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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash flows from operating activities    
Net income $ 14,541 $ 11,701
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 0 2,200
Depreciation 781 748
Deferred income taxes 51 0
Accretion of discount on purchased loans (207) (253)
Amortization of CDI 181 203
Stock option compensation expense 92 92
Net recoveries on investment securities (8) (106)
Change in fair value of investments in equity securities 20 (11)
Accretion of discounts and premiums on securities (16) (88)
Gain on sales of OREO and other repossessed assets, net (92) (39)
Provision for OREO losses 0 25
Gain on sales of loans, net (3,760) (1,688)
Gain on sales/disposition of premises and equipment, net 0 102
Loans originated for sale (85,313) (60,097)
Proceeds from sales of loans 85,127 62,058
Amortization of servicing rights 529 383
Valuation adjustment on servicing rights (202) 23
BOLI net earnings (295) (294)
Increase (decrease) in deferred loan origination fees 563 (104)
Net change in accrued interest receivable and other assets, and other liabilities and accrued expenses (1,826) 545
Net cash provided by operating activities 10,166 15,196
Cash flows from investing activities    
Net decrease (increase) in CDs held for investment 25,871 (4,126)
Purchase of investment securities held to maturity (15,050) (9,755)
Purchase of investment securities available for sale (16,383) (21,521)
Proceeds from maturities and prepayments of investment securities held to maturity 6,589 4,412
Proceeds from maturities and prepayments of investment securities available for sale 5,093 2,266
Purchase of FHLB stock (381) (485)
Increase in loans receivable, net (17,164) (22,838)
Additions to premises and equipment (509) (1,195)
Proceeds from sales of premises and equipment 0 307
Proceeds from sales of OREO and other repossessed assets 985 74
Net cash used in investing activities (10,949) (52,861)
Cash flows from financing activities    
Net increase in deposits 123,453 57,421
FHLB borrowings 0 10,000
Proceeds from exercise of stock options 519 374
Repurchase of common stock (58) (1,238)
Payment of dividends (4,241) (3,759)
Net cash provided by financing activities 119,673 62,798
Net increase in cash and cash equivalents 118,890 25,133
Cash and cash equivalents, at beginning of period 314,452 [1] 143,015
Cash and cash equivalents, at end of period 433,342 168,148
Supplemental disclosure of cash flow information    
Income taxes paid 2,688 1,988
Interest paid 1,818 2,416
Supplemental disclosure of non-cash investing activities    
Other comprehensive income (loss) related to investment securities 60 (229)
Operating lease liabilities arising from recording of ROU assets $ 0 $ 2,889 [1]
[1] Derived from audited consolidated financial statements.