v3.26.1
Holding Company Condensed Financial Information (Tables)
12 Months Ended
Jun. 30, 2026
Holding Company Condensed Financial Information  
Schedule of condensed statements of financial condition

June 30, 

(In Thousands)

  ​ ​ ​

2026

  ​ ​ ​

2025

Assets

Cash and cash equivalents

$

3,492

$

3,367

Investment in subsidiary

 

122,774

 

125,226

Other assets

 

72

 

65

$

126,338

$

128,658

 

  ​

 

  ​

Liabilities and Stockholders’ Equity

 

  ​

 

  ​

Other liabilities

$

118

$

113

Stockholders’ equity

 

126,220

 

128,545

$

126,338

$

128,658

Schedule of condensed statements of operations

Year Ended June 30, 

(In Thousands)

  ​ ​ ​

2026

  ​ ​ ​

2025

Dividend from the Bank

$

10,500

$

9,000

Interest and other income

 

3

 

2

Total income

 

10,503

 

9,002

 

  ​

 

  ​

General and administrative expenses

 

1,136

 

1,147

Earnings before income taxes and equity in undistributed earnings of the Bank

 

9,367

 

7,855

 

  ​

 

  ​

Income tax benefit

 

(335)

 

(338)

Earnings before equity in undistributed earnings of the Bank

 

9,702

 

8,193

 

  ​

 

  ​

Equity in undistributed earnings of the Bank

 

(3,047)

 

(1,938)

Net income

$

6,655

$

6,255

Schedule of condensed statements of cash flows

Year Ended June 30, 

(In Thousands)

  ​ ​ ​

2026

  ​ ​ ​

2025

Cash flow from operating activities:

 

  ​

 

  ​

Net income

$

6,655

$

6,255

Adjustments to reconcile net income to net cash provided by operating activities:

 

  ​

 

  ​

Equity in undistributed earnings of the Bank

 

3,047

 

1,938

Increase in other assets

 

(7)

 

(1)

Increase in other liabilities

 

5

 

4

Net cash provided by operating activities

 

9,700

 

8,196

 

  ​

 

  ​

Cash flow from financing activities:

 

  ​

 

  ​

Treasury stock purchases

 

(5,983)

 

(4,448)

Cash dividends

 

(3,592)

 

(3,766)

Net cash used for financing activities

 

(9,575)

 

(8,214)

Net increase (decrease) in cash during the year

 

125

 

(18)

Cash and cash equivalents at beginning of year

 

3,367

 

3,385

Cash and cash equivalents at end of year

$

3,492

$

3,367