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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Mar. 31, 2024
Jun. 30, 2023
Assets    
Cash and amounts due from depository institutions $ 16,162 $ 21,795
Interest-bearing deposits in other banks 54,865 48,720
Cash and cash equivalents 71,027 70,515
Investment securities available for sale (amortized cost of $1,232,173 and $1,383,867, respectively) 1,098,655 1,227,729
Investment securities held to maturity (fair value of $123,576 and $131,169, respectively) 139,643 146,465
Loans held-for-sale 4,117 9,591
Loans receivable 5,758,336 5,829,421
Less: allowance for credit losses on loans (44,930) (48,734)
Net loans receivable 5,713,406 5,780,687
Premises and equipment 45,053 48,309
Federal Home Loan Bank (“FHLB”) of New York stock 81,347 71,734
Accrued interest receivable 31,065 28,133
Goodwill 210,895 210,895
Core deposit intangibles 2,057 2,457
Bank owned life insurance 296,493 292,825
Deferred income tax assets, net 47,225 51,973
Other real estate owned 0 12,956
Other assets 100,989 110,546
Total Assets 7,841,972 8,064,815
Deposits:    
Non-interest-bearing 586,089 609,999
Interest-bearing 4,622,961 5,019,184
Total deposits 5,209,050 5,629,183
Borrowings 1,722,178 1,506,812
Advance payments by borrowers for taxes 17,387 18,338
Other liabilities 44,279 41,198
Total Liabilities 6,992,894 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; 64,436,995 shares and 65,864,075 shares issued and outstanding, respectively 644 659
Paid-in capital 493,187 503,332
Retained earnings 440,308 457,611
Unearned employee stock ownership plan shares; 2,207,675 shares and 2,358,198 shares, respectively (21,402) (22,862)
Accumulated other comprehensive loss (63,659) (69,456)
Total Stockholders' Equity 849,078 869,284
Total Liabilities and Stockholders' Equity $ 7,841,972 $ 8,064,815