v3.26.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Consolidated Statements of Cash Flows [Abstract]    
Net income $ 29,684 $ 21,805
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 838 790
Deferred income tax benefit (2,611) (1,877)
Net accretion of investment premiums and discounts (1,646) (259)
Net amortization of deferred loan costs and fees 331 274
Amortization of subordinated debt issuance costs 87 139
Provision for credit losses 1,907 2,196
Bank-owned life insurance income (2,034) (1,910)
Net loss on sale of securities available-for-sale 576 665
Net loss (gain) on equity securities 47 (72)
Net increase in accrued income taxes 534 384
Net increase in accrued interest receivable (3,689) (4,164)
Net increase in prepaid expenses and other assets (328) (1,958)
Net increase (decrease) in accrued expenses and other liabilities 353 (1,248)
Net cash provided by operating activities 24,049 14,765
Securities available-for-sale:    
Proceeds from maturities 176,860 132,556
Proceeds from sale of securities 8,299 6,676
Purchases of securities (457,936) (193,953)
Proceeds from principal payments on securities 261,620 55,971
Securities held-to-maturity:    
Proceeds from maturities 44,469 32,223
Purchases of securities (111,405) (136,916)
Proceeds from principal payments on securities 29,480 13,527
Net (purchase) redemption of Federal Home Loan Bank Stock (45) 3,462
Maturity of long-term certificates of deposit 200 1,185
Purchase of bank owned life insurance (6,345) 0
Net increase in loans receivable (120,901) (120,484)
Purchases of premises and equipment (624) (386)
Net cash used in investing activities (176,328) (206,139)
Cash flows from financing activities:    
Net decrease in short-term borrowings (800) (73,300)
Repayment of long-term borrowings 0 (31,961)
Repayment of subordinated notes payable (20,000) 0
Payment of cash dividends (3,268) (3,772)
Net increase in deposits 132,719 265,495
Net cash provided by financing activities 108,651 156,462
Net decrease in cash and cash equivalents (43,628) (34,912)
Cash and cash equivalents at beginning of period 183,078 190,395
Cash and cash equivalents at end of period 139,450 155,483
Cash paid during period for:    
Interest 41,497 44,490
Income taxes $ 1,845 $ 825