| Loans Receivable And Allowance For Credit Losses | LOANS RECEIVABLE AND ALLOWANCE FOR CREDIT LOSSES Loans receivable, net at the dates presented is summarized as follows: June 30, 2021 September 30, 2020 (Dollars in thousands) One- to four-family: Originated $ 3,977,129 $ 3,937,310 Correspondent purchased 1,953,185 2,101,082 Bulk purchased 179,019 208,427 Construction 30,325 34,593 Total 6,139,658 6,281,412 Commercial: Commercial real estate 680,664 626,588 Commercial and industrial 73,713 97,614 Construction 60,614 105,458 Total 814,991 829,660 Consumer: Home equity 88,587 103,838 Other 8,389 10,086 Total 96,976 113,924 Total loans receivable 7,051,625 7,224,996 Less: ACL 20,724 31,527 Discounts/unearned loan fees 30,593 29,190 Premiums/deferred costs (33,519) (38,572) $ 7,033,827 $ 7,202,851 Lending Practices and Underwriting Standards - Originating and purchasing one- to four-family loans is the Bank's primary lending business. The Bank also originates consumer loans primarily secured by one- to four-family residential properties and originates and participates in commercial loans. The Bank has a loan concentration in one- to four-family loans and a geographic concentration of these loans in Kansas and Missouri. One- to four-family loans - Full documentation to support an applicant's credit and income, and sufficient funds to cover all applicable fees and reserves at closing, are required on all loans. Generally, loans are underwritten according to the "ability to repay" and "qualified mortgage" standards, as issued by the Consumer Financial Protection Bureau ("CFPB"). Properties securing one- to four-family loans are appraised by either staff appraisers or fee appraisers, both of which are independent of the loan origination function. The underwriting standards for loans purchased from correspondent lenders are generally similar to the Bank's internal underwriting standards. The underwriting of loans purchased from correspondent lenders on a loan-by-loan basis is performed by the Bank's underwriters. The Bank also originates owner-occupied construction-to-permanent loans secured by one- to four-family residential real estate. Construction draw requests and the supporting documentation are reviewed and approved by designated personnel. The Bank also performs regular documented inspections of the construction project to ensure the funds are being used for the intended purpose and the project is being completed according to the plans and specifications provided. Commercial loans - The Bank's commercial real estate and commercial construction loans are originated by the Bank or are in participation with a lead bank. When underwriting a commercial real estate or commercial construction loan, several factors are considered, such as the income producing potential of the property, cash equity provided by the borrower, the financial strength of the borrower, managerial expertise of the borrower or tenant, feasibility studies, lending experience with the borrower and the marketability of the property. For commercial real estate and commercial construction participation loans, the Bank performs the same underwriting procedures as if the loan was being originated by the Bank. At the time of origination, LTV ratios on commercial real estate loans generally do not exceed 85% of the appraised value of the property securing the loans and the minimum debt service coverage ratio is generally 1.15. For commercial construction loans, LTV ratios generally do not exceed 80% of the projected appraised value of the property securing the loans and the minimum debt service coverage ratio is generally 1.15, but it applies to the projected cash flows, and the borrower must have successful experience with the construction and operation of properties similar to the subject property. Appraisals on properties securing these loans are performed by independent state certified fee appraisers. The Bank's commercial and industrial loans are generally made in the Bank's market areas and are underwritten on the basis of the borrower's ability to service the debt from income. With the exception of Paycheck Protection Program ("PPP") loans, which are unsecured, working capital loans are primarily collateralized by short-term assets whereas term loans are primarily collateralized by long-term assets. In general, commercial and industrial loans involve more credit risk than commercial real estate loans due to the type of collateral securing these loans. As a result of these additional complexities, variables and risks, these loans require more thorough underwriting and servicing than other types of loans. Consumer loans - The Bank offers a variety of secured consumer loans, including home equity loans and lines of credit, home improvement loans, vehicle loans, and loans secured by deposits. The Bank also originates a very limited amount of unsecured consumer loans. The majority of the consumer loan portfolio is comprised of home equity lines of credit for which the Bank also has the first mortgage or the home equity line of credit is in the first lien position. The underwriting standards for consumer loans include a determination of an applicant's payment history on other debts and an assessment of an applicant's ability to meet existing obligations and payments on the proposed loan. Although creditworthiness of an applicant is a primary consideration, the underwriting process also includes a comparison of the value of the security in relation to the proposed loan amount. Credit Quality Indicators - Based on the Bank's lending emphasis and underwriting standards, management has segmented the loan portfolio into three segments: (1) one- to four-family; (2) consumer; and (3) commercial. See discussion regarding the credit risks for these loan segments in Note 1. Summary of Significant Accounting Policies - Allowance for Credit Losses. These segments are further divided into classes for purposes of providing disaggregated credit quality information about the loan portfolio. The classes are: one- to four-family - originated, one- to four-family - correspondent purchased, one- to four-family - bulk purchased, consumer - home equity, consumer - other, commercial - commercial real estate, and commercial - commercial and industrial. One- to four-family construction loans are included in either the originated class or correspondent purchased class, and commercial construction loans are included in the commercial real estate class. As part of the on-going monitoring of the credit quality of the Company's loan portfolio, management tracks certain credit quality indicators including trends related to loan classification and delinquency status. Loan Classification - In accordance with the Bank's asset classification policy, management regularly reviews the problem loans in the Bank's portfolio to determine whether any loans require classification. Loan classifications are defined as follows: • Special mention - These loans are performing loans on which known information about the collateral pledged or the possible credit problems of the borrower(s) have caused management to have doubts as to the ability of the borrower(s) to comply with present loan repayment terms and which may result in the future inclusion of such loans in the non-performing loan categories. • Substandard - A loan is considered substandard if it is inadequately protected by the current net worth and paying capacity of the obligor or of the collateral pledged, if any. Substandard loans include those characterized by the distinct possibility the Bank will sustain some loss if the deficiencies are not corrected. • Doubtful - Loans classified as doubtful have all the weaknesses inherent in those classified as substandard, with the added characteristic that the weaknesses present make collection or liquidation in full on the basis of currently existing facts and conditions and values highly questionable and improbable. • Loss - Loans classified as loss are considered uncollectible and of such little value that their continuance as assets on the books is not warranted. The following table sets forth, as of June 30, 2021, the amortized cost of loans by class of financing receivable, year of origination or most recent credit decision, and loan classification. All revolving lines of credit are presented separately, regardless of origination year. Loans classified as doubtful or loss are individually evaluated for loss. At June 30, 2021, there were no loans classified as doubtful, and all loans classified as loss were fully charged-off. In the table below, certain commercial loans are presented in the "Current Fiscal Year" column and are reported as special mention or substandard. These loans were generally first originated in prior years but were renewed or modified in the current year. June 30, 2021 Current Fiscal Fiscal Fiscal Fiscal Revolving Fiscal Year Year Year Year Prior Line of Year 2020 2019 2018 2017 Years Credit Total (Dollars in thousands) One- to four-family: Originated Pass $ 774,522 $ 737,008 $ 352,275 $ 270,074 $ 298,371 $ 1,535,915 $ — $ 3,968,165 Special Mention 417 347 451 347 447 8,253 — 10,262 Substandard — 986 863 52 192 11,322 — 13,415 Correspondent purchased Pass 452,366 353,955 95,110 150,762 182,693 729,492 — 1,964,378 Special Mention 722 — 357 — — 3,554 — 4,633 Substandard — — 169 — — 6,076 — 6,245 Bulk purchased Pass — — — — — 175,150 — 175,150 Special Mention — — — — — — — — Substandard — — — — — 4,610 — 4,610 1,228,027 1,092,296 449,225 421,235 481,703 2,474,372 — 6,146,858 Commercial: Commercial real estate Pass 207,489 151,517 96,558 93,332 42,091 38,941 5,074 635,002 Special Mention 50,000 — — — — 50,008 — 100,008 Substandard 1,246 660 226 681 11 35 — 2,859 Commercial and industrial Pass 34,504 12,164 8,035 3,174 1,425 690 11,587 71,579 Special Mention — — — — — — — — Substandard — — — 86 48 — 1,064 1,198 293,239 164,341 104,819 97,273 43,575 89,674 17,725 810,646 Consumer: Home equity Pass 2,042 2,820 1,732 1,655 653 2,716 76,158 87,776 Special Mention — — 38 12 — — 186 236 Substandard — — — — — 15 641 656 Other Pass 2,963 1,962 1,382 1,055 516 183 303 8,364 Special Mention — — 1 — — — — 1 Substandard — 4 6 1 3 — — 14 5,005 4,786 3,159 2,723 1,172 2,914 77,288 97,047 Total $ 1,526,271 $ 1,261,423 $ 557,203 $ 521,231 $ 526,450 $ 2,566,960 $ 95,013 $ 7,054,551 The following table sets forth the recorded investment in loans classified as special mention or substandard, by class, at September 30, 2020 (prior to the adoption of CECL). At that date, there were no loans classified as doubtful, and all loans classified as loss were fully charged-off. September 30, 2020 Special Mention Substandard (Dollars in thousands) One- to four-family: Originated $ 9,249 $ 15,729 Correspondent purchased 2,076 4,512 Bulk purchased — 5,319 Commercial: Commercial real estate 50,957 3,541 Commercial and industrial 1,040 1,368 Consumer: Home equity 331 581 Other — 8 $ 63,653 $ 31,058 Delinquency Status - The following table sets forth, as of June 30, 2021, the amortized cost of current loans, loans 30 to 89 days delinquent, and loans 90 or more days delinquent or in foreclosure ("90+/FC"), by class of financing receivable and year of origination or most recent credit decision. All revolving lines of credit are presented separately, regardless of origination year. June 30, 2021 Current Fiscal Fiscal Fiscal Fiscal Revolving Fiscal Year Year Year Year Prior Line of Year 2020 2019 2018 2017 Years Credit Total (Dollars in thousands) One- to four-family: Originated Current $ 774,815 $ 738,341 $ 353,473 $ 270,107 $ 298,585 $ 1,547,709 $ — $ 3,983,030 30-89 124 — — 314 233 4,461 — 5,132 90+/FC — — 116 52 192 3,320 — 3,680 Correspondent purchased Current 452,366 353,955 95,467 150,762 181,762 732,948 — 1,967,260 30-89 722 — — — 931 2,050 — 3,703 90+/FC — — 169 — — 4,124 — 4,293 Bulk purchased Current — — — — — 176,164 — 176,164 30-89 — — — — — 971 — 971 90+/FC — — — — — 2,625 — 2,625 1,228,027 1,092,296 449,225 421,235 481,703 2,474,372 — 6,146,858 Commercial: Commercial real estate Current 258,735 151,517 96,558 93,750 42,102 88,949 5,074 736,685 30-89 — — — — — 35 — 35 90+/FC — 660 226 263 — — — 1,149 Commercial and industrial Current 34,504 12,164 8,035 3,174 1,425 690 12,651 72,643 30-89 — — — — — — — — 90+/FC — — — 86 48 — — 134 293,239 164,341 104,819 97,273 43,575 89,674 17,725 810,646 Consumer: Home equity Current 2,042 2,760 1,770 1,667 653 2,692 76,336 87,920 30-89 — 60 — — — 34 222 316 90+/FC — — — — — 5 427 432 Other Current 2,960 1,962 1,384 1,055 509 155 303 8,328 30-89 3 — — — 7 28 — 38 90+/FC — 4 5 1 3 — — 13 5,005 4,786 3,159 2,723 1,172 2,914 77,288 97,047 Total $ 1,526,271 $ 1,261,423 $ 557,203 $ 521,231 $ 526,450 $ 2,566,960 $ 95,013 $ 7,054,551 Delinquent and Nonaccrual Loans - The following tables present the amortized cost at June 30, 2021 and, prior to the adoption of CECL, the recorded investment, which is identical to amortized cost, at September 30, 2020, by class, of loans 30 to 89 days delinquent, loans 90 or more days delinquent or in foreclosure, total delinquent loans, current loans, and total. At June 30, 2021 and September 30, 2020, all loans 90 or more days delinquent were on nonaccrual status. June 30, 2021 90 or More Days Total Total 30 to 89 Days Delinquent or Delinquent Current Amortized Delinquent in Foreclosure Loans Loans Cost (Dollars in thousands) One- to four-family: Originated $ 5,132 $ 3,680 $ 8,812 $ 3,983,030 $ 3,991,842 Correspondent purchased 3,703 4,293 7,996 1,967,260 1,975,256 Bulk purchased 971 2,625 3,596 176,164 179,760 Commercial: Commercial real estate 35 1,149 1,184 736,685 737,869 Commercial and industrial — 134 134 72,643 72,777 Consumer: Home equity 316 432 748 87,920 88,668 Other 38 13 51 8,328 8,379 $ 10,195 $ 12,326 $ 22,521 $ 7,032,030 $ 7,054,551 September 30, 2020 90 or More Days Total Total 30 to 89 Days Delinquent or Delinquent Current Recorded Delinquent in Foreclosure Loans Loans Investment (Dollars in thousands) One- to four-family: Originated $ 3,001 $ 4,347 $ 7,348 $ 3,950,387 $ 3,957,735 Correspondent purchased 3,170 2,433 5,603 2,122,085 2,127,688 Bulk purchased 2,558 2,938 5,496 203,844 209,340 Commercial: Commercial real estate 40 1,206 1,246 728,191 729,437 Commercial and industrial 5 157 162 96,124 96,286 Consumer: Home equity 323 296 619 103,210 103,829 Other 75 8 83 9,980 10,063 $ 9,172 $ 11,385 $ 20,557 $ 7,213,821 $ 7,234,378 The amortized cost of mortgage loans secured by residential real estate properties for which formal foreclosure proceedings were in process as of June 30, 2021 and September 30, 2020 was $946 thousand and $1.5 million, respectively, which is included in loans 90 or more days delinquent or in foreclosure in the tables above. The carrying value of residential OREO held as a result of obtaining physical possession upon completion of a foreclosure or through completion of a deed in lieu of foreclosure was $177 thousand at June 30, 2021 and $183 thousand at September 30, 2020. The following table presents the amortized cost at June 30, 2021 and, prior to the adoption of CECL, the recorded investment at September 30, 2020, by class, of loans classified as nonaccrual. Additionally, the amortized cost of nonaccrual loans that had no related ACL is presented as of June 30, 2021, all of which were individually evaluated for loss and any identified losses have been charged off. June 30, 2021 September 30, 2020 Nonaccrual Loans Nonaccrual Loans with No ACL Nonaccrual Loans (Dollars in thousands) One- to four-family: Originated $ 5,070 $ 2,510 $ 5,037 Correspondent purchased 4,293 307 2,433 Bulk purchased 2,757 1,451 2,938 Commercial: Commercial real estate 1,544 520 1,663 Commercial and industrial 134 86 157 Consumer: Home equity 432 84 305 Other 13 — 8 $ 14,243 $ 4,958 $ 12,541 Troubled Debt Restructurings - The following tables present the amortized cost for the current period and, prior to the adoption of CECL, the recorded investment for the prior period, prior to restructuring and immediately after restructuring in all loans restructured during the periods presented. These tables do not reflect the amortized cost at the end of the periods indicated. Any increase in the amortized cost at the time of the restructuring was generally due to the capitalization of delinquent interest and/or escrow balances. For the Three Months Ended For the Nine Months Ended June 30, 2021 June 30, 2021 Number Pre- Post- Number Pre- Post- of Restructured Restructured of Restructured Restructured Contracts Outstanding Outstanding Contracts Outstanding Outstanding (Dollars in thousands) One- to four-family: Originated — $ — $ — 6 $ 1,518 $ 1,407 Correspondent purchased — — — — — — Bulk purchased — — — — — — Commercial: Commercial real estate — — — — — — Commercial and industrial — — — — — — Consumer: Home equity — — — — — — Other — — — — — — — $ — $ — 6 $ 1,518 $ 1,407 For the Three Months Ended For the Nine Months Ended June 30, 2020 June 30, 2020 Number Pre- Post- Number Pre- Post- of Restructured Restructured of Restructured Restructured Contracts Outstanding Outstanding Contracts Outstanding Outstanding (Dollars in thousands) One- to four-family: Originated — $ — $ — 5 $ 241 $ 242 Correspondent purchased — — — 1 192 191 Bulk purchased — — — 1 75 134 Commercial: Commercial real estate — — — 1 837 837 Commercial and industrial — — — — — — Consumer: Home equity — — — 2 45 44 Other — — — — — — — $ — $ — 10 $ 1,390 $ 1,448 The following table provides information on TDRs that became delinquent during the periods presented within 12 months after being restructured. For the Three Months Ended For the Nine Months Ended June 30, 2021 June 30, 2020 June 30, 2021 June 30, 2020 Number of Amortized Number of Recorded Number of Amortized Number of Recorded Contracts Cost Contracts Investment Contracts Cost Contracts Investment (Dollars in thousands) One- to four-family: Originated — $ — — $ — — $ — 1 $ 38 Correspondent purchased — — — — — — — — Bulk purchased — — — — — — 1 134 Commercial: Commercial real estate — — — — — — — — Commercial and industrial — — — — — — — — Consumer: Home equity — — — — — — 1 9 Other — — — — — — — — — $ — — $ — — $ — 3 $ 181 Impaired Loans - The following information pertains to impaired loans, by class, as of the date and for the period presented (prior to the adoption of CECL). Prior to the adoption of CECL, a loan was considered impaired when, based on current information and events, it was probable that the Bank would be unable to collect all amounts due, including principal and interest, according to the original contractual terms of the loan agreement. For the Three Months Ended For the Nine Months Ended September 30, 2020 June 30, 2020 June 30, 2020 Unpaid Average Interest Average Interest Recorded Principal Related Recorded Income Recorded Income Investment Balance ACL Investment Recognized Investment Recognized With no related allowance recorded One- to four-family: Originated $ 12,385 $ 12,813 $ — $ 13,865 $ 150 $ 14,273 $ 472 Correspondent purchased 1,955 2,058 — 1,949 19 1,855 56 Bulk purchased 3,843 4,302 — 4,814 46 4,910 148 Commercial: Commercial real estate 1,052 1,379 — 817 5 494 9 Commercial and industrial 99 244 — 26 — 24 — Consumer: Home equity 280 360 — 319 4 329 15 Other — 45 — 1 — — — 19,614 21,201 — 21,791 224 21,885 700 With an allowance recorded One- to four-family: Originated — — — — — — — Correspondent purchased — — — — — — — Bulk purchased — — — — — — — Commercial: Commercial real estate 660 660 83 — — — — Commercial and industrial 1,269 1,268 240 1,875 24 1,440 78 Consumer: Home equity — — — — — — — Other — — — — — — — 1,929 1,928 323 1,875 24 1,440 78 Total One- to four-family: Originated 12,385 12,813 — 13,865 150 14,273 472 Correspondent purchased 1,955 2,058 — 1,949 19 1,855 56 Bulk purchased 3,843 4,302 — 4,814 46 4,910 148 Commercial: Commercial real estate 1,712 2,039 83 817 5 494 9 Commercial and industrial 1,368 1,512 240 1,901 24 1,464 78 Consumer: Home equity 280 360 — 319 4 329 15 Other — 45 — 1 — — — $ 21,543 $ 23,129 $ 323 $ 23,666 $ 248 $ 23,325 $ 778 Allowance for Credit Losses - The following is a summary of ACL activity, by loan portfolio segment, for the periods presented. Activity during the three and nine months ended June 30, 2020 occurred prior to the adoption of CECL. For the Three Months Ended June 30, 2021 One- to Four-Family Correspondent Bulk Originated Purchased Purchased Total Commercial Consumer Total (Dollars in thousands) Beginning balance $ 1,536 $ 1,705 $ 747 $ 3,988 $ 19,157 $ 252 $ 23,397 Charge-offs (18) — — (18) — (1) (19) Recoveries 49 — — 49 18 4 71 Provision for credit losses (32) 34 (73) (71) (2,642) (12) (2,725) Ending balance $ 1,535 $ 1,739 $ 674 $ 3,948 $ 16,533 $ 243 $ 20,724 For the Nine Months Ended June 30, 2021 One- to Four-Family Correspondent Bulk Originated Purchased Purchased Total Commercial Consumer Total (Dollars in thousands) Beginning balance $ 6,085 $ 2,691 $ 467 $ 9,243 $ 21,800 $ 484 $ 31,527 Adoption of CECL (4,452) (367) 436 (4,383) (193) (185) (4,761) Balance at October 1, 2020 1,633 2,324 903 4,860 21,607 299 26,766 Charge-offs (142) — (21) (163) (515) (11) (689) Recoveries 140 — — 140 38 29 207 Provision for credit losses (96) (585) (208) (889) (4,597) (74) (5,560) Ending balance $ 1,535 $ 1,739 $ 674 $ 3,948 $ 16,533 $ 243 $ 20,724 For the Three Months Ended June 30, 2020 One- to Four-Family Correspondent Bulk Originated Purchased Purchased Total Commercial Consumer Total (Dollars in thousands) Beginning balance $ 6,467 $ 3,355 $ 557 $ 10,379 $ 20,328 $ 489 $ 31,196 Charge-offs — — — — — (5) (5) Recoveries — — — — 17 7 24 Provision for credit losses (121) (166) (51) (338) 359 (21) — Ending balance $ 6,346 $ 3,189 $ 506 $ 10,041 $ 20,704 $ 470 $ 31,215 For the Nine Months Ended June 30, 2020 One- to Four-Family Correspondent Bulk Originated Purchased Purchased Total Commercial Consumer Total (Dollars in thousands) Beginning balance $ 2,000 $ 1,203 $ 687 $ 3,890 $ 5,171 $ 165 $ 9,226 Charge-offs (64) — — (64) (349) (15) (428) Recoveries 3 — — 3 98 16 117 Provision for credit losses 4,407 1,986 (181) 6,212 15,784 304 22,300 Ending balance $ 6,346 $ 3,189 $ 506 $ 10,041 $ 20,704 $ 470 $ 31,215 The following is a summary of the loan portfolio and related ACL balances by loan portfolio segment disaggregated by the Company's impairment method as of September 30, 2020 (prior to the adoption of CECL). September 30, 2020 One- to Four-Family Correspondent Bulk Originated Purchased Purchased Total Commercial Consumer Total (Dollars in thousands) Recorded investment in loans: Collectively evaluated for impairment $ 3,945,350 $ 2,125,733 $ 205,497 $ 6,276,580 $ 822,643 $ 113,612 $ 7,212,835 Individually evaluated for impairment 12,385 1,955 3,843 18,183 3,080 280 21,543 $ 3,957,735 $ 2,127,688 $ 209,340 $ 6,294,763 $ 825,723 $ 113,892 $ 7,234,378 ACL for loans: Collectively evaluated for impairment $ 6,085 $ 2,691 $ 467 $ 9,243 $ 21,477 $ 484 $ 31,204 Individually evaluated for impairment — — — — 323 — 323 $ 6,085 $ 2,691 $ 467 $ 9,243 $ 21,800 $ 484 $ 31,527 The key assumptions in the Company's ACL model include the economic forecast, the forecast and reversion to mean time periods, and prepayment and curtailment assumptions. Management also considered certain qualitative factors when evaluating the adequacy of the ACL at June 30, 2021. The key assumptions utilized in estimating the Company's ACL at June 30, 2021 are discussed below. • Economic Forecast - Management considered several economic forecasts provided by a third party and selected the economic forecast believed to be the most appropriate considering the facts and circumstances at June 30, 2021. The forecasted economic indices applied to the model at June 30, 2021 were the national unemployment rate, changes in commercial real estate price index, changes in home values, and changes in the U.S. gross domestic product. The economic index most impactful to all loan pools within the model at June 30, 2021 was the national unemployment rate. The forecast national unemployment rate in the economic scenario selected by management at June 30, 2021 had the national unemployment rate gradually declining to 3.7% at June 30, 2022 which was the end of our four quarter forecast time period. • Forecast and reversion to mean time period - The forecasted time period for all of the economic indices was four quarters at June 30, 2021. The reversion to mean time period was also four quarters for all of the economic indices at June 30, 2021. • Prepayment and curtailment assumptions - The assumptions used at June 30, 2021 were generally based on actual prepayment and curtailment speeds for each respective loan pool in the model. • Qualitative factors - The qualitative factors applied by management at June 30, 2021 included the balance and trending of large-dollar special mention commercial loans, and the economic uncertainties related to (1) the job market, specifically, the unemployment rate, labor participation rate and the effectiveness of the latest federal stimulus package to the unemployed and the economic stimulus payments to qualifying individuals, (2) the impact to the housing market as a result of the foreclosure moratorium and how the housing market may react when the foreclosure moratorium is eventually lifted, and (3) the unevenness of the recovery in certain industries. The decrease in ACL during the current quarter was primarily a result of a negative provision for credit losses of $2.7 million. The negative provision for credit losses was due primarily to a reduction in the commercial loan ACL related to a decrease in the commercial loan economic uncertainty qualitative factor as a result of improved economic conditions compared to the prior quarter. Reserve for Off-Balance Sheet Credit Exposures - The following is a summary of the changes in reserve for off-balance sheet credit exposures during the periods indicated. For the Three Months Ended June 30, 2021 For the Nine Months Ended June 30, 2021 (Dollars in thousands) Beginning balance $ 6,127 Beginning balance $ — Provision for credit losses 34 Adoption of CECL 7,788 Ending balance $ 6,161 Balance at October 1, 2020 7,788 Provision for credit losses (1,627) Ending balance $ 6,161 |
