Premises and Equipment

12 Months Ended

Jun. 30, 2021

Premises and Equipment

Premises and Equipment

Note 6: Premises and Equipment

Premises and equipment at June 30, 2021 and 2020 consisted of the following:

	June 30,
(In Thousands)	2021		2020
Land	$	2,853	$	2,853
Buildings		9,772		9,734
Leasehold improvements		3,033		3,243
Furniture and equipment		5,416		5,290
Automobiles		164		167
Operating lease – right of use assets (1)		2,117		2,525
		23,355		23,812
Less accumulated depreciation and amortization		(13,978)		(13,558)
Total premises and equipment, net	$	9,377	$	10,254

⁽¹⁾ Net of accumulated amortization.

Depreciation and amortization expense for the years ended June 30, 2021 and 2020 amounted to $1.6 million and $1.5 million, respectively.