v3.25.4
Fair Value of Assets and Liabilities (Tables)
6 Months Ended
Dec. 31, 2025
Fair Value of Assets and Liabilities  
Schedule of assets and liabilities measured at fair value on a recurring basis

  ​ ​ ​

  ​

  ​ ​ ​

Quoted Prices in

  ​ ​ ​

Other Observable

  ​ ​ ​

Unobservable

Active Markets

Inputs

Inputs

  ​ ​ ​

Total

  ​ ​ ​

(Level 1)

  ​ ​ ​

(Level 2)

  ​ ​ ​

(Level 3)

December 31, 2025

 

  ​

 

  ​

 

  ​

 

  ​

Available for sale debt securities

States and municipalities

$

379,666

$

$

379,666

$

Mortgage-backed

 

694,822

 

 

694,822

 

Corporate bonds

 

2,986,426

 

 

1,301,426

 

1,685,000

Total assets

$

4,060,914

$

$

2,375,914

$

1,685,000

Quoted Prices in

Other Observable

Unobservable

Active Markets

Inputs

Inputs

  ​ ​ ​

Total

  ​ ​ ​

(Level 1)

  ​ ​ ​

(Level 2)

  ​ ​ ​

(Level 3)

June 30, 2025

 

  ​

 

  ​

 

  ​

 

  ​

Available for sale debt securities

States and municipalities

$

449,316

$

$

449,316

$

Mortgage-backed

 

858,762

 

 

858,762

 

Corporate bonds

 

3,893,201

 

 

2,283,201

 

1,610,000

Total assets

$

5,201,279

$

$

3,591,279

$

1,610,000

Schedule of available for sale debt securities measured at fair value on a recurring basis using unobservable inputs

Six Months Ended

Six Months Ended

December 31,

December 31,

  ​ ​ ​

2025

  ​ ​ ​

2024

Balance at July 1,

$

1,610,000

$

1,460,000

Unrealized gains included in other comprehensive income

50,000

40,000

Balance at September 30,

1,660,000

1,500,000

Unrealized gains included in other comprehensive income

25,000

Balance at December 31,

$

1,685,000

$

1,500,000

Schedule of financial assets measured at fair value on a nonrecurring basis

Unaudited

  ​ ​ ​

December 31, 

  ​ ​ ​

June 30, 

  ​ ​ ​

Valuation

  ​ ​ ​

Unobservable

  ​ ​ ​

Range

2025

2025

Technique

Input

(Weighted Avg.)

Foreclosed assets (OREO)

$

996,373

$

996,373

 

Collateral valuation

 

Discount from market value

 

2025: 10%-75%

 

2025: 10%-75%

Collateral dependent financial assets

$

190,013

$

66,645

Appraisal

Discount from market value

0%

Schedule of estimated fair values of financial instruments

December 31, 2025

June 30, 2025

  ​ ​ ​

Carrying Value

  ​ ​ ​

Fair Value

  ​ ​ ​

Carrying Value

  ​ ​ ​

Fair Value

Financial Assets

Cash and due from banks

$

2,166,492

$

2,166,492

$

2,242,736

$

2,242,736

Federal funds sold

11,491,000

11,491,000

12,143,000

12,143,000

Interest bearing deposits in other financial institutions

 

176,326

 

176,326

 

237,247

 

237,247

Available for sale debt securities

 

4,060,914

 

4,060,914

 

5,201,279

 

5,201,279

Held to maturity debt securities

 

465,336

 

372,596

 

483,787

 

373,568

Loans, net

 

211,912,653

 

210,747,000

 

200,795,706

 

195,176,000

Investment in restricted stock

 

1,329,413

 

1,329,413

 

1,329,413

 

1,329,413

Accrued interest receivable

 

706,026

 

706,026

 

667,686

 

667,686

Financial Liabilities

 

  ​

 

  ​

 

  ​

 

  ​

Deposits

$

178,387,453

$

178,128,000

$

175,240,826

$

174,732,000

Federal Home Loan Bank (FHLB) advances

 

19,000,000

 

19,000,000

 

15,000,000

 

15,000,000

Accrued interest payable

 

221,920

 

221,920

 

270,693

 

270,693