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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2022
Jun. 30, 2021
INTEREST INCOME    
Loans receivable, including fees $ 20,693 $ 23,390
Securities 4,555 2,093
Other 250 306
Total interest income 25,498 25,789
INTEREST EXPENSE    
Deposits 1,744 3,153
Borrowings 770 1,153
Total interest expense 2,514 4,306
Net interest income 22,984 21,483
(Recovery) provision for loan losses (20) 133
NET INTEREST INCOME AFTER (RECOVERY) PROVISION FOR LOAN LOSSES 23,004 21,350
OTHER INCOME    
Service fees 863 785
Net gain on sale of other real estate owned 18 206
Net gain on sale of securities 62 36
Earnings on bank-owned life insurance 1,038 473
Unrealized loss on equity securities (242)  
Net (loss) gain on disposition of premises and equipment (7) 495
Other 343 373
Total other income 2,075 2,368
OTHER EXPENSES    
Salaries and employee benefits 11,482 10,282
Occupancy and equipment 2,759 2,912
Data processing 1,744 1,795
Professional fees 1,154 1,064
Amortization of intangible assets 225 255
(Gain) loss on lease abandonment (117) 162
Prepayment penalties 460 161
Other 2,567 2,361
Total other expense 20,274 18,992
Income before income taxes 4,805 4,726
Income tax expense 568 947
NET INCOME $ 4,237 $ 3,779
Basic earnings per share $ 0.30 $ 0.26
Diluted earnings per share $ 0.30 $ 0.26