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PREMISES AND EQUIPMENT
9 Months Ended
Mar. 31, 2022
Property, Plant and Equipment [Abstract]  
PREMISES AND EQUIPMENT REMISES AND EQUIPMENT

 

A summary of the cost and accumulated depreciation and amortization of premises and equipment follows:

 

(In thousands)

 

March 31, 2022

 

 

June 30, 2021

 

Land

 

$

1,553

 

 

$

1,553

 

Bank buildings

 

 

1,066

 

 

 

1,066

 

Building improvements

 

 

926

 

 

 

926

 

Furniture, fixtures and equipment

 

 

1,311

 

 

 

1,267

 

Leasehold improvements

 

 

167

 

 

 

167

 

 

 

 

5,023

 

 

 

4,979

 

Less accumulated depreciation and amortization

 

 

(1,713

)

 

 

(1,520

)

 

 

$

3,310

 

 

$

3,459

 

 

 

 

 

 

 

 

Depreciation and amortization expense for the three months ended March 31, 2022 and 2021 amounted to $63,000 and $68,000, respectively. Depreciation and amortization expense for the nine months ended March 31, 2022 and 2021 amounted to $193,000 and $202,000, respectively.