Loans (Tables)

9 Months Ended

Mar. 31, 2023

Loans and Leases Receivable Disclosure [Line Items]

Summary of loans by major category

A summary of loans by major category follows:

	Unaudited
	March 31, 2023		June 30, 2022
Commercial real estate	$	84,944,122	$	80,603,153
Commercial and industrial		7,210,087		8,778,723
Construction		7,520,505		10,582,488
One-to-four-family residential		60,572,746		51,890,948
Multi-family real estate		40,805,841		33,944,903
Consumer		3,143,433		2,100,259
Total loans		204,196,734		187,900,474
Deferred loan fees		(75,544)		(75,552)
Allowance for loan losses		(2,060,089)		(2,195,050)
Loans, net	$	202,061,101	$	185,629,872

Schedule of changes in the allowance for loan losses

	Commercial		Commercial				One-to-Four		MultiFamily
	Real Estate		and Industrial		Construction		Residential		Real Estate		Consumer		Unallocated		Total
March 31, 2023
Allowance for credit losses
Balance at beginning of year	$	1,591,644	$	32,701	$	55,029	$	263,951	$	233,371	$	601	$	17,753	$	2,195,050
Charge-offs		(136,753)		—		—		—		—		—		—		(136,753)
Recoveries		—		—		—		—		—		572		—		572
Provisions		109,130		(5,303)		(30,238)		(41,667)		(17,238)		(553)		(14,131)		—
Balance at September 30, 2022		1,564,021		27,398		24,791		222,284		216,133		620		3,622		2,058,869
Charge-offs		—		—		—		—		—		—		—		—
Recoveries		—		—		—		—		—		602		—		602
Provisions		(279,012)		(6,060)		(7,185)		(13,998)		(20,376)		(619)		327,250		—
Balance at December 31, 2022		1,285,009		21,338		17,606		208,286		195,757		603		330,872		2,059,471
Charge-offs		—		—		—		—		—		—		—		—
Recoveries		—		—		—		—		—		618		—		618
Provisions		(48,960)		(2,772)		(3,430)		1,822		62,340		(506)		(8,494)		—
Balance at end of period	$	1,236,049	$	18,566	$	14,176	$	210,108	$	258,097	$	715	$	322,378	$	2,060,089
Individually evaluated for impairment	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Collectively evaluated for impairment		1,236,049		18,566		14,176		210,108		258,097		715		322,378		2,060,089
Balance at end of period	$	1,236,049	$	18,566	$	14,176	$	210,108	$	258,097	$	715	$	322,378	$	2,060,089
Loans
Individually evaluated for impairment	$	—	$	—	$	—	$	119,883	$	—	$	—	$	—	$	119,883
Collectively evaluated for impairment		84,944,122		7,210,087		7,520,505		60,452,863		40,805,841		3,143,433		—		204,076,851
	$	84,944,122	$	7,210,087	$	7,520,505	$	60,572,746	$	40,805,841	$	3,143,433	$	—	$	204,196,734

	Commercial		Commercial				One-to-Four		MultiFamily
	Real Estate		and Industrial		Construction		Residential		Real Estate		Consumer		Unallocated		Total
June 30, 2022
Individually evaluated for impairment	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Collectively evaluated for impairment		1,591,644		32,701		55,029		263,951		233,371		601		17,753		2,195,050
Balance at end of period	$	1,591,644	$	32,701	$	55,029	$	263,951	$	233,371	$	601	$	17,753	$	2,195,050
Loans
Individually evaluated for impairment	$	—	$	—	$	—	$	193,385	$	—	$	—	$	—	$	193,385
Collectively evaluated for impairment		80,603,153		8,778,723		10,582,488		51,697,563		33,944,903		2,100,259				187,707,089
Balance at end of period	$	80,603,153	$	8,778,723	$	10,582,488	$	51,890,948	$	33,944,903	$	2,100,259	$	—	$	187,900,474

	Commercial		Commercial				One-to-Four		MultiFamily
March 31, 2022	Real Estate		and Industrial		Construction		Residential		Real Estate		Consumer		Unallocated		Total
Allowance for credit losses
Balance at beginning of period	$	1,036,301	$	157,533	$	59,649	$	409,395	$	134,216	$	4,896	$	384,192	$	2,186,182
Charge-offs		—		—		—		—		—		—		—		—
Recoveries		—		—		—		—		—		1,124		—		1,124
Provisions		187,549		(89,036)		(9,003)		(53,138)		(47,734)		(102)		11,464		—
Balance at September 30, 2021		1,223,850		68,497		50,646		356,257		86,482		5,918		395,656		2,187,306
Charge-offs		—		—		—		—		—		—		—		—
Recoveries		—		—		—		—		—		1,337		—		1,337
Provisions		64,577		(19,488)		(2,866)		(14,346)		34,871		(1,723)		(61,025)		—
Balance at December 31, 2021		1,288,427		49,009		47,780		341,911		121,353		5,532		334,631		2,188,643
Charge-offs		—		—		—		—		—		—		—		—
Recoveries		—		—		—		—		—		5,591		—		5,591
Provisions		29,398		(16,894)		(11,075)		(74,281)		93,651		(10,533)		(10,266)		—
Balance at end of period	$	1,317,825	$	32,115	$	36,705	$	267,630	$	215,004	$	590	$	324,365	$	2,194,234
Individually evaluated for impairment	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Collectively evaluated for impairment		1,317,825		32,115		36,705		267,630		215,004		590		324,365		2,194,234
Balance at end of period	$	1,317,825	$	32,115	$	36,705	$	267,630	$	215,004	$	590	$	324,365	$	2,194,234
Loans
Individually evaluated for impairment	$	—	$	—	$	—	$	195,186	$	—	$	—	$	—	$	195,186
Collectively evaluated for impairment		65,470,584		8,507,155		8,586,041		52,026,209		29,153,034		2,104,856		—		165,847,879
Balance at end of period	$	65,470,584	$	8,507,155	$	8,586,041	$	52,221,395	$	29,153,034	$	2,104,856	$	—	$	166,043,065

Summary of aging of the past due loans by loan class within the portfolio segments

	Still Accruing
	30-59 Days		60-89 Days		Over 90 Days		Nonaccrual
	Past Due		Past Due		Past Due		Balance
March 31, 2023
Commercial real estate	$	—	$	—	$	—	$	—
Commercial and industrial		—		—		—		—
Construction		—		—		—		—
One-to-four-family residential		28,574		—		—		—
Multi-family real estate		—		—		—		—
Consumer		—		—		—		—
Total	$	28,574	$	—	$	—	$	—

	Still Accruing
	30-59 Days		60-89 Days		Over 90 Days		Nonaccrual
	Past Due		Past Due		Past Due		Balance
June 30, 2022
Commercial real estate	$	—	$	—	$	—	$	—
Commercial and industrial		—		—		—		—
Construction		—		—		—		—
One-to-four-family residential		70,485		—		50,818		63,785
Multi-family real estate		—		—		—		—
Consumer		—		—		—		—
Total	$	70,485	$	—	$	50,818	$	63,785

Summary of individually impaired loans by class of loans

							For the Nine Months Ended
							March 31, 2023
			Unpaid				Average		Interest
	Recorded		Principal		Related		Recorded		Income
	Investment		Balance (1)		Allowance		Investment		Recognized
March 31, 2023
With no related allowance recorded
One-to-four-family residential		119,883		119,883		—		124,742		5,327
	$	119,883	$	119,883	$	—	$	124,742	$	5,327

							For the Nine Months Ended
							March 31, 2023
			Unpaid				Average		Interest
	Recorded		Principal		Related		Recorded		Income
	Investment		Balance (1)		Allowance		Investment		Recognized
With an allowance recorded
Commercial and industrial	$	—	$	—	$	—	$	—	$	—
One-to-four-family residential		—		—		—		—		—
Consumer		—		—		—		—		—
	$	—	$	—	$	—	$	—	$	—

(1) Represents the borrower's loan obligation, gross of any previously charged-off amounts.

							For the Year Ended
							June 30, 2022
			Unpaid				Average		Interest
	Recorded		Principal		Related		Recorded		Income
	Investment		Balance (1)		Allowance		Investment		Recognized
June 30, 2022
With no related allowance recorded
One-to-four-family residential	$	193,385	$	193,385	$	—	$	199,080	$	13,428
	$	193,385	$	193,385	$	—	$	199,080	$	13,428

							For the Year Ended
							June 30, 2022
			Unpaid				Average		Interest
	Recorded		Principal		Related		Recorded		Income
	Investment		Balance (1)		Allowance		Investment		Recognized
With an allowance recorded
Commercial and industrial	$	—	$	—	$	—	$	—	$	—
One-to-four-family residential		—		—		—		—		—
Consumer		—		—		—		—		—
	$	—	$	—	$	—	$	—	$	—

(1) Represents the borrower's loan obligation, gross of any previously charged-off amounts.

Commercial Real Estate And Commercial Portfolio

Loans and Leases Receivable Disclosure [Line Items]

Summary of credit quality information by loan portfolio

			Special Mention/
	Pass		Watch		Substandard		Doubtful		Total
March 31, 2023
Commercial real estate	$	84,944,122	$	—	$	—	$	—	$	84,944,122
Commercial and industrial		7,210,087		—		—		—		7,210,087
Construction		7,520,505		—		—		—		7,520,505
	$	99,674,714	$	—	$	—	$	—	$	99,674,714

			Special Mention/
	Pass		Watch		Substandard		Doubtful		Total
June 30, 2022
Commercial real estate	$	79,214,378	$	1,388,775	$	—	$	—	$	80,603,153
Commercial and industrial		8,778,723		—		—		—		8,778,723
Construction		10,582,488		—		—		—		10,582,488
	$	98,575,589	$	1,388,775	$	—	$	—	$	99,964,364

Residential Real Estate And Consumer Portfolio

Loans and Leases Receivable Disclosure [Line Items]

Summary of credit quality information by loan portfolio

	Performing		Nonperforming		Total
March 31, 2023
One-to-four-family residential	$	60,572,746	$	—	$	60,572,746
Multi-family real estate		40,805,841		—		40,805,841
Consumer		3,143,433		—		3,143,433
	$	104,522,020	$	—	$	104,522,020

	Performing		Nonperforming		Total
June 30, 2022
One-to-four-family residential	$	51,827,163	$	63,785	$	51,890,948
Multi-family real estate		33,944,903		—		33,944,903
Consumer		2,100,259		—		2,100,259
	$	87,872,325	$	63,785	$	87,936,110