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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Interest and dividend income:        
Loans receivable, including fees $ 9,280 $ 7,528 $ 26,147 $ 21,561
Mortgage-backed securities 3,777 3,055 12,258 10,798
Other investments 7,706 4,671 21,262 12,885
Total interest and dividend income 20,763 15,254 59,667 45,244
Interest expense:        
Deposits 136 159 434 563
FHLB advances and other borrowings 708 434 1,821 1,164
Total interest expense 844 593 2,255 1,727
Net interest income 19,919 14,661 57,412 43,517
Provision (recovery) for loan losses 2,098 700 4,057 1,341
Net interest income after provision for loan losses 17,821 13,961 53,355 42,176
Non-interest income:        
Tax product fees 3,424 0 23,062 0
Card fees 18,779 13,854 52,614 40,607
Loan fees 1,091 702 4,126 1,267
Bank-owned life insurance 454 632 1,208 1,759
Deposit fees 144 151 457 448
Gain (loss) on sale of securities available for sale, net (Includes ($102) and ($52) 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, 2016, respectively) (102) 51 (52) (1,191)
Gain (loss) on foreclosed real estate 0 1 0 29
Other income (loss) 17 33 127 149
Total non-interest income 23,807 15,424 81,542 43,068
Non-interest expense:        
Compensation and benefits 15,375 12,126 47,140 34,324
Tax product 359 0 8,615 0
Card processing 5,607 3,868 16,858 12,374
Occupancy and equipment 3,413 2,866 10,451 8,304
Legal and consulting 1,221 1,116 3,211 3,333
Marketing 490 323 1,531 1,002
Data processing 324 417 1,022 1,063
Other expense 4,838 3,757 14,597 9,905
Total non-interest expense 31,627 24,473 103,425 70,305
Income before income tax expense 10,001 4,912 31,472 14,939
Income tax expense (Includes ($37) and ($19) income tax expense reclassified from accumulated other comprehensive income (loss) for the three and nine months ended June 30, 2016, respectively) 1,128 272 4,258 1,523
Net income $ 8,873 $ 4,640 $ 27,214 $ 13,416
Earnings per common share:        
Basic (in dollars per share) $ 1.05 $ 0.67 $ 3.24 $ 2.05
Diluted (in dollars per share) $ 1.04 $ 0.66 $ 3.22 $ 2.03