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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
 9 Months Ended
Jun. 30, 2022
Jun. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 162,935,000 $ 131,244,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization, accretion and other, net 47,398,000 26,329,000
Stock-based compensation expense 5,316,000 4,916,000
Provision (release) for credit losses 1,500,000 1,000,000
Loss (gain) on sale of investment securities (81,000) 0
Net realized (gain) loss on sales of premises, equipment, and real estate owned (516,000) (104,000)
Impairment loss on premises and equipment 0 574,000
Prepayment penalty from repayment of borrowings 0 13,788,000
Gain on early termination of long term borrowing hedge 0 (14,110,000)
Decrease (increase) in accrued interest receivable (5,349,000) 2,255,000
Decrease (increase) in federal and state income tax receivable 3,877,000 5,708,000
Decrease (increase) in cash surrender value of bank owned life insurance (4,144,000) (4,133,000)
Decrease (increase) in other assets (60,525,000) 153,610,000
Increase (decrease) in federal and state income tax liabilities 8,950,000 (13,470,000)
Increase (decrease) in accrued expenses and other liabilities 12,046,000 (57,910,000)
Net cash provided by (used in) operating activities 171,407,000 249,697,000
CASH FLOWS FROM INVESTING ACTIVITIES    
Origination of loans and principal repayments, net (1,186,189,000) (266,566,000)
Loans purchased (576,697,000) (412,423,000)
FHLB & FRB stock purchased (170,000,000) (244,035,000)
FHLB & FRB stock redeemed 194,790,000 274,000,000
Available-for-sale securities purchased (516,163,000) (528,937,000)
Principal payments and maturities of available-for-sale securities 384,111,000 493,520,000
Proceeds from sales of available-for-sale securities 4,510,000 0
Held-to-maturity securities purchased (195,358,000) 0
Principal payments and maturities of held-to-maturity securities 81,497,000 283,458,000
Proceeds from sales of real estate owned 5,280,000 2,089,000
Proceeds from sales of premises and equipment 41,000 3,376,000
Premises and equipment purchased and REO improvements (8,712,000) (24,758,000)
Net cash provided by (used in) investing activities (1,982,890,000) (420,276,000)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net increase (decrease) in customer accounts 423,508,000 1,458,734,000
Proceeds from borrowings 4,250,000,000 6,100,000,000
Repayments of borrowings (4,270,000,000) (6,863,788,000)
Proceeds from the early termination of long term borrowing hedge 0 14,110,000
Proceeds from stock-based awards 1,548,000 339,000
Proceeds from issuance of preferred stock, net 0 293,325,000
Dividends paid on common stock (46,015,000) (50,431,000)
Dividends paid on preferred stock (10,969,000) (2,722,000)
Treasury stock purchased (3,212,000) (208,075,000)
Increase (decrease) in advances payments by borrowers for taxes and insurance (16,765,000) (21,932,000)
Net cash provided by (used in) financing activities 328,095,000 719,560,000
Increase (decrease) in cash and cash equivalents (1,483,388,000) 548,981,000
Cash, cash equivalents and restricted cash at beginning of period 2,090,809,000 1,702,977,000
Cash, cash equivalents and restricted cash at end of period 607,421,000 2,251,958,000
Non-cash investing activities    
Real estate acquired through foreclosure 73,000 175,000
Other personal property acquired through foreclosure 422,000 0
Non-cash financing activities    
Preferred stock dividend payable 3,656,000 3,656,000
Cash paid (received) during the period for    
Interest 40,196,000 57,189,000
Income taxes $ 19,257,000 $ 31,154,000