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Statements of Changes in Stockholders' Equity (Unaudited) - USD ($)
Common Stock
Capital in Excess of Par Value
Accumulated Other Comprehensive (Loss) Gain
Retained Earnings
Treasury Stock
Unearned ESOP Shares
Total
Balances at Jun. 30, 2022 $ 1,043,291 $ 23,104,693 $ (1,932) $ 18,679,857 $ (6,038,691) $ (4,687,604) $ 32,099,614
Balances (in Shares) at Jun. 30, 2022 2,702,633       427,241    
Net income       2,781,596     2,781,596
Other comprehensive income, net of tax     1,555       1,555
Total comprehensive income             2,783,151
Stock-based compensation   164,752         164,752
Dividends paid on common stock       (244,635)     (244,635)
Balances at Mar. 31, 2023 $ 1,043,291 23,269,445 (377) 21,216,818 $ (6,038,691) (4,687,604) 34,802,882
Balances (in Shares) at Mar. 31, 2023 2,702,633       427,241    
Balances at Dec. 31, 2022 $ 1,043,291 23,207,870 (1,017) 20,594,165 $ (6,038,691) (4,687,604) 34,118,014
Balances (in Shares) at Dec. 31, 2022 2,702,633       427,241    
Net income       867,288     867,288
Other comprehensive income, net of tax     640       640
Total comprehensive income             867,928
Stock-based compensation   61,575         61,575
Dividends paid on common stock       (244,635)     (244,635)
Balances at Mar. 31, 2023 $ 1,043,291 23,269,445 (377) 21,216,818 $ (6,038,691) (4,687,604) 34,802,882
Balances (in Shares) at Mar. 31, 2023 2,702,633       427,241    
Balances at Jun. 30, 2023 $ 1,043,291 23,283,245 (2,429) 21,867,720 $ (6,038,691) (4,273,378) $ 35,879,758
Balances (in Shares) at Jun. 30, 2023 2,702,633       427,241   2,702,633
Net income       3,921,844     $ 3,921,844
Other comprehensive income, net of tax     7,568       7,568
Total comprehensive income             3,929,412
Stock options exercised   316,007     $ 188,206   $ 504,213
Stock options exercised (in Shares) 30,125       (30,125)   30,125
Stock-based compensation   206,575         $ 206,575
Dividends paid on common stock       (1,178,008)     (1,178,008)
Balances at Mar. 31, 2024 $ 1,043,291 23,805,827 5,139 24,611,556 $ (5,850,485) (4,273,378) $ 39,341,950
Balances (in Shares) at Mar. 31, 2024 2,732,758       397,116   2,732,758
Balances at Dec. 31, 2023 $ 1,043,291 23,448,890 2,988 24,015,739 $ (6,013,701) (4,273,378) $ 38,223,829
Balances (in Shares) at Dec. 31, 2023 2,706,633       423,241    
Net income       1,031,930     1,031,930
Other comprehensive income, net of tax     2,151       2,151
Total comprehensive income             1,034,081
Stock options exercised   281,517     $ 163,216   444,733
Stock options exercised (in Shares) 26,125       (26,125)    
Stock-based compensation   75,420         75,420
Dividends paid on common stock       (436,113)     (436,113)
Balances at Mar. 31, 2024 $ 1,043,291 $ 23,805,827 $ 5,139 $ 24,611,556 $ (5,850,485) $ (4,273,378) $ 39,341,950
Balances (in Shares) at Mar. 31, 2024 2,732,758       397,116   2,732,758