v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2026
Jun. 30, 2025
ASSETS    
Cash and due from financial institutions $ 2,289 $ 2,342
Fed funds sold 5,073 8,577
Interest-bearing demand deposits 13,934 8,561
Cash and cash equivalents 21,296 19,480
Debt securities available-for-sale, at fair value 10,265 9,757
Debt securities held-to-maturity, at amortized cost-approximate fair value of $141 and $167 at March 31, 2026 and June 30, 2025, respectively 143 171
Loans held for sale 662 877
Loans, net of allowance for credit losses of $2,217 and $2,170 at March 31, 2026 and June 30, 2025, respectively 328,223 327,248
Office premises and equipment - at depreciated cost 4,195 4,211
Federal Home Loan Bank stock - at cost 3,804 3,980
Accrued interest receivable 1,593 1,438
Bank-owned life insurance 3,067 3,001
Prepaid expenses and other assets 1,293 1,048
Total assets 374,541 371,211
LIABILITIES AND SHAREHOLDERS’ EQUITY    
Savings 43,697 48,616
Certificates of deposit 197,261 199,575
Demand deposit accounts 32,731 29,372
Deposits 273,689 277,563
Federal Home Loan Bank advances 48,937 42,760
Advances by borrowers for taxes and insurance 593 869
Accrued interest payable 709 949
Accrued income tax 120 63
Deferred income taxes 59 30
Other liabilities 776 608
Total liabilities 324,883 322,842
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 18,735 17,506
Treasury shares at cost, 509,349 common shares at March 31, 2026 and June 30, 2025, respectively (3,969) (3,969)
Accumulated other comprehensive loss (85) (145)
Total shareholders’ equity 49,658 48,369
Total liabilities and shareholders’ equity $ 374,541 $ 371,211