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Derivative and Other Financial Instruments with Off-Balance Sheet Risks (Tables)

12 Months Ended

Jun. 30, 2021

Derivative and Other Financial Instruments with Off-Balance Sheet Risks

Schedule of undisbursed funds commitments

​

​	​	​	​	​	​	​
​		June 30,
Commitments	​	2021		​	2020
(In Thousands)		​			​
Undisbursed loan funds – Construction loans	​	$	4,479	​	$	4,029
Undisbursed lines of credit – Commercial business loans	​		460	​		935
Undisbursed lines of credit – Consumer loans	​		425	​		448
Commitments to extend credit on loans to be held for investment	​		21,887	​		13,579
Total	​	$	27,251	​	$	18,991

Schedule of allowance for loan losses of undisbursed funds and commitments on loans held for investment

​

​	​	​	​	​	​	​
​	​	Year Ended
​	​	June 30,
(In Thousands)		2021			2020
Balance, beginning of the year	​	$	126	​	$	141
Provision (recovery)	​		1	​		(15)
Balance, end of the year	​	$	127	​	$	126

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- Definition

Represents table provides information regarding the allowance for loan losses.

+ References

No definition available.

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- References

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- Definition

Tabular disclosure of the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined) which are not recognized in the financial statements (off-balance sheet) because they fail to meet some other criterion for recognition.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=121572278&loc=d3e13467-108611

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=121572278&loc=d3e13433-108611

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