Axos Financial (AX) 10-K 25 Aug 16 2016 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Jun. 30, 2016	Aug. 17, 2016	Dec. 31, 2015
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-K
Document Period End Date	Jun. 30, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	FY
Amendment Flag	false
Entity Common Stock, Shares Outstanding (in shares)		63,270,115
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Public Float			$ 1,271,624,164

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands		Jun. 30, 2016	Jun. 30, 2015
ASSETS
Cash and due from banks		$ 486,627	$ 222,774
Federal funds sold		100	100
Total cash and cash equivalents		486,727	222,874
Securities:
Trading		7,584	7,832
Available for sale		265,447	163,361
Held to maturity—fair value of $202,677 at June 2016 and $228,323 at June 2015		199,174	225,555
Stock of the Federal Home Loan Bank, at cost		57,123	66,270
Loans held for sale, carried at fair value		20,871	25,430
Loans held for sale, carried at lower of cost or fair value		33,530	77,891
Loans and leases—net of allowance for loan and lease losses of $35,826 as of June 2016 and $28,327 as of June 2015		6,354,679	4,928,618
Accrued interest receivable		26,201	20,268
Furniture, equipment and software—net		13,995	8,551
Deferred income tax		39,171	32,955
Cash surrender value of life insurance		5,990	5,806
Mortgage servicing rights, carried at fair value		3,943	2,098
Other real estate owned and repossessed vehicles		252	1,240
Other assets		86,667	34,970
TOTAL ASSETS		7,601,354	5,823,719
Deposits:
Non-interest bearing		588,774	309,339
Interest bearing	[1]	5,455,277	4,142,578
Total deposits		6,044,051	4,451,917
Securities sold under agreements to repurchase		35,000	35,000
Advances from the Federal Home Loan Bank		727,000	753,000
Subordinated notes and debentures and other		58,066	5,155
Accrued interest payable		1,667	1,266
Accounts payable and accrued liabilities and other liabilities		51,980	43,855
Total liabilities		6,917,764	5,290,193
COMMITMENTS AND CONTINGENCIES
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 June 2016 and June 2015	[2]	5,063	5,063
Common stock—$0.01 par value; 150,000,000 shares authorized, 64,513,494 shares issued and 63,219,392 shares outstanding as of June 2016, 63,145,364 shares issued and 62,075,004 shares outstanding as of June 2015	[2]	645	631
Additional paid-in capital	[2]	331,156	296,042
Accumulated other comprehensive income (loss) — net of tax	[2]	(7,304)	(9,399)
Retained earnings	[2]	384,815	265,833
Treasury stock, at cost; 1,294,102 shares as of June 2016 and 1,070,360 shares as of June 2015	[2]	(30,785)	(24,644)
Total stockholders’ equity	[2]	683,590	533,526
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	[2]	$ 7,601,354	$ 5,823,719
[1]	The total interest-bearing includes brokered deposits of $800.7 million and $661.9 million as of June 30, 2016 and June 30, 2015, respectively, of which $537.4 million and $356.3 million, respectively, are time deposits classified as $100 or more.
[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.

CONSOLIDATED BALANCE SHEETS (PA

CONSOLIDATED BALANCE SHEETS (PARENTHETICAL) $ in Thousands		Jun. 30, 2016USD ($)$ / sharesshares	Jun. 30, 2015USD ($)$ / sharesshares
Assets:
Held to maturity - Fair Value | $		$ 202,677	$ 228,323
Loans - Net Allowance for Loan Losses | $		$ 35,826	$ 28,327
Stockholders' Equity:
Preferred stock, par or stated value (in dollars per share) | $ / shares	[1]	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	[1]	1,000,000	1,000,000
Common stock, par value (in dollars per share) | $ / shares	[1]	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	[1]	150,000,000	150,000,000
Common stock, shares, issued (in shares)	[1],[2]	64,513,494	63,145,364
Common stock, shares outstanding (in shares)	[1],[2],[3]	63,219,392	62,075,004
Treasury stock, shares (in shares)	[1]	1,294,102	1,070,360
Convertible Series A Preferred Stock
Stockholders' Equity:
Preferred stock, par or stated value (in dollars per share) | $ / shares	[1]	$ 10,000	$ 10,000
Preferred stock, liquidation preference value (in dollars per share) | $ / shares	[1]	$ 10,000	$ 10,000
Preferred stock, shares issued (in shares)	[1]	515	515
Preferred stock, shares outstanding (in shares)	[1]	515	515
[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.
[3]	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.

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME $ in Thousands		12 Months Ended
		Jun. 30, 2016USD ($)$ / shares	Jun. 30, 2015USD ($)$ / shares		Jun. 30, 2014USD ($)$ / shares
INTEREST AND DIVIDEND INCOME:
Loans and leases, including fees		$ 291,058	$ 220,486		$ 147,664
Investments		26,649	23,878		25,214
Total interest and dividend income		317,707	244,364		172,878
INTEREST EXPENSE:
Deposits		42,667	34,733		24,817
Advances from the Federal Home Loan Bank		11,175	8,910		6,981
Other borrowings		2,854	1,776		3,983
Total interest expense		56,696	45,419		35,781
Net interest income		261,011	198,945		137,097
Provision for loan and lease losses		9,700	11,200		5,350
Net interest income, after provision for loan and lease losses		251,311	187,745		131,747
NON-INTEREST INCOME:
Realized gain (loss) on sale of mortgage-backed securities		1,427	587		208
Other-than-temporary loss on securities:
Total impairment (losses)		(3,472)	(6,805)		(2,359)
(Gain) loss recognized in other comprehensive loss		2,907	4,440		(443)
Net impairment loss recognized in earnings		(565)	(2,365)		(2,802)
Fair value gain (loss) on trading securities		(248)	(234)		954
Total unrealized loss on securities		(813)	(2,599)		(1,848)
Prepayment penalty fee income		2,914	4,695		2,687
Gain on sale – other		15,540	5,793		6,658
Mortgage banking income		11,076	15,264		10,170
Banking service fees and other income		36,196	6,850		4,580
Total non-interest income		66,340	30,590		22,455
NON-INTEREST EXPENSE:
Salaries and related costs		66,667	43,819		32,240
Professional services		4,700	4,122		5,421
Occupancy and equipment		4,326	3,091		2,324
Data processing and internet		10,348	6,632		5,373
Advertising and promotional		6,867	6,060		3,724
Depreciation and amortization		4,795	3,273		2,874
Real estate owned and repossessed vehicles		(46)	(120)		(149)
FDIC and regulatory fees		4,632	3,434		2,343
Other general and administrative		10,467	7,167		5,783
Total non-interest expense		112,756	77,478		59,933
INCOME BEFORE INCOME TAXES		204,895	140,857		94,269
INCOME TAXES		85,604	58,175		38,313
NET INCOME		119,291	82,682		55,956
NET INCOME ATTRIBUTABLE TO COMMON STOCK		118,982	82,373		55,647
COMPREHENSIVE INCOME		$ 121,386	$ 83,649		$ 56,390
Basic earnings per share (dollars per share) | $ / shares	[1]	$ 1.85	$ 1.35	[2]	$ 0.97	[2]
Diluted earnings per share (dollars per share) | $ / shares	[1]	$ 1.85	$ 1.34	[2]	$ 0.96	[2]
[1]	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.

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Statement of Comprehensive Income [Abstract]
NET INCOME	$ 119,291	$ 82,682	$ 55,956
Net unrealized gain (loss) from available-for-sale securities, net of tax expense (benefit) of $(68), $132 and $36 for the years ended June 30, 2016, 2015 and 2014, respectively.	(94)	180	54
Other-than-temporary impairment on securities recognized in other comprehensive income, net of tax expense (benefit) of $2,177, $832 and $253 for the years ended June 30, 2016, 2015 and 2014, respectively.	3,018	1,139	380
Reclassification of net (gain) loss from available-for-sale securities included in income, net of tax expense (benefit) of $598, $235 and $0 for the years ended June 30, 2016, 2015 and 2014, respectively.	(829)	(352)	0
Other comprehensive income (loss)	2,095	967	434
Comprehensive income	$ 121,386	$ 83,649	$ 56,390

CONSOLIDATED STATEMENTS OF COM6

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (PARENTHETICAL) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Statement of Comprehensive Income [Abstract]
Net tax expense (benefit) for net unrealized gain (loss) from available-for-sale securities	$ (68)	$ 132	$ 36
Net tax expense (benefit) for other-than-temporary impairment on securities recognized in other comprehensive income	2,177	832	253
Net tax expense (benefit) for reclassification of net (gain) loss from available-for-sale securities included in income	$ 598	$ 235	$ 0

CONSOLIDATED STATEMENTS OF STOC

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($) $ in Thousands		Total		Convertible Preferred Stock	Common Stock		Treasury	TreasuryRestricted stock	TreasuryStock options	Additional Paid-in Capital	[1]	Retained Earnings	Accumulated Other Comprehensive Income (Loss), Net of Income Tax
Convertible Preferred Stock (in shares) at Jun. 30, 2013				515
Stockholders' equity at Jun. 30, 2013		$ 268,262		$ 5,063	$ 558	[1]	$ (10,257)			$ 155,885		$ 127,813	$ (10,800)
Common stock (in shares) at Jun. 30, 2013		54,933,300	[1],[2]		55,838,204	[1]	904,904
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income		$ 55,956										55,956
Other comprehensive income (loss)		434											434
Cash dividends on preferred stock		$ (309)										(309)
Issuance of common stock (in shares)	[1]	2,241,204	[2]		2,241,204
Issuance of common stock		$ 41,583			$ 22	[1]				41,561
Stock-based compensation expense		$ 4,358								4,358
Restricted stock unit vesting and tax benefits (in shares)		477,986	[2]		477,986	[1]
Restricted stock unit vesting, stock options exercised and tax benefits (in shares)								(67,018)	0
Restricted stock unit vesting and tax benefits outstanding (in shares)	[1]	410,968
Restricted stock unit vesting and tax benefits		$ (1,384)			$ 5	[1]	$ (4,855)			3,466
Stock option exercises and tax benefits (in shares)		222,128	[2],[3]		222,128	[1]
Stock option exercises and tax benefits outstanding (in shares)	[1],[2]	222,128
Restricted stock unit vesting and tax benefits		$ 1,878			$ 2	[1]	0			1,876
Convertible Preferred Stock (in shares) at Jun. 30, 2014				515
Stockholders' equity at Jun. 30, 2014		$ 370,778		$ 5,063	$ 587	[1]	$ (15,112)			207,146		183,460	(10,366)
Common stock (in shares) at Jun. 30, 2014		57,807,600	[1],[2]		58,779,522	[1]	971,922
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income		$ 82,682										82,682
Other comprehensive income (loss)		967											967
Cash dividends on preferred stock		$ (309)										(309)
Issuance of common stock (in shares)	[1]	3,796,356	[2]		3,796,356
Issuance of common stock		$ 75,985			$ 38	[1]				75,947
Stock-based compensation expense		$ 6,648								6,648
Restricted stock unit vesting and tax benefits (in shares)		350,947	[2]		350,947	[1]
Restricted stock unit vesting, stock options exercised and tax benefits (in shares)								(56,151)	(42,287)
Restricted stock unit vesting and tax benefits outstanding (in shares)	[1]	294,796
Restricted stock unit vesting and tax benefits		$ (2,880)			$ 4	[1]	$ (5,310)			2,426
Stock option exercises and tax benefits (in shares)		218,539	[2],[3]		218,539	[1]
Stock option exercises and tax benefits outstanding (in shares)	[1],[2]	176,252
Restricted stock unit vesting and tax benefits		$ (345)			$ 2	[1]	(4,222)			3,875
Convertible Preferred Stock (in shares) at Jun. 30, 2015				515
Stockholders' equity at Jun. 30, 2015		$ 533,526	[4]	$ 5,063	$ 631	[1]	$ (24,644)			296,042		265,833	(9,399)
Common stock (in shares) at Jun. 30, 2015		62,075,004	[1],[2],[4]		63,145,364	[1]	1,070,360
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common stock, par value (in dollars per share)	[4]	$ 0.01
Net income		$ 119,291										119,291
Other comprehensive income (loss)		2,095											2,095
Cash dividends on preferred stock		$ (309)										(309)
Issuance of common stock (in shares)	[1]	723,808	[2]		723,808
Issuance of common stock		$ 21,120			$ 7	[1]				21,113
Stock-based compensation expense (in shares)	[1]	25,394			25,394
Stock-based compensation expense		$ 11,326			$ 1	[1]				11,325
Restricted stock unit vesting and tax benefits (in shares)		561,922	[2]		536,528	[1]
Restricted stock unit vesting, stock options exercised and tax benefits (in shares)								(223,742)	0
Restricted stock unit vesting and tax benefits outstanding (in shares)	[1]	312,786
Restricted stock unit vesting and tax benefits		$ (4,616)			$ 5	[1]	$ (6,141)			1,520
Stock option exercises and tax benefits (in shares)		82,400	[2]		82,400	[1]
Stock option exercises and tax benefits outstanding (in shares)	[1],[2]	82,400
Restricted stock unit vesting and tax benefits		$ 1,157			$ 1	[1]	0			1,156
Convertible Preferred Stock (in shares) at Jun. 30, 2016				515
Stockholders' equity at Jun. 30, 2016		$ 683,590	[4]	$ 5,063	$ 645	[1]	$ (30,785)			$ 331,156		$ 384,815	$ (7,304)
Common stock (in shares) at Jun. 30, 2016		63,219,392	[1],[2],[4]		64,513,494	[1]	1,294,102
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common stock, par value (in dollars per share)	[4]	$ 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. 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.
[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.
[3]	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
[4]	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.

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 119,291	$ 82,682	$ 55,956
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Accretion of discounts on securities	(5,276)	(5,517)	(8,340)
Net accretion of discounts on loans and leases	959	(27)	(2,647)
Stock-based compensation expense	11,326	6,648	4,358
Tax effect from exercise of common stock options and vesting of restricted stock grants	(2,531)	(5,526)	(4,856)
Valuation of financial instruments carried at fair value	248	234	(955)
Net gain on sale of investment securities	(1,427)	(587)	0
Impairment charge on securities	565	2,365	2,802
Provision for loan and lease losses	9,700	11,200	5,350
Deferred income taxes	(6,647)	(8,818)	(2,040)
Origination of loans held for sale	(1,363,025)	(1,048,982)	(741,494)
Unrealized (gain) loss on loans held for sale	(97)	119	179
Gain on sales of loans held for sale	(26,616)	(21,057)	(17,007)
Proceeds from sale of loans held for sale	1,523,113	1,114,097	727,265
Change in fair value of mortgage servicing rights	889	265	(45)
(Gain) loss on sale of other real estate and foreclosed assets	(145)	(283)	(350)
Depreciation and amortization of furniture, equipment and software	4,795	3,273	2,874
Net changes in assets and liabilities which provide (use) cash:
Accrued interest receivable	(6,070)	(6,405)	(4,100)
Other assets	(54,712)	(17,948)	(1,224)
Accrued interest payable	401	(84)	(324)
Accounts payable and accrued liabilities	5,903	10,453	5,917
Net cash provided by (used in) operating activities	210,644	116,102	21,319
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of investment securities	(161,395)	(10,464)	(83,033)
Proceeds from sales of available-for-sale mortgage-backed securities	14,969	9,539	0
Proceeds from repayment of securities	80,009	80,546	88,086
Purchase of stock of the Federal Home Loan Bank	(136,952)	(60,870)	(34,221)
Proceeds from redemption of stock of Federal Home Loan Bank	146,099	37,370	19,201
Origination of loans held for investment	(3,582,766)	(3,242,828)	(2,297,976)
Origination of mortgage warehouse loans, net	(51,145)	(29,083)	0
Proceeds from sales of other real estate owned and repossessed assets	1,478	1,518	2,724
Purchases of loans and leases, net of discounts and premiums	(140,493)	(2,452)	(95)
Principal repayments on loans and leases	2,253,017	1,847,665	990,305
Purchases of furniture, equipment and software	(10,239)	(5,117)	(3,163)
Net cash used in investing activities	(1,587,418)	(1,374,176)	(1,318,172)
CASH FLOWS FROM FINANCING ACTIVITIES:
Net increase in deposits	1,592,134	1,410,381	949,537
Proceeds from the Federal Home Loan Bank advances	920,000	734,000	950,000
Repayment of the Federal Home Loan Bank advances	(946,000)	(891,000)	(630,417)
Repayments of other borrowings and securities sold under agreements to repurchase	0	(10,000)	(65,000)
Proceeds from exercise of common stock options	151	781	500
Proceeds from issuance of common stock	21,120	75,985	41,576
Tax effect from exercise of common stock options and vesting of restricted stock grants	2,531	5,526	4,856
Cash dividends on preferred stock	(309)	(309)	(309)
Proceeds from issuance of subordinated notes	51,000	0	0
Net cash provided by (used in) financing activities	1,640,627	1,325,364	1,250,743
NET CHANGE IN CASH AND CASH EQUIVALENTS	263,853	67,290	(46,110)
CASH AND CASH EQUIVALENTS—Beginning of year	222,874	155,584	201,694
CASH AND CASH EQUIVALENTS—End of year	486,727	222,874	155,584
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Interest paid on deposits and borrowed funds	56,296	45,503	36,104
Income taxes paid	89,184	68,481	37,339
Transfers to other real estate and repossessed vehicles	571	2,484	1,206
Transfers from loans and leases held for investment to loans held for sale	72,920	30,000	39,799
Transfers from loans held for sale to loans and leases held for investment	$ 21,488	$ 7,237	$ 1,471

ORGANIZATIONS AND SUMMARY OF SI

ORGANIZATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Jun. 30, 2016
Accounting Policies [Abstract]
ORGANIZATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	ORGANIZATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation and Consolidation . The consolidated financial statements include the accounts of BofI Holding, Inc. and its wholly owned subsidiary, BofI Federal Bank (collectively, the “Company”). All significant intercompany balances have been eliminated in consolidation. Certain reclassifications were made to previously reported amounts in the unaudited condensed consolidated financial statements and notes thereto to make them consistent with the current period presentation. BofI Holding, Inc. was incorporated in the State of Delaware on July 6, 1999 for the purpose of organizing and launching an Internet-based savings bank. BofI Federal Bank (the “Bank”), which opened for business over the Internet on July 4, 2000, is subject to regulation and examination by the Office of the Comptroller of the Currency (“OCC”), its primary regulator. The Federal Deposit Insurance Corporation (“FDIC”) insures the Bank’s deposit accounts up to the maximum allowable amount. 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. Use of Estimates . In preparing consolidated financial statements in conformity with accounting principles generally accepted in the United States of America, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the balance sheet and reported amounts of revenues and expenses during the reporting period. Actual results may differ from those estimates. Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the allowance for loan losses, the assessment for other-than-temporary impairment on investment securities and the fair value of certain financial instruments. Business . The Bank provides consumer and business banking products through the branchless distribution channels and affinity partners. The Bank’s deposit products are demand accounts, savings accounts and time deposits marketed to consumers and businesses located in all 50 states. The Bank’s primary lending products are residential single family and multifamily mortgage loans. The Bank’s business is primarily concentrated in the state of California and is subject to the general economic conditions of that state. Cash and cash equivalents. The Bank’s cash, due from banks, money market mutual funds and federal funds sold, all of which have original maturities within 90 days , consist of cash and cash equivalents. Net cash flows are reported for customer deposit transactions. Restrictions on Cash . Federal Reserve Board regulations require depository institutions to maintain certain minimum reserve balances. Included in cash were balances required by the Federal Reserve Bank of San Francisco of $35,159 and $6,880 at June 30, 2016 and 2015 , respectively. Interest Rate Risk . The Bank’s assets and liabilities are generally monetary in nature and interest rate changes have an effect on the Bank’s performance. The Bank decreases the effect of interest rate changes on its performance by striving to match maturities and interest sensitivity between loans and deposits. A significant change in interest rates could have a material effect on the Bank’s results of operations. Concentration of Credit Risk. The Bank’s loan portfolio was collateralized by various forms of real estate with approximately 68.0% of the mortgage portfolio located in California at June 30, 2016 . The Bank’s loan portfolio contains concentrations of credit in multifamily, single family, commercial, and home equity loans. The Bank believes its underwriting standards combined with its low LTV requirements substantially mitigate the risk of loss which may result from these concentrations. 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 amortized 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 it or 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 status. 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 or other gains on sale, based on the difference between sales proceeds and carrying value. Non-agency loans held for sale as of June 30, 2016 were 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 using pools of loans with similar characteristics. There may be times when loans have been classified as held for sale and 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. The allowance is decreased by the amount of charge-offs of loans deemed uncollectible. Allocations of the allowance may be made for specific loans and leases but the entire allowance is available for any loan or lease that, in management’s judgment, should be charged off. The allowance for loan and lease loss includes specific and general reserves. Specific reserves may be provided for impaired loans considered Troubled Debt Restructurings (“TDRs”). All other impaired loans and leases are written down through charge-offs to the fair value of collateral, less estimated selling cost, and no specific or general reserve is provided. A loan or lease is impaired when, based on current information and events, it is probable that the Company will be unable to collect all amounts due according to the contractual terms of the loan or lease agreement. Loans for which terms have been modified resulting in a concession and for which the borrower is experiencing financial difficulties are considered TDRs and classified as impaired. A loan is measured for impairment generally two different ways. If the loan or lease is primarily dependent upon the borrower to make payments, then impairment is calculated by comparing the present value of the expected future payments discounted at the effective loan rate to the carrying value of the loan. If the loan or lease is collateral dependent, the net proceeds from the sale of the collateral is compared to the carrying value of the loan. If the calculated amount is less than the carrying value of the loan or lease, the loan or lease has impairment. A general reserve is included in the allowance for loan and lease loss and is determined by adding the results of a quantitative and a qualitative analysis to all other loans and leases not measured for impairment at the reporting date. The quantitative analysis determines the Bank’s actual annual historic charge-off rates for the previous three fiscal years and applies the average historic rates to the outstanding loan and lease balances in each pool, the product of which is the general reserve amount. The qualitative analysis considers one or more of the following factors: changes in lending policies and procedures, changes in economic conditions, changes in the content of the portfolio, changes in lending management, changes in the volume of delinquency rates, changes to the scope of the loan and lease review system, changes in the underlying collateral of the loans and leases, changes in credit concentrations and any changes in the requirements to the credit loss calculations. A loss rate is estimated and applied to those loans and leases affected by the qualitative factors. The following portfolio segments have been identified: single family secured mortgage, home equity secured mortgage, single family warehouse and other, multi-family secured mortgage, commercial real estate and land secured mortgage, auto secured and recreational vehicles, factoring, commercial and industrial (“C&I”) and consumer and other. General loan and lease loss reserves are calculated by grouping each mortgage loan or lease by collateral type and by grouping the LTV ratios of each loan within the collateral type. An estimated allowance rate for each LTV group within each type of loan and lease is multiplied by the total principal amount in the group to calculate the required general reserve attributable to that group. Management uses an allowance rate that provides a larger loss allowance for loans with greater LTV ratios. General loan loss reserves for C&I loans are determined through a loan level grading system to base its projected loss rates. A matrix was created with a base loss rate with additional potential industry and volume risk adjustments, to calculate a loss rating for each deal. Given the lack of historical loss experience for this segment at the Company, an allowance loss range is based upon historical peer loss rates. General loan loss reserves for consumer loans are calculated by grouping each loan by credit score (e.g. FICO) at origination and applying an estimated allowance rate to each group. In addition to credit score grading, general loan loss reserves are increased for all consumer loans determined to be 90 days or more past due. Specific reserves or direct charge-offs are calculated when an internal asset review of a loan or lease identifies a significant adverse change in the financial position of the borrower or the value of the collateral. The specific reserve or direct charge-off is based on discounted cash flows, observable market prices or the estimated value of underlying collateral. Specific loan charge-offs on impaired loans are recorded as a write-off and a decrease to the allowance in the period the impairment is identified. A loan is classified as a TDR when management determines that an existing borrower is in financial distress and the borrower’s loan terms are modified to provide the borrower a financial concession (e.g. lower payment) that would not otherwise be provided by another lender based upon borrower’s current financial condition. TDRs are separately identified for impairment disclosures and are measured at the present value of estimated future cash flows using the loan’s effective rate at inception. If a TDR is considered to be a collateral dependent loan, the loan is reported, net, at the fair value of the collateral less cost to sell. For TDRs that subsequently default, the Company determines the amount of reserve in accordance with the accounting policy for the allowance for loan and lease losses. If the present value of estimated cash flows under the modified terms of a TDR discounted at the original loan effective rate is less than the book value of the loan before the TDR, the excess is specifically allocated to the loan in the allowance for loan losses. Mortgage Servicing Rights. Mortgage servicing rights are recorded as separate assets on our consolidated balance sheets when the Company retains the right to service loans that we have sold. Mortgage Banking Derivatives. Commitments to fund mortgage loans (interest rate locks) to be sold into the secondary market and forward commitments for the future delivery of these mortgage loans are accounted for as free standing derivatives. Fair values of these mortgage derivatives are estimated based on changes in mortgage interest rates from the date the interest on the loan is locked. The Company enters into forward commitments for the future delivery of mortgage loans when interest rate locks are entered into, in order to hedge the change in interest rates resulting from its commitments to fund the loans. Changes in the fair values of these derivatives are included in mortgage banking income. Furniture, Equipment and Software . Fixed asset purchases in excess of five hundred dollars are capitalized and recorded at cost. Depreciation is computed using the straight-line method over the estimated useful lives of the assets, which are three to seven years. Leasehold improvements are amortized over the lesser of the assets’ useful lives or the lease term. Income Taxes . Income tax expense is the total of the current year income tax due or refundable and the change in deferred tax assets and liabilities. Deferred income tax assets and liabilities are determined using the liability (or balance sheet) method. Under this method, the net deferred tax asset or liability is determined based on the tax effects of the temporary differences between the book and tax bases of the various balance sheet assets and liabilities and gives current recognition to changes in tax rates and laws. The Company records a valuation allowance when management believes it is more likely than not that deferred tax assets will not be realized. An income tax position will be recognized as a benefit only if it is more likely than not that it will be sustained upon IRS examination, based upon its technical merits. Once that status is met, the amount recorded will be the largest amount of benefit that is greater than 50 percent likely of being realized upon ultimate settlement. The Company recognizes interest and/or penalties related to income tax matters in the income tax expense. Earnings per Share . Earnings per share (“EPS”) are presented under two formats: basic EPS and diluted EPS. Basic EPS is computed by dividing the net income attributable to common stock (net income after deducting dividends on preferred stock) by the sum of the weighted-average number of common shares outstanding during the year and the unvested average of restricted stock unit shares. Diluted EPS is computed by dividing the sum of net income attributable to common stock and dividends on diluted preferred stock by the sum of the weighted-average number of common shares outstanding during the year and the impact of dilutive potential common shares, such as stock options and convertible preferred stock. Stock-Based Compensation . Compensation cost is recognized for stock options and restricted stock awards issued to employees, based on the fair value of these awards at the date of grant. A Black-Scholes model is utilized to estimate fair value of the stock options, while market price of the Company’s common stock at the date of grant is used for restricted stock awards. Compensation cost is recognized over the required service period, generally defined as the vesting period. For awards with graded vesting, compensation cost is recognized on a straight-line basis over the requisite service period for the entire award. Federal Home Loan Bank (“FHLB”) stock . The Bank is a member of the FHLB system. Members are required to own a certain amount of FHLB stock based on the level of borrowings and other factors, and may invest in additional amounts. FHLB stock is carried at cost, classified as a restricted security, and periodically evaluated for impairment based on ultimate recovery of par value. Cash Surrender Value of Life Insurance . The Bank has purchased life insurance policies on certain key executives. Bank owned life insurance is recorded at the amount that can be realized under the insurance contract at the balance sheet date, which is the cash surrender value adjusted for other amounts due that are probable at settlement. Loan Commitments and Related Financial Instruments . Financial instruments include off-balance sheet credit instruments, such as commitments to make loans and commercial letters of credit, issued to meet customer financing needs. The face amount for these items represents the exposure to loss, before considering customer collateral or ability to repay. Such financial instruments are recorded when they are funded. Comprehensive Income . Comprehensive income consists of net income and other comprehensive income. Other comprehensive income includes unrealized gains and losses on securities available-for-sale, which are also recognized as separate components of equity. Loss Contingencies . Loss contingencies, including claims and legal actions arising in the ordinary course of business, are recorded as liabilities when the likelihood of loss is probable and an amount or range of loss can be reasonably estimated. Management does not believe there are now such matters that will have a material effect on the financial statements. Dividend Restriction . Banking regulations require maintaining certain capital levels and may limit the dividends paid by the Bank to the holding company. As of June 30, 2016 , there a no dividend restrictions on the Bank nor the Company. Fair Value of Financial Instruments . Fair values of financial instruments are estimated using relevant market information and other assumptions, as more fully disclosed in Note 2. Fair value estimates involve uncertainties and matters of significant judgment regarding interest rates, credit risk, prepayments, and other factors, especially in the absence of broad markets for particular items. Changes in assumptions or in market conditions could significantly affect the estimates. Operating Segments . While the chief decision-makers monitor the revenue streams of the various products and services, operations are managed and financial performance is evaluated on a Company-wide basis. Accordingly, all of the financial service operations are considered by management to be one reportable operating segment. 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 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 31st 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 Company’s quarterly reports on Form 10-Q in 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. 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 acquired assets and 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 the Company’s allowance for loans and leases. New Accounting Pronouncements. In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2014-09, Revenue from Contracts with Customers (Topic 606), which completes the joint effort by the FASB and the International Accounting Standards Board to improve financial reporting by creating common revenue recognition guidance for GAAP and the International Financial Reporting Standards. ASU 2014-09, which clarifies the principles for recognizing revenue from contracts with customers, does not apply to financial instruments. ASU 2015-14 provided an extension to the original effective date and the amendments are effective for annual and interim periods, beginning December 2017. The Company is currently evaluating the potential impact of ASU 2014-09, but does not expect it to have a material impact on the Company’s consolidated financial statements. In April 2015, the FASB issued ASU 2015-03, Interest – Imputation of Interest (Subtopic 835-30); Simplifying the Accounting for Measurement-Period Adjustments (“ASU 2015-03”) which was issued to simplify the presentation of Debt issuance costs. ASU 2015-03 guidance requires that debt issuance costs related to a recognized debt liability be presented on the statement of financial condition as a direct deduction from the carrying amount of that debt liability, consistent with the presentation of debt discounts. The amendments are effective for annual and interim periods, beginning after December 15, 2015, including interim periods within those fiscal years. The Company is currently evaluating the potential impact of ASU 2016-13, but does not expect it to have a material impact on the Company’s consolidated financial statements. In February 2016, the FASB issued ASU No. 2016-02 (“ASU 2016-02”), Leases. The new standard establishes a right-of-use model that requires a lessee to record a right of use asset and a lease liability on the balance sheet for all leases with terms longer than 12 months. Leases will be classified as either finance or operating, with classification affecting the pattern of expense recognition in the income statement. ASU 2016-02 is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. A modified retrospective transition approach is required for lessees for capital and operating leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements, with certain practical expedients available. The Company is currently evaluating the potential impact of ASU 2016-02. In June 2016, the FASB issued ASU 2016-13 Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments (“ASU 2016-13”), which (i) significantly changes the impairment model for most financial assets that are measured at amortized cost and certain other instruments from an incurred loss model to an expected loss model; and (ii) provides for recording credit losses on available-for-sale debt securities through an allowance account. ASU 2016-13 also requires certain incremental disclosures. ASU 2016-13 takes effect in 2020 for SEC filers and in 2021 for all other entities including public business entities other than SEC filers. The amendments are effective for annual and interim periods, beginning after December 15, 2018, including interim periods within those fiscal years. The Company is currently evaluating the potential impact of ASU 2016-13.

FAIR VALUE

FAIR VALUE	12 Months Ended
	Jun. 30, 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. ASC Topic 820 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 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 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 are 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. 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 over-collateralization. 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 and lease loss 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 June 30, 2016 , the Company’s forecast of cash flows for both securities includes actual and forecasted defaults and deferrals totaling 16.5% of all banks in the collateral pools, compared to 15.4% of the banks actually in default as of June 30, 2016 . The expected cash flows reflect the Company’s best estimate of all pool losses which are then applied to the over-collateralization 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 June 30, 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 factors, the timing of forecasted defaults and the discount rate applied to cash flows. The fair value of the trading securities at June 30, 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 $808 . 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 $934 . 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, RMBS issued by non-agencies, municipal securities as well as other debt securities. Held-to-maturity securities are recorded at amortized cost and consist of RMBS issued by U.S. agencies, RMBS issued by non-agencies, as well as municipal securities. Fair value for U.S. agency securities and municipal securities are 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. The Company inputs for each security a projection of monthly default rates, loss severity rates and voluntary prepayment rates for the underlying mortgages for the remaining life of the 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 or decreased by the forecasted increase or decrease 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 most updated unemployment rate reported in May 2016 was 4.7% . Consensus estimates for unemployment are that the rate will continue to decline. Going forward, the Company is projecting lower monthly default rates. The Company projects that severities will continue to improve. 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 June 30, 2016 are from 1.5% up to 17.8% 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 range of loss severity rates applied to each default used in the Company’s projections at June 30, 2016 are from 40.0% up to 68.8% 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. 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 June 30, 2016 , the Company computed its discount rates as a spread between 245 and 820 basis points over the LIBOR Index using the LIBOR forward 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. The Bank’s estimate of fair value for non-agency securities using Level 3 pricing is highly subjective and is based on the Bank’s estimate of voluntary prepayments, default rates, severities and discount margins, which are forecasted monthly over the remaining life of each security. Changes in one or more of these assumptions can cause a significant change in the estimated fair value. For further details see the table later in this note that summarizes quantitative information about level 3 fair value measurements. Loans Held for Sale. The fair value of mortgage loans held for sale is determined by pricing for comparable assets or by outstanding commitments from third party investors, resulting in a Level 2 classification. 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 or 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 . 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 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 securities based upon prices in active markets for identical securities or based on quoted market prices of similar assets used to form a dealer quote or a pricing matrix, resulting in a Level 2 classification, or derivatives requiring unobservable inputs resulting in Level 3 classification. 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. Assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement: June 30, 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 $ — $ — $ 7,584 $ 7,584 Securities—Available-for-Sale: Agency Debt — — — — Agency RMBS — 33,722 — 33,722 Non-Agency RMBS — — 9,364 9,364 Municipal — 34,719 — 34,719 Other Debt Securities — 187,642 — 187,642 Total—Securities—Available-for-Sale $ — $ 256,083 $ 9,364 $ 265,447 Loans Held for Sale $ — $ 20,871 $ — $ 20,871 Mortgage servicing rights $ — $ — $ 3,943 $ 3,943 Other assets—Derivative instruments $ — $ — $ 2,202 $ 2,202 LIABILITIES: Other liabilities—Derivative instruments $ — $ — $ 884 $ 884 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 Debt — — — — 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 table presents 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: Year Ended June 30, 2016 (Dollars in thousands) Securities- Securities- Mortgage Servicing Rights Derivative Instruments, net Total Assets: 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 — (1,174 ) — — (1,174 ) Included in earnings—Fair value gain(loss) on trading securities (248 ) — — — (248 ) Included in earnings—Mortgage banking income — — (889 ) (943 ) (1,832 ) Included in other comprehensive income — (2,380 ) — — (2,380 ) Purchases, issues, sales and settlements: — Purchases — — 2,734 — 2,734 Issues — — — — — Sales — (6,974 ) — — (6,974 ) Settlements — (6,313 ) — — (6,313 ) Other-than-temporary impairment — (428 ) — — (428 ) Closing balance $ 7,584 $ 9,364 $ 3,943 $ 1,318 $ 22,209 Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period $ (248 ) $ (1,174 ) $ (889 ) $ (943 ) $ (3,254 ) Year Ended June 30, 2015 (Dollars in thousands) Securities- Securities- Mortgage Servicing Rights Derivative Instruments, net Total Assets: 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—Fair value gain(loss) on trading securities (234 ) — — — (234 ) Included in earnings—Mortgage banking income — — (265 ) 1,386 1,121 Included in other comprehensive income — (1,325 ) — — (1,325 ) Purchases, issues, sales and settlements: — Purchases — — 1,801 — 1,801 Issues — — — — — Sales — — — — — Settlements — (8,518 ) — — (8,518 ) Other-than-temporary impairment — (933 ) — — (933 ) Closing balance $ 7,832 $ 26,633 $ 2,098 $ 2,261 $ 38,824 Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period $ (234 ) $ (1,325 ) $ (265 ) $ 1,386 $ (438 ) The table below summarizes the quantitative information about Level 3 fair value measurements at the periods indicated: June 30, 2016 (Dollars in thousands) Fair Value Valuation Technique Unobservable Inputs Range (Weighted Average) Securities – Trading $ 7,584 Discounted Cash Flow Total Projected Defaults, Discount Rate over Treasury 11.7 to 21.0% (16.5%) 5.0 to 5.0% (5.0%) Securities – Non-agency MBS $ 9,364 Discounted Cash Flow Projected Constant Prepayment Rate, Projected Constant Default Rate, Projected Loss Severity, Discount Rate over LIBOR 9.1 to 20.6% (14.2%) 1.5 to 13.6% (6.1%) 40.0 to 68.8% (51.5%) 2.5 to 2.9% (2.8%) Mortgage Servicing Rights $ 3,943 Discounted Cash Flow Projected Constant Prepayment Rate, Life (in years), Discount Rate 7.8 to 21.8% (10.6%) 3.5 to 7.1 (6.2) 9.5 to 10.5% (9.5%) Derivative Instruments $ 1,318 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 Inputs Range (Weighted Average) Securities – Trading $ 7,832 Discounted Cash Flow Total Projected Defaults, Discount Rate over Treasury 18.8 to 29.8% (24.6%) 4.8 to 4.8% (4.8%) Securities – Non-agency MBS $ 26,633 Discounted Cash Flow Projected Constant Prepayment Rate, 6.3 to 29.5% (13.0%) 1.5 to 19.6% (5.6%) 37.6 to 66.5% (51.1%) 2.4 to 3.0% (2.9%) 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) 9.5 to 10.5% (9.7%) Derivative Instruments $ 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 projected prepayment rates, probability of default, and projected 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 projected loss severity and a directionally opposite change in the assumption used for projected 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: Year Ended June 30, (Dollars in thousands) 2016 2015 2014 Interest income on investments $ 245 $ 223 $ 230 Fair value adjustment (248 ) (234 ) 955 Total $ (3 ) $ (11 ) $ 1,185 The table below summarizes the fair value of assets measured for impairment on a non-recurring basis: June 30, 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) Balance Impaired Loans: Single family real estate secured: Mortgage $ — $ — $ 28,610 $ 28,610 Home equity — — 33 33 Multifamily real estate secured — — 2,218 2,218 Commercial real estate secured — — 254 254 Auto and RV secured — — 278 278 Other — — 676 676 Total $ — $ — $ 32,069 $ 32,069 Other real estate owned and foreclosed assets: Multifamily real estate $ — $ — $ 207 $ 207 Autos and RVs — — 45 45 Total $ — $ — $ 252 $ 252 HTM Securities – Non-agency MBS $ — $ — $ 79,164 $ 79,164 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 $ — $ — $ 463 $ 463 Multifamily real estate — — 762 762 Autos and RVs — — 15 15 Total $ — $ — $ 1,240 $ 1,240 HTM Securities – Non-agency MBS $ — $ — $ 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 $32,069 at June 30, 2016 and life to date charge-offs of $4,990 . Impaired loans had a related allowance of $692 at June 30, 2016 . At June 30, 2015 , such impaired loans had a carrying amount of $31,048 and life to date charge-offs of $6,010 , and a related allowance of $273 . 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 $252 after charge-offs of $116 at June 30, 2016 . Our other real estate owned and foreclosed assets had a net carrying amount was $1,240 after charge-offs of $0 during the year ended June 30, 2015 . Held-to-maturity securities measured for impairment on a non-recurring basis have a carrying amount of $77,122 at June 30, 2016 , after charges to income of $137 and other comprehensive income of $4,467 during the fiscal year ended June 30, 2016 . At June 30, 2015 held-to-maturity securities measured for impairment on a non-recurring basis had a carrying amount of $85,579 after charges to income of $1,432 and charges to other comprehensive income of $2,836 during the fiscal year ended June 30, 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 and in accordance with the Company’s policy on loans held for investment. None of these loans are 90 days or more past due nor on non-accrual as of June 30, 2016 and June 30, 2015 . The aggregate fair value, contractual balance (including accrued interest), and gain was as follows At June 30, (Dollars in thousands) 2016 2015 2014 Aggregate fair value $ 20,871 $ 25,430 $ 20,575 Contractual balance 20,226 24,886 20,138 Gain $ 645 $ 544 $ 437 The total amount of gains and losses from changes in fair value included in earnings for the period indicated below for loans held for sale were: At June 30, (Dollars in thousands) 2016 2015 2014 Interest income $ 826 $ 671 $ 545 Change in fair value (846 ) 1,505 (1,526 ) Total change in fair value $ (20 ) $ 2,176 $ (981 ) 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: June 30, 2016 (Dollars in thousands) Fair Value Valuation Technique Unobservable Input Range (Weighted Average) 1 Impaired Loans: Single family real estate secured: Mortgage $ 28,610 Sales comparison approach Adjustment for differences between the comparable sales -40.6 to 69.5% (6.2%) Home equity $ 33 Sales comparison approach Adjustment for differences between the comparable sales -27.2 to 0.0% (-11.1%) Multifamily real estate secured $ 2,218 Sales comparison approach and income approach Adjustment for differences between the comparable sales and adjustments for differences in net operating income expectations, capitalization rate -29.7 to 58.0% (3.0%) Commercial real estate secured $ 254 Sales comparison approach and income approach Adjustment for differences between the comparable sales and adjustments for differences in net operating income expectations, capitalization rate 0.0 to 66.7% (33.3%) Auto and RV secured $ 278 Sales comparison approach Adjustment for differences between the comparable sales 0.0 to 22.8% (10.6%) Other $ 676 Discounted cash flow Projected Constant Prepayment Rate, Projected Constant Default Rate, Projected Loss Severity, Discount Rate 0.0 to 0.0% (0.0%) 0.0 to 10.0% (5.0%) 100.0 to 100.0% (100.0%) 6.6 to 8.0% (7.3%) Other real estate owned and foreclosed assets: Multifamily real estate $ 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 0.0 to 25.0% (12.5%) Autos and RVs $ 45 Sales comparison approach Adjustment for differences between the comparable sales 0.0 to 20.6% (10.2%) HTM Securities – Non-agency MBS $ 79,164 Discounted cash flow Projected Constant Prepayment Rate, Projected Constant Default Rate, Projected Loss Severity, Discount Rate over LIBOR 2.6 to 48.8% (12.0%) 1.5 to 17.8% (5.7%) 40.0 to 65.9% (56.5%) 2.9 to 8.2% (5.7%) _____________________ 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. June 30, 2015 (Dollars in thousands) Fair Value Valuation Technique 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, capitalization rate -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, capitalization rate -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 and foreclosed assets: Single family real estate $ 463 Sales comparison approach Adjustment for differences between the comparable sales -20.3 to 12.1% (-4.1%) Multifamily real estate $ 762 Sales comparison approach and income approach Adjustment for differences between the comparable sales and adjustments for differences in net operating income expectations, capitalization rate -37.1 to 48.6% (5.7%) Autos and RVs $ 15 Sales comparison approach Adjustment for differences between the comparable sales 0.0 to 20.7% (10.3%) HTM Securities – Non-agency MBS $ 88,094 Discounted cash flow Projected Constant Prepayment Rate, 5.0 to 43.8% (10.5%) _____________________ 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. FAIR VALUE OF FINANCIAL INSTRUMENTS The carrying amount and estimated fair values of financial instruments at year-end were as follows: June 30, 2016 (Dollars in thousands) Carrying Level 1 Level 2 Level 3 Total Fair Value Financial assets: Cash and cash equivalents $ 486,727 $ 486,727 $ — $ — $ 486,727 Securities trading 7,584 — — 7,584 7,584 Securities available-for-sale 265,447 — 256,083 9,364 265,447 Securities held-to-maturity 199,174 — 77,415 125,262 202,677 Loans held for sale, at fair value 20,871 — 20,871 — 20,871 Loans held for sale, at lower of cost or fair value 33,530 — — 33,530 33,530 Loans and leases held for investment—net 6,354,679 — — 6,640,918 6,640,918 Accrued interest receivable

SECURITIES

SECURITIES	12 Months Ended
	Jun. 30, 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 for the following periods were: June 30, 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 $ — $ 33,256 $ 489 $ (23 ) $ 33,722 $ 35,067 $ 843 $ (1 ) $ 35,909 Non-agency 2 — 9,043 321 — 9,364 128,211 7,095 (10,044 ) 125,262 Total mortgage-backed securities — 42,299 810 (23 ) 43,086 163,278 7,938 (10,045 ) 161,171 Other debt securities: U.S. agencies 1 — — — — — — — — — Municipal — 34,543 185 (10 ) 34,718 35,896 5,610 — 41,506 Non-agency 7,584 186,316 1,501 (174 ) 187,643 — — — — Total other debt securities 7,584 220,859 1,686 (184 ) 222,361 35,896 5,610 — 41,506 Total debt securities $ 7,584 $ 263,158 $ 2,496 $ (207 ) $ 265,447 $ 199,174 $ 13,548 $ (10,045 ) $ 202,677 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: U.S. agencies 1 — — — — — — — — — Municipal — 21,731 390 (86 ) 22,035 35,976 4,074 — 40,050 Non-agency 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. The Company’s non-agency RMBS available-for-sale portfolio with a total fair value of $9,364 at June 30, 2016 consists of fifteen different issues of super senior securities with a fair value of $9,352 and two mezzanine z-tranche securities, negative-amortizing support tranches, with a fair value of $12 collateralized by seasoned prime and Alt-A first-lien mortgages. The Company acquired its mezzanine z-tranche securities in fiscal 2010 and accounts for them by measuring the excess of cash flows expected at acquisition over the purchase price (accretable yield) and recognizes interest income over the remaining life of the security. The non-agency RMBS held-to-maturity portfolio with a carrying value of $128,211 at June 30, 2016 consists of seventy-five different issues of super senior securities totaling $125,985 and one senior-support security with a carrying value of $2,226 . 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, Accounting for Certain Loans or Debt Securities Acquired in a Transfer. 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. 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. The security realized an other-than temporary loss of zero in fiscal 2016 and zero in 2015 . At June 30, 2016 , the security had a remaining contractual par value of zero and amortizable and non-amortizable premium are currently projected to be zero 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 June 30, 2016 and 2015 were $39,961 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: June 30, 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 $ — $ — $ 5,094 $ (23 ) $ 5,094 $ (23 ) $ 129 $ (1 ) $ — $ — $ 129 $ (1 ) Non-agency — — — — — — 15,011 (419 ) 53,372 (9,625 ) 68,383 (10,044 ) Total RMBS securities — — 5,094 (23 ) 5,094 (23 ) 15,140 (420 ) 53,372 (9,625 ) 68,512 (10,045 ) Other debt: U.S. agencies — — — — — — — — — — — — Municipal debt 10,267 (10 ) — — 10,267 (10 ) — — — — — — Non-agency 5,566 (5 ) 16,963 (169 ) 22,529 (174 ) — — — — — — Total other debt 15,833 (15 ) 16,963 (169 ) 32,796 (184 ) — — — — — — Total debt securities $ 15,833 $ (15 ) $ 22,057 $ (192 ) $ 37,890 $ (207 ) $ 15,140 $ (420 ) $ 53,372 $ (9,625 ) $ 68,512 $ (10,045 ) 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 twenty-six securities that were in a continuous loss position at June 30, 2016 for a period of more than 12 months. There were thirty-two 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 anticipated credit loss recognized in the income statement through other-than-temporary impairment charges, which reduced non-interest income: At June 30, (Dollars in thousands) 2016 2015 2014 Beginning balance $ (20,503 ) $ (18,138 ) $ (15,336 ) Additions for the amounts related to the credit loss for which an other-than-temporary impairment was not previously recognized (112 ) (742 ) (206 ) Increases to the amount related to the credit loss for which other-than-temporary impairment was previously recognized (453 ) (1,623 ) (2,596 ) Credit losses realized for securities sold 203 — Ending balance $ (20,865 ) $ (20,503 ) $ (18,138 ) At June 30, 2016 , fifty-one non-agency RMBS with a total carrying amount of $85,632 were determined to have cumulative credit losses of $20,865 . Of this amount $2,802 was recognized in earnings during fiscal 2014 , $2,365 was recognized in earnings during fiscal 2015 and $565 was recognized in earnings during fiscal 2016 . This year’s other-than-temporary impairment of $565 is related to ten non-agency RMBS with a total carrying amount of $7,832 . The Company measures its non-agency RMBS in an unrealized 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 other-than-temporary impairment of its debt securities. The excess of present value over the fair value of the security, if any, is the noncredit component of the other-than-temporary impairment. 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 other-than-temporary impairment is recorded as a loss in earnings and the noncredit component of other-than-temporary impairment is recorded in comprehensive income, net of the related income tax benefit. If the Company does not intend to hold the security, or will be required to sell the security prior to a recovery of the amortized cost basis of the security, the credit component and noncredit component of the other-than-temporary impairment is recorded as a loss in earnings. To determine the cash flows 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 2 – 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. During the current fiscal year ended June 30, 2016 , the company sold eight available-for-sale securities with a carrying value of $13,542 resulting in a $1,427 gain. The gross gains and losses realized through earnings upon the sale of available-for-sale securities were as follows: At June 30, (Dollars in thousands) 2016 2015 2014 Proceeds $ 14,969 $ 9,614 $ 3,723 Gross realized gains $ 1,427 $ 587 $ — Net gain on securities $ 1,427 $ 587 $ — The Company records unrealized gains and unrealized losses in accumulated other comprehensive loss as follows: At June 30, (Dollars in thousands) 2016 2015 Available-for-sale debt securities—net unrealized gains $ 2,288 $ 3,877 Available-for-sale debt securities—non-credit related (138 ) (271 ) Held-to-maturity debt securities—non-credit related (14,129 ) (18,597 ) Subtotal (11,979 ) (14,991 ) Tax benefit 4,675 5,592 Net unrealized loss on investment securities in accumulated other comprehensive loss $ (7,304 ) $ (9,399 ) The expected maturity distribution of the Company’s mortgage-backed securities and the contractual maturity distribution of the Company’s other debt securities classified as available-for-sale and held-to-maturity were: June 30, 2016 Available-for-sale Held-to-maturity Trading (Dollars in thousands) Amortized Cost Fair Value Carrying Amount Fair Value Fair Value RMBS—U.S. agencies 1 : Due within one year $ 3,206 $ 3,239 $ 1,168 $ 1,226 $ — Due one to five years 10,115 10,234 4,532 4,751 — Due five to ten years 8,233 8,350 5,201 5,439 — Due after ten years 11,702 11,899 24,166 24,493 — Total RMBS—U.S. agencies 1 33,256 33,722 35,067 35,909 — RMBS—Non-agency: Due within one year 2,917 3,018 15,953 15,778 — Due one to five years 4,677 4,852 46,229 45,859 — Due five to ten years 1,136 1,165 36,350 35,503 — Due after ten years 313 329 29,679 28,122 — Total RMBS—Non-agency 9,043 9,364 128,211 125,262 — Other debt: Due within one year 101,272 101,653 1,060 1,221 — Due one to five years 111,227 112,240 4,922 5,668 — Due five to ten years 4,457 4,526 7,725 8,900 — Due after ten years 3,903 3,942 22,189 25,717 7,584 Total other debt 220,859 222,361 35,896 41,506 7,584 Total $ 263,158 $ 265,447 $ 199,174 $ 202,677 $ 7,584 1 Residential mortgage-backed security (RMBS) distributions include impact of expected prepayments and other timing factors.

LOANS, LEASES & ALLOWANCE FOR L

LOANS, LEASES & ALLOWANCE FOR LOAN AND LEASE LOSSES	12 Months Ended
	Jun. 30, 2016
Receivables [Abstract]
LOANS, LEASES & ALLOWANCE FOR LOAN AND LEASE LOSSES	LOANS, LEASES & ALLOWANCE FOR LOAN AND LEASE LOSSES For the Company’s single family, commercial and multifamily loans, the allowance methodology takes into consideration the risk that the original borrower information may have adversely changed in two ways. First, in calculating the quantitative factor for the Company’s general loan and lease loss allowance, the actual loss experience is tracked and stratified by original LTV and year of origination. As a result, the Company uses relatively higher loss rates across the LTV bands for loans originated and purchased in years 2005 through 2008 compared to the same LTV ranges for loans originated before 2005 or after 2008. Second, the Company uses a number of qualitative factors to reflect additional risk. One qualitative loss factor is real estate valuation risk which is applied to each LTV band primarily based upon the year the real estate loan was originated or purchased. Based upon price appreciation indices, multifamily property values in years 2005 through 2008 experienced significant declines. As a result, the Company applies a relatively higher qualitative loss factor rate across the LTV bands for loans originated and purchased in years 2005 through 2008 compared to the same LTV ranges for loans originated or purchased before 2005 or after 2008. For the Company’s home equity loans, the allowance methodology takes into consideration the risk that the original borrower information may have adversely changed in two ways. First, in calculating the quantitative factor for the Company’s general loan loss allowance, the actual loss experience is tracked and stratified by original combined LTV (“CLTV”) of the first and second liens. As a result, the Company allocates higher loss rates in proportion to the greater the CLTV. Second, the Company uses a number of qualitative factors to reflect additional risk. The Company does not have any individual purchased home equity loans in its portfolio and given the limited time frame under which the Company originated home equity loans, 2006-2009, no additional risk allocation is used. For the Company’s single family – warehouse lines, the allowance methodology takes into consideration the structure of these loans, as they remain in the portfolio for a short period (usually less than a month) and have higher credit protection allocated compared to traditional single family originations. A matrix was created to reflect most current operating levels of capital and line usage, which calculates a loss rating to assign to each originator. For the Company’s factoring loans, the allowance methodology takes into consideration the credit quality of the insurance company or state securing the loan. The Company obtains credit ratings for these entities through agencies such as AM Best and allocates an allowance allocation based on these ratings. For the Company’s C&I leveraged loans and bridge loans, the allowance methodology incorporates a loan level grading system and risk adjusters. Industry loss rates are applied to determine the loss allowance for each of these loans based upon their internal grading. The loss rate is then subject to risk adjustments increasing or decreasing the base loss rate depending upon the health of the borrower’s industry, the size of the company, or in the case of bridge loans, based upon the income generated by the property and the strength of the guarantor. For the Company’s automobile (“auto”) and recreational vehicle (“RV”) loan portfolio, the allowance methodology takes into consideration potential adverse changes to the borrower’s financial condition since time of origination. The general loan loss reserves for auto and RV are stratified based upon borrower FICO scores. First, to account for potential deterioration of borrower’s credit history since time of origination, due to downturn in the economy or other factors, the Company refreshes the FICO scores used to drive the allowance on a semi-annual basis. The Company believes that current borrower credit history is a better predictor of potential loss than that was used at time of origination. Second, the Company uses a number of qualitative factors to reflect additional risk. The following table sets forth the composition of the loan and lease portfolio as of the dates indicated: At June 30, (Dollars in thousands) 2016 2015 Single family real estate secured: Mortgage $ 3,678,520 $ 2,980,795 Home equity 2,470 3,604 Warehouse and other 1 537,714 385,413 Multifamily real estate secured 1,373,216 1,185,531 Commercial real estate secured 121,746 61,403 Auto and RV secured 73,676 13,140 Factoring 98,275 122,200 Commercial & Industrial 514,300 248,584 Consumer and other 2,542 601 Total gross loans and leases 6,402,459 5,001,271 Allowance for loan and lease losses (35,826 ) (28,327 ) Unaccreted discounts and loan and lease fees (11,954 ) (44,326 ) Total net loans and leases $ 6,354,679 $ 4,928,618 _______________________________________ 1. The balance of single family warehouse loans was $173,148 at June 30, 2016 and $122,003 at June 30, 2015 . The remainder of the balance was attributable to single family lender finance loans. The following table summarizes activity in the allowance for loan and lease losses for the periods indicated: At June 30, (Dollars in thousands) 2016 2015 2014 Balance—beginning of period $ 28,327 $ 18,373 $ 14,182 Provision for loan and lease loss 9,700 11,200 5,350 Charged off (808 ) (1,561 ) (1,591 ) Transfers to held for sale (2,727 ) — — Recoveries 1,334 315 432 Balance—end of period $ 35,826 $ 28,327 $ 18,373 The following table summarizes the composition of the impaired loans and leases: At June 30, (Dollars in thousands) 2016 2015 2014 Non-performing loans and leases—90+ days past due plus other non-accrual loans and leases $ 28,790 $ 25,873 $ 16,390 Troubled debt restructured loans—non-accrual 3,069 4,958 3,995 Troubled debt restructured loans—performing 210 217 2,379 Total impaired loans and leases $ 32,069 $ 31,048 $ 22,764 At June 30, 2016 , the carrying value of impaired loans and leases is net of write offs of $3,401 . At June 30, 2016 , $32,069 of impaired loans and leases had no specific allowance allocations. The average carrying value of impaired loans and leases was $28,913 and $29,967 for the fiscal years ended June 30, 2016 and 2015 , respectively. The interest income recognized during the periods of impairment is insignificant for those loans and leases impaired at June 30, 2016 or 2015 . At June 30, 2016 and 2015 , there were no loans or leases still accruing past due 90 days or more, unless the Company received principal and interest from the servicer despite the borrower’s delinquency. The Company considers the servicer’s recovery of such advances in evaluating whether such loans should continue to accrue. A loan or lease is considered impaired when, based on current information and events, it is probable that we will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan or lease agreement. Factors that we consider in determining impairment include payment status, collateral value and the probability of collecting scheduled principal and interest payments when due. Loans or leases that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. Impairment is measured on a loan-by-loan basis by either the present value of expected future cash flows discounted at the loan or lease’s effective interest rate or the fair value of the collateral if repayment of the loan or lease is expected from the sale of collateral. The Company has allocated $1 and $2 of the allowance to customers whose loans have been restructured and were determined to be TDRs as of June 30, 2016 and 2015 , respectively. The Company does not have any commitments to fund TDR loans at June 30, 2016 . At June 30, 2016 and 2015 , approximately 67.97% and 66.36% , respectively, of the Company’s real estate loans are collateralized by real property located in California and therefore exposed to economic conditions within this market region. In the ordinary course of business, the Company has granted related party loans collateralized by real property to principal officers, directors and their affiliates. There were no new related party loans granted during the fiscal year ended June 30, 2016 . During the fiscal year 2015 , the Company originated no new related party loans and did not execute any interest rate modifications of existing loans. Total principal payments on related party loans were $334 and $325 during the years ended June 30, 2016 and 2015 , respectively. At June 30, 2016 and 2015 , these loans amounted to $10,209 and $10,543 , respectively, and are included in loans held for investment. Interest earned on these loans was $102 and $111 during the years ended June 30, 2016 and 2015 , respectively. The Company’s loan and lease portfolio consists of approximately 13.29% fixed interest rate loans and 86.71% adjustable interest rate loans as of June 30, 2016 . The Company’s adjustable rate loans are generally based upon indices using U.S. Treasuries, London Interbank Offered Rate (“LIBOR”), and 11th District cost of funds. At June 30, 2016 and 2015 , purchased loans serviced by others were $105,376 or 1.65% and $132,976 or 2.66% respectively, of the loan portfolio. Allowance for Loan and Lease Losses . We are committed to maintaining the allowance for loan and lease losses 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 June 30, 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 Credit 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, changes in the volume and mix of loans, collateral values and charge-off history. The allowance for loan loss for the auto and RV loan portfolio at June 30, 2016 was determined by classifying each outstanding loan according to the original FICO score and providing loss rates. The Company had $73,398 of auto and RV loan balances subject to general reserves as follows: FICO score greater than or equal to 770: $26,367 ; 715 – 769: $26,731 ; 700 – 714: $8,404 ; 660 – 699: $9,887 and less than 660: $2,009 . The Company provides general loan loss reserves for mortgage loans based upon the size and class of the mortgage loan and the LTV at date of origination. The allowance for each class is determined by dividing the outstanding unpaid balance for each loan by the LTV and applying a loss rate. At June 30, 2016 , the LTV groupings for each significant mortgage class were as follows: The Company had $3,649,910 of single family mortgage portfolio loan balances subject to general reserves as follows: LTV less than or equal to 60%: $1,934,078 ; 61% – 70%: $1,364,246 ; 71% – 80%: $351,384 and greater than 80%: $202 . The Company had $1,370,998 of multifamily mortgage portfolio loan balances subject to general reserves as follows: LTV less than or equal to 55%: $626,504 ; 56% – 65%: $439,626 ; 66% – 75%: $290,844 ; 76% – 80%: $14,024 and greater than 80%: $0 . Based on historical performance, the Company divides the LTV analysis into two classes, separating purchased loans from the loans underwritten directly by the Company since multifamily loans originated by the Company experience lower estimated loss rates. The Company originates and purchases mortgage loans with terms that may include repayments that are less than the repayments for fully amortizing loans, including interest only loans, option adjustable-rate mortgages, and other loan types that permit payments that may be smaller than interest accruals. The Companies lending guidelines for interest only loans are adjusted for the increased credit risk associated with these loans by requiring borrowers with such loans to borrow at LTVs that are lower than standard amortizing ARM loans and by calculating debt to income ratios for qualifying borrowers based upon a fully amortizing payment, not the interest only payment. The Company’s Credit Committee monitors and performs reviews of interest only loans. Adverse trends reflected in the Company’s delinquency statistics, grading and classification of interest only loans would be reported to management and the Board of Directors. As of June 30, 2016 , the Company had $838.2 million of interest only loans and $3.0 million of option adjustable-rate mortgage loans. Through June 30, 2016 , the net amount of deferred interest on these loan types was not material to the financial position or operating results of the Company. The Company provides general loan loss reserves for its auto and RV loans based upon the borrower’s credit score at the time of origination and the Company’s loss experience to date. The Company obtains updated credit scores for its auto and RV borrowers approximately every six months . The updated credit score will result in a higher or lower general loan loss allowance depending on the change in borrowers’ FICO scores and the resulting shift in loan balances among the five FICO bands from which the Company measures and calculates its reserves. For the general loss reserve, the Company does not use individually updated credit scores or valuations for the real estate collateralizing its real estate loans, but does recalculate the LTV based upon principal payments made during each quarter. The Company had $121,492 of commercial real estate loan balances subject to general reserves as follows: LTV less than or equal to 50%: $47,699 ; 51% – 60%: $28,929 ; 61% – 70%: $40,593 ; 71% – 80%: $4,271 and greater than 80%: $0 . The Company’s commercial secured portfolio consists of business loans well-collateralized by residential real estate. The Company’s other portfolio consists of receivables factoring for businesses and consumers. The Company allocates its allowance for loan loss for these asset types based on qualitative factors which consider the value of the collateral and the financial position of the issuer of the receivables. The following tables summarize activity in the allowance for loan and lease losses by segment for the periods indicated: June 30, 2016 Single Family (Dollars in thousands) Mortgage Home Warehouse & Other Multi- Commercial Auto and RV secured Factoring Commercial & Industrial Consumer & Other 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 5,040 (134 ) 806 (311 ) (1,056 ) 854 (47 ) 1,748 2,800 9,700 Charge-offs (205 ) (3 ) — (114 ) (147 ) (339 ) — — — (808 ) Transfers to held for sale — — — — — — — — (2,727 ) (2,727 ) Recoveries 167 38 — — 982 147 — — — 1,334 Balance at June 30, 2016 $ 18,666 $ 23 $ 2,685 $ 3,938 $ 882 $ 1,615 $ 245 $ 7,630 $ 142 $ 35,826 June 30, 2015 Single Family (Dollars in thousands) Mortgage Home Warehouse & Other Multi- Commercial Auto and RV secured Factoring Commercial & Industrial Consumer & Other 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 6,305 (1 ) 620 922 224 288 13 2,834 (5 ) 11,200 Charge-offs (747 ) (43 ) — (344 ) (156 ) (271 ) — — — (1,561 ) Recoveries 147 32 — — — 124 — — 12 315 Balance at June 30, 2015 $ 13,664 $ 122 $ 1,879 $ 4,363 $ 1,103 $ 953 $ 292 $ 5,882 $ 69 $ 28,327 June 30, 2014 Single Family (Dollars in thousands) Mortgage Home Warehouse & Other Multi- Commercial Auto and RV secured Factoring Commercial & Industrial Consumer & Other Total Balance at July 1, 2013 $ 4,812 $ 183 $ 1,250 $ 3,186 $ 1,378 $ 1,536 $ 201 $ 1,623 $ 13 $ 14,182 Provision for loan and lease loss 3,214 3 9 708 12 (142 ) 78 1,425 43 5,350 Charge-offs (125 ) (98 ) — (359 ) (355 ) (620 ) — — (34 ) (1,591 ) Recoveries 58 46 — 250 — 38 — — 40 432 Balance at June 30, 2014 $ 7,959 $ 134 $ 1,259 $ 3,785 $ 1,035 $ 812 $ 279 $ 3,048 $ 62 $ 18,373 The following tables present our loans and leases evaluated individually for impairment by portfolio class for the periods indicated: June 30, 2016 (Dollars in thousands) Unpaid Principal Balance Adjustment Unpaid Book Balance Accrued Interest/Origination Fees Recorded Related With no related allowance recorded: Single family real estate secured: Mortgage In-house originated $ 8,989 $ 727 $ 8,262 $ 657 $ 8,919 $ — Purchased 5,852 2,132 3,720 110 3,830 — Multifamily real estate secured Purchased 2,520 1,093 1,427 — 1,427 — Commercial real estate secured Purchased 629 375 254 61 315 — Auto and RV secured In-house originated 902 663 239 10 249 — With an allowance recorded: Single family real estate secured: Mortgage In-house originated 14,696 — 14,696 65 14,761 575 Purchased 1,932 — 1,932 5 1,937 46 Home equity In-house originated 33 — 33 — 33 1 Multifamily real estate secured In-house originated 791 — 791 65 856 1 Auto and RV secured In-house originated 39 — 39 4 43 2 Consumer and other 676 — 676 — 676 67 Total $ 37,059 $ 4,990 $ 32,069 $ 977 $ 33,046 $ 692 As a % of total gross loans and leases 0.58 % 0.08 % 0.50 % 0.02 % 0.52 % 0.01 % June 30, 2015 (Dollars in thousands) Unpaid Principal Balance Adjustment Unpaid Book Balance Accrued Interest/Origination Fees Recorded Related With no related allowance recorded: Single family real estate secured: 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: June 30, 2016 Single Family (Dollars in thousands) Mortgage Home Warehouse & Other Multi- Commercial Auto and RV secured Factoring Commercial & Industrial Consumer & Other Total Allowance for loan and lease losses: Ending allowance balance attributable to loans and leases: Individually evaluated for impairment $ 621 $ 1 $ — $ 1 $ — $ 2 $ — $ — $ 67 $ 692 Collectively evaluated for impairment 18,045 22 2,685 3,937 882 1,613 245 7,630 75 35,134 Total ending allowance balance $ 18,666 $ 23 $ 2,685 $ 3,938 $ 882 $ 1,615 $ 245 $ 7,630 $ 142 $ 35,826 Loans and leases: Loans and leases individually evaluated for impairment 1 $ 28,610 $ 33 $ — $ 2,218 $ 254 $ 278 $ — $ — $ 676 $ 32,069 Loans and leases collectively evaluated for impairment 3,649,910 2,437 537,714 1,370,998 121,492 73,398 98,275 514,300 1,866 6,370,390 Principal loan and lease balance 3,678,520 2,470 537,714 1,373,216 121,746 73,676 98,275 514,300 2,542 6,402,459 Unaccreted discounts and loan and lease fees 13,142 24 (2,200 ) 3,957 542 975 (30,533 ) 2,172 (33 ) (11,954 ) Accrued interest receivable 12,460 2 1,870 5,409 389 169 327 2,202 3 22,831 Total recorded investment in loans and leases $ 3,704,122 $ 2,496 $ 537,384 $ 1,382,582 $ 122,677 $ 74,820 $ 68,069 $ 518,674 $ 2,512 $ 6,413,336 1 Loans and leases evaluated for impairment include TDRs that have been performing for more than six months. June 30, 2015 Single Family (Dollars in thousands) Mortgage Home Warehouse & Other Multi- Commercial Auto and RV secured Factoring Commercial & Industrial Consumer & 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 Disclosure . Non-performing loans and leases consisted of the following as of the dates indicated: At June 30, (Dollars in thousands) 2016 2015 Nonaccrual loans and leases: Single Family Real Estate Secured: Mortgage In-house originated $ 22,958 $ 16,485 Purchased 5,442 6,357 Home Equity In-house originated 33 9 Multifamily Real Estate Secured In-house originated 791 3,430 Purchased 1,427 1,969 Commercial Real Estate Secured Purchased 254 2,128 Total nonaccrual loans secured by real estate 30,905 30,378 Auto and RV Secured 278 453 Consumer and other 676 — Total nonperforming loans and leases $ 31,859 $ 30,831 Nonperforming loans and leases to total loans and leases 0.50 % 0.62 % The increase in non-performing loans and leases as a percentage of total loans and leases is primarily the result of three single family residential loans that were placed on non-performing status during the quarter ended June 30, 2016 , partially offset by improved performance by multifamily and commercial real estate secured loans. Approximately 9.63% of our non-performing loans and leases at June 30, 2016 were considered TDRs, compared to 16.08% at June 30, 2015 . Borrowers who 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 performing and any previously deferred interest income is recognized. Approximately 89.14% of the Bank’s non-performing loans and leases are single family first mortgages already written down to 53.19% in aggregate, of the original appraisal value of the underlying properties. Generally these loans have experienced longer delays completing the foreclosure process due to the poor servicing practices of one of our seller servicers. The following tables provide the outstanding unpaid balance of loans and leases that are performing and non-performing by portfolio class as of the dates indicated: June 30, 2016 Single Family (Dollars in thousands) Mortgage Home Warehouse & Other Multi- Commercial Auto and RV secured Factoring Commercial & Industrial Other Total Performing $ 3,650,120 $ 2,437 $ 537,714 $ 1,370,998 $ 121,492 $ 73,398 $ 98,275 $ 514,300 $ 1,866 $ 6,370,600 Non-performing 28,400 33 — 2,218 254 278 — — 676 31,859 Total $ 3,678,520 $ 2,470 $ 537,714 $ 1,373,216 $ 121,746 $ 73,676 $ 98,275 $ 514,300 $ 2,542 $ 6,402,459 June 30, 2015 Single Family (Dollars in thousands) Mortgage Home Warehouse & Other Multi- Commercial 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: June 30, 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 $ 3,578,629 $ 71,491 — $ 3,650,120 $ 1,270,379 $ 100,619 $ 1,370,998 $ 109,370 $ 12,122 $ 121,492 Non-performing 22,958 5,442 28,400 791 1,427 2,218 — 254 254 Total $ 3,601,587 $ 76,933 $ 3,678,520 $ 1,271,170 $ 102,046 $ 1,373,216 $ 109,370 $ 12,376 $ 121,746 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. During the temporary period of modification, the company classifies these loans as performing TDRs that consisted of the following as of the dates indicated: June 30, 2016 Single Family (Dollars in thousands) Mortgage Home Warehouse & Other Multi- Commercial Auto and RV secured Factoring Commercial & Industrial Consumer & Other Total Performing loans temporarily modified as TDR $ 210 $ — $ — $ — $ — $ — $ — $ — $ — $ 210 Non-performing loans and leases 28,400 33 — 2,218 254 278 — — 676 31,859 Total impaired loans and leases $ 28,610 $ 33 $ — $ 2,218 $ 254 $ 278 $ — $ — $ 676 $ 32,069 Year Ended June 30, 2016 Single Family (Dollars in thousands) Mortgage Home Warehouse & Other Multi- Commercial Auto and RV secured Factoring Commercial & Industrial Consumer & Other Total Interest income recognized on performing TDRs $ 9 $ — $ — $ — $ — $ — $ — $ — $ — $ 9 Average balances of performing TDRs $ 214 $ — $ — $ — $ — $ — $ — $ — $ — $ 214 Average balances of impaired loans and leases $ 22,969 $ 18 $ — $ 4,495 $ 969 $ 327 $ — $ — $ 135 $ 28,913 June 30, 2015 Single Family (Dollars in thousands) Mortgage Home Warehouse & Other Multi- Commercial Auto and RV secured Factoring Commercial & Industrial Consumer & 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 Year Ended June 30, 2015 Single Family (Dollars in thousands) Mortgage Home Warehouse & Other Multi- Commercial Auto and RV secured Factoring Commercial & Industrial Consumer & Other Total Interest income recognized on performing TDRs $ 17 $ — $ — $ — $ 20 $ — $ — $ — $ — $ 37 Average balances of performing TDRs $ 500 $ — $ — $ — $ 278 $ — $ — $ — $ — $ 778 Average balances of impaired loans and leases $ 21,106 $ 51 $ — $ 5,320 $ 3,028 $ 462 $ — $ — $ — $ 29,967 June 30, 2014 Single Family (Dollars in thousands) Mortgage Home Warehouse & Other Multi- Commercial Auto and RV secured Factoring Commercial & Industrial Consumer & Other Total Performing loans temporarily modified as TDR $ 989 $ — $ — $ — $ 1,390 $ — $ — $ — $ — $ 2,379 Non-performing loans 12,396 168 — 4,301 2,986 534 — — — 20,385 Total impaired loans $ 13,385 $ 168 $ — $ 4,301 $ 4,376 $ 534 $ — $ — $ — $ 22,764 Year Ended June 30, 2014 Single Family (Dollars in thousands) Mortgage Home Warehouse & Other Multi- Commercial Auto and RV secured Factoring Commercial & Industrial Consumer & Other Total Interest income recognized on performing TDRs $ 39 $ — $ — $ — $ 80 $ — $ — $ — $ — $ 119 Average balances of performing TDRs $ 1,003 $ 32 $ — $ 542 $ 1,407 $ 456 $ — $ — $ — $ 3,440 Average balances of impaired loans $ 10,957 $ 60 $ — $ 5,021 $ 3,900 $ 898 $ 9 $ — $ 5 $ 20,850 Interest recognized on performing loans temporarily modified as TDRs was $9 , $37 , and $119 for the years ended June 30, 2016 , 2015 and 2014 respectively. The average balances of performing TDRs and non-performing loans was $214 and $28,913 for the year ended June 30, 2016 , $778 and $29,967 for the year ended June 30, 2015 and $3,440 and $20,850 for the year ending June 30, 2014 , respectively. The Company’s loan modifications 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. The following tables present the loans modified as TDRs during the period indicated: Year Ended June 30, (Dollars in thousands) 2016 2015 2014 Single family real estate secured: Mortgage In-house originated $ — $ 36 $ — Purchased — — 211 Total TDR loans secured by real estate $ — $ 36 $ 211 Other — — — Total loans modified as TDRs $ — $ 36 $ 211 The following tables present loans by class modified as troubled debt restructurings that occurred during the periods indicated: Year Ended June 30, 2016 (Dollars in thousands) Number of Loans Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Troubled Debt Restructurings: Single family real estate secured: Mortgage In-house originated — $ — $ — Total — $ — $ — Year Ended June 30, 2015 (Dollars in thousands) Number of Loans Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Troubled Debt Restructurings: Single family real estate secured: Mortgage In-house originated 1 $ 36 $ 36 Total 1 $ 36 $ 36 Year Ended June 30, 2014 (Dollars in thousands) Number of Loans Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Troubled Debt Restructurings: Single family real estate secured: Mortgage Purchased 2 $ 211 $ 211 Total 2 $ 211 $ 211 The Company had no loans modified as TDRs within the previous twelve months for which there was a payment default for the fiscal years ended June 30, 2016 and June 30, 2015 , respectively. The Company defines a payment default as 90 days past due. 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 as to 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 weakne

FURNITURE, EQUIPMENT AND SOFTWA

FURNITURE, EQUIPMENT AND SOFTWARE	12 Months Ended
	Jun. 30, 2016
Property, Plant and Equipment [Abstract]
FURNITURE, EQUIPMENT AND SOFTWARE	FURNITURE, EQUIPMENT AND SOFTWARE A summary of the cost and accumulated depreciation and amortization for leasehold improvements, furniture, equipment and software is as follows: At June 30, (Dollars in thousands) 2016 2015 Leasehold improvements $ 1,803 $ 1,508 Furniture and fixtures 4,401 3,767 Computer hardware and equipment 12,525 7,105 Software 11,051 7,160 Total 29,780 19,540 Less accumulated depreciation and amortization (15,785 ) (10,989 ) Furniture, equipment and software — net $ 13,995 $ 8,551 Depreciation and amortization expense for the years ended June 30, 2016 , 2015 and 2014 amounted to $4,795 , $3,273 , and $2,874 , respectively.

DEPOSITS

DEPOSITS	12 Months Ended
	Jun. 30, 2016
Deposits [Abstract]
DEPOSITS	DEPOSITS Deposit accounts are summarized as follows: At June 30, 2016 2015 (Dollars in thousands) Amount Rate 1 Amount Rate 1 Non-interest bearing $ 588,774 — % $ 309,339 — % Interest bearing: Demand 1,916,525 0.63 % 1,224,308 0.48 % Savings 2,484,994 0.69 % 2,126,792 0.67 % 4,401,519 0.66 % 3,351,100 0.60 % Time deposits: Under $100 51,849 1.23 % 70,369 1.26 % $100 or more 2 1,001,909 1.99 % 721,109 2.06 % Total time deposits 1,053,758 1.96 % 791,478 1.99 % Total interest bearing 2 5,455,277 0.91 % 4,142,578 0.87 % Total deposits $ 6,044,051 0.82 % $ 4,451,917 0.81 % 1. Based on weighted-average stated interest rates at end of period . 2. The total interest-bearing includes brokered deposits of $800.7 million and $661.9 million as of June 30, 2016 and June 30, 2015, respectively, of which $537.4 million and $356.3 million , respectively, are time deposits classified as $100 or more. The scheduled maturities of time deposits are as follows: At June 30, (Dollars in thousands) 2016 Within 12 months $ 497,825 13 to 24 months 41,668 25 to 36 months 5,463 37 to 48 months 71,518 49 to 60 months 3,625 Thereafter 433,659 Total $ 1,053,758 At June 30, 2016 and 2015 , the Company had deposits from principal officers, directors and their affiliates in the amount of $2,354 and $4,458 , respectively.

ADVANCES FROM THE FEDERAL HOME

ADVANCES FROM THE FEDERAL HOME LOAN BANK	12 Months Ended
	Jun. 30, 2016
Banking and Thrift [Abstract]
ADVANCES FROM THE FEDERAL HOME LOAN BANK	ADVANCES FROM THE FEDERAL HOME LOAN BANK At June 30, 2016 and 2015 , the Company’s fixed-rate FHLB advances had interest rates that ranged from 0.47% to 5.62% with a weighted average of 1.53% and ranged from 0.24% to 5.62% with a weighted average of 1.36% , respectively. Fixed-rate advances from FHLB are scheduled to mature as follows: At June 30, 2016 2015 (Dollars in thousands) Amount Weighted- Average Rate Amount Weighted- Average Rate Within one year $ 322,000 0.70 % $ 323,000 0.45 % After one but within two years 30,000 2.80 % 95,000 1.24 % After two but within three years 147,500 1.98 % 30,000 2.80 % After three but within four years 55,000 1.79 % 135,000 2.03 % After four but within five years 65,000 2.30 % 55,000 1.79 % After five years 107,500 2.47 % 115,000 2.65 % Total $ 727,000 1.53 % $ 753,000 1.36 % At June 30, 2016 , a total of $5,000 of FHLB advances include agreements that allow the FHLB, at its option, to put the advances back to the Company after specified dates. Under the terms of the putable advances, the Company could be required to repay all of the principal and accrued interest before the maturity date. The weighted-average remaining contractual maturity period of the $5,000 in advances is 1.57 years and the weighted average remaining period before such advances could be put to the Company is 0.07 years. The Company’s advances from the FHLB were collateralized by certain real estate loans with an aggregate unpaid balance of $3,486,939 and $2,568,575 at June 30, 2016 and 2015 , respectively, by the Company’s investment in capital stock of the FHLB of San Francisco and by its investment in mortgage-backed securities. Generally, each advance is payable in full at its maturity date with a prepayment penalty for fixed and adjustable rate advances. The maximum amounts advanced at any month-end during the period from the FHLB were $1,129,000 , $1,075,000 , and $910,000 during the years ended June 30, 2016 , 2015 , and 2014 , respectively. At June 30, 2016 , the Company had $1,313,768 available immediately and an additional $13,030 available with additional collateral for advances from the FHLB for terms up to ten years.

SECURITIES SOLD UNDER AGREEMENT

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE	12 Months Ended
	Jun. 30, 2016
Disclosure of Repurchase Agreements [Abstract]
SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE	SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE The Company has sold securities under various agreements to repurchase for total proceeds of $35,000 . The repurchase agreements have fixed interest rates between 3.75% and 4.75% , weighted average rate of 4.38% , and scheduled maturities between April 2017 and December 2017 . Under these agreements, the Company may be required to repay the $35,000 and repurchase its securities before the scheduled maturity if the issuer requests repayment on scheduled quarterly call dates. The weighted-average remaining contractual maturity period is 1.11 years and the weighted average remaining period before such repurchase agreements could be called is 0.14 years.

SUBORDINATED NOTES AND DEBENTUR

SUBORDINATED NOTES AND DEBENTURES	12 Months Ended
	Jun. 30, 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. Junior Subordinated Debentures . On December 13, 2004 , the Company entered into an agreement to form an unconsolidated trust which issued $5,000 of trust preferred securities in a transaction that closed on December 16, 2004 . The net proceeds from the offering were used to purchase $5,155 of junior subordinated debentures (“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 three-month LIBOR plus 2.4% for a rate of 3.05% as of June 30, 2016 , with interest paid quarterly starting February 16, 2005 . The Bank has the ability to borrow short-term from the Federal Reserve Bank Discount Window. At June 30, 2016 and 2015 there were no amounts outstanding and the available borrowings from this source were $42,222 and $8,705 , respectively. The 2016 available borrowings would be collateralized by consumer loans and mortgage-backed securities totaling $64,929 and $729 , respectively. The Bank has additional unencumbered collateral that could be pledged to the Federal Reserve Bank Discount Window to increase borrowing liquidity. The Bank has federal funds lines of credit with two major banks totaling $35.0 million . At June 30, 2016 and 2015 the Bank had no outstanding balances on these lines.

INCOME TAXES

INCOME TAXES	12 Months Ended
	Jun. 30, 2016
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES The provision for income taxes is as follows: At June 30, (Dollars in thousands) 2016 2015 2014 Current: Federal $ 67,773 $ 49,801 $ 31,069 State 24,478 17,192 9,284 92,251 66,993 40,353 Deferred: Federal (5,363 ) (7,015 ) (1,645 ) State (1,284 ) (1,803 ) (395 ) (6,647 ) (8,818 ) (2,040 ) Total $ 85,604 $ 58,175 $ 38,313 The differences between the statutory federal income tax rate and the effective tax rates are summarized as of: At June 30, 2016 2015 2014 Statutory federal tax rate 35.00 % 35.00 % 35.00 % Increase (decrease) resulting from: State taxes—net of federal tax benefit 7.31 % 6.81 % 6.67 % Cash surrender value (0.03 )% (0.04 )% (0.07 )% Tax credits (0.18 )% (0.24 )% (0.20 )% Non-taxable income (0.36 )% (0.58 )% (0.56 )% Other 0.04 % 0.35 % (0.20 )% Effective tax rate 41.78 % 41.30 % 40.64 % The components of the net deferred tax asset are as follows: At June 30, (Dollars in thousands) 2016 2015 Deferred tax assets: Allowance for loan losses and charge-offs $ 16,601 $ 13,047 State taxes 5,327 2,581 Stock-based compensation expense 1,915 1,397 Unrealized net losses on securities 5,551 6,905 Deferred bonus / vacation 625 416 Securities impaired 11,345 10,903 Deferred loan fees 1,128 60 Total deferred tax assets 42,492 35,309 Deferred tax liabilities: FHLB stock dividend (1,187 ) (1,180 ) Other assets—prepaids (937 ) (632 ) Depreciation (2,671 ) (542 ) Total deferred tax liabilities (4,795 ) (2,354 ) Net deferred tax asset $ 37,697 $ 32,955 The Company establishes a valuation allowance if, based on the weight of available evidence, it is more likely than not that some portion or all of the deferred tax assets will not be realized. As of June 30, 2016 and 2015 , the Company believes that it will have sufficient earnings to realize its deferred tax asset and has not provided an allowance. The following is a reconciliation of the beginning and ending amount of unrecognized tax positions for the periods presented: (Dollars in thousands) 2016 2015 2014 Balance at July 1 $ 779 $ 293 $ 1,122 Additions – current year tax positions 181 135 55 Additions – prior year tax positions — 568 30 Reductions – prior year tax positions (80 ) (217 ) (914 ) Total liability for unrecognized tax positions at June 30 $ 880 $ 779 $ 293 The Company is subject to federal income tax and income tax of state taxing authorities. The Company’s federal income tax returns for the years ended June 30, 2013 , 2014 , and 2015 and its state taxing authorities income tax returns for the years ended June 30, 2012 , 2013 , 2014 and 2015 are open to audit under the statutes of limitations by the Internal Revenue Service and state taxing authorities.

STOCKHOLDERS' EQUITY

STOCKHOLDERS' EQUITY	12 Months Ended
	Jun. 30, 2016
Equity [Abstract]
STOCKHOLDERS' EQUITY	STOCKHOLDERS’ EQUITY Common Stock . Changes in common stock issued and outstanding were as follows: At June 30, 2016 2015 2014 Issued 1 Outstanding 1 Issued 1 Outstanding 1 Issued 1 Outstanding 1 Beginning of year: 63,145,364 62,075,004 58,779,522 57,807,600 55,838,204 54,933,300 Common stock issued through option exercise or exchange 82,400 82,400 218,539 176,252 222,128 222,128 Common stock issued through public offering 723,808 723,808 3,796,356 3,796,356 2,241,204 2,241,204 Common stock issued through grants of restricted stock units 561,922 338,180 350,947 294,796 477,986 410,968 End of year: 64,513,494 63,219,392 63,145,364 62,075,004 58,779,522 57,807,600 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. The par value of common stock remains unchanged at $0.01 per share after the aforementioned forward stock split. On March 11, 2013, the Company entered into an At-the-Market (ATM) Equity Distribution Agreement with each of Raymond James & Associates, Inc., JMP Securities LLC, Liquidnet, Inc., and Sandler O’Neill + Partners L.P. (the “Distribution Agents”) pursuant to which we may issue and sell through the Distribution Agents from time to time shares of our common stock in at the market offerings with an aggregate offering price of up to $50,000 (the “ATM Offering”). The sales of shares of our common stock under the Equity Distribution Agreement are to be made in “at the market” offerings as defined in Rule 415 of the Securities Act of 1933, as amended, including sales made directly on the NASDAQ Global Select Market (the principal existing trading market for our common stock), or sales made through a market maker or any other trading market for our common stock, or (with prior consent) in privately negotiated transactions at negotiated prices. The aggregate compensation payable to the Distribution Agents under the Distribution Agreement is 2.5% of the gross sales price of the shares sold under the agreement. The Company has also agreed to reimburse the Distribution Agents for up to $125 of their expenses and have provided the Distribution Agents with customary indemnification rights. In fiscal year 2013, the Company commenced sales of common stock through the ATM Offering. The details of the shares of common stock sold through the ATM Offering through June 30, 2014 are as follows (dollars in thousands, except per share data): Distribution Agent Month Weighted Average Per Share Price 1 Number of Shares Sold 1 Net Proceeds Compensation to Distribution Agent Raymond James & Associates March 2013 $ 8.81 800,000 $ 6,874 $ 176 Raymond James & Associates October 2013 $ 17.63 198,320 $ 3,409 $ 87 Raymond James & Associates November 2013 $ 18.09 591,280 $ 10,431 $ 267 Raymond James & Associates December 2013 $ 19.83 154,396 $ 2,984 $ 77 Raymond James & Associates January 2014 $ 20.10 360,000 $ 7,054 $ 181 Raymond James & Associates February 2014 $ 20.38 198,432 $ 3,942 $ 101 Sandler O’Neill & Partners, L.P. May 2014 $ 19.46 496,000 $ 9,409 $ 241 Sandler O’Neill & Partners, L.P. June 2014 $ 19.63 242,776 $ 4,647 $ 120 1- 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 As of June 30, 2014, the total gross sales the Company completed under the ATM Offering was $50,000 . On July 22, 2014, we entered into an At-the-Market (“ATM”) Equity Distribution Agreement with Keefe, Bruyette & Woods, Inc., Raymond James & Associates, Inc. and Sterne, Agee & Leach, Inc. (the “Distribution Agents”) pursuant to which we may issue and sell through the Distribution Agents from time to time shares of our common stock in at the market offerings with an aggregate offering price of up to $50,000 (the “ATM Offering”). The sales of shares of our common stock under the Equity Distribution Agreement are to be made in “at the market” offerings as defined in Rule 415 of the Securities Act of 1933, as amended, including sales made directly on the NASDAQ Global Select Market (the principal existing trading market for our common stock), or sales made through a market maker or any other trading market for our common stock, or (with our prior consent) in privately negotiated transactions at negotiated prices. The aggregate compensation payable to the Distribution Agents under the Distribution Agreement is 2.5% of the gross sales price of the shares sold under the agreement. The Company has also agreed to reimburse the Distribution Agents for up to $75 of their expenses and have provided the Distribution Agents with customary indemnification rights. In August 2014, we commenced sales of common stock through the ATM Offering. The details of the shares of common stock sold through the ATM Offering through January 31, 2015 are as follows (dollars in thousands, except per share data): Distribution Agent Month Weighted Average Per Share Price 1 Number of Shares Sold 1 Net Proceeds Compensation to Distribution Agent Keefe, Bruyette & Woods, Inc. August 2014 $ 19.68 177,668 $ 3,409 $ 87 Keefe, Bruyette & Woods, Inc. September 2014 $ 18.65 947,200 $ 17,218 $ 441 Keefe, Bruyette & Woods, Inc. October 2014 $ 17.56 200,000 $ 3,423 $ 88 Keefe, Bruyette & Woods, Inc. November 2014 $ 19.58 520,000 $ 9,924 $ 254 Keefe, Bruyette & Woods, Inc. December 2014 $ 19.69 267,200 $ 5,130 $ 132 Keefe, Bruyette & Woods, Inc. January 2015 $ 20.35 486,280 $ 9,646 $ 248 1- 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 As of January 31, 2015, the total gross sales were $50,000 and completed this offering. On February 23, 2015, we entered into an ATM Equity Distribution Agreement with FBR Capital Markets & Co., Sterne, Agee & Leach, Inc. and Raymond James & Associates, Inc. (the “2015 Distribution Agents”) pursuant to which we may issue and sell through the 2015 Distribution Agents from time to time shares of our common stock in at the market offerings with an aggregate offering price of up to $50,000 (the “2015 ATM Offering”). The sales of shares of our common stock under the Equity Distribution Agreement are to be made in “at the market” offerings as defined in Rule 415 of the Securities Act of 1933, as amended, including sales made directly on the NASDAQ Global Select Market (the principal existing trading market for our common stock), or sales made through a market maker or any other trading market for our common stock, or (with our prior consent) in privately negotiated transactions at negotiated prices. The aggregate compensation payable to the 2015 Distribution Agents under the Distribution Agreement will not exceed 2.5% of the gross sales price of the shares sold under the agreement. We have also agreed to reimburse the 2015 Distribution Agents for up to $75 in their expenses through September 30, 2015 and up to $25 thereafter and have provided the 2015 Distribution Agents with customary indemnification rights. In February 2015, we commenced sales of common stock through the 2015 ATM Offering. The details of the shares of common stock sold through the 2015 ATM Offering through June 30, 2015 are as follows (dollars in thousands, except per share data): Distribution Agent Month Weighted Average Per Share Price 1 Number of 1 Net Proceeds Compensation to Distribution Agent FBR Capital Markets & Co. February 2015 $ 22.68 40,000 $ 884 $ 23 FBR Capital Markets & Co. March 2015 $ 23.38 518,528 $ 11,818 $ 303 FBR Capital Markets & Co. April 2015 $ 23.10 265,088 $ 5,971 $ 153 FBR Capital Markets & Co. May 2015 $ 23.69 122,800 $ 2,837 $ 73 FBR Capital Markets & Co. June 2015 $ 24.69 251,592 $ 6,057 $ 155 FBR Capital Markets & Co. July 2015 $ 27.37 280,000 $ 7,471 $ 192 FBR Capital Markets & Co. August 2015 $ 32.81 40,000 $ 1,279 $ 33 FBR Capital Markets & Co. September 2015 $ 30.99 240,000 $ 7,252 $ 186 FBR Capital Markets & Co. October 2015 $ 32.43 163,808 $ 5,181 $ 132 1- 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 As of December 31, 2015, the 2015 ATM offering was complete as total gross sales were $50 million . Convertible Preferred Stock . On October 28, 2003, the Company commenced a private placement of Series A-6% Cumulative Nonparticipating Perpetual Preferred Stock (the “Series A preferred stock”). The rights, preferences and privileges of the Series A preferred stock were established in a certificate filed by the Company with the State of Delaware on October 27, 2003, and generally include the holder’s right to a six percent ( 6% ) per annum cumulative dividend payable quarterly and the Company’s right to redeem some or all of the remaining 515 shares at $10,000 face value outstanding shares. The holder’s right to convert to the Company’s common stock expired on January 1, 2009. During the fiscal year ended June 30, 2004 , the Company issued $6,750 of Series A preferred stock, convertible through January 1, 2009 , representing 675 shares at $10,000 face value, less issuance costs of $113 . Before the expiration of the conversion right, holders of the Series A converted 160 shares of Series A preferred to common stock. The Company has declared dividends to holders of its Series A preferred stock totaling $309 for each of the years ended June 30, 2016 , 2015 , and 2014 , respectively. On September 11, 2012 , the Company mandatorily converted the outstanding 20,132 shares of the Series B non-cumulative perpetual convertible preferred stock (“the series B preferred stock”). The Series B preferred stock was converted into 4,986,284 shares of our common stock, which reflects an approximate initial conversion price of $4.04 per share of our common stock, plus cash in lieu of fractional shares. On various dates beginning on October 11, 2012 , the Company entered into subscription agreements (the “Subscription Agreements”) with various institutional and individual accredited investors under which the Company sold an aggregate of 1,857 shares of its 6.0% Series C Non-Cumulative Perpetual Convertible Preferred Stock, par value $0.01 per share (the “Series C Preferred Stock”) for a purchase price of $10,000 per share or an aggregate of $18,570 , with net proceeds after expenses of approximately $18,544 . The terms of the Series C Preferred Stock are more fully described in the Certificate of Designations filed by the Company with the Secretary of State of the State of Delaware on October 11, 2012 designating the rights, preferences and privileges of the Series C Preferred Stock (the “Certificate of Designations”). On April 24, 2013, the Company completed the mandatory conversion of the Company’s 1,857 shares of the Series C preferred stock. The Series C preferred stock was converted into 2,436,360 shares of common stock, which reflects an approximate initial conversion price of $7.63 per share of our common stock, plus cash in lieu of fractional shares.

STOCK-BASED COMPENSATION

STOCK-BASED COMPENSATION	12 Months Ended
	Jun. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
STOCK-BASED COMPENSATION	STOCK-BASED COMPENSATION On October 22, 2015, the stockholders of the Company approved and in November 2015 the Company’s Board of Directors adopted an amendment to the Company’s certificate of incorporation (the “Amendment”) to increase the number of authorized shares of common stock available for issuance from 50,000,000 to 150,000,000 shares. The purpose for the Amendment was to accommodate a forward stock split through a stock dividend whereby each share of common stock would effectively be split into four shares of common stock (the “Stock Split”). On October 26, 2015, the Board of Directors approved the Stock Split. The Company issued a dividend of three shares of common stock for every one share issued and outstanding as of November 6, 2015. The dividend was paid on November 17, 2015, and BOFI common stock began trading on a split-adjusted basis on November 18, 2015. Common stock share, per-share, option and restricted stock unit amounts for all comparative periods provided have been retroactively adjusted to reflect the effects of the Stock Split. 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 ten 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. A summary of stock option activity under the Plans during the periods indicated is presented below: Number of Shares 1 Weighted-Average Exercise Price Per Share 1 Outstanding—June 30, 2013 649,928 $ 2.20 Granted — — Exercised (222,128 ) 2.25 Canceled — — Outstanding—June 30, 2014 427,800 $ 2.18 Granted — — Exercised (218,539 ) 2.26 Canceled (126,861 ) 2.26 Outstanding—June 30, 2015 82,400 $ 1.84 Granted — — Exercised (82,400 ) 1.84 Canceled — — Outstanding—June 30, 2016 — $ — Options exercisable—June 30, 2014 427,800 $ 2.18 Options exercisable—June 30, 2015 82,400 $ 1.84 Options exercisable—June 30, 2016 — $ — 1- 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 aggregate intrinsic value of options exercised or converted during the years ended June 30, 2016, 2015 and 2014 was $2,656 , $7,834 ,and $4,021 , respectively. Restricted Stock and Restricted Stock Units . During the fiscal year ended June 30, 2014 , the Company’s Board of Directors granted 531,776 restricted stock units to employees and directors. The chief executive officer received 288,000 restricted stock units, which vest ratably on each of the four fiscal year ends after the issue date. All other restricted stock unit awards granted during the year ended June 30, 2014 , vest over three years, one-third on each anniversary of the grant date and 679,040 shares were vested and issued and 100,920 shares were canceled as of June 30, 2014 . During the fiscal year ended June 30, 2015 , the Company’s Board of Directors granted 775,824 restricted stock units to employees and directors. The chief executive officer received 288,000 restricted stock units, which vest ratably on each of the four fiscal year ends after the issue date. All other restricted stock unit awards granted during the year ended June 30, 2015 , vest over three years, one-third on each anniversary of the grant date and 519,400 shares were vested and issued and 67,104 shares were canceled as of June 30, 2015 . During the fiscal year ended June 30, 2016 , the Company’s Board of Directors granted 615,834 restricted stock units to employees and directors. The chief executive officer received 288,000 restricted stock units, which vest ratably on each of the four fiscal year ends after the issue date. All other restricted stock unit awards granted during the year ended June 30, 2016 , vest over three years, one-third on each anniversary of the grant date and 596,871 shares were vested and issued and 94,325 shares were canceled as of June 30, 2016 . The Company’s income before income taxes and net income for the years ended June 30, 2016 , 2015 and 2014 included stock compensation expense of $11,326 , $6,648 and $4,358 , respectively. The income tax benefit was $4,509 , $2,746 and $1,771 , 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 June 30, 2016 , expense related to stock option grants has been fully recognized. At June 30, 2016 unrecognized compensation expense related to non-vested awards aggregated to $19,790 and is expected to be recognized in future periods as follows: (Dollars in thousands) Stock Award Compensation Expense For the fiscal year ended June 30: 2017 $ 9,901 2018 7,126 2019 2,763 Total $ 19,790 The following table presents the status and changes in restricted stock units grants for the periods indicated: Restricted Stock Unit Shares 1 Weighted-Average Grant-Date Fair Value 1 Non-vested balance at June 30, 2013 1,193,940 $ 5.53 Granted 531,776 14.98 Vested (477,986 ) 5.84 Canceled (301,974 ) 6.76 Non-vested balance at June 30, 2014 945,756 $ 10.29 Granted 775,836 19.99 Vested (350,947 ) 10.11 Canceled (235,557 ) 11.26 Non-vested balance at June 30, 2015 1,135,088 $ 17.01 Granted 615,834 26.60 Vested (536,528 ) 16.14 Canceled (154,668 ) 18.70 Non-vested balance at June 30, 2016 1,059,726 $ 22.53 1- 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 total fair value of shares vested during the years ended June 30, 2016 , 2015 and 2014 was $13,256 , $11,907 and $12,211 , respectively.

EARNINGS PER SHARE

EARNINGS PER SHARE	12 Months Ended
	Jun. 30, 2016
Earnings Per Share [Abstract]
EARNINGS PER SHARE	EARNINGS PER SHARE The following table presents the calculation of basic and diluted EPS: At June 30, (Dollars in thousands, except per share data) 2016 2015 2014 Earnings Per Common Share 1 Net income $ 119,291 $ 82,682 $ 55,956 Preferred stock dividends (309 ) (309 ) (309 ) Net income attributable to common shareholders $ 118,982 $ 82,373 $ 55,647 Average common shares issued and outstanding 62,909,411 59,939,844 56,159,236 Average unvested restricted stock grant and RSU shares 1,355,796 1,238,064 1,312,060 Total qualifying shares 64,265,207 61,177,908 57,471,296 Earnings per common share $ 1.85 $ 1.35 $ 0.97 Diluted Earnings Per Common Share 1 Net income attributable to common shareholders $ 118,982 $ 82,373 $ 55,647 Preferred stock dividends to dilutive convertible preferred — — — Dilutive net income attributable to common shareholders $ 118,982 $ 82,373 $ 55,647 Average common shares issued and outstanding 64,265,207 61,177,908 57,471,296 Dilutive effect of stock options 5,845 226,456 299,472 Dilutive effect of convertible preferred stock — — — Total dilutive common shares issued and outstanding 64,271,052 61,404,364 57,770,768 Diluted earnings per common share $ 1.85 $ 1.34 $ 0.96 1- 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	12 Months Ended
	Jun. 30, 2016
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	COMMITMENTS AND CONTINGENCIES Operating Leases . The Company leases office space under an operating lease agreement scheduled to expire in June 2020 . The Company pays property taxes, insurance and maintenance expenses related to this lease. Rent expense for the years ended June 30, 2016 , 2015 , and 2014 was $3,901 , $2,806 , and $2,111 , respectively. Pursuant to the terms of these non-cancelable lease agreements in effect at June 30, 2016 , future minimum lease payments are as follows: (Dollars in thousands) Future minimum lease payments 2017 $ 4,088 2018 4,358 2019 4,555 2020 4,746 2021 743 Thereafter 1,938 Total $ 20,428 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 of wrongdoing 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. On June 9, 2016, the United States District Court for the Southern District of California ordered the four above-referenced cases pending before it to be consolidated, appointed lead counsel in the consolidated action, and ordered the parties to meet and confer regarding a schedule for the filing of a consolidated complaint and defendants’ response to the complaint. Pursuant to the June 9, 2016 order, counsel have met and conferred regarding proposals for (a) the time for plaintiffs to file a consolidated complaint or provide notice of plaintiffs’ intent to rely upon the original Complaint in Case No. 3:15-cv-02722-GPC-KSC (the “operative complaint”); (b) the time for defendants to respond to the operative complaint; and (c) a schedule for briefing any motion to dismiss that may be filed by a defendant. A stipulation setting forth the agreed litigation schedule has been submitted to the Court. The fifth derivative action, which is pending before the San Diego County Superior Court, has been stayed by agreement of the parties. The Company and the other defendants dispute the allegations of wrongdoing and are vigorously defending these purported derivative actions.

OFF-BALANCE-SHEET ACTIVITIES

OFF-BALANCE-SHEET ACTIVITIES	12 Months Ended
	Jun. 30, 2016
Fair Value Disclosures [Abstract]
OFF-BALANCE-SHEET ACTIVITIES	OFF-BALANCE-SHEET ACTIVITIES 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 June 30, 2016 , we had fixed and variable rate commitments to originate or purchase loans and leases with an aggregate outstanding principal balance of $161,663 and $175,801 for total commitments to originate of $337,464 . For June 30, 2016 , our fixed rate commitments to originate had a weighted-average rate of 3.59% . For June 30, 2015 , we had fixed and variable rate commitments to originate or purchase loans and leases with an aggregate outstanding principal balance of $68,030 and $143,995 for total commitments to originate of $212,025 . For June 30, 2015 , our fixed rate commitments to originate had a weighted average rate of 3.81% . At June 30, 2016 , we also had fixed and variable rate commitments to sell loans with an aggregate outstanding principal balance of $134,114 and $2,312 for total commitments to sell of $136,426 . For June 30, 2015 , we had fixed and variable rate commitments to sell of $77,188 and $11,446 for total commitments to sell of $88,634 . At June 30, 2016 and 2015 , 85.7% and 64.8% of the commitments to originate loans are matched with commitments to sell related to conforming single family loans classified as held for sale, respectively. 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.

MINIMUM REGULATORY CAPITAL REQU

MINIMUM REGULATORY CAPITAL REQUIREMENTS	12 Months Ended
	Jun. 30, 2016
Banking and Thrift [Abstract]
MINIMUM REGULATORY CAPITAL REQUIREMENTS	MINIMUM REGULATORY CAPITAL REQUIREMENTS The Company and Bank are subject to regulatory capital adequacy requirements promulgated by federal bank regulatory agencies. Failure by the Company or Bank to meet minimum capital requirements could result in certain mandatory and discretionary actions by regulators that could have a material adverse effect on the consolidated financial statements. The Federal Reserve establishes capital requirements for the Company and the OCC has similar requirements for the Bank. The following tables present regulatory capital information for the Company and Bank. Information presented for June 30, 2016 , reflects the Basel III capital requirements that became effective January 1, 2015 for both the Company and Bank. Under these capital requirements and the regulatory framework for prompt corrective action, the Company and Bank must meet specific capital guidelines that involve quantitative measures of the Company and Bank’s assets, liabilities and certain off-balance-sheet items as calculated under regulatory accounting practices. The Company’s and Bank’s capital amounts and classifications are also subject to qualitative judgments by regulators about components, risk weightings and other factors. Quantitative measures established by regulation require the Company and Bank to maintain certain minimum capital amounts and ratios. Federal bank regulators require the Company and Bank maintain minimum ratios of core capital to adjusted average assets of 4.0% , common equity tier 1 capital to risk-weighted assets of 4.5% , tier 1 capital to risk-weighted assets of 6.0% and total risk-based capital to risk-weighted assets of 8.0% . At June 30, 2016 , the Company and Bank met all the capital adequacy requirements to which they were subject. At June 30, 2016 , the Company and Bank were “well capitalized” under the regulatory framework for prompt corrective action. To be “well capitalized,” the Company and Bank must maintain minimum leverage, common equity tier 1 risk-based, tier 1 risk-based and total risk-based capital ratios of at least 5.0% , 6.5% , 8.0% and 10.0% , respectively. Management believes that no conditions or events have occurred since June 30, 2016 that would materially adversely change the Company’s and Bank’s capital classifications. From time to time, we may need to raise additional capital to support the Company’s and Bank’s further growth and to maintain their “well capitalized” status. The Bank’s capital amounts, capital ratios and capital requirements under Basel III were as follows: BofI Holding, Inc. BofI Federal Bank “Well Minimum Capital (Dollars in thousands) June 30, 2016 June 30, 2015 June 30, 2016 June 30, 2015 Regulatory Capital: Tier 1 $ 690,893 $ 542,924 $ 664,427 $ 522,891 Common equity tier 1 $ 685,830 $ 537,861 $ 664,427 $ 522,891 Total capital (to risk-weighted assets) $ 777,834 $ 571,251 $ 700,368 $ 551,218 Assets: Average adjusted $ 7,575,526 $ 5,660,097 $ 7,566,865 $ 5,654,199 Total risk-weighted $ 4,755,242 $ 3,591,432 $ 4,747,496 $ 3,585,149 Regulatory Capital Ratios: Tier 1 leverage (core) capital to adjusted average assets 9.12 % 9.59 % 8.78 % 9.25 % 5.00 % 4.00 % Common equity tier 1 capital (to risk-weighted assets) 14.42 % 14.98 % 14.00 % 14.58 % 6.50 % 4.50 % Tier 1 capital (to risk-weighted assets) 14.53 % 15.12 % 14.00 % 14.58 % 8.00 % 6.00 % Total capital (to risk-weighted assets) 16.36 % 15.91 % 14.75 % 15.38 % 10.00 % 8.00 % Beginning January 1, 2016, Basel III implements a requirement for all banking organizations to maintain a capital conservation buffer above the minimum risk-based capital requirements in order to avoid certain limitations on capital distributions, stock repurchases and discretionary bonus payments to executive officers. The capital conservation buffer will be exclusively composed of common equity tier 1 capital, and it applies to each of the three risk-based capital ratios but not the leverage ratio. At June 30, 2016 , the Company and Bank are in compliance with the capital conservation buffer requirement. The three risk-based capital ratios will increase by 0.625% each year through 2019, at which point, the common equity tier 1 risk based, tier 1 risk-based and total risk-based capital ratios will be 7.0% , 8.5% and 10.5% , respectively. In connection with the approval of the acquisition of the H&R Block Bank deposits on September 1, 2015, the Bank executed a letter agreement with the OCC to maintain its Tier 1 leverage capital ratio at a minimum of 8.50% for the quarters ended in June, September and December and a minimum of 8.00% for the quarter ended in March, subject to certain adjustments. At June 30, 2016 the Bank is in compliance with this letter agreement.

EMPLOYMENT AGREEMENTS AND EMPLO

EMPLOYMENT AGREEMENTS AND EMPLOYEE BENEFIT PLANS	12 Months Ended
	Jun. 30, 2016
Compensation Related Costs [Abstract]
EMPLOYEE AGREEMENTS AND EMPLOYEE BENEFIT PLANS	EMPLOYMENT AGREEMENTS AND EMPLOYEE BENEFIT PLANS Employment Agreements . On May 26, 2011 , the Company entered into an Amended and Restated Employment Agreement (the “Agreement”) with Mr. Gregory Garrabrants as President and Chief Executive Officer of the Company. The Agreement, effective as of May 26, 2011 , amends and restates that employment agreement between the Company and Mr. Garrabrants on October 22, 2007 . The term of the Employment Agreement runs through June 30, 2016 and, absent termination or a new agreement, automatically renews for a one -year term each year. Under the Agreement, after July 1, 2011 , Mr. Garrabrants will receive an annual base salary of $375 . The Agreement also provides for, an Annual Cash Incentive Award based upon five performance objectives set by the Company which will be individually measured at the end of each fiscal year and could aggregate to an amount between 0% and 105% of Mr. Garrabrants’ base salary and an Annual Restricted Stock Unit Award equal to 160,000 shares of common stock multiplied by a factor ranging from 0 to 3 based upon the Company’s annual return on average common equity, annual asset growth and certain monthly-agreed qualitative factors established by the Company. Upon termination of the Employment Agreement by the Company “without cause” or by Mr. Garrabrants for “good reason” (as such terms are defined in the Employment Agreement), Mr. Garrabrants will be entitled to (a) an amount in cash equal to two times his base salary, (b) a pro-rated portion of his target annual cash incentive award, (c) accelerated vesting of his equity incentive awards outstanding, including restricted stock unit awards, (d) at the Company’s election, either a pro-rated portion of his annual restricted stock unit award based upon the Company’s return on equity, or an equivalent amount in cash, and (e) continuation of health benefits for up to twelve months. On April 22, 2010 , the Company and Andrew J. Micheletti, the Company’s Executive Vice President and Chief Financial Officer, entered into a material definitive agreement entitled First Amended Employment Agreement (the “Amended Agreement”). Mr. Micheletti’s original employment agreement was effective July 1, 2003 , and the Amended Agreement replaces the original agreement effective July 1, 2009 . The Amended Agreement adds two achievement-based awards; an annual cash bonus target of 30% of current salary based upon specific performance measurements and provides a return on equity benefit of 60,000 shares of the Company’s common stock. The return on equity benefit is based upon the Company’s achievement of certain levels of return on equity as calculated at the end of each fiscal year. The annual award of common stock units under the return on equity benefit will vest over three years and each year the 60,000 share base award will be adjusted down or up by a series of multiplication factors (ranging from 0 , up to 3.4 times) depending on the level of return on equity the Company achieves in each fiscal year. Both the cash bonus and the return on equity benefits require approval by the Board of Directors and the Chief Executive Officer annually under the Amended Agreement. These benefits replaced the deferred compensation and pre-tax net income benefits established in Mr. Micheletti’s original agreement in 2003 . 401(k) Plan . The Company has a 401(k) plan whereby substantially all of its employees may participate in the plan. Employees may contribute up to 15% of their compensation subject to certain limits based on federal tax laws. The Company has implemented an employer matching program whereby employer contributions are made to the 401(k) plan. For the 401(k) plan year ending December 31, 2015, the Company implemented an employer contribution match in an amount equal to 50% of the first 8% of an employee’s designated deferral of their eligible compensation. For the fiscal year ended June 30, 2016 , 2015 , and 2014 expense attributable to the plan amounted to $801 , $110 , and $1 , respectively. Deferred Compensation Plans . Effective August 1, 2003 , the Company adopted the Bank of Internet USA Nonqualified Deferred Compensation Plans (“Deferred Compensation Plans”) which cover designated key management employees and directors who elect to participate. The Deferred Compensation Plans allow eligible employees and directors to elect to defer up to 100% of their compensation, including commissions, bonuses and director fees. Although the Deferred Compensation Plans provide that the Company may make discretionary contributions to a participant’s account, no such discretionary contributions have been made through June 30, 2016 . Participant deferrals are fully vested at all times, and discretionary contributions, if any, will be subject to a vesting schedule specified by the Company. Participants in the Deferred Compensation Plans may elect to invest their accounts in either of two accounts: (1) which earns interest based upon the prime rate; or (2) which mirrors the performance of the book value of the Company’s common stock. The Compensation Committee of the Board of Directors administrates the Deferred Compensation Plans. At June 30, 2016 and 2015 , there was $0 and $0 deferred in connection with the Deferred Compensation Plans.

PARENT-ONLY CONDENSED FINANCIAL

PARENT-ONLY CONDENSED FINANCIAL INFORMATION	12 Months Ended
	Jun. 30, 2016
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
PARENT-ONLY CONDENSED FINANCIAL INFORMATION	PARENT-ONLY CONDENSED FINANCIAL INFORMATION The following BofI Holding, Inc. (Parent company only) financial information should be read in conjunction with the consolidated financial statements of the Company and the other notes to the consolidated financial statements: BofI Holding, Inc. (Parent Company Only) CONDENSED BALANCE SHEETS At June 30, (Dollars in thousands) 2016 2015 ASSETS Cash and cash equivalents $ 77,383 $ 22,729 Loans 37 39 Investment securities 12 204 Other assets 7,722 6,155 Due from subsidiary — 3 Investment in subsidiary 657,119 513,701 Total assets $ 742,273 $ 542,831 LIABILITIES AND STOCKHOLDERS’ EQUITY Subordinated notes and debentures $ 56,155 $ 5,155 Accrued interest payable 292 14 Accounts payable and accrued liabilities 2,236 4,136 Total liabilities 58,683 9,305 Stockholders’ equity 683,590 533,526 Total liabilities and stockholders’ equity $ 742,273 $ 542,831 BofI Holding, Inc. (Parent Company Only) STATEMENTS OF INCOME Year Ended June 30, (Dollars in thousands) 2016 2015 2014 Interest income $ 136 $ 111 $ 82 Interest expense 1,275 143 143 Net interest (expense) income (1,139 ) (32 ) (61 ) Provision for loan losses — — — Net interest (expense) income, after provision for loan losses (1,139 ) (32 ) (61 ) Non-interest income (loss) 339 (9 ) (3 ) Non-interest expense 7,345 4,678 3,218 Income (loss) before dividends from subsidiary and equity in undistributed income of subsidiary (8,145 ) (4,719 ) (3,282 ) Dividends from subsidiary 2,900 1,950 2,600 Equity in undistributed earnings of subsidiary 124,536 85,451 56,638 Net income $ 119,291 $ 82,682 $ 55,956 Comprehensive income $ 121,386 $ 83,649 $ 56,390 BofI Holding, Inc. (Parent Company Only) STATEMENT OF CASH FLOWS Year Ended June 30, (Dollars in thousands) 2016 2015 2014 CASH FLOWS FROM OPERATING ACTIVITIES: Net income $ 119,291 $ 82,682 $ 55,956 Adjustments to reconcile net income to net cash used in operating activities: Accretion of discounts on securities (50 ) (69 ) (41 ) Impairment charge on securities — 9 56 Accretion of discounts on loans (6 ) (12 ) (12 ) Gain on sales of loans held for sale (339 ) — — Stock-based compensation expense 11,326 6,648 4,358 Tax effect from exercise of common stock options and vesting of restricted stock grants (2,531 ) (5,526 ) (4,856 ) Equity in undistributed earnings of subsidiary (124,533 ) (85,368 ) (72,296 ) Decrease (increase) in other assets (1,289 ) (1,972 ) (2,400 ) Increase (decrease) in other liabilities (5,247 ) (3,702 ) (616 ) Net cash provided by (used in) operating activities (3,378 ) (7,310 ) (19,851 ) CASH FLOWS FROM INVESTING ACTIVITIES: Proceeds from sale of available-for-sale securities 531 — — Proceeds from principal repayments on loans 8 7 9 Investment in subsidiary (17,000 ) (55,000 ) (42,073 ) Net cash used in investing activities (16,461 ) (54,993 ) (42,064 ) CASH FLOWS FROM FINANCING ACTIVITIES: Proceeds from exercise of common stock options 151 781 500 Proceeds from issuance of common stock 21,120 75,985 41,576 Tax effect from exercise of common stock options and vesting of restricted stock grants 2,531 5,526 4,856 Proceeds from issuance of subordinated notes 51,000 — — Cash dividends on preferred stock (309 ) (309 ) (309 ) Net cash provided by (used in) financing activities 74,493 81,983 46,623 NET CHANGE IN CASH AND CASH EQUIVALENTS 54,654 19,680 (15,292 ) CASH AND CASH EQUIVALENTS—Beginning of year 22,729 3,049 18,341 CASH AND CASH EQUIVALENTS—End of year $ 77,383 $ 22,729 $ 3,049

QUARTERLY FINANCIAL INFORMATION

QUARTERLY FINANCIAL INFORMATION (UNAUDITED)	12 Months Ended
	Jun. 30, 2016
Quarterly Financial Information Disclosure [Abstract]
QUARTERLY FINANCIAL INFORMATION (UNAUDITED)	QUARTERLY FINANCIAL INFORMATION (UNAUDITED) Quarters Ended in Fiscal Year 2016 (Dollars in thousands) June 30, March 31, December 31, September 30, Interest and dividend income $ 86,261 $ 84,282 $ 75,935 $ 71,229 Interest expense 17,106 14,725 12,764 12,101 Net interest income 69,155 69,557 63,171 59,128 Provision for loan losses 1,900 2,000 3,400 2,400 Net interest income after provision for loan losses 67,255 67,557 59,771 56,728 Non-interest income 17,015 23,316 16,220 9,789 Non-interest expense 32,985 29,408 27,445 22,918 Income before income taxes 51,285 61,465 48,546 43,599 Income tax expense 21,558 25,551 20,397 18,098 Net income $ 29,727 $ 35,914 $ 28,149 $ 25,501 Net income attributable to common stock $ 29,650 $ 35,837 $ 28,071 $ 25,424 Basic earnings per share 1 $ 0.46 $ 0.56 $ 0.44 $ 0.40 Diluted earnings per share 1 $ 0.46 $ 0.56 $ 0.44 $ 0.40 Quarters Ended in Fiscal Year 2015 (Dollars in thousands) June 30, March 31, December 31, September 30, Interest and dividend income $ 67,567 $ 62,911 $ 59,081 $ 54,805 Interest expense 12,273 12,246 10,970 9,930 Net interest income 55,294 50,665 48,111 44,875 Provision for loan losses 2,900 2,900 2,900 2,500 Net interest income after provision for loan losses 52,394 47,765 45,211 42,375 Non-interest income 10,278 8,366 6,697 5,249 Non-interest expense 20,752 20,343 18,937 17,446 Income before income taxes 41,920 35,788 32,971 30,178 Income tax expense 17,525 14,714 13,599 12,337 Net income $ 24,395 $ 21,074 $ 19,372 $ 17,841 Net income attributable to common stock $ 24,318 $ 20,997 $ 19,294 $ 17,764 Basic earnings per share 1 $ 0.39 $ 0.34 $ 0.32 $ 0.30 Diluted earnings per share 1 $ 0.39 $ 0.34 $ 0.32 $ 0.30 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.

ORGANIZATIONS AND SUMMARY OF 28

ORGANIZATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Jun. 30, 2016
Accounting Policies [Abstract]
Basis of Presentation and Consolidation	Basis of Presentation and Consolidation . The consolidated financial statements include the accounts of BofI Holding, Inc. and its wholly owned subsidiary, BofI Federal Bank (collectively, the “Company”). All significant intercompany balances have been eliminated in consolidation. Certain reclassifications were made to previously reported amounts in the unaudited condensed consolidated financial statements and notes thereto to make them consistent with the current period presentation.
Use of Estimates	Use of Estimates . In preparing consolidated financial statements in conformity with accounting principles generally accepted in the United States of America, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the balance sheet and reported amounts of revenues and expenses during the reporting period. Actual results may differ from those estimates. Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the allowance for loan losses, the assessment for other-than-temporary impairment on investment securities and the fair value of certain financial instruments.
Cash and cash equivalents	Cash and cash equivalents. The Bank’s cash, due from banks, money market mutual funds and federal funds sold, all of which have original maturities within 90 days , consist of cash and cash equivalents. Net cash flows are reported for customer deposit transactions.
Restrictions on Cash	Restrictions on Cash . Federal Reserve Board regulations require depository institutions to maintain certain minimum reserve balances.
Interest Rate Risk	Interest Rate Risk . The Bank’s assets and liabilities are generally monetary in nature and interest rate changes have an effect on the Bank’s performance. The Bank decreases the effect of interest rate changes on its performance by striving to match maturities and interest sensitivity between loans and deposits. A significant change in interest rates could have a material effect on the Bank’s results of operations.
Concentration of Credit Risk	Concentration of Credit Risk. The Bank’s loan portfolio was collateralized by various forms of real estate with approximately 68.0% of the mortgage portfolio located in California at June 30, 2016 . The Bank’s loan portfolio contains concentrations of credit in multifamily, single family, commercial, and home equity loans. The Bank believes its underwriting standards combined with its low LTV requirements substantially mitigate the risk of loss which may result from these concentrations. 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 as to 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 loan and lease 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.
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 amortized 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 it or 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 status. 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 or other gains on sale, based on the difference between sales proceeds and carrying value. Non-agency loans held for sale as of June 30, 2016 were 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 using pools of loans with similar characteristics. There may be times when loans have been classified as held for sale and 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	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. The allowance is decreased by the amount of charge-offs of loans deemed uncollectible. Allocations of the allowance may be made for specific loans and leases but the entire allowance is available for any loan or lease that, in management’s judgment, should be charged off. The allowance for loan and lease loss includes specific and general reserves. Specific reserves may be provided for impaired loans considered Troubled Debt Restructurings (“TDRs”). All other impaired loans and leases are written down through charge-offs to the fair value of collateral, less estimated selling cost, and no specific or general reserve is provided. A loan or lease is impaired when, based on current information and events, it is probable that the Company will be unable to collect all amounts due according to the contractual terms of the loan or lease agreement. Loans for which terms have been modified resulting in a concession and for which the borrower is experiencing financial difficulties are considered TDRs and classified as impaired. A loan is measured for impairment generally two different ways. If the loan or lease is primarily dependent upon the borrower to make payments, then impairment is calculated by comparing the present value of the expected future payments discounted at the effective loan rate to the carrying value of the loan. If the loan or lease is collateral dependent, the net proceeds from the sale of the collateral is compared to the carrying value of the loan. If the calculated amount is less than the carrying value of the loan or lease, the loan or lease has impairment. A general reserve is included in the allowance for loan and lease loss and is determined by adding the results of a quantitative and a qualitative analysis to all other loans and leases not measured for impairment at the reporting date. The quantitative analysis determines the Bank’s actual annual historic charge-off rates for the previous three fiscal years and applies the average historic rates to the outstanding loan and lease balances in each pool, the product of which is the general reserve amount. The qualitative analysis considers one or more of the following factors: changes in lending policies and procedures, changes in economic conditions, changes in the content of the portfolio, changes in lending management, changes in the volume of delinquency rates, changes to the scope of the loan and lease review system, changes in the underlying collateral of the loans and leases, changes in credit concentrations and any changes in the requirements to the credit loss calculations. A loss rate is estimated and applied to those loans and leases affected by the qualitative factors. The following portfolio segments have been identified: single family secured mortgage, home equity secured mortgage, single family warehouse and other, multi-family secured mortgage, commercial real estate and land secured mortgage, auto secured and recreational vehicles, factoring, commercial and industrial (“C&I”) and consumer and other. General loan and lease loss reserves are calculated by grouping each mortgage loan or lease by collateral type and by grouping the LTV ratios of each loan within the collateral type. An estimated allowance rate for each LTV group within each type of loan and lease is multiplied by the total principal amount in the group to calculate the required general reserve attributable to that group. Management uses an allowance rate that provides a larger loss allowance for loans with greater LTV ratios. General loan loss reserves for C&I loans are determined through a loan level grading system to base its projected loss rates. A matrix was created with a base loss rate with additional potential industry and volume risk adjustments, to calculate a loss rating for each deal. Given the lack of historical loss experience for this segment at the Company, an allowance loss range is based upon historical peer loss rates. General loan loss reserves for consumer loans are calculated by grouping each loan by credit score (e.g. FICO) at origination and applying an estimated allowance rate to each group. In addition to credit score grading, general loan loss reserves are increased for all consumer loans determined to be 90 days or more past due. Specific reserves or direct charge-offs are calculated when an internal asset review of a loan or lease identifies a significant adverse change in the financial position of the borrower or the value of the collateral. The specific reserve or direct charge-off is based on discounted cash flows, observable market prices or the estimated value of underlying collateral. Specific loan charge-offs on impaired loans are recorded as a write-off and a decrease to the allowance in the period the impairment is identified. A loan is classified as a TDR when management determines that an existing borrower is in financial distress and the borrower’s loan terms are modified to provide the borrower a financial concession (e.g. lower payment) that would not otherwise be provided by another lender based upon borrower’s current financial condition. TDRs are separately identified for impairment disclosures and are measured at the present value of estimated future cash flows using the loan’s effective rate at inception. If a TDR is considered to be a collateral dependent loan, the loan is reported, net, at the fair value of the collateral less cost to sell. For TDRs that subsequently default, the Company determines the amount of reserve in accordance with the accounting policy for the allowance for loan and lease losses. If the present value of estimated cash flows under the modified terms of a TDR discounted at the original loan effective rate is less than the book value of the loan before the TDR, the excess is specifically allocated to the loan in the allowance for loan losses. For the Company’s single family, commercial and multifamily loans, the allowance methodology takes into consideration the risk that the original borrower information may have adversely changed in two ways. First, in calculating the quantitative factor for the Company’s general loan and lease loss allowance, the actual loss experience is tracked and stratified by original LTV and year of origination. As a result, the Company uses relatively higher loss rates across the LTV bands for loans originated and purchased in years 2005 through 2008 compared to the same LTV ranges for loans originated before 2005 or after 2008. Second, the Company uses a number of qualitative factors to reflect additional risk. One qualitative loss factor is real estate valuation risk which is applied to each LTV band primarily based upon the year the real estate loan was originated or purchased. Based upon price appreciation indices, multifamily property values in years 2005 through 2008 experienced significant declines. As a result, the Company applies a relatively higher qualitative loss factor rate across the LTV bands for loans originated and purchased in years 2005 through 2008 compared to the same LTV ranges for loans originated or purchased before 2005 or after 2008. For the Company’s home equity loans, the allowance methodology takes into consideration the risk that the original borrower information may have adversely changed in two ways. First, in calculating the quantitative factor for the Company’s general loan loss allowance, the actual loss experience is tracked and stratified by original combined LTV (“CLTV”) of the first and second liens. As a result, the Company allocates higher loss rates in proportion to the greater the CLTV. Second, the Company uses a number of qualitative factors to reflect additional risk. The Company does not have any individual purchased home equity loans in its portfolio and given the limited time frame under which the Company originated home equity loans, 2006-2009, no additional risk allocation is used. For the Company’s single family – warehouse lines, the allowance methodology takes into consideration the structure of these loans, as they remain in the portfolio for a short period (usually less than a month) and have higher credit protection allocated compared to traditional single family originations. A matrix was created to reflect most current operating levels of capital and line usage, which calculates a loss rating to assign to each originator. For the Company’s factoring loans, the allowance methodology takes into consideration the credit quality of the insurance company or state securing the loan. The Company obtains credit ratings for these entities through agencies such as AM Best and allocates an allowance allocation based on these ratings. For the Company’s C&I leveraged loans and bridge loans, the allowance methodology incorporates a loan level grading system and risk adjusters. Industry loss rates are applied to determine the loss allowance for each of these loans based upon their internal grading. The loss rate is then subject to risk adjustments increasing or decreasing the base loss rate depending upon the health of the borrower’s industry, the size of the company, or in the case of bridge loans, based upon the income generated by the property and the strength of the guarantor. For the Company’s automobile (“auto”) and recreational vehicle (“RV”) loan portfolio, the allowance methodology takes into consideration potential adverse changes to the borrower’s financial condition since time of origination. The general loan loss reserves for auto and RV are stratified based upon borrower FICO scores. First, to account for potential deterioration of borrower’s credit history since time of origination, due to downturn in the economy or other factors, the Company refreshes the FICO scores used to drive the allowance on a semi-annual basis. The Company believes that current borrower credit history is a better predictor of potential loss than that was used at time of origination. Second, the Company uses a number of qualitative factors to reflect additional risk.
Mortgage Servicing Rights	Mortgage Servicing Rights. Mortgage servicing rights are recorded as separate assets on our consolidated balance sheets when the Company retains the right to service loans that we have sold.
Mortgage Banking Derivatives	Mortgage Banking Derivatives. Commitments to fund mortgage loans (interest rate locks) to be sold into the secondary market and forward commitments for the future delivery of these mortgage loans are accounted for as free standing derivatives. Fair values of these mortgage derivatives are estimated based on changes in mortgage interest rates from the date the interest on the loan is locked. The Company enters into forward commitments for the future delivery of mortgage loans when interest rate locks are entered into, in order to hedge the change in interest rates resulting from its commitments to fund the loans. Changes in the fair values of these derivatives are included in mortgage banking income.
Furniture, Equipment and Software	Furniture, Equipment and Software . Fixed asset purchases in excess of five hundred dollars are capitalized and recorded at cost. Depreciation is computed using the straight-line method over the estimated useful lives of the assets, which are three to seven years. Leasehold improvements are amortized over the lesser of the assets’ useful lives or the lease term.
Income Taxes	Income Taxes . Income tax expense is the total of the current year income tax due or refundable and the change in deferred tax assets and liabilities. Deferred income tax assets and liabilities are determined using the liability (or balance sheet) method. Under this method, the net deferred tax asset or liability is determined based on the tax effects of the temporary differences between the book and tax bases of the various balance sheet assets and liabilities and gives current recognition to changes in tax rates and laws. The Company records a valuation allowance when management believes it is more likely than not that deferred tax assets will not be realized. An income tax position will be recognized as a benefit only if it is more likely than not that it will be sustained upon IRS examination, based upon its technical merits. Once that status is met, the amount recorded will be the largest amount of benefit that is greater than 50 percent likely of being realized upon ultimate settlement. The Company recognizes interest and/or penalties related to income tax matters in the income tax expense.
Earnings per Share	Earnings per Share . Earnings per share (“EPS”) are presented under two formats: basic EPS and diluted EPS. Basic EPS is computed by dividing the net income attributable to common stock (net income after deducting dividends on preferred stock) by the sum of the weighted-average number of common shares outstanding during the year and the unvested average of restricted stock unit shares. Diluted EPS is computed by dividing the sum of net income attributable to common stock and dividends on diluted preferred stock by the sum of the weighted-average number of common shares outstanding during the year and the impact of dilutive potential common shares, such as stock options and convertible preferred stock.
Stock-Based Compensation	Stock-Based Compensation . Compensation cost is recognized for stock options and restricted stock awards issued to employees, based on the fair value of these awards at the date of grant. A Black-Scholes model is utilized to estimate fair value of the stock options, while market price of the Company’s common stock at the date of grant is used for restricted stock awards. Compensation cost is recognized over the required service period, generally defined as the vesting period. For awards with graded vesting, compensation cost is recognized on a straight-line basis over the requisite service period for the entire award.
Federal Home Loan Bank (FHLB) stock	Federal Home Loan Bank (“FHLB”) stock . The Bank is a member of the FHLB system. Members are required to own a certain amount of FHLB stock based on the level of borrowings and other factors, and may invest in additional amounts. FHLB stock is carried at cost, classified as a restricted security, and periodically evaluated for impairment based on ultimate recovery of par value.
Cash Surrender Value of Life Insurance	Cash Surrender Value of Life Insurance . The Bank has purchased life insurance policies on certain key executives. Bank owned life insurance is recorded at the amount that can be realized under the insurance contract at the balance sheet date, which is the cash surrender value adjusted for other amounts due that are probable at settlement.
Loan Commitments and Related Financial Instruments	Loan Commitments and Related Financial Instruments . Financial instruments include off-balance sheet credit instruments, such as commitments to make loans and commercial letters of credit, issued to meet customer financing needs. The face amount for these items represents the exposure to loss, before considering customer collateral or ability to repay. Such financial instruments are recorded when they are funded.
Comprehensive Income	Comprehensive Income . Comprehensive income consists of net income and other comprehensive income. Other comprehensive income includes unrealized gains and losses on securities available-for-sale, which are also recognized as separate components of equity.
Loss Contingencies	Loss Contingencies . Loss contingencies, including claims and legal actions arising in the ordinary course of business, are recorded as liabilities when the likelihood of loss is probable and an amount or range of loss can be reasonably estimated. Management does not believe there are now such matters that will have a material effect on the financial statements.
Dividend Restriction	Dividend Restriction . Banking regulations require maintaining certain capital levels and may limit the dividends paid by the Bank to the holding company.
Fair Value of Financial Instruments	Fair Value of Financial Instruments . Fair values of financial instruments are estimated using relevant market information and other assumptions, as more fully disclosed in Note 2. Fair value estimates involve uncertainties and matters of significant judgment regarding interest rates, credit risk, prepayments, and other factors, especially in the absence of broad markets for particular items. Changes in assumptions or in market conditions could significantly affect the estimates. 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. 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 over-collateralization. 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 and lease loss 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 June 30, 2016 , the Company’s forecast of cash flows for both securities includes actual and forecasted defaults and deferrals totaling 16.5% of all banks in the collateral pools, compared to 15.4% of the banks actually in default as of June 30, 2016 . The expected cash flows reflect the Company’s best estimate of all pool losses which are then applied to the over-collateralization 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 June 30, 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 factors, the timing of forecasted defaults and the discount rate applied to cash flows. The fair value of the trading securities at June 30, 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 $808 . 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 $934 . 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, RMBS issued by non-agencies, municipal securities as well as other debt securities. Held-to-maturity securities are recorded at amortized cost and consist of RMBS issued by U.S. agencies, RMBS issued by non-agencies, as well as municipal securities. Fair value for U.S. agency securities and municipal securities are 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. The Company inputs for each security a projection of monthly default rates, loss severity rates and voluntary prepayment rates for the underlying mortgages for the remaining life of the 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 or decreased by the forecasted increase or decrease 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 most updated unemployment rate reported in May 2016 was 4.7% . Consensus estimates for unemployment are that the rate will continue to decline. Going forward, the Company is projecting lower monthly default rates. The Company projects that severities will continue to improve. 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 June 30, 2016 are from 1.5% up to 17.8% 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 range of loss severity rates applied to each default used in the Company’s projections at June 30, 2016 are from 40.0% up to 68.8% 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. 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 June 30, 2016 , the Company computed its discount rates as a spread between 245 and 820 basis points over the LIBOR Index using the LIBOR forward 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. The Bank’s estimate of fair value for non-agency securities using Level 3 pricing is highly subjective and is based on the Bank’s estimate of voluntary prepayments, default rates, severities and discount margins, which are forecasted monthly over the remaining life of each security. Changes in one or more of these assumptions can cause a significant change in the estimated fair value. For further details see the table later in this note that summarizes quantitative information about level 3 fair value measurements. Loans Held for Sale. The fair value of mortgage loans held for sale is determined by pricing for comparable assets or by outstanding commitments from third party investors, resulting in a Level 2 classification. 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 or 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 . 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 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 securities based upon prices in active markets for identical securities or based on quoted market prices of similar assets used to form a dealer quote or a pricing matrix, resulting in a Level 2 classification, or derivatives requiring unobservable inputs resulting in Level 3 classification. 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.
Operating Segments	Operating Segments . While the chief decision-makers monitor the revenue streams of the various products and services, operations are managed and financial performance is evaluated on a Company-wide basis. Accordingly, all of the financial service operations are considered by management to be one reportable operating segment.
New Accounting Pronouncements	New Accounting Pronouncements. In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2014-09, Revenue from Contracts with Customers (Topic 606), which completes the joint effort by the FASB and the International Accounting Standards Board to improve financial reporting by creating common revenue recognition guidance for GAAP and the International Financial Reporting Standards. ASU 2014-09, which clarifies the principles for recognizing revenue from contracts with customers, does not apply to financial instruments. ASU 2015-14 provided an extension to the original effective date and the amendments are effective for annual and interim periods, beginning December 2017. The Company is currently evaluating the potential impact of ASU 2014-09, but does not expect it to have a material impact on the Company’s consolidated financial statements. In April 2015, the FASB issued ASU 2015-03, Interest – Imputation of Interest (Subtopic 835-30); Simplifying the Accounting for Measurement-Period Adjustments (“ASU 2015-03”) which was issued to simplify the presentation of Debt issuance costs. ASU 2015-03 guidance requires that debt issuance costs related to a recognized debt liability be presented on the statement of financial condition as a direct deduction from the carrying amount of that debt liability, consistent with the presentation of debt discounts. The amendments are effective for annual and interim periods, beginning after December 15, 2015, including interim periods within those fiscal years. The Company is currently evaluating the potential impact of ASU 2016-13, but does not expect it to have a material impact on the Company’s consolidated financial statements. In February 2016, the FASB issued ASU No. 2016-02 (“ASU 2016-02”), Leases. The new standard establishes a right-of-use model that requires a lessee to record a right of use asset and a lease liability on the balance sheet for all leases with terms longer than 12 months. Leases will be classified as either finance or operating, with classification affecting the pattern of expense recognition in the income statement. ASU 2016-02 is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. A modified retrospective transition approach is required for lessees for capital and operating leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements, with certain practical expedients available. The Company is currently evaluating the potential impact of ASU 2016-02. In June 2016, the FASB issued ASU 2016-13 Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments (“ASU 2016-13”), which (i) significantly changes the impairment model for most financial assets that are measured at amortized cost and certain other instruments from an incurred loss model to an expected loss model; and (ii) provides for recording credit losses on available-for-sale debt securities through an allowance account. ASU 2016-13 also requires certain incremental disclosures. ASU 2016-13 takes effect in 2020 for SEC filers and in 2021 for all other entities including public business entities other than SEC filers. The amendments are effective for annual and interim periods, beginning after December 15, 2018, including interim periods within those fiscal years. The Company is currently evaluating the potential impact of ASU 2016-13.
Fair Value Measurement	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. ASC Topic 820 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 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 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 are 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 (Tables)

FAIR VALUE (Tables)	12 Months Ended
	Jun. 30, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value Assets and Liabilities Measured on Recurring Basis	The following table sets forth the Company’s financial assets and liabilities measured at fair value on a recurring basis. Assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement: June 30, 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 $ — $ — $ 7,584 $ 7,584 Securities—Available-for-Sale: Agency Debt — — — — Agency RMBS — 33,722 — 33,722 Non-Agency RMBS — — 9,364 9,364 Municipal — 34,719 — 34,719 Other Debt Securities — 187,642 — 187,642 Total—Securities—Available-for-Sale $ — $ 256,083 $ 9,364 $ 265,447 Loans Held for Sale $ — $ 20,871 $ — $ 20,871 Mortgage servicing rights $ — $ — $ 3,943 $ 3,943 Other assets—Derivative instruments $ — $ — $ 2,202 $ 2,202 LIABILITIES: Other liabilities—Derivative instruments $ — $ — $ 884 $ 884 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 Debt — — — — 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 $ — $ — $ — $ —
Level 3, Fair Value, Assets Measured on Recurring Basis	The following table presents 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: Year Ended June 30, 2016 (Dollars in thousands) Securities- Securities- Mortgage Servicing Rights Derivative Instruments, net Total Assets: 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 — (1,174 ) — — (1,174 ) Included in earnings—Fair value gain(loss) on trading securities (248 ) — — — (248 ) Included in earnings—Mortgage banking income — — (889 ) (943 ) (1,832 ) Included in other comprehensive income — (2,380 ) — — (2,380 ) Purchases, issues, sales and settlements: — Purchases — — 2,734 — 2,734 Issues — — — — — Sales — (6,974 ) — — (6,974 ) Settlements — (6,313 ) — — (6,313 ) Other-than-temporary impairment — (428 ) — — (428 ) Closing balance $ 7,584 $ 9,364 $ 3,943 $ 1,318 $ 22,209 Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period $ (248 ) $ (1,174 ) $ (889 ) $ (943 ) $ (3,254 ) Year Ended June 30, 2015 (Dollars in thousands) Securities- Securities- Mortgage Servicing Rights Derivative Instruments, net Total Assets: 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—Fair value gain(loss) on trading securities (234 ) — — — (234 ) Included in earnings—Mortgage banking income — — (265 ) 1,386 1,121 Included in other comprehensive income — (1,325 ) — — (1,325 ) Purchases, issues, sales and settlements: — Purchases — — 1,801 — 1,801 Issues — — — — — Sales — — — — — Settlements — (8,518 ) — — (8,518 ) Other-than-temporary impairment — (933 ) — — (933 ) Closing balance $ 7,832 $ 26,633 $ 2,098 $ 2,261 $ 38,824 Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period $ (234 ) $ (1,325 ) $ (265 ) $ 1,386 $ (438 )
Level 3, Change in Unrealized Gain (Loss) and Interest income Included in Earnings	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: Year Ended June 30, (Dollars in thousands) 2016 2015 2014 Interest income on investments $ 245 $ 223 $ 230 Fair value adjustment (248 ) (234 ) 955 Total $ (3 ) $ (11 ) $ 1,185
Fair Value Assets Measured on Nonrecurring Basis	The table below summarizes the fair value of assets measured for impairment on a non-recurring basis: June 30, 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) Balance Impaired Loans: Single family real estate secured: Mortgage $ — $ — $ 28,610 $ 28,610 Home equity — — 33 33 Multifamily real estate secured — — 2,218 2,218 Commercial real estate secured — — 254 254 Auto and RV secured — — 278 278 Other — — 676 676 Total $ — $ — $ 32,069 $ 32,069 Other real estate owned and foreclosed assets: Multifamily real estate $ — $ — $ 207 $ 207 Autos and RVs — — 45 45 Total $ — $ — $ 252 $ 252 HTM Securities – Non-agency MBS $ — $ — $ 79,164 $ 79,164 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 $ — $ — $ 463 $ 463 Multifamily real estate — — 762 762 Autos and RVs — — 15 15 Total $ — $ — $ 1,240 $ 1,240 HTM Securities – Non-agency MBS $ — $ — $ 88,094 $ 88,094
Fair Value, Loans Held For Sale	The aggregate fair value, contractual balance (including accrued interest), and gain was as follows At June 30, (Dollars in thousands) 2016 2015 2014 Aggregate fair value $ 20,871 $ 25,430 $ 20,575 Contractual balance 20,226 24,886 20,138 Gain $ 645 $ 544 $ 437 The total amount of gains and losses from changes in fair value included in earnings for the period indicated below for loans held for sale were: At June 30, (Dollars in thousands) 2016 2015 2014 Interest income $ 826 $ 671 $ 545 Change in fair value (846 ) 1,505 (1,526 ) Total change in fair value $ (20 ) $ 2,176 $ (981 )
Fair Value, by Balance Sheet Grouping	The carrying amount and estimated fair values of financial instruments at year-end were as follows: June 30, 2016 (Dollars in thousands) Carrying Level 1 Level 2 Level 3 Total Fair Value Financial assets: Cash and cash equivalents $ 486,727 $ 486,727 $ — $ — $ 486,727 Securities trading 7,584 — — 7,584 7,584 Securities available-for-sale 265,447 — 256,083 9,364 265,447 Securities held-to-maturity 199,174 — 77,415 125,262 202,677 Loans held for sale, at fair value 20,871 — 20,871 — 20,871 Loans held for sale, at lower of cost or fair value 33,530 — — 33,530 33,530 Loans and leases held for investment—net 6,354,679 — — 6,640,918 6,640,918 Accrued interest receivable 26,201 — — 26,201 26,201 Mortgage servicing rights 3,943 — — 3,943 3,943 Financial liabilities: Total deposits 6,044,051 — 5,946,991 — 5,946,991 Securities sold under agreements to repurchase 35,000 — 36,391 — 36,391 Advances from the Federal Home Loan Bank 727,000 — 747,940 — 747,940 Subordinated notes and debentures 58,066 — 58,299 — 58,299 Accrued interest payable 1,667 — 1,667 — 1,667 June 30, 2015 (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: Total deposits 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
Fair Value, Measurements, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value Inputs, Assets, Quantitative Information	The table below summarizes the quantitative information about Level 3 fair value measurements at the periods indicated: June 30, 2016 (Dollars in thousands) Fair Value Valuation Technique Unobservable Inputs Range (Weighted Average) Securities – Trading $ 7,584 Discounted Cash Flow Total Projected Defaults, Discount Rate over Treasury 11.7 to 21.0% (16.5%) 5.0 to 5.0% (5.0%) Securities – Non-agency MBS $ 9,364 Discounted Cash Flow Projected Constant Prepayment Rate, Projected Constant Default Rate, Projected Loss Severity, Discount Rate over LIBOR 9.1 to 20.6% (14.2%) 1.5 to 13.6% (6.1%) 40.0 to 68.8% (51.5%) 2.5 to 2.9% (2.8%) Mortgage Servicing Rights $ 3,943 Discounted Cash Flow Projected Constant Prepayment Rate, Life (in years), Discount Rate 7.8 to 21.8% (10.6%) 3.5 to 7.1 (6.2) 9.5 to 10.5% (9.5%) Derivative Instruments $ 1,318 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 Inputs Range (Weighted Average) Securities – Trading $ 7,832 Discounted Cash Flow Total Projected Defaults, Discount Rate over Treasury 18.8 to 29.8% (24.6%) 4.8 to 4.8% (4.8%) Securities – Non-agency MBS $ 26,633 Discounted Cash Flow Projected Constant Prepayment Rate, 6.3 to 29.5% (13.0%) 1.5 to 19.6% (5.6%) 37.6 to 66.5% (51.1%) 2.4 to 3.0% (2.9%) 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) 9.5 to 10.5% (9.7%) Derivative Instruments $ 2,261 Sales Comparison Approach Projected Sales Profit of Underlying Loans 0.5 to 1.3% (0.8%)
Fair Value, Measurements, Nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value Inputs, Assets, Quantitative Information	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: June 30, 2016 (Dollars in thousands) Fair Value Valuation Technique Unobservable Input Range (Weighted Average) 1 Impaired Loans: Single family real estate secured: Mortgage $ 28,610 Sales comparison approach Adjustment for differences between the comparable sales -40.6 to 69.5% (6.2%) Home equity $ 33 Sales comparison approach Adjustment for differences between the comparable sales -27.2 to 0.0% (-11.1%) Multifamily real estate secured $ 2,218 Sales comparison approach and income approach Adjustment for differences between the comparable sales and adjustments for differences in net operating income expectations, capitalization rate -29.7 to 58.0% (3.0%) Commercial real estate secured $ 254 Sales comparison approach and income approach Adjustment for differences between the comparable sales and adjustments for differences in net operating income expectations, capitalization rate 0.0 to 66.7% (33.3%) Auto and RV secured $ 278 Sales comparison approach Adjustment for differences between the comparable sales 0.0 to 22.8% (10.6%) Other $ 676 Discounted cash flow Projected Constant Prepayment Rate, Projected Constant Default Rate, Projected Loss Severity, Discount Rate 0.0 to 0.0% (0.0%) 0.0 to 10.0% (5.0%) 100.0 to 100.0% (100.0%) 6.6 to 8.0% (7.3%) Other real estate owned and foreclosed assets: Multifamily real estate $ 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 0.0 to 25.0% (12.5%) Autos and RVs $ 45 Sales comparison approach Adjustment for differences between the comparable sales 0.0 to 20.6% (10.2%) HTM Securities – Non-agency MBS $ 79,164 Discounted cash flow Projected Constant Prepayment Rate, Projected Constant Default Rate, Projected Loss Severity, Discount Rate over LIBOR 2.6 to 48.8% (12.0%) 1.5 to 17.8% (5.7%) 40.0 to 65.9% (56.5%) 2.9 to 8.2% (5.7%) _____________________ 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. June 30, 2015 (Dollars in thousands) Fair Value Valuation Technique 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, capitalization rate -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, capitalization rate -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 and foreclosed assets: Single family real estate $ 463 Sales comparison approach Adjustment for differences between the comparable sales -20.3 to 12.1% (-4.1%) Multifamily real estate $ 762 Sales comparison approach and income approach Adjustment for differences between the comparable sales and adjustments for differences in net operating income expectations, capitalization rate -37.1 to 48.6% (5.7%) Autos and RVs $ 15 Sales comparison approach Adjustment for differences between the comparable sales 0.0 to 20.7% (10.3%) HTM Securities – Non-agency MBS $ 88,094 Discounted cash flow Projected Constant Prepayment Rate, 5.0 to 43.8% (10.5%) _____________________ 1 For impaired loans and other real estate owned the ranges shown may vary positively or negatively based on the comparable sales reported in the current appraisal. In certain instances, the range can be significant due to small sample sizes and in some cases the property being valued having limited comparable sales with similar characteristics at the time the current appraisal is conducted.

SECURITIES (Tables)

SECURITIES (Tables)	12 Months Ended
	Jun. 30, 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 for the following periods were: June 30, 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 $ — $ 33,256 $ 489 $ (23 ) $ 33,722 $ 35,067 $ 843 $ (1 ) $ 35,909 Non-agency 2 — 9,043 321 — 9,364 128,211 7,095 (10,044 ) 125,262 Total mortgage-backed securities — 42,299 810 (23 ) 43,086 163,278 7,938 (10,045 ) 161,171 Other debt securities: U.S. agencies 1 — — — — — — — — — Municipal — 34,543 185 (10 ) 34,718 35,896 5,610 — 41,506 Non-agency 7,584 186,316 1,501 (174 ) 187,643 — — — — Total other debt securities 7,584 220,859 1,686 (184 ) 222,361 35,896 5,610 — 41,506 Total debt securities $ 7,584 $ 263,158 $ 2,496 $ (207 ) $ 265,447 $ 199,174 $ 13,548 $ (10,045 ) $ 202,677 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: U.S. agencies 1 — — — — — — — — — Municipal — 21,731 390 (86 ) 22,035 35,976 4,074 — 40,050 Non-agency 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.
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: June 30, 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 $ — $ — $ 5,094 $ (23 ) $ 5,094 $ (23 ) $ 129 $ (1 ) $ — $ — $ 129 $ (1 ) Non-agency — — — — — — 15,011 (419 ) 53,372 (9,625 ) 68,383 (10,044 ) Total RMBS securities — — 5,094 (23 ) 5,094 (23 ) 15,140 (420 ) 53,372 (9,625 ) 68,512 (10,045 ) Other debt: U.S. agencies — — — — — — — — — — — — Municipal debt 10,267 (10 ) — — 10,267 (10 ) — — — — — — Non-agency 5,566 (5 ) 16,963 (169 ) 22,529 (174 ) — — — — — — Total other debt 15,833 (15 ) 16,963 (169 ) 32,796 (184 ) — — — — — — Total debt securities $ 15,833 $ (15 ) $ 22,057 $ (192 ) $ 37,890 $ (207 ) $ 15,140 $ (420 ) $ 53,372 $ (9,625 ) $ 68,512 $ (10,045 ) 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 anticipated credit loss recognized in the income statement through other-than-temporary impairment charges, which reduced non-interest income: At June 30, (Dollars in thousands) 2016 2015 2014 Beginning balance $ (20,503 ) $ (18,138 ) $ (15,336 ) Additions for the amounts related to the credit loss for which an other-than-temporary impairment was not previously recognized (112 ) (742 ) (206 ) Increases to the amount related to the credit loss for which other-than-temporary impairment was previously recognized (453 ) (1,623 ) (2,596 ) Credit losses realized for securities sold 203 — Ending balance $ (20,865 ) $ (20,503 ) $ (18,138 )
Schedule of Realized Gain (Loss)	The gross gains and losses realized through earnings upon the sale of available-for-sale securities were as follows: At June 30, (Dollars in thousands) 2016 2015 2014 Proceeds $ 14,969 $ 9,614 $ 3,723 Gross realized gains $ 1,427 $ 587 $ — Net gain on securities $ 1,427 $ 587 $ —
Unrealized Gain (Loss) on Investments	The Company records unrealized gains and unrealized losses in accumulated other comprehensive loss as follows: At June 30, (Dollars in thousands) 2016 2015 Available-for-sale debt securities—net unrealized gains $ 2,288 $ 3,877 Available-for-sale debt securities—non-credit related (138 ) (271 ) Held-to-maturity debt securities—non-credit related (14,129 ) (18,597 ) Subtotal (11,979 ) (14,991 ) Tax benefit 4,675 5,592 Net unrealized loss on investment securities in accumulated other comprehensive loss $ (7,304 ) $ (9,399 )
Investments Classified by Contractual Maturity Date	The expected maturity distribution of the Company’s mortgage-backed securities and the contractual maturity distribution of the Company’s other debt securities classified as available-for-sale and held-to-maturity were: June 30, 2016 Available-for-sale Held-to-maturity Trading (Dollars in thousands) Amortized Cost Fair Value Carrying Amount Fair Value Fair Value RMBS—U.S. agencies 1 : Due within one year $ 3,206 $ 3,239 $ 1,168 $ 1,226 $ — Due one to five years 10,115 10,234 4,532 4,751 — Due five to ten years 8,233 8,350 5,201 5,439 — Due after ten years 11,702 11,899 24,166 24,493 — Total RMBS—U.S. agencies 1 33,256 33,722 35,067 35,909 — RMBS—Non-agency: Due within one year 2,917 3,018 15,953 15,778 — Due one to five years 4,677 4,852 46,229 45,859 — Due five to ten years 1,136 1,165 36,350 35,503 — Due after ten years 313 329 29,679 28,122 — Total RMBS—Non-agency 9,043 9,364 128,211 125,262 — Other debt: Due within one year 101,272 101,653 1,060 1,221 — Due one to five years 111,227 112,240 4,922 5,668 — Due five to ten years 4,457 4,526 7,725 8,900 — Due after ten years 3,903 3,942 22,189 25,717 7,584 Total other debt 220,859 222,361 35,896 41,506 7,584 Total $ 263,158 $ 265,447 $ 199,174 $ 202,677 $ 7,584 1 Residential mortgage-backed security (RMBS) distributions include impact of expected prepayments and other timing factors.

LOANS, LEASES & ALLOWANCE FOR31

LOANS, LEASES & ALLOWANCE FOR LOAN AND LEASE LOSSES (Tables)	12 Months Ended
	Jun. 30, 2016
Receivables [Abstract]
Schedule of Loans by Class	The following table sets forth the composition of the loan and lease portfolio as of the dates indicated: At June 30, (Dollars in thousands) 2016 2015 Single family real estate secured: Mortgage $ 3,678,520 $ 2,980,795 Home equity 2,470 3,604 Warehouse and other 1 537,714 385,413 Multifamily real estate secured 1,373,216 1,185,531 Commercial real estate secured 121,746 61,403 Auto and RV secured 73,676 13,140 Factoring 98,275 122,200 Commercial & Industrial 514,300 248,584 Consumer and other 2,542 601 Total gross loans and leases 6,402,459 5,001,271 Allowance for loan and lease losses (35,826 ) (28,327 ) Unaccreted discounts and loan and lease fees (11,954 ) (44,326 ) Total net loans and leases $ 6,354,679 $ 4,928,618 _______________________________________ 1. The balance of single family warehouse loans was $173,148 at June 30, 2016 and $122,003 at June 30, 2015 . The remainder of the balance was 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 segment for the periods indicated: June 30, 2016 Single Family (Dollars in thousands) Mortgage Home Warehouse & Other Multi- Commercial Auto and RV secured Factoring Commercial & Industrial Consumer & Other 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 5,040 (134 ) 806 (311 ) (1,056 ) 854 (47 ) 1,748 2,800 9,700 Charge-offs (205 ) (3 ) — (114 ) (147 ) (339 ) — — — (808 ) Transfers to held for sale — — — — — — — — (2,727 ) (2,727 ) Recoveries 167 38 — — 982 147 — — — 1,334 Balance at June 30, 2016 $ 18,666 $ 23 $ 2,685 $ 3,938 $ 882 $ 1,615 $ 245 $ 7,630 $ 142 $ 35,826 June 30, 2015 Single Family (Dollars in thousands) Mortgage Home Warehouse & Other Multi- Commercial Auto and RV secured Factoring Commercial & Industrial Consumer & Other 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 6,305 (1 ) 620 922 224 288 13 2,834 (5 ) 11,200 Charge-offs (747 ) (43 ) — (344 ) (156 ) (271 ) — — — (1,561 ) Recoveries 147 32 — — — 124 — — 12 315 Balance at June 30, 2015 $ 13,664 $ 122 $ 1,879 $ 4,363 $ 1,103 $ 953 $ 292 $ 5,882 $ 69 $ 28,327 June 30, 2014 Single Family (Dollars in thousands) Mortgage Home Warehouse & Other Multi- Commercial Auto and RV secured Factoring Commercial & Industrial Consumer & Other Total Balance at July 1, 2013 $ 4,812 $ 183 $ 1,250 $ 3,186 $ 1,378 $ 1,536 $ 201 $ 1,623 $ 13 $ 14,182 Provision for loan and lease loss 3,214 3 9 708 12 (142 ) 78 1,425 43 5,350 Charge-offs (125 ) (98 ) — (359 ) (355 ) (620 ) — — (34 ) (1,591 ) Recoveries 58 46 — 250 — 38 — — 40 432 Balance at June 30, 2014 $ 7,959 $ 134 $ 1,259 $ 3,785 $ 1,035 $ 812 $ 279 $ 3,048 $ 62 $ 18,373 The following table summarizes activity in the allowance for loan and lease losses for the periods indicated: At June 30, (Dollars in thousands) 2016 2015 2014 Balance—beginning of period $ 28,327 $ 18,373 $ 14,182 Provision for loan and lease loss 9,700 11,200 5,350 Charged off (808 ) (1,561 ) (1,591 ) Transfers to held for sale (2,727 ) — — Recoveries 1,334 315 432 Balance—end of period $ 35,826 $ 28,327 $ 18,373
Impaired Financing Receivables	The following tables present our loans and leases evaluated individually for impairment by portfolio class for the periods indicated: June 30, 2016 (Dollars in thousands) Unpaid Principal Balance Adjustment Unpaid Book Balance Accrued Interest/Origination Fees Recorded Related With no related allowance recorded: Single family real estate secured: Mortgage In-house originated $ 8,989 $ 727 $ 8,262 $ 657 $ 8,919 $ — Purchased 5,852 2,132 3,720 110 3,830 — Multifamily real estate secured Purchased 2,520 1,093 1,427 — 1,427 — Commercial real estate secured Purchased 629 375 254 61 315 — Auto and RV secured In-house originated 902 663 239 10 249 — With an allowance recorded: Single family real estate secured: Mortgage In-house originated 14,696 — 14,696 65 14,761 575 Purchased 1,932 — 1,932 5 1,937 46 Home equity In-house originated 33 — 33 — 33 1 Multifamily real estate secured In-house originated 791 — 791 65 856 1 Auto and RV secured In-house originated 39 — 39 4 43 2 Consumer and other 676 — 676 — 676 67 Total $ 37,059 $ 4,990 $ 32,069 $ 977 $ 33,046 $ 692 As a % of total gross loans and leases 0.58 % 0.08 % 0.50 % 0.02 % 0.52 % 0.01 % June 30, 2015 (Dollars in thousands) Unpaid Principal Balance Adjustment Unpaid Book Balance Accrued Interest/Origination Fees Recorded Related With no related allowance recorded: Single family real estate secured: 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 table summarizes the composition of the impaired loans and leases: At June 30, (Dollars in thousands) 2016 2015 2014 Non-performing loans and leases—90+ days past due plus other non-accrual loans and leases $ 28,790 $ 25,873 $ 16,390 Troubled debt restructured loans—non-accrual 3,069 4,958 3,995 Troubled debt restructured loans—performing 210 217 2,379 Total impaired loans and leases $ 32,069 $ 31,048 $ 22,764
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: June 30, 2016 Single Family (Dollars in thousands) Mortgage Home Warehouse & Other Multi- Commercial Auto and RV secured Factoring Commercial & Industrial Consumer & Other Total Allowance for loan and lease losses: Ending allowance balance attributable to loans and leases: Individually evaluated for impairment $ 621 $ 1 $ — $ 1 $ — $ 2 $ — $ — $ 67 $ 692 Collectively evaluated for impairment 18,045 22 2,685 3,937 882 1,613 245 7,630 75 35,134 Total ending allowance balance $ 18,666 $ 23 $ 2,685 $ 3,938 $ 882 $ 1,615 $ 245 $ 7,630 $ 142 $ 35,826 Loans and leases: Loans and leases individually evaluated for impairment 1 $ 28,610 $ 33 $ — $ 2,218 $ 254 $ 278 $ — $ — $ 676 $ 32,069 Loans and leases collectively evaluated for impairment 3,649,910 2,437 537,714 1,370,998 121,492 73,398 98,275 514,300 1,866 6,370,390 Principal loan and lease balance 3,678,520 2,470 537,714 1,373,216 121,746 73,676 98,275 514,300 2,542 6,402,459 Unaccreted discounts and loan and lease fees 13,142 24 (2,200 ) 3,957 542 975 (30,533 ) 2,172 (33 ) (11,954 ) Accrued interest receivable 12,460 2 1,870 5,409 389 169 327 2,202 3 22,831 Total recorded investment in loans and leases $ 3,704,122 $ 2,496 $ 537,384 $ 1,382,582 $ 122,677 $ 74,820 $ 68,069 $ 518,674 $ 2,512 $ 6,413,336 1 Loans and leases evaluated for impairment include TDRs that have been performing for more than six months. June 30, 2015 Single Family (Dollars in thousands) Mortgage Home Warehouse & Other Multi- Commercial Auto and RV secured Factoring Commercial & Industrial Consumer & 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: At June 30, (Dollars in thousands) 2016 2015 Nonaccrual loans and leases: Single Family Real Estate Secured: Mortgage In-house originated $ 22,958 $ 16,485 Purchased 5,442 6,357 Home Equity In-house originated 33 9 Multifamily Real Estate Secured In-house originated 791 3,430 Purchased 1,427 1,969 Commercial Real Estate Secured Purchased 254 2,128 Total nonaccrual loans secured by real estate 30,905 30,378 Auto and RV Secured 278 453 Consumer and other 676 — Total nonperforming loans and leases $ 31,859 $ 30,831 Nonperforming loans and leases to total loans and leases 0.50 % 0.62 %
Schedule Of Loans Performing And NonPerforming	The following tables provide the outstanding unpaid balance of loans and leases that are performing and non-performing by portfolio class as of the dates indicated: June 30, 2016 Single Family (Dollars in thousands) Mortgage Home Warehouse & Other Multi- Commercial Auto and RV secured Factoring Commercial & Industrial Other Total Performing $ 3,650,120 $ 2,437 $ 537,714 $ 1,370,998 $ 121,492 $ 73,398 $ 98,275 $ 514,300 $ 1,866 $ 6,370,600 Non-performing 28,400 33 — 2,218 254 278 — — 676 31,859 Total $ 3,678,520 $ 2,470 $ 537,714 $ 1,373,216 $ 121,746 $ 73,676 $ 98,275 $ 514,300 $ 2,542 $ 6,402,459 June 30, 2015 Single Family (Dollars in thousands) Mortgage Home Warehouse & Other Multi- Commercial 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: June 30, 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 $ 3,578,629 $ 71,491 — $ 3,650,120 $ 1,270,379 $ 100,619 $ 1,370,998 $ 109,370 $ 12,122 $ 121,492 Non-performing 22,958 5,442 28,400 791 1,427 2,218 — 254 254 Total $ 3,601,587 $ 76,933 $ 3,678,520 $ 1,271,170 $ 102,046 $ 1,373,216 $ 109,370 $ 12,376 $ 121,746 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 following tables present loans by class modified as troubled debt restructurings that occurred during the periods indicated: Year Ended June 30, 2016 (Dollars in thousands) Number of Loans Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Troubled Debt Restructurings: Single family real estate secured: Mortgage In-house originated — $ — $ — Total — $ — $ — Year Ended June 30, 2015 (Dollars in thousands) Number of Loans Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Troubled Debt Restructurings: Single family real estate secured: Mortgage In-house originated 1 $ 36 $ 36 Total 1 $ 36 $ 36 Year Ended June 30, 2014 (Dollars in thousands) Number of Loans Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Troubled Debt Restructurings: Single family real estate secured: Mortgage Purchased 2 $ 211 $ 211 Total 2 $ 211 $ 211 The following tables present the loans modified as TDRs during the period indicated: Year Ended June 30, (Dollars in thousands) 2016 2015 2014 Single family real estate secured: Mortgage In-house originated $ — $ 36 $ — Purchased — — 211 Total TDR loans secured by real estate $ — $ 36 $ 211 Other — — — Total loans modified as TDRs $ — $ 36 $ 211 During the temporary period of modification, the company classifies these loans as performing TDRs that consisted of the following as of the dates indicated: June 30, 2016 Single Family (Dollars in thousands) Mortgage Home Warehouse & Other Multi- Commercial Auto and RV secured Factoring Commercial & Industrial Consumer & Other Total Performing loans temporarily modified as TDR $ 210 $ — $ — $ — $ — $ — $ — $ — $ — $ 210 Non-performing loans and leases 28,400 33 — 2,218 254 278 — — 676 31,859 Total impaired loans and leases $ 28,610 $ 33 $ — $ 2,218 $ 254 $ 278 $ — $ — $ 676 $ 32,069 Year Ended June 30, 2016 Single Family (Dollars in thousands) Mortgage Home Warehouse & Other Multi- Commercial Auto and RV secured Factoring Commercial & Industrial Consumer & Other Total Interest income recognized on performing TDRs $ 9 $ — $ — $ — $ — $ — $ — $ — $ — $ 9 Average balances of performing TDRs $ 214 $ — $ — $ — $ — $ — $ — $ — $ — $ 214 Average balances of impaired loans and leases $ 22,969 $ 18 $ — $ 4,495 $ 969 $ 327 $ — $ — $ 135 $ 28,913 June 30, 2015 Single Family (Dollars in thousands) Mortgage Home Warehouse & Other Multi- Commercial Auto and RV secured Factoring Commercial & Industrial Consumer & 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 Year Ended June 30, 2015 Single Family (Dollars in thousands) Mortgage Home Warehouse & Other Multi- Commercial Auto and RV secured Factoring Commercial & Industrial Consumer & Other Total Interest income recognized on performing TDRs $ 17 $ — $ — $ — $ 20 $ — $ — $ — $ — $ 37 Average balances of performing TDRs $ 500 $ — $ — $ — $ 278 $ — $ — $ — $ — $ 778 Average balances of impaired loans and leases $ 21,106 $ 51 $ — $ 5,320 $ 3,028 $ 462 $ — $ — $ — $ 29,967 June 30, 2014 Single Family (Dollars in thousands) Mortgage Home Warehouse & Other Multi- Commercial Auto and RV secured Factoring Commercial & Industrial Consumer & Other Total Performing loans temporarily modified as TDR $ 989 $ — $ — $ — $ 1,390 $ — $ — $ — $ — $ 2,379 Non-performing loans 12,396 168 — 4,301 2,986 534 — — — 20,385 Total impaired loans $ 13,385 $ 168 $ — $ 4,301 $ 4,376 $ 534 $ — $ — $ — $ 22,764 Year Ended June 30, 2014 Single Family (Dollars in thousands) Mortgage Home Warehouse & Other Multi- Commercial Auto and RV secured Factoring Commercial & Industrial Consumer & Other Total Interest income recognized on performing TDRs $ 39 $ — $ — $ — $ 80 $ — $ — $ — $ — $ 119 Average balances of performing TDRs $ 1,003 $ 32 $ — $ 542 $ 1,407 $ 456 $ — $ — $ — $ 3,440 Average balances of impaired loans $ 10,957 $ 60 $ — $ 5,021 $ 3,900 $ 898 $ 9 $ — $ 5 $ 20,850
Financing Receivable Credit Quality Indicators	The following tables present the composition of our loan and lease portfolio by credit quality indicator as of the dates indicated: June 30, 2016 (Dollars in thousands) Pass Special Mention Substandard Doubtful Total Single family real estate secured: Mortgage In-house originated $ 3,563,430 $ 10,938 $ 27,219 $ — $ 3,601,587 Purchased 71,111 — 5,822 — 76,933 Home equity In-house originated 2,420 17 33 — 2,470 Warehouse and other In-house originated 534,868 2,846 — — 537,714 Multifamily real estate secured In-house originated 1,262,384 4,721 4,065 — 1,271,170 Purchased 96,792 2,769 2,485 — 102,046 Commercial real estate secured In-house originated 109,370 — — — 109,370 Purchased 10,110 2,012 254 — 12,376 Auto and RV secured In-house originated 73,192 97 387 — 73,676 Factoring 98,275 — — — 98,275 Commercial & Industrial 513,310 — 990 — 514,300 Other 1,715 151 676 — 2,542 Total $ 6,336,977 $ 23,551 $ 41,931 $ — $ 6,402,459 As of % of gross loans and leases 99.0 % 0.4 % 0.6 % — % 100.0 % June 30, 2015 (Dollars in thousands) Pass Special Mention 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 Purchased — — — — — 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 122,200 — — — 122,200 Commercial & Industrial 239,415 9,169 — — 248,584 Other 601 — — — 601 Total $ 4,917,881 $ 47,325 $ 36,065 $ — $ 5,001,271 As of % of gross loans and leases 98.3 % 1.0 % 0.7 % — % 100.0 %
Past Due Financing Receivables	The following tables provide the outstanding unpaid balance of loans and leases that are past due 30 days or more by portfolio class as of the dates indicated: June 30, 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 $ 5,192 $ 1,866 $ 21,722 $ 28,780 Purchased 572 — 2,538 3,110 Home equity In-house originated — 17 29 46 Multifamily real estate secured In-house originated 3,594 — 791 4,385 Commercial real estate secured Purchased — — 254 254 Auto and RV secured In-house originated 200 136 104 440 Commercial & Industrial 142 — — 142 Other 62 151 676 889 Total $ 9,762 $ 2,170 $ 26,114 $ 38,046 As a % of gross loans and leases 0.15 % 0.03 % 0.41 % 0.59 % June 30, 2015 (Dollars in thousands) 30-59 Days Past 60-89 Days Past 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 gross loans and leases 0.06 % 0.06 % 0.33 % 0.45 %

FURNITURE, EQUIPMENT AND SOFT32

FURNITURE, EQUIPMENT AND SOFTWARE (Tables)	12 Months Ended
	Jun. 30, 2016
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment	A summary of the cost and accumulated depreciation and amortization for leasehold improvements, furniture, equipment and software is as follows: At June 30, (Dollars in thousands) 2016 2015 Leasehold improvements $ 1,803 $ 1,508 Furniture and fixtures 4,401 3,767 Computer hardware and equipment 12,525 7,105 Software 11,051 7,160 Total 29,780 19,540 Less accumulated depreciation and amortization (15,785 ) (10,989 ) Furniture, equipment and software — net $ 13,995 $ 8,551

DEPOSITS (Tables)

DEPOSITS (Tables)	12 Months Ended
	Jun. 30, 2016
Deposits [Abstract]
Schedule of Deposits	Deposit accounts are summarized as follows: At June 30, 2016 2015 (Dollars in thousands) Amount Rate 1 Amount Rate 1 Non-interest bearing $ 588,774 — % $ 309,339 — % Interest bearing: Demand 1,916,525 0.63 % 1,224,308 0.48 % Savings 2,484,994 0.69 % 2,126,792 0.67 % 4,401,519 0.66 % 3,351,100 0.60 % Time deposits: Under $100 51,849 1.23 % 70,369 1.26 % $100 or more 2 1,001,909 1.99 % 721,109 2.06 % Total time deposits 1,053,758 1.96 % 791,478 1.99 % Total interest bearing 2 5,455,277 0.91 % 4,142,578 0.87 % Total deposits $ 6,044,051 0.82 % $ 4,451,917 0.81 % 1. Based on weighted-average stated interest rates at end of period . 2. The total interest-bearing includes brokered deposits of $800.7 million and $661.9 million as of June 30, 2016 and June 30, 2015, respectively, of which $537.4 million and $356.3 million , respectively, are time deposits classified as $100 or more.
Schedule Of Maturities For Total Time Deposits	The scheduled maturities of time deposits are as follows: At June 30, (Dollars in thousands) 2016 Within 12 months $ 497,825 13 to 24 months 41,668 25 to 36 months 5,463 37 to 48 months 71,518 49 to 60 months 3,625 Thereafter 433,659 Total $ 1,053,758

ADVANCES FROM THE FEDERAL HOM34

ADVANCES FROM THE FEDERAL HOME LOAN BANK (Tables)	12 Months Ended
	Jun. 30, 2016
Banking and Thrift [Abstract]
Schedule of Federal Home Loan Bank, Advances, by Maturity	Fixed-rate advances from FHLB are scheduled to mature as follows: At June 30, 2016 2015 (Dollars in thousands) Amount Weighted- Average Rate Amount Weighted- Average Rate Within one year $ 322,000 0.70 % $ 323,000 0.45 % After one but within two years 30,000 2.80 % 95,000 1.24 % After two but within three years 147,500 1.98 % 30,000 2.80 % After three but within four years 55,000 1.79 % 135,000 2.03 % After four but within five years 65,000 2.30 % 55,000 1.79 % After five years 107,500 2.47 % 115,000 2.65 % Total $ 727,000 1.53 % $ 753,000 1.36 %

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Jun. 30, 2016
Income Tax Disclosure [Abstract]
Schedule of Components of Provision for Income Taxes	The provision for income taxes is as follows: At June 30, (Dollars in thousands) 2016 2015 2014 Current: Federal $ 67,773 $ 49,801 $ 31,069 State 24,478 17,192 9,284 92,251 66,993 40,353 Deferred: Federal (5,363 ) (7,015 ) (1,645 ) State (1,284 ) (1,803 ) (395 ) (6,647 ) (8,818 ) (2,040 ) Total $ 85,604 $ 58,175 $ 38,313
Schedule of Effective Income Tax Rate Reconciliation	The differences between the statutory federal income tax rate and the effective tax rates are summarized as of: At June 30, 2016 2015 2014 Statutory federal tax rate 35.00 % 35.00 % 35.00 % Increase (decrease) resulting from: State taxes—net of federal tax benefit 7.31 % 6.81 % 6.67 % Cash surrender value (0.03 )% (0.04 )% (0.07 )% Tax credits (0.18 )% (0.24 )% (0.20 )% Non-taxable income (0.36 )% (0.58 )% (0.56 )% Other 0.04 % 0.35 % (0.20 )% Effective tax rate 41.78 % 41.30 % 40.64 %
Schedule of Net Deferred Tax Asset	The components of the net deferred tax asset are as follows: At June 30, (Dollars in thousands) 2016 2015 Deferred tax assets: Allowance for loan losses and charge-offs $ 16,601 $ 13,047 State taxes 5,327 2,581 Stock-based compensation expense 1,915 1,397 Unrealized net losses on securities 5,551 6,905 Deferred bonus / vacation 625 416 Securities impaired 11,345 10,903 Deferred loan fees 1,128 60 Total deferred tax assets 42,492 35,309 Deferred tax liabilities: FHLB stock dividend (1,187 ) (1,180 ) Other assets—prepaids (937 ) (632 ) Depreciation (2,671 ) (542 ) Total deferred tax liabilities (4,795 ) (2,354 ) Net deferred tax asset $ 37,697 $ 32,955
Schedule of Unrecognized Tax Benefits Roll Forward	The Company establishes a valuation allowance if, based on the weight of available evidence, it is more likely than not that some portion or all of the deferred tax assets will not be realized. As of June 30, 2016 and 2015 , the Company believes that it will have sufficient earnings to realize its deferred tax asset and has not provided an allowance. The following is a reconciliation of the beginning and ending amount of unrecognized tax positions for the periods presented: (Dollars in thousands) 2016 2015 2014 Balance at July 1 $ 779 $ 293 $ 1,122 Additions – current year tax positions 181 135 55 Additions – prior year tax positions — 568 30 Reductions – prior year tax positions (80 ) (217 ) (914 ) Total liability for unrecognized tax positions at June 30 $ 880 $ 779 $ 293

STOCKHOLDERS' EQUITY (Tables)

STOCKHOLDERS' EQUITY (Tables)	12 Months Ended
	Jun. 30, 2016
Equity [Abstract]
Schedule of Common Stock Outstanding Roll Forward	Changes in common stock issued and outstanding were as follows: At June 30, 2016 2015 2014 Issued 1 Outstanding 1 Issued 1 Outstanding 1 Issued 1 Outstanding 1 Beginning of year: 63,145,364 62,075,004 58,779,522 57,807,600 55,838,204 54,933,300 Common stock issued through option exercise or exchange 82,400 82,400 218,539 176,252 222,128 222,128 Common stock issued through public offering 723,808 723,808 3,796,356 3,796,356 2,241,204 2,241,204 Common stock issued through grants of restricted stock units 561,922 338,180 350,947 294,796 477,986 410,968 End of year: 64,513,494 63,219,392 63,145,364 62,075,004 58,779,522 57,807,600 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. The par value of common stock remains unchanged at $0.01 per share after the aforementioned forward stock split.
Schedule of Sale of Stock	The details of the shares of common stock sold through the 2015 ATM Offering through June 30, 2015 are as follows (dollars in thousands, except per share data): Distribution Agent Month Weighted Average Per Share Price 1 Number of 1 Net Proceeds Compensation to Distribution Agent FBR Capital Markets & Co. February 2015 $ 22.68 40,000 $ 884 $ 23 FBR Capital Markets & Co. March 2015 $ 23.38 518,528 $ 11,818 $ 303 FBR Capital Markets & Co. April 2015 $ 23.10 265,088 $ 5,971 $ 153 FBR Capital Markets & Co. May 2015 $ 23.69 122,800 $ 2,837 $ 73 FBR Capital Markets & Co. June 2015 $ 24.69 251,592 $ 6,057 $ 155 FBR Capital Markets & Co. July 2015 $ 27.37 280,000 $ 7,471 $ 192 FBR Capital Markets & Co. August 2015 $ 32.81 40,000 $ 1,279 $ 33 FBR Capital Markets & Co. September 2015 $ 30.99 240,000 $ 7,252 $ 186 FBR Capital Markets & Co. October 2015 $ 32.43 163,808 $ 5,181 $ 132 1- 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 details of the shares of common stock sold through the ATM Offering through January 31, 2015 are as follows (dollars in thousands, except per share data): Distribution Agent Month Weighted Average Per Share Price 1 Number of Shares Sold 1 Net Proceeds Compensation to Distribution Agent Keefe, Bruyette & Woods, Inc. August 2014 $ 19.68 177,668 $ 3,409 $ 87 Keefe, Bruyette & Woods, Inc. September 2014 $ 18.65 947,200 $ 17,218 $ 441 Keefe, Bruyette & Woods, Inc. October 2014 $ 17.56 200,000 $ 3,423 $ 88 Keefe, Bruyette & Woods, Inc. November 2014 $ 19.58 520,000 $ 9,924 $ 254 Keefe, Bruyette & Woods, Inc. December 2014 $ 19.69 267,200 $ 5,130 $ 132 Keefe, Bruyette & Woods, Inc. January 2015 $ 20.35 486,280 $ 9,646 $ 248 1- 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 details of the shares of common stock sold through the ATM Offering through June 30, 2014 are as follows (dollars in thousands, except per share data): Distribution Agent Month Weighted Average Per Share Price 1 Number of Shares Sold 1 Net Proceeds Compensation to Distribution Agent Raymond James & Associates March 2013 $ 8.81 800,000 $ 6,874 $ 176 Raymond James & Associates October 2013 $ 17.63 198,320 $ 3,409 $ 87 Raymond James & Associates November 2013 $ 18.09 591,280 $ 10,431 $ 267 Raymond James & Associates December 2013 $ 19.83 154,396 $ 2,984 $ 77 Raymond James & Associates January 2014 $ 20.10 360,000 $ 7,054 $ 181 Raymond James & Associates February 2014 $ 20.38 198,432 $ 3,942 $ 101 Sandler O’Neill & Partners, L.P. May 2014 $ 19.46 496,000 $ 9,409 $ 241 Sandler O’Neill & Partners, L.P. June 2014 $ 19.63 242,776 $ 4,647 $ 120 1- 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

STOCK-BASED COMPENSATION (Table

STOCK-BASED COMPENSATION (Tables)	12 Months Ended
	Jun. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of Share-based Compensation, Stock Options, Activity	A summary of stock option activity under the Plans during the periods indicated is presented below: Number of Shares 1 Weighted-Average Exercise Price Per Share 1 Outstanding—June 30, 2013 649,928 $ 2.20 Granted — — Exercised (222,128 ) 2.25 Canceled — — Outstanding—June 30, 2014 427,800 $ 2.18 Granted — — Exercised (218,539 ) 2.26 Canceled (126,861 ) 2.26 Outstanding—June 30, 2015 82,400 $ 1.84 Granted — — Exercised (82,400 ) 1.84 Canceled — — Outstanding—June 30, 2016 — $ — Options exercisable—June 30, 2014 427,800 $ 2.18 Options exercisable—June 30, 2015 82,400 $ 1.84 Options exercisable—June 30, 2016 — $ — 1- 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
Schedule of Unrecognized Compensation Cost, Nonvested Awards	At June 30, 2016 unrecognized compensation expense related to non-vested awards aggregated to $19,790 and is expected to be recognized in future periods as follows: (Dollars in thousands) Stock Award Compensation Expense For the fiscal year ended June 30: 2017 $ 9,901 2018 7,126 2019 2,763 Total $ 19,790
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity	The following table presents the status and changes in restricted stock units grants for the periods indicated: Restricted Stock Unit Shares 1 Weighted-Average Grant-Date Fair Value 1 Non-vested balance at June 30, 2013 1,193,940 $ 5.53 Granted 531,776 14.98 Vested (477,986 ) 5.84 Canceled (301,974 ) 6.76 Non-vested balance at June 30, 2014 945,756 $ 10.29 Granted 775,836 19.99 Vested (350,947 ) 10.11 Canceled (235,557 ) 11.26 Non-vested balance at June 30, 2015 1,135,088 $ 17.01 Granted 615,834 26.60 Vested (536,528 ) 16.14 Canceled (154,668 ) 18.70 Non-vested balance at June 30, 2016 1,059,726 $ 22.53

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	12 Months Ended
	Jun. 30, 2016
Earnings Per Share [Abstract]
Calculation of basic and diluted EPS	The following table presents the calculation of basic and diluted EPS: At June 30, (Dollars in thousands, except per share data) 2016 2015 2014 Earnings Per Common Share 1 Net income $ 119,291 $ 82,682 $ 55,956 Preferred stock dividends (309 ) (309 ) (309 ) Net income attributable to common shareholders $ 118,982 $ 82,373 $ 55,647 Average common shares issued and outstanding 62,909,411 59,939,844 56,159,236 Average unvested restricted stock grant and RSU shares 1,355,796 1,238,064 1,312,060 Total qualifying shares 64,265,207 61,177,908 57,471,296 Earnings per common share $ 1.85 $ 1.35 $ 0.97 Diluted Earnings Per Common Share 1 Net income attributable to common shareholders $ 118,982 $ 82,373 $ 55,647 Preferred stock dividends to dilutive convertible preferred — — — Dilutive net income attributable to common shareholders $ 118,982 $ 82,373 $ 55,647 Average common shares issued and outstanding 64,265,207 61,177,908 57,471,296 Dilutive effect of stock options 5,845 226,456 299,472 Dilutive effect of convertible preferred stock — — — Total dilutive common shares issued and outstanding 64,271,052 61,404,364 57,770,768 Diluted earnings per common share $ 1.85 $ 1.34 $ 0.96 1- 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 (Tables)	12 Months Ended
	Jun. 30, 2016
Commitments and Contingencies Disclosure [Abstract]
Contractual Obligation, Fiscal Year Maturity Schedule	Pursuant to the terms of these non-cancelable lease agreements in effect at June 30, 2016 , future minimum lease payments are as follows: (Dollars in thousands) Future minimum lease payments 2017 $ 4,088 2018 4,358 2019 4,555 2020 4,746 2021 743 Thereafter 1,938 Total $ 20,428

MINIMUM REGULATORY CAPITAL RE40

MINIMUM REGULATORY CAPITAL REQUIREMENTS (Tables)	12 Months Ended
	Jun. 30, 2016
Banking and Thrift [Abstract]
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations	The Bank’s capital amounts, capital ratios and capital requirements under Basel III were as follows: BofI Holding, Inc. BofI Federal Bank “Well Minimum Capital (Dollars in thousands) June 30, 2016 June 30, 2015 June 30, 2016 June 30, 2015 Regulatory Capital: Tier 1 $ 690,893 $ 542,924 $ 664,427 $ 522,891 Common equity tier 1 $ 685,830 $ 537,861 $ 664,427 $ 522,891 Total capital (to risk-weighted assets) $ 777,834 $ 571,251 $ 700,368 $ 551,218 Assets: Average adjusted $ 7,575,526 $ 5,660,097 $ 7,566,865 $ 5,654,199 Total risk-weighted $ 4,755,242 $ 3,591,432 $ 4,747,496 $ 3,585,149 Regulatory Capital Ratios: Tier 1 leverage (core) capital to adjusted average assets 9.12 % 9.59 % 8.78 % 9.25 % 5.00 % 4.00 % Common equity tier 1 capital (to risk-weighted assets) 14.42 % 14.98 % 14.00 % 14.58 % 6.50 % 4.50 % Tier 1 capital (to risk-weighted assets) 14.53 % 15.12 % 14.00 % 14.58 % 8.00 % 6.00 % Total capital (to risk-weighted assets) 16.36 % 15.91 % 14.75 % 15.38 % 10.00 % 8.00 %

PARENT-ONLY CONDENSED FINANCI41

PARENT-ONLY CONDENSED FINANCIAL INFORMATION (Tables)	12 Months Ended
	Jun. 30, 2016
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Schedule of Condensed Balance Sheet	The following BofI Holding, Inc. (Parent company only) financial information should be read in conjunction with the consolidated financial statements of the Company and the other notes to the consolidated financial statements: BofI Holding, Inc. (Parent Company Only) CONDENSED BALANCE SHEETS At June 30, (Dollars in thousands) 2016 2015 ASSETS Cash and cash equivalents $ 77,383 $ 22,729 Loans 37 39 Investment securities 12 204 Other assets 7,722 6,155 Due from subsidiary — 3 Investment in subsidiary 657,119 513,701 Total assets $ 742,273 $ 542,831 LIABILITIES AND STOCKHOLDERS’ EQUITY Subordinated notes and debentures $ 56,155 $ 5,155 Accrued interest payable 292 14 Accounts payable and accrued liabilities 2,236 4,136 Total liabilities 58,683 9,305 Stockholders’ equity 683,590 533,526 Total liabilities and stockholders’ equity $ 742,273 $ 542,831
Schedule of Condensed Income Statement	BofI Holding, Inc. (Parent Company Only) STATEMENTS OF INCOME Year Ended June 30, (Dollars in thousands) 2016 2015 2014 Interest income $ 136 $ 111 $ 82 Interest expense 1,275 143 143 Net interest (expense) income (1,139 ) (32 ) (61 ) Provision for loan losses — — — Net interest (expense) income, after provision for loan losses (1,139 ) (32 ) (61 ) Non-interest income (loss) 339 (9 ) (3 ) Non-interest expense 7,345 4,678 3,218 Income (loss) before dividends from subsidiary and equity in undistributed income of subsidiary (8,145 ) (4,719 ) (3,282 ) Dividends from subsidiary 2,900 1,950 2,600 Equity in undistributed earnings of subsidiary 124,536 85,451 56,638 Net income $ 119,291 $ 82,682 $ 55,956 Comprehensive income $ 121,386 $ 83,649 $ 56,390
Schedule of Condensed Cash Flow Statement	BofI Holding, Inc. (Parent Company Only) STATEMENT OF CASH FLOWS Year Ended June 30, (Dollars in thousands) 2016 2015 2014 CASH FLOWS FROM OPERATING ACTIVITIES: Net income $ 119,291 $ 82,682 $ 55,956 Adjustments to reconcile net income to net cash used in operating activities: Accretion of discounts on securities (50 ) (69 ) (41 ) Impairment charge on securities — 9 56 Accretion of discounts on loans (6 ) (12 ) (12 ) Gain on sales of loans held for sale (339 ) — — Stock-based compensation expense 11,326 6,648 4,358 Tax effect from exercise of common stock options and vesting of restricted stock grants (2,531 ) (5,526 ) (4,856 ) Equity in undistributed earnings of subsidiary (124,533 ) (85,368 ) (72,296 ) Decrease (increase) in other assets (1,289 ) (1,972 ) (2,400 ) Increase (decrease) in other liabilities (5,247 ) (3,702 ) (616 ) Net cash provided by (used in) operating activities (3,378 ) (7,310 ) (19,851 ) CASH FLOWS FROM INVESTING ACTIVITIES: Proceeds from sale of available-for-sale securities 531 — — Proceeds from principal repayments on loans 8 7 9 Investment in subsidiary (17,000 ) (55,000 ) (42,073 ) Net cash used in investing activities (16,461 ) (54,993 ) (42,064 ) CASH FLOWS FROM FINANCING ACTIVITIES: Proceeds from exercise of common stock options 151 781 500 Proceeds from issuance of common stock 21,120 75,985 41,576 Tax effect from exercise of common stock options and vesting of restricted stock grants 2,531 5,526 4,856 Proceeds from issuance of subordinated notes 51,000 — — Cash dividends on preferred stock (309 ) (309 ) (309 ) Net cash provided by (used in) financing activities 74,493 81,983 46,623 NET CHANGE IN CASH AND CASH EQUIVALENTS 54,654 19,680 (15,292 ) CASH AND CASH EQUIVALENTS—Beginning of year 22,729 3,049 18,341 CASH AND CASH EQUIVALENTS—End of year $ 77,383 $ 22,729 $ 3,049

QUARTERLY FINANCIAL INFORMATI42

QUARTERLY FINANCIAL INFORMATION (UNAUDITED) (Tables)	12 Months Ended
	Jun. 30, 2016
Quarterly Financial Information Disclosure [Abstract]
Schedule of Quarterly Financial Information	Quarters Ended in Fiscal Year 2016 (Dollars in thousands) June 30, March 31, December 31, September 30, Interest and dividend income $ 86,261 $ 84,282 $ 75,935 $ 71,229 Interest expense 17,106 14,725 12,764 12,101 Net interest income 69,155 69,557 63,171 59,128 Provision for loan losses 1,900 2,000 3,400 2,400 Net interest income after provision for loan losses 67,255 67,557 59,771 56,728 Non-interest income 17,015 23,316 16,220 9,789 Non-interest expense 32,985 29,408 27,445 22,918 Income before income taxes 51,285 61,465 48,546 43,599 Income tax expense 21,558 25,551 20,397 18,098 Net income $ 29,727 $ 35,914 $ 28,149 $ 25,501 Net income attributable to common stock $ 29,650 $ 35,837 $ 28,071 $ 25,424 Basic earnings per share 1 $ 0.46 $ 0.56 $ 0.44 $ 0.40 Diluted earnings per share 1 $ 0.46 $ 0.56 $ 0.44 $ 0.40 Quarters Ended in Fiscal Year 2015 (Dollars in thousands) June 30, March 31, December 31, September 30, Interest and dividend income $ 67,567 $ 62,911 $ 59,081 $ 54,805 Interest expense 12,273 12,246 10,970 9,930 Net interest income 55,294 50,665 48,111 44,875 Provision for loan losses 2,900 2,900 2,900 2,500 Net interest income after provision for loan losses 52,394 47,765 45,211 42,375 Non-interest income 10,278 8,366 6,697 5,249 Non-interest expense 20,752 20,343 18,937 17,446 Income before income taxes 41,920 35,788 32,971 30,178 Income tax expense 17,525 14,714 13,599 12,337 Net income $ 24,395 $ 21,074 $ 19,372 $ 17,841 Net income attributable to common stock $ 24,318 $ 20,997 $ 19,294 $ 17,764 Basic earnings per share 1 $ 0.39 $ 0.34 $ 0.32 $ 0.30 Diluted earnings per share 1 $ 0.39 $ 0.34 $ 0.32 $ 0.30 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.

ORGANIZATIONS AND SUMMARY OF 43

ORGANIZATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) $ in Thousands	Mar. 31, 2016USD ($)	Nov. 17, 2015	Mar. 31, 2016USD ($)	Jun. 30, 2016USD ($)segmentshares		Jun. 30, 2015USD ($)shares		Nov. 30, 2015shares	Oct. 31, 2015shares	Aug. 31, 2015USD ($)
Concentration Risk [Line Items]
Number of reportable segments | segment				1
Number of operating segments | segment				1
Common stock split, conversion ratio		4
Common stock, shares authorized (in shares) | shares				150,000,000	[1]	150,000,000	[1]	150,000,000	50,000,000
Restricted cash, minimum reserve balances				$ 35,159		$ 6,880
Concentration risk, geographic area				California
Direct Financing Lease | Pacific Western Equipment Finance
Concentration Risk [Line Items]
Asset purchase agreement	$ 140,000		$ 140,000
Lease purchase price premium rate (as percent)	2.50%
H and R Block Bank Deposits
Concentration Risk [Line Items]
Deposits acquired, net										$ 419,000
H and R Block Bank Deposits | Other | Emerald Advance
Concentration Risk [Line Items]
Loans and leases interest and dividend retainer fee (as percent)			10.00%
Geographic concentration risk
Concentration Risk [Line Items]
Concentration risk, item measured				mortgage portfolio
Mortgage loans | Geographic concentration risk | CALIFORNIA
Concentration Risk [Line Items]
Concentration risk percentage				67.97%		66.36%
[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.

FAIR VALUE - INPUTS (Details)

FAIR VALUE - INPUTS (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Collateralized Debt Obligations | Discounted cash flows
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Probability of actual and forecasted defaults	16.50%
Percentage of actual defaults		15.40%
Description of variable rate basis	U.S. Treasury
Collateralized Debt Obligations | Discounted cash flows | 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	$ 808
Percent decrease in discount rate	1.00%
Effect on net income before tax from one percentage point decrease in discount rate	$ 934
Collateralized Debt Obligations | Discounted cash flows | Significant Unobservable Inputs (Level 3) | Weighted Average
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Basis spread on variable rate	5.00%
HTM Securities Non-Agency RMBS | Significant Unobservable Inputs (Level 3)
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Description of variable rate basis	LIBOR
Unemployment rate	4.70%
HTM Securities Non-Agency RMBS | Discounted cash flows | Minimum
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Basis spread on variable rate	2.45%
HTM Securities Non-Agency RMBS | Discounted cash flows | Maximum
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Basis spread on variable rate	8.20%
HTM Securities Non-Agency RMBS | Discounted cash flows | Significant Unobservable Inputs (Level 3) | Minimum
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Probability of actual and forecasted defaults	1.50%
Loss severity rates	40.00%
HTM Securities Non-Agency RMBS | Discounted cash flows | Significant Unobservable Inputs (Level 3) | Maximum
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Probability of actual and forecasted defaults	17.80%
Loss severity rates	68.80%

FAIR VALUE - ASSETS AND LIABILI

FAIR VALUE - ASSETS AND LIABILITIES MEASURED ON RECURRING BASIS (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading	$ 7,584	$ 7,832
Securities available-for-sale	265,447	163,361
Loans Held for Sale	20,871	25,430	$ 20,575
Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
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]
Trading	0	0
Securities available-for-sale	256,083	136,728
Loans Held for Sale	20,871	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]
Trading	7,584	7,832
Securities available-for-sale	9,364	26,633
Loans Held for Sale	0	0
Mortgage servicing rights	3,943	2,098
Fair Value, Measurements, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	265,447	163,361
Loans Held for Sale	20,871	25,430
Mortgage servicing rights	3,943	2,098
Other assets - Derivative instruments	2,202	2,261
Other liabilities - Derivative instruments	884	0
Fair Value, Measurements, Recurring | Collateralized Debt Obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading	7,584	7,832
Fair Value, Measurements, Recurring | Agency Debt
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	0	0
Fair Value, Measurements, Recurring | Agency RMBS
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	33,722	43,491
Fair Value, Measurements, Recurring | HTM Securities Non-Agency RMBS
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	9,364	26,633
Fair Value, Measurements, Recurring | Municipal
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	34,719	22,035
Fair Value, Measurements, Recurring | Other Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	187,642	71,202
Fair Value, Measurements, 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
Fair Value, Measurements, 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]
Trading	0	0
Fair Value, Measurements, Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Agency Debt
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	0	0
Fair Value, Measurements, 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
Fair Value, Measurements, Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | HTM Securities Non-Agency RMBS
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	0	0
Fair Value, Measurements, 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
Fair Value, Measurements, 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
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	256,083	136,728
Loans Held for Sale	20,871	25,430
Mortgage servicing rights	0	0
Other assets - Derivative instruments	0	0
Other liabilities - Derivative instruments	0	0
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | Collateralized Debt Obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading	0	0
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | Agency Debt
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	0	0
Fair Value, Measurements, 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	33,722	43,491
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | HTM Securities Non-Agency RMBS
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	0	0
Fair Value, Measurements, 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	34,719	22,035
Fair Value, Measurements, 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	187,642	71,202
Fair Value, Measurements, Recurring | Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	9,364	26,633
Loans Held for Sale	0	0
Mortgage servicing rights	3,943	2,098
Other assets - Derivative instruments	2,202	2,261
Other liabilities - Derivative instruments	884	0
Fair Value, Measurements, Recurring | Significant Unobservable Inputs (Level 3) | Collateralized Debt Obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading	7,584	7,832
Fair Value, Measurements, Recurring | Significant Unobservable Inputs (Level 3) | Agency Debt
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	0	0
Fair Value, Measurements, 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
Fair Value, Measurements, Recurring | Significant Unobservable Inputs (Level 3) | HTM Securities Non-Agency RMBS
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	9,364	26,633
Fair Value, Measurements, 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
Fair Value, Measurements, 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	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases, Sales, Issues, Settlements [Abstract]
Other-than-temporary-impairment	$ (565)	$ (2,365)	$ (2,802)
Fair Value, Measurements, Recurring | Significant Unobservable Inputs (Level 3)
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Opening balance	38,824	46,912
Transfers into Level 3	0	0
Transfers out of Level 3	0	0
Total gains or losses for the period - Included in other comprehensive income	(2,380)	(1,325)
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases, Sales, Issues, Settlements [Abstract]
Purchases	2,734	1,801
Issues	0	0
Sales	(6,974)	0
Settlements	(6,313)	(8,518)
Other-than-temporary-impairment	(428)	(933)
Closing balance	22,209	38,824	46,912
Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period	(3,254)	(438)
Fair Value, Measurements, Recurring | Significant Unobservable Inputs (Level 3) | Sale of Mortgage-backed Securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Total gains or losses for the period - Included in earnings	(1,174)
Fair Value, Measurements, Recurring | Significant Unobservable Inputs (Level 3) | Fair Value Gain On Trading Securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Total gains or losses for the period - Included in earnings	(248)	(234)
Fair Value, Measurements, Recurring | Significant Unobservable Inputs (Level 3) | Mortgage Banking
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Total gains or losses for the period - Included in earnings	(1,832)	1,121
Fair Value, Measurements, Recurring | Significant Unobservable Inputs (Level 3) | Collateralized Debt Obligations
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Opening balance	7,832	8,066
Transfers into Level 3	0	0
Transfers out of Level 3	0	0
Total gains or losses for the period - Included in earnings	(248)	(234)
Total gains or losses for the period - Included in other comprehensive income	0
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases, Sales, Issues, Settlements [Abstract]
Purchases	0	0
Issues	0	0
Sales	0	0
Settlements	0	0
Other-than-temporary-impairment	0	0
Closing balance	7,584	7,832	8,066
Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period	(248)	(234)
Fair Value, Measurements, Recurring | Significant Unobservable Inputs (Level 3) | HTM Securities Non-Agency RMBS
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Opening balance	26,633	37,409
Transfers into Level 3	0	0
Transfers out of Level 3	0	0
Total gains or losses for the period - Included in earnings	(1,174)
Total gains or losses for the period - Included in other comprehensive income	(2,380)	(1,325)
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases, Sales, Issues, Settlements [Abstract]
Purchases	0	0
Issues	0	0
Sales	(6,974)	0
Settlements	(6,313)	(8,518)
Other-than-temporary-impairment	(428)	(933)
Closing balance	9,364	26,633	37,409
Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period	(1,174)	(1,325)
Fair Value, Measurements, Recurring | Significant Unobservable Inputs (Level 3) | Mortgage Servicing Rights
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Opening balance	2,098	562
Total gains or losses for the period - Included in earnings	(889)	(265)
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases, Sales, Issues, Settlements [Abstract]
Purchases	2,734	1,801
Issues	0	0
Sales	0	0
Settlements	0	0
Other-than-temporary-impairment	0	0
Closing balance	3,943	2,098	562
Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period	(889)	(265)
Fair Value, Measurements, Recurring | Significant Unobservable Inputs (Level 3) | Derivative Instruments, net
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Opening balance	2,261	875
Transfers into Level 3	0	0
Transfers out of Level 3	0	0
Total gains or losses for the period - Included in earnings	(943)	1,386
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases, Sales, Issues, Settlements [Abstract]
Purchases	0	0
Issues	0	0
Sales	0	0
Settlements	0	0
Other-than-temporary-impairment	0	0
Closing balance	1,318	2,261	$ 875
Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period	$ (943)	$ 1,386

FAIR VALUE - QUANTITATIVE INFOR

FAIR VALUE - QUANTITATIVE INFORMATION FOR LEVEL 3 FAIR VALUE MEASURMENTS (RECURRING) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Fair Value, Option, Quantitative Disclosures [Line Items]
Securities trading	$ 7,584	$ 7,832
Securities available-for-sale	265,447	163,361
Level 3
Fair Value, Option, Quantitative Disclosures [Line Items]
Securities trading	7,584	7,832
Securities available-for-sale	9,364	26,633
Mortgage servicing rights	$ 3,943	2,098
Level 3 | HTM Securities Non-Agency RMBS | Discounted cash flows | Minimum
Fair Value, Option, Quantitative Disclosures [Line Items]
Total Projected Defaults	1.50%
Projected Loss Severity	40.00%
Level 3 | HTM Securities Non-Agency RMBS | Discounted cash flows | Maximum
Fair Value, Option, Quantitative Disclosures [Line Items]
Total Projected Defaults	17.80%
Projected Loss Severity	68.80%
Fair Value, Measurements, Recurring
Fair Value, Option, Quantitative Disclosures [Line Items]
Securities available-for-sale	$ 265,447	163,361
Mortgage servicing rights	3,943	2,098
Fair Value, Measurements, Recurring | HTM Securities Non-Agency RMBS
Fair Value, Option, Quantitative Disclosures [Line Items]
Securities available-for-sale	9,364	26,633
Fair Value, Measurements, Recurring | Level 3
Fair Value, Option, Quantitative Disclosures [Line Items]
Securities available-for-sale	9,364	26,633
Mortgage servicing rights	3,943	2,098
Fair Value, Measurements, Recurring | Level 3 | Discounted cash flows
Fair Value, Option, Quantitative Disclosures [Line Items]
Mortgage servicing rights	3,943	2,098
Fair Value, Measurements, Recurring | Level 3 | Sales comparison approach
Fair Value, Option, Quantitative Disclosures [Line Items]
Derivative Assets	1,318	2,261
Fair Value, Measurements, Recurring | Level 3 | Trading Securities | Discounted cash flows
Fair Value, Option, Quantitative Disclosures [Line Items]
Securities trading	$ 7,584	$ 7,832
Fair Value, Measurements, Recurring | Level 3 | Trading Securities | Discounted cash flows | Minimum
Fair Value, Option, Quantitative Disclosures [Line Items]
Total Projected Defaults	11.70%	18.80%
Discount Rate over Treasury/LIBOR	5.00%	4.80%
Fair Value, Measurements, Recurring | Level 3 | Trading Securities | Discounted cash flows | Maximum
Fair Value, Option, Quantitative Disclosures [Line Items]
Total Projected Defaults	21.00%	29.80%
Discount Rate over Treasury/LIBOR	5.00%	4.80%
Fair Value, Measurements, Recurring | Level 3 | Trading Securities | Discounted cash flows | Weighted Average
Fair Value, Option, Quantitative Disclosures [Line Items]
Total Projected Defaults	16.50%	24.60%
Discount Rate over Treasury/LIBOR	5.00%	4.80%
Fair Value, Measurements, Recurring | Level 3 | HTM Securities Non-Agency RMBS
Fair Value, Option, Quantitative Disclosures [Line Items]
Securities available-for-sale	$ 9,364	$ 26,633
Fair Value, Measurements, Recurring | Level 3 | HTM Securities Non-Agency RMBS | Discounted cash flows
Fair Value, Option, Quantitative Disclosures [Line Items]
Securities available-for-sale	$ 9,364	$ 26,633
Fair Value, Measurements, Recurring | Level 3 | HTM Securities Non-Agency RMBS | Discounted cash flows | Minimum
Fair Value, Option, Quantitative Disclosures [Line Items]
Discount Rate over Treasury/LIBOR	2.50%	2.40%
Projected Constant Prepayment Rate	9.10%	6.30%
Projected Loss Severity	40.00%	37.60%
Constant Default Rate	1.50%	1.50%
Fair Value, Measurements, Recurring | Level 3 | HTM Securities Non-Agency RMBS | Discounted cash flows | Maximum
Fair Value, Option, Quantitative Disclosures [Line Items]
Discount Rate over Treasury/LIBOR	2.90%	3.00%
Projected Constant Prepayment Rate	20.60%	29.50%
Projected Loss Severity	68.80%	66.50%
Constant Default Rate	13.60%	19.60%
Fair Value, Measurements, Recurring | Level 3 | HTM Securities Non-Agency RMBS | Discounted cash flows | Weighted Average
Fair Value, Option, Quantitative Disclosures [Line Items]
Discount Rate over Treasury/LIBOR	2.80%	2.90%
Projected Constant Prepayment Rate	14.20%	13.00%
Projected Loss Severity	51.50%	51.10%
Constant Default Rate	6.10%	5.60%
Fair Value, Measurements, Recurring | Level 3 | Mortgage Servicing Rights | Discounted cash flows | Minimum
Fair Value, Option, Quantitative Disclosures [Line Items]
Discount Rate over Treasury/LIBOR	9.50%	9.50%
Projected Constant Prepayment Rate	7.80%	4.40%
Life (in years)	3 years 6 months	4 years 3 months 18 days
Fair Value, Measurements, Recurring | Level 3 | Mortgage Servicing Rights | Discounted cash flows | Maximum
Fair Value, Option, Quantitative Disclosures [Line Items]
Discount Rate over Treasury/LIBOR	10.50%	10.50%
Projected Constant Prepayment Rate	21.80%	19.20%
Life (in years)	7 years 1 month 6 days	8 years 3 months 18 days
Fair Value, Measurements, Recurring | Level 3 | Mortgage Servicing Rights | Discounted cash flows | Weighted Average
Fair Value, Option, Quantitative Disclosures [Line Items]
Discount Rate over Treasury/LIBOR	9.50%	9.70%
Projected Constant Prepayment Rate	10.60%	7.70%
Life (in years)	6 years 2 months 12 days	7 years 4 months 24 days
Fair Value, Measurements, Recurring | Level 3 | Derivative Instruments, net | Sales comparison approach | Minimum
Fair Value, Option, Quantitative Disclosures [Line Items]
Projected Sales Profit of Underlying Loans	0.30%	0.50%
Fair Value, Measurements, Recurring | Level 3 | Derivative Instruments, net | Sales comparison approach | Maximum
Fair Value, Option, Quantitative Disclosures [Line Items]
Projected Sales Profit of Underlying Loans	0.60%	1.30%
Fair Value, Measurements, Recurring | Level 3 | Derivative Instruments, net | Sales comparison approach | Weighted Average
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	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair value adjustment	$ (248)	$ (234)	$ 954
Significant Unobservable Inputs (Level 3)
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Interest income on investments	245	223	230
Fair value adjustment	(248)	(234)	955
Total	$ (3)	$ (11)	$ 1,185

FAIR VALUE - ASSETS MEASURED NO

FAIR VALUE - ASSETS MEASURED NONRECURRING BASIS (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Jun. 30, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Held to maturity - Fair Value	$ 202,677	$ 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	77,415	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	125,262	144,882
Fair Value, Measurements, Nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	32,069	31,048
Other real estate owned and foreclosed assets, fair value	252	1,240
Fair Value, Measurements, Nonrecurring | Impaired Loans, Mortgage
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	28,610	23,059
Fair Value, Measurements, Nonrecurring | Impaired Loans, Home Equity
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	33
Fair Value, Measurements, Nonrecurring | Impaired Loans, Multifamily Real Estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	2,218	5,399
Fair Value, Measurements, Nonrecurring | Impaired Loans, Commercial real estate secured
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	254	2,128
Fair Value, Measurements, Nonrecurring | Impaired Loans, Auto and RV Secured
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	278	453
Fair Value, Measurements, Nonrecurring | Other Real Estate Owned, Single Family Real Estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other real estate owned and foreclosed assets, fair value		463
Fair Value, Measurements, Nonrecurring | Other Real Estate Owned, Multifamily Real Estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other real estate owned and foreclosed assets, fair value	207	762
Fair Value, Measurements, Nonrecurring | Foreclosed assets, Autos and RVs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other real estate owned and foreclosed assets, fair value	45	15
Fair Value, Measurements, Nonrecurring | HTM Securities Non-Agency RMBS
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Held to maturity - Fair Value	79,164	88,094
Fair Value, Measurements, 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
Fair Value, Measurements, Nonrecurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Impaired Loans, Mortgage
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	0	0
Fair Value, Measurements, Nonrecurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Impaired Loans, Home Equity
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	0	0
Fair Value, Measurements, Nonrecurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Impaired Loans, Multifamily Real Estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	0	0
Fair Value, Measurements, Nonrecurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Impaired Loans, Commercial real estate secured
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	0	0
Fair Value, Measurements, Nonrecurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Impaired Loans, Auto and RV Secured
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	0	0
Fair Value, Measurements, Nonrecurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Impaired Loans, Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	0
Fair Value, Measurements, Nonrecurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Other Real Estate Owned, Single Family Real Estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other real estate owned and foreclosed assets, fair value		0
Fair Value, Measurements, Nonrecurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Other Real Estate Owned, Multifamily Real Estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other real estate owned and foreclosed assets, fair value	0	0
Fair Value, Measurements, Nonrecurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Foreclosed assets, Autos and RVs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other real estate owned and foreclosed assets, fair value	0	0
Fair Value, Measurements, Nonrecurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | HTM Securities Non-Agency RMBS
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Held to maturity - Fair Value	0	0
Fair Value, Measurements, 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
Fair Value, Measurements, Nonrecurring | Significant Other Observable Inputs (Level 2) | Impaired Loans, Mortgage
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	0	0
Fair Value, Measurements, Nonrecurring | Significant Other Observable Inputs (Level 2) | Impaired Loans, Home Equity
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	0	0
Fair Value, Measurements, Nonrecurring | Significant Other Observable Inputs (Level 2) | Impaired Loans, Multifamily Real Estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	0	0
Fair Value, Measurements, Nonrecurring | Significant Other Observable Inputs (Level 2) | Impaired Loans, Commercial real estate secured
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	0	0
Fair Value, Measurements, Nonrecurring | Significant Other Observable Inputs (Level 2) | Impaired Loans, Auto and RV Secured
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	0	0
Fair Value, Measurements, Nonrecurring | Significant Other Observable Inputs (Level 2) | Impaired Loans, Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	0
Fair Value, Measurements, Nonrecurring | Significant Other Observable Inputs (Level 2) | Other Real Estate Owned, Single Family Real Estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other real estate owned and foreclosed assets, fair value		0
Fair Value, Measurements, Nonrecurring | Significant Other Observable Inputs (Level 2) | Other Real Estate Owned, Multifamily Real Estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other real estate owned and foreclosed assets, fair value	0	0
Fair Value, Measurements, Nonrecurring | Significant Other Observable Inputs (Level 2) | Foreclosed assets, Autos and RVs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other real estate owned and foreclosed assets, fair value	0	0
Fair Value, Measurements, Nonrecurring | Significant Other Observable Inputs (Level 2) | HTM Securities Non-Agency RMBS
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Held to maturity - Fair Value	0	0
Fair Value, Measurements, Nonrecurring | Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	32,069	31,048
Other real estate owned and foreclosed assets, fair value	252	1,240
Fair Value, Measurements, Nonrecurring | Significant Unobservable Inputs (Level 3) | Impaired Loans, Home Equity
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value		$ 9
Fair Value, Measurements, Nonrecurring | Significant Unobservable Inputs (Level 3) | Impaired Loans, Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	$ 676

FAIR VALUE - ASSETS MEASURED ON

FAIR VALUE - ASSETS MEASURED ON NONRECURRING BASIS NARRATIVE (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Held-to-maturity, Carrying Amount	$ 199,174	$ 225,555
Fair Value, Measurements, Nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	32,069	31,048
Other real estate owned and foreclosed assets, fair value	252	1,240
Fair Value, Measurements, Nonrecurring | Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	32,069	31,048
Other real estate owned and foreclosed assets, fair value	252	1,240
Impaired loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, write-off	4,990	6,010
Impaired loans, additional provision for loan losses	692	273
Impaired loans | Carrying (Reported) Amount, Fair Value Disclosure | Fair Value, Measurements, Nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	32,069	31,048
Other real estate owned
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other real estate owned, valuation allowance	116	0
Other real estate owned | Carrying (Reported) Amount, Fair Value Disclosure | Fair Value, Measurements, Nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other real estate owned and foreclosed assets, fair value	252	1,240
HTM Securities Non-Agency RMBS
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Held-to-maturity securities, impairment charged to income	137	1,432
Held-to-maturity securities, impairment charged to other comprehensive income	4,467	2,836
HTM Securities Non-Agency RMBS | Fair Value, Measurements, Nonrecurring | Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Held-to-maturity, Carrying Amount	$ 77,122	$ 85,579

FAIR VALUE - LOANS HELD-FOR-SAL

FAIR VALUE - LOANS HELD-FOR-SALE (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Fair Value Disclosures [Abstract]
Aggregate fair value	$ 20,871	$ 25,430	$ 20,575
Contractual balance	20,226	24,886	20,138
Gain	645	544	437
Interest income	826	671	545
Change in fair value	(846)	1,505	(1,526)
Total change in fair value	$ (20)	$ 2,176	$ (981)

FAIR VALUE - QUANTITATIVE INF52

FAIR VALUE - QUANTITATIVE INFORMATION FOR LEVEL 3 FAIR VALUE MEASURMENTS (NONRECURRING) (Details) - USD ($) $ in Thousands		12 Months Ended
		Jun. 30, 2016	Jun. 30, 2015
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Held to maturity - Fair Value		$ 202,677	$ 228,323
Level 3
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Held to maturity - Fair Value		$ 125,262	144,882
Level 3 | HTM Securities Non-Agency RMBS | Minimum | Discounted cash flows
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Projected Loss Severity		40.00%
Level 3 | HTM Securities Non-Agency RMBS | Maximum | Discounted cash flows
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Projected Loss Severity		68.80%
Fair Value, Measurements, Nonrecurring
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans, fair value		$ 32,069	31,048
Other real estate owned and foreclosed assets, fair value		252	1,240
Fair Value, Measurements, Nonrecurring | Impaired Loans, Mortgage
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans, fair value		28,610	23,059
Fair Value, Measurements, Nonrecurring | Impaired Loans, Home Equity
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans, fair value		33
Fair Value, Measurements, Nonrecurring | Impaired Loans, Home Equity | Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans, fair value			9
Fair Value, Measurements, Nonrecurring | Impaired Loans, Multifamily Real Estate
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans, fair value		2,218	5,399
Fair Value, Measurements, Nonrecurring | Impaired Loans, Commercial real estate secured
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans, fair value		254	2,128
Fair Value, Measurements, Nonrecurring | Impaired Loans, Auto and RV Secured
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans, fair value		278	453
Fair Value, Measurements, Nonrecurring | Other Real Estate Owned, Single Family Real Estate
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Other real estate owned and foreclosed assets, fair value			463
Fair Value, Measurements, Nonrecurring | Other Real Estate Owned, Multifamily Real Estate
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Other real estate owned and foreclosed assets, fair value		207	762
Fair Value, Measurements, Nonrecurring | Foreclosed assets, Autos and RVs
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Other real estate owned and foreclosed assets, fair value		45	15
Fair Value, Measurements, Nonrecurring | HTM Securities Non-Agency RMBS
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Held to maturity - Fair Value		79,164	88,094
Fair Value, Measurements, Nonrecurring | Level 3
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans, fair value		32,069	31,048
Other real estate owned and foreclosed assets, fair value		252	1,240
Fair Value, Measurements, Nonrecurring | Level 3 | Impaired Loans, Mortgage | Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans, fair value		$ 28,610	$ 23,059
Fair Value, Measurements, Nonrecurring | Level 3 | Impaired Loans, Mortgage | Minimum | Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Comparability Adjustments		(40.60%)	(52.50%)
Fair Value, Measurements, Nonrecurring | Level 3 | Impaired Loans, Mortgage | Maximum | Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Comparability Adjustments		69.50%	53.70%
Fair Value, Measurements, Nonrecurring | Level 3 | Impaired Loans, Mortgage | Weighted Average | Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Comparability Adjustments	[1]	6.20%	3.90%
Fair Value, Measurements, Nonrecurring | Level 3 | Impaired Loans, Home Equity
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans, fair value			$ 9
Fair Value, Measurements, Nonrecurring | Level 3 | Impaired Loans, Home Equity | Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans, fair value		$ 33
Fair Value, Measurements, Nonrecurring | Level 3 | Impaired Loans, Home Equity | Minimum | Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Comparability Adjustments		(27.20%)	(9.70%)
Fair Value, Measurements, Nonrecurring | Level 3 | Impaired Loans, Home Equity | Maximum | Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Comparability Adjustments		0.00%	5.50%
Fair Value, Measurements, Nonrecurring | Level 3 | Impaired Loans, Home Equity | Weighted Average | Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Comparability Adjustments	[1]	(11.10%)	(2.10%)
Fair Value, Measurements, Nonrecurring | Level 3 | Impaired Loans, Multifamily Real Estate | Sales comparison approach and income approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans, fair value		$ 2,218	$ 5,399
Fair Value, Measurements, Nonrecurring | Level 3 | Impaired Loans, Multifamily Real Estate | Minimum | Sales comparison approach and income approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Comparability Adjustments		(29.70%)	(73.40%)
Fair Value, Measurements, Nonrecurring | Level 3 | Impaired Loans, Multifamily Real Estate | Maximum | Sales comparison approach and income approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Comparability Adjustments		58.00%	80.60%
Fair Value, Measurements, Nonrecurring | Level 3 | Impaired Loans, Multifamily Real Estate | Weighted Average | Sales comparison approach and income approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Comparability Adjustments	[1]	3.00%	(8.30%)
Fair Value, Measurements, Nonrecurring | Level 3 | Impaired Loans, Commercial real estate secured | Sales comparison approach and income approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans, fair value		$ 254	$ 2,128
Fair Value, Measurements, Nonrecurring | Level 3 | Impaired Loans, Commercial real estate secured | Minimum | Sales comparison approach and income approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Comparability Adjustments		0.00%	(66.50%)
Fair Value, Measurements, Nonrecurring | Level 3 | Impaired Loans, Commercial real estate secured | Maximum | Sales comparison approach and income approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Comparability Adjustments		66.70%	81.10%
Fair Value, Measurements, Nonrecurring | Level 3 | Impaired Loans, Commercial real estate secured | Weighted Average | Sales comparison approach and income approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Comparability Adjustments	[1]	33.30%	(10.30%)
Fair Value, Measurements, Nonrecurring | Level 3 | Impaired Loans, Auto and RV Secured | Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans, fair value		$ 278	$ 453
Fair Value, Measurements, Nonrecurring | Level 3 | Impaired Loans, Auto and RV Secured | Minimum | Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Comparability Adjustments		0.00%	0.00%
Fair Value, Measurements, Nonrecurring | Level 3 | Impaired Loans, Auto and RV Secured | Maximum | Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Comparability Adjustments		22.80%	66.20%
Fair Value, Measurements, Nonrecurring | Level 3 | Impaired Loans, Auto and RV Secured | Weighted Average | Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Comparability Adjustments	[1]	10.60%	10.80%
Fair Value, Measurements, Nonrecurring | Level 3 | Impaired Loans, Other
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans, fair value		$ 676
Fair Value, Measurements, Nonrecurring | Level 3 | Impaired Loans, Other | Discounted cash flows
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans, fair value		$ 676
Fair Value, Measurements, Nonrecurring | Level 3 | Impaired Loans, Other | Minimum | Discounted cash flows
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Projected Constant Prepayment Rate		0.00%
Constant Default Rate		0.00%
Projected Loss Severity		100.00%
Discount Rate over Treasury/LIBOR		6.60%
Fair Value, Measurements, Nonrecurring | Level 3 | Impaired Loans, Other | Maximum | Discounted cash flows
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Projected Constant Prepayment Rate		0.00%
Constant Default Rate		10.00%
Projected Loss Severity		100.00%
Discount Rate over Treasury/LIBOR		8.00%
Fair Value, Measurements, Nonrecurring | Level 3 | Impaired Loans, Other | Weighted Average | Discounted cash flows
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Projected Constant Prepayment Rate	[1]	0.00%
Constant Default Rate	[1]	5.00%
Projected Loss Severity	[1]	100.00%
Discount Rate over Treasury/LIBOR	[1]	7.30%
Fair Value, Measurements, Nonrecurring | Level 3 | Other Real Estate Owned, Single Family Real Estate | Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Other real estate owned and foreclosed assets, fair value			$ 463
Fair Value, Measurements, Nonrecurring | Level 3 | Other Real Estate Owned, Single Family Real Estate | Minimum | Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Comparability Adjustments			(20.30%)
Fair Value, Measurements, Nonrecurring | Level 3 | Other Real Estate Owned, Single Family Real Estate | Maximum | Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Comparability Adjustments			12.10%
Fair Value, Measurements, Nonrecurring | Level 3 | Other Real Estate Owned, Single Family Real Estate | Weighted Average | Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Comparability Adjustments	[1]		(4.10%)
Fair Value, Measurements, Nonrecurring | Level 3 | Other Real Estate Owned, Multifamily Real Estate | Sales comparison approach and income approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Other real estate owned and foreclosed assets, fair value		$ 207	$ 762
Fair Value, Measurements, Nonrecurring | Level 3 | Other Real Estate Owned, Multifamily Real Estate | Minimum | Sales comparison approach and income approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Comparability Adjustments		0.00%	(37.10%)
Fair Value, Measurements, Nonrecurring | Level 3 | Other Real Estate Owned, Multifamily Real Estate | Maximum | Sales comparison approach and income approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Comparability Adjustments		25.00%	48.60%
Fair Value, Measurements, Nonrecurring | Level 3 | Other Real Estate Owned, Multifamily Real Estate | Weighted Average | Sales comparison approach and income approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Comparability Adjustments	[1]	12.50%	5.70%
Fair Value, Measurements, Nonrecurring | Level 3 | Foreclosed assets, Autos and RVs | Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Other real estate owned and foreclosed assets, fair value		$ 45	$ 15
Fair Value, Measurements, Nonrecurring | Level 3 | Foreclosed assets, Autos and RVs | Minimum | Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Comparability Adjustments		0.00%	0.00%
Fair Value, Measurements, Nonrecurring | Level 3 | Foreclosed assets, Autos and RVs | Maximum | Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Comparability Adjustments		20.60%	20.70%
Fair Value, Measurements, Nonrecurring | Level 3 | Foreclosed assets, Autos and RVs | Weighted Average | Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Comparability Adjustments	[1]	10.20%	10.30%
Fair Value, Measurements, Nonrecurring | Level 3 | HTM Securities Non-Agency RMBS | Discounted cash flows
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Held to maturity - Fair Value		$ 79,164	$ 88,094
Fair Value, Measurements, Nonrecurring | Level 3 | HTM Securities Non-Agency RMBS | Minimum | Discounted cash flows
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Projected Constant Prepayment Rate		2.60%	5.00%
Constant Default Rate		1.50%	1.50%
Projected Loss Severity		40.00%	15.00%
Discount Rate over Treasury/LIBOR		2.90%	3.00%
Fair Value, Measurements, Nonrecurring | Level 3 | HTM Securities Non-Agency RMBS | Maximum | Discounted cash flows
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Projected Constant Prepayment Rate		48.80%	43.80%
Constant Default Rate		17.80%	14.60%
Projected Loss Severity		65.90%	65.50%
Discount Rate over Treasury/LIBOR		8.20%	6.90%
Fair Value, Measurements, Nonrecurring | Level 3 | HTM Securities Non-Agency RMBS | Weighted Average | Discounted cash flows
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Projected Constant Prepayment Rate	[1]	12.00%	10.50%
Constant Default Rate	[1]	5.70%	6.70%
Projected Loss Severity	[1]	56.50%	54.40%
Discount Rate over Treasury/LIBOR	[1]	5.70%	5.80%
[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.

FAIR VALUE - FAIR VALUE BY BALA

FAIR VALUE - FAIR VALUE BY BALANCE SHEET GROUPING (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Financial assets:
Securities trading	$ 7,584	$ 7,832
Securities available-for-sale	265,447	163,361
Securities held-to-maturity	202,677	228,323
Loans held for sale, at fair value	20,871	25,430	$ 20,575
Loans held for sale, at lower of cost or fair value	33,530	77,891
Carrying (Reported) Amount, Fair Value Disclosure
Financial assets:
Cash and cash equivalents	486,727	222,874
Securities trading	7,584	7,832
Securities available-for-sale	265,447	163,361
Securities held-to-maturity	199,174	225,555
Loans held for sale, at fair value	20,871	25,430
Loans held for sale, at lower of cost or fair value	33,530	77,891
Loans and leases held for investment—net	6,354,679	4,928,618
Accrued interest receivable	26,201	20,268
Mortgage servicing rights	3,943	2,098
Financial liabilities:
Total deposits	6,044,051	4,451,917
Securities sold under agreements to repurchase	35,000	35,000
Advances from the Federal Home Loan Bank	727,000	753,000
Subordinated notes and debentures	58,066	5,155
Accrued interest payable	1,667	1,266
Total
Financial assets:
Cash and cash equivalents	486,727	222,874
Securities trading	7,584	7,832
Securities available-for-sale	265,447	163,361
Securities held-to-maturity	202,677	228,323
Loans held for sale, at fair value	20,871	25,430
Loans held for sale, at lower of cost or fair value	33,530	77,932
Loans and leases held for investment—net	6,640,918	5,011,596
Accrued interest receivable	26,201	20,268
Mortgage servicing rights	3,943	2,098
Financial liabilities:
Total deposits	5,946,991	4,385,034
Securities sold under agreements to repurchase	36,391	37,489
Advances from the Federal Home Loan Bank	747,940	757,265
Subordinated notes and debentures	58,299	5,155
Accrued interest payable	1,667	1,266
Level 1
Financial assets:
Cash and cash equivalents	486,727	222,874
Securities trading	0	0
Securities available-for-sale	0	0
Securities held-to-maturity	0	0
Loans held for sale, at fair value	0	0
Loans held for sale, at lower of cost or fair value	0	0
Loans and leases held for investment—net	0	0
Accrued interest receivable	0	0
Mortgage servicing rights	0	0
Financial liabilities:
Total deposits	0	0
Securities sold under agreements to repurchase	0	0
Advances from the Federal Home Loan Bank	0	0
Subordinated notes and 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	256,083	136,728
Securities held-to-maturity	77,415	83,441
Loans held for sale, at fair value	20,871	25,430
Loans held for sale, at lower of cost or fair value	0	0
Loans and leases held for investment—net	0	0
Accrued interest receivable	0	0
Mortgage servicing rights	0	0
Financial liabilities:
Total deposits	5,946,991	4,385,034
Securities sold under agreements to repurchase	36,391	37,489
Advances from the Federal Home Loan Bank	747,940	757,265
Subordinated notes and debentures	58,299	5,155
Accrued interest payable	1,667	1,266
Level 3
Financial assets:
Cash and cash equivalents	0	0
Securities trading	7,584	7,832
Securities available-for-sale	9,364	26,633
Securities held-to-maturity	125,262	144,882
Loans held for sale, at fair value	0	0
Loans held for sale, at lower of cost or fair value	33,530	77,932
Loans and leases held for investment—net	6,640,918	5,011,596
Accrued interest receivable	26,201	20,268
Mortgage servicing rights	3,943	2,098
Financial liabilities:
Total deposits	0	0
Securities sold under agreements to repurchase	0	0
Advances from the Federal Home Loan Bank	0	0
Subordinated notes and debentures	0	0
Accrued interest payable	$ 0	$ 0

SECURITIES - SCHEDULE OF MARKET

SECURITIES - SCHEDULE OF MARKETABLE SECURITIES (Details) - USD ($) $ in Thousands		Jun. 30, 2016		Jun. 30, 2015
Schedule of Trading Securities and Other Trading Assets [Line Items]
Securities trading		$ 7,584		$ 7,832
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale, Amortized Cost		263,158		159,484
Available-for-sale, Unrealized Gains		2,496		5,197
Available-for-sale, Unrealized Losses		(207)		(1,320)
Available for sale		265,447		163,361
Schedule of Held-to-maturity Securities [Line Items]
Held-to-maturity, Carrying Amount		199,174		225,555
Held-to-maturity, Unrecognized Gains		13,548		15,517
Held-to-maturity, Unrecognized Losses		(10,045)		(12,749)
Held to maturity - Fair Value		202,677		228,323
Mortgage-backed securities (RMBS)
Schedule of Trading Securities and Other Trading Assets [Line Items]
Securities trading		0		0
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale, Amortized Cost		42,299		67,537
Available-for-sale, Unrealized Gains		810		3,536
Available-for-sale, Unrealized Losses		(23)		(949)
Available for sale		43,086		70,124
U.S. agencies
Schedule of Trading Securities and Other Trading Assets [Line Items]
Securities trading	[1]	0		0
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale, Amortized Cost	[1]	33,256		43,738
Available-for-sale, Unrealized Gains	[1]	489		701
Available-for-sale, Unrealized Losses	[1]	(23)		(948)
Available for sale	[1]	33,722	[2]	43,491
Non-agency
Schedule of Trading Securities and Other Trading Assets [Line Items]
Securities trading	[3]	0		0
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale, Amortized Cost	[3]	9,043		23,799
Available-for-sale, Unrealized Gains	[3]	321		2,835
Available-for-sale, Unrealized Losses	[3]	0		(1)
Available for sale	[3]	9,364		26,633
Schedule of Held-to-maturity Securities [Line Items]
Held-to-maturity, Carrying Amount		128,211
Other Debt Securities
Schedule of Trading Securities and Other Trading Assets [Line Items]
Securities trading		7,584		7,832
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale, Amortized Cost		220,859		91,947
Available-for-sale, Unrealized Gains		1,686		1,661
Available-for-sale, Unrealized Losses		(184)		(371)
Available for sale		222,361		93,237
U.S. agencies
Schedule of Trading Securities and Other Trading Assets [Line Items]
Securities trading	[1]	0		0
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale, Amortized Cost	[1]	0		0
Available-for-sale, Unrealized Gains	[1]	0		0
Available-for-sale, Unrealized Losses	[1]	0		0
Available for sale	[1]	0		0
Municipal
Schedule of Trading Securities and Other Trading Assets [Line Items]
Securities trading		0		0
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale, Amortized Cost		34,543		21,731
Available-for-sale, Unrealized Gains		185		390
Available-for-sale, Unrealized Losses		(10)		(86)
Available for sale		34,718		22,035
Non-agency
Schedule of Trading Securities and Other Trading Assets [Line Items]
Securities trading		7,584		7,832
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale, Amortized Cost		186,316		70,216
Available-for-sale, Unrealized Gains		1,501		1,271
Available-for-sale, Unrealized Losses		(174)		(285)
Available for sale		187,643		71,202
Mortgage-backed securities (RMBS)
Schedule of Held-to-maturity Securities [Line Items]
Held-to-maturity, Carrying Amount		163,278		189,579
Held-to-maturity, Unrecognized Gains		7,938		11,443
Held-to-maturity, Unrecognized Losses		(10,045)		(12,749)
Held to maturity - Fair Value		161,171		188,273
Other Debt Securities
Schedule of Held-to-maturity Securities [Line Items]
Held-to-maturity, Carrying Amount		35,896		35,976
Held-to-maturity, Unrecognized Gains		5,610		4,074
Held-to-maturity, Unrecognized Losses		0		0
Held to maturity - Fair Value		$ 41,506		$ 40,050
[1]	U.S. government-backed or government sponsored enterprises including Fannie Mae, Freddie Mac and Ginnie Mae.
[2]	Residential mortgage-backed security (RMBS) distributions include impact of expected prepayments and other timing factors.
[3]	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.

SECURITIES - NARRATIVE (Details

SECURITIES - NARRATIVE (Details)		12 Months Ended
		Jun. 30, 2016USD ($)security	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)
Marketable Securities [Line Items]
Securities available-for-sale		$ 265,447,000	$ 163,361,000
Held-to-maturity, Carrying Amount		199,174,000	225,555,000
Certain Loans Acquired in Transfer Accounted for as Debt Securities [Abstract]
Senior Support Securities, Other-than temporary loss on security		3,472,000	6,805,000	$ 2,359,000
Debt securities available-for-sale and held-to-maturity pledged to secure borrowings		39,961,000	39,014,000
Non-agency
Marketable Securities [Line Items]
Securities available-for-sale	[1]	9,364,000	26,633,000
Held-to-maturity, Carrying Amount		128,211,000
RMBS, Super Senior Securities
Marketable Securities [Line Items]
Securities available-for-sale		$ 9,352,000
Available-for-sale, number of securities | security		15
Held-to-maturity, Carrying Amount		$ 125,985,000
Held-to-maturity, number of securities | security		75
RMBS, Mezzanine Z-Tranche Securities
Marketable Securities [Line Items]
Securities available-for-sale		$ 12,000
Available-for-sale, number of securities | security		2
RMBS, Senior-Support Securities
Marketable Securities [Line Items]
Held-to-maturity, Carrying Amount		$ 2,226,000
Held-to-maturity, number of securities | security		1
Certain Loans Acquired in Transfer Accounted for as Debt Securities [Abstract]
Senior Support Securities, Number (in number of securities) | security		1
Senior Support Securities, Cost		$ 17,740,000
Senior Support Securities, Original Carrying Amount		30,560,000
Senior Support Securities, Accretable Yield		9,015,000
Senior Support Securities, Nonaccretable Yield		3,805,000
Senior Support Securities, Other-than temporary loss on security		0	$ 0
Senior Support Securities, Carrying Amount, Net		0
Senior Support Securities, Amortizable Premium		0
Senior Support Securities, Nonamortizable Premium		$ 2,472,000
[1]	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.

SECURITIES - SCHEDULE OF UNREAL

SECURITIES - SCHEDULE OF UNREALIZED LOSS ON INVESTMENTS (Details) $ in Thousands	Jun. 30, 2016USD ($)security	Jun. 30, 2015USD ($)security
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]
Available-for-sale securities in loss position for less than 12 months, Fair Value	$ 15,833	$ 22,102
Available-for-sale securities in loss position for less than 12 months, Gross Unrealized Losses	(15)	(374)
Available-for-sale securities in loss position for more than 12 months, Fair Value	22,057	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	37,890	47,076
Available-for-sale securities in loss position, Total, Gross Unrealized Losses	(207)	(1,320)
Held-to-maturity Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]
Held-to-maturity securities in loss position for less than 12 months, Fair Value	15,140	23,450
Held-to-maturity securities for less than 12 months, Gross Unrealized Losses	(420)	(1,802)
Held-to-maturity securities in loss position for more than 12 months, Fair Value	53,372	67,090
Held-to-maturity securities in loss position for more than 12 months, Gross Unrealized Losses	(9,625)	(10,947)
Held-to-maturity securities in loss position, Total, Fair Value	68,512	90,540
Held-to-maturity securities in loss position, Total, Gross Unrealized Losses	$ (10,045)	$ (12,749)
Number of securities in a continuous loss position | security	26	32
Mortgage-backed securities (RMBS)
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]
Available-for-sale securities in loss position for less than 12 months, Fair Value	$ 0	$ 1,644
Available-for-sale securities in loss position for less than 12 months, Gross Unrealized Losses	0	(3)
Available-for-sale securities in loss position for more than 12 months, Fair Value	5,094	24,974
Available-for-sale securities in loss position for more than 12 months, Gross Unrealized Losses	(23)	(946)
Available-for-sale securities in loss position, Total, Fair Value	5,094	26,618
Available-for-sale securities in loss position, Total, Gross Unrealized Losses	(23)	(949)
Held-to-maturity Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]
Held-to-maturity securities in loss position for less than 12 months, Fair Value	15,140	23,450
Held-to-maturity securities for less than 12 months, Gross Unrealized Losses	(420)	(1,802)
Held-to-maturity securities in loss position for more than 12 months, Fair Value	53,372	67,090
Held-to-maturity securities in loss position for more than 12 months, Gross Unrealized Losses	(9,625)	(10,947)
Held-to-maturity securities in loss position, Total, Fair Value	68,512	90,540
Held-to-maturity securities in loss position, Total, Gross Unrealized Losses	(10,045)	(12,749)
U.S. agencies
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]
Available-for-sale securities in loss position for less than 12 months, Fair Value	0	369
Available-for-sale securities in loss position for less than 12 months, Gross Unrealized Losses	0	(2)
Available-for-sale securities in loss position for more than 12 months, Fair Value	5,094	24,974
Available-for-sale securities in loss position for more than 12 months, Gross Unrealized Losses	(23)	(946)
Available-for-sale securities in loss position, Total, Fair Value	5,094	25,343
Available-for-sale securities in loss position, Total, Gross Unrealized Losses	(23)	(948)
Held-to-maturity Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]
Held-to-maturity securities in loss position for less than 12 months, Fair Value	129	0
Held-to-maturity securities for less than 12 months, Gross Unrealized Losses	(1)	0
Held-to-maturity securities in loss position for more than 12 months, Fair Value	0	0
Held-to-maturity securities in loss position for more than 12 months, Gross Unrealized Losses	0	0
Held-to-maturity securities in loss position, Total, Fair Value	129	0
Held-to-maturity securities in loss position, Total, Gross Unrealized Losses	(1)	0
Non-agency
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]
Available-for-sale securities in loss position for less than 12 months, Fair Value	0	1,275
Available-for-sale securities in loss position for less than 12 months, Gross Unrealized Losses	0	(1)
Available-for-sale securities in loss position for more than 12 months, Fair Value	0	0
Available-for-sale securities in loss position for more than 12 months, Gross Unrealized Losses	0	0
Available-for-sale securities in loss position, Total, Fair Value	0	1,275
Available-for-sale securities in loss position, Total, Gross Unrealized Losses	0	(1)
Held-to-maturity Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]
Held-to-maturity securities in loss position for less than 12 months, Fair Value	15,011	23,450
Held-to-maturity securities for less than 12 months, Gross Unrealized Losses	(419)	(1,802)
Held-to-maturity securities in loss position for more than 12 months, Fair Value	53,372	67,090
Held-to-maturity securities in loss position for more than 12 months, Gross Unrealized Losses	(9,625)	(10,947)
Held-to-maturity securities in loss position, Total, Fair Value	68,383	90,540
Held-to-maturity securities in loss position, Total, Gross Unrealized Losses	(10,044)	(12,749)
Other Debt Securities
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]
Available-for-sale securities in loss position for less than 12 months, Fair Value	15,833	20,458
Available-for-sale securities in loss position for less than 12 months, Gross Unrealized Losses	(15)	(371)
Available-for-sale securities in loss position for more than 12 months, Fair Value	16,963	0
Available-for-sale securities in loss position for more than 12 months, Gross Unrealized Losses	(169)	0
Available-for-sale securities in loss position, Total, Fair Value	32,796	20,458
Available-for-sale securities in loss position, Total, Gross Unrealized Losses	(184)	(371)
Held-to-maturity Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]
Held-to-maturity securities in loss position for less than 12 months, Fair Value	0	0
Held-to-maturity securities 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, Total, Gross Unrealized Losses	0	0
U.S. agencies
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]
Available-for-sale securities in loss position for less than 12 months, Fair Value	0
Available-for-sale securities in loss position for less than 12 months, Gross Unrealized Losses	0
Available-for-sale securities in loss position for more than 12 months, Fair Value	0
Available-for-sale securities in loss position for more than 12 months, Gross Unrealized Losses	0
Available-for-sale securities in loss position, Total, Fair Value	0
Available-for-sale securities in loss position, Total, Gross Unrealized Losses	0
Held-to-maturity Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]
Held-to-maturity securities in loss position for less than 12 months, Fair Value	0
Held-to-maturity securities for less than 12 months, Gross Unrealized Losses	0
Held-to-maturity securities in loss position for more than 12 months, Fair Value	0
Held-to-maturity securities in loss position for more than 12 months, Gross Unrealized Losses	0
Held-to-maturity securities in loss position, Total, Fair Value	0
Held-to-maturity securities in loss position, Total, Gross Unrealized Losses	0
Municipal
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]
Available-for-sale securities in loss position for less than 12 months, Fair Value	10,267	1,358
Available-for-sale securities in loss position for less than 12 months, Gross Unrealized Losses	(10)	(86)
Available-for-sale securities in loss position for more than 12 months, Fair Value	0	0
Available-for-sale securities in loss position for more than 12 months, Gross Unrealized Losses	0	0
Available-for-sale securities in loss position, Total, Fair Value	10,267	1,358
Available-for-sale securities in loss position, Total, Gross Unrealized Losses	(10)	(86)
Held-to-maturity Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]
Held-to-maturity securities in loss position for less than 12 months, Fair Value	0	0
Held-to-maturity securities 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, Total, Gross Unrealized Losses	0	0
Non-agency
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]
Available-for-sale securities in loss position for less than 12 months, Fair Value	5,566	19,100
Available-for-sale securities in loss position for less than 12 months, Gross Unrealized Losses	(5)	(285)
Available-for-sale securities in loss position for more than 12 months, Fair Value	16,963	0
Available-for-sale securities in loss position for more than 12 months, Gross Unrealized Losses	(169)	0
Available-for-sale securities in loss position, Total, Fair Value	22,529	19,100
Available-for-sale securities in loss position, Total, Gross Unrealized Losses	(174)	(285)
Held-to-maturity Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]
Held-to-maturity securities in loss position for less than 12 months, Fair Value	0	0
Held-to-maturity securities 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, Total, Gross Unrealized Losses	$ 0	$ 0

SECURITIES - OTHER THAN TEMPORA

SECURITIES - OTHER THAN TEMPORARY IMPAIRMENT, CREDIT LOSSES RECOGNIZED IN EARNINGS (Details) - Non-agency $ in Thousands	12 Months Ended
	Jun. 30, 2016USD ($)security	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Roll Forward]
Beginning balance	$ (20,503)	$ (18,138)	$ (15,336)
Additions for the amounts related to the credit loss for which an other-than-temporary impairment was not previously recognized	(112)	(742)	(206)
Increases to the amount related to the credit loss for which other-than-temporary impairment was previously recognized	(453)	(1,623)	(2,596)
Credit losses realized for securities sold	203	0
Ending balance	$ (20,865)	(20,503)	(18,138)
Securities with Cumulative Credit Losses, Number (in number of securities) | security	51
Securities with Cumulative Credit Losses, Carrying Amount	$ 85,632
OTTI recognized in earnings	$ 565	$ 2,365	$ 2,802
Securities With Other Than Temporary Impairment, Number (in number of securities) | security	10
Securities with Other Than Temporary Impairment, Carrying Value	$ 7,832

SECURITIES - REALIZED GAIN (LOS

SECURITIES - REALIZED GAIN (LOSS) ON INVESTMENTS (Details) $ in Thousands	12 Months Ended
	Jun. 30, 2016USD ($)security	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)
Investments, Debt and Equity Securities [Abstract]
Number of securities sold | security	8
Sold security, at carrying value	$ 13,542
Available-for-sale Securities, Gross Realized Gain (Loss) [Abstract]
Proceeds	14,969	$ 9,614	$ 3,723
Gross realized gains	1,427	587	0
Net gains on securities	$ 1,427	$ 587	$ 0

SECURITIES - UNREALIZED GAIN (L

SECURITIES - UNREALIZED GAIN (LOSS) ON INVESTMENTS (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Jun. 30, 2015
Investments, Debt and Equity Securities [Abstract]
Available-for-sale debt securities—net unrealized gains	$ 2,288	$ 3,877
Available-for-sale debt securities—non-credit related	(138)	(271)
Held-to-maturity debt securities—non-credit related	(14,129)	(18,597)
Subtotal	(11,979)	(14,991)
Tax benefit	4,675	5,592
Net unrealized loss on investment securities in accumulated other comprehensive loss	$ (7,304)	$ (9,399)

SECURITIES - INVESTMENTS CLASSI

SECURITIES - INVESTMENTS CLASSIFIED BY CONTRACTUAL MATURITY DATE (Details) - USD ($) $ in Thousands		Jun. 30, 2016		Jun. 30, 2015
Available-for-Sale, Amortized Cost
Available-for-sale, Amortized Cost		$ 263,158
Available-for-Sale, Fair Value
Available-for-sale, Fair Value		265,447		$ 163,361
Held-to-maturity, Carrying Amount
Held-to-maturity, Carrying Amount		199,174
Held-to-maturity, Fair Value
Held-to-maturity, Fair Value		202,677		228,323
Trading Securities, Fair Value		7,584
Mortgage-backed securities (RMBS)
Held-to-maturity, Fair Value
Held-to-maturity, Fair Value		161,171		188,273
U.S. agencies
Held-to-maturity, Carrying Amount
Due within one year	[1]	1,168
Due one to five years	[1]	4,532
Due five to ten years	[1]	5,201
Due after ten years	[1]	24,166
Held-to-maturity, Carrying Amount	[1]	35,067
Held-to-maturity, Fair Value
Due within one year	[1]	1,226
Due one to five years	[1]	4,751
Due five to ten years	[1]	5,439
Due after ten years	[1]	24,493
Held-to-maturity, Fair Value	[2]	35,909	[1]	43,391
Non-agency
Held-to-maturity, Carrying Amount
Due within one year		15,953
Due one to five years		46,229
Due five to ten years		36,350
Due after ten years		29,679
Held-to-maturity, Carrying Amount		128,211
Held-to-maturity, Fair Value
Due within one year		15,778
Due one to five years		45,859
Due five to ten years		35,503
Due after ten years		28,122
Held-to-maturity, Fair Value	[3]	125,262		144,882
Other Debt Securities
Held-to-maturity, Carrying Amount
Due within one year		1,060
Due one to five years		4,922
Due five to ten years		7,725
Due after ten years		22,189
Held-to-maturity, Carrying Amount		35,896
Held-to-maturity, Fair Value
Due within one year		1,221
Due one to five years		5,668
Due five to ten years		8,900
Due after ten years		25,717
Held-to-maturity, Fair Value		41,506		40,050
U.S. agencies
Available-for-Sale, Amortized Cost
Due within one year	[1]	3,206
Due one to five years	[1]	10,115
Due five to ten years	[1]	8,233
Due after ten years	[1]	11,702
Available-for-sale, Amortized Cost	[1]	33,256
Available-for-Sale, Fair Value
Due within one year	[1]	3,239
Due one to five years	[1]	10,234
Due five to ten years	[1]	8,350
Due after ten years	[1]	11,899
Available-for-sale, Fair Value	[2]	33,722	[1]	43,491
Non-agency
Available-for-Sale, Amortized Cost
Due within one year		2,917
Due one to five years		4,677
Due five to ten years		1,136
Due after ten years		313
Available-for-sale, Amortized Cost		9,043
Available-for-Sale, Fair Value
Due within one year		3,018
Due one to five years		4,852
Due five to ten years		1,165
Due after ten years		329
Available-for-sale, Fair Value	[3]	9,364		26,633
Other Debt Securities
Available-for-Sale, Amortized Cost
Due within one year		101,272
Due one to five years		111,227
Due five to ten years		4,457
Due after ten years		3,903
Available-for-sale, Amortized Cost		220,859
Available-for-Sale, Fair Value
Due within one year		101,653
Due one to five years		112,240
Due five to ten years		4,526
Due after ten years		3,942
Available-for-sale, Fair Value		222,361		$ 93,237
Held-to-maturity, Fair Value
Trading Securities, after ten years		7,584
Trading Securities, Fair Value		$ 7,584
[1]	Residential mortgage-backed security (RMBS) distributions include impact of expected prepayments and other timing factors.
[2]	U.S. government-backed or government sponsored enterprises including Fannie Mae, Freddie Mac and Ginnie Mae.
[3]	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.

LOANS, LEASES & ALLOWANCE FOR61

LOANS, LEASES & ALLOWANCE FOR LOAN AND LEASE LOSSES - COMPOSITION OF LOANS (Details) - USD ($) $ in Thousands		Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans		$ 6,402,459	$ 5,001,271
Allowance for loan and lease losses		(35,826)	(28,327)	$ (18,373)	$ (14,182)
Unaccreted discounts and loan and lease fees		(11,954)	(44,326)
Total net loans and leases		6,354,679	4,928,618
Mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans		3,678,520	2,980,795
Allowance for loan and lease losses		(18,666)	(13,664)	(7,959)	(4,812)
Home equity
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans		2,470	3,604
Allowance for loan and lease losses		(23)	(122)	(134)	(183)
Warehouse and other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	[1]	537,714	385,413
Allowance for loan and lease losses		(2,685)	(1,879)	(1,259)	(1,250)
Unaccreted discounts and loan and lease fees		(2,200)	(83)
Multifamily real estate secured
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans		1,373,216	1,185,531
Allowance for loan and lease losses		(3,938)	(4,363)	(3,785)	(3,186)
Commercial real estate secured
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans		121,746	61,403
Allowance for loan and lease losses		(882)	(1,103)	(1,035)	(1,378)
Auto and RV secured
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans		73,676	13,140
Allowance for loan and lease losses		(1,615)	(953)	(812)	(1,536)
Factoring
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans		98,275	122,200
Allowance for loan and lease losses		(245)	(292)	(279)	(201)
Unaccreted discounts and loan and lease fees		(30,533)	(57,223)
Commercial & Industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans		514,300	248,584
Allowance for loan and lease losses		(7,630)	(5,882)	(3,048)	(1,623)
Unaccreted discounts and loan and lease fees		2,172	(1,062)
Consumer & Other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans		2,542	601
Allowance for loan and lease losses		(142)	(69)	$ (62)	$ (13)
Unaccreted discounts and loan and lease fees		(33)	0
Warehouse loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans		$ 173,148	$ 122,003
[1]	The balance of single family warehouse loans was $173,148 at June 30, 2016 and $122,003 at June 30, 2015. The remainder of the balance was attributable to single family lender finance loans.

LOANS, LEASES & ALLOWANCE FOR62

LOANS, LEASES & ALLOWANCE FOR LOAN AND LEASE LOSSES - ACTIVITY FOR ALLOWANCE FOR LOAN LOSSES (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period				$ 28,327				$ 18,373	$ 28,327	$ 18,373	$ 14,182
Provision for loan loss	$ 1,900	$ 2,000	$ 3,400	$ 2,400	$ 2,900	$ 2,900	$ 2,900	$ 2,500	9,700	11,200	5,350
Charged off									(808)	(1,561)	(1,591)
Transfers to held for sale									(2,727)	0	0
Recoveries									1,334	315	432
Balance, end of period	$ 35,826				$ 28,327				$ 35,826	$ 28,327	$ 18,373

LOANS, LEASES & ALLOWANCE FOR63

LOANS, LEASES & ALLOWANCE FOR LOAN AND LEASE LOSSES - IMPAIRED LOANS (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Receivables [Abstract]
Non-performing loans and leases—90 days past due plus other non-accrual loans and leases	$ 28,790	$ 25,873	$ 16,390
Troubled debt restructured loans—non-accrual	3,069	4,958	3,995
Troubled debt restructured loans—performing	210	217	2,379
Total impaired loans and leases	$ 32,069	$ 31,048	$ 22,764

LOANS, LEASES & ALLOWANCE FOR64

LOANS, LEASES & ALLOWANCE FOR LOAN AND LEASE LOSSES - LOANS NARRATIVE (Details)	12 Months Ended
	Jun. 30, 2016USD ($)loan	Jun. 30, 2015USD ($)loan
Financing Receivable, Impaired [Line Items]
Write offs on impaired loans	$ 3,401,000
Impaired loans with no specific allowance	32,069,000
Average carrying value of impaired loans	28,913,000	$ 29,967,000
Loans past due ninety days or more and still accruing	0	0
Allowance allocated to restructured loans	$ 1,000	$ 2,000
Number of new related party loans | loan	0	0
Principal payments received on related party loans	$ 334,000	$ 325,000
Ending balance of related party loans	10,209,000	10,543,000
Interest earned on related party loans	102,000	111,000
Purchased loans serviced by others, amount	$ 105,376,000	$ 132,976,000
Purchased loans serviced by others, percent of portfolio	1.65%	2.66%
Fixed Interest Rate
Financing Receivable, Impaired [Line Items]
Percent of loans by interest rate type	13.29%
Adjustable Interest Rate
Financing Receivable, Impaired [Line Items]
Percent of loans by interest rate type	86.71%
Geographic concentration risk | Real estate loans | CALIFORNIA
Financing Receivable, Impaired [Line Items]
Concentration risk percentage	67.97%	66.36%

LOANS, LEASES & ALLOWANCE FOR65

LOANS, LEASES & ALLOWANCE FOR LOAN AND LEASE LOSSES - ALLOWANCE FOR CREDIT LOSS DISCLOSURES (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Jun. 30, 2015
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	$ 6,370,390	$ 4,970,223
Auto and RV secured
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	73,398	12,687
Single Family, Mortgage
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	3,649,910	2,957,736
Multi-family
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	1,370,998	1,180,132
Interest only loans	838,200
Option adjustable-rate mortgage loans	3,000
Commercial real estate secured
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	121,492	$ 59,275
LTV less than or equal to 60% | Single Family, Mortgage
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	1,934,078
LTV 61% - 70% | Single Family, Mortgage
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	1,364,246
LTV 61% - 70% | Commercial real estate secured
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	40,593
LTV 71% - 80% | Single Family, Mortgage
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	351,384
LTV 71% - 80% | Commercial real estate secured
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	4,271
LTV greater than 80%
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	0
LTV greater than 80% | Single Family, Mortgage
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	202
LTV greater than 80% | Multi-family
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	0
LTV less than or equal to 55% | Multi-family
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	626,504
LTV 56% - 65% | Multi-family
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	439,626
LTV 66% - 75% | Multi-family
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	290,844
LTV 76% - 80% | Multi-family
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	14,024
LTV less than or equal to 50% | Commercial real estate secured
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	47,699
LTV 51% - 60% | Commercial real estate secured
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	28,929
FICO greater than or equal to 770 | Auto and RV secured
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	26,367
FICO 715 - 769 | Auto and RV secured
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	26,731
FICO 700 - 714 | Auto and RV secured
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	8,404
FICO 660 - 699 | Auto and RV secured
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	9,887
FICO less than 660 | Auto and RV secured
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans collectively evaluated for impairment	$ 2,009

LOANS, LEASES & ALLOWANCE FOR66

LOANS, LEASES & ALLOWANCE FOR LOAN AND LEASE LOSSES - ALLOWANCE FOR LOAN LOSS BY CLASS (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period				$ 28,327				$ 18,373	$ 28,327	$ 18,373	$ 14,182
Provision for loan loss	$ 1,900	$ 2,000	$ 3,400	2,400	$ 2,900	$ 2,900	$ 2,900	2,500	9,700	11,200	5,350
Charge-offs									(808)	(1,561)	(1,591)
Transfers to held for sale									(2,727)	0	0
Recoveries									1,334	315	432
Balance, end of period	35,826				28,327				35,826	28,327	18,373
Mortgage
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period				13,664				7,959	13,664	7,959	4,812
Provision for loan loss									5,040	6,305	3,214
Charge-offs									(205)	(747)	(125)
Transfers to held for sale									0
Recoveries									167	147	58
Balance, end of period	18,666				13,664				18,666	13,664	7,959
Home Equity
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period				122				134	122	134	183
Provision for loan loss									(134)	(1)	3
Charge-offs									(3)	(43)	(98)
Transfers to held for sale									0
Recoveries									38	32	46
Balance, end of period	23				122				23	122	134
Warehouse & Other
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period				1,879				1,259	1,879	1,259	1,250
Provision for loan loss									806	620	9
Charge-offs									0	0	0
Transfers to held for sale									0
Recoveries									0	0	0
Balance, end of period	2,685				1,879				2,685	1,879	1,259
Multifamily real estate secured
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period				4,363				3,785	4,363	3,785	3,186
Provision for loan loss									(311)	922	708
Charge-offs									(114)	(344)	(359)
Transfers to held for sale									0
Recoveries									0	0	250
Balance, end of period	3,938				4,363				3,938	4,363	3,785
Commercial real estate secured
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period				1,103				1,035	1,103	1,035	1,378
Provision for loan loss									(1,056)	224	12
Charge-offs									(147)	(156)	(355)
Transfers to held for sale									0
Recoveries									982	0	0
Balance, end of period	882				1,103				882	1,103	1,035
Auto and RV secured
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period				953				812	953	812	1,536
Provision for loan loss									854	288	(142)
Charge-offs									(339)	(271)	(620)
Transfers to held for sale									0
Recoveries									147	124	38
Balance, end of period	1,615				953				1,615	953	812
Factoring
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period				292				279	292	279	201
Provision for loan loss									(47)	13	78
Charge-offs									0	0	0
Transfers to held for sale									0
Recoveries									0	0	0
Balance, end of period	245				292				245	292	279
Commercial & Industrial
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period				5,882				3,048	5,882	3,048	1,623
Provision for loan loss									1,748	2,834	1,425
Charge-offs									0	0	0
Transfers to held for sale									0
Recoveries									0	0	0
Balance, end of period	7,630				5,882				7,630	5,882	3,048
Consumer & Other
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period				$ 69				$ 62	69	62	13
Provision for loan loss									2,800	(5)	43
Charge-offs									0	0	(34)
Transfers to held for sale									(2,727)
Recoveries									0	12	40
Balance, end of period	$ 142				$ 69				$ 142	$ 69	$ 62

LOANS, LEASES & ALLOWANCE FOR67

LOANS, LEASES & ALLOWANCE FOR LOAN AND LEASE LOSSES - LOANS INDIVIDUALLY EVALUATED FOR IMPAIRMENT (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Jun. 30, 2015
Financing Receivable, Evaluated Individually For Impairment, With Related Allowance Recorded [Abstract]
Unpaid Principal Balance	$ 37,059	$ 37,058
Principal Balance Adjustment	4,990	6,010
Unpaid Book Balance	32,069	31,048
Accrued Interest and Origination Fees	977	629
Recorded Investment	33,046	31,677
Related Allowance	$ 692	$ 273
Financing Receivable, Evaluated Individually For Impairment As a Percentage of Gross Loans [Abstract]
Unpaid Principal Balance	0.58%	0.74%
Principal Balance Adjustment	0.08%	0.12%
Unpaid Book Balance	0.50%	0.62%
Accrued Interest and Origination Fees	0.02%	0.01%
Recorded Investment	0.52%	0.63%
Related Allowance	0.01%	0.01%
Single Family, 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	727	657
Unpaid Book Balance	8,262	6,343
Accrued Interest and Origination Fees	657	129
Recorded Investment	8,919	6,472
Financing Receivable, Evaluated Individually For Impairment, With Related Allowance Recorded [Abstract]
Unpaid Principal Balance	14,696	10,142
Principal Balance Adjustment	0	0
Unpaid Book Balance	14,696	10,142
Accrued Interest and Origination Fees	65	0
Recorded Investment	14,761	10,142
Related Allowance	575	214
Single Family, Mortgage | Purchased
Financing Receivable, Evaluated Individually For Impairment, With No Related Allowance Recorded [Abstract]
Unpaid Principal Balance	5,852	6,318
Principal Balance Adjustment	2,132	2,083
Unpaid Book Balance	3,720	4,235
Accrued Interest and Origination Fees	110	157
Recorded Investment	3,830	4,392
Financing Receivable, Evaluated Individually For Impairment, With Related Allowance Recorded [Abstract]
Unpaid Principal Balance	1,932	2,339
Principal Balance Adjustment	0	0
Unpaid Book Balance	1,932	2,339
Accrued Interest and Origination Fees	5	9
Recorded Investment	1,937	2,348
Related Allowance	46	45
Multi-family | In-house originated
Financing Receivable, Evaluated Individually For Impairment, With Related Allowance Recorded [Abstract]
Unpaid Principal Balance	791	3,430
Principal Balance Adjustment	0	0
Unpaid Book Balance	791	3,430
Accrued Interest and Origination Fees	65	43
Recorded Investment	856	3,473
Related Allowance	1	2
Multi-family | Purchased
Financing Receivable, Evaluated Individually For Impairment, With No Related Allowance Recorded [Abstract]
Unpaid Principal Balance	2,520	2,569
Principal Balance Adjustment	1,093	921
Unpaid Book Balance	1,427	1,648
Accrued Interest and Origination Fees	0	0
Recorded Investment	1,427	1,648
Financing Receivable, Evaluated Individually For Impairment, With Related Allowance Recorded [Abstract]
Unpaid Principal Balance		321
Principal Balance Adjustment		0
Unpaid Book Balance		321
Accrued Interest and Origination Fees		20
Recorded Investment		341
Related Allowance		3
Home Equity | In-house originated
Financing Receivable, Evaluated Individually For Impairment, With Related Allowance Recorded [Abstract]
Unpaid Principal Balance	33	9
Principal Balance Adjustment	0	0
Unpaid Book Balance	33	9
Accrued Interest and Origination Fees	0	0
Recorded Investment	33	9
Related Allowance	1	1
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	375	1,534
Unpaid Book Balance	254	2,128
Accrued Interest and Origination Fees	61	254
Recorded Investment	315	2,382
Auto and RV secured | In-house originated
Financing Receivable, Evaluated Individually For Impairment, With No Related Allowance Recorded [Abstract]
Unpaid Principal Balance	902	1,097
Principal Balance Adjustment	663	815
Unpaid Book Balance	239	282
Accrued Interest and Origination Fees	10	13
Recorded Investment	249	295
Financing Receivable, Evaluated Individually For Impairment, With Related Allowance Recorded [Abstract]
Unpaid Principal Balance	39	171
Principal Balance Adjustment	0	0
Unpaid Book Balance	39	171
Accrued Interest and Origination Fees	4	4
Recorded Investment	43	175
Related Allowance	2	$ 8
Consumer and other
Financing Receivable, Evaluated Individually For Impairment, With Related Allowance Recorded [Abstract]
Unpaid Principal Balance	676
Principal Balance Adjustment	0
Unpaid Book Balance	676
Accrued Interest and Origination Fees	0
Recorded Investment	676
Related Allowance	$ 67

LOANS, LEASES & ALLOWANCE FOR68

LOANS, LEASES & ALLOWANCE FOR LOAN AND LEASE LOSSES - ALLOWANCE FOR LOAN LOSS BY PORTFOLIO SEGMENT (Details) - USD ($) $ in Thousands		Jun. 30, 2016	Jun. 30, 2015
Financing Receivable, Allowance for Credit Losses [Line Items]
Ending allowance balance attributable to loans, individually evaluated for impairment		$ 692	$ 273
Ending allowance balance attributable to loans, collectively evaluated for impairment		35,134	28,054
Total ending allowance balance		35,826	28,327
Loans individually evaluated for impairment	[1]	32,069	31,048
Loans collectively evaluated for impairment		6,370,390	4,970,223
Principal loan balance		6,402,459	5,001,271
Unaccreted discounts and loan and lease fees		(11,954)	(44,326)
Accrued interest receivable		22,831	17,557
Total recorded investment in loans		6,413,336	4,974,502
Single Family, Mortgage
Financing Receivable, Allowance for Credit Losses [Line Items]
Ending allowance balance attributable to loans, individually evaluated for impairment		621	259
Ending allowance balance attributable to loans, collectively evaluated for impairment		18,045	13,405
Total ending allowance balance		18,666	13,664
Loans individually evaluated for impairment	[1]	28,610	23,059
Loans collectively evaluated for impairment		3,649,910	2,957,736
Principal loan balance		3,678,520	2,980,795
Unaccreted discounts and loan and lease fees		13,142	10,438
Accrued interest receivable		12,460	10,530
Total recorded investment in loans		3,704,122	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		22	121
Total ending allowance balance		23	122
Loans individually evaluated for impairment	[1]	33	9
Loans collectively evaluated for impairment		2,437	3,595
Principal loan balance		2,470	3,604
Unaccreted discounts and loan and lease fees		24	11
Accrued interest receivable		2	5
Total recorded investment in loans		2,496	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		2,685	1,879
Total ending allowance balance		2,685	1,879
Loans individually evaluated for impairment	[1]	0	0
Loans collectively evaluated for impairment		537,714	385,413
Principal loan balance	[2]	537,714	385,413
Unaccreted discounts and loan and lease fees		(2,200)	(83)
Accrued interest receivable		1,870	306
Total recorded investment in loans		537,384	385,636
Multi-family
Financing Receivable, Allowance for Credit Losses [Line Items]
Ending allowance balance attributable to loans, individually evaluated for impairment		1	5
Ending allowance balance attributable to loans, collectively evaluated for impairment		3,937	4,358
Total ending allowance balance		3,938	4,363
Loans individually evaluated for impairment	[1]	2,218	5,399
Loans collectively evaluated for impairment		1,370,998	1,180,132
Principal loan balance		1,373,216	1,185,531
Unaccreted discounts and loan and lease fees		3,957	3,348
Accrued interest receivable		5,409	4,862
Total recorded investment in loans		1,382,582	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		882	1,103
Total ending allowance balance		882	1,103
Loans individually evaluated for impairment	[1]	254	2,128
Loans collectively evaluated for impairment		121,492	59,275
Principal loan balance		121,746	61,403
Unaccreted discounts and loan and lease fees		542	96
Accrued interest receivable		389	145
Total recorded investment in loans		122,677	61,644
Auto and RV secured
Financing Receivable, Allowance for Credit Losses [Line Items]
Ending allowance balance attributable to loans, individually evaluated for impairment		2	8
Ending allowance balance attributable to loans, collectively evaluated for impairment		1,613	945
Total ending allowance balance		1,615	953
Loans individually evaluated for impairment	[1]	278	453
Loans collectively evaluated for impairment		73,398	12,687
Principal loan balance		73,676	13,140
Unaccreted discounts and loan and lease fees		975	149
Accrued interest receivable		169	73
Total recorded investment in loans		74,820	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		245	292
Total ending allowance balance		245	292
Loans individually evaluated for impairment	[1]	0	0
Loans collectively evaluated for impairment		98,275	122,200
Principal loan balance		98,275	122,200
Unaccreted discounts and loan and lease fees		(30,533)	(57,223)
Accrued interest receivable		327	477
Total recorded investment in loans		68,069	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		7,630	5,882
Total ending allowance balance		7,630	5,882
Loans individually evaluated for impairment	[1]	0	0
Loans collectively evaluated for impairment		514,300	248,584
Principal loan balance		514,300	248,584
Unaccreted discounts and loan and lease fees		2,172	(1,062)
Accrued interest receivable		2,202	1,159
Total recorded investment in loans		518,674	248,681
Consumer & Other
Financing Receivable, Allowance for Credit Losses [Line Items]
Ending allowance balance attributable to loans, individually evaluated for impairment		67	0
Ending allowance balance attributable to loans, collectively evaluated for impairment		75	69
Total ending allowance balance		142	69
Loans individually evaluated for impairment	[1]	676	0
Loans collectively evaluated for impairment		1,866	601
Principal loan balance		2,542	601
Unaccreted discounts and loan and lease fees		(33)	0
Accrued interest receivable		3	0
Total recorded investment in loans		$ 2,512	$ 601
[1]	Loans and leases evaluated for impairment include TDRs that have been performing for more than six months
[2]	The balance of single family warehouse loans was $173,148 at June 30, 2016 and $122,003 at June 30, 2015. The remainder of the balance was attributable to single family lender finance loans.

LOANS, LEASES & ALLOWANCE FOR69

LOANS, LEASES & ALLOWANCE FOR LOAN AND LEASE LOSSES - NONPERFORMING LOANS (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Jun. 30, 2015
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans and leases	$ 31,859	$ 30,831
Total nonaccrual loans secured by real estate	$ 30,905	$ 30,378
Nonperforming loans and leases to total loans (as percent)	0.50%	0.62%
Single Family, Mortgage | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans and leases	$ 22,958	$ 16,485
Single Family, Mortgage | Purchased
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans and leases	5,442	6,357
Home Equity | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans and leases	33	9
Multifamily Real Estate Secured | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans and leases	791	3,430
Multifamily Real Estate Secured | Purchased
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans and leases	1,427	1,969
Commercial real estate secured | Purchased
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans and leases	254	2,128
Auto and RV secured
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans and leases	278	453
Consumer and other
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans and leases	$ 676	$ 0

LOANS, LEASES & ALLOWANCE FOR70

LOANS, LEASES & ALLOWANCE FOR LOAN AND LEASE LOSSES - NONPERFORMING LOANS NARRATIVE (Details) $ in Thousands	3 Months Ended	12 Months Ended
	Jun. 30, 2016loan	Jun. 30, 2016USD ($)	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)
Financing Receivable, Impaired [Line Items]
Ratio of nonperforming loans considered TDRs	9.63%	9.63%	16.08%
Term which borrowers make timely payments after TDRs are considered non-performing		6 months
Interest recognized on performing loans temporarily modified as TDRs		$ 9	$ 37	$ 119
Average balances of performing TDR's		214	778	3,440
Average balances of impaired loans and leases		28,913	29,967	20,850
Single Family, Mortgage
Financing Receivable, Impaired [Line Items]
Number of loans placed on non-performing status | loan	3
Average balances of performing TDR's		214	500	1,003
Average balances of impaired loans and leases		$ 22,969	$ 21,106	$ 10,957
Impaired Loans, Single Family Mortgage
Financing Receivable, Impaired [Line Items]
Ratio of non-performing loans that are single family mortgage	89.14%	89.14%
Value after write-downs of original appraised value, percent	53.19%	53.19%

LOANS, LEASES & ALLOWANCE FOR71

LOANS, LEASES & ALLOWANCE FOR LOAN AND LEASE LOSSES - UNPAID PRINCIPAL BALANCE FOR PERFORMING AND NONPERFORMING (Details) - USD ($) $ in Thousands		Jun. 30, 2016	Jun. 30, 2015
Financing Receivable, Recorded Investment [Line Items]
Gross loans		$ 6,402,459	$ 5,001,271
Single Family, Mortgage
Financing Receivable, Recorded Investment [Line Items]
Gross loans		3,678,520	2,980,795
Home Equity
Financing Receivable, Recorded Investment [Line Items]
Gross loans		2,470	3,604
Warehouse & Other
Financing Receivable, Recorded Investment [Line Items]
Gross loans	[1]	537,714	385,413
Multi-family
Financing Receivable, Recorded Investment [Line Items]
Gross loans		1,373,216	1,185,531
Commercial real estate secured
Financing Receivable, Recorded Investment [Line Items]
Gross loans		121,746	61,403
Auto and RV secured
Financing Receivable, Recorded Investment [Line Items]
Gross loans		73,676	13,140
Factoring
Financing Receivable, Recorded Investment [Line Items]
Gross loans		98,275	122,200
Commercial & Industrial
Financing Receivable, Recorded Investment [Line Items]
Gross loans		514,300	248,584
Other
Financing Receivable, Recorded Investment [Line Items]
Gross loans		2,542	601
Performing Financing Receivable
Financing Receivable, Recorded Investment [Line Items]
Gross loans		6,370,600	4,970,440
Performing Financing Receivable | Single Family, Mortgage
Financing Receivable, Recorded Investment [Line Items]
Gross loans		3,650,120	2,957,953
Performing Financing Receivable | Home Equity
Financing Receivable, Recorded Investment [Line Items]
Gross loans		2,437	3,595
Performing Financing Receivable | Warehouse & Other
Financing Receivable, Recorded Investment [Line Items]
Gross loans		537,714	385,413
Performing Financing Receivable | Multi-family
Financing Receivable, Recorded Investment [Line Items]
Gross loans		1,370,998	1,180,132
Performing Financing Receivable | Commercial real estate secured
Financing Receivable, Recorded Investment [Line Items]
Gross loans		121,492	59,275
Performing Financing Receivable | Auto and RV secured
Financing Receivable, Recorded Investment [Line Items]
Gross loans		73,398	12,687
Performing Financing Receivable | Factoring
Financing Receivable, Recorded Investment [Line Items]
Gross loans		98,275	122,200
Performing Financing Receivable | Commercial & Industrial
Financing Receivable, Recorded Investment [Line Items]
Gross loans		514,300	248,584
Performing Financing Receivable | Other
Financing Receivable, Recorded Investment [Line Items]
Gross loans		1,866	601
Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Gross loans		31,859	30,831
Nonperforming | Single Family, Mortgage
Financing Receivable, Recorded Investment [Line Items]
Gross loans		28,400	22,842
Nonperforming | Home Equity
Financing Receivable, Recorded Investment [Line Items]
Gross loans		33	9
Nonperforming | Warehouse & Other
Financing Receivable, Recorded Investment [Line Items]
Gross loans		0	0
Nonperforming | Multi-family
Financing Receivable, Recorded Investment [Line Items]
Gross loans		2,218	5,399
Nonperforming | Commercial real estate secured
Financing Receivable, Recorded Investment [Line Items]
Gross loans		254	2,128
Nonperforming | Auto and RV secured
Financing Receivable, Recorded Investment [Line Items]
Gross loans		278	453
Nonperforming | Factoring
Financing Receivable, Recorded Investment [Line Items]
Gross loans		0	0
Nonperforming | Commercial & Industrial
Financing Receivable, Recorded Investment [Line Items]
Gross loans		0	0
Nonperforming | Other
Financing Receivable, Recorded Investment [Line Items]
Gross loans		$ 676	$ 0
[1]	The balance of single family warehouse loans was $173,148 at June 30, 2016 and $122,003 at June 30, 2015. The remainder of the balance was attributable to single family lender finance loans.

LOANS, LEASES & ALLOWANCE FOR72

LOANS, LEASES & ALLOWANCE FOR LOAN AND LEASE LOSSES - PERFORMING AND NONPERFORMING BY CLASS AND SOURCE (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Jun. 30, 2015
Financing Receivable, Recorded Investment [Line Items]
Gross loans	$ 6,402,459	$ 5,001,271
Performing Financing Receivable
Financing Receivable, Recorded Investment [Line Items]
Gross loans	6,370,600	4,970,440
Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Gross loans	31,859	30,831
Single Family, Mortgage
Financing Receivable, Recorded Investment [Line Items]
Gross loans	3,678,520	2,980,795
Single Family, Mortgage | Performing Financing Receivable
Financing Receivable, Recorded Investment [Line Items]
Gross loans	3,650,120	2,957,953
Single Family, Mortgage | Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Gross loans	28,400	22,842
Multi-family
Financing Receivable, Recorded Investment [Line Items]
Gross loans	1,373,216	1,185,531
Multi-family | Performing Financing Receivable
Financing Receivable, Recorded Investment [Line Items]
Gross loans	1,370,998	1,180,132
Multi-family | Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Gross loans	2,218	5,399
Commercial real estate secured
Financing Receivable, Recorded Investment [Line Items]
Gross loans	121,746	61,403
Commercial real estate secured | Performing Financing Receivable
Financing Receivable, Recorded Investment [Line Items]
Gross loans	121,492	59,275
Commercial real estate secured | Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Gross loans	254	2,128
Origination | Single Family, Mortgage
Financing Receivable, Recorded Investment [Line Items]
Gross loans	3,601,587	2,885,604
Origination | Single Family, Mortgage | Performing Financing Receivable
Financing Receivable, Recorded Investment [Line Items]
Gross loans	3,578,629	2,869,119
Origination | Single Family, Mortgage | Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Gross loans	22,958	16,485
Origination | Multi-family
Financing Receivable, Recorded Investment [Line Items]
Gross loans	1,271,170	1,051,696
Origination | Multi-family | Performing Financing Receivable
Financing Receivable, Recorded Investment [Line Items]
Gross loans	1,270,379	1,048,266
Origination | Multi-family | Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Gross loans	791	3,430
Origination | Commercial real estate secured
Financing Receivable, Recorded Investment [Line Items]
Gross loans	109,370	46,577
Origination | Commercial real estate secured | Performing Financing Receivable
Financing Receivable, Recorded Investment [Line Items]
Gross loans	109,370	46,577
Origination | Commercial real estate secured | Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Gross loans	0	0
Purchased | Single Family, Mortgage
Financing Receivable, Recorded Investment [Line Items]
Gross loans	76,933	95,191
Purchased | Single Family, Mortgage | Performing Financing Receivable
Financing Receivable, Recorded Investment [Line Items]
Gross loans	71,491	88,834
Purchased | Single Family, Mortgage | Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Gross loans	5,442	6,357
Purchased | Multi-family
Financing Receivable, Recorded Investment [Line Items]
Gross loans	102,046	133,835
Purchased | Multi-family | Performing Financing Receivable
Financing Receivable, Recorded Investment [Line Items]
Gross loans	100,619	131,866
Purchased | Multi-family | Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Gross loans	1,427	1,969
Purchased | Commercial real estate secured
Financing Receivable, Recorded Investment [Line Items]
Gross loans	12,376	14,826
Purchased | Commercial real estate secured | Performing Financing Receivable
Financing Receivable, Recorded Investment [Line Items]
Gross loans	12,122	12,698
Purchased | Commercial real estate secured | Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Gross loans	$ 254	$ 2,128

LOANS, LEASES & ALLOWANCE FOR73

LOANS, LEASES & ALLOWANCE FOR LOAN AND LEASE LOSSES - TROUBLED DEBT RESTRUCTURINGS BY CLASS (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Financing Receivable, Modifications [Line Items]
Performing loans temporarily modified as TDR	$ 210	$ 217	$ 2,379
Non-performing loans and leases	31,859	30,831	20,385
Total impaired loans and leases	32,069	31,048	22,764
Interest income recognized on performing TDR's	9	37	119
Average balances of performing TDR's	214	778	3,440
Average balances of impaired loans and leases	28,913	29,967	20,850
Single Family, Mortgage
Financing Receivable, Modifications [Line Items]
Performing loans temporarily modified as TDR	210	217	989
Non-performing loans and leases	28,400	22,842	12,396
Total impaired loans and leases	28,610	23,059	13,385
Interest income recognized on performing TDR's	9	17	39
Average balances of performing TDR's	214	500	1,003
Average balances of impaired loans and leases	22,969	21,106	10,957
Home Equity
Financing Receivable, Modifications [Line Items]
Performing loans temporarily modified as TDR	0	0	0
Non-performing loans and leases	33	9	168
Total impaired loans and leases	33	9	168
Interest income recognized on performing TDR's	0	0	0
Average balances of performing TDR's	0	0	32
Average balances of impaired loans and leases	18	51	60
Warehouse & Other
Financing Receivable, Modifications [Line Items]
Performing loans temporarily modified as TDR	0	0	0
Non-performing loans and leases	0	0	0
Total impaired loans and leases	0	0	0
Interest income recognized on performing TDR's	0	0	0
Average balances of performing TDR's	0	0	0
Average balances of impaired loans and leases	0	0	0
Multi-family
Financing Receivable, Modifications [Line Items]
Performing loans temporarily modified as TDR	0	0	0
Non-performing loans and leases	2,218	5,399	4,301
Total impaired loans and leases	2,218	5,399	4,301
Interest income recognized on performing TDR's	0	0	0
Average balances of performing TDR's	0	0	542
Average balances of impaired loans and leases	4,495	5,320	5,021
Commercial real estate secured
Financing Receivable, Modifications [Line Items]
Performing loans temporarily modified as TDR	0	0	1,390
Non-performing loans and leases	254	2,128	2,986
Total impaired loans and leases	254	2,128	4,376
Interest income recognized on performing TDR's	0	20	80
Average balances of performing TDR's	0	278	1,407
Average balances of impaired loans and leases	969	3,028	3,900
Auto and RV secured
Financing Receivable, Modifications [Line Items]
Performing loans temporarily modified as TDR	0	0	0
Non-performing loans and leases	278	453	534
Total impaired loans and leases	278	453	534
Interest income recognized on performing TDR's	0	0	0
Average balances of performing TDR's	0	0	456
Average balances of impaired loans and leases	327	462	898
Factoring
Financing Receivable, Modifications [Line Items]
Performing loans temporarily modified as TDR	0	0	0
Non-performing loans and leases	0	0	0
Total impaired loans and leases	0	0	0
Interest income recognized on performing TDR's	0	0	0
Average balances of performing TDR's	0	0	0
Average balances of impaired loans and leases	0	0	9
Commercial & Industrial
Financing Receivable, Modifications [Line Items]
Performing loans temporarily modified as TDR	0	0	0
Non-performing loans and leases	0	0	0
Total impaired loans and leases	0	0	0
Interest income recognized on performing TDR's	0	0	0
Average balances of performing TDR's	0	0	0
Average balances of impaired loans and leases	0	0	0
Other
Financing Receivable, Modifications [Line Items]
Performing loans temporarily modified as TDR	0	0	0
Non-performing loans and leases	676	0	0
Total impaired loans and leases	676	0	0
Interest income recognized on performing TDR's	0	0	0
Average balances of performing TDR's	0	0	0
Average balances of impaired loans and leases	$ 135	$ 0	$ 5

LOANS, LEASES & ALLOWANCE FOR74

LOANS, LEASES & ALLOWANCE FOR LOAN AND LEASE LOSSES - LOANS MODIFIED AS TDR BY CLASS (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Financing Receivable, Modifications [Line Items]
Total TDR loans secured by real estate	$ 0	$ 36	$ 211
TDRs	0	36	211
Consumer & Other
Financing Receivable, Modifications [Line Items]
TDRs	0	0	0
In-house originated | Single Family, Mortgage
Financing Receivable, Modifications [Line Items]
TDRs	0	36	0
Purchased | Single Family, Mortgage
Financing Receivable, Modifications [Line Items]
TDRs	$ 0	$ 0	$ 211

LOANS, LEASES & ALLOWANCE FOR75

LOANS, LEASES & ALLOWANCE FOR LOAN AND LEASE LOSSES - LOANS BY CLASS MODIFIED AS TDR WITH PRE AND POST BALANCES (Details) $ in Thousands	12 Months Ended
	Jun. 30, 2016USD ($)loan	Jun. 30, 2015USD ($)loan	Jun. 30, 2014USD ($)loan
Financing Receivable, Modifications [Line Items]
Number of Loans | loan	0	1	2
Pre-Modification Outstanding Recorded Investment	$ 0	$ 36	$ 211
Post-Modification Outstanding Recorded Investment	$ 0	$ 36	$ 211
Single Family, Mortgage | In-house originated
Financing Receivable, Modifications [Line Items]
Number of Loans | loan	0	1
Pre-Modification Outstanding Recorded Investment	$ 0	$ 36
Post-Modification Outstanding Recorded Investment	$ 0	$ 36
Single Family, Mortgage | Purchased
Financing Receivable, Modifications [Line Items]
Number of Loans | loan			2
Pre-Modification Outstanding Recorded Investment			$ 211
Post-Modification Outstanding Recorded Investment			$ 211

LOANS, LEASES & ALLOWANCE FOR76

LOANS, LEASES & ALLOWANCE FOR LOAN AND LEASE LOSSES - LOANS BY CREDIT QUALITY INDICATOR (Details) - USD ($) $ in Thousands		Jun. 30, 2016	Jun. 30, 2015
Financing Receivable, Recorded Investment [Line Items]
Gross loans		$ 6,402,459	$ 5,001,271
Ratio of Grade Class to Gross Loans		100.00%	100.00%
Single Family, Mortgage
Financing Receivable, Recorded Investment [Line Items]
Gross loans		$ 3,678,520	$ 2,980,795
Single Family, Mortgage | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans		3,601,587	2,885,604
Single Family, Mortgage | Purchased
Financing Receivable, Recorded Investment [Line Items]
Gross loans		76,933	95,191
Home Equity
Financing Receivable, Recorded Investment [Line Items]
Gross loans		2,470	3,604
Home Equity | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans		2,470	3,604
Home Equity | Purchased
Financing Receivable, Recorded Investment [Line Items]
Gross loans			0
Warehouse and other
Financing Receivable, Recorded Investment [Line Items]
Gross loans	[1]	537,714	385,413
Warehouse and other | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans		537,714	385,413
Multifamily Real Estate Secured
Financing Receivable, Recorded Investment [Line Items]
Gross loans		1,373,216	1,185,531
Multifamily Real Estate Secured | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans		1,271,170	1,051,696
Multifamily Real Estate Secured | Purchased
Financing Receivable, Recorded Investment [Line Items]
Gross loans		102,046	133,835
Commercial real estate secured
Financing Receivable, Recorded Investment [Line Items]
Gross loans		121,746	61,403
Commercial real estate secured | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans		109,370	46,577
Commercial real estate secured | Purchased
Financing Receivable, Recorded Investment [Line Items]
Gross loans		12,376	14,826
Auto and RV secured
Financing Receivable, Recorded Investment [Line Items]
Gross loans		73,676	13,140
Auto and RV secured | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans		73,676	13,140
Factoring
Financing Receivable, Recorded Investment [Line Items]
Gross loans		98,275	122,200
Commercial & Industrial
Financing Receivable, Recorded Investment [Line Items]
Gross loans		514,300	248,584
Other
Financing Receivable, Recorded Investment [Line Items]
Gross loans		2,542	601
Pass
Financing Receivable, Recorded Investment [Line Items]
Gross loans		$ 6,336,977	$ 4,917,881
Ratio of Grade Class to Gross Loans		99.00%	98.30%
Pass | Single Family, Mortgage | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans		$ 3,563,430	$ 2,855,637
Pass | Single Family, Mortgage | Purchased
Financing Receivable, Recorded Investment [Line Items]
Gross loans		71,111	87,256
Pass | Home Equity | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans		2,420	3,473
Pass | Home Equity | Purchased
Financing Receivable, Recorded Investment [Line Items]
Gross loans			0
Pass | Warehouse and other | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans		534,868	375,588
Pass | Multifamily Real Estate Secured | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans		1,262,384	1,036,718
Pass | Multifamily Real Estate Secured | Purchased
Financing Receivable, Recorded Investment [Line Items]
Gross loans		96,792	127,839
Pass | Commercial real estate secured | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans		109,370	46,577
Pass | Commercial real estate secured | Purchased
Financing Receivable, Recorded Investment [Line Items]
Gross loans		10,110	9,947
Pass | Auto and RV secured | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans		73,192	12,630
Pass | Factoring
Financing Receivable, Recorded Investment [Line Items]
Gross loans		98,275	122,200
Pass | Commercial & Industrial
Financing Receivable, Recorded Investment [Line Items]
Gross loans		513,310	239,415
Pass | Other
Financing Receivable, Recorded Investment [Line Items]
Gross loans		1,715	601
Special Mention
Financing Receivable, Recorded Investment [Line Items]
Gross loans		$ 23,551	$ 47,325
Ratio of Grade Class to Gross Loans		0.40%	1.00%
Special Mention | Single Family, Mortgage | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans		$ 10,938	$ 11,256
Special Mention | Single Family, Mortgage | Purchased
Financing Receivable, Recorded Investment [Line Items]
Gross loans		0	216
Special Mention | Home Equity | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans		17	0
Special Mention | Home Equity | Purchased
Financing Receivable, Recorded Investment [Line Items]
Gross loans			0
Special Mention | Warehouse and other | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans		2,846	9,825
Special Mention | Multifamily Real Estate Secured | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans		4,721	10,926
Special Mention | Multifamily Real Estate Secured | Purchased
Financing Receivable, Recorded Investment [Line Items]
Gross loans		2,769	3,470
Special Mention | Commercial real estate secured | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans		0	0
Special Mention | Commercial real estate secured | Purchased
Financing Receivable, Recorded Investment [Line Items]
Gross loans		2,012	2,444
Special Mention | Auto and RV secured | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans		97	19
Special Mention | Factoring
Financing Receivable, Recorded Investment [Line Items]
Gross loans		0	0
Special Mention | Commercial & Industrial
Financing Receivable, Recorded Investment [Line Items]
Gross loans		0	9,169
Special Mention | Other
Financing Receivable, Recorded Investment [Line Items]
Gross loans		151	0
Substandard
Financing Receivable, Recorded Investment [Line Items]
Gross loans		$ 41,931	$ 36,065
Ratio of Grade Class to Gross Loans		0.60%	0.70%
Substandard | Single Family, Mortgage | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans		$ 27,219	$ 18,711
Substandard | Single Family, Mortgage | Purchased
Financing Receivable, Recorded Investment [Line Items]
Gross loans		5,822	7,719
Substandard | Home Equity | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans		33	131
Substandard | Home Equity | Purchased
Financing Receivable, Recorded Investment [Line Items]
Gross loans			0
Substandard | Warehouse and other | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans		0	0
Substandard | Multifamily Real Estate Secured | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans		4,065	4,052
Substandard | Multifamily Real Estate Secured | Purchased
Financing Receivable, Recorded Investment [Line Items]
Gross loans		2,485	2,526
Substandard | Commercial real estate secured | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans		0	0
Substandard | Commercial real estate secured | Purchased
Financing Receivable, Recorded Investment [Line Items]
Gross loans		254	2,435
Substandard | Auto and RV secured | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans		387	491
Substandard | Factoring
Financing Receivable, Recorded Investment [Line Items]
Gross loans		0	0
Substandard | Commercial & Industrial
Financing Receivable, Recorded Investment [Line Items]
Gross loans		990	0
Substandard | Other
Financing Receivable, Recorded Investment [Line Items]
Gross loans		676	0
Doubtful
Financing Receivable, Recorded Investment [Line Items]
Gross loans		$ 0	$ 0
Ratio of Grade Class to Gross Loans		0.00%	0.00%
Doubtful | Single Family, Mortgage | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans		$ 0	$ 0
Doubtful | Single Family, Mortgage | Purchased
Financing Receivable, Recorded Investment [Line Items]
Gross loans		0	0
Doubtful | Home Equity | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans		0	0
Doubtful | Home Equity | Purchased
Financing Receivable, Recorded Investment [Line Items]
Gross loans			0
Doubtful | Warehouse and other | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans		0	0
Doubtful | Multifamily Real Estate Secured | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans		0	0
Doubtful | Multifamily Real Estate Secured | Purchased
Financing Receivable, Recorded Investment [Line Items]
Gross loans		0	0
Doubtful | Commercial real estate secured | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans		0	0
Doubtful | Commercial real estate secured | Purchased
Financing Receivable, Recorded Investment [Line Items]
Gross loans		0	0
Doubtful | Auto and RV secured | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Gross loans		0	0
Doubtful | Factoring
Financing Receivable, Recorded Investment [Line Items]
Gross loans		0	0
Doubtful | Commercial & Industrial
Financing Receivable, Recorded Investment [Line Items]
Gross loans		0	0
Doubtful | Other
Financing Receivable, Recorded Investment [Line Items]
Gross loans		$ 0	$ 0
[1]	The balance of single family warehouse loans was $173,148 at June 30, 2016 and $122,003 at June 30, 2015. The remainder of the balance was attributable to single family lender finance loans.

LOANS, LEASES & ALLOWANCE FOR77

LOANS, LEASES & ALLOWANCE FOR LOAN AND LEASE LOSSES - PAST DUE LOANS (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Jun. 30, 2015
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due loans	$ 38,046	$ 22,557
Past due loans as a percentage of gross loans	0.59%	0.45%
Single Family, Mortgage | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due loans	$ 28,780	$ 15,601
Single Family, Mortgage | Purchased
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due loans	3,110	3,843
Home Equity | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due loans	46	130
Multifamily Real Estate Secured | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due loans	4,385	1,035
Multifamily Real Estate Secured | Purchased
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due loans		321
Commercial real estate secured | Purchased
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due loans	254	1,164
Auto and RV secured | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due loans	440	463
Commercial & Industrial
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due loans	142
Consumer & Other
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due loans	889
30-59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due loans	$ 9,762	$ 3,174
Past due loans as a percentage of gross loans	0.15%	0.06%
30-59 Days Past Due | Single Family, Mortgage | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due loans	$ 5,192	$ 1,275
30-59 Days Past Due | Single Family, Mortgage | Purchased
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due loans	572	472
30-59 Days Past Due | Home Equity | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due loans	0	130
30-59 Days Past Due | Multifamily Real Estate Secured | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due loans	3,594	244
30-59 Days Past Due | Multifamily Real Estate Secured | Purchased
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due loans		0
30-59 Days Past Due | Commercial real estate secured | Purchased
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due loans	0	782
30-59 Days Past Due | Auto and RV secured | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due loans	200	271
30-59 Days Past Due | Commercial & Industrial
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due loans	142
30-59 Days Past Due | Consumer & Other
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due loans	62
60-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due loans	$ 2,170	$ 3,001
Past due loans as a percentage of gross loans	0.03%	0.06%
60-89 Days Past Due | Single Family, Mortgage | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due loans	$ 1,866	$ 2,876
60-89 Days Past Due | Single Family, Mortgage | Purchased
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due loans	0	0
60-89 Days Past Due | Home Equity | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due loans	17	0
60-89 Days Past Due | Multifamily Real Estate Secured | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due loans	0	0
60-89 Days Past Due | Multifamily Real Estate Secured | Purchased
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due loans		0
60-89 Days Past Due | Commercial real estate secured | Purchased
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due loans	0	0
60-89 Days Past Due | Auto and RV secured | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due loans	136	125
60-89 Days Past Due | Commercial & Industrial
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due loans	0
60-89 Days Past Due | Consumer & Other
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due loans	151
90 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due loans	$ 26,114	$ 16,382
Past due loans as a percentage of gross loans	0.41%	0.33%
90 Days Past Due | Single Family, Mortgage | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due loans	$ 21,722	$ 11,450
90 Days Past Due | Single Family, Mortgage | Purchased
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due loans	2,538	3,371
90 Days Past Due | Home Equity | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due loans	29	0
90 Days Past Due | Multifamily Real Estate Secured | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due loans	791	791
90 Days Past Due | Multifamily Real Estate Secured | Purchased
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due loans		321
90 Days Past Due | Commercial real estate secured | Purchased
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due loans	254	382
90 Days Past Due | Auto and RV secured | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due loans	104	$ 67
90 Days Past Due | Commercial & Industrial
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due loans	0
90 Days Past Due | Consumer & Other
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due loans	$ 676

FURNITURE, EQUIPMENT AND SOFT78

FURNITURE, EQUIPMENT AND SOFTWARE (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Property, Plant and Equipment [Line Items]
Furniture, equipment and software, gross	$ 29,780	$ 19,540
Less accumulated depreciation and amortization	(15,785)	(10,989)
Furniture, equipment and software—net	13,995	8,551
Depreciation and amortization	4,795	3,273	$ 2,874
Leasehold improvements
Property, Plant and Equipment [Line Items]
Furniture, equipment and software, gross	1,803	1,508
Furniture and fixtures
Property, Plant and Equipment [Line Items]
Furniture, equipment and software, gross	4,401	3,767
Computer hardware and equipment
Property, Plant and Equipment [Line Items]
Furniture, equipment and software, gross	12,525	7,105
Software
Property, Plant and Equipment [Line Items]
Furniture, equipment and software, gross	$ 11,051	$ 7,160

DEPOSITS - SUMMARY OF DEPOSIT A

DEPOSITS - SUMMARY OF DEPOSIT ACCOUNTS (Details) - USD ($) $ in Thousands		Jun. 30, 2016	Jun. 30, 2015
Non-interest-bearing:
Non-interest bearing		$ 588,774	$ 309,339
Interest-bearing:
Demand		$ 1,916,525	$ 1,224,308
Demand, Rate	[1]	0.63%	0.48%
Savings		$ 2,484,994	$ 2,126,792
Savings, Rate	[1]	0.69%	0.67%
Total demand and savings		$ 4,401,519	$ 3,351,100
Total demand and savings, Rate	[1]	0.66%	0.60%
Time deposits:
$100		$ 51,849	$ 70,369
Under $100, Rate	[1]	1.23%	1.26%
$100 or more	[2]	$ 1,001,909	$ 721,109
$100 or more, Rate	[1]	1.99%	2.06%
Total time deposits		$ 1,053,758	$ 791,478
Total time deposits, Rate	[1]	1.96%	1.99%
Total interest bearing	[2]	$ 5,455,277	$ 4,142,578
Total interest bearing, Rate	[1]	0.91%	0.87%
Total deposits		$ 6,044,051	$ 4,451,917
Total deposits, Rate	[1]	0.82%	0.81%
Time deposits acquired through broker relationships		$ 800,700	$ 661,900
Time deposits acquired through broker relationships, over $100,000		$ 537,400	$ 356,300
[1]	Based on weighted-average stated interest rates at end of period.
[2]	The total interest-bearing includes brokered deposits of $800.7 million and $661.9 million as of June 30, 2016 and June 30, 2015, respectively, of which $537.4 million and $356.3 million, respectively, are time deposits classified as $100 or more.

DEPOSITS - MATURITIES (Details)

DEPOSITS - MATURITIES (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Jun. 30, 2015
Deposits [Abstract]
Within 12 months	$ 497,825
13 to 24 months	41,668
25 to 36 months	5,463
37 to 48 months	71,518
49 to 60 months	3,625
Thereafter	433,659
Total time deposits	1,053,758	$ 791,478
Deposits from principal officers, directors and their affiliates	$ 2,354	$ 4,458

ADVANCES FROM THE FEDERAL HOM81

ADVANCES FROM THE FEDERAL HOME LOAN BANK (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Federal Home Loan Bank, Advances, Fiscal Year Maturity [Abstract]
Within one year, Amount	$ 322,000	$ 323,000
After one but within two years, Amount	30,000	95,000
After two but within three years, Amount	147,500	30,000
After three but within four years, Amount	55,000	135,000
After four but within five years, Amount	65,000	55,000
After five years, Amount	107,500	115,000
Total, Amount	$ 727,000	$ 753,000
Federal Home Loan Bank, Advances, Weighted-Average Rate [Abstract]
Within one year, Weighted-Average Rate	0.70%	0.45%
After one but within two years, Weighted-Average Rate	2.80%	1.24%
After two but within three years, Weighted-Average Rate	1.98%	2.80%
After three but within four years, Weighted-Average Rate	1.79%	2.03%
After four but within five years, Weighted-Average Rate	2.30%	1.79%
After five years, Weighted-Average Rate	2.47%	2.65%
Total, Weighted-Average Rate	1.53%	1.36%
Putable advances	$ 5,000
Putable advances, weighted-average remaining contractual maturity period	1 year 6 months 26 days
Putable advances, weighted-average remaining period until putable	26 days
Advances, collateral pledged	$ 3,486,939	$ 2,568,575
Advances, maximum amount	1,129,000	$ 1,075,000	$ 910,000
Advances, amount available immediately	1,313,768
Advances, amount available with additional collateral, amount	$ 13,030
Advances, amount available with additional collateral, term	10 years
Minimum
Federal Home Loan Bank, Advances [Line Items]
Federal Home Loan Bank, interest rate	0.47%	0.24%
Maximum
Federal Home Loan Bank, Advances [Line Items]
Federal Home Loan Bank, interest rate	5.62%	5.62%

SECURITIES SOLD UNDER AGREEME82

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Assets Sold under Agreements to Repurchase [Line Items]
Securities sold under agreements to repurchase	$ 35,000	$ 35,000
Maturity on Demand
Assets Sold under Agreements to Repurchase [Line Items]
Amount to be repaid under the repurchase agreements	$ 35,000
Minimum
Assets Sold under Agreements to Repurchase [Line Items]
Repurchase agreements interest rates	3.75%
Maximum
Assets Sold under Agreements to Repurchase [Line Items]
Repurchase agreements interest rates	4.75%
Weighted Average
Assets Sold under Agreements to Repurchase [Line Items]
Repurchase agreements interest rates	4.38%
Remaining contractual maturity period	1 year 1 month 10 days
Remaining period until callable	1 month 21 days

SUBORDINATED NOTES AND DEBENT83

SUBORDINATED NOTES AND DEBENTURES - SUBORDINATED NOTES AND DEBENTURES (Details) - USD ($)	Dec. 13, 2004	Mar. 31, 2016	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Debt Instrument [Line Items]
Proceeds from issuance of subordinated notes			$ 51,000,000	$ 0	$ 0
Subordinated Notes
Debt Instrument [Line Items]
Debt issued principal amount		$ 51,000,000
Effective rate (as percent)		6.25%
Proceeds from issuance of subordinated notes		$ 51,000,000
Debt issuance costs and discount (as percent)		3.15%
Junior Subordinated Debentures
Debt Instrument [Line Items]
Effective rate (as percent)			3.05%
Trust preferred securities	$ 5,000,000
Subordinated notes and debentures			$ 5,155,000
Basis spread on variable rate (as percent)			2.40%
Junior Subordinated Debentures | LIBOR
Debt Instrument [Line Items]
Description of variable rate basis			three-month LIBOR

SUBORDINATED NOTES AND DEBENT84

SUBORDINATED NOTES AND DEBENTURES - FEDERAL FUNDS BORROWINGS (Details)	Jun. 30, 2016USD ($)bank	Jun. 30, 2015USD ($)
Short-term Debt [Line Items]
Consumer loans pledged as collateral	$ 64,929,000
Mortgage-backed securities pledged as collateral	$ 729,000
Line of Credit
Short-term Debt [Line Items]
Federal funds lines of credit, number of banks | bank	2
Maximum borrowing capacity	$ 35,000,000
Credit line amount outstanding	0	$ 0
Federal Reserve Bank Advances
Short-term Debt [Line Items]
Short-term borrowings outstanding	0	0
Maximum borrowing capacity	$ 42,222,000	$ 8,705,000

INCOME TAXES - COMPONENTS OF IN

INCOME TAXES - COMPONENTS OF INCOME TAXES (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Current:
Federal									$ 67,773	$ 49,801	$ 31,069
State									24,478	17,192	9,284
Current income taxes									92,251	66,993	40,353
Deferred:
Federal									(5,363)	(7,015)	(1,645)
State									(1,284)	(1,803)	(395)
Deferred income taxes									(6,647)	(8,818)	(2,040)
Total	$ 21,558	$ 25,551	$ 20,397	$ 18,098	$ 17,525	$ 14,714	$ 13,599	$ 12,337	$ 85,604	$ 58,175	$ 38,313

INCOME TAXES - EFFECTIVE INCOME

INCOME TAXES - EFFECTIVE INCOME TAX RATE RECONCILIATION (Details)	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Effective Income Tax Rate Reconciliation
Statutory federal tax rate	35.00%	35.00%	35.00%
State taxes—net of federal tax benefit	7.31%	6.81%	6.67%
Cash surrender value	(0.03%)	(0.04%)	(0.07%)
Tax credits	(0.18%)	(0.24%)	(0.20%)
Non-taxable income	(0.36%)	(0.58%)	(0.56%)
Other	0.04%	0.35%	(0.20%)
Effective tax rate	41.78%	41.30%	40.64%

INCOME TAXES - NET DEFERRED TAX

INCOME TAXES - NET DEFERRED TAX ASSET (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Jun. 30, 2015
Deferred tax assets:
Allowance for loan losses and charge-offs	$ 16,601	$ 13,047
State taxes	5,327	2,581
Stock-based compensation expense	1,915	1,397
Unrealized net losses on securities	5,551	6,905
Deferred bonus / vacation	625	416
Securities impaired	11,345	10,903
Deferred loan fees	1,128	60
Total deferred tax assets	42,492	35,309
Deferred tax liabilities:
FHLB stock dividend	(1,187)	(1,180)
Other assets—prepaids	(937)	(632)
Depreciation	(2,671)	(542)
Deferred tax liabilities	(4,795)	(2,354)
Net deferred tax asset	$ 37,697	$ 32,955

INCOME TAXES - UNRECOGNIZED TAX

INCOME TAXES - UNRECOGNIZED TAX BENEFITS (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Balance at July 1	$ 779	$ 293	$ 1,122
Additions – current year tax positions	181	135	55
Additions – prior year tax positions	0	568	30
Reductions – prior year tax positions	(80)	(217)	(914)
Total liability for unrecognized tax positions at June 30	$ 880	$ 779	$ 293

STOCKHOLDERS' EQUITY - CHANGES

STOCKHOLDERS' EQUITY - CHANGES IN COMMON STOCK (Details)		Nov. 17, 2015$ / shares	Jun. 30, 2016$ / sharesshares		Jun. 30, 2015$ / sharesshares		Jun. 30, 2014shares
Common Stock, Number of Shares [Roll Forward]
Beginning of year, common stock, issued (in shares)	[1]		63,145,364	[2]	58,779,522		55,838,204
Common stock (in shares)	[1],[3]		62,075,004	[2]	57,807,600		54,933,300
Common stock issued exercises and tax benefits, issued (in shares)	[1]		82,400		218,539	[4]	222,128	[4]
Common stock issued through option exercise or exchange, outstanding (in shares)	[1],[3]		82,400		176,252		222,128
Common stock issued through public offering (in shares)	[1],[3]		723,808		3,796,356		2,241,204
Common stock issued through grants of restricted stock units, issued (in shares)	[1]		561,922		350,947		477,986
Common stock issued through grants of restricted stock units, outstanding (in shares)	[1]		338,180		294,796		410,968
End of year, common stock, issued (in shares)	[1]		64,513,494	[2]	63,145,364	[2]	58,779,522
Common stock (in shares)	[1],[3]		63,219,392	[2]	62,075,004	[2]	57,807,600
Common stock split, conversion ratio		4
Common stock, par value (in dollars per share) | $ / shares		$ 0.01	$ 0.01	[2]	$ 0.01	[2]
[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. The par value of common stock remains unchanged at $0.01 per share after the aforementioned forward stock split.
[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.
[3]	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.
[4]	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

STOCKHOLDERS' EQUITY - NARRATIV

STOCKHOLDERS' EQUITY - NARRATIVE (Details) - USD ($)		Feb. 23, 2015	Jul. 22, 2014	Apr. 24, 2013	Mar. 11, 2013	Oct. 11, 2012	Sep. 11, 2012	Oct. 28, 2003	Oct. 31, 2015	Sep. 30, 2015	Aug. 31, 2015	Jul. 31, 2015	Jun. 30, 2015		May 31, 2015	Apr. 30, 2015	Mar. 31, 2015	Feb. 28, 2015	Jan. 31, 2015	Dec. 31, 2014	Nov. 30, 2014	Oct. 31, 2014	Sep. 30, 2014	Aug. 31, 2014	Jun. 30, 2014	May 31, 2014	Feb. 28, 2014	Jan. 31, 2014	Dec. 31, 2013	Nov. 30, 2013	Oct. 31, 2013	Mar. 31, 2013	Jan. 31, 2015	Dec. 31, 2015	Jun. 30, 2016		Jun. 30, 2015		Jun. 30, 2014	Jun. 30, 2004	Jun. 30, 2014	Jan. 01, 2009
Class of Stock [Line Items]
Proceeds from issuance of common stock																																			$ 21,120,000		$ 75,985,000		$ 41,576,000
Preferred stock, par or stated value (in dollars per share)	[1]												$ 0.01																						$ 0.01		$ 0.01
Cash dividends on preferred stock (in dollars per share)																																			$ 309,000		$ 309,000		309,000
Common Stock
Class of Stock [Line Items]
Convert preferred stock to common stock (in shares)				2,436,360			4,986,284
Preferred stock, initial conversion price for holders (in dollars per share)				$ 7.63			$ 4.04
Convertible Series A Preferred Stock
Class of Stock [Line Items]
Preferred Stock, dividend rate percent								6.00%
Preferred Stock, remaining number of shares to be redeemed								515
Preferred stock, par or stated value (in dollars per share)								$ 10,000					$ 10,000	[1]																					$ 10,000	[1]	$ 10,000	[1]		$ 10,000
Value of new issues of stock																																								$ 6,750,000
Stock issued during period, shares, new issues																																								675
Payments of stock issuance costs																																								$ 113,000
Options surrendered in exchange (in shares)																																										160
Cash dividends on preferred stock (in dollars per share)																																			$ 309,000		$ 309,000		$ 309,000
Preferred stock, shares issued (in shares)	[1]												515																						515		515
Series B Preferred Stock
Class of Stock [Line Items]
Options surrendered in exchange (in shares)							20,132
Convertible Series C Preferred Stock
Class of Stock [Line Items]
Options surrendered in exchange (in shares)				1,857
Convertible Series C Preferred Stock | Noncumulative Preferred Stock
Class of Stock [Line Items]
Proceeds from issuance of common stock						$ 18,544,000
Preferred Stock, dividend rate percent						6.00%
Preferred stock, par or stated value (in dollars per share)						$ 0.01
Preferred stock, shares issued (in shares)						1,857
Aggregate proceeds from issuance of stock						$ 18,570,000
Series C Preferred Stock
Class of Stock [Line Items]
Share price (in dollars per share)						$ 10,000
At-the-Market Equity Distribution Agreement | Common Stock
Class of Stock [Line Items]
Aggregate offering price		$ 50,000,000	$ 50,000		$ 50,000
Aggregate compensation payable to Distribution Agents as a percentage of gross sales price		2.50%	2.50%		2.50%
Maximum amount of expense reimbursable to Distribution Agents		$ 75,000	$ 75,000		$ 125,000
Proceeds from issuance of common stock									$ 5,181,000	$ 7,252,000	$ 1,279,000	$ 7,471,000	$ 6,057,000		$ 2,837,000	$ 5,971,000	$ 11,818,000	$ 884,000	$ 9,646,000	$ 5,130,000	$ 9,924,000	$ 3,423,000	$ 17,218,000	$ 3,409,000	$ 4,647,000	$ 9,409,000	$ 3,942,000	$ 7,054,000	$ 2,984,000	$ 10,431,000	$ 3,409,000	$ 6,874,000	$ 50,000,000	$ 50,000,000							$ 50,000,000
Maximum amount to reimbursable expenses of distribution agents, thereafter		$ 25,000
[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.

STOCKHOLDERS' EQUITY - ATM OFFE

STOCKHOLDERS' EQUITY - ATM OFFERING (Details)		Nov. 17, 2015	Oct. 31, 2015USD ($)$ / sharesshares	Sep. 30, 2015USD ($)$ / sharesshares	Aug. 31, 2015USD ($)$ / sharesshares	Jul. 31, 2015USD ($)$ / sharesshares	Jun. 30, 2015USD ($)$ / sharesshares		May 31, 2015USD ($)$ / sharesshares		Apr. 30, 2015USD ($)$ / sharesshares		Mar. 31, 2015USD ($)$ / sharesshares		Feb. 28, 2015USD ($)$ / sharesshares		Jan. 31, 2015USD ($)$ / sharesshares		Dec. 31, 2014USD ($)$ / sharesshares		Nov. 30, 2014USD ($)$ / sharesshares		Oct. 31, 2014USD ($)$ / sharesshares		Sep. 30, 2014USD ($)$ / sharesshares		Aug. 31, 2014USD ($)$ / sharesshares		Jun. 30, 2014USD ($)$ / sharesshares		May 31, 2014USD ($)$ / sharesshares		Feb. 28, 2014USD ($)$ / sharesshares		Jan. 31, 2014USD ($)$ / sharesshares		Dec. 31, 2013USD ($)$ / sharesshares		Nov. 30, 2013USD ($)$ / sharesshares		Oct. 31, 2013USD ($)$ / sharesshares		Mar. 31, 2013USD ($)$ / sharesshares		Jan. 31, 2015USD ($)shares		Dec. 31, 2015USD ($)	Jun. 30, 2016USD ($)shares		Jun. 30, 2015USD ($)shares		Jun. 30, 2014USD ($)shares		Jun. 30, 2014USD ($)shares		Jun. 30, 2013shares
Class of Stock [Line Items]
Number of Shares Sold (in shares) | shares	[1]						63,145,364	[2]																					58,779,522																			64,513,494	[2]	63,145,364	[2]	58,779,522		58,779,522		55,838,204
Net Proceeds																																																$ 21,120,000		$ 75,985,000		$ 41,576,000
Common stock split, conversion ratio		4
At-the-Market Equity Distribution Agreement | Common Stock
Class of Stock [Line Items]
Weighted Average Per Share Price (dollars per share) | $ / shares			$ 32.43	$ 30.99	$ 32.81	$ 27.37	$ 24.69	[3]	$ 23.69	[3]	$ 23.10	[3]	$ 23.38	[3]	$ 22.68	[3]	$ 20.35	[3]	$ 19.69	[3]	$ 19.58	[3]	$ 17.56	[3]	$ 18.65	[3]	$ 19.68	[3]	$ 19.63	[3]	$ 19.46	[3]	$ 20.38	[3]	$ 20.10	[3]	$ 19.83	[3]	$ 18.09	[3]	$ 17.63	[3]	$ 8.81	[3]
Number of Shares Sold (in shares) | shares			163,808,000	240,000,000	40,000,000	280,000,000	251,592,000	[3]	122,800,000	[3]	265,088,000	[3]	518,528,000	[3]	40,000,000	[3]	486,280,000	[3]	267,200,000	[3]	520,000,000	[3]	200,000,000	[3]	947,200,000	[3]	177,668,000	[3]	242,776,000	[3]	496,000,000	[3]	198,432,000	[3]	360,000,000	[3]	154,396,000	[3]	591,280,000	[3]	198,320,000	[3]	800,000,000	[3]	486,280,000	[3]				251,592,000	[3]	242,776,000	[3]	242,776,000	[3]
Net Proceeds			$ 5,181,000	$ 7,252,000	$ 1,279,000	$ 7,471,000	$ 6,057,000		$ 2,837,000		$ 5,971,000		$ 11,818,000		$ 884,000		$ 9,646,000		$ 5,130,000		$ 9,924,000		$ 3,423,000		$ 17,218,000		$ 3,409,000		$ 4,647,000		$ 9,409,000		$ 3,942,000		$ 7,054,000		$ 2,984,000		$ 10,431,000		$ 3,409,000		$ 6,874,000		$ 50,000,000		$ 50,000,000							$ 50,000,000
Compensation to Distribution Agent			$ 132,000	$ 186,000	$ 33,000	$ 192,000	$ 155,000		$ 73,000		$ 153,000		$ 303,000		$ 23,000		$ 248,000		$ 132,000		$ 254,000		$ 88,000		$ 441,000		$ 87,000		$ 120,000		$ 241,000		$ 101,000		$ 181,000		$ 77,000		$ 267,000		$ 87,000		$ 176,000
[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. The par value of common stock remains unchanged at $0.01 per share after the aforementioned forward stock split.
[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.
[3]	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

STOCK-BASED COMPENSATION - NARR

STOCK-BASED COMPENSATION - NARRATIVE (Details)	Jul. 01, 2007	Jun. 30, 2016stock_incentive_planshares		Mar. 17, 2016USD ($)	Nov. 30, 2015shares	Nov. 06, 2015shares	Oct. 31, 2015shares	Jun. 30, 2015shares	[1]	Nov. 30, 2007
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock, shares authorized (in shares)		150,000,000	[1]		150,000,000		50,000,000	150,000,000
Common stock, dividend issued, shares, stock split						3
Stock repurchased program, authorized amount | $				$ 100,000,000
Plans
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of stock incentive plans | stock_incentive_plan		2
Contractual term for options granted under the 1999 Plan		10 years
Plans | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period for options granted		3 years
Plans | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period for options granted		5 years
2004 Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Annual percentage increase to shares available for grant	1.50%
Number of fiscal years stock increases	4 years
2004 Plan | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of outstanding shares always available for grants under the 1999 Plan										14.80%
2014 Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares available for issuance (in shares)		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.

STOCK-BASED COMPENSATION - STOC

STOCK-BASED COMPENSATION - STOCK OPTIONS (Details) $ / shares in Units, $ in Thousands		Nov. 17, 2015	Jun. 30, 2016USD ($)$ / sharesshares	Jun. 30, 2015USD ($)$ / sharesshares		Jun. 30, 2014USD ($)$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Outstanding, beginning (in shares) | shares	[1]		82,400	427,800		649,928
Granted (in shares) | shares			0	0	[1]	0	[1]
Exercised (in shares) | shares	[2]		(82,400)	(218,539)	[1]	(222,128)	[1]
Cancelled (in shares) | shares			0	(126,861)	[1]	0	[1]
Outstanding, ending (in shares) | shares			0	82,400	[1]	427,800	[1]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Abstract]
Outstanding (Wtd. Avg. Ex. Price), beginning (in dollars per share) | $ / shares	[1]		$ 1.84	$ 2.18		$ 2.20
Granted (Wtd. Avg. Ex. Price) (in dollars per share) | $ / shares			0	0	[1]	0	[1]
Exercised (Wtd. Avg. Ex. Price) (in dollars per share) | $ / shares			1.84	2.26	[1]	2.25	[1]
Cancelled (Wtd. Avg. Ex. Price) (in dollars per share) | $ / shares			0	2.26	[1]	0	[1]
Outstanding (Wtd. Avg. Ex. Price), ending (in dollars per share) | $ / shares			$ 0	$ 1.84	[1]	$ 2.18	[1]
Options exercisable (in shares) | shares	[1]		0	82,400		427,800
Options exercisable (Wtd. Avg. Ex. Price) (in dollars per share) | $ / shares	[1]		$ 0	$ 1.84		$ 2.18
Common stock split, conversion ratio		4
Aggregate intrinsic value of options exercised or converted during the period | $			$ 2,656	$ 7,834		$ 4,021
[1]	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.

STOCK-BASED COMPENSATION - REST

STOCK-BASED COMPENSATION - RESTRICTED STOCK AND RSUs (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	$ 11,326	$ 6,648	$ 4,358
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted stock unit grants (in shares)	615,834	775,836	531,776
Restricted stock unit grants canceled during the period (in shares)	(154,668)	(235,557)	(301,974)
Stock-based compensation expense	$ 11,326	$ 6,648	$ 4,358
Tax benefit from stock-based compensation	4,509	$ 2,746	$ 1,771
Unrecognized Compensation Expense [Abstract]
2,017	9,901
2,018	7,126
2,019	2,763
Unrecognized compensation expense, total	$ 19,790
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Non-vested balance, beginning balance (in shares)	1,135,088	945,756	1,193,940
Granted (in shares)	615,834	775,836	531,776
Vested (in shares)	(536,528)	(350,947)	(477,986)
Canceled (in shares)	(154,668)	(235,557)	(301,974)
Non-vested balance, ending balance (in shares)	1,059,726	1,135,088	945,756
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 (Wtd. Avg. Grant Date FV), beginning balance (in dollars per share)	$ 17.01	$ 10.29	$ 5.53
Granted (Wtd. Avg. Grant Date FV) (in dollars per share)	26.60	19.99	14.98
Vested (Wtd. Avg. Grant Date FV) (in dollars per share)	16.14	10.11	5.84
Cancelled (Wtd. Avg. Grant Date FV) (in dollars per share)	18.70	11.26	6.76
Non-vested balance (Wtd. Avg. Grant Date FV), ending balance (in dollars per share)	$ 22.53	$ 17.01	$ 10.29
Total fair value of shares vested in the period	$ 13,256	$ 11,907	$ 12,211
Restricted Stock Units (RSUs) | 2004 Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted stock unit grants (in shares)	615,834	775,824	531,776
Restricted stock unit grants canceled during the period (in shares)	(94,325)	(67,104)	(100,920)
Restricted stock unit awards vested and issued (in shares)	596,871	519,400	679,040
Restricted stock unit grants, annual vesting percentage	33.30%	33.30%	33.30%
Vesting period for options granted	3 years	3 years	3 years
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Granted (in shares)	615,834	775,824	531,776
Canceled (in shares)	(94,325)	(67,104)	(100,920)
Restricted Stock Units (RSUs) | 2004 Plan | Chief Executive Officer
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted stock unit grants (in shares)	288,000	288,000	288,000
Restricted stock unit grants, annual vesting percentage	25.00%	25.00%	25.00%
Vesting period for options granted	4 years	4 years	4 years
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Granted (in shares)	288,000	288,000	288,000

EARNINGS PER SHARE (Details)

EARNINGS PER SHARE (Details) $ / shares in Units, $ in Thousands	Nov. 17, 2015	Jun. 30, 2016USD ($)$ / shares		Mar. 31, 2016USD ($)$ / shares		Dec. 31, 2015USD ($)$ / shares		Sep. 30, 2015USD ($)$ / shares		Jun. 30, 2015USD ($)$ / shares		Mar. 31, 2015USD ($)$ / shares		Dec. 31, 2014USD ($)$ / shares		Sep. 30, 2014USD ($)$ / shares		Jun. 30, 2016USD ($)$ / sharesshares		Jun. 30, 2015USD ($)$ / sharesshares		Jun. 30, 2014USD ($)$ / sharesshares
Earnings Per Share [Abstract]
Net income | $		$ 29,727		$ 35,914		$ 28,149		$ 25,501		$ 24,395		$ 21,074		$ 19,372		$ 17,841		$ 119,291		$ 82,682		$ 55,956
Preferred stock dividends | $																		(309)		(309)		(309)
Net income attributable to common shareholders | $		$ 29,650		$ 35,837		$ 28,071		$ 25,424		$ 24,318		$ 20,997		$ 19,294		$ 17,764		$ 118,982		$ 82,373		$ 55,647
Average common shares issued and outstanding (in shares)																		62,909,411		59,939,844		56,159,236
Average unvested restricted stock grant and RSU shares (in shares)																		1,355,796		1,238,064		1,312,060
Total qualifying shares (in shares)																		64,265,207		61,177,908		57,471,296
Earnings per common share (dollars per share) | $ / shares		$ 0.46	[1]	$ 0.56	[1]	$ 0.44	[1]	$ 0.40	[1]	$ 0.39	[1]	$ 0.34	[1]	$ 0.32	[1]	$ 0.30	[1]	$ 1.85	[2]	$ 1.35	[2],[3]	$ 0.97	[2],[3]
Preferred stock dividends to dilutive convertible preferred | $																		$ 0		$ 0		$ 0
Dilutive net income attributable to common shareholders | $																		$ 118,982		$ 82,373		$ 55,647
Average common shares issued and outstanding (in shares)																		64,265,207		61,177,908		57,471,296
Dilutive effect of stock options (in shares)																		5,845		226,456		299,472
Dilutive effect of convertible preferred stock (in shares)																		0		0		0
Total dilutive common shares issued and outstanding (in shares)																		64,271,052		61,404,364		57,770,768
Diluted earnings per share (dollars per share) | $ / shares		$ 0.46	[1]	$ 0.56	[1]	$ 0.44	[1]	$ 0.40	[1]	$ 0.39	[1]	$ 0.34	[1]	$ 0.32	[1]	$ 0.30	[1]	$ 1.85	[2]	$ 1.34	[2],[3]	$ 0.96	[2],[3]
Common stock split, conversion ratio	4
[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]	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
[3]	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 CONTINGENCIES96

COMMITMENTS AND CONTINGENCIES (Details) $ in Thousands	12 Months Ended
	Jun. 30, 2016USD ($)	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)	Jun. 09, 2016claim	Feb. 02, 2016claim	Dec. 31, 2015claim
Operating Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]
2,017	$ 4,088
2,018	4,358
2,019	4,555
2,020	4,746
2,021	743
Thereafter	1,938
Total	20,428
Rent expense	$ 3,901	$ 2,806	$ 2,111
Shareholder Derivative Actions
Loss Contingencies [Line Items]
Number of derivative actions filed | claim					5	2
Number of consolidated derivative actions filed | claim				4

OFF-BALANCE-SHEET ACTIVITIES (D

OFF-BALANCE-SHEET ACTIVITIES (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Jun. 30, 2015
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Off-balance sheet, fixed rate commitments to originate weighted-average rate	3.59%	3.81%
Off-balance sheet risk, ratio of commitments to originate loans to commitments to sell	85.70%	64.80%
Loan purchase and origination commitments
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Off-balance sheet, loan purchase commitment	$ 337,464	$ 212,025
Loan purchase and origination commitments | Fixed Interest Rate
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Off-balance sheet, loan purchase commitment	161,663	68,030
Loan purchase and origination commitments | Variable Interest Rate
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Off-balance sheet, loan purchase commitment	175,801	143,995
Loan Origination Commitments | Sales commitment
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Off-balance sheet, loan origination commitment	136,426	88,634
Loan Origination Commitments | Fixed Interest Rate | Sales commitment
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Off-balance sheet, loan origination commitment	134,114	77,188
Loan Origination Commitments | Variable Interest Rate | Sales commitment
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Off-balance sheet, loan origination commitment	$ 2,312	$ 11,446

MINIMUM REGULATORY CAPITAL RE98

MINIMUM REGULATORY CAPITAL REQUIREMENTS (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015
Regulatory Capital:
Tier 1, Amount				$ 690,893				$ 542,924
Common equity tier 1, Amount				685,830				537,861
Total capital (to risk-weighted assets), Amount				777,834				571,251
Assets:
Average adjusted, Amount				7,575,526				5,660,097
Total risk-weighted, Amount				$ 4,755,242				$ 3,591,432
Regulatory Capital Ratios:
Tier 1 leverage (core) capital to adjusted average assets, Ratio				9.12%				9.59%
Tier 1 leverage (core) capital to adjusted average assets, Well Capitalized Ratio				5.00%
Tier 1 leverage (core) capital to adjusted average assets, Minimum Capital Ratio				4.00%
Common equity tier 1 capital (to risk-weighted assets), Ratio				14.42%				14.98%
Common equity tier 1 capital (to risk-weighted assets), Well Capitalized Ratio				6.50%
Common equity tier 1 capital (to risk-weighted assets), Minimum Capital Ratio				4.50%
Tier 1 capital (to risk-weighted assets), Ratio				14.53%				15.12%
Tier 1 capital (to risk-weighted assets), Well Capitalized Ratio				8.00%
Tier 1 capital (to risk-weighted assets), Minimum Capital Ratio				6.00%
Total capital (to risk-weighted assets), Ratio				16.36%				15.91%
Total capital (to risk-weighted assets), Well Capitalized Ratio				10.00%
Total capital (to risk-weighted assets), Minimum Capital Ratio				8.00%
Scenario, Forecast
Regulatory Capital Ratios:
Common equity tier 1 capital (to risk-weighted assets), Minimum Capital Ratio	7.00%
Tier 1 capital (to risk-weighted assets), Minimum Capital Ratio	8.50%
Total capital (to risk-weighted assets), Minimum Capital Ratio	10.50%
Common equity tier 1 capital (to risk-weighted assets) annual increase percentage	0.625%	0.625%	0.625%
Tier 1 capital (to risk-weighted assets) annual increase percentage	0.625%	0.625%	0.625%
Total capital (to risk-weighted assets) annual increase percentage	0.625%	0.625%	0.625%
BofI Federal Bank
Regulatory Capital:
Tier 1, Amount				$ 664,427				$ 522,891
Common equity tier 1, Amount				664,427				522,891
Total capital (to risk-weighted assets), Amount				700,368				551,218
Assets:
Average adjusted, Amount				7,566,865				5,654,199
Total risk-weighted, Amount				$ 4,747,496				$ 3,585,149
Regulatory Capital Ratios:
Tier 1 leverage (core) capital to adjusted average assets, Ratio				8.78%				9.25%
Common equity tier 1 capital (to risk-weighted assets), Ratio				14.00%				14.58%
Tier 1 capital (to risk-weighted assets), Ratio				14.00%				14.58%
Total capital (to risk-weighted assets), Ratio				14.75%				15.38%
BofI Federal Bank | H and R Block Bank Deposits
Regulatory Capital Ratios:
Tier 1 capital (to risk-weighted assets), Well Capitalized Ratio					8.00%	8.50%	8.50%	8.50%

EMPLOYMENT AGREEMENTS AND EMP99

EMPLOYMENT AGREEMENTS AND EMPLOYEE BENEFIT PLANS (Details) $ in Thousands	Jun. 30, 2016shares	Jun. 30, 2016USD ($)factorobjectivebase_salaryaccountawardshares	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)
401(k) Plan
401(k) plan, maximum employee annual contribution		15.00%
401(k) plan expense | $		$ 801	$ 110	$ 1
Chief Executive Officer
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]
Employment agreement maximum contractual term	1 year
Base salary | $		$ 375
Number of performance objectives | objective		5
Shares authorized for issuance | shares	160,000	160,000
Factor used to calculate salary pay if terminated | base_salary		2
Continuation of health benefits if terminated		12 months
Chief Executive Officer | Minimum
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]
Cash awards granted, percentage		0.00%
Factor used to calculate stock award		0
Chief Executive Officer | Maximum
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]
Cash awards granted, percentage		105.00%
Factor used to calculate stock award		3
Chief Executive Vice President and Chief Financial Officer
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]
Cash awards granted, percentage		30.00%
Shares authorized for issuance | shares	60,000	60,000
Number of achievement based awards | award		2
Vesting period for options granted		3 years
Chief Executive Vice President and Chief Financial Officer | Minimum
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]
Factor used to calculate stock award		0
Chief Executive Vice President and Chief Financial Officer | Maximum
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]
Factor used to calculate stock award		3.4
Key Management Employees and Directors
Deferred Compensation Plans
Maximum allowable percentage of compensation deferred		100.00%
Number of accounts participants have the option to invest | account		2
Compensation expense | $		$ 0	$ 0

PARENT-ONLY CONDENSED FINANC100

PARENT-ONLY CONDENSED FINANCIAL INFORMATION - CONDENSED BALANCE SHEETS (Details) - USD ($) $ in Thousands		Jun. 30, 2016		Jun. 30, 2015		Jun. 30, 2014	Jun. 30, 2013
Condensed Financial Statements, Captions [Line Items]
Cash and cash equivalents		$ 486,727		$ 222,874		$ 155,584	$ 201,694
Loans		6,354,679		4,928,618
Other assets		86,667		34,970
TOTAL ASSETS		7,601,354		5,823,719
Accrued interest payable		1,667		1,266
Accounts payable and accrued liabilities and other liabilities		51,980		43,855
Total liabilities		6,917,764		5,290,193
Stockholders’ equity		683,590	[1]	533,526	[1]	370,778	268,262
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	[1]	7,601,354		5,823,719
Parent
Condensed Financial Statements, Captions [Line Items]
Cash and cash equivalents		77,383		22,729		$ 3,049	$ 18,341
Loans		37		39
Investment securities		12		204
Other assets		7,722		6,155
Due from subsidiary		0		3
Investment in subsidiary		657,119		513,701
TOTAL ASSETS		742,273		542,831
Subordinated notes and debentures		56,155		5,155
Accrued interest payable		292		14
Accounts payable and accrued liabilities and other liabilities		2,236		4,136
Total liabilities		58,683		9,305
Stockholders’ equity		683,590		533,526
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY		$ 742,273		$ 542,831
[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.

PARENT-ONLY CONDENSED FINANC101

PARENT-ONLY CONDENSED FINANCIAL INFORMATION - STATEMENTS OF INCOME (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Condensed Financial Statements, Captions [Line Items]
Interest expense	$ 17,106	$ 14,725	$ 12,764	$ 12,101	$ 12,273	$ 12,246	$ 10,970	$ 9,930	$ 56,696	$ 45,419	$ 35,781
Net interest income	69,155	69,557	63,171	59,128	55,294	50,665	48,111	44,875	261,011	198,945	137,097
Provision for loan and lease losses	1,900	2,000	3,400	2,400	2,900	2,900	2,900	2,500	9,700	11,200	5,350
Net interest income, after provision for loan and lease losses	67,255	67,557	59,771	56,728	52,394	47,765	45,211	42,375	251,311	187,745	131,747
Non-interest income (loss)	17,015	23,316	16,220	9,789	10,278	8,366	6,697	5,249	66,340	30,590	22,455
Non-interest expense	32,985	29,408	27,445	22,918	20,752	20,343	18,937	17,446	112,756	77,478	59,933
NET INCOME	$ 29,727	$ 35,914	$ 28,149	$ 25,501	$ 24,395	$ 21,074	$ 19,372	$ 17,841	119,291	82,682	55,956
Comprehensive income									121,386	83,649	56,390
Parent
Condensed Financial Statements, Captions [Line Items]
Interest income									136	111	82
Interest expense									1,275	143	143
Net interest income									(1,139)	(32)	(61)
Provision for loan and lease losses									0	0	0
Net interest income, after provision for loan and lease losses									(1,139)	(32)	(61)
Non-interest income (loss)									339	(9)	(3)
Non-interest expense									7,345	4,678	3,218
Income (loss) before dividends from subsidiary and equity in undistributed income of subsidiary									(8,145)	(4,719)	(3,282)
Dividends from subsidiary									2,900	1,950	2,600
Equity in undistributed earnings of subsidiary									124,536	85,451	56,638
NET INCOME									119,291	82,682	55,956
Comprehensive income									$ 121,386	$ 83,649	$ 56,390

PARENT-ONLY CONDENSED FINANC102

PARENT-ONLY CONDENSED FINANCIAL INFORMATION - STATEMENT OF CASH FLOWS (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:
NET INCOME	$ 29,727	$ 35,914	$ 28,149	$ 25,501	$ 24,395	$ 21,074	$ 19,372	$ 17,841	$ 119,291	$ 82,682	$ 55,956
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Accretion of discounts on securities									(5,276)	(5,517)	(8,340)
Impairment charge on securities									565	2,365	2,802
Accretion of discounts on loans									959	(27)	(2,647)
Gain on sales of loans held for sale									(26,616)	(21,057)	(17,007)
Stock-based compensation expense									11,326	6,648	4,358
Tax effect from exercise of common stock options and vesting of restricted stock grants									(2,531)	(5,526)	(4,856)
Decrease (increase) in other assets									(54,712)	(17,948)	(1,224)
Net cash provided by (used in) operating activities									210,644	116,102	21,319
CASH FLOWS FROM INVESTING ACTIVITIES:
Proceeds from principal repayments on loans									2,253,017	1,847,665	990,305
Net cash used in investing activities									(1,587,418)	(1,374,176)	(1,318,172)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from exercise of common stock options									151	781	500
Proceeds from issuance of common stock									21,120	75,985	41,576
Tax effect from exercise of common stock options and vesting of restricted stock grants									2,531	5,526	4,856
Proceeds from issuance of subordinated notes									51,000	0	0
Cash dividends on preferred stock									(309)	(309)	(309)
Net cash provided by (used in) financing activities									1,640,627	1,325,364	1,250,743
NET CHANGE IN CASH AND CASH EQUIVALENTS									263,853	67,290	(46,110)
CASH AND CASH EQUIVALENTS—Beginning of year				222,874				155,584	222,874	155,584	201,694
CASH AND CASH EQUIVALENTS—End of year	486,727				222,874				486,727	222,874	155,584
Parent
CASH FLOWS FROM OPERATING ACTIVITIES:
NET INCOME									119,291	82,682	55,956
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Accretion of discounts on securities									(50)	(69)	(41)
Impairment charge on securities									0	9	56
Accretion of discounts on loans									(6)	(12)	(12)
Gain on sales of loans held for sale									(339)	0	0
Stock-based compensation expense									11,326	6,648	4,358
Tax effect from exercise of common stock options and vesting of restricted stock grants									(2,531)	(5,526)	(4,856)
Equity in undistributed earnings of subsidiary									(124,533)	(85,368)	(72,296)
Decrease (increase) in other assets									(1,289)	(1,972)	(2,400)
Increase (decrease) in other liabilities									(5,247)	(3,702)	(616)
Net cash provided by (used in) operating activities									(3,378)	(7,310)	(19,851)
CASH FLOWS FROM INVESTING ACTIVITIES:
Proceeds from sale of available-for-sale securities									531	0	0
Proceeds from principal repayments on loans									8	7	9
Investment in subsidiary									(17,000)	(55,000)	(42,073)
Net cash used in investing activities									(16,461)	(54,993)	(42,064)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from exercise of common stock options									151	781	500
Proceeds from issuance of common stock									21,120	75,985	41,576
Tax effect from exercise of common stock options and vesting of restricted stock grants									2,531	5,526	4,856
Proceeds from issuance of subordinated notes									51,000	0	0
Cash dividends on preferred stock									(309)	(309)	(309)
Net cash provided by (used in) financing activities									74,493	81,983	46,623
NET CHANGE IN CASH AND CASH EQUIVALENTS									54,654	19,680	(15,292)
CASH AND CASH EQUIVALENTS—Beginning of year				$ 22,729				$ 3,049	22,729	3,049	18,341
CASH AND CASH EQUIVALENTS—End of year	$ 77,383				$ 22,729				$ 77,383	$ 22,729	$ 3,049

QUARTERLY FINANCIAL INFORMAT103

QUARTERLY FINANCIAL INFORMATION (UNAUDITED) (Details) $ / shares in Units, $ in Thousands	Nov. 17, 2015	Jun. 30, 2016USD ($)$ / shares		Mar. 31, 2016USD ($)$ / shares		Dec. 31, 2015USD ($)$ / shares		Sep. 30, 2015USD ($)$ / shares		Jun. 30, 2015USD ($)$ / shares		Mar. 31, 2015USD ($)$ / shares		Dec. 31, 2014USD ($)$ / shares		Sep. 30, 2014USD ($)$ / shares		Jun. 30, 2016USD ($)$ / shares		Jun. 30, 2015USD ($)$ / shares		Jun. 30, 2014USD ($)$ / shares
Quarterly Financial Information Disclosure [Abstract]
Interest and dividend income		$ 86,261		$ 84,282		$ 75,935		$ 71,229		$ 67,567		$ 62,911		$ 59,081		$ 54,805		$ 317,707		$ 244,364		$ 172,878
Interest expense		17,106		14,725		12,764		12,101		12,273		12,246		10,970		9,930		56,696		45,419		35,781
Net interest income		69,155		69,557		63,171		59,128		55,294		50,665		48,111		44,875		261,011		198,945		137,097
Provision for loan and lease losses		1,900		2,000		3,400		2,400		2,900		2,900		2,900		2,500		9,700		11,200		5,350
Net interest income, after provision for loan and lease losses		67,255		67,557		59,771		56,728		52,394		47,765		45,211		42,375		251,311		187,745		131,747
Non-interest income		17,015		23,316		16,220		9,789		10,278		8,366		6,697		5,249		66,340		30,590		22,455
Non-interest expense		32,985		29,408		27,445		22,918		20,752		20,343		18,937		17,446		112,756		77,478		59,933
INCOME BEFORE INCOME TAXES		51,285		61,465		48,546		43,599		41,920		35,788		32,971		30,178		204,895		140,857		94,269
Income tax expense		21,558		25,551		20,397		18,098		17,525		14,714		13,599		12,337		85,604		58,175		38,313
NET INCOME		29,727		35,914		28,149		25,501		24,395		21,074		19,372		17,841		119,291		82,682		55,956
Net income attributable to common stock		$ 29,650		$ 35,837		$ 28,071		$ 25,424		$ 24,318		$ 20,997		$ 19,294		$ 17,764		$ 118,982		$ 82,373		$ 55,647
Basic earnings per share (dollars per share) | $ / shares		$ 0.46	[1]	$ 0.56	[1]	$ 0.44	[1]	$ 0.40	[1]	$ 0.39	[1]	$ 0.34	[1]	$ 0.32	[1]	$ 0.30	[1]	$ 1.85	[2]	$ 1.35	[2],[3]	$ 0.97	[2],[3]
Diluted earnings per share (dollars per share) | $ / shares		$ 0.46	[1]	$ 0.56	[1]	$ 0.44	[1]	$ 0.40	[1]	$ 0.39	[1]	$ 0.34	[1]	$ 0.32	[1]	$ 0.30	[1]	$ 1.85	[2]	$ 1.34	[2],[3]	$ 0.96	[2],[3]
Common stock split, conversion ratio	4
[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]	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
[3]	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.

Uncategorized Items - bofi-2016

Label	Element	Value
Agency Securities [Member]
Held-to-maturity Securities	us-gaap_HeldToMaturitySecurities	$ 0	[1]
Held-to-maturity Securities	us-gaap_HeldToMaturitySecurities	0	[1]
Held-to-maturity Securities, Accumulated Unrecognized Holding Gain	us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain	0	[1]
Held-to-maturity Securities, Accumulated Unrecognized Holding Gain	us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain	0	[1]
Held-to-maturity Securities, Accumulated Unrecognized Holding Loss	us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss	0	[1]
Held-to-maturity Securities, Accumulated Unrecognized Holding Loss	us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss	0	[1]
Held-to-maturity Securities, Fair Value	us-gaap_HeldToMaturitySecuritiesFairValue	0	[1]
Held-to-maturity Securities, Fair Value	us-gaap_HeldToMaturitySecuritiesFairValue	0	[1]
Municipal Bonds [Member]
Held-to-maturity Securities	us-gaap_HeldToMaturitySecurities	35,976,000
Held-to-maturity Securities	us-gaap_HeldToMaturitySecurities	35,896,000
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	5,610,000
Held-to-maturity Securities, Accumulated Unrecognized Holding Loss	us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss	0
Held-to-maturity Securities, Accumulated Unrecognized Holding Loss	us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss	0
Held-to-maturity Securities, Fair Value	us-gaap_HeldToMaturitySecuritiesFairValue	40,050,000
Held-to-maturity Securities, Fair Value	us-gaap_HeldToMaturitySecuritiesFairValue	41,506,000
Agency, Residential Mortgage Backed Securities [Member]
Held-to-maturity Securities	us-gaap_HeldToMaturitySecurities	41,993,000	[1]
Held-to-maturity Securities	us-gaap_HeldToMaturitySecurities	35,067,000	[1]
Held-to-maturity Securities, Accumulated Unrecognized Holding Gain	us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain	1,398,000	[1]
Held-to-maturity Securities, Accumulated Unrecognized Holding Gain	us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain	843,000	[1]
Held-to-maturity Securities, Accumulated Unrecognized Holding Loss	us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss	0	[1]
Held-to-maturity Securities, Accumulated Unrecognized Holding Loss	us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss	1,000	[1]
Non-Agency, Residential Mortgage Backed Securities [Member]
Held-to-maturity Securities	us-gaap_HeldToMaturitySecurities	147,586,000	[2]
Held-to-maturity Securities	us-gaap_HeldToMaturitySecurities	128,211,000	[2]
Held-to-maturity Securities, Accumulated Unrecognized Holding Gain	us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain	10,045,000	[2]
Held-to-maturity Securities, Accumulated Unrecognized Holding Gain	us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain	7,095,000	[2]
Held-to-maturity Securities, Accumulated Unrecognized Holding Loss	us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss	12,749,000	[2]
Held-to-maturity Securities, Accumulated Unrecognized Holding Loss	us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss	10,044,000	[2]
Non-Agency Securities [Member]
Held-to-maturity Securities	us-gaap_HeldToMaturitySecurities	0
Held-to-maturity Securities	us-gaap_HeldToMaturitySecurities	0
Held-to-maturity Securities, Accumulated Unrecognized Holding Gain	us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain	0
Held-to-maturity Securities, Accumulated Unrecognized Holding Gain	us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain	0
Held-to-maturity Securities, Accumulated Unrecognized Holding Loss	us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss	0
Held-to-maturity Securities, Accumulated Unrecognized Holding Loss	us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss	0
Held-to-maturity Securities, Fair Value	us-gaap_HeldToMaturitySecuritiesFairValue	0
Held-to-maturity Securities, Fair Value	us-gaap_HeldToMaturitySecuritiesFairValue	$ 0
[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.