Fair Value Disclosures (Tables)

12 Months Ended

Jun. 30, 2025

Fair Value Disclosures [Abstract]

Carrying Amount and Estimated Fair Values of Financial Instruments

At June 30, 2025 and 2024, the carrying amount and estimated fair values of the Company’s financial instruments were as follows:

	June 30, 2025
	Carrying		Estimated
	Value		Fair Value		Level 1		Level 2		Level 3
					(In Thousands)
Financial Assets
Cash and Cash Equivalents	$	17,347	$	17,347	$	17,347	$	-	$	-
Debt Securities Available-for-Sale		34,246		34,246		-		34,246		-
Securities Held-to-Maturity		61,334		51,139		-		51,139		-
Other Securities		650		650		-		-		650
Loans Held-for-Sale		1,540		1,540		-		1,540		-
Loans Receivable, Net		461,004		440,812		-		-		440,812
Financial Liabilities
Deposits	$	546,290	$	544,944	$	-	$	544,944	$	-
Other Borrowings		4,000		4,000		-		4,000		-

	June 30, 2024
	Carrying		Estimated
	Value		Fair Value		Level 1		Level 2		Level 3
					(In Thousands)
Financial Assets
Cash and Cash Equivalents	$	34,948	$	34,948	$	34,948	$	-	$	-
Debt Securities Available-for-Sale		27,037		27,037		-		27,037		-
Securities Held-to-Maturity		67,302		54,450		-		54,450		-
Other Securities		1,614		1,614		-		-		1,614
Loans Held-for-Sale		1,733		1,733		-		1,733		-
Loans Receivable, Net		470,852		437,845		-		-		437,845
Financial Liabilities
Deposits	$	574,007	$	572,159	$	-	$	572,159	$	-
Other Borrowings		7,000		7,000		-		7,000		-

Fair Values of Assets and Liabilities Measured on a Recurring Basis

Fair values of assets and liabilities measured on a recurring basis at June 30, 2025 and 2024 are as follows:

	Fair Value Measurements
June 30, 2025	(Level 1)		(Level 2)		(Level 3)		Total
	(In Thousands)
Available-for-Sale
Debt Securities
FHLMC	$	-	$	10,431	$	-	$	10,431
FNMA		-		17,961		-		17,961
GNMA		-		5,489		-		5,489
Municipal Bonds		-		365		-		365
Total	$	-	$	34,246	$	-	$	34,246

	Fair Value Measurements
June 30, 2024	(Level 1)		(Level 2)		(Level 3)		Total
	(In Thousands)
Available-for-Sale
Debt Securities
FHLMC	$	-	$	5,950	$	-	$	5,950
FNMA		-		15,474		-		15,474
GNMA		-		3,247		-		3,247
US Treasury Notes		-		2,000		-		2,000
Municipal Bonds		-		366		-		366
Total	$	-	$	27,037	$	-	$	27,037

Assets and Liabilities Measured at Fair Value on a Non-Recurring Basis

The following tables present the Company’s assets and liabilities measured at fair value on a non-recurring basis at June 30, 2025 and 2024.

	Fair Value Measurements
June 30, 2025	(Level 1)		(Level 2)		(Level 3)		Total
	(In Thousands)
Assets:
Impaired Loans,
Net of Allowance	$	-	$	-	$	2,502	$	2,502
Other Real Estate Owned,
Net of Allowance	$	-	$	-	$	970	$	970
Total	$	-	$	-	$	3,472	$	3,472

	Fair Value Measurements
June 30, 2024	(Level 1)		(Level 2)		(Level 3)		Total
	(In Thousands)
Assets:
Impaired Loans,
Net of Allowance	$	-	$	-	$	1,970	$	1,970
Other Real Estate Owned,
Net of Allowance	$	-	$	-	$	418	$	418
Total	$	-	$	-	$	2,388	$	2,388