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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2021
INTEREST INCOME      
Loans receivable $ 900,068 $ 601,592 $ 537,660
Mortgage-backed securities 43,184 26,332 24,708
Investment securities and cash equivalents 99,703 38,435 29,242
Total Income 1,042,955 666,359 591,610
INTEREST EXPENSE      
Customer accounts 237,233 43,041 42,313
Borrowings 115,488 28,729 44,188
Total interest expense 352,721 71,770 86,501
Net interest income 690,234 594,589 505,109
Provision (release) for credit losses 41,500 3,000 500
Net interest income after provision (release) 648,734 591,589 504,609
OTHER INCOME      
Gain (loss) on sale of investment securities 33 99 14
Gain (loss) on termination of hedging derivatives (867) 0 14,110
Prepayment penalty on long-term debt 0 0 (13,788)
Loan fee income $ 3,885 $ 7,168 $ 6,899
Deposit fee income Deposit Account [Member] Deposit Account [Member] Deposit Account [Member]
Deposit fee income $ 26,050 $ 25,942 $ 24,686
Other income 23,100 33,163 28,640
Total other income 52,201 66,372 60,561
OTHER EXPENSE      
Compensation and benefits 196,534 193,917 176,106
Occupancy 41,579 42,499 39,610
FDIC insurance premiums 20,025 9,531 14,368
Product delivery 20,973 19,536 18,505
Information technology 49,447 47,202 42,737
Other expense 47,477 45,890 41,133
Total other expense 376,035 358,575 332,459
Gain on real estate owned, net 176 651 427
Income before income taxes 325,076 300,037 233,138
Income tax expense 67,650 63,707 49,523
Net income 257,426 236,330 183,615
Dividends on preferred stock 14,625 14,625 10,034
Net income available to common shareholders $ 242,801 $ 221,705 $ 173,581
PER SHARE DATA      
Basic earnings per share (in dollars per share) $ 3.72 $ 3.40 $ 2.39
Diluted earnings per share (in dollars per share) 3.72 3.39 2.39
Dividends paid on common stock per share (in dollars per share) $ 0.99 $ 0.95 $ 0.91
Basic weighted average number of common shares outstanding (in shares) 65,192,510 65,287,650 72,529,188
Diluted weighted average number of common shares outstanding (in shares) 65,255,283 65,404,110 72,565,920