| Carrying Amount and Estimated Fair Values of Financial Instruments |
At September 30, 2026 and June 30, 2026, the carrying amount and estimated fair values of the Company’s financial instruments were as follows:
| |
|
September 30, 2026
|
|
| |
|
Carrying
|
|
|
Estimated
|
|
|
|
|
|
|
|
|
|
|
| |
|
Value
|
|
|
Fair Value
|
|
|
Level 1
|
|
|
Level 2
|
|
|
Level 3
|
|
| |
|
(In Thousands)
|
|
|
Financial assets
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash and cash equivalents
|
|
$
|
37,560 |
|
|
$
|
37,560 |
|
|
$
|
37,560 |
|
|
$
|
- |
|
|
$
|
- |
|
|
Securities available-for-sale
|
|
|
45,499 |
|
|
|
45,499 |
|
|
|
- |
|
|
|
45,499 |
|
|
|
- |
|
|
Securities held-to-maturity
|
|
|
54,063 |
|
|
|
43,666 |
|
|
|
- |
|
|
|
43,666 |
|
|
|
- |
|
|
Other securities
|
|
|
1,111 |
|
|
|
1,111 |
|
|
|
- |
|
|
|
- |
|
|
|
1,111 |
|
|
Loans held-for-sale
|
|
|
1,082 |
|
|
|
1,082 |
|
|
|
- |
|
|
|
1,082 |
|
|
|
- |
|
|
Loans receivable, net
|
|
|
484,332 |
|
|
|
469,162 |
|
|
|
- |
|
|
|
- |
|
|
|
469,162 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Financial liabilities
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Deposits
|
|
|
574,923 |
|
|
|
573,847 |
|
|
|
- |
|
|
|
573,847 |
|
|
|
- |
|
|
Other borrowings
|
|
|
3,556 |
|
|
|
3,556 |
|
|
|
- |
|
|
|
3,556 |
|
|
|
- |
|
| |
|
June 30, 2026
|
|
| |
|
Carrying
|
|
|
Estimated
|
|
|
|
|
|
|
|
|
|
|
| |
|
Value
|
|
|
Fair Value
|
|
|
Level 1
|
|
|
Level 2
|
|
|
Level 3
|
|
| |
|
(In Thousands)
|
|
|
Financial assets
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash and cash equivalents
|
|
$
|
34,304 |
|
|
$
|
34,304 |
|
|
$
|
34,304 |
|
|
$
|
- |
|
|
$
|
- |
|
|
Securities available-for-sale
|
|
|
43,624 |
|
|
|
43,624 |
|
|
|
- |
|
|
|
43,624 |
|
|
|
- |
|
|
Securities held-to-maturity
|
|
|
55,439 |
|
|
|
46,658 |
|
|
|
- |
|
|
|
46,658 |
|
|
|
- |
|
|
Other securities
|
|
|
954 |
|
|
|
954 |
|
|
|
- |
|
|
|
- |
|
|
|
954 |
|
|
Loans held-for-sale
|
|
|
1,654 |
|
|
|
1,654 |
|
|
|
- |
|
|
|
1,654 |
|
|
|
- |
|
|
Loans receivable, net
|
|
|
475,491 |
|
|
|
458,421 |
|
|
|
- |
|
|
|
- |
|
|
|
458,421 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Financial liabilities
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Deposits
|
|
|
577,292 |
|
|
|
575,788 |
|
|
|
- |
|
|
|
575,788 |
|
|
|
- |
|
|
Other borrowings
|
|
|
3,556 |
|
|
|
3,556 |
|
|
|
- |
|
|
|
3,556 |
|
|
|
- |
|
|
| Fair Values of Assets and Liabilities Measured on a Recurring Basis |
Fair values of assets and liabilities measured on a recurring basis at September 30, 2026 and June 30, 2026 are as follows:
| |
|
Fair Value Measurements
|
|
|
September 30, 2026
|
|
(Level 1)
|
|
|
(Level 2)
|
|
|
(Level 3)
|
|
|
Total
|
|
| |
|
(In Thousands)
|
|
|
Available-for-Sale
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Mortgage-backed securities: residential
|
|
$
|
- |
|
|
$
|
45,050 |
|
|
$
|
- |
|
|
$
|
45,050 |
|
|
State and political subdivision
|
|
|
- |
|
|
|
449 |
|
|
|
- |
|
|
|
449 |
|
|
Total available-for-sale
|
|
$
|
- |
|
|
$
|
45,499 |
|
|
$
|
- |
|
|
$
|
45,499 |
|
| |
|
Fair Value Measurements
|
|
|
June 30, 2026
|
|
(Level 1)
|
|
|
(Level 2)
|
|
|
(Level 3)
|
|
|
Total
|
|
| |
|
(In Thousands)
|
|
|
Available-for-Sale
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Mortgage-backed securities: residential
|
|
$
|
- |
|
|
$
|
43,152 |
|
|
$
|
- |
|
|
$
|
43,152 |
|
|
State and political subdivision
|
|
|
- |
|
|
|
472 |
|
|
|
- |
|
|
|
472 |
|
|
Total available-for-sale
|
|
$
|
- |
|
|
$
|
43,624 |
|
|
$
|
- |
|
|
$
|
43,624 |
|
|
| Assets and Liabilities Measured at Fair Value on a Non-Recurring Basis |
Fair values of assets and liabilities measured on a non-recurring basis at September 30, 2026 and June 30, 2026 are as follows:
| |
|
Fair Value Measurements
|
|
|
September 30, 2026
|
|
(Level 1)
|
|
|
(Level 2)
|
|
|
(Level 3)
|
|
|
Total
|
|
| |
|
(In Thousands)
|
|
|
Assets:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Impaired Loans
|
|
$
|
- |
|
|
$
|
- |
|
|
$
|
1,500 |
|
|
$
|
1,500 |
|
|
Other Real Estate Owned
|
|
|
- |
|
|
|
- |
|
|
|
513 |
|
|
|
513 |
|
|
Total
|
|
$
|
- |
|
|
$
|
- |
|
|
$
|
2,013 |
|
|
$
|
2,013 |
|
| |
|
Fair Value Measurements
|
|
|
June 30, 2026
|
|
(Level 1)
|
|
|
(Level 2)
|
|
|
(Level 3)
|
|
|
Total
|
|
| |
|
(In Thousands)
|
|
|
Assets:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Impaired Loans
|
|
$
|
- |
|
|
$
|
- |
|
|
$
|
2,644 |
|
|
$
|
2,644 |
|
|
Other Real Estate Owned
|
|
|
- |
|
|
|
- |
|
|
|
613 |
|
|
|
613 |
|
|
Total
|
|
$
|
- |
|
|
$
|
- |
|
|
$
|
3,257 |
|
|
$
|
3,257 |
|
|