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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2018
Operating activities      
Net (loss) income $ (680,808) $ 167,365 $ 157,916
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 26,354 13,655 13,093
Amortization of FDIC indemnification asset 1,012 1,386 2,778
Net loss on sale of securities and other assets 2,851 2,825 5,731
Net gain on sale of loans (9,910) (5,680) (6,829)
Provision for loan and lease losses 118,392 40,947 17,986
Goodwill and intangible assets impairment 742,352 0 0
Provision for (reversal of) loan servicing rights loss 9 (4) (73)
Stock-based compensation 3,705 4,582 4,419
Originations of residential real estate loans held for sale (501,947) (289,973) (264,514)
Proceeds from sales of residential real estate loans held for sale 506,837 293,758 273,343
Net deferred income taxes (47,754) 8,124 21,302
Changes in:      
Accrued interest receivable 4,040 249 (5,772)
Other assets (77,271) (48,524) (34,209)
Accrued interest payable and other liabilities (5,398) 2,949 (2,742)
Net cash provided by operating activities 82,464 191,659 182,429
Investing activities      
Purchase of securities available for sale (677,873) (774,707) (334,900)
Proceeds from sales of securities available for sale 151,899 175,007 24,971
Proceeds from maturities of securities available for sale 564,123 257,201 254,985
Net increase in loans (426,156) (348,479) (490,804)
Payment of covered losses from FDIC indemnification claims (47) (14) (770)
Purchase of premises and equipment (6,108) (15,643) (13,878)
Proceeds from sale of premises and equipment 44 606 4,599
Proceeds from sale of repossessed property 20,392 9,981 7,468
Purchase of FHLB stock (113,437) (89,948) (64,172)
Proceeds from redemption of FHLB stock 122,483 87,528 79,190
Net cash paid in business acquisition (4,711) 0 0
Net cash used in investing activities (369,391) (698,468) (533,311)
Financing activities      
Net increase in deposits 708,563 567,004 756,145
Net decrease in securities sold under agreements to repurchase and other short-term borrowings (3,486) (21,915) (41,729)
Proceeds from FHLB advances and other long-term borrowings 755,000 810,000 150,000
Repayments on FHLB advances and other long-term borrowings (900,000) (745,000) (518,200)
Common stock repurchased (39,983) (94,351) 0
Taxes paid related to net share settlement of equity awards (1,298) (1,247) (4,032)
Dividends paid (42,456) (62,904) (53,002)
Net cash provided by financing activities 476,340 451,587 289,182
Net increase (decrease) in cash and cash equivalents 189,413 (55,222) (61,700)
Cash and cash equivalents, beginning of period 243,474 298,696 360,396
Cash and cash equivalents, end of period 432,887 243,474 298,696
Supplemental disclosure of cash flow information      
Cash payments for interest 85,151 114,891 69,633
Cash payments for income taxes 29,405 46,884 50,020
Supplemental disclosure of noncash investing and financing activities      
Loans transferred to repossessed properties $ (14,088) $ (25,668) $ (25,926)