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v3.24.3

Premises and Equipment | 3 Months Ended
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Sep. 30, 2024
Property, Plant and Equipment [Abstract] |
Premises and Equipment | 6. Premises and Equipment Premises and equipment at September 30, 2024 and June 30, 2024 are summarized as follows:
|  | September 30, 2024 |  |  | June 30, 2024 |
|  | (Dollars in thousands) |
Land |  | $ | 926 |  |  | $ | 926 |
Buildings and leasehold improvements |  |  | 8,963 |  |  |  | 9,181 |
Furniture, fixtures and equipment |  |  | 5,834 |  |  |  | 5,882 |
Total |  |  | 15,723 |  |  |  | 15,989 |
Accumulated depreciation |  |  | (10,519 | ) |  |  | (10,570 | )
Net |  | $ | 5,204 |  |  | $ | 5,419 |
Depreciation expense amounted to $297,000 and $102,000 for the three months ended September 30, 2024 and 2023, respectively.

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- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 360 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/360/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 6 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-6 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (d) -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 7 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-7 + Details
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