v3.25.2
Fair Value of Financial Instruments (Tables)
 12 Months Ended
Jun. 30, 2025
Fair Value Disclosures [Abstract]  
Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis
Those assets measured at fair value on a recurring basis are summarized below:
June 30, 2025
Quoted
Prices
in Active
Markets for
Identical
Assets
(Level 1)		Significant
Other
Observable
Inputs
(Level 2)		Significant
Unobservable
Inputs
(Level 3)		Total
(In Thousands)
Assets:
Debt securities available for sale:
Asset-backed securities$— $59,498 $— $59,498 
Collateralized loan obligations— 323,245 — 323,245 
Corporate bonds— 140,117 — 140,117 
Total debt securities— 522,860 — 522,860 
Mortgage-backed securities available for sale:
Residential pass-through securities— 357,319 — 357,319 
Commercial pass-through securities— 132,790 — 132,790 
Total mortgage-backed securities— 490,109 — 490,109 
Total securities available for sale$— $1,012,969 $— $1,012,969 
Interest rate contracts$— $16,745 $— $16,745 
Total assets$— $1,029,714 $— $1,029,714 
Liabilities:
Interest rate contracts$— $5,149 $— $5,149 
Total liabilities$— $5,149 $— $5,149 
June 30, 2024
Quoted Prices
in Active
Markets for
Identical
Assets
(Level 1)		Significant
Other
Observable
Inputs
(Level 2)		Significant
Unobservable
Inputs
(Level 3)		Total
(In Thousands)
Assets:
Debt securities available for sale:
Asset-backed securities$— $80,440 $— $80,440 
Collateralized loan obligations— 389,543 — 389,543 
Corporate bonds— 131,797 — 131,797 
Total debt securities— 601,780 — 601,780 
Mortgage-backed securities available for sale:
Residential pass-through securities— 337,264 — 337,264 
Commercial pass-through securities— 133,789 — 133,789 
Total mortgage-backed securities— 471,053 — 471,053 
Total securities available for sale$— $1,072,833 $— $1,072,833 
Interest rate contracts$— $54,362 $— $54,362 
Total assets$— $1,127,195 $— $1,127,195 
Schedule of Assets and Liabilities Measured at Fair Value on a Non-recurring Basis
Those assets measured at fair value on a non-recurring basis are summarized below:
June 30, 2025
Quoted Prices
in Active
Markets for
Identical
Assets
(Level 1)		Significant
Other
Observable
Inputs
(Level 2)		Significant
Unobservable
Inputs
(Level 3)		Total
(In Thousands)
Collateral dependent loans:
Multi-family mortgage$— $— $16,385 $16,385 
Nonresidential mortgage— — 4,697 4,697 
Total$— $— $21,082 $21,082 
June 30, 2024
Quoted Prices
in Active
Markets for
Identical
Assets
(Level 1)		Significant
Other
Observable
Inputs
(Level 2)		Significant
Unobservable
Inputs
(Level 3)		Total
(In Thousands)
Collateral dependent loans:
Multi-family mortgage$— $— $1,896 $1,896 
Nonresidential mortgage— — 5,014 5,014 
Total$— $— $6,910 $6,910 
Schedule of Quantitative Information about Level 3 Fair Value Measurements
The following table presents additional quantitative information about assets measured at fair value on a non-recurring basis and for which the Company has utilized adjusted Level 3 inputs to determine fair value:
June 30, 2025
Fair
Value		Valuation
Techniques		Unobservable
Input		RangeWeighted
Average
(Dollars in Thousands)
Collateral dependent loans:
Multi-family mortgage$16,385 Market valuation of underlying collateral
(1)
Adjustments to reflect current conditions/selling costs
(2)
6.00% - 24.00%
15.08 %
Nonresidential mortgage4,697 Market valuation of underlying collateral
(1)
Adjustments to reflect current conditions/selling costs
(2)
9.44%
9.44 %
Total$21,082 
June 30, 2024
Fair
Value		Valuation
Techniques		Unobservable
Input		RangeWeighted
Average
(Dollars in Thousands)
Collateral dependent loans:
Multi-family mortgage1,896 Market valuation of underlying collateral
(1)
Adjustments to reflect current conditions/selling costs
(2)
13.32%
13.32 %
Nonresidential mortgage5,014 Market valuation of underlying collateral
(1)
Adjustments to reflect current conditions/selling costs
(2)
8.93%
8.93 %
Total$6,910 
________________________________________
(1)    The fair value basis of collateral dependent loans is generally determined based on an independent appraisal of the fair value of a loan’s underlying collateral.
(2)    The fair value basis of collateral dependent loans and other real estate owned is adjusted to reflect management estimates of selling costs including, but not limited to, real estate brokerage commissions and title transfer fees.
(3)    The fair value basis of other real estate owned is generally determined based upon the lower of an independent appraisal of the property’s fair value or the applicable listing price or contracted sales price.
Schedule of Carrying Amounts and Fair Values of Financial Instruments
The following presents the carrying amount, fair value, and placement in the fair value hierarchy of the Company’s financial instruments as of June 30, 2025 and 2024:
June 30, 2025
Carrying
Amount		Fair
Value		Quoted
Prices
in Active
Markets for
Identical
Assets
(Level 1)		Significant
Other
Observable
Inputs
(Level 2)		Significant
Unobservable
Inputs
(Level 3)
(In Thousands)
Financial assets:
Cash and cash equivalents$167,269 $167,269 $167,269 $— $— 
Investment securities available for sale1,012,969 1,012,969 — 1,012,969 — 
Investment securities held to maturity120,217 106,712 — 106,712 — 
Loans held-for-sale5,931 6,069 — 6,069 — 
Net loans receivable5,766,746 5,309,760 — — 5,309,760 
FHLB Stock64,261 — — — — 
Interest receivable28,098 28,098 40 6,930 21,128 
Interest rate contracts16,745 16,745 — 16,745 — 
Financial liabilities:
Deposits other than certificates of deposits$3,698,643 $3,698,643 $3,698,643 $— $— 
Certificates of deposits1,976,574 1,970,863 — — 1,970,863 
Borrowings1,256,491 1,257,269 — — 1,257,269 
Interest payable on deposits5,259 5,259 1,710 — 3,549 
Interest payable on borrowings3,455 3,455 — — 3,455 
Interest rate contracts5,149 5,149 — 5,149 — 
June 30, 2024
Carrying
Amount		Fair
Value		Quoted
Prices
in Active
Markets for
Identical
Assets
(Level 1)		Significant
Other
Observable
Inputs
(Level 2)		Significant
Unobservable
Inputs
(Level 3)
(In Thousands)
Financial assets:
Cash and cash equivalents$63,864 $63,864 $63,864 $— $— 
Investment securities available for sale1,072,833 1,072,833 — 1,072,833 — 
Investment securities held to maturity135,742 119,278 — 119,278 — 
Loans held-for-sale6,036 6,077 — 6,077 — 
Net loans receivable5,687,848 5,114,459 — — 5,114,459 
FHLB Stock80,300 — — — — 
Interest receivable29,521 29,521 11 8,986 20,524 
Interest rate contracts54,362 54,362 — 54,362 — 
Financial liabilities:
Deposits other than certificates of deposits$3,550,762 $3,550,762 $3,550,762 $— $— 
Certificates of deposits1,607,361 1,597,939 — — 1,597,939 
Borrowings1,709,789 1,703,924 — — 1,703,924 
Interest payable on deposits5,662 5,662 3,397 — 2,265 
Interest payable on borrowings7,784 7,784 — — 7,784