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COMMITMENTS AND CONTINGENCIES (Tables)
9 Months Ended
Mar. 31, 2023
Commitments and Contingencies Disclosure [Abstract]  
Loan Commitments

At March 31, 2023 and June 30, 2022, the following financial instruments were outstanding whose contract amounts represent credit risk:

(In thousands)

 

March 31, 2023

 

 

June 30, 2022

 

Commitments to grant loans

 

$

360

 

 

$

5,551

 

Unadvanced funds on construction loans

 

 

28

 

 

 

460

 

Unadvanced funds on equity lines of credit

 

 

4,119

 

 

 

4,305

 

Unadvanced funds on commercial and other lines of credit

 

 

956

 

 

 

1,188

 

COMMITMENTS AND CONTINGENCIES - Summary Of Future Minimum Rental Payments for Operating Leases future minimum rent commitments for the fiscal years ending 2023 through 2027 and thereafter are as follows:

 

 

Years ending

 

(In thousands)

 

June 30,

 

2023

 

$

31

 

2024

 

 

117

 

2025

 

 

117

 

2026

 

 

117

 

2027

 

 

119

 

Thereafter

 

 

655

 

Total minimum lease payments

 

$

1,156

 

Less: Imputed interest

 

 

(173

)

Total lease liability

 

$

983