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Leases (Tables)
9 Months Ended
Mar. 31, 2024
Leases [Abstract]  
Schedule of Other Information Related to Operating Leases The operating lease agreements recognized on the Consolidated Statements of Financial Condition as a right-of-use asset and a

corresponding lease liability, as well as other information related to the Company's operating leases, are summarized in the table below.

 

 

Nine Months Ended March 31,

 

 

2024

 

 

2023

 

 

(Dollars in thousands)

 

Cash paid for amounts included in the
   measurement of lease liabilities

 

$

965

 

 

$

5

 

Weighted-average remaining lease term, in years

 

 

2.4

 

 

 

3.2

 

Weighted-average discount rate

 

 

1.8

 

 

 

3.3

 

Schedule of Future Undiscounted Minimum Leases Payment for Operating Leases

Future undiscounted minimum lease payments for operating leases with initial terms of one year or more as of March 31, 2024 are as follows:

 

March 31, 2024

 

(Dollars in
thousands)

 

2024

 

$

872

 

2025

 

 

716

 

2026

 

 

504

 

2027

 

 

393

 

2028

 

 

278

 

Thereafter

 

 

176

 

Total future minimum lease payments

 

 

2,939

 

Less: imputed interest

 

 

(80

)

 Total

 

$

2,859