PREMISES, FURNITURE, AND EQUIPMENT, NET

12 Months Ended

Sep. 30, 2024

Property, Plant and Equipment [Abstract]

PREMISES, FURNITURE, AND EQUIPMENT, NET

PREMISES, FURNITURE, AND EQUIPMENT, NET

Premises, furniture, and equipment consists of the following:

	At September 30,
(Dollars in thousands)	2024		2023
Land	$	1,354	$	1,354
Buildings	21,685		21,331
Furniture, fixtures, and equipment	63,823		62,312
	86,862		84,997
Less: accumulated depreciation and amortization	(47,807)		(45,837)
Net book value	$	39,055	$	39,160

Depreciation expense of premises, furniture and equipment included in occupancy and equipment expense was approximately $10.2 million, $11.1 million and $11.3 million for the fiscal years ended September 30, 2024, 2023 and 2022, respectively.

RENTAL EQUIPMENT, NET

Rental equipment consists of the following:

	At September 30,
(Dollars in thousands)	2024		2023
Computers and IT networking equipment	$	21,308	$	25,094
Motor vehicles and other	140,920		122,845
Other furniture and equipment	38,755		37,637
Solar panels and equipment	128,296		142,355
Total	329,279		327,931
Accumulated depreciation	(124,987)		(117,418)
Unamortized initial direct costs	1,047		1,237
Net book value	$	205,339	$	211,750

Future minimum lease payments expected to be received for operating leases at September 30, 2024 were as follows:

(Dollars in thousands)
2025	$	41,983
2026	32,493
2027	24,333
2028	15,017
2029	9,402
Thereafter	5,921
Total	$	129,149