XML 64 R48.htm IDEA: XBRL DOCUMENT
v3.25.2

Fair Value of Assets and Liabilities (Tables) | 12 Months Ended
--- | ---
Jun. 30, 2025
Fair Value of Assets and Liabilities |
Schedule of assets and liabilities measured at fair value on a recurring basis | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  |  | ​ |  | Quoted Prices in |  | Other Observable |  | Unobservable
​ | ​ | ​ | ​ | ​ | Active Markets | ​ | Inputs | ​ | Inputs
​ |  | Total |  | (Level 1) |  | (Level 2) |  | (Level 3)
June 30, 2025 |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |
Available for sale debt securities | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
States and municipalities | ​ | $ | 449,316 | ​ | $ | — | ​ | $ | 449,316 | ​ | $ | —
Mortgage-backed | ​ |  | 858,762 | ​ |  | — | ​ |  | 858,762 | ​ |  | —
Corporate bonds | ​ |  | 3,893,201 | ​ |  | — | ​ |  | 2,283,201 | ​ |  | 1,610,000
Total assets | ​ | $ | 5,201,279 | ​ | $ | — | ​ | $ | 3,591,279 | ​ | $ | 1,610,000
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | Quoted Prices in | ​ | Other Observable | ​ | Unobservable
​ | ​ | ​ | ​ | ​ | Active Markets | ​ | Inputs | ​ | Inputs
​ |  | Total |  | (Level 1) |  | (Level 2) |  | (Level 3)
June 30, 2024 |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |
Available for sale debt securities | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
States and municipalities | ​ | $ | 685,588 | ​ | $ | — | ​ | $ | 685,588 | ​ | $ | —
Mortgage-backed | ​ |  | 1,292,907 | ​ |  | — | ​ |  | 1,292,907 | ​ |  | —
Corporate bonds | ​ |  | 4,628,266 | ​ |  | — | ​ |  | 3,168,266 | ​ |  | 1,460,000
Total assets | ​ | $ | 6,606,761 | ​ | $ | — | ​ | $ | 5,146,761 | ​ | $ | 1,460,000
Schedule of financial assets measured at fair value on a nonrecurring basis | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | June 30, |  | June 30, |  | Valuation |  | Unobservable |  | Range |
​ | ​ | 2025 | ​ | 2024 | ​ | Technique | ​ | Input | ​ | (Weighted Avg.) |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Foreclosed assets (OREO), net | ​ | $ | 996,373 | ​ | $ | 1,375,140 |  | Collateral valuation |  | Discount from market value |  | 2025:10%-75% | ​
​ | ​ |  | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | 2024:10%-75% | ​
Collateral dependent financial assets | ​ | $ | 66,645 | ​ | ​ | — | ​ | Appraisal | ​ | Discount from market value | ​ | 0% | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Schedule of available for sale debt securities measured at fair value on a recurring basis using unobservable inputs | ​
​ | ​ | ​ | ​
Balance at July 1, 2023 |  | $ | 1,580,000
​ | ​ | ​ | ​
Unrealized (losses) included in other comprehensive income (loss) | ​ | ​ | (120,000)
​ | ​ | ​ | ​
Balance at June 30, 2024 | ​ | ​ | 1,460,000
​ | ​ | ​ | ​
Unrealized (losses) included in other comprehensive income (loss) | ​ | ​ | 150,000
​ | ​ | ​ | ​
Balance at June 30, 2025 | ​ | $ | 1,610,000
Schedule of estimated fair values of financial instruments | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | June 30, 2025 | ​ | June 30, 2024 | ​
​ |  | Carrying Value |  | Fair Value |  | Carrying Value |  | Fair Value | ​
Financial Assets | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Cash and due from banks | ​ | $ | 2,242,736 | ​ | $ | 2,242,736 | ​ | $ | 2,977,438 | ​ | $ | 2,977,438 | ​
Federal funds sold | ​ | ​ | 12,143,000 | ​ | ​ | 12,143,000 | ​ | ​ | 7,495,000 | ​ | ​ | 7,495,000 | ​
Interest bearing deposits in other financial institutions | ​ |  | 237,247 | ​ |  | 237,247 | ​ |  | 199,888 | ​ |  | 199,888 | ​
Available for sale debt securities | ​ |  | 5,201,279 | ​ |  | 5,201,279 | ​ |  | 6,601,761 | ​ |  | 6,601,761 | ​
Held to maturity debt securities | ​ |  | 483,787 | ​ |  | 373,568 | ​ |  | 510,276 | ​ |  | 510,276 | ​
Loans, net | ​ |  | 200,795,706 | ​ |  | 195,176,000 | ​ |  | 183,447,633 | ​ |  | 172,191,000 | ​
Investment in restricted stock | ​ |  | 1,329,413 | ​ |  | 1,329,413 | ​ |  | 1,329,413 | ​ |  | 1,329,413 | ​
Accrued interest receivable | ​ |  | 667,686 | ​ |  | 667,686 | ​ |  | 597,768 | ​ |  | 597,768 | ​
Financial Liabilities | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​
Deposits | ​ | $ | 175,240,826 | ​ | $ | 174,732,000 | ​ | $ | 172,980,754 | ​ | $ | 156,433,000 | ​
Federal Home Loan Bank (FHLB) advances | ​ |  | 15,000,000 | ​ |  | 15,000,000 | ​ |  | 13,000,000 | ​ |  | 13,000,000 | ​
Accrued interest payable | ​ |  | 270,693 | ​ |  | 270,693 | ​ |  | 287,072 | ​ |  | 287,072 | ​

X
- Definition Tabular disclosure of input and valuation technique used to measure fair value and change in valuation approach and technique for each separate class of asset and liability measured on recurring and nonrecurring basis. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 103 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482078/820-10-55-103 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (bbb)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (bbb)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
Name: | us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 101 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482078/820-10-55-101 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-3 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
Name: | us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 11 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482907/825-10-50-11 + Details
Name: | us-gaap_FairValueByBalanceSheetGroupingTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_FairValueDisclosuresAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
Name: | us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration