XML 16 R4.htm IDEA: XBRL DOCUMENT v3.24.4
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2024
Dec. 31, 2023
INTEREST AND DIVIDEND INCOME:        
Loans, including fees $ 410,868 $ 357,852 $ 849,097 $ 684,826
Securities borrowed and customer receivables 6,450 5,467 12,721 10,462
Investments and other 38,750 31,344 78,512 63,327
Total interest and dividend income 456,068 394,663 940,330 758,615
INTEREST EXPENSE:        
Deposits 170,859 160,181 358,128 306,291
Advances from the Federal Home Loan Bank 507 530 1,036 1,059
Securities loaned 480 1,010 1,020 1,459
Other borrowings 4,123 4,336 7,999 10,045
Total interest expense 175,969 166,057 368,183 318,854
Net interest income 280,099 228,606 572,147 439,761
Provision for credit losses 12,248 13,500 26,248 20,500
Net interest income, after provision for credit losses 267,851 215,106 545,899 419,261
NON-INTEREST INCOME:        
Broker-dealer fee income 11,039 12,519 22,099 24,996
Advisory fee income 7,982 7,362 15,927 15,581
Banking and service fees 9,813 10,061 18,426 18,411
Mortgage banking and servicing rights income (1,797) 753 (1,347) 4,631
Prepayment penalty fee income 762 1,037 1,303 2,620
Gain on acquisition 0 92,397 0 92,397
Total non-interest income 27,799 124,129 56,408 158,636
NON-INTEREST EXPENSE:        
Salaries and related costs 74,097 58,883 148,390 114,694
Data and operational processing 19,314 18,326 38,299 34,410
Depreciation and amortization 7,031 6,488 14,481 12,366
Advertising and promotional 11,045 9,794 25,298 20,169
Professional services 9,072 5,976 18,967 15,787
Occupancy and equipment 4,206 4,001 8,524 7,847
FDIC and regulatory fees 6,992 3,935 12,948 8,384
Broker-dealer clearing charges 4,299 5,948 8,606 9,960
General and administrative expense 9,264 8,488 17,272 18,728
Total non-interest expense 145,320 121,839 292,785 242,345
INCOME BEFORE INCOME TAXES 150,330 217,396 309,522 335,552
INCOME TAXES 45,643 65,625 92,495 101,136
NET INCOME $ 104,687 $ 151,771 $ 217,027 $ 234,416
Basic earnings per common share (in dollars per share) $ 1.83 $ 2.65 $ 3.81 $ 4.04
Diluted earnings per common share (in dollars per share) $ 1.80 $ 2.62 $ 3.72 $ 3.98