LOANS (Tables)

3 Months Ended

Sep. 30, 2022

Receivables [Abstract]

Schedule Of Loans And Lease Receivable

A summary of the balances of loans follows:

(In thousands)	September 30, 2022			June 30, 2022
Mortgage loans on real estate:
Residential:
1-4 family	$	143,417		$	141,073
Multifamily		13,055			14,310
Second mortgages and home equity lines of credit		2,514			1,970
Construction		415			375
Commercial		15,639			14,761
Total mortgage loans on real estate		175,040			172,489
Consumer loans:
Consumer		71			84
Home improvement		2,231			2,116
Total other loans		2,302			2,200
Total loans		177,342			174,689
Less: Allowance for loan losses		(1,747	)		(1,747	)
Net deferred loan fees		(350	)		(349	)
Loans, net	$	175,245		$	172,593

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			Residential Real Estate Construction		Commercial Real Estate			Consumer		Unallocated			Total
Balance at June 30, 2022	$	1,223		$	3	$	252		$	61	$	208		$	1,747
Provision (credit) for loan losses		(10	)		1		14			4		(9	)		-
Loans charged-off		-			-		-			-		-			-
Recoveries		-			-		-			-		-			-
Balance at September 30, 2022	$	1,213		$	4	$	266		$	65	$	199		$	1,747
Balance at June 30, 2021	$	1,262		$	-	$	279		$	58	$	123		$	1,722
Provision (credit) for loan losses		(37	)		-		(4	)		1		55			15
Loans charged-off		-			-		-			-		-			-
Recoveries		-			-		-			-		-			-
Balance at September 30, 2021	$	1,225		$	-	$	275		$	59	$	178		$	1,737
September 30, 2022
Allowance for impaired loans	$	-		$	-	$	-		$	-	$	-		$	-
Allowance for non-impaired loans		1,213			4		266			65		199			1,747
Total allowance for loan losses	$	1,213		$	4	$	266		$	65	$	199		$	1,747
Impaired loans	$	-		$	-	$	-		$	-	$	-		$	-
Non-impaired loans		158,986			415		15,639			2,302		-			177,342
Total loans	$	158,986		$	415	$	15,639		$	2,302	$	-		$	177,342
June 30, 2022
Allowance for impaired loans	$	-		$	-	$	-		$	-	$	-		$	-
Allowance for non-impaired loans		1,223			3		252			61		208			1,747
Total allowance for loan losses	$	1,223		$	3	$	252		$	61	$	208		$	1,747
Impaired loans	$	-			-	$	-		$	-	$	-		$	-
Non-impaired loans		157,353			375		14,761			2,200		-			174,689
Total loans	$	157,353		$	375	$	14,761		$	2,200	$	-		$	174,689

Schedule Of Bank's Loans By Risk Ratings

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

	September 30, 2022				June 30, 2022
(In thousands)	Residential Real Estate		Commercial Real Estate		Residential Real Estate		Commercial Real Estate
Pass	$	156,716	$	15,639	$	157,728	$	14,761
Special mention		2,685		-		-		-
	$	159,401	$	15,639	$	157,728	$	14,761

At September 30, 2022 residential real estate included $415,000 of pass rated residential construction loans. At September 30, 2022 and June 30, 2022, there were no loans rated substandard, doubtful or loss.