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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Interest and dividend income:    
Loans, including fees $ 40,903 $ 32,754
Securities, taxable 5,985 5,338
Securities, tax-exempt 1,813 2,258
Equity securities 33 33
Federal bank and other restricted stocks 184 149
Federal funds sold and interest-bearing deposits 300 407
Total interest and dividend income 49,218 40,939
Interest expense:    
Deposits 16,212 6,660
Short-term borrowings 702 397
Federal Home Loan Bank advances 312 167
Total interest expense 17,226 7,224
Net interest income 31,992 33,715
Provision for credit losses on loans 556 855
Provision for credit losses on unfunded commitments 63 0
Net interest income after provision for credit losses 31,373 32,860
Other income:    
Noninterest income (in scope of Topic 606) 4,383 4,139
Bank owned life insurance income 278 263
Mortgage banking activity 347 345
Securities (losses) gains, net (80) 14
Net change in market value of equity securities (5) (14)
Loss on disposition of other real estate owned and repossessed assets owned (27) 0
Other 387 360
Total other income 4,896 4,747
Salaries and employee benefits 14,416 14,020
Occupancy and equipment 3,436 3,186
Data processing expenses 806 775
Debit card processing expenses 1,234 1,124
Professional and director fees 1,033 1,065
Federal Deposit Insurance Corporation assessments 801 608
Financial institutions tax 433 478
Marketing and advertising 731 740
Loan and collection expenses 212 211
Telephone and communications 357 362
Amortization of intangible 57 56
Other 2,328 2,060
Total other expenses 25,844 24,685
Income before income taxes 10,425 12,922
Income tax expense 1,845 2,248
Net income $ 8,580 $ 10,674
Basic and diluted earnings per share (in dollars per share) $ 2.76 $ 3.45
Deposit Account [Member]    
Other income:    
Noninterest income (in scope of Topic 606) $ 1,684 $ 1,598
Debit Card [Member]    
Other income:    
Noninterest income (in scope of Topic 606) $ 2,312 $ 2,181