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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income $ 64,540 $ 94,243 $ 98,927
Adjustments to reconcile net income to net cash provided by operating activities:      
FHLB stock dividends (5,827) (7,823) (10,962)
Provision for credit losses 22,300 750 0
Originations of loans receivable held-for-sale ("LHFS") 0 0 (777)
Proceeds from sales of LHFS 0 0 16,423
Amortization and accretion of premiums and discounts on securities 1,661 1,242 3,150
Depreciation and amortization of premises and equipment 9,133 9,143 8,458
Amortization of intangible assets 1,964 2,316 234
Amortization of deferred amounts related to FHLB advances, net 539 8 1,173
Common stock committed to be released for allocation - ESOP 1,988 2,200 2,193
Stock-based compensation 570 552 372
Provision for deferred income taxes (5,588) (361) (4,540)
Changes in:      
Unrestricted cash collateral (provided to)/received from derivative counterparties, net 0 (9,970) 10,701
Other assets, net 9,105 6,220 1,712
Income taxes payable/receivable, net 774 2,173 (2,262)
Accounts payable and accrued expenses (8,231) (19,746) (639)
Net cash provided by operating activities 92,928 80,947 124,163
CASH FLOWS FROM INVESTING ACTIVITIES:      
Purchase of AFS securities (1,007,763) (386,702) (411,459)
Proceeds from calls, maturities and principal reductions of AFS securities 667,952 359,551 192,966
Proceeds from calls, maturities and principal reductions of HTM securities 0 165,336 212,267
Proceeds from sale of AFS securities 0 0 2,078
Proceeds from the redemption of FHLB stock 10,421 197,054 291,506
Purchase of FHLB stock 0 (187,961) (277,552)
Net change in loans receivable 191,359 95,358 (37,537)
Purchase of premises and equipment (14,742) (11,732) (11,761)
Proceeds from sale of other real estate owned ("OREO") 993 2,053 2,240
Cash acquired from acquisition 0 0 15,685
Proceeds from the redemption of common equity securities related to the redemption of junior subordinated debentures 0 302 0
Proceeds from bank-owned life insurance ("BOLI") death benefit 490 0 0
Net cash (used in) provided by investing activities (151,290) 233,259 (21,567)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Cash dividends paid (93,862) (134,929) (118,312)
Net change in deposits 609,541 (21,487) (58,988)
Proceeds from borrowings 1,665,600 5,518,700 17,275,100
Repayments on borrowings (2,112,600) (5,563,752) (17,414,200)
Change in advance payments by borrowers for taxes and insurance 35 422 939
Payment of FHLB prepayment penalties (4,215) 0 0
Repurchase of common stock (20,767) 0 0
Stock options exercised 638 1,485 261
Net cash provided by (used in) financing activities 44,370 (199,561) (315,200)
NET (DECREASE) INCREASE IN CASH, CASH EQUIVALENTS, RESTRICTED CASH AND RESTRICTED CASH EQUIVALENTS (13,992) 114,645 (212,604)
CASH, CASH EQUIVALENTS, RESTRICTED CASH AND RESTRICTED CASH EQUIVALENTS:      
Beginning of year 253,700 139,055 351,659
End of year 239,708 253,700 139,055
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:      
Income tax payments 13,045 17,779 24,785
Interest payments 118,610 123,508 119,699
SUPPLEMENTAL DISCLOSURE OF NONCASH INVESTING AND FINANCING ACTIVITIES:      
Loans transferred to LHFS 0 0 15,814
Operating lease right-of-use assets obtained 16,841 0 0
Operating lease liabilities obtained 16,726 0 0
Common stock issued 0 0 39,113
Fair value of assets acquired, excluding acquired cash and intangibles 0 0 418,062
Fair value of liabilities assumed 0 0 412,675
Transfer of HTM securities, at amortized cost, to AFS securities $ 0 $ 444,732 $ 0