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Consolidated Statements of Financial Condition (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2023
Jun. 30, 2023
Assets    
Cash and due from banks $ 13,837 $ 8,657
Interest-bearing deposits at other banks 103,754 33,792
Federal funds sold 3,520  
Total cash and cash equivalents 121,111 42,449
Securities available-for-sale, at fair value 35,008 36,076
Securities held-to-maturity, at amortized cost 168,922 171,185
Equity securities, at fair value 21 24
Loans receivable, net of allowance for credit losses of $5,325 and $1,116, respectively 692,403 362,252
Premises and equipment, net 5,287 3,546
Right of use asset 3,434 19
Restricted equity securities, at cost 1,274 726
Accrued interest receivable 2,323 1,189
Bank owned life insurance 36,360 28,714
Net deferred tax asset 1,623  
Goodwill and intangible assets 29,487  
Other assets 11,199 5,306
Total assets 1,108,452 651,486
Deposits:    
Noninterest-bearing 144,183 40,687
Interest-bearing 733,111 463,230
Total deposits 877,294 503,917
Borrowings 20,000 20,000
Advance payments by borrowers for taxes and insurance 4,215 4,313
Accrued interest payable 636  
Lease liability 3,462 19
Other liabilities 8,366 1,153
Total liabilities 913,973 529,402
Equity    
Common stock, $0.01 par value, 55,000,000 authorized; 9,507,930 and 0 shares issued, respectively 95  
Additional paid in capital 91,490  
Retained earnings 116,567 127,099
Unearned compensation ESOP 7,595  
Accumulated other comprehensive loss (6,078) (5,015)
Total stockholders' equity 194,479 122,084
Total liabilities and stockholders' equity $ 1,108,452 $ 651,486