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Acquisition of Clifton Bancorp Inc - Summary of Assets Acquired and Liabilities Assumed Through Merger at Fair Value (Detail) - USD ($)
$ in Thousands
12 Months Ended
Apr. 02, 2018
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2016
Business Acquisition [Line Items]        
Goodwill recorded in Merger   $ 102,304 $ 0 $ 0
Clifton Bancorp Inc. [Member]        
Business Acquisition [Line Items]        
Cash and cash equivalents $ 36,585      
Investment securities 326,913      
Loans receivable 1,116,821      
Premises and equipment 11,622      
FHLB stock 20,357      
Accrued interest receivable 4,142      
Bank owned life insurance 63,231      
Deferred income taxes, net 22,986      
Core deposit and other intangibles 6,367      
Other real estate owned 140      
Other assets 1,571      
Total assets acquired 1,610,735      
Deposits 949,789      
FHLB borrowings 414,132      
Advance payments by borrowers for taxes 9,777      
Other liabilities 5,400      
Total liabilities assumed 1,379,098      
Net assets acquired 231,637      
Purchase price 333,941      
Goodwill recorded in Merger 102,304      
Clifton Bancorp Inc. [Member] | As Recorded by Clifton [Member]        
Business Acquisition [Line Items]        
Cash and cash equivalents 36,585      
Investment securities 332,183      
Loans receivable 1,191,748      
Allowance for loan losses (8,025)      
Premises and equipment 8,066      
FHLB stock 20,357      
Accrued interest receivable 4,142      
Bank owned life insurance 63,231      
Deferred income taxes, net 6,837      
Other real estate owned 163      
Other assets 1,438      
Total assets acquired 1,656,725      
Deposits 944,988      
FHLB borrowings 421,400      
Advance payments by borrowers for taxes 9,777      
Other liabilities 5,288      
Total liabilities assumed 1,381,453      
Clifton Bancorp Inc. [Member] | Fair Value Adjustments [Member]        
Business Acquisition [Line Items]        
Investment securities [1] (5,270)      
Loans receivable [2] (74,927)      
Allowance for loan losses [3] 8,025      
Premises and equipment [4] 3,556      
Deferred income taxes, net [5] 16,149      
Core deposit and other intangibles [6] 6,367      
Other real estate owned [7] (23)      
Other assets [8] 133      
Total assets acquired (45,990)      
Deposits [9] 4,801      
FHLB borrowings [10] (7,268)      
Other liabilities [11] 112      
Total liabilities assumed $ (2,355)      
[1] Represents the fair value adjustments on investment securities.
[2] Represents the fair value adjustments on the net book value of loans, which includes an interest rate mark and credit mark adjustment and the write-off of deferred fees/costs and premiums.
[3] Represents the elimination of Clifton’s allowance for loan losses.
[4] Represents the fair value adjustments to reflect the fair value of land and buildings and premises and equipment, which will be amortized on a straight-line basis over the estimated useful lives of the individual assets.
[5] Represents an adjustment to net deferred tax assets resulting from the fair value adjustments related to the acquired assets, liabilities assumed and identifiable intangible assets recorded.
[6] Represents the intangible assets recorded to reflect the fair value of core deposits. The core deposit asset was recorded as an identifiable intangible asset and will be amortized on an accelerated basis over the estimated average life of the deposit base.
[7] Represents an adjustment to reduce the carrying value of other real estate owned to fair value, less costs to sell.
[8] Represents an adjustment to other assets acquired.
[9] Represents fair value adjustments on time deposits, which will be treated as a reduction of interest expense over the remaining term of the time deposits.
[10] Represents the fair value adjustments on FHLB borrowings, which will be treated as an increase to interest expense over the life of the borrowings.
[11] Represents an adjustment to other liabilities assumed.