Axos Financial (AX) 10-Q 28 Apr 16 2016 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Mar. 31, 2016	Apr. 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	Mar. 31, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q3
Amendment Flag	false
Entity Common Stock, Shares Outstanding		63,060,732

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands		Mar. 31, 2016	Jun. 30, 2015
ASSETS
Cash and due from banks		$ 895,454	$ 222,774
Federal funds sold		100	100
Total cash and cash equivalents		895,554	222,874
Securities:
Trading		7,589	7,832
Available-for-sale		278,653	163,361
Held-to-maturity—fair value $216,386 as of March 2016 and $228,323 as of June 2015		211,294	225,555
Stock of the Federal Home Loan Bank, at cost		52,974	66,270
Loans held for sale, carried at fair value		42,682	25,430
Loans held for sale, lower of cost or fair value		59,988	77,891
Loans and leases—net of allowance for loan and lease losses of $36,931 as of March 2016 and $28,327 as of June 2015		6,034,700	4,928,618
Accrued interest receivable		23,913	20,268
Furniture, equipment and software—net		13,056	8,551
Deferred income tax		37,427	32,955
Cash surrender value of life insurance		5,944	5,806
Mortgage servicing rights, carried at fair value		3,375	2,098
Other real estate owned and repossessed vehicles		245	1,240
Other assets		38,228	34,970
TOTAL ASSETS		7,705,622	5,823,719
Deposits:
Non-interest bearing		913,636	309,339
Interest bearing		5,134,395	4,142,578
Total deposits		6,048,031	4,451,917
Securities sold under agreements to repurchase		35,000	35,000
Advances from the Federal Home Loan Bank		858,000	753,000
Subordinated notes and debentures		56,155	5,155
Accrued interest payable		1,679	1,266
Accounts payable and other liabilities		53,468	43,855
Total liabilities		$ 7,052,333	$ 5,290,193
COMMITMENTS AND CONTINGENCIES (Note 9)
STOCKHOLDERS’ EQUITY:
Common stock—$0.01 par value; 150,000,000 shares authorized; 64,177,770 shares issued and 63,060,732 shares outstanding as of March 2016; 63,145,364 shares issued and 62,075,004 shares outstanding as of June 2015	[1]	$ 642	$ 638
Additional paid-in capital	[1]	328,288	296,035
Accumulated other comprehensive income (loss)—net of tax	[1]	(8,223)	(9,399)
Retained earnings	[1]	355,165	265,833
Treasury stock, at cost; 1,117,038 shares as of March 2016 and 1,070,360 shares as of June 2015	[1]	(27,646)	(24,644)
Total stockholders’ equity	[1]	653,289	533,526
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY		7,705,622	5,823,719
Convertible Series A Preferred Stock
STOCKHOLDERS’ EQUITY:
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	Mar. 31, 2016USD ($)$ / sharesshares	Jun. 30, 2015USD ($)$ / sharesshares
Assets:
Held to maturity - Fair Value | $	$ 216,386	$ 228,323
Allowance for loan losses | $	$ 36,931	$ 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 (in shares)	1,000,000	1,000,000
Common stock, par value (in dollars per share) | $ / shares	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	150,000,000	150,000,000
Common stock, shares issued (in shares)	64,177,770	63,145,364
Common stock, shares outstanding (in shares)	63,060,732	62,075,004
Treasury stock, shares (in shares)	1,117,038	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 (in shares)	515	515
Preferred stock, Series A, shares outstanding (in shares)	515	515

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF INCOME $ in Thousands		3 Months Ended		9 Months Ended
		Mar. 31, 2016USD ($)$ / shares	Mar. 31, 2015USD ($)$ / shares	Mar. 31, 2016USD ($)$ / shares	Mar. 31, 2015USD ($)$ / shares
INTEREST AND DIVIDEND INCOME:
Loans and leases, including fees		$ 77,111	$ 57,441	$ 212,306	$ 159,816
Investments		7,171	5,470	19,140	16,981
Total interest and dividend income		84,282	62,911	231,446	176,797
INTEREST EXPENSE:
Deposits		11,012	9,634	29,744	25,140
Advances from the Federal Home Loan Bank		3,019	2,194	8,297	6,655
Other borrowings		694	418	1,549	1,351
Total interest expense		14,725	12,246	39,590	33,146
Net interest income		69,557	50,665	191,856	143,651
Provision for loan and lease losses		2,000	2,900	7,800	8,300
Net interest income, after provision		67,557	47,765	184,056	135,351
Realized gain on securities:
Realized gain (loss) on sale of securities		(14)	0	919	587
Other-than-temporary loss on securities:
Total impairment (losses) gains		(1,006)	(1,185)	(2,785)	(5,832)
Loss (gain) recognized in other comprehensive income		998	478	2,636	3,628
Net impairment loss recognized in earnings		(8)	(707)	(149)	(2,204)
Fair value gain (loss) on trading securities		(117)	(125)	(243)	(328)
Total unrealized (loss) gain on securities		(125)	(832)	(392)	(2,532)
Prepayment penalty fee income		563	454	2,177	2,384
Gain on sale – other		1,101	2,419	10,348	4,425
Mortgage banking income		3,459	4,330	8,246	10,330
Banking service fees and other income		18,332	1,995	28,027	5,118
Total non-interest income		23,316	8,366	49,325	20,312
NON-INTEREST EXPENSE:
Salaries and related costs		17,000	11,249	47,762	31,710
Professional services		1,033	1,725	2,666	3,324
Occupancy and equipment		1,169	735	3,016	2,288
Data processing and internet		3,225	1,717	7,404	4,914
Advertising and promotional		1,406	1,462	4,631	4,217
Depreciation and amortization		1,310	868	3,316	2,351
Real estate owned and repossessed vehicles		5	44	(45)	152
FDIC and regulator fees		1,217	902	3,389	2,508
Other general and administrative		3,043	1,641	7,632	5,262
Total non-interest expense		29,408	20,343	79,771	56,726
INCOME BEFORE INCOME TAXES		61,465	35,788	153,610	98,937
INCOME TAXES		25,551	14,714	64,046	40,650
NET INCOME		35,914	21,074	89,564	58,287
NET INCOME ATTRIBUTABLE TO COMMON STOCK		35,837	20,997	89,332	58,055
COMPREHENSIVE INCOME		$ 36,734	$ 21,694	$ 90,740	$ 60,356
Basic earnings per share, in dollars per share | $ / shares	[1]	$ 0.56	$ 0.34	$ 1.39	$ 0.96
Diluted earnings per share, in dollars per share | $ / shares	[1]	$ 0.56	$ 0.34	$ 1.39	$ 0.95
[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		9 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015
Statement of Comprehensive Income [Abstract]
NET INCOME	$ 35,914	$ 21,074	$ 89,564	$ 58,287
Other comprehensive income (loss), net of tax:
Net unrealized gain (loss) from available-for-sale securities, net of tax expense (benefit) of $(287) and $156 for the three months ended March 31, 2016 and 2015, and $(861) and $261 for the nine months ended March 31, 2016 and 2015, respectively.	(426)	234	(1,179)	373
Other than Temporary Impairment Gains, Investments, Portion in Other Comprehensive Loss, Net of Tax, Portion Attributable to Parent, Held-to-maturity Securities	1,238	386	2,894	2,048
Reclassification of net (gain) loss from available-for-sale securities included in income, net of tax expense (benefit) of $(6) and $0 for the three months ended March 31, 2016 and 2015 and $380 and $235 for the nine months ended March 31, 2016 and 2015, respectively.	8	0	(539)	(352)
Other comprehensive income (loss)	820	620	1,176	2,069
Comprehensive income	$ 36,734	$ 21,694	$ 90,740	$ 60,356

CONDENSED CONSOLIDATED STATEME6

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (PARENTHETICAL) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015
Statement of Comprehensive Income [Abstract]
Net unrealized gain (loss) from available-for-sale securities, tax expense (benefit)	$ (287)	$ 156	$ (861)	$ 261
Other-than-temporary impairment on held-to-maturity securities recognized in other comprehensive income, tax expense (benefit)	832	258	2,114	1,516
Reclassification of net (gain) loss from available-for-sale securities included in income, tax expense (benefit)	$ (6)	$ 0	$ 380	$ 235

CONDENSED CONSOLIDATED STATEME7

CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY - USD ($) $ in Thousands		Total		Preferred Stock	Common Stock		Treasury Stock	Additional Paid-in Capital	[2]	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	[2]	$ (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	[2]
Common stock, outstanding, beginning balance (in shares) at Jun. 30, 2015		62,075,004			62,075,004	[2]	1,070,360
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income		$ 89,564								89,564
Other comprehensive income		1,176									1,176
Cash dividends on preferred stock		(232)								(232)
Issuance of common stock (in shares)	[2]				723,808
Issuance of common stock		21,120			$ 2	[2]		21,118
Share-based compensation, issued (in shares)	[2]				25,394
Stock-based compensation expense, outstanding (in shares)	[2]				25,394
Stock-based compensation expense		8,470			$ 1	[2]		8,469
Restricted stock grants and tax benefits, issued (in shares)	[2]				202,404
Restricted stock grants and tax benefits, treasury shares							(46,678)
Restricted stock grants and tax benefits, outstanding (in shares)	[2]				155,726
Restricted stock grants and tax benefits		$ (1,479)			$ 1	[2]	$ (3,002)	1,522
Stock option exercises and tax benefits, issued (in shares)		80,800			80,800	[2]
Stock option exercises and tax benefits		$ 1,144						1,144
Preferred stock, ending balance (in shares) at Mar. 31, 2016				515
Ending balance at Mar. 31, 2016		$ 653,289	[1]	$ 5,063	$ 642	[2]	$ (27,646)	$ 328,288		$ 355,165	$ (8,223)
Common stock, shares, issued, ending balance (in shares) at Mar. 31, 2016		64,177,770			64,177,770	[2]
Common stock, outstanding, ending balance (in shares) at Mar. 31, 2016		63,060,732			63,060,732	[2]	1,117,038
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
[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. The par value of common stock remains unchanged at $0.01 per share after the aforementioned forward stock split. As a result, the stated capital attributable to common stock increased proportionately and the additional paid-in capital decreased by the amount by which the stated capital increased.

CONDENSED CONSOLIDATED STATEME8

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 89,564	$ 58,287
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Accretion of discounts on securities	(3,842)	(4,342)
Net accretion of discounts on loans and leases	136	(557)
Stock-based compensation expense	8,470	4,787
Tax benefit from exercise of common stock options and vesting of restricted stock grants	(2,519)	(933)
Valuation of financial instruments carried at fair value	243	(587)
Net gain on sale of investment securities	(919)	328
Impairment charge on securities	149	2,204
Provision for loan and lease losses	7,800	8,300
Deferred income taxes	(4,712)	(7,127)
Origination of loans held for sale	(1,155,329)	(721,780)
Unrealized (gain) loss on loans held for sale	(621)	267
Gain on sales of loans held for sale	(18,594)	(14,755)
Proceeds from sale of loans held for sale	1,179,724	775,806
Change in fair value of mortgage servicing rights	503	229
(Gain) loss on sale of other real estate and foreclosed assets	(140)	55
Depreciation and amortization of furniture, equipment and software	3,316	2,351
Net changes in assets and liabilities which provide (use) cash:
Accrued interest receivable	(3,766)	(4,200)
Other assets	(5,797)	(12,433)
Accrued interest payable	413	(4)
Accounts payable and other liabilities	9,094	9,178
Net cash provided by (used in) operating activities	103,173	95,074
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of investment securities	(160,299)	(4,446)
Proceeds from sale of available-for-sale mortgage-backed securities	10,003	9,539
Proceeds from repayment of securities	55,414	62,761
Purchase of stock of Federal Home Loan Bank	(101,099)	(11,850)
Proceeds from redemption of stock of Federal Home Loan Bank	114,395	9,641
Origination of loans and leases for portfolio	(2,626,656)	(2,348,617)
Origination of mortgage warehouse loans, net	(46,921)	(71,405)
Proceeds from sales of other real estate owned and repossessed assets	1,442	107
Purchases of loans and leases, net of discounts and premiums	(140,493)	(146)
Principal repayments on loans	1,695,873	1,283,914
Net purchases of furniture, equipment and software	(7,821)	(3,743)
Net cash used in investing activities	(1,206,162)	(1,074,245)
CASH FLOWS FROM FINANCING ACTIVITIES:
Net increase in deposits	1,596,114	1,327,236
Proceeds from Federal Home Loan Bank advances	915,000	421,000
Repayment of Federal Home Loan Bank advances	(810,000)	(748,000)
Settlement of securities sold under agreements to repurchase	0	(10,000)
Proceeds from exercise of common stock options	148	3
Proceeds from issuance of common stock	21,120	61,197
Tax benefit from exercise of common stock options and vesting of restricted stock grants	2,519	933
Cash dividends on preferred stock	(232)	(232)
Proceeds from issuance of subordinated notes and debentures	51,000	0
Net cash provided by financing activities	1,775,669	1,052,137
NET CHANGE IN CASH AND CASH EQUIVALENTS	672,680	72,966
CASH AND CASH EQUIVALENTS—Beginning of year	222,874	155,584
CASH AND CASH EQUIVALENTS—End of period	895,554	228,550
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Interest paid on deposits and borrowed funds	39,179	33,151
Income taxes paid	56,371	49,859
Transfers to other real estate owned and repossessed vehicles from loans	531	2,452
Transfers from loans held for investment to loans held for sale	7,982	30,000
Transfers from loans held for sale to loans held for investment	$ 20,091	$ 7,237

BASIS OF PRESENTATION

BASIS OF PRESENTATION	9 Months Ended
	Mar. 31, 2016
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 nine months ended March 31, 2016 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	9 Months Ended
	Mar. 31, 2016
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 and Lease Losses. The allowance for loan and lease losses is maintained at a level estimated to provide for probable incurred losses in the loan and lease portfolio. Management determines the adequacy of the allowance based on reviews of individual loans and leases 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 and lease 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 and Program Management Agreement. 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 (“PMA”), 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 (together, the “PMA and related Agreements”), dated August 31, 2015. Through the PMA and related Agreements the Bank will provide H&R Block-branded financial services products and services. The three products and services that represent the primary focus and the majority of transactional volume that the Bank will process are described in detail below. The first product is Emerald Prepaid MasterCard® services, which is under Schedule A of the PMA. The Bank is responsible for the primary oversight and control of the prepaid card programs of a wholly owned subsidiary of H&R Block. Under the PMA and related Agreements, the Bank holds the prepaid card customer deposits for those cards issued under the prepaid programs in non-interest bearing accounts and earns a fixed fee paid by H&R Block’s subsidiary for each automated clearing house (“ACH”) transaction processed through the prepaid card customer accounts. A portion of H&R Block’s customers use the Emerald Card as an option to receive federal and state income tax refunds. The prepaid customer deposits are included in non-interest bearing deposit liabilities on the balance sheet of the Company and the ACH fee income is included in the income statement under the line banking service fees and other income. The second product is Refund Transfer, which is under Schedule B of the PMA. The Bank is responsible for the primary oversight and control of the refund transfer program of a wholly owned subsidiary of H&R Block. Under the PMA and related Agreements, the Bank opens a temporary bank account for each H&R Block customer who is receiving an income tax refund and elects to defer payment of his or her tax preparations fees. After the Internal Revenue Service and any state income tax authorities transfer the refund into the customer’s account, the net funds are transferred to the customer and the temporary deposit account is closed. The Bank earns a fixed fee paid by H&R Block for each of the H&R Block customers electing a Refund Transfer. The fees are earned primarily in the quarter ended March 31 st and are included in the income statement under the line banking service fees and other income. The third product is Emerald Advance, which is under Schedule C of the PMA. The Bank is responsible for the underwriting guidelines and credit policies for unsecured consumer lines of credit offered to H&R Block customers. Under the PMA and related Agreements, the Bank offers and funds unsecured lines of credit to consumers primarily through the H&R Block tax preparation offices and earns interest income and fee income. The Bank retains 10% of the Emerald Advance and sells the remainder to H&R Block. The lines of credit are included in loans and leases on the balance sheet of the Company and the interest income and fee income are included in the income statement under the line loans and leases interest and dividend income. The H&R Block-branded financial services products introduce seasonality into the unaudited condensed consolidated income statements through the banking and service fees category of non-interest income and the other general and administrative category of non-interest expense, with the peak income and expense in these categories typically occurring during the Company’s third fiscal quarter ended March 31. Therefore, results for the three and nine months ended March 31, 2016 are not indicative of results to be expected for the full year. Pacific Western Equipment Finance Asset Acquisition. On March 31, 2016, the Bank entered into an Asset Purchase Agreement with Pacific Western Bank to acquire approximately $140 million of equipment leases from Pacific Western Equipment Finance and assumed certain insignificant operations and related liabilities. The purchase price and consideration paid for the assets consisted of the fair market value of the assumed liabilities plus a lease purchase price premium of approximately 2.5% . The Bank provides equipment financing to its customers through a variety of lease arrangements. The most common arrangement is a direct financing (capital) lease. For direct financing leases, lease receivables are recorded on the balance sheet but the leased property is not, although the Bank generally retains legal title to the leased property until the end of each lease. Direct financing leases are stated at the net amount of minimum lease payments receivable, plus any unguaranteed residual value, less the amount of unearned income and net acquisition discount at the reporting date. Direct lease origination costs are amortized over the weighted average life of the lease portfolio. Leases acquired in an acquisition are initially measured and recorded at their fair value on the acquisition date. Purchase discounts or premiums on acquired leases are recognized as an adjustment to interest income over the contractual life of the leases using the effective interest method or taken into income when the related leases are paid off. Direct financing leases are subject to our allowance for loans and leases.

FAIR VALUE

FAIR VALUE	9 Months Ended
	Mar. 31, 2016
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 and lease losses and the underlying bank’s capital ratios. Also a factor is the Company’s loan and lease loss experience in the local economy in which the bank operates. At March 31, 2016 , the Company’s forecast of cash flows for both securities includes actual and forecasted defaults totaling 18.3% 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 March 31, 2016 , 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 March 31, 2016 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 $799 . 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 $924 . 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 February 2016) was 4.9% , 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 March 31, 2016 are from 40.0% up to 68.6% 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 March 31, 2016 are from 1.5% up to 15.6% 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 March 31, 2016 , the Company computed its discount rates as a spread between 242 and 719 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 March 31, 2016 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: March 31, 2016 (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 $ — $ — $ 7,589 $ 7,589 Securities—Available-for-Sale: Agency RMBS $ — $ 35,288 $ — $ 35,288 Non-Agency RMBS — — 17,037 17,037 Municipal — 33,616 — 33,616 Other Debt Securities — 192,712 — 192,712 Total—Securities—Available-for-Sale $ — $ 261,616 $ 17,037 $ 278,653 Loans Held for Sale $ — $ 42,682 $ — $ 42,682 Mortgage Servicing Rights $ — $ — $ 3,375 $ 3,375 Other assets – Derivative Instruments $ — $ — $ 2,394 $ 2,394 LIABILITIES: Other liabilities – Derivative Instruments $ — $ — $ 823 $ 823 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 March 31, 2016 (Dollars in thousands) Securities – Trading: Collateralized Debt Obligations Securities – Available-for-Sale: Non-Agency RMBS Mortgage Servicing Rights Derivative Instruments, net Total Opening balance $ 7,706 $ 21,136 $ 3,475 $ 1,031 $ 33,348 Transfers into Level 3 — — — — — Transfers out of Level 3 — — — — — Total gains or losses for the period: Included in earnings—Sale of mortgage-backed securities — 14 — — 14 Included in earnings—Fair value gain (loss) on trading securities (117 ) — — — (117 ) Included in earnings—Mortgage banking income — — (452 ) 540 88 Included in other comprehensive income — (532 ) — — (532 ) Purchases, originations, issues, sales and settlements: Purchases/originations — — 352 — 352 Sales — 67 — — 67 Settlements — (3,640 ) — — (3,640 ) Other-than-temporary impairment — (8 ) — — (8 ) Closing balance $ 7,589 $ 17,037 $ 3,375 $ 1,571 $ 29,572 Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period $ (117 ) $ 14 $ (452 ) $ 540 $ (15 ) For the Nine Months Ended March 31, 2016 (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 — (666 ) — — (666 ) Included in earnings—Fair value gain (loss) on trading securities (243 ) — — — (243 ) Included in earnings—Mortgage banking income — — (503 ) (690 ) (1,193 ) Included in other comprehensive income — (1,493 ) — — (1,493 ) Purchases, originations, issues, sales and settlements: Purchases/originations — — 1,780 — 1,780 Sales — (2,023 ) — — (2,023 ) Settlements — (5,367 ) — — (5,367 ) Other-than-temporary impairment — (47 ) — — (47 ) Closing balance $ 7,589 $ 17,037 $ 3,375 $ 1,571 $ 29,572 Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period $ (243 ) $ (666 ) $ (503 ) $ (690 ) $ (2,102 ) For the Three Months Ended March 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 $ 7,862 $ 31,926 $ 1,037 $ 659 $ 41,484 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 (124 ) — — — (124 ) Included in earnings—Mortgage banking income — — (194 ) 1,402 1,208 Included in other comprehensive income — (232 ) — — (232 ) Purchases, originations, issues, sales and settlements: Purchases/originations — — 511 — 511 Sales — — — — — Settlements — (3,013 ) — — (3,013 ) Other-than-temporary impairment — (704 ) — — (704 ) Closing balance $ 7,738 $ 27,977 $ 1,354 $ 2,061 $ 39,130 Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period $ (124 ) $ — $ (194 ) $ 1,402 $ 1,084 For the Nine Months Ended March 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 $ 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 (328 ) — — — (328 ) Included in earnings—Mortgage banking income — — (229 ) 1,186 957 Included in other comprehensive income — (1,351 ) — — (1,351 ) Purchases, originations, issues, sales and settlements: Purchases/originations — — 1,021 — 1,021 Sales — — — — — Settlements — (7,162 ) — — (7,162 ) Other-than-temporary impairment — (919 ) — — (919 ) Closing balance $ 7,738 $ 27,977 $ 1,354 $ 2,061 $ 39,130 Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period $ (328 ) $ — $ (229 ) $ 1,186 $ 629 The table below summarizes the quantitative information about level 3 fair value measurements at the periods indicated: March 31, 2016 (Dollars in thousands) Fair Value Valuation Technique Unobservable Input Range (Weighted Average) Securities – Trading: Collateralized Debt Obligations $ 7,589 Discounted Cash Flow Total Projected Defaults, Discount Rate over Treasury 15.5 to 21.0% (18.3%) 5.0 to 5.0% (5.0%) Securities – Available-for-Sale: Non-agency RMBS $ 17,037 Discounted Cash Flow Projected Constant Prepayment Rate, 7.7 to 19.1% (13.1%) 2.1 to 10.0% (4.7%) Mortgage Servicing Rights $ 3,375 Discounted Cash Flow Projected Constant Prepayment Rate, 5.8 to 19.5% (10.1%) 3.6 to 7.1 (6.3) Derivative Instruments, net $ 1,571 Sales Comparison Approach Projected Sales Profit of Underlying Loans 0.3 to 0.6% (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%) 1.5 to 19.6% (5.6%) Mortgage Servicing Rights $ 2,098 Discounted Cash Flow Projected Constant Prepayment Rate, 4.4 to 19.2% (7.7%) 4.3 to 8.3 (7.4) 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 Nine Months Ended March 31, March 31, (Dollars in thousands) 2016 2015 2016 2015 Interest income on investments $ 60 $ 56 $ 178 $ 166 Fair value adjustment (117 ) (125 ) (243 ) (328 ) Total $ (57 ) $ (69 ) $ (65 ) $ (162 ) The table below summarizes assets measured for impairment on a non-recurring basis: March 31, 2016 (Dollars in thousands) Quoted Prices in Significant Other Significant Balance Impaired Loans: Single family real estate secured: Mortgage $ — $ — $ 18,786 $ 18,786 Home equity — — 34 34 Multifamily real estate secured — — 4,728 4,728 Commercial real estate secured — — 372 372 Auto and RV secured — — 264 264 Total $ — $ — $ 24,184 $ 24,184 Other real estate owned and foreclosed assets: Multifamily real estate secured — — 207 207 Auto and RV secured — — 38 38 Total $ — $ — $ 245 $ 245 HTM Securities – Non-Agency RMBS $ — $ — $ 84,236 $ 84,236 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 $24,184 , after charge-offs of $135 for the nine months ended March 31, 2016 , and life to date charge-offs of $4,730 . Impaired loans had a related allowance of $233 at March 31, 2016 . 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 $245 after charge-offs of $114 for the three months ended March 31, 2016 . Held-to-maturity securities measured for impairment on a non-recurring basis had a fair value of $84,236 and a carrying amount of $87,474 at March 31, 2016 , after net impairment charges to income of $102 and an increase to other comprehensive income of $4,351 during the nine months ended March 31, 2016 . The Company recognized net impairment charges to income of $1,285 and an increase in other comprehensive increase of $3,855 for the nine months ended March 31, 2015 . 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 March 31, 2016 and June 30, 2015 . As of March 31, 2016 and June 30, 2015 , the aggregate fair value, contractual balance (including accrued interest), and unrealized gain was as follows: (Dollars in thousands) March 31, 2016 June 30, 2015 Aggregate fair value $ 42,682 $ 25,430 Contractual balance 41,507 24,886 Unrealized gain $ 1,175 $ 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 Nine Months Ended March 31, March 31, (Dollars in thousands) 2016 2015 2016 2015 Interest income $ 148 $ 147 $ 581 $ 450 Change in fair value 1,223 1,583 (69 ) 1,453 Total $ 1,371 $ 1,730 $ 512 $ 1,903 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: March 31, 2016 (Dollars in thousands) Fair Value Valuation Technique(s) Unobservable Input Range (Weighted Average) 1 Impaired loans: Single family real estate secured: Mortgage $ 18,786 Sales comparison approach Adjustment for differences between the comparable sales -40.6 to 71.1% (11.9%) Home equity $ 34 Sales comparison approach Adjustment for differences between the comparable sales -27.2 to 0.0% (-14.3%) Multifamily real estate secured $ 4,728 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 58.0% (-17.1%) 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 23.7% (-4.7%) Auto and RV secured $ 264 Sales comparison approach Adjustment for differences between the comparable sales 0.0 to 41.1% (10.5%) Other real estate owned: Multifamily real estate secured $ 207 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 0.0% (-20.2%) Auto and RV secured $ 38 Sales comparison approach Adjustment for differences between the comparable sales 0.0 to 20.8% (8.6%) HTM Securities – Non-Agency RMBS $ 84,236 Discounted cash flow Constant prepayment rate, constant default rate, loss severity, discount rate over LIBOR 2.5 to 18.9% (10.1%) 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

SECURITIES

SECURITIES	9 Months Ended
	Mar. 31, 2016
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 March 31, 2016 and June 30, 2015 were: March 31, 2016 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 $ — $ 35,132 $ 349 $ (193 ) $ 35,288 $ 37,366 $ 867 $ (2 ) $ 38,231 Non-agency 2 — 15,718 1,321 (2 ) 17,037 138,011 7,828 (8,747 ) 137,092 Total mortgage-backed securities — 50,850 1,670 (195 ) 52,325 175,377 8,695 (8,749 ) 175,323 Other debt securities: Municipal — 33,541 112 (37 ) 33,616 35,917 5,146 — 41,063 Non-agency 3 7,589 193,344 285 (917 ) 192,712 — — — — Total other debt securities 7,589 226,885 397 (954 ) 226,328 35,917 5,146 — 41,063 Total debt securities $ 7,589 $ 277,735 $ 2,067 $ (1,149 ) $ 278,653 $ 211,294 $ 13,841 $ (8,749 ) $ 216,386 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 $17,037 at March 31, 2016 consists of seventeen different issues of super senior securities with a fair value of $11,800 ; one senior structured whole loan security with a fair value of $5,205 and two mezzanine z-tranche securities with a fair value of $32 collateralized by seasoned prime and Alt-A first-lien mortgages. The non-agency RMBS held-to-maturity portfolio with a carrying value of $138,011 at March 31, 2016 consists of 76 different issues of super senior securities totaling $135,797 and one senior-support security with a carrying value of $2,214 . 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 nine months ended March 31, 2016 . At March 31, 2016 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 March 31, 2016 and June 30, 2015 were $47,850 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: March 31, 2016 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 $ 151 $ (1 ) $ 23,585 $ (192 ) $ 23,736 $ (193 ) $ 146 $ (2 ) $ — $ — $ 146 $ (2 ) Non-agency 2,546 (2 ) — — 2,546 (2 ) 6,905 (204 ) 62,473 (8,543 ) 69,378 (8,747 ) Total RMBS securities 2,697 (3 ) 23,585 (192 ) 26,282 (195 ) 7,051 (206 ) 62,473 (8,543 ) 69,524 (8,749 ) Other Debt: Municipal Debt 22,815 (25 ) 1,428 (12 ) 24,243 (37 ) — — — — — — Non-agency 90,156 (536 ) 18,003 (381 ) 108,159 (917 ) — — — — — — Total Other Debt 112,971 (561 ) 19,431 (393 ) 132,402 (954 ) — — — — — — Total debt securities $ 115,668 $ (564 ) $ 43,016 $ (585 ) $ 158,684 $ (1,149 ) $ 7,051 $ (206 ) $ 62,473 $ (8,543 ) $ 69,524 $ (8,749 ) 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 37 securities that were in a continuous loss position at March 31, 2016 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 Nine Months Ended March 31, March 31, (Dollars in thousands) 2016 2015 2016 2015 Beginning balance $ (20,528 ) $ (19,636 ) $ (20,503 ) $ (18,139 ) Additions for the amounts related to credit loss for which an other-than-temporary impairment was not previously recognized — (704 ) (106 ) (742 ) Increases to the amount related to the credit loss for which other-than-temporary impairment was previously recognized (8 ) (3 ) (43 ) (1,462 ) Credit losses realized for securities sold — — 116 — Ending balance $ (20,536 ) $ (20,343 ) $ (20,536 ) $ (20,343 ) At March 31, 2016 , non-agency RMBS with a total carrying amount of $94,658 were determined to have cumulative credit losses of $20,536 of which $8 was recognized in earnings during the three months ended March 31, 2016 . This quarter’s other-than-temporary impairment of $8 is related to two non-agency RMBS with a total carrying amount of $2,238 . 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 nine months ended March 31, 2016 were as follows: For the Three Months Ended For the Nine Months Ended March 31, March 31, (Dollars in thousands) 2016 2015 2016 2015 Proceeds 1 $ (67 ) $ — $ 10,002 $ 9,614 Gross realized gains 1 (14 ) — 919 587 Gross realized losses — — — — Net realized gain on securities $ (14 ) $ — $ 919 $ 587 __________________________________ 1. The proceeds of $(67) in the three months ended March 31, 2016 was the result of an underlying paydown receipt to the security sold by the Company during the three months ended December 31, 2015. The trustee did not apply the paydown receipt to the security until one month subsequent to the period ended December 31, 2015. This revised factor reduced the amount of par value sold and subsequently reduced the gross realized gain by $14 . This reduction to gain on sale was recognized during the three months ended March 31, 2016. The Company did not sell any securities during the three months ended March 31, 2016. The Company had recorded unrealized gains and unrealized losses in accumulated other comprehensive loss as follows: (Dollars in thousands) March 31, June 30, Available-for-sale debt securities—net unrealized gains $ 918 $ 3,877 Available-for-sale debt securities—non-credit related losses (248 ) (271 ) Held-to-maturity debt securities—non-credit related losses (14,246 ) (18,597 ) Subtotal (13,576 ) (14,991 ) Tax benefit 5,353 5,592 Net unrealized loss on investment securities in accumulated other comprehensive loss $ (8,223 ) $ (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 March 31, 2016 were: March 31, 2016 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 $ — $ 3,543 $ 3,538 $ 1,305 $ 1,367 Due one to five years — 10,922 10,925 4,937 5,162 Due five to ten years — 8,623 8,660 5,458 5,690 Due after ten years — 12,044 12,165 25,666 26,012 Total RMBS—U.S. agencies — 35,132 35,288 37,366 38,231 RMBS—Non-agency: Due within one year — 4,026 4,289 21,885 21,582 Due one to five years — 6,872 7,288 44,020 43,685 Due five to ten years — 2,030 2,279 31,981 32,006 Due after ten years — 2,790 3,181 40,125 39,819 Total RMBS—Non-agency — 15,718 17,037 138,011 137,092 Other debt: Due within one year — 110,350 110,323 1,037 1,179 Due one to five years — 108,880 108,293 4,813 5,473 Due five to ten years — 4,131 4,169 7,556 8,596 Due after ten years 7,589 3,524 3,543 22,511 25,815 Total other debt 7,589 226,885 226,328 35,917 41,063 Total $ 7,589 $ 277,735 $ 278,653 $ 211,294 $ 216,386

LOANS, LEASES & ALLOWANCE FOR L

LOANS, LEASES & ALLOWANCE FOR LOANS AND LEASE LOSSES	9 Months Ended
	Mar. 31, 2016
Receivables [Abstract]
LOANS, LEASES & ALLOWANCE FOR LOANS AND LEASE LOSSES	LOANS, LEASES & ALLOWANCE FOR LOAN AND LEASE LOSSES The following table sets forth the composition of the loan and lease portfolio as of the dates indicated: (Dollars in thousands) March 31, 2016 June 30, 2015 Single family real estate secured: Mortgage $ 3,541,663 $ 2,980,795 Home equity 3,156 3,604 Warehouse and other 1 506,031 385,413 Multifamily real estate secured 1,276,934 1,185,531 Commercial real estate secured 98,791 61,403 Auto and RV secured 45,293 13,140 Factoring 145,485 122,200 Commercial & Industrial 480,939 248,584 Other 4,374 601 Total gross loans and leases 6,102,666 5,001,271 Allowance for loan and lease losses (36,931 ) (28,327 ) Unaccreted discounts and loan and lease fees (31,035 ) (44,326 ) Total net loans and leases $ 6,034,700 $ 4,928,618 1. The balance of single family warehouse loans was $168,924 at March 31, 2016 and $122,003 at June 30, 2015 . The remainder of the balance is attributable to single family lender finance loans. Allowance for Loan and Lease Losses. We are committed to maintaining the allowance for loan and lease 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 and lease losses is adequate at March 31, 2016 , future additions to the allowance will be subject to continuing evaluation of estimated and known, as well as inherent risks in the loan and lease portfolio. Allowance for Loan and Lease Loss Disclosures. The assessment of the adequacy of the Company’s allowance for loan and lease losses is based upon a number of quantitative and qualitative factors, including levels and trends of past due and nonaccrual loans and leases, change in volume and mix of loans and leases, 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 March 31, 2016 was determined by classifying each outstanding loan according to semi-annually refreshed FICO score and providing loss rates. The Company had $45,029 of auto and RV loan balances subject to general reserves as follows: FICO greater than or equal to 770: $14,988 ; 715 – 769: $16,555 ; 700 – 714: $5,395 ; 660 – 699: $6,114 and less than 660: $1,977 . 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 $3,522,877 of single family mortgage portfolio loan balances subject to general reserves as follows: LTV less than or equal to 60%: $1,885,192 ; 61% – 70%: $1,317,437 ; 71% – 80%: $320,045 ; and greater than 80%: $203 . The Company had $1,272,206 of multifamily mortgage portfolio loan balances subject to general reserves as follows: LTV less than or equal to 55%: $557,270 ; 56% – 65%: $418,087 ; 66% – 75%: $282,475 ; 76% – 80%: $14,374 and greater than 80%: $0 . The Company had $98,419 of commercial real estate loan balances subject to general reserves as follows: LTV less than or equal to 50%: $33,126 ; 51% – 60%: $24,237 ; 61% – 70%: $36,770 ; and 71% – 80%: $4,286 . 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 and leases well-collateralized by business assets, including the equipment leases from Pacific Western Equipment Finance purchased on March 31, 2016. The Company’s other portfolio consists of other consumer loans. The Company allocates its allowance for loan and lease losses 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 and lease losses by portfolio classes for the periods indicated: For the Three Months Ended March 31, 2016 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 January 1, 2016 $ 17,167 $ 45 $ 2,643 $ 3,293 $ 736 $ 1,840 $ 359 $ 6,602 $ 2,386 $ 35,071 Provision for loan and lease loss 947 (20 ) (170 ) 637 20 (611 ) 3 1,055 139 2,000 Charge-offs (29 ) — — (114 ) (29 ) (15 ) — — — (187 ) Recoveries 1 7 — — — 39 — — — 47 Balance at March 31, 2016 $ 18,086 $ 32 $ 2,473 $ 3,816 $ 727 $ 1,253 $ 362 $ 7,657 $ 2,525 $ 36,931 For the Three Months Ended March 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 January 1, 2015 $ 11,792 $ 97 $ 1,585 $ 4,234 $ 985 $ 1,053 $ 270 $ 3,153 $ 18 $ 23,187 Provision for loan and lease loss 1,400 53 484 203 (36 ) (73 ) 24 758 87 2,900 Charge-offs (694 ) (30 ) — (44 ) — (55 ) — — — (823 ) Recoveries 137 3 — — — 45 — — 6 191 Balance at March 31, 2015 $ 12,635 $ 123 $ 2,069 $ 4,393 $ 949 $ 970 $ 294 $ 3,911 $ 111 $ 25,455 For the Nine Months Ended March 31, 2016 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 and lease loss 4,365 (116 ) 594 (433 ) (1,329 ) 418 70 1,775 2,456 7,800 Charge-offs (106 ) (2 ) — (114 ) (29 ) (221 ) — — — (472 ) Recoveries 163 28 — — 982 103 — — — 1,276 Balance at March 31, 2016 $ 18,086 $ 32 $ 2,473 $ 3,816 $ 727 $ 1,253 $ 362 $ 7,657 $ 2,525 $ 36,931 For the Nine Months Ended March 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, 2014 $ 7,959 $ 134 $ 1,259 $ 3,785 $ 1,035 $ 812 $ 279 $ 3,048 $ 62 $ 18,373 Provision for loan and lease loss 5,265 10 810 952 70 278 15 863 37 8,300 Charge-offs (734 ) (30 ) — (344 ) (156 ) (201 ) — — — (1,465 ) Recoveries 145 9 — — — 81 — — 12 247 Balance at March 31, 2015 $ 12,635 $ 123 $ 2,069 $ 4,393 $ 949 $ 970 $ 294 $ 3,911 $ 111 $ 25,455 The following tables present our loans and leases evaluated individually for impairment by class: March 31, 2016 (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 $ 717 $ 8,272 $ 519 $ 8,791 $ — Purchased 5,890 2,005 3,885 97 3,982 — Multifamily Real Estate Secured: Purchased 2,532 1,050 1,482 — 1,482 — Commercial Real Estate Secured: Purchased 629 257 372 41 413 — Auto and RV Secured: In-house originated 930 701 229 14 243 — With an allowance recorded: Single Family Real Estate Secured: Mortgage: In-house originated 4,493 — 4,493 62 4,555 179 Purchased 2,136 — 2,136 5 2,141 50 Home Equity: In-house originated 34 — 34 — 34 1 Multifamily Real Estate Secured: In-house originated 3,246 — 3,246 61 3,307 2 Auto and RV Secured: In-house originated 35 — 35 2 37 1 Total $ 28,914 $ 4,730 $ 24,184 $ 801 $ 24,985 $ 233 As a % of total gross loans and leases 0.48 % 0.08 % 0.40 % 0.01 % 0.41 % — % 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 and leases 0.74 % 0.12 % 0.62 % 0.01 % 0.63 % 0.01 % The following tables present the balance in the allowance for loan and lease losses and the recorded investment in loans and leases by portfolio segment and based on impairment evaluation method: March 31, 2016 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 and lease losses: Ending allowance balance attributable to loans and leases: Individually evaluated for impairment $ 229 $ 1 $ — $ 2 $ — $ 1 $ — $ — $ — $ 233 Collectively evaluated for impairment 17,857 31 2,473 3,814 727 1,252 362 7,657 2,525 36,698 Total ending allowance balance $ 18,086 $ 32 $ 2,473 $ 3,816 $ 727 $ 1,253 $ 362 $ 7,657 $ 2,525 $ 36,931 Loans and leases: Loans and leases individually evaluated for impairment 1 $ 18,786 $ 34 $ — $ 4,728 $ 372 $ 264 $ — $ — $ — $ 24,184 Loans and leases collectively evaluated for impairment 3,522,877 3,122 506,031 1,272,206 98,419 45,029 145,485 480,939 4,374 6,078,482 Principal loan and lease balance 3,541,663 3,156 506,031 1,276,934 98,791 45,293 145,485 480,939 4,374 6,102,666 Unaccreted discounts and loan and lease fees 13,390 20 (2,467 ) 4,096 425 615 (48,838 ) 1,777 (53 ) (31,035 ) Accrued interest receivable 12,609 5 1,787 5,136 345 127 341 675 78 21,103 Total recorded investment in loans and leases $ 3,567,662 $ 3,181 $ 505,351 $ 1,286,166 $ 99,561 $ 46,035 $ 96,988 $ 483,391 $ 4,399 $ 6,092,734 ________________ 1. Loans and leases 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 and lease losses: Ending allowance balance attributable to loans and leases: 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 and leases: Loans and leases individually evaluated for impairment 1 $ 23,059 $ 9 $ — $ 5,399 $ 2,128 $ 453 $ — $ — $ — $ 31,048 Loans and leases 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 and lease 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 and lease 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 and leases $ 3,001,763 $ 3,620 $ 385,636 $ 1,193,741 $ 61,644 $ 13,362 $ 65,454 $ 248,681 $ 601 $ 4,974,502 ________________ 1. Loans and leases evaluated for impairment include TDRs that have been performing for more than six months . Credit Quality Disclosures. Non-performing loans and leases consisted of the following as of the dates indicated: (Dollars in thousands) March 31, June 30, Single Family Real Estate Secured: Mortgage: In-house originated $ 12,765 $ 16,485 Purchased 5,809 6,357 Home Equity: In-house originated 34 9 Multifamily Real Estate Secured: In-house originated 3,246 3,430 Purchased 1,482 1,969 Commercial Real Estate Secured: Purchased 372 2,128 Total non-performing loans secured by real estate 23,708 30,378 Auto and RV Secured 264 453 Total non-performing loans and leases $ 23,972 $ 30,831 Non-performing loans and leases to total loans and leases 0.39 % 0.62 % The Company has no loans and leases over 90 days delinquent that are still accruing interest at March 31, 2016 . Approximately 77.48% of the Company’s non-performing loans and leases are single family first mortgages already written down to 65.37% in aggregate, of the original appraisal value of the underlying properties. The following tables present the outstanding unpaid balance of loans and leases that are performing and non-performing by portfolio class: March 31, 2016 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 $ 3,523,089 $ 3,122 $ 506,031 $ 1,272,206 $ 98,419 $ 45,029 $ 145,485 $ 480,939 $ 4,374 $ 6,078,694 Non-performing 18,574 34 — 4,728 372 264 — — — 23,972 Total $ 3,541,663 $ 3,156 $ 506,031 $ 1,276,934 $ 98,791 $ 45,293 $ 145,485 $ 480,939 $ 4,374 $ 6,102,666 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: March 31, 2016 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 $ 3,448,448 $ 74,641 $ 3,523,089 $ 1,163,275 $ 108,931 $ 1,272,206 $ 86,227 $ 12,192 $ 98,419 Non-performing 12,765 5,809 18,574 3,246 1,482 4,728 — 372 372 Total $ 3,461,213 $ 80,450 $ 3,541,663 $ 1,166,521 $ 110,413 $ 1,276,934 $ 86,227 $ 12,564 $ 98,791 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 13.61% of our non-performing loans and leases at March 31, 2016 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 and lease category to the performing loan and lease 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 and leases as follows: March 31, 2016 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 $ 212 $ — $ — $ — $ — $ — $ — $ — $ — $ 212 Non-performing loans and leases 18,574 34 — 4,728 372 264 — — — 23,972 Total impaired loans and leases $ 18,786 $ 34 $ — $ 4,728 $ 372 $ 264 $ — $ — $ — $ 24,184 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 and leases 22,842 9 — 5,399 2,128 453 — — — 30,831 Total impaired loans and leases $ 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 March 31, 2016 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 $ 213 $ — $ — $ — $ — $ — $ — $ — $ — $ 213 Average balances of impaired loans $ 19,977 $ 21 $ — $ 4,787 $ 372 $ 282 $ — $ — $ — $ 25,439 For the Three Months Ended March 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 $ 377 $ — $ — $ — $ — $ — $ — $ — $ — $ 377 Average balances of impaired loans $ 27,097 $ 32 $ — $ 5,327 $ 2,164 $ 430 $ — $ — $ — $ 35,050 For the Nine Months Ended March 31, 2016 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 $ 215 $ — $ — $ — $ — $ — $ — $ — $ — $ 215 Average balances of impaired loans $ 21,559 $ 15 $ — $ 5,064 $ 1,147 $ 340 $ — $ — $ — $ 28,125 For the Nine Months Ended March 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 $ 14 $ — $ — $ — $ 20 $ — $ — $ — $ — $ 34 Average balances of performing TDRs $ 570 $ — $ — $ — $ 348 $ — $ — $ — $ — $ 918 Average balances of impaired loans $ 20,618 $ 62 $ — $ 5,300 $ 3,253 $ 464 $ — $ — $ — $ 29,697 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 and leases 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 and leases individually by classifying the loans and leases based on credit risk. The Company uses the following definitions for risk ratings. Pass. Loans and leases 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 and leases 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 lease or of the institution’s credit position at some future date. Substandard . Loans and leases 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 and leases 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 and leases 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 and leases following a continuous review process, featuring coverage of all loan and lease 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 and lease portfolio by credit quality indicators: March 31, 2016 (Dollars in thousands) Pass Special Substandard Doubtful Total Single Family Real Estate Secured: Mortgage: In-house originated $ 3,423,247 $ 19,713 $ 18,253 $ — $ 3,461,213 Purchased 73,891 64 6,495 — 80,450 Home Equity: In-house originated 3,104 17 35 — 3,156 Warehouse and other: In-house originated 501,500 4,531 — — 506,031 Multifamily Real Estate Secured: In-house originated 1,158,436 4,839 3,246 — 1,166,521 Purchased 105,084 2,781 2,548 — 110,413 Commercial Real Estate Secured: In-house originated 86,227 — — — 86,227 Purchased 10,169 2,023 372 — 12,564 Auto and RV Secured: In-house originated 44,969 17 307 — 45,293 Factoring: In-house originated 145,485 — — — 145,485 Commercial & Industrial: In-house originated 342,911 — 1,190 — 344,101 Purchased 136,838 — — — 136,838 Other 1,140 3,234 — — 4,374 Total $ 6,033,001 $ 37,219 $ 32,446 $ — $ 6,102,666 As a % of total gross loans and leases 98.9 % 0.6 % 0.5 % — % 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 and leases 98.3 % 1.0 % 0.7 % — % 100.0 % The Company considers the performance of the loan and lease portfolio and its impact on the allowance for loan and lease losses. The Company also evaluates credit quality based on the aging status of its loans and leases. The following table provides the outstanding unpaid balance of loans and leases that are past due 30 days or more by portfolio class as of the period indicated: March 31, 2016 (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 $ 2,956 $ 4,634 $ 12,734 $ 20,324 Purchased 386 437 2,475 3,298 Home equity: In-house originated — 17 29 46 Multifamily real estate secured: In-house originated — — 791 791 Commercial real estate secured: Purchased — — 372 372 Auto and RV secured 348 17 58 423 Other 1,059 3,234 — 4,293 Total $ 4,749 $ 8,339 $ 16,459 $ 29,547 As a % of total gross loans and leases 0.07 % 0.14 % 0.27 % 0.48 % 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 and leases 0.06 % 0.06 % 0.33 % 0.45 %

SUBORNIDATED NOTES AND DEBENTUR

SUBORNIDATED NOTES AND DEBENTURES SUBORDINATED NOTES AND DEBENTURES	9 Months Ended
	Mar. 31, 2016
Debt Disclosure [Abstract]
SUBORDINATED NOTES AND DEBENTURES	SUBORDINATED NOTES AND DEBENTURES Subordinated Notes . In March 2016, the Company completed the sale of $51,000 aggregate principal amount of its 6.25% Subordinated Notes due February 28, 2026 (the “Notes”). The Company received $51,000 in gross proceeds as a part of this transaction, before the 3.15% underwriting discount and other offering expenses. The Notes mature on February 28, 2026 and accrue interest at a rate of 6.25% per annum, with interest payable quarterly. The Notes may be redeemed on or after March 31, 2021 , which date may be extended at the Company’s discretion, at a redemption price equal to principal plus accrued and unpaid interest, subject to certain conditions. Subordinated Debentures. In December 2004 , the Company entered into an agreement to form an unconsolidated trust which issued $5,000 of trust preferred securities. The net proceeds from the offering were used to purchase $5,155 of subordinated debentures (the “Debentures”) of the Company with a stated maturity date of February 23, 2035 . The Debentures are the sole assets of the trust. The trust preferred securities are mandatorily redeemable upon maturity, or upon earlier redemption as provided in the indenture. The Company has the right to redeem the Debentures in whole, but not in part, on or after specific dates, at a redemption price specified in the indenture plus any accrued but unpaid interest through the redemption date. Interest accrues at the rate of 3 months LIBOR plus 2.4% (with LIBOR at 1.59% as of March 31, 2016 ), with interest paid quarterly starting February 16, 2005 .

EQUITY AND STOCK-BASED COMPENSA

EQUITY AND STOCK-BASED COMPENSATION	9 Months Ended
	Mar. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
EQUITY AND STOCK-BASED COMPENSATION	EQUITY AND 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. On March 17, 2016, the Board of Directors of the Company, authorized a program to repurchase up to $100 million of common stock. The new share repurchase authorization replaces the previous share repurchase plan approved on July 5, 2005. The Company may repurchase shares on the open market or through privately negotiated transactions at times and prices considered appropriate, at the discretion of the Company, and subject to its assessment of alternative uses of capital, stock trading price, general market conditions and regulatory factors. The repurchase program does not obligate the Company to acquire any specific number of shares. The share repurchase program will continue in effect until terminated by the Board of Directors of the Company. 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 March 31, 2016 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 (80,800 ) 1.84 Canceled — — Outstanding—March 31, 2016 1,600 $ 1.84 Options exercisable—June 30, 2014 427,800 $ 2.18 Options exercisable—June 30, 2015 82,400 $ 1.84 Options exercisable—March 31, 2016 1,600 $ 1.84 The following table summarizes information on currently outstanding and exercisable options: As of March 31, 2016 Options Outstanding Options Exercisable Exercise Prices Number Outstanding Weighted-Average Remaining Contractual Life (Years) Number Exercisable Weighted- Average Exercise Price $ 1.84 1,600 0.32 1,600 $ 1.84 The aggregate intrinsic value of options outstanding and options exercisable under the Plans at March 31, 2016 was $31 and $31 , 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 nine months ended March 31, 2016 and 2015 , the Company granted 615,362 and 648,596 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 March 31, 2016 and March 31, 2015 included stock award expense of $3,353 and $1,772 , with total income tax benefit of $1,394 and $ 728 , respectively. For the nine months ended March 31, 2016 and March 31, 2015 stock award expense was $8,470 and $4,787 , with total income tax benefit of $3,532 and $1,967 , 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 March 31, 2016 , unrecognized compensation expense related to non-vested awards aggregated to $24,825 and is expected to be recognized in future periods as follows: (Dollars in thousands) Stock Award Compensation Expense For the fiscal year remainder: 2016 $ 3,171 2017 10,987 2018 7,749 2019 2,918 Total $ 24,825 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 615,362 26.61 Vested (262,747 ) 13.77 Canceled (80,511 ) 20.26 Non-vested balance at March 31, 2016 1,407,192 $ 21.44 The total fair value of shares vested for the three and nine months ended March 31, 2016 was $155 and $7,303 . The total fair value of shares vested for the three and nine months ended March 31, 2015 was $288 and $5,223 .

EARNINGS PER SHARE ("EPS")

EARNINGS PER SHARE ("EPS")	9 Months Ended
	Mar. 31, 2016
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 Nine Months Ended March 31, March 31, (Dollars in thousands, except per share data) 2016 2015 2016 2015 Earnings Per Common Share 1 Net income $ 35,914 $ 21,074 $ 89,564 $ 58,287 Preferred stock dividends (77 ) (77 ) (232 ) (232 ) Net income attributable to common shareholders $ 35,837 $ 20,997 $ 89,332 $ 58,055 Average common shares issued and outstanding 63,066,262 60,889,204 62,849,818 59,500,280 Average unvested RSU shares 1,419,603 1,291,012 1,345,764 1,214,684 Total qualifying shares 64,485,865 62,180,216 64,195,582 60,714,964 Earnings per common share $ 0.56 $ 0.34 $ 1.39 $ 0.96 Diluted Earnings Per Common Share 1 Net income attributable to common shareholders $ 35,837 $ 20,997 $ 89,332 $ 58,055 Dilutive net income attributable to common shareholders $ 35,837 $ 20,997 $ 89,332 $ 58,055 Average common shares issued and outstanding 64,485,865 62,180,216 64,195,582 60,714,964 Dilutive effect of stock options 951 237,544 7,625 236,088 Total dilutive common shares issued and outstanding 64,486,816 62,417,760 64,203,207 60,951,052 Diluted earnings per common share $ 0.56 $ 0.34 $ 1.39 $ 0.95 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	9 Months Ended
	Mar. 31, 2016
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 March 31, 2016 , the Company had commitments to originate $91,724 in fixed rate loans and $133,203 in variable rate loans, totaling an aggregate outstanding principal balance of $224,927 . Our fixed rate loan commitments to originate had rates ranging from 2.75% to 6.59% . At March 31, 2016 , the Company also had commitments to sell $105,352 in fixed rate loans and $1,431 in variable rate loans, totaling an aggregate outstanding principal balance of $106,783 . At March 31, 2016 , the Company also had commitments to originate fixed rate leases of $2,095 . 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, the Company, its Chief Executive Officer and its Chief Financial Officer were named defendants in a putative class action lawsuit styled Golden v. BofI Holding, Inc., et al , and brought in United States District Court for the Southern District of California (the “Golden Case”). On November 3, 2015, the Company, its Chief Executive Officer and its Chief Financial Officer were named defendants in a second putative class action lawsuit styled Hazan v. BofI Holding, Inc., et al , and also brought in the United States District Court for the Southern District of California (the “Hazan Case”). On February 1, 2016, the Golden Case and the Hazan Case were consolidated as In re BofI Holding, Inc. Securities Litigation, Case #: 3:15-cv-02324-GPC-KSC (the “Class Action”), and the Houston Municipal Employees Pension System was appointed lead plaintiff. The Class Action complaint was amended by a certain Consolidated Amended Class Complaint filed on April 11, 2016. The Class Action plaintiff seeks monetary damages and other relief on behalf of a putative class that has not been certified by the Court. The complaints filed in the Golden Case and the Hazan Case both allege that the defendants violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, and Rule 10b-5 promulgated thereunder, by failing to disclose the wrongful conduct that is alleged in a complaint that was filed in a wrongful termination of employment lawsuit (the “Employment Matter”), and that as a result the Company’s statements regarding its internal controls, as well as portions of its financial statements, were false and misleading. The Company and the other named defendants dispute the allegations advanced by the plaintiffs in the Class Action and in the Employment Matter, as well as those plaintiffs’ statement of the underlying factual circumstances, and are vigorously defending both cases. In addition to the Class Action, two separate shareholder derivative actions were filed in December, 2015, purportedly on behalf of the Company. The first derivative 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 derivative action, Dow v. Micheletti , et al, was filed in the San Diego County Superior Court on December 16, 2015. A third derivative action, DeYoung v. Garrabrants , et al, was filed in the United States District Court for the Southern District of California on January 22, 2016, a fourth derivative action, Yong v. Garrabrants , et al, was filed in the United States District Court for the Southern District of California on January 29, 2016, and a fifth derivative action Laborers Pension Trust Fund of Northern Nevada v. Allrich et al, was filed in the United States District Court for the Southern District of California on February 2, 2016. Each of these five derivative 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 fiduciary duties, gross mismanagement, abuse of control, and unjust enrichment against the defendant officers and directors. The plaintiffs in these derivative actions 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 Company and the other defendants dispute these allegations and are vigorously defending these actions.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	9 Months Ended
	Mar. 31, 2016
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 nine months ended March 31, 2016 , and no new loans and no refinances of existing loans during the nine months ended March 31, 2015 .

SIGNIFICANT ACCOUNTING POLICI19

SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Mar. 31, 2016
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 and Lease Losses. The allowance for loan and lease losses is maintained at a level estimated to provide for probable incurred losses in the loan and lease portfolio. Management determines the adequacy of the allowance based on reviews of individual loans and leases 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 and lease 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 and lease losses and the underlying bank’s capital ratios. Also a factor is the Company’s loan and lease loss experience in the local economy in which the bank operates. At March 31, 2016 , the Company’s forecast of cash flows for both securities includes actual and forecasted defaults totaling 18.3% 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 March 31, 2016 , 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 March 31, 2016 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 $799 . 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 $924 . 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 February 2016) was 4.9% , 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 March 31, 2016 are from 40.0% up to 68.6% 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 March 31, 2016 are from 1.5% up to 15.6% 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 March 31, 2016 , the Company computed its discount rates as a spread between 242 and 719 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 and leases 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 and leases individually by classifying the loans and leases based on credit risk. The Company uses the following definitions for risk ratings. Pass. Loans and leases 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 and leases 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 lease or of the institution’s credit position at some future date. Substandard . Loans and leases 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 and leases 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 and leases 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 and leases following a continuous review process, featuring coverage of all loan and lease 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)	9 Months Ended
	Mar. 31, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets and Liabilities Measured at Fair Value on Recurring Basis	The following table sets forth the Company’s financial assets and liabilities measured at fair value on a recurring basis at March 31, 2016 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: March 31, 2016 (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 $ — $ — $ 7,589 $ 7,589 Securities—Available-for-Sale: Agency RMBS $ — $ 35,288 $ — $ 35,288 Non-Agency RMBS — — 17,037 17,037 Municipal — 33,616 — 33,616 Other Debt Securities — 192,712 — 192,712 Total—Securities—Available-for-Sale $ — $ 261,616 $ 17,037 $ 278,653 Loans Held for Sale $ — $ 42,682 $ — $ 42,682 Mortgage Servicing Rights $ — $ — $ 3,375 $ 3,375 Other assets – Derivative Instruments $ — $ — $ 2,394 $ 2,394 LIABILITIES: Other liabilities – Derivative Instruments $ — $ — $ 823 $ 823 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 March 31, 2016 (Dollars in thousands) Securities – Trading: Collateralized Debt Obligations Securities – Available-for-Sale: Non-Agency RMBS Mortgage Servicing Rights Derivative Instruments, net Total Opening balance $ 7,706 $ 21,136 $ 3,475 $ 1,031 $ 33,348 Transfers into Level 3 — — — — — Transfers out of Level 3 — — — — — Total gains or losses for the period: Included in earnings—Sale of mortgage-backed securities — 14 — — 14 Included in earnings—Fair value gain (loss) on trading securities (117 ) — — — (117 ) Included in earnings—Mortgage banking income — — (452 ) 540 88 Included in other comprehensive income — (532 ) — — (532 ) Purchases, originations, issues, sales and settlements: Purchases/originations — — 352 — 352 Sales — 67 — — 67 Settlements — (3,640 ) — — (3,640 ) Other-than-temporary impairment — (8 ) — — (8 ) Closing balance $ 7,589 $ 17,037 $ 3,375 $ 1,571 $ 29,572 Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period $ (117 ) $ 14 $ (452 ) $ 540 $ (15 ) For the Nine Months Ended March 31, 2016 (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 — (666 ) — — (666 ) Included in earnings—Fair value gain (loss) on trading securities (243 ) — — — (243 ) Included in earnings—Mortgage banking income — — (503 ) (690 ) (1,193 ) Included in other comprehensive income — (1,493 ) — — (1,493 ) Purchases, originations, issues, sales and settlements: Purchases/originations — — 1,780 — 1,780 Sales — (2,023 ) — — (2,023 ) Settlements — (5,367 ) — — (5,367 ) Other-than-temporary impairment — (47 ) — — (47 ) Closing balance $ 7,589 $ 17,037 $ 3,375 $ 1,571 $ 29,572 Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period $ (243 ) $ (666 ) $ (503 ) $ (690 ) $ (2,102 ) For the Three Months Ended March 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 $ 7,862 $ 31,926 $ 1,037 $ 659 $ 41,484 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 (124 ) — — — (124 ) Included in earnings—Mortgage banking income — — (194 ) 1,402 1,208 Included in other comprehensive income — (232 ) — — (232 ) Purchases, originations, issues, sales and settlements: Purchases/originations — — 511 — 511 Sales — — — — — Settlements — (3,013 ) — — (3,013 ) Other-than-temporary impairment — (704 ) — — (704 ) Closing balance $ 7,738 $ 27,977 $ 1,354 $ 2,061 $ 39,130 Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period $ (124 ) $ — $ (194 ) $ 1,402 $ 1,084 For the Nine Months Ended March 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 $ 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 (328 ) — — — (328 ) Included in earnings—Mortgage banking income — — (229 ) 1,186 957 Included in other comprehensive income — (1,351 ) — — (1,351 ) Purchases, originations, issues, sales and settlements: Purchases/originations — — 1,021 — 1,021 Sales — — — — — Settlements — (7,162 ) — — (7,162 ) Other-than-temporary impairment — (919 ) — — (919 ) Closing balance $ 7,738 $ 27,977 $ 1,354 $ 2,061 $ 39,130 Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period $ (328 ) $ — $ (229 ) $ 1,186 $ 629
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: March 31, 2016 (Dollars in thousands) Fair Value Valuation Technique(s) Unobservable Input Range (Weighted Average) 1 Impaired loans: Single family real estate secured: Mortgage $ 18,786 Sales comparison approach Adjustment for differences between the comparable sales -40.6 to 71.1% (11.9%) Home equity $ 34 Sales comparison approach Adjustment for differences between the comparable sales -27.2 to 0.0% (-14.3%) Multifamily real estate secured $ 4,728 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 58.0% (-17.1%) 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 23.7% (-4.7%) Auto and RV secured $ 264 Sales comparison approach Adjustment for differences between the comparable sales 0.0 to 41.1% (10.5%) Other real estate owned: Multifamily real estate secured $ 207 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 0.0% (-20.2%) Auto and RV secured $ 38 Sales comparison approach Adjustment for differences between the comparable sales 0.0 to 20.8% (8.6%) HTM Securities – Non-Agency RMBS $ 84,236 Discounted cash flow Constant prepayment rate, constant default rate, loss severity, discount rate over LIBOR 2.5 to 18.9% (10.1%) 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.
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 Nine Months Ended March 31, March 31, (Dollars in thousands) 2016 2015 2016 2015 Interest income on investments $ 60 $ 56 $ 178 $ 166 Fair value adjustment (117 ) (125 ) (243 ) (328 ) Total $ (57 ) $ (69 ) $ (65 ) $ (162 )
Fair Value Assets Measured on Nonrecurring Basis	The table below summarizes assets measured for impairment on a non-recurring basis: March 31, 2016 (Dollars in thousands) Quoted Prices in Significant Other Significant Balance Impaired Loans: Single family real estate secured: Mortgage $ — $ — $ 18,786 $ 18,786 Home equity — — 34 34 Multifamily real estate secured — — 4,728 4,728 Commercial real estate secured — — 372 372 Auto and RV secured — — 264 264 Total $ — $ — $ 24,184 $ 24,184 Other real estate owned and foreclosed assets: Multifamily real estate secured — — 207 207 Auto and RV secured — — 38 38 Total $ — $ — $ 245 $ 245 HTM Securities – Non-Agency RMBS $ — $ — $ 84,236 $ 84,236 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 March 31, 2016 and June 30, 2015 , the aggregate fair value, contractual balance (including accrued interest), and unrealized gain was as follows: (Dollars in thousands) March 31, 2016 June 30, 2015 Aggregate fair value $ 42,682 $ 25,430 Contractual balance 41,507 24,886 Unrealized gain $ 1,175 $ 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 Nine Months Ended March 31, March 31, (Dollars in thousands) 2016 2015 2016 2015 Interest income $ 148 $ 147 $ 581 $ 450 Change in fair value 1,223 1,583 (69 ) 1,453 Total $ 1,371 $ 1,730 $ 512 $ 1,903
Carrying Amounts and Estimated Fair Values of Financial Instruments at Period-end	The carrying amounts and estimated fair values of financial instruments at March 31, 2016 and June 30, 2015 were as follows: March 31, 2016 Fair Value (Dollars in thousands) Carrying Level 1 Level 2 Level 3 Total Fair Value Financial assets: Cash and cash equivalents $ 895,554 $ 895,554 $ — $ — $ 895,554 Securities trading 7,589 — — 7,589 7,589 Securities available-for-sale 278,653 — 261,616 17,037 278,653 Securities held-to-maturity 211,294 — 79,294 137,092 216,386 Loans held for sale, at fair value 42,682 — 42,682 — 42,682 Loans held for sale, at lower of cost or fair value 59,988 — — 59,988 59,988 Loans and leases held for investment—net 6,034,700 — — 6,266,723 6,266,723 Accrued interest receivable 23,913 — — 23,913 23,913 Mortgage servicing rights 3,375 — — 3,375 3,375 Financial liabilities: Time deposits and savings 6,048,031 — 5,872,046 — 5,872,046 Securities sold under agreements to repurchase 35,000 — 36,672 — 36,672 Advances from the Federal Home Loan Bank 858,000 — 876,794 — 876,794 Subordinated notes and debentures 56,155 — 56,155 — 56,155 Accrued interest payable 1,679 — 1,679 — 1,679 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 and leases 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 notes and 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: March 31, 2016 (Dollars in thousands) Fair Value Valuation Technique Unobservable Input Range (Weighted Average) Securities – Trading: Collateralized Debt Obligations $ 7,589 Discounted Cash Flow Total Projected Defaults, Discount Rate over Treasury 15.5 to 21.0% (18.3%) 5.0 to 5.0% (5.0%) Securities – Available-for-Sale: Non-agency RMBS $ 17,037 Discounted Cash Flow Projected Constant Prepayment Rate, 7.7 to 19.1% (13.1%) 2.1 to 10.0% (4.7%) Mortgage Servicing Rights $ 3,375 Discounted Cash Flow Projected Constant Prepayment Rate, 5.8 to 19.5% (10.1%) 3.6 to 7.1 (6.3) Derivative Instruments, net $ 1,571 Sales Comparison Approach Projected Sales Profit of Underlying Loans 0.3 to 0.6% (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%) 1.5 to 19.6% (5.6%) Mortgage Servicing Rights $ 2,098 Discounted Cash Flow Projected Constant Prepayment Rate, 4.4 to 19.2% (7.7%) 4.3 to 8.3 (7.4) Derivative Instruments, net $ 2,261 Sales Comparison Approach Projected Sales Profit of Underlying Loans 0.5 to 1.3% (0.8%)

SECURITIES (Tables)

SECURITIES (Tables)	9 Months Ended
	Mar. 31, 2016
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 March 31, 2016 and June 30, 2015 were: March 31, 2016 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 $ — $ 35,132 $ 349 $ (193 ) $ 35,288 $ 37,366 $ 867 $ (2 ) $ 38,231 Non-agency 2 — 15,718 1,321 (2 ) 17,037 138,011 7,828 (8,747 ) 137,092 Total mortgage-backed securities — 50,850 1,670 (195 ) 52,325 175,377 8,695 (8,749 ) 175,323 Other debt securities: Municipal — 33,541 112 (37 ) 33,616 35,917 5,146 — 41,063 Non-agency 3 7,589 193,344 285 (917 ) 192,712 — — — — Total other debt securities 7,589 226,885 397 (954 ) 226,328 35,917 5,146 — 41,063 Total debt securities $ 7,589 $ 277,735 $ 2,067 $ (1,149 ) $ 278,653 $ 211,294 $ 13,841 $ (8,749 ) $ 216,386 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: March 31, 2016 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 $ 151 $ (1 ) $ 23,585 $ (192 ) $ 23,736 $ (193 ) $ 146 $ (2 ) $ — $ — $ 146 $ (2 ) Non-agency 2,546 (2 ) — — 2,546 (2 ) 6,905 (204 ) 62,473 (8,543 ) 69,378 (8,747 ) Total RMBS securities 2,697 (3 ) 23,585 (192 ) 26,282 (195 ) 7,051 (206 ) 62,473 (8,543 ) 69,524 (8,749 ) Other Debt: Municipal Debt 22,815 (25 ) 1,428 (12 ) 24,243 (37 ) — — — — — — Non-agency 90,156 (536 ) 18,003 (381 ) 108,159 (917 ) — — — — — — Total Other Debt 112,971 (561 ) 19,431 (393 ) 132,402 (954 ) — — — — — — Total debt securities $ 115,668 $ (564 ) $ 43,016 $ (585 ) $ 158,684 $ (1,149 ) $ 7,051 $ (206 ) $ 62,473 $ (8,543 ) $ 69,524 $ (8,749 ) 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 Nine Months Ended March 31, March 31, (Dollars in thousands) 2016 2015 2016 2015 Beginning balance $ (20,528 ) $ (19,636 ) $ (20,503 ) $ (18,139 ) Additions for the amounts related to credit loss for which an other-than-temporary impairment was not previously recognized — (704 ) (106 ) (742 ) Increases to the amount related to the credit loss for which other-than-temporary impairment was previously recognized (8 ) (3 ) (43 ) (1,462 ) Credit losses realized for securities sold — — 116 — Ending balance $ (20,536 ) $ (20,343 ) $ (20,536 ) $ (20,343 )
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 nine months ended March 31, 2016 were as follows: For the Three Months Ended For the Nine Months Ended March 31, March 31, (Dollars in thousands) 2016 2015 2016 2015 Proceeds 1 $ (67 ) $ — $ 10,002 $ 9,614 Gross realized gains 1 (14 ) — 919 587 Gross realized losses — — — — Net realized gain on securities $ (14 ) $ — $ 919 $ 587 __________________________________ 1. The proceeds of $(67) in the three months ended March 31, 2016 was the result of an underlying paydown receipt to the security sold by the Company during the three months ended December 31, 2015. The trustee did not apply the paydown receipt to the security until one month subsequent to the period ended December 31, 2015. This revised factor reduced the amount of par value sold and subsequently reduced the gross realized gain by $14 . This reduction to gain on sale was recognized during the three months ended March 31, 2016. The Company did not sell any securities during the three months ended March 31, 2016.
Unrealized Gain (Loss) on Investments	The Company had recorded unrealized gains and unrealized losses in accumulated other comprehensive loss as follows: (Dollars in thousands) March 31, June 30, Available-for-sale debt securities—net unrealized gains $ 918 $ 3,877 Available-for-sale debt securities—non-credit related losses (248 ) (271 ) Held-to-maturity debt securities—non-credit related losses (14,246 ) (18,597 ) Subtotal (13,576 ) (14,991 ) Tax benefit 5,353 5,592 Net unrealized loss on investment securities in accumulated other comprehensive loss $ (8,223 ) $ (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 March 31, 2016 were: March 31, 2016 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 $ — $ 3,543 $ 3,538 $ 1,305 $ 1,367 Due one to five years — 10,922 10,925 4,937 5,162 Due five to ten years — 8,623 8,660 5,458 5,690 Due after ten years — 12,044 12,165 25,666 26,012 Total RMBS—U.S. agencies — 35,132 35,288 37,366 38,231 RMBS—Non-agency: Due within one year — 4,026 4,289 21,885 21,582 Due one to five years — 6,872 7,288 44,020 43,685 Due five to ten years — 2,030 2,279 31,981 32,006 Due after ten years — 2,790 3,181 40,125 39,819 Total RMBS—Non-agency — 15,718 17,037 138,011 137,092 Other debt: Due within one year — 110,350 110,323 1,037 1,179 Due one to five years — 108,880 108,293 4,813 5,473 Due five to ten years — 4,131 4,169 7,556 8,596 Due after ten years 7,589 3,524 3,543 22,511 25,815 Total other debt 7,589 226,885 226,328 35,917 41,063 Total $ 7,589 $ 277,735 $ 278,653 $ 211,294 $ 216,386

LOANS, LEASES & ALLOWANCE FOR22

LOANS, LEASES & ALLOWANCE FOR LOANS AND LEASE LOSSES (Tables)	9 Months Ended
	Mar. 31, 2016
Receivables [Abstract]
Schedule of Loans by Loan Portfolio	The following table sets forth the composition of the loan and lease portfolio as of the dates indicated: (Dollars in thousands) March 31, 2016 June 30, 2015 Single family real estate secured: Mortgage $ 3,541,663 $ 2,980,795 Home equity 3,156 3,604 Warehouse and other 1 506,031 385,413 Multifamily real estate secured 1,276,934 1,185,531 Commercial real estate secured 98,791 61,403 Auto and RV secured 45,293 13,140 Factoring 145,485 122,200 Commercial & Industrial 480,939 248,584 Other 4,374 601 Total gross loans and leases 6,102,666 5,001,271 Allowance for loan and lease losses (36,931 ) (28,327 ) Unaccreted discounts and loan and lease fees (31,035 ) (44,326 ) Total net loans and leases $ 6,034,700 $ 4,928,618 1. The balance of single family warehouse loans was $168,924 at March 31, 2016 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 and lease losses by portfolio classes for the periods indicated: For the Three Months Ended March 31, 2016 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 January 1, 2016 $ 17,167 $ 45 $ 2,643 $ 3,293 $ 736 $ 1,840 $ 359 $ 6,602 $ 2,386 $ 35,071 Provision for loan and lease loss 947 (20 ) (170 ) 637 20 (611 ) 3 1,055 139 2,000 Charge-offs (29 ) — — (114 ) (29 ) (15 ) — — — (187 ) Recoveries 1 7 — — — 39 — — — 47 Balance at March 31, 2016 $ 18,086 $ 32 $ 2,473 $ 3,816 $ 727 $ 1,253 $ 362 $ 7,657 $ 2,525 $ 36,931 For the Three Months Ended March 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 January 1, 2015 $ 11,792 $ 97 $ 1,585 $ 4,234 $ 985 $ 1,053 $ 270 $ 3,153 $ 18 $ 23,187 Provision for loan and lease loss 1,400 53 484 203 (36 ) (73 ) 24 758 87 2,900 Charge-offs (694 ) (30 ) — (44 ) — (55 ) — — — (823 ) Recoveries 137 3 — — — 45 — — 6 191 Balance at March 31, 2015 $ 12,635 $ 123 $ 2,069 $ 4,393 $ 949 $ 970 $ 294 $ 3,911 $ 111 $ 25,455 For the Nine Months Ended March 31, 2016 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 and lease loss 4,365 (116 ) 594 (433 ) (1,329 ) 418 70 1,775 2,456 7,800 Charge-offs (106 ) (2 ) — (114 ) (29 ) (221 ) — — — (472 ) Recoveries 163 28 — — 982 103 — — — 1,276 Balance at March 31, 2016 $ 18,086 $ 32 $ 2,473 $ 3,816 $ 727 $ 1,253 $ 362 $ 7,657 $ 2,525 $ 36,931 For the Nine Months Ended March 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, 2014 $ 7,959 $ 134 $ 1,259 $ 3,785 $ 1,035 $ 812 $ 279 $ 3,048 $ 62 $ 18,373 Provision for loan and lease loss 5,265 10 810 952 70 278 15 863 37 8,300 Charge-offs (734 ) (30 ) — (344 ) (156 ) (201 ) — — — (1,465 ) Recoveries 145 9 — — — 81 — — 12 247 Balance at March 31, 2015 $ 12,635 $ 123 $ 2,069 $ 4,393 $ 949 $ 970 $ 294 $ 3,911 $ 111 $ 25,455
Impaired Financing Receivables	The following tables present our loans and leases evaluated individually for impairment by class: March 31, 2016 (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 $ 717 $ 8,272 $ 519 $ 8,791 $ — Purchased 5,890 2,005 3,885 97 3,982 — Multifamily Real Estate Secured: Purchased 2,532 1,050 1,482 — 1,482 — Commercial Real Estate Secured: Purchased 629 257 372 41 413 — Auto and RV Secured: In-house originated 930 701 229 14 243 — With an allowance recorded: Single Family Real Estate Secured: Mortgage: In-house originated 4,493 — 4,493 62 4,555 179 Purchased 2,136 — 2,136 5 2,141 50 Home Equity: In-house originated 34 — 34 — 34 1 Multifamily Real Estate Secured: In-house originated 3,246 — 3,246 61 3,307 2 Auto and RV Secured: In-house originated 35 — 35 2 37 1 Total $ 28,914 $ 4,730 $ 24,184 $ 801 $ 24,985 $ 233 As a % of total gross loans and leases 0.48 % 0.08 % 0.40 % 0.01 % 0.41 % — % 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 and leases 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 and lease losses and the recorded investment in loans and leases by portfolio segment and based on impairment evaluation method: March 31, 2016 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 and lease losses: Ending allowance balance attributable to loans and leases: Individually evaluated for impairment $ 229 $ 1 $ — $ 2 $ — $ 1 $ — $ — $ — $ 233 Collectively evaluated for impairment 17,857 31 2,473 3,814 727 1,252 362 7,657 2,525 36,698 Total ending allowance balance $ 18,086 $ 32 $ 2,473 $ 3,816 $ 727 $ 1,253 $ 362 $ 7,657 $ 2,525 $ 36,931 Loans and leases: Loans and leases individually evaluated for impairment 1 $ 18,786 $ 34 $ — $ 4,728 $ 372 $ 264 $ — $ — $ — $ 24,184 Loans and leases collectively evaluated for impairment 3,522,877 3,122 506,031 1,272,206 98,419 45,029 145,485 480,939 4,374 6,078,482 Principal loan and lease balance 3,541,663 3,156 506,031 1,276,934 98,791 45,293 145,485 480,939 4,374 6,102,666 Unaccreted discounts and loan and lease fees 13,390 20 (2,467 ) 4,096 425 615 (48,838 ) 1,777 (53 ) (31,035 ) Accrued interest receivable 12,609 5 1,787 5,136 345 127 341 675 78 21,103 Total recorded investment in loans and leases $ 3,567,662 $ 3,181 $ 505,351 $ 1,286,166 $ 99,561 $ 46,035 $ 96,988 $ 483,391 $ 4,399 $ 6,092,734 ________________ 1. Loans and leases 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 and lease losses: Ending allowance balance attributable to loans and leases: 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 and leases: Loans and leases individually evaluated for impairment 1 $ 23,059 $ 9 $ — $ 5,399 $ 2,128 $ 453 $ — $ — $ — $ 31,048 Loans and leases 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 and lease 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 and lease 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 and leases $ 3,001,763 $ 3,620 $ 385,636 $ 1,193,741 $ 61,644 $ 13,362 $ 65,454 $ 248,681 $ 601 $ 4,974,502 ________________ 1. Loans and leases evaluated for impairment include TDRs that have been performing for more than six months .
Schedule of Financing Receivables, Non Accrual Status	Non-performing loans and leases consisted of the following as of the dates indicated: (Dollars in thousands) March 31, June 30, Single Family Real Estate Secured: Mortgage: In-house originated $ 12,765 $ 16,485 Purchased 5,809 6,357 Home Equity: In-house originated 34 9 Multifamily Real Estate Secured: In-house originated 3,246 3,430 Purchased 1,482 1,969 Commercial Real Estate Secured: Purchased 372 2,128 Total non-performing loans secured by real estate 23,708 30,378 Auto and RV Secured 264 453 Total non-performing loans and leases $ 23,972 $ 30,831 Non-performing loans and leases to total loans and leases 0.39 % 0.62 %
Schedule of Loans, Performing and Non-performing	The following tables present the outstanding unpaid balance of loans and leases that are performing and non-performing by portfolio class: March 31, 2016 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 $ 3,523,089 $ 3,122 $ 506,031 $ 1,272,206 $ 98,419 $ 45,029 $ 145,485 $ 480,939 $ 4,374 $ 6,078,694 Non-performing 18,574 34 — 4,728 372 264 — — — 23,972 Total $ 3,541,663 $ 3,156 $ 506,031 $ 1,276,934 $ 98,791 $ 45,293 $ 145,485 $ 480,939 $ 4,374 $ 6,102,666 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: March 31, 2016 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 $ 3,448,448 $ 74,641 $ 3,523,089 $ 1,163,275 $ 108,931 $ 1,272,206 $ 86,227 $ 12,192 $ 98,419 Non-performing 12,765 5,809 18,574 3,246 1,482 4,728 — 372 372 Total $ 3,461,213 $ 80,450 $ 3,541,663 $ 1,166,521 $ 110,413 $ 1,276,934 $ 86,227 $ 12,564 $ 98,791 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 and leases as follows: March 31, 2016 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 $ 212 $ — $ — $ — $ — $ — $ — $ — $ — $ 212 Non-performing loans and leases 18,574 34 — 4,728 372 264 — — — 23,972 Total impaired loans and leases $ 18,786 $ 34 $ — $ 4,728 $ 372 $ 264 $ — $ — $ — $ 24,184 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 and leases 22,842 9 — 5,399 2,128 453 — — — 30,831 Total impaired loans and leases $ 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 March 31, 2016 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 $ 213 $ — $ — $ — $ — $ — $ — $ — $ — $ 213 Average balances of impaired loans $ 19,977 $ 21 $ — $ 4,787 $ 372 $ 282 $ — $ — $ — $ 25,439 For the Three Months Ended March 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 $ 377 $ — $ — $ — $ — $ — $ — $ — $ — $ 377 Average balances of impaired loans $ 27,097 $ 32 $ — $ 5,327 $ 2,164 $ 430 $ — $ — $ — $ 35,050 For the Nine Months Ended March 31, 2016 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 $ 215 $ — $ — $ — $ — $ — $ — $ — $ — $ 215 Average balances of impaired loans $ 21,559 $ 15 $ — $ 5,064 $ 1,147 $ 340 $ — $ — $ — $ 28,125 For the Nine Months Ended March 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 $ 14 $ — $ — $ — $ 20 $ — $ — $ — $ — $ 34 Average balances of performing TDRs $ 570 $ — $ — $ — $ 348 $ — $ — $ — $ — $ 918 Average balances of impaired loans $ 20,618 $ 62 $ — $ 5,300 $ 3,253 $ 464 $ — $ — $ — $ 29,697
Financing Receivable Credit Quality Indicators	The following table presents the composition of the Company’s loan and lease portfolio by credit quality indicators: March 31, 2016 (Dollars in thousands) Pass Special Substandard Doubtful Total Single Family Real Estate Secured: Mortgage: In-house originated $ 3,423,247 $ 19,713 $ 18,253 $ — $ 3,461,213 Purchased 73,891 64 6,495 — 80,450 Home Equity: In-house originated 3,104 17 35 — 3,156 Warehouse and other: In-house originated 501,500 4,531 — — 506,031 Multifamily Real Estate Secured: In-house originated 1,158,436 4,839 3,246 — 1,166,521 Purchased 105,084 2,781 2,548 — 110,413 Commercial Real Estate Secured: In-house originated 86,227 — — — 86,227 Purchased 10,169 2,023 372 — 12,564 Auto and RV Secured: In-house originated 44,969 17 307 — 45,293 Factoring: In-house originated 145,485 — — — 145,485 Commercial & Industrial: In-house originated 342,911 — 1,190 — 344,101 Purchased 136,838 — — — 136,838 Other 1,140 3,234 — — 4,374 Total $ 6,033,001 $ 37,219 $ 32,446 $ — $ 6,102,666 As a % of total gross loans and leases 98.9 % 0.6 % 0.5 % — % 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 and leases 98.3 % 1.0 % 0.7 % — % 100.0 %
Past Due Financing Receivables	The following table provides the outstanding unpaid balance of loans and leases that are past due 30 days or more by portfolio class as of the period indicated: March 31, 2016 (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 $ 2,956 $ 4,634 $ 12,734 $ 20,324 Purchased 386 437 2,475 3,298 Home equity: In-house originated — 17 29 46 Multifamily real estate secured: In-house originated — — 791 791 Commercial real estate secured: Purchased — — 372 372 Auto and RV secured 348 17 58 423 Other 1,059 3,234 — 4,293 Total $ 4,749 $ 8,339 $ 16,459 $ 29,547 As a % of total gross loans and leases 0.07 % 0.14 % 0.27 % 0.48 % 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 and leases 0.06 % 0.06 % 0.33 % 0.45 %

EQUITY AND STOCK-BASED COMPEN23

EQUITY AND STOCK-BASED COMPENSATION (Tables)	9 Months Ended
	Mar. 31, 2016
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 (80,800 ) 1.84 Canceled — — Outstanding—March 31, 2016 1,600 $ 1.84 Options exercisable—June 30, 2014 427,800 $ 2.18 Options exercisable—June 30, 2015 82,400 $ 1.84 Options exercisable—March 31, 2016 1,600 $ 1.84
Table summarizing outstanding and exercisable options	The following table summarizes information on currently outstanding and exercisable options: As of March 31, 2016 Options Outstanding Options Exercisable Exercise Prices Number Outstanding Weighted-Average Remaining Contractual Life (Years) Number Exercisable Weighted- Average Exercise Price $ 1.84 1,600 0.32 1,600 $ 1.84
Unrecognized compensation expense related to non-vested awards, to be recognized in the future	At March 31, 2016 , unrecognized compensation expense related to non-vested awards aggregated to $24,825 and is expected to be recognized in future periods as follows: (Dollars in thousands) Stock Award Compensation Expense For the fiscal year remainder: 2016 $ 3,171 2017 10,987 2018 7,749 2019 2,918 Total $ 24,825
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 615,362 26.61 Vested (262,747 ) 13.77 Canceled (80,511 ) 20.26 Non-vested balance at March 31, 2016 1,407,192 $ 21.44

EARNINGS PER SHARE ("EPS") (Tab

EARNINGS PER SHARE ("EPS") (Tables)	9 Months Ended
	Mar. 31, 2016
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 Nine Months Ended March 31, March 31, (Dollars in thousands, except per share data) 2016 2015 2016 2015 Earnings Per Common Share 1 Net income $ 35,914 $ 21,074 $ 89,564 $ 58,287 Preferred stock dividends (77 ) (77 ) (232 ) (232 ) Net income attributable to common shareholders $ 35,837 $ 20,997 $ 89,332 $ 58,055 Average common shares issued and outstanding 63,066,262 60,889,204 62,849,818 59,500,280 Average unvested RSU shares 1,419,603 1,291,012 1,345,764 1,214,684 Total qualifying shares 64,485,865 62,180,216 64,195,582 60,714,964 Earnings per common share $ 0.56 $ 0.34 $ 1.39 $ 0.96 Diluted Earnings Per Common Share 1 Net income attributable to common shareholders $ 35,837 $ 20,997 $ 89,332 $ 58,055 Dilutive net income attributable to common shareholders $ 35,837 $ 20,997 $ 89,332 $ 58,055 Average common shares issued and outstanding 64,485,865 62,180,216 64,195,582 60,714,964 Dilutive effect of stock options 951 237,544 7,625 236,088 Total dilutive common shares issued and outstanding 64,486,816 62,417,760 64,203,207 60,951,052 Diluted earnings per common share $ 0.56 $ 0.34 $ 1.39 $ 0.95 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

- NARRATIVE (Details)

- NARRATIVE (Details)		Nov. 17, 2015	Mar. 31, 2016shares	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 POLICI26

SIGNIFICANT ACCOUNTING POLICIES (Details) - USD ($) $ in Millions	Mar. 31, 2016	Mar. 31, 2016	Aug. 31, 2015
Direct Financing Lease | Pacific Western Equipment Finance
Business Acquisition [Line Items]
Value of equipment leases acquired under Asset Purchase Agreement	$ 140	$ 140
Lease purchase price premium over assumed liabilities (as a percent)	2.50%
H&R Block Bank Deposits
Business Acquisition [Line Items]
Deposits acquired, net			$ 419
Other | Emerald Advance | H&R Block Bank Deposits
Business Acquisition [Line Items]
Interest income and fees retainer (as a percent)		10.00%

FAIR VALUE - NARRATIVE (Details

FAIR VALUE - NARRATIVE (Details) $ in Thousands	9 Months Ended
	Mar. 31, 2016USD ($)security	Feb. 29, 2016	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	18.30%
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	$ 799
Percent decrease in discount rate	1.00%
Effect on net income before tax from one percentage point decrease in discount rate	$ 924
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		4.90%	10.00%
Non-agency RMBS | Minimum | Discounted cash flow
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Discount rate, basis spread	2.42%
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	40.00%
Non-agency RMBS | Maximum | Discounted cash flow
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Discount rate, basis spread	7.19%
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	15.60%
Loss severity	68.60%

FAIR VALUE - ASSETS AND LIABILI

FAIR VALUE - ASSETS AND LIABILITIES MEASURED ON RECURRING BASIS (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Jun. 30, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities - trading	$ 7,589	$ 7,832
Securities - available for sale	278,653	163,361
Loans held for sale	42,682	25,430
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	261,616	136,728
Loans held for sale	42,682	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	7,589	7,832
Securities - available for sale	17,037	26,633
Loans held for sale	0	0
Mortgage servicing rights	3,375	2,098
Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities - available for sale	278,653	163,361
Loans held for sale	42,682	25,430
Mortgage servicing rights	3,375	2,098
Other assets - Derivative instruments	2,394	2,261
Other liabilities - Derivative instruments	823	0
Recurring | Collateralized Debt Obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities - trading	7,589	7,832
Recurring | Agency RMBS
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities - available for sale	35,288	43,491
Recurring | Non-agency RMBS
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities - available for sale	17,037	26,633
Recurring | Municipal
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities - available for sale	33,616	22,035
Recurring | Other Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities - available for sale	192,712	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	261,616	136,728
Loans held for sale	42,682	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	35,288	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	33,616	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	192,712	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	17,037	26,633
Loans held for sale	0	0
Mortgage servicing rights	3,375	2,098
Other assets - Derivative instruments	2,394	2,261
Other liabilities - Derivative instruments	823	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	7,589	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	17,037	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		9 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Other-than-temporary impairment	$ (8)	$ (707)	$ (149)	$ (2,204)
Recurring | Level 3
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Opening balance	33,348	41,484	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	88	1,208	(1,193)	957
Total gains or losses for the period - Included in other comprehensive income	(532)	(232)	(1,493)	(1,351)
Purchases/originations	352	511	1,780	1,021
Sales	67	0	(2,023)	0
Settlements	(3,640)	(3,013)	(5,367)	(7,162)
Other-than-temporary impairment	(8)	(704)	(47)	(919)
Closing balance	29,572	39,130	29,572	39,130
Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period	(15)	1,084	(2,102)	629
Recurring | Level 3 | Collateralized Debt Obligations
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Opening balance	7,706	7,862	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	(117)	(124)	(243)	(328)
Total gains or losses for the period - Included in other comprehensive income	0	0	0	0
Purchases/originations	0	0	0	0
Sales	0	0	0	0
Settlements	0	0	0	0
Other-than-temporary impairment	0	0	0	0
Closing balance	7,589	7,738	7,589	7,738
Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period	(117)	(124)	(243)	(328)
Recurring | Level 3 | Non-agency RMBS
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Opening balance	21,136	31,926	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	14	0	(666)	0
Total gains or losses for the period - Included in other comprehensive income	(532)	(232)	(1,493)	(1,351)
Purchases/originations	0	0	0	0
Sales	67	0	(2,023)	0
Settlements	(3,640)	(3,013)	(5,367)	(7,162)
Other-than-temporary impairment	(8)	(704)	(47)	(919)
Closing balance	17,037	27,977	17,037	27,977
Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period	14	0	(666)	0
Recurring | Level 3 | Mortgage Servicing Rights
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Opening balance	3,475	1,037	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	(452)	(194)	(503)	(229)
Purchases/originations	352	511	1,780	1,021
Sales	0	0	0	0
Settlements	0	0	0
Other-than-temporary impairment	0	0	0
Closing balance	3,375	1,354	3,375	1,354
Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period	(452)	(194)	(503)	(229)
Recurring | Level 3 | Derivative Instruments, net
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Opening balance	1,031	659	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	540	1,402	(690)	1,186
Purchases/originations	0	0	0	0
Sales	0	0	0	0
Settlements	0	0	0	0
Other-than-temporary impairment	0	0	0	0
Closing balance	1,571	2,061	1,571	2,061
Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period	$ 540	$ 1,402	$ (690)	$ 1,186

FAIR VALUE - QUANTITATIVE INFOR

FAIR VALUE - QUANTITATIVE INFORMATION FOR LEVEL 3 FAIR VALUE MEASURMENTS (RECURRING) (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Mar. 31, 2016	Jun. 30, 2015
Fair Value, Option, Quantitative Disclosures [Line Items]
Securities - trading	$ 7,589	$ 7,832
Securities - available for sale	$ 278,653	163,361
Collateralized Debt Obligations | Discounted cash flow
Fair Value, Option, Quantitative Disclosures [Line Items]
Total Projected Defaults	18.30%
Recurring
Fair Value, Option, Quantitative Disclosures [Line Items]
Securities - available for sale	$ 278,653	163,361
Mortgage servicing rights	3,375	2,098
Recurring | Collateralized Debt Obligations
Fair Value, Option, Quantitative Disclosures [Line Items]
Securities - trading	7,589	7,832
Recurring | Non-agency RMBS
Fair Value, Option, Quantitative Disclosures [Line Items]
Securities - available for sale	17,037	26,633
Level 3
Fair Value, Option, Quantitative Disclosures [Line Items]
Securities - trading	7,589	7,832
Securities - available for sale	17,037	26,633
Mortgage servicing rights	$ 3,375	2,098
Level 3 | Non-agency RMBS | Minimum | Discounted cash flow
Fair Value, Option, Quantitative Disclosures [Line Items]
Total Projected Defaults	1.50%
Projected Loss Severity	40.00%
Level 3 | Non-agency RMBS | Maximum | Discounted cash flow
Fair Value, Option, Quantitative Disclosures [Line Items]
Total Projected Defaults	15.60%
Projected Loss Severity	68.60%
Level 3 | Recurring
Fair Value, Option, Quantitative Disclosures [Line Items]
Securities - available for sale	$ 17,037	26,633
Mortgage servicing rights	3,375	2,098
Level 3 | Recurring | Collateralized Debt Obligations
Fair Value, Option, Quantitative Disclosures [Line Items]
Securities - trading	7,589	7,832
Level 3 | Recurring | Collateralized Debt Obligations | Discounted cash flow
Fair Value, Option, Quantitative Disclosures [Line Items]
Securities - trading	$ 7,589	$ 7,832
Level 3 | Recurring | Collateralized Debt Obligations | Minimum | Discounted cash flow
Fair Value, Option, Quantitative Disclosures [Line Items]
Total Projected Defaults	15.50%	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	21.00%	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	18.30%	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	$ 17,037	$ 26,633
Level 3 | Recurring | Non-agency RMBS | Discounted cash flow
Fair Value, Option, Quantitative Disclosures [Line Items]
Securities - available for sale	$ 17,037	$ 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%
Projected Constant Prepayment Rate	7.70%	6.30%
Projected Constant Default Rate	2.10%	1.50%
Projected Loss Severity	40.00%	37.60%
Level 3 | Recurring | Non-agency RMBS | Maximum | Discounted cash flow
Fair Value, Option, Quantitative Disclosures [Line Items]
Discount Rate over Treasury/LIBOR	3.00%	3.00%
Projected Constant Prepayment Rate	19.10%	29.50%
Projected Constant Default Rate	10.00%	19.60%
Projected Loss Severity	68.60%	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	2.90%	2.90%
Projected Constant Prepayment Rate	13.10%	13.00%
Projected Constant Default Rate	4.70%	5.60%
Projected Loss Severity	52.30%	51.10%
Level 3 | Recurring | Mortgage Servicing Rights | Discounted cash flow
Fair Value, Option, Quantitative Disclosures [Line Items]
Mortgage servicing rights	$ 3,375	$ 2,098
Level 3 | Recurring | Mortgage Servicing Rights | Minimum | Discounted cash flow
Fair Value, Option, Quantitative Disclosures [Line Items]
Discount Rate over Treasury/LIBOR	9.50%	9.50%
Projected Constant Prepayment Rate	5.80%	4.40%
Life	3 years 7 months 6 days	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%
Projected Constant Prepayment Rate	19.50%	19.20%
Life	7 years 1 month 6 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	9.50%	9.70%
Projected Constant Prepayment Rate	10.10%	7.70%
Life	6 years 3 months 18 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	$ 1,571	$ 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	0.60%	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		9 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair value adjustment	$ (117)	$ (125)	$ (243)	$ (328)
Level 3
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Interest income on investments	60	56	178	166
Fair value adjustment	(117)	(125)	(243)	(328)
Total	$ (57)	$ (69)	$ (65)	$ (162)

FAIR VALUE - ASSETS MEASURED NO

FAIR VALUE - ASSETS MEASURED NONRECURRING BASIS (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Jun. 30, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Held to maturity - Fair Value	$ 216,386	$ 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	79,294	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	137,092	144,882
Nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	24,184	31,048
Other real estate owned and foreclosed assets, fair value	245	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		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	207	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	38	15
Nonrecurring | Non-agency RMBS
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Held to maturity - Fair Value	84,236	88,094
Nonrecurring | Mortgage
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	18,786	23,059
Nonrecurring | Home equity
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	34	9
Nonrecurring | Multi-family real estate secured
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	4,728	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	264	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
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
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	24,184	31,048
Other real estate owned and foreclosed assets, fair value	245	1,240
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		463
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	207	762
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	38	15
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	84,236	88,094
Nonrecurring | Significant Unobservable Inputs (Level 3) | Mortgage
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	18,786	23,059
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	34	9
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	4,728	5,399
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
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	264	453
Discounted cash flow | 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	84,236	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		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	38	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	18,786	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	34	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	264	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	207	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	4,728	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		9 Months Ended		12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015	Jun. 30, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Related Allowance	$ 233,000		$ 233,000		$ 273,000
Securities held to maturity	216,386,000		216,386,000		228,323,000
Held-to-maturity securities, impairment charged to income			0		0
Held-to-maturity securities, impairment charged to other comprehensive income	998,000	$ 478,000	2,636,000	$ 3,628,000
Carrying Amount
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities held to maturity	211,294,000		211,294,000		225,555,000
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities held to maturity	137,092,000		137,092,000		144,882,000
Nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	24,184,000		24,184,000		31,048,000
Related Allowance	233,000		233,000
Other real estate owned and foreclosed assets, fair value	245,000		245,000		1,240,000
Held-to-maturity securities, impairment charged to other comprehensive income			4,351,000	3,855,000
Nonrecurring | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	24,184,000		24,184,000		31,048,000
Other real estate owned and foreclosed assets, fair value	245,000		245,000		1,240,000
Nonrecurring | Nonperforming
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, write-off			135,000
Impaired loans, additional provision for loan losses			4,730,000
Nonrecurring | Other real estate owned
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, write-off	114,000
Nonrecurring | Non-agency RMBS
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities held to maturity	84,236,000		84,236,000		88,094,000
Held-to-maturity securities, impairment charged to income			102,000	$ 1,285,000
Nonrecurring | Non-agency RMBS | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities held to maturity	84,236,000		84,236,000		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	87,474,000		87,474,000
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	$ 84,236,000		$ 84,236,000		$ 88,094,000

FAIR VALUE - LOANS HELD-FOR-SAL

FAIR VALUE - LOANS HELD-FOR-SALE (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015	Jun. 30, 2015
Fair Value Disclosures [Abstract]
Aggregate fair value	$ 42,682		$ 42,682		$ 25,430
Contractual balance	41,507		41,507		24,886
Unrealized gain	1,175		1,175		$ 544
Interest income	148	$ 147	581	$ 450
Change in fair value	1,223	1,583	(69)	1,453
Total Change in fair value	$ 1,371	$ 1,730	$ 512	$ 1,903

FAIR VALUE - QUANTITATIVE INF35

FAIR VALUE - QUANTITATIVE INFORMATION FOR LEVEL 3 FAIR VALUE MEASURMENTS (NONRECURRING) (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Mar. 31, 2016	Jun. 30, 2015
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Held to maturity - Fair Value	$ 216,386	$ 228,323
Level 3
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Held to maturity - Fair Value	$ 137,092	144,882
Level 3 | Non-agency RMBS | Minimum | Discounted cash flow
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Loss severity	40.00%
Level 3 | Non-agency RMBS | Maximum | Discounted cash flow
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Loss severity	68.60%
Nonrecurring
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans, fair value	$ 24,184	31,048
Other real estate owned and foreclosed assets, fair value	245	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		463
Nonrecurring | Multifamily real estate secured
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Other real estate owned and foreclosed assets, fair value	207	762
Nonrecurring | Auto and RV secured
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Other real estate owned and foreclosed assets, fair value	38	15
Nonrecurring | Non-agency RMBS
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Held to maturity - Fair Value	84,236	88,094
Nonrecurring | Mortgage
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans, fair value	18,786	23,059
Nonrecurring | Home equity
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans, fair value	34	9
Nonrecurring | Multi-family real estate secured
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans, fair value	4,728	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	264	453
Nonrecurring | Level 3
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans, fair value	24,184	31,048
Other real estate owned and foreclosed assets, fair value	245	1,240
Nonrecurring | Level 3 | Single family real estate secured
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Other real estate owned and foreclosed assets, fair value		463
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		$ 463
Nonrecurring | Level 3 | Single family real estate secured | Minimum | Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Comparability adjustments		(20.30%)
Nonrecurring | Level 3 | Single family real estate secured | Maximum | Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Comparability adjustments		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		(4.10%)
Nonrecurring | Level 3 | Multifamily real estate secured
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Other real estate owned and foreclosed assets, fair value	207	$ 762
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	$ 207	$ 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	0.00%	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
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Other real estate owned and foreclosed assets, fair value	$ 38	$ 15
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	$ 38	$ 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	20.80%	20.70%
Nonrecurring | Level 3 | Auto and RV secured | Weighted Average | Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Comparability adjustments	8.60%	10.30%
Nonrecurring | Level 3 | Non-agency RMBS
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Held to maturity - Fair Value	$ 84,236	$ 88,094
Nonrecurring | Level 3 | Non-agency RMBS | Discounted cash flow
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Held to maturity - Fair Value	$ 84,236	$ 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	40.00%	15.00%
Discount rate over Treasury/LIBOR	3.00%	3.00%
Nonrecurring | Level 3 | Non-agency RMBS | Maximum | Discounted cash flow
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Constant prepayment rate	18.90%	43.80%
Constant default rate	15.60%	14.60%
Loss severity	65.70%	65.50%
Discount rate over Treasury/LIBOR	7.20%	6.90%
Nonrecurring | Level 3 | Non-agency RMBS | Weighted Average | Discounted cash flow
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Constant prepayment rate	10.10%	10.50%
Constant default rate	4.80%	6.70%
Loss severity	56.50%	54.40%
Discount rate over Treasury/LIBOR	5.50%	5.80%
Nonrecurring | Level 3 | Mortgage
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans, fair value	$ 18,786	$ 23,059
Nonrecurring | Level 3 | Mortgage | Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans, fair value	$ 18,786	$ 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	11.90%	3.90%
Nonrecurring | Level 3 | Home equity
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans, fair value	$ 34	$ 9
Nonrecurring | Level 3 | Home equity | Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans, fair value	$ 34	$ 9
Nonrecurring | Level 3 | Home equity | Minimum | Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Comparability adjustments	(27.20%)	(9.70%)
Nonrecurring | Level 3 | Home equity | Maximum | Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Comparability adjustments	0.00%	5.50%
Nonrecurring | Level 3 | Home equity | Weighted Average | Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Comparability adjustments	(14.30%)	(2.10%)
Nonrecurring | Level 3 | Multi-family real estate secured
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans, fair value	$ 4,728	$ 5,399
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	$ 4,728	$ 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	58.00%	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	(17.10%)	(8.30%)
Nonrecurring | Level 3 | Commercial real estate secured
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans, fair value	$ 372	$ 2,128
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	23.70%	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	(4.70%)	(10.30%)
Nonrecurring | Level 3 | Auto and RV secured
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans, fair value	$ 264	$ 453
Nonrecurring | Level 3 | Auto and RV secured | Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans, fair value	$ 264	$ 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	41.10%	66.20%
Nonrecurring | Level 3 | Auto and RV secured | Weighted Average | Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Comparability adjustments	10.50%	10.80%

FAIR VALUE - FAIR VALUE BY BALA

FAIR VALUE - FAIR VALUE BY BALANCE SHEET GROUPING (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Jun. 30, 2015
Financial assets:
Securities - trading	$ 7,589	$ 7,832
Securities - available for sale	278,653	163,361
Securities held to maturity	216,386	228,323
Loans held for sale	42,682	25,430
Loans held for sale, lower of cost or fair value	59,988	77,891
Carrying Amount
Financial assets:
Cash and cash equivalents	895,554	222,874
Securities - trading	7,589	7,832
Securities - available for sale	278,653	163,361
Securities held to maturity	211,294	225,555
Loans held for sale	42,682	25,430
Loans held for sale, lower of cost or fair value	59,988	77,891
Loans held for investment—net	6,034,700	4,928,618
Accrued interest receivable	23,913	20,268
Mortgage servicing rights	3,375	2,098
Financial liabilities:
Time deposits and savings	6,048,031	4,451,917
Securities sold under agreements to repurchase	35,000	35,000
Advances from the Federal Home Loan Bank	858,000	753,000
Subordinated debentures	56,155	5,155
Accrued interest payable	1,679	1,266
Total Fair Value
Financial assets:
Cash and cash equivalents	895,554	222,874
Securities - trading	7,589	7,832
Securities - available for sale	278,653	163,361
Securities held to maturity	216,386	228,323
Loans held for sale	42,682	25,430
Loans held for sale, lower of cost or fair value	59,988	77,932
Loans held for investment—net	6,266,723	5,011,596
Accrued interest receivable	23,913	20,268
Mortgage servicing rights	3,375	2,098
Financial liabilities:
Time deposits and savings	5,872,046	4,385,034
Securities sold under agreements to repurchase	36,672	37,489
Advances from the Federal Home Loan Bank	876,794	757,265
Subordinated debentures	56,155	5,155
Accrued interest payable	1,679	1,266
Level 1
Financial assets:
Cash and cash equivalents	895,554	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	261,616	136,728
Securities held to maturity	79,294	83,441
Loans held for sale	42,682	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	5,872,046	4,385,034
Securities sold under agreements to repurchase	36,672	37,489
Advances from the Federal Home Loan Bank	876,794	757,265
Subordinated debentures	56,155	5,155
Accrued interest payable	1,679	1,266
Level 3
Financial assets:
Cash and cash equivalents	0	0
Securities - trading	7,589	7,832
Securities - available for sale	17,037	26,633
Securities held to maturity	137,092	144,882
Loans held for sale	0	0
Loans held for sale, lower of cost or fair value	59,988	77,932
Loans held for investment—net	6,266,723	5,011,596
Accrued interest receivable	23,913	20,268
Mortgage servicing rights	3,375	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	Mar. 31, 2016	Jun. 30, 2015
Marketable Securities [Line Items]
Securities - trading	$ 7,589	$ 7,832
Available-for-sale Securities, Amortized Cost Basis	277,735	159,484
Available-for-sale Securities, Unrealized Gains	2,067	5,197
Available-for-sale Securities, Unrealized Losses	(1,149)	(1,320)
Securities - available for sale	278,653	163,361
Held-to-maturity securities, carrying value	211,294	225,555
Held-to-maturity Securities, Accumulated Unrecognized Holding Gain	13,841	15,517
Held-to-maturity Securities, Accumulated Unrecognized Holding Loss	(8,749)	(12,749)
Held to maturity - Fair Value	216,386	228,323
Mortgage-backed securities (RMBS)
Marketable Securities [Line Items]
Held-to-maturity securities, carrying value	175,377	189,579
Held-to-maturity Securities, Accumulated Unrecognized Holding Gain	8,695	11,443
Held-to-maturity Securities, Accumulated Unrecognized Holding Loss	(8,749)	(12,749)
Held to maturity - Fair Value	175,323	188,273
Other Debt Securities
Marketable Securities [Line Items]
Held-to-maturity securities, carrying value	35,917	35,976
Held-to-maturity Securities, Accumulated Unrecognized Holding Gain	5,146	4,074
Held-to-maturity Securities, Accumulated Unrecognized Holding Loss	0	0
Held to maturity - Fair Value	41,063	40,050
Mortgage-backed securities (RMBS)
Marketable Securities [Line Items]
Securities - trading	0	0
Available-for-sale Securities, Amortized Cost Basis	50,850	67,537
Available-for-sale Securities, Unrealized Gains	1,670	3,536
Available-for-sale Securities, Unrealized Losses	(195)	(949)
Securities - available for sale	52,325	70,124
Held-to-maturity securities, carrying value	138,011
U.S. agencies
Marketable Securities [Line Items]
Securities - trading	0	0
Available-for-sale Securities, Amortized Cost Basis	35,132	43,738
Available-for-sale Securities, Unrealized Gains	349	701
Available-for-sale Securities, Unrealized Losses	(193)	(948)
Securities - available for sale	35,288	43,491
Non-agency RMBS
Marketable Securities [Line Items]
Securities - trading	0	0
Available-for-sale Securities, Amortized Cost Basis	15,718	23,799
Available-for-sale Securities, Unrealized Gains	1,321	2,835
Available-for-sale Securities, Unrealized Losses	(2)	(1)
Securities - available for sale	17,037	26,633
Other Debt Securities
Marketable Securities [Line Items]
Securities - trading	7,589	7,832
Available-for-sale Securities, Amortized Cost Basis	226,885	91,947
Available-for-sale Securities, Unrealized Gains	397	1,661
Available-for-sale Securities, Unrealized Losses	(954)	(371)
Securities - available for sale	226,328	93,237
Municipal
Marketable Securities [Line Items]
Securities - trading	0	0
Available-for-sale Securities, Amortized Cost Basis	33,541	21,731
Available-for-sale Securities, Unrealized Gains	112	390
Available-for-sale Securities, Unrealized Losses	(37)	(86)
Securities - available for sale	33,616	22,035
Non-agency
Marketable Securities [Line Items]
Securities - trading	7,589	7,832
Available-for-sale Securities, Amortized Cost Basis	193,344	70,216
Available-for-sale Securities, Unrealized Gains	285	1,271
Available-for-sale Securities, Unrealized Losses	(917)	(285)
Securities - available for sale	$ 192,712	$ 71,202

SECURITIES - NARRATIVE (Details

SECURITIES - NARRATIVE (Details)	9 Months Ended	12 Months Ended
	Mar. 31, 2016USD ($)security	Jun. 30, 2015USD ($)
Marketable Securities [Line Items]
Securities - available for sale	$ 278,653,000	$ 163,361,000
Held-to-maturity Securities, Transfers [Abstract]
Held-to-maturity, Carrying Amount	211,294,000	225,555,000
Debt securities available-for-sale and held-to-maturity pledged to secure borrowings	47,850,000	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	17,037,000	26,633,000
RMBS, Super Senior Securities
Marketable Securities [Line Items]
Securities - available for sale	$ 11,800,000
Available-for-sale, Number of Securities | security	17
Held-to-maturity Securities, Transfers [Abstract]
Held-to-maturity, Carrying Amount	$ 135,797,000
Held-to-maturity, Number of Securities | security	76
RMBS, Senior Structured Whole Loan Securities
Marketable Securities [Line Items]
Securities - available for sale	$ 5,205,000
Available-for-sale, Number of Securities | security	1
RMBS, Mezzanine Z-Tranche Securities
Marketable Securities [Line Items]
Securities - available for sale	$ 32,000
Available-for-sale, Number of Securities | security	2
Mortgage-backed securities (RMBS)
Marketable Securities [Line Items]
Securities - available for sale	$ 52,325,000	$ 70,124,000
Held-to-maturity Securities, Transfers [Abstract]
Held-to-maturity, Carrying Amount	138,011,000
RMBS, Senior-Support Securities
Held-to-maturity Securities, Transfers [Abstract]
Held-to-maturity, Carrying Amount	$ 2,214,000
Held-to-maturity, Number of Securities | security	1
Certain Loans Acquired in Transfer Accounted for as Debt Securities [Abstract]
Number of securities account for as debt security | security	1
Cost of securities acquired in transfer	$ 17,740,000
Carrying amount of securities acquired in transfer	30,560,000
Accretable yield of securities acquired in transfer, forecasted	9,015,000
Nonaccretable yield of securities acquired in transfer, forecasted	3,805,000
Balance of securities acquired in transfer	0
Amortizable premium of securities acquired in transfer, forecasted	0
Nonamortizable premium of securities acquired in transfer, forecasted	$ 2,472,000

SECURITIES - SCHEDULE OF UNREAL

SECURITIES - SCHEDULE OF UNREALIZED LOSS ON INVESTMENTS (Details) - USD ($) $ in Thousands	Mar. 31, 2016	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	$ 115,668	$ 22,102
Available-for-sale securities in loss position, Gross Unrealized Losses	(564)	(374)
Available-for-sale securities in loss position for more than 12 months, Fair Value	43,016	24,974
Available-for-sale securities in loss position for more than 12 months, Gross Unrealized Losses	(585)	(946)
Available-for-sale securities in loss position, Total, Fair Value	158,684	47,076
Available-for-sale securities in loss position, Gross Unrealized Losses	(1,149)	(1,320)
Held-to-maturity securities in loss position for
Held-to-maturity securities in loss position for less than 12 months, Fair Value	7,051	23,450
Held-to-maturity securities in loss position for less than 12 months, Gross Unrealized Losses	(206)	(1,802)
Held-to-maturity securities in loss position for more than 12 months, Fair Value	62,473	67,090
Held-to-maturity securities in loss position for more than 12 months, Gross Unrealized Losses	(8,543)	(10,947)
Held-to-maturity securities in loss position, Total, Fair Value	69,524	90,540
Held-to-maturity securities in loss position, Gross Unrealized Losses	(8,749)	(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	2,697	1,644
Available-for-sale securities in loss position, Gross Unrealized Losses	(3)	(3)
Available-for-sale securities in loss position for more than 12 months, Fair Value	23,585	24,974
Available-for-sale securities in loss position for more than 12 months, Gross Unrealized Losses	(192)	(946)
Available-for-sale securities in loss position, Total, Fair Value	26,282	26,618
Available-for-sale securities in loss position, Gross Unrealized Losses	(195)	(949)
Held-to-maturity securities in loss position for
Held-to-maturity securities in loss position for less than 12 months, Fair Value	7,051	23,450
Held-to-maturity securities in loss position for less than 12 months, Gross Unrealized Losses	(206)	(1,802)
Held-to-maturity securities in loss position for more than 12 months, Fair Value	62,473	67,090
Held-to-maturity securities in loss position for more than 12 months, Gross Unrealized Losses	(8,543)	(10,947)
Held-to-maturity securities in loss position, Total, Fair Value	69,524	90,540
Held-to-maturity securities in loss position, Gross Unrealized Losses	(8,749)	(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	151	369
Available-for-sale securities in loss position, Gross Unrealized Losses	(1)	(2)
Available-for-sale securities in loss position for more than 12 months, Fair Value	23,585	24,974
Available-for-sale securities in loss position for more than 12 months, Gross Unrealized Losses	(192)	(946)
Available-for-sale securities in loss position, Total, Fair Value	23,736	25,343
Available-for-sale securities in loss position, Gross Unrealized Losses	(193)	(948)
Held-to-maturity securities in loss position for
Held-to-maturity securities in loss position for less than 12 months, Fair Value	146	0
Held-to-maturity securities in loss position for less than 12 months, Gross Unrealized Losses	(2)	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	146	0
Held-to-maturity securities in loss position, Gross Unrealized Losses	(2)	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	2,546	1,275
Available-for-sale securities in loss position, Gross Unrealized Losses	(2)	(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	2,546	1,275
Available-for-sale securities in loss position, Gross Unrealized Losses	(2)	(1)
Held-to-maturity securities in loss position for
Held-to-maturity securities in loss position for less than 12 months, Fair Value	6,905	23,450
Held-to-maturity securities in loss position for less than 12 months, Gross Unrealized Losses	(204)	(1,802)
Held-to-maturity securities in loss position for more than 12 months, Fair Value	62,473	67,090
Held-to-maturity securities in loss position for more than 12 months, Gross Unrealized Losses	(8,543)	(10,947)
Held-to-maturity securities in loss position, Total, Fair Value	69,378	90,540
Held-to-maturity securities in loss position, Gross Unrealized Losses	(8,747)	(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	112,971	20,458
Available-for-sale securities in loss position, Gross Unrealized Losses	(561)	(371)
Available-for-sale securities in loss position for more than 12 months, Fair Value	19,431	0
Available-for-sale securities in loss position for more than 12 months, Gross Unrealized Losses	(393)	0
Available-for-sale securities in loss position, Total, Fair Value	132,402	20,458
Available-for-sale securities in loss position, Gross Unrealized Losses	(954)	(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	22,815	1,358
Available-for-sale securities in loss position, Gross Unrealized Losses	(25)	(86)
Available-for-sale securities in loss position for more than 12 months, Fair Value	1,428	0
Available-for-sale securities in loss position for more than 12 months, Gross Unrealized Losses	(12)	0
Available-for-sale securities in loss position, Total, Fair Value	24,243	1,358
Available-for-sale securities in loss position, Gross Unrealized Losses	(37)	(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	90,156	19,100
Available-for-sale securities in loss position, Gross Unrealized Losses	(536)	(285)
Available-for-sale securities in loss position for more than 12 months, Fair Value	18,003	0
Available-for-sale securities in loss position for more than 12 months, Gross Unrealized Losses	(381)	0
Available-for-sale securities in loss position, Total, Fair Value	108,159	19,100
Available-for-sale securities in loss position, Gross Unrealized Losses	(917)	(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		9 Months Ended
	Mar. 31, 2016USD ($)security	Mar. 31, 2015USD ($)	Mar. 31, 2016USD ($)security	Mar. 31, 2015USD ($)	Jun. 30, 2015security
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Number of securities in a continuous loss position | security	37		37		32
Non-agency RMBS
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Roll Forward]
Beginning balance	$ (20,528)	$ (19,636)	$ (20,503)	$ (18,139)
Additions for the amounts related to credit loss for which an other-than-temporary impairment was not previously recognized	0	(704)	(106)	(742)
Increases to the amount related to the credit loss for which other-than-temporary impairment was previously recognized	(8)	(3)	(43)	(1,462)
Credit losses realized for securities sold	0	0	116	0
Ending balance	(20,536)	$ (20,343)	(20,536)	$ (20,343)
Carrying amount of securities with cumulative credit losses	$ 94,658		$ 94,658
Number of securities with other than temporary impairment | security	2		2
Carrying value of securities with other than temporary impairment	$ 2,238		$ 2,238

SECURITIES - REALIZED GAIN (LOS

SECURITIES - REALIZED GAIN (LOSS) ON SALE OF SECURITIES (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015
Investments, Debt and Equity Securities [Abstract]
Proceeds	$ (67)	$ 0	$ 10,002	$ 9,614
Gross realized gains	(14)	0	919	587
Gross realized losses	0	0	0	0
Net realized gain on securities	(14)	$ 0	$ 919	$ 587
Reduction in realized gain	$ 14

SECURITIES - UNREALIZED GAIN (L

SECURITIES - UNREALIZED GAIN (LOSS) ON INVESTMENTS (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Jun. 30, 2015
Investments, Debt and Equity Securities [Abstract]
Available-for-sale debt securities—net unrealized gains	$ 918	$ 3,877
Available-for-sale debt securities—non-credit related losses	(248)	(271)
Held-to-maturity debt securities—non-credit related losses	(14,246)	(18,597)
Subtotal	(13,576)	(14,991)
Tax benefit	5,353	5,592
Net unrealized loss on investment securities in accumulated other comprehensive loss	$ (8,223)	$ (9,399)

SECURITIES - INVESTMENTS CLASSI

SECURITIES - INVESTMENTS CLASSIFIED BY CONTRACTUAL MATURITY DATE (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Jun. 30, 2015
Marketable Securities [Line Items]
Trading Securities, total fair value	$ 7,589
Available-for-sale, Amortized Cost:
Available-for-sale, Amortized Cost	277,735
Available-for-sale, Fair Value:
Available-for-sale, Fair Value	278,653	$ 163,361
Held-to-maturity, Carrying Amount:
Held-to-maturity, Amortized Cost	211,294
Held-to-maturity, Fair Value:
Held to maturity - Fair Value	216,386	228,323
Mortgage-backed securities (RMBS)
Held-to-maturity, Fair Value:
Held to maturity - Fair Value	175,323	188,273
Other debt
Held-to-maturity, Carrying Amount:
Due within one year	1,037
Due one to five years	4,813
Due five to ten years	7,556
Due after ten years	22,511
Held-to-maturity, Amortized Cost	35,917
Held-to-maturity, Fair Value:
Due within one year	1,179
Due one to five years	5,473
Due five to ten years	8,596
Due after ten years	25,815
Held to maturity - Fair Value	41,063	40,050
Mortgage-backed securities (RMBS)
Available-for-sale, Fair Value:
Available-for-sale, Fair Value	52,325	70,124
U.S. agencies
Available-for-sale, Amortized Cost:
Due within one year	3,543
Due one to five years	10,922
Due five to ten years	8,623
Due after ten years	12,044
Available-for-sale, Amortized Cost	35,132
Available-for-sale, Fair Value:
Due within one year	3,538
Due one to five years	10,925
Due five to ten years	8,660
Due after ten years	12,165
Available-for-sale, Fair Value	35,288	43,491
Non-agency RMBS
Available-for-sale, Amortized Cost:
Due within one year	4,026
Due one to five years	6,872
Due five to ten years	2,030
Due after ten years	2,790
Available-for-sale, Amortized Cost	15,718
Available-for-sale, Fair Value:
Due within one year	4,289
Due one to five years	7,288
Due five to ten years	2,279
Due after ten years	3,181
Available-for-sale, Fair Value	17,037	26,633
Other debt
Marketable Securities [Line Items]
Trading Securities, Due after ten years	7,589
Trading Securities, total fair value	7,589
Available-for-sale, Amortized Cost:
Due within one year	110,350
Due one to five years	108,880
Due five to ten years	4,131
Due after ten years	3,524
Available-for-sale, Amortized Cost	226,885
Available-for-sale, Fair Value:
Due within one year	110,323
Due one to five years	108,293
Due five to ten years	4,169
Due after ten years	3,543
Available-for-sale, Fair Value	$ 226,328	$ 93,237

LOANS, LEASES & ALLOWANCE FOR44

LOANS, LEASES & ALLOWANCE FOR LOANS AND LEASE LOSSES - LOAN PORTFOLIO COMPOSITION (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Jun. 30, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans and leases	$ 6,102,666		$ 5,001,271
Allowance for loan and lease losses	(36,931)	$ (35,071)	(28,327)	$ (25,455)	$ (23,187)	$ (18,373)
Unaccreted discounts and loan and lease fees	(31,035)		(44,326)
Total net loans and leases	6,034,700		4,928,618
Single family warehouse loans	168,924		122,003
Mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans and leases	3,541,663		2,980,795
Allowance for loan and lease losses	(18,086)	(17,167)	(13,664)	(12,635)	(11,792)	(7,959)
Unaccreted discounts and loan and lease fees	13,390		10,438
Home equity
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans and leases	3,156		3,604
Allowance for loan and lease losses	(32)	(45)	(122)	(123)	(97)	(134)
Unaccreted discounts and loan and lease fees	20		11
Warehouse & other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans and leases	506,031		385,413
Allowance for loan and lease losses	(2,473)	(2,643)	(1,879)	(2,069)	(1,585)	(1,259)
Unaccreted discounts and loan and lease fees	(2,467)		(83)
Multifamily real estate secured
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans and leases	1,276,934		1,185,531
Allowance for loan and lease losses	(3,816)	(3,293)	(4,363)	(4,393)	(4,234)	(3,785)
Unaccreted discounts and loan and lease fees	4,096		3,348
Commercial real estate secured
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans and leases	98,791		61,403
Allowance for loan and lease losses	(727)	(736)	(1,103)	(949)	(985)	(1,035)
Unaccreted discounts and loan and lease fees	425		96
Auto and RV secured
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans and leases	45,293		13,140
Allowance for loan and lease losses	(1,253)	(1,840)	(953)	(970)	(1,053)	(812)
Unaccreted discounts and loan and lease fees	615		149
Factoring
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans and leases	145,485		122,200
Allowance for loan and lease losses	(362)	(359)	(292)	(294)	(270)	(279)
Unaccreted discounts and loan and lease fees	(48,838)		(57,223)
Commercial & Industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans and leases	480,939		248,584
Allowance for loan and lease losses	(7,657)	(6,602)	(5,882)	(3,911)	(3,153)	(3,048)
Unaccreted discounts and loan and lease fees	1,777		(1,062)
Other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans and leases	4,374		601
Allowance for loan and lease losses	(2,525)	$ (2,386)	(69)	$ (111)	$ (18)	$ (62)
Unaccreted discounts and loan and lease fees	$ (53)		$ 0

LOANS, LEASES & ALLOWANCE FOR45

LOANS, LEASES & ALLOWANCE FOR LOANS AND LEASE LOSSES - ALLOWANCE FOR CREDIT LOSS DISCLOSURES (Details) $ in Thousands	9 Months Ended
	Mar. 31, 2016USD ($)class	Jun. 30, 2015USD ($)
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	$ 6,078,482	$ 4,970,223
Number of classes loans are divided for LTV analysis | class	2
Auto and RV secured
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	$ 45,029	12,687
Mortgage
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	3,522,877	2,957,736
Multifamily real estate secured
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	1,272,206	1,180,132
Commercial real estate secured
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	98,419	$ 59,275
LTV less than or equal to 60% | Mortgage
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	1,885,192
LTV 61% - 70% | Mortgage
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	1,317,437
LTV 61% - 70% | Commercial real estate secured
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	36,770
LTV 71% - 80% | Mortgage
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	320,045
LTV 71% - 80% | Commercial real estate secured
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	4,286
LTV greater than 80% | Mortgage
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	203
LTV greater than 80% | Multifamily real estate secured
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	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	557,270
LTV 56% - 65% | Multifamily real estate secured
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	418,087
LTV 66% - 75% | Multifamily real estate secured
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	282,475
LTV 76% - 80% | Multifamily real estate secured
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	14,374
LTV less than or equal to 50% | Commercial real estate secured
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	33,126
LTV 51% - 60% | Commercial real estate secured
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	24,237
FICO greater than or equal to 770 | Auto and RV secured
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	14,988
FICO 715 - 769 | Auto and RV secured
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	16,555
FICO 700 - 714 | Auto and RV secured
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	5,395
FICO 660 - 699 | Auto and RV secured
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	6,114
FICO less than 660 | Auto and RV secured
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	$ 1,977

LOANS, LEASES & ALLOWANCE FOR46

LOANS, LEASES & ALLOWANCE FOR LOANS AND LEASE LOSSES - ALLOWANCE FOR LOAN LOSS BY PORTFOLIO CLASS (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period	$ 35,071	$ 23,187	$ 28,327	$ 18,373
Provision for loan and lease losses	2,000	2,900	7,800	8,300
Charge-offs	(187)	(823)	(472)	(1,465)
Recoveries	47	191	1,276	247
Balance, end of period	36,931	25,455	36,931	25,455
Mortgage
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period	17,167	11,792	13,664	7,959
Provision for loan and lease losses	947	1,400	4,365	5,265
Charge-offs	(29)	(694)	(106)	(734)
Recoveries	1	137	163	145
Balance, end of period	18,086	12,635	18,086	12,635
Home equity
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period	45	97	122	134
Provision for loan and lease losses	(20)	53	(116)	10
Charge-offs	0	(30)	(2)	(30)
Recoveries	7	3	28	9
Balance, end of period	32	123	32	123
Warehouse & other
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period	2,643	1,585	1,879	1,259
Provision for loan and lease losses	(170)	484	594	810
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Balance, end of period	2,473	2,069	2,473	2,069
Multifamily real estate secured
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period	3,293	4,234	4,363	3,785
Provision for loan and lease losses	637	203	(433)	952
Charge-offs	(114)	(44)	(114)	(344)
Recoveries	0	0	0	0
Balance, end of period	3,816	4,393	3,816	4,393
Commercial real estate secured
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period	736	985	1,103	1,035
Provision for loan and lease losses	20	(36)	(1,329)	70
Charge-offs	(29)	0	(29)	(156)
Recoveries	0	0	982	0
Balance, end of period	727	949	727	949
Auto and RV secured
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period	1,840	1,053	953	812
Provision for loan and lease losses	(611)	(73)	418	278
Charge-offs	(15)	(55)	(221)	(201)
Recoveries	39	45	103	81
Balance, end of period	1,253	970	1,253	970
Factoring
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period	359	270	292	279
Provision for loan and lease losses	3	24	70	15
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Balance, end of period	362	294	362	294
Commercial & Industrial
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period	6,602	3,153	5,882	3,048
Provision for loan and lease losses	1,055	758	1,775	863
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Balance, end of period	7,657	3,911	7,657	3,911
Other
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period	2,386	18	69	62
Provision for loan and lease losses	139	87	2,456	37
Charge-offs	0	0	0	0
Recoveries	0	6	0	12
Balance, end of period	$ 2,525	$ 111	$ 2,525	$ 111

LOANS, LEASES & ALLOWANCE FOR47

LOANS, LEASES & ALLOWANCE FOR LOANS AND LEASE LOSSES - LOANS INDIVIDUALLY EVALUATED FOR IMPAIRMENT (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Jun. 30, 2015
Financing Receivable, Evaluated Individually For Impairment, With Related Allowance Recorded [Abstract]
Unpaid Principal Balance	$ 28,914	$ 37,058
Principal Balance Adjustment	4,730	6,010
Unpaid Book Balance	24,184	31,048
Accrued Interest/Origination Fees	801	629
Recorded Investment	24,985	31,677
Related Allowance	$ 233	$ 273
Financing Receivable, Evaluated Individually For Impairment As a Percentage of Gross Loans [Abstract]
Unpaid Principal Balance, Ratio to All Loans	0.48%	0.74%
Principal Balance Adjustment, Ratio to All Loans	0.08%	0.12%
Unpaid Book Balance, Ratio to All Loans	0.40%	0.62%
Accrued Interest/Origination Fees, Ratio to All Loans	0.01%	0.01%
Recorded Investment, Ratio to All Loans	0.41%	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	717	657
Unpaid Book Balance	8,272	6,343
Accrued Interest/Origination Fees	519	129
Recorded Investment	8,791	6,472
Financing Receivable, Evaluated Individually For Impairment, With Related Allowance Recorded [Abstract]
Unpaid Principal Balance	4,493	10,142
Unpaid Book Balance	4,493	10,142
Accrued Interest/Origination Fees	62	0
Recorded Investment	4,555	10,142
Related Allowance	179	214
Mortgage | Purchased
Financing Receivable, Evaluated Individually For Impairment, With No Related Allowance Recorded [Abstract]
Unpaid Principal Balance	5,890	6,318
Principal Balance Adjustment	2,005	2,083
Unpaid Book Balance	3,885	4,235
Accrued Interest/Origination Fees	97	157
Recorded Investment	3,982	4,392
Financing Receivable, Evaluated Individually For Impairment, With Related Allowance Recorded [Abstract]
Unpaid Principal Balance	2,136	2,339
Unpaid Book Balance	2,136	2,339
Accrued Interest/Origination Fees	5	9
Recorded Investment	2,141	2,348
Related Allowance	50	45
Home equity | In-house originated
Financing Receivable, Evaluated Individually For Impairment, With Related Allowance Recorded [Abstract]
Unpaid Principal Balance	34	9
Unpaid Book Balance	34	9
Accrued Interest/Origination Fees	0	0
Recorded Investment	34	9
Related Allowance	1	1
Multifamily real estate secured | In-house originated
Financing Receivable, Evaluated Individually For Impairment, With Related Allowance Recorded [Abstract]
Unpaid Principal Balance	3,246	3,430
Unpaid Book Balance	3,246	3,430
Accrued Interest/Origination Fees	61	43
Recorded Investment	3,307	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	2,532	2,569
Principal Balance Adjustment	1,050	921
Unpaid Book Balance	1,482	1,648
Accrued Interest/Origination Fees	0	0
Recorded Investment	1,482	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	41	254
Recorded Investment	413	2,382
Auto and RV secured | In-house originated
Financing Receivable, Evaluated Individually For Impairment, With No Related Allowance Recorded [Abstract]
Unpaid Principal Balance	930	1,097
Principal Balance Adjustment	701	815
Unpaid Book Balance	229	282
Accrued Interest/Origination Fees	14	13
Recorded Investment	243	295
Financing Receivable, Evaluated Individually For Impairment, With Related Allowance Recorded [Abstract]
Unpaid Principal Balance	35	171
Unpaid Book Balance	35	171
Accrued Interest/Origination Fees	2	4
Recorded Investment	37	175
Related Allowance	$ 1	$ 8

LOANS, LEASES & ALLOWANCE FOR48

LOANS, LEASES & ALLOWANCE FOR LOANS AND LEASE LOSSES - ALLOWANCE FOR LOAN LOSS BY PORTFOLIO SEGMENT (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Mar. 31, 2016	Jun. 30, 2015
Financing Receivable, Allowance for Credit Losses [Line Items]
Ending allowance balance attributable to loans, individually evaluated for impairment	$ 233	$ 273
Ending allowance balance attributable to loans, collectively evaluated for impairment	36,698	28,054
Total ending allowance balance	36,931	28,327
Loans individually evaluated for impairment	24,184	31,048
Loans collectively evaluated for impairment	6,078,482	4,970,223
Principal loan balance	6,102,666	5,001,271
Unaccreted discounts and loan and lease fees	(31,035)	(44,326)
Accrued interest receivable	21,103	17,557
Total recorded investment in loans	$ 6,092,734	$ 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	$ 229	$ 259
Ending allowance balance attributable to loans, collectively evaluated for impairment	17,857	13,405
Total ending allowance balance	18,086	13,664
Loans individually evaluated for impairment	18,786	23,059
Loans collectively evaluated for impairment	3,522,877	2,957,736
Principal loan balance	3,541,663	2,980,795
Unaccreted discounts and loan and lease fees	13,390	10,438
Accrued interest receivable	12,609	10,530
Total recorded investment in loans	3,567,662	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	31	121
Total ending allowance balance	32	122
Loans individually evaluated for impairment	34	9
Loans collectively evaluated for impairment	3,122	3,595
Principal loan balance	3,156	3,604
Unaccreted discounts and loan and lease fees	20	11
Accrued interest receivable	5	5
Total recorded investment in loans	3,181	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	2,473	1,879
Total ending allowance balance	2,473	1,879
Loans individually evaluated for impairment	0	0
Loans collectively evaluated for impairment	506,031	385,413
Principal loan balance	506,031	385,413
Unaccreted discounts and loan and lease fees	(2,467)	(83)
Accrued interest receivable	1,787	306
Total recorded investment in loans	505,351	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	3,814	4,358
Total ending allowance balance	3,816	4,363
Loans individually evaluated for impairment	4,728	5,399
Loans collectively evaluated for impairment	1,272,206	1,180,132
Principal loan balance	1,276,934	1,185,531
Unaccreted discounts and loan and lease fees	4,096	3,348
Accrued interest receivable	5,136	4,862
Total recorded investment in loans	1,286,166	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	727	1,103
Total ending allowance balance	727	1,103
Loans individually evaluated for impairment	372	2,128
Loans collectively evaluated for impairment	98,419	59,275
Principal loan balance	98,791	61,403
Unaccreted discounts and loan and lease fees	425	96
Accrued interest receivable	345	145
Total recorded investment in loans	99,561	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	1,252	945
Total ending allowance balance	1,253	953
Loans individually evaluated for impairment	264	453
Loans collectively evaluated for impairment	45,029	12,687
Principal loan balance	45,293	13,140
Unaccreted discounts and loan and lease fees	615	149
Accrued interest receivable	127	73
Total recorded investment in loans	46,035	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	362	292
Total ending allowance balance	362	292
Loans individually evaluated for impairment	0	0
Loans collectively evaluated for impairment	145,485	122,200
Principal loan balance	145,485	122,200
Unaccreted discounts and loan and lease fees	(48,838)	(57,223)
Accrued interest receivable	341	477
Total recorded investment in loans	96,988	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	7,657	5,882
Total ending allowance balance	7,657	5,882
Loans individually evaluated for impairment	0	0
Loans collectively evaluated for impairment	480,939	248,584
Principal loan balance	480,939	248,584
Unaccreted discounts and loan and lease fees	1,777	(1,062)
Accrued interest receivable	675	1,159
Total recorded investment in loans	483,391	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	2,525	69
Total ending allowance balance	2,525	69
Loans individually evaluated for impairment	0	0
Loans collectively evaluated for impairment	4,374	601
Principal loan balance	4,374	601
Unaccreted discounts and loan and lease fees	(53)	0
Accrued interest receivable	78	0
Total recorded investment in loans	$ 4,399	$ 601

LOANS, LEASES & ALLOWANCE FOR49

LOANS, LEASES & ALLOWANCE FOR LOANS AND LEASE LOSSES - NONPERFORMING LOANS (Details) - Nonperforming - USD ($) $ in Thousands	Mar. 31, 2016	Jun. 30, 2015
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans	$ 23,972	$ 30,831
Total nonaccrual loans secured by real estate	$ 23,708	$ 30,378
Nonperforming loans to total loans, percent	0.39%	0.62%
Mortgage | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans	$ 12,765	$ 16,485
Mortgage | Purchased
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans	5,809	6,357
Home equity | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans	34	9
Multifamily real estate secured | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans	3,246	3,430
Multifamily real estate secured | Purchased
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans	1,482	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	$ 264	$ 453

LOANS, LEASES & ALLOWANCE FOR50

LOANS, LEASES & ALLOWANCE FOR LOANS AND LEASE LOSSES - NONPERFORMING LOANS NARRATIVE (Details) - loan	9 Months Ended	12 Months Ended
	Mar. 31, 2016	Jun. 30, 2015
Financing Receivable, Impaired [Line Items]
Number of loans past due	0
Ratio of nonperforming loans considered TDRs	13.61%	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	77.48%
Percentage of aggregate loan balance, after write down	65.37%

LOANS, LEASES & ALLOWANCE FOR51

LOANS, LEASES & ALLOWANCE FOR LOANS AND LEASE LOSSES - UNPAID PRINCIPAL BALANCE FOR PERFORMING AND NONPERFORMING (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Jun. 30, 2015
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	$ 6,102,666	$ 5,001,271
Performing
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	6,078,694	4,970,440
Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	23,972	30,831
Mortgage
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	3,541,663	2,980,795
Mortgage | Performing
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	3,523,089	2,957,953
Mortgage | Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	18,574	22,842
Home equity
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	3,156	3,604
Home equity | Performing
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	3,122	3,595
Home equity | Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	34	9
Warehouse & other
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	506,031	385,413
Warehouse & other | Performing
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	506,031	385,413
Warehouse & other | Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	0	0
Multifamily real estate secured
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	1,276,934	1,185,531
Multifamily real estate secured | Performing
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	1,272,206	1,180,132
Multifamily real estate secured | Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	4,728	5,399
Commercial real estate secured
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	98,791	61,403
Commercial real estate secured | Performing
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	98,419	59,275
Commercial real estate secured | Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	372	2,128
Auto and RV secured
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	45,293	13,140
Auto and RV secured | Performing
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	45,029	12,687
Auto and RV secured | Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	264	453
Factoring
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	145,485	122,200
Factoring | Performing
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	145,485	122,200
Factoring | Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	0	0
Commercial & Industrial
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	480,939	248,584
Commercial & Industrial | Performing
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	480,939	248,584
Commercial & Industrial | Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	0	0
Other
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	4,374	601
Other | Performing
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	4,374	601
Other | Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	$ 0	$ 0

LOANS, LEASES & ALLOWANCE FOR52

LOANS, LEASES & ALLOWANCE FOR LOANS AND LEASE LOSSES - PERFORMING AND NONPERFORMING BY CLASS AND SOURCE (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Jun. 30, 2015
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	$ 6,102,666	$ 5,001,271
Performing
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	6,078,694	4,970,440
Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	23,972	30,831
Mortgage
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	3,541,663	2,980,795
Mortgage | Performing
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	3,523,089	2,957,953
Mortgage | Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	18,574	22,842
Multifamily real estate secured
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	1,276,934	1,185,531
Multifamily real estate secured | Performing
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	1,272,206	1,180,132
Multifamily real estate secured | Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	4,728	5,399
Commercial real estate secured
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	98,791	61,403
Commercial real estate secured | Performing
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	98,419	59,275
Commercial real estate secured | Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	372	2,128
In-house originated | Mortgage
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	3,461,213	2,885,604
In-house originated | Mortgage | Performing
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	3,448,448	2,869,119
In-house originated | Mortgage | Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	12,765	16,485
In-house originated | Multifamily real estate secured
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	1,166,521	1,051,696
In-house originated | Multifamily real estate secured | Performing
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	1,163,275	1,048,266
In-house originated | Multifamily real estate secured | Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	3,246	3,430
In-house originated | Commercial real estate secured
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	86,227	46,577
In-house originated | Commercial real estate secured | Performing
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	86,227	46,577
In-house originated | Commercial real estate secured | Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	0	0
Purchased | Mortgage
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	80,450	95,191
Purchased | Mortgage | Performing
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	74,641	88,834
Purchased | Mortgage | Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	5,809	6,357
Purchased | Multifamily real estate secured
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	110,413	133,835
Purchased | Multifamily real estate secured | Performing
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	108,931	131,866
Purchased | Multifamily real estate secured | Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	1,482	1,969
Purchased | Commercial real estate secured
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	12,564	14,826
Purchased | Commercial real estate secured | Performing
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	12,192	12,698
Purchased | Commercial real estate secured | Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	$ 372	$ 2,128

LOANS, LEASES & ALLOWANCE FOR53

LOANS, LEASES & ALLOWANCE FOR LOANS AND LEASE LOSSES - TROUBLED DEBT RESTRUCTURINGS BY CLASS (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015	Jun. 30, 2015
Financing Receivable, Modifications [Line Items]
Performing loans temporarily modified as TDR	$ 212		$ 212		$ 217
Non performing loans	23,972		23,972		30,831
Total impaired loans	24,184		24,184		31,048
Interest income recognized on performing TDR's	2	$ 2	6	$ 34
Average balances of performing TDR's	213	377	215	918
Average balances of impaired loans	25,439	35,050	28,125	29,697
Mortgage
Financing Receivable, Modifications [Line Items]
Performing loans temporarily modified as TDR	212		212		217
Non performing loans	18,574		18,574		22,842
Total impaired loans	18,786		18,786		23,059
Interest income recognized on performing TDR's	2	2	6	14
Average balances of performing TDR's	213	377	215	570
Average balances of impaired loans	19,977	27,097	21,559	20,618
Home equity
Financing Receivable, Modifications [Line Items]
Performing loans temporarily modified as TDR	0		0		0
Non performing loans	34		34		9
Total impaired loans	34		34		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	21	32	15	62
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	4,728		4,728		5,399
Total impaired loans	4,728		4,728		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	4,787	5,327	5,064	5,300
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	348
Average balances of impaired loans	372	2,164	1,147	3,253
Auto and RV secured
Financing Receivable, Modifications [Line Items]
Performing loans temporarily modified as TDR	0		0		0
Non performing loans	264		264		453
Total impaired loans	264		264		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	282	430	340	464
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, LEASES & ALLOWANCE FOR54

LOANS, LEASES & ALLOWANCE FOR LOANS AND LEASE LOSSES - LOANS BY CREDIT QUALITY INDICATOR (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Jun. 30, 2015
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	$ 6,102,666	$ 5,001,271
Ratio of Grade Class to Gross Loans	100.00%	100.00%
Mortgage
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	$ 3,541,663	$ 2,980,795
Mortgage | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	3,461,213	2,885,604
Mortgage | Purchased
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	80,450	95,191
Home equity
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	3,156	3,604
Home equity | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	3,156	3,604
Warehouse & other
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	506,031	385,413
Warehouse & other | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	506,031	385,413
Multifamily real estate secured
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	1,276,934	1,185,531
Multifamily real estate secured | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	1,166,521	1,051,696
Multifamily real estate secured | Purchased
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	110,413	133,835
Commercial real estate secured
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	98,791	61,403
Commercial real estate secured | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	86,227	46,577
Commercial real estate secured | Purchased
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	12,564	14,826
Auto and RV secured
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	45,293	13,140
Auto and RV secured | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	45,293	13,140
Factoring
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	145,485	122,200
Factoring | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	145,485	122,200
Commercial & Industrial
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	480,939	248,584
Commercial & Industrial | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	344,101	248,584
Commercial & Industrial | Purchased
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	136,838
Other
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	4,374	601
Pass
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	$ 6,033,001	$ 4,917,881
Ratio of Grade Class to Gross Loans	98.90%	98.30%
Pass | Mortgage | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	$ 3,423,247	$ 2,855,637
Pass | Mortgage | Purchased
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	73,891	87,256
Pass | Home equity | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	3,104	3,473
Pass | Warehouse & other | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	501,500	375,588
Pass | Multifamily real estate secured | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	1,158,436	1,036,718
Pass | Multifamily real estate secured | Purchased
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	105,084	127,839
Pass | Commercial real estate secured | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	86,227	46,577
Pass | Commercial real estate secured | Purchased
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	10,169	9,947
Pass | Auto and RV secured | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	44,969	12,630
Pass | Factoring | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	145,485	122,200
Pass | Commercial & Industrial | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	342,911	239,415
Pass | Commercial & Industrial | Purchased
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	136,838
Pass | Other
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	1,140	601
Special Mention
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	$ 37,219	$ 47,325
Ratio of Grade Class to Gross Loans	0.60%	1.00%
Special Mention | Mortgage | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	$ 19,713	$ 11,256
Special Mention | Mortgage | Purchased
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	64	216
Special Mention | Home equity | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	17	0
Special Mention | Warehouse & other | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	4,531	9,825
Special Mention | Multifamily real estate secured | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	4,839	10,926
Special Mention | Multifamily real estate secured | Purchased
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	2,781	3,470
Special Mention | Commercial real estate secured | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	0	0
Special Mention | Commercial real estate secured | Purchased
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	2,023	2,444
Special Mention | Auto and RV secured | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	17	19
Special Mention | Factoring | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	0	0
Special Mention | Commercial & Industrial | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	0	9,169
Special Mention | Commercial & Industrial | Purchased
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	0
Special Mention | Other
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	3,234	0
Substandard
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	$ 32,446	$ 36,065
Ratio of Grade Class to Gross Loans	0.50%	0.70%
Substandard | Mortgage | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	$ 18,253	$ 18,711
Substandard | Mortgage | Purchased
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	6,495	7,719
Substandard | Home equity | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	35	131
Substandard | Warehouse & other | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	0	0
Substandard | Multifamily real estate secured | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	3,246	4,052
Substandard | Multifamily real estate secured | Purchased
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	2,548	2,526
Substandard | Commercial real estate secured | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	0	0
Substandard | Commercial real estate secured | Purchased
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	372	2,435
Substandard | Auto and RV secured | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	307	491
Substandard | Factoring | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	0	0
Substandard | Commercial & Industrial | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	1,190	0
Substandard | Commercial & Industrial | Purchased
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	0
Substandard | Other
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	0	0
Doubtful
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	$ 0	$ 0
Ratio of Grade Class to Gross Loans	0.00%	0.00%
Doubtful | Mortgage | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	$ 0	$ 0
Doubtful | Mortgage | Purchased
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	0	0
Doubtful | Home equity | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	0	0
Doubtful | Warehouse & other | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	0	0
Doubtful | Multifamily real estate secured | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	0	0
Doubtful | Multifamily real estate secured | Purchased
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	0	0
Doubtful | Commercial real estate secured | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	0	0
Doubtful | Commercial real estate secured | Purchased
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	0	0
Doubtful | Auto and RV secured | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	0	0
Doubtful | Factoring | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	0	0
Doubtful | Commercial & Industrial | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	0	0
Doubtful | Commercial & Industrial | Purchased
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	0
Doubtful | Other
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	$ 0	$ 0

LOANS, LEASES & ALLOWANCE FOR55

LOANS, LEASES & ALLOWANCE FOR LOANS AND LEASE LOSSES - PAST DUE LOANS (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Jun. 30, 2015
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	$ 29,547	$ 22,557
Total Past Due as a Percent of Gross Loans	0.48%	0.45%
Mortgage | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	$ 20,324	$ 15,601
Mortgage | Purchased
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	3,298	3,843
Home equity | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	46	130
Multifamily real estate secured | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	791	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	423
Auto and RV secured | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total		463
Other
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	4,293
30-59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	$ 4,749	$ 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	$ 2,956	$ 1,275
30-59 Days Past Due | Mortgage | Purchased
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	386	472
30-59 Days Past Due | Home equity | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	0	130
30-59 Days Past Due | Multifamily real estate secured | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	0	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	348
30-59 Days Past Due | Auto and RV secured | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total		271
30-59 Days Past Due | Other
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	1,059
60-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	$ 8,339	$ 3,001
Total Past Due as a Percent of Gross Loans	0.14%	0.06%
60-89 Days Past Due | Mortgage | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	$ 4,634	$ 2,876
60-89 Days Past Due | Mortgage | Purchased
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	437	0
60-89 Days Past Due | Home equity | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	17	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	0	0
60-89 Days Past Due | Auto and RV secured
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	17
60-89 Days Past Due | Auto and RV secured | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total		125
60-89 Days Past Due | Other
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	3,234
90 Plus Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	$ 16,459	$ 16,382
Total Past Due as a Percent of Gross Loans	0.27%	0.33%
90 Plus Days Past Due | Mortgage | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	$ 12,734	$ 11,450
90 Plus Days Past Due | Mortgage | Purchased
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	2,475	3,371
90 Plus Days Past Due | Home equity | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	29	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	372	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
90 Plus Days Past Due | Other
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	$ 0

SUBORNIDATED NOTES AND DEBENT56

SUBORNIDATED NOTES AND DEBENTURES - NARRATIVE (Details) - USD ($) $ in Thousands	1 Months Ended	9 Months Ended
	Dec. 31, 2004	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2014
Debt Instrument [Line Items]
Subordinated notes issues		$ 51,000
Interest rate per annum (as a percentage)		6.25%
Proceeds from issuance of subordinated notes and debentures		$ 51,000	$ 0
Debt issuance costs and discount (as a percentage)		3.15%
Trust preferred securities	$ 5,000
Junior Subordinated Debt
Debt Instrument [Line Items]
Junior subordinated debenture				$ 5,155
Variable rate basis	P3M
Basis spread on variable rate (as a percentage)	2.40%
Effective rate (as a percentage)		1.59%

EQUITY AND STOCK-BASED COMPEN57

EQUITY AND STOCK-BASED COMPENSATION - NARRATIVE (Details)		Nov. 17, 2015	Mar. 31, 2016stock_incentive_planshares	Mar. 17, 2016USD ($)	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, shares authorized			150,000,000		150,000,000		50,000,000	150,000,000
Common stock split, conversion ratio	[1]	4
Common stock, dividend issued, shares, stock split						3
Stock repurchase program, maximum amount authorized | $				$ 100,000,000
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 COMPEN58

EQUITY AND STOCK-BASED COMPENSATION - STOCK OPTION ACTIVITY 1 (Details) - $ / shares	9 Months Ended	12 Months Ended
	Mar. 31, 2016	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)	(80,800)	(345,400)
Canceled (shares)	0	0
Outstanding, ending (shares)	1,600	82,400
Options exercisable (shares)	1,600	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 COMPEN59

EQUITY AND STOCK-BASED COMPENSATION - STOCK OPTION ACTIVITY 2 (Details) - USD ($) $ / shares in Units, $ in Thousands	9 Months Ended
	Mar. 31, 2016	Jun. 30, 2015	Jun. 30, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options Outstanding, Number Outstanding (in shares)	1,600	82,400	427,800
Options Exercisable, Number Exercisable (shares)	1,600	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	$ 31
Intrinsic value of options exercisable	$ 31
$ 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)	1,600
Options Outstanding, Weighted-Average Remaining Contractual Life (Years)	3 months 26 days
Options Exercisable, Number Exercisable (shares)	1,600
Options exercisable, Weighted-Average Exercise Price (in dollars per share)	$ 1.84

EQUITY AND STOCK-BASED COMPEN60

EQUITY AND STOCK-BASED COMPENSATION - RESTRICTED STOCK AND RSUs (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015	Jun. 30, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense			$ 8,470	$ 4,787
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted stock grants			615,362	648,596
Vesting period for options granted			3 years	3 years
Annual vesting percentage			33.33%	33.33%
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	$ 3,353	$ 1,772	$ 8,470	$ 4,787
Tax benefit from stock-based compensation	1,394	$ 728	3,532	$ 1,967
Unrecognized Compensation Expense [Abstract]
2,016	3,171		3,171
2,017	10,987		10,987
2,018	7,749		7,749
2,019	2,918		2,918
Unrecognized compensation expense, total	$ 24,825		$ 24,825
Restricted Stock | Chief Executive Officer (CEO)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period for options granted			4 years	4 years
Annual vesting percentage			25.00%	25.00%
Restricted Stock and Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted stock grants			615,362		775,836

EQUITY AND STOCK-BASED COMPEN61

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		9 Months Ended		12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015	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)			615,362		775,836
Vested (shares)			(262,747)		(519,400)
Canceled (shares)			(80,511)		(67,104)
Non-vested balance, ending (shares)	1,407,192		1,407,192		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)			26.61		19.99
Vested (Wtd. Avg. Grant Date FV)			13.77		10.11
Canceled (Wtd. Avg. Grant Date FV)			20.26		14.13
Non-vested balance, ending (Wtd. Avg. Grant Date FV)	$ 21.44		$ 21.44		$ 17.01
Total fair value of shares vested in the period	$ 155	$ 288	$ 7,303	$ 5,223

EARNINGS PER SHARE ("EPS") (Det

EARNINGS PER SHARE ("EPS") (Details) $ / shares in Units, $ in Thousands		Nov. 17, 2015	Mar. 31, 2016USD ($)$ / sharesshares	Mar. 31, 2015USD ($)$ / sharesshares	Mar. 31, 2016USD ($)$ / sharesshares	Mar. 31, 2015USD ($)$ / sharesshares
Earnings Per Share [Abstract]
Net income | $			$ 35,914	$ 21,074	$ 89,564	$ 58,287
Preferred stock dividends | $			(77)	(77)	(232)	(232)
Net income attributable to common shareholders | $			$ 35,837	$ 20,997	$ 89,332	$ 58,055
Average common shares issued and outstanding			63,066,262	60,889,204	62,849,818	59,500,280
Average unvested RSU shares			1,419,603	1,291,012	1,345,764	1,214,684
Total qualifying shares			64,485,865	62,180,216	64,195,582	60,714,964
Basic earnings per share, in dollars per share | $ / shares	[1]		$ 0.56	$ 0.34	$ 1.39	$ 0.96
Diluted Earnings Per Common Share
Net income attributable to common shareholders | $			$ 35,837	$ 20,997	$ 89,332	$ 58,055
Dilutive net income attributable to common shareholders | $			$ 35,837	$ 20,997	$ 89,332	$ 58,055
Average common shares issued and outstanding			64,485,865	62,180,216	64,195,582	60,714,964
Dilutive effect of stock options (in shares)			951	237,544	7,625	236,088
Total dilutive common shares issued and outstanding			64,486,816	62,417,760	64,203,207	60,951,052
Diluted earnings per share, in dollars per share | $ / shares	[1]		$ 0.56	$ 0.34	$ 1.39	$ 0.95
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 - NARRATIVE (Details) $ in Thousands	9 Months Ended
	Mar. 31, 2016USD ($)
Direct Financing Lease
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Off-balance sheet, loan origination commitment	$ 2,095
Loan Origination Commitments
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Off-balance sheet, loan origination commitment	224,927
Loan Origination Commitments | Sales commitment
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Off-balance sheet, commitment	106,783
Loan Origination Commitments | Fixed Interest Rate
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Off-balance sheet, loan origination commitment	$ 91,724
Fixed interest rate minimum on commitments to extend credit	2.75%
Fixed interest rate maximum on commitments to extend credit	6.59%
Loan Origination Commitments | Fixed Interest Rate | Sales commitment
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Off-balance sheet, commitment	$ 105,352
Loan Origination Commitments | Variable Interest Rate
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Off-balance sheet, loan origination commitment	133,203
Loan Origination Commitments | Variable Interest Rate | Sales commitment
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Off-balance sheet, commitment	$ 1,431

RELATED PARTY TRANSACTIONS - NA

RELATED PARTY TRANSACTIONS - NARRATIVE (Details) - loan	9 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Related Party Transactions [Abstract]
Number of related party loans granted	0	0
Number of related party loans refinanced	0	0

Uncategorized Items - bofi-2016

Label	Element	Value
Municipal Bonds [Member]
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	us-gaap_HeldToMaturitySecurities	35,976,000
Held-to-maturity Securities	us-gaap_HeldToMaturitySecurities	35,917,000
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	5,146,000
Held-to-maturity Securities, Fair Value	us-gaap_HeldToMaturitySecuritiesFairValue	40,050,000
Held-to-maturity Securities, Fair Value	us-gaap_HeldToMaturitySecuritiesFairValue	41,063,000
Agency, Residential Mortgage Backed Securities [Member]
Held-to-maturity Securities, Debt Maturities, after Ten Years, Fair Value	us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsFairValue	26,012,000
Held-to-maturity Securities, Accumulated Unrecognized Holding Loss	us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss	0
Held-to-maturity Securities, Accumulated Unrecognized Holding Loss	us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss	2,000
Held-to-maturity Securities	us-gaap_HeldToMaturitySecurities	41,993,000
Held-to-maturity Securities	us-gaap_HeldToMaturitySecurities	37,366,000
Held-to-maturity Securities, Debt Maturities, without Single Maturity Date, Net Carrying Amount	us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount	37,366,000
Held-to-maturity Securities, Debt Maturities, within One Year, Net Carrying Amount	us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount	1,305,000
Held-to-maturity Securities, Debt Maturities, after Five Through Ten Years, Net Carrying Amount	us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount	5,458,000
Held-to-maturity Securities, Debt Maturities, Year Six Through Ten, Fair Value	us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue	5,690,000
Held-to-maturity Securities, Debt Maturities, Next Twelve Months, Fair Value	us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearFairValue	1,367,000
Held-to-maturity Securities, Debt Maturities, after Ten Years, Net Carrying Amount	us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount	25,666,000
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	867,000
Held-to-maturity Securities, Fair Value	us-gaap_HeldToMaturitySecuritiesFairValue	43,391,000
Held-to-maturity Securities, Fair Value	us-gaap_HeldToMaturitySecuritiesFairValue	38,231,000
Held-to-maturity Securities, Debt Maturities, Year Two Through Five, Fair Value	us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue	5,162,000
Held-to-maturity Securities, Debt Maturities, after One Through Five Years, Net Carrying Amount	us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount	4,937,000
Non-Agency, Residential Mortgage Backed Securities [Member]
Held-to-maturity Securities, Debt Maturities, after Ten Years, Fair Value	us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsFairValue	39,819,000
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	8,747,000
Held-to-maturity Securities	us-gaap_HeldToMaturitySecurities	147,586,000
Held-to-maturity Securities	us-gaap_HeldToMaturitySecurities	138,011,000
Held-to-maturity Securities, Debt Maturities, without Single Maturity Date, Net Carrying Amount	us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount	138,011,000
Held-to-maturity Securities, Debt Maturities, within One Year, Net Carrying Amount	us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount	21,885,000
Held-to-maturity Securities, Debt Maturities, after Five Through Ten Years, Net Carrying Amount	us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount	31,981,000
Held-to-maturity Securities, Debt Maturities, Year Six Through Ten, Fair Value	us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue	32,006,000
Held-to-maturity Securities, Debt Maturities, Next Twelve Months, Fair Value	us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearFairValue	21,582,000
Held-to-maturity Securities, Debt Maturities, after Ten Years, Net Carrying Amount	us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount	40,125,000
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	7,828,000
Held-to-maturity Securities, Fair Value	us-gaap_HeldToMaturitySecuritiesFairValue	144,882,000
Held-to-maturity Securities, Fair Value	us-gaap_HeldToMaturitySecuritiesFairValue	137,092,000
Held-to-maturity Securities, Debt Maturities, Year Two Through Five, Fair Value	us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue	43,685,000
Held-to-maturity Securities, Debt Maturities, after One Through Five Years, Net Carrying Amount	us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount	44,020,000
Non-Agency Securities [Member]
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	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, Fair Value	us-gaap_HeldToMaturitySecuritiesFairValue	0
Held-to-maturity Securities, Fair Value	us-gaap_HeldToMaturitySecuritiesFairValue	$ 0