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DIVESTITURES
3 Months Ended
Dec. 31, 2020
Discontinued Operations and Disposal Groups [Abstract]  
DIVESTITURES DIVESTITURES
During the fiscal year ended September 30, 2020, the Company sold the Bank's Community Bank division, a component of the Company's Corporate segment, to Central Bank, a state-chartered bank headquartered in Storm Lake, Iowa. The sale included $290.5 million of deposits; $268.6 million of loans; $4.9 million of premises, furniture, and equipment; and $1.3 million of other assets and closed February 29, 2020 (the "Closing Date"). The sale resulted in a gain of $19.3 million before tax that was recognized within noninterest income on the Company's Condensed Consolidated Statements of Operations.

The Company entered a servicing agreement with Central Bank for the retained Community Bank loan portfolio that became effective on the Closing Date. The Company recognized $1.1 million and none in servicing fee expense during the three months ended December 31, 2020 and 2019, respectively, and $3.5 million for the fiscal year ended September 30, 2020.

Since the Closing Date, the Company has entered into subsequent loan portfolio sale agreements with Central Bank. The Company sold additional loans from the retained Community Bank portfolio in the amount of $129.8 million and none in the three months ended December 31, 2020 and 2019, respectively, and $135.0 million for the fiscal year ended September 30, 2020. The sales did not result in any significant gains or losses to the Condensed Consolidated Statements of Operations.