XML 15 R4.htm IDEA: XBRL DOCUMENT v3.23.3
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
 3 Months Ended
Sep. 30, 2023
Sep. 30, 2022
INTEREST AND DIVIDEND INCOME:    
Loans, including fees $ 326,974 $ 208,338
Securities borrowed and customer receivables 4,995 4,384
Investments and other 31,983 11,064
Total interest and dividend income 363,952 223,786
INTEREST EXPENSE:    
Deposits 146,110 32,505
Advances from the Federal Home Loan Bank 529 5,163
Securities loaned 449 943
Other borrowings 5,709 4,700
Total interest expense 152,797 43,311
Net interest income 211,155 180,475
Total provision for credit losses 7,000 8,750
Net interest income, after provision for credit losses 204,155 171,725
NON-INTEREST INCOME:    
Broker-dealer fee income 12,477 9,178
Advisory fee income 8,219 6,959
Banking and service fees 8,350 6,514
Mortgage banking and servicing rights income 3,878 3,365
Prepayment penalty fee income 1,583 1,192
Total non-interest income 34,507 27,208
NON-INTEREST EXPENSE:    
Salaries and related costs 55,811 46,996
Data and operational processing 16,084 14,022
Depreciation and amortization 5,878 6,094
Advertising and promotional 10,375 6,370
Professional services 9,811 8,087
Occupancy and equipment 3,846 4,054
FDIC and regulatory fees 4,449 3,735
Broker-dealer clearing charges 4,012 2,829
General and administrative expense 10,240 23,900
Total non-interest expense 120,506 116,087
INCOME BEFORE INCOME TAXES 118,156 82,846
INCOME TAXES 35,511 24,439
NET INCOME 82,645 58,407
COMPREHENSIVE INCOME $ 82,867 $ 55,570
Basic earnings per common share (in dollars per share) $ 1.40 $ 0.98
Diluted earnings per common share (in dollars per share) $ 1.38 $ 0.97