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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Interest and dividend income    
Loans, including fees $ 10,939 $ 9,697
Securities, taxable 1,571 1,449
Securities, tax-exempt 441 469
Equity securities 8 8
Federal bank and other restricted stocks 40 41
Federal funds sold and other interest-bearing deposits 155 71
Total interest and dividend income 13,154 11,735
Interest expense    
Deposits 4,878 3,417
Short-term borrowings 200 126
Federal Home Loan Bank advances 33 38
Total interest expense 5,111 3,581
Net interest income 8,043 8,154
Provision for credit losses on loans 77 40
Provision for credit losses on unfunded commitments (45) 79
Net interest income after provision for credit losses 8,011 8,035
Noninterest income    
Mortgage banking activity 133 98
Bank owned life insurance income 92 68
Securities losses, net 0 (79)
Other 101 92
Total noninterest income 1,393 1,157
Noninterest expenses    
Salaries and employee benefits 3,764 3,498
Occupancy and equipment 884 784
Data processing expenses 211 196
Debit card processing expenses 362 312
Professional and director fees 306 236
FDIC assessments 207 189
Franchise taxes 40 96
Marketing and advertising 177 228
Telephone and network communications 89 88
Amortization of intangible 14 14
Other 634 624
Total noninterest expenses 6,688 6,265
Income before income taxes 2,716 2,927
Income tax expense 480 517
Net income $ 2,236 $ 2,410
Basic and diluted earnings per share (in dollars per share) $ 0.72 $ 0.78
Deposit Account [Member]    
Noninterest income    
Noninterest income (in scope of Topic 606) $ 450 $ 426
Debit Card [Member]    
Noninterest income    
Noninterest income (in scope of Topic 606) $ 617 $ 552