PREMISES AND EQUIPMENT

6 Months Ended

Dec. 31, 2022

Property, Plant and Equipment [Abstract]

PREMISES AND EQUIPMENT

5.PREMISES AND EQUIPMENT

A summary of the cost and accumulated depreciation and amortization of premises and equipment follows:

(In thousands)	December 31, 2022			June 30, 2022
Land	$	1,553		$	1,553
Bank buildings		1,066			1,066
Building improvements		926			926
Furniture, fixtures and equipment		1,268			1,225
Leasehold improvements		167			167
		4,980			4,937
Accumulated depreciation and amortization		(1,708	)		(1,603	)
	$	3,272		$	3,334

Depreciation and amortization expense for the three and six months ended December 31, 2022 amounted to $58,000 and $122,000, respectively. Depreciation expense for the three and six months ended December 31, 2021 amounted to $65,000 and $130,000, respectively.