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PARENT COMPANY FINANCIAL STATEMENTS | 12 Months Ended
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Sep. 30, 2016
Condensed Financial Information of Parent Company Only Disclosure [Abstract] |
PARENT COMPANY FINANCIAL STATEMENTS | PARENT COMPANY FINANCIAL STATEMENTS Presented below are condensed financial statements for the parent company, Meta Financial. CONDENSED STATEMENTS OF FINANCIAL CONDITION
September 30, | 2016 |  | 2015
| (Dollars in Thousands)
ASSETS |  |  |
Cash and cash equivalents | $ | 15,716 |  |  | $ | 14,280 |
Investment in subsidiaries | 403,574 |  |  | 267,623 |
Other assets | 413 |  |  | 408 |
Total assets | $ | 419,703 |  |  | $ | 282,311 |
LIABILITIES AND STOCKHOLDERS' EQUITY |  |  |  |  |
LIABILITIES |  |  |  |  |
Long term debt | $ | 83,521 |  |  | $ | 10,310 |
Other liabilities | 1,207 |  |  | 666 |
Total liabilities | $ | 84,728 |  |  | $ | 10,976 |
STOCKHOLDERS' EQUITY |  |  |  |  |
Common stock | $ | 85 |  |  | $ | 82 |
Additional paid-in capital | 184,780 |  |  | 170,749 |
Retained earnings | 127,190 |  |  | 98,359 |
Accumulated other comprehensive income (loss) | 22,920 |  |  | 2,455 |
Treasury stock, at cost | — |  |  | (310 | )
Total stockholders' equity | $ | 334,975 |  |  | $ | 271,335 |
Total liabilities and stockholders' equity | $ | 419,703 |  |  | $ | 282,311 |
CONDENSED STATEMENTS OF OPERATIONS
Years Ended September 30, | 2016 |  | 2015 |  | 2014
| (Dollars in Thousands)
Interest expense | $ | 1,022 |  |  | $ | 418 |  |  | $ | 348 |
Other expense | 382 |  |  | 269 |  |  | 770 |
Total expense | 1,404 |  |  | 687 |  |  | 1,118 |
Gain (loss) before income taxes and equity in undistributed net income of subsidiaries | (1,404 | ) |  | (687 | ) |  | (1,118 | )
Income tax (benefit) | (519 | ) |  | (324 | ) |  | (422 | )
Gain (loss) before equity in undistributed net income of subsidiaries | (885 | ) |  | (363 | ) |  | (696 | )
Equity in undistributed net income of subsidiaries | 34,105 |  |  | 18,418 |  |  | 16,409 |
Net income | $ | 33,220 |  |  | $ | 18,055 |  |  | $ | 15,713 |
CONDENSED STATEMENTS OF CASH FLOWS
For the Years Ended September 30, | 2016 |  | 2015 |  | 2014
| (Dollars in Thousands)
CASH FLOWS FROM OPERATING ACTIVITIES |  |  |  |  |
Net income | $ | 33,220 |  |  | $ | 18,055 |  |  | $ | 15,713 |
Adjustments to reconcile net income to net cash provided by (used in) operating activities |  |  |  |  |  |  |  |
Depreciation, amortization and accretion, net | (22 | ) |  | — |  |  | (310 | )
Equity in undistributed net income of subsidiaries | (34,105 | ) |  | (18,418 | ) |  | (16,409 | )
Change in other assets | (5 | ) |  | (15 | ) |  | 246 |
Change in other liabilities | 541 |  |  | 378 |  |  | (332 | )
Net cash provided by (used in) operating activities | (371 | ) |  | — |  |  | (1,092 | )
CASH FLOWS FROM INVESTING ACTIVITES |  |  |  |  |  |  |  |
Capital contributions to subsidiaries | (81,000 | ) |  | (67,600 | ) |  | — |
Net cash used in investing activities | (81,000 | ) |  | (67,600 | ) |  | — |
CASH FLOWS FROM FINANCING ACTIVITIES |  |  |  |  |  |  |  |
Cash dividends paid | (4,389 | ) |  | (3,493 | ) |  | (3,184 | )
Stock compensation | 427 |  |  | 253 |  |  | 4 |
Proceeds from issuance of common stock | 11,500 |  |  | 75,471 |  |  | (51 | )
Proceeds from exercise of stock options | 2,036 |  |  | 210 |  |  | 2,376 |
Proceeds from long term debt | 75,000 |  |  | — |  |  | — |
Payment of debt issuance costs | (1,767 | ) |  | — |  |  | — |
Other, net | — |  |  | — |  |  | — |
Net cash provided by (used in) financing activities | 82,807 |  |  | 72,441 |  |  | (855 | )
Net change in cash and cash equivalents | $ | 1,436 |  |  | $ | 4,841 |  |  | $ | (1,947 | )
CASH AND CASH EQUIVALENTS |  |  |  |  |  |  |  |
Beginning of year | $ | 14,280 |  |  | $ | 9,439 |  |  | $ | 11,386 |
End of year | $ | 15,716 |  |  | $ | 14,280 |  |  | $ | 9,439 |
The extent to which the Company may pay cash dividends to stockholders will depend on the cash currently available at the Company, as well as the ability of the Bank to pay dividends to the Company. For further discussion, see Note 13 herein.

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- Definition The entire disclosure for condensed financial information, including the financial position, cash flows, and the results of operations of the registrant (parent company) as of the same dates or for the same periods for which audited consolidated financial statements are being presented. Alternatively, the details of this disclosure can be reported by the specific parent company taxonomy elements, indicating the appropriate date and period contexts in an instance document. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 10 -Section S99 -Paragraph 3 -Subparagraph (SX 210.7-05(c)(Schedule II)) -URI http://asc.fasb.org/extlink&oid=6879921&loc=d3e569147-122900 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=68079674&loc=d3e5283-111683 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 235 -Section S99 -Paragraph 2 -Subparagraph (SX 210.9-06) -URI http://asc.fasb.org/extlink&oid=6882215&loc=d3e537971-122884 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 10 -Section S99 -Paragraph 6 -Subparagraph (SX 210.5-04(c)(Schedule I)) -URI http://asc.fasb.org/extlink&oid=27047687&loc=d3e5864-122674 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e24072-122690 + Details
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