SECURITIES (Tables)

9 Months Ended

Mar. 31, 2022

Investments, Debt and Equity Securities [Abstract]

Schedule Of Debt Securities Fair Value To Amortized Cost Basis

The amortized cost and fair value of securities, with gross unrealized gains and losses, follows:

	March 31, 2022
(In thousands)	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
Securities available for sale:
Government-sponsored enterprises:
Mortgage-backed securities	$	209	$	5	$	-		$	214
Collateralized mortgage obligations		17		-		-			17
Total securities available for sale	$	226	$	5	$	-		$	231
Securities held to maturity:
Government-sponsored enterprises:
Mortgage-backed securities	$	40,305	$	145	$	(1,286	)	$	39,164
Collateralized mortgage obligations		9		-		-			9
Municipal bonds		44,025		46		(3,147	)		40,924
Corporate bonds		50,380		133		(2,521	)		47,992
Total securities held to maturity	$	134,719	$	324	$	(6,954	)	$	128,089

	June 30, 2021
(In thousands)	Amortized  Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
Securities available for sale:
Government-sponsored enterprises:
Debt obligations	$	1,983	$	12	$	-		$	1,995
Mortgage-backed securities		260		12		-			272
Collateralized mortgage obligations		27		-		-			27
Total securities available for sale	$	2,270	$	24	$	-		$	2,294
Securities held to maturity:
Government-sponsored enterprises:
Debt obligations	$	1,001	$	12	$	-		$	1,013
Mortgage-backed securities		27,680		1,229		(12	)		28,897
Collateralized mortgage obligations		17		1		-			18
Municipal bonds		38,360		458		(216	)		38,602
Corporate bonds		38,056		936		(131	)		38,861
Total securities held to maturity	$	105,114	$	2,636	$	(359	)	$	107,391

Schedule Of Investments Classified by Contractual Maturity Date

The amortized cost and fair value of debt securities, by contractual maturity, is shown below. Expected maturities may differ from contractual maturities because issuers may have the right to call or prepay obligations with or without call or prepayment penalties.

	March 31, 2022
	Available for Sale				Held to Maturity
(In thousands)	Amortized Cost		Fair Value		Amortized Cost		Fair Value
Within 1 year	$	-	$	-	$	4,710	$	4,726
Over 1 year through 5 years		-		-		24,804		24,663
Over 5 years through 10 years		-		-		36,028		33,939
Over 10 years		-		-		28,863		25,588
		-		-		94,405		88,916
Mortgage-backed securities		209		214		40,305		39,164
Collateralized mortgage obligations		17		17		9		9
	$	226	$	231	$	134,719	$	128,089

Schedule Of Debt Securities Held To Maturity Securities Unrealized Loss Position Fair Value

Information pertaining to securities with gross unrealized losses at March 31, 2022 and June 30, 2021 aggregated by investment category and length of time that individual securities have been in a continuous loss position, follows:

	Less Than Twelve Months				Over Twelve Months
(In thousands)	Gross Unrealized Losses		Fair Value		Gross Unrealized Losses		Fair Value
March 31, 2022
Securities held to maturity:
Mortgage-backed securities	$	1,146	$	26,970	$	140	$	2,040
Municipal bonds		2,122		20,138		1,025		7,022
Corporate bonds		1,879		30,925		642		6,036
Total temporarily impaired securities held to maturity	$	5,147	$	78,033	$	1,807	$	15,098

	Less Than Twelve Months				Over Twelve Months
(In thousands)	Gross Unrealized Losses		Fair Value		Gross Unrealized Losses		Fair Value
June 30, 2021
Securities held to maturity:
Mortgage-backed securities	$	12	$	2,598	$	-	$	-
Municipal bonds		216		7,839		-		-
Corporate bonds		131		9,249		-		-
Total temporarily impaired securities held to maturity	$	359	$	19,686	$	-	$	-