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SEGMENT REPORTING | 6 Months Ended
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Mar. 31, 2023
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. The Company reports its results of operations through the following three business segments: Consumer, Commercial, and Corporate Services/Other. The BaaS business line is reported in the Consumer segment. The Commercial Finance business line is reported in the Commercial segment. The Corporate Services/Other segment includes certain shared services as well as treasury related functions such as the investment portfolio, warehouse finance, wholesale deposits and borrowings. The following tables present segment data for the Company:
(Dollars in thousands) | Consumer |  | Commercial |  | Corporate Services/Other |  | Total
Three Months Ended March 31, | 2023 | 2022 |  | 2023 | 2022 |  | 2023 | 2022 |  | 2023 | 2022
Net interest income | $ | 41,418 |  | $ | 30,156 |  |  | $ | 46,758 |  | $ | 44,879 |  |  | $ | 13,229 |  | $ | 8,765 |  |  | $ | 101,405 |  | $ | 83,800 |
Provision for credit losses | 31,654 |  | 29,685 |  |  | 5,012 |  | 2,205 |  |  | 97 |  | 412 |  |  | 36,763 |  | 32,302 |
Noninterest income (loss) | 111,776 |  | 94,761 |  |  | 14,176 |  | 15,537 |  |  | 1,086 |  | (532) |  |  | 127,038 |  | 109,766 |
Noninterest expense | 49,910 |  | 29,892 |  |  | 38,846 |  | 31,457 |  |  | 38,380 |  | 41,811 |  |  | 127,136 |  | 103,160 |
Income (loss) before income tax expense | 71,630 |  | 65,340 |  |  | 17,076 |  | 26,754 |  |  | (24,162) |  | (33,990) |  |  | 64,544 |  | 58,104 |
Total assets | 361,528 |  | 456,335 |  |  | 3,581,677 |  | 3,355,196 |  |  | 2,925,051 |  | 3,075,708 |  |  | 6,868,256 |  | 6,887,239 |
Total goodwill | 87,145 |  | 87,145 |  |  | 222,360 |  | 222,360 |  |  | — |  | — |  |  | 309,505 |  | 309,505 |
Total deposits | 5,744,278 |  | 5,693,063 |  |  | 9,313 |  | 6,882 |  |  | 149,105 |  | 129,941 |  |  | 5,902,696 |  | 5,829,886 |
Six Months Ended March 31, |  |  |  |  |  |  |  |  |  |  |
Net interest income | $ | 75,690 |  | $ | 56,427 |  |  | $ | 89,082 |  | $ | 89,805 |  |  | $ | 20,690 |  | $ | 9,181 |  |  | $ | 185,462 |  | $ | 155,413 |
Provision (reversal of) for credit losses | 34,894 |  | 30,946 |  |  | 11,595 |  | 13,797 |  |  | 50 |  | (12,255) |  |  | 46,539 |  | 32,488 |
Noninterest income | 151,315 |  | 122,470 |  |  | 28,538 |  | 34,494 |  |  | 12,962 |  | 39,393 |  |  | 192,815 |  | 196,357 |
Noninterest expense | 84,404 |  | 49,553 |  |  | 71,595 |  | 64,504 |  |  | 76,196 |  | 71,539 |  |  | 232,195 |  | 185,596 |
Income (loss) before income tax expense | 107,707 |  | 98,398 |  |  | 34,430 |  | 45,998 |  |  | (42,594) |  | (10,710) |  |  | 99,543 |  | 133,686 |
Total assets | 361,528 |  | 456,335 |  |  | 3,581,677 |  | 3,355,196 |  |  | 2,925,051 |  | 3,075,708 |  |  | 6,868,256 |  | 6,887,239 |
Total goodwill | 87,145 |  | 87,145 |  |  | 222,360 |  | 222,360 |  |  | — |  | — |  |  | 309,505 |  | 309,505 |
Total deposits | 5,744,278 |  | 5,693,063 |  |  | 9,313 |  | 6,882 |  |  | 149,105 |  | 129,941 |  |  | 5,902,696 |  | 5,829,886 |

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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 https://asc.fasb.org/extlink&oid=126901519&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 https://asc.fasb.org/extlink&oid=126901519&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 https://asc.fasb.org/extlink&oid=126901519&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 https://asc.fasb.org/extlink&oid=126901519&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 https://asc.fasb.org/extlink&oid=126901519&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 https://asc.fasb.org/extlink&oid=126901519&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 https://asc.fasb.org/extlink&oid=126901519&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 https://asc.fasb.org/extlink&oid=126901519&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 https://asc.fasb.org/extlink&oid=126901519&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 https://asc.fasb.org/extlink&oid=126901519&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 https://asc.fasb.org/extlink&oid=126901519&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 https://asc.fasb.org/extlink&oid=126901519&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 https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI https://asc.fasb.org/topic&trid=2134510 + Details
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