SECURITIES (Tables)

12 Months Ended

Jun. 30, 2023

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:

	June 30, 2023
(In thousands)	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
Securities available for sale:
Government-sponsored enterprises:
Mortgage-backed securities	$	147	$	-	$	(5	)	$	142
Collateralized mortgage obligations		4		-		-			4
Total securities available for sale	$	151	$	-	$	(5	)	$	146
Securities held to maturity:
Government-sponsored enterprises:
Debt obligations	$	996	$	-	$	(34	)	$	962
Mortgage-backed securities		46,619		-		(3,500	)		43,119
Collateralized mortgage obligations		1		-		-			1
Municipal bonds		43,865		3		(6,423	)		37,445
Corporate bonds		56,421		-		(5,675	)		50,746
Total securities held to maturity	$	147,902	$	3	$	(15,632	)	$	132,273

	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, at June 30, 2023 and June 30, 2022, 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.

	June 30, 2023
	Available for Sale				Held to Maturity
(In thousands)	Amortized Cost		Fair Value		Amortized Cost		Fair Value
Within 1 year	$	-	$	-	$	7,770	$	7,686
Over 1 year through 5 years		-		-		31,738		29,987
Over 5 years through 10 years		-		-		39,215		34,185
Over 10 years		-		-		22,559		17,295
		-		-		101,282		89,153
Mortgage-backed securities		147		142		46,619		43,119
Collateralized mortgage obligations		4		4		1		1
	$	151	$	146	$	147,902	$	132,273

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

Information pertaining to securities with gross unrealized losses at June 30, 2023 and 2022 aggregated by investment category and length of time that individual securities have been in a continuous loss position, follows:

	June 30, 2023
	Less Than Twelve Months				Over Twelve Months
(In thousands)	Gross Unrealized Losses		Fair Value		Gross Unrealized Losses		Fair Value
Securities available for sale:
Mortgage-backed securities	$	2	$	71	$	3	$	67
Total temporarily impaired securities available for sale	$	2	$	71	$	3	$	67
Securities held to maturity:
Mortgage-backed securities	$	336	$	10,494	$	3,164	$	32,597
Debt obligations		34		962		-		-
Municipal bonds		111		6,280		6,312		27,676
Corporate bonds		318		9,534		5,357		40,213
Total temporarily impaired securities held to maturity	$	799	$	27,270	$	14,833	$	100,486

	June 30, 2022
	Less Than Twelve Months				Over Twelve Months
(In thousands)	Gross Unrealized Losses		Fair Value		Gross Unrealized Losses		Fair Value
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