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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Interest income    
Loans, including fees $ 2,644 $ 2,934
Mortgage-backed securities 114 3
Interest-bearing deposits and other 127 37
Total interest income 2,885 2,974
Interest expense    
Interest-bearing demand deposits 11 9
Savings 102 68
Certificates of deposit 237 291
Deposits 350 368
Borrowings 103 101
Total interest expense 453 469
Net interest income 2,432 2,505
Provision for loan losses 113
Net interest income after provision for loan losses 2,319 2,505
Non-interest income    
Earnings on bank-owned life insurance 20 19
Net gain on sales of loans 7 162
Net gain on sale of other real estate owned 10
Net loss on sales of real estate owned (11)
Other 61 58
Total non-interest income 98 228
Non-interest expense    
Employee compensation and benefits 1,194 1,342
Data processing 106 121
Occupancy and equipment 154 151
FDIC insurance premiums 21 4
Voice and data communications 34 32
Advertising 32 43
Outside service fees 58 27
Auditing and accounting 81 54
Regulatory assessments 25 26
Foreclosure and real estate owned expenses (net) 24 6
Franchise and other taxes 37 1
Other 162 174
Total non-interest expense 1,928 1,981
Income before income taxes 489 752
Income tax expense 116 184
NET INCOME $ 373 $ 568
EARNINGS PER SHARE    
Basic and diluted (in Dollars per share) $ 0.05 $ 0.07
DIVIDENDS PER SHARE (in Dollars per share) $ 0.1 $ 0.1