XML 60 R27.htm IDEA: XBRL DOCUMENT
v3.20.2

CAPITAL REQUIREMENTS AND RESTRICTIONS ON RETAINED EARNINGS | 12 Months Ended
--- | ---
Sep. 30, 2020
CAPITAL REQUIREMENTS AND RESTRICTIONS ON RETAINED EARNINGS [Abstract] |
CAPITAL REQUIREMENTS AND RESTRICTIONS ON RETAINED EARNINGS | CAPITAL REQUIREMENTS AND RESTRICTIONS ON RETAINED EARNINGS As U.S. banking organizations, the Company and the Bank are required to comply with the regulatory capital rules adopted by the Federal Reserve and the OCC (the "Capital Rules") that became effective on January 1, 2015, subject to phase-in periods for certain requirements and other provisions of the Capital Rules. Under the Capital Rules and the regulatory framework for prompt corrective action, the Company and Bank must meet specific capital guidelines that involve quantitative measures of the Company’s and Bank’s assets, liabilities and certain off-balance-sheet items as calculated under regulatory accounting practices. The Company’s and Bank’s capital amounts and classifications are also subject to qualitative judgments by regulators about components, risk weightings and other factors. The Capital Rules require the Company and the Bank to maintain minimum ratios (set forth in the table below) of total risk-based capital and Tier 1 capital (as defined in the regulations) to risk-weighted assets (as defined), and a leverage ratio consisting of Tier 1 capital (as defined) to average assets (as defined). At September 30, 2020, both the Bank and the Company exceeded federal regulatory minimum capital requirements to be classified as well-capitalized under the prompt corrective action requirements. The Company and the Bank took the accumulated other comprehensive income (“AOCI”) opt-out election; under the rule, non-advanced approach banking organizations were given a one-time option to exclude certain AOCI components. The table below includes certain non-GAAP financial measures that are used by investors, analysts and bank regulatory agencies to assess the capital position of financial services companies. Management reviews these measures along with other measures of capital as part of its financial analyses and has included this non-GAAP financial information, and the corresponding reconciliation to total equity.
| Company |  | Bank |  | Minimum to be Adequately Capitalized Under Prompt Corrective Action Provisions |  | Minimum to be Well Capitalized Under Prompt Corrective Action Provisions
September 30, 2020 |  |  |  |  |  |  |
Tier 1 leverage capital ratio | 6.58 | % |  | 7.56 | % |  | 4.00 | % |  | 5.00 | %
Common equity Tier 1 capital ratio | 11.78 |  |  | 13.96 |  |  | 4.50 |  |  | 6.50 |
Tier 1 capital ratio | 12.18 |  |  | 14.00 |  |  | 6.00 |  |  | 8.00 |
Total capital ratio | 15.30 |  |  | 15.26 |  |  | 8.00 |  |  | 10.00 |
September 30, 2019 |  |  |  |  |  |  |
Tier 1 leverage capital ratio | 8.33 | % |  | 9.65 | % |  | 4.00 | % |  | 5.00 | %
Common equity Tier 1 capital ratio | 10.35 |  |  | 12.31 |  |  | 4.50 |  |  | 6.50 |
Tier 1 capital ratio | 10.71 |  |  | 12.37 |  |  | 6.00 |  |  | 8.00 |
Total capital ratio | 13.01 |  |  | 13.02 |  |  | 8.00 |  |  | 10.00 |
The following table provides a reconciliation of the amounts included in the table above for the Company.
| Standardized Approach(1) September 30, 2020
(Dollars in Thousands) |
Total stockholders' equity | $ | 847,308 |
Adjustments: |
LESS: Goodwill, net of associated deferred tax liabilities | 302,396 |
LESS: Certain other intangible assets | 40,964 |
LESS: Net deferred tax assets from operating loss and tax credit carry-forwards | 18,361 |
LESS: Net unrealized gains (losses) on available-for-sale securities | 17,762 |
LESS: Noncontrolling interest | 3,603 |
Common Equity Tier 1 (1) | 464,222 |
Long-term borrowings and other instruments qualifying as Tier 1 | 13,661 |
Tier 1 minority interest not included in common equity tier 1 capital | 1,894 |
Total Tier 1 capital | 479,777 |
Allowance for loan and lease losses | 49,343 |
Subordinated debentures (net of issuance costs) | 73,807 |
Total capital | $ | 602,927 |
(1) Capital ratios were determined using the Capital Rules that became effective on January 1, 2015. The Capital Rules revised the definition of capital, increased minimum capital ratios, and introduced a minimum common equity tier 1 capital ratio; those changes are being fully phased in through the end of 2021. The following table provides a reconciliation of tangible common equity and tangible common equity excluding AOCI, each of which is used in calculating tangible book value data, to Total Stockholders' Equity. Each of tangible common equity and tangible common equity excluding AOCI is a non-GAAP financial measure that is commonly used within the banking industry.
(Dollars in Thousands) | September 30, 2020
Total stockholders' equity | $ | 847,308 |
LESS: Goodwill | 309,505 |
LESS: Intangible assets | 41,692 |
Tangible common equity | 496,111 |
LESS: AOCI | 17,542 |
Tangible common equity excluding AOCI | $ | 478,569 |
Since January 1, 2016, the Company and the Bank have been required to maintain a capital conservation buffer above the minimum risk-based capital requirements in order to avoid certain limitations on capital distributions, stock repurchases and discretionary bonus payments to executive officers. The capital conservation buffer is exclusively composed of Common Equity Tier 1 capital, and it applies to each of the three risk-based capital ratios but not the leverage ratio. The required Common Equity Tier 1 risk-based, Tier 1 risk-based and total risk-based capital ratios with the buffer are currently 7.0%, 8.5% and 10.5%, respectively.

X
- References No definition available. + Details
Name: | cash_CapitalRequirementsAndRestrictionsOnRetainedEarningsAbstract
Namespace Prefix: | cash_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for regulatory capital requirement for depository and lending institutions. Institutions include, but not are not limited to, finance company, insured depository institution, bank holding company, savings and loan association holding company, bank and savings institution not federally insured, mortgage company, foreign financial institution and credit union. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1F -URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958575-112826 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1 -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958568-112826 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958568-112826 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958569-112826 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1 -Subparagraph (a)(2) -URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958568-112826 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1 -Subparagraph (a)(1) -URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958568-112826 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958568-112826 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1D -URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958573-112826 + Details
Name: | us-gaap_RegulatoryCapitalRequirementsUnderBankingRegulationsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration