DEPOSITS

6 Months Ended

Dec. 31, 2024

DEPOSITS

DEPOSITS

9.       DEPOSITS

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

	December 31,		June 30,
	2024		2024		2023
Non-interest bearing demand accounts	$	454,296	$	445,328	$	526,119
Interest-bearing accounts:
Interest-bearing demand accounts		138,427		157,962		138,817
Savings accounts		260,178		266,274		297,003
Money market accounts		558,484		513,658		462,935
Time deposits		174,798		167,030		116,977
Total interest bearing accounts		1,131,887		1,104,924		1,015,732
Total deposits	$	1,586,183	$	1,550,252	$	1,541,851

Overdrawn demand deposit balances of $238,000, $201,000 and $92,000 were reclassified as loan balances as of December 31, 2024 and June 30, 2024 and 2023, respectively.

Time deposits outstanding that had balances of $250,000 and over amounted to approximately $19.1 million, $16.5 million and $9.9 million at December 31, 2024 and June 30, 2024 and 2023, respectively.

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

Year ending December 31,
2025	$	165,993
2026		5,343
2027		1,774
2028		834
2029		854
	$	174,798

Deposits of related parties amounted to $1.2 million, $879,000 and $8.8 million at December 31, 2024, June 30, 2024 and 2023, respectively.