v3.22.4
Consolidated Statements Of Income (unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Dec. 31, 2022
Dec. 31, 2021
INTEREST AND DIVIDEND INCOME:    
Loans, including fees $ 129,665 $ 90,119
Investment securities available for sale 3,062 960
Other interest and dividend earning assets 6,243 1,011
Total interest and dividend income 138,970 92,090
INTEREST EXPENSE:    
Deposits 29,855 19,251
Borrowed funds 33,958 14,995
Total interest expense 63,813 34,246
NET INTEREST INCOME 75,157 57,844
PROVISION (RELEASE) FOR CREDIT LOSSES (1,000) (2,000)
NET INTEREST INCOME AFTER PROVISION (RELEASE) FOR CREDIT LOSSES 76,157 59,844
NON-INTEREST INCOME:    
Net gain on the sale of loans 17 2,187
Increase in and death benefits from bank owned life insurance contracts 2,238 2,911
Other 966 652
Total non-interest income 5,157 8,154
NON-INTEREST EXPENSE:    
Salaries and employee benefits 28,403 26,515
Marketing services 7,713 5,626
Office property, equipment and software 6,800 6,639
Federal insurance premium and assessments 2,761 2,012
State franchise tax 1,208 1,224
Other expenses 6,309 5,657
Total non-interest expense 53,194 47,673
INCOME BEFORE INCOME TAXES 28,120 20,325
INCOME TAX EXPENSE 5,927 4,185
NET INCOME $ 22,193 $ 16,140
Earnings Per Share, Diluted $ 0.08 $ 0.06
Income available to common shareholders, per share amount, basic $ 0.08 $ 0.06
Weighted average shares outstanding    
Basic 277,320,904 277,225,121
Diluted 278,462,937 278,903,373
Banking    
NON-INTEREST INCOME:    
Fees and service charges, net of amortization $ 1,936 $ 2,404