Leases (Tables)

3 Months Ended

Sep. 30, 2020

Leases

Schedule of supplemental information related to operating leases

	At		At
(In Thousands)	September 30, 2020		June 30, 2020
Condensed Consolidated Statements of Condition:
Premises and equipment - Operating lease right of use assets	$	2,474	$	2,525
Accounts payable, accrued interest and other liabilities - Operating lease liabilities	$	2,573	$	2,640

	Quarter Ended		Quarter Ended
(In Thousands)	September 30, 2020		September 30, 2019
Condensed Consolidated Statements of Operations:
Premises and occupancy expenses from operating leases (1) (2)	$	199	$	179
Equipment expenses from operating leases	$	12	$	11

⁽¹⁾ Variable lease costs are immaterial.

⁽²⁾ Revenue related to sublease activity is immaterial and netted against operating lease expenses.

	Three Months Ended		Three Months Ended
(In Thousands)	September 30, 2020		September 30, 2019
Condensed Consolidated Statements of Cash Flows:
Operating cash flows from operating leases, net(1)	$	226	$	284

⁽¹⁾ Revenue related to sublease activity is immaterial and netted against operating lease expenses.

Schedule of remaining minimum contractual lease payments and other information associated with leases

	Amount(1)
Year Ending June 30,	(In Thousands)
2021	$	633
2022		707
2023		469
2024		359
2025		255
Thereafter		276
Total contract lease payments	$	2,699
Total liability to make lease payments	$	2,573
Difference in undiscounted and discounted future lease payments	$	126
Weighted average discount rate		2.06	%
Weighted average remaining lease term (years)		4.3

⁽¹⁾ Contractual base rents do not include property taxes and other operating expenses due under respective lease agreements.