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LEASES (Tables)
6 Months Ended
Dec. 31, 2024
LEASES  
Schedule of quantitative data related to operating and finance leases

    

June 30,

December 31, 2024

2024

2023

(In thousands, except weighted-average information)

Right of use assets:

 Finance leases

$

480

$

532

$

608

 Operating leases

 

4,352

 

5,223

 

5,448

$

4,832

$

5,755

$

6,056

Lease liabilities:

 

 

 

 Finance leases

$

596

$

634

$

711

 Operating leases

4,640

5,505

5,713

$

5,236

$

6,139

$

6,424

Other information:

Weighted-average remaining lease term for finance leases (in years)

77.8

71.6

64.9

Weighted-average remaining lease term for operating leases (in years)

13.2

13.2

14.2

Weighted-average discount rate for finance leases

5.87

%

5.78

%

5.62

%

Weighted-average discount rate for operating leases

3.96

%

3.90

%

3.87

%

    

For the Six Months Ended December 31,

    

For the Fiscal Year Ended June 30,

2024

2023

2024

2023

(Dollars in thousands)

Lease expense:

 

 

 

 

 Finance lease expense

   Amortization of ROU assets

$

52

$

49

$

101

$

99

   Interest on lease liabilities

16

16

32

32

 Operating lease expense

325

321

647

606

 Variable lease expense

118

119

241

219

Total

$

511

$

505

$

1,021

$

956

Other information:

Cash paid for amounts included in the measurement of lease liabilities:

Operating cash flows from finance leases (i.e. interest)

$

1

$

1

$

32

$

17

Finance cash flows from finance leases (i.e. principal portion)

$

53

$

50

$

102

$

114

Operating cash flows from operating leases

$

319

$

309

$

627

$

585

ROU assets obtained in exchange for new finance lease liabilities

$

$

$

26

$

ROU assets obtained in exchange for new operating lease liabilities

$

$

199

$

199

$

Schedule of maturities of finance and operating lease liabilities

Finance leases

Operating leases

(Dollars in thousands)

Within the twelve months ended December 31, 

2025

$

97

$

616

2026

36

530

2027

36

483

2028

36

452

2029

30

394

Thereafter

2,550

3,538

Total undiscounted cash flows

2,785

6,013

 Less: present value discount

(2,189)

(1,373)

Total lease liabilities

$

596

$

4,640