PREMISES AND EQUIPMENT

12 Months Ended

Jun. 30, 2022

Property, Plant and Equipment [Abstract]

PREMISES AND EQUIPMENT

5. Premises and Equipment

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

(Dollars in thousands)	June 30, 2022			June 30, 2021
Land	$	1,553		$	1,553
Bank buildings		1,066			1,066
Building improvements		926			926
Furniture, fixtures and equipment		1,225			1,267
Leasehold improvements		167			167
		4,937			4,979
Less accumulated depreciation and amortization		(1,603	)		(1,520	)
	$	3,334		$	3,459

Depreciation and amortization expense for the years ended June 30, 2022 and 2021 amounted to $255,000 and $270,000, respectively.