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Securities Held to Maturity (Tables)
6 Months Ended
Dec. 31, 2018
Schedule Of Held To Maturity Securities [Line Items]  
Amortized Cost, Gross Unrecognized Gains and Losses and Fair Values of Securities

 

 

December 31, 2018

 

 

Amortized

Cost

 

 

Gross

Unrecognized

Gains

 

 

Gross

Unrecognized

Losses

 

 

Fair

Value

 

 

(In Thousands)

 

Investment securities held to maturity:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Debt securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Obligations of state and political subdivisions

$

107,826

 

 

$

172

 

 

$

1,349

 

 

$

106,649

 

Subordinated debt

 

56,255

 

 

 

25

 

 

 

611

 

 

 

55,669

 

Total debt securities

 

164,081

 

 

 

197

 

 

 

1,960

 

 

 

162,318

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mortgage-backed securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Collateralized mortgage obligations

 

51,540

 

 

 

27

 

 

 

771

 

 

 

50,796

 

Residential pass-through securities

 

182,335

 

 

 

16

 

 

 

2,689

 

 

 

179,662

 

Commercial pass-through securities

 

200,362

 

 

 

151

 

 

 

1,138

 

 

 

199,375

 

Total mortgage-backed securities

 

434,237

 

 

 

194

 

 

 

4,598

 

 

 

429,833

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total securities held to maturity

$

598,318

 

 

$

391

 

 

$

6,558

 

 

$

592,151

 

 

 

 

June 30, 2018

 

 

Amortized

Cost

 

 

Gross

Unrecognized

Gains

 

 

Gross

Unrecognized

Losses

 

 

Fair

Value

 

 

(In Thousands)

 

Securities held to maturity:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Debt securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Obligations of state and political subdivisions

$

109,483

 

 

$

79

 

 

$

1,865

 

 

$

107,697

 

Subordinated debt

 

46,294

 

 

 

37

 

 

 

284

 

 

 

46,047

 

Total debt securities

 

155,777

 

 

 

116

 

 

 

2,149

 

 

 

153,744

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mortgage-backed securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Collateralized mortgage obligations:

 

56,886

 

 

 

6

 

 

 

1,348

 

 

 

55,544

 

Residential pass-through securities:

 

200,622

 

 

 

19

 

 

 

4,005

 

 

 

196,636

 

Commercial pass-through securities:

 

176,445

 

 

 

-

 

 

 

2,870

 

 

 

173,575

 

Total mortgage-backed securities

 

433,953

 

 

 

25

 

 

 

8,223

 

 

 

425,755

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total securities held to maturity

$

589,730

 

 

$

141

 

 

$

10,372

 

 

$

579,499

 

Securities Held to Maturity Pledged for Borrowings, Public Fund and Others

Securities held to maturity pledged for borrowings at the FHLB and other institutions, and securities pledged for public funds and other purposes, were as follows as of the dates presented below:

 

 

 

 

 

 

December 31,

 

 

June 30,

 

 

 

 

 

 

2018

 

 

2018

 

 

 

 

 

 

(In Thousands)

 

Held to maturity securities pledged:

 

 

 

 

 

 

 

 

 

 

 

Pledged for borrowings at the FHLB of New York

 

 

 

 

$

128,888

 

 

$

142,646

 

Pledged to secure public funds on deposit

 

 

 

 

 

7,270

 

 

 

7,604

 

Pledged for potential borrowings at the Federal

Reserve Bank of New York

 

 

 

 

 

105,194

 

 

 

107,520

 

Pledged for collateral for depositor sweep accounts

 

 

 

 

 

24,731

 

 

 

25,976

 

Total held to maturity securities pledged

 

 

 

 

$

266,083

 

 

$

283,746

 

 

 

 

 

 

 

 

 

 

 

 

 

Securities Held to Maturity [Member]  
Schedule Of Held To Maturity Securities [Line Items]  
Stratification by Contractual Maturity of Securities

 

 

 

December 31, 2018

 

 

Amortized

Cost

 

 

Fair

Value

 

 

(In Thousands)

 

Debt securities held to maturity:

 

 

 

 

 

 

 

Due in one year or less

$

7,416

 

 

$

7,395

 

Due after one year through five years

 

32,115

 

 

 

31,769

 

Due after five years through ten years

 

120,857

 

 

 

119,491

 

Due after ten years

 

3,693

 

 

 

3,663

 

Total

$

164,081

 

 

$

162,318