XML 27 R16.htm IDEA: XBRL DOCUMENT v3.19.1

Securities Held to Maturity

9 Months Ended

Mar. 31, 2019

Securities Held to Maturity [Member]

Schedule Of Held To Maturity Securities [Line Items]

Securities

8.     SECURITIES HELD TO MATURITY

The amortized cost, gross unrecognized gains and losses and fair values of debt and mortgage-backed securities held to maturity at March 31, 2019 and June 30, 2018 and stratification by contractual maturity of debt securities held to maturity at March 31, 2019 are presented below:

	March 31, 2019
	Amortized Cost				Gross Unrecognized Gains				Gross Unrecognized Losses				Fair Value
	(In Thousands)
Investment securities held to maturity:
Debt securities:
Obligations of state and political subdivisions	$	107,375			$	906			$	180			$	108,101
Subordinated debt		63,107				152				191				63,068
Total debt securities		170,482				1,058				371				171,169
Mortgage-backed securities:
Collateralized mortgage obligations		49,368				158				298				49,228
Residential pass-through securities		174,338				848				1,625				173,561
Commercial pass-through securities		198,011				1,030				185				198,856
Total mortgage-backed securities		421,717				2,036				2,108				421,645
Total securities held to maturity	$	592,199			$	3,094			$	2,479			$	592,814

	March 31, 2019
	Amortized Cost				Fair Value
	(In Thousands)
Debt securities held to maturity:
Due in one year or less	$	9,692			$	9,675
Due after one year through five years		31,293				31,286
Due after five years through ten years		126,502				127,160
Due after ten years		2,995				3,048
Total	$	170,482			$	171,169

	June 30, 2018
	Amortized Cost				Gross Unrecognized Gains				Gross Unrecognized Losses				Fair Value
	(In Thousands)
Securities held to maturity:
Debt securities:
Obligations of state and political subdivisions	$	109,483			$	79			$	1,865			$	107,697
Subordinated debt		46,294				37				284				46,047
Total debt securities		155,777				116				2,149				153,744
Mortgage-backed securities:
Collateralized mortgage obligations:		56,886				6				1,348				55,544
Residential pass-through securities:		200,622				19				4,005				196,636
Commercial pass-through securities:		176,445				-				2,870				173,575
Total mortgage-backed securities		433,953				25				8,223				425,755
Total securities held to maturity	$	589,730			$	141			$	10,372			$	579,499

There were no sales of securities held to maturity during the three and nine months ended March 31, 2019 and March 31, 2018.

Securities held to maturity pledged for borrowings at the FHLB and other institutions, and securities pledged for public funds and other purposes, were as follows as of the dates presented below:

					March 31,				June 30,
					2019				2018
					(In Thousands)
Held to maturity securities pledged:
Pledged for borrowings at the FHLB of New York					$	135,046			$	142,646
Pledged to secure public funds on deposit						7,071				7,604
Pledged for potential borrowings at the Federal Reserve Bank of New York						104,744				107,520
Pledged for collateral for depositor sweep accounts						27,811				25,976
Total held to maturity securities pledged					$	274,672			$	283,746

X

- Definition

The entire disclosure for investments in certain debt and equity securities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 320
-URI http://asc.fasb.org/subtopic&trid=2209399

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 946
-SubTopic 320
-URI http://asc.fasb.org/subtopic&trid=2324412

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-URI http://asc.fasb.org/topic&trid=2196928

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 940
-SubTopic 320
-URI http://asc.fasb.org/subtopic&trid=2176304

+ Details

Name:	us-gaap_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfHeldToMaturitySecuritiesLineItems
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Details

Name:	us-gaap_InformationByCategoryOfDebtSecurityAxis=us-gaap_HeldtomaturitySecuritiesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: