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Basis of Presentation (Tables)
9 Months Ended
Mar. 31, 2025
Basis of Presentation  
Correction of an Immaterial Error in Prior Period Financial Statements

Consolidated Balance Sheet

June 30, 2024

 

As Previously

 

Net

 

(dollars in thousands)

    

Presented

    

Change

    

As Corrected

Liabilities and Stockholders' Equity:

Deposits

$

3,952,457

$

(9,398)

$

3,943,059

Securities sold under agreements to repurchase

-

9,398

9,398

Consolidated Statement of Income

For the three- month period ended March 31, 2024

 

As Previously

 

Net

 

(dollars in thousands)

    

Presented

    

Change

    

As Corrected

Interest expense:

Deposits

$

28,021

$

(128)

$

27,893

Securities sold under agreements to repurchase

-

128

128

Consolidated Statement of Income

For the nine- month period ended March 31, 2024

 

As Previously

 

Net

 

(dollars in thousands)

    

Presented

    

Change

    

As Corrected

Interest expense:

Deposits

$

74,032

$

(327)

$

73,705

Securities sold under agreements to repurchase

-

327

327

Fair Value of Financial Instruments

June 30, 2024

 

As Previously

 

Net

 

(dollars in thousands)

    

Presented

    

Change

    

As Corrected

Carrying Amount:

Deposits

$

3,952,457

$

(9,398)

$

3,943,059

Securities sold under agreements to repurchase

-

9,398

9,398

Significant Other Observable Inputs (Level 2):

Securities sold under agreements to repurchase

-

9,398

9,398