XML 55 R46.htm IDEA: XBRL DOCUMENT v3.22.1
Loans and Allowance for Credit Losses - Balance in the ACL and the recorded investment in loans (Details) - USD ($)
3 Months Ended 9 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Mar. 31, 2022
Mar. 31, 2021
Allowance for credit losses:        
Balance, beginning of period $ 32,529,000 $ 35,471,000 $ 33,222,000 $ 25,139,000
Impact of CECL adoption       9,333,000
Initial ACL on PCD loans 120,000   120,000  
Provision (benefit) charged to expense 1,052,000   373,000 1,385,000
Losses charged off (68,000) (258,000) (136,000) (674,000)
Recoveries 8,000 14,000 62,000 44,000
Balance, end of period 33,641,000 35,227,000 33,641,000 35,227,000
Negative PCL (468,000)      
Residential Real Estate        
Allowance for credit losses:        
Balance, beginning of period 10,757,000 10,398,000 11,192,000 4,875,000
Impact of CECL adoption       3,521,000
Initial ACL on PCD loans 23,000   23,000  
Provision (benefit) charged to expense 434,000 (576,000) 30,000 1,536,000
Losses charged off (30,000) (68,000) (62,000) (178,000)
Recoveries 2,000 1,000 3,000 1,000
Balance, end of period 11,186,000 9,755,000 11,186,000 9,755,000
Construction Real Estate        
Allowance for credit losses:        
Balance, beginning of period 2,126,000 2,387,000 2,170,000 2,010,000
Impact of CECL adoption       (121,000)
Initial ACL on PCD loans 4,000   4,000  
Provision (benefit) charged to expense (143,000) (369,000) (187,000) 129,000
Balance, end of period 1,987,000 2,018,000 1,987,000 2,018,000
Commercial Real Estate        
Allowance for credit losses:        
Balance, beginning of period 14,727,000 15,239,000 14,535,000 12,132,000
Impact of CECL adoption       3,856,000
Initial ACL on PCD loans 52,000   52,000  
Provision (benefit) charged to expense 771,000 2,070,000 963,000 1,319,000
Losses charged off   (91,000)   (90,000)
Recoveries       1,000
Balance, end of period 15,550,000 17,218,000 15,550,000 17,218,000
Consumer loans        
Allowance for credit losses:        
Balance, beginning of period 830,000 1,362,000 916,000 1,182,000
Impact of CECL adoption       1,065,000
Provision (benefit) charged to expense 19,000 (107,000) (93,000) (929,000)
Losses charged off (32,000) (57,000) (57,000) (130,000)
Recoveries 6,000 6,000 57,000 16,000
Balance, end of period 823,000 1,204,000 823,000 1,204,000
Commercial loans        
Allowance for credit losses:        
Balance, beginning of period 4,089,000 6,085,000 4,409,000 4,940,000
Impact of CECL adoption       1,012,000
Initial ACL on PCD loans 41,000   41,000  
Provision (benefit) charged to expense (29,000) (1,018,000) (340,000) (670,000)
Losses charged off (6,000) (42,000) (17,000) (276,000)
Recoveries   7,000 2,000 26,000
Balance, end of period $ 4,095,000 $ 5,032,000 $ 4,095,000 $ 5,032,000