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v3.23.1

LOANS & ALLOWANCE FOR CREDIT LOSSES (Tables) | 9 Months Ended
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Mar. 31, 2023
Receivables [Abstract] |
Schedule of Composition of the Loan Portfolio | The composition of the loan portfolio was:
(Dollars in thousands) | March 31, 2023 |  | June 30, 2022
Single Family - Mortgage & Warehouse | $ | 4,087,525 |  |  | $ | 3,988,462 |
Multifamily and Commercial Mortgage | 3,082,801 |  |  | 2,877,680 |
Commercial Real Estate | 5,794,304 |  |  | 4,781,044 |
Commercial & Industrial - Non-RE | 2,454,839 |  |  | 2,028,128 |
Auto & Consumer | 594,596 |  |  | 567,228 |
Other | 6,240 |  |  | 11,134 |
Total gross loans and leases | 16,020,305 |  |  | 14,253,676 |
Allowance for credit losses - loans | (161,293) |  |  | (148,617) |
Unaccreted premiums (discounts) and loan and lease fees | (22,757) |  |  | (13,998) |
Total net loans and leases | $ | 15,836,255 |  |  | $ | 14,091,061 |
Schedule of Allowance for Credit Losses on Financing Receivables | The provision for credit losses for the three and nine months ended March 31, 2023 was primarily driven by loan growth, changes in the macroeconomic environment, and changes in loan product mix. Changes in the forecasts of macroeconomic variables drove improvements in the calculations relevant to the probability of default for the Multifamily and Commercial Real Estate portfolios. Loan growth and changes in the product mix within the Commercial and Industrial–Non RE portfolio resulted in an increased allowance. L oan products within each portfolio contain varying collateral types which impact the estimate of the loss given default utilized in the calculation of the allowance. For further discussion of the model method of estimating expected lifetime credit losses to Note 1—“Organizations and Summary of Significant Accounting Policies” contained in the 2022 Form 10-K. Activity in the allowance for credit losses by portfolio classes is as follows.
| For the Three Months Ended March 31, 2023
(Dollars in thousands) | Single Family-Mortgage & Warehouse |  | Multifamily and Commercial Mortgage |  | Commercial Real Estate |  | Commercial & Industrial - Non-RE |  | Auto & Consumer |  | Other |  | Total
Balance at January 1, 2023 | $ | 19,631 |  |  | $ | 15,457 |  |  | $ | 72,168 |  |  | $ | 36,038 |  |  | $ | 13,903 |  |  | $ | 21 |  |  | $ | 157,218 |
Provision (benefit) for credit losses - loans | (1,583) |  |  | (1,156) |  |  | (3,782) |  |  | 10,698 |  |  | 1,329 |  |  | (6) |  |  | 5,500 |
Charge-offs | (9) |  |  | — |  |  | — |  |  | — |  |  | (2,413) |  |  | — |  |  | (2,422) |
Recoveries | 413 |  |  | — |  |  | — |  |  | — |  |  | 584 |  |  | — |  |  | 997 |
Balance at March 31, 2023 | $ | 18,452 |  |  | $ | 14,301 |  |  | $ | 68,386 |  |  | $ | 46,736 |  |  | $ | 13,403 |  |  | $ | 15 |  |  | $ | 161,293 |
| For the Three Months Ended March 31, 2022
(Dollars in thousands) | Single Family-Mortgage & Warehouse |  | Multifamily and Commercial Mortgage |  | Commercial Real Estate |  | Commercial & Industrial - Non-RE |  | Auto & Consumer |  | Other |  | Total
Balance at January 1, 2022 | $ | 25,580 |  |  | $ | 13,628 |  |  | $ | 67,581 |  |  | $ | 22,716 |  |  | $ | 10,921 |  |  | $ | 63 |  |  | $ | 140,489 |
Provision (benefit) for credit losses - loans | (3,797) |  |  | 190 |  |  | 2,248 |  |  | 3,525 |  |  | 2,352 |  |  | (18) |  |  | 4,500 |
Charge-offs | — |  |  | — |  |  | — |  |  | — |  |  | (1,892) |  |  | — |  |  | (1,892) |
Recoveries | 6 |  |  | — |  |  | — |  |  | 27 |  |  | 242 |  |  | — |  |  | 275 |
Balance at March 31, 2022 | $ | 21,789 |  |  | $ | 13,818 |  |  | $ | 69,829 |  |  | $ | 26,268 |  |  | $ | 11,623 |  |  | $ | 45 |  |  | $ | 143,372 |
| For the Nine Months Ended March 31, 2023
(Dollars in thousands) | Single Family-Mortgage & Warehouse |  | Multifamily and Commercial Mortgage |  | Commercial Real Estate |  | Commercial & Industrial - Non-RE |  | Auto & Consumer |  | Other |  | Total
Balance at July 1, 2022 | $ | 19,670 |  |  | $ | 14,655 |  |  | $ | 69,339 |  |  | $ | 30,808 |  |  | $ | 14,114 |  |  | $ | 31 |  |  | $ | 148,617 |
Provision (benefit) for credit losses - loans | (1,347) |  |  | (354) |  |  | (953) |  |  | 15,910 |  |  | 4,510 |  |  | (16) |  |  | 17,750 |
Charge-offs | (307) |  |  | — |  |  | — |  |  | — |  |  | (6,646) |  |  | — |  |  | (6,953) |
Recoveries | 436 |  |  | — |  |  | — |  |  | 18 |  |  | 1,425 |  |  | — |  |  | 1,879 |
Balance at March 31, 2023 | $ | 18,452 |  |  | $ | 14,301 |  |  | $ | 68,386 |  |  | $ | 46,736 |  |  | $ | 13,403 |  |  | $ | 15 |  |  | $ | 161,293 |
| For the Nine Months Ended March 31, 2022
(Dollars in thousands) | Single Family-Mortgage & Warehouse |  | Multifamily and Commercial Mortgage |  | Commercial Real Estate |  | Commercial & Industrial - Non-RE |  | Auto & Consumer |  | Other |  | Total
Balance at July 1, 2021 | $ | 26,604 |  |  | $ | 13,146 |  |  | $ | 57,928 |  |  | $ | 28,460 |  |  | $ | 6,519 |  |  | $ | 301 |  |  | $ | 132,958 |
Provision (benefit) for credit losses - loans | (4,966) |  |  | 495 |  |  | 11,901 |  |  | (1,951) |  |  | 7,277 |  |  | (256) |  |  | 12,500 |
Charge-offs | — |  |  | — |  |  | — |  |  | (322) |  |  | (2,926) |  |  | — |  |  | (3,248) |
Recoveries | 151 |  |  | 177 |  |  | — |  |  | 81 |  |  | 753 |  |  | — |  |  | 1,162 |
Balance at March 31, 2022 | $ | 21,789 |  |  | $ | 13,818 |  |  | $ | 69,829 |  |  | $ | 26,268 |  |  | $ | 11,623 |  |  | $ | 45 |  |  | $ | 143,372 |
The following tables present a summary of the activity in the unfunded loan commitment reserves for the periods indicated:
| Three Months Ended March 31,
(Dollars in thousands) | 2023 |  | 2022
BALANCE—beginning January 1 | $ | 10,474 |  |  | $ | 8,723 |
Provision (benefit) | — |  |  | 1,000 |
BALANCE—end March 31 | $ | 10,474 |  |  | $ | 9,723 |
| Nine Months Ended March 31,
(Dollars in thousands) | 2023 |  | 2022
BALANCE—beginning July 1 | $ | 10,973 |  |  | $ | 5,723 |
Provision (benefit) | (499) |  |  | 4,000 |
BALANCE—end March 31 | $ | 10,474 |  |  | $ | 9,723 |
Schedule of Nonaccrual Loans | Nonaccrual loans consisted of the following as of the dates indicated:
(Dollars in thousands) |  |  |  |  | As of March 31, 2023
Single Family - Mortgage & Warehouse |  |  |  |  | $ | 36,158 |
Multifamily and Commercial Mortgage |  |  |  |  | 37,378 |
Commercial Real Estate |  |  |  |  | 14,852 |
Commercial & Industrial - Non-RE |  |  |  |  | 2,989 |
Auto & Consumer |  |  |  |  | 2,029 |
Other |  |  |  |  | 2,535 |
Total nonaccrual loans |  |  |  |  | $ | 95,941 |
Nonaccrual loans to total loans |  |  |  |  | 0.60 | %
(Dollars in thousands) |  |  |  |  | As of June 30, 2022
Single Family - Mortgage & Warehouse |  |  |  |  | $ | 66,424 |
Multifamily and Commercial Mortgage |  |  |  |  | 33,410 |
Commercial Real Estate |  |  |  |  | 14,852 |
Commercial & Industrial - Non-RE |  |  |  |  | 2,989 |
Auto & Consumer |  |  |  |  | 439 |
Other |  |  |  |  | 80 |
Total nonaccrual loans |  |  |  |  | $ | 118,194 |
Nonaccrual loans to total loans |  |  |  |  | 0.83 | %
Schedule of Outstanding Principal Balance on Loans Performing and Nonaccrual | The outstanding unpaid balance of loans that are either performing or nonaccrual by portfolio class was:
| March 31, 2023
(Dollars in thousands) | Single Family-Mortgage & Warehouse |  | Multifamily and Commercial Mortgage |  | Commercial Real Estate |  | Commercial & Industrial - Non-RE |  | Auto & Consumer |  | Other |  | Total
Performing | $ | 4,051,367 |  |  | $ | 3,045,423 |  |  | $ | 5,779,452 |  |  | $ | 2,451,850 |  |  | $ | 592,567 |  |  | $ | 3,705 |  |  | $ | 15,924,364 |
Nonaccrual | 36,158 |  |  | 37,378 |  |  | 14,852 |  |  | 2,989 |  |  | 2,029 |  |  | 2,535 |  |  | 95,941 |
Total | $ | 4,087,525 |  |  | $ | 3,082,801 |  |  | $ | 5,794,304 |  |  | $ | 2,454,839 |  |  | $ | 594,596 |  |  | $ | 6,240 |  |  | $ | 16,020,305 |
| June 30, 2022
(Dollars in thousands) | Single Family-Mortgage & Warehouse |  | Multifamily and Commercial Mortgage |  | Commercial Real Estate |  | Commercial & Industrial - Non-RE |  | Auto & Consumer |  | Other |  | Total
Performing | $ | 3,922,038 |  |  | $ | 2,844,270 |  |  | $ | 4,766,192 |  |  | $ | 2,025,139 |  |  | $ | 566,789 |  |  | $ | 11,054 |  |  | $ | 14,135,482 |
Nonaccrual | 66,424 |  |  | 33,410 |  |  | 14,852 |  |  | 2,989 |  |  | 439 |  |  | 80 |  |  | 118,194 |
Total | $ | 3,988,462 |  |  | $ | 2,877,680 |  |  | $ | 4,781,044 |  |  | $ | 2,028,128 |  |  | $ | 567,228 |  |  | $ | 11,134 |  |  | $ | 14,253,676 |
Schedule of Composition of Loan and Lease Portfolio by Credit Quality Indicators | The amortized cost basis of the Company’s loans by fiscal year of origination and credit quality indicator are:
| March 31, 2023
| Loans Held for Investment Origination Year |  | Revolving Loans |  |  |  |  |  | Total
(Dollars in thousands) | 2023 |  | 2022 |  | 2021 |  | 2020 |  | 2019 |  | Prior |  |  |  |
Single Family-Mortgage & Warehouse |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass | $ | 620,354 |  |  | $ | 1,372,470 |  |  | $ | 544,804 |  |  | $ | 340,800 |  |  | $ | 263,386 |  |  | $ | 691,390 |  |  | $ | 162,377 |  |  |  |  |  |  | $ | 3,995,581 |
Special Mention | — |  |  | 1,993 |  |  | 5,010 |  |  | 8,094 |  |  | 14,061 |  |  | 11,851 |  |  | — |  |  |  |  |  |  | 41,009 |
Substandard | — |  |  | 3,240 |  |  | 783 |  |  | 17,572 |  |  | 3,166 |  |  | 26,174 |  |  | — |  |  |  |  |  |  | 50,935 |
Doubtful | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  |  |  |  |  | — |
Total | 620,354 |  |  | 1,377,703 |  |  | 550,597 |  |  | 366,466 |  |  | 280,613 |  |  | 729,415 |  |  | 162,377 |  |  |  |  |  |  | 4,087,525 |
Multifamily and Commercial Mortgage |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass | 505,162 |  |  | 973,106 |  |  | 504,075 |  |  | 329,470 |  |  | 225,553 |  |  | 435,306 |  |  | — |  |  |  |  |  |  | 2,972,672 |
Special Mention | — |  |  | 15,695 |  |  | 4,653 |  |  | 1,894 |  |  | 8,249 |  |  | — |  |  | — |  |  |  |  |  |  | 30,491 |
Substandard | — |  |  | 3,146 |  |  | 5,715 |  |  | 31,439 |  |  | 7,399 |  |  | 31,939 |  |  | — |  |  |  |  |  |  | 79,638 |
Doubtful | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  |  |  |  |  | — |
Total | 505,162 |  |  | 991,947 |  |  | 514,443 |  |  | 362,803 |  |  | 241,201 |  |  | 467,245 |  |  | — |  |  |  |  |  |  | 3,082,801 |
Commercial Real Estate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass | 1,100,680 |  |  | 2,500,719 |  |  | 828,507 |  |  | 124,981 |  |  | 118,000 |  |  | 4,000 |  |  | 946,724 |  |  |  |  |  |  | 5,623,611 |
Special Mention | — |  |  | 11,250 |  |  | 26,305 |  |  | 9,618 |  |  | 800 |  |  | 15,000 |  |  |  |  |  |  |  |  | 62,973 |
Substandard | — |  |  | 17,950 |  |  | 58,133 |  |  | — |  |  | 15,487 |  |  | 14,852 |  |  | 1,298 |  |  |  |  |  |  | 107,720 |
Doubtful | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  |  |  |  |  |  |  | — |
Total | 1,100,680 |  |  | 2,529,919 |  |  | 912,945 |  |  | 134,599 |  |  | 134,287 |  |  | 33,852 |  |  | 948,022 |  |  |  |  |  |  | 5,794,304 |
Commercial & Industrial - Non-RE |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass | 398,508 |  |  | 367,212 |  |  | 31,722 |  |  | 23,784 |  |  | 2,898 |  |  | 5,575 |  |  | 1,599,806 |  |  |  |  |  |  | 2,429,505 |
Special Mention | — |  |  | 8,348 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 13,997 |  |  |  |  |  |  | 22,345 |
Substandard | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 2,989 |  |  | — |  |  |  |  |  |  | 2,989 |
Doubtful | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  |  |  |  |  | — |
Total | 398,508 |  |  | 375,560 |  |  | 31,722 |  |  | 23,784 |  |  | 2,898 |  |  | 8,564 |  |  | 1,613,803 |  |  |  |  |  |  | 2,454,839 |
Auto & Consumer |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass | 168,776 |  |  | 279,501 |  |  | 77,909 |  |  | 28,584 |  |  | 23,508 |  |  | 12,770 |  |  | — |  |  |  |  |  |  | 591,048 |
Special Mention | 389 |  |  | 704 |  |  | 102 |  |  | 41 |  |  | 62 |  |  | 61 |  |  | — |  |  |  |  |  |  | 1,359 |
Substandard | 368 |  |  | 1,007 |  |  | 403 |  |  | 200 |  |  | 204 |  |  | 7 |  |  | — |  |  |  |  |  |  | 2,189 |
Doubtful | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  |  |  |  |  | — |
Total | 169,533 |  |  | 281,212 |  |  | 78,414 |  |  | 28,825 |  |  | 23,774 |  |  | 12,838 |  |  | — |  |  |  |  |  |  | 594,596 |
Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass | 1,287 |  |  | — |  |  | 1,425 |  |  | — |  |  | — |  |  | 940 |  |  | — |  |  |  |  |  |  | 3,652 |
Special Mention | — |  |  | — |  |  | 53 |  |  | — |  |  | — |  |  | — |  |  | — |  |  |  |  |  |  | 53 |
Substandard | — |  |  | 2,000 |  |  | — |  |  | — |  |  | — |  |  | 535 |  |  | — |  |  |  |  |  |  | 2,535 |
Doubtful | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  |  |  |  |  | — |
Total | 1,287 |  |  | 2,000 |  |  | 1,478 |  |  | — |  |  | — |  |  | 1,475 |  |  | — |  |  |  |  |  |  | 6,240 |
Total |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass | 2,794,767 |  |  | 5,493,008 |  |  | 1,988,442 |  |  | 847,619 |  |  | 633,345 |  |  | 1,149,981 |  |  | 2,708,907 |  |  |  |  |  |  | 15,616,069 |
Special Mention | 389 |  |  | 37,990 |  |  | 36,123 |  |  | 19,647 |  |  | 23,172 |  |  | 26,912 |  |  | 13,997 |  |  |  |  |  |  | 158,230 |
Substandard | 368 |  |  | 27,343 |  |  | 65,034 |  |  | 49,211 |  |  | 26,256 |  |  | 76,496 |  |  | 1,298 |  |  |  |  |  |  | 246,006 |
Doubtful | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  |  |  |  |  | — |
Total | $ | 2,795,524 |  |  | $ | 5,558,341 |  |  | $ | 2,089,599 |  |  | $ | 916,477 |  |  | $ | 682,773 |  |  | $ | 1,253,389 |  |  | $ | 2,724,202 |  |  |  |  |  |  | $ | 16,020,305 |
As a % of total gross loans | 17.46% |  | 34.70% |  | 13.04% |  | 5.72% |  | 4.26% |  | 7.82% |  | 17.00% |  |  |  |  |  | 100.0%
| June 30, 2022
| Loans Held for Investment Origination Year |  | Revolving Loans |  |  |  |  |  | Total
(Dollars in thousands) | 2022 |  | 2021 |  | 2020 |  | 2019 |  | 2018 |  | Prior |  |  |  |
Single Family-Mortgage & Warehouse |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass | $ | 1,484,027 |  |  | $ | 600,054 |  |  | $ | 402,712 |  |  | $ | 303,999 |  |  | $ | 279,248 |  |  | $ | 548,703 |  |  | $ | 241,925 |  |  |  |  |  |  | $ | 3,860,668 |
Special Mention | — |  |  | — |  |  | 4,790 |  |  | 2,505 |  |  | 4,125 |  |  | 10,971 |  |  | 38,637 |  |  |  |  |  |  | 61,028 |
Substandard | — |  |  | 2,288 |  |  | 3,928 |  |  | 18,407 |  |  | 5,955 |  |  | 36,188 |  |  | — |  |  |  |  |  |  | 66,766 |
Doubtful | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  |  |  |  |  | — |
Total | 1,484,027 |  |  | 602,342 |  |  | 411,430 |  |  | 324,911 |  |  | 289,328 |  |  | 595,862 |  |  | 280,562 |  |  |  |  |  |  | 3,988,462 |
Multifamily and Commercial Mortgage |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass | 999,819 |  |  | 569,486 |  |  | 429,247 |  |  | 259,161 |  |  | 219,548 |  |  | 316,013 |  |  | — |  |  |  |  |  |  | 2,793,274 |
Special Mention | 1,200 |  |  | — |  |  | 534 |  |  | 539 |  |  | — |  |  | 968 |  |  | — |  |  |  |  |  |  | 3,241 |
Substandard | — |  |  | 5,772 |  |  | 34,343 |  |  | 9,613 |  |  | 7,308 |  |  | 24,129 |  |  | — |  |  |  |  |  |  | 81,165 |
Doubtful | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  |  |  |  |  | — |
Total | 1,001,019 |  |  | 575,258 |  |  | 464,124 |  |  | 269,313 |  |  | 226,856 |  |  | 341,110 |  |  | — |  |  |  |  |  |  | 2,877,680 |
Commercial Real Estate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass | 2,482,366 |  |  | 990,887 |  |  | 358,422 |  |  | 186,800 |  |  | 28,758 |  |  | — |  |  | 602,412 |  |  |  |  |  |  | 4,649,645 |
Special Mention | — |  |  | 32,351 |  |  | 12,138 |  |  | 16,487 |  |  | 15,000 |  |  | — |  |  | — |  |  |  |  |  |  | 75,976 |
Substandard | — |  |  | — |  |  | 12,575 |  |  | 18,043 |  |  | 23,507 |  |  | — |  |  | 1,298 |  |  |  |  |  |  | 55,423 |
Doubtful | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  |  |  |  |  | — |
Total | 2,482,366 |  |  | 1,023,238 |  |  | 383,135 |  |  | 221,330 |  |  | 67,265 |  |  | — |  |  | 603,710 |  |  |  |  |  |  | 4,781,044 |
Commercial & Industrial - Non-RE |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass | 435,228 |  |  | 66,226 |  |  | 25,629 |  |  | 61,932 |  |  | 9,268 |  |  | — |  |  | 1,388,435 |  |  |  |  |  |  | 1,986,718 |
Special Mention | 13 |  |  | — |  |  | — |  |  | 186 |  |  | 710 |  |  | — |  |  | — |  |  |  |  |  |  | 909 |
Substandard | 2,988 |  |  | 28,359 |  |  | 9,154 |  |  | — |  |  | — |  |  | — |  |  | — |  |  |  |  |  |  | 40,501 |
Doubtful | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  |  |  |  |  | — |
Total | 438,229 |  |  | 94,585 |  |  | 34,783 |  |  | 62,118 |  |  | 9,978 |  |  | — |  |  | 1,388,435 |  |  |  |  |  |  | 2,028,128 |
Auto & Consumer |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass | 352,468 |  |  | 107,882 |  |  | 43,377 |  |  | 37,008 |  |  | 16,147 |  |  | 8,891 |  |  | — |  |  |  |  |  |  | 565,773 |
Special Mention | 204 |  |  | 188 |  |  | 24 |  |  | 110 |  |  | — |  |  | 1 |  |  | — |  |  |  |  |  |  | 527 |
Substandard | 157 |  |  | 311 |  |  | 224 |  |  | 205 |  |  | 25 |  |  | 6 |  |  | — |  |  |  |  |  |  | 928 |
Doubtful | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  |  |  |  |  | — |
Total | 352,829 |  |  | 108,381 |  |  | 43,625 |  |  | 37,323 |  |  | 16,172 |  |  | 8,898 |  |  | — |  |  |  |  |  |  | 567,228 |
Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass | 3,057 |  |  | 6,185 |  |  | — |  |  | — |  |  | 1,091 |  |  | 721 |  |  | — |  |  |  |  |  |  | 11,054 |
Special Mention | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  |  |  |  |  | — |
Substandard | — |  |  | — |  |  | 46 |  |  | — |  |  | — |  |  | 34 |  |  | — |  |  |  |  |  |  | 80 |
Doubtful | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  |  |  |  |  | — |
Total | 3,057 |  |  | 6,185 |  |  | 46 |  |  | — |  |  | 1,091 |  |  | 755 |  |  | — |  |  |  |  |  |  | 11,134 |
Total |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass | 5,756,965 |  |  | 2,340,720 |  |  | 1,259,387 |  |  | 848,900 |  |  | 554,060 |  |  | 874,328 |  |  | 2,232,772 |  |  |  |  |  |  | 13,867,132 |
Special Mention | 1,417 |  |  | 32,539 |  |  | 17,486 |  |  | 19,827 |  |  | 19,835 |  |  | 11,940 |  |  | 38,637 |  |  |  |  |  |  | 141,681 |
Substandard | 3,145 |  |  | 36,730 |  |  | 60,270 |  |  | 46,268 |  |  | 36,795 |  |  | 60,357 |  |  | 1,298 |  |  |  |  |  |  | 244,863 |
Doubtful | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  |  |  |  |  | — |
Total | $ | 5,761,527 |  |  | $ | 2,409,989 |  |  | $ | 1,337,143 |  |  | $ | 914,995 |  |  | $ | 610,690 |  |  | $ | 946,625 |  |  | $ | 2,272,707 |  |  |  |  |  |  | $ | 14,253,676 |
As a % of total gross loans | 40.42% |  | 16.91% |  | 9.38% |  | 6.42% |  | 4.28% |  | 6.64% |  | 15.95% |  |  |  |  |  | 100.0%
Schedule of Past Due Loan and Leases | The outstanding unpaid balance of loans past due 30 days or more by portfolio class are:
| March 31, 2023
(Dollars in thousands) | 30-59 Days Past Due |  | 60-89 Days Past Due |  | 90+ Days Past Due |  | Total
Single Family-Mortgage & Warehouse | $ | 13,976 |  |  | $ | 22,447 |  |  | $ | 34,203 |  |  | $ | 70,626 |
Multifamily and Commercial Mortgage | 4,224 |  |  | 8,112 |  |  | 29,154 |  |  | 41,490 |
Commercial Real Estate | — |  |  | — |  |  | 14,852 |  |  | 14,852 |
Auto & Consumer | 4,949 |  |  | 1,431 |  |  | 1,411 |  |  | 7,791 |
Other | 90 |  |  | 53 |  |  | 2,535 |  |  | 2,678 |
Total | $ | 23,239 |  |  | $ | 32,043 |  |  | $ | 82,155 |  |  | $ | 137,437 |
As a % of total gross loans | 0.15 | % |  | 0.20 | % |  | 0.51 | % |  | 0.86 | %
| June 30, 2022
(Dollars in thousands) | 30-59 Days Past Due |  | 60-89 Days Past Due |  | 90+ Days Past Due |  | Total
Single Family-Mortgage & Warehouse | $ | 5,167 |  |  | $ | 1,518 |  |  | $ | 63,286 |  |  | $ | 69,971 |
Multifamily and Commercial Mortgage | 9,455 |  |  | 2,115 |  |  | 26,556 |  |  | 38,126 |
Commercial Real Estate | — |  |  | 14,852 |  |  | — |  |  | 14,852 |
Auto & Consumer | 4,865 |  |  | 1,009 |  |  | 466 |  |  | 6,340 |
Other | 413 |  |  | — |  |  | 193 |  |  | 606 |
Total | $ | 19,900 |  |  | $ | 19,494 |  |  | $ | 90,501 |  |  | $ | 129,895 |
As a % of total gross loans | 0.14 | % |  | 0.14 | % |  | 0.63 | % |  | 0.91 | %

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