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DIVESTITURES (Tables)
 6 Months Ended
Mar. 31, 2020
Discontinued Operations and Disposal Groups [Abstract]  
Disposal Groups, Including Discontinued Operations The Company has summarized the results of the transaction below.
(Dollars in Thousands)Fair Value at
February 29, 2020
Cash and cash equivalents$2,504  
Loans268,584  
Premises, furniture and equipment4,945  
Other assets1,250  
Total assets$277,283  
Deposits$290,493  
Borrowings—  
Other liabilities1,720  
Total liabilities$292,213  
Net assets$(14,930) 
Purchase price4,345  
Gain on sale$19,275  
The Company has summarized the Community Bank division results for the three and six months ended March 31, 2020 below.

(Dollars in Thousands)
Community Bank Sold(1)
Community Bank Retained(2)
Total Community Bank
Three Months Ended March 31, 2020
Net interest income$1,525  $7,797  $9,322  
Provision for loan and lease losses—  6,974  6,974  
Noninterest income19,403  23  19,426  
Noninterest expense3,039  866  3,905  
Income before income tax expense$17,889  $(20) $17,869  
Six Months Ended March 31, 2020
Net interest income$2,512  $17,393  $19,905  
Provision for loan and lease losses(1,750) 6,974  5,224  
Noninterest income19,694  (3,484) 16,210  
Noninterest expense4,916  3,551  8,467  
Income before income tax expense$19,040  $3,384  $22,424  
(1) Reflects the activity of the assets and liabilities included in the transaction with Central Bank through the Closing Date, including gain.
(2) Reflects the activity of the retained Community Bank loan portfolio excluded from the transaction with Central Bank.