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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash flows from operating activities:    
Net income $ 2,090 $ 2,667
Adjustments to reconcile net income to net cash provided by operating activities :    
Depreciation and amortization 889 1,364
Provision (recovery) for loan losses 70 (339)
Stock-based compensation 212 201
Provision for deferred income taxes 383 261
Decrease in accounts payable, accrued interest and other liabilities (1,492) (66)
Decrease (increase) in prepaid expenses and other assets 110 (1,041)
Net cash provided by operating activities 2,262 3,047
Cash flows from investing activities:    
Net increase in loans held for investment (54,316) (8,177)
Maturity of investment securities - held to maturity 200 200
Principal payments from investment securities - held to maturity 9,145 16,775
Principal payments from investment securities - available for sale 132 263
Purchase of premises and equipment (212) (8)
Net cash (used for) provided by investing activities (45,051) 9,053
Cash flows from financing activities:    
Net increase in deposits 29,820 18,769
Repayments of long-term borrowings (20,000) (10,983)
Proceeds from short-term borrowings, net 50,000 0
Treasury stock purchases (724) (851)
Cash dividends (1,020) (1,056)
Net cash provided by financing activities 58,076 5,879
Net increase in cash and cash equivalents 15,287 17,979
Cash and cash equivalents at beginning of period 23,414 70,270
Cash and cash equivalents at end of period 38,701 88,249
Supplemental information:    
Cash paid for interest 835 861
Cash paid for income taxes $ 0 $ 100