Receivables [Abstract]

Schedule of allowance for loan losses by portfolio segment

The following table presents the activity in the allowance for loan losses by portfolio segment for the six months ended December 31, 2019:

(in thousands)	Beginning balance		Provision for loan losses			Loans charged off			Recoveries		Ending balance

Residential real estate:
One- to four-family	$	685	$	64		$	(65	)	$	–	$	684
Multi-family		200		(28	)		–			–		172
Construction		6		–			–			–		6
Land		1		1			–			–		2
Farm		6		(2	)		–			–		4
Nonresidential real estate		336		25			–			–		361
Commercial nonmortgage		5		(1	)		–			–		4
Consumer and other:
Loans on deposits		3		(1	)		–			–		2
Home equity		14		(3	)		–			–		11
Automobile		–		8			8			–		–
Unsecured		–		1			–			–		1
Unallocated		200		–			–			–		200
Totals	$	1,456	$	64		$	(73	)	$	–	$	1,447

The following table presents the activity in the allowance for loan losses by portfolio segment for the three months ended December 31, 2019:

(in thousands)	Beginning balance		Provision for loan losses			Loans charged off			Recoveries		Ending balance

Residential real estate:
One- to four-family	$	686	$	(2	)	$	–		$	–	$	684
Multi-family		193		(21	)		–			–		172
Construction		6		–			–			–		6
Land		1		1			–			–		2
Farm		6		(2	)		–			–		4
Nonresidential real estate		339		22			–			–		361
Commercial nonmortgage		5		(1	)		–			–		4
Consumer and other:
Loans on deposits		2		–			–			–		2
Home equity		12		(1	)		–			–		11
Automobile		–		8			(8	)		–		–
Unsecured		–		1			–			–		1
Unallocated		200		–			–			–		200
Totals	$	1,450	$	5		$	(8	)	$	–	$	1,447

The following table presents the activity in the allowance for loan losses by portfolio segment for the six months ended December 31, 2018:

(in thousands)	Beginning balance		Provision for loan losses			Loans charged off			Recoveries		Ending balance

Residential real estate:
One- to four-family	$	795	$	17		$	(117	)	$	39	$	734
Multi-family		225		(5	)		–			–		220
Construction		8		(5	)		–			–		3
Land		1		–			–			–		1
Farm		6		(1	)		–			–		5
Nonresidential real estate		321		25			–			–		346
Commercial nonmortgage		3		–			–			–		3
Consumer and other:
Loans on deposits		3		–			–			–		3
Home equity		13		–			–			–		13
Automobile		–		–			–			–		–
Unsecured		1		(20	)		–			20		1
Unallocated		200		–			–			–		200
Totals	$	1,576	$	11		$	(117	)	$	59	$	1,529

The following table presents the activity in the allowance for loan losses by portfolio segment for the three months ended December 31, 2018:

(in thousands)	Beginning balance		Provision for loan losses			Loans charged off			Recoveries		Ending balance

Residential real estate:
One- to four-family	$	781	$	(5	)	$	(58	)	$	16	$	734
Multi-family		232		(12	)		–			–		220
Construction		4		(1	)		–			–		3
Land		1		–			–			–		1
Farm		6		(1	)		–			–		5
Nonresidential real estate		323		23			–			–		346
Commercial nonmortgage		4		(1	)		–			–		3
Consumer and other:
Loans on deposits		3		–			–			–		3
Home equity		16		(3	)		–			–		13
Automobile		–		–			–			–		–
Unsecured		1		–			–			–		1
Unallocated		200		–			–			–		200
Totals	$	1,571	$	–		$	(58	)	$	16	$	1,529

Schedule of impaired loans by class of loans

The following table presents loans individually evaluated for impairment by class of loans as of and for the six months ended December 31:

(in thousands)	Average Recorded Investment		Interest Income Recognized		Cash Basis Income Recognized		Average Recorded Investment		Interest Income Recognized		Cash Basis Income Recognized
	2019						2018
With no related allowance recorded:
Residential real estate:
One- to four-family	$	3,922	$	62	$	62	$	3,654	$	75	$	75
Multi-family		684		17		17		–		–		–
Farm		309		5		5		310		–		–
Nonresidential real estate		702		14		14		409		14		14
Purchased credit-impaired loans		936		35		35		1,066		36		36
		6,553		133		133		5,439		125		125
With an allowance recorded:
One- to four-family		–		–		–		–		–		–
	$	6,553	$	133	$	133	$	5,439	$	125	$	125

The following table presents interest income on loans individually evaluated for impairment by class of loans for the three months ended December 31:

(in thousands)	Average Recorded Investment		Interest Income Recognized		Cash Basis Income Recognized		Average Recorded Investment		Interest Income Recognized		Cash Basis Income Recognized
	2019						2018
With no related allowance recorded:
Residential real estate:
One- to four-family	$	3,780	$	28	$	28	$	4,432	$	59	$	59
Multi-family		682		6		6		–		–		–
Farm		309		5		5		310		–		–
Nonresidential real estate		724		7		7		698		14		14
Purchased credit-impaired loans		913		17		17		982		28		28
		6,408		63		63		6,422		101		101
With an allowance recorded:
One- to four-family		–		–		–		–		–		–
	$	6,408	$	63	$	63	$	6,422	$	101	$	101

Schedule of types troubled debt restructuring loan modifications

The following table summarizes TDR loan modifications that occurred during the six months ended December 31, 2019 and 2018, and their performance, by modification type:

(in thousands)	Troubled Debt Restructurings Performing to Modified Terms		Troubled Debt Restructurings Not Performing to Modified Terms		Total Troubled Debt Restructurings

Six months ended December 31, 2019
Residential real estate:
Terms extended	$	682	$	–	$	682
Terms extended and additional funds advanced	$	119	$	–	$	119
Chapter 7 bankruptcy	$	21	$	–	$	21

Six months ended December 31, 2018
Residential real estate:
Terms extended	$	324	$	–	$	324

The following table summarizes TDR loan modifications that occurred during the three months ended December 31, 2019 and 2018, and their performance, by modification type:

(in thousands)	Troubled Debt Restructurings Performing to Modified Terms		Troubled Debt Restructurings Not Performing to Modified Terms		Total Troubled Debt Restructurings

Three months ended December 31, 2019
Residential real estate:
Terms extended	$	682	$	–	$	682
Chapter 7 bankruptcy	$	21	$	–	$	21

Three months ended December 31, 2018
Residential real estate:
Terms extended and additional funds advanced	$	75	$	–	$	75

Schedule of analysis performed, the risk category of loans by class of loans

(in thousands)	Pass		Special Mention		Substandard		Doubtful

Residential real estate:
One- to four-family	$	212,106	$	619	$	7,771	$	–
Multi-family		11,944		–		682		–
Construction		4,193		–		–		–
Land		1,226		–		–		–
Farm		1,777		–		310		–
Nonresidential real estate		29,322		736		1,053		–
Commercial nonmortgage		1,267		–		235		–
Consumer:
Loans on deposits		1,372		–		–		–
Home equity		7,634		–		19		–
Automobile		83		–		–		–
Unsecured		661		–		5		–
	$	271,585	$	1,355	$	10,075	$	–

(in thousands)	Pass		Special Mention		Substandard		Doubtful

Residential real estate:
One- to four-family	$	206,489	$	894	$	8,683	$	–
Multi-family		15,243		–		685		–
Construction		3,757		–		–		–
Land		852		–		–		–
Farm		2,848		–		309		–
Nonresidential real estate		28,990		746		683		–
Commercial nonmortgage		1,584		–		491		–
Consumer:
Loans on deposits		1,415		–		–		–
Home equity		8,053		137		24		–
Automobile		91		–		–		–
Unsecured		446		–		5		–
	$	269,768	$	1,777	$	10,880	$	–

Schedule of accretable yield, or income expected to be collected

(in thousands)	Six months ended December 31, 2019			Twelve months ended June 30, 2019

Balance at beginning of period	$	544		$	634
Accretion of income		(56	)		(90	)
Disposals, net of recoveries		–			–
Balance at end of period	$	488		$	544