Note 9 - Loans and Related Allowance for Loan Losses (Tables)

6 Months Ended

Dec. 31, 2021

Notes Tables

Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

	December 31, 2021							June 30, 2021
	Total Loans			Individually evaluated for impairment		Collectively evaluated for impairment		Total Loans			Individually evaluated for impairment		Collectively evaluated for impairment
	(Dollars in Thousands)
First mortgage loans:
1 – 4 family dwellings	$	63,431		$	-	$	63,431	$	67,410		$	-	$	67,410
Construction		3,151			-		3,151		2,612			-		2,612
Land acquisition & development		670			-		670		666			-		666
Multi-family dwellings		3,334			-		3,334		3,469			-		3,469
Commercial		4,929			-		4,929		3,939			-		3,939
Consumer Loans
Home equity		1,991			-		1,991		1,340			-		1,340
Home equity lines of credit		1,301			-		1,301		1,508			-		1,508
Other		21			-		21		27			-		27
Commercial Loans		-			-		-		-			-		-
	$	78,828		$	-	$	78,828	$	80,971		$	-	$	80,971
Plus: Deferred loan costs		227							278
Allowance for loan losses		(529	)						(565	)
Total	$	78,526						$	80,684

Financing Receivable, Nonaccrual [Table Text Block]

	Three Months Ended				Six Months Ended
	December 31, 2021		December 31, 2020		December 31, 2021		December 31, 2020
	(Dollars in Thousands)
Average nonaccrual loans
1 – 4 family dwellings	$	-	$	-	$	-	$	-
Construction		-		-		-		-
Land acquisition & development		-		-		-		-
Commercial real estate		-		-		-		-
Home equity lines of credit		-		-		-		-
Total	$	-	$	-	$	-	$	-
Income that would have been recognized	$	-	$	-	$	-	$	-
Interest income recognized	$	-	$	-	$	-	$	-
Interest income foregone	$	-	$	-	$	-	$	-

Financing Receivable, Past Due [Table Text Block]

	Current		30 – 59 Days Past Due		60 – 89 Days Past Due		90 Days + Past Due Accruing		90 Days + Past Due Non-accrual		Total Past Due		Total Loans
	(Dollars in Thousands)
December 31, 2021
First mortgage loans:
1 – 4 family dwellings	$	63,431	$	-	$	-	$	-	$	-	$	-	$	63,431
Construction		3,151		-		-		-		-		-		3,151
Land acquisition & development		670		-		-		-		-		-		670
Multi-family dwellings		3,334		-		-		-		-		-		3,334
Commercial		4,929		-		-		-		-		-		4,929
Consumer Loans:
Home equity		1,991		-		-		-		-		-		1,991
Home equity lines of credit		1,301		-		-		-		-		-		1,301
Other		21		-		-		-		-		-		21
Commercial Loans		-		-		-		-		-		-		-
	$	78,828	$	-	$	-	$	-	$	-	$	-	$	78,828
Deferred loan costs														227
Allowance for loan losses														(529	)
Net Loans Receivable													$	78,526

	Current		30 – 59 Days Past Due		90 Days + Past Due Accruing		90 Days + Past Due Non-accrual		Total Past Due		Total Loans
	(Dollars in Thousands)
June 30, 2021
First mortgage loans:
1 – 4 family dwellings	$	67,410	$	-	$	-	$	-	$	-	$	67,410
Construction		2,612		-		-		-		-		2,612
Land acquisition & development		666		-		-		-		-		666
Multi-family dwellings		3,469		-		-		-		-		3,469
Commercial		3,939		-		-		-		-		3,939
Consumer Loans
Home equity		1,340		-		-		-		-		1,340
Home equity lines of credit		1,508		-		-		-		-		1,508
Other		27		-		-		-		-		27
Commercial Loans		-		-		-		-		-		-
	$	80,971	$	-	$	-	$	-	$	-	$	80,971
Deferred loan costs												278
Allowance for loan losses												(565	)
Net Loans Receivable											$	80,684

Financing Receivable Credit Quality Indicators [Table Text Block]

	December 31, 2021
	Construction		Land Acquisition & Development Loans		Multi-family Residential		Commercial Real Estate		Commercial
	(Dollars in Thousands)
Pass	$	3,151	$	670	$	3,334	$	4,929	$	-
Special Mention		-		-		-		-		-
Substandard		-		-		-		-		-
Doubtful		-		-		-		-		-
Ending Balance	$	3,151	$	670	$	3,334	$	4,929	$	-

	June 30, 2021
	Construction		Land Acquisition & Development Loans		Multi-family Residential		Commercial Real Estate		Commercial
	(Dollars in Thousands)
Pass	$	2,612	$	666	$	3,469	$	3,939	$	-
Special Mention		-		-		-		-		-
Substandard		-		-		-		-		-
Doubtful		-		-		-		-		-
Ending Balance	$	2,612	$	666	$	3,469	$	3,939	$	-

Schedule of Participating Mortgage Loans [Table Text Block]

	December 31, 2021
	1 – 4 Family		Consumer
	(Dollars in Thousands)
Performing	$	63,431	$	3,313
Non-performing		-		-
Total	$	63,431	$	3,313

	June 30, 2021
	1 – 4 Family		Consumer
	(Dollars in Thousands)
Performing	$	67,410	$	2,875
Non-performing		-		-
Total	$	67,410	$	2,875

Financing Receivable, Allowance for Credit Loss [Table Text Block]

	As of December 31, 2021
	First Mortgage Loans
	1 – 4 Family			Construction		Land Acquisition & Development			Multi- family			Commercial			Consumer Loans			Commercial Loans		Total
	(Dollars in Thousands)
Beginning ALLL Balance at September 30, 2021	$	372		$	34	$	21		$	23		$	65		$	36		$	-	$	551
Charge-offs		-			-		-			-			-			-			-		-
Recoveries		-			-		-			-			-			-			-		-
Provisions		(30	)		15		(1	)		(2	)		(3	)		(1	)		-		(22	)
Ending ALLL Balance at December 31, 2021	$	342		$	49	$	20		$	21		$	62		$	35		$	-	$	529
Individually evaluated for impairment	$	-		$	-	$	-		$	-		$	-		$	-		$	-	$	-
Collectively evaluated for impairment		342			49		20			21			62			35			-		529
	$	342		$	49	$	20		$	21		$	62		$	35		$	-	$	529

	As of December 31, 2021
	First Mortgage Loans
	1 – 4 Family			Construction			Land Acquisition & Development		Multi- family			Commercial		Consumer Loans		Commercial Loans		Total
	(Dollars in Thousands)
Beginning ALLL Balance at June 30, 2021	$	389		$	50		$	11	$	24		$	59	$	32	$	-	$	565
Charge-offs		-			-			-		-			-		-		-		-
Recoveries		-			-			-		-			-		-		-		-
Provisions		(47	)		(1	)		9		(3	)		3		3		-		(36	)
Ending ALLL Balance at December 31, 2021	$	342		$	49		$	20	$	21		$	62	$	35	$	-	$	529
Individually evaluated for impairment	$	-		$	-		$	-	$	-		$	-	$	-	$	-	$	-
Collectively evaluated for impairment		342			49			20		21			62		35		-		529
	$	342		$	49		$	20	$	21		$	62	$	35	$	-	$	529

	December 31, 2020
	First Mortgage Loans
	1 – 4 Family			Construction			Land Acquisition & Development			Multi- family			Commercial			Consumer Loans		Commercial Loans		Total
	(Dollars in Thousands)
Beginning ALLL Balance at September 30, 2020	$	454		$	36		$	7		$	26		$	64		$	30	$	2	$	619
Charge-offs		-			-			-			-			-			-		-		-
Recoveries		-			-			-			-			-			-		-		-
Provisions		(8	)		(2	)		(1	)		(1	)		(2	)		6		-		(8	)
Ending ALLL Balance at December 31, 2020	$	446		$	34		$	6		$	25		$	62		$	36	$	2	$	611
Individually evaluated for impairment	$	-		$	-		$	-		$	-		$	-		$	-	$	-	$	-
Collectively evaluated for impairment		446			34			6			25			62			36		2		611
	$	446		$	34		$	6		$	25		$	62		$	36	$	2	$	611

	As of December 31, 2020
	First Mortgage Loans
	1 – 4 Family			Construction			Land Acquisition & Development		Multi- family			Commercial			Consumer Loans		Commercial Loans		Total
	(Dollars in Thousands)
Beginning ALLL Balance at June 30, 2020	$	449		$	38		$	6	$	26		$	66		$	32	$	1	$	618
Charge-offs		-			-			-		-			-			-		-		-
Recoveries		-			-			-		-			-			-		-		-
Provisions		(3	)		(4	)		-		(1	)		(4	)		4		1		(7	)
Ending ALLL Balance at December 31, 2020	$	446		$	34		$	6	$	25		$	62		$	36	$	2	$	611
Individually evaluated for impairment	$	-		$	-		$	-	$	-		$	-		$	-	$	-	$	-
Collectively evaluated for impairment		446			34			6		25			62			36		2		611
	$	446		$	34		$	6	$	25		$	62		$	36	$	2	$	611