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Debt Securities (Tables)
12 Months Ended
Jun. 30, 2020
Investments, Debt and Equity Securities [Abstract]  
Schedule of Available-for-sale Securities Reconciliation
Securities available for sale consist of the following at the dates indicated:
 
June 30, 2020
 
Amortized
Cost
 
Gross
Unrealized
Gains
 
Gross
Unrealized
Losses
 
Estimated
Fair
Value
U.S. government agencies
$
3,957

 
$
216

 
$

 
$
4,173

Residential MBS of U.S. government agencies and GSEs
46,629

 
1,776

 
(50
)
 
48,355

Municipal bonds
16,090

 
541

 

 
16,631

Corporate bonds
58,242

 
270

 
(134
)
 
58,378

Total
$
124,918

 
$
2,803

 
$
(184
)
 
$
127,537

 
June 30, 2019
 
Amortized
Cost
 
Gross
Unrealized
Gains
 
Gross
Unrealized
Losses
 
Estimated
Fair
Value
U.S. government agencies
$
15,099

 
$
122

 
$
(11
)
 
$
15,210

Residential MBS of U.S. government agencies and GSEs
74,778

 
586

 
(184
)
 
75,180

Municipal bonds
24,896

 
423

 
(7
)
 
25,312

Corporate bonds
6,061

 
43

 
(20
)
 
6,084

Equity securities

 

 


 
$

Total
$
120,834

 
$
1,174

 
$
(222
)
 
$
121,786

Investments Classified by Contractual Maturity Date
Debt securities available for sale by contractual maturity at the dates indicated are shown below. Mortgage-backed securities are not included in the maturity categories because the borrowers in the underlying pools may prepay without penalty; therefore, it is unlikely that the securities will pay at their stated maturity schedule.
 
June 30, 2020
 
Amortized
Cost
 
Estimated
Fair Value
Due within one year
$
29,190

 
$
29,247

Due after one year through five years
44,881

 
45,516

Due after five years through ten years
2,434

 
2,630

Due after ten years
1,784

 
1,789

Mortgage-backed securities
46,629

 
48,355

Total
$
124,918

 
$
127,537

 
June 30, 2019
 
Amortized
Cost
 
Estimated
Fair Value
Due within one year
$
5,350

 
$
5,359

Due after one year through five years
30,526

 
30,784

Due after five years through ten years
5,538

 
5,798

Due after ten years
4,642

 
4,665

Mortgage-backed securities
74,778

 
75,180

Total
$
120,834

 
$
121,786

Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value
The gross unrealized losses and the fair value for securities available for sale aggregated by the length of time that individual securities have been in a continuous unrealized loss position as of June 30, 2020 and June 30, 2019 were as follows:
 
June 30, 2020
 
Less than 12 Months
 
12 Months or More
 
Total
 
Fair
Value
 
Unrealized
Losses
 
Fair
Value
 
Unrealized
Losses
 
Fair
Value
 
Unrealized
Losses
Residential MBS of U.S. government agencies and GSEs
$
227

 
$
(10
)
 
$
2,435

 
$
(40
)
 
$
2,662

 
$
(50
)
Corporate bonds
11,779

 
(134
)
 

 

 
11,779

 
(134
)
Total
$
12,006

 
$
(144
)
 
$
2,435

 
$
(40
)
 
$
14,441

 
$
(184
)
 
June 30, 2019
 
Less than 12 Months
 
12 Months or More
 
Total
 
Fair
Value
 
Unrealized
Losses
 
Fair
Value
 
Unrealized
Losses
 
Fair
Value
 
Unrealized
Losses
U.S. government agencies
$

 
$

 
$
6,988

 
$
(11
)
 
$
6,988

 
$
(11
)
Residential MBS of U.S. government agencies and GSEs
1,144

 
(3
)
 
24,242

 
(181
)
 
25,386

 
(184
)
Municipal bonds

 

 
4,895

 
(7
)
 
4,895

 
(7
)
Corporate bonds
$
393

 
$
(5
)
 
$
3,630

 
$
(15
)
 
$
4,023

 
$
(20
)
Total
$
1,537

 
$
(8
)
 
$
39,755

 
$
(214
)
 
$
41,292

 
$
(222
)