Note 16 - Parent Company Financial Statements (Tables)

12 Months Ended

Jun. 30, 2022

Notes Tables

Condensed Balance Sheet [Table Text Block]

Condensed Balance Sheets	June 30, 2022		June 30, 2021
Assets:
Cash	$	76	$	226
Equity securities, at fair value		400		424
Other assets		17		38
Investment in subsidiary		54,823		69,267
Total assets	$	55,316	$	69,955
Liabilities and Shareholders’ Equity:
Short-term borrowings	$	1,270	$	55
Other liabilities		76		—
Shareholders’ equity		53,970		69,900
Total liabilities & shareholders’ equity	$	55,316	$	69,955

Condensed Income Statement [Table Text Block]

Condensed Statements of Income and Comprehensive Income	Year Ended June 30, 2022			Year Ended June 30, 2021
Cash dividends from Bank subsidiary	$	195		$	2,050
Dividend income		33			17
Net change in market value of equity securities		(24	)		24
Other income		2			5
Interest expense		(31	)		—
Other expense		(258	)		(281	)
Income (loss) before income taxes and equity in undistributed net income of subsidiary		(83	)		1,815
Income tax benefit		(63	)		(49	)
Income (loss) before equity in undistributed net income of Bank subsidiary		(20	)		1,864
Equity in undistributed net income of subsidiary		11,212			7,124
Net income	$	11,192		$	8,988
Comprehensive income (loss)	$	(14,464	)	$	8,278

Condensed Cash Flow Statement [Table Text Block]

Condensed Statements of Cash Flows	Year Ended June 30, 2022			Year Ended June 30, 2021
Cash flows from operating activities:
Net income	$	11,192		$	8,988
Equity in undistributed net income of Bank subsidiary		(11,212	)		(7,124	)
Net change in market value of equity securities		24			(24	)
Change in other assets and liabilities		24			146
Net cash flows from operating activities		28			1,986
Cash flows from investing activities:
Purchase of equity securities		—			(400	)
Disposal of premises and equipment		18			—
Net cash flows from investing activities		18			(400	)
Cash flows from financing activities:
Dividend paid		(1,949	)		(1,785	)
Net change in short-term borrowings		1,270			—
Proceeds from dividend reinvestment and stock purchase plan		174			—
Issuance of treasury stock for stock awards		309			167
Net cash flows from financing activities		(196	)		(1,618	)
Change in cash and cash equivalents		(150	)		(32	)
Beginning cash and cash equivalents		226			258
Ending cash and cash equivalents	$	76		$	226