The following table summarizes the amortized
cost and fair value of securities available-for-sale and securities held-to-maturity at March 31, 2026 and June 30, 2025, the corresponding
amounts of gross unrealized gains recognized in accumulated other comprehensive income and gross unrecognized gains and losses:
| | |
March 31, 2026 | |
| (in thousands) | |
Amortized
cost | | |
Gross
unrealized
gains | | |
Gross
unrealized
losses | | |
Estimated
fair value | |
| Available-for-sale Securities | |
| | |
| | |
| | |
| |
| Agency mortgage-backed: residential | |
$ | 10,378 | | |
$ | 2 | | |
$ | 115 | | |
$ | 10,265 | |
| | |
| | | |
| | | |
| | | |
| | |
| Held-to-maturity Securities | |
| | | |
| | | |
| | | |
| | |
| Agency mortgage-backed: residential | |
$ | 143 | | |
$ | 1 | | |
$ | 3 | | |
$ | 141 | |
| | |
June 30, 2025 | |
| (in thousands) | |
Amortized
cost | | |
Gross
unrealized
gains | | |
Gross
unrealized
losses | | |
Estimated
fair value | |
| Available-for-sale Securities | |
| | |
| | |
| | |
| |
| Agency mortgage-backed: residential | |
$ | 9,950 | | |
$ | - | | |
$ | 193 | | |
$ | 9,757 | |
| | |
| | | |
| | | |
| | | |
| | |
| Held-to-maturity Securities | |
| | | |
| | | |
| | | |
| | |
| Agency mortgage-backed: residential | |
$ | 171 | | |
$ | - | | |
$ | 4 | | |
$ | 167 | |
Available-for-Sale
| (in thousands) | |
Amortized
cost | | |
Gross
unrealized
losses | | |
Fair value | |
| Less Than 12 Months | |
| | |
| | |
| |
| Agency mortgage-backed securities | |
$ | 2,563 | | |
$ | 6 | | |
$ | 2,557 | |
| 12 Months or More | |
| | | |
| | | |
| | |
| Agency mortgage-backed securities | |
| 5,957 | | |
| 109 | | |
| 5,848 | |
| Total | |
$ | 8,520 | | |
$ | 115 | | |
$ | 8,405 | |
Held to Maturity
| (in thousands) | |
Amortized
cost | | |
Gross
unrealized
losses | | |
Fair value | |
| Less Than 12 Months | |
| | |
| | |
| |
| Agency mortgage-backed securities | |
$ | - | | |
$ | - | | |
$ | - | |
| 12 Months or More | |
| | | |
| | | |
| | |
| Agency mortgage-backed securities | |
| 83 | | |
| 3 | | |
| 80 | |
| Total | |
$ | 83 | | |
$ | 3 | | |
$ | 80 | |
Available-for-Sale
| (in thousands) | |
Amortized
cost | | |
Gross
unrealized
losses | | |
Fair value | |
| Less Than 12 Months | |
| | |
| | |
| |
| Agency mortgage-backed securities | |
$ | 2,000 | | |
$ | 20 | | |
$ | 1,980 | |
| 12 Months or More | |
| | | |
| | | |
| | |
| Agency mortgage-backed securities | |
| 6,700 | | |
$ | 173 | | |
$ | 6,527 | |
| Total temporarily impaired AFS securities | |
$ | 8,700 | | |
$ | 193 | | |
$ | 8,507 | |
Held to Maturity
| (in thousands) | |
Amortized
cost | | |
Gross
unrealized
losses | | |
Fair value | |
| Less Than 12 Months | |
| | |
| | |
| |
| Agency mortgage-backed securities | |
$ | - | | |
$ | - | | |
$ | - | |
| 12 Months or More | |
| | | |
| | | |
| | |
| Agency mortgage-backed securities | |
| 171 | | |
| 4 | | |
| 167 | |
| Total temporarily impaired HTM securities | |
$ | 171 | | |
$ | 4 | | |
$ | 167 | |
|