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SEGMENT REPORTING | 9 Months Ended
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Jun. 30, 2024
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 table presents segment data for the Company:
(Dollars in thousands) | Consumer |  | Commercial |  | Corporate Services/Other |  | Total
Three Months Ended June 30, | 2024 | 2023 |  | 2024 | 2023 |  | 2024 | 2023 |  | 2024 | 2023
Net interest income | $ | 57,875 |  | $ | 40,683 |  |  | $ | 52,494 |  | $ | 53,067 |  |  | $ | 490 |  | $ | 3,715 |  |  | $ | 110,859 |  | $ | 97,465 |
Provision for (reversal of) credit loss | (2,187) |  | 508 |  |  | 8,013 |  | 1,265 |  |  | 55 |  | — |  |  | 5,881 |  | 1,773 |
Noninterest income | 44,235 |  | 48,714 |  |  | 18,051 |  | 16,709 |  |  | 3,585 |  | 2,310 |  |  | 65,871 |  | 67,733 |
Noninterest expense | 49,133 |  | 39,666 |  |  | 33,227 |  | 33,594 |  |  | 41,319 |  | 41,318 |  |  | 123,679 |  | 114,578 |
Income (loss) before income tax expense | 55,164 |  | 49,223 |  |  | 29,305 |  | 34,917 |  |  | (37,299) |  | (35,293) |  |  | 47,170 |  | 48,847 |
Total assets | 450,044 |  | 455,540 |  |  | 4,321,893 |  | 3,914,924 |  |  | 2,758,343 |  | 3,088,161 |  |  | 7,530,280 |  | 7,458,625 |
Total goodwill | 87,145 |  | 87,145 |  |  | 222,360 |  | 222,360 |  |  | — |  | — |  |  | 309,505 |  | 309,505 |
Total deposits | 6,190,419 |  | 6,130,524 |  |  | 13,592 |  | 7,550 |  |  | 227,505 |  | 168,902 |  |  | 6,431,516 |  | 6,306,976 |
Nine Months Ended June 30, |  |  |  |  |  |  |  |  |  |  |
Net interest income | $ | 173,758 |  | $ | 116,373 |  |  | $ | 143,288 |  | $ | 142,149 |  |  | $ | 22,150 |  | $ | 24,405 |  |  | $ | 339,196 |  | $ | 282,927 |
Provision for credit loss | 26,719 |  | 35,402 |  |  | 15,031 |  | 12,860 |  |  | 73 |  | 50 |  |  | 41,823 |  | 48,312 |
Noninterest income | 186,709 |  | 200,029 |  |  | 51,799 |  | 45,247 |  |  | 9,069 |  | 15,272 |  |  | 247,577 |  | 260,548 |
Noninterest expense | 158,598 |  | 124,070 |  |  | 106,213 |  | 105,189 |  |  | 118,573 |  | 117,514 |  |  | 383,384 |  | 346,773 |
Income (loss) before income tax expense | 175,150 |  | 156,930 |  |  | 73,843 |  | 69,347 |  |  | (87,427) |  | (77,887) |  |  | 161,566 |  | 148,390 |
Total assets | 450,044 |  | 455,540 |  |  | 4,321,893 |  | 3,914,924 |  |  | 2,758,343 |  | 3,088,161 |  |  | 7,530,280 |  | 7,458,625 |
Total goodwill | 87,145 |  | 87,145 |  |  | 222,360 |  | 222,360 |  |  | — |  | — |  |  | 309,505 |  | 309,505 |
Total deposits | 6,190,419 |  | 6,130,524 |  |  | 13,592 |  | 7,550 |  |  | 227,505 |  | 168,902 |  |  | 6,431,516 |  | 6,306,976 |

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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/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 48 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-48 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards 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