Leases (Tables)

6 Months Ended

Dec. 31, 2025

Carrying Amounts of ROU Assets and Corresponding Lease Liabilities

At December 31, 2025 and June 30, 2025, the carrying amounts of the ROU assets and corresponding lease liabilities were as follows:

(In Thousands)		December 31, 2025		June 30, 2025
Lease Right-of-Use Assets	Classification
Operating lease right-of-use assets	Other Assets	$	792	$	799
Total Lease Right-of-Use Assets		$	792	$	799

Lease Liabilities
Operating lease liabilities	Other Accrued Expenses and Liabilities	$	854	$	856
Total Lease Liabilities		$	854	$	856

Weighted-Average Remaining Lease Term and Discount rate

The calculated amount of the ROU assets and lease liabilities in the table above are impacted by the length of the lease term and the discount rate used to present value the minimum lease payments. The Company’s lease agreements often include one or more options to renew at the Company’s discretion. If at lease inception, the Company considers the exercising of a renewal option to be reasonably certain, the Company will include the extended term in the calculation of the ROU asset and lease liability. Regarding the discount rate, Topic 842 requires the use of the rate implicit in the lease whenever this rate is readily determinable. As this rate is rarely determinable, the Company utilizes its incremental borrowing rate at lease inception, on a collateralized basis, over a similar term.

December 31, 2025

June 30, 2025

Weighted-average remaining lease term

Operating leases

Weighted-average discount rate

Operating leases

Home Federal Bancorp, Inc. of Louisiana 10-Q