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Condensed Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Sep. 30, 2024
Jun. 30, 2024
Assets    
Cash and cash equivalents $ 48,193 $ 51,376
Investment securities - held to maturity, at cost with no allowance for credit losses 124,268 130,051
Investment securities - available for sale, at fair value 1,809 1,849
Loans held for investment, net of allowance for credit losses of $6,329 and $7,065, respectively; includes $1,082 and $1,047 of loans held at fair value, respectively; $774.1 million and $861.1 million pledged to Federal Home Loan Bank ("FHLB") - San Francisco, respectively; $174.4 million and $178.6 million pledged to Federal Reserve Bank ("FRB") - San Francisco, respectively 1,048,633 1,052,979
Accrued interest receivable 4,287 4,287
FHLB - San Francisco stock and other equity investments, includes $565 and $540 of other equity investments at fair value, respectively 10,133 10,108
Premises and equipment, net 9,615 9,313
Prepaid expenses and other assets 10,442 12,237
Total assets 1,257,380 1,272,200
Liabilities:    
Noninterest-bearing deposits 86,458 95,627
Interest-bearing deposits 777,406 792,721
Total deposits 863,864 888,348
Borrowings 249,500 238,500
Accounts payable, accrued interest and other liabilities 14,410 15,411
Total liabilities 1,127,774 1,142,259
Commitments and Contingencies (Notes 6 and 9)
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, and 6,769,247 and 6,847,821 outstanding, respectively) 183 183
Additional paid-in capital 98,711 98,532
Retained earnings 210,853 209,914
Treasury stock at cost (11,460,368 and 11,381,794 shares, respectively) (180,155) (178,685)
Accumulated other comprehensive income (loss), net of tax 14 (3)
Total stockholders' equity 129,606 129,941
Total liabilities and stockholders' equity $ 1,257,380 $ 1,272,200