Provident Financial (PROV) 10-K2 Sep 222022 FY Annual reportFinancial data

Company Profile

Document and Entity Information

Document and Entity Information - USD ($) $ in Millions	12 Months Ended
Document and Entity Information - USD ($) $ in Millions	Jun. 30, 2022	Aug. 31, 2022	Dec. 31, 2021
Document and Entity Information
Document Type	10-K
Document Annual Report	true
Document Period End Date	Jun. 30, 2022
Document Transition Report	false
Entity File Number	000-28304
Entity Registrant Name	PROVIDENT FINANCIAL HOLDINGS, INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	33-0704889
Entity Address, Address Line One	3756 Central Avenue
Entity Address, City or Town	Riverside
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	92506
City Area Code	951
Local Phone Number	686-6060
Title of 12(b) Security	Common Stock, par value $.01 per share
Trading Symbol	PROV
Security Exchange Name	NASDAQ
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	false
Entity Shell Company	false
Entity Public Float			$ 109.7
Entity Common Stock, Shares Outstanding		7,265,518
Auditor Name	Deloitte & Touche LLP
Auditor Firm ID	34
Auditor Location	Costa Mesa, California
Entity Central Index Key	0001010470
Current Fiscal Year End Date	--06-30
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	FY
Amendment Flag	false

Consolidated Statements of Fina

Consolidated Statements of Financial Condition - USD ($) $ in Thousands	Jun. 30, 2022	Jun. 30, 2021
Assets
Cash and cash equivalents	$ 23,414	$ 70,270
Investment securities - held to maturity, at cost	185,745	223,306
Investment securities - available for sale, at fair value	2,676	3,587
Loans held for investment, net of allowance for loan losses of $5,564 and $7,587, respectively; includes $1,396 and $1,874 of loans held at fair value, respectively; $570.4 million and $607.0 million pledged to FHLB - San Francisco, respectively	939,992	850,960
Accrued interest receivable	2,966	2,999
Federal Home Loan Bank ("FHLB") - San Francisco stock	8,239	8,155
Premises and equipment, net	8,826	9,377
Prepaid expenses and other assets	15,180	14,942
Total assets	1,187,038	1,183,596
Liabilities:
Non interest-bearing deposits	125,089	123,179
Interest-bearing deposits	830,415	814,794
Total deposits	955,504	937,973
Borrowings	85,000	100,983
Accounts payable, accrued interest and other liabilities	17,884	17,360
Total liabilities	1,058,388	1,056,316
Commitments and Contingencies (Note 13)
Stockholders' equity:
Preferred stock, $0.01 par value (2,000,000 shares authorized; none issued and outstanding)
Common stock, $0.01 par value; (40,000,000 shares authorized; 18,229,615 and 18,229,615 shares issued; 7,285,184 and 7,541,469 shares outstanding, respectively)	183	183
Additional paid-in capital	98,826	97,978
Retained earnings	202,680	197,733
Treasury stock at cost (10,944,431 and 10,688,146 shares, respectively)	(173,041)	(168,686)
Accumulated other comprehensive income, net of tax	2	72
Total stockholders' equity	128,650	127,280
Total liabilities and stockholders' equity	$ 1,187,038	$ 1,183,596

Consolidated Statements of Fi_2

Consolidated Statements of Financial Condition (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2022	Jun. 30, 2021
Consolidated Statements of Financial Condition
Allowance for loan losses on loans held for investment (in dollars)	$ 5,564	$ 7,587
Loans held for investment fair value (in dollars)	1,396	1,874
Collateral pledged on Federal Home Loan Bank advances	$ 570,400	$ 607,000
Preferred stock par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock shares authorized	2,000,000	2,000,000
Preferred stock shares issued	0	0
Preferred stock shares outstanding	0	0
Common stock par value (in dollars per share)	$ 0.01	$ 0.01
Common stock shares authorized	40,000,000	40,000,000
Common stock shares issued	18,229,615	18,229,615
Common stock shares outstanding	7,285,184	7,541,469
Treasury stock shares	10,944,431	10,688,146

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Interest income:
Loans receivable, net	$ 32,161	$ 32,856
Investment securities	1,906	1,849
FHLB - San Francisco stock	489	418
Interest-earning deposits	174	78
Total interest income	34,730	35,201
Interest expense:
Deposits	1,144	1,745
Borrowings	1,991	2,817
Total interest expense	3,135	4,562
Net interest income	31,595	30,639
Recovery from the allowance for loan losses	2,462	708
Net interest income, after recovery from the the allowance for loan losses	34,057	31,347
Non-interest income:
Loan servicing and other fees	1,056	1,170
Other	719	551
Total non-interest income	4,716	4,573
Non-interest expense:
Salaries and employee benefits	15,833	15,157
Premises and occupancy	3,189	3,500
Equipment expense	1,282	1,153
Professional expense	1,419	1,561
Sales and marketing expense	642	680
Deposit insurance premium and regulatory assessments	543	552
Other	3,007	3,130
Total non-interest expense	25,915	25,733
Income before income taxes	12,858	10,187
Provision for income taxes	3,765	2,626
Net income	$ 9,093	$ 7,561
Basic earnings per share	$ 1.23	$ 1.01
Diluted earnings per share	$ 1.22	$ 1
Deposit account fees
Non-interest income:
Total non-interest income	$ 1,302	$ 1,247
Card and processing fees
Non-interest income:
Total non-interest income	$ 1,639	$ 1,605

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Consolidated Statements of Comprehensive Income
Net income	$ 9,093	$ 7,561
Change in unrealized holding losses on securities available for sale and interest-only strips	(99)	(45)
Other comprehensive loss, before income tax benefit	(99)	(45)
Income tax benefit	(29)	(13)
Other comprehensive loss	(70)	(32)
Total comprehensive income	$ 9,023	$ 7,529

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands		Common Stock	Additional Paid-In Capital	Retained Earnings	Treasury Stock	Accumulated Other Comprehensive Income (Loss), Net of Tax.	Total
Balance at Jun. 30, 2020		$ 181	$ 95,593	$ 194,345	$ (166,247)	$ 104	$ 123,976
Balance (in shares) at Jun. 30, 2020		7,436,315
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income				7,561			7,561
Other comprehensive loss						(32)	(32)
Purchase of treasury stock	[1]				(2,336)		(2,336)
Purchase of treasury stock (in shares)	[1]	(139,596)
Distribution of restricted stock (in shares)		112,750
Forfeiture of restricted stock			103		(103)
Amortization of restricted stock			1,206				1,206
Exercise of stock options		$ 2	979				981
Exercise of stock options (in shares)		132,000
Stock options expense			97				97
Cash dividends	[2]			(4,173)			(4,173)
Balance at Jun. 30, 2021		$ 183	97,978	197,733	(168,686)	72	$ 127,280
Balance (in shares) at Jun. 30, 2021		7,541,469					7,541,469
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income				9,093			$ 9,093
Other comprehensive loss						(70)	(70)
Purchase of treasury stock					(4,305)		(4,305)
Purchase of treasury stock (in shares)		(257,285)
Distribution of restricted stock (in shares)		1,000
Awards of restricted stock			(9)		9
Forfeiture of restricted stock			59		(59)
Amortization of restricted stock			747				747
Stock options expense			51				51
Cash dividends	[2]			(4,146)			(4,146)
Balance at Jun. 30, 2022		$ 183	$ 98,826	$ 202,680	$ (173,041)	$ 2	$ 128,650
Balance (in shares) at Jun. 30, 2022		7,285,184					7,285,184

[1] Includes the purchase of 0 shares and 34,614 shares of distributed restricted stock in fiscal 2022 and 2021 in settlement of employees' withholding tax obligations, respectively. Cash dividends of $0.56 per share were paid in both fiscal 2022 and 2021.

Consolidated Statements of St_2

Consolidated Statements of Stockholders' Equity (Parenthetical) - $ / shares	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Cash dividends per share	$ 0.56	$ 0.56
Restricted Stock
Number of shares repurchase of distributed restricted stock in settlement of employee withholding tax obligations	0	34,614

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Cash flows from operating activities:
Net income	$ 9,093	$ 7,561
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	4,849	6,266
Recovery from the allowance for loan losses	(2,462)	(708)
Stock-based compensation	798	1,303
Provision for deferred income taxes	1,140	481
Increase (decrease) in accounts payable, accrued interest and other liabilities	484	(658)
Increase in prepaid expenses and other assets	(2,109)	(2,672)
Net cash provided by operating activities	11,793	11,573
Cash flows from investing activities:
(Increase) decrease in loans held for investment, net	(88,320)	50,088
Purchase of investment securities - held to maturity	(19,120)	(158,984)
Maturity of investment securities - held to maturity	600	800
Principal payments from investment securities - held to maturity	54,530	51,544
Principal payments from investment securities - available for sale	813	1,090
Purchase of FHLB - San Francisco stock	(84)	(185)
Purchase of premises and equipment	(165)	(225)
Net cash used for investing activities	(51,746)	(55,872)
Cash flows from financing activities:
Increase in deposits, net	17,531	45,004
Repayments of long-term borrowings	(20,983)	(35,064)
Proceeds from (repayment of) short-term borrowings, net	5,000	(5,000)
Treasury stock purchases	(4,305)	(2,336)
Proceeds from exercise of stock options		981
Withholding taxes on stock-based compensation		(877)
Cash dividends	(4,146)	(4,173)
Net cash used for financing activities	(6,903)	(1,465)
Net decrease in cash and cash equivalents	(46,856)	(45,764)
Cash and cash equivalents at beginning of year	70,270	116,034
Cash and cash equivalents at end of year	23,414	70,270
Supplemental information:
Cash paid for interest	3,171	4,660
Cash paid for income taxes	$ 2,725	$ 3,320

Organization and Summary of Sig

Organization and Summary of Significant Accounting Policies	12 Months Ended
Organization and Summary of Significant Accounting Policies	Jun. 30, 2022
Organization and Summary of Significant Accounting Policies
Organization and Summary of Significant Accounting Policies	Note 1: Organization and Summary of Significant Accounting Policies Basis of presentation The consolidated financial statements include the accounts of Provident Financial Holdings, Inc., and its wholly owned subsidiary, Provident Savings Bank, F.S.B. (collectively, the “Corporation”). All inter-company balances and transactions have been eliminated. Provident Savings Bank, F.S.B. (the “Bank”) converted from a federally chartered mutual savings bank to a federally chartered stock savings bank effective June 27, 1996. Provident Financial Holdings, Inc., a Delaware corporation organized by the Bank, acquired all of the capital stock of the Bank issued in the conversion; the transaction was recorded on a book value basis. The Corporation has determined that it operates in one business segment through the Bank. The Bank's activities include attracting deposits, offering banking services and originating and purchasing single-family, multi-family, commercial real estate, construction and other mortgage loans and, to a lesser extent, commercial business and consumer loans held for investment. Deposits are collected primarily from 13 banking locations located in Riverside and San Bernardino counties in California. Additional activities may include originating saleable single-family loans, primarily fixed-rate first mortgages. Loans are primarily originated and purchased in Southern and Northern California. Use of estimates The accounting and reporting policies of the Corporation conform to generally accepted accounting principles in the United States of America (“GAAP”). The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosures of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the allowance for loan losses, the loan repurchase reserve, the valuation of investment securities, the valuation of loans held for investment at fair value, deferred tax assets, loan servicing assets, real estate owned and deferred compensation costs. The following accounting policies, together with those disclosed elsewhere in the consolidated financial statements, represent the significant accounting policies of Provident Financial Holdings, Inc. and the Bank. Cash and cash equivalents Cash and cash equivalents include cash on hand and due from banks, as well as overnight deposits placed at the Federal Reserve Bank – San Francisco and correspondent banks. Investment securities The Corporation classifies its qualifying investments as available for sale or held to maturity. The Corporation classifies investments as held to maturity when it has the ability and it is management’s positive intent to hold such securities to maturity. Securities held to maturity are carried at amortized historical cost. All other securities are classified as available for sale and are carried at fair value. Fair value generally is determined based upon quoted market prices. Changes in net unrealized gains (losses) on securities available for sale are included in accumulated other comprehensive income, net of tax. Gains and losses on sale or dispositions of investment securities are included in non-interest income and are determined using the specific identification method. Purchase premiums and discounts are amortized over the expected average life of the securities using the effective interest method. Investment securities are reviewed annually for possible other-than-temporary impairment (“OTTI”). For debt securities, an OTTI is evident if the Corporation intends to sell the debt security or will more likely than not be required to sell the debt security before full recovery of the entire amortized cost basis is realized. However, even if the Corporation does not intend to sell the debt security and will not likely be required to sell the debt security before recovery of its entire amortized cost basis, the Corporation must evaluate expected cash flows to be received and determine if a credit loss has occurred. In the event of a credit loss, the credit component of the impairment is recognized within non-interest income and the non-credit component is recognized through accumulated other comprehensive income, net of tax. Loans held for investment Loans held for investment consist of long-term adjustable and fixed rate loans secured by first trust deeds on single-family residences and multi-family and commercial real estate loans secured by commercial property, land and other residential properties. These loans are generally offered to customers and businesses located in California. Net loan origination fees and certain direct origination expenses are deferred and amortized to interest income over the contractual life of the loan using the effective interest method. Amortization is discontinued for non-performing loans. Interest receivable represents, for the most part, the current month’s interest, which will be included as a part of the borrower’s next monthly loan payment. Interest receivable is accrued only if deemed collectible. Loans are placed on non-performing status when they become 90 days past due or if the loan is deemed impaired. When a loan is placed on non-performing status, interest accrued but not received is reversed against interest income. Interest income on non-performing loans is subsequently recognized only to the extent that cash is received and the principal balance is deemed collectible. If the principal balance is not deemed collectible, the entire payment received (principal and interest) is applied to the outstanding loan balance. Non-performing loans that become current as to both principal and interest are returned to accrual status after demonstrating satisfactory payment history (usually six consecutive months) and when future payments are expected to be collected. Allowance for loan losses The allowance for loan losses involves significant judgment and assumptions by management, which has a material impact on the carrying value of net loans. Management considers the accounting estimate related to the allowance for loan losses a critical accounting estimate because it is highly susceptible to changes from period to period, requiring management to make assumptions about probable incurred losses inherent in the loan portfolio at the balance sheet date. The impact of a sudden large loss could deplete the allowance and require increased provisions to replenish the allowance, which would negatively affect earnings. The allowance is based on two principles of accounting: (i) Accounting Standards Codification (“ASC”) 450, “Contingencies,” which requires that losses be accrued when they are probable of occurring and can be estimated; and (ii) ASC 310, “Receivables,” which requires that losses be accrued for non-performing loans that may be determined on an individually evaluated basis or based on an aggregated pooling method. The allowance has two components: collectively evaluated allowances and individually evaluated allowances. Each of these components is based upon estimates that can change over time. The allowance is based on historical experience and, as a result, can differ from actual losses incurred in the future. The Corporation also applies qualitative loss factors by assessing general economic indicators such as gross domestic product, retail sales, unemployment rates, employment growth, California home sales and median California home prices, as well as peer group data, reflecting the effect of events that have occurred but are not yet evidenced in the historical data. The historical data is reviewed at least quarterly and adjustments are made as needed. Management considers, based on currently available information, the allowance for loan losses sufficient to absorb probable losses inherent in loans held for investment. Various techniques are used to arrive at an individually evaluated allowance, including discounted cash flows and the fair market value of collateral. The use of these techniques is inherently subjective and the actual losses could be greater or less than the estimates. Allowance for unfunded loan commitments The Corporation maintains the allowance for unfunded loan commitments at a level that is adequate to absorb estimated probable losses related to these unfunded credit facilities. The Corporation determines the adequacy of the allowance based on periodic evaluations of the unfunded credit facilities, including an assessment of the probability of commitment usage, credit risk factors for loans outstanding to these same customers, and the terms and expiration dates of the unfunded credit facilities. The allowance for unfunded loan commitments is recorded in other liabilities on the Consolidated Statements of Financial Condition. Net adjustments to the allowance for unfunded loan commitments are included in other non-interest expense on the Consolidated Statements of Operations. Loans in forbearance On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act for 2020, as amended (“CARES Act”) was signed into law and on April 7, 2020, the Board of Governors of the Federal Reserve System (“Federal Reserve”), Federal Deposit Insurance Corporation (“FDIC”), National Credit Union Administration, Office of the Comptroller of the Currency (“OCC “) and Consumer Financial Protection Bureau issued the Interagency Statement on Loan Modifications and Reporting for Financial Institutions Working with Customers Affected by the Coronavirus ("Interagency Statement"). Among other things, the CARES Act and Interagency Statement provided relief to borrowers, including the opportunity to defer loan payments while not negatively affecting their credit standing. For commercial and consumer customers, the Corporation provided relief options, including payment deferrals and fee waivers. All loans modified due to COVID-19 pandemic were separately monitored and any request for continuation of relief beyond the initial modification were reassessed to determine if a further modification should be granted and if a downgrade in risk rating was appropriate. After the payment deferral period (forbearance period), normal loan payments once again became due and payable. The forbearance amount will be due and payable in full as a balloon payment at the end of the loan term or sooner if the loan becomes due and payable in full at an earlier date. As of March 31, 2021, the Corporation ceased accepting new forbearance requests and as of June 30, 2022, the Corporation had no pending requests for this type of payment relief. As of June 30, 2022, the Corporation had no forbearance loans that were modified and operating under forbearance agreements in accordance with the CARES Act and Interagency Statement. For additional information, see Note 3 of the Notes to Consolidated Financial Statements. Troubled debt restructuring (“restructured loans”) A restructured loan is a loan which the Corporation, for reasons related to a borrower’s financial difficulties, grants a more than insignificant concession to the borrower that the Corporation would not otherwise consider. These financial difficulties include, but are not limited to, the borrowers’ default status on any of their debts, bankruptcy and recent changes in their financial circumstances (loss of job, etc.). The loan terms which have been modified or restructured due to a borrower’s financial difficulty, may include but are not limited to: a) A reduction in the stated interest rate. b) An extension of the maturity at an interest rate below market. c) A reduction in the accrued interest. d) Extensions, deferrals, renewals and rewrites. e) Loans that have been discharged in a Chapter 7 Bankruptcy that have not been reaffirmed by the borrower. To qualify for restructuring, a borrower must provide evidence of creditworthiness such as, current financial statements, most recent income tax returns, current paystubs, current W-2s, and most recent bank statements, among other documents, which are then verified by the Corporation. The Corporation re-underwrites the loan with the borrower’s updated financial information, new credit report, current loan balance, new interest rate, remaining loan term, updated property value and modified payment schedule, among other considerations, to determine if the borrower qualifies. The Corporation measures the allowance for loan losses of restructured loans based on the difference between the loan’s original carrying amount and the present value of expected future cash flows discounted at the original effective yield of the loan. Based on the OCC guidance with respect to restructured loans and to conform to general practices within the banking industry, the Corporation maintains certain restructured loans on accrual status, provided there is reasonable assurance of repayment and performance, consistent with the modified terms based upon a current, well-documented credit evaluation. All other restructured loans are classified as “Substandard” and placed on non-performing status. The Corporation typically upgrades restructured loans to the pass category if the borrower has demonstrated satisfactory contractual payments for at least six Non-performing loans The Corporation assesses loans individually and classifies as non-performing when the accrual of interest has been discontinued, loans have been restructured or management has serious doubts about the future collectability of principal and interest, even though the loans may currently be performing. Factors considered in determining classification include, but are not limited to, expected future cash flows, the financial condition of the borrower and current economic conditions. The Corporation measures each non-performing loan based on ASC 310, establishes a collectively evaluated or individually evaluated allowance and charges off those loans or portions of loans deemed uncollectible. Real estate owned Real estate acquired through foreclosure is initially recorded at the fair value of the real estate acquired, less estimated selling costs. Subsequent to foreclosure, the Corporation charges current earnings for estimated losses if the carrying value of the property exceeds its fair value. Gains or losses on the sale of real estate are recognized upon disposition of the property. Costs relating to improvement, maintenance and repairs of the property are expensed as incurred under gain (loss) on sale and operations of real estate owned acquired in the settlement of loans within the Consolidated Statements of Operations. Impairment of long-lived assets The Corporation reviews its long-lived assets for impairment annually or when events or circumstances indicate that the carrying amount of these assets may not be recoverable. Long-lived assets include buildings, land, fixtures, furniture and equipment. An asset is considered impaired when the expected discounted cash flows over the remaining useful life are less than the net book value. When impairment is indicated for an asset, the amount of impairment loss is the excess of the net book value over its fair value. Premises and equipment Premises and equipment are stated at cost, less accumulated depreciation and amortization. Depreciation is computed primarily on a straight-line basis over the estimated useful lives as follows: Buildings 10 to 40 years Furniture and fixtures 3 to 10 years Automobiles 3 to 5 years Computer equipment 3 to 5 years Leasehold improvements are amortized over the lesser of their respective lease terms or the useful life of the improvement, which ranges from one Income taxes The Corporation accounts for income taxes in accordance with ASC 740, “Income Taxes.” ASC 740 requires the affirmative evaluation that it is more likely than not, based on the technical merits of a tax position, that an enterprise is entitled to economic benefits resulting from positions taken in income tax returns. If a tax position does not meet the more-likely-than-not recognition threshold, the benefit of that position is not recognized in the financial statements. ASC 740 requires that when determining the need for a valuation allowance against a deferred tax asset, management must assess both positive and negative evidence with regard to the realizability of the tax losses represented by that asset. To the extent available, if sources of taxable income are insufficient to absorb tax losses, a valuation allowance is necessary. Sources of taxable income for this analysis include prior years’ tax returns, the expected reversals of taxable temporary differences between book and tax income, prudent and feasible tax-planning strategies, and future taxable income. The deferred income tax asset related to the allowance for loan losses will be realized when actual charge-offs are made against the allowance. Based on the availability of loss carry-backs and projected taxable income during the periods for which loss carry-forwards are available, management believes it is more likely than not the Corporation will realize the deferred tax asset. The Corporation continues to monitor the deferred tax asset on a quarterly basis for a valuation allowance. The future realization of these tax benefits primarily hinges on adequate future earnings to utilize the tax benefit. Prospective earnings or losses, tax law changes or capital changes could prompt the Corporation to reevaluate the assumptions which may be used to establish a valuation allowance. As of June 30, 2022 and 2021, the estimated deferred tax asset, which is included in prepaid expenses and other assets, was $1.4 million and $2.5 million, respectively. The Corporation maintains net deferred tax assets for deductible temporary tax differences, such as loss reserves, deferred compensation, non-accrued interest and unrealized gains, among other items. The decrease in the net deferred tax asset resulted primarily from a decreases in loan loss reserves and deferred loan costs. The Corporation did not have any liabilities for uncertain tax positions or any known unrecognized tax benefit at June 30, 2022 or 2021. Bank owned life insurance ("BOLI") ASC 715-60-35, "Accounting for Deferred Compensation and Post-retirement Benefit Aspects of Endorsement Split-Dollar Life Insurance Arrangements," requires an employer to recognize obligations associated with endorsement split-dollar life insurance arrangements that extend into the participant’s post-employment benefit cost for the continuing life insurance or based on the future death benefit depending on the contractual terms of the underlying agreement. The Corporation adopted ASC 715-60-35 using the latter option, i.e., based on the future death benefit. The Bank purchases BOLI policies on the lives of certain executive officers while they are employed by the Bank and is the owner and beneficiary of the policies. The Bank invests in BOLI to provide an efficient form of funding for long-term retirement and other employee benefits costs. The Bank records these BOLI policies within prepaid expenses and other assets in the Consolidated Statements of Financial Condition at each policy’s respective cash surrender value, with net changes recorded in other non-interest income in the Consolidated Statements of Operations. Cash dividend A declaration or payment of dividends is at the discretion of the Corporation’s Board of Directors, who take into account the Corporation’s financial condition, results of operations, tax considerations, capital requirements, industry standards, economic conditions and other factors, including the regulatory restrictions which affect the payment of dividends by the Bank to the Corporation. Under Delaware law, dividends may be paid either out of surplus or, if there is no surplus, out of net profits for the current fiscal year and/or the preceding fiscal year in which the dividend is declared. For additional information, see Note 19 of the Notes to Consolidated Financial Statements regarding the subsequent event related to the cash dividend. Stock repurchases The Corporation repurchased 257,285 shares of its common stock with an average cost of $16.73 per share during fiscal 2022 pursuant to its April 2020 stock repurchase plan that expired on April 27, 2022. The Board of Directors approved a new stock repurchase plan on April 28, 2022 which authorized 364,259 shares for repurchase and expires on April 28, 2023, all of which remain available for purchase at June 30, 2022. Earnings per common share (“EPS”) Basic EPS represents net income divided by the weighted average common shares outstanding during the period excluding any potential dilutive effects. Diluted EPS gives effect to any potential issuance of common stock that would have caused basic EPS to be lower as if the issuance had already occurred. Accordingly, diluted EPS reflects an increase in the weighted average shares outstanding as a result of the assumed exercise of stock options and the vesting of restricted stock. The computation of diluted EPS does not assume exercise of stock options and vesting of restricted stock that would have an anti-dilutive effect on EPS. Stock-based compensation ASC 718, “Compensation – Stock Compensation,” requires companies to recognize in the Consolidated Statements of Operations the grant-date fair value of stock options and other equity-based compensation issued to employees and directors. Stock-based compensation expense, inclusive of restricted stock expense, recognized in the Consolidated Statements of Operations for the years ended June 30, 2022 and 2021 was $798,000 and $1.3 million, respectively. Employee Stock Ownership Plan ("ESOP") The Corporation recognizes compensation expense when the Bank contributes funds to the ESOP for the purchase of the Corporation’s common stock to be allocated to the ESOP participants. Since the contributions are discretionary, the benefits payable under the ESOP cannot be estimated. Restricted stock The Corporation recognizes compensation expense over the vesting period of the shares awarded, equal to the fair value of the shares at the award date. A total of $747,000 and $1.2 million of restricted stock expense was amortized during fiscal 2022 and 2021, respectively. Post-retirement benefits The estimated obligation for post-retirement health care and life insurance benefits is determined based on an actuarial computation of the cost of current and future benefits for the eligible (grandfathered) retirees and employees. The post retirement benefit liability is included in accounts payable, accrued interest and other liabilities in the Consolidated Statements of Financial Condition. Effective July 1, 2003, the Corporation discontinued the post-retirement health care and life insurance benefits to any employee not previously qualified (grandfathered) for these benefits. At June 30, 2022 and 2021, the accrued liability for post-retirement benefits was $174,000 and $125,000, respectively, which was fully funded consistent with actuarially determined estimates of the future obligation. Comprehensive income ASC 220, “Comprehensive Income,” requires that realized revenue, expenses, gains and losses be included in net income (loss). Unrealized gains (losses) on available for sale securities and interest-only strips are reported as a separate component of the stockholders’ equity section of the Consolidated Statements of Financial Condition and the change in the unrealized gains (losses) are reported on the Consolidated Statements of Comprehensive Income and Consolidated Statements of Stockholders’ Equity. Accounting standard updates (“ASU”) ASU 2021-10: In November 2021, the Financial Accounting Standards Board (“FASB”) issued ASU 2021-10, “Government Assistance (Topic 832): Disclosures by Business Entities about Government Assistance,” This ASU requires the following annual disclosures about transactions with a government that are accounted for by applying a grant or contribution accounting model by analogy: (1) Information about the nature of the transactions and the related accounting policy used to account for the transactions, (2) The line items on the balance sheet and income statement that are affected by the transactions, and the amounts applicable to each financial statement line item and (3) Significant terms and conditions of the transactions, including commitments and contingencies. This ASU is effective for all entities within their scope for financial statements issued for annual periods beginning after December 15, 2021. The Corporation has adopted this ASU and it did not have a material impact on the Corporation’s consolidated financial statements. See Note 18 for additional disclosure. ASU 2016-13: In June 2016, the FASB issued ASU 2016-13, “Financial Instruments — Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments,” and subsequent amendments to the initial guidance in November 2018, ASU No. 2018-19, April 2019, ASU 2019-04, May 2019, ASU 2019-05, November 2019, ASU 2019-11, February 2020, ASU 2020-02, March 2020, ASU 2020-03 and March 2022, ASU 2022-02, all of which clarifies codification and corrects unintended application of the guidance. In November 2019, the FASB also issued ASU 2019-10, “Financial Instruments — Credit Losses (Topic 326), Derivatives and Hedging (Topic 815), and Leases (Topic 842): Effective Dates” extending the adoption date for certain registrants, including the Corporation. These ASUs will be effective for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years. The Corporation is evaluating its current expected loss methodology of its loan and investment portfolios to identify the necessary modifications in accordance with these standards and expects a change in the processes and procedures to calculate the allowance for loan losses, including changes in assumptions and estimates to consider expected credit losses over the life of the loan versus the current accounting practice that utilizes the incurred loss model. A valuation adjustment to its allowance for loan losses or investment portfolio that is identified in this process will be reflected as a one-time adjustment in equity rather than earnings upon adoption. The Corporation is in the process of compiling historical data that will be used to calculate expected credit losses on its loan portfolio to ensure the Corporation is fully compliant with these ASUs at the adoption date and is evaluating the potential impact upon adoption that these ASUs will have on the Corporation’s Consolidated Financial Statements. Once adopted, the Corporation anticipates the allowance for loan losses to increase through a one-time adjustment to retained earnings, however, until the evaluation is complete the magnitude of the potential increase will be unknown. ASU 2020-04: In March 2020, the FASB issued ASU No. 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of reference Rate Reform on Financial Reporting. This ASU applies to contracts, hedging relationships and other transactions that reference LIBOR or other rate references expected to be discontinued because of reference rate reform. The ASU permits an entity to make necessary modifications to eligible contracts or transactions without requiring contract re- measurement or reassessment of a previous accounting determination. In January 2021, ASU 2021-01 clarifies that certain optional expedients and exceptions in Topic 848 for contract modifications and hedge accounting apply to derivatives that are affected by the changes in the interest rates used for margining, discounting, or contract price alignment for derivative instruments that are being implemented as part of the market-wide transition to new reference rates (commonly referred to as the “discounting transition”). This ASU is effective for all entities as of March 12, 2020 through December 31, 2022. The Corporation is in the process of compiling data on the impact of reference rate reform and has not determined the impact of the adoption of this ASU on its consolidated financial statements.

Investment Securities

Investment Securities	12 Months Ended
Investment Securities	Jun. 30, 2022
Investment Securities
Investment Securities	Note 2: Investment Securities The amortized cost and estimated fair value of investment securities as of June 30, 2022 and 2021 were as follows: Gross Gross Estimated Amortized Unrealized Unrealized Fair Carrying June 30, 2022 Cost Gains (Losses) Value Value (In Thousands) Held to maturity U.S. government sponsored enterprise MBS (1) $ 180,492 $ 63 $ (13,945) $ 166,610 $ 180,492 U.S. government sponsored enterprise CMO (2) 3,913 — (150) 3,763 3,913 U.S. SBA securities (3) 940 11 — 951 940 Certificate of deposits 400 — — 400 400 Total investment securities - held to maturity 185,745 74 (14,095) 171,724 185,745 Available for sale U.S. government agency MBS (1) 1,698 6 (6) 1,698 1,698 U.S. government sponsored enterprise MBS (1) 865 4 (4) 865 865 Private issue CMO (2) 118 — (5) 113 113 Total investment securities - available for sale 2,681 10 (15) 2,676 2,676 Total investment securities $ 188,426 $ 84 $ (14,110) $ 174,400 $ 188,421 (1) Mortgage-backed securities (“MBS”). (2) Collateralized Mortgage Obligations (“CMO”). (3) Small Business Administration ("SBA"). Gross Gross Estimated Amortized Unrealized Unrealized Fair Carrying June 30, 2021 Cost Gains (Losses) Value Value (In Thousands) Held to maturity U.S. government sponsored enterprise MBS $ 220,448 $ 2,209 $ (810) $ 221,847 $ 220,448 U.S. SBA securities 1,858 16 — 1,874 1,858 Certificate of deposits 1,000 — — 1,000 1,000 Total investment securities - held to maturity 223,306 2,225 (810) 224,721 223,306 Available for sale U.S. government agency MBS 2,146 76 — 2,222 2,222 U.S. government sponsored enterprise MBS 1,197 14 — 1,211 1,211 Private issue CMO 151 3 — 154 154 Total investment securities - available for sale 3,494 93 — 3,587 3,587 Total investment securities $ 226,800 $ 2,318 $ (810) $ 228,308 $ 226,893 In fiscal 2022 and 2021, the Corporation received MBS principal payments of $55.3 million and $52.6 million, respectively and did not sell any investment securities. The Corporation purchased MBS totaling $19.0 million and $158.0 million during fiscal 2022 and 2021, respectively. As of June 30, 2022 and 2021, the Corporation held investments with an unrealized loss position of $14.1 million and $810,000, respectively. As of June 30, 2022 Unrealized Holding Losses Unrealized Holding Losses Unrealized Holding Losses (In Thousands) Less Than 12 Months 12 Months or More Total Fair Unrealized Fair Unrealized Fair Unrealized Description of Securities Value Losses Value Losses Value Losses Held to maturity U.S. government sponsored enterprise MBS $ 121,844 $ 9,018 $ 35,528 $ 4,927 $ 157,372 $ 13,945 U.S. government sponsored enterprise CMO 3,764 150 — — 3,764 150 Total investment securities - held to maturity 125,608 9,168 35,528 4,927 161,136 14,095 Available for sale U.S government agency MBS 826 6 — — 826 6 U.S. government sponsored enterprise MBS 671 4 — — 671 4 Private issue CMO 113 5 — — 113 5 Total investment securities - available for sale 1,610 15 — — 1,610 15 Total investment securities $ 127,218 $ 9,183 $ 35,528 $ 4,927 $ 162,746 $ 14,110 As of June 30, 2021 Unrealized Holding Losses Unrealized Holding Losses Unrealized Holding Losses (In Thousands) Less Than 12 Months 12 Months or More Total Fair Unrealized Fair Unrealized Fair Unrealized Description of Securities Value Losses Value Losses Value Losses Held to maturity U.S. government sponsored enterprise MBS $ 84,600 $ 810 $ — $ — $ 84,600 $ 810 Total investment securities - held to maturity 84,600 810 — — 84,600 810 Total investment securities $ 84,600 $ 810 $ — $ — $ 84,600 $ 810 As of June 30, 2022, the Corporation had investment securities with unrealized holding losses of $9.2 million that were less than 12 months and $4.9 million that were in an unrealized loss position for more than 12 months, as compared to investment securities at June 30, 2021 with unrealized holding losses of $810,000 that were less than 12 months and none that were in an unrealized loss position for more than 12 months. The unrealized loss at June 30, 2022 was primarily attributable to 39 U.S. government sponsored enterprise MBS, two U.S. government sponsored enterprise CMOs and three private issue CMOs and, based on the nature of the investments, management concluded that such unrealized losses were not other than temporary. The unrealized loss at June 30, 2021 was attributable to 16 U.S. government sponsored enterprise MBS and, based on the nature of the investments, management concluded that such unrealized losses were not other than temporary. The Corporation does not believe that there was any OTTI at June 30, 2022 and 2021. At each of these dates, the Corporation intended and had the ability to hold the investment securities and was not likely to be required to sell the securities before realizing a full recovery. Contractual maturities of investment securities as of June 30, 2022 and 2021 were as follows: June 30, 2022 June 30, 2021 Estimated Estimated Amortized Fair Amortized Fair (In Thousands) Cost Value Cost Value Held to maturity Due in one year or less $ 1,427 $ 1,425 $ 1,209 $ 1,218 Due after one through five years 10,908 10,805 14,544 15,179 Due after five through ten years 77,167 72,625 90,798 91,780 Due after ten years 96,243 86,869 116,755 116,544 Total investment securities - held to maturity $ 185,745 $ 171,724 $ 223,306 $ 224,721 Available for sale Due in one year or less $ — $ — $ — $ — Due after one through five years — — — — Due after five through ten years 98 98 — — Due after ten years 2,583 2,578 3,494 3,587 Total investment securities - available for sale $ 2,681 $ 2,676 $ 3,494 $ 3,587 Total investment securities $ 188,426 $ 174,400 $ 226,800 $ 228,308

Loans Held for Investment

Loans Held for Investment	12 Months Ended
Loans Held for Investment	Jun. 30, 2022
Loans Held for Investment
Loans Held for Investment	Note 3: Loans Held for Investment Loans held for investment consisted of the following at June 30, 2022 and 2021: (In Thousands) June 30, 2022 June 30, 2021 Mortgage loans: Single-family $ 378,234 $ 268,272 Multi-family 464,676 484,408 Commercial real estate 90,429 95,279 Construction 3,216 3,040 Other 123 139 Commercial business loans 1,206 849 Consumer loans 86 95 Total loans held for investment, gross 937,970 852,082 Advance payments of escrows 47 157 Deferred loan costs, net 7,539 6,308 Allowance for loan losses (5,564) (7,587) Total loans held for investment, net $ 939,992 $ 850,960 The following table sets forth information at June 30, 2022 regarding the dollar amount of loans held for investment that are contractually repricing during the periods indicated, segregated between adjustable rate loans and fixed rate loans. Fixed-rate loans comprised 11% and 4% of loans held for investment at June 30, 2022 and June 30, 2021, respectively. Adjustable rate loans having no stated repricing date that reprice when the index to which they are tied to reprices (e.g. prime rate index) and checking account overdrafts are reported as repricing within one year. The table does not include any estimate of prepayments which may cause the Corporation’s actual repricing experience to differ materially from that shown. Adjustable Rate After After After Within One Year 3 Years 5 Years (In Thousands) One Year Through 3 Years Through 5 Years Through 10 Years Fixed Rate Total Mortgage loans: Single-family $ 49,101 $ 25,507 $ 35,862 $ 170,359 $ 97,405 $ 378,234 Multi-family 135,586 131,136 146,148 51,634 172 464,676 Commercial real estate 46,777 20,934 21,382 — 1,336 90,429 Construction 2,142 — — — 1,074 3,216 Other — — — — 123 123 Commercial business loans 869 — — — 337 1,206 Consumer loans 86 — — — — 86 Total loans held for investment, gross $ 234,561 $ 177,577 $ 203,392 $ 221,993 $ 100,447 $ 937,970 The Corporation has developed an internal loan grading system to evaluate and quantify the Bank’s loans held for investment portfolio with respect to quality and risk. Management continually evaluates the credit quality of the Corporation’s loan portfolio and conducts a quarterly review of the adequacy of the allowance for loan losses using quantitative and qualitative methods. The Corporation has adopted an internal risk rating policy in which each loan is rated for credit quality with a rating of pass, special mention, substandard, doubtful or loss. The two primary components that are used during the loan review process to determine the proper allowance levels are individually evaluated allowances and collectively evaluated allowances. Quantitative loan loss factors are developed by determining the historical loss experience, expected future cash flows, discount rates and collateral fair values, among others. Qualitative loan loss factors are developed by assessing general economic indicators such as Gross Domestic Product, Retail Sales, Unemployment Rates, Employment Growth, California Home Sales and Median California Home Prices, among others. The Corporation assigns individual factors for the quantitative and qualitative methods for each loan category and each internal risk rating. The Corporation categorizes all of the loans held for investment into risk categories based on relevant information about the ability of the borrower to service their debt such as current financial information, historical payment experience, credit documentation, public information, and current economic trends, among other factors. A description of the general characteristics of the risk grades is as follows: ◾ Pass - These loans range from minimal credit risk to average however still acceptable credit risk. The likelihood of loss is considered remote. ◾ Special Mention - A special mention asset has potential weaknesses that may be temporary or, if left uncorrected, may result in a loss. While concerns exist, the Bank is currently protected and loss is considered unlikely and not imminent. ◾ Substandard - A substandard loan is inadequately protected by the current sound worth and paying capacity of the borrower or of the collateral pledged, if any. Loans so classified must have a well-defined weakness, or weaknesses, that may jeopardize the liquidation of the debt. A substandard loan is characterized by the distinct possibility that the Bank will sustain some loss if the deficiencies are not corrected. ◾ Doubtful - A doubtful loan has all of the weaknesses inherent in one classified as substandard with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of the currently existing facts, conditions and values, highly questionable and improbable. ◾ Loss - A loss loan is considered uncollectible and of such little value that continuance as an asset of the Bank is not warranted. The following tables summarize gross loans held for investment by loan types and risk category at the dates indicated: June 30, 2022 Commercial Other Commercial (In Thousands) Single-family Multi-family Real Estate Construction Mortgage Business Consumer Total Pass $ 376,502 $ 464,676 $ 90,429 $ 3,216 $ 123 $ 1,206 $ 86 $ 936,238 Special Mention 224 — — — — — — 224 Substandard 1,508 — — — — — — 1,508 Total loans held for investment, gross $ 378,234 $ 464,676 $ 90,429 $ 3,216 $ 123 $ 1,206 $ 86 $ 937,970 June 30, 2021 Commercial Other Commercial (In Thousands) Single-family Multi-family Real Estate Construction Mortgage Business Consumer Total Pass $ 258,217 $ 483,289 $ 95,279 $ 3,040 $ 139 $ 849 $ 95 $ 840,908 Special Mention 1,767 — — — — — — 1,767 Substandard 8,288 1,119 — — — — — 9,407 Total loans held for investment, gross $ 268,272 $ 484,408 $ 95,279 $ 3,040 $ 139 $ 849 $ 95 $ 852,082 The allowance for loan losses is maintained at a level sufficient to provide for estimated losses based on evaluating known and inherent risks in the loans held for investment and upon management’s continuing analysis of the factors underlying the quality of the loans held for investment. These factors include changes in the size and composition of the loans held for investment, actual loan loss experience, current economic conditions, detailed analysis of individual loans for which full collectability may not be assured, and determination of the realizable value of the collateral securing the loans. Provisions (recoveries) for loan losses are charged (credited) against operations on a quarterly basis, as necessary, to maintain the allowance at appropriate levels. Future adjustments to the allowance for loan losses may be necessary and results of operations could be significantly and adversely affected as a result of economic, operating, regulatory, and other conditions beyond the Corporation’s control. Non-performing loans are charged-off to their fair market values in the period the loans, or portion thereof, are deemed uncollectible, generally after the loan becomes 150 days delinquent for real estate secured first trust deed loans and 120 days delinquent for commercial business or real estate secured second trust deed loans. For loans that were modified from their original terms, were re-underwritten and identified in the Corporation’s reports as restructured loans, the charge-off occurs when the loan becomes 90 days delinquent; and where borrowers file bankruptcy, the charge-off occurs when the loan becomes 60 days delinquent. The amount of the charge-off is determined by comparing the loan balance to the estimated fair value of the underlying collateral, less disposition costs, with the loan balance in excess of the estimated fair value charged-off against the allowance for loan losses. The allowance for loan losses for non-performing loans is determined by applying ASC 310, “Receivables.” For restructured loans that are less than 90 days delinquent, the allowance for loan losses are segregated into (a) individually evaluated allowances for those loans with applicable discounted cash flow calculations still in their restructuring period, classified lower than pass, and containing an embedded loss component or (b) collectively evaluated allowances based on the aggregated pooling method. For non-performing loans less than 60 days delinquent where the borrower has filed bankruptcy, the collectively evaluated allowances are assigned based on the aggregated pooling method. For non-performing commercial real estate loans, individually evaluated allowances are calculated based on their fair values and if their fair values are higher than their loan balances, no allowances are required. The following tables summarize the Corporation’s allowance for loan losses and recorded investment in gross loans, by portfolio type, at the dates and for the years indicated. Year Ended June 30, 2022 Commercial Commercial (In Thousands) Single-family Multi-family Real Estate Construction Other Mortgage Business Consumer Total Allowance at beginning of period $ 2,000 $ 4,485 $ 1,006 $ 51 $ 3 $ 36 $ 6 $ 7,587 (Recovery) provision for loan losses (1,056) (1,203) (190) (28) — 16 (1) (2,462) Recoveries 439 — — — — — — 439 Charge-offs — — — — — — — — Allowance for loan losses, end of period $ 1,383 $ 3,282 $ 816 $ 23 $ 3 $ 52 $ 5 $ 5,564 Allowance: Individually evaluated for allowances $ 38 $ — $ — $ — $ — $ — $ — $ 38 Collectively evaluated for allowances 1,345 3,282 816 23 3 52 5 5,526 Allowance for loan losses, end of period $ 1,383 $ 3,282 $ 816 $ 23 $ 3 $ 52 $ 5 $ 5,564 Gross Loans: Individually evaluated for allowances $ 1,275 $ — $ — $ — $ — $ — $ — $ 1,275 Collectively evaluated for allowances 376,959 464,676 90,429 3,216 123 1,206 86 936,695 Total loans held for investment, gross $ 378,234 $ 464,676 $ 90,429 $ 3,216 $ 123 $ 1,206 $ 86 $ 937,970 Allowance for loan losses as a percentage of gross loans held for investment 0.37 % 0.71 % 0.90 % 0.72 % 2.44 % 4.31 % 5.81 % 0.59 % Net (recoveries) charge-offs to average loans receivable, net during the period (0.15) % — % — % — % — % — % — % (0.05) % Year Ended June 30, 2021 Commercial Commercial (In Thousands) Single-family Multi-family Real Estate Construction Other Mortgage Business Consumer Total Allowance at beginning of period $ 2,622 $ 4,329 $ 1,110 $ 171 $ 3 $ 24 $ 6 $ 8,265 (Recovery) provision for loan losses (653) 156 (104) (120) — 12 1 (708) Recoveries 31 — — — — — 1 32 Charge-offs — — — — — — (2) (2) Allowance for loan losses, end of period $ 2,000 $ 4,485 $ 1,006 $ 51 $ 3 $ 36 $ 6 $ 7,587 Allowance: Individually evaluated for allowances $ 384 $ — $ — $ — $ — $ — $ — $ 384 Collectively evaluated for allowances 1,616 4,485 1,006 51 3 36 6 7,203 Allowance for loan losses, end of period $ 2,000 $ 4,485 $ 1,006 $ 51 $ 3 $ 36 $ 6 $ 7,587 Gross Loans: Individually evaluated for allowances $ 8,039 $ — $ — $ — $ — $ — $ — $ 8,039 Collectively evaluated for allowances 260,233 484,408 95,279 3,040 139 849 95 844,043 Total loans held for investment, gross $ 268,272 $ 484,408 $ 95,279 $ 3,040 $ 139 $ 849 $ 95 $ 852,082 Allowance for loan losses as a percentage of gross loans held for investment 0.75 % 0.93 % 1.06 % 1.68 % 2.16 % 4.24 % 6.32 % 0.88 % Net (recoveries) charge-offs to average loans receivable, net during the period (0.01) % — % — % — % — % — % 1.22 % (0.00) % The following summarizes the components of the net change in the allowance for loan losses for the years indicated: Year Ended June 30, (In Thousands) 2022 2021 Balance, beginning of year $ 7,587 $ 8,265 Recovery from the allowance for loan losses (2,462) (708) Recoveries 439 32 Charge-offs — (2) Balance, end of year $ 5,564 $ 7,587 The following tables identify the Corporation’s total recorded investment in non-performing loans by type at the dates and for the years indicated. Generally, a loan is placed on non-accrual status when it becomes 90 days past due as to principal or interest or if the loan is deemed impaired, after considering economic and business conditions and collection efforts, where the borrower’s financial condition is such that collection of the contractual principal or interest on the loan is doubtful. In addition, interest income is not recognized on any loan where management has determined that collection is not reasonably assured. A non-performing loan may be restored to accrual status when delinquent principal and interest payments are brought current and future monthly principal and interest payments are expected to be collected on a timely basis. Loans with a related allowance reserve have been individually evaluated for impairment using either a discounted cash flow analysis or, for collateral dependent loans, current appraisals less costs to sell to establish realizable value. This evaluation may identify a specific impairment amount needed or may conclude that no reserve is needed. Loans that are not individually evaluated for impairment are included in pools of homogeneous loans for evaluation of related allowance reserves. At or For the Year Ended June 30, 2022 Unpaid Net Average Interest Principal Related Recorded Recorded Recorded Income (In Thousands) Balance Charge-offs Investment Allowance (1) Investment Investment Recognized Mortgage loans: Single-family: With a related allowance $ 993 $ — $ 993 $ (85) $ 908 $ 2,594 $ 98 Without a related allowance (2) 548 (33) 515 — 515 635 232 Total single-family loans 1,541 (33) 1,508 (85) 1,423 3,229 330 Multi-family: With a related allowance — — — — — 957 46 Total multi-family loans — — — — — 957 46 Total non-performing loans $ 1,541 $ (33) $ 1,508 $ (85) $ 1,423 $ 4,186 $ 376 (1) Consists of collectively and individually evaluated allowances, specifically assigned to the individual loan. (2) There was no related allowance for loan losses because these loans have been charged-off to their fair value or the fair value of the collateral is higher than the loan balance. At or For the Year Ended June 30, 2021 Unpaid Related Net Average Interest Principal Charge-offs Recorded Recorded Recorded Income (In Thousands) Balance Related Investment Allowance (1) Investment Investment Recognized Mortgage loans: Single-family: With a related allowance $ 7,400 $ — $ 7,400 $ (434) $ 6,966 $ 7,187 $ 140 Without a related allowance (2) 1,335 (436) 899 — 899 1,516 — Total single-family loans 8,735 (436) 8,299 (434) 7,865 8,703 140 Multi-family: With a related allowance 1,119 — 1,119 (338) 781 374 15 Total mutlti-family loans 1,119 — 1,119 (338) 781 374 15 Commercial business loans: With a related allowance — — — — — 13 1 Total commercial business loans — — — — — 13 1 Total non-performing loans $ 9,854 $ (436) $ 9,418 $ (772) $ 8,646 $ 9,090 $ 156 (1) Consists of collectively and individually evaluated allowances, specifically assigned to the individual loan. (2) There was no related allowance for loan losses because these loans have been charged-off to their fair value or the fair value of the collateral is higher than the loan balance. At June 30, 2022 and 2021, there were no commitments to lend additional funds to those borrowers whose loans were classified as non-performing. During the fiscal years ended June 30, 2022 and 2021, the Corporation’s average investment in non-performing loans was $4.2 million and $9.1 million, respectively. The Corporation records payments on non-performing loans utilizing the cash basis or cost recovery method of accounting during the periods when the loans are on non-performing status. For the fiscal year ended June 30, 2022, the Bank received $405,000 in interest payments from non-performing loans, of which $376,000 was recognized as interest income. The remaining $29,000 was applied to reduce the loan balances under the cost recovery method. In comparison, for the fiscal year ended June 30, 2021, the Bank received $209,000 in interest payments from non-performing loans, of which $156,000 was recognized as interest income. The remaining $53,000 was applied to reduce the loan balances under the cost recovery method. The Corporation has modified loans in accordance with the CARES Act and Interagency Statement. The CARES Act and Interagency Statement provided guidance around the modification of loans as a result of the COVID-19 pandemic, and outlined, among other criteria, that short-term modifications of up to six months made on a good faith basis to borrowers who were current as defined under the CARES Act and Interagency Statement prior to any relief are not restructured loans and if all payments are current in accordance with the revised terms of the loan, the loan would not be reported as past due. As of June 30, 2022, the Corporation had no remaining forbearance loans that were modified and operating under forbearance agreements in accordance with the CARES Act and Interagency Statement. As of June 30, 2022, loan forbearance related to COVID-19 hardship requests are described below: Forbearance Granted Forbearance Completed (1) Forbearance Remaining Number of Number of Number of (Dollars In Thousands) Loans Amount Loans Amount Loans Amount Single-family loans 59 $ 22,980 59 $ 22,980 — $ — Multi-family loans 5 2,268 5 2,268 — — Commercial real estate loans 3 1,954 3 1,954 — — Total loan forbearance 67 $ 27,202 67 $ 27,202 — $ — (1) Includes 19 single-family loans totaling $6.9 million where forbearance was subsequently extended and were classified as restructured non-performing loans, consistent with the Interagency Statement. As of June 30, 2022, five loans totaling $2.2 million were paid off and 13 loans totaling $3.9 million were upgraded to the pass category, while one loan totaling $760,000 remained as non-performing. As of March 31, 2021, the Corporation ceased offering the COVID-19 forbearance relief program and as of June 30, 2022, the Corporation had no pending requests for this type of payment relief. After the payment deferral period, normal loan payments once again became due and payable. The forbearance amount is due and payable in full as a balloon payment at the end of the loan term or sooner if the loan becomes due and payable in full at an earlier date. The following tables provide information on the past due status of the Corporation’s loans held for investment, gross, at the dates indicated. June 30, 2022 30-89 Days Past Total Loans Held for (In Thousands) Current Due Non-Accrual (1) Investment, Gross Mortgage loans: Single-family $ 376,726 $ — $ 1,508 $ 378,234 Multi-family 464,676 — — 464,676 Commercial real estate 90,429 — — 90,429 Construction 3,216 — — 3,216 Other 123 — — 123 Commercial business loans 1,206 — — 1,206 Consumer loans 83 3 — 86 Total loans held for investment, gross $ 936,459 $ 3 $ 1,508 $ 937,970 (1) All loans 90 days or greater past due are placed on non-accrual status. June 30, 2021 30-89 Days Past Total Loans Held for (In Thousands) Current Due Non-Accrual (1) Investment, Gross Mortgage loans: Single-family $ 259,984 $ — $ 8,288 $ 268,272 Multi-family 483,289 — 1,119 484,408 Commercial real estate 95,279 — — 95,279 Construction 3,040 — — 3,040 Other 139 — — 139 Commercial business loans 849 — — 849 Consumer loans 88 7 — 95 Total loans held for investment, gross $ 842,668 $ 7 $ 9,407 $ 852,082 (1) All loans 90 days or greater past due are placed on non-accrual status. For the fiscal year ended June 30, 2022, there were no loans that were newly modified from their original terms, reunderwritten or identified as a restructured loan; three loans were upgraded to the pass category; seven loans were paid off; and no loans were converted to real estate owned. For the fiscal year ended June 30, 2021, there were 20 loans that were newly modified from their original terms, reunderwritten or identified as a restructured loan, including 19 COVID-19 related forbearance loans downgraded when their monthly payment deferrals were extended beyond six months; two loans were upgraded to the pass category; three loans were paid off; and no loans were converted to real estate owned. During the fiscal years ended June 30, 2022 and 2021, no restructured loans were in default within a 12-month period subsequent to their original restructuring. Additionally, during the fiscal year ended June 30, 2022, there were no restructured loans that were extended beyond the initial maturity of the modification; while in fiscal 2021, there were 12 restructured loans totaling $4.7 million (which were all COVID-19 related forbearance loans prior to their restructuring) that were extended beyond the initial maturity of the modification. As of June 30, 2022, the net outstanding balance of the Corporation's 13 restructured loans was $4.5 million; one loan with an outstanding balance of $722,000 was classified as substandard on non-accrual status. As of June 30, 2022, all of the restructured loans were current with respect to their payment status, consistent with their modified terms. As of June 30, 2021, the net outstanding balance of the Corporation's 23 restructured loans was $7.9 million; 20 loans totaling $7.0 million were classified as substandard on non-accrual status and three loans totaling $876,000 were classified as pass category on accrual status. As of June 30, 2021, $7.7 million, or 97 percent, of the restructured loans were current with respect to their payment status, consistent with their modified terms. At both June 30, 2022 and June 30, 2021, there were no commitments to lend additional funds to those borrowers whose loans were restructured. The following table summarizes at the dates indicated the restructured loan balances, net of allowance for loan losses or charge-offs, by loan type and non-accrual versus accrual status at June 30, 2022 and 2021 : At June 30, (In Thousands) 2022 2021 Restructured loans on non-accrual status: Mortgage loans: Single-family $ 722 $ 6,983 Total 722 6,983 Restructured loans on accrual status: Mortgage loans: Single-family 3,748 876 Total 3,748 876 Total restructured loans $ 4,470 $ 7,859 The following tables show the restructured loans by type, net of allowance for loan losses or charge-offs, at June 30, 2022 and 2021: At June 30, 2022 Unpaid Net Principal Related Recorded Recorded (In Thousands) Balance Charge-offs Investment Allowance (1) Investment Mortgage loans: Single-family: With a related allowance $ 760 $ — $ 760 $ (38) $ 722 Without a related allowance (2) 3,748 — 3,748 — 3,748 Total single-family 4,508 — 4,508 (38) 4,470 Total restructured loans $ 4,508 $ — $ 4,508 $ (38) $ 4,470 (1) Consists of collectively and individually evaluated allowances, specifically assigned to the individual loan. (2) There was no related allowance for loan losses because these loans have been charged-off to their fair value or the fair value of the collateral is higher than the loan balance. At June 30, 2021 Unpaid Net Principal Related Recorded Recorded (In Thousands) Balance Charge-offs Investment Allowance (1) Investment Mortgage loans: Single-family: With a related allowance $ 7,151 $ — $ 7,151 $ (384) $ 6,767 Without a related allowance (2) 1,457 (365) 1,092 — 1,092 Total single-family 8,608 (365) 8,243 (384) 7,859 Total restructured loans $ 8,608 $ (365) $ 8,243 $ (384) $ 7,859 (1) Consists of collectively and individually evaluated allowances, specifically assigned to the individual loan. (2) There was no related allowance for loan losses because these loans have been charged-off to their fair value or the fair value of the collateral is higher than the loan balance. In the ordinary course of business, the Bank makes loans to its directors, officers and employees on substantially the same terms prevailing at the time of origination for comparable transactions with unaffiliated borrowers. The following is a summary of related-party loan activity: Year Ended June 30, (In Thousands) 2022 2021 Balance, beginning of year $ — $ 1 Sales and payments — (1) Balance, end of year $ — $ — As of June 30, 2022 and 2021, there were no outstanding related-party loans.

Leases

Leases	12 Months Ended
Leases	Jun. 30, 2022
Leases
Leases	Note 4: Leases The Corporation accounts for its leases in accordance with ASC 842, which was implemented on July 1, 2019, and requires the Corporation to record liabilities for future lease obligations as well as assets representing the right to use the underlying leased assets. The Corporation’s leases primarily represent future obligations to make payments for the use of buildings, space or equipment for its operations. Liabilities to make future lease payments are recorded in accounts payable, accrued interest and other liabilities, while right-of-use assets are recorded in premises and equipment in the Corporation’s Consolidated Statements of Financial Condition. At June 30, 2022, all of the Corporation’s leases were classified as operating leases and the Corporation did not have any operating leases with an initial term of 12 months or less (“short-term leases”). Liabilities to make future lease payments and right-of-use assets are recorded for operating leases and do not include short-term leases. These liabilities and right-of-use assets are determined based on the total contractual base rents for each lease, which include options to extend or renew each lease, where applicable, and where the Corporation believes it has an economic incentive to extend or renew the lease. Due to the fact that lease extensions are not reasonably certain, the Corporation generally does not recognize payments occurring during option periods in the calculation of its operating right-of-use lease assets and operating lease liabilities. The Corporation utilizes the FHLB - San Francisco interest rates as a discount rate for each of the remaining contractual terms at the adoption date as well as for future leases if the discount rate is not stated in the lease. For leases that contain variable lease payments, the Corporation assumes future lease payment escalations based on a lease payment escalation rate specified in the lease or the specified index rate observed at the time of lease commencement. Liabilities to make future lease payments are accounted for using the interest method, being reduced by periodic contractual lease payments net of periodic interest accretion. Right-of-use assets for operating leases are amortized over the term of the associated lease by amounts that represent the difference between periodic straight-line lease expense and periodic interest accretion in the related liability to make future lease payments. For the fiscal years ended June 30, 2022 and 2021, expenses associated with the Corporation’s leases totaled $880,000 and $866,000, respectively, and were recorded in premises and occupancy expenses and equipment expenses in the Consolidated Statements of Operations. The following table presents supplemental information related to operating leases at the date and for the years indicated: As of (In Thousands) June 30, 2022 June 30, 2021 Consolidated Statements of Condition: Premises and equipment - Operating lease right of use assets $ 1,969 $ 2,117 Accounts payable, accrued interest and other liabilities – Operating lease liabilities $ 1,998 $ 2,192 Year Ended June 30, 2022 2021 Consolidated Statements of Operations: Premises and occupancy expenses from operating leases (1) $ 788 $ 797 Equipment expenses from operating leases $ 92 $ 69 Consolidated Statements of Cash Flows: Operating cash flows from operating leases, net $ 921 $ 905 (1) Includes immaterial variable lease costs. The following table provides information related to remaining minimum contractual lease payments and other information associated with the Corporation’s leases as of June 30, 2022: Amount (1) Year Ending June 30, (In Thousands) 2023 $ 832 2024 555 2025 400 2026 236 2027 39 Thereafter — Total contract lease payments $ 2,062 Total liability to make lease payments $ 1,998 Difference in undiscounted and discounted future lease payments $ 64 Weighted average discount rate 1.97 % Weighted average remaining lease term (years) 3.1 (1) Contractual base rents do not include property taxes and other operating expenses due under respective lease agreements.

Premises and Equipment

Premises and Equipment	12 Months Ended
Premises and Equipment	Jun. 30, 2022
Premises and Equipment
Premises and Equipment	Note 5: Premises and Equipment Premises and equipment at June 30, 2022 and 2021 consisted of the following: June 30, (In Thousands) 2022 2021 Land $ 2,853 $ 2,853 Buildings 9,896 9,772 Leasehold improvements 2,996 3,033 Furniture and equipment 5,427 5,416 Automobiles 167 164 Operating lease – right of use assets (1) 1,969 2,117 23,308 23,355 Less accumulated depreciation and amortization (14,482) (13,978) Total premises and equipment, net $ 8,826 $ 9,377 (1) Net of accumulated amortization. Depreciation and amortization expense for the years ended June 30, 2022 and 2021 amounted to $1.5 million and $1.6 million, respectively.

Deposits

Deposits	12 Months Ended
Deposits	Jun. 30, 2022
Deposits
Deposits	Note 6: Deposits Deposits at June 30, 2022 and 2021 consisted of the following: June 30, 2022 June 30, 2021 (Dollars in Thousands) Interest Rate Amount Interest Rate Amount Checking deposits – non interest-bearing — $ 125,089 — $ 123,179 Checking deposits – interest-bearing (1) 0.00% - 0.20% 335,788 0.00% - 0.20% 327,388 Savings deposits (1) 0.00% - 0.70% 333,581 0.00% - 0.70% 307,299 Money market deposits (1) 0.00% - 2.00% 39,897 0.00% - 2.00% 39,670 Time deposits: (1) Under $100 0.00% - 2.13% 60,721 0.00% - 2.13% 71,026 $100 and over 0.05% - 2.13% 60,428 0.05% - 2.13% 69,411 Total deposits $ 955,504 $ 937,973 Weighted-average interest rate on deposits 0.11 % 0.15 % (1) Certain interest-bearing checking, savings, money market and time deposits require a minimum balance to earn interest. The aggregate annual maturities of time deposits at June 30, 2022 and 2021 were as follows: June 30, (In Thousands) 2022 2021 One year or less $ 78,644 $ 76,705 Over one to two years 20,600 37,687 Over two to three years 13,890 11,230 Over three to four years 3,552 11,923 Over four to five years 3,186 2,493 Over five years 1,277 399 Total time deposits $ 121,149 $ 140,437 Interest expense on deposits for the years indicated is summarized as follows: Year Ended June 30, (In Thousands) 2022 2021 Checking deposits – interest-bearing $ 149 $ 188 Savings deposits 172 208 Money market deposits 71 80 Time deposits 752 1,269 Total interest expense on deposits $ 1,144 $ 1,745 The Bank is required to maintain reserve balances with the Federal Reserve Bank of San Francisco. Effective March 26, 2020, the Federal Reserve lowered the reserve ratios on transaction accounts maintained at a depository institution to zero percent so there was no required reserve balance at June 30, 2022 and 2021.

Borrowings

Borrowings	12 Months Ended
Borrowings	Jun. 30, 2022
Borrowings
Borrowings	Note 7: Borrowings Advances from the FHLB – San Francisco, which mature on various dates through 2025, are collateralized by pledges of certain real estate loans with an aggregate balance at June 30, 2022 and 2021 of $570.4 million and $607.0 million, respectively. In addition, the Bank pledged investment securities totaling $4.7 million and $1.6 million to collateralize its FHLB – San Francisco advances under the Securities-Backed Credit (“SBC”) program at June 30, 2022 and 2021, respectively. The Bank’s FHLB – San Francisco borrowing capacity, which is limited to 35% of total assets reported on the Bank’s quarterly Call Report, was approximately $415.7 million and $416.2 million at June 30, 2022 and 2021, respectively. As of June 30, 2022 and 2021, the remaining/available borrowing facility was $310.3 million and $296.8 million, respectively, and the remaining/available collateral was $310.5 million and $343.1 million, respectively. In addition, as of June 30, 2022 and 2021, the Bank had a $153.9 million and $206.1 million discount window facility, respectively, at the Federal Reserve Bank of San Francisco, collateralized by investment securities with a fair market value of $163.7 million and $219.2 million, respectively. As of June 30, 2022 and 2021, the Bank also had a borrowing arrangement in the form of a federal funds facility with its correspondent bank for $50.0 million and $17.0 million, respectively. The Bank intends to request a renewal of its borrowing arrangement with the correspondent bank prior to maturity. As of both June 30, 2022 and 2021, there were no outstanding borrowings under the discount window facility or the federal funds facility with the correspondent bank. Borrowings at June 30, 2022 and 2021 consisted of the following: June 30, (In Thousands) 2022 2021 FHLB - San Francisco advances $ 85,000 $ 100,983 In addition to the total borrowings described above, the Bank utilizes its borrowing facility for letters of credit and MPF credit enhancement. The outstanding letters of credit at June 30, 2022 and 2021 were $18.0 million and $16.0 million, respectively; and the outstanding MPF credit enhancement was $2.5 million at both, June 30, 2022 and June 30, 2021. As a member of the FHLB – San Francisco, the Bank is required to maintain a minimum investment in FHLB – San Francisco capital stock. At both June 30, 2022 and 2021, the Bank held a stock investment of $8.2 million with no excess capital stock at either date. During fiscal 2022, the FHLB – San Francisco did not redeem any excess capital stock, while the Bank purchased $84,000 of FHLB - San Francisco capital stock. During fiscal 2021, the FHLB – San Francisco did not redeem any The following tables set forth certain information regarding borrowings by the Bank at the dates and for the years indicated: At or For the Year Ended June 30, (Dollars in Thousands) 2022 2021 Balance outstanding at the end of year: FHLB - San Francisco advances $ 85,000 $ 100,983 Weighted-average rate at the end of year: FHLB - San Francisco advances 2.20 % 2.19 % Maximum amount of borrowings outstanding at any month end: FHLB - San Francisco advances $ 100,978 $ 141,042 Average short-term borrowings during the year with respect to: (1) FHLB - San Francisco advances $ 25,513 $ 35,631 Weighted-average short-term borrowing rate during the year with respect to: (1) FHLB - San Francisco advances 1.87 % 2.14 % (1) Borrowings with a remaining term of 12 months or less. The aggregate annual contractual maturities of borrowings at June 30, 2022 and 2021 were as follows: June 30, (Dollars in Thousands) 2022 2021 Within one year $ 35,000 $ 20,983 Over one to two years 30,000 30,000 Over two to three years 20,000 30,000 Over three to four years — 20,000 Over four to five years — — Over five years — — Total borrowings $ 85,000 $ 100,983 Weighted average interest rate 2.20 % 2.19 %

Income Taxes

Income Taxes	12 Months Ended
Income Taxes	Jun. 30, 2022
Income Taxes
Income Taxes	Note 8: Income Taxes ASC 740, “Income Taxes,” requires the affirmative evaluation that it is more likely than not, based on the technical merits of a tax position, that an enterprise is entitled to economic benefits resulting from positions taken in income tax returns. If a tax position does not meet the more-likely-than-not recognition threshold, the benefit of that position is not recognized in the financial statements. Management has determined that there were no unrecognized tax benefits to be reported in the Corporation’s consolidated financial statements for the years ended June 30, 2022 and 2021. Under generally accepted accounting principles, the Corporation uses the asset and liability method of accounting for income taxes. Under this method, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The Corporation’s effective tax rate may differ from the estimated statutory tax rates described above due to discrete items such as further adjustments to net deferred tax assets, excess tax benefits derived from stock option exercises and non-taxable earnings from bank owned life insurance, among other items. The Corporation utilizes the asset and liability method of accounting for income taxes whereby deferred tax assets are recognized for deductible temporary differences and tax credit carryforwards and deferred tax liabilities are recognized for taxable temporary differences. Temporary differences are the differences between the reported amounts of assets and liabilities and their tax bases. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. Deferred tax assets and liabilities are adjusted for the effect of changes in tax laws and rates on the date of enactment. The provision for income taxes for the years indicated consisted of the following: Year Ended June 30, (In Thousands) 2022 2021 Current: Federal $ 1,781 $ 1,547 State 844 598 2,625 2,145 Deferred: Federal 696 303 State 444 178 1,140 481 Provision for income taxes $ 3,765 $ 2,626 The Corporation’s tax benefit from non-qualified equity compensation recognized in the Consolidated Statements of Operations in connection with the adoption of ASU 2016-09 for fiscal 2022 and 2021 was $0 and $91,000, respectively. The provision for income taxes differs from the amount of income tax determined by applying the applicable U.S. statutory federal income tax rate to net income before income taxes as a result of the following differences for the years indicated: Year Ended June 30, 2022 2021 (In Thousands) Amount Tax Rate Amount Tax Rate Federal income tax at statutory rate $ 2,700 21.00 % $ 2,139 21.00 % State income tax, net of federal income tax benefit 988 7.68 % 614 6.05 % Changes in taxes resulting from: Bank-owned life insurance (39) (0.31) % (40) (0.39) % Non-deductible expenses 8 0.06 % 6 0.06 % Non-deductible stock-based compensation — — % (30) (0.30) % Excess tax benefit on stock-based compensation — — % (64) — % Return to provision adjustment 107 0.84 % — — % Other 1 0.01 % 1 (0.64) % Effective income tax $ 3,765 29.28 % $ 2,626 25.78 % Deferred tax assets at June 30, 2022 and 2021 by jurisdiction were as follows: June 30, (In Thousands) 2022 2021 Deferred taxes - federal $ 947 $ 1,617 Deferred taxes - state 485 926 Total net deferred tax assets $ 1,432 $ 2,543 Net deferred tax assets at June 30, 2022 and 2021 were comprised of the following: June 30, (In Thousands) 2022 2021 Loss reserves $ 1,968 $ 2,734 Non-accrued interest 199 392 Deferred compensation 2,903 2,512 Accrued vacation 178 197 Depreciation 211 153 State tax 64 — Other 245 307 Total deferred tax assets 5,768 6,295 FHLB - San Francisco stock dividends (645) (645) Prepaid expenses (28) (41) Unrealized loss (gain) on investment securities 1 (27) Unrealized gain on interest-only strips (2) (3) Deferred loan costs (3,662) (2,974) State tax — (62) Total deferred tax liabilities (4,336) (3,752) Net deferred tax assets $ 1,432 $ 2,543 The net deferred tax assets were included in prepaid expenses and other assets in the Consolidated Statements of Financial Condition. The Corporation analyzes the deferred tax assets to determine whether a valuation allowance is required based on the more-likely-than-not criteria that such assets will be realized principally through future taxable income. This criteria takes into account the actual earnings and the estimates of future profitability. The Corporation may carryback net federal tax losses to the preceding five taxable years and forward to the succeeding 20 taxable years. At June 30, 2022 and 2021, the Corporation had no federal and state net tax loss carryforwards. Based on management’s consideration of historical and anticipated future income before income taxes, as well as the reversal period for the items giving rise to the deferred tax assets and liabilities, a valuation allowance was not considered necessary at June 30, 2022 and 2021 and management believes it is more likely than not the Corporation will realize its deferred tax asset. Retained earnings at June 30, 2022 and 2021 include approximately $9.0 million (pre-1988 bad debt reserve for tax purposes) for which federal income tax of $3.1 million has not been provided. If the amounts that qualify as deductions for federal income tax purposes are later used for purposes other than for bad debt losses, including distribution in liquidation, they will be subject to federal income tax at the then-current corporate tax rate. If those amounts are not so used, they will not be subject to tax even in the event the Bank were to convert its charter from a thrift to a bank. The Corporation files income tax returns for the United States and California jurisdictions. The Internal Revenue Service has audited the Bank’s income tax returns through 1996 and the California Franchise Tax Board has audited the Bank through 1990. Also, the Internal Revenue Service completed a review of the Corporation’s income tax returns for fiscal 2006 and 2007; and the California Franchise Tax Board completed a review of the Corporation’s income tax returns for fiscal 2009 and 2010. Fiscal years of 2019 and thereafter remain subject to federal examination, while the California state tax returns for fiscal years 2018 and thereafter are subject to examination by state taxing authorities. It is the Corporation’s policy to record any penalties or interest charges arising from federal or state taxes as a component of income tax expense. For the fiscal years ended June 30, 2022 and 2021, there were no tax penalties and no interest charges arising from federal or state taxes.

Capital

Capital	12 Months Ended
Capital	Jun. 30, 2022
Capital
Capital	Note 9: Capital The Bank is subject to various regulatory capital requirements administered by the federal banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory and possibly additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the Corporation’s financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Bank must meet specific capital guidelines that involve quantitative measures of the Bank’s assets, liabilities and certain off-balance-sheet items as calculated under regulatory accounting practices. The Bank’s capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings and other factors. For a bank holding company such as the Corporation with less than $3.0 billion in assets, the capital guidelines apply on a bank only basis. The Federal Reserve expects the holding company’s subsidiary bank to be well capitalized under the prompt corrective action regulations. If the Corporation was subject to regulatory guidelines for bank holding companies at June 30, 2022, it would have exceeded all regulatory capital requirements. The Bank is subject to capital regulations which establish minimum required capital ratios for Tier 1 leverage, common equity Tier 1 (“CET1”), Tier 1 risk-based and total risk-based capital. Additionally, a capital conservation buffer is required over the required minimum capital ratios, and capital regulations also defines what qualifies as capital for purposes of meeting the capital requirements. Failure to meet minimum requirements can initiate certain mandatory and possibly additional discretionary actions by bank regulators that, if undertaken, could have a direct material effect on the Corporation’s financial statements. In addition to the minimum capital ratios, the Bank has to maintain a capital conservation buffer consisting of additional CET1 capital greater than 2.5% above the required minimum levels in order to avoid limitations on paying dividends, engaging in share repurchases, and paying discretionary bonuses based on percentages of eligible retained income that could be utilized for such actions. For calendar 2020 and thereafter, the minimum requirements call for a Tier 1 leverage capital ratio of 4.00%, a CET1 capital ratio of 7.00%, a Tier 1 risk-based capital ratio of 8.50%, and a Total risk-based capital ratio of 10.50%. Under the standards, in order to be considered well-capitalized, the Bank must have at minimum a Tier 1 leverage capital ratio of 5.00%, a CET1 capital ratio of 6.50%, a Tier 1 risk-based capital ratio of 8.00%, and a Total risk-based capital ratio of 10.00%. The Bank’s actual and required minimum capital amounts and ratios at the dates indicated are as follows (dollars in thousands): Regulatory Requirements Minimum for Capital Minimum to Be Actual Adequacy Purposes (1) Well Capitalized Amount Ratio Amount Ratio Amount Ratio Provident Savings Bank, F.S.B.: As of June 30, 2022 Tier 1 leverage capital (to adjusted average assets) $ 124,871 10.47 % $ 47,699 4.00 % $ 59,624 5.00 % CET1 capital (to risk-weighted assets) $ 124,871 19.58 % $ 44,653 7.00 % $ 41,463 6.50 % Tier 1 capital (to risk-weighted assets) $ 124,871 19.58 % $ 54,221 8.50 % $ 51,032 8.00 % Total capital (to risk-weighted assets) $ 130,565 20.47 % $ 66,979 10.50 % $ 63,790 10.00 % As of June 30, 2021 Tier 1 leverage capital (to adjusted average assets) $ 121,621 10.19 % $ 47,736 4.00 % $ 59,670 5.00 % CET1 capital (to risk-weighted assets) $ 121,621 18.58 % $ 45,816 7.00 % $ 42,544 6.50 % Tier 1 capital (to risk-weighted assets) $ 121,621 18.58 % $ 55,634 8.50 % $ 52,361 8.00 % Total capital (to risk-weighted assets) $ 129,335 19.76 % $ 68,724 10.50 % $ 65,452 10.00 % (1) Inclusive of the conservation buffer of 2.50% for CET1 capital, Tier 1 capital and Total capital ratios. At June 30, 2022, the Bank exceeded all regulatory capital requirements. The Bank was categorized as "well-capitalized" at June 30, 2022 under the regulations of the OCC. The ability of the Corporation to pay dividends to stockholders depends primarily on the ability of the Bank to pay dividends to the Corporation. The Corporation and the Bank may not declare or pay cash dividends on or repurchase any of its shares of common stock, if the effect would cause stockholders’ equity to be reduced below applicable regulatory capital maintenance requirements or if such declaration and payment would otherwise violate regulatory requirements. Generally, savings institutions, such as the Bank, that before and after the proposed distribution are well-capitalized, may make capital distributions during any calendar year up to 100% of net income for the year-to-date plus retained net income for the two preceding years. However, an institution deemed to be in need of more than normal supervision or in troubled condition by the OCC may have its dividend authority restricted by the OCC. If the Bank, however, proposes to make a capital distribution when it does not meet its capital requirements (or will not following the proposed capital distribution) or that will exceed these net income-based limitations, it must obtain the OCC's approval prior to making such distribution. In addition, the Bank must file a prior written notice of a dividend with the Federal Reserve. The Federal Reserve or the OCC may object to a capital distribution based on safety and soundness concerns. Additional restrictions on Bank dividends may apply if the Bank fails the Qualified Thrift Lender test. In fiscal 2022 and 2021, the Bank declared and paid $7.5 million and $5.0 million of cash dividends to its parent, the Corporation, respectively.

Benefit Plans

Benefit Plans	12 Months Ended
Benefit Plans	Jun. 30, 2022
Benefit Plans
Benefit Plans	Note 10: Benefit Plans The Corporation has a 401(k) defined-contribution plan covering all employees meeting specific age and service requirements. Under the plan, employees may contribute to the plan from their pretax compensation up to the limits set by the Internal Revenue Service. The Corporation makes matching contributions up to 3% of a participants’ pretax compensation. Participants vest immediately in their own contributions with 100% vesting in the Corporation’s contributions occurring after six years of credited service. The Corporation’s expense for the plan was approximately $297,000 for both the years ended June 30, 2022 and 2021. The Corporation has a multi-year employment agreement and a post-retirement compensation agreement with one executive officer and a post-retirement compensation agreement with another executive officer, which requires payments of certain benefits upon retirement. At June 30, 2022 and 2021, the accrued liability of the post-retirement compensation agreements was $6.8 million and $6.6 million, respectively; costs are being accrued and expensed annually. For fiscal 2022 and 2021, the accrued expense for these liabilities was $217,000 and $563,000, respectively. The current obligation for these post-retirement benefits was fully funded consistent with contractual requirements and actuarially determined estimates of the total future obligation. The Corporation invests in BOLI to provide sufficient funding for these post-retirement obligations. As of June 30, 2022 and 2021, the total outstanding cash surrender value of the BOLI was $8.2 million and $8.0 million, respectively. For fiscal 2022 and 2021, the total BOLI non-taxable income, net of mortality cost was $188,000 and $191,000, respectively. Employee Stock Ownership Plan The Corporation established an ESOP on June 27, 1996 for all employees who are age 21 or older and have completed one year of service with the Corporation during which they have served a minimum of 1,000 hours. The Corporation recognizes compensation expense when the Corporation contributes funds to the ESOP for the purchase of the Corporation’s common stock to be allocated to the ESOP participants. The Corporation's contribution to the ESOP plan is discretionary. During fiscal 2022, there were 20,000 shares that were purchased in the open market and $317,000 in cash contributions to fulfill the annual discretionary allocation. This compares to fiscal 2021 when the Corporation purchased 40,000 shares in the open market to fulfill the annual discretionary allocation. Since the annual contributions are discretionary, the benefits payable under the ESOP cannot be estimated. Benefits generally become 100% vested after six years of credited service. Vesting accelerates upon retirement, death or disability of the participant or in the event of a change in control of the Corporation. Forfeitures are reallocated among remaining participating employees in the same proportion as contributions. Benefits are payable upon death, retirement, early retirement, disability or separation from service. The net expense related to the ESOP for the years ended June 30, 2022 and 2021 was $659,000 and $577,000 respectively. Available shares and cash contributions, if any, are allocated every calendar year end; and the total allocated at December 31, 2021 and 2020 were 40,000 shares at both dates.

Incentive Plans

Incentive Plans	12 Months Ended
Incentive Plans	Jun. 30, 2022
Incentive Plans
Incentive Plans	Note 11: Incentive Plans As of June 30, 2022, the Corporation had three share-based compensation plans, which are described below. These plans are the 2013 Equity Incentive Plan (“2013 Plan”), the 2010 Equity Incentive Plan (“2010 Plan”) and the 2006 Equity Incentive Plan (“2006 Plan”, collectively, the “Plans”). For the years ended June 30, 2022 and 2021, the compensation cost for the Plans was $798,000 and $1.3 million, respectively. Equity Incentive Plans. Equity Incentive Plans - Stock Options. The fair value of each option grant is estimated using the Black-Scholes option valuation model with the following assumptions as of the grant date for the periods indicated. The expected volatility is based on implied volatility from historical common stock closing prices for the prior 84 months. The expected dividend yield is based on the most recent quarterly dividend on an annualized basis. The expected term is based on the historical experience of all fully vested stock option grants and is reviewed annually. The risk-free interest rate is based on the U.S. Treasury note rate with a term similar to the underlying stock option on the particular grant date. Fiscal 2022 Fiscal 2021 Expected volatility 20.3 % — % Weighted-average volatility 20.3 % — % Expected dividend yield 3.4 % — % Expected term (in years) 7.4 — Risk-free interest rate 1.4 % — % In fiscal 2022, there were 14,000 options granted and 3,000 options expired, while no options were exercised or forfeited As of June 30, 2022 and 2021, there were 43,500 options and 60,500 options available for future grants under the 2013 Plan, respectively. The following tables summarize the stock option activity in the Plans during the years ended June 30, 2022 and 2021: Weighted- Weighted- Average Aggregate Average Remaining Intrinsic Exercise Contractual Value Options Shares Price Term (Years) ($000) Outstanding at June 30, 2020 554,500 $ 14.07 Granted — $ — Exercised (132,000) $ 7.43 Forfeited (5,500) $ 10.68 Outstanding at June 30, 2021 417,000 $ 16.22 4.28 $ 760 Vested and expected to vest at June 30, 2021 408,000 $ 16.13 4.20 $ 760 Exercisable at June 30, 2021 372,000 $ 15.74 3.84 $ 760 Outstanding at June 30, 2021 417,000 $ 16.22 Granted 17,000 $ 16.70 Exercised — $ — Forfeited — $ — Expired (3,000) $ 16.70 Outstanding at June 30, 2022 431,000 $ 16.24 3.48 $ 63 Vested and expected to vest at June 30, 2022 419,200 $ 16.15 3.36 $ 63 Exercisable at June 30, 2022 372,000 $ 15.74 2.84 $ 63 As of June 30, 2022 and 2021, there was $94,000 and $114,000 of unrecognized compensation expense, respectively, related to unvested share-based compensation arrangements with respect to stock options issued under the Plans. The expense is expected to be recognized over a weighted-average period of 1.6 years and 1.9 years, respectively. The forfeiture rate during both fiscal 2022 and 2021 was 20 percent, and was calculated by using the historical forfeiture experience of all fully vested stock option grants which is reviewed annually. Equity Incentive Plans – Restricted Stock. In fiscal 2022, 1,000 shares of restricted stock were awarded, while 1,000 shares were vested and distributed, and 6,500 shares were forfeited. In fiscal 2021, no shares of restricted stock were awarded and 112,750 shares were vested and distributed, while 11,500 shares were forfeited. As of June 30, 2022 and 2021, there were 68,250 and 62,750 shares available for future awards under the 2013 Plan, respectively. The following table summarizes the restricted stock activity for the years ended June 30, 2022 and 2021: Weighted-Average Award Date Unvested Shares Shares Fair Value Unvested at June 30, 2020 225,500 $ 18.55 Awarded — $ — Vested (112,750) $ 18.53 Forfeited (11,500) $ 18.57 Unvested at June 30, 2021 101,250 $ 18.57 Expected to vest at June 30, 2021 81,000 $ 18.57 Unvested at June 30, 2021 101,250 $ 18.57 Awarded 1,000 $ 16.70 Vested (1,000) $ 16.70 Forfeited (6,500) $ 18.57 Unvested at June 30, 2022 94,750 $ 18.57 Expected to vest at June 30, 2022 75,800 $ 18.57 As of June 30, 2022 and 2021, the unrecognized compensation expense was $994,000 and $1.8 million, respectively, related to unvested share-based compensation arrangements with respect to restricted stock issued under the Plans, and reported as a reduction to stockholders’ equity. This expense is expected to be recognized over a weighted-average period of 0.9 years and 1.9 years, respectively. Similar to stock options, a forfeiture rate of 20 percent was applied to the restricted stock compensation expense calculations in fiscal 2022 and 2021. For the fiscal years ended June 30, 2022 and 2021, the fair value of shares vested and distributed was $17,000 and $2.1 million, respectively.

Earnings Per Share

Earnings Per Share	12 Months Ended
Earnings Per Share	Jun. 30, 2022
Earnings Per Share
Earnings Per Share	Note 12: Earnings Per Share Basic earnings per share (“EPS”) excludes dilution and is computed by dividing income available to common shareholders by the weighted-average number of shares outstanding for the period. Diluted EPS reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that would then share in the earnings of the Corporation. As of June 30, 2022 and 2021, there were outstanding options to purchase 431,000 shares and 417,000 shares of the Corporation’s common stock, respectively, of which 130,000 shares and 116,000 shares, respectively, were excluded from the diluted EPS computation as their effect was anti-dilutive. As of June 30, 2022 and 2021, there were outstanding restricted stock awards of 94,750 shares and 101,250 shares, respectively. The following table provides the basic and diluted EPS computations for the fiscal years ended June 30, 2022 and 2021, respectively: For the Year Ended June 30, 2022 Income Shares Per-Share (Dollars in Thousands, Except Share Amount) (Numerator) (Denominator) Amount Basic EPS $ 9,093 7,404,089 $ 1.23 Effect of dilutive shares: Stock options 29,614 Restricted stock 15,301 Diluted EPS $ 9,093 7,449,004 $ 1.22 For the Year Ended June 30, 2021 Income Shares Per-Share (Dollars in Thousands, Except Share Amount) (Numerator) (Denominator) Amount Basic EPS $ 7,561 7,464,814 $ 1.01 Effect of dilutive shares: Stock options 49,917 Restricted stock 23,678 Diluted EPS $ 7,561 7,538,409 $ 1.00

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
Commitments and Contingencies	Jun. 30, 2022
Commitments and Contingencies.
Commitments and Contingencies	Note 13: Commitments and Contingencies Periodically, there have been various claims and lawsuits involving the Corporation, such as claims to enforce liens, condemnation proceedings on properties in which the Corporation holds security interests, claims involving the making and servicing of real property loans, employment matters and other issues in the ordinary course of and incidental to the Corporation’s business. These proceedings and the associated legal claims are often contested and the outcome of individual matters is not always predictable. Additionally, in some actions, it is difficult to assess potential exposure because the Corporation is still in the early stages of the litigation. The Corporation is not a party to any pending legal proceedings that it believes would have a material adverse effect on its financial condition, operations or cash flows. The Corporation conducts a portion of its operations in leased facilities and has maintenance contracts under non-cancelable agreements classified as operating leases, which include leases recorded under ASC 842 on liabilities for future lease obligations as well as assets representing the right to use the underlying leased assets (See Note 5 of the Notes to Consolidated Financial Statements). The following is a schedule of the Corporation’s lease and operating commitments: Amount Year Ending June 30, (In Thousands) 2023 $ 1,192 2024 589 2025 435 2026 250 2027 41 Thereafter — Total minimum payments required $ 2,507 For the years ended June 30, 2022 and 2021, the lease and operating commitment expense was approximately $1.8 million and $1.7 million, respectively. The Bank sold single-family mortgage loans to unrelated third parties with standard representation and warranty provisions in the ordinary course of its business activities. Under these provisions, the Bank is required to repurchase any previously sold loan for which the representations or warranties of the Bank prove to be inaccurate, incomplete or misleading. In the event of a borrower default or fraud, pursuant to a breached representation or warranty, the Bank may be required to reimburse the investor for any losses suffered. As of June 30, 2022 and 2021, the Bank maintained a non-contingent recourse liability related to these representations and warranties of $150,000 and $175,000, respectively. In addition, the Bank maintained a recourse liability of $10,000 and $25,000 at June 30, 2022 and 2021, respectively, for loans sold to the FHLB – San Francisco under the MPF program. In the ordinary course of business, the Corporation enters into contracts with third parties under which the third parties provide services on behalf of the Corporation. In many of these contracts, the Corporation agrees to indemnify the third party service provider under certain circumstances. The terms of the indemnity vary from contract to contract and the amount of the indemnification liability, if any, cannot be determined. The Corporation also enters into other contracts and agreements; such as, loan sale agreements, litigation settlement agreements, confidentiality agreements, loan servicing agreements, leases and subleases, among others, in which the Corporation agrees to indemnify third parties for acts by the Corporation’s agents, assignees and/or sub-lessees, and employees. Due to the nature of these indemnification provisions, the Corporation cannot calculate its aggregate potential exposure. Pursuant to their governing instruments, the Corporation and its subsidiaries provide indemnification to directors, officers, employees and, in some cases, agents of the Corporation against certain liabilities incurred as a result of their service on behalf of or at the request of the Corporation and its subsidiaries. It is not possible for the Corporation to determine the aggregate potential exposure resulting from the obligation to provide this indemnity.

Derivative and Other Financial

Derivative and Other Financial Instruments with Off-Balance Sheet Risks	12 Months Ended
	Jun. 30, 2022
Derivative and Other Financial Instruments with Off-Balance Sheet Risks
Derivative and Other Financial Instruments with Off-Balance Sheet Risks	Note 14: Derivative and Other Financial Instruments with Off-Balance Sheet Risks The Corporation is a party to financial instruments with off-balance sheet risk in the normal course of business to meet the financing needs of its customers. These financial instruments include commitments to extend credit in the form of originating loans or providing funds under existing lines of credit, loan sale commitments to third parties and option contracts. These instruments involve, to varying degrees, elements of credit and interest-rate risk in excess of the amount recognized in the accompanying Consolidated Statements of Financial Condition. The Corporation’s exposure to credit loss, in the event of non-performance by the counterparty to these financial instruments, is represented by the contractual amount of these instruments. The Corporation uses the same credit policies in entering into financial instruments with off-balance sheet risk as it does for on-balance sheet instruments. As of June 30, 2022 and 2021, the Corporation had commitments to extend credit on loans to be held for investment of $43.4 million and $21.9 million, respectively. The following table provides information at the dates indicated regarding undisbursed funds to borrowers on existing lines of credit with the Corporation as well as commitments to originate loans to be held for investment at the dates indicated below: June 30, Commitments 2022 2021 (In Thousands) Undisbursed loan funds – Construction loans $ 3,384 $ 4,479 Undisbursed lines of credit – Commercial business loans 541 460 Undisbursed lines of credit – Consumer loans 390 425 Commitments to extend credit on loans to be held for investment 43,386 21,887 Total $ 47,701 $ 27,251 The following table provides information regarding the allowance for loan losses for the undisbursed funds and commitments to extend credit on loans to be held for investment for the years ended June 30, 2022 and 2021: Year Ended June 30, (In Thousands) 2022 2021 Balance, beginning of the year $ 127 $ 126 Provision 3 1 Balance, end of the year $ 130 $ 127

Fair Value of Financial Instrum

Fair Value of Financial Instruments	12 Months Ended
Fair Value of Financial Instruments	Jun. 30, 2022
Fair Value of Financial Instruments
Fair Value of Financial Instruments	Note 15: Fair Value of Financial Instruments The Corporation adopted ASC 820, “Fair Value Measurements and Disclosures,” and elected the fair value option pursuant to ASC 825, “Financial Instruments” on single-family loans originated for sale. ASC 820 defines fair value, establishes a framework for measuring fair value, and expands disclosures about fair value measurements. ASC 825 permits entities to elect to measure many financial instruments and certain other assets and liabilities at fair value on an instrument-by-instrument basis (the “Fair Value Option”) at specified election dates. At each subsequent reporting date, an entity is required to report unrealized gains and losses on items in earnings for which the fair value option has been elected. The objective of the Fair Value Option is to improve financial reporting by providing entities with the opportunity to mitigate volatility in reported earnings caused by measuring related assets and liabilities differently without having to apply complex hedge accounting provisions. The following table describes the difference at the dates indicated between the aggregate fair value and the aggregate unpaid principal balance of loans held for investment at fair value: Aggregate Unpaid Net Aggregate Principal Unrealized (In Thousands) Fair Value Balance Loss As of June 30, 2022: Loans held for investment, at fair value $ 1,396 $ 1,569 $ (173) As of June 30, 2021: Loans held for investment, at fair value $ 1,874 $ 1,934 $ (60) ASC 820 establishes a three-level valuation hierarchy that prioritizes inputs to valuation techniques used in fair value calculations. The three levels of inputs are defined as follows: Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Corporation has the ability to access at the measurement date. Level 2 - Observable inputs other than Level 1 such as: quoted prices for similar assets or liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, or other inputs that are observable or can be corroborated to observable market data for substantially the full term of the asset or liability. Level 3 - Unobservable inputs for the asset or liability that use significant assumptions, including assumptions of risks. These unobservable assumptions reflect the Corporation’s estimate of assumptions that market participants would use in pricing the asset or liability. Valuation techniques include the use of pricing models, discounted cash flow models and similar techniques. ASC 820 requires the Corporation to maximize the use of observable inputs and minimize the use of unobservable inputs. If a financial instrument uses inputs that fall in different levels of the hierarchy, the instrument will be categorized based upon the lowest level of input that is significant to the fair value calculation. The Corporation’s financial assets and liabilities measured at fair value on a recurring basis consist of investment securities available for sale, loans held for investment at fair value and interest-only strips; while non-performing loans and MSA are measured at fair value on a nonrecurring basis. Investment securities - available for sale are primarily comprised of U.S. government agency MBS, U.S. government sponsored enterprise MBS and privately issued CMO. The Corporation utilizes quoted prices in active markets for similar securities for its fair value measurement of MBS (Level 2) and broker price indications for similar securities in non-active markets for its fair value measurement of the privately issued CMO (Level 3). Loans held for investment at fair value are primarily single-family loans which have been transferred from loans held for sale. The fair value is determined by management estimates of the specific credit risk attributes of each loan, in addition to the quoted secondary-market prices which account for the interest rate characteristics of each loan (Level 3). Non-performing loans are loans which are inadequately protected by the current sound worth and paying capacity of the borrowers or of the collateral pledged. The non-performing loans are characterized by the distinct possibility that the Corporation will sustain some loss if the deficiencies are not corrected. The fair value of a non-performing loan is determined based on an observable market price or current appraised value of the underlying collateral. Appraised and reported values may be discounted based on management’s historical knowledge, changes in market conditions from the time of valuation, and/or management’s expertise and knowledge of the collateral. For non-performing loans which are restructured loans, the fair value is derived from discounted cash flow analysis (Level 3), except those which are in the process of foreclosure or 90 days delinquent for which the fair value is derived from the appraised value of its collateral (Level 2). For other non-performing loans which are not restructured loans, other than non-performing commercial real estate loans, the fair value is derived from relative value analysis: historical experience and management estimates by loan type for which collectively evaluated allowances are assigned (Level 3); or the appraised value of its collateral for loans which are in the process of foreclosure or where borrowers file bankruptcy (Level 2). For non-performing commercial real estate loans, the fair value is derived from the appraised value of its collateral (Level 2). Non-performing loans are reviewed and evaluated on at least a quarterly basis for additional allowance and adjusted accordingly, based on the same factors identified above. This loss is not recorded directly as an adjustment to current earnings or other comprehensive income (loss), but rather as a component in determining the overall adequacy of the allowance for loan losses. These adjustments to the estimated fair value of non-performing loans may result in increases or decreases to the provision for loan losses recorded in current earnings. The Corporation uses the amortization method for its MSA, which amortizes the MSA in proportion to and over the period of estimated net servicing income and assesses the MSA for impairment based on fair value at each reporting date. The fair value of the MSA is derived using the present value method; which includes a third party’s prepayment projections of similar instruments, weighted-average coupon rates, estimated servicing costs and discount interest rates (Level 3). The fair value of interest-only strips is derived using the same assumptions that are used to value the related MSA (Level 3). The Corporation’s valuation methodologies may produce a fair value calculation that may not be indicative of net realizable value or reflective of future fair values. While management believes the Corporation’s valuation methodologies are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different estimate of fair value at the reporting date. The following fair value hierarchy table presents information at the dates indicated about the Corporation’s assets measured at fair value on a recurring basis: Fair Value Measurement at June 30, 2022 Using: (In Thousands) Level 1 Level 2 Level 3 Total Assets: Investment securities - available for sale: U.S. government agency MBS $ — $ 1,698 $ — $ 1,698 U.S. government sponsored enterprise MBS — 865 — 865 Private issue CMO — — 113 113 Investment securities - available for sale — 2,563 113 2,676 Loans held for investment, at fair value — — 1,396 1,396 Interest-only strips — — 7 7 Total assets $ — $ 2,563 $ 1,516 $ 4,079 Liabilities: $ — $ — $ — $ — Total liabilities $ — $ — $ — $ — Fair Value Measurement at June 30, 2021 Using: (In Thousands) Level 1 Level 2 Level 3 Total Assets: Investment securities - available for sale: U.S. government agency MBS $ — $ 2,222 $ — $ 2,222 U.S. government sponsored enterprise MBS — 1,211 — 1,211 Private issue CMO — — 154 154 Investment securities - available for sale — 3,433 154 3,587 Loans held for investment, at fair value — — 1,874 1,874 Interest-only strips — — 10 10 Total assets $ — $ 3,433 $ 2,038 $ 5,471 Liabilities: $ — $ — $ — $ — Total liabilities $ — $ — $ — $ — The following is a reconciliation of the beginning and ending balances during the periods shown of recurring fair value measurements recognized in the Consolidated Statements of Financial Condition using Level 3 inputs: Fair Value Measurement Using Significant Other Unobservable Inputs (Level 3) Private Loans Held For Interest- Issue Investment, at Only (In Thousands) CMO fair value (1) Strips Total Beginning balance at June 30, 2021 $ 154 $ 1,874 $ 10 $ 2,038 Total gains or losses (realized/unrealized): Included in earnings — (113) — (113) Included in other comprehensive income (loss) (7) — (3) (10) Purchases — — — — Issuances — — — — Settlements (34) (365) — (399) Transfers in and/or out of Level 3 — — — — Ending balance at June 30, 2022 $ 113 $ 1,396 $ 7 $ 1,516 (1) The valuation of loans held for investment at fair value includes management’s estimate of the specific credit risk attributes of each loan, in addition to the quoted secondary-market prices which account for interest rate characteristics. Fair Value Measurement Using Significant Other Unobservable Inputs (Level 3) Private Loans Held For Interest- Issue Investment, at Only (In Thousands) CMO fair value (1) Strips Total Beginning balance at June 30, 2020 $ 197 $ 2,258 $ 14 $ 2,469 Total gains or losses (realized/ unrealized): Included in earnings — 51 — 51 Included in other comprehensive income (loss) 9 — (4) 5 Purchases — — — — Issuances — — — — Settlements (52) (435) — (487) Transfers in and/or out of Level 3 — — — — Ending balance at June 30, 2021 $ 154 $ 1,874 $ 10 $ 2,038 (1) The valuation of loans held for investment at fair value includes management’s estimate of the specific credit risk attributes of each loan, in addition to the quoted secondary-market prices which account for interest rate characteristics. The following fair value hierarchy table presents information about the Corporation’s assets measured at fair value at the dates indicated on a nonrecurring basis: Fair Value Measurement at June 30, 2022 Using: (In Thousands) Level 1 Level 2 Level 3 Total Non-performing loans $ — $ 515 $ 908 $ 1,423 Mortgage servicing assets — — 168 168 Total $ — $ 515 $ 1,076 $ 1,591 Fair Value Measurement at June 30, 2021 Using: (In Thousands) Level 1 Level 2 Level 3 Total Non-performing loans $ — $ 899 $ 7,747 $ 8,646 Mortgage servicing assets — — 208 208 Total $ — $ 899 $ 7,955 $ 8,854 The following table presents additional information about valuation techniques and inputs used for assets and liabilities, including derivative financial instruments, which are measured at fair value and categorized within Level 3 as of June 30, 2022: Impact to Fair Value Valuation As of from an June 30, Valuation Range (1) Increase in (Dollars In Thousands) 2022 Techniques Unobservable Inputs (Weighted Average) Inputs (2) Assets: Securities available-for sale: Private issue CMO $ 113 Market comparable pricing Comparability adjustment 0.96% Increase Loans held for investment, at fair value $ 1,396 Relative value analysis Broker quotes 91.1% - 98.0% (93.4% ) of par Increase Credit risk factor 1.2% - 100.0% (4.6%) Decrease Non-performing loans (3) $ 722 Discounted cash flow Default rates 5.0% Decrease Non-performing loans (4) $ 186 Relative value analysis Credit risk factor 20.0% Decrease Mortgage servicing assets $ 168 Discounted cash flow Prepayment rate (CPR) 4.8% - 60.0% (10.9%) Decrease Discount rate 9.0% - 10.5% (9.0%) Decrease Interest-only strips $ 7 Discounted cash flow Prepayment rate (CPR) 9.5% - 32.0% (30.6%) Decrease Discount rate 9.0% Decrease Liabilities: None (1) The range is based on the historical estimated fair values and management estimates. (2) Unless otherwise noted, this column represents the directional change in the fair value of the Level 3 investments that would result from an increase to the corresponding unobservable input. A decrease to the unobservable input would have the opposite effect. Significant changes in these inputs in isolation could result in significantly higher or lower fair value measurements. (3) Consist of restructured loans. (4) Consist of other non-performing loans, excluding restructured loans. The significant unobservable inputs used in the fair value measurement of the Corporation’s assets and liabilities include the following: CMO offered quotes, prepayment rates and discount rates, among others. Significant increases or decreases in any of these inputs in isolation could result in significantly lower or higher fair value measurement. The various unobservable inputs used to determine valuations may have similar or diverging impacts on valuation. For the fiscal year ended June 30, 2022, there were no significant changes to the Corporation's valuation techniques and inputs that had, or are expected to have, a material impact on its consolidated financial position or results of operations. The carrying amount and fair value of the Corporation’s other financial instruments as of June 30, 2022 and 2021 were as follows: June 30, 2022 Carrying Fair (In Thousands) Amount Value Level 1 Level 2 Level 3 Financial assets: Loans held for investment, not recorded at fair value $ 938,596 $ 892,339 $ — $ — $ 892,339 Investment securities - held to maturity $ 185,745 $ 171,724 $ — $ 171,724 $ — FHLB – San Francisco stock $ 8,239 $ 8,239 $ — $ 8,239 $ — Financial liabilities: Deposits $ 955,504 $ 917,220 $ — $ — $ 917,220 Borrowings $ 85,000 $ 84,299 $ — $ — $ 84,299 June 30, 2021 Carrying Fair (In Thousands) Amount Value Level 1 Level 2 Level 3 Financial assets: Loans held for investment, not recorded at fair value $ 849,086 $ 848,727 $ — $ — $ 848,727 Investment securities - held to maturity $ 223,306 $ 224,721 $ — $ 224,721 $ — FHLB – San Francisco stock $ 8,155 $ 8,155 $ — $ 8,155 $ — Financial liabilities: Deposits $ 937,973 $ 904,673 $ — $ — $ 904,673 Borrowings $ 100,983 $ 104,526 $ — $ — $ 104,526 Loans held for investment, not recorded at fair value: For loans that reprice frequently at market rates, the carrying amount approximates the fair value. For fixed-rate loans, the fair value is determined by either (i) discounting the estimated future cash flows of such loans over their estimated remaining contractual maturities using a current interest rate at which such loans would be made to borrowers, or (ii) quoted market prices. Investment securities - held to maturity: The investment securities - held to maturity consist of time deposits at CRA qualified minority financial institutions, U.S. SBA securities, U.S. government sponsored enterprise MBS and U.S. government sponsored enterprise CMOs. Due to the short-term nature of the time deposits, the principal balance approximated fair value (Level 2). For the MBS, the U.S. SBA securities and U.S. government sponsored enterprise CMOs, the Corporation utilizes quoted prices in active markets for similar securities for its fair value measurement (Level 2). FHLB – San Francisco stock: The carrying amount reported for FHLB – San Francisco stock approximates fair value. When redeemed, the Corporation will receive an amount equal to the par value of the stock. Deposits: The fair value of time deposits is estimated using a discounted cash flow calculation. The discount rate is based upon rates currently offered for deposits of similar remaining maturities. The fair value of transaction accounts (checking, money market and savings accounts) is estimated using a discounted cash flow calculation and management estimates of current market conditions. Borrowings: The fair value of borrowings has been estimated using a discounted cash flow calculation. The discount rate on such borrowings is based upon rates currently offered for borrowings of similar remaining maturities. The Corporation has various processes and controls in place to ensure that fair value is reasonably estimated. The Corporation generally determines fair value of their Level 3 assets and liabilities by using internally developed models which primarily utilize discounted cash flow techniques and prices obtained from independent management services or brokers. The Corporation performs due diligence procedures over third-party pricing service providers in order to support their use in the valuation process. While the Corporation believes its valuation methods are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different estimate of fair value at the reporting date. For the fiscal year ended June 30, 2022, there were no significant changes to the Corporation’s valuation techniques that had, or are expected to have, a material impact on its consolidated financial position or results of operations.

Revenue From Contracts With Cus

Revenue From Contracts With Customers	12 Months Ended
Revenue From Contracts With Customers	Jun. 30, 2022
Revenue From Contracts With Customers
Revenue From Contracts With Customers	Note 16: Revenue From Contracts With Customers In accordance with ASC 606, revenues are recognized when goods or services are transferred to the customer in exchange for the consideration the Corporation expects to be entitled to receive. The largest portion of the Corporation’s revenue is from interest income, which is not in the scope of ASC 606. All of the Corporation’s revenue from contracts with customers in the scope of ASC 606 is recognized in non-interest income. If a contract is determined to be within the scope of ASC 606, the Corporation recognizes revenue as it satisfies a performance obligation. Payments from customers are generally collected at the time services are rendered, monthly, or quarterly. For contracts with customers within the scope of ASC 606, revenue is either earned at a point in time or revenue is earned over time. Examples of revenue earned at a point in time are automated teller machine ("ATM") transaction fees, wire transfer fees, overdraft fees and interchange fees. Revenue is primarily based on the number and type of transactions that are generally derived from transactional information accumulated by the Bank's systems and is recognized immediately as the transactions occur or upon providing the service to complete the customer's transaction. The Corporation is generally the principal in these contracts, with the exception of interchanges fees, in which case the Corporation is acting as the agent and records revenue net of expenses paid to the principal. Examples of revenue earned over time, which generally occur on a monthly basis, are deposit account maintenance fees, investment advisory fees, merchant revenue, trust and investment management fees and safe deposit box fees. Revenue is generally derived from transactional information accumulated by its systems or those of third-parties and is recognized as the related transactions occur or services are rendered to the customer. Disaggregation of Revenue: The following table includes the Corporation's non-interest income disaggregated by type of services for the fiscal years ended June 30, 2022 and 2021: Year Ended June 30, Type of Services 2022 2021 (In Thousands) Loan servicing and other fees (1) $ 1,056 $ 1,170 Deposit account fees 1,302 1,247 Card and processing fees 1,639 1,605 Other (2) 719 551 Total non-interest income $ 4,716 $ 4,573 (1) Not in scope of ASC 606. (2) Includes BOLI of $188 thousand and $191 thousand and net gain on sale of loans of $40 thousand and net loss on sale of loans of $103 thousand for the years ended June 30, 2022 and 2021, respectively, which are not in scope of ASC 606. For the fiscal years ended June 30, 2022 and 2021, substantially all of the Corporation's revenues within the scope of ASC 606 are for performance obligations satisfied at a specified date. Revenues recognized in scope of ASC 606: Deposit account fees: Fees are earned on the Bank's deposit accounts for various products offered to or services performed for the Bank's customers. Fees include business account fees, non-sufficient fund fees, ATM fees and others. These fees are recognized on a daily, monthly or quarterly basis, depending on the type of service. Card and processing fees: Debit interchange income represents fees earned when a debit card issued by the Bank is used. The Bank earns interchange fees from cardholder transactions through a third party payment network. Interchange fees from cardholder transactions represent a percentage of the underlying transaction value and are recognized daily, concurrently with the transaction processing services provided to the cardholder. The performance obligation is satisfied and the fees are earned when the cost of the transaction is charged to the cardholders' debit card. Certain expenses directly associated with the debit cards are recorded on a net basis with the interchange income. Other: Includes asset management fees, stop payment fees, wire services fees, safe deposit box fees and other fees earned on other services, such as merchant services or occasional non-recurring type services, are recognized at the time of the event or the applicable billing cycle. Asset management fees are variable, since they are based on the underlying portfolio value, which is subject to market conditions and amounts invested by customers through a third-party provider. Asset management fees are recognized over the period that services are provided, and when the portfolio values are known or can be estimated at the end of each month.

Holding Company Condensed Finan

Holding Company Condensed Financial Information	12 Months Ended
Holding Company Condensed Financial Information	Jun. 30, 2022
Holding Company Condensed Financial Information
Holding Company Condensed Financial Information	Note 17: Holding Company Condensed Financial Information This information should be read in conjunction with the other notes to the consolidated financial statements. The following is the Condensed Statements of Financial Condition for Provident Financial Holdings (Holding Company only) as of June 30, 2022 and 2021 and Condensed Statements of Operations and Cash Flows for the fiscal years ended June 30, 2022 and 2021. Condensed Statements of Financial Condition June 30, (In Thousands) 2022 2021 Assets Cash and cash equivalents $ 3,751 $ 5,576 Investment in subsidiary 124,875 121,696 Other assets 61 60 $ 128,687 $ 127,332 Liabilities and Stockholders’ Equity Other liabilities $ 37 $ 52 Stockholders’ equity 128,650 127,280 $ 128,687 $ 127,332 Condensed Statements of Operations Year Ended June 30, (In Thousands) 2022 2021 Dividend from the Bank $ 7,500 $ 5,000 Interest and other income 3 5 Total income 7,503 5,005 General and administrative expenses 1,219 1,117 Earnings before income taxes and equity in undistributed earnings of the Bank 6,284 3,888 Income tax benefit (358) (328) Earnings before equity in undistributed earnings of the Bank 6,642 4,216 Equity in undistributed earnings of the Bank 2,451 3,345 Net income $ 9,093 $ 7,561 Condensed Statements of Cash Flows Year Ended June 30, (In Thousands) 2022 2021 Cash flow from operating activities: Net income $ 9,093 $ 7,561 Adjustments to reconcile net income to net cash provided by operating activities: Equity in undistributed earnings of the Bank (2,451) (3,345) (Increase) decrease in other assets (1) 48 Decrease in other liabilities (15) (2) Net cash provided by operating activities 6,626 4,262 Cash flow from financing activities: Exercise of stock options — 981 Treasury stock purchases (4,305) (2,336) Cash dividends (4,146) (4,173) Net cash used for financing activities (8,451) (5,528) Net decrease in cash during the year (1,825) (1,266) Cash and cash equivalents at beginning of year 5,576 6,842 Cash and cash equivalents at end of year $ 3,751 $ 5,576

Government Assistance

Government Assistance	12 Months Ended
Government Assistance	Jun. 30, 2022
Government Assistance
Government Assistance	Note 18: Government Assistance The Employee Retention Tax Credit (“ERTC”) was created as part of the CARES Act to encourage businesses to continue paying employees by providing a credit to the eligible employer for wages paid to eligible employees. The refundable credit is available for wages paid from March 13, 2020 through September 30, 2021 and can be utilized even if companies received Paycheck Protection Program (“PPP”) loans. For calendar year 2021, the maximum ERTC was $7,000 per eligible employee per quarter. The 2021 credit was computed at a rate of 70 percent of qualified wages paid, up to $10,000 per eligible employee, per quarter. For Eligible Employers with less than 500 average full-time employees in 2019 and experienced a decline in gross receipts in current quarter or prior quarter compared to the same quarter in calendar year 2019, the credit was available for all employees receiving wages in 2021. The Corporation recognized an ERTC of $1.2 million in the first quarter of fiscal 2022 and $2.4 million in the fourth quarter of fiscal 2021. The ERTC was recorded in the Consolidated Statement of Operations for the respective periods under Salaries and employee benefits expense as a reduction to the total expense and the receivables were recorded in the Consolidated Statements of Financial Condition under Prepaid expenses and other assets. Also, the ERTC is a non-taxable credit for state income tax purposes. As of June 30, 2022 and 2021, the total outstanding ERTC was $3.6 million and $2.4 million, respectively.

Subsequent Event

Subsequent Event	12 Months Ended
Subsequent Event	Jun. 30, 2022
Subsequent Event
Subsequent Event	Note 19: Subsequent Events On July 28, 2022, the Corporation announced that the Corporation’s Board of Directors declared a quarterly cash dividend of $0.14 per share. Shareholders of the Corporation’s common stock at the close of business on August 18, 2022 were entitled to receive the cash dividend, which will be payable on September 8, 2022.

Organization and Summary of S_2

Organization and Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Jun. 30, 2022
Organization and Summary of Significant Accounting Policies
Basis of presentation	Basis of presentation The consolidated financial statements include the accounts of Provident Financial Holdings, Inc., and its wholly owned subsidiary, Provident Savings Bank, F.S.B. (collectively, the “Corporation”). All inter-company balances and transactions have been eliminated. Provident Savings Bank, F.S.B. (the “Bank”) converted from a federally chartered mutual savings bank to a federally chartered stock savings bank effective June 27, 1996. Provident Financial Holdings, Inc., a Delaware corporation organized by the Bank, acquired all of the capital stock of the Bank issued in the conversion; the transaction was recorded on a book value basis. The Corporation has determined that it operates in one business segment through the Bank. The Bank's activities include attracting deposits, offering banking services and originating and purchasing single-family, multi-family, commercial real estate, construction and other mortgage loans and, to a lesser extent, commercial business and consumer loans held for investment. Deposits are collected primarily from 13 banking locations located in Riverside and San Bernardino counties in California. Additional activities may include originating saleable single-family loans, primarily fixed-rate first mortgages. Loans are primarily originated and purchased in Southern and Northern California.
Use of estimates	Use of estimates The accounting and reporting policies of the Corporation conform to generally accepted accounting principles in the United States of America (“GAAP”). The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosures of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the allowance for loan losses, the loan repurchase reserve, the valuation of investment securities, the valuation of loans held for investment at fair value, deferred tax assets, loan servicing assets, real estate owned and deferred compensation costs. The following accounting policies, together with those disclosed elsewhere in the consolidated financial statements, represent the significant accounting policies of Provident Financial Holdings, Inc. and the Bank.
Cash and cash equivalents	Cash and cash equivalents Cash and cash equivalents include cash on hand and due from banks, as well as overnight deposits placed at the Federal Reserve Bank – San Francisco and correspondent banks.
Investment securities	Investment securities The Corporation classifies its qualifying investments as available for sale or held to maturity. The Corporation classifies investments as held to maturity when it has the ability and it is management’s positive intent to hold such securities to maturity. Securities held to maturity are carried at amortized historical cost. All other securities are classified as available for sale and are carried at fair value. Fair value generally is determined based upon quoted market prices. Changes in net unrealized gains (losses) on securities available for sale are included in accumulated other comprehensive income, net of tax. Gains and losses on sale or dispositions of investment securities are included in non-interest income and are determined using the specific identification method. Purchase premiums and discounts are amortized over the expected average life of the securities using the effective interest method. Investment securities are reviewed annually for possible other-than-temporary impairment (“OTTI”). For debt securities, an OTTI is evident if the Corporation intends to sell the debt security or will more likely than not be required to sell the debt security before full recovery of the entire amortized cost basis is realized. However, even if the Corporation does not intend to sell the debt security and will not likely be required to sell the debt security before recovery of its entire amortized cost basis, the Corporation must evaluate expected cash flows to be received and determine if a credit loss has occurred. In the event of a credit loss, the credit component of the impairment is recognized within non-interest income and the non-credit component is recognized through accumulated other comprehensive income, net of tax.
Loans held for investment	Loans held for investment Loans held for investment consist of long-term adjustable and fixed rate loans secured by first trust deeds on single-family residences and multi-family and commercial real estate loans secured by commercial property, land and other residential properties. These loans are generally offered to customers and businesses located in California. Net loan origination fees and certain direct origination expenses are deferred and amortized to interest income over the contractual life of the loan using the effective interest method. Amortization is discontinued for non-performing loans. Interest receivable represents, for the most part, the current month’s interest, which will be included as a part of the borrower’s next monthly loan payment. Interest receivable is accrued only if deemed collectible. Loans are placed on non-performing status when they become 90 days past due or if the loan is deemed impaired. When a loan is placed on non-performing status, interest accrued but not received is reversed against interest income. Interest income on non-performing loans is subsequently recognized only to the extent that cash is received and the principal balance is deemed collectible. If the principal balance is not deemed collectible, the entire payment received (principal and interest) is applied to the outstanding loan balance. Non-performing loans that become current as to both principal and interest are returned to accrual status after demonstrating satisfactory payment history (usually six consecutive months) and when future payments are expected to be collected.
Allowance for loan losses	Allowance for loan losses The allowance for loan losses involves significant judgment and assumptions by management, which has a material impact on the carrying value of net loans. Management considers the accounting estimate related to the allowance for loan losses a critical accounting estimate because it is highly susceptible to changes from period to period, requiring management to make assumptions about probable incurred losses inherent in the loan portfolio at the balance sheet date. The impact of a sudden large loss could deplete the allowance and require increased provisions to replenish the allowance, which would negatively affect earnings. The allowance is based on two principles of accounting: (i) Accounting Standards Codification (“ASC”) 450, “Contingencies,” which requires that losses be accrued when they are probable of occurring and can be estimated; and (ii) ASC 310, “Receivables,” which requires that losses be accrued for non-performing loans that may be determined on an individually evaluated basis or based on an aggregated pooling method. The allowance has two components: collectively evaluated allowances and individually evaluated allowances. Each of these components is based upon estimates that can change over time. The allowance is based on historical experience and, as a result, can differ from actual losses incurred in the future. The Corporation also applies qualitative loss factors by assessing general economic indicators such as gross domestic product, retail sales, unemployment rates, employment growth, California home sales and median California home prices, as well as peer group data, reflecting the effect of events that have occurred but are not yet evidenced in the historical data. The historical data is reviewed at least quarterly and adjustments are made as needed. Management considers, based on currently available information, the allowance for loan losses sufficient to absorb probable losses inherent in loans held for investment. Various techniques are used to arrive at an individually evaluated allowance, including discounted cash flows and the fair market value of collateral. The use of these techniques is inherently subjective and the actual losses could be greater or less than the estimates.
Allowance for unfunded loan commitments	Allowance for unfunded loan commitments The Corporation maintains the allowance for unfunded loan commitments at a level that is adequate to absorb estimated probable losses related to these unfunded credit facilities. The Corporation determines the adequacy of the allowance based on periodic evaluations of the unfunded credit facilities, including an assessment of the probability of commitment usage, credit risk factors for loans outstanding to these same customers, and the terms and expiration dates of the unfunded credit facilities. The allowance for unfunded loan commitments is recorded in other liabilities on the Consolidated Statements of Financial Condition. Net adjustments to the allowance for unfunded loan commitments are included in other non-interest expense on the Consolidated Statements of Operations.
Loans in forbearance	Loans in forbearance On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act for 2020, as amended (“CARES Act”) was signed into law and on April 7, 2020, the Board of Governors of the Federal Reserve System (“Federal Reserve”), Federal Deposit Insurance Corporation (“FDIC”), National Credit Union Administration, Office of the Comptroller of the Currency (“OCC “) and Consumer Financial Protection Bureau issued the Interagency Statement on Loan Modifications and Reporting for Financial Institutions Working with Customers Affected by the Coronavirus ("Interagency Statement"). Among other things, the CARES Act and Interagency Statement provided relief to borrowers, including the opportunity to defer loan payments while not negatively affecting their credit standing. For commercial and consumer customers, the Corporation provided relief options, including payment deferrals and fee waivers. All loans modified due to COVID-19 pandemic were separately monitored and any request for continuation of relief beyond the initial modification were reassessed to determine if a further modification should be granted and if a downgrade in risk rating was appropriate. After the payment deferral period (forbearance period), normal loan payments once again became due and payable. The forbearance amount will be due and payable in full as a balloon payment at the end of the loan term or sooner if the loan becomes due and payable in full at an earlier date. As of March 31, 2021, the Corporation ceased accepting new forbearance requests and as of June 30, 2022, the Corporation had no pending requests for this type of payment relief. As of June 30, 2022, the Corporation had no forbearance loans that were modified and operating under forbearance agreements in accordance with the CARES Act and Interagency Statement. For additional information, see Note 3 of the Notes to Consolidated Financial Statements.
Troubled debt restructuring (restructured loans)	Troubled debt restructuring (“restructured loans”) A restructured loan is a loan which the Corporation, for reasons related to a borrower’s financial difficulties, grants a more than insignificant concession to the borrower that the Corporation would not otherwise consider. These financial difficulties include, but are not limited to, the borrowers’ default status on any of their debts, bankruptcy and recent changes in their financial circumstances (loss of job, etc.). The loan terms which have been modified or restructured due to a borrower’s financial difficulty, may include but are not limited to: a) A reduction in the stated interest rate. b) An extension of the maturity at an interest rate below market. c) A reduction in the accrued interest. d) Extensions, deferrals, renewals and rewrites. e) Loans that have been discharged in a Chapter 7 Bankruptcy that have not been reaffirmed by the borrower. To qualify for restructuring, a borrower must provide evidence of creditworthiness such as, current financial statements, most recent income tax returns, current paystubs, current W-2s, and most recent bank statements, among other documents, which are then verified by the Corporation. The Corporation re-underwrites the loan with the borrower’s updated financial information, new credit report, current loan balance, new interest rate, remaining loan term, updated property value and modified payment schedule, among other considerations, to determine if the borrower qualifies. The Corporation measures the allowance for loan losses of restructured loans based on the difference between the loan’s original carrying amount and the present value of expected future cash flows discounted at the original effective yield of the loan. Based on the OCC guidance with respect to restructured loans and to conform to general practices within the banking industry, the Corporation maintains certain restructured loans on accrual status, provided there is reasonable assurance of repayment and performance, consistent with the modified terms based upon a current, well-documented credit evaluation. All other restructured loans are classified as “Substandard” and placed on non-performing status. The Corporation typically upgrades restructured loans to the pass category if the borrower has demonstrated satisfactory contractual payments for at least six
Non-performing loans	Non-performing loans The Corporation assesses loans individually and classifies as non-performing when the accrual of interest has been discontinued, loans have been restructured or management has serious doubts about the future collectability of principal and interest, even though the loans may currently be performing. Factors considered in determining classification include, but are not limited to, expected future cash flows, the financial condition of the borrower and current economic conditions. The Corporation measures each non-performing loan based on ASC 310, establishes a collectively evaluated or individually evaluated allowance and charges off those loans or portions of loans deemed uncollectible.
Real estate owned	Real estate owned Real estate acquired through foreclosure is initially recorded at the fair value of the real estate acquired, less estimated selling costs. Subsequent to foreclosure, the Corporation charges current earnings for estimated losses if the carrying value of the property exceeds its fair value. Gains or losses on the sale of real estate are recognized upon disposition of the property. Costs relating to improvement, maintenance and repairs of the property are expensed as incurred under gain (loss) on sale and operations of real estate owned acquired in the settlement of loans within the Consolidated Statements of Operations.
Impairment of long-lived assets	Impairment of long-lived assets The Corporation reviews its long-lived assets for impairment annually or when events or circumstances indicate that the carrying amount of these assets may not be recoverable. Long-lived assets include buildings, land, fixtures, furniture and equipment. An asset is considered impaired when the expected discounted cash flows over the remaining useful life are less than the net book value. When impairment is indicated for an asset, the amount of impairment loss is the excess of the net book value over its fair value.
Premises and equipment	Premises and equipment Premises and equipment are stated at cost, less accumulated depreciation and amortization. Depreciation is computed primarily on a straight-line basis over the estimated useful lives as follows: Buildings 10 to 40 years Furniture and fixtures 3 to 10 years Automobiles 3 to 5 years Computer equipment 3 to 5 years Leasehold improvements are amortized over the lesser of their respective lease terms or the useful life of the improvement, which ranges from one
Income taxes	Income taxes The Corporation accounts for income taxes in accordance with ASC 740, “Income Taxes.” ASC 740 requires the affirmative evaluation that it is more likely than not, based on the technical merits of a tax position, that an enterprise is entitled to economic benefits resulting from positions taken in income tax returns. If a tax position does not meet the more-likely-than-not recognition threshold, the benefit of that position is not recognized in the financial statements. ASC 740 requires that when determining the need for a valuation allowance against a deferred tax asset, management must assess both positive and negative evidence with regard to the realizability of the tax losses represented by that asset. To the extent available, if sources of taxable income are insufficient to absorb tax losses, a valuation allowance is necessary. Sources of taxable income for this analysis include prior years’ tax returns, the expected reversals of taxable temporary differences between book and tax income, prudent and feasible tax-planning strategies, and future taxable income. The deferred income tax asset related to the allowance for loan losses will be realized when actual charge-offs are made against the allowance. Based on the availability of loss carry-backs and projected taxable income during the periods for which loss carry-forwards are available, management believes it is more likely than not the Corporation will realize the deferred tax asset. The Corporation continues to monitor the deferred tax asset on a quarterly basis for a valuation allowance. The future realization of these tax benefits primarily hinges on adequate future earnings to utilize the tax benefit. Prospective earnings or losses, tax law changes or capital changes could prompt the Corporation to reevaluate the assumptions which may be used to establish a valuation allowance. As of June 30, 2022 and 2021, the estimated deferred tax asset, which is included in prepaid expenses and other assets, was $1.4 million and $2.5 million, respectively. The Corporation maintains net deferred tax assets for deductible temporary tax differences, such as loss reserves, deferred compensation, non-accrued interest and unrealized gains, among other items. The decrease in the net deferred tax asset resulted primarily from a decreases in loan loss reserves and deferred loan costs. The Corporation did not have any liabilities for uncertain tax positions or any known unrecognized tax benefit at June 30, 2022 or 2021.
Bank owned life insurance (BOLI)	Bank owned life insurance ("BOLI") ASC 715-60-35, "Accounting for Deferred Compensation and Post-retirement Benefit Aspects of Endorsement Split-Dollar Life Insurance Arrangements," requires an employer to recognize obligations associated with endorsement split-dollar life insurance arrangements that extend into the participant’s post-employment benefit cost for the continuing life insurance or based on the future death benefit depending on the contractual terms of the underlying agreement. The Corporation adopted ASC 715-60-35 using the latter option, i.e., based on the future death benefit. The Bank purchases BOLI policies on the lives of certain executive officers while they are employed by the Bank and is the owner and beneficiary of the policies. The Bank invests in BOLI to provide an efficient form of funding for long-term retirement and other employee benefits costs. The Bank records these BOLI policies within prepaid expenses and other assets in the Consolidated Statements of Financial Condition at each policy’s respective cash surrender value, with net changes recorded in other non-interest income in the Consolidated Statements of Operations.
Cash dividend and stock repurchases	Cash dividend A declaration or payment of dividends is at the discretion of the Corporation’s Board of Directors, who take into account the Corporation’s financial condition, results of operations, tax considerations, capital requirements, industry standards, economic conditions and other factors, including the regulatory restrictions which affect the payment of dividends by the Bank to the Corporation. Under Delaware law, dividends may be paid either out of surplus or, if there is no surplus, out of net profits for the current fiscal year and/or the preceding fiscal year in which the dividend is declared. For additional information, see Note 19 of the Notes to Consolidated Financial Statements regarding the subsequent event related to the cash dividend. Stock repurchases The Corporation repurchased 257,285 shares of its common stock with an average cost of $16.73 per share during fiscal 2022 pursuant to its April 2020 stock repurchase plan that expired on April 27, 2022. The Board of Directors approved a new stock repurchase plan on April 28, 2022 which authorized 364,259 shares for repurchase and expires on April 28, 2023, all of which remain available for purchase at June 30, 2022.
Earnings per common share (EPS)	Earnings per common share (“EPS”) Basic EPS represents net income divided by the weighted average common shares outstanding during the period excluding any potential dilutive effects. Diluted EPS gives effect to any potential issuance of common stock that would have caused basic EPS to be lower as if the issuance had already occurred. Accordingly, diluted EPS reflects an increase in the weighted average shares outstanding as a result of the assumed exercise of stock options and the vesting of restricted stock. The computation of diluted EPS does not assume exercise of stock options and vesting of restricted stock that would have an anti-dilutive effect on EPS.
Stock-based compensation	Stock-based compensation ASC 718, “Compensation – Stock Compensation,” requires companies to recognize in the Consolidated Statements of Operations the grant-date fair value of stock options and other equity-based compensation issued to employees and directors. Stock-based compensation expense, inclusive of restricted stock expense, recognized in the Consolidated Statements of Operations for the years ended June 30, 2022 and 2021 was $798,000 and $1.3 million, respectively.
Employee Stock Ownership Plan (ESOP)	Employee Stock Ownership Plan ("ESOP") The Corporation recognizes compensation expense when the Bank contributes funds to the ESOP for the purchase of the Corporation’s common stock to be allocated to the ESOP participants. Since the contributions are discretionary, the benefits payable under the ESOP cannot be estimated.
Restricted stock	Restricted stock The Corporation recognizes compensation expense over the vesting period of the shares awarded, equal to the fair value of the shares at the award date. A total of $747,000 and $1.2 million of restricted stock expense was amortized during fiscal 2022 and 2021, respectively.
Post retirement benefits	Post-retirement benefits The estimated obligation for post-retirement health care and life insurance benefits is determined based on an actuarial computation of the cost of current and future benefits for the eligible (grandfathered) retirees and employees. The post retirement benefit liability is included in accounts payable, accrued interest and other liabilities in the Consolidated Statements of Financial Condition. Effective July 1, 2003, the Corporation discontinued the post-retirement health care and life insurance benefits to any employee not previously qualified (grandfathered) for these benefits. At June 30, 2022 and 2021, the accrued liability for post-retirement benefits was $174,000 and $125,000, respectively, which was fully funded consistent with actuarially determined estimates of the future obligation.
Comprehensive income	Comprehensive income ASC 220, “Comprehensive Income,” requires that realized revenue, expenses, gains and losses be included in net income (loss). Unrealized gains (losses) on available for sale securities and interest-only strips are reported as a separate component of the stockholders’ equity section of the Consolidated Statements of Financial Condition and the change in the unrealized gains (losses) are reported on the Consolidated Statements of Comprehensive Income and Consolidated Statements of Stockholders’ Equity.
Accounting standard updates ("ASU")	Accounting standard updates (“ASU”) ASU 2021-10: In November 2021, the Financial Accounting Standards Board (“FASB”) issued ASU 2021-10, “Government Assistance (Topic 832): Disclosures by Business Entities about Government Assistance,” This ASU requires the following annual disclosures about transactions with a government that are accounted for by applying a grant or contribution accounting model by analogy: (1) Information about the nature of the transactions and the related accounting policy used to account for the transactions, (2) The line items on the balance sheet and income statement that are affected by the transactions, and the amounts applicable to each financial statement line item and (3) Significant terms and conditions of the transactions, including commitments and contingencies. This ASU is effective for all entities within their scope for financial statements issued for annual periods beginning after December 15, 2021. The Corporation has adopted this ASU and it did not have a material impact on the Corporation’s consolidated financial statements. See Note 18 for additional disclosure. ASU 2016-13: In June 2016, the FASB issued ASU 2016-13, “Financial Instruments — Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments,” and subsequent amendments to the initial guidance in November 2018, ASU No. 2018-19, April 2019, ASU 2019-04, May 2019, ASU 2019-05, November 2019, ASU 2019-11, February 2020, ASU 2020-02, March 2020, ASU 2020-03 and March 2022, ASU 2022-02, all of which clarifies codification and corrects unintended application of the guidance. In November 2019, the FASB also issued ASU 2019-10, “Financial Instruments — Credit Losses (Topic 326), Derivatives and Hedging (Topic 815), and Leases (Topic 842): Effective Dates” extending the adoption date for certain registrants, including the Corporation. These ASUs will be effective for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years. The Corporation is evaluating its current expected loss methodology of its loan and investment portfolios to identify the necessary modifications in accordance with these standards and expects a change in the processes and procedures to calculate the allowance for loan losses, including changes in assumptions and estimates to consider expected credit losses over the life of the loan versus the current accounting practice that utilizes the incurred loss model. A valuation adjustment to its allowance for loan losses or investment portfolio that is identified in this process will be reflected as a one-time adjustment in equity rather than earnings upon adoption. The Corporation is in the process of compiling historical data that will be used to calculate expected credit losses on its loan portfolio to ensure the Corporation is fully compliant with these ASUs at the adoption date and is evaluating the potential impact upon adoption that these ASUs will have on the Corporation’s Consolidated Financial Statements. Once adopted, the Corporation anticipates the allowance for loan losses to increase through a one-time adjustment to retained earnings, however, until the evaluation is complete the magnitude of the potential increase will be unknown. ASU 2020-04: In March 2020, the FASB issued ASU No. 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of reference Rate Reform on Financial Reporting. This ASU applies to contracts, hedging relationships and other transactions that reference LIBOR or other rate references expected to be discontinued because of reference rate reform. The ASU permits an entity to make necessary modifications to eligible contracts or transactions without requiring contract re- measurement or reassessment of a previous accounting determination. In January 2021, ASU 2021-01 clarifies that certain optional expedients and exceptions in Topic 848 for contract modifications and hedge accounting apply to derivatives that are affected by the changes in the interest rates used for margining, discounting, or contract price alignment for derivative instruments that are being implemented as part of the market-wide transition to new reference rates (commonly referred to as the “discounting transition”). This ASU is effective for all entities as of March 12, 2020 through December 31, 2022. The Corporation is in the process of compiling data on the impact of reference rate reform and has not determined the impact of the adoption of this ASU on its consolidated financial statements.

Organization and Summary of S_3

Organization and Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Jun. 30, 2022
Organization and Summary of Significant Accounting Policies
Schedule of Estimated Useful Lives	Buildings 10 to 40 years Furniture and fixtures 3 to 10 years Automobiles 3 to 5 years Computer equipment 3 to 5 years

Investment Securities (Tables)

Investment Securities (Tables)	12 Months Ended
Investment Securities (Tables)	Jun. 30, 2022
Investment Securities
Schedule of available-for-sale securities reconciliation	Gross Gross Estimated Amortized Unrealized Unrealized Fair Carrying June 30, 2022 Cost Gains (Losses) Value Value (In Thousands) Held to maturity U.S. government sponsored enterprise MBS (1) $ 180,492 $ 63 $ (13,945) $ 166,610 $ 180,492 U.S. government sponsored enterprise CMO (2) 3,913 — (150) 3,763 3,913 U.S. SBA securities (3) 940 11 — 951 940 Certificate of deposits 400 — — 400 400 Total investment securities - held to maturity 185,745 74 (14,095) 171,724 185,745 Available for sale U.S. government agency MBS (1) 1,698 6 (6) 1,698 1,698 U.S. government sponsored enterprise MBS (1) 865 4 (4) 865 865 Private issue CMO (2) 118 — (5) 113 113 Total investment securities - available for sale 2,681 10 (15) 2,676 2,676 Total investment securities $ 188,426 $ 84 $ (14,110) $ 174,400 $ 188,421 (1) Mortgage-backed securities (“MBS”). (2) Collateralized Mortgage Obligations (“CMO”). (3) Small Business Administration ("SBA"). Gross Gross Estimated Amortized Unrealized Unrealized Fair Carrying June 30, 2021 Cost Gains (Losses) Value Value (In Thousands) Held to maturity U.S. government sponsored enterprise MBS $ 220,448 $ 2,209 $ (810) $ 221,847 $ 220,448 U.S. SBA securities 1,858 16 — 1,874 1,858 Certificate of deposits 1,000 — — 1,000 1,000 Total investment securities - held to maturity 223,306 2,225 (810) 224,721 223,306 Available for sale U.S. government agency MBS 2,146 76 — 2,222 2,222 U.S. government sponsored enterprise MBS 1,197 14 — 1,211 1,211 Private issue CMO 151 3 — 154 154 Total investment securities - available for sale 3,494 93 — 3,587 3,587 Total investment securities $ 226,800 $ 2,318 $ (810) $ 228,308 $ 226,893
Schedule of investments with unrealized loss position	As of June 30, 2022 Unrealized Holding Losses Unrealized Holding Losses Unrealized Holding Losses (In Thousands) Less Than 12 Months 12 Months or More Total Fair Unrealized Fair Unrealized Fair Unrealized Description of Securities Value Losses Value Losses Value Losses Held to maturity U.S. government sponsored enterprise MBS $ 121,844 $ 9,018 $ 35,528 $ 4,927 $ 157,372 $ 13,945 U.S. government sponsored enterprise CMO 3,764 150 — — 3,764 150 Total investment securities - held to maturity 125,608 9,168 35,528 4,927 161,136 14,095 Available for sale U.S government agency MBS 826 6 — — 826 6 U.S. government sponsored enterprise MBS 671 4 — — 671 4 Private issue CMO 113 5 — — 113 5 Total investment securities - available for sale 1,610 15 — — 1,610 15 Total investment securities $ 127,218 $ 9,183 $ 35,528 $ 4,927 $ 162,746 $ 14,110 As of June 30, 2021 Unrealized Holding Losses Unrealized Holding Losses Unrealized Holding Losses (In Thousands) Less Than 12 Months 12 Months or More Total Fair Unrealized Fair Unrealized Fair Unrealized Description of Securities Value Losses Value Losses Value Losses Held to maturity U.S. government sponsored enterprise MBS $ 84,600 $ 810 $ — $ — $ 84,600 $ 810 Total investment securities - held to maturity 84,600 810 — — 84,600 810 Total investment securities $ 84,600 $ 810 $ — $ — $ 84,600 $ 810
Schedule of investments classified by contractual maturity	June 30, 2022 June 30, 2021 Estimated Estimated Amortized Fair Amortized Fair (In Thousands) Cost Value Cost Value Held to maturity Due in one year or less $ 1,427 $ 1,425 $ 1,209 $ 1,218 Due after one through five years 10,908 10,805 14,544 15,179 Due after five through ten years 77,167 72,625 90,798 91,780 Due after ten years 96,243 86,869 116,755 116,544 Total investment securities - held to maturity $ 185,745 $ 171,724 $ 223,306 $ 224,721 Available for sale Due in one year or less $ — $ — $ — $ — Due after one through five years — — — — Due after five through ten years 98 98 — — Due after ten years 2,583 2,578 3,494 3,587 Total investment securities - available for sale $ 2,681 $ 2,676 $ 3,494 $ 3,587 Total investment securities $ 188,426 $ 174,400 $ 226,800 $ 228,308

Loans Held for Investment (Tabl

Loans Held for Investment (Tables)	12 Months Ended
Loans Held for Investment (Tables)	Jun. 30, 2022
Loans Held for Investment
Schedule of loans held for investment	Loans held for investment consisted of the following at June 30, 2022 and 2021: (In Thousands) June 30, 2022 June 30, 2021 Mortgage loans: Single-family $ 378,234 $ 268,272 Multi-family 464,676 484,408 Commercial real estate 90,429 95,279 Construction 3,216 3,040 Other 123 139 Commercial business loans 1,206 849 Consumer loans 86 95 Total loans held for investment, gross 937,970 852,082 Advance payments of escrows 47 157 Deferred loan costs, net 7,539 6,308 Allowance for loan losses (5,564) (7,587) Total loans held for investment, net $ 939,992 $ 850,960
Schedule of loans held for investment, contractual repricing	Adjustable Rate After After After Within One Year 3 Years 5 Years (In Thousands) One Year Through 3 Years Through 5 Years Through 10 Years Fixed Rate Total Mortgage loans: Single-family $ 49,101 $ 25,507 $ 35,862 $ 170,359 $ 97,405 $ 378,234 Multi-family 135,586 131,136 146,148 51,634 172 464,676 Commercial real estate 46,777 20,934 21,382 — 1,336 90,429 Construction 2,142 — — — 1,074 3,216 Other — — — — 123 123 Commercial business loans 869 — — — 337 1,206 Consumer loans 86 — — — — 86 Total loans held for investment, gross $ 234,561 $ 177,577 $ 203,392 $ 221,993 $ 100,447 $ 937,970
Schedule of gross loans held for investment by loan types and risk category	The following tables summarize gross loans held for investment by loan types and risk category at the dates indicated: June 30, 2022 Commercial Other Commercial (In Thousands) Single-family Multi-family Real Estate Construction Mortgage Business Consumer Total Pass $ 376,502 $ 464,676 $ 90,429 $ 3,216 $ 123 $ 1,206 $ 86 $ 936,238 Special Mention 224 — — — — — — 224 Substandard 1,508 — — — — — — 1,508 Total loans held for investment, gross $ 378,234 $ 464,676 $ 90,429 $ 3,216 $ 123 $ 1,206 $ 86 $ 937,970 June 30, 2021 Commercial Other Commercial (In Thousands) Single-family Multi-family Real Estate Construction Mortgage Business Consumer Total Pass $ 258,217 $ 483,289 $ 95,279 $ 3,040 $ 139 $ 849 $ 95 $ 840,908 Special Mention 1,767 — — — — — — 1,767 Substandard 8,288 1,119 — — — — — 9,407 Total loans held for investment, gross $ 268,272 $ 484,408 $ 95,279 $ 3,040 $ 139 $ 849 $ 95 $ 852,082
Schedule of allowance for loan losses and recorded investment	The following tables summarize the Corporation’s allowance for loan losses and recorded investment in gross loans, by portfolio type, at the dates and for the years indicated. Year Ended June 30, 2022 Commercial Commercial (In Thousands) Single-family Multi-family Real Estate Construction Other Mortgage Business Consumer Total Allowance at beginning of period $ 2,000 $ 4,485 $ 1,006 $ 51 $ 3 $ 36 $ 6 $ 7,587 (Recovery) provision for loan losses (1,056) (1,203) (190) (28) — 16 (1) (2,462) Recoveries 439 — — — — — — 439 Charge-offs — — — — — — — — Allowance for loan losses, end of period $ 1,383 $ 3,282 $ 816 $ 23 $ 3 $ 52 $ 5 $ 5,564 Allowance: Individually evaluated for allowances $ 38 $ — $ — $ — $ — $ — $ — $ 38 Collectively evaluated for allowances 1,345 3,282 816 23 3 52 5 5,526 Allowance for loan losses, end of period $ 1,383 $ 3,282 $ 816 $ 23 $ 3 $ 52 $ 5 $ 5,564 Gross Loans: Individually evaluated for allowances $ 1,275 $ — $ — $ — $ — $ — $ — $ 1,275 Collectively evaluated for allowances 376,959 464,676 90,429 3,216 123 1,206 86 936,695 Total loans held for investment, gross $ 378,234 $ 464,676 $ 90,429 $ 3,216 $ 123 $ 1,206 $ 86 $ 937,970 Allowance for loan losses as a percentage of gross loans held for investment 0.37 % 0.71 % 0.90 % 0.72 % 2.44 % 4.31 % 5.81 % 0.59 % Net (recoveries) charge-offs to average loans receivable, net during the period (0.15) % — % — % — % — % — % — % (0.05) % Year Ended June 30, 2021 Commercial Commercial (In Thousands) Single-family Multi-family Real Estate Construction Other Mortgage Business Consumer Total Allowance at beginning of period $ 2,622 $ 4,329 $ 1,110 $ 171 $ 3 $ 24 $ 6 $ 8,265 (Recovery) provision for loan losses (653) 156 (104) (120) — 12 1 (708) Recoveries 31 — — — — — 1 32 Charge-offs — — — — — — (2) (2) Allowance for loan losses, end of period $ 2,000 $ 4,485 $ 1,006 $ 51 $ 3 $ 36 $ 6 $ 7,587 Allowance: Individually evaluated for allowances $ 384 $ — $ — $ — $ — $ — $ — $ 384 Collectively evaluated for allowances 1,616 4,485 1,006 51 3 36 6 7,203 Allowance for loan losses, end of period $ 2,000 $ 4,485 $ 1,006 $ 51 $ 3 $ 36 $ 6 $ 7,587 Gross Loans: Individually evaluated for allowances $ 8,039 $ — $ — $ — $ — $ — $ — $ 8,039 Collectively evaluated for allowances 260,233 484,408 95,279 3,040 139 849 95 844,043 Total loans held for investment, gross $ 268,272 $ 484,408 $ 95,279 $ 3,040 $ 139 $ 849 $ 95 $ 852,082 Allowance for loan losses as a percentage of gross loans held for investment 0.75 % 0.93 % 1.06 % 1.68 % 2.16 % 4.24 % 6.32 % 0.88 % Net (recoveries) charge-offs to average loans receivable, net during the period (0.01) % — % — % — % — % — % 1.22 % (0.00) %
Schedule of allowance for loan losses	The following summarizes the components of the net change in the allowance for loan losses for the years indicated: Year Ended June 30, (In Thousands) 2022 2021 Balance, beginning of year $ 7,587 $ 8,265 Recovery from the allowance for loan losses (2,462) (708) Recoveries 439 32 Charge-offs — (2) Balance, end of year $ 5,564 $ 7,587
Schedule of recorded investment in non-performing loans	At or For the Year Ended June 30, 2022 Unpaid Net Average Interest Principal Related Recorded Recorded Recorded Income (In Thousands) Balance Charge-offs Investment Allowance (1) Investment Investment Recognized Mortgage loans: Single-family: With a related allowance $ 993 $ — $ 993 $ (85) $ 908 $ 2,594 $ 98 Without a related allowance (2) 548 (33) 515 — 515 635 232 Total single-family loans 1,541 (33) 1,508 (85) 1,423 3,229 330 Multi-family: With a related allowance — — — — — 957 46 Total multi-family loans — — — — — 957 46 Total non-performing loans $ 1,541 $ (33) $ 1,508 $ (85) $ 1,423 $ 4,186 $ 376 (1) Consists of collectively and individually evaluated allowances, specifically assigned to the individual loan. (2) There was no related allowance for loan losses because these loans have been charged-off to their fair value or the fair value of the collateral is higher than the loan balance. At or For the Year Ended June 30, 2021 Unpaid Related Net Average Interest Principal Charge-offs Recorded Recorded Recorded Income (In Thousands) Balance Related Investment Allowance (1) Investment Investment Recognized Mortgage loans: Single-family: With a related allowance $ 7,400 $ — $ 7,400 $ (434) $ 6,966 $ 7,187 $ 140 Without a related allowance (2) 1,335 (436) 899 — 899 1,516 — Total single-family loans 8,735 (436) 8,299 (434) 7,865 8,703 140 Multi-family: With a related allowance 1,119 — 1,119 (338) 781 374 15 Total mutlti-family loans 1,119 — 1,119 (338) 781 374 15 Commercial business loans: With a related allowance — — — — — 13 1 Total commercial business loans — — — — — 13 1 Total non-performing loans $ 9,854 $ (436) $ 9,418 $ (772) $ 8,646 $ 9,090 $ 156 (1) Consists of collectively and individually evaluated allowances, specifically assigned to the individual loan. (2) There was no related allowance for loan losses because these loans have been charged-off to their fair value or the fair value of the collateral is higher than the loan balance.
Schedule of loan forbearance related to COVID-19 hardship requests	As of June 30, 2022, loan forbearance related to COVID-19 hardship requests are described below: Forbearance Granted Forbearance Completed (1) Forbearance Remaining Number of Number of Number of (Dollars In Thousands) Loans Amount Loans Amount Loans Amount Single-family loans 59 $ 22,980 59 $ 22,980 — $ — Multi-family loans 5 2,268 5 2,268 — — Commercial real estate loans 3 1,954 3 1,954 — — Total loan forbearance 67 $ 27,202 67 $ 27,202 — $ — (1) Includes 19 single-family loans totaling $6.9 million where forbearance was subsequently extended and were classified as restructured non-performing loans, consistent with the Interagency Statement. As of June 30, 2022, five loans totaling $2.2 million were paid off and 13 loans totaling $3.9 million were upgraded to the pass category, while one loan totaling $760,000 remained as non-performing.
Schedule of past due status of gross loans held for investment, net of fair value adjustments	The following tables provide information on the past due status of the Corporation’s loans held for investment, gross, at the dates indicated. June 30, 2022 30-89 Days Past Total Loans Held for (In Thousands) Current Due Non-Accrual (1) Investment, Gross Mortgage loans: Single-family $ 376,726 $ — $ 1,508 $ 378,234 Multi-family 464,676 — — 464,676 Commercial real estate 90,429 — — 90,429 Construction 3,216 — — 3,216 Other 123 — — 123 Commercial business loans 1,206 — — 1,206 Consumer loans 83 3 — 86 Total loans held for investment, gross $ 936,459 $ 3 $ 1,508 $ 937,970 (1) All loans 90 days or greater past due are placed on non-accrual status. June 30, 2021 30-89 Days Past Total Loans Held for (In Thousands) Current Due Non-Accrual (1) Investment, Gross Mortgage loans: Single-family $ 259,984 $ — $ 8,288 $ 268,272 Multi-family 483,289 — 1,119 484,408 Commercial real estate 95,279 — — 95,279 Construction 3,040 — — 3,040 Other 139 — — 139 Commercial business loans 849 — — 849 Consumer loans 88 7 — 95 Total loans held for investment, gross $ 842,668 $ 7 $ 9,407 $ 852,082 (1) All loans 90 days or greater past due are placed on non-accrual status.
Schedule of troubled debt restructurings by nonaccrual versus accrual status	The following table summarizes at the dates indicated the restructured loan balances, net of allowance for loan losses or charge-offs, by loan type and non-accrual versus accrual status at June 30, 2022 and 2021 : At June 30, (In Thousands) 2022 2021 Restructured loans on non-accrual status: Mortgage loans: Single-family $ 722 $ 6,983 Total 722 6,983 Restructured loans on accrual status: Mortgage loans: Single-family 3,748 876 Total 3,748 876 Total restructured loans $ 4,470 $ 7,859
Schedule of recorded investment in restructured loans	The following tables show the restructured loans by type, net of allowance for loan losses or charge-offs, at June 30, 2022 and 2021: At June 30, 2022 Unpaid Net Principal Related Recorded Recorded (In Thousands) Balance Charge-offs Investment Allowance (1) Investment Mortgage loans: Single-family: With a related allowance $ 760 $ — $ 760 $ (38) $ 722 Without a related allowance (2) 3,748 — 3,748 — 3,748 Total single-family 4,508 — 4,508 (38) 4,470 Total restructured loans $ 4,508 $ — $ 4,508 $ (38) $ 4,470 (1) Consists of collectively and individually evaluated allowances, specifically assigned to the individual loan. (2) There was no related allowance for loan losses because these loans have been charged-off to their fair value or the fair value of the collateral is higher than the loan balance. At June 30, 2021 Unpaid Net Principal Related Recorded Recorded (In Thousands) Balance Charge-offs Investment Allowance (1) Investment Mortgage loans: Single-family: With a related allowance $ 7,151 $ — $ 7,151 $ (384) $ 6,767 Without a related allowance (2) 1,457 (365) 1,092 — 1,092 Total single-family 8,608 (365) 8,243 (384) 7,859 Total restructured loans $ 8,608 $ (365) $ 8,243 $ (384) $ 7,859 (1) Consists of collectively and individually evaluated allowances, specifically assigned to the individual loan. (2) There was no related allowance for loan losses because these loans have been charged-off to their fair value or the fair value of the collateral is higher than the loan balance.
Summary of Related Party Loan Activity	Year Ended June 30, (In Thousands) 2022 2021 Balance, beginning of year $ — $ 1 Sales and payments — (1) Balance, end of year $ — $ —

Leases (Tables)

Leases (Tables)	12 Months Ended
Leases (Tables)	Jun. 30, 2022
Leases
Schedule of supplemental information related to operating leases	As of (In Thousands) June 30, 2022 June 30, 2021 Consolidated Statements of Condition: Premises and equipment - Operating lease right of use assets $ 1,969 $ 2,117 Accounts payable, accrued interest and other liabilities – Operating lease liabilities $ 1,998 $ 2,192 Year Ended June 30, 2022 2021 Consolidated Statements of Operations: Premises and occupancy expenses from operating leases (1) $ 788 $ 797 Equipment expenses from operating leases $ 92 $ 69 Consolidated Statements of Cash Flows: Operating cash flows from operating leases, net $ 921 $ 905 (1) Includes immaterial variable lease costs.
Schedule of remaining minimum contractual lease payments and other information associated with leases	The following table provides information related to remaining minimum contractual lease payments and other information associated with the Corporation’s leases as of June 30, 2022: Amount (1) Year Ending June 30, (In Thousands) 2023 $ 832 2024 555 2025 400 2026 236 2027 39 Thereafter — Total contract lease payments $ 2,062 Total liability to make lease payments $ 1,998 Difference in undiscounted and discounted future lease payments $ 64 Weighted average discount rate 1.97 % Weighted average remaining lease term (years) 3.1 (1) Contractual base rents do not include property taxes and other operating expenses due under respective lease agreements.

Premises and Equipment (Tables)

Premises and Equipment (Tables)	12 Months Ended
Premises and Equipment (Tables)	Jun. 30, 2022
Premises and Equipment
Schedule of premises and equipment	Premises and equipment at June 30, 2022 and 2021 consisted of the following: June 30, (In Thousands) 2022 2021 Land $ 2,853 $ 2,853 Buildings 9,896 9,772 Leasehold improvements 2,996 3,033 Furniture and equipment 5,427 5,416 Automobiles 167 164 Operating lease – right of use assets (1) 1,969 2,117 23,308 23,355 Less accumulated depreciation and amortization (14,482) (13,978) Total premises and equipment, net $ 8,826 $ 9,377 (1) Net of accumulated amortization.

Deposits (Tables)

Deposits (Tables)	12 Months Ended
Deposits (Tables)	Jun. 30, 2022
Deposits
Schedule of deposits	Deposits at June 30, 2022 and 2021 consisted of the following: June 30, 2022 June 30, 2021 (Dollars in Thousands) Interest Rate Amount Interest Rate Amount Checking deposits – non interest-bearing — $ 125,089 — $ 123,179 Checking deposits – interest-bearing (1) 0.00% - 0.20% 335,788 0.00% - 0.20% 327,388 Savings deposits (1) 0.00% - 0.70% 333,581 0.00% - 0.70% 307,299 Money market deposits (1) 0.00% - 2.00% 39,897 0.00% - 2.00% 39,670 Time deposits: (1) Under $100 0.00% - 2.13% 60,721 0.00% - 2.13% 71,026 $100 and over 0.05% - 2.13% 60,428 0.05% - 2.13% 69,411 Total deposits $ 955,504 $ 937,973 Weighted-average interest rate on deposits 0.11 % 0.15 % (1) Certain interest-bearing checking, savings, money market and time deposits require a minimum balance to earn interest.
Schedule of aggregate annual maturities of time deposits	The aggregate annual maturities of time deposits at June 30, 2022 and 2021 were as follows: June 30, (In Thousands) 2022 2021 One year or less $ 78,644 $ 76,705 Over one to two years 20,600 37,687 Over two to three years 13,890 11,230 Over three to four years 3,552 11,923 Over four to five years 3,186 2,493 Over five years 1,277 399 Total time deposits $ 121,149 $ 140,437
Schedule of interest expense on deposits	Year Ended June 30, (In Thousands) 2022 2021 Checking deposits – interest-bearing $ 149 $ 188 Savings deposits 172 208 Money market deposits 71 80 Time deposits 752 1,269 Total interest expense on deposits $ 1,144 $ 1,745

Borrowings (Tables)

Borrowings (Tables)	12 Months Ended
Borrowings (Tables)	Jun. 30, 2022
Borrowings
Schedule of Federal Home Loan Bank, Advances, by Branch of FHLB Bank	June 30, (In Thousands) 2022 2021 FHLB - San Francisco advances $ 85,000 $ 100,983
Summary of Federal Home Loan Bank, Advances	At or For the Year Ended June 30, (Dollars in Thousands) 2022 2021 Balance outstanding at the end of year: FHLB - San Francisco advances $ 85,000 $ 100,983 Weighted-average rate at the end of year: FHLB - San Francisco advances 2.20 % 2.19 % Maximum amount of borrowings outstanding at any month end: FHLB - San Francisco advances $ 100,978 $ 141,042 Average short-term borrowings during the year with respect to: (1) FHLB - San Francisco advances $ 25,513 $ 35,631 Weighted-average short-term borrowing rate during the year with respect to: (1) FHLB - San Francisco advances 1.87 % 2.14 % (1) Borrowings with a remaining term of 12 months or less.
Schedule of Federal Home Loan Bank, Advances, Annual Contractual Maturities	June 30, (Dollars in Thousands) 2022 2021 Within one year $ 35,000 $ 20,983 Over one to two years 30,000 30,000 Over two to three years 20,000 30,000 Over three to four years — 20,000 Over four to five years — — Over five years — — Total borrowings $ 85,000 $ 100,983 Weighted average interest rate 2.20 % 2.19 %

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
Income Taxes (Tables)	Jun. 30, 2022
Income Taxes
Schedule of Provision for Income Taxes	Year Ended June 30, (In Thousands) 2022 2021 Current: Federal $ 1,781 $ 1,547 State 844 598 2,625 2,145 Deferred: Federal 696 303 State 444 178 1,140 481 Provision for income taxes $ 3,765 $ 2,626
Schedule of estimated combined federal and state statutory tax rates	The provision for income taxes differs from the amount of income tax determined by applying the applicable U.S. statutory federal income tax rate to net income before income taxes as a result of the following differences for the years indicated: Year Ended June 30, 2022 2021 (In Thousands) Amount Tax Rate Amount Tax Rate Federal income tax at statutory rate $ 2,700 21.00 % $ 2,139 21.00 % State income tax, net of federal income tax benefit 988 7.68 % 614 6.05 % Changes in taxes resulting from: Bank-owned life insurance (39) (0.31) % (40) (0.39) % Non-deductible expenses 8 0.06 % 6 0.06 % Non-deductible stock-based compensation — — % (30) (0.30) % Excess tax benefit on stock-based compensation — — % (64) — % Return to provision adjustment 107 0.84 % — — % Other 1 0.01 % 1 (0.64) % Effective income tax $ 3,765 29.28 % $ 2,626 25.78 %
Schedule of Deferred Tax Assets and Liabilities	Deferred tax assets at June 30, 2022 and 2021 by jurisdiction were as follows: June 30, (In Thousands) 2022 2021 Deferred taxes - federal $ 947 $ 1,617 Deferred taxes - state 485 926 Total net deferred tax assets $ 1,432 $ 2,543 Net deferred tax assets at June 30, 2022 and 2021 were comprised of the following: June 30, (In Thousands) 2022 2021 Loss reserves $ 1,968 $ 2,734 Non-accrued interest 199 392 Deferred compensation 2,903 2,512 Accrued vacation 178 197 Depreciation 211 153 State tax 64 — Other 245 307 Total deferred tax assets 5,768 6,295 FHLB - San Francisco stock dividends (645) (645) Prepaid expenses (28) (41) Unrealized loss (gain) on investment securities 1 (27) Unrealized gain on interest-only strips (2) (3) Deferred loan costs (3,662) (2,974) State tax — (62) Total deferred tax liabilities (4,336) (3,752) Net deferred tax assets $ 1,432 $ 2,543

Capital (Tables)

Capital (Tables)	12 Months Ended
Capital (Tables)	Jun. 30, 2022
Capital
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations	Regulatory Requirements Minimum for Capital Minimum to Be Actual Adequacy Purposes (1) Well Capitalized Amount Ratio Amount Ratio Amount Ratio Provident Savings Bank, F.S.B.: As of June 30, 2022 Tier 1 leverage capital (to adjusted average assets) $ 124,871 10.47 % $ 47,699 4.00 % $ 59,624 5.00 % CET1 capital (to risk-weighted assets) $ 124,871 19.58 % $ 44,653 7.00 % $ 41,463 6.50 % Tier 1 capital (to risk-weighted assets) $ 124,871 19.58 % $ 54,221 8.50 % $ 51,032 8.00 % Total capital (to risk-weighted assets) $ 130,565 20.47 % $ 66,979 10.50 % $ 63,790 10.00 % As of June 30, 2021 Tier 1 leverage capital (to adjusted average assets) $ 121,621 10.19 % $ 47,736 4.00 % $ 59,670 5.00 % CET1 capital (to risk-weighted assets) $ 121,621 18.58 % $ 45,816 7.00 % $ 42,544 6.50 % Tier 1 capital (to risk-weighted assets) $ 121,621 18.58 % $ 55,634 8.50 % $ 52,361 8.00 % Total capital (to risk-weighted assets) $ 129,335 19.76 % $ 68,724 10.50 % $ 65,452 10.00 % (1) Inclusive of the conservation buffer of 2.50% for CET1 capital, Tier 1 capital and Total capital ratios.

Incentive Plans (Tables)

Incentive Plans (Tables)	12 Months Ended
Incentive Plans (Tables)	Jun. 30, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Schedule of Share-based Compensation, Unvested Restricted Stock Units Award Activity	The following table summarizes the restricted stock activity for the years ended June 30, 2022 and 2021: Weighted-Average Award Date Unvested Shares Shares Fair Value Unvested at June 30, 2020 225,500 $ 18.55 Awarded — $ — Vested (112,750) $ 18.53 Forfeited (11,500) $ 18.57 Unvested at June 30, 2021 101,250 $ 18.57 Expected to vest at June 30, 2021 81,000 $ 18.57 Unvested at June 30, 2021 101,250 $ 18.57 Awarded 1,000 $ 16.70 Vested (1,000) $ 16.70 Forfeited (6,500) $ 18.57 Unvested at June 30, 2022 94,750 $ 18.57 Expected to vest at June 30, 2022 75,800 $ 18.57
Equity Incentive Plans
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Schedule of stock option activity	The following tables summarize the stock option activity in the Plans during the years ended June 30, 2022 and 2021: Weighted- Weighted- Average Aggregate Average Remaining Intrinsic Exercise Contractual Value Options Shares Price Term (Years) ($000) Outstanding at June 30, 2020 554,500 $ 14.07 Granted — $ — Exercised (132,000) $ 7.43 Forfeited (5,500) $ 10.68 Outstanding at June 30, 2021 417,000 $ 16.22 4.28 $ 760 Vested and expected to vest at June 30, 2021 408,000 $ 16.13 4.20 $ 760 Exercisable at June 30, 2021 372,000 $ 15.74 3.84 $ 760 Outstanding at June 30, 2021 417,000 $ 16.22 Granted 17,000 $ 16.70 Exercised — $ — Forfeited — $ — Expired (3,000) $ 16.70 Outstanding at June 30, 2022 431,000 $ 16.24 3.48 $ 63 Vested and expected to vest at June 30, 2022 419,200 $ 16.15 3.36 $ 63 Exercisable at June 30, 2022 372,000 $ 15.74 2.84 $ 63
Stock Option Plans
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions	Fiscal 2022 Fiscal 2021 Expected volatility 20.3 % — % Weighted-average volatility 20.3 % — % Expected dividend yield 3.4 % — % Expected term (in years) 7.4 — Risk-free interest rate 1.4 % — %

Earnings Per Share (Tables)

Earnings Per Share (Tables)	12 Months Ended
Earnings Per Share (Tables)	Jun. 30, 2022
Earnings Per Share
Schedule of earnings per share, basic and diluted	For the Year Ended June 30, 2022 Income Shares Per-Share (Dollars in Thousands, Except Share Amount) (Numerator) (Denominator) Amount Basic EPS $ 9,093 7,404,089 $ 1.23 Effect of dilutive shares: Stock options 29,614 Restricted stock 15,301 Diluted EPS $ 9,093 7,449,004 $ 1.22 For the Year Ended June 30, 2021 Income Shares Per-Share (Dollars in Thousands, Except Share Amount) (Numerator) (Denominator) Amount Basic EPS $ 7,561 7,464,814 $ 1.01 Effect of dilutive shares: Stock options 49,917 Restricted stock 23,678 Diluted EPS $ 7,561 7,538,409 $ 1.00

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
Commitments and Contingencies (Tables)	Jun. 30, 2022
Commitments and Contingencies.
Schedule of the Corporation's lease and operating commitments	Amount Year Ending June 30, (In Thousands) 2023 $ 1,192 2024 589 2025 435 2026 250 2027 41 Thereafter — Total minimum payments required $ 2,507

Derivative and Other Financia_2

Derivative and Other Financial Instruments with Off-Balance Sheet Risks (Tables)	12 Months Ended
	Jun. 30, 2022
Derivative and Other Financial Instruments with Off-Balance Sheet Risks
Schedule of undisbursed funds commitments	June 30, Commitments 2022 2021 (In Thousands) Undisbursed loan funds – Construction loans $ 3,384 $ 4,479 Undisbursed lines of credit – Commercial business loans 541 460 Undisbursed lines of credit – Consumer loans 390 425 Commitments to extend credit on loans to be held for investment 43,386 21,887 Total $ 47,701 $ 27,251
Schedule of allowance for loan losses of undisbursed funds and commitments on loans held for investment	Year Ended June 30, (In Thousands) 2022 2021 Balance, beginning of the year $ 127 $ 126 Provision 3 1 Balance, end of the year $ 130 $ 127

Fair Value of Financial Instr_2

Fair Value of Financial Instruments (Tables)	12 Months Ended
Fair Value of Financial Instruments (Tables)	Jun. 30, 2022
Fair Value of Financial Instruments
Schedule of aggregate fair value and aggregate unpaid principal balance of loans held for sale	Aggregate Unpaid Net Aggregate Principal Unrealized (In Thousands) Fair Value Balance Loss As of June 30, 2022: Loans held for investment, at fair value $ 1,396 $ 1,569 $ (173) As of June 30, 2021: Loans held for investment, at fair value $ 1,874 $ 1,934 $ (60)
Schedule of fair value, assets and liabilities measured on recurring basis	Fair Value Measurement at June 30, 2022 Using: (In Thousands) Level 1 Level 2 Level 3 Total Assets: Investment securities - available for sale: U.S. government agency MBS $ — $ 1,698 $ — $ 1,698 U.S. government sponsored enterprise MBS — 865 — 865 Private issue CMO — — 113 113 Investment securities - available for sale — 2,563 113 2,676 Loans held for investment, at fair value — — 1,396 1,396 Interest-only strips — — 7 7 Total assets $ — $ 2,563 $ 1,516 $ 4,079 Liabilities: $ — $ — $ — $ — Total liabilities $ — $ — $ — $ — Fair Value Measurement at June 30, 2021 Using: (In Thousands) Level 1 Level 2 Level 3 Total Assets: Investment securities - available for sale: U.S. government agency MBS $ — $ 2,222 $ — $ 2,222 U.S. government sponsored enterprise MBS — 1,211 — 1,211 Private issue CMO — — 154 154 Investment securities - available for sale — 3,433 154 3,587 Loans held for investment, at fair value — — 1,874 1,874 Interest-only strips — — 10 10 Total assets $ — $ 3,433 $ 2,038 $ 5,471 Liabilities: $ — $ — $ — $ — Total liabilities $ — $ — $ — $ —
Schedule for reconciliation of recurring fair value measurements using level 3 inputs	The following is a reconciliation of the beginning and ending balances during the periods shown of recurring fair value measurements recognized in the Consolidated Statements of Financial Condition using Level 3 inputs: Fair Value Measurement Using Significant Other Unobservable Inputs (Level 3) Private Loans Held For Interest- Issue Investment, at Only (In Thousands) CMO fair value (1) Strips Total Beginning balance at June 30, 2021 $ 154 $ 1,874 $ 10 $ 2,038 Total gains or losses (realized/unrealized): Included in earnings — (113) — (113) Included in other comprehensive income (loss) (7) — (3) (10) Purchases — — — — Issuances — — — — Settlements (34) (365) — (399) Transfers in and/or out of Level 3 — — — — Ending balance at June 30, 2022 $ 113 $ 1,396 $ 7 $ 1,516 (1) The valuation of loans held for investment at fair value includes management’s estimate of the specific credit risk attributes of each loan, in addition to the quoted secondary-market prices which account for interest rate characteristics. Fair Value Measurement Using Significant Other Unobservable Inputs (Level 3) Private Loans Held For Interest- Issue Investment, at Only (In Thousands) CMO fair value (1) Strips Total Beginning balance at June 30, 2020 $ 197 $ 2,258 $ 14 $ 2,469 Total gains or losses (realized/ unrealized): Included in earnings — 51 — 51 Included in other comprehensive income (loss) 9 — (4) 5 Purchases — — — — Issuances — — — — Settlements (52) (435) — (487) Transfers in and/or out of Level 3 — — — — Ending balance at June 30, 2021 $ 154 $ 1,874 $ 10 $ 2,038 (1) The valuation of loans held for investment at fair value includes management’s estimate of the specific credit risk attributes of each loan, in addition to the quoted secondary-market prices which account for interest rate characteristics.
Schedule of fair value assets measured on nonrecurring basis	The following fair value hierarchy table presents information about the Corporation’s assets measured at fair value at the dates indicated on a nonrecurring basis: Fair Value Measurement at June 30, 2022 Using: (In Thousands) Level 1 Level 2 Level 3 Total Non-performing loans $ — $ 515 $ 908 $ 1,423 Mortgage servicing assets — — 168 168 Total $ — $ 515 $ 1,076 $ 1,591 Fair Value Measurement at June 30, 2021 Using: (In Thousands) Level 1 Level 2 Level 3 Total Non-performing loans $ — $ 899 $ 7,747 $ 8,646 Mortgage servicing assets — — 208 208 Total $ — $ 899 $ 7,955 $ 8,854
Schedule of additional information about valuation techniques and inputs used for assets and liabilities	The following table presents additional information about valuation techniques and inputs used for assets and liabilities, including derivative financial instruments, which are measured at fair value and categorized within Level 3 as of June 30, 2022: Impact to Fair Value Valuation As of from an June 30, Valuation Range (1) Increase in (Dollars In Thousands) 2022 Techniques Unobservable Inputs (Weighted Average) Inputs (2) Assets: Securities available-for sale: Private issue CMO $ 113 Market comparable pricing Comparability adjustment 0.96% Increase Loans held for investment, at fair value $ 1,396 Relative value analysis Broker quotes 91.1% - 98.0% (93.4% ) of par Increase Credit risk factor 1.2% - 100.0% (4.6%) Decrease Non-performing loans (3) $ 722 Discounted cash flow Default rates 5.0% Decrease Non-performing loans (4) $ 186 Relative value analysis Credit risk factor 20.0% Decrease Mortgage servicing assets $ 168 Discounted cash flow Prepayment rate (CPR) 4.8% - 60.0% (10.9%) Decrease Discount rate 9.0% - 10.5% (9.0%) Decrease Interest-only strips $ 7 Discounted cash flow Prepayment rate (CPR) 9.5% - 32.0% (30.6%) Decrease Discount rate 9.0% Decrease Liabilities: None (1) The range is based on the historical estimated fair values and management estimates. (2) Unless otherwise noted, this column represents the directional change in the fair value of the Level 3 investments that would result from an increase to the corresponding unobservable input. A decrease to the unobservable input would have the opposite effect. Significant changes in these inputs in isolation could result in significantly higher or lower fair value measurements. (3) Consist of restructured loans. (4) Consist of other non-performing loans, excluding restructured loans.
Schedule of carrying amount and fair value of financial instruments	The carrying amount and fair value of the Corporation’s other financial instruments as of June 30, 2022 and 2021 were as follows: June 30, 2022 Carrying Fair (In Thousands) Amount Value Level 1 Level 2 Level 3 Financial assets: Loans held for investment, not recorded at fair value $ 938,596 $ 892,339 $ — $ — $ 892,339 Investment securities - held to maturity $ 185,745 $ 171,724 $ — $ 171,724 $ — FHLB – San Francisco stock $ 8,239 $ 8,239 $ — $ 8,239 $ — Financial liabilities: Deposits $ 955,504 $ 917,220 $ — $ — $ 917,220 Borrowings $ 85,000 $ 84,299 $ — $ — $ 84,299 June 30, 2021 Carrying Fair (In Thousands) Amount Value Level 1 Level 2 Level 3 Financial assets: Loans held for investment, not recorded at fair value $ 849,086 $ 848,727 $ — $ — $ 848,727 Investment securities - held to maturity $ 223,306 $ 224,721 $ — $ 224,721 $ — FHLB – San Francisco stock $ 8,155 $ 8,155 $ — $ 8,155 $ — Financial liabilities: Deposits $ 937,973 $ 904,673 $ — $ — $ 904,673 Borrowings $ 100,983 $ 104,526 $ — $ — $ 104,526

Revenue From Contracts With C_2

Revenue From Contracts With Customers (Tables)	12 Months Ended
Revenue From Contracts With Customers (Tables)	Jun. 30, 2022
Revenue From Contracts With Customers
Schedule of non-interest income disaggregated by type of service	Year Ended June 30, Type of Services 2022 2021 (In Thousands) Loan servicing and other fees (1) $ 1,056 $ 1,170 Deposit account fees 1,302 1,247 Card and processing fees 1,639 1,605 Other (2) 719 551 Total non-interest income $ 4,716 $ 4,573 (1) Not in scope of ASC 606. (2) Includes BOLI of $188 thousand and $191 thousand and net gain on sale of loans of $40 thousand and net loss on sale of loans of $103 thousand for the years ended June 30, 2022 and 2021, respectively, which are not in scope of ASC 606.

Holding Company Condensed Fin_2

Holding Company Condensed Financial Information (Tables)	12 Months Ended
Holding Company Condensed Financial Information (Tables)	Jun. 30, 2022
Holding Company Condensed Financial Information
Schedule of condensed statements of financial condition	June 30, (In Thousands) 2022 2021 Assets Cash and cash equivalents $ 3,751 $ 5,576 Investment in subsidiary 124,875 121,696 Other assets 61 60 $ 128,687 $ 127,332 Liabilities and Stockholders’ Equity Other liabilities $ 37 $ 52 Stockholders’ equity 128,650 127,280 $ 128,687 $ 127,332
Schedule of condensed statements of operations	Year Ended June 30, (In Thousands) 2022 2021 Dividend from the Bank $ 7,500 $ 5,000 Interest and other income 3 5 Total income 7,503 5,005 General and administrative expenses 1,219 1,117 Earnings before income taxes and equity in undistributed earnings of the Bank 6,284 3,888 Income tax benefit (358) (328) Earnings before equity in undistributed earnings of the Bank 6,642 4,216 Equity in undistributed earnings of the Bank 2,451 3,345 Net income $ 9,093 $ 7,561
Schedule of condensed statements of cash flows	Year Ended June 30, (In Thousands) 2022 2021 Cash flow from operating activities: Net income $ 9,093 $ 7,561 Adjustments to reconcile net income to net cash provided by operating activities: Equity in undistributed earnings of the Bank (2,451) (3,345) (Increase) decrease in other assets (1) 48 Decrease in other liabilities (15) (2) Net cash provided by operating activities 6,626 4,262 Cash flow from financing activities: Exercise of stock options — 981 Treasury stock purchases (4,305) (2,336) Cash dividends (4,146) (4,173) Net cash used for financing activities (8,451) (5,528) Net decrease in cash during the year (1,825) (1,266) Cash and cash equivalents at beginning of year 5,576 6,842 Cash and cash equivalents at end of year $ 3,751 $ 5,576

Organization and Summary of S_4

Organization and Summary of Significant Accounting Policies - Basis of Presentation (Details)	12 Months Ended
	Jun. 30, 2022 location segment
Organization and Summary of Significant Accounting Policies
Number of operating segments \| segment	1
Number of banking locations \| location	13

Organization and Summary of S_5

Organization and Summary of Significant Accounting Policies - Loans in forbearance (Details)	Jun. 30, 2022 loan
Organization and Summary of Significant Accounting Policies
Number of forbearance loans	0

Organization and Summary of S_6

Organization and Summary of Significant Accounting Policies - Troubled Debt Restructuring (Details)	12 Months Ended
	Jun. 30, 2022
Organization and Summary of Significant Accounting Policies
Period of satisfactory contractual payments to remove restructured loan status	6 months
Period Of Satisfactory Contractual Payments To Remove Restructured Loan Status on Multiple Restructures	12 months

Organization and Summary of S_7

Organization and Summary of Significant Accounting Policies - Premises and Equipment (Details)	12 Months Ended
	Jun. 30, 2022
Buildings \| Minimum
Premises and Equipment
Property, Plant and Equipment, Useful Life	10 years
Buildings \| Maximum
Premises and Equipment
Property, Plant and Equipment, Useful Life	40 years
Furniture and Fixtures [Member] \| Minimum
Premises and Equipment
Property, Plant and Equipment, Useful Life	3 years
Furniture and Fixtures [Member] \| Maximum
Premises and Equipment
Property, Plant and Equipment, Useful Life	10 years
Automobiles \| Minimum
Premises and Equipment
Property, Plant and Equipment, Useful Life	3 years
Automobiles \| Maximum
Premises and Equipment
Property, Plant and Equipment, Useful Life	5 years
Computer Equipment [Member] \| Minimum
Premises and Equipment
Property, Plant and Equipment, Useful Life	3 years
Computer Equipment [Member] \| Maximum
Premises and Equipment
Property, Plant and Equipment, Useful Life	5 years
Leasehold improvements \| Minimum
Premises and Equipment
Property, Plant and Equipment, Useful Life	1 year
Leasehold improvements \| Maximum
Premises and Equipment
Property, Plant and Equipment, Useful Life	10 years

Organization and Summary of S_8

Organization and Summary of Significant Accounting Policies - Income Taxes (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Jun. 30, 2021
Organization and Summary of Significant Accounting Policies
Estimated deferred tax asset	$ 1,432	$ 2,543

Organization and Summary of S_9

Organization and Summary of Significant Accounting Policies - Stock Repurchases (Details) - Common Stock	12 Months Ended
	Jun. 30, 2022 USD ($) $ / shares shares
Class of Stock
Purchase of common stock shares \| shares	257,285
Shares repurchased weighted average cost per share \| $ / shares	$ 16.73
Stock repurchase authorized amount \| $	$ 364,259

Organization and Summary of _10

Organization and Summary of Significant Accounting Policies - Stock-based Compensation (Details) - USD ($)	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Organization and Summary of Significant Accounting Policies
Compensation cost	$ 798,000	$ 1,300,000

Organization and Summary of _11

Organization and Summary of Significant Accounting Policies - Restricted Stock (Details) - USD ($)	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Organization and Summary of Significant Accounting Policies
Restricted stock expense	$ 747,000	$ 1,200,000

Organization and Summary of _12

Organization and Summary of Significant Accounting Policies - Post Retirement Benefits (Details) - USD ($)	Jun. 30, 2022	Jun. 30, 2021
Organization and Summary of Significant Accounting Policies
Accrued liability, post retirement benefits	$ 174,000	$ 125,000

Investment Securities - Schedul

Investment Securities - Schedule of amortized cost and estimated fair value of Held to maturity investments (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Jun. 30, 2021
Held to maturity
Amortized Cost	$ 185,745	$ 223,306
Gross Unrealized Gains	74	2,225
Gross Unrealized (Losses)	(14,095)	(810)
Estimated Fair Value	171,724	224,721
Carrying Value	185,745	223,306
U.S. government sponsored enterprise MBS
Held to maturity
Amortized Cost	180,492	220,448
Gross Unrealized Gains	63	2,209
Gross Unrealized (Losses)	(13,945)	(810)
Estimated Fair Value	166,610	221,847
Carrying Value	180,492	220,448
U.S. government sponsored enterprise CMO
Held to maturity
Amortized Cost	3,913
Gross Unrealized Gains	0
Gross Unrealized (Losses)	(150)
Estimated Fair Value	3,763
Carrying Value	3,913
U.S. SBA securities
Held to maturity
Amortized Cost	940	1,858
Gross Unrealized Gains	11	16
Gross Unrealized (Losses)	0
Estimated Fair Value	951	1,874
Carrying Value	940	1,858
Certificate of deposits
Held to maturity
Amortized Cost	400	1,000
Gross Unrealized Gains	0	0
Gross Unrealized (Losses)	0	0
Estimated Fair Value	400	1,000
Carrying Value	$ 400	$ 1,000

Investment Securities - Sched_2

Investment Securities - Schedule of amortized cost and estimated fair value of Available for sale securities (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Jun. 30, 2021
Available for sale
Amortized Cost	$ 2,681	$ 3,494
Gross Unrealized Gains	10	93
Gross Unrealized (Losses)	(15)
Estimated Fair Value	2,676	3,587
U.S. government agency MBS
Available for sale
Amortized Cost	1,698	2,146
Gross Unrealized Gains	6	76
Gross Unrealized (Losses)	(6)	0
Estimated Fair Value	1,698	2,222
U.S. government sponsored enterprise MBS
Available for sale
Amortized Cost	865	1,197
Gross Unrealized Gains	4	14
Gross Unrealized (Losses)	(4)	0
Estimated Fair Value	865	1,211
Private issue CMO
Available for sale
Amortized Cost	118	151
Gross Unrealized Gains	0	3
Gross Unrealized (Losses)	(5)	0
Estimated Fair Value	$ 113	$ 154

Investment Securities - Total i

Investment Securities - Total investment securities for amortized cost and estimated fair value (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Jun. 30, 2021
Investment Securities
Amortized Cost	$ 188,426	$ 226,800
Gross Unrealized Gains	84	2,318
Gross Unrealized (Losses)	(14,110)	(810)
Estimated Fair Value	174,400	228,308
Carrying Value	$ 188,421	$ 226,893

Investment Securities - Investm

Investment Securities - Investments with Unrealized Loss Positions for Held to maturity (Details) - USD ($)	Jun. 30, 2022	Jun. 30, 2021
Schedule of Held-to-maturity Securities [Line Items]
Unrealized Holding Losses Less Than 12 Months, Fair Value	$ 125,608,000	$ 84,600,000
Unrealized Holding Losses Less Than 12 Months, Unrealized Losses	9,168,000	810,000
Unrealized Holding Losses 12 Months or More, Fair Value	35,528,000	0
Unrealized Holding Losses 12 Months or More, Unrealized Losses	4,927,000	0
Unrealized Holding Losses Total, Fair Value	161,136,000	84,600,000
Unrealized Holding Losses Total, Unrealized Losses	14,095,000	810,000
U.S. government sponsored enterprise MBS
Schedule of Held-to-maturity Securities [Line Items]
Unrealized Holding Losses Less Than 12 Months, Fair Value	121,844,000	84,600,000
Unrealized Holding Losses Less Than 12 Months, Unrealized Losses	9,018,000	810,000
Unrealized Holding Losses 12 Months or More, Fair Value	35,528,000	0
Unrealized Holding Losses 12 Months or More, Unrealized Losses	4,927,000	0
Unrealized Holding Losses Total, Fair Value	157,372,000	84,600,000
Unrealized Holding Losses Total, Unrealized Losses	13,945,000	$ 810,000
U.S. government sponsored enterprise CMO
Schedule of Held-to-maturity Securities [Line Items]
Unrealized Holding Losses Less Than 12 Months, Fair Value	3,764,000
Unrealized Holding Losses Less Than 12 Months, Unrealized Losses	150,000
Unrealized Holding Losses 12 Months or More, Fair Value	0
Unrealized Holding Losses 12 Months or More, Unrealized Losses	0
Unrealized Holding Losses Total, Fair Value	3,764,000
Unrealized Holding Losses Total, Unrealized Losses	$ 150,000

Investment Securities - Inves_2

Investment Securities - Investments with Unrealized Loss Positions for Available for sale (Details) $ in Thousands	Jun. 30, 2022 USD ($)
Schedule of Available-for-sale Securities [Line Items]
Unrealized Holding Losses, Less Than 12 Months, Fair Value	1,610
Unrealized Holding Losses, Less Than 12 Months, Unrealized Losses	$ 15
Unrealized Holding Losses, 12 Months or More, Fair Value	0
Unrealized Holding Losses, 12 Months or More, Unrealized Losses	0
Unrealized Holding Losses Total, Fair Value	1,610
Unrealized Holding Losses Total, Unrealized Losses	$ 15
U.S. government agency MBS
Schedule of Available-for-sale Securities [Line Items]
Unrealized Holding Losses, Less Than 12 Months, Fair Value	826
Unrealized Holding Losses, Less Than 12 Months, Unrealized Losses	$ 6
Unrealized Holding Losses, 12 Months or More, Fair Value	0
Unrealized Holding Losses, 12 Months or More, Unrealized Losses	0
Unrealized Holding Losses Total, Fair Value	826
Unrealized Holding Losses Total, Unrealized Losses	$ 6
U.S. government sponsored enterprise MBS
Schedule of Available-for-sale Securities [Line Items]
Unrealized Holding Losses, Less Than 12 Months, Fair Value	671
Unrealized Holding Losses, Less Than 12 Months, Unrealized Losses	$ 4
Unrealized Holding Losses, 12 Months or More, Fair Value	0
Unrealized Holding Losses, 12 Months or More, Unrealized Losses	0
Unrealized Holding Losses Total, Fair Value	671
Unrealized Holding Losses Total, Unrealized Losses	$ 4
Private issue CMO
Schedule of Available-for-sale Securities [Line Items]
Unrealized Holding Losses, Less Than 12 Months, Fair Value	113
Unrealized Holding Losses, Less Than 12 Months, Unrealized Losses	$ 5
Unrealized Holding Losses, 12 Months or More, Fair Value	0
Unrealized Holding Losses, 12 Months or More, Unrealized Losses	0
Unrealized Holding Losses Total, Fair Value	113
Unrealized Holding Losses Total, Unrealized Losses	$ 5

Investment Securities - Inves_3

Investment Securities - Investments with Unrealized Loss Positions for total investment securities (Details) - USD ($)	Jun. 30, 2022	Jun. 30, 2021
Investment Securities
Unrealized Holding Losses Less Than 12 Months, Fair Value	$ 127,218,000	$ 84,600,000
Unrealized Holding Losses Less Than 12 Months, Unrealized Losses	9,183,000	810,000
Unrealized Holding Losses 12 Months or More, Fair Value	35,528,000	0
Unrealized Holding Losses 12 Months or More, Unrealized Losses	4,927,000	0
Unrealized Holding Losses Total, Fair Value	162,746,000	84,600,000
Unrealized Holding Losses Total, Unrealized Losses	$ 14,110,000	$ 810,000

Investment Securities - Sched_3

Investment Securities - Schedule of Held to maturity Securities by Contractual Maturity (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Jun. 30, 2021
Held to maturity, Amortized Cost
Due in one year or less	$ 1,427	$ 1,209
Due after one through five years	10,908	14,544
Due after five through ten years	77,167	90,798
Due after ten years	96,243	116,755
Total investment securities - held to maturity, Amortized Cost	185,745	223,306
Held to maturity, Estimated Fair Value
Due in one year or less	1,425	1,218
Due after one through five years	10,805	15,179
Due after five through ten years	72,625	91,780
Due after ten years	86,869	116,544
Total investment securities - held to maturity, Estimated Fair Value	$ 171,724	$ 224,721

Investment Securities - Sched_4

Investment Securities - Schedule of Available for Sale Securities by Contractual Maturity (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Jun. 30, 2021
Available for sale, Amortized Cost
Due in one year or less	$ 0	$ 0
Due after one through five years	0	0
Due after five through ten years	98	0
Due after ten years	2,583	3,494
Total investment securities - available for sale, Amortized Cost	2,681	3,494
Amortized Cost	188,426	226,800
Available for sale, Estimated Fair Value
Due in one year or less	0	0
Due after one through five years	0
Due after five through ten years	98	0
Due after ten years	2,578	3,587
Total investment securities - available for sale, Estimated Fair Value	2,676	3,587
Estimated Fair Value	$ 174,400	$ 228,308

Investment Securities - Mortgag

Investment Securities - Mortgage Backed Securities Policy (Details)	12 Months Ended
	Jun. 30, 2022 USD ($) security	Jun. 30, 2021 USD ($) security
Schedule of Available-for-sale Securities [Line Items]
Unrealized Holding Losses Total, Unrealized Losses	$ 14,110,000	$ 810,000
Unrealized Holding Losses Less Than 12 Months, Unrealized Losses	9,183,000	810,000
Unrealized Holding Losses 12 Months or More, Unrealized Losses	4,927,000	0
U.S. government sponsored enterprise MBS
Schedule of Available-for-sale Securities [Line Items]
Principal payments from investment securities available for sale	55,300,000	52,600,000
Proceeds from sale of investment securities available for sale	0	0
Payments to acquire Mortgage Backed Securities (MBS) categorized as Held-to-maturity	19,000,000	158,000,000
Unrealized Holding Losses 12 Months or More, Unrealized Losses	$ 4,927,000	$ 0
Number of securities in unrealized loss positions \| security	39	16
U.S. government sponsored enterprise CMO
Schedule of Available-for-sale Securities [Line Items]
Unrealized Holding Losses 12 Months or More, Unrealized Losses	$ 0
Number of securities in unrealized loss positions	2
Private issue CMO
Schedule of Available-for-sale Securities [Line Items]
Number of securities in unrealized loss positions \| security	3

Loans Held for Investment - Sch

Loans Held for Investment - Schedule of Loans Held for Investment (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans held for investment, gross	$ 937,970	$ 852,082
Advance payments of escrows	47	157
Deferred loan costs, net	7,539	6,308
Allowance for loan losses	(5,564)	(7,587)	$ (8,265)
Total loans held for investment, net	939,992	850,960
Mortgage loans, Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses	(816)	(1,006)	(1,110)
Construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses	(23)	(51)	$ (171)
Mortgage loans, Single-family
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans held for investment, gross	378,234	268,272
Mortgage Loans, Multi Family
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans held for investment, gross	464,676	484,408
Mortgage loans, Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans held for investment, gross	90,429	95,279
Construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans held for investment, gross	3,216	3,040
Mortgage Loans Other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans held for investment, gross	123	139
Consumer loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans held for investment, gross	86	95
Commercial business loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans held for investment, gross	$ 1,206	$ 849

Loans Held for Investment - S_2

Loans Held for Investment - Schedule of Loans Held for Investment Contractually Repricing (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Jun. 30, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Fixed Rate	$ 100,447
Total loans held for investment, gross	937,970	$ 852,082
Mortgage loans, Single-family
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Fixed Rate	97,405
Total loans held for investment, gross	378,234	268,272
Mortgage Loans, Multi Family
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Fixed Rate	172
Total loans held for investment, gross	464,676	484,408
Mortgage loans, Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Fixed Rate	1,336
Total loans held for investment, gross	90,429	95,279
Construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Fixed Rate	1,074
Total loans held for investment, gross	3,216	3,040
Mortgage Loans Other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Fixed Rate	123
Total loans held for investment, gross	123	139
Commercial business loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Fixed Rate	337
Total loans held for investment, gross	1,206	849
Consumer loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Fixed Rate	0
Total loans held for investment, gross	86	$ 95
Within One Year [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	234,561
Within One Year [Member] \| Mortgage loans, Single-family
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	49,101
Within One Year [Member] \| Mortgage Loans, Multi Family
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	135,586
Within One Year [Member] \| Mortgage loans, Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	46,777
Within One Year [Member] \| Construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	2,142
Within One Year [Member] \| Mortgage Loans Other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	0
Within One Year [Member] \| Commercial business loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	869
Within One Year [Member] \| Consumer loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	86
After One Year Through 3 Years [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	177,577
After One Year Through 3 Years [Member] \| Mortgage loans, Single-family
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	25,507
After One Year Through 3 Years [Member] \| Mortgage Loans, Multi Family
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	131,136
After One Year Through 3 Years [Member] \| Mortgage loans, Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	20,934
After One Year Through 3 Years [Member] \| Construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	0
After One Year Through 3 Years [Member] \| Mortgage Loans Other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	0
After One Year Through 3 Years [Member] \| Commercial business loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	0
After One Year Through 3 Years [Member] \| Consumer loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	0
After 3 Years Through 5 Years [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	203,392
After 3 Years Through 5 Years [Member] \| Mortgage loans, Single-family
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	35,862
After 3 Years Through 5 Years [Member] \| Mortgage Loans, Multi Family
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	146,148
After 3 Years Through 5 Years [Member] \| Mortgage loans, Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	21,382
After 3 Years Through 5 Years [Member] \| Construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	0
After 3 Years Through 5 Years [Member] \| Mortgage Loans Other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	0
After 3 Years Through 5 Years [Member] \| Commercial business loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	0
After 3 Years Through 5 Years [Member] \| Consumer loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	0
After 5 Years Through 10 Years [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	221,993
After 5 Years Through 10 Years [Member] \| Mortgage loans, Single-family
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	170,359
After 5 Years Through 10 Years [Member] \| Mortgage Loans, Multi Family
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	51,634
After 5 Years Through 10 Years [Member] \| Mortgage loans, Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	0
After 5 Years Through 10 Years [Member] \| Construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	0
After 5 Years Through 10 Years [Member] \| Mortgage Loans Other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	0
After 5 Years Through 10 Years [Member] \| Commercial business loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	0
After 5 Years Through 10 Years [Member] \| Consumer loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	$ 0

Loans Held for Investment - S_3

Loans Held for Investment - Schedule of Gross Loans Held for Investment by Loan Types and Risk Category (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Jun. 30, 2021
Loans and Leases Receivable, Gross	$ 937,970	$ 852,082
Mortgage loans, Single-family
Loans and Leases Receivable, Gross	378,234	268,272
Mortgage Loans, Multi Family
Loans and Leases Receivable, Gross	464,676	484,408
Mortgage loans, Commercial real estate
Loans and Leases Receivable, Gross	90,429	95,279
Construction
Loans and Leases Receivable, Gross	3,216	3,040
Mortgage Loans Other
Loans and Leases Receivable, Gross	123	139
Commercial business loans
Loans and Leases Receivable, Gross	1,206	849
Consumer loans
Loans and Leases Receivable, Gross	86	95
Pass
Loans and Leases Receivable, Gross	936,238	840,908
Pass \| Mortgage loans, Single-family
Loans and Leases Receivable, Gross	376,502	258,217
Pass \| Mortgage Loans, Multi Family
Loans and Leases Receivable, Gross	464,676	483,289
Pass \| Mortgage loans, Commercial real estate
Loans and Leases Receivable, Gross	90,429	95,279
Pass \| Construction
Loans and Leases Receivable, Gross	3,216	3,040
Pass \| Mortgage Loans Other
Loans and Leases Receivable, Gross	123	139
Pass \| Commercial business loans
Loans and Leases Receivable, Gross	1,206	849
Pass \| Consumer loans
Loans and Leases Receivable, Gross	86	95
Special Mention
Loans and Leases Receivable, Gross	224	1,767
Special Mention \| Mortgage loans, Single-family
Loans and Leases Receivable, Gross	224	1,767
Special Mention \| Mortgage Loans, Multi Family
Loans and Leases Receivable, Gross	0	0
Special Mention \| Mortgage loans, Commercial real estate
Loans and Leases Receivable, Gross	0	0
Special Mention \| Construction
Loans and Leases Receivable, Gross	0	0
Special Mention \| Mortgage Loans Other
Loans and Leases Receivable, Gross	0
Special Mention \| Commercial business loans
Loans and Leases Receivable, Gross	0	0
Special Mention \| Consumer loans
Loans and Leases Receivable, Gross	0	0
Substandard
Loans and Leases Receivable, Gross	1,508	9,407
Substandard \| Mortgage loans, Single-family
Loans and Leases Receivable, Gross	1,508	8,288
Substandard \| Mortgage Loans, Multi Family
Loans and Leases Receivable, Gross	0	1,119
Substandard \| Mortgage loans, Commercial real estate
Loans and Leases Receivable, Gross	0	0
Substandard \| Construction
Loans and Leases Receivable, Gross	0	0
Substandard \| Mortgage Loans Other
Loans and Leases Receivable, Gross	0
Substandard \| Commercial business loans
Loans and Leases Receivable, Gross	0	0
Substandard \| Consumer loans
Loans and Leases Receivable, Gross	$ 0	$ 0

Loans Held for Investment - S_4

Loans Held for Investment - Schedule of Allowance For Loan Losses and Recorded Investment in Gross Loans, by Portfolio Type (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses, beginning of the year	$ 7,587	$ 8,265
(Recovery) provision for loan losses	(2,462)	(708)
Recoveries	439	32
Charge-offs	0	(2)
Allowance for loan losses, end of the year	5,564	7,587
Individually evaluated for allowances	38	384
Collectively evaluated for allowances	5,526	7,203
Individually evaluated for allowances	1,275	8,039
Collectively evaluated for allowances	936,695	844,043
Total Loans Held for Investment, Gross	$ 937,970	$ 852,082
Allowance for loan losses as a percentage of gross loans held for investment	0.59%	0.88%
Net (recoveries) charge-offs as a percentage of average loans receivable, net, during the period	(0.05%)	0%
Mortgage loans, Single-family
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses, beginning of the year	$ 2,000	$ 2,622
(Recovery) provision for loan losses	(1,056)	(653)
Recoveries	439	31
Charge-offs	0
Allowance for loan losses, end of the year	1,383	2,000
Individually evaluated for allowances	38	384
Collectively evaluated for allowances	1,345	1,616
Individually evaluated for allowances	1,275	8,039
Collectively evaluated for allowances	376,959	260,233
Total Loans Held for Investment, Gross	$ 378,234	$ 268,272
Allowance for loan losses as a percentage of gross loans held for investment	0.37%	0.75%
Net (recoveries) charge-offs as a percentage of average loans receivable, net, during the period	(0.15%)	(0.01%)
Mortgage Loans, Multi Family
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses, beginning of the year	$ 4,485	$ 4,329
(Recovery) provision for loan losses	(1,203)	156
Recoveries	0	0
Charge-offs	0	0
Allowance for loan losses, end of the year	3,282	4,485
Individually evaluated for allowances	0	0
Collectively evaluated for allowances	3,282	4,485
Individually evaluated for allowances	0	0
Collectively evaluated for allowances	464,676	484,408
Total Loans Held for Investment, Gross	$ 464,676	$ 484,408
Allowance for loan losses as a percentage of gross loans held for investment	0.71%	0.93%
Net (recoveries) charge-offs as a percentage of average loans receivable, net, during the period	0%	0%
Mortgage loans, Commercial real estate
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses, beginning of the year	$ 1,006	$ 1,110
(Recovery) provision for loan losses	(190)	(104)
Recoveries	0	0
Charge-offs	0	0
Allowance for loan losses, end of the year	816	1,006
Individually evaluated for allowances	0	0
Collectively evaluated for allowances	816	1,006
Individually evaluated for allowances	0	0
Collectively evaluated for allowances	90,429	95,279
Total Loans Held for Investment, Gross	$ 90,429	$ 95,279
Allowance for loan losses as a percentage of gross loans held for investment	0.90%	1.06%
Net (recoveries) charge-offs as a percentage of average loans receivable, net, during the period	0%	0%
Construction
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses, beginning of the year	$ 51	$ 171
(Recovery) provision for loan losses	(28)	(120)
Recoveries	0	0
Charge-offs	0	0
Allowance for loan losses, end of the year	23	51
Individually evaluated for allowances	0	0
Collectively evaluated for allowances	23	51
Individually evaluated for allowances	0	0
Collectively evaluated for allowances	3,216	3,040
Total Loans Held for Investment, Gross	$ 3,216	$ 3,040
Allowance for loan losses as a percentage of gross loans held for investment	0.72%	1.68%
Net (recoveries) charge-offs as a percentage of average loans receivable, net, during the period	0%	0%
Mortgage Loans Other
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses, beginning of the year	$ 3	$ 3
(Recovery) provision for loan losses	0	0
Recoveries	0	0
Charge-offs	0	0
Allowance for loan losses, end of the year	3	3
Individually evaluated for allowances	0	0
Collectively evaluated for allowances	3	3
Individually evaluated for allowances	0	0
Collectively evaluated for allowances	123	139
Total Loans Held for Investment, Gross	$ 123	$ 139
Allowance for loan losses as a percentage of gross loans held for investment	2.44%	2.16%
Net (recoveries) charge-offs as a percentage of average loans receivable, net, during the period	0%	0%
Commercial business loans
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses, beginning of the year	$ 36	$ 24
(Recovery) provision for loan losses	16	12
Recoveries	0	0
Charge-offs	0	0
Allowance for loan losses, end of the year	52	36
Individually evaluated for allowances	0	0
Collectively evaluated for allowances	52	36
Individually evaluated for allowances	0	0
Collectively evaluated for allowances	1,206	849
Total Loans Held for Investment, Gross	$ 1,206	$ 849
Allowance for loan losses as a percentage of gross loans held for investment	4.31%	4.24%
Net (recoveries) charge-offs as a percentage of average loans receivable, net, during the period	0%	0%
Consumer loans
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses, beginning of the year	$ 6	$ 6
(Recovery) provision for loan losses	(1)	1
Recoveries	0	1
Charge-offs	0	(2)
Allowance for loan losses, end of the year	5	6
Individually evaluated for allowances	0	0
Collectively evaluated for allowances	5	6
Individually evaluated for allowances	0	0
Collectively evaluated for allowances	86	95
Total Loans Held for Investment, Gross	$ 86	$ 95
Allowance for loan losses as a percentage of gross loans held for investment	5.81%	6.32%
Net (recoveries) charge-offs as a percentage of average loans receivable, net, during the period	0%	1.22%

Loans Held For Investment - All

Loans Held For Investment - Allowance Roll-forward (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Loans Held for Investment
Allowance for loan losses, beginning of the year	$ 7,587	$ 8,265
Provision	(2,462)	(708)
Total recoveries	439	32
Total charge-offs	0	(2)
Allowance for loan losses, end of the year	$ 5,564	$ 7,587

Loans Held for Investment - S_5

Loans Held for Investment - Schedule of Total Recorded Investment in Non-Performing Loans by Type (Details) - USD ($)	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Financing Receivable, Allowance for Credit Losses [Line Items]
Unpaid Principal Balance	$ 1,541,000	$ 9,854,000
Related Charge-Offs	(33,000)	(436,000)
Recorded Investment	1,508,000	9,418,000
Related Allowance	(85,000)	(772,000)
Recorded Investment, Net of Allowance	1,423,000	8,646,000
Average Recorded Investment	4,186,000	9,090,000
Total interest income recognized	376,000	156,000
Mortgage loans, Single-family
Financing Receivable, Allowance for Credit Losses [Line Items]
With a related allowance Unpaid Principal Balance	993,000	7,400,000
Without a related allowance, Unpaid Principal Balance	548,000	1,335,000
Unpaid Principal Balance	1,541,000	8,735,000
With Related Allowance, Related Charge-Offs	0	0
With No Related Allowance, Related Charge-Offs	(33,000)	(436,000)
Related Charge-Offs	(33,000)	(436,000)
With Related Allowance, Recorded Investment	993,000	7,400,000
With No Related Allowance, Recorded Investment	515,000	899,000
Recorded Investment	1,508,000	8,299,000
Related Allowance	(85,000)	(434,000)
Recorded Investment, with Related Allowance, Net	908,000	6,966,000
Recorded Investment, with No Related Allowance, Net	515,000	899,000
Recorded Investment, Net of Allowance	1,423,000	7,865,000
With related allowances, Average Recorded Investment	2,594,000	7,187,000
Without related allowances, Average Recorded Investment	635,000	1,516,000
Average Recorded Investment	3,229,000	8,703,000
Interest income recognized with a related allowance	98,000	140,000
Interest income recognized without a related allowance	232,000
Total interest income recognized	330,000	140,000
Commercial business loans
Financing Receivable, Allowance for Credit Losses [Line Items]
With a related allowance Unpaid Principal Balance		0
Unpaid Principal Balance		0
With Related Allowance, Related Charge-Offs		0
Related Charge-Offs		0
With Related Allowance, Recorded Investment		0
Recorded Investment		0
Related Allowance		0
Recorded Investment, with Related Allowance, Net		0
Recorded Investment, Net of Allowance		0
With related allowances, Average Recorded Investment		13,000
Average Recorded Investment		13,000
Interest income recognized with a related allowance		1,000
Total interest income recognized		1,000
Mortgage Loans, Multi Family
Financing Receivable, Allowance for Credit Losses [Line Items]
With a related allowance Unpaid Principal Balance	0	1,119,000
Unpaid Principal Balance	0
With Related Allowance, Related Charge-Offs	0	0
Related Charge-Offs	0
With Related Allowance, Recorded Investment	0	1,119,000
Recorded Investment	0
Related Allowance		(338,000)
Recorded Investment, with Related Allowance, Net	0	781,000
Recorded Investment, Net of Allowance	0
With related allowances, Average Recorded Investment	957,000	374,000
Average Recorded Investment	957,000	374,000
Interest income recognized with a related allowance	46,000	15,000
Total interest income recognized	$ 46,000	$ 15,000

Loans Held for Investment - S_6

Loans Held for Investment - Schedule of loan forbearance related to COVID-19 hardship requests (Details)	12 Months Ended
	Jun. 30, 2022 USD ($) loan
Accounts, Notes, Loans and Financing Receivable [Line Items]
Forbearance Granted, Number of Loans \| loan	67
Forbearance Granted, Amount	$ 27,202,000
Forbearance Completed, Number of Loans \| loan	67
Forbearance Completed, Amount	$ 27,202,000
Number of forbearance loans subsequently extended \| loan	19
Amount of forbearance loans subsequently extended	$ 6,900,000
Mortgage loans, Single-family
Accounts, Notes, Loans and Financing Receivable [Line Items]
Forbearance Granted, Number of Loans \| loan	59
Forbearance Granted, Amount	$ 22,980,000
Forbearance Completed, Number of Loans \| loan	59
Forbearance Completed, Amount	$ 22,980,000
Value of pending requests for payment relief	$ 0
Mortgage Loans, Multi Family
Accounts, Notes, Loans and Financing Receivable [Line Items]
Forbearance Granted, Number of Loans \| loan	5
Forbearance Granted, Amount	$ 2,268,000
Forbearance Completed, Number of Loans \| loan	5
Forbearance Completed, Amount	$ 2,268,000
Mortgage loans, Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Forbearance Granted, Number of Loans \| loan	3
Forbearance Granted, Amount	$ 1,954,000
Forbearance Completed, Number of Loans \| loan	3
Forbearance Completed, Amount	$ 1,954,000

Loans Held for Investment - S_7

Loans Held for Investment - Schedule of Past Due Status of Loans Held for Investment, Gross (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans deemed uncollectible, period of delinquency	90 days	90 days
Non-accrual	$ 1,508	$ 9,407
Total loans held for investment, gross	937,970	852,082
Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans held for investment, gross	936,459	842,668
30 To 89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans held for investment, gross	3	7
Mortgage loans, Single-family
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-accrual	1,508	8,288
Total loans held for investment, gross	378,234	268,272
Mortgage loans, Single-family \| Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans held for investment, gross	376,726	259,984
Mortgage loans, Single-family \| 30 To 89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans held for investment, gross	0
Mortgage Loans, Multi Family
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-accrual	0	1,119
Total loans held for investment, gross	464,676	484,408
Mortgage Loans, Multi Family \| Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans held for investment, gross	464,676	483,289
Mortgage Loans, Multi Family \| 30 To 89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans held for investment, gross	0	0
Mortgage loans, Commercial real estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-accrual	0	0
Total loans held for investment, gross	90,429	95,279
Mortgage loans, Commercial real estate \| Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans held for investment, gross	90,429	95,279
Mortgage loans, Commercial real estate \| 30 To 89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans held for investment, gross	0	0
Construction
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-accrual	0	0
Total loans held for investment, gross	3,216	3,040
Construction \| Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans held for investment, gross	3,216	3,040
Construction \| 30 To 89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans held for investment, gross	0	0
Mortgage Loans Other
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-accrual	0	0
Total loans held for investment, gross	123	139
Mortgage Loans Other \| Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans held for investment, gross	123	139
Mortgage Loans Other \| 30 To 89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans held for investment, gross	0	0
Commercial business loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-accrual	0	0
Total loans held for investment, gross	1,206	849
Commercial business loans \| Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans held for investment, gross	1,206	849
Commercial business loans \| 30 To 89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans held for investment, gross	0	0
Consumer loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-accrual	0	0
Total loans held for investment, gross	86	95
Consumer loans \| Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans held for investment, gross	83	88
Consumer loans \| 30 To 89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans held for investment, gross	$ 3	$ 7
Bankruptcy [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans deemed uncollectible, period of delinquency	60 days
Troubled Debt Restructurings [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans deemed uncollectible, period of delinquency	90 days
Commercial Real Estate Or Second Mortgage [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans deemed uncollectible, period of delinquency	120 days

Loans Held for Investment - S_8

Loans Held for Investment - Schedule of restructured loan balances, net of allowance for loan losses, by loan type and by Nonaccrual Versus Accrual Status (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Financing Receivable, Modifications [Line Items]
Restructured loans on non-accrual status	$ 722	$ 6,983
Restructured loans on accrual status	3,748	876
Total restructured loans	4,470	7,859
Mortgage loans, Single-family
Financing Receivable, Modifications [Line Items]
Restructured loans on non-accrual status	722	6,983
Restructured loans on accrual status	$ 3,748	876
Current Payment Status
Financing Receivable, Modifications [Line Items]
Total restructured loans		$ 7,700

Loans Held for Investment - S_9

Loans Held for Investment - Schedule of Restructured Loans by Type, Net of Individually Evaluated Allowances (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Jun. 30, 2021
Financing Receivable, Impaired [Line Items]
Restructured Loans, Allowance for Loan Losses	$ (38)	$ (384)
Restructured Loans, Unpaid Principal Balance	4,508	8,608
Restructured Loans, Related Charge-offs	0	(365)
Restructured Loans, Recorded Investment	4,508	8,243
Restructured loans, net investment	4,470	7,859
Mortgage loans, Single-family
Financing Receivable, Impaired [Line Items]
Restructured Loans, With Related Allowance, Unpaid Principal Balance	760	7,151
Restructured Loans, With Related Allowance, Related Charge-offs	0
Restructured Loans, With a Related Allowance, Recorded Investment	760	7,151
Restructured Loans, Allowance for Loan Losses	(38)	(384)
Restructured loans, with a related allowance, net investment	722	6,767
Restructured Loans, Without a Related Allowance, Unpaid Principal Balance	3,748	1,457
Restructured Loans, Without a Related Allowance, Related Charge-offs	0	(365)
Restructured Loans, Without a Related Allowance, Recorded Investment	3,748	1,092
Restructured Loans, Without a Related Allowance, Net Investment	3,748	1,092
Restructured Loans, Unpaid Principal Balance	4,508	8,608
Restructured Loans, Related Charge-offs	0	(365)
Restructured Loans, Recorded Investment	4,508	8,243
Restructured loans, net investment	$ 4,470	$ 7,859

Loans Held For Investment - Rel

Loans Held For Investment - Related Party Loan Activity (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Loans and Leases Receivable, Related Parties [Roll Forward]
Balance, beginning of year	$ 0	$ 1
Sales and payments	0	(1)
Balance, end of year	$ 0	$ 0

Loans Held for Investment - Add

Loans Held for Investment - Additional Information (Details)	12 Months Ended
	Jun. 30, 2022 USD ($) loan	Jun. 30, 2021 USD ($) loan
Fixed-rate loans as a percentage of total loans held for investment	11%	4%
Loans deemed uncollectible, period of delinquency	90 days	90 days
Restructured loans amount	$ 4,470,000	$ 7,859,000
Loans held for investment	937,970,000	$ 852,082,000
Payment deferral extension term		6 months
Loan interest income added to negative amortization loan balance	0
Loans and Leases Receivable, Impaired, Commitment to Lend	0	$ 0
Non-performing loans received	405,000	209,000
Non-performing loans interest recognized as principal payments, cost basis	29,000	53,000
Interest income, non-performing loans, cash basis	376,000	156,000
Average investment in non-performing loans	$ 4,186,000	9,090,000
Loans receivable, modified and extended beyond initial maturity		$ 4,700,000
Number of loans newly restructured \| loan	0
Number of Covid-19 related loans newly restructured \| loan		19
Number of forbearance loans \| loan	0
Number of modified loans \| loan	13	23
Restructured Loans, Number of Loans Paid off \| loan	7	3
Number of loans converted into real estate owned \| loan	0	0
Number of restructured loans \| loan	0	0
Number of loans modified, extended beyond initial maturity \| loan	0	12
Restructured loans on non-accrual status	$ 1,508,000	$ 9,407,000
Number of loans paid off which is extended beyond forbearance \| loan	5
Amount of loans paid off which is extended beyond forbearance	$ 2,200,000
Number of loans nonperforming which is extended beyond initial forbearance \| loan	1
Amount of loans nonperforming which is extended beyond initial forbearance	$ 760,000
First Trust Deed Loans
Loans deemed uncollectible, period of delinquency	150 days
Mortgage loans, Commercial real estate
Restructured loans on non-accrual status	$ 0	0
Mortgage loans, Single-family
Interest income, non-performing loans, cash basis	330,000	140,000
Average investment in non-performing loans	3,229,000	8,703,000
Restructured loans on non-accrual status	1,508,000	8,288,000
Commercial business loans
Interest income, non-performing loans, cash basis		1,000
Average investment in non-performing loans		13,000
Restructured loans on non-accrual status	$ 0	$ 0
Bankruptcy [Member]
Loans deemed uncollectible, period of delinquency	60 days
Troubled Debt Restructurings [Member]
Loans deemed uncollectible, period of delinquency	90 days
Commercial Real Estate Or Second Mortgage [Member]
Loans deemed uncollectible, period of delinquency	120 days
Restructured loans on non-accrual status
Number of modified loans \| loan		20
Maximum
Segregated restructured loans, period of delinquency	90 days
Maximum \| Bankruptcy [Member]
Allowance for loan losses, pooling method, period of delinquency	60 days
Substandard
Restructured loans amount	$ 722,000	$ 7,000,000
Loans held for investment	$ 1,508,000	$ 9,407,000
Number of modified loans \| loan	1	20
Pass
Restructured loans amount		$ 876,000
Loans held for investment	$ 936,238,000	$ 840,908,000
Number of modified loans \| loan		3
Number of loans upgraded \| loan	3	2
Number of loans upgraded which is extended beyond initial forbearance \| loan	13
Amount of loans upgraded which is extended beyond initial forbearance	$ 3,900,000
Special Mention
Loans held for investment	224,000	$ 1,767,000
Current Payment Status
Restructured loans amount		$ 7,700,000
Percent of total restructured loans on current status		97%
Mortgage loans, Single-family
Loans held for investment	378,234,000	$ 268,272,000
Mortgage loans, Single-family \| Substandard
Loans held for investment	1,508,000	8,288,000
Mortgage loans, Single-family \| Pass
Loans held for investment	376,502,000	258,217,000
Mortgage loans, Single-family \| Special Mention
Loans held for investment	224,000	1,767,000
Mortgage Loans, Multi Family
Loans held for investment	464,676,000	484,408,000
Mortgage Loans, Multi Family \| Substandard
Loans held for investment	0	1,119,000
Mortgage Loans, Multi Family \| Pass
Loans held for investment	464,676,000	483,289,000
Mortgage Loans, Multi Family \| Special Mention
Loans held for investment	$ 0	$ 0

Leases - Supplemental informati

Leases - Supplemental information (Details) - USD ($)	12 Months Ended
Leases - Supplemental information (Details) - USD ($)	Jun. 30, 2022	Jun. 30, 2021
Leases
Lease expense	$ 880,000	$ 866,000
Consolidated Statements of Condition:
Premises and equipment - Operating lease right of use assets	1,969,000	2,117,000
Accounts payable, accrued interest and other liabilities - Operating lease liabilities	$ 1,998,000	$ 2,192,000
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]	Property, Plant and Equipment, Net	Property, Plant and Equipment, Net
Operating Lease, Liability, Statement of Financial Position [Extensible List]	Accounts Payable and Accrued Liabilities	Accounts Payable and Accrued Liabilities
Consolidated Statements of Operations:
Premises and occupancy expenses from operating leases	$ 788,000	$ 797,000
Equipment expenses from operating leases	92,000	69,000
Consolidated Statements of Cash Flows:
Operating cash flows for operating leases, net	$ 921,000	$ 905,000

Leases - Remaining minimum cont

Leases - Remaining minimum contractual lease payments and other information (Details) $ in Thousands	Jun. 30, 2022 USD ($)
Remaining minimum contractual lease payments and other information associated with the leases
2023	$ 832
2024	555
2025	400
2026	236
2027	39
Total contract lease payments	2,062
Total liability to make lease payments	1,998
Difference in undiscounted and discounted future lease payments	$ 64
Weighted average discount rate	1.97%
Weighted average remaining lease term (years)	3 years 1 month 6 days

Premises and Equipment (Details

Premises and Equipment (Details) - USD ($) $ in Thousands	12 Months Ended
Premises and Equipment (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Jun. 30, 2021
Premises and Equipment
Operating lease - right of use assets	$ 1,969	$ 2,117
Premises and equipment, gross	23,308	23,355
Less accumulated depreciation and amortization	(14,482)	(13,978)
Total premises and equipment, net	8,826	9,377
Depreciation and amortization expense	1,500	1,600
Land
Premises and Equipment
Premises and equipment, gross	2,853	2,853
Buildings
Premises and Equipment
Premises and equipment, gross	9,896	9,772
Leasehold improvements
Premises and Equipment
Premises and equipment, gross	2,996	3,033
Furniture and equipment
Premises and Equipment
Premises and equipment, gross	5,427	5,416
Automobiles
Premises and Equipment
Premises and equipment, gross	$ 167	$ 164

Deposits - Summary of deposits

Deposits - Summary of deposits (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Jun. 30, 2021
Deposit Liabilities [Line Items]
Checking deposits - non interest-bearing	$ 125,089	$ 123,179
Checking deposits - interest-bearing	335,788	327,388
Savings deposits	333,581	307,299
Money market deposits	39,897	39,670
Total deposits	$ 955,504	$ 937,973
Weighted-average interest rate on deposits	0.11%	0.15%
Under $100
Deposit Liabilities [Line Items]
Time deposits	$ 60,721	$ 71,026
$100 and over
Deposit Liabilities [Line Items]
Time deposits	$ 60,428	$ 69,411
Minimum
Deposit Liabilities [Line Items]
Checking deposits - interest-bearing, Interest Rate	0%	0%
Savings deposits, Interest Rate	0%	0%
Money market deposits, Interest Rate	0%	0%
Minimum \| Under $100
Deposit Liabilities [Line Items]
Time deposits, Interest Rate	0%	0%
Minimum \| $100 and over
Deposit Liabilities [Line Items]
Time deposits, Interest Rate	0.05%	0.05%
Maximum
Deposit Liabilities [Line Items]
Checking deposits - interest-bearing, Interest Rate	0.20%	0.20%
Savings deposits, Interest Rate	0.70%	0.70%
Money market deposits, Interest Rate	2%	2%
Maximum \| Under $100
Deposit Liabilities [Line Items]
Time deposits, Interest Rate	2.13%	2.13%
Maximum \| $100 and over
Deposit Liabilities [Line Items]
Time deposits, Interest Rate	2.13%	2.13%

Deposits - Aggregate annual mat

Deposits - Aggregate annual maturities of time deposits (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Jun. 30, 2021
Deposits
One year or less	$ 78,644	$ 76,705
Over one to two years	20,600	37,687
Over two to three years	13,890	11,230
Over three to four years	3,552	11,923
Over four to five years	3,186	2,493
Over five years	1,277	399
Total time deposits	$ 121,149	$ 140,437

Deposits - Interest expense on

Deposits - Interest expense on deposits (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Deposits
Checking deposits - interest-bearing	$ 149	$ 188
Savings deposits	172	208
Money market deposits	71	80
Time deposits	752	1,269
Total interest expense on deposits	$ 1,144	$ 1,745

Deposits - Additional Informati

Deposits - Additional Information (Details) - Federal Reserve Bank of San Francisco	12 Months Ended
	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)
Deposit Liabilities [Line Items]
Percentage of reserve ratios on transaction accounts maintained in depository institution	0	0
Minimum reserve	$ 0	$ 0

Borrowings (Details)

Borrowings (Details) - USD ($)	12 Months Ended
Borrowings (Details) - USD ($)	Jun. 30, 2022	Jun. 30, 2021
Discount window facility is with FHLB and Federal Reserve Bank of San Francisco
Collateral pledged on Federal Home Loan Bank advances	$ 570,400,000	$ 607,000,000
Federal Home Loan Bank stock, cash dividends distributed	489,000	418,000
Advances, Federal Funds Facility with Correspondent Bank	50,000,000	17,000,000
Federal Home Loan Bank stock, redeemed amount	0	0
Purchase of FHLB - San Francisco stock	84,000	185,000
Discount Window Facility [Member]
Discount window facility is with FHLB and Federal Reserve Bank of San Francisco
Federal Reserve Bank of San Francisco	0	0
San Francisco [Member]
Discount window facility is with FHLB and Federal Reserve Bank of San Francisco
Federal Home Loan Bank advances, limit on borrowing capacity, amount	415,700,000	416,200,000
Federal Home Loan Bank advances, unused borrowing facility	310,300,000	296,800,000
Federal Home Loan Bank advances, available collateral	310,500,000	343,100,000
Federal Reserve Bank of San Francisco	85,000,000	100,983,000
Outstanding letters of credit	18,000,000	16,000,000
Federal Home Loan Bank stock, required investment	8,200,000	8,200,000
Federal Home Loan Bank stock, excess investment	0	0
Federal Reserve Bank of San Francisco
Discount window facility is with FHLB and Federal Reserve Bank of San Francisco
Purchase of FHLB - San Francisco stock	84,000	185,000
Federal Reserve Bank of San Francisco \| Discount Window Facility [Member]
Discount window facility is with FHLB and Federal Reserve Bank of San Francisco
Federal Reserve Bank of San Francisco	153,900,000	206,100,000
FHLB - San Francisco \| MPF Credit Enhancement [Member]
Discount window facility is with FHLB and Federal Reserve Bank of San Francisco
MPF credit enhancement	$ 2,500,000	$ 2,500,000
FHLB - San Francisco \| Maximum
Discount window facility is with FHLB and Federal Reserve Bank of San Francisco
Federal Home Loan Bank advances, limit on borrowing capacity (percent of total assets)	35%	35%
FHLB - San Francisco \| Mortgage Loans on Real Estate.
Discount window facility is with FHLB and Federal Reserve Bank of San Francisco
Collateral pledged on Federal Home Loan Bank advances	$ 570,400,000	$ 607,000,000
FHLB - San Francisco \| Investment Securities [Member]
Discount window facility is with FHLB and Federal Reserve Bank of San Francisco
Collateral pledged on Federal Home Loan Bank advances	4,700,000	1,600,000
FHLB - San Francisco \| Investment Securities [Member] \| Discount Window Facility [Member]
Discount window facility is with FHLB and Federal Reserve Bank of San Francisco
Collateral pledged on Federal Home Loan Bank advances	$ 163,700,000	$ 219,200,000

Borrowings - FHLB Advances (Det

Borrowings - FHLB Advances (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Discount window facility is with FHLB and Federal Reserve Bank of San Francisco
Purchase of FHLB - San Francisco stock	$ 84	$ 185
San Francisco [Member]
Discount window facility is with FHLB and Federal Reserve Bank of San Francisco
Federal Reserve Bank of San Francisco	$ 85,000	$ 100,983

Borrowings - Weighted Average D

Borrowings - Weighted Average Disclosures (Details) - San Francisco [Member] - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Discount window facility is with FHLB and Federal Reserve Bank of San Francisco
Balance outstanding at the end of year: FHLB - San Francisco advances	$ 85,000	$ 100,983
Weighted-average rate at the end of year: FHLB - San Francisco advances	2.20%	2.19%
Maximum amount of borrowings outstanding at any month end: FHLB - San Francisco advances	$ 100,978	$ 141,042
Average short-term borrowings during the year with respect to: FHLB - San Francisco advances	$ 25,513	$ 35,631
Weighted-average short-term borrowing rate during the year with respect to: FHLB - San Francisco advances	1.87%	2.14%

Borrowings - Contractual Maturi

Borrowings - Contractual Maturities (Details) - San Francisco [Member] - USD ($) $ in Thousands	Jun. 30, 2022	Jun. 30, 2021
Discount window facility is with FHLB and Federal Reserve Bank of San Francisco
Within one year	$ 35,000	$ 20,983
Over one to two years	30,000	30,000
Over two to three years	20,000	30,000
Over three to four years	0	20,000
Over four to five years	0	0
Over five years	0	0
Total borrowings	$ 85,000	$ 100,983
Weighted average interest rate	2.20%	2.19%

Income Taxes - Provision for In

Income Taxes - Provision for Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Current:
Federal	$ 1,781	$ 1,547
State	844	598
Provision for income taxes, current	2,625	2,145
Deferred:
Federal	696	303
State	444	178
Provision for income taxes, Deferred	1,140	481
Provision for income taxes	$ 3,765	$ 2,626

Income Taxes - Effective tax ra

Income Taxes - Effective tax rate (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Income Taxes
Federal income tax at statutory rate, Amount	$ 2,700	$ 2,139
Federal income tax at statutory rate, Tax rate	21%	21%
State income tax, net of federal income tax benefit, Amount	$ 988	$ 614
State income tax, net of federal income tax benefit, Tax rate	7.68%	6.05%
Bank-owned life insurance, Amount	$ (39)	$ (40)
Bank-owned life insurance, Tax Rate	(0.31%)	(0.39%)
Non-deductible expenses, Amount	$ 8	$ 6
Non-deductible expenses, Tax Rate	0.06%	0.06%
Non-deductible stock-based compensation, Amount	$ 0	$ (30)
Non-deductible stock-based compensation, Tax Rate	0%	(0.30%)
Excess tax benefit on stock-based compensation	$ 0	$ (64)
Excess tax benefit on stock-based compensation, Tax rate	0%
Return to provision adjustment, Amount	$ 107
Return to provision adjustment, Tax rate	0.84%
Other, Amount	$ 1	$ 1
Other, Tax Rate	0.01%	(0.64%)
Effective income tax, Amount	$ 3,765	$ 2,626
Effective income tax, Tax rate	29.28%	25.78%

Income Taxes - Income Taxes (De

Income Taxes - Income Taxes (Deferred Tax Assets) (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Jun. 30, 2021
Income Tax Disclosure [Line Items]
Total net deferred tax assets	$ 1,432	$ 2,543
Federal
Income Tax Disclosure [Line Items]
Total net deferred tax assets	947	1,617
State and Local Jurisdiction
Income Tax Disclosure [Line Items]
Total net deferred tax assets	$ 485	$ 926

Income Taxes - Deferred Tax Ass

Income Taxes - Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Jun. 30, 2021
Deferred Tax Assets [Abstract]
Loss reserves	$ 1,968	$ 2,734
Non-accrued interest	199	392
Deferred compensation	2,903	2,512
Accrued vacation	178	197
Depreciation	211	153
State tax	64	0
Other	245	307
Total deferred tax assets	5,768	6,295
Deferred Tax Liabilities [Abstract]
FHLB - San Francisco stock dividends	(645)	(645)
Prepaid expenses	(28)	(41)
Unrealized loss (gain) on investment securities	1	(27)
Unrealized gain on interest-only strips	(2)	(3)
Deferred loan costs	(3,662)	(2,974)
State tax	0	(62)
Total deferred tax liabilities	(4,336)	(3,752)
Net deferred tax assets	$ 1,432	$ 2,543

Income Taxes - Additional Infor

Income Taxes - Additional Information (Details) - USD ($)	12 Months Ended
Income Taxes - Additional Information (Details) - USD ($)	Jun. 30, 2022	Jun. 30, 2021
Income Taxes
Income tax (deficit) benefit recognized from non-qualified equity compensation	$ 0	$ 91,000
Net tax loss carryforwards, federal	0	0
Retained earnings	9,000,000	9,000,000
Federal income tax	696,000	303,000
Unrecognized Tax Benefits	0	0
Income Tax Examination, Penalties Expense	0	0
Income Tax Examination, Interest Expense	0	0
Deferred Tax Liability Not Recognized, Amount of Unrecognized Deferred Tax Liability, Bad Debt Reserve for Tax Purposes of Qualified Lender	$ 3,100,000	$ 3,100,000

Capital (Details)

Capital (Details) $ in Thousands	12 Months Ended
Capital (Details) $ in Thousands	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Cash dividends declared and paid	$ 7,500	$ 5,000
Provident Financial Holding
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Tier 1 Leverage Capital, Actual, Amount	124,871	121,621
Total Risk-Based Capital, Actual, Amount	$ 130,565	$ 129,335
Risk Based Capital Required for Capital Adequacy to Risk Weighted Assets	10.50%	10.50%
Tier 1 Leverage Capital, Actual, Ratio	10.47	10.19
Tier 1 Risk-Based Capital, Actual, Ratio	19.58	18.58
Tier One Risk Based Capital Required for Capital Adequacy	$ 54,221	$ 55,634
Tier One Risk Based Capital Required for Capital Adequacy, Ratio	8.50	8.50
Total Risk-Based Capital, Actual, Ratio	20.47%	19.76%
Tier 1 Leverage Capital, For Capital Adequacy Purposes, Amount	$ 47,699	$ 47,736
Total Risk-Based Capital, For Capital Adequacy Purposes, Amount	$ 66,979	$ 68,724
Tier 1 Leverage Capital, For Capital Adequacy Purposes, Ratio (greater than or equal to)	4	4
Tier 1 Leverage Capital, To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 59,624	$ 59,670
Tier 1 Risk-Based Capital, To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	51,032	52,361
Total Risk-Based Capital, To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 63,790	$ 65,452
Tier 1 Leverage Capital, To Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio (greater than or equal to)	5	5
CET1 Risk Based Capital	$ 124,871	$ 121,621
CET1 Risk Based Capital to Risk Weighted Assets	19.58%	18.58%
CET1 Risk Based Capital Required for Capital Adequacy	$ 44,653	$ 45,816
CET1 Leverage Capital, For Capital Adequacy Purposes, Ratio (greater than or equal to)	7%	7%
CET1 Risk Based Capital Required to be Well Capitalized	$ 41,463	$ 42,544
CET1 Risk Based Capital Required to be Well Capitalized to Risk Weighted Assets	6.50%	6.50%
Tier One Risk Based Capital	$ 124,871	$ 121,621
Tier 1 Risk-Based Capital, To Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio (greater than or equal to)	8	8
Total Risk-Based Capital, Ratio (greater than or equal to)	10%	10%

Benefit Plans - Post-retirement

Benefit Plans - Post-retirement (Details)	12 Months Ended
Benefit Plans - Post-retirement (Details)	Jun. 30, 2022 USD ($) Office	Jun. 30, 2021 USD ($) Office
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block
Cash surrender value of bank owned life insurance	$ 8,200,000	$ 8,000,000
Bank owned life insurance, non-taxable income	$ 188,000	$ 191,000
Executive Officer [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block
Number of executive officers \| Office	2	2
Post-retirement compensation liability	$ 6,800,000	$ 6,600,000
Post-retirement compensation expense	$ 217,000	$ 563,000
401(k) defined contribution plan [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block
Employer matching contributions (percent)	3%	3%
Employee contributions, immediate vesting (percent)	100%	100%
Vesting term for employer matching contributions	6 years	6 years
401(k) defined contribution expense	$ 297,000	$ 297,000

Benefit Plans - ESOP (Details)

Benefit Plans - ESOP (Details) - USD ($)	12 Months Ended
Benefit Plans - ESOP (Details) - USD ($)	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021	Dec. 31, 2020
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block
ESOP, requisite service period	1 year	1 year
ESOP, requisite service period (per year)	1000 hours	1000 hours
ESOP, shares purchased to partially fulfill annual discretionary allocation	20,000	40,000
ESOP, cash contribution	$ 317,000
ESOP, vesting percentage	100%
ESOP, vesting period	6 years
ESOP expense	$ 659,000	$ 577,000
ESOP, number of allocated shares acquired with employer loan			40,000	40,000
Minimum
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block
ESOP participation age limit	21 years	21 years

Incentive Plans - Equity Incent

Incentive Plans - Equity Incentive Plan Policy Valuation Assumptions (Details) - Equity Incentive Plans - Stock Option	12 Months Ended
	Jun. 30, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected volatility	20.30%
Weighted-average volatility	20.30%
Expected dividend yield	3.40%
Expected term (in years)	7 years 4 months 24 days
Risk-free interest rate	1.40%

Incentive Plans - Summary of St

Incentive Plans - Summary of Stock Option Activity (Details) - Equity Incentive Plans - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Shares:
Outstanding, Beginning of Period	417,000	554,500
Granted	17,000	0
Exercised	0	(132,000)
Forfeited	0	(5,500)
Expired	(3,000)
Outstanding, End of Period	431,000	417,000
Vested and expected to vest at year end	419,200	408,000
Exercisable at year end	372,000	372,000
Weighted-Average Exercise Price (in dollars per share):
Outstanding, Beginning of Period	$ 16.22	$ 14.07
Granted	16.70	0
Exercised	0	7.43
Forfeited	0	10.68
Expired	16.70
Outstanding, End of Period	16.24	16.22
Vested and expected to vest at year end	16.15	16.13
Exercisable at year end	$ 15.74	$ 15.74
Weighted- Average Remaining Contractual Term (Years):
Outstanding at year end	3 years 5 months 23 days	4 years 3 months 10 days
Vested and expected to vest at year end	3 years 4 months 9 days	4 years 2 months 12 days
Exercisable at year end	2 years 10 months 2 days	3 years 10 months 2 days
Aggregate Intrinsic Value ($000):
Outstanding at year end	$ 63	$ 760
Vested and expected to vest at year end	63	760
Exercisable at year end	$ 63	$ 760

Incentive Plans - Summary of Un

Incentive Plans - Summary of Unvested Restricted Stock Activity (Details) - Restricted Stock - Equity Incentive Plans - $ / shares	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Shares
Unvested, Beginning of Period	101,250	225,500
Granted	1,000	0
Vested	(1,000)	(112,750)
Forfeited	(6,500)	(11,500)
Unvested, End of Period	94,750	101,250
Expected to vest at year end	75,800	81,000
Weighted-Average Award Date Fair Value
Unvested, Beginning of Period	$ 18.57	$ 18.55
Granted	16.70	0
Vested	16.70	18.53
Forfeited	18.57	18.57
Unvested, End of Period	18.57	18.57
Expected to vest at year end	$ 18.57	$ 18.57

Incentive Plans - Additional In

Incentive Plans - Additional Information (Details)	12 Months Ended
Incentive Plans - Additional Information (Details)	Jun. 30, 2022 USD ($) plan shares	Jun. 30, 2021 USD ($) shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
ShareBased Compensation Arrangement By Share Based Payment Award Number Of Share Based Compensation Plans \| plan	3
Compensation cost \| $	$ 798,000	$ 1,300,000
Equity Incentive Plans
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options, Exercised	0	132,000
Stock options, Granted	17,000	0
Stock options, Forfeited	0	5,500
Stock options, expired	3,000
Stock Option \| Equity Incentive Plans
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Maximum term for stock awards	10 years	10 years
Term used to calculate expected volatility	84 months	84 months
Stock options, Exercised	0	132,000
Stock options, Granted	14,000	0
Stock options, Forfeited	0	5,500
Stock options, expired	3,000
Number of shares available for grant	43,500	60,500
Unrecognized share-based compensation expense, stock options \| $	$ 94,000	$ 114,000
Share-based compensation cost not yet recognized, weighted average period for recognition (less than)	1 year 7 months 6 days	1 year 10 months 24 days
Forfeiture rate for equity incentive plans	20%	20%
Stock Option \| 2013 Equity Incentive Plan ("2013 Plan")
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized for Equity Incentive Plan	300,000	300,000
Annual limitation on awards granted to an individual under Equity Incentive Plan	60,000	60,000
Stock Option \| 2010 Equity Incentive Plan ("2010 Plan")
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized for Equity Incentive Plan	586,250	586,250
Stock Option \| 2006 Equity Incentive Plan ("2006 Plan")
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized for Equity Incentive Plan	365,000	365,000
Restricted Stock \| Equity Incentive Plans
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period	10 months 24 days	1 year 10 months 24 days
Forfeiture rate for equity incentive plans	20%	20%
Restricted stock, grants in period	1,000	0
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Fair Value \| $	$ 17,000	$ 2,100,000
Restricted stock, Forfeited	6,500	11,500
Restricted stock, Vesting and distribution	1,000	112,750
Unrecognized share-based compensation expense, restricted stock \| $	$ 994,000	$ 1,800,000
Restricted Stock \| 2013 Equity Incentive Plan ("2013 Plan")
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized for Equity Incentive Plan	300,000	300,000
Annual limitation on awards granted to an individual under Equity Incentive Plan	45,000	45,000
Number of shares available for grant	68,250	62,750
Restricted Stock \| 2010 Equity Incentive Plan ("2010 Plan")
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized for Equity Incentive Plan	288,750	288,750
Restricted Stock \| 2006 Equity Incentive Plan ("2006 Plan")
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized for Equity Incentive Plan	185,000	185,000

Earnings Per Share - Summary of

Earnings Per Share - Summary of Earnings Per Share Basic and Diluted (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Numerator:
Net income - numerator for basic earnings per share and diluted earnings per share - available to common stockholders	$ 9,093	$ 7,561
Denominator for basic earnings per share:
Weighted-average shares	7,404,089	7,464,814
Denominator for diluted earnings per share:
Adjusted weighted-average shares and assumed conversions	7,449,004	7,538,409
Basic earnings per share	$ 1.23	$ 1.01
Diluted earnings per share	$ 1.22	$ 1
Stock Option
Denominator for basic earnings per share:
Effect of dilutive shares	29,614	49,917
Restricted Stock
Denominator for basic earnings per share:
Effect of dilutive shares	15,301	23,678

Earnings Per Share - Additional

Earnings Per Share - Additional Information (Details) - shares	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share	130,000	116,000
Stock Option
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Stock options, outstanding	431,000	417,000
Restricted Stock
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Restricted stock, outstanding	94,750	101,250

Commitments and Contingencies -

Commitments and Contingencies - Operating Lease Obligations (Details) $ in Thousands	Jun. 30, 2022 USD ($)
Lessee, Lease, Description [Line Items]
2023	$ 832
2024	555
2025	400
2026	236
2027	39
Total contract lease payments	2,062
ASC 842
Lessee, Lease, Description [Line Items]
2023	1,192
2024	589
2025	435
2026	250
2027	41
Thereafter	0
Total contract lease payments	$ 2,507

Commitments and Contingencies_2

Commitments and Contingencies - Additional Information (Details) - USD ($)	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Loss Contingencies
Operating Lease, Expense	$ 1,800,000	$ 1,700,000
Other Investors
Loss Contingencies
Recourse liability	150,000	175,000
Mortgage Partnership Finance (MPF) Program
Loss Contingencies
Recourse liability	$ 10,000	$ 25,000

Derivative and Other Financia_3

Derivative and Other Financial Instruments with Off-Balance Sheet Risks - Schedule of Undisbursed Funds Commitments (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Jun. 30, 2021
Derivative [Line Items]
Total	$ 47,701	$ 27,251
Undisbursed loan funds - Construction loans
Derivative [Line Items]
Total	3,384	4,479
Undisbursed lines of credit - Commercial business loans
Derivative [Line Items]
Total	541	460
Undisbursed lines of credit - Consumer loans
Derivative [Line Items]
Total	390	425
Commitments to extend credit on loans to be held for investment
Derivative [Line Items]
Total	$ 43,386	$ 21,887

Derivative and Other Financia_4

Derivative and Other Financial Instruments with Off-Balance Sheet Risks - Schedule of Allowance for Loan Losses of Undisbursed Funds and Commitments on Loans Held for Investment (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Allowance for Loan and Lease Losses [Roll Forward]
Allowance for loan losses, beginning of the year	$ 7,587	$ 8,265
Provision	(2,462)	(708)
Allowance for loan losses, end of the year	5,564	7,587
Commitments to extend credit on loans to be held for sale
Allowance for Loan and Lease Losses [Roll Forward]
Allowance for loan losses, beginning of the year	127	126
Provision	3	1
Allowance for loan losses, end of the year	$ 130	$ 127

Fair Value of Financial Instr_3

Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Fair Value of Financial Instruments
Loans held for investment, Aggregate Fair Value	$ 1,396	$ 1,874
Loans held for investment, Aggregate Unpaid Principal Balance	1,569	1,934
Loans held for investment, Net Unrealized Loss	$ (173)	$ (60)

Fair Value of Financial Instr_4

Fair Value of Financial Instruments - Corporations assets measured at fair value on a recurring basis (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Jun. 30, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans held for investment, at fair value	$ 1,396	$ 1,874
Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities - available for sale	2,676	3,587
Loans held for investment, at fair value	1,396	1,874
Interest-only strips	7	10
Total assets	4,079	5,471
Liabilities	0	0
Total liabilities	0	0
Recurring \| U.S. government agency MBS
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities - available for sale	1,698	2,222
Recurring \| U.S. government sponsored enterprise MBS
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities - available for sale	865	1,211
Recurring \| Private issue CMO
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities - available for sale	113	154
Recurring \| Fair Value, Inputs, Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities - available for sale	0	0
Loans held for investment, at fair value	0	0
Interest-only strips	0	0
Total assets	0	0
Liabilities	0	0
Total liabilities	0	0
Recurring \| Fair Value, Inputs, Level 1 \| U.S. government agency MBS
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities - available for sale	0	0
Recurring \| Fair Value, Inputs, Level 1 \| U.S. government sponsored enterprise MBS
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities - available for sale	0	0
Recurring \| Fair Value, Inputs, Level 1 \| Private issue CMO
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities - available for sale	0	0
Recurring \| Fair Value, Inputs, Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities - available for sale	2,563	3,433
Loans held for investment, at fair value	0	0
Interest-only strips	0	0
Total assets	2,563	3,433
Liabilities	0	0
Total liabilities	0	0
Recurring \| Fair Value, Inputs, Level 2 \| U.S. government agency MBS
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities - available for sale	1,698	2,222
Recurring \| Fair Value, Inputs, Level 2 \| U.S. government sponsored enterprise MBS
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities - available for sale	865	1,211
Recurring \| Fair Value, Inputs, Level 2 \| Private issue CMO
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities - available for sale	0	0
Recurring \| Fair Value, Inputs, Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities - available for sale	113	154
Loans held for investment, at fair value	1,396	1,874
Interest-only strips	7	10
Total assets	1,516	2,038
Liabilities	0	0
Total liabilities	0	0
Recurring \| Fair Value, Inputs, Level 3 \| U.S. government agency MBS
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities - available for sale	0	0
Recurring \| Fair Value, Inputs, Level 3 \| U.S. government sponsored enterprise MBS
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities - available for sale	0	0
Recurring \| Fair Value, Inputs, Level 3 \| Private issue CMO
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities - available for sale	$ 113	$ 154

Fair Value of Financial Instr_5

Fair Value of Financial Instruments - Schedule of Reconciliation of Beginning and Ending Balances of Recurring Fair Value Measurements Using Level 3 Inputs (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Revenue from Contract with Customer, Including Assessed Tax	Revenue from Contract with Customer, Including Assessed Tax
Fair Value, Liability, Recurring Basis, Unobservable Input Reconciliation, Liability, Gain (Loss), Statement of Other Comprehensive Income or Comprehensive Income [Extensible Enumeration]	Other Comprehensive Income (Loss), Securities, Available-for-sale, Adjustment, before Tax	Other Comprehensive Income (Loss), Securities, Available-for-sale, Adjustment, before Tax
Fair Value, Inputs, Level 3
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	$ 2,038	$ 2,469
Total gains or losses (realized/unrealized) Included in earnings	(113)	51
Total gains or losses (realized/unrealized) Included in other comprehensive income (loss)	(10)	5
Purchases	0	0
Issuances	0	0
Settlements	(399)	(487)
Transfers in and/or out of Level 3	0	0
Ending balance	1,516	2,038
Private issue CMO \| Fair Value, Inputs, Level 3
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	154	197
Total gains or losses (realized/unrealized) Included in earnings	0	0
Total gains or losses (realized/unrealized) Included in other comprehensive income (loss)	(7)	9
Purchases	0	0
Issuances	0	0
Settlements	(34)	(52)
Transfers in and/or out of Level 3	0	0
Ending balance	113	154
Loans Held For Investment, at Fair Value [Member] \| Fair Value, Inputs, Level 3
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	1,874	2,258
Total gains or losses (realized/unrealized) Included in earnings	(113)	51
Total gains or losses (realized/unrealized) Included in other comprehensive income (loss)	0	0
Purchases	0	0
Issuances	0	0
Settlements	(365)	(435)
Transfers in and/or out of Level 3	0	0
Ending balance	1,396	1,874
Interest-Only Strips \| Fair Value, Inputs, Level 3
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	10	14
Total gains or losses (realized/unrealized) Included in earnings	0	0
Total gains or losses (realized/unrealized) Included in other comprehensive income (loss)	(3)	(4)
Purchases	0	0
Issuances	0	0
Settlements	0	0
Transfers in and/or out of Level 3	0	0
Ending balance	$ 7	$ 10

Fair Value of Financial Instr_6

Fair Value of Financial Instruments - Corporations assets measured at fair value at the dates indicated on a nonrecurring basis (Details) - Nonrecurring - USD ($) $ in Thousands	Jun. 30, 2022	Jun. 30, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Non-performing loans	$ 1,423	$ 8,646
Mortgage servicing assets	168	208
Total assets	1,591	8,854
Fair Value, Inputs, Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Non-performing loans	0	0
Mortgage servicing assets	0	0
Total assets	0	0
Fair Value, Inputs, Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Non-performing loans	515	899
Mortgage servicing assets	0
Total assets	515	899
Fair Value, Inputs, Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Non-performing loans	908	7,747
Mortgage servicing assets	168	208
Total assets	$ 1,076	$ 7,955

Fair Value of Financial Instr_7

Fair Value of Financial Instruments - Valuation techniques and inputs used (Details) $ in Thousands	12 Months Ended
	Jun. 30, 2022 USD ($)
Private issue CMO \| Market comparable pricing \| Comparability adjustment
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Fair Value Measurement Input	0.96%
Fair Value, Inputs, Level 3 \| Private issue CMO
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	$ 113
Fair Value, Inputs, Level 3 \| Private issue CMO \| Market comparable pricing \| Comparability adjustment
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impact to valuation from an increase in inputs on assets	Increase
Fair Value, Inputs, Level 3 \| Loans Held For Investment, at Fair Value [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	$ 1,396
Fair Value, Inputs, Level 3 \| Loans Held For Investment, at Fair Value [Member] \| Relative value analysis \| Broker quotes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impact to valuation from an increase in inputs on assets	Increase
Fair Value, Inputs, Level 3 \| Loans Held For Investment, at Fair Value [Member] \| Relative value analysis \| Credit risk factors
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impact to valuation from an increase in inputs on assets	Decrease
Fair Value, Inputs, Level 3 \| Loans Held For Investment, at Fair Value [Member] \| Minimum \| Relative value analysis \| Broker quotes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Fair Value Measurement Input	91.10%
Fair Value, Inputs, Level 3 \| Loans Held For Investment, at Fair Value [Member] \| Minimum \| Relative value analysis \| Credit risk factors
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Fair Value Measurement Input	1.20%
Fair Value, Inputs, Level 3 \| Loans Held For Investment, at Fair Value [Member] \| Maximum \| Relative value analysis \| Broker quotes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Fair Value Measurement Input	98%
Fair Value, Inputs, Level 3 \| Loans Held For Investment, at Fair Value [Member] \| Maximum \| Relative value analysis \| Credit risk factors
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Fair Value Measurement Input	100%
Fair Value, Inputs, Level 3 \| Loans Held For Investment, at Fair Value [Member] \| Weighted Average \| Relative value analysis \| Broker quotes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Fair Value Measurement Input	93.40%
Fair Value, Inputs, Level 3 \| Loans Held For Investment, at Fair Value [Member] \| Weighted Average \| Relative value analysis \| Credit risk factors
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Fair Value Measurement Input	4.60%
Fair Value, Inputs, Level 3 \| Non-performing loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	$ 722
Fair Value, Inputs, Level 3 \| Non-performing loans \| Relative value analysis
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	$ 186
Fair Value, Inputs, Level 3 \| Non-performing loans \| Relative value analysis \| Credit risk factors
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impact to valuation from an increase in inputs on assets	Decrease
Fair Value, Inputs, Level 3 \| Non-performing loans \| Discounted cash flow \| Default rates.
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impact to valuation from an increase in inputs on assets	Decrease
Fair Value, Inputs, Level 3 \| Non-performing loans \| Minimum \| Relative value analysis \| Credit risk factors
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Fair Value Measurement Input	20%
Fair Value, Inputs, Level 3 \| Non-performing loans \| Minimum \| Discounted cash flow \| Discount rate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Fair Value Measurement Input	5%
Fair Value, Inputs, Level 3 \| Mortgage servicing assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	$ 168
Fair Value, Inputs, Level 3 \| Mortgage servicing assets \| Prepayment speed (CPR)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impact to valuation from an increase in inputs on assets	Decrease
Fair Value, Inputs, Level 3 \| Mortgage servicing assets \| Discount rate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impact to valuation from an increase in inputs on assets	Decrease
Fair Value, Inputs, Level 3 \| Mortgage servicing assets \| Minimum \| Discounted cash flow \| Prepayment speed (CPR)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Fair Value Measurement Input	4.80%
Fair Value, Inputs, Level 3 \| Mortgage servicing assets \| Minimum \| Discounted cash flow \| Discount rate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Fair Value Measurement Input	9%
Fair Value, Inputs, Level 3 \| Mortgage servicing assets \| Maximum \| Discounted cash flow \| Prepayment speed (CPR)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Fair Value Measurement Input	60%
Fair Value, Inputs, Level 3 \| Mortgage servicing assets \| Maximum \| Discounted cash flow \| Discount rate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Fair Value Measurement Input	10.50%
Fair Value, Inputs, Level 3 \| Mortgage servicing assets \| Weighted Average \| Discounted cash flow \| Prepayment speed (CPR)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Fair Value Measurement Input	10.90%
Fair Value, Inputs, Level 3 \| Mortgage servicing assets \| Weighted Average \| Discounted cash flow \| Discount rate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Fair Value Measurement Input	9%
Fair Value, Inputs, Level 3 \| Interest-Only Strips
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	$ 7
Fair Value, Inputs, Level 3 \| Interest-Only Strips \| Prepayment speed (CPR)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impact to valuation from an increase in inputs on assets	Decrease
Fair Value, Inputs, Level 3 \| Interest-Only Strips \| Discount rate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impact to valuation from an increase in inputs on assets	Decrease
Fair Value, Inputs, Level 3 \| Interest-Only Strips \| Discounted cash flow \| Discount rate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Fair Value Measurement Input	9%
Fair Value, Inputs, Level 3 \| Interest-Only Strips \| Minimum \| Discounted cash flow \| Prepayment speed (CPR)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Fair Value Measurement Input	9.50%
Fair Value, Inputs, Level 3 \| Interest-Only Strips \| Maximum \| Discounted cash flow \| Prepayment speed (CPR)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Fair Value Measurement Input	32%
Fair Value, Inputs, Level 3 \| Interest-Only Strips \| Weighted Average \| Discounted cash flow \| Prepayment speed (CPR)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Fair Value Measurement Input	30.60%

Fair Value of Financial Instr_8

Fair Value of Financial Instruments - Carrying amount and fair value of the Corporations other financial instruments (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Jun. 30, 2021
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investment securities - held to maturity, at cost	$ 185,745	$ 223,306
Investment securities - held to maturity	185,745	223,306
Fair Value, Inputs, Level 1
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Loans held for investment, not recorded at fair value	0	0
Investment securities - held to maturity	0	0
FHLB - San Francisco stock	0	0
Deposits	0	0
Borrowings	0	0
Fair Value, Inputs, Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Loans held for investment, not recorded at fair value	0	0
Investment securities - held to maturity	171,724	224,721
FHLB - San Francisco stock	8,239	8,155
Deposits	0	0
Borrowings	0	0
Fair Value, Inputs, Level 3
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Loans held for investment, not recorded at fair value	892,339	848,727
Investment securities - held to maturity	0	0
FHLB - San Francisco stock	0	0
Deposits	917,220	904,673
Borrowings	84,299	104,526
Amount
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Loans held for investment, not recorded at fair value	938,596	849,086
Investment securities - held to maturity	185,745	223,306
FHLB - San Francisco stock	8,239	8,155
Deposits	955,504	937,973
Borrowings	85,000	100,983
Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Loans held for investment, not recorded at fair value	892,339	848,727
Investment securities - held to maturity	171,724	224,721
FHLB - San Francisco stock	8,239	8,155
Deposits	917,220	904,673
Borrowings	$ 84,299	$ 104,526

Revenue From Contracts With C_3

Revenue From Contracts With Customers (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Loan servicing and other fees	$ 1,056	$ 1,170
Other	719	551
Total non-interest income	4,716	4,573
Deposit account fees
Revenue within the scope of ASC 606	1,302	1,247
Card and processing fees
Revenue within the scope of ASC 606	1,639	1,605
BOLI
Other	188	191
Gain (Loss) on Sale of Loans and Leases	$ 40	$ 103

Holding Company Condensed Fin_3

Holding Company Condensed Financial Information - Financial Condition (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Assets
Cash and cash equivalents	$ 23,414	$ 70,270
Assets	1,187,038	1,183,596
Liabilities and Stockholders' Equity
Stockholders' equity	128,650	127,280	$ 123,976
Liabilities and Stockholders' Equity	1,187,038	1,183,596
Provident Financial Holding
Assets
Cash and cash equivalents	3,751	5,576	$ 6,842
Investment in subsidiary	124,875	121,696
Other assets	61	60
Assets	128,687	127,332
Liabilities and Stockholders' Equity
Other liabilities	37	52
Stockholders' equity	128,650	127,280
Liabilities and Stockholders' Equity	$ 128,687	$ 127,332

Holding Company Condensed Fin_4

Holding Company Condensed Financial Information - Operations (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Condensed Financial Statements, Captions
Income tax benefit	$ (3,765)	$ (2,626)
Net income	9,093	7,561
Provident Financial Holding
Condensed Financial Statements, Captions
Dividend from the Bank	7,500	5,000
Interest and other income	3	5
Total income	7,503	5,005
General and administrative expenses	1,219	1,117
Earnings before income taxes and equity in undistributed earnings of the Bank	6,284	3,888
Income tax benefit	(358)	(328)
Earnings before equity in undistributed earnings of the Bank	6,642	4,216
Equity in undistributed earnings of the Bank	2,451	3,345
Net income	$ 9,093	$ 7,561

Holding Company Condensed Fin_5

Holding Company Condensed Financial Information - Cashflows (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Cash flows from operating activities:
Net income	$ 9,093	$ 7,561
Net cash provided by operating activities	11,793	11,573
Cash flows from financing activities:
Proceeds from exercise of stock options		981
Treasury stock purchases	(4,305)	(2,336)
Cash dividends	(4,146)	(4,173)
Net cash used for financing activities	(6,903)	(1,465)
Net decrease in cash during the year	(46,856)	(45,764)
Cash and cash equivalents at beginning of year	70,270
Cash and cash equivalents at end of year	23,414	70,270
Provident Financial Holding
Cash flows from operating activities:
Net income	9,093	7,561
Equity in undistributed earnings of the Bank	(2,451)	(3,345)
(Increase) decrease in other assets	(1)	48
Decrease in other liabilities	(15)	(2)
Net cash provided by operating activities	6,626	4,262
Cash flows from financing activities:
Proceeds from exercise of stock options	0	981
Treasury stock purchases	(4,305)	(2,336)
Cash dividends	(4,146)	(4,173)
Net cash used for financing activities	(8,451)	(5,528)
Net decrease in cash during the year	(1,825)	(1,266)
Cash and cash equivalents at beginning of year	5,576	6,842
Cash and cash equivalents at end of year	$ 3,751	$ 5,576

Government Assistance (Details)

Government Assistance (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
Government Assistance (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Jun. 30, 2021	Jun. 30, 2021	Jun. 30, 2022
Government Assistance
Maximum employee retention tax credit per eligible employee			$ 7,000
Percentage of qualified wages for computing credit			70%
Maximum qualified wages for computing credit			$ 10,000
Maximum average full-time employees for eligibility of credit			500
Employee retention tax credit recognized	$ 1,200	$ 2,400
Outstanding ERTC		$ 2,400	$ 2,400	$ 3,600

Subsequent Event (Details)

Subsequent Event (Details) - Subsequent event.	Jul. 28, 2022 $ / shares
Subsequent Event [Line Items]
Dividends declared date	Jul. 28, 2022
Quarterly cash dividend declared, common stock	$ 0.14
Dividend, date of record	Aug. 18, 2022
Dividends payable, date	Sep. 08, 2022