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Mortgage Loan Servicing and Loans Originated for Sale (Tables) | 12 Months Ended
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Jun. 30, 2019
Transfers and Servicing [Abstract] |
Schedule of Mortgage Loans Serviced for Others |
|  | At June 30, |
(In Thousands) |  | 2019 |  |  | 2018 |
Loans serviced for Freddie Mac |  | $ | 18,613 |  |  | $ | 19,244 |
Loans serviced for Fannie Mae |  |  | 89,910 |  |  |  | 96,384 |
Loans serviced for FHLB – San Francisco |  |  | 9,724 |  |  |  | 11,786 |
Loans serviced for other investors |  |  | 1,989 |  |  |  | 995 |
Total loans serviced for others |  | $ | 120,236 |  |  | $ | 128,409 |
Schedule of Mortgage Servicing Assets |
|  | Year Ended June 30, |
(Dollars In Thousands) |  | 2019 |  |  | 2018 |
MSA balance, beginning of fiscal year |  | $ | 998 |  |  | $ | 897 |
Additions |  |  | 52 |  |  |  | 237 |
Amortization |  |  | (125 | ) |  |  | (136 | )
MSA balance, end of fiscal year, before allowance |  |  | 925 |  |  |  | 998 |
Allowance |  |  | (298 | ) |  |  | (82 | )
MSA balance, end of fiscal year |  | $ | 627 |  |  | $ | 916 |
Fair value, beginning of fiscal year |  | $ | 1,015 |  |  | $ | 811 |
Fair value, end of fiscal year |  | $ | 627 |  |  | $ | 1,015 |
Allowance, beginning of fiscal year |  | $ | 82 |  |  | $ | 158 |
Impairment provision (recovery) |  |  | 216 |  |  |  | (76 | )
Allowance, end of fiscal year |  | $ | 298 |  |  | $ | 82 |
Key Assumptions: |  |  |  |  |  |  |  |
Weighted-average discount rate |  |  | 9.11 | % |  |  | 9.11 | %
Weighted-average prepayment speed |  |  | 23.86 | % |  |  | 13.42 | %
Schedule of Estimated Future Amortization of Mortgage Servicing Assets |
|  | Amount |
Year Ending June 30, |  | (In Thousands) |
2020 |  | $ | 190 |
2021 |  |  | 154 |
2022 |  |  | 114 |
2023 |  |  | 82 |
2024 |  |  | 59 |
Thereafter |  |  | 326 |
Total estimated amortization expense |  | $ | 925 |
Schedule of Mortgage Servicing Assets, Hypothetical Effect on Fair Value |
|  | Year Ended June 30, |
(Dollars In Thousands) |  | 2019 |  |  | 2018 |
MSA net carrying value |  | $ | 627 |  |  | $ | 916 |
CPR assumption (weighted-average) |  |  | 23.86 | % |  |  | 13.42 | %
Impact on fair value with 10% adverse change in prepayment speed |  | $ | (30 | ) |  | $ | (31 | )
Impact on fair value with 20% adverse change in prepayment speed |  | $ | (58 | ) |  | $ | (61 | )
Discount rate assumption (weighted-average) |  |  | 9.11 | % |  |  | 9.11 | %
Impact on fair value with 10% adverse change in discount rate |  | $ | (20 | ) |  | $ | (45 | )
Impact on fair value with 20% adverse change in discount rate |  | $ | (40 | ) |  | $ | (88 | )
Schedule of Mortgage Servicing Assets Sold |
|  | Year Ended June 30, |
(In Thousands) |  | 2019 |  |  | 2018 |
Loans sold: |  |  |  |  |  |  |  |
Servicing – released |  | $ | 551,754 |  |  | $ | 1,174,618 |
Servicing – retained |  |  | 7,196 |  |  |  | 27,566 |
Total loans sold |  | $ | 558,950 |  |  | $ | 1,202,184 |
Schedule of Mortgage Servicing Assets Held For Sale |
|  | June 30, |
(In Thousands) |  | 2019 |  |  | 2018 |
Fixed rate |  | $ | — |  |  | $ | 94,730 |
Adjustable rate |  |  | — |  |  |  | 1,568 |
Total loans held for sale, at fair value |  | $ | — |  |  | $ | 96,298 |

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