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Condensed Consolidated Balance Sheets - USD ($)
Dec. 31, 2023
Jun. 30, 2023
Assets    
Cash and due from banks $ 7,871,000 $ 10,717,000
Interest-bearing demand deposits 298,000 271,000
Cash and cash equivalents 8,169,000 10,988,000
Interest-bearing time deposits in banks 750,000 1,250,000
Available-for-sale securities 199,930,000 201,299,000
Loans, net of allowance for credit losses of $7,935 and $7,139 at December 31, 2023 and June 30, 2023, respectively 653,549,000 587,457,000
Premises and equipment, net of accumulated depreciation of $9,493 and $9,212 at December 31, 2023 and June 30, 2023, respectively 10,854,000 11,092,000
Federal Home Loan Bank stock, at cost 5,419,000 3,127,000
Foreclosed assets held for sale 7,000 31,000
Accrued interest receivable 3,758,000 2,781,000
Bank-owned life insurance 14,967,000 14,761,000
Mortgage servicing rights 1,410,000 1,482,000
Deferred income taxes 10,309,000 11,037,000
Other 1,661,000 3,671,000
Total assets 910,783,000 848,976,000
Deposits    
Demand 45,433,000 107,567,000
Savings, NOW and money market 314,547,000 344,151,000
Certificates of deposit 286,103,000 264,058,000
Brokered certificates of deposit 31,962,000 19,538,000
Total deposits 678,045,000 735,314,000
Repurchase agreements 16,040,000 10,787,000
Federal Home Loan Bank advances 98,050,000 19,500,000
Other borrowings 34,375,000 0
Advances from borrowers for taxes and insurance 1,235,000 1,233,000
Accrued post-retirement benefit obligation 2,442,000 2,431,000
Accrued interest payable 2,849,000 1,666,000
Allowance for credit losses on off-balance sheet credit exposures 56,000 216,000
Other 3,950,000 6,076,000
Total liabilities 837,042,000 777,223,000
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 December 31, 2023 and June 30, 2023 33,000 33,000
Additional paid-in capital 51,753,000 51,543,000
Unearned ESOP shares, at cost, 144,338 and 153,960 shares at December 31, 2023 and June 30, 2023, respectively (1,443,000) (1,540,000)
Retained earnings 43,377,000 43,365,000
Accumulated other comprehensive income (loss), net of tax (19,979,000) (21,648,000)
Total stockholders' equity 73,741,000 71,753,000
Total liabilities and stockholders' equity $ 910,783,000 $ 848,976,000