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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities:    
Net income $ 3,289 $ 2,873
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation and amortization 1,434 1,452
Provision for loan losses 2,300 2,090
Net amortization (accretion) on securities 267 (229)
ESOP compensation 239 703
Loss (earnings) on bank-owned life insurance 4 (527)
Net gain on sale of loans (27)  
Proceeds from sale of loans 317  
Net (gain) loss on the sale, disposal or write-down of premises and equipment, and other real estate owned (16) 21
Net (gain) loss on equity securities (1,415) (282)
Net gain on available for sale securities transactions   (51)
Deferred tax benefit (101) (612)
(Increase) decrease in accrued interest receivable (685) 122
Stock contribution to Pioneer Bank Charitable Foundation   5,196
Decrease (increase) in other assets 7,236 (886)
(Decrease) increase in other liabilities (7,078) 1,108
Net cash from operating activities 5,764 10,978
Cash flows used in investing activities:    
Proceeds from maturities, paydowns and calls of securities available for sale 32,091 37,256
Purchases of securities available for sale (87,146) (32,887)
Proceeds from maturities and paydowns of securities held to maturity 3,330 3,208
Purchases of securities held to maturity (8,083) (3,496)
Proceeds from sale of equity securities 7,474  
Net purchases of FHLBNY stock   (450)
Net decrease in loans receivable 34,332  
Net increase in loans receivable   (43,106)
Purchases of premises and equipment (151) (1,100)
Proceeds from sale of premises and equipment, and other real estate owned 115 138
Proceeds from bank-owned life insurance death benefit   1,142
Net cash used in investing activities (18,038) (39,295)
Cash flows from financing activities:    
Net increase (decrease) in deposits 52,601 (191,457)
Net decrease in mortgagors’ escrow deposits (1,225) (861)
Net increase in borrowings from FHLBNY   10,000
Issuance of common stock   109,055
Purchase of shares by the ESOP   (13,644)
Net cash provided by (used in) financing activities 51,376 (86,907)
Net increase (decrease) in cash and cash equivalents 39,102 (115,224)
Cash and cash equivalents at beginning of period 156,903 230,109
Cash and cash equivalents at end of period 196,005 114,885
Cash paid during the period for:    
Interest 1,285 2,587
Income taxes $ 500 1,800
Non-cash investing and financing activity:    
Loans transferred to other real estate owned   $ 99