XML 112 R93.htm IDEA: XBRL DOCUMENT v3.24.3
PARENT COMPANY FINANCIAL STATEMENTS - Cash Flow Statement (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Sep. 30, 2024
Jun. 30, 2024
Mar. 31, 2024
Dec. 31, 2023
Sep. 30, 2023
Jun. 30, 2023
Mar. 31, 2023
Dec. 31, 2022
Sep. 30, 2022
Jun. 30, 2022
Mar. 31, 2022
Dec. 31, 2021
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2022
Cash flows from operating activities:                              
Net income attributable to parent $ 33,597 $ 41,835 $ 65,268 $ 27,657 $ 35,906 $ 45,096 $ 54,771 $ 27,842 $ 23,420 $ 22,391 $ 49,251 $ 61,324 $ 168,357 $ 163,615 $ 156,386
Adjustments to reconcile net income to net cash provided by (used in) operating activities:                              
Depreciation, amortization and accretion, net                         57,765 64,955 61,601
Net change in accrued interest receivable                         (8,103) (5,303) (1,725)
Net change in other assets                         (11,747) 17,134 (32,936)
Net change in accrued expenses and other liabilities                         176,083 48,658 (10,640)
Stock compensation                         10,286 11,070 10,004
Net cash provided by operating activities                         453,537 303,111 268,809
Cash flows from investing activities:                              
Net cash (used in) investing activities                         (227,661) (920,758) (310,872)
Cash flows from financing activities:                              
Redemption of long-term borrowings                         0 0 (75,000)
Payment of debt issuance costs                         0 (511) 0
Proceeds from long-term borrowings                         0 0 20,000
Dividends paid on common stock                         (5,067) (5,426) (5,921)
Issuance of common stock due to restricted stock                         3 1 1
Repurchases of common stock                         (86,853) (120,437) (168,235)
Net cash provided by (used in) financing activities                         (443,200) 604,858 117,818
Net change in cash and cash equivalents                         (217,243) (12,458) 74,019
Cash and cash equivalents at beginning of fiscal year       375,580       388,038       314,019 375,580 388,038 314,019
Cash and cash equivalents at end of fiscal period 158,337       375,580       388,038       158,337 375,580 388,038
Meta Financial                              
Cash flows from operating activities:                              
Net income attributable to parent                         168,357 163,615 156,386
Adjustments to reconcile net income to net cash provided by (used in) operating activities:                              
Depreciation, amortization and accretion, net                         102 102 1,020
Equity in undistributed net income of subsidiaries                         (172,017) (166,738) (159,652)
Net change in accrued interest receivable                         46 (30) (15)
Net change in other assets                         (997) (354) (636)
Net change in accrued expenses and other liabilities                         1,315 (1,793) 3,163
Cash dividend received                         87,000 110,000 229,200
Stock compensation                         10,287 11,070 10,004
Net cash provided by operating activities                         94,093 115,872 239,470
Cash flows from investing activities:                              
Alternative investments                         (1,676) (1,217) (3,380)
Net cash (used in) investing activities                         (1,676) (1,217) (3,380)
Cash flows from financing activities:                              
Redemption of long-term borrowings                         0 0 (75,000)
Payment of debt issuance costs                         0 (511) 0
Proceeds from long-term borrowings                         0 0 20,000
Dividends paid on common stock                         (5,067) (5,426) (5,921)
Issuance of common stock due to restricted stock                         2 1 1
Issuance of common stock due to ESOP                         0 0 2,886
Repurchases of common stock                         (86,853) (120,437) (168,235)
Net cash provided by (used in) financing activities                         (91,918) (126,373) (226,269)
Net change in cash and cash equivalents                         499 (11,718) 9,821
Cash and cash equivalents at beginning of fiscal year       $ 1,399       $ 13,117       $ 3,296 1,399 13,117 3,296
Cash and cash equivalents at end of fiscal period $ 1,898       $ 1,399       $ 13,117       $ 1,898 $ 1,399 $ 13,117