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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Consolidated Statements of Cash Flows [Abstract    
Net Income $ 21,805 $ 18,037
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 790 685
Deferred income tax (benefit) expense (1,877) (394)
Net (accretion) amortization of investment premiums and discounts (259) 580
Net amortization of deferred loan costs and fees 274 289
Amortization of subordinated debt issuance costs 139 140
Provision for credit losses 2,196 917
Bank-owned life insurance income (1,910) (1,551)
Net loss on sale of securities available-for-sale 665 0
Net gain on equity securities (72) (37)
Net increase in accrued income taxes 384 821
Net increase in accrued interest receivable (4,164) (4,513)
Net increase in prepaid expenses and other assets (1,958) (689)
Net decrease in accrued expense and other liabilities (1,248) (440)
Net cash provided by operating activities 14,765 13,845
Securities available-for-sale:    
Proceeds from maturities 132,556 104,739
Proceeds from sale of securities 6,676 0
Purchases of securities (193,953) (170,192)
Proceeds from principal payments on securities 55,971 2,498
Securities held-to-maturity:    
Proceeds from maturities 32,223 36,394
Purchases of securities (136,916) (24,341)
Proceeds from principal payments on securities 13,527 12,796
Net redemption (purchase) of Federal Home Loan Bank Stock 3,462 (537)
Maturity of long-term certificates of deposit 1,185 1,480
Surrender of bank owned life insurance 0 23,100
Purchase of bank owned life insurance 0 (23,104)
Net increase in loans receivable (120,484) (69,478)
Purchases of premises and equipment (386) (1,308)
Net cash used in investing activities (206,139) (107,953)
Cash flows from financing activities:    
Net (decrease) increase in short-term advances (73,300) 2,000
Proceeds from term advances 0 34,156
Repayment of long-term advances (31,961) 0
Payment of cash dividends (3,772) (2,616)
Net increase in deposits 265,495 119,946
Net cash provided by financing activities 156,462 153,486
Net (decrease) increase in cash and cash equivalents (34,912) 59,378
Cash and cash equivalents at beginning of period 190,395 196,445
Cash and cash equivalents at end of period 155,483 255,823
Cash paid during period for:    
Interest 44,490 38,357
Income taxes $ 825 $ 1,525