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FAIR VALUES OF FINANCIAL INSTRUMENTS (Tables) | 12 Months Ended
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Sep. 30, 2018
Fair Value Disclosures [Abstract] |
Summary of Fair Values of Securities Available for Sale and Held to Maturity | The following table summarizes the fair values of securities available for sale and held to maturity at September 30, 2018 and 2017. Securities available for sale are measured at fair value on a recurring basis, while securities held to maturity are carried at amortized cost in the Consolidated Statements of Financial Condition.
| Fair Value At September 30, 2018
| Available For Sale |  | Held to Maturity
(Dollars in Thousands) | Total |  | Level 1 |  | Level 2 |  | Level 3 |  | Total |  | Level 1 |  | Level 2 |  | Level 3
Debt securities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Small business administration securities | 44,337 |  |  | — |  |  | 44,337 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Obligations of states and political subdivisions | 16,910 |  |  | — |  |  | 16,910 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Non-bank qualified obligations of states and political subdivisions | 1,109,885 |  |  | — |  |  | 1,109,885 |  |  | — |  |  | 153,546 |  |  | — |  |  | 153,546 |  |  | — |
Asset-backed securities | 313,028 |  |  | — |  |  | 313,028 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Mortgage-backed securities | 364,065 |  |  | — |  |  | 364,065 |  |  | — |  |  | 7,428 |  |  | — |  |  | 7,428 |  |  | — |
Total debt securities | 1,848,225 |  |  | — |  |  | 1,848,225 |  |  | — |  |  | 160,974 |  |  | — |  |  | 160,974 |  |  | — |
Common equities and mutual funds | 3,800 |  |  | 3,800 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Total securities | $ | 1,852,025 |  |  | $ | 3,800 |  |  | $ | 1,848,225 |  |  | $ | — |  |  | $ | 160,974 |  |  | $ | — |  |  | $ | 160,974 |  |  | $ | — |
| Fair Value At September 30, 2017
| Available For Sale |  | Held to Maturity
(Dollars in Thousands) | Total |  | Level 1 |  | Level 2 |  | Level 3 |  | Total |  | Level 1 |  | Level 2 |  | Level 3
Debt securities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Small business administration securities | 57,871 |  |  | — |  |  | 57,871 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Obligations of states and political subdivisions | — |  |  | — |  |  | — |  |  | — |  |  | 19,368 |  |  | — |  |  | 19,368 |  |  | — |
Non-bank qualified obligations of states and political subdivisions | 950,829 |  |  | — |  |  | 950,829 |  |  | — |  |  | 432,361 |  |  | — |  |  | 432,361 |  |  | — |
Asset-backed securities | 96,832 |  |  | — |  |  | 96,832 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Mortgage-backed securities | 586,454 |  |  | — |  |  | 586,454 |  |  | — |  |  | 112,456 |  |  | — |  |  | 112,456 |  |  | — |
Total debt securities | 1,691,986 |  |  | — |  |  | 1,691,986 |  |  | — |  |  | 564,185 |  |  | — |  |  | 564,185 |  |  | — |
Common equities and mutual funds | 1,445 |  |  | 1,445 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Total securities | $ | 1,693,431 |  |  | $ | 1,445 |  |  | $ | 1,691,986 |  |  | $ | — |  |  | $ | 564,185 |  |  | $ | — |  |  | $ | 564,185 |  |  | $ | — |
Assets Measured at Fair Value on Nonrecurring Basis | The following table summarizes the assets of the Company that are measured at fair value in the Consolidated Statements of Financial Condition on a non-recurring basis as of September 30, 2018 and 2017.
| Fair Value at September 30, 2018
(Dollars in Thousands) | Total |  | Level 1 |  | Level 2 |  | Level 3
Impaired Loans and Leases, net |  |  |  |  |  |  |
Commercial finance | $ | 4,825 |  |  | $ | — |  |  | $ | — |  |  | $ | 4,825 |
Total National Lending | 4,825 |  |  | — |  |  | — |  |  | 4,825 |
Total impaired loans and leases | 4,825 |  |  | — |  |  | — |  |  | 4,825 |
Foreclosed Assets, net | 31,638 |  |  | — |  |  | — |  |  | 31,638 |
Total | $ | 36,463 |  |  | $ | — |  |  | $ | — |  |  | $ | 36,463 |
| Fair Value At September 30, 2017
(Dollars in Thousands) | Total |  | Level 1 |  | Level 2 |  | Level 3
Impaired Loans and Leases, net |  |  |  |  |  |  |
Foreclosed Assets, net | 292 |  |  | — |  |  | — |  |  | 292 |
Total | $ | 292 |  |  | $ | — |  |  | $ | — |  |  | $ | 292 |
Quantitative Information about Level 3 Fair Value Measurements |
| Quantitative Information About Level 3 Fair Value Measurements
(Dollars in Thousands) | Fair Value at September 30, 2018 |  | Fair Value at September 30, 2017 |  | Valuation Technique |  | Unobservable Input
Impaired Loans and Leases, net | $ | 4,825 |  |  | $ | — |  |  | Market approach |  | Appraised values (1)
Foreclosed Assets, net | 31,638 |  |  | 292 |  |  | Market approach |  | Appraised values (1)
(1) The Company generally relies on external appraisers to develop this information. Management reduced the appraised value by estimated selling costs in a range of 4% to 10%.
Carrying Amount and Estimated Fair Value of Financial Instruments | The following presents the carrying amount and estimated fair value of the financial instruments held by the Company at September 30, 2018 and 2017.
| September 30, 2018
| Carrying Amount |  | Estimated Fair Value |  | Level 1 |  | Level 2 |  | Level 3
| (Dollars in Thousands)
Financial assets |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | 99,977 |  |  | $ | 99,977 |  |  | $ | 99,977 |  |  | $ | — |  |  | $ | — |
Securities available for sale | 1,852,025 |  |  | 1,852,025 |  |  | 3,800 |  |  | 1,848,225 |  |  | — |
Securities held to maturity | 172,154 |  |  | 160,974 |  |  | — |  |  | 160,974 |  |  | — |
Total securities | 2,024,179 |  |  | 2,012,999 |  |  | 3,800 |  |  | 2,009,199 |  |  | — |
Loans held for sale | 15,606 |  |  | 15,606 |  |  | — |  |  | 15,606 |  |  | — |
Loans and leases receivable: |  |  |  |  |  |  |  |  |
Commercial finance | 1,509,849 |  |  | 1,506,969 |  |  | — |  |  | — |  |  | 1,506,969 |
Consumer finance | 335,361 |  |  | 342,931 |  |  | — |  |  | — |  |  | 342,931 |
Tax services | 1,073 |  |  | 1,073 |  |  | — |  |  | — |  |  | 1,073 |
Total National Lending | 1,846,283 |  |  | 1,850,973 |  |  | — |  |  | — |  |  | 1,850,973 |
Commercial and multi-family real estate | 748,579 |  |  | 731,291 |  |  | — |  |  | — |  |  | 731,291 |
One to four family residential mortgage | 223,482 |  |  | 220,697 |  |  | — |  |  | — |  |  | 220,697 |
Agricultural | 60,498 |  |  | 58,849 |  |  | — |  |  | — |  |  | 58,849 |
Commercial operating | 42,311 |  |  | 41,912 |  |  | — |  |  | — |  |  | 41,912 |
Consumer | 23,836 |  |  | 24,033 |  |  | — |  |  | — |  |  | 24,033 |
Total Community Banking | 1,098,706 |  |  | 1,076,782 |  |  | — |  |  | — |  |  | 1,076,782 |
Total loans and leases receivable | 2,944,989 |  |  | 2,927,755 |  |  | — |  |  | — |  |  | 2,927,755 |
Federal Home Loan Bank stock | 23,400 |  |  | 23,400 |  |  | — |  |  | 23,400 |  |  | — |
Accrued interest receivable | 22,016 |  |  | 22,016 |  |  | 22,016 |  |  | — |  |  | — |
Financial liabilities |  |  |  |  |  |  |  |  |
Non-interest bearing demand deposits | 2,405,274 |  |  | 2,405,274 |  |  | 2,405,274 |  |  | — |  |  | — |
Interest bearing demand deposits, savings, and money markets | 218,347 |  |  | 218,347 |  |  | 218,347 |  |  | — |  |  | — |
Certificates of deposits | 276,180 |  |  | 273,800 |  |  | — |  |  | 273,800 |  |  | — |
Wholesale non-maturing deposits | 94,384 |  |  | 94,384 |  |  | 94,384 |  |  | — |  |  | — |
Wholesale certificates of deposits | 1,436,802 |  |  | 1,432,146 |  |  | — |  |  | 1,432,146 |  |  | — |
Total deposits | 4,430,987 |  |  | 4,423,951 |  |  | 2,718,005 |  |  | 1,705,946 |  |  | — |
Advances from Federal Home Loan Bank | — |  |  | — |  |  | — |  |  | — |  |  | — |
Federal funds purchased | 422,000 |  |  | 422,000 |  |  | 422,000 |  |  | — |  |  | — |
Securities sold under agreements to repurchase | 3,694 |  |  | 3,694 |  |  | — |  |  | 3,694 |  |  | — |
Capital leases | 1,876 |  |  | 1,876 |  |  | — |  |  | 1,876 |  |  | — |
Trust preferred securities | 13,661 |  |  | 13,866 |  |  | — |  |  | 13,866 |  |  | — |
Subordinated debentures | 73,491 |  |  | 75,563 |  |  | — |  |  | 75,563 |  |  | — |
Accrued interest payable | 7,794 |  |  | 7,794 |  |  | 7,794 |  |  | — |  |  | — |
| September 30, 2017
| Carrying Amount |  | Estimated Fair Value |  | Level 1 |  | Level 2 |  | Level 3
| (Dollars in Thousands)
Financial assets |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | 1,267,586 |  |  | $ | 1,267,586 |  |  | $ | 1,267,586 |  |  | $ | — |  |  | $ | — |
Securities available for sale | 1,693,431 |  |  | 1,693,431 |  |  | 1,445 |  |  | 1,691,986 |  |  | — |
Securities held to maturity | 563,529 |  |  | 564,185 |  |  | — |  |  | 564,185 |  |  | — |
Total securities | 2,256,960 |  |  | 2,257,616 |  |  | 1,445 |  |  | 2,256,171 |  |  | — |
Loans and leases receivable: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial finance | 255,308 |  |  | 255,813 |  |  | — |  |  | — |  |  | 255,813 |
Consumer finance | 140,229 |  |  | 141,958 |  |  | — |  |  | — |  |  | 141,958 |
Tax services | 192 |  |  | 192 |  |  | — |  |  | — |  |  | 192 |
Total National Lending | 395,729 |  |  | 397,963 |  |  | — |  |  | — |  |  | 397,963 |
Commercial and multi-family real estate | 585,510 |  |  | 576,330 |  |  | — |  |  | — |  |  | 576,330 |
One to four family residential mortgage | 196,706 |  |  | 196,970 |  |  | — |  |  | — |  |  | 196,970 |
Agricultural | 95,394 |  |  | 94,454 |  |  | — |  |  | — |  |  | 94,454 |
Commercial operating | 30,718 |  |  | 30,682 |  |  | — |  |  | — |  |  | 30,682 |
Consumer | 22,775 |  |  | 22,003 |  |  | — |  |  | — |  |  | 22,003 |
Total Community Banking | 931,103 |  |  | 920,439 |  |  | — |  |  | — |  |  | 920,439 |
Total loans and leases receivable | 1,326,832 |  |  | 1,318,402 |  |  | — |  |  | — |  |  | 1,318,402 |
Federal Home Loan Bank stock | 61,123 |  |  | 61,123 |  |  | — |  |  | 61,123 |  |  | — |
Accrued interest receivable | 19,380 |  |  | 19,380 |  |  | 19,380 |  |  | — |  |  | — |
Financial liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |
Non-interest bearing demand deposits | 2,454,057 |  |  | 2,454,057 |  |  | 2,454,057 |  |  | — |  |  | — |
Interest bearing demand deposits, savings, and money markets | 169,557 |  |  | 169,557 |  |  | 169,557 |  |  | — |  |  | — |
Certificates of deposit | 123,637 |  |  | 123,094 |  |  | — |  |  | 123,094 |  |  | — |
Wholesale non-maturing deposits | 18,245 |  |  | 18,245 |  |  | 18,245 |  |  | — |  |  | — |
Wholesale certificates of deposits | 457,928 |  |  | 457,509 |  |  | — |  |  | 457,509 |  |  | — |
Total deposits | 3,223,424 |  |  | 3,222,462 |  |  | 2,641,859 |  |  | 580,603 |  |  | — |
Advances from Federal Home Loan Bank | 415,000 |  |  | 415,003 |  |  | — |  |  | 415,003 |  |  | — |
Federal funds purchased | 987,000 |  |  | 987,000 |  |  | 987,000 |  |  | — |  |  | — |
Securities sold under agreements to repurchase | 2,472 |  |  | 2,472 |  |  | — |  |  | 2,472 |  |  | — |
Capital leases | 1,938 |  |  | 1,938 |  |  | — |  |  | 1,938 |  |  | — |
Trust preferred | 10,310 |  |  | 10,447 |  |  | — |  |  | 10,447 |  |  | — |
Subordinated debentures | 73,347 |  |  | 76,500 |  |  | — |  |  | 76,500 |  |  | — |
Accrued interest payable | 2,280 |  |  | 2,280 |  |  | 2,280 |  |  | — |  |  | — |

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- Definition Tabular disclosure of assets and liabilities by class, including financial instruments measured at fair value that are classified in shareholders' equity, if any, that are measured at fair value on a nonrecurring basis in periods after initial recognition (for example, impaired assets). Disclosures may include, but are not limited to: (a) the fair value measurements recorded and the reasons for the measurements and (b) the level within the fair value hierarchy in which the fair value measurements are categorized in their entirety (levels 1, 2, 3). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bbb) -URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19190-110258 + Details
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- Definition Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19190-110258 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258 + Details
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