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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Jun. 30, 2023
Assets    
Cash and due from banks $ 9,276 $ 10,717
Interest-bearing demand deposits 295 271
Cash and cash equivalents 9,571 10,988
Interest-bearing time deposits in banks 250 1,250
Available-for-sale securities 190,475 201,299
Loans, net of allowance for credit losses of $7,499 and $7,139 at June 30, 2024 and 2023, respectively 639,297 587,457
Premises and equipment, net of accumulated depreciation of $9,196 and $9,212 at June 30, 2024 and 2023, respectively 10,580 11,092
Federal Home Loan Bank stock, at cost 4,499 3,127
Foreclosed assets held for sale 0 31
Accrued interest receivable 3,457 2,781
Bank-owned life insurance 14,892 14,761
Mortgage servicing rights 1,491 1,482
Deferred income taxes 10,483 11,037
Other 2,750 3,671
Total assets 887,745 848,976
Deposits    
Demand 103,314 107,567
Savings, NOW and money market 304,230 344,151
Certificates of deposit 290,633 264,058
Brokered certificates of deposit 29,000 19,538
Total deposits 727,177 735,314
Repurchase agreements 17,772 10,787
Federal Home Loan Bank advances 32,999 19,500
Other borrowings 25,250 0
Advances from borrowers for taxes and insurance 968 1,233
Accrued post-retirement benefit obligation 2,256 2,431
Accrued interest payable 3,009 1,666
Allowance for credit losses on off-balance sheet credit exposure 98 216
Other 4,300 6,076
Total liabilities 813,829 777,223
Commitments and Contingencies
Stockholders' Equity    
Common stock, $.01 par value, 100,000,000 shares authorized, 3,353,026 and 3,354,626 shares issued and outstanding at June 30, 2024 and 2023, respectively 33 33
Additional paid-in capital 51,913 51,543
Unearned ESOP shares, at cost, 134,715 and 153,960 shares at June 30, 2024 and 2023, respectively (1,347) (1,540)
Retained earnings 43,876 43,365
Accumulated other comprehensive loss, net of tax (20,559) (21,648)
Total stockholders' equity 73,916 71,753
Total liabilities and stockholders' equity $ 887,745 $ 848,976