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CONSOLIDATED STATEMENTS OF CONDITION (unaudited) - USD ($)
$ in Thousands
Sep. 30, 2023
Jun. 30, 2023
Assets    
Cash and due from banks $ 83,784 $ 33,584
Federal funds sold 2,373 2,167
Interest-earning deposits with banks 130,387 114,727
Cash and cash equivalents 216,544 150,478
Securities available for sale, at fair value   431,667
Securities available for sale, at fair value 412,275  
Securities held to maturity (fair value of $21,903 at September 30, 2023; and $21,744 at June 30, 2023)   23,949
Securities held to maturity (fair value of $21,903 at September 30, 2023; and $21,744 at June 30, 2023) 23,908  
Equity securities, at fair value 2,493 2,413
Federal Home Loan Bank of New York stock 1,234 1,196
Loans receivable 1,224,573  
Allowance for credit losses (21,069) (22,469)
Net loans receivable 1,203,504  
Loans receivable   1,166,638
Allowance for loan losses   (22,469)
Net loans receivable   1,144,169
Accrued interest receivable 7,124 7,194
Premises and equipment, net 41,455 41,617
Bank-owned life insurance 16,266 16,322
Goodwill 10,879 8,799
Other intangible assets, net 3,351 2,096
Other assets 24,374 26,291
Total assets 1,963,407 1,856,191
Deposits:    
Non-interest bearing deposits 607,931 526,119
Interest bearing deposits 1,030,904 1,015,732
Total deposits 1,638,835 1,541,851
Mortgagors' escrow deposits 3,524 7,888
Other liabilities 49,277 39,752
Total liabilities 1,691,636 1,589,491
Commitments and contingent liabilities - See Note 9
Shareholders' Equity    
Preferred stock ($0.01 par value, 5,000,000 shares authorized, no shares issued or outstanding as of September 30, 2023 and June 30, 2023)
Common stock ($0.01 par value, 75,000,000 shares authorized, 25,977,679 shares issued and outstanding as of September 30, 2023 and June 30, 2023) 260 260
Additional paid in capital 113,491 113,543
Retained earnings 176,964 173,038
Unallocated common stock of Employee Stock Ownership Plan ("ESOP") (10,404) (10,573)
Accumulated other comprehensive loss (8,540) (9,568)
Total shareholders' equity 271,771 266,700
Total liabilities and shareholders' equity $ 1,963,407 $ 1,856,191