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Allowance for Loan and Lease Losses
 12 Months Ended
Sep. 30, 2020
Loans and Leases Receivable Disclosure [Abstract]  
Allowance for Loan and Lease Losses Allowance for Loan and Lease Losses
The following tables present the Company’s allowance for loan and lease losses roll forward for the fiscal years ended September 30, 2020, 2019 and 2018.
Fiscal Year Ended September 30, 2020Commercial Real EstateAgricultureCommercial Non-Real EstateResidential Real EstateConsumerOtherTotal
(dollars in thousands)
Beginning balance, October 1, 2019$16,827 $30,819 $17,567 $4,095 $427 $1,039 $70,774 
Charge-offs(5,181)(21,705)(14,178)(615)(87)(2,984)(44,750)
Recoveries1,395 2,189 1,018 453 78 338 5,471 
Provision71,474 15,980 23,192 3,827 467 3,264 118,204 
(Improvement) impairment of ASC 310-30 loans(19)(265)— 442 30 — 188 
Ending balance, September 30, 2020$84,496 $27,018 $27,599 $8,202 $915 $1,657 $149,887 

Fiscal Year Ended September 30, 2019Commercial Real EstateAgricultureCommercial Non-Real EstateResidential Real EstateConsumerOtherTotal
(dollars in thousands)
Beginning balance, October 1, 2018$16,777 $28,121 $13,610 $4,749 $257 $1,026 $64,540 
Charge-offs(1,511)(24,847)(7,895)(998)(452)(1,358)(37,061)
Recoveries567 385 392 468 174 362 2,348 
Provision1,514 27,160 11,431 (56)448 1,009 41,506 
(Improvement) impairment of ASC 310-30 loans(520)— 29 (68)— — (559)
Ending balance, September 30, 2019$16,827 $30,819 $17,567 $4,095 $427 $1,039 $70,774 

Fiscal Year Ended September 30, 2018Commercial Real EstateAgricultureCommercial Non-Real EstateResidential Real EstateConsumerOtherTotal
(dollars in thousands)
Beginning balance, October 1, 2017$16,941 $25,757 $14,114 $5,347 $329 $1,015 $63,503 
Charge-offs(3,925)(9,473)(3,813)(569)(192)(1,932)(19,904)
Recoveries533 332 994 337 141 618 2,955 
Provision3,231 11,355 2,315 (451)(21)1,325 17,754 
(Improvement) impairment of ASC 310-30 loans(3)150 — 85 — — 232 
Ending balance, September 30, 2018$16,777 $28,121 $13,610 $4,749 $257 $1,026 $64,540 
The following tables provide details regarding the allowance for loan and lease losses and balance by type of allowance as of September 30, 2020 and 2019. These tables are presented net of unamortized discount on acquired loans and excludes loans of $655.2 million measured at fair value, loans held for sale of $12.4 million, and guaranteed loans of $862.3 million for September 30, 2020; and loans measured at fair value of $813.0 million, loans held for sale of $7.4 million, and guaranteed loans of $145.9 million for September 30, 2019.
As of September 30, 2020Commercial Real EstateAgricultureCommercial Non-Real EstateResidential Real EstateConsumerOtherTotal
(dollars in thousands)
Allowance for loan and lease losses
Individually evaluated for impairment$25,087 $8,151 $7,822 $1,903 $30 $— $42,993 
Collectively evaluated for impairment59,268 18,867 19,748 5,805 855 1,657 106,200 
ASC 310-30 loans141 — 29 494 30 — 694 
Total allowance$84,496 $27,018 $27,599 $8,202 $915 $1,657 $149,887 
Financing Receivables
Individually evaluated for impairment$232,501 $361,786 $106,363 $12,213 $98 $— $712,961 
Collectively evaluated for impairment4,543,704 1,188,442 1,200,794 777,610 62,701 37,347 7,810,598 
ASC 310-30 loans20,928 2,969 192 25,570 292 — 49,951 
Loans Outstanding$4,797,133 $1,553,197 $1,307,349 $815,393 $63,091 $37,347 $8,573,510 
As of September 30, 2019Commercial Real EstateAgricultureCommercial Non-Real EstateResidential Real EstateConsumerOtherTotal
(dollars in thousands)
Allowance for loan and lease losses
Individually evaluated for impairment$4,159 $8,234 $6,062 $1,795 $97 $— $20,347 
Collectively evaluated for impairment12,509 22,320 11,476 2,188 330 1,039 49,862 
ASC 310-30 loans159 265 29 112 — — 565 
Total allowance$16,827 $30,819 $17,567 $4,095 $427 $1,039 $70,774 
Financing Receivables
Individually evaluated for impairment$54,275 $329,479 $42,910 $7,119 $208 $— $433,991 
Collectively evaluated for impairment4,418,611 1,501,164 1,480,949 763,645 51,112 47,541 8,263,022 
ASC 310-30 loans22,124 2,756 221 30,280 438 — 55,819 
Loans Outstanding$4,495,010 $1,833,399 $1,524,080 $801,044 $51,758 $47,541 $8,752,832 
For acquired loans not accounted for under ASC 310-30 (purchased non-impaired), the Company utilizes specific and collective reserve calculation methods similar to originated loans. The required ALLL for these loans is included in the individually evaluated for impairment bucket of the ALLL if the loan is rated substandard or worse, and in the collectively evaluated for impairment bucket for pass rated loans.
The Company maintains an ALLL for acquired loans accounted for under ASC 310-30 as a result of impairment to loan pools arising from the periodic re-valuation of these loans. Any impairment in the individual pool is generally recognized in the current period as provision for loan and lease losses. Any improvement in the estimated cash flows, is generally not recognized immediately, but is instead reflected as an adjustment to the related loan pools yield on a prospective basis once any previously recorded impairment has been recaptured.
The ALLL for ASC 310-30 loans totaled $0.7 million at September 30, 2020, compared to $0.6 million at September 30, 2019. During fiscal year 2020, loan pools accounted for under ASC 310-30 had a net impairment of $0.2 million, a net reversal of $0.6 million for fiscal year 2019 and a net impairment of $0.2 million for fiscal year 2018.
The reserve for unfunded loan commitments was $2.4 million and $0.5 million at September 30, 2020 and 2019, respectively, and is recorded in accrued expenses and other liabilities on the consolidated balance sheets.