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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Cash Flows from Operating Activities:    
Net income (loss) $ 12,658 $ (3,985)
Adjustment to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization of premises and equipment 2,227 2,426
Net accretion of yield adjustments (878) (1,299)
Deferred income taxes 758 3,638
Amortization of intangible assets 252 268
Amortization (accretion) of benefit plans’ unrecognized net loss (gain) 87 (124)
Provision for credit losses 215 2,350
Loss on write down of other real estate owned 0 974
Loans originated for sale (63,999) (32,812)
Proceeds from sale of mortgage loans held-for-sale 64,844 39,446
Gain on sale of mortgage loans held-for-sale, net (504) (319)
Realized loss on sale/call of investment securities available for sale 0 18,135
Realized loss (gain) on disposition of premises and equipment 37 (11)
Increase in cash surrender value of bank owned life insurance (5,186) (2,827)
ESOP and stock-based compensation expense 1,736 2,563
Decrease (increase) in interest receivable 1,749 (2,125)
Increase in other assets (6,875) (8,745)
Decrease in interest payable (3,098) (296)
(Decrease) increase in other liabilities (4,140) 1,889
Net Cash (Used in) Provided by Operating Activities (117) 19,146
Purchases of:    
Investment securities available for sale (58,852) (64,000)
Investment securities held to maturity (240) (300)
Proceeds from:    
Repayments/calls/maturities of investment securities available for sale 118,215 57,430
Repayments/calls/maturities of investment securities held to maturity 8,646 4,740
Sales of investment securities available for sale 0 104,083
Purchase of loans 0 (49,652)
Net (increase) decrease in loans receivable (52,129) 125,769
Purchase of interest rate contracts (1,272) (887)
Additions to premises and equipment (2,452) (34)
Proceeds from death benefit of bank owned life insurance 1,721 277
Net surrender of bank owned life insurance 0 (5,000)
Proceeds from cash settlement of premises and equipment 1 0
Purchase of FHLB stock (30,155) (35,388)
Redemption of FHLB stock 46,012 23,750
Net Cash Provided by Investing Activities 29,495 160,788
Cash Flows from Financing Activities:    
Net increase (decrease) in deposits 512,948 (309,532)
Repayment of term FHLB advances (2,361,000) (3,375,000)
Proceeds from term FHLB advances and other borrowings 1,955,000 3,525,000
Net (decrease) increase in other short-term borrowings (45,000) 10,000
Net increase (decrease) in advance payments by borrowers for taxes 577 (1,596)
Repurchase and cancellation of common stock of Kearny Financial Corp. 0 (11,240)
Cancellation of shares repurchased on vesting to pay taxes (349) (399)
Dividends paid (13,864) (13,822)
Net Cash Provided by (Used in) Financing Activities 48,312 (176,589)
Net Increase in Cash and Cash Equivalents 77,690 3,345
Cash and Cash Equivalents - Beginning 63,864 70,515
Cash and Cash Equivalents - Ending 141,554 73,860
Cash paid during the period for:    
Income taxes, net of refunds 1,493 4,319
Interest 102,777 89,090
Non-cash investing and financing activities:    
Transfers from loans receivable to loans held-for-sale 0 10,754
Unsettled surrender of bank owned life insurance policies $ 0 $ 44,311