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Derivative and Other Financial Instruments with Off-Balance Sheet Risks (Tables)
9 Months Ended
Mar. 31, 2021
Derivative and Other Financial Instruments with Off-Balance Sheet Risks  
Schedule of undisbursed funds commitments

 

 

 

 

 

 

 

Commitments

    

March 31, 2021

    

June 30, 2020

(In Thousands)

 

 

  

 

 

  

Undisbursed loan funds – Construction loans

 

$

1,718

 

$

4,029

Undisbursed lines of credit – Commercial business loans

 

 

520

 

 

935

Undisbursed lines of credit – Consumer loans

 

 

426

 

 

448

Commitments to extend credit on loans to be held for investment

 

 

37,835

 

 

13,579

Total

 

$

40,499

 

$

18,991

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Quarter Ended

 

For the Nine Months Ended

 

 

March 31, 

 

March 31, 

(In Thousands)

    

2021

    

2020

    

2021

    

2020

Balance, beginning of the period

 

$

101

 

$

138

 

$

126

 

$

141

Provision (recovery)

 

 

56

 

 

(47)

 

 

31

 

 

(50)

Balance, end of the period

 

$

157

 

$

91

 

$

157

 

$

91

 

Schedule of summary of recourse liability

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Quarter Ended

 

For the Nine Months Ended

 

 

March 31, 

 

March 31, 

Recourse Liability

    

2021

    

2020

    

2021

    

2020

(In Thousands)

 

 

 

 

 

 

 

 

 

 

 

 

Balance, beginning of the period

 

$

390

 

$

250

 

$

270

 

$

250

Provision for recourse liability

 

 

 —

 

 

 —

 

 

120

 

 

 —

Net settlements in lieu of loan repurchases

 

 

(175)

 

 

 —

 

 

(175)

 

 

 —

Balance, end of the period

 

$

215

 

$

250

 

$

215

 

$

250