v3.26.1
SECURITIES (Tables)
 9 Months Ended
Mar. 31, 2026
Investments, Debt and Equity Securities [Abstract]  
Schedule of Available-for-sale Securities Reconciliation
The following tables present the amortized cost, gross unrealized gains and losses and estimated fair values for available for sale securities and the amortized cost, gross unrecognized gains and losses and estimated fair values for held to maturity securities as of the dates indicated:
March 31, 2026
Amortized
Cost		Gross
Unrealized
Gains		Gross
Unrealized
Losses		Allowance for
Credit Losses		Fair
Value
(In Thousands)
Available for sale:    
Debt securities:    
Asset-backed securities$55,703 $28 $550 $— $55,181 
Collateralized loan obligations226,167 435 506 — 226,096 
Corporate bonds161,538 1,003 4,419 — 158,122 
Total debt securities443,408 1,466 5,475 — 439,399 
    
Mortgage-backed securities:    
Collateralized mortgage obligations (1)
24,894 — 154 — 24,740 
Residential pass-through securities (1)
462,345 464 73,490 — 389,319 
Commercial pass-through securities (1)
149,512 444 20,089 — 129,867 
Total mortgage-backed securities636,751 908 93,733 — 543,926 
    
Total securities available for sale$1,080,159 $2,374 $99,208 $— $983,325 
___________________________
(1)Government-sponsored enterprises.
June 30, 2025
Amortized
Cost		Gross
Unrealized
Gains		Gross
Unrealized
Losses		Allowance for
Credit Losses		Fair
Value
(In Thousands)
Available for sale:    
Debt securities:    
Asset-backed securities$60,255 $59 $816 $— $59,498 
Collateralized loan obligations322,407 956 118 — 323,245 
Corporate bonds149,550 235 9,668 — 140,117 
Total debt securities532,212 1,250 10,602 — 522,860 
    
Mortgage-backed securities:   
Residential pass-through securities (1)
440,168 329 83,178 — 357,319 
Commercial pass-through securities (1)
152,731 436 20,377 — 132,790 
Total mortgage-backed securities592,899 765 103,555 — 490,109 
   
Total securities available for sale$1,125,111 $2,015 $114,157 $— $1,012,969 
___________________________
(1)Government-sponsored enterprises.
Amortized Cost, Gross Unrecognized Gains and Losses and Fair Values of Securities
March 31, 2026
Amortized
Cost		Gross
Unrecognized
Gains		Gross
Unrecognized
Losses		Allowance for
Credit Losses		Fair
Value
(In Thousands)
Held to maturity:   
Debt securities:    
Obligations of state and political subdivisions$5,666 $— $29 $— $5,637 
Total debt securities5,666 — 29 — 5,637 
    
Mortgage-backed securities:    
Residential pass-through securities (1)
92,758 290 10,476 — 82,572 
Commercial pass-through securities (1)
12,157 — 1,288 — 10,869 
Total mortgage-backed securities104,915 290 11,764 — 93,441 
    
Total securities held to maturity$110,581 $290 $11,793 $— $99,078 
___________________________
(1)Government-sponsored enterprises.
June 30, 2025
Amortized
Cost		Gross
Unrecognized
Gains		Gross
Unrecognized
Losses		Allowance for
Credit Losses		Fair
Value
(In Thousands)
Held to maturity:
Debt securities:
Obligations of state and political subdivisions$7,553 $1 $74 $— $7,480 
Total debt securities7,553 1 74 — 7,480 
  
Mortgage-backed securities:  
Residential pass-through securities (1)
100,482 102 12,024 — 88,560 
Commercial pass-through securities (1)
12,182 — 1,510 — 10,672 
Total mortgage-backed securities112,664 102 13,534 — 99,232 
  
Total securities held to maturity$120,217 $103 $13,608 $— $106,712 
___________________________
(1)Government-sponsored enterprises.
Stratification by Contractual Maturity of Securities
Excluding the balances of mortgage-backed securities, the following tables present the amortized cost and estimated fair values of debt securities available for sale and held to maturity, by contractual maturity, at March 31, 2026:
March 31, 2026
Amortized
Cost		Fair
Value
(In Thousands)
Available for sale debt securities:
Due in one year or less$— $— 
Due after one year through five years34,152 33,766 
Due after five years through ten years240,885 238,300 
Due after ten years168,371 167,333 
Total$443,408 $439,399 
March 31, 2026
Amortized
Cost		Fair
Value
(In Thousands)
Held to maturity debt securities:
Due in one year or less$3,978 $3,966 
Due after one year through five years1,688 1,671 
Due after five years through ten years— — 
Due after ten years— — 
Total$5,666 $5,637 
Schedule of Available-for-Sale Securities Pledged
The carrying value of securities pledged were as follows as of the dates presented below:
March 31,
2026		June 30,
2025
(In Thousands)
Securities pledged:
Pledged to secure public funds on deposit$125,047 $475,234 
Pledged for potential borrowings at the Federal Reserve Bank of New York— 66,811 
Total carrying value of securities pledged$125,047 $542,045 
Debt Securities, Available-for-sale, Unrealized Loss Position, Fair Value
The following tables present the gross unrealized losses on securities and the estimated fair value of the related securities, aggregated by investment category and length of time that securities have been in a continuous unrealized loss position within the available for sale portfolio at March 31, 2026 and June 30, 2025:
March 31, 2026
Less than 12 Months 12 Months or MoreTotal
Fair
Value		Unrealized
Losses		Fair
Value		Unrealized
Losses		Number of SecuritiesFair
Value		Unrealized
Losses
(Dollars in Thousands)
Securities Available for Sale:
Asset-backed securities$1,981 $9 $43,964 $541 7$45,945 $550 
Collateralized loan obligations157,295 502 8,405 4 14165,700 506 
Corporate bonds15,989 36 95,630 4,383 20111,619 4,419 
Collateralized mortgage obligations24,740 154 — — 124,740 154 
Commercial pass-through securities— — 107,248 20,089 7107,248 20,089 
Residential pass-through securities48,514 392 302,720 73,098 95351,234 73,490 
Total$248,519 $1,093 $557,967 $98,115 144$806,486 $99,208 
June 30, 2025
Less than 12 Months12 Months or MoreTotal
Fair
Value		Unrealized
Losses		Fair
Value		Unrealized
Losses		Number of SecuritiesFair
Value		Unrealized
Losses
(Dollars in Thousands)
Securities Available for Sale:
Asset-backed securities$29,860 $493 $18,526 $323 7$48,386 $816 
Collateralized loan obligations105,251 82 14,964 36 8120,215 118 
Corporate bonds1,987 38 112,395 9,630 22114,382 9,668 
Commercial pass-through securities— — 109,817 20,377 7109,817 20,377 
Residential pass-through securities21,942 109 314,871 83,069 99336,813 83,178 
Total$159,040 $722 $570,573 $113,435 143$729,613 $114,157