v3.26.1
FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)
 9 Months Ended
Mar. 31, 2026
Fair Value Disclosures [Abstract]  
Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis
Those assets and liabilities measured at fair value on a recurring basis are summarized below:
March 31, 2026
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$— $55,181 $— $55,181 
Collateralized loan obligations— 226,096 — 226,096 
Corporate bonds— 158,122 — 158,122 
Total debt securities— 439,399 — 439,399 
Mortgage-backed securities available for sale:
Collateralized mortgage obligations— 24,740 — 24,740 
Residential pass-through securities— 389,319 — 389,319 
Commercial pass-through securities— 129,867 — 129,867 
Total mortgage-backed securities— 543,926 — 543,926 
Total securities available for sale$— $983,325 $— $983,325 
Interest rate contracts$— $8,602 $— $8,602 
Total assets$— $991,927 $— $991,927 
Liabilities:
Interest rate contracts$— $771 $— $771 
Total liabilities$— $771 $— $771 
June 30, 2025
Quoted Prices
in Active
Markets for
Identical
Assets
(Level 1)		Significant
Other
Observable
Inputs
(Level 2)		Significant
Unobservable
Inputs
(Level 3)		Total
(In Thousands)
Assets:
Debt securities available for sale:
Asset-backed securities$— $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 $— $5,149 
Schedule of Assets Measured at Fair Value on a Non-recurring Basis
Those assets measured at fair value on a non-recurring basis are summarized below:
March 31, 2026
Quoted Prices
in Active
Markets for
Identical
Assets
(Level 1)		Significant
Other
Observable
Inputs
(Level 2)		Significant
Unobservable
Inputs
(Level 3)		Total
(In Thousands)
Collateral dependent loans:
Multi-family mortgage$— $— $18,748 $18,748 
Nonresidential mortgage— — 4,697 4,697 
Total$— $— $23,445 $23,445 
June 30, 2025
Quoted Prices
in Active
Markets for
Identical
Assets
(Level 1)		Significant
Other
Observable
Inputs
(Level 2)		Significant
Unobservable
Inputs
(Level 3)		Total
(In Thousands)
Collateral dependent loans:
Multi-family mortgage$— $— $16,385 $16,385 
Nonresidential mortgage— — 4,697 4,697 
Total$— $— $21,082 $21,082 
Schedule of Quantitative Information about Level 3 Fair Value Measurements
The following tables present 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:
March 31, 2026
Fair
Value		Valuation
Techniques		Unobservable
Input		RangeWeighted
Average
(Dollars in Thousands)
Collateral dependent loans:
Multi-family mortgage$18,748 Market valuation of underlying collateral
(1)
Adjustments to reflect current conditions/selling costs
(2)
6.00% - 25.00%
12.63 %
Nonresidential mortgage4,697 Market valuation of underlying collateral
(1)
Adjustments to reflect current conditions/selling costs
(2)
9.31%
9.31 %
Total$23,445 
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 
___________________________________
(1)The fair value 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 is adjusted to reflect management’s estimates of selling costs including, but not limited to, real estate brokerage commissions and title transfer fees.
Schedule of Carrying Amounts and Fair Values of Financial Instruments
The following tables present the carrying amount, fair value, and placement in the fair value hierarchy of the Company’s financial instruments as of March 31, 2026 and June 30, 2025:
March 31, 2026
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$123,836 $123,836 $123,836 $— $— 
Investment securities available for sale983,325 983,325 — 983,325 — 
Investment securities held to maturity110,581 99,078 — 99,078 — 
Loans held-for-sale12,183 12,140 — 12,140 — 
Net loans receivable5,734,458 5,418,266 — — 5,418,266 
FHLB Stock55,737 — — — — 
Interest receivable28,304 28,304 36 6,803 21,465 
Interest rate contracts8,602 8,602 — 8,602 — 
Financial liabilities:
Deposits other than certificates of deposits3,770,087 3,770,087 3,770,087 — — 
Certificates of deposits1,958,995 1,953,694 — — 1,953,694 
Borrowings1,060,000 1,060,288 — — 1,060,288 
Interest payable on deposits3,944 3,944 792 — 3,152 
Interest payable on borrowings3,193 3,193 — — 3,193 
Interest rate contracts771 771 — 771 — 
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 deposits3,698,643 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 —