v3.26.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash flows from operating activities:    
Net income $ 1,229 $ 5
Adjustments to reconcile net income to net cash from operating activities    
Depreciation 148 173
Amortization of deferred loan origination fees, net (102) (18)
Amortization of premiums on debt securities (36) (15)
Net gain on sale of loans (228) (162)
Earnings on bank-owned life insurance (66) (64)
Provision for credit losses 51 36
Origination of loans held for sale (8,583) (5,010)
Proceeds from loans held for sale 9,026 5,010
Deferred Income Taxes 9 (79)
Accrued Income Tax 57
Increase (decrease) in cash, due to changes in:    
Accrued interest receivable (155) (258)
Prepaid expenses and other assets (245) (48)
Accrued interest payable (240) 468
Other liabilities 168 (153)
Net cash provided by (used in) operating activities 1,033 (115)
Cash flows from investing activities:    
Purchase of securities available-for-sale (2,405)
Securities maturities, prepayments and calls:    
Held-to-maturity 26 31
Available-for-sale 2,015 1,663
Proceeds from redemption of FHLB stock 764 592
Purchase of FHLB stock (588) (342)
Loans originated for investment, net of principal collected (924) 2,460
Additions to premises and equipment, net (132) (148)
Net cash provided by (used in) investing activities (1,244) 4,256
Cash flows from financing activities:    
Net change in deposits (3,874) 21,247
Payments by borrowers for taxes and insurance, net (276) (361)
Proceeds from Federal Home Loan Bank advances 34,802 14,446
Repayments on Federal Home Loan Bank advances (28,625) (30,007)
Net cash provided by financing activities 2,027 5,325
Net increase in cash and cash equivalents 1,816 9,466
Beginning cash and cash equivalents 19,480 18,287
Ending cash and cash equivalents 21,296 27,753
Cash paid during the period for:    
Income taxes 470
Interest on deposits and borrowings $ 7,697 $ 7,743