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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities:    
Net income $ 10,279,000 $ 1,077,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 2,744,000 2,857,000
Provision for loan losses (550,000) 4,050,000
Net amortization on securities 1,676,000 763,000
ESOP compensation 581,000 534,000
Loss on bank-owned life insurance 47,000 28,000
Net gain on the sale or disposal of premises and equipment and other real estate owned (275,000) (12,000)
Proceeds from sale of loans 108,000 317,000
Net gain on sale of loans (3,000) (27,000)
Net loss (gain) on equity securities 37,000 (1,820,000)
Net gain on securities transactions (38,000)  
Deferred tax expense (benefit) 708,000 (1,202,000)
Increase in accrued interest receivable (577,000) (579,000)
Decrease in other assets 21,647,000 20,592,000
Decrease in other liabilities 13,583,000 6,075,000
Net cash provided by operating activities 49,967,000 32,653,000
Cash flows from investing activities:    
Proceeds from maturities, paydowns and calls of securities available for sale 103,808,000 56,543,000
Proceeds from sales of securities available for sale 5,267,000 0
Purchases of securities available for sale (342,842,000) (246,432,000)
Proceeds from maturities and paydowns of securities held to maturity 4,696,000 4,321,000
Purchases of securities held to maturity (17,770,000) (8,377,000)
Proceeds from sales of equity securities 803,000 7,474,000
Net purchases (redemptions) of FHLBNY stock 124,000 (205,000)
Net decrease in loans receivable 99,129,000 62,001,000
Purchases of premises and equipment (780,000) (596,000)
Proceeds from sale of premises and equipment, and other real estate owned 1,190,000 165,000
Cash paid for acquisitions (1,657,000)  
Net cash used in investing activities (148,032,000) (125,106,000)
Cash flows from financing activities:    
Net increase in deposits 149,387,000 260,746,000
Net decrease in mortgagors' escrow deposits (225,000) (233,000)
Net cash provided by financing activities 149,162,000 260,513,000
Net increase in cash and cash equivalents 51,097,000 168,060,000
Cash and cash equivalents at beginning of period 324,963,000 156,903,000
Cash and cash equivalents at end of period 376,060,000 324,963,000
Cash paid during the period for:    
Interest 1,461,000 2,122,000
Income taxes 1,500,000 2,000,000
Non-cash investing and financing activity:    
Loans transferred to other real estate owned 550,000 $ 258,000
Acquisition contingent consideration payable $ 858,000