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PREMISES AND EQUIPMENT
12 Months Ended
Jun. 30, 2024
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)

 

June 30, 2024

 

 

June 30, 2023

 

Land

 

$

1,553

 

 

$

1,553

 

Bank buildings

 

 

1,066

 

 

 

1,066

 

Building improvements

 

 

944

 

 

 

937

 

Furniture, fixtures and equipment

 

 

1,267

 

 

 

1,239

 

Leasehold improvements

 

 

321

 

 

 

321

 

 

 

 

5,151

 

 

 

5,116

 

Accumulated depreciation and amortization

 

 

(1,905

)

 

 

(1,703

)

 

 

$

3,246

 

 

$

3,413

 

Depreciation and amortization expense for the years ended June 30, 2024 and 2023 amounted to $238,000 and $235,000, respectively.