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

    

As of

(In Thousands)

September 30, 2021

June 30, 2021

Consolidated Statements of Condition:

 

  

 

  

Premises and equipment - Operating lease right of use assets

$

1,904

 

$

2,117

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

$

1,970

 

$

2,192

Quarter Ended September 30, 

2021

2020

Consolidated Statements of Operations:

 

  

 

  

Premises and occupancy expenses from operating leases(1)

$

200

 

$

199

Equipment expenses from operating leases

$

23

 

$

12

Consolidated Statements of Cash Flows:

 

  

 

 

  

Operating cash flows from operating leases, net

$

232

 

$

226

(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

$

655

2023

 

506

2024

 

359

2025

 

255

2026

 

236

Thereafter

 

39

Total contract lease payments

$

2,050

Total liability to make lease payments

$

1,970

Difference in undiscounted and discounted future lease payments

$

80

Weighted average discount rate

 

2.01

%

Weighted average remaining lease term (years)

 

3.6

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