Note 8 - Federal Home Loan Bank Advances

12 Months Ended

Jun. 30, 2026

Notes to Financial Statements

Federal Home Loan Bank Advances, Disclosure [Text Block]

NOTE 8—FEDERAL HOME LOAN BANK ADVANCES

A summary of Federal Home Loan Bank (FHLB) advances were as follows:

										June 30, 2026								June 30, 2025
		Stated Interest Rate Range												Weighted Average								Weighted Average
Advance Type		From				To				Amount				Rate				Amount				Rate
Fixed rate, amortizing			1.37	%			1.37	%		$	7				1.37	%		$	51				1.37	%
Fixed rate			1.18				3.78				15,700				3.11				17,500				3.66
Variable rate			3.85				3.85				11,300				3.85				5,000				4.51

Each fixed rate advance has a prepayment penalty equal to the present value of 100% of the lost cash flow based upon the difference between the contract rate on the advance and the current rate on a comparable new advance. The following table is a summary of the scheduled principal payments for all advances as of June 30, 2026:

Twelve Months Ending June 30		Principal Payments
2027		$	23,007
2030			4,000
Total		$	27,007

Pursuant to collateral agreements with FHLB, advances are secured by all the stock invested in the FHLB and certain qualifying first mortgage and multi-family loans. The advances were collateralized by $192,730 and $163,200 of first mortgage and multi-family loans under a blanket lien arrangement at June 30, 2026 and 2025, respectively. Based on this collateral, the Bank was eligible to borrow up to a total of $97,723 in additional advances at June 30, 2026.