Greene County Bancorp (GCBC) 10-Q 11 May 23 2023 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Mar. 31, 2023	May 10, 2023
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2023
Current Fiscal Year End Date	--06-30
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q3
Document Transition Report	false
Entity File Number	0-25165
Entity Registrant Name	GREENE COUNTY BANCORP, INC.
Entity Central Index Key	0001070524
Entity Incorporation, State or Country Code	X1
Entity Tax Identification Number	14-1809721
Entity Address, Address Line One	302 Main Street
Entity Address, City or Town	Catskill
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	12414
City Area Code	518
Local Phone Number	943-2600
Title of 12(b) Security	Common Stock, $0.10 par value
Trading Symbol	GCBC
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		17,026,828

Consolidated Statements of Fina

Consolidated Statements of Financial Condition - USD ($) $ in Thousands	Mar. 31, 2023	Jun. 30, 2022
ASSETS
Total cash and cash equivalents	$ 178,322	$ 69,009
Long-term certificates of deposit	4,581	4,107
Securities available-for-sale, at fair value	316,864	408,062
Securities held-to-maturity, at amortized cost (fair value $685,893 at March 31, 2023; $710,453 at June 30, 2022)	736,983	761,852
Equity securities, at fair value	295	273
Federal Home Loan Bank stock, at cost	1,461	6,803
Loans	1,409,447	1,251,987
Allowance for loan losses	(21,155)	(22,761)
Unearned origination fees and costs, net	29	129
Net loans receivable	1,388,321	1,229,355
Premises and equipment, net	14,532	14,362
Bank-owned life insurance	54,714	53,695
Accrued interest receivable	13,992	8,917
Foreclosed real estate	462	68
Prepaid expenses and other assets	18,574	15,237
Total assets	2,729,101	2,571,740
LIABILITIES AND SHAREHOLDERS' EQUITY
Noninterest-bearing deposits	164,532	187,697
Interest-bearing deposits	2,307,791	2,024,907
Total deposits	2,472,323	2,212,604
Borrowings from Federal Home Loan Bank, short-term	0	123,700
Subordinated notes payable, net	49,449	49,310
Accrued expenses and other liabilities	28,651	28,412
Total liabilities	2,550,423	2,414,026
SHAREHOLDERS' EQUITY
Preferred stock, Authorized - 1,000,000 shares; Issued - None	0	0
Common stock, par value $0.10 per share; Authorized - 36,000,000 shares; Issued - 17,222,680 shares at March 31, 2023 and June 30, 2022; Outstanding - 17,026,828 shares at March 31, 2023, and June 30, 2022	1,722	1,722
Additional paid-in capital	10,156	10,156
Retained earnings	187,807	165,127
Accumulated other comprehensive loss	(20,099)	(18,383)
Treasury stock, at cost 195,852 shares at March 31, 2023, and June 30, 2022	(908)	(908)
Total shareholders' equity	178,678	157,714
Total liabilities and shareholders' equity	$ 2,729,101	$ 2,571,740

Consolidated Statements of Fi_2

Consolidated Statements of Financial Condition (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2023	Jun. 30, 2022
ASSETS
Securities held-to-maturity, fair value	$ 685,893	$ 710,453
SHAREHOLDERS' EQUITY
Preferred stock, shares authorized (in shares)	1,000,000	1,000,000
Preferred stock, shares issued (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.1	$ 0.1
Common stock, shares authorized (in shares)	36,000,000	36,000,000
Common stock, shares issued (in shares)	17,222,680	17,222,680
Common stock, shares outstanding (in shares)	17,026,828	17,026,828
Treasury stock, shares (in shares)	195,852	195,852

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Mar. 31, 2023	Mar. 31, 2022
Interest income:
Loans	$ 15,676	$ 11,236	$ 43,859	$ 35,293
Investment securities - taxable	722	386	2,076	1,059
Mortgage-backed securities	1,422	1,278	4,276	3,547
Investment securities - tax exempt	3,836	2,372	10,417	6,716
Interest-bearing deposits and federal funds sold	277	33	473	114
Total interest income	21,933	15,305	61,101	46,729
Interest expense:
Interest on deposits	5,559	748	11,307	2,445
Interest on borrowings	1,148	470	2,811	1,345
Total interest expense	6,707	1,218	14,118	3,790
Net interest income	15,226	14,087	46,983	42,939
Provision for loan losses	(944)	163	(1,199)	2,431
Net interest income after provision for loan losses	16,170	13,924	48,182	40,508
Noninterest income:
Service charges on deposit accounts	1,132	1,052	3,583	3,279
Debit card fees	1,082	1,024	3,362	3,214
Investment services	213	216	591	707
E-commerce fees	26	23	81	83
Bank-owned life insurance	340	323	1,020	939
Net loss on sale of available-for-sale securities	0	0	(251)	0
Other operating income	266	267	666	850
Total noninterest income	3,059	2,905	9,052	9,072
Noninterest expense:
Salaries and employee benefits	6,193	5,332	17,070	15,103
Occupancy expense	617	549	1,654	1,627
Equipment and furniture expense	150	186	529	573
Service and data processing fees	674	649	2,040	1,937
Computer software, supplies and support	407	356	1,157	1,128
Advertising and promotion	115	146	336	345
FDIC insurance premiums	191	225	638	646
Legal and professional fees	507	258	2,655	1,075
Other	1,002	613	2,525	2,178
Total noninterest expense	9,856	8,314	28,604	24,612
Income before provision for income taxes	9,373	8,515	28,630	24,968
Provision for income taxes	1,282	1,327	4,305	3,789
Net income	$ 8,091	$ 7,188	$ 24,325	$ 21,179
Basic earnings per share (in dollars per share)	$ 0.48	$ 0.42	$ 1.43	$ 1.24
Diluted earnings per share (in dollars per share)	$ 0.48	$ 0.42	$ 1.43	$ 1.24
Basic average shares outstanding (in shares)	17,026,828	17,026,828	17,026,828	17,026,828
Diluted average shares outstanding (in shares)	17,026,828	17,026,828	17,026,828	17,026,828
Dividends per share (in dollars per share)	$ 0.07	$ 0.065	$ 0.21	$ 0.195

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Mar. 31, 2023	Mar. 31, 2022
Consolidated Statements of Comprehensive Income [Abstract]
Net Income	$ 8,091	$ 7,188	$ 24,325	$ 21,179
Other comprehensive income (loss):
Unrealized holding gains (losses) on available-for-sale securities, gross	3,994	(13,281)	(2,593)	(16,791)
Tax effect	1,067	(3,549)	(693)	(4,487)
Unrealized holding gains (losses) on available-for-sale securities, net	2,927	(9,732)	(1,900)	(12,304)
Reclassification adjustment for loss on sale of available-for-sale securities realized in net income, gross	0	0	251	0
Tax effect	0	0	67	0
Reclassification adjustment for loss on sale of available-for-sale securities realized in net income, net	0	0	184	0
Total other comprehensive income (loss), net of taxes	2,927	(9,732)	(1,716)	(12,304)
Comprehensive income (loss)	$ 11,018	$ (2,544)	$ 22,609	$ 8,875

Consolidated Statements of Chan

Consolidated Statements of Changes in Shareholders' Equity - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-In Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Loss [Member]	Treasury Stock [Member]	Total
Balance at Jun. 30, 2021	$ 1,722	$ 10,156	$ 139,775	$ (1,161)	$ (908)	$ 149,584
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Dividends declared			(1,527)			(1,527)
Net Income			21,179			21,179
Other comprehensive income (loss), net of taxes				(12,304)		(12,304)
Balance at Mar. 31, 2022	1,722	10,156	159,427	(13,465)	(908)	156,932
Balance at Dec. 31, 2021	1,722	10,156	152,746	(3,733)	(908)	159,983
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Dividends declared			(507)			(507)
Net Income			7,188			7,188
Other comprehensive income (loss), net of taxes				(9,732)		(9,732)
Balance at Mar. 31, 2022	1,722	10,156	159,427	(13,465)	(908)	156,932
Balance at Jun. 30, 2022	1,722	10,156	165,127	(18,383)	(908)	157,714
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Dividends declared			(1,645)			(1,645)
Net Income			24,325			24,325
Other comprehensive income (loss), net of taxes				(1,716)		(1,716)
Balance at Mar. 31, 2023	1,722	10,156	187,807	(20,099)	(908)	178,678
Balance at Dec. 31, 2022	1,722	10,156	180,263	(23,026)	(908)	168,207
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Dividends declared			(547)			(547)
Net Income			8,091			8,091
Other comprehensive income (loss), net of taxes				2,927		2,927
Balance at Mar. 31, 2023	$ 1,722	$ 10,156	$ 187,807	$ (20,099)	$ (908)	$ 178,678

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Cash flows from operating activities:
Net Income	$ 24,325	$ 21,179
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	647	622
Deferred income tax expense (benefit)	146	(60)
Net amortization of investment premiums and discounts	1,951	2,523
Net amortization (accretion) of deferred loan costs and fees	197	(2,934)
Amortization of subordinated debt issuance costs	139	118
Provision for loan losses	(1,199)	2,431
Bank-owned life insurance income	(1,020)	(939)
Net loss on sale of available-for-sale securities	251	0
Net (gain) loss on equity securities	(22)	11
Net loss (gain) on sale of foreclosed real estate	5	(39)
Net decrease in accrued income taxes	(2,089)	(303)
Net increase in accrued interest receivable	(5,075)	(1,714)
Net increase in prepaid expenses and other assets	(767)	(373)
Net increase in accrued expense and other liabilities	239	625
Net cash provided by operating activities	17,728	21,147
Securities available-for-sale:
Proceeds from maturities	180,225	172,614
Proceeds from sale of securities	1,675	0
Purchases of securities	(104,456)	(229,025)
Proceeds from principal payments on securities	10,446	17,828
Securities held-to-maturity:
Proceeds from maturities	49,576	31,102
Purchases of securities	(42,060)	(281,518)
Proceeds from principal payments on securities	16,133	16,324
Net redemption of Federal Home Loan Bank Stock	5,342	0
Purchase of long-term certificates of deposit	(1,225)	0
Maturity of long-term certificates of deposit	735	425
Purchase of bank-owned life insurance	0	(12,000)
Net increase in loans receivable	(158,426)	(47,110)
Proceeds from sale of foreclosed real estate	63	75
Purchases of premises and equipment	(817)	(758)
Net cash used in investing activities	(42,789)	(332,043)
Cash flows from financing activities
Net decrease in short-term FHLB advances	(123,700)	0
Net decrease in short-term advances other banks	0	(3,000)
Proceeds from subordinated notes payable	0	29,501
Payment of cash dividends	(1,645)	(1,527)
Net increase in deposits	259,719	286,762
Net cash provided by financing activities	134,374	311,736
Net decrease in cash and cash equivalents	109,313	840
Cash and cash equivalents at beginning of period	69,009	149,775
Cash and cash equivalents at end of period	178,322	150,615
Non-cash investing activities:
Foreclosed loans transferred to foreclosed real estate	462	40
Cash paid during period for:
Interest	14,415	4,002
Income taxes	$ 6,248	$ 4,152

Basis of Presentation

Basis of Presentation	9 Months Ended
	Mar. 31, 2023
Basis of Presentation [Abstract]
Basis of Presentation	(1) Basis of Presentation Within the accompanying unaudited consolidated statements of financial condition, and related notes to the consolidated financial statements, June 30, 2022 data were derived from the audited consolidated financial statements of Greene County Bancorp, Inc. (the “Company”) and its wholly owned subsidiaries, The Bank of Greene County (the “Bank”) and Greene Risk Management, Inc., and the Bank’s wholly owned subsidiaries, Greene County Commercial Bank (the “Commercial Bank”) and Greene Property Holdings, Ltd. The consolidated financial statements at and for the three and nine months ended March 31, 2023 and 2022 are unaudited. On March 23, 2023, the Company effected a 2-for-1 stock split in the form of a stock dividend on its outstanding shares of common stock. All share and per share data throughout this Quarterly Report on Form 10-Q have been retroactively adjusted to reflect the stock split. The shares of common stock retain a par value of $0.10 per share. Accordingly, an amount equal to the par value of the increased shares resulting from the stock split was reclassified from “Additional paid-in capital” to “Common stock”. The financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and with the instructions to Form 10-Q and Article 8 of Regulation S-X. Accordingly, they do not include all of the information and notes required by GAAP for complete financial statements. To the extent that information and notes required by GAAP for complete financial statements are contained in or are consistent with the audited financial statements incorporated by reference to Greene County Bancorp, Inc.’s Annual Report on Form 10-K for the year ended June 30, 2022, such information and notes have not been duplicated herein. In the opinion of management, all adjustments (consisting of only normal recurring items) necessary for a fair presentation of the financial position and results of operations and cash flows at and for the periods presented have been included. The Company had no material reclassifications from amounts in the prior year’s consolidated financial statements to conform to the current year’s presentation. All material inter-company accounts and transactions have been eliminated in the consolidation. The results of operations and other data for the three and nine months ended March 31, 2023 are not necessarily indicative of results that may be expected for the entire fiscal year ending June 30, 2023. These consolidated financial statements consider events that occurred through the date the consolidated financial statements were issued and should be read in conjunction with the audited consolidated financial statements and notes included in the Company’s Annual Report on Form 10-K.

Nature of Operations

Nature of Operations	9 Months Ended
	Mar. 31, 2023
Nature of Operations [Abstract]
Nature of Operations	(2) Nature of Operations The Company’s primary business is the ownership and operation of its subsidiaries. At March 31, 2023, the Bank has 17 full-service banking offices, an operations center, customer call center and lending center located in its market area consisting of the Hudson Valley and Capital District Regions of New York State. The Bank is primarily engaged in the business of attracting deposits from the general public in the Bank’s market area, and investing such deposits, together with other sources of funds, in loans and investment securities. The Commercial Bank’s primary business is to attract deposits from, and provide banking services to, local municipalities. Greene Property Holdings, Ltd. was formed as a New York corporation that has elected under the Internal Revenue Code to be a real estate investment trust. Currently, certain mortgages and loan notes held by the Bank are transferred and beneficially owned by Greene Property Holdings, Ltd. The Bank continues to service these loans. Greene Risk Management, Inc. was formed in December 2014 as a pooled captive insurance company subsidiary of the Company, incorporated in the State of Nevada. The purpose of this company is to provide additional insurance coverage for the Company and its subsidiaries related to the operations of the Company for which insurance may not be economically feasible.

Use of Estimates

Use of Estimates	9 Months Ended
	Mar. 31, 2023
Use of Estimates [Abstract]
Use of Estimates	(3) Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could materially differ from those estimates. Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the allowance for loan losses and the assessment of other-than-temporary security impairment. While management uses available information to recognize losses on loans, future additions to the allowance for loan losses (the “Allowance”) may be necessary, based on changes in economic conditions, asset quality or other factors. In addition, various regulatory authorities, as an integral part of their examination process, periodically review the Allowance. Such authorities may require the Company to recognize additions to the Allowance based on their judgments of information available to them at the time of their examination. The Company makes an assessment to determine whether there have been any events or economic circumstances to indicate that a security on which there is an unrealized loss is impaired on an other-than-temporary basis. The Company considers many factors including the severity and duration of the impairment; the intent and ability of the Company to hold the security for a period of time sufficient for a recovery in value; recent events specific to the issuer or industry; and for debt securities, intent to sell the security, whether it is more likely than not we will be required to sell the security before recovery, whether loss is expected, external credit ratings and recent downgrades. Securities on which there is an unrealized loss that is deemed to be other-than-temporary are written down to fair value through earnings.

Securities

Securities	9 Months Ended
	Mar. 31, 2023
Securities [Abstract]
Securities	(4) Securities Securities at March 31, 2023 consisted of the following: (In thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value Securities available-for-sale: U.S. government sponsored enterprises $ 13,058 $ - $ 2,054 $ 11,004 U.S. treasury securities 18,377 - 1,712 16,665 State and political subdivisions 171,980 635 22 172,593 Mortgage-backed securities-residential 30,335 - 3,801 26,534 Mortgage-backed securities-multi-family 91,113 - 17,500 73,613 Corporate debt securities 17,906 - 1,451 16,455 Total securities available-for-sale 342,769 635 26,540 316,864 Securities held-to-maturity: U.S. treasury securities 33,684 - 2,071 31,613 State and political subdivisions 484,093 4,081 29,051 459,123 Mortgage-backed securities-residential 38,417 - 3,089 35,328 Mortgage-backed securities-multi-family 159,113 - 18,286 140,827 Corporate debt securities 21,637 - 2,674 18,963 Other securities 39 - - 39 Total securities held-to-maturity 736,983 4,081 55,171 685,893 Total securities $ 1,079,752 $ 4,716 $ 81,711 $ 1,002,757 Securities at June 30, 2022 consisted of the following: (In thousands) Amortized Cost Gross Unrealized Gross Unrealized Estimated Fair Value Securities available-for-sale: U.S. government sponsored enterprises $ 13,066 $ - $ 1,747 $ 11,319 U.S. treasury securities 20,158 - 1,731 18,427 State and political subdivisions 247,978 374 276 248,076 Mortgage-backed securities-residential 33,186 - 3,289 29,897 Mortgage-backed securities-multi-family 99,353 - 15,644 83,709 Corporate debt securities 17,884 - 1,250 16,634 Total securities available-for-sale 431,625 374 23,937 408,062 Securities held-to-maturity: U.S. treasury securities 33,623 - 1,643 31,980 State and political subdivisions 493,897 2,760 35,747 460,910 Mortgage-backed securities-residential 42,461 1 2,242 40,220 Mortgage-backed securities-multi-family 171,921 2 13,895 158,028 Corporate debt securities 19,900 16 651 19,265 Other securities 50 - - 50 Total securities held-to-maturity 761,852 2,779 54,178 710,453 Total securities $ 1,193,477 $ 3,153 $ 78,115 $ 1,118,515 The Company’s current policies generally limit securities investments to U.S. Government and securities of government sponsored enterprises, federal funds sold, municipal bonds, corporate debt obligations, subordinated debt of banks and certain mutual funds. In addition, the Company’s policies permit investments in mortgage-backed securities, including securities issued and guaranteed by Fannie Mae, Freddie Mac, and GNMA, and collateralized mortgage obligations issued by these entities. As of March 31, 2023, all mortgage-backed securities including collateralized mortgage obligations were securities of government sponsored enterprises, no private-label mortgage-backed securities or collateralized mortgage obligations were held in the securities portfolio. The Company’s investments in state and political subdivisions securities generally are municipal obligations that are general obligations supported by the general taxing authority of the issuer, and in some cases are insured. The obligations issued by school districts are supported by state aid. Primarily, these investments are issued by municipalities within New York State. The Company’s current securities investment strategy utilizes a risk management approach of diversified investing among three categories: short-, intermediate- and long-term. The emphasis of this approach is to increase overall investment securities yields while managing interest rate risk. The Company will only invest in high quality securities as determined by management’s analysis at the time of purchase. The Company generally does not engage in any derivative or hedging transactions, such as interest rate swaps or caps. The following table shows fair value and gross unrealized losses, aggregated by security category and length of time that individual securities have been in a continuous unrealized loss position, at March 31, 2023. Less Than 12 Months More Than 12 Months Total (In thousands, except number of securities) Fair Value Unrealized Losses Number of Securities Fair Value Unrealized Losses Number of Securities Fair Value Unrealized Number of Securities available-for-sale: U.S. government sponsored enterprises $ - $ - - $ 11,004 $ 2,054 5 $ 11,004 $ 2,054 5 U.S. treasury securities 229 1 1 16,436 1,711 7 16,665 1,712 8 State and political subdivisions 24,618 20 8 82 2 1 24,700 22 9 Mortgage-backed securities-residential 521 25 10 26,013 3,776 19 26,534 3,801 29 Mortgage-backed securities-multi-family 2,731 142 1 70,882 17,358 30 73,613 17,500 31 Corporate debt securities 487 14 1 15,968 1,437 15 16,455 1,451 16 Total securities available-for-sale 28,586 202 21 140,385 26,338 77 168,971 26,540 98 Securities held-to-maturity: U.S. treasury securities - - - 31,613 2,071 8 31,613 2,071 8 State and political subdivisions 216,800 9,556 3,113 132,787 19,495 809 349,587 29,051 3,922 Mortgage-backed securities-residential 2,094 90 11 33,223 2,999 18 35,317 3,089 29 Mortgage-backed securities-multi-family 18,176 712 9 122,651 17,574 49 140,827 18,286 58 Corporate debt securities 11,230 1,618 9 7,733 1,056 9 18,963 2,674 18 Total securities held-to-maturity 248,300 11,976 3,142 328,007 43,195 893 576,307 55,171 4,035 Total securities $ 276,886 $ 12,178 3,163 $ 468,392 $ 69,533 970 $ 745,278 $ 81,711 4,133 The following table shows fair value and gross unrealized losses, aggregated by security category and length of time that individual securities have been in a continuous unrealized loss position, at June 30, 2022. Less Than 12 Months More Than 12 Months Total (In thousands, except number of securities) Fair Value Unrealized Losses Number of Securities Fair Value Unrealized Losses Number of Securities Fair Value Unrealized Losses Number of Securities Securities available-for-sale: U.S. government sponsored enterprises $ 11,319 $ 1,747 5 $ - $ - - $ 11,319 $ 1,747 5 U.S. treasury securities 18,427 1,731 8 - - - 18,427 1,731 8 State and political subdivisions 140,324 276 148 - - - 140,324 276 148 Mortgage-backed securities-residential 29,872 3,289 27 - - - 29,872 3,289 27 Mortgage-backed securities-multi-family 71,631 12,868 29 12,078 2,776 5 83,709 15,644 34 Corporate debt securities 16,634 1,250 16 - - - 16,634 1,250 16 Total securities available-for-sale 288,207 21,161 233 12,078 2,776 5 300,285 23,937 238 Securities held-to-maturity: U.S. treasury securities 31,980 1,643 9 - - - 31,980 1,643 9 State and political subdivisions 353,837 35,564 2,362 735 183 5 354,572 35,747 2,367 Mortgage-backed securities-residential 39,865 2,242 27 - - - 39,865 2,242 27 Mortgage-backed securities-multi-family 155,726 13,895 68 - - - 155,726 13,895 68 Corporate debt securities 10,751 651 11 - - - 10,751 651 11 Total securities held-to-maturity 592,159 53,995 2,477 735 183 5 592,894 54,178 2,482 Total securities $ 880,366 $ 75,156 2,710 $ 12,813 $ 2,959 10 $ 893,179 $ 78,115 2,720 When the fair value of a held-to-maturity or available-for-sale security is less than its amortized cost basis, an assessment is made as to whether other-than-temporary impairment (“OTTI”) is present. The Company considers numerous factors when determining whether a potential OTTI exists and the period over which the debt security is expected to recover. The principal factors considered are (1) the length of time and the extent to which the fair value has been less than the amortized cost basis, (2) the financial condition of the issuer (and guarantor, if any) and adverse conditions specifically related to the security, industry or geographic area, (3) failure of the issuer of the security to make scheduled interest or principal payments, (4) any changes to the rating of the security by a rating agency, and (5) the presence of credit enhancements, if any, including the guarantee of the federal government or any of its agencies. OTTI is considered to have occurred if (1) the Company intends to sell the security before recovery of its amortized cost basis, (2) it is more likely than not the Company will be required to sell the security before recovery of its amortized cost basis, or (3) if the present value of expected cash flows is not sufficient to recover the entire amortized cost basis. In determining the present value of expected cash flows, the Company discounts the expected cash flows at the effective interest rate implicit in the security at the date of acquisition. In estimating cash flows expected to be collected, the Company uses available information with respect to security prepayment speeds, default rates and severity. Credit-related OTTI is recognized in earnings while noncredit-related OTTI on securities not expected to be sold is recognized in other comprehensive income/loss (“OCI”). Credit-related OTTI is measured as the difference between the present value of an impaired security’s expected cash flows and its amortized cost basis. Noncredit-related OTTI is measured as the difference between the fair value of the security and its amortized cost less any credit-related losses recognized. For securities classified as held-to-maturity, the amount of OTTI recognized in OCI is accreted to the credit-adjusted expected cash flow amounts of the securities over future periods. During the nine months ended March 31, 2023, interest rates have increased, causing the unrealized loss on debt securities to increase, which does not indicate OTTI. Management has evaluated securities considering the other factors as outlined above, and based on this evaluation the Company does not consider these investments to be other-than-temporarily impaired at March 31, 2023. Unrealized losses on securities improved as of March 31, 2023 compared to December 31, 2022, due to bond yields decreasing, providing a favorable impact to securities valuations as of quarter end. There were no transfers of securities available-for-sale to held-to-maturity during the three and nine months ended March 31, 2023 or 2022. During the three months ended March 31, 2023 and 2022 and nine months ended March 31, 2022, there were no sales of securities and no gains or losses were recognized. During the nine months ended March 31, 2023, a loss of $251,000 was recognized from one sale of an available-for-sale security. The proceeds were used to fund higher-yielding loans. There was no other-than-temporary impairment loss recognized during the three and nine months ended March 31, 2023 and 2022. The estimated fair values of debt securities at March 31, 2023, by contractual maturity are shown below. Expected maturities may differ from contractual maturities, because issuers may have the right to call or prepay obligations with or without call or prepayment penalties. (In thousands) Available-for-sale debt securities Amortized Cost Fair Value Within one year $ 171,917 $ 172,531 After one year through five years 29,280 27,014 After five years through ten years 18,624 15,995 After ten years 1,500 1,177 Total 221,321 216,717 Mortgage-backed securities 121,448 100,147 Total available-for-sale securities 342,769 316,864 Held-to-maturity debt securities Within one year 56,489 56,054 After one year through five years 169,883 165,722 After five years through ten years 142,164 134,575 After ten years 170,917 153,387 Total 539,453 509,738 Mortgage-backed securities 197,530 176,155 Total held-to-maturity securities 736,983 685,893 Total debt securities $ 1,079,752 $ 1,002,757 At March 31, 2023 and June 30, 2022, securities with an aggregate fair value of $920.1 million and $892.9 million, respectively, were pledged as collateral for deposits in excess of FDIC insurance limits for various municipalities placing deposits with the Commercial Bank. At March 31, 2023 and June 30, 2022, securities with an aggregate fair value of $17.2 million and $17.4 million, respectively, were pledged as collateral for potential borrowings at the Federal Reserve Bank discount window. The Company did not participate in any securities lending programs during the three and nine months ended March 31, 2023 or 2022. Federal Home Loan Bank Stock Federal law requires a member institution of the Federal Home Loan Bank (“FHLB”) system to hold stock of its district FHLB according to a predetermined formula. This stock is restricted in that it can only be sold to the FHLB or to another member institution, and all sales of FHLB stock must be at par. As a result of these restrictions, FHLB stock is carried at cost. FHLB stock is held as a long-term investment and its value is determined based on the ultimate recoverability of the par value. Impairment of this investment is evaluated quarterly and is a matter of judgment that reflects management’s view of the FHLB’s long-term performance, which includes factors such as the following: its operating performance; the severity and duration of declines in the fair value of its net assets related to its capital stock amount; its commitment to make payments required by law or regulation and the level of such payments in relation to its operating performance; the impact of legislative and regulatory changes on the FHLB, and accordingly, on the members of the FHLB; and its liquidity and funding position. After evaluating these considerations, the Company concluded that the par value of its investment in FHLB stock will be recovered and, therefore, no impairment charge was recorded during the three and nine months ended March 31, 2023 or 2022.

Loans and Allowance for Loan Lo

Loans and Allowance for Loan Losses	9 Months Ended
	Mar. 31, 2023
Loans and Allowance for Loan Losses [Abstract]
Loans and Allowance for Loan Losses	(5) Loans and Allowance for Loan Losses Loan segments and classes at March 31, 2023 and June 30, 2022 are summarized as follows: (In thousands) March 31, 2023 June 30, 2022 Residential real estate: Residential real estate $ 374,840 $ 360,824 Residential construction and land 17,567 15,298 Multi-family 67,251 63,822 Commercial real estate: Commercial real estate 702,768 595,635 Commercial construction 108,854 83,748 Consumer loan: Home equity 21,011 17,877 Consumer installment 4,411 4,512 Commercial loans 112,745 110,271 Total gross loans 1,409,447 1,251,987 Allowance for loan losses (21,155 ) (22,761 ) Deferred fees and cost, net 29 129 Loans receivable, net $ 1,388,321 $ 1,229,355 Management closely monitors the quality of the loan portfolio and has established a loan review process designed to help grade the quality and profitability of the Company’s loan portfolio. The credit quality grade helps management make a consistent assessment of each loan relationship’s credit risk. Consistent with regulatory guidelines, the Company provides for the classification of loans considered being of lesser quality. Such ratings coincide with the “Substandard,” “Doubtful” and “Loss” classifications used by federal regulators in their examination of financial institutions. Generally, an asset is considered Substandard if it is inadequately protected by the current net worth and paying capacity of the obligors and/or the collateral pledged. Substandard assets include those characterized by the distinct possibility that the insured financial institution will sustain some loss if the deficiencies are not corrected. Assets classified as Doubtful have all the weaknesses inherent in assets classified Substandard with the added characteristic that the weaknesses present make collection or liquidation in full, on the basis of currently existing facts, highly questionable and improbable. Assets classified as Loss are those considered uncollectible and of such little value that their continuance as assets without the establishment of a full loss reserve and/or charge-off is not warranted. Assets that do not currently expose the Company to sufficient risk to warrant classification in one of the aforementioned categories but otherwise possess weaknesses are designated “Special Mention.” When the Company classifies problem assets as either Substandard or Doubtful, it generally establishes a specific valuation allowance or “loss reserve” in an amount deemed prudent by management. General allowances represent loss allowances that have been established to recognize the inherent risk associated with lending activities, but which, unlike specific allowances, have not been allocated to particular loans. When the Company identifies problem loans as being impaired, it is required to evaluate whether the Company will be able to collect all amounts due either through repayments or the liquidation of the underlying collateral. If it is determined that impairment exists, the Company is required either to establish a specific allowance for losses equal to the amount of impairment of the assets, or to charge-off such amount. The Company’s determination as to the classification of its loans and the amount of its valuation allowance is subject to review by its regulatory agencies, which can order the establishment of additional general or specific loss allowances. The Company reviews its portfolio quarterly to determine whether any assets require classification in accordance with applicable regulations. The Company primarily has four segments within its loan portfolio that it considers when measuring credit quality: residential real estate loans, commercial real estate loans, consumer loans and commercial loans. The residential real estate portfolio consists of residential, construction, and multi-family loan classes. Commercial real estate loans consist of commercial real estate and commercial construction loan classes. Consumer loans consist of home equity loan and consumer installment loan classes. The inherent risk within the loan portfolio varies depending upon each of these loan types. Residential mortgage loans, including home equity loans, which are collateralized by residences are generally made in amounts up to 85.0% of the appraised value of the property. In the event of default by the borrower the Company will acquire and liquidate the underlying collateral. By originating the loan at a loan-to-value ratio of 85.0% or less, the Company limits its risk of loss in the event of default. However, the market values of the collateral may be adversely impacted by declines in the economy. Home equity loans may have an additional inherent risk if the Company does not hold the first mortgage. The Company may stand in a secondary position in the event of collateral liquidation resulting in a greater chance of insufficiency to meet all obligations. Construction lending generally involves a greater degree of risk than other residential mortgage lending. The repayment of the construction loan is, to a great degree, dependent upon the successful and timely completion of the construction of the subject property within specified cost limits. The Company completes inspections during the construction phase prior to any disbursements. The Company limits its risk during the construction as disbursements are not made until the required work for each advance has been completed. Construction delays may further impair the borrower’s ability to repay the loan. Loans collateralized by commercial real estate, and multi-family dwellings, such as apartment buildings generally are larger than residential loans and involve a greater degree of risk. Commercial real estate loans often involve large loan balances to single borrowers or groups of related borrowers. Payments on these loans depend to a large degree on the results of operations and management of the properties or underlying businesses, and may be affected to a greater extent by adverse conditions in the real estate market or the economy in general. Accordingly, the nature of commercial real estate loans makes them more difficult for management to monitor and evaluate. Consumer loans generally have shorter terms and higher interest rates than residential mortgage loans. In addition, consumer loans expand the products and services offered by the Company to better meet the financial services needs of its customers. Consumer loans generally involve greater credit risk than residential mortgage loans because of the difference in the nature of the underlying collateral. Repossessed collateral for a defaulted consumer loan may not provide an adequate source of repayment of the outstanding loan balance because of the greater likelihood of damage, loss or depreciation in the underlying collateral. The remaining deficiency often does not warrant further substantial collection efforts against the borrower beyond obtaining a deficiency judgment. In addition, consumer loan collections depend on the borrower’s personal financial stability. Furthermore, the application of various federal and state laws, including federal and state bankruptcy and insolvency laws, may limit the amount that can be recovered on such loans. Commercial lending generally involves greater risk than residential mortgage lending and involves risks that are different from those associated with residential and commercial real estate mortgage lending. Real estate lending is generally considered to be collateral-based, with loan amounts based on fixed loan-to-collateral values, and liquidation of the underlying real estate collateral is viewed as the primary source of repayment in the event of borrower default. Although commercial loans may be collateralized by equipment or other business assets, the liquidation of collateral in the event of a borrower default is often an insufficient source of repayment because equipment and other business assets may be obsolete or of limited use, among other things. Accordingly, the repayment of a commercial loan depends primarily on the creditworthiness of the borrower (and any guarantors), while liquidation of collateral is a secondary and often insufficient source of repayment. The Company has formed relationships with other community banks within our region to participate in larger commercial loan relationships. These types of loans are generally considered to be riskier due to the size and complexity of the loan relationship. By entering into a participation agreement with the other bank, the Company can obtain the loan relationship while limiting its exposure to credit loss. Management completes its due diligence in underwriting these loans and monitors the servicing of these loans. Loan balances by internal credit quality indicator at March 31, 2023 are shown below. ( In thousands Performing Special Mention Substandard Total Residential real estate $ 369,272 $ 1,826 $ 3,742 $ 374,840 Residential construction and land 17,567 - - 17,567 Multi-family 67,163 88 - 67,251 Commercial real estate 677,929 8,642 16,197 702,768 Commercial construction 108,854 - - 108,854 Home equity 20,956 - 55 21,011 Consumer installment 4,386 - 25 4,411 Commercial loans 106,722 289 5,734 112,745 Total gross loans $ 1,372,849 $ 10,845 $ 25,753 $ 1,409,447 Loan balances by internal credit quality indicator at June 30, 2022 are shown below. (In thousands Performing Special Mention Substandard Total Residential real estate $ 355,474 $ 28 $ 5,322 $ 360,824 Residential construction and land 15,297 - 1 15,298 Multi-family 63,730 92 - 63,822 Commercial real estate 555,451 13,777 26,407 595,635 Commercial construction 83,748 - - 83,748 Home equity 17,369 - 508 17,877 Consumer installment 4,500 - 12 4,512 Commercial loans 104,364 996 4,911 110,271 Total gross loans $ 1,199,933 $ 14,893 $ 37,161 $ 1,251,987 The Company had no loans classified doubtful or loss at March 31, 2023 or June 30, 2022. During the quarter ended March 31, 2023, the Company upgraded one commercial loan relationship from special mention to pass, one large relationship from substandard to special mention, and one relationship from substandard to pass due to improvements in borrower cash flows and improving financial performance. There were also loan payoffs during the quarter ended March 31, 2023, comprised of seven commercial real estate loans that were classified as substandard. This was offset by two commercial real estate loan relationships and one commercial loan relationship downgraded to substandard, and two commercial real estate loan relationship downgraded to special mention during the current quarter. At March 31, 2023, these loans were all performing. Management continues to monitor these loan relationships closely. Nonaccrual Loans Management places loans on nonaccrual status once the loans have become 90 days or more delinquent. A nonaccrual loan is defined as a loan in which collectability is questionable and therefore interest on the loan will no longer be recognized on an accrual basis. A loan is not placed back on accrual status until the borrower has demonstrated the ability and willingness to make timely payments on the loan. A loan does not have to be 90 days delinquent in order to be classified as nonaccrual. Loans on nonaccrual status totaled $4.7 million at March 31, 2023, of which there were four residential loans totaling $675,000 that were in process of foreclosure. Included in nonaccrual loans were $4.0 million of loans which were less than 90 days past due at March 31, 2023, but have a recent history of delinquency greater than 90 days past due. These loans will be returned to accrual status once they have demonstrated a history of timely payments. Loans on nonaccrual status totaled $6.3 million at June 30, 2022 of which $528,000 were in the process of foreclosure. At June 30, 2022, there were three residential loans in the process of foreclosure totaling $426,000 and one commercial real estate loan for $102,000 in the process of foreclosure. Included in nonaccrual loans were $4.4 million of loans which were less than 90 days past due at June 30, 2022, but have a recent history of delinquency greater than 90 days past due. The decrease in nonperforming loans during the period was primarily due to $1.3 million in loan repayments, $134,000 in loans returning to performing status, and $508,000 in charge-offs or transfers to foreclosed, partially offset by $293,000 of loans placed into nonperforming status. The following table sets forth information regarding delinquent and/or nonaccrual loans at March 31, 2023: (In thousands) 30-59 days past due 60-89 days past due 90 days or more past due Total past due Current Total Loans Loans on Non- accrual Residential real estate $ 2,608 $ 140 $ 687 $ 3,435 $ 371,405 $ 374,840 $ 2,650 Residential construction and land - - - - 17,567 17,567 - Multi-family - - - - 67,251 67,251 - Commercial real estate 1,517 - 20 1,537 701,231 702,768 709 Commercial construction - - - - 108,854 108,854 - Home equity 66 - 13 79 20,932 21,011 55 Consumer installment 64 44 - 108 4,303 4,411 - Commercial loans 1,406 - 19 1,425 111,320 112,745 1,278 Total gross loans $ 5,661 $ 184 $ 739 $ 6,584 $ 1,402,863 $ 1,409,447 $ 4,692 The following table sets forth information regarding delinquent and/or nonaccrual loans at June 30, 2022: (In thousands) 30-59 days past due 60-89 days past due 90 days or more Total past due Current Total Loans Loans on Non- accrual Residential real estate $ 66 $ 1,676 $ 592 $ 2,334 $ 358,490 $ 360,824 $ 2,948 Residential construction and land - 1 - 1 15,297 15,298 1 Multi-family - - - - 63,822 63,822 - Commercial real estate - 385 1,147 1,532 594,103 595,635 1,269 Commercial construction - - - - 83,748 83,748 - Home equity 3 - 179 182 17,695 17,877 188 Consumer installment 22 17 - 39 4,473 4,512 7 Commercial loans - 28 19 47 110,224 110,271 1,904 Total gross loans $ 91 $ 2,107 $ 1,937 $ 4,135 $ 1,247,852 $ 1,251,987 $ 6,317 The Company had no accruing loans delinquent 90 days or more at March 31, 2023 and June 30, 2022. The borrowers have made arrangements with the Bank to bring the loans current within a specified time period and have made a series of payments as agreed. Impaired Loan Analysis The Company identifies impaired loans and measures the impairment in accordance with FASB ASC subtopic “ Receivables – Loan Impairment.” The tables below detail additional information on impaired loans at the date or periods indicated: At March 31, 2023 For the three months ended March 31, 2023 For the nine months ended March 31, 2023 (In thousands) Recorded Investment Unpaid Principal Related Allowance Average Recorded Investment Interest Income Recognized Average Recorded Interest Income Recognized With no related allowance recorded: Residential real estate $ 768 $ 768 $ - $ 775 $ - $ 895 $ 2 Commercial real estate 1,528 1,528 - 755 17 369 25 Home equity - - - 43 - 100 - Consumer installment 4 4 - 4 - 4 1 Commercial loans 337 337 - 338 4 341 12 Impaired loans with no allowance 2,637 2,637 - 1,915 21 1,709 40 With an allowance recorded: Residential real estate 2,415 2,415 595 2,421 7 2,221 14 Commercial real estate 3,168 3,168 459 3,851 48 3,696 121 Home equity - - - - - 107 4 Commercial loans 1,578 1,578 764 1,839 5 2,479 32 Impaired loans with allowance 7,161 7,161 1,818 8,111 60 8,503 171 Total impaired: Residential real estate 3,183 3,183 595 3,196 7 3,116 16 Commercial real estate 4,696 4,696 459 4,606 65 4,065 146 Home equity - - - 43 - 207 4 Consumer installment 4 4 - 4 - 4 1 Commercial loans 1,915 1,915 764 2,177 9 2,820 44 Total impaired loans $ 9,798 $ 9,798 $ 1,818 $ 10,026 $ 81 $ 10,212 $ 211 At June 30, 2022 For the three months ended March 31, 2022 For the nine months ended March 31, 2022 (In thousands) Recorded Investment Unpaid Principal Related Allowance Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized With no related allowance recorded: Residential real estate $ 990 $ 990 $ - $ 846 $ 3 $ 577 $ 13 Commercial real estate 67 67 - 71 1 351 9 Home equity 128 128 - 128 - 128 - Consumer Installment 5 5 - 2 1 1 1 Commercial loans 346 346 - 224 3 168 5 Impaired loans with no allowance 1,536 1,536 - 1,271 8 1,225 28 With an allowance recorded: Residential real estate 1,953 1,953 588 2,159 10 1,612 43 Commercial real estate 3,698 3,698 1,118 1,864 75 1,085 93 Commercial construction 102 102 1 102 - 102 - Home equity 320 320 44 320 4 321 10 Commercial loans 3,162 3,162 596 3,336 29 3,349 116 Impaired loans with allowance 9,235 9,235 2,347 7,781 118 6,469 262 Total impaired: Residential real estate 2,943 2,943 588 3,005 13 2,189 56 Commercial real estate 3,765 3,765 1,118 1,935 76 1,436 102 Commercial construction 102 102 1 102 - 102 - Home equity 448 448 44 448 4 449 10 Consumer Installment 5 5 - 2 1 1 1 Commercial loans 3,508 3,508 596 3,560 32 3,517 121 Total impaired loans $ 10,771 $ 10,771 $ 2,347 $ 9,052 $ 126 $ 7,694 $ 290 The table below details loans that have been modified as a troubled debt restructuring during the periods indicated. (D ollars in thousands) Number of Contracts Pre-Modification Outstanding Recorded Investment Post- Modification Outstanding Recorded Investment Current outstanding Recorded Investment For the nine months ended March 31 2023 Residential real estate 2 $ 778 $ 778 $ 778 Commercial real estate 3 $ 1,428 $ 1,481 $ 1,476 Commercial loans 1 $ 379 $ 379 $ - For the year ended June 30, 2022 Consumer Installment 1 $ 5 $ 5 $ 5 There were no loans that had been modified as a troubled debt restructuring during the twelve months prior to June 30, 2022 or 2021, which have subsequently defaulted during the nine months ended March 31, 2023 or 2022. There was one commercial loan in the amount of $379,000 that had been modified as a troubled debt restructuring during the three months ended September 30, 2022 that subsequently defaulted during the three months ended March 31, 2023. Allowance for Loan Losses The allowance for loan losses is established through a provision for loan losses based on management’s evaluation of the risk inherent in the loan portfolio, the composition of the loan portfolio, specific impaired loans and current economic conditions. Such evaluation, which includes a review of certain identified loans on which full collectability may not be reasonably assured, considers among other matters, the estimated net realizable value or the fair value of the underlying collateral, economic conditions, payment status of the loan, historical loan loss experience and other factors that warrant recognition in providing for the loan loss allowance. In addition, various regulatory agencies, as an integral part of their examination process, periodically review the Company’s allowance for loan losses. Such agencies may require the Company to recognize additions to the allowance based on their judgment about information available to them at the time of their examination. The Company disaggregates its loan portfolio as noted in the below allowance for loan losses tables to evaluate for impairment collectively based on historical loss experience. The Company evaluates nonaccrual loans that are over $250 thousand and all trouble debt restructured loans individually for impairment, if it is probable that the Company will not be able to collect scheduled payments of principal and interest when due, according to the contractual terms of the loan agreements. Loans that are guaranteed, such as SBA loans, are excluded from the homogeneous pool of loans and no allowance is allocated to this segment of the portfolio. The measurement of impaired loans is generally based on the fair value of the underlying collateral. The Company charges loans off against the allowance for credit losses when it becomes evident that a loan cannot be collected within a reasonable amount of time or that it will cost the Company more than it will receive, and all possible avenues of repayment have been analyzed, including the potential of future cash flow, the value of the underlying collateral, and strength of any guarantors or co-borrowers. Generally, consumer loans and smaller business loans (not secured by real estate) in excess of 90 days are charged-off against the allowance for loan losses, unless equitable arrangements are made. Included within consumer installment loan charge-offs and recoveries are deposit accounts that have been overdrawn in excess of 60 days. With continued growth in the number of deposit accounts, charge-off activity within this category has also grown, as can be seen from the tables below. For loans secured by real estate, a charge-off is recorded when it is determined that the collection of all or a portion of a loan may not be collected and the amount of that loss can be reasonably estimated. The allowance for loan losses is increased by a provision for loan losses (which results in a charge to expense) and recoveries of loans previously charged off and is reduced by charge-offs. The following tables set forth the activity and allocation of the allowance for loan losses by loan class during and at the periods indicated. The allowance is allocated to each loan class based on historical loss experience, current economic conditions, and other considerations. Activity for the three months ended March 31, 2023 (In thousands) Balance at December 31, 2022 Charge-offs Recoveries Provision Balance at March 31, 2023 Residential real estate $ 2,492 $ - $ - $ 146 $ 2,638 Residential construction and land 193 - - (21 ) 172 Multi-family 167 - - 32 199 Commercial real estate 15,450 9 - (1,869 ) 13,572 Commercial construction 1,100 - - 380 1,480 Home equity 38 - - 11 49 Consumer installment 284 117 27 51 245 Commercial loans 2,565 103 12 326 2,800 Total $ 22,289 $ 229 $ 39 $ (944 ) $ 21,155 Activity for the nine months ended March 31, 2023 (In thousands) Balance at June 30, 2022 Charge-offs Recoveries Provision Balance at March 31, 2023 Residential real estate $ 2,373 $ - $ 5 $ 260 $ 2,638 Residential construction and land 141 - - 31 172 Multi-family 119 - - 80 199 Commercial real estate 16,221 9 - (2,640 ) 13,572 Commercial construction 1,114 - - 366 1,480 Home equity 89 - - (40 ) 49 Consumer installment 349 421 102 215 245 Commercial loans 2,355 114 30 529 2,800 Total $ 22,761 $ 544 $ 137 $ (1,199 ) $ 21,155 Allowance for Loan Losses Loans Receivable Ending Balance At March 31, 2023 Impairment Analysis Ending Balance At March 31, 2023 Impairment Analysis (In thousands) Individually Evaluated Collectively Evaluated Individually Evaluated Collectively Evaluated Residential real estate $ 595 $ 2,043 $ 3,183 $ 371,657 Residential construction and land - 172 - 17,567 Multi-family - 199 - 67,251 Commercial real estate 459 13,113 4,696 698,072 Commercial construction - 1,480 - 108,854 Home equity - 49 - 21,011 Consumer installment - 245 4 4,407 Commercial loans 764 2,036 1,915 110,830 Total $ 1,818 $ 19,337 $ 9,798 $ 1,399,649 Activity for the three months ended March 31, 2022 (In thousands) Balance at December 31, 2021 Charge-offs Recoveries Provision Balance at March 31, 2022 Residential real estate $ 1,981 $ - $ 3 $ 22 $ 2,006 Residential construction and land 115 - - 2 117 Multi-family 76 - - 10 86 Commercial real estate 15,616 - - 276 15,892 Commercial construction 1,250 - - (121 ) 1,129 Home equity 89 - - (2 ) 87 Consumer installment 280 144 32 95 263 Commercial loans 2,277 - 1 (119 ) 2,159 Total $ 21,684 $ 144 $ 36 $ 163 $ 21,739 Activity for the nine months ended March 31, 2022 (In thousands) Balance at June 30, 2021 Charge-offs Recoveries Provision Balance at March 31, 2022 Residential real estate $ 2,012 $ - $ 10 $ (16 ) $ 2,006 Residential construction and land 106 - - 11 117 Multi-family 186 - - (100 ) 86 Commercial real estate 13,049 - - 2,843 15,892 Commercial construction 1,535 - - (406 ) 1,129 Home equity 165 - - (78 ) 87 Consumer installment 267 355 89 262 263 Commercial loans 2,348 107 3 (85 ) 2,159 Total $ 19,668 $ 462 $ 102 $ 2,431 $ 21,739 Allowance for Loan Losses Loans Receivable Ending Balance June 30, 2022 Impairment Analysis Ending Balance June 30, 2022 Impairment Analysis (In thousands) Individually Evaluated Collectively Evaluated Individually Evaluated Collectively Evaluated Residential real estate $ 588 $ 1,785 $ 2,943 $ 357,881 Residential construction and land - 141 - 15,298 Multi-family - 119 - 63,822 Commercial real estate 1,118 15,103 3,765 591,870 Commercial construction 1 1,113 102 83,646 Home equity 44 45 448 17,429 Consumer installment - 349 5 4,507 Commercial loans 596 1,759 3,508 106,763 Total $ 2,347 $ 20,414 $ 10,771 $ 1,241,216 Foreclosed real estate (FRE) FRE consists of properties acquired through mortgage loan foreclosure proceedings or in full or partial satisfaction of loans. The following table sets forth information regarding FRE at: (in thousands) March 31, 2023 June 30, 2022 Residential real estate $ - $ 68 Commercial real estate 160 - Commercial loans 302 - Total foreclosed real estate $ 462 $ 68

Fair Value Measurements and Fai

Fair Value Measurements and Fair Value of Financial Instruments	9 Months Ended
	Mar. 31, 2023
Fair Value Measurements and Fair Value of Financial Instruments [Abstract]
Fair Value Measurements and Fair Value of Financial Instruments	(6) Fair Value Measurements and Fair Value of Financial Instruments Management uses its best judgment in estimating the fair value of the Company’s financial instruments; however, there are inherent weaknesses in any estimation technique. Therefore, for substantially all financial instruments, the fair value estimates herein are not necessarily indicative of the amounts the Company could have realized in a sale transaction on the dates indicated. The estimated fair value amounts have been measured as of March 31, 2023 and June 30, 2022 and have not been re-evaluated or updated for purposes of these consolidated financial statements subsequent to those respective dates. As such, the estimated fair values of these financial instruments subsequent to the respective reporting dates may be different than the amounts reported at each period-end. The following information should not be interpreted as an estimate of the fair value of the entire Company since a fair value calculation is only provided for a limited portion of the Company’s assets and liabilities. Due to a wide range of valuation techniques and the degree of subjectivity used in making the estimates, comparisons between the Company’s disclosures and those of other companies may not be meaningful. The FASB ASC Topic on “ Fair Value Measurement” Level 1: Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities. Level 2: Quoted prices for similar assets or liabilities in active markets, quoted prices in markets that are not active, or inputs that are observable either directly or indirectly, for substantially the full term of the asset or liability. An asset’s or liability’s level within the fair value hierarchy is based on the lowest level of input that is significant to the fair value measurement. For assets measured at fair value on a recurring basis, the fair value measurements by level within the fair value hierarchy used are as follows: Fair Value Measurements Using Quoted Prices In Active Markets For Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs (In thousands) March 31, 2023 (Level 1) (Level 2) (Level 3) Assets: U.S. Government sponsored enterprises $ 11,004 $ - $ 11,004 $ - U.S. Treasury securities 16,665 - 16,665 - State and political subdivisions 172,593 - 172,593 - Mortgage-backed securities-residential 26,534 - 26,534 - Mortgage-backed securities-multi-family 73,613 - 73,613 - Corporate debt securities 16,455 - 16,455 - Securities available-for-sale 316,864 $ - 316,864 - Equity securities 295 295 - - Total securities measured at fair value $ 317,159 $ 295 $ 316,864 $ - Fair Value Measurements Using Quoted Prices In Active Markets For Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs (In thousands) June 30, 2022 (Level 1) (Level 2) (Level 3) Assets: U.S. Government sponsored enterprises $ 11,319 $ - $ 11,319 $ - U.S. Treasury securities 18,427 - 18,427 - State and political subdivisions 248,076 - 248,076 - Mortgage-backed securities-residential 29,897 - 29,897 - Mortgage-backed securities-multi-family 83,709 - 83,709 - Corporate debt securities 16,634 - 16,634 - Securities available-for-sale 408,062 - 408,062 - Equity securities 273 273 - - Total securities measured at fair value $ 408,335 $ 273 $ 408,062 $ - Certain investments that are actively traded and have quoted market prices have been classified as Level 1 valuations. Other available-for-sale investment securities have been valued by reference to prices for similar securities or through model-based techniques in which all significant inputs are observable and, therefore, such valuations have been classified as Level 2. In addition to disclosures of the fair value of assets on a recurring basis, FASB ASC Topic on “ Fair Value Measurement” Receivables –Loan Impairment” Fair values for foreclosed real estate are initially recorded based on market value evaluations by third parties, less costs to sell (“initial cost basis”). Any write-downs required when the related loan receivable is exchanged for the underlying real estate collateral at the time of transfer to foreclosed real estate are charged to the allowance for loan losses. Values are derived from appraisals, similar to impaired loans, of underlying collateral or discounted cash flow analysis. Subsequent to foreclosure, valuations are updated periodically and assets are marked to current fair value, not to exceed the initial cost basis. In the determination of fair value subsequent to foreclosure, management also considers other factors or recent developments, such as, changes in absorption rates and market conditions from the time of valuation and anticipated sales values considering management’s plans for disposition. Either change could result in adjustment to lower the property value estimates indicated in the appraisals. These measurements are classified as Level 3 within the fair value hierarchy. Fair Value Measurements Using (In thousands) Recorded Investment Related Allowance Fair Value (Level 1) (Level 2) (Level 3) March 31 2023 Impaired loans $ 7,312 $ 1,818 $ 5,494 $ - $ - $ 5,494 Foreclosed real estate 462 - 462 - - 462 June 30 2022 Impaired loans $ 9,401 $ 2,347 $ 7,054 $ - $ - $ 7,054 Foreclosed real estate 68 - 68 - - 68 The following table presents additional quantitative information about assets measured at fair value on a nonrecurring basis and for which Level 3 inputs were utilized to determine fair value: (Dollars in thousands) Fair Value Valuation Technique Unobservable Input Range Weighted Average March 31 2023 Impaired Loans $ 4,804 Appraisal of collateral (1) Appraisal adjustments(2) 13.19%-33.73 % 33.06 % Liquidation expenses(3) 3.98%-6.73 % 8.47 % 690 Discounted cash flow Discount rate 3.79%-11.95 % 7.99 % Foreclosed real estate 462 Appraisal of collateral (1) Appraisal adjustments(2) 0.00 % 0.00 % Liquidation expenses(3) 6.00 % 6.00 % June 30 2022 Impaired loans $ 4,333 Appraisal of collateral (1) Appraisal adjustments (2) 7.06%-33.73 % 21.67 % Liquidation expenses (3) 3.98%-5.58 % 4.72 % 2,721 Discounted cash flow Discount rate 4.19%-11.95 % 6.21 % Foreclosed real estate 68 Appraisal of collateral (1) Appraisal adjustments (2) 10.46 % 10.46 % (1) Fair value is generally determined through independent third-party appraisals of the underlying collateral, which generally includes various Level 3 inputs which are not observable. (2) Appraisals may be adjusted downwards by management for qualitative factors such as economic conditions. Higher downward adjustments are caused by negative changes to the collateral or conditions in the real estate market, actual offers or sales contracts received or age of the appraisal. (3) Appraisals are adjusted downwards by management for qualitative factors such as the estimated costs to liquidate the collateral. No other financial assets or liabilities were re-measured during the year on a nonrecurring basis. The carrying amounts reported in the statements of financial condition for total cash and cash equivalents, long term certificates of deposit, accrued interest receivable and accrued interest payable approximate their fair values. Fair values of securities are based on quoted market prices (Level 1), where available, or matrix pricing (Level 2), which is a mathematical technique, used widely in the industry to value debt securities without relying exclusively on quoted market prices for the specific securities but rather by relying on the securities’ relationship to other benchmark quoted prices. The carrying amount of Federal Home Loan Bank stock approximates fair value due to its restricted nature. The fair values for loans are measured using the “exit price” notion which is a reasonable estimate of what another party might pay in an orderly transaction. Fair values for variable rate loans that reprice frequently, with no significant credit risk, are based on carrying value. Fair values for fixed rate loans are estimated using discounted cash flows and interest rates currently being offered for loans with similar terms to borrowers of similar credit quality. Fair values disclosed for demand and savings deposits are equal to carrying amounts at the reporting date. The carrying amounts for variable rate money market deposits approximate fair values at the reporting date. Fair values for long term certificates of deposit are estimated using discounted cash flows and interest rates currently being offered in the market on similar certificates. Fair value for Federal Home Loan Bank long term borrowings are estimated using discounted cash flows and interest rates currently being offered on similar borrowings. The carrying value of short-term Federal Home Loan Bank borrowings approximates its fair value. Fair value for subordinated notes payable is estimated based on a discounted cash flow methodology or observations of recent highly-similar transactions. The fair value of commitments to extend credit is estimated based on an analysis of the interest rates and fees currently charged to enter into similar transactions, considering the remaining terms of the commitments and the credit-worthiness of the potential borrowers. At March 31, 2023 and June 30, 2022, the estimated fair values of these off-balance sheet financial instruments were immaterial, and are therefore excluded from the table below. The carrying amounts and estimated fair value of financial instruments are as follows: March 31, 2023 Fair Value Measurements Using (In thousands) Carrying Fair Value (Level 1) (Level 2) (Level 3) Cash and cash equivalents $ 178,322 $ 178,322 $ 178,322 $ - $ - Long term certificates of deposit 4,581 4,379 - 4,379 - Securities available-for-sale 316,864 316,864 - 316,864 - Securities held-to-maturity 736,983 685,893 - 685,893 - Equity securities 295 295 295 - - Federal Home Loan Bank stock 1,461 1,461 - 1,461 - Net loans receivable 1,388,321 1,278,163 - - 1,278,163 Accrued interest receivable 13,992 13,992 - 13,992 - Deposits 2,472,323 2,472,849 - 2,472,849 - Subordinated notes payable, net 49,449 47,078 - 47,078 - Accrued interest payable 306 306 - 306 - June 30, 2022 Fair Value Measurements Using (In thousands) Carrying Fair Value (Level 1) (Level 2) (Level 3) Cash and cash equivalents $ 69,009 $ 69,009 $ 69,009 $ - $ - Long term certificates of deposit 4,107 3,993 - 3,993 - Securities available-for-sale 408,062 408,062 - 408,062 - Securities held-to-maturity 761,852 710,453 - 710,453 - Equity securities 273 273 273 - - Federal Home Loan Bank stock 6,803 6,803 - 6,803 - Net loans receivable 1,229,355 1,170,960 - - 1,170,960 Accrued interest receivable 8,917 8,917 - 8,917 - Deposits 2,212,604 2,212,743 - 2,212,743 - Borrowings 123,700 123,793 - 123,793 - Subordinated notes payable, net 49,310 49,168 - 49,168 - Accrued interest payable 603 603 - 603 -

Earnings Per Share

Earnings Per Share	9 Months Ended
	Mar. 31, 2023
Earnings Per Share [Abstract]
Earnings Per Share	(7) Earnings Per Share Basic earnings per share is computed by dividing net income by the weighted average number of common shares outstanding during the period. Diluted earnings per share is computed in a manner similar to that of basic earnings per share except that the weighted-average number of common shares outstanding is increased to include the number of incremental common shares that would have been outstanding under the treasury stock method if all potentially dilutive common shares (such as stock options) issued became vested during the period. There were no dilutive or anti-dilutive securities or contracts outstanding during the three and nine months ended March 31, 2023 and 2022. On March 23, 2023, the Company effected a 2-for-1 stock split in the form of a stock dividend on its outstanding shares of common stock. Weighted-average number of shares and earnings per share have been retroactively adjusted in all periods presented as if the new shares had been issued and outstanding at the same time as the original shares. For the three months ended March 31, For the nine months ended March 31, 2023 2022 2023 2022 Net Income $ 8,091,000 $ 7,188,000 $ 24,325,000 $ 21,179,000 Weighted Average Shares – Basic 17,026,828 17,026,828 17,026,828 17,026,828 Weighted Average Shares – Diluted 17,026,828 17,026,828 17,026,828 17,026,828 Earnings per share – Basic $ 0.48 $ 0.42 $ 1.43 $ 1.24 Earnings per share – Diluted $ 0.48 $ 0.42 $ 1.43 $ 1.24

Dividends

Dividends	9 Months Ended
	Mar. 31, 2023
Dividends [Abstract]
Dividends	(8) Dividends On February 21, 2023, the Board of Directors declared a 2-for-1 stock split on the Company’s common stock effective March 23, 2023 to outstanding common stockholders of record as of March 8, 2023. On January 18, 2023, the Company announced that its Board of Directors has approved a quarterly cash dividend of $0.07 per share on the Company’s common stock. The dividend reflects an annual cash dividend rate of $0.28 per share. The dividend rate reflects the 2-for-1 stock split, distributed after the close of trading on March 23, 2023 and is unchanged from the previous quarterly dividend, which was $0.14 on a pre-split adjusted basis, which was the same rate as the dividend declared during the previous quarter. The dividend was payable to stockholders of record as of February 13, 2023, and was paid on February 27, 2023. Greene County Bancorp, MHC waived its right to receive this dividend.

Impact of Recent Accounting Pro

Impact of Recent Accounting Pronouncements	9 Months Ended
	Mar. 31, 2023
Impact of Recent Accounting Pronouncements [Abstract]
Impact of Recent Accounting Pronouncements	(9) Impact of Recent Accounting Pronouncements Accounting Pronouncements to be adopted in future periods In June 2016, the FASB issued an Update (ASU 2016-13) to its guidance on “Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments”. ASU 2016-13 requires credit losses on most financial assets measured at amortized cost and certain other instruments to be measured using an expected credit loss model (referred to as the current expected credit loss (CECL) model). Under this model, entities will estimate credit losses over the entire contractual term of the instrument (considering estimated prepayments, but not expected extensions or modifications unless reasonable expectation of a troubled debt restructuring exists) from the date of initial recognition of that instrument. The ASU also replaces the current accounting model for purchased credit impaired loans and debt securities. The allowance for credit losses for purchased financial assets with a more-than insignificant amount of credit deterioration since origination (“PCD assets”), should be determined in a similar manner to other financial assets measured on an amortized cost basis. However, upon initial recognition, the allowance for credit losses is added to the purchase price (“gross up approach”) to determine the initial amortized cost basis. The subsequent accounting for PCD financial assets is the same expected loss model described above. Further, the ASU made certain targeted amendments to the existing impairment model for available-for-sale (AFS) debt securities. For an AFS debt security for which there is neither the intent nor a more-likely-than-not requirement to sell, an entity will record credit losses as an allowance rather than a write-down of the amortized cost basis. An entity will apply the amendments in this Update through a cumulative-effect adjustment to retained earnings as of the beginning of the first reporting period in which the guidance is effective (that is, a modified-retrospective approach). In November 2018, the FASB issued ASU 2018-19, Codification Improvements to Topic 326, Financial Instruments-Credit Losses, which aligns the implementation date for nonpublic entities’ annual financial statements with the implementation date for their interim financial statements and clarifies the scope of the guidance in the amendments in ASU 2016-13. In April 2019, the FASB issued ASU 2019-04, Codification Improvements to Topic 326, Financial Instruments-Credit Losses, Topic 815, Derivatives and Hedging, and Topic 825, Financial Instruments. The amendments to Topic 326 and other topics in ASU 2019-04 include items related to the amendments in ASU 2016-13 discussed at the June 2018 and November 2018 Credit Losses TRG meetings. The amendments clarify or address stakeholders’ specific issues about certain aspects of the amendments in ASU 2016-13 on a number of different topics, including the following: accrued interest, transfers between classifications or categories for loans and debt securities, recoveries, consideration of prepayments in determining the effective interest rate, consideration of estimated costs to sell when foreclosure is probable, vintage disclosures— line-of-credit arrangements converted to term loans, and contractual extensions and renewals. The effective dates and transition requirements for the amendments related to this Update are the same as the effective dates and transition requirements in ASU 2016-13. In November 2019, the FASB issued ASU 2019-11 Codification Improvements to Topic 326 Financial Instruments Credit Losses provides additional clarification to specific issues about certain aspects of the amendments in ASU 2016-13 related to measuring the allowance for loan losses under the new guidance. The Company is currently evaluating the potential impact on our consolidated results of operations or financial position. The initial adjustment will not be reported in earnings and therefore will not have any material impact on our consolidated results of operations, but it is expected that it will have an impact on our consolidated financial position at the date of adoption. At this time, we have not calculated the estimated impact that this Update will have on our allowance for credit losses, however, we anticipate it will have a significant impact on the methodology process we utilize to calculate the allowance. To date, the Company has implemented a detailed project plan, established a governance structure, selected a software vendor, hired resources to support the CECL modeling, incorporated data requirements and enhancements into our standard processes, selected portfolio segmentations, determined the credit loss methodology for each portfolio, performed parallel calculations for certain elements of the model, selected a model validation firm and have finalized the methodology and reserve processes for the CECL related to HTM investment and the CECL related to off-balance sheet credit exposures. We ar 3. In March 2020, the FASB issued an Update (ASU 2020-04), Reference Rate Reform (Topic 848). On January 7, 2021, the FASB issued (ASU 2021-01), which refines the scope of ASC 848 and clarifies some of its guidance. The ASU and related amendments provide temporary optional expedients and exceptions to the existing guidance for applying GAAP to affected contract modifications and hedge accounting relationships in the transition away from the London Interbank Offered Rate (“LIBOR”) or other interbank offered rate on financial reporting. The guidance also allows a one-time election to sell and/or reclassify to AFS or trading HTM debt securities that reference an interest rate affected by reference rate reform. The amendments in this ASU are effective March 12, 2020 through December 31, 2022 and permits relief solely for reference rate reform actions and permits different elections over the effective date for legacy and new activity. The expedients and exceptions provided by the amendments do not apply to contract modifications made and hedging relationships entered into or evaluated after December 31, 2022, except for hedging relationships existing as of December 31, 2022, that an entity has elected certain optional expedients for and that are retained through the end of the hedging relationship. The Company does not expect the impact of adopting the new guidance to have a material impact on the consolidated financial statements. The Company’s LIBOR exposure is minimal and limited to a couple of participation loans and risk participation agreements. The Company is working with the lead lenders to execute the required contract modifications. In March 2022, the FASB issued ASU No. 2022-02, amendments related to Troubled Debt Restructurings (TDRs) for all entities after they adopt ASU 2016-13 and amendments related to vintage disclosures that affect public business entities with investments in financing receivables, under Financial Instruments-Credit Losses (Topic 326). The ASU eliminates the guidance on TDRs and requires an evaluation on all loan modifications to determine if they result in a new loan or a continuation of the existing loan. The ASU also requires that entities disclose current-period gross charge-offs by year of origination and eliminates the recognition and measurement guidance for TDRs in Subtopic 310-40. The effective dates for the amendments in this Update are the same as the effective dates in ASU 2016-13. The amendments in this Update should be applied prospectively, except for the transition method related to the recognition and measurement of TDRs, an entity has the option to apply a modified retrospective transition method, resulting in a cumulative-effect adjustment to retained earnings in the period of adoption. The Company will implement the Update with the adoption of ASU 2016-13.

Employee Benefit Plans

Employee Benefit Plans	9 Months Ended
	Mar. 31, 2023
Employee Benefit Plans [Abstract]
Employee Benefit Plans	(10) Employee Benefit Plans Defined Benefit Plan The components of net periodic pension cost related to the defined benefit pension plan for the three and nine months ended March 31, 2023 and 2022 were as follows: Three months ended March 31, Nine months ended March 31, (In thousands) 2023 2022 2023 2022 Interest cost $ 50 $ 42 $ 150 $ 126 Expected return on plan assets (55 ) (70 ) (165 ) (210 ) Amortization of net loss 27 32 81 96 Net periodic pension cost $ 22 $ 4 $ 66 $ 12 The interest cost, expected return on plan assets and amortization of net loss components are included in other noninterest expense on the consolidated statements of income. On an annual basis, upon the completion of the third-party actuarial valuation related to the defined benefit pension plan, the Company records adjustments to accumulated other comprehensive income. SERP The Board of Directors of The Bank of Greene County adopted The Bank of Greene County Supplemental Executive Retirement Plan (the “SERP”), effective as of July 1, 2010. The SERP benefits certain key senior executives of the Bank who have been selected by the Board to participate. The SERP is intended to provide a benefit from the Bank upon vested retirement, death or disability or voluntary or involuntary termination of service (other than “for cause”). The SERP is more fully described in Note 9 of the consolidated financial statements for the year ended June 30, 2022. The net periodic pension costs related to the SERP for the three and nine months ended March 31, 2023 were $396,000 and $1.2 million, respectively, included within salaries and benefits expense on the consolidated statements of income. The total liability for the SERP was $11.5

Stock-Based Compensation

Stock-Based Compensation	9 Months Ended
	Mar. 31, 2023
Stock-Based Compensation [Abstract]
Stock-Based Compensation	(11) Stock-Based Compensation Phantom Stock Option Plan and Long-term Incentive Plan The Greene County Bancorp, Inc. 2011 Phantom Stock Option and Long-term Incentive Plan (the “Plan”) was adopted effective July 1, 2011, to promote the long-term financial success of the Company and its subsidiaries by providing a means to attract, retain and reward individuals who contribute to such success and to further align their interests with those of the Company’s shareholders. The Plan is intended to provide benefits to employees and directors of the Company or any subsidiary as designated by the Compensation Committee of the Board of Directors of the Company (“Committee”). A phantom stock option represents the right to receive a cash payment on the date the award vests. The Plan is more fully described in Note 10 of the consolidated financial statements for the year ended June 30, 2022. All share and per share data has been retroactively adjusted in all periods presented to reflect the 2-for-1 stock split, which was paid on March 23, 2023, as if the new share options had been granted at the same time as the original share options A summary of the Company’s phantom stock option activity and related information for the Plan for the three and nine months ended March 31, 2023 and 2022 were as follows: Three months ended March 31, Nine months ended March 31, 2023 2022 2023 2022 Number of options outstanding, beginning of period 2,614,840 3,013,040 2,959,040 3,015,200 Options Granted - - 807,200 950,240 Options Paid in Cash (70,000 ) (54,000 ) (1,221,400 ) (1,006,400 ) Number of options outstanding, end of period 2,544,840 2,959,040 2,544,840 2,959,040 Three months ended March 31, Nine months ended March 31, (In thousands) 2023 2022 2023 2022 Cash paid out on options vested $ 184 $ 83 $ 4,288 $ 3,137 Compensation costs recognized $ 1,239 $ 1,143 $ 3,233 $ 3,020 The total liability for the Plan was $5.1 million and $6.1 million at March 31, 2023 and June 30, 2022, respectively, and is included in accrued expenses and other liabilities on the consolidated statements of financial condition.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	9 Months Ended
	Mar. 31, 2023
Accumulated Other Comprehensive Loss [Abstract]
Accumulated Other Comprehensive Loss	(12) Accumulated Other Comprehensive Loss The components of accumulated other comprehensive loss at March 31, 2023 and 2022 are presented as follows: Activity for the three months ended March 31, 2023 and 2022 ( In thousands Unrealized gain (losses) on securities available-for- sale Pension Total Balance - December 31, 2021 $ (2,224 ) $ (1,509 ) $ (3,733 ) Other comprehensive loss before reclassification (9,732 ) - (9,732 ) Other comprehensive loss for the three months ended March 31, 2022 (9,732 ) - (9,732 ) Balance – March 31, 2022 $ (11,956 ) $ (1,509 ) $ (13,465 ) Balance - December 31, 2022 $ (21,911 ) $ (1,115 ) $ (23,026 ) Other comprehensive income before reclassification 2,927 - 2,927 Other comprehensive income for the three months ended March 31, 2023 2,927 - 2,927 Balance - March 31, 2023 $ (18,984 ) $ (1,115 ) $ (20,099 ) Activity for the nine months ended March 31, 2023 and 2022 ( In thousands Unrealized gain (losses) on securities available-for- sale Pension Total Balance at June 30, 2021 $ 348 $ (1,509 ) $ (1,161 ) Other comprehensive loss before reclassification (12,304 ) - (12,304 ) Other comprehensive loss for the nine months ended March 31, 2022 (12,304 ) - (12,304 ) Balance at March 31, 2022 $ (11,956 ) $ (1,509 ) $ (13,465 ) Balance – June 30, 2022 $ (17,268 ) $ (1,115 ) $ (18,383 ) Other comprehensive loss before reclassification (1,900 ) - (1,900 ) Amounts reclassified to net loss on sale of available-for-sale securities non-interest income 251 - 251 Tax expense effect 67 - 67 Net of tax 184 - 184 Other comprehensive loss for the nine months ended March 31, 2023 (1,716 ) - (1,716 ) Balance at March 31, 2023 $ (18,984 ) $ (1,115 ) $ (20,099 )

Operating leases

Operating leases	9 Months Ended
	Mar. 31, 2023
Operating leases [Abstract]
Operating leases	(13) Operating leases The Company leases certain branch properties under long-term, operating lease agreements. The Company’s operating lease agreements contain non-lease components, which are accounted for separately. The Company’s lease agreements do not contain any residual value guarantee. The Company entered into a new lease commitment for a new branch location in East Greenbush, NY during the quarter ended March 31, 2023. The following includes quantitative data related to the Company’s operating leases as of March 31, 2023 and June 30, 2022, and for the three and nine months ended March 31, 2023 and 2022: (In thousands, except weighted-average information). Operating lease amounts: March 31, 2023 June 30, 2022 Right-of-use assets $ 2,291 $ 1,980 Lease liabilities $ 2,364 $ 2,040 For the three months ended March 31, 2023 2022 (In thousands) Other information: Operating outgoing cash flows from operating leases $ 90 $ 89 Right-of-use assets obtained in exchange for new operating lease liabilities $ 561 $ - Lease costs: Operating lease cost $ 87 $ 81 Variable lease cost $ 12 $ 12 For the nine months ended March 31, 2023 2022 (In thousands) Other information: Operating outgoing cash flows from operating leases $ 269 $ 263 Right-of-use assets obtained in exchange for new operating lease liabilities $ 561 $ 415 Lease costs: Operating lease cost $ 250 $ 242 Variable lease cost $ 32 $ 32 The following is a schedule by year of the undiscounted cash flows of the operating lease liabilities, as of March 31, 2023: (in thousands) Within the twelve months ended 2023 $ 329 2024 458 2025 452 2026 425 2027 345 Thereafter 562 Total undiscounted cash flow 2,571 Less net present value adjustment (207 ) Lease Liability $ 2,364 Weighted-average remaining lease term (Years) 5.04 Weighted-average discount rate 2.66 % Right-of-use assets are included in prepaid expenses and other assets accrued expenses and other liabilities

Commitments and Contingent Liab

Commitments and Contingent Liabilities	9 Months Ended
	Mar. 31, 2023
Commitments and Contingent Liabilities [Abstract]
Commitments and Contingent Liabilities	(14) Commitments and Contingent Liabilities In the normal course of business there are various commitments and contingent liabilities outstanding pertaining to the granting of loans and the lines of credit, which are not reflected in the accompanying consolidated financial statements. The Company’s unfunded loan commitments and unused lines of credit are as follows: (In thousands) March 31, 2023 June 30, 2022 Unfunded loan commitments $ 96,111 $ 213,420 Unused lines of credit 92,108 85,971 Standby letters of credit 889 189 Total commitments $ 189,108 $ 299,580 Commitments to extend credit in the form of loan commitments and lines of credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. Since many of the commitments are expected to expire without being fully drawn upon, the total commitment amounts do not necessarily represent future cash requirements. The Company evaluates each customer’s credit worthiness on a case-by-case basis. The amount of collateral, if any, required upon an extension of credit is based on management’s evaluation of customer credit. Commitments to extend mortgage credit are primarily collateralized by first liens on real estate. Collateral on extensions of commercial lines of credit vary but may include accounts receivable, inventory, property, plant and equipment, and income producing commercial property. The Company and its subsidiaries are, from time to time, parties to various legal proceedings arising out of their businesses. Except as noted below, management believes there are no such legal proceedings pending or threatened against the Company or its subsidiaries, if determined adversely, would have a material adverse effect on the business, consolidated financial condition, results of operations or cash flows of the Company or any of its subsidiaries. On April 26, 2022, Andrew Broockmann, a customer of The Bank of Greene County (the “Bank”), filed a putative class action complaint against the Bank in the United States District Court for the Northern District of New York. The complaint alleges that the Bank improperly assessed overdraft fees on debit-card transactions that were authorized on a positive account balance but settled on a negative balance. Mr. Broockmann, on behalf of the putative class, seeks compensatory damages, punitive damages, enjoinment of the conduct complained of, and costs and fees. The complaint is similar to complaints filed against other financial institutions pertaining to overdraft fees. The Bank denies that it improperly assessed overdraft fees or breached any agreement with Mr. Broockmann or with members of the putative class. On February 28, 2023, the parties entered into a settlement agreement which contemplates, among other things, that the Bank will (a) pay a cash payment of $1,150,000, (b) forgive, waive, and not collect an additional $64,500 in uncollected overdraft fees, and (c) cease collecting certain types of overdraft fees. On March 8, 2023, class counsel filed a motion seeking the court’s preliminary approval of the class action settlement. That motion remains pending. The Company had reserved

Subsequent events

Subsequent events	9 Months Ended
	Mar. 31, 2023
Subsequent events [Abstract]
Subsequent events	(15) Subsequent events On April 19, 2023, the Board of Directors announced a cash dividend for the quarter ended March 31, 2023 of $0.07 per share on Greene County Bancorp, Inc.’s common stock. The dividend reflects an annual cash dividend rate of $0.28 per share. The dividend rate reflects the 2-for-1 stock split, distributed after the close of trading on March 23, 2023 and is unchanged from the previous quarterly dividend, which was $0.14 on a pre-split adjusted basis. The dividend will be payable to stockholders of record as of May 15, 2023, and is expected to be paid on May 31, 2023. The Greene County Bancorp, MHC intends to waive its receipt of this dividend.

Basis of Presentation (Policies

Basis of Presentation (Policies)	9 Months Ended
	Mar. 31, 2023
Basis of Presentation [Abstract]
Basis of Presentation	Within the accompanying unaudited consolidated statements of financial condition, and related notes to the consolidated financial statements, June 30, 2022 data were derived from the audited consolidated financial statements of Greene County Bancorp, Inc. (the “Company”) and its wholly owned subsidiaries, The Bank of Greene County (the “Bank”) and Greene Risk Management, Inc., and the Bank’s wholly owned subsidiaries, Greene County Commercial Bank (the “Commercial Bank”) and Greene Property Holdings, Ltd. The consolidated financial statements at and for the three and nine months ended March 31, 2023 and 2022 are unaudited. On March 23, 2023, the Company effected a 2-for-1 stock split in the form of a stock dividend on its outstanding shares of common stock. All share and per share data throughout this Quarterly Report on Form 10-Q have been retroactively adjusted to reflect the stock split. The shares of common stock retain a par value of $0.10 per share. Accordingly, an amount equal to the par value of the increased shares resulting from the stock split was reclassified from “Additional paid-in capital” to “Common stock”. The financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and with the instructions to Form 10-Q and Article 8 of Regulation S-X. Accordingly, they do not include all of the information and notes required by GAAP for complete financial statements. To the extent that information and notes required by GAAP for complete financial statements are contained in or are consistent with the audited financial statements incorporated by reference to Greene County Bancorp, Inc.’s Annual Report on Form 10-K for the year ended June 30, 2022, such information and notes have not been duplicated herein. In the opinion of management, all adjustments (consisting of only normal recurring items) necessary for a fair presentation of the financial position and results of operations and cash flows at and for the periods presented have been included. The Company had no material reclassifications from amounts in the prior year’s consolidated financial statements to conform to the current year’s presentation. All material inter-company accounts and transactions have been eliminated in the consolidation. The results of operations and other data for the three and nine months ended March 31, 2023 are not necessarily indicative of results that may be expected for the entire fiscal year ending June 30, 2023. These consolidated financial statements consider events that occurred through the date the consolidated financial statements were issued and should be read in conjunction with the audited consolidated financial statements and notes included in the Company’s Annual Report on Form 10-K.

Nature of Operations (Policies)

Nature of Operations (Policies)	9 Months Ended
	Mar. 31, 2023
Nature of Operations [Abstract]
Nature of Operations	The Company’s primary business is the ownership and operation of its subsidiaries. At March 31, 2023, the Bank has 17 full-service banking offices, an operations center, customer call center and lending center located in its market area consisting of the Hudson Valley and Capital District Regions of New York State. The Bank is primarily engaged in the business of attracting deposits from the general public in the Bank’s market area, and investing such deposits, together with other sources of funds, in loans and investment securities. The Commercial Bank’s primary business is to attract deposits from, and provide banking services to, local municipalities. Greene Property Holdings, Ltd. was formed as a New York corporation that has elected under the Internal Revenue Code to be a real estate investment trust. Currently, certain mortgages and loan notes held by the Bank are transferred and beneficially owned by Greene Property Holdings, Ltd. The Bank continues to service these loans. Greene Risk Management, Inc. was formed in December 2014 as a pooled captive insurance company subsidiary of the Company, incorporated in the State of Nevada. The purpose of this company is to provide additional insurance coverage for the Company and its subsidiaries related to the operations of the Company for which insurance may not be economically feasible.

Use of Estimates (Policies)

Use of Estimates (Policies)	9 Months Ended
	Mar. 31, 2023
Use of Estimates [Abstract]
Use of Estimates	The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could materially differ from those estimates. Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the allowance for loan losses and the assessment of other-than-temporary security impairment. While management uses available information to recognize losses on loans, future additions to the allowance for loan losses (the “Allowance”) may be necessary, based on changes in economic conditions, asset quality or other factors. In addition, various regulatory authorities, as an integral part of their examination process, periodically review the Allowance. Such authorities may require the Company to recognize additions to the Allowance based on their judgments of information available to them at the time of their examination. The Company makes an assessment to determine whether there have been any events or economic circumstances to indicate that a security on which there is an unrealized loss is impaired on an other-than-temporary basis. The Company considers many factors including the severity and duration of the impairment; the intent and ability of the Company to hold the security for a period of time sufficient for a recovery in value; recent events specific to the issuer or industry; and for debt securities, intent to sell the security, whether it is more likely than not we will be required to sell the security before recovery, whether loss is expected, external credit ratings and recent downgrades. Securities on which there is an unrealized loss that is deemed to be other-than-temporary are written down to fair value through earnings.

Securities (Policies)

Securities (Policies)	9 Months Ended
	Mar. 31, 2023
Securities [Abstract]
Federal Home Loan Bank Stock	Federal Home Loan Bank Stock Federal law requires a member institution of the Federal Home Loan Bank (“FHLB”) system to hold stock of its district FHLB according to a predetermined formula. This stock is restricted in that it can only be sold to the FHLB or to another member institution, and all sales of FHLB stock must be at par. As a result of these restrictions, FHLB stock is carried at cost. FHLB stock is held as a long-term investment and its value is determined based on the ultimate recoverability of the par value. Impairment of this investment is evaluated quarterly and is a matter of judgment that reflects management’s view of the FHLB’s long-term performance, which includes factors such as the following: its operating performance; the severity and duration of declines in the fair value of its net assets related to its capital stock amount; its commitment to make payments required by law or regulation and the level of such payments in relation to its operating performance; the impact of legislative and regulatory changes on the FHLB, and accordingly, on the members of the FHLB; and its liquidity and funding position. After evaluating these considerations, the Company concluded that the par value of its investment in FHLB stock will be recovered and, therefore, no impairment charge was recorded during the three and nine months ended March 31, 2023 or 2022.

Impact of Recent Accounting P_2

Impact of Recent Accounting Pronouncements (Policies)	9 Months Ended
	Mar. 31, 2023
Impact of Recent Accounting Pronouncements [Abstract]
Impact of Recent Accounting Pronouncements	Accounting Pronouncements to be adopted in future periods In June 2016, the FASB issued an Update (ASU 2016-13) to its guidance on “Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments”. ASU 2016-13 requires credit losses on most financial assets measured at amortized cost and certain other instruments to be measured using an expected credit loss model (referred to as the current expected credit loss (CECL) model). Under this model, entities will estimate credit losses over the entire contractual term of the instrument (considering estimated prepayments, but not expected extensions or modifications unless reasonable expectation of a troubled debt restructuring exists) from the date of initial recognition of that instrument. The ASU also replaces the current accounting model for purchased credit impaired loans and debt securities. The allowance for credit losses for purchased financial assets with a more-than insignificant amount of credit deterioration since origination (“PCD assets”), should be determined in a similar manner to other financial assets measured on an amortized cost basis. However, upon initial recognition, the allowance for credit losses is added to the purchase price (“gross up approach”) to determine the initial amortized cost basis. The subsequent accounting for PCD financial assets is the same expected loss model described above. Further, the ASU made certain targeted amendments to the existing impairment model for available-for-sale (AFS) debt securities. For an AFS debt security for which there is neither the intent nor a more-likely-than-not requirement to sell, an entity will record credit losses as an allowance rather than a write-down of the amortized cost basis. An entity will apply the amendments in this Update through a cumulative-effect adjustment to retained earnings as of the beginning of the first reporting period in which the guidance is effective (that is, a modified-retrospective approach). In November 2018, the FASB issued ASU 2018-19, Codification Improvements to Topic 326, Financial Instruments-Credit Losses, which aligns the implementation date for nonpublic entities’ annual financial statements with the implementation date for their interim financial statements and clarifies the scope of the guidance in the amendments in ASU 2016-13. In April 2019, the FASB issued ASU 2019-04, Codification Improvements to Topic 326, Financial Instruments-Credit Losses, Topic 815, Derivatives and Hedging, and Topic 825, Financial Instruments. The amendments to Topic 326 and other topics in ASU 2019-04 include items related to the amendments in ASU 2016-13 discussed at the June 2018 and November 2018 Credit Losses TRG meetings. The amendments clarify or address stakeholders’ specific issues about certain aspects of the amendments in ASU 2016-13 on a number of different topics, including the following: accrued interest, transfers between classifications or categories for loans and debt securities, recoveries, consideration of prepayments in determining the effective interest rate, consideration of estimated costs to sell when foreclosure is probable, vintage disclosures— line-of-credit arrangements converted to term loans, and contractual extensions and renewals. The effective dates and transition requirements for the amendments related to this Update are the same as the effective dates and transition requirements in ASU 2016-13. In November 2019, the FASB issued ASU 2019-11 Codification Improvements to Topic 326 Financial Instruments Credit Losses provides additional clarification to specific issues about certain aspects of the amendments in ASU 2016-13 related to measuring the allowance for loan losses under the new guidance. The Company is currently evaluating the potential impact on our consolidated results of operations or financial position. The initial adjustment will not be reported in earnings and therefore will not have any material impact on our consolidated results of operations, but it is expected that it will have an impact on our consolidated financial position at the date of adoption. At this time, we have not calculated the estimated impact that this Update will have on our allowance for credit losses, however, we anticipate it will have a significant impact on the methodology process we utilize to calculate the allowance. To date, the Company has implemented a detailed project plan, established a governance structure, selected a software vendor, hired resources to support the CECL modeling, incorporated data requirements and enhancements into our standard processes, selected portfolio segmentations, determined the credit loss methodology for each portfolio, performed parallel calculations for certain elements of the model, selected a model validation firm and have finalized the methodology and reserve processes for the CECL related to HTM investment and the CECL related to off-balance sheet credit exposures. We ar 3. In March 2020, the FASB issued an Update (ASU 2020-04), Reference Rate Reform (Topic 848). On January 7, 2021, the FASB issued (ASU 2021-01), which refines the scope of ASC 848 and clarifies some of its guidance. The ASU and related amendments provide temporary optional expedients and exceptions to the existing guidance for applying GAAP to affected contract modifications and hedge accounting relationships in the transition away from the London Interbank Offered Rate (“LIBOR”) or other interbank offered rate on financial reporting. The guidance also allows a one-time election to sell and/or reclassify to AFS or trading HTM debt securities that reference an interest rate affected by reference rate reform. The amendments in this ASU are effective March 12, 2020 through December 31, 2022 and permits relief solely for reference rate reform actions and permits different elections over the effective date for legacy and new activity. The expedients and exceptions provided by the amendments do not apply to contract modifications made and hedging relationships entered into or evaluated after December 31, 2022, except for hedging relationships existing as of December 31, 2022, that an entity has elected certain optional expedients for and that are retained through the end of the hedging relationship. The Company does not expect the impact of adopting the new guidance to have a material impact on the consolidated financial statements. The Company’s LIBOR exposure is minimal and limited to a couple of participation loans and risk participation agreements. The Company is working with the lead lenders to execute the required contract modifications. In March 2022, the FASB issued ASU No. 2022-02, amendments related to Troubled Debt Restructurings (TDRs) for all entities after they adopt ASU 2016-13 and amendments related to vintage disclosures that affect public business entities with investments in financing receivables, under Financial Instruments-Credit Losses (Topic 326). The ASU eliminates the guidance on TDRs and requires an evaluation on all loan modifications to determine if they result in a new loan or a continuation of the existing loan. The ASU also requires that entities disclose current-period gross charge-offs by year of origination and eliminates the recognition and measurement guidance for TDRs in Subtopic 310-40. The effective dates for the amendments in this Update are the same as the effective dates in ASU 2016-13. The amendments in this Update should be applied prospectively, except for the transition method related to the recognition and measurement of TDRs, an entity has the option to apply a modified retrospective transition method, resulting in a cumulative-effect adjustment to retained earnings in the period of adoption. The Company will implement the Update with the adoption of ASU 2016-13.

Securities (Tables)

Securities (Tables)	9 Months Ended
	Mar. 31, 2023
Securities [Abstract]
Components of Securities	Securities at March 31, 2023 consisted of the following: (In thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value Securities available-for-sale: U.S. government sponsored enterprises $ 13,058 $ - $ 2,054 $ 11,004 U.S. treasury securities 18,377 - 1,712 16,665 State and political subdivisions 171,980 635 22 172,593 Mortgage-backed securities-residential 30,335 - 3,801 26,534 Mortgage-backed securities-multi-family 91,113 - 17,500 73,613 Corporate debt securities 17,906 - 1,451 16,455 Total securities available-for-sale 342,769 635 26,540 316,864 Securities held-to-maturity: U.S. treasury securities 33,684 - 2,071 31,613 State and political subdivisions 484,093 4,081 29,051 459,123 Mortgage-backed securities-residential 38,417 - 3,089 35,328 Mortgage-backed securities-multi-family 159,113 - 18,286 140,827 Corporate debt securities 21,637 - 2,674 18,963 Other securities 39 - - 39 Total securities held-to-maturity 736,983 4,081 55,171 685,893 Total securities $ 1,079,752 $ 4,716 $ 81,711 $ 1,002,757 Securities at June 30, 2022 consisted of the following: (In thousands) Amortized Cost Gross Unrealized Gross Unrealized Estimated Fair Value Securities available-for-sale: U.S. government sponsored enterprises $ 13,066 $ - $ 1,747 $ 11,319 U.S. treasury securities 20,158 - 1,731 18,427 State and political subdivisions 247,978 374 276 248,076 Mortgage-backed securities-residential 33,186 - 3,289 29,897 Mortgage-backed securities-multi-family 99,353 - 15,644 83,709 Corporate debt securities 17,884 - 1,250 16,634 Total securities available-for-sale 431,625 374 23,937 408,062 Securities held-to-maturity: U.S. treasury securities 33,623 - 1,643 31,980 State and political subdivisions 493,897 2,760 35,747 460,910 Mortgage-backed securities-residential 42,461 1 2,242 40,220 Mortgage-backed securities-multi-family 171,921 2 13,895 158,028 Corporate debt securities 19,900 16 651 19,265 Other securities 50 - - 50 Total securities held-to-maturity 761,852 2,779 54,178 710,453 Total securities $ 1,193,477 $ 3,153 $ 78,115 $ 1,118,515
Securities in Continuous Unrealized Loss Position	The following table shows fair value and gross unrealized losses, aggregated by security category and length of time that individual securities have been in a continuous unrealized loss position, at March 31, 2023. Less Than 12 Months More Than 12 Months Total (In thousands, except number of securities) Fair Value Unrealized Losses Number of Securities Fair Value Unrealized Losses Number of Securities Fair Value Unrealized Number of Securities available-for-sale: U.S. government sponsored enterprises $ - $ - - $ 11,004 $ 2,054 5 $ 11,004 $ 2,054 5 U.S. treasury securities 229 1 1 16,436 1,711 7 16,665 1,712 8 State and political subdivisions 24,618 20 8 82 2 1 24,700 22 9 Mortgage-backed securities-residential 521 25 10 26,013 3,776 19 26,534 3,801 29 Mortgage-backed securities-multi-family 2,731 142 1 70,882 17,358 30 73,613 17,500 31 Corporate debt securities 487 14 1 15,968 1,437 15 16,455 1,451 16 Total securities available-for-sale 28,586 202 21 140,385 26,338 77 168,971 26,540 98 Securities held-to-maturity: U.S. treasury securities - - - 31,613 2,071 8 31,613 2,071 8 State and political subdivisions 216,800 9,556 3,113 132,787 19,495 809 349,587 29,051 3,922 Mortgage-backed securities-residential 2,094 90 11 33,223 2,999 18 35,317 3,089 29 Mortgage-backed securities-multi-family 18,176 712 9 122,651 17,574 49 140,827 18,286 58 Corporate debt securities 11,230 1,618 9 7,733 1,056 9 18,963 2,674 18 Total securities held-to-maturity 248,300 11,976 3,142 328,007 43,195 893 576,307 55,171 4,035 Total securities $ 276,886 $ 12,178 3,163 $ 468,392 $ 69,533 970 $ 745,278 $ 81,711 4,133 The following table shows fair value and gross unrealized losses, aggregated by security category and length of time that individual securities have been in a continuous unrealized loss position, at June 30, 2022. Less Than 12 Months More Than 12 Months Total (In thousands, except number of securities) Fair Value Unrealized Losses Number of Securities Fair Value Unrealized Losses Number of Securities Fair Value Unrealized Losses Number of Securities Securities available-for-sale: U.S. government sponsored enterprises $ 11,319 $ 1,747 5 $ - $ - - $ 11,319 $ 1,747 5 U.S. treasury securities 18,427 1,731 8 - - - 18,427 1,731 8 State and political subdivisions 140,324 276 148 - - - 140,324 276 148 Mortgage-backed securities-residential 29,872 3,289 27 - - - 29,872 3,289 27 Mortgage-backed securities-multi-family 71,631 12,868 29 12,078 2,776 5 83,709 15,644 34 Corporate debt securities 16,634 1,250 16 - - - 16,634 1,250 16 Total securities available-for-sale 288,207 21,161 233 12,078 2,776 5 300,285 23,937 238 Securities held-to-maturity: U.S. treasury securities 31,980 1,643 9 - - - 31,980 1,643 9 State and political subdivisions 353,837 35,564 2,362 735 183 5 354,572 35,747 2,367 Mortgage-backed securities-residential 39,865 2,242 27 - - - 39,865 2,242 27 Mortgage-backed securities-multi-family 155,726 13,895 68 - - - 155,726 13,895 68 Corporate debt securities 10,751 651 11 - - - 10,751 651 11 Total securities held-to-maturity 592,159 53,995 2,477 735 183 5 592,894 54,178 2,482 Total securities $ 880,366 $ 75,156 2,710 $ 12,813 $ 2,959 10 $ 893,179 $ 78,115 2,720
Investments Classified by Contractual Maturity Date	The estimated fair values of debt securities at March 31, 2023, by contractual maturity are shown below. Expected maturities may differ from contractual maturities, because issuers may have the right to call or prepay obligations with or without call or prepayment penalties. (In thousands) Available-for-sale debt securities Amortized Cost Fair Value Within one year $ 171,917 $ 172,531 After one year through five years 29,280 27,014 After five years through ten years 18,624 15,995 After ten years 1,500 1,177 Total 221,321 216,717 Mortgage-backed securities 121,448 100,147 Total available-for-sale securities 342,769 316,864 Held-to-maturity debt securities Within one year 56,489 56,054 After one year through five years 169,883 165,722 After five years through ten years 142,164 134,575 After ten years 170,917 153,387 Total 539,453 509,738 Mortgage-backed securities 197,530 176,155 Total held-to-maturity securities 736,983 685,893 Total debt securities $ 1,079,752 $ 1,002,757

Loans and Allowance for Loan _2

Loans and Allowance for Loan Losses (Tables)	9 Months Ended
	Mar. 31, 2023
Loans and Allowance for Loan Losses [Abstract]
Major Loan Segments and Classes	Loan segments and classes at March 31, 2023 and June 30, 2022 are summarized as follows: (In thousands) March 31, 2023 June 30, 2022 Residential real estate: Residential real estate $ 374,840 $ 360,824 Residential construction and land 17,567 15,298 Multi-family 67,251 63,822 Commercial real estate: Commercial real estate 702,768 595,635 Commercial construction 108,854 83,748 Consumer loan: Home equity 21,011 17,877 Consumer installment 4,411 4,512 Commercial loans 112,745 110,271 Total gross loans 1,409,447 1,251,987 Allowance for loan losses (21,155 ) (22,761 ) Deferred fees and cost, net 29 129 Loans receivable, net $ 1,388,321 $ 1,229,355
Loan Balances by Internal Credit Quality Indicator	Loan balances by internal credit quality indicator at March 31, 2023 are shown below. ( In thousands Performing Special Mention Substandard Total Residential real estate $ 369,272 $ 1,826 $ 3,742 $ 374,840 Residential construction and land 17,567 - - 17,567 Multi-family 67,163 88 - 67,251 Commercial real estate 677,929 8,642 16,197 702,768 Commercial construction 108,854 - - 108,854 Home equity 20,956 - 55 21,011 Consumer installment 4,386 - 25 4,411 Commercial loans 106,722 289 5,734 112,745 Total gross loans $ 1,372,849 $ 10,845 $ 25,753 $ 1,409,447 Loan balances by internal credit quality indicator at June 30, 2022 are shown below. (In thousands Performing Special Mention Substandard Total Residential real estate $ 355,474 $ 28 $ 5,322 $ 360,824 Residential construction and land 15,297 - 1 15,298 Multi-family 63,730 92 - 63,822 Commercial real estate 555,451 13,777 26,407 595,635 Commercial construction 83,748 - - 83,748 Home equity 17,369 - 508 17,877 Consumer installment 4,500 - 12 4,512 Commercial loans 104,364 996 4,911 110,271 Total gross loans $ 1,199,933 $ 14,893 $ 37,161 $ 1,251,987
Delinquent and/or Nonaccrual Loans by Past Due Status	The following table sets forth information regarding delinquent and/or nonaccrual loans at March 31, 2023: (In thousands) 30-59 days past due 60-89 days past due 90 days or more past due Total past due Current Total Loans Loans on Non- accrual Residential real estate $ 2,608 $ 140 $ 687 $ 3,435 $ 371,405 $ 374,840 $ 2,650 Residential construction and land - - - - 17,567 17,567 - Multi-family - - - - 67,251 67,251 - Commercial real estate 1,517 - 20 1,537 701,231 702,768 709 Commercial construction - - - - 108,854 108,854 - Home equity 66 - 13 79 20,932 21,011 55 Consumer installment 64 44 - 108 4,303 4,411 - Commercial loans 1,406 - 19 1,425 111,320 112,745 1,278 Total gross loans $ 5,661 $ 184 $ 739 $ 6,584 $ 1,402,863 $ 1,409,447 $ 4,692 The following table sets forth information regarding delinquent and/or nonaccrual loans at June 30, 2022: (In thousands) 30-59 days past due 60-89 days past due 90 days or more Total past due Current Total Loans Loans on Non- accrual Residential real estate $ 66 $ 1,676 $ 592 $ 2,334 $ 358,490 $ 360,824 $ 2,948 Residential construction and land - 1 - 1 15,297 15,298 1 Multi-family - - - - 63,822 63,822 - Commercial real estate - 385 1,147 1,532 594,103 595,635 1,269 Commercial construction - - - - 83,748 83,748 - Home equity 3 - 179 182 17,695 17,877 188 Consumer installment 22 17 - 39 4,473 4,512 7 Commercial loans - 28 19 47 110,224 110,271 1,904 Total gross loans $ 91 $ 2,107 $ 1,937 $ 4,135 $ 1,247,852 $ 1,251,987 $ 6,317
Impaired Loans by Loan Portfolio Class	The tables below detail additional information on impaired loans at the date or periods indicated: At March 31, 2023 For the three months ended March 31, 2023 For the nine months ended March 31, 2023 (In thousands) Recorded Investment Unpaid Principal Related Allowance Average Recorded Investment Interest Income Recognized Average Recorded Interest Income Recognized With no related allowance recorded: Residential real estate $ 768 $ 768 $ - $ 775 $ - $ 895 $ 2 Commercial real estate 1,528 1,528 - 755 17 369 25 Home equity - - - 43 - 100 - Consumer installment 4 4 - 4 - 4 1 Commercial loans 337 337 - 338 4 341 12 Impaired loans with no allowance 2,637 2,637 - 1,915 21 1,709 40 With an allowance recorded: Residential real estate 2,415 2,415 595 2,421 7 2,221 14 Commercial real estate 3,168 3,168 459 3,851 48 3,696 121 Home equity - - - - - 107 4 Commercial loans 1,578 1,578 764 1,839 5 2,479 32 Impaired loans with allowance 7,161 7,161 1,818 8,111 60 8,503 171 Total impaired: Residential real estate 3,183 3,183 595 3,196 7 3,116 16 Commercial real estate 4,696 4,696 459 4,606 65 4,065 146 Home equity - - - 43 - 207 4 Consumer installment 4 4 - 4 - 4 1 Commercial loans 1,915 1,915 764 2,177 9 2,820 44 Total impaired loans $ 9,798 $ 9,798 $ 1,818 $ 10,026 $ 81 $ 10,212 $ 211 At June 30, 2022 For the three months ended March 31, 2022 For the nine months ended March 31, 2022 (In thousands) Recorded Investment Unpaid Principal Related Allowance Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized With no related allowance recorded: Residential real estate $ 990 $ 990 $ - $ 846 $ 3 $ 577 $ 13 Commercial real estate 67 67 - 71 1 351 9 Home equity 128 128 - 128 - 128 - Consumer Installment 5 5 - 2 1 1 1 Commercial loans 346 346 - 224 3 168 5 Impaired loans with no allowance 1,536 1,536 - 1,271 8 1,225 28 With an allowance recorded: Residential real estate 1,953 1,953 588 2,159 10 1,612 43 Commercial real estate 3,698 3,698 1,118 1,864 75 1,085 93 Commercial construction 102 102 1 102 - 102 - Home equity 320 320 44 320 4 321 10 Commercial loans 3,162 3,162 596 3,336 29 3,349 116 Impaired loans with allowance 9,235 9,235 2,347 7,781 118 6,469 262 Total impaired: Residential real estate 2,943 2,943 588 3,005 13 2,189 56 Commercial real estate 3,765 3,765 1,118 1,935 76 1,436 102 Commercial construction 102 102 1 102 - 102 - Home equity 448 448 44 448 4 449 10 Consumer Installment 5 5 - 2 1 1 1 Commercial loans 3,508 3,508 596 3,560 32 3,517 121 Total impaired loans $ 10,771 $ 10,771 $ 2,347 $ 9,052 $ 126 $ 7,694 $ 290
Loans Modified as Troubled Debt Restructuring	The table below details loans that have been modified as a troubled debt restructuring during the periods indicated. (D ollars in thousands) Number of Contracts Pre-Modification Outstanding Recorded Investment Post- Modification Outstanding Recorded Investment Current outstanding Recorded Investment For the nine months ended March 31 2023 Residential real estate 2 $ 778 $ 778 $ 778 Commercial real estate 3 $ 1,428 $ 1,481 $ 1,476 Commercial loans 1 $ 379 $ 379 $ - For the year ended June 30, 2022 Consumer Installment 1 $ 5 $ 5 $ 5
Activity and Allocation of Allowance for Loan Losses	The following tables set forth the activity and allocation of the allowance for loan losses by loan class during and at the periods indicated. The allowance is allocated to each loan class based on historical loss experience, current economic conditions, and other considerations. Activity for the three months ended March 31, 2023 (In thousands) Balance at December 31, 2022 Charge-offs Recoveries Provision Balance at March 31, 2023 Residential real estate $ 2,492 $ - $ - $ 146 $ 2,638 Residential construction and land 193 - - (21 ) 172 Multi-family 167 - - 32 199 Commercial real estate 15,450 9 - (1,869 ) 13,572 Commercial construction 1,100 - - 380 1,480 Home equity 38 - - 11 49 Consumer installment 284 117 27 51 245 Commercial loans 2,565 103 12 326 2,800 Total $ 22,289 $ 229 $ 39 $ (944 ) $ 21,155 Activity for the nine months ended March 31, 2023 (In thousands) Balance at June 30, 2022 Charge-offs Recoveries Provision Balance at March 31, 2023 Residential real estate $ 2,373 $ - $ 5 $ 260 $ 2,638 Residential construction and land 141 - - 31 172 Multi-family 119 - - 80 199 Commercial real estate 16,221 9 - (2,640 ) 13,572 Commercial construction 1,114 - - 366 1,480 Home equity 89 - - (40 ) 49 Consumer installment 349 421 102 215 245 Commercial loans 2,355 114 30 529 2,800 Total $ 22,761 $ 544 $ 137 $ (1,199 ) $ 21,155 Allowance for Loan Losses Loans Receivable Ending Balance At March 31, 2023 Impairment Analysis Ending Balance At March 31, 2023 Impairment Analysis (In thousands) Individually Evaluated Collectively Evaluated Individually Evaluated Collectively Evaluated Residential real estate $ 595 $ 2,043 $ 3,183 $ 371,657 Residential construction and land - 172 - 17,567 Multi-family - 199 - 67,251 Commercial real estate 459 13,113 4,696 698,072 Commercial construction - 1,480 - 108,854 Home equity - 49 - 21,011 Consumer installment - 245 4 4,407 Commercial loans 764 2,036 1,915 110,830 Total $ 1,818 $ 19,337 $ 9,798 $ 1,399,649 Activity for the three months ended March 31, 2022 (In thousands) Balance at December 31, 2021 Charge-offs Recoveries Provision Balance at March 31, 2022 Residential real estate $ 1,981 $ - $ 3 $ 22 $ 2,006 Residential construction and land 115 - - 2 117 Multi-family 76 - - 10 86 Commercial real estate 15,616 - - 276 15,892 Commercial construction 1,250 - - (121 ) 1,129 Home equity 89 - - (2 ) 87 Consumer installment 280 144 32 95 263 Commercial loans 2,277 - 1 (119 ) 2,159 Total $ 21,684 $ 144 $ 36 $ 163 $ 21,739 Activity for the nine months ended March 31, 2022 (In thousands) Balance at June 30, 2021 Charge-offs Recoveries Provision Balance at March 31, 2022 Residential real estate $ 2,012 $ - $ 10 $ (16 ) $ 2,006 Residential construction and land 106 - - 11 117 Multi-family 186 - - (100 ) 86 Commercial real estate 13,049 - - 2,843 15,892 Commercial construction 1,535 - - (406 ) 1,129 Home equity 165 - - (78 ) 87 Consumer installment 267 355 89 262 263 Commercial loans 2,348 107 3 (85 ) 2,159 Total $ 19,668 $ 462 $ 102 $ 2,431 $ 21,739 Allowance for Loan Losses Loans Receivable Ending Balance June 30, 2022 Impairment Analysis Ending Balance June 30, 2022 Impairment Analysis (In thousands) Individually Evaluated Collectively Evaluated Individually Evaluated Collectively Evaluated Residential real estate $ 588 $ 1,785 $ 2,943 $ 357,881 Residential construction and land - 141 - 15,298 Multi-family - 119 - 63,822 Commercial real estate 1,118 15,103 3,765 591,870 Commercial construction 1 1,113 102 83,646 Home equity 44 45 448 17,429 Consumer installment - 349 5 4,507 Commercial loans 596 1,759 3,508 106,763 Total $ 2,347 $ 20,414 $ 10,771 $ 1,241,216
Foreclosed Real Estate	The following table sets forth information regarding FRE at: (in thousands) March 31, 2023 June 30, 2022 Residential real estate $ - $ 68 Commercial real estate 160 - Commercial loans 302 - Total foreclosed real estate $ 462 $ 68

Fair Value Measurements and F_2

Fair Value Measurements and Fair Value of Financial Instruments (Tables)	9 Months Ended
	Mar. 31, 2023
Fair Value Measurements and Fair Value of Financial Instruments [Abstract]
Assets Measured at Fair Value on Recurring Basis	For assets measured at fair value on a recurring basis, the fair value measurements by level within the fair value hierarchy used are as follows: Fair Value Measurements Using Quoted Prices In Active Markets For Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs (In thousands) March 31, 2023 (Level 1) (Level 2) (Level 3) Assets: U.S. Government sponsored enterprises $ 11,004 $ - $ 11,004 $ - U.S. Treasury securities 16,665 - 16,665 - State and political subdivisions 172,593 - 172,593 - Mortgage-backed securities-residential 26,534 - 26,534 - Mortgage-backed securities-multi-family 73,613 - 73,613 - Corporate debt securities 16,455 - 16,455 - Securities available-for-sale 316,864 $ - 316,864 - Equity securities 295 295 - - Total securities measured at fair value $ 317,159 $ 295 $ 316,864 $ - Fair Value Measurements Using Quoted Prices In Active Markets For Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs (In thousands) June 30, 2022 (Level 1) (Level 2) (Level 3) Assets: U.S. Government sponsored enterprises $ 11,319 $ - $ 11,319 $ - U.S. Treasury securities 18,427 - 18,427 - State and political subdivisions 248,076 - 248,076 - Mortgage-backed securities-residential 29,897 - 29,897 - Mortgage-backed securities-multi-family 83,709 - 83,709 - Corporate debt securities 16,634 - 16,634 - Securities available-for-sale 408,062 - 408,062 - Equity securities 273 273 - - Total securities measured at fair value $ 408,335 $ 273 $ 408,062 $ -
Assets and Liabilities Measured at Fair Value on Nonrecurring Basis	Fair Value Measurements Using (In thousands) Recorded Investment Related Allowance Fair Value (Level 1) (Level 2) (Level 3) March 31 2023 Impaired loans $ 7,312 $ 1,818 $ 5,494 $ - $ - $ 5,494 Foreclosed real estate 462 - 462 - - 462 June 30 2022 Impaired loans $ 9,401 $ 2,347 $ 7,054 $ - $ - $ 7,054 Foreclosed real estate 68 - 68 - - 68
Additional Quantitative Information about Assets Measured at Fair Value on Nonrecurring Basis	The following table presents additional quantitative information about assets measured at fair value on a nonrecurring basis and for which Level 3 inputs were utilized to determine fair value: (Dollars in thousands) Fair Value Valuation Technique Unobservable Input Range Weighted Average March 31 2023 Impaired Loans $ 4,804 Appraisal of collateral (1) Appraisal adjustments(2) 13.19%-33.73 % 33.06 % Liquidation expenses(3) 3.98%-6.73 % 8.47 % 690 Discounted cash flow Discount rate 3.79%-11.95 % 7.99 % Foreclosed real estate 462 Appraisal of collateral (1) Appraisal adjustments(2) 0.00 % 0.00 % Liquidation expenses(3) 6.00 % 6.00 % June 30 2022 Impaired loans $ 4,333 Appraisal of collateral (1) Appraisal adjustments (2) 7.06%-33.73 % 21.67 % Liquidation expenses (3) 3.98%-5.58 % 4.72 % 2,721 Discounted cash flow Discount rate 4.19%-11.95 % 6.21 % Foreclosed real estate 68 Appraisal of collateral (1) Appraisal adjustments (2) 10.46 % 10.46 % (1) Fair value is generally determined through independent third-party appraisals of the underlying collateral, which generally includes various Level 3 inputs which are not observable. (2) Appraisals may be adjusted downwards by management for qualitative factors such as economic conditions. Higher downward adjustments are caused by negative changes to the collateral or conditions in the real estate market, actual offers or sales contracts received or age of the appraisal. (3) Appraisals are adjusted downwards by management for qualitative factors such as the estimated costs to liquidate the collateral.
Carrying Amounts and Estimated Fair Value of Financial Instruments	The carrying amounts and estimated fair value of financial instruments are as follows: March 31, 2023 Fair Value Measurements Using (In thousands) Carrying Fair Value (Level 1) (Level 2) (Level 3) Cash and cash equivalents $ 178,322 $ 178,322 $ 178,322 $ - $ - Long term certificates of deposit 4,581 4,379 - 4,379 - Securities available-for-sale 316,864 316,864 - 316,864 - Securities held-to-maturity 736,983 685,893 - 685,893 - Equity securities 295 295 295 - - Federal Home Loan Bank stock 1,461 1,461 - 1,461 - Net loans receivable 1,388,321 1,278,163 - - 1,278,163 Accrued interest receivable 13,992 13,992 - 13,992 - Deposits 2,472,323 2,472,849 - 2,472,849 - Subordinated notes payable, net 49,449 47,078 - 47,078 - Accrued interest payable 306 306 - 306 - June 30, 2022 Fair Value Measurements Using (In thousands) Carrying Fair Value (Level 1) (Level 2) (Level 3) Cash and cash equivalents $ 69,009 $ 69,009 $ 69,009 $ - $ - Long term certificates of deposit 4,107 3,993 - 3,993 - Securities available-for-sale 408,062 408,062 - 408,062 - Securities held-to-maturity 761,852 710,453 - 710,453 - Equity securities 273 273 273 - - Federal Home Loan Bank stock 6,803 6,803 - 6,803 - Net loans receivable 1,229,355 1,170,960 - - 1,170,960 Accrued interest receivable 8,917 8,917 - 8,917 - Deposits 2,212,604 2,212,743 - 2,212,743 - Borrowings 123,700 123,793 - 123,793 - Subordinated notes payable, net 49,310 49,168 - 49,168 - Accrued interest payable 603 603 - 603 -

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
	Mar. 31, 2023
Earnings Per Share [Abstract]
Earnings Per Share, Basic and Diluted	On March 23, 2023, the Company effected a 2-for-1 stock split in the form of a stock dividend on its outstanding shares of common stock. Weighted-average number of shares and earnings per share have been retroactively adjusted in all periods presented as if the new shares had been issued and outstanding at the same time as the original shares. For the three months ended March 31, For the nine months ended March 31, 2023 2022 2023 2022 Net Income $ 8,091,000 $ 7,188,000 $ 24,325,000 $ 21,179,000 Weighted Average Shares – Basic 17,026,828 17,026,828 17,026,828 17,026,828 Weighted Average Shares – Diluted 17,026,828 17,026,828 17,026,828 17,026,828 Earnings per share – Basic $ 0.48 $ 0.42 $ 1.43 $ 1.24 Earnings per share – Diluted $ 0.48 $ 0.42 $ 1.43 $ 1.24

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	9 Months Ended
	Mar. 31, 2023
Employee Benefit Plans [Abstract]
Components of Net Periodic Pension Costs	The components of net periodic pension cost related to the defined benefit pension plan for the three and nine months ended March 31, 2023 and 2022 were as follows: Three months ended March 31, Nine months ended March 31, (In thousands) 2023 2022 2023 2022 Interest cost $ 50 $ 42 $ 150 $ 126 Expected return on plan assets (55 ) (70 ) (165 ) (210 ) Amortization of net loss 27 32 81 96 Net periodic pension cost $ 22 $ 4 $ 66 $ 12

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	9 Months Ended
	Mar. 31, 2023
Stock-Based Compensation [Abstract]
Summary of Phantom Stock Option Activity and Related Information	A summary of the Company’s phantom stock option activity and related information for the Plan for the three and nine months ended March 31, 2023 and 2022 were as follows: Three months ended March 31, Nine months ended March 31, 2023 2022 2023 2022 Number of options outstanding, beginning of period 2,614,840 3,013,040 2,959,040 3,015,200 Options Granted - - 807,200 950,240 Options Paid in Cash (70,000 ) (54,000 ) (1,221,400 ) (1,006,400 ) Number of options outstanding, end of period 2,544,840 2,959,040 2,544,840 2,959,040 Three months ended March 31, Nine months ended March 31, (In thousands) 2023 2022 2023 2022 Cash paid out on options vested $ 184 $ 83 $ 4,288 $ 3,137 Compensation costs recognized $ 1,239 $ 1,143 $ 3,233 $ 3,020

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Loss (Tables)	9 Months Ended
	Mar. 31, 2023
Accumulated Other Comprehensive Loss [Abstract]
Components of Accumulated Other Comprehensive Loss	The components of accumulated other comprehensive loss at March 31, 2023 and 2022 are presented as follows: Activity for the three months ended March 31, 2023 and 2022 ( In thousands Unrealized gain (losses) on securities available-for- sale Pension Total Balance - December 31, 2021 $ (2,224 ) $ (1,509 ) $ (3,733 ) Other comprehensive loss before reclassification (9,732 ) - (9,732 ) Other comprehensive loss for the three months ended March 31, 2022 (9,732 ) - (9,732 ) Balance – March 31, 2022 $ (11,956 ) $ (1,509 ) $ (13,465 ) Balance - December 31, 2022 $ (21,911 ) $ (1,115 ) $ (23,026 ) Other comprehensive income before reclassification 2,927 - 2,927 Other comprehensive income for the three months ended March 31, 2023 2,927 - 2,927 Balance - March 31, 2023 $ (18,984 ) $ (1,115 ) $ (20,099 ) Activity for the nine months ended March 31, 2023 and 2022 ( In thousands Unrealized gain (losses) on securities available-for- sale Pension Total Balance at June 30, 2021 $ 348 $ (1,509 ) $ (1,161 ) Other comprehensive loss before reclassification (12,304 ) - (12,304 ) Other comprehensive loss for the nine months ended March 31, 2022 (12,304 ) - (12,304 ) Balance at March 31, 2022 $ (11,956 ) $ (1,509 ) $ (13,465 ) Balance – June 30, 2022 $ (17,268 ) $ (1,115 ) $ (18,383 ) Other comprehensive loss before reclassification (1,900 ) - (1,900 ) Amounts reclassified to net loss on sale of available-for-sale securities non-interest income 251 - 251 Tax expense effect 67 - 67 Net of tax 184 - 184 Other comprehensive loss for the nine months ended March 31, 2023 (1,716 ) - (1,716 ) Balance at March 31, 2023 $ (18,984 ) $ (1,115 ) $ (20,099 )

Operating leases (Tables)

Operating leases (Tables)	9 Months Ended
	Mar. 31, 2023
Operating leases [Abstract]
Quantitative Data Related to Operating Leases	The following includes quantitative data related to the Company’s operating leases as of March 31, 2023 and June 30, 2022, and for the three and nine months ended March 31, 2023 and 2022: (In thousands, except weighted-average information). Operating lease amounts: March 31, 2023 June 30, 2022 Right-of-use assets $ 2,291 $ 1,980 Lease liabilities $ 2,364 $ 2,040 For the three months ended March 31, 2023 2022 (In thousands) Other information: Operating outgoing cash flows from operating leases $ 90 $ 89 Right-of-use assets obtained in exchange for new operating lease liabilities $ 561 $ - Lease costs: Operating lease cost $ 87 $ 81 Variable lease cost $ 12 $ 12 For the nine months ended March 31, 2023 2022 (In thousands) Other information: Operating outgoing cash flows from operating leases $ 269 $ 263 Right-of-use assets obtained in exchange for new operating lease liabilities $ 561 $ 415 Lease costs: Operating lease cost $ 250 $ 242 Variable lease cost $ 32 $ 32
Undiscounted Cash Flows of Operating Lease Liabilities	The following is a schedule by year of the undiscounted cash flows of the operating lease liabilities, as of March 31, 2023: (in thousands) Within the twelve months ended 2023 $ 329 2024 458 2025 452 2026 425 2027 345 Thereafter 562 Total undiscounted cash flow 2,571 Less net present value adjustment (207 ) Lease Liability $ 2,364 Weighted-average remaining lease term (Years) 5.04 Weighted-average discount rate 2.66 %

Commitments and Contingent Li_2

Commitments and Contingent Liabilities (Tables)	9 Months Ended
	Mar. 31, 2023
Commitments and Contingent Liabilities [Abstract]
Unfunded Loan Commitments	The Company’s unfunded loan commitments and unused lines of credit are as follows: (In thousands) March 31, 2023 June 30, 2022 Unfunded loan commitments $ 96,111 $ 213,420 Unused lines of credit 92,108 85,971 Standby letters of credit 889 189 Total commitments $ 189,108 $ 299,580

Basis of Presentation (Details)

Basis of Presentation (Details)	Mar. 23, 2023 $ / shares	Mar. 31, 2023 $ / shares	Jun. 30, 2022 $ / shares
Basis of Presentation [Abstract]
Common stock, par value (in dollars per share)	$ 0.1	$ 0.1	$ 0.1
Common Stock [Member]
Basis of Presentation [Abstract]
Stock split conversion ratio	2

Nature of Operations (Details)

Nature of Operations (Details)	Mar. 31, 2023 Office
Nature of Operations [Abstract]
Number of full-service banking offices	17

Securities, Components of Secur

Securities, Components of Securities (Details) $ in Thousands	9 Months Ended
	Mar. 31, 2023 USD ($) Category	Jun. 30, 2022 USD ($)
Available-for-sale debt securities [Abstract]
Amortized cost	$ 342,769	$ 431,625
Gross unrealized gains	635	374
Gross unrealized losses	26,540	23,937
Estimated fair value	316,864	408,062
Held-to-maturity securities [Abstract]
Amortized cost	736,983	761,852
Gross unrealized gains	4,081	2,779
Gross unrealized losses	55,171	54,178
Estimated fair value	685,893	710,453
Total Securities [Abstract]
Amortized cost	1,079,752	1,193,477
Gross unrealized gains	4,716	3,153
Gross unrealized losses	81,711	78,115
Estimated fair value	$ 1,002,757	1,118,515
Number of categories utilized under risk management approach of diversified investing | Category	3
U.S. Government Sponsored Enterprises [Member]
Available-for-sale debt securities [Abstract]
Amortized cost	$ 13,058	13,066
Gross unrealized gains	0	0
Gross unrealized losses	2,054	1,747
Estimated fair value	11,004	11,319
U.S. Treasury Securities [Member]
Available-for-sale debt securities [Abstract]
Amortized cost	18,377	20,158
Gross unrealized gains	0	0
Gross unrealized losses	1,712	1,731
Estimated fair value	16,665	18,427
Held-to-maturity securities [Abstract]
Amortized cost	33,684	33,623
Gross unrealized gains	0	0
Gross unrealized losses	2,071	1,643
Estimated fair value	31,613	31,980
State and Political Subdivisions [Member]
Available-for-sale debt securities [Abstract]
Amortized cost	171,980	247,978
Gross unrealized gains	635	374
Gross unrealized losses	22	276
Estimated fair value	172,593	248,076
Held-to-maturity securities [Abstract]
Amortized cost	484,093	493,897
Gross unrealized gains	4,081	2,760
Gross unrealized losses	29,051	35,747
Estimated fair value	459,123	460,910
Mortgage-backed Securities-Residential [Member]
Available-for-sale debt securities [Abstract]
Amortized cost	30,335	33,186
Gross unrealized gains	0	0
Gross unrealized losses	3,801	3,289
Estimated fair value	26,534	29,897
Held-to-maturity securities [Abstract]
Amortized cost	38,417	42,461
Gross unrealized gains	0	1
Gross unrealized losses	3,089	2,242
Estimated fair value	35,328	40,220
Mortgage-backed Securities-Multi-family [Member]
Available-for-sale debt securities [Abstract]
Amortized cost	91,113	99,353
Gross unrealized gains	0	0
Gross unrealized losses	17,500	15,644
Estimated fair value	73,613	83,709
Held-to-maturity securities [Abstract]
Amortized cost	159,113	171,921
Gross unrealized gains	0	2
Gross unrealized losses	18,286	13,895
Estimated fair value	140,827	158,028
Corporate Debt Securities [Member]
Available-for-sale debt securities [Abstract]
Amortized cost	17,906	17,884
Gross unrealized gains	0	0
Gross unrealized losses	1,451	1,250
Estimated fair value	16,455	16,634
Held-to-maturity securities [Abstract]
Amortized cost	21,637	19,900
Gross unrealized gains	0	16
Gross unrealized losses	2,674	651
Estimated fair value	18,963	19,265
Other Securities [Member]
Held-to-maturity securities [Abstract]
Amortized cost	39	50
Gross unrealized gains	0	0
Gross unrealized losses	0	0
Estimated fair value	$ 39	$ 50

Securities, Securities in Conti

Securities, Securities in Continuous Unrealized Loss Position (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2023 USD ($) Security	Mar. 31, 2022 USD ($)	Mar. 31, 2023 USD ($) Security	Mar. 31, 2022 USD ($)	Jun. 30, 2022 USD ($) Security
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, fair value	$ 28,586		$ 28,586		$ 288,207
More than 12 months, fair value	140,385		140,385		12,078
Total, fair value	168,971		168,971		300,285
Less than 12 months, unrealized losses	202		202		21,161
More than 12 months, unrealized losses	26,338		26,338		2,776
Total, unrealized losses	$ 26,540		$ 26,540		$ 23,937
Less than 12 months, number of securities | Security	21		21		233
More than 12 months, number of securities | Security	77		77		5
Total, number of securities | Security	98		98		238
Held-to-maturity Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, fair value	$ 248,300		$ 248,300		$ 592,159
More than 12 months, fair value	328,007		328,007		735
Total, fair value	576,307		576,307		592,894
Less than 12 months, unrealized losses	11,976		11,976		53,995
More than 12 months, unrealized losses	43,195		43,195		183
Total, unrealized losses	$ 55,171		$ 55,171		$ 54,178
Less than 12 months, number of securities | Security	3,142		3,142		2,477
More than 12 months, number of securities | Security	893		893		5
Total, number of securities | Security	4,035		4,035		2,482
Total Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, fair value	$ 276,886		$ 276,886		$ 880,366
More than 12 months, fair value	468,392		468,392		12,813
Total, fair value	745,278		745,278		893,179
Less than 12 months, unrealized losses	12,178		12,178		75,156
More than 12 months, unrealized losses	69,533		69,533		2,959
Total, unrealized losses	$ 81,711		$ 81,711		$ 78,115
Less than 12 months, number of securities | Security	3,163		3,163		2,710
More than 12 months, number of securities | Security	970		970		10
Total, number of securities | Security	4,133		4,133		2,720
Available for sale securities transferred at fair value to held to maturity	$ 0	$ 0	$ 0	$ 0
Gross realized gains (losses) on sale of available-for-sale securities	0	0	$ (251)	0
Number of sales of available-for-sale security | Security			1
Proceeds from sale of available-for-sale securities	0	0	$ 1,675	0
Other-than-temporary impairment losses	0	$ 0	0	$ 0
U.S. Government Sponsored Enterprises [Member]
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, fair value	0		0		$ 11,319
More than 12 months, fair value	11,004		11,004		0
Total, fair value	11,004		11,004		11,319
Less than 12 months, unrealized losses	0		0		1,747
More than 12 months, unrealized losses	2,054		2,054		0
Total, unrealized losses	$ 2,054		$ 2,054		$ 1,747
Less than 12 months, number of securities | Security	0		0		5
More than 12 months, number of securities | Security	5		5		0
Total, number of securities | Security	5		5		5
U.S. Treasury Securities [Member]
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, fair value	$ 229		$ 229		$ 18,427
More than 12 months, fair value	16,436		16,436		0
Total, fair value	16,665		16,665		18,427
Less than 12 months, unrealized losses	1		1		1,731
More than 12 months, unrealized losses	1,711		1,711		0
Total, unrealized losses	$ 1,712		$ 1,712		$ 1,731
Less than 12 months, number of securities | Security	1		1		8
More than 12 months, number of securities | Security	7		7		0
Total, number of securities | Security	8		8		8
Held-to-maturity Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, fair value	$ 0		$ 0		$ 31,980
More than 12 months, fair value	31,613		31,613		0
Total, fair value	31,613		31,613		31,980
Less than 12 months, unrealized losses	0		0		1,643
More than 12 months, unrealized losses	2,071		2,071		0
Total, unrealized losses	$ 2,071		$ 2,071		$ 1,643
Less than 12 months, number of securities | Security	0		0		9
More than 12 months, number of securities | Security	8		8		0
Total, number of securities | Security	8		8		9
State and Political Subdivisions [Member]
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, fair value	$ 24,618		$ 24,618		$ 140,324
More than 12 months, fair value	82		82		0
Total, fair value	24,700		24,700		140,324
Less than 12 months, unrealized losses	20		20		276
More than 12 months, unrealized losses	2		2		0
Total, unrealized losses	$ 22		$ 22		$ 276
Less than 12 months, number of securities | Security	8		8		148
More than 12 months, number of securities | Security	1		1		0
Total, number of securities | Security	9		9		148
Held-to-maturity Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, fair value	$ 216,800		$ 216,800		$ 353,837
More than 12 months, fair value	132,787		132,787		735
Total, fair value	349,587		349,587		354,572
Less than 12 months, unrealized losses	9,556		9,556		35,564
More than 12 months, unrealized losses	19,495		19,495		183
Total, unrealized losses	$ 29,051		$ 29,051		$ 35,747
Less than 12 months, number of securities | Security	3,113		3,113		2,362
More than 12 months, number of securities | Security	809		809		5
Total, number of securities | Security	3,922		3,922		2,367
Mortgage-backed Securities-Residential [Member]
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, fair value	$ 521		$ 521		$ 29,872
More than 12 months, fair value	26,013		26,013		0
Total, fair value	26,534		26,534		29,872
Less than 12 months, unrealized losses	25		25		3,289
More than 12 months, unrealized losses	3,776		3,776		0
Total, unrealized losses	$ 3,801		$ 3,801		$ 3,289
Less than 12 months, number of securities | Security	10		10		27
More than 12 months, number of securities | Security	19		19		0
Total, number of securities | Security	29		29		27
Held-to-maturity Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, fair value	$ 2,094		$ 2,094		$ 39,865
More than 12 months, fair value	33,223		33,223		0
Total, fair value	35,317		35,317		39,865
Less than 12 months, unrealized losses	90		90		2,242
More than 12 months, unrealized losses	2,999		2,999		0
Total, unrealized losses	$ 3,089		$ 3,089		$ 2,242
Less than 12 months, number of securities | Security	11		11		27
More than 12 months, number of securities | Security	18		18		0
Total, number of securities | Security	29		29		27
Mortgage-backed Securities-Multi-family [Member]
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, fair value	$ 2,731		$ 2,731		$ 71,631
More than 12 months, fair value	70,882		70,882		12,078
Total, fair value	73,613		73,613		83,709
Less than 12 months, unrealized losses	142		142		12,868
More than 12 months, unrealized losses	17,358		17,358		2,776
Total, unrealized losses	$ 17,500		$ 17,500		$ 15,644
Less than 12 months, number of securities | Security	1		1		29
More than 12 months, number of securities | Security	30		30		5
Total, number of securities | Security	31		31		34
Held-to-maturity Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, fair value	$ 18,176		$ 18,176		$ 155,726
More than 12 months, fair value	122,651		122,651		0
Total, fair value	140,827		140,827		155,726
Less than 12 months, unrealized losses	712		712		13,895
More than 12 months, unrealized losses	17,574		17,574		0
Total, unrealized losses	$ 18,286		$ 18,286		$ 13,895
Less than 12 months, number of securities | Security	9		9		68
More than 12 months, number of securities | Security	49		49		0
Total, number of securities | Security	58		58		68
Corporate Debt Securities [Member]
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, fair value	$ 487		$ 487		$ 16,634
More than 12 months, fair value	15,968		15,968		0
Total, fair value	16,455		16,455		16,634
Less than 12 months, unrealized losses	14		14		1,250
More than 12 months, unrealized losses	1,437		1,437		0
Total, unrealized losses	$ 1,451		$ 1,451		$ 1,250
Less than 12 months, number of securities | Security	1		1		16
More than 12 months, number of securities | Security	15		15		0
Total, number of securities | Security	16		16		16
Held-to-maturity Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, fair value	$ 11,230		$ 11,230		$ 10,751
More than 12 months, fair value	7,733		7,733		0
Total, fair value	18,963		18,963		10,751
Less than 12 months, unrealized losses	1,618		1,618		651
More than 12 months, unrealized losses	1,056		1,056		0
Total, unrealized losses	$ 2,674		$ 2,674		$ 651
Less than 12 months, number of securities | Security	9		9		11
More than 12 months, number of securities | Security	9		9		0
Total, number of securities | Security	18		18		11

Securities, Securities by Contr

Securities, Securities by Contractual Maturity (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Jun. 30, 2022
Available-for-sale Debt Securities, Amortized Cost [Abstract]
Within one year	$ 171,917
After one year through five years	29,280
After five years through ten years	18,624
After ten years	1,500
Total	221,321
Mortgage-backed securities	121,448
Amortized cost	342,769	$ 431,625
Available-for-sale Debt Securities, Fair Value [Abstract]
Within one year	172,531
After one year through five years	27,014
After five years through ten years	15,995
After ten years	1,177
Total	216,717
Mortgage-backed securities	100,147
Estimated fair value	316,864	408,062
Held-to-maturity Debt Securities, Amortized Cost [Abstract]
Within one year	56,489
After one year through five years	169,883
After five years through ten years	142,164
After ten years	170,917
Total	539,453
Mortgage-backed securities	197,530
Amortized cost	736,983	761,852
Held-to-maturity Debt Securities, Fair Value [Abstract]
Within one year	56,054
After one year through five years	165,722
After five years through ten years	134,575
After ten years	153,387
Total	509,738
Mortgage-backed securities	176,155
Estimated fair value	685,893	710,453
Total Debt Securities [Abstract]
Amortized cost	1,079,752	1,193,477
Estimated fair value	$ 1,002,757	$ 1,118,515

Securities, Securities Pledged

Securities, Securities Pledged (Details) - Asset Pledged as Collateral [Member] - USD ($) $ in Millions	Mar. 31, 2023	Jun. 30, 2022
Deposits in Excess of FDIC Insurance Limits [Member]
Securities Pledged [Abstract]
Securities, fair value	$ 920.1	$ 892.9
Potential Borrowings at Federal Reserve Bank Discount Window [Member]
Securities Pledged [Abstract]
Securities, fair value	$ 17.2	$ 17.4

Securities, Federal Home Loan B

Securities, Federal Home Loan Bank Stock (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Mar. 31, 2023	Mar. 31, 2022
Federal Home Loan Bank Stock [Abstract]
Impairment charges	$ 0	$ 0	$ 0	$ 0
Federal Home Loan Bank Stock [Member]
Federal Home Loan Bank Stock [Abstract]
Impairment charges	$ 0	$ 0	$ 0	$ 0

Loans and Allowance for Loan _3

Loans and Allowance for Loan Losses, Major Loan Segments and Classes (Details) $ in Thousands	9 Months Ended
	Mar. 31, 2023 USD ($) Segment	Dec. 31, 2022 USD ($)	Jun. 30, 2022 USD ($)	Mar. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Jun. 30, 2021 USD ($)
Major Loan Segments and Classes [Abstract]
Total gross loans	$ 1,409,447		$ 1,251,987
Allowance for loan losses	(21,155)	$ (22,289)	(22,761)	$ (21,739)	$ (21,684)	$ (19,668)
Deferred fees and cost, net	29		129
Net loans receivable	$ 1,388,321		1,229,355
Number of segments within loan portfolio | Segment	4
Residential Real Estate [Member] | Maximum [Member]
Major Loan Segments and Classes [Abstract]
Loan-to-value ratio	85%
Residential Real Estate [Member] | Residential Mortgage with Private Mortgage Insurance [Member] | Maximum [Member]
Major Loan Segments and Classes [Abstract]
Loan-to-value ratio	85%
Residential Real Estate [Member] | Real Estate [Member]
Major Loan Segments and Classes [Abstract]
Total gross loans	$ 374,840		360,824
Allowance for loan losses	(2,638)	(2,492)	(2,373)	(2,006)	(1,981)	(2,012)
Residential Real Estate [Member] | Construction and Land [Member]
Major Loan Segments and Classes [Abstract]
Total gross loans	17,567		15,298
Allowance for loan losses	(172)	(193)	(141)	(117)	(115)	(106)
Residential Real Estate [Member] | Multi-family [Member]
Major Loan Segments and Classes [Abstract]
Total gross loans	67,251		63,822
Allowance for loan losses	(199)	(167)	(119)	(86)	(76)	(186)
Commercial Real Estate [Member] | Real Estate [Member]
Major Loan Segments and Classes [Abstract]
Total gross loans	702,768		595,635
Allowance for loan losses	(13,572)	(15,450)	(16,221)	(15,892)	(15,616)	(13,049)
Commercial Real Estate [Member] | Construction [Member]
Major Loan Segments and Classes [Abstract]
Total gross loans	108,854		83,748
Allowance for loan losses	(1,480)	(1,100)	(1,114)	(1,129)	(1,250)	(1,535)
Consumer Loan [Member] | Home Equity [Member]
Major Loan Segments and Classes [Abstract]
Total gross loans	21,011		17,877
Allowance for loan losses	(49)	(38)	(89)	(87)	(89)	(165)
Consumer Loan [Member] | Consumer Installment [Member]
Major Loan Segments and Classes [Abstract]
Total gross loans	4,411		4,512
Allowance for loan losses	(245)	(284)	(349)	(263)	(280)	(267)
Commercial Loans [Member]
Major Loan Segments and Classes [Abstract]
Total gross loans	112,745		110,271
Allowance for loan losses	$ (2,800)	$ (2,565)	$ (2,355)	$ (2,159)	$ (2,277)	$ (2,348)

Loans and Allowance for Loan _4

Loans and Allowance for Loan Losses, Loan Balances by Internal Credit Quality Indicator (Details) $ in Thousands	3 Months Ended	9 Months Ended
	Mar. 31, 2023 USD ($) Loan	Mar. 31, 2023 USD ($) Loan	Jun. 30, 2022 USD ($)
Loan Balances by Internal Credit Quality Indicator [Abstract]
Total gross loans	$ 1,409,447	$ 1,409,447	$ 1,251,987
Performing [Member]
Loan Balances by Internal Credit Quality Indicator [Abstract]
Total gross loans	1,372,849	1,372,849	1,199,933
Special Mention [Member]
Loan Balances by Internal Credit Quality Indicator [Abstract]
Total gross loans	10,845	10,845	14,893
Substandard [Member]
Loan Balances by Internal Credit Quality Indicator [Abstract]
Total gross loans	25,753	25,753	37,161
Doubtful [Member]
Loan Balances by Internal Credit Quality Indicator [Abstract]
Total gross loans	0	0	0
Loss [Member]
Loan Balances by Internal Credit Quality Indicator [Abstract]
Total gross loans	0	0	0
Residential Real Estate [Member] | Real Estate [Member]
Loan Balances by Internal Credit Quality Indicator [Abstract]
Total gross loans	374,840	374,840	360,824
Residential Real Estate [Member] | Real Estate [Member] | Performing [Member]
Loan Balances by Internal Credit Quality Indicator [Abstract]
Total gross loans	369,272	369,272	355,474
Residential Real Estate [Member] | Real Estate [Member] | Special Mention [Member]
Loan Balances by Internal Credit Quality Indicator [Abstract]
Total gross loans	1,826	1,826	28
Residential Real Estate [Member] | Real Estate [Member] | Substandard [Member]
Loan Balances by Internal Credit Quality Indicator [Abstract]
Total gross loans	3,742	3,742	5,322
Residential Real Estate [Member] | Construction and Land [Member]
Loan Balances by Internal Credit Quality Indicator [Abstract]
Total gross loans	17,567	17,567	15,298
Residential Real Estate [Member] | Construction and Land [Member] | Performing [Member]
Loan Balances by Internal Credit Quality Indicator [Abstract]
Total gross loans	17,567	17,567	15,297
Residential Real Estate [Member] | Construction and Land [Member] | Special Mention [Member]
Loan Balances by Internal Credit Quality Indicator [Abstract]
Total gross loans	0	0	0
Residential Real Estate [Member] | Construction and Land [Member] | Substandard [Member]
Loan Balances by Internal Credit Quality Indicator [Abstract]
Total gross loans	0	0	1
Residential Real Estate [Member] | Multi-family [Member]
Loan Balances by Internal Credit Quality Indicator [Abstract]
Total gross loans	67,251	67,251	63,822
Residential Real Estate [Member] | Multi-family [Member] | Performing [Member]
Loan Balances by Internal Credit Quality Indicator [Abstract]
Total gross loans	67,163	67,163	63,730
Residential Real Estate [Member] | Multi-family [Member] | Special Mention [Member]
Loan Balances by Internal Credit Quality Indicator [Abstract]
Total gross loans	88	88	92
Residential Real Estate [Member] | Multi-family [Member] | Substandard [Member]
Loan Balances by Internal Credit Quality Indicator [Abstract]
Total gross loans	$ 0	$ 0	0
Commercial Real Estate [Member] | Pass [Member]
Loan Balances by Internal Credit Quality Indicator [Abstract]
Number of loans upgraded | Loan		1
Commercial Real Estate [Member] | Special Mention [Member]
Loan Balances by Internal Credit Quality Indicator [Abstract]
Number of loan relationships downgraded | Loan	2
Commercial Real Estate [Member] | Substandard [Member]
Loan Balances by Internal Credit Quality Indicator [Abstract]
Number of loans paid off | Loan	7
Number of loan relationships downgraded | Loan	2
Commercial Real Estate [Member] | Real Estate [Member]
Loan Balances by Internal Credit Quality Indicator [Abstract]
Total gross loans	$ 702,768	$ 702,768	595,635
Commercial Real Estate [Member] | Real Estate [Member] | Performing [Member]
Loan Balances by Internal Credit Quality Indicator [Abstract]
Total gross loans	677,929	677,929	555,451
Commercial Real Estate [Member] | Real Estate [Member] | Special Mention [Member]
Loan Balances by Internal Credit Quality Indicator [Abstract]
Total gross loans	8,642	8,642	13,777
Commercial Real Estate [Member] | Real Estate [Member] | Substandard [Member]
Loan Balances by Internal Credit Quality Indicator [Abstract]
Total gross loans	16,197	16,197	26,407
Commercial Real Estate [Member] | Construction [Member]
Loan Balances by Internal Credit Quality Indicator [Abstract]
Total gross loans	108,854	108,854	83,748
Commercial Real Estate [Member] | Construction [Member] | Performing [Member]
Loan Balances by Internal Credit Quality Indicator [Abstract]
Total gross loans	108,854	108,854	83,748
Commercial Real Estate [Member] | Construction [Member] | Special Mention [Member]
Loan Balances by Internal Credit Quality Indicator [Abstract]
Total gross loans	0	0	0
Commercial Real Estate [Member] | Construction [Member] | Substandard [Member]
Loan Balances by Internal Credit Quality Indicator [Abstract]
Total gross loans	0	0	0
Consumer Loan [Member] | Home Equity [Member]
Loan Balances by Internal Credit Quality Indicator [Abstract]
Total gross loans	21,011	21,011	17,877
Consumer Loan [Member] | Home Equity [Member] | Performing [Member]
Loan Balances by Internal Credit Quality Indicator [Abstract]
Total gross loans	20,956	20,956	17,369
Consumer Loan [Member] | Home Equity [Member] | Special Mention [Member]
Loan Balances by Internal Credit Quality Indicator [Abstract]
Total gross loans	0	0	0
Consumer Loan [Member] | Home Equity [Member] | Substandard [Member]
Loan Balances by Internal Credit Quality Indicator [Abstract]
Total gross loans	55	55	508
Consumer Loan [Member] | Consumer Installment [Member]
Loan Balances by Internal Credit Quality Indicator [Abstract]
Total gross loans	4,411	4,411	4,512
Consumer Loan [Member] | Consumer Installment [Member] | Performing [Member]
Loan Balances by Internal Credit Quality Indicator [Abstract]
Total gross loans	4,386	4,386	4,500
Consumer Loan [Member] | Consumer Installment [Member] | Special Mention [Member]
Loan Balances by Internal Credit Quality Indicator [Abstract]
Total gross loans	0	0	0
Consumer Loan [Member] | Consumer Installment [Member] | Substandard [Member]
Loan Balances by Internal Credit Quality Indicator [Abstract]
Total gross loans	25	25	12
Commercial Loans [Member]
Loan Balances by Internal Credit Quality Indicator [Abstract]
Total gross loans	112,745	112,745	110,271
Commercial Loans [Member] | Performing [Member]
Loan Balances by Internal Credit Quality Indicator [Abstract]
Total gross loans	$ 106,722	106,722	104,364
Commercial Loans [Member] | Pass [Member]
Loan Balances by Internal Credit Quality Indicator [Abstract]
Number of loans upgraded | Loan	1
Commercial Loans [Member] | Special Mention [Member]
Loan Balances by Internal Credit Quality Indicator [Abstract]
Total gross loans	$ 289	$ 289	996
Number of loans upgraded | Loan		1
Commercial Loans [Member] | Substandard [Member]
Loan Balances by Internal Credit Quality Indicator [Abstract]
Total gross loans	$ 5,734	$ 5,734	$ 4,911
Number of loan relationships downgraded | Loan	1

Loans and Allowance for Loan _5

Loans and Allowance for Loan Losses, Delinquent and/or Nonaccrual Loans by Past Due Status (Details) $ in Thousands	9 Months Ended
	Mar. 31, 2023 USD ($) Loan	Jun. 30, 2022 USD ($) Loan
Delinquent and/or Nonaccrual Loans by Past Due Status [Abstract]
Total loans	$ 1,409,447	$ 1,251,987
Loans on non-accrual	4,692	6,317
Loans in the process of foreclosure		528
Nonaccrual loans with recent history of delinquency greater than 90 days	4,000	4,400
Loan repayments	1,300
Loans returning to performing status	134
Charge-offs	508
Loans placed into nonperforming status	293
Accruing loans delinquent more than 90 days	0	0
Total Past Due [Member]
Delinquent and/or Nonaccrual Loans by Past Due Status [Abstract]
Total loans	6,584	4,135
30 to 59 Days Past Due [Member]
Delinquent and/or Nonaccrual Loans by Past Due Status [Abstract]
Total loans	5,661	91
60 to 89 Days Past Due [Member]
Delinquent and/or Nonaccrual Loans by Past Due Status [Abstract]
Total loans	184	2,107
90 Days or More Past Due [Member]
Delinquent and/or Nonaccrual Loans by Past Due Status [Abstract]
Total loans	739	1,937
Current [Member]
Delinquent and/or Nonaccrual Loans by Past Due Status [Abstract]
Total loans	1,402,863	1,247,852
Residential Real Estate [Member]
Delinquent and/or Nonaccrual Loans by Past Due Status [Abstract]
Loans in the process of foreclosure	$ 675	$ 426
Number of loans in the process of foreclosure | Loan	4	3
Residential Real Estate [Member] | Real Estate [Member]
Delinquent and/or Nonaccrual Loans by Past Due Status [Abstract]
Total loans	$ 374,840	$ 360,824
Loans on non-accrual	2,650	2,948
Residential Real Estate [Member] | Real Estate [Member] | Total Past Due [Member]
Delinquent and/or Nonaccrual Loans by Past Due Status [Abstract]
Total loans	3,435	2,334
Residential Real Estate [Member] | Real Estate [Member] | 30 to 59 Days Past Due [Member]
Delinquent and/or Nonaccrual Loans by Past Due Status [Abstract]
Total loans	2,608	66
Residential Real Estate [Member] | Real Estate [Member] | 60 to 89 Days Past Due [Member]
Delinquent and/or Nonaccrual Loans by Past Due Status [Abstract]
Total loans	140	1,676
Residential Real Estate [Member] | Real Estate [Member] | 90 Days or More Past Due [Member]
Delinquent and/or Nonaccrual Loans by Past Due Status [Abstract]
Total loans	687	592
Residential Real Estate [Member] | Real Estate [Member] | Current [Member]
Delinquent and/or Nonaccrual Loans by Past Due Status [Abstract]
Total loans	371,405	358,490
Residential Real Estate [Member] | Construction and Land [Member]
Delinquent and/or Nonaccrual Loans by Past Due Status [Abstract]
Total loans	17,567	15,298
Loans on non-accrual	0	1
Residential Real Estate [Member] | Construction and Land [Member] | Total Past Due [Member]
Delinquent and/or Nonaccrual Loans by Past Due Status [Abstract]
Total loans	0	1
Residential Real Estate [Member] | Construction and Land [Member] | 30 to 59 Days Past Due [Member]
Delinquent and/or Nonaccrual Loans by Past Due Status [Abstract]
Total loans	0	0
Residential Real Estate [Member] | Construction and Land [Member] | 60 to 89 Days Past Due [Member]
Delinquent and/or Nonaccrual Loans by Past Due Status [Abstract]
Total loans	0	1
Residential Real Estate [Member] | Construction and Land [Member] | 90 Days or More Past Due [Member]
Delinquent and/or Nonaccrual Loans by Past Due Status [Abstract]
Total loans	0	0
Residential Real Estate [Member] | Construction and Land [Member] | Current [Member]
Delinquent and/or Nonaccrual Loans by Past Due Status [Abstract]
Total loans	17,567	15,297
Residential Real Estate [Member] | Multi-family [Member]
Delinquent and/or Nonaccrual Loans by Past Due Status [Abstract]
Total loans	67,251	63,822
Loans on non-accrual	0	0
Residential Real Estate [Member] | Multi-family [Member] | Total Past Due [Member]
Delinquent and/or Nonaccrual Loans by Past Due Status [Abstract]
Total loans	0	0
Residential Real Estate [Member] | Multi-family [Member] | 30 to 59 Days Past Due [Member]
Delinquent and/or Nonaccrual Loans by Past Due Status [Abstract]
Total loans	0	0
Residential Real Estate [Member] | Multi-family [Member] | 60 to 89 Days Past Due [Member]
Delinquent and/or Nonaccrual Loans by Past Due Status [Abstract]
Total loans	0	0
Residential Real Estate [Member] | Multi-family [Member] | 90 Days or More Past Due [Member]
Delinquent and/or Nonaccrual Loans by Past Due Status [Abstract]
Total loans	0	0
Residential Real Estate [Member] | Multi-family [Member] | Current [Member]
Delinquent and/or Nonaccrual Loans by Past Due Status [Abstract]
Total loans	67,251	63,822
Commercial Real Estate [Member]
Delinquent and/or Nonaccrual Loans by Past Due Status [Abstract]
Loans in the process of foreclosure		$ 102
Number of loans in the process of foreclosure | Loan		1
Commercial Real Estate [Member] | Real Estate [Member]
Delinquent and/or Nonaccrual Loans by Past Due Status [Abstract]
Total loans	702,768	$ 595,635
Loans on non-accrual	709	1,269
Commercial Real Estate [Member] | Real Estate [Member] | Total Past Due [Member]
Delinquent and/or Nonaccrual Loans by Past Due Status [Abstract]
Total loans	1,537	1,532
Commercial Real Estate [Member] | Real Estate [Member] | 30 to 59 Days Past Due [Member]
Delinquent and/or Nonaccrual Loans by Past Due Status [Abstract]
Total loans	1,517	0
Commercial Real Estate [Member] | Real Estate [Member] | 60 to 89 Days Past Due [Member]
Delinquent and/or Nonaccrual Loans by Past Due Status [Abstract]
Total loans	0	385
Commercial Real Estate [Member] | Real Estate [Member] | 90 Days or More Past Due [Member]
Delinquent and/or Nonaccrual Loans by Past Due Status [Abstract]
Total loans	20	1,147
Commercial Real Estate [Member] | Real Estate [Member] | Current [Member]
Delinquent and/or Nonaccrual Loans by Past Due Status [Abstract]
Total loans	701,231	594,103
Commercial Real Estate [Member] | Construction [Member]
Delinquent and/or Nonaccrual Loans by Past Due Status [Abstract]
Total loans	108,854	83,748
Loans on non-accrual	0	0
Commercial Real Estate [Member] | Construction [Member] | Total Past Due [Member]
Delinquent and/or Nonaccrual Loans by Past Due Status [Abstract]
Total loans	0	0
Commercial Real Estate [Member] | Construction [Member] | 30 to 59 Days Past Due [Member]
Delinquent and/or Nonaccrual Loans by Past Due Status [Abstract]
Total loans	0	0
Commercial Real Estate [Member] | Construction [Member] | 60 to 89 Days Past Due [Member]
Delinquent and/or Nonaccrual Loans by Past Due Status [Abstract]
Total loans	0	0
Commercial Real Estate [Member] | Construction [Member] | 90 Days or More Past Due [Member]
Delinquent and/or Nonaccrual Loans by Past Due Status [Abstract]
Total loans	0	0
Commercial Real Estate [Member] | Construction [Member] | Current [Member]
Delinquent and/or Nonaccrual Loans by Past Due Status [Abstract]
Total loans	108,854	83,748
Consumer Loan [Member] | Home Equity [Member]
Delinquent and/or Nonaccrual Loans by Past Due Status [Abstract]
Total loans	21,011	17,877
Loans on non-accrual	55	188
Consumer Loan [Member] | Home Equity [Member] | Total Past Due [Member]
Delinquent and/or Nonaccrual Loans by Past Due Status [Abstract]
Total loans	79	182
Consumer Loan [Member] | Home Equity [Member] | 30 to 59 Days Past Due [Member]
Delinquent and/or Nonaccrual Loans by Past Due Status [Abstract]
Total loans	66	3
Consumer Loan [Member] | Home Equity [Member] | 60 to 89 Days Past Due [Member]
Delinquent and/or Nonaccrual Loans by Past Due Status [Abstract]
Total loans	0	0
Consumer Loan [Member] | Home Equity [Member] | 90 Days or More Past Due [Member]
Delinquent and/or Nonaccrual Loans by Past Due Status [Abstract]
Total loans	13	179
Consumer Loan [Member] | Home Equity [Member] | Current [Member]
Delinquent and/or Nonaccrual Loans by Past Due Status [Abstract]
Total loans	20,932	17,695
Consumer Loan [Member] | Consumer Installment [Member]
Delinquent and/or Nonaccrual Loans by Past Due Status [Abstract]
Total loans	4,411	4,512
Loans on non-accrual	0	7
Consumer Loan [Member] | Consumer Installment [Member] | Total Past Due [Member]
Delinquent and/or Nonaccrual Loans by Past Due Status [Abstract]
Total loans	108	39
Consumer Loan [Member] | Consumer Installment [Member] | 30 to 59 Days Past Due [Member]
Delinquent and/or Nonaccrual Loans by Past Due Status [Abstract]
Total loans	64	22
Consumer Loan [Member] | Consumer Installment [Member] | 60 to 89 Days Past Due [Member]
Delinquent and/or Nonaccrual Loans by Past Due Status [Abstract]
Total loans	44	17
Consumer Loan [Member] | Consumer Installment [Member] | 90 Days or More Past Due [Member]
Delinquent and/or Nonaccrual Loans by Past Due Status [Abstract]
Total loans	0	0
Consumer Loan [Member] | Consumer Installment [Member] | Current [Member]
Delinquent and/or Nonaccrual Loans by Past Due Status [Abstract]
Total loans	4,303	4,473
Commercial Loans [Member]
Delinquent and/or Nonaccrual Loans by Past Due Status [Abstract]
Total loans	112,745	110,271
Loans on non-accrual	1,278	1,904
Commercial Loans [Member] | Total Past Due [Member]
Delinquent and/or Nonaccrual Loans by Past Due Status [Abstract]
Total loans	1,425	47
Commercial Loans [Member] | 30 to 59 Days Past Due [Member]
Delinquent and/or Nonaccrual Loans by Past Due Status [Abstract]
Total loans	1,406	0
Commercial Loans [Member] | 60 to 89 Days Past Due [Member]
Delinquent and/or Nonaccrual Loans by Past Due Status [Abstract]
Total loans	0	28
Commercial Loans [Member] | 90 Days or More Past Due [Member]
Delinquent and/or Nonaccrual Loans by Past Due Status [Abstract]
Total loans	19	19
Commercial Loans [Member] | Current [Member]
Delinquent and/or Nonaccrual Loans by Past Due Status [Abstract]
Total loans	$ 111,320	$ 110,224

Loans and Allowance for Loan _6

Loans and Allowance for Loan Losses, Impaired Loans By Loan Portfolio Class (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Mar. 31, 2023	Mar. 31, 2022	Jun. 30, 2022
Loans and Allowance for Loan Losses [Abstract]
Threshold principal amount of nonaccrual loans evaluated individually for impairment	$ 250		$ 250
With no related allowance recorded [Abstract]
Recorded investment	2,637		2,637		$ 1,536
Unpaid principal	2,637		2,637		1,536
Average recorded investment	1,915	$ 1,271	1,709	$ 1,225
Interest income recognized	21	8	40	28
With an allowance recorded [Abstract]
Recorded investment	7,161		7,161		9,235
Unpaid principal	7,161		7,161		9,235
Related allowance	1,818		1,818		2,347
Average recorded investment	8,111	7,781	8,503	6,469
Interest income recognized	60	118	171	262
Total impaired [Abstract]
Recorded investment	9,798		9,798		10,771
Unpaid principal	9,798		9,798		10,771
Related allowance	1,818		1,818		2,347
Average recorded investment	10,026	9,052	10,212	7,694
Interest income recognized	81	126	211	290
Residential Real Estate [Member] | Real Estate [Member]
With no related allowance recorded [Abstract]
Recorded investment	768		768		990
Unpaid principal	768		768		990
Average recorded investment	775	846	895	577
Interest income recognized	0	3	2	13
With an allowance recorded [Abstract]
Recorded investment	2,415		2,415		1,953
Unpaid principal	2,415		2,415		1,953
Related allowance	595		595		588
Average recorded investment	2,421	2,159	2,221	1,612
Interest income recognized	7	10	14	43
Total impaired [Abstract]
Recorded investment	3,183		3,183		2,943
Unpaid principal	3,183		3,183		2,943
Related allowance	595		595		588
Average recorded investment	3,196	3,005	3,116	2,189
Interest income recognized	7	13	16	56
Commercial Real Estate [Member] | Real Estate [Member]
With no related allowance recorded [Abstract]
Recorded investment	1,528		1,528		67
Unpaid principal	1,528		1,528		67
Average recorded investment	755	71	369	351
Interest income recognized	17	1	25	9
With an allowance recorded [Abstract]
Recorded investment	3,168		3,168		3,698
Unpaid principal	3,168		3,168		3,698
Related allowance	459		459		1,118
Average recorded investment	3,851	1,864	3,696	1,085
Interest income recognized	48	75	121	93
Total impaired [Abstract]
Recorded investment	4,696		4,696		3,765
Unpaid principal	4,696		4,696		3,765
Related allowance	459		459		1,118
Average recorded investment	4,606	1,935	4,065	1,436
Interest income recognized	65	76	146	102
Commercial Real Estate [Member] | Construction [Member]
With an allowance recorded [Abstract]
Recorded investment					102
Unpaid principal					102
Related allowance					1
Average recorded investment		102		102
Interest income recognized		0		0
Total impaired [Abstract]
Recorded investment					102
Unpaid principal					102
Related allowance					1
Average recorded investment		102		102
Interest income recognized		0		0
Consumer Loan [Member] | Home Equity [Member]
With no related allowance recorded [Abstract]
Recorded investment	0		0		128
Unpaid principal	0		0		128
Average recorded investment	43	128	100	128
Interest income recognized	0	0	0	0
With an allowance recorded [Abstract]
Recorded investment	0		0		320
Unpaid principal	0		0		320
Related allowance	0		0		44
Average recorded investment	0	320	107	321
Interest income recognized	0	4	4	10
Total impaired [Abstract]
Recorded investment	0		0		448
Unpaid principal	0		0		448
Related allowance	0		0		44
Average recorded investment	43	448	207	449
Interest income recognized	0	4	4	10
Consumer Loan [Member] | Consumer Installment [Member]
With no related allowance recorded [Abstract]
Recorded investment	4		4		5
Unpaid principal	4		4		5
Average recorded investment	4	2	4	1
Interest income recognized	0	1	1	1
With an allowance recorded [Abstract]
Related allowance	0		0		0
Total impaired [Abstract]
Recorded investment	4		4		5
Unpaid principal	4		4		5
Related allowance	0		0		0
Average recorded investment	4	2	4	1
Interest income recognized	0	1	1	1
Commercial Loans [Member]
With no related allowance recorded [Abstract]
Recorded investment	337		337		346
Unpaid principal	337		337		346
Average recorded investment	338	224	341	168
Interest income recognized	4	3	12	5
With an allowance recorded [Abstract]
Recorded investment	1,578		1,578		3,162
Unpaid principal	1,578		1,578		3,162
Related allowance	764		764		596
Average recorded investment	1,839	3,336	2,479	3,349
Interest income recognized	5	29	32	116
Total impaired [Abstract]
Recorded investment	1,915		1,915		3,508
Unpaid principal	1,915		1,915		3,508
Related allowance	764		764		$ 596
Average recorded investment	2,177	3,560	2,820	3,517
Interest income recognized	$ 9	$ 32	$ 44	$ 121

Loans and Allowance for Loan _7

Loans and Allowance for Loan Losses, Troubled Debt Restructurings (Details) $ in Thousands	3 Months Ended	9 Months Ended	12 Months Ended
	Sep. 30, 2022 USD ($) Loan	Mar. 31, 2023 USD ($) Contract	Jun. 30, 2022 USD ($) Contract Loan	Jun. 30, 2021 Loan
Troubled Debt Restructurings [Abstract]
TDR loans which have subsequently defaulted during the period, number of loans | Loan			0	0
Residential Real Estate [Member] | Real Estate [Member]
Troubled Debt Restructurings [Abstract]
Number of contracts | Contract		2
Pre-modification outstanding recorded investment		$ 778
Post-modification outstanding recorded investment		778
Current outstanding recorded investment		$ 778
Commercial Loans [Member]
Troubled Debt Restructurings [Abstract]
Number of contracts | Contract		1
Pre-modification outstanding recorded investment		$ 379
Post-modification outstanding recorded investment		379
Current outstanding recorded investment		$ 0
TDR loans which have subsequently defaulted during the period, number of loans | Loan	1
TDR loans which have subsequently defaulted during the period, amount	$ 379
Commercial Real Estate [Member] | Real Estate [Member]
Troubled Debt Restructurings [Abstract]
Number of contracts | Contract		3
Pre-modification outstanding recorded investment		$ 1,428
Post-modification outstanding recorded investment		1,481
Current outstanding recorded investment		$ 1,476
Consumer Loan [Member] | Consumer Installment [Member]
Troubled Debt Restructurings [Abstract]
Number of contracts | Contract			1
Pre-modification outstanding recorded investment			$ 5
Post-modification outstanding recorded investment			5
Current outstanding recorded investment			$ 5

Loans and Allowance for Loan _8

Loans and Allowance for Loan Losses, Activity and Allocation of Allowance for Loan Losses (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Mar. 31, 2023	Mar. 31, 2022	Jun. 30, 2022
Allowance for Loan Losses [Abstract]
Threshold principal amount of nonaccrual loans evaluated individually for impairment	$ 250		$ 250
Activity of allowance for loan losses by loan category [Roll Forward]
Balance, beginning of period	22,289	$ 21,684	22,761	$ 19,668
Charge-offs	229	144	544	462
Recoveries	39	36	137	102
Provision	(944)	163	(1,199)	2,431
Balance, end of period	21,155	21,739	21,155	21,739
Allocation of allowance for loan losses by loan category [Abstract]
Allowance for loan losses, ending balance, impairment analysis individually evaluated	1,818		1,818		$ 2,347
Allowance for loan losses, ending balance, impairment analysis collectively evaluated	19,337		19,337		20,414
Loans receivable, ending balance, impairment analysis individually evaluated	9,798		9,798		10,771
Loans receivable, ending balance, impairment analysis collectively evaluated	$ 1,399,649		$ 1,399,649		1,241,216
Smaller Business Loans [Member] | Unsecured [Member]
Allowance for Loan Losses [Abstract]
Threshold period to charge off loans against allowance for loan losses	90 days		90 days
Residential Real Estate [Member] | Real Estate [Member]
Activity of allowance for loan losses by loan category [Roll Forward]
Balance, beginning of period	$ 2,492	1,981	$ 2,373	2,012
Charge-offs	0	0	0	0
Recoveries	0	3	5	10
Provision	146	22	260	(16)
Balance, end of period	2,638	2,006	2,638	2,006
Allocation of allowance for loan losses by loan category [Abstract]
Allowance for loan losses, ending balance, impairment analysis individually evaluated	595		595		588
Allowance for loan losses, ending balance, impairment analysis collectively evaluated	2,043		2,043		1,785
Loans receivable, ending balance, impairment analysis individually evaluated	3,183		3,183		2,943
Loans receivable, ending balance, impairment analysis collectively evaluated	371,657		371,657		357,881
Residential Real Estate [Member] | Construction and Land [Member]
Activity of allowance for loan losses by loan category [Roll Forward]
Balance, beginning of period	193	115	141	106
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Provision	(21)	2	31	11
Balance, end of period	172	117	172	117
Allocation of allowance for loan losses by loan category [Abstract]
Allowance for loan losses, ending balance, impairment analysis individually evaluated	0		0		0
Allowance for loan losses, ending balance, impairment analysis collectively evaluated	172		172		141
Loans receivable, ending balance, impairment analysis individually evaluated	0		0		0
Loans receivable, ending balance, impairment analysis collectively evaluated	17,567		17,567		15,298
Residential Real Estate [Member] | Multi-family [Member]
Activity of allowance for loan losses by loan category [Roll Forward]
Balance, beginning of period	167	76	119	186
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Provision	32	10	80	(100)
Balance, end of period	199	86	199	86
Allocation of allowance for loan losses by loan category [Abstract]
Allowance for loan losses, ending balance, impairment analysis individually evaluated	0		0		0
Allowance for loan losses, ending balance, impairment analysis collectively evaluated	199		199		119
Loans receivable, ending balance, impairment analysis individually evaluated	0		0		0
Loans receivable, ending balance, impairment analysis collectively evaluated	67,251		67,251		63,822
Commercial Real Estate [Member] | Real Estate [Member]
Activity of allowance for loan losses by loan category [Roll Forward]
Balance, beginning of period	15,450	15,616	16,221	13,049
Charge-offs	9	0	9	0
Recoveries	0	0	0	0
Provision	(1,869)	276	(2,640)	2,843
Balance, end of period	13,572	15,892	13,572	15,892
Allocation of allowance for loan losses by loan category [Abstract]
Allowance for loan losses, ending balance, impairment analysis individually evaluated	459		459		1,118
Allowance for loan losses, ending balance, impairment analysis collectively evaluated	13,113		13,113		15,103
Loans receivable, ending balance, impairment analysis individually evaluated	4,696		4,696		3,765
Loans receivable, ending balance, impairment analysis collectively evaluated	698,072		698,072		591,870
Commercial Real Estate [Member] | Construction [Member]
Activity of allowance for loan losses by loan category [Roll Forward]
Balance, beginning of period	1,100	1,250	1,114	1,535
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Provision	380	(121)	366	(406)
Balance, end of period	1,480	1,129	1,480	1,129
Allocation of allowance for loan losses by loan category [Abstract]
Allowance for loan losses, ending balance, impairment analysis individually evaluated	0		0		1
Allowance for loan losses, ending balance, impairment analysis collectively evaluated	1,480		1,480		1,113
Loans receivable, ending balance, impairment analysis individually evaluated	0		0		102
Loans receivable, ending balance, impairment analysis collectively evaluated	$ 108,854		$ 108,854		83,646
Consumer Loan [Member] | Unsecured [Member]
Allowance for Loan Losses [Abstract]
Threshold period to charge off loans against allowance for loan losses	90 days		90 days
Consumer Loan [Member] | Home Equity [Member]
Activity of allowance for loan losses by loan category [Roll Forward]
Balance, beginning of period	$ 38	89	$ 89	165
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Provision	11	(2)	(40)	(78)
Balance, end of period	49	87	49	87
Allocation of allowance for loan losses by loan category [Abstract]
Allowance for loan losses, ending balance, impairment analysis individually evaluated	0		0		44
Allowance for loan losses, ending balance, impairment analysis collectively evaluated	49		49		45
Loans receivable, ending balance, impairment analysis individually evaluated	0		0		448
Loans receivable, ending balance, impairment analysis collectively evaluated	21,011		21,011		17,429
Consumer Loan [Member] | Consumer Installment [Member]
Activity of allowance for loan losses by loan category [Roll Forward]
Balance, beginning of period	284	280	349	267
Charge-offs	117	144	421	355
Recoveries	27	32	102	89
Provision	51	95	215	262
Balance, end of period	245	263	245	263
Allocation of allowance for loan losses by loan category [Abstract]
Allowance for loan losses, ending balance, impairment analysis individually evaluated	0		0		0
Allowance for loan losses, ending balance, impairment analysis collectively evaluated	245		245		349
Loans receivable, ending balance, impairment analysis individually evaluated	4		4		5
Loans receivable, ending balance, impairment analysis collectively evaluated	4,407		$ 4,407		4,507
Consumer Loan [Member] | Consumer Installment [Member] | Unsecured [Member]
Allowance for Loan Losses [Abstract]
Threshold period to charge off overdrawn deposit accounts against allowance for loan losses			60 days
Commercial Loans [Member]
Activity of allowance for loan losses by loan category [Roll Forward]
Balance, beginning of period	2,565	2,277	$ 2,355	2,348
Charge-offs	103	0	114	107
Recoveries	12	1	30	3
Provision	326	(119)	529	(85)
Balance, end of period	2,800	$ 2,159	2,800	$ 2,159
Allocation of allowance for loan losses by loan category [Abstract]
Allowance for loan losses, ending balance, impairment analysis individually evaluated	764		764		596
Allowance for loan losses, ending balance, impairment analysis collectively evaluated	2,036		2,036		1,759
Loans receivable, ending balance, impairment analysis individually evaluated	1,915		1,915		3,508
Loans receivable, ending balance, impairment analysis collectively evaluated	$ 110,830		$ 110,830		$ 106,763

Loans and Allowance for Loan _9

Loans and Allowance for Loan Losses, Foreclosed Real Estate (FRE) (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Jun. 30, 2022
Foreclosed Real Estate [Abstract]
Foreclosed real estate	$ 462	$ 68
Residential Real Estate [Member]
Foreclosed Real Estate [Abstract]
Foreclosed real estate	0	68
Commercial Real Estate [Member]
Foreclosed Real Estate [Abstract]
Foreclosed real estate	160	0
Consumer Loans [Member]
Foreclosed Real Estate [Abstract]
Foreclosed real estate	$ 302	$ 0

Fair Value Measurements and F_3

Fair Value Measurements and Fair Value of Financial Instruments, Assets Measured on Recurring Basis (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Jun. 30, 2022
Assets [Abstract]
Securities available-for-sale	$ 316,864	$ 408,062
Equity securities	295	273
Recurring [Member]
Assets [Abstract]
Securities available-for-sale	316,864	408,062
Equity securities	295	273
Total securities measured at fair value	317,159	408,335
Recurring [Member] | U.S. Government Sponsored Enterprises [Member]
Assets [Abstract]
Securities available-for-sale	11,004	11,319
Recurring [Member] | U.S. Treasury Securities [Member]
Assets [Abstract]
Securities available-for-sale	16,665	18,427
Recurring [Member] | State and Political Subdivisions [Member]
Assets [Abstract]
Securities available-for-sale	172,593	248,076
Recurring [Member] | Mortgage-backed Securities-Residential [Member]
Assets [Abstract]
Securities available-for-sale	26,534	29,897
Recurring [Member] | Mortgage-backed Securities-Multi-family [Member]
Assets [Abstract]
Securities available-for-sale	73,613	83,709
Recurring [Member] | Corporate Debt Securities [Member]
Assets [Abstract]
Securities available-for-sale	16,455	16,634
Recurring [Member] | Quoted Prices In Active Markets For Identical Assets (Level 1) [Member]
Assets [Abstract]
Securities available-for-sale	0	0
Equity securities	295	273
Total securities measured at fair value	295	273
Recurring [Member] | Quoted Prices In Active Markets For Identical Assets (Level 1) [Member] | U.S. Government Sponsored Enterprises [Member]
Assets [Abstract]
Securities available-for-sale	0	0
Recurring [Member] | Quoted Prices In Active Markets For Identical Assets (Level 1) [Member] | U.S. Treasury Securities [Member]
Assets [Abstract]
Securities available-for-sale	0	0
Recurring [Member] | Quoted Prices In Active Markets For Identical Assets (Level 1) [Member] | State and Political Subdivisions [Member]
Assets [Abstract]
Securities available-for-sale	0	0
Recurring [Member] | Quoted Prices In Active Markets For Identical Assets (Level 1) [Member] | Mortgage-backed Securities-Residential [Member]
Assets [Abstract]
Securities available-for-sale	0	0
Recurring [Member] | Quoted Prices In Active Markets For Identical Assets (Level 1) [Member] | Mortgage-backed Securities-Multi-family [Member]
Assets [Abstract]
Securities available-for-sale	0	0
Recurring [Member] | Quoted Prices In Active Markets For Identical Assets (Level 1) [Member] | Corporate Debt Securities [Member]
Assets [Abstract]
Securities available-for-sale	0	0
Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member]
Assets [Abstract]
Securities available-for-sale	316,864	408,062
Equity securities	0	0
Total securities measured at fair value	316,864	408,062
Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member] | U.S. Government Sponsored Enterprises [Member]
Assets [Abstract]
Securities available-for-sale	11,004	11,319
Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member] | U.S. Treasury Securities [Member]
Assets [Abstract]
Securities available-for-sale	16,665	18,427
Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member] | State and Political Subdivisions [Member]
Assets [Abstract]
Securities available-for-sale	172,593	248,076
Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member] | Mortgage-backed Securities-Residential [Member]
Assets [Abstract]
Securities available-for-sale	26,534	29,897
Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member] | Mortgage-backed Securities-Multi-family [Member]
Assets [Abstract]
Securities available-for-sale	73,613	83,709
Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member] | Corporate Debt Securities [Member]
Assets [Abstract]
Securities available-for-sale	16,455	16,634
Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member]
Assets [Abstract]
Securities available-for-sale	0	0
Equity securities	0	0
Total securities measured at fair value	0	0
Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | U.S. Government Sponsored Enterprises [Member]
Assets [Abstract]
Securities available-for-sale	0	0
Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | U.S. Treasury Securities [Member]
Assets [Abstract]
Securities available-for-sale	0	0
Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | State and Political Subdivisions [Member]
Assets [Abstract]
Securities available-for-sale	0	0
Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Mortgage-backed Securities-Residential [Member]
Assets [Abstract]
Securities available-for-sale	0	0
Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Mortgage-backed Securities-Multi-family [Member]
Assets [Abstract]
Securities available-for-sale	0	0
Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Corporate Debt Securities [Member]
Assets [Abstract]
Securities available-for-sale	$ 0	$ 0

Fair Value Measurements and F_4

Fair Value Measurements and Fair Value of Financial Instruments, Assets and Liabilities Measured on Nonrecurring Basis (Details) $ in Thousands	9 Months Ended
	Mar. 31, 2023 USD ($) Approach	Jun. 30, 2022 USD ($)
Assets Measured at Fair Value on Nonrecurring Basis [Abstract]
Impaired loans, recorded investment	$ 9,798	$ 10,771
Impaired loans, related allowance	1,818	2,347
Nonrecurring [Member]
Assets Measured at Fair Value on Nonrecurring Basis [Abstract]
Impaired loans, recorded investment	7,312	9,401
Impaired loans, related allowance	1,818	2,347
Impaired loans, fair value	5,494	7,054
Foreclosed real estate, recorded investment	462	68
Foreclosed real estate, related allowance	0	0
Foreclosed real estate, fair value	$ 462	68
Nonrecurring [Member] | Maximum [Member]
Assets Measured at Fair Value on Nonrecurring Basis [Abstract]
Number of approaches used for appraisals | Approach	3
Nonrecurring [Member] | Level 1 [Member]
Assets Measured at Fair Value on Nonrecurring Basis [Abstract]
Impaired loans, fair value	$ 0	0
Foreclosed real estate, fair value	0	0
Nonrecurring [Member] | Level 2 [Member]
Assets Measured at Fair Value on Nonrecurring Basis [Abstract]
Impaired loans, fair value	0	0
Foreclosed real estate, fair value	0	0
Nonrecurring [Member] | Level 3 [Member]
Assets Measured at Fair Value on Nonrecurring Basis [Abstract]
Impaired loans, fair value	5,494	7,054
Foreclosed real estate, fair value	$ 462	$ 68

Fair Value Measurements and F_5

Fair Value Measurements and Fair Value of Financial Instruments, Fair Value Inputs, Assets, Quantitative Information (Details) $ in Thousands		Mar. 31, 2023 USD ($)	Jun. 30, 2022 USD ($)
Nonrecurring [Member]
Additional Quantitative Information about Assets Measured at Fair Value [Abstract]
Impaired loans		$ 5,494	$ 7,054
Foreclosed real estate		462	68
Level 3 [Member] | Appraisal of Collateral [Member]
Additional Quantitative Information about Assets Measured at Fair Value [Abstract]
Impaired loans	[1]	4,804	4,333
Foreclosed real estate	[1]	462	68
Level 3 [Member] | Discounted Cash Flow [Member]
Additional Quantitative Information about Assets Measured at Fair Value [Abstract]
Impaired loans		690	2,721
Level 3 [Member] | Nonrecurring [Member]
Additional Quantitative Information about Assets Measured at Fair Value [Abstract]
Impaired loans		5,494	7,054
Foreclosed real estate		$ 462	$ 68
Level 3 [Member] | Appraisal Adjustments [Member] | Appraisal of Collateral [Member]
Additional Quantitative Information about Assets Measured at Fair Value [Abstract]
Foreclosed real estate, measurement input	[1],[2]	0	0.1046
Level 3 [Member] | Appraisal Adjustments [Member] | Appraisal of Collateral [Member] | Minimum [Member]
Additional Quantitative Information about Assets Measured at Fair Value [Abstract]
Impaired loans, measurement input	[1],[2]	0.1319	0.0706
Level 3 [Member] | Appraisal Adjustments [Member] | Appraisal of Collateral [Member] | Maximum [Member]
Additional Quantitative Information about Assets Measured at Fair Value [Abstract]
Impaired loans, measurement input	[1],[2]	0.3373	0.3373
Level 3 [Member] | Appraisal Adjustments [Member] | Appraisal of Collateral [Member] | Weighted Average [Member]
Additional Quantitative Information about Assets Measured at Fair Value [Abstract]
Impaired loans, measurement input	[1],[2]	0.3306	0.2167
Foreclosed real estate, measurement input	[1],[2]	0	0.1046
Level 3 [Member] | Liquidation Expenses [Member] | Appraisal of Collateral [Member]
Additional Quantitative Information about Assets Measured at Fair Value [Abstract]
Foreclosed real estate, measurement input	[1],[3]	0.06
Level 3 [Member] | Liquidation Expenses [Member] | Appraisal of Collateral [Member] | Minimum [Member]
Additional Quantitative Information about Assets Measured at Fair Value [Abstract]
Impaired loans, measurement input	[1],[3]	0.0398	0.0398
Level 3 [Member] | Liquidation Expenses [Member] | Appraisal of Collateral [Member] | Maximum [Member]
Additional Quantitative Information about Assets Measured at Fair Value [Abstract]
Impaired loans, measurement input	[1],[3]	0.0673	0.0558
Level 3 [Member] | Liquidation Expenses [Member] | Appraisal of Collateral [Member] | Weighted Average [Member]
Additional Quantitative Information about Assets Measured at Fair Value [Abstract]
Impaired loans, measurement input	[1],[3]	0.0847	0.0472
Foreclosed real estate, measurement input	[1],[3]	0.06
Level 3 [Member] | Discount Rate [Member] | Discounted Cash Flow [Member] | Minimum [Member]
Additional Quantitative Information about Assets Measured at Fair Value [Abstract]
Impaired loans, measurement input		0.0379	0.0419
Level 3 [Member] | Discount Rate [Member] | Discounted Cash Flow [Member] | Maximum [Member]
Additional Quantitative Information about Assets Measured at Fair Value [Abstract]
Impaired loans, measurement input		0.1195	0.1195
Level 3 [Member] | Discount Rate [Member] | Discounted Cash Flow [Member] | Weighted Average [Member]
Additional Quantitative Information about Assets Measured at Fair Value [Abstract]
Impaired loans, measurement input		0.0799	0.0621
[1]Fair value is generally determined through independent third-party appraisals of the underlying collateral, which generally includes various Level 3 inputs which are not observable.[2]Appraisals may be adjusted downwards by management for qualitative factors such as economic conditions. Higher downward adjustments are caused by negative changes to the collateral or conditions in the real estate market, actual offers or sales contracts received or age of the appraisal.[3]Appraisals are adjusted downwards by management for qualitative factors such as the estimated costs to liquidate the collateral.

Fair Value Measurements and F_6

Fair Value Measurements and Fair Value of Financial Instruments, Carrying Amount and Estimated Fair Value (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Jun. 30, 2022
Carrying Amounts and Estimated Fair Value of Financial Instruments [Abstract]
Securities available-for-sale	$ 316,864	$ 408,062
Equity securities	295	273
Carrying Amount [Member]
Carrying Amounts and Estimated Fair Value of Financial Instruments [Abstract]
Cash and cash equivalents	178,322	69,009
Long term certificates of deposit	4,581	4,107
Securities available-for-sale	316,864	408,062
Securities held-to-maturity	736,983	761,852
Equity securities	295	273
Federal Home Loan Bank stock	1,461	6,803
Net loans receivable	1,388,321	1,229,355
Accrued interest receivable	13,992	8,917
Deposits	2,472,323	2,212,604
Borrowings		123,700
Subordinated notes payable, net	49,449	49,310
Accrued interest payable	306	603
Fair Value [Member]
Carrying Amounts and Estimated Fair Value of Financial Instruments [Abstract]
Cash and cash equivalents	178,322	69,009
Long term certificates of deposit	4,379	3,993
Securities available-for-sale	316,864	408,062
Securities held-to-maturity	685,893	710,453
Equity securities	295	273
Federal Home Loan Bank stock	1,461	6,803
Net loans receivable	1,278,163	1,170,960
Accrued interest receivable	13,992	8,917
Deposits	2,472,849	2,212,743
Borrowings		123,793
Subordinated notes payable, net	47,078	49,168
Accrued interest payable	306	603
Fair Value [Member] | Level 1 [Member]
Carrying Amounts and Estimated Fair Value of Financial Instruments [Abstract]
Cash and cash equivalents	178,322	69,009
Long term certificates of deposit	0	0
Securities available-for-sale	0	0
Securities held-to-maturity	0	0
Equity securities	295	273
Federal Home Loan Bank stock	0	0
Net loans receivable	0	0
Accrued interest receivable	0	0
Deposits	0	0
Borrowings		0
Subordinated notes payable, net	0	0
Accrued interest payable	0	0
Fair Value [Member] | Level 2 [Member]
Carrying Amounts and Estimated Fair Value of Financial Instruments [Abstract]
Cash and cash equivalents	0	0
Long term certificates of deposit	4,379	3,993
Securities available-for-sale	316,864	408,062
Securities held-to-maturity	685,893	710,453
Equity securities	0	0
Federal Home Loan Bank stock	1,461	6,803
Net loans receivable	0	0
Accrued interest receivable	13,992	8,917
Deposits	2,472,849	2,212,743
Borrowings		123,793
Subordinated notes payable, net	47,078	49,168
Accrued interest payable	306	603
Fair Value [Member] | Level 3 [Member]
Carrying Amounts and Estimated Fair Value of Financial Instruments [Abstract]
Cash and cash equivalents	0	0
Long term certificates of deposit	0	0
Securities available-for-sale	0	0
Securities held-to-maturity	0	0
Equity securities	0	0
Federal Home Loan Bank stock	0	0
Net loans receivable	1,278,163	1,170,960
Accrued interest receivable	0	0
Deposits	0	0
Borrowings		0
Subordinated notes payable, net	0	0
Accrued interest payable	$ 0	$ 0

Earnings Per Share (Details)

Earnings Per Share (Details) $ / shares in Units, $ in Thousands		3 Months Ended		9 Months Ended
	Mar. 23, 2023	Mar. 31, 2023 USD ($) $ / shares shares	Mar. 31, 2022 USD ($) $ / shares shares	Mar. 31, 2023 USD ($) $ / shares shares	Mar. 31, 2022 USD ($) $ / shares shares
Earnings Per Share [Abstract]
Dilutive securities or contracts outstanding (in shares)		0	0	0	0
Anti-dilutive securities or contracts outstanding (in shares)		0	0	0	0
Earnings Per Share, Basic and Diluted [Abstract]
Net Income | $		$ 8,091	$ 7,188	$ 24,325	$ 21,179
Weighted Average Shares - Basic (in shares)		17,026,828	17,026,828	17,026,828	17,026,828
Weighted Average Shares - Diluted (in shares)		17,026,828	17,026,828	17,026,828	17,026,828
Earnings per share - Basic (in dollars per share) | $ / shares		$ 0.48	$ 0.42	$ 1.43	$ 1.24
Earnings per share - Diluted (in dollars per share) | $ / shares		$ 0.48	$ 0.42	$ 1.43	$ 1.24
Common Stock [Member]
Stock Split [Abstract]
Stock split conversion ratio	2

Dividends (Details)

Dividends (Details)			3 Months Ended			9 Months Ended
	Mar. 23, 2023	Jan. 18, 2023 $ / shares	Mar. 31, 2023 $ / shares	Dec. 31, 2022 $ / shares	Mar. 31, 2022 $ / shares	Mar. 31, 2023 $ / shares	Mar. 31, 2022 $ / shares
Dividends [Abstract]
Common stock, dividends, per share, declared (in dollars per share)			$ 0.07		$ 0.065	$ 0.21	$ 0.195
Common Stock [Member]
Dividends [Abstract]
Stock split conversion ratio	2
2023 Q1 Dividend [Member]
Dividends [Abstract]
Common stock, dividends, per share, declared (in dollars per share)				$ 0.14
2023 Q2 Dividend [Member]
Dividends [Abstract]
Dividends payable, date declared						Jan. 18, 2023
Common stock, dividends, per share, declared (in dollars per share)		$ 0.07
Dividends payable, date of record						Feb. 13, 2023
Dividends payable, date paid						Feb. 27, 2023
2023 Annual Dividend [Member]
Dividends [Abstract]
Common stock, dividends, per share, declared (in dollars per share)		$ 0.28

Employee Benefit Plans (Details

Employee Benefit Plans (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Mar. 31, 2023	Mar. 31, 2022	Jun. 30, 2022
Defined Benefit Plan [Member]
Components of Net Periodic Pension Costs [Abstract]
Interest cost	$ 50	$ 42	$ 150	$ 126
Expected return on plan assets	(55)	(70)	(165)	(210)
Amortization of net loss	27	32	81	96
Net periodic pension cost	22	$ 4	66	$ 12
Supplemental Executive Retirement Plan [Member]
Components of Net Periodic Pension Costs [Abstract]
Net periodic pension cost	396		1,200
Postemployment benefits liability	$ 11,500		$ 11,500		$ 9,900

Stock-Based Compensation (Detai

Stock-Based Compensation (Details) $ in Thousands		3 Months Ended		9 Months Ended
	Mar. 23, 2023	Mar. 31, 2023 USD ($) shares	Mar. 31, 2022 USD ($) shares	Mar. 31, 2023 USD ($) shares	Mar. 31, 2022 USD ($) shares	Jun. 30, 2022 USD ($)
Common Stock [Member]
Stock option related information [Abstract]
Stock split conversion ratio	2
2011 Phantom Stock Option and Long-term Incentive Plan [Member]
Stock option activity, shares [Roll Forward]
Number of options outstanding, beginning of period (in shares)		2,614,840	3,013,040	2,959,040	3,015,200
Options Granted (in shares)		0	0	807,200	950,240
Options Paid in Cash (in shares)		(70,000)	(54,000)	(1,221,400)	(1,006,400)
Number of options outstanding, end of period (in shares)		2,544,840	2,959,040	2,544,840	2,959,040
Stock option related information [Abstract]
Cash paid out on options vested | $		$ 184	$ 83	$ 4,288	$ 3,137
Compensation costs recognized | $		1,239	$ 1,143	3,233	$ 3,020
Total liability for the Plan | $		$ 5,100		$ 5,100		$ 6,100

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Mar. 31, 2023	Mar. 31, 2022
Balances and changes in components of accumulated other comprehensive loss [Roll Forward]
Balance	$ 168,207	$ 159,983	$ 157,714	$ 149,584
Amounts reclassified to net loss on sale of available-for-sale securities non-interest income	0	0	251	0
Tax expense effect	0	0	67	0
Reclassification adjustment for loss on sale of available-for-sale securities realized in net income, net	0	0	184	0
Total other comprehensive income (loss), net of taxes	2,927	(9,732)	(1,716)	(12,304)
Balance	178,678	156,932	178,678	156,932
Accumulated Other Comprehensive Loss [Member]
Balances and changes in components of accumulated other comprehensive loss [Roll Forward]
Balance	(23,026)	(3,733)	(18,383)	(1,161)
Other comprehensive income (loss) before reclassification	2,927	(9,732)	(1,900)	(12,304)
Amounts reclassified to net loss on sale of available-for-sale securities non-interest income			251
Tax expense effect			67
Reclassification adjustment for loss on sale of available-for-sale securities realized in net income, net			184
Total other comprehensive income (loss), net of taxes	2,927	(9,732)	(1,716)	(12,304)
Balance	(20,099)	(13,465)	(20,099)	(13,465)
Unrealized Gain (Losses) on Securities Available-for-sale [Member]
Balances and changes in components of accumulated other comprehensive loss [Roll Forward]
Balance	(21,911)	(2,224)	(17,268)	348
Other comprehensive income (loss) before reclassification	2,927	(9,732)	(1,900)	(12,304)
Amounts reclassified to net loss on sale of available-for-sale securities non-interest income			251
Tax expense effect			67
Reclassification adjustment for loss on sale of available-for-sale securities realized in net income, net			184
Total other comprehensive income (loss), net of taxes	2,927	(9,732)	(1,716)	(12,304)
Balance	(18,984)	(11,956)	(18,984)	(11,956)
Pension Benefits [Member]
Balances and changes in components of accumulated other comprehensive loss [Roll Forward]
Balance	(1,115)	(1,509)	(1,115)	(1,509)
Other comprehensive income (loss) before reclassification	0	0	0	0
Amounts reclassified to net loss on sale of available-for-sale securities non-interest income			0
Tax expense effect			0
Reclassification adjustment for loss on sale of available-for-sale securities realized in net income, net			0
Total other comprehensive income (loss), net of taxes	0	0	0	0
Balance	$ (1,115)	$ (1,509)	$ (1,115)	$ (1,509)

Operating leases, Quantitative

Operating leases, Quantitative Data (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Mar. 31, 2023	Mar. 31, 2022	Jun. 30, 2022
Operating Lease Amounts [Abstract]
Right-of-use assets	$ 2,291		$ 2,291		$ 1,980
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	Prepaid Expense and Other Assets		Prepaid Expense and Other Assets		Prepaid Expense and Other Assets
Lease liabilities	$ 2,364		$ 2,364		$ 2,040
Operating Lease, Liability, Statement of Financial Position [Extensible Enumeration]	Accrued Liabilities and Other Liabilities		Accrued Liabilities and Other Liabilities		Accrued Liabilities and Other Liabilities
Other Information [Abstract]
Operating outgoing cash flows from operating leases	$ 90	$ 89	$ 269	$ 263
Right-of-use assets obtained in exchange for new operating lease liabilities	561	0	561	415
Lease Costs [Abstract]
Operating lease cost	87	81	250	242
Variable lease cost	$ 12	$ 12	$ 32	$ 32

Operating leases, Undiscounted

Operating leases, Undiscounted Cash Flows (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Jun. 30, 2022
Undiscounted Cash Flows of Operating Lease Liabilities [Abstract]
2023	$ 329
2024	458
2025	452
2026	425
2027	345
Thereafter	562
Total undiscounted cash flow	2,571
Less net present value adjustment	(207)
Lease Liability	$ 2,364	$ 2,040
Weighted-average remaining lease term	5 years 14 days
Weighted-average discount rate	2.66%

Commitments and Contingent Li_3

Commitments and Contingent Liabilities (Details) - The Bank of Greene County [Member] - USD ($)	Feb. 28, 2023	Mar. 31, 2023	Dec. 31, 2022
Commitments [Abstract]
Total commitments		$ 189,108,000	$ 299,580,000
Cash payments under settlement agreement	$ 1,150,000
Settlement agreement waived amount	$ 64,500
Litigation reserved amount			1,150,000
Unfunded Loan Commitments [Member]
Commitments [Abstract]
Total commitments		96,111,000	213,420,000
Unused Lines of Credit [Member]
Commitments [Abstract]
Total commitments		92,108,000	85,971,000
Standby Letters of Credit [Member]
Commitments [Abstract]
Total commitments		$ 889,000	$ 189,000

Subsequent events (Details)

Subsequent events (Details)				3 Months Ended		9 Months Ended
	Apr. 19, 2023 $ / shares	Mar. 23, 2023	Jan. 18, 2023 $ / shares	Mar. 31, 2023 $ / shares	Mar. 31, 2022 $ / shares	Mar. 31, 2023 $ / shares	Mar. 31, 2022 $ / shares
Dividends [Abstract]
Common stock, dividends declared (in dollars per share)				$ 0.07	$ 0.065	$ 0.21	$ 0.195
2023 Annual Dividend [Member]
Dividends [Abstract]
Common stock, dividends declared (in dollars per share)			$ 0.28
2023 Q2 Dividend [Member]
Dividends [Abstract]
Common stock, dividends declared (in dollars per share)				$ 0.14
Common Stock [Member]
Dividends [Abstract]
Stock split conversion ratio		2
Subsequent Event [Member] | 2023 Annual Dividend [Member]
Dividends [Abstract]
Common stock, dividends declared (in dollars per share)	$ 0.28
Subsequent Event [Member] | 2023 Q3 Dividend [Member]
Dividends [Abstract]
Dividends payable, date declared	Apr. 19, 2023
Common stock, dividends declared (in dollars per share)	$ 0.07
Dividends payable, date of record	May 15, 2023
Dividends payable, date to be paid	May 31, 2023