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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2017
Interest and dividend income:      
Loans and leases, including fees $ 274,528 $ 98,475 $ 52,117
Mortgage-backed securities 11,390 15,479 16,571
Other investments 39,811 44,580 39,415
Total interest and dividend income 325,729 158,534 108,103
Interest expense:      
Deposits 46,648 15,163 6,051
FHLB advances and other borrowings 14,874 12,822 8,822
Total interest expense 61,522 27,985 14,873
Net interest income 264,207 130,549 93,230
Provision for loan and lease losses 55,650 29,432 10,589
Net interest income after provision for loan and lease losses 208,557 101,117 82,641
Noninterest income:      
Gain (loss) on sale of securities available-for-sale, net (Includes $729, ($8,177), and ($493) reclassified from accumulated other comprehensive income (loss) for net gain (loss) on available for sale securities for the fiscal years ended September 30, 2019, 2018 and 2017, respectively) 729 (8,177) (493)
Gain on sale of loans and leases 5,244 355 0
Loss on foreclosed real estate (278) (19) (6)
Other income 6,013 1,494 261
Total noninterest income 222,545 184,525 172,172
Noninterest expense:      
Compensation and benefits 155,811 109,044 88,728
Refund transfer product expense 7,526 11,750 11,885
Tax advance product expense 3,102 1,817 3,241
Card processing 23,677 26,283 24,130
Occupancy and equipment 28,071 19,740 16,465
Operating lease equipment depreciation 26,181 5,386 0
Legal and consulting 17,310 15,064 8,384
Marketing 1,471 1,226 1,449
Data processing 2,688 2,674 2,117
Intangible amortization 17,711 9,641 12,362
Impairment of Intangible Assets (Excluding Goodwill) 9,660 18 10,248
Other expense 39,952 25,589 20,654
Total noninterest expense 333,160 228,232 199,663
Income before income tax expense 97,942 57,410 55,150
Income tax (benefit) expense (Includes $184, ($2,330), and ($185) reclassified from accumulated other comprehensive income (loss) for the fiscal years ended September 30, 2019, 2018 and 2017, respectively) (3,374) 5,117 10,233
Net income before noncontrolling interest 101,316 52,293 44,917
Net income attributable to noncontrolling interest 4,312 673 0
Net income attributable to parent $ 97,004 $ 51,620 $ 44,917
Earnings per common share:      
Basic (in dollars per share) $ 2.49 $ 1.68 $ 1.62
Diluted (in dollars per share) $ 2.49 $ 1.67 $ 1.61
Refund transfer product fees      
Noninterest income:      
Noninterest income: $ 39,198 $ 41,879 $ 38,956
Tax advance product fees      
Noninterest income:      
Noninterest income: 34,687 35,703 31,913
Total noninterest income 34,687    
Card fees      
Noninterest income:      
Noninterest income: 79,982 94,446 94,707
Total noninterest income 79,982    
Rental income      
Noninterest income:      
Noninterest income: 41,053 7,333 0
Total noninterest income 41,053    
Loan and lease fees      
Noninterest income:      
Noninterest income: 4,292 4,470 3,882
Bank-owned life insurance      
Noninterest income:      
Noninterest income: 2,535 2,590 2,216
Deposit fees      
Noninterest income:      
Noninterest income: $ 9,090 $ 4,451 $ 736