Leases (Tables)

12 Months Ended

Jun. 30, 2024

Leases

Schedule of supplemental information related to operating leases

	As of June 30,
(In Thousands)	2024			2023
Consolidated Statements of Condition:
Premises and equipment - Operating lease right of use assets	$	1,356	$	2,147
Accounts payable, accrued interest and other liabilities – Operating lease liabilities	$	1,407	$	2,169
	Year Ended June 30,
		2024		2023
Consolidated Statements of Operations:
Premises and occupancy expenses from operating leases(1)	$	789	$	787
Equipment expenses from operating leases(1)		138		95
Total lease expense	$	927	$	882
Consolidated Statements of Cash Flows:
Operating cash flows from operating leases, net	$	884	$	879

(1) Includes immaterial variable lease costs.

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

The following table provides information related to remaining minimum contractual lease payments and other information associated with the Corporation’s leases as of June 30, 2024:

	Amount(1)
Year Ending June 30,	(In Thousands)
2025	$	678
2026		387
2027		192
2028		156
2029		74
Thereafter		—
Total contract lease payments	$	1,487
Total liability to make lease payments	$	1,407
Difference in undiscounted and discounted future lease payments	$	80
Weighted average discount rate		3.34	%
Weighted average remaining lease term (years)		3.0

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