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PARENT COMPANY FINANCIAL STATEMENTS (Tables)
12 Months Ended
Sep. 30, 2016
Condensed Financial Information of Parent Company Only Disclosure [Abstract]  
Condensed Statements of Financial Condition
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
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
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