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Fair Value Measurements and Fair Value of Financial Instruments (Tables) | 12 Months Ended
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Jun. 30, 2025
Fair Value Measurements and Fair Value of Financial Instruments [Abstract] |
Assets Measured at Fair Value on Recurring Basis | For assets measured at fair value on a recurring basis, the fair value measurements by level within the fair value hierarchy used are as follows:
|  |  |  |  | Fair Value Measurements Using
|  |  |  |  |  | Quoted prices in active markets for identical assets |  |  |  | Significant other observable inputs |  |  |  | Significant unobservable inputs |
(In thousands) |  | June 30, 2025 |  |  |  | (Level 1) |  |  |  | (Level 2) |  |  |  | (Level 3) |
Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. Treasury securities | $ | 10,453 |  |  | $ | - |  |  | $ | 10,453 |  |  | $ | - |
U.S. government sponsored enterprises |  | 11,644 |  |  |  | - |  |  |  | 11,644 |  |  |  | - |
State and political subdivisions |  | 209,844 |  |  |  | - |  |  |  | 209,844 |  |  |  | - |
Mortgage-backed securities-residential |  | 31,587 |  |  |  | - |  |  |  | 31,587 |  |  |  | - |
Mortgage-backed securities-multi-family |  | 74,597 |  |  |  | - |  |  |  | 74,597 |  |  |  | - |
Corporate debt securities |  | 17,937 |  |  |  | - |  |  |  | 17,937 |  |  |  | - |
Securities available-for-sale |  | 356,062 |  |  |  | - |  |  |  | 356,062 |  |  |  | - |
Equity securities |  | 402 |  |  |  | 402 |  |  |  | - |  |  |  | - |
Interest rate swaps |  | 4,733 |  |  |  | - |  |  |  | 4,733 |  |  |  | - |
Total | $ | 361,197 |  |  | $ | 402 |  |  | $ | 360,795 |  |  | $ | - |
Liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate swaps | $ | 4,733 |  |  | $ | - |  |  | $ | 4,733 |  |  | $ | - |
Total | $ | 4,733 |  |  | $ | - |  |  | $ | 4,733 |  |  | $ | - |
|  |  |  |  | Fair Value Measurements Using
|  |  |  |  |  | Quoted prices in active markets for identical assets |  |  |  | Significant other observable inputs |  |  |  | Significant unobservable inputs |
(In thousands) |  | June 30, 2024 |  |  |  | (Level 1) |  |  |  | (Level 2) |  |  |  | (Level 3) |
Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. Treasury securities | $ | 41,195 |  |  | $ | - |  |  | $ | 41,195 |  |  | $ | - |
U.S. government sponsored enterprises |  | 10,974 |  |  |  | - |  |  |  | 10,974 |  |  |  | - |
State and political subdivisions |  | 170,669 |  |  |  | - |  |  |  | 170,669 |  |  |  | - |
Mortgage-backed securities-residential |  | 36,575 |  |  |  | - |  |  |  | 36,575 |  |  |  | - |
Mortgage-backed securities-multi-family |  | 72,300 |  |  |  | - |  |  |  | 72,300 |  |  |  | - |
Corporate debt securities |  | 18,288 |  |  |  | - |  |  |  | 18,288 |  |  |  | - |
Securities available-for-sale |  | 350,001 |  |  |  | - |  |  |  | 350,001 |  |  |  | - |
Equity securities |  | 328 |  |  |  | 328 |  |  |  | - |  |  |  | - |
Interest rate swaps |  | 585 |  |  |  | - |  |  |  | 585 |  |  |  | - |
Total | $ | 350,914 |  |  | $ | 328 |  |  | $ | 350,586 |  |  | $ | - |
Liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate swaps | $ | 585 |  |  | $ | - |  |  | $ | 585 |  |  | $ | - |
Total | $ | 585 |  |  | $ | - |  |  | $ | 585 |  |  | $ | - |
Fair Value Measurements for Loans Evaluated Individually and Foreclosed Real Estate | Such modifications to the appraised values could result in lower valuations of such collateral. Based on the valuation techniques used, the fair value measurements for foreclosed real estate are classified as Level 3.
|  |  |  |  | June 30, 2025 |  |  | June 30, 2024
(In thousands) |  | Fair value hierarchy |  |  |  | Carrying amount |  |  |  | Estimated fair value |  |  |  | Carrying amount |  |  |  | Estimated fair value |
Loans individually evaluated |  | 3 |  |  | $ | 751 |  |  | $ | 202 |  |  | $ | 1,405 |  |  | $ | 662 |
Carrying Amounts and Estimated Fair Value of Financial Instruments | The carrying amounts and estimated fair value of financial instruments are as follows:
| June 30, 2025 |  |  | Fair value measurements using
(In thousands) |  | Carrying amount |  |  |  | Fair value |  |  |  | (Level 1) |  |  |  | (Level 2) |  |  |  | (Level 3) |
Cash and cash equivalents | $ | 183,078 |  |  | $ | 183,078 |  |  | $ | 183,078 |  |  | $ | - |  |  | $ | - |
Long-term certificate of deposit |  | 1,425 |  |  |  | 1,421 |  |  |  | - |  |  |  | 1,421 |  |  |  | - |
Securities available-for-sale |  | 356,062 |  |  |  | 356,062 |  |  |  | - |  |  |  | 356,062 |  |  |  | - |
Securities held-to-maturity |  | 776,147 |  |  |  | 738,134 |  |  |  | - |  |  |  | 738,134 |  |  |  | - |
Equity securities |  | 402 |  |  |  | 402 |  |  |  | 402 |  |  |  | - |  |  |  | - |
Federal Home Loan Bank stock |  | 5,504 |  |  |  | 5,504 |  |  |  | - |  |  |  | 5,504 |  |  |  | - |
Net loans receivable |  | 1,607,260 |  |  |  | 1,536,150 |  |  |  | - |  |  |  | - |  |  |  | 1,536,150 |
Accrued interest receivable |  | 16,381 |  |  |  | 16,381 |  |  |  | - |  |  |  | 16,381 |  |  |  | - |
Interest rate swap asset |  | 4,733 |  |  |  | 4,733 |  |  |  | - |  |  |  | 4,733 |  |  |  | - |
Deposits |  | 2,639,835 |  |  |  | 2,639,246 |  |  |  | - |  |  |  | 2,639,246 |  |  |  | - |
Borrowings |  | 78,189 |  |  |  | 78,346 |  |  |  | - |  |  |  | 78,346 |  |  |  | - |
Subordinated notes payable, net |  | 49,867 |  |  |  | 48,485 |  |  |  | - |  |  |  | 48,485 |  |  |  | - |
Accrued interest payable |  | 1,271 |  |  |  | 1,271 |  |  |  | - |  |  |  | 1,271 |  |  |  | - |
Interest rate swap liability |  | 4,733 |  |  |  | 4,733 |  |  |  | - |  |  |  | 4,733 |  |  |  | - |
| June 30, 2024 |  |  | Fair value measurements using
(In thousands) |  | Carrying amount |  |  |  | Fair value |  |  |  | (Level 1) |  |  |  | (Level 2) |  |  |  | (Level 3) |
Cash and cash equivalents | $ | 190,395 |  |  | $ | 190,395 |  |  | $ | 190,395 |  |  | $ | - |  |  | $ | - |
Long-term certificate of deposit |  | 2,831 |  |  |  | 2,760 |  |  |  | - |  |  |  | 2,760 |  |  |  | - |
Securities available-for-sale |  | 350,001 |  |  |  | 350,001 |  |  |  | - |  |  |  | 350,001 |  |  |  | - |
Securities held-to-maturity |  | 690,354 |  |  |  | 630,241 |  |  |  | - |  |  |  | 630,241 |  |  |  | - |
Equity securities |  | 328 |  |  |  | 328 |  |  |  | 328 |  |  |  | - |  |  |  | - |
Federal Home Loan Bank stock |  | 7,296 |  |  |  | 7,296 |  |  |  | - |  |  |  | 7,296 |  |  |  | - |
Net loans receivable |  | 1,480,229 |  |  |  | 1,387,325 |  |  |  | - |  |  |  | - |  |  |  | 1,387,325 |
Accrued interest receivable |  | 14,269 |  |  |  | 14,269 |  |  |  | - |  |  |  | 14,269 |  |  |  | - |
Interest rate swap asset |  | 585 |  |  |  | 585 |  |  |  | - |  |  |  | 585 |  |  |  | - |
Deposits |  | 2,389,222 |  |  |  | 2,388,305 |  |  |  | - |  |  |  | 2,388,305 |  |  |  | - |
Borrowings |  | 149,456 |  |  |  | 149,438 |  |  |  | - |  |  |  | 149,438 |  |  |  | - |
Subordinated notes payable, net |  | 49,681 |  |  |  | 46,114 |  |  |  | - |  |  |  | 46,114 |  |  |  | - |
Accrued interest payable |  | 1,551 |  |  |  | 1,551 |  |  |  | - |  |  |  | 1,551 |  |  |  | - |
Interest rate swap liability |  | 585 |  |  |  | 585 |  |  |  | - |  |  |  | 585 |  |  |  | - |

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- Definition Tabular disclosure of assets and liabilities by class, including financial instruments measured at fair value that are classified in shareholders' equity, if any, that are measured at fair value on a nonrecurring basis in periods after initial recognition (for example, impaired assets). Disclosures may include, but are not limited to: (a) the fair value measurements recorded and the reasons for the measurements and (b) the level within the fair value hierarchy in which the fair value measurements are categorized in their entirety (levels 1, 2, 3). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
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- Definition Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
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