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Deposits (Tables)

12 Months Ended

Jun. 30, 2023

Deposits

Schedule of deposits

Deposits at June 30, 2023 and 2022 consisted of the following:


		June 30, 2023					June 30, 2022
(Dollars in Thousands)		Interest Rate		Amount			Interest Rate		Amount
Checking deposits – noninterest-bearing		—		$	103,006		—		$	125,089
Checking deposits – interest-bearing⁽¹⁾		0.00% - 0.20%			302,872		0.00% - 0.20%			335,788
Savings deposits⁽¹⁾		0.00% - 0.70%			290,204		0.00% - 0.70%			333,581
Money market deposits⁽¹⁾		0.00% - 2.00%			33,551		0.00% - 2.00%			39,897
Time deposits:
Under $100⁽¹⁾⁽²⁾		0.00% - 5.25%			154,316		0.00% - 2.13%			60,721
$100 and over		0.07% - 5.35%			66,622		0.05% - 2.13%			60,428
Total deposits⁽³⁾				$	950,571				$	955,504
Weighted-average interest rate on deposits					0.73	%				0.11	%

(1)	Certain interest-bearing checking, savings, money market and time deposits require a minimum balance to earn interest.

(2)	Includes brokered certificates of deposit of $106.4 million and $0 at June 30, 2023 and 2022, respectively.

(3)	Includes uninsured deposits of approximately $140.1 million and $173.7 million at June 30, 2023 and 2022, respectively.

Schedule of aggregate annual maturities of time deposits

The aggregate annual maturities of time deposits at June 30, 2023 and 2022 were as follows:


		June 30,
(In Thousands)		2023			2022
One year or less		$	166,501		$	78,644
Over one to two years			37,062			20,600
Over two to three years			9,922			13,890
Over three to four years			3,069			3,552
Over four to five years			2,578			3,186
Over five years			1,806			1,277
Total time deposits		$	220,938		$	121,149

Schedule of interest expense on deposits


		Year Ended June 30,
(In Thousands)		2023			2022
Checking deposits – interest-bearing		$	140		$	149
Savings deposits			168			172
Money market deposits			87			71
Time deposits			2,751			752
Total interest expense on deposits		$	3,146		$	1,144