Allowance for Loan Losses (Tables)

12 Months Ended

Jun. 30, 2021

Allowance for Loan Losses

Schedule of allowance for loan losses and recorded investment

	June 30, 2021
	Construction,		1-4 Family		1-4 Family				Commercial		Commercial
	Land,		Owner		Non-Owner				Owner		Non-Owner
	Development		Occupied		Occupied		Multifamily		Occupied		Occupied		Consumer		Unallocated		Total
Allowance
Balance at 6/30/20	$	13,795	$	356,434	$	77,220	$	286,665	$	95,711	$	312,670	$	97,312	$	113,620	$	1,353,427
Charge-offs		—		(61,491)		—		—		—		—		(29,994)		—		(91,485)
Recoveries		—		—		—		—		—		—		547		—		547
Provision		(2,732)		31,465		38,425		172,717		4,140		(82,211)		(1,342)		(10,462)		150,000
Balance at 6/30/21	$	11,063	$	326,408	$	115,645	$	459,382	$	99,851	$	230,459	$	66,523	$	103,158	$	1,412,489
Allowance
Ending balance individually evaluated for impairment	$	—	$	—	$	—	$	—	$	65,626	$	—	$	23,133	$	—	$	88,759
Ending balance collectively evaluated for impairment		11,063		326,408		115,645		459,382		34,225		230,459		43,390		103,158		1,323,730
Ending balance	$	11,063	$	326,408	$	115,645	$	459,382	$	99,851	$	230,459	$	66,523	$	103,158	$	1,412,489
Loans
Ending balance individually evaluated for impairment	$	—	$	587,476	$	—	$	—	$	182,532	$	—	$	23,133	$	—	$	793,141
Ending balance collectively evaluated for impairment		2,458,461		71,424,094		22,368,557		91,876,323		6,222,694		14,182,106		7,507,064		—		216,039,299
Total loans	$	2,458,461	$	72,011,570	$	22,368,557	$	91,876,323	$	6,405,226	$	14,182,106	$	7,530,197	$	—	$	216,832,440
Less allowance	$	11,063	$	326,408	$	115,645	$	459,382	$	99,851	$	230,459	$	66,523	$	103,158	$	1,412,489
Total loans, net	$	2,447,398	$	71,685,162	$	22,252,912	$	91,416,941	$	6,305,375	$	13,951,647	$	7,463,674	$	(103,158)	$	215,419,951

	June 30, 2020
	Construction,		1-4 Family		1-4 Family				Commercial		Commercial				Not
	Land,		Owner		Non-Owner				Owner-		Non-Owner				Specifically
	Development		Occupied		Occupied		Multifamily		Occupied		Occupied		Consumer		Allocated		Total
Allowance
Balance at 6/30/19	$	4,319	$	67,593	$	26,630	$	109,870	$	61,193	$	738,366	$	70,058	$	215,936	$	1,293,965
Charge-offs		—		(57,572)		—		—		—		—		(45,157)		—		(102,729)
Recoveries		—		5,155		—		—		—		—		22,036		—		27,191
Provision		9,476		341,258		50,590		176,795		34,518		(425,696)		50,375		(102,316)		135,000
Balance at 6/30/20	$	13,795	$	356,434	$	77,220	$	286,665	$	95,711	$	312,670	$	97,312	$	113,620	$	1,353,427
Allowance
Ending balance individually evaluated for impairment	$	—	$	64,780	$	—	$	—	$	79,351	$	—	$	61,792	$	—	$	205,923
Ending balance collectively evaluated for impairment		13,795		291,654		77,220		286,665		16,360		312,670		35,520		113,620		1,147,504
Ending balance	$	13,795	$	356,434	$	77,220	$	286,665	$	95,711	$	312,670	$	97,312	$	113,620	$	1,353,427
Loans
Ending balance individually evaluated for impairment	$	—	$	965,734	$	57,574	$	—	$	189,249	$	—	$	128,617	$	—	$	1,341,174
Ending balance collectively evaluated for impairment		4,598,382		99,540,577		21,156,106		76,444,156		6,543,934		20,237,534		8,792,042		—		237,312,731
Total loans	$	4,598,382	$	100,506,311	$	21,213,680	$	76,444,156	$	6,733,183	$	20,237,534	$	8,920,659	$	—	$	238,653,905
Less allowance	$	13,795	$	356,434	$	77,220	$	286,665	$	95,711	$	312,670	$	97,312	$	113,620	$	1,353,427
Total loans, net	$	4,584,587	$	100,149,877	$	21,136,460	$	76,157,491	$	6,637,472	$	19,924,864	$	8,823,347	$	(113,620)	$	237,300,478