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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash flows from operating activities:    
Net income $ 568 $ 285
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation 78 72
Accretion of purchased loan credit discount (13) (15)
Amortization of purchased loan premium 2
Amortization of deferred loan origination costs (fees) (91) 10
Amortization of premiums on investment securities 2 2
Net gain on sale of loans (162) (58)
Net (gain) loss on sale of real estate owned 11 (1)
ESOP compensation expense 36 28
Earnings on bank-owned life insurance (19) (20)
Provision for loan losses 84
Origination of loans held for sale (2,544) (1,613)
Proceeds from loans held for sale 3,923 1,303
Increase (decrease) in cash, due to changes in:    
Accrued interest receivable 81 130
Prepaid expenses and other assets (125) 70
Accrued interest payable 1 (3)
Other liabilities 296 (8)
Income taxes 84 (13)
Net cash provided by operating activities 2,126 255
Cash flows from investing activities:    
Maturities of time deposits in other financial institutions 247 988
Securities maturities, prepayments and calls:    
Held to maturity 24 32
Available for sale 2 502
Loans originated for investment, net of principal collected 4,016 (4,899)
Proceeds from sale of real estate owned 20 159
Additions to real estate owned (1)
Additions to premises and equipment, net (52) (19)
Net cash provided by (used in) investing activities 4,257 (3,238)
Cash flows from financing activities:    
Net increase in deposits 4,646 2,829
Payments by borrowers for taxes and insurance, net 124 284
Proceeds from Federal Home Loan Bank advances 500 17,900
Repayments on Federal Home Loan Bank advances (7,018) (14,223)
Treasury stock purchased (49)
Dividends paid on common stock (351) (344)
Net cash provided by (used in) financing activities (2,099) 6,397
Net increase in cash and cash equivalents 4,284 3,414
Beginning cash and cash equivalents 21,648 13,702
Ending cash and cash equivalents 25,932 17,116
Cash paid during the period for:    
Federal income taxes 100 75
Interest on deposits and borrowings 468 642
Transfers of loans to real estate owned, net 196
Loans made on sale of real estate owned