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Consolidated Statements Of Income - 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 receivable $ 66,652 $ 71,434 $ 206,179 $ 213,863
Mortgage-backed securities ("MBS") 5,616 6,613 17,584 19,437
FHLB stock 1,207 1,865 4,747 5,667
Investment securities 847 1,835 3,736 4,781
Cash and cash equivalents 59 464 1,126 2,921
Total interest and dividend income 74,381 82,211 233,372 246,669
INTEREST EXPENSE:        
Deposits 16,533 16,909 52,299 48,730
Borrowings 11,561 13,621 37,421 41,360
Total interest expense 28,094 30,530 89,720 90,090
NET INTEREST INCOME 46,287 51,681 143,652 156,579
PROVISION FOR CREDIT LOSSES 0 450 22,300 450
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES 46,287 51,231 121,352 156,129
NON-INTEREST INCOME:        
Revenue from contracts with customers     10,900 12,400
Other non-interest income 1,229 1,638 4,468 4,446
Total non-interest income 4,439 5,674 14,614 16,099
NON-INTEREST EXPENSE:        
Salaries and employee benefits 13,059 13,454 39,765 39,205
Information technology and related expense 4,285 4,652 12,694 13,535
Occupancy, net 3,556 3,224 10,212 9,768
Regulatory and outside services 1,548 1,425 4,188 4,247
Advertising and promotional 1,004 1,447 3,773 3,597
Deposit and loan transaction costs 697 681 2,086 1,882
Office supplies and related expense 475 689 1,586 1,884
Federal insurance premium 287 600 287 1,787
Other non-interest expense 1,253 1,519 4,237 4,709
Total non-interest expense 26,164 27,691 78,828 80,614
INCOME BEFORE INCOME TAX EXPENSE 24,562 29,214 57,138 91,614
INCOME TAX EXPENSE 5,088 6,317 10,877 19,780
NET INCOME $ 19,474 $ 22,897 $ 46,261 $ 71,834
Basic earnings per share ("EPS") $ 0.14 $ 0.17 $ 0.34 $ 0.52
Diluted EPS $ 0.14 $ 0.17 $ 0.34 $ 0.52
Basic weighted average common shares 138,018,052 137,720,480 137,961,231 137,635,099
Diluted weighted average common shares 138,018,052 137,787,528 137,992,978 137,690,434
Deposit service fees [Member]        
NON-INTEREST INCOME:        
Revenue from contracts with customers $ 2,539 $ 3,131 $ 8,384 $ 9,581
Insurance commissions [Member]        
NON-INTEREST INCOME:        
Revenue from contracts with customers $ 671 $ 905 $ 1,762 $ 2,072