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

    

    

Commitments

December 31, 2021

June 30, 2021

(In Thousands)

 

  

 

  

 

Undisbursed loan funds – Construction loans

$

4,581

$

4,479

Undisbursed lines of credit – Commercial business loans

 

941

 

460

Undisbursed lines of credit – Consumer loans

 

407

 

425

Commitments to extend credit on loans to be held for investment

 

14,239

 

21,887

Total

$

20,168

$

27,251

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)

    

2021

    

2020

    

2021

    

2020

Balance, beginning of the period

$

104

$

104

$

127

$

126

Recovery

 

(5)

 

(3)

 

(28)

 

(25)

Balance, end of the period

$

99

$

101

$

99

$

101

Schedule of summary of recourse liability

For the Quarter Ended 

    

For the Six Months Ended

December 31, 

December 31, 

Recourse Liability

    

2021

    

2020

    

2021

    

2020

(In Thousands)

Balance, beginning of the period

$

200

$

370

$

200

$

270

Provision for recourse liability

 

(40)

 

20

 

(40)

 

120

Net settlements in lieu of loan repurchases

 

 

 

 

Balance, end of the period

$

160

$

390

$

160

$

390