XML 33 R19.htm IDEA: XBRL DOCUMENT v3.23.2

Deposits

12 Months Ended

Jun. 30, 2023

Deposits [Abstract]

Deposits

Deposits

Deposits at June 30, 2023 and 2022 are summarized as follows:

			June 30,
			2023												2022
			Balance						Weighted Average Interest Rate						Balance						Weighted Average Interest Rate
			(Dollars in Thousands)
Non-interest-bearing demand			$	609,999					0.00		%				$	653,899					0.00		%
Interest-bearing demand			2,252,912						2.43						2,265,597						0.56
Savings			748,721						0.48						1,053,198						0.17
Certificates of deposits			2,017,551						3.02						1,889,562						0.80
Total deposits			$	5,629,183					2.12		%				$	5,862,256					0.50		%

Brokered deposits at June 30, 2023 and 2022 are summarized as follows:

			June 30,
			2023												2022
			Balance						Weighted Average Interest Rate						Balance						Weighted Average Interest Rate
			(Dollars in Thousands)
Certificates of deposits			$	635,314					4.28		%				$	761,862					1.14		%
Total brokered deposits			$	635,314					4.28		%				$	761,862					1.14		%

A summary of certificates of deposit by maturity at June 30, 2023 follows:

			June 30,
			2023
			(In Thousands)
One year or less			$	1,896,132
After one year to two years			71,317
After two years to three years			23,155
After three years to four years			13,775
After four years to five years			7,590
After five years			5,582
Total certificates of deposit			$	2,017,551

Certificates of deposit with balances of $250,000 or more at June 30, 2023 and 2022, totaled approximately $883.7 million and $897.4 million, respectively. The Bank’s deposits are insurable to applicable limits by the FDIC.

X

- Definition

The entire disclosure for deposit liabilities including data and tables. It may include a description of the entity's deposit liabilities, the aggregate amount of time deposits (including certificates of deposit) in denominations of $100,000 or more at the balance sheet date; the aggregate amount of any demand deposits that have been reclassified as loan balances, such as overdrafts, at the balance sheet date; deposits that are received on terms other than those in the normal course of business, the amount of accrued interest on deposit liabilities; securities, mortgage loans or other financial instruments that serve as collateral for deposits; for time deposits having a remaining term of more than one year, the aggregate amount of maturities for each of the five years following the balance sheet date; and the weighted average interest rate for all deposit liabilities held by the entity.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-SubTopic 405
-Topic 942
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481047/942-405-50-1

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Name Regulation S-K (SK)
-Number 229
-Section 1406
-Paragraph (e)
-Publisher SEC

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Name Regulation S-K (SK)
-Number 229
-Section 1406
-Publisher SEC

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 942
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-03.12)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479853/942-210-S99-1

+ Details

Name:	us-gaap_DepositLiabilitiesDisclosuresTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

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