Income Taxes (Tables)

12 Months Ended

Jun. 30, 2013

Text Block [Abstract]

Summary Of Income Tax Expense (Benefit)

	2013	2012	2011
Income tax benefit at the statutory rate	$          (2,341)	$          (2,079)	$        (11,709)
Tax exempt interest	(998)	(872)	(892)
Tax exempt expense (income) from company-owned
life insurance ("COLI")	(377)	74	(483)
State income taxes, net of federal tax benefit	(419)	284	272
Non-deductible meals and entertainment	195	189	160
Non-deductible compensation	1,017	1,234	1,050
Valuation allowance	29,998	28	844
Other, net	(320)	(69)	507
	$         26,755	$          (1,211)	$        (10,251)

Components of Income Taxes

	2013	2012	2011
Current
Federal	$               (76)	$        (10,402)	$          (7,979)
State	(571)	140	921
	$             (647)	$        (10,262)	$          (7,058)
Deferred
Federal	$         27,159	$           8,777	$          (2,923)
State	243	274	(270)
	27,402	9,051	(3,193)
Total income tax expense (benefit)	$         26,755	$          (1,211)	$        (10,251)

Schedule Of Tax Effects Of Temporary Differences That Give Rise To Deferred Tax Assets And Deferred Tax Liabilities

	2013	2012
Deferred tax assets:
Employee compensation plans	$          11,378	$          12,704
Net operating loss carryforward	10,507	-
Allowance for probable loan losses	3,400	7,131
Securities available for sale	3,589	-
Bad debt reserve	2,177	2,078
Deferred rent	1,631	1,608
State taxes	909	1,152
Investment in unconsolidated ventures	909	915
Deferred income on loans	810	582
REO	139	-
Long-term debt	-	1,262
Other	513	645
Gross deferred tax assets	35,962	28,077
Valuation allowance	(30,870)	(872)
Net deferred tax assets	5,092	27,205
Deferred tax liabilities:
Securities available for sale	$                    -	$           (1,462)
Interest rate swaps in cash flow hedging relationships	(626)	-
Fixed assets, net	(426)	(668)
Extraordinary gain related to the M.L. Stern & Co.,
LLC acquisition	-	(239)
Investment in unconsolidated ventures	(120)	(742)
Long-term debt	(82)	-
REO	-	(387)
Other	(249)	(56)
Total gross deferred tax liabilities	(1,503)	(3,554)
Net deferred tax assets – included in other assets on the
Consolidated Statements of Financial Condition	$            3,589	$          23,651

Reconciliation of Net Liability for Uncertain Tax Positions

	June 30, 2013	June 29, 2012	June 24, 2011
Balance at the beginning of the year	$            1,125	$            1,394	$            1,121
Increases as a result of tax positions taken during prior years	-	551	168
Increases as a result of tax positions taken during the current period	20	71	32
Decreases as a result of tax positions taken during prior years	(381)	(558)	(47)
Decreases as a result of tax positions taken during the current period	(10)	-	(45)
Lapse of applicable statute of limitations	(361)	(99)	399
Settlements	(98)	(234)	(234)
Balance at the end of the year	$               295	$            1,125	$            1,394