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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Jun. 30, 2023
ASSETS:    
Cash on hand and noninterest-bearing deposits in financial institutions $ 17,709 $ 11,734
Federal funds sold and interest-bearing deposits in financial institutions 14 21
Total cash and cash equivalents 17,723 11,755
Certificates of deposit in financial institutions 0 2,501
Securities, available-for-sale 264,802 279,605
Securities, held-to-maturity (fair value in 2024 of $5,530 and 2023 of $6,294) 6,054 6,970
Equity securities, at fair value 381 386
Federal bank and other restricted stocks, at cost 2,186 2,168
Loans held for sale 908 764
Total loans 759,114 710,362
Less allowance for credit losses (7,930) (7,724)
Net loans 751,184 702,638
Cash surrender value of life insurance 10,500 10,222
Premises and equipment, net 16,927 17,182
Goodwill 2,452 2,452
Core deposit intangible, net 357 414
Accrued interest receivable and other assets 23,615 22,967
Total assets 1,097,089 1,060,024
Deposits:    
Noninterest-bearing demand 225,087 250,906
Interest bearing demand 142,261 152,053
Savings 351,305 335,231
Time 254,327 214,343
Total deposits 972,980 952,533
Short-term borrowings 30,007 26,367
Federal Home Loan Bank advances 13,709 8,776
Accrued interest payable and other liabilities 16,708 16,864
Total liabilities 1,033,404 1,004,540
Equity, Attributable to Parent [Abstract]    
Preferred stock, no par value; 350,000 shares authorized 0 0
Common shares, no par value; 8,500,000 shares authorized; 3,172,227 and 3,144,739 shares issued as of June 30, 2024 and June 30, 2023, respectively 21,178 20,769
Retained earnings 71,534 65,485
Treasury stock, at cost (48,639 common shares at June 30, 2024 and 2023) (695) (809)
Accumulated other comprehensive loss (28,332) (29,961)
Total shareholders’ equity 63,685 55,484
Total liabilities and shareholders’ equity $ 1,097,089 $ 1,060,024