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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2023
Dec. 31, 2022
INTEREST AND DIVIDEND INCOME:        
Loans, including fees $ 357,852 $ 255,661 $ 684,826 $ 463,999
Securities borrowed and customer receivables 5,467 4,321 10,462 8,705
Investments and other 31,344 19,606 63,327 30,670
Total interest and dividend income 394,663 279,588 758,615 503,374
INTEREST EXPENSE:        
Deposits 160,181 71,348 306,291 103,853
Advances from the Federal Home Loan Bank 530 2,504 1,059 7,667
Securities loaned 1,010 1,067 1,459 2,010
Other borrowings 4,336 4,759 10,045 9,459
Total interest expense 166,057 79,678 318,854 122,989
Net interest income 228,606 199,910 439,761 380,385
Total provision for credit losses 13,500 3,001 20,500 11,751
Net interest income, after provision for credit losses 215,106 196,909 419,261 368,634
NON-INTEREST INCOME:        
Broker-dealer fee income 12,519 9,812 24,996 18,990
Advisory fee income 7,362 6,983 15,581 13,942
Banking and service fees 10,061 10,143 18,411 16,657
Mortgage banking and servicing rights income 753 641 4,631 4,006
Prepayment penalty fee income 1,037 750 2,620 1,942
Gain on acquisition 92,397 0 92,397 0
Total non-interest income 124,129 28,329 158,636 55,537
NON-INTEREST EXPENSE:        
Salaries and related costs 58,883 49,720 114,694 96,716
Data and operational processing 18,326 14,632 34,410 28,654
Depreciation and amortization 6,488 5,957 12,366 12,051
Advertising and promotional 9,794 10,899 20,169 17,269
Professional services 5,976 8,455 15,787 16,542
Occupancy and equipment 4,001 3,683 7,847 7,737
FDIC and regulatory fees 3,935 3,569 8,384 7,304
Broker-dealer clearing charges 5,948 3,739 9,960 6,568
General and administrative expense 8,488 7,373 18,728 31,273
Total non-interest expense 121,839 108,027 242,345 224,114
INCOME BEFORE INCOME TAXES 217,396 117,211 335,552 200,057
INCOME TAXES 65,625 35,659 101,136 60,098
NET INCOME 151,771 81,552 234,416 139,959
COMPREHENSIVE INCOME $ 154,240 $ 80,377 $ 237,107 $ 135,947
Basic earnings per common share (in dollars per share) $ 2.65 $ 1.36 $ 4.04 $ 2.34
Diluted earnings per common share (in dollars per share) $ 2.62 $ 1.35 $ 3.98 $ 2.31