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DEPOSITS (Tables)
12 Months Ended
Jun. 30, 2020
DEPOSITS  
Schedule of deposit account balances

Deposit account balances are summarized as follows (dollars in thousands):

 

 

 

 

 

 

 

 

 

    

June 30, 

    

June 30, 

 

 

2020

 

2019

Non-interest bearing demand accounts

 

$

437,536

 

$

357,523

Interest-bearing accounts:

 

 

  

 

 

  

Interest-bearing demand accounts

 

 

110,711

 

 

220,546

Savings accounts

 

 

258,581

 

 

250,856

Money market accounts

 

 

343,763

 

 

371,828

Time deposits

 

 

119,559

 

 

130,565

Total interest bearing accounts

 

 

832,614

 

 

973,795

Total deposits

 

$

1,270,150

 

$

1,331,318

 

Schedule of maturities of time deposits

Scheduled maturities of time deposits for the next five years are as follows (dollars in thousands):

 

 

 

 

 

Year ending June 30, 

    

 

 

2021

 

$

81,836

2022

 

 

17,391

2023

 

 

11,309

2024

 

 

6,109

2025

 

 

2,914

 

 

$

119,559