v3.22.2.2
Consolidated Statements of Operations - USD ($)
$ in Thousands
 12 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Interest income    
Loans, including fees $ 10,659 $ 11,979
Mortgage-backed securities 23 14
Other securities 3
Interest-bearing deposits and other 232 156
Total interest income 10,914 12,152
Interest expense    
Deposits 1,387 1,711
Borrowings 367 430
Total interest expense 1,754 2,141
Net interest income 9,160 10,011
Provision (credit) for loan losses (60) 192
Net interest income after provision for loan losses 9,220 9,819
Non-interest income    
Earnings on bank-owned life insurance 78 78
Net gains on sales of loans 255 380
Net loss on sales of REO (35) (19)
Valuation adjustment for REO (19)
Net loss on sales of property (2)
Other 217 177
Total non-interest income 515 595
Non-interest expense    
Employee compensation and benefits 4,853 5,358
Data processing 545 647
Occupancy and equipment 632 649
FDIC insurance premiums 71 168
Voice and data communications 123 109
Advertising 135 153
Outside service fees 166 179
Audit and accounting 216 158
Franchise and other taxes 150 131
Foreclosure and REO expense, net 101 66
Regulatory Assessments 103 102
Other 573 522
Total non-interest expense 7,668 8,242
Income before income taxes 2,067 2,172
Income tax expense    
Current 202 575
Deferred 275 (223)
Total income tax expense 477 352
NET INCOME $ 1,590 $ 1,820
EARNINGS PER SHARE    
Basic and diluted (in Dollars per share) $ 0.19 $ 0.22