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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Cash flows from operating activities:    
Net income $ 2,772 $ 3,903
Adjustments to reconcile net income to net cash provided by operating activities :    
Depreciation and amortization 1,816 1,524
Recovery of credit losses (111) (175)
Net unrealized gain on other equity investments (110)  
Stock-based compensation 300 123
Provision for deferred income taxes 351 175
Decrease in accounts payable, accrued interest and other liabilities (1,992) (772)
Increase in prepaid expenses and other assets (143) (1,320)
Net cash provided by operating activities 2,883 3,458
Cash flows from investing activities:    
Net (increase) decrease in loans held for investment (1,251) 429
Principal payments from investment securities - held to maturity 10,956 12,353
Principal payments from investment securities - available for sale 125 203
Purchase of premises and equipment (188) (1,100)
Net cash provided by investing activities 9,642 11,885
Cash flows from financing activities:    
Net decrease in deposits (20,833) (38,591)
Proceeds from long-term borrowings 62,000 37,500
Repayments of long-term borrowings (20,000) (10,009)
Repayments of short-term borrowings, net (35,000) (20,000)
Treasury stock purchases (2,494) (1,257)
Withholding taxes on stock-based compensation (128)  
Cash dividends (1,907) (1,957)
Net cash used for financing activities (18,362) (34,314)
Net decrease in cash and cash equivalents (5,837) (18,971)
Cash and cash equivalents at beginning of period 51,376 65,849
Cash and cash equivalents at end of period 45,539 46,878
Supplemental information:    
Cash paid for interest 11,340 8,902
Cash paid for income taxes $ 1,331 $ 2,115