XML 75 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements Of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2012
INTEREST AND DIVIDEND INCOME:      
Loans receivable $ 229,944 $ 228,455 $ 236,225
Mortgage-backed securities (MBS) 45,300 55,424 71,156
Investment securities 7,385 10,012 15,944
FHLB stock 6,555 4,515 4,446
Cash and cash equivalents 1,062 148 280
Total interest and dividend income 290,246 298,554 328,051
INTEREST EXPENSE:      
FHLB borrowings 63,217 70,816 82,044
Deposits 32,604 36,816 46,170
Repurchase agreements 10,282 12,762 14,956
Total interest expense 106,103 120,394 143,170
NET INTEREST INCOME 184,143 178,160 184,881
PROVISION FOR CREDIT LOSSES 1,409 (1,067) 2,040
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES 182,734 179,227 182,841
NON-INTEREST INCOME:      
Retail fees and charges 14,937 15,342 15,915
Insurance commissions 3,151 2,925 2,772
Loan fees 1,568 1,727 2,113
Income from bank-owned life insurance (BOLI) 1,993 1,483 1,478
Other non-interest income 1,306 1,812 1,955
Total non-interest income 22,955 23,289 24,233
NON-INTEREST EXPENSE:      
Salaries and employee benefits 43,757 49,152 44,235
Occupancy 10,268 9,871 8,751
Information technology and communications 9,429 8,855 7,583
Regulatory and outside services 5,572 5,874 5,291
Deposit and loan transaction costs 5,329 5,547 5,381
Federal insurance premium 4,536 4,462 4,444
Advertising and promotional 4,195 5,027 3,931
Other non-interest expense 7,451 8,159 11,459
Total non-interest expense 90,537 96,947 91,075
INCOME BEFORE INCOME TAX EXPENSE 115,152 105,569 115,999
INCOME TAX EXPENSE 37,458 36,229 41,486
NET INCOME $ 77,694 $ 69,340 $ 74,513
Basic earnings per share $ 0.56 $ 0.48 $ 0.47
Diluted earnings per share $ 0.56 $ 0.48 $ 0.47
Dividends declared per share $ 0.98 $ 1.00 $ 0.40