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FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)

3 Months Ended

Sep. 30, 2025

Fair Value Disclosures [Abstract]

Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis

Those assets and liabilities measured at fair value on a recurring basis are summarized below:

			September 30, 2025
			Quoted Prices in Active Markets for Identical Assets (Level 1)						Significant Other Observable Inputs (Level 2)						Significant Unobservable Inputs (Level 3)						Total
			(In Thousands)
Assets:
Debt securities available for sale:
Asset-backed securities			$	—					$	58,488					$	—					$	58,488
Collateralized loan obligations			—						331,855						—						331,855
Corporate bonds			—						137,323						—						137,323
Total debt securities			—						527,666						—						527,666
Mortgage-backed securities available for sale:
Residential pass-through securities			—						356,339						—						356,339
Commercial pass-through securities			—						132,177						—						132,177
Total mortgage-backed securities			—						488,516						—						488,516
Total securities available for sale			$	—					$	1,016,182					$	—					$	1,016,182
Interest rate contracts			$	—					$	10,288					$	—					$	10,288
Total assets			$	—					$	1,026,470					$	—					$	1,026,470
Liabilities:
Interest rate contracts			$	—					$	5,182					$	—					$	5,182
Total liabilities			$	—					$	5,182					$	—					$	5,182

			June 30, 2025
			Quoted Prices in Active Markets for Identical Assets (Level 1)						Significant Other Observable Inputs (Level 2)						Significant Unobservable Inputs (Level 3)						Total
			(In Thousands)
Assets:
Debt securities available for sale:
Asset-backed securities			$	—					$	59,498					$	—					$	59,498
Collateralized loan obligations			—						323,245						—						323,245
Corporate bonds			—						140,117						—						140,117
Total debt securities			—						522,860						—						522,860
Mortgage-backed securities available for sale:
Residential pass-through securities			—						357,319						—						357,319
Commercial pass-through securities			—						132,790						—						132,790
Total mortgage-backed securities			—						490,109						—						490,109
Total securities available for sale			$	—					$	1,012,969					$	—					$	1,012,969
Interest rate contracts			$	—					$	16,745					$	—					$	16,745
Total assets			$	—					$	1,029,714					$	—					$	1,029,714

Schedule of Assets Measured at Fair Value on a Non-recurring Basis

Those assets measured at fair value on a non-recurring basis are summarized below:

			September 30, 2025
			Quoted Prices in Active Markets for Identical Assets (Level 1)						Significant Other Observable Inputs (Level 2)						Significant Unobservable Inputs (Level 3)						Total
			(In Thousands)
Collateral dependent loans:
Multi-family mortgage			$	—					$	—					$	16,328					$	16,328
Nonresidential mortgage			—						—						4,697						4,697
Total			$	—					$	—					$	21,025					$	21,025

			June 30, 2025
			Quoted Prices in Active Markets for Identical Assets (Level 1)						Significant Other Observable Inputs (Level 2)						Significant Unobservable Inputs (Level 3)						Total
			(In Thousands)
Collateral dependent loans:
Multi-family mortgage			$	—					$	—					$	16,385					$	16,385
Nonresidential mortgage			—						—						4,697						4,697
Total			$	—					$	—					$	21,082					$	21,082

Schedule of Quantitative Information about Level 3 Fair Value Measurements

The following tables present additional quantitative information about assets measured at fair value on a non-recurring basis and for which the Company has utilized adjusted Level 3 inputs to determine fair value:

			September 30, 2025
			Fair Value						Valuation Techniques						Unobservable Input						Range						Weighted Average
			(Dollars in Thousands)
Collateral dependent loans:
Multi-family mortgage			$	16,328					Market valuation of underlying collateral			(1)			Adjustments to reflect current conditions/selling costs			(2)			6.00% - 23.00%						13.92		%
Nonresidential mortgage			4,697						Market valuation of underlying collateral			(1)			Adjustments to reflect current conditions/selling costs			(2)			9.44%						9.44		%
Total			$	21,025

			June 30, 2025
			Fair Value						Valuation Techniques						Unobservable Input						Range						Weighted Average
			(Dollars in Thousands)
Collateral dependent loans:
Multi-family mortgage			$	16,385					Market valuation of underlying collateral			(1)			Adjustments to reflect current conditions/selling costs			(2)			6.00% - 24.00%						15.08		%
Nonresidential mortgage			4,697						Market valuation of underlying collateral			(1)			Adjustments to reflect current conditions/selling costs			(2)			9.44%						9.44		%
Total			$	21,082

___________________________________

(1)The fair value of collateral dependent loans is generally determined based on an independent appraisal of the fair value of a loan’s underlying collateral.

(2)The fair value basis of collateral dependent loans is adjusted to reflect management’s estimates of selling costs including, but not limited to, real estate brokerage commissions and title transfer fees.

Schedule of Carrying Amounts and Fair Values of Financial Instruments

The following tables present the carrying amount, fair value, and placement in the fair value hierarchy of the Company’s financial instruments as of September 30, 2025 and June 30, 2025:

			September 30, 2025
			Carrying Amount						Fair Value						Quoted Prices in Active Markets for Identical Assets (Level 1)						Significant Other Observable Inputs (Level 2)						Significant Unobservable Inputs (Level 3)
			(In Thousands)
Financial assets:
Cash and cash equivalents			$	130,139					$	130,139					$	130,139					$	—					$	—
Investment securities available for sale			1,016,182						1,016,182						—						1,016,182						—
Investment securities held to maturity			116,681						104,817						—						104,817						—
Loans held-for-sale			6,650						6,780						—						6,780						—
Net loans receivable			5,722,359						5,308,718						—						—						5,308,718
FHLB Stock			62,011						—						—						—						—
Interest receivable			29,460						29,460						39						7,916						21,505
Interest rate contracts			10,288						10,288						—						10,288						—
Financial liabilities:
Deposits other than certificates of deposits			3,664,294						3,664,294						3,664,294						—						—
Certificates of deposits			1,967,588						1,963,698						—						—						1,963,698
Borrowings			1,206,497						1,207,835						—						—						1,207,835
Interest payable on deposits			3,422						3,422						1,383						—						2,039
Interest payable on borrowings			3,185						3,185						—						—						3,185
Interest rate contracts			5,182						5,182						—						5,182						—

			June 30, 2025
			Carrying Amount						Fair Value						Quoted Prices in Active Markets for Identical Assets (Level 1)						Significant Other Observable Inputs (Level 2)						Significant Unobservable Inputs (Level 3)
			(In Thousands)
Financial assets:
Cash and cash equivalents			$	167,269					$	167,269					$	167,269					$	—					$	—
Investment securities available for sale			1,012,969						1,012,969						—						1,012,969						—
Investment securities held to maturity			120,217						106,712						—						106,712						—
Loans held-for-sale			5,931						6,069						—						6,069						—
Net loans receivable			5,766,746						5,309,760						—						—						5,309,760
FHLB Stock			64,261						—						—						—						—
Interest receivable			28,098						28,098						40						6,930						21,128
Interest rate contracts			16,745						16,745						—						16,745						—
Financial liabilities:
Deposits other than certificates of deposits			3,698,643						3,698,643						3,698,643						—						—
Certificates of deposits			1,976,574						1,970,863						—						—						1,970,863
Borrowings			1,256,491						1,257,269						—						—						1,257,269
Interest payable on deposits			5,259						5,259						1,710						—						3,549
Interest payable on borrowings			3,455						3,455						—						—						3,455
Interest rate contracts			5,149						5,149						—						5,149						—

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- Definition

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Tabular disclosure of assets and liabilities by class, including financial instruments measured at fair value that are classified in shareholders' equity, if any, that are measured at fair value on a nonrecurring basis in periods after initial recognition (for example, impaired assets). Disclosures may include, but are not limited to: (a) the fair value measurements recorded and the reasons for the measurements and (b) the level within the fair value hierarchy in which the fair value measurements are categorized in their entirety (levels 1, 2, 3).

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Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities.

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Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

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