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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Mar. 31, 2018
Mar. 31, 2017
[1]
Cash flows from operating activities:    
Net income $ 36,106 $ 33,386
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and accretion, net 19,183 24,843
Stock-based compensation expense 6,322 493
Provision for loan losses 19,411 9,492
Provision (recovery) for deferred taxes 126 (2,172)
(Gain) on other assets (15) (14)
(Gain) loss on sale of foreclosed real estate 19 (7)
Loss on sale of securities available for sale, net 1,176 1,378
Net change in accrued interest receivable 1,776 (3,703)
Fair value adjustment of foreclosed real estate 23 0
Originations of loans held for sale 0 (685,934)
Proceeds from sales of loans held for sale 0 685,934
Change in bank-owned life insurance value (1,319) (892)
Net change in other assets (14,472) (40,079)
Net change in accrued interest payable (965) (153)
Net change in accrued expenses and other liabilities 36,779 47,933
Net cash provided by operating activities 104,150 70,505
Cash flows from investing activities:    
Purchase of securities available-for-sale (323,995) (577,967)
Proceeds from sales of securities available-for-sale 126,373 113,647
Proceeds from maturities and principal repayments of securities available for sale 71,652 59,383
Purchase of securities held to maturity 0 (931)
Proceeds from maturities and principal repayments of securities held to maturity 19,863 21,112
Loans purchased (88,986) (136,172)
Loans sold 9,582 11,205
Net change in loans receivable (143,766) (102,576)
Proceeds from sales of foreclosed real estate or other assets 122 83
Net cash paid for acquisitions 0 (29,425)
Federal Home Loan Bank stock purchases (477,604) (243,971)
Federal Home Loan Bank stock redemptions 520,880 266,440
Proceeds from the sale of premises and equipment 0 58
Purchase of premises and equipment (3,689) (4,210)
Net cash used in investing activities (289,568) (623,324)
Cash flows from financing activities:    
Net change in checking, savings, and money market deposits 464,084 485,048
Net change in time deposits (51,925) (64,822)
Net change in wholesale deposits (295,086) 21,923
Net change in FHLB and other borrowings (385,000) (100,000)
Net change in federal funds (703,000) (499,000)
Net change in securities sold under agreements to repurchase (758) (1,191)
Principal payments on capital lease obligations (31) (38)
Cash dividends paid (2,517) (2,409)
Purchase of shares by ESOP 1,606 0
Issuance of restricted stock 1 0
Proceeds from exercise of stock options and issuance of common stock 147 6,771
Shares repurchased for tax withholdings on stock compensation (2,126) 0
Net cash used in financing activities (974,605) (153,718)
Net change in cash and cash equivalents (1,160,023) (706,537)
Cash and cash equivalents at beginning of period 1,267,586 773,830
Cash and cash equivalents at end of period 107,563 67,293
Cash paid during the period for:    
Interest 9,662 6,341
Income taxes 3,966 2,371
Franchise taxes 66 95
Other taxes 153 260
Supplemental schedule of non-cash investing activities:    
Loans transferred to foreclosed real estate and repossessed assets (29,922) 0
Securities transferred from held to maturity to available for sale (306,000) 0
Contingent consideration - cash 0 (17,252)
Contingent consideration - equity 0 (24,142)
Stock issued for acquisition $ 0 $ (37,296)
[1] See Note 1. Basis of Presentation for further discussion on the current presentation.