| Schedule of assets that are measured at estimated fair value on a recurring basis |
The following tables present assets that are measured at estimated fair value on a recurring basis at the dates indicated (in thousands): | | | | | | | | | | | | | | | Total Estimated | | Estimated Fair Value Measurements Using | June 30, 2026 | | Fair Value | | Level 1 | | Level 2 | | Level 3 | | | | | | | | | | | | | | Investment securities available for sale: | | | | | | | | | | | | | Municipal securities | | $ | 30,216 | | $ | — | | $ | 30,216 | | $ | — | Agency securities | | | 5,220 | | | — | | | 5,220 | | | — | Real estate mortgage investment conduits | | | 46,874 | | | — | | | 46,874 | | | — | Residential mortgage-backed securities | | | 79,511 | | | — | | | 79,511 | | | — | Other mortgage-backed securities | | | 14,069 | | | — | | | 14,069 | | | — | Total assets measured at fair value on a recurring basis | | $ | 175,890 | | $ | — | | $ | 175,890 | | $ | — |
| | | | | | | | | | | | | | | Total Estimated | | Estimated Fair Value Measurements Using | March 31, 2026 | | Fair Value | | Level 1 | | Level 2 | | Level 3 | | | | | | | | | | | | | | Investment securities available for sale: | | | | | | | | | | | | | Municipal securities | | $ | 30,108 | | $ | — | | $ | 30,108 | | $ | — | Agency securities | | | 5,252 | | | — | | | 5,252 | | | — | Real estate mortgage investment conduits | | | 38,156 | | | — | | | 38,156 | | | — | Residential mortgage-backed securities | | | 71,591 | | | — | | | 71,591 | | | — | Other mortgage-backed securities | | | 9,661 | | | — | | | 9,661 | | | — | Total assets measured at fair value on a recurring basis | | $ | 154,768 | | $ | — | | $ | 154,768 | | $ | — |
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| Schedule of carrying amount and estimated fair value of financial instruments |
The carrying amount and estimated fair value of financial instruments is as follows at the dates indicated (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Carrying | | | | | | | | | | | Estimated | June 30, 2026 | | Amount | | Level 1 | | Level 2 | | Level 3 | | Fair Value | | | | | | | | | | | | | | | | | Assets: | | | | | | | | | | | | | | | | Cash and cash equivalents | | $ | 102,214 | | $ | 102,214 | | $ | — | | $ | — | | $ | 102,214 | Investment securities available for sale | | | 175,890 | | | — | | | 175,890 | | | — | | | 175,890 | Loans receivable, net | | | 1,077,963 | | | — | | | — | | | 1,030,425 | | | 1,030,425 | FHLB stock | | | 1,631 | | | — | | | 1,631 | | | — | | | 1,631 | | | | | | | | | | | | | | | | | Liabilities: | | | | | | | | | | | | | | | | Certificates of deposit | | | 247,174 | | | — | | | 246,358 | | | — | | | 246,358 | FHLB advances | | | 16,100 | | | — | | | 16,074 | | | — | | | 16,074 | Junior subordinated debentures | | | 27,201 | | | — | | | — | | | 20,338 | | | 20,338 |
| | | | | | | | | | | | | | | | | | Carrying | | | | | | | | | | | Estimated | March 31, 2026 | | Amount | | Level 1 | | Level 2 | | Level 3 | | Fair Value | | | | | | | | | | | | | | | | | Assets: | | | | | | | | | | | | | | | | Cash and cash equivalents | | $ | 116,866 | | $ | 116,866 | | $ | — | | $ | — | | $ | 116,866 | Investment securities available for sale | | | 154,768 | | | — | | | 154,768 | | | — | | | 154,768 | Loans receivable, net | | | 1,077,236 | | | — | | | — | | | 1,029,755 | | | 1,029,755 | FHLB stock | | | 1,631 | | | — | | | 1,631 | | | — | | | 1,631 | | | | | | | | | | | | | | | | | Liabilities: | | | | | | | | | | | | | | | | Certificates of deposit | | | 248,619 | | | — | | | 248,116 | | | — | | | 248,116 | FHLB advances | | | 16,100 | | | — | | | 16,074 | | | — | | | 16,074 | Junior subordinated debentures | | | 27,179 | | | — | | | — | | | 20,187 | | | 20,187 |
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