v3.26.1
Leases (Tables)
12 Months Ended
Jun. 30, 2026
Leases  
Schedule of supplemental information related to leases

  ​ ​ ​

As of June 30, 

(In Thousands)

2026

2025

Consolidated Statements of Condition:

 

  ​

 

  ​

Operating Leases:

Premises and equipment - Operating lease right of use assets

$

2,087

 

$

1,651

Accounts payable, accrued interest and other liabilities – Operating lease liabilities

$

2,103

$

1,682

Finance Leases:

Premises and equipment at cost

$

84

$

84

Accumulated amortization

(27)

(9)

Premises and equipment - Finance lease right-of-use assets

$

57

$

75

Borrowings - Finance lease liabilities

$

46

 

$

73

Year Ended June 30, 

(In Thousands)

2026

2025

Consolidated Statements of Operations:

 

  ​

 

  ​

Operating lease expense:

Premises and occupancy expenses from operating leases(1)

$

680

 

$

685

Equipment expenses from operating leases(1)

 

74

Total operating lease expense

680

759

Finance lease expense:

Equipment expenses from finance leases(1)

23

13

Interest on finance lease liabilities

3

2

Total finance lease expense

26

15

Total lease expense

$

706

$

774

(1) Includes immaterial variable lease costs.

Year Ended June 30, 

(In Thousands)

2026

2025

Consolidated Statements of Cash Flows:

 

  ​

 

 

  ​

Operating cash used for operating leases, net

$

695

$

765

Operating cash used for finance leases, net

$

8

$

5

Financing cash used for finance leases, net

$

27

$

11

Right-of-use assets obtained in exchange for lease obligations:

Operating leases

$

1,035

$

979

Finance leases

$

 

$

84

Schedule of remaining minimum contractual operating lease payments

The following table provides information related to remaining minimum contractual lease payments and other information associated with the Corporation’s leases as of June 30, 2026:

Operating Leases

Finance Leases

  ​ ​ ​

Amount(1)

 

Amount(1)

 

Year Ending June 30, 

 

(In Thousands)

(In Thousands)

2027

$

703

$

30

2028

 

672

17

2029

 

377

2030

 

247

2031

 

236

Thereafter

 

39

Total contract lease payments

$

2,274

$

47

Total liability to make lease payments

$

2,103

$

46

Difference in undiscounted and discounted future lease payments

$

171

$

1

Weighted average discount rate

 

4.08

%

4.50

%

Weighted average remaining lease term (years)

 

3.8

1.6

(1)Contractual base rents do not include property taxes and other operating expenses due under respective lease agreements.
Schedule of remaining minimum contractual finance lease payments

The following table provides information related to remaining minimum contractual lease payments and other information associated with the Corporation’s leases as of June 30, 2026:

Operating Leases

Finance Leases

  ​ ​ ​

Amount(1)

 

Amount(1)

 

Year Ending June 30, 

 

(In Thousands)

(In Thousands)

2027

$

703

$

30

2028

 

672

17

2029

 

377

2030

 

247

2031

 

236

Thereafter

 

39

Total contract lease payments

$

2,274

$

47

Total liability to make lease payments

$

2,103

$

46

Difference in undiscounted and discounted future lease payments

$

171

$

1

Weighted average discount rate

 

4.08

%

4.50

%

Weighted average remaining lease term (years)

 

3.8

1.6

(1)Contractual base rents do not include property taxes and other operating expenses due under respective lease agreements.