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Leases (Tables)
6 Months Ended
Dec. 31, 2024
Leases  
Schedule of supplemental information related to operating leases

    

As of

(In Thousands)

December 31, 2024

June 30, 2024

Condensed Consolidated Statements of Condition:

 

  

 

  

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

$

1,766

 

$

1,356

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

$

1,810

 

$

1,407

Quarter Ended

Six Months Ended

    

December 31, 

    

December 31, 

(In Thousands)

2024

2023

2024

2023

Condensed Consolidated Statements of Operations:

 

  

 

  

 

  

 

  

Premises and occupancy expenses from operating leases(1)

$

168

 

$

212

$

350

 

$

425

Equipment expenses from operating leases(1)

35

 

35

69

 

69

Total lease expense

$

203

$

247

$

419

$

494

(1)Includes immaterial variable lease costs.

    

Six Months Ended

Six Months Ended

(In Thousands)

December 31, 2024

December 31, 2023

Condensed Consolidated Statements of Cash Flows:

 

  

 

  

Operating cash flows from operating leases, net

$

418

 

$

463

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

$

347

Fiscal 2026

 

628

Fiscal 2027

 

439

Fiscal 2028

 

369

Fiscal 2029

 

141

Thereafter

 

11

Total contract lease payments

$

1,935

Total liability to make lease payments

$

1,810

Difference in undiscounted and discounted future lease payments

$

125

Weighted average discount rate

 

3.70

%

Weighted average remaining lease term (years)

 

3.2

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