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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2020
Interest and dividend income      
Loans $ 109,603 $ 111,798 $ 122,174
Commercial paper 1,721 1,206 5,986
Debt securities available for sale 1,802 2,024 3,687
Other investments and interest-bearing deposits 2,988 3,705 4,407
Total interest and dividend income 116,114 118,733 136,254
Interest expense      
Deposits 5,260 9,370 22,837
Borrowings 80 6,041 9,313
Total interest expense 5,340 15,411 32,150
Net interest income 110,774 103,322 104,104
Provision (benefit) for credit losses (592) (7,135) 8,500
Net interest income after provision (benefit) for credit losses 111,366 110,457 95,604
Noninterest income      
Service charges and fees on deposit accounts 9,462 9,083 9,382
Loan income and fees 3,185 2,208 2,494
Gain on sale of loans held for sale 12,876 17,352 9,946
BOLI income 2,000 2,156 2,246
Operating lease income 6,392 5,601 3,356
Gain on sale of debt securities available for sale 1,895 0 0
Other 3,386 3,421 2,908
Total noninterest income 39,196 39,821 30,332
Noninterest expense      
Salaries and employee benefits 59,591 62,956 56,709
Occupancy expense, net 9,692 9,521 9,228
Computer services 9,761 9,607 8,153
Telephone, postage and supplies 2,754 3,122 3,275
Marketing and advertising 2,583 1,626 1,872
Deposit insurance premiums 1,712 1,799 900
REO related expense, net 588 582 1,475
Core deposit intangible amortization 250 735 1,421
Branch closure and restructuring expenses 0 1,513 0
Officer transition agreement expense 1,795 0 0
Prepayment penalties on borrowings 0 22,690 0
Other 16,458 17,031 14,096
Total noninterest expense 105,184 131,182 97,129
Income before income taxes 45,378 19,096 28,807
Income tax expense 9,725 3,421 6,024
Net income $ 35,653 $ 15,675 $ 22,783
Net income per common share:      
Basic (in dollars per share) $ 2.27 $ 0.96 $ 1.34
Diluted (in dollars per share) $ 2.23 $ 0.94 $ 1.30
Average shares outstanding:      
Basic (in shares) 15,516,173 16,078,066 16,729,056
Diluted (in shares) 15,810,409 16,495,115 17,292,239