Available for Sale Securities (Tables)
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9 Months Ended |
Mar. 31, 2026 |
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| Available for Sale Securities |
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| Schedule of available for sale securities |
| | | | | | | | | | | | | | | | | | March 31, 2026 | | | | | | Gross | | Gross | | Allowance | | Estimated | | | Amortized | | Unrealized | | Unrealized | | for | | Fair | (dollars in thousands) | | Cost | | Gains | | Losses | | Credit Losses | | Value | | | | | | | | | | | | | | | | | Debt securities: | | | | | | | | | | | | | | | | Obligations of states and political subdivisions | | $ | 25,635 | | $ | 21 | | $ | (1,240) | | $ | — | | $ | 24,416 | Corporate obligations | | | 28,556 | | | 136 | | | (268) | | | — | | | 28,424 | Asset-backed securities | | | 38,827 | | | 447 | | | (143) | | | — | | | 39,131 | Other securities | | | 3,199 | | | 10 | | | (44) | | | — | | | 3,165 | Total debt securities | | | 96,217 | | | 614 | | | (1,695) | | | — | | | 95,136 | | | | | | | | | | | | | | | | | Mortgage-backed securities (MBS) and collateralized mortgage obligations (CMOs): | | | | | | | | | | | | | | | | Residential MBS issued by governmental sponsored enterprises (GSEs) | | | 130,951 | | | 1,837 | | | (4,239) | | | — | | | 128,549 | Commercial MBS issued by GSEs | | | 103,740 | | | 419 | | | (4,350) | | | — | | | 99,809 | CMOs issued by GSEs | | | 119,799 | | | 295 | | | (4,473) | | | — | | | 115,621 | Total MBS and CMOs | | | 354,490 | | | 2,551 | | | (13,062) | | | — | | | 343,979 | Total AFS securities | | $ | 450,707 | | $ | 3,165 | | $ | (14,757) | | $ | — | | $ | 439,115 |
| | | | | | | | | | | | | | | | | | June 30, 2025 | | | | | | Gross | | Gross | | Allowance | | Estimated | | | Amortized | | Unrealized | | Unrealized | | for | | Fair | (dollars in thousands) | | Cost | | Gains | | Losses | | Credit Losses | | Value | | | | | | | | | | | | | | | | | Debt securities: | | | | | | | | | | | | | | | | Obligations of states and political subdivisions | | $ | 26,030 | | $ | 5 | | $ | (1,772) | | $ | — | | $ | 24,263 | Corporate obligations | | | 31,199 | | | 75 | | | (632) | | | — | | | 30,642 | Asset-backed securities | | | 42,059 | | | 567 | | | (145) | | | — | | | 42,481 | Other securities | | | 4,007 | | | 10 | | | (53) | | | — | | | 3,964 | Total debt securities | | | 103,295 | | | 657 | | | (2,602) | | | — | | | 101,350 | | | | | | | | | | | | | | | | | Mortgage-backed securities (MBS) and collateralized mortgage obligations (CMOs): | | | | | | | | | | | | | | | | Residential MBS issued by governmental sponsored enterprises (GSEs) | | | 138,377 | | | 1,623 | | | (5,005) | | | — | | | 134,995 | Commercial MBS issued by GSEs | | | 96,377 | | | 446 | | | (4,821) | | | — | | | 92,002 | CMOs issued by GSEs | | | 137,346 | | | 402 | | | (5,251) | | | — | | | 132,497 | Total MBS and CMOs | | | 372,100 | | | 2,471 | | | (15,077) | | | — | | | 359,494 | Total AFS securities | | $ | 475,395 | | $ | 3,128 | | $ | (17,679) | | $ | — | | $ | 460,844 |
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| Schedule of amortized cost and fair value of available-for-sale securities, by contractual maturity |
| | | | | | | | | March 31, 2026 | | | Amortized | | Estimated | (dollars in thousands) | | Cost | | Fair Value | Within one year | | $ | 7,058 | | $ | 7,075 | After one year but less than five years | | | 24,539 | | | 24,376 | After five years but less than ten years | | | 29,657 | | | 28,616 | After ten years | | | 34,963 | | | 35,069 | Total investment securities | | | 96,217 | | | 95,136 | MBS and CMOs | | | 354,490 | | | 343,979 | Total AFS securities | | $ | 450,707 | | $ | 439,115 |
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| Schedule of available-for-sale securities, continuous unrealized loss position and fair Value |
| | | | | | | | | | | | | | | | | | | | | March 31, 2026 | | | Less than 12 months | | 12 months or more | | Total | | | | | | Unrealized | | | | | Unrealized | | | | | Unrealized | (dollars in thousands) | | Fair Value | | Losses | | Fair Value | | Losses | | Fair Value | | Losses | Obligations of state and political subdivisions | | $ | 5,033 | | $ | 32 | | $ | 12,868 | | $ | 1,208 | | $ | 17,901 | | $ | 1,240 | Corporate obligations | | | 5,697 | | | 39 | | | 7,187 | | | 229 | | | 12,884 | | | 268 | Asset-backed securities | | | 12,274 | | | 28 | | | 867 | | | 115 | | | 13,141 | | | 143 | Other securities | | | — | | | — | | | 2,880 | | | 44 | | | 2,880 | | | 44 | MBS and CMOs | | | 37,460 | | | 125 | | | 149,735 | | | 12,937 | | | 187,195 | | | 13,062 | Total AFS securities | | $ | 60,464 | | $ | 224 | | $ | 173,537 | | $ | 14,533 | | $ | 234,001 | | $ | 14,757 |
| | | | | | | | | | | | | | | | | | | | | June 30, 2025 | | | Less than 12 months | | 12 months or more | | Total | | | | | | Unrealized | | | | | Unrealized | | | | | Unrealized | (dollars in thousands) | | Fair Value | | Losses | | Fair Value | | Losses | | Fair Value | | Losses | Obligations of state and political subdivisions | | $ | 4,882 | | $ | 84 | | $ | 15,807 | | $ | 1,688 | | $ | 20,689 | | $ | 1,772 | Corporate obligations | | | 1,936 | | | 6 | | | 18,194 | | | 626 | | | 20,130 | | | 632 | Asset-backed securities | | | 3,281 | | | 2 | | | 839 | | | 143 | | | 4,120 | | | 145 | Other securities | | | 15 | | | — | | | 3,578 | | | 53 | | | 3,593 | | | 53 | MBS and CMOs | | | 57,829 | | | 465 | | | 158,105 | | | 14,612 | | | 215,934 | | | 15,077 | Total AFS securities | | $ | 67,943 | | $ | 557 | | $ | 196,523 | | $ | 17,122 | | $ | 264,466 | | $ | 17,679 |
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