Deposits (Tables)

12 Months Ended

Jun. 30, 2023

Deposits

Schedule of deposits

Deposits at June 30, 2023 and 2022 consisted of the following:

	June 30, 2023				June 30, 2022
(Dollars in Thousands)	Interest Rate	Amount			Interest Rate	Amount
Checking deposits – noninterest-bearing	—	$	103,006		—	$	125,089
Checking deposits – interest-bearing(1)	0.00% - 0.20%		302,872		0.00% - 0.20%		335,788
Savings deposits(1)	0.00% - 0.70%		290,204		0.00% - 0.70%		333,581
Money market deposits(1)	0.00% - 2.00%		33,551		0.00% - 2.00%		39,897
Time deposits:
Under $100(1)(2)	0.00% - 5.25%		154,316		0.00% - 2.13%		60,721
$100 and over	0.07% - 5.35%		66,622		0.05% - 2.13%		60,428
Total deposits(3)		$	950,571			$	955,504
Weighted-average interest rate on deposits			0.73	%			0.11	%

(1) Certain interest-bearing checking, savings, money market and time deposits require a minimum balance to earn interest.

(2) Includes brokered certificates of deposit of $106.4 million and $0 at June 30, 2023 and 2022, respectively.

(3) Includes uninsured deposits of approximately $140.1 million and $173.7 million at June 30, 2023 and 2022, respectively.

Schedule of aggregate annual maturities of time deposits

The aggregate annual maturities of time deposits at June 30, 2023 and 2022 were as follows:

	June 30,
(In Thousands)	2023		2022
One year or less	$	166,501	$	78,644
Over one to two years		37,062		20,600
Over two to three years		9,922		13,890
Over three to four years		3,069		3,552
Over four to five years		2,578		3,186
Over five years		1,806		1,277
Total time deposits	$	220,938	$	121,149

Schedule of interest expense on deposits

	Year Ended June 30,
(In Thousands)	2023		2022
Checking deposits – interest-bearing	$	140	$	149
Savings deposits		168		172
Money market deposits		87		71
Time deposits		2,751		752
Total interest expense on deposits	$	3,146	$	1,144