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Consolidated Statements Of Income (unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
INTEREST AND DIVIDEND INCOME:        
Loans, including fees $ 106,839 $ 115,129 $ 337,267 $ 341,926
Investment securities available for sale 2,397 3,389 8,172 10,007
Other interest and dividend earning assets 722 2,525 4,097 7,841
Total interest and dividend income 109,958 121,043 349,536 359,774
INTEREST EXPENSE:        
Deposits 33,064 37,159 108,863 104,998
Borrowed funds 14,015 18,366 48,571 53,685
Total interest expense 47,079 55,525 157,434 158,683
NET INTEREST INCOME 62,879 65,518 192,102 201,091
PROVISION (CREDIT) FOR LOAN LOSSES 0 (2,000) 3,000 (8,000)
NET INTEREST INCOME AFTER PROVISION (CREDIT) FOR LOAN LOSSES 62,879 67,518 189,102 209,091
NON-INTEREST INCOME:        
Net gain on the sale of loans 10,844 543 16,907 1,105
Increase in and death benefits from bank owned life insurance contracts 1,559 1,703 5,581 5,124
Other 749 1,064 7,276 3,092
Total non-interest income 15,322 5,083 36,199 14,665
NON-INTEREST EXPENSE:        
Salaries and employee benefits 24,940 26,149 78,041 77,665
Marketing services 3,673 6,063 12,163 17,579
Office property, equipment and software 5,877 6,806 18,857 20,053
Federal insurance premium and assessments 2,800 2,669 8,187 7,805
State franchise tax 1,191 1,265 3,514 3,809
Other expenses 6,352 6,916 20,949 21,664
Total non-interest expense 44,833 49,868 141,711 148,575
INCOME BEFORE INCOME TAXES 33,368 22,733 83,590 75,181
INCOME TAX EXPENSE 6,528 4,476 13,851 16,461
NET INCOME $ 26,840 $ 18,257 $ 69,739 $ 58,720
Earnings per share—basic and diluted $ 0.10 $ 0.06 $ 0.25 $ 0.21
Weighted average shares outstanding        
Basic 275,956,011 275,384,635 275,789,040 275,373,426
Diluted 277,521,881 277,398,486 277,842,653 277,269,555
Banking        
NON-INTEREST INCOME:        
Fees and service charges, net of amortization $ 2,170 $ 1,773 $ 6,435 $ 5,344