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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2018
INTEREST AND DIVIDEND INCOME:      
Loans and leases, including fees $ 582,748 $ 525,317 $ 446,991
Securities borrowed and customer receivables 16,585 8,746 0
Investments 23,506 30,824 28,083
Total interest and dividend income 622,839 564,887 475,074
INTEREST EXPENSE:      
Deposits 126,916 117,080 79,851
Advances from the Federal Home Loan Bank 11,988 32,834 22,848
Securities loaned 679 748 0
Other borrowings 5,645 5,620 3,881
Total interest expense 145,228 156,282 106,580
Net interest income 477,611 408,605 368,494
Provision for loan and lease losses 42,200 27,350 25,800
Net interest income, after provision for loan and lease losses 435,411 381,255 342,694
NON-INTEREST INCOME:      
Realized gain (loss) on sale of securities 0 709 (18)
Other-than-temporary loss on securities:      
Other-than-temporary loss on securities: 0 (1,666) (6,271)
Less: Portion of other temporary impairment losses recognized in OCI 0 845 6,115
Change to net impairment losses recognized in earnings on securities 0 (821) (156)
Total unrealized loss on securities 0 (821) (156)
Prepayment penalty fee income 5,993 5,851 3,862
Gain on sale - other 6,871 6,160 5,734
Mortgage banking income 20,646 5,267 13,755
Broker-dealer fee income 23,210 11,737 0
Banking and service fees 46,267 53,854 47,764
Total non-interest income 102,987 82,757 70,941
NON-INTEREST EXPENSE:      
Salaries and related costs 144,341 127,433 100,975
Data processing 30,671 24,150 17,400
Depreciation and amortization 24,443 16,471 8,574
Advertising and promotional 14,523 14,710 15,500
Occupancy and equipment 12,059 8,571 6,063
Professional services 11,095 11,916 5,280
Broker-dealer clearing charges 8,210 2,822 0
FDIC and regulatory fees 5,538 9,005 4,860
General and administrative expense 24,886 36,128 15,284
Total non-interest expense 275,766 251,206 173,936
INCOME BEFORE INCOME TAXES 262,632 212,806 239,699
INCOME TAXES 79,194 57,675 87,288
NET INCOME 183,438 155,131 152,411
NET INCOME ATTRIBUTABLE TO COMMON STOCK 183,129 154,822 152,102
COMPREHENSIVE INCOME $ 182,485 $ 155,760 $ 151,311
Basic earnings per share (in dollars per share) $ 3.01 $ 2.50 $ 2.41
Diluted earnings per share (in dollars per share) $ 2.98 $ 2.48 $ 2.37