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Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2022
Dec. 31, 2021
Interest and Dividend Income        
Interest and fees on loans $ 6,599 $ 5,102 $ 12,199 $ 10,385
Securities:        
Taxable 1,368 1,137 2,703 2,041
Tax-exempt 27 9 54 18
Federal Home Loan Bank dividends 39 29 70 58
Deposits with other financial institutions 73 29 158 55
Total interest and dividend income 8,106 6,306 15,184 12,557
Interest Expense        
Deposits 1,443 511 2,059 1,074
Federal Home Loan Bank advances and repurchase agreements 618 97 830 194
Line of credit and other borrowings 0 19 0 38
Total interest expense 2,061 627 2,889 1,306
Net Interest Income 6,045 5,679 12,295 11,251
Provision (Credit) for Credit Losses 101 (76) 13 (203)
Net Interest Income After Provision for Credit Losses 5,944 5,755 12,282 11,454
Noninterest Income        
Insurance commissions 203 192 376 379
Brokerage commissions 201 288 439 576
Net realized gains (losses) on sales of available-for-sale securities (183) 0 (183) 0
Mortgage banking income, net 47 142 224 235
Gain on sale of loans 34 156 76 382
Bank-owned life insurance income, net 97 66 194 305
Other 314 423 642 767
Total noninterest income 868 1,440 2,086 2,985
Noninterest Expense        
Compensation and benefits 3,083 3,186 6,211 6,209
Office occupancy 238 232 480 468
Equipment 596 482 1,162 998
Federal deposit insurance 59 50 112 96
Stationary, printing and office 34 16 55 44
Advertising 169 95 270 183
Professional services 118 124 290 229
Supervisory examinations 44 41 89 84
Audit and accounting services 43 17 94 93
Organizational dues and subscriptions 21 22 43 44
Insurance bond premiums 48 42 101 95
Telephone and postage 39 42 80 79
Gain on foreclosed assets, net 0 0 (28) (13)
Other 430 513 810 943
Total noninterest expense 4,922 4,862 9,769 9,552
Income Before Income Tax 1,890 2,333 4,599 4,887
Provision for Income Tax 486 629 1,226 1,292
Net Income $ 1,404 $ 1,704 $ 3,373 $ 3,595
Earnings Per Share:        
Basic $ 0.44 $ 0.56 $ 1.07 $ 1.17
Diluted 0.43 0.54 1.05 1.15
Dividends declared per common share $ 0 $ 0 $ 0.2 $ 0.175
Customer Service Fees [Member]        
Noninterest Income        
Noninterest income $ 98 $ 87 $ 203 $ 173
Other Service Charges and Fees [Member]        
Noninterest Income        
Noninterest income $ 57 $ 86 $ 115 $ 168