Pathward Financial (CASH) 10-Q 6 Feb 25 2025 Q1 Quarterly report Financial data

Cover Page

Cover Page - shares	3 Months Ended
	Dec. 31, 2024	Jan. 29, 2025
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Dec. 31, 2024
Document Transition Report	false
Entity File Number	0-22140
Entity Registrant Name	PATHWARD FINANCIAL, 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)		23,845,526
Entity Central Index Key	0000907471
Current Fiscal Year End Date	--09-30
Document Fiscal Year Focus	2025
Document Fiscal Period Focus	Q1
Amendment Flag	false

Condensed Consolidated Statemen

Condensed Consolidated Statements of Financial Condition - USD ($) $ in Thousands	Dec. 31, 2024	Sep. 30, 2024
ASSETS
Cash and cash equivalents	$ 597,396	$ 158,337
Securities available for sale, at fair value	1,480,090	1,741,221
Securities held to maturity, at amortized cost (fair value $27,431 and $30,236, respectively)	32,001	33,092
Federal Reserve Bank and Federal Home Loan Bank Stock, at cost	24,454	36,014
Loans held for sale	72,648	688,870
Loans and leases	4,562,681	4,075,195
Allowance for credit losses	(48,977)	(45,336)
Accrued interest receivable	35,279	31,385
Premises, furniture, and equipment, net	38,263	39,055
Rental equipment, net	206,754	205,339
Goodwill and intangible assets	313,074	326,094
Other assets	308,679	260,070
Total assets	7,622,342	7,549,336
LIABILITIES
Deposits	6,518,953	5,875,085
Short-term borrowings	0	377,000
Long-term borrowings	33,380	33,354
Accrued expenses and other liabilities	293,579	424,292
Total liabilities	6,845,912	6,709,731
STOCKHOLDERS’ EQUITY
Preferred stock, 3,000,000 shares authorized, no shares issued, none outstanding at December 31, 2024 and September 30, 2024, respectively	0	0
Additional paid-in capital	640,422	638,803
Retained earnings	332,322	354,474
Accumulated other comprehensive loss	(190,917)	(153,394)
Treasury stock, at cost, 70,215 and 3,769 common shares at December 31, 2024 and September 30, 2024, respectively	(4,882)	(249)
Total equity attributable to parent	777,186	839,882
Noncontrolling interest	(756)	(277)
Total stockholders’ equity	776,430	839,605
Total liabilities and stockholders’ equity	7,622,342	7,549,336
Common stock, $0.01 par value; 90,000,000 shares authorized, 24,189,631 and 24,851,122 shares issued, 24,119,416 and 24,847,353 shares outstanding at December 31, 2024 and September 30, 2024, respectively
STOCKHOLDERS’ EQUITY
Common stock	241	248
Common stock, Nonvoting, $0.01 par value; 3,000,000 shares authorized, no shares issued, none outstanding at December 31, 2024 and September 30, 2024, respectively
STOCKHOLDERS’ EQUITY
Common stock	$ 0	$ 0

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Financial Condition (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2024	Sep. 30, 2024
STOCKHOLDERS’ EQUITY
Investment securities held to maturity, fair value	$ 27,431	$ 30,236
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)	70,215	3,769
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)	24,189,631	24,851,122
Common stock, shares outstanding (in shares)	24,119,416	24,847,353
Common Stock, Nonvoting
STOCKHOLDERS’ EQUITY
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	3,000,000	3,000,000
Common stock, shares issued (in shares)	0	0
Common stock, shares outstanding (in shares)	0	0

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Interest and dividend income:
Loans and leases, including fees	$ 102,731	$ 94,963
Mortgage-backed securities	8,986	10,049
Other investments	7,522	10,886
Total interest and dividend income	119,239	115,898
Interest expense:
Deposits	775	3,526
FHLB advances and other borrowings	2,331	2,336
Total interest expense	3,106	5,862
Net interest income	116,133	110,036
Provision for credit loss	12,032	9,890
Net interest income after provision for credit loss	104,101	100,146
Noninterest income:
(Loss) on sale of securities	(15,671)	0
Gain on divestitures	16,404	0
Gain (loss) on sale of loans and leases	4,378	(31)
Gain on sale of other	987	2,871
Other income	7,637	5,179
Noninterest income	57,378	52,761
Noninterest expense:
Compensation and benefits	49,292	46,652
Refund transfer product expense	108	192
Refund advance expense	34	30
Card processing	33,314	34,584
Occupancy and equipment expense	9,706	8,848
Operating lease equipment depreciation	11,426	10,423
Legal and consulting	5,225	4,892
Intangible amortization	812	984
Other expense	13,642	12,669
Total noninterest expense	123,559	119,274
Income before income tax expense	37,920	33,633
Income tax expense	6,294	5,719
Net income before noncontrolling interest	31,626	27,914
Net income attributable to noncontrolling interest	199	257
Net income attributable to parent	$ 31,427	$ 27,657
Earnings per common share:
Basic (in dollars per share)	$ 1.29	$ 1.06
Diluted (in dollars per share)	$ 1.29	$ 1.06
Refund transfer product fees
Noninterest income:
Noninterest income:	$ 410	$ 422
Refund advance fee income
Noninterest income:
Noninterest income:	459	111
Card and deposit fees
Noninterest income:
Noninterest income:	29,066	30,750
Rental income
Noninterest income:
Noninterest income:	$ 13,708	$ 13,459

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Statement of Comprehensive Income [Abstract]
Net income before noncontrolling interest	$ 31,626	$ 27,914
Other comprehensive income (loss):
Change in net unrealized gain (loss) on debt securities	(62,340)	88,535
Net loss realized on investment securities	15,671	0
Total	(46,669)	88,535
Unrealized gain (loss) on currency translation	(2,017)	618
Deferred income tax effect	(11,163)	22,143
Total other comprehensive income (loss)	(37,523)	67,010
Total comprehensive income (loss)	(5,897)	94,924
Total comprehensive income attributable to noncontrolling interest	199	257
Comprehensive income (loss) attributable to parent	$ (6,096)	$ 94,667

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Changes in Stockholders' Equity - USD ($) $ in Thousands	Total	Total Pathward Financial, Inc. Stockholders’ Equity	Common Stock	Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Income (Loss)	Treasury Stock	Noncontrolling interest
Beginning Balance at Sep. 30, 2023	$ 650,625	$ 651,630	$ 262	$ 628,500	$ 278,655	$ (255,443)	$ (344)	$ (1,005)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Cash dividends declared on common stock	(1,299)	(1,299)			(1,299)
Issuance of common stock due to restricted stock	1	1	1
Repurchases of common stock	(15,918)	(15,918)	(3)	3	(11,027)		(4,891)
Stock compensation	1,234	1,234		1,234
Total other comprehensive income (loss)	67,010	67,010				67,010
Joint venture membership interest divestiture	(523)	(523)			(523)
Net income	27,914	27,657			27,657			257
Net distribution to noncontrolling interest	238							238
Ending Balance at Dec. 31, 2023	729,282	729,792	260	629,737	293,463	(188,433)	(5,235)	(510)
Beginning Balance at Sep. 30, 2024	839,605	839,882	248	638,803	354,474	(153,394)	(249)	(277)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Cash dividends declared on common stock	(1,202)	(1,202)			(1,202)
Repurchases of common stock	(57,010)	(57,010)	(7)	7	(52,377)		(4,633)
Stock compensation	1,612	1,612		1,612
Total other comprehensive income (loss)	(37,523)	(37,523)				(37,523)
Net income	31,626	31,427			31,427			199
Net distribution to noncontrolling interest	(678)							(678)
Ending Balance at Dec. 31, 2024	$ 776,430	$ 777,186	$ 241	$ 640,422	$ 332,322	$ (190,917)	$ (4,882)	$ (756)

Condensed Consolidated Statem_6

Condensed Consolidated Statements of Changes in Stockholders' Equity (Parenthetical) - $ / shares	3 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Statement of Stockholders' Equity [Abstract]
Cash dividends declared on common stock (in dollars per share)	$ 0.05	$ 0.05

Condensed Consolidated Statem_7

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Cash flows from operating activities:
Net income before noncontrolling interest	$ 31,626	$ 27,914
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation and amortization	14,918	14,689
Provision for credit loss	12,032	9,890
Provision for deferred taxes	2,157	1,162
Originations of loans held for sale	(853,109)	(631,905)
Proceeds from sales of loans held for sale	618,432	626,336
Net change in loans held for sale	264,136	13,829
Net realized (gain) loss on loans held for sale	(4,378)	31
Net realized loss on securities available for sale	15,671	0
Net realized (gain) on divestitures	(16,404)	0
Net realized (gain) on other	(987)	(2,871)
Net change in accrued interest receivable	(3,894)	(3,798)
Net change in other assets	(30,339)	(14,344)
Net change in accrued expenses and other liabilities	(128,088)	(19,723)
Stock compensation	1,612	1,234
Net cash provided by (used in) operating activities	(76,615)	22,444
Cash flows from investing activities:
Purchases of securities available for sale	(1,168)	0
Proceeds from sales of securities available for sale	160,135	0
Proceeds from maturities of and principal collected on securities available for sale	39,727	41,936
Proceeds from maturities of and principal collected on securities held to maturity	1,038	1,093
Purchases of Federal Reserve Bank and Federal Home Loan Bank stock	(90,725)	(91,130)
Redemption of Federal Reserve Bank and Federal Home Loan Bank stock	102,285	95,647
Purchases of loans and leases	(139,359)	(89,390)
Net change in loans and leases	(325,766)	98,895
Purchases of premises, furniture, and equipment	(2,087)	(1,885)
Purchases of rental equipment	(52,790)	(106,160)
Proceeds from sales of rental equipment	5,591	3,373
Net change in rental equipment	118	(79)
Proceeds from divestitures, net of transaction costs	600,232	0
Proceeds from sale of other assets	408	4,077
Net cash provided by (used in) investing activities	297,639	(43,623)
Cash flows from financing activities:
Net change in deposits	655,942	346,873
Net change in short-term borrowings	(377,000)	(13,000)
Principal payments on other liabilities	0	(284)
Dividends paid on common stock	(1,202)	(1,299)
Issuance of common stock due to restricted stock	0	1
Repurchases of common stock	(57,010)	(15,918)
Investment by (distributions to) noncontrolling interest	(678)	238
Net cash provided by financing activities	220,052	316,611
Effect of exchange rate changes on cash	(2,017)	618
Net change in cash and cash equivalents	439,059	296,050
Cash and cash equivalents at beginning of fiscal year	158,337	375,580
Cash and cash equivalents at end of fiscal period	597,396	671,630
Supplemental disclosure of cash flow information:
Interest	2,906	4,168
Income taxes	1,407	641
Franchise and other taxes	76	66
Supplemental schedule of non-cash investing activities:
Held for sale to loans and leases	2,500	0
Loans and leases to rental equipment	1,604	1,430
Rental equipment to loan and leases	36,263	76,941
Recognition of operating lease ROU assets, net of measurements	0	654
Joint venture membership interest divestiture	$ 0	$ 523

BASIS OF PRESENTATION

BASIS OF PRESENTATION	3 Months Ended
	Dec. 31, 2024
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, 2024 included in Pathward Financial, Inc.’s ("Pathward Financial" or the “Company") Annual Report on Form 10-K filed with the Securities and Exchange Commission (“SEC”) on November 26, 2024. 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 months ended December 31, 2024 are not necessarily indicative of the results expected for the fiscal year ending September 30, 2025. Certain prior fiscal year amounts have been reclassified to conform to the current year financial statement presentation. These reclassifications did not impact previously reported net income, comprehensive income or the statement of financial condition.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND RECENTLY ADOPTED ACCOUNTING STANDARDS UPDATES ("ASU")	3 Months Ended
	Dec. 31, 2024
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, 2024 remain substantially unchanged. The following ASU became effective for the Company on October 1, 2024, and did not have a material impact on the Company’s significant accounting policies or Condensed Consolidated Financial Statements: ASU 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures. This ASU improves reportable segment disclosures primarily by enhancing disclosure requirements about significant segment expenses and additional interim disclosure requirements. The amendments will first be applied to the Company's annual financial statements for the year ending September 30, 2025 using a retrospective transition method. This ASU impacts disclosure only, and therefore does not have an impact on our consolidated financial statements. The following ASUs have been issued and are considered applicable to the Company but have not yet been adopted. ASU 2023-09, Income Taxes (ASC 740): Improvements to Income Tax Disclosures . This ASU requires enhanced income tax disclosures primarily related to the rate reconciliation and income taxes paid information to provide further transparency surrounding the Company’s income tax position. The amendments in this ASU will be effective for the Company beginning on October 1, 2025. This ASU impacts annual income tax disclosures only. The Company is currently evaluating the impact of such amendments to our Income Tax disclosures. ASU 2024-03, Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures . This ASU requires entities to disclose specified information about certain costs and expenses within relevant expense captions in both annual and interim financial reporting. If costs and expenses do not fall within one of the disaggregated captions, qualitative description is required. The amendments in this ASU will be effective for the Company beginning October 1, 2027. This ASU impacts disclosure only, and therefore will not impact our consolidated financial statements. The Company is currently evaluating the impact of this ASU on required annual and interim disclosures.

DIVESTITURES

DIVESTITURES	3 Months Ended
	Dec. 31, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]
DIVESTITURES	DIVESTITURES On October 31, 2024, the Company completed the sale of substantially all of the assets and liabilities related to the Bank's commercial insurance premium finance business, a component of the Company's Commercial segment, pursuant to the Asset Purchase and Sale Agreement (the "Purchase Agreement") dated August 28, 2024 with Honor Capital Corporation, a Florida corporation (the "Purchaser"), the successor by assignment to AFS IBEX Financial Services, LLC, and Honor Capital Holdings, LLC as guarantor. The purchase price at closing was based on the net asset value of the assets purchased and liabilities assumed pursuant to the Purchase Agreement plus a $31.2 million premium. The Company has summarized the results of the transaction as follows: (Dollars in thousands) Assets Purchased and Liabilities Assumed Cash and cash equivalents $ 4,686 Loans 594,541 Premises, furniture, and equipment, net 484 Total assets purchased $ 599,711 Deposits $ 16,760 Accrued expenses and other liabilities 1,158 Total liabilities assumed $ 17,918 Net assets purchased $ 581,793 Consideration paid at close 603,290 Consideration due 9,703 Total purchase price 612,993 Premium on transaction 31,200 Other adjustments: Goodwill derecognition (11,577) Intangible derecognition (631) Building lease derecognition 471 Transaction costs (3,059) Total other adjustments (14,796) Gain on divestitures $ 16,404 The sale resulted in a gain of $16.4 million before tax that was recognized within noninterest income on the Company's Condensed Consolidated Statements of Operations. See Note 8. Goodwill and Intangible Assets and Note 9. Operating Lease Right-of-Use Assets and Liabilities to the Condensed Consolidated Financial Statements for further information on the amounts included in the divestiture.

SECURITIES

SECURITIES	3 Months Ended
	Dec. 31, 2024
Investments, Debt and Equity Securities [Abstract]
SECURITIES	SECURITIES The amortized cost, gross unrealized gains and losses and estimated fair values of debt securities available for sale ("AFS") and held to maturity ("HTM") are presented below. (Dollars in thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Fair Debt Securities AFS At December 31, 2024 Corporate securities $ 25,000 $ — $ (4,000) $ 21,000 SBA securities 34,501 — (3,972) 30,529 Obligations of states and political subdivisions 200 — — 200 Non-bank qualified obligations of states and political subdivisions 235,137 24 (34,436) 200,725 Asset-backed securities 184,645 322 (4,037) 180,930 Mortgage-backed securities 1,250,352 — (203,646) 1,046,706 Total debt securities AFS $ 1,729,835 $ 346 $ (250,091) $ 1,480,090 At September 30, 2024 Corporate securities $ 25,000 $ — $ (5,250) $ 19,750 SBA securities 86,036 — (4,101) 81,935 Obligations of states and political subdivisions 501 — (21) 480 Non-bank qualified obligations of states and political subdivisions 246,233 44 (28,287) 217,990 Asset-backed securities 192,979 337 (3,618) 189,698 Mortgage-backed securities 1,393,549 84 (162,265) 1,231,368 Total debt securities AFS $ 1,944,298 $ 465 $ (203,542) $ 1,741,221 Debt Securities HTM At December 31, 2024 Non-bank qualified obligations of states and political subdivisions $ 29,992 $ — $ (4,297) $ 25,695 Mortgage-backed securities 2,009 — (273) 1,736 Total debt securities HTM $ 32,001 $ — $ (4,570) $ 27,431 At September 30, 2024 Non-bank qualified obligations of states and political subdivisions $ 31,060 $ — $ (2,668) $ 28,392 Mortgage-backed securities 2,032 — (188) 1,844 Total debt securities HTM $ 33,092 $ — $ (2,856) $ 30,236 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 MONTHS OVER 12 MONTHS TOTAL (Dollars in thousands) Fair Gross Unrealized (Losses) Fair Gross Unrealized (Losses) Fair Gross Unrealized (Losses) Debt Securities AFS At December 31, 2024 Corporate securities $ — $ — $ 21,000 $ (4,000) $ 21,000 $ (4,000) SBA securities — — 30,528 (3,972) 30,528 (3,972) Non-bank qualified obligations of states and political subdivisions — — 198,747 (34,436) 198,747 (34,436) Asset-backed securities 48,261 (280) 84,879 (3,757) 133,140 (4,037) Mortgage-backed securities 15,390 (249) 1,031,316 (203,397) 1,046,706 (203,646) Total debt securities AFS $ 63,651 $ (529) $ 1,366,470 $ (249,562) $ 1,430,121 $ (250,091) At September 30, 2024 Corporate securities $ — $ — $ 19,750 $ (5,250) $ 19,750 $ (5,250) SBA securities — — 81,935 (4,101) 81,935 (4,101) Obligations of state and political subdivisions — — 280 (21) 280 (21) Non-bank qualified obligations of states and political subdivisions — — 215,956 (28,287) 215,956 (28,287) Asset-backed securities 52,101 (176) 88,576 (3,442) 140,677 (3,618) Mortgage-backed securities 2,377 (15) 1,215,781 (162,250) 1,218,158 (162,265) Total debt securities AFS $ 54,478 $ (191) $ 1,622,278 $ (203,351) $ 1,676,756 $ (203,542) Debt Securities HTM At December 31, 2024 Non-bank qualified obligations of states and political subdivisions $ — $ — $ 25,695 $ (4,297) $ 25,695 $ (4,297) Mortgage-backed securities — — 1,736 (273) 1,736 (273) Total debt securities HTM $ — $ — $ 27,431 $ (4,570) $ 27,431 $ (4,570) At September 30, 2024 Non-bank qualified obligations of states and political subdivisions $ — $ — $ 28,392 $ (2,668) $ 28,392 $ (2,668) Mortgage-backed securities — — 1,844 (188) 1,844 (188) Total debt securities HTM $ — $ — $ 30,236 $ (2,856) $ 30,236 $ (2,856) The decrease in the fair value of investment securities balances when comparing December 31, 2024 to September 30, 2024 was primarily driven by the sale of $160.1 million debt securities AFS and principal pay downs during the three months. The sale of debt securities AFS in the current period stemmed from the close of the commercial insurance premium finance business sale and associated gain that was recognized. Individual securities were identified for sale upon close of the transaction. At December 31, 2024, there were 163 debt securities AFS in an unrealized loss position. Management assessed each investment security with unrealized losses for credit loss by evaluating qualitative factors, including materiality of loss position as a percentage of book value, credit ratings, outstanding principal and interest payments, and changes in the underlying implicit or explicit guarantee of the security, and determined all unrealized losses on these securities were due to adverse market conditions and/or change in interest rates versus credit loss. 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. At December 31, 2024, there was no allowance for credit losses ("ACL") for debt securities AFS. The amortized cost and fair value of debt securities by contractual maturity are shown below. Certain securities have call features which allow the issuer to call the security prior to maturity. Expected maturities may differ from contractual maturities in 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. (Dollars in thousands) At December 31, 2024 At September 30, 2024 Debt Securities AFS Amortized Cost Fair Amortized Cost Fair Due in one year or less $ 200 $ 199 $ 1,826 $ 1,796 Due after one year through five years 6,592 6,372 14,772 14,211 Due after five years through ten years 45,866 39,595 70,894 63,636 Due after ten years 426,825 387,218 463,257 430,210 479,483 433,384 550,749 509,853 Mortgage-backed securities 1,250,352 1,046,706 1,393,549 1,231,368 Total debt securities AFS $ 1,729,835 $ 1,480,090 $ 1,944,298 $ 1,741,221 Debt Securities HTM Due after ten years $ 29,992 $ 25,695 $ 31,060 $ 28,392 29,992 25,695 31,060 28,392 Mortgage-backed securities 2,009 1,736 2,032 1,844 Total debt securities HTM $ 32,001 $ 27,431 $ 33,092 $ 30,236 Federal Reserve Bank ("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 December 31, 2024 and September 30, 2024. These equity securities are 'restricted' in that they can only be owned by member banks. Federal Home Loan Bank ("FHLB") Stock. The Company's borrowings from the FHLB are secured by 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 $4.8 million and $16.3 million at December 31, 2024 and at September 30, 2024, 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 cost approximates fair value. Equity Securities. The Company held $3.6 million and $3.3 million in marketable equity securities within other assets on the Condensed Consolidated Statements of Financial Condition at December 31, 2024 and September 30, 2024, respectively. The Company recognized $0.1 million unrealized losses and $0.1 million unrealized gains on marketable equity securities during the three months ended December 31, 2024 and 2023, respectively. No such securities were sold during the three months ended December 31, 2024. Non-marketable equity securities with a readily determinable fair value totaled $11.9 million and $11.8 million at December 31, 2024 and September 30, 2024, respectively. These securities are held within other assets on the Condensed Consolidated Statements of Financial Condition. The Company recognized $0.3 million in unrealized gains during the three months ended December 31, 2024 and 2023. No such securities were sold during the three months ended December 31, 2024. Non-marketable equity securities without readily determinable fair value totaled $14.1 million and $13.6 million at December 31, 2024 and September 30, 2024, respectively, reflecting Company ownership interests in other entities through its Pathward Venture Capital, LLC, a wholly-owned service corporation subsidiary of the Bank that was formed in 2017 for the purpose of making minority equity investments and other corporate investments. During the quarter ended December 31, 2024, the Company recognized a $0.4 million gain on Visa shares, which is included in gain on sale of other on the Condensed Consolidated Statements of Operations, carried at a cost basis of $0. There was no additional such security sold during the three months ended December 31, 2024. Equity Securities Impairment. The Company evaluates impairment for investments held at cost on at least an annual basis based on the ultimate 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 no impairment for such investments for the three months ended December 31, 2024 and 2023.

LOANS AND LEASES, NET

LOANS AND LEASES, NET	3 Months Ended
	Dec. 31, 2024
Loans and Leases Receivable Disclosure [Abstract]
LOANS AND LEASES, NET	89 Days Past Due Total Past Due Current Total Loans and Leases Receivable > 89 Days Past Due and Accruing Nonaccrual Balance Total Loans held for sale $ — $ — $ — $ — $ 72,648 $ 72,648 $ — $ — $ — Term lending 19,298 4,901 20,122 44,321 1,691,218 1,735,539 5,010 22,226 27,236 Asset-based lending — — — — 608,261 608,261 — 603 603 Factoring — — — — 364,477 364,477 — 561 561 Lease financing 4,278 3,878 1,440 9,596 128,709 138,305 59 2,038 2,097 SBA/USDA 1,504 187 1,983 3,674 592,291 595,965 486 1,803 2,289 Other commercial finance — — — — 174,097 174,097 — — — Commercial finance 25,080 8,966 23,545 57,591 3,559,053 3,616,644 5,555 27,231 32,786 Consumer finance 4,502 2,936 2,423 9,861 270,140 280,001 2,423 — 2,423 Tax services — — — — 45,051 45,051 — — — Warehouse finance — — — — 624,251 624,251 — — — Total loans and leases held for investment 29,582 11,902 25,968 67,452 4,498,495 4,565,947 7,978 27,231 35,209 Total loans and leases $ 29,582 $ 11,902 $ 25,968 $ 67,452 $ 4,571,143 $ 4,638,595 $ 7,978 $ 27,231 $ 35,209 At September 30, 2024 Accruing and Nonaccruing Loans and Leases Nonperforming Loans and Leases (Dollars in thousands) 30-59 Days Past Due 60-89 Days Past Due > 89 Days Past Due Total Past Due Current Total Loans and Leases Receivable > 89 Days Past Due and Accruing Nonaccrual Balance Total Loans held for sale $ 2,266 $ 1,361 $ 1,050 $ 4,677 $ 684,193 $ 688,870 $ 1,050 $ — $ 1,050 Term lending 19,776 5,124 17,694 42,594 1,512,047 1,554,641 1,923 23,462 25,385 Asset-based lending — — — — 471,897 471,897 — — — Factoring — — — — 362,295 362,295 — 29 29 Lease financing 3,605 1,595 109 5,309 146,865 152,174 60 746 806 SBA/USDA — 952 2,172 3,124 565,504 568,628 331 2,175 2,506 Other commercial finance — — — — 185,964 185,964 — — — Commercial finance 23,381 7,671 19,975 51,027 3,244,572 3,295,599 2,314 26,412 28,726 Consumer finance 3,962 3,186 3,053 10,201 238,599 248,800 3,053 — 3,053 Tax services — — 8,733 8,733 92 8,825 8,733 — 8,733 Warehouse finance — — — — 517,847 517,847 — — — Total loans and leases held for investment 27,343 10,857 31,761 69,961 4,001,110 4,071,071 14,100 26,412 40,512 Total loans and leases $ 29,609 $ 12,218 $ 32,811 $ 74,638 $ 4,685,303 $ 4,759,941 $ 15,150 $ 26,412 $ 41,562 Nonaccrual loans and leases by year of origination were as follows: Amortized Cost Basis (Dollars in thousands) Term Loans and Leases by Origination Year Revolving Loans and Leases Total Nonaccrual with No ACL At December 31, 2024 2025 2024 2023 2022 2021 Prior Term lending $ — $ 5,456 $ 6,958 $ 4,703 $ 1,200 $ 3,909 $ — $ 22,226 $ 6,552 Asset-based lending — — — — — — 603 603 — Factoring — — — — — — 561 561 — Lease financing — — 533 — 1,323 182 — 2,038 — SBA/USDA — — 513 90 55 1,145 — 1,803 — Commercial finance — 5,456 8,004 4,793 2,578 5,236 1,164 27,231 6,552 Total nonaccrual loans and leases $ — $ 5,456 $ 8,004 $ 4,793 $ 2,578 $ 5,236 $ 1,164 $ 27,231 $ 6,552 Amortized Cost Basis (Dollars in thousands) Term Loans and Leases by Origination Year Revolving Loans and Leases Total Nonaccrual with No ACL At September 30, 2024 2024 2023 2022 2021 2020 Prior Term lending $ 9,281 $ 3,433 $ 5,369 $ 1,386 $ 625 $ 3,368 $ — $ 23,462 $ 2,579 Factoring — — — — — — 29 29 — Lease financing — 577 11 46 2 110 — 746 — SBA/USDA — 738 55 55 742 585 — 2,175 681 Commercial finance 9,281 4,748 5,435 1,487 1,369 4,063 29 26,412 3,260 Total nonaccrual loans and leases $ 9,281 $ 4,748 $ 5,435 $ 1,487 $ 1,369 $ 4,063 $ 29 $ 26,412 $ 3,260 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 Year Revolving Loans and Leases Total At December 31, 2024 2025 2024 2023 2022 2021 Prior Term lending $ — $ — $ — $ 560 $ 4,448 $ 2 $ — $ 5,010 Lease financing — 55 1 — 1 2 — 59 SBA/USDA — — — 330 156 — — 486 Commercial finance — 55 1 890 4,605 4 — 5,555 Consumer finance — 976 1,235 190 22 — — 2,423 Total loans and leases held for investment — 1,031 1,236 1,080 4,627 4 — 7,978 Total 90 days or more delinquent and accruing $ — $ 1,031 $ 1,236 $ 1,080 $ 4,627 $ 4 $ — $ 7,978 Amortized Cost Basis (Dollars in thousands) Term Loans and Leases by Origination Year Revolving Loans and Leases Total At September 30, 2024 2024 2023 2022 2021 2020 Prior Loans held for sale $ 1,031 $ 19 $ — $ — $ — $ — $ — $ 1,050 Term lending — 621 354 719 217 12 — 1,923 Lease financing — — — 2 58 — — 60 SBA/USDA — — 331 — — — — 331 Commercial finance — 621 685 721 275 12 — 2,314 Consumer finance 736 1,841 388 88 — — — 3,053 Tax services 8,733 — — — — — — 8,733 Total loans and leases held for investment 9,469 2,462 1,073 809 275 12 — 14,100 Total 90 days or more delinquent and accruing $ 10,500 $ 2,481 $ 1,073 $ 809 $ 275 $ 12 $ — $ 15,150 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) consumer loans exempt under regulatory rules from being classified as nonaccrual until later delinquency, usually 120 days past due. The following table provides the average recorded investment in nonaccrual loans and leases: Three Months Ended December 31, (Dollars in thousands) 2024 2023 Term lending $ 23,208 $ 17,419 Asset-based lending 591 9,711 Factoring 265 1,180 Lease financing 1,565 1,623 SBA/USDA 1,900 1,488 Commercial finance 27,529 31,421 Total loans and leases $ 27,529 $ 31,421 The recognized interest income on the Company's nonaccrual loans and leases for the three months ended December 31, 2024 and 2023 was not significant. Modifications made to borrowers experiencing financial difficulty during the three months ended December 31, 2024 were $3.3 million in the commercial finance loan portfolio. The types of modifications granted were term extensions. Modifications made to borrowers experiencing financial difficulty during the three months ended December 31, 2023 were insignificant. During the three months ended December 31, 2024, the Company had $1.4 million of commercial finance loans where a modification was granted in the previous 12 months in which there was a payment default. As of December 31, 2024, no modifications granted were in the 60-89 days past due category. During the three months ended December 31, 2023, there were no modifications granted in the previous 12 months in which there was a payment default." id="sjs-B4">LOANS AND LEASES, NET Loans and leases consist of the following: (Dollars in thousands) December 31, 2024 September 30, 2024 Term lending $ 1,735,539 $ 1,554,641 Asset-based lending 608,261 471,897 Factoring 364,477 362,295 Lease financing 138,305 152,174 SBA/USDA 595,965 568,628 Other commercial finance 174,097 185,964 Commercial finance 3,616,644 3,295,599 Consumer finance 280,001 248,800 Tax services 45,051 8,825 Warehouse finance 624,251 517,847 Total loans and leases 4,565,947 4,071,071 Net deferred loan origination costs (fees) (3,266) 4,124 Total gross loans and leases 4,562,681 4,075,195 Allowance for credit losses (48,977) (45,336) Total loans and leases, net $ 4,513,704 $ 4,029,859 During the three months ended December 31, 2024 and 2023, the Company originated $853.1 million and $631.9 million of commercial finance and consumer finance as held for sale, respectively. The Company sold held for sale loans resulting in proceeds of $618.4 million and a $4.4 million gain on sale during the three months ended December 31, 2024. The Company sold held for sale loans resulting in proceeds of $626.3 million and a nominal gain on sale during the three months ended December 31, 2023. See Note 3. Divestitures to the Condensed Consolidated Financial Statements for further information on the sale of the Company's commercial insurance premium finance business. Loans purchased and sold by portfolio segment, including participation interests, were as follows: Three Months Ended December 31, (Dollars in thousands) 2024 2023 Loans Purchased Loans held for investment: Commercial finance $ 19,540 $ — Warehouse finance 119,819 89,390 Total purchases $ 139,359 $ 89,390 Loans Sold Loans held for sale: Commercial finance $ 65,802 $ 3,872 Consumer finance 552,630 622,464 Total sales $ 618,432 $ 626,336 Leasing Portfolio. The net investment in direct financing and sales-type leases was comprised of the following: (Dollars in thousands) December 31, 2024 September 30, 2024 Minimum lease payments receivable $ 147,969 $ 162,757 Unguaranteed residual assets 8,097 9,300 Unamortized initial direct costs 129 102 Unearned income (17,726) (19,883) Total net investment in direct financing and sales-type leases $ 138,469 $ 152,276 The components of total lease income were as follows: Three Months Ended December 31, (Dollars in thousands) 2024 2023 Interest income - loans and leases Interest income on net investments in direct financing and sales-type leases $ 3,187 $ 3,108 Leasing and equipment finance noninterest income Lease income from operating lease payments 13,448 13,255 Other (1) 1,307 724 Total leasing and equipment finance noninterest income 14,755 13,979 Total lease income $ 17,942 $ 17,087 (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 at December 31, 2024 were as follows: (Dollars in thousands) Remaining in 2025 $ 43,987 2026 42,905 2027 28,342 2028 16,599 2029 10,401 Thereafter 5,735 Total undiscounted future minimum lease payments receivable for direct financing and sales-type leases 147,969 Third-party residual value guarantees — Total carrying amount of direct financing and sales-type leases $ 147,969 The Company did not record any contingent rental income from direct financing and sales-type leases in the three months ended December 31, 2024. A number of factors that affected the economic environment in 2023 continued throughout 2024 including geopolitical conflict, supply chain disruptions, inflation, and increased interest rates, with the Federal Reserve beginning to lower the target federal funds rate at the end of 2024. The 2023 bank failures that were brought on by, among other things, rising interest rates, deposit outflows and liquidity crises also continued to impact the banking industry. 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 these factors impacting the economy and will refine its estimate as developments occur and more information becomes available. Activity in the allowance for credit losses by portfolio segment was as follows: Three Months Ended December 31, 2024 (Dollars in thousands) Beginning Balance Provision (Reversal) Charge-offs Recoveries Ending Balance Allowance for credit losses: Term lending $ 30,394 $ 7,289 $ (8,375) $ 617 $ 29,925 Asset-based lending 1,356 406 — — 1,762 Factoring 5,757 (170) (74) 252 5,765 Lease financing 1,189 (247) (63) 2 881 Insurance premium finance — 91 (93) 2 — SBA/USDA 3,273 831 (297) — 3,807 Other commercial finance 607 (186) — — 421 Commercial finance 42,576 8,014 (8,902) 873 42,561 Consumer finance 2,240 2,792 (33) 2 5,001 Tax services 2 1,301 (741) 228 790 Warehouse finance 518 107 — — 625 Total loans and leases 45,336 12,214 (9,676) 1,103 48,977 Unfunded commitments (1) 695 (182) — — 513 Total $ 46,031 $ 12,032 $ (9,676) $ 1,103 $ 49,490 (1) Reserve for unfunded commitments is recognized within other liabilities on the Condensed Consolidated Statements of Financial Condition. Three Months Ended December 31, 2023 (Dollars in thousands) Beginning Balance Provision (Reversal) Charge-offs Recoveries Ending Balance Allowance for credit losses: Term lending $ 25,686 $ 5,822 $ (5,121) $ 626 $ 27,013 Asset-based lending 2,738 (1,510) — 142 1,370 Factoring 6,566 751 (23) 139 7,433 Lease financing 3,302 766 (153) 93 4,008 Insurance premium finance 2,637 (239) (365) 90 2,123 SBA/USDA 2,962 327 — — 3,289 Other commercial finance 3,089 223 — — 3,312 Commercial finance 46,980 6,140 (5,662) 1,090 48,548 Consumer finance 2,346 2,097 (63) — 4,380 Tax services 2 1,356 (1,145) 294 507 Warehouse finance 377 (27) — — 350 Total loans and leases 49,705 9,566 (6,870) 1,384 53,785 Unfunded commitments (1) 272 324 — — 596 Total $ 49,977 $ 9,890 $ (6,870) $ 1,384 $ 54,381 (1) Reserve for unfunded commitments is recognized within other liabilities on the Condensed Consolidated Statements of Financial Condition. Information on loans and leases that are deemed to be collateral dependent and are evaluated individually for the ACL was as follows: (Dollars in thousands) At December 31, 2024 At September 30, 2024 Term lending $ 14,034 $ 15,491 Lease financing 1,302 5,300 SBA/USDA 680 1,419 Commercial finance (1) 16,016 22,210 Total $ 16,016 $ 22,210 (1) For commercial finance, collateral dependent financial assets have collateral in the form of cash, equipment, or other business assets. Management has identified certain structured finance credits for alternative energy projects in which a substantial cash collateral account has been established to mitigate credit risk. Due to the nature of the transactions and significant cash collateral positions, these credits are evaluated individually. The balance of these pass rated cash collateral loans totaled $116.4 million and $105.1 million at December 31, 2024 and at September 30, 2024, respectively. 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 OCC, to be of lesser quality as “substandard,” “doubtful” or “loss.” The loan classification and risk rating definitions are as follows: Pass - A pass asset is of sufficient quality in terms of repayment, collateral and management to preclude a special mention or an adverse rating. Watch - A watch asset is generally a credit performing well under current terms and conditions but with identifiable weakness meriting additional scrutiny and corrective measures. Watch is not a regulatory classification but can be used to designate assets that are exhibiting one or more weaknesses that deserve management’s attention. These assets are of better quality than special mention assets. Special Mention - A special mention asset is a credit with potential weaknesses deserving management’s close attention and, if left uncorrected, may result in deterioration of the repayment prospects for the asset. Special mention assets are not adversely classified and do not expose an institution to sufficient risk to warrant adverse classification. Special mention is a temporary status with aggressive credit management required to garner adequate progress and move to watch or higher. The adverse classifications are as follows: Substandard - A substandard asset is inadequately protected by the net worth and/or repayment ability or by a weak collateral position. Assets so classified will have well-defined weaknesses creating a distinct possibility the Bank will sustain some loss if the weaknesses are not corrected. Loss potential does not have to exist for an asset to be classified as substandard. Doubtful - A doubtful asset has weaknesses similar to those classified substandard, with the degree of weakness causing the likely loss of some principal in any reasonable collection effort. Due to pending factors, the asset’s classification as loss is not yet appropriate. Loss - A loss asset is considered uncollectible and of such little value that the asset’s continuance on the Bank’s balance sheet is no longer warranted. This classification does not necessarily mean an asset has no recovery or salvage value leaving room for future collection efforts. Loans and leases, or portions thereof, are generally charged off when collection of principal becomes doubtful. Typically, this is associated with a delay or shortfall in payments of 120 days or more for consumer credit products and leases, and 90 days or more for commercial finance loans. Action is taken to charge off electronic return originator ("ERO") loans if such loans have not been collected by the end of June and refund advance loans if such loans have not been collected by the end of the calendar year. The Company individually evaluates loans and leases that do not share similar risk characteristics with other financial assets, which generally means loans and leases identified as modifications or loans and leases on nonaccrual status. 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. The Company has various portfolios of consumer finance and tax services loans that present unique risks that are statistically managed. Due to the unique risks associated with these portfolios, the Company monitors other credit quality indicators in its evaluation of the appropriateness of the ACL 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 $280.0 million and $45.1 million at December 31, 2024, respectively, and $248.8 million and $8.8 million at September 30, 2024, 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 Year Revolving Loans and Leases Total At December 31, 2024 2025 2024 2023 2022 2021 Prior Term lending Pass $ 166,954 $ 579,028 $ 406,327 $ 108,421 $ 73,456 $ 58,759 $ — $ 1,392,945 Watch 16,193 29,618 35,022 26,480 21,118 12,300 — 140,731 Special mention 1,160 57,525 6,151 8,911 16,720 332 — 90,799 Substandard 8,110 9,337 31,501 22,152 14,933 20,498 — 106,531 Doubtful — 466 855 1,765 468 979 — 4,533 Total 192,417 675,974 479,856 167,729 126,695 92,868 — 1,735,539 Current period charge-offs 4,385 2,043 1,408 423 85 31 — 8,375 Asset-based lending Pass — — — — — — 372,119 372,119 Watch — — — — — — 213,107 213,107 Special mention — — — — — — 19,510 19,510 Substandard — — — — — — 3,525 3,525 Total — — — — — — 608,261 608,261 Current period charge-offs — — — — — — — — Factoring Pass — — — — — — 295,712 295,712 Watch — — — — — — 63,573 63,573 Special mention — — — — — — 1,620 1,620 Substandard — — — — — — 3,553 3,553 Doubtful — — — — — — 19 19 Total — — — — — — 364,477 364,477 Current period charge-offs — — — — — — 74 74 Lease financing Pass 8,349 41,145 40,805 10,546 7,156 7,854 — 115,855 Watch — 703 3,046 61 387 1,877 — 6,074 Special mention — — 235 253 — 177 — 665 Substandard — — 6,489 2,276 5,758 1,185 — 15,708 Doubtful — — — — 3 — — 3 Total 8,349 41,848 50,575 13,136 13,304 11,093 — 138,305 Current period charge-offs — — — 31 32 — — 63 Insurance premium finance Current period charge-offs 62 31 — — — — — 93 SBA/USDA Pass 10,265 83,724 169,125 175,510 20,514 65,396 — 524,534 Watch — 6,218 6,813 2,140 631 3,805 — 19,607 Special mention — — — — 156 361 — 517 Substandard — 795 16,859 12,031 1,984 19,369 — 51,038 Doubtful — — — 55 55 159 — 269 Total 10,265 90,737 192,797 189,736 23,340 89,090 — 595,965 Current period charge-offs — 171 — — 14 112 — 297 Other commercial finance Pass 369 71,724 2,180 144 12,234 67,632 — 154,283 Watch — — 2,466 — — — — 2,466 Substandard — — 493 — 16,855 — — 17,348 Total 369 71,724 5,139 144 29,089 67,632 — 174,097 Current period charge-offs — — — — — — — — Warehouse finance Pass — — — — — — 624,251 624,251 Total — — — — — — 624,251 624,251 Current period charge-offs — — — — — — — — Total loans and leases Pass 185,937 775,621 618,437 294,621 113,360 199,641 1,292,082 3,479,699 Watch 16,193 36,539 47,347 28,681 22,136 17,982 276,680 445,558 Special mention 1,160 57,525 6,386 9,164 16,876 870 21,130 113,111 Substandard 8,110 10,132 55,342 36,459 39,530 41,052 7,078 197,703 Doubtful — 466 855 1,820 526 1,138 19 4,824 Total $ 211,400 $ 880,283 $ 728,367 $ 370,745 $ 192,428 $ 260,683 $ 1,596,989 $ 4,240,895 Current period charge-offs $ 4,447 $ 2,245 $ 1,408 $ 454 $ 131 $ 143 $ 74 $ 8,902 Amortized Cost Basis (Dollars in thousands) Term Loans and Leases by Origination Year Revolving Loans and Leases Total At September 30, 2024 2024 2023 2022 2021 2020 Prior Term lending Pass $ 548,597 $ 398,832 $ 117,180 $ 77,585 $ 42,950 $ 24,166 $ — $ 1,209,310 Watch 47,765 52,317 34,964 31,025 2,720 2,312 — 171,103 Special mention 44,617 3,106 9,121 14,772 7,238 2 — 78,856 Substandard 9,798 24,187 18,537 11,660 18,894 2,631 — 85,707 Doubtful 4,314 1,465 2,247 758 114 767 — 9,665 Total 655,091 479,907 182,049 135,800 71,916 29,878 — 1,554,641 Current period charge-offs 114 3,102 8,502 3,576 2,184 715 — 18,193 Asset-based lending Pass — — — — — — 233,268 233,268 Watch — — — — — — 221,521 221,521 Special mention — — — — — — 13,187 13,187 Substandard — — — — — — 3,921 3,921 Total — — — — — — 471,897 471,897 Current period charge-offs — — — — — — — — Factoring Pass — — — — — — 292,436 292,436 Watch — — — — — — 62,270 62,270 Special mention — — — — — — 271 271 Substandard — — — — — — 7,306 7,306 Doubtful — — — — — — 12 12 Total — — — — — — 362,295 362,295 Current period charge-offs — — — — — — 2,453 2,453 Lease financing Pass 44,883 48,851 12,862 7,101 7,938 1,733 — 123,368 Watch 1,837 3,537 370 6,264 1,362 40 — 13,410 Special mention — 250 — — 174 — — 424 Substandard — 6,691 2,723 2,717 2,069 603 — 14,803 Doubtful — — — 138 31 — — 169 Total 46,720 59,329 15,955 16,220 11,574 2,376 — 152,174 Current period charge-offs — — — 207 80 — — 287 Insurance premium finance Current period charge-offs 86 890 173 — — — — 1,149 SBA/USDA Pass 60,636 171,136 179,490 20,825 28,588 39,319 — 499,994 Watch 5,244 6,967 — 639 10 3,026 — 15,886 Special mention — — — 156 — 363 — 519 Substandard 1,037 15,923 12,158 2,003 9,519 11,134 — 51,774 Doubtful — 185 55 55 62 98 — 455 Total 66,917 194,211 191,703 23,678 38,179 53,940 — 568,628 Current period charge-offs — 549 79 — 127 — — 755 Other commercial finance Pass 73,330 2,210 6,685 12,351 1,274 70,203 — 166,053 Watch — 2,480 — — — — — 2,480 Substandard — 508 — 16,923 — — — 17,431 Total 73,330 5,198 6,685 29,274 1,274 70,203 — 185,964 Current period charge-offs — — — — — — — — Warehouse finance Pass — — — — — — 517,847 517,847 Total — — — — — — 517,847 517,847 Current period charge-offs — — — — — — — — Total loans and leases Pass 727,446 621,029 316,217 117,862 80,750 135,421 1,043,551 3,042,276 Watch 54,846 65,301 35,334 37,928 4,092 5,378 283,791 486,670 Special mention 44,617 3,356 9,121 14,928 7,412 365 13,458 93,257 Substandard 10,835 47,309 33,418 33,303 30,482 14,368 11,227 180,942 Doubtful 4,314 1,650 2,302 951 207 865 12 10,301 Total $ 842,058 $ 738,645 $ 396,392 $ 204,972 $ 122,943 $ 156,397 $ 1,352,039 $ 3,813,446 Current period charge-offs $ 200 $ 4,541 $ 8,754 $ 3,783 $ 2,391 $ 715 $ 2,453 $ 22,837 Past due loans and leases were as follows: At December 31, 2024 Accruing and Nonaccruing Loans and Leases Nonperforming Loans and Leases (Dollars in thousands) 30-59 Days Past Due 60-89 Days Past Due > 89 Days Past Due Total Past Due Current Total Loans and Leases Receivable > 89 Days Past Due and Accruing Nonaccrual Balance Total Loans held for sale $ — $ — $ — $ — $ 72,648 $ 72,648 $ — $ — $ — Term lending 19,298 4,901 20,122 44,321 1,691,218 1,735,539 5,010 22,226 27,236 Asset-based lending — — — — 608,261 608,261 — 603 603 Factoring — — — — 364,477 364,477 — 561 561 Lease financing 4,278 3,878 1,440 9,596 128,709 138,305 59 2,038 2,097 SBA/USDA 1,504 187 1,983 3,674 592,291 595,965 486 1,803 2,289 Other commercial finance — — — — 174,097 174,097 — — — Commercial finance 25,080 8,966 23,545 57,591 3,559,053 3,616,644 5,555 27,231 32,786 Consumer finance 4,502 2,936 2,423 9,861 270,140 280,001 2,423 — 2,423 Tax services — — — — 45,051 45,051 — — — Warehouse finance — — — — 624,251 624,251 — — — Total loans and leases held for investment 29,582 11,902 25,968 67,452 4,498,495 4,565,947 7,978 27,231 35,209 Total loans and leases $ 29,582 $ 11,902 $ 25,968 $ 67,452 $ 4,571,143 $ 4,638,595 $ 7,978 $ 27,231 $ 35,209 At September 30, 2024 Accruing and Nonaccruing Loans and Leases Nonperforming Loans and Leases (Dollars in thousands) 30-59 Days Past Due 60-89 Days Past Due > 89 Days Past Due Total Past Due Current Total Loans and Leases Receivable > 89 Days Past Due and Accruing Nonaccrual Balance Total Loans held for sale $ 2,266 $ 1,361 $ 1,050 $ 4,677 $ 684,193 $ 688,870 $ 1,050 $ — $ 1,050 Term lending 19,776 5,124 17,694 42,594 1,512,047 1,554,641 1,923 23,462 25,385 Asset-based lending — — — — 471,897 471,897 — — — Factoring — — — — 362,295 362,295 — 29 29 Lease financing 3,605 1,595 109 5,309 146,865 152,174 60 746 806 SBA/USDA — 952 2,172 3,124 565,504 568,628 331 2,175 2,506 Other commercial finance — — — — 185,964 185,964 — — — Commercial finance 23,381 7,671 19,975 51,027 3,244,572 3,295,599 2,314 26,412 28,726 Consumer finance 3,962 3,186 3,053 10,201 238,599 248,800 3,053 — 3,053 Tax services — — 8,733 8,733 92 8,825 8,733 — 8,733 Warehouse finance — — — — 517,847 517,847 — — — Total loans and leases held for investment 27,343 10,857 31,761 69,961 4,001,110 4,071,071 14,100 26,412 40,512 Total loans and leases $ 29,609 $ 12,218 $ 32,811 $ 74,638 $ 4,685,303 $ 4,759,941 $ 15,150 $ 26,412 $ 41,562 Nonaccrual loans and leases by year of origination were as follows: Amortized Cost Basis (Dollars in thousands) Term Loans and Leases by Origination Year Revolving Loans and Leases Total Nonaccrual with No ACL At December 31, 2024 2025 2024 2023 2022 2021 Prior Term lending $ — $ 5,456 $ 6,958 $ 4,703 $ 1,200 $ 3,909 $ — $ 22,226 $ 6,552 Asset-based lending — — — — — — 603 603 — Factoring — — — — — — 561 561 — Lease financing — — 533 — 1,323 182 — 2,038 — SBA/USDA — — 513 90 55 1,145 — 1,803 — Commercial finance — 5,456 8,004 4,793 2,578 5,236 1,164 27,231 6,552 Total nonaccrual loans and leases $ — $ 5,456 $ 8,004 $ 4,793 $ 2,578 $ 5,236 $ 1,164 $ 27,231 $ 6,552 Amortized Cost Basis (Dollars in thousands) Term Loans and Leases by Origination Year Revolving Loans and Leases Total Nonaccrual with No ACL At September 30, 2024 2024 2023 2022 2021 2020 Prior Term lending $ 9,281 $ 3,433 $ 5,369 $ 1,386 $ 625 $ 3,368 $ — $ 23,462 $ 2,579 Factoring — — — — — — 29 29 — Lease financing — 577 11 46 2 110 — 746 — SBA/USDA — 738 55 55 742 585 — 2,175 681 Commercial finance 9,281 4,748 5,435 1,487 1,369 4,063 29 26,412 3,260 Total nonaccrual loans and leases $ 9,281 $ 4,748 $ 5,435 $ 1,487 $ 1,369 $ 4,063 $ 29 $ 26,412 $ 3,260 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 Year Revolving Loans and Leases Total At December 31, 2024 2025 2024 2023 2022 2021 Prior Term lending $ — $ — $ — $ 560 $ 4,448 $ 2 $ — $ 5,010 Lease financing — 55 1 — 1 2 — 59 SBA/USDA — — — 330 156 — — 486 Commercial finance — 55 1 890 4,605 4 — 5,555 Consumer finance — 976 1,235 190 22 — — 2,423 Total loans and leases held for investment — 1,031 1,236 1,080 4,627 4 — 7,978 Total 90 days or more delinquent and accruing $ — $ 1,031 $ 1,236 $ 1,080 $ 4,627 $ 4 $ — $ 7,978 Amortized Cost Basis (Dollars in thousands) Term Loans and Leases by Origination Year Revolving Loans and Leases Total At September 30, 2024 2024 2023 2022 2021 2020 Prior Loans held for sale $ 1,031 $ 19 $ — $ — $ — $ — $ — $ 1,050 Term lending — 621 354 719 217 12 — 1,923 Lease financing — — — 2 58 — — 60 SBA/USDA — — 331 — — — — 331 Commercial finance — 621 685 721 275 12 — 2,314 Consumer finance 736 1,841 388 88 — — — 3,053 Tax services 8,733 — — — — — — 8,733 Total loans and leases held for investment 9,469 2,462 1,073 809 275 12 — 14,100 Total 90 days or more delinquent and accruing $ 10,500 $ 2,481 $ 1,073 $ 809 $ 275 $ 12 $ — $ 15,150 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) consumer loans exempt under regulatory rules from being classified as nonaccrual until later delinquency, usually 120 days past due. The following table provides the average recorded investment in nonaccrual loans and leases: Three Months Ended December 31, (Dollars in thousands) 2024 2023 Term lending $ 23,208 $ 17,419 Asset-based lending 591 9,711 Factoring 265 1,180 Lease financing 1,565 1,623 SBA/USDA 1,900 1,488 Commercial finance 27,529 31,421 Total loans and leases $ 27,529 $ 31,421 The recognized interest income on the Company's nonaccrual loans and leases for the three months ended December 31, 2024 and 2023 was not significant. Modifications made to borrowers experiencing financial difficulty during the three months ended December 31, 2024 were $3.3 million in the commercial finance loan portfolio. The types of modifications granted were term extensions. Modifications made to borrowers experiencing financial difficulty during the three months ended December 31, 2023 were insignificant. During the three months ended December 31, 2024, the Company had $1.4 million of commercial finance loans where a modification was granted in the previous 12 months in which there was a payment default. As of December 31, 2024, no modifications granted were in the 60-89 days past due category. During the three months ended December 31, 2023, there were no modifications granted in the previous 12 months in which there was a payment default.

EARNINGS PER COMMON SHARE ("EPS

EARNINGS PER COMMON SHARE ("EPS")	3 Months Ended
	Dec. 31, 2024
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 EPS 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 EPS is calculated using the more dilutive of the two-class method or the treasury stock method. Diluted EPS 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 upon vesting of performance share units ("PSUs") and restricted stock grants, and after 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 December 31, (Dollars in thousands, except per share data) 2024 2023 Basic income per common share: Net income attributable to Pathward Financial, Inc. $ 31,427 $ 27,657 Dividends and undistributed earnings allocated to participating securities (130) (220) Basic net earnings available to common stockholders 31,297 27,437 Undistributed earnings allocated to nonvested restricted stockholders 125 210 Reallocation of undistributed earnings to nonvested restricted stockholders (125) (210) Diluted net earnings available to common stockholders $ 31,297 $ 27,437 Total weighted-average basic common shares outstanding 24,221,697 25,776,845 Effect of dilutive securities (1) PSUs 58,674 24,693 Total effect of dilutive securities 58,674 24,693 Total weighted-average diluted common shares outstanding 24,280,371 25,801,538 Net earnings per common share: Basic earnings per common share $ 1.29 $ 1.06 Diluted earnings per common share (2) $ 1.29 $ 1.06 (1) Represents the effect of the assumed vesting of PSUs 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 December 31, 2024 and 2023, respectively, were 100,406 and 207,074 weighted average shares of nonvested restricted stock because their inclusion would be anti-dilutive.

RENTAL EQUIPMENT, NET

RENTAL EQUIPMENT, NET	3 Months Ended
	Dec. 31, 2024
Property, Plant and Equipment [Abstract]
RENTAL EQUIPMENT, NET	RENTAL EQUIPMENT, NET Rental equipment consists of the following: (Dollars in thousands) December 31, 2024 September 30, 2024 Computers and IT networking equipment $ 18,219 $ 21,308 Motor vehicles and other 148,940 140,920 Other furniture and equipment 37,195 38,755 Solar panels and equipment 129,821 128,296 Total 334,175 329,279 Accumulated depreciation (128,425) (124,987) Unamortized initial direct costs 1,004 1,047 Net book value $ 206,754 $ 205,339 Future minimum lease payments expected to be received for operating leases at December 31, 2024 were as follows: (Dollars in thousands) Remaining in 2025 $ 31,957 2026 34,726 2027 26,540 2028 17,823 2029 12,010 Thereafter 6,178 Total $ 129,234

GOODWILL AND INTANGIBLE ASSETS

GOODWILL AND INTANGIBLE ASSETS	3 Months Ended
	Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL AND INTANGIBLE ASSETS	GOODWILL AND INTANGIBLE ASSETS The Company held a total of $297.9 million of goodwill at December 31, 2024. The recorded goodwill is a result of multiple business combinations that occurred from 2015 to 2018. During the three months ended December 31, 2024, the Company closed on the sale of the commercial insurance premium finance business and derecognized the goodwill associated with that reporting unit. The goodwill was included in the carrying amount of the disposed business. See Note 3. Divestitures to the Condensed Consolidated Financial Statements for further information. The changes in the carrying amount of the Company's goodwill were as follows: (Dollars in thousands) Consumer Commercial Corporate Services/Other Total At September 30, 2024 $ 87,145 $ 222,360 $ — $ 309,505 Divestiture — (11,577) — (11,577) At December 31, 2024 $ 87,145 $ 210,783 $ — $ 297,928 At September 30, 2023 $ 87,145 $ 222,360 $ — $ 309,505 At December 31, 2023 $ 87,145 $ 222,360 $ — $ 309,505 The changes in the carrying amount of the Company’s intangible assets during the three months ended December 31, 2024 include certain intangibles disposed of as part of the commercial insurance premium finance business sale. The relevant intangibles were included in the carrying amount of the disposed business. See Note 3. Divestitures to the Condensed Consolidated Financial Statements for further information. (Dollars in thousands) Trademark (1) Non-Compete Customer Relationships (2) All Others (3) Total At September 30, 2024 $ 6,422 $ — $ 6,566 $ 3,601 $ 16,589 Amortization during the period (269) — (411) (132) (812) Write-offs and disposals during the period — — (631) — (631) At December 31, 2024 $ 6,153 $ — $ 5,524 $ 3,469 $ 15,146 Gross carrying amount $ 13,774 $ 301 $ 70,338 $ 7,732 $ 92,145 Accumulated amortization (7,621) (301) (53,896) (4,110) (65,928) Accumulated impairment — — (10,918) (153) (11,071) At December 31, 2024 $ 6,153 $ — $ 5,524 $ 3,469 $ 15,146 At September 30, 2023 $ 7,477 $ — $ 9,110 $ 4,133 $ 20,720 Amortization during the period (264) — (587) (133) (984) At December 31, 2023 $ 7,213 $ — $ 8,523 $ 4,000 $ 19,736 Gross carrying amount $ 13,774 $ 301 $ 77,578 $ 7,798 $ 99,451 Accumulated amortization (6,561) (301) (58,137) (3,579) (68,578) Accumulated impairment — — (10,918) (219) (11,137) At December 31, 2023 $ 7,213 $ — $ 8,523 $ 4,000 $ 19,736 (1) Book amortization period of 5-15 years. Amortized using the straight line and accelerated methods. (2) Book amortization period of 10-30 years. Amortized using the accelerated method. (3) 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 nine months of fiscal 2025 and subsequent fiscal years at December 31, 2024 was as follows: (Dollars in thousands) Remaining in 2025 $ 2,620 2026 3,109 2027 2,489 2028 2,200 2029 1,585 Thereafter 3,143 Total anticipated intangible amortization $ 15,146 There were no impairments to intangible assets during the three months ended December 31, 2024 and 2023. Intangible impairment expense is recorded within the impairment expense line of the Condensed Consolidated Statements of Operations.

OPERATING LEASE RIGHT-OF-USE AS

OPERATING LEASE RIGHT-OF-USE ASSETS AND LIABILITIES	3 Months Ended
	Dec. 31, 2024
Leases [Abstract]
OPERATING LEASE RIGHT-OF-USE ASSETS AND LIABILITIES	OPERATING LEASE RIGHT-OF-USE ASSETS AND LIABILITIES Operating lease right-of-use ("ROU") assets, included in other assets Operating lease liabilities, included in accrued expenses and other liabilities The decreases in lease ROU assets and liabilities relate to normal amortization and lease payments made during the three months ended December 31, 2024, but also include adjustments for lease assignments that occurred as a result of the commercial insurance premium finance business sale during the quarter. Two office locations, Newport Beach, California and Addison, Texas, were included in the sale of the commercial insurance premium finance business and the relevant lease ROU assets and liabilities are no longer reflected in the Company's Condensed Consolidated Financial Statements after the transaction closed. The derecognition of the relevant lease ROU assets and liabilities resulted in a $0.5 million gain on remeasurement that was recognized as part of the overall gain on divestitures from the commercial insurance premium finance business sale. See Note 3. Divestitures to the Condensed Consolidated Financial Statements for further information. Undiscounted future minimum operating lease payments and a reconciliation to the amount recorded as operating lease liabilities at December 31, 2024 were as follows: (Dollars in thousands) Remaining in 2025 $ 2,535 2026 3,048 2027 2,856 2028 2,816 2029 2,841 Thereafter 12,703 Total undiscounted future minimum lease payments 26,799 Discount (3,049) Total operating lease liabilities $ 23,750 The weighted-average discount rate and remaining lease term for operating leases were as follows: December 31, 2024 September 30, 2024 Weighted-average discount rate 2.50 % 2.45 % Weighted-average remaining lease term (years) 8.91 8.78 The components of total lease costs for operating leases were as follows: Three Months Ended December 31, (Dollars in thousands) 2024 2023 Lease expense $ 919 $ 1,025 Short-term and variable lease cost 21 (7) Sublease income (352) (370) Total lease cost for operating leases $ 588 $ 648

STOCKHOLDERS' EQUITY

STOCKHOLDERS' EQUITY	3 Months Ended
	Dec. 31, 2024
Equity [Abstract]
STOCKHOLDERS' EQUITY	STOCKHOLDERS' EQUITY Repurchase of Common Stock. The Company's Board of Directors authorized the September 3, 2021 share repurchase program to repurchase up to 6,000,000 shares of the Company's outstanding common stock. This authorization was effective from September 3, 2021 through September 30, 2024, with 146,435 shares authorized by this repurchase program not repurchased when it expired. On August 25, 2023, the Company's Board of Directors announced a share repurchase program to repurchase up to an additional 7,000,000 shares of the Company's outstanding common stock on or before September 30, 2028. During the three months ended December 31, 2024 and 2023, the Company repurchased 701,860 and 232,588 shares, respectively, as part of the share repurchase programs. Under the repurchase programs, 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 credited 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 December 31, 2024, 6,298,140 shares of common stock remained available for repurchase. For the three months ended December 31, 2024 and 2023, the Company also repurchased 66,446 and 103,641 shares, or $4.6 million and $4.9 million, of common stock, respectively, in settlement of employee tax withholding obligations due upon the vesting of restricted stock. Retirement of Treasury Stock. The Company accounts for the retirement of repurchased shares, including treasury stock, using the par value method under which the repurchase price is charged to paid-in capital up to the amount of the original proceeds of those shares. When the repurchase price is greater than the original issue proceeds, the excess is charged to retained earnings. The Company retired no shares of common stock held in treasury during the three months ended December 31, 2024 and 2023.

STOCK COMPENSATION

STOCK COMPENSATION	3 Months Ended
	Dec. 31, 2024
Share-Based Payment Arrangement [Abstract]
STOCK COMPENSATION	STOCK COMPENSATION On February 27, 2024, the shareholders of the Company voted to approve the Pathward Financial, Inc. 2023 Omnibus Incentive Plan (the "Plan"). The Plan permits the granting of various types of awards including but not limited to nonvested (restricted) shares and PSUs to certain officers and directors of the Company. Awards may be granted by the Compensation Committee of the Board of Directors based on the performance of the award recipients or other relevant factors. Shares have previously been granted each year to executives and senior leadership members under the applicable Company incentive plan. These shares vest at various times ranging from immediately to three years based on circumstances at time of grant. The fair value is determined based on the fair market value of the Company’s stock on the grant date. Director shares are issued to the Company’s directors, and these shares have historically vested from immediately to up to one year from the grant date. The Company also grants selected executives PSU awards. The vesting of these awards is contingent on meeting company-wide performance goals, including earnings per share. PSUs are generally granted at the market value of the underlying share on the date of grant, adjusted for dividends, as PSUs do not participate in dividends. The awards contingently vest over a period of three years and have payout levels ranging from a threshold of 50% to a maximum of 200%. Upon vesting, each PSU earned is converted into one share of common stock. The fair value of the PSUs is determined by the dividend-adjusted fair value on the grant date for those awards subject to a performance condition. For those PSUs subject to a market condition, a simulation valuation is performed. In addition, during the first and second quarters of fiscal year 2017, shares were granted to certain executive officers of the Company in connection with their signing of employment agreements with the Company. These stock awards vest in equal installments over eight years. The following tables show the activity of share awards (including shares of restricted stock subject to vesting, fully-vested restricted stock, and PSUs) granted, exercised or forfeited under all of the Company's incentive plans during the three months ended December 31, 2024. Number of Shares Weighted Average Fair Value at Grant Restricted Stock Awards Nonvested shares outstanding, September 30, 2024 248,670 $ 41.19 Granted — — Vested (164,069) 37.80 Forfeited or expired (782) 50.15 Nonvested shares outstanding, December 31, 2024 83,819 $ 47.75 Restricted Stock Units Nonvested shares outstanding, September 30, 2024 — $ — Granted 84,038 79.66 Vested — — Forfeited or expired — — Nonvested shares outstanding, December 31, 2024 84,038 $ 79.66 Number of Units Weighted Average Fair Value at Grant PSUs outstanding, September 30, 2024 142,462 $ 47.24 Granted 33,136 79.63 Vested (34,304) 57.21 Forfeited or expired — — PSUs outstanding, December 31, 2024 141,294 $ 52.42 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 fair value of nonvested (restricted) shares and PSUs granted under the Company’s incentive plans is equal to the fair market value of the underlying stock at the grant date, adjusted for dividends where applicable. The Company has elected to record forfeitures as they occur. As of December 31, 2024, stock-based compensation expense not yet recognized in income totaled $13.7 million, which is expected to be recognized over a weighted average remaining period of 1.95 years.

INCOME TAXES

INCOME TAXES	3 Months Ended
	Dec. 31, 2024
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES The Company recorded an income tax expense of $6.3 million for the three months ended December 31, 2024, resulting in an effective tax rate of 16.60%, compared to an income tax expense of $5.7 million, or an effective tax rate of 17.00%, for the three months ended December 31, 2023. The Company’s effective tax rate was lower than the U.S. statutory rate of 21% primarily because of the effect of investment tax credits during fiscal year 2025. The Company's effective tax rate in the future will depend in part on actual investment tax credits generated from qualified renewable energy property. The table below compares the income tax expense components for the periods presented. Three Months Ended December 31, (Dollars in thousands) 2024 2023 Provision at statutory rate $ 7,921 $ 7,009 Tax-exempt income (168) (174) State income taxes 1,243 1,228 Interim period effective rate adjustment 1,659 2,806 Tax credit investments, net - federal (3,167) (4,377) IRC 162(m) nondeductible compensation 55 (280) Other, net (1,249) (493) Income tax expense $ 6,294 $ 5,719 Effective tax rate 16.60 % 17.00 %

REVENUE FROM CONTRACTS WITH CUS

REVENUE FROM CONTRACTS WITH CUSTOMERS	3 Months Ended
	Dec. 31, 2024
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 14. Segment Reporting to the Condensed Consolidated Financial Statements. (Dollars in thousands) Consumer Commercial Corporate Services/Other Consolidated Company Three Months Ended December 31, 2024 2023 2024 2023 2024 2023 2024 2023 Net interest income (1) $ 69,127 $ 59,356 $ 46,111 $ 45,881 $ 895 $ 4,799 $ 116,133 $ 110,036 Noninterest income: Refund transfer product fees 410 422 — — — — 410 422 Refund advance fee income (1) 459 111 — — — — 459 111 Card and deposit fees 28,828 30,507 232 236 6 7 29,066 30,750 Rental income (1) — — 13,508 13,235 200 224 13,708 13,459 (Loss) on sale of securities (1) — — — — (15,671) — (15,671) — Gain on divestitures (1) — — — — 16,404 — 16,404 — Gain (loss) on sale of loans and leases (1) 40 (31) 4,338 — — — 4,378 (31) Gain on sale of other (1) — — 531 362 456 2,509 987 2,871 Other income (1) 3,864 1,778 2,630 2,166 1,143 1,235 7,637 5,179 Total noninterest income 33,601 32,787 21,239 15,999 2,538 3,975 57,378 52,761 Revenue $ 102,728 $ 92,143 $ 67,350 $ 61,880 $ 3,433 $ 8,774 $ 173,511 $ 162,797 (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 for the three months ended December 31, 2024. Refund Transfer Product Fees. Refund transfer fees are specific to the Partner Solutions business line and reflect product fees offered by the Company through third-party tax preparers and tax preparation software providers where the Company acts as the partnering financial institution. A refund transfer allows a taxpayer to pay tax preparation and filing fees directly from their federal or state government tax refund, with the remainder of the refund being disbursed in accordance with the terms and conditions of the taxpayer agreement, which may include satisfaction of other disbursement obligations before going directly to the taxpayer via check, direct deposit, or prepaid card. Refund transfer fees are recognized by the Company immediately after the taxpayer's refund has been disbursed in accordance with the contract and are based on standalone pricing included within the terms and conditions. Certain expenses to tax preparation software providers are netted with refund transfer fee income as the Company is considered the agent in these contractual relationships. All refund transfer fees are recorded within the Consumer reporting segment. Card and Deposit Fees. Card fees relate to the Partner Solutions business line and consist of income from prepaid cards and merchant services, including interchange fees from prepaid cards processed through card association networks, merchant services and other card related services. Interchange rates are generally set by card association networks based on transaction volume and other factors. Since interchange fees are generated by cardholder activity, the Company recognizes the income as transactions occur. Fee income for merchant services and other card related services reflect account management and transaction fees charged to merchants for processing card association network transactions. The associated income is recognized as transactions occur or as services are performed. For the Company's internally managed prepaid card programs, fees are based on standalone pricing within the terms and conditions of the cardholder agreement. The Company is considered the principal of these relationships resulting in all fee income being presented on a gross basis within the Condensed Consolidated Statement of Operations. For the Company's sponsorship prepaid card programs where a third-party is considered the Program Manager, the fees are based on standalone pricing within the terms and conditions of the Program Agreement. For these relationships, the Company is considered the agent and certain expenses with the Program Manager, networks and associations are netted with card fee revenue. All card fee income is included in the Consumer reporting segment. Deposit fees relate to the Partner Solutions and Commercial Finance business lines and consist of income from banking and deposit-related services, including account services, overdraft protection, and wire transfers. Fee income for account services is recognized over the course of the month as the performance obligation is satisfied. Fee income for overdraft protection and wire transfers is recognized at the point in time when such event occurs. For partner solutions, the fees for account services and overdraft protection are based on standalone pricing within the terms and conditions of the Program Agreement with the sponsorship partner. For these relationships, the Company is considered the agent and certain expenses with the partner are netted with deposit fee revenue. For Commercial Finance, fees for wire transfers are based on standalone pricing within the terms and conditions of the customer deposit agreement. Bank and deposit fees for the Partner Solutions and Commercial Finance business lines are included in the Consumer and Commercial reporting segments, respectively. Also included within Card and Deposit Fees for the Consumer reporting segment are servicing fees the Company recognizes for off-balance sheet custodial deposits. This fee income is for services the Bank performs to maintain records of cardholder funds placed at one or more third-party banks insured by the Federal Deposit Insurance Corporation ("FDIC"). The servicing fee is typically reflective of the effective federal funds rate ("EFFR").

SEGMENT REPORTING

SEGMENT REPORTING	3 Months Ended
	Dec. 31, 2024
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 Partner Solutions business line is reported in the Consumer segment. The Commercial Finance business line is reported in the Commercial segment. The Corporate Services/Other segment includes certain shared services as well as treasury related functions such as the investment portfolio, warehouse finance, wholesale deposits, and borrowings. The following table presents segment data for the Company: (Dollars in thousands) Consumer Commercial Corporate Services/Other Total Three Months Ended December 31, 2024 2023 2024 2023 2024 2023 2024 2023 Net interest income $ 69,127 $ 59,356 $ 46,111 $ 45,881 $ 895 $ 4,799 $ 116,133 $ 110,036 Provision for (reversal of) credit loss 4,095 3,454 7,831 6,463 106 (27) 12,032 9,890 Noninterest income 33,601 32,787 21,239 15,999 2,538 3,975 57,378 52,761 Noninterest expense 49,142 50,013 32,765 34,856 41,652 34,405 123,559 119,274 Income (loss) before income tax expense 49,491 38,676 26,754 20,561 (38,325) (25,604) 37,920 33,633 Total assets 535,134 563,706 4,086,116 4,206,522 3,001,092 3,157,209 7,622,342 7,927,437 Total goodwill 87,145 87,145 210,783 222,360 — — 297,928 309,505 Total deposits 6,305,236 6,587,052 1,439 3,669 212,278 345,334 6,518,953 6,936,055

FAIR VALUE OF FINANCIAL INSTRUM

FAIR VALUE OF FINANCIAL INSTRUMENTS	3 Months Ended
	Dec. 31, 2024
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 AFS and HTM . Debt securities AFS are recorded at fair value on a recurring basis and debt securities HTM are carried at amortized cost. The fair value of debt securities AFS, 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 services for unusual fluctuations and compares 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 AFS and equity securities as they are measured at fair value on a recurring basis. At December 31, 2024 (Dollars in thousands) Total Level 1 Level 2 Level 3 Debt securities AFS Corporate securities $ 21,000 $ — $ 21,000 $ — SBA securities 30,529 — 30,529 — Obligations of states and political subdivisions 200 — 200 — Non-bank qualified obligations of states and political subdivisions 200,725 — 200,725 — Asset-backed securities 180,930 — 180,930 — Mortgage-backed securities 1,046,706 — 1,046,706 — Total debt securities AFS $ 1,480,090 $ — $ 1,480,090 $ — Common equities and mutual funds (1) $ 3,563 $ 3,563 $ — $ — Non-marketable equity securities (2) $ 11,870 $ — $ — $ — (1) Equity securities at fair value are included within other assets on the Condensed Consolidated Statements of Financial Condition at December 31, 2024. (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. At September 30, 2024 (Dollars in thousands) Total Level 1 Level 2 Level 3 Debt securities AFS Corporate securities $ 19,750 $ — $ 19,750 $ — SBA securities 81,935 — 81,935 — Obligations of states and political subdivisions 480 — 480 — Non-bank qualified obligations of states and political subdivisions 217,990 — 217,990 — Asset-backed securities 189,698 — 189,698 — Mortgage-backed securities 1,231,368 — 1,231,368 — Total debt securities AFS $ 1,741,221 $ — $ 1,741,221 $ — Common equities and mutual funds (1) $ 3,303 $ 3,303 $ — $ — Non-marketable equity securities (2) $ 11,828 $ — $ — $ — (1) Equity securities at fair value are included within other assets on the Consolidated Statements of Financial Condition at September 30, 2024. (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. 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 the internal estimates and/or assessment provided by third-party appraisers and the valuation relies on discount rates ranging from 3% to 45%. The following tables summarize the assets of the Company that are measured at fair value in the Condensed Consolidated Statements of Financial Condition on a nonrecurring basis: At December 31, 2024 (Dollars in thousands) Total Level 1 Level 2 Level 3 Loans and leases, net individually evaluated for credit loss Commercial finance $ 4,751 $ — $ — $ 4,751 Total loans and leases, net individually evaluated for credit loss 4,751 — — 4,751 Total $ 4,751 $ — $ — $ 4,751 At September 30, 2024 (Dollars in thousands) Total Level 1 Level 2 Level 3 Loans and leases, net individually evaluated for credit loss Commercial finance $ 7,652 $ — $ — $ 7,652 Total loans and leases, net individually evaluated for credit loss 7,652 — — 7,652 Total $ 7,652 $ — $ — $ 7,652 Quantitative Information About Level 3 Fair Value Measurements (Dollars in thousands) Fair Value at December 31, 2024 Fair Value at September 30, 2024 Valuation Unobservable Input Range of Inputs Loans and leases, net individually evaluated for credit loss $ 4,751 $ 7,652 Market approach Appraised values (1) 3% - 45% (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 3% to 45%. 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 December 31, 2024 and September 30, 2024 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: At December 31, 2024 (Dollars in thousands) Carrying Estimated Level 1 Level 2 Level 3 Financial assets Cash and cash equivalents $ 597,396 $ 597,396 $ 597,396 $ — $ — Debt securities available for sale 1,480,090 1,480,090 — 1,480,090 — Debt securities held to maturity 32,001 27,431 — 27,431 — Common equities and mutual funds (1) 3,563 3,563 3,563 — — Non-marketable equity securities (1)(2) 21,569 21,569 — 9,699 — Loans held for sale 72,648 72,648 — 72,648 — Loans and leases 4,565,947 4,501,798 — — 4,501,798 Federal Reserve Bank and Federal Home Loan Bank stocks 24,454 24,454 — 24,454 — Accrued interest receivable 35,279 35,279 35,279 — — Financial liabilities Deposits 6,518,953 6,518,852 6,514,740 4,112 — Other short- and long-term borrowings 33,380 32,332 — 32,332 — Accrued interest payable 771 771 771 — — (1) Equity securities at fair value are included within other assets on the Condensed Consolidated Statements of Financial Condition at December 31, 2024. (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. At September 30, 2024 (Dollars in thousands) Carrying Estimated Level 1 Level 2 Level 3 Financial assets Cash and cash equivalents $ 158,337 $ 158,337 $ 158,337 $ — $ — Debt securities available for sale 1,741,221 1,741,221 — 1,741,221 — Debt securities held to maturity 33,092 30,236 — 30,236 — Common equities and mutual funds (1) 3,303 3,303 3,303 — — Non-marketable equity securities (1)(2) 21,350 21,350 — 9,522 — Loans held for sale 688,870 688,870 — 688,870 — Loans and leases 4,071,071 4,036,490 — — 4,036,490 Federal Reserve Bank and Federal Home Loan Bank stocks 36,014 36,014 — 36,014 — Accrued interest receivable 31,385 31,385 31,385 — — Financial liabilities Deposits 5,875,085 5,874,994 5,845,879 29,115 — Overnight federal funds purchased 377,000 377,000 377,000 — — Other short- and long-term borrowings 33,354 31,787 — 31,787 — Accrued interest payable 571 571 571 — — (1) Equity securities at fair value are included within other assets on the Consolidated Statements of Financial Condition at September 30, 2024. (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.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	3 Months Ended
	Dec. 31, 2024
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	SUBSEQUENT EVENTS Management has evaluated subsequent events that occurred after December 31, 2024. 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 December 31, 2024.

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Pay vs Performance Disclosure
Net income attributable to Pathward Financial, Inc.	$ 31,427	$ 27,657

Insider Trading Arrangements

Insider Trading Arrangements - Director and Officer Trading Arrangement [Member]	3 Months Ended
	Dec. 31, 2024
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND RECENTLY ADOPTED ACCOUNTING STANDARDS UPDATES ("ASU") (Policies)	3 Months Ended
	Dec. 31, 2024
Accounting Policies [Abstract]
Adopted ASUs	Significant accounting policies in effect and disclosed within the Company’s most recent audited consolidated financial statements as of September 30, 2024 remain substantially unchanged. The following ASU became effective for the Company on October 1, 2024, and did not have a material impact on the Company’s significant accounting policies or Condensed Consolidated Financial Statements: ASU 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures. This ASU improves reportable segment disclosures primarily by enhancing disclosure requirements about significant segment expenses and additional interim disclosure requirements. The amendments will first be applied to the Company's annual financial statements for the year ending September 30, 2025 using a retrospective transition method. This ASU impacts disclosure only, and therefore does not have an impact on our consolidated financial statements. The following ASUs have been issued and are considered applicable to the Company but have not yet been adopted. ASU 2023-09, Income Taxes (ASC 740): Improvements to Income Tax Disclosures . This ASU requires enhanced income tax disclosures primarily related to the rate reconciliation and income taxes paid information to provide further transparency surrounding the Company’s income tax position. The amendments in this ASU will be effective for the Company beginning on October 1, 2025. This ASU impacts annual income tax disclosures only. The Company is currently evaluating the impact of such amendments to our Income Tax disclosures. ASU 2024-03, Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures . This ASU requires entities to disclose specified information about certain costs and expenses within relevant expense captions in both annual and interim financial reporting. If costs and expenses do not fall within one of the disaggregated captions, qualitative description is required. The amendments in this ASU will be effective for the Company beginning October 1, 2027. This ASU impacts disclosure only, and therefore will not impact our consolidated financial statements. The Company is currently evaluating the impact of this ASU on required annual and interim disclosures.

DIVESTITURES (Tables)

DIVESTITURES (Tables)	3 Months Ended
	Dec. 31, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]
Schedule of Discontinued Operations	The Company has summarized the results of the transaction as follows: (Dollars in thousands) Assets Purchased and Liabilities Assumed Cash and cash equivalents $ 4,686 Loans 594,541 Premises, furniture, and equipment, net 484 Total assets purchased $ 599,711 Deposits $ 16,760 Accrued expenses and other liabilities 1,158 Total liabilities assumed $ 17,918 Net assets purchased $ 581,793 Consideration paid at close 603,290 Consideration due 9,703 Total purchase price 612,993 Premium on transaction 31,200 Other adjustments: Goodwill derecognition (11,577) Intangible derecognition (631) Building lease derecognition 471 Transaction costs (3,059) Total other adjustments (14,796) Gain on divestitures $ 16,404

SECURITIES (Tables)

SECURITIES (Tables)	3 Months Ended
	Dec. 31, 2024
Investments, Debt and Equity Securities [Abstract]
Securities Available for Sale	The amortized cost, gross unrealized gains and losses and estimated fair values of debt securities available for sale ("AFS") and held to maturity ("HTM") are presented below. (Dollars in thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Fair Debt Securities AFS At December 31, 2024 Corporate securities $ 25,000 $ — $ (4,000) $ 21,000 SBA securities 34,501 — (3,972) 30,529 Obligations of states and political subdivisions 200 — — 200 Non-bank qualified obligations of states and political subdivisions 235,137 24 (34,436) 200,725 Asset-backed securities 184,645 322 (4,037) 180,930 Mortgage-backed securities 1,250,352 — (203,646) 1,046,706 Total debt securities AFS $ 1,729,835 $ 346 $ (250,091) $ 1,480,090 At September 30, 2024 Corporate securities $ 25,000 $ — $ (5,250) $ 19,750 SBA securities 86,036 — (4,101) 81,935 Obligations of states and political subdivisions 501 — (21) 480 Non-bank qualified obligations of states and political subdivisions 246,233 44 (28,287) 217,990 Asset-backed securities 192,979 337 (3,618) 189,698 Mortgage-backed securities 1,393,549 84 (162,265) 1,231,368 Total debt securities AFS $ 1,944,298 $ 465 $ (203,542) $ 1,741,221 Debt Securities HTM At December 31, 2024 Non-bank qualified obligations of states and political subdivisions $ 29,992 $ — $ (4,297) $ 25,695 Mortgage-backed securities 2,009 — (273) 1,736 Total debt securities HTM $ 32,001 $ — $ (4,570) $ 27,431 At September 30, 2024 Non-bank qualified obligations of states and political subdivisions $ 31,060 $ — $ (2,668) $ 28,392 Mortgage-backed securities 2,032 — (188) 1,844 Total debt securities HTM $ 33,092 $ — $ (2,856) $ 30,236
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 MONTHS OVER 12 MONTHS TOTAL (Dollars in thousands) Fair Gross Unrealized (Losses) Fair Gross Unrealized (Losses) Fair Gross Unrealized (Losses) Debt Securities AFS At December 31, 2024 Corporate securities $ — $ — $ 21,000 $ (4,000) $ 21,000 $ (4,000) SBA securities — — 30,528 (3,972) 30,528 (3,972) Non-bank qualified obligations of states and political subdivisions — — 198,747 (34,436) 198,747 (34,436) Asset-backed securities 48,261 (280) 84,879 (3,757) 133,140 (4,037) Mortgage-backed securities 15,390 (249) 1,031,316 (203,397) 1,046,706 (203,646) Total debt securities AFS $ 63,651 $ (529) $ 1,366,470 $ (249,562) $ 1,430,121 $ (250,091) At September 30, 2024 Corporate securities $ — $ — $ 19,750 $ (5,250) $ 19,750 $ (5,250) SBA securities — — 81,935 (4,101) 81,935 (4,101) Obligations of state and political subdivisions — — 280 (21) 280 (21) Non-bank qualified obligations of states and political subdivisions — — 215,956 (28,287) 215,956 (28,287) Asset-backed securities 52,101 (176) 88,576 (3,442) 140,677 (3,618) Mortgage-backed securities 2,377 (15) 1,215,781 (162,250) 1,218,158 (162,265) Total debt securities AFS $ 54,478 $ (191) $ 1,622,278 $ (203,351) $ 1,676,756 $ (203,542) Debt Securities HTM At December 31, 2024 Non-bank qualified obligations of states and political subdivisions $ — $ — $ 25,695 $ (4,297) $ 25,695 $ (4,297) Mortgage-backed securities — — 1,736 (273) 1,736 (273) Total debt securities HTM $ — $ — $ 27,431 $ (4,570) $ 27,431 $ (4,570) At September 30, 2024 Non-bank qualified obligations of states and political subdivisions $ — $ — $ 28,392 $ (2,668) $ 28,392 $ (2,668) Mortgage-backed securities — — 1,844 (188) 1,844 (188) Total debt securities HTM $ — $ — $ 30,236 $ (2,856) $ 30,236 $ (2,856)
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 which allow the issuer to call the security prior to maturity. Expected maturities may differ from contractual maturities in 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. (Dollars in thousands) At December 31, 2024 At September 30, 2024 Debt Securities AFS Amortized Cost Fair Amortized Cost Fair Due in one year or less $ 200 $ 199 $ 1,826 $ 1,796 Due after one year through five years 6,592 6,372 14,772 14,211 Due after five years through ten years 45,866 39,595 70,894 63,636 Due after ten years 426,825 387,218 463,257 430,210 479,483 433,384 550,749 509,853 Mortgage-backed securities 1,250,352 1,046,706 1,393,549 1,231,368 Total debt securities AFS $ 1,729,835 $ 1,480,090 $ 1,944,298 $ 1,741,221 Debt Securities HTM Due after ten years $ 29,992 $ 25,695 $ 31,060 $ 28,392 29,992 25,695 31,060 28,392 Mortgage-backed securities 2,009 1,736 2,032 1,844 Total debt securities HTM $ 32,001 $ 27,431 $ 33,092 $ 30,236

LOANS AND LEASES, NET (Tables)

LOANS AND LEASES, NET (Tables)	3 Months Ended
	Dec. 31, 2024
Loans and Leases Receivable Disclosure [Abstract]
Schedule of Loans Receivable	Loans and leases consist of the following: (Dollars in thousands) December 31, 2024 September 30, 2024 Term lending $ 1,735,539 $ 1,554,641 Asset-based lending 608,261 471,897 Factoring 364,477 362,295 Lease financing 138,305 152,174 SBA/USDA 595,965 568,628 Other commercial finance 174,097 185,964 Commercial finance 3,616,644 3,295,599 Consumer finance 280,001 248,800 Tax services 45,051 8,825 Warehouse finance 624,251 517,847 Total loans and leases 4,565,947 4,071,071 Net deferred loan origination costs (fees) (3,266) 4,124 Total gross loans and leases 4,562,681 4,075,195 Allowance for credit losses (48,977) (45,336) Total loans and leases, net $ 4,513,704 $ 4,029,859
Schedule of Loans Purchased and Sold by Portfolio Segment	Loans purchased and sold by portfolio segment, including participation interests, were as follows: Three Months Ended December 31, (Dollars in thousands) 2024 2023 Loans Purchased Loans held for investment: Commercial finance $ 19,540 $ — Warehouse finance 119,819 89,390 Total purchases $ 139,359 $ 89,390 Loans Sold Loans held for sale: Commercial finance $ 65,802 $ 3,872 Consumer finance 552,630 622,464 Total sales $ 618,432 $ 626,336
Sales-type Lease, Lease Income	The net investment in direct financing and sales-type leases was comprised of the following: (Dollars in thousands) December 31, 2024 September 30, 2024 Minimum lease payments receivable $ 147,969 $ 162,757 Unguaranteed residual assets 8,097 9,300 Unamortized initial direct costs 129 102 Unearned income (17,726) (19,883) Total net investment in direct financing and sales-type leases $ 138,469 $ 152,276
Operating Lease, Lease Income	The components of total lease income were as follows: Three Months Ended December 31, (Dollars in thousands) 2024 2023 Interest income - loans and leases Interest income on net investments in direct financing and sales-type leases $ 3,187 $ 3,108 Leasing and equipment finance noninterest income Lease income from operating lease payments 13,448 13,255 Other (1) 1,307 724 Total leasing and equipment finance noninterest income 14,755 13,979 Total lease income $ 17,942 $ 17,087 (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 at December 31, 2024 were as follows: (Dollars in thousands) Remaining in 2025 $ 43,987 2026 42,905 2027 28,342 2028 16,599 2029 10,401 Thereafter 5,735 Total undiscounted future minimum lease payments receivable for direct financing and sales-type leases 147,969 Third-party residual value guarantees — Total carrying amount of direct financing and sales-type leases $ 147,969
Annual Activity in Allowance for Loan Losses, Allowance for Loan Losses and Recorded Investment in Loans	Activity in the allowance for credit losses by portfolio segment was as follows: Three Months Ended December 31, 2024 (Dollars in thousands) Beginning Balance Provision (Reversal) Charge-offs Recoveries Ending Balance Allowance for credit losses: Term lending $ 30,394 $ 7,289 $ (8,375) $ 617 $ 29,925 Asset-based lending 1,356 406 — — 1,762 Factoring 5,757 (170) (74) 252 5,765 Lease financing 1,189 (247) (63) 2 881 Insurance premium finance — 91 (93) 2 — SBA/USDA 3,273 831 (297) — 3,807 Other commercial finance 607 (186) — — 421 Commercial finance 42,576 8,014 (8,902) 873 42,561 Consumer finance 2,240 2,792 (33) 2 5,001 Tax services 2 1,301 (741) 228 790 Warehouse finance 518 107 — — 625 Total loans and leases 45,336 12,214 (9,676) 1,103 48,977 Unfunded commitments (1) 695 (182) — — 513 Total $ 46,031 $ 12,032 $ (9,676) $ 1,103 $ 49,490 (1) Reserve for unfunded commitments is recognized within other liabilities on the Condensed Consolidated Statements of Financial Condition. Three Months Ended December 31, 2023 (Dollars in thousands) Beginning Balance Provision (Reversal) Charge-offs Recoveries Ending Balance Allowance for credit losses: Term lending $ 25,686 $ 5,822 $ (5,121) $ 626 $ 27,013 Asset-based lending 2,738 (1,510) — 142 1,370 Factoring 6,566 751 (23) 139 7,433 Lease financing 3,302 766 (153) 93 4,008 Insurance premium finance 2,637 (239) (365) 90 2,123 SBA/USDA 2,962 327 — — 3,289 Other commercial finance 3,089 223 — — 3,312 Commercial finance 46,980 6,140 (5,662) 1,090 48,548 Consumer finance 2,346 2,097 (63) — 4,380 Tax services 2 1,356 (1,145) 294 507 Warehouse finance 377 (27) — — 350 Total loans and leases 49,705 9,566 (6,870) 1,384 53,785 Unfunded commitments (1) 272 324 — — 596 Total $ 49,977 $ 9,890 $ (6,870) $ 1,384 $ 54,381 (1) Reserve for unfunded commitments is recognized within other liabilities on the Condensed Consolidated Statements of Financial Condition.
Impaired Loans and Leases	Information on loans and leases that are deemed to be collateral dependent and are evaluated individually for the ACL was as follows: (Dollars in thousands) At December 31, 2024 At September 30, 2024 Term lending $ 14,034 $ 15,491 Lease financing 1,302 5,300 SBA/USDA 680 1,419 Commercial finance (1) 16,016 22,210 Total $ 16,016 $ 22,210 (1) For commercial finance, collateral dependent financial assets have collateral in the form of cash, equipment, or other business assets. The following table provides the average recorded investment in nonaccrual loans and leases: Three Months Ended December 31, (Dollars in thousands) 2024 2023 Term lending $ 23,208 $ 17,419 Asset-based lending 591 9,711 Factoring 265 1,180 Lease financing 1,565 1,623 SBA/USDA 1,900 1,488 Commercial finance 27,529 31,421 Total loans and leases $ 27,529 $ 31,421
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 Year Revolving Loans and Leases Total At December 31, 2024 2025 2024 2023 2022 2021 Prior Term lending Pass $ 166,954 $ 579,028 $ 406,327 $ 108,421 $ 73,456 $ 58,759 $ — $ 1,392,945 Watch 16,193 29,618 35,022 26,480 21,118 12,300 — 140,731 Special mention 1,160 57,525 6,151 8,911 16,720 332 — 90,799 Substandard 8,110 9,337 31,501 22,152 14,933 20,498 — 106,531 Doubtful — 466 855 1,765 468 979 — 4,533 Total 192,417 675,974 479,856 167,729 126,695 92,868 — 1,735,539 Current period charge-offs 4,385 2,043 1,408 423 85 31 — 8,375 Asset-based lending Pass — — — — — — 372,119 372,119 Watch — — — — — — 213,107 213,107 Special mention — — — — — — 19,510 19,510 Substandard — — — — — — 3,525 3,525 Total — — — — — — 608,261 608,261 Current period charge-offs — — — — — — — — Factoring Pass — — — — — — 295,712 295,712 Watch — — — — — — 63,573 63,573 Special mention — — — — — — 1,620 1,620 Substandard — — — — — — 3,553 3,553 Doubtful — — — — — — 19 19 Total — — — — — — 364,477 364,477 Current period charge-offs — — — — — — 74 74 Lease financing Pass 8,349 41,145 40,805 10,546 7,156 7,854 — 115,855 Watch — 703 3,046 61 387 1,877 — 6,074 Special mention — — 235 253 — 177 — 665 Substandard — — 6,489 2,276 5,758 1,185 — 15,708 Doubtful — — — — 3 — — 3 Total 8,349 41,848 50,575 13,136 13,304 11,093 — 138,305 Current period charge-offs — — — 31 32 — — 63 Insurance premium finance Current period charge-offs 62 31 — — — — — 93 SBA/USDA Pass 10,265 83,724 169,125 175,510 20,514 65,396 — 524,534 Watch — 6,218 6,813 2,140 631 3,805 — 19,607 Special mention — — — — 156 361 — 517 Substandard — 795 16,859 12,031 1,984 19,369 — 51,038 Doubtful — — — 55 55 159 — 269 Total 10,265 90,737 192,797 189,736 23,340 89,090 — 595,965 Current period charge-offs — 171 — — 14 112 — 297 Other commercial finance Pass 369 71,724 2,180 144 12,234 67,632 — 154,283 Watch — — 2,466 — — — — 2,466 Substandard — — 493 — 16,855 — — 17,348 Total 369 71,724 5,139 144 29,089 67,632 — 174,097 Current period charge-offs — — — — — — — — Warehouse finance Pass — — — — — — 624,251 624,251 Total — — — — — — 624,251 624,251 Current period charge-offs — — — — — — — — Total loans and leases Pass 185,937 775,621 618,437 294,621 113,360 199,641 1,292,082 3,479,699 Watch 16,193 36,539 47,347 28,681 22,136 17,982 276,680 445,558 Special mention 1,160 57,525 6,386 9,164 16,876 870 21,130 113,111 Substandard 8,110 10,132 55,342 36,459 39,530 41,052 7,078 197,703 Doubtful — 466 855 1,820 526 1,138 19 4,824 Total $ 211,400 $ 880,283 $ 728,367 $ 370,745 $ 192,428 $ 260,683 $ 1,596,989 $ 4,240,895 Current period charge-offs $ 4,447 $ 2,245 $ 1,408 $ 454 $ 131 $ 143 $ 74 $ 8,902 Amortized Cost Basis (Dollars in thousands) Term Loans and Leases by Origination Year Revolving Loans and Leases Total At September 30, 2024 2024 2023 2022 2021 2020 Prior Term lending Pass $ 548,597 $ 398,832 $ 117,180 $ 77,585 $ 42,950 $ 24,166 $ — $ 1,209,310 Watch 47,765 52,317 34,964 31,025 2,720 2,312 — 171,103 Special mention 44,617 3,106 9,121 14,772 7,238 2 — 78,856 Substandard 9,798 24,187 18,537 11,660 18,894 2,631 — 85,707 Doubtful 4,314 1,465 2,247 758 114 767 — 9,665 Total 655,091 479,907 182,049 135,800 71,916 29,878 — 1,554,641 Current period charge-offs 114 3,102 8,502 3,576 2,184 715 — 18,193 Asset-based lending Pass — — — — — — 233,268 233,268 Watch — — — — — — 221,521 221,521 Special mention — — — — — — 13,187 13,187 Substandard — — — — — — 3,921 3,921 Total — — — — — — 471,897 471,897 Current period charge-offs — — — — — — — — Factoring Pass — — — — — — 292,436 292,436 Watch — — — — — — 62,270 62,270 Special mention — — — — — — 271 271 Substandard — — — — — — 7,306 7,306 Doubtful — — — — — — 12 12 Total — — — — — — 362,295 362,295 Current period charge-offs — — — — — — 2,453 2,453 Lease financing Pass 44,883 48,851 12,862 7,101 7,938 1,733 — 123,368 Watch 1,837 3,537 370 6,264 1,362 40 — 13,410 Special mention — 250 — — 174 — — 424 Substandard — 6,691 2,723 2,717 2,069 603 — 14,803 Doubtful — — — 138 31 — — 169 Total 46,720 59,329 15,955 16,220 11,574 2,376 — 152,174 Current period charge-offs — — — 207 80 — — 287 Insurance premium finance Current period charge-offs 86 890 173 — — — — 1,149 SBA/USDA Pass 60,636 171,136 179,490 20,825 28,588 39,319 — 499,994 Watch 5,244 6,967 — 639 10 3,026 — 15,886 Special mention — — — 156 — 363 — 519 Substandard 1,037 15,923 12,158 2,003 9,519 11,134 — 51,774 Doubtful — 185 55 55 62 98 — 455 Total 66,917 194,211 191,703 23,678 38,179 53,940 — 568,628 Current period charge-offs — 549 79 — 127 — — 755 Other commercial finance Pass 73,330 2,210 6,685 12,351 1,274 70,203 — 166,053 Watch — 2,480 — — — — — 2,480 Substandard — 508 — 16,923 — — — 17,431 Total 73,330 5,198 6,685 29,274 1,274 70,203 — 185,964 Current period charge-offs — — — — — — — — Warehouse finance Pass — — — — — — 517,847 517,847 Total — — — — — — 517,847 517,847 Current period charge-offs — — — — — — — — Total loans and leases Pass 727,446 621,029 316,217 117,862 80,750 135,421 1,043,551 3,042,276 Watch 54,846 65,301 35,334 37,928 4,092 5,378 283,791 486,670 Special mention 44,617 3,356 9,121 14,928 7,412 365 13,458 93,257 Substandard 10,835 47,309 33,418 33,303 30,482 14,368 11,227 180,942 Doubtful 4,314 1,650 2,302 951 207 865 12 10,301 Total $ 842,058 $ 738,645 $ 396,392 $ 204,972 $ 122,943 $ 156,397 $ 1,352,039 $ 3,813,446 Current period charge-offs $ 200 $ 4,541 $ 8,754 $ 3,783 $ 2,391 $ 715 $ 2,453 $ 22,837
Past Due Loans and Leases	Past due loans and leases were as follows: At December 31, 2024 Accruing and Nonaccruing Loans and Leases Nonperforming Loans and Leases (Dollars in thousands) 30-59 Days Past Due 60-89 Days Past Due > 89 Days Past Due Total Past Due Current Total Loans and Leases Receivable > 89 Days Past Due and Accruing Nonaccrual Balance Total Loans held for sale $ — $ — $ — $ — $ 72,648 $ 72,648 $ — $ — $ — Term lending 19,298 4,901 20,122 44,321 1,691,218 1,735,539 5,010 22,226 27,236 Asset-based lending — — — — 608,261 608,261 — 603 603 Factoring — — — — 364,477 364,477 — 561 561 Lease financing 4,278 3,878 1,440 9,596 128,709 138,305 59 2,038 2,097 SBA/USDA 1,504 187 1,983 3,674 592,291 595,965 486 1,803 2,289 Other commercial finance — — — — 174,097 174,097 — — — Commercial finance 25,080 8,966 23,545 57,591 3,559,053 3,616,644 5,555 27,231 32,786 Consumer finance 4,502 2,936 2,423 9,861 270,140 280,001 2,423 — 2,423 Tax services — — — — 45,051 45,051 — — — Warehouse finance — — — — 624,251 624,251 — — — Total loans and leases held for investment 29,582 11,902 25,968 67,452 4,498,495 4,565,947 7,978 27,231 35,209 Total loans and leases $ 29,582 $ 11,902 $ 25,968 $ 67,452 $ 4,571,143 $ 4,638,595 $ 7,978 $ 27,231 $ 35,209 At September 30, 2024 Accruing and Nonaccruing Loans and Leases Nonperforming Loans and Leases (Dollars in thousands) 30-59 Days Past Due 60-89 Days Past Due > 89 Days Past Due Total Past Due Current Total Loans and Leases Receivable > 89 Days Past Due and Accruing Nonaccrual Balance Total Loans held for sale $ 2,266 $ 1,361 $ 1,050 $ 4,677 $ 684,193 $ 688,870 $ 1,050 $ — $ 1,050 Term lending 19,776 5,124 17,694 42,594 1,512,047 1,554,641 1,923 23,462 25,385 Asset-based lending — — — — 471,897 471,897 — — — Factoring — — — — 362,295 362,295 — 29 29 Lease financing 3,605 1,595 109 5,309 146,865 152,174 60 746 806 SBA/USDA — 952 2,172 3,124 565,504 568,628 331 2,175 2,506 Other commercial finance — — — — 185,964 185,964 — — — Commercial finance 23,381 7,671 19,975 51,027 3,244,572 3,295,599 2,314 26,412 28,726 Consumer finance 3,962 3,186 3,053 10,201 238,599 248,800 3,053 — 3,053 Tax services — — 8,733 8,733 92 8,825 8,733 — 8,733 Warehouse finance — — — — 517,847 517,847 — — — Total loans and leases held for investment 27,343 10,857 31,761 69,961 4,001,110 4,071,071 14,100 26,412 40,512 Total loans and leases $ 29,609 $ 12,218 $ 32,811 $ 74,638 $ 4,685,303 $ 4,759,941 $ 15,150 $ 26,412 $ 41,562
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 Year Revolving Loans and Leases Total Nonaccrual with No ACL At December 31, 2024 2025 2024 2023 2022 2021 Prior Term lending $ — $ 5,456 $ 6,958 $ 4,703 $ 1,200 $ 3,909 $ — $ 22,226 $ 6,552 Asset-based lending — — — — — — 603 603 — Factoring — — — — — — 561 561 — Lease financing — — 533 — 1,323 182 — 2,038 — SBA/USDA — — 513 90 55 1,145 — 1,803 — Commercial finance — 5,456 8,004 4,793 2,578 5,236 1,164 27,231 6,552 Total nonaccrual loans and leases $ — $ 5,456 $ 8,004 $ 4,793 $ 2,578 $ 5,236 $ 1,164 $ 27,231 $ 6,552 Amortized Cost Basis (Dollars in thousands) Term Loans and Leases by Origination Year Revolving Loans and Leases Total Nonaccrual with No ACL At September 30, 2024 2024 2023 2022 2021 2020 Prior Term lending $ 9,281 $ 3,433 $ 5,369 $ 1,386 $ 625 $ 3,368 $ — $ 23,462 $ 2,579 Factoring — — — — — — 29 29 — Lease financing — 577 11 46 2 110 — 746 — SBA/USDA — 738 55 55 742 585 — 2,175 681 Commercial finance 9,281 4,748 5,435 1,487 1,369 4,063 29 26,412 3,260 Total nonaccrual loans and leases $ 9,281 $ 4,748 $ 5,435 $ 1,487 $ 1,369 $ 4,063 $ 29 $ 26,412 $ 3,260 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 Year Revolving Loans and Leases Total At December 31, 2024 2025 2024 2023 2022 2021 Prior Term lending $ — $ — $ — $ 560 $ 4,448 $ 2 $ — $ 5,010 Lease financing — 55 1 — 1 2 — 59 SBA/USDA — — — 330 156 — — 486 Commercial finance — 55 1 890 4,605 4 — 5,555 Consumer finance — 976 1,235 190 22 — — 2,423 Total loans and leases held for investment — 1,031 1,236 1,080 4,627 4 — 7,978 Total 90 days or more delinquent and accruing $ — $ 1,031 $ 1,236 $ 1,080 $ 4,627 $ 4 $ — $ 7,978 Amortized Cost Basis (Dollars in thousands) Term Loans and Leases by Origination Year Revolving Loans and Leases Total At September 30, 2024 2024 2023 2022 2021 2020 Prior Loans held for sale $ 1,031 $ 19 $ — $ — $ — $ — $ — $ 1,050 Term lending — 621 354 719 217 12 — 1,923 Lease financing — — — 2 58 — — 60 SBA/USDA — — 331 — — — — 331 Commercial finance — 621 685 721 275 12 — 2,314 Consumer finance 736 1,841 388 88 — — — 3,053 Tax services 8,733 — — — — — — 8,733 Total loans and leases held for investment 9,469 2,462 1,073 809 275 12 — 14,100 Total 90 days or more delinquent and accruing $ 10,500 $ 2,481 $ 1,073 $ 809 $ 275 $ 12 $ — $ 15,150

EARNINGS PER COMMON SHARE ("E_2

EARNINGS PER COMMON SHARE ("EPS") (Tables)	3 Months Ended
	Dec. 31, 2024
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 December 31, (Dollars in thousands, except per share data) 2024 2023 Basic income per common share: Net income attributable to Pathward Financial, Inc. $ 31,427 $ 27,657 Dividends and undistributed earnings allocated to participating securities (130) (220) Basic net earnings available to common stockholders 31,297 27,437 Undistributed earnings allocated to nonvested restricted stockholders 125 210 Reallocation of undistributed earnings to nonvested restricted stockholders (125) (210) Diluted net earnings available to common stockholders $ 31,297 $ 27,437 Total weighted-average basic common shares outstanding 24,221,697 25,776,845 Effect of dilutive securities (1) PSUs 58,674 24,693 Total effect of dilutive securities 58,674 24,693 Total weighted-average diluted common shares outstanding 24,280,371 25,801,538 Net earnings per common share: Basic earnings per common share $ 1.29 $ 1.06 Diluted earnings per common share (2) $ 1.29 $ 1.06 (1) Represents the effect of the assumed vesting of PSUs 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 December 31, 2024 and 2023, respectively, were 100,406 and 207,074 weighted average shares of nonvested restricted stock because their inclusion would be anti-dilutive.

RENTAL EQUIPMENT, NET (Tables)

RENTAL EQUIPMENT, NET (Tables)	3 Months Ended
	Dec. 31, 2024
Property, Plant and Equipment [Abstract]
Schedule of Rental Equipment	Rental equipment consists of the following: (Dollars in thousands) December 31, 2024 September 30, 2024 Computers and IT networking equipment $ 18,219 $ 21,308 Motor vehicles and other 148,940 140,920 Other furniture and equipment 37,195 38,755 Solar panels and equipment 129,821 128,296 Total 334,175 329,279 Accumulated depreciation (128,425) (124,987) Unamortized initial direct costs 1,004 1,047 Net book value $ 206,754 $ 205,339
Schedule of Future Minimum Rental Payments for Operating Leases	Future minimum lease payments expected to be received for operating leases at December 31, 2024 were as follows: (Dollars in thousands) Remaining in 2025 $ 31,957 2026 34,726 2027 26,540 2028 17,823 2029 12,010 Thereafter 6,178 Total $ 129,234 Undiscounted future minimum operating lease payments and a reconciliation to the amount recorded as operating lease liabilities at December 31, 2024 were as follows: (Dollars in thousands) Remaining in 2025 $ 2,535 2026 3,048 2027 2,856 2028 2,816 2029 2,841 Thereafter 12,703 Total undiscounted future minimum lease payments 26,799 Discount (3,049) Total operating lease liabilities $ 23,750

GOODWILL AND INTANGIBLE ASSETS

GOODWILL AND INTANGIBLE ASSETS (Tables)	3 Months Ended
	Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill	The changes in the carrying amount of the Company's goodwill were as follows: (Dollars in thousands) Consumer Commercial Corporate Services/Other Total At September 30, 2024 $ 87,145 $ 222,360 $ — $ 309,505 Divestiture — (11,577) — (11,577) At December 31, 2024 $ 87,145 $ 210,783 $ — $ 297,928 At September 30, 2023 $ 87,145 $ 222,360 $ — $ 309,505 At December 31, 2023 $ 87,145 $ 222,360 $ — $ 309,505
Schedule of Finite-Lived Intangible Assets	The changes in the carrying amount of the Company’s intangible assets during the three months ended December 31, 2024 include certain intangibles disposed of as part of the commercial insurance premium finance business sale. The relevant intangibles were included in the carrying amount of the disposed business. See Note 3. Divestitures to the Condensed Consolidated Financial Statements for further information. (Dollars in thousands) Trademark (1) Non-Compete Customer Relationships (2) All Others (3) Total At September 30, 2024 $ 6,422 $ — $ 6,566 $ 3,601 $ 16,589 Amortization during the period (269) — (411) (132) (812) Write-offs and disposals during the period — — (631) — (631) At December 31, 2024 $ 6,153 $ — $ 5,524 $ 3,469 $ 15,146 Gross carrying amount $ 13,774 $ 301 $ 70,338 $ 7,732 $ 92,145 Accumulated amortization (7,621) (301) (53,896) (4,110) (65,928) Accumulated impairment — — (10,918) (153) (11,071) At December 31, 2024 $ 6,153 $ — $ 5,524 $ 3,469 $ 15,146 At September 30, 2023 $ 7,477 $ — $ 9,110 $ 4,133 $ 20,720 Amortization during the period (264) — (587) (133) (984) At December 31, 2023 $ 7,213 $ — $ 8,523 $ 4,000 $ 19,736 Gross carrying amount $ 13,774 $ 301 $ 77,578 $ 7,798 $ 99,451 Accumulated amortization (6,561) (301) (58,137) (3,579) (68,578) Accumulated impairment — — (10,918) (219) (11,137) At December 31, 2023 $ 7,213 $ — $ 8,523 $ 4,000 $ 19,736 (1) Book amortization period of 5-15 years. Amortized using the straight line and accelerated methods. (2) Book amortization period of 10-30 years. Amortized using the accelerated method. (3) 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 nine months of fiscal 2025 and subsequent fiscal years at December 31, 2024 was as follows: (Dollars in thousands) Remaining in 2025 $ 2,620 2026 3,109 2027 2,489 2028 2,200 2029 1,585 Thereafter 3,143 Total anticipated intangible amortization $ 15,146

OPERATING LEASE RIGHT-OF-USE _2

OPERATING LEASE RIGHT-OF-USE ASSETS AND LIABILITIES (Tables)	3 Months Ended
	Dec. 31, 2024
Leases [Abstract]
Schedule of Future Minimum Rental Payments for Operating Leases	Future minimum lease payments expected to be received for operating leases at December 31, 2024 were as follows: (Dollars in thousands) Remaining in 2025 $ 31,957 2026 34,726 2027 26,540 2028 17,823 2029 12,010 Thereafter 6,178 Total $ 129,234 Undiscounted future minimum operating lease payments and a reconciliation to the amount recorded as operating lease liabilities at December 31, 2024 were as follows: (Dollars in thousands) Remaining in 2025 $ 2,535 2026 3,048 2027 2,856 2028 2,816 2029 2,841 Thereafter 12,703 Total undiscounted future minimum lease payments 26,799 Discount (3,049) Total operating lease liabilities $ 23,750
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: December 31, 2024 September 30, 2024 Weighted-average discount rate 2.50 % 2.45 % Weighted-average remaining lease term (years) 8.91 8.78 The components of total lease costs for operating leases were as follows: Three Months Ended December 31, (Dollars in thousands) 2024 2023 Lease expense $ 919 $ 1,025 Short-term and variable lease cost 21 (7) Sublease income (352) (370) Total lease cost for operating leases $ 588 $ 648

STOCK COMPENSATION (Tables)

STOCK COMPENSATION (Tables)	3 Months Ended
	Dec. 31, 2024
Share-Based Payment Arrangement [Abstract]
Schedule of Nonvested Share Activity	The following tables show the activity of share awards (including shares of restricted stock subject to vesting, fully-vested restricted stock, and PSUs) granted, exercised or forfeited under all of the Company's incentive plans during the three months ended December 31, 2024. Number of Shares Weighted Average Fair Value at Grant Restricted Stock Awards Nonvested shares outstanding, September 30, 2024 248,670 $ 41.19 Granted — — Vested (164,069) 37.80 Forfeited or expired (782) 50.15 Nonvested shares outstanding, December 31, 2024 83,819 $ 47.75 Restricted Stock Units Nonvested shares outstanding, September 30, 2024 — $ — Granted 84,038 79.66 Vested — — Forfeited or expired — — Nonvested shares outstanding, December 31, 2024 84,038 $ 79.66 Number of Units Weighted Average Fair Value at Grant PSUs outstanding, September 30, 2024 142,462 $ 47.24 Granted 33,136 79.63 Vested (34,304) 57.21 Forfeited or expired — — PSUs outstanding, December 31, 2024 141,294 $ 52.42

INCOME TAXES (Tables)

INCOME TAXES (Tables)	3 Months Ended
	Dec. 31, 2024
Income Tax Disclosure [Abstract]
Schedule of Effective Income Tax Rate Reconciliation	The table below compares the income tax expense components for the periods presented. Three Months Ended December 31, (Dollars in thousands) 2024 2023 Provision at statutory rate $ 7,921 $ 7,009 Tax-exempt income (168) (174) State income taxes 1,243 1,228 Interim period effective rate adjustment 1,659 2,806 Tax credit investments, net - federal (3,167) (4,377) IRC 162(m) nondeductible compensation 55 (280) Other, net (1,249) (493) Income tax expense $ 6,294 $ 5,719 Effective tax rate 16.60 % 17.00 %

REVENUE FROM CONTRACTS WITH C_2

REVENUE FROM CONTRACTS WITH CUSTOMERS (Tables)	3 Months Ended
	Dec. 31, 2024
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 14. Segment Reporting to the Condensed Consolidated Financial Statements. (Dollars in thousands) Consumer Commercial Corporate Services/Other Consolidated Company Three Months Ended December 31, 2024 2023 2024 2023 2024 2023 2024 2023 Net interest income (1) $ 69,127 $ 59,356 $ 46,111 $ 45,881 $ 895 $ 4,799 $ 116,133 $ 110,036 Noninterest income: Refund transfer product fees 410 422 — — — — 410 422 Refund advance fee income (1) 459 111 — — — — 459 111 Card and deposit fees 28,828 30,507 232 236 6 7 29,066 30,750 Rental income (1) — — 13,508 13,235 200 224 13,708 13,459 (Loss) on sale of securities (1) — — — — (15,671) — (15,671) — Gain on divestitures (1) — — — — 16,404 — 16,404 — Gain (loss) on sale of loans and leases (1) 40 (31) 4,338 — — — 4,378 (31) Gain on sale of other (1) — — 531 362 456 2,509 987 2,871 Other income (1) 3,864 1,778 2,630 2,166 1,143 1,235 7,637 5,179 Total noninterest income 33,601 32,787 21,239 15,999 2,538 3,975 57,378 52,761 Revenue $ 102,728 $ 92,143 $ 67,350 $ 61,880 $ 3,433 $ 8,774 $ 173,511 $ 162,797 (1) These revenues are not within the scope of Topic 606. Additional details are included in other footnotes to the accompanying financial statements. The scope of Topic 606 explicitly excludes net interest income as well as many other revenues for financial assets and liabilities, including loans, leases, and securities.

SEGMENT REPORTING (Tables)

SEGMENT REPORTING (Tables)	3 Months Ended
	Dec. 31, 2024
Segment Reporting [Abstract]
Segment Information of Entity	The following table presents segment data for the Company: (Dollars in thousands) Consumer Commercial Corporate Services/Other Total Three Months Ended December 31, 2024 2023 2024 2023 2024 2023 2024 2023 Net interest income $ 69,127 $ 59,356 $ 46,111 $ 45,881 $ 895 $ 4,799 $ 116,133 $ 110,036 Provision for (reversal of) credit loss 4,095 3,454 7,831 6,463 106 (27) 12,032 9,890 Noninterest income 33,601 32,787 21,239 15,999 2,538 3,975 57,378 52,761 Noninterest expense 49,142 50,013 32,765 34,856 41,652 34,405 123,559 119,274 Income (loss) before income tax expense 49,491 38,676 26,754 20,561 (38,325) (25,604) 37,920 33,633 Total assets 535,134 563,706 4,086,116 4,206,522 3,001,092 3,157,209 7,622,342 7,927,437 Total goodwill 87,145 87,145 210,783 222,360 — — 297,928 309,505 Total deposits 6,305,236 6,587,052 1,439 3,669 212,278 345,334 6,518,953 6,936,055

FAIR VALUE OF FINANCIAL INSTR_2

FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)	3 Months Ended
	Dec. 31, 2024
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 AFS and equity securities as they are measured at fair value on a recurring basis. At December 31, 2024 (Dollars in thousands) Total Level 1 Level 2 Level 3 Debt securities AFS Corporate securities $ 21,000 $ — $ 21,000 $ — SBA securities 30,529 — 30,529 — Obligations of states and political subdivisions 200 — 200 — Non-bank qualified obligations of states and political subdivisions 200,725 — 200,725 — Asset-backed securities 180,930 — 180,930 — Mortgage-backed securities 1,046,706 — 1,046,706 — Total debt securities AFS $ 1,480,090 $ — $ 1,480,090 $ — Common equities and mutual funds (1) $ 3,563 $ 3,563 $ — $ — Non-marketable equity securities (2) $ 11,870 $ — $ — $ — (1) Equity securities at fair value are included within other assets on the Condensed Consolidated Statements of Financial Condition at December 31, 2024. (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. At September 30, 2024 (Dollars in thousands) Total Level 1 Level 2 Level 3 Debt securities AFS Corporate securities $ 19,750 $ — $ 19,750 $ — SBA securities 81,935 — 81,935 — Obligations of states and political subdivisions 480 — 480 — Non-bank qualified obligations of states and political subdivisions 217,990 — 217,990 — Asset-backed securities 189,698 — 189,698 — Mortgage-backed securities 1,231,368 — 1,231,368 — Total debt securities AFS $ 1,741,221 $ — $ 1,741,221 $ — Common equities and mutual funds (1) $ 3,303 $ 3,303 $ — $ — Non-marketable equity securities (2) $ 11,828 $ — $ — $ — (1) Equity securities at fair value are included within other assets on the Consolidated Statements of Financial Condition at September 30, 2024. (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 tables summarize the assets of the Company that are measured at fair value in the Condensed Consolidated Statements of Financial Condition on a nonrecurring basis: At December 31, 2024 (Dollars in thousands) Total Level 1 Level 2 Level 3 Loans and leases, net individually evaluated for credit loss Commercial finance $ 4,751 $ — $ — $ 4,751 Total loans and leases, net individually evaluated for credit loss 4,751 — — 4,751 Total $ 4,751 $ — $ — $ 4,751 At September 30, 2024 (Dollars in thousands) Total Level 1 Level 2 Level 3 Loans and leases, net individually evaluated for credit loss Commercial finance $ 7,652 $ — $ — $ 7,652 Total loans and leases, net individually evaluated for credit loss 7,652 — — 7,652 Total $ 7,652 $ — $ — $ 7,652
Quantitative Information about Level 3 Fair Value Measurements	Quantitative Information About Level 3 Fair Value Measurements (Dollars in thousands) Fair Value at December 31, 2024 Fair Value at September 30, 2024 Valuation Unobservable Input Range of Inputs Loans and leases, net individually evaluated for credit loss $ 4,751 $ 7,652 Market approach Appraised values (1) 3% - 45% (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 3% to 45%.
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: At December 31, 2024 (Dollars in thousands) Carrying Estimated Level 1 Level 2 Level 3 Financial assets Cash and cash equivalents $ 597,396 $ 597,396 $ 597,396 $ — $ — Debt securities available for sale 1,480,090 1,480,090 — 1,480,090 — Debt securities held to maturity 32,001 27,431 — 27,431 — Common equities and mutual funds (1) 3,563 3,563 3,563 — — Non-marketable equity securities (1)(2) 21,569 21,569 — 9,699 — Loans held for sale 72,648 72,648 — 72,648 — Loans and leases 4,565,947 4,501,798 — — 4,501,798 Federal Reserve Bank and Federal Home Loan Bank stocks 24,454 24,454 — 24,454 — Accrued interest receivable 35,279 35,279 35,279 — — Financial liabilities Deposits 6,518,953 6,518,852 6,514,740 4,112 — Other short- and long-term borrowings 33,380 32,332 — 32,332 — Accrued interest payable 771 771 771 — — (1) Equity securities at fair value are included within other assets on the Condensed Consolidated Statements of Financial Condition at December 31, 2024. (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. At September 30, 2024 (Dollars in thousands) Carrying Estimated Level 1 Level 2 Level 3 Financial assets Cash and cash equivalents $ 158,337 $ 158,337 $ 158,337 $ — $ — Debt securities available for sale 1,741,221 1,741,221 — 1,741,221 — Debt securities held to maturity 33,092 30,236 — 30,236 — Common equities and mutual funds (1) 3,303 3,303 3,303 — — Non-marketable equity securities (1)(2) 21,350 21,350 — 9,522 — Loans held for sale 688,870 688,870 — 688,870 — Loans and leases 4,071,071 4,036,490 — — 4,036,490 Federal Reserve Bank and Federal Home Loan Bank stocks 36,014 36,014 — 36,014 — Accrued interest receivable 31,385 31,385 31,385 — — Financial liabilities Deposits 5,875,085 5,874,994 5,845,879 29,115 — Overnight federal funds purchased 377,000 377,000 377,000 — — Other short- and long-term borrowings 33,354 31,787 — 31,787 — Accrued interest payable 571 571 571 — — (1) Equity securities at fair value are included within other assets on the Consolidated Statements of Financial Condition at September 30, 2024. (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.

DIVESTITURES - Narrative (Detai

DIVESTITURES - Narrative (Details) - USD ($) $ in Thousands		3 Months Ended
	Oct. 31, 2024	Dec. 31, 2024	Dec. 31, 2023
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Gain on divestitures		$ 16,404	$ 0
Disposal Group, Disposed of by Sale, Not Discontinued Operations | Commercial Insurance Premium Finance Business
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Premium on transaction	$ 31,200
Gain on divestitures	$ 16,404

DIVESTITURES - Schedule of Disc

DIVESTITURES - Schedule of Discontinued Operations (Details) - USD ($) $ in Thousands		3 Months Ended
	Oct. 31, 2024	Dec. 31, 2024	Dec. 31, 2023
Disposal Group, Including Discontinued Operation, Balance Sheet Disclosures [Abstract]
Net realized (gain) on divestitures		$ (16,404)	$ 0
Gain on divestitures		$ 16,404	$ 0
Disposal Group, Disposed of by Sale, Not Discontinued Operations | Commercial Insurance Premium Finance Business
Disposal Group, Including Discontinued Operation, Balance Sheet Disclosures [Abstract]
Cash and cash equivalents	$ 4,686
Loans	594,541
Premises, furniture, and equipment, net	484
Total assets purchased	599,711
Deposits	16,760
Accrued expenses and other liabilities	1,158
Total liabilities assumed	17,918
Net assets purchased	581,793
Consideration paid at close	603,290
Consideration due	9,703
Total purchase price	612,993
Premium on transaction	31,200
Goodwill derecognition	(11,577)
Intangible derecognition	(631)
Net realized (gain) on divestitures	471
Transaction costs	(3,059)
Total other adjustments	(14,796)
Gain on divestitures	$ 16,404

SECURITIES - Available for Sale

SECURITIES - Available for Sale (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Sep. 30, 2024
Available-for-sale debt securities [Abstract]
Amortized Cost	$ 1,729,835	$ 1,944,298
Fair Value	1,480,090	1,741,221
Amortized Cost
Due in one year or less	200	1,826
Due after one year through five years	6,592	14,772
Due after five years through ten years	45,866	70,894
Due after ten years	426,825	463,257
Total	479,483	550,749
Mortgage-backed securities	1,250,352	1,393,549
Fair Value
Due in one year or less	199	1,796
Due after one year through five years	6,372	14,211
Due after five years through ten years	39,595	63,636
Due after ten years	387,218	430,210
Total	433,384	509,853
Mortgage-backed securities	1,046,706	1,231,368
Corporate securities
Available-for-sale debt securities [Abstract]
Amortized Cost	25,000	25,000
Gross Unrealized Gains	0	0
Gross Unrealized (Losses)	(4,000)	(5,250)
Fair Value	21,000	19,750
LESS THAN 12 MONTHS, Fair Value	0	0
LESS THAN 12 MONTHS, Gross Unrealized (Losses)	0	0
OVER 12 MONTHS, Fair Value	21,000	19,750
OVER 12 MONTHS, Gross Unrealized (Losses)	(4,000)	(5,250)
TOTAL, Fair Value	21,000	19,750
TOTAL, Gross Unrealized (Losses)	(4,000)	(5,250)
SBA securities
Available-for-sale debt securities [Abstract]
Amortized Cost	34,501	86,036
Gross Unrealized Gains	0	0
Gross Unrealized (Losses)	(3,972)	(4,101)
Fair Value	30,529	81,935
LESS THAN 12 MONTHS, Fair Value	0	0
LESS THAN 12 MONTHS, Gross Unrealized (Losses)	0	0
OVER 12 MONTHS, Fair Value	30,528	81,935
OVER 12 MONTHS, Gross Unrealized (Losses)	(3,972)	(4,101)
TOTAL, Fair Value	30,528	81,935
TOTAL, Gross Unrealized (Losses)	(3,972)	(4,101)
Obligations of states and political subdivisions
Available-for-sale debt securities [Abstract]
Amortized Cost	200	501
Gross Unrealized Gains	0	0
Gross Unrealized (Losses)	0	(21)
Fair Value	200	480
LESS THAN 12 MONTHS, Fair Value		0
LESS THAN 12 MONTHS, Gross Unrealized (Losses)		0
OVER 12 MONTHS, Fair Value		280
OVER 12 MONTHS, Gross Unrealized (Losses)		(21)
TOTAL, Fair Value		280
TOTAL, Gross Unrealized (Losses)		(21)
Non-bank qualified obligations of states and political subdivisions
Available-for-sale debt securities [Abstract]
Amortized Cost	235,137	246,233
Gross Unrealized Gains	24	44
Gross Unrealized (Losses)	(34,436)	(28,287)
Fair Value	200,725	217,990
LESS THAN 12 MONTHS, Fair Value	0	0
LESS THAN 12 MONTHS, Gross Unrealized (Losses)	0	0
OVER 12 MONTHS, Fair Value	198,747	215,956
OVER 12 MONTHS, Gross Unrealized (Losses)	(34,436)	(28,287)
TOTAL, Fair Value	198,747	215,956
TOTAL, Gross Unrealized (Losses)	(34,436)	(28,287)
Asset-backed securities
Available-for-sale debt securities [Abstract]
Amortized Cost	184,645	192,979
Gross Unrealized Gains	322	337
Gross Unrealized (Losses)	(4,037)	(3,618)
Fair Value	180,930	189,698
LESS THAN 12 MONTHS, Fair Value	48,261	52,101
LESS THAN 12 MONTHS, Gross Unrealized (Losses)	(280)	(176)
OVER 12 MONTHS, Fair Value	84,879	88,576
OVER 12 MONTHS, Gross Unrealized (Losses)	(3,757)	(3,442)
TOTAL, Fair Value	133,140	140,677
TOTAL, Gross Unrealized (Losses)	(4,037)	(3,618)
Mortgage-backed securities
Available-for-sale debt securities [Abstract]
Amortized Cost	1,250,352	1,393,549
Gross Unrealized Gains	0	84
Gross Unrealized (Losses)	(203,646)	(162,265)
Fair Value	1,046,706	1,231,368
LESS THAN 12 MONTHS, Fair Value	15,390	2,377
LESS THAN 12 MONTHS, Gross Unrealized (Losses)	(249)	(15)
OVER 12 MONTHS, Fair Value	1,031,316	1,215,781
OVER 12 MONTHS, Gross Unrealized (Losses)	(203,397)	(162,250)
TOTAL, Fair Value	1,046,706	1,218,158
TOTAL, Gross Unrealized (Losses)	(203,646)	(162,265)
Total debt securities AFS
Available-for-sale debt securities [Abstract]
Amortized Cost	1,729,835	1,944,298
Gross Unrealized Gains	346	465
Gross Unrealized (Losses)	(250,091)	(203,542)
Fair Value	1,480,090	1,741,221
LESS THAN 12 MONTHS, Fair Value	63,651	54,478
LESS THAN 12 MONTHS, Gross Unrealized (Losses)	(529)	(191)
OVER 12 MONTHS, Fair Value	1,366,470	1,622,278
OVER 12 MONTHS, Gross Unrealized (Losses)	(249,562)	(203,351)
TOTAL, Fair Value	1,430,121	1,676,756
TOTAL, Gross Unrealized (Losses)	$ (250,091)	$ (203,542)

SECURITIES - Narrative (Details

SECURITIES - Narrative (Details) $ in Thousands	3 Months Ended
	Dec. 31, 2024 USD ($) security	Dec. 31, 2023 USD ($)	Sep. 30, 2024 USD ($)
Debt Securities, Available-for-sale [Line Items]
Proceeds from sales of securities available for sale	$ 160,135	$ 0
AFS number of securities in an unrealized loss position (in securities) | security	163
Federal reserve bank stock	$ 19,700		$ 19,700
Federal home loan bank stock	4,800		16,300
Marketable
Debt Securities, Available-for-sale [Line Items]
Equity securities	3,600		3,300
Unrealized gain (loss)	(100)	100
Non-marketable
Debt Securities, Available-for-sale [Line Items]
Equity securities	11,900		11,800
Unrealized gain (loss)	300	$ 300
Equity securities without readily determinable fair value, amount	14,100		$ 13,600
Realized gain on equity securities	$ 400
Number of equity securities sold | security	0

SECURITIES - Held to Maturity (

SECURITIES - Held to Maturity (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Sep. 30, 2024
Debt Securities, Held-to-maturity, Fair Value to Amortized Cost [Abstract]
Amortized Cost	$ 32,001	$ 33,092
Gross Unrealized Gains	0	0
Gross Unrealized (Losses)	(4,570)	(2,856)
Fair Value	27,431	30,236
Debt Securities, Held-to-maturity, Continuous Unrealized Loss Position [Abstract]
LESS THAN 12 MONTHS, Fair Value	0	0
LESS THAN 12 MONTHS, Gross Unrealized (Losses)	0	0
OVER 12 MONTHS, Fair Value	27,431	30,236
OVER 12 MONTHS, Gross Unrealized (Losses)	(4,570)	(2,856)
TOTAL, Fair Value	27,431	30,236
TOTAL, Gross Unrealized (Losses)	(4,570)	(2,856)
Amortized Cost
Due after ten years	29,992	31,060
Total	29,992	31,060
Mortgage-backed securities	2,009	2,032
Fair Value
Due after ten years	25,695	28,392
Total	25,695	28,392
Mortgage-backed securities	1,736	1,844
Non-bank qualified obligations of states and political subdivisions
Debt Securities, Held-to-maturity, Fair Value to Amortized Cost [Abstract]
Amortized Cost	29,992	31,060
Gross Unrealized Gains	0	0
Gross Unrealized (Losses)	(4,297)	(2,668)
Fair Value	25,695	28,392
Debt Securities, Held-to-maturity, Continuous Unrealized Loss Position [Abstract]
LESS THAN 12 MONTHS, Fair Value	0	0
LESS THAN 12 MONTHS, Gross Unrealized (Losses)	0	0
OVER 12 MONTHS, Fair Value	25,695	28,392
OVER 12 MONTHS, Gross Unrealized (Losses)	(4,297)	(2,668)
TOTAL, Fair Value	25,695	28,392
TOTAL, Gross Unrealized (Losses)	(4,297)	(2,668)
Mortgage-backed securities
Debt Securities, Held-to-maturity, Fair Value to Amortized Cost [Abstract]
Amortized Cost	2,009	2,032
Gross Unrealized Gains	0	0
Gross Unrealized (Losses)	(273)	(188)
Fair Value	1,736	1,844
Debt Securities, Held-to-maturity, Continuous Unrealized Loss Position [Abstract]
LESS THAN 12 MONTHS, Fair Value	0	0
LESS THAN 12 MONTHS, Gross Unrealized (Losses)	0	0
OVER 12 MONTHS, Fair Value	1,736	1,844
OVER 12 MONTHS, Gross Unrealized (Losses)	(273)	(188)
TOTAL, Fair Value	1,736	1,844
TOTAL, Gross Unrealized (Losses)	$ (273)	$ (188)

LOANS AND LEASES, NET - Summary

LOANS AND LEASES, NET - Summary of Loans (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Sep. 30, 2024	Dec. 31, 2023	Sep. 30, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	$ 4,565,947	$ 4,071,071
Net deferred loan origination costs (fees)	(3,266)	4,124
Total gross loans and leases	4,562,681	4,075,195
Allowance for credit losses	(48,977)	(45,336)
Total loans and leases, net	4,513,704	4,029,859
National Lending | Term lending
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	1,735,539	1,554,641
Allowance for credit losses	(29,925)	(30,394)	$ (27,013)	$ (25,686)
National Lending | Asset-based lending
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	608,261	471,897
Allowance for credit losses	(1,762)	(1,356)	(1,370)	(2,738)
National Lending | Factoring
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	364,477	362,295
Allowance for credit losses	(5,765)	(5,757)	(7,433)	(6,566)
National Lending | Lease financing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	138,305	152,174
Allowance for credit losses	(881)	(1,189)	(4,008)	(3,302)
National Lending | SBA/USDA
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	595,965	568,628
Allowance for credit losses	(3,807)	(3,273)	(3,289)	(2,962)
National Lending | Other commercial finance
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	174,097	185,964
Allowance for credit losses	(421)	(607)	(3,312)	(3,089)
National Lending | Commercial finance
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	3,616,644	3,295,599
Allowance for credit losses	(42,561)	(42,576)	(48,548)	(46,980)
National Lending | Consumer finance
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	280,001	248,800
Allowance for credit losses	(5,001)	(2,240)	(4,380)	(2,346)
National Lending | Tax services
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	45,051	8,825
Allowance for credit losses	(790)	(2)	(507)	(2)
National Lending | Warehouse finance
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	624,251	517,847
Allowance for credit losses	$ (625)	$ (518)	$ (350)	$ (377)

LOANS AND LEASES, NET - Additio

LOANS AND LEASES, NET - Additional Information (Details) - USD ($)	3 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Sep. 30, 2024
Accounts, Notes, Loans and Financing Receivable [Line Items]
Originated loans held for sale	$ 853,109,000	$ 631,905,000
Transaction costs	618,400,000	626,300,000
Gain (loss) on sale of loans and leases	4,378,000	(31,000)
Loans and leases	4,562,681,000		$ 4,075,195,000
Pass
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases	3,479,699,000		3,042,276,000
Pass | Asset Pledged as Collateral
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases	116,400,000		105,100,000
Consumer finance portfolio segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases	280,000,000		248,800,000
Tax services loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases	45,100,000		$ 8,800,000
National Lending | Commercial Finance and Consumer Finance
Accounts, Notes, Loans and Financing Receivable [Line Items]
Originated loans held for sale	853,100,000	631,900,000
National Lending | Commercial finance
Accounts, Notes, Loans and Financing Receivable [Line Items]
TDRs subsequent default, recorded investment	1,400,000	$ 0
National Lending | Commercial finance | Term Extensions and Reduced Payments
Accounts, Notes, Loans and Financing Receivable [Line Items]
TDRs subsequent default, recorded investment	$ 3,300,000

LOANS AND LEASES, NET - Schedul

LOANS AND LEASES, NET - Schedule of Loans Purchased and Sold, by Portfolio Segment (Details) - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans Purchased, Loans held for investment	$ 139,359	$ 89,390
Loans Sold, Loans held for sale	618,432	626,336
Loans Sold, Total sales	618,432	626,336
National Lending | Commercial finance
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans Purchased, Loans held for investment	19,540	0
Loans Sold, Loans held for sale	65,802	3,872
National Lending | Warehouse finance
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans Purchased, Loans held for investment	119,819	89,390
National Lending | Consumer finance
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans Sold, Loans held for sale	$ 552,630	$ 622,464

LOANS AND LEASES, NET - Direct

LOANS AND LEASES, NET - Direct Financing and Sales-type Leases, and Lease Receivable Maturity (Details) - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Sep. 30, 2024
Net Investment in Lease [Abstract]
Minimum lease payments receivable	$ 147,969		$ 162,757
Unguaranteed residual assets	8,097		9,300
Unamortized initial direct costs	129		102
Unearned income	(17,726)		(19,883)
Total net investment in direct financing and sales-type leases	138,469		$ 152,276
Interest income - loans and leases
Interest income on net investments in direct financing and sales-type leases	3,187	$ 3,108
Lease income from operating lease payments	13,448	13,255
Other	1,307	724
Total leasing and equipment finance noninterest income	14,755	13,979
Total lease income	17,942	$ 17,087
Sales-type and Direct Financing Leases, Lease Receivable, Fiscal Year Maturity [Abstract]
Remaining in 2025	43,987
2026	42,905
2027	28,342
2028	16,599
2029	10,401
Thereafter	5,735
Total undiscounted future minimum lease payments receivable for direct financing and sales-type leases	147,969
Third-party residual value guarantees	0
Total carrying amount of direct financing and sales-type leases	$ 147,969

LOANS AND LEASES, NET - Allowan

LOANS AND LEASES, NET - Allowance for Loan Losses and Recorded Investment in Loans (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Sep. 30, 2024
Allowance for Credit Losses [Roll Forward]
Beginning Balance	$ 45,336
Provision (Reversal)	12,032	$ 9,890
Ending Balance	48,977		$ 45,336
Total Committed Loans
Allowance for Credit Losses [Roll Forward]
Beginning Balance	45,336	49,705	49,705
Provision (Reversal)	12,214	9,566
Charge-offs	(9,676)	(6,870)
Recoveries	1,103	1,384
Ending Balance	48,977	53,785	45,336
Unfunded commitments
Allowance for Credit Losses [Roll Forward]
Beginning Balance	695	272	272
Provision (Reversal)	(182)	324
Charge-offs	0	0
Recoveries	0	0
Ending Balance	513	596	695
Total Loans
Allowance for Credit Losses [Roll Forward]
Beginning Balance	46,031	49,977	49,977
Provision (Reversal)	12,032	9,890
Charge-offs	(9,676)	(6,870)
Recoveries	1,103	1,384
Ending Balance	49,490	54,381	46,031
National Lending | Term lending
Allowance for Credit Losses [Roll Forward]
Beginning Balance	30,394	25,686	25,686
Provision (Reversal)	7,289	5,822
Charge-offs	(8,375)	(5,121)
Recoveries	617	626
Ending Balance	29,925	27,013	30,394
National Lending | Asset-based lending
Allowance for Credit Losses [Roll Forward]
Beginning Balance	1,356	2,738	2,738
Provision (Reversal)	406	(1,510)
Charge-offs	0	0
Recoveries	0	142
Ending Balance	1,762	1,370	1,356
National Lending | Factoring
Allowance for Credit Losses [Roll Forward]
Beginning Balance	5,757	6,566	6,566
Provision (Reversal)	(170)	751
Charge-offs	(74)	(23)
Recoveries	252	139
Ending Balance	5,765	7,433	5,757
National Lending | Lease financing
Allowance for Credit Losses [Roll Forward]
Beginning Balance	1,189	3,302	3,302
Provision (Reversal)	(247)	766
Charge-offs	(63)	(153)
Recoveries	2
Ending Balance	881	4,008	1,189
National Lending | Lease financing, net of adjustments
Allowance for Credit Losses [Roll Forward]
Recoveries		93
National Lending | Insurance premium finance
Allowance for Credit Losses [Roll Forward]
Beginning Balance	0	2,637	2,637
Provision (Reversal)	91	(239)
Charge-offs	(93)	(365)
Recoveries	2	90
Ending Balance	0	2,123	0
National Lending | SBA/USDA
Allowance for Credit Losses [Roll Forward]
Beginning Balance	3,273	2,962	2,962
Provision (Reversal)	831	327
Charge-offs	(297)	0
Recoveries	0	0
Ending Balance	3,807	3,289	3,273
National Lending | Other commercial finance
Allowance for Credit Losses [Roll Forward]
Beginning Balance	607	3,089	3,089
Provision (Reversal)	(186)	223
Charge-offs	0	0
Recoveries	0	0
Ending Balance	421	3,312	607
National Lending | Commercial finance
Allowance for Credit Losses [Roll Forward]
Beginning Balance	42,576	46,980	46,980
Provision (Reversal)	8,014	6,140
Charge-offs	(8,902)	(5,662)
Recoveries	873	1,090
Ending Balance	42,561	48,548	42,576
National Lending | Consumer finance
Allowance for Credit Losses [Roll Forward]
Beginning Balance	2,240	2,346	2,346
Provision (Reversal)	2,792	2,097
Charge-offs	(33)	(63)
Recoveries	2	0
Ending Balance	5,001	4,380	2,240
National Lending | Tax services
Allowance for Credit Losses [Roll Forward]
Beginning Balance	2	2	2
Provision (Reversal)	1,301	1,356
Charge-offs	(741)	(1,145)
Recoveries	228	294
Ending Balance	790	507	2
National Lending | Warehouse finance
Allowance for Credit Losses [Roll Forward]
Beginning Balance	518	377	377
Provision (Reversal)	107	(27)
Charge-offs	0	0
Recoveries	0	0
Ending Balance	$ 625	$ 350	$ 518

LOANS AND LEASES, NET - Impaire

LOANS AND LEASES, NET - Impaired Loans (Details) - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Sep. 30, 2024
Financing Receivable, Impaired [Line Items]
Impaired loans, unpaid balance	$ 16,016		$ 22,210
Average recorded investment	27,529	$ 31,421
National Lending | Term lending
Financing Receivable, Impaired [Line Items]
Impaired loans, unpaid balance	14,034		15,491
Average recorded investment	23,208	17,419
National Lending | Asset-based lending
Financing Receivable, Impaired [Line Items]
Average recorded investment	591	9,711
National Lending | Factoring
Financing Receivable, Impaired [Line Items]
Average recorded investment	265	1,180
National Lending | Lease financing
Financing Receivable, Impaired [Line Items]
Impaired loans, unpaid balance	1,302		5,300
Average recorded investment	1,565	1,623
National Lending | SBA/USDA
Financing Receivable, Impaired [Line Items]
Impaired loans, unpaid balance	680		1,419
Average recorded investment	1,900	1,488
National Lending | Commercial finance
Financing Receivable, Impaired [Line Items]
Impaired loans, unpaid balance	16,016		$ 22,210
Average recorded investment	$ 27,529	$ 31,421

LOANS AND LEASES, NET - Credit

LOANS AND LEASES, NET - Credit Quality Indicator (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Sep. 30, 2024	Sep. 30, 2023
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	$ 4,562,681		$ 4,075,195
Pass
Financing Receivable, Credit Quality Indicator [Line Items]
2025	185,937		727,446
2024	775,621		621,029
2023	618,437		316,217
2022	294,621		117,862
2021	113,360		80,750
Prior	199,641		135,421
Revolving Loans and Leases	1,292,082		1,043,551
Total gross loans and leases	3,479,699		3,042,276
Watch
Financing Receivable, Credit Quality Indicator [Line Items]
2025	16,193		54,846
2024	36,539		65,301
2023	47,347		35,334
2022	28,681		37,928
2021	22,136		4,092
Prior	17,982		5,378
Revolving Loans and Leases	276,680		283,791
Total gross loans and leases	445,558		486,670
Special mention
Financing Receivable, Credit Quality Indicator [Line Items]
2025	1,160		44,617
2024	57,525		3,356
2023	6,386		9,121
2022	9,164		14,928
2021	16,876		7,412
Prior	870		365
Revolving Loans and Leases	21,130		13,458
Total gross loans and leases	113,111		93,257
Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
2025	8,110		10,835
2024	10,132		47,309
2023	55,342		33,418
2022	36,459		33,303
2021	39,530		30,482
Prior	41,052		14,368
Revolving Loans and Leases	7,078		11,227
Total gross loans and leases	197,703		180,942
Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
2025	0		4,314
2024	466		1,650
2023	855		2,302
2022	1,820		951
2021	526		207
Prior	1,138		865
Revolving Loans and Leases	19		12
Total gross loans and leases	4,824		10,301
Total
Financing Receivable, Credit Quality Indicator [Line Items]
2025	211,400		842,058
2024	880,283		738,645
2023	728,367		396,392
2022	370,745		204,972
2021	192,428		122,943
Prior	260,683		156,397
Revolving Loans and Leases	1,596,989		1,352,039
Total gross loans and leases	4,240,895		3,813,446
National Lending | Total
Financing Receivable, Credit Quality Indicator [Line Items]
2024, Writeoffs	4,447		200
2023, Writeoffs	2,245		4,541
2022, Writeoffs	1,408		8,754
2021, Writeoffs	454		3,783
2020, Writeoffs	131		2,391
Prior, Writeoffs	143		715
Revolving Loans and Leases, Writeoffs	74		2,453
Total, Writeoffs	8,902		22,837
National Lending | Term lending
Financing Receivable, Credit Quality Indicator [Line Items]
Total, Writeoffs	8,375	$ 5,121
National Lending | Term lending | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
2025	166,954		548,597
2024	579,028		398,832
2023	406,327		117,180
2022	108,421		77,585
2021	73,456		42,950
Prior	58,759		24,166
Revolving Loans and Leases	0		0
Total gross loans and leases	1,392,945		1,209,310
National Lending | Term lending | Watch
Financing Receivable, Credit Quality Indicator [Line Items]
2025	16,193		47,765
2024	29,618		52,317
2023	35,022		34,964
2022	26,480		31,025
2021	21,118		2,720
Prior	12,300		2,312
Revolving Loans and Leases	0		0
Total gross loans and leases	140,731		171,103
National Lending | Term lending | Special mention
Financing Receivable, Credit Quality Indicator [Line Items]
2025	1,160		44,617
2024	57,525		3,106
2023	6,151		9,121
2022	8,911		14,772
2021	16,720		7,238
Prior	332		2
Revolving Loans and Leases	0		0
Total gross loans and leases	90,799		78,856
National Lending | Term lending | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
2025	8,110		9,798
2024	9,337		24,187
2023	31,501		18,537
2022	22,152		11,660
2021	14,933		18,894
Prior	20,498		2,631
Revolving Loans and Leases	0		0
Total gross loans and leases	106,531		85,707
National Lending | Term lending | Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
2025	0		4,314
2024	466		1,465
2023	855		2,247
2022	1,765		758
2021	468		114
Prior	979		767
Revolving Loans and Leases	0		0
Total gross loans and leases	4,533		9,665
National Lending | Term lending | Total
Financing Receivable, Credit Quality Indicator [Line Items]
2025	192,417		655,091
2024	675,974		479,907
2023	479,856		182,049
2022	167,729		135,800
2021	126,695		71,916
Prior	92,868		29,878
Revolving Loans and Leases	0		0
Total gross loans and leases	1,735,539		1,554,641
2024, Writeoffs	4,385		114
2023, Writeoffs	2,043		3,102
2022, Writeoffs	1,408		8,502
2021, Writeoffs	423		3,576
2020, Writeoffs	85		2,184
Prior, Writeoffs	31		715
Revolving Loans and Leases, Writeoffs	0		0
Total, Writeoffs	8,375		18,193
National Lending | Asset-based lending
Financing Receivable, Credit Quality Indicator [Line Items]
Total, Writeoffs	0	0
National Lending | Asset-based lending | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
2025	0		0
2024	0		0
2023	0		0
2022	0		0
2021	0		0
Prior	0		0
Revolving Loans and Leases	372,119		233,268
Total gross loans and leases	372,119		233,268
National Lending | Asset-based lending | Watch
Financing Receivable, Credit Quality Indicator [Line Items]
2025	0		0
2024	0		0
2023	0		0
2022	0		0
2021	0		0
Prior	0		0
Revolving Loans and Leases	213,107		221,521
Total gross loans and leases	213,107		221,521
National Lending | Asset-based lending | Special mention
Financing Receivable, Credit Quality Indicator [Line Items]
2025	0		0
2024	0		0
2023	0		0
2022	0		0
2021	0		0
Prior	0		0
Revolving Loans and Leases	19,510		13,187
Total gross loans and leases	19,510		13,187
National Lending | Asset-based lending | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
2025	0		0
2024	0		0
2023	0		0
2022	0		0
2021	0		0
Prior	0		0
Revolving Loans and Leases	3,525		3,921
Total gross loans and leases	3,525		3,921
National Lending | Asset-based lending | Total
Financing Receivable, Credit Quality Indicator [Line Items]
2025	0		0
2024	0		0
2023	0		0
2022	0		0
2021	0		0
Prior	0		0
Revolving Loans and Leases	608,261		471,897
Total gross loans and leases	608,261		471,897
2024, Writeoffs	0
2023, Writeoffs	0
2022, Writeoffs	0
2021, Writeoffs	0
2020, Writeoffs	0
Prior, Writeoffs	0
Revolving Loans and Leases, Writeoffs	0
Total, Writeoffs	0
National Lending | Factoring
Financing Receivable, Credit Quality Indicator [Line Items]
Total, Writeoffs	74	23
National Lending | Factoring | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
2025	0		0
2024	0		0
2023	0		0
2022	0		0
2021	0		0
Prior	0		0
Revolving Loans and Leases	295,712		292,436
Total gross loans and leases	295,712		292,436
National Lending | Factoring | Watch
Financing Receivable, Credit Quality Indicator [Line Items]
2025	0		0
2024	0		0
2023	0		0
2022	0		0
2021	0		0
Prior	0		0
Revolving Loans and Leases	63,573		62,270
Total gross loans and leases	63,573		62,270
National Lending | Factoring | Special mention
Financing Receivable, Credit Quality Indicator [Line Items]
2025	0		0
2024	0		0
2023	0		0
2022	0		0
2021	0		0
Prior	0		0
Revolving Loans and Leases	1,620		271
Total gross loans and leases	1,620		271
National Lending | Factoring | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
2025	0		0
2024	0		0
2023	0		0
2022	0		0
2021	0		0
Prior	0		0
Revolving Loans and Leases	3,553		7,306
Total gross loans and leases	3,553		7,306
National Lending | Factoring | Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
2025	0		0
2024	0		0
2023	0		0
2022	0		0
2021	0		0
Prior	0		0
Revolving Loans and Leases	19		12
Total gross loans and leases	19		12
National Lending | Factoring | Total
Financing Receivable, Credit Quality Indicator [Line Items]
2025	0		0
2024	0		0
2023	0		0
2022	0		0
2021	0		0
Prior	0		0
Revolving Loans and Leases	364,477		362,295
Total gross loans and leases	364,477		362,295
2024, Writeoffs	0			$ 0
2023, Writeoffs	0			0
2022, Writeoffs	0			0
2021, Writeoffs	0			0
2020, Writeoffs	0			0
Prior, Writeoffs	0			0
Revolving Loans and Leases, Writeoffs	74			2,453
Total, Writeoffs	74			2,453
National Lending | Lease financing
Financing Receivable, Credit Quality Indicator [Line Items]
Total, Writeoffs	63	153
National Lending | Lease financing | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
2025	8,349		44,883
2024	41,145		48,851
2023	40,805		12,862
2022	10,546		7,101
2021	7,156		7,938
Prior	7,854		1,733
Revolving Loans and Leases	0		0
Total gross loans and leases	115,855		123,368
National Lending | Lease financing | Watch
Financing Receivable, Credit Quality Indicator [Line Items]
2025	0		1,837
2024	703		3,537
2023	3,046		370
2022	61		6,264
2021	387		1,362
Prior	1,877		40
Revolving Loans and Leases	0		0
Total gross loans and leases	6,074		13,410
National Lending | Lease financing | Special mention
Financing Receivable, Credit Quality Indicator [Line Items]
2025	0		0
2024	0		250
2023	235		0
2022	253		0
2021	0		174
Prior	177		0
Revolving Loans and Leases	0		0
Total gross loans and leases	665		424
National Lending | Lease financing | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
2025	0		0
2024	0		6,691
2023	6,489		2,723
2022	2,276		2,717
2021	5,758		2,069
Prior	1,185		603
Revolving Loans and Leases	0		0
Total gross loans and leases	15,708		14,803
National Lending | Lease financing | Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
2025	0		0
2024	0		0
2023	0		0
2022	0		138
2021	3		31
Prior	0		0
Revolving Loans and Leases	0		0
Total gross loans and leases	3		169
National Lending | Lease financing | Total
Financing Receivable, Credit Quality Indicator [Line Items]
2025	8,349		46,720
2024	41,848		59,329
2023	50,575		15,955
2022	13,136		16,220
2021	13,304		11,574
Prior	11,093		2,376
Revolving Loans and Leases	0		0
Total gross loans and leases	138,305		152,174
2024, Writeoffs	0			0
2023, Writeoffs	0			0
2022, Writeoffs	0			0
2021, Writeoffs	31			207
2020, Writeoffs	32			80
Prior, Writeoffs	0			0
Revolving Loans and Leases, Writeoffs	0			0
Total, Writeoffs	63			$ 287
National Lending | Insurance premium finance
Financing Receivable, Credit Quality Indicator [Line Items]
Total, Writeoffs	93	365
National Lending | Insurance premium finance | Total
Financing Receivable, Credit Quality Indicator [Line Items]
2024, Writeoffs	62		86
2023, Writeoffs	31		890
2022, Writeoffs	0		173
2021, Writeoffs	0		0
2020, Writeoffs	0		0
Prior, Writeoffs	0		0
Revolving Loans and Leases, Writeoffs	0		0
Total, Writeoffs	93		1,149
National Lending | SBA/USDA
Financing Receivable, Credit Quality Indicator [Line Items]
Total, Writeoffs	297	0
National Lending | SBA/USDA | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
2025	10,265		60,636
2024	83,724		171,136
2023	169,125		179,490
2022	175,510		20,825
2021	20,514		28,588
Prior	65,396		39,319
Revolving Loans and Leases	0		0
Total gross loans and leases	524,534		499,994
National Lending | SBA/USDA | Watch
Financing Receivable, Credit Quality Indicator [Line Items]
2025	0		5,244
2024	6,218		6,967
2023	6,813		0
2022	2,140		639
2021	631		10
Prior	3,805		3,026
Revolving Loans and Leases	0		0
Total gross loans and leases	19,607		15,886
National Lending | SBA/USDA | Special mention
Financing Receivable, Credit Quality Indicator [Line Items]
2025	0		0
2024	0		0
2023	0		0
2022	0		156
2021	156		0
Prior	361		363
Revolving Loans and Leases	0		0
Total gross loans and leases	517		519
National Lending | SBA/USDA | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
2025	0		1,037
2024	795		15,923
2023	16,859		12,158
2022	12,031		2,003
2021	1,984		9,519
Prior	19,369		11,134
Revolving Loans and Leases	0		0
Total gross loans and leases	51,038		51,774
National Lending | SBA/USDA | Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
2025	0		0
2024	0		185
2023	0		55
2022	55		55
2021	55		62
Prior	159		98
Revolving Loans and Leases	0		0
Total gross loans and leases	269		455
National Lending | SBA/USDA | Total
Financing Receivable, Credit Quality Indicator [Line Items]
2025	10,265		66,917
2024	90,737		194,211
2023	192,797		191,703
2022	189,736		23,678
2021	23,340		38,179
Prior	89,090		53,940
Revolving Loans and Leases	0		0
Total gross loans and leases	595,965		568,628
2024, Writeoffs	0		0
2023, Writeoffs	171		549
2022, Writeoffs	0		79
2021, Writeoffs	0		0
2020, Writeoffs	14		127
Prior, Writeoffs	112		0
Revolving Loans and Leases, Writeoffs	0		0
Total, Writeoffs	297		755
National Lending | Other commercial finance
Financing Receivable, Credit Quality Indicator [Line Items]
Total, Writeoffs	0	0
National Lending | Other commercial finance | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
2025	369		73,330
2024	71,724		2,210
2023	2,180		6,685
2022	144		12,351
2021	12,234		1,274
Prior	67,632		70,203
Revolving Loans and Leases	0		0
Total gross loans and leases	154,283		166,053
National Lending | Other commercial finance | Watch
Financing Receivable, Credit Quality Indicator [Line Items]
2025	0		0
2024	0		2,480
2023	2,466		0
2022	0		0
2021	0		0
Prior	0		0
Revolving Loans and Leases	0		0
Total gross loans and leases	2,466		2,480
National Lending | Other commercial finance | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
2025	0		0
2024	0		508
2023	493		0
2022	0		16,923
2021	16,855		0
Prior	0		0
Revolving Loans and Leases	0		0
Total gross loans and leases	17,348		17,431
National Lending | Other commercial finance | Total
Financing Receivable, Credit Quality Indicator [Line Items]
2025	369		73,330
2024	71,724		5,198
2023	5,139		6,685
2022	144		29,274
2021	29,089		1,274
Prior	67,632		70,203
Revolving Loans and Leases	0		0
Total gross loans and leases	174,097		185,964
2024, Writeoffs	0		0
2023, Writeoffs	0		0
2022, Writeoffs	0		0
2021, Writeoffs	0		0
2020, Writeoffs	0		0
Prior, Writeoffs	0		0
Revolving Loans and Leases, Writeoffs	0		0
Total, Writeoffs	0		0
National Lending | Warehouse finance
Financing Receivable, Credit Quality Indicator [Line Items]
Total, Writeoffs	0	$ 0
National Lending | Warehouse finance | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
2025	0		0
2024	0		0
2023	0		0
2022	0		0
2021	0		0
Prior	0		0
Revolving Loans and Leases	624,251		517,847
Total gross loans and leases	624,251		517,847
National Lending | Warehouse finance | Total
Financing Receivable, Credit Quality Indicator [Line Items]
2025	0		0
2024	0		0
2023	0		0
2022	0		0
2021	0		0
Prior	0		0
Revolving Loans and Leases	624,251		517,847
Total gross loans and leases	624,251		517,847
2024, Writeoffs	0		0
2023, Writeoffs	0		0
2022, Writeoffs	0		0
2021, Writeoffs	0		0
2020, Writeoffs	0		0
Prior, Writeoffs	0		0
Revolving Loans and Leases, Writeoffs	0		0
Total, Writeoffs	$ 0		$ 0

LOANS AND LEASES, NET - Past Du

LOANS AND LEASES, NET - Past Due Loans (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Sep. 30, 2024
Financing Receivable, Past Due [Line Items]
Loans and leases	$ 4,562,681	$ 4,075,195
Accruing and Nonaccruing Loans and Leases
Financing Receivable, Past Due [Line Items]
Loans and leases	4,638,595	4,759,941
Accruing and Nonaccruing Loans and Leases | Total loans and leases held for investment
Financing Receivable, Past Due [Line Items]
Loans and leases	4,565,947	4,071,071
Accruing and Nonaccruing Loans and Leases | National Lending | Loans held for sale
Financing Receivable, Past Due [Line Items]
Loans and leases	72,648	688,870
Accruing and Nonaccruing Loans and Leases | National Lending | Term lending
Financing Receivable, Past Due [Line Items]
Loans and leases	1,735,539	1,554,641
Accruing and Nonaccruing Loans and Leases | National Lending | Asset-based lending
Financing Receivable, Past Due [Line Items]
Loans and leases	608,261	471,897
Accruing and Nonaccruing Loans and Leases | National Lending | Factoring
Financing Receivable, Past Due [Line Items]
Loans and leases	364,477	362,295
Accruing and Nonaccruing Loans and Leases | National Lending | Lease financing
Financing Receivable, Past Due [Line Items]
Loans and leases	138,305	152,174
Accruing and Nonaccruing Loans and Leases | National Lending | SBA/USDA
Financing Receivable, Past Due [Line Items]
Loans and leases	595,965	568,628
Accruing and Nonaccruing Loans and Leases | National Lending | Other commercial finance
Financing Receivable, Past Due [Line Items]
Loans and leases	174,097	185,964
Accruing and Nonaccruing Loans and Leases | National Lending | Commercial finance
Financing Receivable, Past Due [Line Items]
Loans and leases	3,616,644	3,295,599
Accruing and Nonaccruing Loans and Leases | National Lending | Consumer finance
Financing Receivable, Past Due [Line Items]
Loans and leases	280,001	248,800
Accruing and Nonaccruing Loans and Leases | National Lending | Tax services
Financing Receivable, Past Due [Line Items]
Loans and leases	45,051	8,825
Accruing and Nonaccruing Loans and Leases | National Lending | Warehouse finance
Financing Receivable, Past Due [Line Items]
Loans and leases	624,251	517,847
Accruing and Nonaccruing Loans and Leases | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Loans and leases	29,582	29,609
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	29,582	27,343
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	2,266
Accruing and Nonaccruing Loans and Leases | 30-59 Days Past Due | National Lending | Term lending
Financing Receivable, Past Due [Line Items]
Loans and leases	19,298	19,776
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	0
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	4,278	3,605
Accruing and Nonaccruing Loans and Leases | 30-59 Days Past Due | National Lending | SBA/USDA
Financing Receivable, Past Due [Line Items]
Loans and leases	1,504	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	25,080	23,381
Accruing and Nonaccruing Loans and Leases | 30-59 Days Past Due | National Lending | Consumer finance
Financing Receivable, Past Due [Line Items]
Loans and leases	4,502	3,962
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 | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Loans and leases	11,902	12,218
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	11,902	10,857
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	1,361
Accruing and Nonaccruing Loans and Leases | 60-89 Days Past Due | National Lending | Term lending
Financing Receivable, Past Due [Line Items]
Loans and leases	4,901	5,124
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	3,878	1,595
Accruing and Nonaccruing Loans and Leases | 60-89 Days Past Due | National Lending | SBA/USDA
Financing Receivable, Past Due [Line Items]
Loans and leases	187	952
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	8,966	7,671
Accruing and Nonaccruing Loans and Leases | 60-89 Days Past Due | National Lending | Consumer finance
Financing Receivable, Past Due [Line Items]
Loans and leases	2,936	3,186
Accruing and Nonaccruing Loans and Leases | 60-89 Days Past Due | National Lending | Tax services
Financing Receivable, Past Due [Line Items]
Loans and leases	0	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 | > 89 Days Past Due
Financing Receivable, Past Due [Line Items]
Loans and leases	25,968	32,811
Accruing and Nonaccruing Loans and Leases | > 89 Days Past Due | Total loans and leases held for investment
Financing Receivable, Past Due [Line Items]
Loans and leases	25,968	31,761
Accruing and Nonaccruing Loans and Leases | > 89 Days Past Due | National Lending | Loans held for sale
Financing Receivable, Past Due [Line Items]
Loans and leases	0	1,050
Accruing and Nonaccruing Loans and Leases | > 89 Days Past Due | National Lending | Term lending
Financing Receivable, Past Due [Line Items]
Loans and leases	20,122	17,694
Accruing and Nonaccruing Loans and Leases | > 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 | > 89 Days Past Due | National Lending | Factoring
Financing Receivable, Past Due [Line Items]
Loans and leases	0	0
Accruing and Nonaccruing Loans and Leases | > 89 Days Past Due | National Lending | Lease financing
Financing Receivable, Past Due [Line Items]
Loans and leases	1,440	109
Accruing and Nonaccruing Loans and Leases | > 89 Days Past Due | National Lending | SBA/USDA
Financing Receivable, Past Due [Line Items]
Loans and leases	1,983	2,172
Accruing and Nonaccruing Loans and Leases | > 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 | > 89 Days Past Due | National Lending | Commercial finance
Financing Receivable, Past Due [Line Items]
Loans and leases	23,545	19,975
Accruing and Nonaccruing Loans and Leases | > 89 Days Past Due | National Lending | Consumer finance
Financing Receivable, Past Due [Line Items]
Loans and leases	2,423	3,053
Accruing and Nonaccruing Loans and Leases | > 89 Days Past Due | National Lending | Tax services
Financing Receivable, Past Due [Line Items]
Loans and leases	0	8,733
Accruing and Nonaccruing Loans and Leases | > 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 | Total Past Due
Financing Receivable, Past Due [Line Items]
Loans and leases	67,452	74,638
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	67,452	69,961
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	4,677
Accruing and Nonaccruing Loans and Leases | Total Past Due | National Lending | Term lending
Financing Receivable, Past Due [Line Items]
Loans and leases	44,321	42,594
Accruing and Nonaccruing Loans and Leases | Total Past Due | National Lending | Asset-based lending
Financing Receivable, Past Due [Line Items]
Loans and leases	0	0
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	9,596	5,309
Accruing and Nonaccruing Loans and Leases | Total Past Due | National Lending | SBA/USDA
Financing Receivable, Past Due [Line Items]
Loans and leases	3,674	3,124
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	57,591	51,027
Accruing and Nonaccruing Loans and Leases | Total Past Due | National Lending | Consumer finance
Financing Receivable, Past Due [Line Items]
Loans and leases	9,861	10,201
Accruing and Nonaccruing Loans and Leases | Total Past Due | National Lending | Tax services
Financing Receivable, Past Due [Line Items]
Loans and leases	0	8,733
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 | Current
Financing Receivable, Past Due [Line Items]
Loans and leases	4,571,143	4,685,303
Accruing and Nonaccruing Loans and Leases | Current | Total loans and leases held for investment
Financing Receivable, Past Due [Line Items]
Loans and leases	4,498,495	4,001,110
Accruing and Nonaccruing Loans and Leases | Current | National Lending | Loans held for sale
Financing Receivable, Past Due [Line Items]
Loans and leases	72,648	684,193
Accruing and Nonaccruing Loans and Leases | Current | National Lending | Term lending
Financing Receivable, Past Due [Line Items]
Loans and leases	1,691,218	1,512,047
Accruing and Nonaccruing Loans and Leases | Current | National Lending | Asset-based lending
Financing Receivable, Past Due [Line Items]
Loans and leases	608,261	471,897
Accruing and Nonaccruing Loans and Leases | Current | National Lending | Factoring
Financing Receivable, Past Due [Line Items]
Loans and leases	364,477	362,295
Accruing and Nonaccruing Loans and Leases | Current | National Lending | Lease financing
Financing Receivable, Past Due [Line Items]
Loans and leases	128,709	146,865
Accruing and Nonaccruing Loans and Leases | Current | National Lending | SBA/USDA
Financing Receivable, Past Due [Line Items]
Loans and leases	592,291	565,504
Accruing and Nonaccruing Loans and Leases | Current | National Lending | Other commercial finance
Financing Receivable, Past Due [Line Items]
Loans and leases	174,097	185,964
Accruing and Nonaccruing Loans and Leases | Current | National Lending | Commercial finance
Financing Receivable, Past Due [Line Items]
Loans and leases	3,559,053	3,244,572
Accruing and Nonaccruing Loans and Leases | Current | National Lending | Consumer finance
Financing Receivable, Past Due [Line Items]
Loans and leases	270,140	238,599
Accruing and Nonaccruing Loans and Leases | Current | National Lending | Tax services
Financing Receivable, Past Due [Line Items]
Loans and leases	45,051	92
Accruing and Nonaccruing Loans and Leases | Current | National Lending | Warehouse finance
Financing Receivable, Past Due [Line Items]
Loans and leases	624,251	517,847
Nonperforming Loans and Leases
Financing Receivable, Past Due [Line Items]
Loans and leases	35,209	41,562
Nonaccrual Balance	27,231	26,412
Nonperforming Loans and Leases | Total loans and leases held for investment
Financing Receivable, Past Due [Line Items]
Loans and leases	35,209	40,512
Nonaccrual Balance	27,231	26,412
Nonperforming Loans and Leases | National Lending | Loans held for sale
Financing Receivable, Past Due [Line Items]
Loans and leases	0	1,050
Nonaccrual Balance	0	0
Nonperforming Loans and Leases | National Lending | Term lending
Financing Receivable, Past Due [Line Items]
Loans and leases	27,236	25,385
Nonaccrual Balance	22,226	23,462
Nonperforming Loans and Leases | National Lending | Asset-based lending
Financing Receivable, Past Due [Line Items]
Loans and leases	603	0
Nonaccrual Balance	603	0
Nonperforming Loans and Leases | National Lending | Factoring
Financing Receivable, Past Due [Line Items]
Loans and leases	561	29
Nonaccrual Balance	561	29
Nonperforming Loans and Leases | National Lending | Lease financing
Financing Receivable, Past Due [Line Items]
Loans and leases	2,097	806
Nonaccrual Balance	2,038	746
Nonperforming Loans and Leases | National Lending | SBA/USDA
Financing Receivable, Past Due [Line Items]
Loans and leases	2,289	2,506
Nonaccrual Balance	1,803	2,175
Nonperforming Loans and Leases | National Lending | Other commercial finance
Financing Receivable, Past Due [Line Items]
Loans and leases	0	0
Nonaccrual Balance	0	0
Nonperforming Loans and Leases | National Lending | Commercial finance
Financing Receivable, Past Due [Line Items]
Loans and leases	32,786	28,726
Nonaccrual Balance	27,231	26,412
Nonperforming Loans and Leases | National Lending | Consumer finance
Financing Receivable, Past Due [Line Items]
Loans and leases	2,423	3,053
Nonaccrual Balance	0	0
Nonperforming Loans and Leases | National Lending | Tax services
Financing Receivable, Past Due [Line Items]
Loans and leases	0	8,733
Nonaccrual Balance	0	0
Nonperforming Loans and Leases | National Lending | Warehouse finance
Financing Receivable, Past Due [Line Items]
Loans and leases	0	0
Nonaccrual Balance	0	0
Nonperforming Loans and Leases | > 89 Days Past Due
Financing Receivable, Past Due [Line Items]
Loans and leases	7,978	15,150
Nonperforming Loans and Leases | > 89 Days Past Due | Total loans and leases held for investment
Financing Receivable, Past Due [Line Items]
Loans and leases	7,978	14,100
Nonperforming Loans and Leases | > 89 Days Past Due | National Lending | Loans held for sale
Financing Receivable, Past Due [Line Items]
Loans and leases	0	1,050
Nonperforming Loans and Leases | > 89 Days Past Due | National Lending | Term lending
Financing Receivable, Past Due [Line Items]
Loans and leases	5,010	1,923
Nonperforming Loans and Leases | > 89 Days Past Due | National Lending | Asset-based lending
Financing Receivable, Past Due [Line Items]
Loans and leases	0	0
Nonperforming Loans and Leases | > 89 Days Past Due | National Lending | Factoring
Financing Receivable, Past Due [Line Items]
Loans and leases	0	0
Nonperforming Loans and Leases | > 89 Days Past Due | National Lending | Lease financing
Financing Receivable, Past Due [Line Items]
Loans and leases	59	60
Nonperforming Loans and Leases | > 89 Days Past Due | National Lending | SBA/USDA
Financing Receivable, Past Due [Line Items]
Loans and leases	486	331
Nonperforming Loans and Leases | > 89 Days Past Due | National Lending | Other commercial finance
Financing Receivable, Past Due [Line Items]
Loans and leases	0	0
Nonperforming Loans and Leases | > 89 Days Past Due | National Lending | Commercial finance
Financing Receivable, Past Due [Line Items]
Loans and leases	5,555	2,314
Nonperforming Loans and Leases | > 89 Days Past Due | National Lending | Consumer finance
Financing Receivable, Past Due [Line Items]
Loans and leases	2,423	3,053
Nonperforming Loans and Leases | > 89 Days Past Due | National Lending | Tax services
Financing Receivable, Past Due [Line Items]
Loans and leases	0	8,733
Nonperforming Loans and Leases | > 89 Days Past Due | National Lending | Warehouse finance
Financing Receivable, Past Due [Line Items]
Loans and leases	$ 0	$ 0

LOANS AND LEASES, NET - Nonaccr

LOANS AND LEASES, NET - Nonaccrual (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Sep. 30, 2024
Financing Receivable, Nonaccrual [Line Items]
Total gross loans and leases	$ 4,562,681	$ 4,075,195
Nonaccrual Loans
Financing Receivable, Nonaccrual [Line Items]
2025	0	9,281
2024	5,456	4,748
2023	8,004	5,435
2022	4,793	1,487
2021	2,578	1,369
Prior	5,236	4,063
Revolving Loans and Leases	1,164	29
Total gross loans and leases	27,231	26,412
Nonaccrual with No ACL	6,552	3,260
Nonaccrual Loans | National Lending | Term lending
Financing Receivable, Nonaccrual [Line Items]
2025	0	9,281
2024	5,456	3,433
2023	6,958	5,369
2022	4,703	1,386
2021	1,200	625
Prior	3,909	3,368
Revolving Loans and Leases	0	0
Total gross loans and leases	22,226	23,462
Nonaccrual with No ACL	6,552	2,579
Nonaccrual Loans | National Lending | Asset-based lending
Financing Receivable, Nonaccrual [Line Items]
2025	0
2024	0
2023	0
2022	0
2021	0
Prior	0
Revolving Loans and Leases	603
Total gross loans and leases	603
Nonaccrual with No ACL	0
Nonaccrual Loans | National Lending | Factoring
Financing Receivable, Nonaccrual [Line Items]
2025	0	0
2024	0	0
2023	0	0
2022	0	0
2021	0	0
Prior	0	0
Revolving Loans and Leases	561	29
Total gross loans and leases	561	29
Nonaccrual with No ACL	0	0
Nonaccrual Loans | National Lending | Lease financing
Financing Receivable, Nonaccrual [Line Items]
2025	0	0
2024	0	577
2023	533	11
2022	0	46
2021	1,323	2
Prior	182	110
Revolving Loans and Leases	0	0
Total gross loans and leases	2,038	746
Nonaccrual with No ACL	0	0
Nonaccrual Loans | National Lending | SBA/USDA
Financing Receivable, Nonaccrual [Line Items]
2025	0	0
2024	0	738
2023	513	55
2022	90	55
2021	55	742
Prior	1,145	585
Revolving Loans and Leases	0	0
Total gross loans and leases	1,803	2,175
Nonaccrual with No ACL	0	681
Nonaccrual Loans | National Lending | Commercial finance
Financing Receivable, Nonaccrual [Line Items]
2025	0	9,281
2024	5,456	4,748
2023	8,004	5,435
2022	4,793	1,487
2021	2,578	1,369
Prior	5,236	4,063
Revolving Loans and Leases	1,164	29
Total gross loans and leases	27,231	26,412
Nonaccrual with No ACL	6,552	3,260
90 or More Days Delinquent and Accruing
Financing Receivable, Nonaccrual [Line Items]
2025	0	10,500
2024	1,031	2,481
2023	1,236	1,073
2022	1,080	809
2021	4,627	275
Prior	4	12
Revolving Loans and Leases	0	0
Total gross loans and leases	7,978	15,150
90 or More Days Delinquent and Accruing | Total loans and leases held for investment
Financing Receivable, Nonaccrual [Line Items]
2025	0	9,469
2024	1,031	2,462
2023	1,236	1,073
2022	1,080	809
2021	4,627	275
Prior	4	12
Revolving Loans and Leases	0	0
Total gross loans and leases	7,978	14,100
90 or More Days Delinquent and Accruing | National Lending | Loans held for sale
Financing Receivable, Nonaccrual [Line Items]
2025		1,031
2024		19
2023		0
2022		0
2021		0
Prior		0
Revolving Loans and Leases		0
Total gross loans and leases		1,050
90 or More Days Delinquent and Accruing | National Lending | Term lending
Financing Receivable, Nonaccrual [Line Items]
2025	0	0
2024	0	621
2023	0	354
2022	560	719
2021	4,448	217
Prior	2	12
Revolving Loans and Leases	0	0
Total gross loans and leases	5,010	1,923
90 or More Days Delinquent and Accruing | National Lending | Lease financing
Financing Receivable, Nonaccrual [Line Items]
2025	0	0
2024	55	0
2023	1	0
2022	0	2
2021	1	58
Prior	2	0
Revolving Loans and Leases	0	0
Total gross loans and leases	59	60
90 or More Days Delinquent and Accruing | National Lending | SBA/USDA
Financing Receivable, Nonaccrual [Line Items]
2025	0	0
2024	0	0
2023	0	331
2022	330	0
2021	156	0
Prior	0	0
Revolving Loans and Leases	0	0
Total gross loans and leases	486	331
90 or More Days Delinquent and Accruing | National Lending | Commercial finance
Financing Receivable, Nonaccrual [Line Items]
2025	0	0
2024	55	621
2023	1	685
2022	890	721
2021	4,605	275
Prior	4	12
Revolving Loans and Leases	0	0
Total gross loans and leases	5,555	2,314
90 or More Days Delinquent and Accruing | National Lending | Consumer finance
Financing Receivable, Nonaccrual [Line Items]
2025	0	736
2024	976	1,841
2023	1,235	388
2022	190	88
2021	22	0
Prior	0	0
Revolving Loans and Leases	0	0
Total gross loans and leases	$ 2,423	3,053
90 or More Days Delinquent and Accruing | National Lending | Tax services
Financing Receivable, Nonaccrual [Line Items]
2025		8,733
2024		0
2023		0
2022		0
2021		0
Prior		0
Revolving Loans and Leases		0
Total gross loans and leases		$ 8,733

LOANS AND LEASES, NET - Trouble

LOANS AND LEASES, NET - Troubled Debt Restructured Loans (Details) - National Lending - Commercial finance - USD ($)	3 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Financing Receivable, Troubled Debt Restructuring [Line Items]
TDRs subsequent default, recorded investment	$ 1,400,000	$ 0
60-89 Days Past Due
Financing Receivable, Troubled Debt Restructuring [Line Items]
TDRs subsequent default, recorded investment	$ 0

EARNINGS PER COMMON SHARE ("E_3

EARNINGS PER COMMON SHARE ("EPS") (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Basic income per common share:
Net income attributable to Pathward Financial, Inc.	$ 31,427	$ 27,657
Dividends and undistributed earnings allocated to participating securities	(130)	(220)
Basic net earnings available to common stockholders	31,297	27,437
Undistributed earnings allocated to nonvested restricted stockholders	125	210
Reallocation of undistributed earnings to nonvested restricted stockholders	(125)	(210)
Diluted net earnings available to common stockholders	$ 31,297	$ 27,437
Total weighted-average basic common shares outstanding (in shares)	24,221,697	25,776,845
Effect of dilutive securities
Total effect of dilutive securities (in shares)	58,674	24,693
Total weighted-average diluted common shares outstanding (in shares)	24,280,371	25,801,538
Net earnings per common share:
Basic earnings per common share (in dollars per share)	$ 1.29	$ 1.06
Diluted earnings per common share (in dollars per share)	$ 1.29	$ 1.06
Weighted average shares of nonvested restricted stock, antidilutive (in shares)	100,406	207,074
PSUs
Effect of dilutive securities
Performance share units (in shares)	58,674	24,693

RENTAL EQUIPMENT, NET - Schedul

RENTAL EQUIPMENT, NET - Schedule of Rental Equipment (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Sep. 30, 2024
Property, Plant and Equipment [Line Items]
Total	$ 334,175	$ 329,279
Accumulated depreciation	(128,425)	(124,987)
Unamortized initial direct costs	1,004	1,047
Net book value	206,754	205,339
Computers and IT networking equipment
Property, Plant and Equipment [Line Items]
Total	18,219	21,308
Motor vehicles and other
Property, Plant and Equipment [Line Items]
Total	148,940	140,920
Other furniture and equipment
Property, Plant and Equipment [Line Items]
Total	37,195	38,755
Solar panels and equipment
Property, Plant and Equipment [Line Items]
Total	$ 129,821	$ 128,296

RENTAL EQUIPMENT, NET - Sched_2

RENTAL EQUIPMENT, NET - Schedule of Operating Leases, Future Minimum Payments (Details) $ in Thousands	Dec. 31, 2024 USD ($)
Property, Plant and Equipment [Abstract]
Remaining in 2025	$ 31,957
2026	34,726
2027	26,540
2028	17,823
2029	12,010
Thereafter	6,178
Total	$ 129,234

GOODWILL AND INTANGIBLE ASSET_2

GOODWILL AND INTANGIBLE ASSETS - Narrative (Details) - USD ($)	3 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Sep. 30, 2024	Sep. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Total goodwill	$ 297,928,000	$ 309,505,000	$ 309,505,000	$ 309,505,000
Impairment expense	$ 0	$ 0

GOODWILL AND INTANGIBLE ASSET_3

GOODWILL AND INTANGIBLE ASSETS - Schedule of Goodwill (Details) $ in Thousands	3 Months Ended
	Dec. 31, 2024 USD ($)
Goodwill [Roll Forward]
Beginning balance	$ 309,505
Divestiture	(11,577)
Ending balance	297,928
Consumer
Goodwill [Roll Forward]
Beginning balance	87,145
Divestiture	0
Ending balance	87,145
Commercial
Goodwill [Roll Forward]
Beginning balance	222,360
Divestiture	(11,577)
Ending balance	210,783
Corporate Services/Other
Goodwill [Roll Forward]
Beginning balance	0
Divestiture	0
Ending balance	$ 0

GOODWILL AND INTANGIBLE ASSET_4

GOODWILL AND INTANGIBLE ASSETS - Schedule of Intangible Asses (Details) - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Finite-lived Intangible Assets [Roll Forward]
Beginning Balance	$ 16,589	$ 20,720
Amortization during the period	(812)	(984)
Write-offs and disposals during the period	(631)
Ending Balance	15,146	19,736
Gross carrying amount	92,145	99,451
Accumulated amortization	(65,928)	(68,578)
Accumulated impairment	(11,071)	(11,137)
Total anticipated intangible amortization	15,146	19,736
Trademark
Finite-lived Intangible Assets [Roll Forward]
Beginning Balance	6,422	7,477
Amortization during the period	(269)	(264)
Write-offs and disposals during the period	0
Ending Balance	6,153	7,213
Gross carrying amount	13,774	13,774
Accumulated amortization	(7,621)	(6,561)
Accumulated impairment	0	0
Total anticipated intangible amortization	$ 6,153	7,213
Trademark | Minimum
Finite-lived Intangible Assets [Roll Forward]
Useful life	5 years
Trademark | Maximum
Finite-lived Intangible Assets [Roll Forward]
Useful life	15 years
Non-Compete
Finite-lived Intangible Assets [Roll Forward]
Beginning Balance	$ 0	0
Amortization during the period	0	0
Write-offs and disposals during the period	0
Ending Balance	0	0
Gross carrying amount	301	301
Accumulated amortization	(301)	(301)
Accumulated impairment	0	0
Total anticipated intangible amortization	0	0
Customer Relationships
Finite-lived Intangible Assets [Roll Forward]
Beginning Balance	6,566	9,110
Amortization during the period	(411)	(587)
Write-offs and disposals during the period	(631)
Ending Balance	5,524	8,523
Gross carrying amount	70,338	77,578
Accumulated amortization	(53,896)	(58,137)
Accumulated impairment	(10,918)	(10,918)
Total anticipated intangible amortization	$ 5,524	8,523
Customer Relationships | Minimum
Finite-lived Intangible Assets [Roll Forward]
Useful life	10 years
Customer Relationships | Maximum
Finite-lived Intangible Assets [Roll Forward]
Useful life	30 years
All Others
Finite-lived Intangible Assets [Roll Forward]
Beginning Balance	$ 3,601	4,133
Amortization during the period	(132)	(133)
Write-offs and disposals during the period	0
Ending Balance	3,469	4,000
Gross carrying amount	7,732	7,798
Accumulated amortization	(4,110)	(3,579)
Accumulated impairment	(153)	(219)
Total anticipated intangible amortization	$ 3,469	$ 4,000
All Others | Minimum
Finite-lived Intangible Assets [Roll Forward]
Useful life	3 years
All Others | Maximum
Finite-lived Intangible Assets [Roll Forward]
Useful life	20 years

GOODWILL AND INTANGIBLE ASSET_5

GOODWILL AND INTANGIBLE ASSETS - Schedule of Future Amortization (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Sep. 30, 2024	Dec. 31, 2023	Sep. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Remaining in 2025	$ 2,620
2026	3,109
2027	2,489
2028	2,200
2029	1,585
Thereafter	3,143
Total anticipated intangible amortization	$ 15,146	$ 16,589	$ 19,736	$ 20,720

OPERATING LEASE RIGHT-OF-USE _3

OPERATING LEASE RIGHT-OF-USE ASSETS AND LIABILITIES - Narrative (Details) $ in Thousands	3 Months Ended	12 Months Ended
	Dec. 31, 2024 USD ($) office	Sep. 30, 2024 USD ($)
Leases [Abstract]
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	Other assets	Other assets
Operating lease, right-of-use asset	$ 22,600	$ 24,400
Operating Lease, Liability, Statement of Financial Position [Extensible Enumeration]	Accrued expenses and other liabilities	Accrued expenses and other liabilities
Operating lease, liability	$ 23,750	$ 26,000
Lease ROU assets and liabilities, number of office locations | office	2
Gain (loss) on remeasurement of ROU asset depleted		$ 500

OPERATING LEASE RIGHT-OF-USE _4

OPERATING LEASE RIGHT-OF-USE ASSETS AND LIABILITIES - Lease Maturity (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Sep. 30, 2024
Leases [Abstract]
Remaining in 2025	$ 2,535
2026	3,048
2027	2,856
2028	2,816
2029	2,841
Thereafter	12,703
Total undiscounted future minimum lease payments	26,799
Discount	(3,049)
Total operating lease liabilities	$ 23,750	$ 26,000

OPERATING LEASE RIGHT-OF-USE _5

OPERATING LEASE RIGHT-OF-USE ASSETS AND LIABILITIES - Lease Cost (Details) - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Sep. 30, 2024
Leases [Abstract]
Weighted-average discount rate	2.50%		2.45%
Weighted-average remaining lease term (years)	8 years 10 months 28 days		8 years 9 months 10 days
Lease expense	$ 919	$ 1,025
Short-term and variable lease cost	21	(7)
Sublease income	(352)	(370)
Total lease cost for operating leases	$ 588	$ 648

STOCKHOLDERS' EQUITY (Details)

STOCKHOLDERS' EQUITY (Details) - USD ($) $ in Millions	3 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Sep. 30, 2024	Aug. 25, 2023	Sep. 03, 2021
Equity, Class of Treasury Stock [Line Items]
Stock repurchased during the period (in shares)	66,446	103,641
Stock repurchased during the period, value	$ 4.6	$ 4.9
Retired common stock held in treasury (in shares)	0	0
Common Stock
Equity, Class of Treasury Stock [Line Items]
Shares authorized to be repurchased (in shares)			146,435		6,000,000
Additional shares authorized to be repurchased (in shares)				7,000,000
Stock repurchased under repurchase program (in shares)	701,860	232,588
Remaining number of shares authorized to be repurchased (in shares)	6,298,140

STOCK COMPENSATION - Narrative

STOCK COMPENSATION - Narrative (Details) $ in Millions	3 Months Ended
	Dec. 31, 2024 USD ($) shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Period that options vest	8 years
Stock based compensation expense not yet recognized in income | $	$ 13.7
Weighted average remaining period for unrecognized stock based compensation (in years)	1 year 11 months 12 days
Restricted Stock Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Period that options vest	3 years
Restricted Stock Awards | Director
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Period that options vest	1 year
Performance Share Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Period that options vest	3 years
Shares issuable upon vesting (in shares) | shares	1
Performance Share Units | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Payout levels percentage	50%
Performance Share Units | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Payout levels percentage	200%

STOCK COMPENSATION - Share Acti

STOCK COMPENSATION - Share Activity (Details)	3 Months Ended
	Dec. 31, 2024 $ / shares shares
Restricted Stock Awards
Number of Shares
Nonvested shares outstanding, beginning of period (in shares) | shares	248,670
Granted (in shares) | shares	0
Vested (in shares) | shares	(164,069)
Forfeited or expired (in shares) | shares	(782)
Nonvested shares outstanding, end of period (in shares) | shares	83,819
Weighted Average Fair Value at Grant
Nonvested shares outstanding, beginning of period (in dollars per share) | $ / shares	$ 41.19
Granted (in dollars per share) | $ / shares	0
Vested (in dollars per share) | $ / shares	37.80
Forfeited or expired (in dollars per share) | $ / shares	50.15
Nonvested shares outstanding, end of period (in dollars per share) | $ / shares	$ 47.75
Restricted Stock Units
Number of Shares
Nonvested shares outstanding, beginning of period (in shares) | shares	0
Granted (in shares) | shares	84,038
Vested (in shares) | shares	0
Forfeited or expired (in shares) | shares	0
Nonvested shares outstanding, end of period (in shares) | shares	84,038
Weighted Average Fair Value at Grant
Nonvested shares outstanding, beginning of period (in dollars per share) | $ / shares	$ 0
Granted (in dollars per share) | $ / shares	79.66
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	$ 79.66
PSUs
Number of Shares
Nonvested shares outstanding, beginning of period (in shares) | shares	142,462
Granted (in shares) | shares	33,136
Vested (in shares) | shares	(34,304)
Forfeited or expired (in shares) | shares	0
Nonvested shares outstanding, end of period (in shares) | shares	141,294
Weighted Average Fair Value at Grant
Nonvested shares outstanding, beginning of period (in dollars per share) | $ / shares	$ 47.24
Granted (in dollars per share) | $ / shares	79.63
Vested (in dollars per share) | $ / shares	57.21
Forfeited or expired (in dollars per share) | $ / shares	0
Nonvested shares outstanding, end of period (in dollars per share) | $ / shares	$ 52.42

INCOME TAXES - Narrative (Detai

INCOME TAXES - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Income Tax Disclosure [Abstract]
Income tax expense	$ 6,294	$ 5,719
Effective tax rate	16.60%	17%

INCOME TAXES - Schedule of Effe

INCOME TAXES - Schedule of Effective Income Tax Rate Reconciliation (Details) - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Income Tax Disclosure [Abstract]
Provision at statutory rate	$ 7,921	$ 7,009
Tax-exempt income	(168)	(174)
State income taxes	1,243	1,228
Interim period effective rate adjustment	1,659	2,806
Tax credit investments, net - federal	(3,167)	(4,377)
IRC 162(m) nondeductible compensation	55	(280)
Other, net	(1,249)	(493)
Income tax expense	$ 6,294	$ 5,719
Effective tax rate	16.60%	17%

REVENUE FROM CONTRACTS WITH C_3

REVENUE FROM CONTRACTS WITH CUSTOMERS - Schedule of Revenue by Segment (Details) - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Disaggregation of Revenue [Line Items]
Net interest income	$ 116,133	$ 110,036
(Loss) on sale of securities	(15,671)	0
Gain on divestitures	16,404	0
Gain (loss) on sale of loans and leases	4,378	(31)
Gain on sale of other	987	2,871
Other income	7,637	5,179
Noninterest income	57,378	52,761
Revenue	173,511	162,797
Refund transfer product fees
Disaggregation of Revenue [Line Items]
Noninterest income:	410	422
Refund advance fee income
Disaggregation of Revenue [Line Items]
Noninterest income:	459	111
Card and deposit fees
Disaggregation of Revenue [Line Items]
Noninterest income:	29,066	30,750
Rental income
Disaggregation of Revenue [Line Items]
Noninterest income:	13,708	13,459
Consumer
Disaggregation of Revenue [Line Items]
Net interest income	69,127	59,356
(Loss) on sale of securities	0	0
Gain on divestitures	0	0
Gain (loss) on sale of loans and leases	40	(31)
Gain on sale of other	0	0
Other income	3,864	1,778
Noninterest income	33,601	32,787
Revenue	102,728	92,143
Consumer | Refund transfer product fees
Disaggregation of Revenue [Line Items]
Noninterest income:	410	422
Consumer | Refund advance fee income
Disaggregation of Revenue [Line Items]
Noninterest income:	459	111
Consumer | Card and deposit fees
Disaggregation of Revenue [Line Items]
Noninterest income:	28,828	30,507
Consumer | Rental income
Disaggregation of Revenue [Line Items]
Noninterest income:	0	0
Commercial
Disaggregation of Revenue [Line Items]
Net interest income	46,111	45,881
(Loss) on sale of securities	0	0
Gain on divestitures	0	0
Gain (loss) on sale of loans and leases	4,338	0
Gain on sale of other	531	362
Other income	2,630	2,166
Noninterest income	21,239	15,999
Revenue	67,350	61,880
Commercial | Refund transfer product fees
Disaggregation of Revenue [Line Items]
Noninterest income:	0	0
Commercial | Refund advance fee income
Disaggregation of Revenue [Line Items]
Noninterest income:	0	0
Commercial | Card and deposit fees
Disaggregation of Revenue [Line Items]
Noninterest income:	232	236
Commercial | Rental income
Disaggregation of Revenue [Line Items]
Noninterest income:	13,508	13,235
Corporate Services/Other
Disaggregation of Revenue [Line Items]
Net interest income	895	4,799
(Loss) on sale of securities	(15,671)	0
Gain on divestitures	16,404	0
Gain (loss) on sale of loans and leases	0	0
Gain on sale of other	456	2,509
Other income	1,143	1,235
Noninterest income	2,538	3,975
Revenue	3,433	8,774
Corporate Services/Other | Refund transfer product fees
Disaggregation of Revenue [Line Items]
Noninterest income:	0	0
Corporate Services/Other | Refund advance fee income
Disaggregation of Revenue [Line Items]
Noninterest income:	0	0
Corporate Services/Other | Card and deposit fees
Disaggregation of Revenue [Line Items]
Noninterest income:	6	7
Corporate Services/Other | Rental income
Disaggregation of Revenue [Line Items]
Noninterest income:	$ 200	$ 224

SEGMENT REPORTING (Details)

SEGMENT REPORTING (Details) $ in Thousands	3 Months Ended
	Dec. 31, 2024 USD ($) segment	Dec. 31, 2023 USD ($)	Sep. 30, 2024 USD ($)	Sep. 30, 2023 USD ($)
Segment Reporting Information [Line Items]
Number of reportable segments | segment	3
Segment data [Abstract]
Net interest income	$ 116,133	$ 110,036
Provision for (reversal of) credit loss	12,032	9,890
Noninterest income	57,378	52,761
Noninterest expense	123,559	119,274
Income before income tax expense	37,920	33,633
Total assets	7,622,342	7,927,437	$ 7,549,336
Total goodwill	297,928	309,505	309,505	$ 309,505
Total deposits	6,518,953	6,936,055
Consumer
Segment data [Abstract]
Net interest income	69,127	59,356
Provision for (reversal of) credit loss	4,095	3,454
Noninterest income	33,601	32,787
Noninterest expense	49,142	50,013
Income before income tax expense	49,491	38,676
Total assets	535,134	563,706
Total goodwill	87,145	87,145	87,145	87,145
Total deposits	6,305,236	6,587,052
Commercial
Segment data [Abstract]
Net interest income	46,111	45,881
Provision for (reversal of) credit loss	7,831	6,463
Noninterest income	21,239	15,999
Noninterest expense	32,765	34,856
Income before income tax expense	26,754	20,561
Total assets	4,086,116	4,206,522
Total goodwill	210,783	222,360	222,360	222,360
Total deposits	1,439	3,669
Corporate Services/Other
Segment data [Abstract]
Net interest income	895	4,799
Provision for (reversal of) credit loss	106	(27)
Noninterest income	2,538	3,975
Noninterest expense	41,652	34,405
Income before income tax expense	(38,325)	(25,604)
Total assets	3,001,092	3,157,209
Total goodwill	0	0	$ 0	$ 0
Total deposits	$ 212,278	$ 345,334

FAIR VALUE OF FINANCIAL INSTR_3

FAIR VALUE OF FINANCIAL INSTRUMENTS - Assets Measured at Fair Value on Recurring and Non-recurring Basis (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Sep. 30, 2024
Level 1
Available-for-sale debt securities [Abstract]
Total debt securities AFS	$ 0	$ 0
Common equities and mutual funds	3,563	3,303
Level 2
Available-for-sale debt securities [Abstract]
Total debt securities AFS	1,480,090	1,741,221
Common equities and mutual funds	0	0
Level 3
Available-for-sale debt securities [Abstract]
Total debt securities AFS	0	0
Common equities and mutual funds	0	0
Recurring
Available-for-sale debt securities [Abstract]
Corporate securities	21,000	19,750
SBA securities	30,529	81,935
Obligations of states and political subdivisions	200	480
Non-bank qualified obligations of states and political subdivisions	200,725	217,990
Asset-backed securities	180,930	189,698
Mortgage-backed securities	1,046,706	1,231,368
Total debt securities AFS	1,480,090	1,741,221
Common equities and mutual funds	3,563	3,303
Non-marketable equity securities	11,870	11,828
Recurring | Level 1
Available-for-sale debt securities [Abstract]
Corporate securities	0	0
SBA securities	0	0
Obligations of states and political subdivisions	0	0
Non-bank qualified obligations of states and political subdivisions	0	0
Asset-backed securities	0	0
Mortgage-backed securities	0	0
Total debt securities AFS	0	0
Common equities and mutual funds	3,563	3,303
Non-marketable equity securities	0	0
Recurring | Level 2
Available-for-sale debt securities [Abstract]
Corporate securities	21,000	19,750
SBA securities	30,529	81,935
Obligations of states and political subdivisions	200	480
Non-bank qualified obligations of states and political subdivisions	200,725	217,990
Asset-backed securities	180,930	189,698
Mortgage-backed securities	1,046,706	1,231,368
Total debt securities AFS	1,480,090	1,741,221
Common equities and mutual funds	0	0
Non-marketable equity securities	0	0
Recurring | Level 3
Available-for-sale debt securities [Abstract]
Corporate securities	0	0
SBA securities	0	0
Obligations of states and political subdivisions	0	0
Non-bank qualified obligations of states and political subdivisions	0	0
Asset-backed securities	0	0
Mortgage-backed securities	0	0
Total debt securities AFS	0	0
Common equities and mutual funds	0	0
Non-marketable equity securities	$ 0	$ 0

FAIR VALUE OF FINANCIAL INSTR_4

FAIR VALUE OF FINANCIAL INSTRUMENTS - Quantitative Information (Details) - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2024	Sep. 30, 2024
Minimum
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Range of estimated selling cost (percentage)	3%
Maximum
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Range of estimated selling cost (percentage)	45%
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	4,501,798	4,036,490
Total loans and leases, net individually evaluated for credit loss | Level 3 | Valuation, Market Approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair value	$ 4,751	7,652
Total loans and leases, net individually evaluated for credit loss | Level 3 | Valuation, Market Approach | Minimum
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Range of estimated selling cost (percentage)	3%
Total loans and leases, net individually evaluated for credit loss | Level 3 | Valuation, Market Approach | Maximum
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Range of estimated selling cost (percentage)	45%
Nonrecurring
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair value	$ 4,751	7,652
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	4,751	7,652
Nonrecurring | Commercial finance
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair value	4,751	7,652
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	4,751	7,652
Nonrecurring | Total loans and leases, net individually evaluated for credit loss
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair value	4,751	7,652
Nonrecurring | Total loans and leases, net individually evaluated for credit loss | Level 1
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair value	0	0
Nonrecurring | Total loans and leases, net individually evaluated for credit loss | Level 2
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair value	0	0
Nonrecurring | Total loans and leases, net individually evaluated for credit loss | Level 3
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair value	$ 4,751	$ 7,652

FAIR VALUE OF FINANCIAL INSTR_5

FAIR VALUE OF FINANCIAL INSTRUMENTS - Balance Sheet Grouping (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Sep. 30, 2024
Financial assets
Debt securities held to maturity	$ 27,431	$ 30,236
Level 1
Financial assets
Cash and cash equivalents	597,396	158,337
Debt securities available for sale	0	0
Debt securities held to maturity	0	0
Common equities and mutual funds	3,563	3,303
Non-marketable equity securities	0	0
Loans held for sale	0	0
Loans and leases	0	0
Federal Reserve Bank and Federal Home Loan Bank stocks	0	0
Accrued interest receivable	35,279	31,385
Financial liabilities
Deposits	6,514,740	5,845,879
Overnight federal funds purchased		377,000
Other short- and long-term borrowings	0	0
Accrued interest payable	771	571
Level 2
Financial assets
Cash and cash equivalents	0	0
Debt securities available for sale	1,480,090	1,741,221
Debt securities held to maturity	27,431	30,236
Common equities and mutual funds	0	0
Non-marketable equity securities	9,699	9,522
Loans held for sale	72,648	688,870
Loans and leases	0	0
Federal Reserve Bank and Federal Home Loan Bank stocks	24,454	36,014
Accrued interest receivable	0	0
Financial liabilities
Deposits	4,112	29,115
Overnight federal funds purchased		0
Other short- and long-term borrowings	32,332	31,787
Accrued interest payable	0	0
Level 3
Financial assets
Cash and cash equivalents	0	0
Debt securities available for sale	0	0
Debt securities held to maturity	0	0
Common equities and mutual funds	0	0
Non-marketable equity securities	0	0
Loans held for sale	0	0
Loans and leases	4,501,798	4,036,490
Federal Reserve Bank and Federal Home Loan Bank stocks	0	0
Accrued interest receivable	0	0
Financial liabilities
Deposits	0	0
Overnight federal funds purchased		0
Other short- and long-term borrowings	0	0
Accrued interest payable	0	0
Carrying Amount
Financial assets
Cash and cash equivalents	597,396	158,337
Debt securities available for sale	1,480,090	1,741,221
Debt securities held to maturity	32,001	33,092
Common equities and mutual funds	3,563	3,303
Non-marketable equity securities	21,569	21,350
Loans held for sale	72,648	688,870
Loans and leases	4,565,947	4,071,071
Federal Reserve Bank and Federal Home Loan Bank stocks	24,454	36,014
Accrued interest receivable	35,279	31,385
Financial liabilities
Deposits	6,518,953	5,875,085
Overnight federal funds purchased		377,000
Other short- and long-term borrowings	33,380	33,354
Accrued interest payable	771	571
Estimated Fair Value
Financial assets
Cash and cash equivalents	597,396	158,337
Debt securities available for sale	1,480,090	1,741,221
Debt securities held to maturity	27,431	30,236
Common equities and mutual funds	3,563	3,303
Non-marketable equity securities	21,569	21,350
Loans held for sale	72,648	688,870
Loans and leases	4,501,798	4,036,490
Federal Reserve Bank and Federal Home Loan Bank stocks	24,454	36,014
Accrued interest receivable	35,279	31,385
Financial liabilities
Deposits	6,518,852	5,874,994
Overnight federal funds purchased		377,000
Other short- and long-term borrowings	32,332	31,787
Accrued interest payable	$ 771	$ 571