v3.26.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Mar. 31, 2026
Mar. 31, 2025
Interest income        
Loans, including fees $ 4,957 $ 4,456 $ 14,536 $ 13,158
Mortgage-backed securities 99 72 304 229
Interest-bearing deposits and other 201 318 645 862
Total interest income 5,257 4,846 15,485 14,249
Interest expense        
Interest-bearing demand deposits 33 12 88 30
Savings 50 70 149 169
Certificates of deposit 1,810 2,013 5,741 5,826
Deposits 1,893 2,095 5,978 6,025
Borrowings 497 620 1,479 2,186
Total interest expense 2,390 2,715 7,457 8,211
Net interest income 2,867 2,131 8,028 6,038
Provision for credit losses 41 21 51 36
Net interest income after provision for credit losses 2,826 2,110 7,977 6,002
Non-interest income        
Earnings on bank-owned life insurance 29 21 66 65
Net gain on sales of loans 63 22 228 162
Other 47 38 176 162
Total non-interest income 139 81 470 389
Non-interest expense        
Employee compensation and benefits 1,298 1,219 3,813 3,615
Data processing 244 180 695 451
Occupancy and equipment 152 142 423 414
FDIC insurance premiums 69 57 208 196
Voice and data communications 26 38 92 104
Advertising 24 40 124 131
Outside service fees 117 153 511 377
Auditing and accounting 95 92 286 258
Regulatory assessments 7 24 53 71
Foreclosure and real estate owned expenses, net 23 23 68 64
Franchise and other taxes 32 31 103 101
Legal fees 13 60 147 289
Other 110 117 315 321
Total non-interest expense 2,210 2,176 6,838 6,392
Income (loss) before income taxes 755 15 1,609 (1)
Income tax expense (benefit) 174 8 380 (6)
NET INCOME $ 581 $ 7 $ 1,229 $ 5
EARNINGS PER SHARE        
Basic (in Dollars per share) $ 0.07 $ 0 $ 0.15 $ 0
Diluted (in Dollars per share) 0.07 0 0.15 0
DIVIDENDS PER SHARE (in Dollars per share) $ 0 $ 0 $ 0 $ 0