LOANS (Tables)

9 Months Ended

Mar. 31, 2022

Receivables [Abstract]

Schedule Of Loans And Lease Receivable

A summary of the balances of loans follows:

(In thousands)	March 31, 2022			June 30, 2021
Mortgage loans on real estate:
Residential:
1-4 family	$	140,080		$	139,687
Multifamily		15,353			15,868
Second mortgages and home equity lines of credit		1,955			2,454
Commercial		15,307			16,366
Total mortgage loans on real estate		172,695			174,375
Other loans:
Consumer		97			139
Home improvement		2,062			1,972
Total other loans		2,159			2,111
Total loans		174,854			176,486
Less: Allowance for loan losses		(1,747	)		(1,722	)
Net deferred loan fees		(349	)		(331	)
Loans, net	$	172,758		$	174,433

Schedule Of Allowance For Loan Losses And Allocation Of The Allowance To Loan Segments

Activity in the allowance for loan losses and allocation of the allowance to loan segments follows:

(In thousands)	Residential Real Estate			Commercial Real Estate			Consumer			Unallocated		Total
Balance at June 30, 2021	$	1,262		$	279		$	58		$	123	$	1,722
Provision (credit) for loan losses		(14	)		(14	)		-			53		25
Loans charged-off		-			-			-			-		-
Recoveries		-			-			-			-		-
Balance at December 31, 2021		1,248			265			58			176		1,747
Provision (credit) for loan losses		(10	)		(4	)		3			12		1
Loans charged-off		-			-			(1	)		-		(1	)
Recoveries		-			-			-			-		-
Balance at March 31, 2022	$	1,238		$	261		$	60		$	188	$	1,747
Balance at June 30, 2020	$	1,228		$	301		$	48		$	85	$	1,662
Provision (credit) for loan losses		24			(8	)		7			7		30
Loans charged-off		-			-			-			-		-
Recoveries		-			-			-			-		-
Balance at December 31, 2020		1,252			293			55			92		1,692
Provision (credit) for loan losses		(20	)		-			(2	)		37		15
Loans charged-off		-			-			-			-		-

Recoveries		-		-		-		-		-
Balance at March 31, 2021	$	1,232	$	293	$	53	$	129	$	1,707
March 31, 2022
Allowance for impaired loans	$	-	$	-	$	-	$	-	$	-
Allowance for non-impaired loans		1,238		261		60		188		1,747
Total allowance for loan losses	$	1,238	$	261	$	60	$	188	$	1,747
Impaired loans	$	-	$	-	$	-	$	-	$	-
Non-impaired loans		157,388		15,307		2,159		-		174,854
Total loans	$	157,388	$	15,307	$	2,159	$	-	$	174,854
December 31, 2021
Allowance for impaired loans	$	-	$	-	$	-	$	-	$	-
Allowance for non-impaired loans		1,248		265		58		176		1,747
Total allowance for loan losses	$	1,248	$	265	$	58	$	176	$	1,747
Impaired loans	$	-	$	-	$	-	$	-	$	-
Non-impaired loans		157,414		15,508		2,110		-		175,032
Total loans	$	157,414	$	15,508	$	2,110	$	-	$	175,032
June 30, 2021
Allowance for impaired loans	$	-	$	-	$	-	$	-	$	-
Allowance for non-impaired loans		1,262		279		58		123		1,722
Total allowance for loan losses	$	1,262	$	279	$	58	$	123	$	1,722
Impaired loans	$	-	$	-	$	-	$	-	$	-
Non-impaired loans		158,009		16,366		2,111		-		176,486
Total loans	$	158,009	$	16,366	$	2,111	$	-	$	176,486

Schedule Of Bank's Loans By Risk Ratings

The following table presents information on the Bank’s loans by risk ratings:

	March 31, 2022				June 30, 2021
(In thousands)	Residential Real Estate		Commercial Real Estate		Residential Real Estate		Commercial Real Estate
Pass	$	157,388	$	13,103	$	158,009	$	14,342
Special mention		-		2,204		-		2,024
	$	157,388	$	15,307	$	158,009	$	16,366