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COMMITMENTS AND CONTINGENCIES (Tables)

6 Months Ended

Dec. 31, 2023

Commitments and Contingencies Disclosure [Abstract]

Loan Commitments

At December 31, 2023 and June 30, 2023, the following financial instruments were outstanding:

(In thousands)		December 31, 2023				June 30, 2023
Commitments to grant loans		$	-			$	608
Unadvanced funds on equity lines of credit			3,940				4,089
Unadvanced funds on commercial and other lines of credit			789				871

COMMITMENTS AND CONTINGENCIES - Summary Of Future Minimum Rental Payments for Operating Leases

future minimum rent commitments for the fiscal years ending 2024 through 2028 and thereafter are as follows:

		Years ending
(In thousands)		June 30,
2024		$	59
2025			117
2026			117
2027			119
2028			134
Thereafter			521
Total minimum lease payments		$	1,067
Less: Imputed interest			(147	)
Total lease liability		$	920

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- Definition

Loan commitments.

+ References

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- Definition

Tabular disclosure of future minimum payments required in the aggregate and for each of the five succeeding fiscal years for operating leases having initial or remaining noncancelable lease terms in excess of one year and the total minimum rentals to be received in the future under noncancelable subleases as of the balance sheet date.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef
-Topic 840
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481501/840-20-50-2

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