Company Quick10K Filing
TFS Financial
Price18.05 EPS0
Shares280 P/E63
MCap5,053 P/FCF49
Net Debt-275 EBIT323
TEV4,778 TEV/EBIT15
TTM 2019-09-30, in MM, except price, ratios
10-Q 2021-03-31 Filed 2021-05-06
10-Q 2020-12-31 Filed 2021-02-09
10-K 2020-09-30 Filed 2020-11-24
10-Q 2020-06-30 Filed 2020-08-07
10-Q 2020-03-31 Filed 2020-05-15
10-Q 2019-12-31 Filed 2020-02-06
10-K 2019-09-30 Filed 2019-11-26
10-Q 2019-06-30 Filed 2019-08-07
10-Q 2019-03-31 Filed 2019-05-08
10-Q 2018-12-31 Filed 2019-02-07
10-K 2018-09-30 Filed 2018-11-27
10-Q 2018-06-30 Filed 2018-08-07
10-Q 2018-03-31 Filed 2018-05-08
10-Q 2017-12-31 Filed 2018-02-08
10-K 2017-09-30 Filed 2017-11-22
10-Q 2017-06-30 Filed 2017-08-07
10-Q 2017-03-31 Filed 2017-05-05
10-Q 2016-12-31 Filed 2017-02-08
10-K 2016-09-30 Filed 2016-11-23
10-Q 2016-06-30 Filed 2016-08-05
10-Q 2016-03-31 Filed 2016-05-06
10-Q 2015-12-31 Filed 2016-02-08
10-K 2015-09-30 Filed 2015-11-25
10-Q 2015-06-30 Filed 2015-08-06
10-Q 2015-03-31 Filed 2015-05-07
10-Q 2014-12-31 Filed 2015-02-06
10-K 2014-09-30 Filed 2014-11-26
10-Q 2014-06-30 Filed 2014-08-07
10-Q 2014-03-31 Filed 2014-05-08
10-Q 2013-12-31 Filed 2014-02-07
10-K 2013-09-30 Filed 2013-11-27
10-Q 2013-06-30 Filed 2013-08-08
10-Q 2013-03-31 Filed 2013-05-09
10-Q 2012-12-31 Filed 2013-02-11
10-K 2012-09-30 Filed 2012-11-29
10-Q 2012-06-30 Filed 2012-08-09
10-Q 2012-03-31 Filed 2012-05-10
10-Q 2011-12-31 Filed 2012-02-09
10-K 2011-09-30 Filed 2011-11-29
10-Q 2011-06-30 Filed 2011-08-09
10-Q 2011-03-31 Filed 2011-05-09
10-Q 2010-12-31 Filed 2011-02-09
10-K 2010-09-30 Filed 2010-11-24
10-Q 2010-06-30 Filed 2010-08-06
10-Q 2010-03-31 Filed 2010-05-06
10-Q 2009-12-31 Filed 2010-02-05
8-K 2020-11-19
8-K 2020-10-29
8-K 2020-08-27
8-K 2020-07-30
8-K 2020-07-30
8-K 2020-07-14
8-K 2020-06-01
8-K 2020-05-28
8-K 2020-05-11
8-K 2020-04-30
8-K 2020-02-27
8-K 2020-02-27
8-K 2020-01-30
8-K 2019-11-21
8-K 2019-10-30
8-K 2019-08-22
8-K 2019-07-30
8-K 2019-07-16
8-K 2019-06-03
8-K 2019-05-30
8-K 2019-04-30
8-K 2019-02-21
8-K 2019-02-21
8-K 2019-01-30
8-K 2018-11-14
8-K 2018-10-29
8-K 2018-09-28
8-K 2018-08-30
8-K 2018-07-30
8-K 2018-07-11
8-K 2018-05-31
8-K 2018-05-29
8-K 2018-04-30
8-K 2018-02-22
8-K 2018-02-22
8-K 2018-01-30

TFSL 10Q Quarterly Report

Item 1. Financial Statements
Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations
Item 3. Quantitative and Qualitative Disclosures About Market Risk
Item 4. Controls and Procedures
Part II - Other Information
Item 1. Legal Proceedings
Item 1A. Risk Factors
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
Item 3. Defaults Upon Senior Securities
Item 4. Mine Safety Disclosures
Item 5. Other Information
Item 6.
EX-31.1 tfslfy21marex311.htm
EX-31.2 tfslfy21marex312.htm
EX-32 tfslfy21marex32.htm

TFS Financial Earnings 2021-03-31

Balance SheetIncome StatementCash Flow
151296302012201420172020
Assets, Equity
0.10.10.10.00.00.02018201820192020
Rev, G Profit, Net Income
0.30.20.1-0.1-0.2-0.32012201420172020
Ops, Inv, Fin

tfsl-20210331
000138166809/302021Q2FALSE417,365447,38424,50936,0780.010.01100,000,000100,000,0000000.010.01700,000,000700,000,000332,318,750332,318,750280,616,132280,150,00651,702,61852,168,7440.560.2820,5000.551,0000.2810 months, 21 days7,413215672,454285793916,545494720151000013816682020-10-012021-03-31xbrli:shares00013816682021-05-04iso4217:USD00013816682021-03-3100013816682020-09-300001381668us-gaap:MortgageReceivablesMember2021-03-310001381668us-gaap:MortgageReceivablesMember2020-09-300001381668tfsl:OtherLoansMember2021-03-310001381668tfsl:OtherLoansMember2020-09-30iso4217:USDxbrli:shares00013816682021-01-012021-03-3100013816682020-01-012020-03-3100013816682019-10-012020-03-310001381668us-gaap:BankingMember2021-01-012021-03-310001381668us-gaap:BankingMember2020-01-012020-03-310001381668us-gaap:BankingMember2020-10-012021-03-310001381668us-gaap:BankingMember2019-10-012020-03-310001381668us-gaap:CommonStockMember2019-12-310001381668us-gaap:AdditionalPaidInCapitalMember2019-12-310001381668us-gaap:TreasuryStockMember2019-12-310001381668us-gaap:DeferredCompensationShareBasedPaymentsMember2019-12-310001381668us-gaap:RetainedEarningsMember2019-12-310001381668us-gaap:AccumulatedOtherComprehensiveIncomeMember2019-12-3100013816682019-12-310001381668us-gaap:RetainedEarningsMember2020-01-012020-03-310001381668us-gaap:AccumulatedOtherComprehensiveIncomeMember2020-01-012020-03-310001381668us-gaap:AdditionalPaidInCapitalMember2020-01-012020-03-310001381668us-gaap:DeferredCompensationShareBasedPaymentsMember2020-01-012020-03-310001381668us-gaap:TreasuryStockMember2020-01-012020-03-310001381668us-gaap:CommonStockMember2020-03-310001381668us-gaap:AdditionalPaidInCapitalMember2020-03-310001381668us-gaap:TreasuryStockMember2020-03-310001381668us-gaap:DeferredCompensationShareBasedPaymentsMember2020-03-310001381668us-gaap:RetainedEarningsMember2020-03-310001381668us-gaap:AccumulatedOtherComprehensiveIncomeMember2020-03-3100013816682020-03-310001381668us-gaap:CommonStockMember2020-12-310001381668us-gaap:AdditionalPaidInCapitalMember2020-12-310001381668us-gaap:TreasuryStockMember2020-12-310001381668us-gaap:DeferredCompensationShareBasedPaymentsMember2020-12-310001381668us-gaap:RetainedEarningsMember2020-12-310001381668us-gaap:AccumulatedOtherComprehensiveIncomeMember2020-12-3100013816682020-12-310001381668us-gaap:RetainedEarningsMember2021-01-012021-03-310001381668us-gaap:AccumulatedOtherComprehensiveIncomeMember2021-01-012021-03-310001381668us-gaap:AdditionalPaidInCapitalMember2021-01-012021-03-310001381668us-gaap:DeferredCompensationShareBasedPaymentsMember2021-01-012021-03-310001381668us-gaap:TreasuryStockMember2021-01-012021-03-310001381668us-gaap:CommonStockMember2021-03-310001381668us-gaap:AdditionalPaidInCapitalMember2021-03-310001381668us-gaap:TreasuryStockMember2021-03-310001381668us-gaap:DeferredCompensationShareBasedPaymentsMember2021-03-310001381668us-gaap:RetainedEarningsMember2021-03-310001381668us-gaap:AccumulatedOtherComprehensiveIncomeMember2021-03-310001381668us-gaap:CommonStockMember2019-09-300001381668us-gaap:AdditionalPaidInCapitalMember2019-09-300001381668us-gaap:TreasuryStockMember2019-09-300001381668us-gaap:DeferredCompensationShareBasedPaymentsMember2019-09-300001381668us-gaap:RetainedEarningsMember2019-09-300001381668us-gaap:AccumulatedOtherComprehensiveIncomeMember2019-09-3000013816682019-09-300001381668us-gaap:RetainedEarningsMember2019-10-012020-03-310001381668us-gaap:AccumulatedOtherComprehensiveIncomeMember2019-10-012020-03-310001381668us-gaap:AdditionalPaidInCapitalMember2019-10-012020-03-310001381668us-gaap:DeferredCompensationShareBasedPaymentsMember2019-10-012020-03-310001381668us-gaap:TreasuryStockMember2019-10-012020-03-310001381668us-gaap:CommonStockMember2020-09-300001381668us-gaap:AdditionalPaidInCapitalMember2020-09-300001381668us-gaap:TreasuryStockMember2020-09-300001381668us-gaap:DeferredCompensationShareBasedPaymentsMember2020-09-300001381668us-gaap:RetainedEarningsMember2020-09-300001381668us-gaap:AccumulatedOtherComprehensiveIncomeMember2020-09-300001381668us-gaap:RetainedEarningsMembersrt:CumulativeEffectPeriodOfAdoptionAdjustmentMemberus-gaap:AccountingStandardsUpdate201613Member2020-09-300001381668srt:CumulativeEffectPeriodOfAdoptionAdjustmentMemberus-gaap:AccountingStandardsUpdate201613Member2020-09-300001381668us-gaap:RetainedEarningsMember2020-10-012021-03-310001381668us-gaap:AccumulatedOtherComprehensiveIncomeMember2020-10-012021-03-310001381668us-gaap:AdditionalPaidInCapitalMember2020-10-012021-03-310001381668us-gaap:DeferredCompensationShareBasedPaymentsMember2020-10-012021-03-310001381668us-gaap:TreasuryStockMember2020-10-012021-03-310001381668us-gaap:DepositsMember2020-10-012021-03-310001381668us-gaap:DepositsMember2019-10-012020-03-310001381668us-gaap:DebtMember2020-10-012021-03-310001381668us-gaap:DebtMember2019-10-012020-03-31xbrli:pure0001381668us-gaap:CommonStockMembertfsl:ThirdFederalSavingsMHCMember2021-03-310001381668us-gaap:EmployeeStockOptionMember2021-01-012021-03-310001381668us-gaap:EmployeeStockOptionMember2020-01-012020-03-310001381668us-gaap:EmployeeStockOptionMember2020-10-012021-03-310001381668us-gaap:EmployeeStockOptionMember2019-10-012020-03-310001381668us-gaap:SecuritiesInvestmentMember2021-03-310001381668us-gaap:SecuritiesInvestmentMember2020-09-300001381668us-gaap:CollateralizedMortgageObligationsMember2021-03-310001381668us-gaap:FederalNationalMortgageAssociationCertificatesAndObligationsFNMAMember2021-03-310001381668us-gaap:CollateralizedMortgageObligationsMember2020-09-300001381668us-gaap:FederalNationalMortgageAssociationCertificatesAndObligationsFNMAMember2020-09-300001381668us-gaap:USGovernmentCorporationsAndAgenciesSecuritiesMember2021-03-310001381668tfsl:ResidentialNonHomeTodayMemberus-gaap:ResidentialRealEstateMember2021-03-310001381668tfsl:ResidentialNonHomeTodayMemberus-gaap:ResidentialRealEstateMember2020-09-300001381668tfsl:ResidentialHomeTodayMemberus-gaap:ResidentialRealEstateMember2021-03-310001381668tfsl:ResidentialHomeTodayMemberus-gaap:ResidentialRealEstateMember2020-09-300001381668tfsl:EquityLoansAndLinesOfCreditMemberus-gaap:ResidentialRealEstateMember2021-03-310001381668tfsl:EquityLoansAndLinesOfCreditMemberus-gaap:ResidentialRealEstateMember2020-09-300001381668us-gaap:ResidentialRealEstateMemberus-gaap:ConstructionLoansMember2021-03-310001381668us-gaap:ResidentialRealEstateMemberus-gaap:ConstructionLoansMember2020-09-300001381668us-gaap:ResidentialRealEstateMember2021-03-310001381668us-gaap:ResidentialRealEstateMember2020-09-300001381668us-gaap:LoansMember2021-03-310001381668us-gaap:LoansMember2020-09-300001381668tfsl:ResidentialCoreHomeTodayandConstructionLoansMemberstpr:OH2021-03-310001381668tfsl:ResidentialCoreHomeTodayandConstructionLoansMemberstpr:OH2020-09-300001381668tfsl:ResidentialCoreHomeTodayandConstructionLoansMemberstpr:FL2021-03-310001381668tfsl:ResidentialCoreHomeTodayandConstructionLoansMemberstpr:FL2020-09-300001381668tfsl:EquityLoansAndLinesOfCreditMemberstpr:OH2020-09-300001381668tfsl:EquityLoansAndLinesOfCreditMemberstpr:OH2021-03-310001381668tfsl:EquityLoansAndLinesOfCreditMemberstpr:FL2021-03-310001381668tfsl:EquityLoansAndLinesOfCreditMemberstpr:FL2020-09-300001381668tfsl:EquityLoansAndLinesOfCreditMemberstpr:CA2021-03-310001381668tfsl:EquityLoansAndLinesOfCreditMemberstpr:CA2020-09-300001381668tfsl:HomeTodayLoansOriginatedAfterSeptember2016Member2021-03-310001381668tfsl:ActiveForbearancePlansMemberus-gaap:ResidentialRealEstateMember2021-03-310001381668tfsl:ActiveForbearancePlansMemberus-gaap:ResidentialRealEstateMember2020-09-300001381668tfsl:TroubledDebtRestructuringMembertfsl:ActiveForbearancePlansMember2021-03-310001381668tfsl:TroubledDebtRestructuringMembertfsl:ActiveForbearancePlansMember2020-09-300001381668tfsl:ResidentialNonHomeTodayMembertfsl:ActiveForbearancePlansMemberus-gaap:ResidentialRealEstateMemberstpr:OH2021-03-310001381668tfsl:ResidentialNonHomeTodayMembertfsl:ActiveForbearancePlansMemberus-gaap:ResidentialRealEstateMemberstpr:OH2020-09-300001381668tfsl:ResidentialNonHomeTodayMembertfsl:ActiveForbearancePlansMemberus-gaap:ResidentialRealEstateMemberstpr:FL2021-03-310001381668tfsl:ResidentialNonHomeTodayMembertfsl:ActiveForbearancePlansMemberus-gaap:ResidentialRealEstateMemberstpr:FL2020-09-300001381668tfsl:ResidentialNonHomeTodayMembertfsl:ActiveForbearancePlansMembertfsl:OtherStatesMemberus-gaap:ResidentialRealEstateMember2021-03-310001381668tfsl:ResidentialNonHomeTodayMembertfsl:ActiveForbearancePlansMembertfsl:OtherStatesMemberus-gaap:ResidentialRealEstateMember2020-09-300001381668tfsl:ResidentialNonHomeTodayMembertfsl:ActiveForbearancePlansMemberus-gaap:ResidentialRealEstateMember2021-03-310001381668tfsl:ResidentialNonHomeTodayMembertfsl:ActiveForbearancePlansMemberus-gaap:ResidentialRealEstateMember2020-09-300001381668tfsl:ActiveForbearancePlansMembertfsl:ResidentialHomeTodayMemberus-gaap:ResidentialRealEstateMember2021-03-310001381668tfsl:ActiveForbearancePlansMembertfsl:ResidentialHomeTodayMemberus-gaap:ResidentialRealEstateMember2020-09-300001381668tfsl:ActiveForbearancePlansMembertfsl:EquityLoansAndLinesOfCreditMemberus-gaap:ResidentialRealEstateMemberstpr:OH2021-03-310001381668tfsl:ActiveForbearancePlansMembertfsl:EquityLoansAndLinesOfCreditMemberus-gaap:ResidentialRealEstateMemberstpr:OH2020-09-300001381668tfsl:ActiveForbearancePlansMembertfsl:EquityLoansAndLinesOfCreditMemberus-gaap:ResidentialRealEstateMemberstpr:FL2021-03-310001381668tfsl:ActiveForbearancePlansMembertfsl:EquityLoansAndLinesOfCreditMemberus-gaap:ResidentialRealEstateMemberstpr:FL2020-09-300001381668tfsl:ActiveForbearancePlansMembertfsl:EquityLoansAndLinesOfCreditMemberus-gaap:ResidentialRealEstateMemberstpr:CA2021-03-310001381668tfsl:ActiveForbearancePlansMembertfsl:EquityLoansAndLinesOfCreditMemberus-gaap:ResidentialRealEstateMemberstpr:CA2020-09-300001381668tfsl:ActiveForbearancePlansMembertfsl:OtherStatesMembertfsl:EquityLoansAndLinesOfCreditMemberus-gaap:ResidentialRealEstateMember2021-03-310001381668tfsl:ActiveForbearancePlansMembertfsl:OtherStatesMembertfsl:EquityLoansAndLinesOfCreditMemberus-gaap:ResidentialRealEstateMember2020-09-300001381668tfsl:ActiveForbearancePlansMembertfsl:EquityLoansAndLinesOfCreditMemberus-gaap:ResidentialRealEstateMember2021-03-310001381668tfsl:ActiveForbearancePlansMembertfsl:EquityLoansAndLinesOfCreditMemberus-gaap:ResidentialRealEstateMember2020-09-300001381668tfsl:PaymentDeferralEndingOneMonthFromReportDateMembertfsl:ActiveForbearancePlansMember2021-03-310001381668tfsl:ActiveForbearancePlansMembertfsl:PaymentDeferralEndingTwoMonthsFromReportDateMember2021-03-310001381668tfsl:ActiveForbearancePlansMembertfsl:PaymentDeferralEndingThreeMonthsFromReportDateMember2021-03-310001381668tfsl:ActiveForbearancePlansMembertfsl:PaymentDeferralEndingFourMonthsFromReportDateMember2021-03-310001381668tfsl:ActiveForbearancePlansMembertfsl:PaymentDeferralEndingFiveMonthsFromReportDateMember2021-03-310001381668tfsl:ActiveForbearancePlansMembertfsl:PaymentDeferralEndingSixMonthsFromReportDateMember2021-03-310001381668tfsl:ActiveForbearancePlansMembertfsl:PaymentDeferralEndingSevenMonthsFromReportDateMember2021-03-310001381668tfsl:ActiveForbearancePlansMember2021-03-310001381668us-gaap:ResidentialRealEstateMembertfsl:ShortTermRepaymentPlansMemberus-gaap:ResidentialMortgageMember2021-03-310001381668us-gaap:ResidentialRealEstateMembertfsl:ShortTermRepaymentPlansMemberus-gaap:ResidentialMortgageMember2020-09-300001381668tfsl:EquityLoansAndLinesOfCreditMemberus-gaap:ResidentialRealEstateMembertfsl:ShortTermRepaymentPlansMember2021-03-310001381668tfsl:EquityLoansAndLinesOfCreditMemberus-gaap:ResidentialRealEstateMembertfsl:ShortTermRepaymentPlansMember2020-09-300001381668tfsl:ModificationNonTDRMemberus-gaap:ResidentialRealEstateMemberus-gaap:ResidentialMortgageMember2021-03-310001381668tfsl:ModificationNonTDRMemberus-gaap:ResidentialRealEstateMemberus-gaap:ResidentialMortgageMember2020-09-300001381668tfsl:ModificationNonTDRMembertfsl:EquityLoansAndLinesOfCreditMemberus-gaap:ResidentialRealEstateMember2021-03-310001381668tfsl:ModificationNonTDRMembertfsl:EquityLoansAndLinesOfCreditMemberus-gaap:ResidentialRealEstateMember2020-09-300001381668tfsl:ActiveForbearancePlansMembertfsl:ModificationsEligbleForTDRReliefMember2021-03-310001381668tfsl:ActiveForbearancePlansMembertfsl:ModificationsEligbleForTDRReliefMember2020-09-300001381668tfsl:ActiveForbearancePlansMembertfsl:RequireAdditionalModificationsMember2021-03-310001381668tfsl:ActiveForbearancePlansMembertfsl:RequireAdditionalModificationsMember2020-09-300001381668tfsl:ResidentialNonHomeTodayMemberus-gaap:FinancingReceivables30To59DaysPastDueMemberus-gaap:ResidentialRealEstateMember2021-03-310001381668tfsl:ResidentialNonHomeTodayMemberus-gaap:FinancingReceivables60To89DaysPastDueMemberus-gaap:ResidentialRealEstateMember2021-03-310001381668tfsl:ResidentialNonHomeTodayMemberus-gaap:ResidentialRealEstateMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2021-03-310001381668tfsl:ResidentialNonHomeTodayMemberus-gaap:ResidentialRealEstateMembertfsl:FinancialAssetPastDueMember2021-03-310001381668tfsl:ResidentialNonHomeTodayMemberus-gaap:ResidentialRealEstateMembertfsl:FinancialAssetNotPastDueMember2021-03-310001381668us-gaap:FinancingReceivables30To59DaysPastDueMembertfsl:ResidentialHomeTodayMemberus-gaap:ResidentialRealEstateMember2021-03-310001381668us-gaap:FinancingReceivables60To89DaysPastDueMembertfsl:ResidentialHomeTodayMemberus-gaap:ResidentialRealEstateMember2021-03-310001381668tfsl:ResidentialHomeTodayMemberus-gaap:ResidentialRealEstateMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2021-03-310001381668tfsl:ResidentialHomeTodayMemberus-gaap:ResidentialRealEstateMembertfsl:FinancialAssetPastDueMember2021-03-310001381668tfsl:ResidentialHomeTodayMemberus-gaap:ResidentialRealEstateMembertfsl:FinancialAssetNotPastDueMember2021-03-310001381668us-gaap:FinancingReceivables30To59DaysPastDueMembertfsl:EquityLoansAndLinesOfCreditMemberus-gaap:ResidentialRealEstateMember2021-03-310001381668us-gaap:FinancingReceivables60To89DaysPastDueMembertfsl:EquityLoansAndLinesOfCreditMemberus-gaap:ResidentialRealEstateMember2021-03-310001381668tfsl:EquityLoansAndLinesOfCreditMemberus-gaap:ResidentialRealEstateMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2021-03-310001381668tfsl:EquityLoansAndLinesOfCreditMemberus-gaap:ResidentialRealEstateMembertfsl:FinancialAssetPastDueMember2021-03-310001381668tfsl:EquityLoansAndLinesOfCreditMemberus-gaap:ResidentialRealEstateMembertfsl:FinancialAssetNotPastDueMember2021-03-310001381668us-gaap:FinancingReceivables30To59DaysPastDueMemberus-gaap:ResidentialRealEstateMemberus-gaap:ConstructionLoansMember2021-03-310001381668us-gaap:FinancingReceivables60To89DaysPastDueMemberus-gaap:ResidentialRealEstateMemberus-gaap:ConstructionLoansMember2021-03-310001381668us-gaap:ResidentialRealEstateMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMemberus-gaap:ConstructionLoansMember2021-03-310001381668us-gaap:ResidentialRealEstateMemberus-gaap:ConstructionLoansMembertfsl:FinancialAssetPastDueMember2021-03-310001381668us-gaap:ResidentialRealEstateMembertfsl:FinancialAssetNotPastDueMemberus-gaap:ConstructionLoansMember2021-03-310001381668us-gaap:FinancingReceivables30To59DaysPastDueMemberus-gaap:ResidentialRealEstateMember2021-03-310001381668us-gaap:FinancingReceivables60To89DaysPastDueMemberus-gaap:ResidentialRealEstateMember2021-03-310001381668us-gaap:ResidentialRealEstateMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2021-03-310001381668us-gaap:ResidentialRealEstateMembertfsl:FinancialAssetPastDueMember2021-03-310001381668us-gaap:ResidentialRealEstateMembertfsl:FinancialAssetNotPastDueMember2021-03-310001381668tfsl:OtherLoansMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2021-03-310001381668tfsl:OtherLoansMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2021-03-310001381668tfsl:OtherLoansMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2021-03-310001381668tfsl:OtherLoansMembertfsl:FinancialAssetPastDueMember2021-03-310001381668tfsl:OtherLoansMembertfsl:FinancialAssetNotPastDueMember2021-03-310001381668us-gaap:FinancingReceivables30To59DaysPastDueMember2021-03-310001381668us-gaap:FinancingReceivables60To89DaysPastDueMember2021-03-310001381668us-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2021-03-310001381668tfsl:FinancialAssetPastDueMember2021-03-310001381668tfsl:FinancialAssetNotPastDueMember2021-03-310001381668tfsl:ResidentialNonHomeTodayMemberus-gaap:FinancingReceivables30To59DaysPastDueMemberus-gaap:ResidentialRealEstateMember2020-09-300001381668tfsl:ResidentialNonHomeTodayMemberus-gaap:FinancingReceivables60To89DaysPastDueMemberus-gaap:ResidentialRealEstateMember2020-09-300001381668tfsl:ResidentialNonHomeTodayMemberus-gaap:ResidentialRealEstateMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2020-09-300001381668tfsl:ResidentialNonHomeTodayMemberus-gaap:ResidentialRealEstateMembertfsl:FinancialAssetPastDueMember2020-09-300001381668tfsl:ResidentialNonHomeTodayMemberus-gaap:ResidentialRealEstateMembertfsl:FinancialAssetNotPastDueMember2020-09-300001381668us-gaap:FinancingReceivables30To59DaysPastDueMembertfsl:ResidentialHomeTodayMemberus-gaap:ResidentialRealEstateMember2020-09-300001381668us-gaap:FinancingReceivables60To89DaysPastDueMembertfsl:ResidentialHomeTodayMemberus-gaap:ResidentialRealEstateMember2020-09-300001381668tfsl:ResidentialHomeTodayMemberus-gaap:ResidentialRealEstateMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2020-09-300001381668tfsl:ResidentialHomeTodayMemberus-gaap:ResidentialRealEstateMembertfsl:FinancialAssetPastDueMember2020-09-300001381668tfsl:ResidentialHomeTodayMemberus-gaap:ResidentialRealEstateMembertfsl:FinancialAssetNotPastDueMember2020-09-300001381668us-gaap:FinancingReceivables30To59DaysPastDueMembertfsl:EquityLoansAndLinesOfCreditMemberus-gaap:ResidentialRealEstateMember2020-09-300001381668us-gaap:FinancingReceivables60To89DaysPastDueMembertfsl:EquityLoansAndLinesOfCreditMemberus-gaap:ResidentialRealEstateMember2020-09-300001381668tfsl:EquityLoansAndLinesOfCreditMemberus-gaap:ResidentialRealEstateMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2020-09-300001381668tfsl:EquityLoansAndLinesOfCreditMemberus-gaap:ResidentialRealEstateMembertfsl:FinancialAssetPastDueMember2020-09-300001381668tfsl:EquityLoansAndLinesOfCreditMemberus-gaap:ResidentialRealEstateMembertfsl:FinancialAssetNotPastDueMember2020-09-300001381668us-gaap:FinancingReceivables30To59DaysPastDueMemberus-gaap:ResidentialRealEstateMemberus-gaap:ConstructionLoansMember2020-09-300001381668us-gaap:FinancingReceivables60To89DaysPastDueMemberus-gaap:ResidentialRealEstateMemberus-gaap:ConstructionLoansMember2020-09-300001381668us-gaap:ResidentialRealEstateMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMemberus-gaap:ConstructionLoansMember2020-09-300001381668us-gaap:ResidentialRealEstateMemberus-gaap:ConstructionLoansMembertfsl:FinancialAssetPastDueMember2020-09-300001381668us-gaap:ResidentialRealEstateMembertfsl:FinancialAssetNotPastDueMemberus-gaap:ConstructionLoansMember2020-09-300001381668us-gaap:FinancingReceivables30To59DaysPastDueMemberus-gaap:ResidentialRealEstateMember2020-09-300001381668us-gaap:FinancingReceivables60To89DaysPastDueMemberus-gaap:ResidentialRealEstateMember2020-09-300001381668us-gaap:ResidentialRealEstateMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2020-09-300001381668us-gaap:ResidentialRealEstateMembertfsl:FinancialAssetPastDueMember2020-09-300001381668us-gaap:ResidentialRealEstateMembertfsl:FinancialAssetNotPastDueMember2020-09-300001381668tfsl:OtherLoansMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2020-09-300001381668tfsl:OtherLoansMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2020-09-300001381668tfsl:OtherLoansMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2020-09-300001381668tfsl:OtherLoansMembertfsl:FinancialAssetPastDueMember2020-09-300001381668tfsl:OtherLoansMembertfsl:FinancialAssetNotPastDueMember2020-09-300001381668us-gaap:FinancingReceivables30To59DaysPastDueMember2020-09-300001381668us-gaap:FinancingReceivables60To89DaysPastDueMember2020-09-300001381668us-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2020-09-300001381668tfsl:FinancialAssetPastDueMember2020-09-300001381668tfsl:FinancialAssetNotPastDueMember2020-09-300001381668us-gaap:FinancingReceivables30To59DaysPastDueMemberus-gaap:ResidentialRealEstateMembertfsl:COVID19ForbearanceShortTermRepaymentMember2021-03-310001381668us-gaap:FinancingReceivables60To89DaysPastDueMemberus-gaap:ResidentialRealEstateMembertfsl:COVID19ForbearanceShortTermRepaymentMember2021-03-310001381668us-gaap:ResidentialRealEstateMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMembertfsl:COVID19ForbearanceShortTermRepaymentMember2021-03-310001381668us-gaap:FinancingReceivables30To59DaysPastDueMemberus-gaap:ResidentialRealEstateMembertfsl:COVID19ForbearanceShortTermRepaymentMember2020-09-300001381668us-gaap:FinancingReceivables60To89DaysPastDueMemberus-gaap:ResidentialRealEstateMembertfsl:COVID19ForbearanceShortTermRepaymentMember2020-09-300001381668us-gaap:ResidentialRealEstateMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMembertfsl:COVID19ForbearanceShortTermRepaymentMember2020-09-300001381668us-gaap:PerformingFinancingReceivableMember2021-03-310001381668us-gaap:PerformingFinancingReceivableMember2020-09-300001381668tfsl:PerformingFinancingReceivableChapter7BankruptcyMember2021-03-310001381668tfsl:PerformingFinancingReceivableChapter7BankruptcyMember2020-09-300001381668tfsl:ActiveForbearancePlansUnpaidInterestMember2021-03-310001381668tfsl:ActiveForbearancePlansUnpaidInterestMember2020-09-300001381668tfsl:ResidentialNonHomeTodayMemberus-gaap:AdjustableRateResidentialMortgageMember2021-03-310001381668tfsl:ResidentialNonHomeTodayMemberus-gaap:AdjustableRateResidentialMortgageMember2020-09-300001381668tfsl:ResidentialHomeTodayMember2020-09-300001381668tfsl:ResidentialHomeTodayMember2021-03-310001381668tfsl:PMICProvidedPrivateMortgageInsuranceMember2020-10-012021-03-310001381668tfsl:PMICProvidedPrivateMortgageInsuranceMember2021-03-310001381668tfsl:PMICProvidedPrivateMortgageInsuranceMember2020-09-300001381668tfsl:PMICProvidedPrivateMortgageInsuranceMembertfsl:FinancialAssetNotPastDueMember2021-03-310001381668tfsl:PMICProvidedPrivateMortgageInsuranceMembertfsl:FinancialAssetNotPastDueMember2020-09-300001381668tfsl:MGICProvidedPrivateMortgageInsuranceMember2021-03-310001381668tfsl:MGICProvidedPrivateMortgageInsuranceMember2020-09-300001381668tfsl:MGICProvidedPrivateMortgageInsuranceMembertfsl:FinancialAssetNotPastDueMember2021-03-310001381668tfsl:MGICProvidedPrivateMortgageInsuranceMembertfsl:FinancialAssetNotPastDueMember2020-09-30tfsl:loans0001381668tfsl:LoanSalesMember2021-01-012021-03-310001381668tfsl:LoanSalesMember2020-10-012021-03-310001381668tfsl:LoanSalesInContractsPendingSettlementMember2020-10-012021-03-310001381668tfsl:NoPendingContractsMember2020-01-012020-03-310001381668tfsl:NoPendingContractsMember2019-10-012020-03-310001381668srt:MaximumMembertfsl:LTV85PercentPriorToMarch262020Memberus-gaap:ConstructionLoansMember2021-03-310001381668tfsl:TroubledDebtRestructuringMemberus-gaap:PerformingFinancingReceivableMembertfsl:PresentValueOfCashFlowsMember2021-03-310001381668tfsl:TroubledDebtRestructuringMemberus-gaap:PerformingFinancingReceivableMembertfsl:PresentValueOfCashFlowsMember2020-09-300001381668tfsl:FurtherDeteriorationInFairValueOfCollateralMember2021-03-310001381668tfsl:FurtherDeteriorationInFairValueOfCollateralMember2020-09-300001381668tfsl:ResidentialNonHomeTodayMembertfsl:InitialRestructuringMember2021-03-310001381668tfsl:ResidentialNonHomeTodayMembertfsl:MultipleRestructuringsMember2021-03-310001381668tfsl:ResidentialNonHomeTodayMembertfsl:Chapter7BankruptcyDischargedMember2021-03-310001381668tfsl:ResidentialNonHomeTodayMember2021-03-310001381668tfsl:ResidentialHomeTodayMembertfsl:InitialRestructuringMember2021-03-310001381668tfsl:MultipleRestructuringsMembertfsl:ResidentialHomeTodayMember2021-03-310001381668tfsl:ResidentialHomeTodayMembertfsl:Chapter7BankruptcyDischargedMember2021-03-310001381668tfsl:EquityLoansAndLinesOfCreditMembertfsl:InitialRestructuringMember2021-03-310001381668tfsl:MultipleRestructuringsMembertfsl:EquityLoansAndLinesOfCreditMember2021-03-310001381668tfsl:EquityLoansAndLinesOfCreditMembertfsl:Chapter7BankruptcyDischargedMember2021-03-310001381668tfsl:EquityLoansAndLinesOfCreditMember2021-03-310001381668tfsl:InitialRestructuringMember2021-03-310001381668tfsl:MultipleRestructuringsMember2021-03-310001381668tfsl:Chapter7BankruptcyDischargedMember2021-03-310001381668tfsl:ResidentialNonHomeTodayMembertfsl:InitialRestructuringMember2020-09-300001381668tfsl:ResidentialNonHomeTodayMembertfsl:MultipleRestructuringsMember2020-09-300001381668tfsl:ResidentialNonHomeTodayMembertfsl:Chapter7BankruptcyDischargedMember2020-09-300001381668tfsl:ResidentialNonHomeTodayMember2020-09-300001381668tfsl:ResidentialHomeTodayMembertfsl:InitialRestructuringMember2020-09-300001381668tfsl:MultipleRestructuringsMembertfsl:ResidentialHomeTodayMember2020-09-300001381668tfsl:ResidentialHomeTodayMembertfsl:Chapter7BankruptcyDischargedMember2020-09-300001381668tfsl:EquityLoansAndLinesOfCreditMembertfsl:InitialRestructuringMember2020-09-300001381668tfsl:MultipleRestructuringsMembertfsl:EquityLoansAndLinesOfCreditMember2020-09-300001381668tfsl:EquityLoansAndLinesOfCreditMembertfsl:Chapter7BankruptcyDischargedMember2020-09-300001381668tfsl:EquityLoansAndLinesOfCreditMember2020-09-300001381668tfsl:InitialRestructuringMember2020-09-300001381668tfsl:MultipleRestructuringsMember2020-09-300001381668tfsl:Chapter7BankruptcyDischargedMember2020-09-300001381668tfsl:ResidentialNonHomeTodayMembertfsl:InitialRestructuringMember2021-01-012021-03-310001381668tfsl:ResidentialNonHomeTodayMembertfsl:MultipleRestructuringsMember2021-01-012021-03-310001381668tfsl:ResidentialNonHomeTodayMembertfsl:Chapter7BankruptcyDischargedMember2021-01-012021-03-310001381668tfsl:ResidentialNonHomeTodayMember2021-01-012021-03-310001381668tfsl:ResidentialHomeTodayMembertfsl:InitialRestructuringMember2021-01-012021-03-310001381668tfsl:MultipleRestructuringsMembertfsl:ResidentialHomeTodayMember2021-01-012021-03-310001381668tfsl:ResidentialHomeTodayMembertfsl:Chapter7BankruptcyDischargedMember2021-01-012021-03-310001381668tfsl:ResidentialHomeTodayMember2021-01-012021-03-310001381668tfsl:EquityLoansAndLinesOfCreditMembertfsl:InitialRestructuringMember2021-01-012021-03-310001381668tfsl:MultipleRestructuringsMembertfsl:EquityLoansAndLinesOfCreditMember2021-01-012021-03-310001381668tfsl:EquityLoansAndLinesOfCreditMembertfsl:Chapter7BankruptcyDischargedMember2021-01-012021-03-310001381668tfsl:EquityLoansAndLinesOfCreditMember2021-01-012021-03-310001381668tfsl:InitialRestructuringMember2021-01-012021-03-310001381668tfsl:MultipleRestructuringsMember2021-01-012021-03-310001381668tfsl:Chapter7BankruptcyDischargedMember2021-01-012021-03-310001381668tfsl:ResidentialNonHomeTodayMembertfsl:InitialRestructuringMember2020-01-012020-03-310001381668tfsl:ResidentialNonHomeTodayMembertfsl:MultipleRestructuringsMember2020-01-012020-03-310001381668tfsl:ResidentialNonHomeTodayMembertfsl:Chapter7BankruptcyDischargedMember2020-01-012020-03-310001381668tfsl:ResidentialNonHomeTodayMember2020-01-012020-03-310001381668tfsl:ResidentialHomeTodayMembertfsl:InitialRestructuringMember2020-01-012020-03-310001381668tfsl:MultipleRestructuringsMembertfsl:ResidentialHomeTodayMember2020-01-012020-03-310001381668tfsl:ResidentialHomeTodayMembertfsl:Chapter7BankruptcyDischargedMember2020-01-012020-03-310001381668tfsl:ResidentialHomeTodayMember2020-01-012020-03-310001381668tfsl:EquityLoansAndLinesOfCreditMembertfsl:InitialRestructuringMember2020-01-012020-03-310001381668tfsl:MultipleRestructuringsMembertfsl:EquityLoansAndLinesOfCreditMember2020-01-012020-03-310001381668tfsl:EquityLoansAndLinesOfCreditMembertfsl:Chapter7BankruptcyDischargedMember2020-01-012020-03-310001381668tfsl:EquityLoansAndLinesOfCreditMember2020-01-012020-03-310001381668tfsl:InitialRestructuringMember2020-01-012020-03-310001381668tfsl:MultipleRestructuringsMember2020-01-012020-03-310001381668tfsl:Chapter7BankruptcyDischargedMember2020-01-012020-03-310001381668tfsl:ResidentialNonHomeTodayMembertfsl:InitialRestructuringMember2020-10-012021-03-310001381668tfsl:ResidentialNonHomeTodayMembertfsl:MultipleRestructuringsMember2020-10-012021-03-310001381668tfsl:ResidentialNonHomeTodayMembertfsl:Chapter7BankruptcyDischargedMember2020-10-012021-03-310001381668tfsl:ResidentialNonHomeTodayMember2020-10-012021-03-310001381668tfsl:ResidentialHomeTodayMembertfsl:InitialRestructuringMember2020-10-012021-03-310001381668tfsl:MultipleRestructuringsMembertfsl:ResidentialHomeTodayMember2020-10-012021-03-310001381668tfsl:ResidentialHomeTodayMembertfsl:Chapter7BankruptcyDischargedMember2020-10-012021-03-310001381668tfsl:ResidentialHomeTodayMember2020-10-012021-03-310001381668tfsl:EquityLoansAndLinesOfCreditMembertfsl:InitialRestructuringMember2020-10-012021-03-310001381668tfsl:MultipleRestructuringsMembertfsl:EquityLoansAndLinesOfCreditMember2020-10-012021-03-310001381668tfsl:EquityLoansAndLinesOfCreditMembertfsl:Chapter7BankruptcyDischargedMember2020-10-012021-03-310001381668tfsl:EquityLoansAndLinesOfCreditMember2020-10-012021-03-310001381668tfsl:InitialRestructuringMember2020-10-012021-03-310001381668tfsl:MultipleRestructuringsMember2020-10-012021-03-310001381668tfsl:Chapter7BankruptcyDischargedMember2020-10-012021-03-310001381668tfsl:ResidentialNonHomeTodayMembertfsl:InitialRestructuringMember2019-10-012020-03-310001381668tfsl:ResidentialNonHomeTodayMembertfsl:MultipleRestructuringsMember2019-10-012020-03-310001381668tfsl:ResidentialNonHomeTodayMembertfsl:Chapter7BankruptcyDischargedMember2019-10-012020-03-310001381668tfsl:ResidentialNonHomeTodayMember2019-10-012020-03-310001381668tfsl:ResidentialHomeTodayMembertfsl:InitialRestructuringMember2019-10-012020-03-310001381668tfsl:MultipleRestructuringsMembertfsl:ResidentialHomeTodayMember2019-10-012020-03-310001381668tfsl:ResidentialHomeTodayMembertfsl:Chapter7BankruptcyDischargedMember2019-10-012020-03-310001381668tfsl:ResidentialHomeTodayMember2019-10-012020-03-310001381668tfsl:EquityLoansAndLinesOfCreditMembertfsl:InitialRestructuringMember2019-10-012020-03-310001381668tfsl:MultipleRestructuringsMembertfsl:EquityLoansAndLinesOfCreditMember2019-10-012020-03-310001381668tfsl:EquityLoansAndLinesOfCreditMembertfsl:Chapter7BankruptcyDischargedMember2019-10-012020-03-310001381668tfsl:EquityLoansAndLinesOfCreditMember2019-10-012020-03-310001381668tfsl:InitialRestructuringMember2019-10-012020-03-310001381668tfsl:MultipleRestructuringsMember2019-10-012020-03-310001381668tfsl:Chapter7BankruptcyDischargedMember2019-10-012020-03-31tfsl:contracts0001381668us-gaap:SpecialMentionMembertfsl:ResidentialHomeTodayMemberus-gaap:ResidentialRealEstateMember2021-03-310001381668us-gaap:SubstandardMemberus-gaap:ResidentialRealEstateMemberus-gaap:ConstructionLoansMember2021-03-310001381668tfsl:ResidentialNonHomeTodayMemberus-gaap:PassMemberus-gaap:ResidentialRealEstateMember2021-03-310001381668tfsl:ResidentialNonHomeTodayMemberus-gaap:SpecialMentionMemberus-gaap:ResidentialRealEstateMember2021-03-310001381668tfsl:ResidentialNonHomeTodayMemberus-gaap:SubstandardMemberus-gaap:ResidentialRealEstateMember2021-03-310001381668us-gaap:PassMembertfsl:ResidentialHomeTodayMemberus-gaap:ResidentialRealEstateMember2021-03-310001381668us-gaap:SubstandardMembertfsl:ResidentialHomeTodayMemberus-gaap:ResidentialRealEstateMember2021-03-310001381668us-gaap:PassMembertfsl:EquityLoansAndLinesOfCreditMemberus-gaap:ResidentialRealEstateMember2021-03-310001381668us-gaap:SpecialMentionMembertfsl:EquityLoansAndLinesOfCreditMemberus-gaap:ResidentialRealEstateMember2021-03-310001381668us-gaap:SubstandardMembertfsl:EquityLoansAndLinesOfCreditMemberus-gaap:ResidentialRealEstateMember2021-03-310001381668us-gaap:PassMemberus-gaap:ResidentialRealEstateMemberus-gaap:ConstructionLoansMember2021-03-310001381668us-gaap:SpecialMentionMemberus-gaap:ResidentialRealEstateMemberus-gaap:ConstructionLoansMember2021-03-310001381668us-gaap:PassMemberus-gaap:ResidentialRealEstateMember2021-03-310001381668us-gaap:SpecialMentionMemberus-gaap:ResidentialRealEstateMember2021-03-310001381668us-gaap:SubstandardMemberus-gaap:ResidentialRealEstateMember2021-03-310001381668tfsl:ResidentialNonHomeTodayMemberus-gaap:PassMemberus-gaap:ResidentialRealEstateMember2020-09-300001381668tfsl:ResidentialNonHomeTodayMemberus-gaap:SpecialMentionMembertfsl:PerformingAtTimeOfPurchaseMemberus-gaap:ResidentialRealEstateMember2020-09-300001381668tfsl:ResidentialNonHomeTodayMemberus-gaap:SubstandardMemberus-gaap:ResidentialRealEstateMember2020-09-300001381668tfsl:ResidentialNonHomeTodayMemberus-gaap:ResidentialRealEstateMemberus-gaap:UnlikelyToBeCollectedFinancingReceivableMember2020-09-300001381668us-gaap:PassMembertfsl:ResidentialHomeTodayMemberus-gaap:ResidentialRealEstateMember2020-09-300001381668us-gaap:SpecialMentionMembertfsl:ResidentialHomeTodayMemberus-gaap:ResidentialRealEstateMember2020-09-300001381668us-gaap:SubstandardMembertfsl:ResidentialHomeTodayMemberus-gaap:ResidentialRealEstateMember2020-09-300001381668tfsl:ResidentialHomeTodayMemberus-gaap:ResidentialRealEstateMemberus-gaap:UnlikelyToBeCollectedFinancingReceivableMember2020-09-300001381668us-gaap:PassMembertfsl:EquityLoansAndLinesOfCreditMemberus-gaap:ResidentialRealEstateMember2020-09-300001381668us-gaap:SpecialMentionMembertfsl:EquityLoansAndLinesOfCreditMemberus-gaap:ResidentialRealEstateMember2020-09-300001381668us-gaap:SubstandardMembertfsl:EquityLoansAndLinesOfCreditMemberus-gaap:ResidentialRealEstateMember2020-09-300001381668tfsl:EquityLoansAndLinesOfCreditMemberus-gaap:ResidentialRealEstateMemberus-gaap:UnlikelyToBeCollectedFinancingReceivableMember2020-09-300001381668us-gaap:PassMemberus-gaap:ResidentialRealEstateMemberus-gaap:ConstructionLoansMember2020-09-300001381668us-gaap:SpecialMentionMemberus-gaap:ResidentialRealEstateMemberus-gaap:ConstructionLoansMember2020-09-300001381668us-gaap:SubstandardMemberus-gaap:ResidentialRealEstateMemberus-gaap:ConstructionLoansMember2020-09-300001381668us-gaap:ResidentialRealEstateMemberus-gaap:UnlikelyToBeCollectedFinancingReceivableMemberus-gaap:ConstructionLoansMember2020-09-300001381668us-gaap:PassMemberus-gaap:ResidentialRealEstateMember2020-09-300001381668us-gaap:SpecialMentionMemberus-gaap:ResidentialRealEstateMember2020-09-300001381668us-gaap:SubstandardMemberus-gaap:ResidentialRealEstateMember2020-09-300001381668us-gaap:ResidentialRealEstateMemberus-gaap:UnlikelyToBeCollectedFinancingReceivableMember2020-09-300001381668us-gaap:PassMembertfsl:TroubledDebtRestructuringMemberus-gaap:PerformingFinancingReceivableMember2021-03-310001381668us-gaap:PassMembertfsl:TroubledDebtRestructuringMemberus-gaap:PerformingFinancingReceivableMember2020-09-300001381668tfsl:ResidentialNonHomeTodayMemberus-gaap:SpecialMentionMembertfsl:PerformingAtTimeOfPurchaseMemberus-gaap:ResidentialRealEstateMember2021-03-310001381668tfsl:OtherLoansMemberus-gaap:NonperformingFinancingReceivableMember2021-03-310001381668tfsl:OtherLoansMemberus-gaap:NonperformingFinancingReceivableMember2020-09-300001381668tfsl:ResidentialNonHomeTodayMemberus-gaap:ResidentialRealEstateMember2020-12-310001381668tfsl:ResidentialNonHomeTodayMemberus-gaap:ResidentialRealEstateMember2021-01-012021-03-310001381668tfsl:ResidentialHomeTodayMemberus-gaap:ResidentialRealEstateMember2020-12-310001381668tfsl:ResidentialHomeTodayMemberus-gaap:ResidentialRealEstateMember2021-01-012021-03-310001381668tfsl:EquityLoansAndLinesOfCreditMemberus-gaap:ResidentialRealEstateMember2020-12-310001381668tfsl:EquityLoansAndLinesOfCreditMemberus-gaap:ResidentialRealEstateMember2021-01-012021-03-310001381668us-gaap:ResidentialRealEstateMemberus-gaap:ConstructionLoansMember2020-12-310001381668us-gaap:ResidentialRealEstateMemberus-gaap:ConstructionLoansMember2021-01-012021-03-310001381668us-gaap:ResidentialRealEstateMember2020-12-310001381668us-gaap:ResidentialRealEstateMember2021-01-012021-03-310001381668us-gaap:UnfundedLoanCommitmentMember2020-12-310001381668us-gaap:UnfundedLoanCommitmentMember2021-01-012021-03-310001381668us-gaap:UnfundedLoanCommitmentMember2021-03-310001381668tfsl:ResidentialNonHomeTodayMemberus-gaap:ResidentialRealEstateMember2019-12-310001381668tfsl:ResidentialNonHomeTodayMemberus-gaap:ResidentialRealEstateMember2020-01-012020-03-310001381668tfsl:ResidentialNonHomeTodayMemberus-gaap:ResidentialRealEstateMember2020-03-310001381668tfsl:ResidentialHomeTodayMemberus-gaap:ResidentialRealEstateMember2019-12-310001381668tfsl:ResidentialHomeTodayMemberus-gaap:ResidentialRealEstateMember2020-01-012020-03-310001381668tfsl:ResidentialHomeTodayMemberus-gaap:ResidentialRealEstateMember2020-03-310001381668tfsl:EquityLoansAndLinesOfCreditMemberus-gaap:ResidentialRealEstateMember2019-12-310001381668tfsl:EquityLoansAndLinesOfCreditMemberus-gaap:ResidentialRealEstateMember2020-01-012020-03-310001381668tfsl:EquityLoansAndLinesOfCreditMemberus-gaap:ResidentialRealEstateMember2020-03-310001381668us-gaap:ResidentialRealEstateMemberus-gaap:ConstructionLoansMember2019-12-310001381668us-gaap:ResidentialRealEstateMemberus-gaap:ConstructionLoansMember2020-01-012020-03-310001381668us-gaap:ResidentialRealEstateMemberus-gaap:ConstructionLoansMember2020-03-310001381668us-gaap:ResidentialRealEstateMember2019-12-310001381668us-gaap:ResidentialRealEstateMember2020-01-012020-03-310001381668us-gaap:ResidentialRealEstateMember2020-03-310001381668tfsl:ResidentialNonHomeTodayMemberus-gaap:ResidentialRealEstateMembersrt:CumulativeEffectPeriodOfAdoptionAdjustmentMemberus-gaap:AccountingStandardsUpdate201613Member2020-09-300001381668tfsl:ResidentialNonHomeTodayMemberus-gaap:ResidentialRealEstateMember2020-10-012021-03-310001381668tfsl:ResidentialHomeTodayMemberus-gaap:ResidentialRealEstateMembersrt:CumulativeEffectPeriodOfAdoptionAdjustmentMemberus-gaap:AccountingStandardsUpdate201613Member2020-09-300001381668tfsl:ResidentialHomeTodayMemberus-gaap:ResidentialRealEstateMember2020-10-012021-03-310001381668tfsl:EquityLoansAndLinesOfCreditMemberus-gaap:ResidentialRealEstateMembersrt:CumulativeEffectPeriodOfAdoptionAdjustmentMemberus-gaap:AccountingStandardsUpdate201613Member2020-09-300001381668tfsl:EquityLoansAndLinesOfCreditMemberus-gaap:ResidentialRealEstateMember2020-10-012021-03-310001381668us-gaap:ResidentialRealEstateMembersrt:CumulativeEffectPeriodOfAdoptionAdjustmentMemberus-gaap:AccountingStandardsUpdate201613Memberus-gaap:ConstructionLoansMember2020-09-300001381668us-gaap:ResidentialRealEstateMemberus-gaap:ConstructionLoansMember2020-10-012021-03-310001381668us-gaap:ResidentialRealEstateMembersrt:CumulativeEffectPeriodOfAdoptionAdjustmentMemberus-gaap:AccountingStandardsUpdate201613Member2020-09-300001381668us-gaap:ResidentialRealEstateMember2020-10-012021-03-310001381668us-gaap:UnfundedLoanCommitmentMember2020-09-300001381668srt:CumulativeEffectPeriodOfAdoptionAdjustmentMemberus-gaap:AccountingStandardsUpdate201613Memberus-gaap:UnfundedLoanCommitmentMember2020-09-300001381668us-gaap:UnfundedLoanCommitmentMember2020-10-012021-03-310001381668tfsl:ResidentialNonHomeTodayMemberus-gaap:ResidentialRealEstateMember2019-09-300001381668tfsl:ResidentialNonHomeTodayMemberus-gaap:ResidentialRealEstateMember2019-10-012020-03-310001381668tfsl:ResidentialHomeTodayMemberus-gaap:ResidentialRealEstateMember2019-09-300001381668tfsl:ResidentialHomeTodayMemberus-gaap:ResidentialRealEstateMember2019-10-012020-03-310001381668tfsl:EquityLoansAndLinesOfCreditMemberus-gaap:ResidentialRealEstateMember2019-09-300001381668tfsl:EquityLoansAndLinesOfCreditMemberus-gaap:ResidentialRealEstateMember2019-10-012020-03-310001381668us-gaap:ResidentialRealEstateMemberus-gaap:ConstructionLoansMember2019-09-300001381668us-gaap:ResidentialRealEstateMemberus-gaap:ConstructionLoansMember2019-10-012020-03-310001381668us-gaap:ResidentialRealEstateMember2019-09-300001381668us-gaap:ResidentialRealEstateMember2019-10-012020-03-310001381668tfsl:ResidentialNonHomeTodayMember2019-10-012020-09-300001381668tfsl:ResidentialHomeTodayMember2019-10-012020-09-300001381668tfsl:EquityLoansAndLinesOfCreditMember2019-10-012020-09-3000013816682019-10-012020-09-300001381668tfsl:SavingsAccountsRangeexcludingMMAPercentageMember2021-03-310001381668tfsl:SavingsAccountsRangeexcludingMMAPercentageMember2020-09-300001381668us-gaap:MoneyMarketFundsMember2021-03-310001381668us-gaap:MoneyMarketFundsMember2020-09-300001381668us-gaap:FederalHomeLoanBankAdvancesMember2020-10-012021-03-310001381668us-gaap:FederalHomeLoanBankAdvancesMember2019-10-012020-03-310001381668us-gaap:InterestRateSwapMember2021-03-310001381668us-gaap:InterestRateSwapMembertfsl:EffectiveMaturityYear1Member2021-03-310001381668us-gaap:InterestRateSwapMembertfsl:EffectiveMaturityYear2Member2021-03-310001381668us-gaap:InterestRateSwapMembertfsl:EffectiveMaturityYear3Member2021-03-310001381668us-gaap:InterestRateSwapMembertfsl:EffectiveMaturityYear4Member2021-03-310001381668us-gaap:InterestRateSwapMembertfsl:EffectiveMaturityYear5Member2021-03-310001381668tfsl:EffectiveMaturityAfterYear5Memberus-gaap:InterestRateSwapMember2021-03-310001381668us-gaap:FederalHomeLoanBankAdvancesMember2019-10-012020-09-300001381668us-gaap:InterestRateSwapMemberus-gaap:ContractTerminationMember2020-09-300001381668us-gaap:InterestRateSwapMembertfsl:InterestExpenseAndPrepaymentFeesMember2019-10-012020-09-300001381668us-gaap:ContractTerminationMember2020-09-300001381668us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2020-12-310001381668us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember2020-12-310001381668us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2020-12-310001381668us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2019-12-310001381668us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember2019-12-310001381668us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2019-12-310001381668us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2021-01-012021-03-310001381668us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember2021-01-012021-03-310001381668us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2021-01-012021-03-310001381668us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2020-01-012020-03-310001381668us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember2020-01-012020-03-310001381668us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2020-01-012020-03-310001381668us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2021-03-310001381668us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember2021-03-310001381668us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2021-03-310001381668us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2020-03-310001381668us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember2020-03-310001381668us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2020-03-310001381668us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2020-09-300001381668us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember2020-09-300001381668us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2020-09-300001381668us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2019-09-300001381668us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember2019-09-300001381668us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2019-09-300001381668us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2020-10-012021-03-310001381668us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember2020-10-012021-03-310001381668us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2020-10-012021-03-310001381668us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2019-10-012020-03-310001381668us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember2019-10-012020-03-310001381668us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2019-10-012020-03-310001381668us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMemberus-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberus-gaap:InterestRateContractMember2021-01-012021-03-310001381668us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMemberus-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberus-gaap:InterestRateContractMember2020-01-012020-03-310001381668us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMemberus-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberus-gaap:InterestRateContractMember2020-10-012021-03-310001381668us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMemberus-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberus-gaap:InterestRateContractMember2019-10-012020-03-310001381668us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMemberus-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember2021-01-012021-03-310001381668us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMemberus-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember2020-01-012020-03-310001381668us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMemberus-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember2020-10-012021-03-310001381668us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMemberus-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember2019-10-012020-03-310001381668us-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetUnamortizedGainLossMemberus-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember2021-01-012021-03-310001381668us-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetUnamortizedGainLossMemberus-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember2020-01-012020-03-310001381668us-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetUnamortizedGainLossMemberus-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember2020-10-012021-03-310001381668us-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetUnamortizedGainLossMemberus-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember2019-10-012020-03-310001381668us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberus-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2021-01-012021-03-310001381668us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberus-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2020-01-012020-03-310001381668us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberus-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2020-10-012021-03-310001381668us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberus-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2019-10-012020-03-310001381668us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember2021-01-012021-03-310001381668us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember2020-01-012020-03-310001381668us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember2020-10-012021-03-310001381668us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember2019-10-012020-03-310001381668us-gaap:RestrictedStockUnitsRSUMember2019-12-012019-12-310001381668us-gaap:PerformanceSharesMember2019-12-012019-12-310001381668us-gaap:EmployeeStockOptionMember2021-01-012021-03-310001381668us-gaap:EmployeeStockOptionMember2020-01-012020-03-310001381668us-gaap:EmployeeStockOptionMember2020-10-012021-03-310001381668us-gaap:EmployeeStockOptionMember2019-10-012020-03-310001381668us-gaap:RestrictedStockUnitsRSUMember2021-01-012021-03-310001381668us-gaap:RestrictedStockUnitsRSUMember2020-01-012020-03-310001381668us-gaap:RestrictedStockUnitsRSUMember2020-10-012021-03-310001381668us-gaap:RestrictedStockUnitsRSUMember2019-10-012020-03-310001381668us-gaap:PerformanceSharesMember2021-01-012021-03-310001381668us-gaap:PerformanceSharesMember2020-01-012020-03-310001381668us-gaap:PerformanceSharesMember2020-10-012021-03-310001381668us-gaap:PerformanceSharesMember2019-10-012020-03-310001381668us-gaap:RestrictedStockUnitsRSUMember2021-03-310001381668us-gaap:PerformanceSharesMember2021-03-310001381668us-gaap:RestrictedStockUnitsRSUMember2020-12-012020-12-310001381668srt:MinimumMember2020-10-012021-03-310001381668srt:MaximumMember2020-10-012021-03-310001381668tfsl:LoanOriginationCommitmentsFixedRateMember2021-03-310001381668tfsl:LoanOriginationCommitmentsVariableRateMember2021-03-310001381668tfsl:LoanOriginationCommitmentsEquityLoansandLinesofCreditIncludingBridgeLoansMember2021-03-310001381668us-gaap:LoanOriginationCommitmentsMember2021-03-310001381668tfsl:UnfundedCommitmentsEquityLinesofCreditMember2021-03-310001381668tfsl:UnfundedCommitmentsConstructionLoansMember2021-03-310001381668tfsl:UnfundedCommitmentsMember2021-03-310001381668tfsl:UnfundedCommitmentsEquityLinesOfCreditIncludingSuspendedAccountsMember2021-03-310001381668tfsl:LoansHeldForSaleSubjectToPendingAgencyContractIncludingTBAMember2021-03-310001381668tfsl:LoansHeldForSaleSubjectToPendingAgencyContractIncludingTBAMember2020-09-300001381668tfsl:LoansHeldForSaleSubjectToPendingAgencyContractsMember2021-03-310001381668tfsl:LoansHeldForSaleSubjectToPendingAgencyContractsMember2020-09-300001381668tfsl:LoansHeldForSaleSubjectToPendingAgencyContractsMember2021-01-012021-03-310001381668tfsl:LoansHeldForSaleSubjectToPendingAgencyContractsMember2020-10-012021-03-310001381668tfsl:LoansHeldForSaleSubjectToPendingAgencyContractsMember2020-01-012020-03-310001381668tfsl:LoansHeldForSaleSubjectToPendingAgencyContractsMember2019-10-012020-03-310001381668us-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:USGovernmentCorporationsAndAgenciesSecuritiesMember2021-03-310001381668us-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:USGovernmentCorporationsAndAgenciesSecuritiesMember2020-09-300001381668tfsl:CarriedAtCostMemberus-gaap:FairValueInputsLevel2Memberus-gaap:PortionAtOtherThanFairValueFairValueDisclosureMember2021-03-310001381668tfsl:CarriedAtCostMemberus-gaap:FairValueInputsLevel2Memberus-gaap:PortionAtOtherThanFairValueFairValueDisclosureMember2020-09-300001381668tfsl:TroubledDebtRestructuringMemberus-gaap:PerformingFinancingReceivableMembertfsl:PresentValueOfCashFlowsMemberus-gaap:PortionAtOtherThanFairValueFairValueDisclosureMember2021-03-310001381668tfsl:TroubledDebtRestructuringMemberus-gaap:PerformingFinancingReceivableMembertfsl:PresentValueOfCashFlowsMemberus-gaap:PortionAtOtherThanFairValueFairValueDisclosureMember2020-09-300001381668tfsl:TroubledDebtRestructuringMemberus-gaap:PerformingFinancingReceivableMembertfsl:PresentValueOfCashFlowsMemberus-gaap:PortionAtOtherThanFairValueFairValueDisclosureMember2020-03-310001381668us-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:FairValueInputsLevel3Member2021-03-310001381668us-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:FairValueInputsLevel3Member2020-09-300001381668us-gaap:PortionAtOtherThanFairValueFairValueDisclosureMembertfsl:OriginalOrAdjustedCostBasisMember2021-03-310001381668us-gaap:PortionAtOtherThanFairValueFairValueDisclosureMembertfsl:OriginalOrAdjustedCostBasisMember2020-09-300001381668us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:InterestRateSwapMemberus-gaap:CashFlowHedgingMember2021-03-310001381668us-gaap:CollateralizedMortgageObligationsMemberus-gaap:FairValueMeasurementsRecurringMember2021-03-310001381668us-gaap:CollateralizedMortgageObligationsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2021-03-310001381668us-gaap:FairValueInputsLevel2Memberus-gaap:CollateralizedMortgageObligationsMemberus-gaap:FairValueMeasurementsRecurringMember2021-03-310001381668us-gaap:CollateralizedMortgageObligationsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Member2021-03-310001381668us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FederalNationalMortgageAssociationCertificatesAndObligationsFNMAMember2021-03-310001381668us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Memberus-gaap:FederalNationalMortgageAssociationCertificatesAndObligationsFNMAMember2021-03-310001381668us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FederalNationalMortgageAssociationCertificatesAndObligationsFNMAMember2021-03-310001381668us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FederalNationalMortgageAssociationCertificatesAndObligationsFNMAMember2021-03-310001381668us-gaap:FairValueInputsLevel1Membertfsl:LoansHeldForSaleSubjectToPendingAgencyContractsMember2021-03-310001381668us-gaap:FairValueInputsLevel2Membertfsl:LoansHeldForSaleSubjectToPendingAgencyContractsMember2021-03-310001381668us-gaap:FairValueInputsLevel3Membertfsl:LoansHeldForSaleSubjectToPendingAgencyContractsMember2021-03-310001381668us-gaap:InterestRateLockCommitmentsMemberus-gaap:FairValueMeasurementsRecurringMember2021-03-310001381668us-gaap:InterestRateLockCommitmentsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2021-03-310001381668us-gaap:InterestRateLockCommitmentsMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2021-03-310001381668us-gaap:InterestRateLockCommitmentsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Member2021-03-310001381668tfsl:ForwardCommitmentsForSaleOfMortgageLoansMemberus-gaap:FairValueMeasurementsRecurringMember2021-03-310001381668tfsl:ForwardCommitmentsForSaleOfMortgageLoansMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2021-03-310001381668tfsl:ForwardCommitmentsForSaleOfMortgageLoansMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2021-03-310001381668tfsl:ForwardCommitmentsForSaleOfMortgageLoansMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Member2021-03-310001381668us-gaap:FairValueMeasurementsRecurringMember2021-03-310001381668us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2021-03-310001381668us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2021-03-310001381668us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Member2021-03-310001381668us-gaap:CollateralizedMortgageObligationsMemberus-gaap:FairValueMeasurementsRecurringMember2020-09-300001381668us-gaap:CollateralizedMortgageObligationsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2020-09-300001381668us-gaap:FairValueInputsLevel2Memberus-gaap:CollateralizedMortgageObligationsMemberus-gaap:FairValueMeasurementsRecurringMember2020-09-300001381668us-gaap:CollateralizedMortgageObligationsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Member2020-09-300001381668us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FederalNationalMortgageAssociationCertificatesAndObligationsFNMAMember2020-09-300001381668us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Memberus-gaap:FederalNationalMortgageAssociationCertificatesAndObligationsFNMAMember2020-09-300001381668us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FederalNationalMortgageAssociationCertificatesAndObligationsFNMAMember2020-09-300001381668us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FederalNationalMortgageAssociationCertificatesAndObligationsFNMAMember2020-09-300001381668us-gaap:FairValueInputsLevel1Membertfsl:LoansHeldForSaleSubjectToPendingAgencyContractsMember2020-09-300001381668us-gaap:FairValueInputsLevel2Membertfsl:LoansHeldForSaleSubjectToPendingAgencyContractsMember2020-09-300001381668us-gaap:FairValueInputsLevel3Membertfsl:LoansHeldForSaleSubjectToPendingAgencyContractsMember2020-09-300001381668us-gaap:InterestRateLockCommitmentsMemberus-gaap:FairValueMeasurementsRecurringMember2020-09-300001381668us-gaap:InterestRateLockCommitmentsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2020-09-300001381668us-gaap:InterestRateLockCommitmentsMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2020-09-300001381668us-gaap:InterestRateLockCommitmentsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Member2020-09-300001381668us-gaap:FairValueMeasurementsRecurringMember2020-09-300001381668us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2020-09-300001381668us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2020-09-300001381668us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Member2020-09-300001381668tfsl:ForwardCommitmentsForSaleOfMortgageLoansMemberus-gaap:FairValueMeasurementsRecurringMember2020-09-300001381668tfsl:ForwardCommitmentsForSaleOfMortgageLoansMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2020-09-300001381668tfsl:ForwardCommitmentsForSaleOfMortgageLoansMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2020-09-300001381668tfsl:ForwardCommitmentsForSaleOfMortgageLoansMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Member2020-09-300001381668us-gaap:InterestRateLockCommitmentsMemberus-gaap:FairValueInputsLevel3Member2020-12-310001381668us-gaap:InterestRateLockCommitmentsMemberus-gaap:FairValueInputsLevel3Member2019-12-310001381668us-gaap:InterestRateLockCommitmentsMemberus-gaap:FairValueInputsLevel3Member2020-09-300001381668us-gaap:InterestRateLockCommitmentsMemberus-gaap:FairValueInputsLevel3Member2019-09-300001381668us-gaap:InterestRateLockCommitmentsMemberus-gaap:OtherIncomeMemberus-gaap:FairValueInputsLevel3Member2021-01-012021-03-310001381668us-gaap:InterestRateLockCommitmentsMemberus-gaap:OtherIncomeMemberus-gaap:FairValueInputsLevel3Member2020-01-012020-03-310001381668us-gaap:InterestRateLockCommitmentsMemberus-gaap:OtherIncomeMemberus-gaap:FairValueInputsLevel3Member2020-10-012021-03-310001381668us-gaap:InterestRateLockCommitmentsMemberus-gaap:OtherIncomeMemberus-gaap:FairValueInputsLevel3Member2019-10-012020-03-310001381668us-gaap:InterestRateLockCommitmentsMemberus-gaap:FairValueInputsLevel3Member2021-03-310001381668us-gaap:InterestRateLockCommitmentsMemberus-gaap:FairValueInputsLevel3Member2020-03-310001381668us-gaap:InterestRateLockCommitmentsMemberus-gaap:FairValueInputsLevel3Member2021-01-012021-03-310001381668us-gaap:InterestRateLockCommitmentsMemberus-gaap:FairValueInputsLevel3Member2020-01-012020-03-310001381668us-gaap:InterestRateLockCommitmentsMemberus-gaap:FairValueInputsLevel3Member2020-10-012021-03-310001381668us-gaap:InterestRateLockCommitmentsMemberus-gaap:FairValueInputsLevel3Member2019-10-012020-03-310001381668tfsl:CollateralDependentLoansNetMemberus-gaap:FairValueMeasurementsNonrecurringMember2021-03-310001381668tfsl:CollateralDependentLoansNetMemberus-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:FairValueInputsLevel1Member2021-03-310001381668tfsl:CollateralDependentLoansNetMemberus-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:FairValueInputsLevel2Member2021-03-310001381668tfsl:CollateralDependentLoansNetMembertfsl:CollateralValueMemberus-gaap:FairValueInputsLevel3Membertfsl:MeasurementInputDiscountedAppraisedValueMember2021-03-310001381668tfsl:CollateralDependentLoansNetMemberus-gaap:FairValueMeasurementsNonrecurringMember2020-09-300001381668tfsl:CollateralDependentLoansNetMemberus-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:FairValueInputsLevel1Member2020-09-300001381668tfsl:CollateralDependentLoansNetMemberus-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:FairValueInputsLevel2Member2020-09-300001381668tfsl:CollateralDependentLoansNetMembertfsl:CollateralValueMemberus-gaap:FairValueInputsLevel3Membertfsl:MeasurementInputDiscountedAppraisedValueMember2020-09-300001381668us-gaap:FairValueMeasurementsNonrecurringMembertfsl:RealEstateOwnedMember2020-09-300001381668us-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:FairValueInputsLevel1Membertfsl:RealEstateOwnedMember2020-09-300001381668us-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:FairValueInputsLevel2Membertfsl:RealEstateOwnedMember2020-09-300001381668us-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:FairValueInputsLevel3Membertfsl:RealEstateOwnedMember2020-09-300001381668us-gaap:FairValueMeasurementsNonrecurringMember2020-09-300001381668us-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:FairValueInputsLevel1Member2020-09-300001381668us-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:FairValueInputsLevel2Member2020-09-300001381668us-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:FairValueInputsLevel3Member2020-09-300001381668srt:MinimumMembertfsl:CollateralValueMemberus-gaap:FairValueInputsLevel3Membertfsl:MeasurementInputDiscountedAppraisedValueMember2021-03-310001381668srt:MaximumMembertfsl:CollateralValueMemberus-gaap:FairValueInputsLevel3Membertfsl:MeasurementInputDiscountedAppraisedValueMember2021-03-310001381668srt:WeightedAverageMembertfsl:CollateralValueMemberus-gaap:FairValueInputsLevel3Membertfsl:MeasurementInputDiscountedAppraisedValueMember2021-03-310001381668tfsl:MeasurementInputClosureRateMemberus-gaap:InterestRateLockCommitmentsMemberus-gaap:FairValueInputsLevel3Membertfsl:SecondaryMarketPricingMember2021-03-310001381668tfsl:MeasurementInputClosureRateMembersrt:MinimumMemberus-gaap:InterestRateLockCommitmentsMemberus-gaap:FairValueInputsLevel3Membertfsl:SecondaryMarketPricingMember2021-03-310001381668srt:MaximumMembertfsl:MeasurementInputClosureRateMemberus-gaap:InterestRateLockCommitmentsMemberus-gaap:FairValueInputsLevel3Membertfsl:SecondaryMarketPricingMember2021-03-310001381668tfsl:MeasurementInputClosureRateMembersrt:WeightedAverageMemberus-gaap:InterestRateLockCommitmentsMemberus-gaap:FairValueInputsLevel3Membertfsl:SecondaryMarketPricingMember2021-03-310001381668srt:MinimumMembertfsl:CollateralValueMemberus-gaap:FairValueInputsLevel3Membertfsl:MeasurementInputDiscountedAppraisedValueMember2020-09-300001381668srt:MaximumMembertfsl:CollateralValueMemberus-gaap:FairValueInputsLevel3Membertfsl:MeasurementInputDiscountedAppraisedValueMember2020-09-300001381668srt:WeightedAverageMembertfsl:CollateralValueMemberus-gaap:FairValueInputsLevel3Membertfsl:MeasurementInputDiscountedAppraisedValueMember2020-09-300001381668tfsl:MeasurementInputClosureRateMemberus-gaap:InterestRateLockCommitmentsMemberus-gaap:FairValueInputsLevel3Membertfsl:SecondaryMarketPricingMember2020-09-300001381668tfsl:MeasurementInputClosureRateMembersrt:MinimumMemberus-gaap:InterestRateLockCommitmentsMemberus-gaap:FairValueInputsLevel3Membertfsl:SecondaryMarketPricingMember2020-09-300001381668srt:MaximumMembertfsl:MeasurementInputClosureRateMemberus-gaap:InterestRateLockCommitmentsMemberus-gaap:FairValueInputsLevel3Membertfsl:SecondaryMarketPricingMember2020-09-300001381668tfsl:MeasurementInputClosureRateMembersrt:WeightedAverageMemberus-gaap:InterestRateLockCommitmentsMemberus-gaap:FairValueInputsLevel3Membertfsl:SecondaryMarketPricingMember2020-09-300001381668us-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:CashMember2021-03-310001381668us-gaap:CashMember2021-03-310001381668us-gaap:CashMemberus-gaap:FairValueInputsLevel1Member2021-03-310001381668us-gaap:FairValueInputsLevel2Memberus-gaap:CashMember2021-03-310001381668us-gaap:CashMemberus-gaap:FairValueInputsLevel3Member2021-03-310001381668us-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:CashEquivalentsMember2021-03-310001381668us-gaap:CashEquivalentsMember2021-03-310001381668us-gaap:FairValueInputsLevel1Memberus-gaap:CashEquivalentsMember2021-03-310001381668us-gaap:FairValueInputsLevel2Memberus-gaap:CashEquivalentsMember2021-03-310001381668us-gaap:FairValueInputsLevel3Memberus-gaap:CashEquivalentsMember2021-03-310001381668us-gaap:CarryingReportedAmountFairValueDisclosureMember2021-03-310001381668us-gaap:FairValueInputsLevel1Member2021-03-310001381668us-gaap:FairValueInputsLevel2Member2021-03-310001381668us-gaap:FairValueInputsLevel3Member2021-03-310001381668us-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:MortgageReceivablesMember2021-03-310001381668us-gaap:MortgageReceivablesMember2021-03-310001381668us-gaap:FairValueInputsLevel1Memberus-gaap:MortgageReceivablesMember2021-03-310001381668us-gaap:FairValueInputsLevel2Memberus-gaap:MortgageReceivablesMember2021-03-310001381668us-gaap:FairValueInputsLevel3Memberus-gaap:MortgageReceivablesMember2021-03-310001381668us-gaap:CarryingReportedAmountFairValueDisclosureMembertfsl:OtherLoansMember2021-03-310001381668tfsl:OtherLoansMember2021-03-310001381668us-gaap:FairValueInputsLevel1Membertfsl:OtherLoansMember2021-03-310001381668us-gaap:FairValueInputsLevel2Membertfsl:OtherLoansMember2021-03-310001381668us-gaap:FairValueInputsLevel3Membertfsl:OtherLoansMember2021-03-310001381668us-gaap:CarryingReportedAmountFairValueDisclosureMembertfsl:AccruedInterestReceivableMember2021-03-310001381668tfsl:AccruedInterestReceivableMember2021-03-310001381668us-gaap:FairValueInputsLevel1Membertfsl:AccruedInterestReceivableMember2021-03-310001381668us-gaap:FairValueInputsLevel2Membertfsl:AccruedInterestReceivableMember2021-03-310001381668us-gaap:FairValueInputsLevel3Membertfsl:AccruedInterestReceivableMember2021-03-310001381668us-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:DemandDepositsMember2021-03-310001381668us-gaap:DemandDepositsMember2021-03-310001381668us-gaap:FairValueInputsLevel1Memberus-gaap:DemandDepositsMember2021-03-310001381668us-gaap:FairValueInputsLevel2Memberus-gaap:DemandDepositsMember2021-03-310001381668us-gaap:FairValueInputsLevel3Memberus-gaap:DemandDepositsMember2021-03-310001381668us-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:CertificatesOfDepositMember2021-03-310001381668us-gaap:CertificatesOfDepositMember2021-03-310001381668us-gaap:CertificatesOfDepositMemberus-gaap:FairValueInputsLevel1Member2021-03-310001381668us-gaap:CertificatesOfDepositMemberus-gaap:FairValueInputsLevel2Member2021-03-310001381668us-gaap:CertificatesOfDepositMemberus-gaap:FairValueInputsLevel3Member2021-03-310001381668us-gaap:CarryingReportedAmountFairValueDisclosureMembertfsl:AdvancePaymentsbyBorrowersforTaxesAndInsuranceMember2021-03-310001381668tfsl:AdvancePaymentsbyBorrowersforTaxesAndInsuranceMember2021-03-310001381668us-gaap:FairValueInputsLevel1Membertfsl:AdvancePaymentsbyBorrowersforTaxesAndInsuranceMember2021-03-310001381668us-gaap:FairValueInputsLevel2Membertfsl:AdvancePaymentsbyBorrowersforTaxesAndInsuranceMember2021-03-310001381668us-gaap:FairValueInputsLevel3Membertfsl:AdvancePaymentsbyBorrowersforTaxesAndInsuranceMember2021-03-310001381668us-gaap:CarryingReportedAmountFairValueDisclosureMembertfsl:PrincipalInterestAndRelatedEscrowOwedOnLoansServicedMember2021-03-310001381668tfsl:PrincipalInterestAndRelatedEscrowOwedOnLoansServicedMember2021-03-310001381668tfsl:PrincipalInterestAndRelatedEscrowOwedOnLoansServicedMemberus-gaap:FairValueInputsLevel1Member2021-03-310001381668tfsl:PrincipalInterestAndRelatedEscrowOwedOnLoansServicedMemberus-gaap:FairValueInputsLevel2Member2021-03-310001381668tfsl:PrincipalInterestAndRelatedEscrowOwedOnLoansServicedMemberus-gaap:FairValueInputsLevel3Member2021-03-310001381668us-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:CashMember2020-09-300001381668us-gaap:CashMember2020-09-300001381668us-gaap:CashMemberus-gaap:FairValueInputsLevel1Member2020-09-300001381668us-gaap:FairValueInputsLevel2Memberus-gaap:CashMember2020-09-300001381668us-gaap:CashMemberus-gaap:FairValueInputsLevel3Member2020-09-300001381668us-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:CashEquivalentsMember2020-09-300001381668us-gaap:CashEquivalentsMember2020-09-300001381668us-gaap:FairValueInputsLevel1Memberus-gaap:CashEquivalentsMember2020-09-300001381668us-gaap:FairValueInputsLevel2Memberus-gaap:CashEquivalentsMember2020-09-300001381668us-gaap:FairValueInputsLevel3Memberus-gaap:CashEquivalentsMember2020-09-300001381668us-gaap:CarryingReportedAmountFairValueDisclosureMember2020-09-300001381668us-gaap:FairValueInputsLevel1Member2020-09-300001381668us-gaap:FairValueInputsLevel2Member2020-09-300001381668us-gaap:FairValueInputsLevel3Member2020-09-300001381668us-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:MortgageReceivablesMember2020-09-300001381668us-gaap:MortgageReceivablesMember2020-09-300001381668us-gaap:FairValueInputsLevel1Memberus-gaap:MortgageReceivablesMember2020-09-300001381668us-gaap:FairValueInputsLevel2Memberus-gaap:MortgageReceivablesMember2020-09-300001381668us-gaap:FairValueInputsLevel3Memberus-gaap:MortgageReceivablesMember2020-09-300001381668us-gaap:CarryingReportedAmountFairValueDisclosureMembertfsl:OtherLoansMember2020-09-300001381668tfsl:OtherLoansMember2020-09-300001381668us-gaap:FairValueInputsLevel1Membertfsl:OtherLoansMember2020-09-300001381668us-gaap:FairValueInputsLevel2Membertfsl:OtherLoansMember2020-09-300001381668us-gaap:FairValueInputsLevel3Membertfsl:OtherLoansMember2020-09-300001381668us-gaap:CarryingReportedAmountFairValueDisclosureMembertfsl:AccruedInterestReceivableMember2020-09-300001381668tfsl:AccruedInterestReceivableMember2020-09-300001381668us-gaap:FairValueInputsLevel1Membertfsl:AccruedInterestReceivableMember2020-09-300001381668us-gaap:FairValueInputsLevel2Membertfsl:AccruedInterestReceivableMember2020-09-300001381668us-gaap:FairValueInputsLevel3Membertfsl:AccruedInterestReceivableMember2020-09-300001381668us-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:DemandDepositsMember2020-09-300001381668us-gaap:DemandDepositsMember2020-09-300001381668us-gaap:FairValueInputsLevel1Memberus-gaap:DemandDepositsMember2020-09-300001381668us-gaap:FairValueInputsLevel2Memberus-gaap:DemandDepositsMember2020-09-300001381668us-gaap:FairValueInputsLevel3Memberus-gaap:DemandDepositsMember2020-09-300001381668us-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:CertificatesOfDepositMember2020-09-300001381668us-gaap:CertificatesOfDepositMember2020-09-300001381668us-gaap:CertificatesOfDepositMemberus-gaap:FairValueInputsLevel1Member2020-09-300001381668us-gaap:CertificatesOfDepositMemberus-gaap:FairValueInputsLevel2Member2020-09-300001381668us-gaap:CertificatesOfDepositMemberus-gaap:FairValueInputsLevel3Member2020-09-300001381668us-gaap:CarryingReportedAmountFairValueDisclosureMembertfsl:AdvancePaymentsbyBorrowersforTaxesAndInsuranceMember2020-09-300001381668tfsl:AdvancePaymentsbyBorrowersforTaxesAndInsuranceMember2020-09-300001381668us-gaap:FairValueInputsLevel1Membertfsl:AdvancePaymentsbyBorrowersforTaxesAndInsuranceMember2020-09-300001381668us-gaap:FairValueInputsLevel2Membertfsl:AdvancePaymentsbyBorrowersforTaxesAndInsuranceMember2020-09-300001381668us-gaap:FairValueInputsLevel3Membertfsl:AdvancePaymentsbyBorrowersforTaxesAndInsuranceMember2020-09-300001381668us-gaap:CarryingReportedAmountFairValueDisclosureMembertfsl:PrincipalInterestAndRelatedEscrowOwedOnLoansServicedMember2020-09-300001381668tfsl:PrincipalInterestAndRelatedEscrowOwedOnLoansServicedMember2020-09-300001381668tfsl:PrincipalInterestAndRelatedEscrowOwedOnLoansServicedMemberus-gaap:FairValueInputsLevel1Member2020-09-300001381668tfsl:PrincipalInterestAndRelatedEscrowOwedOnLoansServicedMemberus-gaap:FairValueInputsLevel2Member2020-09-300001381668tfsl:PrincipalInterestAndRelatedEscrowOwedOnLoansServicedMemberus-gaap:FairValueInputsLevel3Member2020-09-300001381668tfsl:ForwardCommitmentsForSaleOfMortgageLoansMemberus-gaap:CarryingReportedAmountFairValueDisclosureMember2020-09-300001381668tfsl:ForwardCommitmentsForSaleOfMortgageLoansMember2020-09-300001381668tfsl:ForwardCommitmentsForSaleOfMortgageLoansMemberus-gaap:FairValueInputsLevel1Member2020-09-300001381668tfsl:ForwardCommitmentsForSaleOfMortgageLoansMemberus-gaap:FairValueInputsLevel2Member2020-09-300001381668tfsl:ForwardCommitmentsForSaleOfMortgageLoansMemberus-gaap:FairValueInputsLevel3Member2020-09-300001381668us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:InterestRateSwapMemberus-gaap:CashFlowHedgingMember2020-10-012021-03-310001381668us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:InterestRateSwapMemberus-gaap:CashFlowHedgingMember2020-10-012020-12-310001381668us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:InterestRateSwapMemberus-gaap:CashFlowHedgingMember2020-09-300001381668us-gaap:OtherAssetsMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:InterestRateSwapMemberus-gaap:CashFlowHedgingMember2021-03-310001381668us-gaap:OtherAssetsMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:InterestRateSwapMemberus-gaap:CashFlowHedgingMember2020-09-300001381668us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:InterestRateSwapMemberus-gaap:CashFlowHedgingMemberus-gaap:OtherLiabilitiesMember2021-03-310001381668us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:InterestRateSwapMemberus-gaap:CashFlowHedgingMemberus-gaap:OtherLiabilitiesMember2020-09-300001381668us-gaap:OtherAssetsMemberus-gaap:NondesignatedMemberus-gaap:InterestRateLockCommitmentsMember2021-03-310001381668us-gaap:OtherAssetsMemberus-gaap:NondesignatedMemberus-gaap:InterestRateLockCommitmentsMember2020-09-300001381668us-gaap:OtherAssetsMemberus-gaap:NondesignatedMembertfsl:ForwardCommitmentsForSaleOfMortgageLoansMember2021-03-310001381668us-gaap:OtherAssetsMemberus-gaap:NondesignatedMembertfsl:ForwardCommitmentsForSaleOfMortgageLoansMember2020-09-300001381668us-gaap:NondesignatedMembertfsl:ForwardCommitmentsForSaleOfMortgageLoansMemberus-gaap:OtherLiabilitiesMember2021-03-310001381668us-gaap:NondesignatedMembertfsl:ForwardCommitmentsForSaleOfMortgageLoansMemberus-gaap:OtherLiabilitiesMember2020-09-300001381668us-gaap:NondesignatedMemberus-gaap:InterestRateLockCommitmentsMember2021-03-310001381668us-gaap:NondesignatedMemberus-gaap:InterestRateLockCommitmentsMember2020-09-300001381668us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:CashFlowHedgingMemberus-gaap:OtherComprehensiveIncomeMember2021-01-012021-03-310001381668us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:CashFlowHedgingMemberus-gaap:OtherComprehensiveIncomeMember2020-01-012020-03-310001381668us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:CashFlowHedgingMemberus-gaap:OtherComprehensiveIncomeMember2020-10-012021-03-310001381668us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:CashFlowHedgingMemberus-gaap:OtherComprehensiveIncomeMember2019-10-012020-03-310001381668us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:InterestExpenseMemberus-gaap:CashFlowHedgingMember2021-01-012021-03-310001381668us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:InterestExpenseMemberus-gaap:CashFlowHedgingMember2020-01-012020-03-310001381668us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:InterestExpenseMemberus-gaap:CashFlowHedgingMember2020-10-012021-03-310001381668us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:InterestExpenseMemberus-gaap:CashFlowHedgingMember2019-10-012020-03-310001381668us-gaap:NondesignatedMemberus-gaap:OtherIncomeMemberus-gaap:InterestRateLockCommitmentsMember2021-01-012021-03-310001381668us-gaap:NondesignatedMemberus-gaap:OtherIncomeMemberus-gaap:InterestRateLockCommitmentsMember2020-01-012020-03-310001381668us-gaap:NondesignatedMemberus-gaap:OtherIncomeMemberus-gaap:InterestRateLockCommitmentsMember2020-10-012021-03-310001381668us-gaap:NondesignatedMemberus-gaap:OtherIncomeMemberus-gaap:InterestRateLockCommitmentsMember2019-10-012020-03-310001381668us-gaap:NondesignatedMembertfsl:ForwardCommitmentsForSaleOfMortgageLoansMembertfsl:NetGainLossOnSaleOfMortgageLoansMember2021-01-012021-03-310001381668us-gaap:NondesignatedMembertfsl:ForwardCommitmentsForSaleOfMortgageLoansMembertfsl:NetGainLossOnSaleOfMortgageLoansMember2020-01-012020-03-310001381668us-gaap:NondesignatedMembertfsl:ForwardCommitmentsForSaleOfMortgageLoansMembertfsl:NetGainLossOnSaleOfMortgageLoansMember2020-10-012021-03-310001381668us-gaap:NondesignatedMembertfsl:ForwardCommitmentsForSaleOfMortgageLoansMembertfsl:NetGainLossOnSaleOfMortgageLoansMember2019-10-012020-03-31
Table of Contents

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
________________________________
FORM 10-Q
________________________________
QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the Quarterly Period Ended March 31, 2021
or 
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For transition period from              to             
Commission File Number 001-33390
________________________________________
TFS FINANCIAL CORPORATION
(Exact Name of Registrant as Specified in its Charter)
________________________________________
United States of America 52-2054948
(State or Other Jurisdiction of
Incorporation or Organization)
 (I.R.S. Employer
Identification No.)
7007 Broadway Avenue
Cleveland,Ohio 44105
(Address of Principal Executive Offices) (Zip Code)
(216) 441-6000
Registrant’s telephone number, including area code:
Not Applicable
(Former name, former address and former fiscal year, if changed since last report)
________________________________________
Securities registered pursuant to Section 12(b) of the Act
Title of each classTrading Symbol(s)Name of each exchange in which registered
Common Stock, par value $0.01 per shareTFSLThe NASDAQ Stock Market, LLC

Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.    Yes  x    No  ¨
Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).    Yes  x    No  ¨
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer” “smaller reporting company,” and "emerging growth company" in Rule 12b-2 of the Exchange Act.
Large accelerated filer x  Accelerated filer ¨
Non-accelerated filer o  Smaller Reporting Company 
Emerging Growth Company
If an emerging company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Indicate by check mark whether the Registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).    Yes       No  x
As of May 4, 2021, there were 280,616,473 shares of the Registrant’s common stock, par value $0.01 per share, outstanding, of which 227,119,132 shares, or 80.9% of the Registrant’s common stock, were held by Third Federal Savings and Loan Association of Cleveland, MHC, the Registrant’s mutual holding company.


Table of Contents

TFS Financial Corporation
INDEX
  Page
PART l – FINANCIAL INFORMATION
Item 1.
March 31, 2021 and September 30, 2020
Three and Six Months Ended March 31, 2021 and 2020
Three and Six Months Ended March 31, 2021 and 2020
Three and Six Months Ended March 31, 2021 and 2020
Six Months Ended March 31, 2021 and 2020
Item 2.
Item 3.
Item 4.
Item 1.
Item 1A.
Item 2.
Item 3.
Item 4.
Item 5.
Item 6.

2

Table of Contents

GLOSSARY OF TERMS
TFS Financial Corporation provides the following list of acronyms and defined terms as a tool for the reader. The acronyms and defined terms identified below are used throughout the document.
ACT: Tax Cuts and Jobs Act
FHFA: Federal Housing Finance Agency
AOCI: Accumulated Other Comprehensive Income
FHLB: Federal Home Loan Bank
ARM: Adjustable Rate Mortgage
FICO: Financing Corporation
ASC: Accounting Standards Codification
FRB-Cleveland: Federal Reserve Bank of Cleveland
ASU: Accounting Standards Update
Freddie Mac: Federal Home Loan Mortgage Corporation
Association: Third Federal Savings and Loan
FRS: Board of Governors of the Federal Reserve System
Association of Cleveland
GAAP: Generally Accepted Accounting Principles
BOLI: Bank Owned Life Insurance
Ginnie Mae: Government National Mortgage Association
CARES Act: Coronavirus Aid, Relief and Economic Security
GVA: General Valuation Allowances
Act
HPI: Home Price Index
CDs: Certificates of Deposit
IRR: Interest Rate Risk
CECL: Current Expected Credit Losses
IRS: Internal Revenue Service
CFPB: Consumer Financial Protection Bureau
IVA: Individual Valuation Allowance
CLTV: Combined Loan-to-Value
LIHTC: Low Income Housing Tax Credit
Company: TFS Financial Corporation and its
LIP: Loans-in-Process
subsidiaries
LTV: Loan-to-Value
DFA: Dodd-Frank Wall Street Reform and Consumer
MGIC: Mortgage Guaranty Insurance Corporation
Protection Act
OCC: Office of the Comptroller of the Currency
EaR: Earnings at Risk
OCI: Other Comprehensive Income
EPS: Earnings per Share
PMI: Private Mortgage Insurance
ESOP: Third Federal Employee (Associate) Stock
PMIC: PMI Mortgage Insurance Co.
Ownership Plan
REMICs: Real Estate Mortgage Investment Conduits
EVE: Economic Value of Equity
SEC: United States Securities and Exchange Commission
Fannie Mae: Federal National Mortgage Association
TDR: Troubled Debt Restructuring
FASB: Financial Accounting Standards Board
Third Federal Savings, MHC: Third Federal Savings
FDIC: Federal Deposit Insurance Corporation
and Loan Association of Cleveland, MHC



3

Table of Contents

Item 1. Financial Statements
TFS FINANCIAL CORPORATION AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CONDITION (unaudited)
(In thousands, except share data)
March 31,
2021
September 30,
2020
ASSETS
Cash and due from banks$23,424 $25,270 
Other interest-earning cash equivalents641,976 472,763 
Cash and cash equivalents665,400 498,033 
Investment securities available for sale (amortized cost $417,365 and $447,384, respectively)421,021 453,438 
Mortgage loans held for sale ($24,509 and $36,078 measured at fair value, respectively)63,441 36,871 
Loans held for investment, net:
Mortgage loans12,702,473 13,104,959 
Other loans2,482 2,581 
Deferred loan expenses, net44,422 42,459 
Allowance for credit losses on loans(67,749)(46,937)
Loans, net12,681,628 13,103,062 
Mortgage loan servicing rights, net8,974 7,860 
Federal Home Loan Bank stock, at cost162,783 136,793 
Real estate owned, net 185 
Premises, equipment, and software, net39,845 41,594 
Accrued interest receivable33,055 36,634 
Bank owned life insurance contracts294,022 222,919 
Other assets94,615 104,832 
TOTAL ASSETS$14,464,784 $14,642,221 
LIABILITIES AND SHAREHOLDERS’ EQUITY
Deposits$9,238,411 $9,225,554 
Borrowed funds3,293,717 3,521,745 
Borrowers’ advances for insurance and taxes94,108 111,536 
Principal, interest, and related escrow owed on loans serviced46,100 45,895 
Accrued expenses and other liabilities88,977 65,638 
Total liabilities12,761,313 12,970,368 
Commitments and contingent liabilities
Preferred stock, $0.01 par value, 100,000,000 shares authorized, none issued and outstanding  
Common stock, $0.01 par value, 700,000,000 shares authorized; 332,318,750 shares issued; 280,616,132 and 280,150,006 outstanding at March 31, 2021 and September 30, 2020, respectively3,323 3,323 
Paid-in capital1,742,681 1,742,714 
Treasury stock, at cost; 51,702,618 and 52,168,744 shares at March 31, 2021 and September 30, 2020, respectively(766,407)(767,649)
Unallocated ESOP shares(37,917)(40,084)
Retained earnings—substantially restricted849,394 865,514 
Accumulated other comprehensive loss(87,603)(131,965)
Total shareholders’ equity1,703,471 1,671,853 
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY$14,464,784 $14,642,221 
See accompanying notes to unaudited interim consolidated financial statements.
4

Table of Contents

TFS FINANCIAL CORPORATION AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF INCOME (unaudited)
(In thousands, except share and per share data)
 For the Three Months EndedFor the Six Months Ended
March 31,March 31,
 2021202020212020
INTEREST AND DIVIDEND INCOME:
Loans, including fees$96,175 $115,203 $196,301 $230,428 
Investment securities available for sale966 2,911 1,953 5,775 
Other interest and dividend earning assets814 1,412 1,630 3,375 
Total interest and dividend income97,955 119,526 199,884 239,578 
INTEREST EXPENSE:
Deposits24,545 37,483 52,241 75,799 
Borrowed funds14,999 17,005 30,489 34,556 
Total interest expense39,544 54,488 82,730 110,355 
NET INTEREST INCOME58,411 65,038 117,154 129,223 
PROVISION (RELEASE) FOR CREDIT LOSSES(4,000)6,000 (6,000)3,000 
NET INTEREST INCOME AFTER PROVISION (RELEASE) FOR CREDIT LOSSES62,411 59,038 123,154 126,223 
NON-INTEREST INCOME:
Fees and service charges, net of amortization2,460 2,119 4,955 4,265 
Net gain on the sale of loans8,911 3,138 25,354 6,063 
Increase in and death benefits from bank owned life insurance contracts3,807 2,461 5,454 4,022 
Other530 1,229 1,406 6,527 
Total non-interest income15,708 8,947 37,169 20,877 
NON-INTEREST EXPENSE:
Salaries and employee benefits26,672 27,216 55,010 53,101 
Marketing services5,325 4,029 11,058 8,490 
Office property, equipment and software6,395 6,534 12,830 12,980 
Federal insurance premium and assessments2,323 2,768 4,713 5,387 
State franchise tax1,159 1,191 2,310 2,323 
Other expenses6,936 7,820 14,618 14,597 
Total non-interest expense48,810 49,558 100,539 96,878 
INCOME BEFORE INCOME TAXES29,309 18,427 59,784 50,222 
INCOME TAX EXPENSE6,300 1,170 11,773 7,323 
NET INCOME$23,009 $17,257 $48,011 $42,899 
Earnings per share—basic and diluted$0.08 $0.06 $0.17 $0.15 
Weighted average shares outstanding
Basic276,716,978 275,835,243 276,464,037 275,706,011 
Diluted278,593,303 278,101,329 278,291,638 277,990,253 

See accompanying notes to unaudited interim consolidated financial statements.
5

Table of Contents

TFS FINANCIAL CORPORATION AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (unaudited)
(In thousands)
For the Three Months EndedFor the Six Months Ended
March 31,March 31,
2021202020212020
Net income$23,009 $17,257 $48,011 $42,899 
Other comprehensive income (loss), net of tax:
Net change in unrealized gain (losses) on securities available for sale(485)9,253 (1,858)12,176 
Net change in cash flow hedges33,989 (89,769)45,288 (74,564)
Net change in defined benefit plan obligation466 452 932 904 
Total other comprehensive income (loss)33,970 (80,064)44,362 (61,484)
Total comprehensive income (loss)$56,979 $(62,807)$92,373 $(18,585)
See accompanying notes to unaudited interim consolidated financial statements.
6

Table of Contents

TFS FINANCIAL CORPORATION AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY (unaudited)
(In thousands, except share and per share data)
For the Three Months Ended March 31, 2020
 Common
stock
Paid-in
capital
Treasury
stock
Unallocated
common stock
held by ESOP
Retained
earnings
Accumulated other
comprehensive
income (loss)
Total
shareholders’
equity
Balance at December 31, 2019$3,323 $1,736,322 $(766,492)$(43,334)$849,929 $(50,799)$1,728,949 
Net income— — — — 17,257 — 17,257 
Other comprehensive income (loss), net of tax— — — —  (80,064)(80,064)
ESOP shares allocated or committed to be released— 1,050 — 1,083 — — 2,133 
Compensation costs for equity incentive plans— 1,160 — —  — 1,160 
Purchase of treasury stock (1,000 shares)— — (19)— — — (19)
Treasury stock allocated to equity incentive plan—