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DEPOSITS (Tables)
12 Months Ended
Jun. 30, 2023
Statistical Disclosure for Banks [Abstract]  
Summary of Deposit Balance A summary of deposit balances, by type, is as follows:

 

(In thousands)

 

June 30, 2023

 

 

June 30, 2022

 

NOW and demand

 

$

61,538

 

 

$

64,163

 

Regular and other

 

 

64,184

 

 

 

75,774

 

Money market deposits

 

 

26,995

 

 

 

47,010

 

Total non-certificate accounts

 

 

152,717

 

 

 

186,947

 

Term certificates of $250,000 or more

 

 

24,340

 

 

 

24,608

 

Term certificates less than $250,000

 

 

86,319

 

 

 

75,520

 

Total certificate accounts

 

 

110,659

 

 

 

100,128

 

Total deposits

 

$

263,376

 

 

$

287,075

 

Summary of Accounts By Maturity

A summary of certificate accounts by maturity is as follows:

 

 

 

June 30, 2023

 

 

June 30, 2022

 

(Dollars in thousands)

 

Amount

 

 

Weighted Average Rate

 

 

Amount

 

 

Weighted Average Rate

 

Due within 3 months

 

$

11,171

 

 

 

1.11

%

 

$

24,873

 

 

 

0.45

%

Over 3 months to 1 year

 

 

83,590

 

 

 

3.23

 

 

 

53,974

 

 

 

0.77

 

Over 1 year to 2 years

 

 

11,813

 

 

 

2.33

 

 

 

14,307

 

 

 

0.96

 

Over 2 years to 3 years

 

 

1,900

 

 

 

0.61

 

 

 

5,277

 

 

 

0.92

 

Over 3 years to 5 years

 

 

2,185

 

 

 

2.49

 

 

 

1,697

 

 

 

0.65

 

 

 

$

110,659

 

 

 

2.86

%

 

$

100,128

 

 

 

0.73

%