XML 13 R4.htm IDEA: XBRL DOCUMENT v3.22.2.2
Consolidated Statements of Operations - USD ($)
3 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Interest Income    
Loans $ 687,077 $ 680,752
Investment securities 194,217 78,086
Interest-bearing deposits and other 139,877 28,699
Total interest income 1,021,171 787,537
Interest Expense    
Deposits 71,213 94,527
Total interest expense 71,213 94,527
Net Interest Income 949,958 693,010
Net Interest Income After Provision for Loan Losses 949,958 693,010
Noninterest Income    
Bank owned life insurance 27,426 27,366
Other income 26,750 26,921
Total noninterest income 54,176 54,287
Noninterest Expense    
Salaries and employee benefits 385,518 356,336
Directors fees 35,000 52,000
Occupancy and equipment 50,582 47,872
Data processing fees 62,332 56,798
Franchise taxes 38,825 34,853
FDIC insurance premiums 9,900 8,200
Professional services 155,696 38,898
Other 85,034 80,981
Total noninterest expense 822,887 675,938
Income before income taxes 181,247 71,359
Provision for income taxes 26,470 7,419
Net Income $ 154,777 $ 63,940
Earnings per share-basic $ 0.10  
Earnings per share-diluted $ 0.10  
Weighted-average shares outstanding-basic 1,519,110  
Weighted-average shares outstanding-diluted 1,519,110