v3.25.2
Operating Leases (Tables)
12 Months Ended
Jun. 30, 2025
Operating Leases [Abstract]  
Quantitative Data Related to Operating Leases
The following includes quantitative data related to the Company’s operating leases as of June 30, 2025 and 2024:
 
        
(In thousands)
        
Operating lease amounts:
 
2025
    
2024
 
Right-of-use assets
$2,284   $2,071 
Lease liabilities
$2,366   $2,159 
          
Other information:
        
Operating outgoing cash flows from operating leases
$502   $471 
Right-of-use assets obtained in exchange for new operating lease liabilities
$648   $251 
          
 
        
(In thousands)         
Lease costs   2025      2024  
Operating lease cost $454   $426 
Variable lease cost $44   $44 
Undiscounted Cash Flows of Operating Lease Liabilities
The following is a schedule by year of the undiscounted cash flows of the operating lease liabilities, excluding common area maintenance charges and real estate taxes, as of June 30, 2025:
 
   
(In thousands, except weighted-average information)
  
Within the twelve months ended June 30,
  
2026
$
556
2027
 
534
2028
 
463
2029
 
319
2030
 
298
Thereafter
 
487
Total undiscounted cash flow
 
2,657
Less net present value adjustment
 
(291)
Lease liability
$
2,366
 
       
    2025     2024  
Weighted-average remaining lease term (years)  5.79   5.20 
Weighted-average discount rate  3.56%  3.03%