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Summary of Significant Accounting Policies (Tables)

12 Months Ended

Jun. 30, 2025

Summary of Significant Accounting Policies [Abstract]

Schedule of Contributed to ESOP

The amounts contributed to the ESOP were $0 for both years 2025 and 2024 and no future expense for contributions is expected.

		For the fiscal year ended
		June 30,
		2025				2024
Allocated shares			110,660				110,660
Shares committed to be released			-				-
Unearned shares			-				-
Total ESOP shares			110,660				110,660
Fair value of unearned shares at end of period		$	-			$	-

Schedule of Earnings Per Share

The factors used in the basic and diluted earnings per share computations for the fiscal years ended June 30 follow:

		For the fiscal year ended
		June 30,
		2025				2024
Net income (loss) allocated to common shareholders, basic and diluted		$	181,000			$	(1,721,000	)
EARNINGS  PER SHARE		$	0.02			$	(0.21	)
Weighted average common shares outstanding, basic and diluted			8,098,715				8,098,715

Schedule of Fair Value Measurements of Assets and Liabilities

The following table presents the fair value measurements of assets and liabilities measured at fair value on a recurring basis at June 30, 2025 and 2024. The securities represented are only those classified as available-for sale.

						Fair Value Measurements Using
						Quotes Prices in Active Markets for Identical Assets				Significant Other Observable Inputs				Significant Unobservable Inputs
(in thousands)		Fair Value				(Level 1)				(Level 2)				(Level 3)
2025
Agency mortgage-backed: residential		$	9,757			$	-			$	9,757			$	-
2024
Agency mortgage-backed: residential		$	9,648			$	-			$	9,648			$	-

Schedule of Financial Instruments

The Company’s financial instruments at June 30, 2025 and 2024 are as follows:

						Fair Value Measurements at
		Carrying				June 30, 2025 Using
(in thousands)		Value				Level 1				Level 2				Level 3				Total
Financial assets
Cash and cash equivalents		$	19,480			$	19,480											$	19,480
Available-for-sale securities			9,757							$	9,757								9,757
Held-to-maturity securities			171								171								171
Loans receivable - net			327,248											$	319,432				319,432
Federal Home Loan Bank stock			3,980																n/a
Accrued interest receivable			1,438								1,438								1,438
Financial liabilities
Deposits		$	277,563			$	77,988			$	199,603							$	277,591
Federal Home Loan Bank advances			42,760								42,837								42,837
Advances by borrowers for taxes and insurance			869								869								869
Accrued interest payable			949								949								949

						Fair Value Measurements at
		Carrying				June 30, 2024 Using
(in thousands)		Value				Level 1				Level 2				Level 3				Total
Financial assets
Cash and cash equivalents		$	18,287			$	18,287											$	18,287
Available-for-sale securities			9,648							$	9,648								9,648
Held-to-maturity securities			213								203								203
Loans receivable - net			333,025											$	318,867				318,867
Federal Home Loan Bank stock			4,230																n/a
Accrued interest receivable			1,169								1,169								1,169
Financial liabilities
Deposits		$	256,139			$	79,567			$	176,272							$	255,839
Federal Home Loan Bank advances			68,988								68,122								68,122
Advances by borrowers for taxes and insurance			909								909								909
Accrued interest payable			176								176								176

Schedule of Loans Outstanding

18. Related Party Transactions: Loans outstanding to executive officers, directors, significant shareholders and their affiliates (related parties) at June 30, 2025 and 2024 are summarized as follows:

(in thousands)		2025				2024
Outstanding principal, beginning of year		$	979			$	480
Changes in composition of related parties			-				338
Principal disbursed during the year			327				194
Principal repaid and refinanced during the year			(244	)			(33	)
Outstanding principal, end of year		$	1,062			$	979

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