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INCOME TAXES
 9 Months Ended
Mar. 31, 2025
Income Tax Disclosure [Abstract]  
INCOME TAXES INCOME TAXES
The following table presents a reconciliation between the reported income taxes for the periods presented and the income taxes which would be computed by applying the federal income tax rate of 21% to income for the three and nine months ended March 31, 2025 and 2024:
Three Months Ended
March 31,		Nine Months Ended
March 31,
2025202420252024
(Dollars in Thousands)
Income before income taxes$7,848 $9,114 $22,843 $10,220 
Statutory federal tax rate21 %21 %21 %21 %
Federal income tax at statutory rate$1,648 $1,914 $4,797 $2,146 
(Reduction) increase in income taxes resulting from:
Tax exempt interest(11)(17)(38)(52)
State tax, net of federal tax effect104 485 857 297 
Incentive stock option compensation expense— — — 5 
Income from bank-owned life insurance(548)(504)(1,635)(1,218)
Surrender of bank-owned life insurance polices— 76 — 5,789 
Other items, net7 (237)(444)(159)
Total income tax expense$1,200 $1,717 $3,537 $6,808 
Effective income tax rate15.29 %18.84 %15.48 %66.61 %