Investment Securities (Tables)

12 Months Ended

Jun. 30, 2019

Investments, Debt and Equity Securities [Abstract]

Schedule of Available-for-sale Securities Reconciliation

June 30, 2019	Amortized Cost		Gross Unrealized Gains		Gross Unrealized (Losses)			Estimated Fair Value		Carrying Value
(In Thousands)
Held to maturity
U.S. government sponsored enterprise MBS	$	90,394	$	1,289	$	(14	)	$	91,669	$	90,394
U.S. SBA securities(1)		2,896		—		(6	)		2,890		2,896
Certificate of deposits		800		—		—			800		800
Total investment securities - held to maturity	$	94,090	$	1,289	$	(20	)	$	95,359	$	94,090
Available for sale
U.S. government agency MBS	$	3,498	$	116	$	(1	)	$	3,613	$	3,613
U.S. government sponsored enterprise MBS		1,998		89		—			2,087		2,087
Private issue CMO(2)		261		8		—			269		269
Total investment securities - available for sale	$	5,757	$	213	$	(1	)	$	5,969	$	5,969
Total investment securities	$	99,847	$	1,502	$	(21	)	$	101,328	$	100,059

⁽¹⁾ Small Business Administration ("SBA").

⁽²⁾ Collateralized Mortgage Obligations (“CMO”).

June 30, 2018	Amortized Cost		Gross Unrealized Gains		Gross Unrealized (Losses)			Estimated Fair Value		Carrying Value
(In Thousands)
Held to maturity
U.S. government sponsored enterprise MBS	$	84,227	$	203	$	(762	)	$	83,668	$	84,227
U.S. SBA securities(1)		2,986		—		(15	)		2,971		2,986
Certificate of deposits		600		—		—			600		600
Total investment securities - held to maturity	$	87,813	$	203	$	(777	)	$	87,239	$	87,813
Available for sale
U.S. government agency MBS	$	4,234	$	150	$	—		$	4,384	$	4,384
U.S. government sponsored enterprise MBS		2,640		122		—			2,762		2,762
Private issue CMO(2)		346		4		—			350		350
Total investment securities - available for sale	$	7,220	$	276	$	—		$	7,496	$	7,496
Total investment securities	$	95,033	$	479	$	(777	)	$	94,735	$	95,309

⁽¹⁾ Small Business Administration ("SBA").

⁽²⁾ Collateralized Mortgage Obligations (“CMO”).

Schedule of Investments with Unrealized Loss Position

As of June 30, 2019	Unrealized Holding Losses				Unrealized Holding Losses				Unrealized Holding Losses
(In Thousands)	Less Than 12 Months				12 Months or More				Total
	Fair		Unrealized		Fair		Unrealized		Fair		Unrealized
Description of Securities	Value		Losses		Value		Losses		Value		Losses
Held to maturity
U.S. government sponsored enterprise MBS	$	6,507	$	8	$	1,657	$	6	$	8,164	$	14
U.S. SBA securities		—	$	—		2,883		6		2,883		6
Total investment securities – held to maturity	$	6,507	$	8	$	4,540	$	12	$	11,047	$	20
Available for sale
U.S. government agency MBS	$	289	$	1	$	—	$	—	$	289	$	1
Total investment securities – available for sale	$	289	$	1	$	—	$	—	$	289	$	1
Total investment securities	$	6,796	$	9	$	4,540	$	12	$	11,336	$	21

As of June 30, 2018	Unrealized Holding Losses				Unrealized Holding Losses				Unrealized Holding Losses
(In Thousands)	Less Than 12 Months				12 Months or More				Total
	Fair		Unrealized		Fair		Unrealized		Fair		Unrealized
Description of Securities	Value		Losses		Value		Losses		Value		Losses
Held to maturity
U.S. government sponsored enterprise MBS	$	47,045	$	762	$	—	$	—	$	47,045	$	762
U.S. SBA securities		2,964		15		—		—		2,964		15
Total investment securities	$	50,009	$	777	$	—	$	—	$	50,009	$	777

Investments Classified by Contractual Maturity

	June 30, 2019				June 30, 2018
(In Thousands)	Amortized Cost		Estimated Fair  Value		Amortized Cost		Estimated Fair  Value
Held to maturity
Due in one year or less	$	400	$	400	$	600	$	600
Due after one through five years		32,584		32,728		24,961		24,569
Due after five through ten years		35,306		36,090		22,847		22,477
Due after ten years		25,800		26,141		39,405		39,593
Total investment securities - held to maturity	$	94,090	$	95,359	$	87,813	$	87,239
Available for sale
Due in one year or less	$	—	$	—	$	—	$	—
Due after one through five years		—		—		—		—
Due after five through ten years		—		—		—		—
Due after ten years		5,757		5,969		7,220		7,496
No stated maturity (common stock)		—		—		—		—
Total investment securities - available for sale	$	5,757	$	5,969	$	7,220	$	7,496
Total investment securities	$	99,847	$	101,328	$	95,033	$	94,735