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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Interest income    
Loans, including fees $ 4,265 $ 3,459
Mortgage-backed securities 81 99
Interest-bearing deposits and other 274 176
Total interest income 4,620 3,734
Interest expense    
Interest-bearing demand deposits 9 8
Savings 50 57
Certificates of deposit 1,876 1,151
Deposits 1,935 1,216
Borrowings 815 848
Total interest expense 2,750 2,064
Net interest income 1,870 1,670
Provision for credit losses 15 6
Net interest income after provision for credit losses 1,855 1,664
Non-interest income    
Earnings on bank-owned life insurance 22 21
Net gain (loss) on sales of loans 60 (1)
Net gain on sale of other real estate owned
Net gain on sale of real estate owned 4
Other 55 50
Total non-interest income 137 74
Non-interest expense    
Employee compensation and benefits 1,186 1,242
Data processing 164 133
Occupancy and equipment 137 142
FDIC insurance premiums 63 35
Voice and data communications 34 38
Advertising 42 39
Outside service fees 70 78
Auditing and accounting 80 65
Regulatory assessments 23 17
Foreclosure and real estate owned expenses (net) 21 23
Franchise and other taxes 28 33
Other 165 137
Total non-interest expense 2,013 1,982
Loss before income taxes (21) (244)
Income tax benefit (6) (69)
NET LOSS $ (15) $ (175)
LOSS PER SHARE    
Basic (in Dollars per share) $ 0 $ (0.02)
Diluted (in Dollars per share) 0 (0.02)
DIVIDENDS PER SHARE (in Dollars per share) $ 0 $ 0.1