Axos Financial (AX) 10-Q 27 Oct 16 2017 Q1 Quarterly report Financial data

DOCUMENT AND ENTITY INFORMATION

DOCUMENT AND ENTITY INFORMATION - shares	3 Months Ended
	Sep. 30, 2016	Oct. 21, 2016
Document and Entity Information [Abstract]
Entity Registrant Name	BofI Holding, Inc.
Entity Central Index Key	1,299,709
Current Fiscal Year End Date	--06-30
Entity Filer Category	Large Accelerated Filer
Document Type	10-Q
Document Period End Date	Sep. 30, 2016
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q1
Amendment Flag	false
Entity Common Stock, Shares Outstanding		63,299,376

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Sep. 30, 2016	Jun. 30, 2016
ASSETS
Cash and due from banks	$ 584,754	$ 486,627
Federal funds sold	14,300	100
Total cash and cash equivalents	599,054	486,727
Securities:
Trading	7,695	7,584
Available-for-sale	444,464	265,447
Held-to-maturity—fair value $202,677 as of June 30, 2016	0	199,174
Stock of the Federal Home Loan Bank, at cost	53,649	57,123
Loans held for sale, carried at fair value	20,611	20,871
Loans held for sale, lower of cost or fair value	30,761	33,530
Loans and leases—net of allowance for loan and lease losses of $37,596 as of September 30, 2016 and $35,826 as of June 30, 2016	6,549,742	6,354,679
Accrued interest receivable	20,172	26,201
Furniture, equipment and software—net	14,732	13,995
Deferred income tax	26,892	39,171
Cash surrender value of life insurance	6,036	5,990
Mortgage servicing rights, carried at fair value	4,855	3,943
Other real estate owned and repossessed vehicles	1,370	252
Other assets	75,010	84,617
TOTAL ASSETS	7,855,043	7,599,304
Deposits:
Non-interest bearing	592,007	588,774
Interest bearing	5,731,805	5,455,277
Total deposits	6,323,812	6,044,051
Securities sold under agreements to repurchase	35,000	35,000
Advances from the Federal Home Loan Bank	655,000	727,000
Subordinated notes and debentures and other	56,511	56,016
Accrued interest payable	2,249	1,667
Accounts payable and other liabilities	60,612	51,980
Total liabilities	7,133,184	6,915,714
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 September 30, 2016 and June 30, 2016	5,063	5,063
Common stock—$0.01 par value; 150,000,000 shares authorized; 64,664,045 shares issued and 63,299,014 shares outstanding as of September 30, 2016; 64,513,494 shares issued and 63,219,392 shares outstanding as of June 30, 2016	647	645
Additional paid-in capital	334,119	331,156
Accumulated other comprehensive income (loss)—net of tax	601	(7,304)
Retained earnings	413,635	384,815
Treasury stock, at cost; 1,365,031 shares as of September 30, 2016 and 1,294,102 shares as of June 30, 2016	(32,206)	(30,785)
Total stockholders’ equity	721,859	683,590
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 7,855,043	$ 7,599,304

CONDENSED CONSOLIDATED BALANCE3

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) $ in Thousands	Sep. 30, 2016USD ($)$ / sharesshares	Jun. 30, 2016USD ($)$ / sharesshares
Assets:
Held to maturity - Fair Value | $	$ 0	$ 202,677
Allowance for loan and lease losses | $	$ 37,596	$ 35,826
Stockholders' Equity:
Common stock, par value (in dollars per share) | $ / shares	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	150,000,000	150,000,000
Common stock, shares issued (in shares)	64,664,045	64,513,494
Common stock, shares outstanding (in shares)	63,299,014	63,219,392
Preferred stock, Series A, par or stated value (in dollars per share) | $ / shares	$ 0.01	$ 0.01
Preferred Stock, shares authorized (in shares)	1,000,000	1,000,000
Treasury stock, shares (in shares)	1,365,031	1,294,102
Convertible Series A Preferred Stock
Stockholders' Equity:
Preferred stock, Series A, par or stated value (in dollars per share) | $ / shares	$ 10,000	$ 10,000
Preferred Stock, Series A, liquidation preference (in dollars per share) | $ / shares	$ 10,000	$ 10,000
Preferred stock, Series A, shares issued (in shares)	515	515
Preferred stock, Series A, shares outstanding (in shares)	515	515

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) $ in Thousands		3 Months Ended
		Sep. 30, 2016USD ($)$ / shares	Sep. 30, 2015USD ($)$ / shares
INTEREST AND DIVIDEND INCOME:
Loans and leases, including fees		$ 80,619	$ 65,078
Investments		6,861	6,151
Total interest and dividend income		87,480	71,229
INTEREST EXPENSE:
Deposits		13,514	9,023
Advances from the Federal Home Loan Bank		2,864	2,652
Other borrowings		1,322	426
Total interest expense		17,700	12,101
Net interest income		69,780	59,128
Provision for loan and lease losses		1,900	2,400
Net interest income, after provision		67,880	56,728
Realized gain on securities:
Realized gain (loss) on sale of securities		990	0
Other-than-temporary loss on securities:
Total impairment (losses) gains		(1,281)	(742)
Loss (gain) recognized in other comprehensive income		1,161	624
Net impairment loss recognized in earnings		(120)	(118)
Fair value gain (loss) on trading securities		111	70
Total unrealized (loss) gain on securities		(9)	(48)
Prepayment penalty fee income		1,298	876
Gain on sale – other		1,693	3,696
Mortgage banking income		5,133	1,878
Banking service fees and other income		5,627	3,387
Total non-interest income		14,732	9,789
NON-INTEREST EXPENSE:
Salaries and related costs		19,407	14,322
Professional services		1,354	363
Occupancy and equipment		1,275	913
Data processing and internet		3,172	1,880
Advertising and promotional		2,541	1,628
Depreciation and amortization		1,353	1,008
Real estate owned and repossessed vehicles		158	(74)
FDIC and regulator fees		1,240	1,064
Other general and administrative		2,378	1,814
Total non-interest expense		32,878	22,918
INCOME BEFORE INCOME TAXES		49,734	43,599
INCOME TAXES		20,837	18,098
NET INCOME		28,897	25,501
NET INCOME ATTRIBUTABLE TO COMMON STOCK		28,820	25,424
COMPREHENSIVE INCOME		$ 36,802	$ 26,371
Basic earnings per share, in dollars per share | $ / shares	[1],[2]	$ 0.45	$ 0.40
Diluted earnings per share, in dollars per share | $ / shares	[1],[2]	$ 0.45	$ 0.40
[1]	Per share amounts have been retroactively restated for all prior periods presented to reflect the four-for-one forward split of the Company’s common stock effected in the form of a stock dividend that was distributed on November 17, 2015.
[2]	Share and per share amounts have been retroactively restated for all prior periods presented to reflect the four-for-one forward split of the Company’s common stock effected in the form of a stock dividend that was distributed on November 17, 2015

CONDENSED CONSOLIDATED STATEME5

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Statement of Comprehensive Income [Abstract]
NET INCOME	$ 28,897	$ 25,501
Other comprehensive income, net of tax:
Net unrealized gain (loss) from available-for-sale securities, net of tax expense (benefit) of $5,736 and $(178) for the three months ended September 30, 2016 and 2015, respectively.	7,805	(236)
Other-than-temporary impairment on held-to-maturity securities recognized in other comprehensive income, net of tax expense (benefit) of $493 and $835 for the three months ended September 30, 2016 and 2015, respectively.	670	1,106
Reclassification of net (gain) loss from available-for-sale securities included in income, net of tax expense (benefit) of $420 and $0 for the three months ended September 30, 2016 and 2015, respectively.	(570)	0
Other comprehensive income	7,905	870
Comprehensive income	$ 36,802	$ 26,371

CONDENSED CONSOLIDATED STATEME6

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Statement of Comprehensive Income [Abstract]
Net unrealized gain (loss) from available-for-sale securities, tax expense (benefit)	$ 5,736	$ (178)
Other-than-temporary impairment on held-to-maturity securities recognized in other comprehensive income, tax expense (benefit)	493	835
Reclassification of net (gain) loss from available-for-sale securities included in income, tax expense (benefit)	$ 420	$ 0

CONDENSED CONSOLIDATED STATEME7

CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (Unaudited) - 3 months ended Sep. 30, 2016 - USD ($) $ in Thousands	Total	Preferred Stock	Common Stock	Treasury Stock	Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Loss, Net of Income Tax
Preferred stock, beginning balance (in shares) at Jun. 30, 2016		515
Beginning balance at Jun. 30, 2016	$ 683,590	$ 5,063	$ 645	$ (30,785)	$ 331,156	$ 384,815	$ (7,304)
Common stock, shares, issued, beginning balance (in shares) at Jun. 30, 2016	64,513,494		64,513,494
Common stock, outstanding, beginning balance (in shares) at Jun. 30, 2016	63,219,392		63,219,392	1,294,102
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	$ 28,897					28,897
Other comprehensive income	7,905						7,905
Cash dividends on preferred stock	(77)					(77)
Stock-based compensation expense	3,037				3,037
Restricted stock grants and tax benefits, issued (in shares)			150,551
Restricted stock grants and tax benefits, treasury shares				(70,929)
Restricted stock grants and tax benefits, outstanding (in shares)			79,622
Restricted stock grants and tax benefits	(1,493)		$ 2	$ (1,421)	(74)
Preferred stock, ending balance (in shares) at Sep. 30, 2016		515
Ending balance at Sep. 30, 2016	$ 721,859	$ 5,063	$ 647	$ (32,206)	$ 334,119	$ 413,635	$ 601
Common stock, shares, issued, ending balance (in shares) at Sep. 30, 2016	64,664,045		64,664,045
Common stock, outstanding, ending balance (in shares) at Sep. 30, 2016	63,299,014		63,299,014	1,365,031

CONDENSED CONSOLIDATED STATEME8

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 28,897	$ 25,501
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Accretion of discounts on securities	(1,013)	(1,233)
Net accretion of discounts on loans and leases	1,725	694
Amortization of borrowing costs	52	0
Stock-based compensation expense	3,037	2,258
Tax benefit from exercise of common stock options and vesting of restricted stock grants	72	(2,323)
Valuation of financial instruments carried at fair value	(111)	(70)
Net gain on sale of investment securities	(990)	0
Impairment charge on securities	120	118
Provision for loan and lease losses	1,900	2,400
Deferred income taxes	5,013	423
Origination of loans held for sale	(235,095)	(272,291)
Unrealized (gain) loss on loans held for sale	(78)	236
Gain on sales of loans held for sale	(6,826)	(5,574)
Proceeds from sale of loans held for sale	243,301	270,533
Change in fair value of mortgage servicing rights	221	145
(Gain) loss on sale of other real estate and foreclosed assets	19	(74)
Depreciation and amortization of furniture, equipment and software	1,353	1,008
Net changes in assets and liabilities which provide (use) cash:
Accrued interest receivable	5,976	(2,096)
Other assets	8,350	2,043
Accrued interest payable	582	(122)
Accounts payable and other liabilities	8,954	19,884
Net cash provided by (used in) operating activities	65,459	41,460
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of investment securities	(24,700)	(8,989)
Proceeds from sale of available-for-sale mortgage-backed securities	25,844	0
Proceeds from repayment of securities	34,748	14,994
Purchase of stock of Federal Home Loan Bank	(30,237)	(27,591)
Proceeds from redemption of stock of Federal Home Loan Bank	33,711	31,059
Origination of loans and leases for portfolio	(874,769)	(814,017)
Origination of mortgage warehouse loans, net	(50,401)	(11,055)
Proceeds from sales of other real estate owned and repossessed assets	23	599
Principal repayments on loans	727,127	529,453
Net purchases of furniture, equipment and software	(2,090)	(781)
Net cash used in investing activities	(160,744)	(286,328)
CASH FLOWS FROM FINANCING ACTIVITIES:
Net increase in deposits	279,761	303,445
Proceeds from Federal Home Loan Bank advances	161,000	317,000
Repayment of Federal Home Loan Bank advances	(233,000)	(249,000)
Proceeds from exercise of common stock options	0	147
Proceeds from issuance of common stock	0	16,002
Tax benefit from exercise of common stock options and vesting of restricted stock grants	(72)	2,323
Cash dividends on preferred stock	(77)	(77)
Net cash provided by financing activities	207,612	389,840
NET CHANGE IN CASH AND CASH EQUIVALENTS	112,327	144,972
CASH AND CASH EQUIVALENTS—Beginning of year	486,727	222,874
CASH AND CASH EQUIVALENTS—End of period	599,054	367,846
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Interest paid on deposits and borrowed funds	17,119	12,223
Income taxes paid	1,451	1,595
Transfers to other real estate owned and repossessed vehicles from loans	1,287	177
Transfers from loans held for sale to loans held for investment	2,047	14,419
Securities transferred from held-to-maturity to available-for-sale portfolio	$ 194,153	$ 0

BASIS OF PRESENTATION

BASIS OF PRESENTATION	3 Months Ended
	Sep. 30, 2016
Accounting Policies [Abstract]
BASIS OF PRESENTATION	BASIS OF PRESENTATION The condensed consolidated financial statements include the accounts of BofI Holding, Inc. and its wholly owned subsidiary, BofI Federal Bank (the “Bank” and collectively with BofI Holding, Inc., the “Company”). All significant intercompany balances and transactions have been eliminated in consolidation. The accompanying interim condensed consolidated financial statements, presented in accordance with accounting principles generally accepted in the United States of America (“GAAP”), are unaudited and reflect all adjustments which, in the opinion of management, are necessary for a fair statement of financial condition and results of operations for the interim periods. All adjustments are of a normal and recurring nature. Results for the three months ended September 30, 2016 are not necessarily indicative of results that may be expected for any other interim period or for the year as a whole. Certain information and note disclosures normally included in the audited annual financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”) with respect to interim financial reporting. The accompanying unaudited condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and accompanying notes for the year ended June 30, 2016 included in our Annual Report on Form 10-K. On November 17, 2015, the Company completed a four-for-one forward stock split in the form of a stock dividend. References made to outstanding shares or per share amounts in the condensed consolidated financial statements and accompanying notes have been retroactively adjusted to reflect this four-for-one stock split. In November, the number of authorized shares of common stock available for issuance was increased from 50,000,000 to 150,000,000 as approved by the Company’s Board of Directors and stockholders.

SIGNIFICANT ACCOUNTING POLICIES

SIGNIFICANT ACCOUNTING POLICIES	3 Months Ended
	Sep. 30, 2016
Accounting Policies [Abstract]
SIGNIFICANT ACCOUNTING POLICIES	SIGNIFICANT ACCOUNTING POLICIES Securities . Debt securities are classified as held-to-maturity and carried at amortized cost when management has both the positive intent and ability to hold them to maturity. Debt securities are classified as available-for-sale when they might be sold before maturity. Trading securities refer to certain types of assets that banks hold for resale at a profit or when the Company elects to account for certain securities at fair value. Increases or decreases in the fair value of trading securities are recognized in earnings as they occur. Securities available-for-sale are carried at fair value, with unrealized holding gains and losses reported in other comprehensive income, net of tax. During the quarter ended September 30, 2016, the Company elected to reclassify all of its held-to-maturity securities to available-for-sale. See Note 4 – “Securities” for further information. Gains and losses on securities sales are based on a comparison of sales proceeds and the amortized cost of the security sold using the specific identification method. Purchases and sales are recognized on the trade date. Interest income includes amortization of purchase premiums or discounts. Premiums and discounts on securities are amortized or accreted using the level-yield method without anticipating prepayments, except for mortgage-backed securities where prepayments are anticipated. The Company’s portfolios of held-to-maturity and available-for-sale securities are reviewed quarterly for other-than-temporary impairment. In performing this review, management considers (1) the length of time and extent that fair value has been less than cost, (2) the financial condition and near term prospects of the issuer, (3) the impact of changes in market interest rates on the market value of the security and (4) how to record an impairment by assessing whether the Company intends to sell or it is more likely than not that it will be required to sell a security in an unrealized loss position before the Company recovers the security’s amortized cost. If either of these criteria for (4) is met, the entire difference between amortized cost and fair value is recognized in earnings. Alternatively, if the criteria for (4) is not met, the amount of impairment recognized in earnings is limited to the amount related to credit losses, while impairment related to other factors is recognized in other comprehensive income. The credit loss is defined as the difference between the present value of the cash flows expected to be collected and the amortized cost basis. Loans and Leases . 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. The Company 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 Company generally retains legal title to the leased property until the end of each lease. Direct financing leases are stated at the net amount of minimum lease payments receivable, plus any unguaranteed residual value, less the amount of unearned income and net acquisition discount at the reporting date. Direct lease origination costs are amortized over the weighted average life of the lease portfolio. Leases acquired in an acquisition are initially measured and recorded at their fair value on the acquisition date. Purchase discounts or premiums on acquired leases are recognized as an adjustment to interest income over the contractual life of the leases using the effective interest method or taken into income when the related leases are paid off. Direct financing leases are subject to our allowance for loans and leases. Recognition of interest income on all portfolio segments is generally discontinued at the time the loan or lease is 90 days delinquent unless the loan or lease is well secured and in process of collection. Past due status is based on the contractual terms of the loan or lease. In all cases, loans or leases 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 or leases placed on nonaccrual, is reversed against interest income. Interest received on such loans or leases is accounted for on the cash-basis or cost recovery method, until qualifying for return to accrual. Loans and leases are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured. Loans Held for Sale. U.S government agency (“agency”) loans originated and intended for sale in the secondary market are carried at fair value. Net unrealized gains and losses are recognized through the income statement. The Bank sells its mortgage loans with either servicing released or servicing retained depending upon market pricing. Gains and losses on loan sales are recorded as mortgage banking income, based on the difference between sales proceeds and carrying value. Non-agency loans held for sale are carried at the lower of cost or fair value. Loans that were originated with the intent and ability to hold for the foreseeable future (loans held in portfolio) but which have been subsequently designated as being held for sale for risk management or liquidity needs are carried at the lower of cost or fair value calculated on an individual loan by loan basis. There may be times when loans have been classified as held for sale and for some reason cannot be sold. Loans transferred to a long-term-investment classification from held-for-sale are transferred at the lower of cost or market value on the transfer date. Any difference between the carrying amount of the loan and its outstanding principal balance is recognized as an adjustment to yield by the interest method. A loan cannot be classified as a long-term investment unless the Bank has both the ability and the intent to hold the loan for the foreseeable future or until maturity. Allowance for Loan and Lease Losses. The allowance for loan and lease losses is maintained at a level estimated to provide for probable incurred losses in the loan and lease portfolio. Management determines the adequacy of the allowance based on reviews of individual loans and leases and pools of loans, recent loss experience, current economic conditions, the risk characteristics of the various categories of loans and other pertinent factors. This evaluation is inherently subjective and requires estimates that are susceptible to significant revision as more information becomes available. The allowance is increased by the provision for loan and lease losses, which is charged against current period operating results and recoveries of loans previously charged-off. The allowance is decreased by the amount of charge-offs of loans deemed uncollectible. Allocations of the allowance may be made for specific loans but the entire allowance is available for any loan that, in management’s judgment, should be charged off. See Note 5 of these financial statement footnotes and the financial statement footnotes for the year ended June 30, 2016 included in our Annual Report on Form 10-K for further information. Brand Partnership Products. The Bank has agreements with H&R Block, Inc. (“H&R Block”) and its wholly-owned subsidiaries that allow the Bank to provide H&R Block-branded financial services products and services. The products and services that represent the primary focus and the majority of transactional volume that the Bank processes are described in detail below. The first product is Emerald Prepaid MasterCard® services. The Bank entered into agreements to offer this product in August 2015. Under the agreements, the Bank is responsible for the primary oversight and control of the prepaid card programs of a wholly owned subsidiary of H&R Block. 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. The Bank entered into agreements to offer this product in August 2015. The Bank is responsible for the primary oversight and control of the refund transfer program of a wholly owned subsidiary of H&R Block. 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 quarters ending March 31 st and are included in the income statement under the line banking service fees and other income. The third product is Emerald Advance. The Bank entered into agreements to offer this product in August 2015. Under the agreements the Bank is responsible for the underwriting guidelines and credit policies for unsecured consumer lines of credit offered to H&R Block customers. 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 fourth product is an Individual Retirement Account (“IRA”). The Bank entered into agreements to offer this product in August 2015, but the initial offering of this product through H&R Block offices is planned for the upcoming tax season. The Bank is responsible for the primary oversight and control of the IRA product. During a tax preparation session with an H&R Block tax preparer, the customer is given an option to open a traditional IRA or Roth IRA savings account with the Bank. If the customer elects the option to open an account and meets the Bank’s requirements, an account is opened on the Bank’s core operating system under the Bank’s oversight and control. The customer has the option to deposit funds for the IRA through check or ACH. The Bank provides IRA custodial services, earns a nominal fee paid by the customers for any accounts closures or transfers out, and pays customers interest based on their IRA balance. The fees are included in the income statement under the line banking service fees and other income and interest paid is included under the line deposit interest expense. The fifth product is an interest-free Refund Advance loan. The Bank entered into agreements to offer this product in October 2016. Under the agreements the Bank will perform disbursement and repayment services and provide funding for interest-free Refund Advance loans to H&R Block customers. The Bank, in conjunction with its agreement partners, offers and funds interest-free loans to consumers, secured by the consumer’s tax refund receivable, primarily through the H&R Block tax preparation offices and earns interest income and fee income. The average life of the Refund Advance loan is expected to be ten days. The Bank retains the Refund Advance loans that it funds and will be included in loans and leases on the balance sheet of the Company and the interest income and fee income will be included in the income statement under the line loans and leases interest and dividend income. New Accounting Pronouncements. In April 2015, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (ASU) 2015-03 Interest-Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs. Under the amended guidance, debt issuance costs related to a recognized debt liability are required to be presented as deductions from the carrying amounts of the corresponding debt liabilities, consistent with the presentation of debt discounts and premiums. The amended guidance was adopted for the quarter ended September 30, 2016 and applied retrospectively in accordance with the amended guidance, wherein the balance sheet of each individual period presented has been adjusted to reflect the period-specific effects of applying the amended guidance. The adoption of this guidance did not materially impact our consolidated financial position or consolidated results of operations. 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 should be applied on a modified-retrospective transition approach that would require a cumulative-effect adjustment to the opening retained earnings in the statement of financial condition as of the date of adoption. A prospective transition approach is required for debt securities for which an other-than-temporary impairment had been recognized before the effective date. The guidance will be effective for the Company’s financial statements that include periods beginning July 1, 2020. Early adoption is permitted beginning July 1, 2019. The Company is currently evaluating the impact of this ASU and the Company expects ASU 2016-13 to have a material impact on the Company’s consolidated financial statements.

FAIR VALUE

FAIR VALUE	3 Months Ended
	Sep. 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. Accounting Standards Codification Topic 820, Fair Value Measurement , also establishes a fair value hierarchy which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The standard describes three levels of inputs that may be used to measure fair value: Level 1: Quoted prices in active markets for identical assets or liabilities in active markets that the entity has the ability to access as of the measurement date. Level 1 assets and liabilities include debt and equity securities that are actively traded in an exchange or over-the-counter market and are highly liquid, such as, among other assets and securities, certain U.S. treasury and other U.S. government debt. Level 2: Observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities. Level 2 assets include securities with quoted prices that are traded less frequently than exchange-traded instruments and whose value is determined using a pricing model with inputs that are observable in the market or can be derived principally from or corroborated by observable market data. Level 3: Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. Level 3 assets and liabilities include financial instruments whose value is determined using pricing models such as discounted cash flow methodologies, or similar techniques, as well as instruments for which the determination of fair value requires significant management judgment or estimation. When available, the Company generally uses quoted market prices to determine fair value, in which case the items are classified in Level 1. In some cases where a market price is available, the Company will make use of acceptable practical expedients (such as matrix pricing) to calculate fair value, in which case the items are classified in Level 2. The Company considers relevant and observable market prices in its valuations where possible. The frequency of transactions, the size of the bid-ask spread and the nature of the participants are some of the factors the Company uses to help determine whether a market is active and orderly or inactive and not orderly. Price quotes based upon transactions that are not orderly are not considered to be determinative of fair value and should be given little, if any, weight in measuring fair value. If quoted market prices are not available, fair value is based upon internally developed valuation techniques that use, where possible, current market-based or independently sourced market parameters, such as interest rates, credit spreads, housing value forecasts, etc. Items valued using such internally generated valuation techniques are classified according to the lowest level input or value driver that is significant to the valuation. Thus, an item may be classified in Level 3 even though there may be some significant inputs that are readily observable. The following section describes the valuation methodologies used by the Company to measure various financial instruments at fair value, including an indication of the level in the fair value hierarchy in which each instrument is generally classified: Securities—trading. Trading securities are recorded at fair value. The trading portfolio consists of two different issues of floating-rate debt securities collateralized by pools of bank trust preferred securities. Recent liquidity and economic uncertainty have made the market for collateralized debt obligations less active or inactive. As quoted market prices are not available, the Level 3 fair values for these securities are determined by the Company utilizing industry-standard tools to calculate the net present value of the expected cash flows available to the securities from the underlying assets. The Company’s expected cash flows are calculated for each security and include the impact of actual and forecasted bank defaults within each collateral pool as well as structural features of the security’s tranche such as lock outs, subordination and overcollateralization. The forecast of underlying bank defaults in each pool is based upon a quarterly financial update including the trend in non-performing assets, the allowance for loan and lease losses and the underlying bank’s capital ratios. Also a factor is the Company’s loan and lease loss experience in the local economy in which the bank operates. At September 30, 2016 , the Company’s forecast of cash flows for both securities includes actual and forecasted defaults totaling 16.5% of all banks in the collateral pools, compared to 15.4% of the banks actually in default. The expected cash flows reflect the Company’s best estimate of all pool losses which are then applied to the overcollateralization reserve and the subordinated tranches to determine the cash flows. The Company selects a discount rate margin based upon the spread between U.S. Treasury rates and the market rates for active credit grades for financial companies. The discount margin when added to the U.S. Treasury rate determines the discount rate, reflecting primarily market liquidity and interest rate risk since expected credit loss is included in the cash flows. At September 30, 2016 , the Company used a weighted average discount margin of 475 basis points above U.S. Treasury rates to calculate the net present value of the expected cash flows and the fair value of its trading securities. The Level 3 fair values determined by the Company for its trading securities rely heavily on management’s assumptions as to the future credit performance of the collateral banks, the impact of the global and regional economic activity, the timing of forecasted defaults and the discount rate applied to cash flows. The fair value of the trading securities at September 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 $882 . 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 $1,032 . Securities—available-for-sale and held-to-maturity . Available-for-sale (“AFS”) securities are recorded at fair value and consist of residential mortgage-backed securities (“RMBS”) issued by U.S. agencies, non-agencies, collateralized loan obligations, and municipals. Held-to-maturity (“HTM”) securities are recorded at amortized cost and consist of RMBS issued by U.S. agencies, RMBS issued by non-agencies, and municipals. Fair value for U.S. agency securities is generally based on quoted market prices of similar securities used to form a dealer quote or a pricing matrix. There continues to be significant illiquidity in the market for RMBS issued by non-agencies, impacting the availability and reliability of transparent pricing. As orderly quoted market prices are not available, the Level 3 fair values for these securities are determined by the Company utilizing industry-standard tools to calculate the net present value of the expected cash flows available to the securities from the underlying mortgage assets. The Company computes Level 3 fair values for each non-agency RMBS in the same manner (as described below) whether available-for-sale or held-to-maturity. To determine the performance of the underlying mortgage loan pools, the Company estimates prepayments, defaults, and loss severities based on a number of macroeconomic factors, including housing price changes, unemployment rates, interest rates and borrower attributes such as credit score and loan documentation at the time of origination. For each security, the Company inputs a projection of monthly default rates, loss severity rates and voluntary prepayment rates for the underlying mortgages for the remaining life of each security to determine the expected cash flows. The projections of default rates are derived by the Company from the historic default rate observed in the pool of loans collateralizing the security, increased by and decreased by the forecasted increase or decrease in the national unemployment rate. The projections of loss severity rates are derived by the Company from the historic loss severity rate observed in the pool of loans, increased by (and decreased by) the forecasted decrease or increase in the national home price appreciation (“HPA”) index. The largest factors influencing the Company’s modeling of the monthly default rate are unemployment and HPA, as a strong correlation exists. The national unemployment rate announced prior to the end of the period covered by this report (reported for August 2016) was 4.9% , down from the high of 10.0% in October 2009. Consensus estimates for unemployment are that the rate will continue to decline. Going forward, the Company is projecting lower monthly default rates. The range of loss severity rates applied to each default used in the Company’s projections at September 30, 2016 are from 40.0% up to 68.7% based upon individual bond historical performance. The default rates and the severities are projected for every non-agency RMBS security held by the Company and will vary monthly based upon the actual performance of the security and the macroeconomic factors discussed above. To determine the discount rates used to compute the present value of the expected cash flows for these non-agency RMBS securities, the Company separates the securities by the borrower characteristics in the underlying pool. Specifically, “prime” securities generally have borrowers with higher FICO scores and better documentation of income. “Alt-A” securities generally have borrowers with a lower FICO and less documentation of income. “Pay-option ARMs” are Alt-A securities with borrowers that tend to pay the least amount of principal (or increase their loan balance through negative amortization). The Company calculates separate discount rates for prime, Alt-A and Pay-option ARM non-agency RMBS securities using market-participant assumptions for risk, capital and return on equity. The range of annual default rates used in the Company’s projections at September 30, 2016 are from 1.5% up to 20.9% with prime securities tending toward the lower end of the range and Alt-A and Pay-option ARMs tending toward the higher end of the range. The Company applies its discount rates to the projected monthly cash flows which already reflect the full impact of all forecasted losses using the assumptions described above. When calculating present value of the expected cash flows at September 30, 2016 , the Company computed its discount rates as a spread between 243 and 667 basis points over the interpolated swap curve with prime securities tending toward the lower end of the range and Alt-A and Pay-option ARMs tending toward the higher end of the range. 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 the 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. Loans held for sale at fair value are primarily single-family and multifamily residential loans. The fair value of residential loans held for sale is determined by pricing for comparable assets or by existing forward sales commitment prices with investors. Impaired Loans. Impaired loans are loans which are inadequately protected by the current net worth and paying capacity of the borrowers or the collateral pledged. The accrual of interest income has been discontinued for impaired loans. The impaired loans are characterized by the distinct possibility that the Bank will sustain some loss if the deficiencies are not corrected. The Company assesses loans individually and identifies impairment when the loan is classified as impaired, has been restructured, or management has serious doubts about the future collectibility of principal and interest, even though the loans may currently be performing. The fair value of an impaired loan is determined based on an observable market price or current appraised value of the underlying collateral. The fair value of impaired loans with specific write-offs or allocations of the allowance for loan losses are generally based on recent real estate appraisals or internal valuation analyses consistent with the methodology used in real estate appraisals and include other third-party valuations and analysis of cash flows. These appraisals and analyses are updated at least on an annual basis. The Company primarily obtains real estate appraisals and in the rare cases where an appraisal cannot be obtained, the Company performs an internal valuation analysis. These appraisals and analyses may utilize a single valuation approach or a combination of approaches including comparable sales and income approaches. The sales comparison approach uses at least three recent similar property sales to help determine the fair value of the property being appraised. The income approach is calculated by taking the net operating income generated by the collateral property of the rent collected and dividing it by an assumed capitalization rate. Adjustments are routinely made in the process by the appraisers to account for differences between the comparable sales and income data available. When measuring the fair value of the impaired loan based upon the projected sale of the underlying collateral, the Company subtracts the costs expected to be incurred for the transfer of the underlying collateral, which includes items such as sales commissions, delinquent taxes and insurance premiums. These adjustments to the estimated fair value of non-performing loans may result in increases or decreases to the provision for loan losses recorded in current earnings. Such adjustments are typically significant and result in a Level 3 classification for the inputs for determining fair value. Other Real Estate Owned and Repossessed Vehicles . Non-recurring adjustments to certain commercial and residential real estate properties classified as other real estate owned (“OREO”) are measured at the lower of carrying amount or fair value, less estimated costs to sell. Fair values are generally based on third-party appraisals of the property, resulting in a Level 3 classification. In cases where the carrying amount exceeds the fair value, less costs to sell, an impairment loss is recognized. Mortgage Servicing Rights. The Company initially records all mortgage servicing rights (“MSRs”) at fair value and accounts for MSRs at fair value during the life of the MSR, with changes in fair value recorded through current period earnings. Fair value adjustments encompass market-driven valuation changes as well as modeled amortization involving the run-off of value that occurs due to the passage of time as individual loans are paid by borrowers. Market expectations about loan duration, and correspondingly the expected term of future servicing cash flows, may vary from time to time due to changes in expected prepayment activity, especially when interest rates rise or fall. Market expectations of increased loan prepayment speeds may negatively impact the fair value of the single family MSRs. Fair value is also dependent on the discount rate used in calculating present value, which is imputed from observable market activity and market participants and results in Level 3 classification. Management reviews and adjusts the discount rate on an ongoing basis. An increase in the discount rate would reduce the estimated fair value of the MSRs asset. Mortgage Banking Derivatives. Fair value for mortgage banking derivatives are either based upon prices in active secondary markets for identical securities or based on quoted market prices of similar assets used to form a dealer quote or a pricing matrix. If no such quoted price exists, the fair value of a commitment is determined by quoted prices for a similar commitment or commitments, adjusted for the specific attributes of each commitment. These fair values are then adjusted for items such as fallout and estimated costs to originate the loan. The Company’s valuation methodologies may produce a fair value calculation that may not be indicative of net realizable value or reflective of future fair values. While management believes the Company’s valuation methodologies are appropriate and consistent with or, in some cases, more conservative than other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different estimate of fair value at the relevant reporting date. The following table sets forth the Company’s financial assets and liabilities measured at fair value on a recurring basis at September 30, 2016 and June 30, 2016 . Assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement: September 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 $ — $ — $ 7,695 $ 7,695 Securities—Available-for-Sale: Agency RMBS $ — $ 46,930 $ — $ 46,930 Non-Agency RMBS — — 133,169 133,169 Municipal — 67,032 — 67,032 Other Debt Securities — 197,333 — 197,333 Total—Securities—Available-for-Sale $ — $ 311,295 $ 133,169 $ 444,464 Loans Held for Sale $ — $ 20,611 $ — $ 20,611 Mortgage Servicing Rights $ — $ — $ 4,855 $ 4,855 Other assets – Derivative Instruments $ — $ — $ 2,677 $ 2,677 LIABILITIES: Other liabilities – Derivative Instruments $ — $ — $ 491 $ 491 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 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 The following tables present additional information about assets measured at fair value on a recurring basis and for which the Company has utilized Level 3 inputs to determine fair value: For the Three Months Ended September 30, 2016 (Dollars in thousands) Securities – Trading: Collateralized Debt Obligations Securities – Available-for-Sale: Non-Agency RMBS Mortgage Servicing Rights Derivative Instruments, net Total Opening balance $ 7,584 $ 9,364 $ 3,943 $ 1,318 $ 22,209 Transfers into Level 3 — 124,547 — — 124,547 Total gains or losses for the period: Included in earnings—Sale of mortgage-backed securities — 701 — — 701 Included in earnings—Fair value gain (loss) on trading securities 111 — — — 111 Included in earnings—Mortgage banking income — — (221 ) 868 647 Included in other comprehensive income — 7,533 — — 7,533 Purchases, originations, issues, sales and settlements: Purchases/originations — — 1,133 — 1,133 Sales — (6,399 ) — — (6,399 ) Settlements — (2,457 ) — — (2,457 ) Other-than-temporary impairment — (120 ) — — (120 ) Closing balance $ 7,695 $ 133,169 $ 4,855 $ 2,186 $ 147,905 Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period $ 111 $ 701 $ (221 ) $ 868 $ 1,459 For the Three Months Ended September 30, 2015 (Dollars in thousands) Securities – Trading: Collateralized Debt Obligations Securities – Available-for-Sale: Non-Agency RMBS Mortgage Servicing Rights Derivative Instruments, net Total Opening balance $ 7,832 $ 26,633 $ 2,098 $ 2,261 $ 38,824 Transfers into Level 3 — — — — — Total gains or losses for the period: Included in earnings—Sale of mortgage-backed securities — — — — — Included in earnings—Fair value gain on trading securities 70 — — — 70 Included in earnings—Mortgage banking income — — (145 ) (1,243 ) (1,388 ) Included in other comprehensive income — (246 ) — — (246 ) Purchases, originations, issues, sales and settlements: Purchases/originations — — 734 — 734 Sales — — — — — Settlements — (1,359 ) — — (1,359 ) Other-than-temporary impairment — (35 ) — — (35 ) Closing balance $ 7,902 $ 24,993 $ 2,687 $ 1,018 $ 36,600 Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period $ 70 $ — $ (145 ) $ (1,243 ) $ (1,318 ) The table below summarizes the quantitative information about level 3 fair value measurements at the periods indicated: September 30, 2016 (Dollars in thousands) Fair Value Valuation Technique Unobservable Input Range (Weighted Average) Securities – Trading: Collateralized Debt Obligations $ 7,695 Discounted Cash Flow Total Projected Defaults, Discount Rate over Treasury 11.7 to 21.0% (16.2%) 4.75 to 4.75% (4.75%) Securities – Available-for-Sale: Non-agency RMBS $ 133,169 Discounted Cash Flow Projected Constant Prepayment Rate, 2.5 to 27.6% (13.4%) 1.5 to 20.9% (6.1%) Mortgage Servicing Rights $ 4,855 Discounted Cash Flow Projected Constant Prepayment Rate, 8.9 to 26.8% (11.3%) 2.3 to 7.0 (6.0) Derivative Instruments, net $ 2,186 Sales Comparison Approach Projected Sales Profit of Underlying Loans 0.4 to 0.7% (0.6%) June 30, 2016 (Dollars in thousands) Fair Value Valuation Technique Unobservable Input Range (Weighted Average) Securities – Trading: $ 7,584 Discounted Cash Flow Total Projected Defaults, 11.7 to 21.0% (16.5%) Securities – Available-for-Sale: $ 9,364 Discounted Cash Flow Projected Constant Prepayment Rate, 9.1 to 20.6% (14.2%) 1.5 to 13.6% (6.1%) Mortgage Servicing Rights $ 3,943 Discounted Cash Flow Projected Constant Prepayment Rate, 7.8 to 21.8% (10.6%) 3.5 to 7.1 (6.2) Derivative Instruments, net $ 1,318 Sales Comparison Approach Projected Sales Profit of Underlying Loans 0.3 to 0.6% (0.4%) The significant unobservable inputs used in the fair value measurement of the Company’s residential mortgage-backed securities are prepayment rates, probability of default, and loss severity in the event of default. Significant increases (decreases) in any of those inputs in isolation would result in a significantly lower (higher) fair value measurement. Generally, a change in the assumption used for the probability of default is accompanied by a directionally similar change in the assumption used for the loss severity and a directionally opposite change in the assumption used for prepayment rates. The table below summarizes changes in unrealized gains and losses and interest income recorded in earnings for level 3 trading assets and liabilities that are still held at the periods indicated: For the Three Months Ended September 30, (Dollars in thousands) 2016 2015 Interest income on investments $ 73 $ 58 Fair value adjustment 111 70 Total $ 184 $ 128 The table below summarizes assets measured for impairment on a non-recurring basis: September 30, 2016 (Dollars in thousands) Quoted Prices in Significant Other Significant Balance Impaired Loans: Single family real estate secured: Mortgage $ — $ — $ 35,359 $ 35,359 Home equity — — 32 32 Multifamily real estate secured — — 5,733 5,733 Commercial real estate secured — — 232 232 Auto and RV secured — — 308 308 Other — — 575 575 Total $ — $ — $ 42,239 $ 42,239 Other real estate owned and foreclosed assets: Single family real estate $ — $ — $ 1,231 $ 1,231 Multifamily real estate — — 99 99 Autos and RVs — — 40 40 Total $ — $ — $ 1,370 $ 1,370 June 30, 2016 (Dollars in thousands) Quoted Prices in Significant Other Significant 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 RMBS $ — $ — $ 79,164 $ 79,164 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 $42,239 , after charge-offs of $96 for the three months ended September 30, 2016 , and life to date charge-offs of $5,009 . Impaired loans had a related allowance of $1,244 at September 30, 2016 . Other real estate owned and foreclosed assets, which are measured at the lower of carrying value or fair value less costs to sell, had a net carrying amount of $1,370 after charge-offs of $113 for the three months ended September 30, 2016 . Held-to-maturity securities measured for impairment on a non-recurring basis had no fair value and no carrying amount at September 30, 2016 , with no net impairment charges to income and no changes to other comprehensive income during the three months ended September 30, 2016 . The Company recognized net impairment charges to income of $83 and an increase in other comprehensive increase of $2,531 for the three months ended September 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. None of these loans are 90 days or more past due nor on nonaccrual as of September 30, 2016 and June 30, 2016 . As of September 30, 2016 and June 30, 2016 , the aggregate fair value, contractual balance (including accrued interest), and unrealized gain was as follows: (Dollars in thousands) September 30, 2016 June 30, 2016 Aggregate fair value $ 20,611 $ 20,871 Contractual balance 19,887 20,226 Unrealized gain $ 724 $ 645 The total amount of unrealized gains and losses from changes in fair value included in earnings for the period indicated below for loans held for sale were: For the Three Months Ended September 30, (Dollars in thousands) 2016 2015 Interest income $ 137 $ 272 Change in fair value (946 ) (1,006 ) Total $ (809 ) $ (734 ) 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: September 30, 2016 (Dollars in thousands) Fair Value Valuation Technique(s) Unobservable Input Range (Weighted Average) 1 Impaired loans: Single family real estate secured: Mortgage $ 35,359 Sales comparison approach Adjustment for differences between the comparable sales -47.7 to 32.8% (-1.9%) Home equity $ 32 Sales comparison approach Adjustment for differences between the comparable sales -7.8 to 7.2% (-0.3%) Multifamily real estate secured $ 5,733 Sales comparison approach, income approach, Discounted cash flows Adjustment for differences between the comparable sales and adjustments for differences in net operating income expectations -46.2 to 28.0% (-7.6%) Commercial real estate secured $ 232 Sales comparison approach and income approach Adjustment for differences between the comparable sales and adjustments for differences in net operating income expectations 0.0 to 23.6% (11.8%) Auto and RV secured $ 308 Sales comparison approach Adjustment for differences between the comparable sales -39.9 to 36.2% (-6.6%) Other $ 575 Discounted cash flow Projected Constant Prepayment Rate, Projected Constant Default Rate, Projected Loss Severity, Discount Rate 0.0 to 0.0% (0.0%) Other real estate owned and foreclosed assets: Single family real estate $ 1,231 Sales comparison approach Adjustment for differences between the comparable sales -16.5 to 6.9% (-4.8%) Multifamily real estate $ 99 Sales comparison approach and income approach Adjustment for differences between the comparable sales and adjustments for differences in net operating income expectations, Capitalization rate -16.7 to 29.2% (6.3%) Autos and RVs $ 40 Sales comparison approach Adjustment for differences between the comparable sales -6.4 to 13.9% (3.3%) _______________________ 1 For impaired loans, other real estate owned and foreclosed assets 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, 2016 (Dollars in thousands) Fair Value Valuation Technique(s) 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, 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 RMBS $ 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, other real estate owned and foreclosed assets 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 amounts and estimated fair values of financial instruments at September 30, 2016 and June 30, 2016 were as follows: September 30, 2016 Fair Value (Dollars in thousands) Carrying Level 1 Level 2 Level 3 Total Fair Value Financial assets: Cash and cash equivalents $ 599,054 $ 599,054 $ — $ — $ 599,054 Securities trading 7,695 — — 7,695 7,695 Securities available-for-sale 444,464 — 311,295 133,169 444,464 Loans held for sale, at fair value 20,611 — 20,611 — 20,611 Loans held for sale, at lower of cost or fair value 30,761 — — 31,247 31,247 Loans and leas

SECURITIES

SECURITIES	3 Months Ended
	Sep. 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 at September 30, 2016 and June 30, 2016 were: September 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 $ — $ 46,059 $ 936 $ (65 ) $ 46,930 $ — $ — $ — $ — Non-agency 2 — 126,563 10,351 (3,745 ) 133,169 — — — — Total mortgage-backed securities — 172,622 11,287 (3,810 ) 180,099 — — — — Other debt securities: Municipal — 61,559 5,535 (62 ) 67,032 — — — — Non-agency 7,695 195,443 2,010 (120 ) 197,333 — — — — Total other debt securities 7,695 257,002 7,545 (182 ) 264,365 — — — — Total debt securities $ 7,695 $ 429,624 $ 18,832 $ (3,992 ) $ 444,464 $ — $ — $ — $ — 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: 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 __________________________________ 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. During the quarter ended September 30, 2016, the Company elected to reclassify all of its HTM securities to AFS. While the Company has the ability to hold those transferred securities to maturity and as of September 30, 2016 does not intend to sell the securities, the Company concluded that there are now sufficient uncertainties associated with i) future fiscal and monetary policy resulting from domestic and international political changes, ii) future interpretations and applications of new accounting principles and regulatory guidance; iii) the pace of future market interest rate increases given that market interest rates remain at historical lows, all of which could, depending upon the outcomes, change the Company’s intent to hold its securities. Under Accounting Standards Codification 320-10 Investments—Debt Securities, there are very limited exceptions that allow an entity to reclassify or sell one or more securities from HTM and still use the HTM classification for any remaining securities. The Company concluded that such exceptions may not apply to all results and elected to reclassify all HTM securities to AFS understanding that such reclassification will immediately eliminate the Company’s ability to use the HTM classification for its securities portfolio for a period of time not to be less than one year . The Company will perform periodic assessments in the future to determine whether the above referenced uncertainties have been resolved and that management has the positive intent and ability to hold securities until maturity. The net carrying amount of the securities reclassified in September 2016 from HTM to AFS was $194,153 and the fair value of AFS securities at September 30, 2016 is reflected in the Unaudited Condensed Consolidated Balance Sheets. The reclassification resulted in an unrealized gain recognized through other comprehensive income of $3,618 in the Unaudited Condensed Consolidated Statements of Comprehensive Income. The Company’s non-agency RMBS available-for-sale portfolio with a total fair value of $133,169 at September 30, 2016 consists of seventy-three different issues of super senior securities with a fair value of $130,490 , two mezzanine z-tranche securities, negative-amortizing support tranches, with a fair value of $36 collateralized by seasoned prime and Alt-A first-lien mortgages and one senior support security that it acquired at a significant discount that evidenced credit deterioration at acquisition, with a fair value of $2,643 . 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. Debt securities with evidence of credit quality deterioration since issuance and for which it is probable at purchase that the Company will be unable to collect all of the par value of the security are accounted for under ASC Topic 310-30, Loans and Debt Securities Acquired with Deteriorated Credit Quality (“ASC Topic 310-30”). Under ASC Topic 310-30, the excess of cash flows expected at acquisition over the purchase price is referred to as the accretable yield and is recognized in interest income over the remaining life of the security. The Company has one senior support security that it acquired at a significant discount that evidenced credit deterioration at acquisition and is accounted for under ASC Topic 310-30. For a cost of $17,740 the Company acquired the senior support security with a contractual par value of $30,560 and accretable and non-accretable discounts that were projected to be $9,015 and $3,805 , respectively. Since acquisition, repayments from the security have been received more rapidly than projected at acquisition, but expected total payments have declined, resulting in a determination that the security was other-than-temporarily impaired. The security had no other-than temporary loss for three months ended September 30, 2016 and no charge was recorded for the fiscal 2016 year. At September 30, 2016 the security had a remaining contractual par value of zero dollars and amortizable and non-amortizable premium are currently projected to be zero dollars and $2,472 , respectively. The current face amounts of debt securities available-for-sale and held-to-maturity that were pledged to secure borrowings at September 30, 2016 and June 30, 2016 were $24,310 and $39,961 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: September 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 $ 19,458 $ (50 ) $ 2,463 $ (15 ) $ 21,921 $ (65 ) $ — $ — $ — $ — $ — $ — Non-agency 3,535 (21 ) 31,123 (3,724 ) 34,658 (3,745 ) — — — — — — Total RMBS securities 22,993 (71 ) 33,586 (3,739 ) 56,579 (3,810 ) — — — — — — Other Debt: Municipal Debt 13,508 (62 ) — — 13,508 (62 ) — — — — — — Non-agency 16,201 (77 ) 14,718 (43 ) 30,919 (120 ) — — — — — — Total Other Debt 29,709 (139 ) 14,718 (43 ) 44,427 (182 ) — — — — — — Total debt securities $ 52,702 $ (210 ) $ 48,304 $ (3,782 ) $ 101,006 $ (3,992 ) $ — $ — $ — $ — $ — $ — 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: 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 ) There were 19 securities that were in a continuous loss position at September 30, 2016 for a period of more than 12 months . There were 26 securities that were in a continuous loss position at June 30, 2016 for a period of more than 12 months . The following table summarizes amounts of credit loss recognized in the income statement through other-than-temporary impairment charges which reduced non-interest income: For the Three Months Ended September 30, (Dollars in thousands) 2016 2015 Beginning balance $ (20,865 ) $ (20,503 ) Additions for the amounts related to credit loss for which an other-than-temporary impairment was not previously recognized — (95 ) Increases to the amount related to the credit loss for which other-than-temporary impairment was previously recognized (120 ) (23 ) Credit losses realized for securities sold 374 — Ending balance $ (20,611 ) $ (20,621 ) At September 30, 2016 , non-agency RMBS with a total carrying amount of $90,427 were determined to have cumulative credit losses of $20,611 of which $120 was recognized in earnings during the three months ended September 30, 2016 . This quarter’s other-than-temporary impairment of $120 is related to two non-agency RMBS with a total carrying amount of $3,959 . The Company measures its non-agency RMBS in an unrecognized loss position at the end of the reporting period for other-than-temporary impairment by comparing the present value of the cash flows currently expected to be collected from the security with its amortized cost basis. If the calculated present value is lower than the amortized cost, the difference is the credit component of an other-than-temporary impairment of its debt securities. The excess of present value over the fair value of the security (if any) is the non-credit component only if the Company does not intend to sell the security and will not be required to sell the security before recovery of its amortized cost basis. The credit component of the other-than-temporary impairment is recorded as a loss in earnings and the non-credit component as a charge to other comprehensive income, net of the related income tax benefit. To determine the cash flow expected to be collected and to calculate the present value for purposes of testing for other-than-temporary impairment, the Company utilizes the same industry-standard tool and the same cash flows as those calculated for Level 3 fair values as discussed in Note 3 – Fair Value. The discount rates used to compute the present value of the expected cash flows for purposes of testing for the credit component of the other-than-temporary impairment are either the implicit rate calculated in each of the Company’s securities at acquisition or the last accounting yield. The Company calculates the implicit rate at acquisition based on the contractual terms of the security, considering scheduled payments (and minimum payments in the case of pay-option ARMs) without prepayment assumptions. Once the discount rate (or discount margin in the case of floating rate securities) is calculated as described above, the discount is used in the industry-standard model to calculate the present value of the cash flows. The gross gains and losses realized through earnings upon the sale of available-for-sale securities for the three months ended September 30, 2016 were as follows: For the Three Months Ended September 30, (Dollars in thousands) 2016 2015 Proceeds $ 25,675 $ — Gross realized gains 990 — Net realized gain on securities $ 990 $ — The Company had recorded unrealized gains and unrealized losses in accumulated other comprehensive loss as follows: (Dollars in thousands) September 30, June 30, Available-for-sale debt securities—net unrealized gains $ 14,840 $ 2,288 Available-for-sale debt securities—non-credit related losses (13,104 ) (138 ) Held-to-maturity debt securities—non-credit related losses — (14,129 ) Subtotal 1,736 (11,979 ) Tax (expense) benefit (1,135 ) 4,675 Net unrealized gain (loss) on investment securities in accumulated other comprehensive income (loss) $ 601 $ (7,304 ) The expected maturity distribution including repayments of the Company’s mortgage-backed securities and other debt securities classified as trading, available-for-sale and held-to-maturity at September 30, 2016 were: September 30, 2016 Trading Available for sale Held-to-maturity (Dollars in thousands) Fair Value Amortized Cost Fair Value Carrying Amount Fair Value RMBS—U.S. agencies: Due within one year $ — $ 2,556 $ 2,617 $ — $ — Due one to five years — 9,042 9,276 — — Due five to ten years — 9,118 9,377 — — Due after ten years — 25,343 25,660 — — Total RMBS—U.S. agencies — 46,059 46,930 — — RMBS—Non-agency: Due within one year — 18,117 19,101 — — Due one to five years — 49,854 52,779 — — Due five to ten years — 33,967 35,794 — — Due after ten years — 24,625 25,495 — — Total RMBS—Non-agency — 126,563 133,169 — — Other debt: Due within one year — 92,438 92,972 — — Due one to five years — 103,527 104,673 — — Due five to ten years — 6,832 6,954 — — Due after ten years 7,695 54,205 59,766 — — Total other debt 7,695 257,002 264,365 — — Total $ 7,695 $ 429,624 $ 444,464 $ — $ —

LOANS, LEASES & ALLOWANCE FOR L

LOANS, LEASES & ALLOWANCE FOR LOANS AND LEASE LOSSES	3 Months Ended
	Sep. 30, 2016
Receivables [Abstract]
LOANS, LEASES & ALLOWANCE FOR LOANS AND LEASE LOSSES	LOANS, LEASES & ALLOWANCE FOR LOAN AND LEASE LOSSES The following table sets forth the composition of the loan and lease portfolio as of the dates indicated: (Dollars in thousands) September 30, 2016 June 30, 2016 Single family real estate secured: Mortgage $ 3,723,490 $ 3,678,520 Home equity 2,223 2,470 Warehouse and other 1 574,455 537,714 Multifamily real estate secured 1,402,485 1,373,216 Commercial real estate secured 136,482 121,746 Auto and RV secured 93,763 73,676 Factoring 120,502 98,275 Commercial & Industrial 551,180 514,300 Other 1,167 2,542 Total gross loans and leases 6,605,747 6,402,459 Allowance for loan and lease losses (37,596 ) (35,826 ) Unaccreted discounts and loan and lease fees (18,409 ) (11,954 ) Total net loans and leases $ 6,549,742 $ 6,354,679 1. The balance of single family warehouse loans was $223,549 at September 30, 2016 and $173,148 at June 30, 2016 . The remainder of the balance is attributable to single family lender finance loans. Allowance for Loan and Lease Losses. We are committed to maintaining the allowance for loan and lease losses (sometimes referred to as the “allowance”) at a level that is considered to be commensurate with estimated probable incurred credit losses in the portfolio. Although the adequacy of the allowance is reviewed quarterly, management performs an ongoing assessment of the risks inherent in the portfolio. While the Company believes that the allowance for loan and lease losses is adequate at September 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 Loan and Lease Loss Disclosures. The assessment of the adequacy of the Company’s allowance for loan and lease losses is based upon a number of quantitative and qualitative factors, including levels and trends of past due and nonaccrual loans and leases, change in volume and mix of loans and leases, collateral values and charge-off history. The Company provides general loan loss reserves for its automobile (“auto”) and recreational vehicle (“RV”) loans based upon the borrower credit score and the Company’s loss experience to date. The allowance for loan loss for the auto and RV loan portfolio at September 30, 2016 was determined by classifying each outstanding loan according to semi-annually refreshed FICO score and providing loss rates. The Company had $93,455 of auto and RV loan balances subject to general reserves as follows: FICO greater than or equal to 770: $35,960 ; 715 – 769: $33,871 ; 700 – 714: $10,182 ; 660 – 699: $11,392 and less than 660: $2,050 . The Company provides general loan loss reserves for mortgage loans based upon the size and class of the mortgage loan and the loan-to-value ratio (“LTV”) at date of origination. The Company divides the LTV analysis into two classes, separating the purchased loans from the loans underwritten directly by the Company. Based on historical performance, the Company concluded that originated loans require lower estimated loss rates than purchased loans. The allowance for each class is determined by dividing the outstanding unpaid balance for each loan by the loan-to-value and applying a loss rate. The LTV groupings for each significant mortgage class are as follows: The Company had $3,688,131 of single family mortgage portfolio loan balances subject to general reserves as follows: LTV less than or equal to 60%: $1,951,822 ; 61% – 70%: $1,367,172 ; 71% – 80%: $368,936 ; and greater than 80%: $201 . The Company had $1,396,752 of multifamily mortgage portfolio loan balances subject to general reserves as follows: LTV less than or equal to 55%: $648,896 ; 56% – 65%: $451,631 ; 66% – 75%: $283,732 ; 76% – 80%: $12,493 and greater than 80%: $0 . The Company had $136,250 of commercial real estate loan balances subject to general reserves as follows: LTV less than or equal to 50%: $61,636 ; 51% – 60%: $30,181 ; 61% – 70%: $38,677 ; and 71% – 80%: $5,756 . 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 portfolio classes for the periods indicated: For the Three Months Ended September 30, 2016 Single Family Real Estate Secured (Dollars in thousands) Mortgage Home Equity Warehouse & Other Multifamily Real Estate Secured Commercial Real Estate Secured Auto and RV Secured Factoring Commercial & Industrial Other/Consumer Total Balance at July 1, 2016 $ 18,666 $ 23 $ 2,685 $ 3,938 $ 882 $ 1,615 $ 245 $ 7,630 $ 142 $ 35,826 Provision for loan and lease loss 799 (5 ) (131 ) (16 ) 58 326 49 781 39 1,900 Charge-offs (27 ) — — — (23 ) (73 ) — — (102 ) (225 ) Recoveries 45 4 — — — 46 — — — 95 Balance at September 30, 2016 $ 19,483 $ 22 $ 2,554 $ 3,922 $ 917 $ 1,914 $ 294 $ 8,411 $ 79 $ 37,596 For the Three Months Ended September 30, 2015 Single Family Real Estate Secured (Dollars in thousands) Mortgage Home Equity Warehouse & Other Multifamily Real Estate Secured Commercial Real Estate Secured Auto and RV Secured Factoring Commercial & Industrial Other/Consumer Total Balance at July 1, 2015 $ 13,664 $ 122 $ 1,879 $ 4,363 $ 1,103 $ 953 $ 292 $ 5,882 $ 69 $ 28,327 Provision for loan and lease loss 2,507 (36 ) 178 (183 ) (454 ) 497 50 (219 ) 60 2,400 Charge-offs (16 ) (1 ) — — — (150 ) — — — (167 ) Recoveries 158 9 — — 312 39 — — — 518 Balance at September 30, 2015 $ 16,313 $ 94 $ 2,057 $ 4,180 $ 961 $ 1,339 $ 342 $ 5,663 $ 129 $ 31,078 The following tables present our loans and leases evaluated individually for impairment by class: September 30, 2016 (Dollars in thousands) Unpaid Principal Balance Principal Balance Adjustment Unpaid Book Balance Accrued Interest / Origination Fees Recorded Investment Related Allowance With no related allowance recorded: Single Family Real Estate Secured: Mortgage: In-house originated $ 8,989 $ 753 $ 8,236 $ 799 $ 9,035 $ — Purchased 5,609 2,106 3,503 123 3,626 — Multifamily Real Estate Secured: Purchased 2,507 1,136 1,371 — 1,371 — Commercial Real Estate Secured: Purchased 630 398 232 81 313 — Auto and RV Secured: In-house originated 870 616 254 12 266 — With an allowance recorded: Single Family Real Estate Secured: Mortgage: In-house originated 21,801 — 21,801 12 21,813 1,125 Purchased 1,819 — 1,819 5 1,824 40 Home Equity: In-house originated 32 — 32 — 32 1 Multifamily Real Estate Secured: In-house originated 4,362 — 4,362 38 4,400 20 Auto and RV Secured: In-house originated 54 — 54 4 58 2 Other 575 — 575 — 575 56 Total $ 47,248 $ 5,009 $ 42,239 $ 1,074 $ 43,313 $ 1,244 As a % of total gross loans and leases 0.72 % 0.08 % 0.64 % 0.02 % 0.66 % 0.02 % June 30, 2016 (Dollars in thousands) Unpaid Principal Balance Principal Balance Adjustment Unpaid Book Balance Accrued Interest / Origination Fees Recorded Investment Related Allowance With no related allowance recorded: Single Family Real Estate Secured: Mortgage: In-house originated $ 8,989 $ 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 % 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: September 30, 2016 Single Family Real Estate Secured (Dollars in thousands) Mortgage Home Warehouse and other Multifamily Real Estate Secured Commercial Real Estate Secured Auto and RV Secured Factoring Commercial & Industrial Other Total Allowance for loan and lease losses: Ending allowance balance attributable to loans and leases: Individually evaluated for impairment $ 1,165 $ 1 $ — $ 20 $ — $ 2 $ — $ — $ 56 $ 1,244 Collectively evaluated for impairment 18,318 21 2,554 3,902 917 1,912 294 8,411 23 36,352 Total ending allowance balance $ 19,483 $ 22 $ 2,554 $ 3,922 $ 917 $ 1,914 $ 294 $ 8,411 $ 79 $ 37,596 Loans and leases: Loans and leases individually evaluated for impairment 1 $ 35,359 $ 32 $ — $ 5,733 $ 232 $ 308 $ — $ — $ 575 $ 42,239 Loans and leases collectively evaluated for impairment 3,688,131 2,191 574,455 1,396,752 136,250 93,455 120,502 551,180 592 6,563,508 Principal loan and lease balance 3,723,490 2,223 574,455 1,402,485 136,482 93,763 120,502 551,180 1,167 6,605,747 Unaccreted discounts and loan and lease fees 12,520 27 (1,948 ) 4,311 692 1,232 (36,991 ) 1,761 (13 ) (18,409 ) Accrued interest receivable 8,415 1 2,078 4,273 339 192 258 2,035 — 17,591 Total recorded investment in loans and leases $ 3,744,425 $ 2,251 $ 574,585 $ 1,411,069 $ 137,513 $ 95,187 $ 83,769 $ 554,976 $ 1,154 $ 6,604,929 ________________ 1. Loans and leases evaluated for impairment include Troubled Debt Restructurings (“TDRs”) that have been performing for more than six months . June 30, 2016 Single Family Real Estate Secured (Dollars in thousands) Mortgage Home Warehouse and other Multifamily Real Estate Secured Commercial Real Estate Auto and RV Secured Factoring Commercial & Industrial Other Total Allowance for loan and lease losses: Ending allowance balance attributable to loans and leases: Individually evaluated for impairment $ 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 . Credit Quality Disclosures. Non-performing loans and leases consisted of the following as of the dates indicated: (Dollars in thousands) September 30, June 30, Single Family Real Estate Secured: Mortgage: In-house originated $ 30,037 $ 22,958 Purchased 5,114 5,442 Home Equity: In-house originated 32 33 Multifamily Real Estate Secured: In-house originated 4,362 791 Purchased 1,371 1,427 Commercial Real Estate Secured: Purchased 232 254 Total non-performing loans secured by real estate 41,148 30,905 Auto and RV Secured 308 278 Consumer and Other 575 676 Total non-performing loans and leases $ 42,031 $ 31,859 Non-performing loans and leases to total loans and leases 0.64 % 0.50 % The Company has no loans and leases over 90 days delinquent that are still accruing interest at September 30, 2016 . Approximately 83.63% of the Company’s non-performing loans and leases are single family first mortgages already written down to 52.84% in aggregate, of the original appraisal value of the underlying properties. The following tables present the outstanding unpaid balance of loans and leases that are performing and non-performing by portfolio class: September 30, 2016 Single Family Real Estate Secured (Dollars in thousands) Mortgage Home Warehouse & other Multifamily Real Estate Secured Commercial Real Estate Secured Auto and RV Secured Factoring Commercial & Industrial Other Total Performing $ 3,688,339 $ 2,191 $ 574,455 $ 1,396,752 $ 136,250 $ 93,455 $ 120,502 $ 551,180 $ 592 $ 6,563,716 Non-performing 35,151 32 — 5,733 232 308 — — 575 42,031 Total $ 3,723,490 $ 2,223 $ 574,455 $ 1,402,485 $ 136,482 $ 93,763 $ 120,502 $ 551,180 $ 1,167 $ 6,605,747 June 30, 2016 Single Family Real Estate Secured (Dollars in thousands) Mortgage Home Warehouse & other Multifamily Real Estate Secured Commercial Real Estate Secured Auto and RV Secured Factoring Commercial & Industrial Other Total Performing $ 3,650,120 $ 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 The Company divides loan balances when determining general loan loss reserves between purchases and originations as follows: September 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 $ 3,623,713 $ 64,626 $ 3,688,339 $ 1,303,347 $ 93,405 $ 1,396,752 $ 124,197 $ 12,053 $ 136,250 Non-performing 30,037 5,114 35,151 4,362 1,371 5,733 — 232 232 Total $ 3,653,750 $ 69,740 $ 3,723,490 $ 1,307,709 $ 94,776 $ 1,402,485 $ 124,197 $ 12,285 $ 136,482 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 From time to time the Company modifies loan terms temporarily for borrowers who are experiencing financial stress. These loans are performing and accruing and will generally return to the original loan terms after the modification term expires. Approximately 8.02% of our non-performing loans and leases at September 30, 2016 were considered TDRs, compared to 9.63% at June 30, 2016 . Borrowers that make timely payments after TDRs are considered non-performing for at least six months . Generally, after six months of timely payments, those TDRs are reclassified from the non-performing loan and lease category to the performing loan and lease category and any previously deferred interest income is recognized. The Company classifies these loans as performing loans temporarily modified as TDR and are included in impaired loans and leases as follows: September 30, 2016 Single Family Real Estate Secured (Dollars in thousands) Mortgage Home Warehouse & other Multifamily Real Estate Secured Commercial Real Estate Secured Auto and RV Secured Factoring Commercial & Industrial Other Total Performing loans temporarily modified as TDR $ 208 $ — $ — $ — $ — $ — $ — $ — $ — $ 208 Non-performing loans and leases 35,151 32 — 5,733 232 308 — — 575 42,031 Total impaired loans and leases $ 35,359 $ 32 $ — $ 5,733 $ 232 $ 308 $ — $ — $ 575 $ 42,239 June 30, 2016 Single Family Real Estate Secured (Dollars in thousands) Mortgage Home Warehouse & other Multifamily Real Estate Secured Commercial Real Estate Secured Auto and RV Secured Factoring Commercial & Industrial Other Total Performing loans temporarily modified as TDR $ 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 The Company recognizes interest on performing loans temporarily modified as TDR, which is shown in conjunction with average balances as follows: For the Three Months Ended September 30, 2016 Single Family Real Estate Secured (Dollars in thousands) Mortgage Home Warehouse & other Multifamily Real Estate Secured Commercial Real Estate Secured Auto and RV Secured Factoring Commercial & Industrial Other Total Interest income recognized on performing TDRs $ 3 $ — $ — $ — $ — $ — $ — $ — $ — $ 3 Average balances of performing TDRs $ 209 $ — $ — $ — $ — $ — $ — $ — $ — $ 209 Average balances of impaired loans $ 31,985 $ 33 $ — $ 3,976 $ 243 $ 293 $ — $ — $ 626 $ 37,156 For the Three Months Ended September 30, 2015 Single Family Real Estate Secured (Dollars in thousands) Mortgage Home Warehouse & other Multifamily Real Estate Secured Commercial Real Estate Secured Auto and RV Secured Factoring Commercial & Industrial Other Total Interest income recognized on performing TDRs $ 2 $ — $ — $ — $ — $ — $ — $ — $ — $ 2 Average balances of performing TDRs $ 216 $ — $ — $ — $ — $ — $ — $ — $ — $ 216 Average balances of impaired loans $ 23,140 $ 9 $ — $ 5,341 $ 1,923 $ 398 $ — $ — $ — $ 30,811 The Company’s loan modifications primarily included single family, multifamily and commercial loans of which included one or a combination of the following: a reduction of the stated interest rate or delinquent property taxes that were paid by the Bank and either repaid by the borrower over a one year period or capitalized and amortized over the remaining life of the loan. The Company’s loan modifications also included RV loans in which borrowers were able to make interest-only payments for a period of six months to one year which then reverted back to fully amortizing. Credit Quality Indicators The Company categorizes loans and leases into risk categories based on relevant information about the ability of borrowers to service their debt such as: current financial information, historical payment experience, credit documentation, public information and current economic trends, among other factors. The Company analyzes loans and leases individually by classifying the loans and leases based on credit risk. The Company uses the following definitions for risk ratings. Pass. Loans and leases classified as pass are well protected by the current net worth and paying capacity of the obligor or by the fair value, less cost to acquire and sell, of any underlying collateral in a timely manner. Special Mention . Loans and leases classified as special mention have a potential weakness that deserves management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the loan or lease or of the institution’s credit position at some future date. Substandard . Loans and leases classified as substandard are inadequately protected by the current net worth and paying capacity of the obligor or of the collateral pledged, if any. Loans and leases so classified have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that the institution will sustain some loss if the deficiencies are not corrected. Doubtful . Loans and leases classified as doubtful have all the weaknesses inherent in those classified as substandard, with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions, and values, highly questionable and improbable. The Company reviews and grades loans and leases following a continuous review process, featuring coverage of all loan and lease types and business lines at least quarterly. Continuous reviewing provides more effective risk monitoring because it immediately tests for potential impacts caused by changes in personnel, policy, products or underwriting standards. The following table presents the composition of the Company’s loan and lease portfolio by credit quality indicators: September 30, 2016 (Dollars in thousands) Pass Special Substandard Doubtful Total Single Family Real Estate Secured: Mortgage: In-house originated $ 3,613,267 $ 8,668 $ 31,435 $ 380 $ 3,653,750 Purchased 64,069 252 5,419 — 69,740 Home Equity: In-house originated 2,174 17 32 — 2,223 Warehouse and other: In-house originated 573,394 1,061 — — 574,455 Multifamily Real Estate Secured: In-house originated 1,298,921 1,736 7,052 — 1,307,709 Purchased 92,358 — 2,418 — 94,776 Commercial Real Estate Secured: In-house originated 124,197 — — — 124,197 Purchased 10,052 2,001 232 — 12,285 Auto and RV Secured: In-house originated 93,359 95 309 — 93,763 Factoring 120,502 — — — 120,502 Commercial & Industrial 550,866 314 — — 551,180 Other 563 29 575 — 1,167 Total $ 6,543,722 $ 14,173 $ 47,472 $ 380 $ 6,605,747 As a % of total gross loans and leases 99.1 % 0.2 % 0.7 % — % 100.0 % June 30, 2016 (Dollars in thousands) Pass Special 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 a % of total gross loans and leases 99.0 % 0.4 % 0.6 % — % 100.0 % The Company considers the performance of the loan and lease portfolio and its impact on the allowance for loan and lease losses. The Company also evaluates credit quality based on the aging status of its loans and leases. The following table provides the outstanding unpaid balance of loans and leases that are past due 30 days or more by portfolio class as of the period indicated: September 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 $ 6,292 $ 3,689 $ 24,257 $ 34,238 Purchased 1,007 64 2,376 3,447 Home equity: In-house originated — 16 29 45 Multifamily real estate secured: In-house originated 3,009 — 1,353 4,362 Commercial real estate secured: Purchased — — 232 232 Auto and RV secured 375 95 104 574 Other 29 29 575 633 Total $ 10,712 $ 3,893 $ 28,926 $ 43,531 As a % of total gross loans and leases 0.16 % 0.06 % 0.44 % 0.66 % 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 and industrial 142 — — 142 Other 62 151 676 889 Total $ 9,762 $ 2,170 $ 26,114 $ 38,046 As a % of total gross loans and leases 0.15 % 0.03 % 0.41 % 0.59 %

SUBORDINATED NOTES AND DEBENTUR

SUBORDINATED NOTES AND DEBENTURES	3 Months Ended
	Sep. 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. 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 subordinated debentures (the “Debentures”) of the Company with a stated maturity date of February 23, 2035 . The Debentures are the sole assets of the trust. The trust preferred securities are mandatorily redeemable upon maturity, or upon earlier redemption as provided in the indenture. The Company has the right to redeem the Debentures in whole, but not in part, on or after specific dates, at a redemption price specified in the indenture plus any accrued but unpaid interest through the redemption date. Interest accrues at the rate of 3 months LIBOR plus 2.4% for a rate of 3.22% as of September 30, 2016 , with interest paid quarterly starting February 16, 2005 .

EQUITY AND STOCK-BASED COMPENSA

EQUITY AND STOCK-BASED COMPENSATION	3 Months Ended
	Sep. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
EQUITY AND STOCK-BASED COMPENSATION	EQUITY AND STOCK-BASED COMPENSATION On October 22, 2015, the stockholders of the Company approved and in November 2015 the Company’s Board of Directors adopted an amendment to the Company’s certificate of incorporation (the “Amendment”) to increase the number of authorized shares of common stock available for issuance from 50,000,000 to 150,000,000 shares. The purpose for the Amendment was to accommodate a forward stock split through a stock dividend whereby each share of common stock would effectively be split into four shares of common stock (the “Stock Split”). On October 26, 2015, the Board of Directors approved the Stock Split. The Company issued a dividend of three shares of common stock for every one share issued and outstanding as of November 6, 2015. The dividend was paid on November 17, 2015, and BOFI common stock began trading on a split-adjusted basis on November 18, 2015. Common stock share, per-share, option and restricted stock unit amounts for all comparative periods provided have been retroactively adjusted to reflect the effects of the Stock Split. On March 17, 2016, the Board of Directors of the Company, authorized a program to repurchase up to $100 million of common stock. The new share repurchase authorization replaces the previous share repurchase plan approved on July 5, 2005. The Company may repurchase shares on the open market or through privately negotiated transactions at times and prices considered appropriate, at the discretion of the Company, and subject to its assessment of alternative uses of capital, stock trading price, general market conditions and regulatory factors. The repurchase program does not obligate the Company to acquire any specific number of shares. The share repurchase program will continue in effect until terminated by the Board of Directors of the Company. The Company has two equity incentive plans, the 2014 Stock Incentive Plan (“2014 Plan”) and the 2004 Stock Incentive Plan (“2004 Plan” and collectively, the “Plans”), which provide for the granting of non-qualified and incentive stock options, restricted stock and restricted stock units, stock appreciation rights and other awards to employees, directors and consultants. The Plans are designed to encourage selected employees and directors to improve operations and increase profits, and to accept or continue employment or association with the Company through participation in the growth in the value of the common stock. The Plans require that option exercise prices be not less than fair market value per share of common stock on the option grant date for incentive and non-qualified options. The options issued under the Plans generally vest in between three and five years. Option expiration dates are established by the Plans’ administrator but may not be later than 10 years after the date of the grant. 2004 Stock Incentive Plan . In October 2004, the Company’s Board of Directors and the stockholders approved the 2004 Plan. In November 2007, the 2004 Plan was amended and approved by the Company’s stockholders. With the stockholders approving the 2014 Plan in October 2014, no further awards will be made under the 2004 Plan and the 2004 Plan will remain in effect only so long as awards made thereunder remain outstanding. 2014 Stock Incentive Plan . In September and October 2014, the Company’s Board of Directors and stockholders approved the 2014 Plan, respectively. The maximum number of shares of common stock available for issuance under the 2014 Plan is 3,680,000 . Stock Options. At September 30, 2016 and June 30, 2016 there were no outstanding stock options and all expense related to stock option grants has been fully recognized. Restricted Stock and Restricted Stock Units . Employees and directors are eligible to receive grants of restricted stock and restricted stock units. The Company determines stock-based compensation expense using the fair value method. The fair value of restricted stock and restricted stock units is equal to the closing sale price of the Company’s common stock on the date of grant. During the three months ended September 30, 2016 and 2015 , the Company granted 659,298 and 104,941 restricted stock units, to employees and directors, respectively. Restricted stock unit awards (“RSUs”) granted during these quarters generally vest over three years, one-third on each anniversary date, except for any RSUs granted to our CEO, which vest one-fourth on each fiscal year end. The Company’s income before income taxes and net income for the three months ended September 30, 2016 and September 30, 2015 include stock award expense of $3,037 and $2,258 , with total income tax benefit of $1,273 and $938 , 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 September 30, 2016 , unrecognized compensation expense related to non-vested awards aggregated to $29,162 and is expected to be recognized in future periods as follows: (Dollars in thousands) Stock Award Compensation Expense For the fiscal year remainder: 2017 $ 10,212 2018 10,759 2019 6,462 2020 1,729 Total $ 29,162 The following table presents the status and changes in restricted stock unit grants for the periods indicated: Restricted Stock Unit Shares Weighted-Average Grant-Date Fair Value Non-vested balance at June 30, 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 Granted 659,298 19.44 Vested (150,551 ) 20.81 Canceled (22,074 ) 19.23 Non-vested balance at September 30, 2016 1,546,399 $ 21.43 The total fair value of shares vested for the three months ended September 30, 2016 and September 30, 2015 was $2,996 and $5,492 .

EARNINGS PER SHARE ("EPS")

EARNINGS PER SHARE ("EPS")	3 Months Ended
	Sep. 30, 2016
Earnings Per Share [Abstract]
EARNINGS PER SHARE (EPS)	EARNINGS PER SHARE (“EPS”) Basic EPS excludes dilution and is computed by dividing net income or loss available to common shareholders by the weighted average number of common shares outstanding for the period. Diluted EPS reflects the potential dilution that could occur if stock options or other contracts to issue common stock were exercised or converted to common stock that would then share in the Company’s earnings. The following table presents the calculation of basic and diluted EPS as adjusted to reflect the effects of the Stock Split: Three Months Ended September 30, (Dollars in thousands, except per share data) 2016 2015 Earnings Per Common Share 1 Net income $ 28,897 $ 25,501 Preferred stock dividends (77 ) (77 ) Net income attributable to common shareholders $ 28,820 $ 25,424 Average common shares issued and outstanding 63,284,174 62,483,856 Average unvested RSU shares 1,305,159 1,187,660 Total qualifying shares 64,589,333 63,671,516 Earnings per common share $ 0.45 $ 0.40 Diluted Earnings Per Common Share 1 Net income attributable to common shareholders $ 28,820 $ 25,424 Dilutive net income attributable to common shareholders $ 28,820 $ 25,424 Average common shares issued and outstanding 64,589,333 63,671,516 Dilutive effect of stock options — 21,320 Total dilutive common shares issued and outstanding 64,589,333 63,692,836 Diluted earnings per common share $ 0.45 $ 0.40 1. Share and per share amounts have been retroactively restated for all prior periods presented to reflect the four-for-one forward split of the Company’s common stock effected in the form of a stock dividend that was distributed on November 17, 2015

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	3 Months Ended
	Sep. 30, 2016
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	COMMITMENTS AND CONTINGENCIES Credit-Related Financial Instruments . The Company is a party to credit-related financial instruments with off-balance-sheet risk in the normal course of business to meet the financing needs of its customers. These financial instruments are commitments to extend credit. Such commitments involve, to varying degrees, elements of credit and interest rate risk in excess of the amount recognized in the consolidated balance sheets. The Company’s exposure to credit loss is represented by the contractual amount of these commitments. The Company follows the same credit policies in making commitments as it does for on-balance-sheet instruments. At September 30, 2016 , the Company had commitments to originate $102,504 in fixed rate loans and leases and $399,577 in variable rate loans, totaling an aggregate outstanding principal balance of $502,081 . Our fixed rate loan and lease commitments to originate had rates ranging from 2.38% to 7.95% . At September 30, 2016 , the Company also had commitments to sell $84,335 in fixed rate loans and $1,515 in variable rate loans, totaling an aggregate outstanding principal balance of $85,850 . Commitments to extend credit are agreements to lend to a customer so long as there is no violation of any condition established in the contract. Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. The commitments for equity lines of credit may expire without being drawn upon. Therefore, the total commitment amounts do not necessarily represent future cash requirements. The amount of collateral obtained, if it is deemed necessary by the Company, is based on management’s credit evaluation of the customer. Litigation. On October 15, 2015, the Company, its Chief Executive Officer and its Chief Financial Officer were named defendants in a putative class action lawsuit styled Golden v. BofI Holding, Inc., et al, and brought in United States District Court for the Southern District of California (the “Golden Case”). On November 3, 2015, the Company, its Chief Executive Officer and its Chief Financial Officer were named defendants in a second putative class action lawsuit styled Hazan v. BofI Holding, Inc., et al, and also brought in the United States District Court for the Southern District of California (the “Hazan Case”). On February 1, 2016, the Golden Case and the Hazan Case were consolidated as In re BofI Holding, Inc. Securities Litigation, Case #: 3:15-cv-02324-GPC-KSC (the “Class Action”), and the Houston Municipal Employees Pension System was appointed lead plaintiff. The Class Action complaint was amended by a certain Consolidated Amended Class Complaint filed on April 11, 2016. The Class Action plaintiff seeks monetary damages and other relief on behalf of a putative class that has not been certified by the Court. The complaints filed in the Golden Case and the Hazan Case both allege that the defendants violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, and Rule 10b-5 promulgated thereunder, by failing to disclose the wrongful conduct that is alleged in a complaint that was filed in a wrongful termination of employment lawsuit (the “Employment Matter”), and that as a result the Company’s statements regarding its internal controls, as well as portions of its financial statements, were false and misleading. The Company and the other named defendants dispute the allegations 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. On September 27, 2016, the Court dismissed the Class Action, with leave to amend, as to defendants Andrew Micheletti, Paul Grinberg, Nicholas Mosich and James Argalas. The Court denied the Motion to Dismiss with respect to the Company and Gregory Garrabrants. The Company and the other defendants dispute the allegations of wrongdoing and are vigorously defending these purported derivative actions.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	3 Months Ended
	Sep. 30, 2016
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	RELATED PARTY TRANSACTIONS In the ordinary course of business, the Company has granted related party loans collateralized by real property to principal officers, directors and their affiliates that are considered to be insiders by regulation. There were no new related party loans granted under the provisions of the employee loan program and no refinances of existing loans during the three months ended September 30, 2016 , and no new loans and no refinances of existing loans during the three months ended September 30, 2015 .

SIGNIFICANT ACCOUNTING POLICI19

SIGNIFICANT ACCOUNTING POLICIES (Policies)	3 Months Ended
	Sep. 30, 2016
Accounting Policies [Abstract]
Consolidation	The condensed consolidated financial statements include the accounts of BofI Holding, Inc. and its wholly owned subsidiary, BofI Federal Bank (the “Bank” and collectively with BofI Holding, Inc., the “Company”). All significant intercompany balances and transactions have been eliminated in consolidation.
Basis of Presentation	The accompanying interim condensed consolidated financial statements, presented in accordance with accounting principles generally accepted in the United States of America (“GAAP”), are unaudited and reflect all adjustments which, in the opinion of management, are necessary for a fair statement of financial condition and results of operations for the interim periods. All adjustments are of a normal and recurring nature. Results for the three months ended September 30, 2016 are not necessarily indicative of results that may be expected for any other interim period or for the year as a whole. Certain information and note disclosures normally included in the audited annual financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”) with respect to interim financial reporting. The accompanying unaudited condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and accompanying notes for the year ended June 30, 2016 included in our Annual Report on Form 10-K.
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. During the quarter ended September 30, 2016, the Company elected to reclassify all of its held-to-maturity securities to available-for-sale. See Note 4 – “Securities” for further information. Gains and losses on securities sales are based on a comparison of sales proceeds and the amortized cost of the security sold using the specific identification method. Purchases and sales are recognized on the trade date. Interest income includes amortization of purchase premiums or discounts. Premiums and discounts on securities are amortized or accreted using the level-yield method without anticipating prepayments, except for mortgage-backed securities where prepayments are anticipated. The Company’s portfolios of held-to-maturity and available-for-sale securities are reviewed quarterly for other-than-temporary impairment. In performing this review, management considers (1) the length of time and extent that fair value has been less than cost, (2) the financial condition and near term prospects of the issuer, (3) the impact of changes in market interest rates on the market value of the security and (4) how to record an impairment by assessing whether the Company intends to sell or it is more likely than not that it will be required to sell a security in an unrealized loss position before the Company recovers the security’s amortized cost. If either of these criteria for (4) is met, the entire difference between amortized cost and fair value is recognized in earnings. Alternatively, if the criteria for (4) is not met, the amount of impairment recognized in earnings is limited to the amount related to credit losses, while impairment related to other factors is recognized in other comprehensive income. The credit loss is defined as the difference between the present value of the cash flows expected to be collected and the amortized cost basis.
Loans and Leases	Loans and Leases . 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. The Company 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 Company generally retains legal title to the leased property until the end of each lease. Direct financing leases are stated at the net amount of minimum lease payments receivable, plus any unguaranteed residual value, less the amount of unearned income and net acquisition discount at the reporting date. Direct lease origination costs are amortized over the weighted average life of the lease portfolio. Leases acquired in an acquisition are initially measured and recorded at their fair value on the acquisition date. Purchase discounts or premiums on acquired leases are recognized as an adjustment to interest income over the contractual life of the leases using the effective interest method or taken into income when the related leases are paid off. Direct financing leases are subject to our allowance for loans and leases. Recognition of interest income on all portfolio segments is generally discontinued at the time the loan or lease is 90 days delinquent unless the loan or lease is well secured and in process of collection. Past due status is based on the contractual terms of the loan or lease. In all cases, loans or leases 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 or leases placed on nonaccrual, is reversed against interest income. Interest received on such loans or leases is accounted for on the cash-basis or cost recovery method, until qualifying for return to accrual. Loans and leases are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured.
Loans Held for Sale	Loans Held for Sale. U.S government agency (“agency”) loans originated and intended for sale in the secondary market are carried at fair value. Net unrealized gains and losses are recognized through the income statement. The Bank sells its mortgage loans with either servicing released or servicing retained depending upon market pricing. Gains and losses on loan sales are recorded as mortgage banking income, based on the difference between sales proceeds and carrying value. Non-agency loans held for sale are carried at the lower of cost or fair value. Loans that were originated with the intent and ability to hold for the foreseeable future (loans held in portfolio) but which have been subsequently designated as being held for sale for risk management or liquidity needs are carried at the lower of cost or fair value calculated on an individual loan by loan basis. There may be times when loans have been classified as held for sale and for some reason cannot be sold. Loans transferred to a long-term-investment classification from held-for-sale are transferred at the lower of cost or market value on the transfer date. Any difference between the carrying amount of the loan and its outstanding principal balance is recognized as an adjustment to yield by the interest method. A loan cannot be classified as a long-term investment unless the Bank has both the ability and the intent to hold the loan for the foreseeable future or until maturity.
Allowance for Loan 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.
New Accounting Pronouncements	New Accounting Pronouncements. In April 2015, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (ASU) 2015-03 Interest-Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs. Under the amended guidance, debt issuance costs related to a recognized debt liability are required to be presented as deductions from the carrying amounts of the corresponding debt liabilities, consistent with the presentation of debt discounts and premiums. The amended guidance was adopted for the quarter ended September 30, 2016 and applied retrospectively in accordance with the amended guidance, wherein the balance sheet of each individual period presented has been adjusted to reflect the period-specific effects of applying the amended guidance. The adoption of this guidance did not materially impact our consolidated financial position or consolidated results of operations. 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 should be applied on a modified-retrospective transition approach that would require a cumulative-effect adjustment to the opening retained earnings in the statement of financial condition as of the date of adoption. A prospective transition approach is required for debt securities for which an other-than-temporary impairment had been recognized before the effective date. The guidance will be effective for the Company’s financial statements that include periods beginning July 1, 2020. Early adoption is permitted beginning July 1, 2019. The Company is currently evaluating the impact of this ASU and the Company expects ASU 2016-13 to have a material impact on the Company’s consolidated financial statements.
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. Accounting Standards Codification Topic 820, Fair Value Measurement , also establishes a fair value hierarchy which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The standard describes three levels of inputs that may be used to measure fair value: Level 1: Quoted prices in active markets for identical assets or liabilities in active markets that the entity has the ability to access as of the measurement date. Level 1 assets and liabilities include debt and equity securities that are actively traded in an exchange or over-the-counter market and are highly liquid, such as, among other assets and securities, certain U.S. treasury and other U.S. government debt. Level 2: Observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities. Level 2 assets include securities with quoted prices that are traded less frequently than exchange-traded instruments and whose value is determined using a pricing model with inputs that are observable in the market or can be derived principally from or corroborated by observable market data. Level 3: Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. Level 3 assets and liabilities include financial instruments whose value is determined using pricing models such as discounted cash flow methodologies, or similar techniques, as well as instruments for which the determination of fair value requires significant management judgment or estimation. When available, the Company generally uses quoted market prices to determine fair value, in which case the items are classified in Level 1. In some cases where a market price is available, the Company will make use of acceptable practical expedients (such as matrix pricing) to calculate fair value, in which case the items are classified in Level 2. The Company considers relevant and observable market prices in its valuations where possible. The frequency of transactions, the size of the bid-ask spread and the nature of the participants are some of the factors the Company uses to help determine whether a market is active and orderly or inactive and not orderly. Price quotes based upon transactions that are not orderly are not considered to be determinative of fair value and should be given little, if any, weight in measuring fair value. If quoted market prices are not available, fair value is based upon internally developed valuation techniques that use, where possible, current market-based or independently sourced market parameters, such as interest rates, credit spreads, housing value forecasts, etc. Items valued using such internally generated valuation techniques are classified according to the lowest level input or value driver that is significant to the valuation. Thus, an item may be classified in Level 3 even though there may be some significant inputs that are readily observable.
Fair Value of Financial Instruments	The following section describes the valuation methodologies used by the Company to measure various financial instruments at fair value, including an indication of the level in the fair value hierarchy in which each instrument is generally classified: Securities—trading. Trading securities are recorded at fair value. The trading portfolio consists of two different issues of floating-rate debt securities collateralized by pools of bank trust preferred securities. Recent liquidity and economic uncertainty have made the market for collateralized debt obligations less active or inactive. As quoted market prices are not available, the Level 3 fair values for these securities are determined by the Company utilizing industry-standard tools to calculate the net present value of the expected cash flows available to the securities from the underlying assets. The Company’s expected cash flows are calculated for each security and include the impact of actual and forecasted bank defaults within each collateral pool as well as structural features of the security’s tranche such as lock outs, subordination and overcollateralization. The forecast of underlying bank defaults in each pool is based upon a quarterly financial update including the trend in non-performing assets, the allowance for loan and lease losses and the underlying bank’s capital ratios. Also a factor is the Company’s loan and lease loss experience in the local economy in which the bank operates. At September 30, 2016 , the Company’s forecast of cash flows for both securities includes actual and forecasted defaults totaling 16.5% of all banks in the collateral pools, compared to 15.4% of the banks actually in default. The expected cash flows reflect the Company’s best estimate of all pool losses which are then applied to the overcollateralization reserve and the subordinated tranches to determine the cash flows. The Company selects a discount rate margin based upon the spread between U.S. Treasury rates and the market rates for active credit grades for financial companies. The discount margin when added to the U.S. Treasury rate determines the discount rate, reflecting primarily market liquidity and interest rate risk since expected credit loss is included in the cash flows. At September 30, 2016 , the Company used a weighted average discount margin of 475 basis points above U.S. Treasury rates to calculate the net present value of the expected cash flows and the fair value of its trading securities. The Level 3 fair values determined by the Company for its trading securities rely heavily on management’s assumptions as to the future credit performance of the collateral banks, the impact of the global and regional economic activity, the timing of forecasted defaults and the discount rate applied to cash flows. The fair value of the trading securities at September 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 $882 . 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 $1,032 . Securities—available-for-sale and held-to-maturity . Available-for-sale (“AFS”) securities are recorded at fair value and consist of residential mortgage-backed securities (“RMBS”) issued by U.S. agencies, non-agencies, collateralized loan obligations, and municipals. Held-to-maturity (“HTM”) securities are recorded at amortized cost and consist of RMBS issued by U.S. agencies, RMBS issued by non-agencies, and municipals. Fair value for U.S. agency securities is generally based on quoted market prices of similar securities used to form a dealer quote or a pricing matrix. There continues to be significant illiquidity in the market for RMBS issued by non-agencies, impacting the availability and reliability of transparent pricing. As orderly quoted market prices are not available, the Level 3 fair values for these securities are determined by the Company utilizing industry-standard tools to calculate the net present value of the expected cash flows available to the securities from the underlying mortgage assets. The Company computes Level 3 fair values for each non-agency RMBS in the same manner (as described below) whether available-for-sale or held-to-maturity. To determine the performance of the underlying mortgage loan pools, the Company estimates prepayments, defaults, and loss severities based on a number of macroeconomic factors, including housing price changes, unemployment rates, interest rates and borrower attributes such as credit score and loan documentation at the time of origination. For each security, the Company inputs a projection of monthly default rates, loss severity rates and voluntary prepayment rates for the underlying mortgages for the remaining life of each security to determine the expected cash flows. The projections of default rates are derived by the Company from the historic default rate observed in the pool of loans collateralizing the security, increased by and decreased by the forecasted increase or decrease in the national unemployment rate. The projections of loss severity rates are derived by the Company from the historic loss severity rate observed in the pool of loans, increased by (and decreased by) the forecasted decrease or increase in the national home price appreciation (“HPA”) index. The largest factors influencing the Company’s modeling of the monthly default rate are unemployment and HPA, as a strong correlation exists. The national unemployment rate announced prior to the end of the period covered by this report (reported for August 2016) was 4.9% , down from the high of 10.0% in October 2009. Consensus estimates for unemployment are that the rate will continue to decline. Going forward, the Company is projecting lower monthly default rates. The range of loss severity rates applied to each default used in the Company’s projections at September 30, 2016 are from 40.0% up to 68.7% based upon individual bond historical performance. The default rates and the severities are projected for every non-agency RMBS security held by the Company and will vary monthly based upon the actual performance of the security and the macroeconomic factors discussed above. To determine the discount rates used to compute the present value of the expected cash flows for these non-agency RMBS securities, the Company separates the securities by the borrower characteristics in the underlying pool. Specifically, “prime” securities generally have borrowers with higher FICO scores and better documentation of income. “Alt-A” securities generally have borrowers with a lower FICO and less documentation of income. “Pay-option ARMs” are Alt-A securities with borrowers that tend to pay the least amount of principal (or increase their loan balance through negative amortization). The Company calculates separate discount rates for prime, Alt-A and Pay-option ARM non-agency RMBS securities using market-participant assumptions for risk, capital and return on equity. The range of annual default rates used in the Company’s projections at September 30, 2016 are from 1.5% up to 20.9% with prime securities tending toward the lower end of the range and Alt-A and Pay-option ARMs tending toward the higher end of the range. The Company applies its discount rates to the projected monthly cash flows which already reflect the full impact of all forecasted losses using the assumptions described above. When calculating present value of the expected cash flows at September 30, 2016 , the Company computed its discount rates as a spread between 243 and 667 basis points over the interpolated swap curve with prime securities tending toward the lower end of the range and Alt-A and Pay-option ARMs tending toward the higher end of the range. 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 the 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. Loans held for sale at fair value are primarily single-family and multifamily residential loans. The fair value of residential loans held for sale is determined by pricing for comparable assets or by existing forward sales commitment prices with investors. Impaired Loans. Impaired loans are loans which are inadequately protected by the current net worth and paying capacity of the borrowers or the collateral pledged. The accrual of interest income has been discontinued for impaired loans. The impaired loans are characterized by the distinct possibility that the Bank will sustain some loss if the deficiencies are not corrected. The Company assesses loans individually and identifies impairment when the loan is classified as impaired, has been restructured, or management has serious doubts about the future collectibility of principal and interest, even though the loans may currently be performing. The fair value of an impaired loan is determined based on an observable market price or current appraised value of the underlying collateral. The fair value of impaired loans with specific write-offs or allocations of the allowance for loan losses are generally based on recent real estate appraisals or internal valuation analyses consistent with the methodology used in real estate appraisals and include other third-party valuations and analysis of cash flows. These appraisals and analyses are updated at least on an annual basis. The Company primarily obtains real estate appraisals and in the rare cases where an appraisal cannot be obtained, the Company performs an internal valuation analysis. These appraisals and analyses may utilize a single valuation approach or a combination of approaches including comparable sales and income approaches. The sales comparison approach uses at least three recent similar property sales to help determine the fair value of the property being appraised. The income approach is calculated by taking the net operating income generated by the collateral property of the rent collected and dividing it by an assumed capitalization rate. Adjustments are routinely made in the process by the appraisers to account for differences between the comparable sales and income data available. When measuring the fair value of the impaired loan based upon the projected sale of the underlying collateral, the Company subtracts the costs expected to be incurred for the transfer of the underlying collateral, which includes items such as sales commissions, delinquent taxes and insurance premiums. These adjustments to the estimated fair value of non-performing loans may result in increases or decreases to the provision for loan losses recorded in current earnings. Such adjustments are typically significant and result in a Level 3 classification for the inputs for determining fair value. Other Real Estate Owned and Repossessed Vehicles . Non-recurring adjustments to certain commercial and residential real estate properties classified as other real estate owned (“OREO”) are measured at the lower of carrying amount or fair value, less estimated costs to sell. Fair values are generally based on third-party appraisals of the property, resulting in a Level 3 classification. In cases where the carrying amount exceeds the fair value, less costs to sell, an impairment loss is recognized. Mortgage Servicing Rights. The Company initially records all mortgage servicing rights (“MSRs”) at fair value and accounts for MSRs at fair value during the life of the MSR, with changes in fair value recorded through current period earnings. Fair value adjustments encompass market-driven valuation changes as well as modeled amortization involving the run-off of value that occurs due to the passage of time as individual loans are paid by borrowers. Market expectations about loan duration, and correspondingly the expected term of future servicing cash flows, may vary from time to time due to changes in expected prepayment activity, especially when interest rates rise or fall. Market expectations of increased loan prepayment speeds may negatively impact the fair value of the single family MSRs. Fair value is also dependent on the discount rate used in calculating present value, which is imputed from observable market activity and market participants and results in Level 3 classification. Management reviews and adjusts the discount rate on an ongoing basis. An increase in the discount rate would reduce the estimated fair value of the MSRs asset. Mortgage Banking Derivatives. Fair value for mortgage banking derivatives are either based upon prices in active secondary markets for identical securities or based on quoted market prices of similar assets used to form a dealer quote or a pricing matrix. If no such quoted price exists, the fair value of a commitment is determined by quoted prices for a similar commitment or commitments, adjusted for the specific attributes of each commitment. These fair values are then adjusted for items such as fallout and estimated costs to originate the loan. The Company’s valuation methodologies may produce a fair value calculation that may not be indicative of net realizable value or reflective of future fair values. While management believes the Company’s valuation methodologies are appropriate and consistent with or, in some cases, more conservative than other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different estimate of fair value at the relevant reporting date.
Credit Quality Indicators	Credit Quality Indicators The Company categorizes loans and leases into risk categories based on relevant information about the ability of borrowers to service their debt such as: current financial information, historical payment experience, credit documentation, public information and current economic trends, among other factors. The Company analyzes loans and leases individually by classifying the loans and leases based on credit risk. The Company uses the following definitions for risk ratings. Pass. Loans and leases classified as pass are well protected by the current net worth and paying capacity of the obligor or by the fair value, less cost to acquire and sell, of any underlying collateral in a timely manner. Special Mention . Loans and leases classified as special mention have a potential weakness that deserves management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the loan or lease or of the institution’s credit position at some future date. Substandard . Loans and leases classified as substandard are inadequately protected by the current net worth and paying capacity of the obligor or of the collateral pledged, if any. Loans and leases so classified have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that the institution will sustain some loss if the deficiencies are not corrected. Doubtful . Loans and leases classified as doubtful have all the weaknesses inherent in those classified as substandard, with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions, and values, highly questionable and improbable. The Company reviews and grades loans and leases following a continuous review process, featuring coverage of all loan and lease types and business lines at least quarterly. Continuous reviewing provides more effective risk monitoring because it immediately tests for potential impacts caused by changes in personnel, policy, products or underwriting standards.

FAIR VALUE (Tables)

FAIR VALUE (Tables)	3 Months Ended
	Sep. 30, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets and Liabilities Measured at Fair Value on Recurring Basis	The following table sets forth the Company’s financial assets and liabilities measured at fair value on a recurring basis at September 30, 2016 and June 30, 2016 . Assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement: September 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 $ — $ — $ 7,695 $ 7,695 Securities—Available-for-Sale: Agency RMBS $ — $ 46,930 $ — $ 46,930 Non-Agency RMBS — — 133,169 133,169 Municipal — 67,032 — 67,032 Other Debt Securities — 197,333 — 197,333 Total—Securities—Available-for-Sale $ — $ 311,295 $ 133,169 $ 444,464 Loans Held for Sale $ — $ 20,611 $ — $ 20,611 Mortgage Servicing Rights $ — $ — $ 4,855 $ 4,855 Other assets – Derivative Instruments $ — $ — $ 2,677 $ 2,677 LIABILITIES: Other liabilities – Derivative Instruments $ — $ — $ 491 $ 491 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 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
Additional Information About Assets Measured at Fair Value on a Recurring Basis and for which the Company has Utilized Level 3 Inputs to Determine Fair Value	The following tables present additional information about assets measured at fair value on a recurring basis and for which the Company has utilized Level 3 inputs to determine fair value: For the Three Months Ended September 30, 2016 (Dollars in thousands) Securities – Trading: Collateralized Debt Obligations Securities – Available-for-Sale: Non-Agency RMBS Mortgage Servicing Rights Derivative Instruments, net Total Opening balance $ 7,584 $ 9,364 $ 3,943 $ 1,318 $ 22,209 Transfers into Level 3 — 124,547 — — 124,547 Total gains or losses for the period: Included in earnings—Sale of mortgage-backed securities — 701 — — 701 Included in earnings—Fair value gain (loss) on trading securities 111 — — — 111 Included in earnings—Mortgage banking income — — (221 ) 868 647 Included in other comprehensive income — 7,533 — — 7,533 Purchases, originations, issues, sales and settlements: Purchases/originations — — 1,133 — 1,133 Sales — (6,399 ) — — (6,399 ) Settlements — (2,457 ) — — (2,457 ) Other-than-temporary impairment — (120 ) — — (120 ) Closing balance $ 7,695 $ 133,169 $ 4,855 $ 2,186 $ 147,905 Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period $ 111 $ 701 $ (221 ) $ 868 $ 1,459 For the Three Months Ended September 30, 2015 (Dollars in thousands) Securities – Trading: Collateralized Debt Obligations Securities – Available-for-Sale: Non-Agency RMBS Mortgage Servicing Rights Derivative Instruments, net Total Opening balance $ 7,832 $ 26,633 $ 2,098 $ 2,261 $ 38,824 Transfers into Level 3 — — — — — Total gains or losses for the period: Included in earnings—Sale of mortgage-backed securities — — — — — Included in earnings—Fair value gain on trading securities 70 — — — 70 Included in earnings—Mortgage banking income — — (145 ) (1,243 ) (1,388 ) Included in other comprehensive income — (246 ) — — (246 ) Purchases, originations, issues, sales and settlements: Purchases/originations — — 734 — 734 Sales — — — — — Settlements — (1,359 ) — — (1,359 ) Other-than-temporary impairment — (35 ) — — (35 ) Closing balance $ 7,902 $ 24,993 $ 2,687 $ 1,018 $ 36,600 Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period $ 70 $ — $ (145 ) $ (1,243 ) $ (1,318 )
Quantitative Information About Level 3 Fair Value Measurements	The following table presents quantitative information about level 3 fair value measurements for financial instruments measured at fair value on a non-recurring basis at the periods indicated: September 30, 2016 (Dollars in thousands) Fair Value Valuation Technique(s) Unobservable Input Range (Weighted Average) 1 Impaired loans: Single family real estate secured: Mortgage $ 35,359 Sales comparison approach Adjustment for differences between the comparable sales -47.7 to 32.8% (-1.9%) Home equity $ 32 Sales comparison approach Adjustment for differences between the comparable sales -7.8 to 7.2% (-0.3%) Multifamily real estate secured $ 5,733 Sales comparison approach, income approach, Discounted cash flows Adjustment for differences between the comparable sales and adjustments for differences in net operating income expectations -46.2 to 28.0% (-7.6%) Commercial real estate secured $ 232 Sales comparison approach and income approach Adjustment for differences between the comparable sales and adjustments for differences in net operating income expectations 0.0 to 23.6% (11.8%) Auto and RV secured $ 308 Sales comparison approach Adjustment for differences between the comparable sales -39.9 to 36.2% (-6.6%) Other $ 575 Discounted cash flow Projected Constant Prepayment Rate, Projected Constant Default Rate, Projected Loss Severity, Discount Rate 0.0 to 0.0% (0.0%) Other real estate owned and foreclosed assets: Single family real estate $ 1,231 Sales comparison approach Adjustment for differences between the comparable sales -16.5 to 6.9% (-4.8%) Multifamily real estate $ 99 Sales comparison approach and income approach Adjustment for differences between the comparable sales and adjustments for differences in net operating income expectations, Capitalization rate -16.7 to 29.2% (6.3%) Autos and RVs $ 40 Sales comparison approach Adjustment for differences between the comparable sales -6.4 to 13.9% (3.3%) _______________________ 1 For impaired loans, other real estate owned and foreclosed assets 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, 2016 (Dollars in thousands) Fair Value Valuation Technique(s) 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, 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 RMBS $ 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, other real estate owned and foreclosed assets 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. The table below summarizes the quantitative information about level 3 fair value measurements at the periods indicated: September 30, 2016 (Dollars in thousands) Fair Value Valuation Technique Unobservable Input Range (Weighted Average) Securities – Trading: Collateralized Debt Obligations $ 7,695 Discounted Cash Flow Total Projected Defaults, Discount Rate over Treasury 11.7 to 21.0% (16.2%) 4.75 to 4.75% (4.75%) Securities – Available-for-Sale: Non-agency RMBS $ 133,169 Discounted Cash Flow Projected Constant Prepayment Rate, 2.5 to 27.6% (13.4%) 1.5 to 20.9% (6.1%) Mortgage Servicing Rights $ 4,855 Discounted Cash Flow Projected Constant Prepayment Rate, 8.9 to 26.8% (11.3%) 2.3 to 7.0 (6.0) Derivative Instruments, net $ 2,186 Sales Comparison Approach Projected Sales Profit of Underlying Loans 0.4 to 0.7% (0.6%) June 30, 2016 (Dollars in thousands) Fair Value Valuation Technique Unobservable Input Range (Weighted Average) Securities – Trading: $ 7,584 Discounted Cash Flow Total Projected Defaults, 11.7 to 21.0% (16.5%) Securities – Available-for-Sale: $ 9,364 Discounted Cash Flow Projected Constant Prepayment Rate, 9.1 to 20.6% (14.2%) 1.5 to 13.6% (6.1%) Mortgage Servicing Rights $ 3,943 Discounted Cash Flow Projected Constant Prepayment Rate, 7.8 to 21.8% (10.6%) 3.5 to 7.1 (6.2) Derivative Instruments, net $ 1,318 Sales Comparison Approach Projected Sales Profit of Underlying Loans 0.3 to 0.6% (0.4%)
Changes in Unrealized Gains and Losses and Interest Income Recorded in Earnings for Level 3 Trading Assets and Liabilities	The table below summarizes changes in unrealized gains and losses and interest income recorded in earnings for level 3 trading assets and liabilities that are still held at the periods indicated: For the Three Months Ended September 30, (Dollars in thousands) 2016 2015 Interest income on investments $ 73 $ 58 Fair value adjustment 111 70 Total $ 184 $ 128
Fair Value Assets Measured on Nonrecurring Basis	The table below summarizes assets measured for impairment on a non-recurring basis: September 30, 2016 (Dollars in thousands) Quoted Prices in Significant Other Significant Balance Impaired Loans: Single family real estate secured: Mortgage $ — $ — $ 35,359 $ 35,359 Home equity — — 32 32 Multifamily real estate secured — — 5,733 5,733 Commercial real estate secured — — 232 232 Auto and RV secured — — 308 308 Other — — 575 575 Total $ — $ — $ 42,239 $ 42,239 Other real estate owned and foreclosed assets: Single family real estate $ — $ — $ 1,231 $ 1,231 Multifamily real estate — — 99 99 Autos and RVs — — 40 40 Total $ — $ — $ 1,370 $ 1,370 June 30, 2016 (Dollars in thousands) Quoted Prices in Significant Other Significant 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 RMBS $ — $ — $ 79,164 $ 79,164
Aggregate Fair Value, Contractual Balance, and Gains	As of September 30, 2016 and June 30, 2016 , the aggregate fair value, contractual balance (including accrued interest), and unrealized gain was as follows: (Dollars in thousands) September 30, 2016 June 30, 2016 Aggregate fair value $ 20,611 $ 20,871 Contractual balance 19,887 20,226 Unrealized gain $ 724 $ 645 The total amount of unrealized gains and losses from changes in fair value included in earnings for the period indicated below for loans held for sale were: For the Three Months Ended September 30, (Dollars in thousands) 2016 2015 Interest income $ 137 $ 272 Change in fair value (946 ) (1,006 ) Total $ (809 ) $ (734 )
Carrying Amounts and Estimated Fair Values of Financial Instruments at Period-end	The carrying amounts and estimated fair values of financial instruments at September 30, 2016 and June 30, 2016 were as follows: September 30, 2016 Fair Value (Dollars in thousands) Carrying Level 1 Level 2 Level 3 Total Fair Value Financial assets: Cash and cash equivalents $ 599,054 $ 599,054 $ — $ — $ 599,054 Securities trading 7,695 — — 7,695 7,695 Securities available-for-sale 444,464 — 311,295 133,169 444,464 Loans held for sale, at fair value 20,611 — 20,611 — 20,611 Loans held for sale, at lower of cost or fair value 30,761 — — 31,247 31,247 Loans and leases held for investment—net 6,549,742 — — 6,821,944 6,821,944 Accrued interest receivable 20,172 — — 20,172 20,172 Mortgage servicing rights 4,855 — — 4,855 4,855 Financial liabilities: Time deposits and savings 6,323,812 — 6,163,966 — 6,163,966 Securities sold under agreements to repurchase 35,000 — 35,974 — 35,974 Advances from the Federal Home Loan Bank 655,000 — 671,645 — 671,645 Subordinated notes and debentures and other 56,511 — 58,084 — 58,084 Accrued interest payable 2,249 — 2,249 — 2,249 June 30, 2016 Fair Value (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: Time deposits and savings 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 and other 56,016 — 58,299 — 58,299 Accrued interest payable 1,667 — 1,667 — 1,667

SECURITIES (Tables)

SECURITIES (Tables)	3 Months Ended
	Sep. 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 at September 30, 2016 and June 30, 2016 were: September 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 $ — $ 46,059 $ 936 $ (65 ) $ 46,930 $ — $ — $ — $ — Non-agency 2 — 126,563 10,351 (3,745 ) 133,169 — — — — Total mortgage-backed securities — 172,622 11,287 (3,810 ) 180,099 — — — — Other debt securities: Municipal — 61,559 5,535 (62 ) 67,032 — — — — Non-agency 7,695 195,443 2,010 (120 ) 197,333 — — — — Total other debt securities 7,695 257,002 7,545 (182 ) 264,365 — — — — Total debt securities $ 7,695 $ 429,624 $ 18,832 $ (3,992 ) $ 444,464 $ — $ — $ — $ — 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: 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 __________________________________ 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: September 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 $ 19,458 $ (50 ) $ 2,463 $ (15 ) $ 21,921 $ (65 ) $ — $ — $ — $ — $ — $ — Non-agency 3,535 (21 ) 31,123 (3,724 ) 34,658 (3,745 ) — — — — — — Total RMBS securities 22,993 (71 ) 33,586 (3,739 ) 56,579 (3,810 ) — — — — — — Other Debt: Municipal Debt 13,508 (62 ) — — 13,508 (62 ) — — — — — — Non-agency 16,201 (77 ) 14,718 (43 ) 30,919 (120 ) — — — — — — Total Other Debt 29,709 (139 ) 14,718 (43 ) 44,427 (182 ) — — — — — — Total debt securities $ 52,702 $ (210 ) $ 48,304 $ (3,782 ) $ 101,006 $ (3,992 ) $ — $ — $ — $ — $ — $ — 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: 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 )
Other than Temporary Impairment, Credit Losses Recognized in Earnings	The following table summarizes amounts of credit loss recognized in the income statement through other-than-temporary impairment charges which reduced non-interest income: For the Three Months Ended September 30, (Dollars in thousands) 2016 2015 Beginning balance $ (20,865 ) $ (20,503 ) Additions for the amounts related to credit loss for which an other-than-temporary impairment was not previously recognized — (95 ) Increases to the amount related to the credit loss for which other-than-temporary impairment was previously recognized (120 ) (23 ) Credit losses realized for securities sold 374 — Ending balance $ (20,611 ) $ (20,621 )
Schedule of Realized Gain (Loss)	The gross gains and losses realized through earnings upon the sale of available-for-sale securities for the three months ended September 30, 2016 were as follows: For the Three Months Ended September 30, (Dollars in thousands) 2016 2015 Proceeds $ 25,675 $ — Gross realized gains 990 — Net realized gain on securities $ 990 $ —
Unrealized Gain (Loss) on Investments	The Company had recorded unrealized gains and unrealized losses in accumulated other comprehensive loss as follows: (Dollars in thousands) September 30, June 30, Available-for-sale debt securities—net unrealized gains $ 14,840 $ 2,288 Available-for-sale debt securities—non-credit related losses (13,104 ) (138 ) Held-to-maturity debt securities—non-credit related losses — (14,129 ) Subtotal 1,736 (11,979 ) Tax (expense) benefit (1,135 ) 4,675 Net unrealized gain (loss) on investment securities in accumulated other comprehensive income (loss) $ 601 $ (7,304 )
Investments Classified by Contractual Maturity Date	The expected maturity distribution including repayments of the Company’s mortgage-backed securities and other debt securities classified as trading, available-for-sale and held-to-maturity at September 30, 2016 were: September 30, 2016 Trading Available for sale Held-to-maturity (Dollars in thousands) Fair Value Amortized Cost Fair Value Carrying Amount Fair Value RMBS—U.S. agencies: Due within one year $ — $ 2,556 $ 2,617 $ — $ — Due one to five years — 9,042 9,276 — — Due five to ten years — 9,118 9,377 — — Due after ten years — 25,343 25,660 — — Total RMBS—U.S. agencies — 46,059 46,930 — — RMBS—Non-agency: Due within one year — 18,117 19,101 — — Due one to five years — 49,854 52,779 — — Due five to ten years — 33,967 35,794 — — Due after ten years — 24,625 25,495 — — Total RMBS—Non-agency — 126,563 133,169 — — Other debt: Due within one year — 92,438 92,972 — — Due one to five years — 103,527 104,673 — — Due five to ten years — 6,832 6,954 — — Due after ten years 7,695 54,205 59,766 — — Total other debt 7,695 257,002 264,365 — — Total $ 7,695 $ 429,624 $ 444,464 $ — $ —

LOANS, LEASES & ALLOWANCE FOR22

LOANS, LEASES & ALLOWANCE FOR LOANS AND LEASE LOSSES (Tables)	3 Months Ended
	Sep. 30, 2016
Receivables [Abstract]
Composition of the Loan and Lease Portfolio	The following table sets forth the composition of the loan and lease portfolio as of the dates indicated: (Dollars in thousands) September 30, 2016 June 30, 2016 Single family real estate secured: Mortgage $ 3,723,490 $ 3,678,520 Home equity 2,223 2,470 Warehouse and other 1 574,455 537,714 Multifamily real estate secured 1,402,485 1,373,216 Commercial real estate secured 136,482 121,746 Auto and RV secured 93,763 73,676 Factoring 120,502 98,275 Commercial & Industrial 551,180 514,300 Other 1,167 2,542 Total gross loans and leases 6,605,747 6,402,459 Allowance for loan and lease losses (37,596 ) (35,826 ) Unaccreted discounts and loan and lease fees (18,409 ) (11,954 ) Total net loans and leases $ 6,549,742 $ 6,354,679 1. The balance of single family warehouse loans was $223,549 at September 30, 2016 and $173,148 at June 30, 2016 . The remainder of the balance is attributable to single family lender finance loans.
Activity in the Allowance for Loan and Lease Losses by Portfolio Class	The following tables summarize activity in the allowance for loan and lease losses by portfolio classes for the periods indicated: For the Three Months Ended September 30, 2016 Single Family Real Estate Secured (Dollars in thousands) Mortgage Home Equity Warehouse & Other Multifamily Real Estate Secured Commercial Real Estate Secured Auto and RV Secured Factoring Commercial & Industrial Other/Consumer Total Balance at July 1, 2016 $ 18,666 $ 23 $ 2,685 $ 3,938 $ 882 $ 1,615 $ 245 $ 7,630 $ 142 $ 35,826 Provision for loan and lease loss 799 (5 ) (131 ) (16 ) 58 326 49 781 39 1,900 Charge-offs (27 ) — — — (23 ) (73 ) — — (102 ) (225 ) Recoveries 45 4 — — — 46 — — — 95 Balance at September 30, 2016 $ 19,483 $ 22 $ 2,554 $ 3,922 $ 917 $ 1,914 $ 294 $ 8,411 $ 79 $ 37,596 For the Three Months Ended September 30, 2015 Single Family Real Estate Secured (Dollars in thousands) Mortgage Home Equity Warehouse & Other Multifamily Real Estate Secured Commercial Real Estate Secured Auto and RV Secured Factoring Commercial & Industrial Other/Consumer Total Balance at July 1, 2015 $ 13,664 $ 122 $ 1,879 $ 4,363 $ 1,103 $ 953 $ 292 $ 5,882 $ 69 $ 28,327 Provision for loan and lease loss 2,507 (36 ) 178 (183 ) (454 ) 497 50 (219 ) 60 2,400 Charge-offs (16 ) (1 ) — — — (150 ) — — — (167 ) Recoveries 158 9 — — 312 39 — — — 518 Balance at September 30, 2015 $ 16,313 $ 94 $ 2,057 $ 4,180 $ 961 $ 1,339 $ 342 $ 5,663 $ 129 $ 31,078
Loans and Leases Evaluated for Impairment by Portfolio Class	The following tables present our loans and leases evaluated individually for impairment by class: September 30, 2016 (Dollars in thousands) Unpaid Principal Balance Principal Balance Adjustment Unpaid Book Balance Accrued Interest / Origination Fees Recorded Investment Related Allowance With no related allowance recorded: Single Family Real Estate Secured: Mortgage: In-house originated $ 8,989 $ 753 $ 8,236 $ 799 $ 9,035 $ — Purchased 5,609 2,106 3,503 123 3,626 — Multifamily Real Estate Secured: Purchased 2,507 1,136 1,371 — 1,371 — Commercial Real Estate Secured: Purchased 630 398 232 81 313 — Auto and RV Secured: In-house originated 870 616 254 12 266 — With an allowance recorded: Single Family Real Estate Secured: Mortgage: In-house originated 21,801 — 21,801 12 21,813 1,125 Purchased 1,819 — 1,819 5 1,824 40 Home Equity: In-house originated 32 — 32 — 32 1 Multifamily Real Estate Secured: In-house originated 4,362 — 4,362 38 4,400 20 Auto and RV Secured: In-house originated 54 — 54 4 58 2 Other 575 — 575 — 575 56 Total $ 47,248 $ 5,009 $ 42,239 $ 1,074 $ 43,313 $ 1,244 As a % of total gross loans and leases 0.72 % 0.08 % 0.64 % 0.02 % 0.66 % 0.02 % June 30, 2016 (Dollars in thousands) Unpaid Principal Balance Principal Balance Adjustment Unpaid Book Balance Accrued Interest / Origination Fees Recorded Investment Related Allowance With no related allowance recorded: Single Family Real Estate Secured: Mortgage: In-house originated $ 8,989 $ 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 %
Balance in the Allowance for Loan and Lease Losses and Recorded Investments by Portfolio Segment	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: September 30, 2016 Single Family Real Estate Secured (Dollars in thousands) Mortgage Home Warehouse and other Multifamily Real Estate Secured Commercial Real Estate Secured Auto and RV Secured Factoring Commercial & Industrial Other Total Allowance for loan and lease losses: Ending allowance balance attributable to loans and leases: Individually evaluated for impairment $ 1,165 $ 1 $ — $ 20 $ — $ 2 $ — $ — $ 56 $ 1,244 Collectively evaluated for impairment 18,318 21 2,554 3,902 917 1,912 294 8,411 23 36,352 Total ending allowance balance $ 19,483 $ 22 $ 2,554 $ 3,922 $ 917 $ 1,914 $ 294 $ 8,411 $ 79 $ 37,596 Loans and leases: Loans and leases individually evaluated for impairment 1 $ 35,359 $ 32 $ — $ 5,733 $ 232 $ 308 $ — $ — $ 575 $ 42,239 Loans and leases collectively evaluated for impairment 3,688,131 2,191 574,455 1,396,752 136,250 93,455 120,502 551,180 592 6,563,508 Principal loan and lease balance 3,723,490 2,223 574,455 1,402,485 136,482 93,763 120,502 551,180 1,167 6,605,747 Unaccreted discounts and loan and lease fees 12,520 27 (1,948 ) 4,311 692 1,232 (36,991 ) 1,761 (13 ) (18,409 ) Accrued interest receivable 8,415 1 2,078 4,273 339 192 258 2,035 — 17,591 Total recorded investment in loans and leases $ 3,744,425 $ 2,251 $ 574,585 $ 1,411,069 $ 137,513 $ 95,187 $ 83,769 $ 554,976 $ 1,154 $ 6,604,929 ________________ 1. Loans and leases evaluated for impairment include Troubled Debt Restructurings (“TDRs”) that have been performing for more than six months . June 30, 2016 Single Family Real Estate Secured (Dollars in thousands) Mortgage Home Warehouse and other Multifamily Real Estate Secured Commercial Real Estate Auto and RV Secured Factoring Commercial & Industrial Other Total Allowance for loan and lease losses: Ending allowance balance attributable to loans and leases: Individually evaluated for impairment $ 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 .
Non-performing Loans and Leases	Non-performing loans and leases consisted of the following as of the dates indicated: (Dollars in thousands) September 30, June 30, Single Family Real Estate Secured: Mortgage: In-house originated $ 30,037 $ 22,958 Purchased 5,114 5,442 Home Equity: In-house originated 32 33 Multifamily Real Estate Secured: In-house originated 4,362 791 Purchased 1,371 1,427 Commercial Real Estate Secured: Purchased 232 254 Total non-performing loans secured by real estate 41,148 30,905 Auto and RV Secured 308 278 Consumer and Other 575 676 Total non-performing loans and leases $ 42,031 $ 31,859 Non-performing loans and leases to total loans and leases 0.64 % 0.50 %
Loans and Leases, Performing and Non-performing	The following tables present the outstanding unpaid balance of loans and leases that are performing and non-performing by portfolio class: September 30, 2016 Single Family Real Estate Secured (Dollars in thousands) Mortgage Home Warehouse & other Multifamily Real Estate Secured Commercial Real Estate Secured Auto and RV Secured Factoring Commercial & Industrial Other Total Performing $ 3,688,339 $ 2,191 $ 574,455 $ 1,396,752 $ 136,250 $ 93,455 $ 120,502 $ 551,180 $ 592 $ 6,563,716 Non-performing 35,151 32 — 5,733 232 308 — — 575 42,031 Total $ 3,723,490 $ 2,223 $ 574,455 $ 1,402,485 $ 136,482 $ 93,763 $ 120,502 $ 551,180 $ 1,167 $ 6,605,747 June 30, 2016 Single Family Real Estate Secured (Dollars in thousands) Mortgage Home Warehouse & other Multifamily Real Estate Secured Commercial Real Estate Secured Auto and RV Secured Factoring Commercial & Industrial Other Total Performing $ 3,650,120 $ 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 The Company divides loan balances when determining general loan loss reserves between purchases and originations as follows: September 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 $ 3,623,713 $ 64,626 $ 3,688,339 $ 1,303,347 $ 93,405 $ 1,396,752 $ 124,197 $ 12,053 $ 136,250 Non-performing 30,037 5,114 35,151 4,362 1,371 5,733 — 232 232 Total $ 3,653,750 $ 69,740 $ 3,723,490 $ 1,307,709 $ 94,776 $ 1,402,485 $ 124,197 $ 12,285 $ 136,482 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
Interest Recognized on Performing Loans Temporarily Modified as TDR	The Company classifies these loans as performing loans temporarily modified as TDR and are included in impaired loans and leases as follows: September 30, 2016 Single Family Real Estate Secured (Dollars in thousands) Mortgage Home Warehouse & other Multifamily Real Estate Secured Commercial Real Estate Secured Auto and RV Secured Factoring Commercial & Industrial Other Total Performing loans temporarily modified as TDR $ 208 $ — $ — $ — $ — $ — $ — $ — $ — $ 208 Non-performing loans and leases 35,151 32 — 5,733 232 308 — — 575 42,031 Total impaired loans and leases $ 35,359 $ 32 $ — $ 5,733 $ 232 $ 308 $ — $ — $ 575 $ 42,239 June 30, 2016 Single Family Real Estate Secured (Dollars in thousands) Mortgage Home Warehouse & other Multifamily Real Estate Secured Commercial Real Estate Secured Auto and RV Secured Factoring Commercial & Industrial Other Total Performing loans temporarily modified as TDR $ 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 The Company recognizes interest on performing loans temporarily modified as TDR, which is shown in conjunction with average balances as follows: For the Three Months Ended September 30, 2016 Single Family Real Estate Secured (Dollars in thousands) Mortgage Home Warehouse & other Multifamily Real Estate Secured Commercial Real Estate Secured Auto and RV Secured Factoring Commercial & Industrial Other Total Interest income recognized on performing TDRs $ 3 $ — $ — $ — $ — $ — $ — $ — $ — $ 3 Average balances of performing TDRs $ 209 $ — $ — $ — $ — $ — $ — $ — $ — $ 209 Average balances of impaired loans $ 31,985 $ 33 $ — $ 3,976 $ 243 $ 293 $ — $ — $ 626 $ 37,156 For the Three Months Ended September 30, 2015 Single Family Real Estate Secured (Dollars in thousands) Mortgage Home Warehouse & other Multifamily Real Estate Secured Commercial Real Estate Secured Auto and RV Secured Factoring Commercial & Industrial Other Total Interest income recognized on performing TDRs $ 2 $ — $ — $ — $ — $ — $ — $ — $ — $ 2 Average balances of performing TDRs $ 216 $ — $ — $ — $ — $ — $ — $ — $ — $ 216 Average balances of impaired loans $ 23,140 $ 9 $ — $ 5,341 $ 1,923 $ 398 $ — $ — $ — $ 30,811
Compositon of Loan and Lease Portfolio by Credit Quality Indicators	The following table presents the composition of the Company’s loan and lease portfolio by credit quality indicators: September 30, 2016 (Dollars in thousands) Pass Special Substandard Doubtful Total Single Family Real Estate Secured: Mortgage: In-house originated $ 3,613,267 $ 8,668 $ 31,435 $ 380 $ 3,653,750 Purchased 64,069 252 5,419 — 69,740 Home Equity: In-house originated 2,174 17 32 — 2,223 Warehouse and other: In-house originated 573,394 1,061 — — 574,455 Multifamily Real Estate Secured: In-house originated 1,298,921 1,736 7,052 — 1,307,709 Purchased 92,358 — 2,418 — 94,776 Commercial Real Estate Secured: In-house originated 124,197 — — — 124,197 Purchased 10,052 2,001 232 — 12,285 Auto and RV Secured: In-house originated 93,359 95 309 — 93,763 Factoring 120,502 — — — 120,502 Commercial & Industrial 550,866 314 — — 551,180 Other 563 29 575 — 1,167 Total $ 6,543,722 $ 14,173 $ 47,472 $ 380 $ 6,605,747 As a % of total gross loans and leases 99.1 % 0.2 % 0.7 % — % 100.0 % June 30, 2016 (Dollars in thousands) Pass Special 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 a % of total gross loans and leases 99.0 % 0.4 % 0.6 % — % 100.0 %
Past Due Loan and Leases	The following table provides the outstanding unpaid balance of loans and leases that are past due 30 days or more by portfolio class as of the period indicated: September 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 $ 6,292 $ 3,689 $ 24,257 $ 34,238 Purchased 1,007 64 2,376 3,447 Home equity: In-house originated — 16 29 45 Multifamily real estate secured: In-house originated 3,009 — 1,353 4,362 Commercial real estate secured: Purchased — — 232 232 Auto and RV secured 375 95 104 574 Other 29 29 575 633 Total $ 10,712 $ 3,893 $ 28,926 $ 43,531 As a % of total gross loans and leases 0.16 % 0.06 % 0.44 % 0.66 % 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 and industrial 142 — — 142 Other 62 151 676 889 Total $ 9,762 $ 2,170 $ 26,114 $ 38,046 As a % of total gross loans and leases 0.15 % 0.03 % 0.41 % 0.59 %

EQUITY AND STOCK-BASED COMPEN23

EQUITY AND STOCK-BASED COMPENSATION (Tables)	3 Months Ended
	Sep. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Unrecognized compensation expense related to non-vested awards, to be recognized in the future	At September 30, 2016 , unrecognized compensation expense related to non-vested awards aggregated to $29,162 and is expected to be recognized in future periods as follows: (Dollars in thousands) Stock Award Compensation Expense For the fiscal year remainder: 2017 $ 10,212 2018 10,759 2019 6,462 2020 1,729 Total $ 29,162
Status and changes in restricted stock grants	The following table presents the status and changes in restricted stock unit grants for the periods indicated: Restricted Stock Unit Shares Weighted-Average Grant-Date Fair Value Non-vested balance at June 30, 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 Granted 659,298 19.44 Vested (150,551 ) 20.81 Canceled (22,074 ) 19.23 Non-vested balance at September 30, 2016 1,546,399 $ 21.43

EARNINGS PER SHARE ("EPS") (Tab

EARNINGS PER SHARE ("EPS") (Tables)	3 Months Ended
	Sep. 30, 2016
Earnings Per Share [Abstract]
Calculation of basic and diluted EPS	The following table presents the calculation of basic and diluted EPS as adjusted to reflect the effects of the Stock Split: Three Months Ended September 30, (Dollars in thousands, except per share data) 2016 2015 Earnings Per Common Share 1 Net income $ 28,897 $ 25,501 Preferred stock dividends (77 ) (77 ) Net income attributable to common shareholders $ 28,820 $ 25,424 Average common shares issued and outstanding 63,284,174 62,483,856 Average unvested RSU shares 1,305,159 1,187,660 Total qualifying shares 64,589,333 63,671,516 Earnings per common share $ 0.45 $ 0.40 Diluted Earnings Per Common Share 1 Net income attributable to common shareholders $ 28,820 $ 25,424 Dilutive net income attributable to common shareholders $ 28,820 $ 25,424 Average common shares issued and outstanding 64,589,333 63,671,516 Dilutive effect of stock options — 21,320 Total dilutive common shares issued and outstanding 64,589,333 63,692,836 Diluted earnings per common share $ 0.45 $ 0.40 1. Share and per share amounts have been retroactively restated for all prior periods presented to reflect the four-for-one forward split of the Company’s common stock effected in the form of a stock dividend that was distributed on November 17, 2015

BASIS OF PRESENTATION (Details)

BASIS OF PRESENTATION (Details)	Nov. 17, 2015	Sep. 30, 2016shares	Jun. 30, 2016shares	Nov. 30, 2015shares	Oct. 31, 2015shares
Accounting Policies [Abstract]
Common stock split, conversion ratio	4
Common stock, shares authorized (in shares)		150,000,000	150,000,000	150,000,000	50,000,000

SIGNIFICANT ACCOUNTING POLICI26

SIGNIFICANT ACCOUNTING POLICIES (Details)	3 Months Ended
	Sep. 30, 2016
H&R Block Bank Deposits | Emerald Advance | Other
Business Acquisition [Line Items]
Interest income and fees retainer (as a percent)	10.00%

FAIR VALUE - NARRATIVE (Details

FAIR VALUE - NARRATIVE (Details) $ in Thousands	3 Months Ended
	Sep. 30, 2016USD ($)security	Aug. 31, 2016	Oct. 31, 2009
Collateralized Debt Obligations
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Number of collateralized debt securities in trading portfolio | security	2
Collateralized Debt Obligations | Discounted cash flow
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Probability of actual and forecasted defaults	16.50%
Percentage of actual defaults	15.40%
Description of variable rate basis	U.S. Treasury
Collateralized Debt Obligations | Discounted cash flow | Significant Unobservable Inputs (Level 3)
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Percent increase in discount rate	1.00%
Effect on net income before tax from one percentage point increase in discount rate	$ 882
Percent decrease in discount rate	1.00%
Effect on net income before tax from one percentage point decrease in discount rate	$ 1,032
Collateralized Debt Obligations | Weighted Average | Discounted cash flow | Significant Unobservable Inputs (Level 3)
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Discount rate, basis spread	4.75%
Non-agency RMBS | Significant Unobservable Inputs (Level 3)
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Unemployment rate		4.90%	10.00%
Non-agency RMBS | Minimum | Discounted cash flow
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Discount rate, basis spread	2.43%
Non-agency RMBS | Minimum | Discounted cash flow | Significant Unobservable Inputs (Level 3)
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Probability of actual and forecasted defaults	1.50%
Projected Loss Severity	40.00%
Non-agency RMBS | Maximum | Discounted cash flow
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Discount rate, basis spread	6.67%
Non-agency RMBS | Maximum | Discounted cash flow | Significant Unobservable Inputs (Level 3)
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Probability of actual and forecasted defaults	20.90%
Projected Loss Severity	68.70%

FAIR VALUE - ASSETS AND LIABILI

FAIR VALUE - ASSETS AND LIABILITIES MEASURED ON RECURRING BASIS (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Jun. 30, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading	$ 7,695	$ 7,584
Securities available-for-sale	444,464	265,447
Loans held for sale, at fair value	20,611	20,871
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, at fair value	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	311,295	256,083
Loans held for sale, at fair value	20,611	20,871
Mortgage Servicing Rights	0	0
Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading	7,695	7,584
Securities available-for-sale	133,169	9,364
Loans held for sale, at fair value	0	0
Mortgage Servicing Rights	4,855	3,943
Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	444,464	265,447
Loans held for sale, at fair value	20,611	20,871
Mortgage Servicing Rights	4,855	3,943
Other assets - Derivative instruments	2,677	2,202
Other liabilities - Derivative instruments	491	884
Recurring | Collateralized Debt Obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading	7,695	7,584
Recurring | U.S. agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	46,930	33,722
Recurring | Non-agency RMBS
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	133,169	9,364
Recurring | Municipal
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	67,032	34,719
Recurring | Other Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	197,333	187,642
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, at fair value	0	0
Mortgage Servicing Rights	0	0
Other assets - Derivative instruments	0	0
Other liabilities - Derivative instruments	0	0
Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Collateralized Debt Obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading	0	0
Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | U.S. agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	0	0
Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Non-agency RMBS
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	0	0
Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Municipal
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	0	0
Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Other Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	0	0
Recurring | Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	311,295	256,083
Loans held for sale, at fair value	20,611	20,871
Mortgage Servicing Rights	0	0
Other assets - Derivative instruments	0	0
Other liabilities - Derivative instruments	0	0
Recurring | Significant Other Observable Inputs (Level 2) | Collateralized Debt Obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading	0	0
Recurring | Significant Other Observable Inputs (Level 2) | U.S. agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	46,930	33,722
Recurring | Significant Other Observable Inputs (Level 2) | Non-agency RMBS
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	0	0
Recurring | Significant Other Observable Inputs (Level 2) | Municipal
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	67,032	34,719
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	197,333	187,642
Recurring | Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	133,169	9,364
Loans held for sale, at fair value	0	0
Mortgage Servicing Rights	4,855	3,943
Other assets - Derivative instruments	2,677	2,202
Other liabilities - Derivative instruments	491	884
Recurring | Significant Unobservable Inputs (Level 3) | Collateralized Debt Obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading	7,695	7,584
Recurring | Significant Unobservable Inputs (Level 3) | U.S. agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	0	0
Recurring | Significant Unobservable Inputs (Level 3) | Non-agency RMBS
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	133,169	9,364
Recurring | Significant Unobservable Inputs (Level 3) | Municipal
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	0	0
Recurring | Significant Unobservable Inputs (Level 3) | Other Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	$ 0	$ 0

FAIR VALUE - LEVEL 3 ASSETS MEA

FAIR VALUE - LEVEL 3 ASSETS MEASURED ON RECURRING BASIS (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Other-than-temporary impairment	$ (120)	$ (118)
Recurring | Level 3
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Opening balance	22,209	38,824
Transfers into Level 3	124,547	0
Total gains or losses for the period - Included in earnings	647	(1,388)
Total gains or losses for the period - Included in other comprehensive income	7,533	(246)
Purchases/originations	1,133	734
Sales	(6,399)	0
Settlements	(2,457)	(1,359)
Other-than-temporary impairment	(120)	(35)
Closing balance	147,905	36,600
Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period	1,459	(1,318)
Recurring | Level 3 | Collateralized Debt Obligations
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Opening balance	7,584	7,832
Transfers into Level 3	0	0
Total gains or losses for the period - Included in earnings	111	70
Total gains or losses for the period - Included in other comprehensive income	0	0
Purchases/originations	0	0
Sales	0	0
Settlements	0	0
Other-than-temporary impairment	0	0
Closing balance	7,695	7,902
Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period	111	70
Recurring | Level 3 | Non-agency RMBS
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Opening balance	9,364	26,633
Transfers into Level 3	124,547	0
Total gains or losses for the period - Included in earnings	701	0
Total gains or losses for the period - Included in other comprehensive income	7,533	(246)
Purchases/originations	0	0
Sales	(6,399)	0
Settlements	(2,457)	(1,359)
Other-than-temporary impairment	(120)	(35)
Closing balance	133,169	24,993
Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period	701	0
Recurring | Level 3 | Mortgage Servicing Rights
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Opening balance	3,943	2,098
Transfers into Level 3	0	0
Total gains or losses for the period - Included in earnings	(221)	(145)
Purchases/originations	1,133	734
Sales	0	0
Settlements	0	0
Other-than-temporary impairment	0	0
Closing balance	4,855	2,687
Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period	(221)	(145)
Recurring | Level 3 | Derivative Instruments, net
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Opening balance	1,318	2,261
Transfers into Level 3	0	0
Total gains or losses for the period - Included in earnings	868	(1,243)
Purchases/originations	0	0
Sales	0	0
Settlements	0	0
Other-than-temporary impairment	0	0
Closing balance	2,186	1,018
Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period	$ 868	$ (1,243)

FAIR VALUE - QUANTITATIVE INFOR

FAIR VALUE - QUANTITATIVE INFORMATION ABOUT LEVEL 3 FAIR VALUE MEASURMENTS (RECURRING) (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Sep. 30, 2016	Jun. 30, 2016
Fair Value, Option, Quantitative Disclosures [Line Items]
Securities trading	$ 7,695	$ 7,584
Securities available-for-sale	$ 444,464	265,447
Collateralized Debt Obligations | Discounted cash flow
Fair Value, Option, Quantitative Disclosures [Line Items]
Total Projected Defaults	16.50%
Level 3
Fair Value, Option, Quantitative Disclosures [Line Items]
Securities trading	$ 7,695	7,584
Securities available-for-sale	133,169	9,364
Mortgage Servicing Rights	$ 4,855	3,943
Level 3 | Non-agency RMBS | Minimum | Discounted cash flow
Fair Value, Option, Quantitative Disclosures [Line Items]
Total Projected Defaults	1.50%
Projected Loss Severity	40.00%
Level 3 | Non-agency RMBS | Maximum | Discounted cash flow
Fair Value, Option, Quantitative Disclosures [Line Items]
Total Projected Defaults	20.90%
Projected Loss Severity	68.70%
Recurring
Fair Value, Option, Quantitative Disclosures [Line Items]
Securities available-for-sale	$ 444,464	265,447
Mortgage Servicing Rights	4,855	3,943
Recurring | Collateralized Debt Obligations
Fair Value, Option, Quantitative Disclosures [Line Items]
Securities trading	7,695	7,584
Recurring | Non-agency RMBS
Fair Value, Option, Quantitative Disclosures [Line Items]
Securities available-for-sale	133,169	9,364
Recurring | Level 3
Fair Value, Option, Quantitative Disclosures [Line Items]
Securities available-for-sale	133,169	9,364
Mortgage Servicing Rights	4,855	3,943
Recurring | Level 3 | Collateralized Debt Obligations
Fair Value, Option, Quantitative Disclosures [Line Items]
Securities trading	7,695	7,584
Recurring | Level 3 | Collateralized Debt Obligations | Discounted cash flow
Fair Value, Option, Quantitative Disclosures [Line Items]
Securities trading	$ 7,695	$ 7,584
Recurring | Level 3 | Collateralized Debt Obligations | Minimum | Discounted cash flow
Fair Value, Option, Quantitative Disclosures [Line Items]
Total Projected Defaults	11.70%	11.70%
Discount Rate over LIBOR	4.75%	5.00%
Recurring | Level 3 | Collateralized Debt Obligations | Maximum | Discounted cash flow
Fair Value, Option, Quantitative Disclosures [Line Items]
Total Projected Defaults	21.00%	21.00%
Discount Rate over LIBOR	4.75%	5.00%
Recurring | Level 3 | Collateralized Debt Obligations | Weighted Average | Discounted cash flow
Fair Value, Option, Quantitative Disclosures [Line Items]
Total Projected Defaults	16.20%	16.50%
Discount Rate over LIBOR	4.75%	5.00%
Recurring | Level 3 | Non-agency RMBS
Fair Value, Option, Quantitative Disclosures [Line Items]
Securities available-for-sale	$ 133,169	$ 9,364
Recurring | Level 3 | Non-agency RMBS | Discounted cash flow
Fair Value, Option, Quantitative Disclosures [Line Items]
Securities available-for-sale	$ 133,169	$ 9,364
Recurring | Level 3 | Non-agency RMBS | Minimum | Discounted cash flow
Fair Value, Option, Quantitative Disclosures [Line Items]
Discount Rate over LIBOR	2.40%	2.50%
Projected Constant Prepayment Rate	2.50%	9.10%
Projected Constant Default Rate	1.50%	1.50%
Projected Loss Severity	40.00%	40.00%
Recurring | Level 3 | Non-agency RMBS | Maximum | Discounted cash flow
Fair Value, Option, Quantitative Disclosures [Line Items]
Discount Rate over LIBOR	6.70%	2.90%
Projected Constant Prepayment Rate	27.60%	20.60%
Projected Constant Default Rate	20.90%	13.60%
Projected Loss Severity	68.70%	68.80%
Recurring | Level 3 | Non-agency RMBS | Weighted Average | Discounted cash flow
Fair Value, Option, Quantitative Disclosures [Line Items]
Discount Rate over LIBOR	3.50%	2.80%
Projected Constant Prepayment Rate	13.40%	14.20%
Projected Constant Default Rate	6.10%	6.10%
Projected Loss Severity	56.10%	51.50%
Recurring | Level 3 | Mortgage Servicing Rights | Discounted cash flow
Fair Value, Option, Quantitative Disclosures [Line Items]
Mortgage Servicing Rights	$ 4,855	$ 3,943
Recurring | Level 3 | Mortgage Servicing Rights | Minimum | Discounted cash flow
Fair Value, Option, Quantitative Disclosures [Line Items]
Discount Rate over LIBOR	9.50%	9.50%
Projected Constant Prepayment Rate	8.90%	7.80%
Life	2 years 3 months 18 days	3 years 6 months
Recurring | Level 3 | Mortgage Servicing Rights | Maximum | Discounted cash flow
Fair Value, Option, Quantitative Disclosures [Line Items]
Discount Rate over LIBOR	10.50%	10.50%
Projected Constant Prepayment Rate	26.80%	21.80%
Life	7 years	7 years 1 month 6 days
Recurring | Level 3 | Mortgage Servicing Rights | Weighted Average | Discounted cash flow
Fair Value, Option, Quantitative Disclosures [Line Items]
Discount Rate over LIBOR	9.50%	9.50%
Projected Constant Prepayment Rate	11.30%	10.60%
Life	6 years	6 years 2 months 12 days
Recurring | Level 3 | Derivative Instruments, net | Sales comparison approach
Fair Value, Option, Quantitative Disclosures [Line Items]
Derivative Instruments, net	$ 2,186	$ 1,318
Recurring | Level 3 | Derivative Instruments, net | Minimum | Sales comparison approach
Fair Value, Option, Quantitative Disclosures [Line Items]
Projected Sales Profit of Underlying Loans	0.40%	0.30%
Recurring | Level 3 | Derivative Instruments, net | Maximum | Sales comparison approach
Fair Value, Option, Quantitative Disclosures [Line Items]
Projected Sales Profit of Underlying Loans	0.70%	0.60%
Recurring | Level 3 | Derivative Instruments, net | Weighted Average | Sales comparison approach
Fair Value, Option, Quantitative Disclosures [Line Items]
Projected Sales Profit of Underlying Loans	0.60%	0.40%

FAIR VALUE - LEVEL 3 UNREALIZED

FAIR VALUE - LEVEL 3 UNREALIZED GAIN (LOSS) (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair value adjustment	$ 111	$ 70
Level 3
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Interest income on investments	73	58
Fair value adjustment	111	70
Total	$ 184	$ 128

FAIR VALUE - ASSETS MEASURED NO

FAIR VALUE - ASSETS MEASURED NONRECURRING BASIS (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Jun. 30, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Held to maturity - Fair Value	$ 0	$ 202,677
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
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
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
Nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	42,239	32,069
Other real estate owned and foreclosed assets, fair value	1,370	252
Nonrecurring | 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	1,231
Nonrecurring | 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	99	207
Nonrecurring | 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	40	45
Nonrecurring | Non-agency RMBS
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Held to maturity - Fair Value		79,164
Nonrecurring | Mortgage
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	35,359	28,610
Nonrecurring | Home equity
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	32	33
Nonrecurring | Multi-family real estate secured
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	5,733	2,218
Nonrecurring | Commercial real estate secured
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	232	254
Nonrecurring | Auto and RV secured
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	308	278
Nonrecurring | Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	575	676
Nonrecurring | Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	0	0
Other real estate owned and foreclosed assets, fair value	0	0
Nonrecurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Single family real estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other real estate owned and foreclosed assets, fair value	0
Nonrecurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Multifamily real estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other real estate owned and foreclosed assets, fair value	0	0
Nonrecurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | 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
Nonrecurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Non-agency RMBS
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Held to maturity - Fair Value		0
Nonrecurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Mortgage
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	0	0
Nonrecurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Home equity
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	0	0
Nonrecurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Multi-family real estate secured
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	0	0
Nonrecurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Commercial real estate secured
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	0	0
Nonrecurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Auto and RV secured
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	0	0
Nonrecurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	0	0
Nonrecurring | Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	0	0
Other real estate owned and foreclosed assets, fair value	0	0
Nonrecurring | Significant Other Observable Inputs (Level 2) | Single family real estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other real estate owned and foreclosed assets, fair value	0
Nonrecurring | Significant Other Observable Inputs (Level 2) | Multifamily real estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other real estate owned and foreclosed assets, fair value	0	0
Nonrecurring | Significant Other Observable Inputs (Level 2) | 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
Nonrecurring | Significant Other Observable Inputs (Level 2) | Non-agency RMBS
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Held to maturity - Fair Value		0
Nonrecurring | Significant Other Observable Inputs (Level 2) | Mortgage
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	0	0
Nonrecurring | Significant Other Observable Inputs (Level 2) | Home equity
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	0	0
Nonrecurring | Significant Other Observable Inputs (Level 2) | Multi-family real estate secured
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	0	0
Nonrecurring | Significant Other Observable Inputs (Level 2) | Commercial real estate secured
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	0	0
Nonrecurring | Significant Other Observable Inputs (Level 2) | Auto and RV secured
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	0	0
Nonrecurring | Significant Other Observable Inputs (Level 2) | Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	0	0
Nonrecurring | Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	42,239	32,069
Other real estate owned and foreclosed assets, fair value	1,370	252
Nonrecurring | Significant Unobservable Inputs (Level 3) | 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	1,231
Nonrecurring | Significant Unobservable Inputs (Level 3) | 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	99	207
Nonrecurring | Significant Unobservable Inputs (Level 3) | 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	40	45
Nonrecurring | Significant Unobservable Inputs (Level 3) | Non-agency RMBS
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Held to maturity - Fair Value	0	79,164
Nonrecurring | Significant Unobservable Inputs (Level 3) | Mortgage
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	35,359	28,610
Nonrecurring | Significant Unobservable Inputs (Level 3) | Home equity
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	32	33
Nonrecurring | Significant Unobservable Inputs (Level 3) | Multi-family real estate secured
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	5,733	2,218
Nonrecurring | Significant Unobservable Inputs (Level 3) | Commercial real estate secured
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	232	254
Nonrecurring | Significant Unobservable Inputs (Level 3) | Auto and RV secured
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	308	278
Nonrecurring | Significant Unobservable Inputs (Level 3) | Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	$ 575	$ 676

FAIR VALUE - ASSETS MEASURED ON

FAIR VALUE - ASSETS MEASURED ON NONRECURRING BASIS NARRATIVE (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Jun. 30, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Related Allowance	$ 1,244		$ 692
Securities held-to-maturity	0		202,677
Held-to-maturity securities, impairment charged to other comprehensive income	1,161	$ 624
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities held-to-maturity			125,262
Carrying Amount
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities held-to-maturity			199,174
Nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	42,239		32,069
Related Allowance	1,244
Other real estate owned and foreclosed assets, fair value	1,370		252
Held-to-maturity securities, impairment charged to other comprehensive income	0
Nonrecurring | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	42,239		32,069
Other real estate owned and foreclosed assets, fair value	1,370		252
Nonrecurring | Nonperforming
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, write-off	96
Impaired loans, additional provision for loan losses	5,009
Nonrecurring | Other real estate owned
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, write-off	113
Nonrecurring | Non-agency RMBS
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities held-to-maturity			79,164
Held-to-maturity securities, impairment charged to income	0	83
Held-to-maturity securities, impairment charged to other comprehensive income		$ 2,531
Nonrecurring | Non-agency RMBS | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities held-to-maturity	0		$ 79,164
Nonrecurring | Non-agency RMBS | Carrying Amount | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities held-to-maturity	$ 0

FAIR VALUE - LOANS HELD-FOR-SAL

FAIR VALUE - LOANS HELD-FOR-SALE (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Jun. 30, 2016
Fair Value Disclosures [Abstract]
Aggregate fair value	$ 20,611		$ 20,871
Contractual balance	19,887		20,226
Unrealized gain	724		$ 645
Interest income	137	$ 272
Change in fair value	(946)	(1,006)
Total Change in fair value	$ (809)	$ (734)

FAIR VALUE - QUANTITATIVE INF35

FAIR VALUE - QUANTITATIVE INFORMATION ABOUT LEVEL 3 FAIR VALUE MEASURMENTS (NONRECURRING) (Details) - USD ($) $ in Thousands		3 Months Ended	12 Months Ended
		Sep. 30, 2016	Jun. 30, 2016
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Held to maturity - Fair Value		$ 0	$ 202,677
Level 3
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Held to maturity - Fair Value			125,262
Level 3 | Non-agency RMBS | Minimum | Discounted cash flow
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Projected Loss Severity		40.00%
Level 3 | Non-agency RMBS | Maximum | Discounted cash flow
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Projected Loss Severity		68.70%
Nonrecurring
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans, fair value		$ 42,239	32,069
Other real estate owned and foreclosed assets, fair value		1,370	252
Nonrecurring | Single family real estate
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Other real estate owned and foreclosed assets, fair value		1,231
Nonrecurring | Multifamily real estate
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Other real estate owned and foreclosed assets, fair value		99	207
Nonrecurring | Autos and RVs
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Other real estate owned and foreclosed assets, fair value		40	45
Nonrecurring | Non-agency RMBS
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Held to maturity - Fair Value			79,164
Nonrecurring | Mortgage
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans, fair value		35,359	28,610
Nonrecurring | Home equity
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans, fair value		32	33
Nonrecurring | Multi-family real estate secured
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans, fair value		5,733	2,218
Nonrecurring | Commercial real estate secured
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans, fair value		232	254
Nonrecurring | Auto and RV secured
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans, fair value		308	278
Nonrecurring | Other
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans, fair value		575	676
Nonrecurring | Level 3
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans, fair value		42,239	32,069
Other real estate owned and foreclosed assets, fair value		1,370	252
Nonrecurring | Level 3 | Single family real estate
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Other real estate owned and foreclosed assets, fair value		1,231
Nonrecurring | Level 3 | Single family real estate | Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Other real estate owned and foreclosed assets, fair value		$ 1,231
Nonrecurring | Level 3 | Single family real estate | Minimum | Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Unobservable Input, Comparability Adjustments		(16.50%)
Nonrecurring | Level 3 | Single family real estate | Maximum | Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Unobservable Input, Comparability Adjustments		6.90%
Nonrecurring | Level 3 | Single family real estate | Weighted Average | Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Unobservable Input, Comparability Adjustments	[1]	(4.80%)
Nonrecurring | Level 3 | Multifamily real estate
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Other real estate owned and foreclosed assets, fair value		$ 99	207
Nonrecurring | Level 3 | Multifamily real estate | Sales comparison and income approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Other real estate owned and foreclosed assets, fair value		$ 99	$ 207
Nonrecurring | Level 3 | Multifamily real estate | Minimum | Sales comparison approach, income approach and discounted cash flow
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Unobservable Input, Comparability Adjustments			0.00%
Nonrecurring | Level 3 | Multifamily real estate | Minimum | Sales comparison and income approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Unobservable Input, Comparability Adjustments		(16.70%)
Nonrecurring | Level 3 | Multifamily real estate | Maximum | Sales comparison approach, income approach and discounted cash flow
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Unobservable Input, Comparability Adjustments			25.00%
Nonrecurring | Level 3 | Multifamily real estate | Maximum | Sales comparison and income approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Unobservable Input, Comparability Adjustments		29.20%
Nonrecurring | Level 3 | Multifamily real estate | Weighted Average | Sales comparison approach, income approach and discounted cash flow
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Unobservable Input, Comparability Adjustments	[1]		12.50%
Nonrecurring | Level 3 | Multifamily real estate | Weighted Average | Sales comparison and income approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Unobservable Input, Comparability Adjustments	[1]	6.30%
Nonrecurring | Level 3 | Autos and RVs
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Other real estate owned and foreclosed assets, fair value		$ 40	$ 45
Nonrecurring | Level 3 | Autos and RVs | Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Other real estate owned and foreclosed assets, fair value		$ 40	$ 45
Nonrecurring | Level 3 | Autos and RVs | Minimum | Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Unobservable Input, Comparability Adjustments		(6.40%)	0.00%
Nonrecurring | Level 3 | Autos and RVs | Maximum | Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Unobservable Input, Comparability Adjustments		13.90%	20.60%
Nonrecurring | Level 3 | Autos and RVs | Weighted Average | Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Unobservable Input, Comparability Adjustments	[1]	3.30%	10.20%
Nonrecurring | Level 3 | Non-agency RMBS
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Held to maturity - Fair Value		$ 0	$ 79,164
Nonrecurring | Level 3 | Non-agency RMBS | Discounted cash flow
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Held to maturity - Fair Value			$ 79,164
Nonrecurring | Level 3 | Non-agency RMBS | Minimum | Discounted cash flow
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Projected Constant Prepayment Rate			2.60%
Projected Constant Default Rate			1.50%
Projected Loss Severity			40.00%
Discount rate over LIBOR			2.90%
Nonrecurring | Level 3 | Non-agency RMBS | Maximum | Discounted cash flow
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Projected Constant Prepayment Rate			48.80%
Projected Constant Default Rate			17.80%
Projected Loss Severity			65.90%
Discount rate over LIBOR			8.20%
Nonrecurring | Level 3 | Non-agency RMBS | Weighted Average | Discounted cash flow
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Projected Constant Prepayment Rate	[1]		12.00%
Projected Constant Default Rate	[1]		5.70%
Projected Loss Severity	[1]		56.50%
Discount rate over LIBOR	[1]		5.70%
Nonrecurring | Level 3 | Mortgage
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans, fair value		35,359	$ 28,610
Nonrecurring | Level 3 | Mortgage | Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans, fair value		$ 35,359	$ 28,610
Nonrecurring | Level 3 | Mortgage | Minimum | Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Unobservable Input, Comparability Adjustments		(47.70%)	(40.60%)
Nonrecurring | Level 3 | Mortgage | Maximum | Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Unobservable Input, Comparability Adjustments		32.80%	69.50%
Nonrecurring | Level 3 | Mortgage | Weighted Average | Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Unobservable Input, Comparability Adjustments	[1]	(1.90%)	6.20%
Nonrecurring | Level 3 | Home equity
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans, fair value		$ 32	$ 33
Nonrecurring | Level 3 | Home equity | Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans, fair value		$ 32	$ 33
Nonrecurring | Level 3 | Home equity | Minimum | Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Unobservable Input, Comparability Adjustments		(7.80%)	(27.20%)
Nonrecurring | Level 3 | Home equity | Maximum | Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Unobservable Input, Comparability Adjustments		7.20%	0.00%
Nonrecurring | Level 3 | Home equity | Weighted Average | Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Unobservable Input, Comparability Adjustments	[1]	(0.30%)	(11.10%)
Nonrecurring | Level 3 | Multi-family real estate secured
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans, fair value		$ 5,733	$ 2,218
Nonrecurring | Level 3 | Multi-family real estate secured | Sales comparison approach, income approach and discounted cash flow
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans, fair value		$ 5,733
Nonrecurring | Level 3 | Multi-family real estate secured | Sales comparison and income approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans, fair value			$ 2,218
Nonrecurring | Level 3 | Multi-family real estate secured | Minimum | Sales comparison approach, income approach and discounted cash flow
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Unobservable Input, Comparability Adjustments		(46.20%)
Nonrecurring | Level 3 | Multi-family real estate secured | Minimum | Sales comparison and income approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Unobservable Input, Comparability Adjustments			(29.70%)
Nonrecurring | Level 3 | Multi-family real estate secured | Maximum | Sales comparison approach, income approach and discounted cash flow
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Unobservable Input, Comparability Adjustments		28.00%
Nonrecurring | Level 3 | Multi-family real estate secured | Maximum | Sales comparison and income approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Unobservable Input, Comparability Adjustments			58.00%
Nonrecurring | Level 3 | Multi-family real estate secured | Weighted Average | Sales comparison approach, income approach and discounted cash flow
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Unobservable Input, Comparability Adjustments	[1]	(7.60%)
Nonrecurring | Level 3 | Multi-family real estate secured | Weighted Average | Sales comparison and income approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Unobservable Input, Comparability Adjustments	[1]		3.00%
Nonrecurring | Level 3 | Commercial real estate secured
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans, fair value		$ 232	$ 254
Nonrecurring | Level 3 | Commercial real estate secured | Sales comparison and income approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans, fair value		$ 232	$ 254
Nonrecurring | Level 3 | Commercial real estate secured | Minimum | Sales comparison and income approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Unobservable Input, Comparability Adjustments		0.00%	0.00%
Nonrecurring | Level 3 | Commercial real estate secured | Maximum | Sales comparison and income approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Unobservable Input, Comparability Adjustments		23.60%	66.70%
Nonrecurring | Level 3 | Commercial real estate secured | Weighted Average | Sales comparison and income approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Unobservable Input, Comparability Adjustments	[1]	11.80%	33.30%
Nonrecurring | Level 3 | Auto and RV secured
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans, fair value		$ 308	$ 278
Nonrecurring | Level 3 | Auto and RV secured | Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans, fair value		$ 308	$ 278
Nonrecurring | Level 3 | Auto and RV secured | Minimum | Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Unobservable Input, Comparability Adjustments		(39.90%)	0.00%
Nonrecurring | Level 3 | Auto and RV secured | Maximum | Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Unobservable Input, Comparability Adjustments		36.20%	22.80%
Nonrecurring | Level 3 | Auto and RV secured | Weighted Average | Sales comparison approach
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Unobservable Input, Comparability Adjustments	[1]	(6.60%)	10.60%
Nonrecurring | Level 3 | Other
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans, fair value		$ 575	$ 676
Nonrecurring | Level 3 | Other | Discounted cash flow
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans, fair value		$ 575	$ 676
Nonrecurring | Level 3 | Other | Minimum | Discounted cash flow
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Projected Constant Prepayment Rate		0.00%	0.00%
Projected Constant Default Rate		0.00%	0.00%
Projected Loss Severity		100.00%	100.00%
Discount rate over LIBOR		6.60%	6.60%
Nonrecurring | Level 3 | Other | Maximum | Discounted cash flow
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Projected Constant Prepayment Rate		0.00%	0.00%
Projected Constant Default Rate		10.00%	10.00%
Projected Loss Severity		100.00%	100.00%
Discount rate over LIBOR		8.00%	8.00%
Nonrecurring | Level 3 | Other | Weighted Average | Discounted cash flow
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Projected Constant Prepayment Rate	[1]	0.00%	0.00%
Projected Constant Default Rate	[1]	5.00%	5.00%
Projected Loss Severity	[1]	100.00%	100.00%
Discount rate over LIBOR	[1]	7.30%	7.30%
[1]	For impaired loans, other real estate owned and foreclosed assets 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	Sep. 30, 2016	Jun. 30, 2016
Financial assets:
Securities trading	$ 7,695	$ 7,584
Securities available-for-sale	444,464	265,447
Securities held-to-maturity	0	202,677
Loans held for sale, at fair value	20,611	20,871
Loans held for sale, lower of cost or fair value	30,761	33,530
Carrying Amount
Financial assets:
Cash and cash equivalents	599,054	486,727
Securities trading	7,695	7,584
Securities available-for-sale	444,464	265,447
Securities held-to-maturity		199,174
Loans held for sale, at fair value	20,611	20,871
Loans held for sale, lower of cost or fair value	30,761	33,530
Loans and leases held for investment—net	6,549,742	6,354,679
Accrued interest receivable	20,172	26,201
Mortgage servicing rights	4,855	3,943
Financial liabilities:
Time deposits and savings	6,323,812	6,044,051
Securities sold under agreements to repurchase	35,000	35,000
Advances from the Federal Home Loan Bank	655,000	727,000
Subordinated notes and debentures and other	56,511	56,016
Accrued interest payable	2,249	1,667
Total Fair Value
Financial assets:
Cash and cash equivalents	599,054	486,727
Securities trading	7,695	7,584
Securities available-for-sale	444,464	265,447
Securities held-to-maturity		202,677
Loans held for sale, at fair value	20,611	20,871
Loans held for sale, lower of cost or fair value	31,247	33,530
Loans and leases held for investment—net	6,821,944	6,640,918
Accrued interest receivable	20,172	26,201
Mortgage servicing rights	4,855	3,943
Financial liabilities:
Time deposits and savings	6,163,966	5,946,991
Securities sold under agreements to repurchase	35,974	36,391
Advances from the Federal Home Loan Bank	671,645	747,940
Subordinated notes and debentures and other	58,084	58,299
Accrued interest payable	2,249	1,667
Level 1
Financial assets:
Cash and cash equivalents	599,054	486,727
Securities trading	0	0
Securities available-for-sale	0	0
Securities held-to-maturity		0
Loans held for sale, at fair value	0	0
Loans held for sale, 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:
Time deposits and savings	0	0
Securities sold under agreements to repurchase	0	0
Advances from the Federal Home Loan Bank	0	0
Subordinated notes and debentures and other	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	311,295	256,083
Securities held-to-maturity		77,415
Loans held for sale, at fair value	20,611	20,871
Loans held for sale, 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:
Time deposits and savings	6,163,966	5,946,991
Securities sold under agreements to repurchase	35,974	36,391
Advances from the Federal Home Loan Bank	671,645	747,940
Subordinated notes and debentures and other	58,084	58,299
Accrued interest payable	2,249	1,667
Level 3
Financial assets:
Cash and cash equivalents	0	0
Securities trading	7,695	7,584
Securities available-for-sale	133,169	9,364
Securities held-to-maturity		125,262
Loans held for sale, at fair value	0	0
Loans held for sale, lower of cost or fair value	31,247	33,530
Loans and leases held for investment—net	6,821,944	6,640,918
Accrued interest receivable	20,172	26,201
Mortgage servicing rights	4,855	3,943
Financial liabilities:
Time deposits and savings	0	0
Securities sold under agreements to repurchase	0	0
Advances from the Federal Home Loan Bank	0	0
Subordinated notes and debentures and other	0	0
Accrued interest payable	$ 0	$ 0

SECURITIES - AMORTIZED COST, CA

SECURITIES - AMORTIZED COST, CARRYING AMOUNT AND FAIR VALUE DISCLOSURES (Details) - USD ($) $ in Thousands		Sep. 30, 2016	Jun. 30, 2016
Schedule of Trading Securities and Other Trading Assets [Line Items]
Trading		$ 7,695	$ 7,584
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale, Amortized Cost		429,624	263,158
Available-for-sale, Unrealized Gains		18,832	2,496
Available-for-sale, Unrealized Losses		(3,992)	(207)
Available-for-sale		444,464	265,447
Schedule of Held-to-maturity Securities [Line Items]
Held-to-maturity, Carrying Amount		0	199,174
Held-to-maturity, Unrecognized Gains		0	13,548
Held-to-maturity, Unrecognized Losses		0	(10,045)
Held to maturity - Fair Value		0	202,677
Mortgage-backed securities (RMBS)
Schedule of Trading Securities and Other Trading Assets [Line Items]
Trading		0	0
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale, Amortized Cost		172,622	42,299
Available-for-sale, Unrealized Gains		11,287	810
Available-for-sale, Unrealized Losses		(3,810)	(23)
Available-for-sale		180,099	43,086
U.S. agencies
Schedule of Trading Securities and Other Trading Assets [Line Items]
Trading	[1]	0	0
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale, Amortized Cost	[1]	46,059	33,256
Available-for-sale, Unrealized Gains	[1]	936	489
Available-for-sale, Unrealized Losses	[1]	(65)	(23)
Available-for-sale	[1]	46,930	33,722
Non-agency RMBS
Schedule of Trading Securities and Other Trading Assets [Line Items]
Trading	[2]	0	0
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale, Amortized Cost	[2]	126,563	9,043
Available-for-sale, Unrealized Gains	[2]	10,351	321
Available-for-sale, Unrealized Losses	[2]	(3,745)	0
Available-for-sale	[2]	133,169	9,364
Other Debt Securities
Schedule of Trading Securities and Other Trading Assets [Line Items]
Trading		7,695	7,584
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale, Amortized Cost		257,002	220,859
Available-for-sale, Unrealized Gains		7,545	1,686
Available-for-sale, Unrealized Losses		(182)	(184)
Available-for-sale		264,365	222,361
Municipal
Schedule of Trading Securities and Other Trading Assets [Line Items]
Trading		0	0
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale, Amortized Cost		61,559	34,543
Available-for-sale, Unrealized Gains		5,535	185
Available-for-sale, Unrealized Losses		(62)	(10)
Available-for-sale		67,032	34,718
Non-agency
Schedule of Trading Securities and Other Trading Assets [Line Items]
Trading		7,695	7,584
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale, Amortized Cost		195,443	186,316
Available-for-sale, Unrealized Gains		2,010	1,501
Available-for-sale, Unrealized Losses		(120)	(174)
Available-for-sale		197,333	187,643
Mortgage-backed securities (RMBS)
Schedule of Held-to-maturity Securities [Line Items]
Held-to-maturity, Carrying Amount		0	163,278
Held-to-maturity, Unrecognized Gains		0	7,938
Held-to-maturity, Unrecognized Losses		0	(10,045)
Held to maturity - Fair Value		0	161,171
Other Debt Securities
Schedule of Held-to-maturity Securities [Line Items]
Held-to-maturity, Carrying Amount		0	35,896
Held-to-maturity, Unrecognized Gains		0	5,610
Held-to-maturity, Unrecognized Losses		0	0
Held to maturity - Fair Value		$ 0	$ 41,506
[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.

SECURITIES - NARRATIVE (Details

SECURITIES - NARRATIVE (Details)		3 Months Ended	12 Months Ended
		Sep. 30, 2016USD ($)security	Jun. 30, 2016USD ($)	Sep. 30, 2015USD ($)
Available-for-sale Securities [Abstract]
Securities transferred from held-to-maturity to available-for-sale portfolio		$ 194,153,000		$ 0
Net unrealized gain recognized in other comprehensive income of held-to-maturity securities transferred to available-for-sale		3,618,000
Available-for-sale		444,464,000	$ 265,447,000
Certain Loans Acquired in Transfer Accounted for as Debt Securities [Abstract]
Available-for-sale securities, other-than-temporary loss charged to income		0	0
Available-for-sale securities pledged as collateral		24,310,000
Debt securities available-for-sale and held-to-maturity pledged to secure borrowings			39,961,000
Non-agency RMBS
Available-for-sale Securities [Abstract]
Available-for-sale	[1]	133,169,000	$ 9,364,000
RMBS, Super Senior Securities
Available-for-sale Securities [Abstract]
Available-for-sale		$ 130,490,000
Available-for-sale, number of securities | security		73
Non-Agency RMBS, Mezzanine Z-Tranche Securities
Available-for-sale Securities [Abstract]
Available-for-sale		$ 36,000
Available-for-sale, number of securities | security		2
RMBS, Senior-Support Securities
Certain Loans Acquired in Transfer Accounted for as Debt Securities [Abstract]
Number of securities account for as debt security acquired with deteriorated credit quality | security		1
Fair value of security acquired with deteriorated credit quality	[1]	$ 2,643,000
Cost of securities acquired in transfer		17,740,000
Carrying amount of securities acquired in transfer		30,560,000
Accretable yield of securities acquired in transfer, forecasted		9,015,000
Nonaccretable yield of securities acquired in transfer, forecasted		3,805,000
Balance of securities acquired in transfer		0
Amortizable premium of securities acquired in transfer, forecasted		0
Nonamortizable premium of securities acquired in transfer, forecasted		$ 2,472,000
[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) - USD ($) $ in Thousands	Sep. 30, 2016	Jun. 30, 2016
Available-for-sale securities in loss position for
Available-for-sale securities in loss position for less than 12 months, Fair Value	$ 52,702	$ 15,833
Available-for-sale securities in loss position, Gross Unrealized Losses	(210)	(15)
Available-for-sale securities in loss position for more than 12 months, Fair Value	48,304	22,057
Available-for-sale securities in loss position for more than 12 months, Gross Unrealized Losses	(3,782)	(192)
Available-for-sale securities in loss position, Total, Fair Value	101,006	37,890
Available-for-sale securities in loss position, Gross Unrealized Losses	(3,992)	(207)
Held-to-maturity securities in loss position for
Held-to-maturity securities in loss position for less than 12 months, Fair Value	0	15,140
Held-to-maturity securities in loss position for less than 12 months, Gross Unrealized Losses	0	(420)
Held-to-maturity securities in loss position for more than 12 months, Fair Value	0	53,372
Held-to-maturity securities in loss position for more than 12 months, Gross Unrealized Losses	0	(9,625)
Held-to-maturity securities in loss position, Total, Fair Value	0	68,512
Held-to-maturity securities in loss position, Gross Unrealized Losses	0	(10,045)
Mortgage-backed securities (RMBS)
Available-for-sale securities in loss position for
Available-for-sale securities in loss position for less than 12 months, Fair Value	22,993	0
Available-for-sale securities in loss position, Gross Unrealized Losses	(71)	0
Available-for-sale securities in loss position for more than 12 months, Fair Value	33,586	5,094
Available-for-sale securities in loss position for more than 12 months, Gross Unrealized Losses	(3,739)	(23)
Available-for-sale securities in loss position, Total, Fair Value	56,579	5,094
Available-for-sale securities in loss position, Gross Unrealized Losses	(3,810)	(23)
U.S. agencies
Available-for-sale securities in loss position for
Available-for-sale securities in loss position for less than 12 months, Fair Value	19,458	0
Available-for-sale securities in loss position, Gross Unrealized Losses	(50)	0
Available-for-sale securities in loss position for more than 12 months, Fair Value	2,463	5,094
Available-for-sale securities in loss position for more than 12 months, Gross Unrealized Losses	(15)	(23)
Available-for-sale securities in loss position, Total, Fair Value	21,921	5,094
Available-for-sale securities in loss position, Gross Unrealized Losses	(65)	(23)
Non-agency RMBS
Available-for-sale securities in loss position for
Available-for-sale securities in loss position for less than 12 months, Fair Value	3,535	0
Available-for-sale securities in loss position, Gross Unrealized Losses	(21)	0
Available-for-sale securities in loss position for more than 12 months, Fair Value	31,123	0
Available-for-sale securities in loss position for more than 12 months, Gross Unrealized Losses	(3,724)	0
Available-for-sale securities in loss position, Total, Fair Value	34,658	0
Available-for-sale securities in loss position, Gross Unrealized Losses	(3,745)	0
Other Debt Securities
Available-for-sale securities in loss position for
Available-for-sale securities in loss position for less than 12 months, Fair Value	29,709	15,833
Available-for-sale securities in loss position, Gross Unrealized Losses	(139)	(15)
Available-for-sale securities in loss position for more than 12 months, Fair Value	14,718	16,963
Available-for-sale securities in loss position for more than 12 months, Gross Unrealized Losses	(43)	(169)
Available-for-sale securities in loss position, Total, Fair Value	44,427	32,796
Available-for-sale securities in loss position, Gross Unrealized Losses	(182)	(184)
Municipal
Available-for-sale securities in loss position for
Available-for-sale securities in loss position for less than 12 months, Fair Value	13,508	10,267
Available-for-sale securities in loss position, Gross Unrealized Losses	(62)	(10)
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	0
Available-for-sale securities in loss position, Total, Fair Value	13,508	10,267
Available-for-sale securities in loss position, Gross Unrealized Losses	(62)	(10)
Non-agency
Available-for-sale securities in loss position for
Available-for-sale securities in loss position for less than 12 months, Fair Value	16,201	5,566
Available-for-sale securities in loss position, Gross Unrealized Losses	(77)	(5)
Available-for-sale securities in loss position for more than 12 months, Fair Value	14,718	16,963
Available-for-sale securities in loss position for more than 12 months, Gross Unrealized Losses	(43)	(169)
Available-for-sale securities in loss position, Total, Fair Value	30,919	22,529
Available-for-sale securities in loss position, Gross Unrealized Losses	(120)	(174)
Mortgage-backed securities (RMBS)
Held-to-maturity securities in loss position for
Held-to-maturity securities in loss position for less than 12 months, Fair Value	0	15,140
Held-to-maturity securities in loss position for less than 12 months, Gross Unrealized Losses	0	(420)
Held-to-maturity securities in loss position for more than 12 months, Fair Value	0	53,372
Held-to-maturity securities in loss position for more than 12 months, Gross Unrealized Losses	0	(9,625)
Held-to-maturity securities in loss position, Total, Fair Value	0	68,512
Held-to-maturity securities in loss position, Gross Unrealized Losses	0	(10,045)
Other Debt Securities
Held-to-maturity securities in loss position for
Held-to-maturity securities in loss position for less than 12 months, Fair Value	0	0
Held-to-maturity securities in loss position for less than 12 months, Gross Unrealized Losses	0	0
Held-to-maturity securities in loss position for more than 12 months, Fair Value	0	0
Held-to-maturity securities in loss position for more than 12 months, Gross Unrealized Losses	0	0
Held-to-maturity securities in loss position, Total, Fair Value	0	0
Held-to-maturity securities in loss position, Gross Unrealized Losses	$ 0	$ 0

SECURITIES - OTHER THAN TEMPORA

SECURITIES - OTHER THAN TEMPORARY IMPAIRMENT, CREDIT LOSSES RECOGNIZED IN EARNINGS (Details) $ in Thousands	3 Months Ended
	Sep. 30, 2016USD ($)security	Sep. 30, 2015USD ($)	Jun. 30, 2016security
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Number of securities in a continuous loss position | security	19		26
Non-agency
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Roll Forward]
Beginning balance	$ (20,865)	$ (20,503)
Additions for the amounts related to credit loss for which an other-than-temporary impairment was not previously recognized	0	(95)
Increases to the amount related to the credit loss for which other-than-temporary impairment was previously recognized	(120)	(23)
Credit losses realized for securities sold	374	0
Ending balance	(20,611)	$ (20,621)
Carrying amount of securities with cumulative credit losses	$ 90,427
Number of securities with other than temporary impairment | security	2
Carrying value of securities with other than temporary impairment	$ 3,959

SECURITIES - REALIZED GAIN (LOS

SECURITIES - REALIZED GAIN (LOSS) ON SALE OF SECURITIES (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Investments, Debt and Equity Securities [Abstract]
Proceeds	$ 25,675	$ 0
Gross realized gains	990	0
Net realized gain on securities	$ 990	$ 0

SECURITIES - UNREALIZED GAIN (L

SECURITIES - UNREALIZED GAIN (LOSS) ON INVESTMENTS (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Jun. 30, 2016
Investments, Debt and Equity Securities [Abstract]
Available-for-sale debt securities—net unrealized gains	$ 14,840	$ 2,288
Available-for-sale debt securities—non-credit related losses	(13,104)	(138)
Held-to-maturity debt securities—non-credit related losses	0	(14,129)
Subtotal	1,736	(11,979)
Tax (expense) benefit	(1,135)	4,675
Net unrealized gain (loss) on investment securities in accumulated other comprehensive income (loss)	$ 601	$ (7,304)

SECURITIES - INVESTMENTS CLASSI

SECURITIES - INVESTMENTS CLASSIFIED BY CONTRACTUAL MATURITY DATE (Details) - USD ($) $ in Thousands		Sep. 30, 2016	Jun. 30, 2016
Schedule of Trading Securities and Other Trading Assets [Line Items]
Trading, Total Fair Value		$ 7,695
Available-for-sale, Amortized Cost:
Available-for-sale, Amortized Cost		429,624
Available-for-sale, Fair Value:
Available-for-sale, Fair Value		444,464	$ 265,447
Held-to-maturity, Carrying Amount:
Held-to-maturity, Amortized Cost		0
Held-to-maturity, Fair Value:
Held to maturity - Fair Value		0	202,677
Mortgage-backed securities (RMBS)
Available-for-sale, Fair Value:
Available-for-sale, Fair Value		180,099	43,086
U.S. agencies
Available-for-sale, Amortized Cost:
Due within one year		2,556
Due one to five years		9,042
Due five to ten years		9,118
Due after ten years		25,343
Available-for-sale, Amortized Cost		46,059
Available-for-sale, Fair Value:
Due within one year		2,617
Due one to five years		9,276
Due five to ten years		9,377
Due after ten years		25,660
Available-for-sale, Fair Value	[1]	46,930	33,722
Non-agency RMBS
Available-for-sale, Amortized Cost:
Due within one year		18,117
Due one to five years		49,854
Due five to ten years		33,967
Due after ten years		24,625
Available-for-sale, Amortized Cost		126,563
Available-for-sale, Fair Value:
Due within one year		19,101
Due one to five years		52,779
Due five to ten years		35,794
Due after ten years		25,495
Available-for-sale, Fair Value	[2]	133,169	9,364
Other Debt Securities
Schedule of Trading Securities and Other Trading Assets [Line Items]
Trading, Due after ten years		7,695
Trading, Total Fair Value		7,695
Available-for-sale, Amortized Cost:
Due within one year		92,438
Due one to five years		103,527
Due five to ten years		6,832
Due after ten years		54,205
Available-for-sale, Amortized Cost		257,002
Available-for-sale, Fair Value:
Due within one year		92,972
Due one to five years		104,673
Due five to ten years		6,954
Due after ten years		59,766
Available-for-sale, Fair Value		264,365	222,361
Mortgage-backed securities (RMBS)
Held-to-maturity, Fair Value:
Held to maturity - Fair Value		0	161,171
Other Debt Securities
Held-to-maturity, Carrying Amount:
Due within one year		0
Due one to five years		0
Due five to ten years		0
Due after ten years		0
Held-to-maturity, Amortized Cost		0
Held-to-maturity, Fair Value:
Due within one year		0
Due one to five years		0
Due five to ten years		0
Due after ten years		0
Held to maturity - Fair Value		$ 0	$ 41,506
[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.

LOANS, LEASES & ALLOWANCE FOR44

LOANS, LEASES & ALLOWANCE FOR LOANS AND LEASE LOSSES - LOAN PORTFOLIO COMPOSITION (Details) - USD ($) $ in Thousands		Sep. 30, 2016	Jun. 30, 2016	Sep. 30, 2015	Jun. 30, 2015
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans and leases		$ 6,605,747	$ 6,402,459
Allowance for loan and lease losses		(37,596)	(35,826)	$ (31,078)	$ (28,327)
Unaccreted discounts and loan and lease fees		(18,409)	(11,954)
Total net loans and leases		6,549,742	6,354,679
Single family warehouse loans		223,549	173,148
Mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans and leases		3,723,490	3,678,520
Allowance for loan and lease losses		(19,483)	(18,666)	(16,313)	(13,664)
Unaccreted discounts and loan and lease fees		12,520	13,142
Home equity
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans and leases		2,223	2,470
Allowance for loan and lease losses		(22)	(23)	(94)	(122)
Unaccreted discounts and loan and lease fees		27	24
Warehouse and other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans and leases	[1]	574,455	537,714
Allowance for loan and lease losses		(2,554)	(2,685)	(2,057)	(1,879)
Unaccreted discounts and loan and lease fees		(1,948)	(2,200)
Multifamily real estate secured
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans and leases		1,402,485	1,373,216
Allowance for loan and lease losses		(3,922)	(3,938)	(4,180)	(4,363)
Unaccreted discounts and loan and lease fees		4,311	3,957
Commercial real estate secured
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans and leases		136,482	121,746
Allowance for loan and lease losses		(917)	(882)	(961)	(1,103)
Unaccreted discounts and loan and lease fees		692	542
Auto and RV secured
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans and leases		93,763	73,676
Allowance for loan and lease losses		(1,914)	(1,615)	(1,339)	(953)
Unaccreted discounts and loan and lease fees		1,232	975
Factoring
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans and leases		120,502	98,275
Allowance for loan and lease losses		(294)	(245)	(342)	(292)
Unaccreted discounts and loan and lease fees		(36,991)	(30,533)
Commercial and Industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans and leases		551,180	514,300
Allowance for loan and lease losses		(8,411)	(7,630)	(5,663)	(5,882)
Unaccreted discounts and loan and lease fees		1,761	2,172
Other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans and leases		1,167	2,542
Allowance for loan and lease losses		(79)	(142)	$ (129)	$ (69)
Unaccreted discounts and loan and lease fees		$ (13)	$ (33)
[1]	The balance of single family warehouse loans was $223,549 at September 30, 2016 and $173,148 at June 30, 2016. The remainder of the balance is attributable to single family lender finance loans.

LOANS, LEASES & ALLOWANCE FOR45

LOANS, LEASES & ALLOWANCE FOR LOANS AND LEASE LOSSES - ALLOWANCE FOR CREDIT LOSS DISCLOSURES (Details) $ in Thousands	3 Months Ended
	Sep. 30, 2016USD ($)class	Jun. 30, 2016USD ($)
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans and leases collectively evaluated for impairment	$ 6,563,508	$ 6,370,390
Number of classes loans are divided for LTV analysis | class	2
Auto and RV secured
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans and leases collectively evaluated for impairment	$ 93,455	73,398
Auto and RV secured | FICO greater than or equal to 770
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans and leases collectively evaluated for impairment	35,960
Auto and RV secured | FICO 715 - 769
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans and leases collectively evaluated for impairment	33,871
Auto and RV secured | FICO 700 - 714
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans and leases collectively evaluated for impairment	10,182
Auto and RV secured | FICO 660 - 699
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans and leases collectively evaluated for impairment	11,392
Auto and RV secured | FICO less than 660
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans and leases collectively evaluated for impairment	2,050
Mortgage
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans and leases collectively evaluated for impairment	3,688,131	3,649,910
Mortgage | LTV less than or equal to 60%
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans and leases collectively evaluated for impairment	1,951,822
Mortgage | LTV 61% - 70%
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans and leases collectively evaluated for impairment	1,367,172
Mortgage | LTV 71% - 80%
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans and leases collectively evaluated for impairment	368,936
Mortgage | LTV greater than 80%
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans and leases collectively evaluated for impairment	201
Multifamily real estate secured
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans and leases collectively evaluated for impairment	1,396,752	1,370,998
Multifamily real estate secured | LTV greater than 80%
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans and leases collectively evaluated for impairment	0
Multifamily real estate secured | LTV less than or equal to 55%
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans and leases collectively evaluated for impairment	648,896
Multifamily real estate secured | LTV 56% - 65%
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans and leases collectively evaluated for impairment	451,631
Multifamily real estate secured | LTV 66% - 75%
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans and leases collectively evaluated for impairment	283,732
Multifamily real estate secured | LTV 76% - 80%
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans and leases collectively evaluated for impairment	12,493
Commercial real estate secured
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans and leases collectively evaluated for impairment	136,250	$ 121,492
Commercial real estate secured | LTV 61% - 70%
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans and leases collectively evaluated for impairment	38,677
Commercial real estate secured | LTV 71% - 80%
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans and leases collectively evaluated for impairment	5,756
Commercial real estate secured | LTV less than or equal to 50%
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans and leases collectively evaluated for impairment	61,636
Commercial real estate secured | LTV 51% - 60%
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans and leases collectively evaluated for impairment	$ 30,181

LOANS, LEASES & ALLOWANCE FOR46

LOANS, LEASES & ALLOWANCE FOR LOANS AND LEASE LOSSES - ALLOWANCE FOR LOAN LOSS BY PORTFOLIO CLASS (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period	$ 35,826	$ 28,327
Provision for loan and lease losses	1,900	2,400
Charge-offs	(225)	(167)
Recoveries	95	518
Balance, end of period	37,596	31,078
Mortgage
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period	18,666	13,664
Provision for loan and lease losses	799	2,507
Charge-offs	(27)	(16)
Recoveries	45	158
Balance, end of period	19,483	16,313
Home equity
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period	23	122
Provision for loan and lease losses	(5)	(36)
Charge-offs	0	(1)
Recoveries	4	9
Balance, end of period	22	94
Warehouse and other
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period	2,685	1,879
Provision for loan and lease losses	(131)	178
Charge-offs	0	0
Recoveries	0	0
Balance, end of period	2,554	2,057
Multifamily real estate secured
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period	3,938	4,363
Provision for loan and lease losses	(16)	(183)
Charge-offs	0	0
Recoveries	0	0
Balance, end of period	3,922	4,180
Commercial real estate secured
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period	882	1,103
Provision for loan and lease losses	58	(454)
Charge-offs	(23)	0
Recoveries	0	312
Balance, end of period	917	961
Auto and RV secured
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period	1,615	953
Provision for loan and lease losses	326	497
Charge-offs	(73)	(150)
Recoveries	46	39
Balance, end of period	1,914	1,339
Factoring
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period	245	292
Provision for loan and lease losses	49	50
Charge-offs	0	0
Recoveries	0	0
Balance, end of period	294	342
Commercial and Industrial
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period	7,630	5,882
Provision for loan and lease losses	781	(219)
Charge-offs	0	0
Recoveries	0	0
Balance, end of period	8,411	5,663
Other
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period	142	69
Provision for loan and lease losses	39	60
Charge-offs	(102)	0
Recoveries	0	0
Balance, end of period	$ 79	$ 129

LOANS, LEASES & ALLOWANCE FOR47

LOANS, LEASES & ALLOWANCE FOR LOANS AND LEASE LOSSES - LOANS INDIVIDUALLY EVALUATED FOR IMPAIRMENT (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Jun. 30, 2016
Loans and Leases, Evaluated Individually For Impairment, With Related Allowance Recorded [Abstract]
Unpaid Principal Balance	$ 47,248	$ 37,059
Principal Balance Adjustment	5,009	4,990
Unpaid Book Balance	42,239	32,069
Accrued Interest/Origination Fees	1,074	977
Recorded Investment	43,313	33,046
Related Allowance	$ 1,244	$ 692
Loans and Leases, Evaluated Individually For Impairment As a Percentage of Gross Loans [Abstract]
Unpaid Principal Balance, Ratio to All Loans and Leases	0.72%	0.58%
Principal Balance Adjustment, Ratio to All Loans and Leases	0.08%	0.08%
Unpaid Book Balance, Ratio to All Loans and Leases	0.64%	0.50%
Accrued Interest/Origination Fees, Ratio to All Loans and Leases	0.02%	0.02%
Recorded Investment, Ratio to All Loans and Leases	0.66%	0.52%
Related Allowance, Ratio to All Loans and Leases	0.02%	0.01%
Mortgage | In-house originated
Loans and Leases, Evaluated Individually For Impairment, With No Related Allowance Recorded [Abstract]
Unpaid Principal Balance	$ 8,989	$ 8,989
Principal Balance Adjustment	753	727
Unpaid Book Balance	8,236	8,262
Accrued Interest/Origination Fees	799	657
Recorded Investment	9,035	8,919
Loans and Leases, Evaluated Individually For Impairment, With Related Allowance Recorded [Abstract]
Unpaid Principal Balance	21,801	14,696
Unpaid Book Balance	21,801	14,696
Accrued Interest/Origination Fees	12	65
Recorded Investment	21,813	14,761
Related Allowance	1,125	575
Mortgage | Purchased
Loans and Leases, Evaluated Individually For Impairment, With No Related Allowance Recorded [Abstract]
Unpaid Principal Balance	5,609	5,852
Principal Balance Adjustment	2,106	2,132
Unpaid Book Balance	3,503	3,720
Accrued Interest/Origination Fees	123	110
Recorded Investment	3,626	3,830
Loans and Leases, Evaluated Individually For Impairment, With Related Allowance Recorded [Abstract]
Unpaid Principal Balance	1,819	1,932
Unpaid Book Balance	1,819	1,932
Accrued Interest/Origination Fees	5	5
Recorded Investment	1,824	1,937
Related Allowance	40	46
Multifamily real estate secured | In-house originated
Loans and Leases, Evaluated Individually For Impairment, With Related Allowance Recorded [Abstract]
Unpaid Principal Balance	4,362	791
Unpaid Book Balance	4,362	791
Accrued Interest/Origination Fees	38	65
Recorded Investment	4,400	856
Related Allowance	20	1
Multifamily real estate secured | Purchased
Loans and Leases, Evaluated Individually For Impairment, With No Related Allowance Recorded [Abstract]
Unpaid Principal Balance	2,507	2,520
Principal Balance Adjustment	1,136	1,093
Unpaid Book Balance	1,371	1,427
Accrued Interest/Origination Fees	0	0
Recorded Investment	1,371	1,427
Commercial real estate secured | Purchased
Loans and Leases, Evaluated Individually For Impairment, With No Related Allowance Recorded [Abstract]
Unpaid Principal Balance	630	629
Principal Balance Adjustment	398	375
Unpaid Book Balance	232	254
Accrued Interest/Origination Fees	81	61
Recorded Investment	313	315
Auto and RV secured | In-house originated
Loans and Leases, Evaluated Individually For Impairment, With No Related Allowance Recorded [Abstract]
Unpaid Principal Balance	870	902
Principal Balance Adjustment	616	663
Unpaid Book Balance	254	239
Accrued Interest/Origination Fees	12	10
Recorded Investment	266	249
Loans and Leases, Evaluated Individually For Impairment, With Related Allowance Recorded [Abstract]
Unpaid Principal Balance	54	39
Unpaid Book Balance	54	39
Accrued Interest/Origination Fees	4	4
Recorded Investment	58	43
Related Allowance	2	2
Home equity | In-house originated
Loans and Leases, Evaluated Individually For Impairment, With Related Allowance Recorded [Abstract]
Unpaid Principal Balance	32	33
Unpaid Book Balance	32	33
Accrued Interest/Origination Fees	0	0
Recorded Investment	32	33
Related Allowance	1	1
Consumer and Other | In-house originated
Loans and Leases, Evaluated Individually For Impairment, With Related Allowance Recorded [Abstract]
Unpaid Principal Balance		676
Unpaid Book Balance		676
Accrued Interest/Origination Fees		0
Recorded Investment		676
Related Allowance		$ 67
Other
Loans and Leases, Evaluated Individually For Impairment, With Related Allowance Recorded [Abstract]
Unpaid Principal Balance	575
Principal Balance Adjustment	0
Unpaid Book Balance	575
Accrued Interest/Origination Fees	0
Recorded Investment	575
Related Allowance	$ 56

LOANS, LEASES & ALLOWANCE FOR48

LOANS, LEASES & ALLOWANCE FOR LOANS AND LEASE LOSSES - ALLOWANCE FOR LOAN LOSS BY PORTFOLIO SEGMENT (Details) - USD ($) $ in Thousands		3 Months Ended	12 Months Ended
		Sep. 30, 2016	Jun. 30, 2016
Financing Receivable, Allowance for Credit Losses [Line Items]
Ending allowance balance attributable to loans and leases, individually evaluated for impairment		$ 1,244	$ 692
Ending allowance balance attributable to loans and leases, collectively evaluated for impairment		36,352	35,134
Total ending allowance balance		37,596	35,826
Loans and leases individually evaluated for impairment	[1]	42,239	32,069
Loans and leases collectively evaluated for impairment		6,563,508	6,370,390
Principal loan and lease balance		6,605,747	6,402,459
Unaccreted discounts and loan and lease fees		(18,409)	(11,954)
Accrued interest receivable		17,591	22,831
Total recorded investment in loans and leases		$ 6,604,929	$ 6,413,336
Threshold period for TDRs to be considered performing		6 months	6 months
Mortgage
Financing Receivable, Allowance for Credit Losses [Line Items]
Ending allowance balance attributable to loans and leases, individually evaluated for impairment		$ 1,165	$ 621
Ending allowance balance attributable to loans and leases, collectively evaluated for impairment		18,318	18,045
Total ending allowance balance		19,483	18,666
Loans and leases individually evaluated for impairment	[1]	35,359	28,610
Loans and leases collectively evaluated for impairment		3,688,131	3,649,910
Principal loan and lease balance		3,723,490	3,678,520
Unaccreted discounts and loan and lease fees		12,520	13,142
Accrued interest receivable		8,415	12,460
Total recorded investment in loans and leases		3,744,425	3,704,122
Home equity
Financing Receivable, Allowance for Credit Losses [Line Items]
Ending allowance balance attributable to loans and leases, individually evaluated for impairment		1	1
Ending allowance balance attributable to loans and leases, collectively evaluated for impairment		21	22
Total ending allowance balance		22	23
Loans and leases individually evaluated for impairment	[1]	32	33
Loans and leases collectively evaluated for impairment		2,191	2,437
Principal loan and lease balance		2,223	2,470
Unaccreted discounts and loan and lease fees		27	24
Accrued interest receivable		1	2
Total recorded investment in loans and leases		2,251	2,496
Warehouse and other
Financing Receivable, Allowance for Credit Losses [Line Items]
Ending allowance balance attributable to loans and leases, individually evaluated for impairment		0	0
Ending allowance balance attributable to loans and leases, collectively evaluated for impairment		2,554	2,685
Total ending allowance balance		2,554	2,685
Loans and leases individually evaluated for impairment	[1]	0	0
Loans and leases collectively evaluated for impairment		574,455	537,714
Principal loan and lease balance		574,455	537,714
Unaccreted discounts and loan and lease fees		(1,948)	(2,200)
Accrued interest receivable		2,078	1,870
Total recorded investment in loans and leases		574,585	537,384
Multifamily real estate secured
Financing Receivable, Allowance for Credit Losses [Line Items]
Ending allowance balance attributable to loans and leases, individually evaluated for impairment		20	1
Ending allowance balance attributable to loans and leases, collectively evaluated for impairment		3,902	3,937
Total ending allowance balance		3,922	3,938
Loans and leases individually evaluated for impairment	[1]	5,733	2,218
Loans and leases collectively evaluated for impairment		1,396,752	1,370,998
Principal loan and lease balance		1,402,485	1,373,216
Unaccreted discounts and loan and lease fees		4,311	3,957
Accrued interest receivable		4,273	5,409
Total recorded investment in loans and leases		1,411,069	1,382,582
Commercial real estate secured
Financing Receivable, Allowance for Credit Losses [Line Items]
Ending allowance balance attributable to loans and leases, individually evaluated for impairment		0	0
Ending allowance balance attributable to loans and leases, collectively evaluated for impairment		917	882
Total ending allowance balance		917	882
Loans and leases individually evaluated for impairment	[1]	232	254
Loans and leases collectively evaluated for impairment		136,250	121,492
Principal loan and lease balance		136,482	121,746
Unaccreted discounts and loan and lease fees		692	542
Accrued interest receivable		339	389
Total recorded investment in loans and leases		137,513	122,677
Auto and RV secured
Financing Receivable, Allowance for Credit Losses [Line Items]
Ending allowance balance attributable to loans and leases, individually evaluated for impairment		2	2
Ending allowance balance attributable to loans and leases, collectively evaluated for impairment		1,912	1,613
Total ending allowance balance		1,914	1,615
Loans and leases individually evaluated for impairment	[1]	308	278
Loans and leases collectively evaluated for impairment		93,455	73,398
Principal loan and lease balance		93,763	73,676
Unaccreted discounts and loan and lease fees		1,232	975
Accrued interest receivable		192	169
Total recorded investment in loans and leases		95,187	74,820
Factoring
Financing Receivable, Allowance for Credit Losses [Line Items]
Ending allowance balance attributable to loans and leases, individually evaluated for impairment		0	0
Ending allowance balance attributable to loans and leases, collectively evaluated for impairment		294	245
Total ending allowance balance		294	245
Loans and leases individually evaluated for impairment	[1]	0	0
Loans and leases collectively evaluated for impairment		120,502	98,275
Principal loan and lease balance		120,502	98,275
Unaccreted discounts and loan and lease fees		(36,991)	(30,533)
Accrued interest receivable		258	327
Total recorded investment in loans and leases		83,769	68,069
Commercial and Industrial
Financing Receivable, Allowance for Credit Losses [Line Items]
Ending allowance balance attributable to loans and leases, individually evaluated for impairment		0	0
Ending allowance balance attributable to loans and leases, collectively evaluated for impairment		8,411	7,630
Total ending allowance balance		8,411	7,630
Loans and leases individually evaluated for impairment	[1]	0	0
Loans and leases collectively evaluated for impairment		551,180	514,300
Principal loan and lease balance		551,180	514,300
Unaccreted discounts and loan and lease fees		1,761	2,172
Accrued interest receivable		2,035	2,202
Total recorded investment in loans and leases		554,976	518,674
Other
Financing Receivable, Allowance for Credit Losses [Line Items]
Ending allowance balance attributable to loans and leases, individually evaluated for impairment		56	67
Ending allowance balance attributable to loans and leases, collectively evaluated for impairment		23	75
Total ending allowance balance		79	142
Loans and leases individually evaluated for impairment	[1]	575	676
Loans and leases collectively evaluated for impairment		592	1,866
Principal loan and lease balance		1,167	2,542
Unaccreted discounts and loan and lease fees		(13)	(33)
Accrued interest receivable		0	3
Total recorded investment in loans and leases		$ 1,154	$ 2,512
[1]	Loans and leases evaluated for impairment include Troubled Debt Restructurings (“TDRs”) that have been performing for more than six months

LOANS, LEASES & ALLOWANCE FOR49

LOANS, LEASES & ALLOWANCE FOR LOANS AND LEASE LOSSES - NONPERFORMING LOANS (Details) - Nonperforming - USD ($) $ in Thousands	Sep. 30, 2016	Jun. 30, 2016
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total non-performing loans and leases secured by real estate	$ 41,148	$ 30,905
Total non-performing loans and leases	$ 42,031	$ 31,859
Nonperforming loans to total loans, percent	0.64%	0.50%
Mortgage | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total non-performing loans and leases	$ 30,037	$ 22,958
Mortgage | Purchased
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total non-performing loans and leases	5,114	5,442
Home equity | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total non-performing loans and leases	32	33
Multifamily real estate secured | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total non-performing loans and leases	4,362	791
Multifamily real estate secured | Purchased
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total non-performing loans and leases	1,371	1,427
Commercial real estate secured | Purchased
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total non-performing loans and leases	232	254
Auto and RV secured
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total non-performing loans and leases	308	278
Consumer and Other
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total non-performing loans and leases	$ 575	$ 676

LOANS, LEASES & ALLOWANCE FOR50

LOANS, LEASES & ALLOWANCE FOR LOANS AND LEASE LOSSES - NONPERFORMING LOANS NARRATIVE (Details) - loan	3 Months Ended	12 Months Ended
	Sep. 30, 2016	Jun. 30, 2016
Financing Receivable, Impaired [Line Items]
Number of loans and leases past due over 90 days and still accruing	0
Ratio of nonperforming loans and leases considered TDRs	8.02%	9.63%
Threshold period for TDRs to be considered performing	6 months	6 months
Nonperforming | Mortgage
Financing Receivable, Impaired [Line Items]
Ratio of non-performing loans and leases that are single family mortgage	83.63%
Percentage of aggregate single family first mortgage loans and leases written down	52.84%

LOANS, LEASES & ALLOWANCE FOR51

LOANS, LEASES & ALLOWANCE FOR LOANS AND LEASE LOSSES - UNPAID PRINCIPAL BALANCE FOR PERFORMING AND NONPERFORMING (Details) - USD ($) $ in Thousands		Sep. 30, 2016	Jun. 30, 2016
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		$ 6,605,747	$ 6,402,459
Performing
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		6,563,716	6,370,600
Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		42,031	31,859
Mortgage
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		3,723,490	3,678,520
Mortgage | Performing
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		3,688,339	3,650,120
Mortgage | Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		35,151	28,400
Home equity
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		2,223	2,470
Home equity | Performing
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		2,191	2,437
Home equity | Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		32	33
Warehouse and other
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	[1]	574,455	537,714
Warehouse and other | Performing
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		574,455	537,714
Warehouse and other | Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		0	0
Multifamily real estate secured
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		1,402,485	1,373,216
Multifamily real estate secured | Performing
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		1,396,752	1,370,998
Multifamily real estate secured | Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		5,733	2,218
Commercial real estate secured
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		136,482	121,746
Commercial real estate secured | Performing
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		136,250	121,492
Commercial real estate secured | Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		232	254
Auto and RV secured
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		93,763	73,676
Auto and RV secured | Performing
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		93,455	73,398
Auto and RV secured | Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		308	278
Factoring
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		120,502	98,275
Factoring | Performing
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		120,502	98,275
Factoring | Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		0	0
Commercial and Industrial
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		551,180	514,300
Commercial and Industrial | Performing
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		551,180	514,300
Commercial and Industrial | Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		0	0
Other
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		1,167	2,542
Other | Performing
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		592	1,866
Other | Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		$ 575	$ 676
[1]	The balance of single family warehouse loans was $223,549 at September 30, 2016 and $173,148 at June 30, 2016. The remainder of the balance is attributable to single family lender finance loans.

LOANS, LEASES & ALLOWANCE FOR52

LOANS, LEASES & ALLOWANCE FOR LOANS AND LEASE LOSSES - PERFORMING AND NONPERFORMING BY CLASS AND SOURCE (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Jun. 30, 2016
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	$ 6,605,747	$ 6,402,459
Performing
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	6,563,716	6,370,600
Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	42,031	31,859
Single Family Real Estate Secured Mortgage
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	3,723,490	3,678,520
Single Family Real Estate Secured Mortgage | Performing
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	3,688,339	3,650,120
Single Family Real Estate Secured Mortgage | Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	35,151	28,400
Single Family Real Estate Secured Mortgage | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	3,653,750	3,601,587
Single Family Real Estate Secured Mortgage | In-house originated | Performing
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	3,623,713	3,578,629
Single Family Real Estate Secured Mortgage | In-house originated | Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	30,037	22,958
Single Family Real Estate Secured Mortgage | Purchased
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	69,740	76,933
Single Family Real Estate Secured Mortgage | Purchased | Performing
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	64,626	71,491
Single Family Real Estate Secured Mortgage | Purchased | Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	5,114	5,442
Multifamily real estate secured
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	1,402,485	1,373,216
Multifamily real estate secured | Performing
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	1,396,752	1,370,998
Multifamily real estate secured | Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	5,733	2,218
Multifamily real estate secured | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	1,307,709	1,271,170
Multifamily real estate secured | In-house originated | Performing
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	1,303,347	1,270,379
Multifamily real estate secured | In-house originated | Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	4,362	791
Multifamily real estate secured | Purchased
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	94,776	102,046
Multifamily real estate secured | Purchased | Performing
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	93,405	100,619
Multifamily real estate secured | Purchased | Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	1,371	1,427
Commercial real estate secured
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	136,482	121,746
Commercial real estate secured | Performing
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	136,250	121,492
Commercial real estate secured | Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	232	254
Commercial real estate secured | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	124,197	109,370
Commercial real estate secured | In-house originated | Performing
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	124,197	109,370
Commercial real estate secured | In-house originated | Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	0	0
Commercial real estate secured | Purchased
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	12,285	12,376
Commercial real estate secured | Purchased | Performing
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	12,053	12,122
Commercial real estate secured | Purchased | Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	$ 232	$ 254

LOANS, LEASES & ALLOWANCE FOR53

LOANS, LEASES & ALLOWANCE FOR LOANS AND LEASE LOSSES - TROUBLED DEBT RESTRUCTURINGS BY CLASS (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Jun. 30, 2016
Financing Receivable, Modifications [Line Items]
Performing loans temporarily modified as TDR	$ 208		$ 210
Non-performing loans and leases	42,031		31,859
Total impaired loans and leases	42,239		32,069
Interest income recognized on performing TDRs	3	$ 2
Average balances of performing TDRs	209	216
Average balances of impaired loans	37,156	30,811
Mortgage
Financing Receivable, Modifications [Line Items]
Performing loans temporarily modified as TDR	208		210
Non-performing loans and leases	35,151		28,400
Total impaired loans and leases	35,359		28,610
Interest income recognized on performing TDRs	3	2
Average balances of performing TDRs	209	216
Average balances of impaired loans	31,985	23,140
Home equity
Financing Receivable, Modifications [Line Items]
Performing loans temporarily modified as TDR	0		0
Non-performing loans and leases	32		33
Total impaired loans and leases	32		33
Interest income recognized on performing TDRs	0	0
Average balances of performing TDRs	0	0
Average balances of impaired loans	33	9
Warehouse and other
Financing Receivable, Modifications [Line Items]
Performing loans temporarily modified as TDR	0		0
Non-performing loans and leases	0		0
Total impaired loans and leases	0		0
Interest income recognized on performing TDRs	0	0
Average balances of performing TDRs	0	0
Average balances of impaired loans	0	0
Multifamily real estate secured
Financing Receivable, Modifications [Line Items]
Performing loans temporarily modified as TDR	0		0
Non-performing loans and leases	5,733		2,218
Total impaired loans and leases	5,733		2,218
Interest income recognized on performing TDRs	0	0
Average balances of performing TDRs	0	0
Average balances of impaired loans	3,976	5,341
Commercial real estate secured
Financing Receivable, Modifications [Line Items]
Performing loans temporarily modified as TDR	0		0
Non-performing loans and leases	232		254
Total impaired loans and leases	232		254
Interest income recognized on performing TDRs	0	0
Average balances of performing TDRs	0	0
Average balances of impaired loans	243	1,923
Auto and RV secured
Financing Receivable, Modifications [Line Items]
Performing loans temporarily modified as TDR	0		0
Non-performing loans and leases	308		278
Total impaired loans and leases	308		278
Interest income recognized on performing TDRs	0	0
Average balances of performing TDRs	0	0
Average balances of impaired loans	$ 293	398
Auto and RV secured | Interest-only Payments | Minimum
Financing Receivable, Modifications [Line Items]
Financing receivable, modifications, repayment period by borrower	6 months
Auto and RV secured | Interest-only Payments | Maximum
Financing Receivable, Modifications [Line Items]
Financing receivable, modifications, repayment period by borrower	1 year
Factoring
Financing Receivable, Modifications [Line Items]
Performing loans temporarily modified as TDR	$ 0		0
Non-performing loans and leases	0		0
Total impaired loans and leases	0		0
Interest income recognized on performing TDRs	0	0
Average balances of performing TDRs	0	0
Average balances of impaired loans	0	0
Commercial and Industrial
Financing Receivable, Modifications [Line Items]
Performing loans temporarily modified as TDR	0		0
Non-performing loans and leases	0		0
Total impaired loans and leases	0		0
Interest income recognized on performing TDRs	0	0
Average balances of performing TDRs	0	0
Average balances of impaired loans	0	0
Other
Financing Receivable, Modifications [Line Items]
Performing loans temporarily modified as TDR	0		0
Non-performing loans and leases	575		676
Total impaired loans and leases	575		$ 676
Interest income recognized on performing TDRs	0	0
Average balances of performing TDRs	0	0
Average balances of impaired loans	$ 626	$ 0
Single Family, Multifamily and Commercial Real Estate | Stated Interest Rate Reduction and Delinquent Property Taxes
Financing Receivable, Modifications [Line Items]
Financing receivable, modifications, repayment period by borrower	1 year

LOANS, LEASES & ALLOWANCE FOR54

LOANS, LEASES & ALLOWANCE FOR LOANS AND LEASE LOSSES - LOANS BY CREDIT QUALITY INDICATOR (Details) - USD ($) $ in Thousands		Sep. 30, 2016	Jun. 30, 2016
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		$ 6,605,747	$ 6,402,459
As a percentage of total gross loans and leases		100.00%	100.00%
Mortgage
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		$ 3,723,490	$ 3,678,520
Mortgage | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		3,653,750	3,601,587
Mortgage | Purchased
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		69,740	76,933
Home equity
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		2,223	2,470
Home equity | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		2,223	2,470
Warehouse and other
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	[1]	574,455	537,714
Warehouse and other | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		574,455	537,714
Multifamily real estate secured
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		1,402,485	1,373,216
Multifamily real estate secured | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		1,307,709	1,271,170
Multifamily real estate secured | Purchased
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		94,776	102,046
Commercial real estate secured
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		136,482	121,746
Commercial real estate secured | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		124,197	109,370
Commercial real estate secured | Purchased
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		12,285	12,376
Auto and RV secured
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		93,763	73,676
Auto and RV secured | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		93,763	73,676
Factoring
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		120,502	98,275
Factoring | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		120,502	98,275
Commercial and Industrial
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		551,180	514,300
Commercial and Industrial | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		551,180	514,300
Other
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		1,167	2,542
Pass
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		$ 6,543,722	$ 6,336,977
As a percentage of total gross loans and leases		99.10%	99.00%
Pass | Mortgage | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		$ 3,613,267	$ 3,563,430
Pass | Mortgage | Purchased
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		64,069	71,111
Pass | Home equity | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		2,174	2,420
Pass | Warehouse and other | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		573,394	534,868
Pass | Multifamily real estate secured | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		1,298,921	1,262,384
Pass | Multifamily real estate secured | Purchased
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		92,358	96,792
Pass | Commercial real estate secured | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		124,197	109,370
Pass | Commercial real estate secured | Purchased
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		10,052	10,110
Pass | Auto and RV secured | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		93,359	73,192
Pass | Factoring | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		120,502	98,275
Pass | Commercial and Industrial | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		550,866	513,310
Pass | Other
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		563	1,715
Special Mention
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		$ 14,173	$ 23,551
As a percentage of total gross loans and leases		0.20%	0.40%
Special Mention | Mortgage | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		$ 8,668	$ 10,938
Special Mention | Mortgage | Purchased
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		252	0
Special Mention | Home equity | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		17	17
Special Mention | Warehouse and other | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		1,061	2,846
Special Mention | Multifamily real estate secured | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		1,736	4,721
Special Mention | Multifamily real estate secured | Purchased
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		0	2,769
Special Mention | Commercial real estate secured | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		0	0
Special Mention | Commercial real estate secured | Purchased
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		2,001	2,012
Special Mention | Auto and RV secured | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		95	97
Special Mention | Factoring | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		0	0
Special Mention | Commercial and Industrial | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		314	0
Special Mention | Other
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		29	151
Substandard
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		$ 47,472	$ 41,931
As a percentage of total gross loans and leases		0.70%	0.60%
Substandard | Mortgage | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		$ 31,435	$ 27,219
Substandard | Mortgage | Purchased
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		5,419	5,822
Substandard | Home equity | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		32	33
Substandard | Warehouse and other | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		0	0
Substandard | Multifamily real estate secured | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		7,052	4,065
Substandard | Multifamily real estate secured | Purchased
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		2,418	2,485
Substandard | Commercial real estate secured | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		0	0
Substandard | Commercial real estate secured | Purchased
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		232	254
Substandard | Auto and RV secured | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		309	387
Substandard | Factoring | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		0	0
Substandard | Commercial and Industrial | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		0	990
Substandard | Other
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		575	676
Doubtful
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		$ 380	$ 0
As a percentage of total gross loans and leases		0.00%	0.00%
Doubtful | Mortgage | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		$ 380	$ 0
Doubtful | Mortgage | Purchased
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		0	0
Doubtful | Home equity | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		0	0
Doubtful | Warehouse and other | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		0	0
Doubtful | Multifamily real estate secured | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		0	0
Doubtful | Multifamily real estate secured | Purchased
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		0	0
Doubtful | Commercial real estate secured | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		0	0
Doubtful | Commercial real estate secured | Purchased
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		0	0
Doubtful | Auto and RV secured | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		0	0
Doubtful | Factoring | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		0	0
Doubtful | Commercial and Industrial | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		0	0
Doubtful | Other
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases		$ 0	$ 0
[1]	The balance of single family warehouse loans was $223,549 at September 30, 2016 and $173,148 at June 30, 2016. The remainder of the balance is attributable to single family lender finance loans.

LOANS, LEASES & ALLOWANCE FOR55

LOANS, LEASES & ALLOWANCE FOR LOANS AND LEASE LOSSES - PAST DUE LOANS (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Jun. 30, 2016
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	$ 43,531	$ 38,046
Total past due as a percent of gross loans and leases	0.66%	0.59%
30-59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	$ 10,712	$ 9,762
Total past due as a percent of gross loans and leases	0.16%	0.15%
60-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	$ 3,893	$ 2,170
Total past due as a percent of gross loans and leases	0.06%	0.03%
90 Plus Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	$ 28,926	$ 26,114
Total past due as a percent of gross loans and leases	0.44%	0.41%
Mortgage | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	$ 34,238	$ 28,780
Mortgage | Purchased
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	3,447	3,110
Mortgage | 30-59 Days Past Due | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	6,292	5,192
Mortgage | 30-59 Days Past Due | Purchased
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	1,007	572
Mortgage | 60-89 Days Past Due | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	3,689	1,866
Mortgage | 60-89 Days Past Due | Purchased
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	64	0
Mortgage | 90 Plus Days Past Due | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	24,257	21,722
Mortgage | 90 Plus Days Past Due | Purchased
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	2,376	2,538
Home equity | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	45	46
Home equity | 30-59 Days Past Due | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	0	0
Home equity | 60-89 Days Past Due | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	16	17
Home equity | 90 Plus Days Past Due | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	29	29
Multifamily real estate secured | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	4,362	4,385
Multifamily real estate secured | 30-59 Days Past Due | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	3,009	3,594
Multifamily real estate secured | 60-89 Days Past Due | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	0	0
Multifamily real estate secured | 90 Plus Days Past Due | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	1,353	791
Commercial real estate secured | Purchased
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	232	254
Commercial real estate secured | 30-59 Days Past Due | Purchased
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	0	0
Commercial real estate secured | 60-89 Days Past Due | Purchased
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	0	0
Commercial real estate secured | 90 Plus Days Past Due | Purchased
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	232	254
Auto and RV secured
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	574
Auto and RV secured | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total		440
Auto and RV secured | 30-59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	375
Auto and RV secured | 30-59 Days Past Due | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total		200
Auto and RV secured | 60-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	95
Auto and RV secured | 60-89 Days Past Due | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total		136
Auto and RV secured | 90 Plus Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	104
Auto and RV secured | 90 Plus Days Past Due | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total		104
Commercial and Industrial
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total		142
Commercial and Industrial | 30-59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total		142
Commercial and Industrial | 60-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total		0
Commercial and Industrial | 90 Plus Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total		0
Other
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	633	889
Other | 30-59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	29	62
Other | 60-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	29	151
Other | 90 Plus Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	$ 575	$ 676

SUBORNIDATED NOTES AND DEBENTUR

SUBORNIDATED NOTES AND DEBENTURES (Details) - USD ($)	Dec. 13, 2004	Mar. 31, 2016	Dec. 31, 2004	Sep. 30, 2016	Dec. 31, 2014
Debt Instrument [Line Items]
Subordinated notes issues		$ 51,000,000
Interest rate per annum (as a percentage)		6.25%
Proceeds from issuance of subordinated notes and debentures and other		$ 51,000,000
Debt issuance costs and discount (as a percentage)		3.15%
Trust preferred securities	$ 5,000,000
Junior Subordinated Debt
Debt Instrument [Line Items]
Junior subordinated debenture					$ 5,155,000
Variable rate basis			P3M
Basis spread on variable rate (as a percentage)			2.40%
Effective rate (as a percentage)				3.21711%

EQUITY AND STOCK-BASED COMPEN57

EQUITY AND STOCK-BASED COMPENSATION - NARRATIVE (Details)	Nov. 17, 2015	Sep. 30, 2016stock_incentive_planshares	Jun. 30, 2016shares	Mar. 17, 2016USD ($)	Nov. 30, 2015shares	Nov. 06, 2015shares	Oct. 31, 2015shares
Stock Award Compensation Expense
Common stock, shares authorized (in shares)		150,000,000	150,000,000		150,000,000		50,000,000
Common stock split, conversion ratio	4
Common stock, dividend issued, shares, stock split						3
Stock repurchase program, maximum amount authorized | $				$ 100,000,000
Stock Options
Stock Award Compensation Expense
Options outstanding, number outstanding (in shares)		0	0
Plans
Stock Award Compensation Expense
Number of stock incentive plans | stock_incentive_plan		2
Contractual term for options granted under plan		10 years
Plans | Minimum
Stock Award Compensation Expense
Vesting period for options granted		3 years
Plans | Maximum
Stock Award Compensation Expense
Vesting period for options granted		5 years
2014 Stock Incentive Plan | Stock Options
Stock Award Compensation Expense
Share reserved for issuance		3,680,000

EQUITY AND STOCK-BASED COMPEN58

EQUITY AND STOCK-BASED COMPENSATION - RESTRICTED STOCK AND RSUs (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Jun. 30, 2016
Stock Award Compensation Expense
Stock-based compensation expense	$ 3,037	$ 2,258
Restricted Stock Units (RSUs)
Stock Award Compensation Expense
Restricted stock grants	659,298		615,834
Vesting period for options granted	3 years	3 years
Annual vesting percentage	33.33%	33.33%
Restricted Stock Units (RSUs) | Employees and Directors
Stock Award Compensation Expense
Restricted stock grants	659,298	104,941
Restricted Stock Units (RSUs) | CEO
Stock Award Compensation Expense
Vesting period for options granted	4 years	4 years
Annual vesting percentage	25.00%	25.00%
Restricted Stock and Restricted Stock Units
Stock Award Compensation Expense
Stock-based compensation expense	$ 3,037	$ 2,258
Tax benefit from stock-based compensation	1,273	$ 938
Stock Award Compensation Expense
For the remainder of 2017	10,212
2,018	10,759
2,019	6,462
2,020	1,729
Unrecognized compensation expense, total	$ 29,162

EQUITY AND STOCK-BASED COMPEN59

EQUITY AND STOCK-BASED COMPENSATION - CHANGES IN RESTRICTED STOCK UNIT GRANTS (Details) - Restricted Stock Units (RSUs) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		12 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Jun. 30, 2016
Restricted Stock Unit Shares
Non-vested balance, beginning, Shares	1,059,726	1,135,088	1,135,088
Granted, Shares	659,298		615,834
Vested, Shares	(150,551)		(536,528)
Canceled, Shares	(22,074)		(154,668)
Non-vested balance, ending, Shares	1,546,399		1,059,726
Weighted-Average Grant-Date Fair Value
Non-vested balance, beginning, Weighted Average Grant Date Fair Value (in dollars per share)	$ 22.53	$ 17.01	$ 17.01
Granted, Weighted Average Grant Date Fair Value (in dollars per share)	19.44		26.60
Vested, Weighted Average Grant Date Fair Value (in dollars per share)	20.81		16.14
Canceled, Weighted Average Grant Date Fair Value (in dollars per share)	19.23		18.70
Non-vested balance, ending, Weighted Average Grant Date Fair Value (in dollars per share)	$ 21.43		$ 22.53
Total fair value of shares vested in the period	$ 2,996	$ 5,492

EARNINGS PER SHARE ("EPS") (Det

EARNINGS PER SHARE ("EPS") (Details) $ / shares in Units, $ in Thousands		Nov. 17, 2015	Sep. 30, 2016USD ($)$ / sharesshares	Sep. 30, 2015USD ($)$ / sharesshares
Earnings Per Share [Abstract]
Net income | $			$ 28,897	$ 25,501
Preferred stock dividends | $			(77)	(77)
Net income attributable to common shareholders | $			$ 28,820	$ 25,424
Average common shares issued and outstanding			63,284,174	62,483,856
Average unvested RSU shares			1,305,159	1,187,660
Total qualifying shares			64,589,333	63,671,516
Basic earnings per share, in dollars per share | $ / shares	[1],[2]		$ 0.45	$ 0.40
Diluted Earnings Per Common Share
Net income attributable to common shareholders | $			$ 28,820	$ 25,424
Dilutive net income attributable to common shareholders | $			$ 28,820	$ 25,424
Average common shares issued and outstanding			64,589,333	63,671,516
Dilutive effect of stock options (in shares)			0	21,320
Total dilutive common shares issued and outstanding			64,589,333	63,692,836
Diluted earnings per share, in dollars per share | $ / shares	[1],[2]		$ 0.45	$ 0.40
Common stock split, conversion ratio		4
[1]	Per share amounts have been retroactively restated for all prior periods presented to reflect the four-for-one forward split of the Company’s common stock effected in the form of a stock dividend that was distributed on November 17, 2015.
[2]	Share and per share amounts have been retroactively restated for all prior periods presented to reflect the four-for-one forward split of the Company’s common stock effected in the form of a stock dividend that was distributed on November 17, 2015

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Details) $ in Thousands	3 Months Ended
	Sep. 30, 2016USD ($)	Jun. 09, 2016claim	Feb. 02, 2016claim	Dec. 31, 2015claim
Shareholder Derivative Actions
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Loss contingency, number of pending claims | claim			5	2
Loss contingency, number of consolidated pending claims | claim		4
Loan Origination Commitments
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Off-balance sheet, loan origination commitment	$ 502,081
Loan Origination Commitments | Sales commitment
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Off-balance sheet, commitment	85,850
Loan Origination Commitments | Fixed Interest Rate
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Off-balance sheet, loan origination commitment	$ 102,504
Fixed interest rate minimum on commitments to extend credit	2.38%
Fixed interest rate maximum on commitments to extend credit	7.95%
Loan Origination Commitments | Fixed Interest Rate | Sales commitment
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Off-balance sheet, commitment	$ 84,335
Loan Origination Commitments | Variable Interest Rate
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Off-balance sheet, loan origination commitment	399,577
Loan Origination Commitments | Variable Interest Rate | Sales commitment
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Off-balance sheet, commitment	$ 1,515

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details) - loan	3 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Related Party Transactions [Abstract]
Number of related party loans granted	0	0
Number of related party loans refinanced	0	0

Uncategorized Items - bofi-2016

Label	Element	Value
Municipal Bonds [Member]
Held-to-maturity Securities, Accumulated Unrecognized Holding Gain	us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain	$ 5,610,000
Held-to-maturity Securities, Accumulated Unrecognized Holding Gain	us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain	0
Held-to-maturity Securities, Continuous Unrealized Loss Position, Accumulated Loss	us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss	0
Held-to-maturity Securities, Continuous Unrealized Loss Position, Accumulated Loss	us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss	0
Held-to-maturity Securities	us-gaap_HeldToMaturitySecurities	35,896,000
Held-to-maturity Securities	us-gaap_HeldToMaturitySecurities	0
Held-to-maturity Securities, Fair Value	us-gaap_HeldToMaturitySecuritiesFairValue	41,506,000
Held-to-maturity Securities, Fair Value	us-gaap_HeldToMaturitySecuritiesFairValue	0
Held-to-maturity Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss	0
Held-to-maturity Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss	0
Held-to-maturity Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss	0
Held-to-maturity Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss	0
Held-to-maturity Securities, Continuous Unrealized Loss Position, Fair Value	us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue	0
Held-to-maturity Securities, Continuous Unrealized Loss Position, Fair Value	us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue	0
Held-to-maturity Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue	0
Held-to-maturity Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue	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, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue	0
Held-to-maturity Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue	0
Agency, Residential Mortgage Backed Securities [Member]
Held-to-maturity Securities, Accumulated Unrecognized Holding Gain	us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain	843,000	[1]
Held-to-maturity Securities, Accumulated Unrecognized Holding Gain	us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain	0	[1]
Held-to-maturity Securities, Debt Maturities, Year Two Through Five, Fair Value	us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue	0
Held-to-maturity Securities, Continuous Unrealized Loss Position, Accumulated Loss	us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss	1,000
Held-to-maturity Securities, Continuous Unrealized Loss Position, Accumulated Loss	us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss	0
Held-to-maturity Securities	us-gaap_HeldToMaturitySecurities	35,067,000	[1]
Held-to-maturity Securities	us-gaap_HeldToMaturitySecurities	0	[1]
Held-to-maturity Securities, Debt Maturities, without Single Maturity Date, Net Carrying Amount	us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount	0
Held-to-maturity Securities, Fair Value	us-gaap_HeldToMaturitySecuritiesFairValue	35,909,000	[1]
Held-to-maturity Securities, Fair Value	us-gaap_HeldToMaturitySecuritiesFairValue	0	[1]
Held-to-maturity Securities, Debt Maturities, after One Through Five Years, Net Carrying Amount	us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount	0
Held-to-maturity Securities, Debt Maturities, after Five Through Ten Years, Net Carrying Amount	us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount	0
Held-to-maturity Securities, Debt Maturities, within One Year, Net Carrying Amount	us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount	0
Held-to-maturity Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss	0
Held-to-maturity Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss	0
Held-to-maturity Securities, Debt Maturities, after Ten Years, Net Carrying Amount	us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount	0
Held-to-maturity Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss	1,000
Held-to-maturity Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss	0
Held-to-maturity Securities, Debt Maturities, Next Twelve Months, Fair Value	us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearFairValue	0
Held-to-maturity Securities, Continuous Unrealized Loss Position, Fair Value	us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue	129,000
Held-to-maturity Securities, Continuous Unrealized Loss Position, Fair Value	us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue	0
Held-to-maturity Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue	0
Held-to-maturity Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue	0
Held-to-maturity Securities, Debt Maturities, after Ten Years, Fair Value	us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsFairValue	0
Held-to-maturity Securities, Accumulated Unrecognized Holding Loss	us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss	1,000	[1]
Held-to-maturity Securities, Accumulated Unrecognized Holding Loss	us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss	0	[1]
Held-to-maturity Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue	129,000
Held-to-maturity Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue	0
Held-to-maturity Securities, Debt Maturities, Year Six Through Ten, Fair Value	us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue	0
Non-Agency, Residential Mortgage Backed Securities [Member]
Held-to-maturity Securities, Accumulated Unrecognized Holding Gain	us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain	7,095,000	[2]
Held-to-maturity Securities, Accumulated Unrecognized Holding Gain	us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain	0	[2]
Held-to-maturity Securities, Debt Maturities, Year Two Through Five, Fair Value	us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue	0
Held-to-maturity Securities, Continuous Unrealized Loss Position, Accumulated Loss	us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss	10,044,000
Held-to-maturity Securities, Continuous Unrealized Loss Position, Accumulated Loss	us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss	0
Held-to-maturity Securities	us-gaap_HeldToMaturitySecurities	128,211,000	[2]
Held-to-maturity Securities	us-gaap_HeldToMaturitySecurities	0	[2]
Held-to-maturity Securities, Debt Maturities, without Single Maturity Date, Net Carrying Amount	us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount	0
Held-to-maturity Securities, Fair Value	us-gaap_HeldToMaturitySecuritiesFairValue	125,262,000	[2]
Held-to-maturity Securities, Fair Value	us-gaap_HeldToMaturitySecuritiesFairValue	0	[2]
Held-to-maturity Securities, Debt Maturities, after One Through Five Years, Net Carrying Amount	us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount	0
Held-to-maturity Securities, Debt Maturities, after Five Through Ten Years, Net Carrying Amount	us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount	0
Held-to-maturity Securities, Debt Maturities, within One Year, Net Carrying Amount	us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount	0
Held-to-maturity Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss	9,625,000
Held-to-maturity Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss	0
Held-to-maturity Securities, Debt Maturities, after Ten Years, Net Carrying Amount	us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount	0
Held-to-maturity Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss	419,000
Held-to-maturity Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss	0
Held-to-maturity Securities, Debt Maturities, Next Twelve Months, Fair Value	us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearFairValue	0
Held-to-maturity Securities, Continuous Unrealized Loss Position, Fair Value	us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue	68,383,000
Held-to-maturity Securities, Continuous Unrealized Loss Position, Fair Value	us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue	0
Held-to-maturity Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue	53,372,000
Held-to-maturity Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue	0
Held-to-maturity Securities, Debt Maturities, after Ten Years, Fair Value	us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsFairValue	0
Held-to-maturity Securities, Accumulated Unrecognized Holding Loss	us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss	10,044,000	[2]
Held-to-maturity Securities, Accumulated Unrecognized Holding Loss	us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss	0	[2]
Held-to-maturity Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue	15,011,000
Held-to-maturity Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue	0
Held-to-maturity Securities, Debt Maturities, Year Six Through Ten, Fair Value	us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue	0
Non-Agency Securities [Member]
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, Continuous Unrealized Loss Position, Accumulated Loss	us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss	0
Held-to-maturity Securities, Continuous Unrealized Loss Position, Accumulated Loss	us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss	0
Held-to-maturity Securities	us-gaap_HeldToMaturitySecurities	0
Held-to-maturity Securities	us-gaap_HeldToMaturitySecurities	0
Held-to-maturity Securities, Fair Value	us-gaap_HeldToMaturitySecuritiesFairValue	0
Held-to-maturity Securities, Fair Value	us-gaap_HeldToMaturitySecuritiesFairValue	0
Held-to-maturity Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss	0
Held-to-maturity Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss	0
Held-to-maturity Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss	0
Held-to-maturity Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss	0
Held-to-maturity Securities, Continuous Unrealized Loss Position, Fair Value	us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue	0
Held-to-maturity Securities, Continuous Unrealized Loss Position, Fair Value	us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue	0
Held-to-maturity Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue	0
Held-to-maturity Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue	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, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue	0
Held-to-maturity Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue	$ 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.