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Available for Sale Securities (Tables) | 9 Months Ended
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Mar. 31, 2024
Available for Sale Securities |
Schedule of available for sale securities | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | March 31, 2024
​ |  | ​ | ​ |  | Gross |  | Gross |  | Allowance | ​ | Estimated
​ |  | Amortized |  | Unrealized |  | Unrealized |  | for |  | Fair
(dollars in thousands) |  | Cost |  | Gains |  | Losses |  | Credit Losses |  | Value
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Debt and equity securities: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Obligations of states and political subdivisions | ​ | $ | 30,008 | ​ | $ | 25 | ​ | $ | (1,925) | ​ | $ | — | ​ | $ | 28,108
Corporate obligations | ​ | ​ | 35,826 | ​ | ​ | 126 | ​ | ​ | (2,139) | ​ | ​ | — | ​ | ​ | 33,813
Asset backed securities | ​ | ​ | 63,561 | ​ | ​ | 1,514 | ​ | ​ | (280) | ​ | ​ | — | ​ | ​ | 64,795
Other securities | ​ |  | 5,657 | ​ |  | 21 | ​ |  | (70) | ​ |  | — | ​ |  | 5,608
Total debt and equity securities | ​ | ​ | 135,052 | ​ | ​ | 1,686 | ​ | ​ | (4,414) | ​ | ​ | — | ​ | ​ | 132,324
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Mortgage-backed securities (MBS) and collateralized mortgage obligations (CMOs): | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Residential MBS issued by governmental sponsored enterprises (GSEs) | ​ | ​ | 107,807 | ​ | ​ | 645 | ​ | ​ | (7,471) | ​ | ​ | — | ​ | ​ | 100,981
Commercial MBS issued by GSEs | ​ | ​ | 65,311 | ​ | ​ | 150 | ​ | ​ | (6,404) | ​ | ​ | — | ​ | ​ | 59,057
CMOs issued by GSEs | ​ | ​ | 149,899 | ​ | ​ | 58 | ​ | ​ | (8,630) | ​ | ​ | — | ​ | ​ | 141,327
Total MBS and CMOs | ​ |  | 323,017 | ​ |  | 853 | ​ |  | (22,505) | ​ |  | — | ​ | ​ | 301,365
Total AFS securities | ​ | $ | 458,069 | ​ | $ | 2,539 | ​ | $ | (26,919) | ​ | $ | — | ​ | $ | 433,689
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | June 30, 2023
​ |  | ​ | ​ |  | Gross |  | Gross | ​ | Allowance | ​ | Estimated
​ |  | Amortized |  | Unrealized |  | Unrealized |  | for |  | Fair
(dollars in thousands) |  | Cost |  | Gains |  | Losses |  | Credit Losses |  | Value
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Debt and equity securities: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Obligations of states and political subdivisions | ​ | $ | 45,285 | ​ | $ | 20 | ​ | $ | (2,737) | ​ | $ | — | ​ | $ | 42,568
Corporate obligations | ​ | ​ | 35,700 | ​ | ​ | 19 | ​ | ​ | (3,181) | ​ | ​ | — | ​ | ​ | 32,538
Asset backed securities | ​ | ​ | 67,897 | ​ | ​ | 1,274 | ​ | ​ | (545) | ​ | ​ | ​ | ​ | ​ | 68,626
Other securities | ​ | ​ | 3,587 | ​ |  | 39 | ​ |  | (56) | ​ |  | — | ​ | ​ | 3,570
Total debt and equity securities | ​ | ​ | 152,469 | ​ | ​ | 1,352 | ​ | ​ | (6,519) | ​ | ​ | — | ​ | ​ | 147,302
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Mortgage-backed securities (MBS) and collateralized mortgage obligations (CMOs): | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Residential MBS issued by governmental sponsored enterprises (GSEs) | ​ | ​ | 97,612 | ​ | ​ | 122 | ​ | ​ | (7,610) | ​ | ​ | — | ​ | ​ | 90,124
Commercial MBS issued by GSEs | ​ | ​ | 60,333 | ​ | ​ | 11 | ​ | ​ | (6,959) | ​ | ​ | — | ​ | ​ | 53,385
CMOs issued by GSEs | ​ | ​ | 135,202 | ​ | ​ | 9 | ​ | ​ | (8,468) | ​ | ​ | — | ​ | ​ | 126,743
Total MBS and CMOs | ​ |  | 293,147 | ​ |  | 142 | ​ |  | (23,037) | ​ |  | — | ​ |  | 270,252
Total AFS securities | ​ | $ | 445,616 | ​ | $ | 1,494 | ​ | $ | (29,556) | ​ | $ | — | ​ | $ | 417,554
Schedule of amortized cost and fair value of available-for-sale securities, by contractual maturity | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | March 31, 2024
​ |  | Amortized |  | Estimated
(dollars in thousands) |  | Cost |  | Fair Value
Within one year | ​ | $ | 1,455 | ​ | $ | 1,438
After one year but less than five years | ​ |  | 25,465 | ​ |  | 24,522
After five years but less than ten years | ​ |  | 59,624 | ​ |  | 57,701
After ten years | ​ |  | 48,508 | ​ |  | 48,663
Total investment securities | ​ |  | 135,052 | ​ |  | 132,324
MBS and CMOs | ​ |  | 323,017 | ​ |  | 301,365
Total AFS securities | ​ | $ | 458,069 | ​ | $ | 433,689
Schedule of available-for-sale securities, continuous unrealized loss position and fair Value | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | March 31, 2024
​ |  | Less than 12 months |  | 12 months or more |  | Total
​ |  | ​ | ​ | ​ | Unrealized |  | ​ | ​ | ​ | Unrealized |  | ​ | ​ | ​ | Unrealized
(dollars in thousands) |  | Fair Value |  | Losses |  | Fair Value |  | Losses |  | Fair Value |  | Losses
Obligations of state and political subdivisions | ​ | $ | 1,831 | ​ | $ | 8 | ​ | $ | 21,855 | ​ | $ | 1,917 | ​ | $ | 23,686 | ​ | $ | 1,925
Corporate obligations | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 26,908 | ​ | ​ | 2,139 | ​ | ​ | 26,908 | ​ | ​ | 2,139
Asset backed securities | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 10,464 | ​ | ​ | 280 | ​ | ​ | 10,464 | ​ | ​ | 280
Other securities | ​ | ​ | 4,709 | ​ | ​ | 24 | ​ | ​ | 284 | ​ | ​ | 46 | ​ | ​ | 4,993 | ​ | ​ | 70
MBS and CMOs | ​ |  | 72,766 | ​ |  | 831 | ​ |  | 188,120 | ​ |  | 21,674 | ​ |  | 260,886 | ​ |  | 22,505
Total AFS securities | ​ | $ | 79,306 | ​ | $ | 863 | ​ | $ | 247,631 | ​ | $ | 26,056 | ​ | $ | 326,937 | ​ | $ | 26,919
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | June 30, 2023
​ |  | Less than 12 months |  | 12 months or more |  | Total
​ |  | ​ | ​ | ​ | Unrealized |  | ​ | ​ | ​ | Unrealized |  | ​ | ​ | ​ | Unrealized
(dollars in thousands) |  | Fair Value |  | Losses |  | Fair Value |  | Losses |  | Fair Value |  | Losses
Obligations of state and political subdivisions | ​ | $ | 11,574 | ​ | $ | 184 | ​ | $ | 26,763 | ​ | $ | 2,553 | ​ | $ | 38,337 | ​ | $ | 2,737
Corporate obligations | ​ | ​ | 14,709 | ​ | ​ | 1,074 | ​ | ​ | 13,821 | ​ | ​ | 2,107 | ​ | ​ | 28,530 | ​ | ​ | 3,181
Asset backed securities | ​ | ​ | 22,628 | ​ | ​ | 263 | ​ | ​ | 698 | ​ | ​ | 282 | ​ | ​ | 23,326 | ​ | ​ | 545
Other securities | ​ | ​ | 1,970 | ​ | ​ | 11 | ​ | ​ | 350 | ​ | ​ | 45 | ​ | ​ | 2,320 | ​ | ​ | 56
MBS and CMOs | ​ |  | 87,354 | ​ |  | 1,525 | ​ |  | 145,673 | ​ |  | 21,512 | ​ |  | 233,027 | ​ |  | 23,037
Total AFS securities | ​ | $ | 138,235 | ​ | $ | 3,057 | ​ | $ | 187,305 | ​ | $ | 26,499 | ​ | $ | 325,540 | ​ | $ | 29,556

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