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OTHER ASSETS (Tables) | 12 Months Ended
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Jun. 30, 2025
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, 2022 | $ | 160,775 |
Death benefits | (1,805) |
Change in contract value | 4,444 |
Balance as of June 30, 2023 | $ | 163,414 |
Change in contract value | 5,360 |
Balance as of June 30, 2024 | $ | 168,774 |
Additions | 100,000 |
Change in contract value | 9,405 |
Balance as of June 30, 2025 | $ | 278,179 |
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) |  | 2025 |  | 2024
Software |  | $ | 159,878 |  |  | $ | 134,311 |
Computer hardware and equipment |  | 59,995 |  |  | 32,195 |
Furniture and fixtures |  | 11,923 |  |  | 11,788 |
Leasehold improvements |  | 6,626 |  |  | 6,281 |
Total |  | $ | 238,422 |  |  | $ | 184,575 |
Less accumulated depreciation and amortization |  | (133,341) |  |  | (111,956) |
Furniture, equipment and software—net |  | $ | 105,081 |  |  | $ | 72,619 |
Schedule of Supplemental Balance Sheet Information | Supplemental information related to the Company’s operating leases is as follows:
|  | At June 30,
(Dollars in thousands) |  | 2025 |  | 2024
Right-of-use assets |  | $ | 53,415 |  |  | $ | 59,989 |
Lease liabilities |  | $ | 59,116 |  |  | 65,923 |
Weighted-average remaining lease term |  | 4.73 years |  | 5.66 years
Weighted-average discount rate |  | 3.20 | % |  | 3.09 | %
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) | 2025 |  | 2024 |  | 2023
Cash paid for amounts included in the measurement of lease liabilities for operating leases—operating cash flows | $ | 13,318 |  |  | $ | 11,821 |  |  | $ | 10,658 |
Schedule of Maturities of Operating Lease Liabilities | The following table represents maturities of lease liabilities:
(Dollars in thousands) |  | June 30, 2025
Within one year |  | $ | 13,828 |
After one year and within two years |  | 13,953 |
After two years and within three years |  | 12,600 |
After three years and within four years |  | 11,125 |
After four years within five years |  | 11,068 |
After five years |  | 1,354 |
Total lease payments |  | 63,928 |
Less: amount representing interest |  | (4,812) |
Total lease liability |  | $ | 59,116 |
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) |  | 2025 |  | 2024
Tax credits recognized |  | $ | 5,697 |  |  | $ | 3,394 |
Other tax benefits recognized |  | 1,385 |  |  | 1,466 |
Amortization |  | (5,998) |  |  | (3,574) |
Net benefit (expense) included in income tax expense |  | 1,084 |  |  | 1,286 |
Other income (loss) included in banking and service fees |  | 19 |  |  | 2 |
Net benefit (expense) included in the Consolidated Statements of Income |  | $ | 1,103 |  |  | $ | 1,288 |
The Company recognized the following investments on its balance sheets.
|  | For the fiscal year ended June 30,
(Dollars in thousands) |  | 2025 |  | 2024
LIHTC investments |  | $ | 84,875 |  |  | $ | 65,873 |
LIHTC unfunded commitments 1 |  | $ | 47,381 |  |  | $ | 40,617 |
1 LIHTC unfunded commitments are included in “Accounts Payable and Other Liabilities” on the Consolidated Balance Sheets.

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