FEDERAL HOME LOAN BANK (FHLB) ADVANCES (Tables)

9 Months Ended

Mar. 31, 2020

Federal Home Loan Bank, Advances, General Debt Obligations, Disclosures [Abstract]

Schedule of Contractual Maturities of Federal Home Loan Bank Long-Term Advances

The following table presents contractual maturities of FHLB long-term advances as of March 31, 2020 and June 30, 2019.

					Weighted-			Stated interest
	Maturity range				average			rate range							March 31,			June 30,
Description	from		to		interest rate 3			from			to				2020			2019
															(Dollars in Thousands)
Fixed		10/01/20		10/03/22		3.03	%		2.95	%		3.09	%	$		15,000	$		15,000
Adjustable		10/01/20		10/01/21		1.98	%		1.73	%		2.16	%			85,000			85,000
Total														$		100,000	$		100,000

Maturities of Federal Home Loan Bank Long-Term Advances

Maturities of FHLB long-term advances at March 31, 2020, are summarized as follows:

Maturing During Fiscal Year Ended                          June 30:		Amount		Weighted-       Average       Interest Rate
		(Dollars in Thousands)
2020	$		-		-
2021			65,000		1.99%
2022			30,000		2.31%
2023			5,000		3.09%
2024			-		-
2025 and thereafter			-		-
Total	$		100,000		2.14%

Schedule of Federal Home Loan Bank Short-Term Advances

The following table presents information regarding such advances as of March 31, 2020 and June 30, 2019:

		March 31,         2020				June 30,         2019
		(Dollars in Thousands)
FHLB revolving and short-term advances:
Ending balance	$		60,802		$		70,828
Average balance			58,090				81,556
Maximum month-end balance			68,030				161,289
Average interest rate			1.97	%			2.45	%
Weighted-average rate			0.36	%			2.46	%