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Consolidated Statements of Net Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2021
Dec. 31, 2020
Interest and dividend income:        
Interest and fees on loans $ 1,640 $ 1,820 $ 3,294 $ 3,671
Interest and dividends on debt securities:        
Taxable 492 471 959 917
Tax exempt 120 142 243 285
Interest on short-term investments and certificates of deposit 16 11 33 22
Total interest and dividend income 2,268 2,444 4,529 4,895
Interest expense:        
Deposits 255 612 529 1,280
Short-term borrowings 2 16 6 38
Total interest expense 257 628 535 1,318
Net interest income 2,011 1,816 3,994 3,577
Provision for loan losses 10 15 25 30
Net interest income, after provision for loan losses 2,001 1,801 3,969 3,547
Non-interest income:        
Customer service fees 31 33 61 60
Income on bank-owned life insurance 75 73 149 145
Gain on sale of securities available for sale     48  
Other income 55 51 159 148
Total non-interest income 161 157 417 353
Non-interest expense:        
Salaries and employee benefits 1,167 1,174 2,147 2,098
Occupancy and equipment 208 202 418 394
Advertising 37 22 78 47
Data processing 91 86 171 170
Deposit insurance 21 22 43 43
Other general and administrative 372 248 691 510
Total non-interest expense 1,896 1,754 3,548 3,262
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest, Total 266 204 838 638
Provision for income taxes 32 (11) 132 44
Net income $ 234 $ 215 $ 706 $ 594