SECURITIES (Tables)

3 Months Ended

Sep. 30, 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:

	September 30, 2022
(In thousands)	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
Securities available for sale:
Government-sponsored enterprises:
Mortgage-backed securities	$	173	$	-	$	(1	)	$	172
Collateralized mortgage obligations		11		-		-			11
Total securities available for sale	$	184	$	-	$	(1	)	$	183
Securities held to maturity:
Government-sponsored enterprises:
Debt obligations	$	994	$	-	$	(29	)	$	965
Mortgage-backed securities		51,097		1		(4,219	)		46,879
Collateralized mortgage obligations		5		-		-			5
Municipal bonds		46,489		1		(7,359	)		39,131
Corporate bonds		53,556		-		(6,761	)		46,795
Total securities held to maturity	$	152,141	$	2	$	(18,368	)	$	133,775

	June 30, 2022
(In thousands)	Amortized  Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
Securities available for sale:
Government-sponsored enterprises:
Mortgage-backed securities	$	186	$	-	$	-		$	186
Collateralized mortgage obligations		13		-		-			13
Total securities available for sale	$	199	$	-	$	-		$	199
Securities held to maturity:
Government-sponsored enterprises:
Mortgage-backed securities	$	47,741	$	26	$	(1,895	)	$	45,872
Collateralized mortgage obligations		7		-		-			7
Municipal bonds		45,776		23		(5,172	)		40,627
Corporate bonds		51,715		20		(4,648	)		47,087
Total securities held to maturity	$	145,239	$	69	$	(11,715	)	$	133,593

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.

	September 30, 2022
	Available for Sale				Held to Maturity
(In thousands)	Amortized Cost		Fair Value		Amortized Cost		Fair Value
Within 1 year	$	-	$	-	$	5,514	$	5,478
Over 1 year through 5 years		-		-		28,424		26,942
Over 5 years through 10 years		-		-		40,991		34,960
Over 10 years		-		-		26,110		19,511
		-		-		101,039		86,891
Mortgage-backed securities		173		172		51,097		46,879
Collateralized mortgage obligations		11		11		5		5
	$	184	$	183	$	152,141	$	133,775

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

Information pertaining to securities with gross unrealized losses at September 30, 2022 or June 30, 2022 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
September 30, 2022
Securities available for sale:
Mortgage-backed securities	$	1	$	137	$	-	$	-
Total temporarily impaired securities available for sale	$	1	$	137	$	-	$	-
Securities held to maturity:
Mortgage-backed securities	$	3,413	$	41,971	$	806	$	4,756
Debt obligations		29		965		-		-
Municipal bonds		3,367		26,960		3,992		10,765
Corporate bonds		4,564		38,044		2,197		8,750
Total temporarily impaired securities held to maturity	$	11,373	$	107,940	$	6,995	$	24,271

	Less Than Twelve Months				Over Twelve Months
(In thousands)	Gross Unrealized Losses		Fair Value		Gross Unrealized Losses		Fair Value
June 30, 2022
Securities held to maturity:
Mortgage-backed securities	$	1,712	$	39,843	$	183	$	1,855
Municipal bonds		3,520		25,976		1,652		6,394
Corporate bonds		3,679		37,015		969		5,682
Total temporarily impaired securities held to maturity	$	8,911	$	102,834	$	2,804	$	13,931