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Leases (Tables)
3 Months Ended
Sep. 30, 2022
Leases  
Schedule of supplemental information related to operating leases

    

As of

(In Thousands)

September 30, 2022

June 30, 2022

Condensed Consolidated Statements of Condition:

 

  

 

  

Premises and equipment - Operating lease right of use assets

$

1,764

 

$

1,969

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

$

1,789

 

$

1,998

Quarter Ended

    

September 30, 

    

(In Thousands)

2022

2021

Condensed Consolidated Statements of Operations:

 

  

 

  

Premises and occupancy expenses from operating leases(1)

$

193

 

$

200

Equipment expenses from operating leases

$

22

 

$

23

(1)Includes immaterial variable lease costs.

    

Quarter Ended

Quarter Ended

(In Thousands)

September 30, 2022

September 30, 2021

Condensed Consolidated Statements of Cash Flows:

 

  

 

  

Operating cash flows from operating leases, net

$

219

 

$

232

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

    

Amount(1)

 

Year Ending June 30, 

 

(In Thousands)

2023

$

614

2024

 

555

2025

 

400

2026

 

236

2027

 

39

Thereafter

 

Total contract lease payments

$

1,844

Total liability to make lease payments

$

1,789

Difference in undiscounted and discounted future lease payments

$

55

Weighted average discount rate

 

1.97

%

Weighted average remaining lease term (years)

 

2.9

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