Leases (Tables)

6 Months Ended

Dec. 31, 2020

Leases

Schedule of supplemental information related to operating leases

	At		At
(In Thousands)	December 31, 2020		June 30, 2020
Condensed Consolidated Statements of Condition:
Premises and equipment - Operating lease right of use assets	$	2,393	$	2,525
Accounts payable, accrued interest and other liabilities - Operating lease liabilities	$	2,478	$	2,640

	Quarter Ended				Six Months Ended
	December 31,				December 31,
	2020		2019		2020		2019
Condensed Consolidated Statements of Operations:
Premises and occupancy expenses from operating leases (1) (2)	$	199	$	195	$	398	$	374
Equipment expenses from operating leases		11		16		23		27

⁽¹⁾ Variable lease costs are immaterial.

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

	Six Months Ended		Six Months Ended
(In Thousands)	December 31, 2020		December 31, 2019
Condensed Consolidated Statements of Cash Flows:
Operating cash flows from operating leases, net(1)	$	451	$	563

⁽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	$	455
2022		778
2023		469
2024		359
2025		255
Thereafter		275
Total contract lease payments	$	2,591
Total liability to make lease payments	$	2,478
Difference in undiscounted and discounted future lease payments	$	113
Weighted average discount rate		2.00	%
Weighted average remaining lease term (years)		4.1

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