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Holding Company Condensed Financial Information (Tables) | 12 Months Ended
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Jun. 30, 2023
Holding Company Condensed Financial Information |
Schedule of condensed statements of financial condition | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | June 30,
(In Thousands) |  | 2023 |  | 2022
​ | ​ | ​ | ​ | ​ | ​ | ​
Assets | ​ | ​ | ​ | ​ | ​ | ​
Cash and cash equivalents | ​ | $ | 3,737 | ​ | $ | 3,751
Investment in subsidiary | ​ |  | 125,949 | ​ |  | 124,875
Other assets | ​ |  | 67 | ​ |  | 61
​ | ​ | $ | 129,753 | ​ | $ | 128,687
​ | ​ |  |  | ​ |  |
Liabilities and Stockholders’ Equity | ​ |  |  | ​ |  |
Other liabilities | ​ | $ | 66 | ​ | $ | 37
Stockholders’ equity | ​ |  | 129,687 | ​ |  | 128,650
​ | ​ | $ | 129,753 | ​ | $ | 128,687
Schedule of condensed statements of operations | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Year Ended June 30,
(In Thousands) |  | 2023 |  | 2022
​ | ​ | ​ | ​ | ​ | ​ | ​
Dividend from the Bank | ​ | $ | 9,500 | ​ | $ | 7,500
Interest and other income | ​ |  | 3 | ​ |  | 3
Total income | ​ |  | 9,503 | ​ |  | 7,503
​ | ​ |  |  | ​ |  |
General and administrative expenses | ​ |  | 1,267 | ​ |  | 1,219
Earnings before income taxes and equity in undistributed earnings of the Bank | ​ |  | 8,236 | ​ |  | 6,284
​ | ​ |  |  | ​ |  |
Income tax benefit | ​ |  | (373) | ​ |  | (358)
Earnings before equity in undistributed earnings of the Bank | ​ |  | 8,609 | ​ |  | 6,642
​ | ​ |  |  | ​ |  |
Equity in undistributed earnings of the Bank | ​ |  | (17) | ​ |  | 2,451
Net income | ​ | $ | 8,592 | ​ | $ | 9,093
Schedule of condensed statements of cash flows | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Year Ended June 30,
(In Thousands) |  | 2023 |  | 2022
​ | ​ | ​ | ​ | ​ | ​ | ​
Cash flow from operating activities: |  | ​ |  |  | ​ |
Net income | ​ | $ | 8,592 | ​ | $ | 9,093
Adjustments to reconcile net income to net cash provided by operating activities: | ​ |  |  | ​ |  |
Equity in undistributed earnings of the Bank | ​ |  | 17 | ​ |  | (2,451)
Increase in other assets | ​ |  | (6) | ​ |  | (1)
Increase (decrease) in other liabilities | ​ |  | 29 | ​ |  | (15)
Net cash provided by operating activities | ​ |  | 8,632 | ​ |  | 6,626
​ | ​ |  |  | ​ |  |
Cash flow from financing activities: | ​ |  |  | ​ |  |
Treasury stock purchases | ​ |  | (4,648) | ​ |  | (4,305)
Cash dividends | ​ |  | (3,998) | ​ |  | (4,146)
Net cash used for financing activities | ​ |  | (8,646) | ​ |  | (8,451)
Net decrease in cash during the year | ​ |  | (14) | ​ |  | (1,825)
Cash and cash equivalents at beginning of year | ​ |  | 3,751 | ​ |  | 5,576
Cash and cash equivalents at end of year | ​ | $ | 3,737 | ​ | $ | 3,751

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