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DEPOSITS

12 Months Ended

Jun. 30, 2024

Deposits [Abstract]

DEPOSITS

DEPOSITS

The following table sets forth the composition of the deposit portfolio:

			June 30, 2024												June 30, 2023
(Dollars in thousands)			Amount						Rate1						Amount						Rate1
Non-interest-bearing			$	2,975,631					—		%				$	2,898,150					—		%
Interest-bearing:
Demand			2,485,325						2.42		%				3,334,615						2.43		%
Savings			12,960,165						4.58		%				9,575,781						4.20		%
Total interest-bearing demand and savings			15,445,490						4.23		%				12,910,396						3.74		%
Time deposits:
$250 and under			567,192						4.34		%				932,436						3.72		%
Greater than $250			370,904						4.76		%				382,126						4.36		%
Total time deposits			938,096						4.51		%				1,314,562						3.91		%
Total interest-bearing			16,383,586						4.24		%				14,224,958						3.76		%
Total deposits2			$	19,359,217					3.59		%				$	17,123,108					3.12		%

1 Based on weighted-average stated interest rates at end of period.

2 Total deposits includes brokered deposits of $1,611.6 million and $2,028.5 million as of June 30, 2024 and June 30, 2023, respectively, of which $400.0 million and $690.9 million, respectively, are time deposits classified as $250,000 and under.

Scheduled maturities of time deposits are as follows:

(Dollars in thousands)			June 30, 2024
Within 12 months			$	912,828
13 to 24 months			13,892
25 to 36 months			4,046
37 to 48 months			5,599
49 to 60 months			1,731
Total			$	938,096

At June 30, 2024 and 2023, the Company had deposits from executive officers and directors in the amount of $5.4 million and $5.6 million, respectively.

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- Definition

The entire disclosure for deposit liabilities including data and tables. It may include a description of the entity's deposit liabilities, the aggregate amount of time deposits (including certificates of deposit) in denominations of $100,000 or more at the balance sheet date; the aggregate amount of any demand deposits that have been reclassified as loan balances, such as overdrafts, at the balance sheet date; deposits that are received on terms other than those in the normal course of business, the amount of accrued interest on deposit liabilities; securities, mortgage loans or other financial instruments that serve as collateral for deposits; for time deposits having a remaining term of more than one year, the aggregate amount of maturities for each of the five years following the balance sheet date; and the weighted average interest rate for all deposit liabilities held by the entity.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-SubTopic 405
-Topic 942
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478353/942-405-50-1

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 942
-SubTopic 210
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-03(12))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478546/942-210-S99-1

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Name Regulation S-K (SK)
-Number 229
-Section 1406
-Paragraph e
-Publisher SEC

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Name Regulation S-K (SK)
-Number 229
-Section 1406
-Publisher SEC

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- References

No definition available.

+ Details

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