v3.26.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities:    
Net Income $ 41,022 $ 31,138
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 1,134 1,065
Deferred income tax benefit (1,647) (706)
Net accretion of investment premiums and discounts (2,384) (301)
Net amortization of deferred loan costs and fees 404 383
Amortization of subordinated debt issuance costs 112 186
Provision for credit losses 2,033 1,316
Bank-owned life insurance income (2,755) (2,545)
Net loss on sale of securities available-for-sale 576 665
Net loss (gain) on equity securities 14 (74)
Net increase in accrued income taxes 437 434
Net increase in accrued interest receivable (803) (2,112)
Net decrease (increase) in prepaid expenses and other assets 416 (4,075)
Net increase in accrued expenses and other liabilities 3,740 2,604
Net cash provided by operating activities 42,299 27,978
Securities available-for-sale:    
Proceeds from maturities 266,800 209,744
Proceeds from sale of securities 8,299 6,676
Purchases of securities (558,112) (271,781)
Proceeds from principal payments on securities 268,032 57,430
Securities held-to-maturity:    
Proceeds from maturities 70,652 58,204
Purchases of securities (136,086) (172,377)
Proceeds from principal payments on securities 39,320 28,102
Net (purchase) redemption of Federal Home Loan Bank Stock (2,273) 1,792
Maturity of long-term certificates of deposit 200 1,400
Purchase of bank owned life insurance (6,345) 0
Net increase in loans receivable (126,678) (128,665)
Purchases of premises and equipment (741) (691)
Net cash used in investing activities (176,932) (210,166)
Cash flows from financing activities:    
Net increase (decrease) in short-term borrowings 45,000 (41,300)
Proceeds from long-term borrowings 1,977 4,189
Repayment of long-term borrowings 0 (34,156)
Repayment of subordinated notes payable (20,000) 0
Purchase of treasury stock (32) 0
Payment of cash dividends (4,049) (4,475)
Net increase in deposits 73,564 250,613
Net cash provided by financing activities 96,460 174,871
Net decrease in cash and cash equivalents (38,173) (7,317)
Cash and cash equivalents at beginning of year 183,078 190,395
Cash and cash equivalents at end of year 144,905 183,078
Cash paid during period for:    
Interest 53,229 57,864
Income taxes $ 2,268 $ 1,168