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Premises and Equipment

12 Months Ended

Jun. 30, 2019

Property, Plant and Equipment [Abstract]

Premises and Equipment

Note 6: Premises and Equipment

Premises and equipment at June 30, 2019 and 2018 consisted of the following:

(In Thousands)	June 30,
	2019			2018
Land	$	2,853		$	2,853
Buildings	9,759			9,843
Leasehold improvements	3,252			3,458
Furniture and equipment	5,438			5,657
Automobiles	170			170
	21,472			21,981
Less accumulated depreciation and amortization	(13,246		)	(13,285		)
Total premises and equipment, net	$	8,226		$	8,696

Depreciation and amortization expense for the years ended June 30, 2019 and 2018 amounted to $881,000 and $845,000, respectively.

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- References

No definition available.

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- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-URI http://asc.fasb.org/topic&trid=2155823

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