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Related Party Transactions
12 Months Ended
Jun. 30, 2023
Related Party Transactions [Abstract]  
Related Party Transactions
Note 14:    Related Party Transactions
At June 30, 2023 and 2022, the Company had loans outstanding to executive officers, directors, significant members and their affiliates (related parties). Changes in loans to executive officers and directors are summarized as follows:
 
    
      2023      
    
      2022      
 
Balance, beginning of year
   $ 3,357      $ 3,223  
New loans
     50        279  
Repayments
     (609      (145
  
 
 
    
 
 
 
Balance, end of year
   $ 2,798      $ 3,357  
  
 
 
    
 
 
 
Deposits from related parties held by the Company at June 30, 2023 and 2022 totaled $2,476,000 and $2,502,000, respectively.
In management’s opinion, such loans and other extensions of credit and deposits were made in the ordinary course of business and were made on substantially the same terms (including interest rates and collateral) as those prevailing at the time for comparable transactions with other persons. Further, in management’s opinion, these loans did not involve more than normal risk of collectability or present other unfavorable features.