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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash flows from operating activities:    
Net income $ 1,900 $ 1,762
Adjustments to reconcile net income to net cash provided by operating activities :    
Depreciation and amortization 902 757
(Recovery of) provision for credit losses (697) 545
Net unrealized gain on other equity investments (25)  
Stock-based compensation 173 49
Provision for deferred income taxes 626 96
(Decrease) increase in accounts payable, accrued interest and other liabilities (1,009) 64
Decrease in prepaid expenses and other assets 689 91
Net cash provided by operating activities 2,559 3,364
Cash flows from investing activities:    
Net increase in loans held for investment 4,727 3,562
Principal payments from investment securities - held to maturity 5,673 6,608
Principal payments from investment securities - available for sale 66 75
Purchase of premises and equipment (171) (564)
Net cash provided by investing activities 10,295 9,681
Cash flows from financing activities:    
Net decrease in deposits (24,484) (19,440)
Proceeds from long-term borrowings 44,000 25,000
Repayments of long-term borrowings (5,000) (10,000)
Repayments of short-term borrowings, net (28,000) (15,000)
Treasury stock purchases (1,464) (495)
Withholding taxes on stock-based compensation (128)  
Cash dividends (961) (981)
Net cash used for financing activities (16,037) (20,916)
Net decrease in cash and cash equivalents (3,183) (7,871)
Cash and cash equivalents at beginning of period 51,376 65,849
Cash and cash equivalents at end of period 48,193 57,978
Supplemental information:    
Cash paid for interest $ 5,608 $ 3,808