Related Party Events

12 Months Ended

Jun. 30, 2025

Related Party Events [Abstract]

Related Party Events

Note 15. Related Party Events

In the ordinary course of business, the Bank makes loans to its directors and officers.  These loans are made on substantially the same terms and conditions, including interest rates and collateral, as those prevailing at the same time for comparable transactions with other customers and do not involve more than normal credit risk or present other unfavorable features.

An analysis of the activity in loans made to such borrowers (both direct and indirect), including lines of credit, is summarized as follows for the years ended June 30, 2025 and 2024:

	2025			2024
	(In Thousands)
Balance – Beginning of Year	$	4,300		$	4,398
Additions		674			1,124
Principal Payments		(591	)		(1,222	)
Balance – End of Year	$	4,383		$	4,300

Deposits from related parties held by the Bank at June 30, 2025 and 2024 amounted to $3.3 million and $3.7 million, respectively.