |  | $ | 42,414 |  |  | 100 | %
Analysis of Age of Loans in Past Due Status | The following tables provide details regarding delinquent loans.
December 31, 2016 | Loans Receivable |  | Days Delinquent Based on $ Amount of Loans |  | % based on $
Type of Loan | Net of Loans In Process |  | Current |  | 30 |  | 60 |  | 90 |  | Total |
| (In thousands) |  |
Single-family residential | $ | 5,623,668 |  |  | $ | 5,563,465 |  |  | $ | 16,670 |  |  | $ | 6,808 |  |  | $ | 36,725 |  |  | $ | 60,203 |  |  | 1.07 | %
Construction | 513,046 |  |  | 512,705 |  |  | 341 |  |  | — |  |  | — |  |  | 341 |  |  | 0.07 |
Construction - custom | 236,668 |  |  | 236,511 |  |  | 49 |  |  | 108 |  |  | — |  |  | 157 |  |  | 0.07 |
Land - acquisition & development | 103,148 |  |  | 101,886 |  |  | 728 |  |  | — |  |  | 534 |  |  | 1,262 |  |  | 1.22 |
Land - consumer lot loans | 101,045 |  |  | 99,969 |  |  | 235 |  |  | 43 |  |  | 798 |  |  | 1,076 |  |  | 1.06 |
Multi-family | 1,217,594 |  |  | 1,215,726 |  |  | 853 |  |  | 616 |  |  | 399 |  |  | 1,868 |  |  | 0.15 |
Commercial real estate | 1,175,475 |  |  | 1,167,710 |  |  | 1,771 |  |  | 267 |  |  | 5,727 |  |  | 7,765 |  |  | 0.66 |
Commercial & industrial | 1,057,826 |  |  | 1,056,718 |  |  | 858 |  |  | 250 |  |  | — |  |  | 1,108 |  |  | 0.10 |
HELOC | 148,448 |  |  | 147,074 |  |  | 893 |  |  | — |  |  | 481 |  |  | 1,374 |  |  | 0.93 |
Consumer | 124,547 |  |  | 123,484 |  |  | 662 |  |  | 231 |  |  | 170 |  |  | 1,063 |  |  | 0.85 |
Total Loans | $ | 10,301,465 |  |  | $ | 10,225,248 |  |  | $ | 23,060 |  |  | $ | 8,323 |  |  | $ | 44,834 |  |  | $ | 76,217 |  |  | 0.74 | %
Delinquency % |  |  | 99.26% |  | 0.22% |  | 0.08% |  | 0.44% |  | 0.74% |  |
September 30, 2016 | Loans Receivable |  | Days Delinquent Based on $ Amount of Loans |  | % based on $
Type of Loan | Net of Loans In Process |  | Current |  | 30 |  | 60 |  | 90 |  | Total |
| (In thousands) |  |
Single-family residential | $ | 5,658,122 |  |  | $ | 5,601,457 |  |  | $ | 20,916 |  |  | $ | 5,271 |  |  | $ | 30,478 |  |  | $ | 56,665 |  |  | 1.00 | %
Construction | 498,450 |  |  | 498,450 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Construction - custom | 229,957 |  |  | 229,419 |  |  | 538 |  |  | — |  |  | — |  |  | 538 |  |  | 0.23 |
Land - acquisition & development | 94,928 |  |  | 94,928 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Land - consumer lot loans | 104,534 |  |  | 102,472 |  |  | 816 |  |  | 687 |  |  | 559 |  |  | 2,062 |  |  | 1.97 |
Multi-family | 1,124,290 |  |  | 1,122,307 |  |  | 1,190 |  |  | 399 |  |  | 394 |  |  | 1,983 |  |  | 0.18 |
Commercial real estate | 1,093,549 |  |  | 1,088,680 |  |  | 69 |  |  | 325 |  |  | 4,475 |  |  | 4,869 |  |  | 0.45 |
Commercial & industrial | 978,582 |  |  | 978,540 |  |  | — |  |  | 42 |  |  | — |  |  | 42 |  |  | — |
HELOC | 149,713 |  |  | 148,513 |  |  | 763 |  |  | 164 |  |  | 273 |  |  | 1,200 |  |  | 0.80 |
Consumer | 138,999 |  |  | 138,078 |  |  | 715 |  |  | 126 |  |  | 80 |  |  | 921 |  |  | 0.66 |
Total Loans | $ | 10,071,124 |  |  | $ | 10,002,844 |  |  | $ | 25,007 |  |  | $ | 7,014 |  |  | $ | 36,259 |  |  | $ | 68,280 |  |  | 0.68 | %
Delinquency % |  |  | 99.32% |  | 0.25% |  | 0.07% |  | 0.36% |  | 0.68% |  |
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 December 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 | 12 |  |  | $ | 2,134 |  |  | $ | 2,134 |  |  | 3 |  |  | $ | 729 |  |  | $ | 729 |
Land - consumer lot loans | 1 |  |  | 204 |  |  | 204 |  |  | — |  |  | — |  |  | — |
Commercial real estate | — |  |  | — |  |  | — |  |  | 5 |  |  | 965 |  |  | 965 |
HELOC | 1 |  |  | 228 |  |  | 228 |  |  | — |  |  | — |  |  | — |
| 14 |  |  | $ | 2,566 |  |  | $ | 2,566 |  |  | 8 |  |  | $ | 1,694 |  |  | $ | 1,694 |
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 December 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 |  |  | $ | 1,993 |  |  | 5 |  |  | $ | 668 |
Land - consumer lot loans | — |  |  | — |  |  | 1 |  |  | 148 |
Commercial real estate | 2 |  |  | 267 |  |  | — |  |  | — |
| 8 |  |  | $ | 2,260 |  |  | 6 |  |  | $ | 816 |
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 (including covered loans).
| Three Months Ended December 31, 2016 |  | Twelve Months Ended September 30, 2016
| 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 | $ | 58,842 |  |  | $ | 91,761 |  |  | $ | 4,222 |  |  | $ | 131,132 |  |  | $ | 72,705 |  |  | $ | 111,300 |  |  | $ | 7,204 |  |  | $ | 187,080 |
Additions | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Net reclassification from non-accretable | — |  |  | — |  |  | — |  |  | — |  |  | 4,867 |  |  | — |  |  | — |  |  | — |
Accretion | (3,233 | ) |  | 3,233 |  |  | (198 | ) |  | 198 |  |  | (18,730 | ) |  | 18,730 |  |  | (2,982 | ) |  | 2,982 |
Transfers to REO | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (175 | ) |  | — |  |  | — |
Payments received, net | — |  |  | (16,852 | ) |  | — |  |  | 5,211 |  |  | — |  |  | (38,094 | ) |  | — |  |  | (58,930 | )
Ending Balance | $ | 55,609 |  |  | $ | 78,142 |  |  | $ | 4,024 |  |  | $ | 136,541 |  |  | $ | 58,842 |  |  | $ | 91,761 |  |  | $ | 4,222 |  |  | $ | 131,132 |
Schedule of Activity for FDIC Indemnification Asset | The following table shows activity for the FDIC indemnification asset:
| Three Months Ended December 31, 2016 |  | Twelve Months Ended September 30, 2016
| (In thousands)
Balance at beginning of period | $ | 12,769 |  |  | $ | 16,275 |
Payments made (received) | 242 |  |  | (1,730 | )
Amortization | (387 | ) |  | (2,012 | )
Accretion | 50 |  |  | 236 |
Balance at end of period | $ | 12,674 |  |  | $ | 12,769 |

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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=66008989&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=66008989&loc=SL6953401-111524 + Details
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