FAIR VALUE OF ASSETS AND LIABILITIES (Tables)

6 Months Ended

Dec. 31, 2024

Fair Value Disclosures [Abstract]

Summary Of Generally Accepted Accounting Principles

The following table summarizes financial assets and liabilities measured at fair value on a recurring basis as of December 31, 2024 and June 30, 2024.

	December 31, 2024
(In thousands)	Carrying  Value		Level 1		Level 2		Level 3		Total
Assets:
Cash and cash equivalents	$	28,829	$	28,829	$	-	$	-	$	28,829
Securities available for sale		103		-		103		-		103
Securities held to maturity		147,917		-		135,388		-		135,388
Federal Home Loan Bank of Boston stock		704		-		-		704		704
Loans, net		167,152		-		-		150,905		150,905
Accrued interest receivable		1,355		-		-		1,355		1,355
Liabilities:
Deposits		270,358		-		-		252,949		252,949
Long-term borrowings		10,350		-		-		10,366		10,366
	June 30, 2024
(In thousands)	Carrying  Value		Level 1		Level 2		Level 3		Total
Assets:
Cash and cash equivalents	$	26,959	$	26,959	$	-	$	-	$	26,959
Securities available for sale		113		-		113		-		113
Securities held to maturity		146,994		-		133,420		-		133,420
Federal Home Loan Bank of Boston stock		704		-		-		704		704
Loans, net		170,438		-		-		152,164		152,164
Accrued interest receivable		1,398		-		-		1,398		1,398
Liabilities:
Deposits		270,841		-		-		251,463		251,463
Short-term borrowings		10,350		-		-		10,282		10,282