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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Interest Income    
Interest and fees on loans $ 34,826 $ 26,106
Securities    
Taxable 5,445 5,359
Tax-exempt 97 106
Federal Home Loan Bank dividends 378 198
Deposits with financial institutions 238 303
Total interest and dividend income 40,984 32,072
Interest Expense    
Deposits 17,653 7,997
Federal Home Loan Bank advances and repurchase agreements 4,752 2,062
Line of credit and other borrowings 850 16
Total interest expense 23,255 10,075
Net Interest Income 17,729 21,997
Provision (Credit) for Credit Losses 32 (228)
Net Interest Income After Provision (Credit) for Credit Losses 17,697 22,225
Noninterest Income    
Insurance commissions 745 651
Brokerage commissions 650 773
Net realized losses on sale of available-for-sale securities 0 (171)
Mortgage banking income, net 338 360
Gain on sale of loans 266 172
Bank-owned life insurance income, net 506 388
Other 1,207 1,268
Total noninterest income 4,386 4,069
Noninterest Expense    
Compensation and benefits 12,012 12,712
Office occupancy 1,036 1,006
Equipment 2,185 2,499
Federal deposit insurance 574 333
Stationary, printing and office 58 99
Advertising 409 538
Professional services 426 459
Supervisory examination 101 173
Audit and accounting services 175 182
Organizational dues and subscriptions 55 56
Insurance bond premiums 235 206
Telephone and postage 157 163
Loss (gain) on sale of foreclosed assets 1 (28)
Other 2,304 1,636
Total noninterest expense 19,728 20,034
Income Before Income Tax 2,355 6,260
Provision for Income Taxes 565 1,600
Net Income $ 1,790 $ 4,660
Earnings Per Share:    
Basic $ 0.57 $ 1.5
Diluted 0.57 1.46
Dividends Paid Per Share $ 0.4 $ 0.4
Customer Service Fees [Member]    
Noninterest Income    
Noninterest income $ 416 $ 380
Other Service Charges and Fees [Member]    
Noninterest Income    
Noninterest income $ 258 $ 248