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STOCKHOLDERS’ EQUITY AND STOCK-BASED COMPENSATION (Tables) | 9 Months Ended
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Mar. 31, 2025
Share-Based Payment Arrangement [Abstract] |
Schedule of Status and Changes in Restricted Stock Grants | The following table presents the status and changes in RSUs:
| RSUs |  | Weighted-Average Grant-Date Fair Value
Non-vested balance at June 30, 2024 | 1,541,194 |  |  | $ | 43.95 |
Granted | 1,006,449 |  |  | 64.46 |
Vested | (592,005) |  |  | 43.48 |
Forfeited | (71,433) |  |  | 47.62 |
Non-vested balance at March 31, 2025 | 1,884,205 |  |  | $ | 54.92 |
Schedule of Common Stock Repurchases | The following table presents common stock repurchases:
| For the Three Months Ended March 31, |  | For the Nine Months Ended March 31,
(Dollars in thousands except per share data) | 2025 |  | 2024 |  | 2025 |  | 2024
Total repurchase | $ | 27,870 |  |  | $ | 595 |  |  | $ | 27,870 |  |  | $ | 83,781 |
Number of shares repurchased | 434,327 |  |  | 12,101 |  |  | 434,327 |  |  | 2,267,610 |
Average price paid per share | $ | 64.17 |  |  | $ | 49.22 |  |  | $ | 64.17 |  |  | $ | 36.95 |
Schedule of Accumulated Other Comprehensive Income | AOCI includes the after-tax change in unrealized gains and losses on investment securities and cash flow hedging activities.
| For the Three Months Ended March 31, 2025
(Dollars in thousands) | Unrealized gain (loss) on available-for-sale securities |  | Cash flow hedges |  | Accumulated other comprehensive income
Balance at December 31, 2024 | $ | (1,931) |  |  | $ | 4,938 |  |  | $ | 3,007 |
Other comprehensive income/(loss) | 588 |  |  | (2,482) |  |  | (1,894) |
Balance at March 31, 2025 | $ | (1,343) |  |  | $ | 2,456 |  |  | $ | 1,113 |
| For the Three Months Ended March 31, 2024
(Dollars in thousands) | Unrealized gain (loss) on available-for-sale securities |  | Cash flow hedges |  | Accumulated other comprehensive income
Balance at December 31, 2023 | $ | (3,919) |  |  | $ | — |  |  | $ | (3,919) |
Other comprehensive income/(loss) | 855 |  |  | — |  |  | 855 |
Balance at March 31, 2024 | $ | (3,064) |  |  | $ | — |  |  | $ | (3,064) |
| For the Nine Months Ended March 31, 2025
(Dollars in thousands) | Unrealized gain (loss) on available-for-sale securities |  | Cash flow hedges |  | Accumulated other comprehensive income
Balance at June 30, 2024 | $ | (2,466) |  |  | $ | — |  |  | $ | (2,466) |
Other comprehensive income/(loss) | 1,123 |  |  | 2,456 |  |  | 3,579 |
Balance at March 31, 2025 | $ | (1,343) |  |  | $ | 2,456 |  |  | $ | 1,113 |
| For the Nine Months Ended March 31, 2024
(Dollars in thousands) | Unrealized gain (loss) on available-for-sale securities |  | Cash flow hedges |  | Accumulated other comprehensive income
Balance at June 30, 2023 | $ | (6,610) |  |  | $ | — |  |  | $ | (6,610) |
Other comprehensive income/(loss) | 3,546 |  |  | — |  |  | 3,546 |
Balance at March 31, 2024 | $ | (3,064) |  |  | $ | — |  |  | $ | (3,064) |
The following table presents the pre-tax and after-tax changes in the components of other comprehensive income.
| For the Three Months Ended March 31, 2025 |  | For the Three Months Ended March 31, 2024
(Dollars in thousands) | Pre-tax |  | Tax effect |  | After-tax |  | Pre-tax |  | Tax effect |  | After-tax
Unrealized gain/(loss) on investment securities: |  |  |  |  |  |  |  |  |  |  |
Net unrealized gains/(losses) arising during the period | $ | 850 |  |  | $ | (262) |  |  | $ | 588 |  |  | $ | 1,211 |  |  | $ | (356) |  |  | $ | 855 |
Reclassification adjustment for realized (gains)/losses included in net income | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Net change | $ | 850 |  |  | $ | (262) |  |  | $ | 588 |  |  | $ | 1,211 |  |  | $ | (356) |  |  | $ | 855 |
Cash flow hedges: |  |  |  |  |  |  |  |  |  |  |
Net unrealized gains/(losses) arising during the period | $ | (2,464) |  |  | $ | 763 |  |  | $ | (1,701) |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Reclassification adjustment for realized (gains)/losses included in net income | (1,130) |  |  | 349 |  |  | (781) |  |  | — |  |  | — |  |  | — |
Net change | (3,594) |  |  | 1,112 |  |  | (2,482) |  |  | — |  |  | — |  |  | — |
Total other comprehensive income/(loss) | $ | (2,744) |  |  | $ | 850 |  |  | $ | (1,894) |  |  | $ | 1,211 |  |  | $ | (356) |  |  | $ | 855 |
| For the Nine Months Ended March 31, 2025 |  | For the Nine Months Ended March 31, 2024
(Dollars in thousands) | Pre-tax |  | Tax effect |  | After-tax |  | Pre-tax |  | Tax effect |  | After-tax
Unrealized gain/(loss) on investment securities: |  |  |  |  |  |  |  |  |  |  |
Net unrealized gains/(losses) arising during the period | $ | 1,581 |  |  | $ | (458) |  |  | $ | 1,123 |  |  | $ | 5,072 |  |  | $ | (1,526) |  |  | $ | 3,546 |
Reclassification adjustment for realized (gains)/losses included in net income | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Net change | $ | 1,581 |  |  | $ | (458) |  |  | $ | 1,123 |  |  | $ | 5,072 |  |  | $ | (1,526) |  |  | $ | 3,546 |
Cash flow hedges: |  |  |  |  |  |  |  |  |  |  |
Net unrealized gains/(losses) arising during the period | $ | 6,162 |  |  | $ | (1,904) |  |  | $ | 4,258 |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Reclassification adjustment for realized (gains)/losses included in net income | (2,608) |  |  | 806 |  |  | (1,802) |  |  | — |  |  | — |  |  | — |
Net change | 3,554 |  |  | (1,098) |  |  | 2,456 |  |  | — |  |  | — |  |  | — |
Total other comprehensive income | $ | 5,135 |  |  | $ | (1,556) |  |  | $ | 3,579 |  |  | $ | 5,072 |  |  | $ | (1,526) |  |  | $ | 3,546 |

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