LOANS (Tables)

12 Months Ended

Jun. 30, 2022

Receivables [Abstract]

Schedule Of Loans And Lease Receivable

A summary of the balances of loans follows:

(Dollars in thousands)	June 30, 2022			June 30, 2021
Mortgage loans on real estate:
Residential:
1-4 family	$	141,073		$	139,687
Multi-family		14,310			15,868
Second mortgages and home equity lines of credit		1,970			2,454
Construction		375			-
Commercial		14,761			16,366
Total mortgage loans on real estate		172,489			174,375
Consumer loans:
Consumer		84			139
Home improvement		2,116			1,972
Total other loans		2,200			2,111
Total loans		174,689			176,486
Less: Allowance for loan losses		(1,747	)		(1,722	)
Net deferred loan fees		(349	)		(331	)
Loans, net	$	172,593		$	174,433

Schedule Of amount due from directors and other related parties

The following presents the activity in amount due from directors and other related parties for the years ended June 30, 2022 and 2021:

(Dollars in thousands)	June 30, 2022			June 30, 2021
Outstanding related party loans at July 1,	$	2,544		$	2,177
New Loans		1,211			1,385
Repayments		(708	)		(1,018	)
Outstanding related party loans at June 30,	$	3,047		$	2,544

Schedule Of Allowance For Loan Losses And Allocation Of The Allowance To Loan Segments

Activity in the allowance for loan losses and allocation of the allowance to loan segments follows:

(Dollars in thousands)	Residential Real Estate			Residential Real Estate Construction		Commercial Real Estate			Consumer			Unallocated		Total
Provision (credit) for loan losses:
Balance at June 30, 2021	$	1,262		$	-	$	279		$	58		$	123	$	1,722
Provision (credit) for loan losses		(39	)		3		(27	)		4			85		26
Loans charged-off		-			-		-			(1	)		-		(1	)
Recoveries		-			-		-			-			-		-
Balance at June 30, 2022	$	1,223		$	3	$	252		$	61		$	208	$	1,747
Balance at June 30, 2020	$	1,228		$	-	$	301		$	48		$	85	$	1,662
Provision (credit) for loan losses		34			-		(22	)		10			38		60
Loans charged-off		-			-		-			-			-		-
Recoveries		-			-		-			-			-		-
Balance at June 30, 2021	$	1,262		$	-	$	279		$	58		$	123	$	1,722
Allowance for loan losses:
June 30, 2022
Allowance for impaired loans	$	-		$	-	$	-		$	-		$	-	$	-
Allowance for non-impaired loans		1,223			3		252			61			208		1,747
Total allowance for loan losses	$	1,223		$	3	$	252		$	61		$	208	$	1,747
Impaired loans	$	-		$	-	$	-		$	-		$	-	$	-
Non-impaired loans		157,353			375		14,761			2,200			-		174,689
Total loans	$	157,353		$	375	$	14,761		$	2,200		$	-	$	174,689
June 30, 2021
Allowance for impaired loans	$	-		$	-	$	-		$	-		$	-	$	-
Allowance for non-impaired loans		1,262			-		279			58			123		1,722
Total allowance for loan losses	$	1,262		$	-	$	279		$	58		$	123	$	1,722
Impaired loans	$	-		$	-	$	-		$	-		$	-	$	-
Non-impaired loans		158,009			-		16,366			2,111			-		176,486
Total loans	$	158,009		$	-	$	16,366		$	2,111		$	-	$	176,486

Schedule Of Bank's Loans By Risk Ratings

The following table presents information on the Bank’s loans by risk ratings at June 30, 2022 and 2021:

	June 30, 2022				June 30, 2021
(Dollars in thousands)	Residential Real Estate		Commercial Real Estate		Residential Real Estate		Commercial Real Estate
Pass	$	157,728	$	14,761	$	158,009	$	14,342
Special mention		-		-		-		2,024
	$	157,728	$	14,761	$	158,009	$	16,366