Related-Party Transactions

12 Months Ended

Jun. 30, 2025

Related Party Transactions [Abstract]

Related-Party Transactions

16.Related-Party Transactions

In the ordinary course of business, the Bank has engaged, and continues to engage, in banking transactions with its directors, officers and their related parties.

At June 30, 2025, the Bank had $267,000 in outstanding loans to directors, officers and their related parties.

	June 30, 2025			June 30, 2024
	(In thousands)
Balance, beginning of year	$	330		$	532
New loans and advances		—			—
Repayments		(63	)		(202	)
Balance, end of year	$	267		$	330

Deposits from directors, officers and their related parties held by the Bank at June 30, 2025 and June 30, 2024 amounted to $14.1 million and $5.4 million, respectively.

The Company leases two branch facilities under agreements with companies directly or indirectly affiliated with a director, as a result of the Merger. Lease expense recognized in connection with these leases since the Merger amounted to $236,000 for the year ended June 30, 2025.