v3.22.4
Loans Held For Sale (Tables)
 6 Months Ended
Dec. 31, 2022
Receivables [Abstract]  
Schedule of Loans Held for Sale
Loans held for sale, at the lower of cost or fair value, consist of the following as of the dates indicated:
December 31, 2022June 30, 2022
One-to-four family$26 $4,176 
SBA37,375 14,774 
HELOCs35,376 60,357 
Total loans held for sale, at the lower of cost or fair value$72,777 $79,307 
Loans consist of the following at the dates indicated(1):
December 31, 2022
June 30, 2022
Commercial real estate loans
Construction and land development$328,253 $291,202 
Commercial real estate - owner occupied340,824 335,658 
Commercial real estate - non-owner occupied690,241 662,159 
Multifamily69,156 81,086 
Total commercial real estate loans1,428,474 1,370,105 
Commercial loans
Commercial and industrial194,465 192,652 
Equipment finance426,507 394,541 
Municipal leases135,922 129,766 
PPP loans214 661 
Total commercial loans757,108 717,620 
Residential real estate loans
Construction and land development100,002 81,847 
One-to-four family400,595 354,203 
HELOCs194,296 160,137 
Total residential real estate loans694,893 596,187 
Consumer loans105,148 85,383 
Total loans, net of deferred loan fees and costs2,985,623 2,769,295 
ACL on loans(38,859)(34,690)
Loans, net$2,946,764 $2,734,605 
(1) At December 31, 2022 and June 30, 2022 accrued interest receivable of $10,434 and $7,969 was accounted for separately from the amortized cost basis.
The following tables provide a breakdown between loans identified as CDAs and non-CDAs, by segment and class, and securing collateral, as well as collateral coverage for those loans for the periods indicated below:
Type of Collateral and Extent to Which Collateral Secures Financial AssetsFinancial Assets Not Considered Collateral Dependent
December 31, 2022Residential PropertyInvestment PropertyCommercial PropertyBusiness AssetsTotal
Commercial real estate
Construction and land development$— $— $— $— $328,253 $328,253 
Commercial real estate - owner occupied— — — — 340,824 340,824 
Commercial real estate - non-owner occupied— — — — 690,241 690,241 
Multifamily— — — — 69,156 69,156 
Total commercial real estate— — — — 1,428,474 1,428,474 
Commercial
Commercial and industrial— — — 816 193,649 194,465 
Equipment finance— — — — 426,507 426,507 
Municipal leases— — — — 135,922 135,922 
PPP loans— — — — 214 214 
Total commercial— — — 816 756,292 757,108 
Residential real estate
Construction and land development— — — — 100,002 100,002 
One-to-four family765 — — — 399,830 400,595 
HELOCs— — — — 194,296 194,296 
Total residential real estate765 — — — 694,128 694,893 
Consumer— — — — 105,148 105,148 
Total$765 $— $— $816 $2,984,042 $2,985,623 
Total collateral value$1,293 $— $— $— 
Type of Collateral and Extent to Which Collateral Secures Financial AssetsFinancial Assets Not Considered Collateral Dependent
June 30, 2022Residential PropertyInvestment PropertyCommercial PropertyBusiness AssetsTotal
Commercial real estate
Construction and land development$— $— $— $— $291,202 $291,202 
Commercial real estate - owner occupied— — — — 335,658 335,658 
Commercial real estate - non-owner occupied— — — — 662,159 662,159 
Multifamily— — — — 81,086 81,086 
Total commercial real estate— — — — 1,370,105 1,370,105 
Commercial
Commercial and industrial— — — 2,594 190,058 192,652 
Equipment finance— — — — 394,541 394,541 
Municipal leases— — — — 129,766 129,766 
PPP loans— — — — 661 661 
Total commercial— — — 2,594 715,026 717,620 
Residential real estate
Construction and land development— — — — 81,847 81,847 
One-to-four family1,318 — — — 352,885 354,203 
HELOCs— — — — 160,137 160,137 
Total residential real estate1,318 — — — 594,869 596,187 
Consumer— — — — 85,383 85,383 
Total$1,318 $— $— $2,594 $2,765,383 $2,769,295 
Total collateral value$2,443 $— $— $69