GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

12 Months Ended

Jun. 30, 2020

GOODWILL AND OTHER INTANGIBLE ASSETS

Schedule of acquired other intangible assets

Acquired other intangible assets were as follows (dollars in thousands):

	June 30,		June 30,
	2020		2019
Customer relationship intangibles:
Gross carrying amount	$	2,645	$	2,645
Less: accumulated amortization		(800)		(493)
Net carrying amount		1,845		2,152
Core deposit intangibles:
Gross carrying amount		562		562
Less: accumulated amortization		(248)		(191)
Net carrying amount		314		371
Total other intangible assets:
Gross carrying amount		3,207		3,207
Less: accumulated amortization		(1,048)		(684)
Net carrying amount	$	2,159	$	2,523

Schedule of estimated amortization expense for the next five years

Estimated amortization expense for the next five years is as follows (dollars in thousands):

Year ending June 30,
2021	$	337
2022		309
2023		281
2024		254
2025		226