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Leases (Tables)
12 Months Ended
Jun. 30, 2021
Leases  
Schedule of supplemental information related to operating leases

    

As of

(In Thousands)

June 30, 2021

June 30, 2020

Consolidated Statements of Condition:

 

  

 

  

Premises and equipment - Operating lease right of use assets

$

2,117

 

$

2,525

Accounts payable, accrued interest and other liabilities – Operating lease liabilities

$

2,192

 

$

2,640

Year Ended June 30, 

2021

2020

Consolidated Statements of Operations:

 

  

 

  

Premises and occupancy expenses from operating leases(1)

$

797

 

$

768

Equipment expenses from operating leases

$

69

 

$

57

Consolidated Statements of Cash Flows:

 

  

 

 

  

Operating cash flows from operating leases, net

$

905

 

$

1,035

(1)Includes immaterial variable lease costs.
Schedule of remaining minimum contractual lease payments and other information associated with leases

    

Amount(1)

 

Year Ending June 30, 

 

(In Thousands)

2022

$

887

2023

 

506

2024

 

359

2025

 

255

2026

 

236

Thereafter

 

39

Total contract lease payments

$

2,282

Total liability to make lease payments

$

2,192

Difference in undiscounted and discounted future lease payments

$

90

Weighted average discount rate

 

1.97

%

Weighted average remaining lease term (years)

 

3.7

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