Provident Financial (PROV) 10-K30 Aug 242024 FY Annual reportFinancial data

Company Profile

Document and Entity Information

Document and Entity Information - USD ($) $ in Millions	12 Months Ended
Document and Entity Information - USD ($) $ in Millions	Jun. 30, 2024	Aug. 23, 2024	Dec. 31, 2023
Document and Entity Information
Document Type	10-K
Document Annual Report	true
Document Period End Date	Jun. 30, 2024
Document Transition Report	false
Securities Act File Number	000-28304
Entity Registrant Name	PROVIDENT FINANCIAL HOLDINGS, INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	33-0704889
Entity Address, Address Line One	3756 Central Avenue
Entity Address, City or Town	Riverside
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	92506
City Area Code	951
Local Phone Number	686-6060
Title of 12(b) Security	Common Stock, par value $.01 per share
Trading Symbol	PROV
Security Exchange Name	NASDAQ
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	false
Document Financial Statement Error Correction [Flag]	false
Entity Shell Company	false
Entity Public Float			$ 77.6
Entity Common Stock, Shares Outstanding		6,862,888
Auditor Name	Deloitte & Touche LLP
Auditor Firm ID	34
Auditor Location	Costa Mesa, California
Entity Central Index Key	0001010470
Current Fiscal Year End Date	--06-30
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	FY
Amendment Flag	false

Consolidated Statements of Fina

Consolidated Statements of Financial Condition - USD ($) $ in Thousands	Jun. 30, 2024	Jun. 30, 2023
Assets
Cash and cash equivalents	$ 51,376	$ 65,849
Investment securities - held to maturity, at cost with no allowance for credit losses	130,051	154,337
Investment securities - available for sale, at fair value with no allowance for credit losses	1,849	2,155
Loans held for investment, net of allowance for credit losses of $7,065 and $5,946, respectively; includes $1,047 and $1,312 of loans held at fair value, respectively; $861.1 million and $967.6 million pledged to Federal Home Loan Bank ("FHLB") - San Francisco, respectively; $178.6 million and $0 pledged to Federal Reserve Bank ("FRB") - San Francisco, respectively	1,052,979
Loans held for investment, net of allowance for credit losses of $7,065 and $5,946, respectively; includes $1,047 and $1,312 of loans held at fair value, respectively; $861.1 million and $967.6 million pledged to Federal Home Loan Bank ("FHLB") - San Francisco, respectively; $178.6 million and $0 pledged to Federal Reserve Bank ("FRB") - San Francisco, respectively		1,077,629
Accrued interest receivable	4,287	3,711
FHLB - San Francisco and other equity investments, includes $540 and $0 of other equity investments at fair value, respectively	10,108	9,505
Premises and equipment, net	9,313	9,231
Prepaid expenses and other assets	12,237	10,531
Total assets	1,272,200	1,332,948
Liabilities:
Noninterest-bearing deposits	95,627	103,007
Interest-bearing deposits	792,721	847,564
Total deposits	888,348	950,571
Borrowings	238,500	235,009
Accounts payable, accrued interest and other liabilities	15,411	17,681
Total liabilities	1,142,259	1,203,261
Commitments and Contingencies (Note 13)
Stockholders' equity:
Preferred stock, $0.01 par value (2,000,000 shares authorized; none issued and outstanding)
Common stock, $0.01 par value; (40,000,000 shares authorized; 18,229,615 and 18,229,615 shares issued; 6,847,821 and 7,043,170 shares outstanding, respectively)	183	183
Additional paid-in capital	98,532	99,505
Retained earnings	209,914	207,274
Treasury stock at cost (11,381,794 and 11,186,445 shares, respectively)	(178,685)	(177,237)
Accumulated other comprehensive loss, net of tax	(3)	(38)
Total stockholders' equity	129,941	129,687
Total liabilities and stockholders' equity	$ 1,272,200	$ 1,332,948

Consolidated Statements of Fi_2

Consolidated Statements of Financial Condition (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2024	Jun. 30, 2023
Investment securities - held to maturity, allowance for credit losses	$ 0	$ 0
Investment securities - available for sale, allowance for credit losses	0	0
Allowance for credit losses on loans held for investment	7,065	5,946
Allowance for credit losses on loans held for investment		5,946
Loans held for investment fair value	1,047	1,312
Collateral pledged on Federal Home Loan Bank advances	861,100	967,600
Equity investments at fair value	$ 540	$ 0
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	18,229,615	18,229,615
Common stock shares outstanding	6,847,821	7,043,170
Treasury stock shares	11,381,794	11,186,445
Pledged as Collateral \| Pledged to FRB
Loans held for investment fair value	$ 178,600	$ 0

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Interest income:
Loans receivable, net	$ 50,194	$ 42,191
Investment securities	2,060	2,169
FHLB - San Francisco and other equity investments	802	556
Interest-earning deposits	1,674	1,076
Total interest income	54,730	45,992
Interest expense:
Deposits	9,666	3,146
Borrowings	10,141	5,861
Total interest expense	19,807	9,007
Net interest income	34,923	36,985
(Recovery of) provision for credit losses	(63)	374
Net interest income, after (recovery of) provision for credit losses	34,986	36,611
Non-interest income:
Loan servicing and other fees	337	414
Other	1,066	840
Total non-interest income	3,941	4,075
Non-interest expense:
Salaries and employee benefits	17,642	17,737
Premises and occupancy	3,586	3,447
Equipment	1,309	1,152
Professional	1,530	1,517
Sales and marketing	709	622
Deposit insurance premium and regulatory assessments	780	657
Other	2,984	3,138
Total non-interest expense	28,540	28,270
Income before income taxes	10,387	12,416
Provision for income taxes	3,036	3,824
Net income	$ 7,351	$ 8,592
Basic earnings per share ( in dollars per share)	$ 1.06	$ 1.20
Diluted earnings per share ( in dollars per share)	$ 1.06	$ 1.19
Deposit account fees
Non-interest income:
Non-interest income	$ 1,154	$ 1,296
Card and processing fees
Non-interest income:
Non-interest income	$ 1,384	$ 1,525

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Consolidated Statements of Comprehensive Income
Net Income (Loss)	$ 7,351	$ 8,592
Change in unrealized holding gains (losses) on securities available for sale and interest-only strips	50	(57)
Less: Income tax expense (benefit)	15	(17)
Other comprehensive income (loss)	35	(40)
Total comprehensive income	$ 7,386	$ 8,552

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands		Common Stock	Additional Paid-In Capital	Retained Earnings Impact of ASU adoption	Retained Earnings	Treasury Stock	Accumulated Other Comprehensive Income (Loss), Net of Tax	Impact of ASU adoption	Total
Balance at Jun. 30, 2022		$ 183	$ 98,826		$ 202,680	$ (173,041)	$ 2		$ 128,650
Balance (in shares) at Jun. 30, 2022		7,285,184
Increase (Decrease) in Stockholders' Equity
Net Income (Loss)					8,592				8,592
Other comprehensive income (loss)							(40)		(40)
Purchase of treasury stock	[1]					(4,648)			(4,648)
Purchase of treasury stock (in shares)	[1]	(335,764)
Awards of restricted stock			(479)			479
Awards of restricted stock (in shares)		93,750
Forfeiture of restricted stock			27			(27)
Amortization of restricted stock			1,109						1,109
Stock options expense			76						76
Tax effect from stock based compensation			(54)						(54)
Cash dividends	[2]				(3,998)				(3,998)
Balance at Jun. 30, 2023		$ 183	99,505		207,274	(177,237)	(38)		$ 129,687
Balance (in shares) at Jun. 30, 2023		7,043,170							7,043,170
Increase (Decrease) in Stockholders' Equity
Net Income (Loss)					7,351				$ 7,351
Other comprehensive income (loss)							35		35
Purchase of treasury stock	[1]					(2,601)			(2,601)
Purchase of treasury stock (in shares)	[1]	(197,349)
Distribution of restricted stock (in shares)		2,000
Awards of restricted stock			(1,183)			1,183
Forfeiture of restricted stock			30			(30)
Amortization of restricted stock			203						203
Stock options expense			37						37
Tax effect from stock-based compensation			(60)						(60)
Cash dividends	[2]				(3,887)				(3,887)
Balance at Jun. 30, 2024		$ 183	$ 98,532	$ (824)	$ 209,914	$ (178,685)	$ (3)	$ (824)	$ 129,941
Balance (in shares) at Jun. 30, 2024		6,847,821							6,847,821

[1] Includes the purchase of 33,045 shares of distributed restricted stock in fiscal 2023 in settlement of employees' withholding tax obligations. Cash dividends of $0.56 per share were paid in both fiscal 2024 and 2023.

Consolidated Statements of St_2

Consolidated Statements of Stockholders' Equity (Parenthetical) - $ / shares	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Cash dividends per share	$ 0.56	$ 0.56
Restricted Stock [Member]
Number of shares repurchase of distributed restricted stock in settlement of employee withholding tax obligations		33,045

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Cash flows from operating activities:
Net income	$ 7,351	$ 8,592
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	3,155	3,188
(Recovery of) provision for credit losses	(63)	374
(Recovery of) provision for credit losses		374
Net unrealized gain on other equity investments	(540)
Stock-based compensation	240	1,185
(Benefit) provision for deferred income taxes	(58)	1,231
(Decrease) increase in accounts payable, accrued interest and other liabilities	(2,399)	121
(Increase) decrease in prepaid expenses and other assets	(2,001)	1,634
Net cash provided by operating activities	5,685	16,325
Cash flows from investing activities:
Decrease (increase) in loans held for investment, net	22,604	(138,970)
Maturity of investment securities - held to maturity		400
Principal payments from investment securities - held to maturity	23,754	30,217
Principal payments from investment securities - available for sale	356	464
Purchase of FHLB - San Francisco stock	(63)	(1,266)
Purchase of premises and equipment	(1,589)	(741)
Net cash provided by (used for) investing activities	45,062	(109,896)
Cash flows from financing activities:
Decrease in deposits, net	(62,223)	(4,933)
Proceeds from long-term borrowings	85,500	65,000
Repayments of long-term borrowings	(30,009)	(30,000)
(Repayment of) proceeds from short-term borrowings, net	(52,000)	115,009
Treasury stock purchases	(2,601)	(4,648)
Withholding taxes on stock-based compensation		(424)
Cash dividends	(3,887)	(3,998)
Net cash (used for) provided by financing activities	(65,220)	136,006
Net (decrease) increase in cash and cash equivalents	(14,473)	42,435
Cash and cash equivalents at beginning of year	65,849	23,414
Cash and cash equivalents at end of year	51,376	65,849
Supplemental information:
Cash paid for interest	19,762	7,480
Cash paid for income taxes	$ 3,090	$ 2,725

Organization and Summary of Sig

Organization and Summary of Significant Accounting Policies	12 Months Ended
Organization and Summary of Significant Accounting Policies	Jun. 30, 2024
Organization and Summary of Significant Accounting Policies
Organization and Summary of Significant Accounting Policies	Note 1: Organization and Summary of Significant Accounting Policies Basis of presentation The consolidated financial statements include the accounts of Provident Financial Holdings, Inc., and its wholly owned subsidiary, Provident Savings Bank, F.S.B. (collectively, the “Corporation”). All inter-company balances and transactions have been eliminated. Provident Savings Bank, F.S.B. (the “Bank”) converted from a federally chartered mutual savings bank to a federally chartered stock savings bank effective June 27, 1996. Provident Financial Holdings, Inc., a Delaware corporation organized by the Bank, acquired all of the capital stock of the Bank issued in the conversion; the transaction was recorded on a book value basis. The Corporation has determined that it operates in one business segment through the Bank. The Bank's activities include attracting deposits, offering banking services and originating and purchasing single-family, multi-family, commercial real estate, construction and other mortgage loans and, to a lesser extent, commercial business and consumer loans held for investment. Deposits are collected primarily from 13 banking locations located in Riverside and San Bernardino counties in California. Additional activities may include originating saleable single-family loans, primarily fixed-rate first mortgages. Loans are primarily originated and purchased in California. Use of estimates The accounting and reporting policies of the Corporation conform to generally accepted accounting principles in the United States of America (“GAAP”). The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosures of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the allowance for credit losses, the valuation of investment securities, the valuation of loans held for investment at fair value, deferred tax assets, mortgage servicing assets, real estate owned and deferred compensation costs. The following accounting policies, together with those disclosed elsewhere in the consolidated financial statements, represent the significant accounting policies of Provident Financial Holdings, Inc. and the Bank. Cash and cash equivalents Cash and cash equivalents include cash on hand and due from banks, as well as overnight deposits placed at the FRB – San Francisco and correspondent banks. Investment securities The Corporation classifies its qualifying investments as available for sale or held to maturity. The Corporation classifies investments as held to maturity when it has the ability and it is management’s positive intent to hold such securities to maturity. Securities held to maturity are carried at amortized historical cost. All other securities are classified as available for sale and are carried at fair value. Fair value generally is determined based upon quoted market prices. Changes in net unrealized gains (losses) on debt securities available for sale are included in accumulated other comprehensive income, net of tax. Gains and losses on sale or dispositions of investment securities are included in non-interest income and are determined using the specific identification method. Purchase premiums and discounts are amortized over the expected average life of the securities using the effective interest method. The Corporation evaluates individual investment securities quarterly for impairment based on Accounting Standards Codification (“ASC”) 326, “Financial Instruments – Credit Losses,” which was adopted on July 1, 2023. The Corporation does not currently intend to sell any investment securities classified as held to maturity or available for sale and as such, records the investment security at book value or fair market value as prescribed by GAAP. As a part of the Corporation’s monthly risk assessment, the Corporation runs a number of stressed liquidity scenarios to determine if it is more likely than not that the Bank will be required to sell the investment security before the recovery of its amortized costs basis. These liquidity scenarios support the Corporation’s assessment that the Corporation has the ability to hold these held to maturity securities until maturity or available for sale securities until recovery of the amortized costs is realized and it is not more likely than not that the Corporation will be required to sell the securities prior to recovery of the amortized costs. Loans held for investment Loans held for investment consist of long-term single-family adjustable and fixed rate loans secured by single-family residences and multi-family and commercial real estate loans secured by commercial property, land and other residential properties, which the Corporation intends to hold for the foreseeable future. These loans are generally offered to customers and businesses located in California. Net loan origination fees and certain direct origination expenses are deferred and amortized to interest income over the contractual life of the loan using the effective interest method. Amortization is discontinued for non-performing loans. Interest receivable represents primarily the current month’s interest, which will be included as a part of the borrower’s next monthly loan payment. Interest receivable is accrued only if deemed collectible. Loans are placed on non-performing status when they become 90 days past due. When a loan is placed on non-performing status, interest accrued but not received is reversed against interest income. Interest income on non-performing loans is subsequently recognized only to the extent that cash is received and the principal balance is deemed collectible. If the principal balance is not deemed collectible, the entire payment received (principal and interest) is applied to the outstanding loan balance. Non-performing loans that become current as to both principal and interest are returned to accrual status after demonstrating satisfactory payment history (usually six consecutive months) and when future payments are expected to be collectible. Allowance for credit losses The allowance for credit losses involves significant judgment and assumptions by management, which has a material impact on the carrying value of financial assets. The Corporation adopted ASC 326 using the prospective transition approach for all financial assets measured at amortized cost and off-balance sheet credit exposures. Results for reporting periods beginning after July 1, 2023 are presented under CECL while prior period amounts continue to be reported in accordance with previously applicable accounting standards. Non-performing loans The Corporation assesses loans individually and classifies them as non-performing when the accrual of interest has been discontinued, loans have been modified or management has serious doubts about the future collectability of principal and interest, even though the loans may currently be performing. Factors considered in determining classification include, but are not limited to, expected future cash flows, the financial condition of the borrower and current economic conditions. The Corporation measures each non-performing loan based on ASC 326, establishes a collectively evaluated or individually evaluated allowance, and charges off those loans or portions of loans deemed uncollectible. Loans identified to be individually evaluated have an allowance that is based upon the appraised value of the collateral, less selling costs or discounted cash flow with an appropriate default factor. Real estate owned Real estate acquired through foreclosure is initially recorded at the fair value of the real estate acquired, less estimated selling costs. Subsequent to foreclosure, the Corporation charges current earnings for estimated losses if the carrying value of the property exceeds its fair value. Gains or losses on the sale of real estate are recognized upon disposition of the property. Costs relating to improvement, maintenance and repairs of the property are expensed as incurred under gain (loss) on sale and operations of real estate owned acquired in the settlement of loans in the Consolidated Statements of Operations. Impairment of long-lived assets The Corporation reviews its long-lived assets for impairment annually or when events or circumstances indicate that the carrying amount of these assets may not be recoverable. Long-lived assets include buildings, land, fixtures, furniture and equipment. An asset is considered impaired when the expected discounted cash flows over the remaining useful life are less than the net book value. When impairment is indicated for an asset, the amount of impairment loss is the excess of the net book value over its fair value. Premises and equipment Premises and equipment are stated at cost, less accumulated depreciation and amortization. Depreciation is computed primarily on a straight-line basis over the estimated useful lives as follows: Buildings 10 to 40 years Furniture and fixtures 3 to 10 years Automobiles 3 to 5 years Computer equipment 3 to 5 years Leasehold improvements are amortized over the lesser of their respective lease terms or the useful life of the improvement, which ranges from one Income taxes The Corporation accounts for income taxes in accordance with ASC 740, “Income Taxes.” ASC 740 requires the affirmative evaluation that it is more likely than not, based on the technical merits of a tax position, that an enterprise is entitled to economic benefits resulting from positions taken in income tax returns. If a tax position does not meet the more-likely-than-not recognition threshold, the benefit of that position is not recognized in the financial statements. ASC 740 requires that when determining the need for a valuation allowance against a deferred tax asset, management must assess both positive and negative evidence with regard to the realizability of the tax losses represented by that asset. To the extent available, if sources of taxable income are insufficient to absorb tax losses, a valuation allowance is necessary. Sources of taxable income for this analysis include prior years’ tax returns, the expected reversals of taxable temporary differences between book and tax income, prudent and feasible tax-planning strategies, and future taxable income. The deferred income tax asset related to the allowance for credit losses will be realized when actual charge-offs are made against the allowance. Based on the availability of loss carry-backs and projected taxable income during the periods for which loss carry-forwards are available, management believes it is more likely than not the Corporation will realize the deferred tax asset. The Corporation continues to monitor the deferred tax asset on a quarterly basis for a valuation allowance. The future realization of these tax benefits primarily hinges on adequate future earnings to utilize the tax benefit. Prospective earnings or losses, tax law changes or capital changes could prompt the Corporation to reevaluate the assumptions which may be used to establish a valuation allowance. As of June 30, 2024 and 2023, the estimated net deferred tax asset, which is included in prepaid expenses and other assets in the Consolidated Statements of Financial Condition, was $606,000 and $218,000, respectively. The Corporation maintains net deferred tax assets for deductible temporary tax differences, such as loss reserves, deferred compensation, non-accrued interest and unrealized gains (losses), among other items. The increase in the net deferred tax asset resulted primarily from higher loss reserves and a decrease in deferred tax liabilities from lower net deferred loan costs. The Corporation did not have any liabilities for uncertain tax positions or any known unrecognized tax benefit at June 30, 2024 or 2023. Bank owned life insurance ("BOLI") ASC 715-60-35, "Accounting for Deferred Compensation and Post-retirement Benefit Aspects of Endorsement Split-Dollar Life Insurance Arrangements," requires an employer to recognize obligations associated with endorsement split-dollar life insurance arrangements that extend into the participant’s post-employment benefit cost for the continuing life insurance or based on the future death benefit depending on the contractual terms of the underlying agreement. The Corporation adopted ASC 715-60-35 using the latter option, i.e., based on the future death benefit. The Bank purchases BOLI policies on the lives of certain executive officers while they are employed by the Bank and is the owner and beneficiary of the policies. The Bank invests in BOLI to provide an efficient form of funding for long-term retirement and other employee benefits costs. The Bank records these BOLI policies within prepaid expenses and other assets in the Consolidated Statements of Financial Condition at each policy’s respective cash surrender value, with net changes recorded in other non-interest income in the Consolidated Statements of Operations. Cash dividend A declaration or payment of dividends is at the discretion of the Corporation’s Board of Directors, who take into account the Corporation’s financial condition, results of operations, tax considerations, capital requirements, industry standards, economic conditions and other factors, including the regulatory restrictions which affect the payment of dividends by the Bank to the Corporation. Under Delaware law, dividends may be paid either out of surplus or, if there is no surplus, out of net profits for the current fiscal year and/or the preceding fiscal year in which the dividend is declared. For additional information, see Note 18 of the Notes to Consolidated Financial Statements regarding the subsequent event related to the cash dividend. Stock repurchases The Corporation repurchased 197,349 shares of its common stock with an average cost of $13.05 per share during fiscal 2024 pursuant to its publicly announced stock repurchase plans. As of June 30, 2024, a total of 189,116 shares or 54% of the shares authorized for repurchase under the Corporation’s existing stock repurchase plan remain available to purchase until the plan expires on September 28, 2024. Earnings per common share (“EPS”) Basic EPS represents net income divided by the weighted average common shares outstanding during the period excluding any potential dilutive effects. Diluted EPS gives effect to any potential issuance of common stock that would have caused basic EPS to be lower as if the issuance had already occurred. Accordingly, diluted EPS reflects an increase in the weighted average shares outstanding as a result of the assumed exercise of stock options and the vesting of restricted stock. The computation of diluted EPS does not assume exercise of stock options and vesting of restricted stock that would have an anti-dilutive effect on EPS. Stock-based compensation ASC 718, “Compensation – Stock Compensation,” requires companies to recognize in the Consolidated Statements of Operations the grant-date fair value of stock options and other equity-based compensation issued to employees and directors. Stock-based compensation, inclusive of restricted stock expense, recognized in the Consolidated Statements of Operations for the fiscal years ended June 30, 2024 and 2023 was $240,000 and $1.2 million, respectively. Employee Stock Ownership Plan ("ESOP") The Corporation recognizes compensation expense when the Bank contributes funds to the ESOP for the purchase of the Corporation’s common stock to be allocated to the ESOP participants. Since the contributions are discretionary, the benefits payable under the ESOP cannot be estimated. Restricted stock The Corporation recognizes compensation expense over the vesting period of the shares awarded, equal to the fair value of the shares at the award date. A total of $203,000 and $1.1 million of restricted stock expense was amortized during fiscal 2024 and 2023, respectively. Post-retirement benefits The estimated obligation for post-retirement health care and life insurance benefits is determined based on an actuarial computation of the cost of current and future benefits for the eligible (grandfathered) retirees and employees. The post retirement benefit liability is included in accounts payable, accrued interest and other liabilities in the Consolidated Statements of Financial Condition. Effective July 1, 2003, the Corporation discontinued the post-retirement health care and life insurance benefits to any employee not previously qualified (grandfathered) for these benefits, unless included within an employment agreement. At June 30, 2024 and 2023, the accrued liability for post-retirement benefits was $450,000 and $270,000, respectively. Comprehensive income ASC 220, “Comprehensive Income,” requires that realized revenues, expenses, gains and losses be included in net income (loss). Unrealized gains (losses) on available for sale securities and interest-only strips are reported as a separate component of the stockholders’ equity section of the Consolidated Statements of Financial Condition and the change in the unrealized gains (losses) are reported on the Consolidated Statements of Comprehensive Income and Consolidated Statements of Stockholders’ Equity. Accounting Standard Updates (“ASU”) ASU 2023-09: In December 2023, the Financial Accounting Standards Board (“FASB”) issued ASU No. 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures. This ASU requires public business entities to annually (a) disclose specific categories in the rate reconciliation and (b) provide additional information for reconciling items that meet a quantitative threshold of equal to or greater than five percent of the amount computed by multiplying pretax income or loss by the applicable statutory income tax rate. This ASU is effective for annual periods beginning after December 15, 2024. Early adoption is permitted. The Corporation is in the process of reviewing the impact of this ASU and has not yet determined the impact of the adoption of this ASU on its consolidated financial statements. ASU 2023-07: In November 2023, the FASB issued ASU No. 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures. This ASU improves reportable segment disclosure requirements, primarily through enhanced disclosures about significant segment expenses. The key amendments include: (a) introducing a new requirement to disclose significant segment expenses regularly provided to the chief operating decision maker (“CODM”), (b) extending certain annual disclosures to interim periods, (c) clarifying that single reportable segment entities must apply ASC 280 in its entirety, (d) permitting more than one measure of segment profit or loss to be reported under certain conditions, and (e) requiring disclosure of the title and position of the CODM. This ASU is effective for public entities for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. Early adoption is permitted. The Corporation is in the process of reviewing the impact of this ASU and has not yet determined the impact of the adoption of this ASU on its consolidated financial statements. ASU 2020-04: In March 2020, the FASB issued ASU No. 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting. This ASU applies to contracts, hedging relationships and other transactions that reference the London Interbank Offered Rate (“LIBOR”) or other rate references expected to be discontinued as a result of reference rate reform. The ASU permits an entity to make necessary modifications to eligible contracts or transactions without requiring contract remeasurement or reassessment of a previous accounting determination. In January 2021, ASU 2021-01 clarified that certain optional expedients and exceptions in Topic 848 for contract modifications and hedge accounting apply to derivatives that are affected by the changes in the interest rates used for margining, discounting, or contract price alignment for derivative instruments that are being implemented as part of the market-wide transition to new reference rates (commonly referred to as the “discounting transition”). In December 2022, the FASB issued ASU 2022-06, Deferral of the Sunset Date of Topic 848. The FASB had originally included a sunset provision within Topic 848 based on expectations of when the LIBOR would cease being published. In March 2021, it was announced that the intended cessation date of LIBOR was extended to June 30, 2023. As a result, the FASB issued ASU 2022-06 deferring the sunset date of Topic 848 from December 31, 2022 to December 31, 2024. This ASU is effective for all entities as of March 12, 2020 through December 31, 2024. As of June 30, 2023, the Corporation had approximately $469.4 million in loans held for investment with LIBOR ASU 2016-13: In June 2016, the FASB issued ASU 2016-13, “Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments,” and subsequent amendments to the initial guidance. On July 1, 2023, the Corporation adopted this ASU that replaced the incurred loss methodology with the current expected credit loss (“CECL”) methodology. CECL requires an estimate of credit losses for the remaining estimated life of the financial asset using historical experience, current conditions, and reasonable and supportable forecasts and applies to financial assets measured at amortized cost, including loans held for investment, held-to-maturity investment securities and some off-balance sheet credit exposures such as unfunded commitments to extend credit. Financial assets measured at amortized cost will be presented at the net amount expected to be collected by using an allowance for credit losses (“ACL”). In addition, CECL made changes to the accounting for available for sale investment securities. One such change is to require credit losses to be presented as an allowance rather than as a write-down on available for sale debt securities if management does not intend to sell and does not believe that it is more likely than not, they will be required to sell. The Corporation adopted ASC 326, “Financial Instruments – Credit Losses,” and all related subsequent amendments using the prospective transition approach for all financial assets measured at amortized cost and off-balance sheet credit exposures. The transition adjustment of the adoption of CECL included an $1.2 million increase in the ACL, which is presented as a reduction to net loans held for investment. The Corporation recorded a net decrease to retained earnings of $824,000 as of July 1, 2023 for the cumulative effect of adopting CECL, which reflects the transition adjustments noted above, net of the applicable deferred tax assets recorded. Results for reporting periods beginning after July 1, 2023 are presented under CECL while prior period amounts continue to be reported in accordance with previously applicable accounting standards. The Corporation adopted ASC 326 using the prospective transition approach for debt securities for which other-than-temporary impairment had been recognized prior to July 1, 2023. As of June 30, 2023, the Corporation did not have any other-than-temporary impaired investment securities. Therefore, upon adoption of ASC 326, the Corporation determined that an ACL on available for sale securities was not deemed necessary. The following table illustrates the impact on the ACL from the adoption of ASC 326: Allowance for Allowance Impact to credit losses before adoption allowance after ASC under ASC 326 of ASC 326 326 adoption (In Thousands) (07/01/2023) (06/30/2023) (07/01/2023) Assets: Mortgage loans: Single-family $ 6,325 $ 1,720 $ 4,605 Multi-family 656 3,270 (2,614) Commercial real estate 82 868 (786) Construction 62 15 47 Other 5 2 3 Commercial business loans 13 67 (54) Consumer loans — 4 (4) ACL on loans $ 7,143 $ 5,946 $ 1,197 Liabilities: Unfunded loan commitment reserve $ 42 $ 42 $ — In March 2022, FASB issued ASU 2022-02, “Financial Instruments - Credit Losses (Topic 326) Troubled Debt Restructurings and Vintage Disclosures.” This ASU eliminates the concept and treatment of troubled debt restructurings (“TDR”) in relation to the adoption of the CECL model for the accounting for credit losses (see note above regarding ASU 2016-13). The new disclosure requirements are adopted in regards to loan modifications made to borrowers experiencing financial difficulties. The required disclosures regarding gross write-offs for financing receivables by year of origination and loan modifications are presented under Note 3 of the Notes to Consolidated Financial Statements. Subsequent to the adoption of ASC 326 on July 1, 2023, the Corporation did have any loan modifications for borrowers experiencing financial difficulties during fiscal 2024.

Investment Securities

Investment Securities	12 Months Ended
Investment Securities	Jun. 30, 2024
Investment Securities
Investment Securities	Note 2: Investment Securities The amortized cost and estimated fair value of investment securities as of June 30, 2024 and 2023 were as follows: Gross Gross Estimated Amortized Unrealized Unrealized Fair Carrying June 30, 2024 Cost Gains (Losses) Value Value (In Thousands) Held to maturity U.S. government sponsored enterprise MBS (1) $ 125,883 $ 76 $ (15,481) $ 110,478 $ 125,883 U.S. government sponsored enterprise CMO (2) 3,713 — (253) 3,460 3,713 U.S. SBA securities (3) 455 — — 455 455 Total investment securities - held to maturity 130,051 76 (15,734) 114,393 130,051 Available for sale U.S. government agency MBS (1) 1,222 — (14) 1,208 1,208 U.S. government sponsored enterprise MBS (1) 548 5 — 553 553 Private issue CMO (2) 91 — (3) 88 88 Total investment securities - available for sale 1,861 5 (17) 1,849 1,849 Total investment securities $ 131,912 $ 81 $ (15,751) $ 116,242 $ 131,900 (1) Mortgage-backed securities (“MBS”) . (2) Collateralized mortgage obligations (“CMO”) . (3) Small Business Administration ("SBA") . Gross Gross Estimated Amortized Unrealized Unrealized Fair Carrying June 30, 2023 Cost Gains (Losses) Value Value (In Thousands) Held to maturity U.S. government sponsored enterprise MBS $ 149,803 $ — $ (18,459) $ 131,344 $ 149,803 U.S. government sponsored enterprise CMO 3,883 — (336) 3,547 3,883 U.S. SBA securities 651 — (1) 650 651 Total investment securities - held to maturity 154,337 — (18,796) 135,541 154,337 Available for sale U.S. government agency MBS 1,417 — (47) 1,370 1,370 U.S. government sponsored enterprise MBS 697 — (14) 683 683 Private issue CMO 103 — (1) 102 102 Total investment securities - available for sale 2,217 — (62) 2,155 2,155 Total investment securities $ 156,554 $ — $ (18,858) $ 137,696 $ 156,492 In fiscal 2024 and 2023, the Corporation received principal payments from its investment securities of $24.1 million and $30.7 million, respectively and did not sell any investment securities. The Corporation did not purchase any investment securities in fiscal 2024 and 2023. As of June 30, 2024 and 2023, the Corporation held investments with an unrealized loss position of $15.8 million and $18.9 million, respectively. As of June 30, 2024 Unrealized Holding Losses Unrealized Holding Losses Unrealized Holding 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 $ — $ — $ 105,530 $ 15,481 $ 105,530 $ 15,481 U.S. government sponsored enterprise CMO — — 3,460 253 3,460 253 U.S. SBA securities 455 $ — — — 455 — Total investment securities - held to maturity 455 — 108,990 15,734 109,445 15,734 Available for sale U.S government agency MBS 91 — 1,117 14 1,208 14 U.S. government sponsored enterprise MBS — — 8 — 8 — Private issue CMO — — 88 3 88 3 Total investment securities - available for sale 91 — 1,213 17 1,304 17 Total investment securities $ 546 $ — $ 110,203 $ 15,751 $ 110,749 $ 15,751 As of June 30, 2023 Unrealized Holding Losses Unrealized Holding Losses Unrealized Holding 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 $ 10,839 $ 253 $ 120,506 $ 18,206 $ 131,345 $ 18,459 U.S. government sponsored enterprise CMO — — 3,547 336 3,547 336 U.S. SBA securities 650 1 — — 650 1 Total investment securities - held to maturity 11,489 254 124,053 18,542 135,542 18,796 Available for sale U.S government agency MBS 696 20 673 27 1,369 47 U.S. government sponsored enterprise MBS 87 2 558 12 645 14 Private issue CMO — — 102 1 102 1 Total investment securities - available for sale 783 22 1,333 40 2,116 62 Total investment securities $ 12,272 $ 276 $ 125,386 $ 18,582 $ 137,658 $ 18,858 The Corporation evaluates individual investment securities quarterly for impairment based on ASC 326 since the adoption on July 1, 2023. At June 30, 2024, all of the $15.8 million of unrealized holding losses were in a loss position for 12 months or more, while at June 30, 2023, $18.6 million of the $18.9 million of unrealized holding losses were in a loss position for 12 months or more. The unrealized losses on investment securities were attributable to changes in interest rates relative to when the investment securities were purchased and not due to the credit quality of the investment securities, which are predominately U.S. government sponsored enterprise (GSE) securities that are either explicitly or implicitly guaranteed by the U.S. government and have a long history of no credit losses. Therefore, the Corporation has determined that the unrealized losses are due to the fluctuating nature of interest rates, and not related to any potential credit risks within the investment portfolio. The Bank does not currently intend to sell any investment securities classified as held to maturity or available for sale and as such, records the investment security at amortized cost or fair market value as prescribed by GAAP. As a part of the Corporation’s monthly risk assessment, the Corporation runs a number of stressed liquidity scenarios to determine if it is more likely than not that the Bank will be required to sell the investment security before the recovery of its amortized costs basis. These liquidity scenarios support the Corporation’s assessment that the Corporation has the ability to hold these held to maturity securities until maturity or available for sale securities until recovery of the amortized costs is realized and it is not more likely than not that the Corporation will be required to sell the securities prior to recovery of the amortized costs. There were no ACL or impairment on investment securities held to maturity and there was no impairment on investment securities available for sale at the adoption date of ASC 326 on July 1, 2023 and at June 30, 2024. In order to maintain adequate liquidity, the Bank has established borrowing facilities with various counterparties. The Bank had a remaining borrowing capacity of $261.3 million as of June 30, 2024 at the FHLB of San Francisco. In addition, the Bank has secured an estimated $208.6 million discount window facility at the FRB of San Francisco collateralized by investment securities totaling $126.6 million and loans held for investment totaling $178.6 million as of June 30, 2024. As of June 30, 2024, the Bank also has an unsecured borrowing arrangement in the form of a federal funds facility with its correspondent bank for $50.0 million. The Bank had no advances under the Federal Reserve discount window or correspondent bank facility as of June 30, 2024. The total available borrowing capacity across all sources totaled approximately $519.9 million at June 30, 2024. At June 30, 2023, the Bank had a remaining borrowing capacity of $287.9 million at the FHLB of San Francisco. In addition, the Bank had secured an estimated $139.0 million discount window facility at the FRB of San Francisco collateralized by investment securities totaling $150.3 million at June 30, 2023. As of June 30, 2023, the Bank also had an unsecured borrowing arrangement in the form of a federal funds facility with its correspondent bank for $50.0 million. The Bank had no advances under the Federal Reserve discount window or the correspondent bank facility as of June 30, 2023. The total available borrowing capacity across all sources totaled approximately $476.9 million at June 30, 2023. At June 30, 2024 and 2023, the Corporation did not hold any investment securities held to maturity or investment securities available for sale with the intent to sell and determined it had the ability to hold these investment securities until maturity. It also determined that it was more likely than not that the Corporation would not be required to sell the securities prior to recovery of the amortized cost basis; therefore, no impairment losses were recorded on investment securities available for sale for fiscal years ended June 30, 2024 and 2023. In addition, no allowance for credit losses were recorded on investment securities held to maturity for the fiscal years ended June 30, 2024 and 2023. Contractual maturities of investment securities as of June 30, 2024 and 2023 were as follows: June 30, 2024 June 30, 2023 Estimated Estimated Amortized Fair Amortized Fair (In Thousands) Cost Value Cost Value Held to maturity Due in one year or less $ 349 $ 343 $ 303 $ 300 Due after one through five years 4,328 4,167 7,686 7,365 Due after five through ten years 49,331 44,830 61,043 54,686 Due after ten years 76,043 65,053 85,305 73,190 Total investment securities - held to maturity 130,051 114,393 154,337 135,541 Available for sale Due in one year or less — — — — Due after one through five years — — — — Due after five through ten years 1,055 1,053 590 580 Due after ten years 806 796 1,627 1,575 Total investment securities - available for sale 1,861 1,849 2,217 2,155 Total investment securities $ 131,912 $ 116,242 $ 156,554 $ 137,696

Loans Held for Investment

Loans Held for Investment	12 Months Ended
Loans Held for Investment	Jun. 30, 2024
Loans Held for Investment
Loans Held for Investment	Note 3: Loans Held for Investment Loans held for investment consisted of the following at June 30, 2024 and 2023: (In Thousands) June 30, 2024 June 30, 2023 Mortgage loans: Single-family $ 518,091 $ 518,821 Multi-family 445,182 461,113 Commercial real estate 83,349 90,558 Construction 2,692 1,936 Other 95 106 Commercial business loans 1,372 1,565 Consumer loans 65 65 Total loans held for investment, gross 1,050,846 1,074,164 Advance payments of escrows 102 148 Deferred loan costs, net 9,096 9,263 ACL on loans (7,065) (5,946) Total loans held for investment, net $ 1,052,979 $ 1,077,629 The following table sets forth information at June 30, 2024 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 10% and 11% of loans held for investment at June 30, 2024 and 2023, respectively. Adjustable rate loans having no stated repricing date that reprice when the index to which they are tied to reprices (e.g. prime rate index) and checking account overdrafts are reported as repricing within one year, subject to periodic and maximum rate caps. 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 Within One Year 3 Years 5 Years (In Thousands) One Year Through 3 Years Through 5 Years Through 10 Years Fixed Rate Total Mortgage loans: Single-family $ 54,686 $ 30,234 $ 104,979 $ 219,436 $ 108,756 $ 518,091 Multi-family 180,464 144,227 115,785 4,612 94 445,182 Commercial real estate 33,863 24,241 24,018 — 1,227 83,349 Construction 2,692 — — — — 2,692 Other — — — — 95 95 Commercial business loans 1,372 — — — — 1,372 Consumer loans 65 — — — — 65 Total loans held for investment, gross $ 273,142 $ 198,702 $ 244,782 $ 224,048 $ 110,172 $ 1,050,846 The following tables present the Corporation’s commercial real estate loans by property type and LTV as of June 30, 2024 and 2023: Owner Non-Owner % of Total Weighted June 30, 2024 Occupied Loan Occupied Loan Total Commercial Average (Dollars In Thousands) Balance Balance Balance Real Estate LTV (1) Office $ 6,690 $ 20,084 $ 26,774 32 % 43 % Mixed use (2) 293 15,797 16,090 19 35 % Retail — 12,501 12,501 15 30 % Warehouse 2,076 9,848 11,924 14 31 % Medical/dental office 2,439 4,645 7,084 9 44 % Mobile home park — 6,909 6,909 8 38 % Restaurant/fast food 690 500 1,190 2 46 % Automotive - non gasoline — 578 578 1 26 % Live/work — 299 299 — 13 % Total commercial real estate $ 12,188 $ 71,161 $ 83,349 100 % 37 % (1) (2) Mixed use includes $6.9 million in Office/Retail, $4.7 million in Multi-family/Retail, $3.0 million in Other Mixed Use, $754,000 in Multi-family/Commercial and $685,000 in Multi-family/Office. Owner Non-Owner % of Total Weighted June 30, 2023 Occupied Loan Occupied Loan Total Commercial Average (Dollars In Thousands) Balance Balance Balance Real Estate LTV (1) Office $ 9,283 $ 23,915 $ 33,198 37 % 44 % Mixed use (2) 306 17,614 17,920 20 36 % Retail — 12,991 12,991 14 32 % Warehouse 2,133 8,511 10,644 12 31 % Mobile home park — 7,057 7,057 8 39 % Medical/dental office 1,117 5,524 6,641 7 50 % Restaurant/fast food — 1,014 1,014 1 24 % Automotive - non gasoline — 485 485 1 19 % Live/work — 337 337 — 15 % Light industrial/manufacturing — 271 271 — 8 % Total commercial real estate $ 12,839 $ 77,719 $ 90,558 100 % 38 % (1) Current loan balance as a percentage of the original appraised value. (2) Mixed use includes $8.2 million in Office/Retail, $5.6 million in Multi-family/Retail, $3.4 million in Other Mixed Use and $700,000 in Multi-family/Office. The following tables present the Corporation’s commercial real estate loans by geographic concentration as of June 30, 2024 and 2023: Inland Southern Other June 30, 2024 Empire (1) California (2) California Total (Dollars in Thousands) Balance % Balance % Balance % Balance % Owner occupied: Office $ 1,540 23 % $ 4,959 74 % $ 191 3 % $ 6,690 100 % Mixed use — — % — — % 293 100 % 293 100 % Warehouse — — % 1,689 81 % 387 19 % 2,076 100 % Medical/dental office 276 11 % 1,791 74 % 372 15 % 2,439 100 % Restaurant/fast food — — % 690 100 % — — % 690 100 % Total owner occupied 1,816 15 % 9,129 75 % 1,243 10 % 12,188 100 % Non-owner occupied: Office 2,951 15 % 13,837 69 % 3,296 16 % 20,084 100 % Mixed use 505 3 % 6,243 40 % 9,049 57 % 15,797 100 % Retail 1,050 8 % 6,996 56 % 4,455 36 % 12,501 100 % Warehouse 605 6 % 4,774 49 % 4,469 45 % 9,848 100 % Mobile home park 4,859 70 % 358 5 % 1,692 25 % 6,909 100 % Medical/dental office 1,797 39 % 2,159 46 % 689 15 % 4,645 100 % Automotive - non gasoline — — % 578 100 % — — % 578 100 % Restaurant/fast food — — % 500 100 % — — % 500 100 % Live/work — — % — — % 299 100 % 299 100 % Total non-owner occupied 11,767 16 % 35,445 50 % 23,949 34 % 71,161 100 % Total commercial real estate $ 13,583 16 % $ 44,574 54 % $ 25,192 30 % $ 83,349 100 % (1) (2) Inland Southern Other June 30, 2023 Empire (1) California (2) California Total (Dollars in Thousands) Balance % Balance % Balance % Balance % Owner occupied: Office $ 2,649 29 % $ 6,436 69 % $ 198 2 % $ 9,283 100 % Mixed use — — % — — % 306 100 % 306 100 % Warehouse — — % 1,733 81 % 400 19 % 2,133 100 % Medical/dental office 281 25 % 453 41 % 383 34 % 1,117 100 % Total owner occupied 2,930 23 % 8,622 67 % 1,287 10 % 12,839 100 % Non-owner occupied: Office 4,420 18 % 14,767 62 % 4,728 20 % 23,915 100 % Mixed use 660 4 % 7,292 41 % 9,662 55 % 17,614 100 % Retail 1,076 8 % 7,353 57 % 4,562 35 % 12,991 100 % Warehouse 623 7 % 5,690 67 % 2,198 26 % 8,511 100 % Mobile home park 4,967 70 % 364 5 % 1,726 25 % 7,057 100 % Medical/dental office 1,910 35 % 3,325 60 % 289 5 % 5,524 100 % Restaurant/fast food — — % 1,014 100 % — — % 1,014 100 % Automotive - non gasoline — — % 485 100 % — — % 485 100 % Live/work — — % — — % 337 100 % 337 100 % Light industrial/ manufacturing — — % 271 100 % — — % 271 100 % Total non-owner occupied 13,656 18 % 40,561 52 % 23,502 30 % 77,719 100 % Total commercial real estate $ 16,586 18 % $ 49,183 54 % $ 24,789 28 % $ 90,558 100 % (1) The Corporation has developed an internal loan grading system to evaluate and quantify loans held for investment with respect to quality and risk. Management continually evaluates the credit quality of the loan portfolio and conducts a quarterly review of the adequacy of the ACL. 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. The collectively evaluated allowance is based on a pooling method for groups of homogeneous loans sharing similar loan characteristics to calculate an allowance which reflects an estimate of lifetime expected credit losses using historical experience, current conditions, and reasonable and supportable forecasts. Loans identified to be individually evaluated have an allowance that is based upon the appraised value of the collateral, less selling costs or discounted cash flow with an appropriate default factor. The Corporation categorizes all 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 – A pass loan ranges 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 Corporation is currently protected and loss is considered unlikely and not imminent. ● Substandard - A substandard loan is inadequately protected by the current sound 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 Corporation 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 Corporation is not warranted. The following table presents the Corporation’s recorded investment in loans by risk categories and gross charge-offs by year of origination as of June 30, 2024: June 30, 2024 Term Loans by Year of Origination Revolving (In Thousands) 2024 2023 2022 2021 2020 Prior Loans Total Mortgage loans: Single-family: Pass $ 19,476 $ 60,688 $ 205,817 $ 149,084 $ 19,606 $ 59,702 $ 14 $ 514,387 Special Mention - - - - - 1,111 - 1,111 Substandard - - - - - 2,593 - 2,593 Total single-family 19,476 60,688 205,817 149,084 19,606 63,406 14 518,091 Current period gross charge-off $ - $ - $ - $ - $ - $ - $ - $ - Multi-family: Pass 10,374 28,892 75,876 86,916 60,938 180,119 - 443,115 Special Mention - - - - - - - - Substandard - - - 478 - 1,589 - 2,067 Total multi-family 10,374 28,892 75,876 87,394 60,938 181,708 - 445,182 Current period gross charge-off $ - $ - $ - $ - $ - $ - $ - $ - Commercial real estate: Pass 3,874 13,763 23,298 4,018 5,450 32,946 - 83,349 Special Mention - - - - - - - - Substandard - - - - - - - - Total commercial real estate 3,874 13,763 23,298 4,018 5,450 32,946 - 83,349 Current period gross charge-off $ - $ - $ - $ - $ - $ - $ - $ - Construction: Pass 1,480 228 984 - - - - 2,692 Special Mention - - - - - - - - Substandard - - - - - - - - Total construction 1,480 228 984 - - - - 2,692 Current period gross charge-off $ - $ - $ - $ - $ - $ - $ - $ - Other: Pass - - - - 95 - - 95 Special Mention - - - - - - - - Substandard - - - - - - - - Total other - - - - 95 - - 95 Current period gross charge-off $ - $ - $ - $ - $ - $ - $ - $ - Commercial business loans: Pass - - 133 - - - 1,239 1,372 Special Mention - - - - - - - - Substandard - - - - - - - - Total commercial business loans - - 133 - - - 1,239 1,372 Current period gross charge-off $ - $ - $ - $ - $ - $ - $ - $ - Consumer loans: Not graded 23 - - - - - - 23 Pass - - - - - - 42 42 Special Mention - - - - - - - - Substandard - - - - - - - - Total consumer loans 23 - - - - - 42 65 Current period gross charge-off $ - $ - $ - $ - $ - $ - $ - $ - Total loans held for investment, gross $ 35,227 $ 103,571 $ 306,108 $ 240,496 $ 86,089 $ 278,060 $ 1,295 $ 1,050,846 Total current period gross charge-offs $ — $ — $ — $ — $ — $ — $ — $ — The following table presents the Corporation’s recorded investment in loans by risk categories by year of origination as of June 30, 2023: June 30, 2023 Term Loans by Year of Origination Revolving (In Thousands) 2023 2022 2021 2020 2019 Prior Loans Total Mortgage loans: Single-family: Pass $ 51,378 $ 216,989 $ 157,015 $ 20,741 $ 11,793 $ 59,451 $ 32 $ 517,399 Special Mention - - - - - - - - Substandard - - - 251 - 1,171 - 1,422 Total single-family 51,378 216,989 157,015 20,992 11,793 60,622 32 518,821 Current period gross charge-off $ - $ - $ - $ - $ - $ - $ - $ - Multi-family: Pass 17,429 77,956 90,926 65,127 59,709 149,456 - 460,603 Special Mention - - 510 - - - - 510 Substandard - - - - - - - - Total multi-family 17,429 77,956 91,436 65,127 59,709 149,456 - 461,113 Current period gross charge-off $ - $ - $ - $ - $ - $ - $ - $ - Commercial real estate: Pass 8,586 23,815 5,527 6,525 9,981 35,577 - 90,011 Special Mention - - - - - - - - Substandard - - - - - 547 - 547 Total commercial real estate 8,586 23,815 5,527 6,525 9,981 36,124 - 90,558 Current period gross charge-off $ - $ - $ - $ - $ - $ - $ - $ - Construction: Pass 94 726 1,116 - - - - 1,936 Special Mention - - - - - - - - Substandard - - - - - - - - Total construction 94 726 1,116 - - - - 1,936 Current period gross charge-off $ - $ - $ - $ - $ - $ - $ - $ - Other: Pass - - - 106 - - - 106 Special Mention - - - - - - - - Substandard - - - - - - - - Total other - - - 106 - - - 106 Current period gross charge-off $ - $ - $ - $ - $ - $ - $ - $ - Commercial business loans: Pass - 171 - - - - 1,394 1,565 Special Mention - - - - - - - - Substandard - - - - - - - - Total commercial business loans - 171 - - - - 1,394 1,565 Current period gross charge-off $ - $ - $ - $ - $ - $ - $ - $ - Consumer loans: Not graded 15 - - - - - - 15 Pass - - - - - - 50 50 Special Mention - - - - - - - - Substandard - - - - - - - - Total consumer loans 15 - - - - - 50 65 Current period gross charge-off $ - $ - $ - $ - $ - $ - $ - $ - Total loans held for investment, gross $ 77,502 $ 319,657 $ 255,094 $ 92,750 $ 81,483 $ 246,202 $ 1,476 $ 1,074,164 Total current period gross charge-offs $ — $ — $ — $ — $ — $ — $ — $ — As required by ASC 326, , The expected loss rates are applied to expected monthly loan balances estimated through the consideration of contractual repayment terms and expected prepayments. The prepayment assumptions applied to expected cash flow over the contractual life of the loans are estimated based on historical and bank-specific experience and the consideration of current and expected conditions and circumstances including the level of interest rates. The prepayment assumptions may be updated by management in the event that changing conditions impact management’s estimate or additional historical data gathered has resulted in the need for a reevaluation. For its reasonable and supportable forecasting of current expected credit losses, the Corporation utilizes a regression model using forecasted economic metrics and historical loss data. The regression model utilized upon implementation of CECL on July 1, 2023 , Management recognizes that there are additional factors impacting risk of loss in the loan portfolio beyond what is captured in the quantitative portion of allowance on collectively evaluated loans. As current and expected conditions may ● Changes in the experience, ability, and depth of lending management and other relevant staff. ● Changes in the value of underlying collateral for collateral-dependent loans. ● The existence and effect of any concentrations of credit, and changes in the level of such concentrations. ● Changes in international, national, regional, and local economic and business conditions and developments that affect the collectability of the portfolio, including the condition of various market segments. ● The effect of other external factors such as competition and legal and regulatory requirements on the level of estimated credit losses in the institution's existing portfolio. ● Changes in the volume and severity of past due loans, the volume of non-performing loans, and the volume and severity of adversely classified or graded loans. ● Changes in the quality of the Corporation’s loan review system. ● Changes in the nature, volume and terms of loans in the portfolio. ● Changes in lending policies and procedures, including changes in underwriting standards and collection, charge-off, and recovery practices not considered elsewhere in estimating credit losses. The qualitative portion of the Corporation’s allowance on collectively evaluated loans are calculated using management judgment, to determine risk categorizations in each of the Q-factors presented above. The amount of qualitative allowance is also contingent upon the relative weighting of the Q-factors according to management’s judgment. Loans that do not share similar risk characteristics are evaluated on an individual basis. When management determines that foreclosure is probable or the borrower is experiencing financial difficulty, the expected credit losses are based on the fair value of collateral at the reporting date, less selling costs. Accrued interest receivable for loans is included in accrued interest receivable in the Consolidated Statements of Financial Condition. The Corporation elected not Pursuant to ASU 2022-02, “Troubled Debt Restructurings and Vintage Disclosures,” the Corporation may agree to different types of modifications, including principal forgiveness, interest rate reductions, term extension, significant payment delay or any combination of modifications noted above. During the fiscal year ended June 30, 2024, there were no loan modifications to borrowers experiencing financial difficulties. Management believes the ACL on loans held for investment is maintained at a level sufficient to provide for expected losses on the Corporation’s loans held for investment based on historical loss experience, current conditions, and reasonable and supportable forecasts. The provision for (recovery of) credit losses is charged (credited) against operations on a quarterly basis, as necessary, to maintain the ACL at appropriate levels. Future adjustments to the ACL 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 previously modified from their original terms, were re-underwritten and identified as modified 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 ACL. For modified loans that are less than 90 days delinquent, the ACL is segregated into (a) individually evaluated allowances for those loans with applicable discounted cash flow calculations still in their modification 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 modified loans) or collateral fair value less estimated selling costs and if the fair value is higher than the loan balance, no allowance is required. A non-performing loan can be restored to accrual status when a borrower is current in payments for six consecutive months. The following tables summarize the Corporation’s ACL and recorded investment in gross loans, by portfolio type, at the dates and for the years indicated. Year Ended June 30, 2024 Commercial Commercial (In Thousands) Single-family Multi-family Real Estate Construction Other Mortgage Business Consumer Total ACL: ACL, beginning of period $ 1,720 $ 3,270 $ 868 $ 15 $ 2 $ 67 $ 4 $ 5,946 Adjustment to ACL for adoption of ASC 326 4,605 (2,614) (786) 47 3 (54) (4) 1,197 (Recovery of) provision for credit losses (30) (61) (16) 35 (4) (2) — (78) Recoveries — — — — — — — — Charge-offs — — — — — — — — ACL, end of period $ 6,295 $ 595 $ 66 $ 97 $ 1 $ 11 $ — $ 7,065 ACL: Individually evaluated for allowances $ 37 $ — $ — $ — $ — $ — $ — $ 37 Collectively evaluated for allowances 6,258 595 66 97 1 11 — 7,028 ACL, end of period $ 6,295 $ 595 $ 66 $ 97 $ 1 $ 11 $ — $ 7,065 Loans held for investment: Individually evaluated for allowances $ 1,134 $ — $ — $ — $ — $ — $ — $ 1,134 Collectively evaluated for allowances 516,957 445,182 83,349 2,692 95 1,372 65 1,049,712 Total loans held for investment, gross $ 518,091 $ 445,182 $ 83,349 $ 2,692 $ 95 $ 1,372 $ 65 $ 1,050,846 ACL on loans as a percentage of gross loans held for investment 1.22 % 0.13 % 0.08 % 3.60 % 1.05 % 0.80 % — % 0.67 % Net (recoveries) charge-offs to average loans receivable, net during the period — % — % — % — % — % — % — % — % Year Ended June 30, 2023 Commercial Commercial (In Thousands) Single-family Multi-family Real Estate Construction Other Mortgage Business Consumer Total ACL: ACL, beginning of period $ 1,383 $ 3,282 $ 816 $ 23 $ 3 $ 52 $ 5 $ 5,564 Provision for (recovery of) credit losses 329 (12) 52 (8) (1) 15 (1) 374 Recoveries 8 — — — — — — 8 Charge-offs — — — — — — — — ACL, end of period $ 1,720 $ 3,270 $ 868 $ 15 $ 2 $ 67 $ 4 $ 5,946 ACL: Individually evaluated for allowances $ 37 $ — $ — $ — $ — $ — $ — $ 37 Collectively evaluated for allowances 1,683 3,270 868 15 2 67 4 5,909 ACL, end of period $ 1,720 $ 3,270 $ 868 $ 15 $ 2 $ 67 $ 4 $ 5,946 Loans held for investment: Individually evaluated for allowances $ 996 $ — $ — $ — $ — $ — $ — $ 996 Collectively evaluated for allowances 517,825 461,113 90,558 1,936 106 1,565 65 1,073,168 Total loans held for investment, gross $ 518,821 $ 461,113 $ 90,558 $ 1,936 $ 106 $ 1,565 $ 65 $ 1,074,164 ACL on loans as a percentage of gross loans held for investment 0.33 % 0.71 % 0.96 % 0.77 % 1.89 % 4.28 % 6.15 % 0.55 % Net (recoveries) charge-offs to average loans receivable, net during the period (0.00) % — % — % — % — % — % — % (0.00) % The following summarizes the components of the net change in the allowance for credit losses for the years indicated: Year Ended June 30, (In Thousands) 2024 2023 Balance, beginning of year $ 5,946 $ 5,564 Adjustment to ACL for adoption of ASC 326 1,197 — (Recovery of) provision for credit losses (78) 374 Recoveries — 8 Charge-offs — — Balance, end of year $ 7,065 $ 5,946 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-performing status when it becomes 90 days past due as to principal or interest or 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 have been (a) collectively evaluated using a pooling method analysis or (b) individually evaluated 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 allowance amount needed or may conclude that no allowance is needed. At or For the Year Ended June 30, 2024 Unpaid Net Average Interest Principal Related Recorded Recorded Recorded Income (In Thousands) Balance Charge-offs Investment ACL (1) Investment Investment Recognized Mortgage loans: Single-family: With a related allowance $ 2,267 $ — $ 2,267 $ (73) $ 2,194 $ 1,627 $ 96 Without a related allowance (2) 427 (25) 402 — 402 444 23 Total single-family loans 2,694 (25) 2,669 (73) 2,596 2,071 119 Total non-performing loans $ 2,694 $ (25) $ 2,669 $ (73) $ 2,596 $ 2,071 $ 119 (1) ACL, specifically assigned to the individual loan. (2) There was no related ACL because the loans were charged-off to their fair value or the fair value of the collateral was higher than the loan balance. At or For the Year Ended June 30, 2023 Unpaid Net Average Interest Principal Related Recorded Recorded Recorded Income (In Thousands) Balance Charge-offs Investment ACL (1) Investment Investment Recognized Mortgage loans: Single-family: With a related allowance $ 1,171 $ — $ 1,171 $ (122) $ 1,049 $ 996 $ 42 Without a related allowance (2) 276 (25) 251 — 251 112 — Total single-family loans 1,447 (25) 1,422 (122) 1,300 1,108 42

Leases

Leases	12 Months Ended
Leases	Jun. 30, 2024
Leases
Leases	Note 4: 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 Consolidated Statements of Financial Condition. At June 30, 2024, all 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. Since 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 Bank utilizes the FHLB - San Francisco interest 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 fiscal years ended June 30, 2024 and 2023, expenses associated with the Corporation’s leases totaled $927,000 and $882,000, respectively, and were recorded in premises and occupancy expenses and equipment expenses in the Consolidated Statements of Operations. The following table presents supplemental information related to operating leases at the date and for the years indicated: As of June 30, (In Thousands) 2024 2023 Consolidated Statements of Condition: Premises and equipment - Operating lease right of use assets $ 1,356 $ 2,147 Accounts payable, accrued interest and other liabilities – Operating lease liabilities $ 1,407 $ 2,169 Year Ended June 30, 2024 2023 Consolidated Statements of Operations: Premises and occupancy expenses from operating leases (1) $ 789 $ 787 Equipment expenses from operating leases (1) 138 95 Total lease expense $ 927 $ 882 Consolidated Statements of Cash Flows: Operating cash flows from operating leases, net $ 884 $ 879 (1) Includes immaterial variable lease costs. The following table provides information related to remaining minimum contractual lease payments and other information associated with the Corporation’s leases as of June 30, 2024: Amount (1) Year Ending June 30, (In Thousands) 2025 $ 678 2026 387 2027 192 2028 156 2029 74 Thereafter — Total contract lease payments $ 1,487 Total liability to make lease payments $ 1,407 Difference in undiscounted and discounted future lease payments $ 80 Weighted average discount rate 3.34 % Weighted average remaining lease term (years) 3.0 (1) Contractual base rents do not include property taxes and other operating expenses due under respective lease agreements.

Premises and Equipment

Premises and Equipment	12 Months Ended
Premises and Equipment	Jun. 30, 2024
Premises and Equipment
Premises and Equipment	Note 5: Premises and Equipment Premises and equipment at June 30, 2024 and 2023 consisted of the following: June 30, (In Thousands) 2024 2023 Land $ 2,853 $ 2,853 Buildings 10,136 10,311 Leasehold improvements 4,065 3,135 Furniture and equipment 5,458 5,226 Automobiles 149 176 Operating lease – right of use assets (1) 1,356 2,147 24,017 23,848 Less accumulated depreciation and amortization (14,704) (14,617) Total premises and equipment, net $ 9,313 $ 9,231 (1) Net of accumulated amortization. Depreciation and amortization expense for the fiscal years ended June 30, 2024 and 2023 amounted to $1.6 million and $1.4 million, respectively.

Deposits

Deposits	12 Months Ended
Deposits	Jun. 30, 2024
Deposits.
Deposits	Note 6: Deposits Deposits at June 30, 2024 and 2023 consisted of the following: June 30, 2024 June 30, 2023 (Dollars in Thousands) Interest Rate Amount Interest Rate Amount Checking deposits – noninterest-bearing — $ 95,627 — $ 103,006 Checking deposits – interest-bearing (1) 0.00% - 0.20% 254,624 0.00% - 0.20% 302,872 Savings deposits (1) 0.00% - 4.64% 238,878 0.00% - 0.70% 290,204 Money market deposits (1) 0.00% - 4.64% 25,324 0.00% - 2.00% 33,551 Time deposits: $250 and under (1)(2) 0.00% - 5.35% 226,110 0.00% - 5.25% 192,147 Over $250 0.10% - 5.12% 47,785 0.10% - 5.35% 28,791 Total deposits (3) $ 888,348 $ 950,571 Weighted average interest rate on deposits 1.29 % 0.73 % (1) Certain interest-bearing checking, savings, money market and time deposits require a minimum balance to earn interest. (2) Includes brokered certificates of deposit of $131.8 million and $106.4 million at June 30, 2024 and 2023, respectively. (3) Includes uninsured deposits of approximately $122.7 million and $140.1 million at June 30, 2024 and 2023, respectively. The aggregate annual maturities of time deposits at June 30, 2024 and 2023 were as follows: June 30, (In Thousands) 2024 2023 One year or less $ 245,713 $ 166,501 Over one to two years 19,604 37,062 Over two to three years 3,779 9,922 Over three to four years 1,896 3,069 Over four to five years 1,649 2,578 Over five years 1,254 1,806 Total time deposits $ 273,895 $ 220,938 Interest expense on deposits for the years indicated is summarized as follows: Year Ended June 30, (In Thousands) 2024 2023 Checking deposits – interest-bearing $ 118 $ 140 Savings deposits 313 168 Money market deposits 172 87 Time deposits 9,063 2,751 Total interest expense on deposits $ 9,666 $ 3,146 At June 30, 2024, the Bank had related party deposits of approximately $6.3 million, compared to $8.1 million at June 30, 2023. At June 30, 2024 and 2023, deposits with negative balances (i.e. overdrafts) that were reclassified to loans held for investment totaled $24,000 and $15,000, respectively. The Bank is required to maintain reserve balances with the Federal Reserve Bank of San Francisco. Effective March 26, 2020, the FRB lowered the reserve ratios on transaction accounts maintained at a depository institution to zero percent so there was no required reserve balance at June 30, 2024 and 2023.

Borrowings

Borrowings	12 Months Ended
Borrowings	Jun. 30, 2024
Borrowings
Borrowings	Note 7: Borrowings As of June 30, 2024, the Bank’s FHLB – San Francisco maximum borrowing capacity was approximately $516.0 million, which is limited to 40% of total assets reported on the Bank’s quarterly Call Report. This borrowing capacity was collateralized by pledges of certain real estate loans with an aggregate loan balance of $774.1 million and investment securities of $3.9 million. As of June 30, 2024, the Bank’s borrowings from the FHLB – San Francisco were $238.5 million, with varying maturity dates through the year 2028. In addition, the Bank utilizes its borrowing facility for letters of credit and for the Mortgage Partnership Finance (“MPF”) program credit enhancement. The outstanding letters of credit was $16.0 million and the outstanding MPF credit enhancement was $216,000 at June 30, 2024. As of June 30, 2024, the remaining borrowing capacity with the FHLB – San Francisco was $261.3 million. As of June 30, 2023, the Bank’s FHLB – San Francisco maximum borrowing capacity was approximately $534.1 million, which is limited to 40% of total assets reported on the Bank’s quarterly Call Report. This borrowing capacity was collateralized by pledges of certain real estate loans with an aggregate loan balance of $967.6 million and investment securities of $4.2 million. As of June 30, 2023, the Bank’s borrowings from the FHLB – San Francisco were $235.0 million, with varying maturity dates through the year 2028. In addition, the Bank utilizes its borrowing facility for letters of credit and for the MPF program credit enhancement. The outstanding letters of credit were $11.0 million and the outstanding MPF credit enhancement was $216,000 at June 30, 2023. As of June 30, 2023, the remaining borrowing capacity with FHLB – San Francisco was $287.9 million. In addition, as of June 30, 2024 and 2023, the Bank had $208.6 million and $139.0 million of borrowing capacity available from the discount window facility at the FRB of San Francisco, respectively, collateralized by investment securities and loans held for investment at June 30, 2024 and collateralized by investment securities only at June 30, 2023. As of June 30, 2024 and 2023, the Bank also had a borrowing arrangement in the form of a federal funds facility with its correspondent bank for $50.0 million at both dates. The Bank intends to request a renewal of its borrowing arrangement with the correspondent bank prior to maturity on June 30, 2025. As of both June 30, 2024 and 2023, there were no outstanding borrowings under the discount window facility or the federal funds facility. Borrowings at June 30, 2024 and 2023 consisted of the following: June 30, (In Thousands) 2024 2023 FHLB - San Francisco advances $ 238,500 $ 235,009 As a member of the FHLB – San Francisco, the Bank is required to maintain a minimum investment in FHLB – San Francisco capital stock. At June 30, 2024 and 2023, the Bank held a stock investment of $9.6 million and $9.5 million, respectively, with no excess capital stock. During fiscal 2024 and 2023, the Bank purchased $63,000 and $1.3 million of FHLB - San Francisco capital stock, respectively. In fiscal 2024 and 2023, the FHLB – San Francisco distributed $793,000 and $556,000 of cash dividends, respectively, to the Bank. The following tables set forth certain information regarding borrowings by the Bank at the dates and for the years indicated: At or For the Year Ended June 30, (Dollars in Thousands) 2024 2023 Balance outstanding at the end of year: FHLB - San Francisco advances $ 238,500 $ 235,009 Weighted average rate at the end of year: FHLB - San Francisco advances 4.88 % 4.34 % Maximum amount of borrowings outstanding at any month end: FHLB - San Francisco advances $ 242,500 $ 235,009 Average short-term borrowings during the year with respect to: (1) FHLB - San Francisco advances $ 127,506 $ 113,688 Weighted average short-term borrowing rate during the year with respect to: (1) FHLB - San Francisco advances 4.70 % 3.87 % (1) Borrowings with a remaining term of 12 months or less. The aggregate annual contractual maturities of borrowings at June 30, 2024 and 2023 were as follows: June 30, (Dollars in Thousands) 2024 2023 Within one year $ 145,500 $ 150,009 Over one to two years 68,000 70,000 Over two to three years 10,000 10,000 Over three to four years 5,000 — Over four to five years 10,000 5,000 Over five years — — Total borrowings $ 238,500 $ 235,009 Weighted average interest rate 4.88 % 4.34 %

Income Taxes

Income Taxes	12 Months Ended
Income Taxes	Jun. 30, 2024
Income Taxes
Income Taxes	Note 8: Income Taxes ASC 740, “Income Taxes,” requires the affirmative evaluation that it is more likely than not, based on the technical merits of a tax position, that an enterprise is entitled to economic benefits resulting from positions taken in income tax returns. If a tax position does not meet the more-likely-than-not recognition threshold, the benefit of that position is not recognized in the financial statements. Management has determined that there were no unrecognized tax benefits to be reported in the Corporation’s consolidated financial statements for the fiscal years ended June 30, 2024 and 2023. Under generally accepted accounting principles, the Corporation uses the asset and liability method of accounting for income taxes. Under this method, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The Corporation’s effective tax rate may differ from the estimated statutory tax rates described above due to discrete items such as further adjustments to net deferred tax assets, excess tax benefits derived from stock option exercises and non-taxable earnings from bank owned life insurance, among other items. The Corporation utilizes the asset and liability method of accounting for income taxes whereby deferred tax assets are recognized for deductible temporary differences and tax credit carryforwards and deferred tax liabilities are recognized for taxable temporary differences. Temporary differences are the differences between the reported amounts of assets and liabilities and their tax bases. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. Deferred tax assets and liabilities are adjusted for the effect of changes in tax laws and rates on the date of enactment. The provision for income taxes for the years indicated consisted of the following: Year Ended June 30, (In Thousands) 2024 2023 Current: Federal $ 2,161 $ 1,638 State 1,278 955 3,439 2,593 Deferred: Federal (238) 783 State (165) 448 (403) 1,231 Provision for income taxes $ 3,036 $ 3,824 The Corporation’s tax expense from non-qualified stock-based compensation recognized in the Consolidated Statements of Operations in connection with the adoption of ASU 2016-09 for fiscal 2024 and 2023 was $0 and $186,000, respectively. The provision for income taxes differs from the amount of income tax determined by applying the applicable U.S. statutory federal income tax rate to net income before income taxes as a result of the following differences for the years indicated: Year Ended June 30, 2024 2023 (In Thousands) Amount Tax Rate Amount Tax Rate Federal income tax at statutory rate $ 2,181 21.00 % $ 2,607 21.00 % State income tax, net of federal income tax benefit 880 8.48 % 1,107 8.92 % Changes in taxes resulting from: Bank-owned life insurance (39) (0.38) % (39) (0.31) % Non-deductible expenses 12 0.12 % 11 0.09 % Shortfall on stock-based compensation — — % 132 1.06 % Return to provision adjustment (1) (0.01) % 4 0.03 % Other 3 0.02 % 2 0.01 % Effective income tax $ 3,036 29.23 % $ 3,824 30.80 % Deferred tax assets at June 30, 2024 and 2023 by jurisdiction were as follows: June 30, (In Thousands) 2024 2023 Deferred taxes - federal $ 404 $ 179 Deferred taxes - state 202 39 Total net deferred tax assets $ 606 $ 218 Net deferred tax assets at June 30, 2024 and 2023 were comprised of the following: June 30, (In Thousands) 2024 2023 Loss reserves $ 2,387 $ 2,032 Non-accrued interest 175 188 Deferred compensation 2,388 2,339 Accrued vacation 187 194 Depreciation 174 155 State tax 203 199 Unrealized loss on investment securities 4 19 Lease liability 448 691 Other 208 288 Total deferred tax assets 6,174 6,105 FHLB - San Francisco stock dividends (645) (645) Prepaid expenses (39) (45) Unrealized gain on interest-only strips (3) (3) Right-of-use asset (432) (684) Deferred loan costs, net (4,449) (4,510) Total deferred tax liabilities (5,568) (5,887) Net deferred tax assets $ 606 $ 218 The net deferred tax assets were included in prepaid expenses and other assets in the Consolidated Statements of Financial Condition. The Corporation analyzes the deferred tax assets to determine whether a valuation allowance is required based on the more-likely-than-not criteria that such assets will be realized principally through future taxable income. This criteria takes into account the actual earnings and the estimates of future profitability. The Corporation may carryback net federal tax losses to the preceding five taxable years and forward to the succeeding 20 taxable years. At June 30, 2024 and 2023, the Corporation had no federal and state net tax loss carryforwards. Based on management’s consideration of historical and anticipated future income before income taxes, as well as the reversal period for the items giving rise to the deferred tax assets and liabilities, a valuation allowance was not considered necessary at June 30, 2024 and 2023 and management believes it is more likely than not the Corporation will realize its deferred tax asset. Retained earnings at June 30, 2024 and 2023 include approximately $9.0 million (pre-1988 bad debt reserve for tax purposes) for which federal income tax of $3.1 million has not been provided. If the amounts that qualify as deductions for federal income tax purposes are later used for purposes other than for bad debt losses, including distribution in liquidation, they will be subject to federal income tax at the then-current corporate tax rate. If those amounts are not so used, they will not be subject to tax even in the event the Bank were to convert its charter from a thrift to a bank. The Corporation files income tax returns for the United States and California jurisdictions. The Internal Revenue Service has audited the Bank’s income tax returns through 1996 and the California Franchise Tax Board has audited the Bank through 1990. Also, the Internal Revenue Service completed a review of the Corporation’s income tax returns for fiscal 2006 and 2007; and the California Franchise Tax Board completed a review of the Corporation’s income tax returns for fiscal 2009 and 2010. Fiscal years 2022 and thereafter remain subject to federal examination, while the California state tax returns for fiscal years 2021 and thereafter are subject to examination by state taxing authorities. It is the Corporation’s policy to record any penalties or interest charges arising from federal or state taxes as a component of income tax expense. For the fiscal years ended June 30, 2024 and 2023, there were no tax penalties and no interest charges arising from federal or state taxes.

Capital

Capital	12 Months Ended
Capital	Jun. 30, 2024
Capital
Capital	Note 9: Capital The Bank is subject to various regulatory capital requirements administered by the federal banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory and possibly additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the Corporation’s financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Bank must meet specific capital guidelines that involve quantitative measures of the Bank’s assets, liabilities and certain off-balance-sheet items as calculated under regulatory accounting practices. The Bank’s capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings and other factors. For a bank holding company such as the Corporation with less than $3.0 billion in assets, the capital guidelines apply on a bank only basis. The FRB expects the holding company’s subsidiary bank to be well capitalized under the prompt corrective action regulations. If the Corporation was subject to regulatory guidelines for bank holding companies at June 30, 2024, it would have exceeded all regulatory capital requirements. The Bank is subject to capital regulations which establish minimum required capital ratios for Tier 1 leverage, common equity Tier 1 (“CET1”), Tier 1 risk-based and total risk-based capital. Additionally, a capital conservation buffer is required over the required minimum capital ratios, and capital regulations also defines what qualifies as capital for purposes of meeting the capital requirements. Failure to meet minimum requirements can initiate certain mandatory and possibly additional discretionary actions by bank regulators that, if undertaken, could have a direct material effect on the Corporation’s financial statements. In addition to the minimum capital ratios, the Bank must maintain a capital conservation buffer consisting of additional CET1 capital greater than 2.5% above the required minimum levels in order to avoid limitations on paying dividends, engaging in share repurchases, and paying discretionary bonuses based on percentages of eligible retained income that could be utilized for such actions. The Bank’s actual and required minimum capital amounts and ratios at the dates indicated are as follows (dollars in thousands): Regulatory Requirements Minimum for Capital Minimum to Be Actual Adequacy Purposes (1) Well Capitalized Amount Ratio Amount Ratio Amount Ratio Provident Savings Bank, F.S.B.: As of June 30, 2024 (2) Tier 1 leverage capital (to adjusted average assets) $ 126,601 10.02 % $ 50,555 4.00 % $ 63,194 5.00 % CET1 capital (to risk-weighted assets) $ 126,601 19.29 % $ 45,934 7.00 % $ 42,653 6.50 % Tier 1 capital (to risk-weighted assets) $ 126,601 19.29 % $ 55,777 8.50 % $ 52,496 8.00 % Total capital (to risk-weighted assets) $ 133,723 20.38 % $ 68,900 10.50 % $ 65,620 10.00 % As of June 30, 2023 Tier 1 leverage capital (to adjusted average assets) $ 125,979 9.59 % $ 52,521 4.00 % $ 65,651 5.00 % CET1 capital (to risk-weighted assets) $ 125,979 18.50 % $ 47,674 7.00 % $ 44,269 6.50 % Tier 1 capital (to risk-weighted assets) $ 125,979 18.50 % $ 57,890 8.50 % $ 54,485 8.00 % Total capital (to risk-weighted assets) $ 131,967 19.38 % $ 71,511 10.50 % $ 68,106 10.00 % (1) Inclusive of the conservation buffer of 2.50% for CET1 capital, Tier 1 capital and Total capital ratios . (2) The Bank elected to recognize the full $824 thousand adjustment to retained earnings resulting from the adoption of CECL on July 1, 2023 instead of over the permitted three-year phase-in option . At June 30, 2024, the Bank exceeded all regulatory capital requirements. The Bank was categorized as "well-capitalized" at June 30, 2024 under the regulations of the Office of the Comptroller of the Currency (“OCC”). The ability of Provident Financial Holdings to pay dividends to stockholders depends primarily on the ability of the Bank to pay dividends to Provident Financial Holdings. Provident Financial Holdings and the Bank may not declare or pay cash dividends on or repurchase any of its shares of common stock, if the effect would cause stockholders’ equity to be reduced below applicable regulatory capital maintenance requirements or if such declaration and payment would otherwise violate regulatory requirements. Generally, savings institutions, such as the Bank, that are well-capitalized before and after the proposed distribution may make capital distributions during any calendar year up to 100% of net income for the year-to-date plus retained net income for the two preceding years. However, an institution deemed to be in need of more than normal supervision or classified as troubled condition by the OCC may have its dividend authority restricted by the OCC. If the Bank, however, proposes to make a capital distribution when it does not meet its capital requirements (or will not following the proposed capital distribution) or that will exceed the net income-based limitations, it must obtain the OCC's approval prior to making such distribution. In addition, the Bank must file a prior written notice of a dividend with the FRB. The FRB or the OCC may object to a capital distribution based on safety and soundness concerns. Additional restrictions on Bank dividends may apply if the Bank fails the Qualified Thrift Lender test. In fiscal 2024 and 2023, the Bank declared and paid $7.0 million and $9.5 million of cash dividends to its parent, Provident Financial Holdings, respectively.

Benefit Plans

Benefit Plans	12 Months Ended
Benefit Plans	Jun. 30, 2024
Benefit Plans
Benefit Plans	Note 10: Benefit Plans The Corporation has a 401(k) defined-contribution plan covering all employees meeting specific age and service requirements. Under the plan, employees may contribute to the plan from their pretax compensation up to the limits set by the Internal Revenue Service. The Corporation makes matching contributions up to 3% of a participants’ pretax compensation. Participants vest immediately in their own contributions with 100% vesting in the Corporation’s contributions occurring after six years of credited service. The Corporation’s expense for the plan was approximately $303,000 and $306,000 for the fiscal years ended June 30, 2024 and 2023, respectively. The Corporation has a multi-year employment agreement and a post-retirement compensation agreement with one executive officer. In addition, the Corporation has a transition agreement and a post-retirement compensation agreement with the previous executive officer (currently the Chairman of the Board of Directors). At June 30, 2024 and 2023, the accrued liability of the post-retirement compensation agreements was $5.7 million at both dates; any costs (recoveries) are being accrued and expensed quarterly. In fiscal 2024, the increase in the discount rate and a lower life expectancy was offset by a higher current compensation. For fiscal 2024 and 2023, the accrued expense (recovery) for these liabilities was $85,000 and $(1.1 million), respectively. The current obligation for these post-retirement benefits was fully funded consistent with contractual requirements and actuarially determined estimates of the total future obligation. The Corporation invests in BOLI to provide sufficient funding for these post-retirement obligations. As of June 30, 2024 and 2023, the total outstanding cash surrender value of the BOLI was $8.6 million and $8.4 million, respectively. For fiscal 2024 and 2023, total BOLI non-taxable income, net of mortality cost, was $186,000 for both periods. Employee Stock Ownership Plan The Corporation established an ESOP on June 27, 1996 for all employees who are age 21 or older and have completed one year of service with the Corporation during which they have served a minimum of 1,000 The Corporation recognizes compensation expense when the Corporation contributes funds to the ESOP for the purchase of the Corporation’s common stock to be allocated to the ESOP participants. The Corporation's contribution to the ESOP plan is discretionary. During fiscal 2024 and 2023, there were 40,000 shares for each year that were purchased in the open market to fulfill the annual discretionary allocation. Since the annual contributions are discretionary, the benefits payable under the ESOP cannot be estimated. Benefits generally become 100% vested after six years of credited service. Vesting accelerates upon retirement, death or disability of the participant or in the event of a change in control of the Corporation. Forfeitures are reallocated among remaining participating employees in the same proportion as contributions. Benefits are payable upon death, retirement, early retirement, disability or separation from service. The net expense related to the ESOP for the fiscal years ended June 30, 2024 and 2023 was $540,000 and $563,000, respectively. Available shares and cash contributions, if any, are allocated every calendar year end. The total ESOP allocation for calendar 2023 was 40,000 shares, as compared to 20,000 shares and $317,000 of cash contributions for calendar 2022.

Incentive Plans

Incentive Plans	12 Months Ended
Incentive Plans	Jun. 30, 2024
Incentive Plans
Incentive Plans	Note 11: Incentive Plans As of June 30, 2024, the Corporation had four share-based compensation plans: the 2022 Equity Incentive Plan (“2022 Plan”); the 2013 Equity Incentive Plan (“2013 Plan”); the 2010 Equity Incentive Plan (“2010 Plan”); and the 2006 Equity Incentive Plan (“2006 Plan”), collectively, the “Plans”. For the fiscal years ended June 30, 2024 and 2023, the compensation cost for the Plans was $240,000 and $1.2 million, respectively. Equity Incentive Plans. Equity Incentive Plans - Stock Options. director, director emeritus, officer or employee remains in service to the Corporation. The options are exercisable after vesting for up to the remaining term of the original grant. The maximum term of the options granted is 10 years. The fair value of each option grant is estimated using the Black-Scholes option valuation model with the following assumptions as of the grant date for the periods indicated. The expected volatility is based on implied volatility from historical common stock closing prices for the prior 84 months. The expected dividend yield is based on the most recent quarterly dividend on an annualized basis. The expected term is based on the historical experience of all fully vested stock option grants and is reviewed annually. The risk-free interest rate is based on the U.S. Treasury note rate with a term similar to the underlying stock option on the particular grant date. Fiscal 2024 Fiscal 2023 Expected volatility 21.6% - 22.9 % 20.3 % Weighted average volatility 22.5 % 20.3 % Expected dividend yield 4.5 % 3.9 % Expected term (in years) 7.4 7.3 Risk-free interest rate 4.3 % 2.9 % As of June 30, 2024, there were 77,000 options available for future grants under the 2022 Plan. As of June 30, 2023, there were 175,000 options available for future grants under the 2022 Plan and 21,000 options available for future grants under the 2013 Plan. The following tables summarize the stock option activity in the Plans during the fiscal years ended June 30, 2024 and 2023: Weighted Weighted Average Aggregate Average Remaining Intrinsic Exercise Contractual Value Options Shares Price Term (Years) ($000) Outstanding at June 30, 2022 431,000 $ 16.24 Granted 30,000 $ 14.52 Exercised — $ — Forfeited (7,500) $ 20.19 Expired (19,000) $ 16.47 Outstanding at June 30, 2023 434,500 $ 16.04 3.01 $ — Vested and expected to vest at June 30, 2023 425,700 $ 16.06 2.89 $ — Exercisable at June 30, 2023 390,500 $ 16.13 2.34 $ — Outstanding at June 30, 2023 434,500 $ 16.04 Granted 98,000 $ 12.44 Exercised — $ — Forfeited (5,000) $ 14.52 Expired (47,500) $ 15.71 Outstanding at June 30, 2024 480,000 $ 15.35 3.29 $ — Vested and expected to vest at June 30, 2024 475,950 $ 16.36 3.25 $ — Exercisable at June 30, 2024 355,000 $ 16.18 1.14 $ — As of June 30, 2024 and 2023, there was $231,000 and $72,000 of unrecognized compensation expense, respectively, related to unvested share-based compensation arrangements with respect to stock options issued under the Plans. The expense is expected to be recognized over a weighted average period of 3.5 years and 2.9 years, respectively. The forfeiture rate during fiscal 2024 and 2023 was 15% and 20%, respectively, and was calculated by using the historical forfeiture experience of all fully vested stock option grants which is reviewed annually. Equity Incentive Plans – Restricted Stock. As of June 30, 2024, there were 69,000 shares available for future awards under the 2022 Plan. As of June 30, 2023, there were 200,000 shares available for future awards under the 2022 Plan and 18,250 shares available for future awards under the 2013 Plan. The following table summarizes the restricted stock activity for the fiscal years ended June 30, 2024 and 2023: Weighted Average Award Date Unvested Shares Shares Fair Value Unvested at June 30, 2022 94,750 $ 18.57 Awarded 53,000 $ 12.95 Vested (93,750) $ 18.57 Forfeited (3,000) $ 14.82 Unvested at June 30, 2023 51,000 $ 12.95 Expected to vest at June 30, 2023 40,800 $ 12.95 Unvested at June 30, 2023 51,000 $ 12.95 Awarded 131,000 $ 11.08 Vested (2,000) $ 12.09 Forfeited (3,350) $ 12.95 Unvested at June 30, 2024 176,650 $ 11.57 Expected to vest at June 30, 2024 150,153 $ 11.57 As of June 30, 2024 and 2023, the unrecognized compensation expense was $1.8 million and $544,000, respectively, related to unvested share-based compensation arrangements with respect to restricted stock issued under the Plans, and reported as a reduction to stockholders’ equity. This expense is expected to be recognized over a weighted average period of 3.5 years and 3.1 years, respectively. Similar to stock options, a forfeiture rate of 15% and 20% was applied to the restricted stock compensation expense calculations in fiscal 2024 and 2023, respectively. For the fiscal years ended June 30, 2024 and 2023, the fair value of shares vested and distributed was $24,000 and $1.1 million, respectively.

Earnings Per Share

Earnings Per Share	12 Months Ended
Earnings Per Share	Jun. 30, 2024
Earnings Per Share
Earnings Per Share	Note 12: 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 June 30, 2024 and 2023, there were outstanding options to purchase 480,000 shares and 434,500 shares of the Corporation’s common stock, of which 382,000 shares and 434,500 shares, respectively, were excluded from the diluted EPS computation as their effect was anti-dilutive. As of June 30, 2024 and 2023, there were outstanding restricted stock awards of 176,650 shares and 51,000 shares, respectively. The following table provides the basic and diluted EPS computations for the fiscal years ended June 30, 2024 and 2023, respectively: For the Year Ended June 30, 2024 Income Shares Per-Share (Dollars in Thousands, Except Share Amount) (Numerator) (Denominator) Amount Basic EPS $ 7,351 6,942,918 $ 1.06 Effect of dilutive shares: Stock options 76 Restricted stock 16,149 Diluted EPS $ 7,351 6,959,143 $ 1.06 For the Year Ended June 30, 2023 Income Shares Per-Share (Dollars in Thousands, Except Share Amount) (Numerator) (Denominator) Amount Basic EPS $ 8,592 7,143,273 $ 1.20 Effect of dilutive shares: Stock options — Restricted stock 48,412 Diluted EPS $ 8,592 7,191,685 $ 1.19

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
Commitments and Contingencies	Jun. 30, 2024
Commitments and Contingencies.
Commitments and Contingencies	Note 13: Commitments and Contingencies Periodically, there have been various claims and lawsuits involving the Corporation, such as claims to enforce liens, condemnation proceedings on properties in which the Corporation holds security interests, claims involving the making and servicing of real property loans, employment matters and other issues in the ordinary course of and incidental to the Corporation’s business. These proceedings and the associated legal claims are often contested and the outcome of individual matters is not always predictable. Additionally, in some actions, it is difficult to assess potential exposure because the Corporation is still in the early stages of the litigation. The Corporation is not a party to any pending legal proceedings that it believes would have a material adverse effect on its financial condition, operations or cash flows. The Corporation conducts a portion of its operations in leased facilities and has maintenance contracts under non-cancelable agreements classified as operating leases, which include leases recorded under ASC 842 on liabilities for future lease obligations as well as assets representing the right-to-use the underlying leased assets (See Note 4 of the Notes to Consolidated Financial Statements). The following is a schedule of the Corporation’s lease and operating commitments: Amount Year Ending June 30, (In Thousands) 2025 $ 1,837 2026 1,139 2027 358 2028 156 2029 74 Thereafter — Total minimum payments required $ 3,564 For the fiscal years ended June 30, 2024 and 2023, the lease and operating commitment expense was approximately $2.3 million and $1.9 million, respectively. The Bank sold single-family mortgage loans to unrelated third parties with standard representation and warranty provisions in the ordinary course of its business activities. Under these provisions, the Bank is required to repurchase any previously sold loan for which the representations or warranties of the Bank prove to be inaccurate, incomplete or misleading. In the event of a borrower default or fraud, pursuant to a breached representation or warranty, the Bank may be required to reimburse the investor for any losses suffered. As of June 30, 2024 and 2023, the Bank maintained a non-contingent recourse liability related to these representations and warranties of $18,000 and $25,000, respectively. In addition, the Bank maintained a recourse liability of $8,000 at both June 30, 2024 and 2023 for loans sold to the FHLB – San Francisco under the MPF program. In the ordinary course of business, the Corporation enters into contracts with third parties under which the third parties provide services on behalf of the Corporation. In many of these contracts, the Corporation agrees to indemnify the third party service provider under certain circumstances. The terms of the indemnity vary from contract to contract and the amount of the indemnification liability, if any, cannot be determined. The Corporation also enters into other contracts and agreements; such as, loan sale agreements, litigation settlement agreements, confidentiality agreements, loan servicing agreements, leases and subleases, among others, in which the Corporation agrees to indemnify third parties for acts by the Corporation’s agents, assignees and/or sub-lessees, and employees. Due to the nature of these indemnification provisions, the Corporation cannot calculate its aggregate potential exposure. Pursuant to their governing instruments, the Corporation and its subsidiaries provide indemnification to directors, officers, employees and, in some cases, agents of the Corporation against certain liabilities incurred as a result of their service on behalf of or at the request of the Corporation and its subsidiaries. It is not possible for the Corporation to determine the aggregate potential exposure resulting from the obligation to provide this indemnity.

Derivative and Other Financial

Derivative and Other Financial Instruments with Off-Balance Sheet Risks	12 Months Ended
	Jun. 30, 2024
Derivative and Other Financial Instruments with Off-Balance Sheet Risks
Derivative and Other Financial Instruments with Off-Balance Sheet Risks	Note 14: 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 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 June 30, 2024 and 2023, the Corporation had commitments to extend credit on loans to be held for investment of $9.4 million and $2.4 million, respectively. The following table provides information at the dates indicated regarding 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: June 30, Commitments 2024 2023 (In Thousands) Undisbursed loan funds – Construction loans $ 435 $ 2,032 Undisbursed lines of credit – Commercial business loans 2,936 607 Undisbursed lines of credit – Consumer loans 341 363 Commitments to extend credit on loans to be held for investment 9,387 2,394 Total $ 13,099 $ 5,396

Fair Value of Financial Instrum

Fair Value of Financial Instruments	12 Months Ended
Fair Value of Financial Instruments	Jun. 30, 2024
Fair Value of Financial Instruments
Fair Value of Financial Instruments	Note 15: 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 single-family 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 Loss As of June 30, 2024: Loans held for investment, at fair value $ 1,047 $ 1,200 $ (153) As of June 30, 2023: Loans held for investment, at fair value $ 1,312 $ 1,483 $ (171) 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. Valuation techniques may include the use of discounted cash flow models and similar techniques. 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, other equity investments and interest-only strips; while loans with individually evaluated allowances and mortgage servicing assets (“MSA”) 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, private issue CMO and investment in equity securities. The Corporation utilizes quoted prices in active markets for similar securities for its fair value measurement of MBS and investment in equity securities (Level 2) and broker price indications for similar securities in non-active markets for its fair value measurement of the private issue CMO (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 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). Loans with individually evaluated allowance that are recorded at fair value on a nonrecurring basis are loans which are inadequately protected by the current sound worth and paying capacity of the borrowers or of the collateral pledged. These 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 loan with an individually evaluated allowance is determined based on the discounted cash flow 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 collateral. For commercial real estate loans with an individually evaluated allowance, the fair value is derived from the appraised value of its collateral. Loans with an individually evaluated allowance are reviewed and evaluated on at least a quarterly basis for additional allowance and adjusted accordingly, based on the same factors identified above (Level 3). 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 ACL. These adjustments to the estimated fair value of loans with an individually evaluated allowance may result in increases or decreases to the provision for (recovery of) credit losses recorded in current earnings. The fair value of other equity investments is derived from quoted prices in active markets for the equivalent or similar investments (Level 2). 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 fair value of interest-only strips is derived using the same assumptions that are used to value the related MSA (Level 3). 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 and liabilities measured at fair value on a recurring basis: Fair Value Measurement at June 30, 2024 Using: (In Thousands) Level 1 Level 2 Level 3 Total Assets: Investment securities - available for sale: U.S. government agency MBS $ — $ 1,208 $ — $ 1,208 U.S. government sponsored enterprise MBS — 553 — 553 Private issue CMO — — 88 88 Investment securities - available for sale — 1,761 88 1,849 Loans held for investment, at fair value — — 1,047 1,047 Other equity investments, fair value — 540 — 540 Interest-only strips — — 8 8 Total assets $ — $ 2,301 $ 1,143 $ 3,444 Liabilities: $ — $ — $ — $ — Total liabilities $ — $ — $ — $ — Fair Value Measurement at June 30, 2023 Using: (In Thousands) Level 1 Level 2 Level 3 Total Assets: Investment securities - available for sale: U.S. government agency MBS $ — $ 1,370 $ — $ 1,370 U.S. government sponsored enterprise MBS — 683 — 683 Private issue CMO — — 102 102 Investment securities - available for sale — 2,053 102 2,155 Loans held for investment, at fair value — — 1,312 1,312 Interest-only strips — — 9 9 Total assets $ — $ 2,053 $ 1,423 $ 3,476 Liabilities: $ — $ — $ — $ — Total liabilities $ — $ — $ — $ — The following tables provide a reconciliation of the beginning and ending balances during the periods shown of recurring fair value measurements recognized in the Consolidated Statements of Financial Condition using Level 3 inputs: Fair Value Measurement Using Significant Other Unobservable Inputs (Level 3) Private Loans Held For Interest- Issue Investment, at Only (In Thousands) CMO fair value (1) Strips Total Beginning balance at June 30, 2023 $ 102 $ 1,312 $ 9 $ 1,423 Adjustment due to ASC 326 CECL adoption — 28 — 28 Total gains or losses (realized/unrealized): Included in earnings — (10) — (10) Included in other comprehensive income (loss) (1) — (1) (2) Purchases — — — — Issuances — — — — Settlements (13) (283) — (296) Transfers in and/or out of Level 3 — — — — Ending balance at June 30, 2024 $ 88 $ 1,047 $ 8 $ 1,143 (1) The valuation of loans held for investment at fair value includes management’s estimate of the specific credit risk attributes of each loan, in addition to the quoted secondary-market prices which account for interest rate characteristics. Fair Value Measurement Using Significant Other Unobservable Inputs (Level 3) Private Loans Held For Interest- Issue Investment, at Only (In Thousands) CMO fair value (1) Strips Total Beginning balance at June 30, 2022 $ 113 $ 1,396 $ 7 $ 1,516 Total gains or losses (realized/ unrealized): Included in earnings — 2 — 2 Included in other comprehensive income (loss) 3 — 2 5 Purchases — — — — Issuances — — — — Settlements (14) (86) — (100) Transfers in and/or out of Level 3 — — — — Ending balance at June 30, 2023 $ 102 $ 1,312 $ 9 $ 1,423 (1) The valuation of loans held for investment at fair value includes management’s estimate of the specific credit risk attributes of each loan, in addition to the quoted secondary-market prices which account for interest rate characteristics. The following fair value hierarchy table presents information about the Corporation’s assets measured at fair value at the dates indicated on a nonrecurring basis: Fair Value Measurement at June 30, 2024 Using: (In Thousands) Level 1 Level 2 Level 3 Total Loans with individually evaluated allowance $ — $ — $ 695 $ 695 Mortgage servicing assets — — 87 87 Total $ — $ — $ 782 $ 782 Fair Value Measurement at June 30, 2023 Using: (In Thousands) Level 1 Level 2 Level 3 Total Loans with individually evaluated allowance $ — $ 251 $ 1,049 $ 1,300 Mortgage servicing assets — — 90 90 Total $ — $ 251 $ 1,139 $ 1,390 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 June 30, 2024: Impact to Fair Value Valuation As of from an June 30, Valuation Range (1) Increase in (Dollars In Thousands) 2024 Techniques Unobservable Inputs (Weighted Average) Inputs (2) Assets: Securities available-for sale: Private issue CMO $ 88 Market comparable pricing Comparability adjustment (2.0%) - (6.5%) (2.9%) Increase Loans held for investment, at fair value $ 1,047 Relative value analysis Broker quotes 86.9% - 89.0% (88.2%) of par Increase Credit risk factor 1.0% - 1.1% (1.0%) Decrease Loans with individually evaluated allowance $ 695 Discounted cash flow Default rate 5.0% Decrease Discount rate 6.9% Decrease MSAs $ 87 Discounted cash flow Prepayment rate (CPR) 5.1% - 60.0% (9.6%) Decrease Discount rate 9.0% - 10.5% (9.1%) Decrease Interest-only strips $ 8 Discounted cash flow Prepayment rate (CPR) 7.3% - 12.3% (8.6%) Decrease Discount rate 9.0% 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. The significant unobservable inputs used in the fair value measurement of the Corporation’s assets and liabilities include the following: CMO offered quotes, prepayment rates and discount rates, 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. For the fiscal year ended June 30, 2024, there were no significant changes to the Corporation's valuation techniques and inputs that had, or are expected to have, a material impact on its consolidated financial position or results of operations. The carrying amount and fair value of the Corporation’s other financial instruments as of June 30, 2024 and 2023 were as follows: June 30, 2024 Carrying Fair (In Thousands) Amount Value Level 1 Level 2 Level 3 Financial assets: Loans held for investment, not recorded at fair value $ 1,051,932 $ 973,453 $ — $ — $ 973,453 Investment securities - held to maturity $ 130,051 $ 114,393 $ — $ 114,393 $ — FHLB – San Francisco stock $ 9,568 $ 9,568 $ — $ 9,568 $ — Financial liabilities: Deposits $ 888,348 $ 888,527 $ — $ 888,527 $ — Borrowings $ 238,500 $ 237,691 $ — $ 237,691 $ — June 30, 2023 Carrying Fair (In Thousands) Amount Value Level 1 Level 2 Level 3 Financial assets: Loans held for investment, not recorded at fair value $ 1,076,317 $ 970,277 $ — $ — $ 970,277 Investment securities - held to maturity $ 154,337 $ 135,541 $ — $ 135,541 $ — FHLB – San Francisco stock $ 9,505 $ 9,505 $ — $ 9,505 $ — Financial liabilities: Deposits $ 950,571 $ 949,116 $ — $ 949,116 $ — Borrowings $ 235,009 $ 232,764 $ — $ 232,764 $ — 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. Investment securities - held to maturity: The investment securities - held to maturity consist of U.S. SBA securities, U.S. government sponsored enterprise MBS and U.S. government sponsored enterprise CMO. For the U.S. SBA securities and U.S. government sponsored enterprise MBS and CMO, the Corporation utilizes quoted prices in active markets for similar securities for its fair value measurement (Level 2). FHLB – San Francisco stock is carried at cost/par value and represents its 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 observable inputs, including rates currently offered for deposits of similar remaining maturities. The fair value of transaction accounts (checking, money market and savings accounts) is equal to the carrying amounts payable on demand. 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. For the fiscal year ended June 30, 2024, 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.

Revenue From Contracts With Cus

Revenue From Contracts With Customers	12 Months Ended
Revenue From Contracts With Customers	Jun. 30, 2024
Revenue From Contracts With Customers
Revenue From Contracts With Customers	Note 16: 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 Corporation expects to be entitled to receive. The largest portion of the Corporation’s revenue is from interest income, which is not in the scope of ASC 606. All the Corporation’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 Corporation 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 the Corporation’s systems and is recognized immediately as the transactions occur or upon providing the service to complete the customer's transaction. The Corporation is generally the principal in these contracts, with the exception of interchanges fees, in which case the Corporation 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 its 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 Corporation's non-interest income disaggregated by type of services for the fiscal years ended June 30, 2024 and 2023: Year Ended June 30, Type of Services 2024 2023 (In Thousands) Loan servicing and other fees (1) $ 337 $ 414 Deposit account fees 1,154 1,296 Card and processing fees 1,384 1,525 Other (2) 1,066 840 Total non-interest income $ 3,941 $ 4,075 (1) Not within the scope of ASC 606. (2) Includes income on BOLI of $186 thousand and $186 thousand, net loss on sale of loans of $66 thousand and net gain on sale of loans of $124 thousand and net unrealized gain on other equity investments of $540 thousand and $0 for the fiscal years ended June 30, 2024 and 2023, respectively, which are not within the scope of ASC 606. For the fiscal years ended June 30, 2024 and 2023, substantially all the Corporation’s revenues within the scope of ASC 606 were for performance obligations satisfied at a specified date. Revenues recognized within the scope of ASC 606: Deposit account 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, ATM fees and others. These fees are recognized on a daily, monthly or quarterly basis, depending on the type of service. Card and processing fees: Debit interchange income represents fees earned when a debit card issued by the Bank is used. The Bank earns interchange fees from 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. Other: Includes asset management fees, stop payment fees, wire services fees, safe deposit box fees and 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. Asset management fees are variable, since they are based on the underlying portfolio value, which is subject to market conditions and amounts invested by customers 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.

Holding Company Condensed Finan

Holding Company Condensed Financial Information	12 Months Ended
Holding Company Condensed Financial Information	Jun. 30, 2024
Holding Company Condensed Financial Information
Holding Company Condensed Financial Information	Note 17: Holding Company Condensed Financial Information This information should be read in conjunction with the other notes to the consolidated financial statements. The following is the Condensed Statements of Financial Condition for Provident Financial Holdings (Holding Company only) as of June 30, 2024 and 2023 and Condensed Statements of Operations and Cash Flows for the fiscal years ended June 30, 2024 and 2023. Condensed Statements of Financial Condition June 30, (In Thousands) 2024 2023 Assets Cash and cash equivalents $ 3,385 $ 3,737 Investment in subsidiary 126,601 125,949 Other assets 64 67 $ 130,050 $ 129,753 Liabilities and Stockholders’ Equity Other liabilities $ 109 $ 66 Stockholders’ equity 129,941 129,687 $ 130,050 $ 129,753 Condensed Statements of Operations Year Ended June 30, (In Thousands) 2024 2023 Dividend from the Bank $ 7,000 $ 9,500 Interest and other income 2 3 Total income 7,002 9,503 General and administrative expenses 1,294 1,267 Earnings before income taxes and equity in undistributed earnings of the Bank 5,708 8,236 Income tax benefit (382) (373) Earnings before equity in undistributed earnings of the Bank 6,090 8,609 Equity in undistributed earnings of the Bank 1,261 (17) Net income $ 7,351 $ 8,592 Condensed Statements of Cash Flows Year Ended June 30, (In Thousands) 2024 2023 Cash flow from operating activities: Net income $ 7,351 $ 8,592 Adjustments to reconcile net income to net cash provided by operating activities: Equity in undistributed earnings of the Bank (1,261) 17 Decrease (increase) in other assets 3 (6) Increase in other liabilities 43 29 Net cash provided by operating activities 6,136 8,632 Cash flow from financing activities: Treasury stock purchases (2,601) (4,648) Cash dividends (3,887) (3,998) Net cash used for financing activities (6,488) (8,646) Net decrease in cash during the year (352) (14) Cash and cash equivalents at beginning of year 3,737 3,751 Cash and cash equivalents at end of year $ 3,385 $ 3,737

Subsequent Events

Subsequent Events	12 Months Ended
Subsequent Events	Jun. 30, 2024
Subsequent Events
Subsequent Events	Note 18: Subsequent Events On July 25, 2024, the Corporation announced that the Provident Financial Holdings Board of Directors declared a quarterly cash dividend of $0.14 per share. Shareholders of Provident Financial Holdings common stock at the close of business on August 15, 2024 are entitled to receive the cash dividend, payable on September 5, 2024.

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Thousands	12 Months Ended
Pay vs Performance Disclosure - USD ($) $ in Thousands	Jun. 30, 2024	Jun. 30, 2023
Pay vs Performance Disclosure
Net Income (Loss)	$ 7,351	$ 8,592

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
Insider Trading Arrangements	Jun. 30, 2024
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Organization and Summary of S_2

Organization and Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Jun. 30, 2024
Organization and Summary of Significant Accounting Policies
Basis of presentation	Basis of presentation The consolidated financial statements include the accounts of Provident Financial Holdings, Inc., and its wholly owned subsidiary, Provident Savings Bank, F.S.B. (collectively, the “Corporation”). All inter-company balances and transactions have been eliminated. Provident Savings Bank, F.S.B. (the “Bank”) converted from a federally chartered mutual savings bank to a federally chartered stock savings bank effective June 27, 1996. Provident Financial Holdings, Inc., a Delaware corporation organized by the Bank, acquired all of the capital stock of the Bank issued in the conversion; the transaction was recorded on a book value basis. The Corporation has determined that it operates in one business segment through the Bank. The Bank's activities include attracting deposits, offering banking services and originating and purchasing single-family, multi-family, commercial real estate, construction and other mortgage loans and, to a lesser extent, commercial business and consumer loans held for investment. Deposits are collected primarily from 13 banking locations located in Riverside and San Bernardino counties in California. Additional activities may include originating saleable single-family loans, primarily fixed-rate first mortgages. Loans are primarily originated and purchased in California.
Use of estimates	Use of estimates The accounting and reporting policies of the Corporation conform to generally accepted accounting principles in the United States of America (“GAAP”). The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosures of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the allowance for credit losses, the valuation of investment securities, the valuation of loans held for investment at fair value, deferred tax assets, mortgage servicing assets, real estate owned and deferred compensation costs. The following accounting policies, together with those disclosed elsewhere in the consolidated financial statements, represent the significant accounting policies of Provident Financial Holdings, Inc. and the Bank.
Cash and cash equivalents	Cash and cash equivalents Cash and cash equivalents include cash on hand and due from banks, as well as overnight deposits placed at the FRB – San Francisco and correspondent banks.
Investment securities	Investment securities The Corporation classifies its qualifying investments as available for sale or held to maturity. The Corporation classifies investments as held to maturity when it has the ability and it is management’s positive intent to hold such securities to maturity. Securities held to maturity are carried at amortized historical cost. All other securities are classified as available for sale and are carried at fair value. Fair value generally is determined based upon quoted market prices. Changes in net unrealized gains (losses) on debt securities available for sale are included in accumulated other comprehensive income, net of tax. Gains and losses on sale or dispositions of investment securities are included in non-interest income and are determined using the specific identification method. Purchase premiums and discounts are amortized over the expected average life of the securities using the effective interest method. The Corporation evaluates individual investment securities quarterly for impairment based on Accounting Standards Codification (“ASC”) 326, “Financial Instruments – Credit Losses,” which was adopted on July 1, 2023. The Corporation does not currently intend to sell any investment securities classified as held to maturity or available for sale and as such, records the investment security at book value or fair market value as prescribed by GAAP. As a part of the Corporation’s monthly risk assessment, the Corporation runs a number of stressed liquidity scenarios to determine if it is more likely than not that the Bank will be required to sell the investment security before the recovery of its amortized costs basis. These liquidity scenarios support the Corporation’s assessment that the Corporation has the ability to hold these held to maturity securities until maturity or available for sale securities until recovery of the amortized costs is realized and it is not more likely than not that the Corporation will be required to sell the securities prior to recovery of the amortized costs.
Loans held for investment	Loans held for investment Loans held for investment consist of long-term single-family adjustable and fixed rate loans secured by single-family residences and multi-family and commercial real estate loans secured by commercial property, land and other residential properties, which the Corporation intends to hold for the foreseeable future. These loans are generally offered to customers and businesses located in California. Net loan origination fees and certain direct origination expenses are deferred and amortized to interest income over the contractual life of the loan using the effective interest method. Amortization is discontinued for non-performing loans. Interest receivable represents primarily the current month’s interest, which will be included as a part of the borrower’s next monthly loan payment. Interest receivable is accrued only if deemed collectible. Loans are placed on non-performing status when they become 90 days past due. When a loan is placed on non-performing status, interest accrued but not received is reversed against interest income. Interest income on non-performing loans is subsequently recognized only to the extent that cash is received and the principal balance is deemed collectible. If the principal balance is not deemed collectible, the entire payment received (principal and interest) is applied to the outstanding loan balance. Non-performing loans that become current as to both principal and interest are returned to accrual status after demonstrating satisfactory payment history (usually six consecutive months) and when future payments are expected to be collectible.
Allowance for credit losses	Allowance for credit losses The allowance for credit losses involves significant judgment and assumptions by management, which has a material impact on the carrying value of financial assets. The Corporation adopted ASC 326 using the prospective transition approach for all financial assets measured at amortized cost and off-balance sheet credit exposures. Results for reporting periods beginning after July 1, 2023 are presented under CECL while prior period amounts continue to be reported in accordance with previously applicable accounting standards.
Non-performing loans	Non-performing loans The Corporation assesses loans individually and classifies them as non-performing when the accrual of interest has been discontinued, loans have been modified or management has serious doubts about the future collectability of principal and interest, even though the loans may currently be performing. Factors considered in determining classification include, but are not limited to, expected future cash flows, the financial condition of the borrower and current economic conditions. The Corporation measures each non-performing loan based on ASC 326, establishes a collectively evaluated or individually evaluated allowance, and charges off those loans or portions of loans deemed uncollectible. Loans identified to be individually evaluated have an allowance that is based upon the appraised value of the collateral, less selling costs or discounted cash flow with an appropriate default factor.
Real estate owned	Real estate owned Real estate acquired through foreclosure is initially recorded at the fair value of the real estate acquired, less estimated selling costs. Subsequent to foreclosure, the Corporation charges current earnings for estimated losses if the carrying value of the property exceeds its fair value. Gains or losses on the sale of real estate are recognized upon disposition of the property. Costs relating to improvement, maintenance and repairs of the property are expensed as incurred under gain (loss) on sale and operations of real estate owned acquired in the settlement of loans in the Consolidated Statements of Operations.
Impairment of long-lived assets	Impairment of long-lived assets The Corporation reviews its long-lived assets for impairment annually or when events or circumstances indicate that the carrying amount of these assets may not be recoverable. Long-lived assets include buildings, land, fixtures, furniture and equipment. An asset is considered impaired when the expected discounted cash flows over the remaining useful life are less than the net book value. When impairment is indicated for an asset, the amount of impairment loss is the excess of the net book value over its fair value.
Premises and equipment	Premises and equipment Premises and equipment are stated at cost, less accumulated depreciation and amortization. Depreciation is computed primarily on a straight-line basis over the estimated useful lives as follows: Buildings 10 to 40 years Furniture and fixtures 3 to 10 years Automobiles 3 to 5 years Computer equipment 3 to 5 years Leasehold improvements are amortized over the lesser of their respective lease terms or the useful life of the improvement, which ranges from one
Income taxes	Income taxes The Corporation accounts for income taxes in accordance with ASC 740, “Income Taxes.” ASC 740 requires the affirmative evaluation that it is more likely than not, based on the technical merits of a tax position, that an enterprise is entitled to economic benefits resulting from positions taken in income tax returns. If a tax position does not meet the more-likely-than-not recognition threshold, the benefit of that position is not recognized in the financial statements. ASC 740 requires that when determining the need for a valuation allowance against a deferred tax asset, management must assess both positive and negative evidence with regard to the realizability of the tax losses represented by that asset. To the extent available, if sources of taxable income are insufficient to absorb tax losses, a valuation allowance is necessary. Sources of taxable income for this analysis include prior years’ tax returns, the expected reversals of taxable temporary differences between book and tax income, prudent and feasible tax-planning strategies, and future taxable income. The deferred income tax asset related to the allowance for credit losses will be realized when actual charge-offs are made against the allowance. Based on the availability of loss carry-backs and projected taxable income during the periods for which loss carry-forwards are available, management believes it is more likely than not the Corporation will realize the deferred tax asset. The Corporation continues to monitor the deferred tax asset on a quarterly basis for a valuation allowance. The future realization of these tax benefits primarily hinges on adequate future earnings to utilize the tax benefit. Prospective earnings or losses, tax law changes or capital changes could prompt the Corporation to reevaluate the assumptions which may be used to establish a valuation allowance. As of June 30, 2024 and 2023, the estimated net deferred tax asset, which is included in prepaid expenses and other assets in the Consolidated Statements of Financial Condition, was $606,000 and $218,000, respectively. The Corporation maintains net deferred tax assets for deductible temporary tax differences, such as loss reserves, deferred compensation, non-accrued interest and unrealized gains (losses), among other items. The increase in the net deferred tax asset resulted primarily from higher loss reserves and a decrease in deferred tax liabilities from lower net deferred loan costs. The Corporation did not have any liabilities for uncertain tax positions or any known unrecognized tax benefit at June 30, 2024 or 2023.
Bank owned life insurance ("BOLI")	Bank owned life insurance ("BOLI") ASC 715-60-35, "Accounting for Deferred Compensation and Post-retirement Benefit Aspects of Endorsement Split-Dollar Life Insurance Arrangements," requires an employer to recognize obligations associated with endorsement split-dollar life insurance arrangements that extend into the participant’s post-employment benefit cost for the continuing life insurance or based on the future death benefit depending on the contractual terms of the underlying agreement. The Corporation adopted ASC 715-60-35 using the latter option, i.e., based on the future death benefit. The Bank purchases BOLI policies on the lives of certain executive officers while they are employed by the Bank and is the owner and beneficiary of the policies. The Bank invests in BOLI to provide an efficient form of funding for long-term retirement and other employee benefits costs. The Bank records these BOLI policies within prepaid expenses and other assets in the Consolidated Statements of Financial Condition at each policy’s respective cash surrender value, with net changes recorded in other non-interest income in the Consolidated Statements of Operations.
Cash dividend and Stock repurchases	Cash dividend A declaration or payment of dividends is at the discretion of the Corporation’s Board of Directors, who take into account the Corporation’s financial condition, results of operations, tax considerations, capital requirements, industry standards, economic conditions and other factors, including the regulatory restrictions which affect the payment of dividends by the Bank to the Corporation. Under Delaware law, dividends may be paid either out of surplus or, if there is no surplus, out of net profits for the current fiscal year and/or the preceding fiscal year in which the dividend is declared. For additional information, see Note 18 of the Notes to Consolidated Financial Statements regarding the subsequent event related to the cash dividend. Stock repurchases The Corporation repurchased 197,349 shares of its common stock with an average cost of $13.05 per share during fiscal 2024 pursuant to its publicly announced stock repurchase plans. As of June 30, 2024, a total of 189,116 shares or 54% of the shares authorized for repurchase under the Corporation’s existing stock repurchase plan remain available to purchase until the plan expires on September 28, 2024.
Earnings per common share ("EPS")	Earnings per common share (“EPS”) Basic EPS represents net income divided by the weighted average common shares outstanding during the period excluding any potential dilutive effects. Diluted EPS gives effect to any potential issuance of common stock that would have caused basic EPS to be lower as if the issuance had already occurred. Accordingly, diluted EPS reflects an increase in the weighted average shares outstanding as a result of the assumed exercise of stock options and the vesting of restricted stock. The computation of diluted EPS does not assume exercise of stock options and vesting of restricted stock that would have an anti-dilutive effect on EPS.
Stock-based compensation	Stock-based compensation ASC 718, “Compensation – Stock Compensation,” requires companies to recognize in the Consolidated Statements of Operations the grant-date fair value of stock options and other equity-based compensation issued to employees and directors. Stock-based compensation, inclusive of restricted stock expense, recognized in the Consolidated Statements of Operations for the fiscal years ended June 30, 2024 and 2023 was $240,000 and $1.2 million, respectively.
Employee Stock Ownership Plan ("ESOP")	Employee Stock Ownership Plan ("ESOP") The Corporation recognizes compensation expense when the Bank contributes funds to the ESOP for the purchase of the Corporation’s common stock to be allocated to the ESOP participants. Since the contributions are discretionary, the benefits payable under the ESOP cannot be estimated.
Restricted stock	Restricted stock The Corporation recognizes compensation expense over the vesting period of the shares awarded, equal to the fair value of the shares at the award date. A total of $203,000 and $1.1 million of restricted stock expense was amortized during fiscal 2024 and 2023, respectively.
Post-retirement benefits	Post-retirement benefits The estimated obligation for post-retirement health care and life insurance benefits is determined based on an actuarial computation of the cost of current and future benefits for the eligible (grandfathered) retirees and employees. The post retirement benefit liability is included in accounts payable, accrued interest and other liabilities in the Consolidated Statements of Financial Condition. Effective July 1, 2003, the Corporation discontinued the post-retirement health care and life insurance benefits to any employee not previously qualified (grandfathered) for these benefits, unless included within an employment agreement. At June 30, 2024 and 2023, the accrued liability for post-retirement benefits was $450,000 and $270,000, respectively.
Comprehensive income	Comprehensive income ASC 220, “Comprehensive Income,” requires that realized revenues, expenses, gains and losses be included in net income (loss). Unrealized gains (losses) on available for sale securities and interest-only strips are reported as a separate component of the stockholders’ equity section of the Consolidated Statements of Financial Condition and the change in the unrealized gains (losses) are reported on the Consolidated Statements of Comprehensive Income and Consolidated Statements of Stockholders’ Equity.
Accounting Standard Updates ("ASU")	Accounting Standard Updates (“ASU”) ASU 2023-09: In December 2023, the Financial Accounting Standards Board (“FASB”) issued ASU No. 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures. This ASU requires public business entities to annually (a) disclose specific categories in the rate reconciliation and (b) provide additional information for reconciling items that meet a quantitative threshold of equal to or greater than five percent of the amount computed by multiplying pretax income or loss by the applicable statutory income tax rate. This ASU is effective for annual periods beginning after December 15, 2024. Early adoption is permitted. The Corporation is in the process of reviewing the impact of this ASU and has not yet determined the impact of the adoption of this ASU on its consolidated financial statements. ASU 2023-07: In November 2023, the FASB issued ASU No. 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures. This ASU improves reportable segment disclosure requirements, primarily through enhanced disclosures about significant segment expenses. The key amendments include: (a) introducing a new requirement to disclose significant segment expenses regularly provided to the chief operating decision maker (“CODM”), (b) extending certain annual disclosures to interim periods, (c) clarifying that single reportable segment entities must apply ASC 280 in its entirety, (d) permitting more than one measure of segment profit or loss to be reported under certain conditions, and (e) requiring disclosure of the title and position of the CODM. This ASU is effective for public entities for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. Early adoption is permitted. The Corporation is in the process of reviewing the impact of this ASU and has not yet determined the impact of the adoption of this ASU on its consolidated financial statements. ASU 2020-04: In March 2020, the FASB issued ASU No. 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting. This ASU applies to contracts, hedging relationships and other transactions that reference the London Interbank Offered Rate (“LIBOR”) or other rate references expected to be discontinued as a result of reference rate reform. The ASU permits an entity to make necessary modifications to eligible contracts or transactions without requiring contract remeasurement or reassessment of a previous accounting determination. In January 2021, ASU 2021-01 clarified that certain optional expedients and exceptions in Topic 848 for contract modifications and hedge accounting apply to derivatives that are affected by the changes in the interest rates used for margining, discounting, or contract price alignment for derivative instruments that are being implemented as part of the market-wide transition to new reference rates (commonly referred to as the “discounting transition”). In December 2022, the FASB issued ASU 2022-06, Deferral of the Sunset Date of Topic 848. The FASB had originally included a sunset provision within Topic 848 based on expectations of when the LIBOR would cease being published. In March 2021, it was announced that the intended cessation date of LIBOR was extended to June 30, 2023. As a result, the FASB issued ASU 2022-06 deferring the sunset date of Topic 848 from December 31, 2022 to December 31, 2024. This ASU is effective for all entities as of March 12, 2020 through December 31, 2024. As of June 30, 2023, the Corporation had approximately $469.4 million in loans held for investment with LIBOR ASU 2016-13: In June 2016, the FASB issued ASU 2016-13, “Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments,” and subsequent amendments to the initial guidance. On July 1, 2023, the Corporation adopted this ASU that replaced the incurred loss methodology with the current expected credit loss (“CECL”) methodology. CECL requires an estimate of credit losses for the remaining estimated life of the financial asset using historical experience, current conditions, and reasonable and supportable forecasts and applies to financial assets measured at amortized cost, including loans held for investment, held-to-maturity investment securities and some off-balance sheet credit exposures such as unfunded commitments to extend credit. Financial assets measured at amortized cost will be presented at the net amount expected to be collected by using an allowance for credit losses (“ACL”). In addition, CECL made changes to the accounting for available for sale investment securities. One such change is to require credit losses to be presented as an allowance rather than as a write-down on available for sale debt securities if management does not intend to sell and does not believe that it is more likely than not, they will be required to sell. The Corporation adopted ASC 326, “Financial Instruments – Credit Losses,” and all related subsequent amendments using the prospective transition approach for all financial assets measured at amortized cost and off-balance sheet credit exposures. The transition adjustment of the adoption of CECL included an $1.2 million increase in the ACL, which is presented as a reduction to net loans held for investment. The Corporation recorded a net decrease to retained earnings of $824,000 as of July 1, 2023 for the cumulative effect of adopting CECL, which reflects the transition adjustments noted above, net of the applicable deferred tax assets recorded. Results for reporting periods beginning after July 1, 2023 are presented under CECL while prior period amounts continue to be reported in accordance with previously applicable accounting standards. The Corporation adopted ASC 326 using the prospective transition approach for debt securities for which other-than-temporary impairment had been recognized prior to July 1, 2023. As of June 30, 2023, the Corporation did not have any other-than-temporary impaired investment securities. Therefore, upon adoption of ASC 326, the Corporation determined that an ACL on available for sale securities was not deemed necessary. The following table illustrates the impact on the ACL from the adoption of ASC 326: Allowance for Allowance Impact to credit losses before adoption allowance after ASC under ASC 326 of ASC 326 326 adoption (In Thousands) (07/01/2023) (06/30/2023) (07/01/2023) Assets: Mortgage loans: Single-family $ 6,325 $ 1,720 $ 4,605 Multi-family 656 3,270 (2,614) Commercial real estate 82 868 (786) Construction 62 15 47 Other 5 2 3 Commercial business loans 13 67 (54) Consumer loans — 4 (4) ACL on loans $ 7,143 $ 5,946 $ 1,197 Liabilities: Unfunded loan commitment reserve $ 42 $ 42 $ — In March 2022, FASB issued ASU 2022-02, “Financial Instruments - Credit Losses (Topic 326) Troubled Debt Restructurings and Vintage Disclosures.” This ASU eliminates the concept and treatment of troubled debt restructurings (“TDR”) in relation to the adoption of the CECL model for the accounting for credit losses (see note above regarding ASU 2016-13). The new disclosure requirements are adopted in regards to loan modifications made to borrowers experiencing financial difficulties. The required disclosures regarding gross write-offs for financing receivables by year of origination and loan modifications are presented under Note 3 of the Notes to Consolidated Financial Statements. Subsequent to the adoption of ASC 326 on July 1, 2023, the Corporation did have any loan modifications for borrowers experiencing financial difficulties during fiscal 2024.

Organization and Summary of S_3

Organization and Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Jun. 30, 2024
Organization and Summary of Significant Accounting Policies
Schedule of Estimated Useful Lives	Buildings 10 to 40 years Furniture and fixtures 3 to 10 years Automobiles 3 to 5 years Computer equipment 3 to 5 years
Schedule of ACL from the adoption of ASC 326	Allowance for Allowance Impact to credit losses before adoption allowance after ASC under ASC 326 of ASC 326 326 adoption (In Thousands) (07/01/2023) (06/30/2023) (07/01/2023) Assets: Mortgage loans: Single-family $ 6,325 $ 1,720 $ 4,605 Multi-family 656 3,270 (2,614) Commercial real estate 82 868 (786) Construction 62 15 47 Other 5 2 3 Commercial business loans 13 67 (54) Consumer loans — 4 (4) ACL on loans $ 7,143 $ 5,946 $ 1,197 Liabilities: Unfunded loan commitment reserve $ 42 $ 42 $ —

Investment Securities (Tables)

Investment Securities (Tables)	12 Months Ended
Investment Securities (Tables)	Jun. 30, 2024
Investment Securities
Schedule of available-for-sale securities reconciliation	Gross Gross Estimated Amortized Unrealized Unrealized Fair Carrying June 30, 2024 Cost Gains (Losses) Value Value (In Thousands) Held to maturity U.S. government sponsored enterprise MBS (1) $ 125,883 $ 76 $ (15,481) $ 110,478 $ 125,883 U.S. government sponsored enterprise CMO (2) 3,713 — (253) 3,460 3,713 U.S. SBA securities (3) 455 — — 455 455 Total investment securities - held to maturity 130,051 76 (15,734) 114,393 130,051 Available for sale U.S. government agency MBS (1) 1,222 — (14) 1,208 1,208 U.S. government sponsored enterprise MBS (1) 548 5 — 553 553 Private issue CMO (2) 91 — (3) 88 88 Total investment securities - available for sale 1,861 5 (17) 1,849 1,849 Total investment securities $ 131,912 $ 81 $ (15,751) $ 116,242 $ 131,900 (1) Mortgage-backed securities (“MBS”) . (2) Collateralized mortgage obligations (“CMO”) . (3) Small Business Administration ("SBA") . Gross Gross Estimated Amortized Unrealized Unrealized Fair Carrying June 30, 2023 Cost Gains (Losses) Value Value (In Thousands) Held to maturity U.S. government sponsored enterprise MBS $ 149,803 $ — $ (18,459) $ 131,344 $ 149,803 U.S. government sponsored enterprise CMO 3,883 — (336) 3,547 3,883 U.S. SBA securities 651 — (1) 650 651 Total investment securities - held to maturity 154,337 — (18,796) 135,541 154,337 Available for sale U.S. government agency MBS 1,417 — (47) 1,370 1,370 U.S. government sponsored enterprise MBS 697 — (14) 683 683 Private issue CMO 103 — (1) 102 102 Total investment securities - available for sale 2,217 — (62) 2,155 2,155 Total investment securities $ 156,554 $ — $ (18,858) $ 137,696 $ 156,492
Schedule of investments with unrealized loss position	As of June 30, 2024 Unrealized Holding Losses Unrealized Holding Losses Unrealized Holding 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 $ — $ — $ 105,530 $ 15,481 $ 105,530 $ 15,481 U.S. government sponsored enterprise CMO — — 3,460 253 3,460 253 U.S. SBA securities 455 $ — — — 455 — Total investment securities - held to maturity 455 — 108,990 15,734 109,445 15,734 Available for sale U.S government agency MBS 91 — 1,117 14 1,208 14 U.S. government sponsored enterprise MBS — — 8 — 8 — Private issue CMO — — 88 3 88 3 Total investment securities - available for sale 91 — 1,213 17 1,304 17 Total investment securities $ 546 $ — $ 110,203 $ 15,751 $ 110,749 $ 15,751 As of June 30, 2023 Unrealized Holding Losses Unrealized Holding Losses Unrealized Holding 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 $ 10,839 $ 253 $ 120,506 $ 18,206 $ 131,345 $ 18,459 U.S. government sponsored enterprise CMO — — 3,547 336 3,547 336 U.S. SBA securities 650 1 — — 650 1 Total investment securities - held to maturity 11,489 254 124,053 18,542 135,542 18,796 Available for sale U.S government agency MBS 696 20 673 27 1,369 47 U.S. government sponsored enterprise MBS 87 2 558 12 645 14 Private issue CMO — — 102 1 102 1 Total investment securities - available for sale 783 22 1,333 40 2,116 62 Total investment securities $ 12,272 $ 276 $ 125,386 $ 18,582 $ 137,658 $ 18,858
Schedule of investments classified by contractual maturity	June 30, 2024 June 30, 2023 Estimated Estimated Amortized Fair Amortized Fair (In Thousands) Cost Value Cost Value Held to maturity Due in one year or less $ 349 $ 343 $ 303 $ 300 Due after one through five years 4,328 4,167 7,686 7,365 Due after five through ten years 49,331 44,830 61,043 54,686 Due after ten years 76,043 65,053 85,305 73,190 Total investment securities - held to maturity 130,051 114,393 154,337 135,541 Available for sale Due in one year or less — — — — Due after one through five years — — — — Due after five through ten years 1,055 1,053 590 580 Due after ten years 806 796 1,627 1,575 Total investment securities - available for sale 1,861 1,849 2,217 2,155 Total investment securities $ 131,912 $ 116,242 $ 156,554 $ 137,696

Loans Held for Investment (Tabl

Loans Held for Investment (Tables)	12 Months Ended
Loans Held for Investment (Tables)	Jun. 30, 2024
Loans Held for Investment
Schedule of loans held for investment	(In Thousands) June 30, 2024 June 30, 2023 Mortgage loans: Single-family $ 518,091 $ 518,821 Multi-family 445,182 461,113 Commercial real estate 83,349 90,558 Construction 2,692 1,936 Other 95 106 Commercial business loans 1,372 1,565 Consumer loans 65 65 Total loans held for investment, gross 1,050,846 1,074,164 Advance payments of escrows 102 148 Deferred loan costs, net 9,096 9,263 ACL on loans (7,065) (5,946) Total loans held for investment, net $ 1,052,979 $ 1,077,629
Schedule of loans held for investment, contractual repricing	Adjustable Rate After After After Within One Year 3 Years 5 Years (In Thousands) One Year Through 3 Years Through 5 Years Through 10 Years Fixed Rate Total Mortgage loans: Single-family $ 54,686 $ 30,234 $ 104,979 $ 219,436 $ 108,756 $ 518,091 Multi-family 180,464 144,227 115,785 4,612 94 445,182 Commercial real estate 33,863 24,241 24,018 — 1,227 83,349 Construction 2,692 — — — — 2,692 Other — — — — 95 95 Commercial business loans 1,372 — — — — 1,372 Consumer loans 65 — — — — 65 Total loans held for investment, gross $ 273,142 $ 198,702 $ 244,782 $ 224,048 $ 110,172 $ 1,050,846
Schedule of commercial real estate loans by property types and LTVs	Owner Non-Owner % of Total Weighted June 30, 2024 Occupied Loan Occupied Loan Total Commercial Average (Dollars In Thousands) Balance Balance Balance Real Estate LTV (1) Office $ 6,690 $ 20,084 $ 26,774 32 % 43 % Mixed use (2) 293 15,797 16,090 19 35 % Retail — 12,501 12,501 15 30 % Warehouse 2,076 9,848 11,924 14 31 % Medical/dental office 2,439 4,645 7,084 9 44 % Mobile home park — 6,909 6,909 8 38 % Restaurant/fast food 690 500 1,190 2 46 % Automotive - non gasoline — 578 578 1 26 % Live/work — 299 299 — 13 % Total commercial real estate $ 12,188 $ 71,161 $ 83,349 100 % 37 % (1) (2) Mixed use includes $6.9 million in Office/Retail, $4.7 million in Multi-family/Retail, $3.0 million in Other Mixed Use, $754,000 in Multi-family/Commercial and $685,000 in Multi-family/Office. Owner Non-Owner % of Total Weighted June 30, 2023 Occupied Loan Occupied Loan Total Commercial Average (Dollars In Thousands) Balance Balance Balance Real Estate LTV (1) Office $ 9,283 $ 23,915 $ 33,198 37 % 44 % Mixed use (2) 306 17,614 17,920 20 36 % Retail — 12,991 12,991 14 32 % Warehouse 2,133 8,511 10,644 12 31 % Mobile home park — 7,057 7,057 8 39 % Medical/dental office 1,117 5,524 6,641 7 50 % Restaurant/fast food — 1,014 1,014 1 24 % Automotive - non gasoline — 485 485 1 19 % Live/work — 337 337 — 15 % Light industrial/manufacturing — 271 271 — 8 % Total commercial real estate $ 12,839 $ 77,719 $ 90,558 100 % 38 % (1) Current loan balance as a percentage of the original appraised value. (2) Mixed use includes $8.2 million in Office/Retail, $5.6 million in Multi-family/Retail, $3.4 million in Other Mixed Use and $700,000 in Multi-family/Office.
Schedule of commercial real estate loans by geographic concentration	Inland Southern Other June 30, 2024 Empire (1) California (2) California Total (Dollars in Thousands) Balance % Balance % Balance % Balance % Owner occupied: Office $ 1,540 23 % $ 4,959 74 % $ 191 3 % $ 6,690 100 % Mixed use — — % — — % 293 100 % 293 100 % Warehouse — — % 1,689 81 % 387 19 % 2,076 100 % Medical/dental office 276 11 % 1,791 74 % 372 15 % 2,439 100 % Restaurant/fast food — — % 690 100 % — — % 690 100 % Total owner occupied 1,816 15 % 9,129 75 % 1,243 10 % 12,188 100 % Non-owner occupied: Office 2,951 15 % 13,837 69 % 3,296 16 % 20,084 100 % Mixed use 505 3 % 6,243 40 % 9,049 57 % 15,797 100 % Retail 1,050 8 % 6,996 56 % 4,455 36 % 12,501 100 % Warehouse 605 6 % 4,774 49 % 4,469 45 % 9,848 100 % Mobile home park 4,859 70 % 358 5 % 1,692 25 % 6,909 100 % Medical/dental office 1,797 39 % 2,159 46 % 689 15 % 4,645 100 % Automotive - non gasoline — — % 578 100 % — — % 578 100 % Restaurant/fast food — — % 500 100 % — — % 500 100 % Live/work — — % — — % 299 100 % 299 100 % Total non-owner occupied 11,767 16 % 35,445 50 % 23,949 34 % 71,161 100 % Total commercial real estate $ 13,583 16 % $ 44,574 54 % $ 25,192 30 % $ 83,349 100 % (1) (2) Inland Southern Other June 30, 2023 Empire (1) California (2) California Total (Dollars in Thousands) Balance % Balance % Balance % Balance % Owner occupied: Office $ 2,649 29 % $ 6,436 69 % $ 198 2 % $ 9,283 100 % Mixed use — — % — — % 306 100 % 306 100 % Warehouse — — % 1,733 81 % 400 19 % 2,133 100 % Medical/dental office 281 25 % 453 41 % 383 34 % 1,117 100 % Total owner occupied 2,930 23 % 8,622 67 % 1,287 10 % 12,839 100 % Non-owner occupied: Office 4,420 18 % 14,767 62 % 4,728 20 % 23,915 100 % Mixed use 660 4 % 7,292 41 % 9,662 55 % 17,614 100 % Retail 1,076 8 % 7,353 57 % 4,562 35 % 12,991 100 % Warehouse 623 7 % 5,690 67 % 2,198 26 % 8,511 100 % Mobile home park 4,967 70 % 364 5 % 1,726 25 % 7,057 100 % Medical/dental office 1,910 35 % 3,325 60 % 289 5 % 5,524 100 % Restaurant/fast food — — % 1,014 100 % — — % 1,014 100 % Automotive - non gasoline — — % 485 100 % — — % 485 100 % Live/work — — % — — % 337 100 % 337 100 % Light industrial/ manufacturing — — % 271 100 % — — % 271 100 % Total non-owner occupied 13,656 18 % 40,561 52 % 23,502 30 % 77,719 100 % Total commercial real estate $ 16,586 18 % $ 49,183 54 % $ 24,789 28 % $ 90,558 100 % (1)
Schedule of gross loans held for investment by loan types and risk category	June 30, 2024 Term Loans by Year of Origination Revolving (In Thousands) 2024 2023 2022 2021 2020 Prior Loans Total Mortgage loans: Single-family: Pass $ 19,476 $ 60,688 $ 205,817 $ 149,084 $ 19,606 $ 59,702 $ 14 $ 514,387 Special Mention - - - - - 1,111 - 1,111 Substandard - - - - - 2,593 - 2,593 Total single-family 19,476 60,688 205,817 149,084 19,606 63,406 14 518,091 Current period gross charge-off $ - $ - $ - $ - $ - $ - $ - $ - Multi-family: Pass 10,374 28,892 75,876 86,916 60,938 180,119 - 443,115 Special Mention - - - - - - - - Substandard - - - 478 - 1,589 - 2,067 Total multi-family 10,374 28,892 75,876 87,394 60,938 181,708 - 445,182 Current period gross charge-off $ - $ - $ - $ - $ - $ - $ - $ - Commercial real estate: Pass 3,874 13,763 23,298 4,018 5,450 32,946 - 83,349 Special Mention - - - - - - - - Substandard - - - - - - - - Total commercial real estate 3,874 13,763 23,298 4,018 5,450 32,946 - 83,349 Current period gross charge-off $ - $ - $ - $ - $ - $ - $ - $ - Construction: Pass 1,480 228 984 - - - - 2,692 Special Mention - - - - - - - - Substandard - - - - - - - - Total construction 1,480 228 984 - - - - 2,692 Current period gross charge-off $ - $ - $ - $ - $ - $ - $ - $ - Other: Pass - - - - 95 - - 95 Special Mention - - - - - - - - Substandard - - - - - - - - Total other - - - - 95 - - 95 Current period gross charge-off $ - $ - $ - $ - $ - $ - $ - $ - Commercial business loans: Pass - - 133 - - - 1,239 1,372 Special Mention - - - - - - - - Substandard - - - - - - - - Total commercial business loans - - 133 - - - 1,239 1,372 Current period gross charge-off $ - $ - $ - $ - $ - $ - $ - $ - Consumer loans: Not graded 23 - - - - - - 23 Pass - - - - - - 42 42 Special Mention - - - - - - - - Substandard - - - - - - - - Total consumer loans 23 - - - - - 42 65 Current period gross charge-off $ - $ - $ - $ - $ - $ - $ - $ - Total loans held for investment, gross $ 35,227 $ 103,571 $ 306,108 $ 240,496 $ 86,089 $ 278,060 $ 1,295 $ 1,050,846 Total current period gross charge-offs $ — $ — $ — $ — $ — $ — $ — $ — June 30, 2023 Term Loans by Year of Origination Revolving (In Thousands) 2023 2022 2021 2020 2019 Prior Loans Total Mortgage loans: Single-family: Pass $ 51,378 $ 216,989 $ 157,015 $ 20,741 $ 11,793 $ 59,451 $ 32 $ 517,399 Special Mention - - - - - - - - Substandard - - - 251 - 1,171 - 1,422 Total single-family 51,378 216,989 157,015 20,992 11,793 60,622 32 518,821 Current period gross charge-off $ - $ - $ - $ - $ - $ - $ - $ - Multi-family: Pass 17,429 77,956 90,926 65,127 59,709 149,456 - 460,603 Special Mention - - 510 - - - - 510 Substandard - - - - - - - - Total multi-family 17,429 77,956 91,436 65,127 59,709 149,456 - 461,113 Current period gross charge-off $ - $ - $ - $ - $ - $ - $ - $ - Commercial real estate: Pass 8,586 23,815 5,527 6,525 9,981 35,577 - 90,011 Special Mention - - - - - - - - Substandard - - - - - 547 - 547 Total commercial real estate 8,586 23,815 5,527 6,525 9,981 36,124 - 90,558 Current period gross charge-off $ - $ - $ - $ - $ - $ - $ - $ - Construction: Pass 94 726 1,116 - - - - 1,936 Special Mention - - - - - - - - Substandard - - - - - - - - Total construction 94 726 1,116 - - - - 1,936 Current period gross charge-off $ - $ - $ - $ - $ - $ - $ - $ - Other: Pass - - - 106 - - - 106 Special Mention - - - - - - - - Substandard - - - - - - - - Total other - - - 106 - - - 106 Current period gross charge-off $ - $ - $ - $ - $ - $ - $ - $ - Commercial business loans: Pass - 171 - - - - 1,394 1,565 Special Mention - - - - - - - - Substandard - - - - - - - - Total commercial business loans - 171 - - - - 1,394 1,565 Current period gross charge-off $ - $ - $ - $ - $ - $ - $ - $ - Consumer loans: Not graded 15 - - - - - - 15 Pass - - - - - - 50 50 Special Mention - - - - - - - - Substandard - - - - - - - - Total consumer loans 15 - - - - - 50 65 Current period gross charge-off $ - $ - $ - $ - $ - $ - $ - $ - Total loans held for investment, gross $ 77,502 $ 319,657 $ 255,094 $ 92,750 $ 81,483 $ 246,202 $ 1,476 $ 1,074,164 Total current period gross charge-offs $ — $ — $ — $ — $ — $ — $ — $ —
Schedule of allowance for loan losses and recorded investment	Year Ended June 30, 2024 Commercial Commercial (In Thousands) Single-family Multi-family Real Estate Construction Other Mortgage Business Consumer Total ACL: ACL, beginning of period $ 1,720 $ 3,270 $ 868 $ 15 $ 2 $ 67 $ 4 $ 5,946 Adjustment to ACL for adoption of ASC 326 4,605 (2,614) (786) 47 3 (54) (4) 1,197 (Recovery of) provision for credit losses (30) (61) (16) 35 (4) (2) — (78) Recoveries — — — — — — — — Charge-offs — — — — — — — — ACL, end of period $ 6,295 $ 595 $ 66 $ 97 $ 1 $ 11 $ — $ 7,065 ACL: Individually evaluated for allowances $ 37 $ — $ — $ — $ — $ — $ — $ 37 Collectively evaluated for allowances 6,258 595 66 97 1 11 — 7,028 ACL, end of period $ 6,295 $ 595 $ 66 $ 97 $ 1 $ 11 $ — $ 7,065 Loans held for investment: Individually evaluated for allowances $ 1,134 $ — $ — $ — $ — $ — $ — $ 1,134 Collectively evaluated for allowances 516,957 445,182 83,349 2,692 95 1,372 65 1,049,712 Total loans held for investment, gross $ 518,091 $ 445,182 $ 83,349 $ 2,692 $ 95 $ 1,372 $ 65 $ 1,050,846 ACL on loans as a percentage of gross loans held for investment 1.22 % 0.13 % 0.08 % 3.60 % 1.05 % 0.80 % — % 0.67 % Net (recoveries) charge-offs to average loans receivable, net during the period — % — % — % — % — % — % — % — % Year Ended June 30, 2023 Commercial Commercial (In Thousands) Single-family Multi-family Real Estate Construction Other Mortgage Business Consumer Total ACL: ACL, beginning of period $ 1,383 $ 3,282 $ 816 $ 23 $ 3 $ 52 $ 5 $ 5,564 Provision for (recovery of) credit losses 329 (12) 52 (8) (1) 15 (1) 374 Recoveries 8 — — — — — — 8 Charge-offs — — — — — — — — ACL, end of period $ 1,720 $ 3,270 $ 868 $ 15 $ 2 $ 67 $ 4 $ 5,946 ACL: Individually evaluated for allowances $ 37 $ — $ — $ — $ — $ — $ — $ 37 Collectively evaluated for allowances 1,683 3,270 868 15 2 67 4 5,909 ACL, end of period $ 1,720 $ 3,270 $ 868 $ 15 $ 2 $ 67 $ 4 $ 5,946 Loans held for investment: Individually evaluated for allowances $ 996 $ — $ — $ — $ — $ — $ — $ 996 Collectively evaluated for allowances 517,825 461,113 90,558 1,936 106 1,565 65 1,073,168 Total loans held for investment, gross $ 518,821 $ 461,113 $ 90,558 $ 1,936 $ 106 $ 1,565 $ 65 $ 1,074,164 ACL on loans as a percentage of gross loans held for investment 0.33 % 0.71 % 0.96 % 0.77 % 1.89 % 4.28 % 6.15 % 0.55 % Net (recoveries) charge-offs to average loans receivable, net during the period (0.00) % — % — % — % — % — % — % (0.00) % Year Ended June 30, (In Thousands) 2024 2023 Balance, beginning of year $ 5,946 $ 5,564 Adjustment to ACL for adoption of ASC 326 1,197 — (Recovery of) provision for credit losses (78) 374 Recoveries — 8 Charge-offs — — Balance, end of year $ 7,065 $ 5,946
Schedule of allowance for credit losses of undisbursed funds and commitments on loans held for investment	Year Ended June 30, (In Thousands) 2024 2023 Balance, beginning of the year $ 42 $ 130 Impact of ASC 326 CECL adoption — — Provision for (recovery of) credit losses 15 (88) Balance, end of the year $ 57 $ 42
Schedule of recorded investment in restructured loans	At or For the Year Ended June 30, 2024 Unpaid Net Average Interest Principal Related Recorded Recorded Recorded Income (In Thousands) Balance Charge-offs Investment ACL (1) Investment Investment Recognized Mortgage loans: Single-family: With a related allowance $ 2,267 $ — $ 2,267 $ (73) $ 2,194 $ 1,627 $ 96 Without a related allowance (2) 427 (25) 402 — 402 444 23 Total single-family loans 2,694 (25) 2,669 (73) 2,596 2,071 119 Total non-performing loans $ 2,694 $ (25) $ 2,669 $ (73) $ 2,596 $ 2,071 $ 119 (1) ACL, specifically assigned to the individual loan. (2) There was no related ACL because the loans were charged-off to their fair value or the fair value of the collateral was higher than the loan balance. At or For the Year Ended June 30, 2023 Unpaid Net Average Interest Principal Related Recorded Recorded Recorded Income (In Thousands) Balance Charge-offs Investment ACL (1) Investment Investment Recognized Mortgage loans: Single-family: With a related allowance $ 1,171 $ — $ 1,171 $ (122) $ 1,049 $ 996 $ 42 Without a related allowance (2) 276 (25) 251 — 251 112 — Total single-family loans 1,447 (25) 1,422 (122) 1,300 1,108 42 Total non-performing loans $ 1,447 $ (25) $ 1,422 $ (122) $ 1,300 $ 1,108 $ 42 (1) ACL, specifically assigned to the individual loan. (2) There was no related ACL because the loans were charged-off to their fair value or the fair value of the collateral was higher than the loan balance.
Schedule of past due status of gross loans held for investment, net of fair value adjustments	June 30, 2024 30-89 Days Past Total Loans Held for (In Thousands) Current Due Non-Accrual (1) Investment, Gross Mortgage loans: Single-family $ 515,498 $ — $ 2,593 $ 518,091 Multi-family 445,182 — — 445,182 Commercial real estate 83,349 — — 83,349 Construction 2,692 — — 2,692 Other 95 — — 95 Commercial business loans 1,372 — — 1,372 Consumer loans 64 1 — 65 Total loans held for investment, gross $ 1,048,252 $ 1 $ 2,593 $ 1,050,846 (1) All loans 90 days or greater past due are placed on non-accrual status. June 30, 2023 30-89 Days Past Total Loans Held for (In Thousands) Current Due Non-Accrual (1) Investment, Gross Mortgage loans: Single-family $ 517,399 $ — $ 1,422 $ 518,821 Multi-family 461,113 — — 461,113 Commercial real estate 90,558 — — 90,558 Construction 1,936 — — 1,936 Other 106 — — 106 Commercial business loans 1,565 — — 1,565 Consumer loans 64 1 — 65 Total loans held for investment, gross $ 1,072,741 $ 1 $ 1,422 $ 1,074,164 (1) All loans 90 days or greater past due are placed on non-accrual status.

Leases (Tables)

Leases (Tables)	12 Months Ended
Leases (Tables)	Jun. 30, 2024
Leases
Schedule of supplemental information related to operating leases	As of June 30, (In Thousands) 2024 2023 Consolidated Statements of Condition: Premises and equipment - Operating lease right of use assets $ 1,356 $ 2,147 Accounts payable, accrued interest and other liabilities – Operating lease liabilities $ 1,407 $ 2,169 Year Ended June 30, 2024 2023 Consolidated Statements of Operations: Premises and occupancy expenses from operating leases (1) $ 789 $ 787 Equipment expenses from operating leases (1) 138 95 Total lease expense $ 927 $ 882 Consolidated Statements of Cash Flows: Operating cash flows from operating leases, net $ 884 $ 879 (1) Includes immaterial variable lease costs.
Schedule of remaining minimum contractual lease payments and other information associated with leases	The following table provides information related to remaining minimum contractual lease payments and other information associated with the Corporation’s leases as of June 30, 2024: Amount (1) Year Ending June 30, (In Thousands) 2025 $ 678 2026 387 2027 192 2028 156 2029 74 Thereafter — Total contract lease payments $ 1,487 Total liability to make lease payments $ 1,407 Difference in undiscounted and discounted future lease payments $ 80 Weighted average discount rate 3.34 % Weighted average remaining lease term (years) 3.0 (1) Contractual base rents do not include property taxes and other operating expenses due under respective lease agreements.

Premises and Equipment (Tables)

Premises and Equipment (Tables)	12 Months Ended
Premises and Equipment (Tables)	Jun. 30, 2024
Premises and Equipment
Schedule of premises and equipment	June 30, (In Thousands) 2024 2023 Land $ 2,853 $ 2,853 Buildings 10,136 10,311 Leasehold improvements 4,065 3,135 Furniture and equipment 5,458 5,226 Automobiles 149 176 Operating lease – right of use assets (1) 1,356 2,147 24,017 23,848 Less accumulated depreciation and amortization (14,704) (14,617) Total premises and equipment, net $ 9,313 $ 9,231 (1) Net of accumulated amortization.

Deposits (Tables)

Deposits (Tables)	12 Months Ended
Deposits (Tables)	Jun. 30, 2024
Deposits.
Schedule of deposits	June 30, 2024 June 30, 2023 (Dollars in Thousands) Interest Rate Amount Interest Rate Amount Checking deposits – noninterest-bearing — $ 95,627 — $ 103,006 Checking deposits – interest-bearing (1) 0.00% - 0.20% 254,624 0.00% - 0.20% 302,872 Savings deposits (1) 0.00% - 4.64% 238,878 0.00% - 0.70% 290,204 Money market deposits (1) 0.00% - 4.64% 25,324 0.00% - 2.00% 33,551 Time deposits: $250 and under (1)(2) 0.00% - 5.35% 226,110 0.00% - 5.25% 192,147 Over $250 0.10% - 5.12% 47,785 0.10% - 5.35% 28,791 Total deposits (3) $ 888,348 $ 950,571 Weighted average interest rate on deposits 1.29 % 0.73 % (1) Certain interest-bearing checking, savings, money market and time deposits require a minimum balance to earn interest. (2) Includes brokered certificates of deposit of $131.8 million and $106.4 million at June 30, 2024 and 2023, respectively. (3) Includes uninsured deposits of approximately $122.7 million and $140.1 million at June 30, 2024 and 2023, respectively.
Schedule of aggregate annual maturities of time deposits	June 30, (In Thousands) 2024 2023 One year or less $ 245,713 $ 166,501 Over one to two years 19,604 37,062 Over two to three years 3,779 9,922 Over three to four years 1,896 3,069 Over four to five years 1,649 2,578 Over five years 1,254 1,806 Total time deposits $ 273,895 $ 220,938
Schedule of interest expense on deposits	Year Ended June 30, (In Thousands) 2024 2023 Checking deposits – interest-bearing $ 118 $ 140 Savings deposits 313 168 Money market deposits 172 87 Time deposits 9,063 2,751 Total interest expense on deposits $ 9,666 $ 3,146

Borrowings (Tables)

Borrowings (Tables)	12 Months Ended
Borrowings (Tables)	Jun. 30, 2024
Borrowings
Schedule of Federal Home Loan Bank, Advances, by Branch of FHLB Bank	June 30, (In Thousands) 2024 2023 FHLB - San Francisco advances $ 238,500 $ 235,009
Summary of Federal Home Loan Bank, Advances	At or For the Year Ended June 30, (Dollars in Thousands) 2024 2023 Balance outstanding at the end of year: FHLB - San Francisco advances $ 238,500 $ 235,009 Weighted average rate at the end of year: FHLB - San Francisco advances 4.88 % 4.34 % Maximum amount of borrowings outstanding at any month end: FHLB - San Francisco advances $ 242,500 $ 235,009 Average short-term borrowings during the year with respect to: (1) FHLB - San Francisco advances $ 127,506 $ 113,688 Weighted average short-term borrowing rate during the year with respect to: (1) FHLB - San Francisco advances 4.70 % 3.87 % (1) Borrowings with a remaining term of 12 months or less.
Schedule of Federal Home Loan Bank, Advances, Annual Contractual Maturities	June 30, (Dollars in Thousands) 2024 2023 Within one year $ 145,500 $ 150,009 Over one to two years 68,000 70,000 Over two to three years 10,000 10,000 Over three to four years 5,000 — Over four to five years 10,000 5,000 Over five years — — Total borrowings $ 238,500 $ 235,009 Weighted average interest rate 4.88 % 4.34 %

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
Income Taxes (Tables)	Jun. 30, 2024
Income Taxes
Schedule of Provision for Income Taxes	Year Ended June 30, (In Thousands) 2024 2023 Current: Federal $ 2,161 $ 1,638 State 1,278 955 3,439 2,593 Deferred: Federal (238) 783 State (165) 448 (403) 1,231 Provision for income taxes $ 3,036 $ 3,824
Schedule of estimated combined federal and state statutory tax rates	Year Ended June 30, 2024 2023 (In Thousands) Amount Tax Rate Amount Tax Rate Federal income tax at statutory rate $ 2,181 21.00 % $ 2,607 21.00 % State income tax, net of federal income tax benefit 880 8.48 % 1,107 8.92 % Changes in taxes resulting from: Bank-owned life insurance (39) (0.38) % (39) (0.31) % Non-deductible expenses 12 0.12 % 11 0.09 % Shortfall on stock-based compensation — — % 132 1.06 % Return to provision adjustment (1) (0.01) % 4 0.03 % Other 3 0.02 % 2 0.01 % Effective income tax $ 3,036 29.23 % $ 3,824 30.80 %
Schedule of Deferred Tax Assets and Liabilities	June 30, (In Thousands) 2024 2023 Deferred taxes - federal $ 404 $ 179 Deferred taxes - state 202 39 Total net deferred tax assets $ 606 $ 218 June 30, (In Thousands) 2024 2023 Loss reserves $ 2,387 $ 2,032 Non-accrued interest 175 188 Deferred compensation 2,388 2,339 Accrued vacation 187 194 Depreciation 174 155 State tax 203 199 Unrealized loss on investment securities 4 19 Lease liability 448 691 Other 208 288 Total deferred tax assets 6,174 6,105 FHLB - San Francisco stock dividends (645) (645) Prepaid expenses (39) (45) Unrealized gain on interest-only strips (3) (3) Right-of-use asset (432) (684) Deferred loan costs, net (4,449) (4,510) Total deferred tax liabilities (5,568) (5,887) Net deferred tax assets $ 606 $ 218

Capital (Tables)

Capital (Tables)	12 Months Ended
Capital (Tables)	Jun. 30, 2024
Capital
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations	Regulatory Requirements Minimum for Capital Minimum to Be Actual Adequacy Purposes (1) Well Capitalized Amount Ratio Amount Ratio Amount Ratio Provident Savings Bank, F.S.B.: As of June 30, 2024 (2) Tier 1 leverage capital (to adjusted average assets) $ 126,601 10.02 % $ 50,555 4.00 % $ 63,194 5.00 % CET1 capital (to risk-weighted assets) $ 126,601 19.29 % $ 45,934 7.00 % $ 42,653 6.50 % Tier 1 capital (to risk-weighted assets) $ 126,601 19.29 % $ 55,777 8.50 % $ 52,496 8.00 % Total capital (to risk-weighted assets) $ 133,723 20.38 % $ 68,900 10.50 % $ 65,620 10.00 % As of June 30, 2023 Tier 1 leverage capital (to adjusted average assets) $ 125,979 9.59 % $ 52,521 4.00 % $ 65,651 5.00 % CET1 capital (to risk-weighted assets) $ 125,979 18.50 % $ 47,674 7.00 % $ 44,269 6.50 % Tier 1 capital (to risk-weighted assets) $ 125,979 18.50 % $ 57,890 8.50 % $ 54,485 8.00 % Total capital (to risk-weighted assets) $ 131,967 19.38 % $ 71,511 10.50 % $ 68,106 10.00 % (1) Inclusive of the conservation buffer of 2.50% for CET1 capital, Tier 1 capital and Total capital ratios . (2) The Bank elected to recognize the full $824 thousand adjustment to retained earnings resulting from the adoption of CECL on July 1, 2023 instead of over the permitted three-year phase-in option .

Incentive Plans (Tables)

Incentive Plans (Tables)	12 Months Ended
Incentive Plans (Tables)	Jun. 30, 2024
Incentive Plans
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions	Fiscal 2024 Fiscal 2023 Expected volatility 21.6% - 22.9 % 20.3 % Weighted average volatility 22.5 % 20.3 % Expected dividend yield 4.5 % 3.9 % Expected term (in years) 7.4 7.3 Risk-free interest rate 4.3 % 2.9 %
Schedule of stock option activity	The following tables summarize the stock option activity in the Plans during the fiscal years ended June 30, 2024 and 2023: Weighted Weighted Average Aggregate Average Remaining Intrinsic Exercise Contractual Value Options Shares Price Term (Years) ($000) Outstanding at June 30, 2022 431,000 $ 16.24 Granted 30,000 $ 14.52 Exercised — $ — Forfeited (7,500) $ 20.19 Expired (19,000) $ 16.47 Outstanding at June 30, 2023 434,500 $ 16.04 3.01 $ — Vested and expected to vest at June 30, 2023 425,700 $ 16.06 2.89 $ — Exercisable at June 30, 2023 390,500 $ 16.13 2.34 $ — Outstanding at June 30, 2023 434,500 $ 16.04 Granted 98,000 $ 12.44 Exercised — $ — Forfeited (5,000) $ 14.52 Expired (47,500) $ 15.71 Outstanding at June 30, 2024 480,000 $ 15.35 3.29 $ — Vested and expected to vest at June 30, 2024 475,950 $ 16.36 3.25 $ — Exercisable at June 30, 2024 355,000 $ 16.18 1.14 $ —
Schedule of Share-based Compensation, Unvested Restricted Stock Units Award Activity	The following table summarizes the restricted stock activity for the fiscal years ended June 30, 2024 and 2023: Weighted Average Award Date Unvested Shares Shares Fair Value Unvested at June 30, 2022 94,750 $ 18.57 Awarded 53,000 $ 12.95 Vested (93,750) $ 18.57 Forfeited (3,000) $ 14.82 Unvested at June 30, 2023 51,000 $ 12.95 Expected to vest at June 30, 2023 40,800 $ 12.95 Unvested at June 30, 2023 51,000 $ 12.95 Awarded 131,000 $ 11.08 Vested (2,000) $ 12.09 Forfeited (3,350) $ 12.95 Unvested at June 30, 2024 176,650 $ 11.57 Expected to vest at June 30, 2024 150,153 $ 11.57

Earnings Per Share (Tables)

Earnings Per Share (Tables)	12 Months Ended
Earnings Per Share (Tables)	Jun. 30, 2024
Earnings Per Share
Schedule of earnings per share, basic and diluted	For the Year Ended June 30, 2024 Income Shares Per-Share (Dollars in Thousands, Except Share Amount) (Numerator) (Denominator) Amount Basic EPS $ 7,351 6,942,918 $ 1.06 Effect of dilutive shares: Stock options 76 Restricted stock 16,149 Diluted EPS $ 7,351 6,959,143 $ 1.06 For the Year Ended June 30, 2023 Income Shares Per-Share (Dollars in Thousands, Except Share Amount) (Numerator) (Denominator) Amount Basic EPS $ 8,592 7,143,273 $ 1.20 Effect of dilutive shares: Stock options — Restricted stock 48,412 Diluted EPS $ 8,592 7,191,685 $ 1.19

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
Commitments and Contingencies (Tables)	Jun. 30, 2024
Commitments and Contingencies.
Schedule of the Corporation's lease and operating commitments	Amount Year Ending June 30, (In Thousands) 2025 $ 1,837 2026 1,139 2027 358 2028 156 2029 74 Thereafter — Total minimum payments required $ 3,564

Derivative and Other Financia_2

Derivative and Other Financial Instruments with Off-Balance Sheet Risks (Tables)	12 Months Ended
	Jun. 30, 2024
Derivative and Other Financial Instruments with Off-Balance Sheet Risks
Schedule of undisbursed funds commitments	June 30, Commitments 2024 2023 (In Thousands) Undisbursed loan funds – Construction loans $ 435 $ 2,032 Undisbursed lines of credit – Commercial business loans 2,936 607 Undisbursed lines of credit – Consumer loans 341 363 Commitments to extend credit on loans to be held for investment 9,387 2,394 Total $ 13,099 $ 5,396

Fair Value of Financial Instr_2

Fair Value of Financial Instruments (Tables)	12 Months Ended
Fair Value of Financial Instruments (Tables)	Jun. 30, 2024
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 Loss As of June 30, 2024: Loans held for investment, at fair value $ 1,047 $ 1,200 $ (153) As of June 30, 2023: Loans held for investment, at fair value $ 1,312 $ 1,483 $ (171)
Schedule of fair value, assets and liabilities measured on recurring basis	Fair Value Measurement at June 30, 2024 Using: (In Thousands) Level 1 Level 2 Level 3 Total Assets: Investment securities - available for sale: U.S. government agency MBS $ — $ 1,208 $ — $ 1,208 U.S. government sponsored enterprise MBS — 553 — 553 Private issue CMO — — 88 88 Investment securities - available for sale — 1,761 88 1,849 Loans held for investment, at fair value — — 1,047 1,047 Other equity investments, fair value — 540 — 540 Interest-only strips — — 8 8 Total assets $ — $ 2,301 $ 1,143 $ 3,444 Liabilities: $ — $ — $ — $ — Total liabilities $ — $ — $ — $ — Fair Value Measurement at June 30, 2023 Using: (In Thousands) Level 1 Level 2 Level 3 Total Assets: Investment securities - available for sale: U.S. government agency MBS $ — $ 1,370 $ — $ 1,370 U.S. government sponsored enterprise MBS — 683 — 683 Private issue CMO — — 102 102 Investment securities - available for sale — 2,053 102 2,155 Loans held for investment, at fair value — — 1,312 1,312 Interest-only strips — — 9 9 Total assets $ — $ 2,053 $ 1,423 $ 3,476 Liabilities: $ — $ — $ — $ — Total liabilities $ — $ — $ — $ —
Schedule for reconciliation of recurring fair value measurements using level 3 inputs	The following tables provide a reconciliation of the beginning and ending balances during the periods shown of recurring fair value measurements recognized in the Consolidated Statements of Financial Condition using Level 3 inputs: Fair Value Measurement Using Significant Other Unobservable Inputs (Level 3) Private Loans Held For Interest- Issue Investment, at Only (In Thousands) CMO fair value (1) Strips Total Beginning balance at June 30, 2023 $ 102 $ 1,312 $ 9 $ 1,423 Adjustment due to ASC 326 CECL adoption — 28 — 28 Total gains or losses (realized/unrealized): Included in earnings — (10) — (10) Included in other comprehensive income (loss) (1) — (1) (2) Purchases — — — — Issuances — — — — Settlements (13) (283) — (296) Transfers in and/or out of Level 3 — — — — Ending balance at June 30, 2024 $ 88 $ 1,047 $ 8 $ 1,143 (1) The valuation of loans held for investment at fair value includes management’s estimate of the specific credit risk attributes of each loan, in addition to the quoted secondary-market prices which account for interest rate characteristics. Fair Value Measurement Using Significant Other Unobservable Inputs (Level 3) Private Loans Held For Interest- Issue Investment, at Only (In Thousands) CMO fair value (1) Strips Total Beginning balance at June 30, 2022 $ 113 $ 1,396 $ 7 $ 1,516 Total gains or losses (realized/ unrealized): Included in earnings — 2 — 2 Included in other comprehensive income (loss) 3 — 2 5 Purchases — — — — Issuances — — — — Settlements (14) (86) — (100) Transfers in and/or out of Level 3 — — — — Ending balance at June 30, 2023 $ 102 $ 1,312 $ 9 $ 1,423 (1) The valuation of loans held for investment at fair value includes management’s estimate of the specific credit risk attributes of each loan, in addition to the quoted secondary-market prices which account for interest rate characteristics.
Schedule of fair value assets measured on nonrecurring basis	The following fair value hierarchy table presents information about the Corporation’s assets measured at fair value at the dates indicated on a nonrecurring basis: Fair Value Measurement at June 30, 2024 Using: (In Thousands) Level 1 Level 2 Level 3 Total Loans with individually evaluated allowance $ — $ — $ 695 $ 695 Mortgage servicing assets — — 87 87 Total $ — $ — $ 782 $ 782 Fair Value Measurement at June 30, 2023 Using: (In Thousands) Level 1 Level 2 Level 3 Total Loans with individually evaluated allowance $ — $ 251 $ 1,049 $ 1,300 Mortgage servicing assets — — 90 90 Total $ — $ 251 $ 1,139 $ 1,390
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 June 30, 2024: Impact to Fair Value Valuation As of from an June 30, Valuation Range (1) Increase in (Dollars In Thousands) 2024 Techniques Unobservable Inputs (Weighted Average) Inputs (2) Assets: Securities available-for sale: Private issue CMO $ 88 Market comparable pricing Comparability adjustment (2.0%) - (6.5%) (2.9%) Increase Loans held for investment, at fair value $ 1,047 Relative value analysis Broker quotes 86.9% - 89.0% (88.2%) of par Increase Credit risk factor 1.0% - 1.1% (1.0%) Decrease Loans with individually evaluated allowance $ 695 Discounted cash flow Default rate 5.0% Decrease Discount rate 6.9% Decrease MSAs $ 87 Discounted cash flow Prepayment rate (CPR) 5.1% - 60.0% (9.6%) Decrease Discount rate 9.0% - 10.5% (9.1%) Decrease Interest-only strips $ 8 Discounted cash flow Prepayment rate (CPR) 7.3% - 12.3% (8.6%) Decrease Discount rate 9.0% 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.
Schedule of carrying amount and fair value of financial instruments	The carrying amount and fair value of the Corporation’s other financial instruments as of June 30, 2024 and 2023 were as follows: June 30, 2024 Carrying Fair (In Thousands) Amount Value Level 1 Level 2 Level 3 Financial assets: Loans held for investment, not recorded at fair value $ 1,051,932 $ 973,453 $ — $ — $ 973,453 Investment securities - held to maturity $ 130,051 $ 114,393 $ — $ 114,393 $ — FHLB – San Francisco stock $ 9,568 $ 9,568 $ — $ 9,568 $ — Financial liabilities: Deposits $ 888,348 $ 888,527 $ — $ 888,527 $ — Borrowings $ 238,500 $ 237,691 $ — $ 237,691 $ — June 30, 2023 Carrying Fair (In Thousands) Amount Value Level 1 Level 2 Level 3 Financial assets: Loans held for investment, not recorded at fair value $ 1,076,317 $ 970,277 $ — $ — $ 970,277 Investment securities - held to maturity $ 154,337 $ 135,541 $ — $ 135,541 $ — FHLB – San Francisco stock $ 9,505 $ 9,505 $ — $ 9,505 $ — Financial liabilities: Deposits $ 950,571 $ 949,116 $ — $ 949,116 $ — Borrowings $ 235,009 $ 232,764 $ — $ 232,764 $ —

Revenue From Contracts With C_2

Revenue From Contracts With Customers (Tables)	12 Months Ended
Revenue From Contracts With Customers (Tables)	Jun. 30, 2024
Revenue From Contracts With Customers
Schedule of non-interest income disaggregated by type of service	Year Ended June 30, Type of Services 2024 2023 (In Thousands) Loan servicing and other fees (1) $ 337 $ 414 Deposit account fees 1,154 1,296 Card and processing fees 1,384 1,525 Other (2) 1,066 840 Total non-interest income $ 3,941 $ 4,075 (1) Not within the scope of ASC 606. (2) Includes income on BOLI of $186 thousand and $186 thousand, net loss on sale of loans of $66 thousand and net gain on sale of loans of $124 thousand and net unrealized gain on other equity investments of $540 thousand and $0 for the fiscal years ended June 30, 2024 and 2023, respectively, which are not within the scope of ASC 606.

Holding Company Condensed Fin_2

Holding Company Condensed Financial Information (Tables)	12 Months Ended
Holding Company Condensed Financial Information (Tables)	Jun. 30, 2024
Holding Company Condensed Financial Information
Schedule of condensed statements of financial condition	June 30, (In Thousands) 2024 2023 Assets Cash and cash equivalents $ 3,385 $ 3,737 Investment in subsidiary 126,601 125,949 Other assets 64 67 $ 130,050 $ 129,753 Liabilities and Stockholders’ Equity Other liabilities $ 109 $ 66 Stockholders’ equity 129,941 129,687 $ 130,050 $ 129,753
Schedule of condensed statements of operations	Year Ended June 30, (In Thousands) 2024 2023 Dividend from the Bank $ 7,000 $ 9,500 Interest and other income 2 3 Total income 7,002 9,503 General and administrative expenses 1,294 1,267 Earnings before income taxes and equity in undistributed earnings of the Bank 5,708 8,236 Income tax benefit (382) (373) Earnings before equity in undistributed earnings of the Bank 6,090 8,609 Equity in undistributed earnings of the Bank 1,261 (17) Net income $ 7,351 $ 8,592
Schedule of condensed statements of cash flows	Year Ended June 30, (In Thousands) 2024 2023 Cash flow from operating activities: Net income $ 7,351 $ 8,592 Adjustments to reconcile net income to net cash provided by operating activities: Equity in undistributed earnings of the Bank (1,261) 17 Decrease (increase) in other assets 3 (6) Increase in other liabilities 43 29 Net cash provided by operating activities 6,136 8,632 Cash flow from financing activities: Treasury stock purchases (2,601) (4,648) Cash dividends (3,887) (3,998) Net cash used for financing activities (6,488) (8,646) Net decrease in cash during the year (352) (14) Cash and cash equivalents at beginning of year 3,737 3,751 Cash and cash equivalents at end of year $ 3,385 $ 3,737

Organization and Summary of S_4

Organization and Summary of Significant Accounting Policies - Basis of Presentation (Details)	12 Months Ended
	Jun. 30, 2024 location segment
Organization and Summary of Significant Accounting Policies
Number of operating segments \| segment	1
Number of banking locations \| location	13

Organization and Summary of S_5

Organization and Summary of Significant Accounting Policies - Premises and Equipment (Details)	Jun. 30, 2024
Buildings \| Minimum
Premises and Equipment
Premises and equipment, useful life	10 years
Buildings \| Maximum
Premises and Equipment
Premises and equipment, useful life	40 years
Furniture and fixtures \| Minimum
Premises and Equipment
Premises and equipment, useful life	3 years
Furniture and fixtures \| Maximum
Premises and Equipment
Premises and equipment, useful life	10 years
Automobiles \| Minimum
Premises and Equipment
Premises and equipment, useful life	3 years
Automobiles \| Maximum
Premises and Equipment
Premises and equipment, useful life	5 years
Computer equipment \| Minimum
Premises and Equipment
Premises and equipment, useful life	3 years
Computer equipment \| Maximum
Premises and Equipment
Premises and equipment, useful life	5 years
Leasehold improvements \| Minimum
Premises and Equipment
Premises and equipment, useful life	1 year
Leasehold improvements \| Maximum
Premises and Equipment
Premises and equipment, useful life	10 years

Organization and Summary of S_6

Organization and Summary of Significant Accounting Policies - Income Taxes (Details) - USD ($)	Jun. 30, 2024	Jun. 30, 2023
Organization and Summary of Significant Accounting Policies
Estimated deferred tax asset	$ 606,000	$ 218,000
Unrecognized tax benefits	$ 0	$ 0

Organization and Summary of S_7

Organization and Summary of Significant Accounting Policies - Stock Repurchases (Details) - September 2023 Stock Repurchase Plan	12 Months Ended
	Jun. 30, 2024 $ / shares shares
Class of Stock
Number of shares repurchased	197,349
Shares repurchased weighted average cost per share \| $ / shares	$ 13.05
Shares authorized for repurchase remaining available to purchase under the plan	189,116
Percentage of authorized stock	54%

Organization and Summary of S_8

Organization and Summary of Significant Accounting Policies - Stock-based Compensation (Details) - USD ($)	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Organization and Summary of Significant Accounting Policies
Compensation cost	$ 240,000	$ 1,200,000

Organization and Summary of S_9

Organization and Summary of Significant Accounting Policies - Restricted Stock (Details) - USD ($)	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Organization and Summary of Significant Accounting Policies
Restricted stock expense	$ 203,000	$ 1,100,000

Organization and Summary of _10

Organization and Summary of Significant Accounting Policies - Post Retirement Benefits (Details) - USD ($)	Jun. 30, 2024	Jun. 30, 2023
Organization and Summary of Significant Accounting Policies
Accrued liability, post retirement benefits	$ 450,000	$ 270,000

Organization and Summary of _11

Organization and Summary of Significant Accounting Policies - Accounting Standard Updates (ASU) (Details) - USD ($)	Jun. 30, 2024	Jul. 01, 2023	Jun. 30, 2023
Accounting standard updates ("ASU")
Loans held for investment			$ 1,077,629,000
Investment, Variable Interest Rate, Type [Extensible Enumeration]			prov:LondonInterbankOfferedRateMember
Decrease to retained earnings	$ 209,914,000		$ 207,274,000
Impact of ASU adoption \| ASC 326
Accounting standard updates ("ASU")
Transition adjustment of the adoption of CECL		$ 1,200,000
Decrease to retained earnings	$ 824,000	$ (824,000)
Impact of ASU adoption \| ASU 2022-06 (topic 848)
Accounting standard updates ("ASU")
Loans held for investment			$ 469,400,000

Organization and Summary of _12

Organization and Summary of Significant Accounting Policies - ACL from the adoption of ASC 326 (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Jul. 01, 2023	Jun. 30, 2023	Jun. 30, 2022
Accounting standard updates ("ASU")
ACL on loans	$ 7,065		$ 5,946	$ 5,564
ACL on loans			5,946	5,564
Unfunded loan commitment reserve
Accounting standard updates ("ASU")
Unfunded loan commitment reserve			42
Mortgage loans \| Single-family
Accounting standard updates ("ASU")
ACL on loans	6,295		1,720
ACL on loans			1,720	1,383
Mortgage loans \| Multi Family
Accounting standard updates ("ASU")
ACL on loans	595		3,270
ACL on loans			3,270	3,282
Mortgage loans \| Commercial real estate
Accounting standard updates ("ASU")
ACL on loans			868
Mortgage loans \| Construction
Accounting standard updates ("ASU")
ACL on loans	97		15
ACL on loans			15	23
Mortgage loans \| Other
Accounting standard updates ("ASU")
ACL on loans	1		2
ACL on loans			2	3
Commercial business loans
Accounting standard updates ("ASU")
ACL on loans	$ 11		67
ACL on loans			67	52
Consumer loans
Accounting standard updates ("ASU")
ACL on loans			4
ACL on loans			4	$ 5
ASC 326 \| Allowance for credit losses under ASC 326
Accounting standard updates ("ASU")
ACL on loans		$ 7,143
ASC 326 \| Allowance for credit losses under ASC 326 \| Unfunded loan commitment reserve
Accounting standard updates ("ASU")
Unfunded loan commitment reserve		42
ASC 326 \| Allowance for credit losses under ASC 326 \| Mortgage loans \| Single-family
Accounting standard updates ("ASU")
ACL on loans		6,325
ASC 326 \| Allowance for credit losses under ASC 326 \| Mortgage loans \| Multi Family
Accounting standard updates ("ASU")
ACL on loans		656
ASC 326 \| Allowance for credit losses under ASC 326 \| Mortgage loans \| Commercial real estate
Accounting standard updates ("ASU")
ACL on loans		82
ASC 326 \| Allowance for credit losses under ASC 326 \| Mortgage loans \| Construction
Accounting standard updates ("ASU")
ACL on loans		62
ASC 326 \| Allowance for credit losses under ASC 326 \| Mortgage loans \| Other
Accounting standard updates ("ASU")
ACL on loans		5
ASC 326 \| Allowance for credit losses under ASC 326 \| Commercial business loans
Accounting standard updates ("ASU")
ACL on loans		13
ASC 326 \| Impact of ASU adoption
Accounting standard updates ("ASU")
ACL on loans		1,197	1,197
ASC 326 \| Impact of ASU adoption \| Mortgage loans \| Single-family
Accounting standard updates ("ASU")
ACL on loans		4,605	4,605
ASC 326 \| Impact of ASU adoption \| Mortgage loans \| Multi Family
Accounting standard updates ("ASU")
ACL on loans		(2,614)	(2,614)
ASC 326 \| Impact of ASU adoption \| Mortgage loans \| Commercial real estate
Accounting standard updates ("ASU")
ACL on loans		(786)
ASC 326 \| Impact of ASU adoption \| Mortgage loans \| Construction
Accounting standard updates ("ASU")
ACL on loans		47	47
ASC 326 \| Impact of ASU adoption \| Mortgage loans \| Other
Accounting standard updates ("ASU")
ACL on loans		3	3
ASC 326 \| Impact of ASU adoption \| Commercial business loans
Accounting standard updates ("ASU")
ACL on loans		(54)	(54)
ASC 326 \| Impact of ASU adoption \| Consumer loans
Accounting standard updates ("ASU")
ACL on loans		$ (4)	$ (4)

Investment Securities - Schedul

Investment Securities - Schedule of amortized cost and estimated fair value of Held to maturity investments (Details) - USD ($) $ in Thousands	Jun. 30, 2024		Jun. 30, 2023
Held to maturity
Amortized Cost	$ 130,051		$ 154,337
Gross Unrealized Gains	76		0
Gross Unrealized (Losses)	(15,734)		(18,796)
Estimated Fair Value	114,393		135,541
Carrying Value	130,051		154,337
Mortgage-Backed Security, Issued by US Government-Sponsored Enterprise [Member]
Held to maturity
Amortized Cost	125,883	[1]	149,803
Gross Unrealized Gains	76	[1]	0
Gross Unrealized (Losses)	(15,481)	[1]	(18,459)
Estimated Fair Value	110,478	[1]	131,344
Carrying Value	125,883	[1]	149,803
U.S. government sponsored enterprise CMO
Held to maturity
Amortized Cost	3,713	[2]	3,883
Gross Unrealized Gains	0	[2]	0
Gross Unrealized (Losses)	(253)	[2]	(336)
Estimated Fair Value	3,460	[2]	3,547
Carrying Value	3,713	[2]	3,883
U.S. SBA securities
Held to maturity
Amortized Cost	455	[3]	651
Gross Unrealized Gains	0	[3]	0
Gross Unrealized (Losses)	0	[3]	(1)
Estimated Fair Value	455	[3]	650
Carrying Value	$ 455	[3]	$ 651

[1] Mortgage-backed securities (“MBS”) Collateralized mortgage obligations (“CMO”) 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	Jun. 30, 2024		Jun. 30, 2023
Available for sale
Amortized Cost	$ 1,861		$ 2,217
Gross Unrealized Gains	5		0
Gross Unrealized (Losses)	(17)		(62)
Estimated Fair Value	1,849		2,155
US Government Agencies Debt Securities [Member]
Available for sale
Amortized Cost	1,222	[1]	1,417
Gross Unrealized Gains	0	[1]	0
Gross Unrealized (Losses)	(14)	[1]	(47)
Estimated Fair Value	1,208	[1]	1,370
Mortgage-Backed Security, Issued by US Government-Sponsored Enterprise [Member]
Available for sale
Amortized Cost	548	[1]	697
Gross Unrealized Gains	5	[1]	0
Gross Unrealized (Losses)	0	[1]	(14)
Estimated Fair Value	553	[1]	683
Collateralized Mortgage Obligations [Member]
Available for sale
Amortized Cost	91	[2]	103
Gross Unrealized Gains	0	[2]	0
Gross Unrealized (Losses)	(3)	[2]	(1)
Estimated Fair Value	$ 88	[2]	$ 102

[1] Mortgage-backed securities (“MBS”) Collateralized mortgage obligations (“CMO”)

Investment Securities - Total i

Investment Securities - Total investment securities for amortized cost and estimated fair value (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Jun. 30, 2023
Investment Securities
Amortized Cost	$ 131,912	$ 156,554
Gross Unrealized Gains	81	0
Gross Unrealized (Losses)	(15,751)	(18,858)
Estimated Fair Value	116,242	137,696
Carrying Value	$ 131,900	$ 156,492

Investment Securities - Investm

Investment Securities - Investments with Unrealized Loss Positions for Available for sale (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Jun. 30, 2023
Schedule of Available-for-sale Securities [Line Items]
Unrealized Holding Losses, Less Than 12 Months, Fair Value	91	783
Unrealized Holding Losses, Less Than 12 Months, Unrealized Losses	$ 0	$ 22
Unrealized Holding Losses, 12 Months or More, Fair Value	1,213	1,333
Unrealized Holding Losses, 12 Months or More, Unrealized Losses	17	40
Unrealized Holding Losses Total, Fair Value	1,304	2,116
Unrealized Holding Losses Total, Unrealized Losses	$ 17	$ 62
US Government Agencies Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Unrealized Holding Losses, Less Than 12 Months, Fair Value	91	696
Unrealized Holding Losses, Less Than 12 Months, Unrealized Losses	$ 0	$ 20
Unrealized Holding Losses, 12 Months or More, Fair Value	1,117	673
Unrealized Holding Losses, 12 Months or More, Unrealized Losses	14	27
Unrealized Holding Losses Total, Fair Value	1,208	1,369
Unrealized Holding Losses Total, Unrealized Losses	$ 14	$ 47
Mortgage-Backed Security, Issued by US Government-Sponsored Enterprise [Member]
Schedule of Available-for-sale Securities [Line Items]
Unrealized Holding Losses, Less Than 12 Months, Fair Value	0	87
Unrealized Holding Losses, Less Than 12 Months, Unrealized Losses	$ 0	$ 2
Unrealized Holding Losses, 12 Months or More, Fair Value	8	558
Unrealized Holding Losses, 12 Months or More, Unrealized Losses	0	12
Unrealized Holding Losses Total, Fair Value	$ 8	645
Unrealized Holding Losses Total, Unrealized Losses		14
Collateralized Mortgage Obligations [Member]
Schedule of Available-for-sale 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	88	102
Unrealized Holding Losses, 12 Months or More, Unrealized Losses	3	1
Unrealized Holding Losses Total, Fair Value	88	102
Unrealized Holding Losses Total, Unrealized Losses	$ 3	$ 1

Investment Securities - Inves_2

Investment Securities - Investments with Unrealized Loss Positions for total investment securities (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Jun. 30, 2023
Investment Securities
Unrealized Holding Losses Less Than 12 Months, Fair Value	$ 546	$ 12,272
Unrealized Holding Losses Less Than 12 Months, Unrealized Losses	0	276
Unrealized Holding Losses 12 Months or More, Fair Value	110,203	125,386
Unrealized Holding Losses 12 Months or More, Unrealized Losses	15,751	18,582
Unrealized Holding Losses Total, Fair Value	110,749	137,658
Unrealized Holding Losses Total, Unrealized Losses	15,751	$ 18,858
Impairment on investment securities available for sale	$ 0

Investment Securities - Borrowi

Investment Securities - Borrowings (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Jun. 30, 2023
Short-Term Debt [Line Items]
Total available borrowing capacity across all sources	$ 519,900	$ 476,900
Total balance of loans	1,047	1,312
Pledged as Collateral \| Pledged to FRB
Short-Term Debt [Line Items]
Total balance of loans	178,600	0
Federal Home Loan Bank Advances [Member]
Short-Term Debt [Line Items]
Federal Home Loan Bank advances, unused borrowing facility	261,300	287,900
Pledged to FRB \| Discount Window Facility
Short-Term Debt [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	208,600	139,000
Securities held as collateral	126,600	150,300
Advances outstanding	0	0
Federal Funds Purchased [Member]
Short-Term Debt [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	$ 50,000	$ 50,000

Investment Securities - Sched_3

Investment Securities - Schedule of Available for Sale Securities by Contractual Maturity (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Jun. 30, 2023
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	1,055	590
Due after ten years	806	1,627
Total investment securities - available for sale, Amortized Cost	1,861	2,217
Amortized Cost	131,912	156,554
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	1,053	580
Due after ten years	796	1,575
Total investment securities - available for sale, Estimated Fair Value	1,849	2,155
Estimated Fair Value	$ 116,242	$ 137,696

Investment Securities - Sched_4

Investment Securities - Schedule of Held to maturity Securities by Contractual Maturity (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Jun. 30, 2023
Held to maturity, Amortized Cost
Due in one year or less	$ 349	$ 303
Due after one through five years	4,328	7,686
Due after five through ten years	49,331	61,043
Due after ten years	76,043	85,305
Total investment securities - held to maturity, Amortized Cost	130,051	154,337
Held to maturity, Estimated Fair Value
Due in one year or less	343	300
Due after one through five years	4,167	7,365
Due after five through ten years	44,830	54,686
Due after ten years	65,053	73,190
Total investment securities - held to maturity, Estimated Fair Value	$ 114,393	$ 135,541

Investment Securities - Additio

Investment Securities - Additional Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Debt Securities, Available-for-Sale [Line Items]
Payments to purchase investment securities	$ 0	$ 0
Unrealized Holding Losses less Than 12 Months, Fair Value	455	11,489
Unrealized Holding Losses less Than 12 Months, Unrealized Losses	0	254
Unrealized Holding Losses 12 Months or More, Fair Value	108,990	124,053
Unrealized Holding Losses 12 Months or More, Unrealized Losses	15,734	18,542
Unrealized Holding Losses Total, Fair Value	109,445	135,542
Unrealized Holding Losses Total, Unrealized Losses	$ 15,751	$ 18,858
Unrealized Holding Losses, Less Than 12 Months, Fair Value	91	783
Unrealized Holding Losses, Less Than 12 Months, Unrealized Losses	$ 0	$ 22
Unrealized Holding Losses, 12 Months or More, Fair Value	1,213	1,333
Held To Maturity Securities Continuous Unrealized Loss Position Accumulated Losses	15,734	18,796
Unrealized Holding Losses Less Than 12 Months, Fair Value	546	12,272
Unrealized Holding Losses Less Than 12 Months, Unrealized Losses	0	276
Available for sale securities realized loss	0	0
Investment securities - held to maturity, allowance for credit losses	0	0
U.S. government sponsored enterprise CMO
Debt Securities, Available-for-Sale [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	3,460	3,547
Unrealized Holding Losses 12 Months or More, Unrealized Losses	253	336
Unrealized Holding Losses Total, Fair Value	3,460	3,547
Held To Maturity Securities Continuous Unrealized Loss Position Accumulated Losses	253	336
Mortgage-Backed Security, Issued by US Government-Sponsored Enterprise [Member]
Debt Securities, Available-for-Sale [Line Items]
Principal payments from investment securities	24,100	30,700
Proceeds from sale of investment securities available for sale	0	0
Unrealized Holding Losses less Than 12 Months, Fair Value	0	10,839
Unrealized Holding Losses less Than 12 Months, Unrealized Losses	0	253
Unrealized Holding Losses 12 Months or More, Fair Value	105,530	120,506
Unrealized Holding Losses 12 Months or More, Unrealized Losses	15,481	18,206
Unrealized Holding Losses Total, Fair Value	$ 105,530	$ 131,345
Unrealized Holding Losses, Less Than 12 Months, Fair Value	0	87
Unrealized Holding Losses, Less Than 12 Months, Unrealized Losses	$ 0	$ 2
Unrealized Holding Losses, 12 Months or More, Fair Value	8	558
Held To Maturity Securities Continuous Unrealized Loss Position Accumulated Losses	15,481	18,459
U.S. SBA securities
Debt Securities, Available-for-Sale [Line Items]
Unrealized Holding Losses less Than 12 Months, Fair Value	455	650
Unrealized Holding Losses less Than 12 Months, Unrealized Losses	0	1
Unrealized Holding Losses 12 Months or More, Fair Value	0	0
Unrealized Holding Losses 12 Months or More, Unrealized Losses	0	0
Unrealized Holding Losses Total, Fair Value	$ 455	650
Held To Maturity Securities Continuous Unrealized Loss Position Accumulated Losses		$ 1

Loans Held for Investment - Sch

Loans Held for Investment - Schedule of Loans Held for Investment (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2022
Loans Held for Investment (Pre Adoption of ASU 2016-13)
Total loans held for investment, gross		$ 1,074,164
Advance payments of escrows	$ 102	148
Deferred loan costs, net		9,263
Allowance for credit losses		(5,946)	$ (5,564)
Total loans held for investment, net		1,077,629
Loans Held for Investment (Post Adoption of ASU 2016-13)
Total loans held for investment, gross	1,050,846
Advance payments of escrows	102	148
Deferred loan costs, net	9,096
ACL on loans	(7,065)	(5,946)	(5,564)
Total loans held for investment, net	1,052,979
Single-family
Loans Held for Investment (Pre Adoption of ASU 2016-13)
Total loans held for investment, gross		518,821
Multi Family
Loans Held for Investment (Pre Adoption of ASU 2016-13)
Total loans held for investment, gross		461,113
Construction
Loans Held for Investment (Pre Adoption of ASU 2016-13)
Total loans held for investment, gross		1,936
Other
Loans Held for Investment (Pre Adoption of ASU 2016-13)
Total loans held for investment, gross		106
Mortgage loans
Loans Held for Investment (Pre Adoption of ASU 2016-13)
Total loans held for investment, gross		90,558
Loans Held for Investment (Post Adoption of ASU 2016-13)
Total loans held for investment, gross	83,349
Mortgage loans \| Single-family
Loans Held for Investment (Pre Adoption of ASU 2016-13)
Total loans held for investment, gross		518,821
Allowance for credit losses		(1,720)	(1,383)
Loans Held for Investment (Post Adoption of ASU 2016-13)
Total loans held for investment, gross	518,091
ACL on loans	(6,295)	(1,720)
Mortgage loans \| Multi Family
Loans Held for Investment (Pre Adoption of ASU 2016-13)
Total loans held for investment, gross		461,113
Allowance for credit losses		(3,270)	(3,282)
Loans Held for Investment (Post Adoption of ASU 2016-13)
Total loans held for investment, gross	445,182
ACL on loans	(595)	(3,270)
Mortgage loans \| Commercial real estate
Loans Held for Investment (Pre Adoption of ASU 2016-13)
Total loans held for investment, gross		90,558
Allowance for credit losses		(868)	(816)
Loans Held for Investment (Post Adoption of ASU 2016-13)
Total loans held for investment, gross	83,349
ACL on loans	(66)	(868)
Mortgage loans \| Construction
Loans Held for Investment (Pre Adoption of ASU 2016-13)
Total loans held for investment, gross		1,936
Allowance for credit losses		(15)	(23)
Loans Held for Investment (Post Adoption of ASU 2016-13)
Total loans held for investment, gross	2,692
ACL on loans	(97)	(15)
Mortgage loans \| Other
Loans Held for Investment (Pre Adoption of ASU 2016-13)
Total loans held for investment, gross		106
Allowance for credit losses		(2)	(3)
Loans Held for Investment (Post Adoption of ASU 2016-13)
Total loans held for investment, gross	95
ACL on loans	(1)	(2)
Commercial business loans
Loans Held for Investment (Pre Adoption of ASU 2016-13)
Total loans held for investment, gross		1,565
Allowance for credit losses		(67)	(52)
Loans Held for Investment (Post Adoption of ASU 2016-13)
Total loans held for investment, gross	1,372
ACL on loans	(11)	(67)
Consumer loans
Loans Held for Investment (Pre Adoption of ASU 2016-13)
Total loans held for investment, gross		65
Allowance for credit losses		(4)	$ (5)
Loans Held for Investment (Post Adoption of ASU 2016-13)
Total loans held for investment, gross	$ 65
ACL on loans		$ (4)

Loans Held for Investment - S_2

Loans Held for Investment - Schedule of Loans Held for Investment Contractually Repricing (Details) $ in Thousands	Jun. 30, 2024 USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Fixed Rate	$ 110,172
Total	1,050,846
Within One Year
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	273,142
After One Year Through 3 Years
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	198,702
After 3 Years Through 5 Years
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	244,782
After 5 Years Through 10 Years
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	224,048
Mortgage loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	83,349
Mortgage loans \| Single-family
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Fixed Rate	108,756
Total	518,091
Mortgage loans \| Single-family \| Within One Year
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	54,686
Mortgage loans \| Single-family \| After One Year Through 3 Years
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	30,234
Mortgage loans \| Single-family \| After 3 Years Through 5 Years
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	104,979
Mortgage loans \| Single-family \| After 5 Years Through 10 Years
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	219,436
Mortgage loans \| Multi Family
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Fixed Rate	94
Total	445,182
Mortgage loans \| Multi Family \| Within One Year
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	180,464
Mortgage loans \| Multi Family \| After One Year Through 3 Years
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	144,227
Mortgage loans \| Multi Family \| After 3 Years Through 5 Years
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	115,785
Mortgage loans \| Multi Family \| After 5 Years Through 10 Years
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	4,612
Mortgage loans \| Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Fixed Rate	1,227
Total	83,349
Mortgage loans \| Commercial real estate \| Within One Year
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	33,863
Mortgage loans \| Commercial real estate \| After One Year Through 3 Years
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	24,241
Mortgage loans \| Commercial real estate \| After 3 Years Through 5 Years
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	24,018
Mortgage loans \| Construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	2,692
Mortgage loans \| Construction \| Within One Year
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	2,692
Mortgage loans \| Other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Fixed Rate	95
Total	95
Commercial business loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	1,372
Commercial business loans \| Within One Year
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	1,372
Consumer loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	65
Consumer loans \| Within One Year
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	$ 65

Loans Held for Investment - S_3

Loans Held for Investment - Schedule of Commercial real estate loans by property types and LTV (Details) - USD ($)	Jun. 30, 2024	Jun. 30, 2023
Loans Held for Investment
Total commercial real estate	$ 1,050,846,000
Total commercial real estate		$ 1,074,164,000
Mortgage loans
Loans Held for Investment
Total commercial real estate	$ 83,349,000
Total commercial real estate		$ 90,558,000
Percentage of Total commercial Real Estate	100%	100%
Weighted Average LTV	37	38
Mortgage loans \| Office
Loans Held for Investment
Total commercial real estate	$ 26,774,000
Total commercial real estate		$ 33,198,000
Percentage of Total commercial Real Estate	32%	37%
Weighted Average LTV	43	44
Mortgage loans \| Mixed use
Loans Held for Investment
Total commercial real estate	$ 16,090,000
Total commercial real estate		$ 17,920,000
Percentage of Total commercial Real Estate	19%	20%
Weighted Average LTV	35	36
Mortgage loans \| Retail
Loans Held for Investment
Total commercial real estate	$ 12,501,000
Total commercial real estate		$ 12,991,000
Percentage of Total commercial Real Estate	15%	14%
Weighted Average LTV	30	32
Mortgage loans \| Warehouse
Loans Held for Investment
Total commercial real estate	$ 11,924,000
Total commercial real estate		$ 10,644,000
Percentage of Total commercial Real Estate	14%	12%
Weighted Average LTV	31	31
Mortgage loans \| Medical/dental office
Loans Held for Investment
Total commercial real estate	$ 7,084,000
Total commercial real estate		$ 6,641,000
Percentage of Total commercial Real Estate	9%	7%
Weighted Average LTV	44	50
Mortgage loans \| Mobile home park
Loans Held for Investment
Total commercial real estate	$ 6,909,000
Total commercial real estate		$ 7,057,000
Percentage of Total commercial Real Estate	8%	8%
Weighted Average LTV	38	39
Mortgage loans \| Restaurant/Fast Food
Loans Held for Investment
Total commercial real estate	$ 1,190,000
Total commercial real estate		$ 1,014,000
Percentage of Total commercial Real Estate	2%	1%
Weighted Average LTV	46	24
Mortgage loans \| Automotive - non gasoline
Loans Held for Investment
Total commercial real estate	$ 578,000
Total commercial real estate		$ 485,000
Percentage of Total commercial Real Estate	1%	1%
Weighted Average LTV	26	19
Mortgage loans \| Live/work
Loans Held for Investment
Total commercial real estate	$ 299,000
Total commercial real estate		$ 337,000
Weighted Average LTV	13	15
Mortgage loans \| Light industrial/manufacturing
Loans Held for Investment
Total commercial real estate		$ 271,000
Weighted Average LTV		8
Mortgage loans \| Commercial real estate
Loans Held for Investment
Total commercial real estate	$ 83,349,000
Total commercial real estate		$ 90,558,000
Mortgage loans \| Commercial real estate \| Office/Retail
Loans Held for Investment
Total commercial real estate	6,900,000
Total commercial real estate		8,200,000
Mortgage loans \| Commercial real estate \| Multi-family/Retail
Loans Held for Investment
Total commercial real estate	4,700,000
Total commercial real estate		5,600,000
Mortgage loans \| Commercial real estate \| Other Mixed Use
Loans Held for Investment
Total commercial real estate	3,000,000
Total commercial real estate		3,400,000
Mortgage loans \| Commercial real estate \| Multi-family/Commercial
Loans Held for Investment
Total commercial real estate	754,000
Mortgage loans \| Commercial real estate \| Multi-family/Office
Loans Held for Investment
Total commercial real estate	685,000
Total commercial real estate		700,000
Mortgage loans \| Owner Occupied Loan Balance
Loans Held for Investment
Total commercial real estate	12,188,000
Total commercial real estate		12,839,000
Mortgage loans \| Owner Occupied Loan Balance \| Office
Loans Held for Investment
Total commercial real estate	6,690,000
Total commercial real estate		9,283,000
Mortgage loans \| Owner Occupied Loan Balance \| Mixed use
Loans Held for Investment
Total commercial real estate	293,000
Total commercial real estate		306,000
Mortgage loans \| Owner Occupied Loan Balance \| Warehouse
Loans Held for Investment
Total commercial real estate	2,076,000
Total commercial real estate		2,133,000
Mortgage loans \| Owner Occupied Loan Balance \| Medical/dental office
Loans Held for Investment
Total commercial real estate	2,439,000
Total commercial real estate		1,117,000
Mortgage loans \| Owner Occupied Loan Balance \| Restaurant/Fast Food
Loans Held for Investment
Total commercial real estate	690,000
Mortgage loans \| Non Owner Occupied Loan Balance
Loans Held for Investment
Total commercial real estate	71,161,000
Total commercial real estate		77,719,000
Mortgage loans \| Non Owner Occupied Loan Balance \| Office
Loans Held for Investment
Total commercial real estate	20,084,000
Total commercial real estate		23,915,000
Mortgage loans \| Non Owner Occupied Loan Balance \| Mixed use
Loans Held for Investment
Total commercial real estate	15,797,000
Total commercial real estate		17,614,000
Mortgage loans \| Non Owner Occupied Loan Balance \| Retail
Loans Held for Investment
Total commercial real estate	12,501,000
Total commercial real estate		12,991,000
Mortgage loans \| Non Owner Occupied Loan Balance \| Warehouse
Loans Held for Investment
Total commercial real estate	9,848,000
Total commercial real estate		8,511,000
Mortgage loans \| Non Owner Occupied Loan Balance \| Medical/dental office
Loans Held for Investment
Total commercial real estate	4,645,000
Total commercial real estate		5,524,000
Mortgage loans \| Non Owner Occupied Loan Balance \| Mobile home park
Loans Held for Investment
Total commercial real estate	6,909,000
Total commercial real estate		7,057,000
Mortgage loans \| Non Owner Occupied Loan Balance \| Restaurant/Fast Food
Loans Held for Investment
Total commercial real estate	500,000
Total commercial real estate		1,014,000
Mortgage loans \| Non Owner Occupied Loan Balance \| Automotive - non gasoline
Loans Held for Investment
Total commercial real estate	578,000
Total commercial real estate		485,000
Mortgage loans \| Non Owner Occupied Loan Balance \| Live/work
Loans Held for Investment
Total commercial real estate	$ 299,000
Total commercial real estate		337,000
Mortgage loans \| Non Owner Occupied Loan Balance \| Light industrial/manufacturing
Loans Held for Investment
Total commercial real estate		$ 271,000

Loans Held for Investment - S_4

Loans Held for Investment - Schedule of commercial real estate loans by geographic concentration (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Jun. 30, 2023
Loans Held for Investment
Total commercial real estate	$ 1,050,846
Total commercial real estate		$ 1,074,164
Mortgage loans
Loans Held for Investment
Total commercial real estate	83,349
Total commercial real estate		90,558
Mortgage loans \| Office
Loans Held for Investment
Total commercial real estate	26,774
Total commercial real estate		33,198
Mortgage loans \| Mixed use
Loans Held for Investment
Total commercial real estate	16,090
Total commercial real estate		17,920
Mortgage loans \| Retail
Loans Held for Investment
Total commercial real estate	12,501
Total commercial real estate		12,991
Mortgage loans \| Warehouse
Loans Held for Investment
Total commercial real estate	11,924
Total commercial real estate		10,644
Mortgage loans \| Medical/dental office
Loans Held for Investment
Total commercial real estate	7,084
Total commercial real estate		6,641
Mortgage loans \| Mobile home park
Loans Held for Investment
Total commercial real estate	6,909
Total commercial real estate		7,057
Mortgage loans \| Restaurant/Fast Food
Loans Held for Investment
Total commercial real estate	1,190
Total commercial real estate		1,014
Mortgage loans \| Automotive - non gasoline
Loans Held for Investment
Total commercial real estate	578
Total commercial real estate		485
Mortgage loans \| Live/work
Loans Held for Investment
Total commercial real estate	299
Total commercial real estate		337
Mortgage loans \| Light industrial/manufacturing
Loans Held for Investment
Total commercial real estate		271
Mortgage loans \| Commercial real estate
Loans Held for Investment
Total commercial real estate	$ 83,349
Total commercial real estate		$ 90,558
Percentage of commercial real estate loan	100%	100%
Mortgage loans \| Commercial real estate \| Inland empire
Loans Held for Investment
Total commercial real estate	$ 13,583
Total commercial real estate		$ 16,586
Percentage of commercial real estate loan	16%	18%
Mortgage loans \| Commercial real estate \| Southern California
Loans Held for Investment
Total commercial real estate	$ 44,574
Total commercial real estate		$ 49,183
Percentage of commercial real estate loan	54%	54%
Mortgage loans \| Commercial real estate \| Other California
Loans Held for Investment
Total commercial real estate	$ 25,192
Total commercial real estate		$ 24,789
Percentage of commercial real estate loan	30%	28%
Mortgage loans \| Owner Occupied Loan Balance
Loans Held for Investment
Total commercial real estate	$ 12,188
Total commercial real estate		$ 12,839
Percentage of commercial real estate loan	100%	100%
Mortgage loans \| Owner Occupied Loan Balance \| Inland empire
Loans Held for Investment
Total commercial real estate	$ 1,816
Total commercial real estate		$ 2,930
Percentage of commercial real estate loan	15%	23%
Mortgage loans \| Owner Occupied Loan Balance \| Southern California
Loans Held for Investment
Total commercial real estate	$ 9,129
Total commercial real estate		$ 8,622
Percentage of commercial real estate loan	75%	67%
Mortgage loans \| Owner Occupied Loan Balance \| Other California
Loans Held for Investment
Total commercial real estate	$ 1,243
Total commercial real estate		$ 1,287
Percentage of commercial real estate loan	10%	10%
Mortgage loans \| Owner Occupied Loan Balance \| Office
Loans Held for Investment
Total commercial real estate	$ 6,690
Total commercial real estate		$ 9,283
Percentage of commercial real estate loan	100%	100%
Mortgage loans \| Owner Occupied Loan Balance \| Office \| Inland empire
Loans Held for Investment
Total commercial real estate	$ 1,540
Total commercial real estate		$ 2,649
Percentage of commercial real estate loan	23%	29%
Mortgage loans \| Owner Occupied Loan Balance \| Office \| Southern California
Loans Held for Investment
Total commercial real estate	$ 4,959
Total commercial real estate		$ 6,436
Percentage of commercial real estate loan	74%	69%
Mortgage loans \| Owner Occupied Loan Balance \| Office \| Other California
Loans Held for Investment
Total commercial real estate	$ 191
Total commercial real estate		$ 198
Percentage of commercial real estate loan	3%	2%
Mortgage loans \| Owner Occupied Loan Balance \| Mixed use
Loans Held for Investment
Total commercial real estate	$ 293
Total commercial real estate		$ 306
Percentage of commercial real estate loan	100%	100%
Mortgage loans \| Owner Occupied Loan Balance \| Mixed use \| Other California
Loans Held for Investment
Total commercial real estate	$ 293
Total commercial real estate		$ 306
Percentage of commercial real estate loan	100%	100%
Mortgage loans \| Owner Occupied Loan Balance \| Warehouse
Loans Held for Investment
Total commercial real estate	$ 2,076
Total commercial real estate		$ 2,133
Percentage of commercial real estate loan	100%	100%
Mortgage loans \| Owner Occupied Loan Balance \| Warehouse \| Southern California
Loans Held for Investment
Total commercial real estate	$ 1,689
Total commercial real estate		$ 1,733
Percentage of commercial real estate loan	81%	81%
Mortgage loans \| Owner Occupied Loan Balance \| Warehouse \| Other California
Loans Held for Investment
Total commercial real estate	$ 387
Total commercial real estate		$ 400
Percentage of commercial real estate loan	19%	19%
Mortgage loans \| Owner Occupied Loan Balance \| Medical/dental office
Loans Held for Investment
Total commercial real estate	$ 2,439
Total commercial real estate		$ 1,117
Percentage of commercial real estate loan	100%	100%
Mortgage loans \| Owner Occupied Loan Balance \| Medical/dental office \| Inland empire
Loans Held for Investment
Total commercial real estate	$ 276
Total commercial real estate		$ 281
Percentage of commercial real estate loan	11%	25%
Mortgage loans \| Owner Occupied Loan Balance \| Medical/dental office \| Southern California
Loans Held for Investment
Total commercial real estate	$ 1,791
Total commercial real estate		$ 453
Percentage of commercial real estate loan	74%	41%
Mortgage loans \| Owner Occupied Loan Balance \| Medical/dental office \| Other California
Loans Held for Investment
Total commercial real estate	$ 372
Total commercial real estate		$ 383
Percentage of commercial real estate loan	15%	34%
Mortgage loans \| Owner Occupied Loan Balance \| Restaurant/Fast Food
Loans Held for Investment
Total commercial real estate	$ 690
Percentage of commercial real estate loan	100%
Mortgage loans \| Owner Occupied Loan Balance \| Restaurant/Fast Food \| Southern California
Loans Held for Investment
Total commercial real estate	$ 690
Percentage of commercial real estate loan	100%
Mortgage loans \| Non Owner Occupied Loan Balance
Loans Held for Investment
Total commercial real estate	$ 71,161
Total commercial real estate		$ 77,719
Percentage of commercial real estate loan	100%	100%
Mortgage loans \| Non Owner Occupied Loan Balance \| Inland empire
Loans Held for Investment
Total commercial real estate	$ 11,767
Total commercial real estate		$ 13,656
Percentage of commercial real estate loan	16%	18%
Mortgage loans \| Non Owner Occupied Loan Balance \| Southern California
Loans Held for Investment
Total commercial real estate	$ 35,445
Total commercial real estate		$ 40,561
Percentage of commercial real estate loan	50%	52%
Mortgage loans \| Non Owner Occupied Loan Balance \| Other California
Loans Held for Investment
Total commercial real estate	$ 23,949
Total commercial real estate		$ 23,502
Percentage of commercial real estate loan	34%	30%
Mortgage loans \| Non Owner Occupied Loan Balance \| Office
Loans Held for Investment
Total commercial real estate	$ 20,084
Total commercial real estate		$ 23,915
Percentage of commercial real estate loan	100%	100%
Mortgage loans \| Non Owner Occupied Loan Balance \| Office \| Inland empire
Loans Held for Investment
Total commercial real estate	$ 2,951
Total commercial real estate		$ 4,420
Percentage of commercial real estate loan	15%	18%
Mortgage loans \| Non Owner Occupied Loan Balance \| Office \| Southern California
Loans Held for Investment
Total commercial real estate	$ 13,837
Total commercial real estate		$ 14,767
Percentage of commercial real estate loan	69%	62%
Mortgage loans \| Non Owner Occupied Loan Balance \| Office \| Other California
Loans Held for Investment
Total commercial real estate	$ 3,296
Total commercial real estate		$ 4,728
Percentage of commercial real estate loan	16%	20%
Mortgage loans \| Non Owner Occupied Loan Balance \| Mixed use
Loans Held for Investment
Total commercial real estate	$ 15,797
Total commercial real estate		$ 17,614
Percentage of commercial real estate loan	100%	100%
Mortgage loans \| Non Owner Occupied Loan Balance \| Mixed use \| Inland empire
Loans Held for Investment
Total commercial real estate	$ 505
Total commercial real estate		$ 660
Percentage of commercial real estate loan	3%	4%
Mortgage loans \| Non Owner Occupied Loan Balance \| Mixed use \| Southern California
Loans Held for Investment
Total commercial real estate	$ 6,243
Total commercial real estate		$ 7,292
Percentage of commercial real estate loan	40%	41%
Mortgage loans \| Non Owner Occupied Loan Balance \| Mixed use \| Other California
Loans Held for Investment
Total commercial real estate	$ 9,049
Total commercial real estate		$ 9,662
Percentage of commercial real estate loan	57%	55%
Mortgage loans \| Non Owner Occupied Loan Balance \| Retail
Loans Held for Investment
Total commercial real estate	$ 12,501
Total commercial real estate		$ 12,991
Percentage of commercial real estate loan	100%	100%
Mortgage loans \| Non Owner Occupied Loan Balance \| Retail \| Inland empire
Loans Held for Investment
Total commercial real estate	$ 1,050
Total commercial real estate		$ 1,076
Percentage of commercial real estate loan	8%	8%
Mortgage loans \| Non Owner Occupied Loan Balance \| Retail \| Southern California
Loans Held for Investment
Total commercial real estate	$ 6,996
Total commercial real estate		$ 7,353
Percentage of commercial real estate loan	56%	57%
Mortgage loans \| Non Owner Occupied Loan Balance \| Retail \| Other California
Loans Held for Investment
Total commercial real estate	$ 4,455
Total commercial real estate		$ 4,562
Percentage of commercial real estate loan	36%	35%
Mortgage loans \| Non Owner Occupied Loan Balance \| Warehouse
Loans Held for Investment
Total commercial real estate	$ 9,848
Total commercial real estate		$ 8,511
Percentage of commercial real estate loan	100%	100%
Mortgage loans \| Non Owner Occupied Loan Balance \| Warehouse \| Inland empire
Loans Held for Investment
Total commercial real estate	$ 605
Total commercial real estate		$ 623
Percentage of commercial real estate loan	6%	7%
Mortgage loans \| Non Owner Occupied Loan Balance \| Warehouse \| Southern California
Loans Held for Investment
Total commercial real estate	$ 4,774
Total commercial real estate		$ 5,690
Percentage of commercial real estate loan	49%	67%
Mortgage loans \| Non Owner Occupied Loan Balance \| Warehouse \| Other California
Loans Held for Investment
Total commercial real estate	$ 4,469
Total commercial real estate		$ 2,198
Percentage of commercial real estate loan	45%	26%
Mortgage loans \| Non Owner Occupied Loan Balance \| Medical/dental office
Loans Held for Investment
Total commercial real estate	$ 4,645
Total commercial real estate		$ 5,524
Percentage of commercial real estate loan	100%	100%
Mortgage loans \| Non Owner Occupied Loan Balance \| Medical/dental office \| Inland empire
Loans Held for Investment
Total commercial real estate	$ 1,797
Total commercial real estate		$ 1,910
Percentage of commercial real estate loan	39%	35%
Mortgage loans \| Non Owner Occupied Loan Balance \| Medical/dental office \| Southern California
Loans Held for Investment
Total commercial real estate	$ 2,159
Total commercial real estate		$ 3,325
Percentage of commercial real estate loan	46%	60%
Mortgage loans \| Non Owner Occupied Loan Balance \| Medical/dental office \| Other California
Loans Held for Investment
Total commercial real estate	$ 689
Total commercial real estate		$ 289
Percentage of commercial real estate loan	15%	5%
Mortgage loans \| Non Owner Occupied Loan Balance \| Mobile home park
Loans Held for Investment
Total commercial real estate	$ 6,909
Total commercial real estate		$ 7,057
Percentage of commercial real estate loan	100%	100%
Mortgage loans \| Non Owner Occupied Loan Balance \| Mobile home park \| Inland empire
Loans Held for Investment
Total commercial real estate	$ 4,859
Total commercial real estate		$ 4,967
Percentage of commercial real estate loan	70%	70%
Mortgage loans \| Non Owner Occupied Loan Balance \| Mobile home park \| Southern California
Loans Held for Investment
Total commercial real estate	$ 358
Total commercial real estate		$ 364
Percentage of commercial real estate loan	5%	5%
Mortgage loans \| Non Owner Occupied Loan Balance \| Mobile home park \| Other California
Loans Held for Investment
Total commercial real estate	$ 1,692
Total commercial real estate		$ 1,726
Percentage of commercial real estate loan	25%	25%
Mortgage loans \| Non Owner Occupied Loan Balance \| Restaurant/Fast Food
Loans Held for Investment
Total commercial real estate	$ 500
Total commercial real estate		$ 1,014
Percentage of commercial real estate loan	100%	100%
Mortgage loans \| Non Owner Occupied Loan Balance \| Restaurant/Fast Food \| Southern California
Loans Held for Investment
Total commercial real estate	$ 500
Total commercial real estate		$ 1,014
Percentage of commercial real estate loan	100%	100%
Mortgage loans \| Non Owner Occupied Loan Balance \| Automotive - non gasoline
Loans Held for Investment
Total commercial real estate	$ 578
Total commercial real estate		$ 485
Percentage of commercial real estate loan	100%	100%
Mortgage loans \| Non Owner Occupied Loan Balance \| Automotive - non gasoline \| Southern California
Loans Held for Investment
Total commercial real estate	$ 578
Total commercial real estate		$ 485
Percentage of commercial real estate loan	100%	100%
Mortgage loans \| Non Owner Occupied Loan Balance \| Live/work
Loans Held for Investment
Total commercial real estate	$ 299
Total commercial real estate		$ 337
Percentage of commercial real estate loan	100%	100%
Mortgage loans \| Non Owner Occupied Loan Balance \| Live/work \| Other California
Loans Held for Investment
Total commercial real estate	$ 299
Total commercial real estate		$ 337
Percentage of commercial real estate loan	100%	100%
Mortgage loans \| Non Owner Occupied Loan Balance \| Light industrial/manufacturing
Loans Held for Investment
Total commercial real estate		$ 271
Percentage of commercial real estate loan		100%
Mortgage loans \| Non Owner Occupied Loan Balance \| Light industrial/manufacturing \| Southern California
Loans Held for Investment
Total commercial real estate		$ 271
Percentage of commercial real estate loan		100%

Loans Held for Investment - S_5

Loans Held for Investment - Schedule of Gross Loans Held for Investment by Loan Types and Risk Category (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Jun. 30, 2023
Investment in loans by risk categories by year of origination
Year 1	$ 35,227	$ 77,502
Year 2	103,571	319,657
Year 3	306,108	255,094
Year 4	240,496	92,750
Year 5	86,089	81,483
Prior	278,060	246,202
Revolving Loans	1,295	1,476
Total	1,050,846
Total		1,074,164
Single-family
Investment in loans by risk categories by year of origination
Total		518,821
Multi Family
Investment in loans by risk categories by year of origination
Total		461,113
Construction Loans [Member]
Investment in loans by risk categories by year of origination
Total		1,936
Other
Investment in loans by risk categories by year of origination
Total		106
Mortgage loans
Investment in loans by risk categories by year of origination
Total	83,349
Total		90,558
Mortgage loans \| Single-family
Investment in loans by risk categories by year of origination
Year 1	19,476	51,378
Year 2	60,688	216,989
Year 3	205,817	157,015
Year 4	149,084	20,992
Year 5	19,606	11,793
Prior	63,406	60,622
Revolving Loans	14	32
Total	518,091
Total		518,821
Mortgage loans \| Single-family \| Pass [Member]
Investment in loans by risk categories by year of origination
Year 1	19,476	51,378
Year 2	60,688	216,989
Year 3	205,817	157,015
Year 4	149,084	20,741
Year 5	19,606	11,793
Prior	59,702	59,451
Revolving Loans	14	32
Total	514,387
Total		517,399
Mortgage loans \| Single-family \| Special Mention [Member]
Investment in loans by risk categories by year of origination
Prior	1,111
Total	1,111
Mortgage loans \| Single-family \| Substandard [Member]
Investment in loans by risk categories by year of origination
Year 4		251
Prior	2,593	1,171
Total	2,593
Total		1,422
Mortgage loans \| Multi Family
Investment in loans by risk categories by year of origination
Year 1	10,374	17,429
Year 2	28,892	77,956
Year 3	75,876	91,436
Year 4	87,394	65,127
Year 5	60,938	59,709
Prior	181,708	149,456
Total	445,182
Total		461,113
Mortgage loans \| Multi Family \| Pass [Member]
Investment in loans by risk categories by year of origination
Year 1	10,374	17,429
Year 2	28,892	77,956
Year 3	75,876	90,926
Year 4	86,916	65,127
Year 5	60,938	59,709
Prior	180,119	149,456
Total	443,115
Total		460,603
Mortgage loans \| Multi Family \| Special Mention [Member]
Investment in loans by risk categories by year of origination
Year 3		510
Total		510
Mortgage loans \| Multi Family \| Substandard [Member]
Investment in loans by risk categories by year of origination
Year 4	478
Prior	1,589
Total	2,067
Mortgage loans \| Commercial real estate
Investment in loans by risk categories by year of origination
Year 1	3,874	8,586
Year 2	13,763	23,815
Year 3	23,298	5,527
Year 4	4,018	6,525
Year 5	5,450	9,981
Prior	32,946	36,124
Total	83,349
Total		90,558
Mortgage loans \| Commercial real estate \| Pass [Member]
Investment in loans by risk categories by year of origination
Year 1	3,874	8,586
Year 2	13,763	23,815
Year 3	23,298	5,527
Year 4	4,018	6,525
Year 5	5,450	9,981
Prior	32,946	35,577
Total	83,349
Total		90,011
Mortgage loans \| Commercial real estate \| Substandard [Member]
Investment in loans by risk categories by year of origination
Prior		547
Total		547
Mortgage loans \| Construction Loans [Member]
Investment in loans by risk categories by year of origination
Year 1	1,480	94
Year 2	228	726
Year 3	984	1,116
Total	2,692
Total		1,936
Mortgage loans \| Construction Loans [Member] \| Pass [Member]
Investment in loans by risk categories by year of origination
Year 1	1,480	94
Year 2	228	726
Year 3	984	1,116
Total	2,692
Total		1,936
Mortgage loans \| Other
Investment in loans by risk categories by year of origination
Year 4		106
Year 5	95
Total	95
Total		106
Mortgage loans \| Other \| Pass [Member]
Investment in loans by risk categories by year of origination
Year 4		106
Year 5	95
Total	95
Total		106
Commercial business loans
Investment in loans by risk categories by year of origination
Year 2		171
Year 3	133
Revolving Loans	1,239	1,394
Total	1,372
Total		1,565
Commercial business loans \| Pass [Member]
Investment in loans by risk categories by year of origination
Year 2		171
Year 3	133
Revolving Loans	1,239	1,394
Total	1,372
Total		1,565
Consumer loans
Investment in loans by risk categories by year of origination
Year 1	23	15
Revolving Loans	42	50
Total	65
Total		65
Consumer loans \| Not graded
Investment in loans by risk categories by year of origination
Year 1	23	15
Total	23
Total		15
Consumer loans \| Pass [Member]
Investment in loans by risk categories by year of origination
Revolving Loans	42	50
Total	$ 42
Total		$ 50

Loans Held for Investment - S_6

Loans Held for Investment - Schedule of Allowance For Credit Losses and Recorded Investment in Gross Loans, by Portfolio Type (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Allowance for Loan and Lease Losses [Roll Forward]
ACL, beginning of the period	$ 5,946	$ 5,564
ACL, beginning of period	5,946	5,564
Provision for (reversal of) credit losses	(78)
(Recovery of) provision for credit losses		374
Recoveries		8
ACL, end of period		5,946
ACL, end of period	7,065	5,946
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
ACL, beginning of period	5,946	5,564
Provision for (reversal of) credit losses	(78)
ACL, end of period	7,065	5,946
Allowance for credit losses: Individually evaluated for impairment	37	37
Allowance for credit losses: Collectively evaluated for impairment	7,028	5,909
Loans held for investment: Individually evaluated for allowances	1,134	996
Loans held for investment: Collectively evaluated for allowances	1,049,712	1,073,168
Total loans held for investment, gross		$ 1,074,164
Total loans held for investment, gross	$ 1,050,846
ACL as a percentage of gross loans held for investment	0.67%	0.55%
Net (recoveries) charge-offs as a percentage of average loans receivable, net, during the period		0%
Accounting Standards Update 2016-13 [Member] \| Cumulative Effect, Period of Adoption, Adjustment [Member]
Allowance for Loan and Lease Losses [Roll Forward]
ACL, beginning of period	$ 1,197
ACL, end of period		$ 1,197
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
ACL, beginning of period	1,197
ACL, end of period		1,197
Single-family
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Total loans held for investment, gross		518,821
Multi Family
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Total loans held for investment, gross		461,113
Construction Loans [Member]
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Total loans held for investment, gross		1,936
Other
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Total loans held for investment, gross		106
Mortgage loans
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Total loans held for investment, gross		90,558
Total loans held for investment, gross	83,349
Mortgage loans \| Single-family
Allowance for Loan and Lease Losses [Roll Forward]
ACL, beginning of the period	1,720	1,383
ACL, beginning of period	1,720
Provision for (reversal of) credit losses	(30)
(Recovery of) provision for credit losses		329
Recoveries		8
ACL, end of period		1,720
ACL, end of period	6,295	1,720
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
ACL, beginning of period	1,720
Provision for (reversal of) credit losses	(30)
ACL, end of period	6,295	1,720
Allowance for credit losses: Individually evaluated for impairment	37	37
Allowance for credit losses: Collectively evaluated for impairment	6,258	1,683
Loans held for investment: Individually evaluated for allowances	1,134	996
Loans held for investment: Collectively evaluated for allowances	516,957	517,825
Total loans held for investment, gross		$ 518,821
Total loans held for investment, gross	$ 518,091
ACL as a percentage of gross loans held for investment	1.22%	0.33%
Net (recoveries) charge-offs as a percentage of average loans receivable, net, during the period		0%
Mortgage loans \| Single-family \| Accounting Standards Update 2016-13 [Member] \| Cumulative Effect, Period of Adoption, Adjustment [Member]
Allowance for Loan and Lease Losses [Roll Forward]
ACL, beginning of period	$ 4,605
ACL, end of period		$ 4,605
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
ACL, beginning of period	4,605
ACL, end of period		4,605
Mortgage loans \| Multi Family
Allowance for Loan and Lease Losses [Roll Forward]
ACL, beginning of the period	3,270	3,282
ACL, beginning of period	3,270
Provision for (reversal of) credit losses	(61)
(Recovery of) provision for credit losses		(12)
ACL, end of period		3,270
ACL, end of period	595	3,270
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
ACL, beginning of period	3,270
Provision for (reversal of) credit losses	(61)
ACL, end of period	595	3,270
Allowance for credit losses: Collectively evaluated for impairment	595	3,270
Loans held for investment: Collectively evaluated for allowances	445,182	461,113
Total loans held for investment, gross		$ 461,113
Total loans held for investment, gross	$ 445,182
ACL as a percentage of gross loans held for investment	0.13%	0.71%
Mortgage loans \| Multi Family \| Accounting Standards Update 2016-13 [Member] \| Cumulative Effect, Period of Adoption, Adjustment [Member]
Allowance for Loan and Lease Losses [Roll Forward]
ACL, beginning of period	$ (2,614)
ACL, end of period		$ (2,614)
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
ACL, beginning of period	(2,614)
ACL, end of period		(2,614)
Mortgage loans \| Commercial real estate
Allowance for Loan and Lease Losses [Roll Forward]
ACL, beginning of the period	868	816
ACL, beginning of period	868
Provision for (reversal of) credit losses	(16)
(Recovery of) provision for credit losses		52
ACL, end of period		868
ACL, end of period	66	868
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
ACL, beginning of period	868
Provision for (reversal of) credit losses	(16)
ACL, end of period	66	868
Allowance for credit losses: Collectively evaluated for impairment	66	868
Loans held for investment: Collectively evaluated for allowances	83,349	90,558
Total loans held for investment, gross		$ 90,558
Total loans held for investment, gross	$ 83,349
ACL as a percentage of gross loans held for investment	0.08%	0.96%
Mortgage loans \| Commercial real estate \| Accounting Standards Update 2016-13 [Member] \| Cumulative Effect, Period of Adoption, Adjustment [Member]
Allowance for Loan and Lease Losses [Roll Forward]
ACL, beginning of period	$ (786)
ACL, end of period		$ (786)
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
ACL, beginning of period	(786)
ACL, end of period		(786)
Mortgage loans \| Construction Loans [Member]
Allowance for Loan and Lease Losses [Roll Forward]
ACL, beginning of the period	15	23
ACL, beginning of period	15
Provision for (reversal of) credit losses	35
(Recovery of) provision for credit losses		(8)
ACL, end of period		15
ACL, end of period	97	15
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
ACL, beginning of period	15
Provision for (reversal of) credit losses	35
ACL, end of period	97	15
Allowance for credit losses: Collectively evaluated for impairment	97	15
Loans held for investment: Collectively evaluated for allowances	2,692	1,936
Total loans held for investment, gross		$ 1,936
Total loans held for investment, gross	$ 2,692
ACL as a percentage of gross loans held for investment	3.60%	0.77%
Mortgage loans \| Construction Loans [Member] \| Accounting Standards Update 2016-13 [Member] \| Cumulative Effect, Period of Adoption, Adjustment [Member]
Allowance for Loan and Lease Losses [Roll Forward]
ACL, beginning of period	$ 47
ACL, end of period		$ 47
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
ACL, beginning of period	47
ACL, end of period		47
Mortgage loans \| Other
Allowance for Loan and Lease Losses [Roll Forward]
ACL, beginning of the period	2	3
ACL, beginning of period	2
Provision for (reversal of) credit losses	(4)
(Recovery of) provision for credit losses		(1)
ACL, end of period		2
ACL, end of period	1	2
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
ACL, beginning of period	2
Provision for (reversal of) credit losses	(4)
ACL, end of period	1	2
Allowance for credit losses: Collectively evaluated for impairment	1	2
Loans held for investment: Collectively evaluated for allowances	95	106
Total loans held for investment, gross		$ 106
Total loans held for investment, gross	$ 95
ACL as a percentage of gross loans held for investment	1.05%	1.89%
Mortgage loans \| Other \| Accounting Standards Update 2016-13 [Member] \| Cumulative Effect, Period of Adoption, Adjustment [Member]
Allowance for Loan and Lease Losses [Roll Forward]
ACL, beginning of period	$ 3
ACL, end of period		$ 3
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
ACL, beginning of period	3
ACL, end of period		3
Commercial business loans
Allowance for Loan and Lease Losses [Roll Forward]
ACL, beginning of the period	67	52
ACL, beginning of period	67
Provision for (reversal of) credit losses	(2)
(Recovery of) provision for credit losses		15
ACL, end of period		67
ACL, end of period	11	67
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
ACL, beginning of period	67
Provision for (reversal of) credit losses	(2)
ACL, end of period	11	67
Allowance for credit losses: Collectively evaluated for impairment	11	67
Loans held for investment: Collectively evaluated for allowances	1,372	1,565
Total loans held for investment, gross		$ 1,565
Total loans held for investment, gross	$ 1,372
ACL as a percentage of gross loans held for investment	0.80%	4.28%
Commercial business loans \| Accounting Standards Update 2016-13 [Member] \| Cumulative Effect, Period of Adoption, Adjustment [Member]
Allowance for Loan and Lease Losses [Roll Forward]
ACL, beginning of period	$ (54)
ACL, end of period		$ (54)
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
ACL, beginning of period	(54)
ACL, end of period		(54)
Consumer loans
Allowance for Loan and Lease Losses [Roll Forward]
ACL, beginning of the period	4	5
ACL, beginning of period	4
(Recovery of) provision for credit losses		(1)
ACL, end of period		4
ACL, end of period		4
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
ACL, beginning of period	4
ACL, end of period		4
Allowance for credit losses: Collectively evaluated for impairment		4
Loans held for investment: Collectively evaluated for allowances	65	65
Total loans held for investment, gross		$ 65
Total loans held for investment, gross	65
ACL as a percentage of gross loans held for investment		6.15%
Consumer loans \| Accounting Standards Update 2016-13 [Member] \| Cumulative Effect, Period of Adoption, Adjustment [Member]
Allowance for Loan and Lease Losses [Roll Forward]
ACL, beginning of period	(4)
ACL, end of period		$ (4)
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
ACL, beginning of period	$ (4)
ACL, end of period		$ (4)

Loans Held for Investment - S_7

Loans Held for Investment - Schedule of Total Recorded Investment in Non-Performing Loans by Type (Details) - USD ($)	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Financing Receivable, Allowance for Credit Losses [Line Items]
Unpaid Principal Balance	$ 2,694,000
Unpaid Principal Balance		$ 1,447,000
Related Charge-Offs	(25,000)	(25,000)
Recorded Investment	2,669,000
Recorded Investment		1,422,000
Related Allowance	(73,000)
Related Allowance		(122,000)
Recorded Investment, Net of Allowance	2,596,000	1,300,000
Average Recorded Investment	2,071,000
Average Recorded Investment		1,108,000
Total interest income recognized	119,000	42,000
Total interest income recognized		42,000
Single-family
Financing Receivable, Allowance for Credit Losses [Line Items]
With a related allowance Unpaid Principal Balance	2,267,000
With a related allowance Unpaid Principal Balance		1,171,000
Without a related allowance, Unpaid Principal Balance	427,000
Without a related allowance, Unpaid Principal Balance		276,000
Unpaid Principal Balance	2,694,000
Unpaid Principal Balance		1,447,000
With No Related Allowance, Related Charge-Offs	(25,000)	(25,000)
Related Charge-Offs	(25,000)	(25,000)
With Related Allowance, Recorded Investment	2,267,000
With Related Allowance, Recorded Investment		1,171,000
With No Related Allowance, Recorded Investment	402,000
With No Related Allowance, Recorded Investment		251,000
Recorded Investment	2,669,000
Recorded Investment		1,422,000
Related Allowance	(73,000)
Related Allowance		(122,000)
Recorded Investment, with Related Allowance, Net	2,194,000	1,049,000
Recorded Investment, with No Related Allowance, Net	402,000	251,000
Recorded Investment, Net of Allowance	2,596,000	1,300,000
With related allowances, Average Recorded Investment	1,627,000
With related allowances, Average Recorded Investment		996,000
Without related allowances, Average Recorded Investment	444,000
Without related allowances, Average Recorded Investment		112,000
Average Recorded Investment	2,071,000
Average Recorded Investment		1,108,000
Interest income recognized with a related allowance	96,000
Interest income recognized with a related allowance		42,000
Interest income recognized without a related allowance	23,000
Total interest income recognized	$ 119,000
Total interest income recognized		$ 42,000

Loans Held for Investment - Add

Loans Held for Investment - Additional Information (Details) - USD ($)	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jul. 01, 2023
Fixed-rate loans as a percentage of total loans held for investment	10%	11%
Loans deemed uncollectible, period of delinquency	90 days	90 days
Loan interest income added to negative amortization loan balance	$ 0
Financing Receivable, Modified, Commitment to Lend	0	$ 0
Non-performing loans interest recognized as principal payments, cost basis	7,000
Interest income, non-performing loans, cash basis		42,000
Total interest income recognized	119,000	42,000
Average investment in non-performing loans		1,108,000
Non-performing loans corporation received	$ 119,000
Non-performing loans received		49,000
Cumulative Effect, Period of Adoption, Adjustment [Member] \| Accounting Standards Update 2016-13 [Member]
Transition adjustment of the adoption of CECL			$ 1,200,000
First Mortgage [Member]
Loans deemed uncollectible, period of delinquency	150 days
Bankruptcy [Member]
Loans deemed uncollectible, period of delinquency	60 days
Troubled Debt Restructurings [Member]
Loans deemed uncollectible, period of delinquency	90 days
Commercial Real Estate Or Second Mortgage [Member]
Loans deemed uncollectible, period of delinquency	120 days
Maximum [Member]
Segregated restructured loans, period of delinquency	90 days
Maximum [Member] \| Bankruptcy [Member]
Allowance for loan losses, pooling method, period of delinquency	60 days
Single-family
Interest income, non-performing loans, cash basis		42,000
Total interest income recognized	$ 119,000
Average investment in non-performing loans		$ 1,108,000

Loans Held for Investment - S_8

Loans Held for Investment - Schedule of Allowance for Credit Losses of Undisbursed Funds and Commitments on Loans Held for Investment (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Allowance for Credit Losses [Roll Forward]
Provision for credit losses	$ 15	$ (88)
Commitments to Extend Credit [Member]
Allowance for Credit Losses [Roll Forward]
Balance, beginning of the period	42	130
Balance, end of the period	$ 57	$ 42

Loans Held for Investment - S_9

Loans Held for Investment - Schedule of Past Due Status of Loans Held for Investment, Gross (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-Accrual	$ 2,593	$ 1,422
Total loans held for investment, gross	$ 1,050,846
Total loans held for investment, gross		$ 1,074,164
Loans deemed uncollectible, period of delinquency	90 days	90 days
Increase (decrease) in related-party loans	$ 0	$ 0
Outstanding related-party loans	0	0
Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans held for investment, gross	1,048,252
Total loans held for investment, gross		1,072,741
30 To 89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans held for investment, gross	1
Total loans held for investment, gross		1
Single-family
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-Accrual	2,593	1,422
Total loans held for investment, gross	518,091
Total loans held for investment, gross		518,821
Single-family \| Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans held for investment, gross	515,498
Total loans held for investment, gross		517,399
Multi Family
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans held for investment, gross	445,182
Total loans held for investment, gross		461,113
Multi Family \| Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans held for investment, gross	445,182
Total loans held for investment, gross		461,113
Commercial real estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans held for investment, gross	83,349
Total loans held for investment, gross		90,558
Commercial real estate \| Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans held for investment, gross	83,349
Total loans held for investment, gross		90,558
Construction
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans held for investment, gross	2,692
Total loans held for investment, gross		1,936
Construction \| Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans held for investment, gross	2,692
Total loans held for investment, gross		1,936
Other
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans held for investment, gross	95
Total loans held for investment, gross		106
Other \| Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans held for investment, gross	95
Total loans held for investment, gross		106
Commercial business loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans held for investment, gross	1,372
Total loans held for investment, gross		1,565
Commercial business loans \| Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans held for investment, gross	1,372
Total loans held for investment, gross		1,565
Consumer loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans held for investment, gross	65
Total loans held for investment, gross		65
Consumer loans \| Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans held for investment, gross	64
Total loans held for investment, gross		64
Consumer loans \| 30 To 89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans held for investment, gross	$ 1
Total loans held for investment, gross		$ 1
Bankruptcy [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans deemed uncollectible, period of delinquency	60 days
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

Leases - Supplemental informati

Leases - Supplemental information (Details) - USD ($)	12 Months Ended
Leases - Supplemental information (Details) - USD ($)	Jun. 30, 2024	Jun. 30, 2023
Leases
Lease expense	$ 927,000	$ 882,000
Consolidated Statements of Condition:
Premises and equipment - Operating lease right of use assets	1,356,000	2,147,000
Accounts payable, accrued interest and other liabilities - Operating lease liabilities	$ 1,407,000	$ 2,169,000
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	Property, Plant and Equipment, Net	Property, Plant and Equipment, Net
Operating Lease, Liability, Statement of Financial Position [Extensible Enumeration]	Accounts Payable and Accrued Liabilities	Accounts Payable and Accrued Liabilities
Consolidated Statements of Operations:
Premises and occupancy expenses from operating leases	$ 789,000	$ 787,000
Equipment expenses from operating leases	138,000	95,000
Total lease expense	927,000	882,000
Consolidated Statements of Cash Flows:
Operating cash flows from operating leases, net	$ 884,000	$ 879,000

Leases - Remaining minimum cont

Leases - Remaining minimum contractual lease payments and other information (Details) $ in Thousands	Jun. 30, 2024 USD ($)
Remaining minimum contractual lease payments and other information associated with the leases
2025	$ 678
2026	387
2027	192
2028	156
2029	74
Total contract lease payments	1,487
Total liability to make lease payments	1,407
Difference in undiscounted and discounted future lease payments	$ 80
Weighted average discount rate	3.34%
Weighted average remaining lease term (years)	3 years

Premises and Equipment (Details

Premises and Equipment (Details) - USD ($) $ in Thousands	12 Months Ended
Premises and Equipment (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Jun. 30, 2023
Premises and Equipment
Operating lease - right of use assets	$ 1,356	$ 2,147
Premises and equipment, gross	24,017	23,848
Less accumulated depreciation and amortization	(14,704)	(14,617)
Total premises and equipment, net	9,313	9,231
Depreciation and amortization expense	1,600	1,400
Land
Premises and Equipment
Premises and equipment, gross	2,853	2,853
Buildings
Premises and Equipment
Premises and equipment, gross	10,136	10,311
Leasehold improvements
Premises and Equipment
Premises and equipment, gross	4,065	3,135
Furniture and equipment
Premises and Equipment
Premises and equipment, gross	5,458	5,226
Automobiles
Premises and Equipment
Premises and equipment, gross	$ 149	$ 176

Deposits - Summary of deposits

Deposits - Summary of deposits (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Jun. 30, 2023
Deposits
Checking deposits - noninterest-bearing	$ 95,627	$ 103,006
Checking deposits - interest-bearing	254,624	302,872
Savings deposits	238,878	290,204
Money market deposits	25,324	33,551
Total deposits	$ 888,348	$ 950,571
Weighted average interest rate on deposits	1.29%	0.73%
Uninsured deposits	$ 122,700	$ 140,100
$250 and under
Deposits
Time deposits	226,110	192,147
Brokered certificates of deposit	131,800	106,400
Over $250
Deposits
Time deposits	$ 47,785	$ 28,791
Minimum [Member]
Deposits
Checking deposits - interest-bearing, Interest Rate	0%	0%
Savings deposits, Interest Rate	0%	0%
Money market deposits, Interest Rate	0%	0%
Minimum [Member] \| $250 and under
Deposits
Time deposits, Interest Rate	0%	0%
Minimum [Member] \| Over $250
Deposits
Time deposits, Interest Rate	0.10%	0.10%
Maximum [Member]
Deposits
Checking deposits - interest-bearing, Interest Rate	0.20%	0.20%
Savings deposits, Interest Rate	4.64%	0.70%
Money market deposits, Interest Rate	4.64%	2%
Maximum [Member] \| $250 and under
Deposits
Time deposits, Interest Rate	5.35%	5.25%
Maximum [Member] \| Over $250
Deposits
Time deposits, Interest Rate	5.12%	5.35%

Deposits - Aggregate annual mat

Deposits - Aggregate annual maturities of time deposits (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Jun. 30, 2023
Deposits.
One year or less	$ 245,713	$ 166,501
Over one to two years	19,604	37,062
Over two to three years	3,779	9,922
Over three to four years	1,896	3,069
Over four to five years	1,649	2,578
Over five years	1,254	1,806
Total time deposits	$ 273,895	$ 220,938

Deposits - Interest expense on

Deposits - Interest expense on deposits (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Deposits.
Checking deposits - interest-bearing	$ 118	$ 140
Savings deposits	313	168
Money market deposits	172	87
Time deposits	9,063	2,751
Total interest expense on deposits	$ 9,666	$ 3,146

Deposits - Additional Informati

Deposits - Additional Information (Details)	12 Months Ended
Deposits - Additional Information (Details)	Jun. 30, 2024 USD ($)	Jun. 30, 2023 USD ($)
Deposits
Related party deposits	$ 6,300,000	$ 8,100,000
Deposits reclassified to loans held for investment	$ 24,000	$ 15,000
Federal Reserve Bank of San Francisco
Deposits
Percentage of reserve ratios on transaction accounts maintained in depository institution	0	0
Minimum reserve	$ 0	$ 0

Borrowings (Details)

Borrowings (Details) - USD ($)	12 Months Ended
Borrowings (Details) - USD ($)	Jun. 30, 2024	Jun. 30, 2023
Discount window facility is with FHLB and Federal Reserve Bank of San Francisco
Collateral pledged on Federal Home Loan Bank advances	$ 861,100,000	$ 967,600,000
Purchase of FHLB - San Francisco stock	63,000	1,266,000
Federal Home Loan Bank Advances
Discount window facility is with FHLB and Federal Reserve Bank of San Francisco
Federal Home Loan Bank advances, unused borrowing facility	261,300,000	287,900,000
FHLB - San Francisco advances	238,500,000	235,009,000
Federal funds facility
Discount window facility is with FHLB and Federal Reserve Bank of San Francisco
Federal Home Loan Bank advances, Maximum borrowing capacity	50,000,000	50,000,000
Federal Reserve Bank of San Francisco \| Discount window facility
Discount window facility is with FHLB and Federal Reserve Bank of San Francisco
Federal Home Loan Bank advances, Maximum borrowing capacity	208,600,000	139,000,000
Advances outstanding	0	0
Federal Reserve Bank of San Francisco \| Federal funds facility
Discount window facility is with FHLB and Federal Reserve Bank of San Francisco
Federal Home Loan Bank advances, Maximum borrowing capacity	50,000,000	50,000,000
Advances outstanding	0	0
Federal home loan - Bank of SanFrancisco
Discount window facility is with FHLB and Federal Reserve Bank of San Francisco
Federal Home Loan Bank advances, unused borrowing facility	261,300,000	287,900,000
FHLB - San Francisco advances	238,500,000	235,000,000
Federal Home Loan Bank advances, Maximum borrowing capacity	516,000,000	534,100,000
Federal Home Loan Bank stock, required investment	9,600,000	9,500,000
Federal Home Loan Bank stock, excess investment	0	0
Federal Home Loan Bank stock, cash dividends distributed	793,000	556,000
Purchase of FHLB - San Francisco stock	63,000	1,300,000
Federal home loan - Bank of SanFrancisco \| Letters of credit
Discount window facility is with FHLB and Federal Reserve Bank of San Francisco
Outstanding letters of credit	16,000,000	11,000,000
Federal home loan - Bank of SanFrancisco \| MPF credit enhancement
Discount window facility is with FHLB and Federal Reserve Bank of San Francisco
Advances outstanding	$ 216,000	$ 216,000
Federal home loan - Bank of SanFrancisco \| Maximum
Discount window facility is with FHLB and Federal Reserve Bank of San Francisco
Federal Home Loan Bank advances, limit on borrowing capacity (percent of total assets)	40%	40%
Federal home loan - Bank of SanFrancisco \| Mortgage Loans on Real Estate
Discount window facility is with FHLB and Federal Reserve Bank of San Francisco
Collateral pledged on Federal Home Loan Bank advances	$ 774,100,000	$ 967,600,000
Federal home loan - Bank of SanFrancisco \| Investment securities
Discount window facility is with FHLB and Federal Reserve Bank of San Francisco
Collateral pledged on Federal Home Loan Bank advances	$ 3,900,000	$ 4,200,000

Borrowings - Weighted Average D

Borrowings - Weighted Average Disclosures (Details) - Federal Home Loan Bank Advances - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Discount window facility is with FHLB and Federal Reserve Bank of San Francisco
Balance outstanding at the end of year: FHLB - San Francisco advances	$ 238,500	$ 235,009
Weighted-average rate at the end of year: FHLB - San Francisco advances	4.88%	4.34%
Maximum amount of borrowings outstanding at any month end: FHLB - San Francisco advances	$ 242,500	$ 235,009
Average short-term borrowings during the year with respect to: FHLB - San Francisco advances	$ 127,506	$ 113,688
Weighted average short-term borrowing rate during the year with respect to: FHLB - San Francisco advances	4.70%	3.87%

Borrowings - Contractual Maturi

Borrowings - Contractual Maturities (Details) - Federal Home Loan Bank Advances - USD ($) $ in Thousands	Jun. 30, 2024	Jun. 30, 2023
Discount window facility is with FHLB and Federal Reserve Bank of San Francisco
Within one year	$ 145,500	$ 150,009
Over one to two years	68,000	70,000
Over two to three years	10,000	10,000
Over three to four years	5,000	0
Over four to five years	10,000	5,000
Over five years	0	0
Total borrowings	$ 238,500	$ 235,009
Weighted average interest rate	4.88%	4.34%

Income Taxes - Provision for In

Income Taxes - Provision for Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Current:
Federal	$ 2,161	$ 1,638
State	1,278	955
Provision for income taxes, current	3,439	2,593
Deferred:
Federal	(238)	783
State	(165)	448
Provision for income taxes, Deferred	(403)	1,231
Provision for income taxes	$ 3,036	$ 3,824

Income Taxes - Effective tax ra

Income Taxes - Effective tax rate (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Amount
Federal income tax at statutory rate	$ 2,181	$ 2,607
State income tax, net of federal income tax benefit	880	1,107
Bank-owned life insurance	(39)	(39)
Non-deductible expenses	12	11
Shortfall on stock-based compensation	0	132
Return to provision adjustment	(1)	4
Other	3	2
Provision for income taxes	$ 3,036	$ 3,824
Tax Rate
Federal income tax at statutory rate,	21%	21%
State income tax, net of federal income tax benefit	8.48%	8.92%
Bank-owned life insurance	(0.38%)	(0.31%)
Non-deductible expenses	0.12%	0.09%
Shortfall on stock-based compensation	0%	1.06%
Return to provision adjustment	(0.01%)	0.03%
Other	0.02%	0.01%
Effective income tax	29.23%	30.80%

Income Taxes - Income Taxes (De

Income Taxes - Income Taxes (Deferred Tax Assets) (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Jun. 30, 2023
Income Tax Disclosure [Line Items]
Total net deferred tax assets	$ 606	$ 218
Federal
Income Tax Disclosure [Line Items]
Total net deferred tax assets	404	179
State
Income Tax Disclosure [Line Items]
Total net deferred tax assets	$ 202	$ 39

Income Taxes - Deferred Tax Ass

Income Taxes - Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Jun. 30, 2023
Deferred Tax Assets [Abstract]
Loss reserves	$ 2,387	$ 2,032
Non-accrued interest	175	188
Deferred compensation	2,388	2,339
Accrued vacation	187	194
Depreciation	174	155
State tax	203	199
Unrealized loss on investment securities	4	19
Lease liability	448	691
Other	208	288
Total deferred tax assets	6,174	6,105
Deferred Tax Liabilities [Abstract]
FHLB - San Francisco stock dividends	(645)	(645)
Prepaid expenses	(39)	(45)
Unrealized gain on interest-only strips	(3)	(3)
Right-of-use asset	(432)	(684)
Deferred loan costs, net	(4,449)	(4,510)
Total deferred tax liabilities	(5,568)	(5,887)
Net deferred tax assets	$ 606	$ 218

Income Taxes - Additional Infor

Income Taxes - Additional Information (Details) - USD ($)	12 Months Ended
Income Taxes - Additional Information (Details) - USD ($)	Jun. 30, 2024	Jun. 30, 2023
Operating Loss Carryforwards [Line Items]
Unrecognized Tax Benefits	$ 0	$ 0
Net tax loss carryforwards, federal	0	0
Retained earnings	9,000,000	9,000,000
Deferred Tax Liability Not Recognized, Amount of Unrecognized Deferred Tax Liability, Bad Debt Reserve for Tax Purposes of Qualified Lender	3,100,000	3,100,000
Income Tax Examination, Penalties Expense	0	0
Income Tax Examination, Interest Expense	0	0
Cumulative Effect, Period of Adoption, Adjustment [Member] \| ASU 2016-09
Operating Loss Carryforwards [Line Items]
Income tax (deficit) benefit recognized from non-qualified equity compensation	$ 0	$ 186,000

Capital (Details)

Capital (Details)	12 Months Ended
Capital (Details)	Jun. 30, 2024 USD ($)	Jun. 30, 2023 USD ($)	Jul. 01, 2023 USD ($)
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Minimum percentage of conservation buffer required for CET1 capital	0.025
Percentage of conservation buffer for CET1 capital	0.0250	0.0250
Percentage of conservation buffer for Tier 1 capital	0.0250	0.0250
Percentage of conservation buffer for Total capital	0.0250	0.0250
Cash dividends declared and paid	$ 7,000,000	$ 9,500,000
Retained earnings	209,914,000	207,274,000
Impact of ASU adoption \| ASC 326
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Retained earnings	824,000		$ (824,000)
Provident Financial Holding
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Tier 1 Leverage Capital, Actual, Amount	126,601,000	125,979,000
Total Risk-Based Capital, Actual, Amount	$ 133,723,000	$ 131,967,000
Risk Based Capital Required for Capital Adequacy to Risk Weighted Assets	0.105%	0.105%
Tier 1 Leverage Capital, Actual, Ratio	0.1002	0.0959
Tier 1 Risk-Based Capital, Actual, Ratio	0.1929	0.1850
Tier One Risk Based Capital Required for Capital Adequacy	$ 55,777,000	$ 57,890,000
Tier One Risk Based Capital Required for Capital Adequacy, Ratio	0.0850	0.0850
Total Risk-Based Capital, Actual, Ratio	0.2038%	0.1938%
Tier 1 Leverage Capital, For Capital Adequacy Purposes, Amount	$ 50,555,000	$ 52,521,000
Total Risk-Based Capital, For Capital Adequacy Purposes, Amount	$ 68,900,000	$ 71,511,000
Tier 1 Leverage Capital, For Capital Adequacy Purposes, Ratio (greater than or equal to)	0.0400	0.0400
Tier 1 Leverage Capital, To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 63,194,000	$ 65,651,000
Tier 1 Risk-Based Capital, To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	52,496,000	54,485,000
Total Risk-Based Capital, To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 65,620,000	$ 68,106,000
Tier 1 Leverage Capital, To Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio (greater than or equal to)	0.0500	0.0500
CET1 Risk Based Capital	$ 126,601,000	$ 125,979,000
CET1 Risk Based Capital to Risk Weighted Assets	0.1929%	0.185%
CET1 Risk Based Capital Required for Capital Adequacy	$ 45,934,000	$ 47,674,000
CET1 Leverage Capital, For Capital Adequacy Purposes, Ratio (greater than or equal to)	0.07%	0.07%
CET1 Risk Based Capital Required to be Well Capitalized	$ 42,653,000	$ 44,269,000
CET1 Risk Based Capital Required to be Well Capitalized to Risk Weighted Assets	0.065%	0.065%
Tier One Risk Based Capital	$ 126,601,000	$ 125,979,000
Tier 1 Risk-Based Capital, To Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio (greater than or equal to)	0.0800	0.0800
Total Risk-Based Capital, Ratio (greater than or equal to)	0.10%	0.10%

Benefit Plans - Post-retirement

Benefit Plans - Post-retirement (Details)	12 Months Ended
Benefit Plans - Post-retirement (Details)	Jun. 30, 2024 USD ($) Office	Jun. 30, 2023 USD ($)
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block
Cash surrender value of bank owned life insurance	$ 8,600,000	$ 8,400,000
Bank owned life insurance, non-taxable income	$ 186,000	186,000
Executive Officer [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block
Number of executive officers \| Office	1
Post-retirement compensation liability	$ 5,700,000	5,700,000
Post-retirement compensation expense	$ 85,000
Post-retirement recovery		(1,100,000)
Pension Plan [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block
Employer matching contributions (percent)	3%
Employee contributions, immediate vesting (percent)	100%
Vesting term for employer matching contributions	6 years
401(k) defined contribution expense	$ 303,000	$ 306,000

Benefit Plans - ESOP (Details)

Benefit Plans - ESOP (Details) - USD ($)	12 Months Ended
Benefit Plans - ESOP (Details) - USD ($)	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2022
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block
ESOP, requisite service period	1 year
ESOP, requisite service period (per year)	1000 hours
ESOP, shares purchased to partially fulfill annual discretionary allocation	40,000	40,000
ESOP, vesting percentage	100%
ESOP, vesting period	6 years
ESOP expense	$ 540,000	$ 563,000
ESOP, number of allocated shares acquired with employer loan		40,000	20,000
ESOP, cash contribution			$ 317,000
Minimum [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block
ESOP participation age limit	21 years

Incentive Plans - Equity Incent

Incentive Plans - Equity Incentive Plan Policy Valuation Assumptions (Details) - Equity Incentive Plans - Employee Stock Option [Member]	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected volatility		20.30%
Weighted-average volatility	22.50%	20.30%
Expected dividend yield	4.50%	3.90%
Expected term (in years)	7 years 4 months 24 days	7 years 3 months 18 days
Risk-free interest rate	4.30%	2.90%
Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected volatility	21.60%
Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected volatility	22.90%

Incentive Plans - Summary of St

Incentive Plans - Summary of Stock Option Activity (Details) - Equity Incentive Plans - $ / shares	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Shares:
Outstanding, Beginning of Period	434,500	431,000
Granted	98,000	30,000
Exercised	0	0
Forfeited	(5,000)	(7,500)
Expired	(47,500)	(19,000)
Outstanding, End of Period	480,000	434,500
Vested and expected to vest at year end	475,950	425,700
Exercisable at year end	355,000	390,500
Weighted-Average Exercise Price (in dollars per share):
Outstanding, Beginning of Period	$ 16.04	$ 16.24
Granted	12.44	14.52
Exercised	0	0
Forfeited	14.52	20.19
Expired	15.71	16.47
Outstanding, End of Period	15.35	16.04
Vested and expected to vest at year end	16.36	16.06
Exercisable at year end	$ 16.18	$ 16.13
Weighted- Average Remaining Contractual Term (Years):
Outstanding at year end	3 years 3 months 14 days	3 years 3 days
Vested and expected to vest at year end	3 years 3 months	2 years 10 months 20 days
Exercisable at year end	1 year 1 month 20 days	2 years 4 months 2 days

Incentive Plans - Summary of Un

Incentive Plans - Summary of Unvested Restricted Stock Activity (Details) - Restricted Stock [Member] - Equity Incentive Plans - $ / shares	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Shares
Unvested, Beginning of Period	51,000	94,750
Granted	131,000	53,000
Vested	(2,000)	(93,750)
Forfeited	(3,350)	(3,000)
Unvested, End of Period	176,650	51,000
Expected to vest at year end	150,153	40,800
Weighted-Average Award Date Fair Value
Unvested, Beginning of Period	$ 12.95	$ 18.57
Granted	11.08	12.95
Vested	12.09	18.57
Forfeited	12.95	14.82
Unvested, End of Period	11.57	12.95
Expected to vest at year end	$ 11.57	$ 12.95

Incentive Plans - Additional In

Incentive Plans - Additional Information (Details)	12 Months Ended
Incentive Plans - Additional Information (Details)	Jun. 30, 2024 USD ($) plan shares	Jun. 30, 2023 USD ($) shares
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of share-based compensation plans \| plan	4
Compensation cost \| $	$ 240,000	$ 1,200,000
Employee Stock Option [Member] \| Equity Incentive Plans
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Maximum term for stock awards	10 years
Term used to calculate expected volatility	84 months
Unrecognized share-based compensation expense, stock options \| $	$ 231,000	$ 72,000
Share-based compensation cost not yet recognized, weighted average period for recognition (less than)	3 years 6 months	2 years 10 months 24 days
Forfeiture rate for equity incentive plans	15%	20%
Employee Stock Option [Member] \| 2013 Equity Incentive Plan ("2013 Plan")
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of shares authorized for Equity Incentive Plan	300,000
Annual limitation on awards granted to an individual under Equity Incentive Plan	60,000
Number of shares available for grant		21,000
Employee Stock Option [Member] \| 2022 Equity Incentive Plan ("2022 Plan")
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of shares authorized for Equity Incentive Plan	175,000
Annual limitation on awards granted to an individual under Equity Incentive Plan	35,000
Number of shares available for grant	77,000	175,000
Employee Stock Option [Member] \| 2010 Equity Incentive Plan ("2010 Plan")
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of shares authorized for Equity Incentive Plan	586,250
Employee Stock Option [Member] \| 2006 Equity Incentive Plan ("2006 Plan")
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of shares authorized for Equity Incentive Plan	365,000
Restricted Stock [Member] \| Equity Incentive Plans
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Award vesting period	3 years 6 months	3 years 1 month 6 days
Forfeiture rate for equity incentive plans	15%	20%
Restricted stock, Fair value of shares vested and distributed \| $	$ 24,000	$ 1,100,000
Unrecognized share-based compensation expense, restricted stock \| $	$ 1,800,000	$ 544,000
Restricted Stock [Member] \| 2013 Equity Incentive Plan ("2013 Plan")
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of shares authorized for Equity Incentive Plan	300,000
Annual limitation on awards granted to an individual under Equity Incentive Plan	45,000
Number of shares available for grant		18,250
Restricted Stock [Member] \| 2022 Equity Incentive Plan ("2022 Plan")
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of shares authorized for Equity Incentive Plan	200,000
Annual limitation on awards granted to an individual under Equity Incentive Plan	30,000
Number of shares available for grant	69,000	200,000
Restricted Stock [Member] \| 2010 Equity Incentive Plan ("2010 Plan")
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of shares authorized for Equity Incentive Plan	288,750
Restricted Stock [Member] \| 2006 Equity Incentive Plan ("2006 Plan")
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of shares authorized for Equity Incentive Plan	185,000

Earnings Per Share - Summary of

Earnings Per Share - Summary of Earnings Per Share Basic and Diluted (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Numerator:
Net income - numerator for basic earnings per share and diluted earnings per share - available to common stockholders	$ 7,351	$ 8,592
Denominator for basic earnings per share:
Weighted-average shares	6,942,918	7,143,273
Denominator for diluted earnings per share:
Adjusted weighted-average shares and assumed conversions	6,959,143	7,191,685
Basic earnings per share ( in dollars per share)	$ 1.06	$ 1.20
Diluted earnings per share ( in dollars per share)	$ 1.06	$ 1.19
Employee Stock Option [Member]
Denominator for basic earnings per share:
Less effect of dilutive shares	76
Restricted Stock [Member]
Denominator for basic earnings per share:
Less effect of dilutive shares	16,149	48,412

Earnings Per Share - Additional

Earnings Per Share - Additional Information (Details) - shares	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share	382,000	434,500
Employee Stock Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Stock options, outstanding	480,000	434,500
Restricted Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Restricted stock, outstanding	176,650	51,000

Commitments and Contingencies -

Commitments and Contingencies - Operating Lease Obligations (Details) $ in Thousands	Jun. 30, 2024 USD ($)
Lessee, Lease, Description [Line Items]
2025	$ 678
2026	387
2027	192
2028	156
2029	74
Total contract lease payments	1,487
Commodity [Member]
Lessee, Lease, Description [Line Items]
2025	1,837
2026	1,139
2027	358
2028	156
2029	74
Thereafter	0
Total contract lease payments	$ 3,564

Commitments and Contingencies_2

Commitments and Contingencies - Additional Information (Details) - USD ($)	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Loss Contingencies
Lease and operating commitment expense	$ 2,300,000	$ 1,900,000
Other Investors
Loss Contingencies
Recourse liability	18,000	25,000
Mortgage Partnership Finance (MPF) Program
Loss Contingencies
Recourse liability	$ 8,000	$ 8,000

Derivative and Other Financia_3

Derivative and Other Financial Instruments with Off-Balance Sheet Risks - Schedule of Undisbursed Funds Commitments (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Jun. 30, 2023
Derivative [Line Items]
Total	$ 13,099	$ 5,396
Undisbursed loan funds - Construction loans
Derivative [Line Items]
Total	435	2,032
Undisbursed lines of credit - Commercial business loans
Derivative [Line Items]
Total	2,936	607
Undisbursed lines of credit - Consumer loans
Derivative [Line Items]
Total	341	363
Commitments to extend credit on loans to be held for investment
Derivative [Line Items]
Total	$ 9,387	$ 2,394

Derivative and Other Financia_4

Derivative and Other Financial Instruments with Off-Balance Sheet Risks - Additional Information (Details) - USD ($)	Jun. 30, 2024	Jun. 30, 2023
Mortgage Partnership Finance (MPF) Program
Derivative [Line Items]
Recourse liability	$ 8,000	$ 8,000

Fair Value of Financial Instr_3

Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Fair Value of Financial Instruments
Loans held for investment, Aggregate Fair Value	$ 1,047	$ 1,312
Loans held for investment, Aggregate Unpaid Principal Balance	1,200	1,483
Loans held for investment, Net Unrealized Loss	$ (153)	$ (171)

Fair Value of Financial Instr_4

Fair Value of Financial Instruments - Corporations assets measured at fair value on a recurring basis (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Jun. 30, 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans held for investment, at fair value	$ 1,047	$ 1,312
Other equity investments, fair value	540	0
Fair Value, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities - available for sale	1,849	2,155
Loans held for investment, at fair value	1,047	1,312
Interest-only strips	8	9
Other equity investments, fair value	540
Total assets	3,444	3,476
Liabilities	0	0
Total liabilities	0	0
Fair Value, Recurring [Member] \| US Government Agencies Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities - available for sale	1,208	1,370
Fair Value, Recurring [Member] \| Mortgage-Backed Security, Issued by US Government-Sponsored Enterprise [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities - available for sale	553	683
Fair Value, Recurring [Member] \| Collateralized Mortgage Obligations [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities - available for sale	88	102
Fair Value, Recurring [Member] \| Fair Value, Inputs, Level 1 [Member]
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
Other equity investments, fair value	0
Total assets	0	0
Liabilities	0	0
Total liabilities	0	0
Fair Value, Recurring [Member] \| Fair Value, Inputs, Level 1 [Member] \| US Government Agencies Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities - available for sale	0	0
Fair Value, Recurring [Member] \| Fair Value, Inputs, Level 1 [Member] \| Mortgage-Backed Security, Issued by US Government-Sponsored Enterprise [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities - available for sale	0	0
Fair Value, Recurring [Member] \| Fair Value, Inputs, Level 1 [Member] \| Collateralized Mortgage Obligations [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities - available for sale	0	0
Fair Value, Recurring [Member] \| Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities - available for sale	1,761	2,053
Loans held for investment, at fair value	0	0
Interest-only strips	0	0
Other equity investments, fair value	540
Total assets	2,301	2,053
Liabilities	0	0
Total liabilities	0	0
Fair Value, Recurring [Member] \| Fair Value, Inputs, Level 2 [Member] \| US Government Agencies Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities - available for sale	1,208	1,370
Fair Value, Recurring [Member] \| Fair Value, Inputs, Level 2 [Member] \| Mortgage-Backed Security, Issued by US Government-Sponsored Enterprise [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities - available for sale	553	683
Fair Value, Recurring [Member] \| Fair Value, Inputs, Level 2 [Member] \| Collateralized Mortgage Obligations [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities - available for sale	0	0
Fair Value, Recurring [Member] \| Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities - available for sale	88	102
Loans held for investment, at fair value	1,047	1,312
Interest-only strips	8	9
Other equity investments, fair value	0
Total assets	1,143	1,423
Liabilities	0	0
Total liabilities	0	0
Fair Value, Recurring [Member] \| Fair Value, Inputs, Level 3 [Member] \| US Government Agencies Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities - available for sale	0	0
Fair Value, Recurring [Member] \| Fair Value, Inputs, Level 3 [Member] \| Mortgage-Backed Security, Issued by US Government-Sponsored Enterprise [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities - available for sale	0	0
Fair Value, Recurring [Member] \| Fair Value, Inputs, Level 3 [Member] \| Collateralized Mortgage Obligations [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities - available for sale	$ 88	$ 102

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	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Revenue from Contract with Customer, Including Assessed Tax	Revenue from Contract with Customer, Including Assessed Tax
Fair Value, Liability, Recurring Basis, Unobservable Input Reconciliation, Liability, Gain (Loss), Statement of Other Comprehensive Income or Comprehensive Income [Extensible Enumeration]	OCI, Debt Securities, Available-for-Sale, Gain (Loss), after Adjustment, before Tax	OCI, Debt Securities, Available-for-Sale, Gain (Loss), after Adjustment, before Tax
Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	$ 1,423	$ 1,516
Total gains or losses (realized/unrealized) Included in earnings	(10)	2
Total gains or losses (realized/unrealized) Included in other comprehensive loss	(2)	5
Purchases	0	0
Issuances	0	0
Settlements	(296)	(100)
Transfers in and/or out of Level 3	0	0
Ending balance	1,143	1,423
Fair Value, Inputs, Level 3 [Member] \| Cumulative Effect, Period of Adoption, Adjustment [Member] \| Accounting Standards Update 2016-13 [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	28
Ending balance		28
Collateralized Mortgage Obligations [Member] \| Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	102	113
Total gains or losses (realized/unrealized) Included in earnings	0	0
Total gains or losses (realized/unrealized) Included in other comprehensive loss	(1)	3
Purchases	0	0
Issuances	0	0
Settlements	(13)	(14)
Transfers in and/or out of Level 3	0	0
Ending balance	88	102
Collateralized Mortgage Obligations [Member] \| Fair Value, Inputs, Level 3 [Member] \| Cumulative Effect, Period of Adoption, Adjustment [Member] \| Accounting Standards Update 2016-13 [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	0
Ending balance		0
Loans Held For Investment at Fair Value \| Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	1,312	1,396
Total gains or losses (realized/unrealized) Included in earnings	(10)	2
Total gains or losses (realized/unrealized) Included in other comprehensive loss	0	0
Purchases	0	0
Issuances	0	0
Settlements	(283)	(86)
Transfers in and/or out of Level 3	0	0
Ending balance	1,047	1,312
Loans Held For Investment at Fair Value \| Fair Value, Inputs, Level 3 [Member] \| Cumulative Effect, Period of Adoption, Adjustment [Member] \| Accounting Standards Update 2016-13 [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	28
Ending balance		28
Interest-Only-Strip [Member] \| Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	9	7
Total gains or losses (realized/unrealized) Included in earnings	0	0
Total gains or losses (realized/unrealized) Included in other comprehensive loss	(1)	2
Purchases	0	0
Issuances	0	0
Settlements	0	0
Transfers in and/or out of Level 3	0	0
Ending balance	8	9
Interest-Only-Strip [Member] \| Fair Value, Inputs, Level 3 [Member] \| Cumulative Effect, Period of Adoption, Adjustment [Member] \| Accounting Standards Update 2016-13 [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	$ 0
Ending balance		$ 0

Fair Value of Financial Instr_6

Fair Value of Financial Instruments - Corporations assets measured at fair value at the dates indicated on a nonrecurring basis (Details) - Fair Value, Nonrecurring [Member] - USD ($) $ in Thousands	Jun. 30, 2024	Jun. 30, 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans with individually evaluated allowance	$ 695	$ 1,300
Mortgage servicing assets	87	90
Total assets	782	1,390
Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans with individually evaluated allowance	0	0
Mortgage servicing assets	0	0
Total assets	0	0
Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans with individually evaluated allowance	0	251
Mortgage servicing assets	0	0
Total assets	0	251
Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans with individually evaluated allowance	695	1,049
Mortgage servicing assets	87	90
Total assets	$ 782	$ 1,139

Fair Value of Financial Instr_7

Fair Value of Financial Instruments - Valuation techniques and inputs used (Details) - Fair Value, Inputs, Level 3 [Member] $ in Thousands	12 Months Ended
	Jun. 30, 2024 USD ($)
Collateralized Mortgage Obligations [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	$ 88
Collateralized Mortgage Obligations [Member] \| Valuation Technique, Consensus Pricing Model [Member] \| Measurement Input, Comparability Adjustment [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impact to valuation from an increase in inputs on assets	Increase
Collateralized Mortgage Obligations [Member] \| Minimum [Member] \| Valuation Technique, Consensus Pricing Model [Member] \| Measurement Input, Comparability Adjustment [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Fair Value Measurement Input	(2.00%)
Collateralized Mortgage Obligations [Member] \| Maximum [Member] \| Valuation Technique, Consensus Pricing Model [Member] \| Measurement Input, Comparability Adjustment [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Fair Value Measurement Input	(6.50%)
Collateralized Mortgage Obligations [Member] \| Weighted Average [Member] \| Valuation Technique, Consensus Pricing Model [Member] \| Measurement Input, Comparability Adjustment [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Fair Value Measurement Input	(2.90%)
Loans Held For Investment at Fair Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	$ 1,047
Loans Held For Investment at Fair Value \| 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
Loans Held For Investment at Fair Value \| Relative value analysis \| Measurement Input, Entity Credit Risk [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impact to valuation from an increase in inputs on assets	Decrease
Loans Held For Investment at Fair Value \| Minimum [Member] \| Relative value analysis \| Broker quotes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Fair Value Measurement Input	86.90%
Loans Held For Investment at Fair Value \| Minimum [Member] \| Relative value analysis \| Measurement Input, Entity Credit Risk [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Fair Value Measurement Input	1%
Loans Held For Investment at Fair Value \| Maximum [Member] \| Relative value analysis \| Broker quotes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Fair Value Measurement Input	89%
Loans Held For Investment at Fair Value \| Maximum [Member] \| Relative value analysis \| Measurement Input, Entity Credit Risk [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Fair Value Measurement Input	1.10%
Loans Held For Investment at Fair Value \| Weighted Average [Member] \| Relative value analysis \| Broker quotes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Fair Value Measurement Input	(88.20%)
Loans Held For Investment at Fair Value \| Weighted Average [Member] \| Relative value analysis \| Measurement Input, Entity Credit Risk [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Fair Value Measurement Input	(1.00%)
Loans with individually evaluated allowance
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	$ 695
Loans with individually evaluated allowance \| Valuation Technique, Discounted Cash Flow [Member] \| Measurement Input, Default Rate [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Fair Value Measurement Input	5%
Impact to valuation from an increase in inputs on assets	Decrease
Loans with individually evaluated allowance \| Valuation Technique, Discounted Cash Flow [Member] \| Measurement Input, Discount Rate [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Fair Value Measurement Input	6.90%
Impact to valuation from an increase in inputs on assets	Decrease
Servicing Contracts [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	$ 87
Servicing Contracts [Member] \| Measurement Input, Prepayment Rate [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impact to valuation from an increase in inputs on assets	Decrease
Servicing Contracts [Member] \| Measurement Input, Discount Rate [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impact to valuation from an increase in inputs on assets	Decrease
Servicing Contracts [Member] \| Minimum [Member] \| Valuation Technique, Discounted Cash Flow [Member] \| Measurement Input, Prepayment Rate [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Fair Value Measurement Input	5.10%
Servicing Contracts [Member] \| Minimum [Member] \| Valuation Technique, Discounted Cash Flow [Member] \| Measurement Input, Discount Rate [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Fair Value Measurement Input	9%
Servicing Contracts [Member] \| Maximum [Member] \| Valuation Technique, Discounted Cash Flow [Member] \| Measurement Input, Prepayment Rate [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Fair Value Measurement Input	60%
Servicing Contracts [Member] \| Maximum [Member] \| Valuation Technique, Discounted Cash Flow [Member] \| Measurement Input, Discount Rate [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Fair Value Measurement Input	10.50%
Servicing Contracts [Member] \| Weighted Average [Member] \| Valuation Technique, Discounted Cash Flow [Member] \| Measurement Input, Prepayment Rate [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Fair Value Measurement Input	(9.60%)
Servicing Contracts [Member] \| Weighted Average [Member] \| Valuation Technique, Discounted Cash Flow [Member] \| Measurement Input, Discount Rate [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Fair Value Measurement Input	(9.10%)
Interest-Only-Strip [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	$ 8
Interest-Only-Strip [Member] \| Measurement Input, Prepayment Rate [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impact to valuation from an increase in inputs on assets	Decrease
Interest-Only-Strip [Member] \| Measurement Input, Discount Rate [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impact to valuation from an increase in inputs on assets	Decrease
Interest-Only-Strip [Member] \| Valuation Technique, Discounted Cash Flow [Member] \| Measurement Input, Discount Rate [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Fair Value Measurement Input	9%
Interest-Only-Strip [Member] \| Minimum [Member] \| Valuation Technique, Discounted Cash Flow [Member] \| Measurement Input, Prepayment Rate [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Fair Value Measurement Input	7.30%
Interest-Only-Strip [Member] \| Maximum [Member] \| Valuation Technique, Discounted Cash Flow [Member] \| Measurement Input, Prepayment Rate [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Fair Value Measurement Input	12.30%
Interest-Only-Strip [Member] \| Weighted Average [Member] \| Valuation Technique, Discounted Cash Flow [Member] \| Measurement Input, Prepayment Rate [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Fair Value Measurement Input	(8.60%)

Fair Value of Financial Instr_8

Fair Value of Financial Instruments - Carrying amount and fair value of the Corporations other financial instruments (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Jun. 30, 2023
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investment securities - held to maturity, at cost with no allowance for credit losses	$ 130,051	$ 154,337
Carrying Reported Amount Fair Value Disclosure [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Loans held for investment, not recorded at fair value	1,051,932	1,076,317
Investment securities - held to maturity, at cost with no allowance for credit losses	130,051	154,337
FHLB - San Francisco stock	9,568	9,505
Deposits	888,348	950,571
Borrowings	238,500	235,009
Estimate of Fair Value Measurement [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Loans held for investment, not recorded at fair value	973,453	970,277
Investment securities - held to maturity, at cost with no allowance for credit losses	114,393	135,541
FHLB - San Francisco stock	9,568	9,505
Deposits	888,527	949,116
Borrowings	237,691	232,764
Estimate of Fair Value Measurement [Member] \| Fair Value, Inputs, Level 1 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Loans held for investment, not recorded at fair value	0	0
Investment securities - held to maturity, at cost with no allowance for credit losses	0	0
FHLB - San Francisco stock	0	0
Deposits	0	0
Borrowings	0	0
Estimate of Fair Value Measurement [Member] \| Fair Value, Inputs, Level 2 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Loans held for investment, not recorded at fair value	0	0
Investment securities - held to maturity, at cost with no allowance for credit losses	114,393	135,541
FHLB - San Francisco stock	9,568	9,505
Deposits	888,527	949,116
Borrowings	237,691	232,764
Estimate of Fair Value Measurement [Member] \| Fair Value, Inputs, Level 3 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Loans held for investment, not recorded at fair value	973,453	970,277
Investment securities - held to maturity, at cost with no allowance for credit losses	0	0
FHLB - San Francisco stock	0	0
Deposits	0	0
Borrowings	$ 0	$ 0

Revenue From Contracts With C_3

Revenue From Contracts With Customers (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Loan servicing and other fees	$ 337	$ 414
Other	1,066	840
Total non-interest income	3,941	4,075
Net gain on other equity investments	540
Deposit Account [Member]
Revenue within the scope of ASC 606	1,154	1,296
Credit Card [Member]
Revenue within the scope of ASC 606	1,384	1,525
BOLI
Other	186	186
Gain (Loss) on Sale of Loans and Leases	(66)	124
Net gain on other equity investments	$ 540	$ 0

Holding Company Condensed Fin_3

Holding Company Condensed Financial Information - Financial Condition (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2022
Assets
Cash and cash equivalents	$ 51,376	$ 65,849
Assets	1,272,200	1,332,948
Liabilities and Stockholders' Equity
Stockholders' equity	129,941	129,687	$ 128,650
Liabilities and Stockholders' Equity	1,272,200	1,332,948
Provident Financial Holding
Assets
Cash and cash equivalents	3,385	3,737	$ 3,751
Investment in subsidiary	126,601	125,949
Other assets	64	67
Assets	130,050	129,753
Liabilities and Stockholders' Equity
Other liabilities	109	66
Stockholders' equity	129,941	129,687
Liabilities and Stockholders' Equity	$ 130,050	$ 129,753

Holding Company Condensed Fin_4

Holding Company Condensed Financial Information - Operations (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Condensed Financial Statements, Captions [Line Items]
Income tax benefit	$ (3,036)	$ (3,824)
Net Income (Loss)	7,351	8,592
Provident Financial Holding
Condensed Financial Statements, Captions [Line Items]
Dividend from the Bank	7,000	9,500
Interest and other income	2	3
Total income	7,002	9,503
General and administrative expenses	1,294	1,267
Earnings before income taxes and equity in undistributed earnings of the Bank	5,708	8,236
Income tax benefit	(382)	(373)
Earnings before equity in undistributed earnings of the Bank	6,090	8,609
Equity in undistributed earnings of the Bank	1,261	(17)
Net Income (Loss)	$ 7,351	$ 8,592

Holding Company Condensed Fin_5

Holding Company Condensed Financial Information - Cashflows (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Cash flows from operating activities:
Net Income (Loss)	$ 7,351	$ 8,592
Net cash provided by operating activities	5,685	16,325
Cash flows from financing activities:
Treasury stock purchases	(2,601)	(4,648)
Cash dividends	(3,887)	(3,998)
Net cash used for financing activities	(65,220)	136,006
Net decrease in cash during the year	(14,473)	42,435
Cash and cash equivalents at beginning of year	65,849
Cash and cash equivalents at end of year	51,376	65,849
Provident Financial Holding
Cash flows from operating activities:
Net Income (Loss)	7,351	8,592
Equity in undistributed earnings of the Bank	(1,261)	17
Decrease (increase) in other assets	3	(6)
Increase in other liabilities	43	29
Net cash provided by operating activities	6,136	8,632
Cash flows from financing activities:
Treasury stock purchases	(2,601)	(4,648)
Cash dividends	(3,887)	(3,998)
Net cash used for financing activities	(6,488)	(8,646)
Net decrease in cash during the year	(352)	(14)
Cash and cash equivalents at beginning of year	3,737	3,751
Cash and cash equivalents at end of year	$ 3,385	$ 3,737

Subsequent Events (Details)

Subsequent Events (Details) - Subsequent Event [Member] - First quarter's ordinary dividends for 2025	Jul. 25, 2024 $ / shares
Subsequent Event [Line Items]
Dividends declared date	Jul. 25, 2024
Quarterly cash dividend declared, common stock	$ 0.14
Dividend, date of record	Aug. 15, 2024
Dividends payable, date	Sep. 05, 2024