Axos Financial (AX) 10-Q28 Jan 162016 Q2 Quarterly reportFinancial data

Company Profile

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
Document and Entity Information - shares	Dec. 31, 2015	Jan. 22, 2016
Document and Entity Information [Abstract]
Entity Registrant Name	BofI Holding, Inc.
Entity Central Index Key	1,299,709
Current Fiscal Year End Date	--06-30
Entity Filer Category	Large Accelerated Filer
Document Type	10-Q
Document Period End Date	Dec. 31, 2015
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q2
Amendment Flag	false
Entity Common Stock, Shares Outstanding		63,032,258

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands		Dec. 31, 2015	Jun. 30, 2015
ASSETS
Cash and due from banks		$ 283,448	$ 222,774
Federal funds sold		983	100
Total cash and cash equivalents		284,431	222,874
Securities:
Trading		7,706	7,832
Available-for-sale		228,389	163,361
Held-to-maturity—fair value $215,559 as of December 2015 and $228,323 as of June 2015		215,963	225,555
Stock of the Federal Home Loan Bank, at cost		67,419	66,270
Loans held for sale, carried at fair value		24,730	25,430
Loans held for sale, lower of cost or fair value		65,429	77,891
Loans—net of allowance for loan losses of $35,071 as of December 2015 and $28,327 as of June 2015		5,645,272	4,928,618
Accrued interest receivable		19,060	20,268
Furniture, equipment and software—net		10,435	8,551
Deferred income tax		36,025	32,955
Cash surrender value of life insurance		5,898	5,806
Mortgage servicing rights, carried at fair value		3,475	2,098
Other real estate owned and repossessed vehicles		422	1,240
Other assets		47,561	34,970
TOTAL ASSETS		6,662,215	5,823,719
Deposits:
Non-interest bearing		506,558	309,339
Interest bearing		4,693,408	4,142,578
Total deposits		5,199,966	4,451,917
Securities sold under agreements to repurchase		35,000	35,000
Advances from the Federal Home Loan Bank		758,000	753,000
Subordinated debentures		5,155	5,155
Accrued interest payable		1,262	1,266
Accounts payable and accrued liabilities and other liabilities		49,502	43,855
Total liabilities		$ 6,048,885	$ 5,290,193
COMMITMENTS AND CONTINGENCIES (Note 8)
STOCKHOLDERS’ EQUITY:1
Common stock—$0.01 par value; 150,000,000 shares authorized; 64,142,556 shares issued and 63,029,161 shares outstanding as of December 2015; 63,145,364 shares issued and 62,075,004 shares outstanding as of June 30, 2015	[1]	$ 641	$ 638
Additional paid-in capital	[1]	324,925	296,035
Accumulated other comprehensive income (loss)—net of tax	[1]	(9,043)	(9,399)
Retained earnings	[1]	319,328	265,833
Treasury stock, at cost; 1,113,395 shares as of December 2015 and 1,070,360 shares as of June 2015	[1]	(27,584)	(24,644)
Total stockholders’ equity	[1]	613,330	533,526
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY		6,662,215	5,823,719
Convertible Series A Preferred Stock
STOCKHOLDERS’ EQUITY:1
Preferred stock—$0.01 par value; 1,000,000 shares authorized; Series A-$10,000 stated value and liquidation preference per share; 515 shares issued and outstanding as of December 2015 and June 2015	[1]	$ 5,063	$ 5,063

[1]	Common stock amounts have been retroactively restated for all prior periods presented to reflect the four-for-one forward split of the Company’s common stock effected in the form of a stock dividend that was distributed on November 17, 2015

CONDENSED CONSOLIDATED BALANCE3

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) $ in Thousands	Dec. 31, 2015USD ($)$ / sharesshares	Jun. 30, 2015USD ($)$ / sharesshares
Assets:
Held to maturity - Fair Value \| $	$ 215,559	$ 228,323
Allowance for loan losses \| $	$ 35,071	$ 28,327
Stockholders' Equity:
Preferred stock, Series A, par or stated value, in dollars per share \| $ / shares	$ 0.01	$ 0.01
Preferred Stock, shares authorized	1,000,000	1,000,000
Common stock, par value, in dollars per share \| $ / shares	$ 0.01	$ 0.01
Common stock, shares authorized	150,000,000	150,000,000
Common stock, shares, issued	64,142,556	63,145,364
Common stock, shares outstanding	63,029,161	62,075,004
Treasury stock, shares	1,113,395	1,070,360
Convertible Series A Preferred Stock
Stockholders' Equity:
Preferred stock, Series A, par or stated value, in dollars per share \| $ / shares	$ 10,000	$ 10,000
Preferred stock, Series A, shares issued	515	515
Preferred stock, Series A, shares outstanding	515	515

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF INCOME $ in Thousands		3 Months Ended		6 Months Ended
CONDENSED CONSOLIDATED STATEMENTS OF INCOME $ in Thousands		Dec. 31, 2015USD ($)$ / shares	Dec. 31, 2014USD ($)$ / shares	Dec. 31, 2015USD ($)$ / shares	Dec. 31, 2014USD ($)$ / shares
INTEREST AND DIVIDEND INCOME:
Loans, including fees		$ 70,117	$ 53,392	$ 135,195	$ 102,375
Investments		5,818	5,689	11,969	11,511
Total interest and dividend income		75,935	59,081	147,164	113,886
INTEREST EXPENSE:
Deposits		9,709	8,262	18,732	15,506
Advances from the Federal Home Loan Bank		2,626	2,281	5,278	4,461
Other borrowings		429	427	855	933
Total interest expense		12,764	10,970	24,865	20,900
Net interest income		63,171	48,111	122,299	92,986
Provision for loan losses		3,400	2,900	5,800	5,400
Net interest income, after provision for loan losses		59,771	45,211	116,499	87,586
Realized gain on securities:
Realized gain on sale of securities		933	587	933	587
Other-than-temporary loss on securities:
Total impairment (losses) gains		(1,037)	(1,075)	(1,779)	(4,647)
Loss (gain) recognized in other comprehensive income		1,014	789	1,638	3,150
Net impairment loss recognized in earnings		(23)	(286)	(141)	(1,497)
Fair value gain (loss) on trading securities		(196)	(324)	(126)	(203)
Total unrealized (loss) gain on securities		(219)	(610)	(267)	(1,700)
Prepayment penalty fee income		738	1,053	1,614	1,930
Gain on sale – other		5,551	1,090	9,247	2,006
Mortgage banking income		2,909	2,937	4,787	6,000
Banking service fees and other income		6,308	1,640	9,695	3,123
Total non-interest income		16,220	6,697	26,009	11,946
NON-INTEREST EXPENSE:
Salaries and related costs		16,440	10,764	30,762	20,461
Professional services		1,270	797	1,633	1,599
Occupancy and equipment		934	832	1,847	1,553
Data processing and internet		2,299	1,683	4,179	3,197
Advertising and promotional		1,597	1,449	3,225	2,755
Depreciation and amortization		998	766	2,006	1,483
Real estate owned and repossessed vehicles		24	51	(50)	108
FDIC and regulator fees		1,108	828	2,172	1,606
Other general and administrative		2,775	1,767	4,589	3,621
Total non-interest expense		27,445	18,937	50,363	36,383
INCOME BEFORE INCOME TAXES		48,546	32,971	92,145	63,149
INCOME TAXES		20,397	13,599	38,495	25,936
NET INCOME		28,149	19,372	53,650	37,213
NET INCOME ATTRIBUTABLE TO COMMON STOCK		28,071	19,294	53,495	37,058
COMPREHENSIVE INCOME		$ 27,635	$ 18,537	$ 54,006	$ 38,662
Basic earnings per share, in dollars per share \| $ / shares	[1]	$ 0.44	$ 0.32	$ 0.84	$ 0.62
Diluted earnings per share, in dollars per share \| $ / shares	[1]	$ 0.44	$ 0.32	$ 0.84	$ 0.62

[1]	Per share amounts have been retroactively restated for all prior periods presented to reflect the four-for-one forward split of the Company’s common stock effected in the form of a stock dividend that was distributed on November 17, 2015

CONDENSED CONSOLIDATED STATEME5

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014
Statement of Comprehensive Income [Abstract]
NET INCOME	$ 28,149	$ 19,372	$ 53,650	$ 37,213
Other comprehensive income (loss), net of tax:
Net unrealized gain (loss) from available-for-sale securities, net of tax expense (benefit) of $(376) and $(579) for the three months ended December 30, 2015 and 2014, and $(552) and $105 for the six months ended December 31, 2015 and 2014, respectively.	(538)	(867)	(776)	139
Other-than-temporary impairment loss on securities recognized in other comprehensive income, net of tax expense (benefit) of $(401) and $(256) for the three months ended December 31, 2015 and 2014, and $(1,195) and $(1,258) for the six months ended December 31, 2015 and 2014, respectively.	572	384	1,680	1,662
Reclassification of net (gain) loss from available-for-sale securities included in income, net of tax expense (benefit) of $385 and $235 for the three months ended December 31, 2015 and 2014 and $385 and $235 for the six months ended December 31, 2015 and 2014, respectively.	(548)	(352)	(548)	(352)
Other comprehensive income (loss)	(514)	(835)	356	1,449
Comprehensive income	$ 27,635	$ 18,537	$ 54,006	$ 38,662

CONDENSED CONSOLIDATED STATEME6

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (PARENTHETICAL) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014
Statement of Comprehensive Income [Abstract]
Net unrealized gain (loss) from available-for-sale securities, tax expense (benefit)	$ (376)	$ (579)	$ (552)	$ 105
Other-than-temporary impairment on held-to-maturity securities recognized in other comprehensive income, tax expense (benefit)	(401)	(256)	(1,195)	(1,258)
Reclassification of net (gain) loss from available-for-sale securities included in income, tax expense (benefit)	$ 385	$ 235	$ 385	$ 235

CONDENSED CONSOLIDATED STATEME7

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($) $ in Thousands		Total		Preferred Stock	Common Stock		Treasury Stock	Additional Paid-in Capital	[1]	Retained Earnings	Accumulated Other Comprehensive Loss, Net of Income Tax
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common stock, par value, in dollars per share		$ 0.01
Preferred stock, beginning balance (in shares) at Jun. 30, 2015				515
Beginning balance at Jun. 30, 2015		$ 533,526	[1]	$ 5,063	$ 638	[1]	$ (24,644)	$ 296,035		$ 265,833	$ (9,399)
Common stock, shares, issued, beginning balance (in shares) at Jun. 30, 2015		63,145,364			63,145,364	[1]
Common stock, outstanding, beginning balance (in shares) at Jun. 30, 2015		62,075,004			62,075,004	[1]	1,070,360
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income		$ 53,650								53,650
Other comprehensive income		356									356
Cash dividends on preferred stock		(155)								(155)
Issuance of common stock (in shares)	[1]				723,808
Issuance of common stock, amount		21,120			$ 2	[1]		21,118
Stock-based compensation expense		5,116						5,116
Restricted stock grants and tax benefits, issued (in shares)	[1]				193,384
Restricted stock grants and tax benefits, treasury shares							(43,035)
Restricted stock grants, outstanding (in shares)	[1]				150,349
Restricted stock grants and tax benefits		$ (1,422)			$ 1	[1]	$ (2,940)	1,517
Stock option exercises and tax benefits, issued (in shares)		80,000			80,000	[1]
Stock option exercises and tax benefits, outstanding (in shares)	[1]				80,000
Stock option exercises and tax benefits		$ 1,139			$ 0	[1]	0	1,139
Preferred stock, ending balance (in shares) at Dec. 31, 2015				515
Ending balance at Dec. 31, 2015		$ 613,330	[1]	$ 5,063	$ 641	[1]	$ (27,584)	$ 324,925		$ 319,328	$ (9,043)
Common stock, shares, issued, ending balance (in shares) at Dec. 31, 2015		64,142,556			64,142,556	[1]
Common stock, outstanding, ending balance (in shares) at Dec. 31, 2015		63,029,161			63,029,161	[1]	1,113,395
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common stock, par value, in dollars per share		$ 0.01

[1]	Common stock amounts have been retroactively restated for all prior periods presented to reflect the four-for-one forward split of the Company’s common stock effected in the form of a stock dividend that was distributed on November 17, 2015

CONDENSED CONSOLIDATED STATEME8

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 53,650	$ 37,213
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Accretion of discounts on securities	(2,329)	(2,899)
Net accretion of discounts on loans	1,636	(508)
Stock-based compensation expense	5,116	3,015
Tax benefit from exercise of common stock options and vesting of restricted stock grants	(2,510)	(854)
Valuation of financial instruments carried at fair value	126	204
Net gain on sale of investment securities	(933)	(587)
Impairment charge on securities	141	1,497
Provision for loan losses	5,800	5,400
Deferred income taxes	(3,963)	(4,175)
Origination of loans held for sale	(904,453)	(467,946)
Unrealized (gain) loss on loans held for sale	(62)	86
Gain on sales of loans held for sale	(14,034)	(8,006)
Proceeds from sale of loans held for sale	937,049	502,520
Change in fair value of mortgage servicing rights	51	31
(Gain) loss on sale of other real estate and foreclosed assets	(108)	36
Depreciation and amortization of furniture, equipment and software	2,006	1,483
Net changes in assets and liabilities which provide (use) cash:
Accrued interest receivable	1,087	(231)
Other assets	(14,049)	(1,417)
Accrued interest payable	(4)	(40)
Accounts payable and accrued liabilities	5,196	(2,566)
Net cash provided by (used in) operating activities	69,413	62,256
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of investment securities	(96,928)	(1,000)
Proceeds from sale of available-for-sale mortgage-backed securities	10,069	0
Proceeds from repayment of securities	35,914	43,047
Purchase of stock of Federal Home Loan Bank	(68,649)	(11,850)
Proceeds from redemption of stock of Federal Home Loan Bank	67,500	9,628
Origination of loans for portfolio	(1,761,693)	(1,611,283)
Origination of mortgage warehouse loans, net	(54,327)	(4,325)
Proceeds from sales of other real estate owned and repossessed assets	1,442	79
Purchases of loans, net of discounts and premiums	(384)	0
Principal repayments on loans	1,086,419	816,733
Net purchases of furniture, equipment and software	(3,890)	(2,235)
Net cash used in investing activities	(784,527)	(761,206)
CASH FLOWS FROM FINANCING ACTIVITIES:
Net increase in deposits	748,049	963,859
Proceeds from Federal Home Loan Bank advances	524,000	258,000
Repayment of Federal Home Loan Bank advances	(519,000)	(498,000)
Settlement of securities sold under agreements to repurchase	0	(10,000)
Proceeds from exercise of common stock options	147	2
Proceeds from issuance of common stock	21,120	38,945
Tax benefit from exercise of common stock options and vesting of restricted stock grants	2,510	854
Cash dividends on preferred stock	(155)	(155)
Net cash provided by financing activities	776,671	753,505
NET CHANGE IN CASH AND CASH EQUIVALENTS	61,557	54,555
CASH AND CASH EQUIVALENTS—Beginning of year	222,874	155,584
CASH AND CASH EQUIVALENTS—End of period	284,431	210,139
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Interest paid on deposits and borrowed funds	24,869	20,874
Income taxes paid	37,216	32,677
Transfers to other real estate owned and repossessed vehicles from loans	518	931
Transfers from loans held for investment to loans held for sale	7,985	30,000
Transfers from loans held for sale to loans held for investment	$ 18,846	$ 7,127

BASIS OF PRESENTATION

BASIS OF PRESENTATION	6 Months Ended
BASIS OF PRESENTATION	Dec. 31, 2015
Accounting Policies [Abstract]
BASIS OF PRESENTATION	BASIS OF PRESENTATION The condensed consolidated financial statements include the accounts of BofI Holding, Inc. and its wholly owned subsidiary, BofI Federal Bank (the “Bank” and collectively with BofI Holding, Inc., the “Company”). All significant intercompany balances and transactions have been eliminated in consolidation. The accompanying interim condensed consolidated financial statements, presented in accordance with accounting principles generally accepted in the United States of America (“GAAP”), are unaudited and reflect all adjustments which, in the opinion of management, are necessary for a fair statement of financial condition and results of operations for the interim periods. All adjustments are of a normal and recurring nature. Results for the six months ended December 31, 2015 are not necessarily indicative of results that may be expected for any other interim period or for the year as a whole. Certain information and note disclosures normally included in the audited annual financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”) with respect to interim financial reporting. The accompanying unaudited condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and accompanying notes for the year ended June 30, 2015 included in our Annual Report on Form 10-K. On November 17, 2015, the Company completed a four-for-one forward stock split in the form of a stock dividend. References made to outstanding shares or per share amounts in the condensed consolidated financial statements and accompanying notes have been retroactively adjusted to reflect this four-for-one stock split. In November, the number of authorized shares of common stock available for issuance was increased from 50,000,000 to 150,000,000 as approved by the Company’s Board of Directors and stockholders.

SIGNIFICANT ACCOUNTING POLICIES

SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
SIGNIFICANT ACCOUNTING POLICIES	Dec. 31, 2015
Accounting Policies [Abstract]
SIGNIFICANT ACCOUNTING POLICIES	SIGNIFICANT ACCOUNTING POLICIES Securities . Debt securities are classified as held-to-maturity and carried at amortized cost when management has both the positive intent and ability to hold them to maturity. Debt securities are classified as available-for-sale when they might be sold before maturity. Trading securities refer to certain types of assets that banks hold for resale at a profit or when the Company elects to account for certain securities at fair value. Increases or decreases in the fair value of trading securities are recognized in earnings as they occur. Securities available-for-sale are carried at fair value, with unrealized holding gains and losses reported in other comprehensive income, net of tax. Gains and losses on securities sales are based on a comparison of sales proceeds and the amortized cost of the security sold using the specific identification method. Purchases and sales are recognized on the trade date. Interest income includes amortization of purchase premiums or discounts. Premiums and discounts on securities are amortized or accreted using the level-yield method without anticipating prepayments, except for mortgage-backed securities where prepayments are anticipated. The Company’s portfolios of held-to-maturity and available-for-sale securities are reviewed quarterly for other-than-temporary impairment. In performing this review, management considers (1) the length of time and extent that fair value has been less than cost, (2) the financial condition and near term prospects of the issuer, (3) the impact of changes in market interest rates on the market value of the security and (4) how to record an impairment by assessing whether the Company intends to sell or it is more likely than not that it will be required to sell a security in an unrealized loss position before the Company recovers the security’s amortized cost. If either of these criteria for (4) is met, the entire difference between amortized cost and fair value is recognized in earnings. Alternatively, if the criteria for (4) is not met, the amount of impairment recognized in earnings is limited to the amount related to credit losses, while impairment related to other factors is recognized in other comprehensive income. The credit loss is defined as the difference between the present value of the cash flows expected to be collected and the amortized cost basis. Loans . Loans that management has the intent and ability to hold for the foreseeable future or until maturity or payoff are reported at the principal balance outstanding, net of unearned interest, deferred purchase premiums and discounts, deferred loan origination fees and costs, and an allowance for loan losses. Interest income is accrued on the unpaid principal balance. Premiums and discounts on loans purchased as well as loan origination fees, net of certain direct origination costs, are deferred and recognized in interest income using the level-yield method. Recognition of interest income on all portfolio segments is generally discontinued at the time the loan is 90 days delinquent unless the loan is well secured and in process of collection. Past due status is based on the contractual terms of the loan. In all cases, loans are placed on nonaccrual or charged-off at an earlier date if collection of principal or interest is considered doubtful. All interest accrued but not received for loans placed on nonaccrual, is reversed against interest income. Interest received on such loans is accounted for on the cash-basis or cost recovery method, until qualifying for return to accrual. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured. Loans Held for Sale. U.S government agency (“agency”) loans originated and intended for sale in the secondary market are carried at fair value. Net unrealized gains and losses are recognized through the income statement. The Bank sells its mortgage loans with either servicing released or servicing retained depending upon market pricing. Gains and losses on loan sales are recorded as mortgage banking income, based on the difference between sales proceeds and carrying value. Non-agency loans held for sale are carried at the lower of cost or fair value. Loans that were originated with the intent and ability to hold for the foreseeable future (loans held in portfolio) but which have been subsequently designated as being held for sale for risk management or liquidity needs are carried at the lower of cost or fair value calculated on an individual loan by loan basis. There may be times when loans have been classified as held for sale and for some reason cannot be sold. Loans transferred to a long-term-investment classification from held-for-sale are transferred at the lower of cost or market value on the transfer date. Any difference between the carrying amount of the loan and its outstanding principal balance is recognized as an adjustment to yield by the interest method. A loan cannot be classified as a long-term investment unless the Bank has both the ability and the intent to hold the loan for the foreseeable future or until maturity. Allowance for Loan Losses. The allowance for loan losses is maintained at a level estimated to provide for probable incurred losses in the loan portfolio. Management determines the adequacy of the allowance based on reviews of individual loans and pools of loans, recent loss experience, current economic conditions, the risk characteristics of the various categories of loans and other pertinent factors. This evaluation is inherently subjective and requires estimates that are susceptible to significant revision as more information becomes available. The allowance is increased by the provision for loan losses, which is charged against current period operating results and recoveries of loans previously charged-off. The allowance is decreased by the amount of charge-offs of loans deemed uncollectible. Allocations of the allowance may be made for specific loans but the entire allowance is available for any loan that, in management’s judgment, should be charged off. See Note 5 of these financial statement footnotes and the financial statement footnotes for the year ended June 30, 2015 included in our Annual Report on Form 10-K for further information. H&R Block Bank Deposit Acquisition. On August 31, 2015, the Bank completed the acquisition of approximately $419 million in deposits consisting of checking, individual retirement savings, and CD accounts from H&R Block Bank and its parent company, H&R Block, Inc. (“H&R Block”). Additionally, the Bank and Emerald Financial Services, LLC (“EFS”), a Delaware limited liability company and wholly-owned subsidiary of H&R Block, entered into the Program Management Agreement, dated August 31, 2015; the Bank and H&R Block, EFS, HRB Participant I, LLC, a Delaware limited liability company and wholly-owned subsidiary of H&R Block, entered into the Emerald Receivables Participation Agreement, dated August 31, 2015; and the Bank and H&R Block entered into the Guaranty Agreement, dated August 31, 2015.

FAIR VALUE

FAIR VALUE	6 Months Ended
FAIR VALUE	Dec. 31, 2015
Fair Value Disclosures [Abstract]
FAIR VALUE	FAIR VALUE Fair value is defined as the price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. Accounting Standards Codification Topic 820, Fair Value Measurement , also establishes a fair value hierarchy which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The standard describes three levels of inputs that may be used to measure fair value: Level 1: Quoted prices in active markets for identical assets or liabilities in active markets that the entity has the ability to access as of the measurement date. Level 1 assets and liabilities include debt and equity securities that are actively traded in an exchange or over-the-counter market and are highly liquid, such as, among other assets and securities, certain U.S. treasury and other U.S. government debt. Level 2: Observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities. Level 2 assets include securities with quoted prices that are traded less frequently than exchange-traded instruments and whose value is determined using a pricing model with inputs that are observable in the market or can be derived principally from or corroborated by observable market data. Level 3: Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. Level 3 assets and liabilities include financial instruments whose value is determined using pricing models such as discounted cash flow methodologies, or similar techniques, as well as instruments for which the determination of fair value requires significant management judgment or estimation. When available, the Company generally uses quoted market prices to determine fair value, in which case the items are classified in Level 1. In some cases where a market price is available, the Company will make use of acceptable practical expedients (such as matrix pricing) to calculate fair value, in which case the items are classified in Level 2. The Company considers relevant and observable market prices in its valuations where possible. The frequency of transactions, the size of the bid-ask spread and the nature of the participants are some of the factors the Company uses to help determine whether a market is active and orderly or inactive and not orderly. Price quotes based upon transactions that are not orderly are not considered to be determinative of fair value and should be given little, if any, weight in measuring fair value. If quoted market prices are not available, fair value is based upon internally developed valuation techniques that use, where possible, current market-based or independently sourced market parameters, such as interest rates, credit spreads, housing value forecasts, etc. Items valued using such internally generated valuation techniques are classified according to the lowest level input or value driver that is significant to the valuation. Thus, an item may be classified in Level 3 even though there may be some significant inputs that are readily observable. The following section describes the valuation methodologies used by the Company to measure various financial instruments at fair value, including an indication of the level in the fair value hierarchy in which each instrument is generally classified: Securities—trading. Trading securities are recorded at fair value. The trading portfolio consists of two different issues of floating-rate debt securities collateralized by pools of bank trust preferred securities. Recent liquidity and economic uncertainty have made the market for collateralized debt obligations less active or inactive. As quoted market prices are not available, the Level 3 fair values for these securities are determined by the Company utilizing industry-standard tools to calculate the net present value of the expected cash flows available to the securities from the underlying assets. The Company’s expected cash flows are calculated for each security and include the impact of actual and forecasted bank defaults within each collateral pool as well as structural features of the security’s tranche such as lock outs, subordination and overcollateralization. The forecast of underlying bank defaults in each pool is based upon a quarterly financial update including the trend in non-performing assets, the allowance for loan losses and the underlying bank’s capital ratios. Also a factor is the Company’s loan loss experience in the local economy in which the bank operates. At December 31, 2015 , the Company’s forecast of cash flows for both securities includes actual and forecasted defaults totaling 19.1% of all banks in the collateral pools, compared to 17.3% of the banks actually in default. The expected cash flows reflect the Company’s best estimate of all pool losses which are then applied to the overcollateralization reserve and the subordinated tranches to determine the cash flows. The Company selects a discount rate margin based upon the spread between U.S. Treasury rates and the market rates for active credit grades for financial companies. The discount margin when added to the U.S. Treasury rate determines the discount rate, reflecting primarily market liquidity and interest rate risk since expected credit loss is included in the cash flows. At December 31, 2015 , the Company used a weighted average discount margin of 500 basis points above U.S. Treasury rates to calculate the net present value of the expected cash flows and the fair value of its trading securities. The Level 3 fair values determined by the Company for its trading securities rely heavily on management’s assumptions as to the future credit performance of the collateral banks, the impact of the global and regional economic activity, the timing of forecasted defaults and the discount rate applied to cash flows. The fair value of the trading securities at December 31, 2015 is sensitive to an increase or decrease in the discount rate. An increase in the discount margin of 100 basis points would have reduced the total fair value of the trading securities and decreased net income before income tax by $786 . A decrease in the discount margin of 100 basis points would have increased the total fair value of the trading securities and increased net income before income tax by $906 . Securities—available-for-sale and held-to-maturity . Available-for-sale securities are recorded at fair value and consist of residential mortgage-backed securities (“RMBS”) issued by U.S. agencies, non-agencies, collateralized loan obligations, and municipals. Held-to-maturity securities are recorded at amortized cost and consist of RMBS issued by U.S. agencies, RMBS issued by non-agencies, and municipals. Fair value for U.S. agency securities is generally based on quoted market prices of similar securities used to form a dealer quote or a pricing matrix. There continues to be significant illiquidity in the market for RMBS issued by non-agencies, impacting the availability and reliability of transparent pricing. As orderly quoted market prices are not available, the Level 3 fair values for these securities are determined by the Company utilizing industry-standard tools to calculate the net present value of the expected cash flows available to the securities from the underlying mortgage assets. The Company computes Level 3 fair values for each non-agency RMBS in the same manner (as described below) whether available-for-sale or held-to-maturity. To determine the performance of the underlying mortgage loan pools, the Company estimates prepayments, defaults, and loss severities based on a number of macroeconomic factors, including housing price changes, unemployment rates, interest rates and borrower attributes such as credit score and loan documentation at the time of origination. For each security, the Company inputs a projection of monthly default rates, loss severity rates and voluntary prepayment rates for the underlying mortgages for the remaining life of each security to determine the expected cash flows. The projections of default rates are derived by the Company from the historic default rate observed in the pool of loans collateralizing the security, increased by and decreased by the forecasted increase or decrease in the national unemployment rate. The projections of loss severity rates are derived by the Company from the historic loss severity rate observed in the pool of loans, increased by (and decreased by) the forecasted decrease or increase in the national home price appreciation (“HPA”) index. The largest factors influencing the Company’s modeling of the monthly default rate are unemployment and HPA, as a strong correlation exists. The national unemployment rate announced prior to the end of the period covered by this report (reported for November 2015) was 5.0% , down from the high of 10.0% in October 2009. Consensus estimates for unemployment are that the rate will continue to decline. Going forward, the Company is projecting lower monthly default rates. The range of loss severity rates applied to each default used in the Company’s projections at December 31, 2015 are from 15.0% up to 66.6% based upon individual bond historical performance. The default rates and the severities are projected for every non-agency RMBS security held by the Company and will vary monthly based upon the actual performance of the security and the macroeconomic factors discussed above. To determine the discount rates used to compute the present value of the expected cash flows for these non-agency RMBS securities, the Company separates the securities by the borrower characteristics in the underlying pool. Specifically, “prime” securities generally have borrowers with higher FICO scores and better documentation of income. “Alt-A” securities generally have borrowers with a lower FICO and less documentation of income. “Pay-option ARMs” are Alt-A securities with borrowers that tend to pay the least amount of principal (or increase their loan balance through negative amortization). The Company calculates separate discount rates for prime, Alt-A and Pay-option ARM non-agency RMBS securities using market-participant assumptions for risk, capital and return on equity. The range of annual default rates used in the Company’s projections at December 31, 2015 are from 1.5% up to 20.0% with prime securities tending toward the lower end of the range and Alt-A and Pay-option ARMs tending toward the higher end of the range. The Company applies its discount rates to the projected monthly cash flows which already reflect the full impact of all forecasted losses using the assumptions described above. When calculating present value of the expected cash flows at December 31, 2015 , the Company computed its discount rates as a spread between 241 and 732 basis points over the interpolated swap curve with prime securities tending toward the lower end of the range and Alt-A and Pay-option ARMs tending toward the higher end of the range. Loans Held for Sale. Loans held for sale at fair value are primarily single-family and multifamily residential loans. The fair value of residential loans held for sale is determined by pricing for comparable assets or by existing forward sales commitment prices with investors. Impaired Loans. Impaired loans are loans which are inadequately protected by the current net worth and paying capacity of the borrowers or the collateral pledged. The accrual of interest income has been discontinued for impaired loans. The impaired loans are characterized by the distinct possibility that the Bank will sustain some loss if the deficiencies are not corrected. The Company assesses loans individually and identifies impairment when the loan is classified as impaired, has been restructured, or management has serious doubts about the future collectibility of principal and interest, even though the loans may currently be performing. The fair value of an impaired loan is determined based on an observable market price or current appraised value of the underlying collateral. The fair value of impaired loans with specific write-offs or allocations of the allowance for loan losses are generally based on recent real estate appraisals or internal valuation analyses consistent with the methodology used in real estate appraisals and include other third-party valuations and analysis of cash flows. These appraisals and analyses are updated at least on an annual basis. The Company primarily obtains real estate appraisals and in the rare cases where an appraisal cannot be obtained, the Company performs an internal valuation analysis. These appraisals and analyses may utilize a single valuation approach or a combination of approaches including comparable sales and income approaches. The sales comparison approach uses at least three recent similar property sales to help determine the fair value of the property being appraised. The income approach is calculated by taking the net operating income generated by the collateral property of the rent collected and dividing it by an assumed capitalization rate. Adjustments are routinely made in the process by the appraisers to account for differences between the comparable sales and income data available. When measuring the fair value of the impaired loan based upon the projected sale of the underlying collateral, the Company subtracts the costs expected to be incurred for the transfer of the underlying collateral, which includes items such as sales commissions, delinquent taxes and insurance premiums. These adjustments to the estimated fair value of non-performing loans may result in increases or decreases to the provision for loan losses recorded in current earnings. Such adjustments are typically significant and result in a Level 3 classification for the inputs for determining fair value. Other Real Estate Owned and Repossessed Vehicles . Non-recurring adjustments to certain commercial and residential real estate properties classified as other real estate owned (“OREO”) are measured at the lower of carrying amount or fair value, less estimated costs to sell. Fair values are generally based on third-party appraisals of the property, resulting in a Level 3 classification. In cases where the carrying amount exceeds the fair value, less costs to sell, an impairment loss is recognized. Mortgage Servicing Rights. The Company initially records all mortgage servicing rights (“MSRs”) at fair value and accounts for MSRs at fair value during the life of the MSR, with changes in fair value recorded through current period earnings. Fair value adjustments encompass market-driven valuation changes as well as modeled amortization involving the run-off of value that occurs due to the passage of time as individual loans are paid by borrowers. Market expectations about loan duration, and correspondingly the expected term of future servicing cash flows, may vary from time to time due to changes in expected prepayment activity, especially when interest rates rise or fall. Market expectations of increased loan prepayment speeds may negatively impact the fair value of the single family MSRs. Fair value is also dependent on the discount rate used in calculating present value, which is imputed from observable market activity and market participants and results in Level 3 classification. Management reviews and adjusts the discount rate on an ongoing basis. An increase in the discount rate would reduce the estimated fair value of the MSRs asset. Mortgage Banking Derivatives. Fair value for mortgage banking derivatives are either based upon prices in active secondary markets for identical securities or based on quoted market prices of similar assets used to form a dealer quote or a pricing matrix. If no such quoted price exists, the fair value of a commitment is determined by quoted prices for a similar commitment or commitments, adjusted for the specific attributes of each commitment. These fair values are then adjusted for items such as fallout and estimated costs to originate the loan. The Company’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 Company’s valuation methodologies are appropriate and consistent with or, in some cases, more conservative than 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 relevant reporting date. The following table sets forth the Company’s financial assets and liabilities measured at fair value on a recurring basis at December 31, 2015 and June 30, 2015 . Assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement: December 31, 2015 (Dollars in thousands) Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Total ASSETS: Securities—Trading: Collateralized Debt Obligations $ — $ — $ 7,706 $ 7,706 Securities—Available-for-Sale: Agency RMBS $ — $ 35,114 $ — $ 35,114 Non-Agency RMBS — — 21,136 21,136 Municipal — 31,013 — 31,013 Other Debt Securities — 141,126 — 141,126 Total—Securities—Available-for-Sale $ — $ 207,253 $ 21,136 $ 228,389 Loans Held for Sale $ — $ 24,730 $ — $ 24,730 Mortgage Servicing Rights $ — $ — $ 3,475 $ 3,475 Other assets – Derivative Instruments $ — $ — $ 1,062 $ 1,062 LIABILITIES: Other liabilities – Derivative Instruments $ — $ — $ 31 $ 31 June 30, 2015 (Dollars in thousands) Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Total ASSETS: Securities—Trading: Collateralized Debt Obligations $ — $ — $ 7,832 $ 7,832 Securities—Available-for-Sale: Agency RMBS $ — $ 43,491 $ — $ 43,491 Non-Agency RMBS — — 26,633 26,633 Municipal — 22,035 — 22,035 Other Debt Securities — 71,202 — 71,202 Total—Securities—Available-for-Sale $ — $ 136,728 $ 26,633 $ 163,361 Loans Held for Sale $ — $ 25,430 $ — $ 25,430 Mortgage Servicing Rights $ — $ — $ 2,098 $ 2,098 Other assets – Derivative Instruments $ — $ — $ 2,261 $ 2,261 LIABILITIES: Other liabilities – Derivative Instruments $ — $ — $ — $ — The following tables present additional information about assets measured at fair value on a recurring basis and for which the Company has utilized Level 3 inputs to determine fair value: For the Three Months Ended December 31, 2015 (Dollars in thousands) Securities – Trading: Collateralized Debt Obligations Securities – Available-for-Sale: Non-Agency RMBS Mortgage Servicing Rights Derivative Instruments, net Total Opening balance $ 7,902 $ 24,993 $ 2,687 $ 1,018 $ 36,600 Transfers into Level 3 — — — — — Transfers out of Level 3 — — — — — Total gains or losses for the period: Included in earnings—Sale of mortgage-backed securities — (680 ) — — (680 ) Included in earnings—Fair value gain (loss) on trading securities (196 ) — — — (196 ) Included in earnings—Mortgage banking income — — 95 13 108 Included in other comprehensive income — (715 ) — — (715 ) Purchases, originations, issues, sales and settlements: Purchases/originations — — 693 — 693 Issues — — — — — Sales — (2,089 ) — — (2,089 ) Settlements — (369 ) — — (369 ) Other-than-temporary impairment — (4 ) — — (4 ) Closing balance $ 7,706 $ 21,136 $ 3,475 $ 1,031 $ 33,348 Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period $ (196 ) $ (680 ) $ 95 $ 13 $ (768 ) For the Six Months Ended December 31, 2015 (Dollars in thousands) Securities – Trading: Collateralized Debt Obligations Securities – Available-for-Sale: Non-Agency RMBS Mortgage Servicing Rights Derivative Instruments, net Total Opening Balance $ 7,832 $ 26,633 $ 2,098 $ 2,261 $ 38,824 Transfers into Level 3 — — — — — Transfers out of Level 3 — — — — — Total gains or losses for the period: Included in earnings—Sale of mortgage-backed securities — (680 ) — — (680 ) Included in earnings—Fair value gain (loss) on trading securities (126 ) — — — (126 ) Included in earnings—Mortgage banking income — — (51 ) (1,230 ) (1,281 ) Included in other comprehensive income — (961 ) — — (961 ) Purchases, originations, issues, sales and settlements: Purchases/originations — — 1,428 — 1,428 Issues — — — — — Sales — (2,089 ) — — (2,089 ) Settlements — (1,728 ) — — (1,728 ) Other-than-temporary impairment — (39 ) — — (39 ) Closing balance $ 7,706 $ 21,136 $ 3,475 $ 1,031 $ 33,348 Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period $ (126 ) $ (680 ) $ (51 ) $ (1,230 ) $ (2,087 ) For the Three Months Ended December 31, 2014 (Dollars in thousands) Securities – Trading: Collateralized Debt Obligations Securities – Available-for-Sale: Non-Agency RMBS Mortgage Servicing Rights Derivative Instruments, net Total Opening balance $ 8,187 $ 34,171 $ 749 $ 943 $ 44,050 Transfers into Level 3 — — — — — Transfers out of Level 3 — — — — — Total gains or losses for the period: Included in earnings—Sale of mortgage-backed securities — — — — — Included in earnings—Fair value gain on trading securities (325 ) — — — (325 ) Included in earnings—Mortgage banking income — — (38 ) (284 ) (322 ) Included in other comprehensive income — (981 ) — — (981 ) Purchases, originations, issues, sales and settlements: Purchases/originations — — 326 — 326 Issues — — — — — Sales — — — — — Settlements — (1,099 ) — — (1,099 ) Other-than-temporary impairment — (165 ) — — (165 ) Closing balance $ 7,862 $ 31,926 $ 1,037 $ 659 $ 41,484 Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period $ (325 ) $ — $ (38 ) $ (284 ) $ (647 ) For the Six Months Ended December 31, 2014 (Dollars in thousands) Securities – Trading: Collateralized Debt Obligations Securities – Available-for-Sale: Non-Agency RMBS Mortgage Servicing Rights Derivative Instruments, net Total Opening Balance $ 8,066 $ 37,409 $ 562 $ 875 $ 46,912 Transfers into Level 3 — — — — — Transfers out of Level 3 — — — — — Total gains or losses for the period: Included in earnings—Sale of mortgage-backed securities — — — — — Included in earnings—Fair value gain (loss) on trading securities (204 ) — — — (204 ) Included in earnings—Mortgage banking income — — (35 ) (216 ) (251 ) Included in other comprehensive income — (1,119 ) — — (1,119 ) Purchases, originations, issues, sales and settlements: Purchases/originations — — 510 — 510 Issues — — — — — Sales — — — — — Settlements — (4,150 ) — — (4,150 ) Other-than-temporary impairment — (214 ) — — (214 ) Closing balance $ 7,862 $ 31,926 $ 1,037 $ 659 $ 41,484 Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period $ (204 ) $ — $ (35 ) $ (216 ) $ (455 ) The table below summarizes the quantitative information about level 3 fair value measurements at the periods indicated: December 31, 2015 (Dollars in thousands) Fair Value Valuation Technique Unobservable Input Range (Weighted Average) Securities – Trading: Collateralized Debt Obligations $ 7,706 Discounted Cash Flow Total Projected Defaults, Discount Rate over Treasury 17.1 to 21.1% (19.1%) 5.0 to 5.0% (5.0%) Securities – Available-for-Sale: Non-agency RMBS $ 21,136 Discounted Cash Flow Projected Constant Prepayment Rate, 8.6 to 25.8% (14.7%) Mortgage Servicing Rights $ 3,475 Discounted Cash Flow Projected Constant Prepayment Rate, 5.1 to 13.9% (8.1%) Derivative Instruments, net $ 1,031 Sales Comparison Approach Projected Sales Profit of Underlying Loans 0.3 to 0.5% (0.4%) June 30, 2015 (Dollars in thousands) Fair Value Valuation Technique Unobservable Input Range (Weighted Average) Securities – Trading: $ 7,832 Discounted Cash Flow Total Projected Defaults, 18.8 to 29.8% (24.6%) Securities – Available-for-Sale: $ 26,633 Discounted Cash Flow Projected Constant Prepayment Rate, 6.3 to 29.5% (13.0%) Mortgage Servicing Rights $ 2,098 Discounted Cash Flow Projected Constant Prepayment Rate, 4.4 to 19.2% (7.7%) Derivative Instruments, net $ 2,261 Sales Comparison Approach Projected Sales Profit of Underlying Loans 0.5 to 1.3% (0.8%) The significant unobservable inputs used in the fair value measurement of the Company’s residential mortgage-backed securities are prepayment rates, probability of default, and loss severity in the event of default. Significant increases (decreases) in any of those inputs in isolation would result in a significantly lower (higher) fair value measurement. Generally, a change in the assumption used for the probability of default is accompanied by a directionally similar change in the assumption used for the loss severity and a directionally opposite change in the assumption used for prepayment rates. The table below summarizes changes in unrealized gains and losses and interest income recorded in earnings for level 3 trading assets and liabilities that are still held at the periods indicated: For the Three Months Ended For the Six Months Ended December 31, December 31, (Dollars in thousands) 2015 2014 2015 2014 Interest income on investments $ 60 $ 56 $ 117 $ 112 Fair value adjustment (195 ) (324 ) (126 ) (203 ) Total $ (135 ) $ (268 ) $ (9 ) $ (91 ) The table below summarizes assets measured for impairment on a non-recurring basis: December 31, 2015 (Dollars in thousands) Quoted Prices in Significant Other Significant Balance Impaired Loans: Single family real estate secured: Mortgage $ — $ — $ 21,168 $ 21,168 Home equity — — 7 7 Multifamily real estate secured — — 4,845 4,845 Commercial real estate secured — — 372 372 Auto and RV secured — — 300 300 Total $ — $ — $ 26,692 $ 26,692 Other real estate owned and foreclosed assets: Single family real estate secured $ — $ — $ 75 $ 75 Multifamily real estate secured — — 321 321 Auto and RV secured — — 26 26 Total $ — $ — $ 422 $ 422 HTM Securities – Non-Agency RMBS $ — $ — $ 84,552 $ 84,552 June 30, 2015 (Dollars in thousands) Quoted Prices in Significant Other Significant Balance Impaired Loans: Single family real estate secured: Mortgage $ — $ — $ 23,059 $ 23,059 Home equity — — 9 9 Multifamily real estate secured — — 5,399 5,399 Commercial real estate secured — — 2,128 2,128 Auto and RV secured — — 453 453 Total $ — $ — $ 31,048 $ 31,048 Other real estate owned and foreclosed assets: Single family real estate secured $ — $ — $ 463 $ 463 Multifamily real estate secured — — 762 762 Auto and RV secured — — 15 15 Total $ — $ — $ 1,240 $ 1,240 HTM Securities – Non-Agency RMBS $ — $ — $ 88,094 $ 88,094 Impaired loans measured for impairment on a non-recurring basis using the fair value of the collateral for collateral-dependent loans have a carrying amount of $26,692 , after charge-offs of $104 for the six months ended December 31, 2015 , and life to date charge-offs of $4,619 . Impaired loans had a related allowance of $279 at December 31, 2015 . Other real estate owned and foreclosed assets, which are measured at the lower of carrying value or fair value less costs to sell, had a net carrying amount of $422 after charge-offs of $11 for the three months ended December 31, 2015 . Held-to-maturity securities measured for impairment on a non-recurring basis had a fair value of $84,552 and a carrying amount of $85,092 at December 31, 2015 , after net impairment charges to income of $102 and an increase to other comprehensive income of $3,496 during the six months ended December 31, 2015 . The Company recognized net impairment charges to income of $1,283 and an increase in other comprehensive increase of $2,920 for the six months ended December 31, 2014 . These held-to-maturity securities are valued using Level 3 inputs. The Company has elected the fair value option for Agency loans held for sale. These loans are intended for sale and the Company believes that the fair value is the best indicator of the resolution of these loans. Interest income is recorded based on the contractual terms of the loan. None of these loans are 90 days or more past due nor on nonaccrual as of December 31, 2015 and June 30, 2015 . As of December 31, 2015 and June 30, 2015 , the aggregate fair value, contractual balance (including accrued interest), and unrealized gain was as follows: (Dollars in thousands) December 31, 2015 June 30, 2015 Aggregate fair value $ 24,730 $ 25,430 Contractual balance 24,239 24,886 Unrealized gain $ 491 $ 544 The total amount of unrealized gains and losses from changes in fair value included in earnings for the period indicated below for loans held for sale were: For the Three Months Ended For the Six Months Ended December 31, December 31, (Dollars in thousands) 2015 2014 2015 2014 Interest income $ 161 $ 149 $ 433 $ 303 Change in fair value (286 ) (152 ) (1,292 ) (130 ) Total $ (125 ) $ (3 ) $ (859 ) $ 173 The following table presents quantitative information about level 3 fair value measurements for financial instruments measured at fair value on a non-recurring basis at the periods indicated: December 31, 2015 (Dollars in thousands) Fair Value Valuation Technique(s) Unobservable Input Range (Weighted Average) 1 Impaired loans: Single family real estate secured: Mortgage $ 21,168 Sales comparison approach Adjustment for differences between the comparable sales -40.6 to 71.1% (18.1%) Home equity $ 7 Sales comparison approach Adjustment for differences between the comparable sales -9.7 to 5.5% (-2.1%) Multifamily real estate secured $ 4,845 Sales comparison approach, income approach, Discounted cash flows Adjustment for differences between the comparable sales and adjustments for differences in net operating income expectations -39.5 to 41.8% (-5.8%) Commercial real estate secured $ 372 Sales comparison approach and income approach Adjustment for differences between the comparable sales and adjustments for differences in net operating income expectations -33.0 to -10.7% (-21.9%) Auto and RV secured $ 300 Sales comparison approach Adjustment for differences between the comparable sales 0.0 to 24.7% (10.3%) Other real estate owned: Single family real estate secured $ 75 Sales comparison approach Adjustment for differences between the comparable sales -2.2 to 11.2% (4.5%) Multifamily real estate secured $ 321 Sales comparison approach and income approach Adjustment for differences between the comparable sales and adjustments for differences in net operating income expectations, Capitalization rate -36.2 to 4.3% (-20.2%) Auto and RV secured $ 26 Sales comparison approach Adjustment for differences between the comparable sales 0.0 to 20.5% (10.3%) HTM Securities – Non-Agency RMBS $ 84,552 Discounted cash flow Constant prepayment rate, constant default rate, loss severity, discount rate over LIBOR 2.5 to 23.9% (10.5%) June 30, 2015 (Dollars in thousands) Fair Value Valuation Technique(s) Unobservable Input Range (Weighted Average) 1 Impaired loans: Single family real estate secured: Mortgage $ 23,059 Sales comparison approach Adjustment for differences between the comparable sales -52.5 to 53.7% (3.9%) Home equity $ 9 Sales comparison approach Adjustment for differences between the comparable sales -9.7 to 5.5% (-2.1%) Multifamily real estate secured $ 5,399 Sales comparison approach and income approach Adjustment for differences between the comparable sales and adjustments for differences in net operating income expectations -73.4 to 80.6% (-8.3%) Commercial real estate secured $ 2,128 Sales comparison approach and income approach Adjustment for differences between the comparable sales and adjustments for differences in net operating income expectations -66.5 to 81.1% (-10.3%) Auto and RV secured $ 453 Sales comparison approach Adjustment for differences between the comparable sales 0.0 to 66.2% (10.8%) Other real estate owned: Single family real estate secured $ 463 Sales comparison approach Adjustment for differences between the comparable sales -20.3 to 12.1% (-4.1%) Multifamily real estate secured $ 762 Sales comparison approach and income approach Adjustment for differences between the comparable sales and adjustments for diffe

SECURITIES

SECURITIES	6 Months Ended
SECURITIES	Dec. 31, 2015
Investments, Debt and Equity Securities [Abstract]
SECURITIES	SECURITIES The amortized cost, carrying amount and fair value for the major categories of securities: trading, available-for-sale, and held-to-maturity at December 31, 2015 and June 30, 2015 were: December 31, 2015 Trading Available-for-sale Held-to-maturity (Dollars in thousands) Fair Value Amortized Cost Unrealized Gains Unrealized Losses Fair Value Carrying Amount Unrecognized Gains Unrecognized Losses Fair Value Mortgage-backed securities (RMBS): U.S. agencies 1 $ — $ 35,565 $ 334 $ (785 ) $ 35,114 $ 39,118 $ 752 $ (1 ) $ 39,869 Non-agency 2 — 19,275 1,861 — 21,136 140,908 7,560 (13,228 ) 135,240 Total mortgage-backed securities — 54,840 2,195 (785 ) 56,250 180,026 8,312 (13,229 ) 175,109 Other debt securities: Municipal — 30,877 222 (86 ) 31,013 35,937 4,513 — 40,450 Non-agency 3 7,706 141,056 912 (842 ) 141,126 — — — — Total other debt securities 7,706 171,933 1,134 (928 ) 172,139 35,937 4,513 — 40,450 Total debt securities $ 7,706 $ 226,773 $ 3,329 $ (1,713 ) $ 228,389 $ 215,963 $ 12,825 $ (13,229 ) $ 215,559 June 30, 2015 Trading Available-for-sale Held-to-maturity (Dollars in thousands) Fair Value Amortized Cost Unrealized Gains Unrealized Losses Fair Value Carrying Amount Unrecognized Gains Unrecognized Losses Fair Value Mortgage-backed securities (RMBS): U.S. agencies 1 $ — $ 43,738 $ 701 $ (948 ) $ 43,491 $ 41,993 $ 1,398 $ — $ 43,391 Non-agency 2 — 23,799 2,835 (1 ) 26,633 147,586 10,045 (12,749 ) 144,882 Total mortgage-backed securities — 67,537 3,536 (949 ) 70,124 189,579 11,443 (12,749 ) 188,273 Other debt securities: Municipal — 21,731 390 (86 ) 22,035 35,976 4,074 — 40,050 Non-agency 3 7,832 70,216 1,271 (285 ) 71,202 — — — — Total other debt securities 7,832 91,947 1,661 (371 ) 93,237 35,976 4,074 — 40,050 Total debt securities $ 7,832 $ 159,484 $ 5,197 $ (1,320 ) $ 163,361 $ 225,555 $ 15,517 $ (12,749 ) $ 228,323 __________________________________ 1. U.S. government-backed or government sponsored enterprises including Fannie Mae, Freddie Mac and Ginnie Mae. 2. Private sponsors of securities collateralized primarily by pools of 1-4 family residential first mortgages. Primarily super senior securities secured by prime, Alt-A or pay-option ARM mortgages. 3. Senior collateralized loan obligations and asset-backed securities. The Company’s non-agency RMBS available-for-sale portfolio with a total fair value of $21,136 at December 31, 2015 consists of seventeen different issues of super senior securities with a fair value of $12,766 ; one senior structured whole loan security with a fair value of $8,349 and two mezzanine z-tranche securities with a fair value of $21 collateralized by seasoned prime and Alt-A first-lien mortgages. The non-agency RMBS held-to-maturity portfolio with a carrying value of $140,908 at December 31, 2015 consists of 76 different issues of super senior securities totaling $138,704 and one senior-support security with a carrying value of $2,204 . Debt securities with evidence of credit quality deterioration since issuance and for which it is probable at purchase that the Company will be unable to collect all of the par value of the security are accounted for under ASC Topic 310-30, Loans and Debt Securities Acquired with Deteriorated Credit Quality (“ASC Topic 310-30”). Under ASC Topic 310-30, the excess of cash flows expected at acquisition over the purchase price is referred to as the accretable yield and is recognized in interest income over the remaining life of the security. The Company has one senior support security that it acquired at a significant discount that evidenced credit deterioration at acquisition and is accounted for under ASC Topic 310-30. For a cost of $17,740 the Company acquired the senior support security with a contractual par value of $30,560 and accretable and non-accretable discounts that were projected to be $9,015 and $3,805 , respectively. Since acquisition, repayments from the security have been received more rapidly than projected at acquisition, but expected total payments have declined, resulting in a determination that the security was other-than-temporarily impaired; however, no charge was recorded for the fiscal 2015 year and no charge was incurred for the six months ended December 31, 2015 . At December 31, 2015 the security had a remaining contractual par value of zero dollars and amortizable and non-amortizable premium are currently projected to be zero dollars and $2,472 , respectively. The current face amounts of debt securities available-for-sale and held-to-maturity that were pledged to secure borrowings at December 31, 2015 and June 30, 2015 were $40,009 and $39,014 respectively. The securities with unrealized losses, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position were as follows: December 31, 2015 Available-for-sale securities in loss position for Held-to-maturity securities in loss position for Less Than 12 Months More Than 12 Months Total Less Than 12 Months More Than 12 Months Total (Dollars in thousands) Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses RMBS: U.S. agencies $ — $ — $ 23,612 $ (785 ) $ 23,612 $ (785 ) $ 149 $ (1 ) $ — $ — $ 149 $ (1 ) Non-agency — — — — — — 13,664 (845 ) 75,183 (12,383 ) 88,847 (13,228 ) Total RMBS securities — — 23,612 (785 ) 23,612 (785 ) 13,813 (846 ) 75,183 (12,383 ) 88,996 (13,229 ) Other Debt: Municipal Debt 20,507 (86 ) — — 20,507 (86 ) — — — — — — Non-agency 68,648 (706 ) 2,276 (136 ) 70,924 (842 ) — — — — — — Total Other Debt 89,155 (792 ) 2,276 (136 ) 91,431 (928 ) — — — — — — Total debt securities $ 89,155 $ (792 ) $ 25,888 $ (921 ) $ 115,043 $ (1,713 ) $ 13,813 $ (846 ) $ 75,183 $ (12,383 ) $ 88,996 $ (13,229 ) June 30, 2015 Available-for-sale securities in loss position for Held-to-maturity securities in loss position for Less Than 12 Months More Than 12 Months Total Less Than 12 Months More Than 12 Months Total (Dollars in thousands) Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses RMBS: U.S. agencies $ 369 $ (2 ) $ 24,974 $ (946 ) $ 25,343 $ (948 ) $ — $ — $ — $ — $ — $ — Non-agency 1,275 (1 ) — — 1,275 (1 ) 23,450 (1,802 ) 67,090 (10,947 ) 90,540 (12,749 ) Total RMBS securities 1,644 (3 ) 24,974 (946 ) 26,618 (949 ) 23,450 (1,802 ) 67,090 (10,947 ) 90,540 (12,749 ) Other Debt: Municipal Debt 1,358 (86 ) — — 1,358 (86 ) — — — — — — Non-agency 19,100 (285 ) — — 19,100 (285 ) — — — — — — Total Other Debt 20,458 (371 ) — — 20,458 (371 ) — — — — — — Total debt securities $ 22,102 $ (374 ) $ 24,974 $ (946 ) $ 47,076 $ (1,320 ) $ 23,450 $ (1,802 ) $ 67,090 $ (10,947 ) $ 90,540 $ (12,749 ) There were 38 securities that were in a continuous loss position at December 31, 2015 for a period of more than 12 months . There were 32 securities that were in a continuous loss position at June 30, 2015 for a period of more than 12 months . The following table summarizes amounts of credit loss recognized in the income statement through other-than-temporary impairment charges which reduced non-interest income: For the Three Months Ended For the Six Months Ended December 31, December 31, (Dollars in thousands) 2015 2014 2015 2014 Beginning balance $ (20,621 ) $ (19,351 ) $ (20,503 ) $ (18,139 ) Additions for the amounts related to credit loss for which an other-than-temporary impairment was not previously recognized — — (99 ) (39 ) Increases to the amount related to the credit loss for which other-than-temporary impairment was previously recognized (23 ) (285 ) (42 ) (1,458 ) Credit losses realized for securities sold 116 — 116 — Ending balance $ (20,528 ) $ (19,636 ) $ (20,528 ) $ (19,636 ) At December 31, 2015 , non-agency RMBS with a total carrying amount of $96,249 were determined to have cumulative credit losses of $20,528 of which $23 was recognized in earnings during the three months ended December 31, 2015 . This quarter’s other-than-temporary impairment of $23 is related to two non-agency RMBS with a total carrying amount of $1,028 . The Company measures its non-agency RMBS in an unrecognized loss position at the end of the reporting period for other-than-temporary impairment by comparing the present value of the cash flows currently expected to be collected from the security with its amortized cost basis. If the calculated present value is lower than the amortized cost, the difference is the credit component of an other-than-temporary impairment of its debt securities. The excess of present value over the fair value of the security (if any) is the non-credit component only if the Company does not intend to sell the security and will not be required to sell the security before recovery of its amortized cost basis. The credit component of the other-than-temporary impairment is recorded as a loss in earnings and the non-credit component as a charge to other comprehensive income, net of the related income tax benefit. To determine the cash flow expected to be collected and to calculate the present value for purposes of testing for other-than-temporary impairment, the Company utilizes the same industry-standard tool and the same cash flows as those calculated for Level 3 fair values as discussed in Note 3 – Fair Value. The discount rates used to compute the present value of the expected cash flows for purposes of testing for the credit component of the other-than-temporary impairment are either the implicit rate calculated in each of the Company’s securities at acquisition or the last accounting yield. The Company calculates the implicit rate at acquisition based on the contractual terms of the security, considering scheduled payments (and minimum payments in the case of pay-option ARMs) without prepayment assumptions. Once the discount rate (or discount margin in the case of floating rate securities) is calculated as described above, the discount is used in the industry-standard model to calculate the present value of the cash flows. The gross gains and losses realized through earnings upon the sale of available-for-sale securities for the three and six months ended December 31, 2015 were as follows: For the Three Months Ended For the Six Months Ended December 31, December 31, (Dollars in thousands) 2015 2014 2015 2014 Proceeds $ 10,069 $ 9,614 $ 10,069 $ 9,614 Gross realized gains 933 587 933 587 Gross realized losses — — — — Net realized gain on securities $ 933 $ 587 $ 933 $ 587 The Company had recorded unrealized gains and unrealized losses in accumulated other comprehensive loss as follows: (Dollars in thousands) December 31, June 30, Available-for-sale debt securities—net unrealized gains $ 1,616 $ 3,877 Available-for-sale debt securities—non-credit related losses (259 ) (271 ) Held-to-maturity debt securities—non-credit related losses (15,100 ) (18,597 ) Subtotal (13,743 ) (14,991 ) Tax benefit 4,700 5,592 Net unrealized loss on investment securities in accumulated other comprehensive loss $ (9,043 ) $ (9,399 ) The expected maturity distribution including repayments of the Company’s mortgage-backed securities and other debt securities classified as trading, available-for-sale and held-to-maturity at December 31, 2015 were: December 31, 2015 Trading Available for sale Held-to-maturity (Dollars in thousands) Fair Value Amortized Cost Fair Value Carrying Amount Fair Value RMBS—U.S. agencies: Due within one year $ — $ 3,532 $ 3,451 $ 1,298 $ 1,346 Due one to five years — 10,929 10,710 4,978 5,161 Due five to ten years — 8,693 8,576 5,654 5,851 Due after ten years — 12,411 12,377 27,188 27,511 Total RMBS—U.S. agencies — 35,565 35,114 39,118 39,869 RMBS—Non-agency: Due within one year — 5,536 5,933 21,779 20,837 Due one to five years — 9,251 10,059 47,178 45,431 Due five to ten years — 2,625 3,005 38,441 36,615 Due after ten years — 1,863 2,139 33,510 32,357 Total RMBS—Non-agency — 19,275 21,136 140,908 135,240 Other debt: Due within one year — 33,822 33,760 1,014 1,137 Due one to five years — 129,343 129,571 4,708 5,280 Due five to ten years — 5,050 5,066 7,391 8,292 Due after ten years 7,706 3,718 3,742 22,824 25,741 Total other debt 7,706 171,933 172,139 35,937 40,450 Total $ 7,706 $ 226,773 $ 228,389 $ 215,963 $ 215,559

LOANS & ALLOWANCE FOR LOAN LOSS

LOANS & ALLOWANCE FOR LOAN LOSSES	6 Months Ended
LOANS & ALLOWANCE FOR LOAN LOSSES	Dec. 31, 2015
Receivables [Abstract]
LOANS & ALLOWANCE FOR LOAN LOSSES	LOANS & ALLOWANCE FOR LOAN LOSSES The following table sets forth the composition of the loan portfolio as of the dates indicated: (Dollars in thousands) December 31, 2015 June 30, 2015 Single family real estate secured: Mortgage $ 3,371,974 $ 2,980,795 Home equity 3,418 3,604 Warehouse and other 1 519,564 385,413 Multifamily real estate secured 1,202,987 1,185,531 Commercial real estate secured 99,938 61,403 Auto and RV secured 30,335 13,140 Factoring 143,896 122,200 Commercial & Industrial 281,826 248,584 Other 61,145 601 Total gross loans 5,715,083 5,001,271 Allowance for loan losses (35,071 ) (28,327 ) Unaccreted discounts and loan fees (34,740 ) (44,326 ) Total net loans $ 5,645,272 $ 4,928,618 1. The balance of single family warehouse loans was $176,330 at December 31, 2015 and $122,003 at June 30, 2015 . The remainder of the balance is attributable to single family lender finance loans. Allowance for Loan Losses. We are committed to maintaining the allowance for loan losses (sometimes referred to as the “allowance”) at a level that is considered to be commensurate with estimated probable incurred credit losses in the portfolio. Although the adequacy of the allowance is reviewed quarterly, management performs an ongoing assessment of the risks inherent in the portfolio. While the Company believes that the allowance for loan losses is adequate at December 31, 2015 , future additions to the allowance will be subject to continuing evaluation of estimated and known, as well as inherent risks in the loan portfolio. Allowance for Loan Loss Disclosures. The assessment of the adequacy of the Company’s allowance for loan losses is based upon a number of quantitative and qualitative factors, including levels and trends of past due and nonaccrual loans, change in volume and mix of loans, collateral values and charge-off history. The Company provides general loan loss reserves for its automobile (“auto”) and recreational vehicle (“RV”) loans based upon the borrower credit score and the Company’s loss experience to date. The allowance for loan loss for the auto and RV loan portfolio at December 31, 2015 was determined by classifying each outstanding loan according to semi-annually refreshed FICO score and providing loss rates. The Company had $30,035 of auto and RV loan balances subject to general reserves as follows: FICO greater than or equal to 770: $8,903 ; 715 – 769: $11,206 ; 700 – 714: $3,462 ; 660 – 699: $4,526 and less than 660: $1,938 . The Company provides general loan loss reserves for mortgage loans based upon the size and class of the mortgage loan and the loan-to-value ratio (“LTV”) at date of origination. The Company divides the LTV analysis into two classes, separating the purchased loans from the loans underwritten directly by the Company. Based on historical performance, the Company concluded that originated loans require lower estimated loss rates than purchased loans. The allowance for each class is determined by dividing the outstanding unpaid balance for each loan by the loan-to-value and applying a loss rate. The LTV groupings for each significant mortgage class are as follows: The Company had $3,350,806 of single family mortgage portfolio loan balances subject to general reserves as follows: LTV less than or equal to 60%: $1,819,843 ; 61% – 70%: $1,231,936 ; 71% – 80%: $298,822 ; and greater than 80%: $205 . The Company had $1,198,142 of multifamily mortgage portfolio loan balances subject to general reserves as follows: LTV less than or equal to 55%: $521,999 ; 56% – 65%: $396,445 ; 66% – 75%: $265,266 ; 76% – 80%: $14,432 and greater than 80%: $0 . The Company had $99,566 of commercial real estate loan balances subject to general reserves as follows: LTV less than or equal to 50%: $33,759 ; 51% – 60%: $23,821 ; 61% – 70%: $37,257 ; and 71% – 80%: $4,729 . The Company’s lender finance portfolio consists of business loans well-collateralized by residential real estate. The Company’s commercial & industrial portfolio consists of business loans well-collateralized by business assets. The Company’s other portfolio consists of other consumer loans. The Company allocates its allowance for loan loss for these asset types based on qualitative factors which consider the value of the collateral and the financial position of the issuer of the receivables. The following tables summarize activity in the allowance for loan losses by portfolio classes for the periods indicated: For the Three Months Ended December 31, 2015 Single Family Real Estate Secured (Dollars in thousands) Mortgage Home Equity Warehouse & Other Multifamily Real Estate Secured Commercial Real Estate Secured Auto and RV Secured Factoring Commercial & Industrial Other/Consumer Total Balance at October 1, 2015 $ 16,313 $ 94 $ 2,057 $ 4,180 $ 961 $ 1,339 $ 342 $ 5,663 $ 129 $ 31,078 Provision for loan loss 911 (60 ) 586 (887 ) (895 ) 532 17 939 2,257 3,400 Charge-offs (61 ) (1 ) — — — (56 ) — — — (118 ) Recoveries 4 12 — — 670 25 — — — 711 Balance at December 31, 2015 $ 17,167 $ 45 $ 2,643 $ 3,293 $ 736 $ 1,840 $ 359 $ 6,602 $ 2,386 $ 35,071 For the Three Months Ended December 31, 2014 Single Family Real Estate Secured (Dollars in thousands) Mortgage Home Equity Warehouse & Other Multifamily Real Estate Secured Commercial Real Estate Secured Auto and RV Secured Factoring Commercial & Industrial Other/Consumer Total Balance at October 1, 2014 $ 9,807 $ 113 $ 1,216 $ 4,022 $ 965 $ 1,160 $ 311 $ 2,882 $ 19 $ 20,495 Provision for loan loss 1,983 (19 ) 369 212 176 (50 ) (41 ) 271 (1 ) 2,900 Charge-offs (3 ) — — — (156 ) (75 ) — — — (234 ) Recoveries 5 3 — — — 18 — — — 26 Balance at December 31, 2014 $ 11,792 $ 97 $ 1,585 $ 4,234 $ 985 $ 1,053 $ 270 $ 3,153 $ 18 $ 23,187 For the Six Months Ended December 31, 2015 Single Family Real Estate Secured (Dollars in thousands) Mortgage Home Equity Warehouse & Other Multifamily Real Estate Secured Commercial Real Estate Secured Auto and RV Secured Factoring Commercial & Industrial Other/Consumer Total Balance at July 1, 2015 $ 13,664 $ 122 $ 1,879 $ 4,363 $ 1,103 $ 953 $ 292 $ 5,882 $ 69 $ 28,327 Provision for loan loss 3,418 (96 ) 764 (1,070 ) (1,349 ) 1,029 67 720 2,317 5,800 Charge-offs (77 ) (2 ) — — — (206 ) — — — (285 ) Recoveries 162 21 — — 982 64 — — — 1,229 Balance at December 31, 2015 $ 17,167 $ 45 $ 2,643 $ 3,293 $ 736 $ 1,840 $ 359 $ 6,602 $ 2,386 $ 35,071 For the Six Months Ended December 31, 2014 Single Family Real Estate Secured (Dollars in thousands) Mortgage Home Equity Warehouse & Other Multifamily Real Estate Secured Commercial Real Estate Secured Auto and RV Secured Factoring Commercial & Industrial Other/Consumer Total Balance at July 1, 2014 $ 7,959 $ 134 $ 1,259 $ 3,785 $ 1,035 $ 812 $ 279 $ 3,048 $ 62 $ 18,373 Provision for loan loss 3,865 (43 ) 326 749 106 351 (9 ) 105 (50 ) 5,400 Charge-offs (40 ) — — (300 ) (156 ) (146 ) — — — (642 ) Recoveries 8 6 — — — 36 — — 6 56 Balance at December 31, 2014 $ 11,792 $ 97 $ 1,585 $ 4,234 $ 985 $ 1,053 $ 270 $ 3,153 $ 18 $ 23,187 The following tables present our loans evaluated individually for impairment by class: December 31, 2015 (Dollars in thousands) Unpaid Principal Balance Principal Balance Adjustment Unpaid Book Balance Accrued Interest / Origination Fees Recorded Investment Related Allowance With no related allowance recorded: Single Family Real Estate Secured: Mortgage: In-house originated $ 8,989 $ 699 $ 8,290 $ 380 $ 8,670 $ — Purchased 5,924 1,961 3,963 83 4,046 — Multifamily Real Estate Secured: Purchased 2,545 1,008 1,537 — 1,537 — Commercial Real Estate Secured: Purchased 629 257 372 21 393 — Auto and RV Secured: In-house originated 957 694 263 14 277 — With an allowance recorded: Single Family Real Estate Secured: Mortgage: In-house originated 6,481 — 6,481 83 6,564 212 Purchased 2,434 — 2,434 3 2,437 63 Home Equity: In-house originated 7 — 7 — 7 1 Multifamily Real Estate Secured: In-house originated 3,308 — 3,308 58 3,366 2 Auto and RV Secured: In-house originated 37 — 37 2 39 1 Total $ 31,311 $ 4,619 $ 26,692 $ 644 $ 27,336 $ 279 As a % of total gross loans 0.55 % 0.08 % 0.47 % 0.01 % 0.48 % — % June 30, 2015 (Dollars in thousands) Unpaid Principal Balance Principal Balance Adjustment Unpaid Book Balance Accrued Interest / Origination Fees Recorded Investment Related Allowance With no related allowance recorded: Single Family Real Estate Secured: Mortgage: In-house originated $ 7,000 $ 657 $ 6,343 $ 129 $ 6,472 $ — Purchased 6,318 2,083 4,235 157 4,392 — Multifamily Real Estate Secured: Purchased 2,569 921 1,648 — 1,648 — Commercial Real Estate Secured: Purchased 3,662 1,534 2,128 254 2,382 — Auto and RV Secured: In-house originated 1,097 815 282 13 295 — With an allowance recorded: Single Family Real Estate Secured: Mortgage: In-house originated 10,142 — 10,142 — 10,142 214 Purchased 2,339 — 2,339 9 2,348 45 Home Equity: In-house originated 9 — 9 — 9 1 Multifamily Real Estate Secured: In-house originated 3,430 — 3,430 43 3,473 2 Purchased 321 — 321 20 341 3 Auto and RV Secured: In-house originated 171 — 171 4 175 8 Total $ 37,058 $ 6,010 $ 31,048 $ 629 $ 31,677 $ 273 As a % of total gross loans 0.74 % 0.12 % 0.62 % 0.01 % 0.63 % 0.01 % The following tables present the balance in the allowance for loan losses and the recorded investment in loans by portfolio segment and based on impairment evaluation method: December 31, 2015 Single Family Real Estate Secured (Dollars in thousands) Mortgage Home Warehouse and other Multifamily Real Estate Secured Commercial Real Estate Secured Auto and RV Secured Factoring Commercial & Industrial Other Total Allowance for loan losses: Ending allowance balance attributable to loans: Individually evaluated for impairment $ 275 $ 1 $ — $ 2 $ — $ 1 $ — $ — $ — $ 279 Collectively evaluated for impairment 16,892 44 2,643 3,291 736 1,839 359 6,602 2,386 34,792 Total ending allowance balance $ 17,167 $ 45 $ 2,643 $ 3,293 $ 736 $ 1,840 $ 359 $ 6,602 $ 2,386 $ 35,071 Loans: Loans individually evaluated for impairment 1 $ 21,168 $ 7 $ — $ 4,845 $ 372 $ 300 $ — $ — $ — $ 26,692 Loans collectively evaluated for impairment 3,350,806 3,411 519,564 1,198,142 99,566 30,035 143,896 281,826 61,145 5,688,391 Principal loan balance 3,371,974 3,418 519,564 1,202,987 99,938 30,335 143,896 281,826 61,145 5,715,083 Unaccreted discounts and loan fees 10,966 16 (185 ) 3,773 441 403 (47,015 ) (901 ) (2,238 ) (34,740 ) Accrued interest receivable 8,605 7 485 3,999 214 108 440 1,229 589 15,676 Total recorded investment in loans $ 3,391,545 $ 3,441 $ 519,864 $ 1,210,759 $ 100,593 $ 30,846 $ 97,321 $ 282,154 $ 59,496 $ 5,696,019 ________________ 1. Loans evaluated for impairment include Troubled Debt Restructurings (“TDRs”) that have been performing for more than six months . June 30, 2015 Single Family Real Estate Secured (Dollars in thousands) Mortgage Home Warehouse and other Multifamily Real Estate Secured Commercial Real Estate Auto and RV Secured Factoring Commercial & Industrial Other Total Allowance for loan losses: Ending allowance balance attributable to loans: Individually evaluated for impairment $ 259 $ 1 $ — $ 5 $ — $ 8 $ — $ — $ — $ 273 Collectively evaluated for impairment 13,405 121 1,879 4,358 1,103 945 292 5,882 69 28,054 Total ending allowance balance $ 13,664 $ 122 $ 1,879 $ 4,363 $ 1,103 $ 953 $ 292 $ 5,882 $ 69 $ 28,327 Loans: Loans individually evaluated for impairment 1 $ 23,059 $ 9 $ — $ 5,399 $ 2,128 $ 453 $ — $ — $ — $ 31,048 Loans collectively evaluated for impairment 2,957,736 3,595 385,413 1,180,132 59,275 12,687 122,200 248,584 601 4,970,223 Principal loan balance 2,980,795 3,604 385,413 1,185,531 61,403 13,140 122,200 248,584 601 5,001,271 Unaccreted discounts and loan fees 10,438 11 (83 ) 3,348 96 149 (57,223 ) (1,062 ) — (44,326 ) Accrued interest receivable 10,530 5 306 4,862 145 73 477 1,159 — 17,557 Total recorded investment in loans $ 3,001,763 $ 3,620 $ 385,636 $ 1,193,741 $ 61,644 $ 13,362 $ 65,454 $ 248,681 $ 601 $ 4,974,502 ________________ 1. Loans evaluated for impairment include TDRs that have been performing for more than six months . Credit Quality Disclosures. Non-performing loans consisted of the following as of the dates indicated: (Dollars in thousands) December 31, June 30, Single Family Real Estate Secured: Mortgage: In-house originated $ 14,771 $ 16,485 Purchased 6,183 6,357 Home Equity: In-house originated 7 9 Multifamily Real Estate Secured: In-house originated 3,308 3,430 Purchased 1,537 1,969 Commercial Real Estate Secured: Purchased 372 2,128 Total non-performing loans secured by real estate 26,178 30,378 Auto and RV Secured 300 453 Total non-performing loans $ 26,478 $ 30,831 Non-performing loans to total loans 0.46 % 0.62 % The Company has no loans over 90 days delinquent that are still accruing interest at December 31, 2015 . Approximately 79.14% of the Company’s non-performing loans are single family first mortgages already written down to 65.29% in aggregate, of the original appraisal value of the underlying properties. The following tables present the outstanding unpaid balance of loans that are performing and non-performing by portfolio class: December 31, 2015 Single Family Real Estate Secured (Dollars in thousands) Mortgage Home Warehouse & other Multifamily Real Estate Secured Commercial Real Estate Secured Auto and RV Secured Factoring Commercial & Industrial Other Total Performing $ 3,351,020 $ 3,411 $ 519,564 $ 1,198,142 $ 99,566 $ 30,035 $ 143,896 $ 281,826 $ 61,145 $ 5,688,605 Non-performing 20,954 7 — 4,845 372 300 — — — 26,478 Total $ 3,371,974 $ 3,418 $ 519,564 $ 1,202,987 $ 99,938 $ 30,335 $ 143,896 $ 281,826 $ 61,145 $ 5,715,083 June 30, 2015 Single Family Real Estate Secured (Dollars in thousands) Mortgage Home Warehouse & other Multifamily Real Estate Secured Commercial Real Estate Secured Auto and RV Secured Factoring Commercial & Industrial Other Total Performing $ 2,957,953 $ 3,595 $ 385,413 $ 1,180,132 $ 59,275 $ 12,687 $ 122,200 $ 248,584 $ 601 $ 4,970,440 Non-performing 22,842 9 — 5,399 2,128 453 — — — 30,831 Total $ 2,980,795 $ 3,604 $ 385,413 $ 1,185,531 $ 61,403 $ 13,140 $ 122,200 $ 248,584 $ 601 $ 5,001,271 The Company divides loan balances when determining general loan loss reserves between purchases and originations as follows: December 31, 2015 Single Family Real Estate Secured: Mortgage Multifamily Real Estate Secured Commercial Real Estate Secured (Dollars in thousands) Origination Purchase Total Origination Purchase Total Origination Purchase Total Performing $ 3,272,701 $ 78,319 $ 3,351,020 $ 1,084,122 $ 114,020 $ 1,198,142 $ 87,310 $ 12,256 $ 99,566 Non-performing 14,771 6,183 20,954 3,308 1,537 4,845 — 372 372 Total $ 3,287,472 $ 84,502 $ 3,371,974 $ 1,087,430 $ 115,557 $ 1,202,987 $ 87,310 $ 12,628 $ 99,938 June 30, 2015 Single Family Real Estate Secured: Mortgage Multifamily Real Estate Secured Commercial Real Estate Secured (Dollars in thousands) Origination Purchase Total Origination Purchase Total Origination Purchase Total Performing $ 2,869,119 $ 88,834 $ 2,957,953 $ 1,048,266 $ 131,866 $ 1,180,132 $ 46,577 $ 12,698 $ 59,275 Non-performing 16,485 6,357 22,842 3,430 1,969 5,399 — 2,128 2,128 Total $ 2,885,604 $ 95,191 $ 2,980,795 $ 1,051,696 $ 133,835 $ 1,185,531 $ 46,577 $ 14,826 $ 61,403 From time to time the Company modifies loan terms temporarily for borrowers who are experiencing financial stress. These loans are performing and accruing and will generally return to the original loan terms after the modification term expires. Approximately 12.74% of our non-performing loans at December 31, 2015 were considered TDRs, compared to 16.08% at June 30, 2015 . Borrowers that make timely payments after TDRs are considered non-performing for at least six months . Generally, after six months of timely payments, those TDRs are reclassified from the non-performing loan category to the performing loan category and any previously deferred interest income is recognized. The Company classifies these loans as performing loans temporarily modified as TDR and are included in impaired loans as follows: December 31, 2015 Single Family Real Estate Secured (Dollars in thousands) Mortgage Home Warehouse & other Multifamily Real Estate Secured Commercial Real Estate Secured Auto and RV Secured Factoring Commercial & Industrial Other Total Performing loans temporarily modified as TDR $ 214 $ — $ — $ — $ — $ — $ — $ — $ — $ 214 Non-performing loans 20,954 7 — 4,845 372 300 — — — 26,478 Total impaired loans $ 21,168 $ 7 $ — $ 4,845 $ 372 $ 300 $ — $ — $ — $ 26,692 June 30, 2015 Single Family Real Estate Secured (Dollars in thousands) Mortgage Home Warehouse & other Multifamily Real Estate Secured Commercial Real Estate Secured Auto and RV Secured Factoring Commercial & Industrial Other Total Performing loans temporarily modified as TDR $ 217 $ — $ — $ — $ — $ — $ — $ — $ — $ 217 Non-performing loans 22,842 9 — 5,399 2,128 453 — — — 30,831 Total impaired loans $ 23,059 $ 9 $ — $ 5,399 $ 2,128 $ 453 $ — $ — $ — $ 31,048 The Company recognizes interest on performing loans temporarily modified as TDR, which is shown in conjunction with average balances as follows: For the Three Months Ended December 31, 2015 Single Family Real Estate Secured (Dollars in thousands) Mortgage Home Warehouse & other Multifamily Real Estate Secured Commercial Real Estate Secured Auto and RV Secured Factoring Commercial & Industrial Other Total Interest income recognized on performing TDRs $ 2 $ — $ — $ — $ — $ — $ — $ — $ — $ 2 Average balances of performing TDRs $ 215 $ — $ — $ — $ — $ — $ — $ — $ — $ 215 Average balances of impaired loans $ 22,195 $ 8 $ — $ 5,064 $ 1,045 $ 321 $ — $ — $ — $ 28,633 For the Three Months Ended December 31, 2014 Single Family Real Estate Secured (Dollars in thousands) Mortgage Home Warehouse & other Multifamily Real Estate Secured Commercial Real Estate Secured Auto and RV Secured Factoring Commercial & Industrial Other Total Interest income recognized on performing TDRs $ 6 $ — $ — $ — $ — $ — $ — $ — $ — $ 6 Average balances of performing TDRs $ 537 $ — $ — $ — $ — $ — $ — $ — $ — $ 537 Average balances of impaired loans $ 21,517 $ 34 $ — $ 5,691 $ 3,242 $ 460 $ — $ — $ — $ 30,944 For the Six Months Ended December 31, 2015 Single Family Real Estate Secured (Dollars in thousands) Mortgage Home Warehouse & other Multifamily Real Estate Secured Commercial Real Estate Secured Auto and RV Secured Factoring Commercial & Industrial Other Total Interest income recognized on performing TDRs $ 4 $ — $ — $ — $ — $ — $ — $ — $ — $ 4 Average balances of performing TDRs $ 215 $ — $ — $ — $ — $ — $ — $ — $ — $ 215 Average balances of impaired loans $ 22,483 $ 8 $ — $ 5,176 $ 1,406 $ 365 $ — $ — $ — $ 29,438 For the Six Months Ended December 31, 2014 Single Family Real Estate Secured (Dollars in thousands) Mortgage Home Warehouse & other Multifamily Real Estate Secured Commercial Real Estate Secured Auto and RV Secured Factoring Commercial & Industrial Other Total Interest income recognized on performing TDRs $ 12 $ — $ — $ — $ 20 $ — $ — $ — $ — $ 32 Average balances of performing TDRs $ 687 $ — $ — $ — $ 463 $ — $ — $ — $ — $ 1,150 Average balances of impaired loans $ 18,806 $ 78 $ — $ 5,228 $ 3,620 $ 485 $ — $ — $ — $ 28,217 The Company’s loan modifications primarily included single family, multifamily and commercial loans of which included one or a combination of the following: a reduction of the stated interest rate or delinquent property taxes that were paid by the Bank and either repaid by the borrower over a one year period or capitalized and amortized over the remaining life of the loan. The Company’s loan modifications also included RV loans in which borrowers were able to make interest-only payments for a period of six months to one year which then reverted back to fully amortizing. Credit Quality Indicators The Company categorizes loans into risk categories based on relevant information about the ability of borrowers to service their debt such as: current financial information, historical payment experience, credit documentation, public information and current economic trends, among other factors. The Company analyzes loans individually by classifying the loans based on credit risk. The Company uses the following definitions for risk ratings. Pass. Loans classified as pass are well protected by the current net worth and paying capacity of the obligor or by the fair value, less cost to acquire and sell, of any underlying collateral in a timely manner. Special Mention . Loans classified as special mention have a potential weakness that deserves management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the loan or of the institution’s credit position at some future date. Substandard . Loans classified as substandard are inadequately protected by the current net worth and paying capacity of the obligor or of the collateral pledged, if any. Loans so classified have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that the institution will sustain some loss if the deficiencies are not corrected. Doubtful . Loans classified as doubtful have all the weaknesses inherent in those classified as substandard, with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions, and values, highly questionable and improbable. The Company reviews and grades loans following a continuous loan review process, featuring coverage of all loan types and business lines at least quarterly. Continuous reviewing provides more effective risk monitoring because it immediately tests for potential impacts caused by changes in personnel, policy, products or underwriting standards. The following table presents the composition of the Company’s loan portfolio by credit quality indicators: December 31, 2015 (Dollars in thousands) Pass Special Substandard Doubtful Total Single Family Real Estate Secured: Mortgage: In-house originated $ 3,253,671 $ 13,520 $ 20,281 $ — $ 3,287,472 Purchased 77,909 195 6,398 — 84,502 Home Equity: In-house originated 3,393 18 7 — 3,418 Warehouse and other: In-house originated 513,864 5,700 — — 519,564 Multifamily Real Estate Secured: In-house originated 1,079,226 4,036 4,168 — 1,087,430 Purchased 110,107 2,795 2,655 — 115,557 Commercial Real Estate Secured: In-house originated 87,310 — — — 87,310 Purchased 9,844 2,412 372 — 12,628 Auto and RV Secured: In-house originated 29,829 161 345 — 30,335 Factoring: In-house originated 143,896 — — — 143,896 Commercial & Industrial: In-house originated 272,153 9,673 — — 281,826 Other 61,145 — — — 61,145 Total $ 5,642,347 $ 38,510 $ 34,226 $ — $ 5,715,083 As a % of total gross loans 98.7 % 0.7 % 0.6 % — % 100.0 % June 30, 2015 (Dollars in thousands) Pass Special Substandard Doubtful Total Single Family Real Estate Secured: Mortgage: In-house originated $ 2,855,637 $ 11,256 $ 18,711 $ — $ 2,885,604 Purchased 87,256 216 7,719 — 95,191 Home Equity: In-house originated 3,473 — 131 — 3,604 Warehouse and other: In-house originated 375,588 9,825 — — 385,413 Multifamily Real Estate Secured: In-house originated 1,036,718 10,926 4,052 — 1,051,696 Purchased 127,839 3,470 2,526 — 133,835 Commercial Real Estate Secured: In-house originated 46,577 — — — 46,577 Purchased 9,947 2,444 2,435 — 14,826 Auto and RV Secured: In-house originated 12,630 19 491 — 13,140 Factoring: In-house originated 122,200 — — — 122,200 Commercial & Industrial: In-house originated 239,415 9,169 — — 248,584 Other 601 — — — 601 Total $ 4,917,881 $ 47,325 $ 36,065 $ — $ 5,001,271 As a % of total gross loans 98.3 % 1.0 % 0.7 % — % 100.0 % The Company considers the performance of the loan portfolio and its impact on the allowance for loan losses. The Company also evaluates credit quality based on the aging status of its loans. The following table provides the outstanding unpaid balance of loans that are past due 30 days or more by portfolio class as of the period indicated: December 31, 2015 (Dollars in thousands) 30-59 Days Past Due 60-89 Days Past Due 90+ Days Past Due Total Single family real estate secured: Mortgage: In-house originated $ 3,157 $ — $ 13,531 $ 16,688 Purchased 233 367 3,015 3,615 Home equity: In-house originated 29 18 — 47 Multifamily real estate secured: In-house originated 243 — 791 1,034 Commercial real estate secured: Purchased — 372 — 372 Auto and RV secured 346 164 58 568 Total $ 4,008 $ 921 $ 17,395 $ 22,324 As a % of total gross loans 0.07 % 0.02 % 0.30 % 0.39 % June 30, 2015 (Dollars in thousands) 30-59 Days Past Due 60-89 Days Past Due 90+ Days Past Due Total Single family real estate secured: Mortgage In-house originated $ 1,275 $ 2,876 $ 11,450 $ 15,601 Purchased 472 — 3,371 3,843 Home equity In-house originated 130 — — 130 Multifamily real estate secured In-house originated 244 — 791 1,035 Purchased — — 321 321 Commercial real estate secured Purchased 782 — 382 1,164 Auto and RV secured In-house originated 271 125 67 463 Total $ 3,174 $ 3,001 $ 16,382 $ 22,557 As a % of total gross loans 0.06 % 0.06 % 0.33 % 0.45 %

EQUITY AND STOCK-BASED COMPENSA

EQUITY AND STOCK-BASED COMPENSATION	6 Months Ended
EQUITY AND STOCK-BASED COMPENSATION	Dec. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
EQUITY AND STOCK-BASED COMPENSATION	STOCK-BASED COMPENSATION On October 22, 2015, the stockholders of the Company approved and in November 2015 the Company’s Board of Directors adopted an amendment to the Company’s certificate of incorporation (the “Amendment”) to increase the number of authorized shares of common stock available for issuance from 50,000,000 to 150,000,000 shares. The purpose for the Amendment was to accommodate a forward stock split through a stock dividend whereby each share of common stock would effectively be split into four shares of common stock (the “Stock Split”). On October 26, 2015, the Board of Directors approved the Stock Split. The Company issued a dividend of three shares of common stock for every one share issued and outstanding as of November 6, 2015. The dividend was paid on November 17, 2015, and BOFI common stock began trading on a split-adjusted basis on November 18, 2015. Common stock share, per-share, option and restricted stock unit amounts for all comparative periods provided have been retroactively adjusted to reflect the effects of the Stock Split. The Company has two equity incentive plans, the 2014 Stock Incentive Plan (“2014 Plan”) and the 2004 Stock Incentive Plan (“2004 Plan” and collectively, the “Plans”), which provide for the granting of non-qualified and incentive stock options, restricted stock and restricted stock units, stock appreciation rights and other awards to employees, directors and consultants. The Plans are designed to encourage selected employees and directors to improve operations and increase profits, and to accept or continue employment or association with the Company through participation in the growth in the value of the common stock. The Plans require that option exercise prices be not less than fair market value per share of common stock on the option grant date for incentive and non-qualified options. The options issued under the Plans generally vest in between three and five years. Option expiration dates are established by the Plans’ administrator but may not be later than 10 years after the date of the grant. 2004 Stock Incentive Plan . In October 2004, the Company’s Board of Directors and the stockholders approved the 2004 Plan. In November 2007, the 2004 Plan was amended and approved by the Company’s stockholders. The maximum number of shares of common stock available for issuance under the 2004 Plan is 14.8% of the Company’s outstanding common stock measured from time to time. In addition, the number of shares of the Company’s common stock reserved for issuance will also automatically increase by an additional 1.5% on the first day of each of four fiscal years starting July 1, 2007. With the stockholders approving the 2014 Plan in October 2014, no further awards will be made under the 2004 Plan and the 2004 Plan will remain in effect only so long as awards made thereunder remain outstanding. 2014 Stock Incentive Plan . In September and October 2014, the Company’s Board of Directors and stockholders approved the 2014 Plan, respectively. The maximum number of shares of common stock available for issuance under the 2014 Plan is 3,680,000 . Stock Options . At December 31, 2015 and at June 30, 2015 , all expense related to stock option grants has been fully recognized. A summary of stock option activity under the Plans during the periods indicated is presented below: Number of Shares Weighted-Average Exercise Price Per Share Outstanding—June 30, 2014 427,800 $ 2.18 Granted — — Exercised (345,400 ) 2.26 Canceled — — Outstanding—June 30, 2015 82,400 $ 1.84 Granted — — Exercised (80,000 ) 1.84 Canceled — — Outstanding—December 31, 2015 2,400 $ 1.84 Options exercisable—June 30, 2014 427,800 $ 2.18 Options exercisable—June 30, 2015 82,400 $ 1.84 Options exercisable—December 31, 2015 2,400 $ 1.84 The following table summarizes information on currently outstanding and exercisable options: As of December 31, 2015 Options Outstanding Options Exercisable Exercise Prices Number Outstanding Weighted-Average Remaining Contractual Life (Years) Number Exercisable Weighted- Average Exercise Price $ 1.84 2,400 0.57 2,400 $ 0.57 The aggregate intrinsic value of options outstanding and options exercisable under the Plans at December 31, 2015 was $46 and $46 , respectively. Restricted Stock and Restricted Stock Units . Employees and directors are eligible to receive grants of restricted stock and restricted stock units. The Company determines stock-based compensation expense using the fair value method. The fair value of restricted stock and restricted stock units is equal to the closing sale price of the Company’s common stock on the date of grant. During the six months ended December 31, 2015 and 2014 , the Company granted 614,721 and 630,424 restricted stock units, to employees and directors, respectively. Restricted stock unit awards (“RSUs”) granted during these quarters vest over three years, one-third on each anniversary date, except for any RSUs granted to our CEO, which vest one-fourth on each fiscal year end. The Company’s income before income taxes and net income for the three months ended December 31, 2015 and December 31, 2014 included stock award expense of $2,858 and $1,696 , with total income tax benefit of $1,201 and $ 700 , respectively. For the six months ended December 31, 2015 and December 31, 2014 stock award expense was $5,116 and $3,015 , with total income tax benefit of $2,137 and $1,239 , respectively. The Company recognizes compensation expense based upon the grant-date fair value divided by the vesting and the service period between each vesting date. At December 31, 2015 , unrecognized compensation expense related to non-vested awards aggregated to $27,995 and is expected to be recognized in future periods as follows: (Dollars in thousands) Stock Award Compensation Expense For the fiscal year remainder: 2016 $ 6,352 2017 10,983 2018 7,745 2019 2,915 Total $ 27,995 The following table presents the status and changes in restricted stock unit grants for the periods indicated: Restricted Stock Unit Shares Weighted-Average Grant-Date Fair Value Non-vested balance at June 30, 2014 945,756 $ 10.29 Granted 775,836 19.99 Vested (519,400 ) 10.11 Canceled (67,104 ) 14.13 Non-vested balance at June 30, 2015 1,135,088 $ 17.01 Granted 614,721 26.62 Vested (253,727 ) 13.71 Canceled (39,419 ) 19.72 Non-vested balance at December 31, 2015 1,456,663 $ 21.38 The total fair value of shares vested for the three and six months ended December 31, 2015 was $1,655 and $7,147 . The total fair value of shares vested for the three and six months ended December 31, 2014 was $1,395 and $4,935 .

EARNINGS PER SHARE ("EPS")

EARNINGS PER SHARE ("EPS")	6 Months Ended
EARNINGS PER SHARE ("EPS")	Dec. 31, 2015
Earnings Per Share [Abstract]
EARNINGS PER SHARE (EPS)	EARNINGS PER SHARE (“EPS”) Basic EPS excludes dilution and is computed by dividing net income or loss available to common shareholders by the weighted average number of common shares outstanding for the period. Diluted EPS reflects the potential dilution that could occur if stock options or other contracts to issue common stock were exercised or converted to common stock that would then share in the Company’s earnings. The following table presents the calculation of basic and diluted EPS as adjusted to reflect the effects of the Stock Split: Three Months Ended Six Months Ended December 31, December 31, (Dollars in thousands, except per share data) 2015 2014 2015 2014 Earnings Per Common Share 1 Net income $ 28,149 $ 19,372 $ 53,650 $ 37,213 Preferred stock dividends (78 ) (78 ) (155 ) (155 ) Net income attributable to common shareholders $ 28,071 $ 19,294 $ 53,495 $ 37,058 Average common shares issued and outstanding 62,999,335 59,566,176 62,741,596 58,805,820 Average unvested RSU shares 1,431,998 1,253,072 1,309,243 1,177,356 Total qualifying shares 64,431,333 60,819,248 64,050,839 59,983,176 Earnings per common share $ 0.44 $ 0.32 $ 0.84 $ 0.62 Diluted Earnings Per Common Share 1 Net income attributable to common shareholders $ 28,071 $ 19,294 $ 53,495 $ 37,058 Dilutive net income attributable to common shareholders $ 28,071 $ 19,294 $ 53,495 $ 37,058 Average common shares issued and outstanding 64,431,333 60,819,248 64,050,839 59,983,176 Dilutive effect of stock options 1,323 235,020 10,982 235,216 Total dilutive common shares issued and outstanding 64,432,656 61,054,268 64,061,821 60,218,392 Diluted earnings per common share $ 0.44 $ 0.32 $ 0.84 $ 0.62 1. Share and per share amounts have been retroactively restated for all prior periods presented to reflect the four-for-one forward split of the Company’s common stock effected in the form of a stock dividend that was distributed on November 17, 2015

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	6 Months Ended
COMMITMENTS AND CONTINGENCIES	Dec. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	COMMITMENTS AND CONTINGENCIES Credit-Related Financial Instruments . The Company is a party to credit-related financial instruments with off-balance-sheet risk in the normal course of business to meet the financing needs of its customers. These financial instruments are commitments to extend credit. Such commitments involve, to varying degrees, elements of credit and interest rate risk in excess of the amount recognized in the consolidated balance sheets. The Company’s exposure to credit loss is represented by the contractual amount of these commitments. The Company follows the same credit policies in making commitments as it does for on-balance-sheet instruments. At December 31, 2015 , the Company had commitments to originate $62,647 in fixed rate loans and $162,288 in variable rate loans, totaling an aggregate outstanding principal balance of $224,935 . Our fixed rate loan commitments to originate had rates ranging from 3.00% to 8.06% . At December 31, 2015 , the Company also had commitments to sell $60,304 in fixed rate loans and $2,498 in variable rate loans, totaling an aggregate outstanding principal balance of $62,802 . Commitments to extend credit are agreements to lend to a customer so long as there is no violation of any condition established in the contract. Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. The commitments for equity lines of credit may expire without being drawn upon. Therefore, the total commitment amounts do not necessarily represent future cash requirements. The amount of collateral obtained, if it is deemed necessary by the Company, is based on management’s credit evaluation of the customer. Litigation. On October 15, 2015, a complaint (the “Golden Complaint”) was filed against the Company, its Chief Executive Officer and its Chief Financial Officer under the case name Golden v. BofI Holding, Inc., et al, in the United States District Court, Southern District of California, on behalf of the named plaintiff and a putative, but as yet uncertified, class. On November 3, 2015, a second complaint (the “Hazan Complaint”) was filed against the Company, its Chief Executive Officer and its Chief Financial Officer under the case name Hazan v. BofI Holding, Inc., et al , also in the United States District Court, Southern District of California, and also on behalf of the named plaintiff and a putative, but as yet uncertified, class (the Golden Complaint and the Hazan Complaint, collectively, the “Class Action Complaints”) The Class Action Complaints allege that the defendants violated Section 10(b) and 20(a) of the Securities and Exchange Act of 1934 and Rule 10b-5 thereunder, based upon allegations made in a complaint in a wrongful termination of employment lawsuit (the “Employment Matter”) filed against BofI Federal Bank, a wholly-owned subsidiary of the Company, by a former employee. The Company disputes the allegations advanced by the plaintiff in the Employment Matter, as well as the plaintiff’s perception of the underlying factual circumstances, and is vigorously defending that lawsuit. The Class Action Complaints seek monetary damages and other relief on behalf of all class members. The Company and the other named defendants dispute the allegations raised in the Class Action Complaints and are vigorously defending these lawsuits. In December, 2015, two separate shareholder derivative actions were filed, purportedly on behalf of the Company. The first action, Calcaterra v. Garrabrants, et al , was filed in the United States District Court for the Southern District of California on December 3, 2015. The second action, Dow v. Micheletti, et al , was filed in the San Diego County Superior Court on December 16, 2015. An additional action, DeYoung v. Garrabrants, et al , was filed in the United States District Court for the Southern District of California on January 22, 2016. Each of these three actions names the Company as a nominal defendant, and certain of its officers and directors as defendants. Each complaint sets forth allegations of breaches of their fiduciary duties, gross mismanagement, abuse of control, and unjust enrichment against the defendant officers and directors. The plaintiffs seek damages in unspecified amounts on the Company’s behalf from the officer and director defendants, certain corporate governance actions, and an award of their costs and attorney’s fees. The Defendants dispute these allegations and intend to vigorously defend these actions.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	6 Months Ended
RELATED PARTY TRANSACTIONS	Dec. 31, 2015
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	RELATED PARTY TRANSACTIONS In the ordinary course of business, the Company has granted related party loans collateralized by real property to officers, directors and their affiliates that are considered to be insiders by regulation. There were no new related party loans granted under the provisions of the employee loan program and no refinances of existing loans during the six months ended December 31, 2015 , and no new loans and no refinances of existing loans during the six months ended December 31, 2014 .

SIGNIFICANT ACCOUNTING POLICI18

SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
SIGNIFICANT ACCOUNTING POLICIES (Policies)	Dec. 31, 2015
Accounting Policies [Abstract]
Securities	Securities . Debt securities are classified as held-to-maturity and carried at amortized cost when management has both the positive intent and ability to hold them to maturity. Debt securities are classified as available-for-sale when they might be sold before maturity. Trading securities refer to certain types of assets that banks hold for resale at a profit or when the Company elects to account for certain securities at fair value. Increases or decreases in the fair value of trading securities are recognized in earnings as they occur. Securities available-for-sale are carried at fair value, with unrealized holding gains and losses reported in other comprehensive income, net of tax. Gains and losses on securities sales are based on a comparison of sales proceeds and the amortized cost of the security sold using the specific identification method. Purchases and sales are recognized on the trade date. Interest income includes amortization of purchase premiums or discounts. Premiums and discounts on securities are amortized or accreted using the level-yield method without anticipating prepayments, except for mortgage-backed securities where prepayments are anticipated. The Company’s portfolios of held-to-maturity and available-for-sale securities are reviewed quarterly for other-than-temporary impairment. In performing this review, management considers (1) the length of time and extent that fair value has been less than cost, (2) the financial condition and near term prospects of the issuer, (3) the impact of changes in market interest rates on the market value of the security and (4) how to record an impairment by assessing whether the Company intends to sell or it is more likely than not that it will be required to sell a security in an unrealized loss position before the Company recovers the security’s amortized cost. If either of these criteria for (4) is met, the entire difference between amortized cost and fair value is recognized in earnings. Alternatively, if the criteria for (4) is not met, the amount of impairment recognized in earnings is limited to the amount related to credit losses, while impairment related to other factors is recognized in other comprehensive income. The credit loss is defined as the difference between the present value of the cash flows expected to be collected and the amortized cost basis.
Loans	Loans . Loans that management has the intent and ability to hold for the foreseeable future or until maturity or payoff are reported at the principal balance outstanding, net of unearned interest, deferred purchase premiums and discounts, deferred loan origination fees and costs, and an allowance for loan losses. Interest income is accrued on the unpaid principal balance. Premiums and discounts on loans purchased as well as loan origination fees, net of certain direct origination costs, are deferred and recognized in interest income using the level-yield method. Recognition of interest income on all portfolio segments is generally discontinued at the time the loan is 90 days delinquent unless the loan is well secured and in process of collection. Past due status is based on the contractual terms of the loan. In all cases, loans are placed on nonaccrual or charged-off at an earlier date if collection of principal or interest is considered doubtful. All interest accrued but not received for loans placed on nonaccrual, is reversed against interest income. Interest received on such loans is accounted for on the cash-basis or cost recovery method, until qualifying for return to accrual. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured.
Loans Held for Sale	Loans Held for Sale. U.S government agency (“agency”) loans originated and intended for sale in the secondary market are carried at fair value. Net unrealized gains and losses are recognized through the income statement. The Bank sells its mortgage loans with either servicing released or servicing retained depending upon market pricing. Gains and losses on loan sales are recorded as mortgage banking income, based on the difference between sales proceeds and carrying value. Non-agency loans held for sale are carried at the lower of cost or fair value. Loans that were originated with the intent and ability to hold for the foreseeable future (loans held in portfolio) but which have been subsequently designated as being held for sale for risk management or liquidity needs are carried at the lower of cost or fair value calculated on an individual loan by loan basis. There may be times when loans have been classified as held for sale and for some reason cannot be sold. Loans transferred to a long-term-investment classification from held-for-sale are transferred at the lower of cost or market value on the transfer date. Any difference between the carrying amount of the loan and its outstanding principal balance is recognized as an adjustment to yield by the interest method. A loan cannot be classified as a long-term investment unless the Bank has both the ability and the intent to hold the loan for the foreseeable future or until maturity.
Allowance for Loan Losses	Allowance for Loan Losses. The allowance for loan losses is maintained at a level estimated to provide for probable incurred losses in the loan portfolio. Management determines the adequacy of the allowance based on reviews of individual loans and pools of loans, recent loss experience, current economic conditions, the risk characteristics of the various categories of loans and other pertinent factors. This evaluation is inherently subjective and requires estimates that are susceptible to significant revision as more information becomes available. The allowance is increased by the provision for loan losses, which is charged against current period operating results and recoveries of loans previously charged-off. The allowance is decreased by the amount of charge-offs of loans deemed uncollectible. Allocations of the allowance may be made for specific loans but the entire allowance is available for any loan that, in management’s judgment, should be charged off. See Note 5 of these financial statement footnotes and the financial statement footnotes for the year ended June 30, 2015 included in our Annual Report on Form 10-K for further information.
Fair Value Measurement	FAIR VALUE Fair value is defined as the price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. Accounting Standards Codification Topic 820, Fair Value Measurement , also establishes a fair value hierarchy which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The standard describes three levels of inputs that may be used to measure fair value: Level 1: Quoted prices in active markets for identical assets or liabilities in active markets that the entity has the ability to access as of the measurement date. Level 1 assets and liabilities include debt and equity securities that are actively traded in an exchange or over-the-counter market and are highly liquid, such as, among other assets and securities, certain U.S. treasury and other U.S. government debt. Level 2: Observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities. Level 2 assets include securities with quoted prices that are traded less frequently than exchange-traded instruments and whose value is determined using a pricing model with inputs that are observable in the market or can be derived principally from or corroborated by observable market data. Level 3: Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. Level 3 assets and liabilities include financial instruments whose value is determined using pricing models such as discounted cash flow methodologies, or similar techniques, as well as instruments for which the determination of fair value requires significant management judgment or estimation. When available, the Company generally uses quoted market prices to determine fair value, in which case the items are classified in Level 1. In some cases where a market price is available, the Company will make use of acceptable practical expedients (such as matrix pricing) to calculate fair value, in which case the items are classified in Level 2. The Company considers relevant and observable market prices in its valuations where possible. The frequency of transactions, the size of the bid-ask spread and the nature of the participants are some of the factors the Company uses to help determine whether a market is active and orderly or inactive and not orderly. Price quotes based upon transactions that are not orderly are not considered to be determinative of fair value and should be given little, if any, weight in measuring fair value. If quoted market prices are not available, fair value is based upon internally developed valuation techniques that use, where possible, current market-based or independently sourced market parameters, such as interest rates, credit spreads, housing value forecasts, etc. Items valued using such internally generated valuation techniques are classified according to the lowest level input or value driver that is significant to the valuation. Thus, an item may be classified in Level 3 even though there may be some significant inputs that are readily observable.
Fair Value of Financial Instruments	The following section describes the valuation methodologies used by the Company to measure various financial instruments at fair value, including an indication of the level in the fair value hierarchy in which each instrument is generally classified: Securities—trading. Trading securities are recorded at fair value. The trading portfolio consists of two different issues of floating-rate debt securities collateralized by pools of bank trust preferred securities. Recent liquidity and economic uncertainty have made the market for collateralized debt obligations less active or inactive. As quoted market prices are not available, the Level 3 fair values for these securities are determined by the Company utilizing industry-standard tools to calculate the net present value of the expected cash flows available to the securities from the underlying assets. The Company’s expected cash flows are calculated for each security and include the impact of actual and forecasted bank defaults within each collateral pool as well as structural features of the security’s tranche such as lock outs, subordination and overcollateralization. The forecast of underlying bank defaults in each pool is based upon a quarterly financial update including the trend in non-performing assets, the allowance for loan losses and the underlying bank’s capital ratios. Also a factor is the Company’s loan loss experience in the local economy in which the bank operates. At December 31, 2015 , the Company’s forecast of cash flows for both securities includes actual and forecasted defaults totaling 19.1% of all banks in the collateral pools, compared to 17.3% of the banks actually in default. The expected cash flows reflect the Company’s best estimate of all pool losses which are then applied to the overcollateralization reserve and the subordinated tranches to determine the cash flows. The Company selects a discount rate margin based upon the spread between U.S. Treasury rates and the market rates for active credit grades for financial companies. The discount margin when added to the U.S. Treasury rate determines the discount rate, reflecting primarily market liquidity and interest rate risk since expected credit loss is included in the cash flows. At December 31, 2015 , the Company used a weighted average discount margin of 500 basis points above U.S. Treasury rates to calculate the net present value of the expected cash flows and the fair value of its trading securities. The Level 3 fair values determined by the Company for its trading securities rely heavily on management’s assumptions as to the future credit performance of the collateral banks, the impact of the global and regional economic activity, the timing of forecasted defaults and the discount rate applied to cash flows. The fair value of the trading securities at December 31, 2015 is sensitive to an increase or decrease in the discount rate. An increase in the discount margin of 100 basis points would have reduced the total fair value of the trading securities and decreased net income before income tax by $786 . A decrease in the discount margin of 100 basis points would have increased the total fair value of the trading securities and increased net income before income tax by $906 . Securities—available-for-sale and held-to-maturity . Available-for-sale securities are recorded at fair value and consist of residential mortgage-backed securities (“RMBS”) issued by U.S. agencies, non-agencies, collateralized loan obligations, and municipals. Held-to-maturity securities are recorded at amortized cost and consist of RMBS issued by U.S. agencies, RMBS issued by non-agencies, and municipals. Fair value for U.S. agency securities is generally based on quoted market prices of similar securities used to form a dealer quote or a pricing matrix. There continues to be significant illiquidity in the market for RMBS issued by non-agencies, impacting the availability and reliability of transparent pricing. As orderly quoted market prices are not available, the Level 3 fair values for these securities are determined by the Company utilizing industry-standard tools to calculate the net present value of the expected cash flows available to the securities from the underlying mortgage assets. The Company computes Level 3 fair values for each non-agency RMBS in the same manner (as described below) whether available-for-sale or held-to-maturity. To determine the performance of the underlying mortgage loan pools, the Company estimates prepayments, defaults, and loss severities based on a number of macroeconomic factors, including housing price changes, unemployment rates, interest rates and borrower attributes such as credit score and loan documentation at the time of origination. For each security, the Company inputs a projection of monthly default rates, loss severity rates and voluntary prepayment rates for the underlying mortgages for the remaining life of each security to determine the expected cash flows. The projections of default rates are derived by the Company from the historic default rate observed in the pool of loans collateralizing the security, increased by and decreased by the forecasted increase or decrease in the national unemployment rate. The projections of loss severity rates are derived by the Company from the historic loss severity rate observed in the pool of loans, increased by (and decreased by) the forecasted decrease or increase in the national home price appreciation (“HPA”) index. The largest factors influencing the Company’s modeling of the monthly default rate are unemployment and HPA, as a strong correlation exists. The national unemployment rate announced prior to the end of the period covered by this report (reported for November 2015) was 5.0% , down from the high of 10.0% in October 2009. Consensus estimates for unemployment are that the rate will continue to decline. Going forward, the Company is projecting lower monthly default rates. The range of loss severity rates applied to each default used in the Company’s projections at December 31, 2015 are from 15.0% up to 66.6% based upon individual bond historical performance. The default rates and the severities are projected for every non-agency RMBS security held by the Company and will vary monthly based upon the actual performance of the security and the macroeconomic factors discussed above. To determine the discount rates used to compute the present value of the expected cash flows for these non-agency RMBS securities, the Company separates the securities by the borrower characteristics in the underlying pool. Specifically, “prime” securities generally have borrowers with higher FICO scores and better documentation of income. “Alt-A” securities generally have borrowers with a lower FICO and less documentation of income. “Pay-option ARMs” are Alt-A securities with borrowers that tend to pay the least amount of principal (or increase their loan balance through negative amortization). The Company calculates separate discount rates for prime, Alt-A and Pay-option ARM non-agency RMBS securities using market-participant assumptions for risk, capital and return on equity. The range of annual default rates used in the Company’s projections at December 31, 2015 are from 1.5% up to 20.0% with prime securities tending toward the lower end of the range and Alt-A and Pay-option ARMs tending toward the higher end of the range. The Company applies its discount rates to the projected monthly cash flows which already reflect the full impact of all forecasted losses using the assumptions described above. When calculating present value of the expected cash flows at December 31, 2015 , the Company computed its discount rates as a spread between 241 and 732 basis points over the interpolated swap curve with prime securities tending toward the lower end of the range and Alt-A and Pay-option ARMs tending toward the higher end of the range. Loans Held for Sale. Loans held for sale at fair value are primarily single-family and multifamily residential loans. The fair value of residential loans held for sale is determined by pricing for comparable assets or by existing forward sales commitment prices with investors. Impaired Loans. Impaired loans are loans which are inadequately protected by the current net worth and paying capacity of the borrowers or the collateral pledged. The accrual of interest income has been discontinued for impaired loans. The impaired loans are characterized by the distinct possibility that the Bank will sustain some loss if the deficiencies are not corrected. The Company assesses loans individually and identifies impairment when the loan is classified as impaired, has been restructured, or management has serious doubts about the future collectibility of principal and interest, even though the loans may currently be performing. The fair value of an impaired loan is determined based on an observable market price or current appraised value of the underlying collateral. The fair value of impaired loans with specific write-offs or allocations of the allowance for loan losses are generally based on recent real estate appraisals or internal valuation analyses consistent with the methodology used in real estate appraisals and include other third-party valuations and analysis of cash flows. These appraisals and analyses are updated at least on an annual basis. The Company primarily obtains real estate appraisals and in the rare cases where an appraisal cannot be obtained, the Company performs an internal valuation analysis. These appraisals and analyses may utilize a single valuation approach or a combination of approaches including comparable sales and income approaches. The sales comparison approach uses at least three recent similar property sales to help determine the fair value of the property being appraised. The income approach is calculated by taking the net operating income generated by the collateral property of the rent collected and dividing it by an assumed capitalization rate. Adjustments are routinely made in the process by the appraisers to account for differences between the comparable sales and income data available. When measuring the fair value of the impaired loan based upon the projected sale of the underlying collateral, the Company subtracts the costs expected to be incurred for the transfer of the underlying collateral, which includes items such as sales commissions, delinquent taxes and insurance premiums. These adjustments to the estimated fair value of non-performing loans may result in increases or decreases to the provision for loan losses recorded in current earnings. Such adjustments are typically significant and result in a Level 3 classification for the inputs for determining fair value. Other Real Estate Owned and Repossessed Vehicles . Non-recurring adjustments to certain commercial and residential real estate properties classified as other real estate owned (“OREO”) are measured at the lower of carrying amount or fair value, less estimated costs to sell. Fair values are generally based on third-party appraisals of the property, resulting in a Level 3 classification. In cases where the carrying amount exceeds the fair value, less costs to sell, an impairment loss is recognized. Mortgage Servicing Rights. The Company initially records all mortgage servicing rights (“MSRs”) at fair value and accounts for MSRs at fair value during the life of the MSR, with changes in fair value recorded through current period earnings. Fair value adjustments encompass market-driven valuation changes as well as modeled amortization involving the run-off of value that occurs due to the passage of time as individual loans are paid by borrowers. Market expectations about loan duration, and correspondingly the expected term of future servicing cash flows, may vary from time to time due to changes in expected prepayment activity, especially when interest rates rise or fall. Market expectations of increased loan prepayment speeds may negatively impact the fair value of the single family MSRs. Fair value is also dependent on the discount rate used in calculating present value, which is imputed from observable market activity and market participants and results in Level 3 classification. Management reviews and adjusts the discount rate on an ongoing basis. An increase in the discount rate would reduce the estimated fair value of the MSRs asset. Mortgage Banking Derivatives. Fair value for mortgage banking derivatives are either based upon prices in active secondary markets for identical securities or based on quoted market prices of similar assets used to form a dealer quote or a pricing matrix. If no such quoted price exists, the fair value of a commitment is determined by quoted prices for a similar commitment or commitments, adjusted for the specific attributes of each commitment. These fair values are then adjusted for items such as fallout and estimated costs to originate the loan. The Company’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 Company’s valuation methodologies are appropriate and consistent with or, in some cases, more conservative than 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 relevant reporting date.
Credit Quality Indicators	Credit Quality Indicators The Company categorizes loans into risk categories based on relevant information about the ability of borrowers to service their debt such as: current financial information, historical payment experience, credit documentation, public information and current economic trends, among other factors. The Company analyzes loans individually by classifying the loans based on credit risk. The Company uses the following definitions for risk ratings. Pass. Loans classified as pass are well protected by the current net worth and paying capacity of the obligor or by the fair value, less cost to acquire and sell, of any underlying collateral in a timely manner. Special Mention . Loans classified as special mention have a potential weakness that deserves management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the loan or of the institution’s credit position at some future date. Substandard . Loans classified as substandard are inadequately protected by the current net worth and paying capacity of the obligor or of the collateral pledged, if any. Loans so classified have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that the institution will sustain some loss if the deficiencies are not corrected. Doubtful . Loans classified as doubtful have all the weaknesses inherent in those classified as substandard, with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions, and values, highly questionable and improbable. The Company reviews and grades loans following a continuous loan review process, featuring coverage of all loan types and business lines at least quarterly. Continuous reviewing provides more effective risk monitoring because it immediately tests for potential impacts caused by changes in personnel, policy, products or underwriting standards.

FAIR VALUE (Tables)

FAIR VALUE (Tables)	6 Months Ended
FAIR VALUE (Tables)	Dec. 31, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets and Liabilities are Classified in their Entirety Based on the Lowest Level of Input that is Significant to the Fair Value Measurement	The following table sets forth the Company’s financial assets and liabilities measured at fair value on a recurring basis at December 31, 2015 and June 30, 2015 . Assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement: December 31, 2015 (Dollars in thousands) Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Total ASSETS: Securities—Trading: Collateralized Debt Obligations $ — $ — $ 7,706 $ 7,706 Securities—Available-for-Sale: Agency RMBS $ — $ 35,114 $ — $ 35,114 Non-Agency RMBS — — 21,136 21,136 Municipal — 31,013 — 31,013 Other Debt Securities — 141,126 — 141,126 Total—Securities—Available-for-Sale $ — $ 207,253 $ 21,136 $ 228,389 Loans Held for Sale $ — $ 24,730 $ — $ 24,730 Mortgage Servicing Rights $ — $ — $ 3,475 $ 3,475 Other assets – Derivative Instruments $ — $ — $ 1,062 $ 1,062 LIABILITIES: Other liabilities – Derivative Instruments $ — $ — $ 31 $ 31 June 30, 2015 (Dollars in thousands) Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Total ASSETS: Securities—Trading: Collateralized Debt Obligations $ — $ — $ 7,832 $ 7,832 Securities—Available-for-Sale: Agency RMBS $ — $ 43,491 $ — $ 43,491 Non-Agency RMBS — — 26,633 26,633 Municipal — 22,035 — 22,035 Other Debt Securities — 71,202 — 71,202 Total—Securities—Available-for-Sale $ — $ 136,728 $ 26,633 $ 163,361 Loans Held for Sale $ — $ 25,430 $ — $ 25,430 Mortgage Servicing Rights $ — $ — $ 2,098 $ 2,098 Other assets – Derivative Instruments $ — $ — $ 2,261 $ 2,261 LIABILITIES: Other liabilities – Derivative Instruments $ — $ — $ — $ —
Additional Information About Assets Measured at Fair Value on a Recurring Basis and for which the Company has Utilized Level 3 Inputs to Determine Fair Value	The following tables present additional information about assets measured at fair value on a recurring basis and for which the Company has utilized Level 3 inputs to determine fair value: For the Three Months Ended December 31, 2015 (Dollars in thousands) Securities – Trading: Collateralized Debt Obligations Securities – Available-for-Sale: Non-Agency RMBS Mortgage Servicing Rights Derivative Instruments, net Total Opening balance $ 7,902 $ 24,993 $ 2,687 $ 1,018 $ 36,600 Transfers into Level 3 — — — — — Transfers out of Level 3 — — — — — Total gains or losses for the period: Included in earnings—Sale of mortgage-backed securities — (680 ) — — (680 ) Included in earnings—Fair value gain (loss) on trading securities (196 ) — — — (196 ) Included in earnings—Mortgage banking income — — 95 13 108 Included in other comprehensive income — (715 ) — — (715 ) Purchases, originations, issues, sales and settlements: Purchases/originations — — 693 — 693 Issues — — — — — Sales — (2,089 ) — — (2,089 ) Settlements — (369 ) — — (369 ) Other-than-temporary impairment — (4 ) — — (4 ) Closing balance $ 7,706 $ 21,136 $ 3,475 $ 1,031 $ 33,348 Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period $ (196 ) $ (680 ) $ 95 $ 13 $ (768 ) For the Six Months Ended December 31, 2015 (Dollars in thousands) Securities – Trading: Collateralized Debt Obligations Securities – Available-for-Sale: Non-Agency RMBS Mortgage Servicing Rights Derivative Instruments, net Total Opening Balance $ 7,832 $ 26,633 $ 2,098 $ 2,261 $ 38,824 Transfers into Level 3 — — — — — Transfers out of Level 3 — — — — — Total gains or losses for the period: Included in earnings—Sale of mortgage-backed securities — (680 ) — — (680 ) Included in earnings—Fair value gain (loss) on trading securities (126 ) — — — (126 ) Included in earnings—Mortgage banking income — — (51 ) (1,230 ) (1,281 ) Included in other comprehensive income — (961 ) — — (961 ) Purchases, originations, issues, sales and settlements: Purchases/originations — — 1,428 — 1,428 Issues — — — — — Sales — (2,089 ) — — (2,089 ) Settlements — (1,728 ) — — (1,728 ) Other-than-temporary impairment — (39 ) — — (39 ) Closing balance $ 7,706 $ 21,136 $ 3,475 $ 1,031 $ 33,348 Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period $ (126 ) $ (680 ) $ (51 ) $ (1,230 ) $ (2,087 ) For the Three Months Ended December 31, 2014 (Dollars in thousands) Securities – Trading: Collateralized Debt Obligations Securities – Available-for-Sale: Non-Agency RMBS Mortgage Servicing Rights Derivative Instruments, net Total Opening balance $ 8,187 $ 34,171 $ 749 $ 943 $ 44,050 Transfers into Level 3 — — — — — Transfers out of Level 3 — — — — — Total gains or losses for the period: Included in earnings—Sale of mortgage-backed securities — — — — — Included in earnings—Fair value gain on trading securities (325 ) — — — (325 ) Included in earnings—Mortgage banking income — — (38 ) (284 ) (322 ) Included in other comprehensive income — (981 ) — — (981 ) Purchases, originations, issues, sales and settlements: Purchases/originations — — 326 — 326 Issues — — — — — Sales — — — — — Settlements — (1,099 ) — — (1,099 ) Other-than-temporary impairment — (165 ) — — (165 ) Closing balance $ 7,862 $ 31,926 $ 1,037 $ 659 $ 41,484 Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period $ (325 ) $ — $ (38 ) $ (284 ) $ (647 ) For the Six Months Ended December 31, 2014 (Dollars in thousands) Securities – Trading: Collateralized Debt Obligations Securities – Available-for-Sale: Non-Agency RMBS Mortgage Servicing Rights Derivative Instruments, net Total Opening Balance $ 8,066 $ 37,409 $ 562 $ 875 $ 46,912 Transfers into Level 3 — — — — — Transfers out of Level 3 — — — — — Total gains or losses for the period: Included in earnings—Sale of mortgage-backed securities — — — — — Included in earnings—Fair value gain (loss) on trading securities (204 ) — — — (204 ) Included in earnings—Mortgage banking income — — (35 ) (216 ) (251 ) Included in other comprehensive income — (1,119 ) — — (1,119 ) Purchases, originations, issues, sales and settlements: Purchases/originations — — 510 — 510 Issues — — — — — Sales — — — — — Settlements — (4,150 ) — — (4,150 ) Other-than-temporary impairment — (214 ) — — (214 ) Closing balance $ 7,862 $ 31,926 $ 1,037 $ 659 $ 41,484 Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period $ (204 ) $ — $ (35 ) $ (216 ) $ (455 )
Changes in Unrealized Gains and Losses and Interest Income Recorded in Earnings for Level 3 Trading Assets and Liabilities	The table below summarizes changes in unrealized gains and losses and interest income recorded in earnings for level 3 trading assets and liabilities that are still held at the periods indicated: For the Three Months Ended For the Six Months Ended December 31, December 31, (Dollars in thousands) 2015 2014 2015 2014 Interest income on investments $ 60 $ 56 $ 117 $ 112 Fair value adjustment (195 ) (324 ) (126 ) (203 ) Total $ (135 ) $ (268 ) $ (9 ) $ (91 )
Fair Value Assets Measured on Nonrecurring Basis	The table below summarizes assets measured for impairment on a non-recurring basis: December 31, 2015 (Dollars in thousands) Quoted Prices in Significant Other Significant Balance Impaired Loans: Single family real estate secured: Mortgage $ — $ — $ 21,168 $ 21,168 Home equity — — 7 7 Multifamily real estate secured — — 4,845 4,845 Commercial real estate secured — — 372 372 Auto and RV secured — — 300 300 Total $ — $ — $ 26,692 $ 26,692 Other real estate owned and foreclosed assets: Single family real estate secured $ — $ — $ 75 $ 75 Multifamily real estate secured — — 321 321 Auto and RV secured — — 26 26 Total $ — $ — $ 422 $ 422 HTM Securities – Non-Agency RMBS $ — $ — $ 84,552 $ 84,552 June 30, 2015 (Dollars in thousands) Quoted Prices in Significant Other Significant Balance Impaired Loans: Single family real estate secured: Mortgage $ — $ — $ 23,059 $ 23,059 Home equity — — 9 9 Multifamily real estate secured — — 5,399 5,399 Commercial real estate secured — — 2,128 2,128 Auto and RV secured — — 453 453 Total $ — $ — $ 31,048 $ 31,048 Other real estate owned and foreclosed assets: Single family real estate secured $ — $ — $ 463 $ 463 Multifamily real estate secured — — 762 762 Auto and RV secured — — 15 15 Total $ — $ — $ 1,240 $ 1,240 HTM Securities – Non-Agency RMBS $ — $ — $ 88,094 $ 88,094
Aggregate Fair Value, Contractual Balance, and Gains	As of December 31, 2015 and June 30, 2015 , the aggregate fair value, contractual balance (including accrued interest), and unrealized gain was as follows: (Dollars in thousands) December 31, 2015 June 30, 2015 Aggregate fair value $ 24,730 $ 25,430 Contractual balance 24,239 24,886 Unrealized gain $ 491 $ 544 The total amount of unrealized gains and losses from changes in fair value included in earnings for the period indicated below for loans held for sale were: For the Three Months Ended For the Six Months Ended December 31, December 31, (Dollars in thousands) 2015 2014 2015 2014 Interest income $ 161 $ 149 $ 433 $ 303 Change in fair value (286 ) (152 ) (1,292 ) (130 ) Total $ (125 ) $ (3 ) $ (859 ) $ 173
Carrying Amounts and Estimated Fair Values of Financial Instruments at Period-end	The carrying amounts and estimated fair values of financial instruments at December 31, 2015 and June 30, 2015 were as follows: December 31, 2015 Fair Value (Dollars in thousands) Carrying Level 1 Level 2 Level 3 Total Fair Value Financial assets: Cash and cash equivalents $ 284,431 $ 284,431 $ — $ — $ 284,431 Securities trading 7,706 — — 7,706 7,706 Securities available-for-sale 228,389 — 207,253 21,136 228,389 Securities held-to-maturity 215,963 — 80,319 135,240 215,559 Loans held for sale, at fair value 24,730 — 24,730 — 24,730 Loans held for sale, at lower of cost or fair value 65,429 — — 66,342 66,342 Loans held for investment—net 5,645,272 — — 5,808,598 5,808,598 Accrued interest receivable 19,060 — — 19,060 19,060 Mortgage servicing rights 3,475 — — 3,475 3,475 Financial liabilities: Time deposits and savings 5,199,966 — 4,946,555 — 4,946,555 Securities sold under agreements to repurchase 35,000 — 36,823 — 36,823 Advances from the Federal Home Loan Bank 758,000 — 763,247 — 763,247 Subordinated debentures 5,155 — 5,155 — 5,155 Accrued interest payable 1,262 — 1,262 — 1,262 June 30, 2015 Fair Value (Dollars in thousands) Carrying Level 1 Level 2 Level 3 Total Fair Value Financial assets: Cash and cash equivalents $ 222,874 $ 222,874 $ — $ — $ 222,874 Securities trading 7,832 — — 7,832 7,832 Securities available-for-sale 163,361 — 136,728 26,633 163,361 Securities held-to-maturity 225,555 — 83,441 144,882 228,323 Loans held for sale, at fair value 25,430 — 25,430 — 25,430 Loans held for sale, at lower of cost or fair value 77,891 — — 77,932 77,932 Loans held for investment—net 4,928,618 — — 5,011,596 5,011,596 Accrued interest receivable 20,268 — — 20,268 20,268 Mortgage servicing rights 2,098 — — 2,098 2,098 Financial liabilities: Time deposits and savings 4,451,917 — 4,385,034 — 4,385,034 Securities sold under agreements to repurchase 35,000 — 37,489 — 37,489 Advances from the Federal Home Loan Bank 753,000 — 757,265 — 757,265 Subordinated debentures 5,155 — 5,155 — 5,155 Accrued interest payable 1,266 — 1,266 — 1,266
Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Quantitative Information About Level 3 Fair Value Measurements	The table below summarizes the quantitative information about level 3 fair value measurements at the periods indicated: December 31, 2015 (Dollars in thousands) Fair Value Valuation Technique Unobservable Input Range (Weighted Average) Securities – Trading: Collateralized Debt Obligations $ 7,706 Discounted Cash Flow Total Projected Defaults, Discount Rate over Treasury 17.1 to 21.1% (19.1%) 5.0 to 5.0% (5.0%) Securities – Available-for-Sale: Non-agency RMBS $ 21,136 Discounted Cash Flow Projected Constant Prepayment Rate, 8.6 to 25.8% (14.7%) Mortgage Servicing Rights $ 3,475 Discounted Cash Flow Projected Constant Prepayment Rate, 5.1 to 13.9% (8.1%) Derivative Instruments, net $ 1,031 Sales Comparison Approach Projected Sales Profit of Underlying Loans 0.3 to 0.5% (0.4%) June 30, 2015 (Dollars in thousands) Fair Value Valuation Technique Unobservable Input Range (Weighted Average) Securities – Trading: $ 7,832 Discounted Cash Flow Total Projected Defaults, 18.8 to 29.8% (24.6%) Securities – Available-for-Sale: $ 26,633 Discounted Cash Flow Projected Constant Prepayment Rate, 6.3 to 29.5% (13.0%) Mortgage Servicing Rights $ 2,098 Discounted Cash Flow Projected Constant Prepayment Rate, 4.4 to 19.2% (7.7%) Derivative Instruments, net $ 2,261 Sales Comparison Approach Projected Sales Profit of Underlying Loans 0.5 to 1.3% (0.8%)
Nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Quantitative Information About Level 3 Fair Value Measurements	The following table presents quantitative information about level 3 fair value measurements for financial instruments measured at fair value on a non-recurring basis at the periods indicated: December 31, 2015 (Dollars in thousands) Fair Value Valuation Technique(s) Unobservable Input Range (Weighted Average) 1 Impaired loans: Single family real estate secured: Mortgage $ 21,168 Sales comparison approach Adjustment for differences between the comparable sales -40.6 to 71.1% (18.1%) Home equity $ 7 Sales comparison approach Adjustment for differences between the comparable sales -9.7 to 5.5% (-2.1%) Multifamily real estate secured $ 4,845 Sales comparison approach, income approach, Discounted cash flows Adjustment for differences between the comparable sales and adjustments for differences in net operating income expectations -39.5 to 41.8% (-5.8%) Commercial real estate secured $ 372 Sales comparison approach and income approach Adjustment for differences between the comparable sales and adjustments for differences in net operating income expectations -33.0 to -10.7% (-21.9%) Auto and RV secured $ 300 Sales comparison approach Adjustment for differences between the comparable sales 0.0 to 24.7% (10.3%) Other real estate owned: Single family real estate secured $ 75 Sales comparison approach Adjustment for differences between the comparable sales -2.2 to 11.2% (4.5%) Multifamily real estate secured $ 321 Sales comparison approach and income approach Adjustment for differences between the comparable sales and adjustments for differences in net operating income expectations, Capitalization rate -36.2 to 4.3% (-20.2%) Auto and RV secured $ 26 Sales comparison approach Adjustment for differences between the comparable sales 0.0 to 20.5% (10.3%) HTM Securities – Non-Agency RMBS $ 84,552 Discounted cash flow Constant prepayment rate, constant default rate, loss severity, discount rate over LIBOR 2.5 to 23.9% (10.5%) June 30, 2015 (Dollars in thousands) Fair Value Valuation Technique(s) Unobservable Input Range (Weighted Average) 1 Impaired loans: Single family real estate secured: Mortgage $ 23,059 Sales comparison approach Adjustment for differences between the comparable sales -52.5 to 53.7% (3.9%) Home equity $ 9 Sales comparison approach Adjustment for differences between the comparable sales -9.7 to 5.5% (-2.1%) Multifamily real estate secured $ 5,399 Sales comparison approach and income approach Adjustment for differences between the comparable sales and adjustments for differences in net operating income expectations -73.4 to 80.6% (-8.3%) Commercial real estate secured $ 2,128 Sales comparison approach and income approach Adjustment for differences between the comparable sales and adjustments for differences in net operating income expectations -66.5 to 81.1% (-10.3%) Auto and RV secured $ 453 Sales comparison approach Adjustment for differences between the comparable sales 0.0 to 66.2% (10.8%) Other real estate owned: Single family real estate secured $ 463 Sales comparison approach Adjustment for differences between the comparable sales -20.3 to 12.1% (-4.1%) Multifamily real estate secured $ 762 Sales comparison approach and income approach Adjustment for differences between the comparable sales and adjustments for differences in net operating income expectations -37.1 to 48.6% (5.7%) Auto and RV secured $ 15 Sales comparison approach Adjustment for differences between the comparable sales 0.0 to 20.7% (10.3%) HTM Securities – Non-Agency RMBS $ 88,094 Discounted cash flow Constant prepayment rate, constant default rate, loss severity, discount rate over LIBOR 5.0 to 43.8% (10.5%) 1.5 to 14.6% (6.7%) 15.0 to 65.5% (54.4%) 3.0 to 6.9% (5.8%) _____________________ 1 For impaired loans and other real estate owned the ranges shown may vary positively or negatively based on the comparable sales reported in the current appraisal. In certain instances, the range can be significant due to small sample sizes and in some cases the property being valued having limited comparable sales with similar characteristics at the time the current appraisal is conducted.

SECURITIES (Tables)

SECURITIES (Tables)	6 Months Ended
SECURITIES (Tables)	Dec. 31, 2015
Investments, Debt and Equity Securities [Abstract]
Marketable Securities	The amortized cost, carrying amount and fair value for the major categories of securities: trading, available-for-sale, and held-to-maturity at December 31, 2015 and June 30, 2015 were: December 31, 2015 Trading Available-for-sale Held-to-maturity (Dollars in thousands) Fair Value Amortized Cost Unrealized Gains Unrealized Losses Fair Value Carrying Amount Unrecognized Gains Unrecognized Losses Fair Value Mortgage-backed securities (RMBS): U.S. agencies 1 $ — $ 35,565 $ 334 $ (785 ) $ 35,114 $ 39,118 $ 752 $ (1 ) $ 39,869 Non-agency 2 — 19,275 1,861 — 21,136 140,908 7,560 (13,228 ) 135,240 Total mortgage-backed securities — 54,840 2,195 (785 ) 56,250 180,026 8,312 (13,229 ) 175,109 Other debt securities: Municipal — 30,877 222 (86 ) 31,013 35,937 4,513 — 40,450 Non-agency 3 7,706 141,056 912 (842 ) 141,126 — — — — Total other debt securities 7,706 171,933 1,134 (928 ) 172,139 35,937 4,513 — 40,450 Total debt securities $ 7,706 $ 226,773 $ 3,329 $ (1,713 ) $ 228,389 $ 215,963 $ 12,825 $ (13,229 ) $ 215,559 June 30, 2015 Trading Available-for-sale Held-to-maturity (Dollars in thousands) Fair Value Amortized Cost Unrealized Gains Unrealized Losses Fair Value Carrying Amount Unrecognized Gains Unrecognized Losses Fair Value Mortgage-backed securities (RMBS): U.S. agencies 1 $ — $ 43,738 $ 701 $ (948 ) $ 43,491 $ 41,993 $ 1,398 $ — $ 43,391 Non-agency 2 — 23,799 2,835 (1 ) 26,633 147,586 10,045 (12,749 ) 144,882 Total mortgage-backed securities — 67,537 3,536 (949 ) 70,124 189,579 11,443 (12,749 ) 188,273 Other debt securities: Municipal — 21,731 390 (86 ) 22,035 35,976 4,074 — 40,050 Non-agency 3 7,832 70,216 1,271 (285 ) 71,202 — — — — Total other debt securities 7,832 91,947 1,661 (371 ) 93,237 35,976 4,074 — 40,050 Total debt securities $ 7,832 $ 159,484 $ 5,197 $ (1,320 ) $ 163,361 $ 225,555 $ 15,517 $ (12,749 ) $ 228,323 __________________________________ 1. U.S. government-backed or government sponsored enterprises including Fannie Mae, Freddie Mac and Ginnie Mae. 2. Private sponsors of securities collateralized primarily by pools of 1-4 family residential first mortgages. Primarily super senior securities secured by prime, Alt-A or pay-option ARM mortgages. 3. Senior collateralized loan obligations and asset-backed securities.
Schedule of Unrealized Loss on Investments	The securities with unrealized losses, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position were as follows: December 31, 2015 Available-for-sale securities in loss position for Held-to-maturity securities in loss position for Less Than 12 Months More Than 12 Months Total Less Than 12 Months More Than 12 Months Total (Dollars in thousands) Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses RMBS: U.S. agencies $ — $ — $ 23,612 $ (785 ) $ 23,612 $ (785 ) $ 149 $ (1 ) $ — $ — $ 149 $ (1 ) Non-agency — — — — — — 13,664 (845 ) 75,183 (12,383 ) 88,847 (13,228 ) Total RMBS securities — — 23,612 (785 ) 23,612 (785 ) 13,813 (846 ) 75,183 (12,383 ) 88,996 (13,229 ) Other Debt: Municipal Debt 20,507 (86 ) — — 20,507 (86 ) — — — — — — Non-agency 68,648 (706 ) 2,276 (136 ) 70,924 (842 ) — — — — — — Total Other Debt 89,155 (792 ) 2,276 (136 ) 91,431 (928 ) — — — — — — Total debt securities $ 89,155 $ (792 ) $ 25,888 $ (921 ) $ 115,043 $ (1,713 ) $ 13,813 $ (846 ) $ 75,183 $ (12,383 ) $ 88,996 $ (13,229 ) June 30, 2015 Available-for-sale securities in loss position for Held-to-maturity securities in loss position for Less Than 12 Months More Than 12 Months Total Less Than 12 Months More Than 12 Months Total (Dollars in thousands) Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses RMBS: U.S. agencies $ 369 $ (2 ) $ 24,974 $ (946 ) $ 25,343 $ (948 ) $ — $ — $ — $ — $ — $ — Non-agency 1,275 (1 ) — — 1,275 (1 ) 23,450 (1,802 ) 67,090 (10,947 ) 90,540 (12,749 ) Total RMBS securities 1,644 (3 ) 24,974 (946 ) 26,618 (949 ) 23,450 (1,802 ) 67,090 (10,947 ) 90,540 (12,749 ) Other Debt: Municipal Debt 1,358 (86 ) — — 1,358 (86 ) — — — — — — Non-agency 19,100 (285 ) — — 19,100 (285 ) — — — — — — Total Other Debt 20,458 (371 ) — — 20,458 (371 ) — — — — — — Total debt securities $ 22,102 $ (374 ) $ 24,974 $ (946 ) $ 47,076 $ (1,320 ) $ 23,450 $ (1,802 ) $ 67,090 $ (10,947 ) $ 90,540 $ (12,749 )
Other than Temporary Impairment, Credit Losses Recognized in Earnings	The following table summarizes amounts of credit loss recognized in the income statement through other-than-temporary impairment charges which reduced non-interest income: For the Three Months Ended For the Six Months Ended December 31, December 31, (Dollars in thousands) 2015 2014 2015 2014 Beginning balance $ (20,621 ) $ (19,351 ) $ (20,503 ) $ (18,139 ) Additions for the amounts related to credit loss for which an other-than-temporary impairment was not previously recognized — — (99 ) (39 ) Increases to the amount related to the credit loss for which other-than-temporary impairment was previously recognized (23 ) (285 ) (42 ) (1,458 ) Credit losses realized for securities sold 116 — 116 — Ending balance $ (20,528 ) $ (19,636 ) $ (20,528 ) $ (19,636 )
Schedule of Realized Gain (Loss)	The gross gains and losses realized through earnings upon the sale of available-for-sale securities for the three and six months ended December 31, 2015 were as follows: For the Three Months Ended For the Six Months Ended December 31, December 31, (Dollars in thousands) 2015 2014 2015 2014 Proceeds $ 10,069 $ 9,614 $ 10,069 $ 9,614 Gross realized gains 933 587 933 587 Gross realized losses — — — — Net realized gain on securities $ 933 $ 587 $ 933 $ 587
Unrealized Gain (Loss) on Investments	The Company had recorded unrealized gains and unrealized losses in accumulated other comprehensive loss as follows: (Dollars in thousands) December 31, June 30, Available-for-sale debt securities—net unrealized gains $ 1,616 $ 3,877 Available-for-sale debt securities—non-credit related losses (259 ) (271 ) Held-to-maturity debt securities—non-credit related losses (15,100 ) (18,597 ) Subtotal (13,743 ) (14,991 ) Tax benefit 4,700 5,592 Net unrealized loss on investment securities in accumulated other comprehensive loss $ (9,043 ) $ (9,399 )
Investments Classified by Contractual Maturity Date	The expected maturity distribution including repayments of the Company’s mortgage-backed securities and other debt securities classified as trading, available-for-sale and held-to-maturity at December 31, 2015 were: December 31, 2015 Trading Available for sale Held-to-maturity (Dollars in thousands) Fair Value Amortized Cost Fair Value Carrying Amount Fair Value RMBS—U.S. agencies: Due within one year $ — $ 3,532 $ 3,451 $ 1,298 $ 1,346 Due one to five years — 10,929 10,710 4,978 5,161 Due five to ten years — 8,693 8,576 5,654 5,851 Due after ten years — 12,411 12,377 27,188 27,511 Total RMBS—U.S. agencies — 35,565 35,114 39,118 39,869 RMBS—Non-agency: Due within one year — 5,536 5,933 21,779 20,837 Due one to five years — 9,251 10,059 47,178 45,431 Due five to ten years — 2,625 3,005 38,441 36,615 Due after ten years — 1,863 2,139 33,510 32,357 Total RMBS—Non-agency — 19,275 21,136 140,908 135,240 Other debt: Due within one year — 33,822 33,760 1,014 1,137 Due one to five years — 129,343 129,571 4,708 5,280 Due five to ten years — 5,050 5,066 7,391 8,292 Due after ten years 7,706 3,718 3,742 22,824 25,741 Total other debt 7,706 171,933 172,139 35,937 40,450 Total $ 7,706 $ 226,773 $ 228,389 $ 215,963 $ 215,559

LOANS & ALLOWANCE FOR LOAN LO21

LOANS & ALLOWANCE FOR LOAN LOSSES (Tables)	6 Months Ended
LOANS & ALLOWANCE FOR LOAN LOSSES (Tables)	Dec. 31, 2015
Receivables [Abstract]
Schedule of Loans by Loan Portfolio	The following table sets forth the composition of the loan portfolio as of the dates indicated: (Dollars in thousands) December 31, 2015 June 30, 2015 Single family real estate secured: Mortgage $ 3,371,974 $ 2,980,795 Home equity 3,418 3,604 Warehouse and other 1 519,564 385,413 Multifamily real estate secured 1,202,987 1,185,531 Commercial real estate secured 99,938 61,403 Auto and RV secured 30,335 13,140 Factoring 143,896 122,200 Commercial & Industrial 281,826 248,584 Other 61,145 601 Total gross loans 5,715,083 5,001,271 Allowance for loan losses (35,071 ) (28,327 ) Unaccreted discounts and loan fees (34,740 ) (44,326 ) Total net loans $ 5,645,272 $ 4,928,618 1. The balance of single family warehouse loans was $176,330 at December 31, 2015 and $122,003 at June 30, 2015 . The remainder of the balance is attributable to single family lender finance loans.
Schedule of Credit Losses Related to Financing Receivables, Current and Noncurrent	The following tables summarize activity in the allowance for loan losses by portfolio classes for the periods indicated: For the Three Months Ended December 31, 2015 Single Family Real Estate Secured (Dollars in thousands) Mortgage Home Equity Warehouse & Other Multifamily Real Estate Secured Commercial Real Estate Secured Auto and RV Secured Factoring Commercial & Industrial Other/Consumer Total Balance at October 1, 2015 $ 16,313 $ 94 $ 2,057 $ 4,180 $ 961 $ 1,339 $ 342 $ 5,663 $ 129 $ 31,078 Provision for loan loss 911 (60 ) 586 (887 ) (895 ) 532 17 939 2,257 3,400 Charge-offs (61 ) (1 ) — — — (56 ) — — — (118 ) Recoveries 4 12 — — 670 25 — — — 711 Balance at December 31, 2015 $ 17,167 $ 45 $ 2,643 $ 3,293 $ 736 $ 1,840 $ 359 $ 6,602 $ 2,386 $ 35,071 For the Three Months Ended December 31, 2014 Single Family Real Estate Secured (Dollars in thousands) Mortgage Home Equity Warehouse & Other Multifamily Real Estate Secured Commercial Real Estate Secured Auto and RV Secured Factoring Commercial & Industrial Other/Consumer Total Balance at October 1, 2014 $ 9,807 $ 113 $ 1,216 $ 4,022 $ 965 $ 1,160 $ 311 $ 2,882 $ 19 $ 20,495 Provision for loan loss 1,983 (19 ) 369 212 176 (50 ) (41 ) 271 (1 ) 2,900 Charge-offs (3 ) — — — (156 ) (75 ) — — — (234 ) Recoveries 5 3 — — — 18 — — — 26 Balance at December 31, 2014 $ 11,792 $ 97 $ 1,585 $ 4,234 $ 985 $ 1,053 $ 270 $ 3,153 $ 18 $ 23,187 For the Six Months Ended December 31, 2015 Single Family Real Estate Secured (Dollars in thousands) Mortgage Home Equity Warehouse & Other Multifamily Real Estate Secured Commercial Real Estate Secured Auto and RV Secured Factoring Commercial & Industrial Other/Consumer Total Balance at July 1, 2015 $ 13,664 $ 122 $ 1,879 $ 4,363 $ 1,103 $ 953 $ 292 $ 5,882 $ 69 $ 28,327 Provision for loan loss 3,418 (96 ) 764 (1,070 ) (1,349 ) 1,029 67 720 2,317 5,800 Charge-offs (77 ) (2 ) — — — (206 ) — — — (285 ) Recoveries 162 21 — — 982 64 — — — 1,229 Balance at December 31, 2015 $ 17,167 $ 45 $ 2,643 $ 3,293 $ 736 $ 1,840 $ 359 $ 6,602 $ 2,386 $ 35,071 For the Six Months Ended December 31, 2014 Single Family Real Estate Secured (Dollars in thousands) Mortgage Home Equity Warehouse & Other Multifamily Real Estate Secured Commercial Real Estate Secured Auto and RV Secured Factoring Commercial & Industrial Other/Consumer Total Balance at July 1, 2014 $ 7,959 $ 134 $ 1,259 $ 3,785 $ 1,035 $ 812 $ 279 $ 3,048 $ 62 $ 18,373 Provision for loan loss 3,865 (43 ) 326 749 106 351 (9 ) 105 (50 ) 5,400 Charge-offs (40 ) — — (300 ) (156 ) (146 ) — — — (642 ) Recoveries 8 6 — — — 36 — — 6 56 Balance at December 31, 2014 $ 11,792 $ 97 $ 1,585 $ 4,234 $ 985 $ 1,053 $ 270 $ 3,153 $ 18 $ 23,187
Impaired Financing Receivables	The following tables present our loans evaluated individually for impairment by class: December 31, 2015 (Dollars in thousands) Unpaid Principal Balance Principal Balance Adjustment Unpaid Book Balance Accrued Interest / Origination Fees Recorded Investment Related Allowance With no related allowance recorded: Single Family Real Estate Secured: Mortgage: In-house originated $ 8,989 $ 699 $ 8,290 $ 380 $ 8,670 $ — Purchased 5,924 1,961 3,963 83 4,046 — Multifamily Real Estate Secured: Purchased 2,545 1,008 1,537 — 1,537 — Commercial Real Estate Secured: Purchased 629 257 372 21 393 — Auto and RV Secured: In-house originated 957 694 263 14 277 — With an allowance recorded: Single Family Real Estate Secured: Mortgage: In-house originated 6,481 — 6,481 83 6,564 212 Purchased 2,434 — 2,434 3 2,437 63 Home Equity: In-house originated 7 — 7 — 7 1 Multifamily Real Estate Secured: In-house originated 3,308 — 3,308 58 3,366 2 Auto and RV Secured: In-house originated 37 — 37 2 39 1 Total $ 31,311 $ 4,619 $ 26,692 $ 644 $ 27,336 $ 279 As a % of total gross loans 0.55 % 0.08 % 0.47 % 0.01 % 0.48 % — % June 30, 2015 (Dollars in thousands) Unpaid Principal Balance Principal Balance Adjustment Unpaid Book Balance Accrued Interest / Origination Fees Recorded Investment Related Allowance With no related allowance recorded: Single Family Real Estate Secured: Mortgage: In-house originated $ 7,000 $ 657 $ 6,343 $ 129 $ 6,472 $ — Purchased 6,318 2,083 4,235 157 4,392 — Multifamily Real Estate Secured: Purchased 2,569 921 1,648 — 1,648 — Commercial Real Estate Secured: Purchased 3,662 1,534 2,128 254 2,382 — Auto and RV Secured: In-house originated 1,097 815 282 13 295 — With an allowance recorded: Single Family Real Estate Secured: Mortgage: In-house originated 10,142 — 10,142 — 10,142 214 Purchased 2,339 — 2,339 9 2,348 45 Home Equity: In-house originated 9 — 9 — 9 1 Multifamily Real Estate Secured: In-house originated 3,430 — 3,430 43 3,473 2 Purchased 321 — 321 20 341 3 Auto and RV Secured: In-house originated 171 — 171 4 175 8 Total $ 37,058 $ 6,010 $ 31,048 $ 629 $ 31,677 $ 273 As a % of total gross loans 0.74 % 0.12 % 0.62 % 0.01 % 0.63 % 0.01 %
Allowance for Credit Losses on Financing Receivables	The following tables present the balance in the allowance for loan losses and the recorded investment in loans by portfolio segment and based on impairment evaluation method: December 31, 2015 Single Family Real Estate Secured (Dollars in thousands) Mortgage Home Warehouse and other Multifamily Real Estate Secured Commercial Real Estate Secured Auto and RV Secured Factoring Commercial & Industrial Other Total Allowance for loan losses: Ending allowance balance attributable to loans: Individually evaluated for impairment $ 275 $ 1 $ — $ 2 $ — $ 1 $ — $ — $ — $ 279 Collectively evaluated for impairment 16,892 44 2,643 3,291 736 1,839 359 6,602 2,386 34,792 Total ending allowance balance $ 17,167 $ 45 $ 2,643 $ 3,293 $ 736 $ 1,840 $ 359 $ 6,602 $ 2,386 $ 35,071 Loans: Loans individually evaluated for impairment 1 $ 21,168 $ 7 $ — $ 4,845 $ 372 $ 300 $ — $ — $ — $ 26,692 Loans collectively evaluated for impairment 3,350,806 3,411 519,564 1,198,142 99,566 30,035 143,896 281,826 61,145 5,688,391 Principal loan balance 3,371,974 3,418 519,564 1,202,987 99,938 30,335 143,896 281,826 61,145 5,715,083 Unaccreted discounts and loan fees 10,966 16 (185 ) 3,773 441 403 (47,015 ) (901 ) (2,238 ) (34,740 ) Accrued interest receivable 8,605 7 485 3,999 214 108 440 1,229 589 15,676 Total recorded investment in loans $ 3,391,545 $ 3,441 $ 519,864 $ 1,210,759 $ 100,593 $ 30,846 $ 97,321 $ 282,154 $ 59,496 $ 5,696,019 ________________ 1. Loans evaluated for impairment include Troubled Debt Restructurings (“TDRs”) that have been performing for more than six months . June 30, 2015 Single Family Real Estate Secured (Dollars in thousands) Mortgage Home Warehouse and other Multifamily Real Estate Secured Commercial Real Estate Auto and RV Secured Factoring Commercial & Industrial Other Total Allowance for loan losses: Ending allowance balance attributable to loans: Individually evaluated for impairment $ 259 $ 1 $ — $ 5 $ — $ 8 $ — $ — $ — $ 273 Collectively evaluated for impairment 13,405 121 1,879 4,358 1,103 945 292 5,882 69 28,054 Total ending allowance balance $ 13,664 $ 122 $ 1,879 $ 4,363 $ 1,103 $ 953 $ 292 $ 5,882 $ 69 $ 28,327 Loans: Loans individually evaluated for impairment 1 $ 23,059 $ 9 $ — $ 5,399 $ 2,128 $ 453 $ — $ — $ — $ 31,048 Loans collectively evaluated for impairment 2,957,736 3,595 385,413 1,180,132 59,275 12,687 122,200 248,584 601 4,970,223 Principal loan balance 2,980,795 3,604 385,413 1,185,531 61,403 13,140 122,200 248,584 601 5,001,271 Unaccreted discounts and loan fees 10,438 11 (83 ) 3,348 96 149 (57,223 ) (1,062 ) — (44,326 ) Accrued interest receivable 10,530 5 306 4,862 145 73 477 1,159 — 17,557 Total recorded investment in loans $ 3,001,763 $ 3,620 $ 385,636 $ 1,193,741 $ 61,644 $ 13,362 $ 65,454 $ 248,681 $ 601 $ 4,974,502 ________________ 1. Loans evaluated for impairment include TDRs that have been performing for more than six months .
Schedule of Financing Receivables, Non Accrual Status	Non-performing loans consisted of the following as of the dates indicated: (Dollars in thousands) December 31, June 30, Single Family Real Estate Secured: Mortgage: In-house originated $ 14,771 $ 16,485 Purchased 6,183 6,357 Home Equity: In-house originated 7 9 Multifamily Real Estate Secured: In-house originated 3,308 3,430 Purchased 1,537 1,969 Commercial Real Estate Secured: Purchased 372 2,128 Total non-performing loans secured by real estate 26,178 30,378 Auto and RV Secured 300 453 Total non-performing loans $ 26,478 $ 30,831 Non-performing loans to total loans 0.46 % 0.62 %
Schedule of Loans, Performing and Non-performing	The following tables present the outstanding unpaid balance of loans that are performing and non-performing by portfolio class: December 31, 2015 Single Family Real Estate Secured (Dollars in thousands) Mortgage Home Warehouse & other Multifamily Real Estate Secured Commercial Real Estate Secured Auto and RV Secured Factoring Commercial & Industrial Other Total Performing $ 3,351,020 $ 3,411 $ 519,564 $ 1,198,142 $ 99,566 $ 30,035 $ 143,896 $ 281,826 $ 61,145 $ 5,688,605 Non-performing 20,954 7 — 4,845 372 300 — — — 26,478 Total $ 3,371,974 $ 3,418 $ 519,564 $ 1,202,987 $ 99,938 $ 30,335 $ 143,896 $ 281,826 $ 61,145 $ 5,715,083 June 30, 2015 Single Family Real Estate Secured (Dollars in thousands) Mortgage Home Warehouse & other Multifamily Real Estate Secured Commercial Real Estate Secured Auto and RV Secured Factoring Commercial & Industrial Other Total Performing $ 2,957,953 $ 3,595 $ 385,413 $ 1,180,132 $ 59,275 $ 12,687 $ 122,200 $ 248,584 $ 601 $ 4,970,440 Non-performing 22,842 9 — 5,399 2,128 453 — — — 30,831 Total $ 2,980,795 $ 3,604 $ 385,413 $ 1,185,531 $ 61,403 $ 13,140 $ 122,200 $ 248,584 $ 601 $ 5,001,271 The Company divides loan balances when determining general loan loss reserves between purchases and originations as follows: December 31, 2015 Single Family Real Estate Secured: Mortgage Multifamily Real Estate Secured Commercial Real Estate Secured (Dollars in thousands) Origination Purchase Total Origination Purchase Total Origination Purchase Total Performing $ 3,272,701 $ 78,319 $ 3,351,020 $ 1,084,122 $ 114,020 $ 1,198,142 $ 87,310 $ 12,256 $ 99,566 Non-performing 14,771 6,183 20,954 3,308 1,537 4,845 — 372 372 Total $ 3,287,472 $ 84,502 $ 3,371,974 $ 1,087,430 $ 115,557 $ 1,202,987 $ 87,310 $ 12,628 $ 99,938 June 30, 2015 Single Family Real Estate Secured: Mortgage Multifamily Real Estate Secured Commercial Real Estate Secured (Dollars in thousands) Origination Purchase Total Origination Purchase Total Origination Purchase Total Performing $ 2,869,119 $ 88,834 $ 2,957,953 $ 1,048,266 $ 131,866 $ 1,180,132 $ 46,577 $ 12,698 $ 59,275 Non-performing 16,485 6,357 22,842 3,430 1,969 5,399 — 2,128 2,128 Total $ 2,885,604 $ 95,191 $ 2,980,795 $ 1,051,696 $ 133,835 $ 1,185,531 $ 46,577 $ 14,826 $ 61,403
Troubled Debt Restructurings on Financing Receivables	The Company classifies these loans as performing loans temporarily modified as TDR and are included in impaired loans as follows: December 31, 2015 Single Family Real Estate Secured (Dollars in thousands) Mortgage Home Warehouse & other Multifamily Real Estate Secured Commercial Real Estate Secured Auto and RV Secured Factoring Commercial & Industrial Other Total Performing loans temporarily modified as TDR $ 214 $ — $ — $ — $ — $ — $ — $ — $ — $ 214 Non-performing loans 20,954 7 — 4,845 372 300 — — — 26,478 Total impaired loans $ 21,168 $ 7 $ — $ 4,845 $ 372 $ 300 $ — $ — $ — $ 26,692 June 30, 2015 Single Family Real Estate Secured (Dollars in thousands) Mortgage Home Warehouse & other Multifamily Real Estate Secured Commercial Real Estate Secured Auto and RV Secured Factoring Commercial & Industrial Other Total Performing loans temporarily modified as TDR $ 217 $ — $ — $ — $ — $ — $ — $ — $ — $ 217 Non-performing loans 22,842 9 — 5,399 2,128 453 — — — 30,831 Total impaired loans $ 23,059 $ 9 $ — $ 5,399 $ 2,128 $ 453 $ — $ — $ — $ 31,048 The Company recognizes interest on performing loans temporarily modified as TDR, which is shown in conjunction with average balances as follows: For the Three Months Ended December 31, 2015 Single Family Real Estate Secured (Dollars in thousands) Mortgage Home Warehouse & other Multifamily Real Estate Secured Commercial Real Estate Secured Auto and RV Secured Factoring Commercial & Industrial Other Total Interest income recognized on performing TDRs $ 2 $ — $ — $ — $ — $ — $ — $ — $ — $ 2 Average balances of performing TDRs $ 215 $ — $ — $ — $ — $ — $ — $ — $ — $ 215 Average balances of impaired loans $ 22,195 $ 8 $ — $ 5,064 $ 1,045 $ 321 $ — $ — $ — $ 28,633 For the Three Months Ended December 31, 2014 Single Family Real Estate Secured (Dollars in thousands) Mortgage Home Warehouse & other Multifamily Real Estate Secured Commercial Real Estate Secured Auto and RV Secured Factoring Commercial & Industrial Other Total Interest income recognized on performing TDRs $ 6 $ — $ — $ — $ — $ — $ — $ — $ — $ 6 Average balances of performing TDRs $ 537 $ — $ — $ — $ — $ — $ — $ — $ — $ 537 Average balances of impaired loans $ 21,517 $ 34 $ — $ 5,691 $ 3,242 $ 460 $ — $ — $ — $ 30,944 For the Six Months Ended December 31, 2015 Single Family Real Estate Secured (Dollars in thousands) Mortgage Home Warehouse & other Multifamily Real Estate Secured Commercial Real Estate Secured Auto and RV Secured Factoring Commercial & Industrial Other Total Interest income recognized on performing TDRs $ 4 $ — $ — $ — $ — $ — $ — $ — $ — $ 4 Average balances of performing TDRs $ 215 $ — $ — $ — $ — $ — $ — $ — $ — $ 215 Average balances of impaired loans $ 22,483 $ 8 $ — $ 5,176 $ 1,406 $ 365 $ — $ — $ — $ 29,438 For the Six Months Ended December 31, 2014 Single Family Real Estate Secured (Dollars in thousands) Mortgage Home Warehouse & other Multifamily Real Estate Secured Commercial Real Estate Secured Auto and RV Secured Factoring Commercial & Industrial Other Total Interest income recognized on performing TDRs $ 12 $ — $ — $ — $ 20 $ — $ — $ — $ — $ 32 Average balances of performing TDRs $ 687 $ — $ — $ — $ 463 $ — $ — $ — $ — $ 1,150 Average balances of impaired loans $ 18,806 $ 78 $ — $ 5,228 $ 3,620 $ 485 $ — $ — $ — $ 28,217
Financing Receivable Credit Quality Indicators	The following table presents the composition of the Company’s loan portfolio by credit quality indicators: December 31, 2015 (Dollars in thousands) Pass Special Substandard Doubtful Total Single Family Real Estate Secured: Mortgage: In-house originated $ 3,253,671 $ 13,520 $ 20,281 $ — $ 3,287,472 Purchased 77,909 195 6,398 — 84,502 Home Equity: In-house originated 3,393 18 7 — 3,418 Warehouse and other: In-house originated 513,864 5,700 — — 519,564 Multifamily Real Estate Secured: In-house originated 1,079,226 4,036 4,168 — 1,087,430 Purchased 110,107 2,795 2,655 — 115,557 Commercial Real Estate Secured: In-house originated 87,310 — — — 87,310 Purchased 9,844 2,412 372 — 12,628 Auto and RV Secured: In-house originated 29,829 161 345 — 30,335 Factoring: In-house originated 143,896 — — — 143,896 Commercial & Industrial: In-house originated 272,153 9,673 — — 281,826 Other 61,145 — — — 61,145 Total $ 5,642,347 $ 38,510 $ 34,226 $ — $ 5,715,083 As a % of total gross loans 98.7 % 0.7 % 0.6 % — % 100.0 % June 30, 2015 (Dollars in thousands) Pass Special Substandard Doubtful Total Single Family Real Estate Secured: Mortgage: In-house originated $ 2,855,637 $ 11,256 $ 18,711 $ — $ 2,885,604 Purchased 87,256 216 7,719 — 95,191 Home Equity: In-house originated 3,473 — 131 — 3,604 Warehouse and other: In-house originated 375,588 9,825 — — 385,413 Multifamily Real Estate Secured: In-house originated 1,036,718 10,926 4,052 — 1,051,696 Purchased 127,839 3,470 2,526 — 133,835 Commercial Real Estate Secured: In-house originated 46,577 — — — 46,577 Purchased 9,947 2,444 2,435 — 14,826 Auto and RV Secured: In-house originated 12,630 19 491 — 13,140 Factoring: In-house originated 122,200 — — — 122,200 Commercial & Industrial: In-house originated 239,415 9,169 — — 248,584 Other 601 — — — 601 Total $ 4,917,881 $ 47,325 $ 36,065 $ — $ 5,001,271 As a % of total gross loans 98.3 % 1.0 % 0.7 % — % 100.0 %
Past Due Financing Receivables	The following table provides the outstanding unpaid balance of loans that are past due 30 days or more by portfolio class as of the period indicated: December 31, 2015 (Dollars in thousands) 30-59 Days Past Due 60-89 Days Past Due 90+ Days Past Due Total Single family real estate secured: Mortgage: In-house originated $ 3,157 $ — $ 13,531 $ 16,688 Purchased 233 367 3,015 3,615 Home equity: In-house originated 29 18 — 47 Multifamily real estate secured: In-house originated 243 — 791 1,034 Commercial real estate secured: Purchased — 372 — 372 Auto and RV secured 346 164 58 568 Total $ 4,008 $ 921 $ 17,395 $ 22,324 As a % of total gross loans 0.07 % 0.02 % 0.30 % 0.39 % June 30, 2015 (Dollars in thousands) 30-59 Days Past Due 60-89 Days Past Due 90+ Days Past Due Total Single family real estate secured: Mortgage In-house originated $ 1,275 $ 2,876 $ 11,450 $ 15,601 Purchased 472 — 3,371 3,843 Home equity In-house originated 130 — — 130 Multifamily real estate secured In-house originated 244 — 791 1,035 Purchased — — 321 321 Commercial real estate secured Purchased 782 — 382 1,164 Auto and RV secured In-house originated 271 125 67 463 Total $ 3,174 $ 3,001 $ 16,382 $ 22,557 As a % of total gross loans 0.06 % 0.06 % 0.33 % 0.45 %

EQUITY AND STOCK-BASED COMPEN22

EQUITY AND STOCK-BASED COMPENSATION (Tables)	6 Months Ended
EQUITY AND STOCK-BASED COMPENSATION (Tables)	Dec. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Summary of stock option activity	A summary of stock option activity under the Plans during the periods indicated is presented below: Number of Shares Weighted-Average Exercise Price Per Share Outstanding—June 30, 2014 427,800 $ 2.18 Granted — — Exercised (345,400 ) 2.26 Canceled — — Outstanding—June 30, 2015 82,400 $ 1.84 Granted — — Exercised (80,000 ) 1.84 Canceled — — Outstanding—December 31, 2015 2,400 $ 1.84 Options exercisable—June 30, 2014 427,800 $ 2.18 Options exercisable—June 30, 2015 82,400 $ 1.84 Options exercisable—December 31, 2015 2,400 $ 1.84
Table summarizing outstanding and exercisable options	The following table summarizes information on currently outstanding and exercisable options: As of December 31, 2015 Options Outstanding Options Exercisable Exercise Prices Number Outstanding Weighted-Average Remaining Contractual Life (Years) Number Exercisable Weighted- Average Exercise Price $ 1.84 2,400 0.57 2,400 $ 0.57
Unrecognized compensation expense related to non-vested awards, to be recognized in the future	At December 31, 2015 , unrecognized compensation expense related to non-vested awards aggregated to $27,995 and is expected to be recognized in future periods as follows: (Dollars in thousands) Stock Award Compensation Expense For the fiscal year remainder: 2016 $ 6,352 2017 10,983 2018 7,745 2019 2,915 Total $ 27,995
Status and changes in restricted stock grants	The following table presents the status and changes in restricted stock unit grants for the periods indicated: Restricted Stock Unit Shares Weighted-Average Grant-Date Fair Value Non-vested balance at June 30, 2014 945,756 $ 10.29 Granted 775,836 19.99 Vested (519,400 ) 10.11 Canceled (67,104 ) 14.13 Non-vested balance at June 30, 2015 1,135,088 $ 17.01 Granted 614,721 26.62 Vested (253,727 ) 13.71 Canceled (39,419 ) 19.72 Non-vested balance at December 31, 2015 1,456,663 $ 21.38

EARNINGS PER SHARE ("EPS") (Tab

EARNINGS PER SHARE ("EPS") (Tables)	6 Months Ended
EARNINGS PER SHARE ("EPS") (Tables)	Dec. 31, 2015
Earnings Per Share [Abstract]
Calculation of basic and diluted EPS	The following table presents the calculation of basic and diluted EPS as adjusted to reflect the effects of the Stock Split: Three Months Ended Six Months Ended December 31, December 31, (Dollars in thousands, except per share data) 2015 2014 2015 2014 Earnings Per Common Share 1 Net income $ 28,149 $ 19,372 $ 53,650 $ 37,213 Preferred stock dividends (78 ) (78 ) (155 ) (155 ) Net income attributable to common shareholders $ 28,071 $ 19,294 $ 53,495 $ 37,058 Average common shares issued and outstanding 62,999,335 59,566,176 62,741,596 58,805,820 Average unvested RSU shares 1,431,998 1,253,072 1,309,243 1,177,356 Total qualifying shares 64,431,333 60,819,248 64,050,839 59,983,176 Earnings per common share $ 0.44 $ 0.32 $ 0.84 $ 0.62 Diluted Earnings Per Common Share 1 Net income attributable to common shareholders $ 28,071 $ 19,294 $ 53,495 $ 37,058 Dilutive net income attributable to common shareholders $ 28,071 $ 19,294 $ 53,495 $ 37,058 Average common shares issued and outstanding 64,431,333 60,819,248 64,050,839 59,983,176 Dilutive effect of stock options 1,323 235,020 10,982 235,216 Total dilutive common shares issued and outstanding 64,432,656 61,054,268 64,061,821 60,218,392 Diluted earnings per common share $ 0.44 $ 0.32 $ 0.84 $ 0.62 1. Share and per share amounts have been retroactively restated for all prior periods presented to reflect the four-for-one forward split of the Company’s common stock effected in the form of a stock dividend that was distributed on November 17, 2015

BASIS OF PRESENTATION (Details)

BASIS OF PRESENTATION (Details)		Nov. 17, 2015	Dec. 31, 2015shares	Nov. 30, 2015shares	Oct. 31, 2015shares	Jun. 30, 2015shares
Accounting Policies [Abstract]
Common stock split, conversion ratio	[1]	4
Common stock, shares authorized			150,000,000	150,000,000	50,000,000	150,000,000

[1]	Common stock amounts have been retroactively restated for all prior periods presented to reflect the four-for-one forward split of the Company’s common stock effected in the form of a stock dividend that was distributed on November 17, 2015

SIGNIFICANT ACCOUNTING POLICI25

SIGNIFICANT ACCOUNTING POLICIES (Details) $ in Millions	Aug. 31, 2015USD ($)
H&R Block Bank Deposits
Business Acquisition [Line Items]
Deposits acquired, net	$ 419

FAIR VALUE - INPUTS (Details)

FAIR VALUE - INPUTS (Details) $ in Thousands	6 Months Ended
FAIR VALUE - INPUTS (Details) $ in Thousands	Dec. 31, 2015USD ($)security	Nov. 30, 2015	Oct. 31, 2009
Collateralized Debt Obligations
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Number of collateralized debt securities in trading portfolio \| security	2
Collateralized Debt Obligations \| Discounted cash flow
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Probability of actual and forecasted defaults	19.10%
Percentage of actual defaults	17.30%
Description of variable rate basis	U.S. Treasury
Collateralized Debt Obligations \| Discounted cash flow \| Significant Unobservable Inputs (Level 3)
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Percent increase in discount rate	1.00%
Effect on net income before tax from one percentage point increase in discount rate	$ 786
Percent decrease in discount rate	1.00%
Effect on net income before tax from one percentage point decrease in discount rate	$ 906
Collateralized Debt Obligations \| Weighted Average \| Discounted cash flow \| Significant Unobservable Inputs (Level 3)
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Discount rate, basis spread	5.00%
Non-agency RMBS \| Significant Unobservable Inputs (Level 3)
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Unemployment rate		5.00%	10.00%
Non-agency RMBS \| Minimum \| Discounted cash flow
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Discount rate, basis spread	2.41%
Non-agency RMBS \| Minimum \| Discounted cash flow \| Significant Unobservable Inputs (Level 3)
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Probability of actual and forecasted defaults	1.50%
Loss severity	15.00%
Non-agency RMBS \| Maximum \| Discounted cash flow
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Discount rate, basis spread	7.32%
Non-agency RMBS \| Maximum \| Discounted cash flow \| Significant Unobservable Inputs (Level 3)
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Probability of actual and forecasted defaults	20.00%
Loss severity	66.60%

FAIR VALUE - ASSETS AND LIABILI

FAIR VALUE - ASSETS AND LIABILITIES MEASURED ON RECURRING BASIS (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Jun. 30, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities - trading	$ 7,706	$ 7,832
Securities - available for sale	228,389	163,361
Loans held for sale	24,730	25,430
Mortgage servicing rights	3,475
Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities - trading	0	0
Securities - available for sale	0	0
Loans held for sale	0	0
Mortgage servicing rights	0	0
Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities - trading	0	0
Securities - available for sale	207,253	136,728
Loans held for sale	24,730	25,430
Mortgage servicing rights	0	0
Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities - trading	7,706	7,832
Securities - available for sale	21,136	26,633
Loans held for sale	0	0
Mortgage servicing rights	3,475	2,098
Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities - available for sale	228,389	163,361
Loans held for sale	24,730	25,430
Mortgage servicing rights	3,475	2,098
Other assets - Derivative instruments	1,062	2,261
Other liabilities - Derivative instruments	31	0
Recurring \| Collateralized Debt Obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities - trading	7,706	7,832
Recurring \| Agency RMBS
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities - available for sale	35,114	43,491
Recurring \| Non-agency RMBS
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities - available for sale	21,136	26,633
Recurring \| Municipal
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities - available for sale	31,013	22,035
Recurring \| Other Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities - available for sale	141,126	71,202
Recurring \| Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities - available for sale	0	0
Loans held for sale	0	0
Mortgage servicing rights	0	0
Other assets - Derivative instruments	0	0
Other liabilities - Derivative instruments	0	0
Recurring \| Quoted Prices in Active Markets for Identical Assets (Level 1) \| Collateralized Debt Obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities - trading	0	0
Recurring \| Quoted Prices in Active Markets for Identical Assets (Level 1) \| Agency RMBS
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities - available for sale	0	0
Recurring \| Quoted Prices in Active Markets for Identical Assets (Level 1) \| Non-agency RMBS
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities - available for sale	0	0
Recurring \| Quoted Prices in Active Markets for Identical Assets (Level 1) \| Municipal
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities - available for sale	0	0
Recurring \| Quoted Prices in Active Markets for Identical Assets (Level 1) \| Other Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities - available for sale	0	0
Recurring \| Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities - available for sale	207,253	136,728
Loans held for sale	24,730	25,430
Mortgage servicing rights	0	0
Other assets - Derivative instruments	0	0
Other liabilities - Derivative instruments	0	0
Recurring \| Significant Other Observable Inputs (Level 2) \| Collateralized Debt Obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities - trading	0	0
Recurring \| Significant Other Observable Inputs (Level 2) \| Agency RMBS
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities - available for sale	35,114	43,491
Recurring \| Significant Other Observable Inputs (Level 2) \| Non-agency RMBS
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities - available for sale	0	0
Recurring \| Significant Other Observable Inputs (Level 2) \| Municipal
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities - available for sale	31,013	22,035
Recurring \| Significant Other Observable Inputs (Level 2) \| Other Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities - available for sale	141,126	71,202
Recurring \| Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities - available for sale	21,136	26,633
Loans held for sale	0	0
Mortgage servicing rights	3,475	2,098
Other assets - Derivative instruments	1,062	2,261
Other liabilities - Derivative instruments	31	0
Recurring \| Significant Unobservable Inputs (Level 3) \| Collateralized Debt Obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities - trading	7,706	7,832
Recurring \| Significant Unobservable Inputs (Level 3) \| Agency RMBS
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities - available for sale	0	0
Recurring \| Significant Unobservable Inputs (Level 3) \| Non-agency RMBS
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities - available for sale	21,136	26,633
Recurring \| Significant Unobservable Inputs (Level 3) \| Municipal
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities - available for sale	0	0
Recurring \| Significant Unobservable Inputs (Level 3) \| Other Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities - available for sale	$ 0	$ 0

FAIR VALUE - LEVEL 3 ASSETS MEA

FAIR VALUE - LEVEL 3 ASSETS MEASURED ON RECURRING BASIS (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Other-than-temporary impairment	$ (23)	$ (286)	$ (141)	$ (1,497)
Recurring \| Level 3
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Opening balance	36,600	44,050	38,824	46,912
Transfers into Level 3	0	0	0	0
Transfers out of Level 3	0	0	0	0
Total gains or losses for the period - Included in earnings	108	(322)	(1,281)	(251)
Total gains or losses for the period - Included in other comprehensive income	(715)	(981)	(961)	(1,119)
Purchases/originations	693	326	1,428	510
Issues	0	0	0	0
Sales	(2,089)	0	(2,089)	0
Settlements	(369)	(1,099)	(1,728)	(4,150)
Other-than-temporary impairment	(4)	(165)	(39)	(214)
Closing balance	33,348	41,484	33,348	41,484
Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period	(768)	(647)	(2,087)	(455)
Recurring \| Level 3 \| Collateralized Debt Obligations
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Opening balance	7,902	8,187	7,832	8,066
Transfers into Level 3	0	0	0	0
Transfers out of Level 3	0	0	0	0
Total gains or losses for the period - Included in earnings	(196)	(325)	(126)	(204)
Total gains or losses for the period - Included in other comprehensive income	0	0	0	0
Purchases/originations	0	0	0	0
Issues	0	0	0	0
Sales	0	0	0	0
Settlements	0	0	0	0
Other-than-temporary impairment	0	0	0	0
Closing balance	7,706	7,862	7,706	7,862
Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period	(196)	(325)	(126)	(204)
Recurring \| Level 3 \| Non-agency RMBS
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Opening balance	24,993	34,171	26,633	37,409
Transfers into Level 3	0	0	0	0
Transfers out of Level 3	0	0	0	0
Total gains or losses for the period - Included in earnings	(680)	0	(680)	0
Total gains or losses for the period - Included in other comprehensive income	(715)	(981)	(961)	(1,119)
Purchases/originations	0	0	0	0
Issues	0	0	0	0
Sales	(2,089)	0	(2,089)	0
Settlements	(369)	(1,099)	(1,728)	(4,150)
Other-than-temporary impairment	(4)	(165)	(39)	(214)
Closing balance	21,136	31,926	21,136	31,926
Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period	(680)	0	(680)	0
Recurring \| Level 3 \| Mortgage Servicing Rights
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Opening balance	2,687	749	2,098	562
Transfers into Level 3	0	0	0	0
Transfers out of Level 3	0	0	0	0
Total gains or losses for the period - Included in earnings	95	(38)	(51)	(35)
Purchases/originations	693	326	1,428	510
Issues	0	0	0
Sales	0	0	0	0
Settlements	0	0	0
Other-than-temporary impairment	0	0	0
Closing balance	3,475	1,037	3,475	1,037
Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period	95	(38)	(51)	(35)
Recurring \| Level 3 \| Derivative Instruments, net
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Opening balance	1,018	943	2,261	875
Transfers into Level 3	0	0	0	0
Transfers out of Level 3	0	0	0	0
Total gains or losses for the period - Included in earnings	13	(284)	(1,230)	(216)
Purchases/originations	0	0	0	0
Issues	0	0	0	0
Sales	0	0	0	0
Settlements	0	0	0	0
Other-than-temporary impairment	0	0	0	0
Closing balance	1,031	659	1,031	659
Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period	$ 13	$ (284)	$ (1,230)	$ (216)

FAIR VALUE - QUANTITATIVE INFOR

FAIR VALUE - QUANTITATIVE INFORMATION FOR LEVEL 3 FAIR VALUE MEASURMENTS (RECURRING) (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Dec. 31, 2015	Jun. 30, 2015
Fair Value, Option, Quantitative Disclosures [Line Items]
Securities - trading	$ 7,706	$ 7,832
Securities - available for sale	228,389	163,361
Mortgage servicing rights	$ 3,475
Collateralized Debt Obligations \| Discounted cash flow
Fair Value, Option, Quantitative Disclosures [Line Items]
Total projected defaults	19.10%
Recurring
Fair Value, Option, Quantitative Disclosures [Line Items]
Securities - available for sale	$ 228,389	163,361
Mortgage servicing rights	3,475	2,098
Recurring \| Collateralized Debt Obligations
Fair Value, Option, Quantitative Disclosures [Line Items]
Securities - trading	7,706	7,832
Recurring \| Non-agency RMBS
Fair Value, Option, Quantitative Disclosures [Line Items]
Securities - available for sale	21,136	26,633
Level 3
Fair Value, Option, Quantitative Disclosures [Line Items]
Securities - trading	7,706	7,832
Securities - available for sale	21,136	26,633
Mortgage servicing rights	$ 3,475	2,098
Level 3 \| Non-agency RMBS \| Minimum \| Discounted cash flow
Fair Value, Option, Quantitative Disclosures [Line Items]
Total projected defaults	1.50%
Loss severity	15.00%
Level 3 \| Non-agency RMBS \| Maximum \| Discounted cash flow
Fair Value, Option, Quantitative Disclosures [Line Items]
Total projected defaults	20.00%
Loss severity	66.60%
Level 3 \| Recurring
Fair Value, Option, Quantitative Disclosures [Line Items]
Securities - available for sale	$ 21,136	26,633
Mortgage servicing rights	3,475	2,098
Level 3 \| Recurring \| Collateralized Debt Obligations
Fair Value, Option, Quantitative Disclosures [Line Items]
Securities - trading	7,706	7,832
Level 3 \| Recurring \| Collateralized Debt Obligations \| Discounted cash flow
Fair Value, Option, Quantitative Disclosures [Line Items]
Securities - trading	$ 7,706	$ 7,832
Level 3 \| Recurring \| Collateralized Debt Obligations \| Minimum \| Discounted cash flow
Fair Value, Option, Quantitative Disclosures [Line Items]
Total projected defaults	17.10%	18.80%
Discount Rate over Treasury/LIBOR	5.00%	4.80%
Level 3 \| Recurring \| Collateralized Debt Obligations \| Maximum \| Discounted cash flow
Fair Value, Option, Quantitative Disclosures [Line Items]
Total projected defaults	21.10%	29.80%
Discount Rate over Treasury/LIBOR	5.00%	4.80%
Level 3 \| Recurring \| Collateralized Debt Obligations \| Weighted Average \| Discounted cash flow
Fair Value, Option, Quantitative Disclosures [Line Items]
Total projected defaults	19.10%	24.60%
Discount Rate over Treasury/LIBOR	5.00%	4.80%
Level 3 \| Recurring \| Non-agency RMBS
Fair Value, Option, Quantitative Disclosures [Line Items]
Securities - available for sale	$ 21,136	$ 26,633
Level 3 \| Recurring \| Non-agency RMBS \| Discounted cash flow
Fair Value, Option, Quantitative Disclosures [Line Items]
Securities - available for sale	$ 21,136	$ 26,633
Level 3 \| Recurring \| Non-agency RMBS \| Minimum \| Discounted cash flow
Fair Value, Option, Quantitative Disclosures [Line Items]
Discount Rate over Treasury/LIBOR	2.40%	2.40%
Constant Prepayment Rate	8.60%	6.30%
Constant Default Rate	1.50%	1.50%
Loss severity	32.60%	37.60%
Level 3 \| Recurring \| Non-agency RMBS \| Maximum \| Discounted cash flow
Fair Value, Option, Quantitative Disclosures [Line Items]
Discount Rate over Treasury/LIBOR	2.80%	3.00%
Constant Prepayment Rate	25.80%	29.50%
Constant Default Rate	20.00%	19.60%
Loss severity	66.60%	66.50%
Level 3 \| Recurring \| Non-agency RMBS \| Weighted Average \| Discounted cash flow
Fair Value, Option, Quantitative Disclosures [Line Items]
Discount Rate over Treasury/LIBOR	2.70%	2.90%
Constant Prepayment Rate	14.70%	13.00%
Constant Default Rate	6.40%	5.60%
Loss severity	49.10%	51.10%
Level 3 \| Recurring \| Mortgage Servicing Rights \| Discounted cash flow
Fair Value, Option, Quantitative Disclosures [Line Items]
Mortgage servicing rights	$ 3,475	$ 2,098
Level 3 \| Recurring \| Mortgage Servicing Rights \| Minimum \| Discounted cash flow
Fair Value, Option, Quantitative Disclosures [Line Items]
Discount Rate over Treasury/LIBOR	8.50%	9.50%
Constant Prepayment Rate	5.10%	4.40%
Life	4 years	4 years 3 months 18 days
Level 3 \| Recurring \| Mortgage Servicing Rights \| Maximum \| Discounted cash flow
Fair Value, Option, Quantitative Disclosures [Line Items]
Discount Rate over Treasury/LIBOR	10.50%	10.50%
Constant Prepayment Rate	13.90%	19.20%
Life	8 years 3 months 18 days	8 years 4 months
Level 3 \| Recurring \| Mortgage Servicing Rights \| Weighted Average \| Discounted cash flow
Fair Value, Option, Quantitative Disclosures [Line Items]
Discount Rate over Treasury/LIBOR	9.60%	9.70%
Constant Prepayment Rate	8.10%	7.70%
Life	7 years 1 month 6 days	7 years 4 months 24 days
Level 3 \| Recurring \| Derivative Instruments, net \| Sales comparison approach
Fair Value, Option, Quantitative Disclosures [Line Items]
Derivative instruments, net	$ 1,031	$ 2,261
Level 3 \| Recurring \| Derivative Instruments, net \| Minimum \| Sales comparison approach
Fair Value, Option, Quantitative Disclosures [Line Items]
Projected Sales Profit of Underlying Loans	0.30%	0.50%
Level 3 \| Recurring \| Derivative Instruments, net \| Maximum \| Sales comparison approach
Fair Value, Option, Quantitative Disclosures [Line Items]
Projected Sales Profit of Underlying Loans	0.50%	1.30%
Level 3 \| Recurring \| Derivative Instruments, net \| Weighted Average \| Sales comparison approach
Fair Value, Option, Quantitative Disclosures [Line Items]
Projected Sales Profit of Underlying Loans	0.40%	0.80%

FAIR VALUE - LEVEL 3 UNREALIZED

FAIR VALUE - LEVEL 3 UNREALIZED GAIN (LOSS) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair value adjustment	$ (196)	$ (324)	$ (126)	$ (203)
Level 3
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Interest income on investments	60	56	117	112
Fair value adjustment	(195)	(324)	(126)	(203)
Total	$ (135)	$ (268)	$ (9)	$ (91)

FAIR VALUE - ASSETS MEASURED NO

FAIR VALUE - ASSETS MEASURED NONRECURRING BASIS (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Jun. 30, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Held to maturity - Fair Value	$ 215,559	$ 228,323
Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Held to maturity - Fair Value	0	0
Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Held to maturity - Fair Value	80,319	83,441
Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Held to maturity - Fair Value	135,240	144,882
Nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	26,692	31,048
Other real estate owned and foreclosed assets, fair value	422	1,240
Nonrecurring \| Single family real estate secured
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other real estate owned and foreclosed assets, fair value	75	463
Nonrecurring \| Multifamily real estate secured
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other real estate owned and foreclosed assets, fair value	321	762
Nonrecurring \| Auto and RV secured
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other real estate owned and foreclosed assets, fair value	26	15
Nonrecurring \| Non-agency RMBS
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Held to maturity - Fair Value	84,552	88,094
Nonrecurring \| Mortgage
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	21,168	23,059
Nonrecurring \| Home equity
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	7	9
Nonrecurring \| Multi-family real estate secured
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	4,845	5,399
Nonrecurring \| Commercial real estate secured
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	372	2,128
Nonrecurring \| Auto and RV secured
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	300	453
Nonrecurring \| Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	0	0
Other real estate owned and foreclosed assets, fair value	0	0
Nonrecurring \| Quoted Prices in Active Markets for Identical Assets (Level 1) \| Single family real estate secured
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other real estate owned and foreclosed assets, fair value	0	0
Nonrecurring \| Quoted Prices in Active Markets for Identical Assets (Level 1) \| Multifamily real estate secured
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other real estate owned and foreclosed assets, fair value	0	0
Nonrecurring \| Quoted Prices in Active Markets for Identical Assets (Level 1) \| Auto and RV secured
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other real estate owned and foreclosed assets, fair value	0	0
Nonrecurring \| Quoted Prices in Active Markets for Identical Assets (Level 1) \| Non-agency RMBS
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Held to maturity - Fair Value	0	0
Nonrecurring \| Quoted Prices in Active Markets for Identical Assets (Level 1) \| Mortgage
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	0	0
Nonrecurring \| Quoted Prices in Active Markets for Identical Assets (Level 1) \| Home equity
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	0	0
Nonrecurring \| Quoted Prices in Active Markets for Identical Assets (Level 1) \| Multi-family real estate secured
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	0	0
Nonrecurring \| Quoted Prices in Active Markets for Identical Assets (Level 1) \| Commercial real estate secured
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	0	0
Nonrecurring \| Quoted Prices in Active Markets for Identical Assets (Level 1) \| Auto and RV secured
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	0	0
Nonrecurring \| Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	0	0
Other real estate owned and foreclosed assets, fair value	0	0
Nonrecurring \| Significant Other Observable Inputs (Level 2) \| Single family real estate secured
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other real estate owned and foreclosed assets, fair value	0	0
Nonrecurring \| Significant Other Observable Inputs (Level 2) \| Multifamily real estate secured
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other real estate owned and foreclosed assets, fair value	0	0
Nonrecurring \| Significant Other Observable Inputs (Level 2) \| Auto and RV secured
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other real estate owned and foreclosed assets, fair value	0	0
Nonrecurring \| Significant Other Observable Inputs (Level 2) \| Non-agency RMBS
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Held to maturity - Fair Value	0	0
Nonrecurring \| Significant Other Observable Inputs (Level 2) \| Mortgage
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	0	0
Nonrecurring \| Significant Other Observable Inputs (Level 2) \| Home equity
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	0	0
Nonrecurring \| Significant Other Observable Inputs (Level 2) \| Multi-family real estate secured
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	0	0
Nonrecurring \| Significant Other Observable Inputs (Level 2) \| Commercial real estate secured
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	0	0
Nonrecurring \| Significant Other Observable Inputs (Level 2) \| Auto and RV secured
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	0	0
Nonrecurring \| Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	26,692	31,048
Other real estate owned and foreclosed assets, fair value	422	1,240
Nonrecurring \| Significant Unobservable Inputs (Level 3) \| Non-agency RMBS
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Held to maturity - Fair Value	84,552	88,094
Sales comparison approach \| Nonrecurring \| Significant Unobservable Inputs (Level 3) \| Single family real estate secured
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other real estate owned and foreclosed assets, fair value	75	463
Sales comparison approach \| Nonrecurring \| Significant Unobservable Inputs (Level 3) \| Auto and RV secured
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other real estate owned and foreclosed assets, fair value	26	15
Sales comparison approach \| Nonrecurring \| Significant Unobservable Inputs (Level 3) \| Mortgage
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	21,168	23,059
Sales comparison approach \| Nonrecurring \| Significant Unobservable Inputs (Level 3) \| Home equity
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	7	9
Sales comparison approach \| Nonrecurring \| Significant Unobservable Inputs (Level 3) \| Auto and RV secured
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	300	453
Sales comparison and income/discounted cash flow \| Nonrecurring \| Significant Unobservable Inputs (Level 3) \| Multifamily real estate secured
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other real estate owned and foreclosed assets, fair value	321	762
Sales comparison and income/discounted cash flow \| Nonrecurring \| Significant Unobservable Inputs (Level 3) \| Multi-family real estate secured
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	4,845	5,399
Sales comparison and income/discounted cash flow \| Nonrecurring \| Significant Unobservable Inputs (Level 3) \| Commercial real estate secured
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	$ 372	$ 2,128

FAIR VALUE - ASSETS MEASURED ON

FAIR VALUE - ASSETS MEASURED ON NONRECURRING BASIS NARRATIVE (Details) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Jun. 30, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Related Allowance	$ 279,000		$ 279,000		$ 273,000
Securities held to maturity	215,559,000		215,559,000		228,323,000
Held-to-maturity securities, impairment charged to income			0		0
Held-to-maturity securities, impairment charged to other comprehensive income	1,014,000	$ 789,000	1,638,000	$ 3,150,000
Carrying Amount
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities held to maturity	215,963,000		215,963,000		225,555,000
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities held to maturity	135,240,000		135,240,000		144,882,000
Nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	26,692,000		26,692,000		31,048,000
Related Allowance	279,000		279,000
Other real estate owned and foreclosed assets, fair value	422,000		422,000		1,240,000
Held-to-maturity securities, impairment charged to other comprehensive income			3,496,000	2,920,000
Nonrecurring \| Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	26,692,000		26,692,000		31,048,000
Other real estate owned and foreclosed assets, fair value	422,000		422,000		1,240,000
Nonrecurring \| Nonperforming
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, write-off			104,000
Impaired loans, additional provision for loan losses			4,619,000
Nonrecurring \| Other real estate owned
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, write-off	11,000
Nonrecurring \| Non-agency RMBS
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities held to maturity	84,552,000		84,552,000		88,094,000
Held-to-maturity securities, impairment charged to income			102,000	$ 1,283,000
Nonrecurring \| Non-agency RMBS \| Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities held to maturity	84,552,000		84,552,000		88,094,000
Nonrecurring \| Non-agency RMBS \| Level 3 \| Carrying Amount
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities held to maturity	85,092,000		85,092,000
Nonrecurring \| Non-agency RMBS \| Level 3 \| Discounted cash flow
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities held to maturity	$ 84,552,000		$ 84,552,000		$ 88,094,000

FAIR VALUE - LOANS HELD-FOR-SAL

FAIR VALUE - LOANS HELD-FOR-SALE (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Jun. 30, 2015
Fair Value Disclosures [Abstract]
Aggregate fair value	$ 24,730		$ 24,730		$ 25,430
Contractual balance	24,239		24,239		24,886
Gain	491		491		$ 544
Interest income	161	$ 149	433	$ 303
Change in fair value	(286)	(152)	(1,292)	(130)
Total Change in fair value	$ (125)	$ (3)	$ (859)	$ 173

FAIR VALUE - QUANTITATIVE INF34

FAIR VALUE - QUANTITATIVE INFORMATION FOR LEVEL 3 FAIR VALUE MEASURMENTS (NONRECURRING) (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Dec. 31, 2015	Jun. 30, 2015
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Held to maturity - Fair Value	$ 215,559	$ 228,323
Level 3
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Held to maturity - Fair Value	$ 135,240	144,882
Level 3 \| Non-agency RMBS \| Minimum \| Discounted cash flow
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Loss severity	15.00%
Level 3 \| Non-agency RMBS \| Maximum \| Discounted cash flow
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Loss severity	66.60%
Nonrecurring
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans, fair value	$ 26,692	31,048
Other real estate owned and foreclosed assets, fair value	422	1,240
Nonrecurring \| Single family real estate secured
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Other real estate owned and foreclosed assets, fair value	75	463
Nonrecurring \| Multifamily real estate secured
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Other real estate owned and foreclosed assets, fair value	321	762
Nonrecurring \| Auto and RV secured
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Other real estate owned and foreclosed assets, fair value	26	15
Nonrecurring \| Non-agency RMBS
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Held to maturity - Fair Value	84,552	88,094
Nonrecurring \| Mortgage
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans, fair value	21,168	23,059
Nonrecurring \| Home equity
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans, fair value	7	9
Nonrecurring \| Multi-family real estate secured
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans, fair value	4,845	5,399
Nonrecurring \| Commercial real estate secured
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans, fair value	372	2,128
Nonrecurring \| Auto and RV secured
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans, fair value	300	453
Nonrecurring \| Level 3
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans, fair value	26,692	31,048
Other real estate owned and foreclosed assets, fair value	422	1,240
Nonrecurring \| Level 3 \| Single family real estate secured \| Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Other real estate owned and foreclosed assets, fair value	$ 75	$ 463
Nonrecurring \| Level 3 \| Single family real estate secured \| Minimum \| Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Comparability Adjustments	(2.20%)	(20.30%)
Nonrecurring \| Level 3 \| Single family real estate secured \| Maximum \| Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Comparability Adjustments	11.20%	12.10%
Nonrecurring \| Level 3 \| Single family real estate secured \| Weighted Average \| Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Comparability Adjustments	4.50%	(4.10%)
Nonrecurring \| Level 3 \| Multifamily real estate secured \| Sales comparison and income/discounted cash flow
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Other real estate owned and foreclosed assets, fair value	$ 321	$ 762
Nonrecurring \| Level 3 \| Multifamily real estate secured \| Minimum \| Sales comparison and income/discounted cash flow
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Comparability Adjustments	(36.20%)	(37.10%)
Nonrecurring \| Level 3 \| Multifamily real estate secured \| Maximum \| Sales comparison and income/discounted cash flow
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Comparability Adjustments	4.30%	48.60%
Nonrecurring \| Level 3 \| Multifamily real estate secured \| Weighted Average \| Sales comparison and income/discounted cash flow
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Comparability Adjustments	(20.20%)	5.70%
Nonrecurring \| Level 3 \| Auto and RV secured \| Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Other real estate owned and foreclosed assets, fair value	$ 26	$ 15
Nonrecurring \| Level 3 \| Auto and RV secured \| Minimum \| Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Comparability Adjustments	0.00%	0.00%
Nonrecurring \| Level 3 \| Auto and RV secured \| Maximum \| Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Comparability Adjustments	20.50%	20.70%
Nonrecurring \| Level 3 \| Auto and RV secured \| Weighted Average \| Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Comparability Adjustments	10.30%	10.30%
Nonrecurring \| Level 3 \| Non-agency RMBS
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Held to maturity - Fair Value	$ 84,552	$ 88,094
Nonrecurring \| Level 3 \| Non-agency RMBS \| Discounted cash flow
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Held to maturity - Fair Value	$ 84,552	$ 88,094
Nonrecurring \| Level 3 \| Non-agency RMBS \| Minimum \| Discounted cash flow
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Constant Prepayment Rate	2.50%	5.00%
Constant Default Rate	1.50%	1.50%
Loss severity	15.00%	15.00%
Discount Rate over Treasury/LIBOR	2.80%	3.00%
Nonrecurring \| Level 3 \| Non-agency RMBS \| Maximum \| Discounted cash flow
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Constant Prepayment Rate	23.90%	43.80%
Constant Default Rate	10.80%	14.60%
Loss severity	65.60%	65.50%
Discount Rate over Treasury/LIBOR	7.30%	6.90%
Nonrecurring \| Level 3 \| Non-agency RMBS \| Weighted Average \| Discounted cash flow
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Constant Prepayment Rate	10.50%	10.50%
Constant Default Rate	4.50%	6.70%
Loss severity	54.20%	54.40%
Discount Rate over Treasury/LIBOR	5.50%	5.80%
Nonrecurring \| Level 3 \| Mortgage \| Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans, fair value	$ 21,168	$ 23,059
Nonrecurring \| Level 3 \| Mortgage \| Minimum \| Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Comparability Adjustments	(40.60%)	(52.50%)
Nonrecurring \| Level 3 \| Mortgage \| Maximum \| Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Comparability Adjustments	71.10%	53.70%
Nonrecurring \| Level 3 \| Mortgage \| Weighted Average \| Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Comparability Adjustments	18.10%	3.90%
Nonrecurring \| Level 3 \| Home equity \| Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans, fair value	$ 7	$ 9
Nonrecurring \| Level 3 \| Home equity \| Minimum \| Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Comparability Adjustments	(9.70%)	(9.70%)
Nonrecurring \| Level 3 \| Home equity \| Maximum \| Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Comparability Adjustments	5.50%	5.50%
Nonrecurring \| Level 3 \| Home equity \| Weighted Average \| Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Comparability Adjustments	(2.10%)	(2.10%)
Nonrecurring \| Level 3 \| Multi-family real estate secured \| Sales comparison and income/discounted cash flow
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans, fair value	$ 4,845	$ 5,399
Nonrecurring \| Level 3 \| Multi-family real estate secured \| Minimum \| Sales comparison and income/discounted cash flow
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Comparability Adjustments	(39.50%)	(73.40%)
Nonrecurring \| Level 3 \| Multi-family real estate secured \| Maximum \| Sales comparison and income/discounted cash flow
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Comparability Adjustments	41.80%	80.60%
Nonrecurring \| Level 3 \| Multi-family real estate secured \| Weighted Average \| Sales comparison and income/discounted cash flow
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Comparability Adjustments	(5.80%)	(8.30%)
Nonrecurring \| Level 3 \| Commercial real estate secured \| Sales comparison and income/discounted cash flow
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans, fair value	$ 372	$ 2,128
Nonrecurring \| Level 3 \| Commercial real estate secured \| Minimum \| Sales comparison and income/discounted cash flow
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Comparability Adjustments	(33.00%)	(66.50%)
Nonrecurring \| Level 3 \| Commercial real estate secured \| Maximum \| Sales comparison and income/discounted cash flow
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Comparability Adjustments	(10.70%)	81.10%
Nonrecurring \| Level 3 \| Commercial real estate secured \| Weighted Average \| Sales comparison and income/discounted cash flow
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Comparability Adjustments	(21.90%)	(10.30%)
Nonrecurring \| Level 3 \| Auto and RV secured \| Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans, fair value	$ 300	$ 453
Nonrecurring \| Level 3 \| Auto and RV secured \| Minimum \| Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Comparability Adjustments	0.00%	0.00%
Nonrecurring \| Level 3 \| Auto and RV secured \| Maximum \| Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Comparability Adjustments	24.70%	66.20%
Nonrecurring \| Level 3 \| Auto and RV secured \| Weighted Average \| Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Comparability Adjustments	10.30%	10.80%

FAIR VALUE - FAIR VALUE BY BALA

FAIR VALUE - FAIR VALUE BY BALANCE SHEET GROUPING (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Jun. 30, 2015
Financial assets:
Securities - trading	$ 7,706	$ 7,832
Securities - available for sale	228,389	163,361
Securities held to maturity	215,559	228,323
Loans held for sale	24,730	25,430
Loans held for sale, lower of cost or fair value	65,429	77,891
Mortgage servicing rights	3,475
Carrying Amount
Financial assets:
Cash and cash equivalents	284,431	222,874
Securities - trading	7,706	7,832
Securities - available for sale	228,389	163,361
Securities held to maturity	215,963	225,555
Loans held for sale	24,730	25,430
Loans held for sale, lower of cost or fair value	65,429	77,891
Loans held for investment—net	5,645,272	4,928,618
Accrued interest receivable	19,060	20,268
Mortgage servicing rights		2,098
Financial liabilities:
Time deposits and savings	5,199,966	4,451,917
Securities sold under agreements to repurchase	35,000	35,000
Advances from the Federal Home Loan Bank	758,000	753,000
Subordinated debentures	5,155	5,155
Accrued interest payable	1,262	1,266
Total Fair Value
Financial assets:
Cash and cash equivalents	284,431	222,874
Securities - trading	7,706	7,832
Securities - available for sale	228,389	163,361
Securities held to maturity	215,559	228,323
Loans held for sale	24,730	25,430
Loans held for sale, lower of cost or fair value	66,342	77,932
Loans held for investment—net	5,808,598	5,011,596
Accrued interest receivable	19,060	20,268
Mortgage servicing rights	3,475	2,098
Financial liabilities:
Time deposits and savings	4,946,555	4,385,034
Securities sold under agreements to repurchase	36,823	37,489
Advances from the Federal Home Loan Bank	763,247	757,265
Subordinated debentures	5,155	5,155
Accrued interest payable	1,262	1,266
Level 1
Financial assets:
Cash and cash equivalents	284,431	222,874
Securities - trading	0	0
Securities - available for sale	0	0
Securities held to maturity	0	0
Loans held for sale	0	0
Loans held for sale, lower of cost or fair value	0	0
Loans held for investment—net	0	0
Accrued interest receivable	0	0
Mortgage servicing rights	0	0
Financial liabilities:
Time deposits and savings	0	0
Securities sold under agreements to repurchase	0	0
Advances from the Federal Home Loan Bank	0	0
Subordinated debentures	0	0
Accrued interest payable	0	0
Level 2
Financial assets:
Cash and cash equivalents	0	0
Securities - trading	0	0
Securities - available for sale	207,253	136,728
Securities held to maturity	80,319	83,441
Loans held for sale	24,730	25,430
Loans held for sale, lower of cost or fair value	0	0
Loans held for investment—net	0	0
Accrued interest receivable	0	0
Mortgage servicing rights	0	0
Financial liabilities:
Time deposits and savings	4,946,555	4,385,034
Securities sold under agreements to repurchase	36,823	37,489
Advances from the Federal Home Loan Bank	763,247	757,265
Subordinated debentures	5,155	5,155
Accrued interest payable	1,262	1,266
Level 3
Financial assets:
Cash and cash equivalents	0	0
Securities - trading	7,706	7,832
Securities - available for sale	21,136	26,633
Securities held to maturity	135,240	144,882
Loans held for sale	0	0
Loans held for sale, lower of cost or fair value	66,342	77,932
Loans held for investment—net	5,808,598	5,011,596
Accrued interest receivable	19,060	20,268
Mortgage servicing rights	3,475	2,098
Financial liabilities:
Time deposits and savings	0	0
Securities sold under agreements to repurchase	0	0
Advances from the Federal Home Loan Bank	0	0
Subordinated debentures	0	0
Accrued interest payable	$ 0	$ 0

SECURITIES - AMORTIZED COST, CA

SECURITIES - AMORTIZED COST, CARRYING AMOUNT AND FAIR VALUE DISCLOSURES (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Jun. 30, 2015
Marketable Securities [Line Items]
Securities - trading	$ 7,706	$ 7,832
Available-for-sale Securities, Amortized Cost Basis	226,773	159,484
Available-for-sale Securities, Unrealized Gains	3,329	5,197
Available-for-sale Securities, Unrealized Losses	(1,713)	(1,320)
Securities - available for sale	228,389	163,361
Held-to-maturity securities, carrying value	215,963	225,555
Held-to-maturity Securities, Accumulated Unrecognized Holding Gain	12,825	15,517
Held-to-maturity Securities, Accumulated Unrecognized Holding Loss	(13,229)	(12,749)
Held to maturity - Fair Value	215,559	228,323
Mortgage-backed securities (RMBS)
Marketable Securities [Line Items]
Held-to-maturity securities, carrying value	180,026	189,579
Held-to-maturity Securities, Accumulated Unrecognized Holding Gain	8,312	11,443
Held-to-maturity Securities, Accumulated Unrecognized Holding Loss	(13,229)	(12,749)
Held to maturity - Fair Value	175,109	188,273
Other debt
Marketable Securities [Line Items]
Held-to-maturity securities, carrying value	35,937	35,976
Held-to-maturity Securities, Accumulated Unrecognized Holding Gain	4,513	4,074
Held-to-maturity Securities, Accumulated Unrecognized Holding Loss	0	0
Held to maturity - Fair Value	40,450	40,050
Mortgage-backed securities (RMBS)
Marketable Securities [Line Items]
Securities - trading	0	0
Available-for-sale Securities, Amortized Cost Basis	54,840	67,537
Available-for-sale Securities, Unrealized Gains	2,195	3,536
Available-for-sale Securities, Unrealized Losses	(785)	(949)
Securities - available for sale	56,250	70,124
Held-to-maturity securities, carrying value	140,908
U.S. agencies
Marketable Securities [Line Items]
Securities - trading	0	0
Available-for-sale Securities, Amortized Cost Basis	35,565	43,738
Available-for-sale Securities, Unrealized Gains	334	701
Available-for-sale Securities, Unrealized Losses	(785)	(948)
Securities - available for sale	35,114	43,491
Non-agency RMBS
Marketable Securities [Line Items]
Securities - trading	0	0
Available-for-sale Securities, Amortized Cost Basis	19,275	23,799
Available-for-sale Securities, Unrealized Gains	1,861	2,835
Available-for-sale Securities, Unrealized Losses	0	(1)
Securities - available for sale	21,136	26,633
Other debt
Marketable Securities [Line Items]
Securities - trading	7,706	7,832
Available-for-sale Securities, Amortized Cost Basis	171,933	91,947
Available-for-sale Securities, Unrealized Gains	1,134	1,661
Available-for-sale Securities, Unrealized Losses	(928)	(371)
Securities - available for sale	172,139	93,237
Municipal
Marketable Securities [Line Items]
Securities - trading	0	0
Available-for-sale Securities, Amortized Cost Basis	30,877	21,731
Available-for-sale Securities, Unrealized Gains	222	390
Available-for-sale Securities, Unrealized Losses	(86)	(86)
Securities - available for sale	31,013	22,035
Non-agency
Marketable Securities [Line Items]
Securities - trading	7,706	7,832
Available-for-sale Securities, Amortized Cost Basis	141,056	70,216
Available-for-sale Securities, Unrealized Gains	912	1,271
Available-for-sale Securities, Unrealized Losses	(842)	(285)
Securities - available for sale	$ 141,126	$ 71,202

SECURITIES - NARRATIVE (Details

SECURITIES - NARRATIVE (Details)	3 Months Ended		6 Months Ended		12 Months Ended
SECURITIES - NARRATIVE (Details)	Dec. 31, 2015USD ($)security	Dec. 31, 2014USD ($)	Dec. 31, 2015USD ($)security	Dec. 31, 2014USD ($)	Jun. 30, 2015USD ($)
Marketable Securities [Line Items]
Securities - available for sale	$ 228,389,000		$ 228,389,000		$ 163,361,000
Held-to-maturity Securities, Transfers [Abstract]
Held-to-maturity, Carrying Amount	215,963,000		215,963,000		225,555,000
Debt securities available-for-sale and held-to-maturity pledged to secure borrowings	40,009,000		40,009,000		39,014,000
Certain Loans Acquired in Transfer Accounted for as Debt Securities [Abstract]
Held-to-maturity securities, impairment charged to income			0		0
Non-agency RMBS
Marketable Securities [Line Items]
Securities - available for sale	21,136,000		21,136,000		26,633,000
RMBS, Super Senior Securities
Marketable Securities [Line Items]
Securities - available for sale	$ 12,766,000		$ 12,766,000
Available-for-sale, Number of Securities \| security	17		17
Held-to-maturity Securities, Transfers [Abstract]
Held-to-maturity, Carrying Amount	$ 138,704,000		$ 138,704,000
Held-to-maturity, Number of Securities \| security	76		76
RMBS, Senior Structured Whole Loan Securities
Marketable Securities [Line Items]
Securities - available for sale	$ 8,349,000		$ 8,349,000
Available-for-sale, Number of Securities \| security	1		1
RMBS, Mezzanine Z-Tranche Securities
Marketable Securities [Line Items]
Securities - available for sale	$ 21,000		$ 21,000
Available-for-sale, Number of Securities \| security	2		2
Mortgage-backed securities (RMBS)
Marketable Securities [Line Items]
Securities - available for sale	$ 56,250,000		$ 56,250,000		70,124,000
Held-to-maturity Securities, Transfers [Abstract]
Held-to-maturity, Carrying Amount	140,908,000		140,908,000
RMBS, Senior-Support Securities
Held-to-maturity Securities, Transfers [Abstract]
Held-to-maturity, Carrying Amount	$ 2,204,000		$ 2,204,000
Held-to-maturity, Number of Securities \| security	1		1
Certain Loans Acquired in Transfer Accounted for as Debt Securities [Abstract]
Number of securities account for as debt security \| security	1		1
Cost of securities acquired in transfer	$ 17,740,000		$ 17,740,000
Carrying amount of securities acquired in transfer	30,560,000		30,560,000
Accretable yield of securities acquired in transfer, forecasted	9,015,000		9,015,000
Nonaccretable yield of securities acquired in transfer, forecasted	3,805,000		3,805,000
Balance of securities acquired in transfer	0		0
Amortizable premium of securities acquired in transfer, forecasted			0
Nonamortizable premium of securities acquired in transfer, forecasted			2,472,000
Non-agency RMBS
Marketable Securities [Line Items]
Other than Temporary Impairment, Credit Losses Recognized in Earnings, Additions, Additional Credit Losses	23,000	$ 285,000	42,000	$ 1,458,000
Held-to-maturity Securities, Transfers [Abstract]
Held-to-maturity, Carrying Amount	$ 140,908,000		$ 140,908,000		$ 147,586,000

SECURITIES - SCHEDULE OF UNREAL

SECURITIES - SCHEDULE OF UNREALIZED LOSS ON INVESTMENTS (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Jun. 30, 2015
Available-for-sale securities in loss position for
Available-for-sale securities in loss position for less than 12 months, Fair Value	$ 89,155	$ 22,102
Available-for-sale securities in loss position, Gross Unrealized Losses	(792)	(374)
Available-for-sale securities in loss position for more than 12 months, Fair Value	25,888	24,974
Available-for-sale securities in loss position for more than 12 months, Gross Unrealized Losses	(921)	(946)
Available-for-sale securities in loss position, Total, Fair Value	115,043	47,076
Available-for-sale securities in loss position, Gross Unrealized Losses	(1,713)	(1,320)
Held-to-maturity securities in loss position for
Held-to-maturity securities in loss position for less than 12 months, Fair Value	13,813	23,450
Held-to-maturity securities in loss position for less than 12 months, Gross Unrealized Losses	(846)	(1,802)
Held-to-maturity securities in loss position for more than 12 months, Fair Value	75,183	67,090
Held-to-maturity securities in loss position for more than 12 months, Gross Unrealized Losses	(12,383)	(10,947)
Held-to-maturity securities in loss position, Total, Fair Value	88,996	90,540
Held-to-maturity securities in loss position, Gross Unrealized Losses	(13,229)	(12,749)
Mortgage-backed securities (RMBS)
Available-for-sale securities in loss position for
Available-for-sale securities in loss position for less than 12 months, Fair Value	0	1,644
Available-for-sale securities in loss position, Gross Unrealized Losses	0	(3)
Available-for-sale securities in loss position for more than 12 months, Fair Value	23,612	24,974
Available-for-sale securities in loss position for more than 12 months, Gross Unrealized Losses	(785)	(946)
Available-for-sale securities in loss position, Total, Fair Value	23,612	26,618
Available-for-sale securities in loss position, Gross Unrealized Losses	(785)	(949)
Held-to-maturity securities in loss position for
Held-to-maturity securities in loss position for less than 12 months, Fair Value	13,813	23,450
Held-to-maturity securities in loss position for less than 12 months, Gross Unrealized Losses	(846)	(1,802)
Held-to-maturity securities in loss position for more than 12 months, Fair Value	75,183	67,090
Held-to-maturity securities in loss position for more than 12 months, Gross Unrealized Losses	(12,383)	(10,947)
Held-to-maturity securities in loss position, Total, Fair Value	88,996	90,540
Held-to-maturity securities in loss position, Gross Unrealized Losses	(13,229)	(12,749)
U.S. agencies
Available-for-sale securities in loss position for
Available-for-sale securities in loss position for less than 12 months, Fair Value	0	369
Available-for-sale securities in loss position, Gross Unrealized Losses	0	(2)
Available-for-sale securities in loss position for more than 12 months, Fair Value	23,612	24,974
Available-for-sale securities in loss position for more than 12 months, Gross Unrealized Losses	(785)	(946)
Available-for-sale securities in loss position, Total, Fair Value	23,612	25,343
Available-for-sale securities in loss position, Gross Unrealized Losses	(785)	(948)
Held-to-maturity securities in loss position for
Held-to-maturity securities in loss position for less than 12 months, Fair Value	149	0
Held-to-maturity securities in loss position for less than 12 months, Gross Unrealized Losses	(1)	0
Held-to-maturity securities in loss position for more than 12 months, Fair Value	0	0
Held-to-maturity securities in loss position for more than 12 months, Gross Unrealized Losses	0	0
Held-to-maturity securities in loss position, Total, Fair Value	149	0
Held-to-maturity securities in loss position, Gross Unrealized Losses	(1)	0
Non-agency RMBS
Available-for-sale securities in loss position for
Available-for-sale securities in loss position for less than 12 months, Fair Value	0	1,275
Available-for-sale securities in loss position, Gross Unrealized Losses	0	(1)
Available-for-sale securities in loss position for more than 12 months, Fair Value	0	0
Available-for-sale securities in loss position for more than 12 months, Gross Unrealized Losses	0	0
Available-for-sale securities in loss position, Total, Fair Value	0	1,275
Available-for-sale securities in loss position, Gross Unrealized Losses	0	(1)
Held-to-maturity securities in loss position for
Held-to-maturity securities in loss position for less than 12 months, Fair Value	13,664	23,450
Held-to-maturity securities in loss position for less than 12 months, Gross Unrealized Losses	(845)	(1,802)
Held-to-maturity securities in loss position for more than 12 months, Fair Value	75,183	67,090
Held-to-maturity securities in loss position for more than 12 months, Gross Unrealized Losses	(12,383)	(10,947)
Held-to-maturity securities in loss position, Total, Fair Value	88,847	90,540
Held-to-maturity securities in loss position, Gross Unrealized Losses	(13,228)	(12,749)
Other debt
Available-for-sale securities in loss position for
Available-for-sale securities in loss position for less than 12 months, Fair Value	89,155	20,458
Available-for-sale securities in loss position, Gross Unrealized Losses	(792)	(371)
Available-for-sale securities in loss position for more than 12 months, Fair Value	2,276	0
Available-for-sale securities in loss position for more than 12 months, Gross Unrealized Losses	(136)	0
Available-for-sale securities in loss position, Total, Fair Value	91,431	20,458
Available-for-sale securities in loss position, Gross Unrealized Losses	(928)	(371)
Held-to-maturity securities in loss position for
Held-to-maturity securities in loss position for less than 12 months, Fair Value	0	0
Held-to-maturity securities in loss position for less than 12 months, Gross Unrealized Losses	0	0
Held-to-maturity securities in loss position for more than 12 months, Fair Value	0	0
Held-to-maturity securities in loss position for more than 12 months, Gross Unrealized Losses	0	0
Held-to-maturity securities in loss position, Total, Fair Value	0	0
Held-to-maturity securities in loss position, Gross Unrealized Losses	0	0
Municipal Debt
Available-for-sale securities in loss position for
Available-for-sale securities in loss position for less than 12 months, Fair Value	20,507	1,358
Available-for-sale securities in loss position, Gross Unrealized Losses	(86)	(86)
Available-for-sale securities in loss position for more than 12 months, Fair Value	0	0
Available-for-sale securities in loss position for more than 12 months, Gross Unrealized Losses	0	0
Available-for-sale securities in loss position, Total, Fair Value	20,507	1,358
Available-for-sale securities in loss position, Gross Unrealized Losses	(86)	(86)
Held-to-maturity securities in loss position for
Held-to-maturity securities in loss position for less than 12 months, Fair Value	0	0
Held-to-maturity securities in loss position for less than 12 months, Gross Unrealized Losses	0	0
Held-to-maturity securities in loss position for more than 12 months, Fair Value	0	0
Held-to-maturity securities in loss position for more than 12 months, Gross Unrealized Losses	0	0
Held-to-maturity securities in loss position, Total, Fair Value	0	0
Held-to-maturity securities in loss position, Gross Unrealized Losses	0	0
Non-agency
Available-for-sale securities in loss position for
Available-for-sale securities in loss position for less than 12 months, Fair Value	68,648	19,100
Available-for-sale securities in loss position, Gross Unrealized Losses	(706)	(285)
Available-for-sale securities in loss position for more than 12 months, Fair Value	2,276	0
Available-for-sale securities in loss position for more than 12 months, Gross Unrealized Losses	(136)	0
Available-for-sale securities in loss position, Total, Fair Value	70,924	19,100
Available-for-sale securities in loss position, Gross Unrealized Losses	(842)	(285)
Held-to-maturity securities in loss position for
Held-to-maturity securities in loss position for less than 12 months, Fair Value	0	0
Held-to-maturity securities in loss position for less than 12 months, Gross Unrealized Losses	0	0
Held-to-maturity securities in loss position for more than 12 months, Fair Value	0	0
Held-to-maturity securities in loss position for more than 12 months, Gross Unrealized Losses	0	0
Held-to-maturity securities in loss position, Total, Fair Value	0	0
Held-to-maturity securities in loss position, Gross Unrealized Losses	$ 0	$ 0

SECURITIES - OTHER THAN TEMPORA

SECURITIES - OTHER THAN TEMPORARY IMPAIRMENT, CREDIT LOSSES RECOGNIZED IN EARNINGS (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2015USD ($)security	Dec. 31, 2014USD ($)	Dec. 31, 2015USD ($)security	Dec. 31, 2014USD ($)	Jun. 30, 2015security
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Number of securities in a continuous loss position \| security	38		38		32
Non-agency RMBS
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Roll Forward]
Beginning balance	$ (20,621)	$ (19,351)	$ (20,503)	$ (18,139)
Additions for the amounts related to credit loss for which an other-than-temporary impairment was not previously recognized	0	0	(99)	(39)
Increases to the amount related to the credit loss for which other-than-temporary impairment was previously recognized	(23)	(285)	(42)	(1,458)
Credit losses realized for securities sold	116	0	116	0
Ending balance	(20,528)	$ (19,636)	(20,528)	$ (19,636)
Carrying amount of securities with cumulative credit losses	$ 96,249		$ 96,249
Number of securities with other than temporary impairment \| security	2		2
Carrying value of securities with other than temporary impairment	$ 1,028		$ 1,028

SECURITIES - REALIZED GAIN (LOS

SECURITIES - REALIZED GAIN (LOSS) ON SALE OF SECURITIES (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014
Investments, Debt and Equity Securities [Abstract]
Available-for-sale Securities, Gross Realized Gains (Losses), Sale Proceeds	$ 10,069	$ 9,614	$ 10,069	$ 9,614
Gross realized gains	933	587	933	587
Gross realized losses	0	0	0	0
Net realized gain on securities	$ 933	$ 587	$ 933	$ 587

SECURITIES - UNREALIZED GAIN (L

SECURITIES - UNREALIZED GAIN (LOSS) ON INVESTMENTS (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Jun. 30, 2015
Investments, Debt and Equity Securities [Abstract]
Available-for-sale debt securities—net unrealized gains	$ 1,616	$ 3,877
Available-for-sale debt securities—non-credit related losses	(259)	(271)
Held-to-maturity debt securities—non-credit related losses	(15,100)	(18,597)
Subtotal	(13,743)	(14,991)
Tax benefit	4,700	5,592
Net unrealized loss on investment securities in accumulated other comprehensive loss	$ (9,043)	$ (9,399)

SECURITIES - INVESTMENTS CLASSI

SECURITIES - INVESTMENTS CLASSIFIED BY CONTRACTUAL MATURITY DATE (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Jun. 30, 2015
Marketable Securities [Line Items]
Trading Securities, total fair value	$ 7,706
Available-for-sale, Amortized Cost:
Available-for-sale, Amortized Cost	226,773
Available-for-sale, Fair Value:
Available-for-sale, Fair Value	228,389	$ 163,361
Held-to-maturity, Carrying Amount:
Held-to-maturity, Amortized Cost	215,963
Held-to-maturity, Fair Value:
Held to maturity - Fair Value	215,559	228,323
Mortgage-backed securities (RMBS)
Held-to-maturity, Fair Value:
Held to maturity - Fair Value	175,109	188,273
Other debt
Held-to-maturity, Carrying Amount:
Due within one year	1,014
Due one to five years	4,708
Due five to ten years	7,391
Due after ten years	22,824
Held-to-maturity, Amortized Cost	35,937
Held-to-maturity, Fair Value:
Due within one year	1,137
Due one to five years	5,280
Due five to ten years	8,292
Due after ten years	25,741
Held to maturity - Fair Value	40,450	40,050
Mortgage-backed securities (RMBS)
Available-for-sale, Fair Value:
Available-for-sale, Fair Value	56,250	70,124
U.S. agencies
Available-for-sale, Amortized Cost:
Due within one year	3,532
Due one to five years	10,929
Due five to ten years	8,693
Due after ten years	12,411
Available-for-sale, Amortized Cost	35,565
Available-for-sale, Fair Value:
Due within one year	3,451
Due one to five years	10,710
Due five to ten years	8,576
Due after ten years	12,377
Available-for-sale, Fair Value	35,114	43,491
Non-agency RMBS
Available-for-sale, Amortized Cost:
Due within one year	5,536
Due one to five years	9,251
Due five to ten years	2,625
Due after ten years	1,863
Available-for-sale, Amortized Cost	19,275
Available-for-sale, Fair Value:
Due within one year	5,933
Due one to five years	10,059
Due five to ten years	3,005
Due after ten years	2,139
Available-for-sale, Fair Value	21,136	26,633
Other debt
Marketable Securities [Line Items]
Trading Securities, Due after ten years	7,706
Trading Securities, total fair value	7,706
Available-for-sale, Amortized Cost:
Due within one year	33,822
Due one to five years	129,343
Due five to ten years	5,050
Due after ten years	3,718
Available-for-sale, Amortized Cost	171,933
Available-for-sale, Fair Value:
Due within one year	33,760
Due one to five years	129,571
Due five to ten years	5,066
Due after ten years	3,742
Available-for-sale, Fair Value	$ 172,139	$ 93,237

LOANS & ALLOWANCE FOR LOAN LO43

LOANS & ALLOWANCE FOR LOAN LOSSES - LOAN PORTFOLIO COMPOSITION (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	$ 5,715,083		$ 5,001,271
Allowance for loan losses	(35,071)	$ (31,078)	(28,327)	$ (23,187)	$ (20,495)	$ (18,373)
Unaccreted discounts and loan fees	(34,740)		(44,326)
Net Loans	5,645,272		4,928,618
Single family warehouse loans	176,330		122,003
Mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	3,371,974		2,980,795
Allowance for loan losses	(17,167)	(16,313)	(13,664)	(11,792)	(9,807)	(7,959)
Unaccreted discounts and loan fees	10,966		10,438
Home equity
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	3,418		3,604
Allowance for loan losses	(45)	(94)	(122)	(97)	(113)	(134)
Unaccreted discounts and loan fees	16		11
Warehouse & other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	519,564		385,413
Allowance for loan losses	(2,643)	(2,057)	(1,879)	(1,585)	(1,216)	(1,259)
Unaccreted discounts and loan fees	(185)		(83)
Multifamily real estate secured
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	1,202,987		1,185,531
Allowance for loan losses	(3,293)	(4,180)	(4,363)	(4,234)	(4,022)	(3,785)
Unaccreted discounts and loan fees	3,773		3,348
Commercial real estate secured
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	99,938		61,403
Allowance for loan losses	(736)	(961)	(1,103)	(985)	(965)	(1,035)
Unaccreted discounts and loan fees	441		96
Auto and RV secured
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	30,335		13,140
Allowance for loan losses	(1,840)	(1,339)	(953)	(1,053)	(1,160)	(812)
Unaccreted discounts and loan fees	403		149
Factoring
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	143,896		122,200
Allowance for loan losses	(359)	(342)	(292)	(270)	(311)	(279)
Unaccreted discounts and loan fees	(47,015)		(57,223)
Commercial & Industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	281,826		248,584
Allowance for loan losses	(6,602)	(5,663)	(5,882)	(3,153)	(2,882)	(3,048)
Unaccreted discounts and loan fees	(901)		(1,062)
Other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	61,145		601
Allowance for loan losses	(2,386)	$ (129)	(69)	$ (18)	$ (19)	$ (62)
Unaccreted discounts and loan fees	$ (2,238)		$ 0

LOANS & ALLOWANCE FOR LOAN LO44

LOANS & ALLOWANCE FOR LOAN LOSSES - ALLOWANCE FOR CREDIT LOSS DISCLOSURES (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)	Dec. 31, 2015USD ($)class	Dec. 31, 2014USD ($)	Jun. 30, 2015USD ($)
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	$ 5,688,391		$ 5,688,391		$ 4,970,223
Number of classes loans are divided for LTV analysis \| class			2
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period	31,078	$ 20,495	$ 28,327	$ 18,373
Provision for loan losses	3,400	2,900	5,800	5,400
Charge-offs	118	234	285	642
Recoveries	711	26	1,229	56
Balance, end of period	35,071	23,187	35,071	23,187
Mortgage
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	3,350,806		3,350,806		2,957,736
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period	16,313	9,807	13,664	7,959
Provision for loan losses	911	1,983	3,418	3,865
Charge-offs	61	3	77	40
Recoveries	4	5	162	8
Balance, end of period	17,167	11,792	17,167	11,792
Home equity
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	3,411		3,411		3,595
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period	94	113	122	134
Provision for loan losses	(60)	(19)	(96)	(43)
Charge-offs	1	0	2	0
Recoveries	12	3	21	6
Balance, end of period	45	97	45	97
Warehouse & other
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	519,564		519,564		385,413
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period	2,057	1,216	1,879	1,259
Provision for loan losses	586	369	764	326
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Balance, end of period	2,643	1,585	2,643	1,585
Multifamily real estate secured
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	1,198,142		1,198,142		1,180,132
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period	4,180	4,022	4,363	3,785
Provision for loan losses	(887)	212	(1,070)	749
Charge-offs	0	0	0	300
Recoveries	0	0	0	0
Balance, end of period	3,293	4,234	3,293	4,234
Commercial real estate secured
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	99,566		99,566		59,275
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period	961	965	1,103	1,035
Provision for loan losses	(895)	176	(1,349)	106
Charge-offs	0	156	0	156
Recoveries	670	0	982	0
Balance, end of period	736	985	736	985
Auto and RV secured
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	30,035		30,035		12,687
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period	1,339	1,160	953	812
Provision for loan losses	532	(50)	1,029	351
Charge-offs	56	75	206	146
Recoveries	25	18	64	36
Balance, end of period	1,840	1,053	1,840	1,053
Factoring
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	143,896		143,896		122,200
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period	342	311	292	279
Provision for loan losses	17	(41)	67	(9)
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Balance, end of period	359	270	359	270
Commercial & Industrial
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	281,826		281,826		248,584
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period	5,663	2,882	5,882	3,048
Provision for loan losses	939	271	720	105
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Balance, end of period	6,602	3,153	6,602	3,153
Other
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	61,145		61,145		$ 601
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period	129	19	69	62
Provision for loan losses	2,257	(1)	2,317	(50)
Charge-offs	0	0	0	0
Recoveries	0	0	0	6
Balance, end of period	2,386	$ 18	2,386	$ 18
LTV less than or equal to 60% \| Mortgage
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	1,819,843		1,819,843
LTV 61% - 70% \| Mortgage
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	1,231,936		1,231,936
LTV 61% - 70% \| Commercial real estate secured
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	37,257		37,257
LTV 71% - 80% \| Mortgage
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	298,822		298,822
LTV 71% - 80% \| Commercial real estate secured
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	4,729		4,729
LTV greater than 80% \| Mortgage
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	205		205
LTV greater than 80% \| Multifamily real estate secured
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	0		0
LTV less than or equal to 55% \| Multifamily real estate secured
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	521,999		521,999
LTV 56% - 65% \| Multifamily real estate secured
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	396,445		396,445
LTV 66% - 75% \| Multifamily real estate secured
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	265,266		265,266
LTV 76% - 80% \| Multifamily real estate secured
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	14,432		14,432
LTV less than or equal to 50% \| Commercial real estate secured
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	33,759		33,759
LTV 51% - 60% \| Commercial real estate secured
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	23,821		23,821
FICO greater than or equal to 770 \| Auto and RV secured
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	8,903		8,903
FICO 715 - 769 \| Auto and RV secured
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	11,206		11,206
FICO 700 - 714 \| Auto and RV secured
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	3,462		3,462
FICO 660 - 699 \| Auto and RV secured
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	4,526		4,526
FICO less than 660 \| Auto and RV secured
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	$ 1,938		$ 1,938

LOANS & ALLOWANCE FOR LOAN LO45

LOANS & ALLOWANCE FOR LOAN LOSSES - ALLOWANCE FOR LOAN LOSS BY PORTFOLIO CLASS (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period	$ 31,078	$ 20,495	$ 28,327	$ 18,373
Provision for loan losses	3,400	2,900	5,800	5,400
Charged-offs	(118)	(234)	(285)	(642)
Recoveries	711	26	1,229	56
Balance, end of period	35,071	23,187	35,071	23,187
Mortgage
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period	16,313	9,807	13,664	7,959
Provision for loan losses	911	1,983	3,418	3,865
Charged-offs	(61)	(3)	(77)	(40)
Recoveries	4	5	162	8
Balance, end of period	17,167	11,792	17,167	11,792
Home equity
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period	94	113	122	134
Provision for loan losses	(60)	(19)	(96)	(43)
Charged-offs	(1)	0	(2)	0
Recoveries	12	3	21	6
Balance, end of period	45	97	45	97
Warehouse & other
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period	2,057	1,216	1,879	1,259
Provision for loan losses	586	369	764	326
Charged-offs	0	0	0	0
Recoveries	0	0	0	0
Balance, end of period	2,643	1,585	2,643	1,585
Multifamily real estate secured
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period	4,180	4,022	4,363	3,785
Provision for loan losses	(887)	212	(1,070)	749
Charged-offs	0	0	0	(300)
Recoveries	0	0	0	0
Balance, end of period	3,293	4,234	3,293	4,234
Commercial real estate secured
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period	961	965	1,103	1,035
Provision for loan losses	(895)	176	(1,349)	106
Charged-offs	0	(156)	0	(156)
Recoveries	670	0	982	0
Balance, end of period	736	985	736	985
Auto and RV secured
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period	1,339	1,160	953	812
Provision for loan losses	532	(50)	1,029	351
Charged-offs	(56)	(75)	(206)	(146)
Recoveries	25	18	64	36
Balance, end of period	1,840	1,053	1,840	1,053
Factoring
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period	342	311	292	279
Provision for loan losses	17	(41)	67	(9)
Charged-offs	0	0	0	0
Recoveries	0	0	0	0
Balance, end of period	359	270	359	270
Commercial & Industrial
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period	5,663	2,882	5,882	3,048
Provision for loan losses	939	271	720	105
Charged-offs	0	0	0	0
Recoveries	0	0	0	0
Balance, end of period	6,602	3,153	6,602	3,153
Other
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period	129	19	69	62
Provision for loan losses	2,257	(1)	2,317	(50)
Charged-offs	0	0	0	0
Recoveries	0	0	0	6
Balance, end of period	$ 2,386	$ 18	$ 2,386	$ 18

LOANS & ALLOWANCE FOR LOAN LO46

LOANS & ALLOWANCE FOR LOAN LOSSES - LOANS INDIVIDUALLY EVALUATED FOR IMPAIRMENT (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Jun. 30, 2015
Financing Receivable, Evaluated Individually For Impairment, With Related Allowance Recorded [Abstract]
Unpaid Principal Balance	$ 31,311	$ 37,058
Principal Balance Adjustment	4,619	6,010
Unpaid Book Balance	26,692	31,048
Accrued Interest/Origination Fees	644	629
Recorded Investment	27,336	31,677
Related Allowance	$ 279	$ 273
Financing Receivable, Evaluated Individually For Impairment As a Percentage of Gross Loans [Abstract]
Unpaid Principal Balance, Ratio to All Loans	0.55%	0.74%
Principal Balance Adjustment, Ratio to All Loans	0.08%	0.12%
Unpaid Book Balance, Ratio to All Loans	0.47%	0.62%
Accrued Interest/Origination Fees, Ratio to All Loans	0.01%	0.01%
Recorded Investment, Ratio to All Loans	0.48%	0.63%
Related Allowance, Ratio to All Loans	0.00%	0.01%
Mortgage \| In-house originated
Financing Receivable, Evaluated Individually For Impairment, With No Related Allowance Recorded [Abstract]
Unpaid Principal Balance	$ 8,989	$ 7,000
Principal Balance Adjustment	699	657
Unpaid Book Balance	8,290	6,343
Accrued Interest/Origination Fees	380	129
Recorded Investment	8,670	6,472
Financing Receivable, Evaluated Individually For Impairment, With Related Allowance Recorded [Abstract]
Unpaid Principal Balance	6,481	10,142
Unpaid Book Balance	6,481	10,142
Accrued Interest/Origination Fees	83	0
Recorded Investment	6,564	10,142
Related Allowance	212	214
Mortgage \| Purchased
Financing Receivable, Evaluated Individually For Impairment, With No Related Allowance Recorded [Abstract]
Unpaid Principal Balance	5,924	6,318
Principal Balance Adjustment	1,961	2,083
Unpaid Book Balance	3,963	4,235
Accrued Interest/Origination Fees	83	157
Recorded Investment	4,046	4,392
Financing Receivable, Evaluated Individually For Impairment, With Related Allowance Recorded [Abstract]
Unpaid Principal Balance	2,434	2,339
Unpaid Book Balance	2,434	2,339
Accrued Interest/Origination Fees	3	9
Recorded Investment	2,437	2,348
Related Allowance	63	45
Multifamily real estate secured \| In-house originated
Financing Receivable, Evaluated Individually For Impairment, With Related Allowance Recorded [Abstract]
Unpaid Principal Balance	3,308	3,430
Unpaid Book Balance	3,308	3,430
Accrued Interest/Origination Fees	58	43
Recorded Investment	3,366	3,473
Related Allowance	2	2
Multifamily real estate secured \| Purchased
Financing Receivable, Evaluated Individually For Impairment, With No Related Allowance Recorded [Abstract]
Unpaid Principal Balance	2,545	2,569
Principal Balance Adjustment	1,008	921
Unpaid Book Balance	1,537	1,648
Accrued Interest/Origination Fees	0	0
Recorded Investment	1,537	1,648
Financing Receivable, Evaluated Individually For Impairment, With Related Allowance Recorded [Abstract]
Unpaid Principal Balance		321
Unpaid Book Balance		321
Accrued Interest/Origination Fees		20
Recorded Investment		341
Related Allowance		3
Commercial real estate secured \| Purchased
Financing Receivable, Evaluated Individually For Impairment, With No Related Allowance Recorded [Abstract]
Unpaid Principal Balance	629	3,662
Principal Balance Adjustment	257	1,534
Unpaid Book Balance	372	2,128
Accrued Interest/Origination Fees	21	254
Recorded Investment	393	2,382
Home equity \| In-house originated
Financing Receivable, Evaluated Individually For Impairment, With Related Allowance Recorded [Abstract]
Unpaid Principal Balance	7	9
Unpaid Book Balance	7	9
Accrued Interest/Origination Fees	0	0
Recorded Investment	7	9
Related Allowance	1	1
Auto and RV secured \| In-house originated
Financing Receivable, Evaluated Individually For Impairment, With No Related Allowance Recorded [Abstract]
Unpaid Principal Balance	957	1,097
Principal Balance Adjustment	694	815
Unpaid Book Balance	263	282
Accrued Interest/Origination Fees	14	13
Recorded Investment	277	295
Financing Receivable, Evaluated Individually For Impairment, With Related Allowance Recorded [Abstract]
Unpaid Principal Balance	37	171
Unpaid Book Balance	37	171
Accrued Interest/Origination Fees	2	4
Recorded Investment	39	175
Related Allowance	$ 1	$ 8

LOANS & ALLOWANCE FOR LOAN LO47

LOANS & ALLOWANCE FOR LOAN LOSSES - ALLOWANCE FOR LOAN LOSS BY PORTFOLIO SEGMENT (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Dec. 31, 2015	Jun. 30, 2015
Financing Receivable, Allowance for Credit Losses [Line Items]
Ending allowance balance attributable to loans, individually evaluated for impairment	$ 279	$ 273
Ending allowance balance attributable to loans, collectively evaluated for impairment	34,792	28,054
Total ending allowance balance	35,071	28,327
Loans individually evaluated for impairment	26,692	31,048
Loans collectively evaluated for impairment	5,688,391	4,970,223
Principal loan balance	5,715,083	5,001,271
Unaccreted discounts and loan fees	(34,740)	(44,326)
Accrued interest receivable	15,676	17,557
Total recorded investment in loans	$ 5,696,019	$ 4,974,502
Threshold period for TDRs to be considered performing	6 months	6 months
Mortgage
Financing Receivable, Allowance for Credit Losses [Line Items]
Ending allowance balance attributable to loans, individually evaluated for impairment	$ 275	$ 259
Ending allowance balance attributable to loans, collectively evaluated for impairment	16,892	13,405
Total ending allowance balance	17,167	13,664
Loans individually evaluated for impairment	21,168	23,059
Loans collectively evaluated for impairment	3,350,806	2,957,736
Principal loan balance	3,371,974	2,980,795
Unaccreted discounts and loan fees	10,966	10,438
Accrued interest receivable	8,605	10,530
Total recorded investment in loans	3,391,545	3,001,763
Home equity
Financing Receivable, Allowance for Credit Losses [Line Items]
Ending allowance balance attributable to loans, individually evaluated for impairment	1	1
Ending allowance balance attributable to loans, collectively evaluated for impairment	44	121
Total ending allowance balance	45	122
Loans individually evaluated for impairment	7	9
Loans collectively evaluated for impairment	3,411	3,595
Principal loan balance	3,418	3,604
Unaccreted discounts and loan fees	16	11
Accrued interest receivable	7	5
Total recorded investment in loans	3,441	3,620
Warehouse & other
Financing Receivable, Allowance for Credit Losses [Line Items]
Ending allowance balance attributable to loans, individually evaluated for impairment	0	0
Ending allowance balance attributable to loans, collectively evaluated for impairment	2,643	1,879
Total ending allowance balance	2,643	1,879
Loans individually evaluated for impairment	0	0
Loans collectively evaluated for impairment	519,564	385,413
Principal loan balance	519,564	385,413
Unaccreted discounts and loan fees	(185)	(83)
Accrued interest receivable	485	306
Total recorded investment in loans	519,864	385,636
Multifamily real estate secured
Financing Receivable, Allowance for Credit Losses [Line Items]
Ending allowance balance attributable to loans, individually evaluated for impairment	2	5
Ending allowance balance attributable to loans, collectively evaluated for impairment	3,291	4,358
Total ending allowance balance	3,293	4,363
Loans individually evaluated for impairment	4,845	5,399
Loans collectively evaluated for impairment	1,198,142	1,180,132
Principal loan balance	1,202,987	1,185,531
Unaccreted discounts and loan fees	3,773	3,348
Accrued interest receivable	3,999	4,862
Total recorded investment in loans	1,210,759	1,193,741
Commercial real estate secured
Financing Receivable, Allowance for Credit Losses [Line Items]
Ending allowance balance attributable to loans, individually evaluated for impairment	0	0
Ending allowance balance attributable to loans, collectively evaluated for impairment	736	1,103
Total ending allowance balance	736	1,103
Loans individually evaluated for impairment	372	2,128
Loans collectively evaluated for impairment	99,566	59,275
Principal loan balance	99,938	61,403
Unaccreted discounts and loan fees	441	96
Accrued interest receivable	214	145
Total recorded investment in loans	100,593	61,644
Auto and RV secured
Financing Receivable, Allowance for Credit Losses [Line Items]
Ending allowance balance attributable to loans, individually evaluated for impairment	1	8
Ending allowance balance attributable to loans, collectively evaluated for impairment	1,839	945
Total ending allowance balance	1,840	953
Loans individually evaluated for impairment	300	453
Loans collectively evaluated for impairment	30,035	12,687
Principal loan balance	30,335	13,140
Unaccreted discounts and loan fees	403	149
Accrued interest receivable	108	73
Total recorded investment in loans	30,846	13,362
Factoring
Financing Receivable, Allowance for Credit Losses [Line Items]
Ending allowance balance attributable to loans, individually evaluated for impairment	0	0
Ending allowance balance attributable to loans, collectively evaluated for impairment	359	292
Total ending allowance balance	359	292
Loans individually evaluated for impairment	0	0
Loans collectively evaluated for impairment	143,896	122,200
Principal loan balance	143,896	122,200
Unaccreted discounts and loan fees	(47,015)	(57,223)
Accrued interest receivable	440	477
Total recorded investment in loans	97,321	65,454
Commercial & Industrial
Financing Receivable, Allowance for Credit Losses [Line Items]
Ending allowance balance attributable to loans, individually evaluated for impairment	0	0
Ending allowance balance attributable to loans, collectively evaluated for impairment	6,602	5,882
Total ending allowance balance	6,602	5,882
Loans individually evaluated for impairment	0	0
Loans collectively evaluated for impairment	281,826	248,584
Principal loan balance	281,826	248,584
Unaccreted discounts and loan fees	(901)	(1,062)
Accrued interest receivable	1,229	1,159
Total recorded investment in loans	282,154	248,681
Other
Financing Receivable, Allowance for Credit Losses [Line Items]
Ending allowance balance attributable to loans, individually evaluated for impairment	0	0
Ending allowance balance attributable to loans, collectively evaluated for impairment	2,386	69
Total ending allowance balance	2,386	69
Loans individually evaluated for impairment	0	0
Loans collectively evaluated for impairment	61,145	601
Principal loan balance	61,145	601
Unaccreted discounts and loan fees	(2,238)	0
Accrued interest receivable	589	0
Total recorded investment in loans	$ 59,496	$ 601

LOANS & ALLOWANCE FOR LOAN LO48

LOANS & ALLOWANCE FOR LOAN LOSSES - NONPERFORMING LOANS (Details) - Nonperforming - USD ($) $ in Thousands	Dec. 31, 2015	Jun. 30, 2015
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans	$ 26,478	$ 30,831
Total nonaccrual loans secured by real estate	$ 26,178	$ 30,378
Nonperforming loans to total loans, percent	0.46%	0.62%
Mortgage \| In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans	$ 14,771	$ 16,485
Mortgage \| Purchased
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans	6,183	6,357
Home equity \| In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans	7	9
Multifamily real estate secured \| In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans	3,308	3,430
Multifamily real estate secured \| Purchased
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans	1,537	1,969
Commercial real estate secured \| Purchased
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans	372	2,128
Auto and RV secured
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans	$ 300	$ 453

LOANS & ALLOWANCE FOR LOAN LO49

LOANS & ALLOWANCE FOR LOAN LOSSES - NONPERFORMING LOANS NARRATIVE (Details) - loan	6 Months Ended	12 Months Ended
	Dec. 31, 2015	Jun. 30, 2015
Financing Receivable, Impaired [Line Items]
Number of loans past due	0
Ratio of nonperforming loans considered TDRs	12.74%	16.08%
Threshold period for TDRs to be considered performing	6 months	6 months
Non-performing, Single family first mortgages
Financing Receivable, Impaired [Line Items]
Ratio of non-performing loans that are single family mortgage	79.14%
Percentage of aggregate loan balance, after write down	65.29%

LOANS & ALLOWANCE FOR LOAN LO50

LOANS & ALLOWANCE FOR LOAN LOSSES - UNPAID PRINCIPAL BALANCE FOR PERFORMING AND NONPERFORMING (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Jun. 30, 2015
Financing Receivable, Recorded Investment [Line Items]
Gross loans	$ 5,715,083	$ 5,001,271
Performing
Financing Receivable, Recorded Investment [Line Items]
Gross loans	5,688,605	4,970,440
Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Gross loans	26,478	30,831
Mortgage
Financing Receivable, Recorded Investment [Line Items]
Gross loans	3,371,974	2,980,795
Mortgage \| Performing
Financing Receivable, Recorded Investment [Line Items]
Gross loans	3,351,020	2,957,953
Mortgage \| Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Gross loans	20,954	22,842
Home equity
Financing Receivable, Recorded Investment [Line Items]
Gross loans	3,418	3,604
Home equity \| Performing
Financing Receivable, Recorded Investment [Line Items]
Gross loans	3,411	3,595
Home equity \| Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Gross loans	7	9
Warehouse & other
Financing Receivable, Recorded Investment [Line Items]
Gross loans	519,564	385,413
Warehouse & other \| Performing
Financing Receivable, Recorded Investment [Line Items]
Gross loans	519,564	385,413
Warehouse & other \| Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Gross loans	0	0
Multifamily real estate secured
Financing Receivable, Recorded Investment [Line Items]
Gross loans	1,202,987	1,185,531
Multifamily real estate secured \| Performing
Financing Receivable, Recorded Investment [Line Items]
Gross loans	1,198,142	1,180,132
Multifamily real estate secured \| Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Gross loans	4,845	5,399
Commercial real estate secured
Financing Receivable, Recorded Investment [Line Items]
Gross loans	99,938	61,403
Commercial real estate secured \| Performing
Financing Receivable, Recorded Investment [Line Items]
Gross loans	99,566	59,275
Commercial real estate secured \| Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Gross loans	372	2,128
Auto and RV secured
Financing Receivable, Recorded Investment [Line Items]
Gross loans	30,335	13,140
Auto and RV secured \| Performing
Financing Receivable, Recorded Investment [Line Items]
Gross loans	30,035	12,687
Auto and RV secured \| Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Gross loans	300	453
Factoring
Financing Receivable, Recorded Investment [Line Items]
Gross loans	143,896	122,200
Factoring \| Performing
Financing Receivable, Recorded Investment [Line Items]
Gross loans	143,896	122,200
Factoring \| Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Gross loans	0	0
Commercial & Industrial
Financing Receivable, Recorded Investment [Line Items]
Gross loans	281,826	248,584
Commercial & Industrial \| Performing
Financing Receivable, Recorded Investment [Line Items]
Gross loans	281,826	248,584
Commercial & Industrial \| Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Gross loans	0	0
Other
Financing Receivable, Recorded Investment [Line Items]
Gross loans	61,145	601
Other \| Performing
Financing Receivable, Recorded Investment [Line Items]
Gross loans	61,145	601
Other \| Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Gross loans	$ 0	$ 0

LOANS & ALLOWANCE FOR LOAN LO51

LOANS & ALLOWANCE FOR LOAN LOSSES - PERFORMING AND NONPERFORMING BY CLASS AND SOURCE (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Jun. 30, 2015
Financing Receivable, Recorded Investment [Line Items]
Gross loans	$ 5,715,083	$ 5,001,271
Performing
Financing Receivable, Recorded Investment [Line Items]
Gross loans	5,688,605	4,970,440
Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Gross loans	26,478	30,831
Mortgage
Financing Receivable, Recorded Investment [Line Items]
Gross loans	3,371,974	2,980,795
Mortgage \| Performing
Financing Receivable, Recorded Investment [Line Items]
Gross loans	3,351,020	2,957,953
Mortgage \| Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Gross loans	20,954	22,842
Multifamily real estate secured
Financing Receivable, Recorded Investment [Line Items]
Gross loans	1,202,987	1,185,531
Multifamily real estate secured \| Performing
Financing Receivable, Recorded Investment [Line Items]
Gross loans	1,198,142	1,180,132
Multifamily real estate secured \| Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Gross loans	4,845	5,399
Commercial real estate secured
Financing Receivable, Recorded Investment [Line Items]
Gross loans	99,938	61,403
Commercial real estate secured \| Performing
Financing Receivable, Recorded Investment [Line Items]
Gross loans	99,566	59,275
Commercial real estate secured \| Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Gross loans	372	2,128
In-house originated \| Mortgage
Financing Receivable, Recorded Investment [Line Items]
Gross loans	3,287,472	2,885,604
In-house originated \| Mortgage \| Performing
Financing Receivable, Recorded Investment [Line Items]
Gross loans	3,272,701	2,869,119
In-house originated \| Mortgage \| Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Gross loans	14,771	16,485
In-house originated \| Multifamily real estate secured
Financing Receivable, Recorded Investment [Line Items]
Gross loans	1,087,430	1,051,696
In-house originated \| Multifamily real estate secured \| Performing
Financing Receivable, Recorded Investment [Line Items]
Gross loans	1,084,122	1,048,266
In-house originated \| Multifamily real estate secured \| Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Gross loans	3,308	3,430
In-house originated \| Commercial real estate secured
Financing Receivable, Recorded Investment [Line Items]
Gross loans	87,310	46,577
In-house originated \| Commercial real estate secured \| Performing
Financing Receivable, Recorded Investment [Line Items]
Gross loans	87,310	46,577
In-house originated \| Commercial real estate secured \| Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Gross loans	0	0
Purchased \| Mortgage
Financing Receivable, Recorded Investment [Line Items]
Gross loans	84,502	95,191
Purchased \| Mortgage \| Performing
Financing Receivable, Recorded Investment [Line Items]
Gross loans	78,319	88,834
Purchased \| Mortgage \| Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Gross loans	6,183	6,357
Purchased \| Multifamily real estate secured
Financing Receivable, Recorded Investment [Line Items]
Gross loans	115,557	133,835
Purchased \| Multifamily real estate secured \| Performing
Financing Receivable, Recorded Investment [Line Items]
Gross loans	114,020	131,866
Purchased \| Multifamily real estate secured \| Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Gross loans	1,537	1,969
Purchased \| Commercial real estate secured
Financing Receivable, Recorded Investment [Line Items]
Gross loans	12,628	14,826
Purchased \| Commercial real estate secured \| Performing
Financing Receivable, Recorded Investment [Line Items]
Gross loans	12,256	12,698
Purchased \| Commercial real estate secured \| Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Gross loans	$ 372	$ 2,128

LOANS & ALLOWANCE FOR LOAN LO52

LOANS & ALLOWANCE FOR LOAN LOSSES - TROUBLED DEBT RESTRUCTURINGS BY CLASS (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Jun. 30, 2015
Financing Receivable, Modifications [Line Items]
Performing loans temporarily modified as TDR	$ 214		$ 214		$ 217
Non performing loans	26,478		26,478		30,831
Total impaired loans	26,692		26,692		31,048
Interest income recognized on performing TDR's	2	$ 6	4	$ 32
Average balances of performing TDR's	215	537	215	1,150
Average balances of impaired loans	28,633	30,944	29,438	28,217
Mortgage
Financing Receivable, Modifications [Line Items]
Performing loans temporarily modified as TDR	214		214		217
Non performing loans	20,954		20,954		22,842
Total impaired loans	21,168		21,168		23,059
Interest income recognized on performing TDR's	2	6	4	12
Average balances of performing TDR's	215	537	215	687
Average balances of impaired loans	22,195	21,517	22,483	18,806
Home equity
Financing Receivable, Modifications [Line Items]
Performing loans temporarily modified as TDR	0		0		0
Non performing loans	7		7		9
Total impaired loans	7		7		9
Interest income recognized on performing TDR's	0	0	0	0
Average balances of performing TDR's	0	0	0	0
Average balances of impaired loans	8	34	8	78
Warehouse & other
Financing Receivable, Modifications [Line Items]
Performing loans temporarily modified as TDR	0		0		0
Non performing loans	0		0		0
Total impaired loans	0		0		0
Interest income recognized on performing TDR's	0	0	0	0
Average balances of performing TDR's	0	0	0	0
Average balances of impaired loans	0	0	0	0
Multifamily real estate secured
Financing Receivable, Modifications [Line Items]
Performing loans temporarily modified as TDR	0		0		0
Non performing loans	4,845		4,845		5,399
Total impaired loans	4,845		4,845		5,399
Interest income recognized on performing TDR's	0	0	0	0
Average balances of performing TDR's	0	0	0	0
Average balances of impaired loans	5,064	5,691	5,176	5,228
Commercial real estate secured
Financing Receivable, Modifications [Line Items]
Performing loans temporarily modified as TDR	0		0		0
Non performing loans	372		372		2,128
Total impaired loans	372		372		2,128
Interest income recognized on performing TDR's	0	0	0	20
Average balances of performing TDR's	0	0	0	463
Average balances of impaired loans	1,045	3,242	1,406	3,620
Auto and RV secured
Financing Receivable, Modifications [Line Items]
Performing loans temporarily modified as TDR	0		0		0
Non performing loans	300		300		453
Total impaired loans	300		300		453
Interest income recognized on performing TDR's	0	0	0	0
Average balances of performing TDR's	0	0	0	0
Average balances of impaired loans	321	460	365	485
Factoring
Financing Receivable, Modifications [Line Items]
Performing loans temporarily modified as TDR	0		0		0
Non performing loans	0		0		0
Total impaired loans	0		0		0
Interest income recognized on performing TDR's	0	0	0	0
Average balances of performing TDR's	0	0	0	0
Average balances of impaired loans	0	0	0	0
Commercial & Industrial
Financing Receivable, Modifications [Line Items]
Performing loans temporarily modified as TDR	0		0		0
Non performing loans	0		0		0
Total impaired loans	0		0		0
Interest income recognized on performing TDR's	0	0	0	0
Average balances of performing TDR's	0	0	0	0
Average balances of impaired loans	0	0	0	0
Other
Financing Receivable, Modifications [Line Items]
Performing loans temporarily modified as TDR	0		0		0
Non performing loans	0		0		0
Total impaired loans	0		0		$ 0
Interest income recognized on performing TDR's	0	0	0	0
Average balances of performing TDR's	0	0	0	0
Average balances of impaired loans	$ 0	$ 0	$ 0	$ 0

LOANS & ALLOWANCE FOR LOAN LO53

LOANS & ALLOWANCE FOR LOAN LOSSES - LOANS BY CREDIT QUALITY INDICATOR (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Jun. 30, 2015
Financing Receivable, Recorded Investment [Line Items]
Gross loans	$ 5,715,083	$ 5,001,271
Ratio of Grade Class to Gross Loans	100.00%	100.00%
Mortgage
Financing Receivable, Recorded Investment [Line Items]
Gross loans	$ 3,371,974	$ 2,980,795
Mortgage \| In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans	3,287,472	2,885,604
Mortgage \| Purchased
Financing Receivable, Recorded Investment [Line Items]
Gross loans	84,502	95,191
Home equity
Financing Receivable, Recorded Investment [Line Items]
Gross loans	3,418	3,604
Home equity \| In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans	3,418	3,604
Warehouse & other
Financing Receivable, Recorded Investment [Line Items]
Gross loans	519,564	385,413
Warehouse & other \| In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans	519,564	385,413
Multifamily real estate secured
Financing Receivable, Recorded Investment [Line Items]
Gross loans	1,202,987	1,185,531
Multifamily real estate secured \| In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans	1,087,430	1,051,696
Multifamily real estate secured \| Purchased
Financing Receivable, Recorded Investment [Line Items]
Gross loans	115,557	133,835
Commercial real estate secured
Financing Receivable, Recorded Investment [Line Items]
Gross loans	99,938	61,403
Commercial real estate secured \| In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans	87,310	46,577
Commercial real estate secured \| Purchased
Financing Receivable, Recorded Investment [Line Items]
Gross loans	12,628	14,826
Auto and RV secured
Financing Receivable, Recorded Investment [Line Items]
Gross loans	30,335	13,140
Auto and RV secured \| In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans	30,335	13,140
Factoring
Financing Receivable, Recorded Investment [Line Items]
Gross loans	143,896	122,200
Factoring \| In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans	143,896	122,200
Commercial & Industrial
Financing Receivable, Recorded Investment [Line Items]
Gross loans	281,826	248,584
Commercial & Industrial \| In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans	281,826	248,584
Other
Financing Receivable, Recorded Investment [Line Items]
Gross loans	61,145	601
Pass
Financing Receivable, Recorded Investment [Line Items]
Gross loans	$ 5,642,347	$ 4,917,881
Ratio of Grade Class to Gross Loans	98.70%	98.30%
Pass \| Mortgage \| In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans	$ 3,253,671	$ 2,855,637
Pass \| Mortgage \| Purchased
Financing Receivable, Recorded Investment [Line Items]
Gross loans	77,909	87,256
Pass \| Home equity \| In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans	3,393	3,473
Pass \| Warehouse & other \| In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans	513,864	375,588
Pass \| Multifamily real estate secured \| In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans	1,079,226	1,036,718
Pass \| Multifamily real estate secured \| Purchased
Financing Receivable, Recorded Investment [Line Items]
Gross loans	110,107	127,839
Pass \| Commercial real estate secured \| In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans	87,310	46,577
Pass \| Commercial real estate secured \| Purchased
Financing Receivable, Recorded Investment [Line Items]
Gross loans	9,844	9,947
Pass \| Auto and RV secured \| In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans	29,829	12,630
Pass \| Factoring \| In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans	143,896	122,200
Pass \| Commercial & Industrial \| In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans	272,153	239,415
Pass \| Other
Financing Receivable, Recorded Investment [Line Items]
Gross loans	61,145	601
Special Mention
Financing Receivable, Recorded Investment [Line Items]
Gross loans	$ 38,510	$ 47,325
Ratio of Grade Class to Gross Loans	0.70%	1.00%
Special Mention \| Mortgage \| In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans	$ 13,520	$ 11,256
Special Mention \| Mortgage \| Purchased
Financing Receivable, Recorded Investment [Line Items]
Gross loans	195	216
Special Mention \| Home equity \| In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans	18	0
Special Mention \| Warehouse & other \| In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans	5,700	9,825
Special Mention \| Multifamily real estate secured \| In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans	4,036	10,926
Special Mention \| Multifamily real estate secured \| Purchased
Financing Receivable, Recorded Investment [Line Items]
Gross loans	2,795	3,470
Special Mention \| Commercial real estate secured \| In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans	0	0
Special Mention \| Commercial real estate secured \| Purchased
Financing Receivable, Recorded Investment [Line Items]
Gross loans	2,412	2,444
Special Mention \| Auto and RV secured \| In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans	161	19
Special Mention \| Factoring \| In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans	0	0
Special Mention \| Commercial & Industrial \| In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans	9,673	9,169
Special Mention \| Other
Financing Receivable, Recorded Investment [Line Items]
Gross loans	0	0
Substandard
Financing Receivable, Recorded Investment [Line Items]
Gross loans	$ 34,226	$ 36,065
Ratio of Grade Class to Gross Loans	0.60%	0.70%
Substandard \| Mortgage \| In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans	$ 20,281	$ 18,711
Substandard \| Mortgage \| Purchased
Financing Receivable, Recorded Investment [Line Items]
Gross loans	6,398	7,719
Substandard \| Home equity \| In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans	7	131
Substandard \| Warehouse & other \| In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans	0	0
Substandard \| Multifamily real estate secured \| In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans	4,168	4,052
Substandard \| Multifamily real estate secured \| Purchased
Financing Receivable, Recorded Investment [Line Items]
Gross loans	2,655	2,526
Substandard \| Commercial real estate secured \| In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans	0	0
Substandard \| Commercial real estate secured \| Purchased
Financing Receivable, Recorded Investment [Line Items]
Gross loans	372	2,435
Substandard \| Auto and RV secured \| In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans	345	491
Substandard \| Factoring \| In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans	0	0
Substandard \| Commercial & Industrial \| In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans	0	0
Substandard \| Other
Financing Receivable, Recorded Investment [Line Items]
Gross loans	0	0
Doubtful
Financing Receivable, Recorded Investment [Line Items]
Gross loans	$ 0	$ 0
Ratio of Grade Class to Gross Loans	0.00%	0.00%
Doubtful \| Mortgage \| In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans	$ 0	$ 0
Doubtful \| Mortgage \| Purchased
Financing Receivable, Recorded Investment [Line Items]
Gross loans	0	0
Doubtful \| Home equity \| In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans	0	0
Doubtful \| Warehouse & other \| In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans	0	0
Doubtful \| Multifamily real estate secured \| In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans	0	0
Doubtful \| Multifamily real estate secured \| Purchased
Financing Receivable, Recorded Investment [Line Items]
Gross loans	0	0
Doubtful \| Commercial real estate secured \| In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans	0	0
Doubtful \| Commercial real estate secured \| Purchased
Financing Receivable, Recorded Investment [Line Items]
Gross loans	0	0
Doubtful \| Auto and RV secured \| In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans	0	0
Doubtful \| Factoring \| In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans	0	0
Doubtful \| Commercial & Industrial \| In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans	0	0
Doubtful \| Other
Financing Receivable, Recorded Investment [Line Items]
Gross loans	$ 0	$ 0

LOANS & ALLOWANCE FOR LOAN LO54

LOANS & ALLOWANCE FOR LOAN LOSSES - PAST DUE LOANS (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Jun. 30, 2015
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	$ 22,324	$ 22,557
Total Past Due as a Percent of Gross Loans	0.39%	0.45%
Mortgage \| In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	$ 16,688	$ 15,601
Mortgage \| Purchased
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	3,615	3,843
Home equity \| In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	47	130
Multifamily real estate secured \| In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	1,034	1,035
Multifamily real estate secured \| Purchased
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total		321
Commercial real estate secured \| Purchased
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	372	1,164
Auto and RV secured
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	568
Auto and RV secured \| In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total		463
30-59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	$ 4,008	$ 3,174
Total Past Due as a Percent of Gross Loans	0.07%	0.06%
30-59 Days Past Due \| Mortgage \| In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	$ 3,157	$ 1,275
30-59 Days Past Due \| Mortgage \| Purchased
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	233	472
30-59 Days Past Due \| Home equity \| In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	29	130
30-59 Days Past Due \| Multifamily real estate secured \| In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	243	244
30-59 Days Past Due \| Multifamily real estate secured \| Purchased
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total		0
30-59 Days Past Due \| Commercial real estate secured \| Purchased
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	0	782
30-59 Days Past Due \| Auto and RV secured
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	346
30-59 Days Past Due \| Auto and RV secured \| In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total		271
60-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	$ 921	$ 3,001
Total Past Due as a Percent of Gross Loans	0.02%	0.06%
60-89 Days Past Due \| Mortgage \| In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	$ 0	$ 2,876
60-89 Days Past Due \| Mortgage \| Purchased
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	367	0
60-89 Days Past Due \| Home equity \| In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	18	0
60-89 Days Past Due \| Multifamily real estate secured \| In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	0	0
60-89 Days Past Due \| Multifamily real estate secured \| Purchased
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total		0
60-89 Days Past Due \| Commercial real estate secured \| Purchased
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	372	0
60-89 Days Past Due \| Auto and RV secured
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	164
60-89 Days Past Due \| Auto and RV secured \| In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total		125
90 Plus Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	$ 17,395	$ 16,382
Total Past Due as a Percent of Gross Loans	0.30%	0.33%
90 Plus Days Past Due \| Mortgage \| In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	$ 13,531	$ 11,450
90 Plus Days Past Due \| Mortgage \| Purchased
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	3,015	3,371
90 Plus Days Past Due \| Home equity \| In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	0	0
90 Plus Days Past Due \| Multifamily real estate secured \| In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	791	791
90 Plus Days Past Due \| Multifamily real estate secured \| Purchased
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total		321
90 Plus Days Past Due \| Commercial real estate secured \| Purchased
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	0	382
90 Plus Days Past Due \| Auto and RV secured
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	$ 58
90 Plus Days Past Due \| Auto and RV secured \| In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total		$ 67

EQUITY AND STOCK-BASED COMPEN55

EQUITY AND STOCK-BASED COMPENSATION (Narrative) (Details)		Nov. 17, 2015	Dec. 31, 2015stock_incentive_planshares	Nov. 30, 2015shares	Nov. 06, 2015shares	Oct. 31, 2015shares	Jun. 30, 2015shares	Nov. 30, 2007	Jul. 01, 2007
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock split, conversion ratio	[1]	4
Common stock, shares authorized			150,000,000	150,000,000		50,000,000	150,000,000
Common stock, dividend issued, shares, stock split					3
Number of stock incentive plans \| stock_incentive_plan			2
1999 Stock Option Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Contractual term for options granted under plan			10 years
1999 Stock Option Plan \| Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period for options granted			3 years
1999 Stock Option Plan \| Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period for options granted			5 years
2004 Stock Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of outstanding shares always available for grants under plan								14.80%
Annual percentage increase to shares available for grant									1.50%
Fiscal years of annual percentage increases to shares available for grant			4 years
2014 Stock Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share reserved for issuance			3,680,000

[1]	Common stock amounts have been retroactively restated for all prior periods presented to reflect the four-for-one forward split of the Company’s common stock effected in the form of a stock dividend that was distributed on November 17, 2015

EQUITY AND STOCK-BASED COMPEN56

EQUITY AND STOCK-BASED COMPENSATION - STOCK OPTION ACTIVITY 1 (Details) - $ / shares	6 Months Ended	12 Months Ended
	Dec. 31, 2015	Jun. 30, 2015	Jun. 30, 2014
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Outstanding, beginning (shares)	82,400	427,800
Granted (shares)	0	0
Exercised (shares)	(80,000)	(345,400)
Canceled (shares)	0	0
Outstanding, ending (shares)	2,400	82,400
Options exercisable (shares)	2,400	82,400	427,800
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Abstract]
Outstanding, beginning (Wtd. Avg. Ex. Price)	$ 1.84	$ 2.18
Granted (Wtd. Avg. Ex. Price)	0	0
Exercised (Wtd. Avg. Ex. Price)	1.84	2.26
Canceled (Wtd. Avg. Ex. Price)	0	0
Outstanding, ending (Wtd. Avg. Ex. Price)	1.84	1.84
Options exercisable (Wtd. Avg. Ex. Price)	$ 1.84	$ 1.84	$ 2.18

EQUITY AND STOCK-BASED COMPEN57

EQUITY AND STOCK-BASED COMPENSATION - STOCK OPTION ACTIVITY 2 (Details) - USD ($) $ / shares in Units, $ in Thousands	6 Months Ended
	Dec. 31, 2015	Jun. 30, 2015	Jun. 30, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options Outstanding, Number Outstanding (in shares)	2,400	82,400	427,800
Options Exercisable, Number Exercisable (shares)	2,400	82,400	427,800
Options exercisable, Weighted-Average Exercise Price (in dollars per share)	$ 1.84	$ 1.84	$ 2.18
Intrinsic value of options outstanding	$ 46
Intrinsic value of options exercisable	$ 46
$ 1.84
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options Outstanding, Exercise Price (in dollars per share)	$ 1.84
Options Outstanding, Number Outstanding (in shares)	2,400
Options Outstanding, Weighted-Average Remaining Contractual Life (Years)	6 months 26 days
Options Exercisable, Number Exercisable (shares)	2,400
Options exercisable, Weighted-Average Exercise Price (in dollars per share)	$ 0.57

EQUITY AND STOCK-BASED COMPEN58

EQUITY AND STOCK-BASED COMPENSATION - RESTRICTED STOCK AND RSUs (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Jun. 30, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Annual vesting percentage			33.33%	33.33%
Stock-based compensation expense			$ 5,116	$ 3,015
Chief Executive Officer (CEO)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Annual vesting percentage			25.00%	25.00%
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted stock grants			614,721	630,424
Vesting period for options granted			3 years	3 years
Restricted Stock Units (RSUs) \| Chief Executive Officer (CEO)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period for options granted			4 years	4 years
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period for options granted			3 years
Stock-based compensation expense	$ 2,858	$ 1,696	$ 5,116	$ 3,015
Tax benefit from stock-based compensation	1,201	$ 700	2,137	$ 1,239
Unrecognized Compensation Expense [Abstract]
2,016	6,352		6,352
2,017	10,983		10,983
2,018	7,745		7,745
2,019	2,915		2,915
Unrecognized compensation expense, total	$ 27,995		$ 27,995
Restricted Stock and Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted stock grants			614,721		775,836

EQUITY AND STOCK-BASED COMPEN59

EQUITY AND STOCK-BASED COMPENSATION - CHANGES IN RESTRICTED STOCK GRANTS (Details) - Restricted Stock and Restricted Stock Units - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Jun. 30, 2015
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Non-vested balance, beginning (shares)			1,135,088	945,756	945,756
Granted (shares)			614,721		775,836
Vested (shares)			(253,727)		(519,400)
Canceled (shares)			(39,419)		(67,104)
Non-vested balance, ending (shares)	1,456,663		1,456,663		1,135,088
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Non-vested balance, beginning (Wtd. Avg. Grant Date FV)			$ 17.01	$ 10.29	$ 10.29
Granted (Wtd. Avg. Grant Date FV)			26.62		19.99
Vested (Wtd. Avg. Grant Date FV)			13.71		10.11
Canceled (Wtd. Avg. Grant Date FV)			19.72		14.13
Non-vested balance, ending (Wtd. Avg. Grant Date FV)	$ 21.38		$ 21.38		$ 17.01
Total fair value of shares vested in the period	$ 1,655	$ 1,395	$ 7,147	$ 4,935

EARNINGS PER SHARE ("EPS") (Det

EARNINGS PER SHARE ("EPS") (Details) $ / shares in Units, $ in Thousands		Nov. 17, 2015	Dec. 31, 2015USD ($)$ / sharesshares	Dec. 31, 2014USD ($)$ / sharesshares	Dec. 31, 2015USD ($)$ / sharesshares	Dec. 31, 2014USD ($)$ / sharesshares
Earnings Per Share [Abstract]
Net income \| $			$ 28,149	$ 19,372	$ 53,650	$ 37,213
Preferred stock dividends \| $			(78)	(78)	(155)	(155)
Net income attributable to common shareholders \| $			$ 28,071	$ 19,294	$ 53,495	$ 37,058
Average common shares issued and outstanding			62,999,335	59,566,176	62,741,596	58,805,820
Average unvested RSU shares			1,431,998	1,253,072	1,309,243	1,177,356
Total qualifying shares			64,431,333	60,819,248	64,050,839	59,983,176
Basic earnings per share, in dollars per share \| $ / shares	[1]		$ 0.44	$ 0.32	$ 0.84	$ 0.62
Diluted Earnings Per Common Share
Net income attributable to common shareholders \| $			$ 28,071	$ 19,294	$ 53,495	$ 37,058
Dilutive net income attributable to common shareholders \| $			$ 28,071	$ 19,294	$ 53,495	$ 37,058
Average common shares issued and outstanding			64,431,333	60,819,248	64,050,839	59,983,176
Dilutive effect of stock options			1,323	235,020	10,982	235,216
Total dilutive common shares issued and outstanding			64,432,656	61,054,268	64,061,821	60,218,392
Diluted earnings per share, in dollars per share \| $ / shares	[1]		$ 0.44	$ 0.32	$ 0.84	$ 0.62
Common stock split, conversion ratio	[2]	4

[1]	Per share amounts have been retroactively restated for all prior periods presented to reflect the four-for-one forward split of the Company’s common stock effected in the form of a stock dividend that was distributed on November 17, 2015
[2]	Common stock amounts have been retroactively restated for all prior periods presented to reflect the four-for-one forward split of the Company’s common stock effected in the form of a stock dividend that was distributed on November 17, 2015

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Details) - Loan Origination Commitments $ in Thousands	6 Months Ended
	Dec. 31, 2015USD ($)
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Off-balance sheet, loan origination commitment	$ 224,935
Sales commitment
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Off-balance sheet, commitment	62,802
Fixed Interest Rate
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Off-balance sheet, loan origination commitment	$ 62,647
Fixed interest rate minimum on commitments to extend credit	3.00%
Fixed interest rate maximum on commitments to extend credit	8.06%
Fixed Interest Rate \| Sales commitment
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Off-balance sheet, commitment	$ 60,304
Variable Interest Rate
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Off-balance sheet, loan origination commitment	162,288
Variable Interest Rate \| Sales commitment
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Off-balance sheet, commitment	$ 2,498

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details) - loan	6 Months Ended
RELATED PARTY TRANSACTIONS (Details) - loan	Dec. 31, 2015	Dec. 31, 2014
Related Party Transactions [Abstract]
Number of related party loans granted	0	0
Number of related party loans refinanced	0	0

Uncategorized Items - bofi-2015

Label	Element	Value
Municipal Bonds [Member]
Held-to-maturity Securities	us-gaap_HeldToMaturitySecurities	$ 35,976,000
Held-to-maturity Securities	us-gaap_HeldToMaturitySecurities	35,937,000
Held-to-maturity Securities, Accumulated Unrecognized Holding Gain	us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain	4,074,000
Held-to-maturity Securities, Accumulated Unrecognized Holding Gain	us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain	4,513,000
Held-to-maturity Securities, Accumulated Unrecognized Holding Loss	us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss	0
Held-to-maturity Securities, Accumulated Unrecognized Holding Loss	us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss	0
Held-to-maturity Securities, Fair Value	us-gaap_HeldToMaturitySecuritiesFairValue	40,050,000
Held-to-maturity Securities, Fair Value	us-gaap_HeldToMaturitySecuritiesFairValue	40,450,000
Agency, Residential Mortgage Backed Securities [Member]
Held-to-maturity Securities	us-gaap_HeldToMaturitySecurities	41,993,000
Held-to-maturity Securities	us-gaap_HeldToMaturitySecurities	39,118,000
Held-to-maturity Securities, Debt Maturities, Year Six Through Ten, Fair Value	us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue	5,851,000
Held-to-maturity Securities, Accumulated Unrecognized Holding Gain	us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain	1,398,000
Held-to-maturity Securities, Accumulated Unrecognized Holding Gain	us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain	752,000
Held-to-maturity Securities, Accumulated Unrecognized Holding Loss	us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss	0
Held-to-maturity Securities, Accumulated Unrecognized Holding Loss	us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss	1,000
Held-to-maturity Securities, Debt Maturities, Next Twelve Months, Fair Value	us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearFairValue	1,346,000
Held-to-maturity Securities, Debt Maturities, Year Two Through Five, Fair Value	us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue	5,161,000
Held-to-maturity Securities, Debt Maturities, after Ten Years, Fair Value	us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsFairValue	27,511,000
Held-to-maturity Securities, Debt Maturities, after One Through Five Years, Net Carrying Amount	us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount	4,978,000
Held-to-maturity Securities, Debt Maturities, after Ten Years, Net Carrying Amount	us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount	27,188,000
Held-to-maturity Securities, Debt Maturities, within One Year, Net Carrying Amount	us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount	1,298,000
Held-to-maturity Securities, Fair Value	us-gaap_HeldToMaturitySecuritiesFairValue	43,391,000
Held-to-maturity Securities, Fair Value	us-gaap_HeldToMaturitySecuritiesFairValue	39,869,000
Held-to-maturity Securities, Debt Maturities, without Single Maturity Date, Net Carrying Amount	us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount	39,118,000
Held-to-maturity Securities, Debt Maturities, after Five Through Ten Years, Net Carrying Amount	us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount	5,654,000
Non-Agency, Residential Mortgage Backed Securities [Member]
Held-to-maturity Securities, Debt Maturities, Year Six Through Ten, Fair Value	us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue	36,615,000
Held-to-maturity Securities, Accumulated Unrecognized Holding Gain	us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain	10,045,000
Held-to-maturity Securities, Accumulated Unrecognized Holding Gain	us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain	7,560,000
Held-to-maturity Securities, Accumulated Unrecognized Holding Loss	us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss	12,749,000
Held-to-maturity Securities, Accumulated Unrecognized Holding Loss	us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss	13,228,000
Held-to-maturity Securities, Debt Maturities, Next Twelve Months, Fair Value	us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearFairValue	20,837,000
Held-to-maturity Securities, Debt Maturities, Year Two Through Five, Fair Value	us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue	45,431,000
Held-to-maturity Securities, Debt Maturities, after Ten Years, Fair Value	us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsFairValue	32,357,000
Held-to-maturity Securities, Debt Maturities, after One Through Five Years, Net Carrying Amount	us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount	47,178,000
Held-to-maturity Securities, Debt Maturities, after Ten Years, Net Carrying Amount	us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount	33,510,000
Held-to-maturity Securities, Debt Maturities, within One Year, Net Carrying Amount	us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount	21,779,000
Held-to-maturity Securities, Fair Value	us-gaap_HeldToMaturitySecuritiesFairValue	144,882,000
Held-to-maturity Securities, Fair Value	us-gaap_HeldToMaturitySecuritiesFairValue	135,240,000
Held-to-maturity Securities, Debt Maturities, without Single Maturity Date, Net Carrying Amount	us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount	140,908,000
Held-to-maturity Securities, Debt Maturities, after Five Through Ten Years, Net Carrying Amount	us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount	38,441,000
Non-Agency Securities [Member]
Held-to-maturity Securities	us-gaap_HeldToMaturitySecurities	0
Held-to-maturity Securities	us-gaap_HeldToMaturitySecurities	0
Held-to-maturity Securities, Accumulated Unrecognized Holding Gain	us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain	0
Held-to-maturity Securities, Accumulated Unrecognized Holding Gain	us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain	0
Held-to-maturity Securities, Accumulated Unrecognized Holding Loss	us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss	0
Held-to-maturity Securities, Accumulated Unrecognized Holding Loss	us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss	0
Held-to-maturity Securities, Fair Value	us-gaap_HeldToMaturitySecuritiesFairValue	0
Held-to-maturity Securities, Fair Value	us-gaap_HeldToMaturitySecuritiesFairValue	$ 0