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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
6 Months Ended
Mar. 31, 2016
Mar. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 76,821 $ 78,768
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization, accretion and restricted stock expense 11,082 10,566
Cash received from (paid to) FDIC under loss share 2,153 (738)
Stock option compensation expense 600 600
Provision for (release of) allowance for loan losses (1,500) (9,449)
Loss (gain) on investment securities and real estate owned (6,629) (12,338)
Decrease (increase) in accrued interest receivable 2,858 11,678
Decrease (increase) in federal and state income tax receivable 8,163 6,995
Decrease (increase) in cash surrender value of bank owned life insurance (2,159) (961)
Decrease (increase) in other assets (5,551) (26,667)
Increase (decrease) in accrued expenses and other liabilities 49,710 586
Net cash provided by operating activities 135,548 59,040
CASH FLOWS FROM INVESTING ACTIVITIES    
Origination of loans and principal repayments, net (321,573) (78,301)
Loans purchased (51,646) (146,832)
FHLB & FRB stock purchased (32,329) 0
FHLB & FRB stock redemption 26,340 7,921
Available-for-sale securities purchased (50,741) (163,126)
Principal payments and maturities of available-for-sale securities 328,188 466,991
Principal payments and maturities of held-to-maturity securities 82,536 65,913
Proceeds from sales of real estate owned 38,347 37,404
Purchase of bank owned life insurance (100,000) (100,000)
Premises and equipment purchased and REO improvements (34,248) (16,897)
Net cash provided by (used in) investing activities (115,126) 73,073
CASH FLOWS FROM FINANCING ACTIVITIES    
Net increase (decrease) in customer accounts (88,243) (24,227)
Proceeds from borrowings 818,000 0
Repayments of borrowings (668,000) (100,000)
Proceeds from exercise of common stock options and related tax benefit 5,399 492
Dividends paid on common stock (24,735) (26,806)
Treasury stock purchased (44,447) (77,355)
Increase (decrease) in advance payments by borrowers for taxes and insurance (26,361) (10,996)
Net cash provided by (used in) financing activities (28,387) (238,892)
Increase (decrease) in cash and cash equivalents (7,965) (106,779)
Cash and cash equivalents at beginning of period 284,049 781,843
Cash and cash equivalents at end of period 276,084 675,064
Non-cash investing activities    
Real estate acquired through foreclosure 10,535 19,927
Cash paid during the period for    
Interest 57,325 62,193
Income taxes $ 27,245 $ 32,517