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Deposits | 12 Months Ended
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Jun. 30, 2024
Deposits [Abstract] |
DEPOSITS | NOTE G - DEPOSITS Deposits consist of the following major classifications at June 30:
(in thousands) |  | 2024 |  |  | 2023 |
Non-interest bearing checking accounts |  | $ | 15,428 |  |  | $ | 12,333 |
Checking accounts |  |  | 16,749 |  |  |  | 19,068 |
Savings Accounts |  |  | 39,221 |  |  |  | 49,477 |
Money market demand deposits |  |  | 8,169 |  |  |  | 8,116 |
Total demand, transaction and passbook deposits |  |  | 79,567 |  |  |  | 88,994 |
Certificates of deposit |  |  | 176,572 |  |  |  | 137,315 |
Total deposits |  | $ | 256,139 |  |  | $ | 226,309 |
Maturities of outstanding certificates of deposit at June 30 are summarized as follows:
(in thousands) |  | 2024 |
2025 |  | $ | 149,323 |
2026 |  |  | 14,099 |
2027 |  |  | 11,277 |
2028 |  |  | 1,608 |
2029 and thereafter |  |  | 265 |
|  | $ | 176,572 |
At June 30, 2024 and 2023, the Company had certificate of deposit accounts with balances equal to or in excess of $250,000 totaling approximately $21.0 million and $14.7 million, respectively. Brokered certificates of deposit totaled $52.0 million at June 30, 2024 compared to 21.0 million at June 30, 2023.

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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 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 405 -Topic 942 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478353/942-405-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 942 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(12)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478546/942-210-S99-1 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name Regulation S-K (SK) -Number 229 -Section 1406 -Paragraph e -Publisher SEC Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Name Regulation S-K (SK) -Number 229 -Section 1406 -Publisher SEC + Details
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- References No definition available. + Details
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