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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash flows from operating activities:    
Net income (loss) $ (175) $ 373
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation 59 68
Accretion of purchased loan credit discount (11) (12)
Amortization of deferred loan origination costs (fees) (3) (7)
Amortization of premiums on investment securities (5) (6)
Net (gain) loss on sale of loans 1 (7)
Net (gain) loss on sale of other real estate   (10)
Net (gain) loss on sale of real estate owned (4)  
ESOP compensation expense   3
Earnings on bank-owned life insurance (21) (20)
Provision for credit losses 6 113
Origination of loans held for sale (512) (157)
Proceeds from loans held for sale 231 316
Deferred income taxes (91) (124)
Increase (decrease) in cash, due to changes in:    
Accrued interest receivable (101) (150)
Prepaid expenses and other assets (119) 7
Accrued interest payable 94 (1)
Other liabilities 81 50
Net cash provided by (used in) operating activities (570) 436
Cash flows from investing activities:    
Purchase of investments available for sale   (4,974)
Securities maturities, prepayments and calls:    
Held to maturity 16 17
Available for sale 674 735
Proceeds from redemption of FHLB stock 592 1,549
Proceeds from sale of other real estate   180
Loans originated for investment, net of principal collected (4,870) (18,170)
Proceeds from sale of real estate owned 64  
Additions to premises and equipment, net (21) (69)
Net cash used in investing activities (3,545) (20,732)
Cash flows from financing activities:    
Net increase (decrease) in deposits 26,050 (13,565)
Payments by borrowers for taxes and insurance, net 330 329
Proceeds from Federal Home Loan Bank advances 16,100 70,500
Repayments on Federal Home Loan Bank advances (33,611) (53,814)
Dividends paid on common stock (335) (342)
Net cash provided by (used in) financing activities 8,534 3,108
Net increase (decrease) in cash and cash equivalents 4,419 (17,188)
Beginning cash and cash equivalents 8,167 25,823
Ending cash and cash equivalents 12,586 8,635
Cash paid during the period for:    
Income taxes 125 200
Interest on deposits and borrowings $ 1,970 $ 454