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Derivatives and Hedging Activities (Tables)
6 Months Ended
Mar. 31, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Fair Value and Balance Sheet Classification
Although management is not aware of any factors that would materially affect the estimated fair value amounts presented below, such amounts have not been comprehensively revalued for purposes of these financial statements since the dates shown, and therefore, estimates of fair value subsequent to those dates may differ significantly from the amounts presented below. 
 
 
 
 
March 31, 2016
 
September 30, 2015
 
 
Level in Fair Value Hierarchy
 
Carrying
Amount
 
Estimated
Fair Value
 
Carrying
Amount
 
Estimated
Fair Value
 
 
 
 
(In thousands)
Financial assets
 
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
 
1
 
$
276,084

 
$
276,084

 
$
284,049

 
$
284,049

Available-for-sale securities
 
 
 
 
 
 
 
 
 
 
Equity securities
 
1
 
101,591

 
101,591

 
101,952

 
101,952

Obligations of U.S. government
 
2
 
264,544

 
264,544

 
482,464

 
482,464

Obligations of states and political subdivisions
 
2
 
27,335

 
27,335

 
27,123

 
27,123

Corporate debt securities
 
2
 
506,269

 
506,269

 
505,800

 
505,800

Mortgage-backed securities
 
 
 
 
 
 
 
 
 
 
Agency pass-through certificates
 
2
 
1,105,016

 
1,105,016

 
1,160,518

 
1,160,518

Other commercial MBS
 
2
 
92,331

 
92,331

 
102,706

 
102,706

Total available-for-sale securities
 
 
 
2,097,086

 
2,097,086

 
2,380,563

 
2,380,563

Held-to-maturity securities
 
2
 
 
 
 
 
 
 
 
Mortgage-backed securities
 
 
 
 
 
 
 
 
 
 
Agency pass-through certificates
 
2
 
1,558,087

 
1,564,349

 
1,643,216

 
1,637,420

Total held-to-maturity securities
 
 
 
1,558,087

 
1,564,349

 
1,643,216

 
1,637,420

 
 
 
 
 
 
 
 
 
 
 
Loans receivable
 
3
 
9,545,322

 
10,059,040

 
9,170,634

 
9,667,750

FDIC indemnification asset
 
3
 
13,480

 
12,803

 
16,275

 
15,522

FHLB and FRB stock
 
2
 
113,187

 
113,187

 
107,198

 
107,198

        Other assets - interest rate contracts
 
2
 
17,498

 
17,498

 
11,879

 
11,879

 
 
 
 
 
 
 
 
 
 
 
Financial liabilities
 
 
 
 
 
 
 
 
 
 
Customer accounts
 
2
 
10,543,384

 
9,671,338

 
10,631,703

 
10,004,290

FHLB advances
 
2
 
1,980,000

 
2,086,109

 
1,830,000

 
1,938,384

        Other liabilities - interest rate contracts
 
2
 
17,498

 
17,498

 
11,879

 
11,879

Other liabilities - commercial loan hedge
 
2
 
2,329

 
2,329

 
966

 
966

        Other liabilities - long term borrowing hedge
 
2
 
25,242

 
25,242

 
14,555

 
14,555

The following table presents the fair value and balance sheet classification of derivatives at March 31, 2016 and September 30, 2015:
 
 
Asset Derivatives
 
Liability Derivatives
 
 
March 31, 2016
 
September 30, 2015
 
March 31, 2016
 
September 30, 2015
 
 
Balance Sheet
 
 
 
Balance Sheet
 
 
 
Balance Sheet
 
 
 
Balance Sheet
 
 
 
 
Location
 
Fair Value
 
Location
 
Fair Value
 
Location
 
Fair Value
 
Location
 
Fair Value
 
 
(In thousands)
Interest rate contracts
 
Other assets
 
$
17,498

 
Other assets
 
$
11,879

 
Other liabilities
 
$
17,498

 
Other liabilities
 
$
11,879

Commercial loan hedge
 
Other assets
 

 
Other assets
 

 
Other liabilities
 
2,329

 
Other liabilities
 
966

Long term borrowing hedge
 
Other assets
 

 
Other assets
 

 
Other liabilities
 
25,242

 
Other liabilities
 
14,555

 
 
 
 
$
17,498

 
 
 
$
11,879

 
 
 
$
45,069

 
 
 
$
27,400