v3.26.1
Fair Value Measurements and Fair Value of Financial Instruments (Tables)
 9 Months Ended
Mar. 31, 2026
Fair Value Measurements and Fair Value of Financial Instruments [Abstract]  
Assets Measured at Fair Value on Recurring Basis
For assets measured at fair value on a recurring basis, the fair value measurements by level within the fair value hierarchy used are as follows:
 
                 
                         
           Fair Value Measurements Using  
           Quoted prices
in active
markets for
identical assets 		     Significant
other observable
inputs 		     Significant
unobservable
inputs 		 
(In thousands)
March 31, 2026 (Level 1) (Level 2)
 (Level 3) 
Assets:
                       
U.S. Treasury securities
 $ 5,789   $ -    $ 5,789   $ -  
U.S. government sponsored enterprises
   6,371       -      6,371       -  
State and political subdivisions
   215,643       -      215,643       -  
Mortgage-backed securities-residential
   50,879       -      50,879       -  
Mortgage-backed securities-multi-family
   75,904       -      75,904       -  
Corporate debt securities
   15,615       -      15,615       -  
Securities available-for-sale
   370,201       -      370,201       -  
Equity securities
   355     355       -        -  
Interest rate swaps
   3,823       -      3,823       -  
Total
 $ 374,379   $ 355   $ 374,024   $ -  
                         
Liabilities:
                       
Interest rate swaps
 $ 3,823   $ -    $ 3,823   $ -  
Total
 $ 3,823   $ -    $ 3,823   $ -  
                 
                         
           Fair Value Measurements Using  
           Quoted prices
in active markets
for identical assets 		     Significant
other observable
inputs 		     Significant
Unobservable
inputs 		 
(In thousands)
June 30, 2025    (Level 1)      (Level 2)      (Level 3)  
Assets:
                       
U.S. Treasury securities
 $ 10,453   $ -    $ 10,453   $ -  
U.S. government sponsored enterprises
   11,644       -      11,644       -  
State and political subdivisions
   209,844       -      209,844       -  
Mortgage-backed securities-residential
   31,587       -      31,587       -  
Mortgage-backed securities-multi-family
   74,597       -      74,597       -  
Corporate debt securities
   17,937       -      17,937       -  
Securities available-for-sale
   356,062       -      356,062       -  
Equity securities
   402     402       -        -  
Interest rate swaps
   4,733       -      4,733       -  
Total
 $ 361,197   $ 402   $ 360,795   $ -  
                         
Liabilities:
                       
Interest rate swaps
 $ 4,733   $ -    $ 4,733   $ -  
Total
 $ 4,733   $ -    $ 4,733   $ -  
Fair Value Measurements for Loans Evaluated Individually and Foreclosed Real Estate Such modifications to the appraised values could result in lower valuations of such collateral. Based on the valuation techniques used, the fair value measurements for foreclosed real estate are classified as Level 3.
                     
                          
      
 March 31, 2026  
 June 30, 2025  
(In thousands)
   Fair value
hierarchy 		     Carrying
amount 		     Estimated
fair value 		     Carrying
amount 		     Estimated
fair value 		 
Loans evaluated individually
  3   $915    443   $751   $202 
Carrying Amounts and Estimated Fair Value of Financial Instruments
The carrying amounts and estimated fair value of financial instruments are as follows:
 
                     
                     
                               
     March 31, 2026      Fair value measurements using  
(In thousands)
   Carrying
amount 		     Fair value      (Level 1)      (Level 2)      (Level 3)  
Cash and cash equivalents
 $ 139,450   $ 139,450   $ 139,450   $ -    $ -  
Long-term certificate of deposit
   1,225     1,226       -      1,226       -  
Securities available-for-sale
   370,201     370,201       -      370,201       -  
Securities held-to-maturity
   814,314     785,078       -      785,078       -  
Equity securities
   355     355     355       -        -  
Federal Home Loan Bank stock
   5,549     5,549       -      5,549       -  
Net loans receivable
   1,725,925     1,667,977       -        -      1,667,977 
Accrued interest receivable
   20,070     20,070       -      20,070       -  
Interest rate swap asset
   3,823     3,823       -      3,823       -  
                               
Deposits
   2,772,554     2,771,714       -      2,771,714       -  
Borrowings
   77,389     77,514       -      77,514       -  
Subordinated notes payable, net
   29,954     29,089       -      29,089       -  
Accrued interest payable
   707     707       -      707       -  
Interest rate swap liability
   3,823     3,823       -      3,823       -  
 
                               
     June 30, 2025    Fair value measurements using  
(In thousands)
   Carrying
amount 		     Fair value      (Level 1)      (Level 2)      (Level 3)  
Cash and cash equivalents
 $ 183,078  $ 183,078  $ 183,078  $ -   $ -  
Long-term certificate of deposit
  1,425    1,421      -     1,421      -  
Securities available-for-sale
  356,062    356,062      -     356,062      -  
Securities held-to-maturity
  776,147     738,134       -     738,134      -  
Equity securities
   402    402    402      -       -  
Federal Home Loan Bank stock
  5,504    5,504      -     5,504      -  
Net loans receivable
   1,607,260    1,536,150      -       -     1,536,150 
Accrued interest receivable
  16,381    16,381      -     16,381      -  
Interest rate swap asset
  4,733    4,733      -     4,733      -  
                               
Deposits
  2,639,835    2,639,246      -     2,639,246      -  
Borrowings
  78,189    78,346      -     78,346      -  
Subordinated notes payable, net
  49,867    48,485      -     48,485      -  
Accrued interest payable
  1,271    1,271      -     1,271      -  
Interest rate swap liability
  4,733    4,733      -     4,733      -