META FINANCIAL GROUP INC, 10-Q filed on 8/9/2021
Quarterly Report
v3.21.2
Cover Page - shares
 9 Months Ended
Jun. 30, 2021
Aug. 02, 2021
Cover [Abstract]    
Document Type 10-Q  
Document Quarterly Report true  
Document Period End Date Jun. 30, 2021  
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 877  
Local Phone Number 497-7497  
Title of 12(b) Security Common Stock, $.01 par value  
Trading Symbol CASH  
Security Exchange Name NASDAQ  
Entity Current Reporting Status Yes  
Entity Interactive Data Current Yes  
Entity Filer Category Large Accelerated Filer  
Entity Small Business false  
Entity Emerging Growth Company false  
Entity Shell Company false  
Entity Common Stock, Shares Outstanding (in shares)   31,920,165
Entity Central Index Key 0000907471  
Current Fiscal Year End Date --09-30  
Document Fiscal Year Focus 2021  
Document Fiscal Period Focus Q3  
Amendment Flag false  
v3.21.2
Condensed Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Jun. 30, 2021
Sep. 30, 2020
ASSETS    
Cash and cash equivalents $ 720,243 $ 427,367
Investment securities available for sale, at fair value 854,023 814,495
Mortgage-backed securities available for sale, at fair value 1,063,582 453,607
Investment securities held to maturity, at cost 60,228 87,183
Mortgage-backed securities held to maturity, at cost 4,019 5,427
Loans held for sale 87,905 183,577
Loans and leases 3,496,670 3,322,765
Allowance for credit losses (91,208) (56,188)
Federal Reserve Bank and Federal Home Loan Bank stocks, at cost 28,433 27,138
Accrued interest receivable 16,230 16,628
Premises, furniture, and equipment, net 44,107 41,608
Rental equipment, net 211,368 205,964
Bank-owned life insurance 94,142 92,315
Foreclosed real estate and repossessed assets. net 1,204 9,957
Goodwill 309,505 309,505
Intangible assets 34,898 41,692
Prepaid assets 7,482 8,328
Deferred taxes, net 20,072 17,723
Other assets 88,909 82,983
Total assets 7,051,812 6,092,074
Deposits:    
Noninterest-bearing checking 5,385,569 4,356,630
Interest-bearing checking 255,509 157,571
Savings deposits 93,608 47,866
Money market deposits 63,920 48,494
Time certificates of deposit 11,425 20,223
Wholesale deposits 78,840 348,416
Total deposits 5,888,871 4,979,200
Short-term borrowings 0 0
Long-term borrowings 93,634 98,224
Accrued interest payable 1,853 1,923
Accrued expenses and other liabilities 190,821 165,419
Total liabilities 6,175,179 5,244,766
STOCKHOLDERS’ EQUITY    
Preferred stock, 3,000,000 shares authorized, no shares issued and no shares outstanding at June 30, 2021 and September 30, 2020, respectively 0 0
Additional paid-in capital 602,720 594,569
Retained earnings 262,578 234,927
Accumulated other comprehensive income 15,222 17,542
Treasury stock, at cost, 203,224 and 118,274 common shares at June 30, 2021 and September 30, 2020, respectively (5,696) (3,677)
Total equity attributable to parent 875,143 843,705
Noncontrolling interest 1,490 3,603
Total stockholders’ equity 876,633 847,308
Total liabilities and stockholders’ equity 7,051,812 6,092,074
Common stock, $0.01 par value; 90,000,000 shares authorized, 32,123,004 and 34,479,164 shares issued, 31,919,780 and 34,360,890 shares outstanding at June 30, 2021 and September 30, 2020, respectively    
STOCKHOLDERS’ EQUITY    
Common stock 319 344
Common stock, Nonvoting, $0.01 par value; 3,000,000 shares authorized, no shares issued, none outstanding at June 30, 2021 and September 30, 2020, respectively    
STOCKHOLDERS’ EQUITY    
Common stock $ 0 $ 0
v3.21.2
Condensed Consolidated Statements of Financial Condition (Parenthetical) - $ / shares
Jun. 30, 2021
Sep. 30, 2020
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) 203,224 118,274
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) 32,123,004 34,479,164
Common stock, shares outstanding (in shares) 31,919,780 34,360,890
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
v3.21.2
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Interest and dividend income:        
Loans and leases, including fees $ 62,287 $ 59,911 $ 192,415 $ 199,107
Mortgage-backed securities 3,446 2,269 8,176 7,151
Other investments 4,250 5,226 13,207 18,176
Total interest and dividend income 69,983 67,406 213,798 224,434
Interest expense:        
Deposits 188 3,130 1,429 20,712
FHLB advances and other borrowings 1,320 2,139 4,045 9,197
Total interest expense 1,508 5,269 5,474 29,909
Net interest income 68,475 62,137 208,324 194,525
Provision (recovery) for credit losses 4,612 15,093 40,991 55,796
Net interest income after provision for credit losses 63,863 47,044 167,333 138,729
Noninterest income:        
Securities available for sale, net 0 0 6 0
Gain on divestitures 0 0 0 19,275
Gain (loss) on sale of other 5,955 1,214 10,935 969
Other income 4,017 2,464 15,550 11,512
Total noninterest income 62,453 41,048 221,361 199,044
Noninterest expense:        
Compensation and benefits 38,604 32,102 114,867 100,631
Refund transfer product expense 2,435 (139) 8,642 7,482
Tax advance product expense (25) (11) 2,534 2,820
Card processing 6,809 7,128 20,138 19,432
Occupancy and equipment expense 7,381 6,502 21,017 20,169
Operating lease equipment depreciation 8,122 8,536 23,122 25,237
Legal and consulting 5,680 4,660 16,972 15,242
Intangible amortization 2,013 2,636 6,784 8,714
Impairment expense 505 0 2,217 750
Other expense 9,999 9,827 33,775 38,291
Total noninterest expense 81,523 71,241 250,068 238,768
Income before income tax expense 44,793 16,851 138,626 99,005
Income tax expense (benefit) 4,934 (2,426) 9,600 3,870
Net income before noncontrolling interest 39,859 19,277 129,026 95,135
Net income attributable to noncontrolling interest 1,158 1,087 3,221 3,573
Net income attributable to parent $ 38,701 $ 18,190 $ 125,805 $ 91,562
Earnings per common share        
Basic (in dollars per share) $ 1.21 $ 0.53 $ 3.87 $ 2.54
Diluted (in dollars per share) $ 1.21 $ 0.53 $ 3.87 $ 2.54
Refund transfer product fees        
Noninterest income:        
Noninterest income: $ 12,073 $ 4,595 $ 35,400 $ 33,726
Total noninterest income 12,073 4,595 35,400 33,726
Tax advance product fees        
Noninterest income:        
Noninterest income: 891 28 47,413 31,840
Total noninterest income 891 28 47,413 31,840
Payment card and deposit fees        
Noninterest income:        
Noninterest income: 29,203 21,302 81,641 65,957
Total noninterest income 29,203 21,302 81,641 65,957
Other bank and deposit fees        
Noninterest income:        
Noninterest income: 338 214 709 1,083
Total noninterest income 338 214 709 1,083
Rental income        
Noninterest income:        
Noninterest income: 9,976 11,231 29,707 34,682
Total noninterest income $ 9,976 $ 11,231 $ 29,707 $ 34,682
v3.21.2
Condensed Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Statement of Comprehensive Income [Abstract]        
Net income before noncontrolling interest $ 39,859 $ 19,277 $ 129,026 $ 95,135
Other comprehensive income (loss):        
Change in net unrealized gain (loss) on debt securities 3,081 8,067 (3,996) 2,576
Net (gain) realized on investment securities 0 0 (6) 0
Total 3,081 8,067 (4,002) 2,576
Unrealized gain (loss) on currency translation 121 295 692 (269)
Deferred income tax effect 789 2,021 (990) 651
Total other comprehensive income (loss) 2,413 6,341 (2,320) 1,656
Total comprehensive income 42,272 25,618 126,706 96,791
Total comprehensive income attributable to noncontrolling interest 1,158 1,087 3,221 3,573
Comprehensive income attributable to parent $ 41,114 $ 24,531 $ 123,485 $ 93,218
v3.21.2
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
    Treasury Stock
Noncontrolling Interest
Noncontrolling Interest
Adjustment
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 (loss) 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 (loss) 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  
Beginning Balance at Sep. 30, 2020 847,308 $ (10,803) 843,705 $ (8,351) 344 594,569 234,927 $ (8,351) 17,542 (3,677) 3,603 $ (2,452)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Cash dividends declared on common stock (4,804)   (4,804)       (4,804)          
Issuance of common shares due to ESOP 3,036   3,036   2 3,034            
Shares repurchased (87,018)   (87,018)   (27) 27 (84,999)     (2,019)    
Stock compensation 5,090   5,090     5,090            
Total other comprehensive income (loss) (2,320)   (2,320)           (2,320)      
Net income 129,026   125,805       125,805       3,221  
Net investment by (distribution to) noncontrolling interests (2,882)                   (2,882)  
Ending Balance at Jun. 30, 2021 876,633   875,143   319 602,720 262,578   15,222 (5,696) 1,490  
Beginning Balance at Mar. 31, 2021 835,258   834,166   319 601,222 225,471   12,809 (5,655) 1,092  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Cash dividends declared on common stock (1,594)   (1,594)       (1,594)          
Shares repurchased (41)   (41)             (41)    
Stock compensation 1,498   1,498     1,498            
Total other comprehensive income (loss) 2,413   2,413           2,413      
Net income 39,859   38,701       38,701       1,158  
Net investment by (distribution to) noncontrolling interests (760)                   (760)  
Ending Balance at Jun. 30, 2021 $ 876,633   $ 875,143   $ 319 $ 602,720 $ 262,578   $ 15,222 $ (5,696) $ 1,490  
v3.21.2
Condensed Consolidated Statements of Changes in Stockholders' Equity (Parenthetical) - $ / shares
 3 Months Ended 9 Months Ended 12 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Sep. 30, 2020
Statement of Stockholders' Equity [Abstract]          
Accounting Standards Update [Extensible List]         us-gaap:AccountingStandardsUpdate201613Member
Cash dividends declared on common stock (in dollars per share) $ 0.05 $ 0.05 $ 0.15 $ 0.15  
v3.21.2
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash flows from operating activities:    
Net income before noncontrolling interest $ 129,026 $ 95,135
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation, amortization and accretion, net 43,561 46,123
Stock compensation 5,090 8,320
Provision (recovery):    
Provision (recovery) for credit losses 40,991 55,796
Deferred taxes (1,360) 2,289
Loans held for sale:    
Originations (472,935) (63,396)
Proceeds from sales 694,063 168,814
Net change 2,495 22,612
Fair value adjustment of foreclosed real estate 481 568
Net realized (gain) loss):    
Other assets 28 361
Divestitures 0 (19,275)
Foreclosed real estate and repossessed assets (4) 5,039
Securities available for sale, net (6) 0
Loans held for sale (9,804) (4,069)
Lease receivables and equipment (1,076) (2,302)
Net change:    
Other assets (3,742) (20,623)
Deposits held for sale 0 1,535
Accrued interest payable (70) (5,082)
Accrued expenses and other liabilities 25,402 (10,218)
Accrued interest receivable 398 1,738
Change in bank-owned life insurance value (1,827) (1,870)
Impairment on assets held for sale 0 242
Net cash provided by operating activities 450,711 281,737
Securities available for sale:    
Purchases (976,502) (60,024)
Proceeds from sales 50,468 0
Proceeds from maturities and principal repayments 266,673 166,477
Securities held to maturity:    
Proceeds from maturities and principal repayments 27,041 28,642
Loans and leases:    
Purchases (145,639) (120,406)
Proceeds from sales 13,822 3,099
Net change (177,944) (73,360)
Proceeds from sales of foreclosed real estate and repossessed assets 8,285 23,086
Federal Reserve Bank and Federal Home Loan Bank stock:    
Purchases (1,295) (472,000)
Redemption 0 471,080
Rental equipment:    
Purchases (36,800) (48,279)
Proceeds from sales 11,744 13,262
Net change (2,303) 2,625
Premises, furniture, and equipment:    
Purchases (9,448) (8,573)
Proceeds from sales 86 0
Proceeds from divestitures 0 3,498
Net cash (used in) investing activities (971,812) (70,873)
Cash flows from financing activities:    
Checking, savings, and money market deposits 1,188,046 4,440,032
Time certificates of deposit (8,798) (84,285)
Wholesale deposits (269,576) (813,495)
FHLB and other borrowings 0 (165,000)
Federal funds 0 (477,000)
Securities sold under agreements to repurchase 0 (4,019)
Distribution to noncontrolling interest (2,882) (3,833)
Proceeds from other liabilities 80 1,633
Other liabilities (4,775) (5,977)
Capital lease obligations (24) (1,729)
Cash dividends paid (4,804) (5,370)
Issuance of common stock due to ESOP 3,036 3,220
Issuance of common stock due to restricted stock 0 2
Proceeds from exercise of stock options and issuance of common stock 0 293
Shares repurchased (87,018) (113,472)
Net cash provided by financing activities 813,285 2,771,000
Effect of exchange rate changes on cash 692 (268)
Net change in cash and cash equivalents 292,876 2,981,596
Cash and cash equivalents at beginning of fiscal year 427,367 126,545
Cash and cash equivalents at end of fiscal period 720,243 3,108,141
Supplemental disclosure of cash flow information:    
Interest 5,544 34,991
Income taxes 4,147 5,775
Franchise taxes 200 231
Other taxes 671 492
Supplemental schedule of non-cash investing activities:    
Loans and leases to foreclosed real estate and repossessed assets 9 5,983
Loans and leases to rental equipment 14,844 (573)
Rental equipment to loan and leases 14,014 691
Loans and leases to held for sale 118,037 325,092
Other assets to held for sale 0 7,858
Deposits to held for sale 0 288,975
Recognition of operating lease ROU assets, net of measurements $ 12,954 $ 27,019
v3.21.2
BASIS OF PRESENTATION
 9 Months Ended
Jun. 30, 2021
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, 2020 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 30, 2020. 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, 2021 are not necessarily indicative of the results expected for the fiscal year ending September 30, 2021.
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.
v3.21.2
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND RECENTLY ADOPTED ACCOUNTING STANDARDS UPDATES ("ASU")
 9 Months Ended
Jun. 30, 2021
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, 2020 remain substantially unchanged with the exception of the accounting policies for allowance for credit losses and securities impairment as a result of adopting ASU 2016-13, Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, and related ASUs, as described below.

Allowance for Credit Losses ("ACL"). The ACL represents management’s estimate of current credit losses expected to be incurred by the loan and lease portfolio over the life of each financial asset as of the balance sheet date. The Company individually evaluates loans and leases that do not share similar risk characteristics with other financial assets for impairment, which generally means loans and leases identified as troubled debt restructurings or loans and leases on nonaccrual status. All other loans and leases are evaluated collectively for impairment. A reserve for unfunded credit commitments such as letters of credit and binding unfunded loan commitments is recorded in other liabilities on the Condensed Consolidated Statements of Financial Condition.

Individually evaluated loans and leases are a key component of the ACL. Generally, the Company measures impairment on individually evaluated loans based on the fair value of the collateral less estimated selling costs, as the Company considers these financial assets to be collateral dependent. If an individually evaluated loan or lease is not collateral dependent, impairment is measured at the present value of expected future cash flows discounted at the loan or lease initial effective interest rate.

The impairment of all other loans and leases is evaluated collectively by various characteristics. The collective evaluation of expected losses in all commercial finance portfolios is based on a cohort loss rate and adjustments for forward-looking information, including industry and macroeconomic forecasts. The cohort loss rate is a life of loan loss rate that immediately reverts to historical loss information for the remaining maturity of the financial asset. Management has elected to use a twelve-month reasonable and supportable forecast for forward-looking information. Factors utilized in the determination of the allowance include historical loss experience, current economic forecasts and measurement date credit characteristics such as product type, delinquency, and industry. The unfunded credit commitments depend on these same factors, as well as estimates of lines of credit usage. The various quantitative and qualitative factors used in the methodologies are reviewed quarterly.

The collective evaluation of expected credit losses for certain consumer lending portfolios utilize different methodologies when estimating expected credit losses. The Company’s student loan portfolio utilizes a roll-rate historical loss rate and adjustments for forward-looking information, including macroeconomic conditions. Management has elected to use a twelve-month reasonable and supportable forecast with an immediate reversion to historical loss rates. Factors utilized in the determination of the allowance include historical loss experience, current economic forecasts, and measurement date credit characteristics including delinquency.
Loans and leases are charged off to the extent they are deemed uncollectible. Net charge-offs are included in historical data utilized for calculating the ACL. For commercial loans, the Company generally fully charges off or charges down to net realizable value (fair value of collateral, less estimated costs to sell) for loans secured by collateral when management judges the loan to be uncollectible, repayment is deemed to be protracted beyond a reasonable timeframe, the loan has been classified as a loss by either the Company’s internal loan review process or its banking regulatory agencies, the Company has filed bankruptcy and the loss becomes evident owing to lack of assets, or the loans meets a defined number of days past due unless the loan is both well-secured and is in the process of collection. For consumer loans, the Company fully charges off or charges down to net realizable value when deemed uncollectible due to bankruptcy or other factors or meets a defined number of days past due.

The amount of ACL depends significantly on management’s estimates or key factors and assumptions affecting valuation, appraisals of collateral, evaluations of performance and status, the amounts and timing of future cash flows expected to be received, forecasts of future economic conditions and reversion periods. Such estimates, appraisals, evaluations, cash flows and forecasts may be subject to frequent adjustments due to changing economic prospects of borrowers, lessees, properties or economic conditions. These estimates are reviewed quarterly and adjustments, if necessary, are recorded in the provision for credit losses in the periods in which they become known.

Accrued interest receivable is presented separately on the Condensed Consolidated Statements of Financial Condition, and an ACL is not recorded for these balances. Generally, when a loan or lease is placed on nonaccrual status, typically when the collection of interest or principal is 90 days or more past due, uncollected interest accrued in prior years is charged off against the ACL and interest accrued in the current year is reversed against interest income.

Management maintains a framework of controls over the estimation process for the ACL, including review of collective reserve methodologies for compliance with GAAP. Management has a quarterly process to review the appropriateness of historical observation periods and loss assumptions and risk ratings assigned to loans and leases, if applicable. Management reviews its qualitative framework and the effect on the collective reserve compared with relevant credit risk factors and consistency with credit trends. Management also maintains controls over information systems, models and spreadsheets used in the quantitative components of the reserve estimate. This includes the quality and accuracy of historical data used to derive loss rates, the inputs to industry and macroeconomic forecasts and the reversion periods utilized. The results of this process are summarized and presented to management quarterly for their approval of the recorded allowance. See Note 6. Loans and Leases, Net for further information.

Securities Impairment. The Company evaluates investment securities held-to-maturity for credit losses on a quarterly basis and records any such losses as a component of provision for credit losses in the Condensed Consolidated Statements of Operations. The Company has concluded that its portfolio as of June 30, 2021 has a zero risk of credit loss due to the U.S. Government financial guarantees underlying the securities within the held-to-maturity portfolio and as a result has not recorded an allowance for credit loss.

The Company evaluates investment securities available-for-sale for credit losses on a quarterly basis and records any such losses as a component of provision for credit losses in the Condensed Consolidated Statements of Operations. See Note 5. Securities for further information.
Adopted ASUs
Effective October 1, 2020, the Company adopted ASU 2016-13, Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, and subsequent related ASUs (collectively “Topic 326”), which changes the impairment model for most financial assets, including trade and other receivables, debt securities held-to-maturity, loans, net investments in leases, purchased financial assets with credit deterioration, and off-balance sheet credit exposures. ASU 2016-13 requires the use of a current expected credit loss (“CECL”) methodology to determine the allowance for credit losses for loans and debt securities held-to-maturity. CECL requires loss estimates for the remaining estimated life of the assets to be measured using historical loss data, adjustments for current conditions, and adjustments for reasonable and supportable forecasts of future economic conditions. The Company adopted CECL using the modified retrospective approach with a cumulative effect adjustment to Retained Earnings recorded on October 1, 2020.
Our adoption resulted in an ACL as of October 1, 2020 that is larger than the allowance for loan and lease losses (“ALLL”) that would have been recorded under legacy guidance on the same date by $12.8 million in total for all portfolios. A portion of this increase is a result of new requirements to record ACL on acquired loans and leases, regardless of any credit mark recorded. Under legacy guidance, credit marks were included in the determination of fair value adjustments reflected as a discount to the carrying value of the loans and leases and an ALLL was not recorded on acquired loans and leases until evidence of credit deterioration existed post acquisition. The remaining credit and interest mark will continue to accrete over the life of the loan or lease but will no longer be considered when estimating the ACL for acquired loans and leases under CECL. The adoption of CECL also resulted in an increase in the liability of unfunded commitments of $0.8 million. For other assets in scope of the standard such as held-to-maturity debt securities and trade and other receivables, the impact from this ASU was inconsequential. The cumulative tax effected adjustment to record ACL and to increase the unfunded commitments liability resulted in a reduction to retained earnings of $8.4 million along with $2.5 million attributable to noncontrolling interests. Post adoption, as loans and leases are added to the portfolio, the Company expects higher levels of ACL determined by CECL assumptions, resulting in accelerated recognition of provision for credit losses, as compared to historical results. In response to the COVID-19 pandemic, regulatory agencies have published a final rule that provides the option to delay the cumulative effect of the day 1 impact to CECL adoption on regulatory capital for two years, followed by a three-year phase in period. Management has elected this five-year transition period consistent with the final rule. Additional and modified disclosure requirements under CECL are included in Note 5. Securities and Note 6. Loans and Leases, Net.

The Company also adopted the following ASUs on October 1, 2020, none of which had a material impact on the Company’s Condensed Consolidated Financial Statements:

–ASU 2018-13, Fair Value Measurement (Topic 820): Disclosure Framework – Changes to the Disclosure Requirements for Fair Value Measurement.
–ASU 2018-15, Intangibles – Goodwill and Other – Internal-Use Software (Subtopic 350-40): Customer's Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That is a Service Contract.
–ASU 2018-17, Consolidation (Topic 810) – Targeted Improvements to Related Party Guidance for Variable Interest Entities.

ASUs to be Adopted
ASU 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes. The amendments in this ASU are intended to simplify the accounting for income taxes by removing certain exceptions to the general rules found in Topic 740, Income Taxes. The majority of the amendments are to be applied on a prospective basis. This ASU is effective for fiscal years beginning after December 15, 2020. The Company is currently evaluating the impact of this guidance on the consolidated financial statements.

ASU 2020-01, Investments-Equity Securities (Topic 321), Investments-Equity Method and Joint Ventures (Topic 323), and Derivatives and Hedging (Topic 815): Clarifying Interactions between Topics 321, 323 and 815. This ASU clarifies the interactions between Topic 321, Topic 323 and Topic 815, including accounting for the transition into and out of the equity method and measuring certain purchased options and forward contracts to acquire investments. The amendments in this ASU are effective for fiscal years beginning after December 15, 2020. Management is currently evaluating the impact of this guidance on the consolidated financial statements.

ASU 2020-04, Reference Rate Reform (Topic 848) – Facilitation of the Effects of Reference Rate Reform on Financial Reporting. The amendments in this ASU provide optional expedients and exceptions to applying GAAP to contracts, hedging relationships and other transactions impacted by reference rate reform if certain criteria are met. The amendments include a one-time sale or transfer election of held-to-maturity debt securities impacted by reference rate reform. The amendments in this ASU are effective upon issuance through December 31, 2022. The Company is currently evaluating the impact of this guidance on the consolidated financial statements.

ASU 2020-08, Codification Improvements to Subtopic 310-20, Receivables – Nonrefundable Fees and Other Costs. This ASU clarifies that an entity should amortize any premium, if applicable, to the next call date, which is the first date when a call option at a specified price becomes exercisable. The amendments in this ASU are effective for fiscal years beginning after December 15, 2020. Management is currently evaluating the impact of this guidance on the consolidated financial statements.
ASU 2020-10, Codification Improvements. This ASU provides clarification, corrects unintended application of guidance, and makes minor improvements to various Topics that are not expected to have a significant impact on the Company’s current accounting policies and practices. Amendments within this ASU are effective for fiscal years beginning after December 15, 2020.
v3.21.2
SIGNIFICANT EVENTS
 9 Months Ended
Jun. 30, 2021
Commitments and Contingencies Disclosure [Abstract]  
SIGNIFICANT EVENTS SIGNIFICANT EVENTS
COVID-19 Pandemic

The COVID-19 pandemic began impacting the U.S. and global economies in the first calendar quarter of 2020, with significant deterioration of macroeconomic conditions and markets into 2021. 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. In addition to the CARES Act, the U.S. federal government enacted the Consolidated Appropriations Act of 2021 ("CAA") on December 27, 2020 and the American Rescue Plan Act of 2021 ("ARP Act") on March 11, 2021, which provide additional COVID-19 relief to American families and business.

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 engaged and continues to engage in more frequent communication with borrowers to better understand their situation and challenges and offered 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 under the modification agreement.

The table below presents the outstanding balances of active COVID-19 related modifications.
As of the Period Ended
(Dollars in Thousands)June 30, 2021March 31, 2021December 31, 2020
National Lending
Term lending$2,955 $5,460 $18,321 
Asset based lending— — 1,124 
Lease financing275 379 1,637 
Commercial finance3,230 5,839 21,082 
Consumer credit products19 301 1,210 
Other consumer finance1,609 1,627 2,682 
Consumer finance1,628 1,928 3,892 
Total National Lending4,858 7,767 24,974 
Community Banking
Commercial real estate and operating36,632 58,707 60,319 
Total Community Banking36,632 58,707 60,319 
Total loans and leases41,490 66,474 85,293 
Total COVID-19 related modifications$41,490 $66,474 $85,293 
v3.21.2
DIVESTITURES
 9 Months Ended
Jun. 30, 2021
Discontinued Operations and Disposal Groups [Abstract]  
DIVESTITURES DIVESTITURES
During the fiscal year ended September 30, 2020, the Company sold the Bank'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 $290.5 million of deposits; $268.6 million of loans; $4.9 million of premises, furniture, and equipment; and $1.3 million of other assets and closed February 29, 2020 (the "Closing Date"). The sale resulted in a gain of $19.3 million before tax that was recognized within noninterest income on the Company's Condensed Consolidated Statements of Operations.

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 $2.2 million and $1.4 million in servicing fee expense during the nine months ended June 30, 2021 and 2020, respectively, and $3.5 million for the fiscal year ended September 30, 2020.

Since the Closing Date, the Company has entered into subsequent loan portfolio sale agreements with Central Bank. The Company sold no additional loans from the retained Community Bank portfolio in the three months ended June 30, 2021 and 2020, and $233.0 million and none for the nine months ended June 30, 2021 and 2020, respectively. The sales did not result in any significant gains or losses to the Condensed Consolidated Statements of Operations.

As of June 30, 2021, the Company had $18.1 million of community bank loans classified as held for sale and expects to sell those loans in the upcoming fourth fiscal quarter. See Note 6. Loans and Leases, Net for additional information.
v3.21.2
SECURITIES
 9 Months Ended
Jun. 30, 2021
Investments, Debt and Equity Securities [Abstract]  
SECURITIES 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.
Securities Available For Sale
(Dollars in Thousands)Amortized CostGross Unrealized GainsGross Unrealized (Losses)Fair
Value
At June 30, 2021
Debt securities AFS    
SBA securities$162,922 $6,263 $— $169,185 
Obligations of states and political subdivisions2,758 8 — 2,766 
Non-bank qualified obligations of states and political subdivisions267,031 7,423 (104)274,350 
Asset-backed securities405,857 2,760 (895)407,722 
Mortgage-backed securities1,059,321 9,866 (5,605)1,063,582 
Total debt securities AFS$1,897,889 $26,320 $(6,604)$1,917,605 
At September 30, 2020
Debt securities AFS    
SBA securities$159,722 $5,391 $(158)$164,955 
Obligations of states and political subdivisions825 16 — 841 
Non-bank qualified obligations of states and political subdivisions314,819 8,978 (23)323,774 
Asset-backed securities329,139 2,015 (6,229)324,925 
Mortgage-backed securities439,879 14,567 (839)453,607 
Total debt securities AFS$1,244,384 $30,967 $(7,249)$1,268,102 

Securities Held To Maturity
(Dollars in Thousands)Amortized CostGross Unrealized GainsGross Unrealized (Losses)Fair
Value
At June 30, 2021
Debt securities HTM    
Non-bank qualified obligations of states and political subdivisions$60,228 $1,104 $(2)$61,330 
Mortgage-backed securities4,019 72 — 4,091 
Total debt securities HTM$64,247 $1,176 $(2)$65,421 
At September 30, 2020
Debt securities HTM    
Non-bank qualified obligations of states and political subdivisions$87,183 $1,040 $(29)$88,194 
Mortgage-backed securities5,427 124 — 5,551 
Total debt securities HTM$92,610 $1,164 $(29)$93,745 
Gross unrealized losses and fair value, aggregated by investment category and length of time that individual securities have been in a continuous loss position, were as follows:
LESS THAN 12 MONTHSOVER 12 MONTHSTOTAL
(Dollars in Thousands)Fair
Value		Gross Unrealized (Losses)Fair
Value		Gross Unrealized (Losses)Fair
Value		Gross Unrealized (Losses)
At June 30, 2021
Debt securities AFS
Non-bank qualified obligations of states and political subdivisions24,357 (104)— — 24,357 (104)
Asset-backed securities124,158 (234)94,726 (661)218,884 (895)
Mortgage-backed securities695,230 (4,207)55,415 (1,398)750,645 (5,605)
Total debt securities AFS$843,745 $(4,545)$150,141 $(2,059)$993,886 $(6,604)

LESS THAN 12 MONTHSOVER 12 MONTHSTOTAL
(Dollars in Thousands)Fair
Value		Gross Unrealized (Losses)Fair
Value		Gross Unrealized (Losses)Fair
Value		Gross Unrealized (Losses)
At September 30, 2020
Debt securities AFS
SBA securities$32,257 $(102)$9,875 $(56)$42,132 $(158)
Non-bank qualified obligations of states and political subdivisions6,265 (6)3,103 (17)9,368 (23)
Asset-backed securities106,474 (1,089)178,686 (5,140)285,160 (6,229)
Mortgage-backed securities138,338 (839)— — 138,338 (839)
Total debt securities AFS$283,334 $(2,036)$191,664 $(5,213)$474,998 $(7,249)

LESS THAN 12 MONTHSOVER 12 MONTHSTOTAL
(Dollars in Thousands)Fair
Value		Gross Unrealized (Losses)Fair
Value		Gross Unrealized (Losses)Fair
Value		Gross Unrealized (Losses)
At June 30, 2021
Debt securities HTM
Non-bank qualified obligations of states and political subdivisions2,859 (2)— — 2,859 (2)
Total debt securities HTM$2,859 $(2)$— $— $2,859 $(2)

LESS THAN 12 MONTHSOVER 12 MONTHSTOTAL
(Dollars in Thousands)Fair
Value		Gross Unrealized (Losses)Fair
Value		Gross Unrealized (Losses)Fair
Value		Gross Unrealized (Losses)
At September 30, 2020
Debt securities HTM
Non-bank qualified obligations of states and political subdivisions$7,397 $(9)$3,637 $(20)$11,034 $(29)
Total debt securities HTM$7,397 $(9)$3,637 $(20)$11,034 $(29)
The adoption of CECL was inconsequential to debt securities AFS. At June 30, 2021, there were no ACL for debt securities AFS. At June 30, 2021, there were 49 securities AFS in an unrealized loss position. Management assessed each investment security with unrealized losses for credit impairment and determined substantially all unrealized losses on these securities were due to credit spreads and interest rates versus credit impairment. As part of that assessment, management evaluated and concluded that it is more-likely-than-not that the Company will not be required and does not intend to sell any of the securities prior to recovery of the amortized cost.

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.
At June 30, 2021At September 30, 2020
(Dollars in Thousands)Amortized CostFair
Value		Amortized CostFair
Value
Securities AFS at Fair Value
Due in one year or less$245 $245 $1,385 $1,398 
Due after one year through five years17,884 18,467 20,805 21,769 
Due after five years through ten years53,273 55,337 32,441 34,025 
Due after ten years767,166 779,974 749,874 757,303 
838,568 854,023 804,505 814,495 
Mortgage-backed securities1,059,321 1,063,582 439,879 453,607 
Total securities AFS, at fair value$1,897,889 $1,917,605 $1,244,384 $1,268,102 

At June 30, 2021At September 30, 2020
(Dollars in Thousands)Amortized CostFair
Value		Amortized CostFair
Value
Securities HTM at Fair Value
Due after ten years$60,228 $61,330 $87,183 $88,194 
60,228 61,330 87,183 88,194 
Mortgage-backed securities4,019 4,091 5,427 5,551 
Total securities HTM, at cost$64,247 $65,421 $92,610 $93,745 

Other investments, at cost, include equity securities without a readily determinable fair value, which are included in other assets on the Condensed Consolidated Statements of Financial Condition, and shares of stock in the Federal Reserve Bank (the "FRB") of Minneapolis and the FHLB of Des Moines.

Equity Securities
Equity securities without a readily determinable fair value totaled $14.7 million at June 30, 2021 and $11.0 million at September 30, 2020.

FRB Stock
The Bank 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 the Bank totaled $19.7 million at June 30, 2021 and September 30, 2020. These equity securities are 'restricted' in that they can only be owned by member banks.

FHLB Stock
The Company's borrowings from the FHLB are secured by a blanket collateral agreement with respect to a percentage of unencumbered loans and the pledge of specific investment securities. Such advances can be made pursuant to several different credit programs, each of which has its own interest rate and range of maturities.
The investments in the FHLB stock are required investments related to the Company's membership in and current borrowings from the FHLB of Des Moines. The investments in the FHLB of Des Moines could be adversely impacted by the financial operations of the FHLB and actions of their regulator, the Federal Housing Finance Agency.

The FHLB stock is carried at cost since it is generally redeemable at par value. The carrying value of the stock held at the FHLB was $8.8 million and $7.5 million at June 30, 2021 and September 30, 2020, respectively.

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.

Equity Security Impairment
For investments held at cost, impairment is evaluated on at least an annual basis on the recoverability of the par value. All other equity investments, including those under the equity method, are reviewed for other-than-temporary impairment on at least a quarterly basis. The Company recognized $2.0 million in impairment recognized for such investments for the nine months ended June 30, 2021.
v3.21.2
LOANS AND LEASES, NET
 9 Months Ended
Jun. 30, 2021
Loans and Leases Receivable Disclosure [Abstract]  
LOANS AND LEASES, NET LOANS AND LEASES, NET
Loans and leases consist of the following:
(Dollars in Thousands)June 30, 2021September 30, 2020
National Lending
Term lending$920,279 $805,323 
Asset based lending263,237 182,419 
Factoring320,629 281,173 
Lease financing282,940 281,084 
Insurance premium finance417,652 337,940 
SBA/USDA263,709 318,387 
Other commercial finance118,081 101,658 
Commercial finance2,586,527 2,307,984 
Consumer credit products105,440 89,809 
Other consumer finance122,316 134,342 
Consumer finance227,756 224,151 
Tax services41,268 3,066 
Warehouse finance335,704 293,375 
Total National Lending3,191,255 2,828,576 
Community Banking
Commercial real estate and operating294,810 457,371 
Consumer one-to-four family real estate and other1,349 16,486 
Agricultural real estate and operating7,825 11,707 
Total Community Banking303,984 485,564 
Total loans and leases3,495,239 3,314,140 
Net deferred loan origination costs (fees)1,431 8,625 
Total gross loans and leases3,496,670 3,322,765 
Allowance for credit losses(91,208)(56,188)
Total loans and leases, net$3,405,462 $3,266,577 

During the nine months ended June 30, 2021, the Company transferred $118.0 million of Community Banking loans to held for sale. 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, 2021 and 2020, the Company originated $472.9 million of other consumer finance, SBA/USDA, and consumer credit product loans as held for sale and $63.4 million of SBA/USDA and consumer credit product loans as held for sale, respectively.

The Company sold held for sale loans resulting in proceeds of $694.1 million and gains on sale of $9.8 million during the nine months ended June 30, 2021. 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.

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)2021202020212020
Loans Purchased
Loans held for investment:
Total National Lending$46,153 $— $142,389 $103,888 
Total Community Banking403 2,728 3,250 16,518 
Total purchases$46,556 $2,728 $145,639 $120,406 
Loans Sold
Loans held for sale:
Total National Lending$118,132 $8,524 $464,378 $168,814 
Total Community Banking— — 232,979 271,681 
Loans held for investment:
Total Community Banking1,816 — 13,822 3,099 
Total sales$119,948 $8,524 $711,179 $443,594 

Leasing Portfolio. The net investment in direct financing and sales-type leases was comprised of the following:
(Dollars in Thousands)June 30, 2021September 30, 2020
Carrying amount$297,370 $299,487 
Unguaranteed residual assets14,770 17,203 
Unamortized initial direct costs520 2,078 
Unearned income(29,200)(35,606)
Total net investment in direct financing and sales-type leases$283,460 $283,162 

The carrying amount of direct financing and sales-type leases subject to residual value guarantees was $5.0 million at June 30, 2021.
The components of total lease income were as follows:
Three Months Ended June 30,Nine Months Ended June 30,
(Dollars in Thousands)2021202020212020
Interest income - loans and leases
Interest income on net investments in direct financing and sales-type leases$6,344 $4,496 $17,779 $12,958 
Leasing and equipment finance noninterest income
Lease income from operating lease payments10,047 11,391 29,824 33,857 
Profit (loss) recorded on commencement date on sales-type leases85 103 215 590 
Other(1)
901 554 2,657 3,135 
Total leasing and equipment finance noninterest income11,033 12,048 32,696 37,582 
Total lease income$17,377 $16,544 $50,475 $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)June 30, 2021
Remaining in 2021$28,766 
2022108,161 
202380,606 
202448,993 
202522,798 
Thereafter8,046 
Equipment under leases not yet commenced— 
Total undiscounted future minimum lease payments receivable for direct financing and sales-type leases297,370 
Third-party residual value guarantees— 
Total carrying amount of direct financing and sales-type lease$297,370 

The Company did not record any contingent rental income from direct financing and sales-type leases in the nine months ended June 30, 2021.

The COVID-19 pandemic began impacting the U.S. and global economies in the first calendar quarter of 2020, with significant deterioration of macroeconomic conditions and markets into 2021. Although macroeconomic conditions and markets have improved since the beginning of 2021, the ultimate impact of this pandemic on the Company's loan and lease portfolio is difficult to predict. Management continues to evaluate the loan and lease portfolio in order to assess the impact on repayment sources and underlying collateral that could result in additional losses and the impact to our customers and businesses as a result of COVID-19 and will refine our estimate as more information becomes available.

Effective October 1, 2020, the Company adopted ASU 2016-13, Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, and subsequent related ASUs on a modified retrospective basis. Financial information at and for the quarter ended June 30, 2021 is reflected as such. The historical information disclosed is in accordance with Topic 310.
Activity in the allowance for credit losses and balances of loans and leases by portfolio segment was as follows:
Three Months Ended June 30, 2021
(Dollars in Thousands)Beginning Balance
Provision (Recovery) for Credit Losses(2)
Charge-offsRecoveriesEnding Balance
Allowance for credit losses:
National Lending
Term lending $27,315 $1,199 $(1,998)$515 $27,031 
Asset based lending1,749 21 — 212 1,982 
Factoring3,210 33 1 17 3,261 
Lease financing6,863 842 (916)130 6,919 
Insurance premium finance1,326 (1,200)(120)1,583 1,589 
SBA/USDA3,300 (171)— — 3,129 
Other commercial finance541 183 — — 724 
Commercial finance44,304 907 (3,033)2,457 44,635 
Consumer credit products990 21 — — 1,011 
Other consumer finance10,093 (180)(2,327)57 7,643 
Consumer finance11,083 (159)(2,327)57 8,654 
Tax services29,146 4,685 (9,505)17 24,343 
Warehouse finance332 — — — 332 
Total National Lending84,865 5,433 (14,865)2,531 77,964 
Community Banking
Commercial real estate and operating13,965 (767)— — 13,198 
Consumer one-to-four family real estate and other17 (13)— — 4 
Agricultural real estate and operating45 (3)— — 42 
Total Community Banking14,027 (783)— — 13,244 
Total loans and leases98,892 4,650 (14,865)2,531 91,208 
Unfunded commitments(1)
779 (38)— — 741 
Total$99,671 $4,612 $(14,865)$2,531 $91,949 
(1) Reserve for unfunded commitments is recognized within other liabilities on the Condensed Consolidated Statements of Financial Condition.
(2) As a result of the adoption of CECL, effective October 1, 2020, the provision for credit losses includes the provision for unfunded commitments that was previously included within other noninterest expense.
Nine Months Ended June 30, 2021
(Dollars in Thousands)Beginning BalanceImpact of CECL Adoption
Provision (Recovery) for Credit Losses(2)
Charge-offsRecoveriesEnding Balance
Allowance for credit losses:
National Lending
Term lending$15,211 $9,999 $8,621 $(7,787)$987 $27,031 
Asset based lending1,406 164 1,399 (1,199)212 1,982 
Factoring3,027 987 (1,928)— 1,175 3,261 
Lease financing7,023 (556)2,375 (2,264)341 6,919 
Insurance premium finance2,129 (965)(609)(925)1,959 1,589 
SBA/USDA940 2,720 (532)— 1 3,129 
Other commercial finance182 364 178 — — 724 
Commercial finance29,918 12,713 9,504 (12,175)4,675 44,635 
Consumer credit products845 — 166 — — 1,011 
Other consumer finance2,821 5,998 1,568 (2,964)220 7,643 
Consumer finance3,666 5,998 1,734 (2,964)220 8,654 
Tax services2 — 32,819 (9,505)1,027 24,343 
Warehouse finance294 (1)39 — — 332 
Total National Lending33,880 18,710 44,096 (24,644)5,922 77,964 
Community Banking
Commercial real estate and operating21,867 (5,616)(2,909)(144)— 13,198 
Consumer one-to-four family real estate and other298 (247)(47)— — 4 
Agricultural real estate and operating143 (74)(27)— — 42 
Total Community Banking22,308 (5,937)(2,983)(144)— 13,244 
Total loans and leases56,188 12,773 41,113 (24,788)5,922 91,208 
Unfunded commitments(1)
32 831 (122)— — 741 
Total$56,220 $13,604 $40,991 $(24,788)$5,922 $91,949 
(1) Reserve for unfunded commitments is recognized within other liabilities on the Condensed Consolidated Statements of Financial Condition.
(2) As a result of the adoption of CECL, effective October 1, 2020, the provision for credit losses includes the provision for unfunded commitments that was previously included within other noninterest expense.
Three Months Ended June 30, 2020
(Dollars in Thousands)Beginning BalanceProvision (Recovery) for Loan and Lease LossesCharge-offsRecoveriesEnding Balance
Allowance for loan and lease losses:
National Lending
Term lending$11,647 $5,672 $(2,831)$25 $14,513 
Asset based lending2,826 (953)(42)— 1,831 
Factoring4,444 (1,997)(140)362 2,669 
Lease financing2,683 4,293 (357)91 6,710 
Insurance premium finance2,142 596 (736)367 2,369 
SBA/USDA1,558 716 (1,134)— 1,140 
Other commercial finance552 (381)— — 171 
Commercial finance25,852 7,946 (5,240)845 29,403 
Consumer credit products1,082 (111)— — 971 
Other consumer finance3,414 358 (567)44 3,249 
Consumer finance4,496 247 (567)44 4,220 
Tax services21,320 (100)(9,797)14 11,437 
Warehouse finance334 (56)— — 278 
Total National Lending52,002 8,037 (15,604)903 45,338 
Community Banking
Commercial real estate and operating10,069 6,688 — — 16,757 
Consumer one-to-four family real estate and other2,350 586 — — 2,936 
Agricultural real estate and operating934 (218)— — 716 
Total Community Banking13,353 7,056 — — 20,409 
Total$65,355 $15,093 $(15,604)$903 $65,747 

Nine Months Ended June 30, 2020
(Dollars in Thousands)Beginning balanceProvision (recovery) for loan and lease lossesCharge-offsRecoveriesEnding balance
Allowance for loan and lease losses:
National Lending
Term lending $5,533 $14,753 $(6,003)$230 $14,513 
Asset based lending2,437 (611)(42)47 1,831 
Factoring3,261 (509)(875)792 2,669 
Lease financing1,275 5,841 (725)319 6,710 
Insurance premium finance1,024 2,671 (1,809)483 2,369 
SBA/USDA383 2,007 (1,250)— 1,140 
Other commercial finance683 (512)— — 171 
Commercial finance14,596 23,640 (10,704)1,871 29,403 
Consumer credit products1,044 (73)— — 971 
Other consumer finance5,118 (474)(2,208)813 3,249 
Consumer finance6,162 (547)(2,208)813 4,220 
Tax services— 20,407 (9,797)827 11,437 
Warehouse finance263 15 — — 278 
Total National Lending21,021 43,515 (22,709)3,511 45,338 
Community Banking
Commercial real estate and operating6,208 10,549 — — 16,757 
Consumer one-to-four family real estate and other1,053 1,883 — — 2,936 
Agricultural real estate and operating867 (151)— — 716 
Total Community Banking8,128 12,281 — — 20,409 
Total$29,149 $55,796 $(22,709)$3,511 $65,747 
The following table provide additional disclosures previously required by ASC Topic 310 related to the Company's September 30, 2020 balances.
AllowanceLoans and Leases
(Dollars in Thousands)Ending Balance: Individually Evaluated for ImpairmentEnding Balance: Collectively Evaluated for ImpairmentTotalEnding Balance: Individually Evaluated for ImpairmentEnding Balance: Collectively Evaluated for ImpairmentTotal
Recorded Investment
National Lending
Term lending$3,155 $12,056 $15,211 $26,085 $779,238 $805,323 
Asset based lending355 1,051 1,406 5,317 177,102 182,419 
Factoring274 2,753 3,027 5,071 276,102 281,173 
Lease financing1,194 5,829 7,023 4,697 276,387 281,084 
Insurance premium finance— 2,129 2,129 — 337,940 337,940 
SBA/USDA— 940 940 1,436 316,951 318,387 
Other commercial finance— 182 182 — 101,658 101,658 
Commercial finance4,978 24,940 29,918 42,606 2,265,378 2,307,984 
Consumer credit products— 845 845 — 89,809 89,809 
Other consumer finance— 2,821 2,821 1,987 132,355 134,342 
Consumer finance— 3,666 3,666 1,987 222,164 224,151 
Tax services— 2 2 — 3,066 3,066 
Warehouse finance— 294 294 — 293,375 293,375 
Total National Lending4,978 28,902 33,880 44,593 2,783,983 2,828,576 
Community Banking
Commercial real estate and operating141 21,726 21,867 160 457,211 457,371 
Consumer one-to-four family real estate and other— 298 298 104 16,382 16,486 
Agricultural real estate and operating— 143 143 6,421 5,286 11,707 
Total Community Banking141 22,167 22,308 6,685 478,879 485,564 
Total$5,119 $51,069 $56,188 $51,278 $3,262,862 $3,314,140 

Information on impaired loans and leases, all of which are deemed to be collateral dependent and are evaluated individually for the ACL was as follows:
(Dollars in Thousands)June 30, 2021
National Lending
Term lending$25,994 
Asset based lending— 
Factoring1,232 
Lease financing2,946 
SBA/USDA600 
Commercial finance30,772 
Consumer credit products2,197 
Consumer finance2,197 
Total National Lending32,969 
Community Banking
Commercial real estate and operating17,896 
Consumer one-to-four family real estate and other110 
Agricultural real estate and operating4,657 
Total Community Banking22,663 
Total$55,632 
Information on impaired loans and leases as of September 30, 2020 was as follows:
(Dollars in Thousands)Recorded
Balance		Unpaid Principal
Balance		Specific
Allowance
Loans and leases without a specific valuation allowance
National Lending
Term lending$17,349 $18,823 $— 
Asset based lending3,914 3,914 — 
Factoring3,892 4,967 — 
Lease financing1,797 1,805 — 
SBA/USDA1,436 2,263 — 
Commercial finance28,388 31,772 — 
Other consumer finance1,987 2,104 — 
Consumer finance1,987 2,104 — 
Total National Lending30,375 33,876 — 
Community Banking
Consumer one-to-four family real estate and other104 104 — 
Agricultural real estate and operating6,421 6,421 — 
Total Community Banking6,525 6,525 — 
Total$36,900 $40,401 $— 
Loans and leases with a specific valuation allowance
National Lending
Term lending$8,736 $8,736 $3,155 
Asset based lending1,403 1,403 355 
Factoring1,179 1,191 274 
Lease financing2,900 2,900 1,194 
Commercial finance14,218 14,230 4,978 
Total National Lending14,218 14,230 4,978 
Community Banking
Commercial real estate and operating160 160 141 
Total Community Banking Loans160 160 141 
Total$14,378 $14,390 $5,119 
In response to the ongoing COVID-19 pandemic, the Company allowed modifications, such as payment deferrals and temporary forbearances, 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, 2021, $41.5 million of loan and lease balances that were granted deferral payments by the Company were still in their deferment period 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. Other than the loan modifications that are on nonaccrual status, the Company is accruing and recognizing interest income on these modifications during the payment deferral period. The Company continues to regularly assess the collectability of the income on these active deferral relationships and considers adjustments to the accruing status on an individual case basis.

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 allowable Allowance for Credit Losses.

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 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 credit losses on these portfolios, and as such, these loans are not included in the asset classification table below. The outstanding balances of consumer finance loans and tax services loans were $227.8 million and $41.3 million at June 30, 2021, respectively, and $224.2 million and $3.1 million at September 30, 2020, respectively. The amortized cost basis of loans and leases by asset classification and year of origination was as follows:
Amortized Cost Basis
(Dollars in Thousands)Term Loans and Leases by Origination YearRevolving Loans and LeasesTotal
As of June 30, 202120212020201920182017Prior
Term lending
Pass$310,845 $333,608 $119,271 $62,381 $4,217 $5,433 $— $835,755 
Watch6,568 9,609 5,821 450 43 1,397 — 23,888 
Special Mention595 3,934 6,579 1,026 35 1,241 — 13,410 
Substandard7,732 8,347 19,708 4,347 162 359 — 40,655 
Doubtful71 1,207 4,982 311 — — — 6,571 
Total325,811 356,705 156,361 68,515 4,457 8,430 — 920,279 
Asset based lending
Pass— — — — — — 162,787 162,787 
Watch— — — — — — 66,290 66,290 
Special Mention— — — — — — 19,253 19,253 
Substandard— — — — — — 14,907 14,907 
Total— — — — — — 263,237 263,237 
Factoring
Pass— — — — — — 278,665 278,665 
Watch— — — — — — 19,261 19,261 
Special Mention— — — — — — 11,853 11,853 
Substandard— — — — — — 10,850 10,850 
Total— — — — — — 320,629 320,629 
Lease financing
Pass87,134 118,080 38,073 10,010 4,766 687 — 258,750 
Watch4,574 10,358 490 349 253 197 — 16,221 
Special Mention1,119 558 114 206 39 — — 2,036 
Substandard— 571 3,961 844 36 156 — 5,568 
Doubtful— 133 167 65 — 365 
Total92,827 129,700 42,805 11,474 5,094 1,040 — 282,940 
Insurance premium finance
Pass411,729 5,080 14 — — — — 416,823 
Watch421 34 — — — — — 455 
Special Mention72 11 — — — — — 83 
Substandard16 45 — — — — — 61 
Doubtful187 43 — — — — — 230 
Total412,425 5,213 14 — — — — 417,652 
SBA/USDA
Pass108,286 80,971 23,094 22,268 8,066 4,222 — 246,907 
Watch— 926 822 2,272 935 — 4,955 
Special Mention6,755 675 1,803 — — — 9,233 
Substandard1,196 695 723 — 2,614 
Total108,286 87,726 24,695 26,089 11,033 5,880 — 263,709 
Other commercial finance
Pass19,070 17,525 9,387 6,277 3,579 59,273 — 115,111 
Watch556 — — — 847 1,292 — 2,695 
Substandard— — — 275 — — — 275 
Total19,626 17,525 9,387 6,552 4,426 60,565 — 118,081 
Warehouse finance
Pass— — — — — — 335,704 335,704 
Total— — — — — — 335,704 335,704 
Total National Lending
Pass937,063 555,264 189,839 100,936 20,628 69,614 777,156 2,650,500 
Watch12,120 20,001 7,237 1,621 3,415 3,820 85,551 133,765 
Special Mention1,786 11,258 7,368 3,035 76 1,241 31,106 55,870 
Substandard7,748 8,963 23,669 6,662 893 1,238 25,757 74,930 
Doubtful258 1,383 5,149 376 — — — 7,166 
Total958,975 596,869 233,262 112,630 25,012 75,913 919,570 2,922,231 
Commercial real estate and operating
Pass— 13,841 85,971 63,844 27,728 528 — 191,912 
Watch— 924 3,128 10,952 15,834 2,656 — 33,494 
Special Mention— — 224 13,681 — 669 — 14,574 
Substandard— 300 1,497 44,948 4,472 3,613 — 54,830 
Total— 15,065 90,820 133,425 48,034 7,466 — 294,810 
Consumer 1-4 family real estate and other
Pass— — 157 234 368 355 — 1,114 
Substandard— — 108 — — 127 — 235 
Total— — 265 234 368 482 — 1,349 
Agricultural real estate and other
Pass— — — 108 — 2,586 — 2,694 
Substandard— 3,277 — 1,263 — 591 — 5,131 
Total— 3,277 — 1,371 — 3,177 — 7,825 
Total Community Bank
Pass— 13,841 86,128 64,185 28,097 3,469 — 195,720 
Watch— 924 3,128 10,952 15,834 2,656 — 33,494 
Special Mention— — 224 13,681 — 669 — 14,574 
Substandard— 3,577 1,605 46,212 4,471 4,331 — 60,196 
Total— 18,342 91,085 135,030 48,402 11,125 — 303,984 
Total Loans and Leases
Pass937,063 569,104 275,967 165,121 48,725 73,084 777,156 2,846,220 
Watch12,120 20,925 10,365 12,573 19,249 6,476 85,551 167,259 
Special Mention1,786 11,258 7,592 16,717 76 1,909 31,106 70,444 
Substandard7,748 12,541 25,274 52,873 5,364 5,569 25,757 135,126 
Doubtful258 1,383 5,149 376 — — — 7,166 
Total$958,975 $615,211 $324,347 $247,660 $73,414 $87,038 $919,570 $3,226,215 
The recorded investment of loans and leases by asset classification was as follows:
Asset ClassificationPassWatchSpecial MentionSubstandardDoubtfulTotal
As of September 30, 2020(Dollars in Thousands)
National Lending
Term lending$725,101 $29,637 $24,501 $21,249 $4,835 $805,323 
Asset based lending102,013 62,512 12,577 5,317 — 182,419 
Factoring217,245 45,200 13,657 5,071 — 281,173 
Lease financing264,700 8,879 2,808 4,148 549 281,084 
Insurance premium finance336,364 284 222 701 369 337,940 
SBA/USDA308,549 8,328 74 1,436 — 318,387 
Other commercial finance100,727 931 — — — 101,658 
Commercial finance2,054,699 155,771 53,839 37,922 5,753 2,307,984 
Warehouse finance293,375 — — — — 293,375 
Total National Lending2,348,074 155,771 53,839 37,922 5,753 2,601,359 
Community Banking
Commercial real estate and operating336,236 98,295 4,049 18,211 580 457,371 
Consumer one-to-four family real estate and other15,648 41 609 188 — 16,486 
Agricultural real estate and operating1,526 — 4,930 5,251 — 11,707 
Total Community Banking353,410 98,336 9,588 23,650 580 485,564 
Total loans and leases$2,701,484 $254,107 $63,427 $61,572 $6,333 $3,086,923 
Past due loans and leases were as follows:
Accruing and Nonaccruing Loans and LeasesNonperforming Loans and Leases
(Dollars in Thousands)30-59 Days
Past Due		60-89 Days
Past Due		>
89 Days Past Due		Total Past
Due		CurrentTotal Loans and Leases
Receivable		> 89 Days Past Due and AccruingNon-accrual balanceTotal
As of June 30, 2021
Loans held for sale$— $— $— $— $87,905 $87,905 $— $— $— 
National Lending
Term lending11,146 6,714 4,820 22,680 897,599 920,279 2,073 14,470 16,543 
Asset based lending— — — — 263,237 263,237 — — — 
Factoring— — — — 320,629 320,629 — 37 37 
Lease financing9,076 3,514 2,550 15,140 267,800 282,940 1,403 2,208 3,611 
Insurance premium finance552 422 874 1,848 415,804 417,652 874 — 874 
SBA/USDA1,343 — 600 1,943 261,766 263,709 — 600 600 
Other commercial finance— — — — 118,081 118,081 — — — 
Commercial finance22,117 10,650 8,844 41,611 2,544,916 2,586,527 4,350 17,315 21,665 
Consumer credit products843 1,009 525 2,377 204,642 207,019 469 — 469 
Other consumer finance— — — — 20,737 20,737 — — — 
Consumer finance843 1,009 525 2,377 225,379 227,756 469 — 469 
Tax services— 40,958 — 40,958 310 41,268 — — — 
Warehouse finance— — — — 335,704 335,704 — — — 
Total National Lending22,960 52,617 9,369 84,946 3,106,309 3,191,255 4,819 17,315 22,134 
Community Banking
Commercial real estate and operating11 — — 11 294,799 294,810 — 17,896 17,896 
Consumer one-to-four family real estate and other51 — — 51 1,298 1,349 — 108 108 
Agricultural real estate and operating— — 1,769 1,769 6,056 7,825 — 1,769 1,769 
Total Community Banking62 — 1,769 1,831 302,153 303,984 — 19,773 19,773 
Total loans and leases held for investment23,022 52,617 11,138 86,777 3,408,462 3,495,239 4,819 37,088 41,907 
Total loans and leases$23,022 $52,617 $11,138 $86,777 $3,496,367 $3,583,144 $4,819 $37,088 $41,907 
Accruing and Nonaccruing Loans and LeasesNonperforming Loans and Leases
(Dollars in Thousands)30-59 Days
Past Due		60-89 Days
Past Due		>
89 Days Past Due		Total Past
Due		CurrentTotal Loans and Leases
Receivable		> 89 Days Past Due and AccruingNon-accrual balanceTotal
As of September 30, 2020
Loans held for sale$— $— $— $— $183,577 $183,577 $— $— $— 
National Lending
Term lending11,900 3,851 6,390 22,141 783,182 805,323 266 16,274 16,540 
Asset based lending17 — — 17 182,402 182,419 — — — 
Factoring— — — — 281,173 281,173 — 1,096 1,096 
Lease financing194 9,746 6,882 16,822 264,262 281,084 4,344 3,583 7,927 
Insurance premium finance1,227 748 2,364 4,339 333,601 337,940 2,364 — 2,364 
SBA/USDA— — 1,027 1,027 317,360 318,387 427 600 1,027 
Other commercial finance— — — — 101,658 101,658 — — — 
Commercial finance13,338 14,345 16,663 44,346 2,263,638 2,307,984 7,401 21,553 28,954 
Consumer credit products377 358 499 1,233 88,576 89,809 499 — 499 
Other consumer finance600 536 373 1,509 132,833 134,342 373 — 373 
Consumer finance977 894 872 2,743 221,408 224,151 872 — 872 
Tax services— — 1,743 1,743 1,323 3,066 1,743 — 1,743 
Warehouse finance— — — — 293,375 293,375 — — — 
Total National Lending14,315 15,239 19,278 48,832 2,779,744 2,828,576 10,016 21,553 31,569 
Community Banking
Commercial real estate and operating— — 630 630 456,741 457,371 50 580 630 
Consumer one-to-four family real estate and other905 114 50 1,069 15,417 16,486 — 50 50 
Agricultural real estate and operating— — 1,769 1,769 9,938 11,707 — 1,769 1,769 
Total Community Banking905 114 2,449 3,468 482,096 485,564 50 2,399 2,449 
Total loans and leases held for investment15,220 15,353 21,727 52,300 3,261,840 3,314,140 10,066 23,952 34,018 
Total loans and leases$15,220 $15,353 $21,727 $52,300 $3,445,417 $3,497,717 $10,066 $23,952 $34,018 
Nonaccrual loans and leases by year of origination were as follows:
Amortized Cost Basis
(Dollars in Thousands)Term Loans and Leases by Origination YearRevolving Loans and LeasesTotalNonaccrual With No ACL
June 30, 202120212020201920182017Prior
National Lending
Term lending$20 $2,506 $6,862 $2,865 $147 $2,070 $— $14,470 $7,558 
Asset based lending— — — — — — — — — 
Factoring— — 13 — — 24 — 37 37 
Lease financing248 1,519 276 9 156 — 2,208 824 
SBA/USDA600 — — 600 600 
Commercial finance20 2,754 8,394 3,141 756 2,250 — 17,315 9,019 
Total National Lending20 2,754 8,394 3,141 756 2,250 — 17,315 9,019 
Community Banking
Commercial real estate and operating— 300 700 16,896 — — — 17,896 — 
Consumer one-to-four family real estate and other— — 108 — — — — 108 108 
Agricultural real estate and operating— — — 1,263 — 506 — 1,769 1,769 
Total Community Banking— 300 808 18,159 — 506 — 19,773 1,877 
Total nonaccrual loans and leases$20 $3,054 $9,202 $21,300 $756 $2,756 $— $37,088 $10,896 

Loans and leases that are 90 days or more delinquent and accruing by year of origination were as follows:
Amortized Cost Basis
(Dollars in Thousands)Term Loans and Leases by Origination YearRevolving Loans and LeasesTotal
June 30, 202120212020201920182017Prior
National Lending
Term lending$1,142 $685 $36 $196 $14 $— $— $2,073 
Lease financing356 426 223 372 26 — — 1,403 
Insurance premium finance769 105 — — — — — 874 
Commercial finance2,267 1,216 259 568 40 — — 4,350 
Other consumer finance— — — — — 383 — 383 
Consumer finance (1)
— — — — — 383 — 383 
Total National Lending2,267 1,216 259 568 40 383 — 4,733 
Total 90 days or more delinquent and accruing$2,267 $1,216 $259 $568 $40 $383 $— $4,733 
(1) Consumer credit products are not included in the table as they are evaluated under a separate methodology for allowance for credit loss purposes that considers the overall Program structure. Refer to the Company’s most recent audited financial statements for additional information on these Programs.

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.
The following table provides the average recorded investment in non-accrual loans and leases:
Average Recorded Investment
(Dollars in Thousands)Three Months Ended June 30, 2021Nine Months Ended June 30, 2021
National Lending
Term lending$14,964 $14,190 
Asset based lending127 591 
Factoring33 337 
Lease financing2,435 2,994 
SBA/USDA600 600 
Commercial finance18,159 18,712 
Total National Lending18,159 18,712 
Community Banking
Commercial real estate and operating17,896 14,235 
Consumer one-to-four family real estate and other136 140 
Agricultural real estate and operating1,769 1,769 
Total Community Banking19,801 16,144 
Total loans and leases$37,960 $34,856 

The recognized interest income on the Company's nonaccrual loans and leases for the three and nine months ended June 30, 2021 was not significant.

The following table provides the average recorded investment in impaired loans and leases:
Three Months Ended June 30, 2020Nine Months Ended June 30, 2020
(Dollars in Thousands)Average Recorded InvestmentRecognized Interest IncomeAverage Recorded InvestmentRecognized Interest Income
National Lending
Term lending$28,848 $121 $24,946 $240 
Asset based lending935 — 571 — 
Factoring4,715 — 4,387 — 
Lease financing2,946 2 2,929 14 
SBA/USDA3,162 — 3,530 — 
Commercial finance40,606 123 36,363 254 
Other consumer finance1,999 37 1,775 111 
Consumer finance1,999 37 1,775 111 
Total National Lending42,605 160 38,138 365 
Community Banking
Commercial real estate and operating405 1 511 27 
Consumer one-to-four family real estate and other131 — 101 9 
Agricultural real estate and operating2,437 10 2,677 (134)
Total Community Banking2,973 11 3,289 (98)
Total loans and leases$45,578 $171 $41,427 $267 

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 $3.9 million of national lending loans that were modified in a TDR during the three months ended June 30, 2021, all of which were modified to extend the term of the loan, and no community banking loans. There were $1.4 million of national lending loans and leases that were modified in a TDR during the three months ended June 30, 2020 and no community banking loans.
During the nine months ended June 30, 2021, there were $6.0 million of national lending loans that were modified in a TDR, all of which were modified to extend the term of the loan, and no community bank loans. There were $5.5 million of national lending loans and leases and $0.6 million of community banking loans that were modified in a TDR during the nine months ended June 30, 2020.

During the nine months ended June 30, 2021, the Company had $0.6 million of national lending loans and no community banking 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, 2020, the Company had $3.3 million of community banking loans and $1.3 million 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 credit losses were insignificant during the quarters ended June 30, 2021 and June 30, 2020.
v3.21.2
EARNINGS PER COMMON SHARE ("EPS")
 9 Months Ended
Jun. 30, 2021
Earnings Per Share [Abstract]  
EARNINGS PER COMMON SHARE ("EPS") EARNINGS PER COMMON SHARE ("EPS")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 under the two-class method. Basic earnings per common share is computed using the two-class method 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 is calculated using the more dilutive of the treasury stock method or the two-class method. 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, performance share units, and nonvested restricted stock, where applicable. Diluted EPS under the two-class method also considers the allocation of earnings to the participating securities. Antidilutive securities are disregarded in earnings per share calculations. Diluted EPS shown below reflects the two-class method, as diluted EPS under the two-class method was more dilutive than under the treasury stock method.
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,Nine Months Ended June 30,
(Dollars in Thousands, Except Share and Per Share Data)2021202020212020
Basic income per common share:
Net income attributable to Meta Financial Group, Inc.$38,701 $18,190 $125,805 $91,562 
Dividends and undistributed earnings allocated to participating securities(729)(432)(2,411)(2,097)
Basic net earnings available to common stockholders37,972 17,758 123,394 89,465 
Undistributed earnings allocated to nonvested restricted stockholders699 391 2,318 1,974 
Reallocation of undistributed earnings to nonvested restricted stockholders(699)(391)(2,316)(1,973)
Diluted net earnings available to common stockholders$37,972 $17,758 $123,396 $89,466 
Total weighted-average basic common shares outstanding31,320,893 33,794,154 31,880,653 35,180,068 
Effect of dilutive securities(1)
Stock options— 21,497 — 21,634 
Performance share units18,054 — 19,944 — 
Total effect of dilutive securities18,054 21,497 19,944 21,634 
Total weighted-average diluted common shares outstanding31,338,947 33,815,651 31,900,597 35,201,702 
Net earnings per common share:
Basic earnings per common share$1.21 $0.53 $3.87 $2.54 
Diluted earnings per common share(2)
$1.21 $0.53 $3.87 $2.54 
(1) Represents the effect of the assumed exercise of stock options and vesting of performance share units and restricted stock, as applicable, utilizing the treasury stock method.
(2) Excluded from the computation of diluted earnings per share for the three months ended June 30, 2021 and 2020, respectively, were 601,693 and 821,884 weighted average shares of nonvested restricted stock because their inclusion would be anti-dilutive. Excluded from the computation of diluted earnings per share for the nine months ended June 30, 2021 and 2020, respectively, were 622,954 and 824,809 weighted average shares of nonvested restricted stock because their inclusion would be anti-dilutive.
v3.21.2
RENTAL EQUIPMENT, NET
 9 Months Ended
Jun. 30, 2021
Property, Plant and Equipment [Abstract]  
RENTAL EQUIPMENT, NET RENTAL EQUIPMENT, NET
Rental equipment consists of the following:
(Dollars in Thousands)June 30, 2021September 30, 2020
Computers and IT networking equipment$16,878 $15,926 
Motor vehicles and other81,881 52,913 
Office furniture and equipment52,276 74,197 
Solar panels and equipment122,483 118,808 
Total273,518 261,844 
Accumulated depreciation(63,766)(57,601)
Unamortized initial direct costs1,616 1,721 
Net book value$211,368 $205,964 
Undiscounted future minimum lease payments expected to be received for operating leases were as follows:
(Dollars in Thousands)June 30, 2021
Remaining in 2021$9,517 
202231,311 
202327,132 
202419,511 
202513,704 
Thereafter20,303 
Total undiscounted future minimum lease payments receivable for operating leases$121,478 
v3.21.2
FORECLOSURED REAL ESTATE AND REPOSSESSED ASSETS
 9 Months Ended
Jun. 30, 2021
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)20212020
Balance, beginning of period$9,957 $29,494 
Additions9 5,983 
Reductions:
Write-downs481 568 
Sales8,285 23,086 
(Gain) loss on sale(4)5,039 
Total reductions8,762 28,693 
Balance, ending of period$1,204 $6,784 

At June 30, 2021 and September 30, 2020, the Company had established a valuation allowance of $1.0 million and $0.5 million for repossessed assets, respectively. As of June 30, 2021 and September 30, 2020, the Company had no loans or leases in the process of foreclosure.

During the fiscal year ended September 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 consisted of 30-plus parcels of land and the Company recognized a $5.0 million loss that was included in the "Gain (loss) on sale of other" line on the Condensed 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.
v3.21.2
GOODWILL AND INTANGIBLE ASSETS
 9 Months Ended
Jun. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND INTANGIBLE ASSETS GOODWILL AND INTANGIBLE ASSETS
The Company held a total of $309.5 million of goodwill at June 30, 2021. 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. There have been no changes to the carrying amount of goodwill during the nine months ended June 30, 2021.
 
The changes in the carrying amount of the Company’s intangible assets for the nine months ended June 30, 2021 and 2020 were as follows:
(Dollars in Thousands)
Trademark(1)
Non-Compete(2)
Customer Relationships(3)
All Others(4)
Total
Balance as of September 30, 2020$10,901 $422 $24,333 $6,036 $41,692 
Acquisitions during the period— — — 14 14 
Amortization during the period(816)(286)(5,202)(480)(6,784)
Write-offs during the period— — — (24)(24)
Balance as of June 30, 2021$10,085 $136 $19,131 $5,546 $34,898 
Gross carrying amount$14,624 $2,481 $82,088 $10,131 $109,324 
Accumulated amortization(4,539)(2,345)(52,709)(4,367)(63,960)
Accumulated impairment— — (10,248)(218)(10,466)
Balance as of June 30, 2021$10,085 $136 $19,131 $5,546 $34,898 
(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
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.

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 2021 and subsequent fiscal years was as follows:

(Dollars in Thousands)June 30, 2021
Remaining in 2021$1,762 
20226,419 
20235,101 
20244,383 
20253,827 
20263,253 
Thereafter10,153 
Total anticipated intangible amortization$34,898 

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 nine months ended June 30, 2021 and 2020.
v3.21.2
OPERATING LEASE RIGHT OF USE ASSETS AND LIABILITIES
 9 Months Ended
Jun. 30, 2021
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 $35.4 million at June 30, 2021.

Operating lease liabilities, included in accrued expenses and other liabilities, were $37.6 million at June 30, 2021.

Undiscounted future minimum operating lease payments and a reconciliation to the amount recorded as operating lease liabilities were as follows:
(Dollars in Thousands)June 30, 2021
Remaining in 2021$1,232 
20224,687 
20234,180 
20244,152 
20254,027 
Thereafter24,926 
Total undiscounted future minimum lease payments 43,204 
Discount(5,652)
Total operating lease liabilities$37,552 

The weighted-average discount rate and remaining lease term for operating leases were as follows:
June 30, 2021
Weighted-average discount rate2.31 %
Weighted-average remaining lease term (years)11.00

The components of total lease costs for operating leases were as follows:
Three Months Ended June 30,Nine Months Ended June 30,
(Dollars in Thousands)2021202020212020
Lease expense$1,191 $920 $3,136 $2,533 
Short-term and variable lease cost35 118 167 452 
ROU asset impairment— — 224 — 
Sublease income(126)(188)(411)(552)
Total lease cost for operating leases$1,100 $850 $3,116 $2,433 
v3.21.2
STOCKHOLDERS' EQUITY
 9 Months Ended
Jun. 30, 2021
Equity [Abstract]  
STOCKHOLDERS' EQUITY STOCKHOLDERS' EQUITY
Repurchase of Common Stock
The Company's Board of Directors authorized the November 20, 2019 share repurchase program to repurchase up to 7,500,000 shares of the Company's outstanding common stock. This authorization is effective from November 21, 2019 through December 31, 2022. During the nine months ended June 30, 2021, and 2020, the Company repurchased 2,684,408 and 3,498,394 shares, respectively, as part of the share repurchase program.
Under the repurchase program, repurchased shares were retired and designated as authorized but unissued shares. The Company accounts for repurchased shares 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. As of June 30, 2021, the remaining number of shares available for repurchase under this program was 1,550,173 shares of common stock.
For the nine months ended June 30, 2021, and 2020, the Company also repurchased 84,950 and 89,613 shares, or $2.0 million and $3.0 million of common stock, respectively, in settlement of employee tax withholding obligations due upon the vesting of restricted stock.
v3.21.2
STOCK COMPENSATION
 9 Months Ended
Jun. 30, 2021
Share-based Payment Arrangement [Abstract]  
STOCK COMPENSATION 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, nonvested (restricted) shares, and performance share units ("PSUs") 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 and performance share units granted under the Company’s incentive plan is equal to the fair market value of the underlying stock at the grant date, adjusted for dividends where applicable. The Company has elected, with the adoption of ASU 2016-09, to record forfeitures as they occur.

The following tables show the activity of nonvested (restricted) shares and PSUs granted, vested, or forfeited under the 2002 Omnibus Incentive Plan for the nine months ended June 30, 2021. There were no options granted, exercised, or forfeited under this plan during the nine months ended June 30, 2021.
(Dollars in Thousands, Except Per Share Data)Number of SharesWeighted Average Fair Value at Grant
Nonvested shares outstanding, September 30, 2020
790,083 $30.03 
Granted189,187 30.78 
Vested(277,429)30.19 
Forfeited or expired(103,798)29.66 
Nonvested shares outstanding, June 30, 2021
598,043 $30.26 
(Dollars in Thousands, Except Per Share Data)Number of UnitsWeighted Average Fair Value at Grant
Performance share units outstanding, September 30, 2020
— $— 
Granted(1)
60,984 34.03 
Vested— — 
Forfeited or expired— — 
Performance share units outstanding, June 30, 2021
60,984 $34.03 
(1) The number of PSUs granted reflects the target number of PSUs able to be earned under a given award.

At June 30, 2021, stock-based compensation expense not yet recognized in income totaled $7.2 million, which is expected to be recognized over a weighted average remaining period of 2.01 years.
v3.21.2
INCOME TAXES
 9 Months Ended
Jun. 30, 2021
Income Tax Disclosure [Abstract]  
INCOME TAXES INCOME TAXESThe Company recorded an income tax expense of $9.6 million for the nine months ended June 30, 2021, resulting in an effective tax rate of 6.92%, compared to an income tax expense of $3.9 million, or an effective tax rate of 3.91%, for the nine months ended June 30, 2020. 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 2021. 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)20212020
Provision at statutory rate$28,435 $20,041 
Tax-exempt income(674)(936)
State income taxes6,120 4,475 
Interim period effective rate adjustment(5,181)(8,850)
Tax credit investments, net - federal(18,854)(9,863)
Research tax credit(323)(1,709)
IRC 162(m) nondeductible compensation677 1,250 
Other, net(600)(538)
Income tax expense$9,600 $3,870 
Effective tax rate6.92 %3.91 %
v3.21.2
COMMITMENTS AND CONTINGENCIES
 9 Months Ended
Jun. 30, 2021
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, 2021 and September 30, 2020, unfunded loan commitments approximated $1.32 billion and $1.22 billion, 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, 2021 or September 30, 2020. The Company had no commitments to sell securities at June 30, 2021 or September 30, 2020.

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.

Since certain commitments to make loans and to fund lines of credit 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 appealed the decision, but thereafter agreed to settle this claim for a nominal amount. This payment has been made and the case has been dismissed.
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. Following the trial court granting a Motion for Summary Judgment filed by the Bank, the parties have agreed to a formal settlement of this matter on terms acceptable to the Bank.

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.
v3.21.2
REVENUE FROM CONTRACTS WITH CUSTOMERS
 9 Months Ended
Jun. 30, 2021
Revenue from Contract with Customer [Abstract]  
REVENUE FROM CONTRACTS WITH CUSTOMERS 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)ConsumerCommercialCorporate Services/OtherConsolidated Company
Three Months Ended June 30,20212020202120202021202020212020
Net interest income(1)
$23,254 $25,754 $44,728 $36,104 $493 $279 $68,475 $62,137 
Noninterest income:
Refund transfer product fees12,073 4,595 — — — — 12,073 4,595 
Tax advance product fees(1)
891 28 — — — — 891 28 
Payment card and deposit fees29,203 21,302 — — — — 29,203 21,302 
Other bank and deposit fees— — 334 213 4 1 338 214 
Rental income(1)
6 5 9,970 11,226 — — 9,976 11,231 
Gain (loss) on sale of other(1)
— — 5,982 1,214 (27)— 5,955 1,214 
Other income(1)
1,056 324 1,702 1,267 1,259 873 4,017 2,464 
Total noninterest income 43,229 26,254 17,988 13,920 1,236 874 62,453 41,048 
Revenue$66,483 $52,008 $62,716 $50,024 $1,729 $1,153 $130,928 $103,185 
(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)ConsumerCommercialCorporate Services/OtherConsolidated Company
Nine Months Ended June 30,20212020202120202021202020212020
Net interest income(1)
$70,686 $58,473 $128,980 $112,866 $8,658 $23,186 $208,324 $194,525 
Noninterest income:
Refund transfer product fees35,400 33,726 — — — — 35,400 33,726 
Tax advance product fees(1)
47,413 31,840 — — — — 47,413 31,840 
Payment card and deposit fees81,641 65,957 — — — — 81,641 65,957 
Other bank and deposit fees— — 694 759 15 324 709 1,083 
Rental income(1)
16 14 29,691 33,354 — 1,314 29,707 34,682 
Net gain realized on investment securities(1)
— — — — 6 — 6 — 
Gain on divestitures(1)
— — — — — 19,275 — 19,275 
Gain (loss) on sale of other(1)
— (19)10,198 6,131 737 (5,143)10,935 969 
Other income(1)
2,135 2,709 6,511 4,178 6,904 4,625 15,550 11,512 
Total noninterest income166,605 134,227 47,094 44,422 7,662 20,395 221,361 199,044 
Revenue$237,291 $192,700 $176,074 $157,288 $16,320 $43,581 $429,685 $393,569 
(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, 2021 and September 30, 2020, 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 Condensed 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 Condensed 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 Condensed 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 Condensed Consolidated Statements of Operations as Meta is the agent in these contracts.
v3.21.2
SEGMENT REPORTING
 9 Months Ended
Jun. 30, 2021
Segment Reporting [Abstract]  
SEGMENT REPORTING 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.

The Company 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, as well as the Consumer Credit Products and ClearBalance business lines, are reported in the Consumer segment. The Crestmark and AFS divisions are reported in the Commercial segment. The Community Bank division, Warehouse Finance, and Student Loan lending portfolio are 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. The Company does not report indirect general and administrative expenses in the Consumer and Commercial segments. Beginning October 1, 2020, Warehouse Finance, formerly reported in the Consumer segment, is now included in the Corporate Services/Other segment. Prior periods have been reclassified to conform to the current presentation.
The Company adopted ASU 2018-02 as of October 1, 2020. The amendments in this ASU allow for a reclassification from AOCI to Retained Earnings for stranded tax effects from the Tax Cuts and Jobs Act of 2017 ("TCJA"). For the Company, these amendments are limited to any unrealized gains and losses held in Other Comprehensive Income for debt securities AFS held at the time of the TCJA enactment. The Company determined there were no stranded tax effects from the TCJA enactment and has not made any reclassification from AOCI to Retained Earnings upon adoption of this ASU.

The following tables present segment data for the Company:
Three Months Ended June 30, 2021
(Dollars in Thousands)ConsumerCommercial Corporate
Services/Other		Total
Net interest income$23,254 $44,728 $493 $68,475 
Provision (recovery) for credit losses4,507 870 (765)4,612 
Noninterest income43,229 17,988 1,236 62,453 
Noninterest expense20,561 28,604 32,358 81,523 
Income (loss) before income tax expense41,415 33,242 (29,864)44,793 
Total assets337,438 3,086,556 3,627,818 7,051,812 
Total goodwill87,145 222,360 — 309,505 
Total deposits5,715,197 8,941 164,733 5,888,871 

Three Months Ended June 30, 2020
(Dollars in Thousands)ConsumerCommercialCorporate
Services/Other		Total
Net interest income$25,754 $36,104 $279 $62,137 
Provision (recovery) for loan and lease losses(210)7,946 7,357 15,093 
Noninterest income26,254 13,920 874 41,048 
Noninterest expense15,282 26,729 29,230 71,241 
Income (loss) before income tax expense36,936 15,349 (35,434)16,851 
Total assets372,549 2,690,719 5,715,758 8,779,026 
Total goodwill87,145 222,360 — 309,505 
Total deposits6,767,516 9,243 813,566 7,590,325 

Nine Months Ended June 30, 2021
(Dollars in Thousands)ConsumerCommercialCorporate
Services/Other		Total
Net interest income$70,686 $128,980 $8,658 $208,324 
Provision (recovery) for credit losses34,893 9,540 (3,442)40,991 
Noninterest income166,605 47,094 7,662 221,361 
Noninterest expense68,912 83,601 97,555 250,068 
Income (loss) before income tax expense133,486 82,933 (77,793)138,626 
Total assets337,438 3,086,556 3,627,818 7,051,812 
Total goodwill87,145 222,360 — 309,505 
Total deposits5,715,197 8,941 164,733 5,888,871 
Nine Months Ended June 30, 2020
(Dollars in Thousands)ConsumerCommercialCorporate
Services/Other		Total
Net interest income$58,473 $112,866 $23,186 $194,525 
Provision for loan and lease losses20,334 23,641 11,821 55,796 
Noninterest income134,227 44,422 20,395 199,044 
Noninterest expense62,473 80,815 95,480 238,768 
Income (loss) before income tax expense109,893 52,832 (63,720)99,005 
Total assets372,549 2,690,719 5,715,758 8,779,026 
Total goodwill87,145 222,360 — 309,505 
Total deposits6,767,516 9,243 813,566 7,590,325 
v3.21.2
FAIR VALUE OF FINANCIAL INSTRUMENTS
 9 Months Ended
Jun. 30, 2021
Fair Value Disclosures [Abstract]  
FAIR VALUE OF FINANCIAL INSTRUMENTS FAIR VALUES OF FINANCIAL INSTRUMENTS
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.

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 value of debt securities available for sale, categorized primarily as Level 2, is recorded using prices obtained from independent asset pricing services that are based on observable transactions, but not quoted markets. Management reviews the prices obtained from independent asset pricing servicing for unusual fluctuations and comparison to current market trading activity.

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, 2021
(Dollars in Thousands)TotalLevel 1Level 2Level 3
Debt securities AFS    
SBA securities$169,185 $— $169,185 $— 
Obligations of states and political subdivisions2,766 — 2,766 — 
Non-bank qualified obligations of states and political subdivisions274,350 — 274,350 — 
Asset-backed securities407,722 — 407,722 — 
Mortgage-backed securities1,063,582 — 1,063,582 — 
Total debt securities AFS$1,917,605 $— $1,917,605 $— 
Common equities and mutual funds(1)
$3,324 $3,324 $— $— 
Non-marketable equity securities(2)
$4,724 $— $— $— 
(1) Equity securities at fair value are included within other assets on the Condensed Consolidated Statements of Financial Condition at June 30, 2021 and September 30, 2020.
(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, 2020
(Dollars in Thousands)TotalLevel 1Level 2Level 3
Debt securities AFS    
SBA securities$164,955 $— $164,955 $— 
Obligations of states and political subdivisions841 — 841 — 
Non-bank qualified obligations of states and political subdivisions323,774 — 323,774 — 
Asset-backed securities324,925 — 324,925 — 
Mortgage-backed securities453,607 — 453,607 — 
Total debt securities AFS$1,268,102 $— $1,268,102 $— 
Common equities and mutual funds(1)
$2,969 $2,969 $— $— 
Non-marketable equity securities(2)
$2,784 $— $— $— 
(1) Equity securities at fair value are included within other assets on the Condensed Consolidated Statements of Financial Condition at June 30, 2021 and September 30, 2020.
(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 individually evaluated for risk of credit loss and repayment is expected to be solely provided by the values of the underlying collateral, the Company measures fair value on a nonrecurring basis. Fair value is determined by the fair value of the underlying collateral less estimated costs to sell. The fair value of the collateral is determined based on internal estimates and/or assessments provided by third-party appraisers and the valuation relies on discount rates ranging from 4% to 90%.
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, 2021
(Dollars in Thousands)TotalLevel 1Level 2Level 3
Impaired loans and leases, net    
Commercial finance$4,312 $— $— $4,312 
Total National Lending4,312 — — 4,312 
Commercial real estate and operating9,029 — — 9,029 
Total Community Banking9,029 — — 9,029 
     Total impaired loans and leases, net13,341 — — 13,341 
Foreclosed assets, net1,204 — — 1,204 
Total$14,545 $— $— $14,545 

 Fair Value At September 30, 2020
(Dollars in Thousands)TotalLevel 1Level 2Level 3
Impaired loans and leases, net    
Commercial finance$9,240 $— $— $9,240 
Total National Lending9,240 — — 9,240 
Commercial real estate and operating20 — — 20 
Total Community Banking20 — — 20 
     Total impaired loans and leases, net9,260 — — 9,260 
Foreclosed assets, net9,957 — — 9,957 
Total$19,217 $— $— $19,217 

 Quantitative Information About Level 3 Fair Value Measurements
(Dollars in Thousands)
Fair Value at
June 30, 2021
Fair Value at
September 30, 2020
Valuation
Technique		Unobservable InputRange of Inputs
Impaired loans and leases, net$13,341 9,260 Market approach
Appraised values(1)
4% - 90%
Foreclosed assets, net$1,204 9,957 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 90%.

Management discloses the estimated fair value of financial instruments, including assets and liabilities on and off the Condensed Consolidated Statements of Financial Condition, for which it is practicable to estimate fair value. These fair value estimates were made at June 30, 2021 and September 30, 2020 based on relevant market information and information about financial instruments. Fair value estimates are intended to represent the price at which an asset could be sold or a liability could be settled. However, since there is no active market for certain financial instruments of the Company, the estimates of fair value are subjective in nature, involve uncertainties, and include matters of significant judgment. Changes in assumptions as well as tax considerations could significantly affect the estimated values. Accordingly, 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.
The following tables present the carrying amount and estimated fair value of the financial instruments held by the Company:
 June 30, 2021
(Dollars in Thousands)Carrying
Amount		Estimated
Fair Value		Level 1Level 2Level 3
Financial assets
Cash and cash equivalents$720,243 $720,243 $720,243 $— $— 
Debt securities available for sale1,917,605 1,917,605 — 1,917,605 — 
Debt securities held to maturity64,247 65,421 — 65,421 — 
Common equities and mutual funds(1)
3,324 3,324 3,324 — — 
Non-marketable equity securities(1)(2)
19,474 19,474 — 14,750 — 
Loans held for sale87,905 87,905 — 87,905 — 
Loans and leases receivable3,495,239 3,498,673 — — 3,498,673 
Federal Reserve Bank and Federal Home Loan Bank stocks28,433 28,433 — 28,433 — 
Accrued interest receivable16,230 16,230 16,230 — — 
Financial liabilities
Deposits5,888,871 5,888,971 5,851,452 37,519 — 
Other short- and long-term borrowings93,634 94,979 — 94,979 — 
Accrued interest payable1,853 1,853 1,853 — — 
(1) Equity securities at fair value are included within other assets on the Condensed Consolidated Statements of Financial Condition at June 30, 2021.
(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, 2020
(Dollars in Thousands)Carrying
Amount		Estimated
Fair Value		Level 1Level 2Level 3
Financial assets
Cash and cash equivalents$427,367 $427,367 $427,367 $— $— 
Debt securities available for sale1,268,102 1,268,102 — 1,268,102 — 
Debt securities held to maturity92,610 93,745 — 93,745 — 
Common equities and mutual funds(1)
2,969 2,969 2,969 — — 
Non-marketable equity securities(1)(2)
14,784 14,784 — 12,000 — 
Loans held for sale183,577 183,577 — 183,577 — 
Loans and leases receivable3,314,140 3,307,037 — — 3,307,037 
Federal Reserve Bank and Federal Home Loan Bank stocks27,138 27,138 — 27,138 — 
Accrued interest receivable16,628 16,628 16,628 — — 
Financial liabilities
Deposits4,979,200 4,980,073 4,705,028 275,045 — 
Other short- and long-term borrowings98,224 100,185 — 100,185 — 
Accrued interest payable1,923 1,923 1,923 — — 
(1) Equity securities at fair value are included within other assets on the Condensed Consolidated Statements of Financial Condition at September 30, 2020.
(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.
v3.21.2
SUBSEQUENT EVENTS
 9 Months Ended
Jun. 30, 2021
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS SUBSEQUENT EVENTSManagement has evaluated subsequent events that occurred after June 30, 2021. During this period, up to the filing date of this Quarterly Report on Form 10-Q, management did not identify any material subsequent events that would require recognition or disclosure in our Condensed Consolidated Financial Statements as of or for the quarter ended June 30, 2021.
v3.21.2
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND RECENTLY ADOPTED ACCOUNTING STANDARDS UPDATES ("ASU") (Policies)
 9 Months Ended
Jun. 30, 2021
Accounting Policies [Abstract]  
Adopted ASUs
Adopted ASUs
Effective October 1, 2020, the Company adopted ASU 2016-13, Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, and subsequent related ASUs (collectively “Topic 326”), which changes the impairment model for most financial assets, including trade and other receivables, debt securities held-to-maturity, loans, net investments in leases, purchased financial assets with credit deterioration, and off-balance sheet credit exposures. ASU 2016-13 requires the use of a current expected credit loss (“CECL”) methodology to determine the allowance for credit losses for loans and debt securities held-to-maturity. CECL requires loss estimates for the remaining estimated life of the assets to be measured using historical loss data, adjustments for current conditions, and adjustments for reasonable and supportable forecasts of future economic conditions. The Company adopted CECL using the modified retrospective approach with a cumulative effect adjustment to Retained Earnings recorded on October 1, 2020.
Our adoption resulted in an ACL as of October 1, 2020 that is larger than the allowance for loan and lease losses (“ALLL”) that would have been recorded under legacy guidance on the same date by $12.8 million in total for all portfolios. A portion of this increase is a result of new requirements to record ACL on acquired loans and leases, regardless of any credit mark recorded. Under legacy guidance, credit marks were included in the determination of fair value adjustments reflected as a discount to the carrying value of the loans and leases and an ALLL was not recorded on acquired loans and leases until evidence of credit deterioration existed post acquisition. The remaining credit and interest mark will continue to accrete over the life of the loan or lease but will no longer be considered when estimating the ACL for acquired loans and leases under CECL. The adoption of CECL also resulted in an increase in the liability of unfunded commitments of $0.8 million. For other assets in scope of the standard such as held-to-maturity debt securities and trade and other receivables, the impact from this ASU was inconsequential. The cumulative tax effected adjustment to record ACL and to increase the unfunded commitments liability resulted in a reduction to retained earnings of $8.4 million along with $2.5 million attributable to noncontrolling interests. Post adoption, as loans and leases are added to the portfolio, the Company expects higher levels of ACL determined by CECL assumptions, resulting in accelerated recognition of provision for credit losses, as compared to historical results. In response to the COVID-19 pandemic, regulatory agencies have published a final rule that provides the option to delay the cumulative effect of the day 1 impact to CECL adoption on regulatory capital for two years, followed by a three-year phase in period. Management has elected this five-year transition period consistent with the final rule. Additional and modified disclosure requirements under CECL are included in Note 5. Securities and Note 6. Loans and Leases, Net.

The Company also adopted the following ASUs on October 1, 2020, none of which had a material impact on the Company’s Condensed Consolidated Financial Statements:

–ASU 2018-13, Fair Value Measurement (Topic 820): Disclosure Framework – Changes to the Disclosure Requirements for Fair Value Measurement.
–ASU 2018-15, Intangibles – Goodwill and Other – Internal-Use Software (Subtopic 350-40): Customer's Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That is a Service Contract.
–ASU 2018-17, Consolidation (Topic 810) – Targeted Improvements to Related Party Guidance for Variable Interest Entities.

ASUs to be Adopted
ASU 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes. The amendments in this ASU are intended to simplify the accounting for income taxes by removing certain exceptions to the general rules found in Topic 740, Income Taxes. The majority of the amendments are to be applied on a prospective basis. This ASU is effective for fiscal years beginning after December 15, 2020. The Company is currently evaluating the impact of this guidance on the consolidated financial statements.

ASU 2020-01, Investments-Equity Securities (Topic 321), Investments-Equity Method and Joint Ventures (Topic 323), and Derivatives and Hedging (Topic 815): Clarifying Interactions between Topics 321, 323 and 815. This ASU clarifies the interactions between Topic 321, Topic 323 and Topic 815, including accounting for the transition into and out of the equity method and measuring certain purchased options and forward contracts to acquire investments. The amendments in this ASU are effective for fiscal years beginning after December 15, 2020. Management is currently evaluating the impact of this guidance on the consolidated financial statements.

ASU 2020-04, Reference Rate Reform (Topic 848) – Facilitation of the Effects of Reference Rate Reform on Financial Reporting. The amendments in this ASU provide optional expedients and exceptions to applying GAAP to contracts, hedging relationships and other transactions impacted by reference rate reform if certain criteria are met. The amendments include a one-time sale or transfer election of held-to-maturity debt securities impacted by reference rate reform. The amendments in this ASU are effective upon issuance through December 31, 2022. The Company is currently evaluating the impact of this guidance on the consolidated financial statements.

ASU 2020-08, Codification Improvements to Subtopic 310-20, Receivables – Nonrefundable Fees and Other Costs. This ASU clarifies that an entity should amortize any premium, if applicable, to the next call date, which is the first date when a call option at a specified price becomes exercisable. The amendments in this ASU are effective for fiscal years beginning after December 15, 2020. Management is currently evaluating the impact of this guidance on the consolidated financial statements.
ASU 2020-10, Codification Improvements. This ASU provides clarification, corrects unintended application of guidance, and makes minor improvements to various Topics that are not expected to have a significant impact on the Company’s current accounting policies and practices. Amendments within this ASU are effective for fiscal years beginning after December 15, 2020.
v3.21.2
SIGNIFICANT EVENTS (Tables)
 9 Months Ended
Jun. 30, 2021
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Active COVID Related Modifications
The table below presents the outstanding balances of active COVID-19 related modifications.
As of the Period Ended
(Dollars in Thousands)June 30, 2021March 31, 2021December 31, 2020
National Lending
Term lending$2,955 $5,460 $18,321 
Asset based lending— — 1,124 
Lease financing275 379 1,637 
Commercial finance3,230 5,839 21,082 
Consumer credit products19 301 1,210 
Other consumer finance1,609 1,627 2,682 
Consumer finance1,628 1,928 3,892 
Total National Lending4,858 7,767 24,974 
Community Banking
Commercial real estate and operating36,632 58,707 60,319 
Total Community Banking36,632 58,707 60,319 
Total loans and leases41,490 66,474 85,293 
Total COVID-19 related modifications$41,490 $66,474 $85,293 
v3.21.2
SECURITIES (Tables)
 9 Months Ended
Jun. 30, 2021
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.
Securities Available For Sale
(Dollars in Thousands)Amortized CostGross Unrealized GainsGross Unrealized (Losses)Fair
Value
At June 30, 2021
Debt securities AFS    
SBA securities$162,922 $6,263 $— $169,185 
Obligations of states and political subdivisions2,758 8 — 2,766 
Non-bank qualified obligations of states and political subdivisions267,031 7,423 (104)274,350 
Asset-backed securities405,857 2,760 (895)407,722 
Mortgage-backed securities1,059,321 9,866 (5,605)1,063,582 
Total debt securities AFS$1,897,889 $26,320 $(6,604)$1,917,605 
At September 30, 2020
Debt securities AFS    
SBA securities$159,722 $5,391 $(158)$164,955 
Obligations of states and political subdivisions825 16 — 841 
Non-bank qualified obligations of states and political subdivisions314,819 8,978 (23)323,774 
Asset-backed securities329,139 2,015 (6,229)324,925 
Mortgage-backed securities439,879 14,567 (839)453,607 
Total debt securities AFS$1,244,384 $30,967 $(7,249)$1,268,102 
Securities Held to Maturity
Securities Held To Maturity
(Dollars in Thousands)Amortized CostGross Unrealized GainsGross Unrealized (Losses)Fair
Value
At June 30, 2021
Debt securities HTM    
Non-bank qualified obligations of states and political subdivisions$60,228 $1,104 $(2)$61,330 
Mortgage-backed securities4,019 72 — 4,091 
Total debt securities HTM$64,247 $1,176 $(2)$65,421 
At September 30, 2020
Debt securities HTM    
Non-bank qualified obligations of states and political subdivisions$87,183 $1,040 $(29)$88,194 
Mortgage-backed securities5,427 124 — 5,551 
Total debt securities HTM$92,610 $1,164 $(29)$93,745 
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 loss position, were as follows:
LESS THAN 12 MONTHSOVER 12 MONTHSTOTAL
(Dollars in Thousands)Fair
Value		Gross Unrealized (Losses)Fair
Value		Gross Unrealized (Losses)Fair
Value		Gross Unrealized (Losses)
At June 30, 2021
Debt securities AFS
Non-bank qualified obligations of states and political subdivisions24,357 (104)— — 24,357 (104)
Asset-backed securities124,158 (234)94,726 (661)218,884 (895)
Mortgage-backed securities695,230 (4,207)55,415 (1,398)750,645 (5,605)
Total debt securities AFS$843,745 $(4,545)$150,141 $(2,059)$993,886 $(6,604)

LESS THAN 12 MONTHSOVER 12 MONTHSTOTAL
(Dollars in Thousands)Fair
Value		Gross Unrealized (Losses)Fair
Value		Gross Unrealized (Losses)Fair
Value		Gross Unrealized (Losses)
At September 30, 2020
Debt securities AFS
SBA securities$32,257 $(102)$9,875 $(56)$42,132 $(158)
Non-bank qualified obligations of states and political subdivisions6,265 (6)3,103 (17)9,368 (23)
Asset-backed securities106,474 (1,089)178,686 (5,140)285,160 (6,229)
Mortgage-backed securities138,338 (839)— — 138,338 (839)
Total debt securities AFS$283,334 $(2,036)$191,664 $(5,213)$474,998 $(7,249)
Schedule of Unrealized Loss on Investments, HTM
LESS THAN 12 MONTHSOVER 12 MONTHSTOTAL
(Dollars in Thousands)Fair
Value		Gross Unrealized (Losses)Fair
Value		Gross Unrealized (Losses)Fair
Value		Gross Unrealized (Losses)
At June 30, 2021
Debt securities HTM
Non-bank qualified obligations of states and political subdivisions2,859 (2)— — 2,859 (2)
Total debt securities HTM$2,859 $(2)$— $— $2,859 $(2)

LESS THAN 12 MONTHSOVER 12 MONTHSTOTAL
(Dollars in Thousands)Fair
Value		Gross Unrealized (Losses)Fair
Value		Gross Unrealized (Losses)Fair
Value		Gross Unrealized (Losses)
At September 30, 2020
Debt securities HTM
Non-bank qualified obligations of states and political subdivisions$7,397 $(9)$3,637 $(20)$11,034 $(29)
Total debt securities HTM$7,397 $(9)$3,637 $(20)$11,034 $(29)
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.
At June 30, 2021At September 30, 2020
(Dollars in Thousands)Amortized CostFair
Value		Amortized CostFair
Value
Securities AFS at Fair Value
Due in one year or less$245 $245 $1,385 $1,398 
Due after one year through five years17,884 18,467 20,805 21,769 
Due after five years through ten years53,273 55,337 32,441 34,025 
Due after ten years767,166 779,974 749,874 757,303 
838,568 854,023 804,505 814,495 
Mortgage-backed securities1,059,321 1,063,582 439,879 453,607 
Total securities AFS, at fair value$1,897,889 $1,917,605 $1,244,384 $1,268,102 

At June 30, 2021At September 30, 2020
(Dollars in Thousands)Amortized CostFair
Value		Amortized CostFair
Value
Securities HTM at Fair Value
Due after ten years$60,228 $61,330 $87,183 $88,194 
60,228 61,330 87,183 88,194 
Mortgage-backed securities4,019 4,091 5,427 5,551 
Total securities HTM, at cost$64,247 $65,421 $92,610 $93,745 
v3.21.2
LOANS AND LEASES, NET (Tables)
 9 Months Ended
Jun. 30, 2021
Loans and Leases Receivable Disclosure [Abstract]  
Schedule of Loans Receivable
Loans and leases consist of the following:
(Dollars in Thousands)June 30, 2021September 30, 2020
National Lending
Term lending$920,279 $805,323 
Asset based lending263,237 182,419 
Factoring320,629 281,173 
Lease financing282,940 281,084 
Insurance premium finance417,652 337,940 
SBA/USDA263,709 318,387 
Other commercial finance118,081 101,658 
Commercial finance2,586,527 2,307,984 
Consumer credit products105,440 89,809 
Other consumer finance122,316 134,342 
Consumer finance227,756 224,151 
Tax services41,268 3,066 
Warehouse finance335,704 293,375 
Total National Lending3,191,255 2,828,576 
Community Banking
Commercial real estate and operating294,810 457,371 
Consumer one-to-four family real estate and other1,349 16,486 
Agricultural real estate and operating7,825 11,707 
Total Community Banking303,984 485,564 
Total loans and leases3,495,239 3,314,140 
Net deferred loan origination costs (fees)1,431 8,625 
Total gross loans and leases3,496,670 3,322,765 
Allowance for credit losses(91,208)(56,188)
Total loans and leases, net$3,405,462 $3,266,577 
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)2021202020212020
Loans Purchased
Loans held for investment:
Total National Lending$46,153 $— $142,389 $103,888 
Total Community Banking403 2,728 3,250 16,518 
Total purchases$46,556 $2,728 $145,639 $120,406 
Loans Sold
Loans held for sale:
Total National Lending$118,132 $8,524 $464,378 $168,814 
Total Community Banking— — 232,979 271,681 
Loans held for investment:
Total Community Banking1,816 — 13,822 3,099 
Total sales$119,948 $8,524 $711,179 $443,594 
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, 2021September 30, 2020
Carrying amount$297,370 $299,487 
Unguaranteed residual assets14,770 17,203 
Unamortized initial direct costs520 2,078 
Unearned income(29,200)(35,606)
Total net investment in direct financing and sales-type leases$283,460 $283,162 
Operating Lease, Lease Income
The components of total lease income were as follows:
Three Months Ended June 30,Nine Months Ended June 30,
(Dollars in Thousands)2021202020212020
Interest income - loans and leases
Interest income on net investments in direct financing and sales-type leases$6,344 $4,496 $17,779 $12,958 
Leasing and equipment finance noninterest income
Lease income from operating lease payments10,047 11,391 29,824 33,857 
Profit (loss) recorded on commencement date on sales-type leases85 103 215 590 
Other(1)
901 554 2,657 3,135 
Total leasing and equipment finance noninterest income11,033 12,048 32,696 37,582 
Total lease income$17,377 $16,544 $50,475 $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)June 30, 2021
Remaining in 2021$28,766 
2022108,161 
202380,606 
202448,993 
202522,798 
Thereafter8,046 
Equipment under leases not yet commenced— 
Total undiscounted future minimum lease payments receivable for direct financing and sales-type leases297,370 
Third-party residual value guarantees— 
Total carrying amount of direct financing and sales-type lease$297,370 
Annual Activity in Allowance for Loan Losses, Allowance for Loan Losses and Recorded Investment in Loans
Activity in the allowance for credit losses and balances of loans and leases by portfolio segment was as follows:
Three Months Ended June 30, 2021
(Dollars in Thousands)Beginning Balance
Provision (Recovery) for Credit Losses(2)
Charge-offsRecoveriesEnding Balance
Allowance for credit losses:
National Lending
Term lending $27,315 $1,199 $(1,998)$515 $27,031 
Asset based lending1,749 21 — 212 1,982 
Factoring3,210 33 1 17 3,261 
Lease financing6,863 842 (916)130 6,919 
Insurance premium finance1,326 (1,200)(120)1,583 1,589 
SBA/USDA3,300 (171)— — 3,129 
Other commercial finance541 183 — — 724 
Commercial finance44,304 907 (3,033)2,457 44,635 
Consumer credit products990 21 — — 1,011 
Other consumer finance10,093 (180)(2,327)57 7,643 
Consumer finance11,083 (159)(2,327)57 8,654 
Tax services29,146 4,685 (9,505)17 24,343 
Warehouse finance332 — — — 332 
Total National Lending84,865 5,433 (14,865)2,531 77,964 
Community Banking
Commercial real estate and operating13,965 (767)— — 13,198 
Consumer one-to-four family real estate and other17 (13)— — 4 
Agricultural real estate and operating45 (3)— — 42 
Total Community Banking14,027 (783)— — 13,244 
Total loans and leases98,892 4,650 (14,865)2,531 91,208 
Unfunded commitments(1)
779 (38)— — 741 
Total$99,671 $4,612 $(14,865)$2,531 $91,949 
(1) Reserve for unfunded commitments is recognized within other liabilities on the Condensed Consolidated Statements of Financial Condition.
(2) As a result of the adoption of CECL, effective October 1, 2020, the provision for credit losses includes the provision for unfunded commitments that was previously included within other noninterest expense.
Nine Months Ended June 30, 2021
(Dollars in Thousands)Beginning BalanceImpact of CECL Adoption
Provision (Recovery) for Credit Losses(2)
Charge-offsRecoveriesEnding Balance
Allowance for credit losses:
National Lending
Term lending$15,211 $9,999 $8,621 $(7,787)$987 $27,031 
Asset based lending1,406 164 1,399 (1,199)212 1,982 
Factoring3,027 987 (1,928)— 1,175 3,261 
Lease financing7,023 (556)2,375 (2,264)341 6,919 
Insurance premium finance2,129 (965)(609)(925)1,959 1,589 
SBA/USDA940 2,720 (532)— 1 3,129 
Other commercial finance182 364 178 — — 724 
Commercial finance29,918 12,713 9,504 (12,175)4,675 44,635 
Consumer credit products845 — 166 — — 1,011 
Other consumer finance2,821 5,998 1,568 (2,964)220 7,643 
Consumer finance3,666 5,998 1,734 (2,964)220 8,654 
Tax services2 — 32,819 (9,505)1,027 24,343 
Warehouse finance294 (1)39 — — 332 
Total National Lending33,880 18,710 44,096 (24,644)5,922 77,964 
Community Banking
Commercial real estate and operating21,867 (5,616)(2,909)(144)— 13,198 
Consumer one-to-four family real estate and other298 (247)(47)— — 4 
Agricultural real estate and operating143 (74)(27)— — 42 
Total Community Banking22,308 (5,937)(2,983)(144)— 13,244 
Total loans and leases56,188 12,773 41,113 (24,788)5,922 91,208 
Unfunded commitments(1)
32 831 (122)— — 741 
Total$56,220 $13,604 $40,991 $(24,788)$5,922 $91,949 
(1) Reserve for unfunded commitments is recognized within other liabilities on the Condensed Consolidated Statements of Financial Condition.
(2) As a result of the adoption of CECL, effective October 1, 2020, the provision for credit losses includes the provision for unfunded commitments that was previously included within other noninterest expense.
Three Months Ended June 30, 2020
(Dollars in Thousands)Beginning BalanceProvision (Recovery) for Loan and Lease LossesCharge-offsRecoveriesEnding Balance
Allowance for loan and lease losses:
National Lending
Term lending$11,647 $5,672 $(2,831)$25 $14,513 
Asset based lending2,826 (953)(42)— 1,831 
Factoring4,444 (1,997)(140)362 2,669 
Lease financing2,683 4,293 (357)91 6,710 
Insurance premium finance2,142 596 (736)367 2,369 
SBA/USDA1,558 716 (1,134)— 1,140 
Other commercial finance552 (381)— — 171 
Commercial finance25,852 7,946 (5,240)845 29,403 
Consumer credit products1,082 (111)— — 971 
Other consumer finance3,414 358 (567)44 3,249 
Consumer finance4,496 247 (567)44 4,220 
Tax services21,320 (100)(9,797)14 11,437 
Warehouse finance334 (56)— — 278 
Total National Lending52,002 8,037 (15,604)903 45,338 
Community Banking
Commercial real estate and operating10,069 6,688 — — 16,757 
Consumer one-to-four family real estate and other2,350 586 — — 2,936 
Agricultural real estate and operating934 (218)— — 716 
Total Community Banking13,353 7,056 — — 20,409 
Total$65,355 $15,093 $(15,604)$903 $65,747 

Nine Months Ended June 30, 2020
(Dollars in Thousands)Beginning balanceProvision (recovery) for loan and lease lossesCharge-offsRecoveriesEnding balance
Allowance for loan and lease losses:
National Lending
Term lending $5,533 $14,753 $(6,003)$230 $14,513 
Asset based lending2,437 (611)(42)47 1,831 
Factoring3,261 (509)(875)792 2,669 
Lease financing1,275 5,841 (725)319 6,710 
Insurance premium finance1,024 2,671 (1,809)483 2,369 
SBA/USDA383 2,007 (1,250)— 1,140 
Other commercial finance683 (512)— — 171 
Commercial finance14,596 23,640 (10,704)1,871 29,403 
Consumer credit products1,044 (73)— — 971 
Other consumer finance5,118 (474)(2,208)813 3,249 
Consumer finance6,162 (547)(2,208)813 4,220 
Tax services— 20,407 (9,797)827 11,437 
Warehouse finance263 15 — — 278 
Total National Lending21,021 43,515 (22,709)3,511 45,338 
Community Banking
Commercial real estate and operating6,208 10,549 — — 16,757 
Consumer one-to-four family real estate and other1,053 1,883 — — 2,936 
Agricultural real estate and operating867 (151)— — 716 
Total Community Banking8,128 12,281 — — 20,409 
Total$29,149 $55,796 $(22,709)$3,511 $65,747 
The following table provide additional disclosures previously required by ASC Topic 310 related to the Company's September 30, 2020 balances.
AllowanceLoans and Leases
(Dollars in Thousands)Ending Balance: Individually Evaluated for ImpairmentEnding Balance: Collectively Evaluated for ImpairmentTotalEnding Balance: Individually Evaluated for ImpairmentEnding Balance: Collectively Evaluated for ImpairmentTotal
Recorded Investment
National Lending
Term lending$3,155 $12,056 $15,211 $26,085 $779,238 $805,323 
Asset based lending355 1,051 1,406 5,317 177,102 182,419 
Factoring274 2,753 3,027 5,071 276,102 281,173 
Lease financing1,194 5,829 7,023 4,697 276,387 281,084 
Insurance premium finance— 2,129 2,129 — 337,940 337,940 
SBA/USDA— 940 940 1,436 316,951 318,387 
Other commercial finance— 182 182 — 101,658 101,658 
Commercial finance4,978 24,940 29,918 42,606 2,265,378 2,307,984 
Consumer credit products— 845 845 — 89,809 89,809 
Other consumer finance— 2,821 2,821 1,987 132,355 134,342 
Consumer finance— 3,666 3,666 1,987 222,164 224,151 
Tax services— 2 2 — 3,066 3,066 
Warehouse finance— 294 294 — 293,375 293,375 
Total National Lending4,978 28,902 33,880 44,593 2,783,983 2,828,576 
Community Banking
Commercial real estate and operating141 21,726 21,867 160 457,211 457,371 
Consumer one-to-four family real estate and other— 298 298 104 16,382 16,486 
Agricultural real estate and operating— 143 143 6,421 5,286 11,707 
Total Community Banking141 22,167 22,308 6,685 478,879 485,564 
Total$5,119 $51,069 $56,188 $51,278 $3,262,862 $3,314,140 
Impaired Loans and Leases
Information on impaired loans and leases, all of which are deemed to be collateral dependent and are evaluated individually for the ACL was as follows:
(Dollars in Thousands)June 30, 2021
National Lending
Term lending$25,994 
Asset based lending— 
Factoring1,232 
Lease financing2,946 
SBA/USDA600 
Commercial finance30,772 
Consumer credit products2,197 
Consumer finance2,197 
Total National Lending32,969 
Community Banking
Commercial real estate and operating17,896 
Consumer one-to-four family real estate and other110 
Agricultural real estate and operating4,657 
Total Community Banking22,663 
Total$55,632 
Information on impaired loans and leases as of September 30, 2020 was as follows:
(Dollars in Thousands)Recorded
Balance		Unpaid Principal
Balance		Specific
Allowance
Loans and leases without a specific valuation allowance
National Lending
Term lending$17,349 $18,823 $— 
Asset based lending3,914 3,914 — 
Factoring3,892 4,967 — 
Lease financing1,797 1,805 — 
SBA/USDA1,436 2,263 — 
Commercial finance28,388 31,772 — 
Other consumer finance1,987 2,104 — 
Consumer finance1,987 2,104 — 
Total National Lending30,375 33,876 — 
Community Banking
Consumer one-to-four family real estate and other104 104 — 
Agricultural real estate and operating6,421 6,421 — 
Total Community Banking6,525 6,525 — 
Total$36,900 $40,401 $— 
Loans and leases with a specific valuation allowance
National Lending
Term lending$8,736 $8,736 $3,155 
Asset based lending1,403 1,403 355 
Factoring1,179 1,191 274 
Lease financing2,900 2,900 1,194 
Commercial finance14,218 14,230 4,978 
Total National Lending14,218 14,230 4,978 
Community Banking
Commercial real estate and operating160 160 141 
Total Community Banking Loans160 160 141 
Total$14,378 $14,390 $5,119 
The following table provides the average recorded investment in non-accrual loans and leases:
Average Recorded Investment
(Dollars in Thousands)Three Months Ended June 30, 2021Nine Months Ended June 30, 2021
National Lending
Term lending$14,964 $14,190 
Asset based lending127 591 
Factoring33 337 
Lease financing2,435 2,994 
SBA/USDA600 600 
Commercial finance18,159 18,712 
Total National Lending18,159 18,712 
Community Banking
Commercial real estate and operating17,896 14,235 
Consumer one-to-four family real estate and other136 140 
Agricultural real estate and operating1,769 1,769 
Total Community Banking19,801 16,144 
Total loans and leases$37,960 $34,856 

The recognized interest income on the Company's nonaccrual loans and leases for the three and nine months ended June 30, 2021 was not significant.

The following table provides the average recorded investment in impaired loans and leases:
Three Months Ended June 30, 2020Nine Months Ended June 30, 2020
(Dollars in Thousands)Average Recorded InvestmentRecognized Interest IncomeAverage Recorded InvestmentRecognized Interest Income
National Lending
Term lending$28,848 $121 $24,946 $240 
Asset based lending935 — 571 — 
Factoring4,715 — 4,387 — 
Lease financing2,946 2 2,929 14 
SBA/USDA3,162 — 3,530 — 
Commercial finance40,606 123 36,363 254 
Other consumer finance1,999 37 1,775 111 
Consumer finance1,999 37 1,775 111 
Total National Lending42,605 160 38,138 365 
Community Banking
Commercial real estate and operating405 1 511 27 
Consumer one-to-four family real estate and other131 — 101 9 
Agricultural real estate and operating2,437 10 2,677 (134)
Total Community Banking2,973 11 3,289 (98)
Total loans and leases$45,578 $171 $41,427 $267 
Asset Classification by Credit Quality Indicators of Loans and Leases The amortized cost basis of loans and leases by asset classification and year of origination was as follows:
Amortized Cost Basis
(Dollars in Thousands)Term Loans and Leases by Origination YearRevolving Loans and LeasesTotal
As of June 30, 202120212020201920182017Prior
Term lending
Pass$310,845 $333,608 $119,271 $62,381 $4,217 $5,433 $— $835,755 
Watch6,568 9,609 5,821 450 43 1,397 — 23,888 
Special Mention595 3,934 6,579 1,026 35 1,241 — 13,410 
Substandard7,732 8,347 19,708 4,347 162 359 — 40,655 
Doubtful71 1,207 4,982 311 — — — 6,571 
Total325,811 356,705 156,361 68,515 4,457 8,430 — 920,279 
Asset based lending
Pass— — — — — — 162,787 162,787 
Watch— — — — — — 66,290 66,290 
Special Mention— — — — — — 19,253 19,253 
Substandard— — — — — — 14,907 14,907 
Total— — — — — — 263,237 263,237 
Factoring
Pass— — — — — — 278,665 278,665 
Watch— — — — — — 19,261 19,261 
Special Mention— — — — — — 11,853 11,853 
Substandard— — — — — — 10,850 10,850 
Total— — — — — — 320,629 320,629 
Lease financing
Pass87,134 118,080 38,073 10,010 4,766 687 — 258,750 
Watch4,574 10,358 490 349 253 197 — 16,221 
Special Mention1,119 558 114 206 39 — — 2,036 
Substandard— 571 3,961 844 36 156 — 5,568 
Doubtful— 133 167 65 — 365 
Total92,827 129,700 42,805 11,474 5,094 1,040 — 282,940 
Insurance premium finance
Pass411,729 5,080 14 — — — — 416,823 
Watch421 34 — — — — — 455 
Special Mention72 11 — — — — — 83 
Substandard16 45 — — — — — 61 
Doubtful187 43 — — — — — 230 
Total412,425 5,213 14 — — — — 417,652 
SBA/USDA
Pass108,286 80,971 23,094 22,268 8,066 4,222 — 246,907 
Watch— 926 822 2,272 935 — 4,955 
Special Mention6,755 675 1,803 — — — 9,233 
Substandard1,196 695 723 — 2,614 
Total108,286 87,726 24,695 26,089 11,033 5,880 — 263,709 
Other commercial finance
Pass19,070 17,525 9,387 6,277 3,579 59,273 — 115,111 
Watch556 — — — 847 1,292 — 2,695 
Substandard— — — 275 — — — 275 
Total19,626 17,525 9,387 6,552 4,426 60,565 — 118,081 
Warehouse finance
Pass— — — — — — 335,704 335,704 
Total— — — — — — 335,704 335,704 
Total National Lending
Pass937,063 555,264 189,839 100,936 20,628 69,614 777,156 2,650,500 
Watch12,120 20,001 7,237 1,621 3,415 3,820 85,551 133,765 
Special Mention1,786 11,258 7,368 3,035 76 1,241 31,106 55,870 
Substandard7,748 8,963 23,669 6,662 893 1,238 25,757 74,930 
Doubtful258 1,383 5,149 376 — — — 7,166 
Total958,975 596,869 233,262 112,630 25,012 75,913 919,570 2,922,231 
Commercial real estate and operating
Pass— 13,841 85,971 63,844 27,728 528 — 191,912 
Watch— 924 3,128 10,952 15,834 2,656 — 33,494 
Special Mention— — 224 13,681 — 669 — 14,574 
Substandard— 300 1,497 44,948 4,472 3,613 — 54,830 
Total— 15,065 90,820 133,425 48,034 7,466 — 294,810 
Consumer 1-4 family real estate and other
Pass— — 157 234 368 355 — 1,114 
Substandard— — 108 — — 127 — 235 
Total— — 265 234 368 482 — 1,349 
Agricultural real estate and other
Pass— — — 108 — 2,586 — 2,694 
Substandard— 3,277 — 1,263 — 591 — 5,131 
Total— 3,277 — 1,371 — 3,177 — 7,825 
Total Community Bank
Pass— 13,841 86,128 64,185 28,097 3,469 — 195,720 
Watch— 924 3,128 10,952 15,834 2,656 — 33,494 
Special Mention— — 224 13,681 — 669 — 14,574 
Substandard— 3,577 1,605 46,212 4,471 4,331 — 60,196 
Total— 18,342 91,085 135,030 48,402 11,125 — 303,984 
Total Loans and Leases
Pass937,063 569,104 275,967 165,121 48,725 73,084 777,156 2,846,220 
Watch12,120 20,925 10,365 12,573 19,249 6,476 85,551 167,259 
Special Mention1,786 11,258 7,592 16,717 76 1,909 31,106 70,444 
Substandard7,748 12,541 25,274 52,873 5,364 5,569 25,757 135,126 
Doubtful258 1,383 5,149 376 — — — 7,166 
Total$958,975 $615,211 $324,347 $247,660 $73,414 $87,038 $919,570 $3,226,215 
The recorded investment of loans and leases by asset classification was as follows:
Asset ClassificationPassWatchSpecial MentionSubstandardDoubtfulTotal
As of September 30, 2020(Dollars in Thousands)
National Lending
Term lending$725,101 $29,637 $24,501 $21,249 $4,835 $805,323 
Asset based lending102,013 62,512 12,577 5,317 — 182,419 
Factoring217,245 45,200 13,657 5,071 — 281,173 
Lease financing264,700 8,879 2,808 4,148 549 281,084 
Insurance premium finance336,364 284 222 701 369 337,940 
SBA/USDA308,549 8,328 74 1,436 — 318,387 
Other commercial finance100,727 931 — — — 101,658 
Commercial finance2,054,699 155,771 53,839 37,922 5,753 2,307,984 
Warehouse finance293,375 — — — — 293,375 
Total National Lending2,348,074 155,771 53,839 37,922 5,753 2,601,359 
Community Banking
Commercial real estate and operating336,236 98,295 4,049 18,211 580 457,371 
Consumer one-to-four family real estate and other15,648 41 609 188 — 16,486 
Agricultural real estate and operating1,526 — 4,930 5,251 — 11,707 
Total Community Banking353,410 98,336 9,588 23,650 580 485,564 
Total loans and leases$2,701,484 $254,107 $63,427 $61,572 $6,333 $3,086,923 
Past Due Loans and Leases
Past due loans and leases were as follows:
Accruing and Nonaccruing Loans and LeasesNonperforming Loans and Leases
(Dollars in Thousands)30-59 Days
Past Due		60-89 Days
Past Due		>
89 Days Past Due		Total Past
Due		CurrentTotal Loans and Leases
Receivable		> 89 Days Past Due and AccruingNon-accrual balanceTotal
As of June 30, 2021
Loans held for sale$— $— $— $— $87,905 $87,905 $— $— $— 
National Lending
Term lending11,146 6,714 4,820 22,680 897,599 920,279 2,073 14,470 16,543 
Asset based lending— — — — 263,237 263,237 — — — 
Factoring— — — — 320,629 320,629 — 37 37 
Lease financing9,076 3,514 2,550 15,140 267,800 282,940 1,403 2,208 3,611 
Insurance premium finance552 422 874 1,848 415,804 417,652 874 — 874 
SBA/USDA1,343 — 600 1,943 261,766 263,709 — 600 600 
Other commercial finance— — — — 118,081 118,081 — — — 
Commercial finance22,117 10,650 8,844 41,611 2,544,916 2,586,527 4,350 17,315 21,665 
Consumer credit products843 1,009 525 2,377 204,642 207,019 469 — 469 
Other consumer finance— — — — 20,737 20,737 — — — 
Consumer finance843 1,009 525 2,377 225,379 227,756 469 — 469 
Tax services— 40,958 — 40,958 310 41,268 — — — 
Warehouse finance— — — — 335,704 335,704 — — — 
Total National Lending22,960 52,617 9,369 84,946 3,106,309 3,191,255 4,819 17,315 22,134 
Community Banking
Commercial real estate and operating11 — — 11 294,799 294,810 — 17,896 17,896 
Consumer one-to-four family real estate and other51 — — 51 1,298 1,349 — 108 108 
Agricultural real estate and operating— — 1,769 1,769 6,056 7,825 — 1,769 1,769 
Total Community Banking62 — 1,769 1,831 302,153 303,984 — 19,773 19,773 
Total loans and leases held for investment23,022 52,617 11,138 86,777 3,408,462 3,495,239 4,819 37,088 41,907 
Total loans and leases$23,022 $52,617 $11,138 $86,777 $3,496,367 $3,583,144 $4,819 $37,088 $41,907 
Accruing and Nonaccruing Loans and LeasesNonperforming Loans and Leases
(Dollars in Thousands)30-59 Days
Past Due		60-89 Days
Past Due		>
89 Days Past Due		Total Past
Due		CurrentTotal Loans and Leases
Receivable		> 89 Days Past Due and AccruingNon-accrual balanceTotal
As of September 30, 2020
Loans held for sale$— $— $— $— $183,577 $183,577 $— $— $— 
National Lending
Term lending11,900 3,851 6,390 22,141 783,182 805,323 266 16,274 16,540 
Asset based lending17 — — 17 182,402 182,419 — — — 
Factoring— — — — 281,173 281,173 — 1,096 1,096 
Lease financing194 9,746 6,882 16,822 264,262 281,084 4,344 3,583 7,927 
Insurance premium finance1,227 748 2,364 4,339 333,601 337,940 2,364 — 2,364 
SBA/USDA— — 1,027 1,027 317,360 318,387 427 600 1,027 
Other commercial finance— — — — 101,658 101,658 — — — 
Commercial finance13,338 14,345 16,663 44,346 2,263,638 2,307,984 7,401 21,553 28,954 
Consumer credit products377 358 499 1,233 88,576 89,809 499 — 499 
Other consumer finance600 536 373 1,509 132,833 134,342 373 — 373 
Consumer finance977 894 872 2,743 221,408 224,151 872 — 872 
Tax services— — 1,743 1,743 1,323 3,066 1,743 — 1,743 
Warehouse finance— — — — 293,375 293,375 — — — 
Total National Lending14,315 15,239 19,278 48,832 2,779,744 2,828,576 10,016 21,553 31,569 
Community Banking
Commercial real estate and operating— — 630 630 456,741 457,371 50 580 630 
Consumer one-to-four family real estate and other905 114 50 1,069 15,417 16,486 — 50 50 
Agricultural real estate and operating— — 1,769 1,769 9,938 11,707 — 1,769 1,769 
Total Community Banking905 114 2,449 3,468 482,096 485,564 50 2,399 2,449 
Total loans and leases held for investment15,220 15,353 21,727 52,300 3,261,840 3,314,140 10,066 23,952 34,018 
Total loans and leases$15,220 $15,353 $21,727 $52,300 $3,445,417 $3,497,717 $10,066 $23,952 $34,018 
Financing Receivable, Nonaccrual
Nonaccrual loans and leases by year of origination were as follows:
Amortized Cost Basis
(Dollars in Thousands)Term Loans and Leases by Origination YearRevolving Loans and LeasesTotalNonaccrual With No ACL
June 30, 202120212020201920182017Prior
National Lending
Term lending$20 $2,506 $6,862 $2,865 $147 $2,070 $— $14,470 $7,558 
Asset based lending— — — — — — — — — 
Factoring— — 13 — — 24 — 37 37 
Lease financing248 1,519 276 9 156 — 2,208 824 
SBA/USDA600 — — 600 600 
Commercial finance20 2,754 8,394 3,141 756 2,250 — 17,315 9,019 
Total National Lending20 2,754 8,394 3,141 756 2,250 — 17,315 9,019 
Community Banking
Commercial real estate and operating— 300 700 16,896 — — — 17,896 — 
Consumer one-to-four family real estate and other— — 108 — — — — 108 108 
Agricultural real estate and operating— — — 1,263 — 506 — 1,769 1,769 
Total Community Banking— 300 808 18,159 — 506 — 19,773 1,877 
Total nonaccrual loans and leases$20 $3,054 $9,202 $21,300 $756 $2,756 $— $37,088 $10,896 

Loans and leases that are 90 days or more delinquent and accruing by year of origination were as follows:
Amortized Cost Basis
(Dollars in Thousands)Term Loans and Leases by Origination YearRevolving Loans and LeasesTotal
June 30, 202120212020201920182017Prior
National Lending
Term lending$1,142 $685 $36 $196 $14 $— $— $2,073 
Lease financing356 426 223 372 26 — — 1,403 
Insurance premium finance769 105 — — — — — 874 
Commercial finance2,267 1,216 259 568 40 — — 4,350 
Other consumer finance— — — — — 383 — 383 
Consumer finance (1)
— — — — — 383 — 383 
Total National Lending2,267 1,216 259 568 40 383 — 4,733 
Total 90 days or more delinquent and accruing$2,267 $1,216 $259 $568 $40 $383 $— $4,733 
(1) Consumer credit products are not included in the table as they are evaluated under a separate methodology for allowance for credit loss purposes that considers the overall Program structure. Refer to the Company’s most recent audited financial statements for additional information on these Programs.
v3.21.2
EARNINGS PER COMMON SHARE ("EPS") (Tables)
 9 Months Ended
Jun. 30, 2021
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,Nine Months Ended June 30,
(Dollars in Thousands, Except Share and Per Share Data)2021202020212020
Basic income per common share:
Net income attributable to Meta Financial Group, Inc.$38,701 $18,190 $125,805 $91,562 
Dividends and undistributed earnings allocated to participating securities(729)(432)(2,411)(2,097)
Basic net earnings available to common stockholders37,972 17,758 123,394 89,465 
Undistributed earnings allocated to nonvested restricted stockholders699 391 2,318 1,974 
Reallocation of undistributed earnings to nonvested restricted stockholders(699)(391)(2,316)(1,973)
Diluted net earnings available to common stockholders$37,972 $17,758 $123,396 $89,466 
Total weighted-average basic common shares outstanding31,320,893 33,794,154 31,880,653 35,180,068 
Effect of dilutive securities(1)
Stock options— 21,497 — 21,634 
Performance share units18,054 — 19,944 — 
Total effect of dilutive securities18,054 21,497 19,944 21,634 
Total weighted-average diluted common shares outstanding31,338,947 33,815,651 31,900,597 35,201,702 
Net earnings per common share:
Basic earnings per common share$1.21 $0.53 $3.87 $2.54 
Diluted earnings per common share(2)
$1.21 $0.53 $3.87 $2.54 
(1) Represents the effect of the assumed exercise of stock options and vesting of performance share units and restricted stock, as applicable, utilizing the treasury stock method.
(2) Excluded from the computation of diluted earnings per share for the three months ended June 30, 2021 and 2020, respectively, were 601,693 and 821,884 weighted average shares of nonvested restricted stock because their inclusion would be anti-dilutive. Excluded from the computation of diluted earnings per share for the nine months ended June 30, 2021 and 2020, respectively, were 622,954 and 824,809 weighted average shares of nonvested restricted stock because their inclusion would be anti-dilutive.
v3.21.2
RENTAL EQUIPMENT, NET (Tables)
 9 Months Ended
Jun. 30, 2021
Property, Plant and Equipment [Abstract]  
Rental Equipment
Rental equipment consists of the following:
(Dollars in Thousands)June 30, 2021September 30, 2020
Computers and IT networking equipment$16,878 $15,926 
Motor vehicles and other81,881 52,913 
Office furniture and equipment52,276 74,197 
Solar panels and equipment122,483 118,808 
Total273,518 261,844 
Accumulated depreciation(63,766)(57,601)
Unamortized initial direct costs1,616 1,721 
Net book value$211,368 $205,964 
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)June 30, 2021
Remaining in 2021$9,517 
202231,311 
202327,132 
202419,511 
202513,704 
Thereafter20,303 
Total undiscounted future minimum lease payments receivable for operating leases$121,478 
Undiscounted future minimum operating lease payments and a reconciliation to the amount recorded as operating lease liabilities were as follows:
(Dollars in Thousands)June 30, 2021
Remaining in 2021$1,232 
20224,687 
20234,180 
20244,152 
20254,027 
Thereafter24,926 
Total undiscounted future minimum lease payments 43,204 
Discount(5,652)
Total operating lease liabilities$37,552 
v3.21.2
FORECLOSURED REAL ESTATE AND REPOSSESSED ASSETS (Tables)
 9 Months Ended
Jun. 30, 2021
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)20212020
Balance, beginning of period$9,957 $29,494 
Additions9 5,983 
Reductions:
Write-downs481 568 
Sales8,285 23,086 
(Gain) loss on sale(4)5,039 
Total reductions8,762 28,693 
Balance, ending of period$1,204 $6,784 
v3.21.2
GOODWILL AND INTANGIBLE ASSETS (Tables)
 9 Months Ended
Jun. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Finite-Lived Intangible Assets
The changes in the carrying amount of the Company’s intangible assets for the nine months ended June 30, 2021 and 2020 were as follows:
(Dollars in Thousands)
Trademark(1)
Non-Compete(2)
Customer Relationships(3)
All Others(4)
Total
Balance as of September 30, 2020$10,901 $422 $24,333 $6,036 $41,692 
Acquisitions during the period— — — 14 14 
Amortization during the period(816)(286)(5,202)(480)(6,784)
Write-offs during the period— — — (24)(24)
Balance as of June 30, 2021$10,085 $136 $19,131 $5,546 $34,898 
Gross carrying amount$14,624 $2,481 $82,088 $10,131 $109,324 
Accumulated amortization(4,539)(2,345)(52,709)(4,367)(63,960)
Accumulated impairment— — (10,248)(218)(10,466)
Balance as of June 30, 2021$10,085 $136 $19,131 $5,546 $34,898 
(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
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.
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense Estimated amortization expense of intangible assets in the remaining three months of fiscal 2021 and subsequent fiscal years was as follows:
(Dollars in Thousands)June 30, 2021
Remaining in 2021$1,762 
20226,419 
20235,101 
20244,383 
20253,827 
20263,253 
Thereafter10,153 
Total anticipated intangible amortization$34,898 
v3.21.2
OPERATING LEASE RIGHT OF USE ASSETS AND LIABILITIES (Tables)
 9 Months Ended
Jun. 30, 2021
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)June 30, 2021
Remaining in 2021$9,517 
202231,311 
202327,132 
202419,511 
202513,704 
Thereafter20,303 
Total undiscounted future minimum lease payments receivable for operating leases$121,478 
Undiscounted future minimum operating lease payments and a reconciliation to the amount recorded as operating lease liabilities were as follows:
(Dollars in Thousands)June 30, 2021
Remaining in 2021$1,232 
20224,687 
20234,180 
20244,152 
20254,027 
Thereafter24,926 
Total undiscounted future minimum lease payments 43,204 
Discount(5,652)
Total operating lease liabilities$37,552 
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, 2021
Weighted-average discount rate2.31 %
Weighted-average remaining lease term (years)11.00

The components of total lease costs for operating leases were as follows:
Three Months Ended June 30,Nine Months Ended June 30,
(Dollars in Thousands)2021202020212020
Lease expense$1,191 $920 $3,136 $2,533 
Short-term and variable lease cost35 118 167 452 
ROU asset impairment— — 224 — 
Sublease income(126)(188)(411)(552)
Total lease cost for operating leases$1,100 $850 $3,116 $2,433 
v3.21.2
STOCK COMPENSATION (Tables)
 9 Months Ended
Jun. 30, 2021
Share-based Payment Arrangement [Abstract]  
Schedule of Nonvested Share Activity
The following tables show the activity of nonvested (restricted) shares and PSUs granted, vested, or forfeited under the 2002 Omnibus Incentive Plan for the nine months ended June 30, 2021. There were no options granted, exercised, or forfeited under this plan during the nine months ended June 30, 2021.
(Dollars in Thousands, Except Per Share Data)Number of SharesWeighted Average Fair Value at Grant
Nonvested shares outstanding, September 30, 2020
790,083 $30.03 
Granted189,187 30.78 
Vested(277,429)30.19 
Forfeited or expired(103,798)29.66 
Nonvested shares outstanding, June 30, 2021
598,043 $30.26 
(Dollars in Thousands, Except Per Share Data)Number of UnitsWeighted Average Fair Value at Grant
Performance share units outstanding, September 30, 2020
— $— 
Granted(1)
60,984 34.03 
Vested— — 
Forfeited or expired— — 
Performance share units outstanding, June 30, 2021
60,984 $34.03 
(1) The number of PSUs granted reflects the target number of PSUs able to be earned under a given award.
v3.21.2
INCOME TAXES (Tables)
 9 Months Ended
Jun. 30, 2021
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)20212020
Provision at statutory rate$28,435 $20,041 
Tax-exempt income(674)(936)
State income taxes6,120 4,475 
Interim period effective rate adjustment(5,181)(8,850)
Tax credit investments, net - federal(18,854)(9,863)
Research tax credit(323)(1,709)
IRC 162(m) nondeductible compensation677 1,250 
Other, net(600)(538)
Income tax expense$9,600 $3,870 
Effective tax rate6.92 %3.91 %
v3.21.2
REVENUE FROM CONTRACTS WITH CUSTOMERS (Tables)
 9 Months Ended
Jun. 30, 2021
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)ConsumerCommercialCorporate Services/OtherConsolidated Company
Three Months Ended June 30,20212020202120202021202020212020
Net interest income(1)
$23,254 $25,754 $44,728 $36,104 $493 $279 $68,475 $62,137 
Noninterest income:
Refund transfer product fees12,073 4,595 — — — — 12,073 4,595 
Tax advance product fees(1)
891 28 — — — — 891 28 
Payment card and deposit fees29,203 21,302 — — — — 29,203 21,302 
Other bank and deposit fees— — 334 213 4 1 338 214 
Rental income(1)
6 5 9,970 11,226 — — 9,976 11,231 
Gain (loss) on sale of other(1)
— — 5,982 1,214 (27)— 5,955 1,214 
Other income(1)
1,056 324 1,702 1,267 1,259 873 4,017 2,464 
Total noninterest income 43,229 26,254 17,988 13,920 1,236 874 62,453 41,048 
Revenue$66,483 $52,008 $62,716 $50,024 $1,729 $1,153 $130,928 $103,185 
(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)ConsumerCommercialCorporate Services/OtherConsolidated Company
Nine Months Ended June 30,20212020202120202021202020212020
Net interest income(1)
$70,686 $58,473 $128,980 $112,866 $8,658 $23,186 $208,324 $194,525 
Noninterest income:
Refund transfer product fees35,400 33,726 — — — — 35,400 33,726 
Tax advance product fees(1)
47,413 31,840 — — — — 47,413 31,840 
Payment card and deposit fees81,641 65,957 — — — — 81,641 65,957 
Other bank and deposit fees— — 694 759 15 324 709 1,083 
Rental income(1)
16 14 29,691 33,354 — 1,314 29,707 34,682 
Net gain realized on investment securities(1)
— — — — 6 — 6 — 
Gain on divestitures(1)
— — — — — 19,275 — 19,275 
Gain (loss) on sale of other(1)
— (19)10,198 6,131 737 (5,143)10,935 969 
Other income(1)
2,135 2,709 6,511 4,178 6,904 4,625 15,550 11,512 
Total noninterest income166,605 134,227 47,094 44,422 7,662 20,395 221,361 199,044 
Revenue$237,291 $192,700 $176,074 $157,288 $16,320 $43,581 $429,685 $393,569 
(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.
v3.21.2
SEGMENT REPORTING (Tables)
 9 Months Ended
Jun. 30, 2021
Segment Reporting [Abstract]  
Segment Information of Entity
The following tables present segment data for the Company:
Three Months Ended June 30, 2021
(Dollars in Thousands)ConsumerCommercial Corporate
Services/Other		Total
Net interest income$23,254 $44,728 $493 $68,475 
Provision (recovery) for credit losses4,507 870 (765)4,612 
Noninterest income43,229 17,988 1,236 62,453 
Noninterest expense20,561 28,604 32,358 81,523 
Income (loss) before income tax expense41,415 33,242 (29,864)44,793 
Total assets337,438 3,086,556 3,627,818 7,051,812 
Total goodwill87,145 222,360 — 309,505 
Total deposits5,715,197 8,941 164,733 5,888,871 

Three Months Ended June 30, 2020
(Dollars in Thousands)ConsumerCommercialCorporate
Services/Other		Total
Net interest income$25,754 $36,104 $279 $62,137 
Provision (recovery) for loan and lease losses(210)7,946 7,357 15,093 
Noninterest income26,254 13,920 874 41,048 
Noninterest expense15,282 26,729 29,230 71,241 
Income (loss) before income tax expense36,936 15,349 (35,434)16,851 
Total assets372,549 2,690,719 5,715,758 8,779,026 
Total goodwill87,145 222,360 — 309,505 
Total deposits6,767,516 9,243 813,566 7,590,325 

Nine Months Ended June 30, 2021
(Dollars in Thousands)ConsumerCommercialCorporate
Services/Other		Total
Net interest income$70,686 $128,980 $8,658 $208,324 
Provision (recovery) for credit losses34,893 9,540 (3,442)40,991 
Noninterest income166,605 47,094 7,662 221,361 
Noninterest expense68,912 83,601 97,555 250,068 
Income (loss) before income tax expense133,486 82,933 (77,793)138,626 
Total assets337,438 3,086,556 3,627,818 7,051,812 
Total goodwill87,145 222,360 — 309,505 
Total deposits5,715,197 8,941 164,733 5,888,871 
Nine Months Ended June 30, 2020
(Dollars in Thousands)ConsumerCommercialCorporate
Services/Other		Total
Net interest income$58,473 $112,866 $23,186 $194,525 
Provision for loan and lease losses20,334 23,641 11,821 55,796 
Noninterest income134,227 44,422 20,395 199,044 
Noninterest expense62,473 80,815 95,480 238,768 
Income (loss) before income tax expense109,893 52,832 (63,720)99,005 
Total assets372,549 2,690,719 5,715,758 8,779,026 
Total goodwill87,145 222,360 — 309,505 
Total deposits6,767,516 9,243 813,566 7,590,325 
v3.21.2
FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)
 9 Months Ended
Jun. 30, 2021
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, 2021
(Dollars in Thousands)TotalLevel 1Level 2Level 3
Debt securities AFS    
SBA securities$169,185 $— $169,185 $— 
Obligations of states and political subdivisions2,766 — 2,766 — 
Non-bank qualified obligations of states and political subdivisions274,350 — 274,350 — 
Asset-backed securities407,722 — 407,722 — 
Mortgage-backed securities1,063,582 — 1,063,582 — 
Total debt securities AFS$1,917,605 $— $1,917,605 $— 
Common equities and mutual funds(1)
$3,324 $3,324 $— $— 
Non-marketable equity securities(2)
$4,724 $— $— $— 
(1) Equity securities at fair value are included within other assets on the Condensed Consolidated Statements of Financial Condition at June 30, 2021 and September 30, 2020.
(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, 2020
(Dollars in Thousands)TotalLevel 1Level 2Level 3
Debt securities AFS    
SBA securities$164,955 $— $164,955 $— 
Obligations of states and political subdivisions841 — 841 — 
Non-bank qualified obligations of states and political subdivisions323,774 — 323,774 — 
Asset-backed securities324,925 — 324,925 — 
Mortgage-backed securities453,607 — 453,607 — 
Total debt securities AFS$1,268,102 $— $1,268,102 $— 
Common equities and mutual funds(1)
$2,969 $2,969 $— $— 
Non-marketable equity securities(2)
$2,784 $— $— $— 
(1) Equity securities at fair value are included within other assets on the Condensed Consolidated Statements of Financial Condition at June 30, 2021 and September 30, 2020.
(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, 2021
(Dollars in Thousands)TotalLevel 1Level 2Level 3
Impaired loans and leases, net    
Commercial finance$4,312 $— $— $4,312 
Total National Lending4,312 — — 4,312 
Commercial real estate and operating9,029 — — 9,029 
Total Community Banking9,029 — — 9,029 
     Total impaired loans and leases, net13,341 — — 13,341 
Foreclosed assets, net1,204 — — 1,204 
Total$14,545 $— $— $14,545 

 Fair Value At September 30, 2020
(Dollars in Thousands)TotalLevel 1Level 2Level 3
Impaired loans and leases, net    
Commercial finance$9,240 $— $— $9,240 
Total National Lending9,240 — — 9,240 
Commercial real estate and operating20 — — 20 
Total Community Banking20 — — 20 
     Total impaired loans and leases, net9,260 — — 9,260 
Foreclosed assets, net9,957 — — 9,957 
Total$19,217 $— $— $19,217 
Quantitative Information about Level 3 Fair Value Measurements
 Quantitative Information About Level 3 Fair Value Measurements
(Dollars in Thousands)
Fair Value at
June 30, 2021
Fair Value at
September 30, 2020
Valuation
Technique		Unobservable InputRange of Inputs
Impaired loans and leases, net$13,341 9,260 Market approach
Appraised values(1)
4% - 90%
Foreclosed assets, net$1,204 9,957 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 90%.
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, 2021
(Dollars in Thousands)Carrying
Amount		Estimated
Fair Value		Level 1Level 2Level 3
Financial assets
Cash and cash equivalents$720,243 $720,243 $720,243 $— $— 
Debt securities available for sale1,917,605 1,917,605 — 1,917,605 — 
Debt securities held to maturity64,247 65,421 — 65,421 — 
Common equities and mutual funds(1)
3,324 3,324 3,324 — — 
Non-marketable equity securities(1)(2)
19,474 19,474 — 14,750 — 
Loans held for sale87,905 87,905 — 87,905 — 
Loans and leases receivable3,495,239 3,498,673 — — 3,498,673 
Federal Reserve Bank and Federal Home Loan Bank stocks28,433 28,433 — 28,433 — 
Accrued interest receivable16,230 16,230 16,230 — — 
Financial liabilities
Deposits5,888,871 5,888,971 5,851,452 37,519 — 
Other short- and long-term borrowings93,634 94,979 — 94,979 — 
Accrued interest payable1,853 1,853 1,853 — — 
(1) Equity securities at fair value are included within other assets on the Condensed Consolidated Statements of Financial Condition at June 30, 2021.
(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, 2020
(Dollars in Thousands)Carrying
Amount		Estimated
Fair Value		Level 1Level 2Level 3
Financial assets
Cash and cash equivalents$427,367 $427,367 $427,367 $— $— 
Debt securities available for sale1,268,102 1,268,102 — 1,268,102 — 
Debt securities held to maturity92,610 93,745 — 93,745 — 
Common equities and mutual funds(1)
2,969 2,969 2,969 — — 
Non-marketable equity securities(1)(2)
14,784 14,784 — 12,000 — 
Loans held for sale183,577 183,577 — 183,577 — 
Loans and leases receivable3,314,140 3,307,037 — — 3,307,037 
Federal Reserve Bank and Federal Home Loan Bank stocks27,138 27,138 — 27,138 — 
Accrued interest receivable16,628 16,628 16,628 — — 
Financial liabilities
Deposits4,979,200 4,980,073 4,705,028 275,045 — 
Other short- and long-term borrowings98,224 100,185 — 100,185 — 
Accrued interest payable1,923 1,923 1,923 — — 
(1) Equity securities at fair value are included within other assets on the Condensed Consolidated Statements of Financial Condition at September 30, 2020.
(2) Includes certain non-marketable equity securities that are measured at fair value using NAV per share (or its equivalent) as a practical expedient and are excluded from the fair value hierarchy.
v3.21.2
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND RECENTLY ADOPTED ACCOUNTING STANDARDS UPDATES ("ASU") (Details) - USD ($)
$ in Thousands
Jun. 30, 2021
Mar. 31, 2021
Oct. 01, 2020
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Sep. 30, 2019
New Accounting Pronouncements or Change in Accounting Principle [Line Items]              
Allowance for credit losses $ 91,208 $ 98,892   $ 56,188 $ 65,747 $ 65,355 $ 29,149
Stockholders' equity 876,633 835,258   847,308 829,909 805,074 843,958
    Retained Earnings              
New Accounting Pronouncements or Change in Accounting Principle [Line Items]              
Stockholders' equity 262,578 225,471   234,927 228,500 212,027 252,813
Noncontrolling Interest              
New Accounting Pronouncements or Change in Accounting Principle [Line Items]              
Stockholders' equity 1,490 1,092   3,603 $ 3,787 $ 3,762 $ 4,047
Unfunded commitments              
New Accounting Pronouncements or Change in Accounting Principle [Line Items]              
Allowance for credit losses $ 741 $ 779   32      
Adjustment              
New Accounting Pronouncements or Change in Accounting Principle [Line Items]              
Allowance for credit losses     $ 12,800 12,773      
Stockholders' equity       (10,803)      
Adjustment |     Retained Earnings              
New Accounting Pronouncements or Change in Accounting Principle [Line Items]              
Stockholders' equity       (8,351)      
Adjustment | Noncontrolling Interest              
New Accounting Pronouncements or Change in Accounting Principle [Line Items]              
Stockholders' equity       (2,452)      
Adjustment | Unfunded commitments              
New Accounting Pronouncements or Change in Accounting Principle [Line Items]              
Allowance for credit losses       $ 831      
v3.21.2
SIGNIFICANT EVENTS - Active COVID-19 Related Modifications (Details) - USD ($)
$ in Thousands
Jun. 30, 2021
Mar. 31, 2021
Dec. 31, 2020
Sep. 30, 2020
Jun. 30, 2020
Loss Contingencies [Line Items]          
Loans and leases $ 3,496,670     $ 3,322,765  
Total assets 7,051,812     $ 6,092,074 $ 8,779,026
COVID-19 Related Modifications          
Loss Contingencies [Line Items]          
Loans and leases 41,490 $ 66,474 $ 85,293    
Total assets 41,490 66,474 85,293    
National Lending | COVID-19 Related Modifications          
Loss Contingencies [Line Items]          
Loans and leases 4,858 7,767 24,974    
National Lending | Term lending | COVID-19 Related Modifications          
Loss Contingencies [Line Items]          
Loans and leases 2,955 5,460 18,321    
National Lending | Asset based lending | COVID-19 Related Modifications          
Loss Contingencies [Line Items]          
Loans and leases 0 0 1,124    
National Lending | Lease financing | COVID-19 Related Modifications          
Loss Contingencies [Line Items]          
Loans and leases 275 379 1,637    
National Lending | Commercial finance | COVID-19 Related Modifications          
Loss Contingencies [Line Items]          
Loans and leases 3,230 5,839 21,082    
National Lending | Consumer credit products | COVID-19 Related Modifications          
Loss Contingencies [Line Items]          
Loans and leases 19 301 1,210    
National Lending | Other consumer finance | COVID-19 Related Modifications          
Loss Contingencies [Line Items]          
Loans and leases 1,609 1,627 2,682    
National Lending | Consumer finance | COVID-19 Related Modifications          
Loss Contingencies [Line Items]          
Loans and leases 1,628 1,928 3,892    
Community Banking | COVID-19 Related Modifications          
Loss Contingencies [Line Items]          
Loans and leases 36,632 58,707 60,319    
Community Banking | Commercial real estate and operating | COVID-19 Related Modifications          
Loss Contingencies [Line Items]          
Loans and leases $ 36,632 $ 58,707 $ 60,319    
v3.21.2
DIVESTITURES (Details) - USD ($)
 3 Months Ended 9 Months Ended 12 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Sep. 30, 2020
Feb. 29, 2020
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]            
Loans held for sale $ 87,905,000   $ 87,905,000   $ 183,577,000  
Community Bank            
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]            
Deposit liabilities           $ 290,500,000
Loans           268,600,000
Premises, furniture, and equipment           4,900,000
Other assets           $ 1,300,000
Non-recurring income     19,300,000      
Servicing fee expense     2,200,000 $ 1,400,000 $ 3,500,000  
Additional loans sold 0 $ 0 233,000,000.0 $ 0    
Loans held for sale $ 18,100,000   $ 18,100,000      
v3.21.2
SECURITIES - Narrative (Details)
$ in Millions
 9 Months Ended
Jun. 30, 2021
USD ($)
security
Sep. 30, 2020
USD ($)
Investments, Debt and Equity Securities [Abstract]    
AFS number of securities in an unrealized loss position (in securities) | security 49  
Equity securities without readily determinable fair value, amount $ 14.7 $ 11.0
Federal reserve bank stock 19.7 19.7
Federal home loan bank stock 8.8 $ 7.5
Impairment recognized $ 2.0  
v3.21.2
SECURITIES - Available for Sale (Details) - USD ($)
$ in Thousands
Jun. 30, 2021
Sep. 30, 2020
Available-for-sale debt securities [Abstract]    
Amortized Cost $ 1,897,889 $ 1,244,384
Fair Value 1,917,605 1,268,102
Amortized Cost    
Due in one year or less 245 1,385
Due after one year through five years 17,884 20,805
Due after five years through ten years 53,273 32,441
Due after ten years 767,166 749,874
Total 838,568 804,505
Mortgage-backed securities 1,059,321 439,879
Fair Value    
Due in one year or less 245 1,398
Due after one year through five years 18,467 21,769
Due after five years through ten years 55,337 34,025
Due after ten years 779,974 757,303
Total 854,023 814,495
Mortgage-backed securities 1,063,582 453,607
SBA securities    
Available-for-sale debt securities [Abstract]    
Amortized Cost 162,922 159,722
Gross Unrealized Gains 6,263 5,391
Gross Unrealized (Losses) 0 (158)
Fair Value 169,185 164,955
LESS THAN 12 MONTHS, Fair Value   32,257
LESS THAN 12 MONTHS, Gross Unrealized (Losses)   (102)
OVER 12 MONTHS, Fair Value   9,875
OVER 12 MONTHS, Gross Unrealized (Losses)   (56)
TOTAL, Fair Value   42,132
TOTAL, Gross Unrealized (Losses)   (158)
Obligations of states and political subdivisions    
Available-for-sale debt securities [Abstract]    
Amortized Cost 2,758 825
Gross Unrealized Gains 8 16
Gross Unrealized (Losses) 0 0
Fair Value 2,766 841
Non-bank qualified obligations of states and political subdivisions    
Available-for-sale debt securities [Abstract]    
Amortized Cost 267,031 314,819
Gross Unrealized Gains 7,423 8,978
Gross Unrealized (Losses) (104) (23)
Fair Value 274,350 323,774
LESS THAN 12 MONTHS, Fair Value 24,357 6,265
LESS THAN 12 MONTHS, Gross Unrealized (Losses) (104) (6)
OVER 12 MONTHS, Fair Value 0 3,103
OVER 12 MONTHS, Gross Unrealized (Losses) 0 (17)
TOTAL, Fair Value 24,357 9,368
TOTAL, Gross Unrealized (Losses) (104) (23)
Asset-backed securities    
Available-for-sale debt securities [Abstract]    
Amortized Cost 405,857 329,139
Gross Unrealized Gains 2,760 2,015
Gross Unrealized (Losses) (895) (6,229)
Fair Value 407,722 324,925
LESS THAN 12 MONTHS, Fair Value 124,158 106,474
LESS THAN 12 MONTHS, Gross Unrealized (Losses) (234) (1,089)
OVER 12 MONTHS, Fair Value 94,726 178,686
OVER 12 MONTHS, Gross Unrealized (Losses) (661) (5,140)
TOTAL, Fair Value 218,884 285,160
TOTAL, Gross Unrealized (Losses) (895) (6,229)
Mortgage-backed securities    
Available-for-sale debt securities [Abstract]    
Amortized Cost 1,059,321 439,879
Gross Unrealized Gains 9,866 14,567
Gross Unrealized (Losses) (5,605) (839)
Fair Value 1,063,582 453,607
LESS THAN 12 MONTHS, Fair Value 695,230 138,338
LESS THAN 12 MONTHS, Gross Unrealized (Losses) (4,207) (839)
OVER 12 MONTHS, Fair Value 55,415 0
OVER 12 MONTHS, Gross Unrealized (Losses) (1,398) 0
TOTAL, Fair Value 750,645 138,338
TOTAL, Gross Unrealized (Losses) (5,605) (839)
Total debt securities AFS    
Available-for-sale debt securities [Abstract]    
Amortized Cost 1,897,889 1,244,384
Gross Unrealized Gains 26,320 30,967
Gross Unrealized (Losses) (6,604) (7,249)
Fair Value 1,917,605 1,268,102
LESS THAN 12 MONTHS, Fair Value 843,745 283,334
LESS THAN 12 MONTHS, Gross Unrealized (Losses) (4,545) (2,036)
OVER 12 MONTHS, Fair Value 150,141 191,664
OVER 12 MONTHS, Gross Unrealized (Losses) (2,059) (5,213)
TOTAL, Fair Value 993,886 474,998
TOTAL, Gross Unrealized (Losses) $ (6,604) $ (7,249)
v3.21.2
SECURITIES - Held to Maturity (Details) - USD ($)
$ in Thousands
Jun. 30, 2021
Sep. 30, 2020
Debt Securities, Held-to-maturity, Fair Value to Amortized Cost [Abstract]    
Amortized Cost $ 64,247 $ 92,610
Gross Unrealized Gains 1,176 1,164
Gross Unrealized (Losses) (2) (29)
Fair Value 65,421 93,745
Debt Securities, Held-to-maturity, Continuous Unrealized Loss Position [Abstract]    
LESS THAN 12 MONTHS, Fair Value 2,859 7,397
LESS THAN 12 MONTHS, Gross Unrealized (Losses) (2) (9)
OVER 12 MONTHS, Fair Value 0 3,637
OVER 12 MONTHS, Gross Unrealized (Losses) 0 (20)
TOTAL, Fair Value 2,859 11,034
TOTAL, Gross Unrealized (Losses) (2) (29)
Amortized Cost    
Due after ten years 60,228 87,183
Total 60,228 87,183
Mortgage-backed securities 4,019 5,427
Fair Value    
Due after ten years 61,330 88,194
Total 61,330 88,194
Mortgage-backed securities 4,091 5,551
Non-bank qualified obligations of states and political subdivisions    
Debt Securities, Held-to-maturity, Fair Value to Amortized Cost [Abstract]    
Amortized Cost 60,228 87,183
Gross Unrealized Gains 1,104 1,040
Gross Unrealized (Losses) (2) (29)
Fair Value 61,330 88,194
Debt Securities, Held-to-maturity, Continuous Unrealized Loss Position [Abstract]    
LESS THAN 12 MONTHS, Fair Value 2,859 7,397
LESS THAN 12 MONTHS, Gross Unrealized (Losses) (2) (9)
OVER 12 MONTHS, Fair Value 0 3,637
OVER 12 MONTHS, Gross Unrealized (Losses) 0 (20)
TOTAL, Fair Value 2,859 11,034
TOTAL, Gross Unrealized (Losses) (2) (29)
Mortgage-backed securities    
Debt Securities, Held-to-maturity, Fair Value to Amortized Cost [Abstract]    
Amortized Cost 4,019 5,427
Gross Unrealized Gains 72 124
Gross Unrealized (Losses) 0 0
Fair Value $ 4,091 $ 5,551
v3.21.2
LOANS AND LEASES, NET - Summary of Loans (Details) - USD ($)
$ in Thousands
Jun. 30, 2021
Mar. 31, 2021
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Sep. 30, 2019
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Total loans and leases $ 3,495,239   $ 3,314,140      
Net deferred loan origination costs (fees) 1,431   8,625      
Total gross loans and leases 3,496,670   3,322,765      
Allowance for credit losses (91,208) $ (98,892) (56,188) $ (65,747) $ (65,355) $ (29,149)
Total loans and leases, net 3,405,462   3,266,577      
National Lending            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Total loans and leases 3,191,255   2,828,576      
Allowance for credit losses (77,964) (84,865) (33,880) (45,338) (52,002) (21,021)
National Lending | Term lending            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Total loans and leases 920,279   805,323      
Allowance for credit losses (27,031) (27,315) (15,211) (14,513) (11,647) (5,533)
National Lending | Asset based lending            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Total loans and leases 263,237   182,419      
Allowance for credit losses (1,982) (1,749) (1,406) (1,831) (2,826) (2,437)
National Lending | Factoring            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Total loans and leases 320,629   281,173      
Allowance for credit losses (3,261) (3,210) (3,027) (2,669) (4,444) (3,261)
National Lending | Lease financing            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Total loans and leases 282,940   281,084      
Allowance for credit losses (6,919) (6,863) (7,023) (6,710) (2,683) (1,275)
National Lending | Insurance premium finance            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Total loans and leases 417,652   337,940      
Allowance for credit losses (1,589) (1,326) (2,129) (2,369) (2,142) (1,024)
National Lending | SBA/USDA            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Total loans and leases 263,709   318,387      
Allowance for credit losses (3,129) (3,300) (940) (1,140) (1,558) (383)
National Lending | Other commercial finance            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Total loans and leases 118,081   101,658      
Allowance for credit losses (724) (541) (182) (171) (552) (683)
National Lending | Commercial finance            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Total loans and leases 2,586,527   2,307,984      
Allowance for credit losses (44,635) (44,304) (29,918) (29,403) (25,852) (14,596)
National Lending | Consumer credit products            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Total loans and leases 105,440   89,809      
Allowance for credit losses (1,011) (990) (845) (971) (1,082) (1,044)
National Lending | Other consumer finance            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Total loans and leases 122,316   134,342      
Allowance for credit losses (7,643) (10,093) (2,821) (3,249) (3,414) (5,118)
National Lending | Consumer finance            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Total loans and leases 227,756   224,151      
Allowance for credit losses (8,654) (11,083) (3,666) (4,220) (4,496) (6,162)
National Lending | Tax services            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Total loans and leases 41,268   3,066      
Allowance for credit losses (24,343) (29,146) (2) (11,437) (21,320) 0
National Lending | Warehouse finance            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Total loans and leases 335,704   293,375      
Allowance for credit losses (332) (332) (294) (278) (334) (263)
Community Banking            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Total loans and leases 303,984   485,564      
Allowance for credit losses (13,244) (14,027) (22,308) (20,409) (13,353) (8,128)
Community Banking | Commercial real estate and operating            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Total loans and leases 294,810   457,371      
Allowance for credit losses (13,198) (13,965) (21,867) (16,757) (10,069) (6,208)
Community Banking | Consumer one-to-four family real estate and other            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Total loans and leases 1,349   16,486      
Allowance for credit losses (4) (17) (298) (2,936) (2,350) (1,053)
Community Banking | Agricultural real estate and operating            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Total loans and leases 7,825   11,707      
Allowance for credit losses $ (42) $ (45) $ (143) $ (716) $ (934) $ (867)
v3.21.2
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, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Loans Purchased, Total purchases $ 46,556 $ 2,728 $ 145,639 $ 120,406
Loans Sold, Loans held for sale     694,063 168,814
Loans Sold, Total sales 119,948 8,524 711,179 443,594
National Lending        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Loans Purchased, Total purchases 46,153 0 142,389 103,888
Loans Sold, Loans held for sale 118,132 8,524 464,378 168,814
Community Banking        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Loans Purchased, Total purchases 403 2,728 3,250 16,518
Loans Sold, Loans held for sale 0 0 232,979 271,681
Loans Sold, Loans held for investment $ 1,816 $ 0 $ 13,822 $ 3,099
v3.21.2
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, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Sep. 30, 2020
Net Investment in Lease [Abstract]          
Carrying amount $ 297,370   $ 297,370   $ 299,487
Unguaranteed residual assets 14,770   14,770   17,203
Unamortized initial direct costs 520   520   2,078
Unearned income (29,200)   (29,200)   (35,606)
Total net investment in direct financing and sales-type leases 283,460   283,460   $ 283,162
Operating Lease, Lease Income [Abstract]          
Interest income on net investments in direct financing and sales-type leases 6,344 $ 4,496 17,779 $ 12,958  
Lease income from operating lease payments 10,047 11,391 29,824 33,857  
Profit (loss) recorded on commencement date on sales-type leases 85 103 215 590  
Other 901 554 2,657 3,135  
Total leasing and equipment finance noninterest income 11,033 12,048 32,696 37,582  
Total lease income 17,377 $ 16,544 50,475 $ 50,540  
Sales-type and Direct Financing Leases, Lease Receivable, Fiscal Year Maturity [Abstract]          
Remaining in 2021 28,766   28,766    
2022 108,161   108,161    
2023 80,606   80,606    
2024 48,993   48,993    
2025 22,798   22,798    
Thereafter 8,046   8,046    
Equipment under leases not yet commenced 0   0    
Total undiscounted future minimum lease payments receivable for direct financing and sales-type leases 297,370   297,370    
Third-party residual value guarantees 0   0    
Total carrying amount of direct financing and sales-type lease $ 297,370   $ 297,370    
v3.21.2
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, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Oct. 01, 2020
Sep. 30, 2020
Allowance for Credit Losses [Roll Forward]            
Beginning Balance $ 98,892 $ 65,355 $ 56,188 $ 29,149    
Provision (recovery) for loan and lease losses 4,650 15,093 41,113 55,796    
Charge-offs (14,865) (15,604) (24,788) (22,709)    
Recoveries 2,531 903 5,922 3,511    
Ending Balance 91,208 65,747 91,208 65,747    
Ending Balance: Individually Evaluated for Impairment           $ 5,119
Ending Balance: Collectively Evaluated for Impairment           51,069
Total 91,208 65,747 91,208 65,747   56,188
Loans:            
Ending balance: individually evaluated for impairment           51,278
Ending balance: collectively evaluated for impairment           3,262,862
Total 3,495,239   3,495,239     3,314,140
Adjustment            
Allowance for Credit Losses [Roll Forward]            
Beginning Balance     12,773      
Total         $ 12,800 12,773
Unfunded commitments            
Allowance for Credit Losses [Roll Forward]            
Beginning Balance 779   32      
Provision (recovery) for loan and lease losses (38)   (122)      
Charge-offs 0   0      
Recoveries 0   0      
Ending Balance 741   741      
Total 741   741     32
Unfunded commitments | Adjustment            
Allowance for Credit Losses [Roll Forward]            
Beginning Balance     831      
Total           831
Total Committed Loans            
Allowance for Credit Losses [Roll Forward]            
Beginning Balance 99,671   56,220      
Provision (recovery) for loan and lease losses 4,612   40,991      
Charge-offs (14,865)   (24,788)      
Recoveries 2,531   5,922      
Ending Balance 91,949   91,949      
Total 91,949   91,949     56,220
Total Committed Loans | Adjustment            
Allowance for Credit Losses [Roll Forward]            
Beginning Balance     13,604      
Total           13,604
National Lending            
Allowance for Credit Losses [Roll Forward]            
Beginning Balance 84,865 52,002 33,880 21,021    
Provision (recovery) for loan and lease losses 5,433 8,037 44,096 43,515    
Charge-offs (14,865) (15,604) (24,644) (22,709)    
Recoveries 2,531 903 5,922 3,511    
Ending Balance 77,964 45,338 77,964 45,338    
Ending Balance: Individually Evaluated for Impairment           4,978
Ending Balance: Collectively Evaluated for Impairment           28,902
Total 77,964 45,338 77,964 45,338   33,880
Loans:            
Ending balance: individually evaluated for impairment           44,593
Ending balance: collectively evaluated for impairment           2,783,983
Total 3,191,255   3,191,255     2,828,576
National Lending | Adjustment            
Allowance for Credit Losses [Roll Forward]            
Beginning Balance     18,710      
Total           18,710
National Lending | Term lending            
Allowance for Credit Losses [Roll Forward]            
Beginning Balance 27,315 11,647 15,211 5,533    
Provision (recovery) for loan and lease losses 1,199 5,672 8,621 14,753    
Charge-offs (1,998) (2,831) (7,787) (6,003)    
Recoveries 515 25 987 230    
Ending Balance 27,031 14,513 27,031 14,513    
Ending Balance: Individually Evaluated for Impairment           3,155
Ending Balance: Collectively Evaluated for Impairment           12,056
Total 27,031 14,513 27,031 14,513   15,211
Loans:            
Ending balance: individually evaluated for impairment           26,085
Ending balance: collectively evaluated for impairment           779,238
Total 920,279   920,279     805,323
National Lending | Term lending | Adjustment            
Allowance for Credit Losses [Roll Forward]            
Beginning Balance     9,999      
Total           9,999
National Lending | Asset based lending            
Allowance for Credit Losses [Roll Forward]            
Beginning Balance 1,749 2,826 1,406 2,437    
Provision (recovery) for loan and lease losses 21 (953) 1,399 (611)    
Charge-offs 0 (42) (1,199) (42)    
Recoveries 212 0 212 47    
Ending Balance 1,982 1,831 1,982 1,831    
Ending Balance: Individually Evaluated for Impairment           355
Ending Balance: Collectively Evaluated for Impairment           1,051
Total 1,982 1,831 1,982 1,831   1,406
Loans:            
Ending balance: individually evaluated for impairment           5,317
Ending balance: collectively evaluated for impairment           177,102
Total 263,237   263,237     182,419
National Lending | Asset based lending | Adjustment            
Allowance for Credit Losses [Roll Forward]            
Beginning Balance     164      
Total           164
National Lending | Factoring            
Allowance for Credit Losses [Roll Forward]            
Beginning Balance 3,210 4,444 3,027 3,261    
Provision (recovery) for loan and lease losses 33 (1,997) (1,928) (509)    
Charge-offs 1 (140) 0 (875)    
Recoveries 17 362 1,175 792    
Ending Balance 3,261 2,669 3,261 2,669    
Ending Balance: Individually Evaluated for Impairment           274
Ending Balance: Collectively Evaluated for Impairment           2,753
Total 3,261 2,669 3,261 2,669   3,027
Loans:            
Ending balance: individually evaluated for impairment           5,071
Ending balance: collectively evaluated for impairment           276,102
Total 320,629   320,629     281,173
National Lending | Factoring | Adjustment            
Allowance for Credit Losses [Roll Forward]            
Beginning Balance     987      
Total           987
National Lending | Lease financing            
Allowance for Credit Losses [Roll Forward]            
Beginning Balance 6,863 2,683 7,023 1,275    
Provision (recovery) for loan and lease losses 842 4,293 2,375 5,841    
Charge-offs (916) (357) (2,264) (725)    
Recoveries 130 91 341 319    
Ending Balance 6,919 6,710 6,919 6,710    
Ending Balance: Individually Evaluated for Impairment           1,194
Ending Balance: Collectively Evaluated for Impairment           5,829
Total 6,919 6,710 6,919 6,710   7,023
Loans:            
Ending balance: individually evaluated for impairment           4,697
Ending balance: collectively evaluated for impairment           276,387
Total 282,940   282,940     281,084
National Lending | Lease financing | Adjustment            
Allowance for Credit Losses [Roll Forward]            
Beginning Balance     (556)      
Total           (556)
National Lending | Insurance premium finance            
Allowance for Credit Losses [Roll Forward]            
Beginning Balance 1,326 2,142 2,129 1,024    
Provision (recovery) for loan and lease losses (1,200) 596 (609) 2,671    
Charge-offs (120) (736) (925) (1,809)    
Recoveries 1,583 367 1,959 483    
Ending Balance 1,589 2,369 1,589 2,369    
Ending Balance: Individually Evaluated for Impairment           0
Ending Balance: Collectively Evaluated for Impairment           2,129
Total 1,589 2,369 1,589 2,369   2,129
Loans:            
Ending balance: individually evaluated for impairment           0
Ending balance: collectively evaluated for impairment           337,940
Total 417,652   417,652     337,940
National Lending | Insurance premium finance | Adjustment            
Allowance for Credit Losses [Roll Forward]            
Beginning Balance     (965)      
Total           (965)
National Lending | SBA/USDA            
Allowance for Credit Losses [Roll Forward]            
Beginning Balance 3,300 1,558 940 383    
Provision (recovery) for loan and lease losses (171) 716 (532) 2,007    
Charge-offs 0 (1,134) 0 (1,250)    
Recoveries 0 0 1 0    
Ending Balance 3,129 1,140 3,129 1,140    
Ending Balance: Individually Evaluated for Impairment           0
Ending Balance: Collectively Evaluated for Impairment           940
Total 3,129 1,140 3,129 1,140   940
Loans:            
Ending balance: individually evaluated for impairment           1,436
Ending balance: collectively evaluated for impairment           316,951
Total 263,709   263,709     318,387
National Lending | SBA/USDA | Adjustment            
Allowance for Credit Losses [Roll Forward]            
Beginning Balance     2,720      
Total           2,720
National Lending | Other commercial finance            
Allowance for Credit Losses [Roll Forward]            
Beginning Balance 541 552 182 683    
Provision (recovery) for loan and lease losses 183 (381) 178 (512)    
Charge-offs 0 0 0 0    
Recoveries 0 0 0 0    
Ending Balance 724 171 724 171    
Ending Balance: Individually Evaluated for Impairment           0
Ending Balance: Collectively Evaluated for Impairment           182
Total 724 171 724 171   182
Loans:            
Ending balance: individually evaluated for impairment           0
Ending balance: collectively evaluated for impairment           101,658
Total 118,081   118,081     101,658
National Lending | Other commercial finance | Adjustment            
Allowance for Credit Losses [Roll Forward]            
Beginning Balance     364      
Total           364
National Lending | Commercial finance            
Allowance for Credit Losses [Roll Forward]            
Beginning Balance 44,304 25,852 29,918 14,596    
Provision (recovery) for loan and lease losses 907 7,946 9,504 23,640    
Charge-offs (3,033) (5,240) (12,175) (10,704)    
Recoveries 2,457 845 4,675 1,871    
Ending Balance 44,635 29,403 44,635 29,403    
Ending Balance: Individually Evaluated for Impairment           4,978
Ending Balance: Collectively Evaluated for Impairment           24,940
Total 44,635 29,403 44,635 29,403   29,918
Loans:            
Ending balance: individually evaluated for impairment           42,606
Ending balance: collectively evaluated for impairment           2,265,378
Total 2,586,527   2,586,527     2,307,984
National Lending | Commercial finance | Adjustment            
Allowance for Credit Losses [Roll Forward]            
Beginning Balance     12,713      
Total           12,713
National Lending | Consumer credit products            
Allowance for Credit Losses [Roll Forward]            
Beginning Balance 990 1,082 845 1,044    
Provision (recovery) for loan and lease losses 21 (111) 166 (73)    
Charge-offs 0 0 0 0    
Recoveries 0 0 0 0    
Ending Balance 1,011 971 1,011 971    
Ending Balance: Individually Evaluated for Impairment           0
Ending Balance: Collectively Evaluated for Impairment           845
Total 1,011 971 1,011 971   845
Loans:            
Ending balance: individually evaluated for impairment           0
Ending balance: collectively evaluated for impairment           89,809
Total 105,440   105,440     89,809
National Lending | Consumer credit products | Adjustment            
Allowance for Credit Losses [Roll Forward]            
Beginning Balance     0      
Total           0
National Lending | Other consumer finance            
Allowance for Credit Losses [Roll Forward]            
Beginning Balance 10,093 3,414 2,821 5,118    
Provision (recovery) for loan and lease losses (180) 358 1,568 (474)    
Charge-offs (2,327) (567) (2,964) (2,208)    
Recoveries 57 44 220 813    
Ending Balance 7,643 3,249 7,643 3,249    
Ending Balance: Individually Evaluated for Impairment           0
Ending Balance: Collectively Evaluated for Impairment           2,821
Total 7,643 3,249 7,643 3,249   2,821
Loans:            
Ending balance: individually evaluated for impairment           1,987
Ending balance: collectively evaluated for impairment           132,355
Total 122,316   122,316     134,342
National Lending | Other consumer finance | Adjustment            
Allowance for Credit Losses [Roll Forward]            
Beginning Balance     5,998      
Total           5,998
National Lending | Consumer finance            
Allowance for Credit Losses [Roll Forward]            
Beginning Balance 11,083 4,496 3,666 6,162    
Provision (recovery) for loan and lease losses (159) 247 1,734 (547)    
Charge-offs (2,327) (567) (2,964) (2,208)    
Recoveries 57 44 220 813    
Ending Balance 8,654 4,220 8,654 4,220    
Ending Balance: Individually Evaluated for Impairment           0
Ending Balance: Collectively Evaluated for Impairment           3,666
Total 8,654 4,220 8,654 4,220   3,666
Loans:            
Ending balance: individually evaluated for impairment           1,987
Ending balance: collectively evaluated for impairment           222,164
Total 227,756   227,756     224,151
National Lending | Consumer finance | Adjustment            
Allowance for Credit Losses [Roll Forward]            
Beginning Balance     5,998      
Total           5,998
National Lending | Tax services            
Allowance for Credit Losses [Roll Forward]            
Beginning Balance 29,146 21,320 2 0    
Provision (recovery) for loan and lease losses 4,685 (100) 32,819 20,407    
Charge-offs (9,505) (9,797) (9,505) (9,797)    
Recoveries 17 14 1,027 827    
Ending Balance 24,343 11,437 24,343 11,437    
Ending Balance: Individually Evaluated for Impairment           0
Ending Balance: Collectively Evaluated for Impairment           2
Total 24,343 11,437 24,343 11,437   2
Loans:            
Ending balance: individually evaluated for impairment           0
Ending balance: collectively evaluated for impairment           3,066
Total 41,268   41,268     3,066
National Lending | Tax services | Adjustment            
Allowance for Credit Losses [Roll Forward]            
Beginning Balance     0      
Total           0
National Lending | Warehouse finance            
Allowance for Credit Losses [Roll Forward]            
Beginning Balance 332 334 294 263    
Provision (recovery) for loan and lease losses 0 (56) 39 15    
Charge-offs 0 0 0 0    
Recoveries 0 0 0 0    
Ending Balance 332 278 332 278    
Ending Balance: Individually Evaluated for Impairment           0
Ending Balance: Collectively Evaluated for Impairment           294
Total 332 278 332 278   294
Loans:            
Ending balance: individually evaluated for impairment           0
Ending balance: collectively evaluated for impairment           293,375
Total 335,704   335,704     293,375
National Lending | Warehouse finance | Adjustment            
Allowance for Credit Losses [Roll Forward]            
Beginning Balance     (1)      
Total           (1)
Community Banking            
Allowance for Credit Losses [Roll Forward]            
Beginning Balance 14,027 13,353 22,308 8,128    
Provision (recovery) for loan and lease losses (783) 7,056 (2,983) 12,281    
Charge-offs 0 0 (144) 0    
Recoveries 0 0 0 0    
Ending Balance 13,244 20,409 13,244 20,409    
Ending Balance: Individually Evaluated for Impairment           141
Ending Balance: Collectively Evaluated for Impairment           22,167
Total 13,244 20,409 13,244 20,409   22,308
Loans:            
Ending balance: individually evaluated for impairment           6,685
Ending balance: collectively evaluated for impairment           478,879
Total 303,984   303,984     485,564
Community Banking | Adjustment            
Allowance for Credit Losses [Roll Forward]            
Beginning Balance     (5,937)      
Total           (5,937)
Community Banking | Commercial real estate and operating            
Allowance for Credit Losses [Roll Forward]            
Beginning Balance 13,965 10,069 21,867 6,208    
Provision (recovery) for loan and lease losses (767) 6,688 (2,909) 10,549    
Charge-offs 0 0 (144) 0    
Recoveries 0 0 0 0    
Ending Balance 13,198 16,757 13,198 16,757    
Ending Balance: Individually Evaluated for Impairment           141
Ending Balance: Collectively Evaluated for Impairment           21,726
Total 13,198 16,757 13,198 16,757   21,867
Loans:            
Ending balance: individually evaluated for impairment           160
Ending balance: collectively evaluated for impairment           457,211
Total 294,810   294,810     457,371
Community Banking | Commercial real estate and operating | Adjustment            
Allowance for Credit Losses [Roll Forward]            
Beginning Balance     (5,616)      
Total           (5,616)
Community Banking | Consumer one-to-four family real estate and other            
Allowance for Credit Losses [Roll Forward]            
Beginning Balance 17 2,350 298 1,053    
Provision (recovery) for loan and lease losses (13) 586 (47) 1,883    
Charge-offs 0 0 0 0    
Recoveries 0 0 0 0    
Ending Balance 4 2,936 4 2,936    
Ending Balance: Individually Evaluated for Impairment           0
Ending Balance: Collectively Evaluated for Impairment           298
Total 4 2,936 4 2,936   298
Loans:            
Ending balance: individually evaluated for impairment           104
Ending balance: collectively evaluated for impairment           16,382
Total 1,349   1,349     16,486
Community Banking | Consumer one-to-four family real estate and other | Adjustment            
Allowance for Credit Losses [Roll Forward]            
Beginning Balance     (247)      
Total           (247)
Community Banking | Agricultural real estate and operating            
Allowance for Credit Losses [Roll Forward]            
Beginning Balance 45 934 143 867    
Provision (recovery) for loan and lease losses (3) (218) (27) (151)    
Charge-offs 0 0 0 0    
Recoveries 0 0 0 0    
Ending Balance 42 716 42 716    
Ending Balance: Individually Evaluated for Impairment           0
Ending Balance: Collectively Evaluated for Impairment           143
Total 42 $ 716 42 $ 716   143
Loans:            
Ending balance: individually evaluated for impairment           6,421
Ending balance: collectively evaluated for impairment           5,286
Total $ 7,825   7,825     11,707
Community Banking | Agricultural real estate and operating | Adjustment            
Allowance for Credit Losses [Roll Forward]            
Beginning Balance     $ (74)      
Total           $ (74)
v3.21.2
LOANS AND LEASES, NET - Impaired Loans (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Sep. 30, 2020
Loans and leases without a specific valuation allowance          
Impaired loans, unpaid balance $ 55,632   $ 55,632    
Recorded Balance         $ 36,900
Unpaid Principal Balance         40,401
Loans with a specific valuation allowance          
Recorded Balance         14,378
Unpaid Principal Balance         14,390
Specific Allowance         5,119
Average Recorded Investment 37,960 $ 45,578 34,856 $ 41,427  
Recognized Interest Income   171   267  
National Lending          
Loans and leases without a specific valuation allowance          
Impaired loans, unpaid balance 32,969   32,969    
Recorded Balance         30,375
Unpaid Principal Balance         33,876
Loans with a specific valuation allowance          
Recorded Balance         14,218
Unpaid Principal Balance         14,230
Specific Allowance         4,978
Average Recorded Investment 18,159 42,605 18,712 38,138  
Recognized Interest Income   160   365  
National Lending | Term lending          
Loans and leases without a specific valuation allowance          
Impaired loans, unpaid balance 25,994   25,994    
Recorded Balance         17,349
Unpaid Principal Balance         18,823
Loans with a specific valuation allowance          
Recorded Balance         8,736
Unpaid Principal Balance         8,736
Specific Allowance         3,155
Average Recorded Investment 14,964 28,848 14,190 24,946  
Recognized Interest Income   121   240  
National Lending | Asset based lending          
Loans and leases without a specific valuation allowance          
Impaired loans, unpaid balance 0   0    
Recorded Balance         3,914
Unpaid Principal Balance         3,914
Loans with a specific valuation allowance          
Recorded Balance         1,403
Unpaid Principal Balance         1,403
Specific Allowance         355
Average Recorded Investment 127 935 591 571  
Recognized Interest Income   0   0  
National Lending | Factoring          
Loans and leases without a specific valuation allowance          
Impaired loans, unpaid balance 1,232   1,232    
Recorded Balance         3,892
Unpaid Principal Balance         4,967
Loans with a specific valuation allowance          
Recorded Balance         1,179
Unpaid Principal Balance         1,191
Specific Allowance         274
Average Recorded Investment 33 4,715 337 4,387  
Recognized Interest Income   0   0  
National Lending | Lease financing          
Loans and leases without a specific valuation allowance          
Impaired loans, unpaid balance 2,946   2,946    
Recorded Balance         1,797
Unpaid Principal Balance         1,805
Loans with a specific valuation allowance          
Recorded Balance         2,900
Unpaid Principal Balance         2,900
Specific Allowance         1,194
Average Recorded Investment 2,435 2,946 2,994 2,929  
Recognized Interest Income   2   14  
National Lending | SBA/USDA          
Loans and leases without a specific valuation allowance          
Impaired loans, unpaid balance 600   600    
Recorded Balance         1,436
Unpaid Principal Balance         2,263
Loans with a specific valuation allowance          
Average Recorded Investment 600 3,162 600 3,530  
Recognized Interest Income   0   0  
National Lending | Commercial finance          
Loans and leases without a specific valuation allowance          
Impaired loans, unpaid balance 30,772   30,772    
Recorded Balance         28,388
Unpaid Principal Balance         31,772
Loans with a specific valuation allowance          
Recorded Balance         14,218
Unpaid Principal Balance         14,230
Specific Allowance         4,978
Average Recorded Investment 18,159 40,606 18,712 36,363  
Recognized Interest Income   123   254  
National Lending | Consumer credit products          
Loans and leases without a specific valuation allowance          
Impaired loans, unpaid balance 2,197   2,197    
National Lending | Other consumer finance          
Loans and leases without a specific valuation allowance          
Recorded Balance         1,987
Unpaid Principal Balance         2,104
Loans with a specific valuation allowance          
Average Recorded Investment   1,999   1,775  
Recognized Interest Income   37   111  
National Lending | Consumer finance          
Loans and leases without a specific valuation allowance          
Impaired loans, unpaid balance 2,197   2,197    
Recorded Balance         1,987
Unpaid Principal Balance         2,104
Loans with a specific valuation allowance          
Average Recorded Investment   1,999   1,775  
Recognized Interest Income   37   111  
Community Banking          
Loans and leases without a specific valuation allowance          
Impaired loans, unpaid balance 22,663   22,663    
Recorded Balance         6,525
Unpaid Principal Balance         6,525
Loans with a specific valuation allowance          
Recorded Balance         160
Unpaid Principal Balance         160
Specific Allowance         141
Average Recorded Investment 19,801 2,973 16,144 3,289  
Recognized Interest Income   11   (98)  
Community Banking | Commercial real estate and operating          
Loans and leases without a specific valuation allowance          
Impaired loans, unpaid balance 17,896   17,896    
Loans with a specific valuation allowance          
Recorded Balance         160
Unpaid Principal Balance         160
Specific Allowance         141
Average Recorded Investment 17,896 405 14,235 511  
Recognized Interest Income   1   27  
Community Banking | Consumer one-to-four family real estate and other          
Loans and leases without a specific valuation allowance          
Impaired loans, unpaid balance 110   110    
Recorded Balance         104
Unpaid Principal Balance         104
Loans with a specific valuation allowance          
Average Recorded Investment 136 131 140 101  
Recognized Interest Income   0   9  
Community Banking | Agricultural real estate and operating          
Loans and leases without a specific valuation allowance          
Impaired loans, unpaid balance 4,657   4,657    
Recorded Balance         6,421
Unpaid Principal Balance         $ 6,421
Loans with a specific valuation allowance          
Average Recorded Investment $ 1,769 2,437 $ 1,769 2,677  
Recognized Interest Income   $ 10   $ (134)  
v3.21.2
LOANS AND LEASES, NET - Credit Quality Indicator (Details) - USD ($)
$ in Thousands
Jun. 30, 2021
Sep. 30, 2020
Financing Receivable, Credit Quality Indicator [Line Items]    
Total gross loans and leases $ 3,496,670 $ 3,322,765
Pass    
Financing Receivable, Credit Quality Indicator [Line Items]    
2021 937,063  
2020 569,104  
2019 275,967  
2018 165,121  
2017 48,725  
Prior 73,084  
Revolving Loans and Leases 777,156  
Total gross loans and leases 2,846,220 2,701,484
Watch    
Financing Receivable, Credit Quality Indicator [Line Items]    
2021 12,120  
2020 20,925  
2019 10,365  
2018 12,573  
2017 19,249  
Prior 6,476  
Revolving Loans and Leases 85,551  
Total gross loans and leases 167,259 254,107
Special Mention    
Financing Receivable, Credit Quality Indicator [Line Items]    
2021 1,786  
2020 11,258  
2019 7,592  
2018 16,717  
2017 76  
Prior 1,909  
Revolving Loans and Leases 31,106  
Total gross loans and leases 70,444 63,427
Substandard    
Financing Receivable, Credit Quality Indicator [Line Items]    
2021 7,748  
2020 12,541  
2019 25,274  
2018 52,873  
2017 5,364  
Prior 5,569  
Revolving Loans and Leases 25,757  
Total gross loans and leases 135,126 61,572
Doubtful    
Financing Receivable, Credit Quality Indicator [Line Items]    
2021 258  
2020 1,383  
2019 5,149  
2018 376  
2017 0  
Prior 0  
Revolving Loans and Leases 0  
Total gross loans and leases 7,166 6,333
Total    
Financing Receivable, Credit Quality Indicator [Line Items]    
2021 958,975  
2020 615,211  
2019 324,347  
2018 247,660  
2017 73,414  
Prior 87,038  
Revolving Loans and Leases 919,570  
Total gross loans and leases 3,226,215 3,086,923
National Lending | Pass    
Financing Receivable, Credit Quality Indicator [Line Items]    
2021 937,063  
2020 555,264  
2019 189,839  
2018 100,936  
2017 20,628  
Prior 69,614  
Revolving Loans and Leases 777,156  
Total gross loans and leases 2,650,500 2,348,074
National Lending | Watch    
Financing Receivable, Credit Quality Indicator [Line Items]    
2021 12,120  
2020 20,001  
2019 7,237  
2018 1,621  
2017 3,415  
Prior 3,820  
Revolving Loans and Leases 85,551  
Total gross loans and leases 133,765 155,771
National Lending | Special Mention    
Financing Receivable, Credit Quality Indicator [Line Items]    
2021 1,786  
2020 11,258  
2019 7,368  
2018 3,035  
2017 76  
Prior 1,241  
Revolving Loans and Leases 31,106  
Total gross loans and leases 55,870 53,839
National Lending | Substandard    
Financing Receivable, Credit Quality Indicator [Line Items]    
2021 7,748  
2020 8,963  
2019 23,669  
2018 6,662  
2017 893  
Prior 1,238  
Revolving Loans and Leases 25,757  
Total gross loans and leases 74,930 37,922
National Lending | Doubtful    
Financing Receivable, Credit Quality Indicator [Line Items]    
2021 258  
2020 1,383  
2019 5,149  
2018 376  
2017 0  
Prior 0  
Revolving Loans and Leases 0  
Total gross loans and leases 7,166 5,753
National Lending | Total    
Financing Receivable, Credit Quality Indicator [Line Items]    
2021 958,975  
2020 596,869  
2019 233,262  
2018 112,630  
2017 25,012  
Prior 75,913  
Revolving Loans and Leases 919,570  
Total gross loans and leases 2,922,231 2,601,359
National Lending | Term lending | Pass    
Financing Receivable, Credit Quality Indicator [Line Items]    
2021 310,845  
2020 333,608  
2019 119,271  
2018 62,381  
2017 4,217  
Prior 5,433  
Revolving Loans and Leases 0  
Total gross loans and leases 835,755 725,101
National Lending | Term lending | Watch    
Financing Receivable, Credit Quality Indicator [Line Items]    
2021 6,568  
2020 9,609  
2019 5,821  
2018 450  
2017 43  
Prior 1,397  
Revolving Loans and Leases 0  
Total gross loans and leases 23,888 29,637
National Lending | Term lending | Special Mention    
Financing Receivable, Credit Quality Indicator [Line Items]    
2021 595  
2020 3,934  
2019 6,579  
2018 1,026  
2017 35  
Prior 1,241  
Revolving Loans and Leases 0  
Total gross loans and leases 13,410 24,501
National Lending | Term lending | Substandard    
Financing Receivable, Credit Quality Indicator [Line Items]    
2021 7,732  
2020 8,347  
2019 19,708  
2018 4,347  
2017 162  
Prior 359  
Revolving Loans and Leases 0  
Total gross loans and leases 40,655 21,249
National Lending | Term lending | Doubtful    
Financing Receivable, Credit Quality Indicator [Line Items]    
2021 71  
2020 1,207  
2019 4,982  
2018 311  
2017 0  
Prior 0  
Revolving Loans and Leases 0  
Total gross loans and leases 6,571 4,835
National Lending | Term lending | Total    
Financing Receivable, Credit Quality Indicator [Line Items]    
2021 325,811  
2020 356,705  
2019 156,361  
2018 68,515  
2017 4,457  
Prior 8,430  
Revolving Loans and Leases 0  
Total gross loans and leases 920,279 805,323
National Lending | Asset based lending | Pass    
Financing Receivable, Credit Quality Indicator [Line Items]    
2021 0  
2020 0  
2019 0  
2018 0  
2017 0  
Prior 0  
Revolving Loans and Leases 162,787  
Total gross loans and leases 162,787 102,013
National Lending | Asset based lending | Watch    
Financing Receivable, Credit Quality Indicator [Line Items]    
2021 0  
2020 0  
2019 0  
2018 0  
2017 0  
Prior 0  
Revolving Loans and Leases 66,290  
Total gross loans and leases 66,290 62,512
National Lending | Asset based lending | Special Mention    
Financing Receivable, Credit Quality Indicator [Line Items]    
2021 0  
2020 0  
2019 0  
2018 0  
2017 0  
Prior 0  
Revolving Loans and Leases 19,253  
Total gross loans and leases 19,253 12,577
National Lending | Asset based lending | Substandard    
Financing Receivable, Credit Quality Indicator [Line Items]    
2021 0  
2020 0  
2019 0  
2018 0  
2017 0  
Prior 0  
Revolving Loans and Leases 14,907  
Total gross loans and leases 14,907 5,317
National Lending | Asset based lending | Doubtful    
Financing Receivable, Credit Quality Indicator [Line Items]    
Total gross loans and leases   0
National Lending | Asset based lending | Total    
Financing Receivable, Credit Quality Indicator [Line Items]    
2021 0  
2020 0  
2019 0  
2018 0  
2017 0  
Prior 0  
Revolving Loans and Leases 263,237  
Total gross loans and leases 263,237 182,419
National Lending | Factoring | Pass    
Financing Receivable, Credit Quality Indicator [Line Items]    
2021 0  
2020 0  
2019 0  
2018 0  
2017 0  
Prior 0  
Revolving Loans and Leases 278,665  
Total gross loans and leases 278,665 217,245
National Lending | Factoring | Watch    
Financing Receivable, Credit Quality Indicator [Line Items]    
2021 0  
2020 0  
2019 0  
2018 0  
2017 0  
Prior 0  
Revolving Loans and Leases 19,261  
Total gross loans and leases 19,261 45,200
National Lending | Factoring | Special Mention    
Financing Receivable, Credit Quality Indicator [Line Items]    
2021 0  
2020 0  
2019 0  
2018 0  
2017 0  
Prior 0  
Revolving Loans and Leases 11,853  
Total gross loans and leases 11,853 13,657
National Lending | Factoring | Substandard    
Financing Receivable, Credit Quality Indicator [Line Items]    
2021 0  
2020 0  
2019 0  
2018 0  
2017 0  
Prior 0  
Revolving Loans and Leases 10,850  
Total gross loans and leases 10,850 5,071
National Lending | Factoring | Doubtful    
Financing Receivable, Credit Quality Indicator [Line Items]    
Total gross loans and leases   0
National Lending | Factoring | Total    
Financing Receivable, Credit Quality Indicator [Line Items]    
2021 0  
2020 0  
2019 0  
2018 0  
2017 0  
Prior 0  
Revolving Loans and Leases 320,629  
Total gross loans and leases 320,629 281,173
National Lending | Lease financing | Pass    
Financing Receivable, Credit Quality Indicator [Line Items]    
2021 87,134  
2020 118,080  
2019 38,073  
2018 10,010  
2017 4,766  
Prior 687  
Revolving Loans and Leases 0  
Total gross loans and leases 258,750 264,700
National Lending | Lease financing | Watch    
Financing Receivable, Credit Quality Indicator [Line Items]    
2021 4,574  
2020 10,358  
2019 490  
2018 349  
2017 253  
Prior 197  
Revolving Loans and Leases 0  
Total gross loans and leases 16,221 8,879
National Lending | Lease financing | Special Mention    
Financing Receivable, Credit Quality Indicator [Line Items]    
2021 1,119  
2020 558  
2019 114  
2018 206  
2017 39  
Prior 0  
Revolving Loans and Leases 0  
Total gross loans and leases 2,036 2,808
National Lending | Lease financing | Substandard    
Financing Receivable, Credit Quality Indicator [Line Items]    
2021 0  
2020 571  
2019 3,961  
2018 844  
2017 36  
Prior 156  
Revolving Loans and Leases 0  
Total gross loans and leases 5,568 4,148
National Lending | Lease financing | Doubtful    
Financing Receivable, Credit Quality Indicator [Line Items]    
2021 0  
2020 133  
2019 167  
2018 65  
2017  
Prior  
Revolving Loans and Leases 0  
Total gross loans and leases 365 549
National Lending | Lease financing | Total    
Financing Receivable, Credit Quality Indicator [Line Items]    
2021 92,827  
2020 129,700  
2019 42,805  
2018 11,474  
2017 5,094  
Prior 1,040  
Revolving Loans and Leases 0  
Total gross loans and leases 282,940 281,084
National Lending | Insurance premium finance | Pass    
Financing Receivable, Credit Quality Indicator [Line Items]    
2021 411,729  
2020 5,080  
2019 14  
2018 0  
2017 0  
Prior 0  
Revolving Loans and Leases 0  
Total gross loans and leases 416,823 336,364
National Lending | Insurance premium finance | Watch    
Financing Receivable, Credit Quality Indicator [Line Items]    
2021 421  
2020 34  
2019 0  
2018 0  
2017 0  
Prior 0  
Revolving Loans and Leases 0  
Total gross loans and leases 455 284
National Lending | Insurance premium finance | Special Mention    
Financing Receivable, Credit Quality Indicator [Line Items]    
2021 72  
2020 11  
2019 0  
2018 0  
2017 0  
Prior 0  
Revolving Loans and Leases 0  
Total gross loans and leases 83 222
National Lending | Insurance premium finance | Substandard    
Financing Receivable, Credit Quality Indicator [Line Items]    
2021 16  
2020 45  
2019 0  
2018 0  
2017 0  
Prior 0  
Revolving Loans and Leases 0  
Total gross loans and leases 61 701
National Lending | Insurance premium finance | Doubtful    
Financing Receivable, Credit Quality Indicator [Line Items]    
2021 187  
2020 43  
2019 0  
2018 0  
2017 0  
Prior 0  
Revolving Loans and Leases 0  
Total gross loans and leases 230 369
National Lending | Insurance premium finance | Total    
Financing Receivable, Credit Quality Indicator [Line Items]    
2021 412,425  
2020 5,213  
2019 14  
2018 0  
2017 0  
Prior 0  
Revolving Loans and Leases 0  
Total gross loans and leases 417,652 337,940
National Lending | SBA/USDA | Pass    
Financing Receivable, Credit Quality Indicator [Line Items]    
2021 108,286  
2020 80,971  
2019 23,094  
2018 22,268  
2017 8,066  
Prior 4,222  
Revolving Loans and Leases 0  
Total gross loans and leases 246,907 308,549
National Lending | SBA/USDA | Watch    
Financing Receivable, Credit Quality Indicator [Line Items]    
2021  
2020 0  
2019 926  
2018 822  
2017 2,272  
Prior 935  
Revolving Loans and Leases 0  
Total gross loans and leases 4,955 8,328
National Lending | SBA/USDA | Special Mention    
Financing Receivable, Credit Quality Indicator [Line Items]    
2021  
2020 6,755  
2019 675  
2018 1,803  
2017 0  
Prior 0  
Revolving Loans and Leases 0  
Total gross loans and leases 9,233 74
National Lending | SBA/USDA | Substandard    
Financing Receivable, Credit Quality Indicator [Line Items]    
2021  
2020  
2019  
2018 1,196  
2017 695  
Prior 723  
Revolving Loans and Leases 0  
Total gross loans and leases 2,614 1,436
National Lending | SBA/USDA | Doubtful    
Financing Receivable, Credit Quality Indicator [Line Items]    
Total gross loans and leases   0
National Lending | SBA/USDA | Total    
Financing Receivable, Credit Quality Indicator [Line Items]    
2021 108,286  
2020 87,726  
2019 24,695  
2018 26,089  
2017 11,033  
Prior 5,880  
Revolving Loans and Leases 0  
Total gross loans and leases 263,709 318,387
National Lending | Other commercial finance | Pass    
Financing Receivable, Credit Quality Indicator [Line Items]    
2021 19,070  
2020 17,525  
2019 9,387  
2018 6,277  
2017 3,579  
Prior 59,273  
Revolving Loans and Leases 0  
Total gross loans and leases 115,111 100,727
National Lending | Other commercial finance | Watch    
Financing Receivable, Credit Quality Indicator [Line Items]    
2021 556  
2020 0  
2019 0  
2018 0  
2017 847  
Prior 1,292  
Revolving Loans and Leases 0  
Total gross loans and leases 2,695 931
National Lending | Other commercial finance | Special Mention    
Financing Receivable, Credit Quality Indicator [Line Items]    
Total gross loans and leases   0
National Lending | Other commercial finance | Substandard    
Financing Receivable, Credit Quality Indicator [Line Items]    
2021 0  
2020 0  
2019 0  
2018 275  
2017 0  
Prior 0  
Revolving Loans and Leases 0  
Total gross loans and leases 275 0
National Lending | Other commercial finance | Doubtful    
Financing Receivable, Credit Quality Indicator [Line Items]    
Total gross loans and leases   0
National Lending | Other commercial finance | Total    
Financing Receivable, Credit Quality Indicator [Line Items]    
2021 19,626  
2020 17,525  
2019 9,387  
2018 6,552  
2017 4,426  
Prior 60,565  
Revolving Loans and Leases 0  
Total gross loans and leases 118,081 101,658
National Lending | Commercial finance | Pass    
Financing Receivable, Credit Quality Indicator [Line Items]    
Total gross loans and leases   2,054,699
National Lending | Commercial finance | Watch    
Financing Receivable, Credit Quality Indicator [Line Items]    
Total gross loans and leases   155,771
National Lending | Commercial finance | Special Mention    
Financing Receivable, Credit Quality Indicator [Line Items]    
Total gross loans and leases   53,839
National Lending | Commercial finance | Substandard    
Financing Receivable, Credit Quality Indicator [Line Items]    
Total gross loans and leases   37,922
National Lending | Commercial finance | Doubtful    
Financing Receivable, Credit Quality Indicator [Line Items]    
Total gross loans and leases   5,753
National Lending | Commercial finance | Total    
Financing Receivable, Credit Quality Indicator [Line Items]    
Total gross loans and leases   2,307,984
National Lending | Warehouse finance | Pass    
Financing Receivable, Credit Quality Indicator [Line Items]    
2021 0  
2020 0  
2019 0  
2018 0  
2017 0  
Prior 0  
Revolving Loans and Leases 335,704  
Total gross loans and leases 335,704 293,375
National Lending | Warehouse finance | Watch    
Financing Receivable, Credit Quality Indicator [Line Items]    
Total gross loans and leases   0
National Lending | Warehouse finance | Special Mention    
Financing Receivable, Credit Quality Indicator [Line Items]    
Total gross loans and leases   0
National Lending | Warehouse finance | Substandard    
Financing Receivable, Credit Quality Indicator [Line Items]    
Total gross loans and leases   0
National Lending | Warehouse finance | Doubtful    
Financing Receivable, Credit Quality Indicator [Line Items]    
Total gross loans and leases   0
National Lending | Warehouse finance | Total    
Financing Receivable, Credit Quality Indicator [Line Items]    
2021 0  
2020 0  
2019 0  
2018 0  
2017 0  
Prior 0  
Revolving Loans and Leases 335,704  
Total gross loans and leases 335,704 293,375
Community Banking | Pass    
Financing Receivable, Credit Quality Indicator [Line Items]    
2021 0  
2020 13,841  
2019 86,128  
2018 64,185  
2017 28,097  
Prior 3,469  
Revolving Loans and Leases 0  
Total gross loans and leases 195,720 353,410
Community Banking | Watch    
Financing Receivable, Credit Quality Indicator [Line Items]    
2021 0  
2020 924  
2019 3,128  
2018 10,952  
2017 15,834  
Prior 2,656  
Revolving Loans and Leases 0  
Total gross loans and leases 33,494 98,336
Community Banking | Special Mention    
Financing Receivable, Credit Quality Indicator [Line Items]    
2021 0  
2020 0  
2019 224  
2018 13,681  
2017 0  
Prior 669  
Revolving Loans and Leases 0  
Total gross loans and leases 14,574 9,588
Community Banking | Substandard    
Financing Receivable, Credit Quality Indicator [Line Items]    
2021 0  
2020 3,577  
2019 1,605  
2018 46,212  
2017 4,471  
Prior 4,331  
Revolving Loans and Leases 0  
Total gross loans and leases 60,196 23,650
Community Banking | Doubtful    
Financing Receivable, Credit Quality Indicator [Line Items]    
Total gross loans and leases   580
Community Banking | Total    
Financing Receivable, Credit Quality Indicator [Line Items]    
2021 0  
2020 18,342  
2019 91,085  
2018 135,030  
2017 48,402  
Prior 11,125  
Revolving Loans and Leases 0  
Total gross loans and leases 303,984 485,564
Community Banking | Commercial real estate and operating | Pass    
Financing Receivable, Credit Quality Indicator [Line Items]    
2021 0  
2020 13,841  
2019 85,971  
2018 63,844  
2017 27,728  
Prior 528  
Revolving Loans and Leases 0  
Total gross loans and leases 191,912 336,236
Community Banking | Commercial real estate and operating | Watch    
Financing Receivable, Credit Quality Indicator [Line Items]    
2021 0  
2020 924  
2019 3,128  
2018 10,952  
2017 15,834  
Prior 2,656  
Revolving Loans and Leases 0  
Total gross loans and leases 33,494 98,295
Community Banking | Commercial real estate and operating | Special Mention    
Financing Receivable, Credit Quality Indicator [Line Items]    
2021 0  
2020 0  
2019 224  
2018 13,681  
2017 0  
Prior 669  
Revolving Loans and Leases 0  
Total gross loans and leases 14,574 4,049
Community Banking | Commercial real estate and operating | Substandard    
Financing Receivable, Credit Quality Indicator [Line Items]    
2021 0  
2020 300  
2019 1,497  
2018 44,948  
2017 4,472  
Prior 3,613  
Revolving Loans and Leases 0  
Total gross loans and leases 54,830 18,211
Community Banking | Commercial real estate and operating | Doubtful    
Financing Receivable, Credit Quality Indicator [Line Items]    
Total gross loans and leases   580
Community Banking | Commercial real estate and operating | Total    
Financing Receivable, Credit Quality Indicator [Line Items]    
2021 0  
2020 15,065  
2019 90,820  
2018 133,425  
2017 48,034  
Prior 7,466  
Revolving Loans and Leases 0  
Total gross loans and leases 294,810 457,371
Community Banking | Consumer one-to-four family real estate and other | Pass    
Financing Receivable, Credit Quality Indicator [Line Items]    
2021 0  
2020 0  
2019 157  
2018 234  
2017 368  
Prior 355  
Revolving Loans and Leases 0  
Total gross loans and leases 1,114 15,648
Community Banking | Consumer one-to-four family real estate and other | Watch    
Financing Receivable, Credit Quality Indicator [Line Items]    
Total gross loans and leases   41
Community Banking | Consumer one-to-four family real estate and other | Special Mention    
Financing Receivable, Credit Quality Indicator [Line Items]    
Total gross loans and leases   609
Community Banking | Consumer one-to-four family real estate and other | Substandard    
Financing Receivable, Credit Quality Indicator [Line Items]    
2021 0  
2020 0  
2019 108  
2018 0  
2017 0  
Prior 127  
Revolving Loans and Leases 0  
Total gross loans and leases 235 188
Community Banking | Consumer one-to-four family real estate and other | Doubtful    
Financing Receivable, Credit Quality Indicator [Line Items]    
Total gross loans and leases   0
Community Banking | Consumer one-to-four family real estate and other | Total    
Financing Receivable, Credit Quality Indicator [Line Items]    
2021 0  
2020 0  
2019 265  
2018 234  
2017 368  
Prior 482  
Revolving Loans and Leases 0  
Total gross loans and leases 1,349 16,486
Community Banking | Agricultural real estate and operating | Pass    
Financing Receivable, Credit Quality Indicator [Line Items]    
2021 0  
2020 0  
2019 0  
2018 108  
2017 0  
Prior 2,586  
Revolving Loans and Leases 0  
Total gross loans and leases 2,694 1,526
Community Banking | Agricultural real estate and operating | Watch    
Financing Receivable, Credit Quality Indicator [Line Items]    
Total gross loans and leases   0
Community Banking | Agricultural real estate and operating | Special Mention    
Financing Receivable, Credit Quality Indicator [Line Items]    
Total gross loans and leases   4,930
Community Banking | Agricultural real estate and operating | Substandard    
Financing Receivable, Credit Quality Indicator [Line Items]    
2021 0  
2020 3,277  
2019 0  
2018 1,263  
2017 0  
Prior 591  
Revolving Loans and Leases 0  
Total gross loans and leases 5,131 5,251
Community Banking | Agricultural real estate and operating | Doubtful    
Financing Receivable, Credit Quality Indicator [Line Items]    
Total gross loans and leases   0
Community Banking | Agricultural real estate and operating | Total    
Financing Receivable, Credit Quality Indicator [Line Items]    
2021 0  
2020 3,277  
2019 0  
2018 1,371  
2017 0  
Prior 3,177  
Revolving Loans and Leases 0  
Total gross loans and leases $ 7,825 $ 11,707
v3.21.2
LOANS AND LEASES, NET - Past Due Loans (Details) - USD ($)
$ in Thousands
Jun. 30, 2021
Sep. 30, 2020
Financing Receivable, Past Due [Line Items]    
Loans and leases $ 3,496,670 $ 3,322,765
Accruing and Nonaccruing Loans and Leases    
Financing Receivable, Past Due [Line Items]    
Loans and leases 3,583,144 3,497,717
Accruing and Nonaccruing Loans and Leases | Total loans and leases held for investment    
Financing Receivable, Past Due [Line Items]    
Loans and leases 3,495,239 3,314,140
Accruing and Nonaccruing Loans and Leases | National Lending    
Financing Receivable, Past Due [Line Items]    
Loans and leases 3,191,255 2,828,576
Accruing and Nonaccruing Loans and Leases | National Lending | Loans held for sale    
Financing Receivable, Past Due [Line Items]    
Loans and leases 87,905 183,577
Accruing and Nonaccruing Loans and Leases | National Lending | Term lending    
Financing Receivable, Past Due [Line Items]    
Loans and leases 920,279 805,323
Accruing and Nonaccruing Loans and Leases | National Lending | Asset based lending    
Financing Receivable, Past Due [Line Items]    
Loans and leases 263,237 182,419
Accruing and Nonaccruing Loans and Leases | National Lending | Factoring    
Financing Receivable, Past Due [Line Items]    
Loans and leases 320,629 281,173
Accruing and Nonaccruing Loans and Leases | National Lending | Lease financing    
Financing Receivable, Past Due [Line Items]    
Loans and leases 282,940 281,084
Accruing and Nonaccruing Loans and Leases | National Lending | Insurance premium finance    
Financing Receivable, Past Due [Line Items]    
Loans and leases 417,652 337,940
Accruing and Nonaccruing Loans and Leases | National Lending | SBA/USDA    
Financing Receivable, Past Due [Line Items]    
Loans and leases 263,709 318,387
Accruing and Nonaccruing Loans and Leases | National Lending | Other commercial finance    
Financing Receivable, Past Due [Line Items]    
Loans and leases 118,081 101,658
Accruing and Nonaccruing Loans and Leases | National Lending | Commercial finance    
Financing Receivable, Past Due [Line Items]    
Loans and leases 2,586,527 2,307,984
Accruing and Nonaccruing Loans and Leases | National Lending | Consumer credit products    
Financing Receivable, Past Due [Line Items]    
Loans and leases 207,019 89,809
Accruing and Nonaccruing Loans and Leases | National Lending | Other consumer finance    
Financing Receivable, Past Due [Line Items]    
Loans and leases 20,737 134,342
Accruing and Nonaccruing Loans and Leases | National Lending | Consumer finance    
Financing Receivable, Past Due [Line Items]    
Loans and leases 227,756 224,151
Accruing and Nonaccruing Loans and Leases | National Lending | Tax services    
Financing Receivable, Past Due [Line Items]    
Loans and leases 41,268 3,066
Accruing and Nonaccruing Loans and Leases | National Lending | Warehouse finance    
Financing Receivable, Past Due [Line Items]    
Loans and leases 335,704 293,375
Accruing and Nonaccruing Loans and Leases | Community Banking    
Financing Receivable, Past Due [Line Items]    
Loans and leases 303,984 485,564
Accruing and Nonaccruing Loans and Leases | Community Banking | Commercial real estate and operating    
Financing Receivable, Past Due [Line Items]    
Loans and leases 294,810 457,371
Accruing and Nonaccruing Loans and Leases | Community Banking | Consumer one-to-four family real estate and other    
Financing Receivable, Past Due [Line Items]    
Loans and leases 1,349 16,486
Accruing and Nonaccruing Loans and Leases | Community Banking | Agricultural real estate and operating    
Financing Receivable, Past Due [Line Items]    
Loans and leases 7,825 11,707
Accruing and Nonaccruing Loans and Leases | 30-59 Days Past Due    
Financing Receivable, Past Due [Line Items]    
Loans and leases 23,022 15,220
Accruing and Nonaccruing Loans and Leases | 30-59 Days Past Due | Total loans and leases held for investment    
Financing Receivable, Past Due [Line Items]    
Loans and leases 23,022 15,220
Accruing and Nonaccruing Loans and Leases | 30-59 Days Past Due | National Lending    
Financing Receivable, Past Due [Line Items]    
Loans and leases 22,960 14,315
Accruing and Nonaccruing Loans and Leases | 30-59 Days Past Due | National Lending | Loans held for sale    
Financing Receivable, Past Due [Line Items]    
Loans and leases 0 0
Accruing and Nonaccruing Loans and Leases | 30-59 Days Past Due | National Lending | Term lending    
Financing Receivable, Past Due [Line Items]    
Loans and leases 11,146 11,900
Accruing and Nonaccruing Loans and Leases | 30-59 Days Past Due | National Lending | Asset based lending    
Financing Receivable, Past Due [Line Items]    
Loans and leases 0 17
Accruing and Nonaccruing Loans and Leases | 30-59 Days Past Due | National Lending | Factoring    
Financing Receivable, Past Due [Line Items]    
Loans and leases 0 0
Accruing and Nonaccruing Loans and Leases | 30-59 Days Past Due | National Lending | Lease financing    
Financing Receivable, Past Due [Line Items]    
Loans and leases 9,076 194
Accruing and Nonaccruing Loans and Leases | 30-59 Days Past Due | National Lending | Insurance premium finance    
Financing Receivable, Past Due [Line Items]    
Loans and leases 552 1,227
Accruing and Nonaccruing Loans and Leases | 30-59 Days Past Due | National Lending | SBA/USDA    
Financing Receivable, Past Due [Line Items]    
Loans and leases 1,343 0
Accruing and Nonaccruing Loans and Leases | 30-59 Days Past Due | National Lending | Other commercial finance    
Financing Receivable, Past Due [Line Items]    
Loans and leases 0 0
Accruing and Nonaccruing Loans and Leases | 30-59 Days Past Due | National Lending | Commercial finance    
Financing Receivable, Past Due [Line Items]    
Loans and leases 22,117 13,338
Accruing and Nonaccruing Loans and Leases | 30-59 Days Past Due | National Lending | Consumer credit products    
Financing Receivable, Past Due [Line Items]    
Loans and leases 843 377
Accruing and Nonaccruing Loans and Leases | 30-59 Days Past Due | National Lending | Other consumer finance    
Financing Receivable, Past Due [Line Items]    
Loans and leases 0 600
Accruing and Nonaccruing Loans and Leases | 30-59 Days Past Due | National Lending | Consumer finance    
Financing Receivable, Past Due [Line Items]    
Loans and leases 843 977
Accruing and Nonaccruing Loans and Leases | 30-59 Days Past Due | National Lending | Tax services    
Financing Receivable, Past Due [Line Items]    
Loans and leases 0 0
Accruing and Nonaccruing Loans and Leases | 30-59 Days Past Due | National Lending | Warehouse finance    
Financing Receivable, Past Due [Line Items]    
Loans and leases 0 0
Accruing and Nonaccruing Loans and Leases | 30-59 Days Past Due | Community Banking    
Financing Receivable, Past Due [Line Items]    
Loans and leases 62 905
Accruing and Nonaccruing Loans and Leases | 30-59 Days Past Due | Community Banking | Commercial real estate and operating    
Financing Receivable, Past Due [Line Items]    
Loans and leases 11 0
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]    
Loans and leases 51 905
Accruing and Nonaccruing Loans and Leases | 30-59 Days Past Due | Community Banking | Agricultural real estate and operating    
Financing Receivable, Past Due [Line Items]    
Loans and leases 0 0
Accruing and Nonaccruing Loans and Leases | 60-89 Days Past Due    
Financing Receivable, Past Due [Line Items]    
Loans and leases 52,617 15,353
Accruing and Nonaccruing Loans and Leases | 60-89 Days Past Due | Total loans and leases held for investment    
Financing Receivable, Past Due [Line Items]    
Loans and leases 52,617 15,353
Accruing and Nonaccruing Loans and Leases | 60-89 Days Past Due | National Lending    
Financing Receivable, Past Due [Line Items]    
Loans and leases 52,617 15,239
Accruing and Nonaccruing Loans and Leases | 60-89 Days Past Due | National Lending | Loans held for sale    
Financing Receivable, Past Due [Line Items]    
Loans and leases 0 0
Accruing and Nonaccruing Loans and Leases | 60-89 Days Past Due | National Lending | Term lending    
Financing Receivable, Past Due [Line Items]    
Loans and leases 6,714 3,851
Accruing and Nonaccruing Loans and Leases | 60-89 Days Past Due | National Lending | Asset based lending    
Financing Receivable, Past Due [Line Items]    
Loans and leases 0 0
Accruing and Nonaccruing Loans and Leases | 60-89 Days Past Due | National Lending | Factoring    
Financing Receivable, Past Due [Line Items]    
Loans and leases 0 0
Accruing and Nonaccruing Loans and Leases | 60-89 Days Past Due | National Lending | Lease financing    
Financing Receivable, Past Due [Line Items]    
Loans and leases 3,514 9,746
Accruing and Nonaccruing Loans and Leases | 60-89 Days Past Due | National Lending | Insurance premium finance    
Financing Receivable, Past Due [Line Items]    
Loans and leases 422 748
Accruing and Nonaccruing Loans and Leases | 60-89 Days Past Due | National Lending | SBA/USDA    
Financing Receivable, Past Due [Line Items]    
Loans and leases 0 0
Accruing and Nonaccruing Loans and Leases | 60-89 Days Past Due | National Lending | Other commercial finance    
Financing Receivable, Past Due [Line Items]    
Loans and leases 0 0
Accruing and Nonaccruing Loans and Leases | 60-89 Days Past Due | National Lending | Commercial finance    
Financing Receivable, Past Due [Line Items]    
Loans and leases 10,650 14,345
Accruing and Nonaccruing Loans and Leases | 60-89 Days Past Due | National Lending | Consumer credit products    
Financing Receivable, Past Due [Line Items]    
Loans and leases 1,009 358
Accruing and Nonaccruing Loans and Leases | 60-89 Days Past Due | National Lending | Other consumer finance    
Financing Receivable, Past Due [Line Items]    
Loans and leases 0 536
Accruing and Nonaccruing Loans and Leases | 60-89 Days Past Due | National Lending | Consumer finance    
Financing Receivable, Past Due [Line Items]    
Loans and leases 1,009 894
Accruing and Nonaccruing Loans and Leases | 60-89 Days Past Due | National Lending | Tax services    
Financing Receivable, Past Due [Line Items]    
Loans and leases 40,958 0
Accruing and Nonaccruing Loans and Leases | 60-89 Days Past Due | National Lending | Warehouse finance    
Financing Receivable, Past Due [Line Items]    
Loans and leases 0 0
Accruing and Nonaccruing Loans and Leases | 60-89 Days Past Due | Community Banking    
Financing Receivable, Past Due [Line Items]    
Loans and leases 0 114
Accruing and Nonaccruing Loans and Leases | 60-89 Days Past Due | Community Banking | Commercial real estate and operating    
Financing Receivable, Past Due [Line Items]    
Loans and leases 0 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]    
Loans and leases 0 114
Accruing and Nonaccruing Loans and Leases | 60-89 Days Past Due | Community Banking | Agricultural real estate and operating    
Financing Receivable, Past Due [Line Items]    
Loans and leases 0 0
Accruing and Nonaccruing Loans and Leases | Greater Than 90 Days    
Financing Receivable, Past Due [Line Items]    
Loans and leases 11,138 21,727
Accruing and Nonaccruing Loans and Leases | Greater Than 90 Days | Total loans and leases held for investment    
Financing Receivable, Past Due [Line Items]    
Loans and leases 11,138 21,727
Accruing and Nonaccruing Loans and Leases | Greater Than 90 Days | National Lending    
Financing Receivable, Past Due [Line Items]    
Loans and leases 9,369 19,278
Accruing and Nonaccruing Loans and Leases | Greater Than 90 Days | National Lending | Loans held for sale    
Financing Receivable, Past Due [Line Items]    
Loans and leases 0 0
Accruing and Nonaccruing Loans and Leases | Greater Than 90 Days | National Lending | Term lending    
Financing Receivable, Past Due [Line Items]    
Loans and leases 4,820 6,390
Accruing and Nonaccruing Loans and Leases | Greater Than 90 Days | National Lending | Asset based lending    
Financing Receivable, Past Due [Line Items]    
Loans and leases 0 0
Accruing and Nonaccruing Loans and Leases | Greater Than 90 Days | National Lending | Factoring    
Financing Receivable, Past Due [Line Items]    
Loans and leases 0 0
Accruing and Nonaccruing Loans and Leases | Greater Than 90 Days | National Lending | Lease financing    
Financing Receivable, Past Due [Line Items]    
Loans and leases 2,550 6,882
Accruing and Nonaccruing Loans and Leases | Greater Than 90 Days | National Lending | Insurance premium finance    
Financing Receivable, Past Due [Line Items]    
Loans and leases 874 2,364
Accruing and Nonaccruing Loans and Leases | Greater Than 90 Days | National Lending | SBA/USDA    
Financing Receivable, Past Due [Line Items]    
Loans and leases 600 1,027
Accruing and Nonaccruing Loans and Leases | Greater Than 90 Days | National Lending | Other commercial finance    
Financing Receivable, Past Due [Line Items]    
Loans and leases 0 0
Accruing and Nonaccruing Loans and Leases | Greater Than 90 Days | National Lending | Commercial finance    
Financing Receivable, Past Due [Line Items]    
Loans and leases 8,844 16,663
Accruing and Nonaccruing Loans and Leases | Greater Than 90 Days | National Lending | Consumer credit products    
Financing Receivable, Past Due [Line Items]    
Loans and leases 525 499
Accruing and Nonaccruing Loans and Leases | Greater Than 90 Days | National Lending | Other consumer finance    
Financing Receivable, Past Due [Line Items]    
Loans and leases 0 373
Accruing and Nonaccruing Loans and Leases | Greater Than 90 Days | National Lending | Consumer finance    
Financing Receivable, Past Due [Line Items]    
Loans and leases 525 872
Accruing and Nonaccruing Loans and Leases | Greater Than 90 Days | National Lending | Tax services    
Financing Receivable, Past Due [Line Items]    
Loans and leases 0 1,743
Accruing and Nonaccruing Loans and Leases | Greater Than 90 Days | National Lending | Warehouse finance    
Financing Receivable, Past Due [Line Items]    
Loans and leases 0 0
Accruing and Nonaccruing Loans and Leases | Greater Than 90 Days | Community Banking    
Financing Receivable, Past Due [Line Items]    
Loans and leases 1,769 2,449
Accruing and Nonaccruing Loans and Leases | Greater Than 90 Days | Community Banking | Commercial real estate and operating    
Financing Receivable, Past Due [Line Items]    
Loans and leases 0 630
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]    
Loans and leases 0 50
Accruing and Nonaccruing Loans and Leases | Greater Than 90 Days | Community Banking | Agricultural real estate and operating    
Financing Receivable, Past Due [Line Items]    
Loans and leases 1,769 1,769
Accruing and Nonaccruing Loans and Leases | Total Past Due    
Financing Receivable, Past Due [Line Items]    
Loans and leases 86,777 52,300
Accruing and Nonaccruing Loans and Leases | Total Past Due | Total loans and leases held for investment    
Financing Receivable, Past Due [Line Items]    
Loans and leases 86,777 52,300
Accruing and Nonaccruing Loans and Leases | Total Past Due | National Lending    
Financing Receivable, Past Due [Line Items]    
Loans and leases 84,946 48,832
Accruing and Nonaccruing Loans and Leases | Total Past Due | National Lending | Loans held for sale    
Financing Receivable, Past Due [Line Items]    
Loans and leases 0 0
Accruing and Nonaccruing Loans and Leases | Total Past Due | National Lending | Term lending    
Financing Receivable, Past Due [Line Items]    
Loans and leases 22,680 22,141
Accruing and Nonaccruing Loans and Leases | Total Past Due | National Lending | Asset based lending    
Financing Receivable, Past Due [Line Items]    
Loans and leases 0 17
Accruing and Nonaccruing Loans and Leases | Total Past Due | National Lending | Factoring    
Financing Receivable, Past Due [Line Items]    
Loans and leases 0 0
Accruing and Nonaccruing Loans and Leases | Total Past Due | National Lending | Lease financing    
Financing Receivable, Past Due [Line Items]    
Loans and leases 15,140 16,822
Accruing and Nonaccruing Loans and Leases | Total Past Due | National Lending | Insurance premium finance    
Financing Receivable, Past Due [Line Items]    
Loans and leases 1,848 4,339
Accruing and Nonaccruing Loans and Leases | Total Past Due | National Lending | SBA/USDA    
Financing Receivable, Past Due [Line Items]    
Loans and leases 1,943 1,027
Accruing and Nonaccruing Loans and Leases | Total Past Due | National Lending | Other commercial finance    
Financing Receivable, Past Due [Line Items]    
Loans and leases 0 0
Accruing and Nonaccruing Loans and Leases | Total Past Due | National Lending | Commercial finance    
Financing Receivable, Past Due [Line Items]    
Loans and leases 41,611 44,346
Accruing and Nonaccruing Loans and Leases | Total Past Due | National Lending | Consumer credit products    
Financing Receivable, Past Due [Line Items]    
Loans and leases 2,377 1,233
Accruing and Nonaccruing Loans and Leases | Total Past Due | National Lending | Other consumer finance    
Financing Receivable, Past Due [Line Items]    
Loans and leases 0 1,509
Accruing and Nonaccruing Loans and Leases | Total Past Due | National Lending | Consumer finance    
Financing Receivable, Past Due [Line Items]    
Loans and leases 2,377 2,743
Accruing and Nonaccruing Loans and Leases | Total Past Due | National Lending | Tax services    
Financing Receivable, Past Due [Line Items]    
Loans and leases 40,958 1,743
Accruing and Nonaccruing Loans and Leases | Total Past Due | National Lending | Warehouse finance    
Financing Receivable, Past Due [Line Items]    
Loans and leases 0 0
Accruing and Nonaccruing Loans and Leases | Total Past Due | Community Banking    
Financing Receivable, Past Due [Line Items]    
Loans and leases 1,831 3,468
Accruing and Nonaccruing Loans and Leases | Total Past Due | Community Banking | Commercial real estate and operating    
Financing Receivable, Past Due [Line Items]    
Loans and leases 11 630
Accruing and Nonaccruing Loans and Leases | Total Past Due | Community Banking | Consumer one-to-four family real estate and other    
Financing Receivable, Past Due [Line Items]    
Loans and leases 51 1,069
Accruing and Nonaccruing Loans and Leases | Total Past Due | Community Banking | Agricultural real estate and operating    
Financing Receivable, Past Due [Line Items]    
Loans and leases 1,769 1,769
Accruing and Nonaccruing Loans and Leases | Current    
Financing Receivable, Past Due [Line Items]    
Loans and leases 3,496,367 3,445,417
Accruing and Nonaccruing Loans and Leases | Current | Total loans and leases held for investment    
Financing Receivable, Past Due [Line Items]    
Loans and leases 3,408,462 3,261,840
Accruing and Nonaccruing Loans and Leases | Current | National Lending    
Financing Receivable, Past Due [Line Items]    
Loans and leases 3,106,309 2,779,744
Accruing and Nonaccruing Loans and Leases | Current | National Lending | Loans held for sale    
Financing Receivable, Past Due [Line Items]    
Loans and leases 87,905 183,577
Accruing and Nonaccruing Loans and Leases | Current | National Lending | Term lending    
Financing Receivable, Past Due [Line Items]    
Loans and leases 897,599 783,182
Accruing and Nonaccruing Loans and Leases | Current | National Lending | Asset based lending    
Financing Receivable, Past Due [Line Items]    
Loans and leases 263,237 182,402
Accruing and Nonaccruing Loans and Leases | Current | National Lending | Factoring    
Financing Receivable, Past Due [Line Items]    
Loans and leases 320,629 281,173
Accruing and Nonaccruing Loans and Leases | Current | National Lending | Lease financing    
Financing Receivable, Past Due [Line Items]    
Loans and leases 267,800 264,262
Accruing and Nonaccruing Loans and Leases | Current | National Lending | Insurance premium finance    
Financing Receivable, Past Due [Line Items]    
Loans and leases 415,804 333,601
Accruing and Nonaccruing Loans and Leases | Current | National Lending | SBA/USDA    
Financing Receivable, Past Due [Line Items]    
Loans and leases 261,766 317,360
Accruing and Nonaccruing Loans and Leases | Current | National Lending | Other commercial finance    
Financing Receivable, Past Due [Line Items]    
Loans and leases 118,081 101,658
Accruing and Nonaccruing Loans and Leases | Current | National Lending | Commercial finance    
Financing Receivable, Past Due [Line Items]    
Loans and leases 2,544,916 2,263,638
Accruing and Nonaccruing Loans and Leases | Current | National Lending | Consumer credit products    
Financing Receivable, Past Due [Line Items]    
Loans and leases 204,642 88,576
Accruing and Nonaccruing Loans and Leases | Current | National Lending | Other consumer finance    
Financing Receivable, Past Due [Line Items]    
Loans and leases 20,737 132,833
Accruing and Nonaccruing Loans and Leases | Current | National Lending | Consumer finance    
Financing Receivable, Past Due [Line Items]    
Loans and leases 225,379 221,408
Accruing and Nonaccruing Loans and Leases | Current | National Lending | Tax services    
Financing Receivable, Past Due [Line Items]    
Loans and leases 310 1,323
Accruing and Nonaccruing Loans and Leases | Current | National Lending | Warehouse finance    
Financing Receivable, Past Due [Line Items]    
Loans and leases 335,704 293,375
Accruing and Nonaccruing Loans and Leases | Current | Community Banking    
Financing Receivable, Past Due [Line Items]    
Loans and leases 302,153 482,096
Accruing and Nonaccruing Loans and Leases | Current | Community Banking | Commercial real estate and operating    
Financing Receivable, Past Due [Line Items]    
Loans and leases 294,799 456,741
Accruing and Nonaccruing Loans and Leases | Current | Community Banking | Consumer one-to-four family real estate and other    
Financing Receivable, Past Due [Line Items]    
Loans and leases 1,298 15,417
Accruing and Nonaccruing Loans and Leases | Current | Community Banking | Agricultural real estate and operating    
Financing Receivable, Past Due [Line Items]    
Loans and leases 6,056 9,938
Nonperforming Loans and Leases    
Financing Receivable, Past Due [Line Items]    
Loans and leases 41,907 34,018
Non-accrual balance 37,088 23,952
Nonperforming Loans and Leases | Total loans and leases held for investment    
Financing Receivable, Past Due [Line Items]    
Loans and leases 41,907 34,018
Non-accrual balance 37,088 23,952
Nonperforming Loans and Leases | National Lending    
Financing Receivable, Past Due [Line Items]    
Loans and leases 22,134 31,569
Non-accrual balance 17,315 21,553
Nonperforming Loans and Leases | National Lending | Loans held for sale    
Financing Receivable, Past Due [Line Items]    
Loans and leases 0 0
Non-accrual balance 0 0
Nonperforming Loans and Leases | National Lending | Term lending    
Financing Receivable, Past Due [Line Items]    
Loans and leases 16,543 16,540
Non-accrual balance 14,470 16,274
Nonperforming Loans and Leases | National Lending | Asset based lending    
Financing Receivable, Past Due [Line Items]    
Loans and leases 0 0
Non-accrual balance 0 0
Nonperforming Loans and Leases | National Lending | Factoring    
Financing Receivable, Past Due [Line Items]    
Loans and leases 37 1,096
Non-accrual balance 37 1,096
Nonperforming Loans and Leases | National Lending | Lease financing    
Financing Receivable, Past Due [Line Items]    
Loans and leases 3,611 7,927
Non-accrual balance 2,208 3,583
Nonperforming Loans and Leases | National Lending | Insurance premium finance    
Financing Receivable, Past Due [Line Items]    
Loans and leases 874 2,364
Non-accrual balance 0 0
Nonperforming Loans and Leases | National Lending | SBA/USDA    
Financing Receivable, Past Due [Line Items]    
Loans and leases 600 1,027
Non-accrual balance 600 600
Nonperforming Loans and Leases | National Lending | Other commercial finance    
Financing Receivable, Past Due [Line Items]    
Loans and leases 0 0
Non-accrual balance 0 0
Nonperforming Loans and Leases | National Lending | Commercial finance    
Financing Receivable, Past Due [Line Items]    
Loans and leases 21,665 28,954
Non-accrual balance 17,315 21,553
Nonperforming Loans and Leases | National Lending | Consumer credit products    
Financing Receivable, Past Due [Line Items]    
Loans and leases 469 499
Non-accrual balance 0 0
Nonperforming Loans and Leases | National Lending | Other consumer finance    
Financing Receivable, Past Due [Line Items]    
Loans and leases 0 373
Non-accrual balance 0 0
Nonperforming Loans and Leases | National Lending | Consumer finance    
Financing Receivable, Past Due [Line Items]    
Loans and leases 469 872
Non-accrual balance 0 0
Nonperforming Loans and Leases | National Lending | Tax services    
Financing Receivable, Past Due [Line Items]    
Loans and leases 0 1,743
Non-accrual balance 0 0
Nonperforming Loans and Leases | National Lending | Warehouse finance    
Financing Receivable, Past Due [Line Items]    
Loans and leases 0 0
Non-accrual balance 0 0
Nonperforming Loans and Leases | Community Banking    
Financing Receivable, Past Due [Line Items]    
Loans and leases 19,773 2,449
Non-accrual balance 19,773 2,399
Nonperforming Loans and Leases | Community Banking | Commercial real estate and operating    
Financing Receivable, Past Due [Line Items]    
Loans and leases 17,896 630
Non-accrual balance 17,896 580
Nonperforming Loans and Leases | Community Banking | Consumer one-to-four family real estate and other    
Financing Receivable, Past Due [Line Items]    
Loans and leases 108 50
Non-accrual balance 108 50
Nonperforming Loans and Leases | Community Banking | Agricultural real estate and operating    
Financing Receivable, Past Due [Line Items]    
Loans and leases 1,769 1,769
Non-accrual balance 1,769 1,769
Nonperforming Loans and Leases | Greater Than 90 Days    
Financing Receivable, Past Due [Line Items]    
Loans and leases 4,819 10,066
Nonperforming Loans and Leases | Greater Than 90 Days | Total loans and leases held for investment    
Financing Receivable, Past Due [Line Items]    
Loans and leases 4,819 10,066
Nonperforming Loans and Leases | Greater Than 90 Days | National Lending    
Financing Receivable, Past Due [Line Items]    
Loans and leases 4,819 10,016
Nonperforming Loans and Leases | Greater Than 90 Days | National Lending | Loans held for sale    
Financing Receivable, Past Due [Line Items]    
Loans and leases 0 0
Nonperforming Loans and Leases | Greater Than 90 Days | National Lending | Term lending    
Financing Receivable, Past Due [Line Items]    
Loans and leases 2,073 266
Nonperforming Loans and Leases | Greater Than 90 Days | National Lending | Asset based lending    
Financing Receivable, Past Due [Line Items]    
Loans and leases 0 0
Nonperforming Loans and Leases | Greater Than 90 Days | National Lending | Factoring    
Financing Receivable, Past Due [Line Items]    
Loans and leases 0 0
Nonperforming Loans and Leases | Greater Than 90 Days | National Lending | Lease financing    
Financing Receivable, Past Due [Line Items]    
Loans and leases 1,403 4,344
Nonperforming Loans and Leases | Greater Than 90 Days | National Lending | Insurance premium finance    
Financing Receivable, Past Due [Line Items]    
Loans and leases 874 2,364
Nonperforming Loans and Leases | Greater Than 90 Days | National Lending | SBA/USDA    
Financing Receivable, Past Due [Line Items]    
Loans and leases 0 427
Nonperforming Loans and Leases | Greater Than 90 Days | National Lending | Other commercial finance    
Financing Receivable, Past Due [Line Items]    
Loans and leases 0 0
Nonperforming Loans and Leases | Greater Than 90 Days | National Lending | Commercial finance    
Financing Receivable, Past Due [Line Items]    
Loans and leases 4,350 7,401
Nonperforming Loans and Leases | Greater Than 90 Days | National Lending | Consumer credit products    
Financing Receivable, Past Due [Line Items]    
Loans and leases 469 499
Nonperforming Loans and Leases | Greater Than 90 Days | National Lending | Other consumer finance    
Financing Receivable, Past Due [Line Items]    
Loans and leases 0 373
Nonperforming Loans and Leases | Greater Than 90 Days | National Lending | Consumer finance    
Financing Receivable, Past Due [Line Items]    
Loans and leases 469 872
Nonperforming Loans and Leases | Greater Than 90 Days | National Lending | Tax services    
Financing Receivable, Past Due [Line Items]    
Loans and leases 0 1,743
Nonperforming Loans and Leases | Greater Than 90 Days | National Lending | Warehouse finance    
Financing Receivable, Past Due [Line Items]    
Loans and leases 0 0
Nonperforming Loans and Leases | Greater Than 90 Days | Community Banking    
Financing Receivable, Past Due [Line Items]    
Loans and leases 0 50
Nonperforming Loans and Leases | Greater Than 90 Days | Community Banking | Commercial real estate and operating    
Financing Receivable, Past Due [Line Items]    
Loans and leases 0 50
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]    
Loans and leases 0 0
Nonperforming Loans and Leases | Greater Than 90 Days | Community Banking | Agricultural real estate and operating    
Financing Receivable, Past Due [Line Items]    
Loans and leases $ 0 $ 0
v3.21.2
LOANS AND LEASES, NET - Nonaccrual (Details) - USD ($)
$ in Thousands
Jun. 30, 2021
Sep. 30, 2020
Financing Receivable, Nonaccrual [Line Items]    
Loans and leases $ 3,496,670 $ 3,322,765
Nonaccrual Loans    
Financing Receivable, Nonaccrual [Line Items]    
2021 20  
2020 3,054  
2019 9,202  
2018 21,300  
2017 756  
Prior 2,756  
Revolving Loans and Leases 0  
Loans and leases 37,088  
Nonaccrual With No ACL 10,896  
Nonaccrual Loans | National Lending    
Financing Receivable, Nonaccrual [Line Items]    
2021 20  
2020 2,754  
2019 8,394  
2018 3,141  
2017 756  
Prior 2,250  
Revolving Loans and Leases 0  
Loans and leases 17,315  
Nonaccrual With No ACL 9,019  
Nonaccrual Loans | National Lending | Term lending    
Financing Receivable, Nonaccrual [Line Items]    
2021 20  
2020 2,506  
2019 6,862  
2018 2,865  
2017 147  
Prior 2,070  
Revolving Loans and Leases 0  
Loans and leases 14,470  
Nonaccrual With No ACL 7,558  
Nonaccrual Loans | National Lending | Asset based lending    
Financing Receivable, Nonaccrual [Line Items]    
2021 0  
2020 0  
2019 0  
2018 0  
2017 0  
Prior 0  
Revolving Loans and Leases 0  
Loans and leases 0  
Nonaccrual With No ACL 0  
Nonaccrual Loans | National Lending | Factoring    
Financing Receivable, Nonaccrual [Line Items]    
2021 0  
2020 0  
2019 13  
2018 0  
2017 0  
Prior 24  
Revolving Loans and Leases 0  
Loans and leases 37  
Nonaccrual With No ACL 37  
Nonaccrual Loans | National Lending | Lease financing    
Financing Receivable, Nonaccrual [Line Items]    
2021  
2020 248  
2019 1,519  
2018 276  
2017 9  
Prior 156  
Revolving Loans and Leases 0  
Loans and leases 2,208  
Nonaccrual With No ACL 824  
Nonaccrual Loans | National Lending | SBA/USDA    
Financing Receivable, Nonaccrual [Line Items]    
2021  
2020  
2019  
2018  
2017 600  
Prior 0  
Revolving Loans and Leases 0  
Loans and leases 600  
Nonaccrual With No ACL 600  
Nonaccrual Loans | National Lending | Commercial finance    
Financing Receivable, Nonaccrual [Line Items]    
2021 20  
2020 2,754  
2019 8,394  
2018 3,141  
2017 756  
Prior 2,250  
Revolving Loans and Leases 0  
Loans and leases 17,315  
Nonaccrual With No ACL 9,019  
Nonaccrual Loans | Community Banking    
Financing Receivable, Nonaccrual [Line Items]    
2021 0  
2020 300  
2019 808  
2018 18,159  
2017 0  
Prior 506  
Revolving Loans and Leases 0  
Loans and leases 19,773  
Nonaccrual With No ACL 1,877  
Nonaccrual Loans | Community Banking | Commercial real estate and operating    
Financing Receivable, Nonaccrual [Line Items]    
2021 0  
2020 300  
2019 700  
2018 16,896  
2017 0  
Prior 0  
Revolving Loans and Leases 0  
Loans and leases 17,896  
Nonaccrual With No ACL 0  
Nonaccrual Loans | Community Banking | Consumer one-to-four family real estate and other    
Financing Receivable, Nonaccrual [Line Items]    
2021 0  
2020 0  
2019 108  
2018 0  
2017 0  
Prior 0  
Revolving Loans and Leases 0  
Loans and leases 108  
Nonaccrual With No ACL 108  
Nonaccrual Loans | Community Banking | Agricultural real estate and operating    
Financing Receivable, Nonaccrual [Line Items]    
2021 0  
2020 0  
2019 0  
2018 1,263  
2017 0  
Prior 506  
Revolving Loans and Leases 0  
Loans and leases 1,769  
Nonaccrual With No ACL 1,769  
90 or More Days Delinquent and Accruing    
Financing Receivable, Nonaccrual [Line Items]    
2021 2,267  
2020 1,216  
2019 259  
2018 568  
2017 40  
Prior 383  
Revolving Loans and Leases 0  
Loans and leases 4,733  
90 or More Days Delinquent and Accruing | National Lending    
Financing Receivable, Nonaccrual [Line Items]    
2021 2,267  
2020 1,216  
2019 259  
2018 568  
2017 40  
Prior 383  
Revolving Loans and Leases 0  
Loans and leases 4,733  
90 or More Days Delinquent and Accruing | National Lending | Term lending    
Financing Receivable, Nonaccrual [Line Items]    
2021 1,142  
2020 685  
2019 36  
2018 196  
2017 14  
Prior 0  
Revolving Loans and Leases 0  
Loans and leases 2,073  
90 or More Days Delinquent and Accruing | National Lending | Lease financing    
Financing Receivable, Nonaccrual [Line Items]    
2021 356  
2020 426  
2019 223  
2018 372  
2017 26  
Prior 0  
Revolving Loans and Leases 0  
Loans and leases 1,403  
90 or More Days Delinquent and Accruing | National Lending | Insurance premium finance    
Financing Receivable, Nonaccrual [Line Items]    
2021 769  
2020 105  
2019 0  
2018 0  
2017 0  
Prior 0  
Revolving Loans and Leases 0  
Loans and leases 874  
90 or More Days Delinquent and Accruing | National Lending | Commercial finance    
Financing Receivable, Nonaccrual [Line Items]    
2021 2,267  
2020 1,216  
2019 259  
2018 568  
2017 40  
Prior 0  
Revolving Loans and Leases 0  
Loans and leases 4,350  
90 or More Days Delinquent and Accruing | National Lending | Other consumer finance    
Financing Receivable, Nonaccrual [Line Items]    
2021 0  
2020 0  
2019 0  
2018 0  
2017 0  
Prior 383  
Revolving Loans and Leases 0  
Loans and leases 383  
90 or More Days Delinquent and Accruing | National Lending | Consumer finance    
Financing Receivable, Nonaccrual [Line Items]    
2021 0  
2020 0  
2019 0  
2018 0  
2017 0  
Prior 383  
Revolving Loans and Leases 0  
Loans and leases $ 383  
v3.21.2
LOANS AND LEASES, NET - Additional Information (Details) - USD ($)
 3 Months Ended 9 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Sep. 30, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Loans and leases to held for sale     $ 118,037,000 $ 325,092,000  
Originated loans held for sale     472,935,000 63,396,000  
Proceeds from sale of loans held-for-sale     694,100,000 440,500,000  
Gain (loss) on sale of loans and leases     9,800,000 7,000,000.0  
Carrying amount of direct financing and sales-type leases subject to residual value guarantees $ 5,000,000.0   5,000,000.0    
Loans and leases 3,496,670,000   $ 3,496,670,000   $ 3,322,765,000
COVID-19 Pandemic          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Trial modifications, threshold of past due days prior to onset of pandemic effects     30 days    
Loans and leases still in deferment period 41,500,000   $ 41,500,000    
Consumer finance portfolio segment          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Loans and leases 227,800,000   227,800,000   224,200,000
Tax services loans          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Loans and leases 41,300,000   41,300,000   $ 3,100,000
National Lending          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
TDRs recorded investment 3,900,000 $ 1,400,000 6,000,000.0 5,500,000  
TDRs subsequent default, recorded investment     600,000 1,300,000  
National Lending | Other Consumer Finance, SBA/USDA and Consumer Credit Product Loans          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Originated loans held for sale     472,900,000 472,900,000  
National Lending | SBA/USDA and Consumer Credit Product Loans          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Originated loans held for sale     63,400,000 63,400,000  
Community Banking          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
TDRs recorded investment $ 0 $ 0 0 600,000  
TDRs subsequent default, recorded investment     $ 0 $ 3,300,000  
Minimum | COVID-19 Pandemic          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Trial modifications, payment deferral period     30 days    
Maximum | COVID-19 Pandemic          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Trial modifications, payment deferral period     6 months    
v3.21.2
LOANS AND LEASES, NET - Troubled Debt Restructured Loans (Details) - USD ($)
 3 Months Ended 9 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
National Lending        
Financing Receivable, Troubled Debt Restructuring [Line Items]        
TDRs recorded investment $ 3,900,000 $ 1,400,000 $ 6,000,000.0 $ 5,500,000
TDRs subsequent default, recorded investment     600,000 1,300,000
Community Banking        
Financing Receivable, Troubled Debt Restructuring [Line Items]        
TDRs recorded investment $ 0 $ 0 0 600,000
TDRs subsequent default, recorded investment     $ 0 $ 3,300,000
v3.21.2
EARNINGS PER COMMON SHARE ("EPS") (Details) - USD ($)
$ / shares in Units, $ in Thousands
 3 Months Ended 9 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Basic income per common share:        
Net income attributable to Meta Financial Group, Inc. $ 38,701 $ 18,190 $ 125,805 $ 91,562
Dividends and undistributed earnings allocated to participating securities (729) (432) (2,411) (2,097)
Basic net earnings available to common stockholders 37,972 17,758 123,394 89,465
Undistributed earnings allocated to nonvested restricted stockholders 699 391 2,318 1,974
Reallocation of undistributed earnings to nonvested restricted stockholders (699) (391) (2,316) (1,973)
Diluted net earnings available to common stockholders $ 37,972 $ 17,758 $ 123,396 $ 89,466
Total weighted average common shares outstanding (in shares) 31,320,893 33,794,154 31,880,653 35,180,068
Effect of dilutive securities        
Total effect of dilutive securities (in shares) 18,054 21,497 19,944 21,634
Weighted average dilutive common shares outstanding (in shares) 31,338,947 33,815,651 31,900,597 35,201,702
Net earnings per common share:        
Basic income per common share (in dollars per share) $ 1.21 $ 0.53 $ 3.87 $ 2.54
Diluted income per common share (in dollars per share) $ 1.21 $ 0.53 $ 3.87 $ 2.54
Weighted average shares of nonvested restricted stock, antidilutive (in shares) 601,693 821,884 622,954 824,809
Stock options        
Effect of dilutive securities        
Outstanding options - based upon the two-class method (in shares) 0 21,497 0 21,634
Performance share units        
Effect of dilutive securities        
Outstanding options - based upon the two-class method (in shares) 18,054 0 19,944 0
v3.21.2
RENTAL EQUIPMENT, NET - Schedule of Rental Equipment (Details) - USD ($)
$ in Thousands
Jun. 30, 2021
Sep. 30, 2020
Property, Plant and Equipment [Line Items]    
Total $ 273,518 $ 261,844
Accumulated depreciation (63,766) (57,601)
Unamortized initial direct costs 1,616 1,721
Net book value 211,368 205,964
Computers and IT networking equipment    
Property, Plant and Equipment [Line Items]    
Total 16,878 15,926
Motor vehicles and other    
Property, Plant and Equipment [Line Items]    
Total 81,881 52,913
Office furniture and equipment    
Property, Plant and Equipment [Line Items]    
Total 52,276 74,197
Solar panels and equipment    
Property, Plant and Equipment [Line Items]    
Total $ 122,483 $ 118,808
v3.21.2
RENTAL EQUIPMENT, NET - Schedule of Operating Leases, Future Minimum Payments (Details)
$ in Thousands
Jun. 30, 2021
USD ($)
Property, Plant and Equipment [Abstract]  
Remaining in 2021 $ 9,517
2022 31,311
2023 27,132
2024 19,511
2025 13,704
Thereafter 20,303
Total undiscounted future minimum lease payments receivable for operating leases $ 121,478
v3.21.2
FORECLOSURED REAL ESTATE AND REPOSSESSED ASSETS - Foreclosed and Repossessed Assets (Details) - Foreclosed Property - USD ($)
$ in Thousands
 9 Months Ended 12 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Sep. 30, 2020
Other Real Estate [Roll Forward]      
Balance, beginning of period $ 9,957 $ 29,494 $ 29,494
Additions 9 5,983  
Write-downs 481 568  
Sales 8,285 23,086  
(Gain) loss on sale (4) 5,039 5,000
Total reductions 8,762 28,693 28,100
Balance, ending of period $ 1,204 $ 6,784 $ 9,957
v3.21.2
FORECLOSURED REAL ESTATE AND REPOSSESSED ASSETS - Other Real Estate Owned (Details) - USD ($)
 9 Months Ended 12 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Sep. 30, 2020
Real Estate [Line Items]      
TDR valuation allowance $ 1,000,000.0   $ 500,000
Community Bank      
Real Estate [Line Items]      
Loans in process of foreclosure, amount 0   0
Foreclosed Property      
Real Estate [Line Items]      
Other real estate owned sold 8,762,000 $ 28,693,000 28,100,000
Gain (loss) on sale $ 4,000 $ (5,039,000) (5,000,000.0)
Agriculture Real Estate Customer | Agricultural real estate and operating      
Real Estate [Line Items]      
Revenue recognized in deferred rental income     1,100,000
OREO expenses     $ 200,000
v3.21.2
GOODWILL AND INTANGIBLE ASSETS - Narrative (Details) - USD ($)
 9 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Sep. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]      
Total goodwill $ 309,505,000 $ 309,505,000 $ 309,505,000
Goodwill, accumulated impairment 0    
Asset impairment charges $ 0 $ 0  
v3.21.2
GOODWILL AND INTANGIBLE ASSETS - Schedule of Intangible Asses (Details) - USD ($)
$ in Thousands
 9 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Finite-lived Intangible Assets [Roll Forward]    
Beginning Balance $ 41,692 $ 52,810
Acquisitions during the period 14 35
Amortization during the period (6,784) (8,714)
Write-offs during the period (24) (157)
Ending Balance 34,898 43,974
Gross carrying amount 109,324 109,304
Accumulated amortization (63,960) (54,892)
Accumulated impairment (10,466) (10,438)
Total anticipated intangible amortization 34,898 43,974
Trademarks    
Finite-lived Intangible Assets [Roll Forward]    
Beginning Balance 10,901 11,959
Acquisitions during the period 0 0
Amortization during the period (816) (793)
Write-offs during the period 0 0
Ending Balance 10,085 11,166
Gross carrying amount 14,624 14,624
Accumulated amortization (4,539) (3,458)
Accumulated impairment 0 0
Total anticipated intangible amortization $ 10,085 $ 11,166
Trademarks | Minimum    
Finite-lived Intangible Assets [Roll Forward]    
Useful life 5 years 5 years
Trademarks | Maximum    
Finite-lived Intangible Assets [Roll Forward]    
Useful life 15 years 15 years
Noncompete Agreements    
Finite-lived Intangible Assets [Roll Forward]    
Beginning Balance $ 422 $ 827
Acquisitions during the period 0 0
Amortization during the period (286) (310)
Write-offs during the period 0 0
Ending Balance 136 517
Gross carrying amount 2,481 2,480
Accumulated amortization (2,345) (1,963)
Accumulated impairment 0 0
Total anticipated intangible amortization $ 136 $ 517
Noncompete Agreements | Minimum    
Finite-lived Intangible Assets [Roll Forward]    
Useful life 3 years 3 years
Noncompete Agreements | Maximum    
Finite-lived Intangible Assets [Roll Forward]    
Useful life 5 years 5 years
Customer Relationships    
Finite-lived Intangible Assets [Roll Forward]    
Beginning Balance $ 24,333 $ 33,207
Acquisitions during the period 0 0
Amortization during the period (5,202) (7,112)
Write-offs during the period 0 0
Ending Balance 19,131 26,095
Gross carrying amount 82,088 82,088
Accumulated amortization (52,709) (45,745)
Accumulated impairment (10,248) (10,248)
Total anticipated intangible amortization $ 19,131 $ 26,095
Customer Relationships | Minimum    
Finite-lived Intangible Assets [Roll Forward]    
Useful life 10 years 10 years
Customer Relationships | Maximum    
Finite-lived Intangible Assets [Roll Forward]    
Useful life 30 years 30 years
Other Intangible Assets    
Finite-lived Intangible Assets [Roll Forward]    
Beginning Balance $ 6,036 $ 6,817
Acquisitions during the period 14 35
Amortization during the period (480) (499)
Write-offs during the period (24) (157)
Ending Balance 5,546 6,196
Gross carrying amount 10,131 10,112
Accumulated amortization (4,367) (3,726)
Accumulated impairment (218) (190)
Total anticipated intangible amortization $ 5,546 $ 6,196
Other Intangible Assets | Minimum    
Finite-lived Intangible Assets [Roll Forward]    
Useful life 3 years 3 years
Other Intangible Assets | Maximum    
Finite-lived Intangible Assets [Roll Forward]    
Useful life 20 years 20 years
v3.21.2
GOODWILL AND INTANGIBLE ASSETS - Schedule of Future Amortization (Details) - USD ($)
$ in Thousands
Jun. 30, 2021
Sep. 30, 2020
Jun. 30, 2020
Sep. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]        
Remaining in 2021 $ 1,762      
2022 6,419      
2023 5,101      
2024 4,383      
2025 3,827      
2026 3,253      
Thereafter 10,153      
Total anticipated intangible amortization $ 34,898 $ 41,692 $ 43,974 $ 52,810
v3.21.2
OPERATING LEASE RIGHT OF USE ASSETS AND LIABILITIES - Narrative (Details)
$ in Thousands
Jun. 30, 2021
USD ($)
Leases [Abstract]  
Operating lease, right-of-use asset $ 35,400
Operating lease, liability $ 37,552
v3.21.2
OPERATING LEASE RIGHT OF USE ASSETS AND LIABILITIES - Lease Maturity (Details)
$ in Thousands
Jun. 30, 2021
USD ($)
Leases [Abstract]  
Remaining in 2021 $ 1,232
2022 4,687
2023 4,180
2024 4,152
2025 4,027
Thereafter 24,926
Total undiscounted future minimum lease payments 43,204
Discount (5,652)
Total operating lease liabilities $ 37,552
v3.21.2
OPERATING LEASE RIGHT OF USE ASSETS AND LIABILITIES - Lease Cost (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Leases [Abstract]        
Weighted-average discount rate 2.31%   2.31%  
Weighted-average remaining lease term (years) 11 years   11 years  
Lease expense $ 1,191 $ 920 $ 3,136 $ 2,533
Short-term and variable lease cost 35 118 167 452
ROU asset impairment 0 0 224 0
Sublease income (126) (188) (411) (552)
Total lease cost for operating leases $ 1,100 $ 850 $ 3,116 $ 2,433
v3.21.2
STOCKHOLDERS' EQUITY (Details) - USD ($)
$ in Millions
 9 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Nov. 20, 2019
Equity, Class of Treasury Stock [Line Items]      
Stock repurchased during the period (in shares) 84,950 89,613  
Stock repurchased during the period, value $ 2.0 $ 3.0  
    Common Stock      
Equity, Class of Treasury Stock [Line Items]      
Shares authorized to be repurchased (in shares)     7,500,000
Stock repurchased under repurchase program (in shares) 2,684,408 3,498,394  
Remaining number of shares authorized to be repurchased (in shares) 1,550,173    
v3.21.2
STOCK COMPENSATION (Details)
$ / shares in Units, $ in Millions
 9 Months Ended
Jun. 30, 2021
USD ($)
$ / shares
shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Options exercisable (in shares) 0
Weighted Average Fair Value at Grant  
Stock based compensation expense not yet recognized in income | $ $ 7.2
Weighted average remaining period for unrecognized stock based compensation (in years) 2 years 3 days
Restricted Shares  
Number of Shares  
Nonvested shares outstanding, beginning of period (in shares) 790,083
Granted (in shares) 189,187
Vested (in shares) (277,429)
Forfeited or expired (in shares) (103,798)
Nonvested shares outstanding, end of period (in shares) 598,043
Weighted Average Fair Value at Grant  
Nonvested shares outstanding, beginning of period (in dollars per share) | $ / shares $ 30.03
Granted (in dollars per share) | $ / shares 30.78
Vested (in dollars per share) | $ / shares 30.19
Forfeited or expired (in dollars per share) | $ / shares 29.66
Nonvested shares outstanding, end of period (in dollars per share) | $ / shares $ 30.26
Performance share units  
Number of Shares  
Nonvested shares outstanding, beginning of period (in shares) 0
Granted (in shares) 60,984
Vested (in shares) 0
Forfeited or expired (in shares) 0
Nonvested shares outstanding, end of period (in shares) 60,984
Weighted Average Fair Value at Grant  
Nonvested shares outstanding, beginning of period (in dollars per share) | $ / shares $ 0
Granted (in dollars per share) | $ / shares 34.03
Vested (in dollars per share) | $ / shares 0
Forfeited or expired (in dollars per share) | $ / shares 0
Nonvested shares outstanding, end of period (in dollars per share) | $ / shares $ 34.03
v3.21.2
INCOME TAXES - Narrative (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Income Tax Disclosure [Abstract]        
Income tax expense (benefit) $ 4,934 $ (2,426) $ 9,600 $ 3,870
Effective tax rate     6.92% 3.91%
v3.21.2
INCOME TAXES - Schedule of Effective Income Tax Rate Reconciliation (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Income Tax Disclosure [Abstract]        
Provision at statutory rate     $ 28,435 $ 20,041
Tax-exempt income     (674) (936)
State income taxes     6,120 4,475
Interim period effective rate adjustment     (5,181) (8,850)
Tax credit investments, net - federal     (18,854) (9,863)
Research tax credit     (323) (1,709)
IRC 162(m) nondeductible compensation     677 1,250
Other, net     (600) (538)
Income tax expense $ 4,934 $ (2,426) $ 9,600 $ 3,870
Effective tax rate     6.92% 3.91%
v3.21.2
COMMITMENTS AND CONTINGENCIES (Details)
Feb. 09, 2018
USD ($)
Jun. 30, 2021
USD ($)
commitment
Sep. 30, 2020
USD ($)
commitment
Oct. 14, 2016
USD ($)
Loss Contingencies [Line Items]        
Unfunded loan commitments   $ 1,320,000,000 $ 1,220,000,000  
Number of investment commitments | commitment   0 0  
Securities, buy (sell) obligations   $ 0 $ 0  
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      
v3.21.2
REVENUE FROM CONTRACTS WITH CUSTOMERS - Narrative (Details) - USD ($)
Jun. 30, 2021
Sep. 30, 2020
Refund transfer product fees    
Disaggregation of Revenue [Line Items]    
Accounts receivable, before allowance for credit loss, current $ 0 $ 0
v3.21.2
REVENUE FROM CONTRACTS WITH CUSTOMERS - Schedule of Revenue by Segment (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Disaggregation of Revenue [Line Items]        
Net interest income $ 68,475 $ 62,137 $ 208,324 $ 194,525
Noninterest income 62,453 41,048 221,361 199,044
Revenue 130,928 103,185 429,685 393,569
Refund transfer product fees        
Disaggregation of Revenue [Line Items]        
Noninterest income 12,073 4,595 35,400 33,726
Tax advance product fees        
Disaggregation of Revenue [Line Items]        
Noninterest income 891 28 47,413 31,840
Payment card and deposit fees        
Disaggregation of Revenue [Line Items]        
Noninterest income 29,203 21,302 81,641 65,957
Other bank and deposit fees        
Disaggregation of Revenue [Line Items]        
Noninterest income 338 214 709 1,083
Rental income        
Disaggregation of Revenue [Line Items]        
Noninterest income 9,976 11,231 29,707 34,682
Net gain realized on investment securities        
Disaggregation of Revenue [Line Items]        
Noninterest income     6 0
Gain on divestitures        
Disaggregation of Revenue [Line Items]        
Noninterest income     0 19,275
Gain (loss) on sale of other        
Disaggregation of Revenue [Line Items]        
Noninterest income 5,955 1,214 10,935 969
Other income        
Disaggregation of Revenue [Line Items]        
Noninterest income 4,017 2,464 15,550 11,512
Consumer        
Disaggregation of Revenue [Line Items]        
Net interest income 23,254 25,754 70,686 58,473
Noninterest income 43,229 26,254 166,605 134,227
Revenue 66,483 52,008 237,291 192,700
Consumer | Refund transfer product fees        
Disaggregation of Revenue [Line Items]        
Noninterest income 12,073 4,595 35,400 33,726
Consumer | Tax advance product fees        
Disaggregation of Revenue [Line Items]        
Noninterest income 891 28 47,413 31,840
Consumer | Payment card and deposit fees        
Disaggregation of Revenue [Line Items]        
Noninterest income 29,203 21,302 81,641 65,957
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 6 5 16 14
Consumer | Net gain realized on investment securities        
Disaggregation of Revenue [Line Items]        
Noninterest income     0 0
Consumer | Gain on divestitures        
Disaggregation of Revenue [Line Items]        
Noninterest income     0 0
Consumer | Gain (loss) on sale of other        
Disaggregation of Revenue [Line Items]        
Noninterest income 0 0 0 (19)
Consumer | Other income        
Disaggregation of Revenue [Line Items]        
Noninterest income 1,056 324 2,135 2,709
Commercial        
Disaggregation of Revenue [Line Items]        
Net interest income 44,728 36,104 128,980 112,866
Noninterest income 17,988 13,920 47,094 44,422
Revenue 62,716 50,024 176,074 157,288
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 334 213 694 759
Commercial | Rental income        
Disaggregation of Revenue [Line Items]        
Noninterest income 9,970 11,226 29,691 33,354
Commercial | Net gain realized on investment securities        
Disaggregation of Revenue [Line Items]        
Noninterest income     0 0
Commercial | Gain on divestitures        
Disaggregation of Revenue [Line Items]        
Noninterest income     0 0
Commercial | Gain (loss) on sale of other        
Disaggregation of Revenue [Line Items]        
Noninterest income 5,982 1,214 10,198 6,131
Commercial | Other income        
Disaggregation of Revenue [Line Items]        
Noninterest income 1,702 1,267 6,511 4,178
Corporate Services/Other        
Disaggregation of Revenue [Line Items]        
Net interest income 493 279 8,658 23,186
Noninterest income 1,236 874 7,662 20,395
Revenue 1,729 1,153 16,320 43,581
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 4 1 15 324
Corporate Services/Other | Rental income        
Disaggregation of Revenue [Line Items]        
Noninterest income 0 0 0 1,314
Corporate Services/Other | Net gain realized on investment securities        
Disaggregation of Revenue [Line Items]        
Noninterest income     6 0
Corporate Services/Other | Gain on divestitures        
Disaggregation of Revenue [Line Items]        
Noninterest income     0 19,275
Corporate Services/Other | Gain (loss) on sale of other        
Disaggregation of Revenue [Line Items]        
Noninterest income (27) 0 737 (5,143)
Corporate Services/Other | Other income        
Disaggregation of Revenue [Line Items]        
Noninterest income $ 1,259 $ 873 $ 6,904 $ 4,625
v3.21.2
SEGMENT REPORTING (Details)
$ in Thousands
 3 Months Ended 9 Months Ended
Jun. 30, 2021
USD ($)
Jun. 30, 2020
USD ($)
Jun. 30, 2021
USD ($)
segment
Jun. 30, 2020
USD ($)
Sep. 30, 2020
USD ($)
Segment Reporting Information [Line Items]          
Number of reportable segments | segment     3    
Segment data [Abstract]          
Net interest income $ 68,475 $ 62,137 $ 208,324 $ 194,525  
Provision (recovery) for credit losses 4,612 15,093 40,991 55,796  
Noninterest income 62,453 41,048 221,361 199,044  
Noninterest expense 81,523 71,241 250,068 238,768  
Income before income tax expense 44,793 16,851 138,626 99,005  
Total assets 7,051,812 8,779,026 7,051,812 8,779,026 $ 6,092,074
Total goodwill 309,505 309,505 309,505 309,505 $ 309,505
Total deposits 5,888,871 7,590,325 5,888,871 7,590,325  
Consumer          
Segment data [Abstract]          
Net interest income 23,254 25,754 70,686 58,473  
Provision (recovery) for credit losses 4,507 (210) 34,893 20,334  
Noninterest income 43,229 26,254 166,605 134,227  
Noninterest expense 20,561 15,282 68,912 62,473  
Income before income tax expense 41,415 36,936 133,486 109,893  
Total assets 337,438 372,549 337,438 372,549  
Total goodwill 87,145 87,145 87,145 87,145  
Total deposits 5,715,197 6,767,516 5,715,197 6,767,516  
Commercial          
Segment data [Abstract]          
Net interest income 44,728 36,104 128,980 112,866  
Provision (recovery) for credit losses 870 7,946 9,540 23,641  
Noninterest income 17,988 13,920 47,094 44,422  
Noninterest expense 28,604 26,729 83,601 80,815  
Income before income tax expense 33,242 15,349 82,933 52,832  
Total assets 3,086,556 2,690,719 3,086,556 2,690,719  
Total goodwill 222,360 222,360 222,360 222,360  
Total deposits 8,941 9,243 8,941 9,243  
Corporate Services/Other          
Segment data [Abstract]          
Net interest income 493 279 8,658 23,186  
Provision (recovery) for credit losses (765) 7,357 (3,442) 11,821  
Noninterest income 1,236 874 7,662 20,395  
Noninterest expense 32,358 29,230 97,555 95,480  
Income before income tax expense (29,864) (35,434) (77,793) (63,720)  
Total assets 3,627,818 5,715,758 3,627,818 5,715,758  
Total goodwill 0 0 0 0  
Total deposits $ 164,733 $ 813,566 $ 164,733 $ 813,566  
v3.21.2
FAIR VALUE OF FINANCIAL INSTRUMENTS - Assets Measured at Fair Value on Recurring and Non-recurring Basis (Details) - USD ($)
$ in Thousands
Jun. 30, 2021
Sep. 30, 2020
Available-for-sale debt securities [Abstract]    
Mortgage-backed securities $ 1,063,582 $ 453,607
Level 1    
Available-for-sale debt securities [Abstract]    
Debt Securities, Available-for-sale, Total 0 0
Common equities and mutual funds 3,324 2,969
Level 2    
Available-for-sale debt securities [Abstract]    
Debt Securities, Available-for-sale, Total 1,917,605 1,268,102
Common equities and mutual funds 0 0
Level 3    
Available-for-sale debt securities [Abstract]    
Debt Securities, Available-for-sale, Total 0 0
Common equities and mutual funds 0 0
Recurring    
Available-for-sale debt securities [Abstract]    
Small business administration securities 169,185 164,955
Obligations of states and political subdivisions 2,766 841
Non-bank qualified obligations of states and political subdivisions 274,350 323,774
Asset-baked securities 407,722 324,925
Mortgage-backed securities 1,063,582 453,607
Debt Securities, Available-for-sale, Total 1,917,605 1,268,102
Common equities and mutual funds 3,324 2,969
Non-marketable equity securities 4,724 2,784
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
Debt Securities, Available-for-sale, Total 0 0
Common equities and mutual funds 3,324 2,969
Non-marketable equity securities 0 0
Recurring | Level 2    
Available-for-sale debt securities [Abstract]    
Small business administration securities 169,185 164,955
Obligations of states and political subdivisions 2,766 841
Non-bank qualified obligations of states and political subdivisions 274,350 323,774
Asset-baked securities 407,722 324,925
Mortgage-backed securities 1,063,582 453,607
Debt Securities, Available-for-sale, Total 1,917,605 1,268,102
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
Debt Securities, Available-for-sale, Total 0 0
Common equities and mutual funds 0 0
Non-marketable equity securities $ 0 $ 0
v3.21.2
FAIR VALUE OF FINANCIAL INSTRUMENTS - Quantitative Information (Details)
$ in Thousands
 9 Months Ended
Jun. 30, 2021
USD ($)
Sep. 30, 2020
USD ($)
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Foreclosed assets, net $ 1,204 $ 9,957
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) 90.00%  
Valuation, Market Approach | Minimum | Discount Rate    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Measurement input 0.04  
Valuation, Market Approach | Maximum | Discount Rate    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Measurement input 0.90  
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 3,498,673 3,307,037
Total impaired loans and leases, net | Level 3 | Valuation, Market Approach    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Fair value $ 13,341 9,260
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) 90.00%  
Foreclosed assets, net | Level 3 | Valuation, Market Approach    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Fair value $ 1,204 9,957
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 $ 14,545 19,217
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 14,545 19,217
Nonrecurring | Commercial finance    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Fair value 4,312 9,240
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 4,312 9,240
Nonrecurring | National Lending    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Fair value 4,312 9,240
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 4,312 9,240
Nonrecurring | Commercial real estate and operating    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Fair value 9,029 20
Nonrecurring | Commercial real estate and operating | Level 1    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Fair value 0 0
Nonrecurring | Commercial real estate and operating | Level 2    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Fair value 0 0
Nonrecurring | Commercial real estate and operating | Level 3    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Fair value 9,029 20
Nonrecurring | Community Banking    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Fair value 9,029 20
Nonrecurring | Community Banking | Level 1    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Fair value 0 0
Nonrecurring | Community Banking | Level 2    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Fair value 0 0
Nonrecurring | Community Banking | Level 3    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Fair value 9,029 20
Nonrecurring | Total impaired loans and leases, net    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Fair value 13,341 9,260
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 13,341 9,260
Nonrecurring | Foreclosed assets, net    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Foreclosed assets, net 1,204 9,957
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 $ 1,204 $ 9,957
v3.21.2
FAIR VALUE OF FINANCIAL INSTRUMENTS - Balance Sheet Grouping (Details) - USD ($)
$ in Thousands
Jun. 30, 2021
Sep. 30, 2020
Financial assets    
Fair Value $ 65,421 $ 93,745
Level 1    
Financial assets    
Cash and cash equivalents 720,243 427,367
Debt securities available for sale 0 0
Fair Value 0 0
Common equities and mutual funds 3,324 2,969
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 0
Accrued interest receivable 16,230 16,628
Financial liabilities    
Deposits 5,851,452 4,705,028
Other short- and long-term borrowings 0 0
Accrued interest payable 1,853 1,923
Level 2    
Financial assets    
Cash and cash equivalents 0 0
Debt securities available for sale 1,917,605 1,268,102
Fair Value 65,421 93,745
Common equities and mutual funds 0 0
Non-marketable equity securities 14,750 12,000
Loans held for sale 87,905 183,577
Loans and leases receivable 0 0
Federal Reserve Bank and Federal Home Loan Bank stocks 28,433 27,138
Accrued interest receivable 0 0
Financial liabilities    
Deposits 37,519 275,045
Other short- and long-term borrowings 94,979 100,185
Accrued interest payable 0 0
Level 3    
Financial assets    
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 3,498,673 3,307,037
Federal Reserve Bank and Federal Home Loan Bank stocks 0 0
Accrued interest receivable 0 0
Financial liabilities    
Deposits 0 0
Other short- and long-term borrowings 0 0
Accrued interest payable 0 0
Carrying Amount    
Financial assets    
Cash and cash equivalents 720,243 427,367
Debt securities available for sale 1,917,605 1,268,102
Fair Value 64,247 92,610
Common equities and mutual funds 3,324 2,969
Non-marketable equity securities 19,474 14,784
Loans held for sale 87,905 183,577
Loans and leases receivable 3,495,239 3,314,140
Federal Reserve Bank and Federal Home Loan Bank stocks 28,433 27,138
Accrued interest receivable 16,230 16,628
Financial liabilities    
Deposits 5,888,871 4,979,200
Other short- and long-term borrowings 93,634 98,224
Accrued interest payable 1,853 1,923
Estimated Fair Value    
Financial assets    
Cash and cash equivalents 720,243 427,367
Debt securities available for sale 1,917,605 1,268,102
Fair Value 65,421 93,745
Common equities and mutual funds 3,324 2,969
Non-marketable equity securities 19,474 14,784
Loans held for sale 87,905 183,577
Loans and leases receivable 3,498,673 3,307,037
Federal Reserve Bank and Federal Home Loan Bank stocks 28,433 27,138
Accrued interest receivable 16,230 16,628
Financial liabilities    
Deposits 5,888,971 4,980,073
Other short- and long-term borrowings 94,979 100,185
Accrued interest payable $ 1,853 $ 1,923