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Subsequent Events
9 Months Ended
Mar. 31, 2022
Subsequent Events  
Subsequent Events

Note 15 – Subsequent Events

On April 13, 2022, the Company prepaid a $5.0 million advance from the FHLB of Pittsburgh due to the low interest rate environment and incurred a $12 thousand prepayment penalty. On April 27, 2022, the Company prepaid the remaining $15.0 million of advances from the FHLB of Pittsburgh due to the low interest rate environment and incurred a total of $176 thousand of prepayment penalties.  

On April 20, 2022, the Company declared a cash dividend of $0.03 per share, payable on May 12, 2022, to common shareholders of record at the close of business on May 2, 2022.  

Since March 31, 2022, the Company purchased and retired 114,300 shares of its common stock at an average price per share of $12.40 as part of its previously announced stock repurchase program that commenced on March 25, 2022.