XML 14 R2.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Pay vs Performance Disclosure - USD ($)
 12 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2021
Pay vs Performance Disclosure        
Pay vs Performance Disclosure, Table
Year
Summary Compensation Table Total for PEO ($)(1)
Compensation Actually Paid to PEO ($)(1)(3)
Average Summary Compensation Table Total for Non-PEO NEOs ($)(2)
Average Compensation Actually Paid to Non-PEO NEOs ($)(2)(3)
Value of Initial Fixed $100 Investment Based On:Net (Loss)
Income
($)
(thousands)
PPNR Per Share ($)(5)
Total Shareholder Return ($)
Peer Group Total Shareholder Return ($)(4)
2024$1,396,533 $1,236,617 $660,645 $607,238 $89.85 $155.64 $(86,667)$(1.19)
2023$1,743,845 $1,368,953 $722,717 $519,960 $96.65 $126.53 $40,811 $0.85 
2022$2,122,665 $2,046,952 $733,665 $689,960 $145.24 $155.51 $67,547 $1.20 
2021$1,146,955 $1,507,135 $658,512 $760,123 $151.08 $168.09 $63,233 $1.01 
      
Named Executive Officers, Footnote Reflects compensation for Keith Suchodolski, Patrick M. Joyce, Thomas D. DeMedici and Anthony V. Bilotta, Jr. for fiscal years 2024, 2023 and 2022, and Eric B. Heyer, Keith Suchodolski, John V. Dunne and Timothy A. Swansson for fiscal year 2021.      
Peer Group Issuers, Footnote Peer group used for total shareholder return (“TSR”) comparisons reflects the S&P US SmallCap Banks Index; which is also reported in the Stock Performance Graph in our Form 10-K for the year ended June 30, 2024.      
PEO Total Compensation Amount $ 1,396,533 $ 1,743,845 $ 2,122,665 $ 1,146,955
PEO Actually Paid Compensation Amount $ 1,039,187 1,368,953 2,046,952 1,507,135
Adjustment To PEO Compensation, Footnote To calculate CAP, as defined in the applicable SEC rules, the following adjustments were made to compensation as reported in the Summary Compensation Table for our PEO and Non-PEO NEOs.
PEONon-PEO NEOs
20242023202220212024202320222021
Summary Compensation Table Total$1,396,533 $1,743,845 $2,122,665 $1,146,955 $660,645 $722,717 $733,665 $658,512 
Less: Amount reported in the “Stock Awards” column in the Summary Compensation Table(430,307)(576,313)(545,668)— (170,782)(228,723)(216,596)(176,022)
Plus: Fair value at fiscal year-end of equity awards granted during the fiscal year that remained unvested308,078 342,870 443,156 — 122,271 136,076 175,905 160,447 
Change in fair value at fiscal year-end versus prior fiscal year-end for awards granted in a prior fiscal year that remained unvested(257,838)(134,954)— 240,340 (102,338)(104,512)(25,607)85,452 
Change in fair value at vesting date versus prior fiscal year-end for awards granted in a prior fiscal year that vested during the fiscal year22,721 4,919 32,660 119,840 19,080 (5,598)22,593 31,734 
Less: Amount reported in the “Change in Pension Value and Nonqualified Deferred Compensation Earnings” column in the Summary Compensation Table— (195,975)(436,709)— — — — — 
Plus: Service cost for pension plan— 184,561 430,848 — — — — — 
Compensation Actually Paid (CAP)$1,039,187 $1,368,953 $2,046,952 $1,507,135 $528,876 $519,960 $689,960 $760,123 
      
Non-PEO NEO Average Total Compensation Amount $ 660,645 722,717 733,665 658,512
Non-PEO NEO Average Compensation Actually Paid Amount $ 528,876 519,960 689,960 760,123
Adjustment to Non-PEO NEO Compensation Footnote To calculate CAP, as defined in the applicable SEC rules, the following adjustments were made to compensation as reported in the Summary Compensation Table for our PEO and Non-PEO NEOs.
PEONon-PEO NEOs
20242023202220212024202320222021
Summary Compensation Table Total$1,396,533 $1,743,845 $2,122,665 $1,146,955 $660,645 $722,717 $733,665 $658,512 
Less: Amount reported in the “Stock Awards” column in the Summary Compensation Table(430,307)(576,313)(545,668)— (170,782)(228,723)(216,596)(176,022)
Plus: Fair value at fiscal year-end of equity awards granted during the fiscal year that remained unvested308,078 342,870 443,156 — 122,271 136,076 175,905 160,447 
Change in fair value at fiscal year-end versus prior fiscal year-end for awards granted in a prior fiscal year that remained unvested(257,838)(134,954)— 240,340 (102,338)(104,512)(25,607)85,452 
Change in fair value at vesting date versus prior fiscal year-end for awards granted in a prior fiscal year that vested during the fiscal year22,721 4,919 32,660 119,840 19,080 (5,598)22,593 31,734 
Less: Amount reported in the “Change in Pension Value and Nonqualified Deferred Compensation Earnings” column in the Summary Compensation Table— (195,975)(436,709)— — — — — 
Plus: Service cost for pension plan— 184,561 430,848 — — — — — 
Compensation Actually Paid (CAP)$1,039,187 $1,368,953 $2,046,952 $1,507,135 $528,876 $519,960 $689,960 $760,123 
      
Compensation Actually Paid vs. Total Shareholder Return
PEO and Average Non-PEO NEO CAP vs Company TSR and Peer Group TSR
2774
      
Compensation Actually Paid vs. Net Income
PEO and Average Non-PEO NEO CAP vs GAAP Net Income
2827
      
Compensation Actually Paid vs. Company Selected Measure
PEO and Average Non-PEO NEO CAP vs PPNR Per Share
2879
      
Total Shareholder Return Vs Peer Group
PEO and Average Non-PEO NEO CAP vs Company TSR and Peer Group TSR
2774
      
Tabular List, Table
Tabular List of Financial Performance Measures
The following table identifies the most important financial performance measures used by the Company to link CAP to the Company’s NEOs in 2024 to Company performance. The role of each of these performance measures on our NEOs’ compensation is discussed in “Compensation Discussion and Analysis.”
Financial Performance Measures
Pre-tax, pre-provision net revenue per share
Net charge-offs
Non-interest expense ratio
      
Total Shareholder Return Amount $ 89.85 96.65 145.24 151.08
Peer Group Total Shareholder Return Amount 155.64 126.53 155.51 168.09
Net Income (Loss) $ (86,667,000) $ 40,811,000 $ 67,547,000 $ 63,233,000
Company Selected Measure Amount (1.19) 0.85 1.20 1.01
PEO Name Craig L. Montanaro Craig L. Montanaro Craig L. Montanaro Craig L. Montanaro
PEO Actually Paid Compensation Amount Custom $ 1,236,617      
Non-PEO NEO Average Compensation Actually Paid Amount Custom $ 607,238      
Measure:: 1        
Pay vs Performance Disclosure        
Name Pre-tax, pre-provision net revenue per share      
Measure:: 2        
Pay vs Performance Disclosure        
Name Net charge-offs      
Measure:: 3        
Pay vs Performance Disclosure        
Name Non-interest expense ratio      
PEO | Stock Awards [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount $ (430,307) $ (576,313) $ (545,668) $ 0
PEO | Fair Value at Fiscal Year-End of Equity Awards Granted During the Fiscal Year That Remained Unvested [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 308,078 342,870 443,156 0
PEO | Change in Fair Value at Fiscal Year-End Versus Prior Fiscal Year-End for Awards Granted in a Prior Fiscal Year That Remained Unvested [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (257,838) (134,954) 0 240,340
PEO | Change in Fair Value at Vesting Date Versus Prior Fiscal Year-End for Awards Granted in a Prior Fiscal Year That Vested During the Fiscal Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 22,721 4,919 32,660 119,840
PEO | Change in Pension Value and Nonqualified Deferred Compensation Earnings [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 0 (195,975) (436,709) 0
PEO | Service Cost for Pension Plan [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 0 184,561 430,848 0
Non-PEO NEO | Stock Awards [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (170,782) (228,723) (216,596) (176,022)
Non-PEO NEO | Fair Value at Fiscal Year-End of Equity Awards Granted During the Fiscal Year That Remained Unvested [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 122,271 136,076 175,905 160,447
Non-PEO NEO | Change in Fair Value at Fiscal Year-End Versus Prior Fiscal Year-End for Awards Granted in a Prior Fiscal Year That Remained Unvested [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (102,338) (104,512) (25,607) 85,452
Non-PEO NEO | Change in Fair Value at Vesting Date Versus Prior Fiscal Year-End for Awards Granted in a Prior Fiscal Year That Vested During the Fiscal Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 19,080 (5,598) 22,593 31,734
Non-PEO NEO | Change in Pension Value and Nonqualified Deferred Compensation Earnings [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 0 0 0 0
Non-PEO NEO | Service Cost for Pension Plan [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount $ 0 $ 0 $ 0 $ 0