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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2019
Interest Income      
Loans $ 198,515 $ 187,003 $ 192,386
Taxable investment securities 31,238 39,321 37,213
Tax-exempt investment securities 1,652 2,393 2,839
Other interest-earning assets 2,955 4,491 4,895
Total Interest Income 234,360 233,208 237,333
Interest Expense      
Deposits 31,535 58,852 52,511
Borrowings 18,316 25,002 29,509
Total Interest Expense 49,851 83,854 82,020
Net Interest Income 184,509 149,354 155,313
(Reversal of) Provision for credit losses (1,121) 4,197 3,556
Net Interest Income after (Reversal of) Provision for Credit Losses 185,630 145,157 151,757
Non-Interest Income      
Gain (loss) on sale and call of securities [1] 767 2,250 (323)
Gain on sale of loans [1] 5,574 3,186 580
Loss on sale and write down of other real estate owned   (28) (11)
Income from bank owned life insurance [1] 6,267 6,225 6,339
Bargain purchase gain 3,053    
Other income [1] 1,751 194 475
Total Non-Interest Income 24,751 19,719 13,555
Non-Interest Expense      
Salaries and employee benefits 68,800 62,015 63,029
Net occupancy expense of premises 12,673 11,424 11,220
Equipment and systems 14,870 11,755 12,273
Advertising and marketing 2,161 2,788 3,051
Federal deposit insurance premium 1,940 286 1,779
Directors' compensation 2,993 3,079 3,044
Merger-related expenses 4,349 951  
Debt extinguishment expenses 796 2,156  
Other expense 17,303 13,170 14,847
Total Non-Interest Expense 125,885 107,624 109,243
Income before Income Taxes 84,496 57,252 56,069
Income tax expense 21,263 12,287 13,927
Net Income $ 63,233 $ 44,965 $ 42,142
Net Income per Common Share (EPS)      
Basic $ 0.77 $ 0.55 $ 0.46
Diluted $ 0.77 $ 0.55 $ 0.46
Weighted Average Number of Common Shares Outstanding      
Basic 82,387 82,409 91,054
Diluted 82,391 82,430 91,100
Financial Service [Member]      
Non-Interest Income      
Fees and service charges $ 5,622 $ 6,647 $ 5,445
Credit and Debit Card [Member]      
Non-Interest Income      
Fees and service charges $ 1,717 $ 1,245 $ 1,050
[1]

Not within the scope of ASC 606.