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LEASE COMMITMENTS
 12 Months Ended
Sep. 30, 2020
Leases [Abstract]  
LEASE COMMITMENTS OPERATING LEASE RIGHT-OF-USE ASSETS AND LIABILITIES
Operating lease ROU assets, included in other assets, were $25.8 million at September 30, 2020.

Operating lease liabilities, included in accrued expenses and other liabilities, were $27.1 million at September 30, 2020.

Undiscounted future minimum operating lease payments and a reconciliation to the amount recorded as operating lease liabilities were as follows:
(Dollars in Thousands)
2021$3,742 
20223,479 
20232,799 
20242,808 
20252,755 
Thereafter15,765 
Total undiscounted future minimum lease payments 31,348 
Discount(4,275)
Total operating lease liabilities$27,073 

The weighted-average discount rate and remaining lease term for operating leases were as follows:

September 30, 2020
Weighted-average discount rate2.35 %
Weighted-average remaining lease term (years)11.39

The components of total lease costs for operating leases, included in occupancy and equipment noninterest expense, were as follows:
(Dollars in Thousands)Fiscal Year Ended September 30, 2020
Lease expense$3,454 
Short-term and variable lease cost496 
Sublease income(733)
Total lease cost for operating leases$3,217 
LEASE COMMITMENTS
 
The Company has leased property under various non-cancelable operating lease agreements which expire at various times through 2036, and require annual rentals ranging from $2,000 to $867,000 plus the payment of property taxes, normal maintenance, and insurance on certain properties. The Company is also a party to capital lease agreements for building and equipment that expire at various times through fiscal year 2035. Interest expense for these capital lease obligations was $0.1 million for the fiscal year ended September 30, 2019, and is included in interest expense. Depreciation expense for the capital lease assets was $0.1 million for the fiscal year ended September 30, 2019 and is included in noninterest expense. The Company adopted ASC 842, Leasing, effective October 1, 2019. Refer to Note 1. Summary of Significant Accounting Policies for additional information on adoption impact and Note 11. Operating Lease Right-of-Use Assets and Liabilities for additional information on current period lease commitments.
The following table shows the total minimum rental commitment for the Company's operating and capital leases for each of the fiscal years presented below as of September 30 and thereafter.
 Fiscal Year Ended September 30,
(Dollars in Thousands)Operating
Leases		Capital
Leases
2020$3,709 $216 
20213,429 216 
20222,955 216 
20232,561 216 
20242,457 194 
Thereafter18,971 1,876 
Total leases commitments$34,082 $2,934 
Amounts representing interest $986 
Present value of net minimum lease payments 1,948 
LEASE COMMITMENTS LEASE COMMITMENTS
 
The Company has leased property under various non-cancelable operating lease agreements which expire at various times through 2036, and require annual rentals ranging from $2,000 to $867,000 plus the payment of property taxes, normal maintenance, and insurance on certain properties. The Company is also a party to capital lease agreements for building and equipment that expire at various times through fiscal year 2035. Interest expense for these capital lease obligations was $0.1 million for the fiscal year ended September 30, 2019, and is included in interest expense. Depreciation expense for the capital lease assets was $0.1 million for the fiscal year ended September 30, 2019 and is included in noninterest expense. The Company adopted ASC 842, Leasing, effective October 1, 2019. Refer to Note 1. Summary of Significant Accounting Policies for additional information on adoption impact and Note 11. Operating Lease Right-of-Use Assets and Liabilities for additional information on current period lease commitments.
The following table shows the total minimum rental commitment for the Company's operating and capital leases for each of the fiscal years presented below as of September 30 and thereafter.
 Fiscal Year Ended September 30,
(Dollars in Thousands)Operating
Leases		Capital
Leases
2020$3,709 $216 
20213,429 216 
20222,955 216 
20232,561 216 
20242,457 194 
Thereafter18,971 1,876 
Total leases commitments$34,082 $2,934 
Amounts representing interest $986 
Present value of net minimum lease payments 1,948