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Leases (Tables)
3 Months Ended
Sep. 30, 2024
Leases  
Schedule of supplemental information related to operating leases

    

As of

(In Thousands)

September 30, 2024

June 30, 2024

Condensed Consolidated Statements of Condition:

 

  

 

  

Premises and equipment - Operating lease right-of-use assets

$

1,697

 

$

1,356

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

$

1,747

 

$

1,407

Quarter Ended

    

September 30, 

    

(In Thousands)

2024

2023

Condensed Consolidated Statements of Operations:

 

  

 

  

Premises and occupancy expenses from operating leases(1)

$

182

 

$

213

Equipment expenses from operating leases

35

 

34

Total lease expense

$

217

$

247

(1)Includes immaterial variable lease costs.

    

Quarter Ended

Quarter Ended

(In Thousands)

September 30, 2024

September 30, 2023

Condensed Consolidated Statements of Cash Flows:

 

  

 

  

Operating cash flows from operating leases, net

$

213

 

$

231

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

    

Amount(1)

 

Fiscal Year Ending June 30, 

 

(In Thousands)

Remainder of fiscal 2025

$

536

Fiscal 2026

 

538

Fiscal 2027

 

347

Fiscal 2028

 

291

Fiscal 2029

 

141

Thereafter

 

11

Total contract lease payments

$

1,864

Total liability to make lease payments

$

1,747

Difference in undiscounted and discounted future lease payments

$

117

Weighted average discount rate

 

3.47

%

Weighted average remaining lease term (years)

 

3.3

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