Premises and Equipment

12 Months Ended

Jun. 30, 2025

Premises and Equipment [Abstract]

Premises and Equipment

Note 5. Premises and Equipment

A summary of the cost and accumulated depreciation of premises and equipment follows:

	2025			2024
	(In Thousands)
Land	$	4,720		$	4,720
Land Improvements		842			-
Buildings		16,706			15,066
Equipment		3,329			3,153
Construction in Progress		-			2,726
Leasehold Improvements		321			230
		25,918			25,895
Accumulated Depreciation		(8,652	)		(7,592	)
Total	$	17,266		$	18,303

Depreciation expense charged against operations for the years ended June 30, 2025 and 2024 was $1.1 million and $944,000, respectively.