The Company performed the annual quantitative goodwill impairment analyses in the fourth quarter of its fiscal year ended June 30, 2025. Based on the results of the impairment analyses, the Company concluded that the fair value of its single reporting unit exceeded its respective carrying value, resulting in no impairment charge. The fair value of the Company’s single reporting unit was estimated using the income approach and market-based approaches, weighted 70% and 30%, respectively.

For the fiscal year ended June 30, 2024, a non-cash, pre-tax goodwill impairment of $97.4 million was recorded. The goodwill impairment had no impact on the Company’s liquidity and regulatory capital ratios.


	Goodwill		Core Deposit Intangibles
	(In Thousands)
Balance at June 30, 2022	$	210,895	$	3,020
Amortization	—		(563)
Balance at June 30, 2023	210,895		2,457
Amortization	—		(526)
Impairment	(97,370)		—
Balance at June 30, 2024	113,525		1,931
Amortization	—		(495)
Balance at June 30, 2025	$	113,525	$	1,436

As of June 30, 2025, the accumulated goodwill impairment remained at $97.4 million, unchanged from June 30, 2024. As of June 30, 2023, there was no accumulated goodwill impairment.

Scheduled amortization of core deposit intangibles for each of the next five years and thereafter is as follows:


Year Ending June 30,	Core Deposit Intangible Amortization
	(In Thousands)
2026	$	467
2027	441
2028	353
2029	122
2030	53
Thereafter	—