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Derivative and Other Financial Instruments with Off-Balance Sheet Risks (Tables)
6 Months Ended
Dec. 31, 2020
Derivative and Other Financial Instruments with Off-Balance Sheet Risks  
Schedule of undisbursed funds commitments

 

 

 

 

 

 

 

Commitments

    

December 31, 2020

    

June 30, 2020

(In Thousands)

 

 

  

 

 

  

Undisbursed loan funds – Construction loans

 

$

2,736

 

$

4,029

Undisbursed lines of credit – Commercial business loans

 

 

520

 

 

935

Undisbursed lines of credit – Consumer loans

 

 

422

 

 

448

Commitments to extend credit on loans to be held for investment

 

 

12,281

 

 

13,579

Total

 

$

15,959

 

$

18,991

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Quarter Ended

 

For the Six Months Ended

 

 

December 31, 

 

December 31, 

(In Thousands)

    

2020

    

2019

    

2020

    

2019

Balance, beginning of the period

 

$

104

 

$

143

 

$

126

 

$

141

Recovery

 

 

(3)

 

 

(5)

 

 

(25)

 

 

(3)

Balance, end of the period

 

$

101

 

$

138

 

$

101

 

$

138

 

Schedule of summary of recourse liability

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Quarter Ended

 

For the Six Months Ended

 

 

December 31, 

 

December 31, 

Recourse Liability

    

2020

    

2019

    

2020

    

2019

(In Thousands)

 

 

 

 

 

 

 

 

 

 

 

 

Balance, beginning of the period

 

$

370

 

$

250

 

$

270

 

$

250

Provision for recourse liability

 

 

20

 

 

 —

 

 

120

 

 

 —

Net settlements in lieu of loan repurchases

 

 

 —

 

 

 —

 

 

 —

 

 

 —

Balance, end of the period

 

$

390

 

$

250

 

$

390

 

$

250