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Holding Company Condensed Financial Information (Tables) | 12 Months Ended
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Jun. 30, 2024
Holding Company Condensed Financial Information |
Schedule of condensed statements of financial condition | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | June 30,
(In Thousands) |  | 2024 |  | 2023
​ | ​ | ​ | ​ | ​ | ​ | ​
Assets | ​ | ​ | ​ | ​ | ​ | ​
Cash and cash equivalents | ​ | $ | 3,385 | ​ | $ | 3,737
Investment in subsidiary | ​ |  | 126,601 | ​ |  | 125,949
Other assets | ​ |  | 64 | ​ |  | 67
​ | ​ | $ | 130,050 | ​ | $ | 129,753
​ | ​ |  |  | ​ |  |
Liabilities and Stockholders’ Equity | ​ |  |  | ​ |  |
Other liabilities | ​ | $ | 109 | ​ | $ | 66
Stockholders’ equity | ​ |  | 129,941 | ​ |  | 129,687
​ | ​ | $ | 130,050 | ​ | $ | 129,753
Schedule of condensed statements of operations | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Year Ended June 30,
(In Thousands) |  | 2024 |  | 2023
​ | ​ | ​ | ​ | ​ | ​ | ​
Dividend from the Bank | ​ | $ | 7,000 | ​ | $ | 9,500
Interest and other income | ​ |  | 2 | ​ |  | 3
Total income | ​ |  | 7,002 | ​ |  | 9,503
​ | ​ |  |  | ​ |  |
General and administrative expenses | ​ |  | 1,294 | ​ |  | 1,267
Earnings before income taxes and equity in undistributed earnings of the Bank | ​ |  | 5,708 | ​ |  | 8,236
​ | ​ |  |  | ​ |  |
Income tax benefit | ​ |  | (382) | ​ |  | (373)
Earnings before equity in undistributed earnings of the Bank | ​ |  | 6,090 | ​ |  | 8,609
​ | ​ |  |  | ​ |  |
Equity in undistributed earnings of the Bank | ​ |  | 1,261 | ​ |  | (17)
Net income | ​ | $ | 7,351 | ​ | $ | 8,592
Schedule of condensed statements of cash flows | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Year Ended June 30,
(In Thousands) |  | 2024 |  | 2023
​ | ​ | ​ | ​ | ​ | ​ | ​
Cash flow from operating activities: |  | ​ |  |  | ​ |
Net income | ​ | $ | 7,351 | ​ | $ | 8,592
Adjustments to reconcile net income to net cash provided by operating activities: | ​ |  |  | ​ |  |
Equity in undistributed earnings of the Bank | ​ |  | (1,261) | ​ |  | 17
Decrease (increase) in other assets | ​ |  | 3 | ​ |  | (6)
Increase in other liabilities | ​ |  | 43 | ​ |  | 29
Net cash provided by operating activities | ​ |  | 6,136 | ​ |  | 8,632
​ | ​ |  |  | ​ |  |
Cash flow from financing activities: | ​ |  |  | ​ |  |
Treasury stock purchases | ​ |  | (2,601) | ​ |  | (4,648)
Cash dividends | ​ |  | (3,887) | ​ |  | (3,998)
Net cash used for financing activities | ​ |  | (6,488) | ​ |  | (8,646)
Net decrease in cash during the year | ​ |  | (352) | ​ |  | (14)
Cash and cash equivalents at beginning of year | ​ |  | 3,737 | ​ |  | 3,751
Cash and cash equivalents at end of year | ​ | $ | 3,385 | ​ | $ | 3,737
​

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