v3.25.2
Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Jun. 30, 2025
Jun. 30, 2024
Assets    
Cash and amounts due from depository institutions $ 21,864 $ 17,201
Interest-bearing deposits in other banks 145,405 46,663
Cash and cash equivalents 167,269 63,864
Investment securities available for sale (amortized cost of $1,125,111 and $1,203,506, respectively), net of allowance for credit losses of $0 at June 30, 2025 and June 30, 2024 1,012,969 1,072,833
Investment securities held to maturity (fair value of $106,712 and $119,278, respectively), net of allowance for credit losses of $0 at June 30, 2025 and June 30, 2024 120,217 135,742
Loans held-for-sale 5,931 6,036
Loans receivable 5,812,937 5,732,787
Less: allowance for credit losses on loans (46,191) (44,939)
Net loans receivable 5,766,746 5,687,848
Premises and equipment 43,897 44,940
Federal Home Loan Bank ("FHLB") of New York stock 64,261 80,300
Accrued interest receivable 28,098 29,521
Goodwill 113,525 113,525
Core deposit intangibles 1,436 1,931
Bank owned life insurance 304,717 297,874
Deferred income tax assets, net 55,203 50,339
Other assets 56,181 98,708
Total assets 7,740,450 7,683,461
Deposits:    
Non-interest-bearing 582,045 598,366
Interest-bearing 5,093,172 4,559,757
Total deposits 5,675,217 5,158,123
Borrowings 1,256,491 1,709,789
Advance payments by borrowers for taxes 19,317 17,409
Other liabilities 43,463 44,569
Total liabilities $ 6,994,488 $ 6,929,890
Preferred stock, outstanding (in shares) 0 0
Preferred stock, issued (in shares) 0 0
Preferred stock, authorized (in shares) 100,000,000 100,000,000
Preferred stock, par value (in dollars per share) $ 0.01 $ 0.01
Common stock, par value (in dollars per share) $ 0.01 $ 0.01
Common stock, authorized (in shares) 800,000,000 800,000,000
Common stock, outstanding (in shares) 64,434,424 64,434,424
Common stock, issued (in shares) 64,577,481 64,577,481
Stockholders' Equity    
Preferred stock, $0.01 par value, 100,000,000 shares authorized; none issued and outstanding $ 0 $ 0
Common stock, $0.01 par value; 800,000,000 shares authorized; 64,577,481 shares and 64,434,424 shares issued and outstanding, respectively 646 644
Paid-in capital 494,546 493,680
Retained earnings $ 341,744 $ 343,326
Unearned employee stock ownership plan (in shares) 1,956,805 2,157,501
Unearned employee stock ownership plan shares;1,956,805 shares and 2,157,501 shares, respectively $ (18,970) $ (20,916)
Accumulated other comprehensive loss (72,004) (63,163)
Total stockholders' equity 745,962 753,571
Total liabilities and stockholders' equity $ 7,740,450 $ 7,683,461