Axos Financial (AX) 10-Q 29 Jan 20 2020 Q2 Quarterly report Financial data

COVER PAGE

COVER PAGE - shares	6 Months Ended
	Dec. 31, 2019	Jan. 22, 2020
Entity Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Dec. 31, 2019
Document Transition Report	false
Entity File Number	001-37709
Entity Registrant Name	AXOS FINANCIAL, INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	33-0867444
Entity Address, Address Line One	9205 West Russell Road, STE 400
Entity Address, City or Town	Las Vegas
Entity Address, State or Province	NV
Entity Address, Postal Zip Code	89148
City Area Code	858
Local Phone Number	649-2218
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		61,349,034
Entity Central Index Key	0001299709
Current Fiscal Year End Date	--06-30
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q2
Amendment Flag	false
Common Stock
Entity Information [Line Items]
Title of 12(b) Security	Common stock, $0.01 par value
Trading Symbol	AX
Security Exchange Name	NYSE
Subordinated Notes Due 2026
Entity Information [Line Items]
Title of 12(b) Security	6.25% Subordinated Notes Due 2026
Trading Symbol	AXO
Security Exchange Name	NYSE

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2019	Jun. 30, 2019
ASSETS
Cash and cash equivalents	$ 773,300	$ 511,225
Cash segregated for regulatory purposes	252,875	346,143
Total cash, cash equivalents, and cash segregated	1,026,175	857,368
Securities - Trading	1,740	0
Securities - Available-for-sale	208,026	227,513
Stock of regulatory agencies	20,276	20,276
Loans held for sale, carried at fair value	36,092	33,260
Loans held for sale, lower of cost or fair value	3,430	4,800
Loans and leases—net of allowance for loan and lease losses of $59,514 as of December 31, 2019 and $57,085 as of June 30, 2019	10,141,397	9,382,124
Mortgage servicing rights, carried at fair value	11,262	9,784
Other real estate owned and repossessed vehicles	7,556	7,485
Goodwill and other intangible assets—net	130,534	134,893
Securities borrowed	168,114	144,706
Customer, broker-dealer and clearing receivables	244,379	203,192
Other assets	270,307	194,837
TOTAL ASSETS	12,269,288	11,220,238
Deposits:
Non-interest bearing	2,609,311	1,441,930
Interest bearing	7,505,029	7,541,243
Total deposits	10,114,340	8,983,173
Advances from the Federal Home Loan Bank	257,500	458,500
Borrowings, subordinated notes and debentures	62,233	168,929
Securities loaned	206,199	198,356
Customer, broker-dealer and clearing payables	305,669	238,604
Accounts payable and accrued liabilities and other liabilities	162,595	99,626
Total liabilities	11,108,536	10,147,188
COMMITMENTS AND CONTINGENCIES (Note 10)
STOCKHOLDERS’ EQUITY:
Common stock—$0.01 par value; 150,000,000 shares authorized; 66,915,478 shares issued and 61,338,386 shares outstanding as of December 31, 2019; 66,563,922 shares issued and 61,128,817 shares outstanding as of June 30, 2019	669	666
Additional paid-in capital	399,806	389,945
Accumulated other comprehensive income (loss)—net of tax	(247)	16
Retained earnings	908,096	826,170
Treasury stock, at cost; 5,577,092 shares as of December 31, 2019 and 5,435,105 shares as of June 30, 2019	(152,635)	(148,810)
Total stockholders’ equity	1,160,752	1,073,050
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	12,269,288	11,220,238
Series A Preferred Stock
STOCKHOLDERS’ EQUITY:
Preferred stock—$0.01 par value; 1,000,000 shares authorized; Series A-$10,000 stated value and liquidation preference per share; 515 shares issued and outstanding as of December 31, 2019 and June 30, 2019	$ 5,063	$ 5,063

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2019	Jun. 30, 2019
ASSETS
Allowance for loan and lease losses	$ 59,514	$ 57,085
STOCKHOLDERS’ EQUITY:
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	150,000,000	150,000,000
Common stock, issued (in shares)	66,915,478	66,563,922
Common stock, shares outstanding (in shares)	61,338,386	61,128,817
Preferred stock, par or stated value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	1,000,000	1,000,000
Treasury stock, at cost (in shares)	5,577,092	5,435,105
Series A Preferred Stock
STOCKHOLDERS’ EQUITY:
Preferred stock, par or stated value (in dollars per share)	$ 10,000	$ 10,000
Preferred stock, liquidation preference (in dollars per share)	$ 10,000	$ 10,000
Preferred stock, shares issued (in shares)	515	515
Preferred stock, shares outstanding (in shares)	515	515

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2019	Dec. 31, 2018
INTEREST AND DIVIDEND INCOME:
Loans and leases, including fees	$ 136,602	$ 123,275	$ 270,489	$ 239,868
Securities borrowed and customer receivables	3,865	0	9,207	0
Investments	6,821	7,964	13,937	14,168
Total interest and dividend income	147,288	131,239	293,633	254,036
INTEREST EXPENSE:
Deposits	32,914	25,985	71,720	54,666
Advances from the Federal Home Loan Bank	4,495	11,574	6,259	18,482
Securities loaned	163	0	449	0
Other borrowings	1,296	960	3,482	1,889
Total interest expense	38,868	38,519	81,910	75,037
Net interest income	108,420	92,720	211,723	178,999
Provision for loan and lease losses	4,500	4,950	7,200	5,550
Net interest income, after provision for loan and lease losses	103,920	87,770	204,523	173,449
NON-INTEREST INCOME:
Realized gain (loss) on sale of securities	0	0	0	(133)
Prepayment penalty fee income	2,006	2,467	3,418	3,371
Gain on sale – other	1,924	1,943	5,746	5,076
Mortgage banking income	2,224	792	5,018	2,607
Broker-dealer fee income	5,555	0	11,211	0
Banking and service fees	9,498	11,690	17,350	22,514
Total non-interest income	21,207	16,892	42,743	33,435
NON-INTEREST EXPENSE:
Salaries and related costs	33,958	29,146	70,675	59,808
Data processing	7,410	4,913	15,221	9,648
Depreciation and amortization	6,040	3,567	11,264	6,583
Advertising and promotional	4,043	3,205	7,833	7,630
Professional services	3,112	2,345	4,701	4,203
Occupancy and equipment	3,122	1,797	5,960	3,399
FDIC and regulatory fees	939	1,528	1,130	4,454
Broker-dealer clearing charges	1,860	0	3,868	0
General and administrative expense	6,481	4,432	11,780	8,130
Total non-interest expense	66,965	50,933	132,432	103,855
INCOME BEFORE INCOME TAXES	58,162	53,729	114,834	103,029
INCOME TAXES	16,867	14,894	32,753	27,353
NET INCOME	41,295	38,835	82,081	75,676
NET INCOME ATTRIBUTABLE TO COMMON STOCK	41,217	38,757	81,926	75,521
COMPREHENSIVE INCOME	$ 40,515	$ 39,015	$ 81,818	$ 76,062
Basic earnings per common share (in dollars per share)	$ 0.67	$ 0.62	$ 1.34	$ 1.21
Diluted earnings per common share (in dollars per share)	$ 0.67	$ 0.62	$ 1.32	$ 1.20

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2019	Dec. 31, 2018
Statement of Comprehensive Income [Abstract]
NET INCOME	$ 41,295	$ 38,835	$ 82,081	$ 75,676
Net unrealized gain (loss) from available-for-sale securities, net of tax expense (benefit) of $(327) and $67 for the three and $(110) and $20 for six months ended December 31, 2019 and 2018, respectively.	(780)	180	(263)	292
Reclassification of net (gain) loss from available-for-sale securities included in income, net of tax expense (benefit) of $(39) for the six months ended December 31, 2018	0	0	0	94
Other comprehensive income (loss)	(780)	180	(263)	386
Comprehensive income	$ 40,515	$ 39,015	$ 81,818	$ 76,062

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2019	Dec. 31, 2018
Statement of Comprehensive Income [Abstract]
Net unrealized gain (loss) from available-for-sale securities, tax expense (benefit)	$ (327)	$ 67	$ (110)	$ 20
Reclassification of net (gain) loss from available-for-sale securities included in income, tax expense (benefit)	$ 0	$ 0	$ 0	$ (39)

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($) $ in Thousands	Total	Preferred Stock	Common Stock	Treasury	Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Income (Loss), Net of Income Tax
Preferred stock, beginning balance (in shares) at Jun. 30, 2018		515
Stockholder's equity, beginning balance at Jun. 30, 2018	$ 960,513	$ 5,063	$ 658	$ (82,458)	$ 366,515	$ 671,348	$ (613)
Common stock, issued, beginning balance (in shares) at Jun. 30, 2018			65,796,060
Common stock, treasury and outstanding, beginning balance (in shares) at Jun. 30, 2018			62,688,064	(3,107,996)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	75,676					75,676
Other comprehensive income (loss)	386						386
Cash dividends on preferred stock	(155)					(155)
Purchase of treasury stock (in shares)			(1,704,528)	(1,704,528)
Purchase of treasury stock	(47,881)			$ (47,881)
Stock-based compensation expense and restricted stock unit vesting and tax benefits, issued (in shares)			373,341
Stock-based compensation expense and restricted stock unit vesting and tax benefits, treasury (in shares)				(149,134)
Restricted stock unit vesting and tax benefits, outstanding (in shares)			224,207
Stock-based compensation expense and restricted stock unit vesting	5,862		$ 4	$ (5,316)	11,174
Preferred stock, ending balance (in shares) at Dec. 31, 2018		515
Stockholder's equity, ending balance at Dec. 31, 2018	994,401	$ 5,063	$ 662	$ (135,655)	377,689	746,869	(227)
Common stock, issued, ending balance (in shares) at Dec. 31, 2018			66,169,401
Common stock, treasury and outstanding, ending balance (in shares) at Dec. 31, 2018			61,207,743	(4,961,658)
Preferred stock, beginning balance (in shares) at Sep. 30, 2018		515
Stockholder's equity, beginning balance at Sep. 30, 2018	1,000,247	$ 5,063	$ 660	$ (86,545)	373,364	708,112	(407)
Common stock, issued, beginning balance (in shares) at Sep. 30, 2018			66,043,642
Common stock, treasury and outstanding, beginning balance (in shares) at Sep. 30, 2018			62,831,731	(3,211,911)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	38,835					38,835
Other comprehensive income (loss)	180						180
Cash dividends on preferred stock	(78)					(78)
Purchase of treasury stock (in shares)			(1,704,528)	(1,704,528)
Purchase of treasury stock	(47,881)			$ (47,881)
Stock-based compensation expense and restricted stock unit vesting and tax benefits, issued (in shares)			125,759
Stock-based compensation expense and restricted stock unit vesting and tax benefits, treasury (in shares)				(45,219)
Restricted stock unit vesting and tax benefits, outstanding (in shares)			80,540
Stock-based compensation expense and restricted stock unit vesting	3,098		$ 2	$ (1,229)	4,325
Preferred stock, ending balance (in shares) at Dec. 31, 2018		515
Stockholder's equity, ending balance at Dec. 31, 2018	994,401	$ 5,063	$ 662	$ (135,655)	377,689	746,869	(227)
Common stock, issued, ending balance (in shares) at Dec. 31, 2018			66,169,401
Common stock, treasury and outstanding, ending balance (in shares) at Dec. 31, 2018			61,207,743	(4,961,658)
Preferred stock, beginning balance (in shares) at Jun. 30, 2019		515
Stockholder's equity, beginning balance at Jun. 30, 2019	$ 1,073,050	$ 5,063	$ 666	$ (148,810)	389,945	826,170	16
Common stock, issued, beginning balance (in shares) at Jun. 30, 2019	66,563,922		66,563,922
Common stock, treasury and outstanding, beginning balance (in shares) at Jun. 30, 2019	61,128,817		61,128,817	(5,435,105)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	$ 82,081					82,081
Other comprehensive income (loss)	(263)						(263)
Cash dividends on preferred stock	(155)					(155)
Stock-based compensation expense and restricted stock unit vesting and tax benefits, issued (in shares)			351,556
Stock-based compensation expense and restricted stock unit vesting and tax benefits, treasury (in shares)				(141,987)
Restricted stock unit vesting and tax benefits, outstanding (in shares)			209,569
Stock-based compensation expense and restricted stock unit vesting	6,039		$ 3	$ (3,825)	9,861
Preferred stock, ending balance (in shares) at Dec. 31, 2019		515
Stockholder's equity, ending balance at Dec. 31, 2019	$ 1,160,752	$ 5,063	$ 669	$ (152,635)	399,806	908,096	(247)
Common stock, issued, ending balance (in shares) at Dec. 31, 2019	66,915,478		66,915,478
Common stock, treasury and outstanding, ending balance (in shares) at Dec. 31, 2019	61,338,386		61,338,386	(5,577,092)
Preferred stock, beginning balance (in shares) at Sep. 30, 2019		515
Stockholder's equity, beginning balance at Sep. 30, 2019	$ 1,116,240	$ 5,063	$ 668	$ (151,807)	394,904	866,879	533
Common stock, issued, beginning balance (in shares) at Sep. 30, 2019			66,837,037
Common stock, treasury and outstanding, beginning balance (in shares) at Sep. 30, 2019			61,287,595	(5,549,442)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	41,295					41,295
Other comprehensive income (loss)	(780)						(780)
Cash dividends on preferred stock	(78)					(78)
Stock-based compensation expense and restricted stock unit vesting and tax benefits, issued (in shares)			78,441
Stock-based compensation expense and restricted stock unit vesting and tax benefits, treasury (in shares)				(27,650)
Restricted stock unit vesting and tax benefits, outstanding (in shares)			50,791
Stock-based compensation expense and restricted stock unit vesting	4,075		$ 1	$ (828)	4,902
Preferred stock, ending balance (in shares) at Dec. 31, 2019		515
Stockholder's equity, ending balance at Dec. 31, 2019	$ 1,160,752	$ 5,063	$ 669	$ (152,635)	$ 399,806	$ 908,096	$ (247)
Common stock, issued, ending balance (in shares) at Dec. 31, 2019	66,915,478		66,915,478
Common stock, treasury and outstanding, ending balance (in shares) at Dec. 31, 2019	61,338,386		61,338,386	(5,577,092)

CONDENSED CONSOLIDATED STATEM_5

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 82,081	$ 75,676
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Accretion of discounts on securities	483	(211)
Net accretion on securities and loans and leases	(606)	(926)
Amortization of borrowing costs	104	104
Amortization of operating lease right of use asset	(2,680)	0
Stock-based compensation expense	9,864	11,178
Net (gain) loss on sale of investment securities	0	133
Provision for loan and lease losses	7,200	5,550
Deferred income taxes	(1,414)	(276)
Origination of loans held for sale	(994,004)	(913,132)
Unrealized (gain) loss on loans held for sale	23	227
Gain on sales of loans held for sale	(10,764)	(7,683)
Proceeds from sale of loans held for sale	999,908	939,295
Change in fair value of mortgage servicing rights	1,272	854
(Gain) loss on sale of other real estate and foreclosed assets	(71)	(202)
Depreciation and amortization	11,264	6,583
Net changes in assets and liabilities which provide (use) cash:
Securities borrowed	(23,408)	0
Customer, broker-dealer and clearing receivables	(41,187)	0
Other assets	33,755	2,330
Securities loaned	7,843	0
Customer, broker-dealer and clearing payables	67,065	0
Accounts payable and other liabilities	(18,074)	(3,968)
Net cash provided by (used in) operating activities	128,654	115,532
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of investment securities	(139,490)	(68,786)
Proceeds from sales of securities	0	1,927
Proceeds from repayment of securities	157,703	30,863
Purchase of stock of regulatory agencies	(27,532)	(97,459)
Proceeds from redemption of stock of regulatory agencies	27,532	97,459
Origination of loans and leases held for investment	(2,766,687)	(3,141,647)
Proceeds from sale of loans and leases held for investment	14,587	39,408
Origination of mortgage warehouse loans, net	(130,231)	(44,970)
Proceeds from sales of other real estate owned and repossessed assets	412	1,506
Cash paid for deposit acquisition	0	(14,747)
Purchases of loans and leases, net of discounts and premiums	0	(11,525)
Principal repayments on loans and leases	2,090,614	2,549,781
Purchases of furniture, equipment and software	(6,064)	(10,963)
Net cash used in investing activities	(779,156)	(669,153)
CASH FLOWS FROM FINANCING ACTIVITIES:
Net increase (decrease) in deposits	1,131,166	355,170
Net (repayment) proceeds of the Federal Home Loan Bank term advances	30,000
Net (repayment) proceeds of the Federal Home Loan Bank term advances		(132,500)
Net (repayment) proceeds of Federal Home Loan Bank other advances	(231,000)	18,000
Repayments of borrowings	(106,800)	0
Tax payments related to settlement of restricted stock units	(3,825)	(5,316)
Repurchase of treasury stock	0	(47,881)
Cash dividends paid on preferred stock	(232)	(155)
Net cash provided by financing activities	819,309	187,318
NET CHANGE IN CASH AND CASH EQUIVALENTS	168,807	(366,303)
CASH AND CASH EQUIVALENTS—Beginning of year	857,368	622,850
CASH AND CASH EQUIVALENTS—End of period	1,026,175	256,547
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Interest paid on deposits and borrowed funds	81,728	74,220
Income taxes paid	27,671	20,300
Transfers to other real estate and repossessed vehicles	446	386
Transfers from loans and leases held for investment to loans held for sale	40,025	58,098
Loans and leases held for investment sold, cash not received	28,742	33,996
Operating lease liabilities for obtaining right of use assets	$ 79,746	$ 0

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Dec. 31, 2019
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The condensed consolidated financial statements include the accounts of Axos Financial, Inc. (“Axos”) and its wholly owned subsidiaries, Axos Bank (the “Bank”) and Axos Nevada Holding, LLC (the “Axos Nevada Holding” and collectively, the “Company”). Axos Nevada Holding wholly owns its subsidiary Axos Securities, LLC, which wholly owns subsidiaries Axos Clearing LLC (“Axos Clearing”), a clearing broker dealer, Axos Invest, Inc., a registered investment advisor, and Axos Invest LLC, an introducing broker dealer. All significant intercompany balances and transactions have been eliminated in consolidation. The accompanying interim condensed consolidated financial statements, presented in accordance with accounting principles generally accepted in the United States of America (“GAAP”), are unaudited and reflect all adjustments which, in the opinion of management, are necessary for a fair statement of financial condition and results of operations for the interim periods. All adjustments are of a normal and recurring nature. Results for the six months ended December 31, 2019 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, 2019 included in our Annual Report on Form 10-K. Certain reclassifications to dividend and interest income line items for the six months ended December 31, 2019 have been made to conform to the current period presentation. The reclassifications had no effect on total dividend and interest income, net interest income, net income or stockholders’ equity for any period. Business Segments. The Company determines reportable segments based on the services offered, the significance of the services offered, the significance of those services to the Company’s financial condition and operating results and management’s regular review of the operating results of those services. The Company operates through two operating segments: Banking Business and Securities Business. Please refer to “Note 12 - Segment Reporting” for further information on the reporting for the Company’s two business segments. New Accounting Standards Accounting Standards Adopted During Fiscal 2020 Leases. In February 2016, the FASB issued ASU 2016-02, Leases , as amended in July 2018 by ASU 2018-10 Codification Improvements to Topic 842, Leases and ASU 2018-11 Leases (Topic 842): Targeted Improvements. On July 1, 2019, the Company adopted the new accounting standards that require lessees to recognize operating leases on the balance sheet as right-of-use assets and lease liabilities based on the value of the discounted future lease payments. Lessor accounting is largely unchanged. The Company elected to retain prior determinations of whether an existing contract contains a lease and how the lease should be classified. The Company elected to recognize leases existing on July 1, 2019 through a modified retrospective transition approach. The Company will not adjust comparative periods based on the newly adopted guidance. Upon adoption, the Company also recognized right-of-use assets $77.8 million and lease liabilities of $79.7 million . Lessor Arrangements. The Company provides equipment financing to its customers through a variety of lessor arrangements. Direct financing leases and sales-type leases are carried at the aggregate of lease payments receivable plus the estimated residual value of the leased property less unearned income, which is accreted to interest income over the lease terms using methods that approximate the interest method. Operating lease income is recognized on a straight-line basis. Leases generally do not contain non-lease components. Lessee Arrangements. Substantially all of the Company’s lessee arrangements are operating leases. Under these arrangements, the Company records right-of-use assets and lease liabilities at lease commencement. Right-of-use assets are reported in other assets on the December 31, 2019 unaudited Condensed Consolidated Balance Sheet, and the related lease liabilities are reported in accounts payable and accrued liabilities and other liabilities. All leases are recorded on the unaudited Condensed Consolidated Balance Sheet except leases with an initial term less than 12 months for which the Company made the short-term lease election. Lease expense is recognized on a straight-line basis over the lease term and is recorded in occupancy and equipment expense in the unaudited Condensed Consolidated Statements of Income. The Company made an accounting policy election not to separate lease and non-lease components of a contract that is or contains a lease for its real estate and equipment leases. As such, lease payments represent payments on both lease and non-lease components. At lease commencement, lease liabilities are recognized based on the present value of the remaining lease payments and discounted using the Company’s incremental borrowing rate. Right-of-use assets initially equal the lease liability, adjusted for any lease payments made prior to lease commencement and for any lease incentives. Accounting Standards Issued But Not Yet Adopted 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. The Company’ working group is progressing in accordance with its implementation plan, has significantly completed model development, and plans to review the Company’s methodology and model with third-party consultants in the next two quarters. The Company expects ASU 2016-13 to have a material impact on the Company’s unaudited condensed consolidated financial statements.

REVENUE RECOGNITION

REVENUE RECOGNITION	6 Months Ended
	Dec. 31, 2019
Revenue from Contract with Customer [Abstract]
REVENUE RECOGNITION	REVENUE RECOGNITION The following presents non-interest income, segregated by revenue streams in-scope and out-of-scope of Topic 606, for the periods indicated: Three Months Ended Six Months Ended December 31, December 31, (Dollars in thousands, except per share data) 2019 2018 2019 2018 Non-interest income Deposit service fees $ 2,475 $ 2,471 $ 2,837 $ 2,679 Card fees 1,291 1,166 2,621 2,920 Broker-dealer clearing fees 5,555 — 11,211 — Bankruptcy trustee and fiduciary service fees 359 2,007 1,224 4,210 Non-interest income (in-scope of Topic 606) 9,680 5,644 17,893 9,809 Non-interest income (out-of-scope of Topic 606) 11,527 11,248 24,850 23,626 Total non-interest income $ 21,207 $ 16,892 $ 42,743 $ 33,435

ACQUISITIONS

ACQUISITIONS	6 Months Ended
	Dec. 31, 2019
Business Combinations [Abstract]
ACQUISITIONS	ACQUISITIONS The Company completed two business acquisitions and two asset acquisitions during the fiscal year ended June 30, 2019 . The Company had no acquisitions during the six months ended December 31, 2019 . The pro forma results of operations and the results of operations for the acquisitions since the acquisition date have not been separately disclosed because the effects were not material to the consolidated financial statements. The purchase transactions are detailed below. MWABank deposit acquisition . On March 15, 2019, the Bank closed the deposit assumption agreement with MWA Bank and acquired approximately $173 million of deposits, including approximately $151 million of checking, savings and money market accounts and $22 million of time deposits, from MWABank. Axos did not assume any assets, employees or branches in this transaction. The Bank received cash equal to the book value of the deposit liabilities. WiseBanyan . On February 26, 2019 the Company’s subsidiary, Axos Securities, LLC, had completed the acquisition of WiseBanyan Holding, Inc. and its subsidiaries (collectively “WiseBanyan”). Headquartered in Las Vegas, Nevada, WiseBanyan is a provider of personal financial and investment management services through a proprietary technology platform. WiseBanyan currently serves approximately 24,000 clients with approximately $150 million of assets under management. The Company paid $3.2 million in cash to acquire the assets of WiseBanyan and recorded $2.7 million in intangible assets. COR Securities Holdings. On January 28, 2019 (“Acquisition Date”), Axos Clearing, LLC and Axos Clarity MergeCo., Inc. completed the acquisition of COR Securities Holdings Inc.(“COR Securities”), the parent company of COR Clearing LLC (“COR Clearing”), pursuant to the terms of the Agreement and Plan of Merger, dated as of September 28, 2018 (the “Merger Agreement”). Headquartered in Omaha, Nebraska, COR Clearing is a full-service correspondent clearing firm for independent broker-dealers. Established as a part of Mutual of Omaha Insurance Company and spun off as Legent Clearing in 2002, COR Clearing provides clearing, settlement, custody, securities and margin lending, and technology solutions to more than sixty introducing broker-dealers and 90,000 customers. The total cash consideration of approximately $80.9 million was funded with existing capital. The Company issued subordinated notes totaling $7.5 million to the principal stockholders of COR Securities in an equal principal amount, with a maturity of 15 months, to serve as the sole source of payment of indemnification obligations of the principal stakeholders of COR Securities under the Merger Agreement. The acquisition of COR Securities is being accounted for as a business combination using the acquisition method of accounting and, accordingly, assets acquired, liabilities assumed, and consideration paid are recorded at estimated fair values on the Acquisition Date. The Company recorded goodwill of $35.5 million and an additional $20.1 million in intangible assets as of the Acquisition Date. Included in the professional services line of the statement of income the Company recognized $0.4 million in transaction costs. The consideration paid for COR Securities common equity and the provisional fair values of acquired identifiable assets and liabilities assumed as of the Acquisition Date were as follows: (Dollars in thousands) January 28, 2019 ASSETS Cash and due from banks $ 16,604 Cash segregated for regulatory purposes 142,016 Securities, available for sale 9,585 Stock of the regulatory agencies, at cost 2,431 Furniture, equipment and software—net — Securities borrowed 157,898 Customer, broker-dealer and clearing receivables 234,352 Other assets 5,487 Total identifiable assets $ 568,373 LIABILITIES AND STOCKHOLDERS’ EQUITY Notes payable to banks $ 85,100 Securities loaned 203,041 Customer, broker-dealer and clearing payables 240,110 Deferred income tax — Accounts payable and accrued liabilities 7,383 Total identifiable liabilities $ 535,634 Goodwill $ 35,501 Intangible assets 20,120 Total cash purchase price $ 80,860 Notes issued $ 7,500 Total fair value of consideration paid 88,360 Nationwide Bank deposit acquisition . On November 16, 2018, the Bank completed the acquisition of substantially all of Nationwide Bank’s (“Nationwide”) deposits at the time of closing, adding $2.4 billion in deposits, including $0.7 billion in checking, savings and money market accounts and $1.7 billion in time deposit accounts. The Bank received cash for the deposit balances transferred less a premium of $13.5 million , commensurate with the fair market value of the deposits purchased.

FAIR VALUE

FAIR VALUE	6 Months Ended
	Dec. 31, 2019
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 following table sets forth the Company’s financial assets and liabilities measured at fair value on a recurring basis at December 31, 2019 and June 30, 2019 . Assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement: December 31, 2019 (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: Municipal $ — $ 1,740 $ — $ 1,740 Securities—Available-for-Sale: Agency Debt 1 $ — $ 1,689 $ — $ 1,689 Agency RMBS 1 — 12,171 — 12,171 Non-Agency RMBS 2 — — 12,787 12,787 Municipal — 10,376 — 10,376 Asset-backed securities and structured notes — 171,003 — 171,003 Total—Securities—Available-for-Sale $ — $ 195,239 $ 12,787 $ 208,026 Loans Held for Sale $ — $ 36,092 $ — $ 36,092 Mortgage servicing rights $ — $ — $ 11,262 $ 11,262 Other assets—Derivative instruments $ — $ — $ 1,348 $ 1,348 LIABILITIES: Other liabilities—Derivative instruments $ — $ — $ 331 $ 331 June 30, 2019 (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—Available-for-Sale: Agency Debt 1 $ — $ 1,685 $ — $ 1,685 Agency RMBS 1 — 9,586 — 9,586 Non-Agency RMBS 2 — — 13,025 13,025 Municipal — 21,162 — 21,162 Asset-backed securities and structured notes — 182,055 — 182,055 Total—Securities—Available-for-Sale $ — $ 214,488 $ 13,025 $ 227,513 Loans Held for Sale $ — $ 33,260 $ — $ 33,260 Mortgage servicing rights $ — $ — $ 9,784 $ 9,784 Other assets—Derivative instruments $ — $ — $ 1,978 $ 1,978 LIABILITIES: Other liabilities—Derivative instruments $ — $ — $ 732 $ 732 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 Alt-A or pay-option ARM mortgages. The following tables present additional information about assets measured at fair value on a recurring basis and for which the Company has utilized Level 3 inputs to determine fair value: For the Three Months Ended December 31, 2019 (Dollars in thousands) Securities – Available-for-Sale: Non-Agency RMBS Mortgage Servicing Rights Derivative Instruments, net Total Opening balance $ 13,132 $ 10,632 $ 1,727 $ 25,491 Total gains or losses for the period: Included in earnings—Mortgage banking income — (589 ) (710 ) (1,299 ) Included in other comprehensive income 151 — — 151 Purchases/originations — 1,219 — 1,219 Settlements (496 ) — — (496 ) Closing balance $ 12,787 $ 11,262 $ 1,017 $ 25,066 Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period $ — $ (589 ) $ (710 ) $ (1,299 ) For the Six Months Ended December 31, 2019 (Dollars in thousands) Securities – Available-for-Sale: Non-Agency RMBS Mortgage Servicing Rights Derivative Instruments, net Total Opening Balance $ 13,025 $ 9,784 $ 1,246 $ 24,055 Total gains or losses for the period: Included in earnings—Mortgage banking income — (1,272 ) (229 ) (1,501 ) Included in other comprehensive income 840 — — 840 Purchases — 2,750 — 2,750 Settlements (1,078 ) — — (1,078 ) Closing balance $ 12,787 $ 11,262 $ 1,017 $ 25,066 Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period $ — $ (1,272 ) $ (229 ) $ (1,501 ) For the Three Months Ended December 31, 2018 (Dollars in thousands) Securities – Available-for-Sale: Non-Agency RMBS Mortgage Servicing Rights Derivative Instruments, net Total Opening balance $ 14,970 $ 11,216 $ 992 $ 27,178 Total gains or losses for the period: Included in earnings—Mortgage banking income — (566 ) (523 ) (1,089 ) Included in other comprehensive income 108 — — 108 Purchases/originations — 565 — 565 Settlements (657 ) — — (657 ) Closing balance $ 14,421 $ 11,215 $ 469 $ 26,105 Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period $ — $ (566 ) $ (523 ) $ (1,089 ) For the Six Months Ended December 31, 2018 (Dollars in thousands) Securities – Available-for-Sale: Non-Agency RMBS Mortgage Servicing Rights Derivative Instruments, net Total Opening Balance $ 17,443 $ 10,752 $ 953 $ 29,148 Total gains or losses for the period: Included in earnings—Sale of securities (133 ) — — (133 ) Included in earnings—Mortgage banking income — (854 ) (484 ) (1,338 ) Included in other comprehensive income 550 — — 550 Purchases — 1,317 — 1,317 Sales (2,058 ) — — (2,058 ) Settlements (1,381 ) — — (1,381 ) Closing balance $ 14,421 $ 11,215 $ 469 $ 26,105 Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period $ (133 ) $ (854 ) $ (484 ) $ (1,471 ) The table below summarizes the quantitative information about level 3 fair value measurements as of the dates indicated: December 31, 2019 (Dollars in thousands) Fair Value Valuation Technique Unobservable Input Range (Weighted Average) Securities – Non-agency RMBS $ 12,787 Discounted Cash Flow Projected Constant Prepayment Rate, 2.5 to 24.8% (11.4%) 1.5 to 6.1% (3.3%) Mortgage Servicing Rights $ 11,262 Discounted Cash Flow Projected Constant Prepayment Rate, 3.4 to 29.0% (9.6%) 1.9 to 9.7 (6.6) Derivative Instruments $ 1,017 Sales Comparison Approach Projected Sales Profit of Underlying Loans 0.3 to 0.6% (0.4%) June 30, 2019 (Dollars in thousands) Fair Value Valuation Technique Unobservable Input Range (Weighted Average) Securities – Non-agency RMBS $ 13,025 Discounted Cash Flow Projected Constant Prepayment Rate, 2.9 to 32.5% (10.0%) 1.5 to 10.2% (4.4%) Mortgage Servicing Rights $ 9,784 Discounted Cash Flow Projected Constant Prepayment Rate, 4.7 to 33.7% (10.1%) 1.9 to 8.8 (6.4) Derivative Instruments $ 1,246 Sales Comparison Approach Projected Sales Profit of Underlying Loans 0.4 to 0.8% (0.6%) The significant unobservable inputs used in the fair value measurement of the Company’s residential mortgage-backed securities are projected prepayment rates, probability of default, and projected loss severity in the event of default. Significant increases (decreases) in any of those inputs in isolation would result in a significantly lower (higher) fair value measurement. Generally, a change in the assumption used for the probability of default is accompanied by a directionally similar change in the assumption used for the projected loss severity and a directionally opposite change in the assumption used for projected prepayment rates. The table below summarizes assets measured for impairment on a non-recurring basis: December 31, 2019 (Dollars in thousands) Quoted Prices in Significant Other Significant Balance Impaired Loans and Leases: Single family real estate secured: Mortgage $ — $ — $ 49,090 $ 49,090 Multifamily real estate secured — — 1,198 1,198 Commercial real estate secured — — 1,931 1,931 Auto and RV secured — — 206 206 Other — — 312 312 Total $ — $ — $ 52,737 $ 52,737 Other real estate owned and foreclosed assets: Single family real estate $ — $ — $ 7,420 $ 7,420 Autos and RVs — — 136 136 Total $ — $ — $ 7,556 $ 7,556 June 30, 2019 (Dollars in thousands) Quoted Prices in Significant Other Significant Balance Impaired Loans and Leases: Single family real estate secured: Mortgage $ — $ — $ 46,005 $ 46,005 Multifamily real estate secured — — 2,108 2,108 Auto and RV secured — — 115 115 Other — — 216 216 Total $ — $ — $ 48,444 $ 48,444 Other real estate owned and foreclosed assets: Single family real estate $ — $ — $ 7,449 $ 7,449 Autos and RVs — — 36 36 Total $ — $ — $ 7,485 $ 7,485 Impaired loans and leases measured for impairment on a non-recurring basis using the fair value of the collateral for collateral-dependent loans and leases have a carrying amount of $52,737 , after charge-offs of $601 for the six months ended December 31, 2019 , life to date charge-offs of $5,089 , life to date interest payments applied to principal of $1,190 for total life to date principal balance adjustments of $6,279 . Impaired loans had a related allowance of $395 at December 31, 2019 . 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 $7,556 after charge-offs of $17 for the six months ended December 31, 2019 . The Company has elected the fair value option for Agency loans held for sale. These loans are intended for sale and the Company believes that the fair value is the best indicator of the resolution of these loans. Interest income is recorded based on the contractual terms of the loan and in accordance with the Company’s policy on loans held for investment. None of these loans are 90 days or more past due nor on nonaccrual as of December 31, 2019 and June 30, 2019 . As of December 31, 2019 and June 30, 2019 , the aggregate fair value of loans held for sale, carried at fair value, contractual balance (including accrued interest), and gain was as follows: (Dollars in thousands) December 31, 2019 June 30, 2019 Aggregate fair value $ 36,092 $ 33,260 Contractual balance 35,193 32,342 Gain $ 899 $ 918 The total amount of gains and losses from changes in fair value included in earnings for the period indicated below for loans held for sale were: For the Three Months Ended For the Six Months Ended December 31, December 31, (Dollars in thousands) 2019 2018 2019 2018 Interest income $ 291 $ 252 $ 596 $ 566 Change in fair value (728 ) (630 ) (252 ) (711 ) Total $ (437 ) $ (378 ) $ 344 $ (145 ) The following table presents quantitative information about level 3 fair value measurements for financial instruments measured at fair value on a non-recurring basis at the periods indicated: December 31, 2019 (Dollars in thousands) Fair Value Valuation Technique(s) Unobservable Input Range (Weighted Average) 1 Impaired loans and leases: Single family real estate secured: Mortgage $ 49,090 Sales comparison approach Adjustment for differences between the comparable sales -15.3 to 18.5% (0.9%) Multifamily real estate secured $ 1,198 Sales comparison approach, income approach, Discounted cash flows Adjustment for differences between the comparable sales and adjustments for differences in net operating income expectations, capitalization rate 4.5 to 15.0% (9.3%) Commercial real estate secured $ 1,931 Sales comparison approach and income approach Adjustment for differences between the comparable sales and adjustments for differences in net operating income expectations 1.4 to 1.4% (1.4%) Auto and RV secured $ 206 Sales comparison approach Adjustment for differences between the comparable sales -63.2 to 13.2% (-21.6%) Other $ 312 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 $ 7,420 Sales comparison approach Adjustment for differences between the comparable sales 8.8 to 18.7% (16.7%) Autos and RVs $ 136 Sales comparison approach Adjustment for differences between the comparable sales -1.7 to 8.4% (1.5%) 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, 2019 (Dollars in thousands) Fair Value Valuation Technique(s) Unobservable Input Range (Weighted Average) 1 Impaired loans and leases: Single family real estate secured: Mortgage $ 46,005 Sales comparison approach Adjustment for differences between the comparable sales -83.2 to 80% (-2.0%) Multifamily real estate secured $ 2,108 Sales comparison approach and income approach Adjustment for differences between the comparable sales and adjustments for differences in net operating income expectations, capitalization rate -87.9 to 102.7% (-0.1%) Auto and RV secured $ 115 Sales comparison approach Adjustment for differences between the comparable sales -49.0 to 24.0% (2.6%) Other $ 216 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%) -2.2 to 1.1% (-0.6%) Other real estate owned and foreclosed assets: Single family real estate $ 7,449 Sales comparison approach Adjustment for differences between the comparable sales -46.3 to 53.0% (5.3%) Autos and RVs $ 36 Sales comparison approach Adjustment for differences between the comparable sales -13.6 to 56.3% (8.0%) 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 December 31, 2019 and June 30, 2019 were as follows: December 31, 2019 Fair Value (Dollars in thousands) Carrying Level 1 Level 2 Level 3 Total Fair Value Financial assets: Cash and cash equivalents $ 1,026,175 $ 1,026,175 $ — $ — $ 1,026,175 Securities trading 1,740 — 1,740 — 1,740 Securities available-for-sale 208,026 — 195,239 12,787 208,026 Loans held for sale, at fair value 36,092 — 36,092 — 36,092 Loans held for sale, at lower of cost or fair value 3,430 — — 3,476 3,476 Loans and leases held for investment—net 10,141,397 — — 10,367,699 10,367,699 Securities borrowed 168,114 — — 168,064 168,064 Customer, broker-dealer and clearing receivables 244,379 — — 244,330 244,330 Mortgage servicing rights 11,262 — — 11,262 11,262 Financial liabilities: Total deposits 10,114,340 — 9,754,175 — 9,754,175 Advances from the Federal Home Loan Bank 257,500 — 260,756 — 260,756 Borrowings, subordinated notes and debentures 62,233 — 65,530 — 65,530 Securities loaned 206,199 — — 206,199 206,199 Customer, broker-dealer and clearing payables 305,669 — — 271,841 271,841 June 30, 2019 Fair Value (Dollars in thousands) Carrying Level 1 Level 2 Level 3 Total Fair Value Financial assets: Cash and cash equivalents $ 857,368 $ 857,368 $ — $ — $ 857,368 Securities available-for-sale 227,513 — 214,488 13,025 227,513 Loans held for sale, at fair value 33,260 — 33,260 — 33,260 Loans held for sale, at lower of cost or fair value 4,800 — — 4,990 4,990 Loans and leases held for investment—net 9,382,124 — — 9,630,061 9,630,061 Securities borrowed 144,706 — — 144,720 144,720 Customer, broker-dealer and clearing receivables 203,192 — — 203,355 203,355 Mortgage servicing rights 9,784 — — 9,784 9,784 Financial liabilities: Total deposits 8,983,173 — 8,758,861 — 8,758,861 Advances from the Federal Home Loan Bank 458,500 — 461,156 — 461,156 Borrowings, subordinated notes and debentures 168,929 — 169,212 — 169,212 Securities loaned 198,356 — — 198,197 198,197 Customer, broker-dealer and clearing payables 238,604 — — 229,987 229,987 The methods and assumptions, not previously presented, used to estimate fair value are described as follows: Carrying amount is the estimated fair value for cash and cash equivalents, interest bearing deposits, accrued interest receivable and payable, demand deposits, short-term debt, and variable rate loans and leases or deposits that reprice frequently and fully. For fixed rate loans and leases, deposits, borrowings or subordinated debt and for variable rate loans and leases, deposits, borrowings or subordinated debt with infrequent repricing or repricing limits, fair value is based on discounted cash flows using current market rates applied to the estimated life and credit risk. A discussion of the methods of valuing trading securities, available for sale securities and loans held for sale can be found earlier in this footnote. The carrying amount of stock of regulatory agencies approximates the estimated fair value of this investment. The fair value of off-balance sheet items is not considered material.

SECURITIES

SECURITIES	6 Months Ended
	Dec. 31, 2019
Investments, Debt and Equity Securities [Abstract]
SECURITIES	SECURITIES The amortized cost, carrying amount and fair value for the trading and available-for-sale securities at December 31, 2019 and June 30, 2019 were: December 31, 2019 Trading Available-for-sale (Dollars in thousands) Fair Value Amortized Cost Unrealized Gains Unrealized Losses Fair Value Mortgage-backed securities (RMBS): U.S. agencies 1 $ — $ 12,062 $ 137 $ (28 ) $ 12,171 Non-agency 2 — 12,411 867 (491 ) 12,787 Total mortgage-backed securities — 24,473 1,004 (519 ) 24,958 Non-RMBS: U.S. agencies 1 — 1,689 — — 1,689 Municipal 1,740 10,539 20 (183 ) 10,376 Asset-backed securities and structured notes — 170,796 1,008 (801 ) 171,003 Total Non-RMBS 1,740 183,024 1,028 (984 ) 183,068 Total debt securities $ 1,740 $ 207,497 $ 2,032 $ (1,503 ) $ 208,026 June 30, 2019 Trading Available-for-sale (Dollars in thousands) Fair Value Amortized Cost Unrealized Gains Unrealized Losses Fair Value Mortgage-backed securities (RMBS): U.S. agencies 1 $ — $ 9,486 $ 179 $ (79 ) $ 9,586 Non-agency 2 — 13,489 226 (690 ) 13,025 Total mortgage-backed securities — 22,975 405 (769 ) 22,611 Non-RMBS: U.S. agencies 1 — 1,682 3 — 1,685 Municipal — 21,974 16 (828 ) 21,162 Asset-backed securities and structured notes — 179,976 2,088 (9 ) 182,055 Total Non-RMBS — 203,632 2,107 (837 ) 204,902 Total debt securities $ — $ 226,607 $ 2,512 $ (1,606 ) $ 227,513 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 Alt-A or pay-option ARM mortgages. The Company’s non-agency RMBS available-for-sale portfolio with a total fair value of $12,787 at December 31, 2019 consists of fourteen different issues of super senior securities. The face amounts of debt securities available-for-sale that were pledged to secure borrowings at December 31, 2019 and June 30, 2019 were $3,462 and $3,555 respectively. The securities with unrealized losses, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position were as follows: December 31, 2019 Available-for-sale securities in loss position for 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 RMBS: U.S. agencies $ 3,316 $ (8 ) $ 4,368 $ (20 ) $ 7,684 $ (28 ) Non-agency 30 (1 ) 8,088 (489 ) 8,118 (490 ) Total RMBS securities 3,346 (9 ) 12,456 (509 ) 15,802 (518 ) Non-RMBS: Municipal debt — — 2,998 (183 ) 2,998 (183 ) Asset-backed securities and structured notes 100,843 (795 ) 1,561 (7 ) 102,404 (802 ) Total Non-RMBS 100,843 (795 ) 4,559 (190 ) 105,402 (985 ) Total debt securities $ 104,189 $ (804 ) $ 17,015 $ (699 ) $ 121,204 $ (1,503 ) June 30, 2019 Available-for-sale securities in loss position for 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 RMBS: U.S. agencies $ 44 $ (2 ) $ 4,612 $ (77 ) $ 4,656 $ (79 ) Non-agency 32 (1 ) 8,527 (689 ) 8,559 (690 ) Total RMBS securities 76 (3 ) 13,139 (766 ) 13,215 (769 ) Non-RMBS: Municipal debt — — 12,997 (828 ) 12,997 (828 ) Asset-backed securities and structured notes 101 (1 ) 1,779 (8 ) 1,880 (9 ) Total Non-RMBS 101 (1 ) 14,776 (836 ) 14,877 (837 ) Total debt securities $ 177 $ (4 ) $ 27,915 $ (1,602 ) $ 28,092 $ (1,606 ) There were eighteen securities that were in a continuous loss position at December 31, 2019 for a period of more than 12 months .There were five securities that were in a continuous loss position at December 31, 2019 for a period of less than 12 months . There were twenty-one securities that were in a continuous loss position at June 30, 2019 for a period of more than 12 months .There were three securities that were in a continuous loss position at June 30, 2019 for a period of less than 12 months . The following table summarizes amounts of anticipated credit loss recognized in the income statement through other-than-temporary impairment charges, which reduced non-interest income: For the Six Months Ended December 31, (Dollars in thousands) 2019 2018 Beginning balance $ (821 ) $ — Additions for the amounts related to the credit loss for which an other-than-temporary impairment was not previously recognized — — Increases to the amount related to the credit loss for which other-than-temporary impairment was previously recognized — — Credit losses realized for securities sold — — Ending balance $ (821 ) $ — At December 31, 2019 , one non-agency RMBS with a total carrying amount of $3,567 was determined to have cumulative credit losses of $821 of which none was recognized in earnings during the three months ended December 31, 2019 . The Company measures its non-agency RMBS in an unrealized loss position at the end of the reporting period for other-than-temporary impairment by comparing the present value of the cash flows currently expected to be collected from the security with its amortized cost basis. If the calculated present value is lower than the amortized cost, the difference is the credit component of 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 noncredit component of the other-than-temporary impairment. If the Company does not intend to sell the security and will not be required to sell the security before recovery of its amortized cost basis, the credit component of other-than-temporary impairment is recorded as a loss in earnings and the noncredit component of other-than-temporary impairment is recorded in comprehensive income, net of the related income tax benefit. If the Company does not intend to hold the security, or will be required to sell the security prior to a recovery of the amortized cost basis of the security, the credit component and noncredit component of the other-than-temporary impairment is recorded as a loss in earnings. To determine the cash 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 4 – “Fair Value” in our Annual Report on Form 10-K for the year ended June 30, 2019 . The discount rates used to compute the present value of the expected cash flows for purposes of testing for the credit component of the other-than-temporary impairment are either the implicit rate calculated in each of the Company’s securities at acquisition or the last accounting yield. The Company calculates the implicit rate at acquisition based on the contractual terms of the security, considering scheduled payments (and minimum payments in the case of pay-option ARMs) without prepayment assumptions. Once the discount rate (or discount margin in the case of floating rate securities) is calculated as described above, the discount is used in the industry-standard model to calculate the present value of the cash flows. During the three months ended December 31, 2018 , the company sold available-for-sale security with a carrying value of $2,059 for $1,927 resulting in a $133 loss. During the three months ended December 31, 2019 , the company sold trading securities with a carrying value of $4,364 resulting in a gain of $35 and no available-for-sale securities. The Company had recorded unrealized gains and unrealized losses in accumulated other comprehensive loss as follows: (Dollars in thousands) December 31, June 30, Available-for-sale debt securities—net unrealized gains (losses) $ 529 $ 905 Available-for-sale debt securities—non-credit related losses (845 ) (845 ) Subtotal (316 ) 60 Tax benefit (expense) 69 (44 ) Net unrealized gain (loss) on investment securities in accumulated other comprehensive income (loss) $ (247 ) $ 16 The expected maturity distribution of the Company’s mortgage-backed securities and the contractual maturity distribution of the Company’s Non-RMBS securities classified as available-for-sale were: December 31, 2019 Available for sale (Dollars in thousands) Amortized Cost Fair Value RMBS—U.S. agencies 1 : Due within one year $ 1,536 $ 1,540 Due one to five years 5,193 5,213 Due five to ten years 2,635 2,672 Due after ten years 2,698 2,746 Total RMBS—U.S. agencies 1 12,062 12,171 RMBS—Non-agency: Due within one year 2,155 2,184 Due one to five years 5,896 5,958 Due five to ten years 3,436 3,545 Due after ten years 924 1,100 Total RMBS—Non-agency 12,411 12,787 Non-RMBS: Due within one year 41,129 41,444 Due one to five years 136,464 136,366 Due five to ten years 770 730 Due after ten years 4,661 4,528 Total Non-RMBS 183,024 183,068 Total $ 207,497 $ 208,026 1 Residential mortgage-backed security (RMBS) distributions include impact of expected prepayments and other timing factors.

LOANS, LEASES & ALLOWANCE FOR L

LOANS, LEASES & ALLOWANCE FOR LOAN AND LEASE LOSSES	6 Months Ended
	Dec. 31, 2019
Receivables [Abstract]
LOANS, LEASES & ALLOWANCE FOR LOAN 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) December 31, 2019 June 30, 2019 Single family real estate secured: Mortgage $ 4,137,395 $ 4,281,080 Warehouse 432,230 301,999 Financing 1 471,435 518,560 Multifamily secured - mortgage and financing 2,171,711 1,948,513 Commercial real estate secured - mortgage 393,543 326,154 Auto and RV secured 309,290 290,894 Commercial & Industrial 2,167,314 1,662,629 Other 111,945 119,481 Total gross loans and leases 10,194,863 9,449,310 Allowance for loan and lease losses (59,514 ) (57,085 ) Unaccreted discounts and loan and lease fees 6,048 (10,101 ) Total net loans and leases $ 10,141,397 $ 9,382,124 1 Single family real estate secured: Financing consists of commercial specialty and lender finance loans secured by single family real estate. 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. The assessment of the adequacy of the Company’s allowance for loan and lease losses is based upon a number of quantitative and qualitative factors, including levels and trends of past due and nonaccrual loans, changes in the volume and mix of loans, collateral values and charge-off history. 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 December 31, 2019 , 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. 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 December 31, 2019 Single Family Real Estate Secured (Dollars in thousands) Mortgage Warehouse Financing MF secured CRE secured Auto and RV Secured Commercial & Industrial Other Total Balance at October 1, 2019 $ 20,573 $ 1,140 $ 3,741 $ 5,308 $ 1,104 $ 4,927 $ 20,719 $ 1,715 $ 59,227 Provision for loan and lease losses (264 ) 288 (150 ) (105 ) 87 404 2,175 2,065 4,500 Charge-offs (145 ) — — — — (344 ) (4,132 ) (765 ) (5,386 ) Recoveries 70 — — 119 — 77 — 907 1,173 Balance at December 31, 2019 $ 20,234 $ 1,428 $ 3,591 $ 5,322 $ 1,191 $ 5,064 $ 18,762 $ 3,922 $ 59,514 For the Three Months Ended December 31, 2018 Single Family Real Estate Secured (Dollars in thousands) Mortgage Warehouse Financing MF secured CRE secured Auto and RV Secured Commercial & Industrial Other Total Balance at October 1, 2018 $ 21,709 $ 496 $ 1,433 $ 4,926 $ 855 $ 3,615 $ 15,885 $ 1,201 $ 50,120 Provision for loan and lease losses 1,276 119 1,289 (93 ) 119 670 (155 ) 1,725 4,950 Charge-offs (739 ) — — — — (311 ) (549 ) (601 ) (2,200 ) Recoveries 3 — — — — 39 — 794 836 Balance at December 31, 2018 $ 22,249 $ 615 $ 2,722 $ 4,833 $ 974 $ 4,013 $ 15,181 $ 3,119 $ 53,706 For the Six Months Ended December 31, 2019 Single Family Real Estate Secured (Dollars in thousands) Mortgage Warehouse Financing MF secured CRE secured Auto and RV Secured Commercial & Industrial Other Total Balance at July 1, 2019 $ 21,295 $ 996 $ 5,331 $ 4,097 $ 1,044 $ 4,818 $ 17,514 $ 1,990 $ 57,085 Provision for loan and lease losses (1,088 ) 432 (1,740 ) 1,106 147 712 5,380 2,251 7,200 Charge-offs (151 ) — — — — (619 ) (4,132 ) (1,561 ) (6,463 ) Recoveries 178 — — 119 — 153 — 1,242 1,692 Balance at December 31, 2019 $ 20,234 $ 1,428 $ 3,591 $ 5,322 $ 1,191 $ 5,064 $ 18,762 $ 3,922 $ 59,514 For the Six Months Ended December 31, 2018 Single Family Real Estate Secured (Dollars in thousands) Mortgage Warehouse Financing MF secured CRE secured Auto and RV Secured Commercial & Industrial Other Total Balance at July 1, 2018 $ 20,382 $ 523 $ 1,557 $ 5,010 $ 849 $ 3,178 $ 16,282 $ 1,370 $ 49,151 Provision for loan and lease losses 2,206 92 1,165 (286 ) 125 1,292 48 908 5,550 Charge-offs (740 ) — — — — (544 ) (1,149 ) (992 ) (3,425 ) Recoveries 401 — — 109 — 87 — 1,833 2,430 Balance at December 31, 2018 $ 22,249 $ 615 $ 2,722 $ 4,833 $ 974 $ 4,013 $ 15,181 $ 3,119 $ 53,706 The following tables present our loans and leases evaluated individually for impairment by portfolio class: December 31, 2019 (Dollars in thousands) Unpaid Principal Balance Principal Balance Adjustment 1 Recorded Investment Accrued Interest / Origination Fees Total Related Allocation of General Allowance Related Allocation of Specific Allowance With no related allowance recorded: Single family real estate secured: Mortgage: In-house originated $ 2,540 $ 522 $ 2,018 $ 141 $ 2,159 $ — $ — Purchased 1,579 975 604 — 604 — — Auto and RV secured: In-house originated 398 257 141 6 147 — — Purchased — — — — — — — Other 3,262 3,262 — 332 332 — — With an allowance recorded: Single family real estate secured: Mortgage: In-house originated 45,517 391 45,126 852 45,978 359 — Purchased 1,536 194 1,342 91 1,433 7 — Multifamily secured - mortgage and financing: In-house originated 1,198 — 1,198 16 1,214 1 — Commercial real estate secured: In-house originated 1,931 — 1,931 20 1,951 2 — Auto and RV secured 78 13 65 1 66 7 — Other 977 665 312 — 312 19 — Total $ 59,016 $ 6,279 $ 52,737 $ 1,459 $ 54,196 $ 395 $ — As a % of total gross loans and leases 0.58 % 0.06 % 0.52 % 0.01 % 0.53 % — % — % June 30, 2019 (Dollars in thousands) Unpaid Principal Balance Principal Balance Adjustment 1 Recorded Investment Accrued Interest / Origination Fees Total Related Allocation of General Allowance Related Allocation of Specific Allowance With no related allowance recorded: Single family real estate secured: Mortgage: In-house originated $ 4,874 $ 1,775 $ 3,099 $ 255 $ 3,354 $ — $ — Purchased 2,237 1,142 1,095 — 1,095 — — Auto and RV secured: In-house originated 326 221 105 4 109 — — With an allowance recorded: Single family real estate secured: Mortgage: In-house originated 40,758 348 40,410 731 41,141 393 — Purchased 1,418 17 1,401 109 1,510 12 — Multifamily secured - mortgage and financing: In-house originated 2,108 — 2,108 9 2,117 3 — Auto and RV Secured 10 — 10 — 10 1 — Other 216 — 216 — 216 13 — Total $ 51,947 $ 3,503 $ 48,444 $ 1,108 $ 49,552 $ 422 $ — As a % of total gross loans and leases 0.55 % 0.04 % 0.51 % 0.01 % 0.52 % — % — % 1 Impaired loans with an allowance recorded do not have any charge-offs. Principal balance adjustments on impaired loans with an allowance recorded represent interest payments that have been applied to the book balance as a result of the loans’ non-accrual status. 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: December 31, 2019 Single Family Real Estate Secured (Dollars in thousands) Mortgage Warehouse Financing MF secured CRE secured Auto and RV secured Commercial & Industrial Other Total Allowance for loan and lease losses: Ending allowance balance attributable to loans and leases: Individually evaluated for impairment – general allowance $ 366 $ — $ — $ 1 $ 2 $ 7 $ — $ 19 $ 395 Individually evaluated for impairment – specific allowance — — — — — — — — — Collectively evaluated for impairment 19,868 1,428 3,591 5,321 1,189 5,057 18,762 3,903 59,119 Total ending allowance balance $ 20,234 $ 1,428 $ 3,591 $ 5,322 $ 1,191 $ 5,064 $ 18,762 $ 3,922 $ 59,514 Loans and leases: Loans and leases individually evaluated for impairment $ 49,090 $ — $ — $ 1,198 $ 1,931 $ 206 $ — $ 312 $ 52,737 Loans and leases collectively evaluated for impairment 4,088,305 432,230 471,435 2,170,513 391,612 309,084 2,167,314 111,633 10,142,126 Principal loan and lease balance 4,137,395 432,230 471,435 2,171,711 393,543 309,290 2,167,314 111,945 10,194,863 Unaccreted discounts and loan and lease fees 9,282 — (1,517 ) 4,492 581 2,681 (4,049 ) (5,422 ) 6,048 Total recorded investment in loans and leases $ 4,146,677 $ 432,230 $ 469,918 $ 2,176,203 $ 394,124 $ 311,971 $ 2,163,265 $ 106,523 $ 10,200,911 June 30, 2019 Single Family Real Estate Secured (Dollars in thousands) Mortgage Warehouse Financing MF secured CRE secured Auto and RV secured Commercial & Industrial Other Total Allowance for loan and lease losses: Ending allowance balance attributable to loans and leases: Individually evaluated for impairment – general allowance $ 405 $ — $ — $ 3 $ — $ 1 $ — $ 13 $ 422 Individually evaluated for impairment – specific allowance — — — — — — — — — Collectively evaluated for impairment 20,890 996 5,331 4,094 1,044 4,817 17,514 1,977 56,663 Total ending allowance balance $ 21,295 $ 996 $ 5,331 $ 4,097 $ 1,044 $ 4,818 $ 17,514 $ 1,990 $ 57,085 Loans and leases: Loans and leases individually evaluated for impairment $ 46,005 $ — $ — $ 2,108 $ — $ 115 $ — $ 216 $ 48,444 Loans and leases collectively evaluated for impairment 4,235,075 301,999 518,560 1,946,405 326,154 290,779 1,662,629 119,265 9,400,866 Principal loan and lease balance 4,281,080 301,999 518,560 1,948,513 326,154 290,894 1,662,629 119,481 9,449,310 Unaccreted discounts and loan and lease fees 8,790 — (1,773 ) 5,090 649 2,631 (3,188 ) (22,300 ) (10,101 ) Total recorded investment in loans and leases $ 4,289,870 $ 301,999 $ 516,787 $ 1,953,603 $ 326,803 $ 293,525 $ 1,659,441 $ 97,181 $ 9,439,209 Credit Quality Disclosures. Nonaccrual loans and leases consisted of the following as of the dates indicated: (Dollars in thousands) December 31, June 30, Single Family Real Estate Secured: Mortgage: In-house originated $ 47,144 $ 43,509 Purchased 1,946 2,496 Multifamily secured - mortgage and financing: In-house originated 1,198 2,108 Commercial real estate secured: In-house originated 1,931 — Total nonaccrual loans secured by real estate 52,219 48,113 Auto and RV secured 206 115 Other 312 216 Total nonaccrual loans and leases $ 52,737 $ 48,444 Nonaccrual loans and leases to total loans and leases 0.52 % 0.51 % Approximately 1.06% of our nonaccrual loans and leases at December 31, 2019 were considered TDRs, compared to 1.29% at June 30, 2019 . 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 nonaccrual loan and lease category to the performing loan and lease category and any previously deferred interest income is recognized. Approximately 93.08% of the Bank’s nonaccrual loans and leases are single family first mortgages already written down to 50.51% 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 nonaccrual by portfolio class: December 31, 2019 Single Family Real Estate Secured (Dollars in thousands) Mortgage Warehouse Financing MF secured CRE secured Auto and RV secured Commercial & Industrial Other Total Performing $ 4,088,305 $ 432,230 $ 471,435 $ 2,170,513 $ 391,612 $ 309,084 $ 2,167,314 $ 111,633 $ 10,142,126 Nonaccrual 49,090 — — 1,198 1,931 206 — 312 52,737 Total $ 4,137,395 $ 432,230 $ 471,435 $ 2,171,711 $ 393,543 $ 309,290 $ 2,167,314 $ 111,945 $ 10,194,863 June 30, 2019 Single Family Real Estate Secured (Dollars in thousands) Mortgage Warehouse Financing MF secured CRE secured Auto and RV secured Commercial & Industrial Other Total Performing $ 4,235,075 $ 301,999 $ 518,560 $ 1,946,405 $ 326,154 $ 290,779 $ 1,662,629 $ 119,265 $ 9,400,866 Nonaccrual 46,005 — — 2,108 — 115 — 216 48,444 Total $ 4,281,080 $ 301,999 $ 518,560 $ 1,948,513 $ 326,154 $ 290,894 $ 1,662,629 $ 119,481 $ 9,449,310 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. The Company had no TDRs classified as performing loans at December 31, 2019 or June 30, 2019 . 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: December 31, 2019 (Dollars in thousands) Pass Special Substandard Doubtful Total Single family real estate secured: Mortgage In-house originated $ 3,999,728 $ 53,215 $ 49,382 $ — $ 4,102,325 Purchased 32,962 162 1,946 — 35,070 Warehouse 429,543 2,687 — — 432,230 Financing 423,062 48,373 — — 471,435 Multifamily secured - mortgage and financing In-house originated 2,112,687 11,188 2,071 — 2,125,946 Purchased 44,840 — 925 — 45,765 Commercial real estate secured - mortgage In-house originated 385,208 — 1,931 — 387,139 Purchased 6,404 — — — 6,404 Auto and RV secured 308,714 183 393 — 309,290 Commercial & Industrial 2,143,057 17,005 7,252 — 2,167,314 Other 111,479 236 230 — 111,945 Total $ 9,997,684 $ 133,049 $ 64,130 $ — $ 10,194,863 As a % of total gross loans and leases 98.1 % 1.3 % 0.6 % — % 100.0 % June 30, 2019 (Dollars in thousands) Pass Special Substandard Doubtful Total Single family real estate secured: Mortgage In-house originated $ 4,157,665 $ 37,219 $ 44,568 $ — $ 4,239,452 Purchased 38,534 598 2,496 — 41,628 Warehouse 301,999 — — — 301,999 Financing 440,298 21,600 56,662 — 518,560 Multifamily secured - mortgage and financing In-house originated 1,890,524 427 2,108 — 1,893,059 Purchased 54,514 — 940 — 55,454 Commercial real estate secured - mortgage In-house originated 318,629 — — — 318,629 Purchased 7,525 — — — 7,525 Auto and RV secured 290,691 68 135 — 290,894 Commercial & Industrial 1,660,821 1,722 86 — 1,662,629 Other 119,036 229 216 — 119,481 Total $ 9,280,236 $ 61,863 $ 107,211 $ — $ 9,449,310 As a % of total gross loans and leases 98.2 % 0.7 % 1.1 % — % 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. During the year, the Company holds certain short-term loans that do not have a fixed maturity date that are treated as delinquent if not paid in full 90 days after the origination date. 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: December 31, 2019 (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 $ 8,625 $ 11,564 $ 36,175 $ 56,364 Purchased 503 10 852 1,365 Multifamily secured - mortgage and financing 425 — — 425 Commercial real estate secured - mortgage — 1,084 — 1,084 Auto and RV secured 1,467 515 144 2,126 Commercial & Industrial 1,141 — — 1,141 Other 355 250 256 861 Total $ 12,516 $ 13,423 $ 37,427 $ 63,366 As a % of total gross loans and leases 0.12 % 0.13 % 0.37 % 0.62 % June 30, 2019 (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 $ 12,008 $ 15,616 $ 35,700 $ 63,324 Purchased 228 — 1,458 1,686 Multifamily secured - mortgage and financing 1,684 — 1,588 3,272 Auto and RV secured 476 155 17 648 Other 250 229 216 695 Total $ 14,646 $ 16,000 $ 38,979 $ 69,625 As a % of total gross loans and leases 0.15 % 0.17 % 0.41 % 0.74 %

LEASES

LEASES	6 Months Ended
	Dec. 31, 2019
Leases [Abstract]
LEASES	LEASES The Company determines if an arrangement is a lease at inception. Operating leases with a term of greater than one year are included in operating lease right-of-use (“ROU”) assets and operating lease liabilities on the Company’s unaudited condensed consolidated balance sheets. The Company has lease agreements with lease and non-lease components, which are generally accounted for as a single lease component. Leases of low-value assets are assessed on a lease-by-lease basis to determine the need for balance sheet capitalization. ROU assets represent the Company’s right to use an underlying asset for the lease term and lease liabilities represent its obligation to make lease payments arising from the lease. Operating lease ROU assets and liabilities are recognized on the lease commencement date based on the present value of lease payments over the lease term. As most of the Company’s leases do not provide an implicit rate, the Company uses the incremental borrowing rate commensurate with the lease term based on the information available at the lease commencement date in determining the present value of lease payments. No significant judgments or assumptions were involved in developing the estimated operating lease liabilities as the Company’s operating lease liabilities largely represent the future rental expenses associated with operating leases, and the incremental borrowing rates are based on publicly available interest rates. The operating lease ROU asset also includes any lease payments made and excludes lease incentives. The Company’s lease terms may include options to extend or terminate the lease. These options to extend or terminate are assessed on a lease-by-lease basis, and the ROU assets and lease liabilities are adjusted when it is reasonably certain that an option will be exercised. Rental expense for lease payments is recognized on a straight-line basis over the lease term and is included in occupancy and equipment, net within our unaudited condensed consolidated statements of operations. The components of lease expense were as follows: (Dollars in thousands) Three Months Ended December 31, 2019 For the Six Months Ended December 31, 2019 Operating Lease Expense $ 2,597 $ 5,235 Supplemental cash flow information related to leases was as follows: (Dollars in thousands) December 31, 2019 Cash paid for amounts included in the measurement of lease liabilities for operating leases: Operating cash flows $ 3,689 ROU assets obtained in the exchange for lease liabilities: ROU assets obtained in exchange for lease liabilities $ — ROU assets recognized upon adoption of new lease standard $ 77,794 Supplemental balance sheet information related to leases was as follows: (Dollars in thousands) December 31, 2019 Operating lease right-of-use assets $ 73,767 Operating lease liabilities $ 77,200 Weighted-average remaining lease term (in years): Operating leases 9.76 years Weighted-average discount rate: Operating leases 2.90 % Maturities of lease liabilities at December 31, 2019 were as follows: (Dollars in thousands) Operating Leases Remainder of 2020 $ 4,614 2021 8,569 2022 9,226 2023 9,486 2024 9,078 Thereafter 48,423 Total lease payments 89,396 Less: present value discount (12,196 ) Total Lease Liability $ 77,200

EQUITY AND STOCK-BASED COMPENSA

EQUITY AND STOCK-BASED COMPENSATION	6 Months Ended
	Dec. 31, 2019
Share-based Payment Arrangement [Abstract]
EQUITY AND STOCK-BASED COMPENSATION	EQUITY AND STOCK-BASED COMPENSATION Common Stock Repurchases. On March 17, 2016, the Board of Directors of the Company (the “Board”), authorized a program to repurchase up to $100 million of common stock and extended the program by $100 million on August 2, 2019. 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. During the six months ended December 31, 2019 , the Company did not repurchase any of the $8.4 million remaining under the previous Board authorized stock repurchase program or the $100.0 million under the new authorization. The Company accounts for treasury stock using the cost method as a reduction of stockholders’ equity in the accompanying unaudited condensed consolidated financial statements. Restricted Stock Units. During the six months ended December 31, 2019 and 2018 , the Company granted 380,765 and 752,662 restricted stock unit awards (“RSUs”) to employees and directors, respectively. RSUs granted during these quarters generally vest over three years, one-third on each anniversary date, except for any RSUs granted to the Company’s CEO, which vest one-fourth on each fiscal year end. The Company’s income before income taxes and net income for the six months ended December 31, 2019 and 2018 include stock award expense of $9,811 and $11,175 , with total income tax benefit of $2,798 and $2,967 , respectively. The Company recognizes compensation expense based upon the grant-date fair value divided by the vesting and the service period between each vesting date. At December 31, 2019 , unrecognized compensation expense related to non-vested awards aggregated to $34,687 and is expected to be recognized in future periods as follows: (Dollars in thousands) Stock Award Compensation Expense For the fiscal year remainder: 2020 $ 9,669 2021 14,219 2022 7,733 2023 1,900 2024 734 Thereafter 432 Total $ 34,687 The following table presents the status and changes in restricted stock units for the periods indicated: Restricted Stock Units Weighted-Average Grant-Date Fair Value Non-vested balance at June 30, 2018 1,233,731 $ 24.84 Granted 1,103,249 34.68 Vested (699,223 ) 26.74 Canceled (90,909 ) 29.46 Non-vested balance at June 30, 2019 1,546,848 $ 30.73 Granted 380,765 25.76 Vested (351,556 ) 27.18 Canceled (82,615 ) 29.78 Non-vested balance at December 31, 2019 1,493,442 $ 30.35 The total fair value of shares vested for the three and six months ended December 31, 2019 was $2,349 and $9,531 . The total fair value of shares vested for the three and six months ended December 31, 2018 was $3,420 and $13,188 .

EARNINGS PER COMMON SHARE

EARNINGS PER COMMON SHARE	6 Months Ended
	Dec. 31, 2019
Earnings Per Share [Abstract]
EARNINGS PER COMMON SHARE	EARNINGS PER COMMON SHARE Earnings per common share (“EPS”) are presented under two formats: basic EPS and diluted EPS. Basic EPS is computed by dividing the net income attributable to common stock (net income after deducting dividends on preferred stock) by the sum of the weighted-average number of common shares outstanding during the year and the unvested average of participating RSUs. Diluted EPS is computed by dividing the sum of net income attributable to common stock and dividends on diluted preferred stock by the sum of the weighted-average number of common shares outstanding during the year and the impact of dilutive potential common shares, such as nonparticipating RSUs, stock options and convertible preferred stock. The Company accounts for unvested stock-based compensation awards containing non-forfeitable rights to dividends or dividend equivalents (collectively, “dividends”) as participating securities and includes the awards in the EPS calculation using the two-class method. The Company had granted restricted stock units under the 2004 Stock Incentive Plan to certain directors and employees, which entitle the recipients to receive non-forfeitable dividends during the vesting period on a basis equivalent to the dividends paid to holders of common stock. These unvested awards meet the definition of participating securities. Under the two class method, all earnings (distributed and undistributed) are allocated to each class of common stock and participating securities, based on their respective rights to receive dividends. Under the 2014 Stock Incentive Plan, RSUs have no stockholder rights, meaning they are not entitled to dividends and are considered nonparticipating. These nonparticipating RSUs are not included in the basic EPS calculation and are included in the diluted EPS calculation using the treasury stock method. The following table presents the calculation of basic and diluted EPS: Three Months Ended Six Months Ended December 31, December 31, (Dollars in thousands, except per share data) 2019 2018 2019 2018 Earnings Per Common Share Net income $ 41,295 $ 38,835 $ 82,081 $ 75,676 Preferred stock dividends (78 ) (78 ) (155 ) (155 ) Net income attributable to common stockholders $ 41,217 $ 38,757 $ 81,926 $ 75,521 Average common shares outstanding 61,315,590 62,336,779 61,281,127 62,566,188 Total qualifying shares 61,315,590 62,336,779 61,281,127 62,566,188 Earnings per common share $ 0.67 $ 0.62 $ 1.34 $ 1.21 Diluted Earnings Per Common Share Dilutive net income attributable to common stockholders $ 41,217 $ 38,757 $ 81,926 $ 75,521 Average common shares issued and outstanding 61,315,590 62,336,779 61,281,127 62,566,188 Dilutive effect of average unvested RSUs 623,398 338,097 619,506 480,745 Total dilutive common shares outstanding 61,938,988 62,674,876 61,900,633 63,046,933 Diluted earnings per common share $ 0.67 $ 0.62 $ 1.32 $ 1.20

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	6 Months Ended
	Dec. 31, 2019
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 unaudited condensed consolidated balance sheets. The Company’s exposure to credit loss is represented by the contractual amount of these commitments. The Company follows the same credit policies in making commitments as it does for on-balance-sheet instruments. At December 31, 2019 , the Company had commitments to originate $53,301 in fixed rate loans and leases and $665,718 in variable rate loans, totaling an aggregate outstanding principal balance of $719,019 . For December 31, 2019 , the Company’s fixed rate commitments to originate had a weighted-average rate of 3.46% . At December 31, 2019 , the Company also had commitments to sell $82,610 in fixed rate loans and $1,350 in variable rate loans, totaling an aggregate outstanding principal balance of $83,960 . 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. In the normal course of business, Axos Clearing’s customer activities involve the execution, settlement, and financing of various customer securities transactions. These activities may expose Axos Clearing to off-balance-sheet risk in the event the customer or other broker is unable to fulfill its contracted obligations and Axos Clearing has to purchase or sell the financial instrument underlying the contract at a loss. Axos Clearing’s clearing agreements with broker-dealers for which it provides clearing services requires them to indemnify Axos Clearing if customers fail to satisfy their contractual obligation. 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 plaintiffs allege that the Company and other named 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 wrongful conduct that was alleged in a complaint filed in connection with a wrongful termination of employment lawsuit filed on October 13, 2015 (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. On March 21, 2018, the Court entered a final order dismissing the Class Action with prejudice. Subsequently, the plaintiff filed a notice of appeal and opening brief, the Company has filed its answering brief and argument in the appeal from dismissal was held. On April 3, 2017, the Company, its Chief Executive Officer and its Chief Financial Officer were named defendants in a putative class action lawsuit styled Mandalevy v. BofI Holding, Inc., et al, and brought in United States District Court for the Southern District of California (the “Mandalevy Case”). The Mandalevy Case seeks monetary damages and other relief on behalf of a putative class that has not been certified by the Court. The complaint in the Mandalevy Case (the “Mandalevy Complaint”) alleges a class period that differs from that alleged in the First Class Action, and that the Company and other named 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 wrongful conduct that was alleged in a March 2017 media article. The Mandalevy Case has not been consolidated into the First Class Action. On December 7, 2018, the Court entered a final order granting the defendants’ motion and dismissing the Mandalevy Case with prejudice. Subsequently, the plaintiff filed a notice of appeal and opening brief and the Company filed its answering brief, on May 8, 2019. The Company and the other named defendants dispute the allegations of wrongdoing advanced by the plaintiffs in the Class Action, the Mandalevy Case, and in the Employment Matter, as well as those plaintiffs’ statement of the underlying factual circumstances, and are vigorously defending each case. In addition to the First Class Action and the Mandalevy Case, 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, 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, and a sixth derivative action, Garner v. Garrabrants, et al , was filed in the San Diego County Superior Court on August 10, 2017. Each of these six derivative actions names the Company as a nominal defendant, and certain of its officers and directors as defendants. Each complaint sets forth allegations of breaches of fiduciary duties, gross mismanagement, abuse of control, and unjust enrichment against the defendant officers and directors. The plaintiffs in these derivative actions seek damages in unspecified amounts on the Company’s behalf from the officer and director defendants, certain corporate governance actions, and an award of their costs and attorney’s fees. The United States District Court for the Southern District of California ordered the four above-referenced derivative actions pending before it to be consolidated and appointed lead counsel in the consolidated action. On June 7, 2018, the Court entered an order granting defendant’s motion for judgment on the pleadings, but giving the plaintiffs limited leave to amend by June 28, 2018. The plaintiffs failed to file an amended complaint, and instead plaintiffs filed on June 28, 2018 a motion to stay the case pending resolution of the securities class action and Employment Matter. On August 10, 2018, defendants filed an opposition to plaintiffs’ motion. On September 11, 2018, the plaintiffs filed a second amended complaint. On October 16, 2018, defendants filed a motion to dismiss the second amended complaint. On October 16, 2018, defendants filed a motion to dismiss the second amended complaint. The Court dismissed the second amended complaint with prejudice on May 23, 2019. On June 20, 2019, the plaintiff filed a notice of appeal to the United States Court of Appeals for the Ninth Circuit and subsequently opening and answering briefs were filed. The two derivative actions pending before the San Diego County Superior Court have been consolidated and have been stayed by agreement of the parties. In view of the inherent difficulty of predicting the outcome of each legal action, particularly since claimants seek substantial or indeterminate damages, it is not possible to reasonably predict or estimate the eventual loss or range of loss, if any, related to each legal action.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	6 Months Ended
	Dec. 31, 2019
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 certain executive officers, directors and their affiliates. There was one new related party loan in the amount of $0.6 million funded under the provisions of the employee loan program and one refinance of an existing loan during the six months ended December 31, 2019 , and one new loan and no refinances of existing loans during the six months ended December 31, 2018 .

SEGMENT REPORTING

SEGMENT REPORTING	6 Months Ended
	Dec. 31, 2019
Segment Reporting [Abstract]
SEGMENT REPORTING	SEGMENT REPORTING The operating segments reported below are the segments of the Company for which separate financial information is available and for which segment results are evaluated regularly by the Chief Executive Officer in deciding how to allocate resources and in assessing performance. The Company operates through two operating segments: Banking Business and Securities Business. Banking Business. The Banking Business includes a broad range of banking services including online banking, concierge banking, prepaid card services, and mortgage, vehicle and unsecured lending through online and telephonic distribution channels to serve the needs of consumer and small businesses nationally. In addition, the Banking Business focuses on providing deposit products nationwide to industry verticals (e.g., Title and Escrow), cash management products to a variety of businesses, and commercial & industrial and commercial real estate lending to clients. The Banking Business also includes a bankruptcy trustee and fiduciary service that provides specialized software and consulting services to Chapter 7 bankruptcy and non-Chapter 7 trustees and fiduciaries. Securities Business. The Securities Business consists of two sets of products and services, securities services provided to third-party securities firms and investment management provided to consumers. Securities services includes fully disclosed clearing services through Axos Clearing to FINRA- and SEC-registered member firms for trade execution and clearance as well as back office services such as record keeping, trade reporting, accounting, general back-office support, securities and margin lending, reorganization assistance and custody of securities. Providing financing to our brokerage customers for their securities trading activities through margin loans that are collateralized by securities, cash, or other acceptable collateral. Securities lending activities that include borrowing and lending securities with other broker-dealers. These activities involve borrowing securities to cover short sales and to complete transactions in which clients have failed to deliver securities by the required settlement date, and lending securities to other broker dealers for similar purposes. Investment management includes our digital wealth management business, which provides our retail customers with investment management services through a comprehensive and flexible technology platform. There are no material inter-segment sales or transfers. The accounting policies used by each reportable segment are the same as those discussed in Note 1- “Organizations and Summary of Significant Accounting Policies” in our Annual Report on Form 10-K for the year ended June 30, 2019 . All costs, except certain corporate administration costs and income taxes, have been allocated to the reportable segments. Therefore, combined amounts agree to the unaudited condensed consolidated totals. In order to reconcile the two segments to the unaudited condensed consolidated totals, the Company includes parent-only activities and intercompany eliminations. The following tables present the operating results, goodwill, and assets of the segments: For the Three Months Ended December 31, 2019 (Dollars in thousands) Banking Business Securities Business Corporate/Eliminations Axos Consolidated Net interest income $ 105,340 $ 4,037 $ (957 ) $ 108,420 Provision for loan losses 4,500 — — 4,500 Non-interest income 16,225 6,284 (1,302 ) 21,207 Non-interest expense 53,253 10,455 3,257 66,965 Income before taxes $ 63,812 $ (134 ) $ (5,516 ) $ 58,162 For the Three Months Ended December 31, 2018 (Dollars in thousands) Banking Securities Business Corporate/Eliminations Axos Consolidated Net interest income $ 93,481 $ — $ (761 ) $ 92,720 Provision for loan losses 4,950 — — 4,950 Non-interest income 16,892 — — 16,892 Non-interest expense 45,188 — 5,745 50,933 Income before taxes $ 60,235 $ — $ (6,506 ) $ 53,729 Six Months Ended December 31, 2019 (Dollars in thousands) Banking Securities Business Corporate/Eliminations Axos Consolidated Net interest income $ 204,812 $ 9,183 $ (2,272 ) $ 211,723 Provision for loan losses 7,200 — — 7,200 Non-interest income 32,015 12,685 (1,957 ) 42,743 Non-interest expense 103,886 21,519 7,027 132,432 Income before taxes $ 125,741 $ 349 $ (11,256 ) $ 114,834 Six Months Ended December 31, 2018 (Dollars in thousands) Banking Securities Business Corporate/Eliminations Axos Consolidated Net interest income $ 180,492 $ — $ (1,493 ) $ 178,999 Provision for loan losses 5,550 — — 5,550 Non-interest income 33,435 — — 33,435 Non-interest expense 91,230 — 12,625 103,855 Income before taxes $ 117,147 $ — $ (14,118 ) $ 103,029 December 31, 2019 (Dollars in thousands) Banking Business Securities Business Corporate/Eliminations Axos Consolidated Goodwill $ 35,721 $ 35,501 $ — $ 71,222 Total Assets $ 11,550,782 $ 626,142 $ 92,364 $ 12,269,288 December 31, 2018 (Dollars in thousands) Banking Business Securities Business Corporate/Eliminations Axos Consolidated Goodwill $ 35,721 $ — $ — $ 35,721 Total Assets $ 9,796,674 $ — $ 13,422 $ 9,810,096

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
	Dec. 31, 2019
Accounting Policies [Abstract]
Consolidation	The condensed consolidated financial statements include the accounts of Axos Financial, Inc. (“Axos”) and its wholly owned subsidiaries, Axos Bank (the “Bank”) and Axos Nevada Holding, LLC (the “Axos Nevada Holding” and collectively, the “Company”). Axos Nevada Holding wholly owns its subsidiary Axos Securities, LLC, which wholly owns subsidiaries Axos Clearing LLC (“Axos Clearing”), a clearing broker dealer, Axos Invest, Inc., a registered investment advisor, and Axos Invest LLC, an introducing broker dealer. 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 six months ended December 31, 2019 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, 2019 included in our Annual Report on Form 10-K. Certain reclassifications to dividend and interest income line items for the six months ended December 31, 2019 have been made to conform to the current period presentation. The reclassifications had no effect on total dividend and interest income, net interest income, net income or stockholders’ equity for any period.
Reclassification	Certain reclassifications to dividend and interest income line items for the six months ended December 31, 2019 have been made to conform to the current period presentation. The reclassifications had no effect on total dividend and interest income, net interest income, net income or stockholders’ equity for any period.
Business Segments	Business Segments. The Company determines reportable segments based on the services offered, the significance of the services offered, the significance of those services to the Company’s financial condition and operating results and management’s regular review of the operating results of those services. The Company operates through two operating segments: Banking Business and Securities Business. Please refer to “Note 12 - Segment Reporting” for further information on the reporting for the Company’s two business segments.
Leases	Lessee Arrangements. Substantially all of the Company’s lessee arrangements are operating leases. Under these arrangements, the Company records right-of-use assets and lease liabilities at lease commencement. Right-of-use assets are reported in other assets on the December 31, 2019 unaudited Condensed Consolidated Balance Sheet, and the related lease liabilities are reported in accounts payable and accrued liabilities and other liabilities. All leases are recorded on the unaudited Condensed Consolidated Balance Sheet except leases with an initial term less than 12 months for which the Company made the short-term lease election. Lease expense is recognized on a straight-line basis over the lease term and is recorded in occupancy and equipment expense in the unaudited Condensed Consolidated Statements of Income. The Company made an accounting policy election not to separate lease and non-lease components of a contract that is or contains a lease for its real estate and equipment leases. As such, lease payments represent payments on both lease and non-lease components. At lease commencement, lease liabilities are recognized based on the present value of the remaining lease payments and discounted using the Company’s incremental borrowing rate. Right-of-use assets initially equal the lease liability, adjusted for any lease payments made prior to lease commencement and for any lease incentives. Leases. In February 2016, the FASB issued ASU 2016-02, Leases , as amended in July 2018 by ASU 2018-10 Codification Improvements to Topic 842, Leases and ASU 2018-11 Leases (Topic 842): Targeted Improvements.
Leases	Leases. In February 2016, the FASB issued ASU 2016-02, Leases , as amended in July 2018 by ASU 2018-10 Codification Improvements to Topic 842, Leases and ASU 2018-11 Leases (Topic 842): Targeted Improvements. On July 1, 2019, the Company adopted the new accounting standards that require lessees to recognize operating leases on the balance sheet as right-of-use assets and lease liabilities based on the value of the discounted future lease payments. Lessor accounting is largely unchanged. The Company elected to retain prior determinations of whether an existing contract contains a lease and how the lease should be classified. The Company elected to recognize leases existing on July 1, 2019 through a modified retrospective transition approach. The Company will not adjust comparative periods based on the newly adopted guidance. Upon adoption, the Company also recognized right-of-use assets $77.8 million and lease liabilities of $79.7 million . Lessor Arrangements. The Company provides equipment financing to its customers through a variety of lessor arrangements. Direct financing leases and sales-type leases are carried at the aggregate of lease payments receivable plus the estimated residual value of the leased property less unearned income, which is accreted to interest income over the lease terms using methods that approximate the interest method. Operating lease income is recognized on a straight-line basis. Leases generally do not contain non-lease components.
New Accounting Pronouncements	Accounting Standards Issued But Not Yet Adopted 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. The Company’ working group is progressing in accordance with its implementation plan, has significantly completed model development, and plans to review the Company’s methodology and model with third-party consultants in the next two quarters. The Company expects ASU 2016-13 to have a material impact on the Company’s unaudited condensed 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
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.
Earnings Per Common Share	Earnings per common share (“EPS”) are presented under two formats: basic EPS and diluted EPS. Basic EPS is computed by dividing the net income attributable to common stock (net income after deducting dividends on preferred stock) by the sum of the weighted-average number of common shares outstanding during the year and the unvested average of participating RSUs. Diluted EPS is computed by dividing the sum of net income attributable to common stock and dividends on diluted preferred stock by the sum of the weighted-average number of common shares outstanding during the year and the impact of dilutive potential common shares, such as nonparticipating RSUs, stock options and convertible preferred stock. The Company accounts for unvested stock-based compensation awards containing non-forfeitable rights to dividends or dividend equivalents (collectively, “dividends”) as participating securities and includes the awards in the EPS calculation using the two-class method. The Company had granted restricted stock units under the 2004 Stock Incentive Plan to certain directors and employees, which entitle the recipients to receive non-forfeitable dividends during the vesting period on a basis equivalent to the dividends paid to holders of common stock. These unvested awards meet the definition of participating securities. Under the two class method, all earnings (distributed and undistributed) are allocated to each class of common stock and participating securities, based on their respective rights to receive dividends. Under the 2014 Stock Incentive Plan, RSUs have no stockholder rights, meaning they are not entitled to dividends and are considered nonparticipating. These nonparticipating RSUs are not included in the basic EPS calculation and are included in the diluted EPS calculation using the treasury stock method.

REVENUE RECOGNITION (Tables)

REVENUE RECOGNITION (Tables)	6 Months Ended
	Dec. 31, 2019
Revenue from Contract with Customer [Abstract]
Schedule of Non-interest Income, Segregated by Revenue Streams	The following presents non-interest income, segregated by revenue streams in-scope and out-of-scope of Topic 606, for the periods indicated: Three Months Ended Six Months Ended December 31, December 31, (Dollars in thousands, except per share data) 2019 2018 2019 2018 Non-interest income Deposit service fees $ 2,475 $ 2,471 $ 2,837 $ 2,679 Card fees 1,291 1,166 2,621 2,920 Broker-dealer clearing fees 5,555 — 11,211 — Bankruptcy trustee and fiduciary service fees 359 2,007 1,224 4,210 Non-interest income (in-scope of Topic 606) 9,680 5,644 17,893 9,809 Non-interest income (out-of-scope of Topic 606) 11,527 11,248 24,850 23,626 Total non-interest income $ 21,207 $ 16,892 $ 42,743 $ 33,435

ACQUISITIONS (Tables)

ACQUISITIONS (Tables)	6 Months Ended
	Dec. 31, 2019
Business Combinations [Abstract]
Schedule of Business Acquisitions, by Acquisition	The consideration paid for COR Securities common equity and the provisional fair values of acquired identifiable assets and liabilities assumed as of the Acquisition Date were as follows: (Dollars in thousands) January 28, 2019 ASSETS Cash and due from banks $ 16,604 Cash segregated for regulatory purposes 142,016 Securities, available for sale 9,585 Stock of the regulatory agencies, at cost 2,431 Furniture, equipment and software—net — Securities borrowed 157,898 Customer, broker-dealer and clearing receivables 234,352 Other assets 5,487 Total identifiable assets $ 568,373 LIABILITIES AND STOCKHOLDERS’ EQUITY Notes payable to banks $ 85,100 Securities loaned 203,041 Customer, broker-dealer and clearing payables 240,110 Deferred income tax — Accounts payable and accrued liabilities 7,383 Total identifiable liabilities $ 535,634 Goodwill $ 35,501 Intangible assets 20,120 Total cash purchase price $ 80,860 Notes issued $ 7,500 Total fair value of consideration paid 88,360

FAIR VALUE (Tables)

FAIR VALUE (Tables)	6 Months Ended
	Dec. 31, 2019
Fair Value Disclosures [Abstract]
Schedule of 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 December 31, 2019 and June 30, 2019 . Assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement: December 31, 2019 (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: Municipal $ — $ 1,740 $ — $ 1,740 Securities—Available-for-Sale: Agency Debt 1 $ — $ 1,689 $ — $ 1,689 Agency RMBS 1 — 12,171 — 12,171 Non-Agency RMBS 2 — — 12,787 12,787 Municipal — 10,376 — 10,376 Asset-backed securities and structured notes — 171,003 — 171,003 Total—Securities—Available-for-Sale $ — $ 195,239 $ 12,787 $ 208,026 Loans Held for Sale $ — $ 36,092 $ — $ 36,092 Mortgage servicing rights $ — $ — $ 11,262 $ 11,262 Other assets—Derivative instruments $ — $ — $ 1,348 $ 1,348 LIABILITIES: Other liabilities—Derivative instruments $ — $ — $ 331 $ 331 June 30, 2019 (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—Available-for-Sale: Agency Debt 1 $ — $ 1,685 $ — $ 1,685 Agency RMBS 1 — 9,586 — 9,586 Non-Agency RMBS 2 — — 13,025 13,025 Municipal — 21,162 — 21,162 Asset-backed securities and structured notes — 182,055 — 182,055 Total—Securities—Available-for-Sale $ — $ 214,488 $ 13,025 $ 227,513 Loans Held for Sale $ — $ 33,260 $ — $ 33,260 Mortgage servicing rights $ — $ — $ 9,784 $ 9,784 Other assets—Derivative instruments $ — $ — $ 1,978 $ 1,978 LIABILITIES: Other liabilities—Derivative instruments $ — $ — $ 732 $ 732 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 Alt-A or pay-option ARM mortgages.
Schedule of Additional Information About Assets Measured at Fair Value on a Recurring Basis and for which the Company has Utilized Level 3 Inputs to Determine Fair Value	The following tables present additional information about assets measured at fair value on a recurring basis and for which the Company has utilized Level 3 inputs to determine fair value: For the Three Months Ended December 31, 2019 (Dollars in thousands) Securities – Available-for-Sale: Non-Agency RMBS Mortgage Servicing Rights Derivative Instruments, net Total Opening balance $ 13,132 $ 10,632 $ 1,727 $ 25,491 Total gains or losses for the period: Included in earnings—Mortgage banking income — (589 ) (710 ) (1,299 ) Included in other comprehensive income 151 — — 151 Purchases/originations — 1,219 — 1,219 Settlements (496 ) — — (496 ) Closing balance $ 12,787 $ 11,262 $ 1,017 $ 25,066 Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period $ — $ (589 ) $ (710 ) $ (1,299 ) For the Six Months Ended December 31, 2019 (Dollars in thousands) Securities – Available-for-Sale: Non-Agency RMBS Mortgage Servicing Rights Derivative Instruments, net Total Opening Balance $ 13,025 $ 9,784 $ 1,246 $ 24,055 Total gains or losses for the period: Included in earnings—Mortgage banking income — (1,272 ) (229 ) (1,501 ) Included in other comprehensive income 840 — — 840 Purchases — 2,750 — 2,750 Settlements (1,078 ) — — (1,078 ) Closing balance $ 12,787 $ 11,262 $ 1,017 $ 25,066 Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period $ — $ (1,272 ) $ (229 ) $ (1,501 ) For the Three Months Ended December 31, 2018 (Dollars in thousands) Securities – Available-for-Sale: Non-Agency RMBS Mortgage Servicing Rights Derivative Instruments, net Total Opening balance $ 14,970 $ 11,216 $ 992 $ 27,178 Total gains or losses for the period: Included in earnings—Mortgage banking income — (566 ) (523 ) (1,089 ) Included in other comprehensive income 108 — — 108 Purchases/originations — 565 — 565 Settlements (657 ) — — (657 ) Closing balance $ 14,421 $ 11,215 $ 469 $ 26,105 Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period $ — $ (566 ) $ (523 ) $ (1,089 ) For the Six Months Ended December 31, 2018 (Dollars in thousands) Securities – Available-for-Sale: Non-Agency RMBS Mortgage Servicing Rights Derivative Instruments, net Total Opening Balance $ 17,443 $ 10,752 $ 953 $ 29,148 Total gains or losses for the period: Included in earnings—Sale of securities (133 ) — — (133 ) Included in earnings—Mortgage banking income — (854 ) (484 ) (1,338 ) Included in other comprehensive income 550 — — 550 Purchases — 1,317 — 1,317 Sales (2,058 ) — — (2,058 ) Settlements (1,381 ) — — (1,381 ) Closing balance $ 14,421 $ 11,215 $ 469 $ 26,105 Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period $ (133 ) $ (854 ) $ (484 ) $ (1,471 )
Schedule of Quantitative Information About Level 3 Fair Value Measurements	The table below summarizes the quantitative information about level 3 fair value measurements as of the dates indicated: December 31, 2019 (Dollars in thousands) Fair Value Valuation Technique Unobservable Input Range (Weighted Average) Securities – Non-agency RMBS $ 12,787 Discounted Cash Flow Projected Constant Prepayment Rate, 2.5 to 24.8% (11.4%) 1.5 to 6.1% (3.3%) Mortgage Servicing Rights $ 11,262 Discounted Cash Flow Projected Constant Prepayment Rate, 3.4 to 29.0% (9.6%) 1.9 to 9.7 (6.6) Derivative Instruments $ 1,017 Sales Comparison Approach Projected Sales Profit of Underlying Loans 0.3 to 0.6% (0.4%) June 30, 2019 (Dollars in thousands) Fair Value Valuation Technique Unobservable Input Range (Weighted Average) Securities – Non-agency RMBS $ 13,025 Discounted Cash Flow Projected Constant Prepayment Rate, 2.9 to 32.5% (10.0%) 1.5 to 10.2% (4.4%) Mortgage Servicing Rights $ 9,784 Discounted Cash Flow Projected Constant Prepayment Rate, 4.7 to 33.7% (10.1%) 1.9 to 8.8 (6.4) Derivative Instruments $ 1,246 Sales Comparison Approach Projected Sales Profit of Underlying Loans 0.4 to 0.8% (0.6%) The following table presents quantitative information about level 3 fair value measurements for financial instruments measured at fair value on a non-recurring basis at the periods indicated: December 31, 2019 (Dollars in thousands) Fair Value Valuation Technique(s) Unobservable Input Range (Weighted Average) 1 Impaired loans and leases: Single family real estate secured: Mortgage $ 49,090 Sales comparison approach Adjustment for differences between the comparable sales -15.3 to 18.5% (0.9%) Multifamily real estate secured $ 1,198 Sales comparison approach, income approach, Discounted cash flows Adjustment for differences between the comparable sales and adjustments for differences in net operating income expectations, capitalization rate 4.5 to 15.0% (9.3%) Commercial real estate secured $ 1,931 Sales comparison approach and income approach Adjustment for differences between the comparable sales and adjustments for differences in net operating income expectations 1.4 to 1.4% (1.4%) Auto and RV secured $ 206 Sales comparison approach Adjustment for differences between the comparable sales -63.2 to 13.2% (-21.6%) Other $ 312 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 $ 7,420 Sales comparison approach Adjustment for differences between the comparable sales 8.8 to 18.7% (16.7%) Autos and RVs $ 136 Sales comparison approach Adjustment for differences between the comparable sales -1.7 to 8.4% (1.5%) 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, 2019 (Dollars in thousands) Fair Value Valuation Technique(s) Unobservable Input Range (Weighted Average) 1 Impaired loans and leases: Single family real estate secured: Mortgage $ 46,005 Sales comparison approach Adjustment for differences between the comparable sales -83.2 to 80% (-2.0%) Multifamily real estate secured $ 2,108 Sales comparison approach and income approach Adjustment for differences between the comparable sales and adjustments for differences in net operating income expectations, capitalization rate -87.9 to 102.7% (-0.1%) Auto and RV secured $ 115 Sales comparison approach Adjustment for differences between the comparable sales -49.0 to 24.0% (2.6%) Other $ 216 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%) -2.2 to 1.1% (-0.6%) Other real estate owned and foreclosed assets: Single family real estate $ 7,449 Sales comparison approach Adjustment for differences between the comparable sales -46.3 to 53.0% (5.3%) Autos and RVs $ 36 Sales comparison approach Adjustment for differences between the comparable sales -13.6 to 56.3% (8.0%) 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.
Schedule of Fair Value Assets Measured on Nonrecurring Basis	The table below summarizes assets measured for impairment on a non-recurring basis: December 31, 2019 (Dollars in thousands) Quoted Prices in Significant Other Significant Balance Impaired Loans and Leases: Single family real estate secured: Mortgage $ — $ — $ 49,090 $ 49,090 Multifamily real estate secured — — 1,198 1,198 Commercial real estate secured — — 1,931 1,931 Auto and RV secured — — 206 206 Other — — 312 312 Total $ — $ — $ 52,737 $ 52,737 Other real estate owned and foreclosed assets: Single family real estate $ — $ — $ 7,420 $ 7,420 Autos and RVs — — 136 136 Total $ — $ — $ 7,556 $ 7,556 June 30, 2019 (Dollars in thousands) Quoted Prices in Significant Other Significant Balance Impaired Loans and Leases: Single family real estate secured: Mortgage $ — $ — $ 46,005 $ 46,005 Multifamily real estate secured — — 2,108 2,108 Auto and RV secured — — 115 115 Other — — 216 216 Total $ — $ — $ 48,444 $ 48,444 Other real estate owned and foreclosed assets: Single family real estate $ — $ — $ 7,449 $ 7,449 Autos and RVs — — 36 36 Total $ — $ — $ 7,485 $ 7,485
Schedule of Aggregate Fair Value, Contractual Balance, and Gains of Loans Held For Sale	As of December 31, 2019 and June 30, 2019 , the aggregate fair value of loans held for sale, carried at fair value, contractual balance (including accrued interest), and gain was as follows: (Dollars in thousands) December 31, 2019 June 30, 2019 Aggregate fair value $ 36,092 $ 33,260 Contractual balance 35,193 32,342 Gain $ 899 $ 918 The total amount of gains and losses from changes in fair value included in earnings for the period indicated below for loans held for sale were: For the Three Months Ended For the Six Months Ended December 31, December 31, (Dollars in thousands) 2019 2018 2019 2018 Interest income $ 291 $ 252 $ 596 $ 566 Change in fair value (728 ) (630 ) (252 ) (711 ) Total $ (437 ) $ (378 ) $ 344 $ (145 )
Schedule of Carrying Amounts and Estimated Fair Values of Financial Instruments at Period-end	The carrying amounts and estimated fair values of financial instruments at December 31, 2019 and June 30, 2019 were as follows: December 31, 2019 Fair Value (Dollars in thousands) Carrying Level 1 Level 2 Level 3 Total Fair Value Financial assets: Cash and cash equivalents $ 1,026,175 $ 1,026,175 $ — $ — $ 1,026,175 Securities trading 1,740 — 1,740 — 1,740 Securities available-for-sale 208,026 — 195,239 12,787 208,026 Loans held for sale, at fair value 36,092 — 36,092 — 36,092 Loans held for sale, at lower of cost or fair value 3,430 — — 3,476 3,476 Loans and leases held for investment—net 10,141,397 — — 10,367,699 10,367,699 Securities borrowed 168,114 — — 168,064 168,064 Customer, broker-dealer and clearing receivables 244,379 — — 244,330 244,330 Mortgage servicing rights 11,262 — — 11,262 11,262 Financial liabilities: Total deposits 10,114,340 — 9,754,175 — 9,754,175 Advances from the Federal Home Loan Bank 257,500 — 260,756 — 260,756 Borrowings, subordinated notes and debentures 62,233 — 65,530 — 65,530 Securities loaned 206,199 — — 206,199 206,199 Customer, broker-dealer and clearing payables 305,669 — — 271,841 271,841 June 30, 2019 Fair Value (Dollars in thousands) Carrying Level 1 Level 2 Level 3 Total Fair Value Financial assets: Cash and cash equivalents $ 857,368 $ 857,368 $ — $ — $ 857,368 Securities available-for-sale 227,513 — 214,488 13,025 227,513 Loans held for sale, at fair value 33,260 — 33,260 — 33,260 Loans held for sale, at lower of cost or fair value 4,800 — — 4,990 4,990 Loans and leases held for investment—net 9,382,124 — — 9,630,061 9,630,061 Securities borrowed 144,706 — — 144,720 144,720 Customer, broker-dealer and clearing receivables 203,192 — — 203,355 203,355 Mortgage servicing rights 9,784 — — 9,784 9,784 Financial liabilities: Total deposits 8,983,173 — 8,758,861 — 8,758,861 Advances from the Federal Home Loan Bank 458,500 — 461,156 — 461,156 Borrowings, subordinated notes and debentures 168,929 — 169,212 — 169,212 Securities loaned 198,356 — — 198,197 198,197 Customer, broker-dealer and clearing payables 238,604 — — 229,987 229,987

SECURITIES (Tables)

SECURITIES (Tables)	6 Months Ended
	Dec. 31, 2019
Investments, Debt and Equity Securities [Abstract]
Schedule of Amortized Cost, Carrying Amount and Fair Value of Available-for-sale Securities	The amortized cost, carrying amount and fair value for the trading and available-for-sale securities at December 31, 2019 and June 30, 2019 were: December 31, 2019 Trading Available-for-sale (Dollars in thousands) Fair Value Amortized Cost Unrealized Gains Unrealized Losses Fair Value Mortgage-backed securities (RMBS): U.S. agencies 1 $ — $ 12,062 $ 137 $ (28 ) $ 12,171 Non-agency 2 — 12,411 867 (491 ) 12,787 Total mortgage-backed securities — 24,473 1,004 (519 ) 24,958 Non-RMBS: U.S. agencies 1 — 1,689 — — 1,689 Municipal 1,740 10,539 20 (183 ) 10,376 Asset-backed securities and structured notes — 170,796 1,008 (801 ) 171,003 Total Non-RMBS 1,740 183,024 1,028 (984 ) 183,068 Total debt securities $ 1,740 $ 207,497 $ 2,032 $ (1,503 ) $ 208,026 June 30, 2019 Trading Available-for-sale (Dollars in thousands) Fair Value Amortized Cost Unrealized Gains Unrealized Losses Fair Value Mortgage-backed securities (RMBS): U.S. agencies 1 $ — $ 9,486 $ 179 $ (79 ) $ 9,586 Non-agency 2 — 13,489 226 (690 ) 13,025 Total mortgage-backed securities — 22,975 405 (769 ) 22,611 Non-RMBS: U.S. agencies 1 — 1,682 3 — 1,685 Municipal — 21,974 16 (828 ) 21,162 Asset-backed securities and structured notes — 179,976 2,088 (9 ) 182,055 Total Non-RMBS — 203,632 2,107 (837 ) 204,902 Total debt securities $ — $ 226,607 $ 2,512 $ (1,606 ) $ 227,513 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 Alt-A or pay-option ARM mortgages.
Schedule of Available-for-sale Securities in Unrealized Loss Position	The securities with unrealized losses, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position were as follows: December 31, 2019 Available-for-sale securities in loss position for 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 RMBS: U.S. agencies $ 3,316 $ (8 ) $ 4,368 $ (20 ) $ 7,684 $ (28 ) Non-agency 30 (1 ) 8,088 (489 ) 8,118 (490 ) Total RMBS securities 3,346 (9 ) 12,456 (509 ) 15,802 (518 ) Non-RMBS: Municipal debt — — 2,998 (183 ) 2,998 (183 ) Asset-backed securities and structured notes 100,843 (795 ) 1,561 (7 ) 102,404 (802 ) Total Non-RMBS 100,843 (795 ) 4,559 (190 ) 105,402 (985 ) Total debt securities $ 104,189 $ (804 ) $ 17,015 $ (699 ) $ 121,204 $ (1,503 ) June 30, 2019 Available-for-sale securities in loss position for 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 RMBS: U.S. agencies $ 44 $ (2 ) $ 4,612 $ (77 ) $ 4,656 $ (79 ) Non-agency 32 (1 ) 8,527 (689 ) 8,559 (690 ) Total RMBS securities 76 (3 ) 13,139 (766 ) 13,215 (769 ) Non-RMBS: Municipal debt — — 12,997 (828 ) 12,997 (828 ) Asset-backed securities and structured notes 101 (1 ) 1,779 (8 ) 1,880 (9 ) Total Non-RMBS 101 (1 ) 14,776 (836 ) 14,877 (837 ) Total debt securities $ 177 $ (4 ) $ 27,915 $ (1,602 ) $ 28,092 $ (1,606 )
Schedule of Credit Losses Recognized on Available-for-sale Securities	The following table summarizes amounts of anticipated credit loss recognized in the income statement through other-than-temporary impairment charges, which reduced non-interest income: For the Six Months Ended December 31, (Dollars in thousands) 2019 2018 Beginning balance $ (821 ) $ — Additions for the amounts related to the credit loss for which an other-than-temporary impairment was not previously recognized — — Increases to the amount related to the credit loss for which other-than-temporary impairment was previously recognized — — Credit losses realized for securities sold — — Ending balance $ (821 ) $ —
Schedule of Unrealized Gain (Loss) on Investments on Available-for-sale Securities	The Company had recorded unrealized gains and unrealized losses in accumulated other comprehensive loss as follows: (Dollars in thousands) December 31, June 30, Available-for-sale debt securities—net unrealized gains (losses) $ 529 $ 905 Available-for-sale debt securities—non-credit related losses (845 ) (845 ) Subtotal (316 ) 60 Tax benefit (expense) 69 (44 ) Net unrealized gain (loss) on investment securities in accumulated other comprehensive income (loss) $ (247 ) $ 16
Schedule of Contractual Maturities of Available-for-sale Securities	The expected maturity distribution of the Company’s mortgage-backed securities and the contractual maturity distribution of the Company’s Non-RMBS securities classified as available-for-sale were: December 31, 2019 Available for sale (Dollars in thousands) Amortized Cost Fair Value RMBS—U.S. agencies 1 : Due within one year $ 1,536 $ 1,540 Due one to five years 5,193 5,213 Due five to ten years 2,635 2,672 Due after ten years 2,698 2,746 Total RMBS—U.S. agencies 1 12,062 12,171 RMBS—Non-agency: Due within one year 2,155 2,184 Due one to five years 5,896 5,958 Due five to ten years 3,436 3,545 Due after ten years 924 1,100 Total RMBS—Non-agency 12,411 12,787 Non-RMBS: Due within one year 41,129 41,444 Due one to five years 136,464 136,366 Due five to ten years 770 730 Due after ten years 4,661 4,528 Total Non-RMBS 183,024 183,068 Total $ 207,497 $ 208,026 1 Residential mortgage-backed security (RMBS) distributions include impact of expected prepayments and other timing factors.

LOANS, LEASES & ALLOWANCE FOR_2

LOANS, LEASES & ALLOWANCE FOR LOAN AND LEASE LOSSES (Tables)	6 Months Ended
	Dec. 31, 2019
Receivables [Abstract]
Schedule of 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) December 31, 2019 June 30, 2019 Single family real estate secured: Mortgage $ 4,137,395 $ 4,281,080 Warehouse 432,230 301,999 Financing 1 471,435 518,560 Multifamily secured - mortgage and financing 2,171,711 1,948,513 Commercial real estate secured - mortgage 393,543 326,154 Auto and RV secured 309,290 290,894 Commercial & Industrial 2,167,314 1,662,629 Other 111,945 119,481 Total gross loans and leases 10,194,863 9,449,310 Allowance for loan and lease losses (59,514 ) (57,085 ) Unaccreted discounts and loan and lease fees 6,048 (10,101 ) Total net loans and leases $ 10,141,397 $ 9,382,124 1 Single family real estate secured: Financing consists of commercial specialty and lender finance loans secured by single family real estate.
Schedule of Allowance for Credit Losses on Financing 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 December 31, 2019 Single Family Real Estate Secured (Dollars in thousands) Mortgage Warehouse Financing MF secured CRE secured Auto and RV Secured Commercial & Industrial Other Total Balance at October 1, 2019 $ 20,573 $ 1,140 $ 3,741 $ 5,308 $ 1,104 $ 4,927 $ 20,719 $ 1,715 $ 59,227 Provision for loan and lease losses (264 ) 288 (150 ) (105 ) 87 404 2,175 2,065 4,500 Charge-offs (145 ) — — — — (344 ) (4,132 ) (765 ) (5,386 ) Recoveries 70 — — 119 — 77 — 907 1,173 Balance at December 31, 2019 $ 20,234 $ 1,428 $ 3,591 $ 5,322 $ 1,191 $ 5,064 $ 18,762 $ 3,922 $ 59,514 For the Three Months Ended December 31, 2018 Single Family Real Estate Secured (Dollars in thousands) Mortgage Warehouse Financing MF secured CRE secured Auto and RV Secured Commercial & Industrial Other Total Balance at October 1, 2018 $ 21,709 $ 496 $ 1,433 $ 4,926 $ 855 $ 3,615 $ 15,885 $ 1,201 $ 50,120 Provision for loan and lease losses 1,276 119 1,289 (93 ) 119 670 (155 ) 1,725 4,950 Charge-offs (739 ) — — — — (311 ) (549 ) (601 ) (2,200 ) Recoveries 3 — — — — 39 — 794 836 Balance at December 31, 2018 $ 22,249 $ 615 $ 2,722 $ 4,833 $ 974 $ 4,013 $ 15,181 $ 3,119 $ 53,706 For the Six Months Ended December 31, 2019 Single Family Real Estate Secured (Dollars in thousands) Mortgage Warehouse Financing MF secured CRE secured Auto and RV Secured Commercial & Industrial Other Total Balance at July 1, 2019 $ 21,295 $ 996 $ 5,331 $ 4,097 $ 1,044 $ 4,818 $ 17,514 $ 1,990 $ 57,085 Provision for loan and lease losses (1,088 ) 432 (1,740 ) 1,106 147 712 5,380 2,251 7,200 Charge-offs (151 ) — — — — (619 ) (4,132 ) (1,561 ) (6,463 ) Recoveries 178 — — 119 — 153 — 1,242 1,692 Balance at December 31, 2019 $ 20,234 $ 1,428 $ 3,591 $ 5,322 $ 1,191 $ 5,064 $ 18,762 $ 3,922 $ 59,514 For the Six Months Ended December 31, 2018 Single Family Real Estate Secured (Dollars in thousands) Mortgage Warehouse Financing MF secured CRE secured Auto and RV Secured Commercial & Industrial Other Total Balance at July 1, 2018 $ 20,382 $ 523 $ 1,557 $ 5,010 $ 849 $ 3,178 $ 16,282 $ 1,370 $ 49,151 Provision for loan and lease losses 2,206 92 1,165 (286 ) 125 1,292 48 908 5,550 Charge-offs (740 ) — — — — (544 ) (1,149 ) (992 ) (3,425 ) Recoveries 401 — — 109 — 87 — 1,833 2,430 Balance at December 31, 2018 $ 22,249 $ 615 $ 2,722 $ 4,833 $ 974 $ 4,013 $ 15,181 $ 3,119 $ 53,706 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: December 31, 2019 Single Family Real Estate Secured (Dollars in thousands) Mortgage Warehouse Financing MF secured CRE secured Auto and RV secured Commercial & Industrial Other Total Allowance for loan and lease losses: Ending allowance balance attributable to loans and leases: Individually evaluated for impairment – general allowance $ 366 $ — $ — $ 1 $ 2 $ 7 $ — $ 19 $ 395 Individually evaluated for impairment – specific allowance — — — — — — — — — Collectively evaluated for impairment 19,868 1,428 3,591 5,321 1,189 5,057 18,762 3,903 59,119 Total ending allowance balance $ 20,234 $ 1,428 $ 3,591 $ 5,322 $ 1,191 $ 5,064 $ 18,762 $ 3,922 $ 59,514 Loans and leases: Loans and leases individually evaluated for impairment $ 49,090 $ — $ — $ 1,198 $ 1,931 $ 206 $ — $ 312 $ 52,737 Loans and leases collectively evaluated for impairment 4,088,305 432,230 471,435 2,170,513 391,612 309,084 2,167,314 111,633 10,142,126 Principal loan and lease balance 4,137,395 432,230 471,435 2,171,711 393,543 309,290 2,167,314 111,945 10,194,863 Unaccreted discounts and loan and lease fees 9,282 — (1,517 ) 4,492 581 2,681 (4,049 ) (5,422 ) 6,048 Total recorded investment in loans and leases $ 4,146,677 $ 432,230 $ 469,918 $ 2,176,203 $ 394,124 $ 311,971 $ 2,163,265 $ 106,523 $ 10,200,911 June 30, 2019 Single Family Real Estate Secured (Dollars in thousands) Mortgage Warehouse Financing MF secured CRE secured Auto and RV secured Commercial & Industrial Other Total Allowance for loan and lease losses: Ending allowance balance attributable to loans and leases: Individually evaluated for impairment – general allowance $ 405 $ — $ — $ 3 $ — $ 1 $ — $ 13 $ 422 Individually evaluated for impairment – specific allowance — — — — — — — — — Collectively evaluated for impairment 20,890 996 5,331 4,094 1,044 4,817 17,514 1,977 56,663 Total ending allowance balance $ 21,295 $ 996 $ 5,331 $ 4,097 $ 1,044 $ 4,818 $ 17,514 $ 1,990 $ 57,085 Loans and leases: Loans and leases individually evaluated for impairment $ 46,005 $ — $ — $ 2,108 $ — $ 115 $ — $ 216 $ 48,444 Loans and leases collectively evaluated for impairment 4,235,075 301,999 518,560 1,946,405 326,154 290,779 1,662,629 119,265 9,400,866 Principal loan and lease balance 4,281,080 301,999 518,560 1,948,513 326,154 290,894 1,662,629 119,481 9,449,310 Unaccreted discounts and loan and lease fees 8,790 — (1,773 ) 5,090 649 2,631 (3,188 ) (22,300 ) (10,101 ) Total recorded investment in loans and leases $ 4,289,870 $ 301,999 $ 516,787 $ 1,953,603 $ 326,803 $ 293,525 $ 1,659,441 $ 97,181 $ 9,439,209
Schedule of Loans and Leases Evaluated for Impairment by Portfolio Class	The following tables present our loans and leases evaluated individually for impairment by portfolio class: December 31, 2019 (Dollars in thousands) Unpaid Principal Balance Principal Balance Adjustment 1 Recorded Investment Accrued Interest / Origination Fees Total Related Allocation of General Allowance Related Allocation of Specific Allowance With no related allowance recorded: Single family real estate secured: Mortgage: In-house originated $ 2,540 $ 522 $ 2,018 $ 141 $ 2,159 $ — $ — Purchased 1,579 975 604 — 604 — — Auto and RV secured: In-house originated 398 257 141 6 147 — — Purchased — — — — — — — Other 3,262 3,262 — 332 332 — — With an allowance recorded: Single family real estate secured: Mortgage: In-house originated 45,517 391 45,126 852 45,978 359 — Purchased 1,536 194 1,342 91 1,433 7 — Multifamily secured - mortgage and financing: In-house originated 1,198 — 1,198 16 1,214 1 — Commercial real estate secured: In-house originated 1,931 — 1,931 20 1,951 2 — Auto and RV secured 78 13 65 1 66 7 — Other 977 665 312 — 312 19 — Total $ 59,016 $ 6,279 $ 52,737 $ 1,459 $ 54,196 $ 395 $ — As a % of total gross loans and leases 0.58 % 0.06 % 0.52 % 0.01 % 0.53 % — % — % June 30, 2019 (Dollars in thousands) Unpaid Principal Balance Principal Balance Adjustment 1 Recorded Investment Accrued Interest / Origination Fees Total Related Allocation of General Allowance Related Allocation of Specific Allowance With no related allowance recorded: Single family real estate secured: Mortgage: In-house originated $ 4,874 $ 1,775 $ 3,099 $ 255 $ 3,354 $ — $ — Purchased 2,237 1,142 1,095 — 1,095 — — Auto and RV secured: In-house originated 326 221 105 4 109 — — With an allowance recorded: Single family real estate secured: Mortgage: In-house originated 40,758 348 40,410 731 41,141 393 — Purchased 1,418 17 1,401 109 1,510 12 — Multifamily secured - mortgage and financing: In-house originated 2,108 — 2,108 9 2,117 3 — Auto and RV Secured 10 — 10 — 10 1 — Other 216 — 216 — 216 13 — Total $ 51,947 $ 3,503 $ 48,444 $ 1,108 $ 49,552 $ 422 $ — As a % of total gross loans and leases 0.55 % 0.04 % 0.51 % 0.01 % 0.52 % — % — % 1 Impaired loans with an allowance recorded do not have any charge-offs. Principal balance adjustments on impaired loans with an allowance recorded represent interest payments that have been applied to the book balance as a result of the loans’ non-accrual status.
Schedule of Nonaccrual Loans and Leases	Nonaccrual loans and leases consisted of the following as of the dates indicated: (Dollars in thousands) December 31, June 30, Single Family Real Estate Secured: Mortgage: In-house originated $ 47,144 $ 43,509 Purchased 1,946 2,496 Multifamily secured - mortgage and financing: In-house originated 1,198 2,108 Commercial real estate secured: In-house originated 1,931 — Total nonaccrual loans secured by real estate 52,219 48,113 Auto and RV secured 206 115 Other 312 216 Total nonaccrual loans and leases $ 52,737 $ 48,444 Nonaccrual loans and leases to total loans and leases 0.52 % 0.51 %
Schedule of Outstanding Principal Balance on Loans and Leases Performing and Nonaccrual	The following tables present the outstanding unpaid balance of loans and leases that are performing and nonaccrual by portfolio class: December 31, 2019 Single Family Real Estate Secured (Dollars in thousands) Mortgage Warehouse Financing MF secured CRE secured Auto and RV secured Commercial & Industrial Other Total Performing $ 4,088,305 $ 432,230 $ 471,435 $ 2,170,513 $ 391,612 $ 309,084 $ 2,167,314 $ 111,633 $ 10,142,126 Nonaccrual 49,090 — — 1,198 1,931 206 — 312 52,737 Total $ 4,137,395 $ 432,230 $ 471,435 $ 2,171,711 $ 393,543 $ 309,290 $ 2,167,314 $ 111,945 $ 10,194,863 June 30, 2019 Single Family Real Estate Secured (Dollars in thousands) Mortgage Warehouse Financing MF secured CRE secured Auto and RV secured Commercial & Industrial Other Total Performing $ 4,235,075 $ 301,999 $ 518,560 $ 1,946,405 $ 326,154 $ 290,779 $ 1,662,629 $ 119,265 $ 9,400,866 Nonaccrual 46,005 — — 2,108 — 115 — 216 48,444 Total $ 4,281,080 $ 301,999 $ 518,560 $ 1,948,513 $ 326,154 $ 290,894 $ 1,662,629 $ 119,481 $ 9,449,310
Schedule of Composition 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: December 31, 2019 (Dollars in thousands) Pass Special Substandard Doubtful Total Single family real estate secured: Mortgage In-house originated $ 3,999,728 $ 53,215 $ 49,382 $ — $ 4,102,325 Purchased 32,962 162 1,946 — 35,070 Warehouse 429,543 2,687 — — 432,230 Financing 423,062 48,373 — — 471,435 Multifamily secured - mortgage and financing In-house originated 2,112,687 11,188 2,071 — 2,125,946 Purchased 44,840 — 925 — 45,765 Commercial real estate secured - mortgage In-house originated 385,208 — 1,931 — 387,139 Purchased 6,404 — — — 6,404 Auto and RV secured 308,714 183 393 — 309,290 Commercial & Industrial 2,143,057 17,005 7,252 — 2,167,314 Other 111,479 236 230 — 111,945 Total $ 9,997,684 $ 133,049 $ 64,130 $ — $ 10,194,863 As a % of total gross loans and leases 98.1 % 1.3 % 0.6 % — % 100.0 % June 30, 2019 (Dollars in thousands) Pass Special Substandard Doubtful Total Single family real estate secured: Mortgage In-house originated $ 4,157,665 $ 37,219 $ 44,568 $ — $ 4,239,452 Purchased 38,534 598 2,496 — 41,628 Warehouse 301,999 — — — 301,999 Financing 440,298 21,600 56,662 — 518,560 Multifamily secured - mortgage and financing In-house originated 1,890,524 427 2,108 — 1,893,059 Purchased 54,514 — 940 — 55,454 Commercial real estate secured - mortgage In-house originated 318,629 — — — 318,629 Purchased 7,525 — — — 7,525 Auto and RV secured 290,691 68 135 — 290,894 Commercial & Industrial 1,660,821 1,722 86 — 1,662,629 Other 119,036 229 216 — 119,481 Total $ 9,280,236 $ 61,863 $ 107,211 $ — $ 9,449,310 As a % of total gross loans and leases 98.2 % 0.7 % 1.1 % — % 100.0 %
Schedule of 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: December 31, 2019 (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 $ 8,625 $ 11,564 $ 36,175 $ 56,364 Purchased 503 10 852 1,365 Multifamily secured - mortgage and financing 425 — — 425 Commercial real estate secured - mortgage — 1,084 — 1,084 Auto and RV secured 1,467 515 144 2,126 Commercial & Industrial 1,141 — — 1,141 Other 355 250 256 861 Total $ 12,516 $ 13,423 $ 37,427 $ 63,366 As a % of total gross loans and leases 0.12 % 0.13 % 0.37 % 0.62 % June 30, 2019 (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 $ 12,008 $ 15,616 $ 35,700 $ 63,324 Purchased 228 — 1,458 1,686 Multifamily secured - mortgage and financing 1,684 — 1,588 3,272 Auto and RV secured 476 155 17 648 Other 250 229 216 695 Total $ 14,646 $ 16,000 $ 38,979 $ 69,625 As a % of total gross loans and leases 0.15 % 0.17 % 0.41 % 0.74 %

LEASES (Tables)

LEASES (Tables)	6 Months Ended
	Dec. 31, 2019
Leases [Abstract]
Schedule of Components of Lease Expense	Supplemental cash flow information related to leases was as follows: (Dollars in thousands) December 31, 2019 Cash paid for amounts included in the measurement of lease liabilities for operating leases: Operating cash flows $ 3,689 ROU assets obtained in the exchange for lease liabilities: ROU assets obtained in exchange for lease liabilities $ — ROU assets recognized upon adoption of new lease standard $ 77,794 The components of lease expense were as follows: (Dollars in thousands) Three Months Ended December 31, 2019 For the Six Months Ended December 31, 2019 Operating Lease Expense $ 2,597 $ 5,235
Schedule of Supplemental Cash Flow Information	Supplemental cash flow information related to leases was as follows: (Dollars in thousands) December 31, 2019 Cash paid for amounts included in the measurement of lease liabilities for operating leases: Operating cash flows $ 3,689 ROU assets obtained in the exchange for lease liabilities: ROU assets obtained in exchange for lease liabilities $ — ROU assets recognized upon adoption of new lease standard $ 77,794 The components of lease expense were as follows: (Dollars in thousands) Three Months Ended December 31, 2019 For the Six Months Ended December 31, 2019 Operating Lease Expense $ 2,597 $ 5,235
Schedule of Supplemental Balance Sheet Information	Supplemental balance sheet information related to leases was as follows: (Dollars in thousands) December 31, 2019 Operating lease right-of-use assets $ 73,767 Operating lease liabilities $ 77,200 Weighted-average remaining lease term (in years): Operating leases 9.76 years Weighted-average discount rate: Operating leases 2.90 %
Schedule of Maturities of Lease Liabilities	Maturities of lease liabilities at December 31, 2019 were as follows: (Dollars in thousands) Operating Leases Remainder of 2020 $ 4,614 2021 8,569 2022 9,226 2023 9,486 2024 9,078 Thereafter 48,423 Total lease payments 89,396 Less: present value discount (12,196 ) Total Lease Liability $ 77,200

EQUITY AND STOCK-BASED COMPEN_2

EQUITY AND STOCK-BASED COMPENSATION (Tables)	6 Months Ended
	Dec. 31, 2019
Share-based Payment Arrangement [Abstract]
Schedule of Unrecognized Compensation Expense Related to Non-vested Awards To be Recognized in the Future	At December 31, 2019 , unrecognized compensation expense related to non-vested awards aggregated to $34,687 and is expected to be recognized in future periods as follows: (Dollars in thousands) Stock Award Compensation Expense For the fiscal year remainder: 2020 $ 9,669 2021 14,219 2022 7,733 2023 1,900 2024 734 Thereafter 432 Total $ 34,687
Schedule of Status and Changes in Restricted Stock Grants	The following table presents the status and changes in restricted stock units for the periods indicated: Restricted Stock Units Weighted-Average Grant-Date Fair Value Non-vested balance at June 30, 2018 1,233,731 $ 24.84 Granted 1,103,249 34.68 Vested (699,223 ) 26.74 Canceled (90,909 ) 29.46 Non-vested balance at June 30, 2019 1,546,848 $ 30.73 Granted 380,765 25.76 Vested (351,556 ) 27.18 Canceled (82,615 ) 29.78 Non-vested balance at December 31, 2019 1,493,442 $ 30.35

EARNINGS PER COMMON SHARE (Tabl

EARNINGS PER COMMON SHARE (Tables)	6 Months Ended
	Dec. 31, 2019
Earnings Per Share [Abstract]
Schedule of Calculation of Basic and Diluted EPS	The following table presents the calculation of basic and diluted EPS: Three Months Ended Six Months Ended December 31, December 31, (Dollars in thousands, except per share data) 2019 2018 2019 2018 Earnings Per Common Share Net income $ 41,295 $ 38,835 $ 82,081 $ 75,676 Preferred stock dividends (78 ) (78 ) (155 ) (155 ) Net income attributable to common stockholders $ 41,217 $ 38,757 $ 81,926 $ 75,521 Average common shares outstanding 61,315,590 62,336,779 61,281,127 62,566,188 Total qualifying shares 61,315,590 62,336,779 61,281,127 62,566,188 Earnings per common share $ 0.67 $ 0.62 $ 1.34 $ 1.21 Diluted Earnings Per Common Share Dilutive net income attributable to common stockholders $ 41,217 $ 38,757 $ 81,926 $ 75,521 Average common shares issued and outstanding 61,315,590 62,336,779 61,281,127 62,566,188 Dilutive effect of average unvested RSUs 623,398 338,097 619,506 480,745 Total dilutive common shares outstanding 61,938,988 62,674,876 61,900,633 63,046,933 Diluted earnings per common share $ 0.67 $ 0.62 $ 1.32 $ 1.20

SEGMENT REPORTING (Tables)

SEGMENT REPORTING (Tables)	6 Months Ended
	Dec. 31, 2019
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment	The following tables present the operating results, goodwill, and assets of the segments: For the Three Months Ended December 31, 2019 (Dollars in thousands) Banking Business Securities Business Corporate/Eliminations Axos Consolidated Net interest income $ 105,340 $ 4,037 $ (957 ) $ 108,420 Provision for loan losses 4,500 — — 4,500 Non-interest income 16,225 6,284 (1,302 ) 21,207 Non-interest expense 53,253 10,455 3,257 66,965 Income before taxes $ 63,812 $ (134 ) $ (5,516 ) $ 58,162 For the Three Months Ended December 31, 2018 (Dollars in thousands) Banking Securities Business Corporate/Eliminations Axos Consolidated Net interest income $ 93,481 $ — $ (761 ) $ 92,720 Provision for loan losses 4,950 — — 4,950 Non-interest income 16,892 — — 16,892 Non-interest expense 45,188 — 5,745 50,933 Income before taxes $ 60,235 $ — $ (6,506 ) $ 53,729 Six Months Ended December 31, 2019 (Dollars in thousands) Banking Securities Business Corporate/Eliminations Axos Consolidated Net interest income $ 204,812 $ 9,183 $ (2,272 ) $ 211,723 Provision for loan losses 7,200 — — 7,200 Non-interest income 32,015 12,685 (1,957 ) 42,743 Non-interest expense 103,886 21,519 7,027 132,432 Income before taxes $ 125,741 $ 349 $ (11,256 ) $ 114,834 Six Months Ended December 31, 2018 (Dollars in thousands) Banking Securities Business Corporate/Eliminations Axos Consolidated Net interest income $ 180,492 $ — $ (1,493 ) $ 178,999 Provision for loan losses 5,550 — — 5,550 Non-interest income 33,435 — — 33,435 Non-interest expense 91,230 — 12,625 103,855 Income before taxes $ 117,147 $ — $ (14,118 ) $ 103,029 December 31, 2019 (Dollars in thousands) Banking Business Securities Business Corporate/Eliminations Axos Consolidated Goodwill $ 35,721 $ 35,501 $ — $ 71,222 Total Assets $ 11,550,782 $ 626,142 $ 92,364 $ 12,269,288 December 31, 2018 (Dollars in thousands) Banking Business Securities Business Corporate/Eliminations Axos Consolidated Goodwill $ 35,721 $ — $ — $ 35,721 Total Assets $ 9,796,674 $ — $ 13,422 $ 9,810,096

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - NARRATIVE (Details) $ in Thousands	6 Months Ended
	Dec. 31, 2019USD ($)segment	Dec. 31, 2019USD ($)	Jul. 01, 2019USD ($)
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Number of operating segments	2	2
Operating lease right-of-use assets	$ 73,767	$ 73,767
Operating lease liabilities	$ 77,200	$ 77,200
ASU 2016-02
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Operating lease right-of-use assets			$ 77,794
Operating lease liabilities			$ 79,700

REVENUE RECOGNITION - NON-INTER

REVENUE RECOGNITION - NON-INTEREST INCOME SEGREGATED BY REVENUE STREAMS (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2019	Dec. 31, 2018
Disaggregation of Revenue [Line Items]
Non-interest income (in-scope of Topic 606)	$ 9,680	$ 5,644	$ 17,893	$ 9,809
Non-interest income (out-of-scope of Topic 606)	11,527	11,248	24,850	23,626
Total non-interest income	21,207	16,892	42,743	33,435
Deposit service fees
Disaggregation of Revenue [Line Items]
Non-interest income (in-scope of Topic 606)	2,475	2,471	2,837	2,679
Card fees
Disaggregation of Revenue [Line Items]
Non-interest income (in-scope of Topic 606)	1,291	1,166	2,621	2,920
Broker-dealer clearing fees
Disaggregation of Revenue [Line Items]
Non-interest income (in-scope of Topic 606)	5,555	0	11,211	0
Bankruptcy trustee and fiduciary service fees
Disaggregation of Revenue [Line Items]
Non-interest income (in-scope of Topic 606)	$ 359	$ 2,007	$ 1,224	$ 4,210

ACQUISITIONS (Details)

ACQUISITIONS (Details) customer in Thousands, client in Thousands	Mar. 15, 2019USD ($)	Feb. 26, 2019USD ($)client	Jan. 28, 2019USD ($)customerbroker-dealer	Nov. 16, 2018USD ($)	Dec. 31, 2019USD ($)acquisition	Jun. 30, 2019acquisition	Dec. 31, 2018USD ($)
Business Acquisition [Line Items]
Number of business acquisitions | acquisition					0	2
Number of assets acquisitions | acquisition					0	2
Goodwill					$ 71,222,000		$ 35,721,000
WiseBanyan Holding
Business Acquisition [Line Items]
Cash consideration		$ 3,200,000
Intangible assets acquired		$ 2,700,000
Axos Clearing
Business Acquisition [Line Items]
Cash consideration			$ 80,860,000
Intangible assets acquired			20,120,000
Goodwill			35,501,000
Transaction costs			400,000
MWA Bank
Business Acquisition [Line Items]
Deposit accounts	$ 173,000,000
Checking, savings and money market accounts	151,000,000
Time deposits	$ 22,000,000
Nationwide Bank
Business Acquisition [Line Items]
Deposit accounts				$ 2,400,000,000
Checking, savings and money market accounts				700,000,000
Time deposits				1,700,000,000
Premium on deposit balances transferred				$ 13,500,000
Subordinated notes | Axos Clearing
Business Acquisition [Line Items]
Subordinated notes			$ 7,500,000
Subordinated notes maturity (in months)			15 months
WiseBanyan Holding
Business Acquisition [Line Items]
Number of clients | client		24
Assets under management		$ 150,000,000
Axos Clearing
Business Acquisition [Line Items]
Number of introducing broker-dealers | broker-dealer			60
Number of customers | customer			90

ACQUISITIONS - FAIR VALUE OF AS

ACQUISITIONS - FAIR VALUE OF ASSETS ACQUIRED (Details) - USD ($) $ in Thousands	Jan. 28, 2019	Dec. 31, 2019	Dec. 31, 2018
Business Acquisition [Line Items]
Goodwill		$ 71,222	$ 35,721
Axos Clearing
Business Acquisition [Line Items]
Cash and due from banks	$ 16,604
Cash segregated for regulatory purposes	142,016
Securities, available for sale	9,585
Stock of the regulatory agencies, at cost	2,431
Furniture, equipment and software—net	0
Securities borrowed	157,898
Customer, broker-dealer and clearing receivables	234,352
Other assets	5,487
Total identifiable assets	568,373
Notes payable to banks	85,100
Securities loaned	203,041
Customer, broker-dealer and clearing payables	240,110
Deferred income tax	0
Accounts payable and accrued liabilities	7,383
Total identifiable liabilities	535,634
Goodwill	35,501
Intangible assets	20,120
Total cash purchase price	80,860
Notes issued	7,500
Total fair value of consideration paid	$ 88,360

FAIR VALUE - ASSETS AND LIABILI

FAIR VALUE - ASSETS AND LIABILITIES MEASURED ON RECURRING BASIS (Details) - USD ($) $ in Thousands		Dec. 31, 2019	Jun. 30, 2019
ASSETS:
Securities - Trading		$ 1,740	$ 0
Loans held for sale, at fair value		36,092	33,260
Agency RMBS
ASSETS:
Securities - Trading	[1]	0	0
Non-Agency RMBS
ASSETS:
Securities - Trading	[2]	0	0
Municipal
ASSETS:
Securities - Trading		1,740	0
Quoted Prices in Active Markets for Identical Assets (Level 1)
ASSETS:
Securities - Trading		0
Loans held for sale, at fair value		0	0
Mortgage servicing rights		0	0
Significant Other Observable Inputs (Level 2)
ASSETS:
Securities - Trading		1,740
Loans held for sale, at fair value		36,092	33,260
Mortgage servicing rights		0	0
Significant Unobservable Inputs (Level 3)
ASSETS:
Securities - Trading		0
Loans held for sale, at fair value		0	0
Mortgage servicing rights		11,262	9,784
Recurring
ASSETS:
Securities available-for-sale		208,026	227,513
Loans held for sale, at fair value		36,092	33,260
Mortgage servicing rights		11,262	9,784
Other assets—Derivative instruments		1,348	1,978
Financial liabilities:
Other liabilities—Derivative instruments		331	732
Recurring | Agency Debt
ASSETS:
Securities available-for-sale	[3]	1,689	1,685
Recurring | Agency RMBS
ASSETS:
Securities available-for-sale	[3]	12,171	9,586
Recurring | Non-Agency RMBS
ASSETS:
Securities available-for-sale	[4]	12,787	13,025
Recurring | Municipal
ASSETS:
Securities - Trading		1,740
Securities available-for-sale		10,376	21,162
Recurring | Asset-backed securities and structured notes
ASSETS:
Securities available-for-sale		171,003	182,055
Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1)
ASSETS:
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
Financial liabilities:
Other liabilities—Derivative instruments		0	0
Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Agency Debt
ASSETS:
Securities available-for-sale	[3]	0	0
Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Agency RMBS
ASSETS:
Securities available-for-sale	[3]	0	0
Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Non-Agency RMBS
ASSETS:
Securities available-for-sale	[4]	0	0
Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Municipal
ASSETS:
Securities - Trading		0
Securities available-for-sale		0	0
Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Asset-backed securities and structured notes
ASSETS:
Securities available-for-sale		0	0
Recurring | Significant Other Observable Inputs (Level 2)
ASSETS:
Securities available-for-sale		195,239	214,488
Loans held for sale, at fair value		36,092	33,260
Mortgage servicing rights		0	0
Other assets—Derivative instruments		0	0
Financial liabilities:
Other liabilities—Derivative instruments		0	0
Recurring | Significant Other Observable Inputs (Level 2) | Agency Debt
ASSETS:
Securities available-for-sale	[3]	1,689	1,685
Recurring | Significant Other Observable Inputs (Level 2) | Agency RMBS
ASSETS:
Securities available-for-sale	[3]	12,171	9,586
Recurring | Significant Other Observable Inputs (Level 2) | Non-Agency RMBS
ASSETS:
Securities available-for-sale	[4]	0	0
Recurring | Significant Other Observable Inputs (Level 2) | Municipal
ASSETS:
Securities - Trading		1,740
Securities available-for-sale		10,376	21,162
Recurring | Significant Other Observable Inputs (Level 2) | Asset-backed securities and structured notes
ASSETS:
Securities available-for-sale		171,003	182,055
Recurring | Significant Unobservable Inputs (Level 3)
ASSETS:
Securities available-for-sale		12,787	13,025
Loans held for sale, at fair value		0	0
Mortgage servicing rights		11,262	9,784
Other assets—Derivative instruments		1,348	1,978
Financial liabilities:
Other liabilities—Derivative instruments		331	732
Recurring | Significant Unobservable Inputs (Level 3) | Agency Debt
ASSETS:
Securities available-for-sale	[3]	0	0
Recurring | Significant Unobservable Inputs (Level 3) | Agency RMBS
ASSETS:
Securities available-for-sale	[3]	0	0
Recurring | Significant Unobservable Inputs (Level 3) | Non-Agency RMBS
ASSETS:
Securities available-for-sale	[4]	12,787	13,025
Recurring | Significant Unobservable Inputs (Level 3) | Municipal
ASSETS:
Securities - Trading		0
Securities available-for-sale		0	0
Recurring | Significant Unobservable Inputs (Level 3) | Asset-backed securities and structured notes
ASSETS:
Securities available-for-sale		$ 0	$ 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 Alt-A or pay-option ARM mortgages.
[3]	U.S. government-backed or government sponsored enterprises including Fannie Mae, Freddie Mac and Ginnie Mae.
[4]	Private sponsors of securities collateralized primarily by pools of 1-4 family residential first mortgages. Primarily super senior securities secured by Alt-A or pay-option ARM mortgages.

FAIR VALUE - LEVEL 3 ASSETS MEA

FAIR VALUE - LEVEL 3 ASSETS MEASURED ON RECURRING BASIS (Details) - Recurring - Level 3 - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2019	Dec. 31, 2018
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Opening Balance	$ 25,491	$ 27,178	$ 24,055	$ 29,148
Total gains or losses for the period - Included in other comprehensive income	151	108	840	550
Purchases, originations, issues, sales and settlements:
Purchases/originations	1,219	565	2,750	1,317
Sales				(2,058)
Settlements	(496)	(657)	(1,078)	(1,381)
Closing balance	25,066	26,105	25,066	26,105
Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period	(1,299)	(1,089)	(1,501)	(1,471)
Included in earnings—Sale of securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Total gains or losses for the period - Included in earnings				(133)
Included in earnings—Mortgage banking income
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Total gains or losses for the period - Included in earnings	(1,299)	(1,089)	(1,501)	(1,338)
Non-Agency RMBS
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Opening Balance	13,132	14,970	13,025	17,443
Total gains or losses for the period - Included in other comprehensive income	151	108	840	550
Purchases, originations, issues, sales and settlements:
Purchases/originations	0	0	0	0
Sales				(2,058)
Settlements	(496)	(657)	(1,078)	(1,381)
Closing balance	12,787	14,421	12,787	14,421
Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period	0	0	0	(133)
Non-Agency RMBS | Included in earnings—Sale of securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Total gains or losses for the period - Included in earnings				(133)
Non-Agency RMBS | Included in earnings—Mortgage banking income
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Total gains or losses for the period - Included in earnings	0	0	0	0
Mortgage Servicing Rights
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Opening Balance	10,632	11,216	9,784	10,752
Total gains or losses for the period - Included in other comprehensive income	0	0	0	0
Purchases, originations, issues, sales and settlements:
Purchases/originations	1,219	565	2,750	1,317
Sales				0
Settlements	0	0	0	0
Closing balance	11,262	11,215	11,262	11,215
Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period	(589)	(566)	(1,272)	(854)
Mortgage Servicing Rights | Included in earnings—Sale of securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Total gains or losses for the period - Included in earnings				0
Mortgage Servicing Rights | Included in earnings—Mortgage banking income
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Total gains or losses for the period - Included in earnings	(589)	(566)	(1,272)	(854)
Derivative Instruments, net
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Opening Balance	1,727	992	1,246	953
Total gains or losses for the period - Included in other comprehensive income	0	0	0	0
Purchases, originations, issues, sales and settlements:
Purchases/originations	0	0	0	0
Sales				0
Settlements	0	0	0	0
Closing balance	1,017	469	1,017	469
Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period	(710)	(523)	(229)	(484)
Derivative Instruments, net | Included in earnings—Sale of securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Total gains or losses for the period - Included in earnings				0
Derivative Instruments, net | Included in earnings—Mortgage banking income
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Total gains or losses for the period - Included in earnings	$ (710)	$ (523)	$ (229)	$ (484)

FAIR VALUE - QUANTITATIVE INFOR

FAIR VALUE - QUANTITATIVE INFORMATION ABOUT LEVEL 3 FAIR VALUE MEASURMENTS (RECURRING) (Details) $ in Thousands		Dec. 31, 2019USD ($)Y	Jun. 30, 2019USD ($)Y
Level 3
Fair Value, Option, Quantitative Disclosures [Line Items]
Mortgage servicing rights		$ 11,262	$ 9,784
Recurring
Fair Value, Option, Quantitative Disclosures [Line Items]
Securities – Non-agency RMBS		208,026	227,513
Mortgage servicing rights		11,262	9,784
Recurring | Non-Agency RMBS
Fair Value, Option, Quantitative Disclosures [Line Items]
Securities – Non-agency RMBS	[1]	12,787	13,025
Recurring | Level 3
Fair Value, Option, Quantitative Disclosures [Line Items]
Securities – Non-agency RMBS		12,787	13,025
Mortgage servicing rights		11,262	9,784
Recurring | Level 3 | Non-Agency RMBS
Fair Value, Option, Quantitative Disclosures [Line Items]
Securities – Non-agency RMBS	[1]	12,787	13,025
Recurring | Level 3 | Non-Agency RMBS | Discounted Cash Flow
Fair Value, Option, Quantitative Disclosures [Line Items]
Securities – Non-agency RMBS		$ 12,787	$ 13,025
Recurring | Level 3 | Non-Agency RMBS | Projected Constant Prepayment Rate | Minimum | Discounted Cash Flow
Fair Value, Option, Quantitative Disclosures [Line Items]
Securities available-for-sale, measurement input		0.025	0.029
Recurring | Level 3 | Non-Agency RMBS | Projected Constant Prepayment Rate | Maximum | Discounted Cash Flow
Fair Value, Option, Quantitative Disclosures [Line Items]
Securities available-for-sale, measurement input		0.248	0.325
Recurring | Level 3 | Non-Agency RMBS | Projected Constant Prepayment Rate | Weighted Average | Discounted Cash Flow
Fair Value, Option, Quantitative Disclosures [Line Items]
Securities available-for-sale, measurement input		0.114	0.100
Recurring | Level 3 | Non-Agency RMBS | Projected Constant Default Rate | Minimum | Discounted Cash Flow
Fair Value, Option, Quantitative Disclosures [Line Items]
Securities available-for-sale, measurement input		0.015	0.015
Recurring | Level 3 | Non-Agency RMBS | Projected Constant Default Rate | Maximum | Discounted Cash Flow
Fair Value, Option, Quantitative Disclosures [Line Items]
Securities available-for-sale, measurement input		0.061	0.102
Recurring | Level 3 | Non-Agency RMBS | Projected Constant Default Rate | Weighted Average | Discounted Cash Flow
Fair Value, Option, Quantitative Disclosures [Line Items]
Securities available-for-sale, measurement input		0.033	0.044
Recurring | Level 3 | Non-Agency RMBS | Projected Loss Severity | Minimum | Discounted Cash Flow
Fair Value, Option, Quantitative Disclosures [Line Items]
Securities available-for-sale, measurement input		0.400	0.400
Recurring | Level 3 | Non-Agency RMBS | Projected Loss Severity | Maximum | Discounted Cash Flow
Fair Value, Option, Quantitative Disclosures [Line Items]
Securities available-for-sale, measurement input		0.683	0.683
Recurring | Level 3 | Non-Agency RMBS | Projected Loss Severity | Weighted Average | Discounted Cash Flow
Fair Value, Option, Quantitative Disclosures [Line Items]
Securities available-for-sale, measurement input		0.598	0.594
Recurring | Level 3 | Non-Agency RMBS | Discount Rate | Minimum | Discounted Cash Flow
Fair Value, Option, Quantitative Disclosures [Line Items]
Securities available-for-sale, measurement input		0.027	0.027
Recurring | Level 3 | Non-Agency RMBS | Discount Rate | Maximum | Discounted Cash Flow
Fair Value, Option, Quantitative Disclosures [Line Items]
Securities available-for-sale, measurement input		0.057	0.069
Recurring | Level 3 | Non-Agency RMBS | Discount Rate | Weighted Average | Discounted Cash Flow
Fair Value, Option, Quantitative Disclosures [Line Items]
Securities available-for-sale, measurement input		0.037	0.041
Recurring | Level 3 | Mortgage Servicing Rights | Discounted Cash Flow
Fair Value, Option, Quantitative Disclosures [Line Items]
Mortgage servicing rights		$ 11,262	$ 9,784
Recurring | Level 3 | Mortgage Servicing Rights | Projected Constant Prepayment Rate | Minimum | Discounted Cash Flow
Fair Value, Option, Quantitative Disclosures [Line Items]
Mortgage servicing right, measurement input		0.034	0.047
Recurring | Level 3 | Mortgage Servicing Rights | Projected Constant Prepayment Rate | Maximum | Discounted Cash Flow
Fair Value, Option, Quantitative Disclosures [Line Items]
Mortgage servicing right, measurement input		0.290	0.337
Recurring | Level 3 | Mortgage Servicing Rights | Projected Constant Prepayment Rate | Weighted Average | Discounted Cash Flow
Fair Value, Option, Quantitative Disclosures [Line Items]
Mortgage servicing right, measurement input		0.096	0.101
Recurring | Level 3 | Mortgage Servicing Rights | Discount Rate | Minimum | Discounted Cash Flow
Fair Value, Option, Quantitative Disclosures [Line Items]
Mortgage servicing right, measurement input		0.095	0.095
Recurring | Level 3 | Mortgage Servicing Rights | Discount Rate | Maximum | Discounted Cash Flow
Fair Value, Option, Quantitative Disclosures [Line Items]
Mortgage servicing right, measurement input		0.130	0.130
Recurring | Level 3 | Mortgage Servicing Rights | Discount Rate | Weighted Average | Discounted Cash Flow
Fair Value, Option, Quantitative Disclosures [Line Items]
Mortgage servicing right, measurement input		0.098	0.098
Recurring | Level 3 | Mortgage Servicing Rights | Life (in years) | Minimum | Discounted Cash Flow
Fair Value, Option, Quantitative Disclosures [Line Items]
Mortgage servicing right, measurement input | Y		1.9	1.9
Recurring | Level 3 | Mortgage Servicing Rights | Life (in years) | Maximum | Discounted Cash Flow
Fair Value, Option, Quantitative Disclosures [Line Items]
Mortgage servicing right, measurement input | Y		9.7	8.8
Recurring | Level 3 | Mortgage Servicing Rights | Life (in years) | Weighted Average | Discounted Cash Flow
Fair Value, Option, Quantitative Disclosures [Line Items]
Mortgage servicing right, measurement input | Y		6.6	6.4
Recurring | Level 3 | Derivative Instruments, net | Sales Comparison Approach
Fair Value, Option, Quantitative Disclosures [Line Items]
Derivative Instruments		$ 1,017	$ 1,246
Recurring | Level 3 | Derivative Instruments, net | Projected Sales Profit of Underlying Loans | Minimum | Sales Comparison Approach
Fair Value, Option, Quantitative Disclosures [Line Items]
Derivative instruments, net, measurement input		0.003	0.004
Recurring | Level 3 | Derivative Instruments, net | Projected Sales Profit of Underlying Loans | Maximum | Sales Comparison Approach
Fair Value, Option, Quantitative Disclosures [Line Items]
Derivative instruments, net, measurement input		0.006	0.008
Recurring | Level 3 | Derivative Instruments, net | Projected Sales Profit of Underlying Loans | Weighted Average | Sales Comparison Approach
Fair Value, Option, Quantitative Disclosures [Line Items]
Derivative instruments, net, measurement input		0.004	0.006
[1]	Private sponsors of securities collateralized primarily by pools of 1-4 family residential first mortgages. Primarily super senior securities secured by Alt-A or pay-option ARM mortgages.

FAIR VALUE - ASSETS MEASURED FO

FAIR VALUE - ASSETS MEASURED FOR IMPAIRMENT ON NONRECURRING BASIS (Details) - Nonrecurring - USD ($) $ in Thousands	Dec. 31, 2019	Jun. 30, 2019
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	$ 52,737	$ 48,444
Other real estate owned and foreclosed assets, fair value	7,556	7,485
Mortgage
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	49,090	46,005
Multifamily real estate secured
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	1,198	2,108
Commercial real estate secured
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	1,931
Auto and RV secured
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	206	115
Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	312	216
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	7,420	7,449
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	136	36
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
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
Quoted Prices in Active Markets for Identical Assets (Level 1) | Multifamily real estate secured
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	0	0
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
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
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
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	0
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
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
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
Significant Other Observable Inputs (Level 2) | Multifamily real estate secured
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	0	0
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
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
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
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	0
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
Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	52,737	48,444
Other real estate owned and foreclosed assets, fair value	7,556	7,485
Significant Unobservable Inputs (Level 3) | Mortgage
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	49,090	46,005
Significant Unobservable Inputs (Level 3) | Multifamily real estate secured
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	1,198	2,108
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	1,931
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	206	115
Significant Unobservable Inputs (Level 3) | Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	312	216
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	7,420	7,449
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	$ 136	$ 36

FAIR VALUE - NARRATIVE (Details

FAIR VALUE - NARRATIVE (Details) - Nonrecurring - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Dec. 31, 2019	Dec. 31, 2019	Jun. 30, 2019
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, carrying amount	$ 52,737	$ 52,737	$ 48,444
Other real estate owned and foreclosed assets, fair value	7,556	7,556	$ 7,485
Nonperforming
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, carrying amount	52,737	52,737
Impaired loans, charge-offs		601
Impaired loans, life to date charge-offs	5,089	5,089
Impaired loans, life to date payments applied to principal		1,190
Impaired loans, life to date principal balance adjustments for allowance write-downs		6,279
Related allowance on impaired loans	395	395
Other real estate owned
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, charge-offs	17
Other real estate owned and foreclosed assets, fair value	$ 7,556	$ 7,556

FAIR VALUE - LOANS HELD-FOR-SAL

FAIR VALUE - LOANS HELD-FOR-SALE (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Jun. 30, 2019
Fair Value Disclosures [Abstract]
Aggregate fair value	$ 36,092		$ 36,092		$ 33,260
Contractual balance	35,193		35,193		32,342
Gain	899		899		$ 918
Interest income	291	$ 252	596	$ 566
Change in fair value	(728)	(630)	(252)	(711)
Total	$ (437)	$ (378)	$ 344	$ (145)

FAIR VALUE - QUANTITATIVE INF_2

FAIR VALUE - QUANTITATIVE INFORMATION ABOUT LEVEL 3 FAIR VALUE MEASURMENTS (NONRECURRING) (Details) - Nonrecurring $ in Thousands		Dec. 31, 2019USD ($)	Jun. 30, 2019USD ($)
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, fair value		$ 52,737	$ 48,444
Other real estate owned and foreclosed assets, fair value		7,556	7,485
Mortgage
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, fair value		49,090	46,005
Multifamily real estate secured
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, fair value		1,198	2,108
Commercial real estate secured
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, fair value		1,931
Auto and RV secured
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, fair value		206	115
Other
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, fair value		312	216
Single family real estate
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Other real estate owned and foreclosed assets, fair value		7,420	7,449
Autos and RVs
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Other real estate owned and foreclosed assets, fair value		136	36
Level 3
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, fair value		52,737	48,444
Other real estate owned and foreclosed assets, fair value		7,556	7,485
Level 3 | Mortgage
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, fair value		49,090	46,005
Level 3 | Mortgage | Sales Comparison Approach
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, fair value		$ 49,090	$ 46,005
Level 3 | Mortgage | Sales Comparison Approach | Adjustment for differences between the comparable sales | Minimum
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, measurement input	[1]	(0.153)	(0.832)
Level 3 | Mortgage | Sales Comparison Approach | Adjustment for differences between the comparable sales | Maximum
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, measurement input	[1]	0.185	0.800
Level 3 | Mortgage | Sales Comparison Approach | Adjustment for differences between the comparable sales | Weighted Average
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, measurement input	[1]	0.009	(0.020)
Level 3 | Multifamily real estate secured
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, fair value		$ 1,198	$ 2,108
Level 3 | Multifamily real estate secured | Sales comparison approach, income approach, Discounted cash flows
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, fair value		$ 1,198
Level 3 | Multifamily real estate secured | Sales comparison approach, income approach, Discounted cash flows | Adjustment for differences between the comparable sales and adjustments for differences in net operating income expectations, capitalization rate | Minimum
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, measurement input	[1]	0.045
Level 3 | Multifamily real estate secured | Sales comparison approach, income approach, Discounted cash flows | Adjustment for differences between the comparable sales and adjustments for differences in net operating income expectations, capitalization rate | Maximum
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, measurement input	[1]	0.150
Level 3 | Multifamily real estate secured | Sales comparison approach, income approach, Discounted cash flows | Adjustment for differences between the comparable sales and adjustments for differences in net operating income expectations, capitalization rate | Weighted Average
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, measurement input	[1]	0.093
Level 3 | Multifamily real estate secured | Sales comparison approach and income approach
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, fair value			$ 2,108
Level 3 | Multifamily real estate secured | Sales comparison approach and income approach | Adjustment for differences between the comparable sales and adjustments for differences in net operating income expectations, capitalization rate | Minimum
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, measurement input	[1]		(0.879)
Level 3 | Multifamily real estate secured | Sales comparison approach and income approach | Adjustment for differences between the comparable sales and adjustments for differences in net operating income expectations, capitalization rate | Maximum
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, measurement input	[1]		1.027
Level 3 | Multifamily real estate secured | Sales comparison approach and income approach | Adjustment for differences between the comparable sales and adjustments for differences in net operating income expectations, capitalization rate | Weighted Average
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, measurement input	[1]		(0.001)
Level 3 | Commercial real estate secured
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, fair value		$ 1,931
Level 3 | Commercial real estate secured | Sales comparison approach and income approach
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, fair value		$ 1,931
Level 3 | Commercial real estate secured | Sales comparison approach and income approach | Adjustment for differences between the comparable sales and adjustments for differences in net operating income expectations, capitalization rate | Minimum
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, measurement input	[1]	0.014
Level 3 | Commercial real estate secured | Sales comparison approach and income approach | Adjustment for differences between the comparable sales and adjustments for differences in net operating income expectations, capitalization rate | Maximum
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, measurement input	[1]	0.0140
Level 3 | Commercial real estate secured | Sales comparison approach and income approach | Adjustment for differences between the comparable sales and adjustments for differences in net operating income expectations, capitalization rate | Weighted Average
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, measurement input	[1]	0.014
Level 3 | Auto and RV secured
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, fair value		$ 206	$ 115
Level 3 | Auto and RV secured | Sales Comparison Approach
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, fair value		$ 206	$ 115
Level 3 | Auto and RV secured | Sales Comparison Approach | Adjustment for differences between the comparable sales | Minimum
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, measurement input	[1]	(0.632)	(0.490)
Level 3 | Auto and RV secured | Sales Comparison Approach | Adjustment for differences between the comparable sales | Maximum
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, measurement input	[1]	0.132	0.240
Level 3 | Auto and RV secured | Sales Comparison Approach | Adjustment for differences between the comparable sales | Weighted Average
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, measurement input	[1]	(0.216)	0.026
Level 3 | Other
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, fair value		$ 312	$ 216
Level 3 | Other | Discounted Cash Flow
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, fair value		$ 312	$ 216
Level 3 | Other | Discounted Cash Flow | Projected Constant Prepayment Rate | Minimum
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, measurement input	[1]	0	0
Level 3 | Other | Discounted Cash Flow | Projected Constant Prepayment Rate | Maximum
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, measurement input	[1]	0	0
Level 3 | Other | Discounted Cash Flow | Projected Constant Prepayment Rate | Weighted Average
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, measurement input	[1]	0	0
Level 3 | Other | Discounted Cash Flow | Projected Constant Default Rate | Minimum
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, measurement input	[1]	0	0
Level 3 | Other | Discounted Cash Flow | Projected Constant Default Rate | Maximum
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, measurement input	[1]	0.100	0.100
Level 3 | Other | Discounted Cash Flow | Projected Constant Default Rate | Weighted Average
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, measurement input	[1]	0.050	0.050
Level 3 | Other | Discounted Cash Flow | Projected Loss Severity | Minimum
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, measurement input	[1]	1	1
Level 3 | Other | Discounted Cash Flow | Projected Loss Severity | Maximum
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, measurement input	[1]	1	1
Level 3 | Other | Discounted Cash Flow | Projected Loss Severity | Weighted Average
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, measurement input	[1]	1	1
Level 3 | Other | Discounted Cash Flow | Discount Rate | Minimum
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, measurement input	[1]	(0.032)	(0.022)
Level 3 | Other | Discounted Cash Flow | Discount Rate | Maximum
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, measurement input	[1]	0.022	0.011
Level 3 | Other | Discounted Cash Flow | Discount Rate | Weighted Average
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, measurement input	[1]	(0.005)	(0.006)
Level 3 | Single family real estate
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Other real estate owned and foreclosed assets, fair value		$ 7,420	$ 7,449
Level 3 | Single family real estate | Sales Comparison Approach
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Other real estate owned and foreclosed assets, fair value		$ 7,420	$ 7,449
Level 3 | Single family real estate | Sales Comparison Approach | Adjustment for differences between the comparable sales | Minimum
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Other real estate owned, measurement input	[1]	0.088	(0.463)
Level 3 | Single family real estate | Sales Comparison Approach | Adjustment for differences between the comparable sales | Maximum
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Other real estate owned, measurement input	[1]	0.187	0.530
Level 3 | Single family real estate | Sales Comparison Approach | Adjustment for differences between the comparable sales | Weighted Average
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Other real estate owned, measurement input	[1]	0.167	0.053
Level 3 | Autos and RVs
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Other real estate owned and foreclosed assets, fair value		$ 136	$ 36
Level 3 | Autos and RVs | Sales Comparison Approach
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Other real estate owned and foreclosed assets, fair value		$ 136	$ 36
Level 3 | Autos and RVs | Sales Comparison Approach | Adjustment for differences between the comparable sales | Minimum
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Other repossessed assets, measurement Input	[1]	(0.017)	(0.136)
Level 3 | Autos and RVs | Sales Comparison Approach | Adjustment for differences between the comparable sales | Maximum
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Other repossessed assets, measurement Input	[1]	0.084	0.563
Level 3 | Autos and RVs | Sales Comparison Approach | Adjustment for differences between the comparable sales | Weighted Average
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Other repossessed assets, measurement Input	[1]	0.015	0.080
[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	Dec. 31, 2019	Jun. 30, 2019
Financial assets:
Securities - Trading	$ 1,740	$ 0
Securities - Available-for-sale	208,026	227,513
Loans held for sale, at fair value	36,092	33,260
Loans held for sale, lower of cost or fair value	3,430	4,800
Securities borrowed	168,114	144,706
Financial liabilities:
Securities loaned	206,199	198,356
Carrying Amount
Financial assets:
Cash and cash equivalents	1,026,175	857,368
Securities - Trading	1,740
Securities - Available-for-sale	208,026	227,513
Loans held for sale, at fair value	36,092	33,260
Loans held for sale, lower of cost or fair value	3,430	4,800
Loans and leases held for investment—net	10,141,397	9,382,124
Securities borrowed	168,114	144,706
Customer, broker-dealer and clearing receivables	244,379	203,192
Mortgage servicing rights	11,262	9,784
Financial liabilities:
Total deposits	10,114,340	8,983,173
Advances from the Federal Home Loan Bank	257,500	458,500
Borrowings, subordinated notes and debentures	62,233	168,929
Securities loaned	206,199	198,356
Customer, broker-dealer and clearing payables	305,669	238,604
Total Fair Value
Financial assets:
Cash and cash equivalents	1,026,175	857,368
Securities - Trading	1,740
Securities - Available-for-sale	208,026	227,513
Loans held for sale, at fair value	36,092	33,260
Loans held for sale, lower of cost or fair value	3,476	4,990
Loans and leases held for investment—net	10,367,699	9,630,061
Securities borrowed	168,064	144,720
Customer, broker-dealer and clearing receivables	244,330	203,355
Mortgage servicing rights	11,262	9,784
Financial liabilities:
Total deposits	9,754,175	8,758,861
Advances from the Federal Home Loan Bank	260,756	461,156
Borrowings, subordinated notes and debentures	65,530	169,212
Securities loaned	206,199	198,197
Customer, broker-dealer and clearing payables	271,841	229,987
Level 1
Financial assets:
Cash and cash equivalents	1,026,175	857,368
Securities - Trading	0
Securities - Available-for-sale	0	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
Securities borrowed	0	0
Customer, broker-dealer and clearing receivables	0	0
Mortgage servicing rights	0	0
Financial liabilities:
Total deposits	0	0
Advances from the Federal Home Loan Bank	0	0
Borrowings, subordinated notes and debentures	0	0
Securities loaned	0	0
Customer, broker-dealer and clearing payables	0	0
Level 2
Financial assets:
Cash and cash equivalents	0	0
Securities - Trading	1,740
Securities - Available-for-sale	195,239	214,488
Loans held for sale, at fair value	36,092	33,260
Loans held for sale, lower of cost or fair value	0	0
Loans and leases held for investment—net	0	0
Securities borrowed	0	0
Customer, broker-dealer and clearing receivables	0	0
Mortgage servicing rights	0	0
Financial liabilities:
Total deposits	9,754,175	8,758,861
Advances from the Federal Home Loan Bank	260,756	461,156
Borrowings, subordinated notes and debentures	65,530	169,212
Securities loaned	0	0
Customer, broker-dealer and clearing payables	0	0
Level 3
Financial assets:
Cash and cash equivalents	0	0
Securities - Trading	0
Securities - Available-for-sale	12,787	13,025
Loans held for sale, at fair value	0	0
Loans held for sale, lower of cost or fair value	3,476	4,990
Loans and leases held for investment—net	10,367,699	9,630,061
Securities borrowed	168,064	144,720
Customer, broker-dealer and clearing receivables	244,330	203,355
Mortgage servicing rights	11,262	9,784
Financial liabilities:
Total deposits	0	0
Advances from the Federal Home Loan Bank	0	0
Borrowings, subordinated notes and debentures	0	0
Securities loaned	206,199	198,197
Customer, broker-dealer and clearing payables	$ 271,841	$ 229,987

SECURITIES - AMORTIZED COST, CA

SECURITIES - AMORTIZED COST, CARRYING AMOUNT AND FAIR VALUE DISCLOSURES (Details) - USD ($) $ in Thousands		Dec. 31, 2019		Jun. 30, 2019	Jun. 30, 2014
Debt Securities, Available-for-sale [Line Items]
Securities Trading - Fair Value		$ 1,740		$ 0
Amortized Cost		207,497		226,607
Unrealized Gains		2,032		2,512
Unrealized Losses		(1,503)		(1,606)
Fair Value		208,026		227,513
Total RMBS securities
Debt Securities, Available-for-sale [Line Items]
Securities Trading - Fair Value		0		0
Amortized Cost		24,473		22,975
Unrealized Gains		1,004		405
Unrealized Losses		(519)		(769)
Fair Value		24,958		22,611
U.S. agencies
Debt Securities, Available-for-sale [Line Items]
Securities Trading - Fair Value	[1]	0		0
Amortized Cost	[1]	12,062		9,486
Unrealized Gains	[1]	137		179
Unrealized Losses	[1]	(28)		(79)
Fair Value	[1]	12,171	[2]	9,586
Non-agency
Debt Securities, Available-for-sale [Line Items]
Securities Trading - Fair Value	[3]	0		0
Amortized Cost	[3]	12,411		13,489
Unrealized Gains	[3]	867		226
Unrealized Losses	[3]	(491)		(690)
Fair Value	[3]	12,787		13,025
Total Non-RMBS
Debt Securities, Available-for-sale [Line Items]
Securities Trading - Fair Value		1,740		0
Amortized Cost		183,024		203,632
Unrealized Gains		1,028		2,107
Unrealized Losses		(984)		(837)
Fair Value		183,068		204,902
U.S. agencies
Debt Securities, Available-for-sale [Line Items]
Securities Trading - Fair Value		0	[1]		$ 0
Amortized Cost	[1]	1,689		1,682
Unrealized Gains	[1]	0		3
Unrealized Losses	[1]	0		0
Fair Value	[1]	1,689		1,685
Municipal debt
Debt Securities, Available-for-sale [Line Items]
Securities Trading - Fair Value		1,740		0
Amortized Cost		10,539		21,974
Unrealized Gains		20		16
Unrealized Losses		(183)		(828)
Fair Value		10,376		21,162
Asset-backed securities and structured notes
Debt Securities, Available-for-sale [Line Items]
Securities Trading - Fair Value		0		0
Amortized Cost		170,796		179,976
Unrealized Gains		1,008		2,088
Unrealized Losses		(801)		(9)
Fair Value		$ 171,003		$ 182,055
[1]	U.S. government-backed or government sponsored enterprises including Fannie Mae, Freddie Mac and Ginnie Mae.
[2]	Residential mortgage-backed security (RMBS) distributions include impact of expected prepayments and other timing factors.
[3]	Private sponsors of securities collateralized primarily by pools of 1-4 family residential first mortgages. Primarily super senior securities secured by Alt-A or pay-option ARM mortgages.

SECURITIES - NARRATIVE (Details

SECURITIES - NARRATIVE (Details)		3 Months Ended		6 Months Ended
		Dec. 31, 2019USD ($)security	Dec. 31, 2018USD ($)	Dec. 31, 2019USD ($)security	Dec. 31, 2018USD ($)	Jun. 30, 2019USD ($)security	Jun. 30, 2018USD ($)
Debt Securities, Available-for-sale [Line Items]
Securities - Available-for-sale		$ 208,026,000		$ 208,026,000		$ 227,513,000
Number of available-for-sale securities in continuous loss position for a period of more than 12 months | security		18		18		21
Number of available-for-sale securities in continuous loss position for a period of less than 12 months | security		5		5		3
Cumulative credit losses		$ 821,000	$ 0	$ 821,000	$ 0	$ 821,000	$ 0
Available-for-sale securities sold, carrying value			2,059,000		2,059,000
Proceeds from sales of available-for-sale securities			1,927,000	0	$ 1,927,000
Realized loss on sale of available-for-sale securities			$ 133,000
Trading securities sold, carrying value		4,364		4,364
Realized gain on sale of trading securities		$ 35,000
Number of available-for-sale securities sold | security		0
Asset Pledged as Collateral
Debt Securities, Available-for-sale [Line Items]
Available-for-sale securities pledged as collateral		$ 3,462,000		3,462,000		3,555,000
Non-agency
Debt Securities, Available-for-sale [Line Items]
Securities - Available-for-sale	[1]	$ 12,787,000		$ 12,787,000		$ 13,025,000
Number of non-agency RMBS | security		1		1
Carrying amount of securities with cumulative credit losses		$ 3,567,000		$ 3,567,000
Cumulative credit losses		821,000		$ 821,000
Credit losses recognized in earnings		$ 0
RMBS, Super Senior Securities
Debt Securities, Available-for-sale [Line Items]
Available-for-sale, number of securities | security		14		14
[1]	Private sponsors of securities collateralized primarily by pools of 1-4 family residential first mortgages. Primarily super senior securities secured by Alt-A or pay-option ARM mortgages.

SECURITIES - SCHEDULE OF UNREAL

SECURITIES - SCHEDULE OF UNREALIZED LOSS ON INVESTMENTS (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Jun. 30, 2019
Debt Securities, Available-for-sale [Line Items]
Available-for-sale securities in loss position for less than 12 Months, Fair Value	$ 104,189	$ 177
Available-for-sale securities in loss position for less than 12 Months, Gross Unrealized Losses	(804)	(4)
Available-for-sale securities in loss position for more than 12 Months, Fair Value	17,015	27,915
Available-for-sale securities in loss position for more than 12 Months, Fair Value	(699)	(1,602)
Available-for-sale securities, Fair Value	121,204	28,092
Available-for-sale securities, Gross Unrealized Losses	(1,503)	(1,606)
Total RMBS securities
Debt Securities, Available-for-sale [Line Items]
Available-for-sale securities in loss position for less than 12 Months, Fair Value	3,346	76
Available-for-sale securities in loss position for less than 12 Months, Gross Unrealized Losses	(9)	(3)
Available-for-sale securities in loss position for more than 12 Months, Fair Value	12,456	13,139
Available-for-sale securities in loss position for more than 12 Months, Fair Value	(509)	(766)
Available-for-sale securities, Fair Value	15,802	13,215
Available-for-sale securities, Gross Unrealized Losses	(518)	(769)
U.S. agencies
Debt Securities, Available-for-sale [Line Items]
Available-for-sale securities in loss position for less than 12 Months, Fair Value	3,316	44
Available-for-sale securities in loss position for less than 12 Months, Gross Unrealized Losses	(8)	(2)
Available-for-sale securities in loss position for more than 12 Months, Fair Value	4,368	4,612
Available-for-sale securities in loss position for more than 12 Months, Fair Value	(20)	(77)
Available-for-sale securities, Fair Value	7,684	4,656
Available-for-sale securities, Gross Unrealized Losses	(28)	(79)
Non-agency
Debt Securities, Available-for-sale [Line Items]
Available-for-sale securities in loss position for less than 12 Months, Fair Value	30	32
Available-for-sale securities in loss position for less than 12 Months, Gross Unrealized Losses	(1)	(1)
Available-for-sale securities in loss position for more than 12 Months, Fair Value	8,088	8,527
Available-for-sale securities in loss position for more than 12 Months, Fair Value	(489)	(689)
Available-for-sale securities, Fair Value	8,118	8,559
Available-for-sale securities, Gross Unrealized Losses	(490)	(690)
Total Non-RMBS
Debt Securities, Available-for-sale [Line Items]
Available-for-sale securities in loss position for less than 12 Months, Fair Value	100,843	101
Available-for-sale securities in loss position for less than 12 Months, Gross Unrealized Losses	(795)	(1)
Available-for-sale securities in loss position for more than 12 Months, Fair Value	4,559	14,776
Available-for-sale securities in loss position for more than 12 Months, Fair Value	(190)	(836)
Available-for-sale securities, Fair Value	105,402	14,877
Available-for-sale securities, Gross Unrealized Losses	(985)	(837)
Municipal debt
Debt Securities, Available-for-sale [Line Items]
Available-for-sale securities in loss position for less than 12 Months, Fair Value	0	0
Available-for-sale securities in loss position for less than 12 Months, Gross Unrealized Losses	0	0
Available-for-sale securities in loss position for more than 12 Months, Fair Value	2,998	12,997
Available-for-sale securities in loss position for more than 12 Months, Fair Value	(183)	(828)
Available-for-sale securities, Fair Value	2,998	12,997
Available-for-sale securities, Gross Unrealized Losses	(183)	(828)
Asset-backed securities and structured notes
Debt Securities, Available-for-sale [Line Items]
Available-for-sale securities in loss position for less than 12 Months, Fair Value	100,843	101
Available-for-sale securities in loss position for less than 12 Months, Gross Unrealized Losses	(795)	(1)
Available-for-sale securities in loss position for more than 12 Months, Fair Value	1,561	1,779
Available-for-sale securities in loss position for more than 12 Months, Fair Value	(7)	(8)
Available-for-sale securities, Fair Value	102,404	1,880
Available-for-sale securities, Gross Unrealized Losses	$ (802)	$ (9)

SECURITIES - OTHER THAN TEMPORA

SECURITIES - OTHER THAN TEMPORARY IMPAIRMENT, CREDIT LOSSES RECOGNIZED IN EARNINGS (Details) - USD ($) $ in Thousands	6 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Roll Forward]
Beginning balance	$ (821)	$ 0
Additions for the amounts related to the credit loss for which an other-than-temporary impairment was not previously recognized	0	0
Increases to the amount related to the credit loss for which other-than-temporary impairment was previously recognized	0	0
Credit losses realized for securities sold	0	0
Ending balance	$ (821)	$ 0

SECURITIES - UNREALIZED GAIN (L

SECURITIES - UNREALIZED GAIN (LOSS) ON INVESTMENTS (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Jun. 30, 2019
Investments, Debt and Equity Securities [Abstract]
Available-for-sale debt securities—net unrealized gains (losses)	$ 529	$ 905
Available-for-sale debt securities—non-credit related losses	(845)	(845)
Subtotal	(316)	60
Tax benefit (expense)	69	(44)
Net unrealized gain (loss) on investment securities in accumulated other comprehensive income (loss)	$ (247)	$ 16

SECURITIES - INVESTMENTS CLASSI

SECURITIES - INVESTMENTS CLASSIFIED BY CONTRACTUAL MATURITY DATE (Details) - USD ($) $ in Thousands		Dec. 31, 2019		Jun. 30, 2019
Available-for-sale, Amortized Cost:
Available-for-sale, Amortized Cost		$ 207,497
Available-for-sale, Fair Value:
Available-for-sale, Fair Value		208,026		$ 227,513
U.S. agencies
Available-for-sale, Amortized Cost:
Due within one year	[1]	1,536
Due one to five years	[1]	5,193
Due five to ten years	[1]	2,635
Due after ten years	[1]	2,698
Available-for-sale, Amortized Cost	[1]	12,062
Available-for-sale, Fair Value:
Due within one year	[1]	1,540
Due one to five years	[1]	5,213
Due five to ten years	[1]	2,672
Due after ten years	[1]	2,746
Available-for-sale, Fair Value	[2]	12,171	[1]	9,586
Non-agency
Available-for-sale, Amortized Cost:
Due within one year		2,155
Due one to five years		5,896
Due five to ten years		3,436
Due after ten years		924
Available-for-sale, Amortized Cost		12,411
Available-for-sale, Fair Value:
Due within one year		2,184
Due one to five years		5,958
Due five to ten years		3,545
Due after ten years		1,100
Available-for-sale, Fair Value	[3]	12,787		13,025
Total Non-RMBS
Available-for-sale, Amortized Cost:
Due within one year		41,129
Due one to five years		136,464
Due five to ten years		770
Due after ten years		4,661
Available-for-sale, Amortized Cost		183,024
Available-for-sale, Fair Value:
Due within one year		41,444
Due one to five years		136,366
Due five to ten years		730
Due after ten years		4,528
Available-for-sale, Fair Value		$ 183,068		$ 204,902
[1]	Residential mortgage-backed security (RMBS) distributions include impact of expected prepayments and other timing factors.
[2]	U.S. government-backed or government sponsored enterprises including Fannie Mae, Freddie Mac and Ginnie Mae.
[3]	Private sponsors of securities collateralized primarily by pools of 1-4 family residential first mortgages. Primarily super senior securities secured by Alt-A or pay-option ARM mortgages.

LOANS, LEASES & ALLOWANCE FOR_3

LOANS, LEASES & ALLOWANCE FOR LOAN AND LEASE LOSSES - LOAN PORTFOLIO COMPOSITION (Details) - USD ($) $ in Thousands		Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans and leases		$ 10,194,863		$ 9,449,310
Allowance for loan and lease losses		(59,514)	$ (59,227)	(57,085)	$ (53,706)	$ (50,120)	$ (49,151)
Unaccreted discounts and loan and lease fees		6,048		(10,101)
Total net loans and leases		10,141,397		9,382,124
Mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans and leases		4,137,395		4,281,080
Allowance for loan and lease losses		(20,234)	(20,573)	(21,295)	(22,249)	(21,709)	(20,382)
Unaccreted discounts and loan and lease fees		9,282		8,790
Warehouse
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans and leases		432,230		301,999
Allowance for loan and lease losses		(1,428)	(1,140)	(996)	(615)	(496)	(523)
Unaccreted discounts and loan and lease fees		0		0
Financing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans and leases		471,435		518,560
Allowance for loan and lease losses		(3,591)	(3,741)	(5,331)	(2,722)	(1,433)	(1,557)
Unaccreted discounts and loan and lease fees		(1,517)		(1,773)
Multifamily secured - mortgage and financing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans and leases		2,171,711		1,948,513
Allowance for loan and lease losses		(5,322)	(5,308)	(4,097)	(4,833)	(4,926)	(5,010)
Unaccreted discounts and loan and lease fees		4,492		5,090
Commercial real estate secured - mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans and leases		393,543		326,154
Allowance for loan and lease losses		(1,191)	(1,104)	(1,044)	(974)	(855)	(849)
Unaccreted discounts and loan and lease fees		581		649
Auto and RV secured
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans and leases		309,290		290,894
Allowance for loan and lease losses		(5,064)	(4,927)	(4,818)	(4,013)	(3,615)	(3,178)
Unaccreted discounts and loan and lease fees		2,681		2,631
Commercial & Industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans and leases		2,167,314		1,662,629
Allowance for loan and lease losses		(18,762)	(20,719)	(17,514)	(15,181)	(15,885)	(16,282)
Unaccreted discounts and loan and lease fees		(4,049)		(3,188)
Other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans and leases		111,945		119,481
Allowance for loan and lease losses		(3,922)	$ (1,715)	(1,990)	$ (3,119)	$ (1,201)	$ (1,370)
Unaccreted discounts and loan and lease fees		(5,422)		(22,300)
Residential Portfolio Segment | Mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans and leases		4,137,395		4,281,080
Residential Portfolio Segment | Warehouse
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans and leases		432,230		301,999
Residential Portfolio Segment | Financing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans and leases	[1]	471,435		518,560
Residential Portfolio Segment | Multifamily secured - mortgage and financing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans and leases		2,171,711		1,948,513
Commercial Real Estate Portfolio Segment | Commercial real estate secured - mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans and leases		393,543		326,154
Consumer Portfolio Segment | Auto and RV secured
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans and leases		309,290		290,894
Commercial Portfolio Segment | Commercial & Industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans and leases		2,167,314		1,662,629
Unallocated Financing Receivables | Other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans and leases		$ 111,945		$ 119,481
[1]	Single family real estate secured: Financing consists of commercial specialty and lender finance loans secured by single family real estate.

LOANS, LEASES & ALLOWANCE FOR_4

LOANS, LEASES & ALLOWANCE FOR LOAN AND LEASE LOSSES - ALLOWANCE FOR LOAN LOSS BY PORTFOLIO CLASS (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2019	Dec. 31, 2018
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period	$ 59,227	$ 50,120	$ 57,085	$ 49,151
Provision for loan and lease losses	4,500	4,950	7,200	5,550
Charge-offs	(5,386)	(2,200)	(6,463)	(3,425)
Recoveries	1,173	836	1,692	2,430
Balance, end of period	59,514	53,706	59,514	53,706
Mortgage
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period	20,573	21,709	21,295	20,382
Provision for loan and lease losses	(264)	1,276	(1,088)	2,206
Charge-offs	(145)	(739)	(151)	(740)
Recoveries	70	3	178	401
Balance, end of period	20,234	22,249	20,234	22,249
Warehouse
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period	1,140	496	996	523
Provision for loan and lease losses	288	119	432	92
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Balance, end of period	1,428	615	1,428	615
Financing
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period	3,741	1,433	5,331	1,557
Provision for loan and lease losses	(150)	1,289	(1,740)	1,165
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Balance, end of period	3,591	2,722	3,591	2,722
Multifamily secured - mortgage and financing
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period	5,308	4,926	4,097	5,010
Provision for loan and lease losses	(105)	(93)	1,106	(286)
Charge-offs	0	0	0	0
Recoveries	119	0	119	109
Balance, end of period	5,322	4,833	5,322	4,833
Commercial real estate secured - mortgage
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period	1,104	855	1,044	849
Provision for loan and lease losses	87	119	147	125
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Balance, end of period	1,191	974	1,191	974
Auto and RV secured
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period	4,927	3,615	4,818	3,178
Provision for loan and lease losses	404	670	712	1,292
Charge-offs	(344)	(311)	(619)	(544)
Recoveries	77	39	153	87
Balance, end of period	5,064	4,013	5,064	4,013
Commercial & Industrial
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period	20,719	15,885	17,514	16,282
Provision for loan and lease losses	2,175	(155)	5,380	48
Charge-offs	(4,132)	(549)	(4,132)	(1,149)
Recoveries	0	0	0	0
Balance, end of period	18,762	15,181	18,762	15,181
Other
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period	1,715	1,201	1,990	1,370
Provision for loan and lease losses	2,065	1,725	2,251	908
Charge-offs	(765)	(601)	(1,561)	(992)
Recoveries	907	794	1,242	1,833
Balance, end of period	$ 3,922	$ 3,119	$ 3,922	$ 3,119

LOANS, LEASES & ALLOWANCE FOR_5

LOANS, LEASES & ALLOWANCE FOR LOAN AND LEASE LOSSES - LOANS INDIVIDUALLY EVALUATED FOR IMPAIRMENT (Details) - USD ($) $ in Thousands		Dec. 31, 2019	Jun. 30, 2019
With an allowance recorded:
Unpaid Principal Balance		$ 59,016	$ 51,947
Principal Balance Adjustment	[1]	6,279	3,503
Recorded Investment		52,737	48,444
Accrued Interest / Origination Fees		1,459	1,108
Total		54,196	49,552
Related Allocation of General Allowance		395	422
Related Allocation of Specific Allowance		$ 0	$ 0
As a % of total gross loans and leases
Unpaid Principal Balance		0.58%	0.55%
Principal Balance Adjustment	[1]	0.06%	0.04%
Recorded Investment		0.52%	0.51%
Accrued Interest / Origination Fees		0.01%	0.01%
Total		0.53%	0.52%
Related Allocation of General Allowance		0.00%	0.00%
Related Allocation of Specific Allowance		0.00%	0.00%
Mortgage | In-house originated
With no related allowance recorded:
Unpaid Principal Balance		$ 2,540	$ 4,874
Principal Balance Adjustment		522	1,775
Recorded Investment		2,018	3,099
Accrued Interest / Origination Fees		141	255
Total		2,159	3,354
With an allowance recorded:
Unpaid Principal Balance		45,517	40,758
Principal Balance Adjustment	[1]	391	348
Recorded Investment		45,126	40,410
Accrued Interest / Origination Fees		852	731
Total		45,978	41,141
Related Allocation of General Allowance		359	393
Related Allocation of Specific Allowance		0	0
Mortgage | Purchased
With no related allowance recorded:
Unpaid Principal Balance		1,579	2,237
Principal Balance Adjustment		975	1,142
Recorded Investment		604	1,095
Accrued Interest / Origination Fees		0	0
Total		604	1,095
With an allowance recorded:
Unpaid Principal Balance		1,536	1,418
Principal Balance Adjustment	[1]	194	17
Recorded Investment		1,342	1,401
Accrued Interest / Origination Fees		91	109
Total		1,433	1,510
Related Allocation of General Allowance		7	12
Related Allocation of Specific Allowance		0	0
Multifamily secured - mortgage and financing | In-house originated
With an allowance recorded:
Unpaid Principal Balance		1,198	2,108
Principal Balance Adjustment	[1]	0	0
Recorded Investment		1,198	2,108
Accrued Interest / Origination Fees		16	9
Total		1,214	2,117
Related Allocation of General Allowance		1	3
Related Allocation of Specific Allowance		0	0
CRE secured | In-house originated
With an allowance recorded:
Unpaid Principal Balance		1,931
Principal Balance Adjustment	[1]	0
Recorded Investment		1,931
Accrued Interest / Origination Fees		20
Total		1,951
Related Allocation of General Allowance		2
Related Allocation of Specific Allowance		0
Auto and RV secured
With an allowance recorded:
Unpaid Principal Balance		78	10
Principal Balance Adjustment	[1]	13	0
Recorded Investment		65	10
Accrued Interest / Origination Fees		1	0
Total		66	10
Related Allocation of General Allowance		7	1
Related Allocation of Specific Allowance		0	0
Auto and RV secured | In-house originated
With no related allowance recorded:
Unpaid Principal Balance		398	326
Principal Balance Adjustment		257	221
Recorded Investment		141	105
Accrued Interest / Origination Fees		6	4
Total		147	109
Auto and RV secured | Purchased
With no related allowance recorded:
Unpaid Principal Balance		0
Principal Balance Adjustment		0
Recorded Investment		0
Accrued Interest / Origination Fees		0
Total		0
Other
With no related allowance recorded:
Unpaid Principal Balance		3,262
Principal Balance Adjustment		3,262
Recorded Investment		0
Accrued Interest / Origination Fees		332
Total		332
With an allowance recorded:
Unpaid Principal Balance		977	216
Principal Balance Adjustment	[1]	665	0
Recorded Investment		312	216
Accrued Interest / Origination Fees		0	0
Total		312	216
Related Allocation of General Allowance		19	13
Related Allocation of Specific Allowance		$ 0	$ 0
[1]	Impaired loans with an allowance recorded do not have any charge-offs. Principal balance adjustments on impaired loans with an allowance recorded represent interest payments that have been applied to the book balance as a result of the loans’ non-accrual status.

LOANS, LEASES & ALLOWANCE FOR_6

LOANS, LEASES & ALLOWANCE FOR LOAN AND LEASE LOSSES - ALLOWANCE FOR LOAN LOSS BY PORTFOLIO SEGMENT (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Jun. 30, 2019
Financing Receivable, Allowance for Credit Loss [Line Items]
Individually evaluated for impairment – general allowance	$ 395	$ 422
Individually evaluated for impairment – specific allowance	0	0
Collectively evaluated for impairment	59,119	56,663
Total ending allowance balance	59,514	57,085
Loans and leases individually evaluated for impairment	52,737	48,444
Loans and leases collectively evaluated for impairment	10,142,126	9,400,866
Principal loan and lease balance	10,194,863	9,449,310
Unaccreted discounts and loan and lease fees	6,048	(10,101)
Total recorded investment in loans and leases	10,200,911	9,439,209
Mortgage
Financing Receivable, Allowance for Credit Loss [Line Items]
Individually evaluated for impairment – general allowance	366	405
Individually evaluated for impairment – specific allowance	0	0
Collectively evaluated for impairment	19,868	20,890
Total ending allowance balance	20,234	21,295
Loans and leases individually evaluated for impairment	49,090	46,005
Loans and leases collectively evaluated for impairment	4,088,305	4,235,075
Principal loan and lease balance	4,137,395	4,281,080
Unaccreted discounts and loan and lease fees	9,282	8,790
Total recorded investment in loans and leases	4,146,677	4,289,870
Warehouse
Financing Receivable, Allowance for Credit Loss [Line Items]
Individually evaluated for impairment – general allowance	0	0
Individually evaluated for impairment – specific allowance	0	0
Collectively evaluated for impairment	1,428	996
Total ending allowance balance	1,428	996
Loans and leases individually evaluated for impairment	0	0
Loans and leases collectively evaluated for impairment	432,230	301,999
Principal loan and lease balance	432,230	301,999
Unaccreted discounts and loan and lease fees	0	0
Total recorded investment in loans and leases	432,230	301,999
Financing
Financing Receivable, Allowance for Credit Loss [Line Items]
Individually evaluated for impairment – general allowance	0	0
Individually evaluated for impairment – specific allowance	0	0
Collectively evaluated for impairment	3,591	5,331
Total ending allowance balance	3,591	5,331
Loans and leases individually evaluated for impairment	0	0
Loans and leases collectively evaluated for impairment	471,435	518,560
Principal loan and lease balance	471,435	518,560
Unaccreted discounts and loan and lease fees	(1,517)	(1,773)
Total recorded investment in loans and leases	469,918	516,787
Multifamily secured - mortgage and financing
Financing Receivable, Allowance for Credit Loss [Line Items]
Individually evaluated for impairment – general allowance	1	3
Individually evaluated for impairment – specific allowance	0	0
Collectively evaluated for impairment	5,321	4,094
Total ending allowance balance	5,322	4,097
Loans and leases individually evaluated for impairment	1,198	2,108
Loans and leases collectively evaluated for impairment	2,170,513	1,946,405
Principal loan and lease balance	2,171,711	1,948,513
Unaccreted discounts and loan and lease fees	4,492	5,090
Total recorded investment in loans and leases	2,176,203	1,953,603
CRE secured
Financing Receivable, Allowance for Credit Loss [Line Items]
Individually evaluated for impairment – general allowance	2	0
Individually evaluated for impairment – specific allowance	0	0
Collectively evaluated for impairment	1,189	1,044
Total ending allowance balance	1,191	1,044
Loans and leases individually evaluated for impairment	1,931	0
Loans and leases collectively evaluated for impairment	391,612	326,154
Principal loan and lease balance	393,543	326,154
Unaccreted discounts and loan and lease fees	581	649
Total recorded investment in loans and leases	394,124	326,803
Auto and RV secured
Financing Receivable, Allowance for Credit Loss [Line Items]
Individually evaluated for impairment – general allowance	7	1
Individually evaluated for impairment – specific allowance	0	0
Collectively evaluated for impairment	5,057	4,817
Total ending allowance balance	5,064	4,818
Loans and leases individually evaluated for impairment	206	115
Loans and leases collectively evaluated for impairment	309,084	290,779
Principal loan and lease balance	309,290	290,894
Unaccreted discounts and loan and lease fees	2,681	2,631
Total recorded investment in loans and leases	311,971	293,525
Commercial & Industrial
Financing Receivable, Allowance for Credit Loss [Line Items]
Individually evaluated for impairment – general allowance	0	0
Individually evaluated for impairment – specific allowance	0	0
Collectively evaluated for impairment	18,762	17,514
Total ending allowance balance	18,762	17,514
Loans and leases individually evaluated for impairment	0	0
Loans and leases collectively evaluated for impairment	2,167,314	1,662,629
Principal loan and lease balance	2,167,314	1,662,629
Unaccreted discounts and loan and lease fees	(4,049)	(3,188)
Total recorded investment in loans and leases	2,163,265	1,659,441
Other
Financing Receivable, Allowance for Credit Loss [Line Items]
Individually evaluated for impairment – general allowance	19	13
Individually evaluated for impairment – specific allowance	0	0
Collectively evaluated for impairment	3,903	1,977
Total ending allowance balance	3,922	1,990
Loans and leases individually evaluated for impairment	312	216
Loans and leases collectively evaluated for impairment	111,633	119,265
Principal loan and lease balance	111,945	119,481
Unaccreted discounts and loan and lease fees	(5,422)	(22,300)
Total recorded investment in loans and leases	$ 106,523	$ 97,181

LOANS, LEASES & ALLOWANCE FOR_7

LOANS, LEASES & ALLOWANCE FOR LOAN AND LEASE LOSSES - NONACCRUAL LOANS (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Jun. 30, 2019
Financing Receivable, Past Due [Line Items]
Total nonaccrual loans secured by real estate	$ 52,219	$ 48,113
Total nonaccrual loans and leases	$ 52,737	$ 48,444
Nonaccrual loans and leases to total loans and leases	0.52%	0.51%
Mortgage | In-house originated
Financing Receivable, Past Due [Line Items]
Total nonaccrual loans secured by real estate	$ 47,144	$ 43,509
Mortgage | Purchased
Financing Receivable, Past Due [Line Items]
Total nonaccrual loans secured by real estate	1,946	2,496
Multifamily secured - mortgage and financing | In-house originated
Financing Receivable, Past Due [Line Items]
Total nonaccrual loans secured by real estate	1,198	2,108
CRE secured | In-house originated
Financing Receivable, Past Due [Line Items]
Total nonaccrual loans secured by real estate	1,931	0
Auto and RV secured
Financing Receivable, Past Due [Line Items]
Total nonaccrual loans and leases	206	115
Other
Financing Receivable, Past Due [Line Items]
Total nonaccrual loans and leases	$ 312	$ 216

LOANS, LEASES & ALLOWANCE FOR_8

LOANS, LEASES & ALLOWANCE FOR LOAN AND LEASE LOSSES - NONACCRUAL LOANS NARRATIVE (Details) - loan	6 Months Ended
	Dec. 31, 2019	Jun. 30, 2019
Financing Receivable, Impaired [Line Items]
Ratio of nonaccrual loans and leases considered TDRs	1.06%	1.29%
Period over which borrowers can make timely payments after TDR considered non-performing	6 months
Number or TDRs classified as performing	0	0
Period of delinquent property taxes paid by the borrower	1 year
Auto and RV secured | Minimum
Financing Receivable, Impaired [Line Items]
Period for interest-only payment made by the borrowers that reverted loan to fully amortizing	6 months
Auto and RV secured | Maximum
Financing Receivable, Impaired [Line Items]
Period for interest-only payment made by the borrowers that reverted loan to fully amortizing	1 year
Nonaccrual | Mortgage
Financing Receivable, Impaired [Line Items]
Ratio of nonaccrual loans and leases that are single family mortgage	93.08%
Percentage of aggregate single family first mortgage loans and leases written down	50.51%

LOANS, LEASES & ALLOWANCE FOR_9

LOANS, LEASES & ALLOWANCE FOR LOAN AND LEASE LOSSES - UNPAID PRINCIPAL BALANCE FOR PERFORMING AND NONACCRUAL (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Jun. 30, 2019
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	$ 10,194,863	$ 9,449,310
Mortgage
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	4,137,395	4,281,080
Warehouse
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	432,230	301,999
Financing
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	471,435	518,560
Multifamily secured - mortgage and financing
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	2,171,711	1,948,513
CRE secured
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	393,543	326,154
Auto and RV secured
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	309,290	290,894
Commercial & Industrial
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	2,167,314	1,662,629
Other
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	111,945	119,481
Performing
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	10,142,126	9,400,866
Performing | Mortgage
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	4,088,305	4,235,075
Performing | Warehouse
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	432,230	301,999
Performing | Financing
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	471,435	518,560
Performing | Multifamily secured - mortgage and financing
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	2,170,513	1,946,405
Performing | CRE secured
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	391,612	326,154
Performing | Auto and RV secured
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	309,084	290,779
Performing | Commercial & Industrial
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	2,167,314	1,662,629
Performing | Other
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	111,633	119,265
Nonaccrual
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	52,737	48,444
Nonaccrual | Mortgage
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	49,090	46,005
Nonaccrual | Warehouse
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	0	0
Nonaccrual | Financing
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	0	0
Nonaccrual | Multifamily secured - mortgage and financing
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	1,198	2,108
Nonaccrual | CRE secured
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	1,931	0
Nonaccrual | Auto and RV secured
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	206	115
Nonaccrual | Commercial & Industrial
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	0	0
Nonaccrual | Other
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	$ 312	$ 216

LOANS, LEASES & ALLOWANCE FO_10

LOANS, LEASES & ALLOWANCE FOR LOAN AND LEASE LOSSES - LOANS BY CREDIT QUALITY INDICATOR (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Jun. 30, 2019
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	$ 10,194,863	$ 9,449,310
As a % of total gross loans and leases	100.00%	100.00%
Mortgage
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	$ 4,137,395	$ 4,281,080
Mortgage | In-house originated
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	4,102,325	4,239,452
Mortgage | Purchased
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	35,070	41,628
Warehouse
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	432,230	301,999
Financing
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	471,435	518,560
Multifamily secured - mortgage and financing
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	2,171,711	1,948,513
Multifamily secured - mortgage and financing | In-house originated
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	2,125,946	1,893,059
Multifamily secured - mortgage and financing | Purchased
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	45,765	55,454
Commercial real estate secured - mortgage
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	393,543	326,154
Commercial real estate secured - mortgage | In-house originated
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	387,139	318,629
Commercial real estate secured - mortgage | Purchased
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	6,404	7,525
Auto and RV secured
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	309,290	290,894
Commercial & Industrial
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	2,167,314	1,662,629
Other
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	111,945	119,481
Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	$ 9,997,684	$ 9,280,236
As a % of total gross loans and leases	98.10%	98.20%
Pass | Mortgage | In-house originated
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	$ 3,999,728	$ 4,157,665
Pass | Mortgage | Purchased
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	32,962	38,534
Pass | Warehouse
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	429,543	301,999
Pass | Financing
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	423,062	440,298
Pass | Multifamily secured - mortgage and financing | In-house originated
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	2,112,687	1,890,524
Pass | Multifamily secured - mortgage and financing | Purchased
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	44,840	54,514
Pass | Commercial real estate secured - mortgage | In-house originated
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	385,208	318,629
Pass | Commercial real estate secured - mortgage | Purchased
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	6,404	7,525
Pass | Auto and RV secured
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	308,714	290,691
Pass | Commercial & Industrial
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	2,143,057	1,660,821
Pass | Other
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	111,479	119,036
Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	$ 133,049	$ 61,863
As a % of total gross loans and leases	1.30%	0.70%
Special Mention | Mortgage | In-house originated
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	$ 53,215	$ 37,219
Special Mention | Mortgage | Purchased
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	162	598
Special Mention | Warehouse
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	2,687	0
Special Mention | Financing
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	48,373	21,600
Special Mention | Multifamily secured - mortgage and financing | In-house originated
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	11,188	427
Special Mention | Multifamily secured - mortgage and financing | Purchased
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	0	0
Special Mention | Commercial real estate secured - mortgage | In-house originated
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	0	0
Special Mention | Commercial real estate secured - mortgage | Purchased
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	0	0
Special Mention | Auto and RV secured
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	183	68
Special Mention | Commercial & Industrial
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	17,005	1,722
Special Mention | Other
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	236	229
Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	$ 64,130	$ 107,211
As a % of total gross loans and leases	0.60%	1.10%
Substandard | Mortgage | In-house originated
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	$ 49,382	$ 44,568
Substandard | Mortgage | Purchased
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	1,946	2,496
Substandard | Warehouse
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	0	0
Substandard | Financing
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	0	56,662
Substandard | Multifamily secured - mortgage and financing | In-house originated
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	2,071	2,108
Substandard | Multifamily secured - mortgage and financing | Purchased
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	925	940
Substandard | Commercial real estate secured - mortgage | In-house originated
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	1,931	0
Substandard | Commercial real estate secured - mortgage | Purchased
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	0	0
Substandard | Auto and RV secured
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	393	135
Substandard | Commercial & Industrial
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	7,252	86
Substandard | Other
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	230	216
Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	$ 0	$ 0
As a % of total gross loans and leases	0.00%	0.00%
Doubtful | Mortgage | In-house originated
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	$ 0	$ 0
Doubtful | Mortgage | Purchased
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	0	0
Doubtful | Warehouse
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	0	0
Doubtful | Financing
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	0	0
Doubtful | Multifamily secured - mortgage and financing | In-house originated
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	0	0
Doubtful | Multifamily secured - mortgage and financing | Purchased
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	0	0
Doubtful | Commercial real estate secured - mortgage | In-house originated
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	0	0
Doubtful | Commercial real estate secured - mortgage | Purchased
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	0	0
Doubtful | Auto and RV secured
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	0	0
Doubtful | Commercial & Industrial
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	0	0
Doubtful | Other
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans and leases	$ 0	$ 0

LOANS, LEASES & ALLOWANCE FO_11

LOANS, LEASES & ALLOWANCE FOR LOAN AND LEASE LOSSES - PAST DUE LOANS (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Jun. 30, 2019
Financing Receivable, Past Due [Line Items]
Total	$ 63,366	$ 69,625
As a % of total gross loans and leases	0.62%	0.74%
Mortgage | In-house originated
Financing Receivable, Past Due [Line Items]
Total	$ 56,364	$ 63,324
Mortgage | Purchased
Financing Receivable, Past Due [Line Items]
Total	1,365	1,686
Multifamily secured - mortgage and financing
Financing Receivable, Past Due [Line Items]
Total	425	3,272
Commercial real estate secured - mortgage
Financing Receivable, Past Due [Line Items]
Total	1,084
Auto and RV secured
Financing Receivable, Past Due [Line Items]
Total	2,126	648
Commercial & Industrial
Financing Receivable, Past Due [Line Items]
Total	1,141
Other
Financing Receivable, Past Due [Line Items]
Total	861	695
30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total	$ 12,516	$ 14,646
As a % of total gross loans and leases	0.12%	0.15%
30-59 Days Past Due | Mortgage | In-house originated
Financing Receivable, Past Due [Line Items]
Total	$ 8,625	$ 12,008
30-59 Days Past Due | Mortgage | Purchased
Financing Receivable, Past Due [Line Items]
Total	503	228
30-59 Days Past Due | Multifamily secured - mortgage and financing
Financing Receivable, Past Due [Line Items]
Total	425	1,684
30-59 Days Past Due | Commercial real estate secured - mortgage
Financing Receivable, Past Due [Line Items]
Total	0
30-59 Days Past Due | Auto and RV secured
Financing Receivable, Past Due [Line Items]
Total	1,467	476
30-59 Days Past Due | Commercial & Industrial
Financing Receivable, Past Due [Line Items]
Total	1,141
30-59 Days Past Due | Other
Financing Receivable, Past Due [Line Items]
Total	355	250
60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total	$ 13,423	$ 16,000
As a % of total gross loans and leases	0.13%	0.17%
60-89 Days Past Due | Mortgage | In-house originated
Financing Receivable, Past Due [Line Items]
Total	$ 11,564	$ 15,616
60-89 Days Past Due | Mortgage | Purchased
Financing Receivable, Past Due [Line Items]
Total	10	0
60-89 Days Past Due | Multifamily secured - mortgage and financing
Financing Receivable, Past Due [Line Items]
Total	0	0
60-89 Days Past Due | Commercial real estate secured - mortgage
Financing Receivable, Past Due [Line Items]
Total	1,084
60-89 Days Past Due | Auto and RV secured
Financing Receivable, Past Due [Line Items]
Total	515	155
60-89 Days Past Due | Commercial & Industrial
Financing Receivable, Past Due [Line Items]
Total	0
60-89 Days Past Due | Other
Financing Receivable, Past Due [Line Items]
Total	250	229
90 Plus Days Past Due
Financing Receivable, Past Due [Line Items]
Total	$ 37,427	$ 38,979
As a % of total gross loans and leases	0.37%	0.41%
90 Plus Days Past Due | Mortgage | In-house originated
Financing Receivable, Past Due [Line Items]
Total	$ 36,175	$ 35,700
90 Plus Days Past Due | Mortgage | Purchased
Financing Receivable, Past Due [Line Items]
Total	852	1,458
90 Plus Days Past Due | Multifamily secured - mortgage and financing
Financing Receivable, Past Due [Line Items]
Total	0	1,588
90 Plus Days Past Due | Commercial real estate secured - mortgage
Financing Receivable, Past Due [Line Items]
Total	0
90 Plus Days Past Due | Auto and RV secured
Financing Receivable, Past Due [Line Items]
Total	144	17
90 Plus Days Past Due | Commercial & Industrial
Financing Receivable, Past Due [Line Items]
Total	0
90 Plus Days Past Due | Other
Financing Receivable, Past Due [Line Items]
Total	$ 256	$ 216

LEASES - Components of Lease Ex

LEASES - Components of Lease Expense (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Dec. 31, 2019	Dec. 31, 2019
Leases [Abstract]
Operating Lease Expense	$ 2,597	$ 5,235

LEASES - Supplemental Cash Flow

LEASES - Supplemental Cash Flow Information (Details) - USD ($) $ in Thousands	6 Months Ended
	Dec. 31, 2019	Jul. 01, 2019
Cash paid for amounts included in the measurement of lease liabilities for operating leases:
Operating cash flows	$ 3,689
ROU assets obtained in the exchange for lease liabilities:
ROU assets obtained in exchange for lease liabilities	0
ROU assets recognized upon adoption of new lease standard	$ 73,767
ASU 2016-02
ROU assets obtained in the exchange for lease liabilities:
ROU assets recognized upon adoption of new lease standard		$ 77,794

LEASES - Supplemental Balance S

LEASES - Supplemental Balance Sheet Information (Details) $ in Thousands	Dec. 31, 2019USD ($)
Leases [Abstract]
Operating lease right-of-use assets	$ 73,767
Operating lease liabilities	$ 77,200
Weighted-average remaining lease term (in years):
Operating leases	9 years 9 months 3 days
Weighted-average discount rate:
Operating leases	2.90%

LEASES - Maturities of Lease Li

LEASES - Maturities of Lease Liabilities (Details) $ in Thousands	Dec. 31, 2019USD ($)
Leases [Abstract]
Remainder of 2020	$ 4,614
2021	8,569
2022	9,226
2023	9,486
2024	9,078
Thereafter	48,423
Total lease payments	89,396
Less: present value discount	(12,196)
Total Lease Liability	$ 77,200

EQUITY AND STOCK-BASED COMPEN_3

EQUITY AND STOCK-BASED COMPENSATION - NARRATIVE (Details) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Jun. 30, 2019	Aug. 02, 2019	Mar. 17, 2016
RSUs
Stock Award Compensation Expense
Restricted stock grants (in shares)			380,765		1,103,249
Vesting period for restricted stock grants			3 years	3 years
Stock award expense			$ 9,811,000	$ 11,175,000
Income tax benefit from stock award expense			2,798,000	2,967,000
Unrecognized compensation expense related to non-vested awards	$ 34,687,000		34,687,000
Total fair value of shares vested in the period	2,349,000	$ 3,420,000	$ 9,531,000	$ 13,188,000
RSUs | Employees and Directors
Stock Award Compensation Expense
Restricted stock grants (in shares)			380,765	752,662
RSUs | Employees and Directors | Anniversary 1
Stock Award Compensation Expense
Vesting percentage for restricted stock grants			33.33%
RSUs | Employees and Directors | Anniversary 2
Stock Award Compensation Expense
Vesting percentage for restricted stock grants			33.33%
RSUs | Employees and Directors | Anniversary 3
Stock Award Compensation Expense
Vesting percentage for restricted stock grants			33.33%
RSUs | CEO | Anniversary 1
Stock Award Compensation Expense
Vesting percentage for restricted stock grants			25.00%
RSUs | CEO | Anniversary 2
Stock Award Compensation Expense
Vesting percentage for restricted stock grants			25.00%
RSUs | CEO | Anniversary 3
Stock Award Compensation Expense
Vesting percentage for restricted stock grants			25.00%
RSUs | CEO | Anniversary 4
Stock Award Compensation Expense
Vesting percentage for restricted stock grants			25.00%
Common Stock
Stock Award Compensation Expense
Stock repurchase program, maximum amount authorized						$ 100,000,000	$ 100,000,000
Previous Authorized Stock Repurchase Program | Common Stock
Stock Award Compensation Expense
Remaining amount under board authorization	8,400,000		$ 8,400,000
Current Authorized Stock Repurchase Program | Common Stock
Stock Award Compensation Expense
Remaining amount under board authorization	$ 100,000,000		$ 100,000,000

EQUITY AND STOCK-BASED COMPEN_4

EQUITY AND STOCK-BASED COMPENSATION - UNRECOGNIZED COMPENSATION EXPENSE RELATED TO NON-VESTED AWARDS (Details) - RSUs $ in Thousands	Dec. 31, 2019USD ($)
Stock Award Compensation Expense
For the fiscal year remainder of 2020	$ 9,669
2021	14,219
2022	7,733
2023	1,900
2024	734
Thereafter	432
Total	$ 34,687

EQUITY AND STOCK-BASED COMPEN_5

EQUITY AND STOCK-BASED COMPENSATION - CHANGES IN RESTRICTED STOCK UNIT GRANTS (Details) - RSUs - $ / shares	6 Months Ended	12 Months Ended
	Dec. 31, 2019	Jun. 30, 2019
Restricted Stock Units
Non-vested balance, beginning (in shares)	1,546,848	1,233,731
Granted (in shares)	380,765	1,103,249
Vested (in shares)	(351,556)	(699,223)
Canceled (in shares)	(82,615)	(90,909)
Non-vested balance, ending (in shares)	1,493,442	1,546,848
Weighted-Average Grant-Date Fair Value
Non-vested balance, beginning, Weighted Average Grant Date Fair Value (in dollars per share)	$ 30.73	$ 24.84
Granted, Weighted Average Grant Date Fair Value (in dollars per share)	25.76	34.68
Vested, Weighted Average Grant Date Fair Value (in dollars per share)	27.18	26.74
Canceled, Weighted Average Grant Date Fair Value (in dollars per share)	29.78	29.46
Non-vested balance, ending, Weighted Average Grant Date Fair Value (in dollars per share)	$ 30.35	$ 30.73

EARNINGS PER COMMON SHARE (Deta

EARNINGS PER COMMON SHARE (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2019	Dec. 31, 2018
Earnings Per Common Share
Net income	$ 41,295	$ 38,835	$ 82,081	$ 75,676
Preferred stock dividends	(78)	(78)	(155)	(155)
Net income attributable to common stockholders	$ 41,217	$ 38,757	$ 81,926	$ 75,521
Average common shares outstanding (in shares)	61,315,590	62,336,779	61,281,127	62,566,188
Total qualifying shares (in shares)	61,315,590	62,336,779	61,281,127	62,566,188
Basic earnings per common share (in dollars per share)	$ 0.67	$ 0.62	$ 1.34	$ 1.21
Diluted Earnings Per Common Share
Dilutive net income attributable to common stockholders	$ 41,217	$ 38,757	$ 81,926	$ 75,521
Average common shares issued and outstanding (in shares)	61,315,590	62,336,779	61,281,127	62,566,188
Total dilutive common shares outstanding (in shares)	61,938,988	62,674,876	61,900,633	63,046,933
Diluted earnings per common share (in dollars per share)	$ 0.67	$ 0.62	$ 1.32	$ 1.20
RSUs
Diluted Earnings Per Common Share
Dilutive effect of average unvested RSUs (in shares)	623,398	338,097	619,506	480,745

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Details) $ in Thousands	1 Months Ended
	Dec. 31, 2015claim	Dec. 31, 2019USD ($)claim	Aug. 10, 2017claim
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Loss contingency, new derivative actions filed | claim	2
Loss contingency, number of pending derivative actions | claim			6
Loss contingency, number of pending derivative actions to be consolidated | claim		4
Loan Origination Commitments
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Off-balance sheet, loan origination commitment		$ 719,019
Loan Origination Commitments | Sales commitment
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Off-balance sheet, commitment		83,960
Loan Origination Commitments | Fixed Interest Rate
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Off-balance sheet, loan origination commitment		$ 53,301
Weighted average fixed interest rate on commitments to extend credit		3.46%
Loan Origination Commitments | Fixed Interest Rate | Sales commitment
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Off-balance sheet, commitment		$ 82,610
Loan Origination Commitments | Variable Interest Rate
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Off-balance sheet, loan origination commitment		665,718
Loan Origination Commitments | Variable Interest Rate | Sales commitment
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Off-balance sheet, commitment		$ 1,350

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details) $ in Millions	6 Months Ended
	Dec. 31, 2019USD ($)loan	Dec. 31, 2018loan
Related Party Transactions [Abstract]
Number of new related party loans granted	1	1
Related party loan amount granted | $	$ 0.6
Number of related party loans refinanced	1	0

SEGMENT REPORTING (Details)

SEGMENT REPORTING (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)	Dec. 31, 2019USD ($)segment	Dec. 31, 2019USD ($)	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)	Jun. 30, 2019USD ($)
Segment Reporting [Abstract]
Number of operating segments			2		2
Segment Reporting Information [Line Items]
Net interest income	$ 108,420	$ 92,720		$ 211,723		$ 178,999
Provision for loan and lease losses	4,500	4,950		7,200		5,550
Non-interest income	21,207	16,892		42,743		33,435
Non-interest expense	66,965	50,933		132,432		103,855
INCOME BEFORE INCOME TAXES	58,162	53,729		114,834		103,029
Goodwill	71,222	35,721	$ 71,222	71,222	$ 71,222	35,721
Total Assets	12,269,288	9,810,096	12,269,288	12,269,288	12,269,288	9,810,096	$ 11,220,238
Operating segments | Banking Business
Segment Reporting Information [Line Items]
Net interest income	105,340	93,481		204,812		180,492
Provision for loan and lease losses	4,500	4,950		7,200		5,550
Non-interest income	16,225	16,892		32,015		33,435
Non-interest expense	53,253	45,188		103,886		91,230
INCOME BEFORE INCOME TAXES	63,812	60,235		125,741		117,147
Goodwill	35,721	35,721	35,721	35,721	35,721	35,721
Total Assets	11,550,782	9,796,674	11,550,782	11,550,782	11,550,782	9,796,674
Operating segments | Securities Business
Segment Reporting Information [Line Items]
Net interest income	4,037	0		9,183		0
Provision for loan and lease losses	0	0		0		0
Non-interest income	6,284	0		12,685		0
Non-interest expense	10,455	0		21,519		0
INCOME BEFORE INCOME TAXES	(134)	0		349		0
Goodwill	35,501	0	35,501	35,501	35,501	0
Total Assets	626,142	0	626,142	626,142	626,142	0
Corporate/Eliminations
Segment Reporting Information [Line Items]
Net interest income	(957)	(761)		(2,272)		(1,493)
Provision for loan and lease losses	0	0		0		0
Non-interest income	(1,302)	0		(1,957)		0
Non-interest expense	3,257	5,745		7,027		12,625
INCOME BEFORE INCOME TAXES	(5,516)	(6,506)		(11,256)		(14,118)
Goodwill	0	0	0	0	0	0
Total Assets	$ 92,364	$ 13,422	$ 92,364	$ 92,364	$ 92,364	$ 13,422