v3.26.1
CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Mar. 31, 2026
Mar. 31, 2025
INTEREST INCOME        
Loans receivable $ 262,148 $ 282,077 $ 526,355 $ 568,674
Mortgage-backed securities 44,341 23,926 83,243 42,263
Investment securities and cash equivalents 18,245 30,081 37,632 70,264
Total income 324,734 336,084 647,230 681,201
INTEREST EXPENSE        
Customer accounts 125,999 151,948 262,213 314,098
Borrowings and junior subordinated debentures 21,165 23,226 36,336 50,762
Total interest expense 147,164 175,174 298,549 364,860
Net interest income 177,570 160,910 348,681 316,341
Provision for credit losses 4,000 2,750 7,500 2,750
Net interest income after provision 173,570 158,160 341,181 313,591
NON-INTEREST INCOME        
Gain on sale of investment securities 0 0 0 20
Gain on termination of hedging derivatives 426 65 450 70
Loan fee income 2,216 1,812 3,570 3,157
Deposit fee income $ 7,674 $ 7,057 $ 15,532 $ 14,103
Revenue, Product and Service [Extensible Enumeration] Deposit Account [Member] Deposit Account [Member] Deposit Account [Member] Deposit Account [Member]
Other income $ 9,497 $ 9,947 $ 20,516 $ 17,233
Total non-interest income 19,813 18,881 40,068 34,583
NON-INTEREST EXPENSE        
Compensation and benefits 57,120 52,710 111,310 112,637
Occupancy 11,711 11,499 22,881 22,287
FDIC insurance premiums 5,050 5,800 10,450 10,650
Product delivery 7,110 6,907 13,684 12,692
Information technology 15,919 14,481 30,303 28,673
Other expense 12,947 13,435 26,950 29,204
Total non-interest expense 109,857 104,832 215,578 216,143
Gain (loss) on real estate owned, net 280 (199) 436 230
Income before income taxes 83,806 72,010 166,107 132,261
Income tax expense 18,258 15,758 36,363 28,742
Net income 65,548 56,252 129,744 103,519
Dividends on preferred stock 3,656 3,656 7,312 7,312
Net income available to common shareholders $ 61,892 $ 52,596 $ 122,432 $ 96,207
PER SHARE DATA        
Basic earnings per common share (in dollars per share) $ 0.82 $ 0.65 $ 1.61 $ 1.19
Diluted earnings per common share (in dollars per share) 0.82 0.65 1.60 1.18
Dividends paid on common stock per share (in dollars per share) $ 0.27 $ 0.27 $ 0.54 $ 0.53
Basic weighted average shares outstanding (in shares) 75,487,399 81,061,206 76,236,709 81,178,997
Diluted weighted average shares outstanding (in shares) 75,574,228 81,105,536 76,315,090 81,278,102