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Goodwill and Intangible Assets (Tables)
12 Months Ended
Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Goodwill and Intangible Assets

The changes in the carrying amount of goodwill and core deposit intangibles are summarized as follows:

 

 

 

June 30, 2025

 

 

June 30, 2024

 

 

 

(In thousands)

 

Balance at beginning of period

 

$

28,141

 

 

$

 

Acquisition of Regal Bancorp

 

 

 

 

 

29,481

 

Amortization expense

 

 

(1,433

)

 

 

(1,340

)

Balance at end of period

 

$

26,708

 

 

$

28,141

 

 

Goodwill and Intangible assets at June 30, 2025 and June 30, 2024:

 

 

 

June 30, 2025

 

 

June 30, 2024

 

 

 

(In thousands)

 

Goodwill

 

$

20,417

 

 

$

20,417

 

Core deposit intangible, net of amortization

 

 

6,291

 

 

 

7,724

 

Goodwill and intangible assets

 

$

26,708

 

 

$

28,141

 

Schedule of Amortization of the Core Deposit Intangibles

As of June 30, 2025, the amortization of the core deposit intangibles in future fiscal years is as follows:

 

 

 

Amount

 

 

 

(In thousands)

 

2026

 

$

1,167

 

2027

 

 

951

 

2028

 

 

774

 

2029

 

 

657

 

Thereafter

 

 

2,742

 

Total

 

$

6,291