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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2025
Jun. 30, 2025
ASSETS    
Cash and due from financial institutions $ 1,855 $ 2,342
Fed funds sold 2,104 8,577
Interest-bearing demand deposits 10,666 8,561
Cash and cash equivalents 14,625 19,480
Securities available-for-sale- at fair value 11,727 9,757
Securities held-to-maturity, at amortized cost-approximate fair value of $159 and $167 at September 30, 2025 and June 30, 2025, respectively 161 171
Loans held for sale 305 877
Loans, net of allowance for credit losses of $2,166 and $2,170 at September 30, 2025 and June 30, 2025, respectively 326,450 327,248
Office premises and equipment - at depreciated cost 4,168 4,211
Federal Home Loan Bank stock - at cost 3,441 3,980
Accrued interest receivable 1,435 1,438
Bank-owned life insurance 3,023 3,001
Prepaid expenses and other assets 1,157 1,048
Total assets 366,492 371,211
LIABILITIES AND SHAREHOLDERS’ EQUITY    
Savings 43,918 48,616
Certificates of deposit 196,061 199,575
Demand deposit accounts 31,436 29,372
Deposits 271,415 277,563
Federal Home Loan Bank advances 43,784 42,760
Advances by borrowers for taxes and insurance 1,190 869
Accrued interest payable 396 949
Accrued Income Taxes 14 63
Deferred income taxes 61 30
Other liabilities 853 608
Total liabilities 317,713 322,842
Shareholders’ equity    
Preferred stock, 500,000 shares authorized, $.01 par value; no shares issued
Common stock, 20,000,000 shares authorized, $.01 par value; 8,596,064 shares issued 86 86
Additional paid-in capital 34,891 34,891
Retained earnings - restricted 17,850 17,506
Treasury shares at cost, 509,349 common shares at September 30, 2025 and June 30, 2025, respectively (3,969) (3,969)
Accumulated other comprehensive loss (79) (145)
Total shareholders’ equity 48,779 48,369
Total liabilities and shareholders’ equity $ 366,492 $ 371,211