The performance of loans modified for borrowers experiencing financial difficulty is closely monitored by the Company to evaluate the effectiveness of modification efforts. Modifications made to borrowers experiencing financial difficulty that subsequently become 90 days or more past due under the modified terms are considered subsequently defaulted. The following table provides information, by type of modification, about loans that were modified within the last 12 months and subsequently defaulted during the three and nine months ended June 30, 2025 and June 30, 2024. There were no home equity loans that subsequently defaulted for the three and nine months ended June 30, 2025 and June 30, 2024. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | For the Three Months Ended June 30, 2025 | | Interest Rate Reduction | | Term Extension | | Significant Payment Delay | | Combination-Rate Reduction & Term Extension | | Other | | Total | | Residential Core | $ | — | | | $ | — | | | $ | 297 | | | $ | — | | | $ | 333 | | | $ | 630 | | | Residential Home Today | — | | | — | | | 43 | | | — | | | 3 | | | 46 | | | Home equity lines of credit | — | | | — | | | 31 | | | — | | | — | | | 31 | | | | | | | | | | | | | | | | | | | | | | | | | | | Total | $ | — | | | $ | — | | | $ | 371 | | | $ | — | | | $ | 336 | | | $ | 707 | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | For the Three Months Ended June 30, 2024 | | Interest Rate Reduction | | Term Extension | | Significant Payment Delay | | Combination-Rate Reduction & Term Extension | | Other | | Total | | Residential Core | $ | — | | | $ | — | | | $ | 22 | | | $ | 14 | | | $ | — | | | $ | 36 | | | Residential Home Today | — | | | — | | | 16 | | | — | | | — | | | 16 | | | Home equity lines of credit | — | | | — | | | 101 | | | — | | | — | | | 101 | | | | | | | | | | | | | | | | | | | | | | | | | | Total1 | $ | — | | | $ | — | | | $ | 139 | | | $ | 14 | | | $ | — | | | $ | 153 | | | | | | | | | | | | | |
(1) The Company adopted ASU 2022-02 - Financial Instruments - Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures effective October 1, 2023, therefore, the June 30, 2024 presentation only includes loans modified since adoption. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | For the Nine Months Ended June 30, 2025 | | Interest Rate Reduction | | Term Extension | | Significant Payment Delay | | Combination-Rate Reduction & Term Extension | | Other | | Total | | Residential Core | $ | — | | | $ | — | | | $ | 297 | | | $ | — | | | $ | 333 | | | $ | 630 | | | Residential Home Today | — | | | — | | | 43 | | | — | | | 3 | | | 46 | | | Home equity lines of credit | — | | | — | | | 31 | | | — | | | — | | | 31 | | | | | | | | | | | | | | | | | | | | | | | | | | | Total | $ | — | | | $ | — | | | $ | 371 | | | $ | — | | | $ | 336 | | | $ | 707 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | For the Nine Months Ended June 30, 2024 | | Interest Rate Reduction | | Term Extension | | Significant Payment Delay | | Combination-Rate Reduction & Term Extension | | Other | | Total | | Residential Core | $ | — | | | $ | — | | | $ | 22 | | | $ | 14 | | | $ | — | | | $ | 36 | | | Residential Home Today | — | | | — | | | 16 | | | — | | | — | | | 16 | | | Home equity lines of credit | — | | | — | | | 195 | | | — | | | — | | | 195 | | | | | | | | | | | | | | | | | | | | | | | | | | Total1 | $ | — | | | $ | — | | | $ | 233 | | | $ | 14 | | | $ | — | | | $ | 247 | | | | | | | | | | | | | |
(1) The Company adopted ASU 2022-02 - Financial Instruments - Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures effective October 1, 2023, therefore, the June 30, 2024 presentation only includes loans modified since adoption. |