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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Sep. 30, 2023
Jun. 30, 2023
Assets    
Cash and amounts due from depository institutions $ 21,420 $ 21,795
Interest-bearing deposits in other banks 35,799 48,720
Cash and cash equivalents 57,219 70,515
Investment securities available for sale 1,215,633 1,227,729
Investment securities held to maturity (fair value of $123,028 and $131,169, respectively) 143,730 146,465
Loans held-for-sale 3,934 9,591
Loans receivable 5,736,049 5,829,421
Less: allowance for credit losses on loans (46,872) (48,734)
Net loans receivable 5,689,177 5,780,687
Premises and equipment 46,868 48,309
Federal Home Loan Bank (“FHLB”) of New York stock 81,509 71,734
Accrued interest receivable 29,766 28,133
Goodwill 210,895 210,895
Core deposit intangibles 2,323 2,457
Bank owned life insurance 294,491 292,825
Deferred income tax assets, net 56,500 51,973
Other real estate owned 12,956 12,956
Other assets 129,865 110,546
Total Assets 7,974,866 8,064,815
Deposits:    
Non-interest-bearing 595,141 609,999
Interest-bearing 4,839,027 5,019,184
Total deposits 5,434,168 5,629,183
Borrowings 1,626,933 1,506,812
Advance payments by borrowers for taxes 16,907 18,338
Other liabilities 47,324 41,198
Total Liabilities 7,125,332 7,195,531
Stockholders' Equity    
Preferred stock, $0.01 par value, 100,000,000 shares authorized; none issued and outstanding 0 0
Common stock, $0.01 par value; 800,000,000 shares authorized; 65,132,410 shares and 65,864,075 shares issued and outstanding, respectively 652 659
Paid-in capital 497,269 503,332
Retained earnings 460,464 457,611
Unearned employee stock ownership plan shares; 2,308,024 shares and 2,358,198 shares, respectively (22,375) (22,862)
Accumulated other comprehensive loss (86,476) (69,456)
Total Stockholders' Equity 849,534 869,284
Total Liabilities and Stockholders' Equity $ 7,974,866 $ 8,064,815