Leases (Tables)

3 Months Ended

Sep. 30, 2023

Leases

Schedule of supplemental information related to operating leases

	As of
(In Thousands)	September 30, 2023			June 30, 2023
Condensed Consolidated Statements of Condition:
Premises and equipment - Operating lease right of use assets	$	1,934	$	2,147
Accounts payable, accrued interest and other liabilities – Operating lease liabilities	$	1,968	$	2,169

	Quarter Ended
	September 30,
(In Thousands)	2023			2022
Condensed Consolidated Statements of Operations:
Premises and occupancy expenses from operating leases(1)	$	213	$	193
Equipment expenses from operating leases		34		22
Total lease expense	$	247	$	215

(1) Includes immaterial variable lease costs.

	Quarter Ended		Quarter Ended
(In Thousands)	September 30, 2023		September 30, 2022
Condensed Consolidated Statements of Cash Flows:
Operating cash flows from operating leases, net	$	231	$	219

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

	Amount(1)
Year Ending June 30,	(In Thousands)
2024	$	649
2025		674
2026		383
2027		188
2028		151
Thereafter		33
Total contract lease payments	$	2,078
Total liability to make lease payments	$	1,968
Difference in undiscounted and discounted future lease payments	$	110
Weighted average discount rate		3.16	%
Weighted average remaining lease term (years)		3.2

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