XML 14 R4.htm IDEA: XBRL DOCUMENT v3.24.0.1
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2023
Dec. 31, 2022
INTEREST INCOME        
Loans receivable, including fees $ 6,194 $ 5,666 $ 12,333 $ 10,963
Securities 1,700 1,707 3,411 3,364
Other 169 187 330 316
Total interest income 8,063 7,560 16,074 14,643
INTEREST EXPENSE        
Deposits 3,220 974 5,950 1,483
Borrowings 632 550 1,169 883
Total interest expense 3,852 1,524 7,119 2,366
Net interest income 4,211 6,036 8,955 12,277
Provision for credit losses 25   30  
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES 4,186 6,036 8,925 12,277
OTHER INCOME        
Service fees 225 209 440 420
Net gain on sale of securities 85   85  
Earnings on bank-owned life insurance 309 274 603 547
Net gain on disposition of premises and equipment   300   299
Unrealized gain (loss) on equity securities 148 54 221 (219)
Other 61 65 129 137
Total other income 828 902 1,478 1,184
OTHER EXPENSES        
Salaries and employee benefits 2,861 3,222 5,796 6,463
Occupancy and equipment 728 907 1,488 1,695
Data processing 504 472 998 903
Professional fees 192 258 402 521
Amortization of intangible assets 41 49 82 97
Other 745 752 1,530 1,544
Total other expense 5,071 5,660 10,296 11,223
(Loss) income before income taxes (57) 1,278 107 2,238
Income tax (benefit) expense (68) 217 (83) 150
NET INCOME $ 11 $ 1,061 $ 190 $ 2,088
Basic earnings per share (in dollars per share)   $ 0.08 $ 0.02 $ 0.16
Diluted earnings per share (in dollars per share)   $ 0.08 $ 0.02 $ 0.16