v3.25.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2025
Jun. 30, 2024
Assets    
Cash and due from banks $ 18,703 $ 9,276
Interest-bearing demand deposits 1,389 295
Cash and cash equivalents 20,092 9,571
Interest-bearing time deposits in banks 250 250
Available-for-sale securities 187,753 190,475
Loans, net of allowance for credit losses of $6,627 and $7,499 at June 30, 2025 and 2024, respectively 633,603 639,297
Premises and equipment, net of accumulated depreciation of $9,503 and $9,196 at June 30, 2025 and 2024, respectively 10,201 10,580
Federal Home Loan Bank stock, at cost 5,174 4,499
Foreclosed assets held for sale 165 0
Accrued interest receivable 3,545 3,457
Bank-owned life insurance 15,348 14,892
Mortgage servicing rights 1,429 1,491
Deferred income taxes 8,656 10,483
Other 1,443 2,750
Total assets 887,659 887,745
Deposits    
Demand 104,428 103,314
Savings, NOW and money market 303,745 304,230
Certificates of deposit 283,368 290,633
Brokered certificates of deposit 29,717 29,000
Total deposits 721,258 727,177
Repurchase agreements 18,795 17,772
Federal Home Loan Bank advances 54,124 32,999
Other borrowings 0 25,250
Advances from borrowers for taxes and insurance 972 968
Accrued post-retirement benefit obligation 2,169 2,256
Accrued interest payable 1,861 3,009
Allowance for credit losses on off-balance sheet credit exposure 75 98
Other 6,568 4,300
Total liabilities 805,822 813,829
Commitments and Contingencies
Stockholders' Equity    
Common stock, $.01 par value, 100,000,000 shares authorized, 3,351,526 and 3,353,026 shares issued and outstanding at June 30, 2025 and 2024, respectively 33 33
Additional paid-in capital 52,329 51,913
Unearned ESOP shares, at cost, 115,470 and 134,715 shares at June 30, 2025 and 2024, respectively (1,155) (1,347)
Retained earnings 46,894 43,876
Accumulated other comprehensive loss, net of tax (16,264) (20,559)
Total stockholders' equity 81,837 73,916
Total liabilities and stockholders' equity $ 887,659 $ 887,745