XML 21 R9.htm IDEA: XBRL DOCUMENT v3.25.2
RESTATEMENT OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS - Balance Sheet Restatement - USD ($)
$ / shares in Units, $ in Thousands
Dec. 31, 2024
Sep. 30, 2024
Dec. 31, 2023
Sep. 30, 2023
ASSETS        
Cash and cash equivalents $ 597,396 $ 158,337    
Securities available for sale, at fair value 1,480,090 1,741,221    
Securities held to maturity, at amortized cost (fair value $27,431 and $30,236, respectively) 32,001 33,092    
Investment securities held to maturity, fair value 27,431 30,236    
Federal Reserve Bank and Federal Home Loan Bank Stock, at cost 24,454 36,014    
Loans held for sale 72,648 691,688    
Loans and leases 4,562,681 4,075,195    
Allowance for credit losses (74,337) (71,765)    
Accrued interest receivable 35,279 31,385    
Premises, furniture, and equipment, net 38,263 39,055    
Rental equipment, net 206,754 205,339    
Goodwill and intangible assets 313,074 326,094    
Other assets 315,122 266,362    
Total assets 7,603,425 7,532,017 $ 7,902,511  
LIABILITIES        
Deposits 6,518,953 5,875,085    
Short-term borrowings 0 377,000    
Long-term borrowings 33,380 33,354    
Accrued expenses and other liabilities 293,538 424,389    
Total liabilities 6,845,871 6,709,828    
STOCKHOLDERS’ EQUITY        
Preferred stock, 3,000,000 shares authorized, no shares issued, none outstanding at December 31, 2024 and September 30, 2024, respectively $ 0 $ 0    
Preferred stock, shares authorized (in shares) 3,000,000 3,000,000    
Preferred stock, shares issued (in shares) 0 0    
Preferred stock, shares outstanding (in shares) 0 0    
Additional paid-in capital $ 640,422 $ 638,803    
Retained earnings 313,446 337,058    
Accumulated other comprehensive loss (190,917) (153,394)    
Treasury stock, at cost, 3,769 and 41,980 common shares at September 30, 2024 and 2023, respectively $ (4,882) $ (249)    
Treasury stock (in shares) 70,215 3,769    
Total equity attributable to parent $ 758,310 $ 822,466    
Noncontrolling interest (756) (277)    
Total stockholders’ equity 757,554 822,189 $ 704,246 $ 618,347
Total liabilities and stockholders’ equity 7,603,425 7,532,017    
As Previously Reported on Form 10-Q        
ASSETS        
Cash and cash equivalents 597,396      
Securities available for sale, at fair value 1,480,090      
Securities held to maturity, at amortized cost (fair value $27,431 and $30,236, respectively) 32,001      
Federal Reserve Bank and Federal Home Loan Bank Stock, at cost 24,454      
Loans held for sale 72,648      
Loans and leases 4,562,681      
Allowance for credit losses (48,977)      
Accrued interest receivable 35,279      
Premises, furniture, and equipment, net 38,263      
Rental equipment, net 206,754      
Goodwill and intangible assets 313,074      
Other assets 308,679      
Total assets 7,622,342      
LIABILITIES        
Deposits 6,518,953      
Short-term borrowings 0      
Long-term borrowings 33,380      
Accrued expenses and other liabilities 293,579      
Total liabilities 6,845,912      
STOCKHOLDERS’ EQUITY        
Preferred stock, 3,000,000 shares authorized, no shares issued, none outstanding at December 31, 2024 and September 30, 2024, respectively 0      
Additional paid-in capital 640,422      
Retained earnings 332,322      
Accumulated other comprehensive loss (190,917)      
Treasury stock, at cost, 3,769 and 41,980 common shares at September 30, 2024 and 2023, respectively (4,882)      
Total equity attributable to parent 777,186      
Noncontrolling interest (756)      
Total stockholders’ equity 776,430      
Total liabilities and stockholders’ equity 7,622,342      
Restatement Adjustment        
ASSETS        
Cash and cash equivalents 0      
Securities available for sale, at fair value 0      
Securities held to maturity, at amortized cost (fair value $27,431 and $30,236, respectively) 0      
Federal Reserve Bank and Federal Home Loan Bank Stock, at cost 0      
Loans held for sale 0      
Loans and leases 0      
Allowance for credit losses (25,360)      
Accrued interest receivable 0      
Premises, furniture, and equipment, net 0      
Rental equipment, net 0      
Goodwill and intangible assets 0      
Other assets 6,443      
Total assets (18,917)      
LIABILITIES        
Deposits 0      
Short-term borrowings 0      
Long-term borrowings 0      
Accrued expenses and other liabilities (41)      
Total liabilities (41)      
STOCKHOLDERS’ EQUITY        
Preferred stock, 3,000,000 shares authorized, no shares issued, none outstanding at December 31, 2024 and September 30, 2024, respectively 0      
Additional paid-in capital 0      
Retained earnings (18,876)      
Accumulated other comprehensive loss 0      
Treasury stock, at cost, 3,769 and 41,980 common shares at September 30, 2024 and 2023, respectively 0      
Total equity attributable to parent (18,876)      
Noncontrolling interest 0      
Total stockholders’ equity (18,876)      
Total liabilities and stockholders’ equity $ (18,917)      
Common Stock        
STOCKHOLDERS’ EQUITY        
Preferred stock, shares authorized (in shares) 90,000,000      
Common stock $ 241 $ 248    
Common stock, par value (in dollars per share) $ 0.01 $ 0.01    
Common stock, shares authorized (in shares) 90,000,000 90,000,000    
Common stock, shares issued (in shares) 24,189,631 24,851,122    
Common stock, shares outstanding (in shares) 24,119,416 24,847,353    
Common Stock | As Previously Reported on Form 10-Q        
STOCKHOLDERS’ EQUITY        
Common stock $ 241      
Common Stock | Restatement Adjustment        
STOCKHOLDERS’ EQUITY        
Common stock 0      
Common Stock, Nonvoting        
STOCKHOLDERS’ EQUITY        
Common stock $ 0 $ 0    
Common stock, par value (in dollars per share) $ 0.01 $ 0.01    
Common stock, shares authorized (in shares) 3,000,000 3,000,000    
Common stock, shares issued (in shares) 0 0    
Common stock, shares outstanding (in shares) 0 0    
Common Stock, Nonvoting | As Previously Reported on Form 10-Q        
STOCKHOLDERS’ EQUITY        
Common stock $ 0      
Common Stock, Nonvoting | Restatement Adjustment        
STOCKHOLDERS’ EQUITY        
Common stock $ 0