v3.26.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities:    
Net income $ 11,164 $ 8,667
Adjustments to reconcile net income to net cash flows from operating activities:    
Depreciation 1,286 1,157
Securities amortization and accretion, net (341) (15)
Provision for credit losses 1,195 1,147
Gain on disposal of fixed assets 0 (7)
Mortgage banking activity (521) (400)
Deferred income tax (benefit) expense (148) (458)
Loss on sale of securities 8 0
Net change in market value of equity securities (8) (11)
Amortization of intangibles 57 56
Origination of loans held for sale (33,750) (24,685)
Proceeds from loans held for sale 34,019 25,179
Increase in cash surrender value of life insurance (477) (391)
Net change in other assets and other liabilities (1,295) (2,305)
Net cash flows from operating activities 11,189 7,934
Cash flows from investing activities:    
Purchases (21,068) (40,292)
Maturities, calls and principal pay downs 41,477 38,548
Proceeds from sales of available-for-sale securities 2,158 0
Principal pay downs 859 887
Redemption of equity securities 400 0
Proceeds from redemption of FHLB stock 836 114
Purchases of FHLB stock (1,326) (597)
Net increase in loans (124,270) (55,017)
Purchase of bank owned life insurance (1,920) (2,375)
Acquisition of premises and equipment (1,635) (3,071)
Disposal of premises and equipment 0 30
Proceeds from sale of other real estate and repossessed assets owned 0 76
Net cash flows used in investing activities (104,489) (61,697)
Cash flows from financing activities:    
Net increase in deposit accounts 84,144 63,838
Net change in short-term borrowings 13,699 (14,496)
Proceeds from Federal Home Loan Bank advances 26,000 19,500
Repayments of Federal Home Loan Bank advances (21,544) (10,658)
Proceeds from dividend reinvestment and stock purchase plan 0 147
Dividends paid (2,644) (2,383)
Net cash flows from financing activities 99,655 55,948
Increase in cash and cash equivalents 6,355 2,185
Cash and cash equivalents, beginning of year 19,908 17,723
Cash and cash equivalents, end of year 26,263 19,908
Cash paid during the period:    
Interest 19,814 19,181
Income taxes 1,865 1,595
Non-cash items:    
Transfer from loans to other repossessed assets 0 76
Issuance of treasury stock for stock awards $ 399 $ 377