XML 32 R22.htm IDEA: XBRL DOCUMENT

Investment Securities (Tables)

9 Months Ended

Mar. 31, 2023

Investment Securities

Schedule of available-for-sale securities reconciliation


					Gross			Gross			Estimated
		Amortized			Unrealized			Unrealized			Fair			Carrying
March 31, 2023		Cost			Gains			(Losses)			Value			Value
(In Thousands)
Held to maturity
U.S. government sponsored enterprise MBS⁽¹⁾		$	156,785		$	1		$	(17,189)		$	139,597		$	156,785
U.S. government sponsored enterprise CMO⁽²⁾			3,895			—			(278)			3,617			3,895
U.S. SBA securities⁽³⁾			656			—			—			656			656
Total investment securities - held to maturity			161,336			1			(17,467)			143,870			161,336

Available for sale
U.S. government agency MBS			1,463			—			(23)			1,440			1,440
U.S. government sponsored enterprise MBS			725			—			(12)			713			713
Private issue CMO			107			—			(9)			98			98
Total investment securities - available for sale			2,295			—			(44)			2,251			2,251
Total investment securities		$	163,631		$	1		$	(17,511)		$	146,121		$	163,587

(1)Mortgage-Backed Securities (“MBS”).

(2)Collateralized Mortgage Obligations (“CMO”).

(3)Small Business Administration (“SBA”).


					Gross			Gross			Estimated
		Amortized			Unrealized			Unrealized			Fair			Carrying
June 30, 2022		Cost			Gains			(Losses)			Value			Value
(In Thousands)
Held to maturity
U.S. government sponsored enterprise MBS		$	180,492		$	63		$	(13,945)		$	166,610		$	180,492
U.S. government sponsored enterprise CMO			3,913			—			(150)			3,763			3,913
U.S. SBA securities			940			11			—			951			940
Certificate of deposits			400			—			—			400			400
Total investment securities - held to maturity			185,745			74			(14,095)			171,724			185,745

Available for sale
U.S. government agency MBS			1,698			6			(6)			1,698			1,698
U.S. government sponsored enterprise MBS			865			4			(4)			865			865
Private issue CMO			118			—			(5)			113			113
Total investment securities - available for sale			2,681			10			(15)			2,676			2,676
Total investment securities		$	188,426		$	84		$	(14,110)		$	174,400		$	188,421

Schedule of investments with unrealized loss position


As of March 31, 2023		Unrealized Holding Losses						Unrealized Holding Losses						Unrealized Holding Losses
(In Thousands)		Less Than 12 Months						12 Months or More						Total
		Fair			Unrealized			Fair			Unrealized			Fair			Unrealized
Description of Securities		Value			Losses			Value			Losses			Value			Losses
Held to maturity
U.S. government sponsored enterprise MBS		$	10,921		$	180		$	127,749		$	17,009		$	138,670		$	17,189
U.S. government sponsored enterprise CMO			—			—			3,617			278			3,617			278
U.S. SBA securities			656		$	—			—			—			656			—
Total investment securities - held to maturity			11,577			180			131,366			17,287			142,943			17,467

Available for sale
U.S government agency MBS			1,440			23			—			—			1,440			23
U.S. government sponsored enterprise MBS			315			5			352			7			667			12
Private issue CMO			—			—			98			9			98			9
Total investment securities - available for sale			1,755			28			450			16			2,205			44
Total investment securities		$	13,332		$	208			131,816		$	17,303		$	145,148		$	17,511


As of June 30, 2022		Unrealized Holding Losses						Unrealized Holding Losses						Unrealized Holding Losses
(In Thousands)		Less Than 12 Months						12 Months or More						Total
		Fair			Unrealized			Fair			Unrealized			Fair			Unrealized
Description of Securities		Value			Losses			Value			Losses			Value			Losses
Held to maturity
U.S. government sponsored enterprise MBS		$	121,844		$	9,018		$	35,528		$	4,927		$	157,372		$	13,945
U.S. government sponsored enterprise CMO			3,764			150			—			—			3,764			150
Total investment securities - held to maturity			125,608			9,168			35,528			4,927			161,136			14,095

Available for sale
U.S government agency MBS			826			6			—			—			826			6
U.S. government sponsored enterprise MBS			671			4			—			—			671			4
Private issue CMO			113			5			—			—			113			5
Total investment securities - available for sale			1,610			15			—			—			1,610			15
Total investment securities		$	127,218		$	9,183		$	35,528		$	4,927		$	162,746		$	14,110

Schedule of investments classified by contractual maturity


		March 31, 2023						June 30, 2022
					Estimated						Estimated
		Amortized			Fair			Amortized			Fair
(In Thousands)		Cost			Value			Cost			Value
Held to maturity
Due in one year or less		$	662		$	656		$	1,427		$	1,425
Due after one through five years			8,665			8,406			10,908			10,805
Due after five through ten years			64,372			58,501			77,167			72,625
Due after ten years			87,637			76,307			96,243			86,869
Total investment securities - held to maturity			161,336			143,870			185,745			171,724

Available for sale
Due in one year or less			—			—			—			—
Due after one through five years			—			—			—			—
Due after five through ten years			390			381			98			98
Due after ten years			1,905			1,870			2,583			2,578
Total investment securities - available for sale			2,295			2,251			2,681			2,676
Total investment securities		$	163,631		$	146,121		$	188,426		$	174,400