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Premises and Equipment
12 Months Ended
Jun. 30, 2022
Premises and Equipment  
Premises and Equipment

Note 5: Premises and Equipment

Premises and equipment at June 30, 2022 and 2021 consisted of the following:

June 30, 

(In Thousands)

    

2022

    

2021

Land

$

2,853

$

2,853

Buildings

 

9,896

 

9,772

Leasehold improvements

 

2,996

 

3,033

Furniture and equipment

 

5,427

 

5,416

Automobiles

 

167

 

164

Operating lease – right of use assets (1)

1,969

2,117

 

23,308

 

23,355

Less accumulated depreciation and amortization

 

(14,482)

 

(13,978)

Total premises and equipment, net

$

8,826

$

9,377

(1)

Net of accumulated amortization.

Depreciation and amortization expense for the years ended June 30, 2022 and 2021 amounted to $1.5 million and $1.6 million, respectively.