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Consolidated Statements of Changes in Shareholders’ Equity - USD ($)
$ in Thousands
Common stock
Additional paid-in capital
Retained earnings
Unearned employee stock ownership plan (ESOP)
Treasury shares
Accumulated other comprehensive income
Total
Balance at Jun. 30, 2018 $ 86 $ 35,085 $ 34,050 $ (663) $ (1,355) $ 67,203
Net income (loss)   812 812
Allocation of ESOP shares   (29) 187 158
Acquisition of shares for treasury   (904) (904)
Change in accounting method   441 441
Other Comprehensive Income (loss)   4 4
Cash dividends of $0.40 per common share   (1,436) (1,436)
Balance at Jun. 30, 2019 86 35,056 33,867 (476) (2,259) 4 66,278
Net income (loss)   (12,547) (12,547)
Allocation of ESOP shares   (75) 187 112
Acquisition of shares for treasury   (542) (542)
Other Comprehensive Income (loss)   (2) (2)
Cash dividends of $0.40 per common share   (1,388) (1,388)
Balance at Jun. 30, 2020 $ 86 $ 34,981 $ 19,932 $ (289) $ (2,801) $ 2 $ 51,911