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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND NATURE OF BUSINESS (Tables)
6 Months Ended
Dec. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule Of Earnings (Loss) Per Share

The following table presents the factors used in the earnings per share calculation:

 

 

For the Three Months Ended

 

 

For the Six Months Ended

 

 

 

December 31, 2022

 

 

December 31, 2021

 

 

December 31, 2022

 

 

December 31, 2021

 

Net income

 

$

341

 

 

$

234

 

 

$

986

 

 

$

706

 

Weighted average number of common shares outstanding

 

 

6,521,642

 

 

N/A

 

 

 

6,521,642

 

 

N/A

 

Less: Average unallocated ESOP shares

 

 

(247,100

)

 

N/A

 

 

 

(248,383

)

 

N/A

 

Weighted average number of common shares outstanding, net

 

 

6,274,542

 

 

N/A

 

 

 

6,273,260

 

 

N/A

 

Basic and diluted earnings per common share

 

$

0.05

 

 

N/A

 

 

$

0.16

 

 

N/A