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BANK-OWNED LIFE INSURANCE (Tables)
12 Months Ended
Jun. 30, 2023
Investments, All Other Investments [Abstract]  
Schedule of Bank-Owned Life Insurance Activity
The following table summarizes the activity in the Company’s bank-owned life insurance (“BOLI”) as of the dates indicated:
(Dollars in thousands)BOLI values
Balance as of June 30, 2020$6,380 
Additions50,000 
Change in Contract Value175 
Balance as of June 30, 202156,555 
Additions100,000 
Change in Contract Value4,220 
Balance as of June 30, 2022160,775 
Death Benefits(1,805)
Change in Contract Value4,444 
Balance as of June 30, 2023$163,414