Debt Securities (Tables)

9 Months Ended

Mar. 31, 2022

Investments, Debt and Equity Securities [Abstract]

Schedule of Available-for-sale Securities Reconciliation

Debt securities available for sale consist of the following at the dates indicated:

	March 31, 2022
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair Value
U.S. government agencies	$	18,988	$	34	$	(446)	$	18,576
MBS, residential	34,641		86		(664)		34,063
Municipal bonds	5,558		109		—		5,667
Corporate bonds	48,943		22		(956)		48,009
Total	$	108,130	$	251	$	(2,066)	$	106,315

	June 30, 2021
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair Value
U.S. government agencies	$	18,975	$	135	$	(37)	$	19,073
MBS, residential	42,119		1,339		(54)		43,404
Municipal bonds	9,098		453		—		9,551
Corporate bonds	84,301		257		(127)		84,431
Total	$	154,493	$	2,184	$	(218)	$	156,459

Investments Classified by Contractual Maturity Date

Debt securities available for sale by contractual maturity at March 31, 2022 and June 30, 2021 are shown below. MBS 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.

	March 31, 2022
	Amortized Cost		Estimated Fair Value
Due within one year	$	33,546	$	33,497
Due after one year through five years	33,384		32,322
Due after five years through ten years	6,559		6,433
Due after ten years	—		—
MBS, residential	34,641		34,063
Total	$	108,130	$	106,315

	June 30, 2021
	Amortized Cost		Estimated Fair Value
Due within one year	$	34,615	$	34,684
Due after one year through five years	73,249		73,633
Due after five years through ten years	4,510		4,738
Due after ten years	—		—
MBS, residential	42,119		43,404
Total	$	154,493	$	156,459

Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value

The gross unrealized losses and the fair value for debt securities available for sale aggregated by the length of time that individual securities have been in a continuous unrealized loss position as of March 31, 2022 and June 30, 2021 were as follows:

	March 31, 2022
	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	$	14,554	$	(446)	$	—	$	—	$	14,554	$	(446)
MBS, residential	21,093		(546)		2,290		(118)		23,383		(664)
Corporate bonds	23,888		(265)		14,309		(691)		38,197		(956)
Total	$	59,535	$	(1,257)	$	16,599	$	(809)	$	76,134	$	(2,066)

	June 30, 2021
	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	$	14,963	$	(37)	$	—	$	—	$	14,963	$	(37)
MBS, residential	5,212		(28)		1,205		(26)		6,417		(54)
Corporate bonds	19,873		(127)		—		—		19,873		(127)
Total	$	40,048	$	(192)	$	1,205	$	(26)	$	41,253	$	(218)