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INCOME TAXES (Tables)

12 Months Ended

Jun. 30, 2025

Income Tax Disclosure [Abstract]

Schedule of Provision for Income Taxes

The provision for income taxes is as follows:

			Fiscal Year Ended
			At June 30,
(Dollars in thousands)			2025						2024						2023
Current:
Federal			$	130,062					$	98,814					$	89,839
State			78,381						53,525						54,326
			208,443						152,339						144,165
Deferred:
Federal			(25,702)						17,501						(13,084)
State			(2,254)						15,633						(6,502)
			(27,956)						33,134						(19,586)
Total			$	180,487					$	185,473					$	124,579

Schedule of Effective Income Tax Rate Reconciliation

The differences between the statutory federal income tax rate and the effective tax rates are summarized as follows:

			Fiscal Year Ended
			At June 30,
			2025						2024						2023
Statutory federal tax rate			21.00		%				21.00		%				21.00		%
Increase (decrease) resulting from:
State taxes—net of federal tax benefit			8.86		%				8.90		%				9.04		%
Tax credits			(0.43)		%				(0.58)		%				(0.45)		%
Non-taxable income			(0.15)		%				(0.08)		%				(0.03)		%
Excess benefit RSU vesting			(0.97)		%				(0.42)		%				(0.41)		%
Uncertain tax positions			1.29		%				0.88		%				0.39		%
Other			(0.18)		%				(0.51)		%				(0.69)		%
Effective tax rate			29.42		%				29.19		%				28.85		%

Schedule of Net Deferred Tax Asset

The components of the net deferred tax asset are as follows:

			At June 30,
(Dollars in thousands)			2025						2024
Deferred tax assets:
Allowance for credit losses			$	91,922					$	96,275
Lease liability			16,650						21,400
Accrued compensation			3,306						9,783
Stock-based compensation expense			8,134						8,282
Litigation accrual			—						5,324
Nonaccrual loan interest income			8,419						9,034
Unrealized net losses on securities			—						1,079
Depreciation and amortization			5,090						—
Net operating loss carryforward			1,021						1,160
State taxes			5,967						4,282
Securities impaired			236						273
Other DTA			37						—
Total deferred tax assets			$	140,782					$	156,892
Deferred tax liabilities:
Basis difference in acquired loans			(43,773)						(78,034)
Operating lease right-of-use asset			(15,002)						(19,406)
Unrealized net gain securities			(160)						—
Depreciation and amortization			—						(4,679)
Other assets—prepaids			(2,532)						(2,183)
FHLB stock dividend			(738)						(852)
Total deferred tax liabilities			$	(62,205)					$	(105,154)
Net deferred tax asset			78,577						51,738
Valuation allowance			(70)						(70)
Net deferred tax asset, net of valuation allowance1			$	78,507					$	51,668

1 Net deferred tax asset, net of valuation allowance, is included in “Other Assets” in the Consolidated Balance Sheets.

Schedule of Unrecognized Tax Benefits

The reconciliation of the gross beginning and ending amount of unrecognized tax positions are as follows:

(Dollars in thousands)			2025						2024
Balance—beginning of period			$	14,089					$	6,924
Additions—current year tax positions			11,156						8,709
Additions—prior year tax positions			—						—
Reductions—prior year tax positions			(1,633)						(1,544)
Total liability for unrecognized tax positions—end of period			$	23,612					$	14,089

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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

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Tabular disclosure of the change in unrecognized tax benefits.

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