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Borrowings (Tables) | 12 Months Ended
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Jun. 30, 2024
Debt Disclosure [Abstract] |
Schedule of Borrowings | Borrowings at June 30, 2024 and 2023 consisted of the following:
| June 30, 2024 |  | June 30, 2023
| (In Thousands)
FHLB advances | $ | 1,434,789 |  |  | $ | 1,281,812 |
Federal Reserve Bank Term Funding Program ("BTFP") | 100,000 |  |  | — |
Total fixed-rate advances | 1,534,789 |  |  | 1,281,812 |
Overnight borrowings(1) | 175,000 |  |  | 225,000 |
Total borrowings | $ | 1,709,789 |  |  | $ | 1,506,812 |
________________________________________ (1)At June 30, 2024, represented $175.0 million of FHLB overnight line of credit borrowings. At June 30, 2023, represented $125.0 million of FHLB overnight line of credit borrowings and $100.0 million of unsecured overnight borrowings from other financial institutions.
Schedule of Fixed Rate Advances from FHLB | Fixed-rate advances from FHLB of New York and BTFP borrowings mature as follows:
| June 30, 2024 |  | June 30, 2023
| Balance |  | Weighted Average Interest Rate |  | Balance |  | Weighted Average Interest Rate
| (Dollars in Thousands)
By remaining period to maturity: |  |  |  |  |  |  |
Less than one year | $ | 1,328,500 |  |  | 5.25 | % |  | $ | 972,500 |  |  | 5.36 | %
One to two years | 6,500 |  |  | 2.82 |  |  | 103,500 |  |  | 2.68 |
Two to three years | — |  |  | — |  |  | 6,500 |  |  | 2.82 |
Three to four years | 200,000 |  |  | 3.98 |  |  | — |  |  | — |
Four to five years | — |  |  | — |  |  | 200,000 |  |  | 3.98 |
Greater than five years | — |  |  | — |  |  | — |  |  | — |
Total advances | 1,535,000 |  |  | 5.07 | % |  | 1,282,500 |  |  | 4.92 | %
Unamortized fair value adjustments | (211) |  |  |  |  | (688) |  |  |
Total advances, net of fair value adjustments | $ | 1,534,789 |  |  |  |  | $ | 1,281,812 |  |  |

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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
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