Loans Receivable (Tables)

12 Months Ended

Jun. 30, 2025

Receivables [Abstract]

Summary of Loans

Loans at June 30, 2025 and June 30, 2024 are summarized as follows:

	June 30, 2025			June 30, 2024
	(In thousands)
Owner occupied commercial real estate loans	$	55,127		$	59,968
Other commercial real estate loans		72,542			75,782
Multi-family loans		219,934			180,364
Commercial and industrial loans		12,253			12,522
Total commercial loans		359,856			328,636
Residential mortgage loans		427,345			394,723
Consumer and other loans		13,038			11,658
Total loans		800,239			735,017
Allowance for credit losses		(5,362	)		(5,229	)
Deferred loan costs, net		2,289			2,071
Loans receivable, net	$	797,166		$	731,859

Financing Receivable, Allowance for Credit Loss

The following tables summarize the activity in the allowance for credit losses by loan class for the years ended June 30, 2025 and June 30, 2024.

	June 30, 2025
	Owner Occupied Commercial Real Estate			Other Commercial Real Estate			Multi- Family			Commercial and Industrial			Residential Mortgage		Consumer and Other		Total
	(In thousands)
Allowance for Credit Losses:
Beginning balance	$	1,331		$	502		$	1,998		$	146		$	1,175	$	77	$	5,229
Charge-offs		—			—			—			—			—		—		—
Recoveries		—			—			—			—			—		—		—
Provisions (credits)		(656	)		(323	)		(168	)		(11	)		1,133		158		133
Ending balance	$	675		$	179		$	1,830		$	135		$	2,308	$	235	$	5,362
Ending balance,
Individually evaluated    for impairment	$	—		$	—		$	—		$	—		$	—	$	—	$	—
Ending balance,
Collectively evaluated    for impairment	$	675		$	179		$	1,830		$	135		$	2,308	$	235	$	5,362
Loans Receivable:
Ending balance	$	55,127		$	72,542		$	219,934		$	12,253		$	427,345	$	13,038	$	800,239
Ending balance,
Individually evaluated    for impairment	$	—		$	—		$	—		$	—		$	—	$	—	$	—
Ending balance,
Collectively evaluated    for impairment	$	55,127		$	72,542		$	219,934		$	12,253		$	427,345	$	13,038	$	800,239

	June 30, 2024
	Owner Occupied Commercial Real Estate		Other Commercial Real Estate		Multi- Family		Commercial and Industrial		Residential Mortgage		Consumer and Other			Total
	(In thousands)
Allowance for Credit Losses:
Beginning balance	$	—	$	4	$	—	$	—	$	1,039	$	73		$	1,116
Impact of ASC 326		—		—		—		—		27		20			47
Charge-offs		—		—		—		—		—		—			—
Recoveries		—		—		—		—		—		—			—
Provisions (credits)		1,331		498		1,998		146		109		(16	)		4,066
Ending balance	$	1,331	$	502	$	1,998	$	146	$	1,175	$	77		$	5,229
Ending balance,
Individually evaluated    for impairment	$	—	$	—	$	—	$	—	$	—	$	—		$	—
Ending balance,
Collectively evaluated    for impairment	$	1,331	$	502	$	1,998	$	146	$	1,175	$	77		$	5,229
Loans Receivable:
Ending balance	$	59,968	$	75,782	$	180,364	$	12,522	$	394,723	$	11,658		$	735,017
Ending balance,
Individually evaluated    for impairment	$	—	$	—	$	—	$	50	$	—	$	—		$	50
Ending balance,
Collectively evaluated    for impairment	$	59,968	$	75,782	$	180,364	$	12,472	$	394,723	$	11,658		$	734,967

Summary of Classes of Loan Portfolio

The following tables present the credit risk profile of loans by class and fiscal year of origination as of June 30, 2025 and June 30, 2024:

	June 30, 2025
	2025		2024		2023		2022		2021		Prior		Revolving		Total
	(In thousands)
Owner Occupied Commercial    Real Estate
Risk Rating
Pass	$	—	$	7,013	$	6,761	$	7,897	$	5,335	$	28,121	$	—	$	55,127
Special mention		—		—		—		—		—		—		—		—
Substandard		—		—		—		—		—		—		—		—
Doubtful		—		—		—		—		—		—		—		—
Loss		—		—		—		—		—		—		—		—
Total Owner Occupied Commercial    Real Estate	$	—	$	7,013	$	6,761	$	7,897	$	5,335	$	28,121	$	—	$	55,127
Other Commercial Real Estate
Risk Rating
Pass	$	6,451	$	1,360	$	3,523	$	917	$	1,695	$	58,596	$	—	$	72,542
Special mention		—		—		—		—		—		—		—		—
Substandard		—		—		—		—		—		—		—		—
Doubtful		—		—		—		—		—		—		—		—
Loss		—		—		—		—		—		—		—		—
Total Other Commercial Real Estate	$	6,451	$	1,360	$	3,523	$	917	$	1,695	$	58,596	$	—	$	72,542
Multi-Family
Risk Rating
Pass	$	49,898	$	28,582	$	28,305	$	22,424	$	13,092	$	77,633	$	—	$	219,934
Special mention		—		—		—		—		—		—		—		—
Substandard		—		—		—		—		—		—		—		—
Doubtful		—		—		—		—		—		—		—		—
Loss		—		—		—		—		—		—		—		—
Total Multi-Family	$	49,898	$	28,582	$	28,305	$	22,424	$	13,092	$	77,633	$	—	$	219,934
Commercial and Industrial
Risk Rating
Pass	$	1,388	$	883	$	4,178	$	2,404	$	52	$	3,348	$	—	$	12,253
Special mention		—		—		—		—		—		—		—		—
Substandard		—		—		—		—		—		—		—		—
Doubtful		—		—		—		—		—		—		—		—
Loss		—		—		—		—		—		—		—		—
Total Commercial and Industrial	$	1,388	$	883	$	4,178	$	2,404	$	52	$	3,348	$	—	$	12,253
Residential Mortgage
Risk Rating
Pass	$	73,256	$	61,827	$	50,561	$	72,372	$	66,725	$	102,604	$	—	$	427,345
Special mention		—		—		—		—		—		—		—		—
Substandard		—		—		—		—		—		—		—		—
Doubtful		—		—		—		—		—		—		—		—
Loss		—		—		—		—		—		—		—		—
Total Residential Mortgage	$	73,256	$	61,827	$	50,561	$	72,372	$	66,725	$	102,604	$	—	$	427,345
Consumer and other
Risk Rating
Pass	$	1,313	$	1,231	$	357	$	730	$	1,116	$	1,638	$	6,653	$	13,038
Special mention		—		—		—		—		—		—		—		—
Substandard		—		—		—		—		—		—		—		—
Doubtful		—		—		—		—		—		—		—		—
Loss		—		—		—		—		—		—		—		—
Total Consumer and other	$	1,313	$	1,231	$	357	$	730	$	1,116	$	1,638	$	6,653	$	13,038
Total Loans
Pass	$	132,306	$	100,896	$	93,685	$	106,744	$	88,015	$	271,940	$	6,653	$	800,239
Special mention		—		—		—		—		—		—		—		—
Substandard		—		—		—		—		—		—		—		—
Doubtful		—		—		—		—		—		—		—		—
Loss		—		—		—		—		—		—		—		—
Total Loans	$	132,306	$	100,896	$	93,685	$	106,744	$	88,015	$	271,940	$	6,653	$	800,239
Gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

	June 30, 2024
	2024		2023		2022		2021		2020		Prior		Revolving		Total
	(In thousands)
Owner Occupied Commercial    Real Estate
Risk Rating
Pass	$	7,133	$	7,403	$	8,210	$	5,507	$	1,977	$	29,738	$	—	$	59,968
Special mention		—		—		—		—		—		—		—		—
Substandard		—		—		—		—		—		—		—		—
Doubtful		—		—		—		—		—		—		—		—
Loss		—		—		—		—		—		—		—		—
Total Owner Occupied Commercial    Real Estate	$	7,133	$	7,403	$	8,210	$	5,507	$	1,977	$	29,738	$	—	$	59,968
Other Commercial Real Estate
Risk Rating
Pass	$	1,379	$	3,978	$	3,168	$	1,745	$	10,938	$	54,574	$	—	$	75,782
Special mention		—		—		—		—		—		—		—		—
Substandard		—		—		—		—		—		—		—		—
Doubtful		—		—		—		—		—		—		—		—
Loss		—		—		—		—		—		—		—		—
Total Other Commercial Real Estate	$	1,379	$	3,978	$	3,168	$	1,745	$	10,938	$	54,574	$	—	$	75,782
Multi-Family
Risk Rating
Pass	$	21,100	$	29,070	$	25,713	$	14,135	$	8,989	$	81,357	$	—	$	180,364
Special mention		—		—		—		—		—		—		—		—
Substandard		—		—		—		—		—		—		—		—
Doubtful		—		—		—		—		—		—		—		—
Loss		—		—		—		—		—		—		—		—
Total Multi-Family	$	21,100	$	29,070	$	25,713	$	14,135	$	8,989	$	81,357	$	—	$	180,364
Commercial and Industrial
Risk Rating
Pass	$	1,225	$	4,158	$	2,722	$	90	$	1,470	$	2,807	$	—	$	12,472
Special mention		—		—		—		—		—		—		—		—
Substandard		—		—		—		—		—		50		—		50
Doubtful		—		—		—		—		—		—		—		—
Loss		—		—		—		—		—		—		—		—
Total Commercial and Industrial	$	1,225	$	4,158	$	2,722	$	90	$	1,470	$	2,857	$	—	$	12,522
Residential Mortgage
Risk Rating
Pass	$	69,868	$	54,675	$	76,714	$	74,771	$	30,347	$	88,348	$	—	$	394,723
Special mention		—		—		—		—		—		—		—		—
Substandard		—		—		—		—		—		—		—		—
Doubtful		—		—		—		—		—		—		—		—
Loss		—		—		—		—		—		—		—		—
Total Residential Mortgage	$	69,868	$	54,675	$	76,714	$	74,771	$	30,347	$	88,348	$	—	$	394,723
Consumer and other
Risk Rating
Pass	$	1,327	$	940	$	810	$	869	$	310	$	1,989	$	5,413	$	11,658
Special mention		—		—		—		—		—		—		—		—
Substandard		—		—		—		—		—		—		—		—
Doubtful		—		—		—		—		—		—		—		—
Loss		—		—		—		—		—		—		—		—
Total Consumer and other	$	1,327	$	940	$	810	$	869	$	310	$	1,989	$	5,413	$	11,658
Total Loans
Pass	$	102,032	$	100,224	$	117,337	$	97,117	$	54,031	$	258,813	$	5,413	$	734,967
Special mention		—		—		—		—		—		—		—		—
Substandard		—		—		—		—		—		50		—		50
Doubtful		—		—		—		—		—		—		—		—
Loss		—		—		—		—		—		—		—		—
Total Loans	$	102,032	$	100,224	$	117,337	$	97,117	$	54,031	$	258,863	$	5,413	$	735,017
Gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

The following tables present the recorded investment in loans receivable by major category and credit quality indicators at June 30, 2025 and June 30, 2024:

	June 30, 2025
	Pass		Special Mention		Substandard		Doubtful		Total
	(In thousands)
Owner occupied commercial real estate	$	55,127	$	—	$	—	$	—	$	55,127
Other commercial real estate		72,542		—		—		—		72,542
Multi-family		219,934		—		—		—		219,934
Commercial and industrial		12,253		—		—		—		12,253
Residential mortgage		427,345		—		—		—		427,345
Consumer and other		13,038		—		—		—		13,038
Total	$	800,239	$	—	$	—	$	—	$	800,239

	June 30, 2024
	Pass		Special Mention		Substandard		Doubtful		Total
	(In thousands)
Owner occupied commercial real estate	$	59,968	$	—	$	—	$	—	$	59,968
Other commercial real estate		75,782		—		—		—		75,782
Multi-family		180,364		—		—		—		180,364
Commercial and industrial		12,472		—		50		—		12,522
Residential mortgage		394,723		—		—		—		394,723
Consumer and other		11,658		—		—		—		11,658
Total	$	734,967	$	—	$	50	$	—	$	735,017

Schedule of Amortized Cost Basis of Non-accrual Loans and Loans 90 Days or More Past Due and Still Accruing, by Loan Portfolio Class With Related Allowance

The following table presents the amortized cost basis of non-accrual loans and loans 90 days or more past due and still accruing, by loan portfolio class with related allowance, as of June 30, 2025:

	June 30, 2025
	Non-Accrual Loans
	With a Related Allowance		Without a Related Allowance		Total
	(In thousands)
Commercial and Industrial	$	—	$	—	$	—

Summary of Impaired Loans by Loan Portfolio and Related Allowance

The following tables provide a breakdown of impaired loans by loan portfolio class and related allowance as of June 30, 2024:

	June 30, 2024
	Non-Accrual Loans
	With a Related Allowance		Without a Related Allowance		Total
	(In thousands)
Commercial and Industrial	$	—	$	50	$	50

Summary of Loans by Past Due Status

The following tables present the classes of loans summarized by the past due status as of June 30, 2025 and June 30, 2024:

	June 30, 2025
	30-59 Days Past Due		60-89 Days Past Due		90 Days or More Past Due and Still Accruing Past Due		Non- Accrual		Total Past Due		Total Current		Total
	(In thousands)
Owner occupied commercial real    estate	$	—	$	—	$	—	$	—	$	—	$	55,127	$	55,127
Other commercial real estate		—		—		—		—		—		72,542		72,542
Multi-family		—		—		—		—		—		219,934		219,934
Commercial and industrial		—		—		—		—		—		12,253		12,253
Residential mortgage		1,467		478		—		—		1,945		425,400		427,345
Consumer and other		67		—		—		—		67		12,971		13,038
Total	$	1,534	$	478	$	—	$	—	$	2,012	$	798,227	$	800,239

	June 30, 2024
	30-59 Days Past Due		60-89 Days Past Due		90 Days or More Past Due and Still Accruing Past Due		Non- Accrual		Total Past Due		Total Current		Total
	(In thousands)
Owner occupied commercial real    estate	$	—	$	—	$	—	$	—	$	—	$	59,968	$	59,968
Other commercial real estate		—		—		—		—		—		75,782		75,782
Multi-family		—		—		—		—		—		180,364		180,364
Commercial and industrial		—		—		—		50		50		12,472		12,522
Residential mortgage		572		—		—		—		572		394,151		394,723
Consumer and other		40		—		—		—		40		11,618		11,658
Total	$	612	$	—	$	—	$	50	$	662	$	734,355	$	735,017