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Borrowings (Tables)
6 Months Ended
Dec. 31, 2020
Debt Disclosure [Abstract]  
Schedule of Fixed Rate Advances from FHLB

Fixed rate advances from the FHLB of New York mature as follows:

 

 

December 31, 2020

 

 

June 30, 2020

 

 

 

Balance

 

 

Weighted

Average

Interest Rate

 

 

Balance

 

 

Weighted

Average

Interest Rate

 

 

 

(Dollars in Thousands)

By remaining period to maturity:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Less than one year

$

590,000

 

 

 

0.35

 

%

$

865,000

 

 

 

0.45

 

%

One to two years

 

-

 

 

 

-

 

 

 

27,000

 

 

 

2.85

 

 

Two to three years

 

145,000

 

 

 

3.04

 

 

 

145,000

 

 

 

3.04

 

 

Three to four years

 

103,500

 

 

 

2.65

 

 

 

22,500

 

 

 

2.63

 

 

Four to five years

 

29,000

 

 

 

2.77

 

 

 

103,500

 

 

 

2.68

 

 

Greater than five years

 

-

 

 

 

-

 

 

 

6,500

 

 

 

2.82

 

 

Total advances

 

867,500

 

 

 

1.15

 

%

 

1,169,500

 

 

 

1.08

 

%

Unamortized fair value adjustments

 

(1,849

)

 

 

 

 

 

 

(2,071

)

 

 

 

 

 

Total advances, net of

  fair value adjustments

$

865,651

 

 

 

 

 

 

$

1,167,429