Reconciliation of Beginning and Ending Balances of Recurring Fair Value Measurements Recognized in Accompanying Balance Sheet

The following is a reconciliation of the beginning and ending balances of recurring fair value measurements recognized in the accompanying balance sheet using significant unobservable (Level 3) inputs:


	State and Political Subdivision
Balance, July 1, 2021	$	—

Transfers into Level 3		1,110
Transfers out of Level 3		—
Total realized and unrealized gains and losses included in net income		—
Purchases		1,552
Sales		—
Settlements		—

Balance, June 30, 2022		2,662

Transfers into Level 3		—
Transfers out of Level 3		—
Total realized and unrealized gains and losses included in net income		—
Purchases		—
Sales		—
Settlements		(301	)

Balance, June 30, 2023	$	2,361

Total gains or losses for the period included in net income attributable to the change in unrealized gains or losses related to assets and liabilities still held at the reporting date	$	—


	Mortgage Servicing Rights
Balance, July 1, 2021	$	1,013

Total realized and unrealized gains and losses included in net income		426
Servicing rights that result from asset transfers		287
Payments received and loans refinanced		(263	)

Balance, June 30, 2022		1,463

Total realized and unrealized gains and losses included in net income		101
Servicing rights that result from asset transfers		89
Payments received and loans refinanced		(171	)

Balance, June 30, 2023	$	1,482

Total gains or losses for the period included in net income attributable to the change in unrealized gains or losses related to assets and liabilities still held at the reporting date	$	101

Estimated Fair Values of Financial Instruments and Level within Fair Value Hierarchy in which Fair Value Measurements Fall


			Fair Value Measurements Using
	Carrying Amount		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
June 30, 2023:
Financial assets
Cash and cash equivalents	$	10,988	$	10,988	$	—	$	—
Interest-bearing time deposits in banks		1,250		1,250		—		—
Loans, net of allowance for credit losses		587,457		—		—		564,432
Federal Home Loan Bank stock		3,127		—		3,127		—
Accrued interest receivable		2,781		—		2,781		—

Financial liabilities
Deposits		735,314		—		451,718		282,351
Repurchase agreements		10,787		—		10,787		—
Federal Home Loan Bank advances		19,500		—		19,382		—
Advances from borrowers for taxes and insurance		1,233		—		1,233		—
Accrued interest payable		1,666		—		1,666		—
Unrecognized financial instruments (net of contract amount)
Commitments to originate loans		—		—		—		—


	Carrying Amount		Fair Value Measurements Using Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
June 30, 2022:
Financial assets
Cash and cash equivalents	$	75,811	$	75,811	$	—	$	—
Interest-bearing time deposits in banks		1,500		1,500		—		—
Loans, net of allowance for loan losses		518,931		—		—		512,643
Federal Home Loan Bank stock		3,142		—		3,142		—
Accrued interest receivable		2,023		—		2,023		—

Financial liabilities
Deposits		752,020		—		501,544		250,650
Repurchase agreements		9,244		—		9,244		—
Federal Home Loan Bank advances		15,000		—		14,903		—
Advances from borrowers for taxes and insurance		503		—		503		—
Accrued interest payable		176		—		176		—
Unrecognized financial instruments (net of contract amount)
Commitments to originate loans		—		—		—		—