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Leases (Tables)

6 Months Ended

Dec. 31, 2023

Schedule of supplemental information related to operating leases


		As of
(In Thousands)		December 31, 2023				June 30, 2023
Condensed Consolidated Statements of Condition:
Premises and equipment - Operating lease right of use assets		$	1,732		$	2,147
Accounts payable, accrued interest and other liabilities – Operating lease liabilities		$	1,778		$	2,169


		Quarter Ended						Six Months Ended
		December 31,						December 31,
(In Thousands)		2023				2022		2023				2022
Condensed Consolidated Statements of Operations:
Premises and occupancy expenses from operating leases⁽¹⁾		$	212		$	193		$	425		$	386
Equipment expenses from operating leases			35			23			69			45
Total lease expense		$	247		$	216		$	494		$	431

(1)	Includes immaterial variable lease costs.


		Six Months Ended			Six Months Ended
(In Thousands)		December 31, 2023			December 31, 2022
Condensed Consolidated Statements of Cash Flows:
Operating cash flows from operating leases, net		$	463		$	437

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


		Amount⁽¹⁾
Year Ending June 30,		(In Thousands)
2024		$	433
2025			673
2026			382
2027			188
2028			151
Thereafter			55
Total contract lease payments		$	1,882

Total liability to make lease payments		$	1,778
Difference in undiscounted and discounted future lease payments		$	104
Weighted average discount rate			3.33	%
Weighted average remaining lease term (years)			3.1

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