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SIGNIFICANT EVENTS
 3 Months Ended
Dec. 31, 2020
Commitments and Contingencies Disclosure [Abstract]  
SIGNIFICANT EVENTS SIGNIFICANT EVENTS
COVID-19 Pandemic

The COVID-19 pandemic began impacting the U.S. and global economies in the first calendar quarter of 2020. Since the onset of this pandemic, macroeconomic conditions and markets have significantly deteriorated. In response to the impacts of COVID-19, the U.S. federal government enacted the Coronavirus Aid, Relief, and Economic Security Act ("CARES Act") on March 27, 2020. The goal of the CARES Act is to prevent a severe economic downturn through various measures, including direct financial aid to American families and economic stimulus to significantly impacted industry sectors. In addition to the CARES Act, the U.S. federal government enacted the Consolidated Appropriations Act of 2021 ("CAA") on December 27, 2020, which provides additional COVID-19 relief to American families and business.

The Company is participating in the Paycheck Protection Program ("PPP"), which is being administered by the Small Business Administration ("SBA"). It is the Company's understanding that loans funded through the PPP program are fully guaranteed by the U.S. government and that a portion of these loans will ultimately be forgiven by the SBA in accordance with the terms of the program. See Note 6. Loans and Leases, Net for further information related to this program.

In response to the COVID-19 pandemic impact on customers, the Company is engaging in more frequent communication with borrowers to better understand their situation and challenges and has been offering credit-worthy borrowers experiencing temporary hardship certain loan and lease modifications ("COVID modifications"), such as payment deferrals, as a result of interagency guidance issued on March 22, 2020 encouraging companies to work with customers impacted by COVID-19. The Company elected to treat COVID modifications on leases as part of the enforceable rights and obligations of the parties under the existing lease contract, resulting in these payment deferrals being treated as variable lease payments under the existing lease versus lease modifications. Additionally, for COVID modifications on loans, the Company adjusted its effective interest rate to reflect the payment deferral modification and continued accruing interest during this period. Short-term modifications made on a good faith basis in response to COVID-19 borrowers whose payments were current prior to any relief, are not to be considered troubled debt restructurings, and will not be considered delinquent so long as they meet their revised obligations in the modification agreement.
The table below presents the outstanding balances of active COVID-19 related modifications.

As of the Period Ended
(Dollars in Thousands)December 31, 2020September 30, 2020June 30, 2020
National Lending
Term lending$18,321 $26,559 $88,227 
Asset based lending1,124 7,924 17,657 
Factoring— 18,434 20,859 
Lease financing1,637 5,896 27,310 
Insurance premium finance— 230 5,505 
SBA/USDA— 7,724 7,724 
Other commercial finance— 69 74 
Commercial finance21,082 66,836 167,356 
Consumer credit products1,210 1,574 462 
Other consumer finance2,682 4,223 6,855 
Consumer finance3,892 5,797 7,317 
Total National Lending24,974 72,633 174,673 
Community Banking
Commercial real estate and operating60,319 120,695 148,838 
Consumer one-to-four family real estate and other— — 2,534 
Total Community Banking60,319 120,695 151,372 
Total loans and leases85,293 193,328 326,045 
Rental equipment— — 819 
Total COVID-19 related modifications$85,293 $193,328 $326,864