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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Interest and dividend income    
Loans, including fees $ 7,130 $ 7,068
Securities, taxable 1,248 711
Securities, tax-exempt 585 478
Equity securities 8 8
Federal bank and other restricted stocks 23 20
Federal funds sold and other interest-bearing deposits 80 50
Total interest and dividend income 9,074 8,335
Interest expense    
Deposits 597 296
Short-term borrowings 59 2
Federal Home Loan Bank advances 22 64
Total interest expense 678 362
Net interest income 8,396 7,973
Provision for loan losses 410 190
Net interest income after provision for loan losses 7,986 7,783
Noninterest income    
Mortgage banking activity 82 258
Bank owned life insurance income 65 65
Securities losses, net (11) 0
Net change in market value of equity securities (24) 0
Other 81 83
Total noninterest income 1,131 1,273
Noninterest expenses    
Salaries and employee benefits 3,439 3,247
Occupancy and equipment 788 708
Data processing expenses 192 214
Debit card processing expenses 274 268
Professional and director fees 235 344
FDIC assessments 152 84
Franchise taxes 141 133
Marketing and advertising 204 214
Telephone and network communications 87 114
Amortization of intangible 14 11
Other 552 495
Total noninterest expenses 6,078 5,832
Income before income taxes 3,039 3,224
Income tax expense 504 559
Net income $ 2,535 $ 2,665
Basic and diluted earnings per share (in dollars per share) $ 0.83 $ 0.88
Deposit Account [Member]    
Noninterest income    
Noninterest income (in scope of Topic 606) $ 397 $ 358
Debit Card [Member]    
Noninterest income    
Noninterest income (in scope of Topic 606) $ 541 $ 509