XML 15 R4.htm IDEA: XBRL DOCUMENT v3.22.2.2
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
 3 Months Ended
Sep. 30, 2022
Sep. 30, 2021
INTEREST AND DIVIDEND INCOME:    
Loans, including fees $ 208,338 $ 149,176
Securities borrowed and customer receivables 4,384 6,851
Investments 11,064 2,283
Total interest and dividend income 223,786 158,310
INTEREST EXPENSE:    
Deposits 32,505 7,712
Advances from the Federal Home Loan Bank 5,163 1,016
Securities loaned 943 251
Other borrowings 4,700 2,689
Total interest expense 43,311 11,668
Net interest income 180,475 146,642
Provision for credit losses 8,750 4,000
Net interest income, after provision for credit losses 171,725 142,642
NON-INTEREST INCOME:    
Broker-dealer fee income 9,178 6,462
Advisory fee income 6,959 5,304
Banking and service fees 6,514 6,680
Mortgage banking income 3,365 5,270
Prepayment penalty fee income 1,192 2,986
Total non-interest income 27,208 26,702
NON-INTEREST EXPENSE:    
Salaries and related costs 46,996 40,737
Data processing 14,022 12,092
Depreciation and amortization 6,094 5,728
Advertising and promotional 6,370 3,372
Professional services 8,087 4,545
Occupancy and equipment 4,054 3,181
FDIC and regulatory fees 3,735 2,266
Broker-dealer clearing charges 2,829 4,005
General and administrative expense 23,900 8,505
Total non-interest expense 116,087 84,431
Income before taxes 82,846 84,913
INCOME TAXES 24,439 24,703
NET INCOME 58,407 60,210
COMPREHENSIVE INCOME $ 55,570 $ 59,703
Basic earnings per common share (in dollars per share) $ 0.98 $ 1.01
Diluted earnings per common share (in dollars per share) $ 0.97 $ 0.99