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Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2023
Jun. 30, 2022
Assets    
Cash and due from banks $ 9,222,000 $ 74,494,000
Interest-bearing demand deposits 243,000 1,317,000
Cash and cash equivalents 9,465,000 75,811,000
Interest-bearing time deposits in banks 1,250,000 1,500,000
Available-for-sale securities 207,693,000 220,906,000
Loans, net of allowance for credit losses of $7,535 and $7,052 at March 31, 2023 and June 30, 2022, respectively 578,511,000 518,931,000
Premises and equipment, net of accumulated depreciation of $9,191 and $8,704 at March 31, 2023 and June 30, 2022, respectively 11,160,000 9,505,000
Federal Home Loan Bank stock, at cost 3,843,000 3,142,000
Foreclosed assets held for sale 0 120,000
Accrued interest receivable 2,641,000 2,023,000
Bank-owned life insurance 14,663,000 14,373,000
Mortgage servicing rights 1,472,000 1,463,000
Deferred income taxes 10,004,000 9,166,000
Other 2,266,000 618,000
Total assets 842,968,000 857,558,000
Deposits    
Demand 46,740,000 104,944,000
Savings, NOW and money market 357,920,000 396,600,000
Certificates of deposit 253,872,000 246,909,000
Brokered certificates of deposit 33,036,000 3,567,000
Total deposits 691,568,000 752,020,000
Repurchase agreements 10,764,000 9,244,000
Federal Home Loan Bank advances 56,500,000 15,000,000
Advances from borrowers for taxes and insurance 1,352,000 503,000
Accrued post-retirement benefit obligation 2,642,000 2,620,000
Accrued interest payable 961,000 176,000
Allowance for credit losses on off-balance sheet credit exposures 307,000 0
Other 5,125,000 6,337,000
Total liabilities 769,219,000 785,900,000
Commitments and Contingencies
Stockholders' Equity    
Common stock, $.01 par value per share, 100,000,000 shares authorized, 3,354,626 and 3,257,626 shares issued and outstanding at March 31, 2023 and June 30, 2022, respectively 33,000 32,000
Additional paid-in capital 51,429,000 50,342,000
Unearned ESOP shares, at cost, 158,771 and 173,205 shares at March 31, 2023 and June 30, 2022, respectively (1,588,000) (1,732,000)
Retained earnings 42,732,000 40,362,000
Accumulated other comprehensive income (loss), net of tax (18,857,000) (17,346,000)
Total stockholders' equity 73,749,000 71,658,000
Total liabilities and stockholders' equity $ 842,968,000 $ 857,558,000