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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2014
Interest and dividend income:      
Loans receivable, including fees $ 36,187 $ 29,565 $ 19,674
Mortgage-backed securities 15,771 13,979 15,343
Other investments 29,438 18,063 13,643
Total interest and dividend income 81,396 61,607 48,660
Interest expense:      
Deposits 614 726 965
FHLB advances and other borrowings 3,477 1,661 1,433
Total interest expense 4,091 2,387 2,398
Net interest income 77,305 59,220 46,262
Provision for loan losses 4,605 1,465 1,150
Net interest income after provision for loan losses 72,700 57,755 45,112
Non-interest income:      
Tax product fees 23,347 0 0
Card fees 70,533 54,542 48,738
Bank-owned life insurance income 4,949 2,030 1,139
Loan fees 1,656 2,348 981
Deposit fees 603 593 616
Gain (loss) on sale of securities available-for-sale, net (Includes ($326), ($1,634), and $107 reclassified from accumulated other comprehensive income (loss) for net gains (losses) on available for sale securities for the fiscal years ended September 30, 2016, 2015 and 2014, respectively) (326) (1,634) 107
Gain (loss) on foreclosed real estate 0 28 (93)
Other income 8 267 250
Total non-interest income 100,770 58,174 51,738
Non-interest expense:      
Compensation and benefits 61,675 46,493 38,155
Tax product expense 8,648 0 0
Card processing expense 22,263 16,508 15,487
Occupancy and equipment expense 13,999 11,399 8,979
Legal and consulting expense 4,824 4,978 4,145
Data processing expense 1,972 1,347 1,316
Marketing expense 1,334 1,537 1,034
Amortization expense 4,828 1,349 77
Other expense 15,105 12,895 9,038
Total non-interest expense 134,648 96,506 78,231
Income before income tax expense 38,822 19,423 18,619
Income tax expense (Includes ($118), ($597), and $39 income tax expense (benefit) reclassified from accumulated other comprehensive income (loss) for the fiscal years ended September 30, 2016, 2015 and 2014, respectively) 5,602 1,368 2,906
Net income $ 33,220 $ 18,055 $ 15,713
Earnings per common share:      
Basic (in dollars per share) $ 3.95 $ 2.68 $ 2.57
Diluted (in dollars per share) $ 3.92 $ 2.66 $ 2.53