Disclosures About Fair Value of Assets and Liabilities (Tables)

6 Months Ended

Dec. 31, 2019

Fair Value Disclosures [Abstract]

Schedule of financial assets measured at fair value on a recurring basis

	Fair Value Measurements Using
(in thousands)	Fair Value		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
December 31, 2019
Agency bonds	$	503	$	–	$	503	$	–
Agency mortgage-backed: residential		42		–		42		–
	$	545	$	–	$	545	$	–
June 30, 2019
U.S. Treasury notes	$	497	$	–	$	497	$	–
Agency bonds		505		–		505		–
Agency mortgage-backed: residential		43		–		43		–
	$	1,045	$	–	$	1,045	$	–

Schedule of assets measured at fair value on a non-recurring basis

	Fair Value Measurements Using
(in thousands)	Fair Value		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
December 31, 2019
Loans
One- to four-family	$	9	$	–	$	–	$	9
Other real estate owned, net
One- to four-family	$	577		–		–	$	577
June 30, 2019
Loans
One- to four-family	$	593	$	–	$	–	$	593
Other real estate owned, net
One- to four-family	$	117	$	–	$	–	$	117

Schedule of fair value measurements for financial instruments measured at fair value on a non-recurring basis

					Range
	Fair Value		Valuation	Unobservable	(Weighted
December 31, 2019	(in thousands)		Technique(s)	Input(s)	Average)
Loans:
One- to four-family	$	9	Sales comparison approach	Adjustments for differences between comparable sales	-82.2% to 151.3% (20.5%)
Foreclosed and repossessed assets:
One- to four-family	$	577	Sales comparison approach	Adjustments for differences between comparable sales	-2.7% to 41.2% (17.9%)

					Range
	Fair Value		Valuation	Unobservable	(Weighted
June 30, 2019	(in thousands)		Technique(s)	Input(s)	Average)
Loans:
One- to four-family	$	593	Sales comparison approach	Adjustment for differences between comparable sales	25.3% to 50.6% (-0.6%)
Foreclosed and repossessed assets:
One- to four-family	$	117	Sales comparison approach	Adjustments for differences between comparable sales	8.6% to 31.0% (29.0%)

Schedule of foregoing methods and assumptions, the carrying value and fair value

			Fair Value Measurements at
	Carrying		December 31, 2019 Using
(in thousands)	Value		Level 1		Level 2		Level 3		Total
Financial assets
Cash and cash equivalents	$	11,884	$	11,884					$	11,884
Time deposits in other financial institutions		2,970		2,979						2,979
Available-for-sale securities		545			$	545				545
Held-to-maturity securities		652				659				659
Loans held for sale		251					$	251		251
Loans receivable - net		281,568						285,831		285,831
Federal Home Loan Bank stock		6,482								n/a
Accrued interest receivable		690				690				690
Financial liabilities
Deposits	$	199,959	$	68,113	$	131,853				199,996
Federal Home Loan Bank advances		61,615				61,741				61,741
Advances by borrowers for taxes and insurance		231				231				231
Accrued interest payable		30				30				30
			Fair Value Measurements at
	Carrying		June 30, 2019 Using
(in thousands)	Value		Level 1		Level 2		Level 3		Total
Financial assets
Cash and cash equivalents	$	9,861	$	9,861					$	9,861
Term deposits in other financial institutions		6,962		6,963						6,963
Available-for-sale securities		1,045			$	1,045				1,045
Held-to-maturity securities		775				775				775
Loans receivable – net		280,969					$	285,700		285,700
Federal Home Loan Bank stock		6,482								n/a
Accrued interest receivable		758				758				758
Financial liabilities
Deposits	$	195,836	$	69,944	$	123,920			$	193,864
Federal Home Loan Bank advances		66,703				66,719				66,719
Advances by borrowers for taxes and insurance		763				763				763
Accrued interest payable		28				28				28