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LEASES (Tables)

6 Months Ended

Dec. 31, 2023

Schedule of quantitative data related to operating and finance leases


		As of December 31, 2023			As of June 30, 2023

		(In thousands, except weighted-average information)
Right of use assets:
Finance leases		$	558		$	608
Operating leases			5,440			5,448
		$	5,998		$	6,056
Lease liabilities:
Finance leases		$	676		$	711
Operating leases			5,714			5,713
		$	6,390		$	6,424

Other information:
Weighted-average remaining lease term for finance leases (in years)			69.6			64.9
Weighted-average remaining lease term for operating leases (in years)			13.6			14.2
Weighted-average discount rate for finance leases			5.70			5.62
Weighted-average discount rate for operating leases			3.90			3.87


		For the Three Months Ended December 31,						For the Six Months Ended December 31,
		2023			2022			2023			2022

		(Dollars in thousands)
Lease expense:
Finance lease expense
Amortization of ROU assets		$	25		$	25		$	49		$	50
Interest on lease liabilities			8			8			16			16
Operating lease expense			163			151			321			302
Variable lease expense			67			50			119			100
Total:		$	263		$	234		$	505		$	468

Other information:
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from finance leases (i.e. interest)		$	—		$	—		$	1		$	—
Finance cash flows from finance leases (i.e. principal portion)		$	25		$	25		$	50		$	50
Operating cash flows from operating leases		$	158		$	146		$	309		$	291
ROU assets obtained in exchange for new operating lease liabilities		$	—		$	—		$	199		$	—

Schedule of maturities of finance and operating lease liabilities


		Finance leases			Operating leases

		(Dollars in thousands)
Within the twelve months ended December 31,
2024		$	131		$	637
2025			91			616
2026			30			587
2027			30			582
2028			30			550
Thereafter			2,580			4,464
Total undiscounted cash flows			2,892			7,436
Less: present value discount			(2,216)			(1,722)
Total lease liabilities		$	676		$	5,714