Axos Financial (AX) 10-Q 30 Apr 19 2019 Q3 Quarterly report Financial data

DOCUMENT AND ENTITY INFORMATION

DOCUMENT AND ENTITY INFORMATION - shares	9 Months Ended
	Mar. 31, 2019	Apr. 23, 2019
Document and Entity Information [Abstract]
Entity Registrant Name	AXOS FINANCIAL, INC.
Entity Central Index Key	0001299709
Current Fiscal Year End Date	--06-30
Entity Filer Category	Large Accelerated Filer
Entity Emerging Growth Company	false
Entity Small Business	false
Document Type	10-Q
Document Period End Date	Mar. 31, 2019
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q3
Amendment Flag	false
Entity Common Stock, Shares Outstanding		61,285,734

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2019	Jun. 30, 2018
ASSETS
Cash and due from banks	$ 288,832	$ 544,317
Cash segregated for regulatory purposes	474,407	78,433
Federal funds sold	100	100
Total cash and cash equivalents	763,339	622,850
Securities:
Available-for-sale	219,156	180,305
Stock of the regulatory agencies, at cost	19,682	17,250
Loans held for sale, carried at fair value	15,714	35,077
Loans held for sale, lower of cost or fair value	3,267	2,686
Loans and leases—net of allowance for loan and lease losses of $71,746 as of March 31, 2019 and $49,151 as of June 30, 2018	9,098,453	8,432,289
Mortgage servicing rights, carried at fair value	10,355	10,752
Other real estate owned and repossessed vehicles	7,616	9,591
Goodwill and other intangible assets—net	136,076	67,788
Securities borrowed	127,167	0
Customer, broker-dealer and clearing receivables	252,900	0
Other assets	221,836	160,916
TOTAL ASSETS	10,875,561	9,539,504
Deposits:
Non-interest bearing	1,763,773	1,015,355
Interest bearing	6,891,682	6,969,995
Total deposits	8,655,455	7,985,350
Advances from the Federal Home Loan Bank	443,500	457,000
Borrowings, subordinated notes and debentures	214,477	54,552
Securities loaned	201,574	0
Customer, broker-dealer and clearing payables	245,208	0
Accounts payable and accrued liabilities and other liabilities	75,862	82,089
Total liabilities	9,836,076	8,578,991
COMMITMENTS AND CONTINGENCIES (Note 15)
STOCKHOLDERS’ EQUITY:
Common stock—$0.01 par value; 150,000,000 shares authorized; 66,253,298 shares issued and 61,285,375 shares outstanding as of March 31, 2019; 65,796,060 shares issued and 62,688,064 shares outstanding as of June 30, 2018	663	658
Additional paid-in capital	384,491	366,515
Accumulated other comprehensive income (loss)—net of tax	(518)	(613)
Retained earnings	785,613	671,348
Treasury stock, at cost; 4,967,923 shares as of March 31, 2019 and 3,107,996 shares as of June 30, 2018	(135,827)	(82,458)
Total stockholders’ equity	1,039,485	960,513
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	10,875,561	9,539,504
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 March 31, 2019 and June 30, 2018	$ 5,063	$ 5,063

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2019	Jun. 30, 2018
ASSETS
Allowance for loan and lease losses	$ 71,746	$ 49,151
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)	66,253,298	65,796,060
Common stock, shares outstanding (in shares)	61,285,375	62,688,064
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)	4,967,923	3,107,996
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		9 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Mar. 31, 2019	Mar. 31, 2018
INTEREST AND DIVIDEND INCOME:
Loans and leases, including fees	$ 157,181	$ 135,901	$ 397,049	$ 335,510
Securities borrowed and customer receivables	3,970	0	3,970	0
Investments	8,057	8,979	22,225	20,666
Total interest and dividend income	169,208	144,880	423,244	356,176
INTEREST EXPENSE:
Deposits	29,719	20,800	84,385	57,162
Advances from the Federal Home Loan Bank	8,366	6,496	26,848	14,605
Securities loaned	1,038	0	1,038	0
Other borrowings	916	901	2,805	2,963
Total interest expense	40,039	28,197	115,076	74,730
Net interest income	129,169	116,683	308,168	281,446
Provision for loan and lease losses	19,000	16,900	24,550	21,900
Net interest income, after provision for loan and lease losses	110,169	99,783	283,618	259,546
NON-INTEREST INCOME:
Realized gain (loss) on sale of securities	0	(101)	(133)	(18)
Other-than-temporary loss on securities:
Total impairment (losses) gains	(1,666)	(173)	(1,666)	(6,271)
Loss (gain) recognized in other comprehensive income	845	173	845	6,115
Total unrealized (loss) gain on securities	(821)	0	(821)	(156)
Prepayment penalty fee income	706	874	4,077	3,108
Gain on sale – other	535	522	5,611	2,888
Mortgage banking income	352	3,089	2,959	11,852
Broker-dealer fee income	5,036	0	5,036	0
Banking and service fees	20,290	19,141	42,804	36,290
Total non-interest income	26,098	23,525	59,533	53,964
NON-INTEREST EXPENSE:
Salaries and related costs	33,716	25,871	93,524	72,310
Data processing	7,144	4,216	16,792	12,191
Advertising and promotional	3,635	4,315	11,265	11,092
Depreciation and amortization	4,765	2,024	11,348	5,719
Professional services	4,286	1,474	8,489	3,954
Occupancy and equipment	2,584	1,543	5,983	4,461
FDIC and regulatory fees	2,133	1,242	6,587	3,338
Broker-dealer clearing charges	1,095	0	1,095	0
General and administrative expense	22,457	4,749	30,587	11,198
Total non-interest expense	81,815	45,434	185,670	124,263
INCOME BEFORE INCOME TAXES	54,452	77,874	157,481	189,247
INCOME TAXES	15,631	26,621	42,984	73,953
NET INCOME	38,821	51,253	114,497	115,294
NET INCOME ATTRIBUTABLE TO COMMON STOCK	38,744	51,176	114,265	115,062
COMPREHENSIVE INCOME	$ 38,530	$ 49,746	$ 114,592	$ 113,666
Basic earnings per common share (revised for December 2017) (in dollars per share)	$ 0.63	$ 0.82	$ 1.84	$ 1.82
Diluted earnings per common share (revised for December 2017) (in dollars per share)	$ 0.63	$ 0.80	$ 1.83	$ 1.79

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Mar. 31, 2019	Mar. 31, 2018
Statement of Comprehensive Income [Abstract]
NET INCOME	$ 38,821	$ 51,253	$ 114,497	$ 115,294
Net unrealized gain (loss) from available-for-sale securities, net of tax expense (benefit) of $128 and $(715) for the three months ended March 31, 2019 and 2018, and $109 and $(3,215) for the nine months ended March 31, 2019 and 2018, respectively.	303	(1,700)	595	(5,661)
Other-than-temporary impairment on securities recognized in other comprehensive income, net of tax expense (benefit) of $(251) and $51 for the three months ended March 31, 2019 and 2018, and $(251) and $2,278 for the nine months ended March 31, 2019 and 2018, respectively.	(594)	122	(594)	3,837
Reclassification of net (gain) loss from available-for-sale securities included in income, net of tax expense (benefit) of $0 and $(30) for the three months ended March 31, 2019 and 2018, and $(30) and $(104) for the nine months ended March 31, 2019 and 2018, respectively.	0	71	94	196
Other comprehensive income (loss)	(291)	(1,507)	95	(1,628)
Comprehensive income	$ 38,530	$ 49,746	$ 114,592	$ 113,666

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Mar. 31, 2019	Mar. 31, 2018
Statement of Comprehensive Income [Abstract]
Net unrealized gain (loss) from available-for-sale securities, tax expense (benefit)	$ 128	$ (715)	$ 109	$ (3,215)
Other-than-temporary impairment on held-to-maturity securities recognized in other comprehensive income, tax expense (benefit)	(251)	51	(251)	2,278
Reclassification of net (gain) loss from available-for-sale securities included in income, tax expense (benefit)	$ 0	$ (30)	$ (30)	$ (104)

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, 2017		515
Stockholder's equity, beginning balance at Jun. 30, 2017	$ 834,247	$ 5,063	$ 651	$ (37,317)	$ 346,117	$ 519,246	$ 487
Common stock, issued, beginning balance (in shares) at Jun. 30, 2017			65,115,932
Common stock, treasury and outstanding, beginning balance (in shares) at Jun. 30, 2017			63,536,244	(1,579,688)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	115,294					115,294
Other comprehensive income (loss)	(1,628)						(1,628)
Cash dividends on preferred stock	(232)					(232)
Purchase of treasury stock (in shares)			(1,233,491)	(1,233,491)
Purchase of treasury stock	(35,183)			$ (35,183)
Stock-based compensation expense and restricted stock unit vesting and tax benefits, issued (in shares)			400,225
Stock-based compensation expense and restricted stock unit vesting and tax benefits, treasury (in shares)				(150,110)
Restricted stock unit vesting and tax benefits, outstanding (in shares)			250,115
Stock-based compensation expense and restricted stock unit vesting	9,155		$ 4	$ (4,031)	13,182
Preferred stock, ending balance (in shares) at Mar. 31, 2018		515
Common stock, issued, ending balance (in shares) at Mar. 31, 2018			65,516,157
Common stock, treasury and outstanding, ending balance (in shares) at Mar. 31, 2018			62,552,868	(2,963,289)
Stockholder's equity, ending balance at Mar. 31, 2018	921,653	$ 5,063	$ 655	$ (76,531)	359,299	634,308	(1,141)
Preferred stock, beginning balance (in shares) at Dec. 31, 2017		515
Stockholder's equity, beginning balance at Dec. 31, 2017	873,663	$ 5,063	$ 654	$ (69,353)	353,801	583,132	366
Common stock, issued, beginning balance (in shares) at Dec. 31, 2017			65,444,875
Common stock, treasury and outstanding, beginning balance (in shares) at Dec. 31, 2017			62,720,641	(2,724,234)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	51,253					51,253
Other comprehensive income (loss)	(1,507)						(1,507)
Cash dividends on preferred stock	(77)					(77)
Purchase of treasury stock (in shares)			(230,028)	(230,028)
Purchase of treasury stock	(6,888)			$ (6,888)
Stock-based compensation expense and restricted stock unit vesting and tax benefits, issued (in shares)			71,282
Stock-based compensation expense and restricted stock unit vesting and tax benefits, treasury (in shares)				(9,027)
Restricted stock unit vesting and tax benefits, outstanding (in shares)			62,255
Stock-based compensation expense and restricted stock unit vesting	5,209		$ 1	$ (290)	5,498
Preferred stock, ending balance (in shares) at Mar. 31, 2018		515
Common stock, issued, ending balance (in shares) at Mar. 31, 2018			65,516,157
Common stock, treasury and outstanding, ending balance (in shares) at Mar. 31, 2018			62,552,868	(2,963,289)
Stockholder's equity, ending balance at Mar. 31, 2018	921,653	$ 5,063	$ 655	$ (76,531)	359,299	634,308	(1,141)
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		65,796,060
Common stock, treasury and outstanding, beginning balance (in shares) at Jun. 30, 2018	62,688,064		62,688,064	(3,107,996)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	$ 114,497					114,497
Other comprehensive income (loss)	95						95
Cash dividends on preferred stock	(232)					(232)
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)			457,238
Stock-based compensation expense and restricted stock unit vesting and tax benefits, treasury (in shares)				(155,399)
Restricted stock unit vesting and tax benefits, outstanding (in shares)			301,839
Stock-based compensation expense and restricted stock unit vesting	$ 12,493		$ 5	$ (5,488)	17,976
Preferred stock, ending balance (in shares) at Mar. 31, 2019		515
Common stock, issued, ending balance (in shares) at Mar. 31, 2019	66,253,298		66,253,298
Common stock, treasury and outstanding, ending balance (in shares) at Mar. 31, 2019	61,285,375		61,285,375	(4,967,923)
Stockholder's equity, ending balance at Mar. 31, 2019	$ 1,039,485	$ 5,063	$ 663	$ (135,827)	384,491	785,613	(518)
Preferred stock, beginning balance (in shares) at Dec. 31, 2018		515
Stockholder's equity, beginning balance at Dec. 31, 2018	994,401	$ 5,063	$ 662	$ (135,655)	377,689	746,869	(227)
Common stock, issued, beginning balance (in shares) at Dec. 31, 2018			66,169,401
Common stock, treasury and outstanding, beginning balance (in shares) at Dec. 31, 2018			61,207,743	(4,961,658)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	38,821					38,821
Other comprehensive income (loss)	(291)						(291)
Cash dividends on preferred stock	(77)					(77)
Stock-based compensation expense and restricted stock unit vesting and tax benefits, issued (in shares)			83,897
Stock-based compensation expense and restricted stock unit vesting and tax benefits, treasury (in shares)				(6,265)
Restricted stock unit vesting and tax benefits, outstanding (in shares)			77,632
Stock-based compensation expense and restricted stock unit vesting	$ 6,631		$ 1	$ (172)	6,802
Preferred stock, ending balance (in shares) at Mar. 31, 2019		515
Common stock, issued, ending balance (in shares) at Mar. 31, 2019	66,253,298		66,253,298
Common stock, treasury and outstanding, ending balance (in shares) at Mar. 31, 2019	61,285,375		61,285,375	(4,967,923)
Stockholder's equity, ending balance at Mar. 31, 2019	$ 1,039,485	$ 5,063	$ 663	$ (135,827)	$ 384,491	$ 785,613	$ (518)

CONDENSED CONSOLIDATED STATEM_5

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 114,497	$ 115,294
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Net accretion of discounts on securities and loans and leases	(30,844)	(29,543)
Amortization of borrowing costs	156	156
Stock-based compensation expense	17,981	13,185
Net (gain) loss on sale of investment securities	133	18
Impairment charge on securities	821	156
Provision for loan and lease losses	24,550	21,900
Broker-dealer reserve for bad debt	15,298	0
Deferred income taxes	(13,640)	8,227
Origination of loans held for sale	(1,201,001)	(1,275,333)
Unrealized (gain) loss on loans held for sale	246	(145)
Gain on sales of loans held for sale	(8,570)	(14,740)
Proceeds from sale of loans held for sale (revised for March 2018)	1,227,360	1,280,757
Change in fair value of mortgage servicing rights	2,053	(188)
(Gain) loss on sale of other real estate and foreclosed assets	(253)	(216)
Depreciation and amortization	11,348	5,719
Net changes in assets and liabilities which provide (use) cash:
Accrued interest receivable	(12,286)	(6,242)
Securities borrowed	30,731	0
Customer, broker-dealer and clearing receivables	(36,024)	0
Other assets (revised for March 2018)	(13,021)	(20,933)
Accrued interest payable	1,327	393
Securities loaned	(1,467)	0
Customer, broker-dealer and clearing payables	5,097	0
Accounts payable and other liabilities	(7,881)	19,907
Net cash provided by (used in) operating activities (revised for March 2018)	126,611	118,372
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of investment securities	(73,664)	(81,908)
Proceeds from sales of available-for-sale securities	1,927	53,010
Proceeds from repayment of securities	41,755	126,993
Purchase of stock of the Federal Home Loan Bank	(177,326)	(25,287)
Proceeds from redemption of stock of the Federal Home Loan Bank	177,325	21,507
Origination of loans and leases held for investment	(5,369,034)	(4,543,744)
Proceeds from sale of loans and leases held for investment (revised for March 2018)	45,073	206
Origination of mortgage warehouse loans, net	(63,868)	(17,460)
Proceeds from sales of other real estate owned and repossessed assets	1,805	1,654
Cash paid for deposit acquisition	(14,747)	0
Acquisition of business activity, net of cash paid	67,911	0
Purchases of loans and leases, net of discounts and premiums	(11,525)	0
Principal repayments on loans and leases	4,727,328	3,869,702
Purchases of furniture, equipment and software	(16,786)	(8,350)
Net cash used in investing activities (revised for March 2018)	(663,826)	(603,677)
CASH FLOWS FROM FINANCING ACTIVITIES:
Net increase (decrease) in deposits	670,105	1,064,250
Repayment of the Federal Home Loan Bank term advances	(132,500)	(15,000)
Net (repayment) proceeds of Federal Home Loan Bank other advances	119,000	343,000
Repayments of borrowings	(43,100)	(20,000)
Proceeds of borrowings	110,300	0
Tax payments related to settlement of restricted stock units	(5,488)	(4,031)
Repurchase of treasury stock	(47,881)	(35,183)
Tax benefit from exercise of common stock options and vesting of restricted stock grants	0	1
Cash dividends paid on preferred stock	(232)	(232)
Proceeds from issuance of subordinated notes	7,500	0
Net cash provided by financing activities	677,704	1,332,805
NET CHANGE IN CASH AND CASH EQUIVALENTS	140,489	847,500
CASH AND CASH EQUIVALENTS—Beginning of year	622,850	643,541
CASH AND CASH EQUIVALENTS—End of period	763,339	1,491,041
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Interest paid on deposits and borrowed funds	112,717	74,337
Income taxes paid	43,930	39,406
Transfers from loans and leases held for investment to other real estate and repossessed vehicles	578	8,425
Transfers from loans and leases held for investment to loans held for sale	57,408	0
Transfers from loans held for sale to loans held for investment	0	1,034
Loans and leases held for investment sold, cash not received	$ 33,996	$ 0

BASIS OF PRESENTATION

BASIS OF PRESENTATION	9 Months Ended
	Mar. 31, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
BASIS OF PRESENTATION	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, WiseBanyan, Inc., a registered investment advisor, and WiseBanyan Securities, LLC, an introducing broker dealer. All significant intercompany balances and transactions have been eliminated in consolidation. Certain reclassifications were made to previously reported amounts in the unaudited condensed consolidated financial statements and notes thereto to make them consistent with the current period presentation. The accompanying interim condensed consolidated financial statements, presented in accordance with accounting principles generally accepted in the United States of America (“GAAP”), are unaudited and reflect all adjustments which, in the opinion of management, are necessary for a fair statement of financial condition and results of operations for the interim periods. All adjustments are of a normal and recurring nature. Results for the nine months ended March 31, 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, 2018 included in our Annual Report on Form 10-K. 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 17 - Segment Reporting” for further information on the reporting for the Company’s two

SIGNIFICANT ACCOUNTING POLICIES

SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Mar. 31, 2019
Accounting Policies [Abstract]
SIGNIFICANT ACCOUNTING POLICIES	SIGNIFICANT ACCOUNTING POLICIES Cash and Cash Equivalents . The Bank’s cash, due from banks, money market mutual funds and federal funds sold, all of which have original maturities within 90 days , consist of cash and cash equivalents. Net cash flows are reported for customer deposit transactions. Cash segregated for regulatory purposes . Federal Reserve Board regulations require depository institutions to maintain certain minimum reserve balances. Included within this are cash balances required by the Federal Reserve Bank of San Francisco. In addition this account includes qualified deposits in special reserve bank accounts for the exclusive benefit of customers in accordance with Rule 15c3-3 of the Securities Exchange Act of 1934 (the “Exchange Rate”) and other regulations. Securities . Debt securities are classified as held-to-maturity and carried at amortized cost when management has both the positive intent and ability to hold them to maturity. Debt securities are classified as available-for-sale when they might be sold before maturity. Trading securities refer to certain types of assets that banks hold for resale at a profit or when the Company elects to account for certain securities at fair value. Increases or decreases in the fair value of trading securities are recognized in earnings as they occur. Securities available-for-sale are carried at fair value, with unrealized holding gains and losses reported in other comprehensive income, net of tax. Gains and losses on securities sales are based on a comparison of sales proceeds and the amortized cost of the security sold using the specific identification method. Purchases and sales are recognized on the trade date. Interest income includes amortization of purchase premiums or discounts. Premiums and discounts on securities are amortized or accreted using the level-yield method without anticipating prepayments, except for mortgage-backed securities where prepayments are anticipated. The Company’s portfolios of held-to-maturity and available-for-sale securities are reviewed quarterly for other-than-temporary impairment. In performing this review, management considers (1) the length of time and extent that fair value has been less than cost, (2) the financial condition and near term prospects of the issuer, (3) the impact of changes in market interest rates on the market value of the security and (4) how to record an impairment by assessing whether the Company intends to sell or it is more likely than not that it will be required to sell a security in an unrealized loss position before the Company recovers the security’s amortized cost. If either of these criteria for (4) is met, the entire difference between amortized cost and fair value is recognized in earnings. Alternatively, if either of the criteria for (4) is not met, the amount of impairment recognized in earnings is limited to the amount related to credit losses, while impairment related to other factors is recognized in other comprehensive income. The credit loss is defined as the difference between the present value of the cash flows expected to be collected and the amortized cost basis. Loans and Leases . Loans and leases that management has the intent and ability to hold for the foreseeable future or until maturity or payoff are reported at the principal balance outstanding, net of unearned interest, deferred purchase premiums and discounts, deferred origination fees and costs, and an allowance for loan and lease losses. Interest income is accrued on the unpaid principal balance. Premiums and discounts on loans purchased as well as origination fees, net of certain direct origination costs, are deferred and recognized in interest income using the level-yield method. The Company provides equipment financing to its customers through a variety of lease arrangements. The most common arrangement is a direct financing (capital) lease. For direct financing leases, lease receivables are recorded on the balance sheet but the leased property is not, although the Company generally retains legal title to the leased property until the end of each lease. Direct financing leases are stated at the net amount of minimum lease payments receivable, plus any unguaranteed residual value, less the amount of unearned income and net acquisition discount at the reporting date. Direct lease origination costs are amortized over the weighted average life of the lease portfolio. Leases acquired in an acquisition are initially measured and recorded at their fair value on the acquisition date. Purchase discounts or premiums on acquired leases are recognized as an adjustment to interest income over the contractual life of the leases using the effective interest method or taken into income when the related leases are paid off. Direct financing leases are subject to the allowance for loan and lease losses. Recognition of interest income on all portfolio segments is generally discontinued at the time the loan or lease is 90 days delinquent unless the loan or lease is well secured and in process of collection. Past due status is based on the contractual terms of the loan or lease. In all cases, loans or leases are placed on nonaccrual or charged-off at an earlier date if collection of principal or interest is considered doubtful. All interest accrued but not received for loans or leases placed on nonaccrual, is reversed against interest income. Interest received on such loans or leases is accounted for on the cash-basis or cost recovery method, until qualifying for return to accrual. Loans and leases are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured. Loans Held for Sale . U.S government agency (“agency”) loans originated and intended for sale in the secondary market are carried at fair value. Net unrealized gains and losses are recognized through mortgage banking income in the income statement. The Bank sells its mortgage loans with either servicing released or servicing retained depending upon market pricing. Gains and losses on loan sales are recorded as mortgage banking income or other gains on sale, based on the difference between sales proceeds and carrying value. Non-agency loans held for sale are carried at the lower of cost or fair value. Loans that were originated with the intent and ability to hold for the foreseeable future (loans held for investment) but which have been subsequently designated as being held for sale for risk management or liquidity needs are carried at the lower of cost or fair value calculated using pools of loans with similar characteristics. There may be times when loans have been classified as held for sale and cannot be sold. Loans transferred to a long-term-investment classification from held-for-sale are transferred at the lower of cost or market value on the transfer date. Any difference between the carrying amount of the loan and its outstanding principal balance is recognized as an adjustment to yield by the interest method. A loan cannot be classified as a long-term investment unless the Bank has both the ability and the intent to hold the loan for the foreseeable future or until maturity. Allowance for Loan and Lease Losses . The allowance for loan and lease losses is maintained at a level estimated to provide for probable incurred losses in the loan and lease portfolio. Management determines the adequacy of the allowance based on reviews of individual loans and leases and pools of loans, recent loss experience, current economic conditions, the risk characteristics of the various categories of loans and leases and other pertinent factors. This evaluation is inherently subjective and requires estimates that are susceptible to significant revision as more information becomes available. The allowance is increased by the provision for loan and lease losses, which is charged against current period operating results and recoveries of loans and leases previously charged-off. The allowance is decreased by the amount of charge-offs of loans and leases deemed uncollectible. Allocations of the allowance may be made for specific loans and leases but the entire allowance is available for any loan or lease that, in management’s judgment, should be charged off. See Note 6 of these financial statement footnotes and the financial statement footnotes for the year ended June 30, 2018 included in our Annual Report on Form 10-K for further information. Securities Borrowed and Securities Loaned . Securities borrowed and securities loaned transactions are reported as collateralized financings and recorded at the amount of cash collateral advanced or received. Securities borrowed transactions require the Company to deposit cash with the lender. With respect to securities loaned, the Company receives collateral in the form of cash in an amount in excess of the fair value of securities loaned. The Company monitors the fair value of securities borrowed and loaned on a daily basis, with additional collateral obtained or refunded, as necessary. Customer, Broker-Dealer and Clearing Receivables and Payables . Customer, broker-dealer and clearing receivables include receivables of the Company’s broker-dealer subsidiaries, which represent amounts due on cash and margin transactions and are generally collateralized by securities owned by clients. These receivables, primarily consisting of floating-rate loans collateralized by customer-owned securities, are charged interest at rates similar to other such loans made throughout the industry. The receivables are reported at their outstanding principal balance net of allowance for doubtful accounts. When a receivable is considered to be impaired, the amount of the impairment is generally measured based on the fair value of the securities acting as collateral, which is measured based on current prices from independent sources, such as listed market prices or broker-dealer price quotations. Securities owned by customers, including those that collateralize margin or other similar transactions, are not reflected in the balance sheet. Also included in these accounts are receivables and payables from brokers and dealers and clearing organizations as well as securities failed to deliver and receive. Brand Partnership Products . Through its strategic partnerships division, the Bank has agreements with third-party service providers (“Program Managers”) possessing demonstrated expertise in managing programs involving marketing and processing financial products such as credit, debit, and prepaid cards, and small business and consumer loans. These relationships include the Company’s relationships with H&R Block, Inc., Nationwide Mutual Insurance Company, Netspend and BFS Capital, among others. As delineated by the related contracts, a Program Manager provides program management services in its areas of expertise subject to the Bank’s continuing control and active supervision of the subject program. Underwriting standards and credit decisioning remain with the Bank in all cases. Each of these relationships is designed to allow the Bank to leverage the Program Manager’s knowledge and experience to distribute program-related financial products to a broad and increasing base of customers. With respect to credit products, the Bank generally originates the resulting receivable for sale, but may, in its discretion, retain such receivable. The Bank performs extensive due diligence with respect to each Program Manager and program, and maintains a regimen of comprehensive risk management and strict compliance oversight with respect to all programs. Through our agreement with H&R Block, Inc. (“H&R Block”) and its wholly-owned subsidiaries the Bank provides H&R Block-branded financial products and services. The products and services that represent the primary focus and the majority of transactional volume that the Bank processes are described in detail below. The first product is Emerald Prepaid Mastercard ® services (“EPC”). The Bank entered into agreements to offer this product in August 2015. Under the agreements, the Bank is responsible for the primary oversight and control of the prepaid card programs of a wholly-owned subsidiary of H&R Block. The Bank holds the prepaid card customer deposits for those cards issued under the prepaid programs in non-interest bearing accounts and earns a fixed fee paid by H&R Block’s subsidiary for each automated clearing house (“ACH”) transaction processed through the prepaid card customer accounts. A portion of H&R Block’s customers use the Emerald Card as an option to receive federal and state income tax refunds. The prepaid customer deposits are included in non-interest bearing deposit liabilities on the balance sheet of the Company and the ACH fee income is included in the income statement under the line banking and service fees. The second product is Refund Transfer (“RT”). The Bank entered into agreements to offer this product in August 2015. The Bank is responsible for the primary oversight and control of the refund transfer program of a wholly-owned subsidiary of H&R Block. The Bank opens a temporary bank account for each H&R Block customer who is receiving an income tax refund and elects to defer payment of his or her tax preparation fees. After the Internal Revenue Service and any state income tax authorities transfer the refund into the customer’s account, the net funds are transferred to the customer and the temporary deposit account is closed. The Bank earns a fixed fee paid by H&R Block for each of the H&R Block customers electing a Refund Transfer. The fees are earned primarily in the quarter ending March 31st and are included in the income statement under the line banking and service fees. The third product is Emerald Advance. The Bank entered into agreements to offer this product in August 2015. Under the agreements the Bank is responsible for the underwriting guidelines and credit policies for unsecured consumer lines of credit offered to H&R Block customers. The Bank offers and funds unsecured lines of credit to consumers primarily through the H&R Block tax preparation offices and earns interest income and fee income. The Bank retains 10% of the Emerald Advance and sells the remainder to H&R Block. The lines of credit are included in loans and leases on the balance sheet of the Company and the interest income and fee income are included in the income statement under the line loans and leases interest and dividend income. The fourth product is an interest-free Refund Advance loan. The Bank exclusively originated and funded all of H&R Block’s interest-free Refund Advance loans to tax preparation clients for the 2018 tax season. The Bank performed the credit underwriting, loan origination, and funding associated with the interest-free Refund Advance loans in the current tax season and received fees from H&R Block for operating the program. No fee is charged to the tax preparation client. Repayment of the Refund Advance loan is deducted from the client’s tax refund proceeds; if an insufficient refund to repay the Refund Advance loan is received, there is no recourse to the client, no negative credit reporting occurs in respect of the client and no collection efforts are made against the client. This agreement is an expansion of the services the Bank provided to H&R Block in the 2017 tax season when the Bank participated through purchases of the loans with other providers in the Refund Advance loan program. During the 2017 tax season, the Bank purchased the Refund Advance loans from a third-party bank at a discount and recorded the accretion of the loan discount as interest income, reported on the income statement under the interest and dividend income line item. During the 2018 tax season, the Bank recorded the fees received from H&R Block as interest income on loans, reported on the income statement under the interest and dividend income line item. In July 2018, the Bank has renewed its agreement with H&R Block to be the exclusive provider of interest-free Refund Advance loans to customers during the 2019 tax season. The H&R Block-branded financial services products introduce seasonality into the Company’s quarterly reports on Form 10-Q in the unaudited condensed consolidated income statements through the banking and service fees category of non-interest income and the other general and administrative category of non-interest expense, with the peak income and expense in these categories typically occurring during our third fiscal quarter ending March 31. Revenue Recognition . On July 1, 2018, the Company adopted ASU 2014-09, “ Revenue from Contracts with Customers (Topic 606) ”, and all subsequent amendments using a modified retrospective approach. The implementation of the new standard did not have a material impact on the measurement, timing, or recognition of revenue. Accordingly, no cumulative effect adjustment to opening retained earnings was deemed necessary. Results for reporting periods beginning after July 1, 2018 are presented under Topic 606, while prior period amounts were not adjusted and continue to be reported in accordance with our historic accounting under Topic 605. The core principle of Topic 606 is that an entity should recognize revenue to depict the transfer of goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The standard affects all entities that either enter into contracts with customers to transfer goods or services or enter into contracts for the transfer of nonfinancial assets unless those contracts are within the scope of other guidance. Therefore, the ASU excludes revenue associated with financial instruments including loans, leases, securities, and derivatives as these topics are accounted for following other guidance. Other areas that are within the scope of the revenue recognition standard include service charges on deposit accounts, and gains and losses on other real estate owned. Topic 606 does not apply to revenue associated with financial instruments, including revenue from loans and securities. In addition, certain non-interest income streams such as gain or loss associated with mortgage servicing rights, financial guarantees, derivatives, and income from bank owned life insurance are also not within the scope of the new guidance. Topic 606 is applicable to non-interest income such as deposit related fees, interchange fees, merchant related income. However, the recognition of these revenue streams did not change significantly upon adoption of Topic 606. Non-interest income considered to be within the scope of Topic 606 is discussed below. Deposit Service Fees. Service charges on deposit accounts consist of account analysis fees (i.e., net fees earned on analyzed business and public checking accounts), monthly service fees, check orders, and other deposit account related fees. The Company’s performance obligation for account analysis fees and monthly service fees is generally satisfied, and the related revenue recognized, over the period in which the service is provided. Check orders and other deposit account related fees are largely transactional based, and therefore, the Company’s performance obligation is satisfied and related revenue recognized, at a point in time. Payment for service charges on deposit accounts is primarily received immediately or in the following month through a direct charge to customers’ accounts. Fees, Exchange, and Other Service Charges. Fees, exchange, and other service charges are primarily comprised of debit and credit card income, ATM fees, merchant services income, and other service charges. Debit and credit card income is primarily comprised of interchange fees earned whenever the Company’s debit and credit cards are processed through card payment networks such as Visa. ATM fees are primarily generated when a Company cardholder uses a non-Company ATM or a non-Company cardholder uses a Company ATM. Merchant services income mainly represents fees charged to merchants to process their debit and credit card transactions, in addition to account management fees. Other service charges include revenue from processing wire transfers, bill pay service, cashier’s checks, and other services. The Company’s performance obligation for fees, exchange, and other service charges are largely satisfied, and related revenue recognized, when the services are rendered or upon completion. Payment is typically received immediately or in the following month. Broker dealer clearing fees. Fee revenue is generally recognized at a point in time upon the delivery of contracted services based on a predefined contractual amount or on the trade date for trade execution services based on prevailing market prices and internal and regulatory guidelines. Revenues and expenses related to client trades, including order routing revenue (also referred to as payment for order flow), are recorded on a trade-date basis. Client securities trades are recorded on a settlement-date basis with such trades generally settling within two business days after the trade date. Bankruptcy Trustee and Fiduciary Service Fees. Bankruptcy Trustee and Fiduciary Service income is primarily comprised of fees earned from the Monthly Basis Point Fee and Bank Account Service Charge. The products and services provided to the Trustee also indirectly provide additional deposits to the other banks. One of the uses of the increased deposits by the other banks is to fund the fees paid. The performance obligation is satisfied when the deposits are increased (or decreased) at the end of each month. The expected value method will be used to calculate and record the estimated revenue at the beginning of each month with a subsequent reconciliation to actual at the end of each month. 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 Nine Months Ended March 31, March 31, (Dollars in thousands, except per share data) 2019 2018 2019 2018 Non-interest income Deposit service fees $ 404 $ 224 $ 3,083 $ 2,950 Card fees 1,174 911 4,094 2,670 Broker-dealer clearing fees 1,567 — 1,567 — Bankruptcy trustee and fiduciary service fees 1,514 — 5,724 — Non-interest income (in-scope of Topic 606) 4,659 1,135 14,468 5,620 Non-interest income (out-of-scope of Topic 606) 21,439 22,390 45,065 48,344 Total non-interest income $ 26,098 $ 23,525 $ 59,533 $ 53,964 Contract Balances. A contract asset or receivable is recognized if the Company performs a service or transfers a good in advance of receiving consideration. A contract liability is recognized if the Company receives consideration (or has the unconditional right to receive consideration) in advance of performance. As of March 31, 2019 , the Company’s contract liabilities were not considered material. Contract Acquisition Costs. The Company uses the practical expedient to expense contract acquisition costs when the asset that would have resulted from capitalizing these costs would have been amortized in less than one year. In adopting the guidance in Topic 606, the Company did not capitalize any contract acquisition costs. Other Real Estate Owned. The gains or losses on sales of other real estate owned (“OREO”) are recorded in non-interest expense under Real estate owned and repossessed vehicles. The Company’s performance obligation for sale of OREO is the transfer of title and ownership rights of the OREO to the buyer, which occurs at the settlement date when the sale proceeds are received and income is recognized. Revisions of Previously Issued Financial Statements for Correction of Immaterial Errors . During the fiscal year ended June 30, 2018 , the Company identified an immaterial error related to an incorrect calculation of basic and diluted earnings per common share related to unvested nonparticipating restricted stock units. The corrected calculation results in increased basic and diluted earnings per common share in certain periods. In order to correct this immaterial error, the Company revised the basic and diluted earnings per common share for the interim quarters of the fiscal year ended June 30, 2018. The revisions are reflected in the table below. Three Months Ended Nine Months Ended March 31, 2018 March 31, 2018 (Dollars in thousands, except per share data) Previously Reported Adjustment Revised Previously Reported Adjustment Revised Earnings Per Common Share Net income attributable to common stockholders $ 51,176 $ — $ 51,176 $ 115,062 $ — $ 115,062 Average common shares issued and outstanding 62,543,949 — 62,543,949 63,219,386 — 63,219,386 Average unvested RSUs 1,551,828 (1,479,828 ) 72,000 1,488,554 (1,409,128 ) 79,426 Total qualifying shares 64,095,777 (1,479,828 ) 62,615,949 64,707,940 (1,409,128 ) 63,298,812 Earnings per common share $ 0.80 $ 0.02 $ 0.82 $ 1.78 $ 0.04 $ 1.82 Diluted Earnings Per Common Share Dilutive net income attributable to common stockholders $ 51,176 $ — $ 51,176 $ 115,062 $ — $ 115,062 Average common shares issued and outstanding 64,095,777 (1,479,828 ) 62,615,949 64,707,940 (1,409,128 ) 63,298,812 Dilutive effect of average unvested RSUs — 1,050,861 1,050,861 — 874,663 874,663 Total dilutive common shares issued and outstanding 64,095,777 (428,967 ) 63,666,810 64,707,940 (534,465 ) 64,173,475 Diluted earnings per common share $ 0.80 $ — $ 0.80 $ 1.78 $ 0.01 $ 1.79 During the fourth quarter of 2018, the Company identified an immaterial error related to the classification of proceeds from the sale of loans that were transferred from loans held-for-investment in the condensed consolidated statements of cash flows for the nine months ended March 31, 2018 and revised its previously issued financial statements for the nine months ended March 31, 2018 to correctly present these activities. There was no change to net change in cash and cash equivalents. The revisions to cash flows from operating and investing activities are reflected in the table below. Nine Months Ended (Dollars in thousands) Previously Reported Adjustment Revised Cash Flows From Operating Activities: Proceeds from sale of loans held for sale $ 1,280,673 $ 84 $ 1,280,757 Other assets $ (20,643 ) $ (290 ) $ (20,933 ) Net cash provided by in operating activities $ 118,578 $ (206 ) $ 118,372 Cash Flows From Investing Activities: Proceeds from sale of loans held for investment $ — $ 206 $ 206 Net cash used in investing activities $ (603,883 ) $ 206 $ (603,677 ) The Company assessed the materiality of the errors on prior periods’ financial statements in accordance with SEC Staff Accounting Bulletin (“SAB”) No. 99, Materiality, codified in Accounting Standards Codification (“ASC”) 250, Presentation of Financial Statements and concluded that these misstatements were not material to any prior annual or interim periods. Accordingly, in accordance with ASC 250 (SAB No. 108, Considering the Effects of Prior Year Misstatements when Quantifying Misstatements in Current Year Financial Statements), Consolidated Statements of Income, Consolidated Statements of Cash Flows and Earnings Per Common Share footnote have been revised to correctly present these amounts. The above revisions had no effect on net income or retained earnings. Periods not presented herein will be revised, as applicable, as they are included in future filings. New Accounting Pronouncements . 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. The new standard establishes a right-of-use model that requires a lessee to record a right of use asset and a lease liability on the balance sheet for all leases with terms longer than 12 months . Leases will be classified as either finance or operating, with classification affecting the pattern of expense recognition in the income statement. ASUs 2016-02, 2018-10 and 2018-11 are effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. A modified retrospective transition approach is anticipated for lessees for capital and operating leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements, with certain practical expedients available. The Company continues to evaluate the impact of ASUs 2016-02, 2018-10 and 2018-11. The Company has several lease agreements, which are currently considered operating leases, and therefore, not recognized on the Company’s consolidated balance sheet. The Company expects the new guidance will require these lease agreements to be recognized on the consolidated balance sheet as a right-of-use asset and a corresponding lease liability. Therefore, the Company’s preliminary evaluation indicates the provisions of ASU No. 2016-02 are expected to impact the Company’s consolidated balance sheet, along with the Company’s regulatory capital ratios. However, the Company does not expect the new guidance to have a material impact on the Company’s consolidated statements of income. The Company is nearing completion of its effort to compile a complete inventory of arrangements containing a lease and accumulating the lease data necessary to apply the amended guidance. The Company plans to adopt this standard on July 1, 2019. In June 2016, the FASB issued ASU 2016-13 Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments (“ASU 2016-13”), which (i) significantly changes the impairment model for most financial assets that are measured at amortized cost and certain other instruments from an incurred loss model to an expected loss model; and (ii) provides for recording credit losses on available-for-sale debt securities through an allowance account. ASU 2016-13 also requires certain incremental disclosures. ASU 2016-13 should be applied on a modified-retrospective transition approach that would require a cumulative-effect adjustment to the opening retained earnings in the statement of financial condition as of the date of adoption. A prospective transition approach is required for debt securities for which an other-than-temporary impairment had been recognized before the effective date. The guidance will be effective for the Company’s financial statements that include periods beginning July 1, 2020. Early adoption is permitted beginning July 1, 2019. The Company has formed a working group, which is currently developing an implementation plan to include assessment of processes, portfolio segmentation, model development, system requirements and the identification of data and resource needs, among other things including evaluating third-party vendor solutions. The Company expects ASU 2016-13 to have a material impact on the Company’s consolidated financial statements. In January 2017, the FASB issued ASU 2017-01, Business Combinations (Topic 805): Clarifying the Definition of a Business , which changes the definition of a business to assist entities with evaluating when a set of transferred assets and activities is deemed to be a business. Determining whether a transferred set constitutes a business is important because the accounting for a business combination differs from that of an asset acquisition. The definition of a business also affects the accounting for dispositions. Under the new standard, when substantially all of the fair value of assets acquired is concentrated in a single asset, or a group of similar assets, the assets acquired would not represent a business and business combination accounting would not be required. The new standard may result in more transactions being accounted for as asset acquisitions rather than business combinations. The Company adopted this standard on July 1, 2018. The new guidance did not have a significant impact on the Company’s consolidated financial statements at the time of adoption. In March 2017, the FASB issued guidance within ASU 2017-08, Premium Amortization on Purchased Callable Debt Securities . The amendments in ASU 2017-08 to Subtopic 310-20, Receivables-Nonrefundable Fees and Other Costs, shorten the amortization period for certain purchased callable debt securities held at a premium to the earliest call date, which more closely align the amortization period of premiums and discounts to expectations incorporated in market pricing on the underlying securities. Under current GAAP, entities generally amortize the premium as an adjustment of yield over th

ACQUISITIONS

ACQUISITIONS	9 Months Ended
	Mar. 31, 2019
Business Combinations [Abstract]
ACQUISITIONS	ACQUISITIONS The Company completed one business acquisition during the fiscal year ended June 30, 2018 and two business acquisitions and two asset acquisitions during the nine months ended March 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 $80.3 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 for a provisional amount of $34.9 million and an additional $20.1 million in intangible assets as of the Acquisition Date. The estimated fair values of the acquired assets and assumed liabilities are subject to refinement as additional information relative to closing date fair values becomes available. Any subsequent adjustments to the fair values of acquired assets and liabilities assumed, identifiable intangible assets, or other purchase accounting adjustments will result in adjustments to goodwill within the first 12 months following the closing date of acquisition. 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 2,101 Securities borrowed 157,898 Customer, broker-dealer and clearing receivables 232,174 Other assets 5,564 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 2,185 Accounts payable and accrued liabilities 5,198 Total identifiable liabilities $ 535,634 Provisional resulting goodwill $ 34,933 Intangible assets 20,120 Total cash purchase price $ 80,292 Notes issued $ 7,500 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. Bankruptcy trustee and fiduciary services business of Epiq Systems, Inc . On April 4, 2018, the Company completed the acquisition of the bankruptcy trustee and fiduciary services business of Epiq Systems, Inc. (“Epiq”) in an all-cash transaction. The assets acquired by the Company include comprehensive software solutions, trustee customer relationships, trade name, accounts receivable and fixed assets. The business provides specialized software and consulting services to Chapter 7 bankruptcy and non-Chapter 7 trustees and fiduciaries in all fifty states. This business is expected to generate fee income from bank partners and bankruptcy cases, as well as opportunities to source low cost deposits. No deposits were acquired as part of the transaction. The Company has included the financial results of the acquired bankruptcy trustee and fiduciary services business in its consolidated financial statements subsequent to the acquisition date. The Epiq transaction has been accounted for under the acquisition method of accounting. The assets, both tangible and intangible, were recorded at their estimated fair values as of the transaction date. The Company utilized a third-party valuation firm and made significant estimates and exercised judgment in estimating fair values and accounting for such acquired assets and liabilities. During the three months ended September 30, 2018 the Company settled the working capital with Epiq and recorded a $2

FAIR VALUE

FAIR VALUE	9 Months Ended
	Mar. 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 standard describes three levels of inputs that may be used to measure fair value: Level 1: Quoted prices in active markets for identical assets or liabilities in active markets that the entity has the ability to access as of the measurement date. Level 1 assets and liabilities include debt and equity securities that are actively traded in an exchange or over-the-counter market and are highly liquid, such as, among other assets and securities, certain U.S. treasury and other U.S. government debt. Level 2: Observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities. Level 2 assets include securities with quoted prices that are traded less frequently than exchange-traded instruments and whose value is determined using a pricing model with inputs that are observable in the market or can be derived principally from or corroborated by observable market data. Level 3: Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. Level 3 assets and liabilities include financial instruments whose value is determined using pricing models such as discounted cash flow methodologies, or similar techniques, as well as instruments for which the determination of fair value requires significant management judgment or estimation. When available, the Company generally uses quoted market prices to determine fair value, in which case the items are classified in Level 1. In some cases where a market price is available, the Company will make use of acceptable practical expedients (such as matrix pricing) to calculate fair value, in which case the items are classified in Level 2. The Company considers relevant and observable market prices in its valuations where possible. The frequency of transactions, the size of the bid-ask spread and the nature of the participants are some of the factors the Company uses to help determine whether a market is active and orderly or inactive and not orderly. Price quotes based upon transactions that are not orderly are not considered to be determinative of fair value and should be given little, if any, weight in measuring fair value. If quoted market prices are not available, fair value is based upon internally developed valuation techniques that use, where possible, current market-based or independently sourced market parameters, such as interest rates, credit spreads, housing value forecasts, etc. Items valued using such internally generated valuation techniques are classified according to the lowest level input or value driver that is significant to the valuation. Thus, an item may be classified in Level 3 even though there may be some significant inputs that are readily observable. The following section describes the valuation methodologies used by the Company to measure various financial instruments at fair value, including an indication of the level in the fair value hierarchy in which each instrument is generally classified: Securities—trading, available-for-sale, and held-to-maturity . Trading securities are recorded at fair value. Available-for-sale (“AFS”) securities are recorded at fair value and consist of residential mortgage-backed securities (“RMBS”) issued by U.S. agencies, RMBS issued by non-agencies, municipal securities as well as other Non-RMBS securities. Fair value for U.S. agency securities is generally based on quoted market prices of similar securities used to form a dealer quote or a pricing matrix. There continues to be significant illiquidity in the market for RMBS issued by non-agencies, impacting the availability and reliability of transparent pricing. As orderly quoted market prices are not available, the Level 3 fair values for these securities are determined by the Company utilizing industry-standard tools to calculate the net present value of the expected cash flows available to the securities from the underlying mortgage assets. The Company computes Level 3 fair values for each non-agency RMBS in the same manner (as described below) whether available-for-sale or held-to-maturity. To determine the performance of the underlying mortgage loan pools, the Company estimates prepayments, defaults, and loss severities based on a number of macroeconomic factors, including housing price changes, unemployment rates, interest rates and borrower attributes such as credit score and loan documentation at the time of origination. For each security, the Company inputs a projection of monthly default rates, loss severity rates and voluntary prepayment rates for the underlying mortgages for the remaining life of each security to determine the expected cash flows. The projections of default rates are derived by the Company from the historic default rate observed in the pool of loans collateralizing the security, increased by and decreased by the forecasted increase or decrease in the national unemployment rate. The projections of loss severity rates are derived by the Company from the historic loss severity rate observed in the pool of loans, increased by (and decreased by) the forecasted decrease or increase in the national home price appreciation (“HPA”) index. The largest factors influencing the Company’s modeling of the monthly default rate are unemployment and HPA, as a strong correlation exists. The national unemployment rate announced prior to the end of the period covered by this report (reported for February 2019) was 3.8% , down from the high of 10.0% in October 2009. Going forward, the Company is projecting lower monthly default rates. The range of loss severity rates applied to each default used in the Company’s projections at March 31, 2019 are from 40.0% up to 68.3% based upon individual bond historical performance. The default rates and the severities are projected for every non-agency RMBS security held by the Company and will vary monthly based upon the actual performance of the security and the macroeconomic factors discussed above. To determine the discount rates used to compute the present value of the expected cash flows for these non-agency RMBS securities, the Company separates the securities by the borrower characteristics in the underlying pool. Specifically, “Alt-A” securities generally have borrowers with a lower FICO and less documentation of income. “Pay-option ARMs” are Alt-A securities with borrowers that tend to pay the least amount of principal (or increase their loan balance through negative amortization). The Company calculates separate discount rates for Alt-A and Pay-option ARM non-agency RMBS securities using market-participant assumptions for risk, capital and return on equity. The range of annual default rates used in the Company’s projections at March 31, 2019 are from 1.5% up to 16.0% with Alt-A and Pay-option ARMs securities tending toward the lower end of the range. The Company applies its discount rates to the projected monthly cash flows which already reflect the full impact of all forecasted losses using the assumptions described above. When calculating present value of the expected cash flows at March 31, 2019 , the Company computed its discount rates as a spread between 271 and 679 basis points over the interpolated swap curve with Alt-A and Pay-option ARM securities tending toward the lower end of the range. The Bank’s estimate of fair value for non-agency securities using Level 3 pricing is highly subjective and is based on the Bank’s estimate of voluntary prepayments, default rates, severities and discount margins, which are forecasted monthly over the remaining life of the security. Changes in one or more of these assumptions can cause a significant change in the estimated fair value. For further details see the table later in this note that summarizes quantitative information about Level 3 fair value measurements. Loans Held for Sale . Loans held for sale at fair value are primarily single-family and multifamily residential loans. The fair value of residential loans held for sale is determined by pricing for comparable assets or by existing forward sales commitment prices with investors. Impaired Loans and Leases . Impaired loans and leases are loans and leases which are inadequately protected by the current net worth and paying capacity of the borrowers or the collateral pledged. The accrual of interest income has been discontinued for impaired loans and leases. The impaired loans are characterized by the distinct possibility that the Bank will sustain some loss if the deficiencies are not corrected. The Company assesses loans individually and identifies impairment when the loan is classified as impaired, has been restructured, or management has serious doubts about the future collectibility of principal and interest, even though the loans may currently be performing. The fair value of an impaired loan is determined based on an observable market price or current appraised value of the underlying collateral. The fair value of impaired loans with specific write-offs or allocations of the allowance for loan losses are generally based on recent real estate appraisals or internal valuation analyses consistent with the methodology used in real estate appraisals and include other third-party valuations and analysis of cash flows. These appraisals and analyses are updated at least on an annual basis. The Company primarily obtains real estate appraisals and in the rare cases where an appraisal cannot be obtained, the Company performs an internal valuation analysis. These appraisals and analyses may utilize a single valuation approach or a combination of approaches including comparable sales and income approaches. The sales comparison approach uses at least three recent similar property sales to help determine the fair value of the property being appraised. The income approach is calculated by taking the net operating income generated by the collateral property of the rent collected and dividing it by an assumed capitalization rate. Adjustments are routinely made in the process by the appraisers to account for differences between the comparable sales and income data available. When measuring the fair value of the impaired loan based upon the projected sale of the underlying collateral, the Company subtracts the costs expected to be incurred for the transfer of the underlying collateral, which includes items such as sales commissions, delinquent taxes and insurance premiums. These adjustments to the estimated fair value of nonaccrual loans may result in increases or decreases to the provision for loan and lease losses recorded in current earnings. Such adjustments are typically significant and result in a Level 3 classification for the inputs for determining fair value. Other Real Estate Owned and Repossessed Vehicles . Non-recurring adjustments to certain commercial and residential real estate properties classified as other real estate owned (“OREO”) are measured at the lower of carrying amount or fair value, less estimated costs to sell. Fair values are generally based on third-party appraisals of the property, resulting in a Level 3 classification. In cases where the carrying amount exceeds the fair value, less costs to sell, an impairment loss is recognized. Mortgage Servicing Rights . The Company initially records all mortgage servicing rights (“MSRs”) at fair value and accounts for MSRs at fair value during the life of the MSR, with changes in fair value recorded mortgage banking income in the income statement. Fair value adjustments encompass market-driven valuation changes as well as modeled amortization involving the run-off of value that occurs due to the passage of time as individual loans are paid by borrowers. Market expectations about loan duration, and correspondingly the expected term of future servicing cash flows, may vary from time to time due to changes in expected prepayment activity, especially when interest rates rise or fall. Market expectations of increased loan prepayment speeds may negatively impact the fair value of the single family MSRs. Fair value is also dependent on the discount rate used in calculating present value, which is imputed from observable market activity and market participants and results in Level 3 classification. Management reviews and adjusts the discount rate on an ongoing basis. An increase in the discount rate would reduce the estimated fair value of the MSRs asset. Mortgage Banking Derivatives . Fair value for mortgage banking derivatives are either based upon prices in active secondary markets for identical securities or based on quoted market prices of similar assets used to form a dealer quote or a pricing matrix. If no such quoted price exists, the fair value of a commitment is determined by quoted prices for a similar commitment or commitments, adjusted for the specific attributes of each commitment. These fair values are then adjusted for items such as fallout and estimated costs to originate the loan. The Company’s valuation methodologies may produce a fair value calculation that may not be indicative of net realizable value or reflective of future fair values. While management believes the Company’s valuation methodologies are appropriate and consistent with or, in some cases, more conservative than other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different estimate of fair value at the relevant reporting date. The following table sets forth the Company’s financial assets and liabilities measured at fair value on a recurring basis at March 31, 2019 and June 30, 2018 . Assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement: March 31, 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 $ — $ 1,692 $ — $ 1,692 Agency RMBS 1 — 10,070 — 10,070 Non-Agency RMBS 2 — — 13,122 13,122 Municipal — 29,804 — 29,804 Asset-backed securities and structured notes — 164,468 — 164,468 Total—Securities—Available-for-Sale $ — $ 206,034 $ 13,122 $ 219,156 Loans Held for Sale $ — $ 15,714 $ — $ 15,714 Mortgage servicing rights $ — $ — $ 10,355 $ 10,355 Other assets—Derivative instruments $ — $ — $ 838 $ 838 LIABILITIES: Other liabilities—Derivative instruments $ — $ — $ 216 $ 216 June 30, 2018 (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 RMBS 1 $ — $ 12,926 $ — $ 12,926 Non-Agency RMBS 2 — — 17,443 17,443 Municipal — 20,212 — 20,212 Asset-backed securities and structured notes — 129,724 — 129,724 Total—Securities—Available-for-Sale $ — $ 162,862 $ 17,443 $ 180,305 Loans Held for Sale $ — $ 35,077 $ — $ 35,077 Mortgage servicing rights $ — $ — $ 10,752 $ 10,752 Other assets—Derivative instruments $ — $ — $ 1,321 $ 1,321 LIABILITIES: Other liabilities—Derivative instruments $ — $ — $ 368 $ 368 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 March 31, 2019 (Dollars in thousands) Securities – Available-for-Sale: Non-Agency RMBS Mortgage Servicing Rights Derivative Instruments, net Total Opening balance $ 14,421 $ 11,215 $ 469 $ 26,105 Transfers into Level 3 — — — — Transfers out of Level 3 — — — — Total gains or losses for the period: Included in earnings—Sale of securities — — — — Included in earnings—Fair value gain (loss) on trading securities — — — — Included in earnings—Mortgage banking income — (1,199 ) 153 (1,046 ) Included in other comprehensive income (108 ) — — (108 ) Purchases, originations, issues, sales and settlements: Purchases/originations — 339 — 339 Issues — — — — Sales — — — — Settlements (370 ) — — (370 ) Other-than-temporary impairment (821 ) — — (821 ) Closing balance $ 13,122 $ 10,355 $ 622 $ 24,099 Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period $ — $ (1,199 ) $ 153 $ (1,046 ) For the Nine Months Ended March 31, 2019 (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 Transfers into Level 3 — — — — Transfers out of Level 3 — — — — Total gains or losses for the period: Included in earnings—Sale of securities (133 ) — — (133 ) Included in earnings—Fair value gain (loss) on trading securities — — — — Included in earnings—Mortgage banking income — (2,053 ) (331 ) (2,384 ) Included in other comprehensive income 442 — — 442 Purchases, issues, sales and settlements: Purchases — 1,656 — 1,656 Issues — — — — Sales (2,058 ) — — (2,058 ) Settlements (1,751 ) — — (1,751 ) Other-than-temporary impairment (821 ) — — (821 ) Closing balance $ 13,122 $ 10,355 $ 622 $ 24,099 Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period $ (133 ) $ (2,053 ) $ (331 ) $ (2,517 ) For the Three Months Ended March 31, 2018 (Dollars in thousands) Securities – Trading: Collateralized Debt Obligations Securities – Available-for-Sale: Non-Agency RMBS Mortgage Servicing Rights Derivative Instruments, net Total Opening balance $ — $ 24,791 $ 9,066 $ 1,218 $ 35,075 Transfers into Level 3 — — — — — Transfers out of Level 3 — — — — — Total gains or losses for the period: Included in earnings—Sale of securities — (101 ) — — (101 ) Included in earnings—Fair value gain on trading securities — — — — — Included in earnings—Mortgage banking income — — 567 220 787 Included in other comprehensive income — (960 ) — — (960 ) Purchases, originations, issues, sales and settlements: Purchases/originations — — 595 — 595 Issues — — — — — Sales — (4,068 ) — — (4,068 ) Settlements — (2,032 ) — — (2,032 ) Other-than-temporary impairment — — — — — Closing balance $ — $ 17,630 $ 10,228 $ 1,438 $ 29,296 Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period $ — $ (101 ) $ 567 $ 220 $ 686 For the Nine Months Ended March 31, 2018 (Dollars in thousands) Securities – Trading: Collateralized Debt Obligations Securities – Available-for-Sale: Non-Agency RMBS Mortgage Servicing Rights Derivative Instruments, net Total Opening Balance $ 8,327 $ 71,503 $ 7,200 $ 1,026 $ 88,056 Transfers into Level 3 — — — — — Transfers out of Level 3 — — — — — Total gains or losses for the period: Included in earnings—Sale of securities 282 (300 ) — — (18 ) Included in earnings—Fair value gain (loss) on trading securities — — — — — Included in earnings—Mortgage banking income — — 188 412 600 Included in other comprehensive income — (2,114 ) — — (2,114 ) Purchases, issues, sales and settlements: Purchases — — 2,840 — 2,840 Issues — — — — — Sales (8,609 ) (44,267 ) — — (52,876 ) Settlements — (7,036 ) — — (7,036 ) Other-than-temporary impairment — (156 ) — — (156 ) Closing balance $ — $ 17,630 $ 10,228 $ 1,438 $ 29,296 Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period $ — $ (300 ) $ 188 $ 412 $ 300 The table below summarizes the quantitative information about level 3 fair value measurements as of the dates indicated: March 31, 2019 (Dollars in thousands) Fair Value Valuation Technique Unobservable Input Range (Weighted Average) Securities – Non-agency RMBS $ 13,122 Discounted Cash Flow Projected Constant Prepayment Rate, 2.5 to 19.9% (12.0%) 1.5 to 16.0% (7.1%) Mortgage Servicing Rights $ 10,355 Discounted Cash Flow Projected Constant Prepayment Rate, 5.7 to 38.4% (9.5%) 2.0 to 9.6 (6.7) Derivative Instruments $ 622 Sales Comparison Approach Projected Sales Profit of Underlying Loans 0.2 to 0.7% (0.4%) June 30, 2018 (Dollars in thousands) Fair Value Valuation Technique Unobservable Input Range (Weighted Average) Securities – Non-agency RMBS $ 17,443 Discounted Cash Flow Projected Constant Prepayment Rate, 2.5 to 25.8% (14.1%) 1.5 to 10.6% (5.1%) Mortgage Servicing Rights $ 10,752 Discounted Cash Flow Projected Constant Prepayment Rate, 6.0 to 26.6% (9.1%) 2.4 to 9.5 (6.9) Derivative Instruments $ 953 Sales Comparison Approach Projected Sales Profit of Underlying Loans 0.1 to 0.4% (0.3%) 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: March 31, 2019 (Dollars in thousands) Quoted Prices in Significant Other Significant Balance Impaired Loans and Leases: Single family real estate secured: Mortgage $ — $ — $ 43,443 $ 43,443 Auto and RV secured — — 292 292 Other — — 798 798 Total $ — $ — $ 44,533 $ 44,533 Other real estate owned and foreclosed assets: Single family real estate $ — $ — $ 7,470 $ 7,470 Autos and RVs — — 146 146 Total $ — $ — $ 7,616 $ 7,616 June 30, 2018 (Dollars in thousands) Quoted Prices in Significant Other Significant Balance Impaired Loans and Leases: Single family real estate secured: Mortgage $ — $ — $ 28,446 $ 28,446 Home equity — — 16 16 Multifamily real estate secured — — 232 232 Auto and RV secured — — 60 60 Commercial & Industrial — — 2,361 2,361 Other — — 111 111 Total $ — $ — $ 31,226 $ 31,226 Other real estate owned and foreclosed assets: Single family real estate $ — $ — $ 9,385 $ 9,385 Autos and RVs — — 206 206 Total $ — $ — $ 9,591 $ 9,591 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 $44,533 , after charge-offs of $1,027 for the nine months ended March 31, 2019 , life to date charge-offs of $2,591 , life to date interest payments applied to principal of $985 for total life to date principal balance adjustments of $3,576 . Impaired loans had a related allowance of $651 at March 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 $7,616 after charge-offs of $987 for the three months ended March 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. None of these loans are 90 days or more past due nor on nonaccrual as of March 31, 2019 and June 30, 2018 . As of March 31, 2019 and June 30, 2018 , 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) March 31, 2019 June 30, 2018 Aggregate fair value $ 15,714 $ 35,077 Contractual balance 15,286 34,415 Gain $ 428 $ 662 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 Nine Months Ended March 31, March 31, (Dollars in thousands) 2019 2018 2019 2018 Interest income $ 258 $ 213 $ 824 $ 584 Change in fair value 134 275 (577 ) 558 Total $ 392 $ 488 $ 247 $ 1,142 The following table presents quantitative information about level 3 fair value measurements for financial instruments measured at fair value on a non-recurring basis at the periods indicated: March 31, 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 $ 43,443 Sales comparison approach Adjustment for differences between the comparable sales -51.4 to 80.0% (1.1%) Auto and RV secured $ 292 Sales comparison approach Adjustment for differences between the comparable sales -36.7 to 38.9% (2.5%) Other $ 798 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 $ 7,470 Sales comparison approach Adjustment for differences between the comparable sales -46.3 to 53.0% (6.3%) Autos and RVs $ 146 Sales comparison approach Adjustment for differences between the comparable sales -7.7 to 56.3% (10.1%) 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, 2018 (Dollars in thousands) Fair Value Valuation Technique(s) Unobservable Input Range (Weighted Average) 1 Impaired loans and leases: Single family real estate secured: Mortgage $ 28,446 Sales comparison approach Adjustment for differences between the comparable sales -48.8 to 66.7% (2.3%) Home equity $ 16 Sales comparison approach Adjustment for differences between the comparable sales 0.0 to 14.9% (7.4%) Multifamily real estate secured $ 232 Sales comparison approach and income approach Adjustment for differences between the comparable sales and adjustments for differences in net operating income expectations, capitalization rate -15.5 to 46.4% (15.4%) Auto and RV secured $ 60 Sales comparison approach Adjustment for differences between the comparable sales -2.0 to 71.5% (24.0%) Commercial and Industrial $ 2,361 Sales comparison approach Adjustment for differences between the comparable sales -33.8 to 0.0% (-16.9%) Other $ 111 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%) -1.0 to 2.5% (0.8%) Other real estate owned and foreclosed assets: Single family real estate $ 9,385 Sales comparison approach Adjustment for differences between the comparable sales -14.1 to 27.3% (0.5%) Autos and RVs $ 206 Sales comparison approach Adjustment for differences between the comparable sales -33.9 to 60.5% (7.9%) 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 March 31, 2019 and June 30, 2018 were as follows: March 31, 2019 Fair Value (Dollars in thousands) Carrying Level 1 Level 2 Level 3 Total Fair Value Financial assets: Cash and cash equivalents $ 763,339 $ 763,339 $ — $ — $ 763,339 Securities available-for-sale 219,156 — 206,034 13,122 219,156 Loans held for sale, at fair value 15,714 — 15,714 — 15,714 Loans held for sale, at lower of cost or fair value 3,267 — — 3,913 3,913 Loans and leases held for investment—net 9,098,453 — — 9,265,296 9,265,296 Accrued interest receivable 38,996 — — 38,996 38,996 Mortgage servicing rights 10,355 — — 10,355 10,355 Securities borrowed 127,167 — — 127,269 127,269 Customer, broker-dealer and clearing receivables 252,900 — — 254,822 254,822 Financial liabilities: Total deposits 8,655,455 — 8,203,638 — 8,203,638 Advances from the Federal Home Loan Bank 443,500 — 443,911 — 443,911 Borrowings, subordinated notes and debentures 214,477 — 213,271 — 213,271 Accrued interest payable 3,080 — 3,080 — 3,080 Securities Loaned 201,574 — — 201,473 201,473 Customer, broker-dealer and clearing payables 245,208 — — 211,586 211,586 June 30, 2018 Fair Value (Dollars in thousands) Carrying Level 1 Level 2 Level 3 Total Fair Value Financial assets: Cash and cash equivalents $ 622,850 $ 622,850 $ — $ — $ 622,850 Securities available-for-sale 180,305 — 162,862 17,443 180,305 Loans held for sale, at fair value 35,077 — 35,077 — 35,077 Loans held for sale, at lower of cost or fair value 2,686 — — 2,734 2,734 Loans and leases held for investment—net 8,432,289 — — 8,466,494 8,466,494 Accrued interest receivable 26,729 — — 26,729 26,729 Mortgage servicing rights 10,752 — — 10,752 10,752 Financial liabilities: Total deposits 7,985,350 — 7,584,928 — 7,584,928 Advances from the Federal Home Loan Bank 457,000 — 453,326 — 453,326 Borrowings, subordinated notes and debentures 54,552 — 51,693 — 51,693 Accrued interest payable 1,753 — 1,753 — 1,753

SECURITIES

SECURITIES	9 Months Ended
	Mar. 31, 2019
Investments, Debt and Equity Securities [Abstract]
SECURITIES	SECURITIES The amortized cost, carrying amount and fair value for the available-for-sale securities at March 31, 2019 and June 30, 2018 were: March 31, 2019 Available-for-sale (Dollars in thousands) Amortized Cost Unrealized Gains Unrealized Losses Fair Value Mortgage-backed securities (RMBS): U.S. agencies 1 $ 10,115 $ 112 $ (157 ) $ 10,070 Non-agency 2 13,910 100 (888 ) 13,122 Total mortgage-backed securities 24,025 212 (1,045 ) 23,192 Non-RMBS: U.S. agencies 1 1,692 — — 1,692 Municipal 29,965 660 (821 ) 29,804 Asset-backed securities and structured notes 163,330 1,364 (226 ) 164,468 Total Non-RMBS 194,987 2,024 (1,047 ) 195,964 Total debt securities $ 219,012 $ 2,236 $ (2,092 ) $ 219,156 June 30, 2018 Available-for-sale (Dollars in thousands) Amortized Cost Unrealized Gains Unrealized Losses Fair Value Mortgage-backed securities (RMBS): U.S. agencies 1 $ 13,102 $ 152 $ (328 ) $ 12,926 Non-agency 2 19,384 116 (2,057 ) 17,443 Total mortgage-backed securities 32,486 268 (2,385 ) 30,369 Non-RMBS: Municipal 20,953 2 (743 ) 20,212 Asset-backed securities and structured notes 127,558 2,267 (101 ) 129,724 Total Non-RMBS 148,511 2,269 (844 ) 149,936 Total debt securities $ 180,997 $ 2,537 $ (3,229 ) $ 180,305 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 $13,122 at March 31, 2019 consists of fourteen different issues of super senior securities. Debt securities with evidence of credit quality deterioration since issuance and for which it is probable at purchase that the Company will be unable to collect all of the par value of the security are accounted for under ASC Topic 310-30, Loans and Debt Securities Acquired with Deteriorated Credit Quality (“ASC Topic 310-30”). Under ASC Topic 310-30, the excess of cash flows expected at acquisition over the purchase price is referred to as the accretable yield and is recognized in interest income over the remaining life of the security. The face amounts of debt securities available-for-sale that were pledged to secure borrowings at March 31, 2019 and June 30, 2018 were $3,694 and $2,540 respectively. The securities with unrealized losses, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position were as follows: March 31, 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 $ — $ — $ 4,570 $ (157 ) $ 4,570 $ (157 ) Non-agency — — 8,644 (888 ) 8,644 (888 ) Total RMBS securities — — 13,214 (1,045 ) 13,214 (1,045 ) Non-RMBS: U.S. agencies 1,692 — — — 1,692 — Municipal debt 3,000 (1 ) 12,998 (820 ) 15,998 (821 ) Asset-backed securities and structured notes 108,982 (202 ) 1,997 (24 ) 110,979 (226 ) Total Non-RMBS 113,674 (203 ) 14,995 (844 ) 128,669 (1,047 ) Total debt securities $ 113,674 $ (203 ) $ 28,209 $ (1,889 ) $ 141,883 $ (2,092 ) June 30, 2018 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 $ 12 $ (1 ) $ 6,825 $ (327 ) $ 6,837 $ (328 ) Non-agency 36 (1 ) 15,867 (2,056 ) 15,903 (2,057 ) Total RMBS securities 48 (2 ) 22,692 (2,383 ) 22,740 (2,385 ) Non-RMBS: Municipal debt 1,740 (17 ) 12,326 (726 ) 14,066 (743 ) Asset-backed securities and structured notes 9,489 (30 ) 6,163 (71 ) 15,652 (101 ) Total Non-RMBS 11,229 (47 ) 18,489 (797 ) 29,718 (844 ) Total debt securities $ 11,277 $ (49 ) $ 41,181 $ (3,180 ) $ 52,458 $ (3,229 ) There were twenty-three securities that were in a continuous loss position at March 31, 2019 for a period of more than 12 months .There were six securities that were in a continuous loss position at March 31, 2019 for a period of less than 12 months . There were twenty-six securities that were in a continuous loss position at June 30, 2018 for a period of more than 12 months .There were eleven securities that were in a continuous loss position at June 30, 2018 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 Three Months Ended For the Nine Months Ended March 31, March 31, (Dollars in thousands) 2019 2018 2019 2018 Beginning balance $ — $ (110 ) $ — $ (15,528 ) Additions for the amounts related to the credit loss for which an other-than-temporary impairment was not previously recognized (821 ) — (821 ) (7 ) Increases to the amount related to the credit loss for which other-than-temporary impairment was previously recognized — — — (149 ) Credit losses realized for securities sold — 110 — 15,684 Ending balance $ (821 ) $ — $ (821 ) $ — At March 31, 2019 , non-agency RMBS with a total carrying amount of $3,143 were determined to have cumulative credit losses of $821 of which $821 was recognized in earnings during the three months ended March 31, 2019 . This quarter’s other-than-temporary impairment of $821 is related to one non-agency RMBS with a total carrying amount of $3,143 . 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. 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. Total proceeds of $8,700 and net realized gains of $282 were realized from the sale of trading securities during the nine months ended March 31, 2018. During the nine months ended March 31, 2019, the company sold one available-for-sale securities with a carrying value of $2,059 resulting in a $133 loss. The gross gains and losses realized through earnings upon the sale of available-for-sale securities were as follows: For the Three Months Ended For the Nine Months Ended March 31, March 31, (Dollars in thousands) 2019 2018 2019 2018 Proceeds $ — $ 3,969 $ 1,926 $ 44,013 Gross realized gains — 161 — 1,269 Gross realized losses — (262 ) (133 ) (1,569 ) Net realized gain (loss) on securities $ — $ (101 ) $ (133 ) $ (300 ) The Company had recorded unrealized gains and unrealized losses in accumulated other comprehensive loss as follows: (Dollars in thousands) March 31, June 30, Available-for-sale debt securities—net unrealized gains (losses) $ 144 $ (692 ) Available-for-sale debt securities—non-credit related losses (845 ) — Subtotal (701 ) (692 ) Tax (expense) benefit 183 79 Net unrealized gain (loss) on investment securities in accumulated other comprehensive income (loss) $ (518 ) $ (613 ) 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: March 31, 2019 Available for sale (Dollars in thousands) Amortized Cost Fair Value RMBS—U.S. agencies 1 : Due within one year $ 857 $ 844 Due one to five years 2,927 2,900 Due five to ten years 2,783 2,778 Due after ten years 3,548 3,548 Total RMBS—U.S. agencies 1 10,115 10,070 RMBS—Non-agency: Due within one year 1,980 1,906 Due one to five years 5,694 5,379 Due five to ten years 3,891 3,624 Due after ten years 2,345 2,213 Total RMBS—Non-agency 13,910 13,122 Non-RMBS: Due within one year 61,819 62,516 Due one to five years 107,217 107,657 Due five to ten years 15,377 15,014 Due after ten years 10,574 10,777 Total Non-RMBS 194,987 195,964 Total $ 219,012 $ 219,156 1

LOANS, LEASES & ALLOWANCE FOR L

LOANS, LEASES & ALLOWANCE FOR LOAN AND LEASE LOSSES	9 Months Ended
	Mar. 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) March 31, 2019 June 30, 2018 Single family real estate secured: Mortgage $ 4,315,545 $ 4,198,941 Home equity 3,511 2,306 Warehouse and other 1 716,048 412,085 Multifamily real estate secured 1,843,714 1,800,919 Commercial real estate secured 309,376 220,379 Auto and RV secured 272,301 213,522 Factoring 94,836 169,885 Commercial & Industrial 1,565,894 1,481,051 Other 58,986 18,598 Total gross loans and leases 9,180,211 8,517,686 Allowance for loan and lease losses (71,746 ) (49,151 ) Unaccreted discounts and loan and lease fees (10,012 ) (36,246 ) Total net loans and leases $ 9,098,453 $ 8,432,289 1 The balance of single family warehouse loans was $188,440 at March 31, 2019 and $175,508 at June 30, 2018 . The remainder of the balance was attributable to commercial specialty, lender finance and construction 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. Although the adequacy of the allowance is reviewed quarterly, management performs an ongoing assessment of the risks inherent in the portfolio. While the Company believes that the allowance for loan and lease losses is adequate at March 31, 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. Allowance for Loan and Lease Loss Disclosures. The assessment of the adequacy of the Company’s allowance for loan and lease losses is based upon a number of quantitative and qualitative factors, including levels and trends of past due and nonaccrual loans and leases, change in volume and mix of loans and leases, collateral values and charge-off history. The Company provides general loan loss reserves for its automobile (“auto”) and recreational vehicle (“RV”) loans based upon the borrower credit score and the Company’s loss experience to date. The allowance for loan loss for the auto and RV loan portfolio at March 31, 2019 was determined by classifying each outstanding loan according to semi-annually refreshed FICO score and providing loss rates. The Company had $272,009 of auto and RV loan balances subject to general reserves as follows: FICO greater than or equal to 770: $124,744 ; 715 – 769: $99,605 ; 700 – 714: $25,774 ; 660 – 699: $20,222 and less than 660: $1,664 . The Company provides general loan loss reserves for mortgage loans based upon the size and class of the mortgage loan and the loan-to-value ratio (“LTV”) at date of origination. The Company divides the LTV analysis into two classes, separating the purchased loans from the loans underwritten directly by the Company. Based on historical performance, the Company concluded that originated loans require lower estimated loss rates than purchased loans. The allowance for each class is determined by dividing the outstanding unpaid balance for each loan by the loan-to-value and applying a loss rate. The LTV groupings for each significant mortgage class are as follows: The Company had $4,272,102 of single family mortgage portfolio loan balances subject to general reserves as follows: LTV less than or equal to 60%: $2,469,851 ; 61% – 70%: $1,392,242 ; 71% – 80%: $408,929 ; and greater than 80%: $1,080 . The Company had $1,843,714 of multifamily mortgage portfolio loan balances subject to general reserves as follows: LTV less than or equal to 55%: $906,055 ; 56% – 65%: $613,930 ; 66% – 75%: $313,172 ; 76% – 80%: $9,357 and greater than 80%: $1,200 . The Company had $309,376 of commercial real estate loan balances subject to general reserves as follows: LTV less than or equal to 50%: $147,978 ; 51% – 60%: $70,875 ; 61% – 70%: $68,319 ; and 71% – 80%: $22,204 . The Company’s commercial secured portfolio consists of business loans well-collateralized by residential real estate. The Company’s other portfolio consists of receivables factoring for businesses and consumers. The Company allocates its allowance for loan loss for these asset types based on qualitative factors which consider the value of the collateral and the financial position of the issuer of the receivables. Seasonal fluctuations in the Other loan classification and its associated allowance for loan and lease losses primarily relate to tax season H&R Block-related loan products. These products are generally short term in nature, in that they are intended to be repaid within a few weeks or months of origination; if they are not repaid timely, they are generally charged off in their entirety at 120 days delinquent, consistent with regulatory guidance for unsecured consumer loan products. The Company provides general loan loss reserves for its H&R Block-related loans based upon prior years’ loss experience with consideration for current year loan performance. While they do incur higher proportional default and charge-off rates than the remainder of the Company’s loan and lease portfolio, these asset quality attributes are within expectations of the design of the products. During the nine months ended March 31, 2019 , the Company experienced a higher level of recoveries for its H&R Block related loans. The following tables summarize activity in the allowance for loan and lease losses by portfolio classes for the periods indicated: For the Three Months Ended March 31, 2019 Single Family Real Estate Secured (Dollars in thousands) Mortgage Home Equity Warehouse & Other Multifamily Real Estate Secured Commercial Real Estate Secured Auto and RV Secured Factoring Commercial & Industrial Other Total Balance at January 1, 2019 $ 22,234 $ 15 $ 3,337 $ 4,833 $ 974 $ 4,013 $ 316 $ 15,069 $ 2,915 $ 53,706 Provision for loan and lease losses (1,169 ) 1 791 (407 ) 117 655 30 3,000 15,982 19,000 Charge-offs (59 ) — — — — (288 ) — — (714 ) (1,061 ) Recoveries — 3 — — — 42 — — 56 101 Balance at March 31, 2019 $ 21,006 $ 19 $ 4,128 $ 4,426 $ 1,091 $ 4,422 $ 346 $ 18,069 $ 18,239 $ 71,746 For the Three Months Ended March 31, 2018 Single Family Real Estate Secured (Dollars in thousands) Mortgage Home Equity Warehouse & Other Multifamily Real Estate Secured Commercial Real Estate Secured Auto and RV Secured Factoring Commercial & Industrial Other Total Balance at January 1, 2018 $ 19,721 $ 20 $ 2,496 $ 4,830 $ 805 $ 2,907 $ 481 $ 11,490 $ 2,856 $ 45,606 Provision for loan and lease losses 23 (8 ) (366 ) 266 96 368 19 2,376 14,126 16,900 Charge-offs (80 ) (1 ) — — — (253 ) — — (200 ) (534 ) Recoveries 2 4 — — — 34 — — 42 82 Balance at March 31, 2018 $ 19,666 $ 15 $ 2,130 $ 5,096 $ 901 $ 3,056 $ 500 $ 13,866 $ 16,824 $ 62,054 For the Nine Months Ended March 31, 2019 Single Family Real Estate Secured (Dollars in thousands) Mortgage Home Equity Warehouse & Other Multifamily Real Estate Secured Commercial Real Estate Secured Auto and RV Secured Factoring Commercial & Industrial Other Total Balance at July 1, 2018 $ 20,368 $ 14 $ 2,080 $ 5,010 $ 849 $ 3,178 $ 445 $ 16,238 $ 969 $ 49,151 Provision for loan and lease losses 1,042 (4 ) 2,048 (693 ) 242 1,947 (99 ) 2,980 17,087 24,550 Charge-offs (799 ) — — — — (832 ) — (1,149 ) (1,706 ) (4,486 ) Recoveries 395 9 — 109 — 129 — — 1,889 2,531 Balance at March 31, 2019 $ 21,006 $ 19 $ 4,128 $ 4,426 $ 1,091 $ 4,422 $ 346 $ 18,069 $ 18,239 $ 71,746 For the Nine Months Ended March 31, 2018 Single Family Real Estate Secured (Dollars in thousands) Mortgage Home Equity Warehouse & Other Multifamily Real Estate Secured Commercial Real Estate Secured Auto and RV Secured Factoring Commercial & Industrial Other Total Balance at July 1, 2017 $ 19,972 $ 19 $ 2,298 $ 4,638 $ 1,008 $ 2,379 $ 401 $ 9,881 $ 236 $ 40,832 Provision for loan and lease losses (136 ) (14 ) 119 458 (107 ) 1,097 99 3,985 16,399 21,900 Charge-offs (176 ) (1 ) (287 ) — — (592 ) — — (354 ) (1,410 ) Recoveries 6 11 — — — 172 — — 543 732 Balance at March 31, 2018 $ 19,666 $ 15 $ 2,130 $ 5,096 $ 901 $ 3,056 $ 500 $ 13,866 $ 16,824 $ 62,054 The following tables present our loans and leases evaluated individually for impairment by portfolio class: March 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 $ 4,878 $ 1,766 $ 3,112 $ 203 $ 3,315 $ — $ — Purchased 2,344 1,208 1,136 — 1,136 — — Auto and RV secured: In-house originated 535 343 192 6 198 — — With an allowance recorded: Single family real estate secured: Mortgage: In-house originated 37,926 242 37,684 545 38,229 351 — Purchased 1,528 17 1,511 97 1,608 18 — Auto and RV secured: In-house originated 100 — 100 1 101 8 — Other 798 — 798 — 798 274 — Total $ 48,109 $ 3,576 $ 44,533 $ 852 $ 45,385 $ 651 $ — As a % of total gross loans and leases 0.52 % 0.03 % 0.49 % 0.01 % 0.50 % 0.01 % — % June 30, 2018 (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 $ 1,584 $ 951 $ 633 $ 78 $ 711 $ — $ — Purchased 3,598 1,739 1,859 — 1,859 — — Multifamily real estate secured: Purchased 480 248 232 — 232 — — Auto and RV secured: In-house originated 369 309 60 2 62 — — With an allowance recorded: Single family real estate secured: Mortgage: In-house originated 24,607 47 24,560 — 24,560 247 — Purchased 1,394 — 1,394 21 1,415 14 — Home equity: In-house originated 16 — 16 — 16 1 — Commercial & Industrial 172 — 172 — 172 9 — Other 111 — 111 — 111 7 — Total $ 32,331 $ 3,294 $ 29,037 $ 101 $ 29,138 $ 278 $ — As a % of total gross loans and leases 0.38 % 0.04 % 0.34 % — % 0.34 % — % — % 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: March 31, 2019 Single Family Real Estate Secured (Dollars in thousands) Mortgage Home Warehouse and other Multifamily real estate secured Commercial real estate secured Auto and RV secured Factoring Commercial & Industrial Other Total Allowance for loan and lease losses: Ending allowance balance attributable to loans and leases: Individually evaluated for impairment – general allowance $ 369 $ — $ — $ — $ — $ 8 $ — $ — $ 274 $ 651 Individually evaluated for impairment – specific allowance — — — — — — — — — — Collectively evaluated for impairment 20,637 19 4,128 4,426 1,091 4,414 346 18,069 17,965 71,095 Total ending allowance balance $ 21,006 $ 19 $ 4,128 $ 4,426 $ 1,091 $ 4,422 $ 346 $ 18,069 $ 18,239 $ 71,746 Loans and leases: Loans and leases individually evaluated for impairment 1 $ 43,443 $ — $ — $ — $ — $ 292 $ — $ — $ 798 $ 44,533 Loans and leases collectively evaluated for impairment 4,272,102 3,511 716,048 1,843,714 309,376 272,009 94,836 1,565,894 58,188 9,135,678 Principal loan and lease balance 4,315,545 3,511 716,048 1,843,714 309,376 272,301 94,836 1,565,894 58,986 9,180,211 Unaccreted discounts and loan and lease fees 8,886 58 (1,475 ) 5,190 734 2,422 (22,435 ) (2,568 ) (824 ) (10,012 ) Total recorded investment in loans and leases $ 4,324,431 $ 3,569 $ 714,573 $ 1,848,904 $ 310,110 $ 274,723 $ 72,401 $ 1,563,326 $ 58,162 $ 9,170,199 1 Loans and leases evaluated for impairment include Troubled Debt Restructurings (“TDRs”) that have been performing for more than six months . June 30, 2018 Single Family Real Estate Secured (Dollars in thousands) Mortgage Home Warehouse and other Multifamily real estate secured Commercial real estate Auto and RV secured Factoring Commercial & Industrial Other Total Allowance for loan and lease losses: Ending allowance balance attributable to loans and leases: Individually evaluated for impairment – general allowance $ 261 $ 1 $ — $ — $ — $ — $ — $ 9 $ 7 $ 278 Individually evaluated for impairment – specific allowance — — — — — — — — — — Collectively evaluated for impairment 20,107 13 2,080 5,010 849 3,178 445 16,229 962 48,873 Total ending allowance balance $ 20,368 $ 14 $ 2,080 $ 5,010 $ 849 $ 3,178 $ 445 $ 16,238 $ 969 $ 49,151 Loans and leases: Loans and leases individually evaluated for impairment 1 $ 28,446 $ 16 $ — $ 232 $ — $ 60 $ — $ 172 $ 111 $ 29,037 Loans and leases collectively evaluated for impairment 4,170,495 2,290 412,085 1,800,687 220,379 213,462 169,885 1,480,879 18,487 8,488,649 Principal loan and lease balance 4,198,941 2,306 412,085 1,800,919 220,379 213,522 169,885 1,481,051 18,598 8,517,686 Unaccreted discounts and loan and lease fees 9,187 48 (706 ) 5,063 836 2,065 (48,039 ) (3,884 ) (816 ) (36,246 ) Total recorded investment in loans and leases $ 4,208,128 $ 2,354 $ 411,379 $ 1,805,982 $ 221,215 $ 215,587 $ 121,846 $ 1,477,167 $ 17,782 $ 8,481,440 1 Loans and leases evaluated for impairment include TDRs that have been performing for more than six months . Credit Quality Disclosures. Nonaccrual loans and leases consisted of the following as of the dates indicated: (Dollars in thousands) March 31, June 30, Single Family Real Estate Secured: Mortgage: In-house originated $ 40,795 $ 25,193 Purchased 2,648 3,253 Home Equity: In-house originated — 16 Multifamily Real Estate Secured: Purchased — 232 Total nonaccrual loans secured by real estate 43,443 28,694 Auto and RV Secured 292 60 Commercial & Industrial — 2,361 Other 798 111 Total nonaccrual loans and leases $ 44,533 $ 31,226 Nonaccrual loans and leases to total loans and leases 0.49 % 0.37 % Approximately 1.51% of our nonaccrual loans and leases at March 31, 2019 were considered TDRs, compared to 3.30% at June 30, 2018 . 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 97.55% of the Bank’s nonaccrual loans and leases are single family first mortgages already written down to 46.17% 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: March 31, 2019 Single Family Real Estate Secured (Dollars in thousands) Mortgage Home Warehouse & other Multifamily real estate secured Commercial real estate secured Auto and RV secured Factoring Commercial & Industrial Other Total Performing $ 4,272,102 $ 3,511 $ 716,048 $ 1,843,714 $ 309,376 $ 272,009 $ 94,836 $ 1,565,894 $ 58,188 $ 9,135,678 Nonaccrual 43,443 — — — — 292 — — 798 44,533 Total $ 4,315,545 $ 3,511 $ 716,048 $ 1,843,714 $ 309,376 $ 272,301 $ 94,836 $ 1,565,894 $ 58,986 $ 9,180,211 June 30, 2018 Single Family Real Estate Secured (Dollars in thousands) Mortgage Home Warehouse & other Multifamily real estate secured Commercial real estate secured Auto and RV secured Factoring Commercial & Industrial Other Total Performing $ 4,170,495 $ 2,290 $ 412,085 $ 1,800,687 $ 220,379 $ 213,462 $ 169,885 $ 1,478,690 $ 18,487 $ 8,486,460 Nonaccrual 28,446 16 — 232 — 60 — 2,361 111 31,226 Total $ 4,198,941 $ 2,306 $ 412,085 $ 1,800,919 $ 220,379 $ 213,522 $ 169,885 $ 1,481,051 $ 18,598 $ 8,517,686 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 March 31, 2019 or June 30, 2018 . The Company’s loan modifications primarily included single family, multifamily and commercial loans of which included one or a combination of the following: a reduction of the stated interest rate or delinquent property taxes that were paid by the Bank and either repaid by the borrower over a one year period or capitalized and amortized over the remaining life of the loan. The Company’s loan modifications also included RV loans in which borrowers were able to make interest-only payments for a period of six months to one year which then reverted back to fully amortizing. Credit Quality Indicators The Company categorizes loans and leases into risk categories based on relevant information about the ability of borrowers to service their debt such as: current financial information, historical payment experience, credit documentation, public information and current economic trends, among other factors. The Company analyzes loans and leases individually by classifying the loans and leases based on credit risk. The Company uses the following definitions for risk ratings. Pass. Loans and leases classified as pass are well protected by the current net worth and paying capacity of the obligor or by the fair value, less cost to acquire and sell, of any underlying collateral in a timely manner. Special Mention . Loans and leases classified as special mention have a potential weakness that deserves management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the loan or lease or of the institution’s credit position at some future date. Substandard . Loans and leases classified as substandard are inadequately protected by the current net worth and paying capacity of the obligor or of the collateral pledged, if any. Loans and leases so classified have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that the institution will sustain some loss if the deficiencies are not corrected. Doubtful . Loans and leases classified as doubtful have all the weaknesses inherent in those classified as substandard, with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions, and values, highly questionable and improbable. The Company reviews and grades loans and leases following a continuous review process, featuring coverage of all loan and lease types and business lines at least quarterly. Continuous reviewing provides more effective risk monitoring because it immediately tests for potential impacts caused by changes in personnel, policy, products or underwriting standards. The following table presents the composition of the Company’s loan and lease portfolio by credit quality indicators: March 31, 2019 (Dollars in thousands) Pass Special Substandard Doubtful Total Single family real estate secured: Mortgage In-house originated $ 4,218,290 $ 11,007 $ 41,857 $ — $ 4,271,154 Purchased 41,575 168 2,648 — 44,391 Home equity In-house originated 3,511 — — — 3,511 Warehouse and other In-house originated 631,211 84,837 — — 716,048 Multifamily real estate secured In-house originated 1,782,566 2,538 — — 1,785,104 Purchased 57,662 — 948 — 58,610 Commercial real estate secured In-house originated 301,788 — — — 301,788 Purchased 7,588 — — — 7,588 Auto and RV secured In-house originated 271,920 52 329 — 272,301 Factoring 94,836 — — — 94,836 Commercial & Industrial 1,529,555 36,203 136 — 1,565,894 Other 55,704 2,463 819 — 58,986 Total $ 8,996,206 $ 137,268 $ 46,737 $ — $ 9,180,211 As a % of total gross loans and leases 98.0 % 1.5 % 0.5 % — % 100.0 % June 30, 2018 (Dollars in thousands) Pass Special Substandard Doubtful Total Single family real estate secured: Mortgage In-house originated $ 4,113,537 $ 19,403 $ 26,264 $ — $ 4,159,204 Purchased 36,024 461 3,252 — 39,737 Home equity In-house originated 2,290 — 16 — 2,306 Warehouse and other In-house originated 412,085 — — — 412,085 Multifamily real estate secured In-house originated 1,731,068 3,983 — — 1,735,051 Purchased 64,663 — 1,205 — 65,868 Commercial real estate secured In-house originated 212,235 — — — 212,235 Purchased 6,226 1,918 — — 8,144 Auto and RV secured In-house originated 213,455 — 67 — 213,522 Factoring 169,885 — — — 169,885 Commercial & Industrial 1,471,433 5,460 1,969 2,189 1,481,051 Other 18,369 118 111 — 18,598 Total $ 8,451,270 $ 31,343 $ 32,884 $ 2,189 $ 8,517,686 As a % of total gross loans and leases 99.2 % 0.4 % 0.4 % — % 100.0 % The increase in Special Mention Commercial & Industrial and Single family real estate secured – Warehouse and other loans between June 30, 2018 and March 31, 2019 relates to four construction loan borrowers whose time horizon to complete has increased beyond the initial project plan, however three of the borrowers are current with all financial obligations and one borrower is over 90% complete and continuing to finalize construction. The loans are structured as senior, first position with loan to cost ratios less than 60%. 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: March 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 $ 6,259 $ 3,048 $ 29,727 $ 39,034 Purchased 729 340 1,298 2,367 Home equity In-house originated 139 — — 139 Warehouse and other 12,655 — — 12,655 Multifamily real estate secured In-house originated — 458 1,130 1,588 Auto and RV secured 375 93 167 635 Commercial & Industrial 137 — — 137 Other 1,155 2,506 741 4,402 Total $ 21,449 $ 6,445 $ 33,063 $ 60,957 As a % of total gross loans and leases 0.23 % 0.07 % 0.36 % 0.66 % June 30, 2018 (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 $ 7,830 $ 3,240 $ 22,009 $ 33,079 Purchased 354 105 1,183 1,642 Home equity In-house originated — — 16 16 Multifamily real estate secured In-house originated 410 — — 410 Auto and RV secured In-house originated 284 22 9 315 Commercial & Industrial 300 — 2,362 2,662 Other 79 111 111 301 Total $ 9,257 $ 3,478 $ 25,690 $ 38,425 As a % of total gross loans and leases 0.11 % 0.04 % 0.30 % 0.45 %

OFFSETTING OF SECURITIES FINANC

OFFSETTING OF SECURITIES FINANCING AGREEMENTS	9 Months Ended
	Mar. 31, 2019
Offsetting [Abstract]
OFFSETTING OF SECURITIES FINANCING AGREEMENTS	OFFSETTING OF SECURITIES FINANCING AGREEMENTS The Company enters into securities borrowed and securities loaned transactions. The Company executes these transactions to facilitate customer match-book activity, cover short positions and customer securities lending. The Company manages credit exposure from certain transactions by entering into master securities lending agreements. The relevant agreements allow for the efficient closeout of transactions, liquidation and set-off of collateral against the net amount owed by the counterparty following a default. Default events generally include, among other things, failure to pay, insolvency or bankruptcy of a counterparty. The following table presents information about the offsetting of these instruments and related collateral amounts as of March 31, 2019 : (Dollars in thousands) Gross Assets / Liabilities Amounts Offset Net Balance Sheet Amount Financial Collateral Net Assets / Liabilities Assets: Securities borrowed $ 127,167 $ — $ 127,167 $ (127,167 ) $ — Liabilities: Securities loaned $ 201,574 $ — $ 201,574 $ (201,574 ) $ —

CUSTOMER, BROKER-DEALER AND CLE

CUSTOMER, BROKER-DEALER AND CLEARING RECEIVABLES AND PAYABLES	9 Months Ended
	Mar. 31, 2019
Brokers and Dealers [Abstract]
CUSTOMER, BROKER-DEALER AND CLEARING RECEIVABLES AND PAYABLES	BROKER-DEALER AND CLEARING RECEIVABLES AND PAYABLES Customer, broker-dealer and clearing receivables and payables consisted of the following at March 31, 2019 : (Dollars in thousands) March 31, 2019 Receivables: Customers $ 233,703 Broker-dealer and clearing organizations: Receivable from broker-dealers 1 12,730 Securities failed to deliver 5,714 Other 753 Total receivables $ 252,900 Payables: Customers $ 228,094 Broker-dealer and clearing organizations: Payable to broker-dealers 13,830 Securities failed to receive 3,284 Total payables $ 245,208 1. Includes broker-dealer reserve for bad debt of $15.3 million

GOODWILL AND OTHER INTANGIBLE A

GOODWILL AND OTHER INTANGIBLE ASSETS	9 Months Ended
	Mar. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL AND OTHER INTANGIBLE ASSETS	GOODWILL AND OTHER INTANGIBLE ASSETS The Company’s goodwill of $70.7 million as of March 31, 2019 increased from the $35.7 million at June 30, 2018 as a result of the acquisition of COR Clearing, which is a full-service correspondent clearing firm for independent broker-dealers. The following table summarizes the activity in the Company’s goodwill balance as of the dates indicated: (Dollars in thousands) Total Balance at January 1, 2019 $ 35,721 Additions 34,933 Balance as of March 31, 2019 $ 70,654 The Company’s acquired intangible assets are summarized as follows as of the dates indicated: March 31, 2019 June 30, 2018 (Dollars in thousands) Gross Carrying Amount Accumulated Amortization Net Carrying Amount Gross Carrying Amount Accumulated Amortization Net Carrying Amount Covenant not to compete $ 930 $ 232 $ 698 $ 930 $ 58 $ 872 Customer relationships 31,310 1,233 30,077 9,820 243 9,577 Customer deposit intangible 13,545 821 12,724 — — — Developed technologies 23,056 1,326 21,730 21,680 326 21,354 Trade name 290 97 193 290 24 266 Total intangible assets $ 69,131 $ 3,709 $ 65,422 $ 32,720 $ 651 $ 32,069 Weighted-Average Covenant not to compete 4 Customer relationships 13 Customer deposit intangible 10 Developed technologies 5 Trade name 3 (Dollars in thousands) Amortization Expense For the fiscal year remainder: 2019 $ 1,751 2020 10,392 2021 9,795 2022 8,441 2023 8,020 Thereafter 27,023 Total $ 65,422

INCOME TAXES

INCOME TAXES	9 Months Ended
	Mar. 31, 2019
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES As a result of legislation commonly referred to as the Tax Cuts and Jobs Act (the “Tax Act”) that was enacted on December 22, 2017 , the Company revised its estimated annual effective rate to reflect a change in the federal statutory rate from 35.0% to 21.0% . The Tax Act makes broad and complex changes to the U.S. tax code that will affect our fiscal year ending June 30, 2019 , including reducing the U.S. federal corporate statutory tax rate to 21.0% . The accounting for the effects of the rate change on deferred tax balances is complete and no

BORROWINGS, SUBORDINATED NOTES

BORROWINGS, SUBORDINATED NOTES AND DEBENTURES	9 Months Ended
	Mar. 31, 2019
Debt Disclosure [Abstract]
BORROWINGS, SUBORDINATED NOTES AND DEBENTURES	BORROWINGS, SUBORDINATED NOTES AND DEBENTURES The following table sets forth the composition of the borrowings, subordinated notes and debentures as of the dates indicated: (Dollars in thousands) March 31, 2019 June 30, 2018 Borrowings from other banks $ 152,300 $ — Subordinated loans 7,500 — Subordinated notes 51,000 51,000 Subordinated debentures 5,155 5,155 Less unamortized issuance Costs 1,478 1,603 Total borrowings, subordinated notes and debentures $ 214,477 $ 54,552 Borrowings from other banks. Axos Clearing has a total of $155.0 million uncommitted secured lines of credit available for borrowing as needed. As of March 31, 2019 , there was $117.3 million outstanding. These credit facilities bear interest at rates based on the Federal Funds rate and are due upon demand. Axos Clearing has a $35.0 million committed unsecured line of credit available for limited purpose borrowing. As of March 31, 2019 , there was $35.0 million outstanding. This credit facility bears interest at rates based on the Federal Funds rate and are due upon demand. Subordinated Loans . The Company issued subordinated notes totaling $7.5 million on January 28, 2019 , 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. Interest accrues at a rate of 6.25%

EQUITY AND STOCK-BASED COMPENSA

EQUITY AND STOCK-BASED COMPENSATION	9 Months Ended
	Mar. 31, 2019
Disclosure of Compensation Related Costs, Share-based Payments [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. The new share repurchase authorization replaces the previous share repurchase plan approved on July 5, 2005. The Company may repurchase shares on the open market or through privately negotiated transactions at times and prices considered appropriate, at the discretion of the Company, and subject to its assessment of alternative uses of capital, stock trading price, general market conditions and regulatory factors. The repurchase program does not obligate the Company to acquire any specific number of shares. The share repurchase program will continue in effect until terminated by the Board. During the nine months ended March 31, 2019 , the Company has repurchased a total of $47.9 million , or 1,704,528 common shares at an average price of $28.09 per share. As of March 31, 2019 , the Company has $16.9 million remaining under the current Board authorized stock repurchase program. 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 nine months ended March 31, 2019 and 2018 , the Company granted 1,101,724 and 728,129 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 three months ended March 31, 2019 and 2018 include stock award expense of $6,802 and $3,994 , with total income tax benefit of $2,325 and $1,365 , respectively. For the nine months ended March 31, 2019 and 2018 include stock award expense of $17,979 and $11,680 , with total income tax benefit of $4,773 and $4,565 , respectively. The Company recognizes compensation expense based upon the grant-date fair value divided by the vesting and the service period between each vesting date. At March 31, 2019 , unrecognized compensation expense related to non-vested awards aggregated to $46,013 and is expected to be recognized in future periods as follows: (Dollars in thousands) Stock Award Compensation Expense For the fiscal year remainder: 2019 $ 8,012 2020 18,299 2021 12,046 2022 5,051 2023 1,439 Thereafter 1,166 Total $ 46,013 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, 2017 1,240,322 $ 22.52 Granted 747,022 26.53 Vested (629,755 ) 22.55 Canceled (123,858 ) 23.38 Non-vested balance at June 30, 2018 1,233,731 $ 24.84 Granted 1,101,724 34.68 Vested (388,599 ) 24.20 Canceled (48,451 ) 29.14 Non-vested balance at March 31, 2019 1,898,405 $ 30.57 The total fair value of shares vested for the three and nine months ended March 31, 2019 was $421 and $13,609 . The total fair value of shares vested for the three and nine months ended March 31, 2018 was $674 and $9,400

EARNINGS PER COMMON SHARE

EARNINGS PER COMMON SHARE	9 Months Ended
	Mar. 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 Nine Months Ended March 31, March 31, (Dollars in thousands, except per share data) 2019 2018 2019 2018 Earnings Per Common Share Net income $ 38,821 $ 51,253 $ 114,497 $ 115,294 Preferred stock dividends (77 ) (77 ) (232 ) (232 ) Net income attributable to common stockholders $ 38,744 $ 51,176 $ 114,265 $ 115,062 Average common shares outstanding 61,259,419 62,543,949 62,130,598 63,219,386 Average unvested RSUs (as revised for 2018) — 72,000 — 79,426 Total qualifying shares (as revised for 2018) 61,259,419 62,615,949 62,130,598 63,298,812 Earnings per common share (as revised for 2018) $ 0.63 $ 0.82 $ 1.84 $ 1.82 Diluted Earnings Per Common Share Dilutive net income attributable to common stockholders $ 38,744 $ 51,176 $ 114,265 $ 115,062 Average common shares issued and outstanding (as revised for 2018) 61,259,419 62,615,949 62,130,598 63,298,812 Dilutive effect of average unvested RSUs (as revised for 2018) 330,243 1,050,861 466,685 874,663 Total dilutive common shares outstanding (as revised for 2018) 61,589,662 63,666,810 62,597,283 64,173,475 Diluted earnings per common share (as revised for 2018) $ 0.63 $ 0.80 $ 1.83 $ 1.79

REGULATORY REQUIREMENTS

REGULATORY REQUIREMENTS	9 Months Ended
	Mar. 31, 2019
Banking and Thrift [Abstract]
REGULATORY REQUIREMENTS	REGULATORY REQUIREMENTS Pursuant to the net capital requirements of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), Axos Clearing is subject to the SEC Uniform Net Capital (Rule 15c3-1 of the Exchange Act). Under this rule, the Company has elected to operate under the alternate method and is required to maintain minimum net capital of $250,000 or 2% of aggregate debit balances arising from client transactions, as defined. On March 31, 2019 , under the alternate method, the Company may not repay subordinated debt, pay cash distributions, or make any unsecured advances or loans to its parent or employees if such payment would result in net capital of less than 5% of aggregate debit balances or less than 120% of its minimum dollar requirement. At March 31, 2019 , the net capital position of Axos Clearing was as follows: (Dollars in thousands) Axos Clearing Net capital $ 22,381 Less: required net capital 4,622 Excess capital $ 17,759 Net capital as a percentage of aggregate debit items 9.68 % Net capital in excess of 5% aggregate debit items $ 10,825 Axos Clearing as a clearing broker, is subject to SEC Customer Protection Rule (Rule 15c3-3 of the Exchange Act) which requires segregation of funds in a special reserve account for the benefit of customers. At March 31, 2019, the Company had a deposit requirement of $200.8 million and maintained a deposit of $206.3 million . Certain broker-dealers have chosen to maintain brokerage customer accounts at the Axos Clearing. To allow these broker-dealers to classify their assets held by the Company as allowable assets in their computation of net capital, the Company computes a separate reserve requirement for Proprietary Accounts of Brokers (PAB). At March 31, 2019 , the Company had a deposit requirement of $1.6 million and maintained a deposit of $0.5 million . On April 2, 2019, Axos Clearing made a deposit to satisfy the deposit requirement

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	9 Months Ended
	Mar. 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 consolidated balance sheets. The Company’s exposure to credit loss is represented by the contractual amount of these commitments. The Company follows the same credit policies in making commitments as it does for on-balance-sheet instruments. At March 31, 2019 , the Company had commitments to originate $26,351 in fixed rate loans and leases and $609,729 in variable rate loans, totaling an aggregate outstanding principal balance of $636,080 . Our fixed rate loan and lease commitments to originate had rates ranging from 2.99% to 8.86% . At March 31, 2019 , the Company also had commitments to sell $37,484 in fixed rate loans and $1,454 in variable rate loans, totaling an aggregate outstanding principal balance of $38,938 . 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 and the Company has filed its answering brief. 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 is preparing its answering brief, which is due 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. The two derivative actions pending before the San Diego County Superior Court have been consolidated and have been stayed by agreement of the parties.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	9 Months Ended
	Mar. 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 principal officers, directors and their affiliates that are considered to be insiders by regulation. There were no new related party loans granted under the provisions of the employee loan program and no refinances of existing loans during the nine months ended March 31, 2019 , and no new loans and no refinances of existing loans during the nine months ended March 31, 2018

SEGMENT REPORTING

SEGMENT REPORTING	9 Months Ended
	Mar. 31, 2019
Segment Reporting [Abstract]
SEGMENT REPORTING	SEGMENT REPORTING 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. 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. The Securities Business includes the Clearing Broker-Dealer, Registered Investment Advisor, and Introducing Broker-Dealer lines of businesses. These lines of business offer products independently to their own customers as well as to Banking Business clients. The products offered by the lines of business in the Securities Business primarily generate net interest and non-banking service fee income. Segment results are determined based upon the management reporting system, which assigns balance sheet and income statement items to each of the business segments. The process is designed around the organizational and management structure and, accordingly, the results derived are not necessarily comparable with similar information published by other financial institutions or in accordance with generally accepted accounting principles. The Company evaluates performance and allocates resources based on profit or loss from operations. 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 2. All costs, except certain corporate administration costs and income taxes, have been allocated to the reportable segments. Therefore, combined amounts agree to the consolidated totals. In order to reconcile the two segments to the consolidated totals, the Company includes parent-only activities and intercompany eliminations. The following tables present the operating results of the segments: For the Three Months Ended March 31, 2019 (Dollars in thousands) Banking Business Securities Business Corporate/Eliminations Axos Consolidated Net interest income $ 127,072 $ 2,951 $ (854 ) $ 129,169 Provision for loan losses 19,000 — — 19,000 Non-interest income 21,027 5,071 — 26,098 Non-interest expense 52,224 23,102 6,489 81,815 Income before taxes $ 76,875 $ (15,080 ) $ (7,343 ) $ 54,452 For the Three Months Ended March 31, 2018 (Dollars in thousands) Banking Business Securities Business Corporate/Eliminations Axos Consolidated Net interest income $ 117,497 $ — $ (814 ) $ 116,683 Provision for loan losses 16,900 — — 16,900 Non-interest income 23,372 — 153 23,525 Non-interest expense 40,273 — 5,161 45,434 Income before taxes $ 83,696 $ — $ (5,822 ) $ 77,874 For the Nine Months Ended March 31, 2019 (Dollars in thousands) Banking Business Securities Business Corporate/Eliminations Axos Consolidated Net interest income $ 307,564 $ 2,951 $ (2,347 ) $ 308,168 Provision for loan losses 24,550 — — 24,550 Non-interest income 54,462 5,071 — 59,533 Non-interest expense 142,291 23,102 20,277 185,670 Income before taxes $ 195,185 $ (15,080 ) $ (22,624 ) $ 157,481 For the Nine Months Ended March 31, 2018 (Dollars in thousands) Banking Business Securities Business Corporate/Eliminations Axos Consolidated Net interest income $ 283,786 $ — $ (2,340 ) $ 281,446 Provision for loan losses 21,900 — — 21,900 Non-interest income 53,811 — 153 53,964 Non-interest expense 109,419 — 14,844 124,263 Income before taxes $ 206,278 $ — $ (17,031 ) $ 189,247

SIGNIFICANT ACCOUNTING POLICI_2

SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Mar. 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, WiseBanyan, Inc., a registered investment advisor, and WiseBanyan Securities, LLC, an introducing broker dealer. All significant intercompany balances and transactions have been eliminated in consolidation.
Reclassifications	Certain reclassifications were made to previously reported amounts in the unaudited condensed consolidated financial statements and notes thereto to make them consistent with the current period presentation.
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 nine months ended March 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, 2018
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
Cash and Cash Equivalents	Cash and Cash Equivalents . The Bank’s cash, due from banks, money market mutual funds and federal funds sold, all of which have original maturities within 90 days
Cash segregated for regulatory purposes	Cash segregated for regulatory purposes. Federal Reserve Board regulations require depository institutions to maintain certain minimum reserve balances. Included within this are cash balances required by the Federal Reserve Bank of San Francisco. In addition this account includes qualified deposits in special reserve bank accounts for the exclusive benefit of customers in accordance with Rule 15c3-3 of the Securities Exchange Act of 1934 (the “Exchange Rate”) and other regulations.
Securities	Securities . Debt securities are classified as held-to-maturity and carried at amortized cost when management has both the positive intent and ability to hold them to maturity. Debt securities are classified as available-for-sale when they might be sold before maturity. Trading securities refer to certain types of assets that banks hold for resale at a profit or when the Company elects to account for certain securities at fair value. Increases or decreases in the fair value of trading securities are recognized in earnings as they occur. Securities available-for-sale are carried at fair value, with unrealized holding gains and losses reported in other comprehensive income, net of tax.
Loans and Leases	Loans and Leases . Loans and leases that management has the intent and ability to hold for the foreseeable future or until maturity or payoff are reported at the principal balance outstanding, net of unearned interest, deferred purchase premiums and discounts, deferred origination fees and costs, and an allowance for loan and lease losses. Interest income is accrued on the unpaid principal balance. Premiums and discounts on loans purchased as well as origination fees, net of certain direct origination costs, are deferred and recognized in interest income using the level-yield method. The Company provides equipment financing to its customers through a variety of lease arrangements. The most common arrangement is a direct financing (capital) lease. For direct financing leases, lease receivables are recorded on the balance sheet but the leased property is not, although the Company generally retains legal title to the leased property until the end of each lease. Direct financing leases are stated at the net amount of minimum lease payments receivable, plus any unguaranteed residual value, less the amount of unearned income and net acquisition discount at the reporting date. Direct lease origination costs are amortized over the weighted average life of the lease portfolio. Leases acquired in an acquisition are initially measured and recorded at their fair value on the acquisition date. Purchase discounts or premiums on acquired leases are recognized as an adjustment to interest income over the contractual life of the leases using the effective interest method or taken into income when the related leases are paid off. Direct financing leases are subject to the allowance for loan and lease losses. Recognition of interest income on all portfolio segments is generally discontinued at the time the loan or lease is 90 days delinquent unless the loan or lease is well secured and in process of collection. Past due status is based on the contractual terms of the loan or lease. In all cases, loans or leases are placed on nonaccrual or charged-off at an earlier date if collection of principal or interest is considered doubtful.
Loans Held for Sale	Loans Held for Sale . U.S government agency (“agency”) loans originated and intended for sale in the secondary market are carried at fair value. Net unrealized gains and losses are recognized through mortgage banking income in the income statement. The Bank sells its mortgage loans with either servicing released or servicing retained depending upon market pricing. Gains and losses on loan sales are recorded as mortgage banking income or other gains on sale, based on the difference between sales proceeds and carrying value. Non-agency loans held for sale are carried at the lower of cost or fair value. Loans that were originated with the intent and ability to hold for the foreseeable future (loans held for investment) but which have been subsequently designated as being held for sale for risk management or liquidity needs are carried at the lower of cost or fair value calculated using pools of loans with similar characteristics.
Allowance for Loan and Lease Losses	Allowance for Loan and Lease Losses .
Securities Borrowed and Securities Loaned	Securities Borrowed and Securities Loaned .
Customer, Broker-Dealer and Clearing Receivables and Payables	Customer, Broker-Dealer and Clearing Receivables and Payables . Customer, broker-dealer and clearing receivables include receivables of the Company’s broker-dealer subsidiaries, which represent amounts due on cash and margin transactions and are generally collateralized by securities owned by clients. These receivables, primarily consisting of floating-rate loans collateralized by customer-owned securities, are charged interest at rates similar to other such loans made throughout the industry. The receivables are reported at their outstanding principal balance net of allowance for doubtful accounts. When a receivable is considered to be impaired, the amount of the impairment is generally measured based on the fair value of the securities acting as collateral, which is measured based on current prices from independent sources, such as listed market prices or broker-dealer price quotations. Securities owned by customers, including those that collateralize margin or other similar transactions, are not reflected in the balance sheet. Also included in these accounts are receivables and payables from brokers and dealers and clearing organizations as well as securities failed to deliver and receive.
Brand Partnership Products	Brand Partnership Products . Through its strategic partnerships division, the Bank has agreements with third-party service providers (“Program Managers”) possessing demonstrated expertise in managing programs involving marketing and processing financial products such as credit, debit, and prepaid cards, and small business and consumer loans. These relationships include the Company’s relationships with H&R Block, Inc., Nationwide Mutual Insurance Company, Netspend and BFS Capital, among others. As delineated by the related contracts, a Program Manager provides program management services in its areas of expertise subject to the Bank’s continuing control and active supervision of the subject program. Underwriting standards and credit decisioning remain with the Bank in all cases. Each of these relationships is designed to allow the Bank to leverage the Program Manager’s knowledge and experience to distribute program-related financial products to a broad and increasing base of customers. With respect to credit products, the Bank generally originates the resulting receivable for sale, but may, in its discretion, retain such receivable. The Bank performs extensive due diligence with respect to each Program Manager and program, and maintains a regimen of comprehensive risk management and strict compliance oversight with respect to all programs. Through our agreement with H&R Block, Inc. (“H&R Block”) and its wholly-owned subsidiaries the Bank provides H&R Block-branded financial products and services. The products and services that represent the primary focus and the majority of transactional volume that the Bank processes are described in detail below. The first product is Emerald Prepaid Mastercard ® services (“EPC”). The Bank entered into agreements to offer this product in August 2015. Under the agreements, the Bank is responsible for the primary oversight and control of the prepaid card programs of a wholly-owned subsidiary of H&R Block. The Bank holds the prepaid card customer deposits for those cards issued under the prepaid programs in non-interest bearing accounts and earns a fixed fee paid by H&R Block’s subsidiary for each automated clearing house (“ACH”) transaction processed through the prepaid card customer accounts. A portion of H&R Block’s customers use the Emerald Card as an option to receive federal and state income tax refunds. The prepaid customer deposits are included in non-interest bearing deposit liabilities on the balance sheet of the Company and the ACH fee income is included in the income statement under the line banking and service fees. The second product is Refund Transfer (“RT”). The Bank entered into agreements to offer this product in August 2015. The Bank is responsible for the primary oversight and control of the refund transfer program of a wholly-owned subsidiary of H&R Block. The Bank opens a temporary bank account for each H&R Block customer who is receiving an income tax refund and elects to defer payment of his or her tax preparation fees. After the Internal Revenue Service and any state income tax authorities transfer the refund into the customer’s account, the net funds are transferred to the customer and the temporary deposit account is closed. The Bank earns a fixed fee paid by H&R Block for each of the H&R Block customers electing a Refund Transfer. The fees are earned primarily in the quarter ending March 31st and are included in the income statement under the line banking and service fees. The third product is Emerald Advance. The Bank entered into agreements to offer this product in August 2015. Under the agreements the Bank is responsible for the underwriting guidelines and credit policies for unsecured consumer lines of credit offered to H&R Block customers. The Bank offers and funds unsecured lines of credit to consumers primarily through the H&R Block tax preparation offices and earns interest income and fee income. The Bank retains 10% of the Emerald Advance and sells the remainder to H&R Block. The lines of credit are included in loans and leases on the balance sheet of the Company and the interest income and fee income are included in the income statement under the line loans and leases interest and dividend income. The fourth product is an interest-free Refund Advance loan. The Bank exclusively originated and funded all of H&R Block’s interest-free Refund Advance loans to tax preparation clients for the 2018 tax season. The Bank performed the credit underwriting, loan origination, and funding associated with the interest-free Refund Advance loans in the current tax season and received fees from H&R Block for operating the program. No fee is charged to the tax preparation client. Repayment of the Refund Advance loan is deducted from the client’s tax refund proceeds; if an insufficient refund to repay the Refund Advance loan is received, there is no recourse to the client, no negative credit reporting occurs in respect of the client and no collection efforts are made against the client. This agreement is an expansion of the services the Bank provided to H&R Block in the 2017 tax season when the Bank participated through purchases of the loans with other providers in the Refund Advance loan program. During the 2017 tax season, the Bank purchased the Refund Advance loans from a third-party bank at a discount and recorded the accretion of the loan discount as interest income, reported on the income statement under the interest and dividend income line item. During the 2018 tax season, the Bank recorded the fees received from H&R Block as interest income on loans, reported on the income statement under the interest and dividend income line item. In July 2018, the Bank has renewed its agreement with H&R Block to be the exclusive provider of interest-free Refund Advance loans to customers during the 2019 tax season.
Revenue Recognition	Revenue Recognition . On July 1, 2018, the Company adopted ASU 2014-09, “ Revenue from Contracts with Customers (Topic 606) ”, and all subsequent amendments using a modified retrospective approach. The implementation of the new standard did not have a material impact on the measurement, timing, or recognition of revenue. Accordingly, no cumulative effect adjustment to opening retained earnings was deemed necessary. Results for reporting periods beginning after July 1, 2018 are presented under Topic 606, while prior period amounts were not adjusted and continue to be reported in accordance with our historic accounting under Topic 605. The core principle of Topic 606 is that an entity should recognize revenue to depict the transfer of goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The standard affects all entities that either enter into contracts with customers to transfer goods or services or enter into contracts for the transfer of nonfinancial assets unless those contracts are within the scope of other guidance. Therefore, the ASU excludes revenue associated with financial instruments including loans, leases, securities, and derivatives as these topics are accounted for following other guidance. Other areas that are within the scope of the revenue recognition standard include service charges on deposit accounts, and gains and losses on other real estate owned. Topic 606 does not apply to revenue associated with financial instruments, including revenue from loans and securities. In addition, certain non-interest income streams such as gain or loss associated with mortgage servicing rights, financial guarantees, derivatives, and income from bank owned life insurance are also not within the scope of the new guidance. Topic 606 is applicable to non-interest income such as deposit related fees, interchange fees, merchant related income. However, the recognition of these revenue streams did not change significantly upon adoption of Topic 606. Non-interest income considered to be within the scope of Topic 606 is discussed below. Deposit Service Fees. Service charges on deposit accounts consist of account analysis fees (i.e., net fees earned on analyzed business and public checking accounts), monthly service fees, check orders, and other deposit account related fees. The Company’s performance obligation for account analysis fees and monthly service fees is generally satisfied, and the related revenue recognized, over the period in which the service is provided. Check orders and other deposit account related fees are largely transactional based, and therefore, the Company’s performance obligation is satisfied and related revenue recognized, at a point in time. Payment for service charges on deposit accounts is primarily received immediately or in the following month through a direct charge to customers’ accounts. Fees, Exchange, and Other Service Charges. Fees, exchange, and other service charges are primarily comprised of debit and credit card income, ATM fees, merchant services income, and other service charges. Debit and credit card income is primarily comprised of interchange fees earned whenever the Company’s debit and credit cards are processed through card payment networks such as Visa. ATM fees are primarily generated when a Company cardholder uses a non-Company ATM or a non-Company cardholder uses a Company ATM. Merchant services income mainly represents fees charged to merchants to process their debit and credit card transactions, in addition to account management fees. Other service charges include revenue from processing wire transfers, bill pay service, cashier’s checks, and other services. The Company’s performance obligation for fees, exchange, and other service charges are largely satisfied, and related revenue recognized, when the services are rendered or upon completion. Payment is typically received immediately or in the following month. Broker dealer clearing fees. Fee revenue is generally recognized at a point in time upon the delivery of contracted services based on a predefined contractual amount or on the trade date for trade execution services based on prevailing market prices and internal and regulatory guidelines. Revenues and expenses related to client trades, including order routing revenue (also referred to as payment for order flow), are recorded on a trade-date basis. Client securities trades are recorded on a settlement-date basis with such trades generally settling within two business days after the trade date. Bankruptcy Trustee and Fiduciary Service Fees. Bankruptcy Trustee and Fiduciary Service income is primarily comprised of fees earned from the Monthly Basis Point Fee and Bank Account Service Charge. The products and services provided to the Trustee also indirectly provide additional deposits to the other banks. One of the uses of the increased deposits by the other banks is to fund the fees paid. The performance obligation is satisfied when the deposits are increased (or decreased) at the end of each month. The expected value method will be used to calculate and record the estimated revenue at the beginning of each month with a subsequent reconciliation to actual at the end of each month. A contract asset or receivable is recognized if the Company performs a service or transfers a good in advance of receiving consideration. A contract liability is recognized if the Company receives consideration (or has the unconditional right to receive consideration) in advance of performance. As of March 31, 2019 , the Company’s contract liabilities were not considered material. Contract Acquisition Costs. The Company uses the practical expedient to expense contract acquisition costs when the asset that would have resulted from capitalizing these costs would have been amortized in less than one year. In adopting the guidance in Topic 606, the Company did not capitalize any contract acquisition costs. Other Real Estate Owned.
New Accounting Pronouncements	New Accounting Pronouncements . 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. The new standard establishes a right-of-use model that requires a lessee to record a right of use asset and a lease liability on the balance sheet for all leases with terms longer than 12 months . Leases will be classified as either finance or operating, with classification affecting the pattern of expense recognition in the income statement. ASUs 2016-02, 2018-10 and 2018-11 are effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. A modified retrospective transition approach is anticipated for lessees for capital and operating leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements, with certain practical expedients available. The Company continues to evaluate the impact of ASUs 2016-02, 2018-10 and 2018-11. The Company has several lease agreements, which are currently considered operating leases, and therefore, not recognized on the Company’s consolidated balance sheet. The Company expects the new guidance will require these lease agreements to be recognized on the consolidated balance sheet as a right-of-use asset and a corresponding lease liability. Therefore, the Company’s preliminary evaluation indicates the provisions of ASU No. 2016-02 are expected to impact the Company’s consolidated balance sheet, along with the Company’s regulatory capital ratios. However, the Company does not expect the new guidance to have a material impact on the Company’s consolidated statements of income. The Company is nearing completion of its effort to compile a complete inventory of arrangements containing a lease and accumulating the lease data necessary to apply the amended guidance. The Company plans to adopt this standard on July 1, 2019. In June 2016, the FASB issued ASU 2016-13 Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments (“ASU 2016-13”), which (i) significantly changes the impairment model for most financial assets that are measured at amortized cost and certain other instruments from an incurred loss model to an expected loss model; and (ii) provides for recording credit losses on available-for-sale debt securities through an allowance account. ASU 2016-13 also requires certain incremental disclosures. ASU 2016-13 should be applied on a modified-retrospective transition approach that would require a cumulative-effect adjustment to the opening retained earnings in the statement of financial condition as of the date of adoption. A prospective transition approach is required for debt securities for which an other-than-temporary impairment had been recognized before the effective date. The guidance will be effective for the Company’s financial statements that include periods beginning July 1, 2020. Early adoption is permitted beginning July 1, 2019. The Company has formed a working group, which is currently developing an implementation plan to include assessment of processes, portfolio segmentation, model development, system requirements and the identification of data and resource needs, among other things including evaluating third-party vendor solutions. The Company expects ASU 2016-13 to have a material impact on the Company’s consolidated financial statements. In January 2017, the FASB issued ASU 2017-01, Business Combinations (Topic 805): Clarifying the Definition of a Business , which changes the definition of a business to assist entities with evaluating when a set of transferred assets and activities is deemed to be a business. Determining whether a transferred set constitutes a business is important because the accounting for a business combination differs from that of an asset acquisition. The definition of a business also affects the accounting for dispositions. Under the new standard, when substantially all of the fair value of assets acquired is concentrated in a single asset, or a group of similar assets, the assets acquired would not represent a business and business combination accounting would not be required. The new standard may result in more transactions being accounted for as asset acquisitions rather than business combinations. The Company adopted this standard on July 1, 2018. The new guidance did not have a significant impact on the Company’s consolidated financial statements at the time of adoption. In March 2017, the FASB issued guidance within ASU 2017-08, Premium Amortization on Purchased Callable Debt Securities . The amendments in ASU 2017-08 to Subtopic 310-20, Receivables-Nonrefundable Fees and Other Costs, shorten the amortization period for certain purchased callable debt securities held at a premium to the earliest call date, which more closely align the amortization period of premiums and discounts to expectations incorporated in market pricing on the underlying securities. Under current GAAP, entities generally amortize the premium as an adjustment of yield over the contractual life of the instrument. The amendments do not require an accounting change for securities held at a discount; the discount continues to be amortized to maturity. The amendments in this ASU should be applied on a modified retrospective basis through a cumulative-effect adjustment directly to retained earnings as of the beginning of the period of adoption. The amendments in this ASU are effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018. Early adoption is permitted, including adoption in an interim period. The adoption of this guidance is not expected to have a significant impact on the Company’s consolidated financial statements. In May 2017, the FASB issued ASU 2017-09, Compensation—Stock Compensation (Topic 718), Scope of Modification Accounting . The amendments in this update provide guidance about which changes to the terms or conditions of a share-based payment award require an entity to apply modification accounting in Topic 718. The amendments in this update are effective for all entities for annual periods, and interim periods within those annual periods, beginning after December 15, 2017. The Company adopted this standard on July 1, 2018. The new guidance did not have a significant impact on the Company’s consolidated financial statements at the time of adoption. In August 2017, the FASB issued ASU 2017-12, Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities. The ASU expands and refines hedge accounting for both financial and non-financial risk components, aligns the recognition and presentation of the effects of hedging instruments and hedge items in the financial statements, and includes certain targeted improvements to ease the application of current guidance related to the assessment of hedge effectiveness. The effective date of the new standard for public companies is for fiscal years beginning after December 15, 2018, and interim periods within those fiscal years. Early adoption is permitted. The new standard must be adopted using a modified retrospective transition with a cumulative effect adjustment recorded to opening retained earnings as of the initial adoption date. The Company does not anticipate that this guidance will have a material impact on its consolidated financial statements. In June 2018, the FASB issued guidance within ASU 2018-07, Improvements to Nonemployee Share-Based Payment Accounting . The amendments in ASU 2018-07 to Topic 718, Compensation-Stock Compensation, are intended to align the accounting for share-based payment awards issued to employees and nonemployees. Changes to the accounting for nonemployee awards include: 1) equity classified share-based payment awards issued to nonemployees will now be measured on the grant date, instead of the previous requirement to remeasure the awards through the performance completion date; 2) for performance conditions, compensation cost associated with the award will be recognized when achievement of the performance condition is probable, rather than upon achievement of the performance condition; and 3) the current requirement to reassess the classification (equity or liability) for nonemployee awards upon vesting will be eliminated, except for awards in the form of convertible instruments. The new guidance also clarifies that any share-based payment awards issued to customers should be evaluated under ASC 606, Revenue from Contracts with Customers . The amendments in this ASU are effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018. The Company’s share-based payment awards to nonemployees consist only of grants made to the Company’s nonemployee Directors as compensation solely related to each individual’s role as a nonemployee Director. As such, in accordance with ASC 718, the Company accounts for these share-based payment awards to its nonemployee Directors in the same manner as share-based payment awards for its employees. Accordingly, the amendments in this guidance will not have an effect on the accounting for the Company’s share-based payment awards to its nonemployee Directors. In August 2018, the FASB issued guidance within ASU 2018-13, Fair Value Measurement Disclosure Framework (Topic 820) - Changes to the Disclosure Requirements for Fair Value Measurement. The amendments in ASU 2018-13 require a nonpublic entity to disclose transfers into and out of Level 3 of the fair value hierarchy and purchases and issues of Level 3 assets and liabilities. Public companies are also now required to disclose the changes in unrealized gains and losses for the period included in other comprehensive income for recurring Level 3 fair value measurements and the range and weighted average of significant unobservable inputs used to develop Level 3 fair value measurements. Under current GAAP, entities are required to disclose a roll forward for Level 3 fair value measurements. The amendments in this ASU related to changes in unrealized gains and losses, the range and weighted average of significant unobservable inputs used to develop Level 3 fair value measurements, and the narrative description of measurement uncertainty should be applied prospectively for only the most recent interim or annual period presented in the initial fiscal year of adoption. All other amendments should be applied retrospectively to all periods presented upon their effective date. Early adoption is permitted upon issuance of this ASU. The Company does not anticipate that this guidance will have a material impact on its consolidated financial statements.
Fair Value Measurement	Fair value is defined as the price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. Accounting Standards Codification Topic 820, Fair Value Measurement , also establishes a fair value hierarchy which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The standard describes three levels of inputs that may be used to measure fair value: Level 1: Quoted prices in active markets for identical assets or liabilities in active markets that the entity has the ability to access as of the measurement date. Level 1 assets and liabilities include debt and equity securities that are actively traded in an exchange or over-the-counter market and are highly liquid, such as, among other assets and securities, certain U.S. treasury and other U.S. government debt. Level 2: Observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities. Level 2 assets include securities with quoted prices that are traded less frequently than exchange-traded instruments and whose value is determined using a pricing model with inputs that are observable in the market or can be derived principally from or corroborated by observable market data. Level 3: Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. Level 3 assets and liabilities include financial instruments whose value is determined using pricing models such as discounted cash flow methodologies, or similar techniques, as well as instruments for which the determination of fair value requires significant management judgment or estimation. When available, the Company generally uses quoted market prices to determine fair value, in which case the items are classified in Level 1. In some cases where a market price is available, the Company will make use of acceptable practical expedients (such as matrix pricing) to calculate fair value, in which case the items are classified in Level 2. The Company considers relevant and observable market prices in its valuations where possible. The frequency of transactions, the size of the bid-ask spread and the nature of the participants are some of the factors the Company uses to help determine whether a market is active and orderly or inactive and not orderly. Price quotes based upon transactions that are not orderly are not considered to be determinative of fair value and should be given little, if any, weight in measuring fair value.
Fair Value of Financial Instruments	The following section describes the valuation methodologies used by the Company to measure various financial instruments at fair value, including an indication of the level in the fair value hierarchy in which each instrument is generally classified: Securities—trading, available-for-sale, and held-to-maturity . Trading securities are recorded at fair value. Available-for-sale (“AFS”) securities are recorded at fair value and consist of residential mortgage-backed securities (“RMBS”) issued by U.S. agencies, RMBS issued by non-agencies, municipal securities as well as other Non-RMBS securities. Fair value for U.S. agency securities is generally based on quoted market prices of similar securities used to form a dealer quote or a pricing matrix. There continues to be significant illiquidity in the market for RMBS issued by non-agencies, impacting the availability and reliability of transparent pricing. As orderly quoted market prices are not available, the Level 3 fair values for these securities are determined by the Company utilizing industry-standard tools to calculate the net present value of the expected cash flows available to the securities from the underlying mortgage assets. The Company computes Level 3 fair values for each non-agency RMBS in the same manner (as described below) whether available-for-sale or held-to-maturity. To determine the performance of the underlying mortgage loan pools, the Company estimates prepayments, defaults, and loss severities based on a number of macroeconomic factors, including housing price changes, unemployment rates, interest rates and borrower attributes such as credit score and loan documentation at the time of origination. For each security, the Company inputs a projection of monthly default rates, loss severity rates and voluntary prepayment rates for the underlying mortgages for the remaining life of each security to determine the expected cash flows. The projections of default rates are derived by the Company from the historic default rate observed in the pool of loans collateralizing the security, increased by and decreased by the forecasted increase or decrease in the national unemployment rate. The projections of loss severity rates are derived by the Company from the historic loss severity rate observed in the pool of loans, increased by (and decreased by) the forecasted decrease or increase in the national home price appreciation (“HPA”) index. The largest factors influencing the Company’s modeling of the monthly default rate are unemployment and HPA, as a strong correlation exists. The national unemployment rate announced prior to the end of the period covered by this report (reported for February 2019) was 3.8% , down from the high of 10.0% in October 2009. Going forward, the Company is projecting lower monthly default rates. The range of loss severity rates applied to each default used in the Company’s projections at March 31, 2019 are from 40.0% up to 68.3% based upon individual bond historical performance. The default rates and the severities are projected for every non-agency RMBS security held by the Company and will vary monthly based upon the actual performance of the security and the macroeconomic factors discussed above. To determine the discount rates used to compute the present value of the expected cash flows for these non-agency RMBS securities, the Company separates the securities by the borrower characteristics in the underlying pool. Specifically, “Alt-A” securities generally have borrowers with a lower FICO and less documentation of income. “Pay-option ARMs” are Alt-A securities with borrowers that tend to pay the least amount of principal (or increase their loan balance through negative amortization). The Company calculates separate discount rates for Alt-A and Pay-option ARM non-agency RMBS securities using market-participant assumptions for risk, capital and return on equity. The range of annual default rates used in the Company’s projections at March 31, 2019 are from 1.5% up to 16.0% with Alt-A and Pay-option ARMs securities tending toward the lower end of the range. The Company applies its discount rates to the projected monthly cash flows which already reflect the full impact of all forecasted losses using the assumptions described above. When calculating present value of the expected cash flows at March 31, 2019 , the Company computed its discount rates as a spread between 271 and 679 basis points over the interpolated swap curve with Alt-A and Pay-option ARM securities tending toward the lower end of the range. The Bank’s estimate of fair value for non-agency securities using Level 3 pricing is highly subjective and is based on the Bank’s estimate of voluntary prepayments, default rates, severities and discount margins, which are forecasted monthly over the remaining life of the security. Changes in one or more of these assumptions can cause a significant change in the estimated fair value. For further details see the table later in this note that summarizes quantitative information about Level 3 fair value measurements. Loans Held for Sale . Loans held for sale at fair value are primarily single-family and multifamily residential loans. The fair value of residential loans held for sale is determined by pricing for comparable assets or by existing forward sales commitment prices with investors. Impaired Loans and Leases . Impaired loans and leases are loans and leases which are inadequately protected by the current net worth and paying capacity of the borrowers or the collateral pledged. The accrual of interest income has been discontinued for impaired loans and leases. The impaired loans are characterized by the distinct possibility that the Bank will sustain some loss if the deficiencies are not corrected. The Company assesses loans individually and identifies impairment when the loan is classified as impaired, has been restructured, or management has serious doubts about the future collectibility of principal and interest, even though the loans may currently be performing. The fair value of an impaired loan is determined based on an observable market price or current appraised value of the underlying collateral. The fair value of impaired loans with specific write-offs or allocations of the allowance for loan losses are generally based on recent real estate appraisals or internal valuation analyses consistent with the methodology used in real estate appraisals and include other third-party valuations and analysis of cash flows. These appraisals and analyses are updated at least on an annual basis. The Company primarily obtains real estate appraisals and in the rare cases where an appraisal cannot be obtained, the Company performs an internal valuation analysis. These appraisals and analyses may utilize a single valuation approach or a combination of approaches including comparable sales and income approaches. The sales comparison approach uses at least three recent similar property sales to help determine the fair value of the property being appraised. The income approach is calculated by taking the net operating income generated by the collateral property of the rent collected and dividing it by an assumed capitalization rate. Adjustments are routinely made in the process by the appraisers to account for differences between the comparable sales and income data available. When measuring the fair value of the impaired loan based upon the projected sale of the underlying collateral, the Company subtracts the costs expected to be incurred for the transfer of the underlying collateral, which includes items such as sales commissions, delinquent taxes and insurance premiums. These adjustments to the estimated fair value of nonaccrual loans may result in increases or decreases to the provision for loan and lease losses recorded in current earnings. Such adjustments are typically significant and result in a Level 3 classification for the inputs for determining fair value. Other Real Estate Owned and Repossessed Vehicles . Non-recurring adjustments to certain commercial and residential real estate properties classified as other real estate owned (“OREO”) are measured at the lower of carrying amount or fair value, less estimated costs to sell. Fair values are generally based on third-party appraisals of the property, resulting in a Level 3 classification. In cases where the carrying amount exceeds the fair value, less costs to sell, an impairment loss is recognized. Mortgage Servicing Rights . The Company initially records all mortgage servicing rights (“MSRs”) at fair value and accounts for MSRs at fair value during the life of the MSR, with changes in fair value recorded mortgage banking income in the income statement. Fair value adjustments encompass market-driven valuation changes as well as modeled amortization involving the run-off of value that occurs due to the passage of time as individual loans are paid by borrowers. Market expectations about loan duration, and correspondingly the expected term of future servicing cash flows, may vary from time to time due to changes in expected prepayment activity, especially when interest rates rise or fall. Market expectations of increased loan prepayment speeds may negatively impact the fair value of the single family MSRs. Fair value is also dependent on the discount rate used in calculating present value, which is imputed from observable market activity and market participants and results in Level 3 classification. Management reviews and adjusts the discount rate on an ongoing basis. An increase in the discount rate would reduce the estimated fair value of the MSRs asset. Mortgage Banking Derivatives . Fair value for mortgage banking derivatives are either based upon prices in active secondary markets for identical securities or based on quoted market prices of similar assets used to form a dealer quote or a pricing matrix. If no such quoted price exists, the fair value of a commitment is determined by quoted prices for a similar commitment or commitments, adjusted for the specific attributes of each commitment. These fair values are then adjusted for items such as fallout and estimated costs to originate the loan. The Company’s valuation methodologies may produce a fair value calculation that may not be indicative of net realizable value or reflective of future fair values. While management believes the Company’s valuation methodologies are appropriate and consistent with or, in some cases, more conservative than other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different estimate of fair value at the relevant reporting date.
Credit Quality Indicators	Credit Quality Indicators The Company categorizes loans and leases into risk categories based on relevant information about the ability of borrowers to service their debt such as: current financial information, historical payment experience, credit documentation, public information and current economic trends, among other factors. The Company analyzes loans and leases individually by classifying the loans and leases based on credit risk. The Company uses the following definitions for risk ratings. Pass. Loans and leases classified as pass are well protected by the current net worth and paying capacity of the obligor or by the fair value, less cost to acquire and sell, of any underlying collateral in a timely manner. Special Mention . Loans and leases classified as special mention have a potential weakness that deserves management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the loan or lease or of the institution’s credit position at some future date. Substandard . Loans and leases classified as substandard are inadequately protected by the current net worth and paying capacity of the obligor or of the collateral pledged, if any. Loans and leases so classified have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that the institution will sustain some loss if the deficiencies are not corrected. Doubtful . Loans and leases classified as doubtful have all the weaknesses inherent in those classified as substandard, with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions, and values, highly questionable and improbable.
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.

SIGNIFICANT ACCOUNTING POLICI_3

SIGNIFICANT ACCOUNTING POLICIES (Tables)	9 Months Ended
	Mar. 31, 2019
Accounting Policies [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 Nine Months Ended March 31, March 31, (Dollars in thousands, except per share data) 2019 2018 2019 2018 Non-interest income Deposit service fees $ 404 $ 224 $ 3,083 $ 2,950 Card fees 1,174 911 4,094 2,670 Broker-dealer clearing fees 1,567 — 1,567 — Bankruptcy trustee and fiduciary service fees 1,514 — 5,724 — Non-interest income (in-scope of Topic 606) 4,659 1,135 14,468 5,620 Non-interest income (out-of-scope of Topic 606) 21,439 22,390 45,065 48,344 Total non-interest income $ 26,098 $ 23,525 $ 59,533 $ 53,964
Schedule of Revisions of Previously Issued Financial Statements	Revisions of Previously Issued Financial Statements for Correction of Immaterial Errors . During the fiscal year ended June 30, 2018 , the Company identified an immaterial error related to an incorrect calculation of basic and diluted earnings per common share related to unvested nonparticipating restricted stock units. The corrected calculation results in increased basic and diluted earnings per common share in certain periods. In order to correct this immaterial error, the Company revised the basic and diluted earnings per common share for the interim quarters of the fiscal year ended June 30, 2018. The revisions are reflected in the table below. Three Months Ended Nine Months Ended March 31, 2018 March 31, 2018 (Dollars in thousands, except per share data) Previously Reported Adjustment Revised Previously Reported Adjustment Revised Earnings Per Common Share Net income attributable to common stockholders $ 51,176 $ — $ 51,176 $ 115,062 $ — $ 115,062 Average common shares issued and outstanding 62,543,949 — 62,543,949 63,219,386 — 63,219,386 Average unvested RSUs 1,551,828 (1,479,828 ) 72,000 1,488,554 (1,409,128 ) 79,426 Total qualifying shares 64,095,777 (1,479,828 ) 62,615,949 64,707,940 (1,409,128 ) 63,298,812 Earnings per common share $ 0.80 $ 0.02 $ 0.82 $ 1.78 $ 0.04 $ 1.82 Diluted Earnings Per Common Share Dilutive net income attributable to common stockholders $ 51,176 $ — $ 51,176 $ 115,062 $ — $ 115,062 Average common shares issued and outstanding 64,095,777 (1,479,828 ) 62,615,949 64,707,940 (1,409,128 ) 63,298,812 Dilutive effect of average unvested RSUs — 1,050,861 1,050,861 — 874,663 874,663 Total dilutive common shares issued and outstanding 64,095,777 (428,967 ) 63,666,810 64,707,940 (534,465 ) 64,173,475 Diluted earnings per common share $ 0.80 $ — $ 0.80 $ 1.78 $ 0.01 $ 1.79 During the fourth quarter of 2018, the Company identified an immaterial error related to the classification of proceeds from the sale of loans that were transferred from loans held-for-investment in the condensed consolidated statements of cash flows for the nine months ended March 31, 2018 and revised its previously issued financial statements for the nine months ended March 31, 2018 to correctly present these activities. There was no change to net change in cash and cash equivalents. The revisions to cash flows from operating and investing activities are reflected in the table below. Nine Months Ended (Dollars in thousands) Previously Reported Adjustment Revised Cash Flows From Operating Activities: Proceeds from sale of loans held for sale $ 1,280,673 $ 84 $ 1,280,757 Other assets $ (20,643 ) $ (290 ) $ (20,933 ) Net cash provided by in operating activities $ 118,578 $ (206 ) $ 118,372 Cash Flows From Investing Activities: Proceeds from sale of loans held for investment $ — $ 206 $ 206 Net cash used in investing activities $ (603,883 ) $ 206 $ (603,677 )

ACQUISITIONS (Tables)

ACQUISITIONS (Tables)	9 Months Ended
	Mar. 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 2,101 Securities borrowed 157,898 Customer, broker-dealer and clearing receivables 232,174 Other assets 5,564 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 2,185 Accounts payable and accrued liabilities 5,198 Total identifiable liabilities $ 535,634 Provisional resulting goodwill $ 34,933 Intangible assets 20,120 Total cash purchase price $ 80,292 Notes issued $ 7,500

FAIR VALUE (Tables)

FAIR VALUE (Tables)	9 Months Ended
	Mar. 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 March 31, 2019 and June 30, 2018 . Assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement: March 31, 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 $ — $ 1,692 $ — $ 1,692 Agency RMBS 1 — 10,070 — 10,070 Non-Agency RMBS 2 — — 13,122 13,122 Municipal — 29,804 — 29,804 Asset-backed securities and structured notes — 164,468 — 164,468 Total—Securities—Available-for-Sale $ — $ 206,034 $ 13,122 $ 219,156 Loans Held for Sale $ — $ 15,714 $ — $ 15,714 Mortgage servicing rights $ — $ — $ 10,355 $ 10,355 Other assets—Derivative instruments $ — $ — $ 838 $ 838 LIABILITIES: Other liabilities—Derivative instruments $ — $ — $ 216 $ 216 June 30, 2018 (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 RMBS 1 $ — $ 12,926 $ — $ 12,926 Non-Agency RMBS 2 — — 17,443 17,443 Municipal — 20,212 — 20,212 Asset-backed securities and structured notes — 129,724 — 129,724 Total—Securities—Available-for-Sale $ — $ 162,862 $ 17,443 $ 180,305 Loans Held for Sale $ — $ 35,077 $ — $ 35,077 Mortgage servicing rights $ — $ — $ 10,752 $ 10,752 Other assets—Derivative instruments $ — $ — $ 1,321 $ 1,321 LIABILITIES: Other liabilities—Derivative instruments $ — $ — $ 368 $ 368
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 March 31, 2019 (Dollars in thousands) Securities – Available-for-Sale: Non-Agency RMBS Mortgage Servicing Rights Derivative Instruments, net Total Opening balance $ 14,421 $ 11,215 $ 469 $ 26,105 Transfers into Level 3 — — — — Transfers out of Level 3 — — — — Total gains or losses for the period: Included in earnings—Sale of securities — — — — Included in earnings—Fair value gain (loss) on trading securities — — — — Included in earnings—Mortgage banking income — (1,199 ) 153 (1,046 ) Included in other comprehensive income (108 ) — — (108 ) Purchases, originations, issues, sales and settlements: Purchases/originations — 339 — 339 Issues — — — — Sales — — — — Settlements (370 ) — — (370 ) Other-than-temporary impairment (821 ) — — (821 ) Closing balance $ 13,122 $ 10,355 $ 622 $ 24,099 Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period $ — $ (1,199 ) $ 153 $ (1,046 ) For the Nine Months Ended March 31, 2019 (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 Transfers into Level 3 — — — — Transfers out of Level 3 — — — — Total gains or losses for the period: Included in earnings—Sale of securities (133 ) — — (133 ) Included in earnings—Fair value gain (loss) on trading securities — — — — Included in earnings—Mortgage banking income — (2,053 ) (331 ) (2,384 ) Included in other comprehensive income 442 — — 442 Purchases, issues, sales and settlements: Purchases — 1,656 — 1,656 Issues — — — — Sales (2,058 ) — — (2,058 ) Settlements (1,751 ) — — (1,751 ) Other-than-temporary impairment (821 ) — — (821 ) Closing balance $ 13,122 $ 10,355 $ 622 $ 24,099 Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period $ (133 ) $ (2,053 ) $ (331 ) $ (2,517 ) For the Three Months Ended March 31, 2018 (Dollars in thousands) Securities – Trading: Collateralized Debt Obligations Securities – Available-for-Sale: Non-Agency RMBS Mortgage Servicing Rights Derivative Instruments, net Total Opening balance $ — $ 24,791 $ 9,066 $ 1,218 $ 35,075 Transfers into Level 3 — — — — — Transfers out of Level 3 — — — — — Total gains or losses for the period: Included in earnings—Sale of securities — (101 ) — — (101 ) Included in earnings—Fair value gain on trading securities — — — — — Included in earnings—Mortgage banking income — — 567 220 787 Included in other comprehensive income — (960 ) — — (960 ) Purchases, originations, issues, sales and settlements: Purchases/originations — — 595 — 595 Issues — — — — — Sales — (4,068 ) — — (4,068 ) Settlements — (2,032 ) — — (2,032 ) Other-than-temporary impairment — — — — — Closing balance $ — $ 17,630 $ 10,228 $ 1,438 $ 29,296 Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period $ — $ (101 ) $ 567 $ 220 $ 686 For the Nine Months Ended March 31, 2018 (Dollars in thousands) Securities – Trading: Collateralized Debt Obligations Securities – Available-for-Sale: Non-Agency RMBS Mortgage Servicing Rights Derivative Instruments, net Total Opening Balance $ 8,327 $ 71,503 $ 7,200 $ 1,026 $ 88,056 Transfers into Level 3 — — — — — Transfers out of Level 3 — — — — — Total gains or losses for the period: Included in earnings—Sale of securities 282 (300 ) — — (18 ) Included in earnings—Fair value gain (loss) on trading securities — — — — — Included in earnings—Mortgage banking income — — 188 412 600 Included in other comprehensive income — (2,114 ) — — (2,114 ) Purchases, issues, sales and settlements: Purchases — — 2,840 — 2,840 Issues — — — — — Sales (8,609 ) (44,267 ) — — (52,876 ) Settlements — (7,036 ) — — (7,036 ) Other-than-temporary impairment — (156 ) — — (156 ) Closing balance $ — $ 17,630 $ 10,228 $ 1,438 $ 29,296 Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period $ — $ (300 ) $ 188 $ 412 $ 300
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: March 31, 2019 (Dollars in thousands) Fair Value Valuation Technique Unobservable Input Range (Weighted Average) Securities – Non-agency RMBS $ 13,122 Discounted Cash Flow Projected Constant Prepayment Rate, 2.5 to 19.9% (12.0%) 1.5 to 16.0% (7.1%) Mortgage Servicing Rights $ 10,355 Discounted Cash Flow Projected Constant Prepayment Rate, 5.7 to 38.4% (9.5%) 2.0 to 9.6 (6.7) Derivative Instruments $ 622 Sales Comparison Approach Projected Sales Profit of Underlying Loans 0.2 to 0.7% (0.4%) June 30, 2018 (Dollars in thousands) Fair Value Valuation Technique Unobservable Input Range (Weighted Average) Securities – Non-agency RMBS $ 17,443 Discounted Cash Flow Projected Constant Prepayment Rate, 2.5 to 25.8% (14.1%) 1.5 to 10.6% (5.1%) Mortgage Servicing Rights $ 10,752 Discounted Cash Flow Projected Constant Prepayment Rate, 6.0 to 26.6% (9.1%) 2.4 to 9.5 (6.9) Derivative Instruments $ 953 Sales Comparison Approach Projected Sales Profit of Underlying Loans 0.1 to 0.4% (0.3%) March 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 $ 43,443 Sales comparison approach Adjustment for differences between the comparable sales -51.4 to 80.0% (1.1%) Auto and RV secured $ 292 Sales comparison approach Adjustment for differences between the comparable sales -36.7 to 38.9% (2.5%) Other $ 798 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 $ 7,470 Sales comparison approach Adjustment for differences between the comparable sales -46.3 to 53.0% (6.3%) Autos and RVs $ 146 Sales comparison approach Adjustment for differences between the comparable sales -7.7 to 56.3% (10.1%) 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, 2018 (Dollars in thousands) Fair Value Valuation Technique(s) Unobservable Input Range (Weighted Average) 1 Impaired loans and leases: Single family real estate secured: Mortgage $ 28,446 Sales comparison approach Adjustment for differences between the comparable sales -48.8 to 66.7% (2.3%) Home equity $ 16 Sales comparison approach Adjustment for differences between the comparable sales 0.0 to 14.9% (7.4%) Multifamily real estate secured $ 232 Sales comparison approach and income approach Adjustment for differences between the comparable sales and adjustments for differences in net operating income expectations, capitalization rate -15.5 to 46.4% (15.4%) Auto and RV secured $ 60 Sales comparison approach Adjustment for differences between the comparable sales -2.0 to 71.5% (24.0%) Commercial and Industrial $ 2,361 Sales comparison approach Adjustment for differences between the comparable sales -33.8 to 0.0% (-16.9%) Other $ 111 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%) -1.0 to 2.5% (0.8%) Other real estate owned and foreclosed assets: Single family real estate $ 9,385 Sales comparison approach Adjustment for differences between the comparable sales -14.1 to 27.3% (0.5%) Autos and RVs $ 206 Sales comparison approach Adjustment for differences between the comparable sales -33.9 to 60.5% (7.9%) 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: March 31, 2019 (Dollars in thousands) Quoted Prices in Significant Other Significant Balance Impaired Loans and Leases: Single family real estate secured: Mortgage $ — $ — $ 43,443 $ 43,443 Auto and RV secured — — 292 292 Other — — 798 798 Total $ — $ — $ 44,533 $ 44,533 Other real estate owned and foreclosed assets: Single family real estate $ — $ — $ 7,470 $ 7,470 Autos and RVs — — 146 146 Total $ — $ — $ 7,616 $ 7,616 June 30, 2018 (Dollars in thousands) Quoted Prices in Significant Other Significant Balance Impaired Loans and Leases: Single family real estate secured: Mortgage $ — $ — $ 28,446 $ 28,446 Home equity — — 16 16 Multifamily real estate secured — — 232 232 Auto and RV secured — — 60 60 Commercial & Industrial — — 2,361 2,361 Other — — 111 111 Total $ — $ — $ 31,226 $ 31,226 Other real estate owned and foreclosed assets: Single family real estate $ — $ — $ 9,385 $ 9,385 Autos and RVs — — 206 206 Total $ — $ — $ 9,591 $ 9,591
Schedule of Aggregate Fair Value, Contractual Balance, and Gains of Loans Held For Sale	As of March 31, 2019 and June 30, 2018 , 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) March 31, 2019 June 30, 2018 Aggregate fair value $ 15,714 $ 35,077 Contractual balance 15,286 34,415 Gain $ 428 $ 662 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 Nine Months Ended March 31, March 31, (Dollars in thousands) 2019 2018 2019 2018 Interest income $ 258 $ 213 $ 824 $ 584 Change in fair value 134 275 (577 ) 558 Total $ 392 $ 488 $ 247 $ 1,142
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 March 31, 2019 and June 30, 2018 were as follows: March 31, 2019 Fair Value (Dollars in thousands) Carrying Level 1 Level 2 Level 3 Total Fair Value Financial assets: Cash and cash equivalents $ 763,339 $ 763,339 $ — $ — $ 763,339 Securities available-for-sale 219,156 — 206,034 13,122 219,156 Loans held for sale, at fair value 15,714 — 15,714 — 15,714 Loans held for sale, at lower of cost or fair value 3,267 — — 3,913 3,913 Loans and leases held for investment—net 9,098,453 — — 9,265,296 9,265,296 Accrued interest receivable 38,996 — — 38,996 38,996 Mortgage servicing rights 10,355 — — 10,355 10,355 Securities borrowed 127,167 — — 127,269 127,269 Customer, broker-dealer and clearing receivables 252,900 — — 254,822 254,822 Financial liabilities: Total deposits 8,655,455 — 8,203,638 — 8,203,638 Advances from the Federal Home Loan Bank 443,500 — 443,911 — 443,911 Borrowings, subordinated notes and debentures 214,477 — 213,271 — 213,271 Accrued interest payable 3,080 — 3,080 — 3,080 Securities Loaned 201,574 — — 201,473 201,473 Customer, broker-dealer and clearing payables 245,208 — — 211,586 211,586 June 30, 2018 Fair Value (Dollars in thousands) Carrying Level 1 Level 2 Level 3 Total Fair Value Financial assets: Cash and cash equivalents $ 622,850 $ 622,850 $ — $ — $ 622,850 Securities available-for-sale 180,305 — 162,862 17,443 180,305 Loans held for sale, at fair value 35,077 — 35,077 — 35,077 Loans held for sale, at lower of cost or fair value 2,686 — — 2,734 2,734 Loans and leases held for investment—net 8,432,289 — — 8,466,494 8,466,494 Accrued interest receivable 26,729 — — 26,729 26,729 Mortgage servicing rights 10,752 — — 10,752 10,752 Financial liabilities: Total deposits 7,985,350 — 7,584,928 — 7,584,928 Advances from the Federal Home Loan Bank 457,000 — 453,326 — 453,326 Borrowings, subordinated notes and debentures 54,552 — 51,693 — 51,693 Accrued interest payable 1,753 — 1,753 — 1,753

SECURITIES (Tables)

SECURITIES (Tables)	9 Months Ended
	Mar. 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 available-for-sale securities at March 31, 2019 and June 30, 2018 were: March 31, 2019 Available-for-sale (Dollars in thousands) Amortized Cost Unrealized Gains Unrealized Losses Fair Value Mortgage-backed securities (RMBS): U.S. agencies 1 $ 10,115 $ 112 $ (157 ) $ 10,070 Non-agency 2 13,910 100 (888 ) 13,122 Total mortgage-backed securities 24,025 212 (1,045 ) 23,192 Non-RMBS: U.S. agencies 1 1,692 — — 1,692 Municipal 29,965 660 (821 ) 29,804 Asset-backed securities and structured notes 163,330 1,364 (226 ) 164,468 Total Non-RMBS 194,987 2,024 (1,047 ) 195,964 Total debt securities $ 219,012 $ 2,236 $ (2,092 ) $ 219,156 June 30, 2018 Available-for-sale (Dollars in thousands) Amortized Cost Unrealized Gains Unrealized Losses Fair Value Mortgage-backed securities (RMBS): U.S. agencies 1 $ 13,102 $ 152 $ (328 ) $ 12,926 Non-agency 2 19,384 116 (2,057 ) 17,443 Total mortgage-backed securities 32,486 268 (2,385 ) 30,369 Non-RMBS: Municipal 20,953 2 (743 ) 20,212 Asset-backed securities and structured notes 127,558 2,267 (101 ) 129,724 Total Non-RMBS 148,511 2,269 (844 ) 149,936 Total debt securities $ 180,997 $ 2,537 $ (3,229 ) $ 180,305 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: March 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 $ — $ — $ 4,570 $ (157 ) $ 4,570 $ (157 ) Non-agency — — 8,644 (888 ) 8,644 (888 ) Total RMBS securities — — 13,214 (1,045 ) 13,214 (1,045 ) Non-RMBS: U.S. agencies 1,692 — — — 1,692 — Municipal debt 3,000 (1 ) 12,998 (820 ) 15,998 (821 ) Asset-backed securities and structured notes 108,982 (202 ) 1,997 (24 ) 110,979 (226 ) Total Non-RMBS 113,674 (203 ) 14,995 (844 ) 128,669 (1,047 ) Total debt securities $ 113,674 $ (203 ) $ 28,209 $ (1,889 ) $ 141,883 $ (2,092 ) June 30, 2018 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 $ 12 $ (1 ) $ 6,825 $ (327 ) $ 6,837 $ (328 ) Non-agency 36 (1 ) 15,867 (2,056 ) 15,903 (2,057 ) Total RMBS securities 48 (2 ) 22,692 (2,383 ) 22,740 (2,385 ) Non-RMBS: Municipal debt 1,740 (17 ) 12,326 (726 ) 14,066 (743 ) Asset-backed securities and structured notes 9,489 (30 ) 6,163 (71 ) 15,652 (101 ) Total Non-RMBS 11,229 (47 ) 18,489 (797 ) 29,718 (844 ) Total debt securities $ 11,277 $ (49 ) $ 41,181 $ (3,180 ) $ 52,458 $ (3,229 )
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 Three Months Ended For the Nine Months Ended March 31, March 31, (Dollars in thousands) 2019 2018 2019 2018 Beginning balance $ — $ (110 ) $ — $ (15,528 ) Additions for the amounts related to the credit loss for which an other-than-temporary impairment was not previously recognized (821 ) — (821 ) (7 ) Increases to the amount related to the credit loss for which other-than-temporary impairment was previously recognized — — — (149 ) Credit losses realized for securities sold — 110 — 15,684 Ending balance $ (821 ) $ — $ (821 ) $ —
Schedule of Realized Gains and Losses on Available-for-sale Securities	The gross gains and losses realized through earnings upon the sale of available-for-sale securities were as follows: For the Three Months Ended For the Nine Months Ended March 31, March 31, (Dollars in thousands) 2019 2018 2019 2018 Proceeds $ — $ 3,969 $ 1,926 $ 44,013 Gross realized gains — 161 — 1,269 Gross realized losses — (262 ) (133 ) (1,569 ) Net realized gain (loss) on securities $ — $ (101 ) $ (133 ) $ (300 )
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) March 31, June 30, Available-for-sale debt securities—net unrealized gains (losses) $ 144 $ (692 ) Available-for-sale debt securities—non-credit related losses (845 ) — Subtotal (701 ) (692 ) Tax (expense) benefit 183 79 Net unrealized gain (loss) on investment securities in accumulated other comprehensive income (loss) $ (518 ) $ (613 )
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: March 31, 2019 Available for sale (Dollars in thousands) Amortized Cost Fair Value RMBS—U.S. agencies 1 : Due within one year $ 857 $ 844 Due one to five years 2,927 2,900 Due five to ten years 2,783 2,778 Due after ten years 3,548 3,548 Total RMBS—U.S. agencies 1 10,115 10,070 RMBS—Non-agency: Due within one year 1,980 1,906 Due one to five years 5,694 5,379 Due five to ten years 3,891 3,624 Due after ten years 2,345 2,213 Total RMBS—Non-agency 13,910 13,122 Non-RMBS: Due within one year 61,819 62,516 Due one to five years 107,217 107,657 Due five to ten years 15,377 15,014 Due after ten years 10,574 10,777 Total Non-RMBS 194,987 195,964 Total $ 219,012 $ 219,156 1

LOANS, LEASES & ALLOWANCE FOR_2

LOANS, LEASES & ALLOWANCE FOR LOAN AND LEASE LOSSES (Tables)	9 Months Ended
	Mar. 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) March 31, 2019 June 30, 2018 Single family real estate secured: Mortgage $ 4,315,545 $ 4,198,941 Home equity 3,511 2,306 Warehouse and other 1 716,048 412,085 Multifamily real estate secured 1,843,714 1,800,919 Commercial real estate secured 309,376 220,379 Auto and RV secured 272,301 213,522 Factoring 94,836 169,885 Commercial & Industrial 1,565,894 1,481,051 Other 58,986 18,598 Total gross loans and leases 9,180,211 8,517,686 Allowance for loan and lease losses (71,746 ) (49,151 ) Unaccreted discounts and loan and lease fees (10,012 ) (36,246 ) Total net loans and leases $ 9,098,453 $ 8,432,289 1 The balance of single family warehouse loans was $188,440 at March 31, 2019 and $175,508 at June 30, 2018
Schedule of Activity in the Allowance for Loan and Lease Losses by Portfolio Class	The following tables summarize activity in the allowance for loan and lease losses by portfolio classes for the periods indicated: For the Three Months Ended March 31, 2019 Single Family Real Estate Secured (Dollars in thousands) Mortgage Home Equity Warehouse & Other Multifamily Real Estate Secured Commercial Real Estate Secured Auto and RV Secured Factoring Commercial & Industrial Other Total Balance at January 1, 2019 $ 22,234 $ 15 $ 3,337 $ 4,833 $ 974 $ 4,013 $ 316 $ 15,069 $ 2,915 $ 53,706 Provision for loan and lease losses (1,169 ) 1 791 (407 ) 117 655 30 3,000 15,982 19,000 Charge-offs (59 ) — — — — (288 ) — — (714 ) (1,061 ) Recoveries — 3 — — — 42 — — 56 101 Balance at March 31, 2019 $ 21,006 $ 19 $ 4,128 $ 4,426 $ 1,091 $ 4,422 $ 346 $ 18,069 $ 18,239 $ 71,746 For the Three Months Ended March 31, 2018 Single Family Real Estate Secured (Dollars in thousands) Mortgage Home Equity Warehouse & Other Multifamily Real Estate Secured Commercial Real Estate Secured Auto and RV Secured Factoring Commercial & Industrial Other Total Balance at January 1, 2018 $ 19,721 $ 20 $ 2,496 $ 4,830 $ 805 $ 2,907 $ 481 $ 11,490 $ 2,856 $ 45,606 Provision for loan and lease losses 23 (8 ) (366 ) 266 96 368 19 2,376 14,126 16,900 Charge-offs (80 ) (1 ) — — — (253 ) — — (200 ) (534 ) Recoveries 2 4 — — — 34 — — 42 82 Balance at March 31, 2018 $ 19,666 $ 15 $ 2,130 $ 5,096 $ 901 $ 3,056 $ 500 $ 13,866 $ 16,824 $ 62,054 For the Nine Months Ended March 31, 2019 Single Family Real Estate Secured (Dollars in thousands) Mortgage Home Equity Warehouse & Other Multifamily Real Estate Secured Commercial Real Estate Secured Auto and RV Secured Factoring Commercial & Industrial Other Total Balance at July 1, 2018 $ 20,368 $ 14 $ 2,080 $ 5,010 $ 849 $ 3,178 $ 445 $ 16,238 $ 969 $ 49,151 Provision for loan and lease losses 1,042 (4 ) 2,048 (693 ) 242 1,947 (99 ) 2,980 17,087 24,550 Charge-offs (799 ) — — — — (832 ) — (1,149 ) (1,706 ) (4,486 ) Recoveries 395 9 — 109 — 129 — — 1,889 2,531 Balance at March 31, 2019 $ 21,006 $ 19 $ 4,128 $ 4,426 $ 1,091 $ 4,422 $ 346 $ 18,069 $ 18,239 $ 71,746 For the Nine Months Ended March 31, 2018 Single Family Real Estate Secured (Dollars in thousands) Mortgage Home Equity Warehouse & Other Multifamily Real Estate Secured Commercial Real Estate Secured Auto and RV Secured Factoring Commercial & Industrial Other Total Balance at July 1, 2017 $ 19,972 $ 19 $ 2,298 $ 4,638 $ 1,008 $ 2,379 $ 401 $ 9,881 $ 236 $ 40,832 Provision for loan and lease losses (136 ) (14 ) 119 458 (107 ) 1,097 99 3,985 16,399 21,900 Charge-offs (176 ) (1 ) (287 ) — — (592 ) — — (354 ) (1,410 ) Recoveries 6 11 — — — 172 — — 543 732 Balance at March 31, 2018 $ 19,666 $ 15 $ 2,130 $ 5,096 $ 901 $ 3,056 $ 500 $ 13,866 $ 16,824 $ 62,054
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: March 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 $ 4,878 $ 1,766 $ 3,112 $ 203 $ 3,315 $ — $ — Purchased 2,344 1,208 1,136 — 1,136 — — Auto and RV secured: In-house originated 535 343 192 6 198 — — With an allowance recorded: Single family real estate secured: Mortgage: In-house originated 37,926 242 37,684 545 38,229 351 — Purchased 1,528 17 1,511 97 1,608 18 — Auto and RV secured: In-house originated 100 — 100 1 101 8 — Other 798 — 798 — 798 274 — Total $ 48,109 $ 3,576 $ 44,533 $ 852 $ 45,385 $ 651 $ — As a % of total gross loans and leases 0.52 % 0.03 % 0.49 % 0.01 % 0.50 % 0.01 % — % June 30, 2018 (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 $ 1,584 $ 951 $ 633 $ 78 $ 711 $ — $ — Purchased 3,598 1,739 1,859 — 1,859 — — Multifamily real estate secured: Purchased 480 248 232 — 232 — — Auto and RV secured: In-house originated 369 309 60 2 62 — — With an allowance recorded: Single family real estate secured: Mortgage: In-house originated 24,607 47 24,560 — 24,560 247 — Purchased 1,394 — 1,394 21 1,415 14 — Home equity: In-house originated 16 — 16 — 16 1 — Commercial & Industrial 172 — 172 — 172 9 — Other 111 — 111 — 111 7 — Total $ 32,331 $ 3,294 $ 29,037 $ 101 $ 29,138 $ 278 $ — As a % of total gross loans and leases 0.38 % 0.04 % 0.34 % — % 0.34 % — % — % 1
Schedule of Balance in the Allowance for Loan and Lease Losses and Recorded Investments by Portfolio Segment	The following tables present the balance in the allowance for loan and lease losses and the recorded investment in loans and leases by portfolio segment and based on impairment evaluation method: March 31, 2019 Single Family Real Estate Secured (Dollars in thousands) Mortgage Home Warehouse and other Multifamily real estate secured Commercial real estate secured Auto and RV secured Factoring Commercial & Industrial Other Total Allowance for loan and lease losses: Ending allowance balance attributable to loans and leases: Individually evaluated for impairment – general allowance $ 369 $ — $ — $ — $ — $ 8 $ — $ — $ 274 $ 651 Individually evaluated for impairment – specific allowance — — — — — — — — — — Collectively evaluated for impairment 20,637 19 4,128 4,426 1,091 4,414 346 18,069 17,965 71,095 Total ending allowance balance $ 21,006 $ 19 $ 4,128 $ 4,426 $ 1,091 $ 4,422 $ 346 $ 18,069 $ 18,239 $ 71,746 Loans and leases: Loans and leases individually evaluated for impairment 1 $ 43,443 $ — $ — $ — $ — $ 292 $ — $ — $ 798 $ 44,533 Loans and leases collectively evaluated for impairment 4,272,102 3,511 716,048 1,843,714 309,376 272,009 94,836 1,565,894 58,188 9,135,678 Principal loan and lease balance 4,315,545 3,511 716,048 1,843,714 309,376 272,301 94,836 1,565,894 58,986 9,180,211 Unaccreted discounts and loan and lease fees 8,886 58 (1,475 ) 5,190 734 2,422 (22,435 ) (2,568 ) (824 ) (10,012 ) Total recorded investment in loans and leases $ 4,324,431 $ 3,569 $ 714,573 $ 1,848,904 $ 310,110 $ 274,723 $ 72,401 $ 1,563,326 $ 58,162 $ 9,170,199 1 Loans and leases evaluated for impairment include Troubled Debt Restructurings (“TDRs”) that have been performing for more than six months . June 30, 2018 Single Family Real Estate Secured (Dollars in thousands) Mortgage Home Warehouse and other Multifamily real estate secured Commercial real estate Auto and RV secured Factoring Commercial & Industrial Other Total Allowance for loan and lease losses: Ending allowance balance attributable to loans and leases: Individually evaluated for impairment – general allowance $ 261 $ 1 $ — $ — $ — $ — $ — $ 9 $ 7 $ 278 Individually evaluated for impairment – specific allowance — — — — — — — — — — Collectively evaluated for impairment 20,107 13 2,080 5,010 849 3,178 445 16,229 962 48,873 Total ending allowance balance $ 20,368 $ 14 $ 2,080 $ 5,010 $ 849 $ 3,178 $ 445 $ 16,238 $ 969 $ 49,151 Loans and leases: Loans and leases individually evaluated for impairment 1 $ 28,446 $ 16 $ — $ 232 $ — $ 60 $ — $ 172 $ 111 $ 29,037 Loans and leases collectively evaluated for impairment 4,170,495 2,290 412,085 1,800,687 220,379 213,462 169,885 1,480,879 18,487 8,488,649 Principal loan and lease balance 4,198,941 2,306 412,085 1,800,919 220,379 213,522 169,885 1,481,051 18,598 8,517,686 Unaccreted discounts and loan and lease fees 9,187 48 (706 ) 5,063 836 2,065 (48,039 ) (3,884 ) (816 ) (36,246 ) Total recorded investment in loans and leases $ 4,208,128 $ 2,354 $ 411,379 $ 1,805,982 $ 221,215 $ 215,587 $ 121,846 $ 1,477,167 $ 17,782 $ 8,481,440 1 Loans and leases evaluated for impairment include TDRs that have been performing for more than six months
Schedule of Nonaccrual Loans and Leases	Nonaccrual loans and leases consisted of the following as of the dates indicated: (Dollars in thousands) March 31, June 30, Single Family Real Estate Secured: Mortgage: In-house originated $ 40,795 $ 25,193 Purchased 2,648 3,253 Home Equity: In-house originated — 16 Multifamily Real Estate Secured: Purchased — 232 Total nonaccrual loans secured by real estate 43,443 28,694 Auto and RV Secured 292 60 Commercial & Industrial — 2,361 Other 798 111 Total nonaccrual loans and leases $ 44,533 $ 31,226 Nonaccrual loans and leases to total loans and leases 0.49 % 0.37 %
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: March 31, 2019 Single Family Real Estate Secured (Dollars in thousands) Mortgage Home Warehouse & other Multifamily real estate secured Commercial real estate secured Auto and RV secured Factoring Commercial & Industrial Other Total Performing $ 4,272,102 $ 3,511 $ 716,048 $ 1,843,714 $ 309,376 $ 272,009 $ 94,836 $ 1,565,894 $ 58,188 $ 9,135,678 Nonaccrual 43,443 — — — — 292 — — 798 44,533 Total $ 4,315,545 $ 3,511 $ 716,048 $ 1,843,714 $ 309,376 $ 272,301 $ 94,836 $ 1,565,894 $ 58,986 $ 9,180,211 June 30, 2018 Single Family Real Estate Secured (Dollars in thousands) Mortgage Home Warehouse & other Multifamily real estate secured Commercial real estate secured Auto and RV secured Factoring Commercial & Industrial Other Total Performing $ 4,170,495 $ 2,290 $ 412,085 $ 1,800,687 $ 220,379 $ 213,462 $ 169,885 $ 1,478,690 $ 18,487 $ 8,486,460 Nonaccrual 28,446 16 — 232 — 60 — 2,361 111 31,226 Total $ 4,198,941 $ 2,306 $ 412,085 $ 1,800,919 $ 220,379 $ 213,522 $ 169,885 $ 1,481,051 $ 18,598 $ 8,517,686
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: March 31, 2019 (Dollars in thousands) Pass Special Substandard Doubtful Total Single family real estate secured: Mortgage In-house originated $ 4,218,290 $ 11,007 $ 41,857 $ — $ 4,271,154 Purchased 41,575 168 2,648 — 44,391 Home equity In-house originated 3,511 — — — 3,511 Warehouse and other In-house originated 631,211 84,837 — — 716,048 Multifamily real estate secured In-house originated 1,782,566 2,538 — — 1,785,104 Purchased 57,662 — 948 — 58,610 Commercial real estate secured In-house originated 301,788 — — — 301,788 Purchased 7,588 — — — 7,588 Auto and RV secured In-house originated 271,920 52 329 — 272,301 Factoring 94,836 — — — 94,836 Commercial & Industrial 1,529,555 36,203 136 — 1,565,894 Other 55,704 2,463 819 — 58,986 Total $ 8,996,206 $ 137,268 $ 46,737 $ — $ 9,180,211 As a % of total gross loans and leases 98.0 % 1.5 % 0.5 % — % 100.0 % June 30, 2018 (Dollars in thousands) Pass Special Substandard Doubtful Total Single family real estate secured: Mortgage In-house originated $ 4,113,537 $ 19,403 $ 26,264 $ — $ 4,159,204 Purchased 36,024 461 3,252 — 39,737 Home equity In-house originated 2,290 — 16 — 2,306 Warehouse and other In-house originated 412,085 — — — 412,085 Multifamily real estate secured In-house originated 1,731,068 3,983 — — 1,735,051 Purchased 64,663 — 1,205 — 65,868 Commercial real estate secured In-house originated 212,235 — — — 212,235 Purchased 6,226 1,918 — — 8,144 Auto and RV secured In-house originated 213,455 — 67 — 213,522 Factoring 169,885 — — — 169,885 Commercial & Industrial 1,471,433 5,460 1,969 2,189 1,481,051 Other 18,369 118 111 — 18,598 Total $ 8,451,270 $ 31,343 $ 32,884 $ 2,189 $ 8,517,686 As a % of total gross loans and leases 99.2 % 0.4 % 0.4 % — % 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: March 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 $ 6,259 $ 3,048 $ 29,727 $ 39,034 Purchased 729 340 1,298 2,367 Home equity In-house originated 139 — — 139 Warehouse and other 12,655 — — 12,655 Multifamily real estate secured In-house originated — 458 1,130 1,588 Auto and RV secured 375 93 167 635 Commercial & Industrial 137 — — 137 Other 1,155 2,506 741 4,402 Total $ 21,449 $ 6,445 $ 33,063 $ 60,957 As a % of total gross loans and leases 0.23 % 0.07 % 0.36 % 0.66 % June 30, 2018 (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 $ 7,830 $ 3,240 $ 22,009 $ 33,079 Purchased 354 105 1,183 1,642 Home equity In-house originated — — 16 16 Multifamily real estate secured In-house originated 410 — — 410 Auto and RV secured In-house originated 284 22 9 315 Commercial & Industrial 300 — 2,362 2,662 Other 79 111 111 301 Total $ 9,257 $ 3,478 $ 25,690 $ 38,425 As a % of total gross loans and leases 0.11 % 0.04 % 0.30 % 0.45 %

OFFSETTING OF SECURITIES FINA_2

OFFSETTING OF SECURITIES FINANCING AGREEMENTS (Tables)	9 Months Ended
	Mar. 31, 2019
Offsetting [Abstract]
Schedule of Securities Financing Transactions	The following table presents information about the offsetting of these instruments and related collateral amounts as of March 31, 2019 : (Dollars in thousands) Gross Assets / Liabilities Amounts Offset Net Balance Sheet Amount Financial Collateral Net Assets / Liabilities Assets: Securities borrowed $ 127,167 $ — $ 127,167 $ (127,167 ) $ — Liabilities: Securities loaned $ 201,574 $ — $ 201,574 $ (201,574 ) $ —
Offsetting Assets [Table Text Block]	The following table presents information about the offsetting of these instruments and related collateral amounts as of March 31, 2019 : (Dollars in thousands) Gross Assets / Liabilities Amounts Offset Net Balance Sheet Amount Financial Collateral Net Assets / Liabilities Assets: Securities borrowed $ 127,167 $ — $ 127,167 $ (127,167 ) $ — Liabilities: Securities loaned $ 201,574 $ — $ 201,574 $ (201,574 ) $ —

CUSTOMER, BROKER-DEALER AND C_2

CUSTOMER, BROKER-DEALER AND CLEARING RECEIVABLES AND PAYABLES (Tables)	9 Months Ended
	Mar. 31, 2019
Brokers and Dealers [Abstract]
Schedule of Due to (from) Customer, Broker-Dealers and Clearing Organizations	roker-dealer and clearing receivables and payables consisted of the following at March 31, 2019 : (Dollars in thousands) March 31, 2019 Receivables: Customers $ 233,703 Broker-dealer and clearing organizations: Receivable from broker-dealers 1 12,730 Securities failed to deliver 5,714 Other 753 Total receivables $ 252,900 Payables: Customers $ 228,094 Broker-dealer and clearing organizations: Payable to broker-dealers 13,830 Securities failed to receive 3,284 Total payables $ 245,208

GOODWILL AND OTHER INTANGIBLE_2

GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)	9 Months Ended
	Mar. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Activity in the Company's Goodwill Balance	(Dollars in thousands) Total Balance at January 1, 2019 $ 35,721 Additions 34,933 Balance as of March 31, 2019 $ 70,654
Schedule of Company's Acquired Intangible Assets	The Company’s acquired intangible assets are summarized as follows as of the dates indicated: March 31, 2019 June 30, 2018 (Dollars in thousands) Gross Carrying Amount Accumulated Amortization Net Carrying Amount Gross Carrying Amount Accumulated Amortization Net Carrying Amount Covenant not to compete $ 930 $ 232 $ 698 $ 930 $ 58 $ 872 Customer relationships 31,310 1,233 30,077 9,820 243 9,577 Customer deposit intangible 13,545 821 12,724 — — — Developed technologies 23,056 1,326 21,730 21,680 326 21,354 Trade name 290 97 193 290 24 266 Total intangible assets $ 69,131 $ 3,709 $ 65,422 $ 32,720 $ 651 $ 32,069
Schedule of Weighted Average Useful Life of Acquired Intangible Assets	Weighted-Average Covenant not to compete 4 Customer relationships 13 Customer deposit intangible 10 Developed technologies 5 Trade name 3
Schedule of Estimated Future Amortization Expense of Acquired Intangible Assets	(Dollars in thousands) Amortization Expense For the fiscal year remainder: 2019 $ 1,751 2020 10,392 2021 9,795 2022 8,441 2023 8,020 Thereafter 27,023 Total $ 65,422

BORROWINGS, SUBORNIDATED NOTES

BORROWINGS, SUBORNIDATED NOTES AND DEBENTURES (Tables)	9 Months Ended
	Mar. 31, 2019
Debt Disclosure [Abstract]
Schedule of Borrowings, Subordinated Notes and Debentures	The following table sets forth the composition of the borrowings, subordinated notes and debentures as of the dates indicated: (Dollars in thousands) March 31, 2019 June 30, 2018 Borrowings from other banks $ 152,300 $ — Subordinated loans 7,500 — Subordinated notes 51,000 51,000 Subordinated debentures 5,155 5,155 Less unamortized issuance Costs 1,478 1,603 Total borrowings, subordinated notes and debentures $ 214,477 $ 54,552

EQUITY AND STOCK-BASED COMPEN_2

EQUITY AND STOCK-BASED COMPENSATION (Tables)	9 Months Ended
	Mar. 31, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of Unrecognized Compensation Expense Related to Non-vested Awards To be Recognized in the Future	At March 31, 2019 , unrecognized compensation expense related to non-vested awards aggregated to $46,013 and is expected to be recognized in future periods as follows: (Dollars in thousands) Stock Award Compensation Expense For the fiscal year remainder: 2019 $ 8,012 2020 18,299 2021 12,046 2022 5,051 2023 1,439 Thereafter 1,166 Total $ 46,013
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, 2017 1,240,322 $ 22.52 Granted 747,022 26.53 Vested (629,755 ) 22.55 Canceled (123,858 ) 23.38 Non-vested balance at June 30, 2018 1,233,731 $ 24.84 Granted 1,101,724 34.68 Vested (388,599 ) 24.20 Canceled (48,451 ) 29.14 Non-vested balance at March 31, 2019 1,898,405 $ 30.57

EARNINGS PER COMMON SHARE (Tabl

EARNINGS PER COMMON SHARE (Tables)	9 Months Ended
	Mar. 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 Nine Months Ended March 31, March 31, (Dollars in thousands, except per share data) 2019 2018 2019 2018 Earnings Per Common Share Net income $ 38,821 $ 51,253 $ 114,497 $ 115,294 Preferred stock dividends (77 ) (77 ) (232 ) (232 ) Net income attributable to common stockholders $ 38,744 $ 51,176 $ 114,265 $ 115,062 Average common shares outstanding 61,259,419 62,543,949 62,130,598 63,219,386 Average unvested RSUs (as revised for 2018) — 72,000 — 79,426 Total qualifying shares (as revised for 2018) 61,259,419 62,615,949 62,130,598 63,298,812 Earnings per common share (as revised for 2018) $ 0.63 $ 0.82 $ 1.84 $ 1.82 Diluted Earnings Per Common Share Dilutive net income attributable to common stockholders $ 38,744 $ 51,176 $ 114,265 $ 115,062 Average common shares issued and outstanding (as revised for 2018) 61,259,419 62,615,949 62,130,598 63,298,812 Dilutive effect of average unvested RSUs (as revised for 2018) 330,243 1,050,861 466,685 874,663 Total dilutive common shares outstanding (as revised for 2018) 61,589,662 63,666,810 62,597,283 64,173,475 Diluted earnings per common share (as revised for 2018) $ 0.63 $ 0.80 $ 1.83 $ 1.79

REGULATORY REQUIREMENTS (Tables

REGULATORY REQUIREMENTS (Tables)	9 Months Ended
	Mar. 31, 2019
Banking and Thrift [Abstract]
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations	At March 31, 2019 , the net capital position of Axos Clearing was as follows: (Dollars in thousands) Axos Clearing Net capital $ 22,381 Less: required net capital 4,622 Excess capital $ 17,759 Net capital as a percentage of aggregate debit items 9.68 % Net capital in excess of 5% aggregate debit items $ 10,825

SEGMENT REPORTING (Tables)

SEGMENT REPORTING (Tables)	9 Months Ended
	Mar. 31, 2019
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment	The following tables present the operating results of the segments: For the Three Months Ended March 31, 2019 (Dollars in thousands) Banking Business Securities Business Corporate/Eliminations Axos Consolidated Net interest income $ 127,072 $ 2,951 $ (854 ) $ 129,169 Provision for loan losses 19,000 — — 19,000 Non-interest income 21,027 5,071 — 26,098 Non-interest expense 52,224 23,102 6,489 81,815 Income before taxes $ 76,875 $ (15,080 ) $ (7,343 ) $ 54,452 For the Three Months Ended March 31, 2018 (Dollars in thousands) Banking Business Securities Business Corporate/Eliminations Axos Consolidated Net interest income $ 117,497 $ — $ (814 ) $ 116,683 Provision for loan losses 16,900 — — 16,900 Non-interest income 23,372 — 153 23,525 Non-interest expense 40,273 — 5,161 45,434 Income before taxes $ 83,696 $ — $ (5,822 ) $ 77,874 For the Nine Months Ended March 31, 2019 (Dollars in thousands) Banking Business Securities Business Corporate/Eliminations Axos Consolidated Net interest income $ 307,564 $ 2,951 $ (2,347 ) $ 308,168 Provision for loan losses 24,550 — — 24,550 Non-interest income 54,462 5,071 — 59,533 Non-interest expense 142,291 23,102 20,277 185,670 Income before taxes $ 195,185 $ (15,080 ) $ (22,624 ) $ 157,481 For the Nine Months Ended March 31, 2018 (Dollars in thousands) Banking Business Securities Business Corporate/Eliminations Axos Consolidated Net interest income $ 283,786 $ — $ (2,340 ) $ 281,446 Provision for loan losses 21,900 — — 21,900 Non-interest income 53,811 — 153 53,964 Non-interest expense 109,419 — 14,844 124,263 Income before taxes $ 206,278 $ — $ (17,031 ) $ 189,247

BASIS OF PRESENTATION - NARRATI

BASIS OF PRESENTATION - NARRATIVE (Details) - 9 months ended Mar. 31, 2019	segment	Total
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of operating segments	2	2

SIGNIFICANT ACCOUNTING POLICI_4

SIGNIFICANT ACCOUNTING POLICIES - NARRATIVE (Details)	9 Months Ended
	Mar. 31, 2019
H&R Block Bank Deposits | Emerald Advance
Business Acquisition [Line Items]
Interest income and fees retainer percentage	10.00%

SIGNIFICANT ACCOUNTING POLICI_5

SIGNIFICANT ACCOUNTING POLICIES - NON-INTEREST INCOME SEGREGATED BY REVENUE STREAMS (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Mar. 31, 2019	Mar. 31, 2018
Disaggregation of Revenue [Line Items]
Non-interest income (in-scope of Topic 606)	$ 4,659	$ 1,135	$ 14,468	$ 5,620
Non-interest income (out-of-scope of Topic 606)	21,439	22,390	45,065	48,344
Total non-interest income	26,098	23,525	59,533	53,964
Deposit service fees
Disaggregation of Revenue [Line Items]
Non-interest income (in-scope of Topic 606)	404	224	3,083	2,950
Card fees
Disaggregation of Revenue [Line Items]
Non-interest income (in-scope of Topic 606)	1,174	911	4,094	2,670
Broker-dealer clearing fees
Disaggregation of Revenue [Line Items]
Non-interest income (in-scope of Topic 606)	1,567	0	1,567	0
Bankruptcy trustee and fiduciary service fees
Disaggregation of Revenue [Line Items]
Non-interest income (in-scope of Topic 606)	$ 1,514	$ 0	$ 5,724	$ 0

SIGNIFICANT ACCOUNTING POLICI_6

SIGNIFICANT ACCOUNTING POLICIES - REVISIONS OF CALCULATIONS OF BASIC AND DILUTED EARNIGS PER COMMON SHARE (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Mar. 31, 2019	Mar. 31, 2018
Earnings Per Common Share
Net income attributable to common stockholders	$ 38,744	$ 51,176	$ 114,265	$ 115,062
Average common shares issued and outstanding (in shares)	61,259,419	62,543,949	62,130,598	63,219,386
Average unvested RSUs (in shares)	0	72,000	0	79,426
Total qualifying shares (in shares)	61,259,419	62,615,949	62,130,598	63,298,812
Basic earnings per common share (in dollars per share)	$ 0.63	$ 0.82	$ 1.84	$ 1.82
Diluted Earnings Per Common Share
Dilutive net income attributable to common stockholders	$ 38,744	$ 51,176	$ 114,265	$ 115,062
Average common shares issued and outstanding (in shares)	61,259,419	62,615,949	62,130,598	63,298,812
Total dilutive common shares outstanding (in shares)	61,589,662	63,666,810	62,597,283	64,173,475
Diluted earnings per common share (in dollars per share)	$ 0.63	$ 0.80	$ 1.83	$ 1.79
RSUs
Diluted Earnings Per Common Share
Dilutive effect of average unvested stock options and RSUs (in shares)	330,243	1,050,861	466,685	874,663
Previously Reported
Earnings Per Common Share
Net income attributable to common stockholders		$ 51,176		$ 115,062
Average common shares issued and outstanding (in shares)		62,543,949		63,219,386
Average unvested RSUs (in shares)		1,551,828		1,488,554
Total qualifying shares (in shares)		64,095,777		64,707,940
Basic earnings per common share (in dollars per share)		$ 0.80		$ 1.78
Diluted Earnings Per Common Share
Dilutive net income attributable to common stockholders		$ 51,176		$ 115,062
Average common shares issued and outstanding (in shares)		64,095,777		64,707,940
Total dilutive common shares outstanding (in shares)		64,095,777		64,707,940
Diluted earnings per common share (in dollars per share)		$ 0.80		$ 1.78
Previously Reported | RSUs
Diluted Earnings Per Common Share
Dilutive effect of average unvested stock options and RSUs (in shares)		0		0
Adjustment
Earnings Per Common Share
Net income attributable to common stockholders		$ 0		$ 0
Average common shares issued and outstanding (in shares)		0		0
Average unvested RSUs (in shares)		(1,479,828)		(1,409,128)
Total qualifying shares (in shares)		(1,479,828)		(1,409,128)
Basic earnings per common share (in dollars per share)		$ 0.02		$ 0.04
Diluted Earnings Per Common Share
Dilutive net income attributable to common stockholders		$ 0		$ 0
Average common shares issued and outstanding (in shares)		(1,479,828)		(1,409,128)
Total dilutive common shares outstanding (in shares)		(428,967)		(534,465)
Diluted earnings per common share (in dollars per share)		$ 0		$ 0.01
Adjustment | RSUs
Diluted Earnings Per Common Share
Dilutive effect of average unvested stock options and RSUs (in shares)		1,050,861		874,663

SIGNIFICANT ACCOUNTING POLICI_7

SIGNIFICANT ACCOUNTING POLICIES - REVISIONS OF CLASSIFICATIONS OF PROCEEDS OF LOANS HELD FOR SALE (Details) - USD ($) $ in Thousands	9 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Cash Flows From Operating Activities:
Proceeds from sale of loans held for sale	$ 1,227,360	$ 1,280,757
Other assets	(13,021)	(20,933)
Net cash provided by in operating activities	126,611	118,372
Cash Flows From Investing Activities:
Proceeds from sale of loans held for investment		206
Net cash used in investing activities	$ (663,826)	(603,677)
Previously Reported
Cash Flows From Operating Activities:
Proceeds from sale of loans held for sale		1,280,673
Other assets		(20,643)
Net cash provided by in operating activities		118,578
Cash Flows From Investing Activities:
Proceeds from sale of loans held for investment		0
Net cash used in investing activities		(603,883)
Adjustment | Immaterial Error Correction
Cash Flows From Operating Activities:
Proceeds from sale of loans held for sale		84
Other assets		(290)
Net cash provided by in operating activities		(206)
Cash Flows From Investing Activities:
Proceeds from sale of loans held for investment		206
Net cash used in investing activities		$ 206

ACQUISITIONS (Details)

ACQUISITIONS (Details) customer in Thousands, client in Thousands	Feb. 26, 2019USD ($)	Jan. 28, 2019USD ($)customerbroker-dealer	Nov. 16, 2018USD ($)	Mar. 31, 2019USD ($)	Sep. 30, 2018USD ($)	Mar. 31, 2019USD ($)acquisition	Jun. 30, 2018USD ($)acquisition	Jan. 01, 2019USD ($)	Oct. 24, 2018USD ($)client	Apr. 04, 2018USD ($)state
Business Acquisition [Line Items]
Number of business acquisitions | acquisition						2	1
Number of assets acquisitions | acquisition						2
Transaction costs		$ 400,000
Axos Clearing | Subsidiary | Axos Clearing, LLC and Axos Clarity MergeCo., Inc.
Business Acquisition [Line Items]
Number of introducing broker-dealers | broker-dealer		60
Number of customers | customer		90
WiseBanyan Holding | Subsidiary | Axos Clearing, LLC
Business Acquisition [Line Items]
Number of clients | client									24
Assets under management									$ 150,000,000
WiseBanyan Holding
Business Acquisition [Line Items]
Cash consideration	$ 3,200,000
Intangible assets acquired									$ 2,700,000
EPIC
Business Acquisition [Line Items]
Provisional resulting goodwill				$ 70,654,000		$ 70,654,000	$ 35,700,000	$ 35,721,000
Number of states in which the entity operates | state										50
Deposit accounts acquired										$ 0
Adjustment to goodwill					$ 2,000
Axos Clearing
Business Acquisition [Line Items]
Cash consideration		$ 80,292,000
Intangible assets acquired		20,120,000
Provisional resulting goodwill		34,933,000
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
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
Subordinated notes | Axos Clearing
Business Acquisition [Line Items]
Subordinated notes		$ 7,500,000
Subordinated notes maturity (in months)		15 months

ACQUISITIONS - FAIR VALUE OF AS

ACQUISITIONS - FAIR VALUE OF ASSETS ACQUIRED (Details) - Axos Clearing $ in Thousands	Jan. 28, 2019USD ($)
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	2,101
Securities borrowed	157,898
Customer, broker-dealer and clearing receivables	232,174
Other assets	5,564
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	2,185
Accounts payable and accrued liabilities	5,198
Total identifiable liabilities	535,634
Provisional resulting goodwill	34,933
Intangible assets	20,120
Total cash purchase price	80,292
Notes issued	$ 7,500

FAIR VALUE - NARRATIVE (Details

FAIR VALUE - NARRATIVE (Details) $ in Thousands	3 Months Ended	9 Months Ended
	Mar. 31, 2019USD ($)	Mar. 31, 2019USD ($)	Feb. 28, 2019	Jun. 30, 2018USD ($)	Oct. 31, 2009
Nonrecurring
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, carrying amount	$ 44,533	$ 44,533		$ 31,226
Related allowance on impaired loans	651	651
Other real estate owned and foreclosed assets, fair value	7,616	7,616		9,591
Nonrecurring | Level 3
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, carrying amount	44,533	44,533		31,226
Other real estate owned and foreclosed assets, fair value	$ 7,616	$ 7,616		$ 9,591
Non-agency | Level 3
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Unemployment rate			3.80%		10.00%
Non-agency | Discounted Cash Flow | Minimum | Projected Loss Severity | Level 3
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Available-for-sale securities, measurement input	0.400	0.400
Non-agency | Discounted Cash Flow | Minimum | Projected Constant Default Rate | Level 3
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Available-for-sale securities, measurement input	0.015	0.015
Non-agency | Discounted Cash Flow | Minimum | Discount Rate
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Available-for-sale securities, measurement input	2.71	2.71
Non-agency | Discounted Cash Flow | Maximum | Projected Loss Severity | Level 3
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Available-for-sale securities, measurement input	0.683	0.683
Non-agency | Discounted Cash Flow | Maximum | Projected Constant Default Rate | Level 3
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Available-for-sale securities, measurement input	0.160	0.160
Non-agency | Discounted Cash Flow | Maximum | Discount Rate
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Available-for-sale securities, measurement input	6.79	6.79
Nonperforming | Nonrecurring
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, charge-offs		$ 1,027
Impaired loans, life to date charge-offs	$ 2,591	2,591
Impaired loans, life to date payments applied to principal		985
Impaired loans, life to date principal balance adjustments for allowance write-downs		$ 3,576
Other real estate owned | Nonrecurring
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, charge-offs	$ 987

FAIR VALUE - ASSETS AND LIABILI

FAIR VALUE - ASSETS AND LIABILITIES MEASURED ON RECURRING BASIS (Details) - USD ($) $ in Thousands		Mar. 31, 2019	Jun. 30, 2018
ASSETS:
Loans held for sale, at fair value		$ 15,714	$ 35,077
Quoted Prices in Active Markets for Identical Assets (Level 1)
ASSETS:
Loans held for sale, at fair value		0	0
Mortgage servicing rights		0	0
Significant Other Observable Inputs (Level 2)
ASSETS:
Loans held for sale, at fair value		15,714	35,077
Mortgage servicing rights		0	0
Significant Unobservable Inputs (Level 3)
ASSETS:
Loans held for sale, at fair value		0	0
Mortgage servicing rights		10,355	10,752
Recurring
ASSETS:
Securities available-for-sale		219,156	180,305
Loans held for sale, at fair value		15,714	35,077
Mortgage servicing rights		10,355	10,752
Other assets—Derivative instruments		838	1,321
Financial liabilities:
Other liabilities—Derivative instruments		216	368
Recurring | Agency Debt
ASSETS:
Securities available-for-sale	[1]	1,692
Recurring | Agency RMBS
ASSETS:
Securities available-for-sale	[1]	10,070	12,926
Recurring | Non-Agency RMBS
ASSETS:
Securities available-for-sale	[2]	13,122	17,443
Recurring | Municipal
ASSETS:
Securities available-for-sale		29,804	20,212
Recurring | Asset-backed securities and structured notes
ASSETS:
Securities available-for-sale		164,468	129,724
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	[1]	0
Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Agency RMBS
ASSETS:
Securities available-for-sale	[1]	0	0
Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Non-Agency RMBS
ASSETS:
Securities available-for-sale	[2]	0	0
Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Municipal
ASSETS:
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		206,034	162,862
Loans held for sale, at fair value		15,714	35,077
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	[1]	1,692
Recurring | Significant Other Observable Inputs (Level 2) | Agency RMBS
ASSETS:
Securities available-for-sale	[1]	10,070	12,926
Recurring | Significant Other Observable Inputs (Level 2) | Non-Agency RMBS
ASSETS:
Securities available-for-sale	[2]	0	0
Recurring | Significant Other Observable Inputs (Level 2) | Municipal
ASSETS:
Securities available-for-sale		29,804	20,212
Recurring | Significant Other Observable Inputs (Level 2) | Asset-backed securities and structured notes
ASSETS:
Securities available-for-sale		164,468	129,724
Recurring | Significant Unobservable Inputs (Level 3)
ASSETS:
Securities available-for-sale		13,122	17,443
Loans held for sale, at fair value		0	0
Mortgage servicing rights		10,355	10,752
Other assets—Derivative instruments		838	1,321
Financial liabilities:
Other liabilities—Derivative instruments		216	368
Recurring | Significant Unobservable Inputs (Level 3) | Agency Debt
ASSETS:
Securities available-for-sale	[1]	0
Recurring | Significant Unobservable Inputs (Level 3) | Agency RMBS
ASSETS:
Securities available-for-sale	[1]	0	0
Recurring | Significant Unobservable Inputs (Level 3) | Non-Agency RMBS
ASSETS:
Securities available-for-sale	[2]	13,122	17,443
Recurring | Significant Unobservable Inputs (Level 3) | Municipal
ASSETS:
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.

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		9 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Mar. 31, 2019	Mar. 31, 2018
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Opening Balance	$ 26,105	$ 35,075	$ 29,148	$ 88,056
Transfers into Level 3	0	0	0	0
Transfers out of Level 3	0	0	0	0
Total gains or losses for the period - Included in other comprehensive income	(108)	(960)	442	(2,114)
Purchases, originations, issues, sales and settlements:
Purchases/originations	339	595	1,656	2,840
Issues	0	0	0	0
Sales	0	(4,068)	(2,058)	(52,876)
Settlements	(370)	(2,032)	(1,751)	(7,036)
Other-than-temporary impairment	(821)	0	(821)	(156)
Closing balance	24,099	29,296	24,099	29,296
Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period	(1,046)	686	(2,517)	300
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	(101)	(133)	(18)
Included in earnings—Fair value gain (loss) on trading securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Total gains or losses for the period - Included in earnings	0	0	0	0
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	(1,046)	787	(2,384)	600
Securities – Trading: Collateralized Debt Obligations
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Opening Balance		0		8,327
Transfers into Level 3		0		0
Transfers out of Level 3		0		0
Total gains or losses for the period - Included in other comprehensive income		0		0
Purchases, originations, issues, sales and settlements:
Purchases/originations		0		0
Issues		0		0
Sales		0		(8,609)
Settlements		0		0
Other-than-temporary impairment		0		0
Closing balance		0		0
Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period		0		0
Securities – Trading: Collateralized Debt Obligations | 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		282
Securities – Trading: Collateralized Debt Obligations | Included in earnings—Fair value gain (loss) on trading securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Total gains or losses for the period - Included in earnings		0		0
Securities – Trading: Collateralized Debt Obligations | 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
Non-Agency RMBS
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Opening Balance	14,421	24,791	17,443	71,503
Transfers into Level 3	0	0	0	0
Transfers out of Level 3	0	0	0	0
Total gains or losses for the period - Included in other comprehensive income	(108)	(960)	442	(2,114)
Purchases, originations, issues, sales and settlements:
Purchases/originations	0	0	0	0
Issues	0	0	0	0
Sales	0	(4,068)	(2,058)	(44,267)
Settlements	(370)	(2,032)	(1,751)	(7,036)
Other-than-temporary impairment	(821)	0	(821)	(156)
Closing balance	13,122	17,630	13,122	17,630
Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period	0	(101)	(133)	(300)
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	0	(101)	(133)	(300)
Non-Agency RMBS | Included in earnings—Fair value gain (loss) on trading securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Total gains or losses for the period - Included in earnings	0	0	0	0
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	11,215	9,066	10,752	7,200
Transfers into Level 3	0	0	0	0
Transfers out of Level 3	0	0	0	0
Total gains or losses for the period - Included in other comprehensive income	0	0	0	0
Purchases, originations, issues, sales and settlements:
Purchases/originations	339	595	1,656	2,840
Issues	0	0	0	0
Sales	0	0	0	0
Settlements	0	0	0	0
Other-than-temporary impairment	0	0	0	0
Closing balance	10,355	10,228	10,355	10,228
Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period	(1,199)	567	(2,053)	188
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	0	0	0
Mortgage Servicing Rights | Included in earnings—Fair value gain (loss) on trading securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Total gains or losses for the period - Included in earnings	0	0	0	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	(1,199)	567	(2,053)	188
Derivative Instruments, net
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Opening Balance	469	1,218	953	1,026
Transfers into Level 3	0	0	0	0
Transfers out of Level 3	0	0	0	0
Total gains or losses for the period - Included in other comprehensive income	0	0	0	0
Purchases, originations, issues, sales and settlements:
Purchases/originations	0	0	0	0
Issues	0	0	0	0
Sales	0	0	0	0
Settlements	0	0	0	0
Other-than-temporary impairment	0	0	0	0
Closing balance	622	1,438	622	1,438
Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period	153	220	(331)	412
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	0	0	0
Derivative Instruments, net | Included in earnings—Fair value gain (loss) on trading securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Total gains or losses for the period - Included in earnings	0	0	0	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	$ 153	$ 220	$ (331)	$ 412

FAIR VALUE - QUANTITATIVE INFOR

FAIR VALUE - QUANTITATIVE INFORMATION ABOUT LEVEL 3 FAIR VALUE MEASURMENTS (RECURRING) (Details) $ in Thousands		Mar. 31, 2019USD ($)Y	Jun. 30, 2018USD ($)Y
Non-Agency RMBS | Discount Rate | Minimum | Discounted Cash Flow
Fair Value, Option, Quantitative Disclosures [Line Items]
Securities available-for-sale, measurement input		2.71
Non-Agency RMBS | Discount Rate | Maximum | Discounted Cash Flow
Fair Value, Option, Quantitative Disclosures [Line Items]
Securities available-for-sale, measurement input		6.79
Level 3
Fair Value, Option, Quantitative Disclosures [Line Items]
Mortgage servicing rights		$ 10,355	$ 10,752
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
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		0.160
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
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
Recurring
Fair Value, Option, Quantitative Disclosures [Line Items]
Securities – Non-agency RMBS		$ 219,156	180,305
Mortgage servicing rights		10,355	10,752
Recurring | Non-Agency RMBS
Fair Value, Option, Quantitative Disclosures [Line Items]
Securities – Non-agency RMBS	[1]	13,122	17,443
Recurring | Level 3
Fair Value, Option, Quantitative Disclosures [Line Items]
Securities – Non-agency RMBS		13,122	17,443
Mortgage servicing rights		10,355	10,752
Recurring | Level 3 | Non-Agency RMBS
Fair Value, Option, Quantitative Disclosures [Line Items]
Securities – Non-agency RMBS	[1]	13,122	17,443
Recurring | Level 3 | Non-Agency RMBS | Discounted Cash Flow
Fair Value, Option, Quantitative Disclosures [Line Items]
Securities – Non-agency RMBS		$ 13,122	$ 17,443
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	0.025
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		0.199	0.258
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		0.120	0.141
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		0.160	0.106
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		0.071	0.051
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	0.680
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		0.591	0.589
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		0.068	0.071
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		0.041	0.042
Recurring | Level 3 | Mortgage Servicing Rights | Discounted Cash Flow
Fair Value, Option, Quantitative Disclosures [Line Items]
Mortgage servicing rights		$ 10,355	$ 10,752
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		0.057	0.060
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		0.384	0.266
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		0.095	0.091
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	0.099
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		2	2.4
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		9.6	9.5
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		6.7	6.9
Recurring | Level 3 | Derivative Instruments, net | Sales Comparison Approach
Fair Value, Option, Quantitative Disclosures [Line Items]
Derivative Instruments		$ 622	$ 953
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		0.002	0.001
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		0.007	0.004
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	0.003
[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	Mar. 31, 2019	Jun. 30, 2018
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	$ 44,533	$ 31,226
Other real estate owned and foreclosed assets, fair value	7,616	9,591
Mortgage
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	43,443	28,446
Home equity
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value		16
Multifamily real estate secured
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value		232
Auto and RV secured
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	292	60
Commercial & Industrial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value		2,361
Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	798	111
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	7,470	9,385
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	146	206
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) | Home equity
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) | Multifamily 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) | Commercial & Industrial
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) | 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) | Home equity
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value		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
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) | Commercial & Industrial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value		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	44,533	31,226
Other real estate owned and foreclosed assets, fair value	7,616	9,591
Significant Unobservable Inputs (Level 3) | Mortgage
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	43,443	28,446
Significant Unobservable Inputs (Level 3) | Home equity
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value		16
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		232
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	292	60
Significant Unobservable Inputs (Level 3) | Commercial & Industrial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value		2,361
Significant Unobservable Inputs (Level 3) | Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, fair value	798	111
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	7,470	9,385
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	$ 146	$ 206

FAIR VALUE - LOANS HELD-FOR-SAL

FAIR VALUE - LOANS HELD-FOR-SALE (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Mar. 31, 2019	Mar. 31, 2018	Jun. 30, 2018
Fair Value Disclosures [Abstract]
Aggregate fair value	$ 15,714		$ 15,714		$ 35,077
Contractual balance	15,286		15,286		34,415
Gain	428		428		$ 662
Interest income	258	$ 213	824	$ 584
Change in fair value	134	275	(577)	558
Total	$ 392	$ 488	$ 247	$ 1,142

FAIR VALUE - QUANTITATIVE INF_2

FAIR VALUE - QUANTITATIVE INFORMATION ABOUT LEVEL 3 FAIR VALUE MEASURMENTS (NONRECURRING) (Details) - Nonrecurring $ in Thousands		Mar. 31, 2019USD ($)	Jun. 30, 2018USD ($)
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, fair value		$ 44,533	$ 31,226
Other real estate owned and foreclosed assets, fair value		7,616	9,591
Mortgage
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, fair value		43,443	28,446
Home equity
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, fair value			16
Multifamily real estate secured
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, fair value			232
Auto and RV secured
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, fair value		292	60
Commercial & Industrial
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, fair value			2,361
Other
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, fair value		798	111
Single family real estate
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Other real estate owned and foreclosed assets, fair value		7,470	9,385
Autos and RVs
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Other real estate owned and foreclosed assets, fair value		146	206
Level 3
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, fair value		44,533	31,226
Other real estate owned and foreclosed assets, fair value		7,616	9,591
Level 3 | Mortgage
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, fair value		43,443	28,446
Level 3 | Mortgage | Sales Comparison Approach
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, fair value		$ 43,443	$ 28,446
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]	(0.514)	(0.488)
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]	0.800	0.667
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]	0.022	0.023
Level 3 | Home equity
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, fair value			$ 16
Level 3 | Home equity | Sales Comparison Approach
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, fair value			$ 16
Level 3 | Home equity | 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
Level 3 | Home equity | Sales Comparison Approach | Adjustment for differences between the comparable sales | Maximum
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, measurement input	[1]		0.149
Level 3 | Home equity | 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]		0.074
Level 3 | Multifamily real estate secured
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, fair value			$ 232
Level 3 | Multifamily real estate secured | Sales comparison approach and income approach
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, fair value			$ 232
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]		(0.155)
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]		0.464
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]		0.154
Level 3 | Auto and RV secured
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, fair value		$ 292	$ 60
Level 3 | Auto and RV secured | Sales Comparison Approach
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, fair value		$ 292	$ 60
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]	(0.367)	(0.020)
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]	0.389	0.715
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]	0.025	0.240
Level 3 | Commercial & Industrial
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, fair value			$ 2,361
Level 3 | Commercial & Industrial | Sales Comparison Approach
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, fair value			$ 2,361
Level 3 | Commercial & Industrial | Sales Comparison Approach | Adjustment for differences between the comparable sales | Minimum
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, measurement input	[1]		(0.338)
Level 3 | Commercial & Industrial | 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
Level 3 | Commercial & Industrial | 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]		(0.169)
Level 3 | Other
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, fair value		$ 798	$ 111
Level 3 | Other | Discounted Cash Flow
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, fair value		$ 798	$ 111
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]	(0.017)	(0.010)
Level 3 | Other | Discounted Cash Flow | Discount Rate | Maximum
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, measurement input	[1]	0.016	0.025
Level 3 | Other | Discounted Cash Flow | Discount Rate | Weighted Average
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Impaired loans, measurement input	[1]	(0.001)	0.008
Level 3 | Single family real estate
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Other real estate owned and foreclosed assets, fair value		$ 7,470	$ 9,385
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		$ 7,470	$ 9,385
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]	(0.463)	(0.141)
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]	0.530	0.273
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]	0.063	0.005
Level 3 | Autos and RVs
Fair Value Inputs, Equity, Quantitative Information [Line Items]
Other real estate owned and foreclosed assets, fair value		$ 146	$ 206
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		$ 146	$ 206
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]	(0.077)	(0.339)
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]	0.563	0.605
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]	0.101	0.079
[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	Mar. 31, 2019	Jun. 30, 2018
Financial assets:
Available-for-sale	$ 219,156	$ 180,305
Loans held for sale, at fair value	15,714	35,077
Loans held for sale, lower of cost or fair value	3,267	2,686
Securities borrowed	127,167	0
Financial liabilities:
Securities loaned	201,574	0
Carrying Amount
Financial assets:
Cash and cash equivalents	763,339	622,850
Available-for-sale	219,156	180,305
Loans held for sale, at fair value	15,714	35,077
Loans held for sale, lower of cost or fair value	3,267	2,686
Loans and leases held for investment—net	9,098,453	8,432,289
Accrued interest receivable	38,996	26,729
Mortgage servicing rights	10,355	10,752
Securities borrowed	127,167
Customer, broker-dealer and clearing receivables	252,900
Financial liabilities:
Total deposits	8,655,455	7,985,350
Advances from the Federal Home Loan Bank	443,500	457,000
Borrowings, subordinated notes and debentures	214,477	54,552
Accrued interest payable	3,080	1,753
Securities loaned	201,574
Customer, broker-dealer and clearing payables	245,208
Total Fair Value
Financial assets:
Cash and cash equivalents	763,339	622,850
Available-for-sale	219,156	180,305
Loans held for sale, at fair value	15,714	35,077
Loans held for sale, lower of cost or fair value	3,913	2,734
Loans and leases held for investment—net	9,265,296	8,466,494
Accrued interest receivable	38,996	26,729
Mortgage servicing rights	10,355	10,752
Securities borrowed	127,269
Customer, broker-dealer and clearing receivables	254,822
Financial liabilities:
Total deposits	8,203,638	7,584,928
Advances from the Federal Home Loan Bank	443,911	453,326
Borrowings, subordinated notes and debentures	213,271	51,693
Accrued interest payable	3,080	1,753
Securities loaned	201,473
Customer, broker-dealer and clearing payables	211,586
Level 1
Financial assets:
Cash and cash equivalents	763,339	622,850
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
Accrued interest receivable	0	0
Mortgage servicing rights	0	0
Securities borrowed	0
Customer, broker-dealer and clearing receivables	0
Financial liabilities:
Total deposits	0	0
Advances from the Federal Home Loan Bank	0	0
Borrowings, subordinated notes and debentures	0	0
Accrued interest payable	0	0
Securities loaned	0
Customer, broker-dealer and clearing payables	0
Level 2
Financial assets:
Cash and cash equivalents	0	0
Available-for-sale	206,034	162,862
Loans held for sale, at fair value	15,714	35,077
Loans held for sale, lower of cost or fair value	0	0
Loans and leases held for investment—net	0	0
Accrued interest receivable	0	0
Mortgage servicing rights	0	0
Securities borrowed	0
Customer, broker-dealer and clearing receivables	0
Financial liabilities:
Total deposits	8,203,638	7,584,928
Advances from the Federal Home Loan Bank	443,911	453,326
Borrowings, subordinated notes and debentures	213,271	51,693
Accrued interest payable	3,080	1,753
Securities loaned	0
Customer, broker-dealer and clearing payables	0
Level 3
Financial assets:
Cash and cash equivalents	0	0
Available-for-sale	13,122	17,443
Loans held for sale, at fair value	0	0
Loans held for sale, lower of cost or fair value	3,913	2,734
Loans and leases held for investment—net	9,265,296	8,466,494
Accrued interest receivable	38,996	26,729
Mortgage servicing rights	10,355	10,752
Securities borrowed	127,269
Customer, broker-dealer and clearing receivables	254,822
Financial liabilities:
Total deposits	0	0
Advances from the Federal Home Loan Bank	0	0
Borrowings, subordinated notes and debentures	0	0
Accrued interest payable	0	$ 0
Securities loaned	201,473
Customer, broker-dealer and clearing payables	$ 211,586

SECURITIES - AMORTIZED COST, CA

SECURITIES - AMORTIZED COST, CARRYING AMOUNT AND FAIR VALUE DISCLOSURES (Details) - USD ($) $ in Thousands		Mar. 31, 2019		Jun. 30, 2018
Debt Securities, Available-for-sale [Line Items]
Amortized Cost		$ 219,012		$ 180,997
Unrealized Gains		2,236		2,537
Unrealized Losses		(2,092)		(3,229)
Fair Value		219,156		180,305
Total RMBS securities
Debt Securities, Available-for-sale [Line Items]
Amortized Cost		24,025		32,486
Unrealized Gains		212		268
Unrealized Losses		(1,045)		(2,385)
Fair Value		23,192		30,369
U.S. agencies
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	[1]	10,115		13,102
Unrealized Gains	[1]	112		152
Unrealized Losses	[1]	(157)		(328)
Fair Value	[1]	10,070	[2]	12,926
Non-agency
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	[3]	13,910		19,384
Unrealized Gains	[3]	100		116
Unrealized Losses	[3]	(888)		(2,057)
Fair Value	[3]	13,122		17,443
Total Non-RMBS
Debt Securities, Available-for-sale [Line Items]
Amortized Cost		194,987		148,511
Unrealized Gains		2,024		2,269
Unrealized Losses		(1,047)		(844)
Fair Value		195,964		149,936
U.S. agencies
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	[1]	1,692
Unrealized Gains	[1]	0
Unrealized Losses	[1]	0
Fair Value	[1]	1,692
Municipal debt
Debt Securities, Available-for-sale [Line Items]
Amortized Cost		29,965		20,953
Unrealized Gains		660		2
Unrealized Losses		(821)		(743)
Fair Value		29,804		20,212
Asset-backed securities and structured notes
Debt Securities, Available-for-sale [Line Items]
Amortized Cost		163,330		127,558
Unrealized Gains		1,364		2,267
Unrealized Losses		(226)		(101)
Fair Value		$ 164,468		$ 129,724
[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) $ in Thousands		3 Months Ended		9 Months Ended
		Mar. 31, 2019USD ($)security	Mar. 31, 2018USD ($)	Mar. 31, 2019USD ($)security	Mar. 31, 2018USD ($)	Dec. 31, 2018USD ($)	Jun. 30, 2018USD ($)security	Dec. 31, 2017USD ($)	Jun. 30, 2017USD ($)
Debt Securities, Available-for-sale [Line Items]
Available-for-sale		$ 219,156		$ 219,156			$ 180,305
Number of available-for-sale securities in continuous loss position for a period of more than 12 months | security		23		23			26
Number of available-for-sale securities in continuous loss position for a period of less than 12 months | security		6		6			11
Credit losses recognized in earnings		$ 821	$ 0	$ 821	$ 0	$ 0	$ 0	$ 110	$ 15,528
Proceeds from sale of trading securities					8,700
Realized gain on sale of trading securities					282
Number of available-for-sale securities sold | security				1
Carrying value of available-for-sale securities sold		2,059		$ 2,059
Loss on sale of available-for-sale securities		0	$ 262	133	$ 1,569
Asset Pledged as Collateral
Debt Securities, Available-for-sale [Line Items]
Available-for-sale securities pledged as collateral		3,694		3,694			2,540
Non-agency
Debt Securities, Available-for-sale [Line Items]
Available-for-sale	[1]	13,122		13,122			$ 17,443
Carrying amount of securities with cumulative credit losses		3,143		3,143
Credit losses recognized in earnings		$ 821		$ 821
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	Mar. 31, 2019	Jun. 30, 2018
Debt Securities, Available-for-sale [Line Items]
Available-for-sale securities in loss position for less than 12 Months, Fair Value	$ 113,674	$ 11,277
Available-for-sale securities in loss position for less than 12 Months, Gross Unrealized Losses	(203)	(49)
Available-for-sale securities in loss position for more than 12 Months, Fair Value	28,209	41,181
Available-for-sale securities in loss position for more than 12 Months, Fair Value	(1,889)	(3,180)
Available-for-sale securities, Fair Value	141,883	52,458
Available-for-sale securities, Gross Unrealized Losses	(2,092)	(3,229)
Total RMBS securities
Debt Securities, Available-for-sale [Line Items]
Available-for-sale securities in loss position for less than 12 Months, Fair Value	0	48
Available-for-sale securities in loss position for less than 12 Months, Gross Unrealized Losses	0	(2)
Available-for-sale securities in loss position for more than 12 Months, Fair Value	13,214	22,692
Available-for-sale securities in loss position for more than 12 Months, Fair Value	(1,045)	(2,383)
Available-for-sale securities, Fair Value	13,214	22,740
Available-for-sale securities, Gross Unrealized Losses	(1,045)	(2,385)
U.S. agencies
Debt Securities, Available-for-sale [Line Items]
Available-for-sale securities in loss position for less than 12 Months, Fair Value	0	12
Available-for-sale securities in loss position for less than 12 Months, Gross Unrealized Losses	0	(1)
Available-for-sale securities in loss position for more than 12 Months, Fair Value	4,570	6,825
Available-for-sale securities in loss position for more than 12 Months, Fair Value	(157)	(327)
Available-for-sale securities, Fair Value	4,570	6,837
Available-for-sale securities, Gross Unrealized Losses	(157)	(328)
Non-agency
Debt Securities, Available-for-sale [Line Items]
Available-for-sale securities in loss position for less than 12 Months, Fair Value	0	36
Available-for-sale securities in loss position for less than 12 Months, Gross Unrealized Losses	0	(1)
Available-for-sale securities in loss position for more than 12 Months, Fair Value	8,644	15,867
Available-for-sale securities in loss position for more than 12 Months, Fair Value	(888)	(2,056)
Available-for-sale securities, Fair Value	8,644	15,903
Available-for-sale securities, Gross Unrealized Losses	(888)	(2,057)
Total Non-RMBS
Debt Securities, Available-for-sale [Line Items]
Available-for-sale securities in loss position for less than 12 Months, Fair Value	113,674	11,229
Available-for-sale securities in loss position for less than 12 Months, Gross Unrealized Losses	(203)	(47)
Available-for-sale securities in loss position for more than 12 Months, Fair Value	14,995	18,489
Available-for-sale securities in loss position for more than 12 Months, Fair Value	(844)	(797)
Available-for-sale securities, Fair Value	128,669	29,718
Available-for-sale securities, Gross Unrealized Losses	(1,047)	(844)
U.S. agencies
Debt Securities, Available-for-sale [Line Items]
Available-for-sale securities in loss position for less than 12 Months, Fair Value	1,692
Available-for-sale securities in loss position for less than 12 Months, Gross Unrealized Losses	0
Available-for-sale securities in loss position for more than 12 Months, Fair Value	0
Available-for-sale securities in loss position for more than 12 Months, Fair Value	0
Available-for-sale securities, Fair Value	1,692
Available-for-sale securities, Gross Unrealized Losses	0
Municipal debt
Debt Securities, Available-for-sale [Line Items]
Available-for-sale securities in loss position for less than 12 Months, Fair Value	3,000	1,740
Available-for-sale securities in loss position for less than 12 Months, Gross Unrealized Losses	(1)	(17)
Available-for-sale securities in loss position for more than 12 Months, Fair Value	12,998	12,326
Available-for-sale securities in loss position for more than 12 Months, Fair Value	(820)	(726)
Available-for-sale securities, Fair Value	15,998	14,066
Available-for-sale securities, Gross Unrealized Losses	(821)	(743)
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	108,982	9,489
Available-for-sale securities in loss position for less than 12 Months, Gross Unrealized Losses	(202)	(30)
Available-for-sale securities in loss position for more than 12 Months, Fair Value	1,997	6,163
Available-for-sale securities in loss position for more than 12 Months, Fair Value	(24)	(71)
Available-for-sale securities, Fair Value	110,979	15,652
Available-for-sale securities, Gross Unrealized Losses	$ (226)	$ (101)

SECURITIES - OTHER THAN TEMPORA

SECURITIES - OTHER THAN TEMPORARY IMPAIRMENT, CREDIT LOSSES RECOGNIZED IN EARNINGS (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Mar. 31, 2019	Mar. 31, 2018
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Roll Forward]
Beginning balance	$ 0	$ (110)	$ 0	$ (15,528)
Additions for the amounts related to the credit loss for which an other-than-temporary impairment was not previously recognized	(821)	0	(821)	(7)
Increases to the amount related to the credit loss for which other-than-temporary impairment was previously recognized	0	0	0	(149)
Credit losses realized for securities sold	0	110	0	15,684
Ending balance	$ (821)	$ 0	$ (821)	$ 0

SECURITIES - REALIZED GAIN (LOS

SECURITIES - REALIZED GAIN (LOSS) ON SALE OF SECURITIES (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Mar. 31, 2019	Mar. 31, 2018
Investments, Debt and Equity Securities [Abstract]
Proceeds	$ 0	$ 3,969	$ 1,926	$ 44,013
Gross realized gains	0	161	0	1,269
Gross realized losses	0	(262)	(133)	(1,569)
Net realized gain (loss) on securities	$ 0	$ (101)	$ (133)	$ (300)

SECURITIES - UNREALIZED GAIN (L

SECURITIES - UNREALIZED GAIN (LOSS) ON INVESTMENTS (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Jun. 30, 2018
Investments, Debt and Equity Securities [Abstract]
Available-for-sale debt securities—net unrealized gains (losses)	$ 144	$ (692)
Available-for-sale debt securities—non-credit related losses	(845)	0
Subtotal	(701)	(692)
Tax (expense) benefit	183	79
Net unrealized gain (loss) on investment securities in accumulated other comprehensive income (loss)	$ (518)	$ (613)

SECURITIES - INVESTMENTS CLASSI

SECURITIES - INVESTMENTS CLASSIFIED BY CONTRACTUAL MATURITY DATE (Details) - USD ($) $ in Thousands		Mar. 31, 2019		Jun. 30, 2018
Available-for-sale, Amortized Cost:
Available-for-sale, Amortized Cost		$ 219,012
Available-for-sale, Fair Value:
Available-for-sale, Fair Value		219,156		$ 180,305
U.S. agencies
Available-for-sale, Amortized Cost:
Due within one year	[1]	857
Due one to five years	[1]	2,927
Due five to ten years	[1]	2,783
Due after ten years	[1]	3,548
Available-for-sale, Amortized Cost	[1]	10,115
Available-for-sale, Fair Value:
Due within one year	[1]	844
Due one to five years	[1]	2,900
Due five to ten years	[1]	2,778
Due after ten years	[1]	3,548
Available-for-sale, Fair Value	[2]	10,070	[1]	12,926
Non-agency
Available-for-sale, Amortized Cost:
Due within one year		1,980
Due one to five years		5,694
Due five to ten years		3,891
Due after ten years		2,345
Available-for-sale, Amortized Cost		13,910
Available-for-sale, Fair Value:
Due within one year		1,906
Due one to five years		5,379
Due five to ten years		3,624
Due after ten years		2,213
Available-for-sale, Fair Value	[3]	13,122		17,443
Total Non-RMBS
Available-for-sale, Amortized Cost:
Due within one year		61,819
Due one to five years		107,217
Due five to ten years		15,377
Due after ten years		10,574
Available-for-sale, Amortized Cost		194,987
Available-for-sale, Fair Value:
Due within one year		62,516
Due one to five years		107,657
Due five to ten years		15,014
Due after ten years		10,777
Available-for-sale, Fair Value		$ 195,964		$ 149,936
[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		Mar. 31, 2019	Dec. 31, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Jun. 30, 2017
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans and leases		$ 9,180,211		$ 8,517,686
Allowance for loan and lease losses		(71,746)	$ (53,706)	(49,151)	$ (62,054)	$ (45,606)	$ (40,832)
Unaccreted discounts and loan and lease fees		(10,012)		(36,246)
Total net loans and leases		9,098,453		8,432,289
Mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans and leases		4,315,545		4,198,941
Allowance for loan and lease losses		(21,006)	(22,234)	(20,368)	(19,666)	(19,721)	(19,972)
Unaccreted discounts and loan and lease fees		8,886		9,187
Home equity
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans and leases		3,511		2,306
Allowance for loan and lease losses		(19)	(15)	(14)	(15)	(20)	(19)
Unaccreted discounts and loan and lease fees		58		48
Warehouse & Other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans and leases		716,048		412,085
Allowance for loan and lease losses		(4,128)	(3,337)	(2,080)	(2,130)	(2,496)	(2,298)
Unaccreted discounts and loan and lease fees		(1,475)		(706)
Multifamily real estate secured
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans and leases		1,843,714		1,800,919
Allowance for loan and lease losses		(4,426)	(4,833)	(5,010)	(5,096)	(4,830)	(4,638)
Unaccreted discounts and loan and lease fees		5,190		5,063
Commercial real estate secured
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans and leases		309,376		220,379
Allowance for loan and lease losses		(1,091)	(974)	(849)	(901)	(805)	(1,008)
Unaccreted discounts and loan and lease fees		734		836
Auto and RV secured
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans and leases		272,301		213,522
Allowance for loan and lease losses		(4,422)	(4,013)	(3,178)	(3,056)	(2,907)	(2,379)
Unaccreted discounts and loan and lease fees		2,422		2,065
Factoring
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans and leases		94,836		169,885
Allowance for loan and lease losses		(346)	(316)	(445)	(500)	(481)	(401)
Unaccreted discounts and loan and lease fees		(22,435)		(48,039)
Commercial & Industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans and leases		1,565,894		1,481,051
Allowance for loan and lease losses		(18,069)	(15,069)	(16,238)	(13,866)	(11,490)	(9,881)
Unaccreted discounts and loan and lease fees		(2,568)		(3,884)
Other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans and leases		58,986		18,598
Allowance for loan and lease losses		(18,239)	$ (2,915)	(969)	$ (16,824)	$ (2,856)	$ (236)
Unaccreted discounts and loan and lease fees		(824)		(816)
Single family warehouse loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans and leases		188,440		175,508
Residential Portfolio Segment | Mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans and leases		4,315,545		4,198,941
Residential Portfolio Segment | Home equity
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans and leases		3,511		2,306
Residential Portfolio Segment | Warehouse & Other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans and leases	[1]	716,048		412,085
Residential Portfolio Segment | Multifamily real estate secured
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans and leases		1,843,714		1,800,919
Commercial Real Estate Portfolio Segment | Commercial real estate secured
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans and leases		309,376		220,379
Consumer Portfolio Segment | Auto and RV secured
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans and leases		272,301		213,522
Unallocated Financing Receivables | Factoring
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans and leases		94,836		169,885
Unallocated Financing Receivables | Other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans and leases		58,986		18,598
Commercial Portfolio Segment | Commercial & Industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans and leases		$ 1,565,894		$ 1,481,051
[1]	The balance of single family warehouse loans was $188,440 at March 31, 2019 and $175,508 at June 30, 2018

LOANS, LEASES & ALLOWANCE FOR_4

LOANS, LEASES & ALLOWANCE FOR LOAN AND LEASE LOSSES - ALLOWANCE FOR CREDIT LOSS NARRATIVE (Details) $ in Thousands	9 Months Ended
	Mar. 31, 2019USD ($)class	Jun. 30, 2018USD ($)
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans and leases collectively evaluated for impairment	$ 9,135,678	$ 8,488,649
Number of classes loans are divided for LTV analysis | class	2
H&R Block-related loans
Financing Receivable, Allowance for Credit Losses [Line Items]
Charge-off period for delinquent loans	120 days
Auto and RV secured
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans and leases collectively evaluated for impairment	$ 272,009
Auto and RV secured | FICO greater than or equal to 770
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans and leases collectively evaluated for impairment	124,744
Auto and RV secured | FICO 715 - 769
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans and leases collectively evaluated for impairment	99,605
Auto and RV secured | FICO 700 - 714
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans and leases collectively evaluated for impairment	25,774
Auto and RV secured | FICO 660 - 699
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans and leases collectively evaluated for impairment	20,222
Auto and RV secured | FICO less than 660
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans and leases collectively evaluated for impairment	1,664
Mortgage
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans and leases collectively evaluated for impairment	4,272,102	4,170,495
Mortgage | LTV less than or equal to 60%
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans and leases collectively evaluated for impairment	2,469,851
Mortgage | LTV 61% - 70%
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans and leases collectively evaluated for impairment	1,392,242
Mortgage | LTV 71% - 80%
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans and leases collectively evaluated for impairment	408,929
Mortgage | LTV greater than 80%
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans and leases collectively evaluated for impairment	1,080
Multifamily real estate secured
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans and leases collectively evaluated for impairment	1,843,714	$ 1,800,687
Multifamily real estate secured | LTV greater than 80%
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans and leases collectively evaluated for impairment	1,200
Multifamily real estate secured | LTV less than or equal to 55%
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans and leases collectively evaluated for impairment	906,055
Multifamily real estate secured | LTV 56% - 65%
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans and leases collectively evaluated for impairment	613,930
Multifamily real estate secured | LTV 66% - 75%
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans and leases collectively evaluated for impairment	313,172
Multifamily real estate secured | LTV 76% - 80%
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans and leases collectively evaluated for impairment	9,357
Commercial Real Estate and Land Loan
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans and leases collectively evaluated for impairment	309,376
Commercial Real Estate and Land Loan | LTV 61% - 70%
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans and leases collectively evaluated for impairment	68,319
Commercial Real Estate and Land Loan | LTV 71% - 80%
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans and leases collectively evaluated for impairment	22,204
Commercial Real Estate and Land Loan | LTV less than or equal to 50%
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans and leases collectively evaluated for impairment	147,978
Commercial Real Estate and Land Loan | LTV 51% - 60%
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans and leases collectively evaluated for impairment	$ 70,875

LOANS, LEASES & ALLOWANCE FOR_5

LOANS, LEASES & ALLOWANCE FOR LOAN AND LEASE LOSSES - ALLOWANCE FOR LOAN LOSS BY PORTFOLIO CLASS (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Mar. 31, 2019	Mar. 31, 2018
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period	$ 53,706	$ 45,606	$ 49,151	$ 40,832
Provision for loan and lease losses	19,000	16,900	24,550	21,900
Charge-offs	(1,061)	(534)	(4,486)	(1,410)
Recoveries	101	82	2,531	732
Balance, end of period	71,746	62,054	71,746	62,054
Mortgage
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period	22,234	19,721	20,368	19,972
Provision for loan and lease losses	(1,169)	23	1,042	(136)
Charge-offs	(59)	(80)	(799)	(176)
Recoveries	0	2	395	6
Balance, end of period	21,006	19,666	21,006	19,666
Home equity
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period	15	20	14	19
Provision for loan and lease losses	1	(8)	(4)	(14)
Charge-offs	0	(1)	0	(1)
Recoveries	3	4	9	11
Balance, end of period	19	15	19	15
Warehouse & Other
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period	3,337	2,496	2,080	2,298
Provision for loan and lease losses	791	(366)	2,048	119
Charge-offs	0	0	0	(287)
Recoveries	0	0	0	0
Balance, end of period	4,128	2,130	4,128	2,130
Multifamily real estate secured
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period	4,833	4,830	5,010	4,638
Provision for loan and lease losses	(407)	266	(693)	458
Charge-offs	0	0	0	0
Recoveries	0	0	109	0
Balance, end of period	4,426	5,096	4,426	5,096
Commercial real estate secured
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period	974	805	849	1,008
Provision for loan and lease losses	117	96	242	(107)
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Balance, end of period	1,091	901	1,091	901
Auto and RV secured
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period	4,013	2,907	3,178	2,379
Provision for loan and lease losses	655	368	1,947	1,097
Charge-offs	(288)	(253)	(832)	(592)
Recoveries	42	34	129	172
Balance, end of period	4,422	3,056	4,422	3,056
Factoring
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period	316	481	445	401
Provision for loan and lease losses	30	19	(99)	99
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Balance, end of period	346	500	346	500
Commercial & Industrial
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period	15,069	11,490	16,238	9,881
Provision for loan and lease losses	3,000	2,376	2,980	3,985
Charge-offs	0	0	(1,149)	0
Recoveries	0	0	0	0
Balance, end of period	18,069	13,866	18,069	13,866
Other
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period	2,915	2,856	969	236
Provision for loan and lease losses	15,982	14,126	17,087	16,399
Charge-offs	(714)	(200)	(1,706)	(354)
Recoveries	56	42	1,889	543
Balance, end of period	$ 18,239	$ 16,824	$ 18,239	$ 16,824

LOANS, LEASES & ALLOWANCE FOR_6

LOANS, LEASES & ALLOWANCE FOR LOAN AND LEASE LOSSES - LOANS INDIVIDUALLY EVALUATED FOR IMPAIRMENT (Details) - USD ($) $ in Thousands		Mar. 31, 2019	Jun. 30, 2018
With an allowance recorded:
Unpaid Principal Balance		$ 48,109	$ 32,331
Principal Balance Adjustment	[1]	3,576	3,294
Recorded Investment		44,533	29,037
Accrued Interest / Origination Fees		852	101
Total		45,385	29,138
Related Allocation of General Allowance		651	278
Related Allocation of Specific Allowance		$ 0	$ 0
As a % of total gross loans and leases
Unpaid Principal Balance		0.52%	0.38%
Principal Balance Adjustment	[1]	0.03%	0.04%
Recorded Investment		0.49%	0.34%
Accrued Interest / Origination Fees		0.01%	0.00%
Total		0.50%	0.34%
Related Allocation of General Allowance		0.01%	0.00%
Related Allocation of Specific Allowance		0.00%	0.00%
Mortgage | In-house originated
With no related allowance recorded:
Unpaid Principal Balance		$ 4,878	$ 1,584
Principal Balance Adjustment		1,766	951
Recorded Investment		3,112	633
Accrued Interest / Origination Fees		203	78
Total		3,315	711
With an allowance recorded:
Unpaid Principal Balance		37,926	24,607
Principal Balance Adjustment	[1]	242	47
Recorded Investment		37,684	24,560
Accrued Interest / Origination Fees		545	0
Total		38,229	24,560
Related Allocation of General Allowance		351	247
Related Allocation of Specific Allowance		0	0
Mortgage | Purchased
With no related allowance recorded:
Unpaid Principal Balance		2,344	3,598
Principal Balance Adjustment		1,208	1,739
Recorded Investment		1,136	1,859
Accrued Interest / Origination Fees		0	0
Total		1,136	1,859
With an allowance recorded:
Unpaid Principal Balance		1,528	1,394
Principal Balance Adjustment	[1]	17	0
Recorded Investment		1,511	1,394
Accrued Interest / Origination Fees		97	21
Total		1,608	1,415
Related Allocation of General Allowance		18	14
Related Allocation of Specific Allowance		0	0
Multifamily real estate secured | Purchased
With no related allowance recorded:
Unpaid Principal Balance			480
Principal Balance Adjustment			248
Recorded Investment			232
Accrued Interest / Origination Fees			0
Total			232
Auto and RV secured | In-house originated
With no related allowance recorded:
Unpaid Principal Balance		535	369
Principal Balance Adjustment		343	309
Recorded Investment		192	60
Accrued Interest / Origination Fees		6	2
Total		198	62
With an allowance recorded:
Unpaid Principal Balance		100
Principal Balance Adjustment	[1]	0
Recorded Investment		100
Accrued Interest / Origination Fees		1
Total		101
Related Allocation of General Allowance		8
Related Allocation of Specific Allowance		0
Home equity | In-house originated
With an allowance recorded:
Unpaid Principal Balance			16
Principal Balance Adjustment	[1]		0
Recorded Investment			16
Accrued Interest / Origination Fees			0
Total			16
Related Allocation of General Allowance			1
Related Allocation of Specific Allowance			0
Commercial & Industrial
With an allowance recorded:
Unpaid Principal Balance			172
Principal Balance Adjustment	[1]		0
Recorded Investment			172
Accrued Interest / Origination Fees			0
Total			172
Related Allocation of General Allowance			9
Related Allocation of Specific Allowance			0
Other
With an allowance recorded:
Unpaid Principal Balance		798	111
Principal Balance Adjustment	[1]	0	0
Recorded Investment		798	111
Accrued Interest / Origination Fees		0	0
Total		798	111
Related Allocation of General Allowance		274	7
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_7

LOANS, LEASES & ALLOWANCE FOR LOAN AND LEASE LOSSES - ALLOWANCE FOR LOAN LOSS BY PORTFOLIO SEGMENT (Details) - USD ($) $ in Thousands		9 Months Ended	12 Months Ended
		Mar. 31, 2019	Jun. 30, 2018
Financing Receivable, Allowance for Credit Losses [Line Items]
Individually evaluated for impairment – general allowance		$ 651	$ 278
Individually evaluated for impairment – specific allowance		0	0
Collectively evaluated for impairment		71,095	48,873
Total ending allowance balance		71,746	49,151
Loans and leases individually evaluated for impairment	[1]	44,533	29,037
Loans and leases collectively evaluated for impairment		9,135,678	8,488,649
Principal loan and lease balance		9,180,211	8,517,686
Unaccreted discounts and loan and lease fees		(10,012)	(36,246)
Total recorded investment in loans and leases		$ 9,170,199	$ 8,481,440
Threshold period for TDRs to be considered performing		6 months	6 months
Mortgage
Financing Receivable, Allowance for Credit Losses [Line Items]
Individually evaluated for impairment – general allowance		$ 369	$ 261
Individually evaluated for impairment – specific allowance		0	0
Collectively evaluated for impairment		20,637	20,107
Total ending allowance balance		21,006	20,368
Loans and leases individually evaluated for impairment	[1]	43,443	28,446
Loans and leases collectively evaluated for impairment		4,272,102	4,170,495
Principal loan and lease balance		4,315,545	4,198,941
Unaccreted discounts and loan and lease fees		8,886	9,187
Total recorded investment in loans and leases		4,324,431	4,208,128
Home equity
Financing Receivable, Allowance for Credit Losses [Line Items]
Individually evaluated for impairment – general allowance		0	1
Individually evaluated for impairment – specific allowance		0	0
Collectively evaluated for impairment		19	13
Total ending allowance balance		19	14
Loans and leases individually evaluated for impairment	[1]	0	16
Loans and leases collectively evaluated for impairment		3,511	2,290
Principal loan and lease balance		3,511	2,306
Unaccreted discounts and loan and lease fees		58	48
Total recorded investment in loans and leases		3,569	2,354
Warehouse & Other
Financing Receivable, Allowance for Credit Losses [Line Items]
Individually evaluated for impairment – general allowance		0	0
Individually evaluated for impairment – specific allowance		0	0
Collectively evaluated for impairment		4,128	2,080
Total ending allowance balance		4,128	2,080
Loans and leases individually evaluated for impairment	[1]	0	0
Loans and leases collectively evaluated for impairment		716,048	412,085
Principal loan and lease balance		716,048	412,085
Unaccreted discounts and loan and lease fees		(1,475)	(706)
Total recorded investment in loans and leases		714,573	411,379
Multifamily real estate secured
Financing Receivable, Allowance for Credit Losses [Line Items]
Individually evaluated for impairment – general allowance		0	0
Individually evaluated for impairment – specific allowance		0	0
Collectively evaluated for impairment		4,426	5,010
Total ending allowance balance		4,426	5,010
Loans and leases individually evaluated for impairment	[1]	0	232
Loans and leases collectively evaluated for impairment		1,843,714	1,800,687
Principal loan and lease balance		1,843,714	1,800,919
Unaccreted discounts and loan and lease fees		5,190	5,063
Total recorded investment in loans and leases		1,848,904	1,805,982
Commercial real estate secured
Financing Receivable, Allowance for Credit Losses [Line Items]
Individually evaluated for impairment – general allowance		0	0
Individually evaluated for impairment – specific allowance		0	0
Collectively evaluated for impairment		1,091	849
Total ending allowance balance		1,091	849
Loans and leases individually evaluated for impairment	[1]	0	0
Loans and leases collectively evaluated for impairment		309,376	220,379
Principal loan and lease balance		309,376	220,379
Unaccreted discounts and loan and lease fees		734	836
Total recorded investment in loans and leases		310,110	221,215
Auto and RV secured
Financing Receivable, Allowance for Credit Losses [Line Items]
Individually evaluated for impairment – general allowance		8	0
Individually evaluated for impairment – specific allowance		0	0
Collectively evaluated for impairment		4,414	3,178
Total ending allowance balance		4,422	3,178
Loans and leases individually evaluated for impairment	[1]	292	60
Loans and leases collectively evaluated for impairment		272,009	213,462
Principal loan and lease balance		272,301	213,522
Unaccreted discounts and loan and lease fees		2,422	2,065
Total recorded investment in loans and leases		274,723	215,587
Factoring
Financing Receivable, Allowance for Credit Losses [Line Items]
Individually evaluated for impairment – general allowance		0	0
Individually evaluated for impairment – specific allowance		0	0
Collectively evaluated for impairment		346	445
Total ending allowance balance		346	445
Loans and leases individually evaluated for impairment	[1]	0	0
Loans and leases collectively evaluated for impairment		94,836	169,885
Principal loan and lease balance		94,836	169,885
Unaccreted discounts and loan and lease fees		(22,435)	(48,039)
Total recorded investment in loans and leases		72,401	121,846
Commercial & Industrial
Financing Receivable, Allowance for Credit Losses [Line Items]
Individually evaluated for impairment – general allowance		0	9
Individually evaluated for impairment – specific allowance		0	0
Collectively evaluated for impairment		18,069	16,229
Total ending allowance balance		18,069	16,238
Loans and leases individually evaluated for impairment	[1]	0	172
Loans and leases collectively evaluated for impairment		1,565,894	1,480,879
Principal loan and lease balance		1,565,894	1,481,051
Unaccreted discounts and loan and lease fees		(2,568)	(3,884)
Total recorded investment in loans and leases		1,563,326	1,477,167
Other
Financing Receivable, Allowance for Credit Losses [Line Items]
Individually evaluated for impairment – general allowance		274	7
Individually evaluated for impairment – specific allowance		0	0
Collectively evaluated for impairment		17,965	962
Total ending allowance balance		18,239	969
Loans and leases individually evaluated for impairment	[1]	798	111
Loans and leases collectively evaluated for impairment		58,188	18,487
Principal loan and lease balance		58,986	18,598
Unaccreted discounts and loan and lease fees		(824)	(816)
Total recorded investment in loans and leases		$ 58,162	$ 17,782
[1]	Loans and leases evaluated for impairment include Troubled Debt Restructurings (“TDRs”) that have been performing for more than six months

LOANS, LEASES & ALLOWANCE FOR_8

LOANS, LEASES & ALLOWANCE FOR LOAN AND LEASE LOSSES - NONACCRUAL LOANS (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Jun. 30, 2018
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total nonaccrual loans secured by real estate	$ 43,443	$ 28,694
Total nonaccrual loans and leases	$ 44,533	$ 31,226
Nonaccrual loans and leases to total loans and leases	0.49%	0.37%
Mortgage | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total nonaccrual loans secured by real estate	$ 40,795	$ 25,193
Mortgage | Purchased
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total nonaccrual loans secured by real estate	2,648	3,253
Home equity | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total nonaccrual loans secured by real estate	0	16
Multifamily real estate secured | Purchased
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total nonaccrual loans secured by real estate	0	232
Auto and RV secured
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total nonaccrual loans and leases	292	60
Commercial & Industrial
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total nonaccrual loans and leases	0	2,361
Other
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total nonaccrual loans and leases	$ 798	$ 111

LOANS, LEASES & ALLOWANCE FOR_9

LOANS, LEASES & ALLOWANCE FOR LOAN AND LEASE LOSSES - NONACCRUAL LOANS NARRATIVE (Details)	9 Months Ended
	Mar. 31, 2019loanborrower	Jun. 30, 2018loan
Financing Receivable, Impaired [Line Items]
Ratio of nonaccrual loans and leases considered TDRs	1.51%	3.30%
Period over which borrowers can make timely payments after TDR considered non-performing	6 months
Number or TDRs classified as performing | loan	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
Commercial & Industrial | Special Mention | LTV less than or equal to 60%
Financing Receivable, Impaired [Line Items]
Number of construction loan borrowers	4
Number of construction loan borrowers, current with all financial obligations	3
Number of construction loan borrowers, over 90% complete and continuing to finalize construction	1
Nonaccrual | Mortgage
Financing Receivable, Impaired [Line Items]
Ratio of nonaccrual loans and leases that are single family mortgage	97.55%
Percentage of aggregate single family first mortgage loans and leases written down	46.17%

LOANS, LEASES & ALLOWANCE FO_10

LOANS, LEASES & ALLOWANCE FOR LOAN AND LEASE LOSSES - UNPAID PRINCIPAL BALANCE FOR PERFORMING AND NONACCRUAL (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Jun. 30, 2018
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	$ 9,180,211	$ 8,517,686
Mortgage
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	4,315,545	4,198,941
Home equity
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	3,511	2,306
Warehouse & Other
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	716,048	412,085
Multifamily real estate secured
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	1,843,714	1,800,919
Commercial real estate secured
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	309,376	220,379
Auto and RV secured
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	272,301	213,522
Factoring
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	94,836	169,885
Commercial & Industrial
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	1,565,894	1,481,051
Other
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	58,986	18,598
Performing
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	9,135,678	8,486,460
Performing | Mortgage
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	4,272,102	4,170,495
Performing | Home equity
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	3,511	2,290
Performing | Warehouse & Other
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	716,048	412,085
Performing | Multifamily real estate secured
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	1,843,714	1,800,687
Performing | Commercial real estate secured
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	309,376	220,379
Performing | Auto and RV secured
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	272,009	213,462
Performing | Factoring
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	94,836	169,885
Performing | Commercial & Industrial
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	1,565,894	1,478,690
Performing | Other
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	58,188	18,487
Nonaccrual
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	44,533	31,226
Nonaccrual | Mortgage
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	43,443	28,446
Nonaccrual | Home equity
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	0	16
Nonaccrual | Warehouse & Other
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	0	0
Nonaccrual | Multifamily real estate secured
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	0	232
Nonaccrual | Commercial real estate secured
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	0	0
Nonaccrual | Auto and RV secured
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	292	60
Nonaccrual | Factoring
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	0	0
Nonaccrual | Commercial & Industrial
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	0	2,361
Nonaccrual | Other
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	$ 798	$ 111

LOANS, LEASES & ALLOWANCE FO_11

LOANS, LEASES & ALLOWANCE FOR LOAN AND LEASE LOSSES - LOANS BY CREDIT QUALITY INDICATOR (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Jun. 30, 2018
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	$ 9,180,211	$ 8,517,686
As a % of total gross loans and leases	100.00%	100.00%
Mortgage
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	$ 4,315,545	$ 4,198,941
Mortgage | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	4,271,154	4,159,204
Mortgage | Purchased
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	44,391	39,737
Home equity
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	3,511	2,306
Home equity | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	3,511	2,306
Warehouse & Other
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	716,048	412,085
Warehouse & Other | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	716,048	412,085
Multifamily real estate secured
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	1,843,714	1,800,919
Multifamily real estate secured | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	1,785,104	1,735,051
Multifamily real estate secured | Purchased
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	58,610	65,868
Commercial real estate secured
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	309,376	220,379
Commercial real estate secured | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	301,788	212,235
Commercial real estate secured | Purchased
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	7,588	8,144
Auto and RV secured
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	272,301	213,522
Auto and RV secured | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	272,301	213,522
Factoring
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	94,836	169,885
Commercial & Industrial
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	1,565,894	1,481,051
Other
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	58,986	18,598
Pass
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	$ 8,996,206	$ 8,451,270
As a % of total gross loans and leases	98.00%	99.20%
Pass | Mortgage | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	$ 4,218,290	$ 4,113,537
Pass | Mortgage | Purchased
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	41,575	36,024
Pass | Home equity | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	3,511	2,290
Pass | Warehouse & Other | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	631,211	412,085
Pass | Multifamily real estate secured | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	1,782,566	1,731,068
Pass | Multifamily real estate secured | Purchased
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	57,662	64,663
Pass | Commercial real estate secured | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	301,788	212,235
Pass | Commercial real estate secured | Purchased
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	7,588	6,226
Pass | Auto and RV secured | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	271,920	213,455
Pass | Factoring
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	94,836	169,885
Pass | Commercial & Industrial
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	1,529,555	1,471,433
Pass | Other
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	55,704	18,369
Special Mention
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	$ 137,268	$ 31,343
As a % of total gross loans and leases	1.50%	0.40%
Special Mention | Mortgage | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	$ 11,007	$ 19,403
Special Mention | Mortgage | Purchased
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	168	461
Special Mention | Home equity | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	0	0
Special Mention | Warehouse & Other | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	84,837	0
Special Mention | Multifamily real estate secured | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	2,538	3,983
Special Mention | Multifamily real estate secured | Purchased
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	0	0
Special Mention | Commercial real estate secured | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	0	0
Special Mention | Commercial real estate secured | Purchased
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	0	1,918
Special Mention | Auto and RV secured | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	52	0
Special Mention | Factoring
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	0	0
Special Mention | Commercial & Industrial
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	36,203	5,460
Special Mention | Other
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	2,463	118
Substandard
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	$ 46,737	$ 32,884
As a % of total gross loans and leases	0.50%	0.40%
Substandard | Mortgage | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	$ 41,857	$ 26,264
Substandard | Mortgage | Purchased
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	2,648	3,252
Substandard | Home equity | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	0	16
Substandard | Warehouse & Other | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	0	0
Substandard | Multifamily real estate secured | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	0	0
Substandard | Multifamily real estate secured | Purchased
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	948	1,205
Substandard | Commercial real estate secured | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	0	0
Substandard | Commercial real estate secured | Purchased
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	0	0
Substandard | Auto and RV secured | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	329	67
Substandard | Factoring
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	0	0
Substandard | Commercial & Industrial
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	136	1,969
Substandard | Other
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	819	111
Doubtful
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	$ 0	$ 2,189
As a % of total gross loans and leases	0.00%	0.00%
Doubtful | Mortgage | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	$ 0	$ 0
Doubtful | Mortgage | Purchased
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	0	0
Doubtful | Home equity | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	0	0
Doubtful | Warehouse & Other | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	0	0
Doubtful | Multifamily real estate secured | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	0	0
Doubtful | Multifamily real estate secured | Purchased
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	0	0
Doubtful | Commercial real estate secured | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	0	0
Doubtful | Commercial real estate secured | Purchased
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	0	0
Doubtful | Auto and RV secured | In-house originated
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	0	0
Doubtful | Factoring
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	0	0
Doubtful | Commercial & Industrial
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	0	2,189
Doubtful | Other
Financing Receivable, Recorded Investment [Line Items]
Total gross loans and leases	$ 0	$ 0

LOANS, LEASES & ALLOWANCE FO_12

LOANS, LEASES & ALLOWANCE FOR LOAN AND LEASE LOSSES - PAST DUE LOANS (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Jun. 30, 2018
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	$ 60,957	$ 38,425
As a % of total gross loans and leases	0.66%	0.45%
Mortgage | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	$ 39,034	$ 33,079
Mortgage | Purchased
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	2,367	1,642
Home equity | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	139	16
Warehouse & Other
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	12,655
Multifamily real estate secured | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	1,588	410
Auto and RV secured
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	635
Auto and RV secured | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total		315
Commercial & Industrial
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	137	2,662
Other
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	4,402	301
30-59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	$ 21,449	$ 9,257
As a % of total gross loans and leases	0.23%	0.11%
30-59 Days Past Due | Mortgage | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	$ 6,259	$ 7,830
30-59 Days Past Due | Mortgage | Purchased
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	729	354
30-59 Days Past Due | Home equity | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	139	0
30-59 Days Past Due | Warehouse & Other
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	12,655
30-59 Days Past Due | Multifamily real estate secured | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	0	410
30-59 Days Past Due | Auto and RV secured
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	375
30-59 Days Past Due | Auto and RV secured | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total		284
30-59 Days Past Due | Commercial & Industrial
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	137	300
30-59 Days Past Due | Other
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	1,155	79
60-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	$ 6,445	$ 3,478
As a % of total gross loans and leases	0.07%	0.04%
60-89 Days Past Due | Mortgage | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	$ 3,048	$ 3,240
60-89 Days Past Due | Mortgage | Purchased
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	340	105
60-89 Days Past Due | Home equity | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	0	0
60-89 Days Past Due | Warehouse & Other
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	0
60-89 Days Past Due | Multifamily real estate secured | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	458	0
60-89 Days Past Due | Auto and RV secured
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	93
60-89 Days Past Due | Auto and RV secured | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total		22
60-89 Days Past Due | Commercial & Industrial
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	0	0
60-89 Days Past Due | Other
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	2,506	111
90 Plus Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	$ 33,063	$ 25,690
As a % of total gross loans and leases	0.36%	0.30%
90 Plus Days Past Due | Mortgage | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	$ 29,727	$ 22,009
90 Plus Days Past Due | Mortgage | Purchased
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	1,298	1,183
90 Plus Days Past Due | Home equity | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	0	16
90 Plus Days Past Due | Warehouse & Other
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	0
90 Plus Days Past Due | Multifamily real estate secured | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	1,130	0
90 Plus Days Past Due | Auto and RV secured
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	167
90 Plus Days Past Due | Auto and RV secured | In-house originated
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total		9
90 Plus Days Past Due | Commercial & Industrial
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	0	2,362
90 Plus Days Past Due | Other
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	$ 741	$ 111

OFFSETTING OF SECURITIES FINA_3

OFFSETTING OF SECURITIES FINANCING AGREEMENTS (Details) $ in Thousands	Mar. 31, 2019USD ($)
Assets:
Securities borrowed, gross assets	$ 127,167
Securities borrowed, amount offset	0
Securities borrowed, net balance sheet amount	127,167
Securities borrowed, financial collateral	(127,167)
Securities borrowed, net assets	0
Liabilities:
Securities loaned, gross liabilities	201,574
Securities loaned, amounts offset	0
Securities loaned, net balance sheet amount	201,574
Securities loaned, financial collateral	(201,574)
Securities loaned, net liabilities	$ 0

CUSTOMER, BROKER-DEALER AND C_3

CUSTOMER, BROKER-DEALER AND CLEARING RECEIVABLES AND PAYABLES (Details) - USD ($) $ in Thousands		9 Months Ended
		Mar. 31, 2019	Mar. 31, 2018	Jun. 30, 2018
Receivables:
Customers		$ 233,703
Receivable from broker-dealers	[1]	12,730
Securities failed to deliver		5,714
Other		753
Total receivables		252,900		$ 0
Payables:
Customers		228,094
Payable to broker-dealers		13,830
Securities failed to receive		3,284
Total payables		245,208		$ 0
Broker-dealer reserve for bad debt		$ 15,298	$ 0
[1]	Includes broker-dealer reserve for bad debt of $15.3 million

GOODWILL AND OTHER INTANGIBLE_3

GOODWILL AND OTHER INTANGIBLE ASSETS - ADDITIONAL INFORMATION (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Jan. 01, 2019	Jun. 30, 2018
EPIC
Business Acquisition [Line Items]
Goodwill	$ 70,654	$ 35,721	$ 35,700

GOODWILL AND OTHER INTANGIBLE_4

GOODWILL AND OTHER INTANGIBLE ASSETS - ACTIVITY IN GOODWILL BALANCE (Details) - EPIC $ in Thousands	3 Months Ended
	Mar. 31, 2019USD ($)
Goodwill [Roll Forward]
Additions	$ 34,933
Balance as of March 31, 2019	$ 70,654

GOODWILL AND OTHER INTANGIBLE_5

GOODWILL AND OTHER INTANGIBLE ASSETS - SUMMARY OF ACQUIRED INTANGIBLE ASSETS (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Jun. 30, 2018
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 69,131	$ 32,720
Accumulated Amortization	3,709	651
Net Carrying Amount	65,422	32,069
Covenant not to compete
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	930	930
Accumulated Amortization	232	58
Net Carrying Amount	698	872
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	31,310	9,820
Accumulated Amortization	1,233	243
Net Carrying Amount	30,077	9,577
Customer deposit intangible
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	13,545	0
Accumulated Amortization	821	0
Net Carrying Amount	12,724	0
Developed technologies
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	23,056	21,680
Accumulated Amortization	1,326	326
Net Carrying Amount	21,730	21,354
Trade name
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	290	290
Accumulated Amortization	97	24
Net Carrying Amount	$ 193	$ 266

GOODWILL AND OTHER INTANGIBLE_6

GOODWILL AND OTHER INTANGIBLE ASSETS - WEIGHTED AVERAGE USEFUL LIFE OF ACQUIRED INTANGIBLE ASSETS (Details) - EPIC	9 Months Ended
	Mar. 31, 2019
Covenant not to compete
Finite-Lived Intangible Assets [Line Items]
Weighted-Average Useful Lives (Years)	4 years
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Weighted-Average Useful Lives (Years)	13 years
Customer deposit intangible
Finite-Lived Intangible Assets [Line Items]
Weighted-Average Useful Lives (Years)	10 years
Developed technologies
Finite-Lived Intangible Assets [Line Items]
Weighted-Average Useful Lives (Years)	5 years
Trade name
Finite-Lived Intangible Assets [Line Items]
Weighted-Average Useful Lives (Years)	3 years

GOODWILL AND OTHER INTANGIBLE_7

GOODWILL AND OTHER INTANGIBLE ASSETS - ESTIMATED FUTURE AMORTIZATION EXPENSE OF ACQUIRED INTANGIBLE ASSETS (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Jun. 30, 2018
For the fiscal year remainder:
Net Carrying Amount	$ 65,422	$ 32,069
EPIC
For the fiscal year remainder:
2019	1,751
2020	10,392
2021	9,795
2022	8,441
2023	8,020
Thereafter	27,023
Net Carrying Amount	$ 65,422

INCOME TAXES (Details)

INCOME TAXES (Details)	9 Months Ended
	Mar. 31, 2019USD ($)
Income Tax Disclosure [Abstract]
Provisional amount recorded for effects of the change rate on deferred tax balance	$ 0

BORROWINGS, SUBORNIDATED NOTE_2

BORROWINGS, SUBORNIDATED NOTES AND DEBENTURES - SCHEDULE OF BORROWINGS, SUBORDINATED NOTES AND DEBENTURES (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Jun. 30, 2018
Debt Instrument [Line Items]
Less unamortized issuance Costs	$ 1,478	$ 1,603
Total borrowings, subordinated notes and debentures	214,477	54,552
Borrowings from other banks
Debt Instrument [Line Items]
Long-term Debt	152,300	0
Subordinated loans
Debt Instrument [Line Items]
Long-term Debt	7,500	0
Subordinated notes
Debt Instrument [Line Items]
Long-term Debt	51,000	51,000
Subordinated debentures
Debt Instrument [Line Items]
Long-term Debt	$ 5,155	$ 5,155

BORROWINGS, SUBORNIDATED NOTE_3

BORROWINGS, SUBORNIDATED NOTES AND DEBENTURES - NARRATIVE (Details) - USD ($)	Jan. 28, 2019	Mar. 31, 2019	Jun. 30, 2018
Debt Instrument [Line Items]
Long term debt outstanding		$ 214,477,000	$ 54,552,000
Secured lines of credit
Debt Instrument [Line Items]
Maximum borrowing capacity		155,000,000
Long term debt outstanding		117,300,000
Unsecured line of credit
Debt Instrument [Line Items]
Maximum borrowing capacity		35,000,000
Long term debt outstanding		$ 35,000,000
Subordinated notes
Debt Instrument [Line Items]
Subordinated notes issues	$ 7,500,000
Subordinated notes maturity	15 months
Interest rate per annum (as a percentage)	6.25%

EQUITY AND STOCK-BASED COMPEN_3

EQUITY AND STOCK-BASED COMPENSATION - NARRATIVE (Details) - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Mar. 31, 2019	Mar. 31, 2018	Jun. 30, 2018	Mar. 17, 2016
Stock Award Compensation Expense
Repurchase of common stock			$ 47,881,000	$ 35,183,000
Stock repurchased during period (in shares)	1,704,528		1,704,528
RSUs
Stock Award Compensation Expense
Restricted stock grants (in shares)			1,101,724		747,022
Vesting period for restricted stock grants			3 years	3 years
Stock award expense	$ 6,802,000	$ 3,994,000	$ 17,979,000	$ 11,680,000
Income tax benefit from stock award expense	2,325,000	1,365,000	4,773,000	4,565,000
Unrecognized compensation expense related to non-vested awards	46,013,000		46,013,000
Total fair value of shares vested in the period	421,000	$ 674,000	$ 13,609,000	$ 9,400,000
RSUs | Employees and Directors
Stock Award Compensation Expense
Restricted stock grants (in shares)			1,101,724	728,129
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
Repurchased stock, average price per share (dollars per share)			$ 28.09
Remaining amount under current board authorization	$ 16,900,000		$ 16,900,000

EQUITY AND STOCK-BASED COMPEN_4

EQUITY AND STOCK-BASED COMPENSATION - UNRECOGNIZED COMPENSATION EXPENSE RELATED TO NON-VESTED AWARDS (Details) - RSUs $ in Thousands	Mar. 31, 2019USD ($)
Stock Award Compensation Expense
For the fiscal year remainder of 2019	$ 8,012
2020	18,299
2021	12,046
2022	5,051
2023	1,439
Thereafter	1,166
Total	$ 46,013

EQUITY AND STOCK-BASED COMPEN_5

EQUITY AND STOCK-BASED COMPENSATION - CHANGES IN RESTRICTED STOCK UNIT GRANTS (Details) - RSUs - $ / shares	9 Months Ended	12 Months Ended
	Mar. 31, 2019	Jun. 30, 2018
Restricted Stock Units
Non-vested balance, beginning (in shares)	1,233,731	1,240,322
Granted (in shares)	1,101,724	747,022
Vested (in shares)	(388,599)	(629,755)
Canceled (in shares)	(48,451)	(123,858)
Non-vested balance, ending (in shares)	1,898,405	1,233,731
Weighted-Average Grant-Date Fair Value
Non-vested balance, beginning, Weighted Average Grant Date Fair Value (in dollars per share)	$ 24.84	$ 22.52
Granted, Weighted Average Grant Date Fair Value (in dollars per share)	34.68	26.53
Vested, Weighted Average Grant Date Fair Value (in dollars per share)	24.20	22.55
Canceled, Weighted Average Grant Date Fair Value (in dollars per share)	29.14	23.38
Non-vested balance, ending, Weighted Average Grant Date Fair Value (in dollars per share)	$ 30.57	$ 24.84

EARNINGS PER COMMON SHARE (Deta

EARNINGS PER COMMON SHARE (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Mar. 31, 2019	Mar. 31, 2018
Earnings Per Common Share
Net income	$ 38,821	$ 51,253	$ 114,497	$ 115,294
Preferred stock dividends	(77)	(77)	(232)	(232)
Net income attributable to common stockholders	$ 38,744	$ 51,176	$ 114,265	$ 115,062
Average common shares outstanding (in shares)	61,259,419	62,543,949	62,130,598	63,219,386
Average unvested RSUs (as revised for 2017) (in shares)	0	72,000	0	79,426
Total qualifying shares (in shares)	61,259,419	62,615,949	62,130,598	63,298,812
Basic earnings per common share (revised for December 2017) (in dollars per share)	$ 0.63	$ 0.82	$ 1.84	$ 1.82
Diluted Earnings Per Common Share
Dilutive net income attributable to common stockholders	$ 38,744	$ 51,176	$ 114,265	$ 115,062
Average common shares issued and outstanding (as revised for 2017) (in shares)	61,259,419	62,615,949	62,130,598	63,298,812
Total dilutive common shares outstanding (in shares)	61,589,662	63,666,810	62,597,283	64,173,475
Diluted earnings per common share (revised for December 2017) (in dollars per share)	$ 0.63	$ 0.80	$ 1.83	$ 1.79
RSUs
Diluted Earnings Per Common Share
Dilutive effect of average unvested stock options and RSUs (in shares)	330,243	1,050,861	466,685	874,663

REGULATORY REQUIREMENTS (Detail

REGULATORY REQUIREMENTS (Details) - Axos Clearing, LLC $ in Millions	Mar. 31, 2019USD ($)
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Deposit requirement	$ 200.8
Deposit maintained	206.3
PAB
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Deposit requirement	1.6
Deposit maintained	$ 0.5

REGULATORY REQUIREMENTS - NET C

REGULATORY REQUIREMENTS - NET CAPITAL POSITION (Details) - Axos Clearing $ in Thousands	Mar. 31, 2019USD ($)
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Net capital	$ 22,381
Less: required net capital	4,622
Excess capital	$ 17,759
Net capital as a percentage of aggregate debit items	9.68%
Net capital in excess of 5% aggregate debit items	$ 10,825

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Details) $ in Thousands	1 Months Ended	9 Months Ended
	Dec. 31, 2015claim	Mar. 31, 2019USD ($)claim
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		$ 636,080
Loan Origination Commitments | Sales commitment
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Off-balance sheet, commitment		38,938
Loan Origination Commitments | Fixed Interest Rate
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Off-balance sheet, loan origination commitment		$ 26,351
Fixed interest rate minimum on commitments to extend credit		2.99%
Fixed interest rate maximum on commitments to extend credit		8.86%
Loan Origination Commitments | Fixed Interest Rate | Sales commitment
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Off-balance sheet, commitment		$ 37,484
Loan Origination Commitments | Variable Interest Rate
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Off-balance sheet, loan origination commitment		609,729
Loan Origination Commitments | Variable Interest Rate | Sales commitment
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Off-balance sheet, commitment		$ 1,454

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details) - loan	9 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Related Party Transactions [Abstract]
Number of new related party loans granted	0	0
Number of related party loans refinanced	0	0

SEGMENT REPORTING (Details)

SEGMENT REPORTING (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2019USD ($)	Mar. 31, 2018USD ($)	Mar. 31, 2019segment	Mar. 31, 2019USD ($)	Mar. 31, 2019	Mar. 31, 2018USD ($)
Segment Reporting [Abstract]
Number of operating segments			2		2
Segment Reporting Information [Line Items]
Net interest income	$ 129,169	$ 116,683		$ 308,168		$ 281,446
Provision for loan and lease losses	19,000	16,900		24,550		21,900
Non-interest income	26,098	23,525		59,533		53,964
Non-interest expense	81,815	45,434		185,670		124,263
INCOME BEFORE INCOME TAXES	54,452	77,874		157,481		189,247
Operating segments | Banking Business
Segment Reporting Information [Line Items]
Net interest income	127,072	117,497		307,564		283,786
Provision for loan and lease losses	19,000	16,900		24,550		21,900
Non-interest income	21,027	23,372		54,462		53,811
Non-interest expense	52,224	40,273		142,291		109,419
INCOME BEFORE INCOME TAXES	76,875	83,696		195,185		206,278
Operating segments | Securities Business
Segment Reporting Information [Line Items]
Net interest income	2,951	0		2,951		0
Provision for loan and lease losses	0	0		0		0
Non-interest income	5,071	0		5,071		0
Non-interest expense	23,102	0		23,102		0
INCOME BEFORE INCOME TAXES	(15,080)	0		(15,080)		0
Corporate/Eliminations
Segment Reporting Information [Line Items]
Net interest income	(854)	(814)		(2,347)		(2,340)
Provision for loan and lease losses	0	0		0		0
Non-interest income	0	153		0		153
Non-interest expense	6,489	5,161		20,277		14,844
INCOME BEFORE INCOME TAXES	$ (7,343)	$ (5,822)		$ (22,624)		$ (17,031)