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Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2022
Jun. 30, 2022
Assets    
Cash and due from banks $ 10,307,000 $ 74,494,000
Interest-bearing demand deposits 1,079,000 1,317,000
Cash and cash equivalents 11,386,000 75,811,000
Interest-bearing time deposits in banks 1,500,000 1,500,000
Available-for-sale securities 206,619,000 220,906,000
Loans, net of allowance for credit losses of $7,023 and $7,052 at September 30, 2022 and June 30, 2022, respectively 544,107,000 518,931,000
Premises and equipment, net of accumulated depreciation of $8,870 and $8,704 at September 30, 2022 and June 30, 2022, respectively 9,367,000 9,505,000
Federal Home Loan Bank stock, at cost 3,340,000 3,142,000
Foreclosed assets held for sale, net 0 120,000
Accrued interest receivable 2,329,000 2,023,000
Bank-owned life insurance 14,470,000 14,373,000
Mortgage servicing rights 1,553,000 1,463,000
Deferred income taxes 11,526,000 9,166,000
Other 671,000 618,000
Total assets 806,868,000 857,558,000
Deposits    
Demand 54,476,000 104,944,000
Savings, NOW and money market 363,898,000 396,600,000
Certificates of deposit 230,462,000 246,909,000
Brokered certificates of deposit 8,569,000 3,567,000
Total deposits 657,405,000 752,020,000
Repurchase agreements 9,720,000 9,244,000
Federal Home Loan Bank advances 63,000,000 15,000,000
Advances from borrowers for taxes and insurance 782,000 503,000
Accrued post-retirement benefit obligation 2,627,000 2,620,000
Accrued interest payable 207,000 176,000
Allowance for credit losses on off-balance sheet credit exposures 476,000 0
Other 5,172,000 6,337,000
Total liabilities 739,389,000 785,900,000
Commitments and Contingencies
Stockholders' Equity    
Common stock, $.01 par value per share, 100,000,000 shares authorized, 3,337,626 and 3,257,626 shares issued and outstanding at September 30, 2022 and June 30, 2022, respectively 33,000 32,000
Additional paid-in capital 50,889,000 50,342,000
Unearned ESOP shares, at cost, 168,394 and 173,205 shares at September 30, 2022 and June 30, 2022, respectively (1,684,000) (1,732,000)
Retained earnings 41,276,000 40,362,000
Accumulated other comprehensive loss, net of tax (23,035,000) (17,346,000)
Total stockholders' equity 67,479,000 71,658,000
Total liabilities and stockholders' equity $ 806,868,000 $ 857,558,000