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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Mar. 31, 2023
Jun. 30, 2022
ASSETS    
Total cash and cash equivalents $ 178,322 $ 69,009
Long-term certificates of deposit 4,581 4,107
Securities available-for-sale, at fair value 316,864 408,062
Securities held-to-maturity, at amortized cost (fair value $685,893 at March 31, 2023; $710,453 at June 30, 2022) 736,983 761,852
Equity securities, at fair value 295 273
Federal Home Loan Bank stock, at cost 1,461 6,803
Loans 1,409,447 1,251,987
Allowance for loan losses (21,155) (22,761)
Unearned origination fees and costs, net 29 129
Net loans receivable 1,388,321 1,229,355
Premises and equipment, net 14,532 14,362
Bank-owned life insurance 54,714 53,695
Accrued interest receivable 13,992 8,917
Foreclosed real estate 462 68
Prepaid expenses and other assets 18,574 15,237
Total assets 2,729,101 2,571,740
LIABILITIES AND SHAREHOLDERS' EQUITY    
Noninterest-bearing deposits 164,532 187,697
Interest-bearing deposits 2,307,791 2,024,907
Total deposits 2,472,323 2,212,604
Borrowings from Federal Home Loan Bank, short-term 0 123,700
Subordinated notes payable, net 49,449 49,310
Accrued expenses and other liabilities 28,651 28,412
Total liabilities 2,550,423 2,414,026
SHAREHOLDERS' EQUITY    
Preferred stock, Authorized - 1,000,000 shares; Issued - None 0 0
Common stock, par value $0.10 per share; Authorized - 36,000,000 shares; Issued - 17,222,680 shares at March 31, 2023 and June 30, 2022; Outstanding - 17,026,828 shares at March 31, 2023, and June 30, 2022 1,722 1,722
Additional paid-in capital 10,156 10,156
Retained earnings 187,807 165,127
Accumulated other comprehensive loss (20,099) (18,383)
Treasury stock, at cost 195,852 shares at March 31, 2023, and June 30, 2022 (908) (908)
Total shareholders' equity 178,678 157,714
Total liabilities and shareholders' equity $ 2,729,101 $ 2,571,740