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LOANS RECEIVABLE (Tables)
 3 Months Ended
Sep. 30, 2025
Receivables [Abstract]  
Schedule of Loans Receivable
The following table sets forth the composition of the Company’s loan portfolio at September 30, 2025 and June 30, 2025:
September 30,
2025		June 30,
2025
(In Thousands)
Commercial loans:
Multi-family mortgage$2,640,737 $2,709,654 
Nonresidential mortgage988,969 986,556 
Commercial business142,304 138,755 
Construction189,626 177,713 
Total commercial loans3,961,636 4,012,678 
One- to four-family residential mortgage1,749,362 1,748,591 
Consumer loans:
Home equity loans54,116 50,737 
Other consumer2,487 2,533 
Total consumer loans56,603 53,270 
Total loans5,767,601 5,814,539 
Unaccreted yield adjustments (1)
(182)(1,602)
Total loans receivable, net of yield adjustments$5,767,419 $5,812,937 
___________________________
(1)At September 30, 2025 and June 30, 2025, included a fair value adjustment to the carrying amount of hedged one- to four-family residential mortgage loans.
Contractual Payment Status of Past Loans Receivable The following tables present the payment status of past due loans as of September 30, 2025 and June 30, 2025, by loan segment:
Payment Status
September 30, 2025
30-59 Days60-89 Days90 Days and OverTotal Past DueCurrentTotal
(In Thousands)
Multi-family mortgage$1,524 $1,204 $27,076 $29,804 $2,610,933 $2,640,737 
Nonresidential mortgage— — 4,927 4,927 984,042 988,969 
Commercial business509 179 453 1,141 141,163 142,304 
Construction4,500 — 20,494 24,994 164,632 189,626 
One- to four-family residential mortgage1,001 1,149 3,271 5,421 1,743,941 1,749,362 
Home equity loans276 — 298 574 53,542 54,116 
Other consumer— — — — 2,487 2,487 
Total loans$7,810 $2,532 $56,519 $66,861 $5,700,740 $5,767,601 
Payment Status
June 30, 2025
30-59 Days60-89 Days90 Days and OverTotal Past DueCurrentTotal
(In Thousands)
Multi-family mortgage$— $5,270 $22,218 $27,488 $2,682,166 $2,709,654 
Nonresidential mortgage926 — 4,937 5,863 980,693 986,556 
Commercial business— 400 1,301 1,701 137,054 138,755 
Construction— — — — 177,713 177,713 
One- to four-family residential mortgage1,350 2,890 3,643 7,883 1,740,708 1,748,591 
Home equity loans176 96 204 476 50,261 50,737 
Other consumer— — — — 2,533 2,533 
Total loans$2,452 $8,656 $32,303 $43,411 $5,771,128 $5,814,539 
Performance Status of Loans Receivable
The following tables present information relating to the Company’s nonperforming loans as of September 30, 2025 and June 30, 2025:
Performance Status
September 30, 2025
90 Days and Over Past Due AccruingNonaccrual Loans with Allowance for Credit LossesNonaccrual Loans with no Allowance for Credit LossesTotal NonperformingPerformingTotal
(In Thousands)
Multi-family mortgage$— $7,227 $24,388 $31,615 $2,609,122 $2,640,737 
Nonresidential mortgage— — 5,732 5,732 983,237 988,969 
Commercial business— 838 301 1,139 141,165 142,304 
Construction20,494 — — 20,494 169,132 189,626 
One- to four-family residential mortgage— 2,383 2,918 5,301 1,744,061 1,749,362 
Home equity loans— 106 192 298 53,818 54,116 
Other consumer— — — — 2,487 2,487 
Total loans$20,494 $10,554 $33,531 $64,579 $5,703,022 $5,767,601 
Performance Status
June 30, 2025
90 Days and Over Past Due AccruingNonaccrual Loans with Allowance for Credit LossesNonaccrual Loans with no Allowance for Credit LossesTotal NonperformingPerformingTotal
(In Thousands)
Multi-family mortgage$— $15,867 $14,990 $30,857 $2,678,797 $2,709,654 
Nonresidential mortgage— — 5,763 5,763 980,793 986,556 
Commercial business— 1,930 293 2,223 136,532 138,755 
Construction— — — — 177,713 177,713 
One- to four-family residential mortgage— 2,862 3,688 6,550 1,742,041 1,748,591 
Home equity loans— 188 16 204 50,533 50,737 
Other consumer— — — — 2,533 2,533 
Total loans$— $20,847 $24,750 $45,597 $5,768,942 $5,814,539 
Troubled Debt Restructurings of Loans Receivable
The following table presents the amortized cost basis at September 30, 2024 of loan modifications made to borrowers experiencing financial difficulty that were restructured during the three months ended September 30, 2024, by type of modification:
Three Months Ended September 30, 2024
Payment DelayTerm ExtensionPayment Delay, Term Extension and Interest Rate ReductionsTotalPercent of Total Class
(Dollars In Thousands)
Multi-family mortgage$8,782 $— $2,666 $11,448 0.43 %
Nonresidential mortgage178 — — 178 0.02 %
Total$8,960 $— $2,666 $11,626 
The following table presents the performance status of the loans that were modified in the last twelve months to borrowers experiencing financial difficulties:
September 30, 2025
Current30-89 Days Past Due90 Days or More Past DueTotal
Past Due		Non-Accrual
(Dollars In Thousands)
Multi-family mortgage$22,466 $— $— $— $3,335 
Commercial business43— — — 43
Total$22,509 $— $— $— $3,378 
Carrying Value of Collateral Dependent Individually Analyzed Loans
The following table presents the carrying value and related allowance of collateral dependent individually analyzed loans at the dates indicated:
September 30, 2025June 30, 2025
Carrying ValueRelated AllowanceCarrying ValueRelated Allowance
(In Thousands)
Commercial loans:
Multi-family mortgage$30,363 $1,014 $30,808 $1,377 
Nonresidential mortgage (1)
4,697 — 4,697 — 
Total commercial loans35,060 1,014 35,505 1,377 
One- to four-family residential mortgage (2)
202 — 2,264 — 
Consumer loans:
Home equity loans (2)
15 — 16 — 
Total$35,277 $1,014 $37,785 $1,377 
___________________________
(1)Secured by income-producing nonresidential property.
(2)Secured by one- to four-family residential properties.
Credit-Rating Classification of Loans Receivable
The following table presents the risk category of loans and current period gross charge-offs as of September 30, 2025 by loan segment and vintage year:
Term Loans by Origination Year for Fiscal Years ended June 30,
20262025202420232022PriorRevolving LoansTotal
(In Thousands)
Multi-family mortgage:
Pass$4,080 $144,457 $26,366 $588,995 $892,595 $917,056 $— $2,573,549 
Special Mention— — — — — — — — 
Substandard— — — — 1,524 65,664 — 67,188 
Doubtful— — — — — — — — 
Total multi-family mortgage4,080 144,457 26,366 588,995 894,119 982,720 — 2,640,737 
Multi-family current period gross charge-offs— — — — — 386 — 386 
Nonresidential mortgage:
Pass17,782 131,885 81,034 101,774 189,280 448,811 — 970,566 
Special Mention— — — — — 6,589 — 6,589 
Substandard— — — — — 11,814 — 11,814 
Doubtful— — — — — — — — 
Total nonresidential mortgage17,782 131,885 81,034 101,774 189,280 467,214 — 988,969 
Nonresidential current period gross charge-offs— — — — — 5 — 5 
Commercial business:
Pass16,091 17,094 9,004 5,165 20,302 20,653 52,539 140,848 
Special Mention— — — — 253 118 — 371 
Substandard— 86 400 — — 599 — 1,085 
Doubtful— — — — — — — — 
Total commercial business16,091 17,180 9,404 5,165 20,555 21,370 52,539 142,304 
Commercial current period gross charge-offs— — — — — 636 — 636 
Construction loans:
Pass1,226 52,851 88,757 — 979 12,329 5,735 161,877 
Special Mention— — — — — 2,755 — 2,755 
Substandard— — 4,500 — — 20,494 — 24,994 
Doubtful— — — — — — — — 
Total construction loans1,226 52,851 93,257 — 979 35,578 5,735 189,626 
Construction current period gross charge-offs— — — — — — — — 
Residential mortgage:
Pass40,790 137,282 156,899 171,218 406,528 824,226 — 1,736,943 
Special Mention— — — — — 303 — 303 
Substandard— — 296 1,444 769 9,607 — 12,116 
Doubtful— — — — — — — — 
Total residential mortgage40,790 137,282 157,195 172,662 407,297 834,136 — 1,749,362 
Residential current period gross charge-offs— — — — — 45 — 45 
Home equity loans:
Pass— 451 1,625 4,440 1,540 7,532 38,035 53,623 
Special Mention— — — — — — — — 
Substandard— — 93 — 83 155 162 493 
Doubtful— — — — — — — — 
Total home equity loans— 451 1,718 4,440 1,623 7,687 38,197 54,116 
Home equity current period gross charge-offs— — — — — 10 — 10 
Other consumer loans
Pass258 364 300 187 81 1,180 27 2,397 
Special Mention— — — — — — — — 
Substandard— — — — — — — — 
Doubtful— — — — — 3 87 90 
Other consumer loans258 364 300 187 81 1,183 114 2,487 
Other consumer current period gross charge-offs— — — — — — — — 
Total loans$80,227 $484,470 $369,274 $873,223 $1,513,934 $2,349,888 $96,585 $5,767,601 
Total current period gross charge-offs$— $— $— $— $— $1,082 $— $1,082 
The following table presents the risk category of loans and gross charge-offs as of June 30, 2025 by loan segment and vintage year:
Term Loans by Origination Year for Fiscal Years ended June 30,
20252024202320222021PriorRevolving LoansTotal
(In Thousands)
Multi-family mortgage:
Pass$146,525 $26,430 $591,647 $939,414 $219,907 $720,674 $— $2,644,597 
Special Mention— — — — — — — — 
Substandard— — — — 11,830 53,227 — 65,057 
Doubtful— — — — — — — — 
Total multi-family mortgage146,525 26,430 591,647 939,414 231,737 773,901 — 2,709,654 
Multi-family current period gross charge-offs— — — — — — — — 
Nonresidential mortgage:
Pass132,407 81,426 102,965 190,781 107,519 352,364 49 967,511 
Special Mention— — — — 945 6,187 — 7,132 
Substandard— — — — 851 11,062 — 11,913 
Doubtful— — — — — — — — 
Total nonresidential mortgage132,407 81,426 102,965 190,781 109,315 369,613 49 986,556 
Nonresidential current period gross charge-offs— — — — — 830 — 830 
Commercial business:
Pass23,729 9,355 5,718 20,915 14,264 7,608 53,647 135,236 
Special Mention— — — 1,043 125 — — 1,168 
Substandard87 400 — — — 1,735 129 2,351 
Doubtful— — — — — — — — 
Total commercial business23,816 9,755 5,718 21,958 14,389 9,343 53,776 138,755 
Commercial current period gross charge-offs— — — — — 295 — 295 
Construction loans:
Pass41,990 85,712 — 979 8,991 3,362 5,735 146,769 
Special Mention— — — — 5,950 — — 5,950 
Substandard— 4,500 — — 20,494 — — 24,994 
Doubtful— — — — — — — — 
Total construction loans41,990 90,212 — 979 35,435 3,362 5,735 177,713 
Construction current period gross charge-offs— — — — — — — — 
Residential mortgage:
Pass138,854 160,333 174,947 410,255 432,804 417,105 5 1,734,303 
Special Mention— — — — — 687 — 687 
Substandard— 299 1,459 773 799 10,271 — 13,601 
Doubtful— — — — — — — — 
Total residential mortgage138,854 160,632 176,406 411,028 433,603 428,063 5 1,748,591 
Residential current period gross charge-offs— — — — — 2 — 2 
Home equity loans:
Pass800 1,690 4,606 1,648 302 7,612 33,553 50,211 
Special Mention— — — — — — 96 96 
Substandard— 96 — 83 — 180 71 430 
Doubtful— — — — — — — — 
Total home equity loans800 1,786 4,606 1,731 302 7,792 33,720 50,737 
Home equity current period gross charge-offs— — — — — 2 — 2 
Other consumer loans
Pass605 343 189 86 236 976 26 2,461 
Special Mention— — — — — — — — 
Substandard— — — — — — — — 
Doubtful— — — — — — 72 72 
Other consumer loans605 343 189 86 236 976 98 2,533 
Other consumer current period gross charge-offs— — — — — 7 — 7 
Total loans$484,997 $370,584 $881,531 $1,565,977 $825,017 $1,593,050 $93,383 $5,814,539 
Total current period gross charge-offs$— $— $— $— $— $1,136 $— 1,136