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CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
INTEREST INCOME        
Loans receivable $ 117,457 $ 113,728 $ 348,326 $ 339,802
Mortgage-backed securities 15,992 15,297 45,007 49,130
Investment securities and cash equivalents 4,267 4,710 13,345 14,990
Interest Income 137,716 133,735 406,678 403,922
INTEREST EXPENSE        
Customer accounts 12,764 13,274 38,173 39,062
FHLB advances 16,337 16,221 49,011 47,426
Interest Expense 29,101 29,495 87,184 86,488
Net interest income 108,615 104,240 319,494 317,434
Provision (release) for loan losses 0 (1,650) (1,600) (3,150)
Net interest income after provision (release) for loan losses 108,615 105,890 321,094 320,584
OTHER INCOME        
Gain on sale of investment securities 0 0 968 0
Loan fee income 889 1,101 3,310 3,784
Deposit fee income 5,714 5,297 15,803 16,564
Other income 7,319 4,088 15,873 11,502
Other income, total 13,922 10,486 35,954 31,850
OTHER EXPENSE        
Compensation and benefits 28,947 27,333 84,774 86,217
Occupancy 8,829 8,515 26,370 26,075
FDIC insurance premiums 2,842 2,869 8,591 8,243
Product delivery 3,246 3,822 10,096 13,639
Information technology 6,617 7,669 19,754 23,832
Other expense 6,581 6,097 19,285 22,034
Other expense, total 57,062 56,305 168,870 180,040
Gain (loss) on real estate owned, net (124) 5,087 1,069 10,401
Income before income taxes 65,351 65,158 189,247 182,795
Income tax expense 21,239 22,154 61,819 62,970
NET INCOME $ 44,112 $ 43,004 $ 127,428 $ 119,825
PER SHARE DATA        
Basic earnings (in dollars per share) $ 0.49 $ 0.47 $ 1.43 $ 1.30
Diluted earnings (in dollars per share) 0.49 0.47 1.42 1.30
Dividends paid on common stock (in dollars per share) $ 0.15 $ 0.14 $ 0.69 $ 0.41
Basic weighted average number of shares outstanding (in shares) 89,199,823 90,928,847 89,297,471 91,901,632
Diluted weighted average number of shares outstanding, including dilutive stock options (in shares) 89,497,264 91,468,662 89,653,955 92,393,644