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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Interest Income    
Interest and fees on loans $ 20,195 $ 20,999
Securities:    
Taxable 4,296 3,101
Tax-exempt 51 39
Federal Home Loan Bank dividends 120 128
Deposits with financial institutions 130 90
Total interest and dividend income 24,792 24,357
Interest Expense    
Deposits 2,068 3,693
Federal Home Loan Bank advances and repurchase agreements 382 409
Line of credit and other borrowings 79 76
Total interest expense 2,529 4,178
Net Interest Income 22,263 20,179
Provision for Loan Losses 492 844
Net Interest Income After Provision for Loan Losses 21,771 19,335
Noninterest Income    
Insurance commissions 692 645
Brokerage commissions 1,131 967
Net realized gains (losses) on sale of available-for-sale securities (275) 320
Mortgage banking income, net 797 613
Gain on sale of loans 515 1,573
Bank-owned life insurance income, net 488 411
Other 1,495 1,035
Total noninterest income 5,504 6,258
Noninterest Expense    
Compensation and benefits 13,051 11,897
Office occupancy 951 900
Equipment 1,994 1,730
Federal deposit insurance 197 178
Stationary, printing and office 71 75
Advertising 404 441
Professional services 398 491
Supervisory examination 162 147
Audit and accounting services 142 138
Organizational dues and subscriptions 52 50
Insurance bond premiums 187 181
Telephone and postage 160 191
Loss on foreclosed assets, net 6 30
Other 1,673 1,763
Total noninterest expense 19,448 18,212
Income Before Income Tax 7,827 7,381
Provision for Income Tax 2,043 2,034
Net Income $ 5,784 $ 5,347
Earnings Per Share:    
Basic $ 1.88 $ 1.76
Diluted 1.84 1.74
Dividends declared per common share $ 0.35 $ 0.3
Customer Service Fees [Member]    
Noninterest Income    
Noninterest income $ 347 $ 275
Other Service Charges and Fees [Member]    
Noninterest Income    
Noninterest income $ 314 $ 419