XML 15 R4.htm IDEA: XBRL DOCUMENT v3.25.0.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2024
Dec. 31, 2023
Interest income        
Loans, including fees $ 4,437 $ 3,628 $ 8,702 $ 7,087
Mortgage-backed securities 76 92 157 191
Interest-bearing deposits and other 271 207 544 383
Total interest income 4,784 3,927 9,403 7,661
Interest expense        
Interest-bearing demand deposits 9 8 18 16
Savings 50 55 100 112
Certificates of Deposit 1,936 1,445 3,812 2,595
Deposits 1,995 1,508 3,930 2,723
Borrowings 751 762 1,566 1,610
Total interest expense 2,746 2,270 5,496 4,333
Net interest income 2,038 1,657 3,907 3,328
Provision for credit losses 9 15 15
Net interest income after provision for credit losses 2,038 1,648 3,892 3,313
Non-interest income        
Earnings on bank-owned life insurance 22 21 43 42
Net gain on sales of loans 81 7 141 6
Net gain on sales of real estate owned 5 5 4
Other 63 18 119 69
Total non-interest income 171 46 308 121
Non-interest expense        
Employee compensation and benefits 1,211 1,273 2,396 2,515
Data processing 107 147 271 280
Occupancy and equipment 136 147 273 289
FDIC insurance premiums 75 72 138 107
Voice and data communications 32 19 66 57
Advertising 49 49 91 88
Outside service fees 155 135 225 213
Auditing and accounting 86 107 167 172
Regulatory assessments 23 15 46 32
Foreclosure and real estate owned expenses (net) 19 20 41 43
Franchise and other taxes 42 20 70 53
Other 268 145 431 283
Total non-interest expense 2,203 2,149 4,215 4,132
Income (loss) before income taxes 6 (455) (15) (698)
Income tax (benefit) (7) (94) (13) (162)
NET INCOME (LOSS) $ 13 $ (361) $ (2) $ (536)
EARNINGS PER SHARE        
Basic (in Dollars per share) $ 0 $ (0.05) $ 0 $ (0.07)
Diluted (in Dollars per share) 0 (0.05) 0 (0.07)
DIVIDENDS PER SHARE (in Dollars per share) $ 0 $ 0.1 $ 0 $ 0.1