XML 13 R4.htm IDEA: XBRL DOCUMENT v3.22.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Mar. 31, 2022
Mar. 31, 2021
INTEREST INCOME        
Loans receivable $ 139,260 $ 132,757 $ 277,769 $ 266,428
Mortgage-backed securities 4,659 6,696 9,451 13,926
Investment securities and cash equivalents 6,919 7,301 14,058 14,222
Interest income 150,838 146,754 301,278 294,576
INTEREST EXPENSE        
Customer accounts 8,225 10,729 16,686 24,839
FHLB advances 7,525 11,991 15,368 25,189
Interest expense 15,750 22,720 32,054 50,028
Net interest income 135,088 124,034 269,224 244,548
Provision (release) for credit losses (500) 0 0 3,000
Net interest income after provision (release) 135,588 124,034 269,224 241,548
OTHER INCOME        
Gain (loss) on sale of investment securities 0 0 81 0
Gain (loss) on termination of hedging derivatives 0 14,110 0 14,110
Prepayment penalty from repayment of borrowings 0 (13,788) 0 (13,788)
Loan fee income $ 2,475 $ 872 $ 4,396 $ 3,264
Revenue, Product and Service [Extensible Enumeration] Deposit Account [Member] Deposit Account [Member] Deposit Account [Member] Deposit Account [Member]
Deposit fee income $ 6,282 $ 5,960 $ 12,725 $ 11,986
Other income 6,902 7,323 17,138 12,775
Other income, total 15,659 14,477 34,340 28,347
OTHER EXPENSE        
Compensation and benefits 47,115 43,632 94,540 86,355
Occupancy 11,788 10,473 21,878 20,065
FDIC insurance premiums 2,100 3,755 5,200 7,018
Product delivery 5,044 4,401 9,765 9,338
Information technology 11,722 10,696 23,143 22,527
Other expense 10,648 8,789 23,504 17,853
Other expense, total 88,417 81,746 178,030 163,156
Gain (loss) on real estate owned, net 129 34 691 (415)
Income before income taxes 62,959 56,799 126,225 106,324
Income tax expense 13,600 11,928 26,585 22,502
Net income 49,359 44,871 99,640 83,822
Dividends on preferred stock 3,656 2,722 7,312 2,722
Net income available to common shareholders $ 45,703 $ 42,149 $ 92,328 $ 81,100
PER SHARE DATA        
Basic earnings per common share (in dollars per share) $ 0.70 $ 0.56 $ 1.41 $ 1.07
Diluted earnings per common share (in dollars per share) 0.70 0.56 1.41 1.07
Dividends paid on common stock per share (in dollars per share) $ 0.24 $ 0.23 $ 0.47 $ 0.45
Basic weighted average number of shares outstanding (in shares) 65,301,171 75,354,765 65,253,991 75,576,288
Diluted weighted average number of shares outstanding (in shares) 65,445,206 75,393,464 65,397,601 75,582,426