Fiscal period | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
Period End Date | 9/30/2024 | 9/30/2023 | 9/30/2022 | 9/30/2021 | 9/30/2020 | 9/30/2019 | 9/30/2018 | 9/30/2017 | 9/30/2016 | 9/30/2015 |
Loans | 1,165.85 | 900.07 | 601.59 | 537.66 | 545.71 | 568.10 | 515.81 | 470.52 | 454.09 | 437.00 |
Loans and securitized assets subject to repurchase | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Mortgage-Backed Securities | 59.78 | 43.18 | 26.33 | 24.71 | 49.31 | 74.49 | 70.41 | 60.61 | 62.95 | 71.39 |
Investment securities and cash equivalents | 146.08 | 99.70 | 38.44 | 29.24 | 26.25 | 28.89 | 20.87 | 17.78 | 19.76 | 22.16 |
Total Interest Income | 1,371.71 | 1,042.96 | 666.36 | 591.61 | 621.27 | 671.47 | 607.08 | 548.92 | 536.79 | 530.55 |
Customer accounts | 532.43 | 237.23 | 43.04 | 42.31 | 100.31 | 122.22 | 72.49 | 52.02 | 52.49 | 51.05 |
FHLB advances and other borrowings | 178.44 | 115.49 | 28.73 | 44.19 | 51.45 | 68.19 | 62.45 | 64.97 | 64.06 | 66.02 |
Total interest expense | 710.88 | 352.72 | 71.77 | 86.50 | 151.76 | 190.41 | 134.94 | 116.99 | 116.54 | 117.07 |
Net Interest Income | 660.83 | 690.23 | 594.59 | 505.11 | 469.51 | 481.06 | 472.14 | 431.93 | 420.25 | 413.48 |
Provision for (reversal of) loan losses | 17.50 | 41.50 | 3.00 | 0.50 | 21.75 | (1.65) | (5.45) | (2.10) | (6.25) | (11.16) |
Net interest income after provision for loan losses | 643.33 | 648.73 | 591.59 | 504.61 | 447.76 | 482.71 | 477.59 | 434.03 | 426.50 | 424.64 |
Loan fee income | 2.75 | 3.89 | 7.17 | 6.90 | 7.29 | 3.94 | 3.80 | 4.29 | 5.55 | 8.79 |
Deposit fee income | 27.51 | 26.05 | 25.94 | 24.69 | 23.69 | 24.88 | 25.90 | 22.64 | 21.74 | 22.46 |
Gain on sale of investments | 0.34 | 0.03 | 0.10 | 0.01 | 15.03 | (0.01) | -- | 3.50 | -- | 9.64 |
Gain on sale of mortgage-backed securities, net | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Other than temporary impairment charge | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Other non-interest (loss) income | 29.86 | 23.10 | 33.16 | 28.64 | 54.76 | 33.50 | 22.92 | 21.78 | 19.75 | 10.09 |
Loss on extinguishment of debt | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Gain on sale of real estate | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Gain on sale of real estate held for sale | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Gain on FDIC-assisted transaction | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Prepayment penalty on FHLB advance | -- | 0.00 | 0.00 | (13.79) | (13.81) | -- | -- | -- | -- | (10.55) |
FDIC loss share valuation adjustments | -- | -- | -- | -- | -- | -- | (8.55) | -- | -- | -- |
Gain (loss) on termination of hedging derivatives | 0.24 | (0.87) | -- | 14.11 | -- | -- | -- | -- | -- | -- |
Total Noninterest Income | 60.69 | 52.20 | 66.37 | 60.56 | 86.96 | 62.32 | 44.08 | 52.22 | 47.04 | 40.42 |
Compensation and fringe benefits | 234.15 | 196.53 | 193.92 | 176.11 | 147.60 | 133.59 | 123.55 | 112.26 | 112.88 | 119.94 |
Occupancy expense | 42.04 | 41.58 | 42.50 | 39.61 | 39.57 | 38.58 | 36.45 | 35.26 | 33.57 | 33.96 |
FDIC deposit insurance premiums | 28.87 | 20.03 | 9.53 | 14.37 | 10.94 | 9.81 | 11.59 | 11.41 | 11.82 | 7.92 |
Amortization of Intangibles | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Other | 65.93 | 47.48 | 45.89 | 41.13 | 47.54 | 46.20 | 41.71 | 29.76 | 29.13 | 24.74 |
Deferred loan origination costs | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Information technology | 53.31 | 49.45 | 47.20 | 42.74 | 52.90 | 38.96 | 34.64 | 28.86 | 30.98 | 15.98 |
Gain on real estate acquired through foreclosure, net | (0.30) | (0.18) | (0.65) | (0.43) | (0.03) | (0.81) | 0.10 | (1.49) | (10.05) | (9.30) |
Product delivery | 23.99 | 20.97 | 19.54 | 18.51 | 17.01 | 15.93 | 16.37 | 13.97 | 17.06 | 22.33 |
Total noninterest expenses | 447.97 | 375.86 | 357.92 | 332.03 | 315.53 | 282.25 | 264.42 | 230.03 | 225.40 | 215.55 |
Income Before Income Taxes | 256.06 | 325.08 | 300.04 | 233.14 | 219.19 | 262.78 | 257.24 | 256.22 | 248.13 | 249.52 |
Federal: Current | -- | 58.67 | 50.85 | 53.82 | -- | -- | -- | -- | 57.17 | -- |
Current | -- | -- | -- | -- | 55.09 | 50.93 | 44.56 | 92.80 | -- | 86.48 |
FEDERAL: Deferred | -- | 3.33 | 7.19 | (8.47) | -- | -- | -- | -- | 21.96 | -- |
State: Current | -- | 4.43 | 6.60 | 5.58 | -- | -- | -- | -- | 3.60 | -- |
State: Deferred | -- | 1.22 | (0.93) | (1.41) | -- | -- | -- | -- | 1.35 | -- |
Provision for Income Taxes - Total | 56.02 | 67.65 | 63.71 | 49.52 | 45.75 | 52.52 | 53.39 | 82.68 | 84.09 | 89.20 |
Deferred | -- | -- | -- | -- | (9.34) | 1.59 | 8.84 | (10.11) | -- | 2.73 |
Net Income | 200.04 | 257.43 | 236.33 | 183.62 | 173.44 | 210.26 | 203.85 | 173.53 | 164.05 | 160.32 |
Preferred dividends accrued | 14.63 | 14.63 | 14.63 | 10.03 | -- | -- | -- | -- | -- | -- |
Net Income (Loss) Available to Common Shareholders | 185.42 | 242.80 | 221.71 | 173.58 | 173.44 | 210.26 | 203.85 | 173.53 | 164.05 | 160.32 |
Net Earnings Per Share (Basic) | 2.50 | 3.72 | 3.40 | 2.39 | 2.26 | 2.61 | 2.40 | 1.95 | 1.79 | 1.68 |
Net Earnings Per Share (Diluted) | 2.50 | 3.72 | 3.39 | 2.39 | 2.26 | 2.61 | 2.40 | 1.94 | 1.78 | 1.67 |
Weighted Average Shares Outstanding (Basic) | 74.24 | 65.19 | 65.29 | 72.53 | 76.72 | 80.47 | 85.01 | 88.91 | 91.40 | 95.65 |
Weighted Average Shares Outstanding (Diluted) | 74.29 | 65.26 | 65.40 | 72.57 | 76.73 | 80.50 | 85.11 | 89.22 | 91.91 | 96.05 |