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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
INTEREST INCOME        
Loans receivable $ 149,113 $ 134,193 $ 426,882 $ 400,621
Mortgage-backed securities 8,618 5,488 18,069 19,414
Investment securities and cash equivalents 9,417 7,767 23,475 21,989
Interest income 167,148 147,448 468,426 442,024
INTEREST EXPENSE        
Customer accounts 9,284 8,906 25,970 33,745
FHLB advances 6,118 9,937 21,486 35,126
Interest expense 15,402 18,843 47,456 68,871
Net interest income 151,746 128,605 420,970 373,153
Provision (release) for credit losses 1,500 (2,000) 1,500 1,000
Net interest income after provision (release) 150,246 130,605 419,470 372,153
OTHER INCOME        
Gain (loss) on sale of investment securities 0 0 81 0
Gain (loss) on termination of hedging derivatives 0 0 0 14,110
Prepayment penalty from repayment of borrowings 0 0 0 (13,788)
Loan fee income $ 1,618 $ 1,748 $ 6,014 $ 5,012
Revenue, Product and Service [Extensible Enumeration] Deposit Account [Member] Deposit Account [Member] Deposit Account [Member] Deposit Account [Member]
Deposit fee income $ 6,613 $ 6,201 $ 19,338 $ 18,187
Other income 9,319 5,262 26,457 18,037
Other income, total 17,550 13,211 51,890 41,558
OTHER EXPENSE        
Compensation and benefits 48,073 43,841 142,613 130,196
Occupancy 10,053 9,725 31,931 29,790
FDIC insurance premiums 2,100 3,900 7,300 10,918
Product delivery 4,667 4,075 14,432 13,413
Information technology 11,831 10,396 34,974 32,923
Other expense 10,679 11,703 34,183 29,556
Other expense, total 87,403 83,640 265,433 246,796
Gain (loss) on real estate owned, net 448 (151) 1,139 (566)
Income before income taxes 80,841 60,025 207,066 166,349
Income tax expense 17,546 12,603 44,131 35,105
Net income 63,295 47,422 162,935 131,244
Dividends on preferred stock 3,656 3,656 10,969 6,378
Net income available to common shareholders $ 59,639 $ 43,766 $ 151,966 $ 124,866
PER SHARE DATA        
Basic earnings per common share (in dollars per share) $ 0.91 $ 0.61 $ 2.33 $ 1.68
Diluted earnings per common share (in dollars per share) 0.91 0.61 2.32 1.68
Dividends paid on common stock per share (in dollars per share) $ 0.24 $ 0.23 $ 0.71 $ 0.68
Basic weighted average number of shares outstanding (in shares) 65,315,481 71,795,157 65,274,488 74,315,911
Diluted weighted average number of shares outstanding (in shares) 65,395,666 71,901,068 65,397,579 74,326,693