Operating leases (Tables)

6 Months Ended

Dec. 31, 2019

Operating leases [Abstract]

Quantitative Data Related to Operating Leases

The following includes quantitative data related to the Company’s operating leases as of December 31, 2019:

(In thousands, except weighted-average information).
Operating Lease Amounts	December 31, 2019
Right-of-use assets	$	1,701
Lease liabilities	$	1,707
Other Information:
Operating outgoing cash flows from operating leases	$	155
Right-of-use assets obtained in exchange for new operating lease liabilities	$	1,840
Weighted-average remaining lease term (Years)		7.62
Weighted-average discount rate		2.51	%

	Three months ended December 31,		Six months ended December 31,
(In thousands)
Lease Costs
Operating lease cost	$	70	$	142
Variable lease cost	$	10	$	20

Undiscounted Cash Flows of Operating Lease Liabilities

The following is a schedule by year of the undiscounted cash flows of the operating lease liabilities, excluding common area maintenance charges and real estate taxes, as of December 31, 2019:

(in thousands)
Within the twelve months ended December 31,
2020	$	281
2021		283
2022		226
2023		208
2024		218
Thereafter		667
Total undiscounted cash flow		1,883
Less net present value adjustment		(176	)
Lease Liability	$	1,707