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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash flows from operating activities    
Net income $ 21,565 $ 17,912
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 0 3,200
Depreciation 1,174 1,163
Deferred income taxes 57 0
Accretion of discount on purchased loans (291) (423)
Amortization of CDI 271 304
Earned ESOP shares 0 31
Stock option compensation expense 139 138
Net recoveries on investment securities (14) (113)
Change in fair value of investments in equity securities 17 (19)
Accretion of discounts and premiums on securities 49 138
Gain on sales of OREO and other repossessed assets, net (92) (33)
Provision for OREO losses 0 25
Gain on sales of loans, net (5,367) (3,829)
Gain on sales/disposition of premises and equipment, net 0 98
Loans originated for sale (119,669) (114,073)
Proceeds from sales of loans 126,186 114,136
Amortization of loan servicing rights 817 599
Valuation adjustment on servicing rights (23) 23
BOLI net earnings (445) (442)
Increase (decrease) in deferred loan origination fees (97) 3,925
Net change in accrued interest receivable and other assets, and other liabilities and accrued expenses (1,552) (1,115)
Net cash provided by operating activities 22,725 21,449
Cash flows from investing activities    
Net decrease in CDs held for investment 34,327 6,332
Purchase of investment securities held to maturity (33,797) (9,754)
Purchase of investment securities available for sale (18,698) (23,366)
Proceeds from maturities and prepayments of investment securities held to maturity 9,524 10,480
Proceeds from maturities and prepayments of investment securities available for sale 9,013 3,856
Purchase of FHLB stock (181) (485)
Decrease (increase) in loans receivable, net 12,698 (132,799)
Additions to premises and equipment (658) (1,661)
Proceeds from sales of premises and equipment 0 307
Proceeds from sales of OREO and other repossessed assets 985 225
Net cash provided by (used in) investing activities 13,213 (146,865)
Cash flows from financing activities    
Net increase in deposits 164,246 250,313
Proceeds from (repayments of) FHLB borrowings (5,000)  
Proceeds from (repayments of) FHLB borrowings   10,000
Proceeds from exercise of stock options 616 391
Repurchase of common stock (527) (1,238)
Payment of dividends (5,999) (5,421)
Net cash provided by financing activities 153,336 254,045
Net increase in cash and cash equivalents 189,274 128,629
Cash and cash equivalents, at beginning of period 314,452 [1] 143,015
Cash and cash equivalents, at end of period 503,726 271,644
Supplemental disclosure of cash flow information    
Income taxes paid 4,642 5,165
Interest paid 2,554 3,648
Supplemental disclosure of non-cash investing activities    
Other comprehensive income (loss) related to investment securities 68 (74)
Operating lease liabilities arising from recording of ROU assets $ 0 $ 2,889 [1]
[1] Derived from audited consolidated financial statements.