Selected Quarterly Financial Data (Unaudited)

12 Months Ended

Sep. 30, 2020

Quarterly Financial Information Disclosure [Abstract]

Selected Quarterly Financial Data (Unaudited)

SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

The following is a summary of the unaudited interim results of operations by quarter for the years presented.

Twelve Months Ended September 30, 2020	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
	(In thousands, except per share data)
Interest income	$	164,824	$	159,618	$	149,709	$	147,114
Interest expense	45,139		42,006		32,331		32,281
Net interest income	119,685		117,612		117,378		114,833
Provision (release) for credit losses	(3,750)		8,200		10,800		6,500
Other operating income (including REO gain (loss), net)	45,490		16,272		13,055		12,169
Other operating expense	82,636		79,433		75,323		78,166
Income before income taxes	86,289		46,251		44,310		42,336
Income tax expense	18,423		9,874		9,458		7,993
Net income	$	67,866	$	36,377	$	34,852	$	34,343
Basic earnings per share	$	0.84	$	0.49	$	0.46	$	0.45
Diluted earnings per share	0.84		0.49		0.46		0.45
Cash dividends paid per share	0.21		0.22		0.22		0.22

Twelve Months Ended September 30, 2019	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
	(In thousands, except per share data)
Interest income	$	162,622	$	167,582	$	171,826	$	169,436
Interest expense	43,470		47,512		50,160		49,264
Net interest income	119,152		120,070		121,666		120,172
Provision (release) for credit losses	(500)		750		—		(1,900)
Other operating income (including REO gain (loss), net)	19,329		13,618		14,395		15,786
Other operating expense	71,672		67,967		70,898		72,526
Income before income taxes	67,309		64,971		65,163		65,332
Income tax expense	14,367		13,873		11,309		12,970
Net income	$	52,942	$	51,098	$	53,854	$	52,362
Basic earnings per share	$	0.65	$	0.63	$	0.67	$	0.66
Diluted earnings per share	0.65		0.63		0.67		0.66
Cash dividends paid per share	0.18		0.20		0.20		0.21