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Loans Receivable (Tables) | 6 Months Ended
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Mar. 31, 2017
Receivables [Abstract] |
Schedule of Loans Receivable | The following table is a summary of loans receivable.
| March 31, 2017 |  | September 30, 2016
| (In thousands) |  | (In thousands)
Gross loans by category |  |  |  |  |
Single-family residential | $ | 5,693,072 |  | 48.9 | % |  | $ | 5,658,830 |  | 51.7 | %
Construction | 1,311,635 |  | 11.3 |  |  | 1,110,411 |  | 10.1 |
Construction - custom | 527,319 |  | 4.5 |  |  | 473,069 |  | 4.3 |
Land - acquisition & development | 118,726 |  | 1.0 |  |  | 118,497 |  | 1.1 |
Land - consumer lot loans | 101,227 |  | 0.9 |  |  | 104,567 |  | 1.0 |
Multi-family | 1,266,911 |  | 10.9 |  |  | 1,124,290 |  | 10.3 |
Commercial real estate | 1,296,039 |  | 11.1 |  |  | 1,093,639 |  | 10.0 |
Commercial & industrial | 1,071,629 |  | 9.2 |  |  | 978,589 |  | 8.9 |
HELOC | 146,172 |  | 1.3 |  |  | 149,716 |  | 1.4 |
Consumer | 107,759 |  | 0.9 |  |  | 139,000 |  | 1.3 |
Total gross loans | 11,640,489 |  | 100.0 | % |  | 10,950,608 |  | 100.0 | %
Less: |  |  |  |  |
Allowance for loan losses | 121,922 |  |  |  | 113,494 |  |
Loans in process | 1,009,937 |  |  |  | 879,484 |  |
Net deferred fees, costs and discounts | 45,608 |  |  |  | 46,710 |  |
Total loan contra accounts | 1,177,467 |  |  |  | 1,039,688 |  |
Net loans | $ | 10,463,022 |  |  |  | $ | 9,910,920 |  |
Summary of Information Regarding Non-Accrual Loans | The following table sets forth information regarding non-accrual loans.
| March 31, 2017 |  | September 30, 2016
| (In thousands)
Non-accrual loans: |  |  |  |  |  |  |
Single-family residential | $ | 34,373 |  |  | 60.1 | % |  | $ | 33,148 |  |  | 78.2 | %
Construction - custom | 240 |  |  | 0.4 |  |  | — |  |  | — |
Land - acquisition & development | 80 |  |  | 0.1 |  |  | 58 |  |  | 0.1 |
Land - consumer lot loans | 1,129 |  |  | 2.0 |  |  | 510 |  |  | 1.2 |
Multi-family | 1,364 |  |  | 2.4 |  |  | 776 |  |  | 1.8 |
Commercial real estate | 10,507 |  |  | 18.4 |  |  | 7,100 |  |  | 16.7 |
Commercial & industrial | 8,864 |  |  | 15.5 |  |  | 583 |  |  | 1.4 |
HELOC | 583 |  |  | 1.0 |  |  | 239 |  |  | 0.6 |
Consumer | 55 |  |  | 0.1 |  |  | — |  |  | — |
Total non-accrual loans | $ | 57,195 |  |  | 100 | % |  | $ | 42,414 |  |  | 100 | %
Analysis of Age of Loans in Past Due Status | The following tables provide details regarding delinquent loans.
March 31, 2017 | 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 | $ | 5,692,305 |  |  | $ | 5,639,158 |  |  | $ | 13,644 |  |  | $ | 7,660 |  |  | $ | 31,843 |  |  | $ | 53,147 |  |  | 0.93 | %
Construction | 593,479 |  |  | 592,877 |  |  | 601 |  |  | — |  |  | — |  |  | 601 |  |  | 0.10 |
Construction - custom | 251,906 |  |  | 251,666 |  |  | — |  |  | — |  |  | 240 |  |  | 240 |  |  | 0.10 |
Land - acquisition & development | 103,280 |  |  | 103,018 |  |  | 262 |  |  | — |  |  | — |  |  | 262 |  |  | 0.25 |
Land - consumer lot loans | 101,168 |  |  | 99,907 |  |  | 360 |  |  | 333 |  |  | 568 |  |  | 1,261 |  |  | 1.25 |
Multi-family | 1,266,845 |  |  | 1,265,622 |  |  | — |  |  | — |  |  | 1,224 |  |  | 1,224 |  |  | 0.10 |
Commercial real estate | 1,296,019 |  |  | 1,289,677 |  |  | 1,802 |  |  | 298 |  |  | 4,242 |  |  | 6,342 |  |  | 0.49 |
Commercial & industrial | 1,071,622 |  |  | 1,066,658 |  |  | 4,964 |  |  | — |  |  | — |  |  | 4,964 |  |  | 0.46 |
HELOC | 146,169 |  |  | 145,355 |  |  | 124 |  |  | 20 |  |  | 670 |  |  | 814 |  |  | 0.56 |
Consumer | 107,759 |  |  | 107,158 |  |  | 405 |  |  | 98 |  |  | 98 |  |  | 601 |  |  | 0.56 |
Total Loans | $ | 10,630,552 |  |  | $ | 10,561,096 |  |  | $ | 22,162 |  |  | $ | 8,409 |  |  | $ | 38,885 |  |  | $ | 69,456 |  |  | 0.65 | %
Delinquency % |  |  | 99.35% |  | 0.21% |  | 0.08% |  | 0.37% |  | 0.65% |  |
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 March 31,
| 2017 |  | 2016
|  |  | 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 | 8 |  |  | $ | 1,712 |  |  | $ | 1,712 |  |  | 7 |  |  | $ | 1,101 |  |  | $ | 1,101 |
| 8 |  |  | $ | 1,712 |  |  | $ | 1,712 |  |  | 7 |  |  | $ | 1,101 |  |  | $ | 1,101 |
| Six Months Ended March 31,
| 2017 |  | 2016
|  |  | 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 | 20 |  |  | $ | 3,846 |  |  | $ | 3,846 |  |  | 10 |  |  | $ | 1,830 |  |  | $ | 1,830 |
Land - consumer lot loans | 1 |  |  | 204 |  |  | 204 |  |  | — |  |  | — |  |  | — |
Commercial real estate | — |  |  | — |  |  | — |  |  | 5 |  |  | 965 |  |  | 965 |
HELOC | 1 |  |  | 228 |  |  | 228 |  |  | — |  |  | — |  |  | — |
| 22 |  |  | $ | 4,278 |  |  | $ | 4,278 |  |  | 15 |  |  | $ | 2,795 |  |  | $ | 2,795 |
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,
| 2017 |  | 2016
| Number of |  | Recorded |  | Number of |  | Recorded
| Contracts |  | Investment |  | Contracts |  | Investment
| (In thousands) |  | (In thousands)
TDRs That Subsequently Defaulted: |  |  |  |  |  |  |
Single-family residential | 7 |  |  | $ | 1,192 |  |  | 6 |  |  | $ | 871 |
Land - consumer lot loans | — |  |  | — |  |  | 1 |  |  | 146 |
Commercial real estate | — |  |  | — |  |  | 1 |  |  | 152 |
| 7 |  |  | $ | 1,192 |  |  | 8 |  |  | $ | 1,169 |
| Six Months Ended March 31,
| 2017 |  | 2016
| Number of |  | Recorded |  | Number of |  | Recorded
| Contracts |  | Investment |  | Contracts |  | Investment
| (In thousands) |  | (In thousands)
TDRs That Subsequently Defaulted: |  |  |  |  |  |  |
Single-family residential | 13 |  |  | $ | 3,185 |  |  | 8 |  |  | $ | 1,095 |
Land - consumer lot loans | — |  |  | — |  |  | 1 |  |  | 146 |
Commercial real estate | 2 |  |  | 267 |  |  | 1 |  |  | 152 |
| 15 |  |  | $ | 3,452 |  |  | 10 |  |  | $ | 1,393 |
Schedule of Activity for FDIC Indemnification Asset | The following table shows activity for the FDIC indemnification asset:
| Six Months Ended March 31, 2017 |  | Twelve Months Ended September 30, 2016
| (In thousands)
Balance at beginning of period | $ | 12,769 |  |  | $ | 16,275 |
Payments made (received) | (264 | ) |  | (1,730 | )
Amortization | (802 | ) |  | (2,012 | )
Accretion | 118 |  |  | 236 |
Balance at end of period | $ | 11,821 |  |  | $ | 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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- 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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