CAPITAL REQUIREMENTS AND RESTRICTIONS ON RETAINED EARNINGS (Tables)

12 Months Ended

Sep. 30, 2022

CAPITAL REQUIREMENTS AND RESTRICTIONS ON RETAINED EARNINGS [Abstract]

Bank's Actual and Required Capital Amount and Ratios

The tables below include certain non-GAAP financial measures that are used by investors, analysts and bank regulatory agencies to assess the capital position of financial services companies. Management reviews these measures along with other measures of capital as part of its financial analyses and has included this non-GAAP financial information, and the corresponding reconciliation to total equity.

	Company		Bank		Minimum to be Adequately Capitalized Under Prompt Corrective Action Provisions		Minimum to be Well Capitalized Under Prompt Corrective Action Provisions
At September 30, 2022
Tier 1 leverage capital ratio	8.10	%	8.19	%	4.00	%	5.00	%
Common equity Tier 1 capital ratio	12.07		12.55		4.50		6.50
Tier 1 capital ratio	12.39		12.55		6.00		8.00
Total capital ratio	13.88		13.57		8.00		10.00
At September 30, 2021
Tier 1 leverage capital ratio	7.67	%	8.69	%	4.00	%	5.00	%
Common equity Tier 1 capital ratio	12.12		14.11		4.50		6.50
Tier 1 capital ratio	12.46		14.13		6.00		8.00
Total capital ratio	15.45		15.38		8.00		10.00

Reconciliation of Required Capital Amount and Ratios

The following table provides a reconciliation of the amounts included in the table above for the Company.

(Dollars in thousands)	Standardized Approach(1) September 30, 2022
Total stockholders' equity	$	645,140
Adjustments:
LESS: Goodwill, net of associated deferred tax liabilities	299,186
LESS: Certain other intangible assets	26,406
LESS: Net deferred tax assets from operating loss and tax credit carry-forwards	17,968
LESS: Net unrealized gains (losses) on available for sale securities	(211,600)
LESS: Noncontrolling interest	(30)
ADD: Adoption of Accounting Standards Update 2016-13	2,689
Common Equity Tier 1(1)	515,899
Long-term borrowings and other instruments qualifying as Tier 1	13,661
Tier 1 minority interest not included in common equity Tier 1 capital	(20)
Total Tier 1 capital	529,540
Allowance for credit losses	43,623
Subordinated debentures, net of issuance costs	20,000
Total capital	$	593,163

(1) Capital ratios were determined using the Basel III capital rules that became effective on January 1, 2015. Basel III revised the definition of capital, increased minimum capital ratios, and introduced a minimum common equity tier 1 capital ratio; those changes are being fully phased in through the end of 2021.

Reconciliation of Tangible Common Equity

The following table provides a reconciliation of tangible common equity and tangible common equity excluding AOCI, each of which is used in calculating tangible book value data, to total stockholders' equity. Each of tangible common equity and tangible common equity excluding AOCI is a non-GAAP financial measure that is commonly used within the banking industry.

(Dollars in thousands)	At September 30, 2022
Total stockholders' equity	$	645,140
LESS: Goodwill	309,505
LESS: Intangible assets	25,691
Tangible common equity	309,944
LESS: AOCI	(213,080)
Tangible common equity excluding AOCI	$	523,024