Provident Financial (PROV) 10-Q 8 Nov 19 2020 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Sep. 30, 2019	Oct. 31, 2019
Document and Entity Information
Entity Registrant Name	PROVIDENT FINANCIAL HOLDINGS INC
Document Type	10-Q
Entity Central Index Key	0001010470
Trading Symbol	PROV
Current Fiscal Year End Date	--06-30
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Ex Transition Period	false
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		7,497,682
Entity Shell Company	false
Document Period End Date	Sep. 30, 2019
Amendment Flag	false
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q1
Entity Small Business	true
Entity Emerging Growth Company	false

Condensed Consolidated Statemen

Condensed Consolidated Statements of Financial Condition - USD ($) $ in Thousands	Sep. 30, 2019	Jun. 30, 2019
Assets
Cash and cash equivalents	$ 54,515	$ 70,632
Investment securities - held to maturity, at cost	85,088	94,090
Investment securities - available for sale, at fair value	5,517	5,969
Loans held for investment, net of allowance for loan losses of $6,929 and $7,076, respectively; includes $4,386 and $5,094 at fair value, respectively	924,314	879,925
Accrued interest receivable	3,380	3,424
Federal Home Loan Bank ("FHLB") - San Francisco stock	8,199	8,199
Premises and equipment, net	11,215	8,226
Prepaid expenses and other assets	13,068	14,385
Total assets	1,105,296	1,084,850
Liabilities:
Non interest-bearing deposits	85,338	90,184
Interest-bearing deposits	746,398	751,087
Total deposits	831,736	841,271
Borrowings	131,092	101,107
Accounts payable, accrued interest and other liabilities	20,299	21,831
Total liabilities	983,127	964,209
Commitments and Contingencies (Notes 6 and 10)
Stockholders' equity:
Preferred stock, $.01 par value (2,000,000 shares authorized; none issued and outstanding)
Common stock, $.01 par value (40,000,000 shares authorized; 18,091,865 and 18,081,365 shares issued; 7,479,682 and 7,486,106 shares outstanding, respectively)	181	181
Additional paid-in capital	94,795	94,351
Retained earnings	192,354	190,839
Treasury stock at cost (10,612,183 and 10,559,259 shares, respectively)	(165,309)	(164,891)
Accumulated other comprehensive income, net of tax	148	161
Total stockholders' equity	122,169	120,641
Total liabilities and stockholders' equity	$ 1,105,296	$ 1,084,850

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Financial Condition (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2019	Jun. 30, 2019
Condensed Consolidated Statements of Financial Condition
Allowance for loan losses on Loans held for investment (in dollars)	$ 6,929	$ 7,076
Loans held for investment fair value (in dollars)	$ 4,386	$ 5,094
Preferred stock par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock shares authorized	2,000,000	2,000,000
Preferred stock shares issued	0	0
Preferred stock shares outstanding	0	0
Common stock par value (in dollars per share)	$ 0.01	$ 0.01
Common stock shares authorized	40,000,000	40,000,000
Common stock shares issued	18,091,865	18,081,365
Common stock shares outstanding	7,479,682	7,486,106
Treasury stock shares	10,612,183	10,559,259

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Operations - USD ($) $ in Thousands		3 Months Ended
		Sep. 30, 2019	Sep. 30, 2018
Interest income:
Loans receivable, net		$ 10,075	$ 10,174
Investment securities		614	345
FHLB - San Francisco stock		143	143
Interest-earning deposits		246	338
Total interest income		11,078	11,000
Interest expense:
Checking and money market deposits		110	108
Savings deposits		134	151
Time deposits		532	621
Borrowings		720	763
Total interest expense		1,496	1,643
Net interest income		9,582	9,357
Provision (recovery) for loan losses		(181)	(237)
Net interest income, after provision (recovery) for loan losses		9,763	9,594
Non-interest income:
Gain (loss) on sale of loans, net	[1]	(86)	3,132
Other		186	190
Total non-interest income		1,070	4,549
Non-interest expense:
Salaries and employee benefits		4,985	8,250
Premises and occupancy		878	1,345
Equipment		279	421
Professional expenses		408	447
Sales and marketing expenses		117	169
Deposit insurance premiums and regulatory assessments		(16)	165
Other		587	907
Total non-interest expense		7,238	11,704
Income before income taxes		3,595	2,439
Provision for income taxes		1,033	616
Net income		$ 2,562	$ 1,823
Basic earnings per share (in dollars per share)		$ 0.34	$ 0.25
Diluted earnings per share (in dollars per share)		0.33	0.24
Cash dividends per share (in dollars per share)		$ 0.14	$ 0.14
Loan servicing and other fees
Non-interest income:
Total non-interest income	[1]	$ 133	$ 324
Deposit account fees
Non-interest income:
Total non-interest income		447	505
Card and processing fees
Non-interest income:
Total non-interest income		$ 390	$ 398
[1]	Not in scope of ASC 606 .

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Condensed Consolidated Statements of Comprehensive Income
Net income	$ 2,562	$ 1,823
Change in unrealized holding loss on securities available for sale	(18)	(30)
Reclassification adjustment for net income (loss) on securities	0	0
Other comprehensive loss, before income taxes	(18)	(30)
Income tax benefit	(5)	(9)
Other comprehensive loss	(13)	(21)
Total comprehensive income	$ 2,549	$ 1,802

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands		Common Stock	Additional Paid-In Capital	Retained Earnings	Treasury Stock	Accumulated Other Comprehensive Income (Loss), Net of Tax	Total
Balance at Jun. 30, 2018		$ 181	$ 94,957	$ 190,616	$ (165,507)	$ 210	$ 120,457
Balance (in shares) at Jun. 30, 2018		7,421,426
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income				1,823			1,823
Other comprehensive loss						(21)	(21)
Purchase of treasury stock	[1]				(377)		(377)
Purchase of treasury stock (in shares)	[1]	(20,566)
Exercise of stock options			153				153
Exercise of stock options (in shares)		15,000
Distribution of restricted stock (in shares)		85,000
Amortization of restricted stock			364				364
Stock options expense			321				321
Cash dividends	[2]			(1,040)			(1,040)
Balance at Sep. 30, 2018		$ 181	95,795	191,399	(165,884)	189	121,680
Balance (in shares) at Sep. 30, 2018		7,500,860
Balance at Jun. 30, 2019		$ 181	94,351	190,839	(164,891)	161	$ 120,641
Balance (in shares) at Jun. 30, 2019		7,486,106					7,486,106
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income				2,562			$ 2,562
Other comprehensive loss						(13)	(13)
Purchase of treasury stock					(346)		(346)
Purchase of treasury stock (in shares)		(16,924)
Exercise of stock options			132				132
Exercise of stock options (in shares)		10,500
Forfeiture of restricted stock			72		(72)
Amortization of restricted stock			220				220
Stock options expense			20				20
Cash dividends	[3]			(1,047)			(1,047)
Balance at Sep. 30, 2019		$ 181	$ 94,795	$ 192,354	$ (165,309)	$ 148	$ 122,169
Balance (in shares) at Sep. 30, 2019		7,479,682					7,479,682
[1]	Includes the repurchase of 20,566 shares of distributed restricted stock in settlement of employee withholding tax obligations.
[2]	Cash dividends of $0.14 per share were paid in the quarter ended September 30, 2018.
[3]	Cash dividends of $0.14 per share were paid in the quarter ended September 30, 2019.

Condensed Consolidated Statem_6

Condensed Consolidated Statements of Stockholders' Equity (Parenthetical)	3 Months Ended
	Sep. 30, 2018$ / sharesshares
Condensed Consolidated Statements of Stockholders' Equity
Number of shares repurchase of distributed restricted stock in settlement of employee withholding tax obligations | shares	20,566
Cash dividends per share | $ / shares	$ 0.14

Condensed Consolidated Statem_7

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands		3 Months Ended
		Sep. 30, 2019	Sep. 30, 2018
Cash flows from operating activities:
Net income		$ 2,562	$ 1,823
Adjustments to reconcile net income to net cash (used for) provided by operating activities:
Depreciation and amortization		790	928
Provision (recovery) for loan losses		(181)	(237)
(Gain) loss on sale of loans, net	[1]	86	(3,132)
Stock-based compensation		240	685
Provision for deferred income taxes		1,173	505
(Decrease) increase in accounts payable, accrued interest and other liabilities		(1,591)	2,446
(Increase) decrease in prepaid expenses and other assets		(3,288)	1,159
Loans originated for sale			(196,321)
Proceeds from sale of loans			215,761
Net cash (used for) provided by operating activities		(209)	23,617
Cash flows from investing activities:
(Increase) decrease in loans held for investment, net		(44,368)	25,927
Maturity of investment securities held to maturity			200
Principal payments from investment securities held to maturity		8,872	7,915
Principal payments from investment securities available for sale		436	432
Purchase of investment securities held to maturity			(200)
Proceeds from sale of real estate owned			395
Purchase of premises and equipment		(10)	(307)
Net cash (used for) provided by investing activities		(35,070)	34,362
Cash flows from financing activities:
Decrease in deposits, net		(9,535)	(5,486)
Repayments of short-term borrowings, net			(15,000)
Repayments of long-term borrowings		(15)	(14)
Proceeds from long-term borrowings		30,000
Exercise of stock options		132	153
Withholding taxes on stock based compensation		(27)	(588)
Cash dividends		(1,047)	(1,040)
Treasury stock purchases		(346)	(377)
Net cash provided by (used for) financing activities		19,162	(22,352)
Net (decrease) increase in cash and cash equivalents		(16,117)	35,627
Cash and cash equivalents at beginning of period		70,632	43,301
Cash and cash equivalents at end of period		54,515	78,928
Supplemental information:
Cash paid for interest		1,475	1,623
Transfer of loans held for sale to held for investment		$ 566	$ 724
[1]	Not in scope of ASC 606 .

Basis of Presentation

Basis of Presentation	3 Months Ended
	Sep. 30, 2019
Basis of Presentation
Basis of Presentation	Note 1: Basis of Presentation The unaudited interim condensed consolidated financial statements included herein reflect all adjustments which are, in the opinion of management, necessary to present a fair statement of the results of operations for the interim periods presented. All such adjustments are of a normal, recurring nature. The condensed consolidated statement of financial condition at June 30, 2019 is derived from the audited consolidated financial statements of Provident Financial Holdings, Inc. and its wholly-owned subsidiary, Provident Savings Bank, F.S.B. (the "Bank") (collectively, the "Corporation"). Certain information and note disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America ("GAAP") have been omitted pursuant to the rules and regulations of the United States Securities and Exchange Commission ("SEC") with respect to interim financial reporting. It is recommended that these unaudited interim condensed consolidated financial statements be read in conjunction with the audited consolidated financial statements and notes thereto included in the Corporation’s Annual Report on Form 10‑K for the year ended June 30, 2019. The results of operations for the quarter ended September 30, 2019 are not necessarily indicative of results that may be expected for the entire fiscal year ending June 30, 2020.

Accounting Standard Updates ("A

Accounting Standard Updates ("ASU")	3 Months Ended
	Sep. 30, 2019
Accounting Standard Updates ("ASU")
Accounting Standard Updates ("ASU")	Note 2: Accounting Standard Updates (“ASU”) There have been no accounting standard updates or changes in the status of their adoption that are significant to the Corporation as previously disclosed in Note 1 of the Corporation's Annual Report on Form 10-K for the year ended June 30, 2019, other than: ASU 2016-13: In June 2016, the Financial Accounting Standards Board ("FASB") issued ASU 2016-13, “Financial Instruments — Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments,” and subsequent amendment to the initial guidance in November 2018, ASU No. 2018-19, Codification Improvements to Topic 326, Financial Instruments—Credit Losses, in April 2019, ASU 2019-04, Codification Improvements to Topic 326, Financial Instruments—Credit Losses, Topic 815, Derivatives and Hedging, and Topic 825, Financial Instruments, and in May 2019, ASU 2019-05 Financial Instruments—Credit Losses, Topic 326, all of which clarifies codification and corrects unintended application of the guidance. These ASUs will be effective for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years assuming the adoption of an ASU implementing the FASB board decision in October 2019 extending the adoption date for certain registrants, including the Corporation. The Corporation is evaluating its current expected loss methodology of its loan and investment portfolios to identify the necessary modifications in accordance with these standards and expects a change in the processes and procedures to calculate the allowance for loan losses, including changes in assumptions and estimates to consider expected credit losses over the life of the loan versus the current accounting practice that utilizes the incurred loss model. A valuation adjustment to its allowance for loan losses or investment portfolio that is identified in this process will be reflected as a one-time adjustment in equity rather than earnings upon adoption. The Corporation is in the process of compiling historical data that will be used to calculate expected credit losses on its loan portfolio to ensure the Corporation is fully compliant with these ASUs at the adoption date and is evaluating the potential impact adoption of this ASU will have on the Corporation’s Consolidated Financial Statements. ASU 2018-11 In February 2016, the FASB issued ASU 2016-02, "Leases (Topic 842)." This ASU introduces a lessee model that brings most leases onto the balance sheet and aligns many of the underlying principles of the new lessor model with those in the new revenue recognition standard, ASC 606, Revenue From Contracts With Customers. The new leases standard represents a wholesale change to lease accounting and did not result in significant implementation challenges during the transition period. For leases with a term of 12 months or less, a lessee is permitted to make an accounting policy election by class of underlying asset not to recognize lease assets and lease liabilities. If a lessee makes this election, it should recognize lease expense for such leases generally on a straight-line basis over the lease term. The effective date of this ASU for annual periods is beginning after December 15, 2018 (i.e., calendar periods beginning on January 1, 2019) and interim periods therein. In July 2018, the FASB issued ASU 2018-11, Leases, Targeted Improvements, which allows entities the option of initially applying the new leases standard at the adoption date (such as January 1, 2019, for calendar year- end public business entities) and recognize a cumulative-effect adjustment to the opening balance of retained earnings in the period of adoption. The Corporation adopted the provisions of ASC 842 effective July 1, 2019 utilizing the transition method allowed under ASU 2018-11 and will not restate comparative periods as well as electing to not separate non-lease components from lease components. The Corporation elected the package of practical expedients permitted under ASC 842's transition guidance, which allows the Corporation to carryforward its historical lease classifications and its assessment as to whether a contract is or contains a lease. The Corporation also elected to not recognize lease assets and lease liabilities for leases with an initial term of 12 months or less. The adoption of ASC 842 did not have a material impact on its consolidated financial statements. See Note 10 for additional discussion. ASU 2018-13: In August 2018, the FASB issued ASU 2018-13, Disclosure Framework - Changes to the Disclosure Requirements for Fair Value Measurement, which modifies disclosure requirements on fair value measurements to improve their effectiveness. The guidance permits entities to consider materiality when evaluating fair value measurement disclosures and, among other modifications, requires certain new disclosures related to Level 3 fair value measurements. The guidance will be effective beginning January 1, 2020, with early adoption permitted. The guidance only affects disclosures in the notes to the consolidated financial statements and will not otherwise affect the Corporation's Consolidated Financial Statements.

Earnings Per Share

Earnings Per Share	3 Months Ended
	Sep. 30, 2019
Earnings Per Share
Earnings Per Share	Note 3: Earnings Per Share Basic earnings per share ("EPS") excludes dilution and is computed by dividing income available to common shareholders by the weighted-average number of shares outstanding for the period. Diluted EPS reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that would then share in the earnings of the Corporation. As of September 30, 2019 and 2018, there were outstanding options to purchase 560,250 shares and 514,000 shares of the Corporation’s common stock, respectively. Of those shares, as of September 30, 2019 and 2018, there were no shares and 20,000 shares, respectively, which were excluded from the diluted EPS computation as their effect was anti-dilutive. As of September 30, 2019 and 2018, there were outstanding restricted stock awards of 225,500 shares and 13,500 shares, respectively. The following table provides the basic and diluted EPS computations for the quarters ended September 30, 2019 and 2018, respectively. For the Quarters Ended September 30, (In Thousands, Except Earnings Per Share) 2019 2018 Numerator: Net income – numerator for basic earnings per share and diluted earnings per share - available to common stockholders $ 2,562 $ 1,823 Denominator: Denominator for basic earnings per share: Weighted-average shares 7,482 7,431 Effect of dilutive shares: Stock options 136 91 Restricted stock 30 35 Denominator for diluted earnings per share: Adjusted weighted-average shares and assumed conversions 7,648 7,557 Basic earnings per share $ 0.34 $ 0.25 Diluted earnings per share $ 0.33 $ 0.24

Investment Securities

Investment Securities	3 Months Ended
	Sep. 30, 2019
Investment Securities
Investment Securities	Note 4: Investment Securities The amortized cost and estimated fair value of investment securities as of September 30, 2019 and June 30, 2019 were as follows: Gross Gross Estimated Amortized Unrealized Unrealized Fair Carrying September 30, 2019 Cost Gains (Losses) Value Value (In Thousands) Held to maturity: U.S. government sponsored enterprise MBS (1) $ 81,412 $ 1,238 $ (41) $ 82,609 $ 81,412 U.S. SBA securities (2) 2,876 — (13) 2,863 2,876 Certificate of deposits 800 — — 800 800 Total investment securities - held to maturity $ 85,088 $ 1,238 $ (54) $ 86,272 $ 85,088 Available for sale: U.S. government agency MBS $ 3,303 $ 110 $ — $ 3,413 $ 3,413 U.S. government sponsored enterprise MBS 1,773 78 — 1,851 1,851 Private issue CMO (3) 245 8 — 253 253 Total investment securities - available for sale $ 5,321 $ 196 $ — $ 5,517 $ 5,517 Total investment securities $ 90,409 $ 1,434 $ (54) $ 91,789 $ 90,605 (1) Mortgage-Backed Securities ("MBS"). (2) Small Business Administration ("SBA"). (3) Collateralized Mortgage Obligations ("CMO"). Gross Gross Estimated Amortized Unrealized Unrealized Fair Carrying June 30, 2019 Cost Gains (Losses) Value Value (In Thousands) Held to maturity U.S. government sponsored enterprise MBS $ 90,394 $ 1,289 $ (14) $ 91,669 $ 90,394 U.S. SBA securities 2,896 — (6) 2,890 2,896 Certificate of deposits 800 — — 800 800 Total investment securities - held to maturity $ 94,090 $ 1,289 $ (20) $ 95,359 $ 94,090 Available for sale U.S. government agency MBS $ 3,498 $ 116 $ (1) $ 3,613 $ 3,613 U.S. government sponsored enterprise MBS 1,998 89 — 2,087 2,087 Private issue CMO 261 8 — 269 269 Total investment securities - available for sale $ 5,757 $ 213 $ (1) $ 5,969 $ 5,969 Total investment securities $ 99,847 $ 1,502 $ (21) $ 101,328 $ 100,059 In the first quarters of fiscal 2020 and 2019, the Corporation received MBS principal payments of $9.3 million and $8.3 million, respectively, and there were no sales or purchases of investment securities during these periods. The Corporation held investments with an unrealized loss position of $54,000 at September 30, 2019 and $21,000 at June 30, 2019. Unrealized Holding Unrealized Holding Unrealized Holding As of September 30, 2019 Losses Losses Losses (In Thousands) Less Than 12 Months 12 Months or More Total Fair Unrealized Fair Unrealized Fair Unrealized Description of Securities Value Losses Value Losses Value Losses Held to maturity: U.S. government sponsored enterprise MBS $ 7,312 $ 39 $ 1,478 $ 2 $ 8,790 $ 41 U.S. SBA securities — $ — 2,855 13 2,855 13 Total investment securities $ 7,312 $ 39 $ 4,333 $ 15 $ 11,645 $ 54 Unrealized Holding Unrealized Holding Unrealized Holding As of June 30, 2019 Losses Losses Losses (In Thousands) Less Than 12 Months 12 Months or More Total Fair Unrealized Fair Unrealized Fair Unrealized Description of Securities Value Losses Value Losses Value Losses Held to maturity U.S. government sponsored enterprise MBS $ 6,507 $ 8 $ 1,657 $ 6 $ 8,164 $ 14 U.S. SBA securities — $ — 2,883 6 2,883 6 Total investment securities - held to maturity $ 6,507 $ 8 $ 4,540 $ 12 $ 11,047 $ 20 Available for sale U.S. government agency MBS $ 289 $ 1 $ — $ — $ 289 $ 1 Total investment securities - available for sale $ 289 $ 1 $ — $ — $ 289 $ 1 Total investment securities $ 6,796 $ 9 $ 4,540 $ 12 $ 11,336 $ 21 The Corporation evaluates individual investment securities quarterly for other-than-temporary declines in market value. At September 30, 2019, $15,000 of the $54,000 unrealized holding losses were 12 months or more; while at June 30, 2019, $12,000 of the $21,000 unrealized holding losses were 12 months or more. The Corporation does not believe that there were any other-than-temporary impairments on the investment securities at September 30, 2019 and 2018; therefore, no impairment losses were recorded for the quarters ended September 30, 2019 and 2018. Contractual maturities of investment securities as of September 30, 2019 and June 30, 2019 were as follows: September 30, 2019 June 30, 2019 Estimated Estimated Amortized Fair Amortized Fair (In Thousands) Cost Value Cost Value Held to maturity: Due in one year or less $ 800 $ 800 $ 400 $ 400 Due after one through five years 28,616 28,734 32,584 32,728 Due after five through ten years 32,703 33,447 35,306 36,090 Due after ten years 22,969 23,291 25,800 26,141 Total investment securities - held to maturity $ 85,088 $ 86,272 $ 94,090 $ 95,359 Available for sale: Due in one year or less $ — $ — $ — $ — Due after one through five years — — — — Due after five through ten years — — — — Due after ten years 5,321 5,517 5,757 5,969 Total investment securities - available for sale $ 5,321 $ 5,517 $ 5,757 $ 5,969 Total investment securities $ 90,409 $ 91,789 $ 99,847 $ 101,328

Loans Held for Investment

Loans Held for Investment	3 Months Ended
	Sep. 30, 2019
Loans Held for Investment
Loans Held for Investment	Note 5: Loans Held for Investment Loans held for investment, net of fair value adjustments, consisted of the following: September 30, June 30, (In Thousands) 2019 2019 Mortgage loans: Single-family $ 328,332 $ 324,952 Multi-family 479,597 439,041 Commercial real estate 110,652 111,928 Construction (1) 5,912 4,638 Other — 167 Commercial business loans (2) 368 478 Consumer loans (3) 144 134 Total loans held for investment, gross 925,005 881,338 Advance payments of escrows 34 53 Deferred loan costs, net 6,204 5,610 Allowance for loan losses (6,929) (7,076) Total loans held for investment, net $ 924,314 $ 879,925 (1) Net of $6.2 million and $6.6 million of undisbursed loan funds as of September 30, 2019 and June 30, 2019, respectively (2) Net of $1.1 million and $1.0 million of undisbursed lines of credit as of September 30, 2019 and June 30, 2019, respectively. (3) Net of $0.5 million and $0.5 million of undisbursed lines of credit as of September 30, 2019 and June 30, 2019, respectively. The following table sets forth information at September 30, 2019 regarding the dollar amount of loans held for investment that are contractually repricing during the periods indicated, segregated between adjustable rate loans and fixed rate loans. Fixed-rate loans comprised one percent and two percent of loans held for investment at September 30, 2019 and June 30, 2019, respectively. Adjustable rate loans having no stated repricing dates that reprice when the index they are tied to reprices (e.g. prime rate index) and checking account overdrafts are reported as repricing within one year. The table does not include any estimate of prepayments which may cause the Corporation’s actual repricing experience to differ materially from that shown. Adjustable Rate After After After One Year 3 Years 5 Years Within One Through 3 Through 5 Through 10 (In Thousands) Year Years Years Years Fixed Rate Total Mortgage loans: Single-family $ 91,793 $ 41,361 $ 119,810 $ 64,197 $ 11,171 $ 328,332 Multi-family 125,583 179,261 157,529 17,044 180 479,597 Commercial real estate 43,813 31,233 34,408 775 423 110,652 Construction 5,085 — — — 827 5,912 Commercial business loans 20 — — — 348 368 Consumer loans 144 — — — — 144 Total loans held for investment, gross $ 266,438 $ 251,855 $ 311,747 $ 82,016 $ 12,949 $ 925,005 The Corporation has developed an internal loan grading system to evaluate and quantify the Bank’s loans held for investment portfolio with respect to quality and risk. Management continually evaluates the credit quality of the Corporation’s loan portfolio and conducts a quarterly review of the adequacy of the allowance for loan losses using quantitative and qualitative methods. The Corporation has adopted an internal risk rating policy in which each loan is rated for credit quality with a rating of pass, special mention, substandard, doubtful or loss. The two primary components that are used during the loan review process to determine the proper allowance levels are individually evaluated allowances and collectively evaluated allowances. Quantitative loan loss factors are developed by determining the historical loss experience, expected future cash flows, discount rates and collateral fair values, among others. Qualitative loan loss factors are developed by assessing general economic indicators such as gross domestic product, retail sales, unemployment rates, employment growth, California home sales and median California home prices. The Corporation assigns individual factors for the quantitative and qualitative methods for each loan category and each internal risk rating. The Corporation categorizes all of the loans held for investment into risk categories based on relevant information about the ability of the borrower to service their debt such as current financial information, historical payment experience, credit documentation, public information, and current economic trends, among other factors. A description of the general characteristics of the risk grades is as follows: § Pass - These loans range from minimal credit risk to average, but still acceptable, credit risk. The likelihood of loss is considered remote. § Special Mention - A special mention loan has potential weaknesses that may be temporary or, if left uncorrected, may result in a loss. While concerns exist, the bank is currently protected and loss is considered unlikely and not imminent. § Substandard - A substandard loan is inadequately protected by the current net worth and paying capacity of the borrower or of the collateral pledged, if any. Loans so classified must have a well-defined weakness, or weaknesses, that may jeopardize the liquidation of the debt. A substandard loan is characterized by the distinct possibility that the Bank will sustain some loss if the deficiencies are not corrected. § Doubtful - A doubtful loan has all of the weaknesses inherent in one classified as substandard with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of the currently existing facts, conditions and values, highly questionable and improbable. § Loss - A loss loan is considered uncollectible and of such little value that continuance as an asset of the institution is not warranted. The following tables summarize gross loans held for investment, net of fair value adjustments, by loan types and risk category at the dates indicated: September 30, 2019 Single- Multi- Commercial Commercial (In Thousands) family family Real Estate Construction Business Consumer Total Pass $ 321,107 $ 475,755 $ 109,726 $ 4,773 $ 323 $ 144 $ 911,828 Special Mention 3,039 3,842 — — — — 6,881 Substandard 4,186 — 926 1,139 45 — 6,296 Total loans held for investment, gross $ 328,332 $ 479,597 $ 110,652 $ 5,912 $ 368 $ 144 $ 925,005 June 30, 2019 Single- Multi- Commercial Other Commercial (In Thousands) family family Real Estate Construction Mortgage Business Consumer Total Pass $ 314,036 $ 435,177 $ 111,001 $ 3,667 $ 167 $ 429 $ 134 $ 864,611 Special Mention 3,795 3,864 927 — — — — 8,586 Substandard 7,121 — — 971 — 49 — 8,141 Total loans held for investment, gross $ 324,952 $ 439,041 $ 111,928 $ 4,638 $ 167 $ 478 $ 134 $ 881,338 The allowance for loan losses is maintained at a level sufficient to provide for estimated losses based on evaluating known and inherent risks in the loans held for investment and upon management’s continuing analysis of the factors underlying the quality of the loans held for investment. These factors include changes in the size and composition of the loans held for investment, actual loan loss experience, current economic conditions, detailed analysis of individual loans for which full collectability may not be assured, and determination of the realizable value of the collateral securing the loans. The provision (recovery) for (from) the allowance for loan losses is charged (credited) against operations on a quarterly basis, as necessary, to maintain the allowance at appropriate levels. Although management believes it uses the best information available to make such determinations, there can be no assurance that regulators, in reviewing the Corporation’s loans held for investment, will not request a significant increase in its allowance for loan losses. Future adjustments to the allowance for loan losses may be necessary and results of operations could be significantly and adversely affected as a result of economic, operating, regulatory, and other conditions beyond the Corporation’s control. Non-performing loans are charged-off to their fair market values in the period the loans, or portion thereof, are deemed uncollectible, generally after the loan becomes 150 days delinquent for real estate secured first trust deed loans and 120 days delinquent for commercial business or real estate secured second trust deed loans. For loans that were modified from their original terms, were re-underwritten and identified in the Corporation’s asset quality reports as troubled debt restructurings ("restructured loans"), the charge-off occurs when the loan becomes 90 days delinquent; and where borrowers file bankruptcy, the charge-off occurs when the loan becomes 60 days delinquent. The amount of the charge-off is determined by comparing the loan balance to the estimated fair value of the underlying collateral, less disposition costs, with the loan balance in excess of the estimated fair value charged-off against the allowance for loan losses. The allowance for loan losses for non-performing loans is determined by applying Accounting Standards Codification ("ASC") 310, "Receivables." For restructured loans that are less than 90 days delinquent, the allowance for loan losses are segregated into (a) individually evaluated allowances for those loans with applicable discounted cash flow calculations still in their restructuring period, classified lower than pass, and containing an embedded loss component or (b) collectively evaluated allowances based on the aggregated pooling method. For non-performing loans less than 60 days delinquent where the borrower has filed bankruptcy, the collectively evaluated allowances are assigned based on the aggregated pooling method. For non-performing commercial real estate loans, an individually evaluated allowance is derived based on the loan’s discounted cash flow fair value (for restructured loans) or collateral fair value less estimated selling costs and if the fair value is higher than the loan balance, no allowance is required. The following table is provided to disclose additional details for the periods indicated on the Corporation’s allowance for loan losses: For the Quarters Ended September 30, (Dollars in Thousands) 2019 2018 Allowance at beginning of period $ 7,076 $ 7,385 Provision (recovery) for loan losses (181) (237) Recoveries: Mortgage loans: Single-family 36 32 Consumer loans — 1 Total recoveries 36 33 Charge-offs: Mortgage loans: Single-family (1) (25) Consumer loans (1) (1) Total charge-offs (2) (26) Net (charge-offs) recoveries 34 7 Balance at end of period $ 6,929 $ 7,155 Allowance for loan losses as a percentage of gross loans held for investment at the end of the period 0.74 % 0.81 % Net charge-offs (recoveries) as a percentage of average loans receivable, net, during the period (annualized) (0.02) % 0.00 % The following tables denote the past due status of the Corporation’s gross loans held for investment, net of fair value adjustments, at the dates indicated. September 30, 2019 30‑89 Days Total Loans Held for (In Thousands) Current Past Due Non-Accrual (1) Investment, Gross Mortgage loans: Single-family $ 323,159 $ 987 $ 4,186 $ 328,332 Multi-family 479,597 — — 479,597 Commercial real estate 110,652 — — 110,652 Construction 4,773 — 1,139 5,912 Commercial business loans 323 — 45 368 Consumer loans 141 3 — 144 Total loans held for investment, gross $ 918,645 $ 990 $ 5,370 $ 925,005 (1) All loans 90 days or greater past due are placed on non-accrual status. June 30, 2019 30‑89 Days Total Loans Held for (In Thousands) Current Past Due Non-Accrual (1) Investment, Gross Mortgage loans: Single-family $ 318,671 $ 660 $ 5,621 $ 324,952 Multi-family 439,041 — — 439,041 Commercial real estate 111,928 — — 111,928 Construction 3,667 — 971 4,638 Other 167 — — 167 Commercial business loans 429 — 49 478 Consumer loans 129 5 — 134 Total loans held for investment, gross $ 874,032 $ 665 $ 6,641 $ 881,338 (1) All loans 90 days or greater past due are placed on non-accrual status. The following tables summarize the Corporation’s allowance for loan losses and recorded investment in gross loans, by portfolio type, at the dates and for the periods indicated. Quarter Ended September 30, 2019 Single- Multi- Commercial Commercial (In Thousands) family family Real Estate Construction Other Business Consumer Total Allowance for loan losses: Allowance at beginning of period $ 2,709 $ 3,219 $ 1,050 $ 61 $ 3 $ 26 $ 8 $ 7,076 Provision (recovery) for loan losses (510) 288 35 13 (3) (6) 2 (181) Recoveries 36 — — — — — — 36 Charge-offs (1) — — — — — (1) (2) Allowance for loan losses, end of period $ 2,234 $ 3,507 $ 1,085 $ 74 $ — $ 20 $ 9 $ 6,929 Allowance for loan losses: Individually evaluated for impairment $ 47 $ — $ — $ — $ — $ 7 $ — $ 54 Collectively evaluated for impairment 2,187 3,507 1,085 74 — 13 9 6,875 Allowance for loan losses, end of period $ 2,234 $ 3,507 $ 1,085 $ 74 $ — $ 20 $ 9 $ 6,929 Loans held for investment: Individually evaluated for impairment $ 3,766 $ — $ — $ 1,139 $ — $ 45 $ — $ 4,950 Collectively evaluated for impairment 324,566 479,597 110,652 4,773 — 323 144 920,055 Total loans held for investment, gross $ 328,332 $ 479,597 $ 110,652 $ 5,912 $ — $ 368 $ 144 $ 925,005 Allowance for loan losses as a percentage of gross loans held for investment 0.68 % 0.73 % 0.98 % 1.25 % — % 5.43 % 6.25 % 0.74 % Quarter Ended September 30, 2018 Single- Multi- Commercial Commercial (In Thousands) family family Real Estate Construction Other Business Consumer Total Allowance for loan losses: Allowance at beginning of period $ 2,783 $ 3,492 $ 1,030 $ 47 $ 3 $ 24 $ 6 $ 7,385 Provision (recovery) for loan losses (49) (156) (18) (9) — (5) — (237) Recoveries 32 — — — — — 1 33 Charge-offs (25) — — — — — (1) (26) Allowance for loan losses, end of period $ 2,741 $ 3,336 $ 1,012 $ 38 $ 3 $ 19 $ 6 $ 7,155 Allowance for loan losses: Individually evaluated for impairment $ 124 $ — $ — $ — $ — $ 5 $ — $ 129 Collectively evaluated for impairment 2,617 3,336 1,012 38 3 14 6 7,026 Allowance for loan losses, end of period $ 2,741 $ 3,336 $ 1,012 $ 38 $ 3 $ 19 $ 6 $ 7,155 Loans held for investment: Individually evaluated for impairment $ 6,370 $ — $ — $ 745 $ — $ 68 $ — $ 7,183 Collectively evaluated for impairment 301,110 454,821 112,026 3,101 167 348 104 871,677 Total loans held for investment, gross $ 307,480 $ 454,821 $ 112,026 $ 3,846 $ 167 $ 416 $ 104 $ 878,860 Allowance for loan losses as a percentage of gross loans held for investment 0.89 % 0.73 % 0.90 % 0.99 % 1.80 % 4.57 % 5.77 % 0.81 % The following tables identify the Corporation’s total recorded investment in non-performing loans by type at the dates and for the periods indicated. Generally, a loan is placed on non-accrual status when it becomes 90 days past due as to principal or interest or if the loan is deemed impaired, after considering economic and business conditions and collection efforts, where the borrower’s financial condition is such that collection of the contractual principal or interest on the loan is doubtful. In addition, interest income is not recognized on any loan where management has determined that collection is not reasonably assured. A non-performing loan may be restored to accrual status when delinquent principal and interest payments are brought current, the borrower(s) has demonstrated sustained payment performance and future monthly principal and interest payments are expected to be collected on a timely basis. Loans with a related allowance reserve have been individually evaluated for impairment using either a discounted cash flow analysis or, for collateral dependent loans, current appraisals less costs to sell, to establish realizable value. This analysis may identify a specific impairment amount needed or may conclude that no reserve is needed. Loans that are not individually evaluated for impairment are included in pools of homogeneous loans for evaluation of related allowance reserves. At September 30, 2019 Unpaid Net Principal Related Recorded Recorded (In Thousands) Balance Charge-offs Investment Allowance (1) Investment Mortgage loans: Single-family: With a related allowance $ 1,112 $ — $ 1,112 $ (133) $ 979 Without a related allowance (2) 3,576 (502) 3,074 — 3,074 Total single-family 4,688 (502) 4,186 (133) 4,053 Construction: Without a related allowance (2) 1,139 — 1,139 — 1,139 Total construction 1,139 — 1,139 — 1,139 Commercial business loans: With a related allowance 45 — 45 (7) 38 Total commercial business loans 45 — 45 (7) 38 Total non-performing loans $ 5,872 $ (502) $ 5,370 $ (140) $ 5,230 (1) Consists of collectively and individually evaluated allowances, specifically assigned to the individual loan, and fair value credit adjustments. (2) There was no related allowance for loan losses because the loans have been charged-off to their fair value or the fair value of the collateral is higher than the loan balance. At June 30, 2019 Unpaid Net Principal Related Recorded Recorded (In Thousands) Balance Charge-offs Investment Allowance (1) Investment Mortgage loans: Single-family: With a related allowance $ 2,640 $ — $ 2,640 $ (434) $ 2,206 Without a related allowance (2) 3,518 (518) 3,000 — 3,000 Total single-family 6,158 (518) 5,640 (434) 5,206 Construction: Without a related allowance (2) 971 — 971 — 971 Total construction 971 — 971 — 971 Commercial business loans: With a related allowance 49 — 49 (8) 41 Total commercial business loans 49 — 49 (8) 41 Total non-performing loans $ 7,178 $ (518) $ 6,660 $ (442) $ 6,218 (1) Consists of collectively and individually evaluated allowances, specifically assigned to the individual loan, and fair value credit adjustments. (2) There was no related allowance for loan losses because the loans have been charged-off to their fair value or the fair value of the collateral is higher than the loan balance. At both September 30, 2019 and June 30, 2019, there were no commitments to lend additional funds to those borrowers whose loans were classified as non-performing, except for one construction loan with undisbursed loan funds of $862,000 and $1.0 million, respectively. For the quarters ended September 30, 2019 and 2018, the Corporation’s average recorded investment in non-performing loans was $5.4 million and $7.0 million, respectively. The Corporation records payments on non-performing loans utilizing the cash basis or cost recovery method of accounting during the periods when the loans are on non-performing status. For the quarter ended September 30, 2019, the Bank received $153,000 in interest payments from non-performing loans, of which $129,000 were recognized as interest income and the remaining $24,000 were applied to reduce the loan balances under the cost recovery method. In comparison for the quarter ended September 30, 2018, the Bank received $121,000 in interest payments from non-performing loans, of which $65,000 were recognized as interest income and the remaining $56,000 were applied to reduce the loan balances under the cost recovery method. The following table presents the average recorded investment in non-performing loans and the related interest income recognized for the quarters ended September 30, 2019 and 2018: Quarter Ended September 30, 2019 2018 Average Interest Average Interest Recorded Income Recorded Income (In Thousands) Investment Recognized Investment Recognized Without related allowances: Mortgage loans: Single-family $ 3,086 $ 116 $ 4,599 $ 40 Construction 1,084 — 248 — 4,170 116 4,847 40 With related allowances: Mortgage loans: Single-family 1,198 12 2,071 24 Commercial business loans 46 1 68 1 1,244 13 2,139 25 Total $ 5,414 $ 129 $ 6,986 $ 65 For the quarter ended September 30, 2019, no new loans were restructured from their original terms and classified as restructured loans, while two substandard restructured loans were paid off. For the quarter ended September 30, 2018, no new loans were restructured from their original terms and classified as restructured loans, while one restructured loan was upgraded to the pass category. During the quarters ended September 30, 2019 and 2018, no restructured loans were in default within a 12-month period subsequent to their original restructuring. Additionally, during the quarters ended September 30, 2019 and 2018, there was no loan whose modification was extended beyond the initial maturity of the modification. At both September 30, 2019 and June 30, 2019, there were no commitments to lend additional funds to those borrowers whose loans were restructured. As of September 30, 2019, the Corporation held six restructured loans with a net outstanding balance of $1.8 million: one loan was classified as special mention on accrual status ($431,000) and five loans were classified as substandard on non-accrual status ($1.4 million). As of June 30, 2019, the Corporation held eight restructured loans with a net outstanding balance of $3.8 million: one loan was classified as special mention on accrual status ($437,000); one loan was classified as substandard on accrual status ($1.4 million); and six loans were classified as substandard on non-accrual status ($1.9 million). Substandard assets have one or more defined weaknesses and are characterized by the distinct possibility that the Corporation will sustain some loss if the deficiencies are not corrected. Assets that do not currently expose the Corporation to sufficient risk to warrant adverse classification but possess weaknesses are designated as special mention and are closely monitored by the Corporation. As of September 30, 2019 and June 30, 2019, $1.4 million or 77%, and $2.4 million or 63%, respectively, of the restructured loans were current with respect to their modified payment terms. The Corporation upgrades restructured single-family loans to the pass category if the borrower has demonstrated satisfactory contractual payments for at least six consecutive months; 12 months for those loans that were restructured more than once; and if the borrower has demonstrated satisfactory contractual payments beyond 12 consecutive months, the loan is no longer categorized as a restructured loan. In addition to the payment history described above, multi-family, commercial real estate, construction and commercial business loans must also demonstrate a combination of the following characteristics to be upgraded: satisfactory cash flow, satisfactory guarantor support, and additional collateral support, among others. To qualify for restructuring, a borrower must provide evidence of their creditworthiness such as, current financial statements, their most recent income tax returns, current paystubs, current W‑2s, and most recent bank statements, among other documents, which are then verified by the Corporation. The Corporation re-underwrites the loan with the borrower’s updated financial information, new credit report, current loan balance, new interest rate, remaining loan term, updated property value and modified payment schedule, among other considerations, to determine if the borrower qualifies. The following table summarizes at the dates indicated the restructured loan balances, net of allowance for loan losses, by loan type and non-accrual versus accrual status: At At (In Thousands) September 30, 2019 June 30, 2019 Restructured loans on non-accrual status: Mortgage loans: Single-family $ 1,316 $ 1,891 Commercial business loans 38 41 Total 1,354 1,932 Restructured loans on accrual status: Mortgage loans: Single-family 431 1,861 Total 431 1,861 Total restructured loans $ 1,785 $ 3,793 The following tables identify the Corporation’s total recorded investment in restructured loans by type at the dates and for the periods indicated. At September 30, 2019 Unpaid Net Principal Related Recorded Recorded (In Thousands) Balance Charge-offs Investment Allowance (1) Investment Mortgage loans: Single-family: With a related allowance $ 693 $ — $ 693 $ (47) $ 646 Without a related allowance (2) 1,466 (365) 1,101 — 1,101 Total single-family 2,159 (365) 1,794 (47) 1,747 Commercial business loans: With a related allowance 45 — 45 (7) 38 Total commercial business loans 45 — 45 (7) 38 Total restructured loans $ 2,204 $ (365) $ 1,839 $ (54) $ 1,785 (1) Consists of collectively and individually evaluated allowances, specifically assigned to the individual loan. (2) There was no related allowance for loan losses because the loans have been charged-off to their fair value or the fair value of the collateral is higher than the loan balance. At June 30, 2019 Unpaid Net Principal Related Recorded Recorded (In Thousands) Balance Charge-offs Investment Allowance (1) Investment Mortgage loans: Single-family: With a related allowance $ 2,199 $ — $ 2,199 $ (122) $ 2,077 Without a related allowance (2) 2,040 (365) 1,675 — 1,675 Total single-family 4,239 (365) 3,874 (122) 3,752 Commercial business loans: With a related allowance 49 — 49 (8) 41 Total commercial business loans 49 — 49 (8) 41 Total restructured loans $ 4,288 $ (365) $ 3,923 $ (130) $ 3,793 (1) Consists of collectively and individually evaluated allowances, specifically assigned to the individual loan. (2) There was no related allowance for loan losses because the loans have been charged-off to their fair value or the fair value of the collateral is higher than the loan balance. During the quarter ended September 30, 2019, no properties were acquired in the settlement of loans and no previously foreclosed upon properties were sold. This compares to the quarter ended September 30, 2018 when no properties were acquired in the settlement of loans, while one previously foreclosed upon property was sold. As of September 30, 2019 and June 30, 2019, there was no real estate owned property at both dates. A new appraisal is obtained on each of the properties at the time of foreclosure and fair value is derived by using the lower of the appraised value or the listing price of the property, net of selling costs. Any initial loss is recorded as a charge to the allowance for loan losses before being transferred to real estate owned. Subsequent to transfer to real estate owned, if there is further deterioration in real estate values, specific real estate owned loss reserves are established and charged to the condensed consolidated statements of operations. In addition, the Corporation records costs to carry real estate owned as real estate operating expenses as incurred.

Derivative and Other Financial

Derivative and Other Financial Instruments with Off-Balance Sheet Risks	3 Months Ended
	Sep. 30, 2019
Derivative and Other Financial Instruments with Off-Balance Sheet Risks
Derivative and Other Financial Instruments with Off-Balance Sheet Risks	Note 6: Derivative and Other Financial Instruments with Off-Balance Sheet Risks The Corporation is a party to financial instruments with off-balance sheet risk in the normal course of business to meet the financing needs of its customers. These financial instruments include commitments to extend credit in the form of originating loans or providing funds under existing lines of credit, loan sale commitments to third parties and option contracts. These instruments involve, to varying degrees, elements of credit and interest-rate risk in excess of the amount recognized in the accompanying Condensed Consolidated Statements of Financial Condition. The Corporation’s exposure to credit loss, in the event of non-performance by the counterparty to these financial instruments, is represented by the contractual amount of these instruments. The Corporation uses the same credit policies in entering into financial instruments with off-balance sheet risk as it does for on-balance sheet instruments. As of September 30, 2019 and June 30, 2019, the Corporation had commitments to extend credit on loans to be held for investment of $7.1 million and $4.3 million, respectively. The following table provides information at the dates indicated regarding undisbursed funds on construction loans, undisbursed funds to borrowers on existing lines of credit with the Corporation as well as commitments to originate loans to be held for investment at the dates indicated below. Commitments September 30, 2019 June 30, 2019 (In Thousands) Undisbursed loan funds – Construction loans $ 6,213 $ 6,592 Undisbursed lines of credit – Commercial business loans 1,065 1,003 Undisbursed lines of credit – Consumer loans 470 479 Commitments to extend credit on loans to be held for investment 7,109 4,254 Total $ 14,857 $ 12,328 The following table provides information regarding the allowance for loan losses for the undisbursed funds and commitments to extend credit on loans to be held for investment for the quarters ended September 30, 2019 and 2018. For the Quarters Ended September 30, (In Thousands) 2019 2018 Balance, beginning of the period $ 141 $ 157 Provision (recovery) 2 (8) Balance, end of the period $ 143 $ 149 In accordance with ASC 815, "Derivatives and Hedging," and interpretations of the Derivatives Implementation Group of the FASB, the fair value of the commitments to extend credit on loans to be held for sale, loan sale commitments, to be announced ("TBA") MBS trades, put option contracts and call option contracts are recorded at fair value on the Condensed Consolidated Statements of Financial Condition. The Corporation does not apply hedge accounting to its derivative financial instruments; therefore, all changes in fair value are recorded in earnings. As of September 30, 2019 and June 30, 2019, there were no outstanding derivative financial instruments. The net impact of derivative financial instruments recorded within the gain on sale of loans contained in the Condensed Consolidated Statements of Operations during the quarters ended September 30, 2019 and 2018 was as follows: For the Quarters Ended September 30, Derivative Financial Instruments 2019 2018 (In Thousands) Commitments to extend credit on loans to be held for sale $ — $ (329) Mandatory loan sale commitments and TBA MBS trades — 679 Total net gain $ — $ 350 Loans previously sold to the FHLB – San Francisco under the Mortgage Partnership Finance (“MPF”) program have a recourse liability. The FHLB – San Francisco absorbs the first four basis points of loss by establishing a first loss account and a credit scoring process is used to calculate the maximum recourse amount for the Bank. All losses above the Bank’s maximum recourse are the responsibility of the FHLB – San Francisco. The FHLB – San Francisco pays the Bank a credit enhancement fee on a monthly basis to compensate the Bank for accepting the recourse obligation. As of September 30, 2019 and June 30, 2019, the Bank serviced $8.8 million and $9.7 million of loans under this program, respectively and has established a recourse liability of $50,000 at both dates. Occasionally, the Bank is required to repurchase loans sold to Freddie Mac, Fannie Mae or other investors if it is determined that such loans do not meet the credit requirements of the investor, or if one of the parties involved in the loan misrepresented pertinent facts, committed fraud, or if such loans were 90‑days past due within 120 days of the loan funding date. During the quarter ended September 30, 2019, the Bank repurchased one single-family loan of $566,000. In comparison, the Bank repurchased three single-family loans totaling $253,000 (including two loans that were fully charged off) during the quarter ended September 30, 2018. There were no other repurchase requests, which did not result in the repurchase of the loan itself , were settled in the quarters ended September 30, 2019 and 2018. In addition to the specific recourse liability for the MPF program, the Bank established a recourse liability of $200,000 for loans sold to other investors as of both September 30, 2019 and June 30, 2019. The following table shows the summary of the recourse liability for the quarters ended September 30, 2019 and 2018: For the Quarters Ended September 30, Recourse Liability 2019 2018 (In Thousands) Balance, beginning of the period $ 250 $ 283 Recovery from recourse liability — (33) Net settlements in lieu of loan repurchases — — Balance, end of the period $ 250 $ 250

Fair Value of Financial Instrum

Fair Value of Financial Instruments	3 Months Ended
	Sep. 30, 2019
Fair Value of Financial Instruments
Fair Value of Financial Instruments	Note 7: Fair Value of Financial Instruments The Corporation adopted ASC 820, "Fair Value Measurements and Disclosures," and elected the fair value option pursuant to ASC 825, "Financial Instruments" on loans originated for sale. ASC 820 defines fair value, establishes a framework for measuring fair value, and expands disclosures about fair value measurements. ASC 825 permits entities to elect to measure many financial instruments and certain other assets and liabilities at fair value on an instrument-by-instrument basis (the "Fair Value Option") at specified election dates. At each subsequent reporting date, an entity is required to report unrealized gains and losses on items in earnings for which the fair value option has been elected. The objective of the Fair Value Option is to improve financial reporting by providing entities with the opportunity to mitigate volatility in reported earnings caused by measuring related assets and liabilities differently without having to apply complex hedge accounting provisions. The following table describes the difference at the dates indicated between the aggregate fair value and the aggregate unpaid principal balance of loans held for investment at fair value: Aggregate Unpaid Net Aggregate Principal Unrealized (In Thousands) Fair Value Balance Gain (Loss) As of September 30, 2019: Loans held for investment, at fair value $ 4,386 $ 4,529 $ (143) As of June 30, 2019: Loans held for investment, at fair value $ 5,094 $ 5,218 $ (124) ASC 820‑10‑65‑4, "Determining Fair Value When the Volume and Level of Activity for the Asset or Liability Have Significantly Decreased and Identifying Transactions That Are Not Orderly," provides additional guidance for estimating fair value in accordance with ASC 820, "Fair Value Measurements," when the volume and level of activity for the asset or liability have significantly decreased. ASC 820 establishes a three-level valuation hierarchy that prioritizes inputs to valuation techniques used in fair value calculations. The three levels of inputs are defined as follows: Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Corporation has the ability to access at the measurement date. Level 2 - Observable inputs other than Level 1 such as: quoted prices for similar assets or liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, or other inputs that are observable or can be corroborated to observable market data for substantially the full term of the asset or liability. Level 3 - Unobservable inputs for the asset or liability that use significant assumptions, including assumptions of risks. These unobservable assumptions reflect the Corporation’s estimate of assumptions that market participants would use in pricing the asset or liability. Valuation techniques include the use of pricing models, discounted cash flow models and similar techniques. ASC 820 requires the Corporation to maximize the use of observable inputs and minimize the use of unobservable inputs. If a financial instrument uses inputs that fall in different levels of the hierarchy, the instrument will be categorized based upon the lowest level of input that is significant to the fair value calculation. The Corporation’s financial assets and liabilities measured at fair value on a recurring basis consist of investment securities available for sale, loans held for investment at fair value, interest-only strips and derivative financial instruments; while non-performing loans, mortgage servicing assets ("MSA") and real estate owned are measured at fair value on a nonrecurring basis. Investment securities - available for sale are primarily comprised of U.S. government agency MBS, U.S. government sponsored enterprise MBS and privately issued CMO. The Corporation utilizes quoted prices in active markets for similar securities for its fair value measurement of MBS (Level 2) and broker price indications for similar securities in non-active markets for its fair value measurement of the CMO (Level 3). Derivative financial instruments are comprised of commitments to extend credit on loans to be held for sale, mandatory loan sale commitments, TBA MBS trades and option contracts. The fair value of TBA MBS trades is determined using quoted secondary-market prices (Level 2). The fair values of other derivative financial instruments are determined by quoted prices for a similar commitment or commitments, adjusted for the specific attributes of each commitment (Level 3). Loans held for investment at fair value are primarily single-family loans which have been transferred from loans held for sale. The fair value is determined by the management estimates of the specific credit risk attributes of each loan, in addition to the quoted secondary-market prices which account for the interest rate characteristics of each loan (Level 3). Non-performing loans are loans which are inadequately protected by the current net worth and paying capacity of the borrowers or of the collateral pledged. The non-performing loans are characterized by the distinct possibility that the Corporation will sustain some loss if the deficiencies are not corrected. The fair value of a non-performing loan is determined based on an observable market price or current appraised value of the underlying collateral. Appraised and reported values may be discounted based on management’s historical knowledge, changes in market conditions from the time of valuation, and/or management’s expertise and knowledge of the borrower. For non-performing loans which are restructured loans, the fair value is derived from discounted cash flow analysis (Level 3), except those which are in the process of foreclosure or 90 days delinquent for which the fair value is derived from the appraised value of its collateral (Level 2). For other non-performing loans which are not restructured loans, other than non-performing commercial real estate loans, the fair value is derived from relative value analysis: historical experience and management estimates by loan type for which collectively evaluated allowances are assigned (Level 3); or the appraised value of its collateral for loans which are in the process of foreclosure or where borrowers file bankruptcy (Level 2). For non-performing commercial real estate loans, the fair value is derived from the appraised value of its collateral (Level 2). Non-performing loans are reviewed and evaluated on at least a quarterly basis for additional allowance and adjusted accordingly, based on the same factors identified above. This loss is not recorded directly as an adjustment to current earnings or other comprehensive income (loss), but rather as a component in determining the overall adequacy of the allowance for loan losses. These adjustments to the estimated fair value of non-performing loans may result in increases or decreases to the provision for loan losses recorded in current earnings. The Corporation uses the amortization method for its MSA, which amortizes the MSA in proportion to and over the period of estimated net servicing income and assesses the MSA for impairment based on fair value at each reporting date. The fair value of the MSA is derived using the present value method; which includes a third party’s prepayment projections of similar instruments, weighted-average coupon rates, estimated servicing costs and discount interest rates (Level 3). The rights to future income from serviced loans that exceed contractually specified servicing fees are recorded as interest-only strips. The fair value of interest-only strips is derived using the same assumptions that are used to value the related MSA (Level 3). The fair value of real estate owned is derived from the lower of the appraised value or the listing price, net of estimated selling costs (Level 2). The Corporation’s valuation methodologies may produce a fair value calculation that may not be indicative of net realizable value or reflective of future fair values. While management believes the Corporation’s valuation methodologies are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different estimate of fair value at the reporting date. The following fair value hierarchy tables present information at the dates indicated about the Corporation’s assets measured at fair value on a recurring basis: Fair Value Measurement at September 30, 2019 Using: (In Thousands) Level 1 Level 2 Level 3 Total Assets: Investment securities - available for sale: U.S. government agency MBS $ — $ 3,413 $ — $ 3,413 U.S. government sponsored enterprise MBS — 1,851 — 1,851 Private issue CMO — — 253 253 Investment securities - available for sale — 5,264 253 5,517 Loans held for investment, at fair value — — 4,386 4,386 Interest-only strips — — 14 14 Total assets $ — $ 5,264 $ 4,653 $ 9,917 Liabilities $ — $ — $ — $ — Total liabilities $ — $ — $ — $ — Fair Value Measurement at June 30, 2019 Using: (In Thousands) Level 1 Level 2 Level 3 Total Assets: Investment securities - available for sale: U.S. government agency MBS $ — $ 3,613 $ — $ 3,613 U.S. government sponsored enterprise MBS — 2,087 — 2,087 Private issue CMO — — 269 269 Investment securities - available for sale — 5,700 269 5,969 Loans held for investment, at fair value — — 5,094 5,094 Interest-only strips — — 16 16 Total assets $ — $ 5,700 $ 5,379 $ 11,079 Liabilities: $ — $ — $ — $ — Total liabilities $ — $ — $ — $ — The following tables summarize reconciliations of the beginning and ending balances during the periods shown of recurring fair value measurements recognized in the Condensed Consolidated Statements of Financial Condition using Level 3 inputs: For the Quarter Ended September 30, 2019 Fair Value Measurement Using Significant Other Unobservable Inputs (Level 3) Loans Held Private For Interest- Issue Investment, at Only (In Thousands) CMO fair value (1) Strips Total Beginning balance at June 30, 2019 $ 269 $ 5,094 $ 16 $ 5,379 Total gains or losses (realized/unrealized): Included in earnings — (18) — (18) Included in other comprehensive loss — — (2) (2) Purchases — — — — Issuances — — — — Settlements (16) (690) — (706) Transfers in and/or out of Level 3 — — — — Ending balance at September 30, 2019 $ 253 $ 4,386 $ 14 $ 4,653 (1) The valuation of loans held for investment at fair value includes management estimates of the specific credit risk attributes of each loan, in addition to the quoted secondary-market prices which account for the interest rate characteristics of each loan. For the Quarter Ended September 30, 2018 Fair Value Measurement Using Significant Other Unobservable Inputs (Level 3) Loans Held Private For Interest- Loan Issue Investment, at Only Commitments Mandatory (In Thousands) CMO fair value (1) Strips to Originate (2) Commitments (3) Total Beginning balance at June 30, 2018 $ 350 $ 5,234 $ 23 $ 825 $ (32) $ 6,400 Total gains or losses (realized/unrealized): Included in earnings — (49) — (329) 22 (356) Included in other comprehensive loss — — 1 — — 1 Purchases — — — — — — Issuances — — — — — — Settlements (34) (710) — — 1 (743) Transfers in and/or out of Level 3 — 470 — — — 470 Ending balance at September 30, 2018 $ 316 $ 4,945 $ 24 $ 496 $ (9) $ 5,772 (1) The valuation of loans held for investment at fair value includes management estimates of the specific credit risk attributes of each loan, in addition to the quoted secondary-market prices which account for the interest rate characteristics of each loan. (2) Consists of commitments to extend credit on loans to be held for sale. (3) Consists of mandatory loan sale commitments. The following fair value hierarchy tables present information about the Corporation’s assets measured at fair value at the dates indicated on a nonrecurring basis: Fair Value Measurement at September 30, 2019 Using: (In Thousands) Level 1 Level 2 Level 3 Total Non-performing loans $ — $ 4,212 $ 1,018 $ 5,230 Mortgage servicing assets — — 502 502 Real estate owned, net — — — — Total $ — $ 4,212 $ 1,520 $ 5,732 Fair Value Measurement at June 30, 2019 Using: (In Thousands) Level 1 Level 2 Level 3 Total Non-performing loans $ — $ 3,971 $ 2,247 $ 6,218 Mortgage servicing assets — — 627 627 Real estate owned, net — — — — Total $ — $ 3,971 $ 2,874 $ 6,845 The following table presents additional information about valuation techniques and inputs used for assets and liabilities, including derivative financial instruments, which are measured at fair value and categorized within Level 3 as of September 30, 2019: Impact to Fair Value Valuation As of from an September 30, Valuation Range (1) Increase in (Dollars In Thousands) 2019 Techniques Unobservable Inputs (Weighted Average) Inputs (2) Assets: Securities available-for sale: Private issue CMO $ 253 Market comparable pricing Comparability adjustment 2.6% – 3.0% (2.9%) Increase Loans held for investment, at fair value $ 4,386 Relative value analysis Broker quotes 97.6% – 104.1% Increase Non-performing loans (3) $ 684 Discounted cash flow Default rates 5.0% Decrease Non-performing loans (4) $ 334 Relative value analysis Credit risk factor 20.0% - 30.0% (20.5%) Decrease Mortgage servicing assets $ 502 Discounted cash flow Prepayment speed (CPR) 15.3% - 60.0% (25.1%) Decrease Interest-only strips $ 14 Discounted cash flow Prepayment speed (CPR) 20.4% - 40.6% (39.3%) Decrease Liabilities: None (1) The range is based on the historical estimated fair values and management estimates. (2) Unless otherwise noted, this column represents the directional change in the fair value of the Level 3 investments that would result from an increase to the corresponding unobservable input. A decrease to the unobservable input would have the opposite effect. Significant changes in these inputs in isolation could result in significantly higher or lower fair value measurements. (3) Consist of restructured loans . (4) Consist of other non-performing loans, excluding restructured loans. The significant unobservable inputs used in the fair value measurement of the Corporation’s assets and liabilities include the following: prepayment speeds, discount rates, broker quotes and roll-forward costs, among others. Significant increases or decreases in any of these inputs in isolation could result in significantly lower or higher fair value measurement. The various unobservable inputs used to determine valuations may have similar or diverging impacts on valuation. The carrying amount and fair value of the Corporation’s other financial instruments as of September 30, 2019 and June 30, 2019 was as follows: September 30, 2019 Carrying Fair (In Thousands) Amount Value Level 1 Level 2 Level 3 Financial assets: Investment securities - held to maturity $ 85,088 $ 86,272 $ — $ 86,272 $ — Loans held for investment, not recorded at fair value $ 919,928 $ 906,318 $ — $ — $ 906,318 FHLB – San Francisco stock $ 8,199 $ 8,199 $ — $ 8,199 $ — Financial liabilities: Deposits $ 831,736 $ 804,196 $ — $ — $ 804,196 Borrowings $ 131,092 $ 133,308 $ — $ — $ 133,308 June 30, 2019 Carrying Fair (In Thousands) Amount Value Level 1 Level 2 Level 3 Financial assets: Investment securities - held to maturity $ 94,090 $ 95,359 $ — $ 95,359 $ — Loans held for investment, not recorded at fair value $ 874,831 $ 861,374 $ — $ — $ 861,374 FHLB – San Francisco stock $ 8,199 $ 8,199 $ — $ 8,199 $ — Financial liabilities: Deposits $ 841,271 $ 813,087 $ — $ — $ 813,087 Borrowings $ 101,107 $ 102,826 $ — $ — $ 102,826 Investment securities - held to maturity: The investment securities - held to maturity consist of time deposits at CRA qualified minority financial institutions, U.S. SBA securities and U.S. government sponsored enterprise MBS. Due to the short-term nature of the time deposits, the principal balance approximated fair value (Level 2). For the MBS and the U.S. SBA securities, the Corporation utilizes quoted prices in active markets for similar securities for its fair value measurement (Level 2). Loans held for investment, not recorded at fair value: For loans that reprice frequently at market rates, the carrying amount approximates the fair value. For fixed-rate loans, the fair value is determined by either (i) discounting the estimated future cash flows of such loans over their estimated remaining contractual maturities using a current interest rate at which such loans would be made to borrowers, or (ii) quoted market prices. FHLB – San Francisco stock: The carrying amount reported for FHLB – San Francisco stock approximates fair value. When redeemed, the Corporation will receive an amount equal to the par value of the stock. Deposits: The fair value of time deposits is estimated using a discounted cash flow calculation. The discount rate is based upon rates currently offered for deposits of similar remaining maturities. The fair value of transaction accounts (checking, money market and savings accounts) is estimated using a discounted cash flow calculation and management estimates of current market conditions. Borrowings: The fair value of borrowings has been estimated using a discounted cash flow calculation. The discount rate on such borrowings is based upon rates currently offered for borrowings of similar remaining maturities. The Corporation has various processes and controls in place to ensure that fair value is reasonably estimated. The Corporation generally determines fair value of their Level 3 assets and liabilities by using internally developed models which primarily utilize discounted cash flow techniques and prices obtained from independent management services or brokers. The Corporation performs due diligence procedures over third-party pricing service providers in order to support their use in the valuation process. While the Corporation believes its valuation methods are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different estimate of fair value at the reporting date. During the quarter ended September 30, 2019, there were no significant changes to the Corporation’s valuation techniques that had, or are expected to have, a material impact on its consolidated financial position or results of operations.

Reclassification Adjustment of

Reclassification Adjustment of Accumulated Other Comprehensive Income ("AOCI")	3 Months Ended
	Sep. 30, 2019
Reclassification Adjustment of Accumulated Other Comprehensive Income ("AOCI")
Reclassification Adjustment of Accumulated Other Comprehensive Income ("AOCI")	Note 8: Reclassification Adjustment of Accumulated Other Comprehensive Income ("AOCI") The following tables provide the changes in AOCI by component for the quarters ended September 30, 2019 and 2018. For the Quarter Ended September 30, 2019 Unrealized gains and losses on Investment securities Interest- (In Thousands) available for sale only strips Total Beginning balance at June 30, 2019 $ 150 $ 11 $ 161 Other comprehensive income (loss) before reclassifications (12) (1) (13) Amount reclassified from accumulated other comprehensive income — — — Net other comprehensive income (loss) (12) (1) (13) Ending balance at September 30, 2019 $ 138 $ 10 $ 148 For the Quarter Ended September 30, 2018 Unrealized gains and losses on Investment securities Interest- (In Thousands) available for sale only strips Total Beginning balance at June 30, 2018 $ 194 $ 16 $ 210 Other comprehensive income (loss) before reclassifications (22) 1 (21) Amount reclassified from accumulated other comprehensive income — — — Net other comprehensive income (loss) (22) 1 (21) Ending balance at September 30, 2018 $ 172 $ 17 $ 189

Revenue From Contracts With Cus

Revenue From Contracts With Customers	3 Months Ended
	Sep. 30, 2019
Revenue From Contracts With Customers
Revenue From Contracts With Customers	Note 9: Revenue From Contracts With Customers In accordance with ASC 606, revenues are recognized when goods or services are transferred to the customer in exchange for the consideration the Company expects to be entitled to receive. The largest portion of the Company’s revenue is from interest income, which is not in the scope of ASC 606. All of the Company’s revenue from contracts with customers in the scope of ASC 606 is recognized in non-interest income. If a contract is determined to be within the scope of ASC 606, the Company recognizes revenue as it satisfies a performance obligation. Payments from customers are generally collected at the time services are rendered, monthly or quarterly. For contracts with customers within the scope of ASC 606, revenue is either earned at a point in time or revenue is earned over time. Examples of revenue earned at a point in time are automated teller machine ("ATM") transaction fees, wire transfer fees, overdraft fees and interchange fees. Revenue is primarily based on the number and type of transactions that are generally derived from transactional information accumulated by our systems and is recognized immediately as the transactions occur or upon providing the service to complete the customer’s transaction. The Company is generally the principal in these contracts, with the exception of interchanges fees, in which case the Company is acting as the agent and records revenue net of expenses paid to the principal. Examples of revenue earned over time, which generally occur on a monthly basis, are deposit account maintenance fees, investment advisory fees, merchant revenue, trust and investment management fees and safe deposit box fees. Revenue is generally derived from transactional information accumulated by our systems or those of third-parties and is recognized as the related transactions occur or services are rendered to the customer. Disaggregation of Revenue: The following table includes the Company’s non-interest income disaggregated by type of services for the quarters ended September 30, 2019 and 2018: For the Quarters Ended September 30, Type of Services 2019 2018 (In Thousands) Asset management fees $ 80 $ 82 Debit card and ATM fees 421 419 Deposit related fees 465 519 Loan related fees 6 12 BOLI (1) 47 46 Loan servicing fees (1) 133 324 Net gain (loss) on sale of loans (1) (86) 3,132 Other 4 15 Total non-interest income $ 1,070 $ 4,549 (1) Not in scope of ASC 606 . For the quarters ended September 30, 2019 and 2018, substantially all of the Company’s revenues within the scope of ASC 606 are for performance obligations satisfied at a specified date. Revenues recognized in scope of ASC 606: Asset management fees : Asset management fees are variable, since they are based on the underlying portfolio value, which is subject to market conditions and amounts invested by clients through a third-party provider. Asset management fees are recognized over the period that services are provided, and when the portfolio values are known or can be estimated at the end of each month. Debit card and ATM fees : Debit and ATM interchange income represents fees earned when a debit card issued by the Bank is used. The Bank earns interchange fees from debit cardholder transactions through a third party payment network. Interchange fees from cardholder transactions represent a percentage of the underlying transaction value and are recognized daily, concurrently with the transaction processing services provided to the cardholder. The performance obligation is satisfied and the fees are earned when the cost of the transaction is charged to the cardholders’ debit card. Certain expenses directly associated with the debit cards are recorded on a net basis with the interchange income. Deposit related fees : Fees are earned on the Bank’s deposit accounts for various products offered to or services performed for the Bank’s customers. Fees include business account fees, non-sufficient fund fees, stop payment fees, wire services, safe deposit box and others. These fees are recognized on a daily, monthly or quarterly basis, depending on the type of service. Loan related fees : Non-interest loan fee income is earned on loans that the Bank services, excluding loan servicing fees which are not within the scope of ASC 606. Loan related fees include prepayment fees, late charges, brokered loan fees, maintenance fees and others. These fees are recognized on a daily, monthly, quarterly or annual basis, depending on the type of service. Other : Fees earned on other services, such as merchant services or occasional non-recurring type services, are recognized at the time of the event or the applicable billing cycle.

Leases

Leases	3 Months Ended
	Sep. 30, 2019
Leases
Leases	Note 10: Leases The Corporation accounts for its leases in accordance with ASC 842, which was implemented on July 1, 2019, and requires the Corporation to record liabilities for future lease obligations as well as assets representing the right to use the underlying leased assets. The Corporation's leases primarily represent future obligations to make payments for the use of buildings, space or equipment for its operations. Liabilities to make future lease payments are recorded in accounts payable, accrued interest and other liabilities, while right-of-use assets are recorded in premises and equipment in the Corporation's condensed consolidated statements of financial condition. At September 30, 2019, all of the Corporation's leases were classified as operating leases and the Corporation did not have any operating leases with an initial term of 12 months or less ("short-term leases"). Liabilities to make future lease payments and right of use assets are recorded for operating leases and do not include short-term leases. These liabilities and right-of-use assets are determined based on the total contractual base rents for each lease, which include options to extend or renew each lease, where applicable, and where the Corporation believes it has an economic incentive to extend or renew the lease. Due to the fact that lease extensions are not reasonably certain, the Corporation generally does not recognize payments occurring during option periods in the calculation of its operating right-of-use lease assets and operating lease liabilities. The Corporation utilizes the FHLB - San Francisco rates as a discount rate for each of the remaining contractual terms at the adoption date as well as for future leases if the discount rate is not stated in the lease. For leases that contain variable lease payments, the Corporation assumes future lease payment escalations based on a lease payment escalation rate specified in the lease or the specified index rate observed at the time of lease commencement. Liabilities to make future lease payments are accounted for using the interest method, being reduced by periodic contractual lease payments net of periodic interest accretion. Right-of-use assets for operating leases are amortized over the term of the associated lease by amounts that represent the difference between periodic straight-line lease expense and periodic interest accretion in the related liability to make future lease payments. For the quarter ended September 30, 2019, expense associated with the Corporation's leases totaled $190,000 and was recorded in premises and occupancy expenses and equipment expenses in the condensed consolidated statements of operations. The following table presents supplemental information related to operating leases at the date and for the period indicated: (In Thousands) September 30, 2019 Condensed Consolidated Statements of Condition: Premises and equipment - Operating lease right of use assets $ 3,171 Accounts payable, accrued interest and other liabilities - Operating lease liabilities $ 3,382 Condensed Consolidated Statements of Operations: Premises and occupancy expenses from operating leases (1) $ 179 Equipment expenses from operating leases $ 11 Condensed Consolidated Statements of Cash Flows: Operating cash flows from operating leases, net (2) $ 284 (1) Variable lease costs are immaterial. (2) Revenue related to sublease activity is immaterial and netted against operating lease expenses. The following table provides information related to remaining minimum contractual lease payments and other information associated with the Corporation’s leases as of September 30, 2019: Amount (1) Year Ending June 30, (In Thousands) 2020 $ 771 2021 753 2022 677 2023 478 2024 361 Thereafter 530 Total contract lease payments, net (2) $ 3,570 Total liability to make lease payments $ 3,382 Difference in undiscounted and discounted future lease payments $ 189 Weighted average discount rate 2.06 % Weighted average remaining lease term (years) 4.9 (1) Contractual base rents do not include property taxes and other operating expenses due under respective lease agreements. (2) Revenue related to sublease activity is immaterial and not presented herein. The following table summarizes the impact of the adoption of the new lease accounting guidance on the Corporation’s condensed consolidated statements of financial condition as of July 1, 2019: Adjustments due to new June 30, lease July 1, September (In Thousands) 2019 guidance 2019 30, 2019 Total assets $ 1,084,850 $ 3,399 $ 1,088,249 $ 1,105,296 Total liabilities $ 964,209 $ 3,704 $ 967,913 $ 983,127 Total equity $ 120,641 $ — $ 120,641 $ 122,169

Subsequent Event

Subsequent Event	3 Months Ended
	Sep. 30, 2019
Subsequent Event
Subsequent Event	Note 11: Subsequent Event On October 30, 2019, the Corporation announced that the Corporation’s Board of Directors declared a quarterly cash dividend of $0.14 per share. Shareholders of the Corporation’s common stock at the close of business on November 20, 2019 entitled to receive the cash dividend. The cash dividend will be payable on December 11, 2019.

Significant Accounting Policies

Significant Accounting Policies (Policies)	3 Months Ended
	Sep. 30, 2019
Significant Accounting Policies
Basis of Presentation	Basis of Presentation The unaudited interim condensed consolidated financial statements included herein reflect all adjustments which are, in the opinion of management, necessary to present a fair statement of the results of operations for the interim periods presented. All such adjustments are of a normal, recurring nature. The condensed consolidated statement of financial condition at June 30, 2019 is derived from the audited consolidated financial statements of Provident Financial Holdings, Inc. and its wholly-owned subsidiary, Provident Savings Bank, F.S.B. (the "Bank") (collectively, the "Corporation"). Certain information and note disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America ("GAAP") have been omitted pursuant to the rules and regulations of the United States Securities and Exchange Commission ("SEC") with respect to interim financial reporting. It is recommended that these unaudited interim condensed consolidated financial statements be read in conjunction with the audited consolidated financial statements and notes thereto included in the Corporation’s Annual Report on Form 10‑K for the year ended June 30, 2019. The results of operations for the quarter ended September 30, 2019 are not necessarily indicative of results that may be expected for the entire fiscal year ending June 30, 2020.
Accounting Standard Updates ("ASU")	Accounting Standard Updates (“ASU”) There have been no accounting standard updates or changes in the status of their adoption that are significant to the Corporation as previously disclosed in Note 1 of the Corporation's Annual Report on Form 10-K for the year ended June 30, 2019, other than: ASU 2016-13: In June 2016, the Financial Accounting Standards Board ("FASB") issued ASU 2016-13, “Financial Instruments — Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments,” and subsequent amendment to the initial guidance in November 2018, ASU No. 2018-19, Codification Improvements to Topic 326, Financial Instruments—Credit Losses, in April 2019, ASU 2019-04, Codification Improvements to Topic 326, Financial Instruments—Credit Losses, Topic 815, Derivatives and Hedging, and Topic 825, Financial Instruments, and in May 2019, ASU 2019-05 Financial Instruments—Credit Losses, Topic 326, all of which clarifies codification and corrects unintended application of the guidance. These ASUs will be effective for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years assuming the adoption of an ASU implementing the FASB board decision in October 2019 extending the adoption date for certain registrants, including the Corporation. The Corporation is evaluating its current expected loss methodology of its loan and investment portfolios to identify the necessary modifications in accordance with these standards and expects a change in the processes and procedures to calculate the allowance for loan losses, including changes in assumptions and estimates to consider expected credit losses over the life of the loan versus the current accounting practice that utilizes the incurred loss model. A valuation adjustment to its allowance for loan losses or investment portfolio that is identified in this process will be reflected as a one-time adjustment in equity rather than earnings upon adoption. The Corporation is in the process of compiling historical data that will be used to calculate expected credit losses on its loan portfolio to ensure the Corporation is fully compliant with these ASUs at the adoption date and is evaluating the potential impact adoption of this ASU will have on the Corporation’s Consolidated Financial Statements. ASU 2018-11 In February 2016, the FASB issued ASU 2016-02, "Leases (Topic 842)." This ASU introduces a lessee model that brings most leases onto the balance sheet and aligns many of the underlying principles of the new lessor model with those in the new revenue recognition standard, ASC 606, Revenue From Contracts With Customers. The new leases standard represents a wholesale change to lease accounting and did not result in significant implementation challenges during the transition period. For leases with a term of 12 months or less, a lessee is permitted to make an accounting policy election by class of underlying asset not to recognize lease assets and lease liabilities. If a lessee makes this election, it should recognize lease expense for such leases generally on a straight-line basis over the lease term. The effective date of this ASU for annual periods is beginning after December 15, 2018 (i.e., calendar periods beginning on January 1, 2019) and interim periods therein. In July 2018, the FASB issued ASU 2018-11, Leases, Targeted Improvements, which allows entities the option of initially applying the new leases standard at the adoption date (such as January 1, 2019, for calendar year- end public business entities) and recognize a cumulative-effect adjustment to the opening balance of retained earnings in the period of adoption. The Corporation adopted the provisions of ASC 842 effective July 1, 2019 utilizing the transition method allowed under ASU 2018-11 and will not restate comparative periods as well as electing to not separate non-lease components from lease components. The Corporation elected the package of practical expedients permitted under ASC 842's transition guidance, which allows the Corporation to carryforward its historical lease classifications and its assessment as to whether a contract is or contains a lease. The Corporation also elected to not recognize lease assets and lease liabilities for leases with an initial term of 12 months or less. The adoption of ASC 842 did not have a material impact on its consolidated financial statements. See Note 10 for additional discussion. ASU 2018-13: In August 2018, the FASB issued ASU 2018-13, Disclosure Framework - Changes to the Disclosure Requirements for Fair Value Measurement, which modifies disclosure requirements on fair value measurements to improve their effectiveness. The guidance permits entities to consider materiality when evaluating fair value measurement disclosures and, among other modifications, requires certain new disclosures related to Level 3 fair value measurements. The guidance will be effective beginning January 1, 2020, with early adoption permitted. The guidance only affects disclosures in the notes to the consolidated financial statements and will not otherwise affect the Corporation's Consolidated Financial Statements.

Earnings Per Share (Tables)

Earnings Per Share (Tables)	3 Months Ended
	Sep. 30, 2019
Earnings Per Share
Schedule of earnings per share, basic and diluted	For the Quarters Ended September 30, (In Thousands, Except Earnings Per Share) 2019 2018 Numerator: Net income – numerator for basic earnings per share and diluted earnings per share - available to common stockholders $ 2,562 $ 1,823 Denominator: Denominator for basic earnings per share: Weighted-average shares 7,482 7,431 Effect of dilutive shares: Stock options 136 91 Restricted stock 30 35 Denominator for diluted earnings per share: Adjusted weighted-average shares and assumed conversions 7,648 7,557 Basic earnings per share $ 0.34 $ 0.25 Diluted earnings per share $ 0.33 $ 0.24

Investment Securities (Tables)

Investment Securities (Tables)	3 Months Ended
	Sep. 30, 2019
Investment Securities
Schedule of available-for-sale securities reconciliation	Gross Gross Estimated Amortized Unrealized Unrealized Fair Carrying September 30, 2019 Cost Gains (Losses) Value Value (In Thousands) Held to maturity: U.S. government sponsored enterprise MBS (1) $ 81,412 $ 1,238 $ (41) $ 82,609 $ 81,412 U.S. SBA securities (2) 2,876 — (13) 2,863 2,876 Certificate of deposits 800 — — 800 800 Total investment securities - held to maturity $ 85,088 $ 1,238 $ (54) $ 86,272 $ 85,088 Available for sale: U.S. government agency MBS $ 3,303 $ 110 $ — $ 3,413 $ 3,413 U.S. government sponsored enterprise MBS 1,773 78 — 1,851 1,851 Private issue CMO (3) 245 8 — 253 253 Total investment securities - available for sale $ 5,321 $ 196 $ — $ 5,517 $ 5,517 Total investment securities $ 90,409 $ 1,434 $ (54) $ 91,789 $ 90,605 (1) Mortgage-Backed Securities ("MBS"). (2) Small Business Administration ("SBA"). (3) Collateralized Mortgage Obligations ("CMO"). Gross Gross Estimated Amortized Unrealized Unrealized Fair Carrying June 30, 2019 Cost Gains (Losses) Value Value (In Thousands) Held to maturity U.S. government sponsored enterprise MBS $ 90,394 $ 1,289 $ (14) $ 91,669 $ 90,394 U.S. SBA securities 2,896 — (6) 2,890 2,896 Certificate of deposits 800 — — 800 800 Total investment securities - held to maturity $ 94,090 $ 1,289 $ (20) $ 95,359 $ 94,090 Available for sale U.S. government agency MBS $ 3,498 $ 116 $ (1) $ 3,613 $ 3,613 U.S. government sponsored enterprise MBS 1,998 89 — 2,087 2,087 Private issue CMO 261 8 — 269 269 Total investment securities - available for sale $ 5,757 $ 213 $ (1) $ 5,969 $ 5,969 Total investment securities $ 99,847 $ 1,502 $ (21) $ 101,328 $ 100,059
Schedule of investments with unrealized loss position	Unrealized Holding Unrealized Holding Unrealized Holding As of September 30, 2019 Losses Losses Losses (In Thousands) Less Than 12 Months 12 Months or More Total Fair Unrealized Fair Unrealized Fair Unrealized Description of Securities Value Losses Value Losses Value Losses Held to maturity: U.S. government sponsored enterprise MBS $ 7,312 $ 39 $ 1,478 $ 2 $ 8,790 $ 41 U.S. SBA securities — $ — 2,855 13 2,855 13 Total investment securities $ 7,312 $ 39 $ 4,333 $ 15 $ 11,645 $ 54 Unrealized Holding Unrealized Holding Unrealized Holding As of June 30, 2019 Losses Losses Losses (In Thousands) Less Than 12 Months 12 Months or More Total Fair Unrealized Fair Unrealized Fair Unrealized Description of Securities Value Losses Value Losses Value Losses Held to maturity U.S. government sponsored enterprise MBS $ 6,507 $ 8 $ 1,657 $ 6 $ 8,164 $ 14 U.S. SBA securities — $ — 2,883 6 2,883 6 Total investment securities - held to maturity $ 6,507 $ 8 $ 4,540 $ 12 $ 11,047 $ 20 Available for sale U.S. government agency MBS $ 289 $ 1 $ — $ — $ 289 $ 1 Total investment securities - available for sale $ 289 $ 1 $ — $ — $ 289 $ 1 Total investment securities $ 6,796 $ 9 $ 4,540 $ 12 $ 11,336 $ 21
Schedule of investments classified by contractual maturity	September 30, 2019 June 30, 2019 Estimated Estimated Amortized Fair Amortized Fair (In Thousands) Cost Value Cost Value Held to maturity: Due in one year or less $ 800 $ 800 $ 400 $ 400 Due after one through five years 28,616 28,734 32,584 32,728 Due after five through ten years 32,703 33,447 35,306 36,090 Due after ten years 22,969 23,291 25,800 26,141 Total investment securities - held to maturity $ 85,088 $ 86,272 $ 94,090 $ 95,359 Available for sale: Due in one year or less $ — $ — $ — $ — Due after one through five years — — — — Due after five through ten years — — — — Due after ten years 5,321 5,517 5,757 5,969 Total investment securities - available for sale $ 5,321 $ 5,517 $ 5,757 $ 5,969 Total investment securities $ 90,409 $ 91,789 $ 99,847 $ 101,328

Loans Held For Investment (Tabl

Loans Held For Investment (Tables)	3 Months Ended
	Sep. 30, 2019
Loans Held for Investment
Schedule of allowance for loan losses and recorded investment	Quarter Ended September 30, 2019 Single- Multi- Commercial Commercial (In Thousands) family family Real Estate Construction Other Business Consumer Total Allowance for loan losses: Allowance at beginning of period $ 2,709 $ 3,219 $ 1,050 $ 61 $ 3 $ 26 $ 8 $ 7,076 Provision (recovery) for loan losses (510) 288 35 13 (3) (6) 2 (181) Recoveries 36 — — — — — — 36 Charge-offs (1) — — — — — (1) (2) Allowance for loan losses, end of period $ 2,234 $ 3,507 $ 1,085 $ 74 $ — $ 20 $ 9 $ 6,929 Allowance for loan losses: Individually evaluated for impairment $ 47 $ — $ — $ — $ — $ 7 $ — $ 54 Collectively evaluated for impairment 2,187 3,507 1,085 74 — 13 9 6,875 Allowance for loan losses, end of period $ 2,234 $ 3,507 $ 1,085 $ 74 $ — $ 20 $ 9 $ 6,929 Loans held for investment: Individually evaluated for impairment $ 3,766 $ — $ — $ 1,139 $ — $ 45 $ — $ 4,950 Collectively evaluated for impairment 324,566 479,597 110,652 4,773 — 323 144 920,055 Total loans held for investment, gross $ 328,332 $ 479,597 $ 110,652 $ 5,912 $ — $ 368 $ 144 $ 925,005 Allowance for loan losses as a percentage of gross loans held for investment 0.68 % 0.73 % 0.98 % 1.25 % — % 5.43 % 6.25 % 0.74 % Quarter Ended September 30, 2018 Single- Multi- Commercial Commercial (In Thousands) family family Real Estate Construction Other Business Consumer Total Allowance for loan losses: Allowance at beginning of period $ 2,783 $ 3,492 $ 1,030 $ 47 $ 3 $ 24 $ 6 $ 7,385 Provision (recovery) for loan losses (49) (156) (18) (9) — (5) — (237) Recoveries 32 — — — — — 1 33 Charge-offs (25) — — — — — (1) (26) Allowance for loan losses, end of period $ 2,741 $ 3,336 $ 1,012 $ 38 $ 3 $ 19 $ 6 $ 7,155 Allowance for loan losses: Individually evaluated for impairment $ 124 $ — $ — $ — $ — $ 5 $ — $ 129 Collectively evaluated for impairment 2,617 3,336 1,012 38 3 14 6 7,026 Allowance for loan losses, end of period $ 2,741 $ 3,336 $ 1,012 $ 38 $ 3 $ 19 $ 6 $ 7,155 Loans held for investment: Individually evaluated for impairment $ 6,370 $ — $ — $ 745 $ — $ 68 $ — $ 7,183 Collectively evaluated for impairment 301,110 454,821 112,026 3,101 167 348 104 871,677 Total loans held for investment, gross $ 307,480 $ 454,821 $ 112,026 $ 3,846 $ 167 $ 416 $ 104 $ 878,860 Allowance for loan losses as a percentage of gross loans held for investment 0.89 % 0.73 % 0.90 % 0.99 % 1.80 % 4.57 % 5.77 % 0.81 %
Schedule of loans held for investment	September 30, June 30, (In Thousands) 2019 2019 Mortgage loans: Single-family $ 328,332 $ 324,952 Multi-family 479,597 439,041 Commercial real estate 110,652 111,928 Construction (1) 5,912 4,638 Other — 167 Commercial business loans (2) 368 478 Consumer loans (3) 144 134 Total loans held for investment, gross 925,005 881,338 Advance payments of escrows 34 53 Deferred loan costs, net 6,204 5,610 Allowance for loan losses (6,929) (7,076) Total loans held for investment, net $ 924,314 $ 879,925 (1) Net of $6.2 million and $6.6 million of undisbursed loan funds as of September 30, 2019 and June 30, 2019, respectively (2) Net of $1.1 million and $1.0 million of undisbursed lines of credit as of September 30, 2019 and June 30, 2019, respectively. (3) Net of $0.5 million and $0.5 million of undisbursed lines of credit as of September 30, 2019 and June 30, 2019, respectively.
Schedule of gross loans held for investment by loan types and risk category	September 30, 2019 Single- Multi- Commercial Commercial (In Thousands) family family Real Estate Construction Business Consumer Total Pass $ 321,107 $ 475,755 $ 109,726 $ 4,773 $ 323 $ 144 $ 911,828 Special Mention 3,039 3,842 — — — — 6,881 Substandard 4,186 — 926 1,139 45 — 6,296 Total loans held for investment, gross $ 328,332 $ 479,597 $ 110,652 $ 5,912 $ 368 $ 144 $ 925,005 June 30, 2019 Single- Multi- Commercial Other Commercial (In Thousands) family family Real Estate Construction Mortgage Business Consumer Total Pass $ 314,036 $ 435,177 $ 111,001 $ 3,667 $ 167 $ 429 $ 134 $ 864,611 Special Mention 3,795 3,864 927 — — — — 8,586 Substandard 7,121 — — 971 — 49 — 8,141 Total loans held for investment, gross $ 324,952 $ 439,041 $ 111,928 $ 4,638 $ 167 $ 478 $ 134 $ 881,338
Schedule of loans held for investment, contractual repricing	Adjustable Rate After After After One Year 3 Years 5 Years Within One Through 3 Through 5 Through 10 (In Thousands) Year Years Years Years Fixed Rate Total Mortgage loans: Single-family $ 91,793 $ 41,361 $ 119,810 $ 64,197 $ 11,171 $ 328,332 Multi-family 125,583 179,261 157,529 17,044 180 479,597 Commercial real estate 43,813 31,233 34,408 775 423 110,652 Construction 5,085 — — — 827 5,912 Commercial business loans 20 — — — 348 368 Consumer loans 144 — — — — 144 Total loans held for investment, gross $ 266,438 $ 251,855 $ 311,747 $ 82,016 $ 12,949 $ 925,005
Schedule of allowance for loan losses	The following table is provided to disclose additional details for the periods indicated on the Corporation’s allowance for loan losses: For the Quarters Ended September 30, (Dollars in Thousands) 2019 2018 Allowance at beginning of period $ 7,076 $ 7,385 Provision (recovery) for loan losses (181) (237) Recoveries: Mortgage loans: Single-family 36 32 Consumer loans — 1 Total recoveries 36 33 Charge-offs: Mortgage loans: Single-family (1) (25) Consumer loans (1) (1) Total charge-offs (2) (26) Net (charge-offs) recoveries 34 7 Balance at end of period $ 6,929 $ 7,155 Allowance for loan losses as a percentage of gross loans held for investment at the end of the period 0.74 % 0.81 % Net charge-offs (recoveries) as a percentage of average loans receivable, net, during the period (annualized) (0.02) % 0.00 %
Schedule of recorded investment in non-performing loans	At September 30, 2019 Unpaid Net Principal Related Recorded Recorded (In Thousands) Balance Charge-offs Investment Allowance (1) Investment Mortgage loans: Single-family: With a related allowance $ 1,112 $ — $ 1,112 $ (133) $ 979 Without a related allowance (2) 3,576 (502) 3,074 — 3,074 Total single-family 4,688 (502) 4,186 (133) 4,053 Construction: Without a related allowance (2) 1,139 — 1,139 — 1,139 Total construction 1,139 — 1,139 — 1,139 Commercial business loans: With a related allowance 45 — 45 (7) 38 Total commercial business loans 45 — 45 (7) 38 Total non-performing loans $ 5,872 $ (502) $ 5,370 $ (140) $ 5,230 (1) Consists of collectively and individually evaluated allowances, specifically assigned to the individual loan, and fair value credit adjustments. (2) There was no related allowance for loan losses because the loans have been charged-off to their fair value or the fair value of the collateral is higher than the loan balance. At June 30, 2019 Unpaid Net Principal Related Recorded Recorded (In Thousands) Balance Charge-offs Investment Allowance (1) Investment Mortgage loans: Single-family: With a related allowance $ 2,640 $ — $ 2,640 $ (434) $ 2,206 Without a related allowance (2) 3,518 (518) 3,000 — 3,000 Total single-family 6,158 (518) 5,640 (434) 5,206 Construction: Without a related allowance (2) 971 — 971 — 971 Total construction 971 — 971 — 971 Commercial business loans: With a related allowance 49 — 49 (8) 41 Total commercial business loans 49 — 49 (8) 41 Total non-performing loans $ 7,178 $ (518) $ 6,660 $ (442) $ 6,218 (1) Consists of collectively and individually evaluated allowances, specifically assigned to the individual loan, and fair value credit adjustments. (2) There was no related allowance for loan losses because the loans have been charged-off to their fair value or the fair value of the collateral is higher than the loan balance.
Schedule of past due status of gross loans held for investment, net of fair value adjustments	September 30, 2019 30‑89 Days Total Loans Held for (In Thousands) Current Past Due Non-Accrual (1) Investment, Gross Mortgage loans: Single-family $ 323,159 $ 987 $ 4,186 $ 328,332 Multi-family 479,597 — — 479,597 Commercial real estate 110,652 — — 110,652 Construction 4,773 — 1,139 5,912 Commercial business loans 323 — 45 368 Consumer loans 141 3 — 144 Total loans held for investment, gross $ 918,645 $ 990 $ 5,370 $ 925,005 (1) All loans 90 days or greater past due are placed on non-accrual status. June 30, 2019 30‑89 Days Total Loans Held for (In Thousands) Current Past Due Non-Accrual (1) Investment, Gross Mortgage loans: Single-family $ 318,671 $ 660 $ 5,621 $ 324,952 Multi-family 439,041 — — 439,041 Commercial real estate 111,928 — — 111,928 Construction 3,667 — 971 4,638 Other 167 — — 167 Commercial business loans 429 — 49 478 Consumer loans 129 5 — 134 Total loans held for investment, gross $ 874,032 $ 665 $ 6,641 $ 881,338 (1) All loans 90 days or greater past due are placed on non-accrual status.
Schedule of Nonperforming Loans on Interest Income	The following table presents the average recorded investment in non-performing loans and the related interest income recognized for the quarters ended September 30, 2019 and 2018: Quarter Ended September 30, 2019 2018 Average Interest Average Interest Recorded Income Recorded Income (In Thousands) Investment Recognized Investment Recognized Without related allowances: Mortgage loans: Single-family $ 3,086 $ 116 $ 4,599 $ 40 Construction 1,084 — 248 — 4,170 116 4,847 40 With related allowances: Mortgage loans: Single-family 1,198 12 2,071 24 Commercial business loans 46 1 68 1 1,244 13 2,139 25 Total $ 5,414 $ 129 $ 6,986 $ 65
Schedule of troubled debt restructurings by nonaccrual versus accrual status	At At (In Thousands) September 30, 2019 June 30, 2019 Restructured loans on non-accrual status: Mortgage loans: Single-family $ 1,316 $ 1,891 Commercial business loans 38 41 Total 1,354 1,932 Restructured loans on accrual status: Mortgage loans: Single-family 431 1,861 Total 431 1,861 Total restructured loans $ 1,785 $ 3,793
Schedule of recorded investment in restructured loans	At September 30, 2019 Unpaid Net Principal Related Recorded Recorded (In Thousands) Balance Charge-offs Investment Allowance (1) Investment Mortgage loans: Single-family: With a related allowance $ 693 $ — $ 693 $ (47) $ 646 Without a related allowance (2) 1,466 (365) 1,101 — 1,101 Total single-family 2,159 (365) 1,794 (47) 1,747 Commercial business loans: With a related allowance 45 — 45 (7) 38 Total commercial business loans 45 — 45 (7) 38 Total restructured loans $ 2,204 $ (365) $ 1,839 $ (54) $ 1,785 (1) Consists of collectively and individually evaluated allowances, specifically assigned to the individual loan. (2) There was no related allowance for loan losses because the loans have been charged-off to their fair value or the fair value of the collateral is higher than the loan balance. At June 30, 2019 Unpaid Net Principal Related Recorded Recorded (In Thousands) Balance Charge-offs Investment Allowance (1) Investment Mortgage loans: Single-family: With a related allowance $ 2,199 $ — $ 2,199 $ (122) $ 2,077 Without a related allowance (2) 2,040 (365) 1,675 — 1,675 Total single-family 4,239 (365) 3,874 (122) 3,752 Commercial business loans: With a related allowance 49 — 49 (8) 41 Total commercial business loans 49 — 49 (8) 41 Total restructured loans $ 4,288 $ (365) $ 3,923 $ (130) $ 3,793 (1) Consists of collectively and individually evaluated allowances, specifically assigned to the individual loan. (2) There was no related allowance for loan losses because the loans have been charged-off to their fair value or the fair value of the collateral is higher than the loan balance.

Derivative and Other Financia_2

Derivative and Other Financial Instruments with Off-Balance Sheet Risks (Tables)	3 Months Ended
	Sep. 30, 2019
Derivative and Other Financial Instruments with Off-Balance Sheet Risks
Schedule of undisbursed funds commitments	Commitments September 30, 2019 June 30, 2019 (In Thousands) Undisbursed loan funds – Construction loans $ 6,213 $ 6,592 Undisbursed lines of credit – Commercial business loans 1,065 1,003 Undisbursed lines of credit – Consumer loans 470 479 Commitments to extend credit on loans to be held for investment 7,109 4,254 Total $ 14,857 $ 12,328
Schedule of allowance for loan losses of undisbursed funds and commitments on loans held for investment	For the Quarters Ended September 30, (In Thousands) 2019 2018 Balance, beginning of the period $ 141 $ 157 Provision (recovery) 2 (8) Balance, end of the period $ 143 $ 149
Schedule of impact of derivative financial instruments on gain on sale of loans	For the Quarters Ended September 30, Derivative Financial Instruments 2019 2018 (In Thousands) Commitments to extend credit on loans to be held for sale $ — $ (329) Mandatory loan sale commitments and TBA MBS trades — 679 Total net gain $ — $ 350
Schedule of summary of recourse liability	For the Quarters Ended September 30, Recourse Liability 2019 2018 (In Thousands) Balance, beginning of the period $ 250 $ 283 Recovery from recourse liability — (33) Net settlements in lieu of loan repurchases — — Balance, end of the period $ 250 $ 250

Fair Value of Financial Instr_2

Fair Value of Financial Instruments (Tables)	3 Months Ended
	Sep. 30, 2019
Fair Value of Financial Instruments
Schedule of aggregate fair value and aggregate unpaid principal balance of loans held for sale	Aggregate Unpaid Net Aggregate Principal Unrealized (In Thousands) Fair Value Balance Gain (Loss) As of September 30, 2019: Loans held for investment, at fair value $ 4,386 $ 4,529 $ (143) As of June 30, 2019: Loans held for investment, at fair value $ 5,094 $ 5,218 $ (124)
Schedule of fair value, assets and liabilities measured on recurring basis	Fair Value Measurement at September 30, 2019 Using: (In Thousands) Level 1 Level 2 Level 3 Total Assets: Investment securities - available for sale: U.S. government agency MBS $ — $ 3,413 $ — $ 3,413 U.S. government sponsored enterprise MBS — 1,851 — 1,851 Private issue CMO — — 253 253 Investment securities - available for sale — 5,264 253 5,517 Loans held for investment, at fair value — — 4,386 4,386 Interest-only strips — — 14 14 Total assets $ — $ 5,264 $ 4,653 $ 9,917 Liabilities $ — $ — $ — $ — Total liabilities $ — $ — $ — $ — Fair Value Measurement at June 30, 2019 Using: (In Thousands) Level 1 Level 2 Level 3 Total Assets: Investment securities - available for sale: U.S. government agency MBS $ — $ 3,613 $ — $ 3,613 U.S. government sponsored enterprise MBS — 2,087 — 2,087 Private issue CMO — — 269 269 Investment securities - available for sale — 5,700 269 5,969 Loans held for investment, at fair value — — 5,094 5,094 Interest-only strips — — 16 16 Total assets $ — $ 5,700 $ 5,379 $ 11,079 Liabilities: $ — $ — $ — $ — Total liabilities $ — $ — $ — $ —
Schedule for reconciliation of recurring fair value measurements using level 3 inputs	Fair Value Measurement at June 30, 2019 Using: (In Thousands) Level 1 Level 2 Level 3 Total Assets: Investment securities - available for sale: U.S. government agency MBS $ — $ 3,613 $ — $ 3,613 U.S. government sponsored enterprise MBS — 2,087 — 2,087 Private issue CMO — — 269 269 Investment securities - available for sale — 5,700 269 5,969 Loans held for investment, at fair value — — 5,094 5,094 Interest-only strips — — 16 16 Total assets $ — $ 5,700 $ 5,379 $ 11,079 Liabilities: $ — $ — $ — $ — Total liabilities $ — $ — $ — $ — The following tables summarize reconciliations of the beginning and ending balances during the periods shown of recurring fair value measurements recognized in the Condensed Consolidated Statements of Financial Condition using Level 3 inputs: For the Quarter Ended September 30, 2019 Fair Value Measurement Using Significant Other Unobservable Inputs (Level 3) Loans Held Private For Interest- Issue Investment, at Only (In Thousands) CMO fair value (1) Strips Total Beginning balance at June 30, 2019 $ 269 $ 5,094 $ 16 $ 5,379 Total gains or losses (realized/unrealized): Included in earnings — (18) — (18) Included in other comprehensive loss — — (2) (2) Purchases — — — — Issuances — — — — Settlements (16) (690) — (706) Transfers in and/or out of Level 3 — — — — Ending balance at September 30, 2019 $ 253 $ 4,386 $ 14 $ 4,653 (1) The valuation of loans held for investment at fair value includes management estimates of the specific credit risk attributes of each loan, in addition to the quoted secondary-market prices which account for the interest rate characteristics of each loan. For the Quarter Ended September 30, 2018 Fair Value Measurement Using Significant Other Unobservable Inputs (Level 3) Loans Held Private For Interest- Loan Issue Investment, at Only Commitments Mandatory (In Thousands) CMO fair value (1) Strips to Originate (2) Commitments (3) Total Beginning balance at June 30, 2018 $ 350 $ 5,234 $ 23 $ 825 $ (32) $ 6,400 Total gains or losses (realized/unrealized): Included in earnings — (49) — (329) 22 (356) Included in other comprehensive loss — — 1 — — 1 Purchases — — — — — — Issuances — — — — — — Settlements (34) (710) — — 1 (743) Transfers in and/or out of Level 3 — 470 — — — 470 Ending balance at September 30, 2018 $ 316 $ 4,945 $ 24 $ 496 $ (9) $ 5,772 (1) The valuation of loans held for investment at fair value includes management estimates of the specific credit risk attributes of each loan, in addition to the quoted secondary-market prices which account for the interest rate characteristics of each loan. (2) Consists of commitments to extend credit on loans to be held for sale. (3) Consists of mandatory loan sale commitments.
Schedule of fair value assets measured on nonrecurring basis	Fair Value Measurement at September 30, 2019 Using: (In Thousands) Level 1 Level 2 Level 3 Total Non-performing loans $ — $ 4,212 $ 1,018 $ 5,230 Mortgage servicing assets — — 502 502 Real estate owned, net — — — — Total $ — $ 4,212 $ 1,520 $ 5,732 Fair Value Measurement at June 30, 2019 Using: (In Thousands) Level 1 Level 2 Level 3 Total Non-performing loans $ — $ 3,971 $ 2,247 $ 6,218 Mortgage servicing assets — — 627 627 Real estate owned, net — — — — Total $ — $ 3,971 $ 2,874 $ 6,845
Schedule of additional information about valuation techniques and inputs used for assets and liabilities	The following table presents additional information about valuation techniques and inputs used for assets and liabilities, including derivative financial instruments, which are measured at fair value and categorized within Level 3 as of September 30, 2019: Impact to Fair Value Valuation As of from an September 30, Valuation Range (1) Increase in (Dollars In Thousands) 2019 Techniques Unobservable Inputs (Weighted Average) Inputs (2) Assets: Securities available-for sale: Private issue CMO $ 253 Market comparable pricing Comparability adjustment 2.6% – 3.0% (2.9%) Increase Loans held for investment, at fair value $ 4,386 Relative value analysis Broker quotes 97.6% – 104.1% Increase Non-performing loans (3) $ 684 Discounted cash flow Default rates 5.0% Decrease Non-performing loans (4) $ 334 Relative value analysis Credit risk factor 20.0% - 30.0% (20.5%) Decrease Mortgage servicing assets $ 502 Discounted cash flow Prepayment speed (CPR) 15.3% - 60.0% (25.1%) Decrease Interest-only strips $ 14 Discounted cash flow Prepayment speed (CPR) 20.4% - 40.6% (39.3%) Decrease Liabilities: None (1) The range is based on the historical estimated fair values and management estimates. (2) Unless otherwise noted, this column represents the directional change in the fair value of the Level 3 investments that would result from an increase to the corresponding unobservable input. A decrease to the unobservable input would have the opposite effect. Significant changes in these inputs in isolation could result in significantly higher or lower fair value measurements. (3) Consist of restructured loans . (4) Consist of other non-performing loans, excluding restructured loans.
Schedule of carrying amount and fair value of financial instruments	September 30, 2019 Carrying Fair (In Thousands) Amount Value Level 1 Level 2 Level 3 Financial assets: Investment securities - held to maturity $ 85,088 $ 86,272 $ — $ 86,272 $ — Loans held for investment, not recorded at fair value $ 919,928 $ 906,318 $ — $ — $ 906,318 FHLB – San Francisco stock $ 8,199 $ 8,199 $ — $ 8,199 $ — Financial liabilities: Deposits $ 831,736 $ 804,196 $ — $ — $ 804,196 Borrowings $ 131,092 $ 133,308 $ — $ — $ 133,308 June 30, 2019 Carrying Fair (In Thousands) Amount Value Level 1 Level 2 Level 3 Financial assets: Investment securities - held to maturity $ 94,090 $ 95,359 $ — $ 95,359 $ — Loans held for investment, not recorded at fair value $ 874,831 $ 861,374 $ — $ — $ 861,374 FHLB – San Francisco stock $ 8,199 $ 8,199 $ — $ 8,199 $ — Financial liabilities: Deposits $ 841,271 $ 813,087 $ — $ — $ 813,087 Borrowings $ 101,107 $ 102,826 $ — $ — $ 102,826

Reclassification Adjustment o_2

Reclassification Adjustment of Accumulated Other Comprehensive Income ("AOCI") (Tables)	3 Months Ended
	Sep. 30, 2019
Reclassification Adjustment of Accumulated Other Comprehensive Income ("AOCI")
Schedule of accumulated other comprehensive income	For the Quarter Ended September 30, 2019 Unrealized gains and losses on Investment securities Interest- (In Thousands) available for sale only strips Total Beginning balance at June 30, 2019 $ 150 $ 11 $ 161 Other comprehensive income (loss) before reclassifications (12) (1) (13) Amount reclassified from accumulated other comprehensive income — — — Net other comprehensive income (loss) (12) (1) (13) Ending balance at September 30, 2019 $ 138 $ 10 $ 148 For the Quarter Ended September 30, 2018 Unrealized gains and losses on Investment securities Interest- (In Thousands) available for sale only strips Total Beginning balance at June 30, 2018 $ 194 $ 16 $ 210 Other comprehensive income (loss) before reclassifications (22) 1 (21) Amount reclassified from accumulated other comprehensive income — — — Net other comprehensive income (loss) (22) 1 (21) Ending balance at September 30, 2018 $ 172 $ 17 $ 189

Revenue From Contracts With C_2

Revenue From Contracts With Customers (Tables)	3 Months Ended
	Sep. 30, 2019
Revenue From Contracts With Customers
Schedule of non-interest income disaggregated by type of service	For the Quarters Ended September 30, Type of Services 2019 2018 (In Thousands) Asset management fees $ 80 $ 82 Debit card and ATM fees 421 419 Deposit related fees 465 519 Loan related fees 6 12 BOLI (1) 47 46 Loan servicing fees (1) 133 324 Net gain (loss) on sale of loans (1) (86) 3,132 Other 4 15 Total non-interest income $ 1,070 $ 4,549 (1) Not in scope of ASC 606 .

Leases (Tables)

Leases (Tables)	3 Months Ended
	Sep. 30, 2019
Leases
Summary of supplemental information related to operating leases	(In Thousands) September 30, 2019 Condensed Consolidated Statements of Condition: Premises and equipment - Operating lease right of use assets $ 3,171 Accounts payable, accrued interest and other liabilities - Operating lease liabilities $ 3,382 Condensed Consolidated Statements of Operations: Premises and occupancy expenses from operating leases (1) $ 179 Equipment expenses from operating leases $ 11 Condensed Consolidated Statements of Cash Flows: Operating cash flows from operating leases, net (2) $ 284 (1) Variable lease costs are immaterial. (2) Revenue related to sublease activity is immaterial and netted against operating lease expenses.
Summary of remaining minimum contractual lease payments and other information associated with leases	Amount (1) Year Ending June 30, (In Thousands) 2020 $ 771 2021 753 2022 677 2023 478 2024 361 Thereafter 530 Total contract lease payments, net (2) $ 3,570 Total liability to make lease payments $ 3,382 Difference in undiscounted and discounted future lease payments $ 189 Weighted average discount rate 2.06 % Weighted average remaining lease term (years) 4.9 (1) Contractual base rents do not include property taxes and other operating expenses due under respective lease agreements. (2) Revenue related to sublease activity is immaterial and not presented herein.
Summary of impact of adoption of new lease accounting guidance	Adjustments due to new June 30, lease July 1, September (In Thousands) 2019 guidance 2019 30, 2019 Total assets $ 1,084,850 $ 3,399 $ 1,088,249 $ 1,105,296 Total liabilities $ 964,209 $ 3,704 $ 967,913 $ 983,127 Total equity $ 120,641 $ — $ 120,641 $ 122,169

Earnings Per Share - Summary of

Earnings Per Share - Summary of Earnings Per Share, Basic and Diluted (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Numerator:
Net income (loss) - numerator for basic earnings per share and diluted earnings per share - available to common stockholders	$ 2,562	$ 1,823
Denominator for basic earnings per share:
Weighted-average shares	7,482	7,431
Denominator for diluted earnings per share:
Adjusted weighted-average shares and assumed conversions	7,648	7,557
Basic earnings per share (in dollars per share)	$ 0.34	$ 0.25
Diluted earnings per share (in dollars per share)	$ 0.33	$ 0.24
Stock Options
Denominator for basic earnings per share:
Effect of dilutive shares	136	91
Restricted Stock
Denominator for basic earnings per share:
Effect of dilutive shares	30	35

Earnings Per Share - Additional

Earnings Per Share - Additional information (Details) - shares	3 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Stock Options
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Stock options, outstanding	560,250	514,000
Antidilutive securities excluded from computation of earnings per share	0	20,000
Restricted Stock
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Restricted stock, outstanding	225,500	13,500

Investment Securities - Schedul

Investment Securities - Schedule of amortized cost and estimated fair value of Held to maturity investments (Details) - USD ($) $ in Thousands	Sep. 30, 2019		Jun. 30, 2019
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	$ 85,088		$ 94,090
Gross Unrealized Gains	1,238		1,289
Gross Unrealized (Losses)	(54)		(20)
Estimated Fair Value	86,272		95,359
Carrying Value	85,088		94,090
U.S. government sponsored enterprise MBS
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	81,412	[1]	90,394
Gross Unrealized Gains	1,238	[1]	1,289
Gross Unrealized (Losses)	(41)	[1]	(14)
Estimated Fair Value	82,609	[1]	91,669
Carrying Value	81,412	[1]	90,394
U.S. SBA securities
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	2,876	[2]	2,896
Gross Unrealized Gains	0	[2]	0
Gross Unrealized (Losses)	(13)	[2]	(6)
Estimated Fair Value	2,863	[2]	2,890
Carrying Value	2,876	[2]	2,896
Certificate of deposits
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	800		800
Gross Unrealized Gains	0		0
Gross Unrealized (Losses)	0		0
Estimated Fair Value	800		800
Carrying Value	$ 800		$ 800
[1]	Mortgage-Backed Securities ("MBS").
[2]	Small Business Administration ("SBA").

Investment Securities - Sched_2

Investment Securities - Schedule of amortized cost and estimated fair value of Available for sale securities (Details) - USD ($) $ in Thousands	Sep. 30, 2019		Jun. 30, 2019
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	$ 5,321		$ 5,757
Gross Unrealized Gains	196		213
Gross Unrealized (Losses)	0		(1)
Estimated Fair Value	5,517		5,969
U.S. government agency MBS
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	3,303		3,498
Gross Unrealized Gains	110		116
Gross Unrealized (Losses)	0		(1)
Estimated Fair Value	3,413		3,613
U.S. government sponsored enterprise MBS
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	1,773		1,998
Gross Unrealized Gains	78		89
Gross Unrealized (Losses)	0		0
Estimated Fair Value	1,851		2,087
Private issue CMO
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	245	[1]	261
Gross Unrealized Gains	8	[1]	8
Gross Unrealized (Losses)	0	[1]	0
Estimated Fair Value	$ 253	[1]	$ 269
[1]	Collateralized Mortgage Obligations ("CMO").

Investment Securities - Total i

Investment Securities - Total investment securities for amortized cost and estimated fair value (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Jun. 30, 2019
Investment Securities
Amortized Cost	$ 90,409	$ 99,847
Gross Unrealized Gains	1,434	1,502
Gross Unrealized (Losses)	(54)	(21)
Estimated Fair Value	91,789	101,328
Carrying Value	$ 90,605	$ 100,059

Investment Securities - Investm

Investment Securities - Investments with Unrealized Loss Positions for Held to maturity (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Jun. 30, 2019
Schedule of Held-to-maturity Securities [Line Items]
Unrealized Holding Losses Less Than 12 Months, Fair Value	$ 7,312	$ 6,507
Unrealized Holding Losses Less Than 12 Months, Unrealized Losses	39	8
Unrealized Holding Losses 12 Months or More, Fair Value	4,333	4,540
Unrealized Holding Losses 12 Months or More, Unrealized Losses	15	12
Unrealized Holding Losses Total, Fair Value	11,645	11,047
Unrealized Holding Losses Total, Unrealized Losses	54	20
U.S. government sponsored enterprise MBS
Schedule of Held-to-maturity Securities [Line Items]
Unrealized Holding Losses Less Than 12 Months, Fair Value	7,312	6,507
Unrealized Holding Losses Less Than 12 Months, Unrealized Losses	39	8
Unrealized Holding Losses 12 Months or More, Fair Value	1,478	1,657
Unrealized Holding Losses 12 Months or More, Unrealized Losses	2	6
Unrealized Holding Losses Total, Fair Value	8,790	8,164
Unrealized Holding Losses Total, Unrealized Losses	41	14
U.S. SBA securities
Schedule of Held-to-maturity Securities [Line Items]
Unrealized Holding Losses Less Than 12 Months, Fair Value	0
Unrealized Holding Losses Less Than 12 Months, Unrealized Losses	0
Unrealized Holding Losses 12 Months or More, Fair Value	2,855	2,883
Unrealized Holding Losses 12 Months or More, Unrealized Losses	13	6
Unrealized Holding Losses Total, Fair Value	2,855	2,883
Unrealized Holding Losses Total, Unrealized Losses	$ 13	$ 6

Investment Securities - Inves_2

Investment Securities - Investments with Unrealized Loss Positions for Available for sale (Details) $ in Thousands	Jun. 30, 2019USD ($)
Schedule of Available-for-sale Securities [Line Items]
Unrealized Holding Losses, Less Than 12 Months, Fair Value	$ 289
Unrealized Holding Losses, Less Than 12 Months, Unrealized Losses	1
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	289
Unrealized Holding Losses, 12 Months or More, Fair Value	0
Unrealized Holding Losses, 12 Months or More, Unrealized Losses	0
Unrealized Holding Losses Total, Fair Value	289
Unrealized Holding Losses Total, Unrealized Losses	1
U.S. government sponsored enterprise MBS
Schedule of Available-for-sale Securities [Line Items]
Unrealized Holding Losses, Less Than 12 Months, Fair Value	289
Unrealized Holding Losses, Less Than 12 Months, Unrealized Losses	1
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	289
Unrealized Holding Losses, 12 Months or More, Fair Value	0
Unrealized Holding Losses, 12 Months or More, Unrealized Losses	0
Unrealized Holding Losses Total, Fair Value	289
Unrealized Holding Losses Total, Unrealized Losses	$ 1

Investment Securities - Inves_3

Investment Securities - Investments with Unrealized Loss Positions for total investment securities (Details) $ in Thousands	Jun. 30, 2019USD ($)
Investment Securities
Unrealized Holding Losses Less Than 12 Months, Fair Value	$ 6,796
Unrealized Holding Losses Less Than 12 Months, Unrealized Losses	9
Unrealized Holding Losses 12 Months or More, Fair Value	4,540
Unrealized Holding Losses 12 Months or More, Unrealized Losses	12
Unrealized Holding Losses Total, Fair Value	11,336
Unrealized Holding Losses Total, Unrealized Losses	$ 21

Investment Securities - Sched_3

Investment Securities - Schedule of Held to maturity Securities by Contractual Maturity (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Jun. 30, 2019
Held to maturity, Amortized Cost
Due in one year or less	$ 800	$ 400
Due after one through five years	28,616	32,584
Due after five through ten years	32,703	35,306
Due after ten years	22,969	25,800
Total investment securities - held to maturity, Amortized Cost	85,088	94,090
Held to maturity, Estimated Fair Value
Due in one year or less	800	400
Due after one through five years	28,734	32,728
Due after five through ten years	33,447	36,090
Due after ten years	23,291	26,141
Total investment securities - held to maturity, Estimated Fair Value	$ 86,272	$ 95,359

Investment Securities_ Schedule

Investment Securities: Schedule of Available for Sale Securities by Contractual Maturity (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Jun. 30, 2019
Available for sale, Amortized Cost
Due in one year or less	$ 0	$ 0
Due after one through five years	0	0
Due after five through ten years	0	0
Due after ten years	5,321	5,757
Total investment securities - available for sale, Amortized Cost	5,321	5,757
Available for sale, Estimated Fair Value
Due in one year or less	0	0
Due after one through five years	0	0
Due after five through ten years	0	0
Due after ten years	5,517	5,969
Total investment securities - available for sale, Estimated Fair Value	$ 5,517	$ 5,969

Investment Securities - Additio

Investment Securities - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Jun. 30, 2019
Debt Securities, Available-for-sale [Line Items]
Principal payments from investment securities available for sale	$ 9,300	$ 8,300
Investments with an unrealized loss position	54		$ 20
Unrealized holding losses, 12 months or more	15		12
U.S. government sponsored enterprise MBS
Debt Securities, Available-for-sale [Line Items]
Investments with an unrealized loss position	41		14
Unrealized holding losses, 12 months or more	2		6
U.S. SBA securities
Debt Securities, Available-for-sale [Line Items]
Investments with an unrealized loss position	13		6
Unrealized holding losses, 12 months or more	$ 13		$ 6

Loans Held For Investment_ Sche

Loans Held For Investment: Schedule of Loans Held for Investment (Details) - USD ($)	Sep. 30, 2019	Jun. 30, 2019	Sep. 30, 2018	Jun. 30, 2018
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans held for investment, gross	$ 925,005,000	$ 881,338,000
Advance payments of escrows	34,000	53,000
Deferred loan costs, net	6,204,000	5,610,000
Allowance for loan losses	(6,929,000)	(7,076,000)	$ (7,155,000)	$ (7,385,000)
Total loans held for investment, net	924,314,000	879,925,000
Mortgage loans, Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans held for investment, gross	110,652,000
Allowance for loan losses	(1,085,000)	(1,050,000)	(1,012,000)	(1,030,000)
Mortgage Loans Other [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses		(3,000)	(3,000)	(3,000)
Construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans held for investment, gross	5,912,000
Allowance for loan losses	(74,000)	(61,000)	$ (38,000)	$ (47,000)
Mortgage loans, Single-family
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans held for investment, gross	328,332,000	324,952,000
Construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans held for investment, gross	5,912,000	4,638,000
Undisbursed loan funds	6,200,000	6,600,000
Commercial business loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans held for investment, gross	368,000	478,000
Undisbursed loan funds	1,100,000	1,000
Consumer loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans held for investment, gross	144,000	134,000
Undisbursed loan funds	$ 500,000	500,000
Mortgage Loans Other [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans held for investment, gross		$ 167,000

Loans Held For Investment - Sch

Loans Held For Investment - Schedule of Loans Held for Investment Contractually Repricing (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Jun. 30, 2019
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Fixed Rate	$ 12,949
Total loans held for investment, gross	925,005	$ 881,338
Consumer loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans held for investment, gross	144
Mortgage Loans Multi Family [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Fixed Rate	180
Total loans held for investment, gross	479,597	439,041
Construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Fixed Rate	827
Total loans held for investment, gross	5,912	4,638
Commercial business loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Fixed Rate	348
Total loans held for investment, gross	368	478
Consumer loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Fixed Rate	0
Total loans held for investment, gross	144	134
Mortgage loans, Single-family
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Fixed Rate	11,171
Total loans held for investment, gross	328,332	324,952
Mortgage loans, Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Fixed Rate	423
Total loans held for investment, gross	110,652	111,928
Mortgage Loans Other [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans held for investment, gross		$ 167
Within One Year [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	266,438
Within One Year [Member] | Mortgage Loans Multi Family [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	125,583
Within One Year [Member] | Construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	5,085
Within One Year [Member] | Commercial business loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	20
Within One Year [Member] | Consumer loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	144
Within One Year [Member] | Mortgage loans, Single-family
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	91,793
Within One Year [Member] | Mortgage loans, Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	43,813
After One Year Through 3Years [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	251,855
After One Year Through 3Years [Member] | Mortgage Loans Multi Family [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	179,261
After One Year Through 3Years [Member] | Construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	0
After One Year Through 3Years [Member] | Commercial business loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	0
After One Year Through 3Years [Member] | Consumer loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	0
After One Year Through 3Years [Member] | Mortgage loans, Single-family
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	41,361
After One Year Through 3Years [Member] | Mortgage loans, Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	31,233
After 3 Years Through 5 Years [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	311,747
After 3 Years Through 5 Years [Member] | Mortgage Loans Multi Family [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	157,529
After 3 Years Through 5 Years [Member] | Construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	0
After 3 Years Through 5 Years [Member] | Commercial business loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	0
After 3 Years Through 5 Years [Member] | Consumer loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	0
After 3 Years Through 5 Years [Member] | Mortgage loans, Single-family
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	119,810
After 3 Years Through 5 Years [Member] | Mortgage loans, Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	34,408
After 5 Years Through 10 Years [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	82,016
After 5 Years Through 10 Years [Member] | Mortgage Loans Multi Family [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	17,044
After 5 Years Through 10 Years [Member] | Construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	0
After 5 Years Through 10 Years [Member] | Commercial business loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	0
After 5 Years Through 10 Years [Member] | Consumer loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	0
After 5 Years Through 10 Years [Member] | Mortgage loans, Single-family
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	64,197
After 5 Years Through 10 Years [Member] | Mortgage loans, Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	$ 775

Loans Held For Investment Loans

Loans Held For Investment Loans Held For Investment: Schedule of Gross Loans Held for Investment by Loan Types and Risk Category (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Jun. 30, 2019
Loans and Leases Receivable, Gross	$ 925,005	$ 881,338
Consumer loans
Loans and Leases Receivable, Gross	144
Mortgage Loans Multi Family [Member]
Loans and Leases Receivable, Gross	479,597
Mortgage loans, Single-family
Loans and Leases Receivable, Gross	328,332	324,952
Mortgage loans, Commercial real estate
Loans and Leases Receivable, Gross	110,652	111,928
Construction
Loans and Leases Receivable, Gross	5,912	4,638
Mortgage Loans Other [Member]
Loans and Leases Receivable, Gross		167
Commercial business loans
Loans and Leases Receivable, Gross	368	478
Mortgage Loans Multi Family [Member]
Loans and Leases Receivable, Gross	479,597	439,041
Consumer loans
Loans and Leases Receivable, Gross	144	134
Pass
Loans and Leases Receivable, Gross	911,828	864,611
Pass | Mortgage loans, Single-family
Loans and Leases Receivable, Gross	321,107	314,036
Pass | Mortgage loans, Commercial real estate
Loans and Leases Receivable, Gross	109,726	111,001
Pass | Construction
Loans and Leases Receivable, Gross	4,773	3,667
Pass | Mortgage Loans Other [Member]
Loans and Leases Receivable, Gross		167
Pass | Commercial business loans
Loans and Leases Receivable, Gross	323	429
Pass | Mortgage Loans Multi Family [Member]
Loans and Leases Receivable, Gross	475,755	435,177
Pass | Consumer loans
Loans and Leases Receivable, Gross	144	134
Special Mention
Loans and Leases Receivable, Gross	6,881	8,586
Special Mention | Mortgage loans, Single-family
Loans and Leases Receivable, Gross	3,039	3,795
Special Mention | Mortgage loans, Commercial real estate
Loans and Leases Receivable, Gross		927
Special Mention | Mortgage Loans Multi Family [Member]
Loans and Leases Receivable, Gross	3,842	3,864
Substandard
Loans and Leases Receivable, Gross	6,296	8,141
Substandard | Mortgage loans, Single-family
Loans and Leases Receivable, Gross	4,186	7,121
Substandard | Mortgage loans, Commercial real estate
Loans and Leases Receivable, Gross	926
Substandard | Construction
Loans and Leases Receivable, Gross	1,139	971
Substandard | Commercial business loans
Loans and Leases Receivable, Gross	$ 45	$ 49

Loans Held For Investment Loa_2

Loans Held For Investment Loans Held For Investment: Schedule of Allowance For Loan Losses and Recorded Investment in Gross Loans, by Portfolio Type (Details) - USD ($)	3 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses on Loans held for investment (in dollars)	$ 6,929,000	$ 7,155,000	$ 7,076,000	$ 7,385,000
Provision (recovery)	(181,000)	(237,000)
Total recoveries	36,000	33,000
Total charge-offs	(2,000)	(26,000)
Allowance for Loan and Lease Losses Write-offs, Net	34,000	7,000
Total individually evaluated allowance	54,000	129,000
Total collectively evaluated allowance	6,875,000	7,026,000
Individually evaluated for impairment	4,950,000	7,183,000
Collectively evaluated for impairment	920,055,000	871,677,000
Total Loans Held for Investment, Gross	$ 925,005,000	$ 878,860,000	881,338,000
Allowance for loan losses as a percentage of gross loans held for investment at the end of the period	0.74%	0.81%
Net charge-offs (recoveries) as a percentage of average loans receivable, net, during the period (annualized)	(0.02%)	0.00%
Mortgage loans, Single-family
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses on Loans held for investment (in dollars)	$ 2,234,000	$ 2,741,000	2,709,000	2,783,000
Provision (recovery)	(510,000)	(49,000)
Total recoveries	36,000	32,000
Total charge-offs	(1,000)	(25,000)
Allowance for Loan and Lease Losses Write-offs, Net		2,741,000
Total individually evaluated allowance	47,000	124,000
Total collectively evaluated allowance	2,187,000	2,617,000
Individually evaluated for impairment	3,766,000	6,370,000
Collectively evaluated for impairment	324,566,000	301,110,000
Total Loans Held for Investment, Gross	$ 328,332,000	$ 307,480,000	324,952,000
Allowance for loan losses as a percentage of gross loans held for investment at the end of the period	0.68%	0.89%
Mortgage loans, Commercial real estate
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses on Loans held for investment (in dollars)	$ 1,085,000	$ 1,012,000	1,050,000	1,030,000
Provision (recovery)	35,000	(18,000)
Total recoveries	0	0
Total charge-offs	0	0
Allowance for Loan and Lease Losses Write-offs, Net		1,012,000
Total individually evaluated allowance	0	0
Total collectively evaluated allowance	1,085,000	1,012,000
Individually evaluated for impairment	0	0
Collectively evaluated for impairment	110,652,000	112,026,000
Total Loans Held for Investment, Gross	$ 110,652,000	$ 112,026,000	111,928,000
Allowance for loan losses as a percentage of gross loans held for investment at the end of the period	0.98%	0.90%
Construction
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses on Loans held for investment (in dollars)	$ 74,000	$ 38,000	61,000	47,000
Provision (recovery)	13,000	(9,000)
Total recoveries	0	0
Total charge-offs	0	0
Allowance for Loan and Lease Losses Write-offs, Net		38,000
Total individually evaluated allowance	0	0
Total collectively evaluated allowance	74,000	38,000
Individually evaluated for impairment	1,139,000	745,000
Collectively evaluated for impairment	4,773,000	3,101,000
Total Loans Held for Investment, Gross	$ 5,912,000	$ 3,846,000	4,638,000
Allowance for loan losses as a percentage of gross loans held for investment at the end of the period	1.25%	0.99%
Commercial business loans
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses on Loans held for investment (in dollars)	$ 20,000	$ 19,000	26,000	24,000
Provision (recovery)	(6,000)	(5,000)
Total recoveries	0	0
Total charge-offs	0	0
Allowance for Loan and Lease Losses Write-offs, Net		19,000
Total individually evaluated allowance	7,000	5,000
Total collectively evaluated allowance	13,000	14,000
Individually evaluated for impairment	45,000	68,000
Collectively evaluated for impairment	323,000	348,000
Total Loans Held for Investment, Gross	$ 368,000	$ 416,000	478,000
Allowance for loan losses as a percentage of gross loans held for investment at the end of the period	5.43%	4.57%
Consumer loans
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses on Loans held for investment (in dollars)	$ 9,000	$ 6,000	8,000	6,000
Provision (recovery)	2,000
Total recoveries	0	1,000
Total charge-offs	(1,000)	(1,000)
Allowance for Loan and Lease Losses Write-offs, Net		6,000
Total individually evaluated allowance	0	0
Total collectively evaluated allowance	9,000	6,000
Individually evaluated for impairment	0	0
Collectively evaluated for impairment	144,000	104,000
Total Loans Held for Investment, Gross	$ 144,000	$ 104,000	134,000
Allowance for loan losses as a percentage of gross loans held for investment at the end of the period	6.25%	5.77%
Mortgage Loans Multi Family [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses on Loans held for investment (in dollars)	$ 3,507,000	$ 3,336,000	3,219,000	3,492,000
Provision (recovery)	288,000	(156,000)
Total recoveries	0	0
Total charge-offs	0	0
Allowance for Loan and Lease Losses Write-offs, Net		3,336,000
Total individually evaluated allowance	0	0
Total collectively evaluated allowance	3,507,000	3,336,000
Individually evaluated for impairment	0	0
Collectively evaluated for impairment	479,597,000	454,821,000
Total Loans Held for Investment, Gross	$ 479,597,000	$ 454,821,000	439,041,000
Allowance for loan losses as a percentage of gross loans held for investment at the end of the period	0.73%	0.73%
Mortgage Loans Other [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses on Loans held for investment (in dollars)		$ 3,000	3,000	$ 3,000
Provision (recovery)	$ (3,000)
Total recoveries	0	0
Total charge-offs	0	0
Allowance for Loan and Lease Losses Write-offs, Net		3,000
Total individually evaluated allowance	0	0
Total collectively evaluated allowance		3,000
Individually evaluated for impairment	$ 0	0
Collectively evaluated for impairment		167,000
Total Loans Held for Investment, Gross		$ 167,000	$ 167,000
Allowance for loan losses as a percentage of gross loans held for investment at the end of the period		1.80%

Loans Held For Investment Loa_3

Loans Held For Investment Loans Held For Investment: Schedule of Past Due Status of Loans Held for Investment, Gross (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Sep. 30, 2019	Jun. 30, 2019	Sep. 30, 2018
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans deemed uncollectible, period of delinquency	90 days	90 days
Loans Held For Investment, Gross, Current	$ 918,645	$ 874,032
30-89 Days Past Due	990	665
Non-Accrual	5,370	6,641
Total Loans Held for Investment, Gross	925,005	881,338	$ 878,860
Mortgage loans, Single-family
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans Held For Investment, Gross, Current	323,159	318,671
30-89 Days Past Due	987	660
Non-Accrual	4,186	5,621
Total Loans Held for Investment, Gross	328,332	324,952	307,480
Mortgage loans, Commercial real estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans Held For Investment, Gross, Current	110,652	111,928
30-89 Days Past Due	0	0
Non-Accrual	0	0
Total Loans Held for Investment, Gross	110,652	111,928	112,026
Construction
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans Held For Investment, Gross, Current	4,773	3,667
30-89 Days Past Due	0	0
Non-Accrual	1,139	971
Total Loans Held for Investment, Gross	5,912	4,638	3,846
Commercial business loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans Held For Investment, Gross, Current	323	429
30-89 Days Past Due	0	0
Non-Accrual	45	49
Total Loans Held for Investment, Gross	368	478	416
Consumer loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans Held For Investment, Gross, Current	141	129
30-89 Days Past Due	3	5
Non-Accrual	0	0
Total Loans Held for Investment, Gross	144	134	104
Mortgage Loans Multi Family [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans Held For Investment, Gross, Current	479,597	439,041
30-89 Days Past Due	0	0
Non-Accrual	0	0
Total Loans Held for Investment, Gross	$ 479,597	439,041	454,821
Bankruptcy [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans deemed uncollectible, period of delinquency	60 days
Mortgage Loans Other [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans Held For Investment, Gross, Current		167
30-89 Days Past Due		0
Non-Accrual		0
Total Loans Held for Investment, Gross		$ 167	$ 167
Troubled Debt Restructurings [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans deemed uncollectible, period of delinquency	90 days
Commercial Real Estate Or Second Mortgage [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans deemed uncollectible, period of delinquency	120 days

Loans Held For Investment Loa_4

Loans Held For Investment Loans Held For Investment: Schedule of Total Recorded Investment in Non-Performing Loans by Type (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Jun. 30, 2019
Financing Receivable, Allowance for Credit Losses [Line Items]
Related Allowance	$ (140)	$ (442)
Recorded Investment, with No Related Allowance, Net		6,218
Unpaid Principal Balance	5,872	7,178
Related Charge-Offs	502	518
Recorded Investment	5,370	6,660
Recorded Investment, Net of Allowance	5,230
Commercial business loans
Financing Receivable, Allowance for Credit Losses [Line Items]
With a related allowance Unpaid Principal Balance	45	49
With Related Allowance, Related Charge-Offs	0	0
With Related Allowance, Recorded Investment	45	49
Related Allowance	(7)	(8)
Recorded Investment, with Related Allowance, Net	38
Recorded Investment, with No Related Allowance, Net		41
Unpaid Principal Balance	45	49
Related Charge-Offs	0	0
Recorded Investment	45	49
Recorded Investment, Net of Allowance	38	41
Mortgage loans, Single-family
Financing Receivable, Allowance for Credit Losses [Line Items]
With a related allowance Unpaid Principal Balance	1,112	2,640
With Related Allowance, Related Charge-Offs	0	0
With Related Allowance, Recorded Investment	1,112	2,640
Related Allowance	(133)	(434)
Recorded Investment, with Related Allowance, Net	979	2,206
Without a related allowance, Unpaid Principal Balance	3,576	3,518
With No Related Allowance, Related Charge-Offs	502	518
With No Related Allowance, Recorded Investment	3,074	3,000
Recorded Investment, with No Related Allowance, Net	3,074	3,000
Unpaid Principal Balance	4,688	6,158
Related Charge-Offs	502	518
Recorded Investment	4,186	5,640
Recorded Investment, Net of Allowance	4,053	5,206
Construction
Financing Receivable, Allowance for Credit Losses [Line Items]
Related Allowance	0
Without a related allowance, Unpaid Principal Balance	1,139
With No Related Allowance, Related Charge-Offs	0
With No Related Allowance, Recorded Investment	1,139
Recorded Investment, with No Related Allowance, Net	1,139
Unpaid Principal Balance	1,139	971
Related Charge-Offs	0
Recorded Investment	1,139	971
Recorded Investment, Net of Allowance	$ 1,139	$ 971

Loans Held For Investment_ Sc_2

Loans Held For Investment: Schedule of Recorded Investment in Non-Performing Loans (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Jun. 30, 2019
Impaired Financing Receivable, with Related Allowance, Interest Income, Accrual Method	$ 13	$ 25
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	1,244	2,139
Recorded Investment	5,370		$ 6,660
Related Allowance	(140)		$ (442)
Non-performing loans, Net Investment	5,230
Without related allowances, Interest Income Recognized	116	40
Without related allowances, Average Recorded Investment	4,170	4,847
Impaired Financing Receivable, Interest Income, Accrual Method	129	65
Impaired Financing Receivable, Average Recorded Investment	5,414	6,986
Mortgage loans, Single-family
Impaired Financing Receivable, with Related Allowance, Interest Income, Accrual Method	12	24
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	1,198	2,071
Without related allowances, Interest Income Recognized	116	40
Without related allowances, Average Recorded Investment	3,086	4,599
Commercial business loans
Impaired Financing Receivable, with Related Allowance, Interest Income, Accrual Method	1	1
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	46	68
Construction
Without related allowances, Interest Income Recognized	0	0
Without related allowances, Average Recorded Investment	$ 1,084	$ 248

Loans Held For Investment_ Sc_3

Loans Held For Investment: Schedule of restructured loan balances, net of allowance for loan losses, by loan type and by Nonaccrual Versus Accrual Status (Details) $ in Thousands	3 Months Ended	12 Months Ended
	Sep. 30, 2019USD ($)loan	Jun. 30, 2019USD ($)loan
Financing Receivable, Modifications [Line Items]
Number of modified loans | loan	6	8
Restructured loans on non-accrual status	$ 1,354	$ 1,932
Restructured loans on accrual status	431	1,861
Restructured loans	1,785	3,793
Mortgage loans, Single-family
Financing Receivable, Modifications [Line Items]
Restructured loans on non-accrual status	1,316	1,891
Restructured loans on accrual status	431	1,861
Commercial business loans
Financing Receivable, Modifications [Line Items]
Restructured loans on non-accrual status	38	41
Current
Financing Receivable, Modifications [Line Items]
Restructured loans	$ 1,400	$ 2,400

Loans Held For Investment_ Sc_4

Loans Held For Investment: Schedule of Restructured Loans by Type, Net of Individually Evaluated Allowances (Details) $ in Thousands	3 Months Ended	12 Months Ended
	Sep. 30, 2019USD ($)loan	Jun. 30, 2019USD ($)loan
Financing Receivable, Impaired [Line Items]
Number of modified loans | loan	6	8
Restructured loans, Allowance for Loan Losses	$ (140)	$ (442)
Restructured Loans, Allowance for Loan Losses	(54)	(130)
Restructured Loans, Unpaid Principal Balance	2,204	4,288
Restructured Loans, Related Charge-offs	365	365
Restructured loans, Recorded Investment	5,370	6,660
Restructured Loans, Recorded Investment	1,839	3,923
Restructured loans, net investment	5,230
Restructured loans, net investment	(1,785)	3,793
Restructured loans on non-accrual status	1,354	1,932
Mortgage loans, Single-family
Financing Receivable, Impaired [Line Items]
Restructured Loans, With Related Allowance, Unpaid Principal Balance	693	2,199
Restructured Loans, With Related Allowance, Related Charge-offs	0	0
Restructured loans, With a related allowance, Recorded Investment	1,112	2,640
Restructured Loans, With a Related Allowance, Recorded Investment	693	2,199
Restructured loans, Allowance for Loan Losses	(133)	(434)
Restructured Loans, Allowance for Loan Losses	(47)	(122)
Restructured loans, With a related allowance, Net Investment	979	2,206
Restructured loans, with a related allowance, net investment	646	2,077
Restructured Loans, Without a Related Allowance, Unpaid Principal Balance	1,466	2,040
Restructured Loans, Without a Related Allowance, Related Charge-offs	365	365
Restructured loans, Without a related allowance, Recorded Investment	3,074	3,000
Restructured Loans, Without a Related Allowance, Recorded Investment	1,101	1,675
Restructured Loans, Without a Related Allowance, Net Investment	1,101	1,675
Restructured Loans, Unpaid Principal Balance	2,159	4,239
Restructured Loans, Related Charge-offs	365	365
Restructured loans, Recorded Investment	4,186	5,640
Restructured Loans, Recorded Investment	1,794	3,874
Restructured loans, net investment	4,053	5,206
Restructured loans, net investment	1,747	3,752
Restructured loans on non-accrual status	1,316	1,891
Commercial business loans
Financing Receivable, Impaired [Line Items]
Restructured Loans, With Related Allowance, Unpaid Principal Balance	45	49
Restructured Loans, With Related Allowance, Related Charge-offs	0	0
Restructured loans, With a related allowance, Recorded Investment	45	49
Restructured Loans, With a Related Allowance, Recorded Investment	45	49
Restructured loans, Allowance for Loan Losses	(7)	(8)
Restructured Loans, Allowance for Loan Losses	(7)	(8)
Restructured loans, With a related allowance, Net Investment	38
Restructured Loans, Unpaid Principal Balance	45	49
Restructured Loans, Related Charge-offs	0	0
Restructured loans, Recorded Investment	45	49
Restructured Loans, Recorded Investment	45	49
Restructured loans, net investment	38	41
Restructured loans, net investment	38	41
Restructured loans on non-accrual status	38	41
Construction
Financing Receivable, Impaired [Line Items]
Restructured loans, Allowance for Loan Losses	0
Restructured loans, Without a related allowance, Recorded Investment	1,139
Restructured loans, Recorded Investment	1,139	971
Restructured loans, net investment	$ 1,139	$ 971
Substandard
Financing Receivable, Impaired [Line Items]
Number of modified loans | loan	2	6

Loans Held For Investment_ Narr

Loans Held For Investment: Narrative (Details)	3 Months Ended		12 Months Ended
	Sep. 30, 2019USD ($)propertyloan	Sep. 30, 2018USD ($)	Jun. 30, 2019USD ($)loan
Fixed-rate loans as a percentage of total loans held for investment	1.00%		2.00%
Loans deemed uncollectible, period of delinquency	90 days		90 days
Loans held for investment	$ 925,005,000		$ 881,338,000
Loans and Leases Receivable, Impaired, Commitment to Lend	862,000		$ 1,000,000
Interest income, non-performing loans, cash basis	153,000	$ 121,000
Interest lost on non-performing Loans	$ 24,000	56,000
Number of modified loans | loan	6		8
Loans receivable, restructured loans, nonaccrual status	$ 431,000		$ 1,861,000
Restructured loans on non-accrual status	$ 1,354,000		1,932,000
Number of Properties Acquired in Settlement of Loans | property	0
Number of Previously Foreclosed Properties Sold | property	0
First Trust Deed Loans
Loans deemed uncollectible, period of delinquency	150 days
Mortgage loans, Commercial real estate
Loans held for investment	$ 110,652,000
Mortgage loans, Single-family
Loans held for investment	328,332,000
Loans receivable, restructured loans, nonaccrual status	431,000		1,861,000
Restructured loans on non-accrual status	1,316,000		1,891,000
Commercial business loans
Loans held for investment	368,000
Restructured loans on non-accrual status	$ 38,000		41,000
Bankruptcy [Member]
Loans deemed uncollectible, period of delinquency	60 days
Troubled Debt Restructurings [Member]
Loans deemed uncollectible, period of delinquency	90 days
Loans held for investment			3,800,000
Commercial Real Estate Or Second Mortgage [Member]
Loans deemed uncollectible, period of delinquency	120 days
Restructured loans on accrual status
Loans held for investment	$ 1,800,000
Maximum
Segregated restructured loans, period of delinquency	90 days
Maximum | Bankruptcy [Member]
Allowance for loan losses, pooling method, period of delinquency	60 days
Substandard
Loans held for investment	$ 6,296,000		$ 8,141,000
Number of modified loans | loan	2		6
Substandard | Restructured loans on accrual status
Number of modified loans | loan	5		1
Loans receivable, restructured loans, nonaccrual status	$ 431,000		$ 1,400,000
Restructured loans on non-accrual status	1,400,000		1,900,000
Pass
Loans held for investment	$ 911,828,000		864,611,000
Number of modified loans | loan	1
Special Mention
Loans held for investment	$ 6,881,000		8,586,000
Loans receivable, restructured loans, nonaccrual status			$ (437,000,000)
Special Mention | Restructured loans on accrual status
Number of modified loans | loan	1		1
Current
Percent of total restructured loans on current status	77.00%		63.00%
Interest income
Interest income, non-performing loans, cash basis	$ 129,000	$ 65,000

Derivative and Other Financia_3

Derivative and Other Financial Instruments with Off-Balance Sheet Risks - Schedule of Undisbursed Funds Commitments (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Jun. 30, 2019
Derivative [Line Items]
Total	$ 14,857	$ 12,328
Undisbursed Lines of Credit - Construction Loans [Member]
Derivative [Line Items]
Total	6,213	6,592
Undisbursed Lines Of Credit Commercial Business Loans [Member]
Derivative [Line Items]
Total	1,065	1,003
Undisbursed Lines of Credit - Consumer Loans [Member]
Derivative [Line Items]
Total	470	479
Commitments to extend credit on loans to be held for investment
Derivative [Line Items]
Total	$ 7,109	$ 4,254

Derivative and Other Financia_4

Derivative and Other Financial Instruments with Off-Balance Sheet Risks - Schedule of Allowance for Loan Losses of Undisbursed Funds and Commitments on Loans Held for Investment (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of the period	$ 7,076	$ 7,385
Recovery	(181)	(237)
Balance, end of the period	6,929	7,155
Commitments to extend credit on loans to be held for sale
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of the period	141	157
Recovery	2	(8)
Balance, end of the period	$ 143	$ 149

Derivative and Other Financia_5

Derivative and Other Financial Instruments with Off-Balance Sheet Risks - Schedule of Impact of Derivative Financial Instruments on Gain on Sale of Loans (Details) $ in Thousands	3 Months Ended
	Sep. 30, 2018USD ($)
Derivative [Line Items]
Total net gain (loss)	$ 350
Commitments to extend credit on loans to be held for sale
Derivative [Line Items]
Total net gain (loss)	(329)
Mandatory Loan Sale Commitments And Tba Mortgage Backed Securities Trades [Member]
Derivative [Line Items]
Total net gain (loss)	$ 679

Derivative and Other Financia_6

Derivative and Other Financial Instruments with Off-Balance Sheet Risks - Summary of the recourse liability (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Summary Of Recourse Liability [Roll Forward]
Balance, beginning of the period	$ 250	$ 283
Recovery from recourse liability	0	(33)
Net settlements in lieu of loan repurchases	0	0
Balance, end of the period	$ 250	$ 250

Derivative and Other Financia_7

Derivative and Other Financial Instruments with Off-Balance Sheet Risks - Additional Information (Details)	3 Months Ended
	Sep. 30, 2019USD ($)loan	Sep. 30, 2018USD ($)loan	Jun. 30, 2019USD ($)	Jun. 30, 2018USD ($)
Derivative [Line Items]
Commitments to extend credit	$ 8,800,000		$ 9,700,000
Outstanding derivative financial instruments	$ 0		0
Number Of Loans Repurchased | loan	1	3
Debt Instrument Repurchased During Period	$ 566,000	$ 253,000
Recourse Liability	250,000	$ 250,000	250,000	$ 283,000
Other Investors
Derivative [Line Items]
Recourse Liability	200,000,000		200,000,000
FHLB - San Francisco [Member]
Derivative [Line Items]
Recourse Liability	$ 50,000,000		$ 50,000,000

Fair Value of Financial Instr_3

Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Jun. 30, 2019
Fair Value of Financial Instruments
Loans held for investment, Aggregate Fair Value	$ 4,386	$ 5,094
Loans held for investment, Aggregate Unpaid Principal Balance	4,529	5,218
Loans held for investment, Net Unrealized (Loss) Gain	$ (143)	$ (124)

Fair Value of Financial Instr_4

Fair Value of Financial Instruments - Corporation's assets measured at fair value on a recurring basis (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Jun. 30, 2019
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans held for investment, at fair value	$ 4,386	$ 5,094
Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities - available for sale	5,517	5,969
Loans held for investment, at fair value	4,386	5,094
Interest-only strips	14	16
Total assets	9,917	11,079
Recurring | U.S. government agency MBS
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities - available for sale	3,413	3,613
Recurring | U.S. government sponsored enterprise MBS
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities - available for sale	1,851	2,087
Recurring | Private issue CMO
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities - available for sale	253	269
Recurring | Fair Value, Inputs, Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities - available for sale	0	0
Loans held for investment, at fair value	0	0
Interest-only strips	0	0
Total assets	0	0
Total liabilities	0	0
Recurring | Fair Value, Inputs, Level 1 | U.S. government agency MBS
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities - available for sale	0	0
Recurring | Fair Value, Inputs, Level 1 | U.S. government sponsored enterprise MBS
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities - available for sale	0	0
Recurring | Fair Value, Inputs, Level 1 | Private issue CMO
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities - available for sale	0	0
Recurring | Fair Value, Inputs, Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities - available for sale	5,264	5,700
Loans held for investment, at fair value	0	0
Interest-only strips	0	0
Total assets	5,264	5,700
Total liabilities	0	0
Recurring | Fair Value, Inputs, Level 2 | U.S. government agency MBS
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities - available for sale	3,413	3,613
Recurring | Fair Value, Inputs, Level 2 | U.S. government sponsored enterprise MBS
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities - available for sale	1,851	2,087
Recurring | Fair Value, Inputs, Level 2 | Private issue CMO
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities - available for sale	0	0
Recurring | Fair Value, Inputs, Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities - available for sale	253	269
Loans held for investment, at fair value	4,386	5,094
Interest-only strips	14	16
Total assets	4,653	5,379
Total liabilities	0	0
Recurring | Fair Value, Inputs, Level 3 | U.S. government agency MBS
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities - available for sale	0	0
Recurring | Fair Value, Inputs, Level 3 | U.S. government sponsored enterprise MBS
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities - available for sale	0	0
Recurring | Fair Value, Inputs, Level 3 | Private issue CMO
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities - available for sale	$ 253	$ 269

Fair Value of Financial Instr_5

Fair Value of Financial Instruments: Schedule of Reconciliation of Beginning and Ending Balances of Recurring Fair Value Measurements Using Level 3 Inputs (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance		$ 6,400
Total gains or losses (realized/unrealized) Included in earnings		(356)
Total gains or losses (realized/unrealized) Included in other comprehensive loss		1
Purchases		0
Issuances		0
Settlements		(743)
Transfers in and/or out of Level 3		470
Ending balance		5,772
Fair Value, Inputs, Level 3
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	$ 5,379
Total gains or losses (realized/unrealized) Included in earnings	(18)
Total gains or losses (realized/unrealized) Included in other comprehensive loss	(2)
Purchases	0
Issuances	0
Settlements	(706)
Transfers in and/or out of Level 3	0
Ending balance	4,653
Private issue CMO
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance		350
Total gains or losses (realized/unrealized) Included in earnings		0
Total gains or losses (realized/unrealized) Included in other comprehensive loss		0
Purchases		0
Issuances		0
Settlements		(34)
Transfers in and/or out of Level 3		0
Ending balance		316
Private issue CMO | Fair Value, Inputs, Level 3
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	269
Total gains or losses (realized/unrealized) Included in earnings	0
Total gains or losses (realized/unrealized) Included in other comprehensive loss	0
Purchases	0
Issuances	0
Settlements	(16)
Transfers in and/or out of Level 3	0
Ending balance	253
Loans Held For Investment, at Fair Value [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance		5,234
Total gains or losses (realized/unrealized) Included in earnings		(49)
Total gains or losses (realized/unrealized) Included in other comprehensive loss		0
Purchases		0
Issuances		0
Settlements		(710)
Transfers in and/or out of Level 3		470
Ending balance		4,945
Loans Held For Investment, at Fair Value [Member] | Fair Value, Inputs, Level 3
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	5,094
Total gains or losses (realized/unrealized) Included in earnings	(18)
Total gains or losses (realized/unrealized) Included in other comprehensive loss	0
Purchases	0
Issuances	0
Settlements	(690)
Transfers in and/or out of Level 3	0
Ending balance	4,386
Interest-Only Strips
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance		23
Total gains or losses (realized/unrealized) Included in earnings		0
Total gains or losses (realized/unrealized) Included in other comprehensive loss		1
Purchases		0
Issuances		0
Settlements		0
Transfers in and/or out of Level 3		0
Ending balance		24
Interest-Only Strips | Fair Value, Inputs, Level 3
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	16
Total gains or losses (realized/unrealized) Included in earnings	0
Total gains or losses (realized/unrealized) Included in other comprehensive loss	(2)
Purchases	0
Issuances	0
Settlements	0
Transfers in and/or out of Level 3	0
Ending balance	$ 14
Commitments to extend credit on loans to be held for sale
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance		825
Total gains or losses (realized/unrealized) Included in earnings		(329)
Total gains or losses (realized/unrealized) Included in other comprehensive loss		0
Purchases		0
Issuances		0
Settlements		0
Transfers in and/or out of Level 3		0
Ending balance		496
Mandatory loan sale commitments
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance		(32)
Total gains or losses (realized/unrealized) Included in earnings		22
Total gains or losses (realized/unrealized) Included in other comprehensive loss		0
Purchases		0
Issuances		0
Settlements		1
Transfers in and/or out of Level 3		0
Ending balance		$ (9)

Fair Value of Financial Instr_6

Fair Value of Financial Instruments - Corporation's assets measured at fair value at the dates indicated on a nonrecurring basis (Details) - Nonrecurring - USD ($) $ in Thousands	Sep. 30, 2019	Jun. 30, 2019
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Non-performing loans	$ 5,230	$ 6,218
Mortgage servicing assets	502	627
Real estate owned, net	0	0
Total	5,732	6,845
Fair Value, Inputs, Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Non-performing loans	0	0
Mortgage servicing assets	0	0
Real estate owned, net	0	0
Total	0	0
Fair Value, Inputs, Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Non-performing loans	4,212	3,971
Mortgage servicing assets	0	0
Real estate owned, net	0	0
Total	4,212	3,971
Fair Value, Inputs, Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Non-performing loans	1,018	2,247
Mortgage servicing assets	502	627
Real estate owned, net	0	0
Total	$ 1,520	$ 2,874

Fair Value of Financial Instr_7

Fair Value of Financial Instruments - Valuation techniques and inputs used (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2019	Jun. 30, 2019
Mortgage servicing assets | Maximum | Discounted cash flow | Discount rate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Fair Value Measurement Input	10.50%
Mortgage servicing assets | Weighted Average | Discounted cash flow | Discount rate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Fair Value Measurement Input	9.10%
Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	$ 9,917	$ 11,079
Fair Value, Inputs, Level 1 | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 2 | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	5,264	5,700
Fair Value, Inputs, Level 3 | Private issue CMO
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	$ 253
Fair Value, Inputs, Level 3 | Private issue CMO | Market comparable pricing | Comparability adjustment
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impact to valuation from an increase in inputs on assets	Increase
Fair Value, Inputs, Level 3 | Private issue CMO | Minimum | Market comparable pricing | Comparability adjustment
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Fair Value Measurement Input	2.60%
Fair Value, Inputs, Level 3 | Private issue CMO | Maximum | Market comparable pricing | Comparability adjustment
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Fair Value Measurement Input	3.00%
Fair Value, Inputs, Level 3 | Private issue CMO | Weighted Average | Market comparable pricing | Comparability adjustment
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Fair Value Measurement Input	2.90%
Fair Value, Inputs, Level 3 | Loans Held For Investment, at Fair Value [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	$ 4,386
Fair Value, Inputs, Level 3 | Loans Held For Investment, at Fair Value [Member] | Relative value analysis | Broker quotes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impact to valuation from an increase in inputs on assets	Increase
Fair Value, Inputs, Level 3 | Loans Held For Investment, at Fair Value [Member] | Relative value analysis | Credit risk factors
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impact to valuation from an increase in inputs on assets	Decrease
Fair Value, Inputs, Level 3 | Loans Held For Investment, at Fair Value [Member] | Minimum | Relative value analysis | Broker quotes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Fair Value Measurement Input	97.60%
Fair Value, Inputs, Level 3 | Loans Held For Investment, at Fair Value [Member] | Minimum | Relative value analysis | Credit risk factors
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Fair Value Measurement Input	1.20%
Fair Value, Inputs, Level 3 | Loans Held For Investment, at Fair Value [Member] | Maximum | Relative value analysis | Broker quotes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Fair Value Measurement Input	104.10%
Fair Value, Inputs, Level 3 | Loans Held For Investment, at Fair Value [Member] | Maximum | Relative value analysis | Credit risk factors
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Fair Value Measurement Input	100.00%
Fair Value, Inputs, Level 3 | Loans Held For Investment, at Fair Value [Member] | Weighted Average | Relative value analysis | Broker quotes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Fair Value Measurement Input	101.40%
Fair Value, Inputs, Level 3 | Loans Held For Investment, at Fair Value [Member] | Weighted Average | Relative value analysis | Credit risk factors
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Fair Value Measurement Input	4.60%
Fair Value, Inputs, Level 3 | Non-performing loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	$ 684
Fair Value, Inputs, Level 3 | Non-performing loans | Discounted cash flow | Default rates.
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impact to valuation from an increase in inputs on assets	Decrease
Assets Fair Value Measurement Input	5.00%
Fair Value, Inputs, Level 3 | Mortgage servicing assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	$ 502
Fair Value, Inputs, Level 3 | Mortgage servicing assets | Discounted cash flow | Prepayment speed (CPR)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impact to valuation from an increase in inputs on assets	Decrease
Fair Value, Inputs, Level 3 | Mortgage servicing assets | Discounted cash flow | Discount rate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impact to valuation from an increase in inputs on assets	Decrease
Fair Value, Inputs, Level 3 | Mortgage servicing assets | Minimum | Discounted cash flow | Prepayment speed (CPR)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Fair Value Measurement Input	15.30%
Fair Value, Inputs, Level 3 | Mortgage servicing assets | Minimum | Discounted cash flow | Discount rate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Fair Value Measurement Input	9.00%
Fair Value, Inputs, Level 3 | Mortgage servicing assets | Maximum | Discounted cash flow | Prepayment speed (CPR)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Fair Value Measurement Input	60.00%
Fair Value, Inputs, Level 3 | Mortgage servicing assets | Weighted Average | Discounted cash flow | Prepayment speed (CPR)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Fair Value Measurement Input	25.10%
Fair Value, Inputs, Level 3 | Interest-Only Strips
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	$ 14
Fair Value, Inputs, Level 3 | Interest-Only Strips | Discounted cash flow | Prepayment speed (CPR)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impact to valuation from an increase in inputs on assets	Decrease
Fair Value, Inputs, Level 3 | Interest-Only Strips | Discounted cash flow | Discount rate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impact to valuation from an increase in inputs on assets	Decrease
Assets Fair Value Measurement Input	9.00%
Fair Value, Inputs, Level 3 | Interest-Only Strips | Minimum | Discounted cash flow | Prepayment speed (CPR)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Fair Value Measurement Input	20.40%
Fair Value, Inputs, Level 3 | Interest-Only Strips | Maximum | Discounted cash flow | Prepayment speed (CPR)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Fair Value Measurement Input	40.60%
Fair Value, Inputs, Level 3 | Interest-Only Strips | Weighted Average | Discounted cash flow | Prepayment speed (CPR)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Fair Value Measurement Input	39.30%
Fair Value, Inputs, Level 3 | Non-performing loans one
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	$ 334
Fair Value, Inputs, Level 3 | Non-performing loans one | Relative value analysis | Credit risk factors
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impact to valuation from an increase in inputs on assets	Decrease
Fair Value, Inputs, Level 3 | Non-performing loans one | Minimum | Relative value analysis | Loss severity.
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Fair Value Measurement Input	20.00%
Fair Value, Inputs, Level 3 | Non-performing loans one | Maximum | Relative value analysis | Loss severity.
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Fair Value Measurement Input	30.00%
Fair Value, Inputs, Level 3 | Non-performing loans one | Weighted Average | Relative value analysis | Loss severity.
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Fair Value Measurement Input	20.50%
Fair Value, Inputs, Level 3 | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	$ 4,653	$ 5,379

Fair Value of Financial Instr_8

Fair Value of Financial Instruments - Carrying amount and fair value of the Corporation's other financial instruments (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Jun. 30, 2019
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investment securities - held to maturity	$ 85,088	$ 94,090
Fair Value, Inputs, Level 1
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investment securities - held to maturity	0	0
Loans held for investment, not recorded at fair value	0	0
FHLB - San Francisco stock	0	0
Deposits	0	0
Borrowings	0	0
Fair Value, Inputs, Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investment securities - held to maturity	86,272	95,359
Loans held for investment, not recorded at fair value	0	0
FHLB - San Francisco stock	8,199	8,199
Deposits	0	0
Borrowings	0	0
Fair Value, Inputs, Level 3
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investment securities - held to maturity	0	0
Loans held for investment, not recorded at fair value	906,318	861,374
FHLB - San Francisco stock	0	0
Deposits	804,196	813,087
Borrowings	133,308	102,826
Carrying Amount
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investment securities - held to maturity	85,088	94,090
Loans held for investment, not recorded at fair value	919,928	874,831
FHLB - San Francisco stock	8,199	8,199
Deposits	831,736	841,271
Borrowings	131,092	101,107
Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investment securities - held to maturity	86,272	95,359
Loans held for investment, not recorded at fair value	906,318	861,374
FHLB - San Francisco stock	8,199	8,199
Deposits	804,196	813,087
Borrowings	$ 133,308	$ 102,826

Reclassification Adjustment o_3

Reclassification Adjustment of Accumulated Other Comprehensive Income ("AOCI") (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Accumulated Other Comprehensive Income [Roll Forward]
Beginning balance	$ 161	$ 210
Other comprehensive income (loss) before reclassifications	(13)	(21)
Amount reclassified from accumulated other comprehensive income	0
Net other comprehensive income (loss)	(13)	(21)
Ending balance	148	189
Available for sale
Accumulated Other Comprehensive Income [Roll Forward]
Beginning balance	150	194
Other comprehensive income (loss) before reclassifications	(12)	(22)
Amount reclassified from accumulated other comprehensive income	0
Net other comprehensive income (loss)	(12)	(22)
Ending balance	138	172
Interest-Only Strips
Accumulated Other Comprehensive Income [Roll Forward]
Beginning balance	11	16
Other comprehensive income (loss) before reclassifications	(1)	1
Amount reclassified from accumulated other comprehensive income	0	0
Net other comprehensive income (loss)	(1)	1
Ending balance	$ 10	$ 17

Revenue From Contracts With C_3

Revenue From Contracts With Customers (Details) - USD ($) $ in Thousands		3 Months Ended
		Sep. 30, 2019	Sep. 30, 2018
Net gain (loss) on sale of loans	[1]	$ (86)	$ 3,132
Total non-interest income		1,070	4,549
Asset management fees
Total non-interest income		80	82
Debit card and ATM fees
Total non-interest income		421	419
Deposit related fees
Total non-interest income		465	519
Loan related fees
Total non-interest income		6	12
BOLI
Total non-interest income	[1]	47	46
Loan servicing and other fees
Total non-interest income	[1]	133	324
Other
Total non-interest income		$ 4	$ 15
[1]	Not in scope of ASC 606 .

Leases - Supplemental informati

Leases - Supplemental information (Details)	3 Months Ended
	Sep. 30, 2019USD ($)
Leases
Lease expense	$ 190,000
Condensed Consolidated Statements of Condition:
Premises and equipment - Operating lease right of use assets	3,171,000
Accounts payable, accrued interest and other liabilities - Operating lease liabilities	3,382,000
Condensed Consolidated Statements of Operations:
Premises and occupancy expenses from operating leases	179,000
Equipment expenses from operating leases	11,000
Condensed Consolidated Statements of Cash Flows:
Operating cash flows from operating leases, net(1)	$ 284,000

Leases - Remaining contractual

Leases - Remaining contractual lease payments and other information (Details) $ in Thousands	Sep. 30, 2019USD ($)
Remaining minimum contractual lease payments and other information associated with the leases
2020	$ 771
2021	753
2022	677
2023	478
2024	361
Thereafter	530
Total contract lease payments, net(2)	3,570
Total liability to make lease payments	3,382
Difference in undiscounted and discounted future lease payments	$ 189
Weighted average discount rate	2.06%
Weighted average remaining lease term (years)	4 years 10 months 24 days

Leases - Impact of the adoption

Leases - Impact of the adoption of new lease accounting guidance (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Jul. 01, 2019	Jun. 30, 2019	Sep. 30, 2018	Jun. 30, 2018
Lessee, Lease, Description [Line Items]
Total assets	$ 1,105,296		$ 1,084,850
Total liabilities	983,127		964,209
Total equity	$ 122,169		$ 120,641	$ 121,680	$ 120,457
Accounting Standards Update 2016-02 [Member]
Lessee, Lease, Description [Line Items]
Total assets		$ 1,088,249
Total liabilities		967,913
Total equity		120,641
Accounting Standards Update 2016-02 [Member] | Adjustments due to new lease guidance
Lessee, Lease, Description [Line Items]
Total assets		3,399
Total liabilities		$ 3,704

Subsequent Event (Details)

Subsequent Event (Details) - Subsequent event - $ / shares	1 Months Ended	3 Months Ended
	Oct. 31, 2019	Dec. 31, 2019
Subsequent Event [Line Items]
Dividends declared date		Oct. 30, 2019
Quarterly cash dividend declared, common stock	$ 0.14
Dividends payable, date	Dec. 11, 2019