XML 27 R19.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Loans Receivable (Tables)
 3 Months Ended
Dec. 31, 2019
Receivables [Abstract]  
Schedule of Loans Receivable
The following table is a summary of loans receivable.
 December 31, 2019September 30, 2019
(In thousands)(In thousands)
Gross loans by category
   Single-family residential$5,702,071  42.5 %$5,835,194  43.8 %
   Construction2,174,313  16.2  2,038,052  15.3  
   Construction - custom538,234  4.0  540,741  4.1  
   Land - acquisition & development203,043  1.5  204,107  1.5  
   Land - consumer lot loans97,097  0.7  99,694  0.7  
   Multi-family1,436,715  10.7  1,422,674  10.7  
   Commercial real estate1,643,099  12.3  1,631,170  12.3  
   Commercial & industrial1,352,738  10.1  1,268,695  9.5  
   HELOC141,274  1.1  142,178  1.1  
   Consumer115,829  0.9  129,883  1.0  
Total gross loans13,404,413  100 %13,312,388  100 %
   Less:
      Allowance for loan losses132,513  131,534  
      Loans in process1,312,282  1,201,341  
      Net deferred fees, costs and discounts54,757  48,938  
Total loan contra accounts1,499,552  1,381,813  
Net loans$11,904,861  $11,930,575  
Summary of Information Regarding Non-Accrual Loans
The following table sets forth information regarding non-accrual loans.
 
 December 31, 2019September 30, 2019
 (In thousands, except ratio data)
Non-accrual loans:
Single-family residential$23,014  76.5 %$25,271  74.9 %
Land - acquisition & development86  0.3  169  0.5  
Land - consumer lot loans334  1.1  246  0.7  
Commercial real estate5,557  18.5  5,835  17.3  
Commercial & industrial467  1.5  1,292  3.8  
HELOC630  2.1  907  2.7  
Consumer1  0.0  11  0.0  
Total non-accrual loans$30,089  100 %$33,731  100 %
% of total net loans0.25 %0.28 %
Analysis of Age of Loans in Past Due Status
The following tables provide details regarding delinquent loans.
 
December 31, 2019Loans ReceivableDays Delinquent Based on $ Amount of Loans% based
on $
Type of LoanNet of Loans In ProcessCurrent30  60  90  Total Delinquent
(In thousands, except ratio data)
Single-family residential$5,702,058  $5,675,672  $6,077  $3,718  $16,591  $26,386  0.46 %
Construction1,189,457  1,188,042  —  1,415  —  1,415  0.12  
Construction - custom259,944  259,944  —  —  —  —  —  
Land - acquisition & development153,942  153,056  810  76  —  886  0.58  
Land - consumer lot loans97,097  96,635  180  136  146  462  0.48  
Multi-family1,436,693  1,436,556  137  —  —  137  0.01  
Commercial real estate1,643,099  1,638,407  602  60  4,030  4,692  0.29  
Commercial & industrial1,352,738  1,352,449  223  10  56  289  0.02  
HELOC141,274  139,892  530  427  425  1,382  0.98  
Consumer115,829  115,248  294  184  103  581  0.50  
Total Loans$12,092,131  $12,055,901  $8,853  $6,026  $21,351  $36,230  0.30 %
Delinquency %99.70%  0.07%  0.05%  0.18%  0.30%  
September 30, 2019Loans ReceivableDays Delinquent Based on $ Amount of Loans% based
on $
Type of LoanNet of Loans In ProcessCurrent30  60  90  Total Delinquent
(In thousands, except ratio data)
Single-family residential$5,835,186  $5,809,239  $3,672  $3,211  $19,064  $25,947  0.44 %
Construction1,164,889  1,164,889  —  —  —  —  —  
Construction - custom255,505  255,505  —  —  —  —  —  
Land - acquisition & development161,194  161,194  —  —  —  —  —  
Land - consumer lot loans99,694  98,916  112  619  47  778  0.78  
Multi-family1,422,652  1,422,652  —  —  —  —  —  
Commercial real estate1,631,171  1,625,509  1,614  285  3,763  5,662  0.35  
Commercial & industrial1,268,695  1,267,828  —  —  867  867  0.07  
HELOC142,178  140,718  580  183  697  1,460  1.03  
Consumer129,883  129,227  295  117  244  656  0.51  
Total Loans$12,111,047  $12,075,677  $6,273  $4,415  $24,682  $35,370  0.29 %
Delinquency %99.71%  0.05%  0.04%  0.20%  0.29%