XML 13 R2.htm IDEA: XBRL DOCUMENT v3.23.3
Condensed Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Sep. 30, 2023
Jun. 30, 2023
Assets    
Cash and cash equivalents $ 57,978 $ 65,849
Investment securities - held to maturity, at cost with no allowance for credit losses 147,574 154,337
Investment securities - available for sale, at fair value with no allowance for credit losses 2,090 2,155
Loans held for investment, net of allowance for credit losses of $7,679 and $5,946, respectively; includes $1,061 and $1,312 of loans held at fair value, respectively; $861.4 million and $967.6 million pledged to FHLB - San Francisco, respectively; $106.6 million and $0 pledged to FRB - San Francisco, respectively; 1,072,170  
Loans held for investment, net of allowance for credit losses of $7,679 and $5,946, respectively; includes $1,061 and $1,312 of loans held at fair value, respectively; $861.4 million and $967.6 million pledged to Federal Home Loan Bank ("FHLB") - San Francisco, respectively; $106.6 million and $0 pledged to Federal Reserve Bank ("FRB") - San Francisco, respectively   1,077,629
Accrued interest receivable 3,952 3,711
FHLB - San Francisco stock 9,505 9,505
Premises and equipment, net 9,426 9,231
Prepaid expenses and other assets 10,420 10,531
Total assets 1,313,115 1,332,948
Liabilities:    
Noninterest-bearing deposits 105,944 103,007
Interest-bearing deposits 825,187 847,564
Total deposits 931,131 950,571
Borrowings 235,009 235,009
Accounts payable, accrued interest and other liabilities 17,770 17,681
Total liabilities 1,183,910 1,203,261
Commitments and Contingencies
Stockholders' equity:    
Preferred stock, $0.01 par value (2,000,000 shares authorized; none issued and outstanding)
Common stock, $0.01 par value; (40,000,000 and 40,000,000 shares authorized; 18,229,615 and 18,229,615 shares issued respectively; 7,007,058 and 7,043,170 outstanding, respectively) 183 183
Additional paid-in capital 99,554 99,505
Retained earnings 207,231 207,274
Treasury stock at cost (11,222,557 and 11,186,445 shares, respectively) (177,732) (177,237)
Accumulated other comprehensive loss, net of tax (31) (38)
Total stockholders' equity 129,205 129,687
Total liabilities and stockholders' equity $ 1,313,115 $ 1,332,948