Cover Page - shares	9 Months Ended
Cover Page - shares	Jun. 30, 2020	Aug. 03, 2020
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2020
Document Transition Report	false
Entity File Number	0-22140
Entity Registrant Name	META FINANCIAL GROUP INC
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	42-1406262
Entity Address, Address Line One	5501 South Broadband Lane
Entity Address, City or Town	Sioux Falls
Entity Address, State or Province	SD
Entity Address, Postal Zip Code	57108
City Area Code	605
Local Phone Number	782-1767
Title of 12(b) Security	Common Stock, $.01 par value
Trading Symbol	CASH
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding (in shares)		34,627,599
Entity Central Index Key	0000907471
Current Fiscal Year End Date	--09-30
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q3
Amendment Flag	false

Condensed Consolidated Statements of Financial Condition - USD ($) $ in Thousands	Jun. 30, 2020	Sep. 30, 2019
ASSETS
Cash and cash equivalents	$ 3,108,141	$ 126,545
Investment securities available for sale, at fair value	825,579	889,947
Mortgage-backed securities available for sale, at fair value	338,250	382,546
Investment securities held to maturity, at cost	98,205	127,582
Mortgage-backed securities held to maturity, at cost	6,382	7,182
Loans held for sale	79,905	148,777
Loans and leases	3,502,646	3,658,847
Allowance for loan and lease losses	(65,747)	(29,149)
Federal Reserve Bank and Federal Home Loan Bank stocks, at cost	31,836	30,916
Accrued interest receivable	17,545	20,400
Premises, furniture, and equipment, net	40,361	45,932
Rental equipment, net	216,336	208,537
Bank-owned life insurance	91,697	89,827
Foreclosed real estate and repossessed assets	6,784	29,494
Goodwill	309,505	309,505
Intangible assets	43,974	52,810
Prepaid assets	6,806	9,476
Deferred taxes	15,944	18,884
Other assets	104,877	54,832
Total assets	8,779,026	6,182,890
Deposits:
Noninterest-bearing checking	6,537,809	2,358,010
Interest-bearing checking	187,003	185,768
Savings deposits	55,896	49,773
Money market deposits	40,811	76,911
Time certificates of deposit	25,000	109,275
Wholesale deposits	743,806	1,557,268
Total deposits	7,590,325	4,337,005
Short-term borrowings	0	646,019
Long-term borrowings	209,781	215,838
Accrued interest payable	4,332	9,414
Accrued expenses and other liabilities	144,679	130,656
Total liabilities	7,949,117	5,338,932
STOCKHOLDERS’ EQUITY
Preferred stock, 3,000,000 shares authorized, no shares issued, none outstanding at June 30, 2020 and September 30, 2019, respectively	0	0
Additional paid-in capital	592,693	580,826
Retained earnings	228,500	252,813
Accumulated other comprehensive income	7,995	6,339
Treasury stock, at cost, 104,057 and 14,444 common shares at June 30, 2020 and September 30, 2019, respectively	(3,412)	(445)
Total equity attributable to parent	826,122	839,911
Noncontrolling interest	3,787	4,047
Total stockholders’ equity	829,909	843,958
Total liabilities and stockholders’ equity	8,779,026	6,182,890
Common stock, $0.01 par value; 90,000,000 shares authorized, 34,735,217 and 37,821,508 shares issued, 34,631,160 and 37,807,064 shares outstanding at June 30, 2020 and September 30, 2019, respectively
STOCKHOLDERS’ EQUITY
Common stock	346	378
Common stock, Nonvoting, $0.01 par value; 3,000,000 shares authorized, no shares issued, none outstanding at June 30, 2020 and September 30, 2019, respectively
STOCKHOLDERS’ EQUITY
Common stock	$ 0	$ 0

Condensed Consolidated Statements of Financial Condition (Parenthetical) - $ / shares	Jun. 30, 2020	Sep. 30, 2019
STOCKHOLDERS’ EQUITY
Preferred stock, shares authorized (in shares)	3,000,000	3,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Treasury stock (in shares)	104,057	14,444
Common Stock
STOCKHOLDERS’ EQUITY
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	90,000,000	90,000,000
Common stock, shares issued (in shares)	34,735,217	37,821,508
Common stock, shares outstanding (in shares)	34,631,160	37,807,064
Common Stock, Nonvoting
STOCKHOLDERS’ EQUITY
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	3,000,000	3,000,000
Common stock, shares issued (in shares)	0	0
Common stock, shares outstanding (in shares)	0	0

Condensed Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Interest and dividend income:
Loans and leases, including fees	$ 59,911	$ 69,732	$ 199,107	$ 203,900
Mortgage-backed securities	2,269	3,063	7,151	8,622
Other investments	5,226	8,837	18,176	32,380
Total interest and dividend income	67,406	81,632	224,434	244,902
Interest expense:
Deposits	3,130	10,395	20,712	35,731
FHLB advances and other borrowings	2,139	4,269	9,197	10,581
Total interest expense	5,269	14,664	29,909	46,312
Net interest income	62,137	66,968	194,525	198,590
Provision for loan and lease losses	15,093	9,112	55,796	51,529
Net interest income after provision for loan and lease losses	47,044	57,856	138,729	147,061
Noninterest income:
Securities available for sale, net	0	440	0	649
Gain on divestitures	0	0	19,275	0
Gain on sale of other	1,214	2,620	969	6,117
Other income	2,464	2,741	11,512	8,012
Total noninterest income	41,048	43,790	199,044	186,565
Noninterest expense:
Compensation and benefits	32,102	35,176	100,631	117,350
Refund transfer product expense (income)	(139)	287	7,482	7,478
Tax advance product expense (Income)	(11)	425	2,820	3,101
Card processing	7,128	4,613	19,432	18,670
Occupancy and equipment expense	6,502	7,136	20,169	20,806
Operating lease equipment depreciation	8,536	6,029	25,237	18,280
Legal and consulting	4,660	4,065	15,242	12,341
Intangible amortization	2,636	4,374	8,714	14,352
Impairment expense	0	0	750	9,660
Other expense	9,827	10,363	38,291	34,978
Total noninterest expense	71,241	72,468	238,768	257,016
Income before income tax expense	16,851	29,178	99,005	76,610
Income tax expense (benefit) (includes $0 and $110 reclassified from accumulated other comprehensive income (loss) for the three months ended June 30, 2020 and 2019, respectively and $0 and $162 for the nine months ended June 30, 2020 and 2019, respectively)	(2,426)	(1,158)	3,870	(3,244)
Net income before noncontrolling interest	19,277	30,336	95,135	79,854
Net income attributable to noncontrolling interest	1,087	1,045	3,573	3,045
Net income attributable to parent	$ 18,190	$ 29,291	$ 91,562	$ 76,809
Earnings per common share
Basic (in dollars per share)	$ 0.53	$ 0.75	$ 2.54	$ 1.96
Diluted (in dollars per share)	$ 0.53	$ 0.75	$ 2.54	$ 1.95
Refund transfer product fees
Noninterest income:
Noninterest income:	$ 4,595	$ 6,697	$ 33,726	$ 38,559
Total noninterest income	4,595	6,697	33,726	38,559
Tax advance product fees
Noninterest income:
Noninterest income:	28	34	31,840	34,757
Total noninterest income	28	34	31,840	34,757
Payment card and deposit fees
Noninterest income:
Noninterest income:	21,302	21,377	65,957	66,855
Total noninterest income	21,302	21,377	65,957	66,855
Other bank and deposit fees
Noninterest income:
Noninterest income:	214	495	1,083	1,449
Total noninterest income	214	495	1,083	1,449
Rental income
Noninterest income:
Noninterest income:	11,231	9,386	34,682	30,167
Total noninterest income	$ 11,231	$ 9,386	$ 34,682	$ 30,167

Condensed Consolidated Statements of Operations (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Noninterest income:
Net gain loss on available for sale securities reclassified from accumulated other comprehensive income	$ 0	$ 440	$ 0	$ 649
Income tax expense (benefit) reclassified from accumulated other comprehensive income (loss)	$ 0	$ 110	$ 0	$ (162)

Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Statement of Comprehensive Income [Abstract]
Net income before noncontrolling interest	$ 19,277	$ 30,336	$ 95,135	$ 79,854
Other comprehensive income (loss):
Change in net unrealized (loss) gain on debt securities	8,067	16,897	2,576	48,157
Gain realized in net income	0	(440)	0	(649)
Total	8,067	16,457	2,576	47,508
Unrealized (loss) gain on currency translation	295	221	(269)	(24)
Deferred income tax effect	2,021	4,106	651	11,590
Total other comprehensive income	6,341	12,572	1,656	35,894
Total comprehensive income	25,618	42,908	96,791	115,748
Total comprehensive income attributable to noncontrolling interest	1,087	1,045	3,573	3,045
Comprehensive income attributable to parent	$ 24,531	$ 41,863	$ 93,218	$ 112,703

Condensed Consolidated Statements of Changes in Stockholders' Equity - USD ($) $ in Thousands	Total	Adjustment	Total Meta Stockholders’ Equity	Total Meta Stockholders’ Equity Adjustment	Common Stock	Additional Paid-in Capital	Retained Earnings	Retained Earnings Adjustment	Accumulated Other Comprehensive Income (Loss), Net of Tax	Accumulated Other Comprehensive Income (Loss), Net of Tax Adjustment	Treasury Stock	Noncontrolling Interest
Beginning Balance at Sep. 30, 2018	$ 747,726		$ 744,152		$ 393	$ 565,811	$ 213,048		$ (33,111)		$ (1,989)	$ 3,574
Beginning Balance (Accounting Standards Update 2014-09) at Sep. 30, 2018		$ 1,502		$ 1,502				$ 1,502
Beginning Balance (Accounting Standards Update 2016-01) at Sep. 30, 2018								$ 475		$ (475)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Cash dividends declared on common stock	(5,874)		(5,874)				(5,874)
Issuance of common shares due to exercise of stock options	92		92			92
Issuance of common shares due to restricted stock	3		3		3
Issuance of common shares due to ESOP	2,010		2,010			2,010
Shares repurchased	(45,980)		(45,980)		(17)	17	(43,000)				(2,980)
Retirement of treasury stock							(4,956)				4,956
Stock compensation	10,785		10,785			10,785
Total other comprehensive income	35,894		35,894						35,894
Net income	79,854		76,809				76,809					3,045
Net investment by (distribution to) noncontrolling interests	(3,111)											(3,111)
Ending Balance at Jun. 30, 2019	822,901		819,393		379	578,715	238,004		2,308		(13)	3,508
Beginning Balance at Mar. 31, 2019	823,709		820,181		395	576,406	258,600		(10,264)		(4,956)	3,528
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Cash dividends declared on common stock	(1,931)		(1,931)				(1,931)
Issuance of common shares due to exercise of stock options	37		37			37
Shares repurchased	(43,013)		(43,013)		(16)	16	(43,000)				(13)
Retirement of treasury stock							(4,956)
Stock compensation	2,256		2,256			2,256
Total other comprehensive income	12,572		12,572						12,572
Net income	30,336		29,291				29,291					1,045
Net investment by (distribution to) noncontrolling interests	(1,065)											(1,065)
Ending Balance at Jun. 30, 2019	822,901		819,393		379	578,715	238,004		2,308		(13)	3,508
Beginning Balance at Sep. 30, 2019	843,958		839,911		378	580,826	252,813		6,339		(445)	4,047
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Cash dividends declared on common stock	(5,370)		(5,370)				(5,370)
Issuance of common shares due to exercise of stock options	293		293			293
Issuance of common shares due to restricted stock	2		2		2
Issuance of common shares due to ESOP	3,220		3,220		1	3,219
Shares repurchased	(113,472)		(113,472)		(35)	35	(110,505)				(2,967)
Stock compensation	8,320		8,320			8,320
Total other comprehensive income	1,656		1,656						1,656
Net income	95,135		91,562				91,562					3,573
Net investment by (distribution to) noncontrolling interests	(3,833)											(3,833)
Ending Balance at Jun. 30, 2020	829,909		826,122		346	592,693	228,500		7,995		(3,412)	3,787
Beginning Balance at Mar. 31, 2020	805,074		801,312		346	590,682	212,027		1,654		(3,397)	3,762
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Cash dividends declared on common stock	(1,717)		(1,717)				(1,717)
Issuance of common shares due to exercise of stock options	88		88			88
Shares repurchased	(15)		(15)								(15)
Stock compensation	1,923		1,923			1,923
Total other comprehensive income	6,341		6,341						6,341
Net income	19,277		18,190				18,190					1,087
Net investment by (distribution to) noncontrolling interests	(1,062)											(1,062)
Ending Balance at Jun. 30, 2020	$ 829,909		$ 826,122		$ 346	$ 592,693	$ 228,500		$ 7,995		$ (3,412)	$ 3,787

Condensed Consolidated Statements of Changes in Stockholders' Equity (Parenthetical) - $ / shares	3 Months Ended		9 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Statement of Stockholders' Equity [Abstract]
Cash dividends declared on common stock (in dollars per share)	$ 0.05	$ 0.05	$ 0.15	$ 0.15

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Cash flows from operating activities:
Net income before noncontrolling interest	$ 95,135	$ 79,854
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation, amortization and accretion, net	46,123	41,290
Stock compensation	8,320	10,785
Provision (recovery):
Provision for loan and lease losses	55,796	51,529
Deferred taxes	2,289	(14,468)
Loans held for sale:
Originations	(63,396)	(104,121)
Purchases	0	(12,643)
Proceeds from sales	168,814	95,663
Net change	22,612	15,925
Fair value adjustment of foreclosed real estate	568	139
Net realized (gain) loss:
Other assets	361	(54)
Divestitures	(19,275)	0
Foreclosed real estate and repossessed assets	5,039	185
Securities available for sale, net	0	(649)
Loans held for sale	(4,069)	(3,650)
Leases receivable and equipment	(2,302)	(2,598)
Net change:
Other assets	(20,623)	(15,957)
Deposits held for sale	1,535	0
Accrued interest payable	(5,082)	4,556
Accrued expenses and other liabilities	(10,218)	18,785
Accrued interest receivable	1,738	2,294
Change in bank-owned life insurance value	(1,870)	(1,900)
Impairment on assets held for sale	242	0
Impairment on rental equipment	0	6,194
Impairment of intangibles	0	111
Net cash provided by operating activities	281,737	171,270
Securities available for sale:
Purchases	(60,024)	(297,548)
Proceeds from sales	0	720,376
Proceeds from maturities and principal repayments	166,477	110,810
Securities held to maturity:
Proceeds from maturities and principal repayments	28,642	24,809
Loans and leases:
Purchases	(120,406)	(219,551)
Proceeds from sales	3,099	13,069
Net change	(73,360)	(530,215)
Proceeds from sales of foreclosed real estate and repossessed assets	23,086	1,905
Federal Reserve Bank and Federal Home Loan Bank stock:
Purchases	(472,000)	(606,756)
Redemption	471,080	612,920
Rental equipment:
Purchases	(48,279)	(111,150)
Proceeds from sales	13,262	6,551
Net change	2,625	1,868
Premises, furniture, and equipment:
Purchases	(8,573)	(11,944)
Proceeds from sales	0	101
Proceeds from divestitures	3,498	0
Net cash (used in) investing activities	(70,873)	(284,755)
Cash flows from financing activities:
Checking, savings, and money market deposits	4,440,032	408,951
Time certificates of deposit	(84,285)	(159,611)
Wholesale deposits	(813,495)	96,763
FHLB and other borrowings	(165,000)	110,000
Federal funds	(477,000)	(287,000)
Securities sold under agreements to repurchase	(4,019)	(36)
Distribution to noncontrolling interests	(3,833)	(3,111)
Proceeds from other liabilities	1,633	7,525
Other liabilities	(5,977)	(9,404)
Capital lease obligations	(1,729)	(64)
Cash dividends paid	(5,370)	(5,874)
Issuance of common stock due to ESOP	3,220	2,010
Issuance of common stock due to restricted stock	2	3
Proceeds from exercise of stock options and issuance of common stock	293	92
Shares repurchased	(113,472)	(45,980)
Net cash (used in) provided by financing activities	2,771,000	114,264
Effect of exchange rate changes on cash	(268)	(24)
Net change in cash and cash equivalents	2,981,596	755
Cash and cash equivalents at beginning of fiscal year	126,545	99,977
Cash and cash equivalents at end of fiscal period	3,108,141	100,732
Supplemental disclosure of cash flow information
Interest	34,991	41,756
Income taxes	5,775	(247)
Franchise taxes	231	184
Other taxes	492	539
Supplemental schedule of non-cash investing activities
Loans and leases to foreclosed real estate and repossessed assets	5,983	105
Loans and leases to rental equipment	(573)	229
Rental equipment to loan and leases	691	0
Loans and leases to held for sale	325,092	39,452
Other assets to held for sale	7,858	0
Deposits to held for sale	288,975	0
Recognition of operating lease ROU assets, net of remeasurements	27,019	0
Purchases - available for sale	0	1,721
Short- and long-term borrowings transferred from other liabilities	$ 0	$ 20,026

BASIS OF PRESENTATION	9 Months Ended
BASIS OF PRESENTATION	Jun. 30, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
BASIS OF PRESENTATION	BASIS OF PRESENTATION The interim unaudited Condensed Consolidated Financial Statements contained herein should be read in conjunction with the audited consolidated financial statements and accompanying notes to the consolidated financial statements for the fiscal year ended September 30, 2019 included in Meta Financial Group, Inc.’s (“Meta” or the “Company”) Annual Report on Form 10-K filed with the Securities and Exchange Commission (“SEC”) on November 26, 2019. Accordingly, footnote disclosures which would substantially duplicate the disclosures contained in the audited consolidated financial statements have been omitted. The financial information of the Company included herein has been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) for interim financial reporting and has been prepared pursuant to the rules and regulations for reporting on Form 10-Q and Rule 10-01 of Regulation S-X. Such information reflects all adjustments (consisting of normal recurring adjustments) that are, in the opinion of management, necessary for a fair presentation of the financial position and results of operations for the periods presented. The results of the three and nine months ended June 30, 2020 are not necessarily indicative of the results expected for the fiscal year ending September 30, 2020. Certain prior year amounts have been reclassified to conform to the current year financial statement presentation. These changes and reclassifications did not impact previously reported net income or comprehensive income.

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND RECENTLY ADOPTED ACCOUNTING STANDARDS UPDATES ("ASU")	9 Months Ended
	Jun. 30, 2020
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND RECENTLY ADOPTED ACCOUNTING STANDARDS UPDATES (ASU)	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND RECENTLY ADOPTED ACCOUNTING STANDARDS UPDATES ("ASU") Significant accounting policies in effect and disclosed within the Company’s most recent audited consolidated financial statements as of September 30, 2019 remain substantially unchanged with the exception of the policies impacted by the adoption of noted ASUs below. Certain accounting policies were impacted by the events of the novel Coronavirus ("COVID-19"), and are discussed in Note 3. Significant Events. Adopted ASUs Leases -- The Company adopted ASU 2016-02, Leases (Topic 842), and subsequent related updates (collectively ASU 2016-02) on October 1, 2019, which requires lessees to recognize most leases on their balance sheet. Lessor accounting is largely unchanged. The ASU requires both quantitative and qualitative disclosures regarding key information about lease arrangements from both lessees and lessors. The Company elected the effective date transition method utilizing the adoption date as the first date of application of the revised guidance. As a result, prior period amounts have not been restated. Upon adoption, the Company elected certain transitional practical expedients offered through the guidance, including the 'package of practical expedients' whereby it did not reassess (i) whether any expired or existing contracts contain leases, (ii) the lease classification of any expired or existing leases, and (iii) initial direct costs for any existing leases, which resulted in the Company not recognizing a cumulative effect adjustment to retained earnings. Management evaluated Meta’s leasing contracts and activities and developed methodologies and processes to estimate and account for the right-of-use ("ROU") assets and lease liabilities for building leases based on the present value of future lease payments. On October 1, 2019, the Company recorded ROU assets and lease liabilities totaling $27.4 million and $28.6 million, respectively. The impact to capital ratios as a result of increased risk-weighted assets was immaterial. The adoption of this guidance did not result in a material change to lessee expense recognition. The changes to lessor accounting, as well as change in customer behavior driven by the adoption of these ASUs, impact the results of Meta’s lease financing businesses, including earlier recognition of expense due to a narrower definition of initial direct costs. As a lessee, the Company enters into contracts to lease real estate, information technology equipment and other various types of equipment. Leases that transfer substantially all of the benefits and risks of ownership to the Company are classified as finance leases, while all others are classified as operating leases. At lease commencement for buildings, a lease liability and ROU asset are calculated and recognized on both types of leases. The lease liability is equal to the present value of the future minimum lease payments. The ROU asset is equal to the lease liability, plus any initial direct costs and prepaid lease payments, less any lessor incentives received. Operating lease ROU assets are included in other assets and finance lease ROU assets are included in premises and equipment, net. The Company uses the appropriate term Federal Home Loan Bank ("FHLB") rate to determine the discount rate for the present value calculation of future minimum lease payments when an implicit rate is not known for a given lease. The lease term used in the calculation includes any options to extend that the Company is reasonably certain to exercise. The Company has elected to not recognize assets or liabilities on its balance sheet related to short-term leases. Subsequent to lease commencement, lease liabilities recorded for finance leases are measured using the effective interest rate method and the related ROU assets are amortized on a straight-line basis over the lease term. Interest expense and amortization expense are recorded separately on the Condensed Consolidated Statements of Operations in interest expense on borrowings and occupancy and equipment noninterest expense, respectively. At June 30, 2020, the Company had no finance lease ROU assets or lease liabilities. For operating leases, total lease cost is comprised of lease expense, short-term lease cost, variable lease cost and sublease income. Lease expense includes future minimum lease payments, which are recognized on a straight-line basis over the lease term, as well as common area maintenance charges, real estate taxes, insurance and other expenses, where applicable, which are expensed as incurred. Total lease cost for operating leases is recorded in occupancy and equipment noninterest expense. See Note 11. Operating Lease Right-of-Use Assets and Liabilities for further information. The Company also adopted the following ASUs on October 1, 2019, none of which had a material impact on the Company’s Condensed Consolidated Financial Statements: –ASU 2018-02, Income Statement -- Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income. The Company elected to not reclassify tax effects stranded in accumulated other comprehensive income. –ASU 2018-09, Codification Improvements. ASUs to be Adopted ASU 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments. This ASU, along with subsequent ASUs published as clarifications to Topic 326, requires entities to replace the incurred loss impairment methodology with a methodology reflecting expected credit losses with considerations for a broader range of reasonable and supportable information to substantiate credit loss estimates and applies to loans, net investments in leases, debt securities, certain financial assets not accounted for at fair value through net income, and certain off-balance sheet credit exposures. This ASU is effective for the Company on October 1, 2020 and will be adopted on a modified retrospective basis through a cumulative-effect adjustment to retained earnings as of the beginning of the year of adoption. The Company's implementation process includes loss forecasting model development, evaluation of technical accounting topics, updates to the Company's allowance documentation, reporting processes and related internal controls, and operational readiness for the adoption of this ASU. The Company is utilizing a third-party vendor software for its credit loss estimate and is in process of reviewing model assumptions and other validation tasks. The Company is running its key processes parallel with current incurred loss models and will continue to refine its estimates throughout 2020 as CECL models are implemented and results are vetted. The amount of the change in the Company's allowance for loan and lease losses will be impacted by the portfolio composition and credit quality at the adoption date as well as economic conditions and forecasts at that time. At adoption, the Company expects to have a cumulative-effect adjustment to retained earnings for the change in the allowance for loan and lease losses, which will impact capital. Federal banking regulations permit institutions to limit the initial capital impact of this ASU by allowing a deferral of two years followed by three-year transition period to phase out the cumulative benefit to regulatory capital. An increase in the Company's allowance for loan and lease losses will result in a reduction to regulatory capital amounts and ratios; however, at this point of implementation, the Company is unable to provide a more precise estimate of the impact as results are still being vetted, including validation of model assumptions and estimation techniques as well as the build-out of operational and control structure supporting the end-to-end process. Other Upcoming ASUs - Refer to the Company’s most recently audited consolidated financial statements for the year ended September 30, 2019 for the latest update on other ASUs relevant to the Company and not yet adopted at June 30, 2020.

SIGNIFICANT EVENTS

9 Months Ended

Jun. 30, 2020

Commitments and Contingencies Disclosure [Abstract]

SIGNIFICANT EVENTS

COVID-19 Pandemic

The COVID-19 pandemic began impacting the U.S. and global economies in the first calendar quarter of 2020. In March 2020, the U.S. declared a national emergency and imposed travel restrictions, limitations of business operations in certain industries, and other efforts in order to impede the spread of COVID-19. Since the onset of this pandemic, macroeconomic conditions and markets have significantly deteriorated. While the process of phased re-openings of the economies of many states began in May and June, COVID-19 continues to have a significant effect on individuals, businesses and the economy. In response to the impacts of COVID-19, the U.S. federal government enacted the Coronavirus Aid, Relief, and Economic Security Act ("CARES Act") on March 27, 2020. The goal of the CARES Act is to prevent a severe economic downturn through various measures, including direct financial aid to American families and economic stimulus to significantly impacted industry sectors.

Accommodations to Borrowers

The Company is participating in the Paycheck Protection Program ("PPP"), which is being administered by the Small Business Administration ("SBA"). It is the Company's understanding that loans funded through the PPP program are fully guaranteed by the U.S. government and that a portion of these loans will ultimately be forgiven by the SBA in accordance with the terms of the program. See Note 6. Loans and Leases, Net for further information related to this program.

In response to the COVID-19 pandemic impact on customers, the Company is engaging in more frequent communication with borrowers to better understand their situation and challenges and has been offering credit-worthy borrowers experiencing temporary hardship certain loan and lease modifications ("COVID modifications"), such as payment deferrals, as a result of interagency guidance issued on March 22, 2020 encouraging companies to work with customers impacted by COVID-19. The Company elected to treat COVID modifications on leases as part of the enforceable rights and obligations of the parties under the existing lease contract, resulting in these payment deferrals being treated as variable lease payments under the existing lease versus lease modifications. Additionally, for COVID modifications on loans, the Company adjusted its effective interest rate to reflect the payment deferral modification and continued accruing interest during this period. Short-term modifications made on a good faith basis in response to COVID-19 borrowers whose payments were current prior to any relief, are not to be considered troubled debt restructurings, and will not be considered delinquent so long as they meet their revised obligations in the modification agreement.

Through June 30, 2020, the Company has granted deferral payments on a total of $352.1 million of loan, lease and rental equipment balances. As of June 30, 2020, $292.2 million of those balances were still in their deferment period. In addition, the Company has made other COVID-19 related modifications on a total of $52.9 million, of which $34.6 million are still active as of June 30, 2020. The majority of the other modifications were related to adjusting the type or amount of the customer's payments.

The table below presents the outstanding balance of active COVID-19 related modifications by type and category as of June 30, 2020.


	June 30, 2020
(Dollars in Thousands)	COVID-19 Related Payment Deferrals		Other COVID-19 Related Modifications
National Lending
Term lending	$	88,227	$	—
Asset based lending	324		17,333
Factoring	3,564		17,295
Lease financing	27,310		—
Insurance premium finance	5,505		—
SBA/USDA	7,724		—
Other commercial finance	74		—
Commercial finance	132,728		34,628
Consumer credit products	462		—
Other consumer finance	6,855		—
Consumer finance	7,317		—


Total National Lending	140,045		34,628
Community Banking
Commercial real estate and operating	148,838		—
Consumer one-to-four family real estate and other	2,534		—

Total Community Banking	151,372		—
Total loans and leases	291,417		34,628
Rental equipment	819		—
Total COVID-19 related modifications	$	292,236	$	34,628

Financial Impact

The Company recorded $15.1 million in provision expense during the three months ended June 30, 2020, compared to $9.1 million for the comparable period in the prior year. The increase in provision was primarily within the remaining community banking and commercial finance portfolios and was attributable to the increased stress that the hospitality loans and small ticket loan and lease relationships have experienced stemming from the ongoing uncertainty related to the COVID-19 pandemic. Loans and leases that received short-term payment deferrals were also analyzed and additional provision was applied as appropriate. As the Company obtains additional information on the macroeconomic reactions and impact on borrowers, the provision estimate will be revised as necessary in future periods to maintain an appropriate and supportable level. The Company’s approach to estimating the COVID-19 impact on credit quality is presented in Note 6. Loans and Leases, Net.

The Company's interest and fee income could be reduced as a result of COVID-19. While interest and fees will continue to accrue in accordance with GAAP, a decrease in loan demand could lead to slower loan growth or even a contraction in loan balances in the near term. In addition, should eventual credit losses emerge, interest income and fees accrued may need to be reversed in future periods. At this time, the Company is unable to project the materiality of such an impact. While the Company has seen a slight contraction in loan balances in some categories during the third quarter of fiscal 2020, such as asset-based lending and factoring, other categories have continued to grow. No additional significant financial impacts directly related to COVID-19 were identified for the nine months ended June 30, 2020.

Asset Valuation

In June 2020, the Company assessed its financial assets potentially impacted by the deteriorating market conditions due to the COVID-19 outbreak occurring globally. Included in the assessment were the loan and lease portfolios, other-than-temporary impairment ("OTTI") in investment portfolios, collectability of operating lease payments, goodwill impairment and intangible asset impairment. Based on the known events and circumstances at the time of the assessment, the Company has determined no impairment is needed as of June 30, 2020, other than the provision for loan and lease losses noted above. The Company will continue to observe and monitor the pandemic-related circumstances to determine whether further impairment assessments are needed in future periods. In the event it is determined that all or a portion of its goodwill or intangible assets is impaired, a non-cash charge for the amount of such impairment would be recorded to earnings, but would not impact regulatory capital.

DIVESTITURES

9 Months Ended

Jun. 30, 2020

Discontinued Operations and Disposal Groups [Abstract]

DIVESTITURES

On February 29, 2020 (the "Closing Date"), the Company sold MetaBank's Community Bank division, a component of the Company's Corporate segment, to Central Bank, a state-chartered bank headquartered in Storm Lake, Iowa. The sale included all of the Community Bank's deposits, branch locations, fixed assets and employees and a portion of the Community Bank’s loan portfolio. The Company has summarized the results of the transaction below.


(Dollars in Thousands)	Fair Value at February 29, 2020
Cash and cash equivalents	$	2,504
Loans	268,584
Premises, furniture and equipment	4,945
Other assets	1,250
Total assets	$	277,283

Deposits	$	290,493
Borrowings	—
Other liabilities	1,720
Total liabilities	$	292,213

Net assets	$	(14,930)
Purchase price	4,345
Gain on sale	$	19,275

The $19.3 million gain on sale (before tax) was recognized within noninterest income on the Company's Condensed Consolidated Statement of Operations for the three and nine months ended June 30, 2020. In addition to what's reflected above, the Company also recognized $0.6 million, $0.2 million, $0.8 million, and $0.3 million in legal, IT, consulting, and nonrecurring compensation expenses related to the sale of the Community Bank division, respectively.

The Company entered a servicing agreement with Central Bank for the retained Community Bank loan portfolio that became effective on the Closing Date. The Company recognized $1.4 million in servicing fee expense during the nine months ended June 30, 2020.

On August 4, 2020, the Company sold an additional $58.6 million of the retained Community Bank portfolio to Central Bank. The sale did not result in any material gain to the Company. The loans included in the sale were classified as held for sale for the quarter ended June 30, 2020. See Note 6. Loans and Leases, Net, and Note 19. Subsequent Events, for additional information.

The Company has summarized the Community Bank division results for the three and nine months ended June 30, 2020 below.


(Dollars in Thousands)	Community Bank Sold⁽¹⁾		Community Bank Retained⁽²⁾		Total Community Bank
Three Months Ended June 30, 2020
Net interest income	$	—	$	7,955	$	7,955
(Reversal) Provision for loan and lease losses	(491)		7,547		7,056
Noninterest income	—		11		11
Noninterest expense	39		1,562		1,601
Net income (loss) before income tax expense	$	452	$	(1,143)	$	(691)
Nine Months Ended June 30, 2020
Net interest income	$	2,512	$	25,348	$	27,860
(Reversal) Provision for loan and lease losses	(2,241)		14,521		12,280
Noninterest income	19,694		(3,473)		16,221
Noninterest expense	4,955		5,113		10,068
Net income (loss) before income tax expense	$	19,492	$	2,241	$	21,733

⁽¹⁾ Reflects the activity of the assets and liabilities included in the disposal of the Community Bank division through June 30, 2020.

⁽²⁾ Reflects the activity of the retained Community Bank loan portfolio as of June 30, 2020.

SECURITIES

9 Months Ended

Jun. 30, 2020

Investments, Debt and Equity Securities [Abstract]

SECURITIES

The amortized cost, gross unrealized gains and losses and estimated fair values of available for sale ("AFS") and held to maturity ("HTM") debt securities are presented below.


(Dollars in Thousands)	Amortized Cost		Gross Unrealized Gains		Gross Unrealized (Losses)		Fair Value
At June 30, 2020
Debt securities AFS
SBA securities	$	165,299	$	5,109	$	(141)	$	170,267
Obligations of states and political subdivisions	826		17		—		843
Non-bank qualified obligations of states and political subdivisions	327,423		4,803		(902)		331,324
Asset-backed securities	334,075		1,575		(12,505)		323,145
Mortgage-backed securities	325,025		13,381		(156)		338,250
Total debt securities AFS	$	1,152,648	$	24,885	$	(13,704)	$	1,163,829


(Dollars in Thousands)	Amortized Cost		Gross Unrealized Gains		Gross Unrealized (Losses)		Fair Value
At September 30, 2019
Debt securities AFS
SBA securities	$	182,327	$	3,655	$	—	$	185,982
Obligations of states and political subdivisions	858		16		—		874
Non-bank qualified obligations of states and political subdivisions	396,430		5,030		(903)		400,557
Asset-backed securities	305,603		262		(3,331)		302,534
Mortgage-backed securities	378,670		5,731		(1,855)		382,546
Total debt securities AFS	$	1,263,888	$	14,694	$	(6,089)	$	1,272,493


(Dollars in Thousands)	Amortized Cost		Gross Unrealized Gains		Gross Unrealized (Losses)		Fair Value
At June 30, 2020
Debt securities HTM
Non-bank qualified obligations of states and political subdivisions	$	98,205	$	133	$	(1,016)	$	97,322
Mortgage-backed securities	6,382		128		—		6,510
Total debt securities HTM	$	104,587	$	261	$	(1,016)	$	103,832


(Dollars in Thousands)	Amortized Cost		Gross Unrealized Gain		Gross Unrealized (Losses)		Fair Value
At September 30, 2019
Debt securities HTM
Non-bank qualified obligations of states and political subdivisions	$	127,582	$	108	$	(1,403)	$	126,287
Mortgage-backed securities	7,182		14		(13)		7,183
Total debt securities HTM	$	134,764	$	122	$	(1,416)	$	133,470

Management has implemented processes to identify securities that could potentially have a credit impairment that is other-than-temporary. This process can include, but is not limited to, evaluating the length of time and extent to which the fair value has been less than the amortized cost basis, reviewing available information regarding the financial position of the issuer, interest and dividend payment status, monitoring the rating of the security, monitoring changes in value, and projecting cash flows. Management also determines whether the Company intends to sell a security or whether it is more likely than not the Company will be required to sell the security before the recovery of its amortized cost which, in some cases, may extend to maturity. To the extent the Company determines that a security is deemed to be other-than-temporarily impaired, an impairment loss is recognized.

For all securities considered temporarily impaired, the Company does not intend to sell these securities, and it is not more likely than not that the Company will be required to sell the security before recovery of its amortized cost, which may occur at maturity. The Company believes collection will occur for all principal and interest due on all investments with amortized cost in excess of fair value and considered only temporarily impaired.

GAAP requires that, at acquisition, an enterprise classify debt securities into one of three categories: AFS, HTM or trading. AFS securities are carried at fair value on the consolidated statements of financial condition, and unrealized holding gains and losses are excluded from earnings and recognized as a separate component of equity in accumulated other comprehensive income (“AOCI”). HTM debt securities are measured at amortized cost. Both AFS and HTM are subject to review for other-than-temporary impairment. The Company had no trading securities at June 30, 2020 or September 30, 2019.

Gross unrealized losses and fair value, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, were as follows:


	LESS THAN 12 MONTHS						OVER 12 MONTHS						TOTAL
(Dollars in Thousands)	Fair Value		Unrealized (Losses)		Fair Value		Unrealized (Losses)		Fair Value		Unrealized (Losses)
At June 30, 2020
Debt securities AFS
SBA securities	$	34,402	$	(141)	$	—	$	—	$	34,402	$	(141)

Non-bank qualified obligations of states and political subdivisions	46,805		(279)		40,425		(623)		87,230		(902)
Asset-backed securities	103,915		(2,423)		178,986		(10,082)		282,901		(12,505)
Mortgage-backed securities	32,214		(156)		—		—		32,214		(156)
Total debt securities AFS	$	217,336	$	(2,999)	$	219,411	$	(10,705)	$	436,747	$	(13,704)


	LESS THAN 12 MONTHS						OVER 12 MONTHS						TOTAL
(Dollars in Thousands)	Fair Value		Unrealized (Losses)		Fair Value		Unrealized (Losses)		Fair Value		Unrealized (Losses)
At September 30, 2019
Debt securities AFS
SBA securities	$	10,262	$	—	$	—	$	—	$	10,262	$	—

Non-bank qualified obligations of states and political subdivisions	66,326		(177)		55,428		(726)		121,754		(903)
Asset-backed securities	158,176		(1,823)		93,259		(1,508)		251,435		(3,331)
Mortgage-backed securities	1,713		(1)		89,634		(1,854)		91,347		(1,855)
Total debt securities AFS	$	236,477	$	(2,001)	$	238,321	$	(4,088)	$	474,798	$	(6,089)


	LESS THAN 12 MONTHS						OVER 12 MONTHS						TOTAL
(Dollars in Thousands)	Fair Value		Unrealized (Losses)		Fair Value		Unrealized (Losses)		Fair Value		Unrealized (Losses)
At June 30, 2020
Debt securities HTM
Non-bank qualified obligations of states and political subdivisions	$	—	$	—	$	83,207	$	(1,016)	$	83,207	$	(1,016)

Total debt securities HTM	$	—	$	—	$	83,207	$	(1,016)	$	83,207	$	(1,016)


	LESS THAN 12 MONTHS						OVER 12 MONTHS						TOTAL
(Dollars in Thousands)	Fair Value		Unrealized (Losses)		Fair Value		Unrealized (Losses)		Fair Value		Unrealized (Losses)
At September 30, 2019
Debt securities HTM
Non-bank qualified obligations of states and political subdivisions	$	5,967	$	(6)	$	109,368	$	(1,397)	$	115,335	$	(1,403)
Mortgage-backed securities	1,471		—		1,803		(13)		3,274		(13)
Total debt securities HTM	$	7,438	$	(6)	$	111,171	$	(1,410)	$	118,609	$	(1,416)

At June 30, 2020, the investment portfolio included securities with current unrealized losses that have existed for longer than one year. All of these securities are considered to be acceptable credit risks. Because (i) the declines in fair value were due to changes in market interest rates, not in estimated cash flows, (ii) the Company does not intend or has not made a decision to sell these securities and (iii) it is not more likely than not that the Company will be required to sell the securities before recovery of their amortized cost basis, which may occur at maturity, no other-than-temporary impairment was recorded at June 30, 2020.

The amortized cost and fair value of debt securities by contractual maturity are shown below. Certain securities have call features that allow the issuer to call the security prior to maturity. Expected maturities may differ from contractual maturities in mortgage-backed securities ("MBS") because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. Therefore, MBS are not included in the maturity categories in the following maturity summary. The expected maturities of certain SBA securities may differ from contractual maturities because the borrowers may have the right to prepay the obligation. However, certain prepayment penalties may apply.


Securities AFS at Fair Value	Amortized Cost		Fair Value
(Dollars in Thousands)
At June 30, 2020
Due in one year or less	$	1,130	$	1,133
Due after one year through five years	12,688		13,205
Due after five years through ten years	44,891		47,174
Due after ten years	768,914		764,067
	827,623		825,579
Mortgage-backed securities	325,025		338,250
Total securities AFS, at fair value	$	1,152,648	$	1,163,829


(Dollars in Thousands)	Amortized Cost		Fair Value
At September 30, 2019
Due in one year or less	$	—	$	—
Due after one year through five years	16,749		17,143
Due after five years through ten years	50,263		51,840
Due after ten years	818,206		820,964
	885,218		889,947
Mortgage-backed securities	378,670		382,546
Total securities AFS, at fair value	$	1,263,888	$	1,272,493


Securities HTM at Fair Value	Amortized Cost		Fair Value
(Dollars in Thousands)
At June 30, 2020



Due after ten years	$	98,205	$	97,322
	98,205		97,322
Mortgage-backed securities	6,382		6,510
Total securities HTM, at cost	$	104,587	$	103,832


(Dollars in Thousands)	Amortized Cost		Fair Value
At September 30, 2019



Due after ten years	$	127,582	$	126,287
	127,582		126,287
Mortgage-backed securities	7,182		7,183
Total securities HTM, at cost	$	134,764	$	133,470

Other investments, at cost, include equity securities without a readily determinable fair value, which are included in other assets on the consolidated statement of financial condition, and shares of stock in the Federal Reserve Bank ("FRB") of Minneapolis and the FHLB of Des Moines. Equity securities without a readily determinable fair value totaled $11.0 million at June 30, 2020 and $6.5 million at September 30, 2019. Upon conversion to a national bank on April 1, 2020, the Company's wholly-owned subsidiary, MetaBank, is required by federal law to subscribe to capital stock (divided into shares of $100 each) as a member of the FRB of Minneapolis with an amount equal to six per centum of the paid-up capital stock and surplus. One-half of the subscription is paid at time of application, and one-half is subject to call of the Board of Governors of the Federal Reserve System. FRB of Minneapolis stock held by MetaBank at June 30, 2020 totaled $20.0 million. These equity securities are 'restricted' in that they can only be owned by member banks. FHLB of Des Moines stock held by MetaBank at June 30, 2020 and September 30, 2019 totaled $11.9 million and $30.9 million, respectively. The decrease in FHLB stock directly correlates with lower short-term borrowings balances at June 30, 2020 compared to September 30, 2019. The Company’s wholly-owned subsidiary, MetaBank, is required by federal law to maintain FHLB stock as a member of FHLB of Des Moines. These equity securities are ‘restricted’ in that they can only be sold back to the respective institution from which they were acquired or another member institution at par. Therefore, FRB and FHLB stocks are less liquid than other marketable equity securities, and the fair value approximates cost. The Company evaluates impairment for investments held at cost on at least an annual basis based on the ultimate recoverability of the par value. No impairment was recognized for such investments for the nine months ended June 30, 2020.

LOANS AND LEASES, NET

9 Months Ended

Jun. 30, 2020

Loans and Leases Receivable Disclosure [Abstract]

LOANS AND LEASES, NET

Loans and leases consist of the following:


(Dollars in Thousands)	June 30, 2020		September 30, 2019
National Lending
Term lending⁽¹⁾	$	738,454	$	641,742
Asset based lending⁽¹⁾	181,130		250,465
Factoring	206,361		296,507
Lease financing⁽¹⁾	264,988		177,915
Insurance premium finance	359,147		361,105
SBA/USDA	308,611		88,831
Other commercial finance	100,214		99,665
Commercial finance	2,158,905		1,916,230
Consumer credit products	102,808		106,794
Other consumer finance	138,777		161,404
Consumer finance	241,585		268,198
Tax services	19,168		2,240
Warehouse finance	277,614		262,924
Total National Lending	2,697,272		2,449,592
Community Banking
Commercial real estate and operating	608,303		883,932
Consumer one-to-four family real estate and other	166,479		259,425
Agricultural real estate and operating	24,655		58,464
Total Community Banking	799,437		1,201,821
Total loans and leases	3,496,709		3,651,413
Net deferred loan origination fees (costs)	5,937		7,434
Total gross loans and leases	3,502,646		3,658,847

Allowance for loan and lease losses	(65,747)		(29,149)
Total loans and leases, net⁽²⁾	$	3,436,899	$	3,629,698

⁽¹⁾ The Company has updated the presentation of its loan and lease table beginning in the fiscal 2020 first quarter. The new presentation includes a new category called term lending. Certain balances previously included in the asset based lending and lease financing categories have been reclassified into the new term lending category during the fiscal 2020 first quarter. Prior period balances have been conformed to the new presentation.

⁽²⁾ As of June 30, 2020, the remaining balance of acquired loans and leases from the acquisition of Crestmark Bancorp, Inc. ("Crestmark") and its bank subsidiary, Crestmark Bank (the "Crestmark Acquisition") was $188.3 million and the remaining balances of the credit and interest rate mark discounts related to the acquired loans and leases held for investment were $3.4 million and $2.9 million, respectively. On August 1, 2018, the Company acquired loans and leases from the Crestmark Acquisition totaling $1.06 billion and recorded related credit and interest rate mark discounts of $12.3 million and $6.0 million, respectively.

During the nine months ended June 30, 2020, the Company transferred $325.1 million of Community Banking loans to held for sale. During the nine months ended June 30, 2019, the Company transferred $39.5 million of consumer credit product loans to held for sale.

During the nine months ended June 30, 2020 and 2019, the Company originated $63.4 million and $104.1 million, respectively, of SBA/USDA and consumer credit product loans as held for sale.

The Company sold held for sale loans resulting in proceeds of $440.5 million and gains on sale of $7.0 million during the nine months ended June 30, 2020. The Company sold held for sale loans resulting in proceeds of $95.7 million and gains on sale of $3.7 million during the nine months ended June 30, 2019.

Loans purchased and sold by portfolio segment, including participation interests, for the three and nine months ended were as follows:


	Three Months Ended June 30,						Nine Months Ended June 30,
(Dollars in Thousands)	2020		2019		2020		2019
Loans Purchased
Loans held for sale:
Total National Lending	$	—	$	6,703	$	—	$	12,643

Loans held for investment:
Total National Lending	—		72,737		103,888		198,328
Total Community Banking	2,728		2,710		16,518		21,223
Total purchases	$	2,728	$	82,150	$	120,406	$	232,194
Loans Sold
Loans held for sale:
Total National Lending	$	8,524	$	57,661	$	168,814	$	92,565
Total Community Banking	—		—		271,681		—
Loans held for investment:

Total Community Banking	—		2,212		3,099		13,069
Total sales	$	8,524	$	59,873	$	443,594	$	105,634

Leasing Portfolio

Effective October 1, 2019, the Company adopted ASU 2016-02, Leases (Topic 842) and related ASUs on a modified retrospective basis, electing the practical expedients and optional transition method. As such, the following leasing disclosures include information at, or for the three and nine months ended, June 30, 2020.

The net investment in direct financing and sales-type leases was comprised of the following:


(Dollars in Thousands)	June 30, 2020		September 30, 2019
Carrying Amount	$	283,003	$	191,733
Unguaranteed residual assets	16,662		13,353
Unamortized initial direct costs	1,967		1,790
Unearned income	(34,677)		(27,171)
Total net investment in direct financing and sales-type leases	$	266,955	$	179,705

The carrying amount of direct financing and sales-type leases subject to residual value guarantees was $9.0 million at June 30, 2020.

The components of total lease income were as follows:


	June 30, 2020
(Dollars in Thousands)	Three Months Ended		Nine Months Ended
Interest income - loans and leases
Interest income on net investments in direct financing and sales-type leases	$	4,496	$	12,958

Leasing and equipment finance noninterest income
Lease income from operating lease payments	11,391		33,857
Profit (loss) recorded on commencement date on sales-type leases	103		590
Other⁽¹⁾	554		3,135
Total leasing and equipment finance noninterest income	12,048		37,582
Total lease income	$	16,544	$	50,540

⁽¹⁾ Other leasing and equipment finance noninterest income consists of gains (losses) on sales of leased equipment, fees and service charges on leases and gains (losses) on sales of leases.

Undiscounted future minimum lease payments receivable for direct financing and sales-type leases and a reconciliation to the carrying amount recorded were as follows:


(Dollars in Thousands)
Remaining in 2020	$	25,308
2021	95,008
2022	74,899
2023	49,197
2024	29,178
Thereafter	9,413
Equipment under leases not yet commenced
Total undiscounted future minimum lease payments receivable for direct financing and sales-type leases	283,003
Third-party residual value guarantees	—
Total carrying amount of direct financing and sales-type leases	$	283,003

The Company did not record any contingent rental income from direct financing and sales-type leases in the nine months ended June 30, 2020.

During the Company's fiscal 2020 second quarter, the COVID-19 pandemic began impacting global and US markets and macroeconomic conditions, and continues to have an impact. Although the ultimate impact of the pandemic on the Company's loan and lease portfolio is difficult to predict, management performed an evaluation of the loan and lease portfolio in order to assess the impact on repayment sources and underlying collateral that could result in additional losses. The framework for the analysis was based on the Company's then-current allowance for loan and lease losses ("ALLL") methodology with additional considerations. From this impact assessment, additional reserve levels were estimated by increasing qualitative factors. The additional reserves were estimated for loans that were granted short-term payment deferrals related to financial stress stemming from the COVID-19 pandemic along with other loans within certain industries that were considered higher risk for credit loss (e.g. transportation, hospitality, travel, entertainment and retail). The Company continues to assess the impact to our customers and businesses as a result of COVID-19 and will refine our estimate as more information becomes available.

Based on the Company's ongoing assessment of the COVID-19 pandemic, the Company recognized an additional provision for loan and lease losses of $9.4 million and $25.2 million during the three and nine months ended June 30, 2020, respectively. The Company will continue to assess the impact to their customers and businesses as a result of COVID-19 and refine their estimate as more information becomes available.

Activity in the allowance for loan and lease losses and balances of loans and leases by portfolio segment for each of the three and nine months ended was as follows:


	Three Months Ended June 30, 2020
(Dollars in Thousands)	Beginning balance		Provision (recovery) for loan and lease losses		Charge-offs		Recoveries		Ending balance
Allowance for loan and lease losses:
National Lending
Term lending	$	11,647	$	5,672	$	(2,831)	$	25	$	14,513
Asset based lending	2,826		(953)		(42)		—		1,831
Factoring	4,444		(1,997)		(140)		362		2,669
Lease financing	2,683		4,293		(357)		91		6,710
Insurance premium finance	2,142		596		(736)		367		2,369
SBA/USDA	1,558		716		(1,134)		—		1,140
Other commercial finance	552		(381)		—		—		171
Commercial finance	25,852		7,946		(5,240)		845		29,403
Consumer credit products	1,082		(111)		—		—		971
Other consumer finance	3,414		358		(567)		44		3,249
Consumer finance	4,496		247		(567)		44		4,220
Tax services	21,320		(100)		(9,797)		14		11,437
Warehouse finance	334		(56)		—		—		278
Total National Lending	52,002		8,037		(15,604)		903		45,338
Community Banking
Commercial real estate and operating	10,069		6,688		—		—		16,757
Consumer one-to-four family real estate and other	2,350		586		—		—		2,936
Agricultural real estate and operating	934		(218)		—		—		716
Total Community Banking	13,353		7,056		—		—		20,409
Total	$	65,355	$	15,093	$	(15,604)	$	903	$	65,747


	Nine Months Ended June 30, 2020
(Dollars in Thousands)	Beginning balance		Provision (recovery) for loan and lease losses		Charge-offs		Recoveries		Ending balance
Allowance for loan and lease losses:
National Lending
Term lending	$	5,533	$	14,753	$	(6,003)	$	230	$	14,513
Asset based lending	2,437		(611)		(42)		47		1,831
Factoring	3,261		(509)		(875)		792		2,669
Lease financing	1,275		5,841		(725)		319		6,710
Insurance premium finance	1,024		2,671		(1,809)		483		2,369
SBA/USDA	383		2,007		(1,250)		—		1,140
Other commercial finance	683		(512)		—		—		171
Commercial finance	14,596		23,640		(10,704)		1,871		29,403
Consumer credit products	1,044		(73)		—		—		971
Other consumer finance	5,118		(474)		(2,208)		813		3,249
Consumer finance	6,162		(547)		(2,208)		813		4,220
Tax services	—		20,407		(9,797)		827		11,437
Warehouse finance	263		15		—		—		278
Total National Lending	21,021		43,515		(22,709)		3,511		45,338
Community Banking
Commercial real estate and operating	6,208		10,549		—		—		16,757
Consumer one-to-four family real estate and other	1,053		1,883		—		—		2,936
Agricultural real estate and operating	867		(151)		—		—		716
Total Community Banking	8,128		12,281		—		—		20,409
Total	$	29,149	$	55,796	$	(22,709)	$	3,511	$	65,747


	Three Months Ended June 30, 2019
(Dollars in Thousands)	Beginning balance		Provision (recovery) for loan and lease losses		Charge-offs		Recoveries		Ending balance
Allowance for loan and lease losses:
National Lending
Term lending	$	3,121	$	2,564	$	(1,969)	$	45	$	3,761
Asset based lending	1,410		417		(37)		3		1,793
Factoring	1,761		2,747		(1,335)		31		3,204
Lease financing	933		(309)		(110)		158		672
Insurance premium finance	919		201		(275)		171		1,016
SBA/USDA	474		449		—		—		923
Other commercial finance	525		432		—		—		957
Commercial finance	9,143		6,501		(3,726)		408		12,326
Consumer credit products	1,314		142		—		—		1,456
Other consumer finance	5,130		1,890		(1,398)		28		5,650
Consumer finance	6,444		2,032		(1,398)		28		7,106
Tax services	24,102		914		(9,627)		36		15,425
Warehouse finance	185		65		—		—		250
Total National Lending	39,874		9,512		(14,751)		472		35,107
Community Banking
Commercial real estate and operating	6,673		(249)		—		—		6,424
Consumer one-to-four family real estate and other	958		(65)		—		—		893
Agricultural real estate and operating	1,167		(86)		—		—		1,081
Total Community Banking	8,798		(400)		—		—		8,398
Total	$	48,672	$	9,112	$	(14,751)	$	472	$	43,505


	Nine Months Ended June 30, 2019
(Dollars in Thousands)	Beginning balance		Provision (recovery) for loan and lease losses		Charge-offs		Recoveries		Ending balance
Allowance for loan and lease losses:
National Lending
Term lending	$	89	$	4,928	$	(2,751)	$	1,495	$	3,761
Asset based lending	47		1,775		(37)		8		1,793
Factoring	64		5,769		(2,711)		82		3,204
Lease financing	30		1,039		(1,052)		655		672
Insurance premium finance	1,031		2,091		(2,359)		253		1,016
SBA/USDA	13		910		—		—		923
Other commercial finance	28		929		—		—		957
Commercial finance	1,302		17,441		(8,910)		2,493		12,326
Consumer credit products	785		671		—		—		1,456
Other consumer finance	2,820		8,249		(5,477)		58		5,650
Consumer finance	3,605		8,920		(5,477)		58		7,106
Tax services	—		24,883		(9,670)		212		15,425
Warehouse finance	65		185		—		—		250
Total National Lending	4,972		51,429		(24,057)		2,763		35,107
Community Banking
Commercial real estate and operating	6,220		204		—		—		6,424
Consumer one-to-four family real estate and other	632		281		(20)		—		893
Agricultural real estate and operating	1,216		(385)		—		250		1,081
Total Community Banking	8,068		100		(20)		250		8,398
Total	$	13,040	$	51,529	$	(24,077)	$	3,013	$	43,505

The following tables provide details regarding the allowance for loan and lease losses and balance by type of allowance:


	Allowance										Loans and Leases
Recorded Investment	Ending balance: individually evaluated for impairment		Ending balance: collectively evaluated for impairment		Total		Ending balance: individually evaluated for impairment		Ending balance: collectively evaluated for impairment		Total
As of June 30, 2020	(Dollars in Thousands)
National Lending
Term lending	$	3,366	$	11,147	$	14,513	$	31,467	$	706,987	$	738,454
Asset based lending	—		1,831		1,831		2,805		178,325		181,130
Factoring	189		2,480		2,669		2,165		204,196		206,361
Lease financing	1,350		5,360		6,710		4,695		260,293		264,988
Insurance premium finance	—		2,369		2,369		—		359,147		359,147
SBA/USDA	241		899		1,140		2,380		306,231		308,611
Other commercial finance	—		171		171		—		100,214		100,214
Commercial finance	5,146		24,257		29,403		43,512		2,115,393		2,158,905
Consumer credit products	—		971		971		—		102,808		102,808
Other consumer finance	—		3,249		3,249		2,177		136,600		138,777
Consumer finance	—		4,220		4,220		2,177		239,408		241,585
Tax services	—		11,437		11,437		—		19,168		19,168
Warehouse finance	—		278		278		—		277,614		277,614
Total National Lending	5,146		40,192		45,338		45,689		2,651,583		2,697,272
Community Banking
Commercial real estate and operating	141		16,616		16,757		419		607,884		608,303
Consumer one-to-four family real estate and other	—		2,936		2,936		177		166,302		166,479
Agricultural real estate and operating	—		716		716		2,437		22,218		24,655
Total Community Banking	141		20,268		20,409		3,033		796,404		799,437
Total	$	5,287	$	60,460	$	65,747	$	48,722	$	3,447,987	$	3,496,709


	Allowance										Loans and Leases
Recorded Investment	Ending balance: individually evaluated for impairment		Ending balance: collectively evaluated for impairment		Total		Ending balance: individually evaluated for impairment		Ending balance: collectively evaluated for impairment		Total
As of September 30, 2019	(Dollars in Thousands)
National Lending
Term lending	$	450	$	5,083	$	5,533	$	19,568	$	622,174	$	641,742
Asset based lending	—		2,437		2,437		378		250,087		250,465
Factoring	1,262		1,999		3,261		3,824		292,683		296,507
Lease financing	112		1,163		1,275		1,213		176,702		177,915
Insurance premium finance	—		1,024		1,024		—		361,105		361,105
SBA/USDA	51		332		383		3,841		84,990		88,831
Other commercial finance	—		683		683		—		99,665		99,665
Commercial finance	1,875		12,721		14,596		28,824		1,887,406		1,916,230
Consumer credit products	—		1,044		1,044		—		106,794		106,794
Other consumer finance	—		5,118		5,118		1,472		159,932		161,404
Consumer finance	—		6,162		6,162		1,472		266,726		268,198
Tax services	—		—		—		—		2,240		2,240
Warehouse finance	—		263		263		—		262,924		262,924
Total National Lending	1,875		19,146		21,021		30,296		2,419,296		2,449,592
Community Banking
Commercial real estate and operating	—		6,208		6,208		258		883,674		883,932
Consumer one-to-four family real estate and other	—		1,053		1,053		100		259,325		259,425
Agricultural real estate and operating	—		867		867		2,985		55,479		58,464
Total Community Banking	—		8,128		8,128		3,343		1,198,478		1,201,821
Total	$	1,875	$	27,274	$	29,149	$	33,639	$	3,617,774	$	3,651,413

In response to the ongoing COVID-19 pandemic, the Company allowed modifications, such as payment deferrals and temporary forbearance, to credit-worthy borrowers who are experiencing temporary hardship due to the effects of COVID-19. Accordingly, if all payments were less than 30 days past due prior to the onset of the pandemic effects, the loan or lease will not be reported as past due during the deferral or forbearance period. As of June 30, 2020, the Company granted deferral payments on a total of $352.1 million of loan and lease balances due to performing borrowers experiencing temporary hardship from COVID-19. These modifications consisted solely of payment deferrals ranging from 30 days to six months. These modifications are in line with applicable regulatory guidelines and, therefore, they are not reported as troubled-debt restructurings. The Company elected to accrue and recognize interest income on these modifications during the payment deferral period.

Federal regulations provide for the classification of loans and other assets such as debt and equity securities considered by the Bank's primary regulator, the Office of the Comptroller of the Currency (the “OCC”), to be of lesser quality as “substandard,” “doubtful” or “loss.” The loan and lease classification and risk rating definitions are as follows:

Pass- A pass asset is of sufficient quality in terms of repayment, collateral and management to preclude a special mention or an adverse rating.

Watch- A watch asset is generally a credit performing well under current terms and conditions but with identifiable weakness meriting additional scrutiny and corrective measures. Watch is not a regulatory classification but can be used to designate assets that are exhibiting one or more weaknesses that deserve management’s attention. These assets are of better quality than special mention assets.

Special Mention- A special mention asset is a credit with potential weaknesses deserving management’s close attention and, if left uncorrected, may result in deterioration of the repayment prospects for the asset. Special mention assets are not adversely classified and do not expose an institution to sufficient risk to warrant adverse classification. Special mention is a temporary status with aggressive credit management required to garner adequate progress and move to watch or higher.

The adverse classifications are as follows:

Substandard- A substandard asset is inadequately protected by the net worth and/or repayment ability or by a weak collateral position. Assets so classified will have well-defined weaknesses creating a distinct possibility the Bank will sustain some loss if the weaknesses are not corrected. Loss potential does not have to exist for an asset to be classified as substandard.

Doubtful- A doubtful asset has weaknesses similar to those classified substandard, with the degree of weakness causing the likely loss of some principal in any reasonable collection effort. Due to pending factors, the asset’s classification as loss is not yet appropriate.

Loss- A loss asset is considered uncollectible and of such little value that the asset’s continuance on the Bank’s balance sheet is no longer warranted. This classification does not necessarily mean an asset has no recovery or salvage value leaving room for future collection efforts.

General allowances represent loss allowances which have been established to recognize the inherent risk associated with lending activities, but which, unlike specific allowances, have not been allocated to particular problem assets. When assets are classified as “loss,” the Company is required either to establish a specific allowance for losses equal to 100% of that portion of the asset so classified or to charge-off such amount. The Company's determinations as to the classification of its assets and the amount of its valuation allowances are subject to review by its regulatory authorities, which may order the establishment of additional general or specific loss allowances.

The Company recognizes that concentrations of credit may naturally occur and may take the form of a large volume of related loans and leases to an individual, a specific industry, or a geographic location. Credit concentration is a direct, indirect, or contingent obligation that has a common bond where the aggregate exposure equals or exceeds a certain percentage of the Company’s Tier 1 Capital plus the Allowance for Loan and Lease Losses.

Beginning in the fiscal 2020 first quarter the Company implemented changes to the risk rating approach on certain commercial finance portfolios as part of a streamlining process to provide a more consistent risk rating approach across all of its lending portfolios. Based upon a study of the Company's special mention commercial finance loans and leases, the Company determined that approximately $117.0 million of those loans and leases should be rated as watch under the new approach. Prior to the fiscal 2020 first quarter, none of the Company's commercial finance loans and leases were rated as watch. Based on Meta's allowance methodology, these changes in risk ratings did not have a direct impact on the allowance for loan and lease losses. The aggregate balance of watch and special mention loans and leases within the commercial finance portfolio increased to $179.8 million at June 30, 2020, compared to $145.0 million at September 30, 2019.

The Company has various portfolios of consumer finance and tax services loans that present unique risks. Due to the unique risks associated with these portfolios, the Company monitors other credit quality indicators in their evaluation of the appropriateness of the allowance for loan losses on these portfolios, and as such, these loans are not included in the asset classification table below, beginning in the fiscal 2020 first quarter. The September 30, 2019 asset classification table has been conformed to the current presentation. The outstanding balances of consumer finance loans and tax services loans were $241.6 million and $19.2 million at June 30, 2020, respectively, and $268.2 million and $2.2 million at September 30, 2019, respectively.

The asset classifications of loans and leases were as follows:


Asset Classification	Pass		Watch		Special Mention		Substandard		Doubtful		Total
As of June 30, 2020	(Dollars in Thousands)
National Lending
Term lending	$	656,198	$	42,015	$	8,774	$	28,579	$	2,888	$	738,454
Asset based lending	108,069		58,415		11,841		2,805		—		181,130
Factoring	161,075		22,255		20,865		2,166		—		206,361
Lease financing	257,540		1,875		879		4,553		141		264,988
Insurance premium finance	356,821		1,305		402		125		494		359,147
SBA/USDA	295,815		10,339		77		2,380		—		308,611
Other commercial finance	99,495		719		—		—		—		100,214
Commercial finance	1,935,013		136,923		42,838		40,608		3,523		2,158,905
Warehouse finance	277,614		—		—		—		—		277,614
Total National Lending	2,212,627		136,923		42,838		40,608		3,523		2,436,519
Community Banking
Commercial real estate and operating	599,144		698		4,019		3,862		580		608,303
Consumer one-to-four family real estate and other	165,518		42		655		264		—		166,479
Agricultural real estate and operating	11,946		—		4,909		7,800		—		24,655
Total Community Banking	776,608		740		9,583		11,926		580		799,437
Total loans and leases	$	2,989,235	$	137,663	$	52,421	$	52,534	$	4,103	$	3,235,956


Asset Classification	Pass		Watch		Special Mention		Substandard		Doubtful		Total
As of September 30, 2019	(Dollars in Thousands)
National Lending
Term lending	$	585,382	$	—	$	36,792	$	19,024	$	544	$	641,742
Asset based lending	192,427		—		57,660		378		—		250,465
Factoring	256,048		—		36,635		3,824		—		296,507
Lease financing	171,785		—		4,917		1,213		—		177,915
Insurance premium finance	361,105		—		—		—		—		361,105
SBA/USDA	76,609		—		8,381		3,841		—		88,831
Other commercial finance	99,057		—		608		—		—		99,665
Commercial finance	1,742,413		—		144,993		28,280		544		1,916,230




Warehouse finance	262,924		—		—		—		—		262,924
Total National Lending	2,005,337		—		144,993		28,280		544		2,179,154
Community Banking
Commercial real estate and operating	875,933		1,494		2,884		3,621		—		883,932
Consumer one-to-four family real estate and other	257,575		946		708		196		—		259,425
Agricultural real estate and operating	39,409		4,631		5,876		8,548		—		58,464
Total Community Banking	1,172,917		7,071		9,468		12,365		—		1,201,821
Total loans and leases	$	3,178,254	$	7,071	$	154,461	$	40,645	$	544	$	3,380,975

National Lending

Commercial Finance

The Company's commercial finance product lines include term lending, asset based lending, factoring, leasing, insurance premium finance, government guaranteed lending and other commercial finance products offered on a nationwide basis.

Term Lending. Through its Crestmark division, the Bank originates a variety of collateralized conventional term loans and notes receivable, while terms range from three years to 25 years, the weighted average life is approximately 53 months. These term loans may be secured by equipment, recurring revenue streams, or real estate. Credit risk is managed through setting loan amounts appropriate for the collateral by utilizing information ranging from equipment cost, appraisals, valuations, or lending history. The Bank follows standardized loan policies and established and authorized credit limits and applies attentive portfolio management, which includes monitoring past dues, financial performance, financial covenants, and industry trends. As of June 30, 2020, 20% of the term lending portfolio exposure is concentrated in solar/alternative energy, most of which are construction projects that will convert to longer term government guaranteed facilities upon completion of the construction phase. Equipment Finance Agreements ("EFAs") and Installment Purchase Agreements ("IPAs") make up $299.1 million, or 41%, of the term lending total as of June 30, 2020. The remaining 39% are a variety of investment advisory loans and other more traditional term equipment and general purpose commercial loans.

Asset Based Lending. Through its Crestmark division, the Bank provides asset based loans secured by short-term assets such as inventory, accounts receivable, and work-in-process. Asset based loans may also be secured by real estate and equipment. The primary sources of repayment are the operating income of the borrower, the collection of the receivables securing the loan, and/or the sale of the inventory securing the loan. Loans are typically revolving lines of credit with terms of one year to three years, whereby the Bank withholds a contingency reserve representing the difference between the amount advanced and the fair value of the invoice amount or other collateral value. Credit risk is managed through advance rates appropriate for the collateral (generally, advance rates on accounts receivable is 85% and inventory advance rates range from 40% to 50%), standardized loan policies, established and authorized credit limits, attentive portfolio management and the use of lock box agreements and similar arrangements that result in the Company receiving and controlling the debtors' cash receipts. As of June 30, 2020, approximately 50% of these loans were backed by accounts receivable.

Factoring. Through its Crestmark division, the Bank provides factoring lending where clients provide detailed inventory, accounts receivable, and work-in-process reports for lending arrangements. The factoring clients are diversified as to industry and geography. With these loans, the Crestmark division withholds a contingency reserve, which is the difference between the fair value of the invoice amount or other collateral value and the amount advanced (generally, advance rates are 85% on accounts receivable). This reserve is withheld for nonpayment of factored receivables, service fees and other adjustments. Credit risk is managed through standardized advance policies, established and authorized credit limits, verification of receivables, attentive portfolio management and the use of lock box agreements and similar arrangements that result in the Company receiving and controlling the client's cash receipts. In addition, clients generally guarantee the payment of purchased accounts receivable. As of June 30, 2020, approximately 80% of these loans were backed by accounts receivable.

Lease Financing. Through its Crestmark division, the Bank provides creative, flexible lease solutions for technology, capital equipment and select transportation assets like tractors and trailers. Direct financing leases and sales-type leases substantially transfer the benefits and risks of equipment ownership to the lessee. The lease may contain provisions that transfer ownership to the lessee at the end of the initial term, contain a bargain purchase option or allow for purchase of the equipment at fair market value. Residual values are estimated at the inception of the lease. Lease maturities are generally no greater than 84 months. The focus in this lease financing category is to support middle market companies by providing a variety of financing products to help them meet their business objectives.

Insurance Premium Finance. Through its AFS/IBEX division the Bank provides, on a national basis, short-term, primarily collateralized financing to facilitate the commercial customers’ purchase of insurance for various forms of risk, otherwise known as insurance premium financing. This includes, but is not limited to, policies for commercial property, casualty and liability risk. Premiums are advanced either directly to the insurance carrier or through an intermediary/broker and repaid by the policyholder with interest during the policy term. The policyholder generally makes a 20% to 25% down payment to the insurance broker and finances the remainder over nine months to 10 months on average. The down payment is set such that if the policy is canceled, the unearned premium is typically sufficient to cover the loan balance and accrued interest and is returned by the insurer to the Bank on a pro rata basis. Over 99% of the portfolio finances policies provided by investment grade-rated insurance company partners.

Small Business Administration ("SBA") and United States Department of Agriculture ("USDA"). The Bank originates loans through programs partially guaranteed by the SBA or USDA. These loans are made to small businesses and professionals with what the Bank believes are lower risk characteristics. Certain guaranteed portions of these loans are generally sold to the secondary market. Also see Note 3 to the Condensed Consolidated Financial Statements included in this quarterly report. As part of the SBA's coronavirus debt relief efforts, the SBA will pay six months of principal, interest, and any associated fees that borrowers owe for all current 7(a), 504, and Microloans in regular servicing status as well as new 7(a), 504, and Microloans disbursed prior to September 27, 2020. As of June 30, 2020, there were 145 loans with a retained outstanding balance of $48.4 million receiving six months principal and interest from the SBA. The Company is also participating in the PPP, which is being administered by the SBA. The Company expects that some portion of these loans will ultimately be forgiven by the SBA in accordance with the terms of the program. Loans funded through the PPP program are fully guaranteed by the U.S. government. As of June 30, 2020, the Company authorized 686 applications, totaling $215.5 million in PPP loan requests as part of the program.

Other Commercial Finance. Included in this category of loans are the Company's healthcare receivables loan portfolio primarily comprised of loans to individuals for medical services received. The majority of these loans are guaranteed by the hospital providing the service to the debtor and this guarantee serves to reduce credit risk as the guarantors agree to repurchase severely delinquent loans. Credit risk is minimized on these loans based on the guarantor’s repurchase agreement. This loan category also includes commercial real estate loans to customers of the Crestmark division.

Consumer Finance

Consumer Credit Products. The Bank designs its credit program relationships with certain desired outcomes. Three high priority outcomes are liquidity, credit protection, and risk retention. The Bank believes the benefits of these outcomes not only support its goals but the goals of the credit program partner as well. The Bank designs its program credit protections in a manner so that the Bank earns a reasonable risk adjusted return, but is protected by certain layers of credit support, similar to what you would find in structured finance. The Bank will hold a sizable portion of the originated asset on its own balance sheet, but retains the flexibility to sell a portion of the originated asset to other interested parties, thereby supporting program liquidity.

Through June 30, 2020, the Bank has launched two consumer credit programs. The loan products offered under these programs are generally closed-end installment loans with terms between 12 months and 84 months and revolving lines of credit with durations between six months and 60 months.

Other Consumer Finance. The Bank's purchased student loan portfolios are seasoned, floating rate, private portfolios that are serviced by a third-party servicer. The portfolio purchased during the fiscal 2018 first quarter is indexed to one-month of the London Interbank Offered Rate ("LIBOR"), while the portfolio purchased in the fiscal 2017 first quarter is indexed to three-month LIBOR plus various margins. The Company received written notification on June 18, 2018 from ReliaMax Surety Company ("ReliaMax"), the company that provided insurance coverage for the student loan portfolios, which informed policy holders that the South Dakota Division of Insurance filed a petition to have ReliaMax declared insolvent and to adopt a plan of liquidation. An Order of Liquidation was entered on June 27, 2018 by the Sixth Circuit Court in Hughes County, South Dakota, declaring ReliaMax insolvent and appointing the South Dakota Division of Insurance as liquidator to adopt a plan of liquidation. The Company expects to ultimately recover a portion of the unearned premiums, though the Company can provide no assurance as to the timing and amount of any such recovery.

Tax Services

The Bank's tax services division provides short-term taxpayer advance loans. Taxpayers are underwritten to determine eligibility for these unsecured loans. Due to the nature of taxpayer advance loans, it typically takes no more than three e-file cycles (the period of time between scheduled IRS payments) from when the return is accepted by the IRS to collect from the borrower. In the event of default, the Bank has no recourse against the tax consumer. The Bank will charge off the balance of a taxpayer advance loan if there is a balance at the end of the calendar year, or when collection of principal becomes doubtful.

Through its tax services division, the Bank provides short-term electronic return originator ("ERO") advance loans on a nationwide basis. These loans are typically utilized by tax preparers to purchase tax preparation software and to prepare tax office operations for the upcoming tax season. EROs go through an underwriting process to determine eligibility for the unsecured advances. ERO loans are not collateralized. Collection on ERO advances begins once the ERO begins to process refund transfers. Generally, the Bank will charge off the balance of an ERO advance loan if there is a balance at the end of June, or when collection of principal becomes doubtful.

Warehouse Finance

The Bank participates in several asset-backed warehouse lines of credit whereby the Bank is in a senior, secured position as the first out participant. These facilities are primarily collateralized by consumer receivables, with the Bank holding a senior collateral position enhanced by a subordinate party structure.

Community Banking

Effective on the Closing Date of the Community Bank division sale to Central Bank, the Company substantially ceased originating loans within its Community Banking loan portfolio. The Company entered a servicing agreement with Central Bank for the retained Community Bank loan portfolio that became effective on the Closing Date. See Note 4. Divestitures for further information related to the Community Banking lending portfolio.

Commercial Real Estate and Operating

The Company's commercial and multi-family real estate loans are secured primarily by apartment buildings, office buildings, and hotels. Commercial and multi-family real estate loans generally were underwritten with terms not exceeding 20 years, have loan-to-value ratios of up to 80% of the appraised value of the property securing the loan, and are typically secured by guarantees of the borrowers. As of June 30, 2020, multi-family real estate loan balances totaled $138.7 million, over 94% of which were located within the Community Bank division's footprint of South Dakota and Iowa. The average loan-to-value ratio on multi-family real estate loans at the time of the Company's most recently completed annual stress test analysis was approximately 69%.

As of June 30, 2020, hospitality loan balances totaled $169.0 million, of which approximately 28% were located in the Community Bank division's footprint of South Dakota and Iowa, while the majority of the remaining balances were through developers headquartered in the Community Bank division footprint with properties located in Minnesota, North Dakota, Nebraska, Wisconsin, Kansas, Arizona, Colorado and California. Over 98% of the outstanding loan balances are flagged hotel relationships and a large majority of the loans have guarantors by individuals with a strong combined net worth. Based on the latest appraisals the Company has on file, the average loan-to-value ratio on hospitality loans was approximately 60%.

Most of the Company's commercial operating loans were extended to finance local and regional businesses and include short-term loans to finance machinery and equipment purchases, inventory and accounts receivable. Commercial operating loans also may involve the extension of revolving credit for a combination of equipment acquisitions and working capital in expanding companies. The maximum term for loans extended on machinery and equipment is based on the projected useful life of such machinery and equipment. Generally, the maximum term on non-mortgage lines of credit is one year.

Consumer One-to-Four Family Real Estate and Other

The Company's one-to-four family residential mortgage loans have terms up to a maximum of 30 years and with loan-to-value ratios up to 100% of the lesser of the appraised value of the property securing the loan or the contract price. However, the vast majority of these loans were originated with loan-to-value ratios below 80%. The Company also has five year and ten year ARM loans. As of June 30, 2020, over 93% of the one-to-four family real estate loans were located within the Community Bank division's footprint of South Dakota and Iowa.

The Company also has a variety of secured consumer loans, primarily made up of home equity and home improvement loans. Substantially all of the Company’s home equity loans and lines of credit are secured by second mortgages on principal residences. The Bank lent amounts which, together with all prior liens, may have been up to 90% of the appraised value of the property securing the loan. Home equity loans and lines of credit generally have maximum terms of five years. As of June 30, 2020, the outstanding balance in these secured consumer loans was less than $4.0 million and approximately 99% of those were located within the Community Bank division's footprint of South Dakota and Iowa.

Agricultural Real Estate and Operating

The Company's agricultural loans finance the purchase of farmland, livestock, farm machinery and equipment, seed, fertilizer, and other farm-related products. Agricultural operating loans are at either an adjustable- or fixed-rate of interest for up to a one year term or, in the case of livestock, are due upon sale. Agricultural real estate loans were frequently originated with adjustable rates of interest. Generally, such loans provide for a fixed rate of interest for the first five years to 10 years, after which the loan will balloon or the interest rate will adjust annually. These loans generally amortize over a period of 20 years to 25 years. Fixed-rate agricultural real estate loans typically have terms up to 10 years. Agricultural real estate loans are generally limited to 75% of the value of the property securing the loan. As of June 30, 2020, 70% of the agricultural loans were real estate loans while the remaining 30% were agricultural operating loans and approximately 91% of the total agricultural loans were located within the Community Bank division's footprint of South Dakota and Iowa.

Past due loans and leases were as follows:


	Accruing and Nonaccruing Loans and Leases																		Nonperforming Loans and Leases
(Dollars in Thousands)	30-59 Days Past Due		60-89 Days Past Due		> 89 Days Past Due		Total Past Due		Current		Total Loans and Leases Receivable		> 89 Days Past Due and Accruing		Non-accrual balance		Total
As of June 30, 2020
Loans held for sale	$	—	$	—	$	—	$	—	$	79,905	$	79,905	$	—	$	—	$	—

National Lending
Term lending	7,371		6,957		16,965		31,293		707,161		738,454		2,578		16,524		19,102
Asset based lending	—		—		—		—		181,130		181,130		—		—		—
Factoring	—		—		—		—		206,361		206,361		—		733		733
Lease financing	4,623		5,669		4,583		14,875		250,113		264,988		1,907		3,518		5,425
Insurance premium finance	1,711		3,379		3,723		8,813		350,334		359,147		3,723		—		3,723
SBA/USDA	160		—		1,879		2,039		306,572		308,611		427		1,510		1,937
Other commercial finance	—		—		—		—		100,214		100,214		—		—		—
Commercial finance	13,865		16,005		27,150		57,020		2,101,885		2,158,905		8,635		22,285		30,920
Consumer credit products	506		412		337		1,255		101,553		102,808		337		—		337
Other consumer finance	144		211		572		927		137,850		138,777		572		—		572
Consumer finance	650		623		909		2,182		239,403		241,585		909		—		909
Tax services	—		19,168		—		19,168		—		19,168		—		—		—
Warehouse finance	—		—		—		—		277,614		277,614		—		—		—
Total National Lending	14,515		35,796		28,059		78,370		2,618,902		2,697,272		9,544		22,285		31,829
Community Banking
Commercial real estate and operating	2,791		580		258		3,629		604,674		608,303		258		580		838
Consumer one-to-four family real estate and other	863		—		121		984		165,495		166,479		—		121		121
Agricultural real estate and operating	1,256		45		6,506		7,807		16,848		24,655		4,737		1,769		6,506
Total Community Banking	4,910		625		6,885		12,420		787,017		799,437		4,995		2,470		7,465
Total loans and leases held for investment	19,425		36,421		34,944		90,790		3,405,919		3,496,709		14,539		24,755		39,294

Total loans and leases	$	19,425	$	36,421	$	34,944	$	90,790	$	3,485,824	$	3,576,614	$	14,539	$	24,755	$	39,294


	Accruing and Nonaccruing Loans and Leases																		Nonperforming Loans and Leases
(Dollars in Thousands)	30-59 Days Past Due		60-89 Days Past Due		> 89 Days Past Due		Total Past Due		Current		Total Loans and Leases Receivable		> 89 Days Past Due and Accruing		Non-accrual balance		Total
As of September 30, 2019
Loans held for sale	$	1,122	$	755	$	964	$	2,841	$	145,936	$	148,777	$	964	$	—	$	964

National Lending
Term lending	2,162		910		14,098		17,170		624,572		641,742		2,241		12,146		14,387
Asset based lending	—		—		—		—		250,465		250,465		—		—		—
Factoring	—		—		—		—		296,507		296,507		—		1,669		1,669
Lease financing	1,160		1,134		1,736		4,030		173,885		177,915		1,530		308		1,838
Insurance premium finance	1,999		2,881		3,807		8,687		352,418		361,105		3,807		—		3,807
SBA/USDA	83		—		255		338		88,493		88,831		—		255		255
Other commercial finance	—		—		—		—		99,665		99,665		—		—		—
Commercial finance	5,404		4,925		19,896		30,225		1,886,005		1,916,230		7,578		14,378		21,956
Consumer credit products	627		557		239		1,423		105,371		106,794		239		—		239
Other consumer finance	932		1,005		1,078		3,015		158,389		161,404		1,078		—		1,078
Consumer finance	1,559		1,562		1,317		4,438		263,760		268,198		1,317		—		1,317
Tax services	—		—		2,240		2,240		—		2,240		2,240		—		2,240
Warehouse finance	—		—		—		—		262,924		262,924		—		—		—
Total National Lending	6,963		6,487		23,453		36,903		2,412,689		2,449,592		11,135		14,378		25,513
Community Banking
Commercial real estate and operating	565		—		—		565		883,367		883,932		—		—		—
Consumer one-to-four family real estate and other	458		—		9		467		258,958		259,425		—		44		44
Agricultural real estate and operating	49		—		—		49		58,415		58,464		—		—		—
Total Community Banking	1,072		—		9		1,081		1,200,740		1,201,821		—		44		44
Total loans and leases held for investment	8,035		6,487		23,462		37,984		3,613,429		3,651,413		11,135		14,422		25,557

Total loans and leases	$	9,157	$	7,242	$	24,426	$	40,825	$	3,759,365	$	3,800,190	$	12,099	$	14,422	$	26,521

Certain loans and leases 90 days or more past due as to interest or principal continue to accrue because they are (1) well-secured and in the process of collection or (2) one-to-four family real estate loans or consumer loans exempt under regulatory rules from being classified as non-accrual until later delinquency, usually 120 days past due.

When analysis of borrower or lessee operating results and financial condition indicates that underlying cash flows of the borrower’s business are not adequate to meet its debt service requirements, the loan or lease is evaluated for impairment. Often, this is associated with a delay or shortfall in scheduled payments, as described above.

Impaired loans and leases were as follows:


As of June 30, 2020	Recorded Balance		Unpaid Principal Balance		Specific Allowance
Loans and leases without a specific valuation allowance	(Dollars in Thousands)
National Lending
Term lending	$	17,442	$	20,217	$	—
Asset based lending	2,805		2,805		—
Factoring	1,282		2,357		—
Lease financing	1,474		1,482		—

SBA/USDA	870		870		—

Commercial finance	23,873		27,731		—

Other consumer finance	2,177		2,314		—
Consumer finance	2,177		2,314		—


Total National Lending	26,050		30,045		—
Community Banking
Commercial real estate and operating	259		259		—
Consumer one-to-four family real estate and other	177		177		—
Agricultural real estate and operating	2,437		2,437		—
Total Community Banking	2,873		2,873		—
Total	$	28,923	$	32,918	$	—
Loans and leases with a specific valuation allowance
National Lending
Term lending	$	14,025	$	14,037	$	3,366

Factoring	883		883		189
Lease financing	3,221		3,221		1,350

SBA/USDA	1,510		1,510		241

Commercial finance	19,639		19,651		5,146





Total National Lending	19,639		19,651		5,146
Community Banking
Commercial real estate and operating	160		160		141


Total Community Banking Loans	160		160		141
Total	$	19,799	$	19,811	$	5,287


As of September 30, 2019	Recorded Balance		Unpaid Principal Balance		Specific Allowance
Loans and leases without a specific valuation allowance	(Dollars in Thousands)
National Lending
Term lending	$	12,644	$	13,944	$	—
Asset based lending	378		378		—
Factoring	1,563		2,638		—
Lease financing	1,062		1,062		—

SBA/USDA	2,595		2,595		—

Commercial finance	18,242		20,617		—

Other consumer finance	1,472		1,539		—
Consumer finance	1,472		1,539		—


Total National Lending	19,714		22,156		—
Community Banking
Commercial real estate and operating	258		258		—
Consumer one-to-four family real estate and other	100		100		—
Agricultural real estate and operating	2,985		2,985		—
Total Community Banking	3,343		3,343		—
Total	$	23,057	$	25,499	$	—
Loans and leases with a specific valuation allowance
National Lending
Term lending	$	6,924	$	6,951	$	450

Factoring	2,261		3,601		1,262
Lease financing	151		151		112

SBA/USDA	1,246		1,246		51

Commercial finance	10,582		11,949		1,875





Total National Lending	10,582		11,949		1,875





Total	$	10,582	$	11,949	$	1,875

The following table provides the average recorded investment in impaired loans and leases for the three and nine months ended:


	Three Months Ended June 30,
	2020						2019
(Dollars in Thousands)	Average Recorded Investment		Recognized Interest Income		Average Recorded Investment		Recognized Interest Income
National Lending
Term lending	$	28,848	$	121	$	3,906	$	88
Asset based lending	935		—		2,777		—
Factoring	4,715		—		6,621		—
Lease financing	2,946		2		3,351		—

SBA/USDA	3,162		—		425		—

Commercial finance	40,606		123		17,080		88

Other consumer finance	1,999		37		1,190		28
Consumer finance	1,999		37		1,190		28


Total National Lending	42,605		160		18,270		116
Community Banking
Commercial real estate and operating	405		1		106		5
Consumer one-to-four family real estate and other	131		—		186		1
Agricultural real estate and operating	2,437		10		1,226		28
Total Community Banking	2,973		11		1,518		34
Total loans and leases	$	45,578	$	171	$	19,788	$	150


	Nine Months Ended June 30,
	2020						2019
(Dollars in Thousands)	Average Recorded Investment		Recognized Interest Income		Average Recorded Investment		Recognized Interest Income
National Lending
Term lending	$	24,946	$	240	$	4,667	$	262
Asset based lending	571		—		1,267		—
Factoring	4,387		—		4,178		5
Lease financing	2,929		14		3,070		17

SBA/USDA	3,530		—		142		—

Commercial finance	36,363		254		13,325		284

Other consumer finance	1,775		111		1,215		38
Consumer finance	1,775		111		1,215		38


Total National Lending	38,138		365		14,540		322
Community Banking
Commercial real estate and operating	511		27		259		9
Consumer one-to-four family real estate and other	101		9		154		3
Agricultural real estate and operating	2,677		(134)		1,371		63
Total Community Banking	3,289		(98)		1,784		75
Total loans and leases	$	41,427	$	267	$	16,324	$	397

The Company’s troubled debt restructurings ("TDRs") typically involve forgiving a portion of interest or principal on existing loans, making loans at a rate materially less than current market rates, or extending the term of the loan. There were $1.4 million of national lending loans that were modified in a TDR during the three months ended June 30, 2020, all of which were modified to extend the term of the loan, and no community banking loans. There were $0.7 million community banking loans and $0.1 million of national lending loans and leases that were modified in a TDR during the three months ended June 30, 2019.

During the nine months ended June 30, 2020, there were $5.5 million of national lending loans and $0.6 million of community bank loans that were modified in a TDR, all of which were modified to extend the term of the loan. There were $1.7 million of national lending loans and leases and $0.7 million of community banking loans that were modified in a TDR during the nine months ended June 30, 2019.

During the nine months ended June 30, 2020, the Company had $3.3 million of community banking loans and $1.3 million of national lending loans that were modified in a TDR within the previous 12 months and for which there was a payment default. During the nine months ended June 30, 2019, the Company had $0.9 million of community banking loans and no national lending loans that were modified in a TDR within the previous 12 months and for which there was a payment default. TDR net charge-offs and the impact of TDRs on the Company's allowance for loan and lease losses were insignificant during the quarters ended June 30, 2020 and June 30, 2019.

EARNINGS PER COMMON SHARE

9 Months Ended

Jun. 30, 2020

Earnings Per Share [Abstract]

EARNINGS PER COMMON SHARE

EARNINGS PER COMMON SHAREEarnings per common share is computed after deducting any preferred dividends, if applicable. The Company has granted restricted share awards with dividend rights that are considered to be participating securities. Accordingly, a portion of the Company’s earnings is allocated to those participating securities in the earnings per share calculation. Basic earnings per common share is computed by dividing income available to common stockholders after the allocation of dividends and undistributed earnings to the participating securities by the weighted average number of common shares outstanding for the period. Diluted earnings per common share reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised, and is computed after giving consideration to the weighted average dilutive effect of the Company’s stock options and after the allocation of earnings to the participating securities. Antidilutive options are disregarded in earnings per share calculations.

A reconciliation of net income and common stock share amounts used in the computation of basic and diluted earnings per share is presented below.


	Three Months Ended June 30,
(Dollars in Thousands, Except Share and Per Share Data)	2020		2019
Basic income per common share:
Net income attributable to Meta Financial Group, Inc.	$	18,190	$	29,291
Weighted average common shares outstanding	34,616,038		38,903,266
Basic income per common share	$	0.53	$	0.75

Diluted income per common share:
Net income attributable to Meta Financial Group, Inc.	$	18,190	$	29,291
Weighted average common shares outstanding	34,616,038		38,903,266
Outstanding options - based upon the two-class method	7,076		74,424
Weighted average diluted common shares outstanding	34,623,114		38,977,690
Diluted income per common share	$	0.53	$	0.75


	Nine Months Ended June 30,
(Dollars in Thousands, Except Share and Per Share Data)	2020		2019
Basic income per common share:
Net income attributable to Meta Financial Group, Inc.	$	91,562	$	76,809
Weighted average common shares outstanding	36,004,877		39,220,793
Basic income per common share	$	2.54	$	1.96

Diluted income per common share:
Net income attributable to Meta Financial Group, Inc.	$	91,562	$	76,809
Weighted average common shares outstanding	36,004,877		39,220,793
Outstanding options - based upon the two-class method	11,160		68,218
Weighted average diluted common shares outstanding	36,016,037		39,289,011
Diluted income per common share	$	2.54	$	1.95

RENTAL EQUIPMENT, NET

9 Months Ended

Jun. 30, 2020

Property, Plant and Equipment [Abstract]

RENTAL EQUIPMENT, NET

Rental equipment consists of the following:


(Dollars in Thousands)	June 30, 2020		September 30, 2019
Computers and IT networking equipment	$	29,846	$	37,352
Motor vehicles and other	122,995		98,149
Office furniture and equipment	2,576		2,875
Solar panels and equipment	118,583		116,505
Total	274,000		254,881

Accumulated depreciation	(59,576)		(46,344)
Unamortized initial direct costs	1,912		—
Net book value	$	216,336	$	208,537

Undiscounted future minimum lease payments expected to be received for operating leases were as follows:


(Dollars in Thousands)
Remaining in 2020	$	9,345
2021	32,668
2022	26,109
2023	21,461
2024	15,601
Thereafter	27,915
Total undiscounted future minimum lease payments receivable for operating leases	$	133,099

FORECLOSURED REAL ESTATE AND REPOSSESSED ASSETS

9 Months Ended

Jun. 30, 2020

Real Estate [Abstract]

FORECLOSURED REAL ESTATE AND REPOSSESSED ASSETS

FORECLOSED REAL ESTATE AND REPOSSESSED ASSETS

The following table provides an analysis of changes in foreclosed real estate and repossessed assets:


	Nine Months Ended June 30,
(Dollars in Thousands)	2020		2019
Balance, beginning of period	$	29,494	$	31,638
Additions	5,983		105
Reductions:
Write-downs	568		339
Net proceeds from sale	23,086		1,905
Gain (loss) on sale	(5,039)		15
Total reductions	28,693		2,229
Balance, ending of period	$	6,784	$	29,514

At June 30, 2020 and September 30, 2019, the Company had established a valuation allowance of $0.5 million and $0.1 million for repossessed assets, respectively. As of June 30, 2020 and September 30, 2019, the Company had no loans or leases in the process of foreclosure.

During the nine months ended June 30, 2020, the Company sold $28.1 million of other real estate owned ("OREO"), which consisted of assets related to a Community Bank agriculture real estate customer. The sale occurred via public auction and consisted of 30-plus parcels of land. The sale of 30-plus parcels closed in the fiscal 2020 first quarter. The Company applied Subtopic ASC 610-20, Gains and Losses from the Derecognition of Nonfinancial Assets to record the sale. The following table is a summary of the sale transaction, as reflected in the Company's financial statements:


(Dollars in Thousands)	June 30, 2020
Purchase price	$	23,083
Carrying value of OREO	28,122
Loss on sale	(5,039)
Deferred income recognized	1,096
Net impact	$	(3,943)

The Company recognized a $5.0 million loss from the sale of foreclosed property during the nine months ended June 30, 2020, which is included in the "Gain (loss) on sale of other" line on the Consolidated Statements of Operations. The Company also recognized $1.1 million in deferred rental income and $0.2 million in OREO expenses related to these foreclosed properties during the nine months ended June 30, 2020.

GOODWILL AND INTANGIBLE ASSETS

9 Months Ended

Jun. 30, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

GOODWILL AND INTANGIBLE ASSETS

The Company held a total of $309.5 million of goodwill at June 30, 2020. The recorded goodwill is a result of multiple business combinations that have been consummated since fiscal year 2015, with the most recent being the merger with Crestmark pursuant to the Crestmark Acquisition that closed on August 1, 2018. Goodwill is assessed for impairment at least annually or more often if conditions indicate a possible impairment. The assessment is done at a reporting unit level, which is one level below the operating segments. The Company has changed its basis of presentation for segments. See Note 17. Segment Reporting for additional information on the Company's segment reporting.

Due to the ongoing economic impacts from the COVID-19 pandemic, the Company conducted a quantitative interim goodwill impairment assessment at June 30, 2020. The impairment assessment compares the fair value of each reporting unit with its carrying amount (including goodwill). If the carrying amount of the reporting unit exceeds its fair value, an impairment loss is recognized in an amount equal to the excess. The Company's interim assessment estimated fair value for each reporting unit using an income approach that incorporated a discounted cash flow model that involves many management assumptions based upon future growth projections which include estimates of COVID-19 impacts on our various business lines. Assumptions include estimates of future after-tax cash flows, growth rates, and discount rates based upon industry and competitor analyses. Results of the interim assessment indicated no goodwill impairment for any of the reporting units as of June 30, 2020.

The changes in the carrying amount of the Company’s goodwill and intangible assets for the nine months ended June 30, 2020 and 2019 were as follows:


(Dollars in Thousands)	Consumer		Commercial		Corporate Services/Other		Total
Goodwill
September 30, 2019	$	87,145	$	222,360	$	—	$	309,505
Acquisitions	—		—		—		—
Impairment	—		—		—		—
June 30, 2020	$	87,145	$	222,360	$	—	$	309,505

September 30, 2018	$	87,145	$	216,125	$	—	$	303,270
Acquisitions	—		—		—		—
Measurement Period Adjustments⁽¹⁾	—		4,671		—		4,671
Impairment	—		—		—		—
June 30, 2019	$	87,145	$	220,796	$	—	$	307,941

⁽¹⁾ The Company recognized measurement period adjustments on provisional goodwill during the fiscal 2019 second quarter related to the Crestmark acquisition.


(Dollars in Thousands)	Trademark⁽¹⁾		Non-Compete⁽²⁾		Customer Relationships⁽³⁾		All Others⁽⁴⁾		Total
Intangible Assets
Balance as of September 30, 2019	$	11,959	$	827	$	33,207	$	6,817	$	52,810
Acquisitions during the period	—		—		—		35		35
Amortization during the period	(793)		(310)		(7,112)		(499)		(8,714)
Write-offs during the period	—		—		—		(157)		(157)
Balance as of June 30, 2020	$	11,166	$	517	$	26,095	$	6,196	$	43,974

Gross carrying amount	$	14,624	$	2,480	$	82,088	$	10,112	$	109,304
Accumulated amortization	(3,458)		(1,963)		(45,745)		(3,726)		(54,892)
Accumulated impairment	—		—		(10,248)		(190)		(10,438)
Balance as of June 30, 2020	$	11,166	$	517	$	26,095	$	6,196	$	43,974

⁽¹⁾Book amortization period of 5-15 years. Amortized using the straight line and accelerated methods.

⁽²⁾ Book amortization period of 3-5 years. Amortized using the straight line method.

⁽³⁾ Book amortization period of 10-30 years. Amortized using the accelerated method.

⁽⁴⁾ Book amortization period of 3-20 years. Amortized using the straight line method.


(Dollars in Thousands)	Trademark⁽¹⁾		Non-Compete⁽²⁾		Customer Relationships⁽³⁾		All Others⁽⁴⁾		Total
Intangible Assets
Balance as of September 30, 2018	$	12,987	$	1,297	$	48,455	$	7,980	$	70,719
Acquisitions during the period	—		—		—		100		100
Amortization during the period	(771)		(353)		(12,504)		(724)		(14,352)
Write-offs during the period	—		—		—		(314)		(314)
Balance as of June 30, 2019	$	12,216	$	944	$	35,951	$	7,042	$	56,153

Gross carrying amount	$	14,624	$	2,480	$	82,088	$	10,688	$	109,880
Accumulated amortization	(2,408)		(1,536)		(35,889)		(2,987)		(42,820)
Accumulated impairment	—		—		(10,248)		(659)		(10,907)
Balance as of June 30, 2019	$	12,216	$	944	$	35,951	$	7,042	$	56,153

⁽¹⁾ Book amortization period of 5-15 years. Amortized using the straight line and accelerated methods.

⁽²⁾ Book amortization period of 3-5 years. Amortized using the straight line method.

⁽³⁾ Book amortization period of 10-30 years. Amortized using the accelerated method.

⁽⁴⁾ Book amortization period of 3-20 years. Amortized using the straight line method.

The estimated amortization expense of intangible assets assumes no activities, such as acquisitions, which would result in additional amortizable intangible assets. Estimated amortization expense of intangible assets in the remaining three months of fiscal 2020 and subsequent fiscal years at June 30, 2020 was as follows:


(Dollars in Thousands)
Remaining in 2020	$	2,283
2021	8,545
2022	6,419
2023	5,101
2024	4,383
2025	3,826
Thereafter	13,417
Total anticipated intangible amortization	$	43,974

The Company tests intangible assets for impairment at least annually or more often if conditions indicate a possible impairment. There were no impairments to intangible assets during the three and nine months ended June 30, 2020 or the three months ended June 30, 2019. There was $0.1 million in impairments to intangible assets during the nine months ended June 30, 2019.

OPERATING LEASE RIGHT OF USE ASSETS AND LIABILITIES

9 Months Ended

Jun. 30, 2020

Leases [Abstract]

OPERATING LEASE RIGHT OF USE ASSETS AND LIABILITIES

OPERATING LEASE RIGHT-OF-USE ASSETS AND LIABILITIES

Operating lease ROU assets, included in other assets, were $26.5 million at June 30, 2020.

Operating lease liabilities, included in accrued expenses and other liabilities, were $28.0 million at June 30, 2020.

Undiscounted future minimum operating lease payments and a reconciliation to the amount recorded as operating lease liabilities were as follows:


(Dollars in Thousands)
Remaining in 2020	$	958
2021	3,742
2022	3,479
2023	2,799
2024	2,808
Thereafter	18,520
Total undiscounted future minimum lease payments	32,306
Discount	(4,347)
Total operating lease liabilities	$	27,959

The weighted-average discount rate and remaining lease term for operating leases were as follows:


	June 30, 2020
Weighted-average discount rate	2.35	%
Weighted-average remaining lease term (years)	11.51

The components of total lease costs for operating leases, included in occupancy and equipment noninterest expense, were as follows:


(Dollars in Thousands)	Nine Months Ended June 30, 2020
Lease expense	$	2,533
Short-term and variable lease cost	452
Sublease income	(552)
Total lease cost for operating leases	$	2,433

STOCKHOLDERS' EQUITY	9 Months Ended
STOCKHOLDERS' EQUITY	Jun. 30, 2020
Equity [Abstract]
STOCKHOLDERS' EQUITY	STOCKHOLDERS' EQUITY Repurchase of Common Stock During the nine months ended June 30, 2020, the Company repurchased 3,498,394 of its shares, at an average price of $34.34, which exhausted the remaining shares available for repurchase by the Company under the March 26, 2019 share repurchase program. The Company's Board of Directors authorized the November 20, 2019 share repurchase program to repurchase up to an additional 7,500,000 shares of the Company's outstanding common stock through December 31, 2022. During the three months ended June 30, 2020, the Company did not repurchase shares as part of the share repurchase program because the Company suspended its share repurchase activity in March 2020. For the nine months ended June 30, 2020, and 2019, the Company also repurchased 89,613 and 90,264 shares, or $3.0 million and $3.0 million of common stock, respectively, in settlement of employee tax withholding obligations due upon the vesting of restricted stock. Repurchase of Treasury Stock On June 25, 2019, the Company retired 114,558 shares of common stock held in treasury. The Company accounts for the retirement of repurchased shares, including treasury stock, using the par value method under which the repurchase price is charged to paid-in capital up to the amount of the original proceeds of those shares. When the repurchase price is greater than the original issue proceeds, the excess is charged to retained earnings. No shares of common stock held in treasury were retired in the nine months ended June 30, 2020.

STOCK COMPENSATION

9 Months Ended

Jun. 30, 2020

Share-based Payment Arrangement [Abstract]

STOCK COMPENSATION

The Company maintains the Meta Financial Group, Inc. 2002 Omnibus Incentive Plan, as amended and restated (the "2002 Omnibus Incentive Plan"), which, among other things, provides for the awarding of stock options and nonvested (restricted) shares to certain officers and directors of the Company. Awards are granted by the Compensation Committee of the Board of Directors based on the performance of the award recipients or other relevant factors.

Compensation expense for share-based awards is recorded over the vesting period at the fair value of the award at the time of the grant. The exercise price of options or fair value of nonvested (restricted) shares granted under the Company’s incentive plan is equal to the fair market value of the underlying stock at the grant date. The Company has elected, with the adoption of ASU 2016-09, to record forfeitures as they occur.

The following tables show the activity of options and nonvested (restricted) shares granted, exercised, or forfeited under the 2002 Omnibus Incentive Plan for the nine months ended June 30, 2020:


(Dollars in Thousands, Except Per Share Data)	Number of Shares	Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (Yrs)	Aggregate Intrinsic Value
Options outstanding, September 30, 2019	59,835	$	8.06	1.54	$	1,469
Granted	—	—		—	—
Exercised	(41,949)	6.98		1.01	866
Forfeited or expired	—	—		—	—
Options outstanding, June 30 2020	17,886	$	10.60	0.25	$	135

Options exercisable, June 30, 2020	17,886	$	10.60	0.25	$	135


(Dollars in Thousands, Except Per Share Data)	Number of Shares	Weighted Average Fair Value at Grant
Nonvested shares outstanding, September 30, 2019	926,122	$	29.54
Granted	191,372	32.32
Vested	(276,193)	30.04
Forfeited or expired	(9,584)	31.48
Nonvested shares outstanding, June 30, 2020	831,717	$	29.99

At June 30, 2020, stock-based compensation expense not yet recognized in income totaled $9.4 million, which is expected to be recognized over a weighted average remaining period of 2.46 years.

INCOME TAXES

9 Months Ended

Jun. 30, 2020

Income Tax Disclosure [Abstract]

INCOME TAXES

The Company recorded an income tax expense of $3.9 million for the nine months ended June 30, 2020, resulting in an effective tax rate of 3.91%, compared to an income tax benefit of $3.2 million, or an effective tax rate of (4.20%), for the nine months ended June 30, 2019. The Company’s effective tax rate was lower than the U.S. statutory rate of 21% primarily because of the anticipated effect of investment tax credits during fiscal year 2019. The Company’s effective tax rate in the future will depend in part on actual investment tax credits earned as part of its financing of solar energy projects.

The table below compares the income tax expense components for the periods presented.


	Nine Months Ended June 30,
(Dollars in Thousands)	2020			2019
Provision at statutory rate	$	20,041		$	15,449
Tax-exempt income	(936)			(2,360)
State income taxes	4,475			3,243
Interim period effective rate adjustment	(8,850)			1,397
Tax credit investments, net - federal	(9,863)			(22,484)
Research tax credit	(1,709)			—
IRC 162(m) nondeductible compensation	1,250			1,612
Other, net	(538)			(101)
Income tax expense (benefit)	$	3,870		$	(3,244)
Effective tax rate	3.91		%	(4.20)		%

The Company does not expect significant income tax impacts due to the CARES Act, which was signed in response to the COVID-19 pandemic.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References + Details

COMMITMENTS AND CONTINGENCIES	9 Months Ended
COMMITMENTS AND CONTINGENCIES	Jun. 30, 2020
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	COMMITMENTS AND CONTINGENCIES In the normal course of business, the Bank makes various commitments to extend credit that are not reflected in the accompanying Condensed Consolidated Financial Statements as described below. At June 30, 2020 and September 30, 2019, unfunded loan commitments approximated $1.12 billion and $978.1 million, respectively, excluding undisbursed portions of loans in process. Commitments, which are disbursed subject to certain limitations, extend over various periods of time. Generally, unused commitments are canceled upon expiration of the commitment term as outlined in each individual contract. The Company had no commitments to purchase securities at June 30, 2020 or September 30, 2019. The Company had no commitments to sell securities at June 30, 2020 or September 30, 2019. The exposure to credit loss in the event of non-performance by other parties to financial instruments for commitments to extend credit is represented by the contractual amount of those instruments. The same credit policies and collateral requirements are used in making commitments and conditional obligations as are used for on-balance-sheet instruments. At June 30, 2020 and at September 30, 2019, the Company had an allowance for credit losses on off-balance sheet credit exposures of $0.1 million. This amount is maintained as a separate liability account within other liabilities. Since certain commitments to make loans and to fund lines of credit and loans in process expire without being used, the amount does not necessarily represent future cash commitments. In addition, commitments used to extend credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Legal Proceedings The Bank was served, on October 14, 2016, with a lawsuit captioned Card Limited, LLC v. MetaBank dba Meta Payment Systems, Civil No. 2:16-cv-00980 in the United States District Court for the District of Utah. This action was initiated by a former prepaid program manager of the Bank, which was terminated by the Bank in fiscal year 2016. Card Limited alleges that, after all of the programs were wound down, there were two accounts with positive balances to which Card Limited is entitled. The Bank’s position is that Card Limited is not entitled to the funds contained in said accounts. The total amount to which Card Limited claims it is entitled is $4.0 million. The Court ruled in favor of MetaBank on cross motions for summary judgment and vacated the trial. Card Limited has the right to appeal once the ruling is finalized. The Bank intends to continue to vigorously defend this claim, if appealed. An estimate of a range of reasonably possible loss cannot be made at this stage of the litigation. On February 9, 2018, the Bank’s AFS/IBEX division filed a lawsuit in the United States District Court for the Eastern District of New York captioned AFS/IBEX, a division of MetaBank v. Aegis Managing Agency Limited ("AMA"), Aegis Syndicate 1225 (together with AMA, the "Aegis defendants"), CRC Insurance Services, Inc. ("CRC"), and Transportation Underwriters, Inc. The suit was filed against commercial insurance underwriters and brokers that facilitated the issuance of commercial insurance policies to Red Hook Construction Group-II, LLC (“Red Hook”). The Bank’s position is that both CRC and Transportation Underwriters represented to the Bank that, upon cancellation of the insurance policies prior to their stated terms, any unearned premiums would be refunded. The Bank then provided insurance premium financing to Red Hook, and Red Hook executed a written premium finance agreement pursuant to which Red Hook assigned its rights to any unearned premiums to the Bank. After the policies were cancelled, the Aegis defendants failed to return the unearned insurance premiums totaling just over $1.6 million owed to the Bank under the insurance policies and the premium finance agreement. The Bank is seeking recovery of all amounts to which it is entitled at law or equity and intends to vigorously pursue its claims against the defendants. The Bank was served on December 24, 2018, with a lawsuit captioned The Ohio Valley Bank Company v. MetaBank dba Refund Advantage, Case No. 18 CV 134 in the Court of Common Pleas, Gallia County, Ohio. This action alleges that MetaBank breached a contract with The Ohio Valley Bank Company by terminating the contract before the term expired, resulting in over $3.0 million in damages. This matter was settled between the parties upon terms agreeable to the Bank, and has been dismissed. From time to time, the Company or its subsidiaries are subject to certain legal proceedings and claims in the ordinary course of business. Accruals have been recorded when the outcome is probable and can be reasonably estimated. While management currently believes that the ultimate outcome of these proceedings will not have a material adverse effect on the Company’s financial position or its results of operations, legal proceedings are inherently uncertain and unfavorable resolution of some or all of these matters could, individually or in the aggregate, have a material adverse effect on the Company’s and its subsidiaries’ respective businesses, financial condition or results of operations.

REVENUE FROM CONTRACTS WITH CUSTOMERS

9 Months Ended

Jun. 30, 2020

Revenue from Contract with Customer [Abstract]

REVENUE FROM CONTRACTS WITH CUSTOMERS

Topic 606 applies to all contracts with customers unless such revenue is specifically addressed under existing guidance. The table below presents the Company’s revenue by operating segment. For additional descriptions of the Company’s operating segments, including additional financial information and the underlying management accounting process, see Note 17. Segment Reporting to the Condensed Consolidated Financial Statements.


(Dollars in Thousands)	Consumer						Commercial						Corporate Services/Other					Consolidated Company
Three Months Ended June 30,	2020		2019		2020		2019		2020		2019			2020		2019
Net interest income⁽¹⁾	$	29,507	$	22,981	$	36,104	$	39,688	$	(3,474)	$	4,299		$	62,137	$	66,968
Noninterest income:
Refund transfer product fees	4,595		6,697		—		—		—		—			4,595		6,697
Tax advance product fees⁽¹⁾	28		34		—		—		—		—			28		34
Payment card and deposit fees	21,302		21,377		—		—		—		—			21,302		21,377
Other bank and deposit fees	—		—		213		296		1		199			214		495
Rental income⁽¹⁾	5		5		11,226		9,091		—		290			11,231		9,386
Gain on sale of securities available-for-sale, net⁽¹⁾	—		—		—		—		—		440			—		440

Gain on sale of other⁽¹⁾	—		115		1,214		2,498		—		7			1,214		2,620
Other income⁽¹⁾	324		344		1,267		934		873		1,463			2,464		2,741
Total noninterest income	26,254		28,572		13,920		12,819		874		2,399			41,048		43,790
Revenue	$	55,761	$	51,553	$	50,024	$	52,507	$	(2,600)	$	6,698		$	103,185	$	110,758

⁽¹⁾These revenues are not within the scope of Topic 606. Additional details are included in other footnotes to the accompanying financial statements. The scope of Topic 606 explicitly excludes net interest income as well as many other revenues for financial assets and liabilities, including loans, leases, and securities.



(Dollars in Thousands)	Consumer						Commercial						Corporate Services/Other					Consolidated Company
Nine Months Ended June 30,	2020		2019		2020		2019		2020		2019			2020		2019
Net interest income⁽¹⁾	$	69,684	$	56,484	$	112,866	$	113,604	$	11,975	$	28,502		$	194,525	$	198,590
Noninterest income:
Refund transfer product fees	33,726		38,559		—		—		—		—			33,726		38,559
Tax advance product fees⁽¹⁾	31,840		34,757		—		—		—		—			31,840		34,757
Payment card and deposit fees	65,957		66,855		—		—		—		—			65,957		66,855
Other bank and deposit fees	—		—		759		872		324		577			1,083		1,449
Rental income⁽¹⁾	14		5		33,354		29,871		1,314		291			34,682		30,167
Gain on sale of securities available-for-sale, net⁽¹⁾	—		—		—		—		—		649			—		649
Gain on divestitures⁽¹⁾	—		—		—		—		19,275		—			19,275		—
(Loss) gain on sale of other⁽¹⁾	(19)		173		6,131		5,874		(5,143)		70			969		6,117
Other income⁽¹⁾	2,709		871		4,178		3,789		4,625		3,352			11,512		8,012
Total noninterest income	134,227		141,220		44,422		40,406		20,395		4,939			199,044		186,565
Revenue	$	203,911	$	197,704	$	157,288	$	154,010	$	32,370	$	33,441		$	393,569	$	385,155

⁽¹⁾These revenues are not within the scope of Topic 606. Additional details are included in other footnotes to the accompanying financial statements. The scope of Topic 606 explicitly excludes net interest income as well as many other revenues for financial assets and liabilities, including loans, leases, and securities.

Following is a discussion of key revenues within the scope of Topic 606. The Company provides services to customers that have related performance obligations that must be completed to recognize revenue. Revenues are generally recognized immediately upon the completion of the service or over time as services are performed. Any services performed over time generally require that the Company renders services each period; therefore, the Company measures progress in completing these services based upon the passage of time. Revenue from contracts with customers did not generate significant contract assets and liabilities.

Refund Transfer Product Fees

Refund transfer fees are specific to the tax products offered by Refund Advantage and EPS. These fees are for products, services such as payment processing, and product referral commissions. Software partner fees paid and/or incurred are recorded on a net basis. The Company’s obligation for product fees and commissions is satisfied at the time of the product delivery and obligation for payment processing is satisfied at the time of processing. The transaction price for such activity is based upon stand-alone fees within the terms and conditions. At June 30, 2020 and September 30, 2019, there were no receivables related to refund transfer fees, which reflect earned revenue with unconditional rights to payment for product fee income. All refund transfer fees are recorded within the Consumer reporting segment.

Card Fees

Card fees relate to MPS, Community Bank, Refund Advantage and EPS products. These fees are for products and services such as card activation, product support, processing, and servicing. The Company earns these fees based upon the underlying terms and conditions with each cardholder over the contract term. Agreements with the Company’s cardholders are considered daily service contracts as they are not fixed in duration. The Company’s obligation for card activation and product support fees is satisfied at the time of product delivery, while the obligation for processing and servicing is satisfied over the course of each month. The transaction price for such activity is based upon the stand-alone fees within the terms and conditions of the cardholder agreements. Card fee revenue also includes income from sponsorships, associations and networks, and interchange income. Sponsorship income relates to fees charged to the Company’s ATM sponsorship partners, where the obligation is satisfied over the course of each month. Association and network income reflect incentives, performance bonuses and rebates with MasterCard and Visa. The obligation for such income is satisfied at the time when certain thresholds of transaction volume have been met. Interchange income is generated by cardholder activity, and therefore the Company’s obligations are satisfied as activity occurs. The transaction price for such activity is based on underlying rates and activity thresholds within the terms and conditions of the applicable agreements. Card fee revenue also includes breakage revenue. Breakage represents the estimated amount that will not be redeemed by the holder of unregistered, unused prepaid cards for goods or services. Breakage revenue is recognized ratably over the expected customer usage period and is an estimate based on cardholder behavior and breakage rates. Breakage is also impacted by escheatment laws. Card fees are recorded within both the Consumer and Commercial reporting segments, the substantial majority of which is derived from the Company's payments divisions and reported in payments card and deposit fees. Card fees related to the Community Bank are reported within other bank and deposit fees.

Bank and Deposit Fees

Fees are earned on depository accounts for consumer and commercial customers and include fees for account services, overdraft services, safety deposit box rentals, and event-driven services (i.e. returned checks, ATM surcharge, card replacement, wire transfers, and stop pays). The Company’s obligation for event-driven services is satisfied at the time of the event when the service is delivered, while its obligation for account services is satisfied over the course of each month. The Company’s obligation for overdraft services is satisfied at the time of overdraft. The transaction price for such activity is based upon stand-alone fees within the terms and conditions of the deposit agreements. Bank and deposit fees are recorded within both the Consumer and Commercial reporting segments, the majority of which are derived from the Company's payments divisions. Bank and deposit fees related to the Community Bank are reported within other bank and deposit fees.

Principal vs Agent

The Consumer reporting segment includes principal/agent relationships. Within this segment, MPS relationships are recorded on a gross basis within the Consolidated Statements of Operations, as Meta is the principal in the contract, with the exception of association/network contracts and partner/processor contracts for prepaid cards, which are recorded on a net basis within the Consolidated Statements of Operations as Meta is the agent in these contracts. Also within this segment, Tax Service relationships are recorded on a gross basis within the Consolidated Statements of Operations, as Meta is the principal in the contract, with the exception of contracts with software providers and merchants, which are recorded on a net basis within the Consolidated Statements of Operations as Meta is the agent in these contracts.

- Definition

The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-URI http://asc.fasb.org/topic&trid=49130388

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130551-203045

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 13
-Subparagraph (b)(2)
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130556-203045

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 12
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130554-203045

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 9
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130550-203045

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 12
-Subparagraph (e)
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130554-203045

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 12
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130554-203045

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 12
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130554-203045

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 15
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Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
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-Section 50
-Paragraph 12
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130554-203045

+ Details

SEGMENT REPORTING

9 Months Ended

Jun. 30, 2020

Segment Reporting [Abstract]

SEGMENT REPORTING

An operating segment is generally defined as a component of a business for which discrete financial information is available and whose results are reviewed by the chief operating decision-maker. Operating segments are aggregated into reportable segments if certain criteria are met.

In the Annual Report on Form 10-K for the fiscal year ended September 30, 2019, the Company reported its results of operations through three business segments: Payments, Banking, and Corporate Services/Other. Beginning October 1, 2019, segments are now aligned with the new management operating structure implemented by the Company for fiscal year 2020. The Company accordingly has changed its basis of presentation for segments, and following such change, reports its results of operations through the following three business segments: Consumer, Commercial, and Corporate Services/Other. The Meta Payment Systems and Tax Services divisions, formerly reported in the Payments segment, are now included in the Consumer segment. The Warehouse Finance, Consumer Credit Products and ClearBalance business lines, previously reported in the Banking segment, are now included in the Consumer segment. The Crestmark and AFS divisions, formerly reported in the Banking segment, are now included in the Commercial segment. The Community Bank division and Student Loan lending portfolio, previously reported in the Banking segment, are now included in the Corporate Services/Other segment. The Corporate Services/Other segment also includes certain shared services as well as treasury related functions such as the investment portfolio, wholesale deposits and borrowings. Prior periods have been reclassified to conform to the current period presentation. The Company does not report indirect general and administrative expenses in the Consumer and Commercial segments.

The following tables present segment data for the Company for the three and nine months ended:


(Dollars in Thousands)	Consumer		Commercial		Corporate Services/Other		Total
Three Months Ended June 30, 2020


Net interest income	$	29,507	$	36,104	$	(3,474)	$	62,137
Provision for loan and lease losses	(267)		7,946		7,414		15,093
Noninterest income	26,254		13,920		874		41,048
Noninterest expense	15,249		26,729		29,263		71,241
Income (loss) before income tax expense (benefit)	40,779		15,349		(39,277)		16,851

Total assets	650,814		2,690,719		5,437,493		8,779,026
Total goodwill	87,145		222,360		—		309,505
Total deposits	6,767,516		9,243		813,566		7,590,325



(Dollars in Thousands)	Consumer		Commercial		Corporate Services/Other		Total
Nine Months Ended June 30, 2020


Net interest income	$	69,684	$	112,866	$	11,975	$	194,525
Provision for loan and lease losses	20,348		23,641		11,807		55,796
Noninterest income	134,227		44,422		20,395		199,044
Noninterest expense	62,567		80,815		95,386		238,768
Income (loss) before income tax expense (benefit)	120,996		52,832		(74,823)		99,005

Total assets	650,814		2,690,719		5,437,493		8,779,026
Total goodwill	87,145		222,360		—		309,505
Total deposits	6,767,516		9,243		813,566		7,590,325


(Dollars in Thousands)	Consumer		Commercial		Corporate Services/Other		Total
Three Months Ended June 30, 2019


Net interest income	$	22,981	$	39,688	$	4,299	$	66,968
Provision for loan and lease losses	1,121		6,501		1,490		9,112
Noninterest income	28,572		12,819		2,399		43,790
Noninterest expense	14,730		28,564		29,174		72,468
Income (loss) before income tax expense (benefit)	35,702		17,442		(23,966)		29,178

Total assets	663,579		2,320,589		3,116,904		6,101,072
Total goodwill	87,145		220,796		—		307,941
Total deposits	2,811,582		5,988		1,957,644		4,775,214



(Dollars in Thousands)	Consumer		Commercial		Corporate Services/Other		Total
Nine Months Ended June 30, 2019


Net interest income	$	56,484	$	113,604	$	28,502	$	198,590
Provision for loan losses	25,739		17,441		8,349		51,529
Noninterest income	141,220		40,406		4,939		186,565
Noninterest expense	62,834		95,567		98,615		257,016
Income (loss) before income tax expense (benefit)	109,131		41,002		(73,523)		76,610

Total assets	663,579		2,320,589		3,116,904		6,101,072
Total goodwill	87,145		220,796		—		307,941
Total deposits	2,811,582		5,988		1,957,644		4,775,214

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8924-108599

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
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Reference 3: http://www.xbrl.org/2003/role/disclosureRef
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Reference 4: http://www.xbrl.org/2003/role/disclosureRef
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Reference 5: http://www.xbrl.org/2003/role/disclosureRef
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Reference 6: http://www.xbrl.org/2003/role/disclosureRef
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-Subparagraph (e)
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Reference 8: http://www.xbrl.org/2003/role/disclosureRef
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Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
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-Name Accounting Standards Codification
-Topic 280
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-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8657-108599

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
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Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
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-URI http://asc.fasb.org/topic&trid=2134510

+ Details

FAIR VALUE OF FINANCIAL INSTRUMENTS

9 Months Ended

Jun. 30, 2020

Fair Value Disclosures [Abstract]

FAIR VALUE OF FINANCIAL INSTRUMENTS

FAIR VALUES OF FINANCIAL INSTRUMENTS

Accounting Standards Codification ("ASC") 820, Fair Value Measurements defines fair value, establishes a framework for measuring the fair value of assets and liabilities using a hierarchy system and requires disclosures about fair value measurement. It clarifies that fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants in the market in which the reporting entity transacts.

The fair value hierarchy is as follows:

Level 1 Inputs - Valuation is based upon quoted prices for identical instruments traded in active markets that the Company has the ability to access at measurement date.

Level 2 Inputs - Valuation is based upon quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active and model-based valuation techniques for which significant assumptions are observable in the market.

Level 3 Inputs - Valuation is generated from model-based techniques that use significant assumptions not observable in the market and are used only to the extent that observable inputs are not available. These unobservable assumptions reflect the Company’s own estimates of assumptions that market participants would use in pricing the asset or liability. Valuation techniques include use of option pricing models, discounted cash flow models and similar techniques.

There were no transfers between levels of the fair value hierarchy at June 30, 2020 or September 30, 2019.

Debt Securities Available for Sale and Held to Maturity. Debt securities available for sale are recorded at fair value on a recurring basis and debt securities held to maturity are carried at amortized cost.

The fair values of debt securities available for sale are determined by obtaining quoted prices on nationally recognized securities exchanges (Level 1 inputs), or valuation based upon quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active and model-based valuation techniques for which significant assumptions are observable in the market (Level 2 inputs). The Company considers these valuations supplied by a third-party provider, which utilizes several sources for valuing fixed-income securities. These sources include Interactive Data Corporation, Reuters, Standard and Poor’s, Bloomberg Financial Markets, Street Software Technology and the third-party provider’s own matrix and desk pricing. The Company, no less than annually, reviews the third-party provider’s methods and source’s methodology for reasonableness and to ensure an understanding of inputs utilized in determining fair value. Sources utilized by the third-party provider include but are not limited to pricing models that vary based on asset class and include available trade, bid, and other market information. This methodology includes but is not limited to broker quotes, proprietary models, descriptive terms and conditions databases, as well as extensive quality control programs. Monthly, the Company receives and compares prices provided by multiple securities dealers and pricing providers to validate the accuracy and reasonableness of prices received from the third-party provider; and our Investment Committee reviews mark-to-market changes in the securities portfolio for reasonableness.

Equity Securities. Marketable equity securities and certain non-marketable equity securities are recorded at fair value on a recurring basis. The fair values of marketable equity securities are determined by obtaining quoted prices on nationally recognized securities exchanges (Level 1 inputs).

The following tables summarize the fair values of debt securities available for sale and equity securities as they are measured at fair value on a recurring basis:


	Fair Value At June 30, 2020
(Dollars in Thousands)	Total		Level 1		Level 2		Level 3
Debt securities AFS
SBA securities	$	170,267	$	—	$	170,267	$	—
Obligations of states and political subdivisions	843		—		843		—
Non-bank qualified obligations of states and political subdivisions	331,324		—		331,324		—
Asset-backed securities	323,145		—		323,145		—
Mortgage-backed securities	338,250		—		338,250		—
Total debt securities AFS	$	1,163,829	$	—	$	1,163,829	$	—
Common equities and mutual funds⁽¹⁾	$	3,012	$	3,012	$	—	$	—
Non-marketable equity securities⁽²⁾	$	2,741	$	—	$	—	$	—

⁽¹⁾Equity securities at fair value are included within other assets on the consolidated statement of financial condition at June 30, 2020 and September 30, 2019.

⁽²⁾Consists of certain non-marketable equity securities that are measured at fair value using net asset value ("NAV") per share (or its equivalent) as a practical expedient and are excluded from the fair value hierarchy.


	Fair Value At September 30, 2019
(Dollars in Thousands)	Total		Level 1		Level 2		Level 3
Debt securities AFS
SBA securities	$	185,982	$	—	$	185,982	$	—
Obligations of states and political subdivisions	874		—		874		—
Non-bank qualified obligations of states and political subdivisions	400,557		—		400,557		—
Asset-backed securities	302,534		—		302,534		—
Mortgage-backed securities	382,546		—		382,546		—
Total debt securities AFS	$	1,272,493	$	—	$	1,272,493	$	—
Common equities and mutual funds⁽¹⁾	$	2,606	$	2,606	$	—	$	—
Non-marketable equity securities⁽²⁾	$	1,669	$	—	$	—	$	—

⁽¹⁾Equity securities at fair value are included within other assets on the consolidated statement of financial condition at June 30, 2020 and September 30, 2019.

⁽²⁾Consists of certain non-marketable equity securities that are measured at fair value using NAV per share (or its equivalent) as a practical expedient and are excluded from the fair value hierarchy.

Foreclosed Real Estate and Repossessed Assets. Real estate properties and repossessed assets are initially recorded at the fair value less selling costs at the date of foreclosure, establishing a new cost basis. The carrying amount represents the lower of the new cost basis or the fair value less selling costs of foreclosed assets that were measured at fair value subsequent to their initial classification as foreclosed assets.

Loans and Leases. The Company does not record loans and leases at fair value on a recurring basis. However, if a loan or lease is considered impaired, an allowance for loan and lease losses is established. Once a loan or lease is identified as individually impaired, management measures impairment in accordance with ASC 310, Receivables. See Note 5. Loans and Leases, Net for further information.

The following table summarizes the assets of the Company that are measured at fair value in the Condensed Consolidated Statements of Financial Condition on a non-recurring basis:


	Fair Value At June 30, 2020
(Dollars in Thousands)	Total		Level 1		Level 2		Level 3
Impaired loans and leases, net







Commercial finance	$	14,493	$	—	$	—	$	14,493





Total National Lending	14,493		—		—		14,493

Commercial real estate and operating	20		—		—		20

Total Community Banking	20		—		—		20
Total impaired loans and leases, net	14,513		—		—		14,513
Foreclosed assets, net	6,784		—		—		6,784
Total	$	21,297	$	—	$	—	$	21,297


	Fair Value At September 30, 2019
(Dollars in Thousands)	Total		Level 1		Level 2		Level 3
Impaired loans and leases, net






Commercial finance	$	8,707	$	—	$	—	$	8,707





Total National Lending	8,707		—		—		8,707




Total impaired loans and leases, net	8,707		—		—		8,707
Foreclosed assets, net	29,494		—		—		29,494
Total	$	38,201	$	—	$	—	$	38,201

Quantitative Information About Level 3 Fair Value Measurements

(Dollars in Thousands)

Fair Value at
June 30, 2020

Fair Value at
September 30, 2019

Valuation
Technique

Unobservable Input

Range of Inputs

Impaired loans and leases, net

$

14,513

8,707

Market approach

Appraised values⁽¹⁾

4% - 10%

Foreclosed assets, net

$

6,784

29,494

Market approach

Appraised values⁽¹⁾

4% - 30%

⁽¹⁾The Company generally relies on external appraisers to develop this information. Management reduced the appraised value by estimating selling costs and other inputs in a range of 4% to 30%.

The following tables disclose the Company’s estimated fair value amounts of its financial instruments at the dates set forth below. It is management’s belief that the fair values presented below are reasonable based on the valuation techniques and data available to the Company at June 30, 2020 and September 30, 2019, as more fully described below. The operations of the Company are managed from a going concern basis and not a liquidation basis. As a result, the ultimate value realized for the financial instruments presented could be substantially different when actually recognized over time through the normal course of operations. Additionally, a substantial portion of the Company’s inherent value is the Bank’s capitalization and franchise value. Neither of these components have been given consideration in the presentation of fair values below.

The following tables present the carrying amount and estimated fair value of the financial instruments held by the Company:


	June 30, 2020
(Dollars in Thousands)	Carrying Amount		Estimated Fair Value		Level 1		Level 2		Level 3
Financial assets
Cash and cash equivalents	$	3,108,141	$	3,108,141	$	3,108,141	$	—	$	—
Debt securities available for sale	1,163,829		1,163,829		—		1,163,829		—
Debt securities held to maturity	104,587		103,832		—		103,832		—
Common equities and mutual funds⁽¹⁾	3,012		3,012		3,012		—		—
Non-marketable equity securities⁽¹⁾⁽²⁾	13,741		13,741		—		11,000		—
Loans held for sale	79,905		79,905		—		79,905		—
Loans and leases receivable	3,496,709		3,488,875		—		—		3,488,875
Federal Reserve Bank and Federal Home Loan Bank stocks	31,836		31,836		—		31,836		—
Accrued interest receivable	17,545		17,545		17,545		—		—

Financial liabilities

Deposits	7,590,325		7,592,382		7,037,218		555,164		—

Federal Home Loan Bank advances	110,000		111,877		—		111,877		—
Other short- and long-term borrowings	99,781		100,342		—		100,342		—
Accrued interest payable	4,332		4,332		4,332		—		—

⁽¹⁾Equity securities at fair value are included within other assets on the consolidated statement of financial condition at June 30, 2020 and September 30, 2019.

⁽²⁾ Includes certain non-marketable equity securities that are measured at fair value using NAV per share (or its equivalent) as a practical expedient and are excluded from the fair value hierarchy.


	September 30, 2019
(Dollars in Thousands)	Carrying Amount		Estimated Fair Value		Level 1		Level 2		Level 3
Financial assets
Cash and cash equivalents	$	126,545	$	126,545	$	126,545	$	—	$	—
Debt securities available for sale	1,272,493		1,272,493		—		1,272,493		—
Debt securities held to maturity	134,764		133,470		—		133,470		—
Common equities and mutual funds(¹⁾	2,606		2,606		2,606		—		—
Non-marketable equity securities⁽¹⁾⁽²⁾	8,169		8,169		—		6,500		—
Loans held for sale	148,777		148,777		—		148,777		—
Loans and leases receivable	3,651,413		3,622,597		—		—		3,622,597
Federal Home Loan Bank stock	30,916		30,916		—		30,916		—
Accrued interest receivable	20,400		20,400		20,400		—		—
Financial liabilities
Deposits	4,337,005		4,338,510		2,920,516		1,417,994		—
Overnight federal funds purchased	642,000		642,000		642,000		—		—
Federal Home Loan Bank advances	110,000		110,691		—		110,691		—
Other short- and long-term borrowings	109,857		113,876		—		113,876		—
Accrued interest payable	9,414		9,414		9,414		—		—

⁽¹⁾Equity securities at fair value are included within other assets on the consolidated statement of financial condition at June 30, 2020 and September 30, 2019.

⁽²⁾ Includes certain non-marketable equity securities that are measured at fair value using NAV per share (or its equivalent) as a practical expedient and are excluded from the fair value hierarchy.

The following sets forth the methods and assumptions used in determining the fair value estimates for the Company’s financial instruments at June 30, 2020 and September 30, 2019.

CASH AND CASH EQUIVALENTS

The carrying amount of cash and short-term investments is assumed to approximate the fair value.

DEBT SECURITIES AVAILABLE FOR SALE AND EQUITY SECURITIES

Debt securities available for sale and equity securities are recorded at fair value on a recurring basis. Fair values for these investment securities are based on obtaining quoted prices on nationally recognized securities exchanges, or matrix pricing, which is a mathematical technique widely used in the industry to value debt securities without relying exclusively on quoted prices for the specific securities, but rather by relying on the securities’ relationship to other benchmark quoted securities. Non-marketable equity securities are measured at fair value using NAV per share (or its equivalent) as a practical expedient.

LOANS HELD FOR SALE

The carrying amount of loans held for sale is assumed to approximate the fair value.

LOANS AND LEASES, NET

The fair values of loans and leases were estimated using an exit price methodology. The exit price estimation of fair value is based on the present value of expected cash flows, which are based on the contractual terms of the loans, adjusted for prepayments and a discount rate based on the relative risk of the cash flows. Other considerations include the loan type, remaining life of the loan and credit risk.

FEDERAL RESERVE BANK AND FEDERAL HOME LOAN BANK STOCKS

The fair value of FRB and FHLB stock is assumed to approximate book value since the Company is only able to redeem this stock at par value.

ACCRUED INTEREST RECEIVABLE

The carrying amount of accrued interest receivable is assumed to approximate the fair value.

DEPOSITS

The carrying values of noninterest-bearing checking deposits, interest-bearing checking deposits, savings, money markets, and wholesale non-maturing deposits are assumed to approximate fair value since deposits are immediately withdrawable without penalty. The fair value of time certificate deposits and wholesale certificate of deposits are estimated using a discounted cash flows calculation that applies the FHLB Des Moines curve to aggregated expected maturities of time deposits. In accordance with Subtopic 825-10, Financial Instruments, no value has been assigned to the Company’s long-term relationships with its deposit customers (core value of deposits intangible) as such intangibles are not financial instruments as defined under Subtopic 825-10.

OVERNIGHT FEDERAL FUNDS PURCHASED

The carrying amount of federal funds purchased is assumed to approximate the fair value.

FEDERAL HOME LOAN BANK ADVANCES

The fair value of such advances was estimated by discounting the expected future cash flows using current interest rates for advances with similar terms and remaining maturities.

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE, SUBORDINATED DEBENTURES AND OTHER BORROWINGS

The fair value of these instruments was estimated by discounting the expected future cash flows using derived interest rates approximating market over the contractual maturity of such borrowings.

ACCRUED INTEREST PAYABLE

The carrying amount of accrued interest payable is assumed to approximate the fair value.

LIMITATIONS

Fair value estimates are made at a specific point in time and are based on relevant market information about the financial instrument. Additionally, fair value estimates are based on existing on- and off-balance sheet financial instruments without attempting to estimate the value of anticipated future business, customer relationships and the value of assets and liabilities that are not considered financial instruments. These estimates do not reflect any premium or discount that could result from offering the Company’s entire holdings of a particular financial instrument for sale at one time. Furthermore, since no market exists for certain of the Company’s financial instruments, fair value estimates may be based on judgments regarding future expected loss experience, current economic conditions, risk characteristics of various financial instruments and other factors. These estimates are subjective in nature and involve uncertainties and matters of significant judgment and therefore cannot be determined with a high level of precision. Changes in assumptions as well as tax considerations could significantly affect the estimates. Accordingly, based on the limitations described above, the aggregate fair value estimates are not intended to represent the underlying value of the Company, on either a going concern or a liquidation basis.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

SUBSEQUENT EVENTS	9 Months Ended
SUBSEQUENT EVENTS	Jun. 30, 2020
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	SUBSEQUENT EVENTS Management has evaluated subsequent events that occurred after June 30, 2020. During this period, up to the filing date of this Quarterly Report on Form 10-Q, management identified the following subsequent events: •On August 5, 2020, MetaBank, N.A., a wholly-owned subsidiary of the Company (“MetaBank”) entered into a three-year program management agreement (the “PMA”) with Emerald Financial Services, LLC (“EFS”), a wholly owned indirect subsidiary of H&R Block, Inc. (“H&R Block”), pursuant to which MetaBank will serve as a facilitator for H&R Block’s suite of financial services products, which include: Emerald Prepaid MasterCard®, Refund Transfers, Refund Advances, Emerald Advance® lines of credit, and other products through H&R Block’s distribution channels. EFS has the right to terminate the PMA under certain circumstances, including if the Bank should lose its exemption from certain provisions of the Dodd-Frank Act known as the “Durbin Amendment.” Based on current projections (or forecasts) MetaBank does not anticipate losing its Durbin Amendment exemption during the initial term of the PMA. Upon termination of the PMA or any of the related product schedules, EFS has the right to purchase or arrange the purchase of all of the affected accounts related to its ongoing product offerings. •On August 4, 2020, the Company sold an additional $58.6 million of the retained Community Bank portfolio to Central Bank. The sale did not result in any material gain to the Company. The loans included in the sale were classified as held for sale for the quarter ended June 30, 2020. •As a result of interagency guidance issued on March 22, 2020 encouraging companies to work with customers impacted by COVID-19, the Company has granted deferral of payments or has made other COVID-19 related modifications. As of July 31, 2020, loans and leases totaling $175.8 million were still in their deferment period and $33.9 million of other COVID-19 related modifications were still active.

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND RECENTLY ADOPTED ACCOUNTING STANDARDS UPDATES ("ASU") (Policies)	9 Months Ended
	Jun. 30, 2020
Accounting Policies [Abstract]
New Accounting Pronouncements	Adopted ASUs Leases -- The Company adopted ASU 2016-02, Leases (Topic 842), and subsequent related updates (collectively ASU 2016-02) on October 1, 2019, which requires lessees to recognize most leases on their balance sheet. Lessor accounting is largely unchanged. The ASU requires both quantitative and qualitative disclosures regarding key information about lease arrangements from both lessees and lessors. The Company elected the effective date transition method utilizing the adoption date as the first date of application of the revised guidance. As a result, prior period amounts have not been restated. Upon adoption, the Company elected certain transitional practical expedients offered through the guidance, including the 'package of practical expedients' whereby it did not reassess (i) whether any expired or existing contracts contain leases, (ii) the lease classification of any expired or existing leases, and (iii) initial direct costs for any existing leases, which resulted in the Company not recognizing a cumulative effect adjustment to retained earnings. Management evaluated Meta’s leasing contracts and activities and developed methodologies and processes to estimate and account for the right-of-use ("ROU") assets and lease liabilities for building leases based on the present value of future lease payments. On October 1, 2019, the Company recorded ROU assets and lease liabilities totaling $27.4 million and $28.6 million, respectively. The impact to capital ratios as a result of increased risk-weighted assets was immaterial. The adoption of this guidance did not result in a material change to lessee expense recognition. The changes to lessor accounting, as well as change in customer behavior driven by the adoption of these ASUs, impact the results of Meta’s lease financing businesses, including earlier recognition of expense due to a narrower definition of initial direct costs. As a lessee, the Company enters into contracts to lease real estate, information technology equipment and other various types of equipment. Leases that transfer substantially all of the benefits and risks of ownership to the Company are classified as finance leases, while all others are classified as operating leases. At lease commencement for buildings, a lease liability and ROU asset are calculated and recognized on both types of leases. The lease liability is equal to the present value of the future minimum lease payments. The ROU asset is equal to the lease liability, plus any initial direct costs and prepaid lease payments, less any lessor incentives received. Operating lease ROU assets are included in other assets and finance lease ROU assets are included in premises and equipment, net. The Company uses the appropriate term Federal Home Loan Bank ("FHLB") rate to determine the discount rate for the present value calculation of future minimum lease payments when an implicit rate is not known for a given lease. The lease term used in the calculation includes any options to extend that the Company is reasonably certain to exercise. The Company has elected to not recognize assets or liabilities on its balance sheet related to short-term leases. Subsequent to lease commencement, lease liabilities recorded for finance leases are measured using the effective interest rate method and the related ROU assets are amortized on a straight-line basis over the lease term. Interest expense and amortization expense are recorded separately on the Condensed Consolidated Statements of Operations in interest expense on borrowings and occupancy and equipment noninterest expense, respectively. At June 30, 2020, the Company had no finance lease ROU assets or lease liabilities. For operating leases, total lease cost is comprised of lease expense, short-term lease cost, variable lease cost and sublease income. Lease expense includes future minimum lease payments, which are recognized on a straight-line basis over the lease term, as well as common area maintenance charges, real estate taxes, insurance and other expenses, where applicable, which are expensed as incurred. Total lease cost for operating leases is recorded in occupancy and equipment noninterest expense. See Note 11. Operating Lease Right-of-Use Assets and Liabilities for further information. The Company also adopted the following ASUs on October 1, 2019, none of which had a material impact on the Company’s Condensed Consolidated Financial Statements: –ASU 2018-02, Income Statement -- Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income. The Company elected to not reclassify tax effects stranded in accumulated other comprehensive income. –ASU 2018-09, Codification Improvements. ASUs to be Adopted ASU 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments. This ASU, along with subsequent ASUs published as clarifications to Topic 326, requires entities to replace the incurred loss impairment methodology with a methodology reflecting expected credit losses with considerations for a broader range of reasonable and supportable information to substantiate credit loss estimates and applies to loans, net investments in leases, debt securities, certain financial assets not accounted for at fair value through net income, and certain off-balance sheet credit exposures. This ASU is effective for the Company on October 1, 2020 and will be adopted on a modified retrospective basis through a cumulative-effect adjustment to retained earnings as of the beginning of the year of adoption. The Company's implementation process includes loss forecasting model development, evaluation of technical accounting topics, updates to the Company's allowance documentation, reporting processes and related internal controls, and operational readiness for the adoption of this ASU. The Company is utilizing a third-party vendor software for its credit loss estimate and is in process of reviewing model assumptions and other validation tasks. The Company is running its key processes parallel with current incurred loss models and will continue to refine its estimates throughout 2020 as CECL models are implemented and results are vetted. The amount of the change in the Company's allowance for loan and lease losses will be impacted by the portfolio composition and credit quality at the adoption date as well as economic conditions and forecasts at that time. At adoption, the Company expects to have a cumulative-effect adjustment to retained earnings for the change in the allowance for loan and lease losses, which will impact capital. Federal banking regulations permit institutions to limit the initial capital impact of this ASU by allowing a deferral of two years followed by three-year transition period to phase out the cumulative benefit to regulatory capital. An increase in the Company's allowance for loan and lease losses will result in a reduction to regulatory capital amounts and ratios; however, at this point of implementation, the Company is unable to provide a more precise estimate of the impact as results are still being vetted, including validation of model assumptions and estimation techniques as well as the build-out of operational and control structure supporting the end-to-end process. Other Upcoming ASUs - Refer to the Company’s most recently audited consolidated financial statements for the year ended September 30, 2019 for the latest update on other ASUs relevant to the Company and not yet adopted at June 30, 2020.

SIGNIFICANT EVENTS (Tables)

9 Months Ended

Jun. 30, 2020

Commitments and Contingencies Disclosure [Abstract]

Schedule of Active COVID Related Modifications

The table below presents the outstanding balance of active COVID-19 related modifications by type and category as of June 30, 2020.


	June 30, 2020
(Dollars in Thousands)	COVID-19 Related Payment Deferrals		Other COVID-19 Related Modifications
National Lending
Term lending	$	88,227	$	—
Asset based lending	324		17,333
Factoring	3,564		17,295
Lease financing	27,310		—
Insurance premium finance	5,505		—
SBA/USDA	7,724		—
Other commercial finance	74		—
Commercial finance	132,728		34,628
Consumer credit products	462		—
Other consumer finance	6,855		—
Consumer finance	7,317		—


Total National Lending	140,045		34,628
Community Banking
Commercial real estate and operating	148,838		—
Consumer one-to-four family real estate and other	2,534		—

Total Community Banking	151,372		—
Total loans and leases	291,417		34,628
Rental equipment	819		—
Total COVID-19 related modifications	$	292,236	$	34,628

DIVESTITURES (Tables)

9 Months Ended

Jun. 30, 2020

Discontinued Operations and Disposal Groups [Abstract]

Disposal Groups, Including Discontinued Operations

The Company has summarized the results of the transaction below.


(Dollars in Thousands)	Fair Value at February 29, 2020
Cash and cash equivalents	$	2,504
Loans	268,584
Premises, furniture and equipment	4,945
Other assets	1,250
Total assets	$	277,283

Deposits	$	290,493
Borrowings	—
Other liabilities	1,720
Total liabilities	$	292,213

Net assets	$	(14,930)
Purchase price	4,345
Gain on sale	$	19,275

The Company has summarized the Community Bank division results for the three and nine months ended June 30, 2020 below.


(Dollars in Thousands)	Community Bank Sold⁽¹⁾		Community Bank Retained⁽²⁾		Total Community Bank
Three Months Ended June 30, 2020
Net interest income	$	—	$	7,955	$	7,955
(Reversal) Provision for loan and lease losses	(491)		7,547		7,056
Noninterest income	—		11		11
Noninterest expense	39		1,562		1,601
Net income (loss) before income tax expense	$	452	$	(1,143)	$	(691)
Nine Months Ended June 30, 2020
Net interest income	$	2,512	$	25,348	$	27,860
(Reversal) Provision for loan and lease losses	(2,241)		14,521		12,280
Noninterest income	19,694		(3,473)		16,221
Noninterest expense	4,955		5,113		10,068
Net income (loss) before income tax expense	$	19,492	$	2,241	$	21,733

⁽¹⁾ Reflects the activity of the assets and liabilities included in the disposal of the Community Bank division through June 30, 2020.

⁽²⁾ Reflects the activity of the retained Community Bank loan portfolio as of June 30, 2020.

- Definition

Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component.

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+ Details

SECURITIES (Tables)

9 Months Ended

Jun. 30, 2020

Investments, Debt and Equity Securities [Abstract]

Securities Available for Sale

The amortized cost, gross unrealized gains and losses and estimated fair values of available for sale ("AFS") and held to maturity ("HTM") debt securities are presented below.


(Dollars in Thousands)	Amortized Cost		Gross Unrealized Gains		Gross Unrealized (Losses)		Fair Value
At June 30, 2020
Debt securities AFS
SBA securities	$	165,299	$	5,109	$	(141)	$	170,267
Obligations of states and political subdivisions	826		17		—		843
Non-bank qualified obligations of states and political subdivisions	327,423		4,803		(902)		331,324
Asset-backed securities	334,075		1,575		(12,505)		323,145
Mortgage-backed securities	325,025		13,381		(156)		338,250
Total debt securities AFS	$	1,152,648	$	24,885	$	(13,704)	$	1,163,829


(Dollars in Thousands)	Amortized Cost		Gross Unrealized Gains		Gross Unrealized (Losses)		Fair Value
At September 30, 2019
Debt securities AFS
SBA securities	$	182,327	$	3,655	$	—	$	185,982
Obligations of states and political subdivisions	858		16		—		874
Non-bank qualified obligations of states and political subdivisions	396,430		5,030		(903)		400,557
Asset-backed securities	305,603		262		(3,331)		302,534
Mortgage-backed securities	378,670		5,731		(1,855)		382,546
Total debt securities AFS	$	1,263,888	$	14,694	$	(6,089)	$	1,272,493

Securities Held to Maturity


(Dollars in Thousands)	Amortized Cost		Gross Unrealized Gains		Gross Unrealized (Losses)		Fair Value
At June 30, 2020
Debt securities HTM
Non-bank qualified obligations of states and political subdivisions	$	98,205	$	133	$	(1,016)	$	97,322
Mortgage-backed securities	6,382		128		—		6,510
Total debt securities HTM	$	104,587	$	261	$	(1,016)	$	103,832


(Dollars in Thousands)	Amortized Cost		Gross Unrealized Gain		Gross Unrealized (Losses)		Fair Value
At September 30, 2019
Debt securities HTM
Non-bank qualified obligations of states and political subdivisions	$	127,582	$	108	$	(1,403)	$	126,287
Mortgage-backed securities	7,182		14		(13)		7,183
Total debt securities HTM	$	134,764	$	122	$	(1,416)	$	133,470

Schedule of Unrealized Loss on Investments, AFS

Gross unrealized losses and fair value, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, were as follows:


	LESS THAN 12 MONTHS						OVER 12 MONTHS						TOTAL
(Dollars in Thousands)	Fair Value		Unrealized (Losses)		Fair Value		Unrealized (Losses)		Fair Value		Unrealized (Losses)
At June 30, 2020
Debt securities AFS
SBA securities	$	34,402	$	(141)	$	—	$	—	$	34,402	$	(141)

Non-bank qualified obligations of states and political subdivisions	46,805		(279)		40,425		(623)		87,230		(902)
Asset-backed securities	103,915		(2,423)		178,986		(10,082)		282,901		(12,505)
Mortgage-backed securities	32,214		(156)		—		—		32,214		(156)
Total debt securities AFS	$	217,336	$	(2,999)	$	219,411	$	(10,705)	$	436,747	$	(13,704)


	LESS THAN 12 MONTHS						OVER 12 MONTHS						TOTAL
(Dollars in Thousands)	Fair Value		Unrealized (Losses)		Fair Value		Unrealized (Losses)		Fair Value		Unrealized (Losses)
At September 30, 2019
Debt securities AFS
SBA securities	$	10,262	$	—	$	—	$	—	$	10,262	$	—

Non-bank qualified obligations of states and political subdivisions	66,326		(177)		55,428		(726)		121,754		(903)
Asset-backed securities	158,176		(1,823)		93,259		(1,508)		251,435		(3,331)
Mortgage-backed securities	1,713		(1)		89,634		(1,854)		91,347		(1,855)
Total debt securities AFS	$	236,477	$	(2,001)	$	238,321	$	(4,088)	$	474,798	$	(6,089)

Schedule of Unrealized Loss on Investments, HTM


	LESS THAN 12 MONTHS						OVER 12 MONTHS						TOTAL
(Dollars in Thousands)	Fair Value		Unrealized (Losses)		Fair Value		Unrealized (Losses)		Fair Value		Unrealized (Losses)
At June 30, 2020
Debt securities HTM
Non-bank qualified obligations of states and political subdivisions	$	—	$	—	$	83,207	$	(1,016)	$	83,207	$	(1,016)

Total debt securities HTM	$	—	$	—	$	83,207	$	(1,016)	$	83,207	$	(1,016)


	LESS THAN 12 MONTHS						OVER 12 MONTHS						TOTAL
(Dollars in Thousands)	Fair Value		Unrealized (Losses)		Fair Value		Unrealized (Losses)		Fair Value		Unrealized (Losses)
At September 30, 2019
Debt securities HTM
Non-bank qualified obligations of states and political subdivisions	$	5,967	$	(6)	$	109,368	$	(1,397)	$	115,335	$	(1,403)
Mortgage-backed securities	1,471		—		1,803		(13)		3,274		(13)
Total debt securities HTM	$	7,438	$	(6)	$	111,171	$	(1,410)	$	118,609	$	(1,416)

Amortized Cost and Fair Value of Debt Securities by Contractual Maturity

The amortized cost and fair value of debt securities by contractual maturity are shown below. Certain securities have call features that allow the issuer to call the security prior to maturity. Expected maturities may differ from contractual maturities in mortgage-backed securities ("MBS") because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. Therefore, MBS are not included in the maturity categories in the following maturity summary. The expected maturities of certain SBA securities may differ from contractual maturities because the borrowers may have the right to prepay the obligation. However, certain prepayment penalties may apply.


Securities AFS at Fair Value	Amortized Cost		Fair Value
(Dollars in Thousands)
At June 30, 2020
Due in one year or less	$	1,130	$	1,133
Due after one year through five years	12,688		13,205
Due after five years through ten years	44,891		47,174
Due after ten years	768,914		764,067
	827,623		825,579
Mortgage-backed securities	325,025		338,250
Total securities AFS, at fair value	$	1,152,648	$	1,163,829


(Dollars in Thousands)	Amortized Cost		Fair Value
At September 30, 2019
Due in one year or less	$	—	$	—
Due after one year through five years	16,749		17,143
Due after five years through ten years	50,263		51,840
Due after ten years	818,206		820,964
	885,218		889,947
Mortgage-backed securities	378,670		382,546
Total securities AFS, at fair value	$	1,263,888	$	1,272,493


Securities HTM at Fair Value	Amortized Cost		Fair Value
(Dollars in Thousands)
At June 30, 2020



Due after ten years	$	98,205	$	97,322
	98,205		97,322
Mortgage-backed securities	6,382		6,510
Total securities HTM, at cost	$	104,587	$	103,832


(Dollars in Thousands)	Amortized Cost		Fair Value
At September 30, 2019



Due after ten years	$	127,582	$	126,287
	127,582		126,287
Mortgage-backed securities	7,182		7,183
Total securities HTM, at cost	$	134,764	$	133,470

LOANS AND LEASES, NET (Tables)

9 Months Ended

Jun. 30, 2020

Loans and Leases Receivable Disclosure [Abstract]

Schedule of Loans Receivable

Loans and leases consist of the following:


(Dollars in Thousands)	June 30, 2020		September 30, 2019
National Lending
Term lending⁽¹⁾	$	738,454	$	641,742
Asset based lending⁽¹⁾	181,130		250,465
Factoring	206,361		296,507
Lease financing⁽¹⁾	264,988		177,915
Insurance premium finance	359,147		361,105
SBA/USDA	308,611		88,831
Other commercial finance	100,214		99,665
Commercial finance	2,158,905		1,916,230
Consumer credit products	102,808		106,794
Other consumer finance	138,777		161,404
Consumer finance	241,585		268,198
Tax services	19,168		2,240
Warehouse finance	277,614		262,924
Total National Lending	2,697,272		2,449,592
Community Banking
Commercial real estate and operating	608,303		883,932
Consumer one-to-four family real estate and other	166,479		259,425
Agricultural real estate and operating	24,655		58,464
Total Community Banking	799,437		1,201,821
Total loans and leases	3,496,709		3,651,413
Net deferred loan origination fees (costs)	5,937		7,434
Total gross loans and leases	3,502,646		3,658,847

Allowance for loan and lease losses	(65,747)		(29,149)
Total loans and leases, net⁽²⁾	$	3,436,899	$	3,629,698

⁽¹⁾ The Company has updated the presentation of its loan and lease table beginning in the fiscal 2020 first quarter. The new presentation includes a new category called term lending. Certain balances previously included in the asset based lending and lease financing categories have been reclassified into the new term lending category during the fiscal 2020 first quarter. Prior period balances have been conformed to the new presentation.

⁽²⁾ As of June 30, 2020, the remaining balance of acquired loans and leases from the acquisition of Crestmark Bancorp, Inc. ("Crestmark") and its bank subsidiary, Crestmark Bank (the "Crestmark Acquisition") was $188.3 million and the remaining balances of the credit and interest rate mark discounts related to the acquired loans and leases held for investment were $3.4 million and $2.9 million, respectively. On August 1, 2018, the Company acquired loans and leases from the Crestmark Acquisition totaling $1.06 billion and recorded related credit and interest rate mark discounts of $12.3 million and $6.0 million, respectively.

Schedule of Loans Purchased and Sold by Portfolio Segment

Loans purchased and sold by portfolio segment, including participation interests, for the three and nine months ended were as follows:


	Three Months Ended June 30,						Nine Months Ended June 30,
(Dollars in Thousands)	2020		2019		2020		2019
Loans Purchased
Loans held for sale:
Total National Lending	$	—	$	6,703	$	—	$	12,643

Loans held for investment:
Total National Lending	—		72,737		103,888		198,328
Total Community Banking	2,728		2,710		16,518		21,223
Total purchases	$	2,728	$	82,150	$	120,406	$	232,194
Loans Sold
Loans held for sale:
Total National Lending	$	8,524	$	57,661	$	168,814	$	92,565
Total Community Banking	—		—		271,681		—
Loans held for investment:

Total Community Banking	—		2,212		3,099		13,069
Total sales	$	8,524	$	59,873	$	443,594	$	105,634

Sales-type Lease, Lease Income

The net investment in direct financing and sales-type leases was comprised of the following:


(Dollars in Thousands)	June 30, 2020		September 30, 2019
Carrying Amount	$	283,003	$	191,733
Unguaranteed residual assets	16,662		13,353
Unamortized initial direct costs	1,967		1,790
Unearned income	(34,677)		(27,171)
Total net investment in direct financing and sales-type leases	$	266,955	$	179,705

Operating Lease, Lease Income

The components of total lease income were as follows:


	June 30, 2020
(Dollars in Thousands)	Three Months Ended		Nine Months Ended
Interest income - loans and leases
Interest income on net investments in direct financing and sales-type leases	$	4,496	$	12,958

Leasing and equipment finance noninterest income
Lease income from operating lease payments	11,391		33,857
Profit (loss) recorded on commencement date on sales-type leases	103		590
Other⁽¹⁾	554		3,135
Total leasing and equipment finance noninterest income	12,048		37,582
Total lease income	$	16,544	$	50,540

⁽¹⁾ Other leasing and equipment finance noninterest income consists of gains (losses) on sales of leased equipment, fees and service charges on leases and gains (losses) on sales of leases.

Sales-type and Direct Financing Leases, Lease Receivable, Maturity

Undiscounted future minimum lease payments receivable for direct financing and sales-type leases and a reconciliation to the carrying amount recorded were as follows:


(Dollars in Thousands)
Remaining in 2020	$	25,308
2021	95,008
2022	74,899
2023	49,197
2024	29,178
Thereafter	9,413
Equipment under leases not yet commenced
Total undiscounted future minimum lease payments receivable for direct financing and sales-type leases	283,003
Third-party residual value guarantees	—
Total carrying amount of direct financing and sales-type leases	$	283,003

Annual Activity in Allowance for Loan Losses, Allowance for Loan Losses and Recorded Investment in Loans

Activity in the allowance for loan and lease losses and balances of loans and leases by portfolio segment for each of the three and nine months ended was as follows:


	Three Months Ended June 30, 2020
(Dollars in Thousands)	Beginning balance		Provision (recovery) for loan and lease losses		Charge-offs		Recoveries		Ending balance
Allowance for loan and lease losses:
National Lending
Term lending	$	11,647	$	5,672	$	(2,831)	$	25	$	14,513
Asset based lending	2,826		(953)		(42)		—		1,831
Factoring	4,444		(1,997)		(140)		362		2,669
Lease financing	2,683		4,293		(357)		91		6,710
Insurance premium finance	2,142		596		(736)		367		2,369
SBA/USDA	1,558		716		(1,134)		—		1,140
Other commercial finance	552		(381)		—		—		171
Commercial finance	25,852		7,946		(5,240)		845		29,403
Consumer credit products	1,082		(111)		—		—		971
Other consumer finance	3,414		358		(567)		44		3,249
Consumer finance	4,496		247		(567)		44		4,220
Tax services	21,320		(100)		(9,797)		14		11,437
Warehouse finance	334		(56)		—		—		278
Total National Lending	52,002		8,037		(15,604)		903		45,338
Community Banking
Commercial real estate and operating	10,069		6,688		—		—		16,757
Consumer one-to-four family real estate and other	2,350		586		—		—		2,936
Agricultural real estate and operating	934		(218)		—		—		716
Total Community Banking	13,353		7,056		—		—		20,409
Total	$	65,355	$	15,093	$	(15,604)	$	903	$	65,747


	Nine Months Ended June 30, 2020
(Dollars in Thousands)	Beginning balance		Provision (recovery) for loan and lease losses		Charge-offs		Recoveries		Ending balance
Allowance for loan and lease losses:
National Lending
Term lending	$	5,533	$	14,753	$	(6,003)	$	230	$	14,513
Asset based lending	2,437		(611)		(42)		47		1,831
Factoring	3,261		(509)		(875)		792		2,669
Lease financing	1,275		5,841		(725)		319		6,710
Insurance premium finance	1,024		2,671		(1,809)		483		2,369
SBA/USDA	383		2,007		(1,250)		—		1,140
Other commercial finance	683		(512)		—		—		171
Commercial finance	14,596		23,640		(10,704)		1,871		29,403
Consumer credit products	1,044		(73)		—		—		971
Other consumer finance	5,118		(474)		(2,208)		813		3,249
Consumer finance	6,162		(547)		(2,208)		813		4,220
Tax services	—		20,407		(9,797)		827		11,437
Warehouse finance	263		15		—		—		278
Total National Lending	21,021		43,515		(22,709)		3,511		45,338
Community Banking
Commercial real estate and operating	6,208		10,549		—		—		16,757
Consumer one-to-four family real estate and other	1,053		1,883		—		—		2,936
Agricultural real estate and operating	867		(151)		—		—		716
Total Community Banking	8,128		12,281		—		—		20,409
Total	$	29,149	$	55,796	$	(22,709)	$	3,511	$	65,747


	Three Months Ended June 30, 2019
(Dollars in Thousands)	Beginning balance		Provision (recovery) for loan and lease losses		Charge-offs		Recoveries		Ending balance
Allowance for loan and lease losses:
National Lending
Term lending	$	3,121	$	2,564	$	(1,969)	$	45	$	3,761
Asset based lending	1,410		417		(37)		3		1,793
Factoring	1,761		2,747		(1,335)		31		3,204
Lease financing	933		(309)		(110)		158		672
Insurance premium finance	919		201		(275)		171		1,016
SBA/USDA	474		449		—		—		923
Other commercial finance	525		432		—		—		957
Commercial finance	9,143		6,501		(3,726)		408		12,326
Consumer credit products	1,314		142		—		—		1,456
Other consumer finance	5,130		1,890		(1,398)		28		5,650
Consumer finance	6,444		2,032		(1,398)		28		7,106
Tax services	24,102		914		(9,627)		36		15,425
Warehouse finance	185		65		—		—		250
Total National Lending	39,874		9,512		(14,751)		472		35,107
Community Banking
Commercial real estate and operating	6,673		(249)		—		—		6,424
Consumer one-to-four family real estate and other	958		(65)		—		—		893
Agricultural real estate and operating	1,167		(86)		—		—		1,081
Total Community Banking	8,798		(400)		—		—		8,398
Total	$	48,672	$	9,112	$	(14,751)	$	472	$	43,505


	Nine Months Ended June 30, 2019
(Dollars in Thousands)	Beginning balance		Provision (recovery) for loan and lease losses		Charge-offs		Recoveries		Ending balance
Allowance for loan and lease losses:
National Lending
Term lending	$	89	$	4,928	$	(2,751)	$	1,495	$	3,761
Asset based lending	47		1,775		(37)		8		1,793
Factoring	64		5,769		(2,711)		82		3,204
Lease financing	30		1,039		(1,052)		655		672
Insurance premium finance	1,031		2,091		(2,359)		253		1,016
SBA/USDA	13		910		—		—		923
Other commercial finance	28		929		—		—		957
Commercial finance	1,302		17,441		(8,910)		2,493		12,326
Consumer credit products	785		671		—		—		1,456
Other consumer finance	2,820		8,249		(5,477)		58		5,650
Consumer finance	3,605		8,920		(5,477)		58		7,106
Tax services	—		24,883		(9,670)		212		15,425
Warehouse finance	65		185		—		—		250
Total National Lending	4,972		51,429		(24,057)		2,763		35,107
Community Banking
Commercial real estate and operating	6,220		204		—		—		6,424
Consumer one-to-four family real estate and other	632		281		(20)		—		893
Agricultural real estate and operating	1,216		(385)		—		250		1,081
Total Community Banking	8,068		100		(20)		250		8,398
Total	$	13,040	$	51,529	$	(24,077)	$	3,013	$	43,505

The following tables provide details regarding the allowance for loan and lease losses and balance by type of allowance:


	Allowance										Loans and Leases
Recorded Investment	Ending balance: individually evaluated for impairment		Ending balance: collectively evaluated for impairment		Total		Ending balance: individually evaluated for impairment		Ending balance: collectively evaluated for impairment		Total
As of June 30, 2020	(Dollars in Thousands)
National Lending
Term lending	$	3,366	$	11,147	$	14,513	$	31,467	$	706,987	$	738,454
Asset based lending	—		1,831		1,831		2,805		178,325		181,130
Factoring	189		2,480		2,669		2,165		204,196		206,361
Lease financing	1,350		5,360		6,710		4,695		260,293		264,988
Insurance premium finance	—		2,369		2,369		—		359,147		359,147
SBA/USDA	241		899		1,140		2,380		306,231		308,611
Other commercial finance	—		171		171		—		100,214		100,214
Commercial finance	5,146		24,257		29,403		43,512		2,115,393		2,158,905
Consumer credit products	—		971		971		—		102,808		102,808
Other consumer finance	—		3,249		3,249		2,177		136,600		138,777
Consumer finance	—		4,220		4,220		2,177		239,408		241,585
Tax services	—		11,437		11,437		—		19,168		19,168
Warehouse finance	—		278		278		—		277,614		277,614
Total National Lending	5,146		40,192		45,338		45,689		2,651,583		2,697,272
Community Banking
Commercial real estate and operating	141		16,616		16,757		419		607,884		608,303
Consumer one-to-four family real estate and other	—		2,936		2,936		177		166,302		166,479
Agricultural real estate and operating	—		716		716		2,437		22,218		24,655
Total Community Banking	141		20,268		20,409		3,033		796,404		799,437
Total	$	5,287	$	60,460	$	65,747	$	48,722	$	3,447,987	$	3,496,709


	Allowance										Loans and Leases
Recorded Investment	Ending balance: individually evaluated for impairment		Ending balance: collectively evaluated for impairment		Total		Ending balance: individually evaluated for impairment		Ending balance: collectively evaluated for impairment		Total
As of September 30, 2019	(Dollars in Thousands)
National Lending
Term lending	$	450	$	5,083	$	5,533	$	19,568	$	622,174	$	641,742
Asset based lending	—		2,437		2,437		378		250,087		250,465
Factoring	1,262		1,999		3,261		3,824		292,683		296,507
Lease financing	112		1,163		1,275		1,213		176,702		177,915
Insurance premium finance	—		1,024		1,024		—		361,105		361,105
SBA/USDA	51		332		383		3,841		84,990		88,831
Other commercial finance	—		683		683		—		99,665		99,665
Commercial finance	1,875		12,721		14,596		28,824		1,887,406		1,916,230
Consumer credit products	—		1,044		1,044		—		106,794		106,794
Other consumer finance	—		5,118		5,118		1,472		159,932		161,404
Consumer finance	—		6,162		6,162		1,472		266,726		268,198
Tax services	—		—		—		—		2,240		2,240
Warehouse finance	—		263		263		—		262,924		262,924
Total National Lending	1,875		19,146		21,021		30,296		2,419,296		2,449,592
Community Banking
Commercial real estate and operating	—		6,208		6,208		258		883,674		883,932
Consumer one-to-four family real estate and other	—		1,053		1,053		100		259,325		259,425
Agricultural real estate and operating	—		867		867		2,985		55,479		58,464
Total Community Banking	—		8,128		8,128		3,343		1,198,478		1,201,821
Total	$	1,875	$	27,274	$	29,149	$	33,639	$	3,617,774	$	3,651,413

Asset Classification by Credit Quality Indicators of Loans and Leases

The asset classifications of loans and leases were as follows:


Asset Classification	Pass		Watch		Special Mention		Substandard		Doubtful		Total
As of June 30, 2020	(Dollars in Thousands)
National Lending
Term lending	$	656,198	$	42,015	$	8,774	$	28,579	$	2,888	$	738,454
Asset based lending	108,069		58,415		11,841		2,805		—		181,130
Factoring	161,075		22,255		20,865		2,166		—		206,361
Lease financing	257,540		1,875		879		4,553		141		264,988
Insurance premium finance	356,821		1,305		402		125		494		359,147
SBA/USDA	295,815		10,339		77		2,380		—		308,611
Other commercial finance	99,495		719		—		—		—		100,214
Commercial finance	1,935,013		136,923		42,838		40,608		3,523		2,158,905
Warehouse finance	277,614		—		—		—		—		277,614
Total National Lending	2,212,627		136,923		42,838		40,608		3,523		2,436,519
Community Banking
Commercial real estate and operating	599,144		698		4,019		3,862		580		608,303
Consumer one-to-four family real estate and other	165,518		42		655		264		—		166,479
Agricultural real estate and operating	11,946		—		4,909		7,800		—		24,655
Total Community Banking	776,608		740		9,583		11,926		580		799,437
Total loans and leases	$	2,989,235	$	137,663	$	52,421	$	52,534	$	4,103	$	3,235,956


Asset Classification	Pass		Watch		Special Mention		Substandard		Doubtful		Total
As of September 30, 2019	(Dollars in Thousands)
National Lending
Term lending	$	585,382	$	—	$	36,792	$	19,024	$	544	$	641,742
Asset based lending	192,427		—		57,660		378		—		250,465
Factoring	256,048		—		36,635		3,824		—		296,507
Lease financing	171,785		—		4,917		1,213		—		177,915
Insurance premium finance	361,105		—		—		—		—		361,105
SBA/USDA	76,609		—		8,381		3,841		—		88,831
Other commercial finance	99,057		—		608		—		—		99,665
Commercial finance	1,742,413		—		144,993		28,280		544		1,916,230




Warehouse finance	262,924		—		—		—		—		262,924
Total National Lending	2,005,337		—		144,993		28,280		544		2,179,154
Community Banking
Commercial real estate and operating	875,933		1,494		2,884		3,621		—		883,932
Consumer one-to-four family real estate and other	257,575		946		708		196		—		259,425
Agricultural real estate and operating	39,409		4,631		5,876		8,548		—		58,464
Total Community Banking	1,172,917		7,071		9,468		12,365		—		1,201,821
Total loans and leases	$	3,178,254	$	7,071	$	154,461	$	40,645	$	544	$	3,380,975

Past Due Loans and Leases

Past due loans and leases were as follows:


	Accruing and Nonaccruing Loans and Leases																		Nonperforming Loans and Leases
(Dollars in Thousands)	30-59 Days Past Due		60-89 Days Past Due		> 89 Days Past Due		Total Past Due		Current		Total Loans and Leases Receivable		> 89 Days Past Due and Accruing		Non-accrual balance		Total
As of June 30, 2020
Loans held for sale	$	—	$	—	$	—	$	—	$	79,905	$	79,905	$	—	$	—	$	—

National Lending
Term lending	7,371		6,957		16,965		31,293		707,161		738,454		2,578		16,524		19,102
Asset based lending	—		—		—		—		181,130		181,130		—		—		—
Factoring	—		—		—		—		206,361		206,361		—		733		733
Lease financing	4,623		5,669		4,583		14,875		250,113		264,988		1,907		3,518		5,425
Insurance premium finance	1,711		3,379		3,723		8,813		350,334		359,147		3,723		—		3,723
SBA/USDA	160		—		1,879		2,039		306,572		308,611		427		1,510		1,937
Other commercial finance	—		—		—		—		100,214		100,214		—		—		—
Commercial finance	13,865		16,005		27,150		57,020		2,101,885		2,158,905		8,635		22,285		30,920
Consumer credit products	506		412		337		1,255		101,553		102,808		337		—		337
Other consumer finance	144		211		572		927		137,850		138,777		572		—		572
Consumer finance	650		623		909		2,182		239,403		241,585		909		—		909
Tax services	—		19,168		—		19,168		—		19,168		—		—		—
Warehouse finance	—		—		—		—		277,614		277,614		—		—		—
Total National Lending	14,515		35,796		28,059		78,370		2,618,902		2,697,272		9,544		22,285		31,829
Community Banking
Commercial real estate and operating	2,791		580		258		3,629		604,674		608,303		258		580		838
Consumer one-to-four family real estate and other	863		—		121		984		165,495		166,479		—		121		121
Agricultural real estate and operating	1,256		45		6,506		7,807		16,848		24,655		4,737		1,769		6,506
Total Community Banking	4,910		625		6,885		12,420		787,017		799,437		4,995		2,470		7,465
Total loans and leases held for investment	19,425		36,421		34,944		90,790		3,405,919		3,496,709		14,539		24,755		39,294

Total loans and leases	$	19,425	$	36,421	$	34,944	$	90,790	$	3,485,824	$	3,576,614	$	14,539	$	24,755	$	39,294


	Accruing and Nonaccruing Loans and Leases																		Nonperforming Loans and Leases
(Dollars in Thousands)	30-59 Days Past Due		60-89 Days Past Due		> 89 Days Past Due		Total Past Due		Current		Total Loans and Leases Receivable		> 89 Days Past Due and Accruing		Non-accrual balance		Total
As of September 30, 2019
Loans held for sale	$	1,122	$	755	$	964	$	2,841	$	145,936	$	148,777	$	964	$	—	$	964

National Lending
Term lending	2,162		910		14,098		17,170		624,572		641,742		2,241		12,146		14,387
Asset based lending	—		—		—		—		250,465		250,465		—		—		—
Factoring	—		—		—		—		296,507		296,507		—		1,669		1,669
Lease financing	1,160		1,134		1,736		4,030		173,885		177,915		1,530		308		1,838
Insurance premium finance	1,999		2,881		3,807		8,687		352,418		361,105		3,807		—		3,807
SBA/USDA	83		—		255		338		88,493		88,831		—		255		255
Other commercial finance	—		—		—		—		99,665		99,665		—		—		—
Commercial finance	5,404		4,925		19,896		30,225		1,886,005		1,916,230		7,578		14,378		21,956
Consumer credit products	627		557		239		1,423		105,371		106,794		239		—		239
Other consumer finance	932		1,005		1,078		3,015		158,389		161,404		1,078		—		1,078
Consumer finance	1,559		1,562		1,317		4,438		263,760		268,198		1,317		—		1,317
Tax services	—		—		2,240		2,240		—		2,240		2,240		—		2,240
Warehouse finance	—		—		—		—		262,924		262,924		—		—		—
Total National Lending	6,963		6,487		23,453		36,903		2,412,689		2,449,592		11,135		14,378		25,513
Community Banking
Commercial real estate and operating	565		—		—		565		883,367		883,932		—		—		—
Consumer one-to-four family real estate and other	458		—		9		467		258,958		259,425		—		44		44
Agricultural real estate and operating	49		—		—		49		58,415		58,464		—		—		—
Total Community Banking	1,072		—		9		1,081		1,200,740		1,201,821		—		44		44
Total loans and leases held for investment	8,035		6,487		23,462		37,984		3,613,429		3,651,413		11,135		14,422		25,557

Total loans and leases	$	9,157	$	7,242	$	24,426	$	40,825	$	3,759,365	$	3,800,190	$	12,099	$	14,422	$	26,521

Impaired Loans and Leases

Impaired loans and leases were as follows:


As of June 30, 2020	Recorded Balance		Unpaid Principal Balance		Specific Allowance
Loans and leases without a specific valuation allowance	(Dollars in Thousands)
National Lending
Term lending	$	17,442	$	20,217	$	—
Asset based lending	2,805		2,805		—
Factoring	1,282		2,357		—
Lease financing	1,474		1,482		—

SBA/USDA	870		870		—

Commercial finance	23,873		27,731		—

Other consumer finance	2,177		2,314		—
Consumer finance	2,177		2,314		—


Total National Lending	26,050		30,045		—
Community Banking
Commercial real estate and operating	259		259		—
Consumer one-to-four family real estate and other	177		177		—
Agricultural real estate and operating	2,437		2,437		—
Total Community Banking	2,873		2,873		—
Total	$	28,923	$	32,918	$	—
Loans and leases with a specific valuation allowance
National Lending
Term lending	$	14,025	$	14,037	$	3,366

Factoring	883		883		189
Lease financing	3,221		3,221		1,350

SBA/USDA	1,510		1,510		241

Commercial finance	19,639		19,651		5,146





Total National Lending	19,639		19,651		5,146
Community Banking
Commercial real estate and operating	160		160		141


Total Community Banking Loans	160		160		141
Total	$	19,799	$	19,811	$	5,287


As of September 30, 2019	Recorded Balance		Unpaid Principal Balance		Specific Allowance
Loans and leases without a specific valuation allowance	(Dollars in Thousands)
National Lending
Term lending	$	12,644	$	13,944	$	—
Asset based lending	378		378		—
Factoring	1,563		2,638		—
Lease financing	1,062		1,062		—

SBA/USDA	2,595		2,595		—

Commercial finance	18,242		20,617		—

Other consumer finance	1,472		1,539		—
Consumer finance	1,472		1,539		—


Total National Lending	19,714		22,156		—
Community Banking
Commercial real estate and operating	258		258		—
Consumer one-to-four family real estate and other	100		100		—
Agricultural real estate and operating	2,985		2,985		—
Total Community Banking	3,343		3,343		—
Total	$	23,057	$	25,499	$	—
Loans and leases with a specific valuation allowance
National Lending
Term lending	$	6,924	$	6,951	$	450

Factoring	2,261		3,601		1,262
Lease financing	151		151		112

SBA/USDA	1,246		1,246		51

Commercial finance	10,582		11,949		1,875





Total National Lending	10,582		11,949		1,875





Total	$	10,582	$	11,949	$	1,875

The following table provides the average recorded investment in impaired loans and leases for the three and nine months ended:


	Three Months Ended June 30,
	2020						2019
(Dollars in Thousands)	Average Recorded Investment		Recognized Interest Income		Average Recorded Investment		Recognized Interest Income
National Lending
Term lending	$	28,848	$	121	$	3,906	$	88
Asset based lending	935		—		2,777		—
Factoring	4,715		—		6,621		—
Lease financing	2,946		2		3,351		—

SBA/USDA	3,162		—		425		—

Commercial finance	40,606		123		17,080		88

Other consumer finance	1,999		37		1,190		28
Consumer finance	1,999		37		1,190		28


Total National Lending	42,605		160		18,270		116
Community Banking
Commercial real estate and operating	405		1		106		5
Consumer one-to-four family real estate and other	131		—		186		1
Agricultural real estate and operating	2,437		10		1,226		28
Total Community Banking	2,973		11		1,518		34
Total loans and leases	$	45,578	$	171	$	19,788	$	150


	Nine Months Ended June 30,
	2020						2019
(Dollars in Thousands)	Average Recorded Investment		Recognized Interest Income		Average Recorded Investment		Recognized Interest Income
National Lending
Term lending	$	24,946	$	240	$	4,667	$	262
Asset based lending	571		—		1,267		—
Factoring	4,387		—		4,178		5
Lease financing	2,929		14		3,070		17

SBA/USDA	3,530		—		142		—

Commercial finance	36,363		254		13,325		284

Other consumer finance	1,775		111		1,215		38
Consumer finance	1,775		111		1,215		38


Total National Lending	38,138		365		14,540		322
Community Banking
Commercial real estate and operating	511		27		259		9
Consumer one-to-four family real estate and other	101		9		154		3
Agricultural real estate and operating	2,677		(134)		1,371		63
Total Community Banking	3,289		(98)		1,784		75
Total loans and leases	$	41,427	$	267	$	16,324	$	397

EARNINGS PER COMMON SHARE (Tables)

9 Months Ended

Jun. 30, 2020

Earnings Per Share [Abstract]

Reconciliation of Net Income and Common Stock Share Amounts Used in Computation of Basic and Diluted EPS

A reconciliation of net income and common stock share amounts used in the computation of basic and diluted earnings per share is presented below.


	Three Months Ended June 30,
(Dollars in Thousands, Except Share and Per Share Data)	2020		2019
Basic income per common share:
Net income attributable to Meta Financial Group, Inc.	$	18,190	$	29,291
Weighted average common shares outstanding	34,616,038		38,903,266
Basic income per common share	$	0.53	$	0.75

Diluted income per common share:
Net income attributable to Meta Financial Group, Inc.	$	18,190	$	29,291
Weighted average common shares outstanding	34,616,038		38,903,266
Outstanding options - based upon the two-class method	7,076		74,424
Weighted average diluted common shares outstanding	34,623,114		38,977,690
Diluted income per common share	$	0.53	$	0.75


	Nine Months Ended June 30,
(Dollars in Thousands, Except Share and Per Share Data)	2020		2019
Basic income per common share:
Net income attributable to Meta Financial Group, Inc.	$	91,562	$	76,809
Weighted average common shares outstanding	36,004,877		39,220,793
Basic income per common share	$	2.54	$	1.96

Diluted income per common share:
Net income attributable to Meta Financial Group, Inc.	$	91,562	$	76,809
Weighted average common shares outstanding	36,004,877		39,220,793
Outstanding options - based upon the two-class method	11,160		68,218
Weighted average diluted common shares outstanding	36,016,037		39,289,011
Diluted income per common share	$	2.54	$	1.95

RENTAL EQUIPMENT, NET (Tables)

9 Months Ended

Jun. 30, 2020

Property, Plant and Equipment [Abstract]

Rental Equipment

Rental equipment consists of the following:


(Dollars in Thousands)	June 30, 2020		September 30, 2019
Computers and IT networking equipment	$	29,846	$	37,352
Motor vehicles and other	122,995		98,149
Office furniture and equipment	2,576		2,875
Solar panels and equipment	118,583		116,505
Total	274,000		254,881

Accumulated depreciation	(59,576)		(46,344)
Unamortized initial direct costs	1,912		—
Net book value	$	216,336	$	208,537

Schedule of Future Minimum Rental Payments for Operating Leases

Undiscounted future minimum lease payments expected to be received for operating leases were as follows:


(Dollars in Thousands)
Remaining in 2020	$	9,345
2021	32,668
2022	26,109
2023	21,461
2024	15,601
Thereafter	27,915
Total undiscounted future minimum lease payments receivable for operating leases	$	133,099

Undiscounted future minimum operating lease payments and a reconciliation to the amount recorded as operating lease liabilities were as follows:


(Dollars in Thousands)
Remaining in 2020	$	958
2021	3,742
2022	3,479
2023	2,799
2024	2,808
Thereafter	18,520
Total undiscounted future minimum lease payments	32,306
Discount	(4,347)
Total operating lease liabilities	$	27,959

FORECLOSURED REAL ESTATE AND REPOSSESSED ASSETS (Tables)

9 Months Ended

Jun. 30, 2020

Real Estate [Abstract]

Schedule of Changes in Foreclosed Real Estate and Repossessed Assets

The following table provides an analysis of changes in foreclosed real estate and repossessed assets:


	Nine Months Ended June 30,
(Dollars in Thousands)	2020		2019
Balance, beginning of period	$	29,494	$	31,638
Additions	5,983		105
Reductions:
Write-downs	568		339
Net proceeds from sale	23,086		1,905
Gain (loss) on sale	(5,039)		15
Total reductions	28,693		2,229
Balance, ending of period	$	6,784	$	29,514

Schedule of Other Real Estate

The following table is a summary of the sale transaction, as reflected in the Company's financial statements:


(Dollars in Thousands)	June 30, 2020
Purchase price	$	23,083
Carrying value of OREO	28,122
Loss on sale	(5,039)
Deferred income recognized	1,096
Net impact	$	(3,943)

GOODWILL AND INTANGIBLE ASSETS (Tables)

9 Months Ended

Jun. 30, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

The changes in the carrying amount of the Company’s goodwill and intangible assets for the nine months ended June 30, 2020 and 2019 were as follows:


(Dollars in Thousands)	Consumer		Commercial		Corporate Services/Other		Total
Goodwill
September 30, 2019	$	87,145	$	222,360	$	—	$	309,505
Acquisitions	—		—		—		—
Impairment	—		—		—		—
June 30, 2020	$	87,145	$	222,360	$	—	$	309,505

September 30, 2018	$	87,145	$	216,125	$	—	$	303,270
Acquisitions	—		—		—		—
Measurement Period Adjustments⁽¹⁾	—		4,671		—		4,671
Impairment	—		—		—		—
June 30, 2019	$	87,145	$	220,796	$	—	$	307,941

⁽¹⁾ The Company recognized measurement period adjustments on provisional goodwill during the fiscal 2019 second quarter related to the Crestmark acquisition.

Schedule of Finite-Lived Intangible Assets


(Dollars in Thousands)	Trademark⁽¹⁾		Non-Compete⁽²⁾		Customer Relationships⁽³⁾		All Others⁽⁴⁾		Total
Intangible Assets
Balance as of September 30, 2019	$	11,959	$	827	$	33,207	$	6,817	$	52,810
Acquisitions during the period	—		—		—		35		35
Amortization during the period	(793)		(310)		(7,112)		(499)		(8,714)
Write-offs during the period	—		—		—		(157)		(157)
Balance as of June 30, 2020	$	11,166	$	517	$	26,095	$	6,196	$	43,974

Gross carrying amount	$	14,624	$	2,480	$	82,088	$	10,112	$	109,304
Accumulated amortization	(3,458)		(1,963)		(45,745)		(3,726)		(54,892)
Accumulated impairment	—		—		(10,248)		(190)		(10,438)
Balance as of June 30, 2020	$	11,166	$	517	$	26,095	$	6,196	$	43,974

⁽¹⁾Book amortization period of 5-15 years. Amortized using the straight line and accelerated methods.

⁽²⁾ Book amortization period of 3-5 years. Amortized using the straight line method.

⁽³⁾ Book amortization period of 10-30 years. Amortized using the accelerated method.

⁽⁴⁾ Book amortization period of 3-20 years. Amortized using the straight line method.


(Dollars in Thousands)	Trademark⁽¹⁾		Non-Compete⁽²⁾		Customer Relationships⁽³⁾		All Others⁽⁴⁾		Total
Intangible Assets
Balance as of September 30, 2018	$	12,987	$	1,297	$	48,455	$	7,980	$	70,719
Acquisitions during the period	—		—		—		100		100
Amortization during the period	(771)		(353)		(12,504)		(724)		(14,352)
Write-offs during the period	—		—		—		(314)		(314)
Balance as of June 30, 2019	$	12,216	$	944	$	35,951	$	7,042	$	56,153

Gross carrying amount	$	14,624	$	2,480	$	82,088	$	10,688	$	109,880
Accumulated amortization	(2,408)		(1,536)		(35,889)		(2,987)		(42,820)
Accumulated impairment	—		—		(10,248)		(659)		(10,907)
Balance as of June 30, 2019	$	12,216	$	944	$	35,951	$	7,042	$	56,153

⁽¹⁾ Book amortization period of 5-15 years. Amortized using the straight line and accelerated methods.

⁽²⁾ Book amortization period of 3-5 years. Amortized using the straight line method.

⁽³⁾ Book amortization period of 10-30 years. Amortized using the accelerated method.

⁽⁴⁾ Book amortization period of 3-20 years. Amortized using the straight line method.

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

Estimated amortization expense of intangible assets in the remaining three months of fiscal 2020 and subsequent fiscal years at June 30, 2020 was as follows:


(Dollars in Thousands)
Remaining in 2020	$	2,283
2021	8,545
2022	6,419
2023	5,101
2024	4,383
2025	3,826
Thereafter	13,417
Total anticipated intangible amortization	$	43,974

OPERATING LEASE RIGHT OF USE ASSETS AND LIABILITIES (Tables)

9 Months Ended

Jun. 30, 2020

Leases [Abstract]

Schedule of Future Minimum Rental Payments for Operating Leases

Undiscounted future minimum lease payments expected to be received for operating leases were as follows:


(Dollars in Thousands)
Remaining in 2020	$	9,345
2021	32,668
2022	26,109
2023	21,461
2024	15,601
Thereafter	27,915
Total undiscounted future minimum lease payments receivable for operating leases	$	133,099

Undiscounted future minimum operating lease payments and a reconciliation to the amount recorded as operating lease liabilities were as follows:


(Dollars in Thousands)
Remaining in 2020	$	958
2021	3,742
2022	3,479
2023	2,799
2024	2,808
Thereafter	18,520
Total undiscounted future minimum lease payments	32,306
Discount	(4,347)
Total operating lease liabilities	$	27,959

Weighted-Average Discount Rate and Remaining Lease Term for Operating Leases

The weighted-average discount rate and remaining lease term for operating leases were as follows:


	June 30, 2020
Weighted-average discount rate	2.35	%
Weighted-average remaining lease term (years)	11.51

The components of total lease costs for operating leases, included in occupancy and equipment noninterest expense, were as follows:


(Dollars in Thousands)	Nine Months Ended June 30, 2020
Lease expense	$	2,533
Short-term and variable lease cost	452
Sublease income	(552)
Total lease cost for operating leases	$	2,433

STOCK COMPENSATION (Tables)

9 Months Ended

Jun. 30, 2020

Share-based Payment Arrangement [Abstract]

Activity of Options

The following tables show the activity of options and nonvested (restricted) shares granted, exercised, or forfeited under the 2002 Omnibus Incentive Plan for the nine months ended June 30, 2020:


(Dollars in Thousands, Except Per Share Data)	Number of Shares	Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (Yrs)	Aggregate Intrinsic Value
Options outstanding, September 30, 2019	59,835	$	8.06	1.54	$	1,469
Granted	—	—		—	—
Exercised	(41,949)	6.98		1.01	866
Forfeited or expired	—	—		—	—
Options outstanding, June 30 2020	17,886	$	10.60	0.25	$	135

Options exercisable, June 30, 2020	17,886	$	10.60	0.25	$	135

Schedule of Nonvested Share Activity


(Dollars in Thousands, Except Per Share Data)	Number of Shares	Weighted Average Fair Value at Grant
Nonvested shares outstanding, September 30, 2019	926,122	$	29.54
Granted	191,372	32.32
Vested	(276,193)	30.04
Forfeited or expired	(9,584)	31.48
Nonvested shares outstanding, June 30, 2020	831,717	$	29.99

INCOME TAXES (Tables)

9 Months Ended

Jun. 30, 2020

Income Tax Disclosure [Abstract]

Schedule of Effective Income Tax Rate Reconciliation

The table below compares the income tax expense components for the periods presented.


	Nine Months Ended June 30,
(Dollars in Thousands)	2020			2019
Provision at statutory rate	$	20,041		$	15,449
Tax-exempt income	(936)			(2,360)
State income taxes	4,475			3,243
Interim period effective rate adjustment	(8,850)			1,397
Tax credit investments, net - federal	(9,863)			(22,484)
Research tax credit	(1,709)			—
IRC 162(m) nondeductible compensation	1,250			1,612
Other, net	(538)			(101)
Income tax expense (benefit)	$	3,870		$	(3,244)
Effective tax rate	3.91		%	(4.20)		%

REVENUE FROM CONTRACTS WITH CUSTOMERS (Tables)

9 Months Ended

Jun. 30, 2020

Revenue from Contract with Customer [Abstract]

Schedule of Revenue by Major Customers by Reporting Segments

The table below presents the Company’s revenue by operating segment. For additional descriptions of the Company’s operating segments, including additional financial information and the underlying management accounting process, see Note 17. Segment Reporting to the Condensed Consolidated Financial Statements.


(Dollars in Thousands)	Consumer						Commercial						Corporate Services/Other					Consolidated Company
Three Months Ended June 30,	2020		2019		2020		2019		2020		2019			2020		2019
Net interest income⁽¹⁾	$	29,507	$	22,981	$	36,104	$	39,688	$	(3,474)	$	4,299		$	62,137	$	66,968
Noninterest income:
Refund transfer product fees	4,595		6,697		—		—		—		—			4,595		6,697
Tax advance product fees⁽¹⁾	28		34		—		—		—		—			28		34
Payment card and deposit fees	21,302		21,377		—		—		—		—			21,302		21,377
Other bank and deposit fees	—		—		213		296		1		199			214		495
Rental income⁽¹⁾	5		5		11,226		9,091		—		290			11,231		9,386
Gain on sale of securities available-for-sale, net⁽¹⁾	—		—		—		—		—		440			—		440

Gain on sale of other⁽¹⁾	—		115		1,214		2,498		—		7			1,214		2,620
Other income⁽¹⁾	324		344		1,267		934		873		1,463			2,464		2,741
Total noninterest income	26,254		28,572		13,920		12,819		874		2,399			41,048		43,790
Revenue	$	55,761	$	51,553	$	50,024	$	52,507	$	(2,600)	$	6,698		$	103,185	$	110,758

⁽¹⁾These revenues are not within the scope of Topic 606. Additional details are included in other footnotes to the accompanying financial statements. The scope of Topic 606 explicitly excludes net interest income as well as many other revenues for financial assets and liabilities, including loans, leases, and securities.



(Dollars in Thousands)	Consumer						Commercial						Corporate Services/Other					Consolidated Company
Nine Months Ended June 30,	2020		2019		2020		2019		2020		2019			2020		2019
Net interest income⁽¹⁾	$	69,684	$	56,484	$	112,866	$	113,604	$	11,975	$	28,502		$	194,525	$	198,590
Noninterest income:
Refund transfer product fees	33,726		38,559		—		—		—		—			33,726		38,559
Tax advance product fees⁽¹⁾	31,840		34,757		—		—		—		—			31,840		34,757
Payment card and deposit fees	65,957		66,855		—		—		—		—			65,957		66,855
Other bank and deposit fees	—		—		759		872		324		577			1,083		1,449
Rental income⁽¹⁾	14		5		33,354		29,871		1,314		291			34,682		30,167
Gain on sale of securities available-for-sale, net⁽¹⁾	—		—		—		—		—		649			—		649
Gain on divestitures⁽¹⁾	—		—		—		—		19,275		—			19,275		—
(Loss) gain on sale of other⁽¹⁾	(19)		173		6,131		5,874		(5,143)		70			969		6,117
Other income⁽¹⁾	2,709		871		4,178		3,789		4,625		3,352			11,512		8,012
Total noninterest income	134,227		141,220		44,422		40,406		20,395		4,939			199,044		186,565
Revenue	$	203,911	$	197,704	$	157,288	$	154,010	$	32,370	$	33,441		$	393,569	$	385,155

⁽¹⁾These revenues are not within the scope of Topic 606. Additional details are included in other footnotes to the accompanying financial statements. The scope of Topic 606 explicitly excludes net interest income as well as many other revenues for financial assets and liabilities, including loans, leases, and securities.

SEGMENT REPORTING (Tables)

9 Months Ended

Jun. 30, 2020

Segment Reporting [Abstract]

Segment Information of Entity

The following tables present segment data for the Company for the three and nine months ended:


(Dollars in Thousands)	Consumer		Commercial		Corporate Services/Other		Total
Three Months Ended June 30, 2020


Net interest income	$	29,507	$	36,104	$	(3,474)	$	62,137
Provision for loan and lease losses	(267)		7,946		7,414		15,093
Noninterest income	26,254		13,920		874		41,048
Noninterest expense	15,249		26,729		29,263		71,241
Income (loss) before income tax expense (benefit)	40,779		15,349		(39,277)		16,851

Total assets	650,814		2,690,719		5,437,493		8,779,026
Total goodwill	87,145		222,360		—		309,505
Total deposits	6,767,516		9,243		813,566		7,590,325



(Dollars in Thousands)	Consumer		Commercial		Corporate Services/Other		Total
Nine Months Ended June 30, 2020


Net interest income	$	69,684	$	112,866	$	11,975	$	194,525
Provision for loan and lease losses	20,348		23,641		11,807		55,796
Noninterest income	134,227		44,422		20,395		199,044
Noninterest expense	62,567		80,815		95,386		238,768
Income (loss) before income tax expense (benefit)	120,996		52,832		(74,823)		99,005

Total assets	650,814		2,690,719		5,437,493		8,779,026
Total goodwill	87,145		222,360		—		309,505
Total deposits	6,767,516		9,243		813,566		7,590,325


(Dollars in Thousands)	Consumer		Commercial		Corporate Services/Other		Total
Three Months Ended June 30, 2019


Net interest income	$	22,981	$	39,688	$	4,299	$	66,968
Provision for loan and lease losses	1,121		6,501		1,490		9,112
Noninterest income	28,572		12,819		2,399		43,790
Noninterest expense	14,730		28,564		29,174		72,468
Income (loss) before income tax expense (benefit)	35,702		17,442		(23,966)		29,178

Total assets	663,579		2,320,589		3,116,904		6,101,072
Total goodwill	87,145		220,796		—		307,941
Total deposits	2,811,582		5,988		1,957,644		4,775,214



(Dollars in Thousands)	Consumer		Commercial		Corporate Services/Other		Total
Nine Months Ended June 30, 2019


Net interest income	$	56,484	$	113,604	$	28,502	$	198,590
Provision for loan losses	25,739		17,441		8,349		51,529
Noninterest income	141,220		40,406		4,939		186,565
Noninterest expense	62,834		95,567		98,615		257,016
Income (loss) before income tax expense (benefit)	109,131		41,002		(73,523)		76,610

Total assets	663,579		2,320,589		3,116,904		6,101,072
Total goodwill	87,145		220,796		—		307,941
Total deposits	2,811,582		5,988		1,957,644		4,775,214

FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)

9 Months Ended

Jun. 30, 2020

Fair Value Disclosures [Abstract]

Summary of Fair Values of Securities Available for Sale and Held to Maturity

The following tables summarize the fair values of debt securities available for sale and equity securities as they are measured at fair value on a recurring basis:


	Fair Value At June 30, 2020
(Dollars in Thousands)	Total		Level 1		Level 2		Level 3
Debt securities AFS
SBA securities	$	170,267	$	—	$	170,267	$	—
Obligations of states and political subdivisions	843		—		843		—
Non-bank qualified obligations of states and political subdivisions	331,324		—		331,324		—
Asset-backed securities	323,145		—		323,145		—
Mortgage-backed securities	338,250		—		338,250		—
Total debt securities AFS	$	1,163,829	$	—	$	1,163,829	$	—
Common equities and mutual funds⁽¹⁾	$	3,012	$	3,012	$	—	$	—
Non-marketable equity securities⁽²⁾	$	2,741	$	—	$	—	$	—

⁽¹⁾Equity securities at fair value are included within other assets on the consolidated statement of financial condition at June 30, 2020 and September 30, 2019.

⁽²⁾Consists of certain non-marketable equity securities that are measured at fair value using net asset value ("NAV") per share (or its equivalent) as a practical expedient and are excluded from the fair value hierarchy.


	Fair Value At September 30, 2019
(Dollars in Thousands)	Total		Level 1		Level 2		Level 3
Debt securities AFS
SBA securities	$	185,982	$	—	$	185,982	$	—
Obligations of states and political subdivisions	874		—		874		—
Non-bank qualified obligations of states and political subdivisions	400,557		—		400,557		—
Asset-backed securities	302,534		—		302,534		—
Mortgage-backed securities	382,546		—		382,546		—
Total debt securities AFS	$	1,272,493	$	—	$	1,272,493	$	—
Common equities and mutual funds⁽¹⁾	$	2,606	$	2,606	$	—	$	—
Non-marketable equity securities⁽²⁾	$	1,669	$	—	$	—	$	—

⁽¹⁾Equity securities at fair value are included within other assets on the consolidated statement of financial condition at June 30, 2020 and September 30, 2019.

⁽²⁾Consists of certain non-marketable equity securities that are measured at fair value using NAV per share (or its equivalent) as a practical expedient and are excluded from the fair value hierarchy.

Assets Measured at Fair Value on Nonrecurring Basis

The following table summarizes the assets of the Company that are measured at fair value in the Condensed Consolidated Statements of Financial Condition on a non-recurring basis:


	Fair Value At June 30, 2020
(Dollars in Thousands)	Total		Level 1		Level 2		Level 3
Impaired loans and leases, net







Commercial finance	$	14,493	$	—	$	—	$	14,493





Total National Lending	14,493		—		—		14,493

Commercial real estate and operating	20		—		—		20

Total Community Banking	20		—		—		20
Total impaired loans and leases, net	14,513		—		—		14,513
Foreclosed assets, net	6,784		—		—		6,784
Total	$	21,297	$	—	$	—	$	21,297


	Fair Value At September 30, 2019
(Dollars in Thousands)	Total		Level 1		Level 2		Level 3
Impaired loans and leases, net






Commercial finance	$	8,707	$	—	$	—	$	8,707





Total National Lending	8,707		—		—		8,707




Total impaired loans and leases, net	8,707		—		—		8,707
Foreclosed assets, net	29,494		—		—		29,494
Total	$	38,201	$	—	$	—	$	38,201

Quantitative Information about Level 3 Fair Value Measurements

Quantitative Information About Level 3 Fair Value Measurements

(Dollars in Thousands)

Fair Value at
June 30, 2020

Fair Value at
September 30, 2019

Valuation
Technique

Unobservable Input

Range of Inputs

Impaired loans and leases, net

$

14,513

8,707

Market approach

Appraised values⁽¹⁾

4% - 10%

Foreclosed assets, net

$

6,784

29,494

Market approach

Appraised values⁽¹⁾

4% - 30%

⁽¹⁾The Company generally relies on external appraisers to develop this information. Management reduced the appraised value by estimating selling costs and other inputs in a range of 4% to 30%.

Carrying Amount and Estimated Fair Value of Financial Instruments

The following tables present the carrying amount and estimated fair value of the financial instruments held by the Company:


	June 30, 2020
(Dollars in Thousands)	Carrying Amount		Estimated Fair Value		Level 1		Level 2		Level 3
Financial assets
Cash and cash equivalents	$	3,108,141	$	3,108,141	$	3,108,141	$	—	$	—
Debt securities available for sale	1,163,829		1,163,829		—		1,163,829		—
Debt securities held to maturity	104,587		103,832		—		103,832		—
Common equities and mutual funds⁽¹⁾	3,012		3,012		3,012		—		—
Non-marketable equity securities⁽¹⁾⁽²⁾	13,741		13,741		—		11,000		—
Loans held for sale	79,905		79,905		—		79,905		—
Loans and leases receivable	3,496,709		3,488,875		—		—		3,488,875
Federal Reserve Bank and Federal Home Loan Bank stocks	31,836		31,836		—		31,836		—
Accrued interest receivable	17,545		17,545		17,545		—		—

Financial liabilities

Deposits	7,590,325		7,592,382		7,037,218		555,164		—

Federal Home Loan Bank advances	110,000		111,877		—		111,877		—
Other short- and long-term borrowings	99,781		100,342		—		100,342		—
Accrued interest payable	4,332		4,332		4,332		—		—

⁽¹⁾Equity securities at fair value are included within other assets on the consolidated statement of financial condition at June 30, 2020 and September 30, 2019.

⁽²⁾ Includes certain non-marketable equity securities that are measured at fair value using NAV per share (or its equivalent) as a practical expedient and are excluded from the fair value hierarchy.


	September 30, 2019
(Dollars in Thousands)	Carrying Amount		Estimated Fair Value		Level 1		Level 2		Level 3
Financial assets
Cash and cash equivalents	$	126,545	$	126,545	$	126,545	$	—	$	—
Debt securities available for sale	1,272,493		1,272,493		—		1,272,493		—
Debt securities held to maturity	134,764		133,470		—		133,470		—
Common equities and mutual funds(¹⁾	2,606		2,606		2,606		—		—
Non-marketable equity securities⁽¹⁾⁽²⁾	8,169		8,169		—		6,500		—
Loans held for sale	148,777		148,777		—		148,777		—
Loans and leases receivable	3,651,413		3,622,597		—		—		3,622,597
Federal Home Loan Bank stock	30,916		30,916		—		30,916		—
Accrued interest receivable	20,400		20,400		20,400		—		—
Financial liabilities
Deposits	4,337,005		4,338,510		2,920,516		1,417,994		—
Overnight federal funds purchased	642,000		642,000		642,000		—		—
Federal Home Loan Bank advances	110,000		110,691		—		110,691		—
Other short- and long-term borrowings	109,857		113,876		—		113,876		—
Accrued interest payable	9,414		9,414		9,414		—		—

⁽¹⁾Equity securities at fair value are included within other assets on the consolidated statement of financial condition at June 30, 2020 and September 30, 2019.

⁽²⁾ Includes certain non-marketable equity securities that are measured at fair value using NAV per share (or its equivalent) as a practical expedient and are excluded from the fair value hierarchy.

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND RECENTLY ADOPTED ACCOUNTING STANDARDS UPDATES ("ASU") (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Oct. 01, 2019
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Operating lease, right-of-use asset	$ 26,500
Operating lease, liability	$ 27,959
Accounting Standards Update 2016-02
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Operating lease, right-of-use asset		$ 27,400
Operating lease, liability		$ 28,600

SIGNIFICANT EVENTS - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Loss Contingencies [Line Items]
Provision for loan and lease losses	$ 15,093	$ 9,112	$ 55,796	$ 51,529
COVID-19 Pandemic
Loss Contingencies [Line Items]
Short-term payment deferral modifications			352,100
Loans and leases still in deferment period	292,200		292,200
Short-term payment deferral modifications, interest rate deferral modification			52,900
Active loans	34,600		34,600
Provision for loan and lease losses	$ 9,400		$ 25,200

SIGNIFICANT EVENTS - Active COVID-19 Related Modifications (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Sep. 30, 2019	Jun. 30, 2019
Loss Contingencies [Line Items]
Loans and leases	$ 3,502,646	$ 3,658,847
Rental equipment, net	216,336	208,537
Total assets	8,779,026	$ 6,182,890	$ 6,101,072
COVID-19 Related Payment Deferrals
Loss Contingencies [Line Items]
Loans and leases	291,417
Rental equipment, net	819
Total assets	292,236
Other COVID-19 Related Modifications
Loss Contingencies [Line Items]
Loans and leases	34,628
Rental equipment, net	0
Total assets	34,628
National Lending \| COVID-19 Related Payment Deferrals
Loss Contingencies [Line Items]
Loans and leases	140,045
National Lending \| Other COVID-19 Related Modifications
Loss Contingencies [Line Items]
Loans and leases	34,628
National Lending \| Term lending \| COVID-19 Related Payment Deferrals
Loss Contingencies [Line Items]
Loans and leases	88,227
National Lending \| Term lending \| Other COVID-19 Related Modifications
Loss Contingencies [Line Items]
Loans and leases	0
National Lending \| Asset based lending \| COVID-19 Related Payment Deferrals
Loss Contingencies [Line Items]
Loans and leases	324
National Lending \| Asset based lending \| Other COVID-19 Related Modifications
Loss Contingencies [Line Items]
Loans and leases	17,333
National Lending \| Factoring \| COVID-19 Related Payment Deferrals
Loss Contingencies [Line Items]
Loans and leases	3,564
National Lending \| Factoring \| Other COVID-19 Related Modifications
Loss Contingencies [Line Items]
Loans and leases	17,295
National Lending \| Lease financing \| COVID-19 Related Payment Deferrals
Loss Contingencies [Line Items]
Loans and leases	27,310
National Lending \| Lease financing \| Other COVID-19 Related Modifications
Loss Contingencies [Line Items]
Loans and leases	0
National Lending \| Insurance premium finance \| COVID-19 Related Payment Deferrals
Loss Contingencies [Line Items]
Loans and leases	5,505
National Lending \| Insurance premium finance \| Other COVID-19 Related Modifications
Loss Contingencies [Line Items]
Loans and leases	0
National Lending \| SBA/USDA \| COVID-19 Related Payment Deferrals
Loss Contingencies [Line Items]
Loans and leases	7,724
National Lending \| SBA/USDA \| Other COVID-19 Related Modifications
Loss Contingencies [Line Items]
Loans and leases	0
National Lending \| Other commercial finance \| COVID-19 Related Payment Deferrals
Loss Contingencies [Line Items]
Loans and leases	74
National Lending \| Other commercial finance \| Other COVID-19 Related Modifications
Loss Contingencies [Line Items]
Loans and leases	0
National Lending \| Commercial finance \| COVID-19 Related Payment Deferrals
Loss Contingencies [Line Items]
Loans and leases	132,728
National Lending \| Commercial finance \| Other COVID-19 Related Modifications
Loss Contingencies [Line Items]
Loans and leases	34,628
National Lending \| Consumer credit products \| COVID-19 Related Payment Deferrals
Loss Contingencies [Line Items]
Loans and leases	462
National Lending \| Consumer credit products \| Other COVID-19 Related Modifications
Loss Contingencies [Line Items]
Loans and leases	0
National Lending \| Other consumer finance \| COVID-19 Related Payment Deferrals
Loss Contingencies [Line Items]
Loans and leases	6,855
National Lending \| Other consumer finance \| Other COVID-19 Related Modifications
Loss Contingencies [Line Items]
Loans and leases	0
National Lending \| Consumer finance \| COVID-19 Related Payment Deferrals
Loss Contingencies [Line Items]
Loans and leases	7,317
National Lending \| Consumer finance \| Other COVID-19 Related Modifications
Loss Contingencies [Line Items]
Loans and leases	0
Community Banking \| COVID-19 Related Payment Deferrals
Loss Contingencies [Line Items]
Loans and leases	151,372
Community Banking \| Other COVID-19 Related Modifications
Loss Contingencies [Line Items]
Loans and leases	0
Community Banking \| Commercial real estate and operating \| COVID-19 Related Payment Deferrals
Loss Contingencies [Line Items]
Loans and leases	148,838
Community Banking \| Commercial real estate and operating \| Other COVID-19 Related Modifications
Loss Contingencies [Line Items]
Loans and leases	0
Community Banking \| Consumer one-to-four family real estate and other \| COVID-19 Related Payment Deferrals
Loss Contingencies [Line Items]
Loans and leases	2,534
Community Banking \| Consumer one-to-four family real estate and other \| Other COVID-19 Related Modifications
Loss Contingencies [Line Items]
Loans and leases	$ 0

DIVESTITURE - Summarized Division Results (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
	Feb. 29, 2020	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Balance Sheet Disclosures [Abstract]
Gain on sale				$ 19,275	$ 0
Income Statement Disclosures [Abstract]
Net interest income - Retained		$ 62,137	$ 66,968	194,525	198,590
Provision for loan and lease losses		15,093	9,112	55,796	51,529
Noninterest income - Retained		41,048	43,790	199,044	186,565
Noninterest expense - Retained		71,241	72,468	238,768	257,016
Income before income tax expense - Retained		16,851	$ 29,178	99,005	$ 76,610
Community Bank \| Community Bank Sold
Balance Sheet Disclosures [Abstract]
Cash and cash equivalents	$ 2,504
Loans	268,584
Premises, furniture and equipment	4,945
Other assets	1,250
Total assets	277,283
Deposits	290,493
Borrowings	0
Other liabilities	1,720
Total liabilities	292,213
Net assets	(14,930)
Purchase price	4,345
Gain on sale	$ 19,275
Income Statement Disclosures [Abstract]
Net interest income - Sold		0		2,512
Provision for loan and lease losses - Sold		(491)		(2,241)
Noninterest income - Sold		0		19,694
Noninterest expense - Sold		39		4,955
Income before income tax expense - Sold		452		19,492
Community Bank
Income Statement Disclosures [Abstract]
Net interest income - Retained		7,955		25,348
Net interest income, Sold and Retained, Amount		7,955		27,860
Provision for loan and lease losses		7,547		14,521
Provision for loan and lease losses, Sold and Retained, Amount		7,056		12,280
Noninterest income - Retained		11		(3,473)
Noninterest income, Sold and Retained, Amount		11		16,221
Noninterest expense - Retained		1,562		5,113
Noninterest expense, Sold and Retained, Amount		1,601		10,068
Income before income tax expense - Retained		(1,143)		2,241
Income before income tax expense, Sold and Retained, Amount		$ (691)		$ 21,733

DIVESTITURE - Narrative (Details) - Community Bank - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Jun. 30, 2020	Jun. 30, 2020	Aug. 04, 2020
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Non-recurring income	$ 19.3	$ 19.3
Legal expense	0.6	0.6
IT expense	0.2	0.2
Consulting expense	0.8	0.8
Nonrecurring compensation expense	$ 0.3	0.3
Servicing fee expense		$ 1.4
Subsequent Event
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Total assets			$ 58.6

SECURITIES - Narrative (Details) - USD ($)	9 Months Ended
SECURITIES - Narrative (Details) - USD ($)	Jun. 30, 2020	Sep. 30, 2019
Investments, Debt and Equity Securities [Abstract]
Equity securities without readily determinable fair value, amount	$ 11,000,000.0	$ 6,500,000
Federal reserve bank stock	20,000,000.0
Federal home loan bank stock	11,900,000	$ 30,900,000
Impairment recognized	$ 0

SECURITIES - Available for Sale (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Sep. 30, 2019
Available-for-sale debt securities [Abstract]
Amortized Cost	$ 1,152,648	$ 1,263,888
Fair Value	1,163,829	1,272,493
Amortized Cost
Due in one year or less	1,130	0
Due after one year through five years	12,688	16,749
Due after five years through ten years	44,891	50,263
Due after ten years	768,914	818,206
Total	827,623	885,218
Mortgage-backed securities	325,025	378,670
Fair Value
Due in one year or less	1,133	0
Due after one year through five years	13,205	17,143
Due after five years through ten years	47,174	51,840
Due after ten years	764,067	820,964
Total	825,579	889,947
Mortgage-backed securities	338,250	382,546
SBA securities
Available-for-sale debt securities [Abstract]
Amortized Cost	165,299	182,327
Gross Unrealized Gains	5,109	3,655
Gross Unrealized (Losses)	(141)	0
Fair Value	170,267	185,982
LESS THAN 12 MONTHS, Fair Value	34,402	10,262
LESS THAN 12 MONTHS, Unrealized (Losses)	(141)	0
OVER 12 MONTHS, Fair Value	0	0
OVER 12 MONTHS, Unrealized (Losses)	0	0
TOTAL, Fair Value	34,402	10,262
TOTAL, Unrealized (Losses)	(141)	0
Obligations of states and political subdivisions
Available-for-sale debt securities [Abstract]
Amortized Cost	826	858
Gross Unrealized Gains	17	16
Gross Unrealized (Losses)	0	0
Fair Value	843	874
Non-bank qualified obligations of states and political subdivisions
Available-for-sale debt securities [Abstract]
Amortized Cost	327,423	396,430
Gross Unrealized Gains	4,803	5,030
Gross Unrealized (Losses)	(902)	(903)
Fair Value	331,324	400,557
LESS THAN 12 MONTHS, Fair Value	46,805	66,326
LESS THAN 12 MONTHS, Unrealized (Losses)	(279)	(177)
OVER 12 MONTHS, Fair Value	40,425	55,428
OVER 12 MONTHS, Unrealized (Losses)	(623)	(726)
TOTAL, Fair Value	87,230	121,754
TOTAL, Unrealized (Losses)	(902)	(903)
Asset-backed securities
Available-for-sale debt securities [Abstract]
Amortized Cost	334,075	305,603
Gross Unrealized Gains	1,575	262
Gross Unrealized (Losses)	(12,505)	(3,331)
Fair Value	323,145	302,534
LESS THAN 12 MONTHS, Fair Value	103,915	158,176
LESS THAN 12 MONTHS, Unrealized (Losses)	(2,423)	(1,823)
OVER 12 MONTHS, Fair Value	178,986	93,259
OVER 12 MONTHS, Unrealized (Losses)	(10,082)	(1,508)
TOTAL, Fair Value	282,901	251,435
TOTAL, Unrealized (Losses)	(12,505)	(3,331)
Mortgage-backed securities
Available-for-sale debt securities [Abstract]
Amortized Cost	325,025	378,670
Gross Unrealized Gains	13,381	5,731
Gross Unrealized (Losses)	(156)	(1,855)
Fair Value	338,250	382,546
LESS THAN 12 MONTHS, Fair Value	32,214	1,713
LESS THAN 12 MONTHS, Unrealized (Losses)	(156)	(1)
OVER 12 MONTHS, Fair Value	0	89,634
OVER 12 MONTHS, Unrealized (Losses)	0	(1,854)
TOTAL, Fair Value	32,214	91,347
TOTAL, Unrealized (Losses)	(156)	(1,855)
Total debt securities AFS
Available-for-sale debt securities [Abstract]
Amortized Cost	1,152,648	1,263,888
Gross Unrealized Gains	24,885	14,694
Gross Unrealized (Losses)	(13,704)	(6,089)
Fair Value	1,163,829	1,272,493
LESS THAN 12 MONTHS, Fair Value	217,336	236,477
LESS THAN 12 MONTHS, Unrealized (Losses)	(2,999)	(2,001)
OVER 12 MONTHS, Fair Value	219,411	238,321
OVER 12 MONTHS, Unrealized (Losses)	(10,705)	(4,088)
TOTAL, Fair Value	436,747	474,798
TOTAL, Unrealized (Losses)	$ (13,704)	$ (6,089)

SECURITIES - Held to Maturity (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Sep. 30, 2019
Debt Securities, Held-to-maturity, Fair Value to Amortized Cost [Abstract]
Total securities HTM, at cost	$ 104,587	$ 134,764
Gross Unrealized Gains	261	122
Gross Unrealized (Losses)	(1,016)	(1,416)
Fair Value	103,832	133,470
Debt Securities, Held-to-maturity, Continuous Unrealized Loss Position [Abstract]
LESS THAN 12 MONTHS, Fair Value	0	7,438
LESS THAN 12 MONTHS, Unrealized (Losses)	0	(6)
OVER 12 MONTHS, Fair Value	83,207	111,171
OVER 12 MONTHS, Unrealized (Losses)	(1,016)	(1,410)
TOTAL, Fair Value	83,207	118,609
TOTAL, Unrealized (Losses)	(1,016)	(1,416)
Amortized Cost
Due after ten years	98,205	127,582
Total	98,205	127,582
Mortgage-backed securities	6,382	7,182
Total securities HTM, at cost	104,587	134,764
Fair Value
Due after ten years	97,322	126,287
Total	97,322	126,287
Mortgage-backed securities	6,510	7,183
Fair Value	103,832	133,470
Non-bank qualified obligations of states and political subdivisions
Debt Securities, Held-to-maturity, Fair Value to Amortized Cost [Abstract]
Total securities HTM, at cost	98,205	127,582
Gross Unrealized Gains	133	108
Gross Unrealized (Losses)	(1,016)	(1,403)
Fair Value	97,322	126,287
Debt Securities, Held-to-maturity, Continuous Unrealized Loss Position [Abstract]
LESS THAN 12 MONTHS, Fair Value	0	5,967
LESS THAN 12 MONTHS, Unrealized (Losses)	0	(6)
OVER 12 MONTHS, Fair Value	83,207	109,368
OVER 12 MONTHS, Unrealized (Losses)	(1,016)	(1,397)
TOTAL, Fair Value	83,207	115,335
TOTAL, Unrealized (Losses)	(1,016)	(1,403)
Amortized Cost
Total securities HTM, at cost	98,205	127,582
Fair Value
Fair Value	97,322	126,287
Mortgage-backed securities
Debt Securities, Held-to-maturity, Fair Value to Amortized Cost [Abstract]
Total securities HTM, at cost	6,382	7,182
Gross Unrealized Gains	128	14
Gross Unrealized (Losses)	0	(13)
Fair Value	6,510	7,183
Debt Securities, Held-to-maturity, Continuous Unrealized Loss Position [Abstract]
LESS THAN 12 MONTHS, Fair Value		1,471
LESS THAN 12 MONTHS, Unrealized (Losses)		0
OVER 12 MONTHS, Fair Value		1,803
OVER 12 MONTHS, Unrealized (Losses)		(13)
TOTAL, Fair Value		3,274
TOTAL, Unrealized (Losses)		(13)
Amortized Cost
Total securities HTM, at cost	6,382	7,182
Fair Value
Fair Value	$ 6,510	$ 7,183

LOANS AND LEASES, NET - Summary of Loans (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Mar. 31, 2020	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Sep. 30, 2018	Aug. 01, 2018
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	$ 3,496,709		$ 3,651,413
Net deferred loan origination fees (costs)	5,937		7,434
Total gross loans and leases	3,502,646		3,658,847
Allowance for loan and lease losses	(65,747)	$ (65,355)	(29,149)	$ (43,505)	$ (48,672)	$ (13,040)
Total loans and leases, net	3,436,899		3,629,698
Crestmark Bancorp, Inc.
Accounts, Notes, Loans and Financing Receivable [Line Items]
Receivables acquired	188,300
Credit discounts	3,400						$ 12,300
Interest rate mark discounts				2,900			6,000
Acquired loans and leases from Crestmark acquisition							$ 1,060,000
National Lending
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	2,697,272		2,449,592
Allowance for loan and lease losses	(45,338)	(52,002)	(21,021)	(35,107)	(39,874)	(4,972)
National Lending \| Term lending
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	738,454		641,742
Allowance for loan and lease losses	(14,513)	(11,647)	(5,533)	(3,761)	(3,121)	(89)
National Lending \| Asset based lending
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	181,130		250,465
Allowance for loan and lease losses	(1,831)	(2,826)	(2,437)	(1,793)	(1,410)	(47)
National Lending \| Factoring
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	206,361		296,507
Allowance for loan and lease losses	(2,669)	(4,444)	(3,261)	(3,204)	(1,761)	(64)
National Lending \| Lease financing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	264,988		177,915
Allowance for loan and lease losses	(6,710)	(2,683)	(1,275)	(672)	(933)	(30)
National Lending \| Insurance premium finance
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	359,147		361,105
Allowance for loan and lease losses	(2,369)	(2,142)	(1,024)	(1,016)	(919)	(1,031)
National Lending \| SBA/USDA
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	308,611		88,831
Allowance for loan and lease losses	(1,140)	(1,558)	(383)	(923)	(474)	(13)
National Lending \| Other commercial finance
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	100,214		99,665
Allowance for loan and lease losses	(171)	(552)	(683)	(957)	(525)	(28)
National Lending \| Commercial finance
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	2,158,905		1,916,230
Allowance for loan and lease losses	(29,403)	(25,852)	(14,596)	(12,326)	(9,143)	(1,302)
National Lending \| Consumer credit products
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	102,808		106,794
Allowance for loan and lease losses	(971)	(1,082)	(1,044)	(1,456)	(1,314)	(785)
National Lending \| Other consumer finance
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	138,777		161,404
Allowance for loan and lease losses	(3,249)	(3,414)	(5,118)	(5,650)	(5,130)	(2,820)
National Lending \| Consumer finance
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	241,585		268,198
Allowance for loan and lease losses	(4,220)	(4,496)	(6,162)	(7,106)	(6,444)	(3,605)
National Lending \| Tax services
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	19,168		2,240
Allowance for loan and lease losses	(11,437)	(21,320)	0	(15,425)	(24,102)	0
National Lending \| Warehouse finance
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	277,614		262,924
Allowance for loan and lease losses	(278)	(334)	(263)	(250)	(185)	(65)
Community Banking
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	799,437		1,201,821
Allowance for loan and lease losses	(20,409)	(13,353)	(8,128)	(8,398)	(8,798)	(8,068)
Community Banking \| Commercial real estate and operating
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	608,303		883,932
Allowance for loan and lease losses	(16,757)	(10,069)	(6,208)	(6,424)	(6,673)	(6,220)
Community Banking \| Consumer one-to-four family real estate and other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	166,479		259,425
Allowance for loan and lease losses	(2,936)	(2,350)	(1,053)	(893)	(958)	(632)
Community Banking \| Agricultural real estate and operating
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	24,655		58,464
Allowance for loan and lease losses	$ (716)	$ (934)	$ (867)	$ (1,081)	$ (1,167)	$ (1,216)

LOANS AND LEASES, NET - Schedule of Loans Purchased and Sold, by Portfolio Segment (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans Purchased, Loans held for sale			$ 120,406	$ 219,551
Loans Purchased, Total purchases	$ 2,728	$ 82,150	120,406	232,194
Loans Sold, Loans held for sale			168,814	95,663
Loans Sold, Total sales	8,524	59,873	443,594	105,634
National Lending
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans Purchased, Loans held for sale	0	6,703	0	12,643
Loans Purchased, Total purchases	0	72,737	103,888	198,328
Loans Sold, Loans held for sale	8,524	57,661	168,814	92,565
Community Banking
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans Purchased, Total purchases	2,728	2,710	16,518	21,223
Loans Sold, Loans held for sale	0	0	271,681	0
Loans Sold, Loans held for investment	$ 0	$ 2,212	$ 3,099	$ 13,069

LOANS AND LEASES, NET - Direct Financing and Sales-type Leases, and Lease Receivable Maturity (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Jun. 30, 2020	Jun. 30, 2020	Sep. 30, 2019
Net Investment in Lease [Abstract]
Carrying Amount	$ 283,003	$ 283,003	$ 191,733
Unguaranteed residual assets	16,662	16,662	13,353
Unamortized initial direct costs	1,967	1,967	1,790
Unearned income	(34,677)	(34,677)	(27,171)
Total net investment in direct financing and sales-type leases	266,955	266,955	$ 179,705
Operating Lease, Lease Income [Abstract]
Interest income on net investments in direct financing and sales-type leases	4,496	12,958
Lease income from operating lease payments	11,391	33,857
Profit (loss) recorded on commencement date on sales-type leases	103	590
Other	554	3,135
Total leasing and equipment finance noninterest income	12,048	37,582
Total lease income	16,544	50,540
Sales-type and Direct Financing Leases, Lease Receivable, Fiscal Year Maturity [Abstract]
Remaining in 2020	25,308	25,308
2021	95,008	95,008
2022	74,899	74,899
2023	49,197	49,197
2024	29,178	29,178
Thereafter	9,413	9,413
Equipment under leases not yet commenced
Total undiscounted future minimum lease payments receivable for direct financing and sales-type leases	283,003	283,003
Third-party residual value guarantees	0	0
Total carrying amount of direct financing and sales-type leases	$ 283,003	$ 283,003

LOANS AND LEASES, NET - Allowance for Loan Losses and Recorded Investment in Loans (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Sep. 30, 2019
Allowance for Credit Losses [Roll Forward]
Beginning balance	$ 65,355	$ 48,672	$ 29,149	$ 13,040
Provision (recovery) for loan and lease losses	15,093	9,112	55,796	51,529
Charge-offs	(15,604)	(14,751)	(22,709)	(24,077)
Recoveries	903	472	3,511	3,013
Ending balance	65,747	43,505	65,747	43,505
Ending balance: individually evaluated for impairment					$ 5,287	$ 1,875
Ending balance: collectively evaluated for impairment					60,460	27,274
Total	65,747	43,505	65,747	43,505	65,747	29,149
Loans:
Ending balance: individually evaluated for impairment					48,722	33,639
Ending balance: collectively evaluated for impairment					3,447,987	3,617,774
Total					3,496,709	3,651,413
National Lending
Allowance for Credit Losses [Roll Forward]
Beginning balance	52,002	39,874	21,021	4,972
Provision (recovery) for loan and lease losses	8,037	9,512	43,515	51,429
Charge-offs	(15,604)	(14,751)	(22,709)	(24,057)
Recoveries	903	472	3,511	2,763
Ending balance	45,338	35,107	45,338	35,107
Ending balance: individually evaluated for impairment					5,146	1,875
Ending balance: collectively evaluated for impairment					40,192	19,146
Total	45,338	35,107	45,338	4,972	45,338	21,021
Loans:
Ending balance: individually evaluated for impairment					45,689	30,296
Ending balance: collectively evaluated for impairment					2,651,583	2,419,296
Total					2,697,272	2,449,592
National Lending \| Term lending
Allowance for Credit Losses [Roll Forward]
Beginning balance	11,647	3,121	5,533	89
Provision (recovery) for loan and lease losses	5,672	2,564	14,753	4,928
Charge-offs	(2,831)	(1,969)	(6,003)	(2,751)
Recoveries	25	45	230	1,495
Ending balance	14,513	3,761	14,513	3,761
Ending balance: individually evaluated for impairment					3,366	450
Ending balance: collectively evaluated for impairment					11,147	5,083
Total	14,513	3,761	5,533	89	14,513	5,533
Loans:
Ending balance: individually evaluated for impairment					31,467	19,568
Ending balance: collectively evaluated for impairment					706,987	622,174
Total					738,454	641,742
National Lending \| Asset based lending
Allowance for Credit Losses [Roll Forward]
Beginning balance	2,826	1,410	2,437	47
Provision (recovery) for loan and lease losses	(953)	417	(611)	1,775
Charge-offs	(42)	(37)	(42)	(37)
Recoveries	0	3	47	8
Ending balance	1,831	1,793	1,831	1,793
Ending balance: individually evaluated for impairment					0	0
Ending balance: collectively evaluated for impairment					1,831	2,437
Total	1,831	1,793	2,437	47	1,831	2,437
Loans:
Ending balance: individually evaluated for impairment					2,805	378
Ending balance: collectively evaluated for impairment					178,325	250,087
Total					181,130	250,465
National Lending \| Factoring
Allowance for Credit Losses [Roll Forward]
Beginning balance	4,444	1,761	3,261	64
Provision (recovery) for loan and lease losses	(1,997)	2,747	(509)	5,769
Charge-offs	(140)	(1,335)	(875)	(2,711)
Recoveries	362	31	792	82
Ending balance	2,669	3,204	2,669	3,204
Ending balance: individually evaluated for impairment					189	1,262
Ending balance: collectively evaluated for impairment					2,480	1,999
Total	2,669	3,204	2,669	64	2,669	3,261
Loans:
Ending balance: individually evaluated for impairment					2,165	3,824
Ending balance: collectively evaluated for impairment					204,196	292,683
Total					206,361	296,507
National Lending \| Lease financing
Allowance for Credit Losses [Roll Forward]
Beginning balance	2,683	933	1,275	30
Provision (recovery) for loan and lease losses	4,293	(309)	5,841	1,039
Charge-offs	(357)	(110)	(725)	(1,052)
Recoveries	91	158	319	655
Ending balance	6,710	672	6,710	672
Ending balance: individually evaluated for impairment					1,350	112
Ending balance: collectively evaluated for impairment					5,360	1,163
Total	6,710	672	1,275	30	6,710	1,275
Loans:
Ending balance: individually evaluated for impairment					4,695	1,213
Ending balance: collectively evaluated for impairment					260,293	176,702
Total					264,988	177,915
National Lending \| Insurance premium finance
Allowance for Credit Losses [Roll Forward]
Beginning balance	2,142	919	1,024	1,031
Provision (recovery) for loan and lease losses	596	201	2,671	2,091
Charge-offs	(736)	(275)	(1,809)	(2,359)
Recoveries	367	171	483	253
Ending balance	2,369	1,016	2,369	1,016
Ending balance: individually evaluated for impairment					0	0
Ending balance: collectively evaluated for impairment					2,369	1,024
Total	2,369	1,016	1,024	1,016	2,369	1,024
Loans:
Ending balance: individually evaluated for impairment					0	0
Ending balance: collectively evaluated for impairment					359,147	361,105
Total					359,147	361,105
National Lending \| SBA/USDA
Allowance for Credit Losses [Roll Forward]
Beginning balance	1,558	474	383	13
Provision (recovery) for loan and lease losses	716	449	2,007	910
Charge-offs	(1,134)	0	(1,250)	0
Recoveries	0	0	0	0
Ending balance	1,140	923	1,140	923
Ending balance: individually evaluated for impairment					241	51
Ending balance: collectively evaluated for impairment					899	332
Total	1,140	923	383	923	1,140	383
Loans:
Ending balance: individually evaluated for impairment					2,380	3,841
Ending balance: collectively evaluated for impairment					306,231	84,990
Total					308,611	88,831
National Lending \| Other commercial finance
Allowance for Credit Losses [Roll Forward]
Beginning balance	552	525	683	28
Provision (recovery) for loan and lease losses	(381)	432	(512)	929
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Ending balance	171	957	171	957
Ending balance: individually evaluated for impairment					0	0
Ending balance: collectively evaluated for impairment					171	683
Total	171	957	683	28	171	683
Loans:
Ending balance: individually evaluated for impairment					0	0
Ending balance: collectively evaluated for impairment					100,214	99,665
Total					100,214	99,665
National Lending \| Commercial finance
Allowance for Credit Losses [Roll Forward]
Beginning balance	25,852	9,143	14,596	1,302
Provision (recovery) for loan and lease losses	7,946	6,501	23,640	17,441
Charge-offs	(5,240)	(3,726)	(10,704)	(8,910)
Recoveries	845	408	1,871	2,493
Ending balance	29,403	12,326	29,403	12,326
Ending balance: individually evaluated for impairment					5,146	1,875
Ending balance: collectively evaluated for impairment					24,257	12,721
Total	29,403	12,326	14,596	1,302	29,403	14,596
Loans:
Ending balance: individually evaluated for impairment					43,512	28,824
Ending balance: collectively evaluated for impairment					2,115,393	1,887,406
Total					2,158,905	1,916,230
National Lending \| Consumer credit products
Allowance for Credit Losses [Roll Forward]
Beginning balance	1,082	1,314	1,044	785
Provision (recovery) for loan and lease losses	(111)	142	(73)	671
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Ending balance	971	1,456	971	1,456
Ending balance: individually evaluated for impairment					0	0
Ending balance: collectively evaluated for impairment					971	1,044
Total	971	1,456	1,044	1,456	971	1,044
Loans:
Ending balance: individually evaluated for impairment					0	0
Ending balance: collectively evaluated for impairment					102,808	106,794
Total					102,808	106,794
National Lending \| Other consumer finance
Allowance for Credit Losses [Roll Forward]
Beginning balance	3,414	5,130	5,118	2,820
Provision (recovery) for loan and lease losses	358	1,890	(474)	8,249
Charge-offs	(567)	(1,398)	(2,208)	(5,477)
Recoveries	44	28	813	58
Ending balance	3,249	5,650	3,249	5,650
Ending balance: individually evaluated for impairment					0	0
Ending balance: collectively evaluated for impairment					3,249	5,118
Total	3,249	5,650	5,118	5,650	3,249	5,118
Loans:
Ending balance: individually evaluated for impairment					2,177	1,472
Ending balance: collectively evaluated for impairment					136,600	159,932
Total					138,777	161,404
National Lending \| Consumer finance
Allowance for Credit Losses [Roll Forward]
Beginning balance	4,496	6,444	6,162	3,605
Provision (recovery) for loan and lease losses	247	2,032	(547)	8,920
Charge-offs	(567)	(1,398)	(2,208)	(5,477)
Recoveries	44	28	813	58
Ending balance	4,220	7,106	4,220	7,106
Ending balance: individually evaluated for impairment					0	0
Ending balance: collectively evaluated for impairment					4,220	6,162
Total	4,220	7,106	4,220	7,106	4,220	6,162
Loans:
Ending balance: individually evaluated for impairment					2,177	1,472
Ending balance: collectively evaluated for impairment					239,408	266,726
Total					241,585	268,198
National Lending \| Tax services
Allowance for Credit Losses [Roll Forward]
Beginning balance	21,320	24,102	0	0
Provision (recovery) for loan and lease losses	(100)	914	20,407	24,883
Charge-offs	(9,797)	(9,627)	(9,797)	(9,670)
Recoveries	14	36	827	212
Ending balance	11,437	15,425	11,437	15,425
Ending balance: individually evaluated for impairment					0	0
Ending balance: collectively evaluated for impairment					11,437	0
Total	11,437	15,425	0	0	11,437	0
Loans:
Ending balance: individually evaluated for impairment					0	0
Ending balance: collectively evaluated for impairment					19,168	2,240
Total					19,168	2,240
National Lending \| Warehouse finance
Allowance for Credit Losses [Roll Forward]
Beginning balance	334	185	263	65
Provision (recovery) for loan and lease losses	(56)	65	15	185
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Ending balance	278	250	278	250
Ending balance: individually evaluated for impairment					0	0
Ending balance: collectively evaluated for impairment					278	263
Total	278	250	278	65	278	263
Loans:
Ending balance: individually evaluated for impairment					0	0
Ending balance: collectively evaluated for impairment					277,614	262,924
Total					277,614	262,924
Community Banking
Allowance for Credit Losses [Roll Forward]
Beginning balance	13,353	8,798	8,128	8,068
Provision (recovery) for loan and lease losses	7,056	(400)	12,281	100
Charge-offs	0	0	0	(20)
Recoveries	0	0	0	250
Ending balance	20,409	8,398	20,409	8,398
Ending balance: individually evaluated for impairment					141	0
Ending balance: collectively evaluated for impairment					20,268	8,128
Total	20,409	8,398	20,409	8,398	20,409	8,128
Loans:
Ending balance: individually evaluated for impairment					3,033	3,343
Ending balance: collectively evaluated for impairment					796,404	1,198,478
Total					799,437	1,201,821
Community Banking \| Commercial real estate and operating
Allowance for Credit Losses [Roll Forward]
Beginning balance	10,069	6,673	6,208	6,220
Provision (recovery) for loan and lease losses	6,688	(249)	10,549	204
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Ending balance	16,757	6,424	16,757	6,424
Ending balance: individually evaluated for impairment					141	0
Ending balance: collectively evaluated for impairment					16,616	6,208
Total	16,757	6,424	6,208	6,424	16,757	6,208
Loans:
Ending balance: individually evaluated for impairment					419	258
Ending balance: collectively evaluated for impairment					607,884	883,674
Total					608,303	883,932
Community Banking \| Consumer one-to-four family real estate and other
Allowance for Credit Losses [Roll Forward]
Beginning balance	2,350	958	1,053	632
Provision (recovery) for loan and lease losses	586	(65)	1,883	281
Charge-offs	0	0	0	(20)
Recoveries	0	0	0	0
Ending balance	2,936	893	2,936	893
Ending balance: individually evaluated for impairment					0	0
Ending balance: collectively evaluated for impairment					2,936	1,053
Total	2,936	893	1,053	632	2,936	1,053
Loans:
Ending balance: individually evaluated for impairment					177	100
Ending balance: collectively evaluated for impairment					166,302	259,325
Total					166,479	259,425
Community Banking \| Agricultural real estate and operating
Allowance for Credit Losses [Roll Forward]
Beginning balance	934	1,167	867	1,216
Provision (recovery) for loan and lease losses	(218)	(86)	(151)	(385)
Charge-offs	0	0	0	0
Recoveries	0	0	0	250
Ending balance	716	1,081	716	1,081
Ending balance: individually evaluated for impairment					0	0
Ending balance: collectively evaluated for impairment					716	867
Total	$ 716	$ 1,081	$ 867	$ 1,081	716	867
Loans:
Ending balance: individually evaluated for impairment					2,437	2,985
Ending balance: collectively evaluated for impairment					22,218	55,479
Total					$ 24,655	$ 58,464

LOANS AND LEASES, NET - Asset Classification of Loans (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Sep. 30, 2019
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	$ 3,235,956	$ 3,380,975
Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	2,989,235	3,178,254
Watch
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	137,663	7,071
Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	52,421	154,461
Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	52,534	40,645
Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	4,103	544
National Lending
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	2,436,519	2,179,154
National Lending \| Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	2,212,627	2,005,337
National Lending \| Watch
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	136,923	0
National Lending \| Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	42,838	144,993
National Lending \| Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	40,608	28,280
National Lending \| Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	3,523	544
National Lending \| Term lending
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	738,454	641,742
National Lending \| Term lending \| Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	656,198	585,382
National Lending \| Term lending \| Watch
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	42,015	0
National Lending \| Term lending \| Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	8,774	36,792
National Lending \| Term lending \| Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	28,579	19,024
National Lending \| Term lending \| Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	2,888	544
National Lending \| Asset based lending
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	181,130	250,465
National Lending \| Asset based lending \| Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	108,069	192,427
National Lending \| Asset based lending \| Watch
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	58,415	0
National Lending \| Asset based lending \| Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	11,841	57,660
National Lending \| Asset based lending \| Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	2,805	378
National Lending \| Asset based lending \| Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	0	0
National Lending \| Factoring
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	206,361	296,507
National Lending \| Factoring \| Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	161,075	256,048
National Lending \| Factoring \| Watch
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	22,255	0
National Lending \| Factoring \| Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	20,865	36,635
National Lending \| Factoring \| Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	2,166	3,824
National Lending \| Factoring \| Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	0	0
National Lending \| Lease financing
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	264,988	177,915
National Lending \| Lease financing \| Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	257,540	171,785
National Lending \| Lease financing \| Watch
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	1,875	0
National Lending \| Lease financing \| Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	879	4,917
National Lending \| Lease financing \| Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	4,553	1,213
National Lending \| Lease financing \| Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	141	0
National Lending \| Insurance premium finance
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	359,147	361,105
National Lending \| Insurance premium finance \| Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	356,821	361,105
National Lending \| Insurance premium finance \| Watch
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	1,305	0
National Lending \| Insurance premium finance \| Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	402	0
National Lending \| Insurance premium finance \| Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	125	0
National Lending \| Insurance premium finance \| Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	494	0
National Lending \| SBA/USDA
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	308,611	88,831
National Lending \| SBA/USDA \| Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	295,815	76,609
National Lending \| SBA/USDA \| Watch
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	10,339	0
National Lending \| SBA/USDA \| Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	77	8,381
National Lending \| SBA/USDA \| Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	2,380	3,841
National Lending \| SBA/USDA \| Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	0	0
National Lending \| Other commercial finance
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	100,214	99,665
National Lending \| Other commercial finance \| Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	99,495	99,057
National Lending \| Other commercial finance \| Watch
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	719	0
National Lending \| Other commercial finance \| Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	0	608
National Lending \| Other commercial finance \| Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	0	0
National Lending \| Other commercial finance \| Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	0	0
National Lending \| Commercial finance
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	2,158,905	1,916,230
National Lending \| Commercial finance \| Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	1,935,013	1,742,413
National Lending \| Commercial finance \| Watch
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	136,923	0
National Lending \| Commercial finance \| Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	42,838	144,993
National Lending \| Commercial finance \| Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	40,608	28,280
National Lending \| Commercial finance \| Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	3,523	544
National Lending \| Warehouse finance
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	277,614	262,924
National Lending \| Warehouse finance \| Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	277,614	262,924
National Lending \| Warehouse finance \| Watch
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	0	0
National Lending \| Warehouse finance \| Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	0	0
National Lending \| Warehouse finance \| Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	0	0
National Lending \| Warehouse finance \| Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	0	0
Community Banking
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	799,437	1,201,821
Community Banking \| Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	776,608	1,172,917
Community Banking \| Watch
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	740	7,071
Community Banking \| Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	9,583	9,468
Community Banking \| Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	11,926	12,365
Community Banking \| Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	580	0
Community Banking \| Commercial real estate and operating
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	608,303	883,932
Community Banking \| Commercial real estate and operating \| Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	599,144	875,933
Community Banking \| Commercial real estate and operating \| Watch
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	698	1,494
Community Banking \| Commercial real estate and operating \| Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	4,019	2,884
Community Banking \| Commercial real estate and operating \| Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	3,862	3,621
Community Banking \| Commercial real estate and operating \| Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	580	0
Community Banking \| Consumer one-to-four family real estate and other
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	166,479	259,425
Community Banking \| Consumer one-to-four family real estate and other \| Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	165,518	257,575
Community Banking \| Consumer one-to-four family real estate and other \| Watch
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	42	946
Community Banking \| Consumer one-to-four family real estate and other \| Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	655	708
Community Banking \| Consumer one-to-four family real estate and other \| Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	264	196
Community Banking \| Consumer one-to-four family real estate and other \| Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	0	0
Community Banking \| Agricultural real estate and operating
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	24,655	58,464
Community Banking \| Agricultural real estate and operating \| Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	11,946	39,409
Community Banking \| Agricultural real estate and operating \| Watch
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	0	4,631
Community Banking \| Agricultural real estate and operating \| Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	4,909	5,876
Community Banking \| Agricultural real estate and operating \| Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	7,800	8,548
Community Banking \| Agricultural real estate and operating \| Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans and leases	$ 0	$ 0

LOANS AND LEASES, NET - Past Due Loans (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Sep. 30, 2019
Financing Receivable, Past Due [Line Items]
Loans and leases	$ 3,502,646	$ 3,658,847
Accruing and Nonaccruing Loans and Leases
Financing Receivable, Past Due [Line Items]
Total Past Due	90,790	40,825
Current	3,485,824	3,759,365
Loans and leases	3,576,614	3,800,190
Accruing and Nonaccruing Loans and Leases \| Total loans and leases held for investment
Financing Receivable, Past Due [Line Items]
Total Past Due	90,790	37,984
Current	3,405,919	3,613,429
Loans and leases	3,496,709	3,651,413
Accruing and Nonaccruing Loans and Leases \| National Lending
Financing Receivable, Past Due [Line Items]
Total Past Due	78,370	36,903
Current	2,618,902	2,412,689
Loans and leases	2,697,272	2,449,592
Accruing and Nonaccruing Loans and Leases \| National Lending \| Loans held for sale
Financing Receivable, Past Due [Line Items]
Total Past Due	0	2,841
Current	79,905	145,936
Loans and leases	79,905	148,777
Accruing and Nonaccruing Loans and Leases \| National Lending \| Term lending
Financing Receivable, Past Due [Line Items]
Total Past Due	31,293	17,170
Current	707,161	624,572
Loans and leases	738,454	641,742
Accruing and Nonaccruing Loans and Leases \| National Lending \| Asset based lending
Financing Receivable, Past Due [Line Items]
Total Past Due	0	0
Current	181,130	250,465
Loans and leases	181,130	250,465
Accruing and Nonaccruing Loans and Leases \| National Lending \| Factoring
Financing Receivable, Past Due [Line Items]
Total Past Due	0	0
Current	206,361	296,507
Loans and leases	206,361	296,507
Accruing and Nonaccruing Loans and Leases \| National Lending \| Lease financing
Financing Receivable, Past Due [Line Items]
Total Past Due	14,875	4,030
Current	250,113	173,885
Loans and leases	264,988	177,915
Accruing and Nonaccruing Loans and Leases \| National Lending \| Insurance premium finance
Financing Receivable, Past Due [Line Items]
Total Past Due	8,813	8,687
Current	350,334	352,418
Loans and leases	359,147	361,105
Accruing and Nonaccruing Loans and Leases \| National Lending \| SBA/USDA
Financing Receivable, Past Due [Line Items]
Total Past Due	2,039	338
Current	306,572	88,493
Loans and leases	308,611	88,831
Accruing and Nonaccruing Loans and Leases \| National Lending \| Other commercial finance
Financing Receivable, Past Due [Line Items]
Total Past Due	0	0
Current	100,214	99,665
Loans and leases	100,214	99,665
Accruing and Nonaccruing Loans and Leases \| National Lending \| Commercial finance
Financing Receivable, Past Due [Line Items]
Total Past Due	57,020	30,225
Current	2,101,885	1,886,005
Loans and leases	2,158,905	1,916,230
Accruing and Nonaccruing Loans and Leases \| National Lending \| Consumer credit products
Financing Receivable, Past Due [Line Items]
Total Past Due	1,255	1,423
Current	101,553	105,371
Loans and leases	102,808	106,794
Accruing and Nonaccruing Loans and Leases \| National Lending \| Other consumer finance
Financing Receivable, Past Due [Line Items]
Total Past Due	927	3,015
Current	137,850	158,389
Loans and leases	138,777	161,404
Accruing and Nonaccruing Loans and Leases \| National Lending \| Consumer finance
Financing Receivable, Past Due [Line Items]
Total Past Due	2,182	4,438
Current	239,403	263,760
Loans and leases	241,585	268,198
Accruing and Nonaccruing Loans and Leases \| National Lending \| Tax services
Financing Receivable, Past Due [Line Items]
Total Past Due	19,168	2,240
Current	0	0
Loans and leases	19,168	2,240
Accruing and Nonaccruing Loans and Leases \| National Lending \| Warehouse finance
Financing Receivable, Past Due [Line Items]
Total Past Due	0	0
Current	277,614	262,924
Loans and leases	277,614	262,924
Accruing and Nonaccruing Loans and Leases \| Community Banking
Financing Receivable, Past Due [Line Items]
Total Past Due	12,420	1,081
Current	787,017	1,200,740
Loans and leases	799,437	1,201,821
Accruing and Nonaccruing Loans and Leases \| Community Banking \| Commercial real estate and operating
Financing Receivable, Past Due [Line Items]
Total Past Due	3,629	565
Current	604,674	883,367
Loans and leases	608,303	883,932
Accruing and Nonaccruing Loans and Leases \| Community Banking \| Consumer one-to-four family real estate and other
Financing Receivable, Past Due [Line Items]
Total Past Due	984	467
Current	165,495	258,958
Loans and leases	166,479	259,425
Accruing and Nonaccruing Loans and Leases \| Community Banking \| Agricultural real estate and operating
Financing Receivable, Past Due [Line Items]
Total Past Due	7,807	49
Current	16,848	58,415
Loans and leases	24,655	58,464
Accruing and Nonaccruing Loans and Leases \| 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	19,425	9,157
Accruing and Nonaccruing Loans and Leases \| 30-59 Days Past Due \| Total loans and leases held for investment
Financing Receivable, Past Due [Line Items]
Total Past Due	19,425	8,035
Accruing and Nonaccruing Loans and Leases \| 30-59 Days Past Due \| National Lending
Financing Receivable, Past Due [Line Items]
Total Past Due	14,515	6,963
Accruing and Nonaccruing Loans and Leases \| 30-59 Days Past Due \| National Lending \| Loans held for sale
Financing Receivable, Past Due [Line Items]
Total Past Due	0	1,122
Accruing and Nonaccruing Loans and Leases \| 30-59 Days Past Due \| National Lending \| Term lending
Financing Receivable, Past Due [Line Items]
Total Past Due	7,371	2,162
Accruing and Nonaccruing Loans and Leases \| 30-59 Days Past Due \| National Lending \| Asset based lending
Financing Receivable, Past Due [Line Items]
Total Past Due	0	0
Accruing and Nonaccruing Loans and Leases \| 30-59 Days Past Due \| National Lending \| Factoring
Financing Receivable, Past Due [Line Items]
Total Past Due	0	0
Accruing and Nonaccruing Loans and Leases \| 30-59 Days Past Due \| National Lending \| Lease financing
Financing Receivable, Past Due [Line Items]
Total Past Due	4,623	1,160
Accruing and Nonaccruing Loans and Leases \| 30-59 Days Past Due \| National Lending \| Insurance premium finance
Financing Receivable, Past Due [Line Items]
Total Past Due	1,711	1,999
Accruing and Nonaccruing Loans and Leases \| 30-59 Days Past Due \| National Lending \| SBA/USDA
Financing Receivable, Past Due [Line Items]
Total Past Due	160	83
Accruing and Nonaccruing Loans and Leases \| 30-59 Days Past Due \| National Lending \| Other commercial finance
Financing Receivable, Past Due [Line Items]
Total Past Due	0	0
Accruing and Nonaccruing Loans and Leases \| 30-59 Days Past Due \| National Lending \| Commercial finance
Financing Receivable, Past Due [Line Items]
Total Past Due	13,865	5,404
Accruing and Nonaccruing Loans and Leases \| 30-59 Days Past Due \| National Lending \| Consumer credit products
Financing Receivable, Past Due [Line Items]
Total Past Due	506	627
Accruing and Nonaccruing Loans and Leases \| 30-59 Days Past Due \| National Lending \| Other consumer finance
Financing Receivable, Past Due [Line Items]
Total Past Due	144	932
Accruing and Nonaccruing Loans and Leases \| 30-59 Days Past Due \| National Lending \| Consumer finance
Financing Receivable, Past Due [Line Items]
Total Past Due	650	1,559
Accruing and Nonaccruing Loans and Leases \| 30-59 Days Past Due \| National Lending \| Tax services
Financing Receivable, Past Due [Line Items]
Total Past Due	0	0
Accruing and Nonaccruing Loans and Leases \| 30-59 Days Past Due \| National Lending \| Warehouse finance
Financing Receivable, Past Due [Line Items]
Total Past Due	0	0
Accruing and Nonaccruing Loans and Leases \| 30-59 Days Past Due \| Community Banking
Financing Receivable, Past Due [Line Items]
Total Past Due	4,910	1,072
Accruing and Nonaccruing Loans and Leases \| 30-59 Days Past Due \| Community Banking \| Commercial real estate and operating
Financing Receivable, Past Due [Line Items]
Total Past Due	2,791	565
Accruing and Nonaccruing Loans and Leases \| 30-59 Days Past Due \| Community Banking \| Consumer one-to-four family real estate and other
Financing Receivable, Past Due [Line Items]
Total Past Due	863	458
Accruing and Nonaccruing Loans and Leases \| 30-59 Days Past Due \| Community Banking \| Agricultural real estate and operating
Financing Receivable, Past Due [Line Items]
Total Past Due	1,256	49
Accruing and Nonaccruing Loans and Leases \| 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	36,421	7,242
Accruing and Nonaccruing Loans and Leases \| 60-89 Days Past Due \| Total loans and leases held for investment
Financing Receivable, Past Due [Line Items]
Total Past Due	36,421	6,487
Accruing and Nonaccruing Loans and Leases \| 60-89 Days Past Due \| National Lending
Financing Receivable, Past Due [Line Items]
Total Past Due	35,796	6,487
Accruing and Nonaccruing Loans and Leases \| 60-89 Days Past Due \| National Lending \| Loans held for sale
Financing Receivable, Past Due [Line Items]
Total Past Due	0	755
Accruing and Nonaccruing Loans and Leases \| 60-89 Days Past Due \| National Lending \| Term lending
Financing Receivable, Past Due [Line Items]
Total Past Due	6,957	910
Accruing and Nonaccruing Loans and Leases \| 60-89 Days Past Due \| National Lending \| Asset based lending
Financing Receivable, Past Due [Line Items]
Total Past Due	0	0
Accruing and Nonaccruing Loans and Leases \| 60-89 Days Past Due \| National Lending \| Factoring
Financing Receivable, Past Due [Line Items]
Total Past Due	0	0
Accruing and Nonaccruing Loans and Leases \| 60-89 Days Past Due \| National Lending \| Lease financing
Financing Receivable, Past Due [Line Items]
Total Past Due	5,669	1,134
Accruing and Nonaccruing Loans and Leases \| 60-89 Days Past Due \| National Lending \| Insurance premium finance
Financing Receivable, Past Due [Line Items]
Total Past Due	3,379	2,881
Accruing and Nonaccruing Loans and Leases \| 60-89 Days Past Due \| National Lending \| SBA/USDA
Financing Receivable, Past Due [Line Items]
Total Past Due	0	0
Accruing and Nonaccruing Loans and Leases \| 60-89 Days Past Due \| National Lending \| Other commercial finance
Financing Receivable, Past Due [Line Items]
Total Past Due	0	0
Accruing and Nonaccruing Loans and Leases \| 60-89 Days Past Due \| National Lending \| Commercial finance
Financing Receivable, Past Due [Line Items]
Total Past Due	16,005	4,925
Accruing and Nonaccruing Loans and Leases \| 60-89 Days Past Due \| National Lending \| Consumer credit products
Financing Receivable, Past Due [Line Items]
Total Past Due	412	557
Accruing and Nonaccruing Loans and Leases \| 60-89 Days Past Due \| National Lending \| Other consumer finance
Financing Receivable, Past Due [Line Items]
Total Past Due	211	1,005
Accruing and Nonaccruing Loans and Leases \| 60-89 Days Past Due \| National Lending \| Consumer finance
Financing Receivable, Past Due [Line Items]
Total Past Due	623	1,562
Accruing and Nonaccruing Loans and Leases \| 60-89 Days Past Due \| National Lending \| Tax services
Financing Receivable, Past Due [Line Items]
Total Past Due	19,168	0
Accruing and Nonaccruing Loans and Leases \| 60-89 Days Past Due \| National Lending \| Warehouse finance
Financing Receivable, Past Due [Line Items]
Total Past Due	0	0
Accruing and Nonaccruing Loans and Leases \| 60-89 Days Past Due \| Community Banking
Financing Receivable, Past Due [Line Items]
Total Past Due	625	0
Accruing and Nonaccruing Loans and Leases \| 60-89 Days Past Due \| Community Banking \| Commercial real estate and operating
Financing Receivable, Past Due [Line Items]
Total Past Due	580	0
Accruing and Nonaccruing Loans and Leases \| 60-89 Days Past Due \| Community Banking \| Consumer one-to-four family real estate and other
Financing Receivable, Past Due [Line Items]
Total Past Due	0	0
Accruing and Nonaccruing Loans and Leases \| 60-89 Days Past Due \| Community Banking \| Agricultural real estate and operating
Financing Receivable, Past Due [Line Items]
Total Past Due	45	0
Accruing and Nonaccruing Loans and Leases \| Greater Than 90 Days
Financing Receivable, Past Due [Line Items]
Total Past Due	34,944	24,426
Accruing and Nonaccruing Loans and Leases \| Greater Than 90 Days \| Total loans and leases held for investment
Financing Receivable, Past Due [Line Items]
Total Past Due	34,944	23,462
Accruing and Nonaccruing Loans and Leases \| Greater Than 90 Days \| National Lending
Financing Receivable, Past Due [Line Items]
Total Past Due	28,059	23,453
Accruing and Nonaccruing Loans and Leases \| Greater Than 90 Days \| National Lending \| Loans held for sale
Financing Receivable, Past Due [Line Items]
Total Past Due	0	964
Accruing and Nonaccruing Loans and Leases \| Greater Than 90 Days \| National Lending \| Term lending
Financing Receivable, Past Due [Line Items]
Total Past Due	16,965	14,098
Accruing and Nonaccruing Loans and Leases \| Greater Than 90 Days \| National Lending \| Asset based lending
Financing Receivable, Past Due [Line Items]
Total Past Due	0	0
Accruing and Nonaccruing Loans and Leases \| Greater Than 90 Days \| National Lending \| Factoring
Financing Receivable, Past Due [Line Items]
Total Past Due	0	0
Accruing and Nonaccruing Loans and Leases \| Greater Than 90 Days \| National Lending \| Lease financing
Financing Receivable, Past Due [Line Items]
Total Past Due	4,583	1,736
Accruing and Nonaccruing Loans and Leases \| Greater Than 90 Days \| National Lending \| Insurance premium finance
Financing Receivable, Past Due [Line Items]
Total Past Due	3,723	3,807
Accruing and Nonaccruing Loans and Leases \| Greater Than 90 Days \| National Lending \| SBA/USDA
Financing Receivable, Past Due [Line Items]
Total Past Due	1,879	255
Accruing and Nonaccruing Loans and Leases \| Greater Than 90 Days \| National Lending \| Other commercial finance
Financing Receivable, Past Due [Line Items]
Total Past Due	0	0
Accruing and Nonaccruing Loans and Leases \| Greater Than 90 Days \| National Lending \| Commercial finance
Financing Receivable, Past Due [Line Items]
Total Past Due	27,150	19,896
Accruing and Nonaccruing Loans and Leases \| Greater Than 90 Days \| National Lending \| Consumer credit products
Financing Receivable, Past Due [Line Items]
Total Past Due	337	239
Accruing and Nonaccruing Loans and Leases \| Greater Than 90 Days \| National Lending \| Other consumer finance
Financing Receivable, Past Due [Line Items]
Total Past Due	572	1,078
Accruing and Nonaccruing Loans and Leases \| Greater Than 90 Days \| National Lending \| Consumer finance
Financing Receivable, Past Due [Line Items]
Total Past Due	909	1,317
Accruing and Nonaccruing Loans and Leases \| Greater Than 90 Days \| National Lending \| Tax services
Financing Receivable, Past Due [Line Items]
Total Past Due	0	2,240
Accruing and Nonaccruing Loans and Leases \| Greater Than 90 Days \| National Lending \| Warehouse finance
Financing Receivable, Past Due [Line Items]
Total Past Due	0	0
Accruing and Nonaccruing Loans and Leases \| Greater Than 90 Days \| Community Banking
Financing Receivable, Past Due [Line Items]
Total Past Due	6,885	9
Accruing and Nonaccruing Loans and Leases \| Greater Than 90 Days \| Community Banking \| Commercial real estate and operating
Financing Receivable, Past Due [Line Items]
Total Past Due	258	0
Accruing and Nonaccruing Loans and Leases \| Greater Than 90 Days \| Community Banking \| Consumer one-to-four family real estate and other
Financing Receivable, Past Due [Line Items]
Total Past Due	121	9
Accruing and Nonaccruing Loans and Leases \| Greater Than 90 Days \| Community Banking \| Agricultural real estate and operating
Financing Receivable, Past Due [Line Items]
Total Past Due	6,506	0
Nonperforming Loans and Leases
Financing Receivable, Past Due [Line Items]
Non-accrual balance	24,755	14,422
Loans and leases	39,294	26,521
Nonperforming Loans and Leases \| Total loans and leases held for investment
Financing Receivable, Past Due [Line Items]
Non-accrual balance	24,755	14,422
Loans and leases	39,294	25,557
Nonperforming Loans and Leases \| National Lending
Financing Receivable, Past Due [Line Items]
Non-accrual balance	22,285	14,378
Loans and leases	31,829	25,513
Nonperforming Loans and Leases \| National Lending \| Loans held for sale
Financing Receivable, Past Due [Line Items]
Non-accrual balance	0	0
Loans and leases	0	964
Nonperforming Loans and Leases \| National Lending \| Term lending
Financing Receivable, Past Due [Line Items]
Non-accrual balance	16,524	12,146
Loans and leases	19,102	14,387
Nonperforming Loans and Leases \| National Lending \| Asset based lending
Financing Receivable, Past Due [Line Items]
Non-accrual balance	0	0
Loans and leases	0	0
Nonperforming Loans and Leases \| National Lending \| Factoring
Financing Receivable, Past Due [Line Items]
Non-accrual balance	733	1,669
Loans and leases	733	1,669
Nonperforming Loans and Leases \| National Lending \| Lease financing
Financing Receivable, Past Due [Line Items]
Non-accrual balance	3,518	308
Loans and leases	5,425	1,838
Nonperforming Loans and Leases \| National Lending \| Insurance premium finance
Financing Receivable, Past Due [Line Items]
Non-accrual balance	0	0
Loans and leases	3,723	3,807
Nonperforming Loans and Leases \| National Lending \| SBA/USDA
Financing Receivable, Past Due [Line Items]
Non-accrual balance	1,510	255
Loans and leases	1,937	255
Nonperforming Loans and Leases \| National Lending \| Other commercial finance
Financing Receivable, Past Due [Line Items]
Non-accrual balance	0	0
Loans and leases	0	0
Nonperforming Loans and Leases \| National Lending \| Commercial finance
Financing Receivable, Past Due [Line Items]
Non-accrual balance	22,285	14,378
Loans and leases	30,920	21,956
Nonperforming Loans and Leases \| National Lending \| Consumer credit products
Financing Receivable, Past Due [Line Items]
Non-accrual balance	0	0
Loans and leases	337	239
Nonperforming Loans and Leases \| National Lending \| Other consumer finance
Financing Receivable, Past Due [Line Items]
Non-accrual balance	0	0
Loans and leases	572	1,078
Nonperforming Loans and Leases \| National Lending \| Consumer finance
Financing Receivable, Past Due [Line Items]
Non-accrual balance	0	0
Loans and leases	909	1,317
Nonperforming Loans and Leases \| National Lending \| Tax services
Financing Receivable, Past Due [Line Items]
Non-accrual balance	0	0
Loans and leases	0	2,240
Nonperforming Loans and Leases \| National Lending \| Warehouse finance
Financing Receivable, Past Due [Line Items]
Non-accrual balance	0	0
Loans and leases	0	0
Nonperforming Loans and Leases \| Community Banking
Financing Receivable, Past Due [Line Items]
Non-accrual balance	2,470	44
Loans and leases	7,465	44
Nonperforming Loans and Leases \| Community Banking \| Commercial real estate and operating
Financing Receivable, Past Due [Line Items]
Non-accrual balance	580	0
Loans and leases	838	0
Nonperforming Loans and Leases \| Community Banking \| Consumer one-to-four family real estate and other
Financing Receivable, Past Due [Line Items]
Non-accrual balance	121	44
Loans and leases	121	44
Nonperforming Loans and Leases \| Community Banking \| Agricultural real estate and operating
Financing Receivable, Past Due [Line Items]
Non-accrual balance	1,769	0
Loans and leases	6,506	0
Nonperforming Loans and Leases \| Greater Than 90 Days
Financing Receivable, Past Due [Line Items]
Non-accrual balance	14,539	12,099
Nonperforming Loans and Leases \| Greater Than 90 Days \| Total loans and leases held for investment
Financing Receivable, Past Due [Line Items]
Non-accrual balance	14,539	11,135
Nonperforming Loans and Leases \| Greater Than 90 Days \| National Lending
Financing Receivable, Past Due [Line Items]
Non-accrual balance	9,544	11,135
Nonperforming Loans and Leases \| Greater Than 90 Days \| National Lending \| Loans held for sale
Financing Receivable, Past Due [Line Items]
Non-accrual balance	0	964
Nonperforming Loans and Leases \| Greater Than 90 Days \| National Lending \| Term lending
Financing Receivable, Past Due [Line Items]
Non-accrual balance	2,578	2,241
Nonperforming Loans and Leases \| Greater Than 90 Days \| National Lending \| Asset based lending
Financing Receivable, Past Due [Line Items]
Non-accrual balance	0	0
Nonperforming Loans and Leases \| Greater Than 90 Days \| National Lending \| Factoring
Financing Receivable, Past Due [Line Items]
Non-accrual balance	0	0
Nonperforming Loans and Leases \| Greater Than 90 Days \| National Lending \| Lease financing
Financing Receivable, Past Due [Line Items]
Non-accrual balance	1,907	1,530
Nonperforming Loans and Leases \| Greater Than 90 Days \| National Lending \| Insurance premium finance
Financing Receivable, Past Due [Line Items]
Non-accrual balance	3,723	3,807
Nonperforming Loans and Leases \| Greater Than 90 Days \| National Lending \| SBA/USDA
Financing Receivable, Past Due [Line Items]
Non-accrual balance	427	0
Nonperforming Loans and Leases \| Greater Than 90 Days \| National Lending \| Other commercial finance
Financing Receivable, Past Due [Line Items]
Non-accrual balance	0	0
Nonperforming Loans and Leases \| Greater Than 90 Days \| National Lending \| Commercial finance
Financing Receivable, Past Due [Line Items]
Non-accrual balance	8,635	7,578
Nonperforming Loans and Leases \| Greater Than 90 Days \| National Lending \| Consumer credit products
Financing Receivable, Past Due [Line Items]
Non-accrual balance	337	239
Nonperforming Loans and Leases \| Greater Than 90 Days \| National Lending \| Other consumer finance
Financing Receivable, Past Due [Line Items]
Non-accrual balance	572	1,078
Nonperforming Loans and Leases \| Greater Than 90 Days \| National Lending \| Consumer finance
Financing Receivable, Past Due [Line Items]
Non-accrual balance	909	1,317
Nonperforming Loans and Leases \| Greater Than 90 Days \| National Lending \| Tax services
Financing Receivable, Past Due [Line Items]
Non-accrual balance	0	2,240
Nonperforming Loans and Leases \| Greater Than 90 Days \| National Lending \| Warehouse finance
Financing Receivable, Past Due [Line Items]
Non-accrual balance	0	0
Nonperforming Loans and Leases \| Greater Than 90 Days \| Community Banking
Financing Receivable, Past Due [Line Items]
Non-accrual balance	4,995	0
Nonperforming Loans and Leases \| Greater Than 90 Days \| Community Banking \| Commercial real estate and operating
Financing Receivable, Past Due [Line Items]
Non-accrual balance	258	0
Nonperforming Loans and Leases \| Greater Than 90 Days \| Community Banking \| Consumer one-to-four family real estate and other
Financing Receivable, Past Due [Line Items]
Non-accrual balance	0	0
Nonperforming Loans and Leases \| Greater Than 90 Days \| Community Banking \| Agricultural real estate and operating
Financing Receivable, Past Due [Line Items]
Non-accrual balance	$ 4,737	$ 0

LOANS AND LEASES, NET - Impaired Loans (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Sep. 30, 2019
Loans and leases without a specific valuation allowance
Recorded Balance	$ 28,923		$ 28,923		$ 23,057
Unpaid Principal Balance	32,918		32,918		25,499
Loans and leases with a specific valuation allowance
Recorded investment	19,799		19,799		10,582
Unpaid principal balance	19,811		19,811		11,949
Specific Allowance	5,287		5,287		1,875
Average Recorded Investment	45,578	$ 19,788	41,427	$ 16,324
Recognized Interest Income	171	150	267	397
National Lending
Loans and leases without a specific valuation allowance
Recorded Balance	26,050		26,050		19,714
Unpaid Principal Balance	30,045		30,045		22,156
Loans and leases with a specific valuation allowance
Recorded investment	19,639		19,639		10,582
Unpaid principal balance	19,651		19,651		11,949
Specific Allowance	5,146		5,146		1,875
Average Recorded Investment	42,605	18,270	38,138	14,540
Recognized Interest Income	160	116	365	322
National Lending \| Term lending
Loans and leases without a specific valuation allowance
Recorded Balance	17,442		17,442		12,644
Unpaid Principal Balance	20,217		20,217		13,944
Loans and leases with a specific valuation allowance
Recorded investment	14,025		14,025		6,924
Unpaid principal balance	14,037		14,037		6,951
Specific Allowance	3,366		3,366		450
Average Recorded Investment	28,848	3,906	24,946	4,667
Recognized Interest Income	121	88	240	262
National Lending \| Asset based lending
Loans and leases without a specific valuation allowance
Recorded Balance	2,805		2,805		378
Unpaid Principal Balance	2,805		2,805		378
Loans and leases with a specific valuation allowance
Average Recorded Investment	935	2,777	571	1,267
Recognized Interest Income	0	0	0	0
National Lending \| Factoring
Loans and leases without a specific valuation allowance
Recorded Balance	1,282		1,282		1,563
Unpaid Principal Balance	2,357		2,357		2,638
Loans and leases with a specific valuation allowance
Recorded investment	883		883		2,261
Unpaid principal balance	883		883		3,601
Specific Allowance	189		189		1,262
Average Recorded Investment	4,715	6,621	4,387	4,178
Recognized Interest Income	0	0	0	5
National Lending \| Lease financing
Loans and leases without a specific valuation allowance
Recorded Balance	1,474		1,474		1,062
Unpaid Principal Balance	1,482		1,482		1,062
Loans and leases with a specific valuation allowance
Recorded investment	3,221		3,221		151
Unpaid principal balance	3,221		3,221		151
Specific Allowance	1,350		1,350		112
Average Recorded Investment	2,946	3,351	2,929	3,070
Recognized Interest Income	2	0	14	17
National Lending \| SBA/USDA
Loans and leases without a specific valuation allowance
Recorded Balance	870		870		2,595
Unpaid Principal Balance	870		870		2,595
Loans and leases with a specific valuation allowance
Recorded investment	1,510		1,510		1,246
Unpaid principal balance	1,510		1,510		1,246
Specific Allowance	241		241		51
Average Recorded Investment	3,162	425	3,530	142
Recognized Interest Income	0	0	0	0
National Lending \| Commercial finance
Loans and leases without a specific valuation allowance
Recorded Balance	23,873		23,873		18,242
Unpaid Principal Balance	27,731		27,731		20,617
Loans and leases with a specific valuation allowance
Recorded investment	19,639		19,639		10,582
Unpaid principal balance	19,651		19,651		11,949
Specific Allowance	5,146		5,146		1,875
Average Recorded Investment	40,606	17,080	36,363	13,325
Recognized Interest Income	123	88	254	284
National Lending \| Other consumer finance
Loans and leases without a specific valuation allowance
Recorded Balance	2,177		2,177		1,472
Unpaid Principal Balance	2,314		2,314		1,539
Loans and leases with a specific valuation allowance
Average Recorded Investment	1,999	1,190	1,775	1,215
Recognized Interest Income	37	28	111	38
National Lending \| Consumer finance
Loans and leases without a specific valuation allowance
Recorded Balance	2,177		2,177		1,472
Unpaid Principal Balance	2,314		2,314		1,539
Loans and leases with a specific valuation allowance
Average Recorded Investment	1,999	1,190	1,775	1,215
Recognized Interest Income	37	28	111	38
Community Banking
Loans and leases without a specific valuation allowance
Recorded Balance	2,873		2,873		3,343
Unpaid Principal Balance	2,873		2,873		3,343
Loans and leases with a specific valuation allowance
Recorded investment	160		160
Unpaid principal balance	160		160
Specific Allowance	141		141
Average Recorded Investment	2,973	1,518	3,289	1,784
Recognized Interest Income	11	34	(98)	75
Community Banking \| Commercial real estate and operating
Loans and leases without a specific valuation allowance
Recorded Balance	259		259		258
Unpaid Principal Balance	259		259		258
Loans and leases with a specific valuation allowance
Recorded investment	160		160
Unpaid principal balance	160		160
Specific Allowance	141		141
Average Recorded Investment	405	106	511	259
Recognized Interest Income	1	5	27	9
Community Banking \| Consumer one-to-four family real estate and other
Loans and leases without a specific valuation allowance
Recorded Balance	177		177		100
Unpaid Principal Balance	177		177		100
Loans and leases with a specific valuation allowance
Average Recorded Investment	131	186	101	154
Recognized Interest Income	0	1	9	3
Community Banking \| Agricultural real estate and operating
Loans and leases without a specific valuation allowance
Recorded Balance	2,437		2,437		2,985
Unpaid Principal Balance	2,437		2,437		$ 2,985
Loans and leases with a specific valuation allowance
Average Recorded Investment	2,437	1,226	2,677	1,371
Recognized Interest Income	$ 10	$ 28	$ (134)	$ 63

LOANS AND LEASES, NET - Additional Information (Details)	3 Months Ended		9 Months Ended
	Jun. 30, 2020 USD ($) loan	Jun. 30, 2019 USD ($)	Jun. 30, 2020 USD ($) loan	Jun. 30, 2019 USD ($)	Sep. 30, 2019 USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases to held for sale			$ 325,092,000	$ 39,452,000
Originated loans held for sale			63,396,000	104,121,000
Proceeds from sale of loans held-for-sale			440,500,000	95,700,000
Gain (loss) on sale of loans and leases			7,000,000.0	3,700,000
Carrying amount of direct financing and sales-type leases subject to residual value guarantees	$ 9,000,000.0		9,000,000.0
Provision for loan and lease losses	15,093,000	$ 9,112,000	55,796,000	51,529,000
Loans and leases, including fees	59,911,000	69,732,000	$ 199,107,000	203,900,000
Percentage of specific allowance for losses			100.00%
Special mention commercial finance loans and leases rated as watch	117,000,000.0		$ 117,000,000.0		$ 0
Loans and leases receivable	3,502,646,000		3,502,646,000		3,658,847,000
Loans and leases	$ 3,502,646,000		$ 3,502,646,000		3,658,847,000
Asset based lending, recent of loans backed by accounts receivable	50.00%		50.00%
Asset based factoring lending, percent of loans backed by accounts receivable	80.00%		80.00%
Proceeds from sales			$ 168,814,000	95,663,000
Foreclosed real estate and repossessed assets	$ 6,784,000		6,784,000		29,494,000
TDR valuation allowance	500,000		500,000		100,000
COVID-19 Pandemic
Accounts, Notes, Loans and Financing Receivable [Line Items]
Provision for loan and lease losses	$ 9,400,000		$ 25,200,000
Trial modifications, threshold of past due days prior to onset of pandemic effects			30 days
Short-term payment deferral modifications			$ 352,100,000
Paycheck Protection Program, number of loan applications processed \| loan	686		686
Paycheck Protection Program, loans processed, amount	$ 215,500,000		$ 215,500,000
Consumer finance portfolio segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases	241,600,000		241,600,000		268,200,000
Tax services loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases	19,200,000		$ 19,200,000		2,200,000
Term lending \| Product Concentration Risk \| Solar and Alternative Energy
Accounts, Notes, Loans and Financing Receivable [Line Items]
Concentration risk, percentage			20.00%
Term lending \| Product Concentration Risk \| Equipment Finance Agreements and Installment Purchase Agreements
Accounts, Notes, Loans and Financing Receivable [Line Items]
Concentration risk, percentage			41.00%
Loans and leases	299,100,000		$ 299,100,000
Term lending \| Product Concentration Risk \| Variety of Investment Advisory Loans and Other More Traditional Term Equipment and General Purpose Commercial Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Concentration risk, percentage			39.00%
Watch and special mention loans and leases
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases	$ 179,800,000		$ 179,800,000		$ 145,000,000.0
National Lending
Accounts, Notes, Loans and Financing Receivable [Line Items]
Factoring, accounts receivable, advance rate	85.00%		85.00%
Financing lease, term (no greater than)	84 months		84 months
Proceeds from sales	$ 8,524,000	57,661,000	$ 168,814,000	92,565,000
TDRs recorded investment	$ 1,400,000	100,000	5,500,000	1,700,000
TDRs subsequent default, recorded investment			$ 1,300,000	0
National Lending \| Asset based lending
Accounts, Notes, Loans and Financing Receivable [Line Items]
Asset based lending, accounts receivable advance rate	85.00%		85.00%
National Lending \| SBA/USDA
Accounts, Notes, Loans and Financing Receivable [Line Items]
Originated loans held for sale			$ 63,400,000
National Lending \| Consumer credit products
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases to held for sale				39,500,000
Originated loans held for sale				104,100,000
Community Banking
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases to held for sale			$ 325,100,000
Mortgage loan, loan-to-value ratio, appraised value			80.00%
Maturity period of loans receivable			1 year
Proceeds from sales	$ 0	0	$ 271,681,000	0
TDRs recorded investment	0	$ 700,000	600,000	700,000
TDRs subsequent default, recorded investment			3,300,000	$ 900,000
Community Banking \| Multifamily real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases	138,700,000		$ 138,700,000
Community Banking \| Multifamily real estate \| Product Concentration Risk
Accounts, Notes, Loans and Financing Receivable [Line Items]
Mortgage loan, loan-to-value ratio, appraised value			69.00%
Community Banking \| Multifamily real estate \| Product Concentration Risk \| South Dakota and Iowa
Accounts, Notes, Loans and Financing Receivable [Line Items]
Concentration risk, percentage			94.00%
Community Banking \| Hospitality
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases	169,000,000.0		$ 169,000,000.0
Community Banking \| Hospitality \| Product Concentration Risk
Accounts, Notes, Loans and Financing Receivable [Line Items]
Concentration risk, percentage			98.00%
Mortgage loan, loan-to-value ratio, appraised value			60.00%
Community Banking \| Hospitality \| Product Concentration Risk \| South Dakota and Iowa
Accounts, Notes, Loans and Financing Receivable [Line Items]
Concentration risk, percentage			28.00%
Community Banking \| Consumer one-to-four family real estate and other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Debt instrument, term			30 years
Mortgage loan, loan-to-value ratio, appraised value			100.00%
Mortgage loan, loan-to-value ratio, actual majority of loans (below)			80.00%
Community Banking \| Consumer one-to-four family real estate and other \| Product Concentration Risk \| South Dakota and Iowa
Accounts, Notes, Loans and Financing Receivable [Line Items]
Concentration risk, percentage			93.00%
Community Banking \| Home Equity Loan
Accounts, Notes, Loans and Financing Receivable [Line Items]
Debt instrument, term			5 years
Loans and leases	4,000,000.0		$ 4,000,000.0
Mortgage loan, loan-to-value ratio, appraised value			90.00%
Community Banking \| Home Equity Loan \| Product Concentration Risk \| South Dakota and Iowa
Accounts, Notes, Loans and Financing Receivable [Line Items]
Concentration risk, percentage			99.00%
Community Banking \| Agricultural operating loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Debt instrument, term			1 year
Community Banking \| Agricultural operating loans \| Product Concentration Risk
Accounts, Notes, Loans and Financing Receivable [Line Items]
Concentration risk, percentage			70.00%
Community Banking \| Agricultural real estate loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Mortgage loan, loan-to-value ratio, appraised value			75.00%
Community Banking \| Agricultural real estate loans \| Product Concentration Risk
Accounts, Notes, Loans and Financing Receivable [Line Items]
Concentration risk, percentage			30.00%
Community Banking \| Agricultural real estate and operating \| Product Concentration Risk \| South Dakota and Iowa
Accounts, Notes, Loans and Financing Receivable [Line Items]
Concentration risk, percentage			91.00%
SBA/USDA \| National Lending
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases	$ 48,400,000		$ 48,400,000
Financing receivable, number of loans \| loan	145		145
Minimum \| COVID-19 Pandemic
Accounts, Notes, Loans and Financing Receivable [Line Items]
Trial modifications, payment deferral period			30 days
Minimum \| National Lending \| Term lending
Accounts, Notes, Loans and Financing Receivable [Line Items]
Debt instrument, term			3 years
Minimum \| National Lending \| Asset based lending
Accounts, Notes, Loans and Financing Receivable [Line Items]
Debt instrument, term			1 year
Asset based lending, inventory advance rate	40.00%		40.00%
Minimum \| National Lending \| Insurance premium finance
Accounts, Notes, Loans and Financing Receivable [Line Items]
Debt instrument, term			9 months
Policyholder down payment, percent	20.00%		20.00%
Insurance premium finance, portfolio finances provided by investment grade-rated insurance company partners	99.00%		99.00%
Minimum \| National Lending \| Consumer credit products \| Installment Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Debt instrument, term			12 months
Minimum \| National Lending \| Consumer credit products \| Line of Credit
Accounts, Notes, Loans and Financing Receivable [Line Items]
Debt instrument, term			6 months
Minimum \| Community Banking \| Agricultural real estate loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Debt instrument, term			20 years
Agricultural term of fixed rate loans			5 years
Maximum \| COVID-19 Pandemic
Accounts, Notes, Loans and Financing Receivable [Line Items]
Trial modifications, payment deferral period			6 months
Maximum \| National Lending \| Term lending
Accounts, Notes, Loans and Financing Receivable [Line Items]
Debt instrument, term			25 years
Debt instrument, weighted average life			53 months
Maximum \| National Lending \| Asset based lending
Accounts, Notes, Loans and Financing Receivable [Line Items]
Debt instrument, term			3 years
Asset based lending, inventory advance rate	50.00%		50.00%
Maximum \| National Lending \| Insurance premium finance
Accounts, Notes, Loans and Financing Receivable [Line Items]
Debt instrument, term			10 months
Policyholder down payment, percent	25.00%		25.00%
Maximum \| National Lending \| Consumer credit products \| Installment Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Debt instrument, term			84 months
Maximum \| National Lending \| Consumer credit products \| Line of Credit
Accounts, Notes, Loans and Financing Receivable [Line Items]
Debt instrument, term			60 months
Maximum \| Community Banking
Accounts, Notes, Loans and Financing Receivable [Line Items]
Debt instrument, term			20 years
Maximum \| Community Banking \| Agricultural real estate loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Debt instrument, term			25 years
Agricultural term of fixed rate loans			10 years

LOANS AND LEASES, NET - Troubled Debt Restructured Loans (Details) - USD ($)	3 Months Ended		9 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
National Lending
Financing Receivable, Troubled Debt Restructuring [Line Items]
TDRs recorded investment	$ 1,400,000	$ 100,000	$ 5,500,000	$ 1,700,000
TDRs subsequent default, recorded investment			1,300,000	0
Community Banking
Financing Receivable, Troubled Debt Restructuring [Line Items]
TDRs recorded investment	$ 0	$ 700,000	600,000	700,000
TDRs subsequent default, recorded investment			$ 3,300,000	$ 900,000

EARNINGS PER COMMON SHARE (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Earnings Per Common Share, Basic and Diluted [Abstract]
Net income attributable to Meta Financial Group, Inc.	$ 18,190	$ 29,291	$ 91,562	$ 76,809
Weighted average common shares outstanding (in shares)	34,616,038	38,903,266	36,004,877	39,220,793
Basic income per common share (in dollars per share)	$ 0.53	$ 0.75	$ 2.54	$ 1.96
Outstanding options - based upon the two-class method (in shares)	7,076	74,424	11,160	68,218
Weighted average dilutive common shares outstanding (in shares)	34,623,114	38,977,690	36,016,037	39,289,011
Diluted income per common share (in dollars per share)	$ 0.53	$ 0.75	$ 2.54	$ 1.95

- Definition

The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22583-107794

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 11
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22694-107794

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=121326447&loc=d3e1448-109256

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22595-107794

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 11
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22694-107794

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=121326447&loc=d3e1337-109256

Reference 7: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 55
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-URI http://asc.fasb.org/extlink&oid=120380238&loc=d3e4984-109258

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(23))
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Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
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-Paragraph 15
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Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
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-Paragraph 7
-Subparagraph (a)
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Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
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-SubTopic 10
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Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(25))
-URI http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=121326447&loc=d3e1252-109256

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
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-Paragraph 60B
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-URI http://asc.fasb.org/extlink&oid=121326447&loc=SL5780133-109256

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
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-SubTopic 220
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-Subparagraph (SX 210.9-04(27))
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+ Details

- Definition

The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.

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+ Details

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

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+ Details

RENTAL EQUIPMENT, NET - Schedule of Rental Equipment (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Sep. 30, 2019
Property, Plant and Equipment [Line Items]
Total	$ 274,000	$ 254,881
Accumulated depreciation	(59,576)	(46,344)
Unamortized initial direct costs	1,912	0
Net book value	216,336	208,537
Computers and IT networking equipment
Property, Plant and Equipment [Line Items]
Total	29,846	37,352
Motor vehicles and other
Property, Plant and Equipment [Line Items]
Total	122,995	98,149
Office furniture and equipment
Property, Plant and Equipment [Line Items]
Total	2,576	2,875
Solar panels and equipment
Property, Plant and Equipment [Line Items]
Total	$ 118,583	$ 116,505

RENTAL EQUIPMENT, NET - Schedule of Operating Leases, Future Minimum Payments (Details) $ in Thousands	Jun. 30, 2020 USD ($)
Property, Plant and Equipment [Abstract]
Remaining in 2020	$ 9,345
2021	32,668
2022	26,109
2023	21,461
2024	15,601
Thereafter	27,915
Total undiscounted future minimum lease payments receivable for operating leases	$ 133,099

FORECLOSURED REAL ESTATE AND REPOSSESSED ASSETS - Foreclosed and Repossessed Assets (Details) - Foreclosed Property - USD ($) $ in Thousands	9 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Other Real Estate [Roll Forward]
Balance, beginning of period	$ 29,494	$ 31,638
Additions	5,983	105
Write-downs	568	339
Purchase price	23,086	1,905
Gain (loss) on sale	(5,039)	15
Total reductions	28,693	2,229
Balance, ending of period	$ 6,784	$ 29,514

FORECLOSURED REAL ESTATE AND REPOSSESSED ASSETS - Other Real Estate Owned (Details) - USD ($)	9 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Sep. 30, 2019	Sep. 30, 2018
Real Estate [Line Items]
TDR valuation allowance	$ 500,000		$ 100,000
Community Banking
Real Estate [Line Items]
Loans in process of foreclosure, amount			0
Agriculture Real Estate Customer \| Agricultural real estate and operating
Real Estate [Line Items]
Other real estate sold in the period	28,100,000
Purchase price	23,083,000
Carrying value of OREO	28,122,000
Loss on sale	(5,039,000)
Deferred income recognized	1,096,000
Net impact	(3,943,000)
OREO expenses	200,000
Foreclosed Property
Real Estate [Line Items]
Purchase price	23,086,000	$ 1,905,000
Carrying value of OREO	6,784,000	29,514,000	$ 29,494,000	$ 31,638,000
Loss on sale	5,039,000	$ (15,000)
Foreclosed Property \| Agricultural real estate and operating
Real Estate [Line Items]
Loss on sale	(5,000,000.0)
Foreclosed Property \| Agricultural real estate and operating \| Community Banking
Real Estate [Line Items]
Deferred income recognized	$ 1,100,000

GOODWILL AND INTANGIBLE ASSETS - Schedule of Goodwill (Details) - USD ($)	9 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Goodwill [Roll Forward]
Beginning balance	$ 309,505,000	$ 303,270,000
Acquisitions	0	0
Measurement Period Adjustment		4,671,000
Impairment	0	0
Ending balance	309,505,000	307,941,000
Goodwill, accumulated impairment	0
Consumer
Goodwill [Roll Forward]
Beginning balance	87,145,000	87,145,000
Acquisitions	0	0
Measurement Period Adjustment		0
Impairment	0	0
Ending balance	87,145,000	87,145,000
Commercial
Goodwill [Roll Forward]
Beginning balance	222,360,000	216,125,000
Acquisitions	0	0
Measurement Period Adjustment		4,671,000
Impairment	0	0
Ending balance	222,360,000	220,796,000
Corporate Services/Other
Goodwill [Roll Forward]
Beginning balance	0	0
Acquisitions	0	0
Measurement Period Adjustment		0
Impairment	0	0
Ending balance	$ 0	$ 0

GOODWILL AND INTANGIBLE ASSETS - Schedule of Intangible Asses (Details) - USD ($)	3 Months Ended		9 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Finite-lived Intangible Assets [Roll Forward]
Beginning Balance			$ 52,810,000	$ 70,719,000
Acquisitions during the period			35,000	100,000
Amortization during the period			(8,714,000)	(14,352,000)
Write-offs during the period			(157,000)	(314,000)
Ending Balance	$ 43,974,000	$ 56,153,000	43,974,000	56,153,000
Gross carrying amount					$ 109,304,000	$ 109,880,000
Accumulated amortization					(54,892,000)	(42,820,000)
Accumulated impairment					(10,438,000)	(10,907,000)
Total anticipated intangible amortization	43,974,000	56,153,000	43,974,000	56,153,000	43,974,000	56,153,000
Asset impairment charges	0	0	0	100,000
Trademarks [Member]
Finite-lived Intangible Assets [Roll Forward]
Beginning Balance			11,959,000	12,987,000
Acquisitions during the period			0	0
Amortization during the period			(793,000)	(771,000)
Write-offs during the period			0	0
Ending Balance	11,166,000	12,216,000	11,166,000	12,216,000
Gross carrying amount					14,624,000	14,624,000
Accumulated amortization					(3,458,000)	(2,408,000)
Accumulated impairment					0	0
Total anticipated intangible amortization	11,166,000	12,216,000	$ 11,166,000	12,216,000	11,166,000	12,216,000
Trademarks [Member] \| Maximum
Finite-lived Intangible Assets [Roll Forward]
Useful life (in years)			15 years
Trademarks [Member] \| Minimum
Finite-lived Intangible Assets [Roll Forward]
Useful life (in years)			5 years
Noncompete Agreements [Member]
Finite-lived Intangible Assets [Roll Forward]
Beginning Balance			$ 827,000	1,297,000
Acquisitions during the period			0	0
Amortization during the period			(310,000)	(353,000)
Write-offs during the period			0	0
Ending Balance	517,000	944,000	517,000	944,000
Gross carrying amount					2,480,000	2,480,000
Accumulated amortization					(1,963,000)	(1,536,000)
Accumulated impairment					0	0
Total anticipated intangible amortization	517,000	944,000	$ 517,000	944,000	517,000	944,000
Noncompete Agreements [Member] \| Maximum
Finite-lived Intangible Assets [Roll Forward]
Useful life (in years)			5 years
Noncompete Agreements [Member] \| Minimum
Finite-lived Intangible Assets [Roll Forward]
Useful life (in years)			3 years
Customer Relationships [Member]
Finite-lived Intangible Assets [Roll Forward]
Beginning Balance			$ 33,207,000	48,455,000
Acquisitions during the period			0	0
Amortization during the period			(7,112,000)	(12,504,000)
Write-offs during the period			0	0
Ending Balance	26,095,000	35,951,000	26,095,000	35,951,000
Gross carrying amount					82,088,000	82,088,000
Accumulated amortization					(45,745,000)	(35,889,000)
Accumulated impairment					(10,248,000)	(10,248,000)
Total anticipated intangible amortization	26,095,000	35,951,000	$ 26,095,000	35,951,000	26,095,000	35,951,000
Customer Relationships [Member] \| Maximum
Finite-lived Intangible Assets [Roll Forward]
Useful life (in years)			30 years
Customer Relationships [Member] \| Minimum
Finite-lived Intangible Assets [Roll Forward]
Useful life (in years)			10 years
Other Intangible Assets [Member]
Finite-lived Intangible Assets [Roll Forward]
Beginning Balance			$ 6,817,000	7,980,000
Acquisitions during the period			35,000	100,000
Amortization during the period			(499,000)	(724,000)
Write-offs during the period			(157,000)	(314,000)
Ending Balance	6,196,000	7,042,000	6,196,000	7,042,000
Gross carrying amount					10,112,000	10,688,000
Accumulated amortization					(3,726,000)	(2,987,000)
Accumulated impairment					(190,000)	(659,000)
Total anticipated intangible amortization	$ 6,196,000	$ 7,042,000	$ 6,196,000	$ 7,042,000	$ 6,196,000	$ 7,042,000
Other Intangible Assets [Member] \| Maximum
Finite-lived Intangible Assets [Roll Forward]
Useful life (in years)			20 years
Other Intangible Assets [Member] \| Minimum
Finite-lived Intangible Assets [Roll Forward]
Useful life (in years)			3 years

GOODWILL AND INTANGIBLE ASSETS - Schedule of Future Amortization (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Sep. 30, 2019	Jun. 30, 2019	Sep. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Remaining in 2020	$ 2,283
2021	8,545
2022	6,419
2023	5,101
2024	4,383
2025	3,826
Thereafter	13,417
Total anticipated intangible amortization	$ 43,974	$ 52,810	$ 56,153	$ 70,719

OPERATING LEASE RIGHT OF USE ASSETS AND LIABILITIES - Narrative (Details) $ in Thousands	Jun. 30, 2020 USD ($)
Leases [Abstract]
Operating lease, right-of-use asset	$ 26,500
Operating lease, liability	$ 27,959

OPERATING LEASE RIGHT OF USE ASSETS AND LIABILITIES - Lease Maturity (Details) $ in Thousands	Jun. 30, 2020 USD ($)
Leases [Abstract]
Remaining in 2020	$ 958
2021	3,742
2022	3,479
2023	2,799
2024	2,808
Thereafter	18,520
Total undiscounted future minimum lease payments	32,306
Discount	(4,347)
Total operating lease liabilities	$ 27,959

OPERATING LEASE RIGHT OF USE ASSETS AND LIABILITIES - Lease Cost (Details) $ in Thousands	9 Months Ended
	Jun. 30, 2020 USD ($)
Leases [Abstract]
Weighted-average discount rate	2.35%
Weighted-average remaining lease term (in years)	11 years 6 months 3 days
Lease expense	$ 2,533
Short-term and variable lease cost	452
Sublease income	(552)
Total lease cost for operating leases	$ 2,433

STOCKHOLDERS' EQUITY (Details) - USD ($) $ / shares in Units, $ in Millions		3 Months Ended	9 Months Ended
	Jun. 25, 2019	Jun. 30, 2020	Jun. 30, 2020	Jun. 30, 2019	Nov. 20, 2019
Equity [Abstract]
Treasury stock shares acquired (in shares)			3,498,394
Average cost per share (in dollars per share)			$ 34.34
Common stock, shares authorized (in shares)					7,500,000
Stock repurchased during the period (in shares)		0	89,613	90,264
Stock repurchased during the period, value			$ 3.0	$ 3.0
Retired common stock held in treasury (in shares)	114,558		0

STOCK COMPENSATION (Details) - USD ($) $ / shares in Units, $ in Thousands	9 Months Ended	12 Months Ended
	Jun. 30, 2020	Sep. 30, 2019
Number of Shares
Options outstanding, beginning of period (in shares)	59,835
Granted (in shares)	0
Exercised (in shares)	(41,949)
Forfeited or expired (in shares)	0
Options outstanding, end of period (in shares)	17,886	59,835
Options exercisable, end of period (in shares)	17,886
Weighted Average Exercise Price
Options outstanding, beginning of period (in dollars per share)	$ 8.06
Granted (in dollars per share)	0
Exercised (in dollars per share)	6.98
Forfeited or expired (in dollars per share)	0
Options outstanding, end of period (in dollars per share)	10.60	$ 8.06
Options exercisable, end of period (in dollars per share)	$ 10.60
Weighted Average Remaining Contractual Term
Options outstanding (in years)	3 months	1 year 6 months 14 days
Exercised (in years)	1 year 3 days
Options exercisable term (in years)	3 months
Aggregate Intrinsic Value
Options outstanding, beginning of period	$ 1,469
Granted	0
Exercised	866
Forfeited or expired	0
Options outstanding, end of period	135	$ 1,469
Options exercisable, end of period	$ 135
Number of Shares
Nonvested shares outstanding, beginning of period (in shares)	926,122
Granted (in shares)	191,372
Vested (in shares)	(276,193)
Forfeited or expired (in shares)	(9,584)
Nonvested shares outstanding, end of period (in shares)	831,717	926,122
Weighted Average Fair Value at Grant
Nonvested shares outstanding, beginning of period (in dollars per share)	$ 29.54
Granted (in dollars per share)	32.32
Vested (in dollars per share)	30.04
Forfeited or expired (in dollars per share)	31.48
Nonvested shares outstanding, end of period (in dollars per share)	$ 29.99	$ 29.54
Stock based compensation expense not yet recognized in income	$ 9,400
Weighted average remaining period for unrecognized stock based compensation (in years)	2 years 5 months 15 days

INCOME TAXES - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
INCOME TAXES - Narrative (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Income Tax Disclosure [Abstract]
Income tax expense (benefit)	$ (2,426)	$ (1,158)	$ 3,870	$ (3,244)
Effective tax rate			3.91%	(4.20%)

- Definition

Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.

+ References + Details

INCOME TAXES - Schedule of Effective Income Tax Rate Reconciliation (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Income Tax Disclosure [Abstract]
Provision at statutory rate			$ 20,041	$ 15,449
Tax-exempt income			(936)	(2,360)
State income taxes			4,475	3,243
Interim period effective rate adjustment			(8,850)	1,397
Tax credit investments, net - federal			(9,863)	(22,484)
Research tax credit			(1,709)	0
IRC 162(m) nondeductible compensation			1,250	1,612
Other, net			(538)	(101)
Income tax expense (benefit)	$ (2,426)	$ (1,158)	$ 3,870	$ (3,244)
Effective tax rate			3.91%	(4.20%)

COMMITMENTS AND CONTINGENCIES (Details)	Feb. 09, 2018 USD ($)	Jun. 30, 2020 USD ($) commitment	Sep. 30, 2019 USD ($) commitment	Dec. 24, 2018 USD ($)	Oct. 14, 2016 USD ($)
Loss Contingencies [Line Items]
Unfunded loan commitments		$ 1,120,000,000	$ 978,100,000
Number of investment commitments \| commitment		0	0
Securities, buy (sell) obligations		$ 0	$ 0
Off-balance sheet credit exposures		$ 100,000	$ 100,000
Card Limited, LLC v. MetaBank dba Meta Payment Systems
Loss Contingencies [Line Items]
Estimate of possible loss					$ 4,000,000.0
AFS/IBEX, A Division of MetaBank V. Aegis Managing Agency Limited
Loss Contingencies [Line Items]
Damages sought amount	$ 1,600,000
Ohio Valley Bank Company V. Metabank dba Refund Advantage, Case No. 18 CV 134
Loss Contingencies [Line Items]
Estimate of possible loss				$ 3,000,000.0

REVENUE FROM CONTRACTS WITH CUSTOMERS - Narrative (Details) - USD ($)	Jun. 30, 2020	Sep. 30, 2019
Refund transfer product fees
Disaggregation of Revenue [Line Items]
Accounts receivable, before allowance for credit loss, current	$ 0	$ 0

REVENUE FROM CONTRACTS WITH CUSTOMERS - Schedule of Revenue by Segment (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Disaggregation of Revenue [Line Items]
Net interest income	$ 62,137	$ 66,968	$ 194,525	$ 198,590
Noninterest income	41,048	43,790	199,044	186,565
Revenue	103,185	110,758	393,569	385,155
Refund transfer product fees
Disaggregation of Revenue [Line Items]
Noninterest income	4,595	6,697	33,726	38,559
Tax advance product fees
Disaggregation of Revenue [Line Items]
Noninterest income	28	34	31,840	34,757
Payment card and deposit fees
Disaggregation of Revenue [Line Items]
Noninterest income	21,302	21,377	65,957	66,855
Other bank and deposit fees
Disaggregation of Revenue [Line Items]
Noninterest income	214	495	1,083	1,449
Rental income
Disaggregation of Revenue [Line Items]
Noninterest income	11,231	9,386	34,682	30,167
Gain on sale of securities available-for-sale, net
Disaggregation of Revenue [Line Items]
Noninterest income	0	440	0	649
Gain on divestitures
Disaggregation of Revenue [Line Items]
Noninterest income			19,275	0
Gain on sale of other
Disaggregation of Revenue [Line Items]
Noninterest income	1,214	2,620	969	6,117
Other income
Disaggregation of Revenue [Line Items]
Noninterest income	2,464	2,741	11,512	8,012
Consumer
Disaggregation of Revenue [Line Items]
Net interest income	29,507	22,981	69,684	56,484
Noninterest income	26,254	28,572	134,227	141,220
Revenue	55,761	51,553	203,911	197,704
Consumer \| Refund transfer product fees
Disaggregation of Revenue [Line Items]
Noninterest income	4,595	6,697	33,726	38,559
Consumer \| Tax advance product fees
Disaggregation of Revenue [Line Items]
Noninterest income	28	34	31,840	34,757
Consumer \| Payment card and deposit fees
Disaggregation of Revenue [Line Items]
Noninterest income	21,302	21,377	65,957	66,855
Consumer \| Other bank and deposit fees
Disaggregation of Revenue [Line Items]
Noninterest income	0	0	0	0
Consumer \| Rental income
Disaggregation of Revenue [Line Items]
Noninterest income	5	5	14	5
Consumer \| Gain on sale of securities available-for-sale, net
Disaggregation of Revenue [Line Items]
Noninterest income	0	0	0	0
Consumer \| Gain on divestitures
Disaggregation of Revenue [Line Items]
Noninterest income			0	0
Consumer \| Gain on sale of other
Disaggregation of Revenue [Line Items]
Noninterest income	0	115	(19)	173
Consumer \| Other income
Disaggregation of Revenue [Line Items]
Noninterest income	324	344	2,709	871
Commercial
Disaggregation of Revenue [Line Items]
Net interest income	36,104	39,688	112,866	113,604
Noninterest income	13,920	12,819	44,422	40,406
Revenue	50,024	52,507	157,288	154,010
Commercial \| Refund transfer product fees
Disaggregation of Revenue [Line Items]
Noninterest income	0	0	0	0
Commercial \| Tax advance product fees
Disaggregation of Revenue [Line Items]
Noninterest income	0	0	0	0
Commercial \| Payment card and deposit fees
Disaggregation of Revenue [Line Items]
Noninterest income	0	0	0	0
Commercial \| Other bank and deposit fees
Disaggregation of Revenue [Line Items]
Noninterest income	213	296	759	872
Commercial \| Rental income
Disaggregation of Revenue [Line Items]
Noninterest income	11,226	9,091	33,354	29,871
Commercial \| Gain on sale of securities available-for-sale, net
Disaggregation of Revenue [Line Items]
Noninterest income	0	0	0	0
Commercial \| Gain on divestitures
Disaggregation of Revenue [Line Items]
Noninterest income			0	0
Commercial \| Gain on sale of other
Disaggregation of Revenue [Line Items]
Noninterest income	1,214	2,498	6,131	5,874
Commercial \| Other income
Disaggregation of Revenue [Line Items]
Noninterest income	1,267	934	4,178	3,789
Corporate Services/Other
Disaggregation of Revenue [Line Items]
Net interest income	(3,474)	4,299	11,975	28,502
Noninterest income	874	2,399	20,395	4,939
Revenue	(2,600)	6,698	32,370	33,441
Corporate Services/Other \| Refund transfer product fees
Disaggregation of Revenue [Line Items]
Noninterest income	0	0	0	0
Corporate Services/Other \| Tax advance product fees
Disaggregation of Revenue [Line Items]
Noninterest income	0	0	0	0
Corporate Services/Other \| Payment card and deposit fees
Disaggregation of Revenue [Line Items]
Noninterest income	0	0	0	0
Corporate Services/Other \| Other bank and deposit fees
Disaggregation of Revenue [Line Items]
Noninterest income	1	199	324	577
Corporate Services/Other \| Rental income
Disaggregation of Revenue [Line Items]
Noninterest income	0	290	1,314	291
Corporate Services/Other \| Gain on sale of securities available-for-sale, net
Disaggregation of Revenue [Line Items]
Noninterest income	0	440	0	649
Corporate Services/Other \| Gain on divestitures
Disaggregation of Revenue [Line Items]
Noninterest income			19,275	0
Corporate Services/Other \| Gain on sale of other
Disaggregation of Revenue [Line Items]
Noninterest income	0	7	(5,143)	70
Corporate Services/Other \| Other income
Disaggregation of Revenue [Line Items]
Noninterest income	$ 873	$ 1,463	$ 4,625	$ 3,352

SEGMENT REPORTING (Details) $ in Thousands	3 Months Ended		9 Months Ended
SEGMENT REPORTING (Details) $ in Thousands	Jun. 30, 2020 USD ($)	Jun. 30, 2019 USD ($)	Jun. 30, 2020 USD ($) segment	Jun. 30, 2019 USD ($)	Sep. 30, 2019 USD ($)	Sep. 30, 2018 USD ($)
Segment Reporting Information [Line Items]
Number of reportable segments \| segment			3
Segment data [Abstract]
Net interest income	$ 62,137	$ 66,968	$ 194,525	$ 198,590
Provision for loan and lease losses	15,093	9,112	55,796	51,529
Noninterest income	41,048	43,790	199,044	186,565
Noninterest expense	71,241	72,468	238,768	257,016
Income (loss) before income tax expense (benefit)	16,851	29,178	99,005	76,610
Total assets	8,779,026	6,101,072	8,779,026	6,101,072	$ 6,182,890
Total goodwill	309,505	307,941	309,505	307,941	309,505	$ 303,270
Total deposits	7,590,325	4,775,214	7,590,325	4,775,214
Consumer
Segment data [Abstract]
Net interest income	29,507	22,981	69,684	56,484
Provision for loan and lease losses	(267)	1,121	20,348	25,739
Noninterest income	26,254	28,572	134,227	141,220
Noninterest expense	15,249	14,730	62,567	62,834
Income (loss) before income tax expense (benefit)	40,779	35,702	120,996	109,131
Total assets	650,814	663,579	650,814	663,579
Total goodwill	87,145	87,145	87,145	87,145	87,145	87,145
Total deposits	6,767,516	2,811,582	6,767,516	2,811,582
Commercial
Segment data [Abstract]
Net interest income	36,104	39,688	112,866	113,604
Provision for loan and lease losses	7,946	6,501	23,641	17,441
Noninterest income	13,920	12,819	44,422	40,406
Noninterest expense	26,729	28,564	80,815	95,567
Income (loss) before income tax expense (benefit)	15,349	17,442	52,832	41,002
Total assets	2,690,719	2,320,589	2,690,719	2,320,589
Total goodwill	222,360	220,796	222,360	220,796	222,360	216,125
Total deposits	9,243	5,988	9,243	5,988
Corporate Services/Other
Segment data [Abstract]
Net interest income	(3,474)	4,299	11,975	28,502
Provision for loan and lease losses	7,414	1,490	11,807	8,349
Noninterest income	874	2,399	20,395	4,939
Noninterest expense	29,263	29,174	95,386	98,615
Income (loss) before income tax expense (benefit)	(39,277)	(23,966)	(74,823)	(73,523)
Total assets	5,437,493	3,116,904	5,437,493	3,116,904
Total goodwill	0	0	0	0	$ 0	$ 0
Total deposits	$ 813,566	$ 1,957,644	$ 813,566	$ 1,957,644

FAIR VALUE OF FINANCIAL INSTRUMENTS - Assets Measured at Fair Value on Recurring and Non-recurring Basis (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Sep. 30, 2019
Available-for-sale debt securities [Abstract]
Mortgage-backed securities	$ 338,250	$ 382,546
Fair Value	1,163,829	1,272,493
Level 1
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	0	0
Available-for-sale debt securities [Abstract]
Fair Value	0	0
Common equities and mutual funds	3,012	2,606
Level 2
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	0	0
Available-for-sale debt securities [Abstract]
Fair Value	1,163,829	1,272,493
Common equities and mutual funds	0	0
Level 3
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	3,488,875	3,622,597
Available-for-sale debt securities [Abstract]
Fair Value	0	0
Common equities and mutual funds	0	0
Recurring
Available-for-sale debt securities [Abstract]
Small business administration securities	170,267	185,982
Obligations of states and political subdivisions	843	874
Non-bank qualified obligations of states and political subdivisions	331,324	400,557
Asset-baked securities	323,145	302,534
Mortgage-backed securities	338,250	382,546
Fair Value	1,163,829	1,272,493
Common equities and mutual funds	3,012	2,606
Non-marketable equity securities	2,741	1,669
Recurring \| Level 1
Available-for-sale debt securities [Abstract]
Small business administration securities	0	0
Obligations of states and political subdivisions	0	0
Non-bank qualified obligations of states and political subdivisions	0	0
Asset-baked securities	0	0
Mortgage-backed securities	0	0
Fair Value	0	0
Common equities and mutual funds	3,012	2,606
Non-marketable equity securities	0	0
Recurring \| Level 2
Available-for-sale debt securities [Abstract]
Small business administration securities	170,267	185,982
Obligations of states and political subdivisions	843	874
Non-bank qualified obligations of states and political subdivisions	331,324	400,557
Asset-baked securities	323,145	302,534
Mortgage-backed securities	338,250	382,546
Fair Value	1,163,829	1,272,493
Common equities and mutual funds	0	0
Non-marketable equity securities	0	0
Recurring \| Level 3
Available-for-sale debt securities [Abstract]
Small business administration securities	0	0
Obligations of states and political subdivisions	0	0
Non-bank qualified obligations of states and political subdivisions	0	0
Asset-baked securities	0	0
Mortgage-backed securities	0	0
Fair Value	0	0
Common equities and mutual funds	0	0
Non-marketable equity securities	$ 0	$ 0

FAIR VALUE OF FINANCIAL INSTRUMENTS - Quantitative Information (Details) - USD ($) $ in Thousands	9 Months Ended
	Jun. 30, 2020	Sep. 30, 2019
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Foreclosed assets, net	$ 6,784	$ 29,494
Minimum
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Range of estimated selling cost (percentage)	4.00%
Maximum
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Range of estimated selling cost (percentage)	30.00%
Level 1
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair value	$ 0	0
Level 2
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair value	0	0
Level 3
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair value	3,488,875	3,622,597
Total impaired loans and leases, net \| Level 3 \| Valuation, Market Approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair value	$ 14,513	8,707
Total impaired loans and leases, net \| Level 3 \| Valuation, Market Approach \| Minimum
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Range of estimated selling cost (percentage)	4.00%
Total impaired loans and leases, net \| Level 3 \| Valuation, Market Approach \| Maximum
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Range of estimated selling cost (percentage)	10.00%
Foreclosed assets, net \| Level 3 \| Valuation, Market Approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair value	$ 6,784	29,494
Foreclosed assets, net \| Level 3 \| Valuation, Market Approach \| Minimum
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Range of estimated selling cost (percentage)	4.00%
Foreclosed assets, net \| Level 3 \| Valuation, Market Approach \| Maximum
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Range of estimated selling cost (percentage)	30.00%
Nonrecurring
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair value	$ 21,297	38,201
Nonrecurring \| Level 1
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair value	0	0
Nonrecurring \| Level 2
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair value	0	0
Nonrecurring \| Level 3
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair value	21,297	38,201
Nonrecurring \| Commercial finance
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair value	14,493	8,707
Nonrecurring \| Commercial finance \| Level 1
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair value	0	0
Nonrecurring \| Commercial finance \| Level 2
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair value	0	0
Nonrecurring \| Commercial finance \| Level 3
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair value	14,493	8,707
Nonrecurring \| National Lending
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair value	14,493	8,707
Nonrecurring \| National Lending \| Level 1
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair value	0	0
Nonrecurring \| National Lending \| Level 2
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair value	0	0
Nonrecurring \| National Lending \| Level 3
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair value	14,493	8,707
Nonrecurring \| Commercial real estate and operating
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair value	20
Nonrecurring \| Commercial real estate and operating \| Level 1
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair value	0
Nonrecurring \| Commercial real estate and operating \| Level 2
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair value	0
Nonrecurring \| Commercial real estate and operating \| Level 3
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair value	20
Nonrecurring \| Community Banking
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair value	20
Nonrecurring \| Community Banking \| Level 1
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair value	0
Nonrecurring \| Community Banking \| Level 2
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair value	0
Nonrecurring \| Community Banking \| Level 3
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair value	20
Nonrecurring \| Total impaired loans and leases, net
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair value	14,513	8,707
Nonrecurring \| Total impaired loans and leases, net \| Level 1
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair value	0	0
Nonrecurring \| Total impaired loans and leases, net \| Level 2
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair value	0	0
Nonrecurring \| Total impaired loans and leases, net \| Level 3
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair value	14,513	8,707
Nonrecurring \| Foreclosed assets, net
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Foreclosed assets, net	6,784	29,494
Nonrecurring \| Foreclosed assets, net \| Level 1
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Foreclosed assets, net	0	0
Nonrecurring \| Foreclosed assets, net \| Level 2
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Foreclosed assets, net	0	0
Nonrecurring \| Foreclosed assets, net \| Level 3
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Foreclosed assets, net	$ 6,784	$ 29,494

FAIR VALUE OF FINANCIAL INSTRUMENTS - Balance Sheet Grouping (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Sep. 30, 2019
Financial assets [Abstract]
Debt securities available for sale	$ 1,163,829	$ 1,272,493
Fair Value	103,832	133,470
Level 1
Financial assets [Abstract]
Cash and cash equivalents	3,108,141	126,545
Debt securities available for sale	0	0
Fair Value	0	0
Common equities and mutual funds	3,012	2,606
Non-marketable equity securities	0	0
Loans held for sale	0	0
Loans and leases receivable	0	0
Federal Reserve Bank and Federal Home Loan Bank stocks	0
Federal Home Loan Bank stock		0
Accrued interest receivable	17,545	20,400
Financial liabilities [Abstract]
Deposits	7,037,218	2,920,516
Overnight federal funds purchased		642,000
Federal Home Loan Bank advances	0	0
Other short- and long-term borrowings	0	0
Accrued interest payable	4,332	9,414
Level 2
Financial assets [Abstract]
Cash and cash equivalents	0	0
Debt securities available for sale	1,163,829	1,272,493
Fair Value	103,832	133,470
Common equities and mutual funds	0	0
Non-marketable equity securities	11,000	6,500
Loans held for sale	79,905	148,777
Loans and leases receivable	0	0
Federal Reserve Bank and Federal Home Loan Bank stocks	31,836
Federal Home Loan Bank stock		30,916
Accrued interest receivable	0	0
Financial liabilities [Abstract]
Deposits	555,164	1,417,994
Overnight federal funds purchased		0
Federal Home Loan Bank advances	111,877	110,691
Other short- and long-term borrowings	100,342	113,876
Accrued interest payable	0	0
Level 3
Financial assets [Abstract]
Cash and cash equivalents	0	0
Debt securities available for sale	0	0
Fair Value	0	0
Common equities and mutual funds	0	0
Non-marketable equity securities	0	0
Loans held for sale	0	0
Loans and leases receivable	3,488,875	3,622,597
Federal Reserve Bank and Federal Home Loan Bank stocks	0
Federal Home Loan Bank stock		0
Accrued interest receivable	0	0
Financial liabilities [Abstract]
Deposits	0	0
Overnight federal funds purchased		0
Federal Home Loan Bank advances	0	0
Other short- and long-term borrowings	0	0
Accrued interest payable	0	0
Carrying Amount
Financial assets [Abstract]
Cash and cash equivalents	3,108,141	126,545
Debt securities available for sale	1,163,829	1,272,493
Fair Value	104,587	134,764
Common equities and mutual funds	3,012	2,606
Non-marketable equity securities	13,741	8,169
Loans held for sale	79,905	148,777
Loans and leases receivable	3,496,709	3,651,413
Federal Reserve Bank and Federal Home Loan Bank stocks	31,836
Federal Home Loan Bank stock		30,916
Accrued interest receivable	17,545	20,400
Financial liabilities [Abstract]
Deposits	7,590,325	4,337,005
Overnight federal funds purchased		642,000
Federal Home Loan Bank advances	110,000	110,000
Other short- and long-term borrowings	99,781	109,857
Accrued interest payable	4,332	9,414
Estimated Fair Value
Financial assets [Abstract]
Cash and cash equivalents	3,108,141	126,545
Debt securities available for sale	1,163,829	1,272,493
Fair Value	103,832	133,470
Common equities and mutual funds	3,012	2,606
Non-marketable equity securities	13,741	8,169
Loans held for sale	79,905	148,777
Loans and leases receivable	3,488,875	3,622,597
Federal Reserve Bank and Federal Home Loan Bank stocks	31,836
Federal Home Loan Bank stock		30,916
Accrued interest receivable	17,545	20,400
Financial liabilities [Abstract]
Deposits	7,592,382	4,338,510
Overnight federal funds purchased		642,000
Federal Home Loan Bank advances	111,877	110,691
Other short- and long-term borrowings	100,342	113,876
Accrued interest payable	$ 4,332	$ 9,414

SUBSEQUENT EVENTS (Details) - USD ($) $ in Millions	Aug. 05, 2020	Aug. 04, 2020	Jul. 31, 2020	Jun. 30, 2020
Subsequent Event
Subsequent Event [Line Items]
Program management agreement term	3 years
Subsequent Event \| Community Bank
Subsequent Event [Line Items]
Discontinued operations disposal group assets sold		$ 58.6
COVID-19 Pandemic
Subsequent Event [Line Items]
Loans and leases still in deferment period				$ 292.2
Active loans				$ 34.6
COVID-19 Pandemic \| Subsequent Event
Subsequent Event [Line Items]
Loans and leases still in deferment period			$ 175.8
Active loans			$ 33.9