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COMMITMENTS AND CONTINGENT LIABILITIES (Tables)

3 Months Ended

Sep. 30, 2023

COMMITMENTS AND CONTINGENT LIABILITIES

Schedule of contractual amount of exposure to off-balance-sheet risk

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​	​	​	​	​	​	​	​	​	​
​	​	September 30, 2023
​		Fixed Rate			Variable Rate			Total
Financial instruments whose contract amounts represent credit risk (including unused lines of credit and unadvanced loan funds):		​			​			​
Commitments to extend credit	​	$	17,478	​	$	274,476	​	$	291,954
Standby letters of credit	​		—	​		23,697	​		23,697
​	​	$	17,478	​	$	298,173	​	$	315,651

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​	​	​	​	​	​	​	​	​	​
​	​	June 30, 2023
​		Fixed Rate			Variable Rate			Total
Financial instruments whose contract amounts represent credit risk (including unused lines of credit and unadvanced loan funds):		​			​			​
Commitments to extend credit	​	$	20,541	​	$	277,088	​	$	297,629
Standby letters of credit	​		—	​		28,372	​		28,372
​	​	$	20,541	​	$	305,460	​	$	326,001

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- Definition

Tabular disclosure of contractual amount of exposure to off-balance-sheet risk, wherein exposure to credit loss is represented by the contractual amount of those commitments.

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- References

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