XML 20 R8.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash flows from operating activities:    
Net income before noncontrolling interest $ 129,026 $ 95,135
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation, amortization and accretion, net 43,561 46,123
Stock compensation 5,090 8,320
Provision (recovery):    
Provision (recovery) for credit losses 40,991 55,796
Deferred taxes (1,360) 2,289
Loans held for sale:    
Originations (472,935) (63,396)
Proceeds from sales 694,063 168,814
Net change 2,495 22,612
Fair value adjustment of foreclosed real estate 481 568
Net realized (gain) loss):    
Other assets 28 361
Divestitures 0 (19,275)
Foreclosed real estate and repossessed assets (4) 5,039
Securities available for sale, net (6) 0
Loans held for sale (9,804) (4,069)
Lease receivables and equipment (1,076) (2,302)
Net change:    
Other assets (3,742) (20,623)
Deposits held for sale 0 1,535
Accrued interest payable (70) (5,082)
Accrued expenses and other liabilities 25,402 (10,218)
Accrued interest receivable 398 1,738
Change in bank-owned life insurance value (1,827) (1,870)
Impairment on assets held for sale 0 242
Net cash provided by operating activities 450,711 281,737
Securities available for sale:    
Purchases (976,502) (60,024)
Proceeds from sales 50,468 0
Proceeds from maturities and principal repayments 266,673 166,477
Securities held to maturity:    
Proceeds from maturities and principal repayments 27,041 28,642
Loans and leases:    
Purchases (145,639) (120,406)
Proceeds from sales 13,822 3,099
Net change (177,944) (73,360)
Proceeds from sales of foreclosed real estate and repossessed assets 8,285 23,086
Federal Reserve Bank and Federal Home Loan Bank stock:    
Purchases (1,295) (472,000)
Redemption 0 471,080
Rental equipment:    
Purchases (36,800) (48,279)
Proceeds from sales 11,744 13,262
Net change (2,303) 2,625
Premises, furniture, and equipment:    
Purchases (9,448) (8,573)
Proceeds from sales 86 0
Proceeds from divestitures 0 3,498
Net cash (used in) investing activities (971,812) (70,873)
Cash flows from financing activities:    
Checking, savings, and money market deposits 1,188,046 4,440,032
Time certificates of deposit (8,798) (84,285)
Wholesale deposits (269,576) (813,495)
FHLB and other borrowings 0 (165,000)
Federal funds 0 (477,000)
Securities sold under agreements to repurchase 0 (4,019)
Distribution to noncontrolling interest (2,882) (3,833)
Proceeds from other liabilities 80 1,633
Other liabilities (4,775) (5,977)
Capital lease obligations (24) (1,729)
Cash dividends paid (4,804) (5,370)
Issuance of common stock due to ESOP 3,036 3,220
Issuance of common stock due to restricted stock 0 2
Proceeds from exercise of stock options and issuance of common stock 0 293
Shares repurchased (87,018) (113,472)
Net cash provided by financing activities 813,285 2,771,000
Effect of exchange rate changes on cash 692 (268)
Net change in cash and cash equivalents 292,876 2,981,596
Cash and cash equivalents at beginning of fiscal year 427,367 126,545
Cash and cash equivalents at end of fiscal period 720,243 3,108,141
Supplemental disclosure of cash flow information:    
Interest 5,544 34,991
Income taxes 4,147 5,775
Franchise taxes 200 231
Other taxes 671 492
Supplemental schedule of non-cash investing activities:    
Loans and leases to foreclosed real estate and repossessed assets 9 5,983
Loans and leases to rental equipment 14,844 (573)
Rental equipment to loan and leases 14,014 691
Loans and leases to held for sale 118,037 325,092
Other assets to held for sale 0 7,858
Deposits to held for sale 0 288,975
Recognition of operating lease ROU assets, net of measurements $ 12,954 $ 27,019