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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2022
Sep. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 58,407 $ 60,210
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization, and accretion 6,801 5,972
Stock-based compensation expense 5,320 3,981
Trading activity 1,683 42
Provision for credit losses 8,750 4,000
Deferred income taxes (3,807) 1,453
Origination of loans held for sale (70,073) (209,967)
Unrealized and realized gains on loans held for sale (2,433) (4,107)
Proceeds from sale of loans held for sale 67,610 208,777
Amortization and change in fair value of mortgage servicing rights (953) 1,185
Net changes in assets and liabilities which provide (use) cash:    
Securities borrowed 251,358 161,806
Customer, broker-dealer and clearing receivables 61,015 (53,677)
Other assets (6,347) (112,925)
Securities loaned (267,511) (189,483)
Customer, broker-dealer and clearing payables (65,484) (25,385)
Accounts payable and other liabilities 26,485 18,949
Net cash provided by (used in) operating activities 70,821 (129,169)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of investment securities 0 (7,033)
Proceeds from sale and repayment of securities 1,029 128,506
Purchase of stock of regulatory agencies (54,964) (8,219)
Proceeds from redemption of stock of regulatory agencies 54,964 8,219
Origination of loans held for investment (2,486,224) (2,050,587)
Proceeds from sale of loans held for investment 13,965 12,100
Mortgage warehouse loans activity, net 103,812  
Mortgage warehouse loans activity, net   41,692
Proceeds from sales of other real estate owned and repossessed assets 719 621
Acquisition of business activity, net of cash acquired (5,009) (54,597)
Purchases of loans and leases, net of discounts and premiums (51) (7,481)
Principal repayments on loans 1,229,390 1,620,886
Purchases of furniture, equipment, software and intangibles (7,921) (3,943)
Net cash used in investing activities (1,150,290) (403,220)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net increase in deposits 1,230,209 931,645
Payments of the Federal Home Loan Bank term advances (5,000) (10,000)
Net repayment of Federal Home Loan Bank other advances 0 (186,000)
Net proceeds (repayments) of other borrowings (19,500) 34,400
Tax payments related to settlement of restricted stock units (2,891) (5,999)
Net cash provided by financing activities 1,202,818 764,046
NET CHANGE IN CASH AND CASH EQUIVALENTS 123,349 231,657
CASH AND CASH EQUIVALENTS—Beginning of year 1,574,699 1,037,777
CASH AND CASH EQUIVALENTS—End of period 1,698,048 1,269,434
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Interest paid on deposits and borrowed funds 42,429 14,989
Income taxes paid 37,277 29,955
Transfers to other real estate and repossessed vehicles 5,522 140
Transfers from loans held for investment to loans held for sale 0 12,100
Transfers from loans held for sale to loans held for investment $ 682 $ 376