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Deposits | 12 Months Ended
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Jun. 30, 2018
Deposits [Abstract] |
DEPOSITS | NOTE F - DEPOSITS Deposits consist of the following major classifications at June 30:
| (in thousands) |  | 2018 |  |  | 2017 |
| Non-interest bearing checking accounts |  | $ | 5,550 |  |  | $ | 5,280 |
| Checking accounts |  |  | 13,880 |  |  |  | 13,461 |
| Savings accounts |  |  | 43,816 |  |  |  | 45,911 |
| Money market demand deposits |  |  | 11,320 |  |  |  | 13,909 |
| Total demand, transaction and passbook deposits |  |  | 74,566 |  |  |  | 78,561 |
| Certificates of deposit |  |  | 120,490 |  |  |  | 104,284 |
| Total deposits |  | $ | 195,056 |  |  | $ | 182,845 |
At June 30, 2018 and 2017, the Banks had certificate of deposit accounts with balances equal to or exceeding $250,000 totaling approximately $7.9 million and $4.7 million, respectively. Maturities of outstanding certificates of deposit at June 30 are summarized as follows:
| (in thousands) |  | 2018 |
| 2019 |  | $ | 71,379 |
| 2020 |  |  | 34,311 |
| 2021 |  |  | 6,295 |
| 2022 |  |  | 2,905 |
| 2023 and thereafter |  |  | 5,600 |
|  |  | $ | 120,490 |

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- Definition The entire disclosure for deposit liabilities including data and tables. It may include a description of the entity's deposit liabilities, the aggregate amount of time deposits (including certificates of deposit) in denominations of $100,000 or more at the balance sheet date; the aggregate amount of any demand deposits that have been reclassified as loan balances, such as overdrafts, at the balance sheet date; deposits that are received on terms other than those in the normal course of business, the amount of accrued interest on deposit liabilities; securities, mortgage loans or other financial instruments that serve as collateral for deposits; for time deposits having a remaining term of more than one year, the aggregate amount of maturities for each of the five years following the balance sheet date; and the weighted average interest rate for all deposit liabilities held by the entity. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 405 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=50488274&loc=d3e64164-112818 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.12) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 + Details
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