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OFFSETTING OF DERIVATIVES AND SECURITIES FINANCING AGREEMENTS (Tables)
 9 Months Ended
Mar. 31, 2025
Offsetting [Abstract]  
Schedule of Securities Financing Transactions - Assets
The following tables present information about the offsetting of these instruments and related collateral amounts:
March 31, 2025
(Dollars in thousands)Gross Assets / LiabilitiesAmounts OffsetNet Balance Sheet Amount
Amounts Not Offset2
Net Assets / Liabilities
Assets:
Securities borrowed$91,915 $— $91,915 $91,915 $— 
Other Assets — Derivative Assets1
16,155 — 16,155 11,788 4,367 
Liabilities:
Securities loaned$111,094 $— $111,094 $111,094 $— 
Accounts Payable and Other Liabilities — Derivative Liabilities72,642 — 72,642 4,043 68,599 
June 30, 2024
(Dollars in thousands)Gross Assets / LiabilitiesAmounts OffsetNet Balance Sheet Amount
Amounts Not Offset2
Net Assets / Liabilities
Assets:
Securities borrowed$67,212 $— $67,212 $67,212 $— 
Other Assets — Derivative Assets
106,796 — 106,796 18,524 88,272 
Liabilities:
Securities loaned$74,177 $— $74,177 $74,177 $— 
Accounts Payable and Other Liabilities — Derivative Liabilities102,949 — 102,949 414 102,535 
1 Other Assets - Derivative Assets are presented net of $63.2 million of variation margin on centrally-cleared derivatives as of March 31, 2025.
2 Amounts not offset reflect cash collateral received on Derivative Assets of $8.4 million and $18.1 million as of March 31, 2025 and June 30, 2024, respectively, and cash collateral placed on Derivative Liabilities of $0.7 million as of March 31, 2025. There was no cash collateral placed on Derivative Liabilities as of June 30, 2024.
Schedule of Securities Financing Transactions - Liabilities
The following tables present information about the offsetting of these instruments and related collateral amounts:
March 31, 2025
(Dollars in thousands)Gross Assets / LiabilitiesAmounts OffsetNet Balance Sheet Amount
Amounts Not Offset2
Net Assets / Liabilities
Assets:
Securities borrowed$91,915 $— $91,915 $91,915 $— 
Other Assets — Derivative Assets1
16,155 — 16,155 11,788 4,367 
Liabilities:
Securities loaned$111,094 $— $111,094 $111,094 $— 
Accounts Payable and Other Liabilities — Derivative Liabilities72,642 — 72,642 4,043 68,599 
June 30, 2024
(Dollars in thousands)Gross Assets / LiabilitiesAmounts OffsetNet Balance Sheet Amount
Amounts Not Offset2
Net Assets / Liabilities
Assets:
Securities borrowed$67,212 $— $67,212 $67,212 $— 
Other Assets — Derivative Assets
106,796 — 106,796 18,524 88,272 
Liabilities:
Securities loaned$74,177 $— $74,177 $74,177 $— 
Accounts Payable and Other Liabilities — Derivative Liabilities102,949 — 102,949 414 102,535 
1 Other Assets - Derivative Assets are presented net of $63.2 million of variation margin on centrally-cleared derivatives as of March 31, 2025.
2 Amounts not offset reflect cash collateral received on Derivative Assets of $8.4 million and $18.1 million as of March 31, 2025 and June 30, 2024, respectively, and cash collateral placed on Derivative Liabilities of $0.7 million as of March 31, 2025. There was no cash collateral placed on Derivative Liabilities as of June 30, 2024.