v3.26.1
Goodwill and Other Intangible Assets
12 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Goodwill and Other Intangible Assets Goodwill and Other Intangible Assets
The Company performed the annual goodwill impairment analyses in the fourth quarter of its fiscal year ended June 30, 2026. Based on the results of its qualitative impairment analysis, the Company determined it is more-likely-than-not that the fair value of its single reporting unit exceeded its respective carrying value and a quantitative impairment test was not required.
For the fiscal year ended June 30, 2024, a non-cash, pre-tax goodwill impairment of $97.4 million was recorded. The goodwill impairment had no impact on the Company’s liquidity and regulatory capital ratios.
GoodwillCore Deposit Intangibles
(In Thousands)
Balance at June 30, 2023$210,895 $2,457 
Amortization— (526)
Impairment(97,370)— 
Balance at June 30, 2024113,525 1,931 
Amortization— (495)
Balance at June 30, 2025113,525 1,436 
Amortization— (468)
Balance at June 30, 2026$113,525 $968 
As of June 30, 2026, the accumulated goodwill impairment remained at $97.4 million, unchanged from June 30, 2025.
Scheduled amortization of core deposit intangibles for each of the next five years and thereafter is as follows:
Year Ending June 30,Core Deposit Intangible Amortization
(In Thousands)
2027$441 
2028353 
2029121 
203053 
2031— 
Thereafter—