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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Mar. 31, 2020
Mar. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 103,653 $ 104,040
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization, and accretion expense, net 464 14,924
Stock-based compensation expense 3,498 2,862
Provision (release) for credit losses 5,200 250
Loss (gain) on sale of investment securities (15,028) 9
Net realized (gain) loss on sales of premises, equipment, and real estate owned (33,115) (8,379)
Impairment loss on premises and equipment 5,931 0
Prepayment penalty from repayment of borrowings 13,809 0
Decrease (increase) in accrued interest receivable 2,781 (3,495)
Decrease (increase) in federal and state income tax receivable 0 1,804
Decrease (increase) in cash surrender value of bank owned life insurance (2,850) (2,913)
Decrease (increase) in other assets (99,335) 21,460
Increase (decrease) in federal and state income tax liabilities (100) 4,080
Increase (decrease) in accrued expenses and other liabilities 66,649 (25,707)
Net cash provided by (used in) operating activities 51,557 108,935
CASH FLOWS FROM INVESTING ACTIVITIES    
Origination of loans and principal repayments, net (31,859) (417,355)
FHLB & FRB stock purchased (201,200) (309,800)
FHLB & FRB stock redeemed 169,200 298,600
Available-for-sale securities purchased (159,884) (290,574)
Principal payments and maturities of available-for-sale securities 132,690 75,483
Proceeds from sales of available-for-sale securities 204,351 491
Principal payments and maturities of held-to-maturity securities 147,142 70,096
Proceeds from sales of real estate owned 2,116 5,822
Cash paid for acquisitions (2,777) 0
Proceeds from sales of premises and equipment 53,790 11,622
Premises and equipment purchased and REO improvements (10,868) (26,337)
Net cash provided by (used in) investing activities 302,701 (581,952)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net increase (decrease) in customer accounts 97,657 335,369
Proceeds from borrowings 5,030,000 7,745,000
Repayments of borrowings (4,243,809) (7,465,000)
Proceeds from stock-based awards 115 553
Dividends paid on common stock (33,374) (30,775)
Treasury stock purchased (112,089) (69,648)
Increase (decrease) in borrower advances related to taxes and insurance, net (16,342) (31,578)
Net cash provided by (used in) financing activities 722,158 483,921
Increase (decrease) in cash and cash equivalents 1,076,416 10,904
Cash, cash equivalents and restricted cash at beginning of period 419,158 268,650
Cash, cash equivalents and restricted cash at end of period 1,495,574 279,554
Non-cash investing activities    
Real estate acquired through foreclosure 317 253
Non-cash financing activities    
Stock issued upon exercise of warrants 0 1,082
Cash paid during the period for    
Interest 87,948 91,921
Income taxes $ 21,000 $ 15,255