Deposits

12 Months Ended

Jun. 30, 2023

Deposits.

Deposits

Note 9 – Deposits

Deposits and their respective weighted-average interest rates consist of the following major classifications as of June 30, 2023 and 2022:

	June 30, 2023				June 30, 2022
			Weighted				Weighted
(Dollars in thousands)	Amount		Average Rate		Amount		Average Rate
Non-interest bearing checking	$	60,872	—	%	$	75,758	—	%
Interest bearing checking		116,700	0.91			122,675	0.13
Money market accounts		208,020	2.77			171,316	0.30
Savings and club accounts		90,291	0.05			105,507	0.05
Certificates of deposit		159,377	2.30			131,361	0.89
	$	635,260	1.66	%	$	606,617	0.31	%

Time deposit accounts outstanding as of June 30, 2023 mature as follows:

(In thousands)	June 30, 2023
Twelve months ending:
2024	$	121,678
2025		20,810
2026		6,642
2027		5,654
2028		4,117
Thereafter		476
	$	159,377

The aggregate amount of certificates of deposit accounts in denominations of $250 thousand or more totaled $17.8 million and $8.9 million at June 30, 2023 and 2022, respectively.