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OTHER ASSETS (Tables)
6 Months Ended
Dec. 31, 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 December 31,
For the Six Months Ended December 31,
(Dollars in thousands)2024202320242023
Tax credits recognized$1,386 $891 $2,806 $1,741 
Other tax benefits recognized156 311 468 624 
Amortization(1,247)(819)(2,653)(1,667)
Net benefit (expense) included in income tax expense295 383 621 698 
Other income (loss) included in banking and service fees— — 
Net benefit (expense) included in the Consolidated Statements of Income$295 $385 $621 $700 
The Company recognized the following investments on its balance sheets.
(Dollars in thousands)As of December 31, 2024As of June 30, 2024
LIHTC investments$63,059 $65,873 
LIHTC unfunded commitments1
$33,817 $40,617 
1LIHTC unfunded commitments are included in “Accounts Payable and Other Liabilities” on the Consolidated Balance Sheets.