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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash Flows from Operating Activities:    
Net Income $ 33,331 $ 11,878
Adjustment to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization of premises and equipment 3,190 2,247
Net (accretion) amortization of premiums, discounts and loan fees and costs (8,479) 3,379
Deferred income taxes and valuation allowance 3,698 4,885
Amortization of intangible assets 825 86
Accretion of benefit plans’ unrecognized net gain (25) (50)
Provision for loan losses 2,892 1,989
Loss on write-down and sales of other real estate owned 20 79
Loans originated for sale (33,716) (63,291)
Proceeds from sale of mortgage loans held-for-sale 33,911 66,221
Gain on sale of mortgage loans held-for-sale, net (328) (615)
Realized loss on sale of investment securities available for sale 182  
Realized loss on call of investment securities held to maturity   1
Proceeds from sale of SBA loans 922 3,064
Realized gain on sale of SBA loans (56) (262)
Realized loss on disposition of premises and equipment 17 10
Increase in cash surrender value of bank owned life insurance (4,753) (3,758)
ESOP, stock option plan and restricted stock plan expenses 6,632 6,969
Increase in interest receivable (1,816) (1,433)
Decrease in other assets 3,134 968
Increase in interest payable 3,574 571
Decrease in other liabilities (4,132) (2,703)
Net Cash Provided by Operating Activities 39,023 30,235
Purchases of:    
Investment securities available for sale (113,686) (132,315)
Investment securities held to maturity (55,247) (41,897)
Proceeds from:    
Repayments/calls/maturities of investment securities available for sale 60,377 58,890
Repayments/calls/maturities of investment securities held to maturity 52,286 74,662
Sales of investment securities available for sale 51,989  
Purchase of loans (63,305) (49,825)
Net increase in loans receivable (87,023) (62,418)
Proceeds from sale of real estate owned 496 1,897
Additions to premises and equipment (5,349) (5,529)
Proceeds from cash settlement of premises and equipment 108
Purchase of FHLB stock (10,215) (6,750)
Redemption of FHLB stock 4,931 7,596
Net Cash Used in Investing Activities (164,638) (155,689)
Cash Flows from Financing Activities:    
Net increase in deposits 65,640 137,356
Repayment of term FHLB advances (2,309,586) (1,875,081)
Proceeds from term FHLB advances 2,427,000 1,875,000
Net increase in other short-term borrowings 8,430 45,852
Net (decrease) increase in advance payments by borrowers for taxes (880) 258
Repurchase and cancellation of common stock of Kearny Financial Corp. (109,497) (80,134)
Cancellation of shares repurchased on vesting to pay taxes (944) (1,278)
Exercise of stock options 152 102
Dividends paid (29,404) (16,575)
Net Cash Provided by Financing Activities 50,911 85,500
Net Decrease in Cash and Cash Equivalents (74,704) (39,954)
Cash and Cash Equivalents - Beginning 128,864 78,237
Cash and Cash Equivalents - Ending 54,160 38,283
Cash paid during the period for:    
Income taxes, net of refunds 4,633 6,173
Interest 56,144 32,897
Non-cash investing and financing activities:    
Acquisition of other real estate owned in settlement of loans $ 0 $ 1,437