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Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2023
Jun. 30, 2023
Assets    
Cash and due from banks $ 13,425,000 $ 10,717,000
Interest-bearing demand deposits 157,000 271,000
Cash and cash equivalents 13,582,000 10,988,000
Interest-bearing time deposits in banks 1,250,000 1,250,000
Available-for-sale securities 191,112,000 201,299,000
Loans, net of allowance for credit losses of $7,450 and $7,139 at September 30, 2023 and June 30, 2023, respectively 614,598,000 587,457,000
Premises and equipment, net of accumulated depreciation of $9,359 and $9,212 at September 30, 2023 and June 30, 2023, respectively 11,008,000 11,092,000
Federal Home Loan Bank stock, at cost 4,764,000 3,127,000
Foreclosed assets held for sale, net 31,000 31,000
Accrued interest receivable 3,223,000 2,781,000
Bank-owned life insurance 14,862,000 14,761,000
Mortgage servicing rights 1,540,000 1,482,000
Deferred income taxes 12,962,000 11,037,000
Other 1,763,000 3,671,000
Total assets 870,695,000 848,976,000
Deposits    
Demand 42,722,000 107,567,000
Savings, NOW and money market 347,552,000 344,151,000
Certificates of deposit 270,295,000 264,058,000
Brokered certificates of deposit 26,579,000 19,538,000
Total deposits 687,148,000 735,314,000
Repurchase agreements 16,038,000 10,787,000
Federal Home Loan Bank advances 90,500,000 19,500,000
Advances from borrowers for taxes and insurance 779,000 1,233,000
Accrued post-retirement benefit obligation 2,437,000 2,431,000
Accrued interest payable 2,737,000 1,666,000
Allowance for credit losses on off-balance sheet credit exposures 129,000 216,000
Other 4,336,000 6,076,000
Total liabilities 804,104,000 777,223,000
Commitments and Contingencies
Stockholders' Equity    
Common stock, $.01 par value per share, 100,000,000 shares authorized, 3,354,626 shares issued and outstanding at both September 30, 2023 and June 30, 2023 33,000 33,000
Additional paid-in capital 51,657,000 51,543,000
Unearned ESOP shares, at cost, 149,149 and 153,960 shares at September 30, 2023 and June 30, 2023, respectively (1,491,000) (1,540,000)
Retained earnings 43,159,000 43,365,000
Accumulated other comprehensive income (loss), net of tax (26,767,000) (21,648,000)
Total stockholders' equity 66,591,000 71,753,000
Total liabilities and stockholders' equity $ 870,695,000 $ 848,976,000