Fair Value Of Financial Instruments (Tables)

3 Months Ended

Dec. 31, 2023

Schedule Of Fair Value Assets Measured On A Recurring Basis

The following tables provide the level of valuation assumption used to determine the carrying value of the Company's financial instruments measured at fair value on a recurring basis at the dates presented. The Company did not have any Level 3 financial instruments measured at fair value on a recurring basis at December 31, 2023 or September 30, 2023.


	December 31, 2023
			Quoted Prices		Significant		Significant
			in Active Markets		Other Observable		Unobservable
	Carrying		for Identical Assets		Inputs		Inputs
	Value		(Level 1)		(Level 2)		(Level 3)
	(Dollars in thousands)
Assets:
AFS Securities:
MBS	$	523,220	$	—	$	523,220	$	—
U.S. Treasury bills	213,758		213,758		—		—

Corporate bonds	3,484		—		3,484		—

	740,462		213,758		526,704		—
Interest rate swaps	6,487		—		6,487		—
	$	746,949	$	213,758	$	533,191	$	—


	September 30, 2023
			Quoted Prices		Significant		Significant
			in Active Markets		Other Observable		Unobservable
	Carrying		for Identical Assets		Inputs		Inputs
	Value		(Level 1)		(Level 2)		(Level 3)
	(Dollars in thousands)
Assets:
AFS Securities:
MBS	$	900,734	$	—	$	900,734	$	—
GSE debentures	479,428		—		479,428		—
Corporate bonds	3,378		—		3,378		—
Municipal bonds	942		—		942		—
	1,384,482		—		1,384,482		—
Interest rate swaps	13,018		—		13,018		—
	$	1,397,500	$	—	$	1,397,500	$	—

Schedule Of Carrying Amounts And Estimated Fair Values Of Financial Instruments

The carrying amounts and estimated fair values of the Company's financial instruments by fair value hierarchy, at the dates presented, were as follows:


	December 31, 2023
	Carrying		Estimated Fair Value
	Amount		Total		Level 1		Level 2		Level 3
	(Dollars in thousands)
Assets:
Cash and cash equivalents	$	320,357	$	320,357	$	320,357	$	—	$	—
AFS securities	740,462		740,462		213,758		526,704		—

Loans receivable	7,947,510		7,561,055		—		—		7,561,055

FHLB stock	110,166		110,166		110,166		—		—

Interest rate swaps	6,487		6,487		—		6,487		—
Liabilities:
Deposits	6,021,595		6,003,615		3,282,768		2,720,847		—
Borrowings	2,373,064		2,331,484		—		2,331,484		—



	September 30, 2023
	Carrying		Estimated Fair Value
	Amount		Total		Level 1		Level 2		Level 3
	(Dollars in thousands)
Assets:
Cash and cash equivalents	$	245,605	$	245,605	$	245,605	$	—	$	—
AFS securities	1,384,482		1,384,482		—		1,384,482		—

Loans receivable	7,970,949		7,358,462		—		—		7,358,462

FHLB stock	110,714		110,714		110,714		—		—

Interest rate swaps	13,018		13,018		—		13,018		—
Liabilities:
Deposits	6,051,220		6,004,975		3,321,028		2,683,947		—
Borrowings	2,879,125		2,802,849		—		2,802,849		—