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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash flows from operating activities:    
Net (loss) income $ 1,820 $ (12,547)
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Goodwill impairment 13,560
Depreciation 288 277
Accretion of purchased loan discount (321) (97)
Amortization of purchased loan premium 26 10
Amortization of discounts and premiums on investment securities, net 8
Amortization of deferred loan origination costs (fees) 7 85
Net gain on sale of loans (380) (186)
Valuation adjustment of REO 19 36
Net gain (loss) on real estate owned 19 (5)
ESOP compensation expense 122 112
Net gain on sale of property & equipment 2
Earnings on bank-owned life insurance (78) (76)
Provision for loan losses 192 103
Origination of loans held for sale (9,963) (5,598)
Proceeds from loans held for sale 9,703 5,117
Increase (decrease) in cash, due to changes in:    
Accrued interest receivable 136 (72)
Prepaid expenses and other assets 118 (62)
Accrued interest payable (7) (1)
Accounts payable and other liabilities 6 111
Income tax (benefit)    
Current 95 131
Deferred (223) 136
Net cash provided by operating activities 1,581 1,042
Cash flows from investing activities:    
Purchase of time deposits in other financial institutions (2,500)
Maturities of time deposits in other financial institutions 1,982 7,233
Investment securities maturities, prepayments and calls:    
Held to maturity 129 169
Available for sale 506 502
Purchase of FHLB stock (16)
Proceeds from sale of property & equipment 30
Loans originated for investment, net of principal collected (12,220) (5,228)
Proceeds from sale of real estate owned 829 292
Additions to real estate owned (1) (44)
Additions to premises and equipment, net (101) (165)
Net cash (used) provided by investing activities (8,846) 243
Cash flows from financing activities:    
Net change in deposits 14,570 16,437
Payments by borrowers for taxes and insurance, net 38 37
Proceeds from Federal Home Loan Bank advances 51,600 23,500
Repayments on Federal Home Loan Bank advances (49,442) (35,488)
Treasury stock purchases (167) (542)
Dividends paid on common stock (1,388) (1,388)
Net cash provided by financing activities 15,211 2,556
Net increase in cash and cash equivalents 7,946 3,841
Beginning cash and cash equivalents 13,702 9,861
Ending cash and cash equivalents 21,648 13,702
Cash paid during the year for:    
Federal income taxes 475
Interest on deposits and borrowings 2,148 3,500
Supplemental disclosure of noncash investing activities:    
Transfers from loans to real estate acquired through foreclosure 358 304
Loans disbursed upon sales of real estate acquired through foreclosure $ 50 $ 95