XML 21 R4.htm IDEA: XBRL DOCUMENT v3.21.2
Consolidated Statements of Operations - USD ($)
$ in Thousands
 12 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Interest income    
Loans, including fees $ 11,979 $ 12,364
Mortgage-backed securities 14 22
Other securities 3 18
Interest-bearing deposits and other 156 419
Total interest income 12,152 12,823
Interest expense    
Deposits 1,711 2,405
Borrowings 430 1,094
Total interest expense 2,141 3,499
Net interest income 10,011 9,324
Provision for loan losses 192 103
Net interest income after provision for loan losses 9,819 9,221
Non-interest income    
Earnings on bank-owned life insurance 78 76
Net gains on sales of loans 380 186
Net gain (loss) on sales of REO (19) 5
Valuation adjustment for REO (19) (36)
Net loss on sales of property (2)
Other 177 168
Total non-interest income 595 399
Non-interest expense    
Employee compensation and benefits 5,440 5,536
Data processing 647 541
Occupancy and equipment 567 568
FDIC insurance premiums 168  
Voice and data communications 109 151
Advertising 153 170
Outside service fees 179 176
Audit and accounting 158 165
Franchise and other taxes 131 259
Foreclosure and REO expense, net 66 66
Goodwill impairment 13,560
Other 624 711
Total non-interest expense 8,242 21,903
Income (loss) before income taxes 2,172 (12,283)
Income tax expense    
Current 575 128
Deferred (223) 136
Total income tax expense 352 264
NET INCOME (LOSS) $ 1,820 $ (12,547)
EARNINGS (LOSS) PER SHARE    
Basic and diluted (in Dollars per share) $ 0.22 $ (1.52)