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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2020
Cash flows from operating activities:      
Net income before noncontrolling interest $ 159,354 $ 145,745 $ 109,344
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Depreciation, amortization and accretion, net 61,601 59,047 60,745
Provision for credit losses 28,538 49,766 64,776
Provision (reversal of) for deferred taxes 17,587 (1,639) (2,347)
Originations of loans held for sale (985,330) (601,481) (98,798)
Proceeds from sales of loans held for sale 1,059,361 890,340 319,123
Net change in loans held for sale 12,819 588 22,855
Fair value adjustment of foreclosed real estate 301 591 568
Net realized (gain) on securities available for sale, net (154) (6) (51)
Net realized (gain) loss on loans held for sale 3,694 (8,610) (5,389)
Net realized loss on premise, furniture, and equipment 55 0 0
Net realized (gain) on lease receivables and equipment (3,397) (2,257) (4,335)
Net realized (gain) on foreclosed real estate and repossessed assets 0 (4) 4,960
Net realized (gain) on divestitures 0 0 (19,275)
Net realized (gain) on trademarks (50,000) 0 0
Net realized (gain) loss on other assets 1,441 28 361
Change in bank-owned life insurance value (2,434) (2,434) (2,488)
Impairment on rental equipment 0 0 447
Impairment of intangibles 670 0 0
Impairment on assets held for sale 0 0 242
Net change in accrued interest receivable (1,725) 374 2,050
Net change in other assets (32,936) 825 1,524
Net change in deposits held for sale 0 0 1,535
Net change in accrued expenses and other liabilities (10,640) 43,920 1,152
Stock compensation 10,004 6,852 10,221
Net cash provided by operating activities 268,809 581,645 467,220
Cash flows from investing activities:      
Purchases of securities available for sale (907,361) (1,041,768) (229,326)
Proceeds from sales of securities available for sale 265,951 50,468 4,904
Proceeds from maturities of and principal collected on securities available for sale 324,234 371,898 237,254
Proceeds from maturities of and principal collected on securities held to maturity 14,281 34,268 40,017
Purchases of Federal Reserve Bank and Federal Home Loan Bank stock (173,653) (1,296) (472,000)
Redemption of Federal Reserve Bank and Federal Home Loan Bank stock 173,240 34 475,778
Purchases of loans and leases (115,353) (311,332) (151,435)
Proceeds from sales of loans and leases 123,241 13,850 9,991
Net change in loans and leases 358,635 (196,356) (100,508)
Purchases of premises, furniture, and equipment (8,177) (12,961) (12,266)
Proceeds from sales of premises, furniture, and equipment 35 86 107
Purchases of rental equipment (424,919) (50,437) (53,637)
Proceeds from sales of rental equipment 9,372 16,822 14,692
Net change in rental equipment (5,772) (630) 2,623
Proceeds from sales of foreclosed real estate and repossessed assets 1,824 8,952 23,992
Proceeds from divestitures 0 0 3,498
Proceeds from sale of trademarks 50,000 0 0
Proceeds from sale of other assets 3,550 0 0
Net cash (used in) investing activities (310,872) (1,118,402) (206,316)
Cash flows from financing activities:      
Net change in deposits 351,066 535,771 931,128
Net change in short-term borrowings 0 0 (756,019)
Redemption of long-term borrowings (75,000) 0 0
Proceeds from long-term borrowings 20,000 0 0
Principal payments on capital lease obligations (75) (32) (1,737)
Principal payments on other liabilities (2,751) (5,611) (7,568)
Proceeds from other liabilities 0 80 1,633
Dividends paid on common stock (5,921) (6,400) (7,100)
Issuance of common stock due to exercise of stock options 0 0 266
Issuance of common stock due to restricted stock 1 0 2
Issuance of common stock due to ESOP 2,886 3,036 3,220
Repurchases of common stock (168,235) (99,878) (118,738)
Distributions to noncontrolling interest (4,153) (4,033) (5,068)
Net cash provided by financing activities 117,818 422,933 40,019
Effect of exchange rate changes on cash (1,736) 476 (101)
Net change in cash and cash equivalents 74,019 (113,348) 300,822
Cash and cash equivalents at beginning of fiscal year 314,019 427,367 126,545
Cash and cash equivalents at end of fiscal period 388,038 314,019 427,367
Supplemental disclosure of cash flow information:      
Interest 5,259 8,207 41,294
Income taxes 13,940 8,038 6,223
Franchise taxes 250 250 281
Other taxes 541 722 535
Supplemental schedule of non-cash investing activities:      
Held for sale to loans and leases 115,934 36,919 0
Loans and leases to held for sale 169,045 188,638 542,101
Loans and leases to rental equipment 3,893 28,604 2,134
Loans and leases to foreclosed real estate and repossessed assets 49 9 9,983
Rental equipment to loan and leases 400,148 24,324 8,924
Rental equipment to foreclosed real estate and repossessed assets 0 1,650 0
Other assets to held for sale 0 0 7,858
Deposits to held for sale 0 0 288,975
Recognition of operating lease ROU assets, net of measurements $ 117 $ 12,954 $ 28,666