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Subordinated Debentures and Subordinated Notes Payable (Tables)
12 Months Ended
Sep. 30, 2016
Debt Disclosure [Abstract]  
Summary of subordinated debentures and subordinated notes payable
Subordinated debentures and subordinated notes payable are summarized as follows:
 
September 30, 2016
 
September 30, 2015
 
Amount outstanding
 
Common Shares Held in Other Assets
 
Amount outstanding
 
Common Shares Held in Other Assets
 
(dollars in thousands)
Junior subordinated debentures payable to nonconsolidated trusts
 
GW Statutory Trust IV, variable rate of 2.85%, plus 3 month LIBOR
$
23,093

 
$
693

 
$
23,093

 
$
693

GW Statutory Trust VI, variable rate of 1.48%, plus 3 month LIBOR
30,928

 
928

 
30,928

 
928

SSB Trust II, variable rate of 1.85%, plus 3 month LIBOR
2,062

 
62

 
2,062

 
62

HF Capital Trust III, variable rate of 3.35%, plus 3 month LIBOR
5,155

 
155

 

 

HF Capital Trust IV, variable rate of 3.10%, plus 3 month LIBOR
7,217

 
217

 

 

HF Capital Trust V, variable rate of 1.83%, plus 3 month LIBOR
10,310

 
310

 

 

HF Capital Trust VI, variable rate of 1.65%, plus 3 month LIBOR
2,155

 
155

 

 

Total junior subordinated debentures payable
80,920

 
$
2,520

 
56,083

 
$
1,683

Less: fair value adjustment (1)
(3,765
)
 
 
 

 
 
Total junior subordinated debentures payable, net of fair value adjustment
77,155

 
 
 
56,083

 
 
 
 
 
 
 
 
 
 
Subordinated notes payable
 
 
 
 
 
 
 
Fixed to floating rate, 4.875% per annum
35,000

 
 
 
35,000

 
 
Less: unamortized debt issuance costs
(282
)
 
 
 
(356
)
 
 
Total subordinated notes payable
34,718

 
 
 
34,644

 
 
Total subordinated debentures and subordinated notes payable
$
111,873

 
 
 
$
90,727

 
 
 
 
 
 
 
 
 
 
(1) Adjustment reflects the fair value adjustments related to the junior subordinated deferrable interest debentures assumed as part of the HF Financial acquisition.