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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
9 Months Ended
Jun. 30, 2018
Jun. 30, 2017
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 152,335,000 $ 127,428,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization, and accretion expense, net 38,980,000 29,602,000
Cash received from (paid to) FDIC under loss share agreements, net 1,595,000 813,000
Stock based compensation expense 3,634,000 5,126,000
Provision (release) for loan losses 50,000 (1,600,000)
Loss (gain) on sale of investment securities 0 (968,000)
Decrease (increase) in accrued interest receivable (2,027,000) (1,257,000)
Decrease (increase) in federal and state income tax receivable (4,293,000) 16,047,000
Decrease (increase) in cash surrender value of bank owned life insurance (4,490,000) (4,907,000)
Gain on bank owned life insurance (2,416,000) (4,983,000)
Net realized (gain) loss on sales of premises, equipment, and real estate owned (1,333,000) (1,691,000)
Decrease (increase) in other assets (878,000) 6,618,000
Increase (decrease) in accrued expenses and other liabilities (40,862,000) (47,859,000)
Net cash provided by (used in) operating activities 140,295,000 122,369,000
CASH FLOWS FROM INVESTING ACTIVITIES    
Origination of loans and principal repayments, net (308,167,000) (668,413,000)
Loans purchased (143,605,000) (72,856,000)
FHLB & FRB stock purchased (408,800,000) (93,009,000)
FHLB & FRB stock redeemed 403,000,000 85,224,000
Available-for-sale securities purchased (166,696,000) 0
Principal payments and maturities of available-for-sale securities 156,240,000 290,243,000
Proceeds from sales of available-for-sale securities 0 350,890,000
Held-to-maturity securities purchased (170,836,000) (415,729,000)
Principal payments and maturities of held-to-maturity securities 143,837,000 176,333,000
Proceeds from sales of real estate owned 11,960,000 13,780,000
Proceeds from settlement of bank owned life insurance 3,484,000 6,913,000
Cash paid for acquisitions (2,211,000) 0
Proceeds from sales of premises and equipment 1,000 3,956,000
Premises and equipment purchased and REO improvements (22,604,000) (9,541,000)
Net cash provided by (used in) investing activities (504,397,000) (332,209,000)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net increase (decrease) in customer accounts 452,694,000 33,654,000
Proceeds from borrowings 10,220,000,000 2,325,000,000
Repayments of borrowings (10,075,000,000) (2,130,000,000)
Proceeds from exercise of common stock options and related tax benefit 1,288,000 7,078,000
Dividends paid on common stock (41,091,000) (61,341,000)
Treasury stock purchased (136,941,000) (46,470,000)
Increase (decrease) in borrower advances related to taxes and insurance, net (23,999,000) (9,197,000)
Net cash provided by (used in) financing activities 396,951,000 118,724,000
Increase (decrease) in cash and cash equivalents 32,849,000 (91,116,000)
Cash and cash equivalents at beginning of period 313,070,000 450,368,000
Cash and cash equivalents at end of period 345,919,000 359,252,000
Non-cash investing activities    
Real estate acquired through foreclosure 1,517,000 2,323,000
Non-cash financing activities    
Stock issued upon exercise of warrants 3,836,000 7,546,000
Cash paid during the period for    
Interest 95,394,000 82,919,000
Income taxes $ 34,160,000 $ 33,228,000