v3.22.4
Leases (Tables)
 6 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Assets and Liabilities, Lessee
The following table presents supplemental balance sheet information related to operating leases. ROU assets are included in other assets and lease liabilities are included in other liabilities.
Supplemental Balance Sheet Information
December 31, 2022June 30, 2022
ROU assets$7,189 $5,846 
Lease liabilities8,235 6,641 
Weighted-average remaining lease terms (years)10.710.8
Weighted-average discount rate3.21 %2.90 %
Lessee, Operating Lease, Liability, Maturity
The following schedule summarizes aggregate future minimum lease payments under these operating leases at December 31, 2022:
Fiscal year ending June 30
Remaining 2023$846 
20241,247 
2025946 
2026821 
2027838 
Thereafter5,267 
Total undiscounted minimum lease payments9,965 
Less: amount representing interest(1,730)
Total lease liability$8,235 
Lease, Cost
The following table presents components of operating lease expense for the periods indicated:
Three Months Ended December 31,Six Months Ended December 31,
2022202120222021
Operating lease cost (included in occupancy expense, net)$345 $400 $692 $867 
Variable lease cost (included in occupancy expense, net)3 — 5 6 
Sublease income (included in other, noninterest income)(28)(47)(85)(94)
Total operating lease expense, net$320 $353 $612 $779 
Supplemental lease cash flow information for the periods indicated:
Six Months Ended December 31,
2022
2021
ROU assets - noncash additions (operating leases)$2,108 $946 
Cash paid for amounts included in the measurement of lease liabilities (operating leases)720 797 
Cash paid for amounts included in the measurement of lease liabilities (finance leases)67 67 
Finance Lease, Liability, Maturity
The following schedule summarizes aggregate future minimum lease payments under this finance lease obligation at December 31, 2022:
Fiscal year ending June 30
Remaining 2023$66 
2024145 
2025146 
2026146 
2027146 
Thereafter1,557 
Total undiscounted minimum lease payments2,206 
Less: amount representing interest(465)
Total lease liability$1,741 
Schedule of Total Equipment Finance Operating Lease Income and Depreciation Expense
The following table presents total equipment finance operating lease income and depreciation expense for the periods indicated:
Three Months Ended December 31,Six Months Ended December 31,
2022
2021
2022
2021
Operating lease income$1,156 $1,718 $2,741 $3,258 
Depreciation expense1,178 1,497 2,343 2,882 
Lessor, Operating Lease, Payments to be Received, Maturity
The following schedule summarizes, as of December 31, 2022, aggregate future minimum lease payments to be received:
Fiscal year ending June 30
Remaining 2023$3,498 
20245,088 
20251,869 
2026697 
2027113 
Thereafter— 
Total of future minimum lease payments$11,265 
Sales-type and Direct Financing Leases, Lease Receivable, Maturity
The following schedule summarizes, as of December 31, 2022, aggregate future minimum finance lease payments to be received:
Fiscal year ending June 30
Remaining 2023$12,478 
202420,448 
202515,905 
202611,646 
20276,650 
Thereafter5,658 
Total undiscounted minimum lease payments72,785 
Less: amount representing interest(8,874)
Total lease receivable$63,911