Segment Reporting (Tables)

6 Months Ended

Mar. 31, 2021

Segment Reporting

Schedule of sum of the segment amounts and consolidated totals

	Core		SBA		Mortgage				Consolidated
	Banking		Lending		Banking		Other		Totals
	(In thousands)
Three Months Ended March 31, 2021:
Net interest income (loss)	$	11,422	$	3,227	$	439	$	(308)	$	14,780
Provision for loan losses		106		181		—		—		287
Net interest income (loss) after provision		11,316		3,046		439		(308)		14,493
Net gains on sales of loans, SBA		—		3,239		—		—		3,239
Mortgage banking income		2		—		32,396		—		32,398
Noninterest income		1,490		3,407		34,076		—		38,973
Noninterest expense (income)		9,224		2,449		27,844		(233)		39,284
Income (loss) before taxes		3,582		4,004		6,671		(75)		14,182
Income tax expense (benefit)		633		1,005		2,183		(126)		3,695
Segment profit		2,949		2,999		4,488		51		10,487
Non cash items:
Depreciation and amortization		493		12		62		17		584
Segment assets at March 31, 2021		1,489,670		257,566		246,144		(242,771)		1,750,609

	Core		SBA		Mortgage				Consolidated
	Banking		Lending		Banking		Other		Totals
	(In thousands)
Six Months Ended March 31, 2021:
Net interest income (loss)	$	22,587	$	5,374	$	1,170	$	(612)	$	28,519
Provision for loan losses		808		147		—		—		955
Net interest income (loss) after provision		21,779		5,227		1,170		(612)		27,564
Net gains on sales of loans, SBA		—		4,506		—		—		4,506
Mortgage banking income		—		—		74,698		—		74,698
Noninterest income		3,042		4,792		77,322		—		85,156
Noninterest expense (income)		17,510		5,195		61,388		(407)		83,686
Income (loss) before taxes		7,311		4,824		17,104		(205)		29,034
Income tax expense (benefit)		1,322		1,110		6,035		(245)		8,222
Segment profit		5,989		3,714		11,069		40		20,812
Non cash items:
Depreciation and amortization		954		23		121		34		1,132
Segment assets at March 31, 2021		1,489,670		257,566		246,144		(242,771)		1,750,609

	Core		SBA		Mortgage				Consolidated
	Banking		Lending		Banking		Other		Totals
	(In thousands)
Three Months Ended March 31, 2020:
Net interest income (loss)	$	9,335	$	1,151	$	585	$	(300)	$	10,771
Provision for loan losses		216		1,489		—		—		1,705
Net interest income (loss) after provision		9,119		(338)		585		(300)		9,066
Net gains on sales of loans, SBA		—		1,229		—		—		1,229
Mortgage banking income		3		—		8,408		—		8,411
Noninterest income		1,411		1,209		8,513		—		11,133
Noninterest expense (income)		6,809		1,841		13,514		(89)		22,075
Income (loss) before taxes		3,721		(970)		(4,416)		(211)		(1,876)
Income tax expense (benefit)		801		(124)		(1,241)		(210)		(774)
Segment profit (loss)		2,920		(846)		(3,175)		(1)		(1,102)
Non cash items:
Depreciation and amortization		279		14		42		17		352
Segment assets at March 31, 2020		1,197,685		106,296		161,134		(96,863)		1,368,252

	Core		SBA		Mortgage				Consolidated
	Banking		Lending		Banking		Other		Totals
	(In thousands)
Six Months Ended March 31, 2020:
Net interest income (loss)	$	18,644	$	2,368	$	1,142	$	(597)	$	21,557
Provision for loan losses		736		1,474		—		—		2,210
Net interest income (loss) after provision		17,908		894		1,142		(597)		19,347
Net gains on sales of loans, SBA		—		1,990		—		—		1,990
Mortgage banking income		4		—		24,330		—		24,334
Noninterest income		2,802		2,138		24,425		—		29,365
Noninterest expense (income)		14,002		3,666		28,852		(173)		46,347
Income (loss) before taxes		6,708		(634)		(3,285)		(424)		2,365
Income tax expense (benefit)		1,317		(81)		(976)		(396)		(136)
Segment profit (loss)		5,391		(553)		(2,309)		(28)		2,501
Non cash items:
Depreciation and amortization		621		27		79		34		761
Segment assets at March 31, 2020		1,197,685		106,296		161,134		(96,863)		1,368,252