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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
 6 Months Ended
Mar. 31, 2024
Mar. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 74,341,000 $ 145,443,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization, accretion and other, net 205,721,000 864,000
Stock-based compensation expense 5,180,000 4,027,000
Provision (release) for credit losses 16,000,000 6,000,000
Loss (gain) on sale of investment securities (171,000) 0
Gain on settlements of bank owned life insurance 0 (821,000)
Net realized (gain) loss on sales of premises, equipment, and real estate owned (2,567,000) (130,000)
Impairment loss on premises and equipment 0 6,000
Decrease (increase) in accrued interest receivable (2,784,000) (15,197,000)
Decrease (increase) in federal and state income tax receivable (9,213,000) 0
Decrease (increase) in cash surrender value of bank owned life insurance (3,343,000) (2,898,000)
Decrease (increase) in other assets 44,394,000 12,840,000
Increase (decrease) in federal and state income tax liabilities 0 1,961,000
Increase (decrease) in accrued expenses and other liabilities (48,096,000) (41,170,000)
Net cash provided by (used in) operating activities 279,462,000 110,925,000
CASH FLOWS FROM INVESTING ACTIVITIES    
Origination of loans and principal repayments, net (328,829,000) (1,076,495,000)
Loans purchased 0 (79,965,000)
FHLB stock purchased (312,810,000) (372,005,000)
FHLB stock redeemed 350,475,000 320,000,000
Available-for-sale securities purchased (214,707,000) (115,931,000)
Principal payments and maturities of available-for-sale securities 150,666,000 178,589,000
Proceeds from sales of available-for-sale securities 176,402,000 0
Held-to-maturity securities purchased (47,670,000) 0
Principal payments and maturities of held-to-maturity securities 15,800,000 17,936,000
Proceeds from sales of real estate owned 6,271,000 810,000
Proceeds from settlement of bank owned life insurance 0 1,809,000
Purchase of strategic investments (1,097,000) (7,434,000)
Net cash received (paid) in business combinations 625,773,000 0
Proceeds from sales of premises and equipment 1,341,000 664,000
Premises and equipment purchased and REO improvements (12,623,000) (5,009,000)
Net cash provided by (used in) investing activities 408,992,000 (1,137,031,000)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net increase (decrease) in customer accounts (368,952,000) (168,622,000)
Proceeds from borrowings 11,387,889,000 9,675,000,000
Repayments of borrowings (11,124,509,000) (8,000,000,000)
Proceeds from the early termination of long term borrowing hedge
Proceeds from stock-based awards 1,972,000 1,023,000
Dividends paid on common stock (32,472,000) (31,828,000)
Dividends paid on preferred stock (7,314,000) (7,313,000)
Proceeds from employee stock purchase 558,000 0
Treasury stock purchased (17,304,000) (1,836,000)
Increase (decrease) in advances payments by borrowers for taxes and insurance (3,200,000) (5,739,000)
Net cash provided by (used in) financing activities (163,332,000) 1,460,685,000
Increase (decrease) in cash and cash equivalents 525,122,000 434,579,000
Cash, cash equivalents and restricted cash at beginning of period 980,649,000 683,965,000
Cash, cash equivalents and restricted cash at end of period 1,505,771,000 1,118,544,000
Non-cash investing activities    
Real estate acquired through foreclosure 0 121,000
Non-cash financing activities    
Preferred stock dividend payable 3,656,000 3,656,000
Cash paid (received) during the period for    
Interest 311,021,000 135,037,000
Income tax 11,066,000 30,951,000
The following summarizes the non-cash activities related to acquisitions    
Fair value of assets and intangibles acquired 7,676,343,000 0
Fair value of liabilities assumed (7,316,675,000) 0
Net fair value of assets (liabilities) $ 359,668,000 $ 0