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Leases (Tables)

9 Months Ended

Mar. 31, 2024

Schedule of supplemental information related to operating leases


		As of
(In Thousands)		March 31, 2024				June 30, 2023
Condensed Consolidated Statements of Condition:
Premises and equipment - Operating lease right of use assets		$	1,550		$	2,147
Accounts payable, accrued interest and other liabilities – Operating lease liabilities		$	1,612		$	2,169


		Quarter Ended						Nine Months Ended
		March 31,						March 31,
(In Thousands)		2024				2023		2024				2023
Condensed Consolidated Statements of Operations:
Premises and occupancy expenses from operating leases⁽¹⁾		$	188		$	195		$	613		$	581
Equipment expenses from operating leases			34			25			103			70
Total lease expense		$	222		$	220		$	716		$	651

(1)	Includes immaterial variable lease costs.


		Nine Months Ended			Nine Months Ended
(In Thousands)		March 31, 2024			March 31, 2023
Condensed Consolidated Statements of Cash Flows:
Operating cash flows from operating leases, net		$	666		$	657

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


		Amount⁽¹⁾
Year Ending June 30,		(In Thousands)
2024		$	218
2025			678
2026			387
2027			192
2028			156
Thereafter			74
Total contract lease payments		$	1,705

Total liability to make lease payments		$	1,612
Difference in undiscounted and discounted future lease payments		$	93
Weighted average discount rate			3.30	%
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.