GOODWILL AND INTANGIBLE ASSETS (Tables)

3 Months Ended

Dec. 31, 2014

GOODWILL AND INTANGIBLE ASSETS [Abstract]

Summary of Amortizable Intangible Assets

Meta Financial recognized the following amortizable intangible assets:

December 31, 2014
Intangible	Amount		Book Amortization Period		Method

Trademark	$	540		15	Straight Line
Non-Compete	$	260		3	Straight Line
Customer Relationships	$	7,240		30	Accelerated
Other	$	173	Varied		Straight Line

Changes in Carrying Amount of Goodwill and Intangible Assets

The changes in the carrying amount of the Company’s goodwill and intangible assets for the three months ended December 31, 2014 and 2013 are as follows:

	Specialty		Specialty			Meta Payment			Meta Payment
	Finance		Finance			Systems^®			Systems^®
	Goodwill		Intangibles			Patents			Other		Total
	(Dollars in Thousands)

Balance as of September 30, 2014	$	-	$	-		$	2,588		$	-	$	2,588

Acquisitions during the period		11,578		8,213			-			-		19,791

Patent costs capitalized during the period		-		-			44			-		44

Amortization during the period		-		(113	)		(23	)		-		(136	)

Balance as of December 31, 2014	$	11,578	$	8,100		$	2,609		$	-	$	22,287

	Specialty Finance Goodwill		Specialty Finance Intangibles		Meta Payment Systems^® Patents			Meta Payment Systems^® Other		Total
	(Dollars in Thousands)

Balance as of September 30, 2013	$	-	$	-	$	2,339		$	-	$	2,339

Patents costs capitalized during the period		-		-	$	99			-		99

Amortization during the period		-		-	$	(16	)		-		(16	)

Balance as of December 31, 2013	$	-	$	-	$	2,422		$	-	$	2,422

The Company tests intangible assets for impairment at least annually or more often if conditions indicate a possible impairment. There was no impairment to intangible assets during the three months ended December 31, 2014 and 2013.