XML 27 R16.htm IDEA: XBRL DOCUMENT v3.25.3
BORROWINGS
 3 Months Ended
Sep. 30, 2025
Debt Disclosure [Abstract]  
BORROWINGS BORROWINGS
Borrowings at September 30, 2025 and June 30, 2025 consisted of the following:
September 30,
2025		June 30,
2025
(In Thousands)
FHLB advances$1,006,497 $1,106,491 
Total fixed-rate advances1,006,497 1,106,491 
Overnight borrowings (1)
200,000 150,000 
Total borrowings$1,206,497 $1,256,491 
___________________________
(1)At September 30, 2025 and June 30, 2025 there were FHLB overnight line of credit borrowings of $200.0 million and $150.0 million, respectively.
Fixed rate advances from the FHLB of New York mature as follows:
September 30, 2025June 30, 2025
BalanceWeighted
Average
Interest Rate		BalanceWeighted
Average
Interest Rate
(Dollars in Thousands)
By remaining period to maturity:
Less than one year$806,500 4.24 %$906,500 4.44 %
One to two years— — — — 
Two to three years200,000 3.98 %200,000 3.98 %
Three to four years— — — — 
Four to five years— — — — 
Greater than five years— — — — 
Total advances1,006,500 4.19 %1,106,500 4.36 %
Unamortized fair value adjustments(3)(9)
Total advances, net of fair value adjustments$1,006,497 $1,106,491 
At September 30, 2025, FHLB advances and overnight line of credit borrowings were collateralized by the FHLB capital stock owned by the Bank and mortgage loans with carrying values totaling approximately $3.22 billion. At June 30, 2025, FHLB advances and overnight line of credit borrowings were collateralized by the FHLB capital stock owned by the Bank and mortgage loans with carrying values totaling approximately $3.24 billion. At September 30, 2025, the Company maintained available secured borrowing capacity with the FHLB and the Federal Reserve Discount Window of $2.54 billion.