v3.26.1
Segment Reporting
12 Months Ended
Jun. 30, 2026
Segment Reporting  
Segment Reporting

Note 17: Segment Reporting

The Corporation operates as a single reportable segment, providing a broad range of banking and financial services to individuals, businesses, and institutional clients. These services include primarily commercial and consumer lending, deposit products, and to a lesser extent, loan servicing and wealth management services. The commercial and consumer lending business primarily consists of single-family, multi-family and commercial real estate mortgage lending and, to a lesser extent, construction, commercial business, other mortgage and consumer lending. The Corporation’s chief operating decision maker (“CODM”) is the Chief Executive Officer. The CODM relies on the Senior Management Committee, which includes the Senior Vice President – Chief Financial Officer, Senior Vice President – Chief Lending Officer, Senior Vice President – Retail Banking, Senior Vice President – Single Family, and others, to provide detailed financial and operational reports. The CODM regularly evaluates the financial performance of the Corporation and allocates resources accordingly. Key financial performance metrics used by the CODM include net interest income, provision for (recovery of) credit losses, non-interest income, non-interest expenses, net income, diluted earnings per share, return on average assets, return on average equity, net interest margin, efficiency ratio, loans held for investment and deposit balance growth, loans held for investment as a percentage of total deposits, core deposits as a percentage of total deposits, Tier 1 leverage capital ratio, non-performing assets as a percentage of total assets, among others.

The following table presents the financial performance measures that the CODM reviews as of or for the period indicated:

At or For the Year Ended June 30, 

(In Thousands, Except Per Share Information)

  ​ ​ ​

2026

  ​ ​ ​

2025

 

  ​

 

  ​

Interest income

$

55,889

$

56,624

Interest expense

 

19,561

 

21,155

Net interest income

36,328

35,469

Recovery of credit losses

(553)

(666)

Net interest income, after recovery of credit losses

36,881

36,135

Non-interest income

3,726

3,531

Non-interest expense

30,971

30,793

Income before taxes

9,636

8,873

Provision for income taxes

2,981

2,618

Net income

$

6,655

$

6,255

Diluted earnings per share

$

1.03

$

0.93

Return on average assets

0.55

%  

0.50

%  

Return on average equity

5.17

%  

4.79

%  

Net interest margin

3.09

%  

2.93

%  

Efficiency ratio

77.32

%  

78.96

%  

Loans held for investment growth

(1.25)

%  

(0.69)

%  

Deposit growth

2.43

%  

0.05

%  

Loans held for investment as a percentage of total deposits

113.43

%  

117.66

%  

Core deposits as a percentage of total deposits

61.20

%  

64.86

%  

Tier 1 leverage capital ratio

10.30

%  

10.11

%  

Non-performing assets as a percentage of total assets

0.04

%  

0.11

%