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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Interest income    
Loans, including fees $ 11,312 $ 10,895
Mortgage-backed securities 41 57
Other securities 7
Interest-bearing deposits and other 533 357
Total interest income 11,886 11,316
Interest expense    
Deposits 1,402 1,018
Borrowings 759 439
Total interest expense 2,161 1,457
Net interest income 9,725 9,859
Provision for loan losses 185 242
Net interest income after provision for loan losses 9,540 9,617
Non-interest income    
Earnings on bank-owned life insurance 449 94
Net gains on sales of loans 28 23
Net gain on sales of REO 52 67
Valuation adjustment for REO (37) (171)
Net gains on sales of investments 64
Other 199 285
Total non-interest income 691 362
Non-interest expense    
Employee compensation and benefits 5,695 5,344
Occupancy and equipment 666 685
Voice and data communications 259 220
Advertising 248 245
Outside service fees 168 162
Data processing 439 396
Audit and accounting 273 305
Franchise and other taxes 246 240
Foreclosure and REO expense, net 107 111
Other 844 823
Total non-interest expense 8,945 8,531
Income before income taxes 1,286 1,448
Federal income tax expense (benefit)    
Current 239 421
Deferred (276) 92
Total federal income tax expense (benefit) (37) 513
NET INCOME $ 1,323 $ 935
EARNINGS PER SHARE    
Basic and diluted $ 0.16 $ 0.11