BANK-OWNED LIFE INSURANCE (Tables)

12 Months Ended

Jun. 30, 2022

Investments, All Other Investments [Abstract]

Schedule of Bank-Owned Life Insurance Activity

The following table summarizes the activity in the Company’s bank-owned life insurance (“BOLI”) as of the dates indicated:

(Dollars in thousands)	BOLI values
Balance as of June 30, 2019	$	6,969
Death benefits	(763)
Change in Contract Value	174
Balance as of June 30, 2020	6,380
Additions	50,000
Change in Contract Value	175
Balance as of June 30, 2021	56,555
Additions	100,000
Change in Contract Value	4,220
Balance as of June 30, 2022	$	160,775