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Premises and Equipment (Tables)

12 Months Ended

Jun. 30, 2020

Premises and Equipment

Schedule of Premises and Equipment

Premises and equipment at June 30, 2020 and 2019 consisted of the following:

		June 30,
(In Thousands)		2020			2019
Land		$	2,853		$	2,853
Buildings			9,734			9,759
Leasehold improvements			3,243			3,252
Furniture and equipment			5,290			5,438
Automobiles			167			170
Operating lease – right of use assets(1)			2,525			—
			23,812			21,472
Less accumulated depreciation and amortization			(13,558)			(13,246)
Total premises and equipment, net		$	10,254		$	8,226

(1) Net of accumulated amortization.

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- References

No definition available.

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- Definition

Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(13))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229

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