CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)		12 Months Ended
		Jun. 30, 2019	Jun. 30, 2018
INTEREST INCOME
Interest and fees on loans		$ 11,762,010	$ 8,346,477
Interest and dividends on investment securities		713,291	462,060
Interest on federal funds sold		44,953	11,447
Interest on deposits in banks		9,903	2,147
Total Interest Income		12,530,157	8,822,131
INTEREST EXPENSE
Interest on deposits		1,500,343	897,885
Interest on Federal Home Loan Bank borrowings		1,172,347	358,208
Interest on federal funds purchased		284	9
Total Interest Expense		2,672,974	1,256,102
Net interest income before provision for loan losses		9,857,183	7,566,029
Provision for loan losses			425,000
Net interest income after provision for loan losses		9,857,183	7,141,029
NON-INTEREST INCOME
Service fees on deposits		467,394	335,237
Service fees on loans		275,501	143,599
Gain on sales of mortgage loans		1,522,595	982,318
Income on sale of uninsured products		321,216	260,053
Gain (loss) on sale of other real estate owned		(23,265)	145,439
Other income		34,445	27,604
Total Non-Interest Income		2,597,886	1,894,250
NON-INTEREST EXPENSE
Compensation and benefits		7,425,235	5,735,563
Occupancy		1,930,238	1,414,888
Advertising		278,701	172,810
Data processing services		1,218,325	894,160
FDIC assessment		458,344	345,092
Cost of operations of other real estate owned		124,503	482,577
Insurance		160,881	122,403
Professional fees		427,483	278,836
Other expenses		885,762	616,684
Total Non-Interest Expenses		12,909,472	10,063,013
Loss before income taxes		(454,403)	(1,027,734)
Income tax (benefit)		(55,064)	(425,422)
NET LOSS		$ (399,339)	$ (602,312)
Basic loss per share	[1]	$ (0.15)
Diluted loss per share	[1]	$ (0.15)

[1] * Loss per share for the nine months ended June 30, 2018 is not applicable as no shares were outstanding for that period.