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Condensed Financial Statements of Kentucky First Federal Bancorp (Tables)
 12 Months Ended
Jun. 30, 2020
Condensed Financial Information Disclosure [Abstract]  
Schedule of Balance Sheets
   2020   2019 
         
ASSETS        
Interest-bearing deposits in First Federal of Hazard  $1,282   $1,168 
Interest-bearing deposits in First Federal of Kentucky   167    1,057 
Other interest-bearing deposits   34    30 
Investment in First Federal of Hazard   18,314    18,366 
Investment in Frankfort First   31,257    44,740 
Prepaid expenses and other assets   883    939 
           
Total assets  $51,937   $66,300 
           
LIABILITIES AND SHAREHOLDERS’ EQUITY          
Accounts payable and other liabilities  $26   $22 
Total liabilities   26    22 
           
Shareholders’ equity   51,911    66,278 
           
Total liabilities and shareholders’ equity  $51,937   $66,300 
Schedule of Statements of Income
   2020   2019 
Income        
Interest income  $42   $54 
Dividends from First Federal of Hazard   607    740 
Equity in undistributed (excess distributed) earnings of First Federal of Hazard   (47)   (224)
Dividends from Frankfort First   576    2,499 
Equity in undistributed (excess distributed) earnings of Frankfort First   (13,459)   (1,981)
Total income   (12,281)   1,815 
           
Non-interest expenses   325    382 
           
(Loss) earnings before income taxes   (12,606)   941 
           
Federal income tax expense (benefit)   (59)   (106)
           
Net (loss) income   (12,547)   812 
Other comprehensive (loss) income, net of tax-related effects:          
Unrealized holding gains (losses) on securities designated as available for sale during the year, net of taxes (benefits) of $(1) and $1 in 2020 and 2019, respectively   (2)   4 
Comprehensive (loss) income  $(12,549)  $816 
Schedule of Statements of Cash Flows
   2020   2019 
Cash flows from operating activities:        
Net (loss) earnings for the year  $(12,547)  $812 
Adjustments to reconcile net earnings to net cash provided by operating activities:          
Excess (deficit) distributions over earnings (undistributed earnings) from consolidated subsidiaries   13,509    2,205 
Noncash compensation expense   112    1,588 
Depreciation   12    11 
Increase (decrease) in cash due to changes in:          
Prepaid expenses and other assets   68    (206)
Other liabilities   4    (10)
Net cash provided by operating activities   1,158    2,970 
           
Cash flows from investing activities:          
Additions to premises and equipment, net   --    -- 
Net cash used in investing activities   --    -- 
           
Cash flows from financing activities:          
Treasury stock purchases   (542)   (904)
Dividends paid on common stock   (1,388)   (1,436)
Net cash used in financing activities   (1,930)   (2,340)
           
Net increase (decrease) in cash and cash equivalents   (772)   630 
           
Cash and cash equivalents at beginning of year   2,255    1,625 
           
Cash and cash equivalents at end of year  $1,483   $2,255