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Leases (Tables)
9 Months Ended
Mar. 31, 2023
Leases  
Schedule of supplemental information related to operating leases

    

As of

(In Thousands)

March 31, 2023

June 30, 2022

Condensed Consolidated Statements of Condition:

 

  

 

  

Premises and equipment - Operating lease right of use assets

$

1,984

 

$

1,969

Accounts payable, accrued interest and other liabilities – Operating lease liabilities

$

2,000

 

$

1,998

Quarter Ended

Nine Months Ended

    

March 31, 

    

March 31, 

(In Thousands)

2023

2022

2023

2022

Condensed Consolidated Statements of Operations:

 

  

 

  

 

  

 

  

Premises and occupancy expenses from operating leases(1)

$

195

 

$

196

$

581

 

$

591

Equipment expenses from operating leases

$

25

 

$

22

$

70

 

$

69

(1)Includes immaterial variable lease costs.

    

Nine Months Ended

Nine Months Ended

(In Thousands)

March 31, 2023

March 31, 2022

Condensed Consolidated Statements of Cash Flows:

 

  

 

  

Operating cash flows from operating leases, net

$

657

 

$

697

Schedule of remaining minimum contractual lease payments and other information associated with leases

    

Amount(1)

 

Year Ending June 30, 

 

(In Thousands)

2023

$

228

2024

 

809

2025

 

585

2026

 

296

2027

 

100

Thereafter

 

71

Total contract lease payments

$

2,089

Total liability to make lease payments

$

2,000

Difference in undiscounted and discounted future lease payments

$

89

Weighted average discount rate

 

2.81

%

Weighted average remaining lease term (years)

 

2.5

(1)Contractual base rents do not include property taxes and other operating expenses due under respective lease agreements.