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Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Mar. 31, 2025
Mar. 31, 2024
Interest and Dividend Income        
Interest and fees on loans $ 9,214 $ 9,273 $ 28,253 $ 25,708
Securities:        
Taxable 1,245 1,364 3,764 4,124
Tax-exempt 20 23 66 74
Federal Home Loan Bank dividends 117 112 331 258
Deposits with other financial institutions 49 31 154 159
Total interest and dividend income 10,645 10,803 32,568 30,323
Interest Expense        
Deposits 4,319 4,756 13,766 12,927
Federal Home Loan Bank advances and repurchase agreements 1,093 1,392 3,215 3,620
Line of credit and other borrowings 9 396 525 546
Total interest expense 5,421 6,544 17,506 17,093
Net Interest Income 5,224 4,259 15,062 13,230
Provision (Credit) for Credit Losses (262) (390) (330) 196
Net Interest Income After Provision (Credit) for Credit Losses 5,486 4,649 15,392 13,034
Noninterest Income        
Insurance commissions 297 182 695 556
Brokerage commissions 176 166 537 485
Net realized gains (losses) on sales of available-for-sale securities 0 0 (71) 0
Mortgage banking income, net 58 126 214 218
Gain on sale of loans 55 76 224 186
Bank-owned life insurance income, net 113 112 342 318
Other 304 316 1,352 916
Total noninterest income 1,176 1,140 3,841 3,183
Noninterest Expense        
Compensation and benefits 3,447 3,081 9,699 8,929
Office occupancy 275 277 810 854
Equipment 560 549 1,707 1,688
Federal deposit insurance 118 135 374 435
Stationary, printing and office 28 18 79 48
Advertising 99 104 286 286
Professional services 111 75 410 304
Supervisory examinations 27 19 84 73
Audit and accounting services 19 21 133 127
Organizational dues and subscriptions 24 22 51 51
Insurance bond premiums 59 64 191 177
Telephone and postage 40 49 135 122
Loss (gain) on foreclosed assets, net 0 0 0 2
Other 464 424 1,350 1,297
Total noninterest expense 5,271 4,838 15,309 14,393
Income Before Income Tax 1,391 951 3,924 1,824
Provision for Income Tax 380 243 1,061 465
Net Income $ 1,011 $ 708 $ 2,863 $ 1,359
Earnings Per Share:        
Basic $ 0.31 $ 0.22 $ 0.89 $ 0.42
Diluted 0.31 0.22 0.89 0.42
Dividends declared per common share $ 0.2 $ 0.2 $ 0.4 $ 0.4
Customer Service Fees [Member]        
Noninterest Income        
Noninterest income $ 117 $ 100 $ 363 $ 309
Other Service Charges and Fees [Member]        
Noninterest Income        
Noninterest income $ 56 $ 62 $ 185 $ 195