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Capital
 12 Months Ended
Jun. 30, 2020
Banking And Thrift, Regulatory Capital Requirements [Abstract]  
Capital
Capital
At June 30, 2020, stockholder's equity totaled $408,263. HomeTrust Bancshares, Inc. is a bank holding company subject to regulation by the Federal Reserve. As a bank holding company, we are subject to capital adequacy requirements of the Federal Reserve under the Bank Holding Company Act of 1956, as amended and the regulations of the Federal Reserve. Our subsidiary, the Bank, an FDIC-insured, North Carolina state-chartered bank and a member of the Federal Reserve System, is supervised and regulated by the Federal Reserve and the NCCOB and is subject to minimum capital requirements applicable to state member banks established by the Federal Reserve that are calculated in a manner similar to those applicable to bank holding companies. Failure to meet minimum capital requirements can initiate certain mandatory and possibly additional discretionary actions by bank regulators that, if undertaken, could have a direct material effect on the Company's financial statements.
Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Bank must meet specific capital guidelines that involve quantitative measures of the Bank’s assets, liabilities and certain off-balance-sheet items as calculated under regulatory accounting practices. The Bank’s capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings and other factors.
At June 30, 2020, HomeTrust Bancshares, Inc. and the Bank each exceeded all regulatory capital requirements as of that date. Consistent with our goals to operate a sound and profitable organization, our policy is for the Bank to maintain a “well-capitalized” status under the regulatory capital categories of the Federal Reserve. The Bank was categorized as "well-capitalized" at June 30, 2020 under applicable regulatory requirements.
HomeTrust Bancshares, Inc. and the Bank's actual and required minimum capital amounts and ratios are as follows:
 
 
 
Regulatory Requirements
 
Actual
 
Minimum for Capital
Adequacy Purposes
 
Minimum to Be
Well Capitalized
 
Amount
 
Ratio
 
Amount
 
Ratio
 
Amount
 
Ratio
HomeTrust Bancshares, Inc.
 
 
 
 
 
 
 
 
 
 
 
As of June 30, 2020
 
 
 
 
 
 
 
 
 
 
 
Common Equity Tier I Capital (to Risk-weighted Assets)
$
374,437

 
11.26
%
 
$
149,614

 
4.50
%
 
$
216,109

 
6.50
%
Tier I Capital (to Total Adjusted Assets)
$
374,437

 
10.26
%
 
$
146,047

 
4.00
%
 
$
182,559

 
5.00
%
Tier I Capital (to Risk-weighted Assets)
$
374,437

 
11.26
%
 
$
199,485

 
6.00
%
 
$
265,980

 
8.00
%
Total Risk-based Capital (to Risk-weighted Assets)
$
402,964

 
12.12
%
 
$
265,980

 
8.00
%
 
$
332,476

 
10.00
%
 
 
 
 
 
 
 
 
 
 
 
 
As of June 30, 2019
 

 
 

 
 

 
 

 
 

 
 

Common Equity Tier I Capital (to Risk-weighted Assets)
$
374,729

 
12.20
%
 
$
138,226

 
4.50
%
 
$
199,659

 
6.50
%
Tier I Capital (to Total Adjusted Assets)
$
374,729

 
10.89
%
 
$
137,649

 
4.00
%
 
$
172,062

 
5.00
%
Tier I Capital (to Risk-weighted Assets)
$
374,729

 
12.20
%
 
$
184,301

 
6.00
%
 
$
245,734

 
8.00
%
Total Risk-based Capital (to Risk-weighted Assets)
$
396,613

 
12.91
%
 
$
245,734

 
8.00
%
 
$
307,168

 
10.00
%
 
 
 
 
 
 
 
 
 
 
 
 
HomeTrust Bank:
 

 
 

 
 

 
 

 
 

 
 

As of June 30, 2020
 

 
 

 
 

 
 

 
 

 
 

Common Equity Tier I Capital (to Risk-weighted Assets)
$
362,841

 
10.91
%
 
$
149,608

 
4.50
%
 
$
216,100

 
6.50
%
Tier I Capital (to Total Adjusted Assets)
$
362,841

 
9.94
%
 
$
146,010

 
4.00
%
 
$
182,512

 
5.00
%
Tier I Capital (to Risk-weighted Assets)
$
362,841

 
10.91
%
 
$
199,477

 
6.00
%
 
$
265,969

 
8.00
%
Total Risk-based Capital (to Risk-weighted Assets)
$
391,368

 
11.77
%
 
$
265,969

 
8.00
%
 
$
332,461

 
10.00
%
 
 
 
 
 
 
 
 
 
 
 
 
As of June 30, 2019
 

 
 

 
 

 
 

 
 

 
 

Common Equity Tier I Capital (to Risk-weighted Assets)
$
355,759

 
11.59
%
 
$
138,153

 
4.50
%
 
$
199,555

 
6.50
%
Tier I Capital (to Total Adjusted Assets)
$
355,759

 
10.34
%
 
$
137,590

 
4.00
%
 
$
171,988

 
5.00
%
Tier I Capital (to Risk-weighted Assets)
$
355,759

 
11.59
%
 
$
184,204

 
6.00
%
 
$
245,606

 
8.00
%
Total Risk-based Capital (to Risk-weighted Assets)
$
377,639

 
12.30
%
 
$
245,606

 
8.00
%
 
$
307,007

 
10.00
%
___________________________________
In addition to the minimum CET1, Tier 1 and total risk-based capital ratios, HomeTrust Bancshares, Inc. and the Bank have to maintain a capital conservation buffer consisting of additional CET1 capital of more than 2.50% above the required minimum levels in order to avoid limitations on paying dividends, engaging in share repurchases, and paying discretionary bonuses based on percentages of eligible retained income that could be utilized for such actions. As of June 30, 2020, the conservation buffer was 4.12% and 3.77% for HomeTrust Bancshares, Inc. and the Bank, respectively.
A reconciliation of HomeTrust Bancshares, Inc.'s stockholders' equity under US GAAP and regulatory capital amounts as of the dates indicated follows:
 
June 30,
 
2020
 
2019
Total stockholders' equity under US GAAP
$
408,263

 
$
408,896

Accumulated other comprehensive income, net of tax
(2,017
)
 
(733
)
Investment in nonincludable subsidiary
(815
)
 
(780
)
Disallowed deferred tax assets
(4,526
)
 
(5,092
)
Disallowed goodwill and other disallowed intangible assets
(26,468
)
 
(27,562
)
Tier I Capital and CET1
374,437

 
374,729

Allowable portion of allowance for loan losses and loan commitments
28,527

 
21,884

Total Risk-based Capital
$
402,964

 
$
396,613