XML 30 R20.htm IDEA: XBRL DOCUMENT v3.22.1

Disclosures About Fair Value of Assets and Liabilities (Tables)

9 Months Ended

Mar. 31, 2022

Fair Value Disclosures [Abstract]

Schedule of financial assets measured at fair value on a recurring basis

		Fair Value Measurements Using
(in thousands)		Fair Value				Quoted Prices in Active Markets for Identical Assets (Level 1)				Significant Other Observable Inputs (Level 2)				Significant Unobservable Inputs (Level 3)
March 31, 2022
Agency mortgage-backed: residential		$	29			$	–			$	29			$	–
June 30, 2021
Agency mortgage-backed: residential		$	33			$	–			$	33			$	–

Schedule of financial assets measured at fair value on a recurring basis

						Fair Value Measurements at
		Carrying				March 31, 2022 Using
(in thousands)		Value				Level 1				Level 2				Level 3				Total
Financial assets
Cash and cash equivalents		$	46,061			$	46,061											$	46,061
Available-for-sale securities			29							$	29								29
Held-to-maturity securities			358								353								353
Loans held for sale			1,342											$	1,352				1,352
Loans receivable - net			269,396												273,014				273,014
Federal Home Loan Bank stock			6,498																n/a
Accrued interest receivable			631								631								631
Financial liabilities
Deposits		$	238,642			$	111,934				126,901								238,835
Federal Home Loan Bank advances			40,782								40,771								40,771
Advances by borrowers for taxes and insurance			529								529								529
Accrued interest payable			16								16								16

						Fair Value Measurements at
		Carrying				June 30, 2021 Using
(in thousands)		Value				Level 1				Level 2				Level 3				Total
Financial assets
Cash and cash equivalents		$	21,648			$	21,648											$	21,648
Term deposits in other financial institutions			247				248												248
Available-for-sale securities			33							$	33								33
Held-to-maturity securities			462								476								476
Loans held for sale			1,307								1,336								1,336
Loans receivable – net			297,902											$	306,346				306,346
Federal Home Loan Bank stock			6,498																n/a
Accrued interest receivable			694								694								694
Financial liabilities
Deposits		$	226,843			$	101,951			$	125,232							$	227,183
Federal Home Loan Bank advances			56,873								57,314								57,314
Advances by borrowers for taxes and insurance			838								838								838
Accrued interest payable			20								20								20

X

- Definition

Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 11
-URI https://asc.fasb.org/extlink&oid=123594938&loc=d3e13467-108611

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258

+ Details

Name:	us-gaap_FairValueByBalanceSheetGroupingTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_FairValueDisclosuresAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258

+ Details

Name:	us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration