Provident Financial (PROV) 10-Q8 Nov 232024 Q1 Quarterly reportFinancial data

Company Profile

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
Document and Entity Information - shares	Sep. 30, 2023	Oct. 31, 2023
Document and Entity Information
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2023
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(g) Security	Common stock, par value $0.01 per share
Trading Symbol	PROV
Security Exchange Name	NASDAQ
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
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		6,985,926
Entity Central Index Key	0001010470
Current Fiscal Year End Date	--06-30
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q1
Amendment Flag	false

Condensed Consolidated Statemen

Condensed Consolidated Statements of Financial Condition - USD ($) $ in Thousands	Sep. 30, 2023	Jun. 30, 2023
Assets
Cash and cash equivalents	$ 57,978	$ 65,849
Investment securities - held to maturity, at cost with no allowance for credit losses	147,574	154,337
Investment securities - available for sale, at fair value with no allowance for credit losses	2,090	2,155
Loans held for investment, net of allowance for credit losses of $7,679 and $5,946, respectively; includes $1,061 and $1,312 of loans held at fair value, respectively; $861.4 million and $967.6 million pledged to FHLB - San Francisco, respectively; $106.6 million and $0 pledged to FRB - San Francisco, respectively;	1,072,170
Loans held for investment, net of allowance for credit losses of $7,679 and $5,946, respectively; includes $1,061 and $1,312 of loans held at fair value, respectively; $861.4 million and $967.6 million pledged to Federal Home Loan Bank ("FHLB") - San Francisco, respectively; $106.6 million and $0 pledged to Federal Reserve Bank ("FRB") - San Francisco, respectively		1,077,629
Accrued interest receivable	3,952	3,711
FHLB - San Francisco stock	9,505	9,505
Premises and equipment, net	9,426	9,231
Prepaid expenses and other assets	10,420	10,531
Total assets	1,313,115	1,332,948
Liabilities:
Noninterest-bearing deposits	105,944	103,007
Interest-bearing deposits	825,187	847,564
Total deposits	931,131	950,571
Borrowings	235,009	235,009
Accounts payable, accrued interest and other liabilities	17,770	17,681
Total liabilities	1,183,910	1,203,261
Commitments and Contingencies
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 and 40,000,000 shares authorized; 18,229,615 and 18,229,615 shares issued respectively; 7,007,058 and 7,043,170 outstanding, respectively)	183	183
Additional paid-in capital	99,554	99,505
Retained earnings	207,231	207,274
Treasury stock at cost (11,222,557 and 11,186,445 shares, respectively)	(177,732)	(177,237)
Accumulated other comprehensive loss, net of tax	(31)	(38)
Total stockholders' equity	129,205	129,687
Total liabilities and stockholders' equity	$ 1,313,115	$ 1,332,948

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Financial Condition (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2023	Jun. 30, 2023
Investment securities - held to maturity, allowance for credit losses	$ 0	$ 0
Investment securities - available for sale, allowance for credit losses	0	0
Allowance for credit losses on loans held for investment (in dollars)	7,679	5,946
Allowance for credit losses on loans held for investment (in dollars)		5,946
Loans held for investment fair value (in dollars)	1,061	1,312
Collateral pledged on Federal Home Loan Bank advances	$ 861,400	$ 967,600
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	7,007,058	7,043,170
Treasury stock shares	11,222,557	11,186,445
Pledged as Collateral \| Pledged to FRB
Loans held for investment fair value (in dollars)	$ 106,600	$ 0

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Interest income:
Loans receivable, net	$ 12,176	$ 9,100
Investment securities	524	536
FHLB - San Francisco stock	179	123
Interest-earning deposits	463	139
Total interest income	13,342	9,898
Interest expense:
Checking and money market deposits	57	60
Savings deposits	38	44
Time deposits	1,790	213
Borrowings	2,318	616
Total interest expense	4,203	933
Net interest income	9,139	8,965
Provision for credit losses	545
Provision for credit losses		70
Net interest income, after provision for credit losses	8,594	8,895
Non-interest income:
Loan Servicing and other fees	(21)	108
Other	131	171
Total non-interest income	751	1,003
Non-interest expense:
Salaries and employee benefits	4,114	4,139
Premises and occupancy	903	861
Equipment expense	287	311
Professional expense	472	592
Sales and marketing expense	168	147
Deposit insurance premium and regulatory assessments	197	135
Other	715	756
Total non-interest expense	6,856	6,941
Income before income taxes	2,489	2,957
Provision for income taxes	727	867
Net income	$ 1,762	$ 2,090
Basic earnings per share	$ 0.25	$ 0.29
Diluted earnings per share	$ 0.25	$ 0.29
Deposit account fees
Non-interest income:
Total non-interest income	$ 288	$ 343
Card and processing fees
Non-interest income:
Total non-interest income	$ 353	$ 381

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Condensed Consolidated Statements of Comprehensive Income
Net Income (Loss)	$ 1,762	$ 2,090
Change in unrealized holding income (losses) on securities available for sale and interest-only strips	10	(27)
Other comprehensive income (loss), before income tax expense (benefit)	10	(27)
Income tax expense (benefit)	3	(8)
Other comprehensive income (loss)	7	(19)
Total comprehensive income	$ 1,769	$ 2,071

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands	Common Stock	Additional Paid-In Capital	Retained Earnings Impact to allowance after ASC 326 adoption	Retained Earnings	Treasury Stock	Accumulated Other Comprehensive Income (Loss), Net of Tax	Impact to allowance after ASC 326 adoption	Total
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
Increase (Decrease) in Stockholders' Equity
Net Income (Loss)				2,090				2,090
Other comprehensive income (loss)						(19)		(19)
Purchase of treasury stock					(724)			(724)
Purchase of treasury stock (in shares)	(49,624)
Awards of restricted stock		(479)			479
Amortization of restricted stock		197						197
Stock options expense		15						15
Cash dividends				(1,020)				(1,020)
Balance at Sep. 30, 2022	$ 183	98,559		203,750	(173,286)	(17)		129,189
Balance (in shares) at Sep. 30, 2022	7,235,560
Balance (ASU 2016-13) at Jun. 30, 2023			$ (824)				$ (824)
Balance at Jun. 30, 2023	$ 183	99,505		207,274	(177,237)	(38)		$ 129,687
Balance (in shares) at Jun. 30, 2023	7,043,170							7,043,170
Increase (Decrease) in Stockholders' Equity
Net Income (Loss)				1,762				$ 1,762
Other comprehensive income (loss)						7		7
Purchase of treasury stock					(495)			(495)
Purchase of treasury stock (in shares)	(36,112)
Amortization of restricted stock		43						43
Stock options expense		6						6
Cash dividends				(981)				(981)
Balance at Sep. 30, 2023	$ 183	$ 99,554		$ 207,231	$ (177,732)	$ (31)		$ 129,205
Balance (in shares) at Sep. 30, 2023	7,007,058							7,007,058

Condensed Consolidated Statem_6

Condensed Consolidated Statements of Stockholders' Equity (Parenthetical) - $ / shares	3 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Condensed Consolidated Statements of Stockholders' Equity
Cash dividends per share	$ 0.14	$ 0.14

Condensed Consolidated Statem_7

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Cash flows from operating activities:
Net income	$ 1,762	$ 2,090
Adjustments to reconcile net income to net cash provided by operating activities :
Depreciation and amortization	757	889
Provision for credit losses	545
Provision for credit losses		70
Stock-based compensation	49	212
Provision for deferred income taxes	96	383
Increase (decrease) in accounts payable, accrued interest and other liabilities	64	(1,492)
Decrease in prepaid expenses and other assets	91	110
Net cash provided by operating activities	3,364	2,262
Cash flows from investing activities:
Net decrease (increase) in loans held for investment	3,562	(54,316)
Maturity of investment securities - held to maturity	0	200
Principal payments from investment securities - held to maturity	6,608	9,145
Principal payments from investment securities - available for sale	75	132
Purchase of premises and equipment	(564)	(212)
Net cash provided by (used for) investing activities	9,681	(45,051)
Cash flows from financing activities:
Net (decrease) increase in deposits	(19,440)	29,820
Proceeds from long-term borrowings	25,000	0
Repayments of long-term borrowings	(10,000)	(20,000)
(Repayments of) proceeds from short-term borrowings, net	(15,000)	50,000
Treasury stock purchases	(495)	(724)
Cash dividends	(981)	(1,020)
Net cash (used for) provided by financing activities	(20,916)	58,076
Net (decrease) increase in cash and cash equivalents	(7,871)	15,287
Cash and cash equivalents at beginning of period	65,849	23,414
Cash and cash equivalents at end of period	57,978	38,701
Supplemental information:
Cash paid for interest	$ 3,808	$ 835

Basis of Presentation

Basis of Presentation	3 Months Ended
Basis of Presentation	Sep. 30, 2023
Basis of Presentation
Basis of Presentation	Note 1: Basis of Presentation The unaudited interim condensed consolidated financial statements included herein reflect all adjustments which are, in the opinion of management, necessary to present a fair statement of the results of operations for the interim periods presented. All such adjustments are of a normal, recurring nature. The condensed consolidated statement of financial condition at June 30, 2023 is derived from the audited consolidated financial statements of Provident Financial Holdings, Inc. and its wholly-owned subsidiary, Provident Savings Bank, F.S.B. (the "Bank") (collectively, the "Corporation"). Certain information and note disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America ("GAAP") have been omitted pursuant to the rules and regulations of the United States Securities and Exchange Commission ("SEC") with respect to interim financial reporting. It is recommended that these unaudited interim condensed consolidated financial statements be read in conjunction with the audited consolidated financial statements and notes thereto included in the Corporation’s Annual Report on Form 10-K for the fiscal year ended June 30, 2023 (“2023 Annual Form 10-K”). The results of operations for the quarter ended September 30, 2023 are not necessarily indicative of results that may be expected for the entire fiscal year ending June 30, 2024.

Accounting Standard Updates ("A

Accounting Standard Updates ("ASU")	3 Months Ended
Accounting Standard Updates ("ASU")	Sep. 30, 2023
Accounting Standard Updates ("ASU")
Accounting Standard Updates ("ASU")	Note 2: Accounting Standard Updates (“ASU”) ASU 2020-04: In March 2020, the Financial Accounting Standards Board (“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 the London Interbank Offered Rate (“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 remeasurement or reassessment of a previous accounting determination. In January 2021, ASU 2021-01 clarified 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”). In December 2022, the FASB issued ASU 2022-06, Deferral of the Sunset Date of Topic 848. The FASB had originally included a sunset provision within Topic 848 based on expectations of when the LIBOR would cease being published. In March 2021, it was announced that the intended cessation date of LIBOR was extended to June 30, 2023. As a result, the FASB issued ASU 2022-06 deferring the sunset date of Topic 848 from March 31, 2023 to December 31, 2024. This ASU is effective for all entities as of March 12, 2020 through December 31, 2024. As of June 30, 2023, the Corporation had approximately $469.4 million in loans held for investment with LIBOR indices. Beginning July 1, 2023, the Corporation started to transition these loans to Secured Overnight Financing Rate (“SOFR”) indices or other rate indices in accordance with the government agency guidelines. As of September 30, 2023, all loans held for investment with LIBOR indices had been transitioned to SOFR or other rate indices. The Corporation determined that the impact of the adoption of this ASU did not have a material impact to its consolidated financial statements. 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. On July 1, 2023, the Corporation adopted this ASU that replaced the incurred loss methodology with the current expected credit loss (“CECL”) methodology. CECL requires an estimate of credit losses for the remaining estimated life of the financial asset using historical experience, current conditions, and reasonable and supportable forecasts and applies to financial assets measured at amortized cost, including loans held for investment and held-to-maturity investment securities, and some off-balance sheet credit exposures such as unfunded commitments to extend credit. Financial assets measured at amortized cost will be presented at the net amount expected to be collected by using an allowance for credit losses (“ACL”). In addition, CECL made changes to the accounting for available for sale investment securities. One such change is to require credit losses to be presented as an allowance rather than as a write-down on available for sale debt securities if management does not intend to sell and does not believe that it is more likely than not, they will be required to sell. The Corporation adopted ASC 326, “Financial Instruments – Credit Losses,” and all related subsequent amendments using the prospective transition approach for all financial assets measured at amortized cost and off-balance sheet credit exposures. The transition adjustment of the adoption of CECL included an $1.2 million increase in the ACL, which is presented as a reduction to net loans held for investment. The Corporation recorded a net decrease to retained earnings of $824,000 as of July 1, 2023 for the cumulative effect of adopting CECL, which reflects the transition adjustments noted above, net of the applicable deferred tax assets recorded. Results for reporting periods beginning after July 1, 2023 are presented under CECL while prior period amounts continue to be reported in accordance with previously applicable accounting standards. The Corporation adopted ASC 326 using the prospective transition approach for debt securities for which other-than-temporary impairment had been recognized prior to July 1, 2023. As of June 30, 2023, the Corporation did not have any other-than-temporary impaired investment securities. Therefore, upon adoption of ASC 326, the Corporation determined that an ACL on available for sale securities was not deemed necessary. The following table illustrates the impact on the ACL from the adoption of ASC 326: Allowance for Allowance Impact to credit losses before adoption allowance after ASC under ASC 326 of ASC 326 326 adoption (In Thousands) (07/01/2023) (06/30/2023) (07/01/2023) Assets: Mortgage loans: Single-family $ 6,325 $ 1,720 $ 4,605 Multi-family 656 3,270 (2,614) Commercial real estate 82 868 (786) Construction 62 15 47 Other 5 2 3 Commercial business loans 13 67 (54) Consumer loans — 4 (4) ACL on loans $ 7,143 $ 5,946 $ 1,197 Liabilities: Unfunded loan commitment reserve $ 42 $ 42 $ — In March 2022, FASB issued ASU 2022-02, “Financial Instruments-Credit Losses (Topic 326) Troubled Debt Restructurings and Vintage Disclosures.” This ASU provides new guidance on the treatment of troubled debt restructurings in relation to the adoption of the CECL model for the accounting for credit losses (see note above regarding ASU 2016-13). Previous accounting guidance related to troubled debt restructurings (“TDRs”) is eliminated and new disclosure requirements are adopted in regards to loan refinancing and restructurings made to borrowers experiencing financial difficulties under the assumption that the CECL model will capture credit losses related to TDRs. These required disclosures regarding gross write-offs for financing receivables by year of origination and loan modifications are also included in this ASU. The Corporation will no longer report TDRs or classify loans as TDRs given those previously recognized as TDRs have been incorporated into the CECL methodology in regard to loan loss reserves as of July 1, 2023.

Earnings Per Share

Earnings Per Share	3 Months Ended
Earnings Per Share	Sep. 30, 2023
Earnings Per Share
Earnings Per Share	Note 3: 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 September 30, 2023 and 2022, there were outstanding stock options to purchase 434,500 shares and 461,000 shares of the Corporation’s common stock, respectively. As of September 30, 2023 and 2022, all outstanding stock options were excluded from the diluted EPS computation as their effect was anti-dilutive. As of September 30, 2023 and 2022, there were outstanding restricted stock awards of 51,000 shares and 147,750 shares, respectively. The following table provides the basic and diluted EPS computations for the quarters ended September 30, 2023 and 2022, respectively. For the Quarter Ended September 30, (In Thousands, Except Earnings Per Share) 2023 2022 Numerator: Net income – numerator for basic earnings per share and diluted earnings per share - available to common stockholders $ 1,762 $ 2,090 Denominator: Denominator for basic earnings per share: Weighted-average shares 7,017 7,273 Effect of dilutive shares: Stock options — — Restricted stock 10 37 Denominator for diluted earnings per share: Adjusted weighted-average shares and assumed conversions 7,027 7,310 Basic earnings per share $ 0.25 $ 0.29 Diluted earnings per share $ 0.25 $ 0.29

Investment Securities

Investment Securities	3 Months Ended
Investment Securities	Sep. 30, 2023
Investment Securities
Investment Securities	Note 4: Investment Securities The amortized cost and estimated fair value of investment securities as of September 30, 2023 and June 30, 2023 were as follows: Gross Gross Estimated Amortized Unrealized Unrealized Fair Carrying September 30, 2023 Cost Gains (Losses) Value Value (In Thousands) Held to maturity U.S. government sponsored enterprise MBS (1) $ 143,070 $ 1 $ (20,376) $ 122,695 $ 143,070 U.S. government sponsored enterprise CMO (2) 3,870 — (347) 3,523 3,870 U.S. SBA securities (3) 634 — (1) 633 634 Total investment securities - held to maturity 147,574 1 (20,724) 126,851 147,574 Available for sale U.S. government agency MBS 1,379 — (39) 1,340 1,340 U.S. government sponsored enterprise MBS 662 — (10) 652 652 Private issue CMO 101 — (3) 98 98 Total investment securities - available for sale 2,142 — (52) 2,090 2,090 Total investment securities $ 149,716 $ 1 $ (20,776) $ 128,941 $ 149,664 (1) (2) (3) Gross Gross Estimated Amortized Unrealized Unrealized Fair Carrying June 30, 2023 Cost Gains (Losses) Value Value (In Thousands) Held to maturity U.S. government sponsored enterprise MBS $ 149,803 $ — $ (18,459) $ 131,344 $ 149,803 U.S. government sponsored enterprise CMO 3,883 — (336) 3,547 3,883 U.S. SBA securities 651 — (1) 650 651 Total investment securities - held to maturity 154,337 — (18,796) 135,541 154,337 Available for sale U.S. government agency MBS 1,417 — (47) 1,370 1,370 U.S. government sponsored enterprise MBS 697 — (14) 683 683 Private issue CMO 103 — (1) 102 102 Total investment securities - available for sale 2,217 — (62) 2,155 2,155 Total investment securities $ 156,554 $ — $ (18,858) $ 137,696 $ 156,492 In the first quarters of fiscal 2024 and 2023, the Corporation received MBS principal payments of $6.7 million and $9.3 million, respectively, and there were no purchases or sales of investment securities during these periods. The Corporation held investments with an unrealized loss position of $20.8 million at September 30, 2023 and $18.9 million at June 30, 2023. As of September 30, 2023 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 $ 2,237 $ 3 $ 119,202 $ 20,373 $ 121,439 $ 20,376 U.S. government sponsored enterprise CMO — — 3,523 347 3,523 347 U.S. SBA securities — — 633 1 633 1 Total investment securities - held to maturity 2,237 3 123,358 20,721 125,595 20,724 Available for sale U.S government agency MBS — — 1,340 39 1,340 39 U.S. government sponsored enterprise MBS 62 1 558 9 620 10 Private issue CMO — — 98 3 98 3 Total investment securities - available for sale 62 1 1,996 51 2,058 52 Total investment securities $ 2,299 $ 4 125,354 $ 20,772 $ 127,653 $ 20,776 As of June 30, 2023 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 $ 10,839 $ 253 $ 120,506 $ 18,206 $ 131,345 $ 18,459 U.S. government sponsored enterprise CMO — — 3,547 336 3,547 336 U.S. SBA securities 650 1 — — 650 1 Total investment securities - held to maturity 11,489 254 124,053 18,542 135,542 18,796 Available for sale U.S government agency MBS 696 20 673 27 1,369 47 U.S. government sponsored enterprise MBS 87 2 558 12 645 14 Private issue CMO — — 102 1 102 1 Total investment securities - available for sale 783 22 1,333 40 2,116 62 Total investment securities $ 12,272 $ 276 $ 125,386 $ 18,582 $ 137,658 $ 18,858 The Corporation adopted ASC 326 on July 1, 2023. The Corporation evaluates individual investment securities quarterly for impairment. At September 30, 2023, predominately all of the $20.8 million of unrealized holding losses were in a loss position for 12 months or more; while at June 30, 2023, $18.6 million of the $18.9 million of unrealized holding losses were in a loss position for 12 months or more. The unrealized losses on investment securities were attributable to changes in interest rates relative to when the investment securities were purchased and not due to the credit quality of the investment securities, which are predominately U.S. government sponsored enterprise (GSE) securities that are either explicitly or implicitly guaranteed by the U.S. government and have a long history of no credit losses. Therefore, the Corporation has determined that the unrealized losses are due to the fluctuating nature of interest rates, and not related to credit risks. As a part of the Corporation’s monthly risk assessment, the Corporation runs a number of stressed liquidity scenarios. These liquidity scenarios support the Corporation’s assessment that the Corporation has the ability to hold these securities until maturity and does not need to liquidate these investment securities in order to maintain adequate liquidity. As a result, no ACL on investment securities was recorded at adoption and at September 30, 2023. In order to maintain adequate liquidity, the Bank has established borrowing facilities with various counterparties. The Bank had a remaining borrowing capacity of $286.9 million as of September 30, 2023 at the FHLB of San Francisco. In addition, the Bank has secured an estimated $185.3 million discount window facility at the FRB of San Francisco collateralized by investment securities with total balance of $143.6 million and loans with total balance of $106.6 million as of September 30, 2023. As of September 30, 2023, the Bank also has a borrowing arrangement in the form of a federal funds facility with its correspondent bank for $50.0 million. The Bank had no advances under the Federal Reserve discount window or correspondent bank facility as of September 30, 2023. At June 30, 2023, the Bank had a remaining borrowing capacity of $287.9 million at the FHLB of San Francisco. In addition, the Bank had secured an estimated $139.0 million discount window facility at the FRB of San Francisco collateralized by investment securities with a June 30, 2023 total balance of $150.3 million. As of June 30, 2023, the Bank also had a borrowing arrangement in the form of a federal funds facility with its correspondent bank for $50.0 million. The Bank had no advances under the Federal Reserve discount window or correspondent bank facility as of June 30, 2023. At September 30, 2023 and 2022, the Corporation did not hold any investment securities with the intent to sell and determined it had the ability to hold these investment securities until maturity. It also determined that it was more likely than not that the Corporation would not be required to sell the securities prior to recovery of the amortized cost basis; therefore, no impairment losses were recorded for the quarters ended September 30, 2023 and 2022. Contractual maturities of investment securities as of September 30, 2023 and June 30, 2023 were as follows: September 30, 2023 June 30, 2023 Estimated Estimated Amortized Fair Amortized Fair (In Thousands) Cost Value Cost Value Held to maturity Due in one year or less $ 101 $ 100 $ 303 $ 300 Due after one through five years 6,861 6,557 7,686 7,365 Due after five through ten years 57,770 51,267 61,043 54,686 Due after ten years 82,842 68,927 85,305 73,190 Total investment securities - held to maturity 147,574 126,851 154,337 135,541 Available for sale Due in one year or less — — — — Due after one through five years — — — — Due after five through ten years 569 560 590 580 Due after ten years 1,573 1,530 1,627 1,575 Total investment securities - available for sale 2,142 2,090 2,217 2,155 Total investment securities $ 149,716 $ 128,941 $ 156,554 $ 137,696

Loans Held for Investment

Loans Held for Investment	3 Months Ended
Loans Held for Investment	Sep. 30, 2023
Loans Held for Investment
Loans Held for Investment	Note 5: Loans Held for Investment Loans held for investment, net of fair value adjustments, consisted of the following: September 30, June 30, (In Thousands) 2023 2023 Mortgage loans: Single-family $ 521,576 $ 518,821 Multi-family 457,351 461,113 Commercial real estate 87,954 90,558 Construction 2,100 1,936 Other 104 106 Commercial business loans 1,321 1,565 Consumer loans 62 65 Total loans held for investment, gross 1,070,468 1,074,164 Advance payments of escrows 125 148 Deferred loan costs, net 9,256 9,263 ACL on loans (7,679) (5,946) Total loans held for investment, net $ 1,072,170 $ 1,077,629 The following table sets forth information at September 30, 2023 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 percent of loans held for investment at both September 30, 2023 and June 30, 2023. Adjustable rate loans having no stated repricing dates that reprice when the index 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 $ 55,866 $ 25,584 $ 78,271 $ 249,761 $ 112,094 $ 521,576 Multi-family 160,821 153,088 111,204 32,119 119 457,351 Commercial real estate 38,446 13,573 34,666 — 1,269 87,954 Construction 2,100 — — — — 2,100 Other — — — — 104 104 Commercial business loans 1,321 — — — — 1,321 Consumer loans 62 — — — — 62 Total loans held for investment, gross $ 258,616 $ 192,245 $ 224,141 $ 281,880 $ 113,586 $ 1,070,468 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 ACL. 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. The collectively evaluated allowance is based on a pooling method for groups of homogeneous loans sharing similar loan characteristics to calculate an allowance which reflects an estimate of lifetime expected credit losses using historical experience, current conditions, and reasonable and supportable forecasts. The individually evaluated allowance is allocated to loans identified for evaluation and is calculated based upon the appraised value of the collateral, less selling costs or discounted cash flow with an appropriate default factor. 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, but still acceptable, credit risk. The likelihood of loss is considered remote. ● Special Mention - A special mention loan 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 institution is not warranted. The following table presents the Corporation’s recorded investment in loans by risk categories by year of origination as of September 30, 2023: September 30, 2023 Term Loans by Year of Origination Revolving (In Thousands) 2023 2022 2021 2020 2019 Prior Loans Total Mortgage loans: Single-family: Pass $ 61,583 $ 213,223 $ 156,078 $ 20,591 $ 11,729 $ 56,862 $ 29 $ 520,095 Special Mention - - - - - 73 - 73 Substandard - - - 250 - 1,158 - 1,408 Total single-family 61,583 213,223 156,078 20,841 11,729 58,093 29 521,576 Current period gross charge-off $ - $ - $ - $ - $ - $ - $ - $ - Multi-family: Pass 22,501 77,566 90,408 63,897 58,850 143,622 - 456,844 Special Mention - - 507 - - - - 507 Substandard - - - - - - - - Total multi-family 22,501 77,566 90,915 63,897 58,850 143,622 - 457,351 Current period gross charge-off $ - $ - $ - $ - $ - $ - $ - $ - Commercial real estate: Pass 9,407 23,690 5,489 6,486 9,916 32,420 - 87,408 Special Mention - - - - - - - - Substandard - - - - - 546 - 546 Total commercial real estate 9,407 23,690 5,489 6,486 9,916 32,966 - 87,954 Current period gross charge-off $ - $ - $ - $ - $ - $ - $ - $ - Construction: Pass 160 438 1,502 - - - - 2,100 Special Mention - - - - - - - - Substandard - - - - - - - - Total construction 160 438 1,502 - - - - 2,100 Current period gross charge-off $ - $ - $ - $ - $ - $ - $ - $ - Other: Pass - - - 104 - - - 104 Special Mention - - - - - - - - Substandard - - - - - - - - Total other - - - 104 - - - 104 Current period gross charge-off $ - $ - $ - $ - $ - $ - $ - $ - Commercial business loans: Pass - 161 - - - - 1,160 1,321 Special Mention - - - - - - - - Substandard - - - - - - - - Total commercial business loans - 161 - - - - 1,160 1,321 Current period gross charge-off $ - $ - $ - $ - $ - $ - $ - $ - Consumer loans: Not graded 17 - - - - - - 17 Pass - - - - - - 45 45 Special Mention - - - - - - - - Substandard - - - - - - - - Total consumer loans 17 - - - - - 45 62 Current period gross charge-off $ - $ - $ - $ - $ - $ - $ - $ - Total loans held for investment, gross $ 93,668 $ 315,078 $ 253,984 $ 91,328 $ 80,495 $ 234,681 $ 1,234 $ 1,070,468 Total current period charge-offs $ — $ — $ — $ — $ — $ — $ — $ — The following table presents the Corporation’s recorded investment in loans by risk categories by year of origination as of June 30, 2023: June 30, 2023 Term Loans by Year of Origination Revolving (In Thousands) 2023 2022 2021 2020 2019 Prior Loans Total Mortgage loans: Single-family: Pass $ 51,378 $ 216,989 $ 157,015 $ 20,741 $ 11,793 $ 59,451 $ 32 $ 517,399 Special Mention - - - - - - - - Substandard - - - 251 - 1,171 - 1,422 Total single-family 51,378 216,989 157,015 20,992 11,793 60,622 32 518,821 Current period gross charge-off $ - $ - $ - $ - $ - $ - $ - $ - Multi-family: Pass 17,429 77,956 90,926 65,127 59,709 149,456 - 460,603 Special Mention - - 510 - - - - 510 Substandard - - - - - - - - Total multi-family 17,429 77,956 91,436 65,127 59,709 149,456 - 461,113 Current period gross charge-off $ - $ - $ - $ - $ - $ - $ - $ - Commercial real estate: Pass 8,586 23,815 5,527 6,525 9,981 35,577 - 90,011 Special Mention - - - - - - - - Substandard - - - - - 547 - 547 Total commercial real estate 8,586 23,815 5,527 6,525 9,981 36,124 - 90,558 Current period gross charge-off $ - $ - $ - $ - $ - $ - $ - $ - Construction: Pass 94 726 1,116 - - - - 1,936 Special Mention - - - - - - - - Substandard - - - - - - - - Total construction 94 726 1,116 - - - - 1,936 Current period gross charge-off $ - $ - $ - $ - $ - $ - $ - $ - Other: Pass - - - 106 - - - 106 Special Mention - - - - - - - - Substandard - - - - - - - - Total other - - - 106 - - - 106 Current period gross charge-off $ - $ - $ - $ - $ - $ - $ - $ - Commercial business loans: Pass - 171 - - - - 1,394 1,565 Special Mention - - - - - - - - Substandard - - - - - - - - Total commercial business loans - 171 - - - - 1,394 1,565 Current period gross charge-off $ - $ - $ - $ - $ - $ - $ - $ - Consumer loans: Not graded 15 - - - - - - 15 Pass - - - - - - 50 50 Special Mention - - - - - - - - Substandard - - - - - - - - Total consumer loans 15 - - - - - 50 65 Current period gross charge-off $ - $ - $ - $ - $ - $ - $ - $ - Total loans held for investment, gross $ 77,502 $ 319,657 $ 255,094 $ 92,750 $ 81,483 $ 246,202 $ 1,476 $ 1,074,164 Total current period charge-offs $ — $ — $ — $ — $ — $ — $ — $ — As required by ASC 326, , order to group and determine portfolio loan segments with similar risk characteristics. The Corporation primarily utilizes historical loss rates for the CECL calculation based on its own specific historical losses and or with peer loss history where applicable. The expected loss rates are applied to expected monthly loan balances estimated through the consideration of contractual repayment terms and expected prepayments. The prepayment assumptions applied to expected cash flow over the contractual life of the loans are estimated based on historical and bank-specific experience and the consideration of current and expected conditions and circumstances including the level of interest rates. The prepayment assumptions may be updated by management in the event that changing conditions impact management’s estimate or additional historical data gathered has resulted in the need for a reevaluation. For its reasonable and supportable forecasting of current expected credit losses, the Corporation utilizes a regression using forecasted economic metrics and historical loss data. The regression model utilized upon implementation of CECL on July 1, 2023 , Management recognizes that there are additional factors impacting risk of loss in the loan portfolio beyond what is captured in the quantitative portion of reserves on collectively evaluated loans. As current and expected conditions, may ● Changes in the experience, ability, and depth of lending management and other relevant staff. ● Changes in the value of underlying collateral for collateral-dependent loans. ● The existence and effect of any concentrations of credit, and changes in the level of such concentrations. ● Changes in international, national, regional, and local economic and business conditions and developments that affect the collectability of the portfolio, including the condition of various market segments. ● The effect of other external factors such as competition and legal and regulatory requirements on the level of estimated credit losses in the institution's existing portfolio. ● Changes in the volume and severity of past due loans, the volume of non-performing loans, and the volume and severity of adversely classified or graded loans. ● Changes in the quality of the Corporation’s loan review system. ● Changes in the nature and volume of the portfolio and in the terms of loans. ● Changes in lending policies and procedures, including changes in underwriting standards and collection, charge-off, and recovery practices not considered elsewhere in estimating credit losses. The qualitative portion of the Corporation’s reserves on collectively evaluated loans are calculated using management judgement, to determine risk categorizations in each of the Q-factors presented above. The amount of qualitative reserves is also contingent upon the relative weighting of the Q-factors according to management’s judgement. Loans that do not share risk characteristics are evaluated on an individual basis. When management determines that foreclosure is probable and the borrower is experiencing financial difficulty, the expected credit losses are based on the fair value of collateral at the reporting date, less selling costs. Accrued interest receivable for loans is included in the accrued interest receivable line item on the Corporation’s Condensed Consolidated Statements of Financial Condition. The Corporation elected not Pursuant to ASU 2022-02, “Troubled Debt Restructurings and Vintage Disclosures,” the Corporation may agree to different types of modifications, including principal forgiveness, interest rate reductions, term extension, significant payment delay or any combination of modifications noted above. During the quarter ended September 30, 2023, there were no loan modifications to borrowers experiencing financial difficulties. Management believes the ACL on loans held for investment is maintained at a level sufficient to provide for expected losses on the Corporation’s loans held for investment based on historical loss experience, current conditions, and reasonable and supportable forecasts. The provision for (reversal of) credit losses is charged (credited) against operations on a quarterly basis, as necessary, to maintain the ACL at appropriate levels. Future adjustments to the ACL 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 as modified 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 ACL. For modified loans that are less than 90 days delinquent, the ACL is segregated into (a) individually evaluated allowances for those loans with applicable discounted cash flow calculations still in their modification 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, an individually evaluated allowance is derived based on the loan's discounted cash flow fair value (for modified loans) or collateral fair value less estimated selling costs and if the fair value is higher than the loan balance, no allowance is required. The following table is provided to disclose additional details for the periods indicated on the Corporation’s ACL on loans held for investment: For the Quarter Ended September 30, (Dollars in Thousands) 2023 2022 Allowance at beginning of period $ 5,946 $ 5,564 Impact of ASC 326 CECL adoption (1) 1,197 — Provision for credit losses 536 70 Recoveries: Mortgage loans: Single-family — 4 Total recoveries — 4 Total charge-offs — — Net recoveries (charge-offs) — 4 Allowance at end of period $ 7,679 $ 5,638 ACL as a percentage of gross loans held for investment 0.72 % 0.57 % Net (recoveries) charge-offs as a percentage of average loans receivable, net, during the period (annualized) (0.00) % (0.00) % ACL as a percentage of gross non-performing loans at the end of the period 545.38 % 537.98 % (1) Represents the impact of adopting ASC 326 on July 1, 2023. Since that date, as a result of adopting ASC 326, the methodology to compute the ACL has been based on CECL methodology, rather than the previously applied incurred loss methodology. The following tables denote the past due status of the Corporation's gross loans held for investment, net of fair value adjustments, at the dates indicated. September 30, 2023 30-89 Days Past Total Loans Held for (In Thousands) Current Due Non-Performing Investment, Gross Mortgage loans: Single-family $ 520,095 $ 73 $ 1,408 $ 521,576 Multi-family 457,351 — — 457,351 Commercial real estate 87,954 — — 87,954 Construction 2,100 — — 2,100 Other 104 — — 104 Commercial business loans 1,321 — — 1,321 Consumer loans 61 1 — 62 Total loans held for investment, gross $ 1,068,986 $ 74 $ 1,408 $ 1,070,468 June 30, 2023 30-89 Days Past Total Loans Held for (In Thousands) Current Due Non-Performing Investment, Gross Mortgage loans: Single-family $ 517,399 $ — $ 1,422 $ 518,821 Multi-family 461,113 — — 461,113 Commercial real estate 90,558 — — 90,558 Construction 1,936 — — 1,936 Other 106 — — 106 Commercial business loans 1,565 — — 1,565 Consumer loans 64 1 — 65 Total loans held for investment, gross $ 1,072,741 $ 1 $ 1,422 $ 1,074,164 The following tables summarize the Corporation’s ACL and recorded investment in gross loans, by portfolio type, at the dates and for the periods indicated. Quarter Ended September 30, 2023 Commercial Commercial (In Thousands) Single-family Multi-family Real Estate Construction Other Business Consumer Total ACL: Allowance at beginning of period $ 1,720 $ 3,270 $ 868 $ 15 $ 2 $ 67 $ 4 $ 5,946 Adjustment to allowance for adoption of ASC 326 4,605 (2,614) (786) 47 3 (54) (4) 1,197 Provision for (reversal of) credit losses 550 3 (6) (8) (1) (2) — 536 Recoveries — — — — — — — — Charge-offs — — — — — — — — ACL, end of period $ 6,875 $ 659 $ 76 $ 54 $ 4 $ 11 $ — $ 7,679 ACL: Individually evaluated for impairment $ 37 $ — $ — $ — $ — $ — $ — $ 37 Collectively evaluated for impairment 6,838 659 76 54 4 11 — 7,642 ACL, end of period $ 6,875 $ 659 $ 76 $ 54 $ 4 $ 11 $ — $ 7,679 Loans held for investment: Individually evaluated for impairment $ 990 $ — $ — $ — $ — $ — $ — $ 990 Collectively evaluated for impairment 520,586 457,351 87,954 2,100 104 1,321 62 1,069,478 Total loans held for investment, gross $ 521,576 $ 457,351 $ 87,954 $ 2,100 $ 104 $ 1,321 $ 62 $ 1,070,468 ACL as a percentage of gross loans held for investment 1.32 % 0.14 % 0.09 % 2.57 % 3.85 % 0.83 % — % 0.72 % Net (recoveries) charge-offs to average loans receivable, net during the period — % — % — % — % — % — % — % — % Quarter Ended September 30, 2022 Commercial Commercial (In Thousands) Single-family Multi-family Real Estate Construction Other Business Consumer Total ACL: Allowance at beginning of period $ 1,383 $ 3,282 $ 816 $ 23 $ 3 $ 52 $ 5 $ 5,564 Provision for (reversal of) credit losses 63 23 (10) (1) — (4) (1) 70 Recoveries 4 — — — — — — 4 Charge-offs — — — — — — — — ACL, end of period $ 1,450 $ 3,305 $ 806 $ 22 $ 3 $ 48 $ 4 $ 5,638 ACL: Individually evaluated for impairment $ 38 $ — $ — $ — $ — $ — $ — $ 38 Collectively evaluated for impairment 1,412 3,305 806 22 3 48 4 5,600 ACL, end of period $ 1,450 $ 3,305 $ 806 $ 22 $ 3 $ 48 $ 4 $ 5,638 Loans held for investment: Individually evaluated for impairment $ 819 $ — $ — $ — $ — $ — $ — $ 819 Collectively evaluated for impairment 428,756 468,031 89,339 3,151 118 1,117 70 990,582 Total loans held for investment, gross $ 429,575 $ 468,031 $ 89,339 $ 3,151 $ 118 $ 1,117 $ 70 $ 991,401 ACL as a percentage of gross loans held for investment 0.34 % 0.71 % 0.90 % 0.70 % 2.54 % 4.30 % 5.71 % 0.57 % Net (recoveries) charge-offs to average loans receivable, net during the period (0.01) % — % — % — % — % — % — % — % The following tables identify the Corporation’s total recorded investment in non-performing loans by type at the dates and for the periods indicated. Generally, a loan is placed on non-performing 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, the borrower(s) has demonstrated sustained payment performance and future monthly principal and interest payments are expected to be collected on a timely basis. Loans with a related allowance have been (a) collectively evaluated allowance using a pooling method analysis or (b) 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 analysis may identify a specific impairment amount needed or may conclude that no reserve is needed. At September 30, 2023 Unpaid Net Principal Related Recorded Recorded (In Thousands) Balance Charge-offs Investment Allowance (1) Investment Mortgage loans: Single-family: With a related allowance $ 1,158 $ — $ 1,158 $ (47) $ 1,111 Without a related allowance (2) 275 (25) 250 — 250 Total single-family loans 1,433 (25) 1,408 (47) 1,361 Total non-performing loans $ 1,433 $ (25) $ 1,408 $ (47) $ 1,361 (1) Consists of an ACL, specifically assigned to the individual loan. (2) There was no related ACL because the loans were charged-off to their fair value or the fair value of the collateral was higher than the loan balance. At June 30, 2023 Unpaid Related Net Principal Charge-offs Recorded Recorded (In Thousands) Balance Related Investment Allowance (1) Investment Mortgage loans: Single-family: With a related allowance $ 1,171 $ — $ 1,171 $ (122) $ 1,049 Without a related allowance (2) 276 (25) 251 — 251 Total single-family loans 1,447 (25) 1,422 (122) 1,300 Total non-performing loans $ 1,447 $ (25) $ 1,422 $ (122) $ 1,300 (1) Consists of an ACL, specifically assigned to the individual loan. (2) There was no related ACL because the loans were charged-off to their fair value or the fair value of the collateral was higher than the loan balance. At September 30, 2023, there were no commitments to lend additional funds to those borrowers whose loans were classified as non-performing. For the quarters ended September 30, 2023 and 2022, the Corporation’s average recorded investment in non-performing loans was $1.4 million and $1.1 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 quarter ended September 30, 2023, the Bank received $18,000 in interest payments from non-performing loans, of which all $18,000 was recognized as interest income and none was applied to reduce the loan balances under the cost recovery method. In comparison, for the quarter ended September 30, 2022, the Bank received $7,000 in interest payments from non-performing loans, of which $5,000 was recognized as interest income and the remaining $2,000 was applied to reduce the loan balances under the cost recovery method. The following tables present the average recorded investment in non-performing loans and the related interest income recognized for the quarters ended September 30, 2023 and 2022: Quarter Ended September 30, 2023 2022 Average Interest Average Interest Recorded Income Recorded Income (In Thousands) Investment Recognized Investment Recognized Without related allowances: Mortgage loans: Single-family $ 250 $ — $ 127 $ — 250 — 127 — With related allowances: Mortgage loans: Single-family 1,163 18 991 5 1,163 18 991 5 Total $ 1,413 $ 18 $ 1,118 $ 5 During the quarters ended September 30, 2023 and 2022, no properties were acquired in the settlement of loans and no previously foreclosed upon properties were sold. A new appraisal is obtained on each of the properties at the time of foreclosure and fair value is derived by using the lower of the appraised value or the listing price of the property, net of selling costs. As of both September 30, 2023 and June 30, 2023, there was no real estate owned property. Any initial loss upon repossession is recorded as a charge to the ACL before being transferred to real estate owned. Subsequent to transfer to real estate owned, if there is further deterioration in real estate values, specific real estate owned loss reserves are established and charged to the condensed consolidated statements of operations. In addition, the Corporation records costs to carry real estate owned as real estate owned operating expenses as incurred. As outlined in the implementation of ASC 326, the Bank includes the off-balance sheet reserve for the unfunded loan commitments within the provision for credit losses. The following table provides information regarding the unfunded commitment reserve for the quarters ended September 30, 2023 and 2022. For the Quarter Ended September 30, (In Thousands) 2023 2022 Balance, beginning of the period $ 42 $ 130 Impact of ASC 326 CECL adoption — — Provision for credit losses 9 7 Balance, end of the period $ 51 $ 137 The method for calculating the unfunded commitment reserve is based on a historical funding rate applied to the undisbursed loan amount to estimate an average outstanding amount during the life of the loan commitment. The Corporation applies the same assumptions and methodologies by loan groupings to these unfunded loan commitments as it does for its funded loans held for investment to determine the reserve rate and the allowance. Assumptions are evaluated by management periodically as part of the CECL procedures. The unfun

Derivative and Other Financial

Derivative and Other Financial Instruments with Off-Balance Sheet Risks	3 Months Ended
	Sep. 30, 2023
Derivative and Other Financial Instruments with Off-Balance Sheet Risks
Derivative and Other Financial Instruments with Off-Balance Sheet Risks	Note 6: 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 Condensed 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 September 30, 2023 and June 30, 2023, the Corporation had commitments to extend credit on loans to be held for investment of $6.7 million and $2.4 million, respectively. The following table provides information regarding unfunded loan commitments, which are comprised of undisbursed funds on construction loans, undisbursed funds to borrowers on existing lines of credit with the Corporation and commitments to originate loans to be held for investment at the dates indicated below. Commitments September 30, 2023 June 30, 2023 (In Thousands) Undisbursed loan funds – Construction loans $ 1,231 $ 2,032 Undisbursed lines of credit – Commercial business loans 516 607 Undisbursed lines of credit – Consumer loans 363 363 Commitments to extend credit on loans to be held for investment 6,706 2,394 Total $ 8,816 $ 5,396 In accordance with ASC 815, “Derivatives and Hedging,” and interpretations of the Derivatives Implementation Group of the FASB, the fair value of the commitments to extend credit on loans to be held for sale, loan sale commitments, to be announced (“TBA”) MBS trades, put option contracts and call option contracts are recorded at fair value on the Condensed Consolidated Statements of Financial Condition. The Corporation does not apply hedge accounting to its derivative financial instruments; therefore, all changes in fair value are recorded in earnings. As of September 30, 2023 and June 30, 2023, there were no outstanding derivative financial instruments. Loans previously sold to the FHLB – San Francisco under the Mortgage Partnership Finance (“MPF”) program have a recourse liability. The FHLB – San Francisco absorbs the first four basis points of loss by establishing a first loss account and a credit scoring process is used to calculate the maximum recourse amount for the Bank. All losses above the Bank’s maximum recourse amount are the responsibility of the FHLB – San Francisco. The FHLB – San Francisco pays the Bank a credit enhancement fee on a monthly basis to compensate the Bank for accepting the recourse obligation. As of September 30, 2023 and June 30, 2023, the Bank serviced $3.4 million and $3.5 million of loans under this program, respectively, and has established a recourse liability of $8,000 at both dates. Occasionally, the Bank is required to repurchase loans sold to Freddie Mac, Fannie Mae or other investors if it is determined that such loans do not meet the credit requirements of the investor, or if one of the parties involved in the loan misrepresented pertinent facts, committed fraud, or if such loans were 90-days past due within 120 days of the loan funding date. During the quarters ended September 30, 2023 and 2022, the Bank did not repurchase any loans or settle any request to repurchase a loan. In addition to the specific recourse liability for the MPF program, the Bank established a recourse liability of $25,000 for loans sold to other investors at both September 30, 2023 and June 30, 2023. The following table shows the summary of the recourse liability for the quarters ended September 30, 2023 and 2022: For the Quarter Ended September 30, Recourse Liability 2023 2022 (In Thousands) Balance, beginning of the period $ 33 $ 160 Provision for recourse liability — — Net settlements in lieu of loan repurchases — — Balance, end of the period $ 33 $ 160

Fair Value of Financial Instrum

Fair Value of Financial Instruments	3 Months Ended
Fair Value of Financial Instruments	Sep. 30, 2023
Fair Value of Financial Instruments
Fair Value of Financial Instruments	Note 7: 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.” 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. The Corporation elected the fair value option on loans held for investment which were previously originated for sale. 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 September 30, 2023: Loans held for investment, at fair value $ 1,061 $ 1,256 $ (195) As of June 30, 2023: Loans held for investment, at fair value $ 1,312 $ 1,483 $ (171) 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 mortgage servicing assets (“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 private issue 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 private issue 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). Loans with individually evaluated allowance that are recorded at fair value on a non-recurring basis are loans which are inadequately protected by the current sound worth and paying capacity of the borrowers or of the collateral pledged. These 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 loan with an individually evaluated allowance is determined based on discounted cash flow 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 commercial real estate loans with individually evaluated for allowance, the fair value is derived from the appraised value of its collateral. Loans with individually evaluated allowance 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 ACL. These adjustments to the estimated fair value of non-performing loans may result in increases or decreases to the provision for credit 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 tables present information at the dates indicated about the Corporation’s assets and liabilities measured at fair value on a recurring basis: Fair Value Measurement at September 30, 2023 Using: (In Thousands) Level 1 Level 2 Level 3 Total Assets: Investment securities - available for sale: U.S. government agency MBS $ — $ 1,340 $ — $ 1,340 U.S. government sponsored enterprise MBS — 652 — 652 Private issue CMO — — 98 98 Investment securities - available for sale — 1,992 98 2,090 Loans held for investment, at fair value — — 1,061 1,061 Interest-only strips — — 9 9 Total assets $ — $ 1,992 $ 1,168 $ 3,160 Liabilities: $ — $ — $ — $ — Total liabilities $ — $ — $ — $ — Fair Value Measurement at June 30, 2023 Using: (In Thousands) Level 1 Level 2 Level 3 Total Assets: Investment securities - available for sale: U.S. government agency MBS $ — $ 1,370 $ — $ 1,370 U.S. government sponsored enterprise MBS — 683 — 683 Private issue CMO — — 102 102 Investment securities - available for sale — 2,053 102 2,155 Loans held for investment, at fair value — — 1,312 1,312 Interest-only strips — — 9 9 Total assets $ — $ 2,053 $ 1,423 $ 3,476 Liabilities: $ — $ — $ — $ — Total liabilities $ — $ — $ — $ — The following tables summarize reconciliations of the beginning and ending balances during the periods shown of recurring fair value measurements recognized in the Condensed Consolidated Statements of Financial Condition using Level 3 inputs: For the Quarter Ended September 30, 2023 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, 2023 $ 102 $ 1,312 $ 9 $ 1,423 Adjustment due to ASC 326 CECL adoption — 28 — 28 Total gains or losses (realized/unrealized): Included in earnings — (52) — (52) Included in other comprehensive loss (1) — — (1) Purchases — — — — Issuances — — — — Settlements (3) (227) — (230) Transfers in and/or out of Level 3 — — — — Ending balance at September 30, 2023 $ 98 $ 1,061 $ 9 $ 1,168 (1) The valuation of loans held for investment at fair value includes 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. For the Quarter Ended September 30, 2022 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, 2022 $ 113 $ 1,396 $ 7 $ 1,516 Total gains or losses (realized/unrealized): Included in earnings — (26) — (26) Included in other comprehensive loss (1) — — (1) Purchases — — — — Issuances — — — — Settlements (5) (20) — (25) Transfers in and/or out of Level 3 — — — — Ending balance at September 30, 2022 $ 107 $ 1,350 $ 7 $ 1,464 (1) The valuation of loans held for investment at fair value includes 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. The following fair value hierarchy tables present information about the Corporation’s assets measured at fair value at the dates indicated on a nonrecurring basis: Fair Value Measurement at September 30, 2023 Using: (In Thousands) Level 1 Level 2 Level 3 Total Loans with individually evaluated allowance $ — $ — $ 703 $ 703 Mortgage servicing assets — — 67 67 Total $ — $ — $ 770 $ 770 Fair Value Measurement at June 30, 2023 Using: (In Thousands) Level 1 Level 2 Level 3 Total Loans with individually evaluated allowance $ — $ 251 $ 1,049 $ 1,300 Mortgage servicing assets — — 90 90 Total $ — $ 251 $ 1,139 $ 1,390 The following table presents additional information about valuation techniques and inputs used for assets and liabilities, which are measured at fair value and categorized within Level 3 as of September 30, 2023: Impact to Fair Value Valuation As of from an September 30, Valuation Range (1) Increase in (Dollars In Thousands) 2023 Techniques Unobservable Inputs (Weighted Average) Inputs (2) Assets: Securities available-for sale: Private issue CMO $ 98 Market comparable pricing Comparability adjustment (1.7%) - (6.6%) (2.7%) Increase Loans held for investment, at fair value $ 1,061 Relative value analysis Broker quotes 84.4% - 87.6% (85.6%) Increase ACL factors 0.0% - 1.2% (1.1%) Decrease Loans with individually evaluated allowance $ 703 Discounted cash flow Default rates 5.0% Decrease Mortgage servicing assets $ 67 Discounted cash flow Prepayment speed (CPR) 4.7% - 60.0% (8.1%) Decrease Discount rate 9.0% - 10.5% (9.1%) Decrease Interest-only strips $ 9 Discounted cash flow Prepayment speed (CPR) 6.4% - 8.9% (8.0%) 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 asset instruments 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. The significant unobservable inputs used in the fair value measurement of the Corporation’s assets and liabilities include the following: prepayment speeds, discount rates and broker quotes, 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. The carrying amount and fair value of the Corporation’s other financial instruments as of September 30, 2023 and June 30, 2023 was as follows: September 30, 2023 Carrying Fair (In Thousands) Amount Value Level 1 Level 2 Level 3 Financial assets: Loans held for investment, not recorded at fair value $ 1,071,109 $ 966,437 $ — $ — $ 966,437 Investment securities - held to maturity $ 147,574 $ 126,851 $ — $ 126,851 $ — FHLB – San Francisco stock $ 9,505 $ 9,505 $ — $ 9,505 $ — Financial liabilities: Deposits $ 931,131 $ 928,497 $ — $ 928,497 $ — Borrowings $ 235,009 $ 232,686 $ — $ 232,686 $ — June 30, 2023 Carrying Fair (In Thousands) Amount Value Level 1 Level 2 Level 3 Financial assets: Loans held for investment, not recorded at fair value $ 1,076,317 $ 970,277 $ — $ — $ 970,277 Investment securities - held to maturity $ 154,337 $ 135,541 $ — $ 135,541 $ — FHLB – San Francisco stock $ 9,505 $ 9,505 $ — $ 9,505 $ — Financial liabilities: Deposits $ 950,571 $ 949,116 $ — $ 949,116 $ — Borrowings $ 235,009 $ 232,764 $ — $ 232,764 $ — 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 similar loans would be made to borrowers, or (ii) quoted market prices. Investment securities - held to maturity: The investment securities - held to maturity consist of U.S. SBA securities, U.S. government sponsored enterprise MBS and U.S. government sponsored enterprise CMO. For the U.S. SBA securities and U.S. government sponsored enterprise MBS and CMO, 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 observable inputs, including rates currently offered for deposits of similar remaining maturities. The fair value of transaction accounts (checking, money market and savings accounts) is equal to the carrying amounts payable on demand or 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 first three months of fiscal 2024, there were no significant changes to the Corporation’s valuation techniques that had, or are expected to have, a material impact on its condensed consolidated financial position or results of operations.

Revenue From Contracts With Cus

Revenue From Contracts With Customers	3 Months Ended
Revenue From Contracts With Customers	Sep. 30, 2023
Revenue From Contracts With Customers
Revenue From Contracts With Customers	Note 8: 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, quarterly or annually. 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 our 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 interchange 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 our 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 quarters ended September 30, 2023 and 2022: Quarter Ended September 30, Type of Services 2023 2022 (In Thousands) Loan servicing and other fees (1) $ (21) $ 108 Deposit account fees 288 343 Card and processing fees 353 381 Other (2) 131 171 Total non-interest income $ 751 $ 1,003 (1) Not within the scope of ASC 606. (2) Includes net BOLI income of $46 thousand for both quarters ended September 30, 2023 and 2022 , which are not within the scope of ASC 606. For both the quarters ended September 30, 2023 and 2022, substantially all of the Corporation's revenues within the scope of ASC 606 are for performance obligations satisfied at a specified date. Revenues recognized within the scope of ASC 606: Deposit account fees fees are recognized concurrent with the event on a daily, monthly, quarterly or annual basis, depending on the type of service. Card and processing fees Other fees

Leases

Leases	3 Months Ended
Leases	Sep. 30, 2023
Leases
Leases	Note 9: Leases The Corporation accounts for its leases in accordance with ASC 842 which 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 condensed consolidated statements of financial condition. At September 30, 2023, 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 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 quarters ended September 30, 2023 and 2022, expenses associated with the Corporation’s leases totaled $247,000 and $215,000, respectively, and were recorded in premises and occupancy expenses and equipment expenses in the condensed consolidated statements of operations. The following tables present supplemental information related to operating leases at the date and for the periods indicated: As of (In Thousands) September 30, 2023 June 30, 2023 Condensed Consolidated Statements of Condition: Premises and equipment - Operating lease right of use assets $ 1,934 $ 2,147 Accounts payable, accrued interest and other liabilities – Operating lease liabilities $ 1,968 $ 2,169 Quarter Ended September 30, (In Thousands) 2023 2022 Condensed Consolidated Statements of Operations: Premises and occupancy expenses from operating leases (1) $ 213 $ 193 Equipment expenses from operating leases 34 22 Total lease expense $ 247 $ 215 (1) Includes immaterial variable lease costs. Quarter Ended Quarter Ended (In Thousands) September 30, 2023 September 30, 2022 Condensed Consolidated Statements of Cash Flows: Operating cash flows from operating leases, net $ 231 $ 219 The following table provides information related to remaining minimum contractual lease payments and other information associated with the Corporation’s leases as of September 30, 2023: Amount (1) Year Ending June 30, (In Thousands) 2024 $ 649 2025 674 2026 383 2027 188 2028 151 Thereafter 33 Total contract lease payments $ 2,078 Total liability to make lease payments $ 1,968 Difference in undiscounted and discounted future lease payments $ 110 Weighted average discount rate 3.16 % Weighted average remaining lease term (years) 3.2 (1) Contractual base rents do not include property taxes and other operating expenses due under respective lease agreements.

Stock Repurchases

Stock Repurchases	3 Months Ended
Stock Repurchases	Sep. 30, 2023
Stock Repurchases
Stock Repurchases	Note 10: Stock Repurchases On April 28, 2022, the Board of Directors of the Corporation announced a stock repurchase plan which authorized 364,259 shares for repurchase over a one year period. On April 27, 2023, the Board of Directors of the Corporation announced an extension of its existing stock repurchase plan through April 28, 2024 or until completed, whichever occurs first. The timing, volume and price of purchases are made at our discretion, and are contingent upon our overall financial condition, as well as general market and other conditions. The stock repurchase program does not obligate the Corporation to acquire any specific number of shares in any period, and may be expanded, extended, modified or discontinued at any time. During the quarter ended September 30, 2023, the Corporation purchased 36,112 shares of its common stock under the April 2022 stock repurchase plan with a weighted average cost of $13.70 per share. As of September 28, 2023, the Corporation purchased a total of 338,831 shares, or 93 percent of the total authorized stock repurchase, with a weighted average cost of $13.98 per share pursuant to its April 2022 stock repurchase plan. On September 28, 2023, the Board of Directors approved the new stock repurchase plan that authorizes 350,353 shares to be purchased over a one-year period and cancelled the 25,428 shares remaining available for purchase under the April 2022 plan. As of September 30, 2023, all of the shares authorized for repurchase under the September 2023 plan remain available to purchase until the plan expires on September 28, 2024.

Subsequent Events

Subsequent Events	3 Months Ended
Subsequent Events	Sep. 30, 2023
Subsequent Events
Subsequent Events	Note 11: Subsequent Events On October 26, 2023, the Corporation announced that the 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 November 16, 2023 are entitled to receive the cash dividend. The cash dividend will be payable on December 7, 2023.

Basis of Presentation (Policies

Basis of Presentation (Policies)	3 Months Ended
Basis of Presentation (Policies)	Sep. 30, 2023
Organization and Summary of Significant Accounting Policies
Basis of Presentation	The unaudited interim condensed consolidated financial statements included herein reflect all adjustments which are, in the opinion of management, necessary to present a fair statement of the results of operations for the interim periods presented. All such adjustments are of a normal, recurring nature. The condensed consolidated statement of financial condition at June 30, 2023 is derived from the audited consolidated financial statements of Provident Financial Holdings, Inc. and its wholly-owned subsidiary, Provident Savings Bank, F.S.B. (the "Bank") (collectively, the "Corporation"). Certain information and note disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America ("GAAP") have been omitted pursuant to the rules and regulations of the United States Securities and Exchange Commission ("SEC") with respect to interim financial reporting. It is recommended that these unaudited interim condensed consolidated financial statements be read in conjunction with the audited consolidated financial statements and notes thereto included in the Corporation’s Annual Report on Form 10-K for the fiscal year ended June 30, 2023 (“2023 Annual Form 10-K”). The results of operations for the quarter ended September 30, 2023 are not necessarily indicative of results that may be expected for the entire fiscal year ending June 30, 2024.
Accounting standard updates ("ASU")	ASU 2020-04: In March 2020, the Financial Accounting Standards Board (“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 the London Interbank Offered Rate (“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 remeasurement or reassessment of a previous accounting determination. In January 2021, ASU 2021-01 clarified 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”). In December 2022, the FASB issued ASU 2022-06, Deferral of the Sunset Date of Topic 848. The FASB had originally included a sunset provision within Topic 848 based on expectations of when the LIBOR would cease being published. In March 2021, it was announced that the intended cessation date of LIBOR was extended to June 30, 2023. As a result, the FASB issued ASU 2022-06 deferring the sunset date of Topic 848 from March 31, 2023 to December 31, 2024. This ASU is effective for all entities as of March 12, 2020 through December 31, 2024. As of June 30, 2023, the Corporation had approximately $469.4 million in loans held for investment with LIBOR indices. Beginning July 1, 2023, the Corporation started to transition these loans to Secured Overnight Financing Rate (“SOFR”) indices or other rate indices in accordance with the government agency guidelines. As of September 30, 2023, all loans held for investment with LIBOR indices had been transitioned to SOFR or other rate indices. The Corporation determined that the impact of the adoption of this ASU did not have a material impact to its consolidated financial statements. 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. On July 1, 2023, the Corporation adopted this ASU that replaced the incurred loss methodology with the current expected credit loss (“CECL”) methodology. CECL requires an estimate of credit losses for the remaining estimated life of the financial asset using historical experience, current conditions, and reasonable and supportable forecasts and applies to financial assets measured at amortized cost, including loans held for investment and held-to-maturity investment securities, and some off-balance sheet credit exposures such as unfunded commitments to extend credit. Financial assets measured at amortized cost will be presented at the net amount expected to be collected by using an allowance for credit losses (“ACL”). In addition, CECL made changes to the accounting for available for sale investment securities. One such change is to require credit losses to be presented as an allowance rather than as a write-down on available for sale debt securities if management does not intend to sell and does not believe that it is more likely than not, they will be required to sell. The Corporation adopted ASC 326, “Financial Instruments – Credit Losses,” and all related subsequent amendments using the prospective transition approach for all financial assets measured at amortized cost and off-balance sheet credit exposures. The transition adjustment of the adoption of CECL included an $1.2 million increase in the ACL, which is presented as a reduction to net loans held for investment. The Corporation recorded a net decrease to retained earnings of $824,000 as of July 1, 2023 for the cumulative effect of adopting CECL, which reflects the transition adjustments noted above, net of the applicable deferred tax assets recorded. Results for reporting periods beginning after July 1, 2023 are presented under CECL while prior period amounts continue to be reported in accordance with previously applicable accounting standards. The Corporation adopted ASC 326 using the prospective transition approach for debt securities for which other-than-temporary impairment had been recognized prior to July 1, 2023. As of June 30, 2023, the Corporation did not have any other-than-temporary impaired investment securities. Therefore, upon adoption of ASC 326, the Corporation determined that an ACL on available for sale securities was not deemed necessary. The following table illustrates the impact on the ACL from the adoption of ASC 326: Allowance for Allowance Impact to credit losses before adoption allowance after ASC under ASC 326 of ASC 326 326 adoption (In Thousands) (07/01/2023) (06/30/2023) (07/01/2023) Assets: Mortgage loans: Single-family $ 6,325 $ 1,720 $ 4,605 Multi-family 656 3,270 (2,614) Commercial real estate 82 868 (786) Construction 62 15 47 Other 5 2 3 Commercial business loans 13 67 (54) Consumer loans — 4 (4) ACL on loans $ 7,143 $ 5,946 $ 1,197 Liabilities: Unfunded loan commitment reserve $ 42 $ 42 $ — In March 2022, FASB issued ASU 2022-02, “Financial Instruments-Credit Losses (Topic 326) Troubled Debt Restructurings and Vintage Disclosures.” This ASU provides new guidance on the treatment of troubled debt restructurings in relation to the adoption of the CECL model for the accounting for credit losses (see note above regarding ASU 2016-13). Previous accounting guidance related to troubled debt restructurings (“TDRs”) is eliminated and new disclosure requirements are adopted in regards to loan refinancing and restructurings made to borrowers experiencing financial difficulties under the assumption that the CECL model will capture credit losses related to TDRs. These required disclosures regarding gross write-offs for financing receivables by year of origination and loan modifications are also included in this ASU. The Corporation will no longer report TDRs or classify loans as TDRs given those previously recognized as TDRs have been incorporated into the CECL methodology in regard to loan loss reserves as of July 1, 2023.

Accounting Standard Updates (_2

Accounting Standard Updates ("ASU") (Tables)	3 Months Ended
Accounting Standard Updates ("ASU") (Tables)	Sep. 30, 2023
Accounting Standard Updates ("ASU")
Schedule of ACL from the adoption of ASC 326	Allowance for Allowance Impact to credit losses before adoption allowance after ASC under ASC 326 of ASC 326 326 adoption (In Thousands) (07/01/2023) (06/30/2023) (07/01/2023) Assets: Mortgage loans: Single-family $ 6,325 $ 1,720 $ 4,605 Multi-family 656 3,270 (2,614) Commercial real estate 82 868 (786) Construction 62 15 47 Other 5 2 3 Commercial business loans 13 67 (54) Consumer loans — 4 (4) ACL on loans $ 7,143 $ 5,946 $ 1,197 Liabilities: Unfunded loan commitment reserve $ 42 $ 42 $ —

Earnings Per Share (Tables)

Earnings Per Share (Tables)	3 Months Ended
Earnings Per Share (Tables)	Sep. 30, 2023
Earnings Per Share
Schedule of earnings per share, basic and diluted	For the Quarter Ended September 30, (In Thousands, Except Earnings Per Share) 2023 2022 Numerator: Net income – numerator for basic earnings per share and diluted earnings per share - available to common stockholders $ 1,762 $ 2,090 Denominator: Denominator for basic earnings per share: Weighted-average shares 7,017 7,273 Effect of dilutive shares: Stock options — — Restricted stock 10 37 Denominator for diluted earnings per share: Adjusted weighted-average shares and assumed conversions 7,027 7,310 Basic earnings per share $ 0.25 $ 0.29 Diluted earnings per share $ 0.25 $ 0.29

Investment Securities (Tables)

Investment Securities (Tables)	3 Months Ended
Investment Securities (Tables)	Sep. 30, 2023
Investment Securities
Schedule of available-for-sale securities reconciliation	Gross Gross Estimated Amortized Unrealized Unrealized Fair Carrying September 30, 2023 Cost Gains (Losses) Value Value (In Thousands) Held to maturity U.S. government sponsored enterprise MBS (1) $ 143,070 $ 1 $ (20,376) $ 122,695 $ 143,070 U.S. government sponsored enterprise CMO (2) 3,870 — (347) 3,523 3,870 U.S. SBA securities (3) 634 — (1) 633 634 Total investment securities - held to maturity 147,574 1 (20,724) 126,851 147,574 Available for sale U.S. government agency MBS 1,379 — (39) 1,340 1,340 U.S. government sponsored enterprise MBS 662 — (10) 652 652 Private issue CMO 101 — (3) 98 98 Total investment securities - available for sale 2,142 — (52) 2,090 2,090 Total investment securities $ 149,716 $ 1 $ (20,776) $ 128,941 $ 149,664 (1) (2) (3) Gross Gross Estimated Amortized Unrealized Unrealized Fair Carrying June 30, 2023 Cost Gains (Losses) Value Value (In Thousands) Held to maturity U.S. government sponsored enterprise MBS $ 149,803 $ — $ (18,459) $ 131,344 $ 149,803 U.S. government sponsored enterprise CMO 3,883 — (336) 3,547 3,883 U.S. SBA securities 651 — (1) 650 651 Total investment securities - held to maturity 154,337 — (18,796) 135,541 154,337 Available for sale U.S. government agency MBS 1,417 — (47) 1,370 1,370 U.S. government sponsored enterprise MBS 697 — (14) 683 683 Private issue CMO 103 — (1) 102 102 Total investment securities - available for sale 2,217 — (62) 2,155 2,155 Total investment securities $ 156,554 $ — $ (18,858) $ 137,696 $ 156,492
Schedule of investments with unrealized loss position	As of September 30, 2023 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 $ 2,237 $ 3 $ 119,202 $ 20,373 $ 121,439 $ 20,376 U.S. government sponsored enterprise CMO — — 3,523 347 3,523 347 U.S. SBA securities — — 633 1 633 1 Total investment securities - held to maturity 2,237 3 123,358 20,721 125,595 20,724 Available for sale U.S government agency MBS — — 1,340 39 1,340 39 U.S. government sponsored enterprise MBS 62 1 558 9 620 10 Private issue CMO — — 98 3 98 3 Total investment securities - available for sale 62 1 1,996 51 2,058 52 Total investment securities $ 2,299 $ 4 125,354 $ 20,772 $ 127,653 $ 20,776 As of June 30, 2023 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 $ 10,839 $ 253 $ 120,506 $ 18,206 $ 131,345 $ 18,459 U.S. government sponsored enterprise CMO — — 3,547 336 3,547 336 U.S. SBA securities 650 1 — — 650 1 Total investment securities - held to maturity 11,489 254 124,053 18,542 135,542 18,796 Available for sale U.S government agency MBS 696 20 673 27 1,369 47 U.S. government sponsored enterprise MBS 87 2 558 12 645 14 Private issue CMO — — 102 1 102 1 Total investment securities - available for sale 783 22 1,333 40 2,116 62 Total investment securities $ 12,272 $ 276 $ 125,386 $ 18,582 $ 137,658 $ 18,858
Schedule of investments classified by contractual maturity	September 30, 2023 June 30, 2023 Estimated Estimated Amortized Fair Amortized Fair (In Thousands) Cost Value Cost Value Held to maturity Due in one year or less $ 101 $ 100 $ 303 $ 300 Due after one through five years 6,861 6,557 7,686 7,365 Due after five through ten years 57,770 51,267 61,043 54,686 Due after ten years 82,842 68,927 85,305 73,190 Total investment securities - held to maturity 147,574 126,851 154,337 135,541 Available for sale Due in one year or less — — — — Due after one through five years — — — — Due after five through ten years 569 560 590 580 Due after ten years 1,573 1,530 1,627 1,575 Total investment securities - available for sale 2,142 2,090 2,217 2,155 Total investment securities $ 149,716 $ 128,941 $ 156,554 $ 137,696

Loans Held for Investment (Tabl

Loans Held for Investment (Tables)	3 Months Ended
Loans Held for Investment (Tables)	Sep. 30, 2023
Loans Held for Investment
Schedule of loans held for investment	September 30, June 30, (In Thousands) 2023 2023 Mortgage loans: Single-family $ 521,576 $ 518,821 Multi-family 457,351 461,113 Commercial real estate 87,954 90,558 Construction 2,100 1,936 Other 104 106 Commercial business loans 1,321 1,565 Consumer loans 62 65 Total loans held for investment, gross 1,070,468 1,074,164 Advance payments of escrows 125 148 Deferred loan costs, net 9,256 9,263 ACL on loans (7,679) (5,946) Total loans held for investment, net $ 1,072,170 $ 1,077,629
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 $ 55,866 $ 25,584 $ 78,271 $ 249,761 $ 112,094 $ 521,576 Multi-family 160,821 153,088 111,204 32,119 119 457,351 Commercial real estate 38,446 13,573 34,666 — 1,269 87,954 Construction 2,100 — — — — 2,100 Other — — — — 104 104 Commercial business loans 1,321 — — — — 1,321 Consumer loans 62 — — — — 62 Total loans held for investment, gross $ 258,616 $ 192,245 $ 224,141 $ 281,880 $ 113,586 $ 1,070,468
Schedule of gross loans held for investment by loan types and risk category	September 30, 2023 Term Loans by Year of Origination Revolving (In Thousands) 2023 2022 2021 2020 2019 Prior Loans Total Mortgage loans: Single-family: Pass $ 61,583 $ 213,223 $ 156,078 $ 20,591 $ 11,729 $ 56,862 $ 29 $ 520,095 Special Mention - - - - - 73 - 73 Substandard - - - 250 - 1,158 - 1,408 Total single-family 61,583 213,223 156,078 20,841 11,729 58,093 29 521,576 Current period gross charge-off $ - $ - $ - $ - $ - $ - $ - $ - Multi-family: Pass 22,501 77,566 90,408 63,897 58,850 143,622 - 456,844 Special Mention - - 507 - - - - 507 Substandard - - - - - - - - Total multi-family 22,501 77,566 90,915 63,897 58,850 143,622 - 457,351 Current period gross charge-off $ - $ - $ - $ - $ - $ - $ - $ - Commercial real estate: Pass 9,407 23,690 5,489 6,486 9,916 32,420 - 87,408 Special Mention - - - - - - - - Substandard - - - - - 546 - 546 Total commercial real estate 9,407 23,690 5,489 6,486 9,916 32,966 - 87,954 Current period gross charge-off $ - $ - $ - $ - $ - $ - $ - $ - Construction: Pass 160 438 1,502 - - - - 2,100 Special Mention - - - - - - - - Substandard - - - - - - - - Total construction 160 438 1,502 - - - - 2,100 Current period gross charge-off $ - $ - $ - $ - $ - $ - $ - $ - Other: Pass - - - 104 - - - 104 Special Mention - - - - - - - - Substandard - - - - - - - - Total other - - - 104 - - - 104 Current period gross charge-off $ - $ - $ - $ - $ - $ - $ - $ - Commercial business loans: Pass - 161 - - - - 1,160 1,321 Special Mention - - - - - - - - Substandard - - - - - - - - Total commercial business loans - 161 - - - - 1,160 1,321 Current period gross charge-off $ - $ - $ - $ - $ - $ - $ - $ - Consumer loans: Not graded 17 - - - - - - 17 Pass - - - - - - 45 45 Special Mention - - - - - - - - Substandard - - - - - - - - Total consumer loans 17 - - - - - 45 62 Current period gross charge-off $ - $ - $ - $ - $ - $ - $ - $ - Total loans held for investment, gross $ 93,668 $ 315,078 $ 253,984 $ 91,328 $ 80,495 $ 234,681 $ 1,234 $ 1,070,468 Total current period charge-offs $ — $ — $ — $ — $ — $ — $ — $ — June 30, 2023 Term Loans by Year of Origination Revolving (In Thousands) 2023 2022 2021 2020 2019 Prior Loans Total Mortgage loans: Single-family: Pass $ 51,378 $ 216,989 $ 157,015 $ 20,741 $ 11,793 $ 59,451 $ 32 $ 517,399 Special Mention - - - - - - - - Substandard - - - 251 - 1,171 - 1,422 Total single-family 51,378 216,989 157,015 20,992 11,793 60,622 32 518,821 Current period gross charge-off $ - $ - $ - $ - $ - $ - $ - $ - Multi-family: Pass 17,429 77,956 90,926 65,127 59,709 149,456 - 460,603 Special Mention - - 510 - - - - 510 Substandard - - - - - - - - Total multi-family 17,429 77,956 91,436 65,127 59,709 149,456 - 461,113 Current period gross charge-off $ - $ - $ - $ - $ - $ - $ - $ - Commercial real estate: Pass 8,586 23,815 5,527 6,525 9,981 35,577 - 90,011 Special Mention - - - - - - - - Substandard - - - - - 547 - 547 Total commercial real estate 8,586 23,815 5,527 6,525 9,981 36,124 - 90,558 Current period gross charge-off $ - $ - $ - $ - $ - $ - $ - $ - Construction: Pass 94 726 1,116 - - - - 1,936 Special Mention - - - - - - - - Substandard - - - - - - - - Total construction 94 726 1,116 - - - - 1,936 Current period gross charge-off $ - $ - $ - $ - $ - $ - $ - $ - Other: Pass - - - 106 - - - 106 Special Mention - - - - - - - - Substandard - - - - - - - - Total other - - - 106 - - - 106 Current period gross charge-off $ - $ - $ - $ - $ - $ - $ - $ - Commercial business loans: Pass - 171 - - - - 1,394 1,565 Special Mention - - - - - - - - Substandard - - - - - - - - Total commercial business loans - 171 - - - - 1,394 1,565 Current period gross charge-off $ - $ - $ - $ - $ - $ - $ - $ - Consumer loans: Not graded 15 - - - - - - 15 Pass - - - - - - 50 50 Special Mention - - - - - - - - Substandard - - - - - - - - Total consumer loans 15 - - - - - 50 65 Current period gross charge-off $ - $ - $ - $ - $ - $ - $ - $ - Total loans held for investment, gross $ 77,502 $ 319,657 $ 255,094 $ 92,750 $ 81,483 $ 246,202 $ 1,476 $ 1,074,164 Total current period charge-offs $ — $ — $ — $ — $ — $ — $ — $ —
Schedule of allowance for credit losses	For the Quarter Ended September 30, (Dollars in Thousands) 2023 2022 Allowance at beginning of period $ 5,946 $ 5,564 Impact of ASC 326 CECL adoption (1) 1,197 — Provision for credit losses 536 70 Recoveries: Mortgage loans: Single-family — 4 Total recoveries — 4 Total charge-offs — — Net recoveries (charge-offs) — 4 Allowance at end of period $ 7,679 $ 5,638 ACL as a percentage of gross loans held for investment 0.72 % 0.57 % Net (recoveries) charge-offs as a percentage of average loans receivable, net, during the period (annualized) (0.00) % (0.00) % ACL as a percentage of gross non-performing loans at the end of the period 545.38 % 537.98 % (1) Represents the impact of adopting ASC 326 on July 1, 2023. Since that date, as a result of adopting ASC 326, the methodology to compute the ACL has been based on CECL methodology, rather than the previously applied incurred loss methodology.
Schedule of past due status of gross loans held for investment, net of fair value adjustments	September 30, 2023 30-89 Days Past Total Loans Held for (In Thousands) Current Due Non-Performing Investment, Gross Mortgage loans: Single-family $ 520,095 $ 73 $ 1,408 $ 521,576 Multi-family 457,351 — — 457,351 Commercial real estate 87,954 — — 87,954 Construction 2,100 — — 2,100 Other 104 — — 104 Commercial business loans 1,321 — — 1,321 Consumer loans 61 1 — 62 Total loans held for investment, gross $ 1,068,986 $ 74 $ 1,408 $ 1,070,468 June 30, 2023 30-89 Days Past Total Loans Held for (In Thousands) Current Due Non-Performing Investment, Gross Mortgage loans: Single-family $ 517,399 $ — $ 1,422 $ 518,821 Multi-family 461,113 — — 461,113 Commercial real estate 90,558 — — 90,558 Construction 1,936 — — 1,936 Other 106 — — 106 Commercial business loans 1,565 — — 1,565 Consumer loans 64 1 — 65 Total loans held for investment, gross $ 1,072,741 $ 1 $ 1,422 $ 1,074,164
Schedule of allowance for loan losses and recorded investment	Quarter Ended September 30, 2023 Commercial Commercial (In Thousands) Single-family Multi-family Real Estate Construction Other Business Consumer Total ACL: Allowance at beginning of period $ 1,720 $ 3,270 $ 868 $ 15 $ 2 $ 67 $ 4 $ 5,946 Adjustment to allowance for adoption of ASC 326 4,605 (2,614) (786) 47 3 (54) (4) 1,197 Provision for (reversal of) credit losses 550 3 (6) (8) (1) (2) — 536 Recoveries — — — — — — — — Charge-offs — — — — — — — — ACL, end of period $ 6,875 $ 659 $ 76 $ 54 $ 4 $ 11 $ — $ 7,679 ACL: Individually evaluated for impairment $ 37 $ — $ — $ — $ — $ — $ — $ 37 Collectively evaluated for impairment 6,838 659 76 54 4 11 — 7,642 ACL, end of period $ 6,875 $ 659 $ 76 $ 54 $ 4 $ 11 $ — $ 7,679 Loans held for investment: Individually evaluated for impairment $ 990 $ — $ — $ — $ — $ — $ — $ 990 Collectively evaluated for impairment 520,586 457,351 87,954 2,100 104 1,321 62 1,069,478 Total loans held for investment, gross $ 521,576 $ 457,351 $ 87,954 $ 2,100 $ 104 $ 1,321 $ 62 $ 1,070,468 ACL as a percentage of gross loans held for investment 1.32 % 0.14 % 0.09 % 2.57 % 3.85 % 0.83 % — % 0.72 % Net (recoveries) charge-offs to average loans receivable, net during the period — % — % — % — % — % — % — % — % Quarter Ended September 30, 2022 Commercial Commercial (In Thousands) Single-family Multi-family Real Estate Construction Other Business Consumer Total ACL: Allowance at beginning of period $ 1,383 $ 3,282 $ 816 $ 23 $ 3 $ 52 $ 5 $ 5,564 Provision for (reversal of) credit losses 63 23 (10) (1) — (4) (1) 70 Recoveries 4 — — — — — — 4 Charge-offs — — — — — — — — ACL, end of period $ 1,450 $ 3,305 $ 806 $ 22 $ 3 $ 48 $ 4 $ 5,638 ACL: Individually evaluated for impairment $ 38 $ — $ — $ — $ — $ — $ — $ 38 Collectively evaluated for impairment 1,412 3,305 806 22 3 48 4 5,600 ACL, end of period $ 1,450 $ 3,305 $ 806 $ 22 $ 3 $ 48 $ 4 $ 5,638 Loans held for investment: Individually evaluated for impairment $ 819 $ — $ — $ — $ — $ — $ — $ 819 Collectively evaluated for impairment 428,756 468,031 89,339 3,151 118 1,117 70 990,582 Total loans held for investment, gross $ 429,575 $ 468,031 $ 89,339 $ 3,151 $ 118 $ 1,117 $ 70 $ 991,401 ACL as a percentage of gross loans held for investment 0.34 % 0.71 % 0.90 % 0.70 % 2.54 % 4.30 % 5.71 % 0.57 % Net (recoveries) charge-offs to average loans receivable, net during the period (0.01) % — % — % — % — % — % — % — %
Schedule of recorded investment in restructured loans	At September 30, 2023 Unpaid Net Principal Related Recorded Recorded (In Thousands) Balance Charge-offs Investment Allowance (1) Investment Mortgage loans: Single-family: With a related allowance $ 1,158 $ — $ 1,158 $ (47) $ 1,111 Without a related allowance (2) 275 (25) 250 — 250 Total single-family loans 1,433 (25) 1,408 (47) 1,361 Total non-performing loans $ 1,433 $ (25) $ 1,408 $ (47) $ 1,361 (1) Consists of an ACL, specifically assigned to the individual loan. (2) There was no related ACL because the loans were charged-off to their fair value or the fair value of the collateral was higher than the loan balance. At June 30, 2023 Unpaid Related Net Principal Charge-offs Recorded Recorded (In Thousands) Balance Related Investment Allowance (1) Investment Mortgage loans: Single-family: With a related allowance $ 1,171 $ — $ 1,171 $ (122) $ 1,049 Without a related allowance (2) 276 (25) 251 — 251 Total single-family loans 1,447 (25) 1,422 (122) 1,300 Total non-performing loans $ 1,447 $ (25) $ 1,422 $ (122) $ 1,300 (1) Consists of an ACL, specifically assigned to the individual loan. (2) There was no related ACL because the loans were charged-off to their fair value or the fair value of the collateral was higher than the loan balance.
Schedule of recorded investment in non-performing loans	Quarter Ended September 30, 2023 2022 Average Interest Average Interest Recorded Income Recorded Income (In Thousands) Investment Recognized Investment Recognized Without related allowances: Mortgage loans: Single-family $ 250 $ — $ 127 $ — 250 — 127 — With related allowances: Mortgage loans: Single-family 1,163 18 991 5 1,163 18 991 5 Total $ 1,413 $ 18 $ 1,118 $ 5

Derivative and Other Financia_2

Derivative and Other Financial Instruments with Off-Balance Sheet Risks (Tables)	3 Months Ended
	Sep. 30, 2023
Derivative and Other Financial Instruments with Off-Balance Sheet Risks
Schedule of undisbursed funds commitments	Commitments September 30, 2023 June 30, 2023 (In Thousands) Undisbursed loan funds – Construction loans $ 1,231 $ 2,032 Undisbursed lines of credit – Commercial business loans 516 607 Undisbursed lines of credit – Consumer loans 363 363 Commitments to extend credit on loans to be held for investment 6,706 2,394 Total $ 8,816 $ 5,396
Schedule of allowance for credit losses of undisbursed funds and commitments on loans held for investment	For the Quarter Ended September 30, (In Thousands) 2023 2022 Balance, beginning of the period $ 42 $ 130 Impact of ASC 326 CECL adoption — — Provision for credit losses 9 7 Balance, end of the period $ 51 $ 137
Schedule of summary of recourse liability	For the Quarter Ended September 30, Recourse Liability 2023 2022 (In Thousands) Balance, beginning of the period $ 33 $ 160 Provision for recourse liability — — Net settlements in lieu of loan repurchases — — Balance, end of the period $ 33 $ 160

Fair Value of Financial Instr_2

Fair Value of Financial Instruments (Tables)	3 Months Ended
Fair Value of Financial Instruments (Tables)	Sep. 30, 2023
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 September 30, 2023: Loans held for investment, at fair value $ 1,061 $ 1,256 $ (195) As of June 30, 2023: Loans held for investment, at fair value $ 1,312 $ 1,483 $ (171)
Schedule of fair value, assets and liabilities measured on recurring basis	Fair Value Measurement at September 30, 2023 Using: (In Thousands) Level 1 Level 2 Level 3 Total Assets: Investment securities - available for sale: U.S. government agency MBS $ — $ 1,340 $ — $ 1,340 U.S. government sponsored enterprise MBS — 652 — 652 Private issue CMO — — 98 98 Investment securities - available for sale — 1,992 98 2,090 Loans held for investment, at fair value — — 1,061 1,061 Interest-only strips — — 9 9 Total assets $ — $ 1,992 $ 1,168 $ 3,160 Liabilities: $ — $ — $ — $ — Total liabilities $ — $ — $ — $ — Fair Value Measurement at June 30, 2023 Using: (In Thousands) Level 1 Level 2 Level 3 Total Assets: Investment securities - available for sale: U.S. government agency MBS $ — $ 1,370 $ — $ 1,370 U.S. government sponsored enterprise MBS — 683 — 683 Private issue CMO — — 102 102 Investment securities - available for sale — 2,053 102 2,155 Loans held for investment, at fair value — — 1,312 1,312 Interest-only strips — — 9 9 Total assets $ — $ 2,053 $ 1,423 $ 3,476 Liabilities: $ — $ — $ — $ — Total liabilities $ — $ — $ — $ —
Schedule for reconciliation of recurring fair value measurements using level 3 inputs	For the Quarter Ended September 30, 2023 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, 2023 $ 102 $ 1,312 $ 9 $ 1,423 Adjustment due to ASC 326 CECL adoption — 28 — 28 Total gains or losses (realized/unrealized): Included in earnings — (52) — (52) Included in other comprehensive loss (1) — — (1) Purchases — — — — Issuances — — — — Settlements (3) (227) — (230) Transfers in and/or out of Level 3 — — — — Ending balance at September 30, 2023 $ 98 $ 1,061 $ 9 $ 1,168 (1) The valuation of loans held for investment at fair value includes 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. For the Quarter Ended September 30, 2022 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, 2022 $ 113 $ 1,396 $ 7 $ 1,516 Total gains or losses (realized/unrealized): Included in earnings — (26) — (26) Included in other comprehensive loss (1) — — (1) Purchases — — — — Issuances — — — — Settlements (5) (20) — (25) Transfers in and/or out of Level 3 — — — — Ending balance at September 30, 2022 $ 107 $ 1,350 $ 7 $ 1,464 (1) The valuation of loans held for investment at fair value includes 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.
Schedule of fair value assets measured on nonrecurring basis	Fair Value Measurement at September 30, 2023 Using: (In Thousands) Level 1 Level 2 Level 3 Total Loans with individually evaluated allowance $ — $ — $ 703 $ 703 Mortgage servicing assets — — 67 67 Total $ — $ — $ 770 $ 770 Fair Value Measurement at June 30, 2023 Using: (In Thousands) Level 1 Level 2 Level 3 Total Loans with individually evaluated allowance $ — $ 251 $ 1,049 $ 1,300 Mortgage servicing assets — — 90 90 Total $ — $ 251 $ 1,139 $ 1,390
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, which are measured at fair value and categorized within Level 3 as of September 30, 2023: Impact to Fair Value Valuation As of from an September 30, Valuation Range (1) Increase in (Dollars In Thousands) 2023 Techniques Unobservable Inputs (Weighted Average) Inputs (2) Assets: Securities available-for sale: Private issue CMO $ 98 Market comparable pricing Comparability adjustment (1.7%) - (6.6%) (2.7%) Increase Loans held for investment, at fair value $ 1,061 Relative value analysis Broker quotes 84.4% - 87.6% (85.6%) Increase ACL factors 0.0% - 1.2% (1.1%) Decrease Loans with individually evaluated allowance $ 703 Discounted cash flow Default rates 5.0% Decrease Mortgage servicing assets $ 67 Discounted cash flow Prepayment speed (CPR) 4.7% - 60.0% (8.1%) Decrease Discount rate 9.0% - 10.5% (9.1%) Decrease Interest-only strips $ 9 Discounted cash flow Prepayment speed (CPR) 6.4% - 8.9% (8.0%) 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 asset instruments 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.
Schedule of carrying amount and fair value of financial instruments	September 30, 2023 Carrying Fair (In Thousands) Amount Value Level 1 Level 2 Level 3 Financial assets: Loans held for investment, not recorded at fair value $ 1,071,109 $ 966,437 $ — $ — $ 966,437 Investment securities - held to maturity $ 147,574 $ 126,851 $ — $ 126,851 $ — FHLB – San Francisco stock $ 9,505 $ 9,505 $ — $ 9,505 $ — Financial liabilities: Deposits $ 931,131 $ 928,497 $ — $ 928,497 $ — Borrowings $ 235,009 $ 232,686 $ — $ 232,686 $ — June 30, 2023 Carrying Fair (In Thousands) Amount Value Level 1 Level 2 Level 3 Financial assets: Loans held for investment, not recorded at fair value $ 1,076,317 $ 970,277 $ — $ — $ 970,277 Investment securities - held to maturity $ 154,337 $ 135,541 $ — $ 135,541 $ — FHLB – San Francisco stock $ 9,505 $ 9,505 $ — $ 9,505 $ — Financial liabilities: Deposits $ 950,571 $ 949,116 $ — $ 949,116 $ — Borrowings $ 235,009 $ 232,764 $ — $ 232,764 $ —

Revenue From Contracts With C_2

Revenue From Contracts With Customers (Tables)	3 Months Ended
Revenue From Contracts With Customers (Tables)	Sep. 30, 2023
Revenue From Contracts With Customers
Schedule of non-interest income disaggregated by type of service	The following table includes the Corporation's non-interest income disaggregated by type of services for the quarters ended September 30, 2023 and 2022: Quarter Ended September 30, Type of Services 2023 2022 (In Thousands) Loan servicing and other fees (1) $ (21) $ 108 Deposit account fees 288 343 Card and processing fees 353 381 Other (2) 131 171 Total non-interest income $ 751 $ 1,003 (1) Not within the scope of ASC 606. (2) Includes net BOLI income of $46 thousand for both quarters ended September 30, 2023 and 2022 , which are not within the scope of ASC 606.

Leases (Tables)

Leases (Tables)	3 Months Ended
Leases (Tables)	Sep. 30, 2023
Leases
Schedule of supplemental information related to operating leases	As of (In Thousands) September 30, 2023 June 30, 2023 Condensed Consolidated Statements of Condition: Premises and equipment - Operating lease right of use assets $ 1,934 $ 2,147 Accounts payable, accrued interest and other liabilities – Operating lease liabilities $ 1,968 $ 2,169 Quarter Ended September 30, (In Thousands) 2023 2022 Condensed Consolidated Statements of Operations: Premises and occupancy expenses from operating leases (1) $ 213 $ 193 Equipment expenses from operating leases 34 22 Total lease expense $ 247 $ 215 (1) Includes immaterial variable lease costs. Quarter Ended Quarter Ended (In Thousands) September 30, 2023 September 30, 2022 Condensed Consolidated Statements of Cash Flows: Operating cash flows from operating leases, net $ 231 $ 219
Schedule of remaining minimum contractual lease payments and other information associated with leases	Amount (1) Year Ending June 30, (In Thousands) 2024 $ 649 2025 674 2026 383 2027 188 2028 151 Thereafter 33 Total contract lease payments $ 2,078 Total liability to make lease payments $ 1,968 Difference in undiscounted and discounted future lease payments $ 110 Weighted average discount rate 3.16 % Weighted average remaining lease term (years) 3.2 (1) Contractual base rents do not include property taxes and other operating expenses due under respective lease agreements.

Accounting Standard Updates - A

Accounting Standard Updates - ACL from the adoption of ASC 326 (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Jun. 30, 2023
Accounting standard updates ("ASU")
ACL on loans	$ 7,679	$ 5,946
Unfunded loan commitment reserve
Accounting standard updates ("ASU")
Unfunded loan commitment reserve		42
Mortgage loans \| Single-family
Accounting standard updates ("ASU")
ACL on loans	6,875	1,720
Mortgage loans \| Multi Family
Accounting standard updates ("ASU")
ACL on loans	659	3,270
Mortgage loans \| Mortgage loans, Commercial real estate
Accounting standard updates ("ASU")
ACL on loans		868
Mortgage loans \| Construction
Accounting standard updates ("ASU")
ACL on loans	54	15
Mortgage loans \| Other
Accounting standard updates ("ASU")
ACL on loans	4	2
Commercial business loans
Accounting standard updates ("ASU")
ACL on loans	$ 11	67
Consumer loans
Accounting standard updates ("ASU")
ACL on loans		4
ASU 2016-13 \| Allowance for credit losses under ASC 326
Accounting standard updates ("ASU")
ACL on loans		7,143
ASU 2016-13 \| Allowance for credit losses under ASC 326 \| Unfunded loan commitment reserve
Accounting standard updates ("ASU")
Unfunded loan commitment reserve		42
ASU 2016-13 \| Allowance for credit losses under ASC 326 \| Mortgage loans \| Single-family
Accounting standard updates ("ASU")
ACL on loans		6,325
ASU 2016-13 \| Allowance for credit losses under ASC 326 \| Mortgage loans \| Multi Family
Accounting standard updates ("ASU")
ACL on loans		656
ASU 2016-13 \| Allowance for credit losses under ASC 326 \| Mortgage loans \| Mortgage loans, Commercial real estate
Accounting standard updates ("ASU")
ACL on loans		82
ASU 2016-13 \| Allowance for credit losses under ASC 326 \| Mortgage loans \| Construction
Accounting standard updates ("ASU")
ACL on loans		62
ASU 2016-13 \| Allowance for credit losses under ASC 326 \| Mortgage loans \| Other
Accounting standard updates ("ASU")
ACL on loans		5
ASU 2016-13 \| Allowance for credit losses under ASC 326 \| Commercial business loans
Accounting standard updates ("ASU")
ACL on loans		13
ASU 2016-13 \| Impact to allowance after ASC 326 adoption
Accounting standard updates ("ASU")
ACL on loans		1,197
ASU 2016-13 \| Impact to allowance after ASC 326 adoption \| Mortgage loans \| Single-family
Accounting standard updates ("ASU")
ACL on loans		4,605
ASU 2016-13 \| Impact to allowance after ASC 326 adoption \| Mortgage loans \| Multi Family
Accounting standard updates ("ASU")
ACL on loans		(2,614)
ASU 2016-13 \| Impact to allowance after ASC 326 adoption \| Mortgage loans \| Mortgage loans, Commercial real estate
Accounting standard updates ("ASU")
ACL on loans		(786)
ASU 2016-13 \| Impact to allowance after ASC 326 adoption \| Mortgage loans \| Construction
Accounting standard updates ("ASU")
ACL on loans		47
ASU 2016-13 \| Impact to allowance after ASC 326 adoption \| Mortgage loans \| Other
Accounting standard updates ("ASU")
ACL on loans		3
ASU 2016-13 \| Impact to allowance after ASC 326 adoption \| Commercial business loans
Accounting standard updates ("ASU")
ACL on loans		(54)
ASU 2016-13 \| Impact to allowance after ASC 326 adoption \| Consumer loans
Accounting standard updates ("ASU")
ACL on loans		$ (4)

Accounting Standard Updates (_3

Accounting Standard Updates ("ASU") - Additional information (Details) - USD ($)	Sep. 30, 2023	Jun. 30, 2023
Accounting standard updates ("ASU")
Loans held for investment fair value (in dollars)	$ 1,061,000	$ 1,312,000
Retained Earnings (Accumulated Deficit)	207,231,000	207,274,000
Impact to allowance after ASC 326 adoption \| ASU 2016-13
Accounting standard updates ("ASU")
Transition adjustment of the adoption of CECL	1,200,000
Retained Earnings (Accumulated Deficit)	$ (824,000)
LIBOR
Accounting standard updates ("ASU")
Loans held for investment fair value (in dollars)		$ 469,400,000

Earnings Per Share - Summary of

Earnings Per Share - Summary of Earnings Per Share Basic and Diluted (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Numerator:
Net income - numerator for basic earnings per share and diluted earnings per share - available to common stockholders	$ 1,762	$ 2,090
Denominator for basic earnings per share:
Weighted-average shares	7,017	7,273
Denominator for diluted earnings per share:
Adjusted weighted-average shares and assumed conversions	7,027	7,310
Basic earnings per share	$ 0.25	$ 0.29
Diluted earnings per share	$ 0.25	$ 0.29
Restricted Stock
Denominator for basic earnings per share:
Effect of dilutive shares	10	37

Earnings Per Share - Additional

Earnings Per Share - Additional Information (Details) - shares	Sep. 30, 2023	Sep. 30, 2022
Earnings Per Share
Stock options, outstanding	434,500	461,000
Restricted stock, outstanding	51,000	147,750

Investment Securities - Schedul

Investment Securities - Schedule of amortized cost and estimated fair value of Held to maturity investments (Details) - USD ($) $ in Thousands	Sep. 30, 2023		Jun. 30, 2023
Held to maturity
Amortized Cost	$ 147,574		$ 154,337
Gross Unrealized Gains	1		0
Gross Unrealized (Losses)	(20,724)		(18,796)
Estimated Fair Value	126,851		135,541
Carrying Value	147,574		154,337
U.S. government sponsored enterprise MBS
Held to maturity
Amortized Cost	143,070	[1]	149,803
Gross Unrealized Gains	1	[1]	0
Gross Unrealized (Losses)	(20,376)	[1]	(18,459)
Estimated Fair Value	122,695	[1]	131,344
Carrying Value	143,070	[1]	149,803
U.S. government sponsored enterprise CMO
Held to maturity
Amortized Cost	3,870	[2]	3,883
Gross Unrealized Gains	0	[2]	0
Gross Unrealized (Losses)	(347)	[2]	(336)
Estimated Fair Value	3,523	[2]	3,547
Carrying Value	3,870	[2]	3,883
U.S. SBA securities
Held to maturity
Amortized Cost	634	[3]	651
Gross Unrealized Gains	0	[3]	0
Gross Unrealized (Losses)	(1)	[3]	(1)
Estimated Fair Value	633	[3]	650
Carrying Value	$ 634	[3]	$ 651

[1]Mortgage-Backed Securities (“MBS”).[2]Collateralized Mortgage Obligations (“CMO”).[3]Small Business Administration (“SBA”).

Investment Securities - Sched_2

Investment Securities - Schedule of amortized cost and estimated fair value of Available for sale securities (Details) - USD ($) $ in Thousands	Sep. 30, 2023		Jun. 30, 2023
Available for sale
Amortized Cost	$ 2,142		$ 2,217
Gross Unrealized Gains	0		0
Gross Unrealized (Losses)	(52)		(62)
Estimated Fair Value	2,090		2,155
U.S. government agency MBS
Available for sale
Amortized Cost	1,379		1,417
Gross Unrealized Gains	0		0
Gross Unrealized (Losses)	(39)		(47)
Estimated Fair Value	1,340		1,370
U.S. government sponsored enterprise MBS
Available for sale
Amortized Cost	662		697
Gross Unrealized Gains	0		0
Gross Unrealized (Losses)	(10)		(14)
Estimated Fair Value	652		683
Private issue CMO
Available for sale
Amortized Cost	101	[1]	103
Gross Unrealized Gains	0	[1]	0
Gross Unrealized (Losses)	(3)	[1]	(1)
Estimated Fair Value	$ 98	[1]	$ 102

[1]Collateralized Mortgage Obligations (“CMO”).

Investment Securities - Total i

Investment Securities - Total investment securities for amortized cost and estimated fair value (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Jun. 30, 2023
Investment Securities
Amortized Cost	$ 149,716	$ 156,554
Gross Unrealized Gains	1	0
Gross Unrealized (Losses)	(20,776)	(18,858)
Estimated Fair Value	128,941	137,696
Carrying Value	$ 149,664	$ 156,492

Investment Securities - Investm

Investment Securities - Investments with Unrealized Loss Positions for Held to maturity (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Jun. 30, 2023
Schedule of Held-to-maturity Securities [Line Items]
Unrealized Holding Losses Less Than 12 Months, Fair Value	$ 2,237	$ 11,489
Unrealized Holding Losses Less Than 12 Months, Unrealized Losses	3	254
Unrealized Holding Losses 12 Months or More, Fair Value	123,358	124,053
Unrealized Holding Losses 12 Months or More, Unrealized Losses	20,721	18,542
Unrealized Holding Losses Total, Fair Value	125,595	135,542
Unrealized Holding Losses Total, Unrealized Losses	20,724	18,796
U.S. government sponsored enterprise MBS
Schedule of Held-to-maturity Securities [Line Items]
Unrealized Holding Losses Less Than 12 Months, Fair Value	2,237	10,839
Unrealized Holding Losses Less Than 12 Months, Unrealized Losses	3	253
Unrealized Holding Losses 12 Months or More, Fair Value	119,202	120,506
Unrealized Holding Losses 12 Months or More, Unrealized Losses	20,373	18,206
Unrealized Holding Losses Total, Fair Value	121,439	131,345
Unrealized Holding Losses Total, Unrealized Losses	20,376	18,459
U.S. government sponsored enterprise CMO
Schedule of Held-to-maturity Securities [Line Items]
Unrealized Holding Losses 12 Months or More, Fair Value	3,523	3,547
Unrealized Holding Losses 12 Months or More, Unrealized Losses	347	336
Unrealized Holding Losses Total, Fair Value	3,523	3,547
Unrealized Holding Losses Total, Unrealized Losses	347	336
U.S. SBA securities
Schedule of Held-to-maturity Securities [Line Items]
Unrealized Holding Losses Less Than 12 Months, Fair Value		650
Unrealized Holding Losses Less Than 12 Months, Unrealized Losses		1
Unrealized Holding Losses 12 Months or More, Fair Value	633
Unrealized Holding Losses 12 Months or More, Unrealized Losses	1
Unrealized Holding Losses Total, Fair Value	633	650
Unrealized Holding Losses Total, Unrealized Losses	$ 1	$ 1

Investment Securities - Inves_2

Investment Securities - Investments with Unrealized Loss Positions for Available for sale (Details) $ in Thousands	Sep. 30, 2023 USD ($)	Jun. 30, 2023 USD ($)
Schedule of Available-for-sale Securities [Line Items]
Unrealized Holding Losses, Less Than 12 Months, Fair Value	62	783
Unrealized Holding Losses, Less Than 12 Months, Unrealized Losses	$ 1	$ 22
Unrealized Holding Losses, 12 Months or More, Fair Value	1,996	1,333
Unrealized Holding Losses, 12 Months or More, Unrealized Losses	51	40
Unrealized Holding Losses Total, Fair Value	2,058	2,116
Unrealized Holding Losses Total, Unrealized Losses	52	62
Private Issue CMO
Schedule of Available-for-sale Securities [Line Items]
Unrealized Holding Losses, 12 Months or More, Fair Value		102
Unrealized Holding Losses, 12 Months or More, Unrealized Losses		1
Unrealized Holding Losses Total, Fair Value		102
Unrealized Holding Losses Total, Unrealized Losses		$ 1
U.S. government agency MBS
Schedule of Available-for-sale Securities [Line Items]
Unrealized Holding Losses, Less Than 12 Months, Fair Value		696
Unrealized Holding Losses, Less Than 12 Months, Unrealized Losses		$ 20
Unrealized Holding Losses, 12 Months or More, Fair Value	1,340	673
Unrealized Holding Losses, 12 Months or More, Unrealized Losses	39	27
Unrealized Holding Losses Total, Fair Value	1,340	1,369
Unrealized Holding Losses Total, Unrealized Losses	$ 39	$ 47
U.S. government sponsored enterprise MBS
Schedule of Available-for-sale Securities [Line Items]
Unrealized Holding Losses, Less Than 12 Months, Fair Value	62	87
Unrealized Holding Losses, Less Than 12 Months, Unrealized Losses	$ 1	$ 2
Unrealized Holding Losses, 12 Months or More, Fair Value	558	558
Unrealized Holding Losses, 12 Months or More, Unrealized Losses	9	12
Unrealized Holding Losses Total, Fair Value	620	645
Unrealized Holding Losses Total, Unrealized Losses	10	$ 14
Private issue CMO
Schedule of Available-for-sale Securities [Line Items]
Unrealized Holding Losses, 12 Months or More, Fair Value	98
Unrealized Holding Losses, 12 Months or More, Unrealized Losses	3
Unrealized Holding Losses Total, Fair Value	98
Unrealized Holding Losses Total, Unrealized Losses	$ 3

Investment Securities - Inves_3

Investment Securities - Investments with Unrealized Loss Positions for total investment securities (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Jun. 30, 2023
Schedule of Available-for-sale Securities [Line Items]
Unrealized Holding Losses Less Than 12 Months, Fair Value	$ 2,299	$ 12,272
Unrealized Holding Losses Less Than 12 Months, Unrealized Losses	4	276
Unrealized Holding Losses 12 Months or More, Fair Value	125,354	125,386
Unrealized Holding Losses 12 Months or More, Unrealized Losses	20,772	18,582
Unrealized Holding Losses Total, Fair Value	127,653	137,658
Unrealized Holding Losses Total, Unrealized Losses	20,776	$ 18,858
Allowance for credit losses on investment securities	0
U.S. Government sponsored enterprise securities
Schedule of Available-for-sale Securities [Line Items]
Allowance for credit losses on investment securities	$ 0

Investment Securities - Borrowi

Investment Securities - Borrowings (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Jun. 30, 2023
Short-Term Debt [Line Items]
Total balance of loans	$ 1,061		$ 1,312
Impairment losses on investment securities	0	$ 0
Pledged as Collateral \| Pledged to FRB
Short-Term Debt [Line Items]
Total balance of loans	106,600		0
Federal Home Loan Bank Advances
Short-Term Debt [Line Items]
Federal Home Loan Bank advances, unused borrowing facility	286,900		287,900
Pledged to FRB \| Discount Window Facility
Short-Term Debt [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	185,300		139,000
Securities held as collateral	143,600		150,300
Advances outstanding	0		0
Federal Funds Purchased
Short-Term Debt [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	$ 50,000		$ 50,000

Investment Securities - Sched_3

Investment Securities - Schedule of Available for Sale Securities by Contractual Maturity (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Jun. 30, 2023
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	569	590
Due after ten years	1,573	1,627
Total investment securities - available for sale, Amortized Cost	2,142	2,217
Amortized Cost	149,716	156,554
Available for sale, Estimated Fair Value
Due in one year or less	0	0
Due after one through five years	0	0
Due after five through ten years	560	580
Due after ten years	1,530	1,575
Total investment securities - available for sale, Estimated Fair Value	2,090	2,155
Estimated Fair Value	$ 128,941	$ 137,696

Investment Securities - Sched_4

Investment Securities - Schedule of Held to maturity Securities by Contractual Maturity (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Jun. 30, 2023
Held to maturity, Amortized Cost
Due in one year or less	$ 101	$ 303
Due after one through five years	6,861	7,686
Due after five through ten years	57,770	61,043
Due after ten years	82,842	85,305
Total investment securities - held to maturity, Amortized Cost	147,574	154,337
Held to maturity, Estimated Fair Value
Due in one year or less	100	300
Due after one through five years	6,557	7,365
Due after five through ten years	51,267	54,686
Due after ten years	68,927	73,190
Total investment securities - held to maturity, Estimated Fair Value	$ 126,851	$ 135,541

Investment Securities - Additio

Investment Securities - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Jun. 30, 2023
Debt Securities, Available-for-sale [Line Items]
Unrealized Holding Losses Total, Unrealized Losses	$ 20,776		$ 18,858
Unrealized Holding Losses 12 Months or More, Unrealized Losses	20,721		18,542
Unrealized holding losses, 12 months or more	20,721		18,542
U.S. government sponsored enterprise CMO
Debt Securities, Available-for-sale [Line Items]
Unrealized Holding Losses 12 Months or More, Unrealized Losses	347		336
Unrealized holding losses, 12 months or more	347		336
U.S. government sponsored enterprise MBS
Debt Securities, Available-for-sale [Line Items]
Principal payments from investment securities	6,700	$ 9,300
Proceeds from sale of investment securities available for sale	0	$ 0
Unrealized Holding Losses 12 Months or More, Unrealized Losses	20,373		18,206
Unrealized holding losses, 12 months or more	$ 20,373		$ 18,206

Loans Held for Investment - Sch

Loans Held for Investment - Schedule of Loans Held for Investment (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Jun. 30, 2023	Sep. 30, 2022	Jun. 30, 2022
Loans Held for Investment (Pre Adoption of ASU 2016-13)
Total loans held for investment, gross		$ 1,074,164	$ 991,401
Advance payments of escrows	$ 125	148
Deferred loan costs, net		9,263
Allowance for credit losses		(5,946)	(5,638)	$ (5,564)
Total loans held for investment, net		1,077,629
Loans Held for Investment (Post Adoption of ASU 2016-13)
Total loans held for investment, gross	1,070,468	1,074,164
Advance payments of escrows	125	148
Deferred loan costs, net	9,256
ACL on loans	(7,679)	(5,946)
Total loans held for investment, net	1,072,170
Mortgage loans \| Single-family
Loans Held for Investment (Pre Adoption of ASU 2016-13)
Total loans held for investment, gross		518,821	429,575
Allowance for credit losses		(1,720)	(1,450)	(1,383)
Loans Held for Investment (Post Adoption of ASU 2016-13)
Total loans held for investment, gross	521,576	518,821
ACL on loans	(6,875)	(1,720)
Mortgage loans \| Multi Family
Loans Held for Investment (Pre Adoption of ASU 2016-13)
Total loans held for investment, gross		461,113	468,031
Allowance for credit losses		(3,270)	(3,305)	(3,282)
Loans Held for Investment (Post Adoption of ASU 2016-13)
Total loans held for investment, gross	457,351	461,113
ACL on loans	(659)	(3,270)
Mortgage loans \| Commercial real estate
Loans Held for Investment (Pre Adoption of ASU 2016-13)
Total loans held for investment, gross		90,558	89,339
Allowance for credit losses		(868)	(806)	(816)
Loans Held for Investment (Post Adoption of ASU 2016-13)
Total loans held for investment, gross	87,954	90,558
ACL on loans	(76)
Mortgage loans \| Construction
Loans Held for Investment (Pre Adoption of ASU 2016-13)
Total loans held for investment, gross		1,936	3,151
Allowance for credit losses		(15)	(22)	(23)
Loans Held for Investment (Post Adoption of ASU 2016-13)
Total loans held for investment, gross	2,100	1,936
ACL on loans	(54)	(15)
Mortgage loans \| Other
Loans Held for Investment (Pre Adoption of ASU 2016-13)
Total loans held for investment, gross		106	118
Allowance for credit losses		(2)	(3)	(3)
Loans Held for Investment (Post Adoption of ASU 2016-13)
Total loans held for investment, gross	104	106
ACL on loans	(4)	(2)
Commercial business loans
Loans Held for Investment (Pre Adoption of ASU 2016-13)
Total loans held for investment, gross		1,565	1,117
Allowance for credit losses		(67)	(48)	(52)
Loans Held for Investment (Post Adoption of ASU 2016-13)
Total loans held for investment, gross	1,321	1,565
ACL on loans	(11)	(67)
Consumer loans
Loans Held for Investment (Pre Adoption of ASU 2016-13)
Total loans held for investment, gross		65	70
Allowance for credit losses		(4)	$ (4)	$ (5)
Loans Held for Investment (Post Adoption of ASU 2016-13)
Total loans held for investment, gross	$ 62	65
ACL on loans		$ (4)

Loans Held for Investment - S_2

Loans Held for Investment - Schedule of Loans Held for Investment Contractually Repricing (Details) $ in Thousands	Sep. 30, 2023 USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Fixed Rate	$ 113,586
Total loans held for investment, net	1,072,170
Within One Year [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	258,616
After One Year Through 3 Years [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	192,245
After 3 Years Through 5 Years [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	224,141
After 5 Years Through 10 Years [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	281,880
Mortgage loans \| Single-family
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Fixed Rate	112,094
Mortgage loans \| Single-family \| Within One Year [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	55,866
Mortgage loans \| Single-family \| After One Year Through 3 Years [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	25,584
Mortgage loans \| Single-family \| After 3 Years Through 5 Years [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	78,271
Mortgage loans \| Single-family \| After 5 Years Through 10 Years [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	249,761
Mortgage loans \| Multi Family
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Fixed Rate	119
Mortgage loans \| Multi Family \| Within One Year [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	160,821
Mortgage loans \| Multi Family \| After One Year Through 3 Years [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	153,088
Mortgage loans \| Multi Family \| After 3 Years Through 5 Years [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	111,204
Mortgage loans \| Multi Family \| After 5 Years Through 10 Years [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	32,119
Mortgage loans \| Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Fixed Rate	1,269
Mortgage loans \| Commercial real estate \| Within One Year [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	38,446
Mortgage loans \| Commercial real estate \| After One Year Through 3 Years [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	13,573
Mortgage loans \| Commercial real estate \| After 3 Years Through 5 Years [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	34,666
Mortgage loans \| Construction \| Within One Year [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	2,100
Mortgage loans \| Other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Fixed Rate	104
Commercial business loans \| Within One Year [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	1,321
Consumer loans \| Within One Year [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, Adjustable Rate	$ 62

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	Sep. 30, 2023	Jun. 30, 2023	Sep. 30, 2022
Total loans held for investment, gross		$ 1,074,164	$ 991,401
Investment in loans by risk categories by year of origination (Post Adoption of ASU 2016-13)
2023	$ 93,668	77,502
2022	315,078	319,657
2021	253,984	255,094
2020	91,328	92,750
2019	80,495	81,483
Prior	234,681	246,202
Revolving Loans	1,234	1,476
Total	1,070,468	1,074,164
Mortgage loans \| Single-family
Total loans held for investment, gross		518,821	429,575
Investment in loans by risk categories by year of origination (Post Adoption of ASU 2016-13)
2023	61,583	51,378
2022	213,223	216,989
2021	156,078	157,015
2020	20,841	20,992
2019	11,729	11,793
Prior	58,093	60,622
Revolving Loans	29	32
Total	521,576	518,821
Mortgage loans \| Single-family \| Pass
Total loans held for investment, gross		517,399
Investment in loans by risk categories by year of origination (Post Adoption of ASU 2016-13)
2023	61,583	51,378
2022	213,223	216,989
2021	156,078	157,015
2020	20,591	20,741
2019	11,729	11,793
Prior	56,862	59,451
Revolving Loans	29	32
Total	520,095
Mortgage loans \| Single-family \| Special Mention
Investment in loans by risk categories by year of origination (Post Adoption of ASU 2016-13)
Prior	73
Total	73
Mortgage loans \| Single-family \| Substandard
Total loans held for investment, gross		1,422
Investment in loans by risk categories by year of origination (Post Adoption of ASU 2016-13)
2020	250	251
Prior	1,158	1,171
Total	1,408
Mortgage loans \| Multi Family
Total loans held for investment, gross		461,113	468,031
Investment in loans by risk categories by year of origination (Post Adoption of ASU 2016-13)
2023	22,501	17,429
2022	77,566	77,956
2021	90,915	91,436
2020	63,897	65,127
2019	58,850	59,709
Prior	143,622	149,456
Total	457,351	461,113
Mortgage loans \| Multi Family \| Pass
Total loans held for investment, gross		460,603
Investment in loans by risk categories by year of origination (Post Adoption of ASU 2016-13)
2023	22,501	17,429
2022	77,566	77,956
2021	90,408	90,926
2020	63,897	65,127
2019	58,850	59,709
Prior	143,622	149,456
Total	456,844
Mortgage loans \| Multi Family \| Special Mention
Total loans held for investment, gross		510
Investment in loans by risk categories by year of origination (Post Adoption of ASU 2016-13)
2021	507	510
Total	507
Mortgage loans \| Commercial real estate
Total loans held for investment, gross		90,558	89,339
Investment in loans by risk categories by year of origination (Post Adoption of ASU 2016-13)
2023	9,407	8,586
2022	23,690	23,815
2021	5,489	5,527
2020	6,486	6,525
2019	9,916	9,981
Prior	32,966	36,124
Total	87,954	90,558
Mortgage loans \| Commercial real estate \| Pass
Total loans held for investment, gross		90,011
Investment in loans by risk categories by year of origination (Post Adoption of ASU 2016-13)
2023	9,407	8,586
2022	23,690	23,815
2021	5,489	5,527
2020	6,486	6,525
2019	9,916	9,981
Prior	32,420	35,577
Total	87,408
Mortgage loans \| Commercial real estate \| Substandard
Total loans held for investment, gross		547
Investment in loans by risk categories by year of origination (Post Adoption of ASU 2016-13)
Prior	546	547
Total	546
Mortgage loans \| Construction
Total loans held for investment, gross		1,936	3,151
Investment in loans by risk categories by year of origination (Post Adoption of ASU 2016-13)
2023	160	94
2022	438	726
2021	1,502	1,116
Total	2,100	1,936
Mortgage loans \| Construction \| Pass
Total loans held for investment, gross		1,936
Investment in loans by risk categories by year of origination (Post Adoption of ASU 2016-13)
2023	160	94
2022	438	726
2021	1,502	1,116
Total	2,100
Mortgage loans \| Other
Total loans held for investment, gross		106	118
Investment in loans by risk categories by year of origination (Post Adoption of ASU 2016-13)
2020	104	106
Total	104	106
Mortgage loans \| Other \| Pass
Total loans held for investment, gross		106
Investment in loans by risk categories by year of origination (Post Adoption of ASU 2016-13)
2020	104	106
Total	104
Commercial business loans
Total loans held for investment, gross		1,565	1,117
Investment in loans by risk categories by year of origination (Post Adoption of ASU 2016-13)
2022	161	171
Revolving Loans	1,160	1,394
Total	1,321	1,565
Commercial business loans \| Pass
Total loans held for investment, gross		1,565
Investment in loans by risk categories by year of origination (Post Adoption of ASU 2016-13)
2022	161	171
Revolving Loans	1,160	1,394
Total	1,321
Consumer loans
Total loans held for investment, gross		65	$ 70
Investment in loans by risk categories by year of origination (Post Adoption of ASU 2016-13)
2023	17	15
Revolving Loans	45	50
Total	62	65
Consumer loans \| Not graded
Total loans held for investment, gross		15
Investment in loans by risk categories by year of origination (Post Adoption of ASU 2016-13)
2023	17	15
Total	17
Consumer loans \| Pass
Total loans held for investment, gross		50
Investment in loans by risk categories by year of origination (Post Adoption of ASU 2016-13)
Revolving Loans	45	$ 50
Total	$ 45

Loans Held For Investment - All

Loans Held For Investment - Allowance Roll-forward (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Allowance for Loan and Lease Losses [Roll Forward]
ACL, beginning of the period	$ 5,946	$ 5,564
Provision for credit losses		70
Total recoveries		4
Net recoveries (charge-offs)		4
ACL, end of period		$ 5,638
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Provision for credit losses	536
Allowance at end of period	$ 7,679
ACL as a percentage of gross loans held for investment at the end of the period	0.72%	0.57%
Net (recoveries) charge-offs as a percentage of average loans receivable, net, during the period	0%	0%
ACL as a percentage of gross non-performing loans	545.38%	537.98%
Mortgage loans \| Single-family
Allowance for Loan and Lease Losses [Roll Forward]
ACL, beginning of the period	$ 1,720	$ 1,383
Provision for credit losses		63
Total recoveries		4
ACL, end of period		$ 1,450
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Provision for credit losses	550
Allowance at end of period	$ 6,875
ACL as a percentage of gross loans held for investment at the end of the period	1.32%	0.34%
Net (recoveries) charge-offs as a percentage of average loans receivable, net, during the period		(0.01%)
Impact to allowance after ASC 326 adoption
Allowance for Loan and Lease Losses [Roll Forward]
ACL, beginning of the period	$ 1,197
ACL, end of period	1,197
Impact to allowance after ASC 326 adoption \| Mortgage loans \| Single-family
Allowance for Loan and Lease Losses [Roll Forward]
ACL, beginning of the period	$ 4,605

Loans Held for Investment - S_4

Loans Held for Investment - Schedule of Past Due Status of Loans Held for Investment, Gross (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Jun. 30, 2023
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-Performing	$ 1,408	$ 1,422
Total loans held for investment, gross	1,070,468	1,074,164
Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans held for investment, gross	1,068,986	1,072,741
30 to 89 days
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans held for investment, gross	74	1
Commercial business loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans held for investment, gross	1,321	1,565
Commercial business loans \| Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans held for investment, gross	1,321	1,565
Consumer loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans held for investment, gross	62	65
Consumer loans \| Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans held for investment, gross	61	64
Consumer loans \| 30 to 89 days
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans held for investment, gross	1	1
Single-family \| Mortgage loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-Performing	1,408	1,422
Total loans held for investment, gross	521,576	518,821
Single-family \| Mortgage loans \| Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans held for investment, gross	520,095	517,399
Single-family \| Mortgage loans \| 30 to 89 days
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans held for investment, gross	73
Multi Family \| Mortgage loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans held for investment, gross	457,351	461,113
Multi Family \| Mortgage loans \| Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans held for investment, gross	457,351	461,113
Commercial real estate \| Mortgage loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans held for investment, gross	87,954	90,558
Commercial real estate \| Mortgage loans \| Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans held for investment, gross	87,954	90,558
Construction \| Mortgage loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans held for investment, gross	2,100	1,936
Construction \| Mortgage loans \| Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans held for investment, gross	2,100	1,936
Other \| Mortgage loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans held for investment, gross	104	106
Other \| Mortgage loans \| Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans held for investment, gross	$ 104	$ 106

Loans Held for Investment - S_5

Loans Held for Investment - Schedule of Allowance For Credit Losses and Recorded Investment in Gross Loans, by Portfolio Type (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Jun. 30, 2023
Allowance for Loan and Lease Losses [Roll Forward]
ACL, beginning of the period	$ 5,946	$ 5,564
Provision for credit losses		70
Recoveries		4
ACL, end of period		5,638
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Provision for (reversal of) credit losses	536
Allowance at end of period	7,679
Allowance for credit losses: Individually evaluated for impairment	37	38
Allowance for credit losses: Collectively evaluated for impairment	7,642	5,600
Loans held for investment: Individually evaluated for allowances	990	819
Loans held for investment: Collectively evaluated for allowances	1,069,478	990,582
Total loans held for investment, gross		$ 991,401	$ 1,074,164
Total loans held for investment, gross	$ 1,070,468		1,074,164
ACL as a percentage of gross loans held for investment	0.72%	0.57%
Net (recoveries) charge-offs as a percentage of average loans receivable, net, during the period	0%	0%
Impact to allowance after ASC 326 adoption
Allowance for Loan and Lease Losses [Roll Forward]
ACL, beginning of the period	$ 1,197
ACL, end of period	1,197
Mortgage loans \| Single-family
Allowance for Loan and Lease Losses [Roll Forward]
ACL, beginning of the period	1,720	$ 1,383
Provision for credit losses		63
Recoveries		4
ACL, end of period		1,450
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Provision for (reversal of) credit losses	550
Allowance at end of period	6,875
Allowance for credit losses: Individually evaluated for impairment	37	38
Allowance for credit losses: Collectively evaluated for impairment	6,838	1,412
Loans held for investment: Individually evaluated for allowances	990	819
Loans held for investment: Collectively evaluated for allowances	520,586	428,756
Total loans held for investment, gross		$ 429,575	518,821
Total loans held for investment, gross	$ 521,576		518,821
ACL as a percentage of gross loans held for investment	1.32%	0.34%
Net (recoveries) charge-offs as a percentage of average loans receivable, net, during the period		(0.01%)
Mortgage loans \| Single-family \| Impact to allowance after ASC 326 adoption
Allowance for Loan and Lease Losses [Roll Forward]
ACL, beginning of the period	$ 4,605
Mortgage loans \| Multi Family
Allowance for Loan and Lease Losses [Roll Forward]
ACL, beginning of the period	3,270	$ 3,282
Provision for credit losses		23
ACL, end of period		3,305
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Provision for (reversal of) credit losses	3
Allowance at end of period	659
Allowance for credit losses: Collectively evaluated for impairment	659	3,305
Loans held for investment: Collectively evaluated for allowances	457,351	468,031
Total loans held for investment, gross		$ 468,031	461,113
Total loans held for investment, gross	$ 457,351		461,113
ACL as a percentage of gross loans held for investment	0.14%	0.71%
Mortgage loans \| Multi Family \| Impact to allowance after ASC 326 adoption
Allowance for Loan and Lease Losses [Roll Forward]
ACL, beginning of the period	$ (2,614)
Mortgage loans \| Commercial real estate
Allowance for Loan and Lease Losses [Roll Forward]
ACL, beginning of the period	868	$ 816
Provision for credit losses		(10)
ACL, end of period		806
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Provision for (reversal of) credit losses	(6)
Allowance at end of period	76
Allowance for credit losses: Collectively evaluated for impairment	76	806
Loans held for investment: Collectively evaluated for allowances	87,954	89,339
Total loans held for investment, gross		$ 89,339	90,558
Total loans held for investment, gross	$ 87,954		90,558
ACL as a percentage of gross loans held for investment	0.09%	0.90%
Mortgage loans \| Commercial real estate \| Impact to allowance after ASC 326 adoption
Allowance for Loan and Lease Losses [Roll Forward]
ACL, beginning of the period	$ (786)
Mortgage loans \| Construction
Allowance for Loan and Lease Losses [Roll Forward]
ACL, beginning of the period	15	$ 23
Provision for credit losses		(1)
ACL, end of period		22
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Provision for (reversal of) credit losses	(8)
Allowance at end of period	54
Allowance for credit losses: Collectively evaluated for impairment	54	22
Loans held for investment: Collectively evaluated for allowances	2,100	3,151
Total loans held for investment, gross		$ 3,151	1,936
Total loans held for investment, gross	$ 2,100		1,936
ACL as a percentage of gross loans held for investment	2.57%	0.70%
Mortgage loans \| Construction \| Impact to allowance after ASC 326 adoption
Allowance for Loan and Lease Losses [Roll Forward]
ACL, beginning of the period	$ 47
Mortgage loans \| Other
Allowance for Loan and Lease Losses [Roll Forward]
ACL, beginning of the period	2	$ 3
ACL, end of period		3
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Provision for (reversal of) credit losses	(1)
Allowance at end of period	4
Allowance for credit losses: Collectively evaluated for impairment	4	3
Loans held for investment: Collectively evaluated for allowances	104	118
Total loans held for investment, gross		$ 118	106
Total loans held for investment, gross	$ 104		106
ACL as a percentage of gross loans held for investment	3.85%	2.54%
Mortgage loans \| Other \| Impact to allowance after ASC 326 adoption
Allowance for Loan and Lease Losses [Roll Forward]
ACL, beginning of the period	$ 3
Commercial business loans
Allowance for Loan and Lease Losses [Roll Forward]
ACL, beginning of the period	67	$ 52
Provision for credit losses		(4)
ACL, end of period		48
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Provision for (reversal of) credit losses	(2)
Allowance at end of period	11
Allowance for credit losses: Collectively evaluated for impairment	11	48
Loans held for investment: Collectively evaluated for allowances	1,321	1,117
Total loans held for investment, gross		$ 1,117	1,565
Total loans held for investment, gross	$ 1,321		1,565
ACL as a percentage of gross loans held for investment	0.83%	4.30%
Commercial business loans \| Impact to allowance after ASC 326 adoption
Allowance for Loan and Lease Losses [Roll Forward]
ACL, beginning of the period	$ (54)
Consumer loans
Allowance for Loan and Lease Losses [Roll Forward]
ACL, beginning of the period	4	$ 5
Provision for credit losses		(1)
ACL, end of period		4
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Allowance for credit losses: Collectively evaluated for impairment		4
Loans held for investment: Collectively evaluated for allowances	62	70
Total loans held for investment, gross		$ 70	65
Total loans held for investment, gross	62		$ 65
ACL as a percentage of gross loans held for investment		5.71%
Consumer loans \| Impact to allowance after ASC 326 adoption
Allowance for Loan and Lease Losses [Roll Forward]
ACL, beginning of the period	$ (4)

Loans Held for Investment - S_6

Loans Held for Investment - Schedule of Total Recorded Investment in Non-Performing Loans by Type (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Jun. 30, 2023
Financing Receivable, Allowance for Credit Losses [Line Items]
Unpaid Principal Balance	$ 1,433
Unpaid Principal Balance		$ 1,447
Related Charge-Offs	(25)	25
Recorded Investment	1,408
Recorded Investment		1,422
Related Allowance	(47)
Related Allowance		(122)
Recorded Investment, Net of Allowance	1,361	1,300
Mortgage loans \| Single-family
Financing Receivable, Allowance for Credit Losses [Line Items]
With a related allowance Unpaid Principal Balance	1,158
With a related allowance Unpaid Principal Balance		1,171
Without a related allowance, Unpaid Principal Balance	275
Without a related allowance, Unpaid Principal Balance		276
Unpaid Principal Balance	1,433
Unpaid Principal Balance		1,447
With No Related Allowance, Related Charge-Offs	(25)	(25)
Related Charge-Offs	(25)	25
With Related Allowance, Recorded Investment	1,158
With Related Allowance, Recorded Investment		1,171
With No Related Allowance, Recorded Investment	250
With No Related Allowance, Recorded Investment		251
Recorded Investment	1,408
Recorded Investment		1,422
Related Allowance	(47)
Related Allowance		(122)
Recorded Investment, with Related Allowance, Net	1,111	1,049
Recorded Investment, with No Related Allowance, Net	250	251
Recorded Investment, Net of Allowance	$ 1,361	$ 1,300

Loans Held for Investment - S_7

Loans Held for Investment - Schedule of Average Recorded Investment and Interest Income Recognized in Non-Performing Loans (Details) - USD ($)	3 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Financing Receivable, Allowance for Credit Losses [Line Items]
Average Recorded Investment	$ 1,413,000
Average Recorded Investment	1,400,000	$ 1,118,000
Total interest income recognized	18,000
Total interest income recognized	18,000	5,000
Mortgage loans
Financing Receivable, Allowance for Credit Losses [Line Items]
Without related allowances, Average Recorded Investment	250,000
Without related allowances, Average Recorded Investment		127,000
With related allowances, Average Recorded Investment	1,163,000
With related allowances, Average Recorded Investment		991,000
Interest income recognized with a related allowance	18,000
Interest income recognized with a related allowance		5,000
Mortgage loans \| Single-family
Financing Receivable, Allowance for Credit Losses [Line Items]
Without related allowances, Average Recorded Investment	250,000
Without related allowances, Average Recorded Investment		127,000
With related allowances, Average Recorded Investment	1,163,000
With related allowances, Average Recorded Investment		991,000
Interest income recognized with a related allowance	$ 18,000
Interest income recognized with a related allowance		$ 5,000

Loans Held for Investment - Add

Loans Held for Investment - Additional Information (Details)		3 Months Ended
	Jul. 01, 2023 USD ($)	Sep. 30, 2023 USD ($) loan property	Sep. 30, 2022 USD ($) property	Jun. 30, 2023 property
Fixed-rate loans as a percentage of total loans held for investment		11%		11%
Restructured loans amount	$ 1,200,000
Loan interest income added to negative amortization loan balance		$ 0
Loans and Leases Receivable, Impaired, Commitment to Lend		0
Non-performing loans received		18,000	$ 7,000
Non-performing loans interest recognized as principal payments, cost basis		0	2,000
Interest income, non-performing loans, cash basis		18,000	5,000
Average investment in non-performing loans		$ 1,400,000	$ 1,118,000
Number of modified loans \| loan		0
Number of Properties Acquired in Settlement of Loans \| property		0	0
Number of Previously Foreclosed Properties Sold \| property		0	0
Number Of Real Estate Owned Properties \| property		0		0
First Trust Deed Loans
Loans deemed uncollectible, period of delinquency		150 days
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
Maximum
Segregated restructured loans, period of delinquency		90 days
Maximum \| Bankruptcy [Member]
Allowance for loan losses, pooling method, period of delinquency		60 days

Loans Held for Investment - S_8

Loans Held for Investment - Schedule of Allowance for Credit Losses of Undisbursed Funds and Commitments on Loans Held for Investment (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Allowance for Credit Losses [Roll Forward]
(Recovery) provision		$ (4)
Provision for credit losses	$ (9)	(7)
Provision for credit losses		(70)
Commitments to extend credit on loans to be held for sale
Allowance for Credit Losses [Roll Forward]
Balance, beginning of the period	42	130
Balance, end of the period	$ 51	$ 137

Derivative and Other Financia_3

Derivative and Other Financial Instruments with Off-Balance Sheet Risks - Schedule of Undisbursed Funds Commitments (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Jun. 30, 2023
Derivative [Line Items]
Total	$ 8,816	$ 5,396
Undisbursed loan funds - Construction loans
Derivative [Line Items]
Total	1,231	2,032
Undisbursed lines of credit - Commercial business loans
Derivative [Line Items]
Total	516	607
Undisbursed lines of credit - Consumer loans
Derivative [Line Items]
Total	363	363
Commitments to extend credit on loans to be held for investment
Derivative [Line Items]
Total	$ 6,706	$ 2,394

Derivative and Other Financia_4

Derivative and Other Financial Instruments with Off-Balance Sheet Risks - Summary of the recourse liability (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Summary Of Recourse Liability [Roll Forward]
Balance, beginning of the period	$ 33	$ 160
Recovery for recourse liability	0	0
Net settlements in lieu of loan repurchases	0	0
Balance, end of the period	$ 33	$ 160

Derivative and Other Financia_5

Derivative and Other Financial Instruments with Off-Balance Sheet Risks - Additional Information (Details)	3 Months Ended
	Sep. 30, 2023 USD ($) loan	Sep. 30, 2022 USD ($) loan	Jun. 30, 2023 USD ($)	Jun. 30, 2022 USD ($)
Derivative [Line Items]
Outstanding derivative financial instruments	$ 0		$ 0
Number Of Loans Repurchased \| loan	0	0
Recourse Liability	$ 33,000	$ 160,000	33,000	$ 160,000
Commitments to extend credit	$ 3,400,000		3,500,000
Mortgage Partnership Finance (MPF) Program
Derivative [Line Items]
Basis point of loss absorbed by first loss account	0.04
Other Investors \| Mortgage Partnership Finance (MPF) Program
Derivative [Line Items]
Recourse Liability	$ 25,000		25,000
FHLB - San Francisco [Member]
Derivative [Line Items]
Recourse Liability	$ 8,000		$ 8,000

Fair Value of Financial Instr_3

Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Sep. 30, 2023	Jun. 30, 2023
Fair Value of Financial Instruments
Loans held for investment, Aggregate Fair Value	$ 1,061	$ 1,312
Loans held for investment, Aggregate Unpaid Principal Balance	1,256	1,483
Loans held for investment, Net Unrealized Loss	$ (195)	$ (171)

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	Sep. 30, 2023	Jun. 30, 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans held for investment, at fair value	$ 1,061	$ 1,312
Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities - available for sale	2,090	2,155
Loans held for investment, at fair value	1,061	1,312
Interest-only strips	9	9
Total assets	3,160	3,476
Liabilities	0
Total liabilities	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	1,340	1,370
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	652	683
Recurring \| Private issue CMO
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities - available for sale	98	102
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	1,992	2,053
Loans held for investment, at fair value	0	0
Interest-only strips	0	0
Total assets	1,992	2,053
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	1,340	1,370
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	652	683
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	98	102
Loans held for investment, at fair value	1,061	1,312
Interest-only strips	9	9
Total assets	1,168	1,423
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	$ 98	$ 102

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) - Fair Value, Inputs, Level 3 - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	$ 1,423	$ 1,516
Total gains or losses (realized/unrealized) Included in earnings	(52)	(26)
Total gains or losses (realized/unrealized) Included in other comprehensive loss	(1)	(1)
Purchases	0	0
Issuances	0	0
Settlements	(230)	(25)
Transfers in and/or out of Level 3	0	0
Ending balance	1,168	1,464
Impact to allowance after ASC 326 adoption
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	28
Private issue CMO
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	102	113
Total gains or losses (realized/unrealized) Included in earnings	0	0
Total gains or losses (realized/unrealized) Included in other comprehensive loss	(1)	(1)
Purchases	0	0
Issuances	0	0
Settlements	(3)	(5)
Transfers in and/or out of Level 3	0	0
Ending balance	98	107
Private issue CMO \| Impact to allowance after ASC 326 adoption
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	0
Loans Held For Investment at Fair Value
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	1,312	1,396
Total gains or losses (realized/unrealized) Included in earnings	(52)	(26)
Total gains or losses (realized/unrealized) Included in other comprehensive loss	0	0
Purchases	0	0
Issuances	0	0
Settlements	(227)	(20)
Transfers in and/or out of Level 3	0	0
Ending balance	1,061	1,350
Loans Held For Investment at Fair Value \| Impact to allowance after ASC 326 adoption
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	28
Interest-Only Strips
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	9	7
Total gains or losses (realized/unrealized) Included in earnings	0	0
Total gains or losses (realized/unrealized) Included in other comprehensive loss	0	0
Purchases	0	0
Issuances	0	0
Settlements	0	0
Transfers in and/or out of Level 3	0	0
Ending balance	9	$ 7
Interest-Only Strips \| Impact to allowance after ASC 326 adoption
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	$ 0

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	Sep. 30, 2023	Jun. 30, 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans with individually evaluated allowance	$ 703	$ 1,300
Mortgage servicing assets	67	90
Total assets	770	1,390
Fair Value, Inputs, Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans with individually evaluated allowance	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]
Loans with individually evaluated allowance	0	251
Mortgage servicing assets	0	0
Total assets	0	251
Fair Value, Inputs, Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans with individually evaluated allowance	703	1,049
Mortgage servicing assets	67	90
Total assets	$ 770	$ 1,139

Fair Value of Financial Instr_7

Fair Value of Financial Instruments - Valuation techniques and inputs used (Details) - Fair Value, Inputs, Level 3 $ in Thousands	3 Months Ended
	Sep. 30, 2023 USD ($)
Private issue CMO
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	$ 98
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
Private issue CMO \| Minimum \| Market comparable pricing \| Comparability adjustment
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Fair Value Measurement Input	(1.70%)
Private issue CMO \| Maximum \| Market comparable pricing \| Comparability adjustment
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Fair Value Measurement Input	(6.60%)
Private issue CMO \| Weighted Average \| Market comparable pricing \| Comparability adjustment
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Fair Value Measurement Input	(2.70%)
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	84.40%
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	87.60%
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	85.60%
Loans Held For Investment at Fair Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	$ 1,061
Loans Held For Investment at Fair Value \| 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
Loans Held For Investment at Fair Value \| Relative value analysis \| ACL 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
Loans Held For Investment at Fair Value \| Minimum \| Relative value analysis \| Broker quotes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Fair Value Measurement Input	0%
Loans Held For Investment at Fair Value \| Maximum \| Relative value analysis \| Broker quotes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets Fair Value Measurement Input	1.20%
Loans Held For Investment at Fair Value \| 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	(1.10%)
Loans with individually evaluated allowance
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	$ 703
Loans with individually evaluated allowance \| 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
Assets Fair Value Measurement Input	5%
Mortgage servicing assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	$ 67
Mortgage servicing assets \| Discounted cash flow \| 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
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	4.70%
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%
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%
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%
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	8.10%
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	(9.10%)
Interest-Only Strips
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	$ 9
Interest-Only Strips \| Discounted cash flow \| 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
Interest-Only Strips \| Discounted cash flow \| 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
Assets Fair Value Measurement Input	9%
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	6.40%
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	8.90%
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	(8.00%)

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	Sep. 30, 2023	Jun. 30, 2023
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investment securities - held to maturity, at cost with no allowance for credit losses	$ 147,574	$ 154,337
Amount
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Loans held for investment, not recorded at fair value	1,071,109	1,076,317
Investment securities - held to maturity, at cost with no allowance for credit losses	147,574	154,337
FHLB - San Francisco stock	9,505	9,505
Deposits	931,131	950,571
Borrowings	235,009	235,009
Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Loans held for investment, not recorded at fair value	966,437	970,277
Investment securities - held to maturity, at cost with no allowance for credit losses	126,851	135,541
FHLB - San Francisco stock	9,505	9,505
Deposits	928,497	949,116
Borrowings	232,686	232,764
Fair Value \| 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, at cost with no allowance for credit losses	0	0
FHLB - San Francisco stock	0	0
Deposits	0	0
Borrowings	0	0
Fair Value \| 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, at cost with no allowance for credit losses	126,851	135,541
FHLB - San Francisco stock	9,505	9,505
Deposits	928,497	949,116
Borrowings	232,686	232,764
Fair Value \| Fair Value, Inputs, Level 3
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Loans held for investment, not recorded at fair value	966,437	970,277
Investment securities - held to maturity, at cost with no allowance for credit losses	0	0
FHLB - San Francisco stock	0	0
Deposits	0	0
Borrowings	$ 0	$ 0

Revenue From Contracts With C_3

Revenue From Contracts With Customers (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Loan Servicing and other fees	$ (21)	$ 108
Other	131	171
Total non-interest income	751	1,003
Deposit account fees
Revenue within the scope of ASC 606	288	343
Card and processing fees
Revenue within the scope of ASC 606	353	381
BOLI
Other	$ 46	$ 46

Leases - Supplemental informati

Leases - Supplemental information (Details) - USD ($)	3 Months Ended
Leases - Supplemental information (Details) - USD ($)	Sep. 30, 2023	Sep. 30, 2022	Jun. 30, 2023
Leases
Lease expense	$ 247,000	$ 215,000
Consolidated Statements of Condition:
Premises and equipment - Operating lease right of use assets	1,934,000		$ 2,147,000
Accounts payable, accrued interest and other liabilities - Operating lease liabilities	1,968,000		$ 2,169,000
Consolidated Statements of Operations:
Premises and occupancy expenses from operating leases	213,000	193,000
Equipment expenses from operating leases	34,000	22,000
Total lease expense	247,000	215,000
Consolidated Statements of Cash Flows:
Operating cash flows for operating leases, net	$ 231,000	$ 219,000

Leases - Remaining minimum cont

Leases - Remaining minimum contractual lease payments and other information (Details) $ in Thousands	Sep. 30, 2023 USD ($)
Remaining minimum contractual lease payments and other information associated with the leases
2024	$ 649
2025	674
2026	383
2027	188
2028	151
Thereafter	33
Total contract lease payments	2,078
Total liability to make lease payments	1,968
Difference in undiscounted and discounted future lease payments	$ 110
Weighted average discount rate	3.16%
Weighted average remaining lease term (years)	3 years 2 months 12 days

Stock Repurchases (Details)

Stock Repurchases (Details) - April 2022 stock repurchase plan - $ / shares			3 Months Ended
	Sep. 28, 2023	Apr. 28, 2022	Sep. 30, 2023
Equity, Class of Treasury Stock [Line Items]
Shares authorized for repurchase remaining available to purchase under the plan	350,353	364,259
Stock repurchase plan period	1 year	1 year
Shares acquired	338,831		36,112
Percentage of authorized stock	93%
Shares repurchased weighted average cost per share	$ 13.98		$ 13.70
Cancellation of remaining number of shares	25,428

Subsequent Events (Details)

Subsequent Events (Details) - Subsequent event.	Oct. 26, 2023 $ / shares
Subsequent Event [Line Items]
Dividends declared date	Oct. 26, 2023
Quarterly cash dividend declared, common stock	$ 0.14
Dividend, date of record	Nov. 16, 2023
Dividends payable, date	Dec. 07, 2023

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Thousands	3 Months Ended
Pay vs Performance Disclosure - USD ($) $ in Thousands	Sep. 30, 2023	Sep. 30, 2022
Pay vs Performance Disclosure
Net Income (Loss)	$ 1,762	$ 2,090

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
Insider Trading Arrangements	Sep. 30, 2023
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false