v3.25.2
Borrowings (Tables)
12 Months Ended
Jun. 30, 2025
Debt Disclosure [Abstract]  
Schedule of Borrowings
Borrowings at June 30, 2025 and 2024 consisted of the following:
June 30,
2025
June 30,
2024
(In Thousands)
FHLB advances$1,106,491 $1,434,789 
Federal Reserve Bank Term Funding Program ("BTFP")— 100,000 
Total fixed-rate advances1,106,491 1,534,789 
Overnight borrowings(1)
150,000 175,000 
Total borrowings$1,256,491 $1,709,789 
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(1)At June 30, 2025 and June 30, 2024, comprised of FHLB overnight line of credit borrowings.
Schedule of Fixed Rate Advances from FHLB
Fixed-rate advances from FHLB of New York and BTFP borrowings mature as follows:
June 30, 2025June 30, 2024
Balance Weighted
Average
Interest Rate
Balance Weighted
Average
Interest Rate
(Dollars in Thousands)
By remaining period to maturity:
Less than one year$906,500 4.44 %$1,328,500 5.25 %
One to two years— — 6,500 2.82 %
Two to three years200,000 3.98 %— — 
Three to four years— — 200,000 3.98 %
Four to five years— — — — 
Greater than five years— — — — 
Total advances1,106,500 4.36 %1,535,000 5.07 %
Unamortized fair value adjustments(9)(211)
Total advances, net of fair value adjustments$1,106,491 $1,534,789