CASH 2018 Annual Report

148 NOTE 12. INCOME TAXES The Company and its subsidiaries file a consolidated federal income tax return on a fiscal year basis. The provision for income taxes for the years presented below consisted of the following: Years ended September 30, 2018 2017 2016 (Dollars in Thousands) Federal: Current $ (4,023) $ 12,153 $ 4,410 Deferred 5,895 (5,040) (440) 1,872 7,113 3,970 State: Current 2,611 4,366 1,422 Deferred 634 (1,246) 210 3,245 3,120 1,632 Income tax expense $ 5,117 $ 10,233 $ 5,602