The following tables present the balance of the allowance for credit losses at March 31, 2023 and June 30, 2022. The balance of the allowance for credit losses is based on an expected loss methodology, referred to as the “CECL” methodology. The tables identify the valuation allowances attributable to specifically identified impairments on individually analyzed loans, including those acquired with deteriorated credit quality, as well as valuation allowances for impairments on loans collectively evaluated. The tables include the underlying balance of loans receivable applicable to each category as of those dates.


	Allowance for Credit Losses March 31, 2023
	Loans acquired with deteriorated credit quality individually analyzed		Loans acquired with deteriorated credit quality collectively evaluated		Loans individually analyzed		Loans collectively evaluated		Total allowance for credit losses
	(In Thousands)
Multi-family mortgage	$	—	$	—	$	266	$	26,906	$	27,172
Nonresidential mortgage	—		74		2,166		6,004		8,244
Commercial business	—		4		18		1,707		1,729
Construction	—		—		—		1,316		1,316
One- to four-family residential mortgage	—		165		57		10,043		10,265
Home equity loans	—		—		—		327		327
Other consumer	—		—		—		69		69
Total loans	$	—	$	243	$	2,507	$	46,372	$	49,122


	Balance of Loans Receivable March 31, 2023
	Loans acquired with deteriorated credit quality individually analyzed		Loans acquired with deteriorated credit quality collectively evaluated		Loans individually analyzed		Loans collectively evaluated		Total loans
	(In Thousands)
Multi-family mortgage	$	—	$	—	$	20,074	$	2,815,778	$	2,835,852
Nonresidential mortgage	338		3,629		17,284		981,392		1,002,643
Commercial business	—		3,964		271		157,803		162,038
Construction	—		5,735		—		209,789		215,524
One- to four-family residential mortgage	69		5,260		5,940		1,702,074		1,713,343
Home equity loans	25		53		25		44,273		44,376
Other consumer	—		—		—		2,592		2,592
Total loans	$	432	$	18,641	$	43,594	$	5,913,701	$	5,976,368
Unaccreted yield adjustments									(10,043)
Loans receivable, net of yield adjustments									$	5,966,325


	Allowance for Credit Losses June 30, 2022
	Loans acquired with deteriorated credit quality individually analyzed		Loans acquired with deteriorated credit quality collectively evaluated		Loans individually analyzed		Loans collectively evaluated		Total allowance for credit losses
	(In Thousands)
Multi-family mortgage	$	—	$	—	$	849	$	24,472	$	25,321
Nonresidential mortgage	—		73		2,696		7,821		10,590
Commercial business	—		9		16		1,767		1,792
Construction	—		—		—		1,486		1,486
One- to four-family residential mortgage	—		229		148		7,163		7,540
Home equity loans	26		—		—		219		245
Other consumer	—		—		—		84		84
Total loans	$	26	$	311	$	3,709	$	43,012	$	47,058


	Balance of Loans Receivable June 30, 2022
	Loans acquired with deteriorated credit quality individually analyzed		Loans acquired with deteriorated credit quality collectively evaluated		Loans individually analyzed		Loans collectively evaluated		Total loans
	(In Thousands)
Multi-family mortgage	$	—	$	—	$	26,653	$	2,382,437	$	2,409,090
Nonresidential mortgage	377		5,033		31,517		982,911		1,019,838
Commercial business	—		1,267		293		175,247		176,807
Construction	—		5,735		1,561		132,835		140,131
One- to four-family residential mortgage	87		6,460		8,402		1,630,867		1,645,816
Home equity loans	329		58		1,102		40,539		42,028
Other consumer	—		—		—		2,866		2,866
Total loans	$	793	$	18,553	$	69,528	$	5,347,702	$	5,436,576
Unaccreted yield adjustments									(18,731)
Loans receivable, net of yield adjustments									$	5,417,845


	Changes in the Allowance for Credit Losses Three Months Ended March 31, 2023
	Balance at December 31, 2022		Charge-offs		Recoveries		(Reversal of) provision for credit losses		Balance at March 31, 2023
	(In Thousands)
Multi-family mortgage	$	27,498	$	(4)	$	—	$	(322)	$	27,172
Nonresidential mortgage	8,593		(6)		—		(343)		8,244
Commercial business	1,819		(205)		7		108		1,729
Construction	1,201		—		—		115		1,316
One- to four-family residential mortgage	9,355		—		2		908		10,265
Home equity loans	339		—		—		(12)		327
Other consumer	72		—		—		(3)		69
Total loans	$	48,877	$	(215)	$	9	$	451	$	49,122


	Changes in the Allowance for Credit Losses Nine Months Ended March 31, 2023
	Balance at June 30, 2022		Charge-offs		Recoveries		Provision for (reversal of) credit losses		Balance at March 31, 2023
	(In Thousands)
Multi-family mortgage	$	25,321	$	(399)	$	—	$	2,250	$	27,172
Nonresidential mortgage	10,590		(21)		—		(2,325)		8,244
Commercial business	1,792		(338)		24		251		1,729
Construction	1,486		—		—		(170)		1,316
One- to four-family residential mortgage	7,540		—		2		2,723		10,265
Home equity loans	245		—		—		82		327
Other consumer	84		—		4		(19)		69
Total loans	$	47,058	$	(758)	$	30	$	2,792	$	49,122


	Changes in the Allowance for Credit Losses Three Months Ended March 31, 2022
	Balance at December 31, 2021		Charge-offs		Recoveries		Reversal of credit losses		Balance at March 31, 2022
	(In Thousands)
Multi-family mortgage	$	25,795	$	—	$	—	$	(1,568)	$	24,227
Nonresidential mortgage	10,078		(441)		—		(598)		9,039
Commercial business	1,903		—		4		(182)		1,725
Construction	1,441		—		—		(167)		1,274
One- to four-family residential mortgage	8,601		—		—		(1,323)		7,278
Home equity loans	308		—		—		(72)		236
Other consumer	90		—		1		(10)		81
Total loans	$	48,216	$	(441)	$	5	$	(3,920)	$	43,860


	Changes in the Allowance for Credit Losses Nine Months Ended March 31, 2022
	Balance at June 30, 2021		Charge-offs		Recoveries		(Reversal of) provision for credit losses		Balance at March 31, 2022
	(In Thousands)
Multi-family mortgage	$	28,450	$	(104)	$	—	$	(4,119)	$	24,227
Nonresidential mortgage	16,243		(2,538)		—		(4,666)		9,039
Commercial business	2,086		(175)		105		(291)		1,725
Construction	1,170		—		—		104		1,274
One- to four-family residential mortgage	9,747		—		147		(2,616)		7,278
Home equity loans	433		—		1		(198)		236
Other consumer	36		(2)		1		46		81
Total loans	$	58,165	$	(2,819)	$	254	$	(11,740)	$	43,860