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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Sep. 30, 2024
Jun. 30, 2024
Assets    
Cash and amounts due from depository institutions $ 18,369 $ 17,201
Interest-bearing deposits in other banks 137,205 46,663
Cash and cash equivalents 155,574 63,864
Investment securities available for sale (amortized cost of $1,177,595 and $1,203,506, respectively) 1,070,811 1,072,833
Investment securities held to maturity (fair value of $120,725 and $119,278, respectively) 132,256 135,742
Loans held-for-sale 8,866 6,036
Loans receivable 5,784,246 5,732,787
Less: allowance for credit losses on loans (44,923) (44,939)
Net loans receivable 5,739,323 5,687,848
Premises and equipment 45,189 44,940
Federal Home Loan Bank (“FHLB”) of New York stock 57,706 80,300
Accrued interest receivable 29,467 29,521
Goodwill 113,525 113,525
Core deposit intangibles 1,805 1,931
Bank owned life insurance 300,186 297,874
Deferred income tax assets, net 50,131 50,339
Other assets 67,540 98,708
Total Assets 7,772,379 7,683,461
Deposits:    
Non-interest-bearing 592,099 598,366
Interest-bearing 4,878,413 4,559,757
Total deposits 5,470,512 5,158,123
Borrowings 1,479,888 1,709,789
Advance payments by borrowers for taxes 17,824 17,409
Other liabilities 52,618 44,569
Total Liabilities 7,020,842 6,929,890
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; 64,579,683 shares and 64,434,424 shares issued and outstanding, respectively 646 644
Paid-in capital 493,523 493,680
Retained earnings 342,522 343,326
Unearned employee stock ownership plan shares; 2,107,326 shares and 2,157,501 shares, respectively (20,430) (20,916)
Accumulated other comprehensive loss (64,724) (63,163)
Total Stockholders' Equity 751,537 753,571
Total Liabilities and Stockholders' Equity $ 7,772,379 $ 7,683,461