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Consolidated Statements of Income (Loss) - USD ($)
12 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Interest Income    
Loans, including fees $ 8,648,835 $ 8,637,410
Debt securities 168,587 214,056
Other 733,458 579,115
Total interest income 9,550,880 9,430,581
Interest Expense    
Deposits 3,039,593 2,942,288
Borrowings and other 468,706 648,430
Total interest expense 3,508,299 3,590,718
Net Interest Income 6,042,581 5,839,863
Provision for (Recovery of) Credit Losses (93,833) (190,000)
Net Interest Income After Provision for (Recovery of) Credit Losses 6,136,414 6,029,863
Non-Interest Income    
Service charges on deposit accounts 114,155 125,175
Mortgage banking income 291,416 325,530
Increase in cash value of life insurance 269,888 248,587
Other income 73,461 26,732
Total non-interest income 748,920 726,024
Non-Interest Expenses    
Salaries and employee benefits 3,645,754 3,082,201
Occupancy and equipment expenses 915,109 857,613
Data processing and office 450,058 448,520
Professional fees 700,730 754,806
Marketing expenses 42,183 61,234
FDIC insurance premiums 95,799 127,000
Directors fees 108,235 108,235
Foreclosed assets, net 429,128 1,034,592
Other expenses 487,448 527,788
Total non-interest expenses 6,874,444 7,001,989
Income (Loss) Before Income Taxes (Benefit) 10,890 (246,102)
Provision for (Benefit from) Income Taxes (31,555) (59,108)
Net Income (Loss) $ 42,445 $ (186,994)
Net income (loss) per common share-basic [1] $ 0.02 $ (0.07)
Net income (loss) per common share-diluted [1] $ 0.02 $ (0.07)
Weighted average number of common shares outstanding-basic [1] 2,763,875 2,803,642
Weighted average number of common shares outstanding-diluted [1] 2,763,875 2,803,642
[1] Share amounts related to periods prior to the April 21, 2025 closing of the conversion offering have been restated to give retroactive recognition to the 1.3728 exchange ratio applied in the conversion offering (See Note 1).