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Debt Securities (Tables)
3 Months Ended
Sep. 30, 2019
Investments, Debt and Equity Securities [Abstract]  
Schedule of Available-for-sale Securities Reconciliation
Securities available for sale consist of the following at the dates indicated:
 
September 30, 2019
 
Amortized
Cost
 
Gross
Unrealized
Gains
 
Gross
Unrealized
Losses
 
Estimated
Fair
Value
U.S. Government Agencies
$
14,113

 
$
153

 
$
(5
)
 
$
14,261

Residential MBS of U.S. Government Agencies and GSEs
72,477

 
757

 
(141
)
 
73,093

Municipal Bonds
23,885

 
495

 
(3
)
 
24,377

Corporate Bonds
53,992

 
47

 
(56
)
 
53,983

Total
$
164,467

 
$
1,452

 
$
(205
)
 
$
165,714

 
June 30, 2019
 
Amortized
Cost
 
Gross
Unrealized
Gains
 
Gross
Unrealized
Losses
 
Estimated
Fair
Value
U.S. Government Agencies
$
15,099

 
$
122

 
$
(11
)
 
$
15,210

Residential MBS of U.S. Government Agencies and GSEs
74,778

 
586

 
(184
)
 
75,180

Municipal Bonds
24,896

 
423

 
(7
)
 
25,312

Corporate Bonds
6,061

 
43

 
(20
)
 
6,084

Total
$
120,834

 
$
1,174

 
$
(222
)
 
$
121,786

Investments Classified by Contractual Maturity Date
Debt securities available for sale by contractual maturity at September 30, 2019 are shown below. MBS 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.
 
September 30, 2019
 
Amortized
Cost
 
Estimated
Fair Value
Due within one year
$
23,625

 
$
23,615

Due after one year through five years
59,316

 
59,616

Due after five years through ten years
5,513

 
5,826

Due after ten years
3,536

 
3,564

Mortgage-backed securities
72,477

 
73,093

Total
$
164,467

 
$
165,714

Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value
The gross unrealized losses and the fair value for securities available for sale aggregated by the length of time that individual securities have been in a continuous unrealized loss position as of September 30, 2019 and June 30, 2019 were as follows:
 
September 30, 2019
 
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
$

 
$

 
$
5,995

 
$
(5
)
 
$
5,995

 
$
(5
)
Residential MBS of U.S. Government Agencies and GSEs
9,771

 
(30
)
 
16,113

 
(111
)
 
25,884

 
(141
)
Municipal Bonds
3,706

 
(3
)
 
427

 

 
4,133

 
(3
)
Corporate Bonds
47,708

 
(56
)
 

 

 
47,708

 
(56
)
Total
$
61,185

 
$
(89
)
 
$
22,535

 
$
(116
)
 
$
83,720

 
$
(205
)
 
June 30, 2019
 
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
$

 
$

 
$
6,988

 
$
(11
)
 
$
6,988

 
$
(11
)
Residential MBS of U.S. Government Agencies and GSEs
1,144

 
(3
)
 
24,242

 
(181
)
 
25,386

 
(184
)
Municipal Bonds

 

 
4,895

 
(7
)
 
4,895

 
(7
)
Corporate Bonds
393

 
(5
)
 
3,630

 
(15
)
 
4,023

 
(20
)
Total
$
1,537

 
$
(8
)
 
$
39,755

 
$
(214
)
 
$
41,292

 
$
(222
)