Loans

Schedule of changes in the allowance for loan losses


	Allowance for Credit Losses-Loans
	(Dollars in thousands)

							Provision for
							(Recovery of)
	Beginning						Credit		Ending
	Balance						Losses-		Balance
	July 1, 2024		Charge-offs		Recoveries		Loans		June 30, 2025
Commercial real estate	$	259	$	—	$	—	$	131	$	390
Commercial and industrial		16		—		—		(5)		11
Construction		28		—		—		(24)		4
One-to-four-family residential		1,314		—		—		(191)		1,123
Multi-family real estate		175		—		—		(4)		171
Consumer		5		—		5		(1)		9
Total loans	$	1,797	$	—	$	5	$	(94)	$	1,708

	Allowance for Credit Losses-Loans
	(Dollars in thousands)

	Beginning
	Balance								Provision for
	Prior to								(Recovery of)
	Adoption of		Impact of						Credit		Ending
	ASC 326		Adoption of						Losses-		Balance
	July 1, 2023		ASC 326		Charge-offs		Recoveries		Loans		June 30, 2024
Commercial real estate	$	1,196	$	(818)	$	—	$	—	$	(119)	$	259
Commercial and industrial		18		5		—		—		(7)		16
Construction		6		2		—		—		20		28
One-to-four-family residential		207		1,137		—		—		(30)		1,314
Multi-family real estate		365		(147)		—		—		(43)		175
Consumer		2		11		—		3		(11)		5
Unallocated		365		(365)		—		—		—		—
Total loans	$	2,159	$	(175)	$	—	$	3	$	(190)	$	1,797

Summary of credit quality information by loan portfolio


																	Revolving
																	Loans
															Revolving		Converted to
			2025		2024		2023		2022		2021		Prior		Loans		Term Loans		Total

		(Dollars in thousands)

Commercial real estate
	Pass	$	27,952	$	4,203	$	4,041	$	25,549	$	18,297	$	11,029	$	139	$	—	$	91,210
	Special Mention/Watch		—		—		657		—		—		—		—		—		657
	Substandard		—		—		—		—		—		—		—		—		—
	Nonaccrual		—		—		—		—		—		—		—		—		—
Total commercial real estate		$	27,952	$	4,203	$	4,698	$	25,549	$	18,297	$	11,029	$	139	$	—	$	91,867

Commercial and industrial
	Pass	$	415	$	64	$	513	$	1,125	$	1,483	$	264	$	12	$	—	$	3,876
	Special Mention/Watch		—		—		—		—		—		—		—		—		—
	Substandard		—		—		—		—		—		—		—		—		—
	Nonaccrual		—		—		—		—		—		—		—		—		—
Total commercial and industrial		$	415	$	64	$	513	$	1,125	$	1,483	$	264	$	12	$	—	$	3,876

Construction
	Pass	$	733	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	733
	Special Mention/Watch		—		—		—		—		—		—		—		—		—
	Substandard		—		—		—		—		—		—		—		—		—
	Nonaccrual		—		—		—		—		—		—		—		—		—
Total construction		$	733	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	733

Multi-family real estate
	Pass	$	5,444	$	1,617	$	7,696	$	16,275	$	13,043	$	3,193	$	46	$	—	$	47,314
	Special Mention/Watch		—		—		494		—		—		—		—		—		494
	Substandard		—		—		—		—		—		—		—		—		—
	Nonaccrual		—		—		—		—		—		—		—		—		—
Total multi-family real estate		$	5,444	$	1,617	$	8,190	$	16,275	$	13,043	$	3,193	$	46	$	—	$	47,808

One-to-four-family residential
	Performing	$	9,565	$	3,196	$	6,667	$	10,699	$	9,886	$	16,250	$	—	$	—	$	56,263
	Non-performing		—		—		—		—		—		67		—		—		67
Total one-to-four-family		$	9,565	$	3,196	$	6,667	$	10,699	$	9,886	$	16,317	$	—	$	—	$	56,330

Consumer
	Performing	$	179	$	38	$	31	$	85	$	—	$	—	$	1,624	$	—	$	1,957
	Non-performing		—		—		—		—		—		—		—		—		—
Total consumer		$	179	$	38	$	31	$	85	$	—	$	—	$	1,624	$	—	$	1,957


Total loans		$	44,288	$	9,118	$	20,099	$	53,733	$	42,709	$	30,803	$	1,821	$	—	$	202,571


																	Revolving
																	Loans
															Revolving		Converted to
			2024		2023		2022		2021		2020		Prior		Loans		Term Loans		Total

		(Dollars in thousands)

Commercial real estate
	Pass	$	4,785	$	5,096	$	25,584	$	23,385	$	8,326	$	6,823	$	317	$	—	$	74,316
	Special Mention/Watch		—		—		—		—		—		—		—		—		—
	Substandard		—		—		—		—		—		—		—		—		—
	Nonaccrual		—		—		—		—		—		—		—		—		—
Total commercial real estate		$	4,785	$	5,096	$	25,584	$	23,385	$	8,326	$	6,823	$	317	$	—	$	74,316

Commercial and industrial
	Pass	$	96	$	807	$	1,598	$	2,162	$	75	$	393	$	27	$	—	$	5,158
	Special Mention/Watch		—		—		—		—		—		—		—		—		—
	Substandard		—		—		—		—		—		—		—		—		—
	Nonaccrual		—		—		—		—		—		—		—		—		—
Total commercial and industrial		$	96	$	807	$	1,598	$	2,162	$	75	$	393	$	27	$	—	$	5,158

Construction
	Pass	$	—	$	1,313	$	—	$	—	$	—	$	—	$	—	$	—	$	1,313
	Special Mention/Watch		—		—		—		—		—		—		—		—		—
	Substandard		—		—		—		—		—		—		—		—		—
	Nonaccrual		—		—		—		—		—		—		—		—		—
Total construction		$	—	$	1,313	$	—	$	—	$	—	$	—	$	—	$	—	$	1,313

Multi-family real estate
	Pass	$	1,829	$	8,735	$	16,666	$	13,344	$	1,857	$	2,604	$	53	$	—	$	45,088
	Special Mention/Watch		—		—		—		—		—		—		—		—		—
	Substandard		—		—		—		—		—		—		—		—		—
	Nonaccrual		—		—		—		—		—		—		—		—		—
Total multi-family real estate		$	1,829	$	8,735	$	16,666	$	13,344	$	1,857	$	2,604	$	53	$	—	$	45,088

One-to-four-family residential
	Performing	$	3,345	$	11,209	$	11,459	$	13,756	$	6,035	$	12,004	$	—	$	—	$	57,808
	Non-performing		—		—		—		—		—		—		—		—		—
Total one-to-four-family		$	3,345	$	11,209	$	11,459	$	13,756	$	6,035	$	12,004	$	—	$	—	$	57,808

Consumer
	Performing	$	162	$	87	$	138	$	5	$	53	$	—	$	1,164	$	—	$	1,609
	Non-performing		—		—		—		—		—		—		—		—		—
Total consumer		$	162	$	87	$	138	$	5	$	53	$	—	$	1,164	$	—	$	1,609


Total loans		$	10,217	$	27,247	$	55,445	$	52,652	$	16,346	$	21,824	$	1,561	$	—	$	185,292

Schedule of amortized cost basis of loans on nonaccrual status and the related allowance


		Nonaccrual loans	Loans Past Due
	Without an Allowance		Over 90 Days		Interest Income
	For Credit Loss		Still Accruing		Year Ended June 30, 2025
Commercial real estate	$	—	$	—	$	—
Commercial and industrial		—		—		—
Construction		—		—		—
One-to-four-family residential		66,645		—		2,492
Multi-family real estate		—		—		—
Consumer		—		—		—
Total loans	$	66,645	$	—	$	2,492