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OTHER ASSETS (Tables)
 12 Months Ended
Jun. 30, 2024
Other Assets [Abstract]  
Schedule of Bank-Owned Life Insurance Activity The following table summarizes the activity in the Company’s bank-owned life insurance (“BOLI”). Income related to bank-owned life insurance is included in “Banking and service fees” in the Consolidated Statements of Income.
(Dollars in thousands)
BOLI
Balance as of June 30, 2021$56,555 
Additions100,000 
Change in contract value4,220 
Balance as of June 30, 2022
$160,775 
Death benefits(1,805)
Change in contract value4,444 
Balance as of June 30, 2023
$163,414 
Change in contract value5,360 
Balance as of June 30, 2024
$168,774 
Schedule of Furniture, Equipment And Software A summary of the cost and accumulated depreciation and amortization for leasehold improvements, furniture, equipment and software is as follows:
At June 30,
(Dollars in thousands)20242023
Software$134,311 $105,687 
Computer hardware and equipment32,195 26,685 
Furniture and fixtures11,788 10,689 
Leasehold improvements6,281 5,963 
Total$184,575 $149,024 
Less accumulated depreciation and amortization(111,956)(95,660)
Furniture, equipment and software—net
$72,619 $53,364 
Schedule of Supplemental Balance Sheet Information
Supplemental information related to the Company’s operating leases is as follows:
At June 30,
(Dollars in thousands)20242023
Right-of-use assets$59,989 $63,565 
Lease liabilities$65,923 69,630 
Weighted-average remaining lease term5.66 years6.57 years
Weighted-average discount rate3.09 %3.00 %
Schedule of Supplemental Cash Flow Information
Supplemental cash flow information related to leases is as follows:
For the Fiscal Year Ended June 30,
(Dollars in thousands)202420232022
Cash paid for amounts included in the measurement of lease liabilities for operating leases—operating cash flows$11,821 $10,658 $9,888 
Schedule of Maturities of Operating Lease Liabilities
The following table represents maturities of lease liabilities:
(Dollars in thousands)
June 30, 2024
Within one year$12,746 
After one year and within two years12,464 
After two years and within three years12,591 
After three years and within four years11,341 
After four years within five years10,465 
After five years12,135 
Total lease payments71,742 
Less: amount representing interest(5,819)
Total lease liability$65,923 
Schedule of LIHTC investments The Company recognized the following income and tax benefits for its LIHTC investments.
For the fiscal year ended June 30,
(Dollars in thousands)20242023
Tax credits recognized
$3,394 $2,780 
Other tax benefits recognized
1,466 759 
Amortization
(3,574)(2,697)
Net benefit (expense) included in income tax expense
1,286 842 
Other income (loss) included in banking and service fees
2 5 
Net benefit (expense) included in the Consolidated Statements of Income
$1,288 $847 
The Company recognized the following investments on its balance sheets.
For the fiscal year ended June 30,
(Dollars in thousands)20242023
LIHTC investments
$65,873 $33,284 
LIHTC unfunded commitments1
$40,617 $13,514 
1LIHTC unfunded commitments are included in “Accounts Payable and Other Liabilities” on the Consolidated Balance Sheets.