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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Mar. 31, 2025
Mar. 31, 2024
INTEREST AND DIVIDEND INCOME:        
Loans, including fees $ 394,777 $ 405,280 $ 1,243,874 $ 1,090,106
Securities borrowed and customer receivables 6,072 5,701 18,793 16,163
Investments and other 31,873 32,583 110,385 95,910
Total interest and dividend income 432,722 443,564 1,373,052 1,202,179
INTEREST EXPENSE:        
Deposits 152,694 176,737 510,822 483,028
Advances from the Federal Home Loan Bank 306 735 1,342 1,794
Securities loaned 333 376 1,353 1,835
Other borrowings 3,925 4,110 11,924 14,155
Total interest expense 157,258 181,958 525,441 500,812
Net interest income 275,464 261,606 847,611 701,367
Provision for credit losses 14,500 6,000 40,748 26,500
Net interest income, after provision for credit losses 260,964 255,606 806,863 674,867
NON-INTEREST INCOME:        
Broker-dealer fee income 12,121 12,087 34,220 37,083
Advisory fee income 8,120 8,105 24,047 23,686
Banking and service fees 10,254 8,876 28,680 27,287
Mortgage banking and servicing rights income 1,499 2,180 152 6,811
Prepayment penalty fee income 1,379 1,915 2,682 4,535
Gain on acquisition 0 0 0 92,397
Total non-interest income 33,373 33,163 89,781 191,799
NON-INTEREST EXPENSE:        
Salaries and related costs 74,677 67,419 223,067 182,113
Data and operational processing 21,776 18,243 60,075 52,653
Depreciation and amortization 6,847 7,221 21,328 19,587
Advertising and promotional 11,437 10,282 36,735 30,451
Professional services 8,243 9,073 27,210 24,860
Occupancy and equipment 4,645 4,254 13,169 12,101
FDIC and regulatory fees 7,620 5,232 20,568 13,616
Broker-dealer clearing charges 4,177 4,459 12,783 14,419
General and administrative expense 6,839 7,045 24,111 25,773
Total non-interest expense 146,261 133,228 439,046 375,573
INCOME BEFORE INCOME TAXES 148,076 155,541 457,598 491,093
INCOME TAXES 42,870 44,821 135,365 145,957
NET INCOME $ 105,206 $ 110,720 $ 322,233 $ 345,136
Basic earnings per common share (in dollars per share) $ 1.84 $ 1.94 $ 5.65 $ 5.98
Diluted earnings per common share (in dollars per share) $ 1.81 $ 1.91 $ 5.55 $ 5.88