XML 110 R94.htm IDEA: XBRL DOCUMENT v3.25.2
Parent Company Only Financial Information - Parent Only Condensed Statements of Cash Flows (Details) - USD ($)
12 Months Ended
Apr. 21, 2025
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities:      
Net income (loss)   $ 42,445 $ (186,994)
Adjustments to reconcile net income to net cash used in operating activities:      
Increase in other assets   27,067 (750)
Increase in other liabilities   938,228 (243,264)
Net Cash from Operating Activities   1,448,511 416,553
Cash flows from investing activities:      
Cash received from MHC in conversion   100,000  
Net Cash provided by (used in) Investing Activities   (15,582,070) 17,710,569
Cash flows from financing activities:      
Net cash proceeds from common stock offering $ 16,900,000 15,210,356  
Exercise of stock options   13,314  
Purchase of ESOP shares   (1,354,720)  
Net Cash provided by (used in) Financing Activities   18,046,857 (19,429,772)
Net Change in Cash and Cash Equivalents   3,913,298 (1,302,650)
Cash and Cash Equivalents, Beginning of Year   10,472,438 11,775,088
Cash and Cash Equivalents, End of Year   14,385,736 10,472,438
Parent      
Cash flows from operating activities:      
Net income (loss)   42,445 (186,994)
Adjustments to reconcile net income to net cash used in operating activities:      
Equity in undistributed income (loss) of bank   (350,672) 131,287
Increase in other assets   (132,030) (11,873)
Increase in other liabilities   788 8,123
Net Cash from Operating Activities   (439,469) (59,457)
Cash flows from investing activities:      
Principal payments on loan receivable-ESOP   17,694 24,505
Cash received from MHC in conversion   100,000  
Net Cash provided by (used in) Investing Activities   117,694 24,505
Cash flows from financing activities:      
Net cash proceeds from common stock offering   15,210,356  
Exercise of stock options   13,314  
Distribution to bank subsidiary   (7,705,179)  
Purchase of ESOP shares   (1,354,720)  
Purchase and retirement of treasury stock   (82,165) (156,220)
Advance from (repayment of) advance from subsidiary bank   (1,870,281) 191,172
Net Cash provided by (used in) Financing Activities   4,211,325 34,952
Net Change in Cash and Cash Equivalents   3,889,550  
Cash and Cash Equivalents, Beginning of Year   3,374,104 3,374,104
Cash and Cash Equivalents, End of Year   $ 7,263,654 $ 3,374,104