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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Interest and dividend income:        
Loans receivable, including fees $ 7,528 $ 5,062 $ 21,561 $ 14,283
Mortgage-backed securities 3,055 3,898 10,798 11,506
Other investments 4,671 3,606 12,885 10,001
Total interest and dividend income 15,254 12,566 45,244 35,790
Interest expense:        
Deposits 159 232 563 726
FHLB advances and other borrowings 434 406 1,164 1,105
Total interest expense 593 638 1,727 1,831
Net interest income 14,661 11,928 43,517 33,959
Provision (recovery) for loan losses 700 300 1,341 600
Net interest income after provision for loan losses 13,961 11,628 42,176 33,359
Non-interest income:        
Card fees 13,854 11,805 40,607 36,753
Bank-owned life insurance 702 283 1,267 853
Loan fees 632 183 1,759 828
Deposit fees 151 159 448 456
Gain (loss) on sale of securities available for sale, net (Includes $51 and ($1,191) reclassified from accumulated other comprehensive income (loss) for net gains (losses) on available for sale securities for the three and nine months ended June 30, 2015) 51 0 (1,191) 97
Gain (loss) on foreclosed real estate 1 1 29 6
Other income 33 50 149 138
Total non-interest income 15,424 12,481 43,068 39,131
Non-interest expense:        
Compensation and benefits 12,126 9,318 34,324 28,288
Card processing 3,868 3,850 12,374 11,668
Occupancy and equipment 2,866 2,309 8,304 6,858
Legal and consulting 1,116 540 3,333 2,706
Data processing 323 320 1,002 992
Marketing 417 267 1,063 700
Other expense 3,757 2,233 9,905 6,429
Total non-interest expense 24,473 18,837 70,305 57,641
Income before income tax expense 4,912 5,272 14,939 14,849
Income tax expense (Includes $19 and ($433) income tax expense (benefit) reclassified from accumulated other comprehensive income (loss) for the three and nine months ended June 30, 2015) 272 1,068 1,523 2,500
Net income $ 4,640 $ 4,204 $ 13,416 $ 12,349
Earnings per common share:        
Basic (in dollars per share) $ 0.67 $ 0.69 $ 2.05 $ 2.02
Diluted (in dollars per share) $ 0.66 $ 0.68 $ 2.03 $ 1.99