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Deposits
12 Months Ended
Jun. 30, 2023
Deposits [Abstract]  
DEPOSITS

NOTE G - DEPOSITS

 

Deposits consist of the following major classifications at June 30:

 

(in thousands)  2023   2022 
Non-interest bearing checking accounts  $12,333   $15,726 
Checking accounts   19,068    23,902 
Savings Accounts   49,477    62,649 
Money market demand deposits   8,116    12,875 
Total demand, transaction and passbook deposits   88,994    115,152 
Certificates of deposit   137,315    124,705 
Total deposits  $226,309   $239,857 

 

 Maturities of outstanding certificates of deposit at June 30 are summarized as follows:

 

(in thousands)   2023 
2024   $119,479 
2025    13,081 
2026    1,868 
2027    1,167 
2028 and thereafter    1,720 
    $137,315 

 

 At June 30, 2023 and 2022, the Company had certificate of deposit accounts with balances equal to or in excess of $250,000 totaling approximately $14.7 million and $13.1 million, respectively. Brokered certificates of deposit totaled $21.0 million at June 30, 2023.