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RESTATEMENT OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS - Cash Flow Restatement - USD ($)
3 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Cash flows from operating activities:    
Net income before noncontrolling interest $ 30,166,000 $ 35,156,000
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 14,918,000 14,689,000
Provision for credit loss 18,661,000 7,758,000
Provision for deferred taxes 1,999,000 3,535,000
Originations of loans held for sale (853,109,000) (631,905,000)
Proceeds from sales of loans held for sale 618,432,000 626,336,000
Net change in loans held for sale 264,136,000 13,829,000
Net realized (gain) on securities available for sale 15,671,000 0
Net realized (gain) on divestitures (16,404,000) 0
Net realized (gain) loss on loans held for sale (4,378,000) 31,000
Net realized (gain) on other (987,000) (2,871,000)
Impairment of intangibles 0 0
Net change in accrued interest receivable (3,894,000) (3,798,000)
Net change in other assets (30,332,000) (14,712,000)
Net change in accrued expenses and other liabilities (128,226,000) (19,749,000)
Stock compensation 1,612,000 1,234,000
Net cash provided by (used in) operating activities (71,735,000) 29,533,000
Cash flows from investing activities:    
Purchases of securities available for sale (1,168,000) 0
Proceeds from sales of securities available for sale 160,135,000 0
Proceeds from maturities of and principal collected on securities available for sale 39,727,000 41,936,000
Proceeds from maturities of and principal collected on securities held to maturity 1,038,000 1,093,000
Purchases of Federal Reserve Bank and Federal Home Loan Bank stock (90,725,000) (91,130,000)
Redemption of Federal Reserve Bank and Federal Home Loan Bank stock 102,285,000 95,647,000
Purchases of loans and leases (139,359,000) (89,390,000)
Net change in loans and leases (330,646,000) 91,806,000
Purchases of premises, furniture, and equipment (2,087,000) (1,885,000)
Purchases of rental equipment (52,790,000) (106,160,000)
Proceeds from sales of rental equipment 5,591,000 3,373,000
Net change in rental equipment 118,000 (79,000)
Proceeds from divestitures, net of transaction costs 600,232,000 0
Proceeds from sale of other assets 408,000 4,077,000
Net cash provided by (used in) investing activities 292,759,000 (50,712,000)
Cash flows from financing activities:    
Net change in deposits 655,942,000 346,873,000
Net change in short-term borrowings (377,000,000)  
Principal payments on other liabilities 0 (284,000)
Dividends paid on common stock (1,202,000) (1,299,000)
Issuance of common stock due to restricted stock 0 1,000
Repurchases of common stock (57,010,000) (15,918,000)
Investment by (distributions to) noncontrolling interest (678,000) 238,000
Net cash provided by financing activities 220,052,000 316,611,000
Effect of exchange rate changes on cash (2,017,000) 618,000
Net change in cash and cash equivalents 439,059,000 296,050,000
Cash and cash equivalents at beginning of fiscal year 158,337,000 375,580,000
Cash and cash equivalents at end of fiscal period 597,396,000 671,630,000
Supplemental disclosure of cash flow information:    
Interest 2,906,000 4,168,000
Income taxes 1,407,000 641,000
Franchise and other taxes 76,000 66,000
Supplemental schedule of non-cash investing activities:    
Held for sale to loans and leases 2,500,000 0
Loans and leases to rental equipment 1,604,000 1,430,000
Recognition of operating lease ROU assets, net of measurements 0 $ 654,000
As Previously Reported on Form 10-Q    
Cash flows from operating activities:    
Net income before noncontrolling interest 31,626,000  
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 14,918,000  
Provision for credit loss 12,032,000  
Provision for deferred taxes 2,157,000  
Originations of loans held for sale (853,109,000)  
Proceeds from sales of loans held for sale 618,432,000  
Net change in loans held for sale 264,136,000  
Net realized (gain) on securities available for sale 15,671,000  
Net realized (gain) on divestitures (16,404,000)  
Net realized (gain) loss on loans held for sale (4,378,000)  
Net realized (gain) on other (987,000)  
Net change in accrued interest receivable (3,894,000)  
Net change in other assets (30,339,000)  
Net change in accrued expenses and other liabilities (128,088,000)  
Stock compensation 1,612,000  
Net cash provided by (used in) operating activities (76,615,000)  
Cash flows from investing activities:    
Purchases of securities available for sale (1,168,000)  
Proceeds from sales of securities available for sale 160,135,000  
Proceeds from maturities of and principal collected on securities available for sale 39,727,000  
Proceeds from maturities of and principal collected on securities held to maturity 1,038,000  
Purchases of Federal Reserve Bank and Federal Home Loan Bank stock (90,725,000)  
Redemption of Federal Reserve Bank and Federal Home Loan Bank stock 102,285,000  
Purchases of loans and leases (139,359,000)  
Net change in loans and leases (325,766,000)  
Purchases of premises, furniture, and equipment (2,087,000)  
Purchases of rental equipment (52,790,000)  
Proceeds from sales of rental equipment 5,591,000  
Net change in rental equipment 118,000  
Proceeds from divestitures, net of transaction costs 600,232,000  
Proceeds from sale of other assets 408,000  
Net cash provided by (used in) investing activities 297,639,000  
Cash flows from financing activities:    
Net change in deposits 655,942,000  
Net change in short-term borrowings (377,000,000)  
Principal payments on other liabilities 0  
Dividends paid on common stock (1,202,000)  
Issuance of common stock due to restricted stock 0  
Repurchases of common stock (57,010,000)  
Investment by (distributions to) noncontrolling interest (678,000)  
Net cash provided by financing activities 220,052,000  
Effect of exchange rate changes on cash (2,017,000)  
Net change in cash and cash equivalents 439,059,000  
Cash and cash equivalents at beginning of fiscal year 158,337,000  
Cash and cash equivalents at end of fiscal period 597,396,000  
Restatement Adjustment    
Cash flows from operating activities:    
Net income before noncontrolling interest (1,460,000)  
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization  
Provision for credit loss 6,629,000  
Provision for deferred taxes (158,000)  
Originations of loans held for sale  
Proceeds from sales of loans held for sale  
Net change in loans held for sale  
Net realized (gain) on securities available for sale  
Net realized (gain) on divestitures  
Net realized (gain) loss on loans held for sale  
Net realized (gain) on other  
Net change in accrued interest receivable  
Net change in other assets 7,000  
Net change in accrued expenses and other liabilities (138,000)  
Stock compensation  
Net cash provided by (used in) operating activities 4,880,000  
Cash flows from investing activities:    
Purchases of securities available for sale  
Proceeds from sales of securities available for sale  
Proceeds from maturities of and principal collected on securities available for sale  
Proceeds from maturities of and principal collected on securities held to maturity  
Purchases of Federal Reserve Bank and Federal Home Loan Bank stock  
Redemption of Federal Reserve Bank and Federal Home Loan Bank stock  
Purchases of loans and leases  
Net change in loans and leases (4,880,000)  
Purchases of premises, furniture, and equipment  
Purchases of rental equipment  
Proceeds from sales of rental equipment  
Net change in rental equipment  
Proceeds from divestitures, net of transaction costs  
Proceeds from sale of other assets  
Net cash provided by (used in) investing activities (4,880,000)  
Cash flows from financing activities:    
Net change in deposits  
Net change in short-term borrowings  
Principal payments on other liabilities  
Dividends paid on common stock  
Issuance of common stock due to restricted stock  
Repurchases of common stock  
Investment by (distributions to) noncontrolling interest  
Net cash provided by financing activities  
Effect of exchange rate changes on cash 0  
Net change in cash and cash equivalents 0  
Cash and cash equivalents at beginning of fiscal year 0  
Cash and cash equivalents at end of fiscal period $ 0