v3.26.1
Note 10 - Income Taxes - Schedule of Effective Income Tax Rate Reconciliation (Details) - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2026
Jun. 30, 2025
U.S. Federal statutory tax rate $ 2,767 $ 2,168
U.S. Federal statutory tax rate, percent 21.00% 21.00%
State and local income taxes, net of federal income tax effect [1] $ 0 $ 0
State and local income taxes, net of federal income tax effect, percent [1] 0.00% 0.00%
Affordable housing tax credit [2] $ (184) $ (118)
Affordable housing tax credit, percent [2] (1.40%) (1.14%)
Other, tax credits $ (17) $ (16)
Other, tax credits, percent (0.13%) (0.15%)
Tax-exempt income, net of TEFRA $ (459) $ (308)
Tax-exempt income, net of TEFRA, percent (3.48%) (2.98%)
Cash surrender value income $ (100) $ (82)
Cash surrender value income, percent (0.76%) (0.79%)
Other, nontaxable or nondeductible items $ 6 $ 13
Other, nontaxable or nondeductible items, percent 0.05% 0.13%
Total tax provision from continuing operations* [3] $ 2,013 $ 1,657
Total, percent 15.28% 16.07%
[1] The Company paid no state income taxes in 2026 and 2025 as the Company mainly pays Ohio financial institution tax.
[2] Includes tax credits, investment amortization and projected tax losses associated with tax-advantaged investments
[3] The Company does not have pretax income from continuing foreign operations or foreign tax expense.