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OTHER ASSETS (Tables)
3 Months Ended
Sep. 30, 2024
Other Assets [Abstract]  
Schedule of LIHTC investments The Company recognized the following income and tax benefits for its LIHTC investments.
For the Three Months Ended September 30,
(Dollars in thousands)20242023
Tax credits recognized$1,420 $850 
Other tax benefits recognized312 313 
Amortization(1,406)(848)
Net benefit (expense) included in income tax expense326 315 
Other income (loss) included in banking and service fees— — 
Net benefit (expense) included in the Consolidated Statements of Income$326 $315 
The Company recognized the following investments on its balance sheets.
(Dollars in thousands)As of September 30, 2024As of June 30, 2024
LIHTC investments$64,467 $65,873 
LIHTC unfunded commitments1
$38,083 $40,617 
1LIHTC unfunded commitments are included in “Accounts Payable and Other Liabilities” on the Consolidated Balance Sheets.