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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Interest Income    
Interest and fees on loans $ 26,106 $ 20,195
Securities:    
Taxable 5,359 4,296
Tax-exempt 106 51
Federal Home Loan Bank dividends 198 120
Deposits with financial institutions 303 130
Total interest and dividend income 32,072 24,792
Interest Expense    
Deposits 7,997 2,068
Federal Home Loan Bank advances and repurchase agreements 2,062 382
Line of credit and other borrowings 16 79
Total interest expense 10,075 2,529
Net Interest Income 21,997 22,263
Provision (Credit) for Credit Losses (228) 492
Net Interest Income After Provision for Credit Losses 22,225 21,771
Noninterest Income    
Insurance commissions 651 692
Brokerage commissions 773 1,131
Net realized losses on sale of available-for-sale securities (171) (275)
Mortgage banking income, net 360 797
Gain on sale of loans 172 515
Bank-owned life insurance income, net 388 488
Other 1,268 1,495
Total noninterest income 4,069 5,504
Noninterest Expense    
Compensation and benefits 12,712 13,051
Office occupancy 1,006 951
Equipment 2,499 1,994
Federal deposit insurance 333 197
Stationary, printing and office 99 71
Advertising 538 404
Professional services 459 398
Supervisory examination 173 162
Audit and accounting services 182 142
Organizational dues and subscriptions 56 52
Insurance bond premiums 206 187
Telephone and postage 163 160
Loss (gain) on sale of foreclosed assets (28) 6
Other 1,636 1,673
Total noninterest expense 20,034 19,448
Income Before Income Tax 6,260 7,827
Provision for Income Tax 1,600 2,043
Net Income $ 4,660 $ 5,784
Earnings Per Share:    
Basic $ 1.5 $ 1.88
Diluted 1.46 1.84
Dividends declared per common share $ 0.4 $ 0.35
Customer Service Fees [Member]    
Noninterest Income    
Noninterest income $ 380 $ 347
Other Service Charges and Fees [Member]    
Noninterest Income    
Noninterest income $ 248 $ 314