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CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Mar. 31, 2016
Mar. 31, 2015
INTEREST INCOME        
Loans $ 113,211 $ 109,274 $ 226,074 $ 217,567
Mortgage-backed securities 16,846 18,143 33,833 37,318
Investment securities and cash equivalents 5,006 5,213 10,280 11,029
Interest Income 135,063 132,630 270,187 265,914
INTEREST EXPENSE        
Customer accounts 13,071 12,574 25,788 26,018
FHLB advances and other borrowings 15,667 16,176 31,205 33,832
Interest Expense 28,738 28,750 56,993 59,850
Net interest income 106,325 103,880 213,194 206,064
Provision for (release of) allowance for loan losses (1,500) (3,949) (1,500) (9,449)
Net interest income after provision for (release of) allowance for loan losses 107,825 107,829 214,694 215,513
OTHER INCOME        
Loan fee income 1,166 2,048 2,683 4,112
Deposit fee income 5,350 5,405 11,267 11,383
Other income 4,213 3,388 7,414 726
Noninterest income 10,729 10,841 21,364 16,221
OTHER EXPENSE        
Compensation and benefits 29,184 30,469 58,883 59,629
Occupancy 8,969 8,239 17,561 16,374
FDIC insurance premiums 2,785 2,380 5,374 3,055
Product delivery 4,294 5,420 9,817 11,047
Information technology 7,453 3,882 16,163 7,912
Other expense 6,541 6,934 15,937 12,909
Noninterest Expense 59,226 57,324 123,735 110,926
Gain on real estate owned, net 3,894 1,473 5,314 1,788
Income before income taxes 63,222 62,819 117,637 122,596
Income tax expense 21,499 22,458 40,816 43,828
NET INCOME $ 41,723 $ 40,361 $ 76,821 $ 78,768
PER SHARE DATA        
Basic earnings (in dollars per share) $ 0.45 $ 0.42 $ 0.83 $ 0.81
Diluted earnings (in dollars per share) 0.45 0.42 0.83 0.81
Dividends paid on common stock (in dollars per share) $ 0.14 $ 0.13 $ 0.27 $ 0.28
Basic weighted average number of shares outstanding (in shares) 91,777,771 96,373,366 92,385,367 97,270,403
Diluted weighted average number of shares outstanding, including dilutive stock options (in shares) 92,147,998 96,725,234 92,860,052 97,635,201