XML 17 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Interest and dividend income:    
Loans receivable, including fees $ 16,443 $ 10,678
Mortgage-backed securities 3,758 3,320
Other investments 10,656 8,577
Total interest and dividend income 30,857 22,575
Interest expense:    
Deposits 1,885 938
FHLB advances and other borrowings 2,776 1,804
Total interest expense 4,661 2,742
Net interest income 26,196 19,833
Provision for loan losses 1,068 843 [1]
Net interest income after provision for loan losses 25,128 18,990
Non-interest income:    
Refund transfer product fees 192 176
Tax advance product fees 1,947 449
Card fees 25,247 18,414
Loan fees 1,292 870
Bank-owned life insurance 669 448
Deposit fees 848 150
Loss on sale of securities available-for-sale, net (Includes ($1,010) and ($1,234) reclassified from accumulated other comprehensive income (loss) for net gains (losses) on available for sale securities for the three months ended December 31, 2017 and 2016, respectively) (1,010) (1,234) [1]
Loss on foreclosed real estate (19) 0 [1]
Other income 102 76
Total non-interest income 29,268 19,349
Non-interest expense:    
Compensation and benefits 22,340 17,850
Refund transfer product expense 101 51
Tax advance product expense 280 27
Card processing 6,540 5,579
Occupancy and equipment 4,890 3,977
Legal and consulting 2,416 2,723
Marketing 553 470
Data processing 414 363
Intangible amortization expense 1,681 1,525
Other expense 4,827 4,188
Total non-interest expense 44,042 36,753
Income before income tax expense 10,354 1,586
Income tax expense (Includes ($380), and ($463) reclassified from accumulated other comprehensive income (loss) for the three months ended December 31, 2017 and 2016, respectively) 5,684 342
Net income $ 4,670 $ 1,244 [1]
Earnings per common share    
Basic (in dollars per share) $ 0.48 $ 0.14
Diluted (in dollars per share) $ 0.48 $ 0.14
[1] See Note 1. Basis of Presentation for further discussion on the current presentation.