Deposits

12 Months Ended

Jun. 30, 2022

Deposits.

Deposits

Note 9 – Deposits

Deposits and their respective weighted-average interest rates consist of the following major classifications as of June 30, 2022 and 2021:

	June 30, 2022				June 30, 2021
			Weighted				Weighted
(Dollars in thousands)	Amount		Average Rate		Amount		Average Rate
Non-interest bearing checking	$	75,758	—	%	$	51,086	—	%
Interest bearing checking		122,675	0.13			104,214	0.08
Money market accounts		171,316	0.30			136,719	0.33
Savings and club accounts		105,507	0.05			100,781	0.10
Certificates of deposit		131,361	0.89			160,303	1.18
	$	606,617	0.31	%	$	553,103	0.45	%

Time deposit accounts outstanding as of June 30, 2022 mature as follows:

(In thousands)	June 30, 2022
Twelve months ending:
2023	$	79,479
2024		24,359
2025		10,558
2026		8,051
2027		7,145
Thereafter		1,769
	$	131,361

The aggregate amount of certificates of deposit accounts in denominations of $250 thousand or more totaled $8.9 million and $13.2 million at June 30, 2022 and 2021, respectively.