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SECURITIES (Tables)
 9 Months Ended
Mar. 31, 2025
Investments, Debt and Equity Securities [Abstract]  
Schedule of Available-for-sale Securities Reconciliation
The following tables present the amortized cost, gross unrealized gains and losses and estimated fair values for available for sale securities and the amortized cost, gross unrecognized gains and losses and estimated fair values for held to maturity securities as of the dates indicated:
March 31, 2025
Amortized
Cost		Gross
Unrealized
Gains		Gross
Unrealized
Losses		Allowance for
Credit Losses		Fair
Value
(In Thousands)
Available for sale:    
Debt securities:    
Asset-backed securities$69,962 $117 $476 $— $69,603 
Collateralized loan obligations323,466 1,378 108 — 324,736 
Corporate bonds138,969 267 9,566 — 129,670 
Total debt securities532,397 1,762 10,150 — 524,009 
    
Mortgage-backed securities:    
Residential pass-through securities (1)
429,942 7 84,355 — 345,594 
Commercial pass-through securities (1)
153,748 461 20,419 — 133,790 
Total mortgage-backed securities583,690 468 104,774 — 479,384 
    
Total securities available for sale$1,116,087 $2,230 $114,924 $— $1,003,393 
___________________________
(1)Government-sponsored enterprises.
June 30, 2024
Amortized
Cost		Gross
Unrealized
Gains		Gross
Unrealized
Losses		Allowance for
Credit Losses		Fair
Value
(In Thousands)
Available for sale:    
Debt securities:    
Asset-backed securities$80,305 $217 $82 $— $80,440 
Collateralized loan obligations386,983 2,574 14 — 389,543 
Corporate bonds150,891 64 19,158 — 131,797 
Total debt securities618,179 2,855 19,254 — 601,780 
    
Mortgage-backed securities:   
Residential pass-through securities (1)
429,473 2 92,211 — 337,264 
Commercial pass-through securities (1)
155,854 63 22,128 — 133,789 
Total mortgage-backed securities585,327 65 114,339 — 471,053 
   
Total securities available for sale$1,203,506 $2,920 $133,593 $— $1,072,833 
___________________________
(1)Government-sponsored enterprises.
Amortized Cost, Gross Unrecognized Gains and Losses and Fair Values of Securities
March 31, 2025
Amortized
Cost		Gross
Unrecognized
Gains		Gross
Unrecognized
Losses		Allowance for
Credit Losses		Fair
Value
(In Thousands)
Held to maturity:   
Debt securities:    
Obligations of state and political subdivisions$8,929 $1 $112 $— $8,818 
Total debt securities8,929 1 112 — 8,818 
    
Mortgage-backed securities:    
Residential pass-through securities (1)
103,740 46 12,272 — 91,514 
Commercial pass-through securities (1)
12,190 — 1,672 — 10,518 
Total mortgage-backed securities115,930 46 13,944 — 102,032 
    
Total securities held to maturity$124,859 $47 $14,056 $— $110,850 
___________________________
(1)Government-sponsored enterprises.
June 30, 2024
Amortized
Cost		Gross
Unrecognized
Gains		Gross
Unrecognized
Losses		Allowance for
Credit Losses		Fair
Value
(In Thousands)
Held to maturity:
Debt securities:
Obligations of state and political subdivisions$12,913 $— $277 $— $12,636 
Total debt securities12,913 — 277 — 12,636 
  
Mortgage-backed securities:  
Residential pass-through securities (1)
110,614 — 14,134 — 96,480 
Commercial pass-through securities (1)
12,215 — 2,053 — 10,162 
Total mortgage-backed securities122,829 — 16,187 — 106,642 
  
Total securities held to maturity$135,742 $— $16,464 $— $119,278 
___________________________
(1)Government-sponsored enterprises.
Stratification by Contractual Maturity of Securities
Excluding the balances of mortgage-backed securities, the following tables present the amortized cost and estimated fair values of debt securities available for sale and held to maturity, by contractual maturity, at March 31, 2025:
March 31, 2025
Amortized
Cost		Fair
Value
(In Thousands)
Available for sale debt securities:
Due in one year or less$— $— 
Due after one year through five years22,025 21,536 
Due after five years through ten years417,620 410,104 
Due after ten years92,752 92,369 
Total$532,397 $524,009 
March 31, 2025
Amortized
Cost		Fair
Value
(In Thousands)
Held to maturity debt securities:
Due in one year or less$3,425 $3,419 
Due after one year through five years5,504 5,399 
Due after five years through ten years— — 
Due after ten years— — 
Total$8,929 $8,818 
Sales of securities available for sale were as follows for the periods presented below:
Three Months Ended
March 31,		Nine Months Ended
March 31,
2025202420252024
(In Thousands)
Available for sale securities sold:
Proceeds from sales of securities$— $— $— $104,083 
Gross realized losses$— $— $— $(18,135)
Net loss on sales of securities$— $— $— $(18,135)
Schedule of Available-for-Sale Securities Pledged
The carrying value of securities pledged were as follows as of the dates presented below:
March 31,
2025		June 30,
2024
(In Thousands)
Securities pledged:
Pledged to secure public funds on deposit$251,600 $100,238 
Pledged for potential borrowings at the Federal Reserve Bank of New York636,386 482,044 
Pledged for the bank term funding program— 88,899 
Total carrying value of securities pledged$887,986 $671,181 
Debt Securities, Available-for-sale, Unrealized Loss Position, Fair Value
The following tables present the gross unrealized losses on securities and the estimated fair value of the related securities, aggregated by investment category and length of time that securities have been in a continuous unrealized loss position within the available for sale portfolio at March 31, 2025 and June 30, 2024:
March 31, 2025
Less than 12 Months 12 Months or MoreTotal
Fair
Value		Unrealized
Losses		Fair
Value		Unrealized
Losses		Number of SecuritiesFair
Value		Unrealized
Losses
(Dollars in Thousands)
Securities Available for Sale:
Asset-backed securities$18,363 $275 $19,103 $201 6$37,466 $476 
Collateralized loan obligations65,665 84 14,976 24 680,641 108 
Corporate bonds2,024 1 117,379 9,565 23119,403 9,566 
Commercial pass-through securities— — 110,677 20,419 7110,677 20,419 
Residential pass-through securities22,131 167 323,033 84,188 102345,164 84,355 
Total$108,183 $527 $585,168 $114,397 144$693,351 $114,924 
June 30, 2024
Less than 12 Months12 Months or MoreTotal
Fair
Value		Unrealized
Losses		Fair
Value		Unrealized
Losses		Number of SecuritiesFair
Value		Unrealized
Losses
(Dollars in Thousands)
Securities Available for Sale:
Asset-backed securities$14,093 $16 $43,411 $66 8$57,504 $82 
Collateralized loan obligations3,863 — 24,986 14 428,849 14 
Corporate bonds— — 121,733 19,158 26121,733 19,158 
Commercial pass-through securities— — 110,741 22,128 8110,741 22,128 
Residential pass-through securities141 2 336,772 92,209 103336,913 92,211 
Total$18,097 $18 $637,643 $133,575 149$655,740 $133,593