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SEGMENT REPORTING | 12 Months Ended
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Sep. 30, 2021
Segment Reporting [Abstract] |
SEGMENT REPORTING | SEGMENT REPORTING An operating segment is generally defined as a component of a business for which discrete financial information is available and whose results are reviewed by the chief operating decision-maker. Operating segments are aggregated into reportable segments if certain criteria are met. In the Annual Report on Form 10-K for the fiscal year ended September 30, 2019, the Company reported its results of operations through three business segments: Payments, Banking, and Corporate Services/Other. Beginning October 1, 2019, segments are now aligned with the new management operating structure implemented by the Company for fiscal year 2020. The Company accordingly has changed its basis of presentation for segments, and following such change, reports its results of operations through the following three business segments: Consumer, Commercial, and Corporate Services/Other. The Meta Payments and Tax Services divisions, formerly reported in the Payments segment, are now included in the Consumer segment. The Consumer Credit Products and ClearBalance business lines, previously reported in the Banking segment, are now included in the Consumer segment. The Crestmark and AFS divisions, formerly reported in the Banking segment, are now included in the Commercial segment. The Community Bank division and Student Loan lending portfolio, previously reported in the Banking segment, are now included in the Corporate Services/Other segment. The Corporate Services/Other segment also includes certain shared services as well as treasury related functions such as the investment portfolio, warehouse finance, wholesale deposits and borrowings. Prior periods have been reclassified to conform to the current period presentation. The Company does not report indirect general and administrative expenses in the Consumer and Commercial segments. The following tables present segment data for the Company:
| Fiscal Year Ended September 30, 2021
(Dollars in Thousands) | Consumer |  | Commercial |  | Corporate Services/Other |  | Total
Net interest income | $ | 92,133 |  |  | $ | 173,325 |  |  | $ | 13,533 |  |  | $ | 278,991 |
Provision (recovery) for credit losses | 35,765 |  |  | 19,791 |  |  | (5,790) |  |  | 49,766 |
Noninterest income | 195,708 |  |  | 61,813 |  |  | 13,383 |  |  | 270,904 |
Noninterest expense | 90,800 |  |  | 114,917 |  |  | 137,966 |  |  | 343,683 |
Income (loss) before income tax expense | 161,276 |  |  | 100,430 |  |  | (105,260) |  |  | 156,446 |
Total assets | 372,115 |  |  | 3,191,215 |  |  | 3,127,320 |  |  | 6,690,650 |
Total goodwill | 87,145 |  |  | 222,360 |  |  | — |  |  | 309,505 |
Total deposits | 5,342,192 |  |  | 6,625 |  |  | 166,154 |  |  | 5,514,971 |
| Fiscal Year Ended September 30, 2020
(Dollars in Thousands) | Consumer |  | Commercial |  | Corporate Services/Other |  | Total
Net interest income | $ | 93,245 |  |  | $ | 150,766 |  |  | $ | 15,027 |  |  | $ | 259,038 |
Provision for loan and lease losses | 21,807 |  |  | 29,296 |  |  | 13,673 |  |  | 64,776 |
Noninterest income | 158,284 |  |  | 60,151 |  |  | 21,359 |  |  | 239,794 |
Noninterest expense | 76,521 |  |  | 107,802 |  |  | 134,728 |  |  | 319,051 |
Income (loss) before income tax expense | 153,201 |  |  | 73,819 |  |  | (112,015) |  |  | 115,005 |
Total assets | 294,937 |  |  | 2,836,149 |  |  | 2,960,988 |  |  | 6,092,074 |
Total goodwill | 87,145 |  |  | 222,360 |  |  | — |  |  | 309,505 |
Total deposits | 4,555,999 |  |  | 6,226 |  |  | 416,975 |  |  | 4,979,200 |
| Fiscal Year Ended September 30, 2019
(Dollars in Thousands) | Consumer |  | Commercial |  | Corporate Services/Other |  | Total
Net interest income | $ | 69,131 |  |  | $ | 152,565 |  |  | $ | 42,511 |  |  | $ | 264,207 |
Provision for loan and lease losses | 25,138 |  |  | 21,901 |  |  | 8,611 |  |  | 55,650 |
Noninterest income | 162,212 |  |  | 54,224 |  |  | 6,109 |  |  | 222,545 |
Noninterest expense | 76,931 |  |  | 127,033 |  |  | 129,196 |  |  | 333,160 |
Income (loss) before income tax expense (benefit) | 129,274 |  |  | 57,855 |  |  | (89,187) |  |  | 97,942 |
Total assets | 436,985 |  |  | 2,432,381 |  |  | 3,313,524 |  |  | 6,182,890 |
Total goodwill | 87,145 |  |  | 222,360 |  |  | — |  |  | 309,505 |
Total deposits | 2,444,452 |  |  | 5,588 |  |  | 1,886,965 |  |  | 4,337,005 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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