0001538263-21-000071 | 10-K | XBRL Viewer

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Document and Entity Information - USD ($) $ in Millions	12 Months Ended
Document and Entity Information - USD ($) $ in Millions	Jun. 30, 2021	Sep. 07, 2021	Dec. 31, 2020
Document and Entity Information:
Document Type	10-K
Document Annual Report	true
Document Period End Date	Jun. 30, 2021
Current Fiscal Year End Date	--06-30
Document Transition Report	false
Entity File Number	1-35593
Entity Registrant Name	HOMETRUST BANCSHARES, INC.
Entity Incorporation, State or Country Code	MD
Entity Tax Identification Number	45-5055422
Entity Address, Address Line One	10 Woodfin Street
Entity Address, City or Town	Asheville
Entity Address, State or Province	NC
Entity Address, Postal Zip Code	28801
City Area Code	828
Local Phone Number	259-3939
Title of 12(b) Security	Common Stock, par value $0.01 per share
Trading Symbol	HTBI
Security Exchange Name	NASDAQ
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	true
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		16,460,302
Entity Public Float			$ 312.6
Documents Incorporated by Reference	Portions of the Registrant's Proxy Statement for its 2021 Annual Meeting of Stockholders are incorporated by reference into Part III of this Form 10-K.
Entity Central Index Key	0001538263
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	FY
Amendment Flag	false

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2021	Jun. 30, 2020
Assets
Cash	$ 22,312	$ 31,908
Interest-bearing deposits	28,678	89,714
Cash and cash equivalents	50,990	121,622
Commercial paper	189,596	304,967
Certificates of deposit in other banks	40,122	55,689
Debt securities available for sale, at fair value (amortized cost of $154,493 and $124,918 at June 30, 2021 and June 30, 2020, respectively)	156,459	127,537
Other investments, at cost	23,710	38,946
Loans held for sale	93,539	77,177
Total loans, net of deferred loan fees and costs	2,733,267	2,769,119
Allowance for credit losses	(35,468)	(28,072)
Net loans	2,697,799	2,741,047
Premises and equipment, net	70,909	58,462
Accrued interest receivable	7,933	12,312
Real Estate Owned ("REO")	188	337
Deferred income taxes	16,901	16,334
Bank Owned Life Insurance ("BOLI")	93,108	92,187
Goodwill	25,638	25,638
Core deposit intangibles	343	1,078
Other assets	57,488	49,519
Total assets	3,524,723	3,722,852
Liabilities
Deposits	2,955,541	2,785,756
Borrowings	115,000	475,000
Other liabilities	57,663	53,833
Total liabilities	3,128,204	3,314,589
Stockholders’ equity
Preferred stock, $0.01 par value, 10,000,000 shares authorized, none issued or outstanding	0	0
Common stock, $0.01 par value, 60,000,000 shares authorized, 16,636,483 shares issued and outstanding at June 30, 2021; 17,021,357 at June 30, 2020	167	170
Additional paid in capital	160,582	169,648
Retained earnings	240,075	242,776
Unearned Employee Stock Ownership Plan ("ESOP") shares	(5,819)	(6,348)
Accumulated other comprehensive income	1,514	2,017
Total stockholders’ equity	396,519	408,263
Total liabilities and stockholders’ equity	$ 3,524,723	$ 3,722,852

Consolidated Balance Sheets (Parentheticals) - USD ($) $ in Thousands	Jun. 30, 2021	Jun. 30, 2020
Statement of Financial Position [Abstract]
Debt securities available for sale, at fair value, amortized cost	$ 154,493	$ 124,918
Preferred stock par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock shares authorized (in shares)	10,000,000	10,000,000
Preferred stock shares issued (in shares)	0	0
Preferred stock shares outstanding (in shares)	0	0
Common stock par value (in dollars per share)	$ 0.01	$ 0.01
Common stock shares authorized (in shares)	60,000,000	60,000,000
Common stock shares issued (in shares)	16,636,483	17,021,357
Common stock shares outstanding (in shares)	16,636,483	17,021,357

Consolidated Statements of Income - USD ($) $ in Thousands	12 Months Ended
Consolidated Statements of Income - USD ($) $ in Thousands	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Interest and dividend income
Loans	$ 111,798	$ 122,174	$ 121,903
Commercial paper and interest-bearing deposits	2,573	7,699	8,278
Debt securities available for sale	2,024	3,687	3,443
Other investments	2,338	2,694	3,590
Total interest and dividend income	118,733	136,254	137,214
Interest expense
Deposits	9,370	22,837	15,757
Borrowings	6,041	9,313	14,626
Total interest expense	15,411	32,150	30,383
Net interest income	103,322	104,104	106,831
Provision (benefit) for credit losses	(7,135)	8,500	5,700
Net interest income after provision (benefit) for credit losses	110,457	95,604	101,131
Noninterest income
Service charges and fees on deposit accounts	9,083	9,382	9,611
Loan income and fees	2,208	2,494	1,422
Gain on sale of loans held for sale	17,352	9,946	6,218
BOLI income	2,156	2,246	2,103
Operating lease income	5,601	3,356	936
Other, net	3,421	2,908	2,650
Total noninterest income	39,821	30,332	22,940
Noninterest expense
Salaries and employee benefits	62,956	56,709	52,291
Net occupancy expense	9,521	9,228	9,454
Computer services	9,607	8,153	7,664
Telephone, postage, and supplies	3,122	3,275	3,040
Marketing and advertising	1,626	1,872	1,853
Deposit insurance premiums	1,799	900	1,426
Loss (gain) on sale and impairment of REO	(65)	536	439
REO expense	647	939	874
Core deposit intangible amortization	735	1,421	2,029
Branch closure and restructuring expenses	1,513	0	0
Prepayment penalties on borrowings	22,690	0	0
Other	17,031	14,096	11,064
Total noninterest expense	131,182	97,129	90,134
Income before income taxes	19,096	28,807	33,937
Income tax expense	3,421	6,024	6,791
Net income	$ 15,675	$ 22,783	$ 27,146
Net income per common share:
Basic (in dollars per share)	$ 0.96	$ 1.34	$ 1.52
Diluted (in dollars per share)	$ 0.94	$ 1.30	$ 1.46
Average shares outstanding:
Basic (in shares)	16,078,066	16,729,056	17,692,493
Diluted (in shares)	16,495,115	17,292,239	18,393,184

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Statement of Comprehensive Income [Abstract]
Net income	$ 15,675	$ 22,783	$ 27,146
Unrealized holding gains (losses) on debt securities available for sale
Gains (losses) arising during the period	(653)	1,667	3,027
Deferred income tax benefit (expense)	150	(383)	(696)
Total other comprehensive income (loss)	(503)	1,284	2,331
Comprehensive Income	$ 15,172	$ 24,067	$ 29,477

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

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+ Details

- Definition

Amount after tax and reclassification adjustments of other comprehensive income (loss).

+ References

+ Details

Consolidated Statements of Changes in Stockholders' Equity - USD ($) $ in Thousands	Total	Common Stock	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Unearned ESOP Shares {1}	AOCI Attributable to Parent [Member]	Cumulative-effect adjustment on the change in accounting for share-based payments	Cumulative-effect adjustment on the change in accounting for share-based payments Retained Earnings [Member]
Beginning balance at Jun. 30, 2018	$ 409,242	$ 191	$ 217,480	$ 200,575	$ (7,406)	$ (1,598)
Beginning balance (in shares) at Jun. 30, 2018		19,041,668
Increase (Decrease) in Stockholders' Equity
Net income	27,146			27,146
Cash dividends declared on common stock, $0.31/common share	(3,176)			(3,176)
Stock repurchased	$ (30,638)	$ (11)	(30,627)
Stock repurchased (in shares)		(1,149,785)
Granted restricted stock (in shares)	23,625
Forfeited restricted stock (in shares)		(4,300)
Retired stock	$ (205)		(205)
Retired stock (in shares)		(7,414)
Exercised stock options	1,173		1,173
Exercised stock options (in shares)		80,311
Stock option expense	736		736
Restricted stock expense	865		865
ESOP shares allocated	1,422		893		529
Other comprehensive income	2,331					2,331
Ending balance at Jun. 30, 2019	408,896	$ 180	190,315	224,545	(6,877)	733
Ending balance, shares (in shares) at Jun. 30, 2019		17,984,105
Increase (Decrease) in Stockholders' Equity
Net income	22,783			22,783
Cash dividends declared on common stock, $0.31/common share	(4,552)			(4,552)
Stock repurchased	$ (24,484)	$ (12)	(24,472)
Stock repurchased (in shares)		(1,114,094)
Granted restricted stock (in shares)	56,306
Forfeited restricted stock (in shares)		(3,400)
Retired stock	$ (222)		(222)
Retired stock (in shares)		(8,474)
Exercised stock options	1,541	$ 2	1,539
Exercised stock options (in shares)		106,914
Stock option expense	717		717
Restricted stock expense	1,105		1,105
ESOP shares allocated	1,195		666		529
Other comprehensive income	1,284					1,284
Ending balance at Jun. 30, 2020	$ 408,263	$ 170	169,648	242,776	(6,348)	2,017	$ (13,358)	$ (13,358)
Ending balance, shares (in shares) at Jun. 30, 2020	17,021,357	17,021,357
Increase (Decrease) in Stockholders' Equity
Net income	$ 15,675			15,675
Cash dividends declared on common stock, $0.31/common share	(5,018)			(5,018)
Stock repurchased	$ (16,155)	$ (8)	(16,147)
Stock repurchased (in shares)		(733,347)
Granted restricted stock (in shares)	45,260
Forfeited restricted stock (in shares)		(6,575)
Retired stock	$ (204)		(204)
Retired stock (in shares)		(9,106)
Exercised stock options	4,592	$ 5	4,587
Exercised stock options (in shares)		318,894
Stock option expense	632		632
Restricted stock expense	1,470		1,470
ESOP shares allocated	1,125		596		529
Other comprehensive income	(503)					(503)
Ending balance at Jun. 30, 2021	$ 396,519	$ 167	$ 160,582	$ 240,075	$ (5,819)	$ 1,514
Ending balance, shares (in shares) at Jun. 30, 2021	16,636,483	16,636,483

Consolidated Statements of Changes in Stockholders' Equity (Parentheticals) - $ / shares	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Statement of Stockholders' Equity [Abstract]
Common Stock, dividends, per share, cash paid (in dollars per share)	$ 0.31	$ 0.27	$ 0.18

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Operating activities:
Net income	$ 15,675	$ 22,783	$ 27,146
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Provision (benefit) for credit losses	(7,135)	8,500	5,700
Depreciation	9,499	5,856	4,243
Deferred income tax expense	3,573	5,196	5,346
Net amortization and accretion	(997)	(5,352)	(6,828)
Prepayment penalties paid on borrowings	22,690
Loss (gain) on sale and impairment of REO	(65)	536	439
BOLI income	(2,156)	(2,246)	(2,103)
Gain on sale of loans held for sale	(17,352)	(9,946)	(6,218)
Origination of loans held for sale	(626,934)	(377,741)	(190,870)
Proceeds from sales of loans held for sale	600,784	313,967	174,973
Increase (decrease) in deferred loan costs, net	(72)	(187)	(768)
Increase in accrued interest receivable and other assets	(223)	(4,584)	(4,835)
Core deposit intangible amortization	735	1,421	2,029
ESOP compensation expense	1,125	1,195	1,422
Restricted stock and stock option expense	2,102	1,822	1,601
Decrease (increase) in other liabilities	1,507	(3,280)	(3,649)
Net cash provided by (used in) operating activities	2,756	(42,060)	7,628
Investing activities:
Purchase of debt securities available for sale	(107,988)	(77,228)	(34,675)
Proceeds from maturities of debt securities available for sale	61,470	57,894	38,430
Net proceeds (purchases) of commercial paper	116,227	(57,535)	(5,824)
Purchase of certificates of deposit in other banks	(7,321)	(32,949)	(18,154)
Maturities of certificates of deposit in other banks	22,888	29,265	33,086
Principal repayments of mortgage-backed securities	15,193	14,512	31,627
Net redemptions (purchases) of other investments	15,236	6,432	(3,447)
Proceeds from sale of loans not originated for sale	0	154,870	0
Net decrease (increase) in loans	64,226	(205,693)	(173,754)
Purchase of BOLI	(72)	(164)	(137)
Proceeds from redemption of BOLI	1,307	477	14
Purchase of equipment for operating leases	(9,232)	(13,993)	(16,578)
Purchase of premises and equipment	(16,081)	(2,925)	(2,124)
Proceeds from sale of REO	449	2,102	1,047
Net cash provided by (used in) investing activities	156,302	(124,935)	(150,489)
Financing activities:
Net increase in deposits	169,785	450,291	131,004
Net increase (decrease) in borrowings	(382,690)	(205,000)	45,000
Common stock repurchased	(16,155)	(24,484)	(30,638)
Cash dividends paid	(5,018)	(4,552)	(3,176)
Retired stock	(204)	(222)	(205)
Exercised stock options	4,592	1,541	1,173
Net cash provided by (used in) financing activities	(229,690)	217,574	143,158
Net increase (decrease) in cash and cash equivalents	(70,632)	50,579	297
Cash and cash equivalents at beginning of period	121,622	71,043	70,746
Cash and cash equivalents at end of period	50,990	121,622	71,043
Cash paid during the period for:
Interest	16,446	33,315	28,997
Income taxes	532	1,686	1,549
Noncash transactions:
Unrealized gain (loss) in value of debt securities available for sale, net of income taxes	(503)	1,284	2,331
Transfers of loans to REO	236	46	731
Transfers from loans held for sale to total loans held for investment	27,140	98,288	0
Transfers of loans to held for sale from loans held for investment	0	240,453	5,794
New ROU assets - operating leases	2,586	5,296	0
Transfer of land from premises and equipment to other assets due to the adoption of ASU 2016-02	0	2,052	0
ACL due to the adoption of ASU 2016-13	$ 17,347	$ 0	$ 0

Summary of Significant Accounting Policies

12 Months Ended

Jun. 30, 2021

Accounting Policies [Abstract]

Summary of Significant Accounting Policies

Business

The consolidated financial statements presented in this report include the accounts of HomeTrust Bancshares, Inc., a Maryland corporation (“HomeTrust”), and its wholly-owned subsidiary, HomeTrust Bank (the “Bank”). As used throughout this report, the term the “Company” refers to HomeTrust and its consolidated subsidiary, unless the context otherwise requires. HomeTrust is a bank holding company primarily engaged in the business of planning, directing, and coordinating the business activities of the Bank. The Bank is a North Carolina state chartered bank and provides a wide range of retail and commercial banking products within its geographic footprint, which includes: North Carolina (the Asheville metropolitan area, Greensboro/"Piedmont" region, Charlotte, and Raleigh/Cary), Upstate South Carolina (Greenville), East Tennessee (Kingsport/Johnson City/Bristol, Knoxville, and Morristown) and Southwest Virginia (the Roanoke Valley). The Bank operates under a single set of corporate policies and procedures and is recognized as a single banking segment for financial reporting purposes.

Operating, Accounting and Reporting Considerations related to COVID-19

The COVID-19 pandemic has negatively impacted the global economy. In response to this crisis, the CARES Act was passed by Congress and signed into law on March 27, 2020. The CARES Act provides an estimated $2.2 trillion to fight the COVID-19 pandemic and stimulate the economy by supporting individuals and businesses through loans, grants, tax changes, and other types of relief. Some of the provisions applicable to the Company include, but are not limited to:

• Accounting for Loan Modifications - The CARES Act provides that a financial institution may elect to suspend (i) the requirements under GAAP for certain loan modifications that would otherwise be categorized as a TDR and (ii) any determination that such loan modifications would be considered a TDR, including the related impairment for accounting purposes. The Bank has elected this as a policy change.

• PPP - The CARES Act established the PPP, an expansion of the SBA's 7(a) loan program and the Economic Injury Disaster Loan Program, administered directly by the SBA.

On December 27, 2020, the 2021 Consolidated Appropriations Act was signed into law providing $900 billion in stimulus relief for the COVID-19 pandemic. The legislation extended certain relief provisions from the March CARES Act that were set to expire at the end of 2020. This new legislation extended the relief to financial institutions to suspend TDR assessment and reporting requirements under GAAP for loan modifications to the earlier of 60 days after the national emergency termination date or January 1, 2022. The legislation included additional funding for businesses that did not receive PPP funds under the CARES Act, especially minority- and women-owned businesses. In addition, it allowed businesses another opportunity to borrow PPP funds if they can show losses of 25% or more in 2020 based on their 2020 revenue. At the year ended June 30, 2021, the program’s funds were depleted and subsequently the Company ended its participation.

Also in response to the COVID-19 pandemic, the Board of Governors of the Federal Reserve System, the FDIC, the National Credit Union Administration, the Office of the Comptroller of the Currency, and the Consumer Financial Protection Bureau, in consultation with the state financial regulators (collectively, the “agencies”) issued a joint interagency statement (issued March 22, 2020; revised statement issued April 7, 2020). Some of the provisions applicable to the Company include, but are not limited to:

• Accounting for Loan Modifications - A loan modification that does not meet the conditions of the CARES Act may still qualify as a modification that does not need to be accounted for as a TDR. The agencies confirmed with FASB staff that short-term modifications made on a good faith basis in response to COVID-19 to borrowers who were current prior to any relief are not TDRs. This includes short-term (e.g., six months) modifications such as payment deferrals, fee waivers, extensions of repayment terms, or insignificant delays in payment.

• Past Due Reporting - With regard to loans not otherwise reportable as past due, financial institutions are not expected to designate loans with deferrals granted due to COVID-19 as past due because of the deferral. A loan’s payment date is governed by the due date stipulated in the legal agreement. If a financial institution agrees to a payment deferral, these loans would not be considered past due during the period of the deferral.

• Nonaccrual Status and Charge-offs - While short-term COVID-19 modifications are in effect, these loans generally should not be reported as nonaccrual or as classified.

Effective February 24, 2021, the Biden Administration extended the national emergency declaration for one year due to COVID-19.

See "Note 5 – Loans and Allowance for Credit Losses on Loans" for more information on COVID-19 specific loans that have been modified or in deferral.

Accounting Principles

The accounting and reporting policies of the Company conform to accounting principles generally accepted in the United States (“US GAAP”).

Principles of Consolidation and Subsidiary Activities

The accompanying consolidated financial statements include the accounts of HomeTrust, the Bank, and its wholly-owned subsidiary, WNCSC at or for the years ended June 30, 2021, 2020, and 2019. WNCSC owns office buildings in Asheville, North Carolina that are leased to the Bank. All intercompany items have been eliminated.

Reclassifications

Certain amounts reported in prior periods’ consolidated financial statements have been reclassified to conform to the current presentation. Such reclassifications had no effect on previously reported cash flows, stockholders’ equity or net income.

Use of Estimates in Financial Statements

The preparation of financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Cash and Cash Equivalents

Cash and cash equivalents include cash and interest-bearing deposits with initial terms to maturity of 90 days or less.

Commercial Paper

Commercial paper includes highly liquid short-term debt of investment graded corporations with maturities less than one year. These instruments are typically purchased at a discount based on prevailing interest rates and do not exceed $15,000 per issuer.

Debt Securities

The Company classifies debt securities as trading, available for sale, or held to maturity.

Debt securities available for sale are carried at fair value. These securities are used to execute asset/liability management strategies, manage liquidity, and leverage capital, and therefore may be sold prior to maturity. Adjustments for unrealized gains or losses, net of the income tax effect, are made to accumulated other comprehensive income, a separate component of total stockholders’ equity.

Securities held to maturity are stated at cost, net of unamortized balances of premiums and discounts. When these securities are purchased, the Company intends to and has the ability to hold such securities until maturity.

Management no longer evaluates securities for other than temporary impairment, as ASC Subtopic 326-30, "Financial Instruments—Credit Losses—Available-for-Sale Debt Securities," changes the accounting for recognizing impairment on available-for-sale debt securities. Each quarter management evaluates impairment where there has been a decline in fair value below the amortized cost basis of a security to determine whether there is a credit loss associated with the decline in fair value. See "Adoption of CECL Standard" below for additional details.

Premiums and discounts are amortized or accreted over the life of the security as an adjustment to yield. Dividend and interest income are recognized when earned. Gains or losses on the sale of securities are recognized on a specific identification, trade date basis.

Loans

Portfolio loans are carried at their outstanding principal amount, less unearned income and deferred nonrefundable loan fees, net of certain origination costs. Interest income is recorded as earned on an accrual basis based on the contractual rate and the outstanding balance, except for nonaccruing loans where interest is recorded as earned on a cash basis. Net deferred loan origination fees/costs are deferred and amortized to interest income over the life of the related loan.

Loan Segments and Classes

The Company’s loan portfolio is grouped into two segments (commercial loans and retail consumer loans) and into various classes within each segment. The Company originates, services, and manages its loans based on these segments and classes. The Company’s portfolio segments and classes within those segments are subject to risks that could have an adverse impact on the credit quality of the loan portfolio. Management identified the risks described below as significant risks that are generally similar among the loan segments and classes.

Commercial Loan Segment

The Company’s commercial loans are centrally underwritten based primarily on the customer’s ability to generate the required cash flow to service the debt in accordance with the contractual terms and conditions of the loan agreement. The Company’s commercial lenders and underwriters work to understand the borrower’s businesses and management experiences. The majority of the Company’s commercial loans are secured by collateral, so collateral values are important to the transaction. In commercial loan transactions where the principals or other parties provide personal guarantees, the Company’s commercial lenders and underwriters analyze the relative

financial strength and liquidity of each guarantor. Risks that are common to the Company’s commercial loan classes include general economic conditions, demand for the borrowers’ products and services, the personal circumstances of the principals, and reductions in collateral values. In addition to these common risks for the Company’s commercial loans, the various commercial loan classes also have certain risks specific to them.

Construction and development loans are highly dependent on the supply and demand for commercial real estate in the Company’s markets as well as the demand for the newly constructed residential and commercial properties and lots being developed by the Company’s commercial loan customers. Prolonged deterioration in demand could result in significant decreases in the underlying collateral values and make repayment of the outstanding loans more difficult for the Company’s commercial borrowers.

Commercial real estate and commercial and industrial loans are primarily dependent on the ability of the Company’s commercial loan customers to achieve business results consistent with those projected at loan origination resulting in cash flow sufficient to service the debt. To the extent that a borrower’s actual business results significantly underperform the original projections, the ability of that borrower to service the Company’s loan on a basis consistent with the contractual terms may be at risk. While these loans and leases are generally secured by real property, personal property, or business assets such as inventory or accounts receivable, it is possible that the liquidation of the collateral will not fully satisfy the obligation.

Municipal leases are primarily made to volunteer fire departments and depend on the tax revenues received from the county or municipality. These leases are mainly secured by vehicles, fire stations, land, or equipment. The underwriting of the municipal leases is based on the cash flows of the fire department as well as projections of future income.

Equipment finance is primarily made up of commercial finance agreements and commercial loans and leases provided by our new Equipment Finance line of business, and primarily for transportation, construction, and manufacturing equipment. The loans have terms on average of five years or less and are secured by the financed equipment.

PPP loans are an expansion of the SBA's 7(a) loan program and the Economic Injury Disaster Loan Program, administered directly by the SBA and as a result of the CARES Act passed by Congress in response to the COVID-19 pandemic. The PPP loans are low interest notes to small business customers to cover payroll expenses and to a lesser extent other various expense ranging from interest on mortgage obligations, rent, utilities, and interest on outstanding debt. The loans are intended to be forgivable if the borrower maintains employees and complies with the CARES Act.

Retail Consumer Loan Segment

The Company underwrites its retail consumer loans using automated credit scoring and analysis tools. These credit scoring tools take into account factors such as payment history, credit utilization, length of credit history, types of credit currently in use, and recent credit inquiries. To the extent that the loan is secured by collateral, the value of the collateral is also evaluated. Common risks to each class of retail consumer loans include general economic conditions within the Company’s markets, such as unemployment and potential declines in collateral values, and the personal circumstances of the borrowers. In addition to these common risks for the Company’s retail consumer loans, various retail consumer loan classes may also have certain risks specific to them.

One-to-four family and construction and land/lot loans are to individuals and are typically secured by one-to-four family residential property, undeveloped land, and partially developed land in anticipation of pending construction of a personal residence. Significant and rapid declines in real estate values can result in residential mortgage loan borrowers having debt levels in excess of the current market value of the collateral, which can lead to higher levels of foreclosures. Construction and land/lot loans may experience delays in completion and cost overruns that exceed the borrower’s financial ability to complete the project. Such cost overruns can result in foreclosure of partially completed and unmarketable collateral.

Originated home equity lines of credit are often secured by second liens on residential real estate, thereby making such loans particularly susceptible to declining collateral values. A substantial decline in collateral value could render the Company’s second lien position to be effectively unsecured. Additional risks include lien perfection inaccuracies and disputes with first lien holders that may further weaken collateral positions. Further, the open-end structure of these loans creates the risk that customers may draw on the lines in excess of the collateral value if there have been significant declines since origination. From time to time, the Company purchases certain HELOCs from a third party. The credit risk characteristics are different for these loans since they were not originated by the Company and the collateral is located outside the Company’s market area, primarily in several western states. The Company established an allowance for credit losses based on the historical losses of the portfolio. The Company monitors the performance of these loans and adjusts the allowance for credit losses as necessary.

Indirect auto finance loans are primarily for new and used personal automobiles originated by franchised and independent auto dealers within the Company's geographic footprint. The bank-dealer relationship is governed by contract, which provides warranties and representations, payment schedules, and rights and remedies upon breach. The underwriting process and standards are maintained by the Company and implemented via an automated decision tool, which incorporates the borrower's credit score, loan to value ratio, and terms of the loan to determine the borrower's creditworthiness.

Consumer loans include loans secured by deposit accounts or personal property such as automobiles, boats, and motorcycles, as well as unsecured consumer debt. The value of underlying collateral within this class is especially volatile due to potential rapid depreciation in values since date of loan origination in excess of principal repayment.

Credit Quality Indicators

Loans are monitored for credit quality on a recurring basis and the composition of the loans outstanding by credit quality indicator is provided below. Loan credit quality indicators are developed through review of individual borrowers on an ongoing basis. Generally, loans are monitored for performance on a quarterly basis with the credit quality indicators adjusted as needed. The indicators represent the rating for loans as of the date presented based on the most recent assessment performed. These credit quality indicators are defined as follows:

Pass—A pass rated asset is not adversely classified because it does not display any of the characteristics for adverse classification.

Special Mention—A special mention asset has potential weaknesses that deserve management’s close attention. If left uncorrected, such potential weaknesses may result in deterioration of the repayment prospects or collateral position at some future date. Special mention assets are not adversely classified and do not warrant adverse classification.

Substandard—A substandard asset is inadequately protected by the current net worth and paying capacity of the obligor, or of the collateral pledged, if any. Assets classified as substandard generally have a well-defined weakness, or weaknesses, that jeopardize the liquidation of the debt. These assets are characterized by the distinct possibility of loss if the deficiencies are not corrected.

Doubtful—An asset classified doubtful has all the weaknesses inherent in an asset classified substandard with the added characteristic that the weaknesses make collection or liquidation in full highly questionable and improbable, on the basis of currently existing facts, conditions, and values.

Loss—Assets classified loss are considered uncollectible and of such little value that their continuing to be carried as an asset is not warranted. This classification is not necessarily equivalent to no potential for recovery or salvage value, but rather that it is not appropriate to defer a full write-off even though partial recovery may be effected in the future.

Loans Held for Sale

Residential mortgages held for sale are valued at the lower of cost or fair value as determined by outstanding commitments from investors on a “best efforts” basis or current investor yield requirements, calculated on the aggregate loan basis.

The Company originates loans guaranteed by the SBA for the purchase of businesses, business startups, business expansion, equipment, and working capital. All SBA loans are underwritten and documented as prescribed by the SBA. SBA loans are generally fully amortizing and have maturity dates and amortizations of up to 25 years. SBA loans are classified as held for sale and are carried at the lower of cost or fair value. The guaranteed portion of the loan is sold and the servicing rights are retained. At the time of the sale, an asset is recorded for the value of the servicing rights and is amortized over the remaining life of the loan on the effective interest method. The servicing asset is included in other assets and the corresponding servicing fees are recorded in noninterest income. A gain is recorded for any premium received in excess of the carrying value of the net assets transferred in the sale and is also included in noninterest income. The portion of SBA loans that are retained are adjusted to fair value and reclassified total loans, net of deferred costs (loans held for investment). The net value of the retained loans is included in the appropriate loan classification for disclosure purposes.

Beginning in fiscal year 2019, the Company began originating HELOCs through a third party. These loans are originated in various states outside the Company's geographic footprint, but are underwritten to the Company's underwriting guidelines. The loans are held for sale by the Company over a 90 to 180 day period and are serviced by the third party. The loans are marketed by the third party to investors in pools and once sold the Company recognizes a gain or loss on the sale.

Allowance for Credit Losses

See "Adoption of CECL standard" below for details.

Nonperforming Assets

Nonperforming assets can include loans that are past due 90 days or more based on the loan’s contractual terms and continue to accrue interest, loans on which interest is not being accrued, and REO.

Loans Past Due 90 Days or More, Nonaccruing, Impaired, or Restructured

The Company’s policies related to when loans are placed on nonaccruing status conform to guidelines prescribed by bank regulatory authorities. Generally, the Company suspends the accrual of interest on loans (i) that are maintained on a cash basis because of the deterioration of the financial condition of the borrower, (ii) for which payment in full of principal or interest is not expected (impaired loans), or (iii) on which principal or interest has been in default for a period of 90 days or more, unless the loan is both well secured and in the process of collection. Under the Company’s cost recovery method, interest income is subsequently recognized only to the extent cash payments are received in excess of principal due. Loans are returned to accruing status when all principal and interest amounts contractually due are brought current and concern no longer exists as to the future collectability of principal and interest, which is generally confirmed when the loan demonstrates performance for six consecutive months or payment cycles.

Restructured loans to borrowers who are experiencing financial difficulty, and on which the Company has granted concessions that modify the terms of the loan, are accounted for as troubled debt restructurings (“TDRs”). These loans remain as TDRs until the loan has been paid in full, modified to its original terms, or charged off. The Company may place these loans on accrual or nonaccrual status depending on the individual facts and circumstances of the borrower. Generally, these loans are put on nonaccrual status until there is adequate performance that evidences the ability of the borrower to make the contractual payments. This period of performance is normally at least six months, and may include performance immediately prior to or after the modification, depending on the specific facts and circumstances of the borrower.

Loan Charge-offs

The Company charges off loan balances, in whole or in part to net realizable value or fair value less costs to sell, when available, verifiable, and documentable information confirms that specific loans, or portions of specific loans, are uncollectible or unrecoverable. For unsecured loans, losses are confirmed when it can be determined that the borrower, or any guarantors, are unwilling or unable to pay the amounts as agreed. When the borrower, or any guarantor, is unwilling or unable to pay the amounts as agreed on a loan secured by collateral and any recovery will be realized upon the sale of the collateral, the loan is deemed to be collateral dependent. Repayments or recoveries for collateral dependent loans are directly affected by the value of the collateral at liquidation. As such, loan repayment can be affected by factors that influence the amount recoverable, the timing of the recovery, or a combination of the two. Such factors include economic conditions that affect the markets in which the loan or its collateral is sold, bankruptcy, repossession and foreclosure laws, and consumer banking regulations. Losses are also confirmed when the loan, or a portion of the loan, is classified as loss resulting from loan reviews conducted by the Company or its bank regulatory examiners.

Charge-offs of loans in the commercial loan segment are recognized when the uncollectibility of the loan balance and the inability to recover sufficient value from the sale of any collateral securing the loan is confirmed. The uncollectibility of the loan balance is evidenced by the inability of the commercial borrower to generate cash flows sufficient to repay the loan as agreed causing the loan to become delinquent. For collateral dependent commercial loans, the Company determines the net realizable value of the collateral based on appraisals, current market conditions, and estimated costs to sell the collateral. For collateral dependent commercial loans where the loan balance, including any accrued interest, net deferred fees or costs, and unamortized premiums or discounts, exceeds the net realizable value of the collateral securing the loan, the deficiency is identified as unrecoverable, is deemed to be a confirmed loss, and is charged off.

Charge-offs of loans in the retail consumer loan segment are generally confirmed and recognized in a manner similar to charge-offs of loans in the commercial loan segment. Secured retail consumer loans that are identified as uncollectible and are deemed to be collateral dependent are confirmed as loss to the extent the net realizable value of the collateral is insufficient to recover the loan balance. Consumer loans not secured by real estate that become 90 days past due are charged off to the extent that the fair value of any collateral, less estimated costs to sell the collateral, is insufficient to recover the loan balance. Consumer loans secured by real estate that become 120 days past due are charged off to the extent that the fair value of the real estate securing the loan, less estimated costs to sell the collateral, is insufficient to recover the loan balance. Loans to borrowers in bankruptcy are subject to modification by the bankruptcy court and are charged off to the extent that the fair value of any collateral securing the loan, less estimated costs to sell the collateral, is insufficient to recover the loan balance, unless the Company expects repayment is likely to occur. Such loans are charged off within 60 days of the receipt of notification from a bankruptcy court or when the loans become 120 days past due, whichever is shorter.

Real Estate Owned

REO consists of real estate acquired as a result of customers’ loan defaults. REO is stated at the fair value of the property net of the estimated costs of disposal with a charge to the allowance for credit losses upon foreclosure, if necessary. Any write-downs subsequent to foreclosure are charged against operating earnings. To the extent recoverable, costs relating to the development and improvement of property are capitalized, whereas those costs relating to holding the property are charged to expense.

Premises and Equipment

Premises and equipment are stated at cost less accumulated depreciation. Depreciation is computed using the straight-line method over the estimated useful lives. Leasehold improvements are amortized over the lives of the respective leases or the estimated useful life of the leasehold improvement, whichever is less. Maintenance and repair costs are expensed as incurred. Capitalized leases are amortized using the same methods as premises and equipment over the estimated useful lives or lease terms, whichever is less. Obligations under capital leases are amortized using the interest method to allocate payments between principal reduction and interest expense.

Other Investments, At Cost

As a requirement for membership, the Bank invests in the stock of both the FHLB of Atlanta and the FRB. No ready market exists for these securities so carrying value, or cost, approximates their fair value based on the redemption provisions of the FHLB of Atlanta and the FRB, respectively. SBIC investments are equity securities without a readily determinable fair value and are recorded at cost.

Business Combinations

The Company uses the acquisition method of accounting for all business combinations. An acquirer must be identified for each business combination, and the acquisition date is the date the acquirer achieves control. The acquisition method of accounting requires the Company as acquirer to recognize the fair value of assets acquired and liabilities assumed at the acquisition date as well as recognize goodwill or a gain from a bargain purchase, if appropriate. Any acquisition-related costs and restructuring costs are recognized as period expenses as incurred.

Goodwill

Goodwill represents the excess of the purchase price over the sum of the estimated fair values of the tangible and identifiable intangible assets acquired less the estimated fair value of the liabilities assumed in a business combination. Goodwill has an indefinite useful life and is evaluated for impairment annually in the fourth quarter or more frequently if events and circumstances indicate that the asset might be impaired. An impairment loss is recognized to the extent that the carrying amount exceeds the asset’s fair value.

In testing goodwill for impairment, we have the option to assess either qualitative or quantitative factors to determine whether the existence of events or circumstances leads to a determination that it is more likely than not that the estimated fair value of a reporting unit is less than its carrying amount. If we elect to perform a qualitative assessment and determine that an impairment is more likely than not, we are then required to perform a quantitative impairment test, otherwise no further analysis is required.

Under the quantitative impairment test, the evaluation involves comparing the current fair value of each reporting unit to its carrying value, including goodwill. If the estimated fair value of a reporting unit exceeds its carrying value, goodwill is considered not to be impaired. If the carrying value exceeds estimated fair value an impairment charge is recognized for the difference, but limited by the amount of goodwill allocated to the reporting unit. The Company uses a combination of the market and income approaches to estimate the fair value of its reporting unit when the quantitative impairment approach is chosen or required. All inputs are evaluated by management at the evaluation date of April 1st and reviewed again each reporting period for triggering events to ensure no significant changes occurred that could indicate impairment. Subsequent reversal of goodwill impairment losses is not permitted.

Core Deposit Intangibles

Core deposit intangibles represent the estimated value of long-term deposit relationships acquired in business combinations. These core deposit premiums are amortized using an accelerated method over the estimated useful lives of the related deposits typically between five and ten years. The estimated useful lives are periodically reviewed for reasonableness.

Income Taxes

The Company accounts for income taxes using the asset and liability method. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and operating loss and tax credit carryforwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. Deferred tax assets are reduced, if necessary, by the amount of such benefits that are not expected to be realized based upon available evidence. See Note 12 for additional information.

The Company recognizes interest and penalties accrued relative to unrecognized tax benefits in its respective federal or state income taxes accounts. As of June 30, 2021 and 2020, there were no accruals for uncertain tax positions and no accruals for interest and penalties. The Company is no longer subject to examination for federal and state purposes for tax years prior to 2017.

Employee Benefit Plans

The KSOP is comprised of two components, the 401(k) Plan and the ESOP. The KSOP benefits employees with at least 1,000 hours of service during a 12-month period and who have attained age 21.

Under the 401(k), the Company matches employee contributions at 50% of employee deferrals up to 6% of each employee’s compensation. The Company may also make discretionary profit sharing contributions for the benefit of all eligible participants as long as total contributions do not exceed applicable limitations. Employer contributions vest in 20% increments for years two through six, becoming fully vested after six years of service, based on the employee's entry date.

Under the ESOP, the amount of the Bank's annual contribution is discretionary; however, it must be sufficient to pay the annual loan payment to the Company. Shares released are allocated to each eligible participant based on the ratio of each participant’s compensation, as defined in the ESOP, to the total compensation of all eligible plan participants. Forfeited shares are reallocated among other participants in the Plan. At the discretion of the Bank, cash dividends, when paid on allocated shares, are distributed to participants’ accounts, paid in cash to the participants, or used to repay the principal and interest on the ESOP loan used to acquire Company stock on which dividends were paid. Cash dividends on unallocated shares are used to repay the outstanding debt of the ESOP. It is anticipated that the Bank will make contributions to the ESOP in amounts necessary to amortize the ESOP loan payable to the Company over a 20-year period. Unearned ESOP shares are shown as a reduction of stockholders’ equity. The Company recognizes compensation expense equal to the fair value of the Company’s ESOP shares during the periods in which they become committed to be released. To the extent that the fair value of the Company’s ESOP shares differs from the cost of such shares, the differential is recognized as additional paid in capital. The Company recognizes a tax deduction equal to the cost of the shares released. Because the ESOP is internally leveraged through a loan from the Company to the ESOP, the loan receivable by the Company from the ESOP is not reported as an asset nor is the debt of the ESOP shown as a liability in the consolidated financial statements.

See Note 13 for additional information.

Equity Incentive Plan

The Company issues restricted stock, restricted stock units, and stock options under the HomeTrust Bancshares, Inc. 2013 Omnibus Incentive Plan (“2013 Omnibus Incentive Plan”) to key officers and outside directors. In accordance with the requirements of the FASB ASC 718, Compensation – Stock Compensation, the Company has adopted a fair value based method of accounting for employee stock compensation plans, whereby compensation cost is measured based on the fair value of the award as of the grant date and recognized over the vesting period. The Company accounts for forfeitures as they occur.

Comprehensive Income

Comprehensive income consists of net income and net unrealized gains (losses) on debt securities available for sale and is presented in the consolidated statements of comprehensive income.

Derivative Instruments and Hedging

The Company recognizes all derivatives as either assets or liabilities in the balance sheet, and measures those instruments at fair value. Changes in the fair value of those derivatives are reported in current earnings or other comprehensive income depending on the purpose for which the derivative is held and whether the derivative qualifies for hedge accounting. Loan commitments related to the origination or acquisition of mortgage loans that will be held for sale must be accounted for as derivative instruments. The Company enters into commitments to originate loans whereby the interest rate on the loan is determined prior to funding (rate lock commitments). The Company also enters into forward sales commitments for the mortgage loans underlying the rate lock commitments. The fair values of these two derivative financial instruments are collectively insignificant to the consolidated financial statements.

Net Income per Share

Per the provisions of ASC 260, Earnings Per Share, basic EPS are computed by dividing net income by the weighted-average number of common shares outstanding for the year, less the average number of nonvested restricted stock awards. Diluted EPS reflect the potential dilution from the issuance of additional shares of common stock caused by the exercise of stock options and restricted stock awards. In addition, nonvested share-based payment awards that contain nonforfeitable rights to dividends or dividend equivalents are considered participating securities and are included in the computation of EPS pursuant to the two-class method. The two-class method is an earnings allocation formula that determines EPS for each class of common stock and participating security according to dividends declared (or accumulated) and participation rights in undistributed earnings. ESOP shares are considered outstanding for basic and diluted EPS when the shares are committed to be released.

Net income is allocated between the common stock and participating securities pursuant to the two-class method, based on their rights to receive dividends, participate in earnings, or absorb losses. See Note 15 for further discussion on the Company’s EPS.

Adoption of CECL Standard

On July 1, 2020, the Company adopted ASU No. 2016-13, "Financial Instruments-Credit Losses ("Topic 326"): Measurement of Credit Losses on Financial Instruments", sometimes referred to herein as ASU 2016-13. Topic 326 was subsequently amended by ASU No. 2019-11, Codification Improvements to Topic 326, Financial Instruments-Credit Losses; ASU No. 2019-05, Codification Improvements to Topic 326, Financial Instruments-Credit Losses; and ASU No. 2019-04, Codification Improvements to Topic 326, Financial Instruments-Credit Losses, Topic 815, Derivatives and Hedging, and Topic 825, Financial Instruments. This standard applies to all financial assets measured at amortized cost and off balance sheet credit exposures, including loans, debt securities and unfunded commitments. The Company applied the standard’s provisions using the modified retrospective method as a cumulative effect adjustment to retained earnings as of July 1, 2020. With this transition method, the Company did not have to restate comparative prior periods presented in the financial statements related to Topic 326, but will present comparative prior period disclosures using the previous accounting guidance for the allowance for loan losses. This adoption method is considered a change in accounting principle requiring additional disclosure regarding the nature of and reason for the change, which is solely a result of the adoption of the required standard.

ACL – Debt Securities

Management uses a systematic methodology to determine its ACL for debt securities held to maturity. The ACL is a valuation account that is deducted from the amortized cost basis to present the net amount expected to be collected on the held-to-maturity portfolio. Management considers the effects of past events, current conditions, and reasonable and supportable forecasts on the collectability of the portfolio. The Company’s estimate of its ACL involves a high degree of judgment; therefore, management’s process for determining expected credit losses may result in a range of expected credit losses. Management monitors the held-to-maturity portfolio to determine whether a valuation account would need to be recorded. The Company currently has no debt securities held to maturity.

Management excludes the accrued interest receivable balance from the amortized cost basis in measuring expected credit losses on debt securities and does not record an allowance for credit losses on accrued interest receivable. As of June 30, 2021, the accrued interest receivable for debt securities available for sale was $754.

The Company’s estimate of expected credit losses includes a measure of the expected risk of credit loss even if that risk is remote. However, the Company does not measure expected credit losses on a debt security in which historical credit loss information adjusted for current

conditions and reasonable and supportable forecast results in an expectation that nonpayment of the amortized cost basis is zero. Management does not expect nonpayment of the amortized cost basis to be zero solely on the basis of the current value of collateral securing the security but, instead, also considers the nature of the collateral, potential future changes in collateral values, default rates, delinquency rates, third-party guarantees, credit ratings, interest rate changes since purchase, volatility of the security’s fair value and historical loss information for financial assets secured with similar collateral. The Company performed an analysis that determined that the following securities have a zero expected credit loss: U.S. government agencies, residential MBS of U.S. government agencies and GSEs, and municipal bonds. All of the U.S. government agencies and U.S. government agency backed securities have the full faith and credit backing of the United States Government or one of its agencies. Municipal bonds that do not have a zero expected credit loss will be evaluated quarterly to determine whether there is a credit loss associated with a decline in fair value.

Management no longer evaluates securities for credit impairment, as ASC Subtopic 326-30, "Financial Instruments—Credit Losses—Available-for-Sale Debt Securities," changes the accounting for recognizing impairment on available-for-sale debt securities. Each quarter management evaluates impairment where there has been a decline in fair value below the amortized cost basis of a security to determine whether there is a credit loss associated with the decline in fair value. Management considers the nature of the collateral, potential future changes in collateral values, default rates, delinquency rates, third-party guarantees, credit ratings, interest rate changes since purchase, volatility of the security’s fair value and historical loss information for financial assets secured with similar collateral among other factors. Credit losses are calculated individually, rather than collectively, using a DCF method, whereby management compares the present value of expected cash flows with the amortized cost basis of the security. The credit loss component would be recognized through the provision for credit losses in the Consolidated Statements of Income.

ACL - Loans and Leases

The ACL reflects management’s estimate of losses that will result from the inability of its borrowers to make required loan payments. The Company established the incremental increase in the ACL at adoption of the CECL standard through the cumulative effect adjustment to equity and subsequent adjustments will be made through a provision for credit losses charged against earnings. Management records loans charged off against the ACL and subsequent recoveries, if any, increase the ACL when they are recognized.

Management uses a systematic methodology to determine its ACL for loans held for investment and certain off-balance-sheet credit exposures. The ACL is a valuation account that is deducted from the amortized cost basis to present the net amount expected to be collected on the loan portfolio. Management considers the effects of past events, current conditions, and reasonable and supportable forecasts on the collectability of the loan portfolio. The Company’s estimate of its ACL involves a high degree of judgment; therefore, management’s process for determining expected credit losses may result in a range of expected credit losses. The Company’s ACL recorded in the balance sheet reflects management’s best estimate within the range of expected credit losses. The Company recognizes in net income the amount needed to adjust the ACL for management’s current estimate of expected credit losses. The Company’s ACL is calculated using collectively evaluated and individually evaluated loans.

The Company collectively evaluates loans that share similar risk characteristics. In general, management has segmented loans by regulatory call code category and collectively evaluates loans within the retail and commercial categories. Loans within the retail consumer category include: one-to-four family, HELOCs - originated, HELOCs - purchased, construction and land/lots, indirect auto finance, and consumer. Loans within the commercial category include: commercial real estate, construction and development, commercial and industrial, equipment finance, and municipal leases.

For collectively evaluated loans, the Company uses a DCF method for each loan in a pool, and the results are aggregated at the pool level. A periodic tendency to default and absolute loss given default are applied to a projective model of the pool’s cash flow while considering prepayment and principal curtailment effects. The analysis produces expected cash flows for each instrument in the pool by pairing loan-level term information (maturity date, payment amount, interest rate, etc.) with top-down pool assumptions (default rates, prepayment speeds). The Company has identified the following portfolio segments for the current calculation: one-to-four family construction, one-to-four family mortgage – jr. lien, one-to-four family mortgage – sr. lien, commercial and industrial, commercial leases, construction – multi-family, construction – non-owner-occupied, construction – owner occupied, consumer – auto, consumer – other, consumer – revolving, farmland, land and lot, multifamily, municipal leases, non-owner-occupied CRE, owner occupied CRE, and HELOCs. PPP loans are fully guaranteed by the SBA; therefore, management estimates a zero reserve for PPP loans within its allowance for credit losses.

Management has determined that the peer loss experience provides the best basis for its assessment of expected credit losses to determine the ACL. The Company utilized peer call report data to measure historical credit loss experience with similar risk characteristics within the segments over an economic cycle. Management reviewed the historical loss information to appropriately adjust for differences in current asset specific risk characteristics. Management also considered further adjustments to historical loss information for current conditions and reasonable and supportable forecasts that differ from the conditions that existed for the period over which historical information was evaluated. For all segment models for collectively evaluated loans (except for HELOCs), the Company incorporated one macroeconomic driver using a statistical regression modeling methodology. The HELOC segment incorporated two macroeconomic drivers. Due to the low loss rates of municipal leases and the expectation of them remaining low, management has elected to separately pool these loans. Management has elected to use readily available municipal default rates and loss given defaults in order to calculate expected credit losses.

Management considers forward-looking information in estimating expected credit losses. The Company uses the Fannie Mae quarterly economic forecast which is a baseline outlook for the United States economy. Management has evaluated the appropriateness of the reasonable and supportable forecast for the current period along with the inputs used in the estimation of expected credit losses. For the

contractual term that extends beyond the reasonable and supportable forecast period, the Company reverts to historical loss information within four quarters using a straight-line approach. Management may apply different reversion techniques depending on the economic environment for the financial asset portfolio and as of the current period has utilized a linear reversion technique. Management has evaluated the appropriateness of a reversion period for the current period and noted that it was reasonable.

Included in its systematic methodology to determine its ACL for loans held for investment and certain off-balance-sheet credit exposures, management considers the need to qualitatively adjust expected credit losses for risks not already captured in the loss estimation process. These qualitative adjustments can either increase or decrease the quantitative model estimation (i.e. formulaic model results). Each period the Company considers qualitative factors that are relevant within the qualitative framework that include the following: 1) lending policies and procedures, 2) credit review function, 3) experience and depth of management and staff, 4) external factors, and 5) actual and expected changes in economic and business conditions.

When a loan no longer shares similar risk characteristics with its segment, the asset is assessed to determine whether it should be included in another pool or should be individually evaluated. For these individually evaluated loans, the Company maintains specific book balance thresholds for retail or consumer loans, commercial loans, municipal and equipment leases, and unsecured commercial loans. Management would adjust these thresholds if future analysis suggests a change is needed based on the credit environment at that time. Generally, individually evaluated loans other than TDRs are on nonaccrual status. Based on the thresholds above, financial assets will generally remain in pools unless they meet the dollar threshold or foreclosure is expected. The expected credit losses on individually evaluated loans will be estimated based on DCF analysis unless the loan meets the criteria for use of the fair value of collateral, either by virtue of an expected foreclosure or through meeting the definition of collateral dependent. Financial assets that have been individually evaluated can be returned to a pool for purposes of estimating the expected credit loss insofar as their credit profile improves and that the repayment terms are not considered to be unique to the asset.

Management measures expected credit losses over the contractual term of the loans. When determining the contractual term, the Company considers expected prepayments but is precluded from considering expected extensions, renewals, or modifications, unless the Company reasonably expects it will execute a TDR with a borrower. In the event of a reasonably-expected TDR, the Company factors the reasonably-expected TDR into the current expected credit losses estimate. The effects of a TDR are recorded when an individual asset is specifically identified as a reasonably-expected TDR. The Company identifies the point at which it offers the modification to the borrower as the point at which the TDR is reasonably expected for both commercial and consumer loans. The Company uses a DCF methodology to calculate the effect of the concession provided to the borrower in TDR within the ACL.

PCD assets are defined as acquired individual financial assets (or acquired groups of financial assets with similar risk characteristics) that, as of the date of acquisition, have experienced a more-than-insignificant deterioration in credit quality since origination, as determined by the Company’s assessment. The Company records acquired PCD loans by adding the expected credit losses (i.e., ACL) to the purchase price of the financial assets rather than recording through the provision for credit losses in the income statement. The expected credit loss, as of the acquisition day, of a PCD loan is added to the ACL. The non-credit discount or premium is the difference between the unpaid principal balance and the amortized cost basis as of the acquisition date. Subsequent to the acquisition date, the change in the ACL on PCD loans is recognized through the provision for credit losses. The non-credit discount or premium is accreted or amortized, respectively, into interest income over the remaining life of the PCD loan on a level-yield basis. In accordance with the transition requirements within the standard, the Company’s PCI loans were treated as PCD loans.

The Company follows its nonaccrual policy by reversing contractual interest income in the income statement when the Company places a loan on nonaccrual status. Therefore, management excludes the accrued interest receivable balance from the amortized cost basis in measuring expected credit losses on the portfolio and does not record an ACL on accrued interest receivable.

The Company has a variety of assets that have a component that qualifies as an off-balance sheet exposure. These primarily include undrawn portions of revolving lines of credit and standby letters of credit. The expected losses associated with these exposures within the unfunded portion of the expected credit loss will be recorded as a liability on the balance sheet with an offset to the provision for credit losses. Management has determined that a majority of the Company’s off-balance-sheet credit exposures are not unconditionally cancellable. See "Note 5 – Loans and Allowance for Credit Losses on Loans" for additional details related to the Company's off-balance-sheet credit exposure. The current adjustment to the ACL for unfunded commitments would be recognized through the provision for credit losses in the Statement of Income.

Recent Accounting Pronouncements

In June 2016, the FASB issued ASU No. 2016-13, "Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments." The ASU 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. The Company adopted this ASU on July 1, 2020, applying the modified-retrospective method. Related to the implementation of this ASU, the Company recorded additional ACL on financial instruments of $15,059, additional deferred tax assets of $3,989, additional reserve for unfunded commitments of $2,288, and a reduction to retained earnings of $13,358. The adoption of this ASU did not have an effect on AFS debt securities. See "Adoption of CECL Standard" above and "Note 5 – Loans and Allowance for Credit Losses on Loans" for additional details related to the adoption of this ASU.

See table below for impact of this ASU on the Company's consolidated balance sheet:


	July 1, 2020
	As Reported Under ASC 326		Pre-ASC 326 Adoption		Impact of ASC 326 Adoption
Assets:
ACL on commercial paper	$	(250)	$	—	$	(250)


ACL on loans:
Retail consumer loans	$	(17,692)	$	(6,956)	$	(10,736)
Commercial loans	(25,189)		(21,116)		(4,073)
Total ACL on loans	$	(42,881)	$	(28,072)	$	(14,809)

Deferred income taxes	$	20,323	$	16,334	$	3,989

Liabilities:
Liability for credit losses on off-balance sheet credit exposures	$	2,288	$	—	$	2,288

Equity:
Retained earnings	$	229,418	$	242,776	$	(13,358)

In August 2018, the FASB issued ASU 2018-13, "Fair Value Measurement (Topic 820): Disclosure Framework-Changes to the Disclosure Requirements for Fair Value Measurement." The amendments in this ASU remove, modify, and add certain disclosure requirements related to fair value measurements in ASC 820. The Company adopted this ASU on July 1, 2020. The adoption did not have a material effect on the Company's Consolidated Financial Statements.

In November 2018, the FASB issued ASU 2018-19, "Codification Improvements to Topic 326, Financial Instruments—Credit Losses." This update clarifies that receivables arising from operating leases are not within the scope of Subtopic 326-20. Instead, impairment of receivables arising from operating leases should be accounted for in accordance with Topic 842, Leases. The Company adopted this ASU on July 1, 2020. The adoption did not have a material effect on the Company's Consolidated Financial Statements.

In April 2019, the FASB issued ASU 2019-04, "Codification Improvements to Topic 326, Financial Instruments-Credit Losses, Topic 815, Derivatives and Hedging, and Topic 825, Financial Instruments." The amendments in this update are part of the FASB's ongoing project to improve codification and correcting unintended application. The items within this ASU are not expected to have a significant effect on current accounting practice. The Company adopted the amendments to Financial Instruments (ASU 2016-01) on July 1, 2020. The Company adopted the amendments to Financial Instruments-Credit Losses (ASU 2016-13) on July 1, 2020. The Company adopted the amendments to Derivatives and Hedging (ASU 2017-12) on July 1, 2019. The adoption did not have a material effect on the Company's Consolidated Financial Statements.

In May 2019, the FASB issued ASU 2019-05, "Financial Instruments - Credit Losses (Topic 326): Targeted Transition Relief." The amendments in this update allow companies to irrevocably elect, upon the adoption of ASU 2016-13, the fair value option for financial instruments that i) were previously recorded at amortized cost and ii) are within the scope of the credit losses guidance in ASC 326-20, iii) are eligible for the fair value option under ASC 825-10, and iv) are not held-to-maturity debt securities. The Company adopted this ASU on July 1, 2020. The adoption did not have a material effect on the Company's Consolidated Financial Statements.

In November 2019, the FASB issued ASU 2019-11, "Codification Improvements to Topic 326, Financial Instruments-Credit Losses." This ASU clarifies certain aspects of the amendments in ASU 2016-13 and is part of the FASB's ongoing project to improve codification and correcting unintended application. The items within this ASU are not expected to have a significant effect on current accounting practice. The Company adopted this ASU on July 1, 2020. The adoption did not have a material effect on the Company's Consolidated Financial Statements.

In December 2019, the FASB issued ASU 2019-12, "Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes." This ASU is part of the FASB's simplification initiative to reduce complexity in accounting standards. The items within this ASU are not expected to have a significant effect on current accounting practice. The effective date and transition requirements for the first and second items of this ASU are effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2020 and early adoption is permitted. The adoption of ASU No. 2019-12 is not expected to have a material impact on the Company's Consolidated Financial Statements.

In January 2020, the FASB issued ASU 2020-01, "Investment—Equity Securities (Topic 321), Investments—Equity Method and Joint Ventures (Topic 323), and Derivatives and Hedging (Topic 815): Clarifying the Interactions between Topic 321, Topic 323, and Topic 815." This ASU clarified the interaction of the accounting for equity securities under Topic 321 and investments accounted for under the equity method of accounting in Topic 323 and the accounting for certain forward contracts and purchased options accounted for under Topic 815. The amendments in this ASU are effective for annual periods, and interim periods within those annual periods, beginning after December 15,

2021 and early adoption is permitted. The adoption of this ASU is not expected to have a material impact on the Company's Consolidated Financial Statements.

In March 2020, the FASB issued ASU 2020-03, "Codification Improvements to Financial Instruments." This ASU makes certain narrow-scope amendments to the following: i) clarified that all entities are required to provide fair value option disclosures; ii) clarified the applicability of the portfolio exception in ASC 820 to nonfinancial items; iii) aligned disclosures for depository and lending institutions (Topic 942) with guidance in Topic 320; iv) added cross-references to guidance in ASC 470-50 on line-of-credit or revolving-debt arrangements; v) added cross-references to net asset value practical expedient in ASC 820-10; vi) clarified the interaction between ASC 842 and ASC 326; and vii) clarified the interaction between ASC 326 and ASC 860-20. The amendments for issues i, ii, iv, and v became effective upon issuance and did not have a material effect on the Company's Consolidated Financial Statements. The Company adopted the amendments related to issue iii, vi, and vii on July 1, 2020. The adoption did not have a material effect on the Company's Consolidated Financial Statements.

In September 2020, the FASB issued ASU 2020-06, "Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging-Contracts in Entity's Own Equity (Subtopic 815-40)." This ASU simplifies the accounting for certain financial instruments with characteristics of liabilities and equity, including convertible instruments and contracts on an entity's own equity. Specifically the ASU removes: i) major separation models required under GAAP and ii) certain settlement conditions that are required for equity contracts to qualify for the derivative scope exception, which will permit more equity contract to qualify for the exception. The amendments in this ASU are effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2021 and early adoption is permitted. The adoption of this ASU is not expected to have a material impact on the Company's Consolidated Financial Statements.

In October 2020, the FASB issued ASU 2020-08, "Codification Improvements to Subtopic 310-20, Receivables—Nonrefundable Fees and Other Costs." This ASU clarified that entities should reevaluate whether a callable debt security is within the scope of paragraph 310-20-35-33 for each reporting period. The amendments in this ASU are effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2020. The adoption of this ASU is not expected to have a material impact on the Company's Consolidated Financial Statements.

In October 2020, the FASB issued ASU 2020-09, "Debt (Topic 470): Amendments to SEC Paragraphs Pursuant to SEC Release No. 33-10762." This ASU updates financial disclosure requirements for subsidiary issuers and guarantors of registered debt securities and affiliates whose securities are pledged as collateral for registered securities. The amendments in this ASU are effective January 4, 2021. The adoption did not have an effect on the Company's Consolidated Financial Statements.

In October 2020, the FASB issued ASU 2020-10, "Codification Improvements." The amendments in this update are part of the FASB's ongoing project to improve codification and correcting unintended application. This ASU, i) removes references to various FASB Concepts Statements, ii) situates all disclosure guidance in the appropriate disclosure section of the Codification, and iii) makes other improvements and technical corrections to the Codification. The items within this ASU are not expected to have a significant effect on current accounting practice. The amendments in this ASU are effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2020 and early adoption is permitted. The adoption of this ASU is not expected to have a material impact on the Company's Consolidated Financial Statements.

Debt Securities

12 Months Ended

Jun. 30, 2021

Investments, Debt and Equity Securities [Abstract]

Debt Securities

Debt securities available for sale consist of the following at the dates indicated:


	June 30, 2021
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair Value
U.S. government agencies	$	18,975	$	135	$	(37)	$	19,073
Residential MBS of U.S. government agencies and GSEs	42,119		1,339		(54)		43,404
Municipal bonds	9,098		453		—		9,551
Corporate bonds	84,301		257		(127)		84,431

Total	$	154,493	$	2,184	$	(218)	$	156,459


	June 30, 2020
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair Value
U.S. government agencies	$	3,957	$	216	$	—	$	4,173
Residential MBS of U.S. government agencies and GSEs	46,629		1,776		(50)		48,355
Municipal bonds	16,090		541		—		16,631
Corporate bonds	58,242		270		(134)		58,378

Total	$	124,918	$	2,803	$	(184)	$	127,537

Debt securities available for sale by contractual maturity at the dates indicated are shown below. Mortgage-backed securities are not included in the maturity categories because the borrowers in the underlying pools may prepay without penalty; therefore, it is unlikely that the securities will pay at their stated maturity schedule.


	June 30, 2021
	Amortized Cost		Estimated Fair Value
Due within one year	$	34,615	$	34,684
Due after one year through five years	73,249		73,633
Due after five years through ten years	4,510		4,738
Due after ten years	—		—
Mortgage-backed securities	42,119		43,404
Total	$	154,493	$	156,459


	June 30, 2020
	Amortized Cost		Estimated Fair Value
Due within one year	$	29,190	$	29,247
Due after one year through five years	44,881		45,516
Due after five years through ten years	2,434		2,630
Due after ten years	1,784		1,789
Mortgage-backed securities	46,629		48,355
Total	$	124,918	$	127,537

The Company had no sales of debt securities available for sale during the years ended June 30, 2021, 2020, and 2019. There were no gross realized gains or losses for the years ended June 30, 2021, 2020, and 2019.

Debt securities available for sale with amortized costs totaling $97,603 and $82,888 and market values of $98,890 and $84,456 at June 30, 2021 and June 30, 2020, respectively, were pledged as collateral to secure various public deposits and borrowings.

The gross unrealized losses and the fair value for debt securities available for sale aggregated by the length of time that individual securities have been in a continuous unrealized loss position as of June 30, 2021 and June 30, 2020 were as follows:


	June 30, 2021
	Less than 12 Months				12 Months or More				Total
	Fair Value		Unrealized Losses		Fair Value		Unrealized Losses		Fair Value		Unrealized Losses
U.S. government agencies	$	14,963	$	(37)	$	—	$	—	$	14,963	$	(37)
Residential MBS of U.S. government agencies and GSEs	5,212		(28)		1,205		(26)		6,417		(54)

Corporate bonds	19,873		(127)		—		—		19,873		(127)
Total	$	40,048	$	(192)	$	1,205	$	(26)	$	41,253	$	(218)


	June 30, 2020
	Less than 12 Months				12 Months or More				Total
	Fair Value		Unrealized Losses		Fair Value		Unrealized Losses		Fair Value		Unrealized Losses

Residential MBS of U.S. government agencies and GSEs	$	227	$	(10)	$	2,435	$	(40)	$	2,662	$	(50)

Corporate bonds	11,779		(134)		—		—		11,779		(134)
Total	$	12,006	$	(144)	$	2,435	$	(40)	$	14,441	$	(184)

The total number of securities with unrealized losses at June 30, 2021, and June 30, 2020 were 28 and 24, respectively.

Management evaluates securities for impairment where there has been a decline in fair value below the amortized cost basis of a security to determine whether there is a credit loss associated with the decline in fair value on at least a quarterly basis, and more frequently when economic or market concerns warrant such evaluation. All debt securities available for sale in an unrealized loss position as of June 30, 2021 continue to perform as scheduled and management does not believe that there is a credit loss or that a provision for credit losses is necessary. Also, as part of management's evaluation of its intent and ability to hold investments for a period of time sufficient to allow for any anticipated recovery in the market, management considers its investment strategy, cash flow needs, liquidity position, capital adequacy and interest rate risk position. Management does not currently intend to sell the securities within the portfolio and it is not more-likely-than-not that securities will be required to be sold. See "Note 1 – Summary of Significant Account Policies" for further discussion.

Management continues to monitor all of its securities with a high degree of scrutiny. There can be no assurance that management will not conclude in future periods that conditions existing at that time indicate some or all of its securities may be sold or would require a charge to earnings as a provision for credit losses in such periods.

Other Investments

12 Months Ended

Jun. 30, 2021

Investments, All Other Investments [Abstract]

Other Investments

Other investments, at cost consist of the following at the dates indicated:


	June 30,
	2021		2020
FHLB of Atlanta stock	$	6,153	$	23,309
FRB stock	7,386		7,368
SBIC investments	10,171		8,269

Total	$	23,710	$	38,946

As a requirement for membership, the Bank invests in the stock of both the FHLB of Atlanta and the FRB. No ready market exists for these securities so carrying value approximates their fair value based on the redemption provisions of the FHLB of Atlanta and the FRB, respectively. SBIC investments are equity securities without a readily determinable fair value and are recorded at cost.

Loans Held For Sale

12 Months Ended

Jun. 30, 2021

Receivables [Abstract]

Loans Held For Sale

Loans held for sale as of the dates indicated consist of the following:


	June 30,
	2021		2020
One-to-four family	$	31,873	$	28,152
SBA	4,160		1,240
HELOCs	57,506		47,785
Total	$	93,539	$	77,177

Premises and Equipment

12 Months Ended

Jun. 30, 2021

Property, Plant and Equipment [Abstract]

Premises and Equipment

Premises and equipment as of the dates indicated consist of the following:


	June 30,
	2021		2020
Land	$	25,488	$	20,785

Office buildings	68,861		59,333
Furniture, fixtures and equipment	16,244		15,724
Total	110,593		95,842
Less accumulated depreciation	(39,684)		(37,380)
Premises and equipment, net	$	70,909	$	58,462

Loans and Allowance for Credit Losses on Loans

12 Months Ended

Jun. 30, 2021

Receivables [Abstract]

Loans and Allowance for Credit Losses on Loans

Loans consist of the following at the dates indicated:


	June 30,
	2021		2020 (1)
Commercial loans:
Commercial real estate	$	1,142,276	$	1,052,906
Construction and development	179,427		215,934
Commercial and industrial	141,341		154,825
Equipment finance	317,920		229,239
Municipal leases	140,421		127,987
PPP loans	46,650		80,697
Total commercial loans	1,968,035		1,861,588
Retail consumer loans:
One-to-four family	406,549		473,693
HELOCs - originated	130,225		137,447
HELOCs - purchased	38,976		71,781
Construction and land/lots	66,027		81,859
Indirect auto finance	115,093		132,303
Consumer	8,362		10,259
Total retail consumer loans	765,232		907,342
Total loans	2,733,267		2,768,930
Deferred loan costs, net (2)	—		189
Total loans, net of deferred loan fees and costs	2,733,267		2,769,119
Allowance for credit losses	(35,468)		(28,072)
Net loans	$	2,697,799	$	2,741,047

________

(1) The June 30, 2020 information in the above table reflects the loan portfolio prior to the adoption of ASU 2016-13. This information was reported as shown in the below tables under "loans and the related ACL, by segment and class, prior to the adoption of ASU 2016-13", with the acquired loans being net of earned income and related discounts, which includes the credit discount on the acquired credit impaired loans.

(2) In accordance with the adoption of ASU 2016-13, the loan portfolio is shown at the amortized cost basis as of June 30, 2021, to include net deferred cost of $117 and unamortized discount total related to loans acquired of $3,123. Accrued interest receivable at June 30, 2021 of $7,339 is accounted for separately from the amortized cost basis. The ACL at June 30, 2020 includes the valuation allowance on PCI loans of $182.

All qualifying one-to-four family first mortgage loans, HELOCs, commercial real estate loans, and FHLB of Atlanta stock are pledged as collateral by a blanket pledge to secure outstanding FHLB advances.

Loans are made to the Company's executive officers and directors and their associates during the ordinary course of business. The aggregate amount of loans to related parties totaled approximately $245 and $1,498 at June 30, 2021 and 2020, respectively. In relation to these loans are unfunded commitments that totaled approximately $11 and $54 at June 30, 2021 and 2020, respectively.

The following table presents the credit risk profile by risk grade for commercial loans by origination year:


	Term Loans By Origination Fiscal Year
June 30,	2021		2020		2019		2018		2017		Prior		Revolving		Total
Commercial real estate
Risk rating:
Pass	$	227,850	$	177,691	$	142,407	$	158,147	$	158,525	$	220,834	$	25,860	$	1,111,314
Special mention	—		—		—		16,951		1,256		3,092		—		21,299
Substandard	—		—		—		630		4,993		3,642		398		9,663
Doubtful	—		—		—		—		—		—		—		—
Loss	—		—		—		—		—		—		—		—
Total commercial real estate	227,850		177,691		142,407		175,728		164,774		227,568		26,258		1,142,276
Construction and development
Risk rating:
Pass	18,262		6,523		10,349		6,008		2,693		7,153		123,843		174,831
Special mention	—		—		—		—		—		286		3,827		4,113
Substandard	—		—		—		—		—		482		—		482
Doubtful	—		—		—		—		—		—		—		—
Loss	—		—		—		—		—		1		—		1
Total construction and development	18,262		6,523		10,349		6,008		2,693		7,922		127,670		179,427
Commercial and industrial
Risk rating:
Pass	29,606		14,010		18,826		10,759		15,346		10,589		36,165		135,301
Special mention	—		21		438		110		32		125		37		763
Substandard	31		33		300		—		—		83		4,829		5,276
Doubtful	—		—		—		—		—		—		—		—
Loss	—		—		—		—		—		1		—		1
Total commercial and industrial	29,637		14,064		19,564		10,869		15,378		10,798		41,031		141,341
Equipment finance
Risk rating:
Pass	154,685		104,681		53,178		4,773		—		—		—		317,317
Special mention	—		—				—		—		—		—		—
Substandard	—		—		323		—		—		—		—		323
Doubtful	—		—		280		—		—		—		—		280
Loss	—		—		—		—		—		—		—		—
Total equipment finance	154,685		104,681		53,781		4,773		—		—		—		317,920
Municipal leases
Risk rating:
Pass	23,358		19,240		14,005		17,979		9,738		47,144		8,700		140,164
Special mention	—		—		—		—		—		257		—		257
Substandard	—		—		—		—		—		—		—		—
Doubtful	—		—		—		—		—		—		—		—
Loss			—		—		—		—		—		—		—
Total municipal leases	23,358		19,240		14,005		17,979		9,738		47,401		8,700		140,421
PPP loans
Risk rating:
Pass	29,667		16,983		—		—		—		—		—		46,650
Special mention	—		—		—		—		—		—		—		—
Substandard	—		—		—		—		—		—		—		—
Doubtful	—		—		—		—		—		—		—		—
Loss	—		—		—		—		—		—		—		—
Total PPP loans	29,667		16,983		—		—		—		—		—		46,650
Total commercial loans
Risk rating:
Pass	483,428		339,128		238,765		197,666		186,302		285,720		194,568		1,925,577
Special mention	—		21		438		17,061		1,288		3,760		3,864		26,432
Substandard	31		33		623		630		4,993		4,207		5,227		15,744
Doubtful	—		—		280		—		—		—		—		280
Loss	—		—		—		—		—		2		—		2
Total commercial loans	$	483,459	$	339,182	$	240,106	$	215,357	$	192,583	$	293,689	$	203,659	$	1,968,035

The following table presents the credit risk profile by risk grade for retail consumer loans by origination year:


	Term Loans By Origination Fiscal Year
June 30,	2021		2020		2019		2018		2017		Prior		Revolving		Total
One-to-four family
Risk rating:
Pass	$	72,723	$	52,987	$	46,958	$	40,461	$	37,361	$	143,531	$	4,345	$	398,366
Special mention	—		—		—		—		27		1,084		—		1,111
Substandard	246		981		—		216		86		5,037		—		6,566
Doubtful	—		—		—		—		—		191		—		191
Loss	—		—		—		—		—		315		—		315
Total one-to-four family	72,969		53,968		46,958		40,677		37,474		150,158		4,345		406,549
HELOC's - originated
Risk rating:
Pass	2,767		465		1,294		217		716		9,469		114,048		128,976
Special mention	—		—		—		—		—		12		—		12
Substandard	—		—		159		—		38		935		105		1,237
Doubtful	—		—		—		—		—		—		—		—
Loss	—		—		—		—		—		—		—		—
Total HELOC's - originated	2,767		465		1,453		217		754		10,416		114,153		130,225
HELOC's - purchased
Risk rating:
Pass	—		—		—		—		—		—		38,523		38,523
Special mention	—		—		—		—		—		—		—		—
Substandard	—		—		—		—		—		—		453		453
Doubtful	—		—		—		—		—		—		—		—
Loss	—		—		—		—		—		—		—		—
Total HELOC's - purchased	—		—		—		—		—		—		38,976		38,976
Construction and land/lots
Risk rating:
Pass	4,244		12,133		2,357		956		—		3,558		42,267		65,515
Special mention	—		—		—		—		—		—		—		—
Substandard	—		—		—		96		—		416		—		512
Doubtful	—		—		—		—		—		—		—		—
Loss	—		—		—		—		—		—		—		—
Total construction and land/lots	4,244		12,133		2,357		1,052		—		3,974		42,267		66,027
Indirect auto finance
Risk rating:
Pass	42,128		27,134		16,224		18,853		7,561		2,061		—		113,961
Special mention	—		—		—		—		—		—		—		—
Substandard	29		415		195		273		143		75		—		1,130
Doubtful	—		—		—		—		—		—		—		—
Loss	2		—		—		—		—		—		—		2
Total indirect auto finance	42,159		27,549		16,419		19,126		7,704		2,136		—		115,093
Consumer loans
Risk rating:
Pass	1,344		1,019		5,204		252		90		91		288		8,288
Special mention	—		—		—		14		—		—		—		14
Substandard	—		3		19		11		4		10		11		58
Doubtful	—		—		—		—		—		—		—		—
Loss	—		1		1		—		—		—		—		2
Total consumer loans	1,344		1,023		5,224		277		94		101		299		8,362
Total retail consumer loans
Risk rating:
Pass	123,206		93,738		72,037		60,739		45,728		158,710		199,471		753,629
Special mention	—		—		—		14		27		1,096		—		1,137
Substandard	275		1,399		373		596		271		6,473		569		9,956
Doubtful	—		—		—		—		—		191		—		191
Loss	2		1		1		—		—		315		—		319
Total retail consumer loans	$	123,483	$	95,138	$	72,411	$	61,349	$	46,026	$	166,785	$	200,040	$	765,232

The following table presents the credit risk profile by risk grade for total non-purchased and purchased performing consumer and commercial loans, prior to the adoption of ASU 2016-13:


	Pass		Special Mention		Substandard		Doubtful		Loss		Total
June 30, 2020
Commercial loans:
Commercial real estate	$	1,028,709	$	7,580	$	10,779	$	—	$	16	$	1,047,084
Construction and development	212,370		2,723		250		1		—		215,344
Commercial and industrial	130,202		20,439		2,622		—		—		153,263
Equipment finance	228,288		150		801		—		—		229,239
Municipal leases	127,706		281		—		—		—		127,987
PPP loans	80,697		—		—		—		—		80,697
Retail consumer loans:
One-to-four family	458,248		1,724		9,042		206		—		469,220
HELOCs - originated	134,697		902		1,848		—		—		137,447
HELOCs - purchased	71,119		—		662		—		—		71,781
Construction and land/lots	81,112		—		402		—		—		81,514
Indirect auto finance	130,975		—		1,328				—		132,303
Consumer	9,894		4		361		—		—		10,259
Total loans	$	2,694,017	$	33,803	$	28,095	$	207	$	16	$	2,756,138

The following table presents the credit risk profile by risk grade for PCI consumer and commercial loans, prior to adoption of ASU 2016-13:


	Pass		Special Mention		Substandard		Doubtful		Loss		Total
June 30, 2020
Commercial loans:
Commercial real estate	$	3,181	$	1,742	$	899	$	—	$	—	$	5,822
Construction and development	271		—		319		—		—		590
Commercial and industrial	1,556		—		3		—		3		1,562

Retail consumer loans:
One-to-four family	2,994		465		1,014		—		—		4,473

Construction and land/lots	108		—		237		—		—		345


Total loans	$	8,110	$	2,207	$	2,472	$	—	$	3	$	12,792

The following table presents an aging analysis of past due loans by segment and class:


	Past Due								Total
	30-89 Days		90 Days+		Total		Current		Loans
June 30, 2021
Commercial loans:
Commercial real estate	$	396	$	1,680	$	2,076	$	1,140,200	$	1,142,276
Construction and development	—		37		37		179,390		179,427
Commercial and industrial	634		19		653		140,688		141,341
Equipment finance	—		347		347		317,573		317,920
Municipal leases	—		—		—		140,421		140,421
PPP loans	—		—		—		46,650		46,650
Retail consumer loans:
One-to-four family	1,112		1,124		2,236		404,313		406,549
HELOCs - originated	290		186		476		129,749		130,225
HELOCs - purchased	198		79		277		38,699		38,976
Construction and land/lots	6		35		41		65,986		66,027
Indirect auto finance	299		259		558		114,535		115,093
Consumer	378		36		414		7,948		8,362
Total loans	$	3,313	$	3,802	$	7,115	$	2,726,152	$	2,733,267

The following table presents an aging analysis of past due loans by segment and class, prior to the adoption of ASU 2016-13:


	Past Due								Total
	30-89 Days		90 Days+		Total		Current		Loans
June 30, 2020
Commercial loans:
Commercial real estate	$	4,528	$	2,892	$	7,420	$	1,045,486	$	1,052,906
Construction and development	293		341		634		215,300		215,934
Commercial and industrial	—		91		91		154,734		154,825
Equipment finance	303		498		801		228,438		229,239
Municipal leases	—		—		—		127,987		127,987
PPP loans	—		—		—		80,697		80,697
Retail consumer loans:
One-to-four family	1,679		3,147		4,826		468,867		473,693
HELOCs - originated	442		310		752		136,695		137,447
HELOCs - purchased	214		47		261		71,520		71,781
Construction and land/lots	—		252		252		81,607		81,859
Indirect auto finance	756		285		1,041		131,262		132,303
Consumer	30		25		55		10,204		10,259
Total loans	$	8,245	$	7,888	$	16,133	$	2,752,797	$	2,768,930

The following table presents recorded investment in loans on nonaccrual status, by segment and class, including restructured loans. It also includes interest income recognized on nonaccrual loans for the year ended June 30, 2021.


	June 30, 2021		June 30, 2020		90 Days + & still accruing as of June 30, 2021		Nonaccrual with no allowance as of June 30, 2021		Interest income recognized
Commercial loans:
Commercial real estate	$	7,015	$	8,869	$	—	$	3,849	$	280
Construction and development	482		465		—		80		41
Commercial and industrial	49		259		—		24		15
Equipment finance	630		801		—		275		160

Retail consumer loans:
One-to-four family	2,625		3,582		—		807		160
HELOCs - originated	476		531		—		—		37
HELOCs - purchased	453		662		—		—		23
Construction and land/lots	22		37		—		—		—
Indirect auto finance	438		668		—		—		37
Consumer	416		49		—		—		9






Total loans	$	12,606	$	15,923	$	—	$	5,035	$	762

The decrease in the nonaccrual balance in the above schedule, compared to June 30, 2020, is mainly due to the payoffs and charge offs of five loans totaling $3,298, and the addition to nonaccrual loans of $486 of PCI loans, formerly accounted for as credit impaired loans, prior to the adoption of ASU 2016-13, partially offset by two equipment finance loans moving into nonaccrual during the fiscal year. These loans were previously excluded from nonaccrual loans. The adoption of CECL resulted in the discontinuation of pool-level accounting for acquired credit impaired loans which was replaced with a loan-level evaluation for nonaccrual status.

TDRs are loans which have renegotiated loan terms to assist borrowers who are unable to meet the original terms of their loans. Such modifications to loan terms may include a lower interest rate, a reduction in principal, or a longer term to maturity.

The Company’s loans that were performing under the payment terms of TDRs that were excluded from nonaccruing loans above at the dates indicated follows:


	June 30,
	2021		2020
Performing TDRs	$	11,088	$	13,153

The following table presents a breakdown of the provision (benefit) for credit losses included in our Consolidated Statements of Income:


	Year Ended June 30,
	2021		2020
Provision (benefit) for credit losses:
Loans	$	(7,270)	$	8,500
Off-balance-sheet credit exposure	35		—
Commercial paper	100		—
Total provision (benefit) for credit losses	$	(7,135)	$	8,500

The following table presents an analysis of the ACL on loans by segment:


	Year Ended June 30, 2021
		Commercial		Retail Consumer		Total
Balance at beginning of period		$	21,116	$	6,956	$	28,072
Impact of adoption ASU 2016-13		4,073		10,736		14,809
Benefit for credit losses		(758)		(6,512)		(7,270)
Charge-offs		(1,977)		(1,556)		(3,533)
Recoveries		2,292		1,098		3,390
Net recoveries (charge-offs)		315		(458)		(143)
Balance at end of period		$	24,746	$	10,722	$	35,468

The following table presents an analysis of ALL by segment, prior to the adoption of ASU 2016-13:


	Year Ended June 30, 2020
	PCI		Commercial		Retail Consumer		Total
Balance at beginning of period	$	201	$	14,809	$	6,419	$	21,429
Provision (benefit) for credit losses	(19)		8,656		(137)		8,500
Charge-offs	—		(2,961)		(855)		(3,816)
Recoveries	—		480		1,479		1,959
Balance at end of period	$	182	$	20,984	$	6,906	$	28,072


	Year Ended June 30, 2019
	PCI		Commercial		Retail Consumer		Total
Balance at beginning of period	$	483	$	13,050	$	7,527	$	21,060
Provision (benefit) for credit losses	(282)		7,226		(1,244)		5,700
Charge-offs	—		(6,273)		(1,136)		(7,409)
Recoveries	—		806		1,272		2,078
Balance at end of period	$	201	$	14,809	$	6,419	$	21,429

The following table presents ending balances of loans and the related ACL, by segment and class:


	Allowance for Credit Losses							Total Loans Receivable
		Loans Individually Evaluated		Loans Collectively Evaluated		Total			Loans Individually Evaluated		Loans Collectively Evaluated		Total
June 30, 2021
Commercial loans:
Commercial real estate		$	456	$	12,826	$	13,282		$	5,729	$	1,136,547	$	1,142,276
Construction and development		—		1,801		1,801			80		179,347		179,427
Commercial and industrial		9		2,583		2,592			760		140,581		141,341
Equipment finance		—		6,537		6,537			275		317,645		317,920
Municipal leases		—		534		534			—		140,421		140,421
PPP loans		—		—		—			—		46,650		46,650
Retail consumer loans:
One-to-four family		2		5,407		5,409			1,977		404,572		406,549
HELOCs - originated		—		1,512		1,512			—		130,225		130,225
HELOCs - purchased		—		452		452			—		38,976		38,976
Construction and land/lots		—		812		812			—		66,027		66,027
Indirect auto finance		—		2,367		2,367			—		115,093		115,093
Consumer		—		170		170			—		8,362		8,362
Total		$	467	$	35,001	$	35,468		$	8,821	$	2,724,446	$	2,733,267

The following table presents ending balances of loans and the related ALL, by segment and class, prior to the adoption of ASU 2016-13:


	Allowance for Loan Losses								Total Loans Receivable
	PCI		Loans Individually Evaluated for Impairment		Loans Collectively Evaluated		Total		PCI		Loans Individually Evaluated for Impairment		Loans Collectively Evaluated		Total
June 30, 2020
Commercial loans:
Commercial real estate	$	113	$	961	$	10,731	$	11,805	$	5,822	$	7,924	$	1,039,160	$	1,052,906
Construction and development	4		5		3,599		3,608		590		299		215,045		215,934
Commercial and industrial	15		31		2,153		2,199		1,562		852		152,411		154,825
Equipment finance	—		209		2,598		2,807		—		801		228,438		229,239
Municipal leases	—		—		697		697		—		—		127,987		127,987
PPP loans	—		—		—		—		—		—		80,697		80,697
Retail consumer loans:
One-to-four family	17		52		2,400		2,469		4,473		4,304		464,916		473,693
HELOCs - originated	—		—		1,344		1,344		—		—		137,447		137,447
HELOCs - purchased	—		—		430		430		—		—		71,781		71,781
Construction and land/lots	33		—		1,409		1,442		345		296		81,218		81,859
Indirect auto finance	—		—		1,136		1,136		—		10		132,293		132,303
Consumer	—		—		135		135		—		—		10,259		10,259
Total	$	182	$	1,258	$	26,632	$	28,072	$	12,792	$	14,486	$	2,741,652	$	2,768,930

Prior to the adoption of ASU 2016-13, loans acquired from acquisitions were initially excluded from the allowance for loan losses in accordance with the acquisition method of accounting for business combinations. The Company recorded these loans at fair value, which includes a credit discount, therefore, no allowance for credit losses is established for these acquired loans at acquisition. A provision for loan losses was recorded for any further deterioration in these acquired loans subsequent to the acquisition.

The following table presents impaired loans and the related allowance, by segment and class, excluding PCI loans, prior to the adoption of ASU 2016-13:


	Total Impaired Loans
	Unpaid Principal Balance		Recorded Investment With a Recorded Allowance		Recorded Investment With No Recorded Allowance		Total Recorded Investment		Related Recorded Allowance















June 30, 2020
Commercial loans:
Commercial real estate	$	10,401	$	8,062	$	1,068	$	9,130	$	976
Construction and development	1,785		818		80		898		11
Commercial and industrial	9,782		1,058		26		1,084		34
Equipment finance	2,631		303		498		801		209
Retail consumer loans:
One-to-four family	16,560		10,805		3,374		14,179		412
HELOCs - originated	2,087		1,585		53		1,638		43
HELOCs - purchased	662		662		—		662		3
Construction and land/lots	1,585		749		296		1,045		13
Indirect auto finance	1,075		486		241		727		5
Consumer	297		38		27		65		2

Total impaired loans	$	46,865	$	24,566	$	5,663	$	30,229	$	1,708

The table above includes $15,743 of recorded investments in impaired loans that were not individually evaluated because these loans did not meet the Company’s threshold for individual impairment evaluation. The recorded allowance above includes $450 related to these loans that were not individually evaluated.

The following table presents average recorded investments in impaired loans and interest income recognized on impaired loans, prior to the adoption of ASU 2016-13:


	Year Ended June 30,
	2020				2019
	Average Recorded Investment		Interest Income Recognized		Average Recorded Investment		Interest Income Recognized
Commercial loans:
Commercial real estate	$	8,661	$	336	$	5,026	466
Construction and development	1,218		54		1,779		65
Commercial and industrial	868		236		315		249
Equipment finance	652		29		192		37

Retail consumer loans:
One-to-four family	14,796		687		17,319		950
HELOCs - originated	1,698		99		1,005		63
HELOCs - purchased	533		41		320		13
Construction and land/lots	1,149		83		1,441		94
Indirect auto finance	547		53		373		29
Consumer	194		7		1,328		67
Total loans	$	30,316	$	1,625	$	29,098	$	2,033

The following table presents a summary of changes in the accretable yield for PCI loans, prior to the adoption of ASU 2016-13:


	Year Ended June 30,
	2020		2019
Accretable yield, beginning of period	$	5,259	$	5,734



Reclass from nonaccretable yield (1)	458		576
Other changes, net (2)	(316)		1,018
Interest income	(1,496)		(2,069)
Accretable yield, end of period	$	3,905	$	5,259

______________________________

(1) Represents changes attributable to expected losses assumptions.

(2) Represents changes in cash flows expected to be collected due to the impact of modifications, changes in prepayment assumptions, and changes in interest rates

In estimating ECL, ASC 326 prescribes that if foreclosure is expected, a CDA is required to be measured at the fair value of collateral, but as a practical expedient, if foreclosure is not expected, fair value measurement is optional. For those CDA loans measured at the fair value of collateral, a credit loss expense is recorded for loan amounts in excess of fair value. The following table provides a breakdown between loans identified as CDAs and non-CDAs, by segment and class, and securing collateral, as well as collateral coverage for those loans:


	Type of Collateral and Extent to Which Collateral Secures Financial Assets
	Residential Property		Investment Property		Commercial Property		Business Assets		Financial Assets Not Considered Collateral Dependent		Total

June 30, 2021
Commercial loans:
Commercial real estate	$	—	$	3,421	$	2,308	$	—	$	1,136,547	$	1,142,276
Construction and development	—		80		—		—		179,347		179,427
Commercial and industrial	—		—		—		25		141,316		141,341
Equipment finance	—		—		—		—		317,920		317,920
Municipal finance	—		—		—		—		140,421		140,421
PPP loans	—		—		—		—		46,650		46,650
Retail consumer loans:
One-to-four family	807		—		—		—		405,742		406,549
HELOCs - originated	—		—		—		—		130,225		130,225
HELOCs - purchased	—		—		—		—		38,976		38,976
Construction and land/lots	—		—		—		—		66,027		66,027
Indirect auto finance	—		—		—		—		115,093		115,093
Consumer	—		—		—		—		8,362		8,362
Total	$	807	$	3,501	$	2,308	$	25	$	2,726,626	$	2,733,267
Total collateral value	$	1,160	$	3,602	$	2,723	$	26

The following table presents a breakdown of the types of concessions made on TDRs by loan class for the periods indicated below:


	Year Ended June 30,
	2021					2020					2019
	Number of Loans	Pre Modification Outstanding Recorded Investment		Post Modification Outstanding Recorded Investment		Number of Loans	Pre Modification Outstanding Recorded Investment		Post Modification Outstanding Recorded Investment		Number of Loans	Pre Modification Outstanding Recorded Investment		Post Modification Outstanding Recorded Investment
Below market interest rate:
Commercial:
Commercial real estate	—	$	—	$	—	1	$	88	$	86	—	$	—	$	—
Retail consumer:
One-to-four family	—	—		—		—	—		—		1	85		84


Total below market interest rate	—	—		—		1	88		86		1	85		84
Extended payment terms:
Commercial:


Commercial and industrial	—	—		—		1	826		826		—	—		—
Retail consumer:
One-to-four family	—	—		—		2	70		61		1	34		34


Indirect auto finance	2	28		27		—	—		—		—	—		—
Consumer	—	—		—		—	—		—		2	34		33
Total extended payment terms	2	28		27		3	896		887		3	68		67
Other TDRs:
Commercial:
Commercial real estate	1	4,408		3,421		1	30		21		3	5,440		5,427
Construction and development	—	—		—		1	182		79		1	182		182

Retail consumer:
One-to-four family	4	269		256		5	511		502		18	1,452		1,433
HELOCs - originated	2	53		74		1	27		27		—	—		—
Construction and land/lots	1	225		213		—	—		—		1	29		28
Indirect auto finance	13	180		131		3	63		49		1	33		26
Consumer	1	27		13		—	—		—		1	2		2
Total other TDRs	22	5,162		4,108		11	813		678		21	1,516		1,489
Total	24	$	5,190	$	4,135	15	$	1,797	$	1,651	25	$	1,669	$	1,640

The following table presents loans that were modified as TDRs within the previous 12 months and for which there was a payment default during the periods indicated below:


	Year Ended June 30,
	2021			2020			2019
	Number of Loans	Recorded Investment		Number of Loans	Recorded Investment		Number of Loans	Recorded Investment









Other TDRs:
Commercial:

Construction and development	—	$	—	1	$79		—	$	—

Retail consumer:
One-to-four family	—	—		—	—		1	72


Consumer	—	—		—	—		1	2
Indirect auto finance	1	30		—	—		—	—

Total	1	$	30	1	$	79	2	$	74

Other TDRs include TDRs that have a below market interest rate and extended payment terms. The Company does not typically forgive principal when restructuring troubled debt.

In the determination of the ACL, management considers TDRs for all loan classes, and the subsequent nonperformance in accordance with their modified terms, by measuring impairment on a loan-by-loan basis based on either the value of the loan’s expected future cash flows discounted at the loan’s original effective interest rate or on the collateral value, net of the estimated costs of disposal, if the loan is collateral dependent.

Off-Balance-Sheet Credit Exposure

The Company maintains a separate reserve for credit losses on off-balance-sheet credit exposures, including unfunded loan commitments, which is included in other liabilities on the consolidated balance sheet. The reserve for credit losses on off-balance-sheet credit exposures is adjusted as a provision for credit losses in the consolidated statement of income. The estimate includes consideration of the likelihood that funding will occur and an estimate of ECLs on commitments expected to be funded over its estimated life, utilizing the same models and approaches for the Company's other loan portfolio segments described above, as these unfunded commitments share similar risk characteristics as its loan portfolio segments. The Company has identified the unfunded portion of certain lines of credit as unconditionally cancellable credit exposures, meaning the Company can cancel the unfunded commitment at any time. No credit loss estimate is reported for off-balance-sheet credit exposures that are unconditionally cancellable by the Company or for undrawn amounts under such arrangements that may be drawn prior to the cancellation of the arrangement.

Modifications and deferrals in response to COVID-19

Beginning in March 2020, the Company began offering short-term loan modifications for full deferral of principal and interest to assist borrowers during the COVID-19 pandemic. The CARES Act along with a joint agency statement issued by banking agencies and confirmed by FASB staff stated that short-term modifications made in response to COVID-19 are not considered TDRs. Accordingly, the Company does not account for such loan modifications as TDRs.

The Bank offered payment and financial relief programs for borrowers impacted by COVID-19. These programs include full principal and interest loan payment deferrals for up to 90 days (which can be renewed for another 90 days under certain circumstances) waived late fees, and suspension of foreclosure proceedings and repossessions. Since March 2020, the Company received numerous requests from borrowers for some type of payment relief; however, substantially all full principal and interest payment deferrals have ended and borrowers are again making regular loan payments. The breakout of loans deferred by loan type as of the dates indicated is as follows:


Principal and Interest Deferrals by Loan Types (1)(2)

	June 30,
	2021				2020
	Deferral		Percent of Total Loan Portfolio		Deferral		Percent of Total Loan Portfolio
Lodging	$	—	—	%	$	108,171	4.0	%
Other commercial real estate, construction and development, and commercial and industrial	—		—		367,443		13.7
Equipment finance	—		—		33,693		1.3
One-to-four family	—		—		36,821		1.4
Other consumer loans	107		—		5,203		0.2
Total	$	107	—	%	$	551,331	20.5	%

___________________________

(1) Modified loans are not included in classified assets or nonperforming asset.

(2) Principal and interest is being deferred.

Substantially all loans placed on principal and interest payment deferral during the pandemic have come out of deferral as of June 30, 2021. However, the Company has allowed for continued relief to borrowers in the form of interest-only payments for certain loans that were originally placed on full principal and interest payment deferral. As of June 30, 2021, the Company had $78,850 in commercial loans on interest-only payments for a period of time no greater than 12 months before requiring that they return to their original contractual payments.

Accrued Interest Receivable

12 Months Ended

Jun. 30, 2021

Receivables [Abstract]

Accrued Interest Receivable

Accrued Interest ReceivableAccrued interest receivable as of the dates indicated consists of the following:


	June 30,
	2021		2020
Loans	$	7,043	$	11,360
Debt securities available for sale	754		710
Other	136		242
Total	$	7,933	$	12,312

Goodwill and Core Deposit Intangibles

12 Months Ended

Jun. 30, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Core Deposit Intangibles

The carrying amount of the Company's goodwill was $25,638 as of June 30, 2021 and 2020. Amortization expense related to core deposit intangibles was $735, $1,421, and $2,029 for the years ended June 30, 2021, 2020, and 2019, respectively. As of June 30, 2021, the estimated amortization expense for each of the next five years is as follows:



2022	$	250
2023	90
2024	3
2025	—
2026	—

Total	$	343

Deposit Accounts

12 Months Ended

Jun. 30, 2021

Deposits [Abstract]

Deposit Accounts

Deposit accounts at the dates indicated consist of the following:


					Weighted Average Interest Rates
	June 30,				June 30,
	2021		2020		2021		2020
Noninterest-bearing accounts	$	636,414	$	429,901	—	%	—	%
NOW accounts	644,958		582,299		0.09	%	0.10	%
Money market accounts	975,001		836,738		0.15	%	0.46	%
Savings accounts	226,391		197,676		0.06	%	0.07	%
Certificates of deposit	472,777		739,142		0.74	%	1.45	%
Total	$	2,955,541	$	2,785,756	0.19	%	0.54	%

Deposits received from executive officers and directors and their associates totaled approximately $4,618 and $4,307 at June 30, 2021 and 2020, respectively.

As of June 30, 2021, maturities of certificates of deposit are as follows:



2022	$	392,869
2023	52,103
2024	16,086
2025	5,264
2026	6,455
Thereafter	—
Total	$	472,777

Certificates of deposit with balances of $250 or greater totaled $75,447 and $118,308 at June 30, 2021 and 2020, respectively. Generally, deposit amounts in excess of $250 are not federally insured.

Interest expense on deposits at the dates indicated consists of the following:


	June 30,
	2021		2020		2019
NOW accounts	$	1,553	$	1,627	$	1,251
Money market accounts	1,699		6,910		5,102
Savings accounts	155		195		245
Certificates of deposit	5,963		14,105		9,159
Total	$	9,370	$	22,837	$	15,757

Borrowings

12 Months Ended

Jun. 30, 2021

Federal Home Loan Banks [Abstract]

Borrowings

Borrowings consist of the following at the dates indicated:


	June 30,
	2021				2020
	Balance		Weighted Average Rate		Balance		Weighted Average Rate



FHLB Advances	$	115,000	0.16	%	$	475,000	1.39	%

The scheduled maturity dates, call dates, and related interest rates on FHLB advances at June 30, 2021:


Maturity Date	Interest Rate	Outstanding Amount
7/14/2021	0.15%	$	100,000
7/16/2021	0.19%	15,000






















		$	115,000

All qualifying one-to-four family first mortgage loans, HELOCs, commercial real estate loans, FHLB stock, and certain investment securities were pledged as collateral to secure the FHLB advances.

At June 30, 2021 and 2020, the Company had the ability to borrow $289,411 and $186,222, respectively, in additional FHLB advances. At June 30, 2021 and 2020, the Company had an unused line of credit with the FRB for $92,913 and $109,242, respectively. At June 30, 2021 and 2020, the Company had unused lines of credit with three unaffiliated banks for $100,000.

Leases

12 Months Ended

Jun. 30, 2021

Leases [Abstract]

Leases

As Lessee - Operating Leases

The Company's operating leases primarily include office space and bank branches. Certain leases include one or more options to renew, with renewal terms that can extend the lease term up to 15 additional years. The exercise of lease renewal options is at our sole discretion. When it is reasonably certain that the Company will exercise our option to renew or extend the lease term, that option is included in estimating the value of the ROU and lease liability. At June 30, 2021, the Company had one lease that had not yet commenced for which it had created a ROU asset and a lease liability. The Company's lease agreements do not contain any material residual value guarantees or material restrictive covenants. Most of the Company's lease agreements include periodic rate adjustments for inflation. The depreciable life of ROU assets and leasehold improvements are limited to the shorter of the useful life or the expected lease term. Leases with an initial term of 12 months or less are not recorded on the Company's Consolidated Balance Sheets. The Company recognize lease expenses for these leases over the lease term.

The following tables present supplemental balance sheet information related to operating leases. ROU assets are included in other assets and lease liabilities are included in other liabilities.


	June 30,
	2021			2020
Supplemental balance sheet information:
ROU assets	$	5,498		$	4,601

Lease liabilities	$	5,926		$	4,590

Weighted-average remaining lease terms	9.49			5.02
Weighted-average discount rate	3.18		%	2.97		%

The following schedule summarizes aggregate future minimum lease payments under these operating leases at June 30, 2021:


Fiscal year ending June 30:
2022	$	1,405
2023	1,347
2024	876
2025	492
2026	371
Thereafter	2,375
Total of future minimum payments	$	6,866

The following table presents components of operating lease expense for the year ended:


	Year Ended June 30,
	2021		2020
Operating lease cost (included in occupancy expense)	$	1,818	$	1,821
Sublease income (included in other, net noninterest income)	(223)		(242)
Total operating lease expense, net	$	1,595	$	1,579

As Lessee - Finance Lease

The Company currently leases land for one of its branch office locations under a finance lease. The ROU asset for the finance lease totaled $2,052 at June 30, 2021 and 2020 and is included in other assets. The corresponding lease liability totaled $1,804 and $1,843 at June 30, 2021 and 2020, respectively, and is included in other liabilities. For the year ended June 30, 2021 and 2020, interest expense on the lease liability totaled $95 and $97, respectively. The finance lease has a maturity date of July 2028 and a discount rate of 5.18%.

The following schedule summarizes aggregate future minimum lease payments under this finance lease obligation at June 30, 2021:


Fiscal year ending June 30:
2022	$	134
2023	134
2024	145
2025	146
2026	146
Thereafter	1,702
Total minimum lease payments	2,407
Less: amount representing interest	(603)
Present value of net minimum lease payments	$	1,804

Supplemental lease cash flow information for the year ended June 30:


	Year Ended June 30,
	2021		2020
ROU assets - noncash additions (operating leases)	$	2,586	$	5,296
ROU assets - noncash addition (finance lease)	—		2,052
Cash paid for amounts included in the measurement of lease liabilities (operating leases)	2,036		2,142
Cash paid for amounts included in the measurement of lease liabilities (finance leases)	134		134

As Lessor - General

The Company leases equipment to commercial end users under operating and finance lease arrangements. Our equipment finance leases consist mainly of construction, transportation, medical, and manufacturing equipment. Many of our operating and finance leases offer the lessee the option to purchase the equipment at fair value or for a nominal fixed purchase option; and most of the leases that do not have a nominal purchase option include renewal provisions resulting in some leases continuing beyond initial contractual terms. Our leases do not include early termination options, and continued rent payments are due if leased equipment is not returned at the end of the lease.

As Lessor - Operating Leases

Operating lease income is recognized as a component of noninterest income on a straight-line basis over the lease term. Lease terms range from 1 to 5 years. Assets related to operating leases are included in other assets and the corresponding depreciation expense is recorded on a straight-line basis as a component of other noninterest expense. The net book value of leased assets totaled $25,932 and $21,595 with a residual value of $15,330 and $12,370 as of June 30, 2021 and 2020, respectively. For the years ended June 30, 2021 and 2020, equipment finance operating lease income totaled $5,601 and $3,356, respectively. For the years ended June 30, 2021 and 2020, depreciation expense totaled $5,864 and $2,394, respectively.

The following schedule summarizes aggregate future minimum operating lease payments to be received at June 30, 2021:


Fiscal year ending June 30:
2022	$	1,684
2023	5,705
2024	3,890
2025	1,685
2026	449
Thereafter	127
Total of future minimum payments	$	13,540

As Lessor - Finance Leases

Finance lease income is recognized as a component of loan interest income over the lease term. The finance leases are included as a component of the equipment finance class of financing receivables under the commercial loan segment. For the years ended June 30, 2021 and 2020, total interest income on equipment finance leases totaled $2,444 and $1,595, respectively.

The following table presents components of finance lease net investment included within equipment finance class of financing receivables:


	June 30,
	2021		2020
Lease receivables	$	63,279	$	44,927

The following schedule summarizes aggregate future minimum finance lease payments to be received at June 30, 2021:


Fiscal year ending June 30:
2022	$	18,597
2023	18,116
2024	15,126
2025	10,016
2026	5,869
Thereafter	2,599
Total minimum payments	70,323
Less: amount representing interest	(7,044)
Total	$	63,279

Leases

As Lessee - Operating Leases

The following tables present supplemental balance sheet information related to operating leases. ROU assets are included in other assets and lease liabilities are included in other liabilities.


	June 30,
	2021			2020
Supplemental balance sheet information:
ROU assets	$	5,498		$	4,601

Lease liabilities	$	5,926		$	4,590

Weighted-average remaining lease terms	9.49			5.02
Weighted-average discount rate	3.18		%	2.97		%

The following schedule summarizes aggregate future minimum lease payments under these operating leases at June 30, 2021:


Fiscal year ending June 30:
2022	$	1,405
2023	1,347
2024	876
2025	492
2026	371
Thereafter	2,375
Total of future minimum payments	$	6,866

The following table presents components of operating lease expense for the year ended:


	Year Ended June 30,
	2021		2020
Operating lease cost (included in occupancy expense)	$	1,818	$	1,821
Sublease income (included in other, net noninterest income)	(223)		(242)
Total operating lease expense, net	$	1,595	$	1,579

As Lessee - Finance Lease

The following schedule summarizes aggregate future minimum lease payments under this finance lease obligation at June 30, 2021:


Fiscal year ending June 30:
2022	$	134
2023	134
2024	145
2025	146
2026	146
Thereafter	1,702
Total minimum lease payments	2,407
Less: amount representing interest	(603)
Present value of net minimum lease payments	$	1,804

Supplemental lease cash flow information for the year ended June 30:


	Year Ended June 30,
	2021		2020
ROU assets - noncash additions (operating leases)	$	2,586	$	5,296
ROU assets - noncash addition (finance lease)	—		2,052
Cash paid for amounts included in the measurement of lease liabilities (operating leases)	2,036		2,142
Cash paid for amounts included in the measurement of lease liabilities (finance leases)	134		134

As Lessor - General

As Lessor - Operating Leases

The following schedule summarizes aggregate future minimum operating lease payments to be received at June 30, 2021:


Fiscal year ending June 30:
2022	$	1,684
2023	5,705
2024	3,890
2025	1,685
2026	449
Thereafter	127
Total of future minimum payments	$	13,540

As Lessor - Finance Leases

The following table presents components of finance lease net investment included within equipment finance class of financing receivables:


	June 30,
	2021		2020
Lease receivables	$	63,279	$	44,927

The following schedule summarizes aggregate future minimum finance lease payments to be received at June 30, 2021:


Fiscal year ending June 30:
2022	$	18,597
2023	18,116
2024	15,126
2025	10,016
2026	5,869
Thereafter	2,599
Total minimum payments	70,323
Less: amount representing interest	(7,044)
Total	$	63,279

Leases

As Lessee - Operating Leases

The following tables present supplemental balance sheet information related to operating leases. ROU assets are included in other assets and lease liabilities are included in other liabilities.


	June 30,
	2021			2020
Supplemental balance sheet information:
ROU assets	$	5,498		$	4,601

Lease liabilities	$	5,926		$	4,590

Weighted-average remaining lease terms	9.49			5.02
Weighted-average discount rate	3.18		%	2.97		%

The following schedule summarizes aggregate future minimum lease payments under these operating leases at June 30, 2021:


Fiscal year ending June 30:
2022	$	1,405
2023	1,347
2024	876
2025	492
2026	371
Thereafter	2,375
Total of future minimum payments	$	6,866

The following table presents components of operating lease expense for the year ended:


	Year Ended June 30,
	2021		2020
Operating lease cost (included in occupancy expense)	$	1,818	$	1,821
Sublease income (included in other, net noninterest income)	(223)		(242)
Total operating lease expense, net	$	1,595	$	1,579

As Lessee - Finance Lease

The following schedule summarizes aggregate future minimum lease payments under this finance lease obligation at June 30, 2021:


Fiscal year ending June 30:
2022	$	134
2023	134
2024	145
2025	146
2026	146
Thereafter	1,702
Total minimum lease payments	2,407
Less: amount representing interest	(603)
Present value of net minimum lease payments	$	1,804

Supplemental lease cash flow information for the year ended June 30:


	Year Ended June 30,
	2021		2020
ROU assets - noncash additions (operating leases)	$	2,586	$	5,296
ROU assets - noncash addition (finance lease)	—		2,052
Cash paid for amounts included in the measurement of lease liabilities (operating leases)	2,036		2,142
Cash paid for amounts included in the measurement of lease liabilities (finance leases)	134		134

As Lessor - General

As Lessor - Operating Leases

The following schedule summarizes aggregate future minimum operating lease payments to be received at June 30, 2021:


Fiscal year ending June 30:
2022	$	1,684
2023	5,705
2024	3,890
2025	1,685
2026	449
Thereafter	127
Total of future minimum payments	$	13,540

As Lessor - Finance Leases

The following table presents components of finance lease net investment included within equipment finance class of financing receivables:


	June 30,
	2021		2020
Lease receivables	$	63,279	$	44,927

The following schedule summarizes aggregate future minimum finance lease payments to be received at June 30, 2021:


Fiscal year ending June 30:
2022	$	18,597
2023	18,116
2024	15,126
2025	10,016
2026	5,869
Thereafter	2,599
Total minimum payments	70,323
Less: amount representing interest	(7,044)
Total	$	63,279

Leases

As Lessee - Operating Leases

The following tables present supplemental balance sheet information related to operating leases. ROU assets are included in other assets and lease liabilities are included in other liabilities.


	June 30,
	2021			2020
Supplemental balance sheet information:
ROU assets	$	5,498		$	4,601

Lease liabilities	$	5,926		$	4,590

Weighted-average remaining lease terms	9.49			5.02
Weighted-average discount rate	3.18		%	2.97		%

The following schedule summarizes aggregate future minimum lease payments under these operating leases at June 30, 2021:


Fiscal year ending June 30:
2022	$	1,405
2023	1,347
2024	876
2025	492
2026	371
Thereafter	2,375
Total of future minimum payments	$	6,866

The following table presents components of operating lease expense for the year ended:


	Year Ended June 30,
	2021		2020
Operating lease cost (included in occupancy expense)	$	1,818	$	1,821
Sublease income (included in other, net noninterest income)	(223)		(242)
Total operating lease expense, net	$	1,595	$	1,579

As Lessee - Finance Lease

The following schedule summarizes aggregate future minimum lease payments under this finance lease obligation at June 30, 2021:


Fiscal year ending June 30:
2022	$	134
2023	134
2024	145
2025	146
2026	146
Thereafter	1,702
Total minimum lease payments	2,407
Less: amount representing interest	(603)
Present value of net minimum lease payments	$	1,804

Supplemental lease cash flow information for the year ended June 30:


	Year Ended June 30,
	2021		2020
ROU assets - noncash additions (operating leases)	$	2,586	$	5,296
ROU assets - noncash addition (finance lease)	—		2,052
Cash paid for amounts included in the measurement of lease liabilities (operating leases)	2,036		2,142
Cash paid for amounts included in the measurement of lease liabilities (finance leases)	134		134

As Lessor - General

As Lessor - Operating Leases

The following schedule summarizes aggregate future minimum operating lease payments to be received at June 30, 2021:


Fiscal year ending June 30:
2022	$	1,684
2023	5,705
2024	3,890
2025	1,685
2026	449
Thereafter	127
Total of future minimum payments	$	13,540

As Lessor - Finance Leases

The following table presents components of finance lease net investment included within equipment finance class of financing receivables:


	June 30,
	2021		2020
Lease receivables	$	63,279	$	44,927

The following schedule summarizes aggregate future minimum finance lease payments to be received at June 30, 2021:


Fiscal year ending June 30:
2022	$	18,597
2023	18,116
2024	15,126
2025	10,016
2026	5,869
Thereafter	2,599
Total minimum payments	70,323
Less: amount representing interest	(7,044)
Total	$	63,279

Income Taxes

12 Months Ended

Jun. 30, 2021

Income Tax Disclosure [Abstract]

Income Taxes

Income tax expense as of the dates indicated consisted of:


	Year Ended June 30,
	2021		2020		2019
Current:
Federal	$	(340)	$	80	$	755
State	188		748		690
Total current expense (benefit)	(152)		828		1,445
Deferred:
Federal	3,374		5,184		5,404
State	199		12		267
Adjustment due to the Tax Act	—		—		(325)
Total deferred expense	3,573		5,196		5,346
Total income tax expense	$	3,421	$	6,024	$	6,791

The provision for income taxes differs from the amount of income tax determined by applying the applicable U.S. statutory federal income tax rate to income before income taxes as a result of the following differences for the periods indicated:


	Year Ended June 30,
	2021				2020				2019
	Amount		Rate		Amount		Rate		Amount		Rate
Tax at federal income tax rate	$	4,010	21	%	$	6,049	21	%	$	7,127	21	%
Increase (decrease) resulting from:
Tax exempt income	(911)		(5)	%	(872)		(3)	%	(855)		(2)	%

Change in valuation allowance for deferred tax assets, allocated to income tax expense	—		—	%	—		—	%	(325)		(1)	%
State tax, net of federal benefit	306		2	%	600		2	%	756		2	%

Other	16		—	%	247		1	%	88		—	%
Total	$	3,421	18	%	$	6,024	21	%	$	6,791	20	%

The sources and tax effects of temporary differences that give rise to significant portions of the deferred tax assets (liabilities) at June 30, 2021 and 2020 are presented below:


	June 30,
	2021		2020
Deferred tax assets:

Allowance for credit losses	$	8,158	$	6,456
Deferred compensation and post-retirement benefits	8,349		8,637

Impairments on real estate owned	110		198
Other than temporary impairment on investments	2,205		2,207
Net operating loss carryforward	4,489		4,513
Discount from business combination	2,474		2,192

Stock compensation plans	2,166		2,279
Other	1,412		1,274
Total gross deferred tax assets	29,363		27,756


Deferred tax (liabilities):
Depreciable basis of fixed assets	(6,555)		(6,017)
Deferred loan fees	(753)		(603)
FHLB stock, book basis in excess of tax	(89)		(89)
Unrealized gain on debt securities available for sale	(452)		(602)
Other	(4,613)		(4,111)
Total gross deferred tax liabilities	(12,462)		(11,422)
Net deferred tax assets	$	16,901	$	16,334

The Company had federal NOL carry forwards of $21,377 and $21,488 as of June 30, 2021 and June 30, 2020, respectively, with a recorded tax benefit of $4,489 and $4,513 included in deferred tax assets. The majority of these NOLs will expire for federal tax purposes from 2028 through 2036, if not previously used.

Retained earnings at June 30, 2021 and 2020 include $19,570 representing pre-1988 tax bad debt reserve base year amounts for which no deferred tax liability has been provided since these reserves are not expected to reverse and may never reverse. Circumstances that would require an accrual of a portion or all of this unrecorded tax liability are a failure to meet the definition of a bank, dividend payments in excess of current year or accumulated earnings and profits, or other distributions in dissolution or liquidation of the Bank. The Company is no longer subject to examination for federal and state purposes for tax years prior to 2017.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References + Details

Employee Benefit Plans

12 Months Ended

Jun. 30, 2021

Retirement Benefits [Abstract]

Employee Benefit Plans

Employee Benefit PlansThe HomeTrust Bank KSOP Plan is comprised of two components, the 401(k) Plan and the ESOP. The KSOP benefits employees with at least 1,000 hours of service during a 12-month period and who have attained age 21. Under the 401(k), the Company matches employee contributions at 50% of employee deferrals up to 6% of each employee’s compensation. The Company may also make discretionary profit sharing contributions for the benefit of all eligible participants as long as total contributions do not exceed applicable limitations. Employees become fully vested in the Company’s contributions after six years of service. Under the ESOP, the amount of the Bank's annual contribution is discretionary; however, it must be sufficient to pay the annual loan payment to the Company.

The Company’s expense for 401(k) contributions to this plan was $914, $782, and $810 for the years ended June 30, 2021, 2020, and 2019, respectively. The Company's expense related to the ESOP for the fiscal years ended June 30, 2021, 2020, and 2019 was $1,125, $1,195, and $1,422, respectively.

Shares held by the ESOP at the dates indicated include the following:


	June 30,
	2021		2020
Unallocated ESOP shares	581,900		634,800
Allocated ESOP shares	449,650		370,300
ESOP shares committed to be released	26,450		52,900
Total ESOP shares	1,058,000		1,058,000
Fair value of unallocated ESOP shares	$	16,235	$	10,157

Post-retirement health care benefits are provided to certain key officers under the Company’s Executive Medical Care Plan (“EMCP”). The EMCP is unfunded and is not qualified under the IRC. Plan expense for the years ended June 30, 2021, 2020, and 2019 was $263, $260, and $210, respectively. Total accrued expenses related to this plan included in other liabilities were $5,444 and $5,301, respectively, as of June 30, 2021 and 2020.

Deferred Compensation Agreements

12 Months Ended

Jun. 30, 2021

Retirement Benefits [Abstract]

Deferred Compensation Agreements

The Company’s Director Emeritus Plans (“Plans”) provide certain benefits to Emeritus Directors for providing current advisory services to the Company. The Plans are unfunded and are not qualified under the IRC. Plan benefits vary by participant and are payable to a designated beneficiary in the event of death. The Company records an expense based on the present value of expected future benefits. Plan expenses for the years ended June 30, 2021, 2020, and 2019 were $392, $398, and $410, respectively. Total accrued expenses related to these plans included in other liabilities were $7,576 and $7,895, respectively, as of June 30, 2021 and 2020.

The Company has deferred compensation agreements with certain members of the Company’s Board of Directors. The future payments related to these agreements are to be funded with life insurance contracts which are payable to the Company at the time of the director’s death. For the years ended June 30, 2021, 2020, and 2019 deferred compensation expense was $18, $21, and $28, respectively.

The net cash surrender value of the related life insurance policies and deferred compensation liability as of the dates indicated are detailed below:


	June 30,
	2021		2020
Net cash surrender value of life insurance, related to deferred compensation	$	6,481	$	7,463
Deferred compensation liability, included in other liabilities	$	675	$	771

Long term deferred compensation and supplemental retirement plans are provided to certain key current and former officers. These plans are unfunded and are not qualified under the IRC. The benefits will vary by participant and are payable to a designated beneficiary in the event of death. Plan expenses for the years ended June 30, 2021, 2020, and 2019 were $653, $783, and $771, respectively. Total accrued expenses related to these plans included in other liabilities were $17,900 and $18,743, as of June 30, 2021 and 2020, respectively.

In addition, the Company has a deferred compensation plan provided to certain officers and directors. The plan allows the participants to defer any of their annual compensation, including bonus payments, up to the maximum allowed for each participant. The plan is unfunded and is not qualified under the IRC. Plan expenses for the years ended June 30, 2021, 2020, and 2019 were $164, $208, and $223, respectively. The total deferred compensation plan payable included in other liabilities was $4,617 and $4,779, respectively as of June 30, 2021 and 2020.

Net Income per Share

12 Months Ended

Jun. 30, 2021

Earnings Per Share [Abstract]

Net Income per Share

The following is a reconciliation of the numerator and denominator of basic and diluted net income per share of common stock as of the dates indicated:


	Year Ended June 30,
	2021		2020		2019
Numerator:
Net income	$	15,675	$	22,783	$	27,146
Allocation of earnings to participating securities	(145)		(194)		(189)
Numerator for basic EPS - Net income available to common stockholders	$	15,530	$	22,589	$	26,957
Effect of dilutive securities:
Dilutive effect to participating securities	4		6		7
Numerator for diluted EPS	$	15,534	$	22,595	$	26,964
Denominator:
Weighted-average common shares outstanding - basic	16,078,066		16,729,056		17,692,493
Effect of dilutive shares	417,049		563,183		700,691
Weighted-average common shares outstanding - diluted	16,495,115		17,292,239		18,393,184
Net income per share - basic	$	0.96	$	1.34	$	1.52
Net income per share - diluted	$	0.94	$	1.30	$	1.46

There were 529,850 and 511,800 outstanding stock options that were anti-dilutive as of June 30, 2021 and 2020, respectively.

Equity Incentive Plan

12 Months Ended

Jun. 30, 2021

Share-based Payment Arrangement [Abstract]

Equity Incentive Plan

The Company provides stock-based awards through the 2013 Omnibus Incentive Plan which provides for awards of restricted stock, restricted stock units, stock options, stock appreciation rights, and cash awards to directors, emeritus directors, officers, employees, and advisory directors. The cost of equity-based awards under the 2013 Omnibus Incentive Plan generally is based on the fair value of the awards on their grant date. The maximum number of shares that may be utilized for awards under the plan is 2,962,400, including 2,116,000 for stock options and stock appreciation rights and 846,400 for awards of restricted stock and restricted stock units.

Shares of common stock issued under the plan would be issued out of authorized but unissued shares, some or all of which may be repurchased shares. As of June 30, 2013, the Company had repurchased all 846,400 shares on the open market for issuance under the 2013 Omnibus Incentive Plan, for $13,297, at an average cost of $15.71 per share.

Share based compensation expense related to stock options and restricted stock recognized for the fiscal year ended June 30, 2021, 2020, and 2019 was $2,102, $1,822, and $1,601, respectively, before the related tax benefit of $494, $428, and $376, respectively.

The table below presents stock option activity and related information:


	Options	Weighted- average exercise price		Remaining contractual life (years)	Aggregate Intrinsic Value
Options outstanding at June 30, 2018	1,718,270	17.29		5.9	$	18,664
Granted	40,500	27.51		—	—

Exercised	80,311	14.62		—	—
Forfeited	20,300	23.30		—	—
Expired	945	23.82		—	—
Options outstanding at June 30, 2019	1,657,214	$	17.29	5.0	$	12,909
Exercisable at June 30, 2019	1,279,614	$	15.39
Granted	66,000	25.46		—	—

Exercised	106,914	14.41		—	—
Forfeited	800	17.35		—	—

Options outstanding at June 30, 2020	1,615,500	$	18.12	4.4	$	1,711
Exercisable at June 30, 2020	1,298,000	$	16.27
Granted	49,750	23.44		—	—

Exercised	318,894	14.40		—	—
Forfeited	26,900	25.77		—	—

Options outstanding at June 30, 2021	1,319,456	$	19.07	3.9	$	11,657
Exercisable at June 30, 2021	1,074,706	$	17.63	3.1	$	11,036
Non-vested at June 30, 2021	244,750	$	25.37	7.5	$	621

The fair value of each option is estimated on the date of grant using the Black-Scholes-Merton option pricing model. Assumptions used for grants were as follows:


Assumptions in Estimating Option Values
	Year Ended June 30,
	2021			2020
Weighted-average volatility	28.32		%	25.60		%
Expected dividend yield	1.33		%	1.05		%
Risk-free interest rate	0.77		%	1.43		%
Expected life (years)	6.5			6.5
Weighted-average fair value of options granted	$	5.61		$	5.88

At June 30, 2021, the Company had $1,258 of unrecognized compensation expense related to 244,750 stock options originally scheduled to vest over a five-year vesting period. The weighted average period over which compensation cost related to non-vested awards is expected to be recognized was 1.6 years at June 30, 2021. At June 30, 2020, the Company had $1,701 of unrecognized compensation expense related to 317,500 stock options originally scheduled to vest over a five-year vesting period. The weighted average period over which compensation cost related to non-vested awards is expected to be recognized was 1.8 years at June 30, 2020. All unexercised options expire ten years after the grant date.

The table below presents restricted stock award activity and related information:


	Restricted stock awards	Weighted- average grant date fair value		Aggregate Intrinsic Value
Non-vested at June 30, 2018	133,410	$	22.85	$	3,755
Granted	34,000	27.51		—
Vested	39,310	21.64		—
Forfeited	4,300	19.08		—
Non-vested at June 30, 2019	123,800	24.65		2,258
Granted	67,556	26.39		—
Vested	38,925	23.02		—
Forfeited	8,385	24.88		—
Non-vested at June 30, 2020	144,046	25.89		2,305
Granted	58,547	23.10		—
Vested	45,296	25.17		—
Forfeited	5,722	25.02		—
Non-vested at June 30, 2021	151,575	$	25.06	$	4,229

The table above includes performance-based restrictive stock units totaling 30,780 and 11,250 at June 30, 2021 and 2020, respectively. These stock units are scheduled to vest over 3.0 years assuming certain performance metrics are met.

At June 30, 2021, unrecognized compensation expense was $2,811 related to 151,575 shares of restricted stock originally scheduled to vest over three- and five-year vesting periods. The weighted average period over which compensation cost related to non-vested awards is expected to be recognized was 1.7 years at June 30, 2021. At June 30, 2020, unrecognized compensation expense was $3,048 related to 144,046 shares of restricted stock originally scheduled to vest over three- and five-year vesting periods. The weighted average period over which compensation cost related to non-vested awards is expected to be recognized was 1.8 years at June 30, 2020.

Commitments and Contingencies	12 Months Ended
Commitments and Contingencies	Jun. 30, 2021
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Loan Commitments Legally binding commitments to extend credit are agreements to lend to a customer as 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. Since many commitments may expire without being drawn upon, the total commitment amounts do not necessarily represent future cash requirements. In the normal course of business, there are various outstanding commitments to extend credit that are not reflected in the consolidated financial statements. At June 30, 2021 and June 30, 2020, respectively, loan commitments (excluding $277,600 and $141,557 of undisbursed portions of construction loans) totaled $123,463 and $57,798 of which $45,270 and $10,678 were variable rate commitments and $78,193 and $47,120 were fixed rate commitments. The fixed rate loans had interest rates ranging from 2.50% to 8.36% at June 30, 2021 and 1.74% to 8.54% at June 30, 2020, and terms ranging from three to 30 years. Pre-approved but unused lines of credit (principally second mortgage home equity loans and overdraft protection loans) totaled $530,505 and $398,781 at June 30, 2021 and 2020, respectively. These amounts represent the Company’s exposure to credit risk, and in the opinion of management have no more than the normal lending risk that the Company commits to its borrowers. The Company has two types of commitments related to mortgage loans held for sale: rate lock commitments and forward loan sale commitments. Rate lock commitments are commitments to extend credit to a customer that has an interest rate lock and are considered derivative instruments. The rate lock commitments do not qualify for hedge accounting. In order to mitigate the risk from interest rate fluctuations, the Company enters into forward loan sale commitments on a “best efforts” basis, which do not meet the definition of a derivative instrument. The fair value of these commitments was not material at June 30, 2021 or June 30, 2020. The Company grants construction and permanent loans collateralized primarily by residential and commercial real estate to customers throughout its primary market area. In addition, the Company grants equipment financing throughout the eastern United States and municipal leases to customers throughout North Carolina, South Carolina, and Virginia. The Company’s loan portfolio can be affected by the general economic conditions within these market areas. Management believes that the Company has no significant concentration of credit in the loan portfolio. Restrictions on Cash In response to COVID-19, the FRB reduced the reserve requirements to zero on March 15, 2020. Prior to this change the Bank was required by regulation to maintain a varying cash reserve balance with the FRB. Guarantees Standby letters of credit obligate the Company to meet certain financial obligations of its customers, if, under the contractual terms of the agreement, the customers are unable to do so. The financial standby letters of credit issued by the Company are irrevocable and payment is only guaranteed upon the borrower’s failure to perform its obligations to the beneficiary. Total commitments under standby letters of credit as of June 30, 2021 and 2020 were $8,681 and $7,766, respectively. There was no liability recorded for these letters of credit at June 30, 2021 or June 30, 2020. Litigation The Company is involved in several litigation matters in the ordinary course of business. These proceedings and the associated legal claims are often contested and the outcome of individual matters is not always predictable. These claims and counter claims typically arise during the course of collection efforts on problem loans or with respect to actions to enforce liens on properties in which the Company holds a security interest. There can be no assurance that loan workouts and other activities will not expose the Company to additional legal actions, including lender liability or environmental claims. Therefore, the Company may be exposed to substantial liabilities, which could adversely affect its results of operations and financial condition. Moreover, the expenses of legal proceedings will adversely affect its results of operations until they are resolved. The Company is not a party to any pending legal proceedings that management believes would have a material adverse effect on the Company’s financial condition or results of operations.

Capital

12 Months Ended

Jun. 30, 2021

Banking And Thrift, Regulatory Capital Requirements [Abstract]

Capital

At June 30, 2021, stockholders' equity totaled $396,519. HomeTrust Bancshares, Inc. is a bank holding company subject to regulation by the Federal Reserve. As a bank holding company, they are subject to capital adequacy requirements of the Federal Reserve under the Bank Holding Company Act of 1956, as amended and the regulations of the Federal Reserve. The Company's subsidiary, the Bank, an FDIC-insured, North Carolina state-chartered bank and a member of the Federal Reserve System, is supervised and regulated by the Federal Reserve and the NCCOB and is subject to minimum capital requirements applicable to state member banks established by the Federal Reserve that are calculated in a manner similar to those applicable to bank holding companies. Failure to meet minimum capital requirements can initiate certain mandatory and possibly additional discretionary actions by bank regulators that, if undertaken, could have a direct material effect on the Company's financial statements.

Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Bank must meet specific capital guidelines that involve quantitative measures of the Bank’s assets, liabilities and certain off-balance-sheet items as calculated under regulatory accounting practices. The Bank’s capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings and other factors.

At June 30, 2021, HomeTrust Bancshares, Inc. and the Bank each exceeded all regulatory capital requirements as of that date. Consistent with the Company's goals to operate a sound and profitable organization, their policy is for the Bank to maintain a “well-capitalized” status under the regulatory capital categories of the Federal Reserve. The Bank was categorized as "well-capitalized" at June 30, 2021 under applicable regulatory requirements.

HomeTrust Bancshares, Inc. and the Bank's actual and required minimum capital amounts and ratios are as follows:


					Regulatory Requirements
	Actual				Minimum for Capital Adequacy Purposes				Minimum to Be Well Capitalized
	Amount		Ratio		Amount		Ratio		Amount		Ratio
HomeTrust Bancshares, Inc.
June 30, 2021
CET1 capital (to risk-weighted assets)	$	375,320	11.26	%	$	149,943	4.50	%	$	216,584	6.50	%
Tier 1 capital (to total adjusted assets)	$	375,320	10.29	%	$	145,915	4.00	%	$	182,393	5.00	%
Tier 1 capital (to risk-weighted assets)	$	375,320	11.26	%	$	199,924	6.00	%	$	266,565	8.00	%
Total risk-based capital (to risk-weighted assets)	$	398,408	11.96	%	$	266,565	8.00	%	$	333,206	10.00	%

June 30, 2020
CET1 capital (to risk-weighted assets)	$	374,437	11.26	%	$	149,614	4.50	%	$	216,109	6.50	%
Tier 1 capital (to total adjusted assets)	$	374,437	10.26	%	$	146,047	4.00	%	$	182,559	5.00	%
Tier 1 capital (to risk-weighted assets)	$	374,437	11.26	%	$	199,485	6.00	%	$	265,980	8.00	%
Total risk-based capital (to risk-weighted assets)	$	402,964	12.12	%	$	265,980	8.00	%	$	332,476	10.00	%

HomeTrust Bank:
June 30, 2021
CET1 capital (to risk-weighted assets)	$	357,767	10.74	%	$	149,936	4.50	%	$	216,575	6.50	%
Tier 1 capital (to total adjusted assets)	$	357,767	9.81	%	$	145,933	4.00	%	$	182,417	5.00	%
Tier 1 capital (to risk-weighted assets)	$	357,767	10.74	%	$	199,915	6.00	%	$	266,553	8.00	%
Total risk-based capital (to risk-weighted assets)	$	380,855	11.43	%	$	266,553	8.00	%	$	333,192	10.00	%

June 30, 2020
CET1 capital (to risk-weighted assets)	$	362,841	10.91	%	$	149,608	4.50	%	$	216,100	6.50	%
Tier 1 capital (to total adjusted assets)	$	362,841	9.94	%	$	146,010	4.00	%	$	182,512	5.00	%
Tier 1 capital (to risk-weighted assets)	$	362,841	10.91	%	$	199,477	6.00	%	$	265,969	8.00	%
Total risk-based capital (to risk-weighted assets)	$	391,368	11.77	%	$	265,969	8.00	%	$	332,461	10.00	%

___________________________________

In addition to the minimum CET1, Tier 1 and total risk-based capital ratios, HomeTrust Bancshares, Inc. and the Bank have to maintain a capital conservation buffer consisting of additional CET1 capital of more than 2.50% above the required minimum levels in order to avoid limitations on paying dividends, engaging in share repurchases, and paying discretionary bonuses based on percentages of eligible retained income that could be utilized for such actions. As of June 30, 2021, the conservation buffer was 3.96% and 3.43% for HomeTrust Bancshares, Inc. and the Bank, respectively.

A reconciliation of HomeTrust Bancshares, Inc.'s stockholders' equity under US GAAP and regulatory capital amounts as of the dates indicated follows:


	June 30,
	2021		2020
Total stockholders' equity under US GAAP	$	396,519	$	408,263
Accumulated other comprehensive income, net of tax	(1,514)		(2,017)
Investment in nonincludable subsidiary	(862)		(815)
Disallowed deferred tax assets	(4,459)		(4,526)
Disallowed goodwill and other disallowed intangible assets	(25,902)		(26,468)
Cumulative-effect adjustment due to the adoption of ASU 2016-13	13,358		—
Modifed CECL transition adjustment (1)	(1,820)		—
Tier 1 Capital and CET1	375,320		374,437
Allowable portion of allowance for credit losses and loan commitments	23,088		28,527
Total risk-based capital	$	398,408	$	402,964

_____________________

(1) The Company made an election to use the 2020 CECL transition provision as adopted by the Federal Reserve and the FDIC. This transition provision provides banking organizations that were required to adopt CECL for GAAP purposes during the 2020 calendar year, the option to delay for up to two years an estimate of CECL's effect on regulatory capital followed by a three-year transition period.

- Definition

The entire disclosure for regulatory capital requirement for depository and lending institutions. Institutions include, but not are not limited to, finance company, insured depository institution, bank holding company, savings and loan association holding company, bank and savings institution not federally insured, mortgage company, foreign financial institution and credit union.

+ References + Details

Parent Company Financial Information

12 Months Ended

Jun. 30, 2021

Condensed Financial Information Disclosure [Abstract]

Parent Company Financial Information

The Company’s principal asset is its investment in its subsidiary, the Bank. The following tables present condensed financial information of the Company:

Condensed Balance Sheet


	June 30,
	2021		2020
Assets:
Cash and cash equivalents	$	9,602	$	3,888





REO	143		143
Investment in bank subsidiary	378,966		396,667
ESOP loan receivable	6,665		6,918
Other assets	1,241		731
Total assets	$	396,617	$	408,347
Liabilities and stockholders’ equity:
Other liabilities	$	98	$	84
Stockholders’ equity	396,519		408,263
Total liabilities and stockholders’ equity	$	396,617	$	408,347

Condensed Statement of Income


	Year Ended June 30,
	2021		2020		2019
Income:
Interest income	$	158	$	217	$	329
Other income	—		1		54
Equity earnings in Bank subsidiary	16,246		23,522		27,287
Total income	16,404		23,740		27,670
Expense:
Management fee expense	474		399		407
REO expense	—		5		11
Loss on sale and impairment of REO	—		249		114
Recovery of loan losses	—		(4)		(259)
Other expense	255		258		251
Total expense	729		907		524
Income before income taxes	15,675		22,833		27,146
Income tax expense	—		50		—
Net income	$	15,675	$	22,783	$	27,146

Condensed Statement of Cash Flows


	Year Ended June 30,
	2021		2020		2019
Operating activities:
Net income	$	15,675	$	22,783	$	27,146
Adjustments to reconcile net income to net cash provided by operating activities:
Recovery of loan losses	—		(4)		(259)
Loss on sale and impairment of REO	—		249		114
Decrease (increase) in other assets	(435)		(221)		52
Equity in undistributed income of Bank	(16,246)		(23,522)		(27,287)
ESOP compensation expense	1,125		1,195		1,422
Restricted stock and stock option expense	2,102		1,822		1,601
Increase in other liabilities	(61)		45		—
Net cash provided by operating activities	2,160		2,347		2,789
Investing activities:

Maturities of certificates of deposit in other banks	—		746		248



Repayment of loans	—		1,243		2,796


Increase in investment in Bank subsidiary	(1,330)		(1,380)		(1,556)
Dividend from subsidiary	21,416		19,445		13,454

ESOP principal payments received	253		494		484
Proceeds from sale of REO	—		229		70


Net cash provided by investing activities	20,339		20,777		15,496
Financing activities:


Common stock repurchased	(16,155)		(24,484)		(30,638)
Cash dividends paid	(5,018)		(4,552)		(3,176)
Retired stock	(204)		(222)		(205)
Exercised stock options	4,592		1,541		1,173
Net cash used in financing activities	(16,785)		(27,717)		(32,846)
Net increase (decrease) in cash and cash equivalents	5,714		(4,593)		(14,561)
Cash and cash equivalents at beginning of period	3,888		8,481		23,042
Cash and cash equivalents at end of period	$	9,602	$	3,888	$	8,481

Fair Value of Financial Instruments

12 Months Ended

Jun. 30, 2021

Fair Value Disclosures [Abstract]

Fair Value of Financial Instruments

The Company utilizes fair value measurements to record fair value adjustments to certain assets and to determine fair value disclosures. Debt securities available for sale are recorded at fair value on a recurring basis. Additionally, from time to time, the Company may be required to record at fair value other assets on a nonrecurring basis, such as impaired loans. These nonrecurring fair value adjustments typically involve application of lower of cost or market accounting or write-downs of individual assets. The Company measures the fair value of loans receivable under the exit price notion. The fair value of nonperforming loans is based on the underlying value of the collateral.

Fair Value Hierarchy

The Company groups assets at fair value in three levels, based on the markets in which the assets are traded and the reliability of the assumptions used to determine fair value. These levels are:

Level 1: Valuation is based upon quoted prices for identical instruments traded in active markets.

Level 2: Valuation is based upon quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-based valuation techniques for which all significant assumptions are observable in the market.

Level 3: Valuation is generated from model-based techniques that use at least one significant assumption not observable in the market. These unobservable assumptions reflect estimates of assumptions that market participants would use in pricing the asset. Valuation techniques include use of option pricing models, discounted cash flow models and similar techniques.

Following is a description of valuation methodologies used for assets recorded at fair value. The Company does not have any liabilities recorded at fair value.

Debt Securities Available for Sale

Debt securities available for sale are valued on a recurring basis at quoted market prices where available. If quoted market prices are not available, fair values are based on quoted prices of comparable securities. Level 1 securities include those traded on an active exchange, such as the New York Stock Exchange or U.S. Treasury securities that are traded by dealers or brokers in active over-the-counter markets and money market funds. Level 2 securities include MBS and debentures issued by GSEs, municipal bonds, and corporate debt securities. The Company has no Level 3 securities.

Loans Held for Sale

Loans held for sale are adjusted to lower of cost or fair value. Fair value is based on commitments on hand from investors or, if commitments have not yet been obtained, what investors are currently offering for loans with similar characteristics. The Company considers all loans held for sale carried at fair value as nonrecurring Level 3.

Individually Evaluated Loans

The Company does not record loans at fair value on a recurring basis. From time to time, however, a loan is individually evaluated and an allowance for credit loss is established. Loans for which it is expected that payment of principal and interest will not be made in accordance with the contractual terms of the loan agreement are individually evaluated. Once a loan is identified, the fair value is estimated using one of two ways, which include collateral value and discounted cash flows. The Company reviews all individually evaluated loans each quarter to determine if an allowance is necessary. Those individually evaluated loans not requiring an allowance represent loans for which the fair value of the expected repayments or collateral exceed the recorded investments in such loans.

Loans are considered collateral dependent if repayment is expected solely from the collateral. For these collateral dependent loans, the Company obtains updated appraisals at least annually. These appraisals are reviewed for appropriateness and then discounted for estimated closing costs to determine if an allowance is necessary. As part of the quarterly review of individually evaluated loans, the Company reviews these appraisals to determine if any additional discounts to the fair value are necessary. If a current appraisal is not obtained, the Company determines whether a discount is needed to the value from the original appraisal based on the decline in value of similar properties with recent appraisals. For loans that are not collateral dependent, estimated fair value is based on the present value of expected future cash flows using the interest rate implicit in the original agreement. Individually evaluated loans where a charge-off has occurred or an allowance is established during the period being reported require classification in the fair value hierarchy. The Company records such loans as a nonrecurring Level 3 in the fair value hierarchy.

Real Estate Owned

REO is considered held for sale and is adjusted to fair value less estimated selling costs upon transfer of the loan to foreclosed assets. Fair value is based upon independent market prices, appraised value of the collateral or management’s estimation of the value of the collateral. The Company considers all REO that has been charged off or received an allowance during the period as nonrecurring Level 3.

Financial Assets Recorded at Fair Value on a Recurring Basis

The following table presents financial assets measured at fair value on a recurring basis at the dates indicated:


	June 30, 2021
	Total		Level 1		Level 2		Level 3
U.S government agencies	$	19,073	$	—	$	19,073	$	—
Residential MBS of U.S. government agencies and GSEs	43,404		—		43,404		—
Municipal bonds	9,551		—		9,551		—
Corporate bonds	84,431		—		84,431		—

Total	$	156,459	$	—	$	156,459	$	—


	June 30, 2020
	Total		Level 1		Level 2		Level 3
U.S government agencies	$	4,173	$	—	$	4,173	$	—
Residential MBS of U.S. government agencies and GSEs	48,355		—		48,355		—
Municipal bonds	16,631		—		16,631		—
Corporate bonds	58,378		—		58,378		—

Total	$	127,537	$	—	$	127,537	$	—

There were no transfers between levels during the years ended June 30, 2021 and 2020.

Financial Assets Recorded at Fair Value on a Nonrecurring Basis

The following table presents financial assets measured at fair value on a non-recurring basis at the dates indicated:


	June 30, 2021
	Total		Level 1		Level 2		Level 3
Individually evaluated loans	$	8,354	$	—	$	—	$	8,354


	June 30, 2020
	Total		Level 1		Level 2		Level 3
Impaired loans	$	9,168	$	—	$	—	$	9,168
REO	97		—		—		97
Total	$	9,265	$	—	$	—	$	9,265

Quantitative information about Level 3 fair value measurements during the period ended June 30, 2021 and 2020 is shown in the table below:

Fair Value at June 30, 2021

Valuation
Techniques

Unobservable
Input

Range

Weighted
Average

Nonrecurring measurements:

Individually evaluated loans

8,354

Discounted appraisals and discounted cash flows

Collateral discounts: Discount spread:

0% - 52% 0% - 7%


	Fair Value at June 30, 2020		Valuation Techniques	Unobservable Input	Range		Weighted Average
Nonrecurring measurements:
Impaired loans, net	$	9,168	Discounted appraisals and discounted cash flows	Collateral discounts: Discount spread:	0% - 63% 2% - 3%		27	%
REO	$	97	Discounted appraisals	Collateral discounts	8	%	8	%

The stated carrying value and estimated fair value amounts of financial instruments as of June 30, 2021 and June 30, 2020, are summarized below:


	June 30, 2021
	Carrying Value		Fair Value		Level 1		Level 2		Level 3
Assets:
Cash and cash equivalents	$	50,990	$	50,990	$	50,990	$	—	$	—
Commercial paper	189,596		189,596		189,596		—		—
Certificates of deposit in other banks	40,122		40,122		—		40,122		—
Debt securities available for sale	156,459		156,459		—		156,459		—
Loans held for sale	93,539		94,779		—		—		94,779
Loans, net	2,697,799		2,668,570		—		—		2,668,570
FHLB stock	6,153		6,153		6,153		—		—
FRB stock	7,386		7,386		7,386		—		—
SBIC investments	10,171		10,171		—		—		10,171

Accrued interest receivable	7,933		7,933		52		542		7,339
Liabilities:
Noninterest-bearing and NOW deposits	1,281,372		1,281,372		—		1,281,372		—
Money market accounts	975,001		975,001		—		975,001		—
Savings accounts	226,391		226,391		—		226,391		—
Certificates of deposit	472,777		474,397		—		474,397		—
Borrowings	115,000		115,000		—		115,000		—
Accrued interest payable	52		52		—		52		—


	June 30, 2020
	Carrying Value		Fair Value		Level 1		Level 2		Level 3
Assets:
Cash and cash equivalents	$	121,622	$	121,622	$	121,622	$	—	$	—
Commercial paper	304,967		304,967		304,967		—		—
Certificates of deposit in other banks	55,689		55,689		—		55,689		—
Debt securities available for sale	127,537		127,537		—		127,537		—
Loans held for sale	77,177		78,129		—		—		78,129
Loans, net	2,741,047		2,692,265		—		—		2,692,265
FHLB stock	23,309		23,309		23,309		—		—
FRB stock	7,368		7,368		7,368		—		—
SBIC investments	8,269		8,269		—		—		8,269
Accrued interest receivable	12,312		12,312		208		744		11,360
Liabilities:
Noninterest-bearing and NOW deposits	1,012,200		1,012,200		—		1,012,200		—
Money market accounts	836,738		836,738		—		836,738		—
Savings accounts	197,676		197,676		—		197,676		—
Certificates of deposit	739,142		745,078		—		745,078		—
Borrowings	475,000		511,529		—		511,529		—
Accrued interest payable	1,087		1,087		—		1,087		—

The Company had off-balance sheet financial commitments, which include approximately $931,568 and $598,136 of commitments to originate loans, undisbursed portions of interim construction loans, and unused lines of credit at June 30, 2021 and 2020 (see Note 17), respectively. Since these commitments are based on current rates, the carrying amount approximates the fair value.

Estimated fair values were determined using the following methods and assumptions:

Cash and interest-bearing deposits – The stated amounts approximate fair values as maturities are less than 90 days.

Commercial paper – The stated amounts approximate fair value due to the short-term nature of these investments.

Certificates of deposit in other banks – The stated amounts approximate fair values.

Debt securities available for sale – Fair values are based on quoted market prices where available. If quoted market prices are not available, fair values are based on quoted market prices of comparable instruments.

Loans held for sale – The fair value of mortgage loans held for sale is determined by outstanding commitments from investors on a "best efforts" basis or current investor yield requirements, calculated on the aggregate loan basis. The fair value of SBA loans and HELOCs held for sale is based on what investors are currently offering for loans with similar characteristics.

Loans, net – Fair values for loans are estimated by segregating the portfolio by type of loan and discounting scheduled cash flows using current market interest rates for loans with similar terms and credit quality. A prepayment assumption is used as an estimate of the portion of loans that will be repaid prior to their scheduled maturity. A liquidity premium assumption is used as an estimate for the additional return required by an investor of assets that are potentially considered illiquid.

FHLB and FRB stock – No ready market exists for these stocks and they have no quoted market value. However, redemption of these stocks has historically been at par value. Accordingly, cost is deemed to be a reasonable estimate of fair value.

SBIC – No ready market exists for these investments and they have no quoted market value. SBIC investments are valued at cost, less any impairment, plus or minus changes resulting from observable price changes in orderly transactions of identical or similar investments. Accordingly, cost is deemed to be a reasonable estimate of fair value.

Deposits – Fair values for demand deposits, money market accounts, and savings accounts are the amounts payable on demand as of June 30, 2021 and June 30, 2020. The fair value of certificates of deposit is estimated by discounting the contractual cash flows using current market interest rates for accounts with similar maturities.

Borrowings – The fair value of advances from the FHLB is estimated based on current rates for borrowings with similar terms.

Accrued interest receivable and payable – The stated amounts of accrued interest receivable and payable approximate the fair value.

Limitations – Fair value estimates are made at a specific point in time, based on relevant market information and information about the financial instrument. These estimates do not reflect any premium or discount that could result from offering for sale at one time the Company’s entire holdings of a particular financial instrument. Because no market exists for a significant portion of the Company’s financial instruments, fair value estimates are based on judgments regarding future expected loss experience, current economic conditions, risk characteristics of various financial instruments, and other factors. These estimates are subjective in nature and involve uncertainties and matters of significant judgment and therefore cannot be determined with precision. Changes in assumptions could significantly affect the estimates.

Fair value estimates are based on existing on-and-off balance sheet financial instruments without attempting to estimate the value of anticipated future business and the value of assets and liabilities that are not considered financial instruments. For example, a significant asset not considered a financial asset is premises and equipment. In addition, tax ramifications related to the realization of the unrealized gains and losses can have a significant effect on fair value estimates and have not been considered in any of the estimates.

Revenue

12 Months Ended

Jun. 30, 2021

Revenue from Contract with Customer [Abstract]

Revenue

Revenue from Contracts with Customers (Topic 606) is applicable to noninterest revenue streams such as deposit related fees, interchange fees, merchant income, and various other service fees. Topic 606 does not apply to revenue associated with financial instruments, including revenue from loans and securities. In addition, certain noninterest income streams such as fees associated with mortgage servicing rights, financial guarantees, and certain credit card fees are also not in scope of the guidance.

The table below presents the Company's sources of noninterest income, segregated by in-scope and out-of-scope revenue streams of Topic 606 for the periods indicated:


	Year Ended June 30,
	2021		2020		2019
In-scope of Topic 606:
Service charges on deposit accounts	$	2,785	$	3,772	$	3,978
Fees, interchange, and other service charges	7,013		6,332		6,377
Other	576		470		775
Noninterest income (in-scope of Topic 606)	10,374		10,574		11,130
Noninterest income (out-of-scope of Topic 606)	29,447		19,758		11,810
Total noninterest income	$	39,821	$	30,332	$	22,940

The following is a description of revenue streams accounted for under Topic 606:

Service charges on deposit accounts

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, nonsufficient fund 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. Nonsufficient fund fees, 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, interchange, and other service charges

Fees, interchange, 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, cashier’s checks, and other services. The Company’s performance obligation for fees, interchange, 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.

Other

Other noninterest income consists of safety deposit box rental fees and other miscellaneous revenue streams. Safe deposit box rental fees are charged to the customer on an annual basis and recognized upon receipt of payment. The Company determined that since rentals and renewals occur fairly consistently over time, revenue is recognized on a basis consistent with the duration of the performance obligation.

- Definition

The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-URI http://asc.fasb.org/topic&trid=49130388

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130551-203045

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 13
-Subparagraph (b)(2)
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130556-203045

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 12
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130554-203045

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 9
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130550-203045

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 12
-Subparagraph (e)
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130554-203045

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 12
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130554-203045

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 12
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130554-203045

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130558-203045

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 12
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130554-203045

+ Details

Unaudited Interim Financial Information

12 Months Ended

Jun. 30, 2021

Quarterly Financial Information Disclosure [Abstract]

Unaudited Interim Financial Information

The unaudited statements of income for each of the quarters during the fiscal years ended June 30, 2021, 2020 and 2019 are summarized below:


	Three Months Ended
	June 30, 2021		March 31, 2021		December 31, 2020		September 30, 2020
Interest and dividend income	$	28,806	$	29,321	$	30,157	$	30,449
Interest expense	2,808		3,628		4,035		4,940
Net interest income	25,998		25,693		26,122		25,509
Provision (benefit) for credit losses	(955)		(4,100)		(3,030)		950
Net interest income after provision (benefit) for credit losses	26,953		29,793		29,152		24,559
Noninterest income	11,160		10,678		9,344		8,639
Noninterest expense	48,233		30,506		26,443		26,000
Income before income taxes	(10,120)		9,965		12,053		7,198
Income tax benefit	(2,712)		2,096		2,592		1,445
Net income (loss)	$	(7,408)	$	7,869	$	9,461	$	5,753
Net income (loss) per common share:
Basic	$	(0.46)	$	0.49	$	0.58	$	0.35
Diluted	$	(0.46)	$	0.48	$	0.57	$	0.35


	Three Months Ended
	June 30, 2020		March 31, 2020		December 31, 2019		September 30, 2019
Interest and dividend income	$	31,074	$	33,037	$	35,896	$	36,247
Interest expense	6,386		7,728		8,862		9,174
Net interest income	24,688		25,309		27,034		27,073
Provision for credit losses	2,700		5,400		400		—
Net interest income after provision for credit losses	21,988		19,909		26,634		27,073
Noninterest income	7,223		6,375		9,074		7,660
Noninterest expense	24,652		24,903		24,041		23,533
Income before income taxes	4,559		1,381		11,667		11,200
Income tax expense	964		188		2,476		2,396
Net income	$	3,595	$	1,193	$	9,191	$	8,804
Net income per common share:
Basic	$	0.22	$	0.07	$	0.54	$	0.51
Diluted	$	0.22	$	0.07	$	0.52	$	0.49


	Three Months Ended
	June 30, 2019		March 31, 2019		December 31, 2018		September 30, 2018
Interest and dividend income	$	35,820	$	34,714	$	34,400	$	32,280
Interest expense	8,931		8,145		7,299		6,008
Net interest income	26,889		26,569		27,101		26,272
Provision for credit losses	200		5,500		—		—
Net interest income after provision for credit losses	26,689		21,069		27,101		26,272
Noninterest income	6,846		5,396		5,085		5,613
Noninterest expense	23,415		22,978		21,858		21,883
Income before income taxes	10,120		3,487		10,328		10,002
Income tax expense	2,107		185		2,287		2,212
Net income	$	8,013	$	3,302	$	8,041	$	7,790
Net income per common share:
Basic	$	0.45	$	0.19	$	0.45	$	0.43
Diluted	$	0.44	$	0.18	$	0.43	$	0.41

Summary of Significant Accounting Policies (Policies)

12 Months Ended

Jun. 30, 2021

Accounting Policies [Abstract]

Business

Accounting Principles

The accounting and reporting policies of the Company conform to accounting principles generally accepted in the United States (“US GAAP”).

Principles of Consolidation and Subsidiary Activities

Reclassifications

Use of Estimates in Financial Statements

Cash and Cash Equivalents

Cash and cash equivalents include cash and interest-bearing deposits with initial terms to maturity of 90 days or less.

Commercial Paper

Debt Securities

The Company classifies debt securities as trading, available for sale, or held to maturity.

Loans

Loan Segments and Classes

Commercial Loan Segment

Retail Consumer Loan Segment

Credit Quality Indicators

Pass—A pass rated asset is not adversely classified because it does not display any of the characteristics for adverse classification.

Loans Held for Sale

Allowance for Loan Losses

Allowance for Credit Losses

See "Adoption of CECL standard" below for details.

Nonperforming Assets

Loans Past Due 90 Days or More, Nonaccruing, Impaired, or Restructured

Loan Charge-offs

Real Estate Owned

Premises and Equipment

Other Investments, at cost

Other Investments, At Cost

Business Combinations

Goodwill

Core Deposit Intangibles

Income Taxes

The Company recognizes interest and penalties accrued relative to unrecognized tax benefits in its respective federal or state income taxes accounts.

Employee Benefit Plans

The KSOP is comprised of two components, the 401(k) Plan and the ESOP. The KSOP benefits employees with at least 1,000 hours of service during a 12-month period and who have attained age 21.

Equity Incentive Plan

Comprehensive Income

Comprehensive income consists of net income and net unrealized gains (losses) on debt securities available for sale and is presented in the consolidated statements of comprehensive income.

Derivative Instruments and Hedging

Net Income Per Share

Net Income per Share

Recent Accounting Pronouncements

See table below for impact of this ASU on the Company's consolidated balance sheet:


	July 1, 2020
	As Reported Under ASC 326		Pre-ASC 326 Adoption		Impact of ASC 326 Adoption
Assets:
ACL on commercial paper	$	(250)	$	—	$	(250)


ACL on loans:
Retail consumer loans	$	(17,692)	$	(6,956)	$	(10,736)
Commercial loans	(25,189)		(21,116)		(4,073)
Total ACL on loans	$	(42,881)	$	(28,072)	$	(14,809)

Deferred income taxes	$	20,323	$	16,334	$	3,989

Liabilities:
Liability for credit losses on off-balance sheet credit exposures	$	2,288	$	—	$	2,288

Equity:
Retained earnings	$	229,418	$	242,776	$	(13,358)

2021 and early adoption is permitted. The adoption of this ASU is not expected to have a material impact on the Company's Consolidated Financial Statements.

Debt Securities (Tables)

12 Months Ended

Jun. 30, 2021

Investments, Debt and Equity Securities [Abstract]

Schedule of Available-for-sale Securities Reconciliation

Debt securities available for sale consist of the following at the dates indicated:


	June 30, 2021
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair Value
U.S. government agencies	$	18,975	$	135	$	(37)	$	19,073
Residential MBS of U.S. government agencies and GSEs	42,119		1,339		(54)		43,404
Municipal bonds	9,098		453		—		9,551
Corporate bonds	84,301		257		(127)		84,431

Total	$	154,493	$	2,184	$	(218)	$	156,459


	June 30, 2020
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair Value
U.S. government agencies	$	3,957	$	216	$	—	$	4,173
Residential MBS of U.S. government agencies and GSEs	46,629		1,776		(50)		48,355
Municipal bonds	16,090		541		—		16,631
Corporate bonds	58,242		270		(134)		58,378

Total	$	124,918	$	2,803	$	(184)	$	127,537

Investments Classified by Contractual Maturity Date


	June 30, 2021
	Amortized Cost		Estimated Fair Value
Due within one year	$	34,615	$	34,684
Due after one year through five years	73,249		73,633
Due after five years through ten years	4,510		4,738
Due after ten years	—		—
Mortgage-backed securities	42,119		43,404
Total	$	154,493	$	156,459


	June 30, 2020
	Amortized Cost		Estimated Fair Value
Due within one year	$	29,190	$	29,247
Due after one year through five years	44,881		45,516
Due after five years through ten years	2,434		2,630
Due after ten years	1,784		1,789
Mortgage-backed securities	46,629		48,355
Total	$	124,918	$	127,537

Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value


	June 30, 2021
	Less than 12 Months				12 Months or More				Total
	Fair Value		Unrealized Losses		Fair Value		Unrealized Losses		Fair Value		Unrealized Losses
U.S. government agencies	$	14,963	$	(37)	$	—	$	—	$	14,963	$	(37)
Residential MBS of U.S. government agencies and GSEs	5,212		(28)		1,205		(26)		6,417		(54)

Corporate bonds	19,873		(127)		—		—		19,873		(127)
Total	$	40,048	$	(192)	$	1,205	$	(26)	$	41,253	$	(218)


	June 30, 2020
	Less than 12 Months				12 Months or More				Total
	Fair Value		Unrealized Losses		Fair Value		Unrealized Losses		Fair Value		Unrealized Losses

Residential MBS of U.S. government agencies and GSEs	$	227	$	(10)	$	2,435	$	(40)	$	2,662	$	(50)

Corporate bonds	11,779		(134)		—		—		11,779		(134)
Total	$	12,006	$	(144)	$	2,435	$	(40)	$	14,441	$	(184)

Other Investments (Tables)

12 Months Ended

Jun. 30, 2021

Investments, All Other Investments [Abstract]

Investment

Other investments, at cost consist of the following at the dates indicated:


	June 30,
	2021		2020
FHLB of Atlanta stock	$	6,153	$	23,309
FRB stock	7,386		7,368
SBIC investments	10,171		8,269

Total	$	23,710	$	38,946

Loans Held For Sale (Tables)

12 Months Ended

Jun. 30, 2021

Receivables [Abstract]

Schedule of Loans Held for Sale

Loans held for sale as of the dates indicated consist of the following:


	June 30,
	2021		2020
One-to-four family	$	31,873	$	28,152
SBA	4,160		1,240
HELOCs	57,506		47,785
Total	$	93,539	$	77,177

Loans consist of the following at the dates indicated:


	June 30,
	2021		2020 (1)
Commercial loans:
Commercial real estate	$	1,142,276	$	1,052,906
Construction and development	179,427		215,934
Commercial and industrial	141,341		154,825
Equipment finance	317,920		229,239
Municipal leases	140,421		127,987
PPP loans	46,650		80,697
Total commercial loans	1,968,035		1,861,588
Retail consumer loans:
One-to-four family	406,549		473,693
HELOCs - originated	130,225		137,447
HELOCs - purchased	38,976		71,781
Construction and land/lots	66,027		81,859
Indirect auto finance	115,093		132,303
Consumer	8,362		10,259
Total retail consumer loans	765,232		907,342
Total loans	2,733,267		2,768,930
Deferred loan costs, net (2)	—		189
Total loans, net of deferred loan fees and costs	2,733,267		2,769,119
Allowance for credit losses	(35,468)		(28,072)
Net loans	$	2,697,799	$	2,741,047

________

The following table provides a breakdown between loans identified as CDAs and non-CDAs, by segment and class, and securing collateral, as well as collateral coverage for those loans:


	Type of Collateral and Extent to Which Collateral Secures Financial Assets
	Residential Property		Investment Property		Commercial Property		Business Assets		Financial Assets Not Considered Collateral Dependent		Total

June 30, 2021
Commercial loans:
Commercial real estate	$	—	$	3,421	$	2,308	$	—	$	1,136,547	$	1,142,276
Construction and development	—		80		—		—		179,347		179,427
Commercial and industrial	—		—		—		25		141,316		141,341
Equipment finance	—		—		—		—		317,920		317,920
Municipal finance	—		—		—		—		140,421		140,421
PPP loans	—		—		—		—		46,650		46,650
Retail consumer loans:
One-to-four family	807		—		—		—		405,742		406,549
HELOCs - originated	—		—		—		—		130,225		130,225
HELOCs - purchased	—		—		—		—		38,976		38,976
Construction and land/lots	—		—		—		—		66,027		66,027
Indirect auto finance	—		—		—		—		115,093		115,093
Consumer	—		—		—		—		8,362		8,362
Total	$	807	$	3,501	$	2,308	$	25	$	2,726,626	$	2,733,267
Total collateral value	$	1,160	$	3,602	$	2,723	$	26

Premises and Equipment (Tables)

12 Months Ended

Jun. 30, 2021

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

Premises and equipment as of the dates indicated consist of the following:


	June 30,
	2021		2020
Land	$	25,488	$	20,785

Office buildings	68,861		59,333
Furniture, fixtures and equipment	16,244		15,724
Total	110,593		95,842
Less accumulated depreciation	(39,684)		(37,380)
Premises and equipment, net	$	70,909	$	58,462

Loans and Allowance for Credit Losses on Loans (Tables)

12 Months Ended

Jun. 30, 2021

Receivables [Abstract]

Schedule of Accounts, Notes, Loans and Financing Receivable

Loans held for sale as of the dates indicated consist of the following:


	June 30,
	2021		2020
One-to-four family	$	31,873	$	28,152
SBA	4,160		1,240
HELOCs	57,506		47,785
Total	$	93,539	$	77,177

Loans consist of the following at the dates indicated:


	June 30,
	2021		2020 (1)
Commercial loans:
Commercial real estate	$	1,142,276	$	1,052,906
Construction and development	179,427		215,934
Commercial and industrial	141,341		154,825
Equipment finance	317,920		229,239
Municipal leases	140,421		127,987
PPP loans	46,650		80,697
Total commercial loans	1,968,035		1,861,588
Retail consumer loans:
One-to-four family	406,549		473,693
HELOCs - originated	130,225		137,447
HELOCs - purchased	38,976		71,781
Construction and land/lots	66,027		81,859
Indirect auto finance	115,093		132,303
Consumer	8,362		10,259
Total retail consumer loans	765,232		907,342
Total loans	2,733,267		2,768,930
Deferred loan costs, net (2)	—		189
Total loans, net of deferred loan fees and costs	2,733,267		2,769,119
Allowance for credit losses	(35,468)		(28,072)
Net loans	$	2,697,799	$	2,741,047

________

The following table provides a breakdown between loans identified as CDAs and non-CDAs, by segment and class, and securing collateral, as well as collateral coverage for those loans:


	Type of Collateral and Extent to Which Collateral Secures Financial Assets
	Residential Property		Investment Property		Commercial Property		Business Assets		Financial Assets Not Considered Collateral Dependent		Total

June 30, 2021
Commercial loans:
Commercial real estate	$	—	$	3,421	$	2,308	$	—	$	1,136,547	$	1,142,276
Construction and development	—		80		—		—		179,347		179,427
Commercial and industrial	—		—		—		25		141,316		141,341
Equipment finance	—		—		—		—		317,920		317,920
Municipal finance	—		—		—		—		140,421		140,421
PPP loans	—		—		—		—		46,650		46,650
Retail consumer loans:
One-to-four family	807		—		—		—		405,742		406,549
HELOCs - originated	—		—		—		—		130,225		130,225
HELOCs - purchased	—		—		—		—		38,976		38,976
Construction and land/lots	—		—		—		—		66,027		66,027
Indirect auto finance	—		—		—		—		115,093		115,093
Consumer	—		—		—		—		8,362		8,362
Total	$	807	$	3,501	$	2,308	$	25	$	2,726,626	$	2,733,267
Total collateral value	$	1,160	$	3,602	$	2,723	$	26

Financing Receivable Credit Quality Indicators

The following table presents the credit risk profile by risk grade for commercial loans by origination year:


	Term Loans By Origination Fiscal Year
June 30,	2021		2020		2019		2018		2017		Prior		Revolving		Total
Commercial real estate
Risk rating:
Pass	$	227,850	$	177,691	$	142,407	$	158,147	$	158,525	$	220,834	$	25,860	$	1,111,314
Special mention	—		—		—		16,951		1,256		3,092		—		21,299
Substandard	—		—		—		630		4,993		3,642		398		9,663
Doubtful	—		—		—		—		—		—		—		—
Loss	—		—		—		—		—		—		—		—
Total commercial real estate	227,850		177,691		142,407		175,728		164,774		227,568		26,258		1,142,276
Construction and development
Risk rating:
Pass	18,262		6,523		10,349		6,008		2,693		7,153		123,843		174,831
Special mention	—		—		—		—		—		286		3,827		4,113
Substandard	—		—		—		—		—		482		—		482
Doubtful	—		—		—		—		—		—		—		—
Loss	—		—		—		—		—		1		—		1
Total construction and development	18,262		6,523		10,349		6,008		2,693		7,922		127,670		179,427
Commercial and industrial
Risk rating:
Pass	29,606		14,010		18,826		10,759		15,346		10,589		36,165		135,301
Special mention	—		21		438		110		32		125		37		763
Substandard	31		33		300		—		—		83		4,829		5,276
Doubtful	—		—		—		—		—		—		—		—
Loss	—		—		—		—		—		1		—		1
Total commercial and industrial	29,637		14,064		19,564		10,869		15,378		10,798		41,031		141,341
Equipment finance
Risk rating:
Pass	154,685		104,681		53,178		4,773		—		—		—		317,317
Special mention	—		—				—		—		—		—		—
Substandard	—		—		323		—		—		—		—		323
Doubtful	—		—		280		—		—		—		—		280
Loss	—		—		—		—		—		—		—		—
Total equipment finance	154,685		104,681		53,781		4,773		—		—		—		317,920
Municipal leases
Risk rating:
Pass	23,358		19,240		14,005		17,979		9,738		47,144		8,700		140,164
Special mention	—		—		—		—		—		257		—		257
Substandard	—		—		—		—		—		—		—		—
Doubtful	—		—		—		—		—		—		—		—
Loss			—		—		—		—		—		—		—
Total municipal leases	23,358		19,240		14,005		17,979		9,738		47,401		8,700		140,421
PPP loans
Risk rating:
Pass	29,667		16,983		—		—		—		—		—		46,650
Special mention	—		—		—		—		—		—		—		—
Substandard	—		—		—		—		—		—		—		—
Doubtful	—		—		—		—		—		—		—		—
Loss	—		—		—		—		—		—		—		—
Total PPP loans	29,667		16,983		—		—		—		—		—		46,650
Total commercial loans
Risk rating:
Pass	483,428		339,128		238,765		197,666		186,302		285,720		194,568		1,925,577
Special mention	—		21		438		17,061		1,288		3,760		3,864		26,432
Substandard	31		33		623		630		4,993		4,207		5,227		15,744
Doubtful	—		—		280		—		—		—		—		280
Loss	—		—		—		—		—		2		—		2
Total commercial loans	$	483,459	$	339,182	$	240,106	$	215,357	$	192,583	$	293,689	$	203,659	$	1,968,035

The following table presents the credit risk profile by risk grade for retail consumer loans by origination year:


	Term Loans By Origination Fiscal Year
June 30,	2021		2020		2019		2018		2017		Prior		Revolving		Total
One-to-four family
Risk rating:
Pass	$	72,723	$	52,987	$	46,958	$	40,461	$	37,361	$	143,531	$	4,345	$	398,366
Special mention	—		—		—		—		27		1,084		—		1,111
Substandard	246		981		—		216		86		5,037		—		6,566
Doubtful	—		—		—		—		—		191		—		191
Loss	—		—		—		—		—		315		—		315
Total one-to-four family	72,969		53,968		46,958		40,677		37,474		150,158		4,345		406,549
HELOC's - originated
Risk rating:
Pass	2,767		465		1,294		217		716		9,469		114,048		128,976
Special mention	—		—		—		—		—		12		—		12
Substandard	—		—		159		—		38		935		105		1,237
Doubtful	—		—		—		—		—		—		—		—
Loss	—		—		—		—		—		—		—		—
Total HELOC's - originated	2,767		465		1,453		217		754		10,416		114,153		130,225
HELOC's - purchased
Risk rating:
Pass	—		—		—		—		—		—		38,523		38,523
Special mention	—		—		—		—		—		—		—		—
Substandard	—		—		—		—		—		—		453		453
Doubtful	—		—		—		—		—		—		—		—
Loss	—		—		—		—		—		—		—		—
Total HELOC's - purchased	—		—		—		—		—		—		38,976		38,976
Construction and land/lots
Risk rating:
Pass	4,244		12,133		2,357		956		—		3,558		42,267		65,515
Special mention	—		—		—		—		—		—		—		—
Substandard	—		—		—		96		—		416		—		512
Doubtful	—		—		—		—		—		—		—		—
Loss	—		—		—		—		—		—		—		—
Total construction and land/lots	4,244		12,133		2,357		1,052		—		3,974		42,267		66,027
Indirect auto finance
Risk rating:
Pass	42,128		27,134		16,224		18,853		7,561		2,061		—		113,961
Special mention	—		—		—		—		—		—		—		—
Substandard	29		415		195		273		143		75		—		1,130
Doubtful	—		—		—		—		—		—		—		—
Loss	2		—		—		—		—		—		—		2
Total indirect auto finance	42,159		27,549		16,419		19,126		7,704		2,136		—		115,093
Consumer loans
Risk rating:
Pass	1,344		1,019		5,204		252		90		91		288		8,288
Special mention	—		—		—		14		—		—		—		14
Substandard	—		3		19		11		4		10		11		58
Doubtful	—		—		—		—		—		—		—		—
Loss	—		1		1		—		—		—		—		2
Total consumer loans	1,344		1,023		5,224		277		94		101		299		8,362
Total retail consumer loans
Risk rating:
Pass	123,206		93,738		72,037		60,739		45,728		158,710		199,471		753,629
Special mention	—		—		—		14		27		1,096		—		1,137
Substandard	275		1,399		373		596		271		6,473		569		9,956
Doubtful	—		—		—		—		—		191		—		191
Loss	2		1		1		—		—		315		—		319
Total retail consumer loans	$	123,483	$	95,138	$	72,411	$	61,349	$	46,026	$	166,785	$	200,040	$	765,232

The following table presents the credit risk profile by risk grade for total non-purchased and purchased performing consumer and commercial loans, prior to the adoption of ASU 2016-13:


	Pass		Special Mention		Substandard		Doubtful		Loss		Total
June 30, 2020
Commercial loans:
Commercial real estate	$	1,028,709	$	7,580	$	10,779	$	—	$	16	$	1,047,084
Construction and development	212,370		2,723		250		1		—		215,344
Commercial and industrial	130,202		20,439		2,622		—		—		153,263
Equipment finance	228,288		150		801		—		—		229,239
Municipal leases	127,706		281		—		—		—		127,987
PPP loans	80,697		—		—		—		—		80,697
Retail consumer loans:
One-to-four family	458,248		1,724		9,042		206		—		469,220
HELOCs - originated	134,697		902		1,848		—		—		137,447
HELOCs - purchased	71,119		—		662		—		—		71,781
Construction and land/lots	81,112		—		402		—		—		81,514
Indirect auto finance	130,975		—		1,328				—		132,303
Consumer	9,894		4		361		—		—		10,259
Total loans	$	2,694,017	$	33,803	$	28,095	$	207	$	16	$	2,756,138

The following table presents the credit risk profile by risk grade for PCI consumer and commercial loans, prior to adoption of ASU 2016-13:


	Pass		Special Mention		Substandard		Doubtful		Loss		Total
June 30, 2020
Commercial loans:
Commercial real estate	$	3,181	$	1,742	$	899	$	—	$	—	$	5,822
Construction and development	271		—		319		—		—		590
Commercial and industrial	1,556		—		3		—		3		1,562

Retail consumer loans:
One-to-four family	2,994		465		1,014		—		—		4,473

Construction and land/lots	108		—		237		—		—		345


Total loans	$	8,110	$	2,207	$	2,472	$	—	$	3	$	12,792

Past Due Financing Receivables

The following table presents an aging analysis of past due loans by segment and class:


	Past Due								Total
	30-89 Days		90 Days+		Total		Current		Loans
June 30, 2021
Commercial loans:
Commercial real estate	$	396	$	1,680	$	2,076	$	1,140,200	$	1,142,276
Construction and development	—		37		37		179,390		179,427
Commercial and industrial	634		19		653		140,688		141,341
Equipment finance	—		347		347		317,573		317,920
Municipal leases	—		—		—		140,421		140,421
PPP loans	—		—		—		46,650		46,650
Retail consumer loans:
One-to-four family	1,112		1,124		2,236		404,313		406,549
HELOCs - originated	290		186		476		129,749		130,225
HELOCs - purchased	198		79		277		38,699		38,976
Construction and land/lots	6		35		41		65,986		66,027
Indirect auto finance	299		259		558		114,535		115,093
Consumer	378		36		414		7,948		8,362
Total loans	$	3,313	$	3,802	$	7,115	$	2,726,152	$	2,733,267

The following table presents an aging analysis of past due loans by segment and class, prior to the adoption of ASU 2016-13:


	Past Due								Total
	30-89 Days		90 Days+		Total		Current		Loans
June 30, 2020
Commercial loans:
Commercial real estate	$	4,528	$	2,892	$	7,420	$	1,045,486	$	1,052,906
Construction and development	293		341		634		215,300		215,934
Commercial and industrial	—		91		91		154,734		154,825
Equipment finance	303		498		801		228,438		229,239
Municipal leases	—		—		—		127,987		127,987
PPP loans	—		—		—		80,697		80,697
Retail consumer loans:
One-to-four family	1,679		3,147		4,826		468,867		473,693
HELOCs - originated	442		310		752		136,695		137,447
HELOCs - purchased	214		47		261		71,520		71,781
Construction and land/lots	—		252		252		81,607		81,859
Indirect auto finance	756		285		1,041		131,262		132,303
Consumer	30		25		55		10,204		10,259
Total loans	$	8,245	$	7,888	$	16,133	$	2,752,797	$	2,768,930

Schedule of Past Due Loans Still Accruing and Nonaccruing Interest


	June 30, 2021		June 30, 2020		90 Days + & still accruing as of June 30, 2021		Nonaccrual with no allowance as of June 30, 2021		Interest income recognized
Commercial loans:
Commercial real estate	$	7,015	$	8,869	$	—	$	3,849	$	280
Construction and development	482		465		—		80		41
Commercial and industrial	49		259		—		24		15
Equipment finance	630		801		—		275		160

Retail consumer loans:
One-to-four family	2,625		3,582		—		807		160
HELOCs - originated	476		531		—		—		37
HELOCs - purchased	453		662		—		—		23
Construction and land/lots	22		37		—		—		—
Indirect auto finance	438		668		—		—		37
Consumer	416		49		—		—		9






Total loans	$	12,606	$	15,923	$	—	$	5,035	$	762

Schedule of Troubled Debt Restructurings Performing and Excluded from Nonaccruing Loans

The Company’s loans that were performing under the payment terms of TDRs that were excluded from nonaccruing loans above at the dates indicated follows:


	June 30,
	2021		2020
Performing TDRs	$	11,088	$	13,153

Credit Loss, Expense (Benfit)

The following table presents a breakdown of the provision (benefit) for credit losses included in our Consolidated Statements of Income:


	Year Ended June 30,
	2021		2020
Provision (benefit) for credit losses:
Loans	$	(7,270)	$	8,500
Off-balance-sheet credit exposure	35		—
Commercial paper	100		—
Total provision (benefit) for credit losses	$	(7,135)	$	8,500

Allowance for Credit Losses on Financing Receivables

The following table presents an analysis of the ACL on loans by segment:


	Year Ended June 30, 2021
		Commercial		Retail Consumer		Total
Balance at beginning of period		$	21,116	$	6,956	$	28,072
Impact of adoption ASU 2016-13		4,073		10,736		14,809
Benefit for credit losses		(758)		(6,512)		(7,270)
Charge-offs		(1,977)		(1,556)		(3,533)
Recoveries		2,292		1,098		3,390
Net recoveries (charge-offs)		315		(458)		(143)
Balance at end of period		$	24,746	$	10,722	$	35,468

The following table presents an analysis of ALL by segment, prior to the adoption of ASU 2016-13:


	Year Ended June 30, 2020
	PCI		Commercial		Retail Consumer		Total
Balance at beginning of period	$	201	$	14,809	$	6,419	$	21,429
Provision (benefit) for credit losses	(19)		8,656		(137)		8,500
Charge-offs	—		(2,961)		(855)		(3,816)
Recoveries	—		480		1,479		1,959
Balance at end of period	$	182	$	20,984	$	6,906	$	28,072


	Year Ended June 30, 2019
	PCI		Commercial		Retail Consumer		Total
Balance at beginning of period	$	483	$	13,050	$	7,527	$	21,060
Provision (benefit) for credit losses	(282)		7,226		(1,244)		5,700
Charge-offs	—		(6,273)		(1,136)		(7,409)
Recoveries	—		806		1,272		2,078
Balance at end of period	$	201	$	14,809	$	6,419	$	21,429

Schedule of Ending Balances of Loans and the Related Allowance by Segment and Class

The following table presents ending balances of loans and the related ACL, by segment and class:


	Allowance for Credit Losses							Total Loans Receivable
		Loans Individually Evaluated		Loans Collectively Evaluated		Total			Loans Individually Evaluated		Loans Collectively Evaluated		Total
June 30, 2021
Commercial loans:
Commercial real estate		$	456	$	12,826	$	13,282		$	5,729	$	1,136,547	$	1,142,276
Construction and development		—		1,801		1,801			80		179,347		179,427
Commercial and industrial		9		2,583		2,592			760		140,581		141,341
Equipment finance		—		6,537		6,537			275		317,645		317,920
Municipal leases		—		534		534			—		140,421		140,421
PPP loans		—		—		—			—		46,650		46,650
Retail consumer loans:
One-to-four family		2		5,407		5,409			1,977		404,572		406,549
HELOCs - originated		—		1,512		1,512			—		130,225		130,225
HELOCs - purchased		—		452		452			—		38,976		38,976
Construction and land/lots		—		812		812			—		66,027		66,027
Indirect auto finance		—		2,367		2,367			—		115,093		115,093
Consumer		—		170		170			—		8,362		8,362
Total		$	467	$	35,001	$	35,468		$	8,821	$	2,724,446	$	2,733,267

The following table presents ending balances of loans and the related ALL, by segment and class, prior to the adoption of ASU 2016-13:


	Allowance for Loan Losses								Total Loans Receivable
	PCI		Loans Individually Evaluated for Impairment		Loans Collectively Evaluated		Total		PCI		Loans Individually Evaluated for Impairment		Loans Collectively Evaluated		Total
June 30, 2020
Commercial loans:
Commercial real estate	$	113	$	961	$	10,731	$	11,805	$	5,822	$	7,924	$	1,039,160	$	1,052,906
Construction and development	4		5		3,599		3,608		590		299		215,045		215,934
Commercial and industrial	15		31		2,153		2,199		1,562		852		152,411		154,825
Equipment finance	—		209		2,598		2,807		—		801		228,438		229,239
Municipal leases	—		—		697		697		—		—		127,987		127,987
PPP loans	—		—		—		—		—		—		80,697		80,697
Retail consumer loans:
One-to-four family	17		52		2,400		2,469		4,473		4,304		464,916		473,693
HELOCs - originated	—		—		1,344		1,344		—		—		137,447		137,447
HELOCs - purchased	—		—		430		430		—		—		71,781		71,781
Construction and land/lots	33		—		1,409		1,442		345		296		81,218		81,859
Indirect auto finance	—		—		1,136		1,136		—		10		132,293		132,303
Consumer	—		—		135		135		—		—		10,259		10,259
Total	$	182	$	1,258	$	26,632	$	28,072	$	12,792	$	14,486	$	2,741,652	$	2,768,930

Schedule of Impaired Loans and Related Allowance by Segment and Class

The following table presents impaired loans and the related allowance, by segment and class, excluding PCI loans, prior to the adoption of ASU 2016-13:


	Total Impaired Loans
	Unpaid Principal Balance		Recorded Investment With a Recorded Allowance		Recorded Investment With No Recorded Allowance		Total Recorded Investment		Related Recorded Allowance















June 30, 2020
Commercial loans:
Commercial real estate	$	10,401	$	8,062	$	1,068	$	9,130	$	976
Construction and development	1,785		818		80		898		11
Commercial and industrial	9,782		1,058		26		1,084		34
Equipment finance	2,631		303		498		801		209
Retail consumer loans:
One-to-four family	16,560		10,805		3,374		14,179		412
HELOCs - originated	2,087		1,585		53		1,638		43
HELOCs - purchased	662		662		—		662		3
Construction and land/lots	1,585		749		296		1,045		13
Indirect auto finance	1,075		486		241		727		5
Consumer	297		38		27		65		2

Total impaired loans	$	46,865	$	24,566	$	5,663	$	30,229	$	1,708

Schedule of Average Recorded Investment in Loans, Unpaid Principal Balance and Interest Income Recognized

The following table presents average recorded investments in impaired loans and interest income recognized on impaired loans, prior to the adoption of ASU 2016-13:


	Year Ended June 30,
	2020				2019
	Average Recorded Investment		Interest Income Recognized		Average Recorded Investment		Interest Income Recognized
Commercial loans:
Commercial real estate	$	8,661	$	336	$	5,026	466
Construction and development	1,218		54		1,779		65
Commercial and industrial	868		236		315		249
Equipment finance	652		29		192		37

Retail consumer loans:
One-to-four family	14,796		687		17,319		950
HELOCs - originated	1,698		99		1,005		63
HELOCs - purchased	533		41		320		13
Construction and land/lots	1,149		83		1,441		94
Indirect auto finance	547		53		373		29
Consumer	194		7		1,328		67
Total loans	$	30,316	$	1,625	$	29,098	$	2,033

Impaired Financing Receivable

The following table presents a summary of changes in the accretable yield for PCI loans, prior to the adoption of ASU 2016-13:


	Year Ended June 30,
	2020		2019
Accretable yield, beginning of period	$	5,259	$	5,734



Reclass from nonaccretable yield (1)	458		576
Other changes, net (2)	(316)		1,018
Interest income	(1,496)		(2,069)
Accretable yield, end of period	$	3,905	$	5,259

______________________________

(1) Represents changes attributable to expected losses assumptions.

(2) Represents changes in cash flows expected to be collected due to the impact of modifications, changes in prepayment assumptions, and changes in interest rates

Troubled Debt Restructurings on Financing Receivables

The following table presents a breakdown of the types of concessions made on TDRs by loan class for the periods indicated below:


	Year Ended June 30,
	2021					2020					2019
	Number of Loans	Pre Modification Outstanding Recorded Investment		Post Modification Outstanding Recorded Investment		Number of Loans	Pre Modification Outstanding Recorded Investment		Post Modification Outstanding Recorded Investment		Number of Loans	Pre Modification Outstanding Recorded Investment		Post Modification Outstanding Recorded Investment
Below market interest rate:
Commercial:
Commercial real estate	—	$	—	$	—	1	$	88	$	86	—	$	—	$	—
Retail consumer:
One-to-four family	—	—		—		—	—		—		1	85		84


Total below market interest rate	—	—		—		1	88		86		1	85		84
Extended payment terms:
Commercial:


Commercial and industrial	—	—		—		1	826		826		—	—		—
Retail consumer:
One-to-four family	—	—		—		2	70		61		1	34		34


Indirect auto finance	2	28		27		—	—		—		—	—		—
Consumer	—	—		—		—	—		—		2	34		33
Total extended payment terms	2	28		27		3	896		887		3	68		67
Other TDRs:
Commercial:
Commercial real estate	1	4,408		3,421		1	30		21		3	5,440		5,427
Construction and development	—	—		—		1	182		79		1	182		182

Retail consumer:
One-to-four family	4	269		256		5	511		502		18	1,452		1,433
HELOCs - originated	2	53		74		1	27		27		—	—		—
Construction and land/lots	1	225		213		—	—		—		1	29		28
Indirect auto finance	13	180		131		3	63		49		1	33		26
Consumer	1	27		13		—	—		—		1	2		2
Total other TDRs	22	5,162		4,108		11	813		678		21	1,516		1,489
Total	24	$	5,190	$	4,135	15	$	1,797	$	1,651	25	$	1,669	$	1,640

Schedule of Trouble Debt Restructurings With Payment Default

The following table presents loans that were modified as TDRs within the previous 12 months and for which there was a payment default during the periods indicated below:


	Year Ended June 30,
	2021			2020			2019
	Number of Loans	Recorded Investment		Number of Loans	Recorded Investment		Number of Loans	Recorded Investment









Other TDRs:
Commercial:

Construction and development	—	$	—	1	$79		—	$	—

Retail consumer:
One-to-four family	—	—		—	—		1	72


Consumer	—	—		—	—		1	2
Indirect auto finance	1	30		—	—		—	—

Total	1	$	30	1	$	79	2	$	74

Financing Receivable, Payment Deferral


Principal and Interest Deferrals by Loan Types (1)(2)

	June 30,
	2021				2020
	Deferral		Percent of Total Loan Portfolio		Deferral		Percent of Total Loan Portfolio
Lodging	$	—	—	%	$	108,171	4.0	%
Other commercial real estate, construction and development, and commercial and industrial	—		—		367,443		13.7
Equipment finance	—		—		33,693		1.3
One-to-four family	—		—		36,821		1.4
Other consumer loans	107		—		5,203		0.2
Total	$	107	—	%	$	551,331	20.5	%

___________________________

(1) Modified loans are not included in classified assets or nonperforming asset.

(2) Principal and interest is being deferred.

Accrued Interest Receivable (Tables)

12 Months Ended

Jun. 30, 2021

Receivables [Abstract]

Schedule of Accrued Interest Receivable

Accrued interest receivable as of the dates indicated consists of the following:


	June 30,
	2021		2020
Loans	$	7,043	$	11,360
Debt securities available for sale	754		710
Other	136		242
Total	$	7,933	$	12,312

Goodwill and Core Deposit Intangibles (Tables)

12 Months Ended

Jun. 30, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Amortization expense related to core deposit intangibles

As of June 30, 2021, the estimated amortization expense for each of the next five years is as follows:



2022	$	250
2023	90
2024	3
2025	—
2026	—

Total	$	343

Deposit Accounts (Tables)

12 Months Ended

Jun. 30, 2021

Deposits [Abstract]

Schedule of Deposit Accounts

Deposit accounts at the dates indicated consist of the following:


					Weighted Average Interest Rates
	June 30,				June 30,
	2021		2020		2021		2020
Noninterest-bearing accounts	$	636,414	$	429,901	—	%	—	%
NOW accounts	644,958		582,299		0.09	%	0.10	%
Money market accounts	975,001		836,738		0.15	%	0.46	%
Savings accounts	226,391		197,676		0.06	%	0.07	%
Certificates of deposit	472,777		739,142		0.74	%	1.45	%
Total	$	2,955,541	$	2,785,756	0.19	%	0.54	%

Schedule of Maturities of Certificates of Deposit

As of June 30, 2021, maturities of certificates of deposit are as follows:



2022	$	392,869
2023	52,103
2024	16,086
2025	5,264
2026	6,455
Thereafter	—
Total	$	472,777

Schedule of Interest Expense on Deposits

Interest expense on deposits at the dates indicated consists of the following:


	June 30,
	2021		2020		2019
NOW accounts	$	1,553	$	1,627	$	1,251
Money market accounts	1,699		6,910		5,102
Savings accounts	155		195		245
Certificates of deposit	5,963		14,105		9,159
Total	$	9,370	$	22,837	$	15,757

Borrowings (Tables)

12 Months Ended

Jun. 30, 2021

Federal Home Loan Banks [Abstract]

Schedule of Borrowings

Borrowings consist of the following at the dates indicated:


	June 30,
	2021				2020
	Balance		Weighted Average Rate		Balance		Weighted Average Rate



FHLB Advances	$	115,000	0.16	%	$	475,000	1.39	%

The scheduled maturity dates, call dates, and related interest rates on FHLB advances at June 30, 2021:


Maturity Date	Interest Rate	Outstanding Amount
7/14/2021	0.15%	$	100,000
7/16/2021	0.19%	15,000






















		$	115,000

Leases (Tables)

12 Months Ended

Jun. 30, 2021

Leases [Abstract]

Assets And Liabilities, Lessee

The following tables present supplemental balance sheet information related to operating leases. ROU assets are included in other assets and lease liabilities are included in other liabilities.


	June 30,
	2021			2020
Supplemental balance sheet information:
ROU assets	$	5,498		$	4,601

Lease liabilities	$	5,926		$	4,590

Weighted-average remaining lease terms	9.49			5.02
Weighted-average discount rate	3.18		%	2.97		%

Lessee, Operating Lease, Liability, Maturity

The following schedule summarizes aggregate future minimum lease payments under these operating leases at June 30, 2021:


Fiscal year ending June 30:
2022	$	1,405
2023	1,347
2024	876
2025	492
2026	371
Thereafter	2,375
Total of future minimum payments	$	6,866

Lease, Cost

The following table presents components of operating lease expense for the year ended:


	Year Ended June 30,
	2021		2020
Operating lease cost (included in occupancy expense)	$	1,818	$	1,821
Sublease income (included in other, net noninterest income)	(223)		(242)
Total operating lease expense, net	$	1,595	$	1,579

Supplemental lease cash flow information for the year ended June 30:


	Year Ended June 30,
	2021		2020
ROU assets - noncash additions (operating leases)	$	2,586	$	5,296
ROU assets - noncash addition (finance lease)	—		2,052
Cash paid for amounts included in the measurement of lease liabilities (operating leases)	2,036		2,142
Cash paid for amounts included in the measurement of lease liabilities (finance leases)	134		134

Finance Lease, Liability, Fiscal Year Maturity

The following schedule summarizes aggregate future minimum lease payments under this finance lease obligation at June 30, 2021:


Fiscal year ending June 30:
2022	$	134
2023	134
2024	145
2025	146
2026	146
Thereafter	1,702
Total minimum lease payments	2,407
Less: amount representing interest	(603)
Present value of net minimum lease payments	$	1,804

Lessor, Operating Lease, Payment to be Received, Fiscal Year Maturity

The following schedule summarizes aggregate future minimum operating lease payments to be received at June 30, 2021:


Fiscal year ending June 30:
2022	$	1,684
2023	5,705
2024	3,890
2025	1,685
2026	449
Thereafter	127
Total of future minimum payments	$	13,540

Sales-type and Direct Financing Leases, Lease Receivable, Maturity

The following table presents components of finance lease net investment included within equipment finance class of financing receivables:


	June 30,
	2021		2020
Lease receivables	$	63,279	$	44,927

The following schedule summarizes aggregate future minimum finance lease payments to be received at June 30, 2021:


Fiscal year ending June 30:
2022	$	18,597
2023	18,116
2024	15,126
2025	10,016
2026	5,869
Thereafter	2,599
Total minimum payments	70,323
Less: amount representing interest	(7,044)
Total	$	63,279

Income Taxes (Tables)

12 Months Ended

Jun. 30, 2021

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense

Income tax expense as of the dates indicated consisted of:


	Year Ended June 30,
	2021		2020		2019
Current:
Federal	$	(340)	$	80	$	755
State	188		748		690
Total current expense (benefit)	(152)		828		1,445
Deferred:
Federal	3,374		5,184		5,404
State	199		12		267
Adjustment due to the Tax Act	—		—		(325)
Total deferred expense	3,573		5,196		5,346
Total income tax expense	$	3,421	$	6,024	$	6,791

Schedule of Effective Income Tax Rate Reconciliation


	Year Ended June 30,
	2021				2020				2019
	Amount		Rate		Amount		Rate		Amount		Rate
Tax at federal income tax rate	$	4,010	21	%	$	6,049	21	%	$	7,127	21	%
Increase (decrease) resulting from:
Tax exempt income	(911)		(5)	%	(872)		(3)	%	(855)		(2)	%

Change in valuation allowance for deferred tax assets, allocated to income tax expense	—		—	%	—		—	%	(325)		(1)	%
State tax, net of federal benefit	306		2	%	600		2	%	756		2	%

Other	16		—	%	247		1	%	88		—	%
Total	$	3,421	18	%	$	6,024	21	%	$	6,791	20	%

Schedule of Deferred Tax Assets and Liabilities

The sources and tax effects of temporary differences that give rise to significant portions of the deferred tax assets (liabilities) at June 30, 2021 and 2020 are presented below:


	June 30,
	2021		2020
Deferred tax assets:

Allowance for credit losses	$	8,158	$	6,456
Deferred compensation and post-retirement benefits	8,349		8,637

Impairments on real estate owned	110		198
Other than temporary impairment on investments	2,205		2,207
Net operating loss carryforward	4,489		4,513
Discount from business combination	2,474		2,192

Stock compensation plans	2,166		2,279
Other	1,412		1,274
Total gross deferred tax assets	29,363		27,756


Deferred tax (liabilities):
Depreciable basis of fixed assets	(6,555)		(6,017)
Deferred loan fees	(753)		(603)
FHLB stock, book basis in excess of tax	(89)		(89)
Unrealized gain on debt securities available for sale	(452)		(602)
Other	(4,613)		(4,111)
Total gross deferred tax liabilities	(12,462)		(11,422)
Net deferred tax assets	$	16,901	$	16,334

Employee Benefit Plans (Tables)

12 Months Ended

Jun. 30, 2021

Retirement Benefits [Abstract]

Employee Stock Ownership Plan (ESOP) Activity

Shares held by the ESOP at the dates indicated include the following:


	June 30,
	2021		2020
Unallocated ESOP shares	581,900		634,800
Allocated ESOP shares	449,650		370,300
ESOP shares committed to be released	26,450		52,900
Total ESOP shares	1,058,000		1,058,000
Fair value of unallocated ESOP shares	$	16,235	$	10,157

Deferred Compensation Agreements (Tables)

12 Months Ended

Jun. 30, 2021

Retirement Benefits [Abstract]

Schedule of Net Cash Surrender Value Life Insurance Policies and Deferred Compensation Liability

The net cash surrender value of the related life insurance policies and deferred compensation liability as of the dates indicated are detailed below:


	June 30,
	2021		2020
Net cash surrender value of life insurance, related to deferred compensation	$	6,481	$	7,463
Deferred compensation liability, included in other liabilities	$	675	$	771

Net Income per Share (Tables)

12 Months Ended

Jun. 30, 2021

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The following is a reconciliation of the numerator and denominator of basic and diluted net income per share of common stock as of the dates indicated:


	Year Ended June 30,
	2021		2020		2019
Numerator:
Net income	$	15,675	$	22,783	$	27,146
Allocation of earnings to participating securities	(145)		(194)		(189)
Numerator for basic EPS - Net income available to common stockholders	$	15,530	$	22,589	$	26,957
Effect of dilutive securities:
Dilutive effect to participating securities	4		6		7
Numerator for diluted EPS	$	15,534	$	22,595	$	26,964
Denominator:
Weighted-average common shares outstanding - basic	16,078,066		16,729,056		17,692,493
Effect of dilutive shares	417,049		563,183		700,691
Weighted-average common shares outstanding - diluted	16,495,115		17,292,239		18,393,184
Net income per share - basic	$	0.96	$	1.34	$	1.52
Net income per share - diluted	$	0.94	$	1.30	$	1.46

Equity Incentive Plan (Tables)

12 Months Ended

Jun. 30, 2021

Share-based Payment Arrangement [Abstract]

Equity Incentive Plan Stock Option Activity

The table below presents stock option activity and related information:


	Options	Weighted- average exercise price		Remaining contractual life (years)	Aggregate Intrinsic Value
Options outstanding at June 30, 2018	1,718,270	17.29		5.9	$	18,664
Granted	40,500	27.51		—	—

Exercised	80,311	14.62		—	—
Forfeited	20,300	23.30		—	—
Expired	945	23.82		—	—
Options outstanding at June 30, 2019	1,657,214	$	17.29	5.0	$	12,909
Exercisable at June 30, 2019	1,279,614	$	15.39
Granted	66,000	25.46		—	—

Exercised	106,914	14.41		—	—
Forfeited	800	17.35		—	—

Options outstanding at June 30, 2020	1,615,500	$	18.12	4.4	$	1,711
Exercisable at June 30, 2020	1,298,000	$	16.27
Granted	49,750	23.44		—	—

Exercised	318,894	14.40		—	—
Forfeited	26,900	25.77		—	—

Options outstanding at June 30, 2021	1,319,456	$	19.07	3.9	$	11,657
Exercisable at June 30, 2021	1,074,706	$	17.63	3.1	$	11,036
Non-vested at June 30, 2021	244,750	$	25.37	7.5	$	621

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

Assumptions used for grants were as follows:


Assumptions in Estimating Option Values
	Year Ended June 30,
	2021			2020
Weighted-average volatility	28.32		%	25.60		%
Expected dividend yield	1.33		%	1.05		%
Risk-free interest rate	0.77		%	1.43		%
Expected life (years)	6.5			6.5
Weighted-average fair value of options granted	$	5.61		$	5.88

Equity Incentive Plan Restricted Award Activity

The table below presents restricted stock award activity and related information:


	Restricted stock awards	Weighted- average grant date fair value		Aggregate Intrinsic Value
Non-vested at June 30, 2018	133,410	$	22.85	$	3,755
Granted	34,000	27.51		—
Vested	39,310	21.64		—
Forfeited	4,300	19.08		—
Non-vested at June 30, 2019	123,800	24.65		2,258
Granted	67,556	26.39		—
Vested	38,925	23.02		—
Forfeited	8,385	24.88		—
Non-vested at June 30, 2020	144,046	25.89		2,305
Granted	58,547	23.10		—
Vested	45,296	25.17		—
Forfeited	5,722	25.02		—
Non-vested at June 30, 2021	151,575	$	25.06	$	4,229

Capital (Tables)

12 Months Ended

Jun. 30, 2021

Banking And Thrift, Regulatory Capital Requirements [Abstract]

Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations

HomeTrust Bancshares, Inc. and the Bank's actual and required minimum capital amounts and ratios are as follows:


					Regulatory Requirements
	Actual				Minimum for Capital Adequacy Purposes				Minimum to Be Well Capitalized
	Amount		Ratio		Amount		Ratio		Amount		Ratio
HomeTrust Bancshares, Inc.
June 30, 2021
CET1 capital (to risk-weighted assets)	$	375,320	11.26	%	$	149,943	4.50	%	$	216,584	6.50	%
Tier 1 capital (to total adjusted assets)	$	375,320	10.29	%	$	145,915	4.00	%	$	182,393	5.00	%
Tier 1 capital (to risk-weighted assets)	$	375,320	11.26	%	$	199,924	6.00	%	$	266,565	8.00	%
Total risk-based capital (to risk-weighted assets)	$	398,408	11.96	%	$	266,565	8.00	%	$	333,206	10.00	%

June 30, 2020
CET1 capital (to risk-weighted assets)	$	374,437	11.26	%	$	149,614	4.50	%	$	216,109	6.50	%
Tier 1 capital (to total adjusted assets)	$	374,437	10.26	%	$	146,047	4.00	%	$	182,559	5.00	%
Tier 1 capital (to risk-weighted assets)	$	374,437	11.26	%	$	199,485	6.00	%	$	265,980	8.00	%
Total risk-based capital (to risk-weighted assets)	$	402,964	12.12	%	$	265,980	8.00	%	$	332,476	10.00	%

HomeTrust Bank:
June 30, 2021
CET1 capital (to risk-weighted assets)	$	357,767	10.74	%	$	149,936	4.50	%	$	216,575	6.50	%
Tier 1 capital (to total adjusted assets)	$	357,767	9.81	%	$	145,933	4.00	%	$	182,417	5.00	%
Tier 1 capital (to risk-weighted assets)	$	357,767	10.74	%	$	199,915	6.00	%	$	266,553	8.00	%
Total risk-based capital (to risk-weighted assets)	$	380,855	11.43	%	$	266,553	8.00	%	$	333,192	10.00	%

June 30, 2020
CET1 capital (to risk-weighted assets)	$	362,841	10.91	%	$	149,608	4.50	%	$	216,100	6.50	%
Tier 1 capital (to total adjusted assets)	$	362,841	9.94	%	$	146,010	4.00	%	$	182,512	5.00	%
Tier 1 capital (to risk-weighted assets)	$	362,841	10.91	%	$	199,477	6.00	%	$	265,969	8.00	%
Total risk-based capital (to risk-weighted assets)	$	391,368	11.77	%	$	265,969	8.00	%	$	332,461	10.00	%

___________________________________

Reconciliation of the Bank's Total Equity Capital Under US GAAP and Regulatory Capital Amounts

A reconciliation of HomeTrust Bancshares, Inc.'s stockholders' equity under US GAAP and regulatory capital amounts as of the dates indicated follows:


	June 30,
	2021		2020
Total stockholders' equity under US GAAP	$	396,519	$	408,263
Accumulated other comprehensive income, net of tax	(1,514)		(2,017)
Investment in nonincludable subsidiary	(862)		(815)
Disallowed deferred tax assets	(4,459)		(4,526)
Disallowed goodwill and other disallowed intangible assets	(25,902)		(26,468)
Cumulative-effect adjustment due to the adoption of ASU 2016-13	13,358		—
Modifed CECL transition adjustment (1)	(1,820)		—
Tier 1 Capital and CET1	375,320		374,437
Allowable portion of allowance for credit losses and loan commitments	23,088		28,527
Total risk-based capital	$	398,408	$	402,964

_____________________

Parent Company Financial Information (Tables)

12 Months Ended

Jun. 30, 2021

Condensed Financial Information Disclosure [Abstract]

Condensed Balance Sheet


	June 30,
	2021		2020
Assets:
Cash and cash equivalents	$	9,602	$	3,888





REO	143		143
Investment in bank subsidiary	378,966		396,667
ESOP loan receivable	6,665		6,918
Other assets	1,241		731
Total assets	$	396,617	$	408,347
Liabilities and stockholders’ equity:
Other liabilities	$	98	$	84
Stockholders’ equity	396,519		408,263
Total liabilities and stockholders’ equity	$	396,617	$	408,347

Condensed Income Statement

Condensed Statement of Income


	Year Ended June 30,
	2021		2020		2019
Income:
Interest income	$	158	$	217	$	329
Other income	—		1		54
Equity earnings in Bank subsidiary	16,246		23,522		27,287
Total income	16,404		23,740		27,670
Expense:
Management fee expense	474		399		407
REO expense	—		5		11
Loss on sale and impairment of REO	—		249		114
Recovery of loan losses	—		(4)		(259)
Other expense	255		258		251
Total expense	729		907		524
Income before income taxes	15,675		22,833		27,146
Income tax expense	—		50		—
Net income	$	15,675	$	22,783	$	27,146

Condensed Cash Flow Statement

Condensed Statement of Cash Flows


	Year Ended June 30,
	2021		2020		2019
Operating activities:
Net income	$	15,675	$	22,783	$	27,146
Adjustments to reconcile net income to net cash provided by operating activities:
Recovery of loan losses	—		(4)		(259)
Loss on sale and impairment of REO	—		249		114
Decrease (increase) in other assets	(435)		(221)		52
Equity in undistributed income of Bank	(16,246)		(23,522)		(27,287)
ESOP compensation expense	1,125		1,195		1,422
Restricted stock and stock option expense	2,102		1,822		1,601
Increase in other liabilities	(61)		45		—
Net cash provided by operating activities	2,160		2,347		2,789
Investing activities:

Maturities of certificates of deposit in other banks	—		746		248



Repayment of loans	—		1,243		2,796


Increase in investment in Bank subsidiary	(1,330)		(1,380)		(1,556)
Dividend from subsidiary	21,416		19,445		13,454

ESOP principal payments received	253		494		484
Proceeds from sale of REO	—		229		70


Net cash provided by investing activities	20,339		20,777		15,496
Financing activities:


Common stock repurchased	(16,155)		(24,484)		(30,638)
Cash dividends paid	(5,018)		(4,552)		(3,176)
Retired stock	(204)		(222)		(205)
Exercised stock options	4,592		1,541		1,173
Net cash used in financing activities	(16,785)		(27,717)		(32,846)
Net increase (decrease) in cash and cash equivalents	5,714		(4,593)		(14,561)
Cash and cash equivalents at beginning of period	3,888		8,481		23,042
Cash and cash equivalents at end of period	$	9,602	$	3,888	$	8,481

Fair Value of Financial Instruments (Tables)

12 Months Ended

Jun. 30, 2021

Fair Value Disclosures [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

The following table presents financial assets measured at fair value on a recurring basis at the dates indicated:


	June 30, 2021
	Total		Level 1		Level 2		Level 3
U.S government agencies	$	19,073	$	—	$	19,073	$	—
Residential MBS of U.S. government agencies and GSEs	43,404		—		43,404		—
Municipal bonds	9,551		—		9,551		—
Corporate bonds	84,431		—		84,431		—

Total	$	156,459	$	—	$	156,459	$	—


	June 30, 2020
	Total		Level 1		Level 2		Level 3
U.S government agencies	$	4,173	$	—	$	4,173	$	—
Residential MBS of U.S. government agencies and GSEs	48,355		—		48,355		—
Municipal bonds	16,631		—		16,631		—
Corporate bonds	58,378		—		58,378		—

Total	$	127,537	$	—	$	127,537	$	—

There were no transfers between levels during the years ended June 30, 2021 and 2020.

Fair Value Measurements, Nonrecurring

The following table presents financial assets measured at fair value on a non-recurring basis at the dates indicated:


	June 30, 2021
	Total		Level 1		Level 2		Level 3
Individually evaluated loans	$	8,354	$	—	$	—	$	8,354


	June 30, 2020
	Total		Level 1		Level 2		Level 3
Impaired loans	$	9,168	$	—	$	—	$	9,168
REO	97		—		—		97
Total	$	9,265	$	—	$	—	$	9,265

Schedule of Quantitative Information About Level 3 Fair Value Measurements

Quantitative information about Level 3 fair value measurements during the period ended June 30, 2021 and 2020 is shown in the table below:

Fair Value at June 30, 2021

Valuation
Techniques

Unobservable
Input

Range

Weighted
Average

Nonrecurring measurements:

Individually evaluated loans

8,354

Discounted appraisals and discounted cash flows

Collateral discounts: Discount spread:

0% - 52% 0% - 7%


	Fair Value at June 30, 2020		Valuation Techniques	Unobservable Input	Range		Weighted Average
Nonrecurring measurements:
Impaired loans, net	$	9,168	Discounted appraisals and discounted cash flows	Collateral discounts: Discount spread:	0% - 63% 2% - 3%		27	%
REO	$	97	Discounted appraisals	Collateral discounts	8	%	8	%

Fair Value, by Balance Sheet Grouping

The stated carrying value and estimated fair value amounts of financial instruments as of June 30, 2021 and June 30, 2020, are summarized below:


	June 30, 2021
	Carrying Value		Fair Value		Level 1		Level 2		Level 3
Assets:
Cash and cash equivalents	$	50,990	$	50,990	$	50,990	$	—	$	—
Commercial paper	189,596		189,596		189,596		—		—
Certificates of deposit in other banks	40,122		40,122		—		40,122		—
Debt securities available for sale	156,459		156,459		—		156,459		—
Loans held for sale	93,539		94,779		—		—		94,779
Loans, net	2,697,799		2,668,570		—		—		2,668,570
FHLB stock	6,153		6,153		6,153		—		—
FRB stock	7,386		7,386		7,386		—		—
SBIC investments	10,171		10,171		—		—		10,171

Accrued interest receivable	7,933		7,933		52		542		7,339
Liabilities:
Noninterest-bearing and NOW deposits	1,281,372		1,281,372		—		1,281,372		—
Money market accounts	975,001		975,001		—		975,001		—
Savings accounts	226,391		226,391		—		226,391		—
Certificates of deposit	472,777		474,397		—		474,397		—
Borrowings	115,000		115,000		—		115,000		—
Accrued interest payable	52		52		—		52		—


	June 30, 2020
	Carrying Value		Fair Value		Level 1		Level 2		Level 3
Assets:
Cash and cash equivalents	$	121,622	$	121,622	$	121,622	$	—	$	—
Commercial paper	304,967		304,967		304,967		—		—
Certificates of deposit in other banks	55,689		55,689		—		55,689		—
Debt securities available for sale	127,537		127,537		—		127,537		—
Loans held for sale	77,177		78,129		—		—		78,129
Loans, net	2,741,047		2,692,265		—		—		2,692,265
FHLB stock	23,309		23,309		23,309		—		—
FRB stock	7,368		7,368		7,368		—		—
SBIC investments	8,269		8,269		—		—		8,269
Accrued interest receivable	12,312		12,312		208		744		11,360
Liabilities:
Noninterest-bearing and NOW deposits	1,012,200		1,012,200		—		1,012,200		—
Money market accounts	836,738		836,738		—		836,738		—
Savings accounts	197,676		197,676		—		197,676		—
Certificates of deposit	739,142		745,078		—		745,078		—
Borrowings	475,000		511,529		—		511,529		—
Accrued interest payable	1,087		1,087		—		1,087		—

Revenue (Tables)

12 Months Ended

Jun. 30, 2021

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

The table below presents the Company's sources of noninterest income, segregated by in-scope and out-of-scope revenue streams of Topic 606 for the periods indicated:


	Year Ended June 30,
	2021		2020		2019
In-scope of Topic 606:
Service charges on deposit accounts	$	2,785	$	3,772	$	3,978
Fees, interchange, and other service charges	7,013		6,332		6,377
Other	576		470		775
Noninterest income (in-scope of Topic 606)	10,374		10,574		11,130
Noninterest income (out-of-scope of Topic 606)	29,447		19,758		11,810
Total noninterest income	$	39,821	$	30,332	$	22,940

Unaudited Interim Financial Information (Tables)

12 Months Ended

Jun. 30, 2021

Quarterly Financial Information Disclosure [Abstract]

Schedule of Quarterly Financial Information

The unaudited statements of income for each of the quarters during the fiscal years ended June 30, 2021, 2020 and 2019 are summarized below:


	Three Months Ended
	June 30, 2021		March 31, 2021		December 31, 2020		September 30, 2020
Interest and dividend income	$	28,806	$	29,321	$	30,157	$	30,449
Interest expense	2,808		3,628		4,035		4,940
Net interest income	25,998		25,693		26,122		25,509
Provision (benefit) for credit losses	(955)		(4,100)		(3,030)		950
Net interest income after provision (benefit) for credit losses	26,953		29,793		29,152		24,559
Noninterest income	11,160		10,678		9,344		8,639
Noninterest expense	48,233		30,506		26,443		26,000
Income before income taxes	(10,120)		9,965		12,053		7,198
Income tax benefit	(2,712)		2,096		2,592		1,445
Net income (loss)	$	(7,408)	$	7,869	$	9,461	$	5,753
Net income (loss) per common share:
Basic	$	(0.46)	$	0.49	$	0.58	$	0.35
Diluted	$	(0.46)	$	0.48	$	0.57	$	0.35


	Three Months Ended
	June 30, 2020		March 31, 2020		December 31, 2019		September 30, 2019
Interest and dividend income	$	31,074	$	33,037	$	35,896	$	36,247
Interest expense	6,386		7,728		8,862		9,174
Net interest income	24,688		25,309		27,034		27,073
Provision for credit losses	2,700		5,400		400		—
Net interest income after provision for credit losses	21,988		19,909		26,634		27,073
Noninterest income	7,223		6,375		9,074		7,660
Noninterest expense	24,652		24,903		24,041		23,533
Income before income taxes	4,559		1,381		11,667		11,200
Income tax expense	964		188		2,476		2,396
Net income	$	3,595	$	1,193	$	9,191	$	8,804
Net income per common share:
Basic	$	0.22	$	0.07	$	0.54	$	0.51
Diluted	$	0.22	$	0.07	$	0.52	$	0.49


	Three Months Ended
	June 30, 2019		March 31, 2019		December 31, 2018		September 30, 2018
Interest and dividend income	$	35,820	$	34,714	$	34,400	$	32,280
Interest expense	8,931		8,145		7,299		6,008
Net interest income	26,889		26,569		27,101		26,272
Provision for credit losses	200		5,500		—		—
Net interest income after provision for credit losses	26,689		21,069		27,101		26,272
Noninterest income	6,846		5,396		5,085		5,613
Noninterest expense	23,415		22,978		21,858		21,883
Income before income taxes	10,120		3,487		10,328		10,002
Income tax expense	2,107		185		2,287		2,212
Net income	$	8,013	$	3,302	$	8,041	$	7,790
Net income per common share:
Basic	$	0.45	$	0.19	$	0.45	$	0.43
Diluted	$	0.44	$	0.18	$	0.43	$	0.41

Summary of Significant Accounting Policies - Narrative (Details)	12 Months Ended
	Jun. 30, 2021 USD ($) segment hour derivative_instrument	Jul. 01, 2020 USD ($)	Jun. 30, 2020 USD ($)	Jun. 30, 2019 USD ($)	Jun. 30, 2018 USD ($)
Financing Receivable, Past Due [Line Items]
Number of loan portfolio segments \| segment	2
Nonperforming assets, period past due	90 days
Threshold period after bankruptcy notification for charge-off	60 days
Threshold period after bankruptcy notification past due	120 days
Employee stock ownership plan, requisite service for eligibility \| hour	1,000
Employee stock ownership plan, period for eligibility	12 months
Employee stock ownership plan, minimum age for eligibility	21 years
Employer matching contribution, percent of match	50.00%
Employer matching contribution, percent of employees' gross pay	6.00%
Vesting increment percentage	20.00%
Employee service period	6 years
Employee stock ownership plan, contribution period for loan payable	20 years
Derivative, number of instruments held \| derivative_instrument	2
Debt Securities, Available-for-Sale, Accrued Interest, after Allowance for Credit Loss	$ 754,000
Commercial Paper, Allowance For Credit Loss		$ 0
Allowance for loan losses, PCI	35,468,000	28,072,000	$ 28,072,000	$ 21,429,000	$ 21,060,000
Deferred income taxes	16,901,000	16,334,000	16,334,000
Unfunded commitments		0
Retained earnings	240,075,000	242,776,000	242,776,000
Retail Consumer loans
Financing Receivable, Past Due [Line Items]
Allowance for loan losses, PCI	10,722,000	6,956,000	6,956,000
Commercial Loans
Financing Receivable, Past Due [Line Items]
Allowance for loan losses, PCI	$ 24,746,000	21,116,000	21,116,000
Minimum
Financing Receivable, Past Due [Line Items]
Employee service period	2 years
Core Deposits \| Minimum
Financing Receivable, Past Due [Line Items]
Finite-lived intangible asset, useful life	5 years
Core Deposits \| Maximum
Financing Receivable, Past Due [Line Items]
Finite-lived intangible asset, useful life	10 years
Cumulative Effect, Period of Adoption, Adjusted Balance
Financing Receivable, Past Due [Line Items]
Commercial Paper, Allowance For Credit Loss		(250,000)
Allowance for loan losses, PCI		42,881,000
Deferred income taxes		20,323,000
Unfunded commitments		2,288,000
Retained earnings		229,418,000
Cumulative Effect, Period of Adoption, Adjusted Balance \| Retail Consumer loans
Financing Receivable, Past Due [Line Items]
Allowance for loan losses, PCI		17,692,000
Cumulative Effect, Period of Adoption, Adjusted Balance \| Commercial Loans
Financing Receivable, Past Due [Line Items]
Allowance for loan losses, PCI		25,189,000
Cumulative Effect, Period of Adoption, Adjustment
Financing Receivable, Past Due [Line Items]
Financing Receivable, Including Commercial Paper, Allowance For Credit Loss		15,059,000
Commercial Paper, Allowance For Credit Loss		(250,000)
Allowance for loan losses, PCI		14,809,000	14,809,000
Deferred income taxes		3,989,000
Unfunded commitments		2,288,000
Retained earnings		(13,358,000)
Cumulative Effect, Period of Adoption, Adjustment \| Retail Consumer loans
Financing Receivable, Past Due [Line Items]
Allowance for loan losses, PCI		10,736,000	10,736,000
Cumulative Effect, Period of Adoption, Adjustment \| Commercial Loans
Financing Receivable, Past Due [Line Items]
Allowance for loan losses, PCI		$ 4,073,000	$ 4,073,000
Financial Assets Not Considered Collateral Dependent \| Retail Consumer loans
Financing Receivable, Past Due [Line Items]
Threshold period past due for charge-off	90 days
Real Estate \| Retail Consumer loans
Financing Receivable, Past Due [Line Items]
Threshold period past due for charge-off	120 days
Commercial Paper
Financing Receivable, Past Due [Line Items]
Maturities of short-term debt of investment graded corporations (less than)	1 year
Maximum amount of instruments per issuer	$ 15,000,000

Debt Securities - Schedule of Available-for-sale Securities Reconciliation (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Jun. 30, 2020
Debt Securities, Available-for-sale [Line Items]
Debt securities, available-for-sale, amortized cost	$ 154,493	$ 124,918
Gross Unrealized Gains	2,184	2,803
Gross Unrealized Losses	(218)	(184)
Estimated Fair Value	156,459	127,537
US Government Agencies Debt Securities
Debt Securities, Available-for-sale [Line Items]
Debt securities, available-for-sale, amortized cost	18,975	3,957
Gross Unrealized Gains	135	216
Gross Unrealized Losses	(37)	0
Estimated Fair Value	19,073	4,173
Residential MBS of U.S. government agencies and GSEs
Debt Securities, Available-for-sale [Line Items]
Debt securities, available-for-sale, amortized cost	42,119	46,629
Gross Unrealized Gains	1,339	1,776
Gross Unrealized Losses	(54)	(50)
Estimated Fair Value	43,404	48,355
Municipal bonds
Debt Securities, Available-for-sale [Line Items]
Debt securities, available-for-sale, amortized cost	9,098	16,090
Gross Unrealized Gains	453	541
Gross Unrealized Losses	0	0
Estimated Fair Value	9,551	16,631
Corporate bonds
Debt Securities, Available-for-sale [Line Items]
Debt securities, available-for-sale, amortized cost	84,301	58,242
Gross Unrealized Gains	257	270
Gross Unrealized Losses	(127)	(134)
Estimated Fair Value	$ 84,431	$ 58,378

Debt Securities - Schedule of Investments Classified by Contractual Maturity Date (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Jun. 30, 2020
Amortized Cost
Due within one year	$ 34,615	$ 29,190
Due after one year through five years	73,249	44,881
Due after five years through ten years	4,510	2,434
Due after ten years	0	1,784
Total	154,493	124,918
Estimated Fair Value
Due within one year	34,684	29,247
Due after one year through five years	73,633	45,516
Due after five years through ten years	4,738	2,630
Due after ten years	0	1,789
Total	156,459	127,537
Mortgage-backed Securities
Amortized Cost
Total	42,119	46,629
Estimated Fair Value
Total	$ 43,404	$ 48,355

Debt Securities - Schedule of Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Jun. 30, 2020
Fair Value
Less than 12 Months, Fair Value	$ 40,048	$ 12,006
12 Months or More, Fair Value	1,205	2,435
Total fair value	41,253	14,441
Unrealized Losses
Less than 12 Months, Unrealized Losses	(192)	(144)
12 Months or More, Unrealized Losses	(26)	(40)
Total, unrealized losses	(218)	(184)
US Government Agencies Debt Securities
Fair Value
Less than 12 Months, Fair Value	14,963
12 Months or More, Fair Value	0
Total fair value	14,963
Unrealized Losses
Less than 12 Months, Unrealized Losses	(37)
12 Months or More, Unrealized Losses	0
Total, unrealized losses	(37)
Residential MBS of U.S. government agencies and GSEs
Fair Value
Less than 12 Months, Fair Value	5,212	227
12 Months or More, Fair Value	1,205	2,435
Total fair value	6,417	2,662
Unrealized Losses
Less than 12 Months, Unrealized Losses	(28)	(10)
12 Months or More, Unrealized Losses	(26)	(40)
Total, unrealized losses	(54)	(50)
Corporate bonds
Fair Value
Less than 12 Months, Fair Value	19,873	11,779
12 Months or More, Fair Value	0	0
Total fair value	19,873	11,779
Unrealized Losses
Less than 12 Months, Unrealized Losses	(127)	(134)
12 Months or More, Unrealized Losses	0	0
Total, unrealized losses	$ (127)	$ (134)

Debt Securities - Narrative (Details)	12 Months Ended
Debt Securities - Narrative (Details)	Jun. 30, 2021 USD ($) security	Jun. 30, 2020 USD ($) security	Jun. 30, 2019 USD ($)
Debt Securities, Available-for-sale [Line Items]
Gross realized losses	$ 0	$ 0	$ 0
Debt securities available for sale, at fair value (amortized cost of $154,493 and $124,918 at June 30, 2021 and June 30, 2020, respectively)	156,459,000	127,537,000
Market value of available-for-sale securities pledged as collateral	$ 98,890,000	$ 84,456,000
Number of securities with unrealized losses \| security	28	24
Collateral Pledged
Debt Securities, Available-for-sale [Line Items]
Debt securities available for sale, at fair value (amortized cost of $154,493 and $124,918 at June 30, 2021 and June 30, 2020, respectively)	$ 97,603,000	$ 82,888,000

Other Investments (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Jun. 30, 2020
Investments, All Other Investments [Abstract]
FHLB of Atlanta	$ 6,153	$ 23,309
Federal Reserve Bank of Richmond (FRB)	7,386	7,368
Nonmarketable Investment Securities	10,171	8,269
Other investments, at cost	$ 23,710	$ 38,946

Loans Held For Sale (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Jun. 30, 2020
Accounts, Notes, Loans and Financing Receivable
Total	$ 93,539	$ 77,177
One-to-four family
Accounts, Notes, Loans and Financing Receivable
Total	31,873	28,152
SBA
Accounts, Notes, Loans and Financing Receivable
Total	4,160	1,240
HELOCs
Accounts, Notes, Loans and Financing Receivable
Total	$ 57,506	$ 47,785

Premises and Equipment - Property, Plant and Equipment (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Jun. 30, 2020
Property, Plant and Equipment [Abstract]
Land	$ 25,488	$ 20,785
Office buildings	68,861	59,333
Furniture, fixtures and equipment	16,244	15,724
Total	110,593	95,842
Less accumulated depreciation	(39,684)	(37,380)
Premises and equipment, net	$ 70,909	$ 58,462

Loans and Allowance for Credit Losses on Loans - Schedule of Accounts, Notes, Loans and Financing Receivable (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Jul. 01, 2020	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2018
Accounts, Notes, Loans and Financing Receivable
Total loans	$ 2,733,267		$ 2,768,930
Deferred loan costs, net	0		189
Total loans, net of deferred loan fees and costs	2,733,267		2,769,119
Allowance for credit losses	(35,468)	$ (28,072)	(28,072)	$ (21,429)	$ (21,060)
Net loans	2,697,799		2,741,047
Deferred cost	117
Unamortized discount total related to loans acquired	3,123
Accrued interest receivable	7,339
PCI
Accounts, Notes, Loans and Financing Receivable
Total loans			12,792
Allowance for credit losses			(182)	$ (201)	$ (483)
Commercial Loans
Accounts, Notes, Loans and Financing Receivable
Total loans	1,968,035		1,861,588
Total loans, net of deferred loan fees and costs	1,968,035
Allowance for credit losses	(24,746)	(21,116)	(21,116)
Commercial Loans \| Commercial real estate
Accounts, Notes, Loans and Financing Receivable
Total loans	1,142,276		1,052,906
Total loans, net of deferred loan fees and costs	1,142,276
Allowance for credit losses	(13,282)		(11,805)
Commercial Loans \| Commercial real estate \| PCI
Accounts, Notes, Loans and Financing Receivable
Total loans			5,822
Allowance for credit losses			(113)
Commercial Loans \| Construction and development
Accounts, Notes, Loans and Financing Receivable
Total loans	179,427		215,934
Total loans, net of deferred loan fees and costs	179,427
Allowance for credit losses	(1,801)		(3,608)
Commercial Loans \| Construction and development \| PCI
Accounts, Notes, Loans and Financing Receivable
Total loans			590
Allowance for credit losses			(4)
Commercial Loans \| Commercial and industrial
Accounts, Notes, Loans and Financing Receivable
Total loans	141,341		154,825
Total loans, net of deferred loan fees and costs	141,341
Allowance for credit losses	(2,592)		(2,199)
Commercial Loans \| Commercial and industrial \| PCI
Accounts, Notes, Loans and Financing Receivable
Total loans			1,562
Allowance for credit losses			(15)
Commercial Loans \| Equipment finance
Accounts, Notes, Loans and Financing Receivable
Total loans	317,920		229,239
Total loans, net of deferred loan fees and costs	317,920
Allowance for credit losses	(6,537)		(2,807)
Commercial Loans \| Equipment finance \| PCI
Accounts, Notes, Loans and Financing Receivable
Total loans			0
Allowance for credit losses			0
Commercial Loans \| Municipal leases
Accounts, Notes, Loans and Financing Receivable
Total loans	140,421		127,987
Total loans, net of deferred loan fees and costs	140,421
Allowance for credit losses	(534)		(697)
Commercial Loans \| Municipal leases \| PCI
Accounts, Notes, Loans and Financing Receivable
Total loans			0
Allowance for credit losses			0
Commercial Loans \| PPP loans
Accounts, Notes, Loans and Financing Receivable
Total loans	46,650		80,697
Allowance for credit losses	0
Retail Consumer Loans
Accounts, Notes, Loans and Financing Receivable
Total loans	765,232		907,342
Total loans, net of deferred loan fees and costs	765,232
Allowance for credit losses	(10,722)	$ (6,956)	(6,956)
Retail Consumer Loans \| One-to-four family
Accounts, Notes, Loans and Financing Receivable
Total loans	406,549		473,693
Total loans, net of deferred loan fees and costs	406,549
Allowance for credit losses	(5,409)		(2,469)
Retail Consumer Loans \| One-to-four family \| PCI
Accounts, Notes, Loans and Financing Receivable
Total loans			4,473
Allowance for credit losses			(17)
Retail Consumer Loans \| HELOCs - originated
Accounts, Notes, Loans and Financing Receivable
Total loans	130,225		137,447
Total loans, net of deferred loan fees and costs	130,225
Allowance for credit losses	(1,512)		(1,344)
Retail Consumer Loans \| HELOCs - originated \| PCI
Accounts, Notes, Loans and Financing Receivable
Total loans			0
Allowance for credit losses			0
Retail Consumer Loans \| HELOCs - purchased
Accounts, Notes, Loans and Financing Receivable
Total loans	38,976		71,781
Total loans, net of deferred loan fees and costs	38,976
Allowance for credit losses	(452)		(430)
Retail Consumer Loans \| HELOCs - purchased \| PCI
Accounts, Notes, Loans and Financing Receivable
Total loans			0
Allowance for credit losses			0
Retail Consumer Loans \| Construction and land/lots
Accounts, Notes, Loans and Financing Receivable
Total loans	66,027		81,859
Total loans, net of deferred loan fees and costs	66,027
Allowance for credit losses	(812)		(1,442)
Retail Consumer Loans \| Construction and land/lots \| PCI
Accounts, Notes, Loans and Financing Receivable
Total loans			345
Allowance for credit losses			(33)
Retail Consumer Loans \| Indirect auto finance
Accounts, Notes, Loans and Financing Receivable
Total loans	115,093		132,303
Total loans, net of deferred loan fees and costs	115,093
Allowance for credit losses	(2,367)		(1,136)
Retail Consumer Loans \| Indirect auto finance \| PCI
Accounts, Notes, Loans and Financing Receivable
Total loans			0
Allowance for credit losses			0
Retail Consumer Loans \| Consumer
Accounts, Notes, Loans and Financing Receivable
Total loans	8,362		10,259
Total loans, net of deferred loan fees and costs	8,362
Allowance for credit losses	$ (170)		(135)
Retail Consumer Loans \| Consumer \| PCI
Accounts, Notes, Loans and Financing Receivable
Total loans			0
Allowance for credit losses			$ 0

Loans and Allowance for Credit Losses on Loans - Narrative (Details) $ in Thousands	12 Months Ended
	Jun. 30, 2021 USD ($) loan	Jun. 30, 2020 USD ($)
Accounts, Notes, Loans and Financing Receivable
Loans, net		$ 2,756,138
Number of loans \| loan	5
Nonaccrual loan payoffs and charge offs	$ 3,298
Nonaccruing	12,606	15,923
PCI
Accounts, Notes, Loans and Financing Receivable
Loans, net		12,792
Nonaccruing	486
Coronavirus Aid Relief And Economic Securities Act Short Term Modifications \| Commercial Loans
Accounts, Notes, Loans and Financing Receivable
Payment deferral, amount on interest-only payments	$ 78,850
Equipment finance \| Commercial Loans
Accounts, Notes, Loans and Financing Receivable
Loans, net		229,239
Number of loans \| loan	2
Nonaccruing		801
Executive Officers and Directors
Accounts, Notes, Loans and Financing Receivable
Loans, net	$ 245	1,498
Executive Officers and Directors \| Unfunded Loan Commitment
Accounts, Notes, Loans and Financing Receivable
Loans, net	$ 11	$ 54

Loans and Allowance for Credit Losses on Loans - Schedule of Past Due Financing Receivables (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Jun. 30, 2020
Financing Receivable, Past Due [Line Items]
Past Due	$ 7,115	$ 16,133
Current	2,726,152	2,752,797
Total Loans	2,733,267	2,768,930
30-89 Days
Financing Receivable, Past Due [Line Items]
Past Due	3,313	8,245
90 Days
Financing Receivable, Past Due [Line Items]
Past Due	3,802	7,888
Retail Consumer Loans
Financing Receivable, Past Due [Line Items]
Total Loans	765,232	907,342
Retail Consumer Loans \| One-to-four family
Financing Receivable, Past Due [Line Items]
Past Due	2,236	4,826
Current	404,313	468,867
Total Loans	406,549	473,693
Retail Consumer Loans \| One-to-four family \| 30-89 Days
Financing Receivable, Past Due [Line Items]
Past Due	1,112	1,679
Retail Consumer Loans \| One-to-four family \| 90 Days
Financing Receivable, Past Due [Line Items]
Past Due	1,124	3,147
Retail Consumer Loans \| HELOCs - originated
Financing Receivable, Past Due [Line Items]
Past Due	476	752
Current	129,749	136,695
Total Loans	130,225	137,447
Retail Consumer Loans \| HELOCs - originated \| 30-89 Days
Financing Receivable, Past Due [Line Items]
Past Due	290	442
Retail Consumer Loans \| HELOCs - originated \| 90 Days
Financing Receivable, Past Due [Line Items]
Past Due	186	310
Retail Consumer Loans \| HELOCs - purchased
Financing Receivable, Past Due [Line Items]
Past Due	277	261
Current	38,699	71,520
Total Loans	38,976	71,781
Retail Consumer Loans \| HELOCs - purchased \| 30-89 Days
Financing Receivable, Past Due [Line Items]
Past Due	198	214
Retail Consumer Loans \| HELOCs - purchased \| 90 Days
Financing Receivable, Past Due [Line Items]
Past Due	79	47
Retail Consumer Loans \| Construction and land/lots
Financing Receivable, Past Due [Line Items]
Past Due	41	252
Current	65,986	81,607
Total Loans	66,027	81,859
Retail Consumer Loans \| Construction and land/lots \| 30-89 Days
Financing Receivable, Past Due [Line Items]
Past Due	6	0
Retail Consumer Loans \| Construction and land/lots \| 90 Days
Financing Receivable, Past Due [Line Items]
Past Due	35	252
Retail Consumer Loans \| Indirect auto finance
Financing Receivable, Past Due [Line Items]
Past Due	558	1,041
Current	114,535	131,262
Total Loans	115,093	132,303
Retail Consumer Loans \| Indirect auto finance \| 30-89 Days
Financing Receivable, Past Due [Line Items]
Past Due	299	756
Retail Consumer Loans \| Indirect auto finance \| 90 Days
Financing Receivable, Past Due [Line Items]
Past Due	259	285
Retail Consumer Loans \| Consumer
Financing Receivable, Past Due [Line Items]
Past Due	414	55
Current	7,948	10,204
Total Loans	8,362	10,259
Retail Consumer Loans \| Consumer \| 30-89 Days
Financing Receivable, Past Due [Line Items]
Past Due	378	30
Retail Consumer Loans \| Consumer \| 90 Days
Financing Receivable, Past Due [Line Items]
Past Due	36	25
Commercial Loans
Financing Receivable, Past Due [Line Items]
Total Loans	1,968,035	1,861,588
Commercial Loans \| Small Business Administration (SBA), CARES Act, Paycheck Protection Program
Financing Receivable, Past Due [Line Items]
Past Due		0
Current		80,697
Total Loans	46,650	80,697
Commercial Loans \| 30-89 Days \| Small Business Administration (SBA), CARES Act, Paycheck Protection Program
Financing Receivable, Past Due [Line Items]
Past Due		0
Commercial Loans \| 90 Days \| Small Business Administration (SBA), CARES Act, Paycheck Protection Program
Financing Receivable, Past Due [Line Items]
Past Due		0
Commercial Loans \| Commercial real estate
Financing Receivable, Past Due [Line Items]
Past Due	2,076	7,420
Current	1,140,200	1,045,486
Total Loans	1,142,276	1,052,906
Commercial Loans \| Commercial real estate \| 30-89 Days
Financing Receivable, Past Due [Line Items]
Past Due	396	4,528
Commercial Loans \| Commercial real estate \| 90 Days
Financing Receivable, Past Due [Line Items]
Past Due	1,680	2,892
Commercial Loans \| Construction and development
Financing Receivable, Past Due [Line Items]
Past Due	37	634
Current	179,390	215,300
Total Loans	179,427	215,934
Commercial Loans \| Construction and development \| 30-89 Days
Financing Receivable, Past Due [Line Items]
Past Due	0	293
Commercial Loans \| Construction and development \| 90 Days
Financing Receivable, Past Due [Line Items]
Past Due	37	341
Commercial Loans \| Commercial and industrial
Financing Receivable, Past Due [Line Items]
Past Due	653	91
Current	140,688	154,734
Total Loans	141,341	154,825
Commercial Loans \| Commercial and industrial \| 30-89 Days
Financing Receivable, Past Due [Line Items]
Past Due	634	0
Commercial Loans \| Commercial and industrial \| 90 Days
Financing Receivable, Past Due [Line Items]
Past Due	19	91
Commercial Loans \| Equipment finance
Financing Receivable, Past Due [Line Items]
Past Due	347	801
Current	317,573	228,438
Total Loans	317,920	229,239
Commercial Loans \| Equipment finance \| 30-89 Days
Financing Receivable, Past Due [Line Items]
Past Due	0	303
Commercial Loans \| Equipment finance \| 90 Days
Financing Receivable, Past Due [Line Items]
Past Due	347	498
Commercial Loans \| Municipal leases
Financing Receivable, Past Due [Line Items]
Past Due	0	0
Current	140,421	127,987
Total Loans	140,421	127,987
Commercial Loans \| Municipal leases \| 30-89 Days
Financing Receivable, Past Due [Line Items]
Past Due	0	0
Commercial Loans \| Municipal leases \| 90 Days
Financing Receivable, Past Due [Line Items]
Past Due	0	0
Commercial Loans \| PPP loans
Financing Receivable, Past Due [Line Items]
Past Due	0
Current	46,650
Total Loans	46,650	$ 80,697
Commercial Loans \| PPP loans \| 30-89 Days
Financing Receivable, Past Due [Line Items]
Past Due	0
Commercial Loans \| PPP loans \| 90 Days
Financing Receivable, Past Due [Line Items]
Past Due	$ 0

Loans and Allowance for Credit Losses on Loans - Schedule of Past Due Loans Still Accruing and Nonaccruing Interest (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Accounts, Notes, Loans and Financing Receivable
Nonaccruing	$ 12,606	$ 15,923
90 Days + & still accruing as of June 30, 2021	0
Nonaccrual with no allowance as of June 30, 2021	5,035
Interest income recognized	762
Purchased Credit Impaired (PCI) Loans
Accounts, Notes, Loans and Financing Receivable
Nonaccruing	486
Retail Consumer Loans \| One-to-four family
Accounts, Notes, Loans and Financing Receivable
Nonaccruing		3,582
Nonaccrual with no allowance as of June 30, 2021	807
Interest income recognized	160
Retail Consumer Loans \| HELOCs - originated
Accounts, Notes, Loans and Financing Receivable
Nonaccruing		531
Nonaccrual with no allowance as of June 30, 2021	0
Interest income recognized	37
Retail Consumer Loans \| HELOCs - purchased
Accounts, Notes, Loans and Financing Receivable
Nonaccruing		662
Nonaccrual with no allowance as of June 30, 2021	0
Interest income recognized	23
Retail Consumer Loans \| Construction and land/lots
Accounts, Notes, Loans and Financing Receivable
Nonaccruing		37
Nonaccrual with no allowance as of June 30, 2021	0
Interest income recognized	0
Retail Consumer Loans \| Indirect auto finance
Accounts, Notes, Loans and Financing Receivable
Nonaccruing		668
Nonaccrual with no allowance as of June 30, 2021	0
Interest income recognized	37
Retail Consumer Loans \| Consumer
Accounts, Notes, Loans and Financing Receivable
Nonaccruing		49
Nonaccrual with no allowance as of June 30, 2021	0
Interest income recognized	9
Commercial Loans \| Commercial real estate
Accounts, Notes, Loans and Financing Receivable
Nonaccruing		8,869
Nonaccrual with no allowance as of June 30, 2021	3,849
Interest income recognized	280
Commercial Loans \| Construction and development
Accounts, Notes, Loans and Financing Receivable
Nonaccruing		465
Nonaccrual with no allowance as of June 30, 2021	80
Interest income recognized	41
Commercial Loans \| Commercial and industrial
Accounts, Notes, Loans and Financing Receivable
Nonaccruing		259
Nonaccrual with no allowance as of June 30, 2021	24
Interest income recognized	15
Commercial Loans \| Equipment finance
Accounts, Notes, Loans and Financing Receivable
Nonaccruing		$ 801
90 Days + & still accruing as of June 30, 2021	0
Nonaccrual with no allowance as of June 30, 2021	275
Interest income recognized	$ 160

Loans and Allowance for Credit Losses on Loans - Schedule of Troubled Debt Restructurings Performing and Excluded from Nonaccruing Loans (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Jun. 30, 2020
Performing financing receivable
Financing Receivable, Modifications
Performing TDRs included in impaired loans	$ 11,088	$ 13,153

Loans and Allowance for Credit Losses on Loans - Breakdown of Provision (Benefit) For Credit Losses (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Provision (benefit) for credit losses:
Loans	$ (7,270)	$ 8,500
Off-balance-sheet credit exposure	35	0
Commercial paper	100	0
Total provision (benefit) for credit losses	$ (7,135)	$ 8,500

Loans and Allowance for Credit Losses on Loans - Schedule of Allowance for Credit Losses on Financing Receivables Table (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	$ 28,072	$ 21,429	$ 21,060
Provision (benefit) for credit losses	(7,270)	8,500	5,700
Charge-offs	(3,533)	(3,816)	(7,409)
Recoveries	3,390	1,959	2,078
Net recoveries (charge-offs)	(143)
Balance at end of period	35,468	28,072	21,429
Cumulative-effect adjustment on the change in accounting for share-based payments
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	14,809
Balance at end of period		14,809
Commercial Loans
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	21,116
Provision (benefit) for credit losses	(758)
Charge-offs	(1,977)
Recoveries	2,292
Net recoveries (charge-offs)	315
Balance at end of period	24,746	21,116
Commercial Loans \| Cumulative-effect adjustment on the change in accounting for share-based payments
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	4,073
Balance at end of period		4,073
Commercial Loans Excluding PCI
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	20,984	14,809	13,050
Provision (benefit) for credit losses		8,656	7,226
Charge-offs		(2,961)	(6,273)
Recoveries		480	806
Balance at end of period		20,984	14,809
Retail Consumer Loans
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	6,956
Provision (benefit) for credit losses	(6,512)
Charge-offs	(1,556)
Recoveries	1,098
Net recoveries (charge-offs)	(458)
Balance at end of period	10,722	6,956
Retail Consumer Loans \| Cumulative-effect adjustment on the change in accounting for share-based payments
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	10,736
Balance at end of period		10,736
Retail Consumer Loans Excluding PCI
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	6,906	6,419	7,527
Provision (benefit) for credit losses		(137)	(1,244)
Charge-offs		(855)	(1,136)
Recoveries		1,479	1,272
Balance at end of period		6,906	6,419
Purchased Credit Impaired (PCI) Loans
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	$ 182	201	483
Provision (benefit) for credit losses		(19)	(282)
Charge-offs		0	0
Recoveries		0	0
Balance at end of period		$ 182	$ 201

Loans and Allowance for Credit Losses on Loans - Schedule of Ending Balances of Loans and the Related Allowance by Segment and Class (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Jul. 01, 2020	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2018
Financing Receivable, Allowance for Credit Loss [Line Items]
Allowance for loan losses, Loans individually evaluated for impairment	$ 467		$ 1,258
Allowance for loan losses, Loans collectively evaluated	35,001		26,632
Allowance for credit losses, Total	35,468	$ 28,072	28,072	$ 21,429	$ 21,060
Total loans receivable, Loans individually evaluated for impairment	8,821		14,486
Total loans receivable, Loans collectively evaluated	2,724,446		2,741,652
Total loans receivable	2,733,267		2,768,930
Purchased Credit Impaired (PCI) Loans
Financing Receivable, Allowance for Credit Loss [Line Items]
Allowance for credit losses, Total			182	$ 201	$ 483
Total loans receivable			12,792
Commercial Loans
Financing Receivable, Allowance for Credit Loss [Line Items]
Allowance for credit losses, Total	24,746	21,116	21,116
Total loans receivable	1,968,035		1,861,588
Commercial Loans \| Small Business Administration (SBA), CARES Act, Paycheck Protection Program
Financing Receivable, Allowance for Credit Loss [Line Items]
Allowance for loan losses, Loans individually evaluated for impairment			0
Allowance for loan losses, Loans collectively evaluated			0
Allowance for credit losses, Total			0
Total loans receivable, Loans individually evaluated for impairment			0
Total loans receivable, Loans collectively evaluated			80,697
Total loans receivable	46,650		80,697
Commercial Loans \| Purchased Credit Impaired (PCI) Loans \| Small Business Administration (SBA), CARES Act, Paycheck Protection Program
Financing Receivable, Allowance for Credit Loss [Line Items]
Allowance for credit losses, Total			0
Total loans receivable			0
Commercial Loans \| Commercial real estate
Financing Receivable, Allowance for Credit Loss [Line Items]
Allowance for loan losses, Loans individually evaluated for impairment	456		961
Allowance for loan losses, Loans collectively evaluated	12,826		10,731
Allowance for credit losses, Total	13,282		11,805
Total loans receivable, Loans individually evaluated for impairment	5,729		7,924
Total loans receivable, Loans collectively evaluated	1,136,547		1,039,160
Total loans receivable	1,142,276		1,052,906
Commercial Loans \| Commercial real estate \| Purchased Credit Impaired (PCI) Loans
Financing Receivable, Allowance for Credit Loss [Line Items]
Allowance for credit losses, Total			113
Total loans receivable			5,822
Commercial Loans \| Construction and development
Financing Receivable, Allowance for Credit Loss [Line Items]
Allowance for loan losses, Loans individually evaluated for impairment	0		5
Allowance for loan losses, Loans collectively evaluated	1,801		3,599
Allowance for credit losses, Total	1,801		3,608
Total loans receivable, Loans individually evaluated for impairment	80		299
Total loans receivable, Loans collectively evaluated	179,347		215,045
Total loans receivable	179,427		215,934
Commercial Loans \| Construction and development \| Purchased Credit Impaired (PCI) Loans
Financing Receivable, Allowance for Credit Loss [Line Items]
Allowance for credit losses, Total			4
Total loans receivable			590
Commercial Loans \| Commercial and industrial
Financing Receivable, Allowance for Credit Loss [Line Items]
Allowance for loan losses, Loans individually evaluated for impairment	9		31
Allowance for loan losses, Loans collectively evaluated	2,583		2,153
Allowance for credit losses, Total	2,592		2,199
Total loans receivable, Loans individually evaluated for impairment	760		852
Total loans receivable, Loans collectively evaluated	140,581		152,411
Total loans receivable	141,341		154,825
Commercial Loans \| Commercial and industrial \| Purchased Credit Impaired (PCI) Loans
Financing Receivable, Allowance for Credit Loss [Line Items]
Allowance for credit losses, Total			15
Total loans receivable			1,562
Commercial Loans \| Equipment finance
Financing Receivable, Allowance for Credit Loss [Line Items]
Allowance for loan losses, Loans individually evaluated for impairment	0		209
Allowance for loan losses, Loans collectively evaluated	6,537		2,598
Allowance for credit losses, Total	6,537		2,807
Total loans receivable, Loans individually evaluated for impairment	275		801
Total loans receivable, Loans collectively evaluated	317,645		228,438
Total loans receivable	317,920		229,239
Commercial Loans \| Equipment finance \| Purchased Credit Impaired (PCI) Loans
Financing Receivable, Allowance for Credit Loss [Line Items]
Allowance for credit losses, Total			0
Total loans receivable			0
Commercial Loans \| Municipal leases
Financing Receivable, Allowance for Credit Loss [Line Items]
Allowance for loan losses, Loans individually evaluated for impairment	0		0
Allowance for loan losses, Loans collectively evaluated	534		697
Allowance for credit losses, Total	534		697
Total loans receivable, Loans individually evaluated for impairment	0		0
Total loans receivable, Loans collectively evaluated	140,421		127,987
Total loans receivable	140,421		127,987
Commercial Loans \| Municipal leases \| Purchased Credit Impaired (PCI) Loans
Financing Receivable, Allowance for Credit Loss [Line Items]
Allowance for credit losses, Total			0
Total loans receivable			0
Commercial Loans \| PPP loans
Financing Receivable, Allowance for Credit Loss [Line Items]
Allowance for loan losses, Loans individually evaluated for impairment	0
Allowance for loan losses, Loans collectively evaluated	0
Allowance for credit losses, Total	0
Total loans receivable, Loans individually evaluated for impairment	0
Total loans receivable, Loans collectively evaluated	46,650
Total loans receivable	46,650		80,697
Retail Consumer Loans
Financing Receivable, Allowance for Credit Loss [Line Items]
Allowance for credit losses, Total	10,722	$ 6,956	6,956
Total loans receivable	765,232		907,342
Retail Consumer Loans \| One-to-four family
Financing Receivable, Allowance for Credit Loss [Line Items]
Allowance for loan losses, Loans individually evaluated for impairment	2		52
Allowance for loan losses, Loans collectively evaluated	5,407		2,400
Allowance for credit losses, Total	5,409		2,469
Total loans receivable, Loans individually evaluated for impairment	1,977		4,304
Total loans receivable, Loans collectively evaluated	404,572		464,916
Total loans receivable	406,549		473,693
Retail Consumer Loans \| One-to-four family \| Purchased Credit Impaired (PCI) Loans
Financing Receivable, Allowance for Credit Loss [Line Items]
Allowance for credit losses, Total			17
Total loans receivable			4,473
Retail Consumer Loans \| HELOCs - originated
Financing Receivable, Allowance for Credit Loss [Line Items]
Allowance for loan losses, Loans individually evaluated for impairment	0		0
Allowance for loan losses, Loans collectively evaluated	1,512		1,344
Allowance for credit losses, Total	1,512		1,344
Total loans receivable, Loans individually evaluated for impairment	0		0
Total loans receivable, Loans collectively evaluated	130,225		137,447
Total loans receivable	130,225		137,447
Retail Consumer Loans \| HELOCs - originated \| Purchased Credit Impaired (PCI) Loans
Financing Receivable, Allowance for Credit Loss [Line Items]
Allowance for credit losses, Total			0
Total loans receivable			0
Retail Consumer Loans \| HELOCs - purchased
Financing Receivable, Allowance for Credit Loss [Line Items]
Allowance for loan losses, Loans individually evaluated for impairment	0		0
Allowance for loan losses, Loans collectively evaluated	452		430
Allowance for credit losses, Total	452		430
Total loans receivable, Loans individually evaluated for impairment	0		0
Total loans receivable, Loans collectively evaluated	38,976		71,781
Total loans receivable	38,976		71,781
Retail Consumer Loans \| HELOCs - purchased \| Purchased Credit Impaired (PCI) Loans
Financing Receivable, Allowance for Credit Loss [Line Items]
Allowance for credit losses, Total			0
Total loans receivable			0
Retail Consumer Loans \| Construction and land/lots
Financing Receivable, Allowance for Credit Loss [Line Items]
Allowance for loan losses, Loans individually evaluated for impairment	0		0
Allowance for loan losses, Loans collectively evaluated	812		1,409
Allowance for credit losses, Total	812		1,442
Total loans receivable, Loans individually evaluated for impairment	0		296
Total loans receivable, Loans collectively evaluated	66,027		81,218
Total loans receivable	66,027		81,859
Retail Consumer Loans \| Construction and land/lots \| Purchased Credit Impaired (PCI) Loans
Financing Receivable, Allowance for Credit Loss [Line Items]
Allowance for credit losses, Total			33
Total loans receivable			345
Retail Consumer Loans \| Indirect auto finance
Financing Receivable, Allowance for Credit Loss [Line Items]
Allowance for loan losses, Loans individually evaluated for impairment	0		0
Allowance for loan losses, Loans collectively evaluated	2,367		1,136
Allowance for credit losses, Total	2,367		1,136
Total loans receivable, Loans individually evaluated for impairment	0		10
Total loans receivable, Loans collectively evaluated	115,093		132,293
Total loans receivable	115,093		132,303
Retail Consumer Loans \| Indirect auto finance \| Purchased Credit Impaired (PCI) Loans
Financing Receivable, Allowance for Credit Loss [Line Items]
Allowance for credit losses, Total			0
Total loans receivable			0
Retail Consumer Loans \| Consumer
Financing Receivable, Allowance for Credit Loss [Line Items]
Allowance for loan losses, Loans individually evaluated for impairment	0		0
Allowance for loan losses, Loans collectively evaluated	170		135
Allowance for credit losses, Total	170		135
Total loans receivable, Loans individually evaluated for impairment	0		0
Total loans receivable, Loans collectively evaluated	8,362		10,259
Total loans receivable	$ 8,362		10,259
Retail Consumer Loans \| Consumer \| Purchased Credit Impaired (PCI) Loans
Financing Receivable, Allowance for Credit Loss [Line Items]
Allowance for credit losses, Total			0
Total loans receivable			$ 0

Loans and Allowance for Credit Losses on Loans - Schedule of Impaired Loans and Related Allowance by Segment and Class (Details) $ in Thousands	Jun. 30, 2020 USD ($)
Financing Receivable, Impaired
Unpaid Principal Balance	$ 46,865
Recorded Investment With a Recorded Allowance	24,566
Recorded Investment With No Recorded Allowance	5,663
Total Recorded Investment	30,229
Related Recorded Allowance	1,708
Impaired loans not individually evaluated	15,743
Recorded allowance of impaired loans not individually evaluated	450
Commercial Loans \| Commercial real estate
Financing Receivable, Impaired
Unpaid Principal Balance	10,401
Recorded Investment With a Recorded Allowance	8,062
Recorded Investment With No Recorded Allowance	1,068
Total Recorded Investment	9,130
Related Recorded Allowance	976
Commercial Loans \| Construction and development
Financing Receivable, Impaired
Unpaid Principal Balance	1,785
Recorded Investment With a Recorded Allowance	818
Recorded Investment With No Recorded Allowance	80
Total Recorded Investment	898
Related Recorded Allowance	11
Commercial Loans \| Commercial and industrial
Financing Receivable, Impaired
Unpaid Principal Balance	9,782
Recorded Investment With a Recorded Allowance	1,058
Recorded Investment With No Recorded Allowance	26
Total Recorded Investment	1,084
Related Recorded Allowance	34
Commercial Loans \| Equipment finance
Financing Receivable, Impaired
Unpaid Principal Balance	2,631
Recorded Investment With a Recorded Allowance	303
Recorded Investment With No Recorded Allowance	498
Total Recorded Investment	801
Related Recorded Allowance	209
Retail Consumer Loans \| One-to-four family
Financing Receivable, Impaired
Unpaid Principal Balance	16,560
Recorded Investment With a Recorded Allowance	10,805
Recorded Investment With No Recorded Allowance	3,374
Total Recorded Investment	14,179
Related Recorded Allowance	412
Retail Consumer Loans \| HELOCs - originated
Financing Receivable, Impaired
Unpaid Principal Balance	2,087
Recorded Investment With a Recorded Allowance	1,585
Recorded Investment With No Recorded Allowance	53
Total Recorded Investment	1,638
Related Recorded Allowance	43
Retail Consumer Loans \| HELOCs - purchased
Financing Receivable, Impaired
Unpaid Principal Balance	662
Recorded Investment With a Recorded Allowance	662
Recorded Investment With No Recorded Allowance	0
Total Recorded Investment	662
Related Recorded Allowance	3
Retail Consumer Loans \| Construction and land/lots
Financing Receivable, Impaired
Unpaid Principal Balance	1,585
Recorded Investment With a Recorded Allowance	749
Recorded Investment With No Recorded Allowance	296
Total Recorded Investment	1,045
Related Recorded Allowance	13
Retail Consumer Loans \| Indirect auto finance
Financing Receivable, Impaired
Unpaid Principal Balance	1,075
Recorded Investment With a Recorded Allowance	486
Recorded Investment With No Recorded Allowance	241
Total Recorded Investment	727
Related Recorded Allowance	5
Retail Consumer Loans \| Consumer
Financing Receivable, Impaired
Unpaid Principal Balance	297
Recorded Investment With a Recorded Allowance	38
Recorded Investment With No Recorded Allowance	27
Total Recorded Investment	65
Related Recorded Allowance	$ 2

Loans and Allowance for Credit Losses on Loans - Schedule of Average Recorded Investment in Loans, Interest Income Recognized (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Financing Receivable, Impaired
Average Recorded Investment	$ 30,316	$ 29,098
Interest Income Recognized	1,625	2,033
Commercial Loans \| Commercial real estate
Financing Receivable, Impaired
Average Recorded Investment	8,661	5,026
Interest Income Recognized	336	466
Commercial Loans \| Construction and development
Financing Receivable, Impaired
Average Recorded Investment	1,218	1,779
Interest Income Recognized	54	65
Commercial Loans \| Commercial and industrial
Financing Receivable, Impaired
Average Recorded Investment	868	315
Interest Income Recognized	236	249
Commercial Loans \| Equipment finance
Financing Receivable, Impaired
Average Recorded Investment	652	192
Interest Income Recognized	29	37
Retail Consumer Loans \| One-to-four family
Financing Receivable, Impaired
Average Recorded Investment	14,796	17,319
Interest Income Recognized	687	950
Retail Consumer Loans \| HELOCs - originated
Financing Receivable, Impaired
Average Recorded Investment	1,698	1,005
Interest Income Recognized	99	63
Retail Consumer Loans \| HELOCs - purchased
Financing Receivable, Impaired
Average Recorded Investment	533	320
Interest Income Recognized	41	13
Retail Consumer Loans \| Construction and land/lots
Financing Receivable, Impaired
Average Recorded Investment	1,149	1,441
Interest Income Recognized	83	94
Retail Consumer Loans \| Indirect auto finance
Financing Receivable, Impaired
Average Recorded Investment	547	373
Interest Income Recognized	53	29
Retail Consumer Loans \| Consumer
Financing Receivable, Impaired
Average Recorded Investment	194	1,328
Interest Income Recognized	$ 7	$ 67

Loans and Allowance for Credit Losses on Loans - Schedule of Changes in Accretable Yield for Purchased Impaired Loans (Details) - Purchased Credit Impaired (PCI) Loans - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Changes in Accretable Yield [Roll Forward]
Accretable yield, beginning of period	$ 5,259	$ 5,734
Reclass from nonaccretable yield	458	576
Other changes, net	(316)	1,018
Interest income	(1,496)	(2,069)
Accretable yield, end of period	$ 3,905	$ 5,259

Loans and Allowance for Credit Losses on Loans - Schedule of Debt Restructurings on Financing Receivables (Details) $ in Thousands	12 Months Ended
	Jun. 30, 2021 USD ($) loan	Jun. 30, 2020 USD ($) loan	Jun. 30, 2019 USD ($) loan
Financing Receivable, Modifications
Number of loans \| loan	24,000	15	25
Pre-modification outstanding recorded investment	$ 5,190	$ 1,797	$ 1,669
Post-modification outstanding recorded investment	$ 4,135	$ 1,651	$ 1,640
Extended term
Financing Receivable, Modifications
Number of loans \| loan	2,000	3	3
Pre-modification outstanding recorded investment	$ 28	$ 896	$ 68
Post-modification outstanding recorded investment	$ 27	$ 887	$ 67
Other Troubled Debt Restructuring
Financing Receivable, Modifications
Number of loans \| loan	22,000	11	21
Pre-modification outstanding recorded investment	$ 5,162	$ 813	$ 1,516
Post-modification outstanding recorded investment	$ 4,108	$ 678	$ 1,489
Commercial Loans \| Below market interest rate \| Commercial real estate
Financing Receivable, Modifications
Number of loans \| loan	0	1
Pre-modification outstanding recorded investment	$ 0	$ 88
Post-modification outstanding recorded investment	$ 0	$ 86
Commercial Loans \| Extended term \| Commercial and industrial
Financing Receivable, Modifications
Number of loans \| loan	0	1
Pre-modification outstanding recorded investment	$ 0	$ 826
Post-modification outstanding recorded investment	$ 0	$ 826
Commercial Loans \| Other Troubled Debt Restructuring \| Commercial real estate
Financing Receivable, Modifications
Number of loans \| loan	1,000	1	3
Pre-modification outstanding recorded investment	$ 4,408	$ 30	$ 5,440
Post-modification outstanding recorded investment	$ 3,421	$ 21	$ 5,427
Commercial Loans \| Other Troubled Debt Restructuring \| Construction and development
Financing Receivable, Modifications
Number of loans \| loan	0	1	1
Pre-modification outstanding recorded investment	$ 0	$ 182	$ 182
Post-modification outstanding recorded investment	$ 0	$ 79	$ 182
Retail Consumer Loans \| Below market interest rate
Financing Receivable, Modifications
Number of loans \| loan	0	1	1
Pre-modification outstanding recorded investment	$ 0	$ 88	$ 85
Post-modification outstanding recorded investment	$ 0	$ 86	$ 84
Retail Consumer Loans \| Below market interest rate \| One-to-four family
Financing Receivable, Modifications
Number of loans \| loan	0	0	1
Pre-modification outstanding recorded investment	$ 0	$ 0	$ 85
Post-modification outstanding recorded investment	$ 0	$ 0	$ 84
Retail Consumer Loans \| Extended term \| One-to-four family
Financing Receivable, Modifications
Number of loans \| loan	0	2	1
Pre-modification outstanding recorded investment	$ 0	$ 70	$ 34
Post-modification outstanding recorded investment	$ 0	$ 61	$ 34
Retail Consumer Loans \| Extended term \| Indirect auto finance
Financing Receivable, Modifications
Number of loans \| loan	2,000	0	0
Pre-modification outstanding recorded investment	$ 28	$ 0	$ 0
Post-modification outstanding recorded investment	$ 27	$ 0	$ 0
Retail Consumer Loans \| Extended term \| Consumer
Financing Receivable, Modifications
Number of loans \| loan	0	0	2
Pre-modification outstanding recorded investment	$ 0	$ 0	$ 34
Post-modification outstanding recorded investment	$ 0	$ 0	$ 33
Retail Consumer Loans \| Other Troubled Debt Restructuring \| One-to-four family
Financing Receivable, Modifications
Number of loans \| loan	4,000	5	18
Pre-modification outstanding recorded investment	$ 269	$ 511	$ 1,452
Post-modification outstanding recorded investment	$ 256	$ 502	$ 1,433
Retail Consumer Loans \| Other Troubled Debt Restructuring \| Indirect auto finance
Financing Receivable, Modifications
Number of loans \| loan	13,000	3	1
Pre-modification outstanding recorded investment	$ 180	$ 63	$ 33
Post-modification outstanding recorded investment	$ 131	$ 49	$ 26
Retail Consumer Loans \| Other Troubled Debt Restructuring \| Consumer
Financing Receivable, Modifications
Number of loans \| loan	1,000	0	1
Pre-modification outstanding recorded investment	$ 27	$ 0	$ 2
Post-modification outstanding recorded investment	$ 13	$ 0	$ 2
Retail Consumer Loans \| Other Troubled Debt Restructuring \| HELOCs - originated
Financing Receivable, Modifications
Number of loans \| loan	2,000	1	0
Pre-modification outstanding recorded investment	$ 53	$ 27	$ 0
Post-modification outstanding recorded investment	$ 74	$ 27	$ 0
Retail Consumer Loans \| Other Troubled Debt Restructuring \| Construction and land/lots
Financing Receivable, Modifications
Number of loans \| loan	1,000	0	1
Pre-modification outstanding recorded investment	$ 225	$ 0	$ 29
Post-modification outstanding recorded investment	$ 213	$ 0	$ 28

Loans and Allowance for Credit Losses on Loans - Schedule of Troubled Debt Restructurings With Payment Default (Details) $ in Thousands	12 Months Ended
	Jun. 30, 2021 USD ($) loan	Jun. 30, 2020 USD ($) loan	Jun. 30, 2019 USD ($) loan
Financing Receivable, Modifications
Number of loans \| loan	1	1	2
Recorded investment \| $	$ 30	$ 79	$ 74
Commercial Loans \| Other Troubled Debt Restructuring \| Construction and development
Financing Receivable, Modifications
Number of loans \| loan	0	1
Recorded investment \| $	$ 0	$ 79
Retail Consumer Loans \| Other Troubled Debt Restructuring \| One-to-four family
Financing Receivable, Modifications
Number of loans \| loan	0	0	1
Recorded investment \| $	$ 0	$ 0	$ 72
Retail Consumer Loans \| Other Troubled Debt Restructuring \| Consumer
Financing Receivable, Modifications
Number of loans \| loan	0	0	1
Recorded investment \| $	$ 0	$ 0	$ 2
Indirect auto finance \| Other Troubled Debt Restructuring \| Indirect auto finance
Financing Receivable, Modifications
Number of loans \| loan	1	0	0
Recorded investment \| $	$ 30	$ 0	$ 0

Loans and Allowance for Credit Losses on Loans - Schedule of Payment Deferrals by Loan Type (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Mar. 31, 2021
Accounts, Notes, Loans and Financing Receivable
Payment Deferral	$ 551,331	$ 107
Percent of Total Loan Portfolio	20.50%	0.00%
Lodging
Accounts, Notes, Loans and Financing Receivable
Payment Deferral	$ 108,171	$ 0
Percent of Total Loan Portfolio	4.00%	0.00%
Other commercial real estate, construction and development, and commercial and industrial
Accounts, Notes, Loans and Financing Receivable
Payment Deferral	$ 367,443	$ 0
Percent of Total Loan Portfolio	13.70%	0.00%
Equipment finance
Accounts, Notes, Loans and Financing Receivable
Payment Deferral	$ 33,693	$ 0
Percent of Total Loan Portfolio	1.30%	0.00%
One-to-four family
Accounts, Notes, Loans and Financing Receivable
Payment Deferral	$ 36,821	$ 0
Percent of Total Loan Portfolio	1.40%	0.00%
Other consumer loans
Accounts, Notes, Loans and Financing Receivable
Payment Deferral	$ 5,203	$ 107
Percent of Total Loan Portfolio	0.20%	0.00%

Accrued Interest Receivable - Schedule of Accrued Interest Receivable (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Jun. 30, 2020
Receivables [Abstract]
Loans	$ 7,043	$ 11,360
Debt securities available for sale	754	710
Other	136	242
Total	$ 7,933	$ 12,312

Goodwill and Core Deposit Intangibles - Changes in Carrying Amount of Goodwill (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Goodwill [Line Items]
Goodwill	$ 25,638	$ 25,638
Core Deposits
Goodwill [Line Items]
Amortization expense related to core deposit intangibles in acquisitions	$ 735	$ 1,421	$ 2,029

Goodwill and Core Deposit Intangibles - Amortization expense related to core deposit intangibles (Details) $ in Thousands	Jun. 30, 2021 USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
2020	$ 250
2021	90
2022	3
2023	0
2024	0
Total	$ 343

Deposit Accounts - Schedule of Deposit Accounts (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Jun. 30, 2020
Deposits [Abstract]
Noninterest-bearing accounts	$ 636,414	$ 429,901
NOW accounts	644,958	582,299
Money market accounts	975,001	836,738
Savings accounts	226,391	197,676
Certificates of deposit	472,777	739,142
Deposits	$ 2,955,541	$ 2,785,756
Deposits, by Type [Line Items]
Weighted Average Interest Rates (as a percent)	0.19%	0.54%
Deposits received from executive officers and directors and their associates	$ 4,618	$ 4,307
Noninterest-bearing accounts	$ 636,414	$ 429,901
Noninterest-bearing accounts
Deposits, by Type [Line Items]
Weighted Average Interest Rates (as a percent)	0.00%	0.00%
NOW accounts
Deposits, by Type [Line Items]
Weighted Average Interest Rates (as a percent)	0.09%	0.10%
Money market accounts
Deposits, by Type [Line Items]
Weighted Average Interest Rates (as a percent)	0.15%	0.46%
Savings accounts
Deposits, by Type [Line Items]
Weighted Average Interest Rates (as a percent)	0.06%	0.07%
Certificates of deposit
Deposits, by Type [Line Items]
Weighted Average Interest Rates (as a percent)	0.74%	1.45%

Deposit Accounts - Schedule of Maturities of Certificates of Deposit (Details) $ in Thousands	Jun. 30, 2021 USD ($)
Deposits [Abstract]
2020	$ 392,869
2021	52,103
2022	16,086
2023	5,264
2024	6,455
Thereafter	0
Total	$ 472,777

Deposit Accounts - Certificates of Deposit With Balances of $100 Or Greater (Details) - USD ($)	Jun. 30, 2021	Jun. 30, 2020
Deposits [Abstract]
Certificates of deposit, minimum account balance	$ 250,000
Certificates of Deposit With Balances of $250 or Greater	75,447,000	$ 118,308,000
FDIC insured amount	$ 250,000

Deposit Accounts - Schedule of Interest Expense on Deposits (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Deposits [Abstract]
NOW accounts	$ 1,553	$ 1,627	$ 1,251
Money market accounts	1,699	6,910	5,102
Savings accounts	155	195	245
Certificates of deposit	5,963	14,105	9,159
Total	$ 9,370	$ 22,837	$ 15,757

Borrowings (Details) $ in Thousands	Jun. 30, 2021 USD ($) bank	Jun. 30, 2020 USD ($)
Balance
FHLB Advances	$ 115,000	$ 475,000
Weighted Average Rate
FHLB Advances	0.16%	1.39%
Amount available to borrow in additional FHLB advances	$ 289,411	$ 186,222,000
Number of unaffiliated banks \| bank	3
FRB \| Line of Credit
Weighted Average Rate
Unused line of credit	$ 92,913	$ 109,242
Unaffiliated Banks \| Line of Credit
Weighted Average Rate
Unused line of credit	$ 100,000
$100,000 Advance Due 7/14/2021
Weighted Average Rate
Federal home loan bank, advances, interest rate	0.15%
$15,000 Advance Due 7/816/2021
Weighted Average Rate
Federal home loan bank, advances, interest rate	0.19%
$100,000 Advance Due 7/14/2021 d
Balance
FHLB Advances	$ 100,000
$15,000 Advance Due 7/16/2021
Balance
FHLB Advances	$ 15,000

Leases - Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
Leases - Narrative (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Lessor, Lease, Description [Line Items]
Finance lease, liability	$ 1,804	$ 1,843
Lessee, operating lease, renewal term	15 years
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]	Other assets	Other assets
Operating Lease, Liability, Statement of Financial Position [Extensible List]	Other liabilities	Other liabilities
Finance lease, right-of-use asset	$ 2,052
Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]	Other assets	Other assets
Finance lease, liability	$ 1,804	$ 1,843
Finance Lease, Liability, Statement of Financial Position [Extensible List]	Other liabilities	Other liabilities
Finance lease, liability, interest expense	$ 95	$ 97
Lessee, finance lease, discount rate	5.18%
Leased asset	$ 25,932	21,595
Operating lease, residual value of leased asset	15,330	12,370
Operating lease income	5,601	3,356	$ 936
Lessor, operating lease, depreciation expense	5,864	2,394
Financing lease, interest income	2,444	1,595
Financing lease, lease receivables	$ 63,279	$ 44,927
Minimum
Lessor, Lease, Description [Line Items]
Lessor, operating lease, term of contract	1 year
Maximum
Lessor, Lease, Description [Line Items]
Lessor, operating lease, term of contract	5 years

Leases Leases - Supplemental Balance Sheet (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Jun. 30, 2020
Leases [Abstract]
ROU assets	$ 5,498	$ 4,601
Lease liabilities	$ 5,926	$ 4,590
Weighted-average remaining lease terms	9 years 5 months 26 days	5 years 7 days
Weighted-average discount rate	3.18%	2.97%

Leases Leases - Maturity of Schedule for Finance and Operating Leases (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Jun. 30, 2020
Operating Leases
2021	$ 1,405
2022	1,347
2023	876
2024	492
2025	371
Thereafter	2,375
Total of future minimum payments	6,866
Finance Leases
2021	134
2022	134
2023	145
2024	146
2025	146
Thereafter	1,702
Total minimum lease payments	2,407
Less: amount representing interest	(603)
Present value of net minimum lease payments	$ 1,804	$ 1,843

Leases Leases - Schedule of Lease Cost (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Leases [Abstract]
Operating lease cost (included in occupancy expense)	$ 1,818	$ 1,821
Sublease income (included in other, net noninterest income)	(223)	(242)
Total operating lease expense, net	$ 1,595	$ 1,579

Leases Leases - Supplemental Cash Flow Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Leases [Abstract]
New ROU assets - operating leases	$ 2,586	$ 5,296	$ 0
Transfer of land from premises and equipment to other assets due to the adoption of ASU 2016-02	0	2,052	$ 0
Cash paid for amounts included in the measurement of lease liabilities (operating leases)	2,036	2,142
Cash paid for amounts included in the measurement of lease liabilities (finance leases)	$ 134	$ 134

Leases Lease - Lessor, Fiscal Year Maturity (Details) $ in Thousands	Jun. 30, 2021 USD ($)
Operating Lease
2021	$ 1,684
2022	5,705
2023	3,890
2024	1,685
2025	449
Thereafter	127
Total of future minimum payments	13,540
Financing Lease
2021	18,597
2022	18,116
2023	15,126
2024	10,016
2025	5,869
Thereafter	2,599
Total minimum payments	70,323
Less: amount representing interest	(7,044)
Total	$ 63,279

Income Taxes - Schedule of Components of Income Tax Expense (Benefit) (Details) - USD ($) $ in Thousands	3 Months Ended												12 Months Ended
	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Current:
Federal													$ (340)	$ 80	$ 755
State													188	748	690
Total current expense (benefit)													(152)	828	1,445
Deferred:
Federal													3,374	5,184	5,404
State													199	12	267
Adjustment due to the Tax Act													0	0	(325)
Total deferred expense													3,573	5,196	5,346
Total income tax expense	$ (2,712)	$ 2,096	$ 2,592	$ 1,445	$ 964	$ 188	$ 2,476	$ 2,396	$ 2,107	$ 185	$ 2,287	$ 2,212	$ 3,421	$ 6,024	$ 6,791

Income Taxes - Schedule of Effective Income Tax Rate Reconciliation (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Income Tax Disclosure [Abstract]
Tax at federal income tax rate	$ 4,010	$ 6,049	$ 7,127
Tax at federal income tax rate, Rate (as a percent)	21.00%	21.00%	21.00%
Tax exempt income	$ (911)	$ (872)	$ (855)
Tax exempt income, Rate (as a percent)	(5.00%)	(3.00%)	(2.00%)
Change in valuation allowance for deferred tax assets, allocated to income tax expense	$ 0	$ 0	$ (325)
Change in valuation allowance for deferred tax assets, allocated to income tax expense, Rate (as a percent)	0.00%	0.00%	(1.00%)
State tax, net of federal benefit	$ 306	$ 600	$ 756
State tax, net of federal benefit, Rate (as a percent)	2.00%	2.00%	2.00%
Other	$ 16	$ 247	$ 88
Other, Rate (as a percent)	0.00%	1.00%	0.00%
Total	$ 3,421	$ 6,024	$ 6,791
Total, Rate (as a percent)	18.00%	21.00%	20.00%

Income Taxes - Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Jun. 30, 2020
Deferred tax assets:
Allowance for credit losses	$ 8,158	$ 6,456
Deferred compensation and post-retirement benefits	8,349	8,637
Impairments on real estate owned	110	198
Other than temporary impairment on investments	2,205	2,207
Net operating loss carryforward	4,489	4,513
Discount from business combination	2,474	2,192
Stock compensation plans	2,166	2,279
Other	1,412	1,274
Total gross deferred tax assets	29,363	27,756
Deferred tax (liabilities):
Depreciable basis of fixed assets	(6,555)	(6,017)
Deferred loan fees	(753)	(603)
FHLB stock, book basis in excess of tax	(89)	(89)
Unrealized gain on debt securities available for sale	(452)	(602)
Other	(4,613)	(4,111)
Total gross deferred tax liabilities	(12,462)	(11,422)
Net deferred tax assets	$ 16,901	$ 16,334

Income Taxes - Deferred Tax Asset and Liability Policy: Net Operating Loss Carryforwards Included in Deferred Tax Assets (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Jun. 30, 2020
Income Tax Disclosure [Abstract]
Net operating loss carry forwards	$ 21,377	$ 21,488
Recorded tax benefit	$ 4,489	$ 4,513

Income Taxes - Deferred Tax Asset and Liability Policy: Valuation Allowance for Deferred Tax Assets (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Jun. 30, 2020
Income Tax Disclosure [Abstract]
Amount in retained earnings for bad debt reserve with no deferred tax liability	$ 19,570	$ 19,570

Employee Benefit Plans - Narrative (Details) $ in Thousands	12 Months Ended
Employee Benefit Plans - Narrative (Details) $ in Thousands	Jun. 30, 2021 USD ($) hour	Jun. 30, 2020 USD ($)	Jun. 30, 2019 USD ($)
Retirement Benefits [Abstract]
Employee stock ownership plan, requisite service for eligibility \| hour	1,000
Employee stock ownership plan, period for eligibility	12 months
Employee stock ownership plan, minimum age for eligibility	21 years
Employer matching contribution, percent of match	50.00%
Employer matching contribution, percent of employees' gross pay	6.00%
Employee service period	6 years
Defined contribution plan, administrative expenses	$ 914	$ 782	$ 810
ESOP compensation expense	1,125	1,195	1,422
Executive Medical Care Plan (EMCP) expenses	263	260	$ 210
Executive Medical Care Plan (EMCP) accrued expenses	$ 5,444	$ 5,301

Employee Benefit Plans - Schedule of Shares Held by the Employee Stock Ownership Plan (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Jun. 30, 2020
Retirement Benefits [Abstract]
Unallocated ESOP shares (in shares)	581,900	634,800
Allocated ESOP shares (in shares)	449,650	370,300
ESOP shares committed to be released (in shares)	26,450	52,900
Total ESOP shares (in shares)	1,058,000	1,058,000
Fair value of unallocated ESOP shares	$ 16,235	$ 10,157

Deferred Compensation Agreements - Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Retirement Benefits [Abstract]
Director emeritus plans expenses	$ 392	$ 398	$ 410
Director Emeritus Plans accrued expenses included in other liabilities	7,576	7,895
Expense for Board of Director plans	18	21	28
Expense for Officer Plans	653	783	771
Expense included in other liabilities for officer plans	17,900	18,743
Deferred compensation plan for officers and directors expense	164	208	$ 223
Deferred compensation plan for officers and directors expense included in other liabilities	$ 4,617	$ 4,779

Deferred Compensation Agreements - Schedule of Net Cash Surrender Value Life Insurance Policies and Deferred Compensation Liability (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Jun. 30, 2020
Retirement Benefits [Abstract]
Net cash surrender value of life insurance, related to deferred compensation	$ 6,481	$ 7,463
Deferred compensation liability, included in other liabilities	$ 675	$ 771

Net Income per Share - Schedule of Earnings Per Share, Basic and Diluted (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended												12 Months Ended
	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Earnings Per Share [Abstract]
Net income	$ (7,408)	$ 7,869	$ 9,461	$ 5,753	$ 3,595	$ 1,193	$ 9,191	$ 8,804	$ 8,013	$ 3,302	$ 8,041	$ 7,790	$ 15,675	$ 22,783	$ 27,146
Allocation of earnings to participating securities													(145)	(194)	(189)
Numerator for basic EPS - Net income available to common stockholders													15,530	22,589	26,957
Effect of dilutive securities:
Dilutive effect to participating securities													4	6	7
Numerator for diluted EPS													$ 15,534	$ 22,595	$ 26,964
Denominator:
Weighted-average common shares outstanding - basic (in shares)													16,078,066	16,729,056	17,692,493
Effect of dilutive shares (in shares)													417,049	563,183	700,691
Weighted-average common shares outstanding - diluted (in shares)													16,495,115	17,292,239	18,393,184
Net income per share - basic (in dollars per share)													$ 0.96	$ 1.34	$ 1.52
Net income per share - diluted (in dollars per share)													$ 0.94	$ 1.30	$ 1.46

Net Income per Share - Narrative (Details) - shares	12 Months Ended
Net Income per Share - Narrative (Details) - shares	Jun. 30, 2021	Jun. 30, 2020
Earnings Per Share [Abstract]
Antidilutive securities excluded from computation of earnings per share (in shares)	529,850	511,800

Equity Incentive Plan - Narrative (Details) - USD ($)		12 Months Ended
Equity Incentive Plan - Narrative (Details) - USD ($)	Jun. 30, 2013	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity incentive plan name		2013 Omnibus Incentive Plan
Stock repurchase program, authorized amount						$ 13,297,000
Average cost per share repurchased (in dollars per share)						$ 15.71
Restricted stock and stock option expense		$ 2,102,000	$ 1,822,000	$ 1,601,000
Tax benefit from exercise of stock options and restricted stock		$ 494,000	$ 428,000	$ 376,000
Options outstanding (in shares)		244,750	317,500
2013 Omnibus Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity Incentive plan description		provides for awards of restricted stock, restricted stock units, stock options, stock appreciation rights, and cash awards to directors, emeritus directors, officers, employees, and advisory directors.
Shares authorized (in shares)		2,962,400
Shares authorized for stock options and stock appreciation rights (in shares)		2,116,000
Shares authorized for awards of restricted stock and restricted stock units (in shares)	846,400	846,400
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation expense		$ 1,258,000	$ 1,701,000
Options outstanding (in shares)		1,319,456	1,615,500	1,657,214	1,718,270
Unrecognized compensation cost, period for recognition		1 year 7 months 6 days	1 year 9 months 18 days
Share-based payment award, expiration period		10 years
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation expense		$ 2,811,000	$ 3,048,000
Granted (in shares)		58,547	67,556	34,000
Non-option equity instruments, outstanding (in shares)		151,575	144,046
Weighted average period for recognition of unrecognized compensation expense		1 year 8 months 12 days	1 year 9 months 18 days
Performance Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options/awards, vesting period		3 years
Granted (in shares)		30,780	11,250
Minimum \| Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options/awards, vesting period		5 years	5 years
Minimum \| Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options/awards, vesting period		3 years	3 years
Maximum \| Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options/awards, vesting period		5 years	5 years

Equity Incentive Plan - Stock Option Activity (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2018
Options
Options outstanding at beginning of period (in shares)	317,500
Options outstanding at end of period (in shares)	244,750	317,500
Weighted- average exercise price
Exercisable, weighted average exercise price (in dollars per share)			$ 15.39
Stock Options
Options
Options outstanding at beginning of period (in shares)	1,615,500	1,657,214	1,718,270
Granted (in shares)	49,750	66,000	40,500
Exercised (in shares)	318,894	106,914	80,311
Forfeited (in shares)	26,900	800	20,300
Expired (in shares)			945
Options outstanding at end of period (in shares)	1,319,456	1,615,500	1,657,214	1,718,270
Options Exercisable (in shares)	1,074,706	1,298,000	1,279,614
Options, Nonvested, Number of Shares	244,750
Weighted- average exercise price
Options outstanding weighted average exercise price at beginning of year (in dollars per share)	$ 18.12	$ 17.29	$ 17.29
Granted, Weighted average exercise price (in dollars per share)	23.44	25.46	27.51
Exercised, Weighted average exercise price (in dollars per share)	14.40	14.41	14.62
Forfeited, Weighted average exercise price (in dollars per share)	25.77	17.35	23.30
Expired, Weighted average exercise price (in dollars per share)			23.82
Options outstanding weighted average exercise price at end of year (in dollars per share)	19.07	18.12	$ 17.29	$ 17.29
Exercisable, weighted average exercise price (in dollars per share)	17.63	$ 16.27
Option, nonvested, weighted average exercise price (in dollars per share)	$ 25.37
Options outstanding, remaining contractual life	3 years 10 months 24 days	4 years 4 months 24 days	5 years	5 years 10 months 24 days
Weighted average remaining contractual term	3 years 1 month 6 days
Average remaining contractual life	7 years 6 months
Options outstanding, aggregate intrinsic value	$ 11,657	$ 1,711	$ 12,909	$ 18,664
Exercisable, intrinsic value	11,036
Options, nonvested, intrinsic value	$ 621

Equity Incentive Plan - Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions (Details) - $ / shares	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Share-based Payment Arrangement [Abstract]
Weighted-average volatility	28.32%	25.60%
Expected dividend yield	1.33%	1.05%
Risk-free interest rate	0.77%	1.43%
Expected life (years)	6 years 6 months	6 years 6 months
Weighted average grant date fair value (in dollars per share)	$ 5.61	$ 5.88

Equity Incentive Plan - Equity Incentive Plan Restricted Award Activity (Details) - Restricted Stock - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2018
Restricted stock awards
Non-vested at beginning of period (in shares)	144,046	123,800	133,410
Granted (in shares)	58,547	67,556	34,000
Vested (in shares)	45,296	38,925	39,310
Forfeited (in shares)	5,722	8,385	4,300
Non-vested at end of period (in shares)	151,575	144,046	123,800
Weighted- average grant date fair value
Non-vested at beginning of period (in dollars per share)	$ 25.89	$ 24.65	$ 22.85
Granted (in dollars per share)	23.10	26.39	27.51
Vested (in dollars per share)	25.17	23.02	21.64
Forfeited (in dollars per share)	25.02	24.88	19.08
Non-vested at end of period (in dollars per share)	$ 25.06	$ 25.89	$ 24.65
Aggregate Intrinsic Value	$ 4,229	$ 2,305	$ 2,258	$ 3,755

Commitments and Contingencies - Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Loss Contingencies [Line Items]
Undisbursed portions of construction loans	$ 277,600	$ 141,557
Loan commitments	123,463	57,798
Variable rate loan commitments	45,270	10,678
Fixed rate loan commitments	78,193	47,120
Pre-approved but unused lines of credit	530,505	398,781
Letters of credit outstanding	$ 8,681	$ 7,766
Minimum
Loss Contingencies [Line Items]
Fixed rate interest rate (as a percent)	2.50%	1.74%
Loan commitments terms	3 years
Maximum
Loss Contingencies [Line Items]
Fixed rate interest rate (as a percent)	8.36%	8.54%
Loan commitments terms	30 years

Capital - Narrative (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Jun. 30, 2020
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Stockholder's equity	$ 396,519	$ 408,263
Common Equity Tier I Capital, Capital Conservation Buffer to Risk-weighted Assets (as a percent)	2.50%
HomeTrust Bancshares, Inc.
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Stockholder's equity	$ 396,519	$ 408,263

- Definition

Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity.

+ References + Details

Capital - Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Jun. 30, 2020
Common Equity Tier I Capital
Common Equity Tier I Capital	$ 357,767	$ 362,841
Common Equity Tier I Capital (as a percent)	10.74%	10.91%
Common Equity Tier I Capital, Minimum for Capital Adequacy Purposes	$ 149,936	$ 149,608
Common Equity Tier I Capital, Minimum for Capital Adequacy Purposes (as a percent)	4.50%	4.50%
Common Equity Tier I Capital, Minimum for Be Well Capitalized	$ 216,575	$ 216,100
Common Equity Tier I Capital, Minimum to Be Well Capitalized (as a percent)	6.50%	6.50%
Tier 1 capital (to total adjusted assets)
Tier 1 Capital (to Total Adjusted Assets)	$ 357,767	$ 362,841
Tier 1 Capital (to Total Adjusted Assets) (as a percent)	0.0981	0.0994
Tier 1 Capital (to Total Adjusted Assets), Minimum for Capital Adequacy Purposes	$ 145,933	$ 146,010
Tier 1 Capital (to Total Adjusted Assets), Minimum for Capital Adequacy Purposes (as a percent)	0.0400	0.0400
Tier 1 Capital (to Total Adjusted Assets), Minimum to Be Well Capitalized	$ 182,417	$ 182,512
Tier 1 Capital (to Total Adjusted Assets), Minimum to Be Well Capitalized (as a percent)	0.0500	0.0500
Tier 1 capital (to risk-weighted assets)
Tier 1 Capital (to Risk-weighted Assets)	$ 357,767	$ 362,841
Tier 1 Capital (to Risk-weighted Assets) (as a percent)	0.1074	0.1091
Tier 1 Capital (to Risk-weighted Assets), Minimum for Capital Adequacy Purposes	$ 199,915	$ 199,477
Tier 1 Capital (to Risk-weighted Assets), Minimum for Capital Adequacy Purposes (as a percent)	0.0600	0.0600
Tier 1 Capital (to Risk-weighted Assets), Minimum to Be Well Capitalized	$ 266,553	$ 265,969
Tier I Capital (to Risk-weighted Assets), Minimum to Be Well Capitalized (as a percent)	0.0800	0.0800
Total risk-based capital (to risk-weighted assets)
Total Risk-based Capital (to Risk-weighted Assets)	$ 380,855	$ 391,368
Total Risk-based Capital (to Risk-weighted Assets) (as a percent)	0.1143	0.1177
Banking Regulation, Total Risk-Based Capital, Capital Adequacy, Minimum	$ 266,553	$ 265,969
Total Risk-based Capital (to Risk-weighted Assets), Minimum for Capital Adequacy Purposes	0.0343
Total Risk-based Capital (to Risk-weighted Assets), Minimum for Capital Adequacy Purposes (as a percent)	0.0800	0.0800
Total Risk-based Capital (to Risk-weighted Assets), Minimum to Be Well Capitalized	$ 333,192	$ 332,461
Total Risk-based Capital (to Risk-weighted Assets), Minimum to Be Well Capitalized (as a percent)	0.1000	0.1000
HomeTrust Bancshares, Inc.
Common Equity Tier I Capital
Common Equity Tier I Capital	$ 375,320	$ 374,437
Common Equity Tier I Capital (as a percent)	11.26%	11.26%
Common Equity Tier I Capital, Minimum for Capital Adequacy Purposes	$ 149,943	$ 149,614
Common Equity Tier I Capital, Minimum for Capital Adequacy Purposes (as a percent)	4.50%	4.50%
Common Equity Tier I Capital, Minimum for Be Well Capitalized	$ 216,584	$ 216,109
Common Equity Tier I Capital, Minimum to Be Well Capitalized (as a percent)	6.50%	6.50%
Tier 1 capital (to total adjusted assets)
Tier 1 Capital (to Total Adjusted Assets)	$ 375,320	$ 374,437
Tier 1 Capital (to Total Adjusted Assets) (as a percent)	0.1029	0.1026
Tier 1 Capital (to Total Adjusted Assets), Minimum for Capital Adequacy Purposes	$ 145,915	$ 146,047
Tier 1 Capital (to Total Adjusted Assets), Minimum for Capital Adequacy Purposes (as a percent)	0.0400	0.0400
Tier 1 Capital (to Total Adjusted Assets), Minimum to Be Well Capitalized	$ 182,393	$ 182,559
Tier 1 Capital (to Total Adjusted Assets), Minimum to Be Well Capitalized (as a percent)	0.0500	0.0500
Tier 1 capital (to risk-weighted assets)
Tier 1 Capital (to Risk-weighted Assets)	$ 375,320	$ 374,437
Tier 1 Capital (to Risk-weighted Assets) (as a percent)	0.1126	0.1126
Tier 1 Capital (to Risk-weighted Assets), Minimum for Capital Adequacy Purposes	$ 199,924	$ 199,485
Tier 1 Capital (to Risk-weighted Assets), Minimum for Capital Adequacy Purposes (as a percent)	0.0600	0.0600
Tier 1 Capital (to Risk-weighted Assets), Minimum to Be Well Capitalized	$ 266,565	$ 265,980
Tier I Capital (to Risk-weighted Assets), Minimum to Be Well Capitalized (as a percent)	0.0800	0.0800
Total risk-based capital (to risk-weighted assets)
Total Risk-based Capital (to Risk-weighted Assets)	$ 398,408	$ 402,964
Total Risk-based Capital (to Risk-weighted Assets) (as a percent)	0.1196	0.1212
Banking Regulation, Total Risk-Based Capital, Capital Adequacy, Minimum	$ 266,565	$ 265,980
Total Risk-based Capital (to Risk-weighted Assets), Minimum for Capital Adequacy Purposes	0.0396
Total Risk-based Capital (to Risk-weighted Assets), Minimum for Capital Adequacy Purposes (as a percent)	0.0800	0.0800
Total Risk-based Capital (to Risk-weighted Assets), Minimum to Be Well Capitalized	$ 333,206	$ 332,476
Total Risk-based Capital (to Risk-weighted Assets), Minimum to Be Well Capitalized (as a percent)	0.1000	0.1000

Capital - Reconciliation of the Bank's Total Equity Capital Under US GAAP and Regulatory Capital Amounts (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2018
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total stockholders' equity under US GAAP	$ 396,519	$ 408,263	$ 408,896	$ 409,242
Tier 1 Capital and CET1	357,767	362,841
Total risk-based capital	380,855	391,368
Cumulative-effect adjustment on the change in accounting for share-based payments
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total stockholders' equity under US GAAP		(13,358)
HomeTrust Bancshares, Inc.
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total stockholders' equity under US GAAP	396,519	408,263
Accumulated other comprehensive income, net of tax	(1,514)	(2,017)
Investment in nonincludable subsidiary	(862)	(815)
Disallowed deferred tax assets	(4,459)	(4,526)
Disallowed goodwill and other disallowed intangible assets	(25,902)	(26,468)
Stockholders' Equity, Reconciliation, Modified CECL Transition Adjustment	1,820
Tier 1 Capital and CET1	375,320	374,437
Allowable portion of allowance for credit losses and loan commitments	23,088	28,527
Total risk-based capital	398,408	$ 402,964
HomeTrust Bancshares, Inc. \| Cumulative-effect adjustment on the change in accounting for share-based payments
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total stockholders' equity under US GAAP	$ 13,358

Parent Company Financial Information - Condensed Balance Sheet (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Jun. 30, 2020
Assets
Cash and cash equivalents	$ 22,312	$ 31,908
Other assets	57,488	49,519
Total assets	3,524,723	3,722,852
Liabilities and stockholders’ equity
Other liabilities	57,663	53,833
Stockholders’ equity	396,519	408,263
Total liabilities and stockholders’ equity	3,524,723	3,722,852
Parent Company
Assets
Cash and cash equivalents	9,602	3,888
REO	143	143
Investment in bank subsidiary	378,966	396,667
ESOP loan receivable	6,665	6,918
Other assets	1,241	731
Total assets	396,617	408,347
Liabilities and stockholders’ equity
Other liabilities	98	84
Stockholders’ equity	396,519	408,263
Total liabilities and stockholders’ equity	$ 396,617	$ 408,347

Parent Company Financial Information - Condensed Income Statement (Details) - USD ($) $ in Thousands	3 Months Ended												12 Months Ended
	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Income:
Interest income	$ 28,806	$ 29,321	$ 30,157	$ 30,449	$ 31,074	$ 33,037	$ 35,896	$ 36,247	$ 35,820	$ 34,714	$ 34,400	$ 32,280	$ 118,733	$ 136,254	$ 137,214
Expense:
Loss on sale and impairment of REO													(65)	536	439
Recovery of loan losses	(955)	(4,100)	(3,030)	950	2,700	5,400	400	0	200	5,500	0	0
Income tax expense	(2,712)	2,096	2,592	1,445	964	188	2,476	2,396	2,107	185	2,287	2,212	3,421	6,024	6,791
Net income	$ (7,408)	$ 7,869	$ 9,461	$ 5,753	$ 3,595	$ 1,193	$ 9,191	$ 8,804	$ 8,013	$ 3,302	$ 8,041	$ 7,790	15,675	22,783	27,146
Parent Company
Income:
Interest income													158	217	329
Other income													0	1	54
Equity earnings in Bank subsidiary													16,246	23,522	27,287
Total income													16,404	23,740	27,670
Expense:
Management fee expense													474	399	407
REO expense													0	5	11
Loss on sale and impairment of REO													0	249	114
Recovery of loan losses													0	(4)	(259)
Other expense													255	258	251
Total expense													729	907	524
Income before income taxes													15,675	22,833	27,146
Income tax expense													0	50	0
Net income													$ 15,675	$ 22,783	$ 27,146

Parent Company Financial Information - Condensed Cash Flow Statement (Details) - USD ($) $ in Thousands	3 Months Ended												12 Months Ended
	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Operating activities:
Net income	$ (7,408)	$ 7,869	$ 9,461	$ 5,753	$ 3,595	$ 1,193	$ 9,191	$ 8,804	$ 8,013	$ 3,302	$ 8,041	$ 7,790	$ 15,675	$ 22,783	$ 27,146
Recovery of loan losses	(955)	$ (4,100)	$ (3,030)	950	2,700	$ 5,400	$ 400	0	200	$ 5,500	$ 0	0
Loss on sale and impairment of REO													(65)	536	439
ESOP compensation expense													1,125	1,195	1,422
Net cash provided by (used in) operating activities													2,756	(42,060)	7,628
Investing activities:
Maturities of certificates of deposit in other banks													22,888	29,265	33,086
Proceeds from sale of REO													449	2,102	1,047
Net cash provided by (used in) investing activities													156,302	(124,935)	(150,489)
Financing activities:
Cash dividends paid													(5,018)	(4,552)	(3,176)
Retired stock													(204)	(222)	(205)
Exercised stock options													4,592	1,541	1,173
Net cash provided by (used in) financing activities													(229,690)	217,574	143,158
Net increase (decrease) in cash and cash equivalents													(70,632)	50,579	297
Cash and cash equivalents at beginning of period				121,622				71,043				70,746	121,622	71,043	70,746
Cash and cash equivalents at end of period	50,990				121,622				71,043				50,990	121,622	71,043
Parent Company
Operating activities:
Net income													15,675	22,783	27,146
Recovery of loan losses													0	(4)	(259)
Loss on sale and impairment of REO													0	249	114
Decrease (increase) in other assets													(435)	(221)	52
Equity in undistributed income of Bank													(16,246)	(23,522)	(27,287)
ESOP compensation expense													1,125	1,195	1,422
Restricted stock and stock option expense													2,102	1,822	1,601
Increase in other liabilities													(61)	45	0
Net cash provided by (used in) operating activities													2,160	2,347	2,789
Investing activities:
Maturities of certificates of deposit in other banks													0	746	248
Repayment of loans													0	1,243	2,796
Increase in investment in Bank subsidiary													(1,330)	(1,380)	(1,556)
Dividend from subsidiary													21,416	19,445	13,454
ESOP principal payments received													253	494	484
Proceeds from sale of REO													0	229	70
Net cash provided by (used in) investing activities													20,339	20,777	15,496
Financing activities:
Common stock repurchased													(16,155)	(24,484)	(30,638)
Cash dividends paid													(5,018)	(4,552)	(3,176)
Retired stock													(204)	(222)	(205)
Exercised stock options													4,592	1,541	1,173
Net cash provided by (used in) financing activities													(16,785)	(27,717)	(32,846)
Net increase (decrease) in cash and cash equivalents													5,714	(4,593)	(14,561)
Cash and cash equivalents at beginning of period				$ 3,888				$ 8,481				$ 23,042	3,888	8,481	23,042
Cash and cash equivalents at end of period	$ 9,602				$ 3,888				$ 8,481				$ 9,602	$ 3,888	$ 8,481

Fair Value of Financial Instruments - Schedule of Fair Value Measurements, Nonrecurring (Details) - Nonrecurring Measurements - USD ($) $ in Thousands	Jun. 30, 2021	Jun. 30, 2020
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value		$ 9,265
Impaired loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value	$ 8,354	9,168
REO
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value		97
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value		0
Level 1 \| Impaired loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value	0	0
Level 1 \| REO
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value		0
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value		0
Level 2 \| Impaired loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value	0	0
Level 2 \| REO
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value		0
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value		9,265
Level 3 \| Impaired loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value	$ 8,354	9,168
Level 3 \| REO
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value		$ 97

Fair Value of Financial Instruments - Schedule of Quantitative Information About Level 3 Fair Value Measurements (Details) - Nonrecurring Measurements - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Fair Value Inputs, Assets, Quantitative Information [Line Items] (Deprecated 2018-01-31)
Assets, fair value		$ 9,265
Impaired loans, net
Fair Value Inputs, Assets, Quantitative Information [Line Items] (Deprecated 2018-01-31)
Assets, fair value	$ 8,354	$ 9,168
Weighted Average	6.00%	27.00%
REO
Fair Value Inputs, Assets, Quantitative Information [Line Items] (Deprecated 2018-01-31)
Assets, fair value		$ 97
Weighted Average		8.00%
Minimum \| Impaired loans, net
Fair Value Inputs, Assets, Quantitative Information [Line Items] (Deprecated 2018-01-31)
Weighted Average	0.00%	0.00%
Maximum \| Impaired loans, net
Fair Value Inputs, Assets, Quantitative Information [Line Items] (Deprecated 2018-01-31)
Weighted Average	52.00%	63.00%
Valuation Technique, Discounted Cash Flow \| Minimum \| Impaired loans, net
Fair Value Inputs, Assets, Quantitative Information [Line Items] (Deprecated 2018-01-31)
Weighted Average	0.00%	2.00%
Valuation Technique, Discounted Cash Flow \| Maximum \| Impaired loans, net
Fair Value Inputs, Assets, Quantitative Information [Line Items] (Deprecated 2018-01-31)
Weighted Average	7.00%	3.00%

Fair Value of Financial Instruments - Narrative (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Jun. 30, 2020
Fair Value Disclosures [Abstract]
Off-balance sheet financial commitments	$ 931,568	$ 598,136

Revenue (Details) - USD ($) $ in Thousands	3 Months Ended												12 Months Ended
Revenue (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Disaggregation of Revenue [Line Items]
Noninterest income (in-scope of ASC 606)													$ 10,374	$ 10,574	$ 11,130
Noninterest income (out-of-scope of ASC 606)													29,447	19,758	11,810
Total noninterest income	$ 11,160	$ 10,678	$ 9,344	$ 8,639	$ 7,223	$ 6,375	$ 9,074	$ 7,660	$ 6,846	$ 5,396	$ 5,085	$ 5,613	39,821	30,332	22,940
Service Charges on Deposit Accounts
Disaggregation of Revenue [Line Items]
Noninterest income (in-scope of ASC 606)													2,785	3,772	3,978
Fees, Interchange, and Other Service Charges
Disaggregation of Revenue [Line Items]
Noninterest income (in-scope of ASC 606)													7,013	6,332	6,377
Other Revenues
Disaggregation of Revenue [Line Items]
Noninterest income (in-scope of ASC 606)													$ 576	$ 470	$ 775

- Definition

Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 40
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9031-108599

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9038-108599

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 4
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130543-203045

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 42
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9054-108599

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130545-203045

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 924
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SAB Topic 11.L)
-URI http://asc.fasb.org/extlink&oid=6472922&loc=d3e499488-122856

+ Details

Unaudited Interim Financial Information - Schedule of Quarterly Financial Information (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended												12 Months Ended
	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Quarterly Financial Information Disclosure [Abstract]
Interest and dividend income	$ 28,806	$ 29,321	$ 30,157	$ 30,449	$ 31,074	$ 33,037	$ 35,896	$ 36,247	$ 35,820	$ 34,714	$ 34,400	$ 32,280	$ 118,733	$ 136,254	$ 137,214
Interest expense	2,808	3,628	4,035	4,940	6,386	7,728	8,862	9,174	8,931	8,145	7,299	6,008	15,411	32,150	30,383
Net interest income	25,998	25,693	26,122	25,509	24,688	25,309	27,034	27,073	26,889	26,569	27,101	26,272	103,322	104,104	106,831
Provision (benefit) for credit losses	(955)	(4,100)	(3,030)	950	2,700	5,400	400	0	200	5,500	0	0
Net interest income after provision (benefit) for credit losses	26,953	29,793	29,152	24,559	21,988	19,909	26,634	27,073	26,689	21,069	27,101	26,272
Noninterest income	11,160	10,678	9,344	8,639	7,223	6,375	9,074	7,660	6,846	5,396	5,085	5,613	39,821	30,332	22,940
Noninterest expense	48,233	30,506	26,443	26,000	24,652	24,903	24,041	23,533	23,415	22,978	21,858	21,883	131,182	97,129	90,134
Income before income taxes	(10,120)	9,965	12,053	7,198	4,559	1,381	11,667	11,200	10,120	3,487	10,328	10,002
Income tax expense	(2,712)	2,096	2,592	1,445	964	188	2,476	2,396	2,107	185	2,287	2,212	3,421	6,024	6,791
Net income	$ (7,408)	$ 7,869	$ 9,461	$ 5,753	$ 3,595	$ 1,193	$ 9,191	$ 8,804	$ 8,013	$ 3,302	$ 8,041	$ 7,790	$ 15,675	$ 22,783	$ 27,146
Basic net income per common share (in dollars per share)	$ (0.46)	$ 0.49	$ 0.58	$ 0.35	$ 0.22	$ 0.07	$ 0.54	$ 0.51	$ 0.45	$ 0.19	$ 0.45	$ 0.43
Diluted net income per common share (in dollars per share)	$ (0.46)	$ 0.48	$ 0.57	$ 0.35	$ 0.22	$ 0.07	$ 0.52	$ 0.49	$ 0.44	$ 0.18	$ 0.43	$ 0.41

Loans and Allowance for Credit Losses on Loans - Financing Receivable Credit Quality Indicators, After Adoption of ASU 2016-13 (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Jun. 30, 2020
Financing Receivable, Recorded Investment
Total loans, net of deferred loan fees and costs	$ 2,733,267	$ 2,769,119
Commercial Loans
Financing Receivable, Recorded Investment
2021	483,459
2020	339,182
2019	240,106
2018	215,357
2017	192,583
Prior	293,689
Revolving	203,659
Total loans, net of deferred loan fees and costs	1,968,035
Commercial Loans \| Small Business Administration (SBA), CARES Act, Paycheck Protection Program
Financing Receivable, Recorded Investment
2021	29,667
2020	16,983
2019	0
2018	0
2017	0
Prior	0
Revolving	0
Total loans, net of deferred loan fees and costs	46,650
Commercial Loans \| Pass
Financing Receivable, Recorded Investment
2021	483,428
2020	339,128
2019	238,765
2018	197,666
2017	186,302
Prior	285,720
Revolving	194,568
Total loans, net of deferred loan fees and costs	1,925,577
Commercial Loans \| Pass \| Small Business Administration (SBA), CARES Act, Paycheck Protection Program
Financing Receivable, Recorded Investment
2021	29,667
2020	16,983
2019	0
2018	0
2017	0
Prior	0
Revolving	0
Total loans, net of deferred loan fees and costs	46,650
Commercial Loans \| Special mention
Financing Receivable, Recorded Investment
2021	0
2020	21
2019	438
2018	17,061
2017	1,288
Prior	3,760
Revolving	3,864
Total loans, net of deferred loan fees and costs	26,432
Commercial Loans \| Special mention \| Small Business Administration (SBA), CARES Act, Paycheck Protection Program
Financing Receivable, Recorded Investment
2021	0
2020	0
2019	0
2018	0
2017	0
Prior	0
Revolving	0
Total loans, net of deferred loan fees and costs	0
Commercial Loans \| Substandard
Financing Receivable, Recorded Investment
2021	31
2020	33
2019	623
2018	630
2017	4,993
Prior	4,207
Revolving	5,227
Total loans, net of deferred loan fees and costs	15,744
Commercial Loans \| Substandard \| Small Business Administration (SBA), CARES Act, Paycheck Protection Program
Financing Receivable, Recorded Investment
2021	0
2020	0
2019	0
2018	0
2017	0
Prior	0
Revolving	0
Total loans, net of deferred loan fees and costs	0
Commercial Loans \| Doubtful
Financing Receivable, Recorded Investment
2021	0
2020	0
2019	280
2018	0
2017	0
Prior	0
Revolving	0
Total loans, net of deferred loan fees and costs	280
Commercial Loans \| Doubtful \| Small Business Administration (SBA), CARES Act, Paycheck Protection Program
Financing Receivable, Recorded Investment
2021	0
2020	0
2019	0
2018	0
2017	0
Prior	0
Revolving	0
Total loans, net of deferred loan fees and costs	0
Commercial Loans \| Loss
Financing Receivable, Recorded Investment
2021	0
2020	0
2019	0
2018	0
2017	0
Prior	2
Revolving	0
Total loans, net of deferred loan fees and costs	2
Commercial Loans \| Loss \| Small Business Administration (SBA), CARES Act, Paycheck Protection Program
Financing Receivable, Recorded Investment
2021	0
2020	0
2019	0
2018	0
2017	0
Prior	0
Revolving	0
Total loans, net of deferred loan fees and costs	0
Commercial Loans \| Commercial real estate
Financing Receivable, Recorded Investment
2021	227,850
2020	177,691
2019	142,407
2018	175,728
2017	164,774
Prior	227,568
Revolving	26,258
Total loans, net of deferred loan fees and costs	1,142,276
Commercial Loans \| Commercial real estate \| Pass
Financing Receivable, Recorded Investment
2021	227,850
2020	177,691
2019	142,407
2018	158,147
2017	158,525
Prior	220,834
Revolving	25,860
Total loans, net of deferred loan fees and costs	1,111,314
Commercial Loans \| Commercial real estate \| Special mention
Financing Receivable, Recorded Investment
2021	0
2020	0
2019	0
2018	16,951
2017	1,256
Prior	3,092
Revolving	0
Total loans, net of deferred loan fees and costs	21,299
Commercial Loans \| Commercial real estate \| Substandard
Financing Receivable, Recorded Investment
2021	0
2020	0
2019	0
2018	630
2017	4,993
Prior	3,642
Revolving	398
Total loans, net of deferred loan fees and costs	9,663
Commercial Loans \| Commercial real estate \| Doubtful
Financing Receivable, Recorded Investment
2021	0
2020	0
2019	0
2018	0
2017	0
Prior	0
Revolving	0
Total loans, net of deferred loan fees and costs	0
Commercial Loans \| Commercial real estate \| Loss
Financing Receivable, Recorded Investment
2021	0
2020	0
2019	0
2018	0
2017	0
Prior	0
Revolving	0
Total loans, net of deferred loan fees and costs	0
Commercial Loans \| Construction and development
Financing Receivable, Recorded Investment
2021	18,262
2020	6,523
2019	10,349
2018	6,008
2017	2,693
Prior	7,922
Revolving	127,670
Total loans, net of deferred loan fees and costs	179,427
Commercial Loans \| Construction and development \| Pass
Financing Receivable, Recorded Investment
2021	18,262
2020	6,523
2019	10,349
2018	6,008
2017	2,693
Prior	7,153
Revolving	123,843
Total loans, net of deferred loan fees and costs	174,831
Commercial Loans \| Construction and development \| Special mention
Financing Receivable, Recorded Investment
2021	0
2020	0
2019	0
2018	0
2017	0
Prior	286
Revolving	3,827
Total loans, net of deferred loan fees and costs	4,113
Commercial Loans \| Construction and development \| Substandard
Financing Receivable, Recorded Investment
2021	0
2020	0
2019	0
2018	0
2017	0
Prior	482
Revolving	0
Total loans, net of deferred loan fees and costs	482
Commercial Loans \| Construction and development \| Doubtful
Financing Receivable, Recorded Investment
2021	0
2020	0
2019	0
2018	0
2017	0
Prior	0
Revolving	0
Total loans, net of deferred loan fees and costs	0
Commercial Loans \| Construction and development \| Loss
Financing Receivable, Recorded Investment
2021	0
2020	0
2019	0
2018	0
2017	0
Prior	1
Revolving	0
Total loans, net of deferred loan fees and costs	1
Commercial Loans \| Commercial and industrial
Financing Receivable, Recorded Investment
2021	29,637
2020	14,064
2019	19,564
2018	10,869
2017	15,378
Prior	10,798
Revolving	41,031
Total loans, net of deferred loan fees and costs	141,341
Commercial Loans \| Commercial and industrial \| Pass
Financing Receivable, Recorded Investment
2021	29,606
2020	14,010
2019	18,826
2018	10,759
2017	15,346
Prior	10,589
Revolving	36,165
Total loans, net of deferred loan fees and costs	135,301
Commercial Loans \| Commercial and industrial \| Special mention
Financing Receivable, Recorded Investment
2021	0
2020	21
2019	438
2018	110
2017	32
Prior	125
Revolving	37
Total loans, net of deferred loan fees and costs	763
Commercial Loans \| Commercial and industrial \| Substandard
Financing Receivable, Recorded Investment
2021	31
2020	33
2019	300
2018	0
2017	0
Prior	83
Revolving	4,829
Total loans, net of deferred loan fees and costs	5,276
Commercial Loans \| Commercial and industrial \| Doubtful
Financing Receivable, Recorded Investment
2021	0
2020	0
2019	0
2018	0
2017	0
Prior	0
Revolving	0
Total loans, net of deferred loan fees and costs	0
Commercial Loans \| Commercial and industrial \| Loss
Financing Receivable, Recorded Investment
2021	0
2020	0
2019	0
2018	0
2017	0
Prior	1
Revolving	0
Total loans, net of deferred loan fees and costs	1
Commercial Loans \| Equipment finance
Financing Receivable, Recorded Investment
2021	154,685
2020	104,681
2019	53,781
2018	4,773
2017	0
Prior	0
Revolving	0
Total loans, net of deferred loan fees and costs	317,920
Commercial Loans \| Equipment finance \| Pass
Financing Receivable, Recorded Investment
2021	154,685
2020	104,681
2019	53,178
2018	4,773
2017	0
Prior	0
Revolving	0
Total loans, net of deferred loan fees and costs	317,317
Commercial Loans \| Equipment finance \| Special mention
Financing Receivable, Recorded Investment
2021	0
2020	0
2019
2018	0
2017	0
Prior	0
Revolving	0
Total loans, net of deferred loan fees and costs	0
Commercial Loans \| Equipment finance \| Substandard
Financing Receivable, Recorded Investment
2021	0
2020	0
2019	323
2018	0
2017	0
Prior	0
Revolving	0
Total loans, net of deferred loan fees and costs	323
Commercial Loans \| Equipment finance \| Doubtful
Financing Receivable, Recorded Investment
2021	0
2020	0
2019	280
2018	0
2017	0
Prior	0
Revolving	0
Total loans, net of deferred loan fees and costs	280
Commercial Loans \| Equipment finance \| Loss
Financing Receivable, Recorded Investment
2021	0
2020	0
2019	0
2018	0
2017	0
Prior	0
Revolving	0
Total loans, net of deferred loan fees and costs	0
Commercial Loans \| Municipal leases
Financing Receivable, Recorded Investment
2021	23,358
2020	19,240
2019	14,005
2018	17,979
2017	9,738
Prior	47,401
Revolving	8,700
Total loans, net of deferred loan fees and costs	140,421
Commercial Loans \| Municipal leases \| Pass
Financing Receivable, Recorded Investment
2021	23,358
2020	19,240
2019	14,005
2018	17,979
2017	9,738
Prior	47,144
Revolving	8,700
Total loans, net of deferred loan fees and costs	140,164
Commercial Loans \| Municipal leases \| Special mention
Financing Receivable, Recorded Investment
2021	0
2020	0
2019	0
2018	0
2017	0
Prior	257
Revolving	0
Total loans, net of deferred loan fees and costs	257
Commercial Loans \| Municipal leases \| Substandard
Financing Receivable, Recorded Investment
2021	0
2020	0
2019	0
2018	0
2017	0
Prior	0
Revolving	0
Total loans, net of deferred loan fees and costs	0
Commercial Loans \| Municipal leases \| Doubtful
Financing Receivable, Recorded Investment
2021	0
2020	0
2019	0
2018	0
2017	0
Prior	0
Revolving	0
Total loans, net of deferred loan fees and costs	0
Commercial Loans \| Municipal leases \| Loss
Financing Receivable, Recorded Investment
2021
2020	0
2019	0
2018	0
2017	0
Prior	0
Revolving	0
Total loans, net of deferred loan fees and costs	0
Retail Consumer Loans
Financing Receivable, Recorded Investment
2021	123,483
2020	95,138
2019	72,411
2018	61,349
2017	46,026
Prior	166,785
Revolving	200,040
Total loans, net of deferred loan fees and costs	765,232
Retail Consumer Loans \| Pass
Financing Receivable, Recorded Investment
2021	123,206
2020	93,738
2019	72,037
2018	60,739
2017	45,728
Prior	158,710
Revolving	199,471
Total loans, net of deferred loan fees and costs	753,629
Retail Consumer Loans \| Special mention
Financing Receivable, Recorded Investment
2021	0
2020	0
2019	0
2018	14
2017	27
Prior	1,096
Revolving	0
Total loans, net of deferred loan fees and costs	1,137
Retail Consumer Loans \| Substandard
Financing Receivable, Recorded Investment
2021	275
2020	1,399
2019	373
2018	596
2017	271
Prior	6,473
Revolving	569
Total loans, net of deferred loan fees and costs	9,956
Retail Consumer Loans \| Doubtful
Financing Receivable, Recorded Investment
2021	0
2020	0
2019	0
2018	0
2017	0
Prior	191
Revolving	0
Total loans, net of deferred loan fees and costs	191
Retail Consumer Loans \| Loss
Financing Receivable, Recorded Investment
2021	2
2020	1
2019	1
2018	0
2017	0
Prior	315
Revolving	0
Total loans, net of deferred loan fees and costs	319
Retail Consumer Loans \| One-to-four family
Financing Receivable, Recorded Investment
2021	72,969
2020	53,968
2019	46,958
2018	40,677
2017	37,474
Prior	150,158
Revolving	4,345
Total loans, net of deferred loan fees and costs	406,549
Retail Consumer Loans \| One-to-four family \| Pass
Financing Receivable, Recorded Investment
2021	72,723
2020	52,987
2019	46,958
2018	40,461
2017	37,361
Prior	143,531
Revolving	4,345
Total loans, net of deferred loan fees and costs	398,366
Retail Consumer Loans \| One-to-four family \| Special mention
Financing Receivable, Recorded Investment
2021	0
2020	0
2019	0
2018	0
2017	27
Prior	1,084
Revolving	0
Total loans, net of deferred loan fees and costs	1,111
Retail Consumer Loans \| One-to-four family \| Substandard
Financing Receivable, Recorded Investment
2021	246
2020	981
2019	0
2018	216
2017	86
Prior	5,037
Revolving	0
Total loans, net of deferred loan fees and costs	6,566
Retail Consumer Loans \| One-to-four family \| Doubtful
Financing Receivable, Recorded Investment
2021	0
2020	0
2019	0
2018	0
2017	0
Prior	191
Revolving	0
Total loans, net of deferred loan fees and costs	191
Retail Consumer Loans \| One-to-four family \| Loss
Financing Receivable, Recorded Investment
2021	0
2020	0
2019	0
2018	0
2017	0
Prior	315
Revolving	0
Total loans, net of deferred loan fees and costs	315
Retail Consumer Loans \| HELOCs - originated
Financing Receivable, Recorded Investment
2021	2,767
2020	465
2019	1,453
2018	217
2017	754
Prior	10,416
Revolving	114,153
Total loans, net of deferred loan fees and costs	130,225
Retail Consumer Loans \| HELOCs - originated \| Pass
Financing Receivable, Recorded Investment
2021	2,767
2020	465
2019	1,294
2018	217
2017	716
Prior	9,469
Revolving	114,048
Total loans, net of deferred loan fees and costs	128,976
Retail Consumer Loans \| HELOCs - originated \| Special mention
Financing Receivable, Recorded Investment
2021	0
2020	0
2019	0
2018	0
2017	0
Prior	12
Revolving	0
Total loans, net of deferred loan fees and costs	12
Retail Consumer Loans \| HELOCs - originated \| Substandard
Financing Receivable, Recorded Investment
2021	0
2020	0
2019	159
2018	0
2017	38
Prior	935
Revolving	105
Total loans, net of deferred loan fees and costs	1,237
Retail Consumer Loans \| HELOCs - originated \| Doubtful
Financing Receivable, Recorded Investment
2021	0
2020	0
2019	0
2018	0
2017	0
Prior	0
Revolving	0
Total loans, net of deferred loan fees and costs	0
Retail Consumer Loans \| HELOCs - originated \| Loss
Financing Receivable, Recorded Investment
2021	0
2020	0
2019	0
2018	0
2017	0
Prior	0
Revolving	0
Total loans, net of deferred loan fees and costs	0
Retail Consumer Loans \| HELOCs - purchased
Financing Receivable, Recorded Investment
2021	0
2020	0
2019	0
2018	0
2017	0
Prior	0
Revolving	38,976
Total loans, net of deferred loan fees and costs	38,976
Retail Consumer Loans \| HELOCs - purchased \| Pass
Financing Receivable, Recorded Investment
2021	0
2020	0
2019	0
2018	0
2017	0
Prior	0
Revolving	38,523
Total loans, net of deferred loan fees and costs	38,523
Retail Consumer Loans \| HELOCs - purchased \| Special mention
Financing Receivable, Recorded Investment
2021	0
2020	0
2019	0
2018	0
2017	0
Prior	0
Revolving	0
Total loans, net of deferred loan fees and costs	0
Retail Consumer Loans \| HELOCs - purchased \| Substandard
Financing Receivable, Recorded Investment
2021	0
2020	0
2019	0
2018	0
2017	0
Prior	0
Revolving	453
Total loans, net of deferred loan fees and costs	453
Retail Consumer Loans \| HELOCs - purchased \| Doubtful
Financing Receivable, Recorded Investment
2021	0
2020	0
2019	0
2018	0
2017	0
Prior	0
Revolving	0
Total loans, net of deferred loan fees and costs	0
Retail Consumer Loans \| HELOCs - purchased \| Loss
Financing Receivable, Recorded Investment
2021	0
2020	0
2019	0
2018	0
2017	0
Prior	0
Revolving	0
Total loans, net of deferred loan fees and costs	0
Retail Consumer Loans \| Construction and land/lots
Financing Receivable, Recorded Investment
2021	4,244
2020	12,133
2019	2,357
2018	1,052
2017	0
Prior	3,974
Revolving	42,267
Total loans, net of deferred loan fees and costs	66,027
Retail Consumer Loans \| Construction and land/lots \| Pass
Financing Receivable, Recorded Investment
2021	4,244
2020	12,133
2019	2,357
2018	956
2017	0
Prior	3,558
Revolving	42,267
Total loans, net of deferred loan fees and costs	65,515
Retail Consumer Loans \| Construction and land/lots \| Special mention
Financing Receivable, Recorded Investment
2021	0
2020	0
2019	0
2018	0
2017	0
Prior	0
Revolving	0
Total loans, net of deferred loan fees and costs	0
Retail Consumer Loans \| Construction and land/lots \| Substandard
Financing Receivable, Recorded Investment
2021	0
2020	0
2019	0
2018	96
2017	0
Prior	416
Revolving	0
Total loans, net of deferred loan fees and costs	512
Retail Consumer Loans \| Construction and land/lots \| Doubtful
Financing Receivable, Recorded Investment
2021	0
2020	0
2019	0
2018	0
2017	0
Prior	0
Revolving	0
Total loans, net of deferred loan fees and costs	0
Retail Consumer Loans \| Construction and land/lots \| Loss
Financing Receivable, Recorded Investment
2021	0
2020	0
2019	0
2018	0
2017	0
Prior	0
Revolving	0
Total loans, net of deferred loan fees and costs	0
Retail Consumer Loans \| Indirect auto finance
Financing Receivable, Recorded Investment
2021	42,159
2020	27,549
2019	16,419
2018	19,126
2017	7,704
Prior	2,136
Revolving	0
Total loans, net of deferred loan fees and costs	115,093
Retail Consumer Loans \| Indirect auto finance \| Pass
Financing Receivable, Recorded Investment
2021	42,128
2020	27,134
2019	16,224
2018	18,853
2017	7,561
Prior	2,061
Revolving	0
Total loans, net of deferred loan fees and costs	113,961
Retail Consumer Loans \| Indirect auto finance \| Special mention
Financing Receivable, Recorded Investment
2021	0
2020	0
2019	0
2018	0
2017	0
Prior	0
Revolving	0
Total loans, net of deferred loan fees and costs	0
Retail Consumer Loans \| Indirect auto finance \| Substandard
Financing Receivable, Recorded Investment
2021	29
2020	415
2019	195
2018	273
2017	143
Prior	75
Revolving	0
Total loans, net of deferred loan fees and costs	1,130
Retail Consumer Loans \| Indirect auto finance \| Doubtful
Financing Receivable, Recorded Investment
2021	0
2020	0
2019	0
2018	0
2017	0
Prior	0
Revolving	0
Total loans, net of deferred loan fees and costs	0
Retail Consumer Loans \| Indirect auto finance \| Loss
Financing Receivable, Recorded Investment
2021	2
2020	0
2019	0
2018	0
2017	0
Prior	0
Revolving	0
Total loans, net of deferred loan fees and costs	2
Retail Consumer Loans \| Consumer
Financing Receivable, Recorded Investment
2021	1,344
2020	1,023
2019	5,224
2018	277
2017	94
Prior	101
Revolving	299
Total loans, net of deferred loan fees and costs	8,362
Retail Consumer Loans \| Consumer \| Pass
Financing Receivable, Recorded Investment
2021	1,344
2020	1,019
2019	5,204
2018	252
2017	90
Prior	91
Revolving	288
Total loans, net of deferred loan fees and costs	8,288
Retail Consumer Loans \| Consumer \| Special mention
Financing Receivable, Recorded Investment
2021	0
2020	0
2019	0
2018	14
2017	0
Prior	0
Revolving	0
Total loans, net of deferred loan fees and costs	14
Retail Consumer Loans \| Consumer \| Substandard
Financing Receivable, Recorded Investment
2021	0
2020	3
2019	19
2018	11
2017	4
Prior	10
Revolving	11
Total loans, net of deferred loan fees and costs	58
Retail Consumer Loans \| Consumer \| Doubtful
Financing Receivable, Recorded Investment
2021	0
2020	0
2019	0
2018	0
2017	0
Prior	0
Revolving	0
Total loans, net of deferred loan fees and costs	0
Retail Consumer Loans \| Consumer \| Loss
Financing Receivable, Recorded Investment
2021	0
2020	1
2019	1
2018	0
2017	0
Prior	0
Revolving	0
Total loans, net of deferred loan fees and costs	$ 2

Loans and Allowance for Credit Losses on Loans - Financing Receivable Credit Quality Indicators, Prior to Adoption of ASU 2016-13 (Details) $ in Thousands	Jun. 30, 2020 USD ($)
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	$ 2,756,138
PCI
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	12,792
Pass
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	2,694,017
Pass \| PCI
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	8,110
Special mention
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	33,803
Special mention \| PCI
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	2,207
Substandard
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	28,095
Substandard \| PCI
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	2,472
Doubtful
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	207
Doubtful \| PCI
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	0
Loss
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	16
Loss \| PCI
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	3
Commercial Loans \| Small Business Administration (SBA), CARES Act, Paycheck Protection Program
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	80,697
Commercial Loans \| Commercial real estate
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	1,047,084
Commercial Loans \| Commercial real estate \| PCI
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	5,822
Commercial Loans \| Construction and development
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	215,344
Commercial Loans \| Construction and development \| PCI
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	590
Commercial Loans \| Commercial and industrial
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	153,263
Commercial Loans \| Commercial and industrial \| PCI
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	1,562
Commercial Loans \| Equipment finance
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	229,239
Commercial Loans \| Municipal leases
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	127,987
Commercial Loans \| Pass \| Small Business Administration (SBA), CARES Act, Paycheck Protection Program
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	80,697
Commercial Loans \| Pass \| Commercial real estate
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	1,028,709
Commercial Loans \| Pass \| Commercial real estate \| PCI
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	3,181
Commercial Loans \| Pass \| Construction and development
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	212,370
Commercial Loans \| Pass \| Construction and development \| PCI
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	271
Commercial Loans \| Pass \| Commercial and industrial
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	130,202
Commercial Loans \| Pass \| Commercial and industrial \| PCI
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	1,556
Commercial Loans \| Pass \| Equipment finance
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	228,288
Commercial Loans \| Pass \| Municipal leases
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	127,706
Commercial Loans \| Special mention \| Small Business Administration (SBA), CARES Act, Paycheck Protection Program
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	0
Commercial Loans \| Special mention \| Commercial real estate
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	7,580
Commercial Loans \| Special mention \| Commercial real estate \| PCI
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	1,742
Commercial Loans \| Special mention \| Construction and development
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	2,723
Commercial Loans \| Special mention \| Construction and development \| PCI
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	0
Commercial Loans \| Special mention \| Commercial and industrial
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	20,439
Commercial Loans \| Special mention \| Commercial and industrial \| PCI
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	0
Commercial Loans \| Special mention \| Equipment finance
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	150
Commercial Loans \| Special mention \| Municipal leases
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	281
Commercial Loans \| Substandard \| Small Business Administration (SBA), CARES Act, Paycheck Protection Program
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	0
Commercial Loans \| Substandard \| Commercial real estate
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	10,779
Commercial Loans \| Substandard \| Commercial real estate \| PCI
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	899
Commercial Loans \| Substandard \| Construction and development
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	250
Commercial Loans \| Substandard \| Construction and development \| PCI
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	319
Commercial Loans \| Substandard \| Commercial and industrial
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	2,622
Commercial Loans \| Substandard \| Commercial and industrial \| PCI
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	3
Commercial Loans \| Substandard \| Equipment finance
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	801
Commercial Loans \| Substandard \| Municipal leases
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	0
Commercial Loans \| Doubtful \| Small Business Administration (SBA), CARES Act, Paycheck Protection Program
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	0
Commercial Loans \| Doubtful \| Commercial real estate
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	0
Commercial Loans \| Doubtful \| Commercial real estate \| PCI
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	0
Commercial Loans \| Doubtful \| Construction and development
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	1
Commercial Loans \| Doubtful \| Construction and development \| PCI
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	0
Commercial Loans \| Doubtful \| Commercial and industrial
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	0
Commercial Loans \| Doubtful \| Commercial and industrial \| PCI
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	0
Commercial Loans \| Doubtful \| Equipment finance
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	0
Commercial Loans \| Doubtful \| Municipal leases
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	0
Commercial Loans \| Loss \| Small Business Administration (SBA), CARES Act, Paycheck Protection Program
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	0
Commercial Loans \| Loss \| Commercial real estate
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	16
Commercial Loans \| Loss \| Commercial real estate \| PCI
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	0
Commercial Loans \| Loss \| Construction and development
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	0
Commercial Loans \| Loss \| Construction and development \| PCI
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	0
Commercial Loans \| Loss \| Commercial and industrial
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	0
Commercial Loans \| Loss \| Commercial and industrial \| PCI
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	3
Commercial Loans \| Loss \| Equipment finance
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	0
Commercial Loans \| Loss \| Municipal leases
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	0
Retail Consumer Loans \| One-to-four family
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	469,220
Retail Consumer Loans \| One-to-four family \| PCI
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	4,473
Retail Consumer Loans \| HELOCs - originated
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	137,447
Retail Consumer Loans \| HELOCs - purchased
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	71,781
Retail Consumer Loans \| Construction and land/lots
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	81,514
Retail Consumer Loans \| Construction and land/lots \| PCI
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	345
Retail Consumer Loans \| Indirect auto finance
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	132,303
Retail Consumer Loans \| Consumer
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	10,259
Retail Consumer Loans \| Pass \| One-to-four family
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	458,248
Retail Consumer Loans \| Pass \| One-to-four family \| PCI
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	2,994
Retail Consumer Loans \| Pass \| HELOCs - originated
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	134,697
Retail Consumer Loans \| Pass \| HELOCs - purchased
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	71,119
Retail Consumer Loans \| Pass \| Construction and land/lots
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	81,112
Retail Consumer Loans \| Pass \| Construction and land/lots \| PCI
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	108
Retail Consumer Loans \| Pass \| Indirect auto finance
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	130,975
Retail Consumer Loans \| Pass \| Consumer
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	9,894
Retail Consumer Loans \| Special mention \| One-to-four family
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	1,724
Retail Consumer Loans \| Special mention \| One-to-four family \| PCI
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	465
Retail Consumer Loans \| Special mention \| HELOCs - originated
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	902
Retail Consumer Loans \| Special mention \| HELOCs - purchased
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	0
Retail Consumer Loans \| Special mention \| Construction and land/lots
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	0
Retail Consumer Loans \| Special mention \| Construction and land/lots \| PCI
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	0
Retail Consumer Loans \| Special mention \| Indirect auto finance
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	0
Retail Consumer Loans \| Special mention \| Consumer
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	4
Retail Consumer Loans \| Substandard \| One-to-four family
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	9,042
Retail Consumer Loans \| Substandard \| One-to-four family \| PCI
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	1,014
Retail Consumer Loans \| Substandard \| HELOCs - originated
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	1,848
Retail Consumer Loans \| Substandard \| HELOCs - purchased
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	662
Retail Consumer Loans \| Substandard \| Construction and land/lots
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	402
Retail Consumer Loans \| Substandard \| Construction and land/lots \| PCI
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	237
Retail Consumer Loans \| Substandard \| Indirect auto finance
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	1,328
Retail Consumer Loans \| Substandard \| Consumer
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	361
Retail Consumer Loans \| Doubtful \| One-to-four family
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	206
Retail Consumer Loans \| Doubtful \| One-to-four family \| PCI
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	0
Retail Consumer Loans \| Doubtful \| HELOCs - originated
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	0
Retail Consumer Loans \| Doubtful \| HELOCs - purchased
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	0
Retail Consumer Loans \| Doubtful \| Construction and land/lots
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	0
Retail Consumer Loans \| Doubtful \| Construction and land/lots \| PCI
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	0
Retail Consumer Loans \| Doubtful \| Indirect auto finance
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans
Retail Consumer Loans \| Doubtful \| Consumer
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	0
Retail Consumer Loans \| Loss \| One-to-four family
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	0
Retail Consumer Loans \| Loss \| One-to-four family \| PCI
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	0
Retail Consumer Loans \| Loss \| HELOCs - originated
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	0
Retail Consumer Loans \| Loss \| HELOCs - purchased
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	0
Retail Consumer Loans \| Loss \| Construction and land/lots
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	0
Retail Consumer Loans \| Loss \| Construction and land/lots \| PCI
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	0
Retail Consumer Loans \| Loss \| Indirect auto finance
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	0
Retail Consumer Loans \| Loss \| Consumer
Financing Receivable, Recorded Investment
Non-purchased and purchased performing loans	$ 0

Fair Value of Financial Instruments - Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis (Details) - Fair Value, Measurements, Recurring - USD ($) $ in Thousands	Jun. 30, 2021	Jun. 30, 2020
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value	$ 156,459	$ 127,537
U.S. Government Agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value	19,073	4,173
Residential MBS of U.S. government agencies and GSEs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value	43,404	48,355
Municipal bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value	9,551	16,631
Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value	84,431	58,378
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value	0	0
Level 1 \| U.S. Government Agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value	0	0
Level 1 \| Residential MBS of U.S. government agencies and GSEs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value	0	0
Level 1 \| Municipal bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value	0	0
Level 1 \| Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value	0	0
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value	156,459	127,537
Level 2 \| U.S. Government Agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value	19,073	4,173
Level 2 \| Residential MBS of U.S. government agencies and GSEs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value	43,404	48,355
Level 2 \| Municipal bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value	9,551	16,631
Level 2 \| Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value	84,431	58,378
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value	0	0
Level 3 \| U.S. Government Agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value	0	0
Level 3 \| Residential MBS of U.S. government agencies and GSEs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value	0	0
Level 3 \| Municipal bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value	0	0
Level 3 \| Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value	$ 0	$ 0

Fair Value of Financial Instruments - Schedule of Fair Value, by Balance Sheet Grouping (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Jun. 30, 2020
Level 3 \| Small Business Investment Company Funds [Member] [Domain]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Financial instruments	$ 10,171	$ 8,269
Carrying Value \| Cash and cash equivalents
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Financial instruments	50,990	121,622
Carrying Value \| Commercial paper
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Financial instruments	189,596	304,967
Carrying Value \| Certificates of deposit in other banks
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Financial instruments	40,122	55,689
Carrying Value \| Debt securities available for sale
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Financial instruments	156,459	127,537
Carrying Value \| Loans, net
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Financial instruments	2,697,799	2,741,047
Carrying Value \| Loans held for sale [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Financial instruments	93,539	77,177
Carrying Value \| FHLB stock
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Financial instruments	6,153	23,309
Carrying Value \| FRB stock
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Financial instruments	7,386	7,368
Carrying Value \| Small Business Investment Company Funds [Member] [Domain]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Financial instruments	10,171	8,269
Carrying Value \| Accrued interest receivable
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Financial instruments	7,933	12,312
Carrying Value \| Noninterest-bearing and NOW deposits
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Financial instruments	1,281,372	1,012,200
Carrying Value \| Money market accounts
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Financial instruments	975,001	836,738
Carrying Value \| Savings accounts
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Financial instruments	226,391	197,676
Carrying Value \| Certificates of deposit
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Financial instruments	472,777	739,142
Carrying Value \| Borrowings
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Financial instruments	115,000	475,000
Carrying Value \| Accrued interest payable
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Financial instruments	52	1,087
Estimate of Fair Value Measurement \| Cash and cash equivalents
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Financial instruments	50,990	121,622
Estimate of Fair Value Measurement \| Commercial paper
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Financial instruments	189,596	304,967
Estimate of Fair Value Measurement \| Certificates of deposit in other banks
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Financial instruments	40,122	55,689
Estimate of Fair Value Measurement \| Debt securities available for sale
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Financial instruments	156,459	127,537
Estimate of Fair Value Measurement \| Loans, net
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Financial instruments	2,668,570	2,692,265
Estimate of Fair Value Measurement \| Loans held for sale [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Financial instruments	94,779	78,129
Estimate of Fair Value Measurement \| FHLB stock
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Financial instruments	6,153	23,309
Estimate of Fair Value Measurement \| FRB stock
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Financial instruments	7,386	7,368
Estimate of Fair Value Measurement \| Small Business Investment Company Funds [Member] [Domain]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Financial instruments	10,171	8,269
Estimate of Fair Value Measurement \| Accrued interest receivable
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Financial instruments	7,933	12,312
Estimate of Fair Value Measurement \| Noninterest-bearing and NOW deposits
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Financial instruments	1,281,372	1,012,200
Estimate of Fair Value Measurement \| Money market accounts
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Financial instruments	975,001	836,738
Estimate of Fair Value Measurement \| Savings accounts
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Financial instruments	226,391	197,676
Estimate of Fair Value Measurement \| Certificates of deposit
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Financial instruments	474,397	745,078
Estimate of Fair Value Measurement \| Borrowings
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Financial instruments	115,000	511,529
Estimate of Fair Value Measurement \| Accrued interest payable
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Financial instruments	52	1,087
Estimate of Fair Value Measurement \| Level 1 \| Cash and cash equivalents
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Financial instruments	50,990	121,622
Estimate of Fair Value Measurement \| Level 1 \| Commercial paper
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Financial instruments	189,596	304,967
Estimate of Fair Value Measurement \| Level 1 \| FHLB stock
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Financial instruments	6,153	23,309
Estimate of Fair Value Measurement \| Level 1 \| FRB stock
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Financial instruments	7,386	7,368
Estimate of Fair Value Measurement \| Level 1 \| Accrued interest receivable
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Financial instruments	52	208
Estimate of Fair Value Measurement \| Level 2 \| Certificates of deposit in other banks
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Financial instruments	40,122	55,689
Estimate of Fair Value Measurement \| Level 2 \| Debt securities available for sale
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Financial instruments	156,459	127,537
Estimate of Fair Value Measurement \| Level 2 \| Accrued interest receivable
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Financial instruments	542	744
Estimate of Fair Value Measurement \| Level 2 \| Noninterest-bearing and NOW deposits
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Financial instruments	1,281,372	1,012,200
Estimate of Fair Value Measurement \| Level 2 \| Money market accounts
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Financial instruments	975,001	836,738
Estimate of Fair Value Measurement \| Level 2 \| Savings accounts
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Financial instruments	226,391	197,676
Estimate of Fair Value Measurement \| Level 2 \| Certificates of deposit
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Financial instruments	474,397	745,078
Estimate of Fair Value Measurement \| Level 2 \| Borrowings
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Financial instruments	115,000	511,529
Estimate of Fair Value Measurement \| Level 2 \| Accrued interest payable
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Financial instruments	52	1,087
Estimate of Fair Value Measurement \| Level 3 \| Loans, net
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Financial instruments	2,668,570	2,692,265
Estimate of Fair Value Measurement \| Level 3 \| Loans held for sale [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Financial instruments	94,779	78,129
Estimate of Fair Value Measurement \| Level 3 \| Accrued interest receivable
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Financial instruments	$ 7,339	$ 11,360