SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND NATURE OF BUSINESS (Tables)

9 Months Ended

Mar. 31, 2022

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule Of Earnings (Loss) Per Share

The following table presents the factors used in the earnings (loss) per share calculation:

	Three Months Ended
Basic and diluted	March 31, 2022
Net loss	$	(828,000	)
Weighted average common shares outstanding		5,724,552
Less: Average unallocated ESOP shares		(224,380	)
Average shares		5,500,173
Basic and diluted earnings per common share	$	(0.15	)