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Consolidated Statements Of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
INTEREST AND DIVIDEND INCOME:        
Loans receivable $ 71,434 $ 64,893 $ 213,863 $ 193,276
Mortgage-backed securities (MBS) 6,613 5,921 19,437 16,563
FHLB stock 1,865 2,819 5,667 9,115
Investment securities 1,835 1,307 4,781 3,395
Cash and cash equivalents 464 7,221 2,921 22,230
Total interest and dividend income 82,211 82,161 246,669 244,579
INTEREST EXPENSE:        
Deposits 16,909 13,587 48,730 38,028
FHLB borrowings 12,981 18,501 39,036 55,190
Other borrowings 640 640 2,324 2,665
Total interest expense 30,530 32,728 90,090 95,883
NET INTEREST INCOME 51,681 49,433 156,579 148,696
PROVISION FOR CREDIT LOSSES 450 0 450 0
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES 51,231 49,433 156,129 148,696
NON-INTEREST INCOME:        
Deposit service fees     12,400  
Income from bank-owned life insurance (BOLI) 590 510 1,812 1,320
Other non-interest income 1,953 999 4,706 3,345
Total non-interest income 5,674 5,424 16,099 16,215
NON-INTEREST EXPENSE:        
Salaries and employee benefits 13,454 11,936 39,205 33,631
Information technology and related expense 4,652 3,363 13,535 10,316
Occupancy, net 3,224 2,787 9,768 8,391
Regulatory and outside services 1,425 1,628 4,247 3,919
Advertising and promotional 1,447 1,490 3,597 3,512
Office supplies and related expense 689 455 1,884 1,339
Deposit and loan transaction costs 681 1,437 1,882 4,157
Federal insurance premium 600 813 1,787 2,512
Other non-interest expense 1,519 602 4,709 2,368
Total non-interest expense 27,691 24,511 80,614 70,145
INCOME BEFORE INCOME TAX EXPENSE 29,214 30,346 91,614 94,766
INCOME TAX EXPENSE 6,317 7,974 19,780 17,228
NET INCOME $ 22,897 $ 22,372 $ 71,834 $ 77,538
Basic earnings per share (EPS) $ 0.17 $ 0.17 $ 0.52 $ 0.58
Diluted EPS $ 0.17 $ 0.17 $ 0.52 $ 0.58
Basic weighted average common shares 137,720,480 134,484,240 137,635,099 134,428,280
Diluted weighted average common shares 137,787,528 134,529,953 137,690,434 134,490,555
Deposit Account [Member]        
NON-INTEREST INCOME:        
Deposit service fees $ 3,131 $ 3,915 $ 9,581 $ 11,550