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Note 16 - Parent Company Financial Statements (Tables)
12 Months Ended
Jun. 30, 2024
Notes Tables  
Condensed Balance Sheet [Table Text Block]

Condensed Balance Sheets

 

June 30,
2024

   

June 30,
2023

 

Assets:

               

Cash

  $ 29     $ 26  

Equity securities, at fair value

    381       386  

Other assets

    51       22  

Investment in subsidiary

    63,349       56,328  

Total assets

  $ 63,810     $ 56,762  

Liabilities and Shareholders’ Equity:

               

Short-term borrowings

  $     $ 1,200  

Other liabilities

    125       78  

Shareholders’ equity

    63,685       55,484  

Total liabilities & shareholders’ equity

  $ 63,810     $ 56,762  
Condensed Income Statement [Table Text Block]

Condensed Statements of Income and Comprehensive Income

 

Year Ended
June 30, 2024

   

Year Ended
June 30, 2023

 

Cash dividends from Bank subsidiary

  $ 3,205     $ 1,575  

Dividend income

    33       33  

Net change in market value of equity securities

    (5

)

    (14

)

Other income

          14  

Interest expense

    (43

)

    (75

)

Other expense

    (371

)

    (295

)

Income before income taxes and equity in undistributed net income of subsidiary

    2,819       1,238  

Income tax benefit

    (84

)

    (76

)

Income before equity in undistributed net income of Bank subsidiary

    2,903       1,314  

Equity in undistributed net income of subsidiary

    5,677       9,360  

Net income

  $ 8,580     $ 10,674  

Comprehensive income

  $ 10,209     $ 2,819  
Condensed Cash Flow Statement [Table Text Block]

Condensed Statements of Cash Flows

 

Year Ended
June 30, 2024

   

Year Ended
June 30, 2023

 

Cash flows from operating activities:

               

Net income

  $ 8,580     $ 10,674  

Equity in undistributed net income of Bank subsidiary

    (5,677

)

    (9,360

)

Net change in market value of equity securities

    5       14  

Change in other assets and liabilities

    18       (3 )

Net cash flows from operating activities

    2,926       1,325  

Cash flows from financing activities:

               

Dividends paid

    (2,246 )     (2,095 )

Restricted stock expense

    62       159  

Issuance of stock-based incentive plan shares

    2        

Net change in short-term borrowings

    (1,200 )     (70 )

Proceeds from dividend reinvestment and stock purchase plan

    264       238  

Issuance of treasury stock for stock awards

    195       393  

Net cash flows from financing activities

    (2,923

)

    (1,375 )

Change in cash and cash equivalents

    3       (50 )

Beginning cash and cash equivalents

    26       76  

Ending cash and cash equivalents

  $ 29     $ 26