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FHLB Advances and Other Borrowings (Tables)
12 Months Ended
Sep. 30, 2018
Federal Home Loan Banks [Abstract]  
Maturity dates of outstanding FHLB advances
The table below shows the maturity dates of outstanding FHLB advances.
 
 
September 30, 2018
September 30, 2017
 
(In thousands)
FHLB advances
 
 
Within 1 year
$
1,680,000

$
1,395,000

1 to 3 years
300,000

430,000

3 to 5 years
200,000

400,000

More than 5 years
150,000


 
$
2,330,000

$
2,225,000

Weighted average cost and amount of advances
Financial information pertaining to the weighted-average cost and the amount of FHLB advances were as follows.
 
 
2018
2017
2016
 
(In thousands)
Weighted average interest rate, including cash flow hedges, at end of year
2.66
%
2.80
%
3.15
%
Weighted daily average interest rate, including cash flow hedges, during the year
2.62
%
3.00
%
3.22
%
Daily average of FHLB advances during the year
$
2,384,795

$
2,167,986

$
1,992,434

Maximum amount of FHLB advances at any month end
$
2,620,000

$
2,350,000

$
2,080,000

Interest expense during the year (including swap interest income and expense)
$
62,452

$
64,969

$
64,059