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Loans (Tables)

12 Months Ended

Jun. 30, 2021

Receivables [Abstract]

Schedule of loan portfolio

(in thousands)		2021				2020
Residential real estate
One- to four-family		$	224,125			$	222,489
Multi-family			19,781				12,373
Construction			5,433				4,045
Land			1,308				765
Farm			2,234				2,354
Nonresidential real estate			35,492				33,503
Commercial and industrial			2,259				2,214
Consumer and other
Loans on deposits			1,129				1,245
Home equity			7,135				7,645
Automobile			75				67
Unsecured			553				675
			299,524				287,375
Allowance for loan losses			(1,622	)			(1,488	)
		$	297,902			$	285,887

Schedule of allowance for loan losses and the investment in loans by portfolio

June 30, 2021:
(in thousands)		Loans individually evaluated				Loans acquired with deteriorated credit quality*				Ending loans balance				Ending allowance attributed to loans
Loans individually evaluated for impairment:
Residential real estate:
One- to four-family		$	3,738			$	595			$	4,333			$	--
Multi-family			646				--				646				--
Farm			274				--				274				--
Nonresidential real estate			1,367				--				1,367				--
Consumer and other:
Unsecured			16				--				16				--
			6,041				595				6,636				--
Loans collectively evaluated for impairment:
Residential real estate:
One- to four-family										$	219,792			$	794
Multi-family											19,135				291
Construction											5,433				12
Land											1,308				3
Farm											1,960				5
Nonresidential real estate											34,125				494
Commercial and industrial											2,259				5
Consumer and other:
Loans on deposits											1,129				2
Home equity											7,135				15
Automobile											75				--
Unsecured											537				1
											292,888				1,622
										$	299,524			$	1,622

* These loans were evaluated at acquisition date at their estimated fair value and there has been no subsequent deterioration since acquisition.

June 30, 2020:
(in thousands)		Loans individually evaluated				Loans acquired with deteriorated credit quality*				Ending loans balance				Ending allowance attributed to loans				Unallocated allowance				Total allowance
Loans individually evaluated for impairment:
Residential real estate:
One- to four-family		$	3,983			$	751			$	4,734			$	--			$	--			$	--
Multi-family			671				--				671				--				--				--
Construction			63				--				63				--				--				--
Farm			309				--				309				--				--				--
Nonresidential real estate			660				--				660				--				--				--
			5,686				751				6,437				--				--				--
Loans collectively evaluated for impairment:
Residential real estate:
One- to four-family										$	217,755			$	671			$	--			$	671
Multi-family											11,702				184				--				184
Construction											3,982				6				--				6
Land											765				1				--				1
Farm											2,045				4				--				4
Nonresidential real estate											32,843				405				--				405
Commercial and industrial											2,214				3				--				3
Consumer and other
Loans on deposits											1,245				2				--				2
Home equity											7,645				11				--				11
Automobile											67				--				--				--
Unsecured											675				1				--				1
Unallocated											--				--				200				200
											280,938				1,288				200				1,488
										$	287,375			$	1,288			$	200			$	1,488

Schedule of impaired loans by class of loans

(in thousands)		Unpaid Principal Balance and Recorded Investment				Allowance for Loan Losses Allocated				Average Recorded Investment				Interest Income Recognized				Cash Basis Income Recognized
With no related allowance recorded:
Residential real estate:
One- to four-family		$	4,333			$	--			$	4,534			$	107			$	107
Multi-family			646				--				659				24				24
Construction			--				--				32				--				--
Farm			274				--				292				35				35
Nonresidential real estate			1,367				--				1,014				60				60
Consumer and other:
Unsecured			16				--				8				1				1
Total		$	6,636			$	--			$	6,537			$	227			$	227

June 30, 2020:
(in thousands)		Unpaid Principal Balance and Recorded Investment				Allowance for Loan Losses Allocated				Average Recorded Investment				Interest Income Recognized				Cash Basis Income Recognized
With no related allowance recorded:
Residential real estate:
One- to four-family		$	4,734			$	--			$	4,713			$	172			$	172
Multi-family			671				--				679				32				32
Construction			63				--				13				--				--
Farm			309				--				309				11				11
Nonresidential real estate			660				--				701				47				47
Total		$	6,437			$	--			$	6,415			$	262			$	262

Schedule of principal balance outstanding in past due loans

		June 30, 2021								June 30, 2020
(in thousands)		Nonaccrual				Loans Past Due Over 90 Days Still Accruing				Nonaccrual				Loans Past Due Over 90 Days Still Accruing
Residential real estate:
One- to four-family		$	4,104			$	243			$	4,458			$	1,135
Multi-family			646				--				671				--
Construction			--				--				63				--
Farm			274				--				309				--
Nonresidential real estate			1,367				--				660				--
Commercial and industrial			--				--				4				--
Consumer			21				--				95				--
		$	6,412			$	243			$	6,260			$	1,135

Schedule of principal balance outstanding in past due loans

(in thousands)		30-89 Days Past Due				Greater than 90 Days Past Due				Total Past Due				Loans Not Past Due				Total
Residential real estate:
One-to four-family		$	2,392			$	1,338			$	3,730			$	220,395			$	224,125
Multi-family			--				--				--				19,781				19,781
Construction			80				--				80				5,353				5,433
Land			--				--				--				1,308				1,308
Farm			101				--				101				2,133				2,234
Nonresidential real estate			--				241				241				35,251				35,492
Commercial and industrial			6				--				6				2,253				2,259
Consumer and other:
Loans on deposits			--				--				--				1,129				1,129
Home equity			116				--				116				7,019				7,135
Automobile			--				--				--				75				75
Unsecured			4				--				4				549				553
Total		$	2,699			$	1,579			$	4,278			$	295,246			$	299,524

(in thousands)		30-89 Days Past Due				Greater than 90 Days Past Due				Total Past Due				Loans Not Past Due				Total
Residential real estate:
One-to four-family		$	2,546			$	2,670			$	5,216			$	217,273			$	222,489
Multi-family			--				--				--				12,373				12,373
Construction			192				63				255				3,790				4,045
Land			--				--				--				765				765
Farm			107				309				416				1,938				2,354
Nonresidential real estate			57				253				310				33,193				33,503
Commercial and industrial			--				--				--				2,214				2,214
Consumer and other:
Loans on deposits			--				--				--				1,245				1,245
Home equity			255				90				345				7,300				7,645
Automobile			--				--				--				67				67
Unsecured			--				--				--				675				675
Total		$	3,157			$	3,385			$	6,542			$	280,833			$	287,375

Schedule of analysis performed, the risk category of loans by class of loans

(in thousands)		Pass				Special Mention				Substandard				Doubtful
Residential real estate:
One- to four-family		$	217,485			$	596			$	6,044			$	--
Multi-family			19,135				--				646				--
Construction			5,433				--				--				--
Land			1,308				--				--				--
Farm			1,960				--				274				--
Nonresidential real estate			32,748				924				1,820				--
Commercial and industrial			2,259				--				--				--
Consumer and other:
Loans on deposits			1,129				--				--				--
Home equity			7,044				39				52				--
Automobile			75				--				--				--
Unsecured			546				--				7				--
Total		$	289,122			$	1,559			$	8,843			$	--

(in thousands)		Pass				Special Mention				Substandard				Doubtful
Residential real estate:
One- to four-family		$	215,010			$	742			$	6,737			$	--
Multi-family			11,702				--				671				--
Construction			3,982				--				63				--
Land			765				--				--				--
Farm			2,045				--				309				--
Nonresidential real estate			31,529				939				1,035				--
Commercial and industrial			2,188				--				26				--
Consumer and other:
Loans on deposits			1,245				--				--				--
Home equity			7,505				39				101				--
Automobile			67				--				--				--
Unsecured			670				--				5				--
Total		$	276,708			$	1,720			$	8,947			$	--

Schedule of allowance for loan losses by portfolio segment

(in thousands)		Beginning balance				Provision for loan losses				Loans charged off				Recoveries				Ending balance
Residential real estate:
One- to four-family		$	671			$	146			$	(23	)		$	--			$	794
Multi-family			184				107				--				--				291
Construction			6				6				--				--				12
Land			1				2				--				--				3
Farm			4				1				--				--				5
Nonresidential real estate			405				89				--				--				494
Commercial and industrial			3				2				--				--				5
Consumer and other:
Loans on deposits			2				--				--				--				2
Home equity			11				42				(45	)			7				15
Auto			--				--				--				--				--
Unsecured			1				(3	)			--				3				1
Unallocated			200				(200	)			--				--				--
Totals		$	1,488			$	192			$	(68	)		$	10			$	1,622

(in thousands)		Beginning balance				Provision for loan losses				Loans charged off				Recoveries				Ending balance
Residential real estate:
One- to four-family		$	685			$	49			$	(65	)		$	2			$	671
Multi-family			200				(16	)			--				--				184
Construction			6				--				--				--				6
Land			1				--				--				--				1
Farm			6				(2	)			--				--				4
Nonresidential real estate			336				69				--				--				405
Commercial and industrial			5				(2	)			--				--				3
Consumer and other:
Loans on deposits			3				(1	)			--				--				2
Home equity			14				(3	)			--				--				11
Auto			--				8				(8	)			--				--
Unsecured			--				1				--				--				1
Unallocated			200				--				--				--				200
Totals		$	1,456			$	103			$	(73	)		$	2			$	1,488

Schedule of purchased credit impaired loans

(in thousands)		2021				2020
Residential real estate:
One- to four-family		$	595			$	751

Schedule of accretable yield, or income expected to be collected

(in thousands)		2021				2020
Balance at beginning of year		$	447			$	544
Accretion of income			(57	)			(97	)
Balance at end of year		$	390			$	447

X

- Definition

The tabular disclosure of the aggregate excess of a loan's cash flows expected to be collected over the investor's initial investment in the loan for loans accounted for as debt securities, with evidence of deterioration of credit quality since origination that were acquired by completion of a transfer for which it is probable, at acquisition, that the investor will be unable to collect all contractually required payments receivable.

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The entire tabular disclosure of the undiscounted sum of all amounts, including amounts deemed principal, interest, fees, penalties, and other under the loan, owed to the investor at the reporting date.

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Tabular disclosure of allowance for credit loss on financing receivable.

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Tabular disclosure of financing receivables by credit quality indicator. The credit quality indicator is a statistic about the credit quality of financing receivables. Examples include, but not limited to, consumer credit risk scores, credit-rating-agency ratings, an entity's internal credit risk grades, loan-to-value ratios, collateral, collection experience and other internal metrics.

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