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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Interest Income    
Interest and fees on loans $ 20,999 $ 22,917
Securities    
Taxable 3,101 3,652
Tax-exempt 39 75
Federal Home Loan Bank dividends 128 71
Deposits with financial institutions 90 267
Total interest and dividend income 24,357 26,982
Interest Expense    
Deposits 3,693 7,910
Federal Home Loan Bank advances and repurchase agreements 409 651
Line of credit and other borrowings 76 133
Total interest expense 4,178 8,694
Net Interest Income 20,179 18,288
Provision for Loan Losses 844 128
Net Interest Income After Provision for Loan Losses 19,335 18,160
Noninterest Income    
Insurance commissions 645 630
Brokerage commissions 967 911
Net realized gains on sale of available-for-sale securities 320 267
Mortgage banking income, net 613 119
Gain on sale of loans 1,573 801
Bank-owned life insurance income, net 411 273
Other 1,035 1,102
Total noninterest income 6,258 4,810
Noninterest Expense    
Compensation and benefits 11,897 11,070
Office occupancy 900 943
Equipment 1,730 1,564
Federal deposit insurance 178 21
Stationary, printing and office 75 128
Advertising 441 499
Professional services 491 442
Supervisory examination 147 154
Audit and accounting services 138 136
Organizational dues and subscriptions 50 49
Insurance bond premiums 181 163
Telephone and postage 191 213
Loss on sale of foreclosed assets 30 27
Other 1,763 1,677
Total noninterest expense 18,212 17,086
Income Before Income Tax 7,381 5,884
Provision for Income Taxes 2,034 1,639
Net Income $ 5,347 $ 4,245
Earnings Per Share:    
Basic $ 1.76 $ 1.37
Diluted 1.74 1.35
Dividends Paid Per Share $ 0.30 $ 0.30
Customer Service Fees [Member]    
Noninterest Income    
Noninterest income $ 275 $ 340
Other Service Charges and Fees [Member]    
Noninterest Income    
Noninterest income $ 419 $ 367