v3.22.2.2
Deposits
 12 Months Ended
Jun. 30, 2022
Statistical Disclosure for Banks [Abstract]  
DEPOSITS

NOTE G - DEPOSITS

 

Deposits consist of the following major classifications at June 30:

 

(in thousands)  2022   2021 
Non-interest bearing checking accounts  $15,726   $13,090 
Checking accounts   23,902    21,352 
Savings Accounts   62,649    56,576 
Money market demand deposits   12,875    10,933 
Total demand, transaction and passbook deposits   115,152    101,951 
Certificates of deposit   124,705    124,892 
Total deposits  $239,857   $226,843 

 

Maturities of outstanding certificates of deposit at June 30 are summarized as follows:

 

(in thousands)  2022 
2023  $85,324 
2024   28,320 
2025   8,024 
2026   1,701 
2027 and thereafter   1,336 
   $124,705 

 

 At June 30, 2022 and 2021, the Banks had certificate of deposit accounts with balances equal to or in excess of $250,000 totaling approximately $13.1 million and $11.2 million, respectively.