BORROWINGS (Tables)

9 Months Ended

Mar. 31, 2023

Borrowings at March 31, 2023 and June 30, 2022 consisted of the following:


	March 31, 2023		June 30, 2022
	(In Thousands)
FHLB advances	$	1,156,692	$	651,337
Overnight borrowings (1)	455,000		250,000
Total borrowings	$	1,611,692	$	901,337

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(1)At March 31, 2023, represents $385.0 million of FHLB overnight line of credit borrowings and $70.0 million of unsecured overnight borrowings from other financial institutions. At June 30, 2022, represents FHLB overnight line of credit borrowings.

Schedule of Fixed Rate Advances from FHLB

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


	March 31, 2023				June 30, 2022
	Balance		Weighted Average Interest Rate		Balance		Weighted Average Interest Rate
	(Dollars in Thousands)
By remaining period to maturity:
Less than one year	$	825,000	5.08	%	$	520,000	2.04	%
One to two years	103,500		2.65		22,500		2.63
Two to three years	29,000		2.77		103,500		2.68
Three to four years	—		—		6,500		2.82
Four to five years	200,000		3.98		—		—
Greater than five years	—		—		—		—
Total advances	1,157,500		4.61	%	652,500		2.17	%
Unamortized fair value adjustments	(808)				(1,163)
Total advances, net of fair value adjustments	$	1,156,692			$	651,337