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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2022
Jun. 30, 2021
Assets    
Cash $ 20,910 $ 22,312
Interest-bearing deposits 84,209 28,678
Cash and cash equivalents 105,119 50,990
Commercial paper, net 194,427 189,596
Certificates of deposit in other banks 23,551 40,122
Debt securities available for sale, at fair value (amortized cost of $130,099 and $154,493 at June 30, 2,022 and June 30, 2,021, respectively) 126,978 156,459
FHLB and FRB stock 9,326 13,539
SBIC investments, at cost 12,758 10,171
Loans held for sale 79,307 93,539
Total loans, net of deferred loan fees and costs 2,769,295 2,733,267
Allowance for credit losses on loans (34,690) (35,468)
Loans, net 2,734,605 2,697,799
Premises and equipment, net 69,094 70,909
Accrued interest receivable 8,573 7,933
Deferred income taxes, net 11,487 16,901
BOLI 95,281 93,108
Goodwill 25,638 25,638
Core deposit intangibles, net 93 343
Other assets 52,967 57,676
Total assets 3,549,204 3,524,723
Liabilities    
Deposits 3,099,761 2,955,541
Borrowings 0 115,000
Other liabilities 60,598 57,663
Total liabilities 3,160,359 3,128,204
Commitments and Contingencies
Stockholders’ equity    
Preferred stock, $0.01 par value, 10,000,000 shares authorized, none issued or outstanding 0 0
Common stock, $0.01 par value, 60,000,000 shares authorized, 15,591,466 shares issued and outstanding at June 30, 2,022; 16,636,483 at June 30, 2,021 156 167
Additional paid in capital 126,106 160,582
Retained earnings 270,276 240,075
Unearned ESOP shares (5,290) (5,819)
Accumulated other comprehensive income (loss) (2,403) 1,514
Total stockholders’ equity 388,845 396,519
Total liabilities and stockholders’ equity $ 3,549,204 $ 3,524,723