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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities:    
Net income $ 722 $ 512
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation 205 220
Accretion of purchased loan credit discount (83) (61)
Amortization of purchased loan premium 8 9
Amortization of deferred loan origination costs (fees) 70 56
Amortization of premiums on investment securities 6 6
Net gain on sale of loans (75) (29)
Net gain on sale of real estate owned (6) (7)
Valuation adjustments of real estate owned 36 54
ESOP compensation expense 82 111
Earnings on bank-owned life insurance (58) (56)
Provision for loan losses 64 11
Origination of loans held for sale (2,655) (821)
Proceeds from loans held for sale 2,170 850
Increase (decrease) in cash, due to changes in:    
Accrued interest receivable 46 (39)
Prepaid expenses and other assets 135 109
Accrued interest payable 5 7
Other liabilities 99 (152)
Federal income taxes 180 15
Net cash provided by operating activities 951 795
Cash flows from investing activities:    
Purchase of available-for-sale securities (501)
Purchase of time deposits in other financial institutions (2,500) (1,486)
Maturities of time deposits in other financial institutions 6,739 2,226
Securities maturities, prepayments and calls:    
Held to maturity 144 187
Available for sale 500 4
Purchase of FHLB stock (16)
Loans originated for investment, net of principal collected 2,062 (1,423)
Proceeds from sale of real estate owned 180 80
Additions to real estate owned (39) (98)
Additions to premises and equipment, net (156) (55)
Net cash provided by (used in) investing activities 6,914 (1,066)
Cash flows from financing activities:    
Net increase (decrease) in deposits 12,719 (417)
Payments by borrowers for taxes and insurance, net (246) (287)
Proceeds from Federal Home Loan Bank advances 13,800 23,200
Repayments on Federal Home Loan Bank advances (25,461) (20,214)
Treasury stock purchased (475) (674)
Dividends paid on common stock (1,038) (1,087)
Net cash provided by (used in) financing activities (701) 521
Net increase in cash and cash equivalents 7,164 250
Beginning cash and cash equivalents 9,861 9,943
Ending cash and cash equivalents 17,025 10,193
Cash paid during the period for:    
Federal income taxes 100
Interest on deposits and borrowings 2,746 2,335
Transfers of loans to real estate owned, net 304 262
Loans made on sale of real estate owned $ 95 $ 214