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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2023
Jun. 30, 2022
Assets    
Cash and cash equivalents $ 53,979 $ 86,792
Interest-bearing time deposits 1,242 4,768
Available for sale securities (Note 2) 417,554 235,394
Stock in FHLB of Des Moines 11,540 5,893
Stock in Federal Reserve Bank of St. Louis 9,061 5,790
Loans receivable, net of ACL of $47,820 and $33,192 at June 30, 2023 and June 30, 2022, respectively (Note 3) 3,571,078 2,686,198
Accrued interest receivable 18,871 11,052
Premises and equipment, net (Note 4) 92,397 71,347
Bank owned life insurance - cash surrender value 71,684 48,705
Goodwill 50,773 27,288
Other intangible assets, net 30,472 8,175
Prepaid expenses and other assets 31,560 23,380
TOTAL ASSETS 4,360,211 3,214,782
Liabilities and Stockholders' Equity    
Deposits (Note 5) 3,725,540 2,815,075
Advances from FHLB (Note 6) 133,514 37,957
Accounts payable and other liabilities 27,271 17,122
Accrued interest payable 4,723 801
Subordinated debt (Note 7) 23,105 23,055
TOTAL LIABILITIES 3,914,153 2,894,010
Commitments and contingencies (Note 12)
Common stock, $.01 par value; 25,000,000 shares authorized; 11,919,087 and 9,815,736 shares issued at June 30, 2023 and June 30, 2022, respectively 119 98
Additional paid-in capital 218,260 119,162
Retained earnings 270,720 240,115
Treasury stock of 588,625 shares at June 30, 2023 and June 30, 2022, at cost (21,116) (21,116)
Accumulated other comprehensive loss (21,925) (17,487)
TOTAL STOCKHOLDERS' EQUITY 446,058 320,772
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 4,360,211 $ 3,214,782