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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income $ 450,008 $ 307,165 $ 240,716
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Depreciation and amortization 27,086 23,387 24,596
Other accretion and amortization (58,275) (1,616) 3,933
Stock-based compensation expense 35,194 26,100 21,242
Trading activity 405 1,000 225
Provision for credit losses 32,500 24,250 23,750
Deferred income taxes 33,134 (19,586) (9,400)
Origination of loans held for sale (197,305) (160,607) (656,487)
Unrealized and realized gains on loans held for sale (8,639) (7,999) (16,237)
Proceeds from sale of loans held for sale 209,503 149,091 689,530
Change in the fair value of servicing rights (2,326) 634 (2,228)
Gain on FDIC Loan Purchase (92,397) 0 0
Gain on repurchase of subordinated notes (973) 0 0
Net change in assets and liabilities which provide (use) cash:      
Securities borrowed 67,127 204,641 280,108
Customer, broker-dealer and clearing receivables 134,046 43,342 (43,925)
Other Assets (114,040) (11,984) (95,543)
Securities loaned (85,655) (314,568) (254,588)
Customer, broker-dealer and clearing payables (144,350) (66,177) (23,771)
Accounts payable and other liabilities 20,434 (367) 34,701
Net cash provided by (used in) operating activities 305,477 196,706 216,622
CASH FLOWS FROM INVESTING ACTIVITIES:      
Purchases of available-for-sale securities (9,612) (32,669) (143,733)
Proceeds from sale and repayment of available-for-sale securities 106,249 57,989 131,868
Purchase of stock of regulatory agencies 0 (108,724) (54,350)
Proceeds from redemption of stock of regulatory agencies 0 108,724 54,350
Net change in loans held for investment (1,841,622) (2,399,491) (2,770,611)
Proceeds from sale of loans originally classified as held for investment 39,159 14,185 106,324
Proceeds from sale of other real estate owned and repossessed assets 4,757 4,167 8,654
Proceeds from BOLI claim settlement 0 2,778 0
Acquisition of business activity, net of cash acquired 0 (5,531) (54,597)
Purchase of loans and leases, net of discounts and premiums (841,838) (1,564) (33,085)
Purchases of furniture, equipment, software and intangibles (35,961) (30,215) (21,504)
Purchases of other investments (12,401) (9,035) (6,436)
Distributions received from other investments 1,989 288 96
Net cash provided by (used in) investing activities (2,589,280) (2,399,098) (2,783,024)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Net increase in deposits 2,236,109 3,176,686 3,130,625
Repayments of the Federal Home Loan Bank term advances 0 (27,500) (50,000)
Net (repayment) proceeds of Federal Home Loan Bank other advances 0 0 (186,000)
Net (repayment) proceeds of other borrowings (27,200) (84,300) 75,300
Tax payments related to settlement of restricted stock units (16,192) (6,144) (14,481)
Purchase of treasury stock (96,286) (48,963) 0
Repurchase of subordinated notes (8,938) 0 0
Payment of debt issuance costs 0 0 (2,120)
Proceeds from issuance of subordinated notes 0 0 150,000
Net cash provided by (used in) financing activities 2,087,493 3,009,779 3,103,324
NET CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH (196,310) 807,387 536,922
CASH, CASH EQUIVALENTS AND RESTRICTED CASH—Beginning of year 2,382,086 1,574,699 1,037,777
CASH, CASH EQUIVALENTS AND RESTRICTED CASH—End of year 2,185,776 2,382,086 1,574,699
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:      
Interest paid on interest-bearing liabilities 698,956 368,311 50,269
Income taxes paid 200,809 131,365 99,701
Transfers to other real estate and repossessed vehicles from loans held for investment 4,472 12,664 2,134
Transfers from loans held for investment to loans held for sale 39,159 14,185 105,884
Transfers from loans held for sale to loans and leases held for investment 2,783 690 3,098
Operating lease liabilities from obtaining right of use assets 6,330 3,400 6,876
Non-cash LIHTC investments $ 37,495 $ 0 $ 9,350