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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities:    
Net income $ 2,661 $ 4,960
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 2,796 1,356
Provision (recovery) for loan losses 259 (203)
Stock-based compensation 490 480
(Benefit) provision for deferred income taxes (344) 1,432
Increase (decrease) in accounts payable, accrued interest and other liabilities 952 (2,923)
Increase in prepaid expenses and other assets (81) (3,025)
Net cash provided by operating activities 6,733 2,077
Cash flows from investing activities:    
Decrease (increase) in loans held for investment, net 46,464 (61,773)
Maturity of investment securities held to maturity 600  
Principal payments from investment securities held to maturity 21,269 16,702
Principal payments from investment securities available for sale 527 695
Purchase of investment securities held to maturity (107,230)  
Purchase of premises and equipment (207) (148)
Net cash used for investing activities (38,577) (44,524)
Cash flows from financing activities:    
Increase (decrease) in deposits, net 16,999 (7,621)
Repayments of short-term borrowings, net (5,000)  
Repayments of long-term borrowings (20,032) (29)
Proceeds from long-term borrowings   30,007
Exercise of stock options   215
Withholding taxes on stock based compensation (37) (32)
Cash dividends (2,083) (2,095)
Treasury stock purchases (36) (397)
Net cash (used for) provided by financing activities (10,189) 20,048
Net decrease in cash and cash equivalents (42,033) (22,399)
Cash and cash equivalents at beginning of period 116,034 70,632
Cash and cash equivalents at end of period 74,001 48,233
Supplemental information:    
Cash paid for interest 2,742 3,091
Cash paid for income taxes $ 2,470 350
Transfer of loans held for sale to held for investment   $ 1,085