XML 20 R8.htm IDEA: XBRL DOCUMENT v3.26.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash flows from operating activities:    
Net income before noncontrolling interest $ 108,526 $ 105,359
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 26,108 30,330
Provision for credit loss 48,846 53,927
Provision for deferred taxes 4,311 11,919
Originations of loans held for sale (1,796,444) (1,377,073)
Proceeds from sales of loans held for sale 1,960,041 1,146,702
Net change in loans held for sale 18,573 266,707
Net realized (gain) on loans held for sale (7,731) (19,755)
Net realized loss on securities available for sale 0 22,899
Net realized (gain) on divestitures 0 (15,044)
Net realized (gain) on other (1,371) (1,614)
Impairment on rental equipment 0 1,514
Net change in accrued interest receivable 2,393 (5,696)
Net change in other assets 6,187 (15,137)
Net change in accrued expenses and other liabilities (34,969) (93,517)
Stock compensation 6,782 5,072
Net cash provided by operating activities 341,252 116,593
Cash flows from investing activities:    
Purchases of securities available for sale 0 (2,280)
Proceeds from sales of securities available for sale 0 217,883
Proceeds from maturities of and principal collected on securities available for sale 62,617 77,087
Proceeds from maturities of and principal collected on securities held to maturity 1,171 1,668
Purchases of Federal Reserve Bank and Federal Home Loan Bank stock (135,367) (138,834)
Redemption of Federal Reserve Bank and Federal Home Loan Bank stock 134,595 150,572
Purchases of loans and leases (53,267) (166,651)
Net change in loans and leases (127,613) (302,546)
Purchases of premises, furniture, and equipment (6,542) (5,668)
Purchases of rental equipment (86,416) (87,111)
Proceeds from sales of rental equipment 6,443 8,308
Net change in rental equipment 175 368
Proceeds from surrender of bank-owned life insurance 45,050 0
Proceeds from divestitures, net of transaction costs 0 608,455
Proceeds from sale of other assets 0 407
Proceeds from loans held for sale previously classified as portfolio loans 0 146,158
Net cash provided by (used in) investing activities (159,154) 507,816
Cash flows from financing activities:    
Net change in deposits (35,251) (43,802)
Net change in short-term borrowings 17,000 (377,000)
Dividends paid on common stock (2,202) (2,392)
Issuance of common stock due to restricted stock 1 0
Repurchases of common stock (123,615) (102,447)
Investment by (distributions to) noncontrolling interest (644) (817)
Net cash (used in) financing activities (144,711) (526,458)
Effect of exchange rate changes on cash (353) (2,039)
Net change in cash and cash equivalents 37,034 95,912
Cash and cash equivalents at beginning of fiscal year 120,568 158,337
Cash and cash equivalents at end of fiscal period 157,602 254,249
Supplemental disclosure of cash flow information:    
Interest 7,638 9,220
Income taxes 15,047 9,730
Franchise and other taxes 532 401
Supplemental schedule of non-cash investing activities:    
Held for sale to loans and leases 88 22,686
Loans and leases to held for sale 47,860 130,011
Loans and leases to rental equipment 3,707 2,588
Rental equipment to loan and leases 78,908 60,398
Retirement of treasury stock $ 4,882 $ 0