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Premises and Equipment

12 Months Ended

Jun. 30, 2025

Premises and Equipment

Premises and Equipment

Note 5: Premises and Equipment

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Premises and equipment at June 30, 2025 and 2024 consisted of the following:

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​	​	​	​	​	​	​
​	​	June 30,
(In Thousands)		2025			2024
Land	​	$	2,853	​	$	2,853
Buildings	​		10,182	​		10,136
Leasehold improvements	​		3,440	​		4,065
Furniture and equipment	​		5,715	​		5,458
Automobiles	​		168	​		149
Operating lease right of use assets (1)	​	​	1,651	​	​	1,356
Finance lease right of use assets (1)	​	​	75	​	​	—
​	​		24,084	​		24,017
Less accumulated depreciation and amortization	​		(14,760)	​		(14,704)
Total premises and equipment, net	​	$	9,324	​	$	9,313

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⁽¹⁾ Net of accumulated amortization.

​

For both fiscal years ended June 30, 2025 and 2024, the depreciation and amortization expense was $1.6 million.

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- References

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- Definition

The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 360
-Name Accounting Standards Codification
-Publisher FASB
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Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
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-Publisher FASB
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-Name Accounting Standards Codification
-Section 50
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-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477798/958-360-50-1

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Name Accounting Standards Codification
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