IF Bancorp (IROQ) 10-Q 10 Nov 21 2022 Q1 Quarterly report Financial data

Cover Page

Cover Page - shares	3 Months Ended
	Sep. 30, 2021	Nov. 03, 2021
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Sep. 30, 2021
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q1
Trading Symbol	IROQ
Entity Registrant Name	IF Bancorp, Inc.
Entity Central Index Key	0001514743
Current Fiscal Year End Date	--06-30
Entity Current Reporting Status	Yes
Entity Filer Category	Non-accelerated Filer
Entity Common Stock, Shares Outstanding		3,253,876
Entity Interactive Data Current	Yes
Entity Shell Company	false
Entity Small Business	true
Entity Emerging Growth Company	false
Title of 12(b) Security	Common Stock
Security Exchange Name	NASDAQ
Entity Address, State or Province	IL
Entity Address, Address Line One	201 East Cherry Street
Entity Address, City or Town	Watseka
City Area Code	815
Local Phone Number	432-2476
Entity Tax Identification Number	45-1834449
Entity Incorporation, State or Country Code	MD
Entity File Number	001-35226
Entity Address, Postal Zip Code	60970

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2021	Jun. 30, 2021
Assets
Cash and due from banks	$ 28,461	$ 60,785
Interest-bearing demand deposits	450	1,950
Cash and cash equivalents	28,911	62,735
Interest-bearing time deposits in banks	2,250	2,250
Available-for-sale securities	199,809	189,891
Loans, net of allowance for loan losses of $6,470 and $6,599 at September 30, 2021 and June 30, 2021, respectively	506,283	513,371
Premises and equipment, net of accumulated depreciation of $8,864 and $8,695 at September 30, 2021 and June 30, 2021, respectively	9,663	9,793
Federal Home Loan Bank stock, at cost	4,198	4,198
Foreclosed assets held for sale, net	191	259
Accrued interest receivable	2,002	1,897
Bank-owned life insurance	9,124	9,339
Mortgage servicing rights	1,020	1,013
Deferred income taxes	1,923	1,697
Other	1,681	898
Total assets	767,055	797,341
Deposits
Demand	45,167	96,923
Savings, NOW and money market	330,479	308,741
Certificates of deposit	250,912	251,198
Brokered certificates of deposit	10,770	10,770
Total deposits	637,328	667,632
Repurchase agreements	6,703	6,245
Federal Home Loan Bank advances	25,000	25,000
Line of credit and other borrowings	3,000	3,000
Advances from borrowers for taxes and insurance	776	928
Accrued post-retirement benefit obligation	3,087	3,065
Accrued interest payable	187	199
Other	4,937	5,968
Total liabilities	681,018	712,037
Commitments and Contingencies
Stockholders' Equity
Common stock, $.01 par value per share, 100,000,000 shares authorized, 3,245,876 and 3,240,376 shares issued and outstanding at September 30, 2021 and June 30, 2021, respectively	32	32
Additional paid-in capital	49,837	49,619
Unearned ESOP shares, at cost, 187,639 and 192,450 shares at September 30, 2021 and June 30, 2021, respectively	(1,876)	(1,925)
Retained earnings	36,968	35,645
Accumulated other comprehensive income, net of tax	1,076	1,933
Total stockholders' equity	86,037	85,304
Total liabilities and stockholders' equity	$ 767,055	$ 797,341

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2021	Jun. 30, 2021
Statement of Financial Position [Abstract]
Allowance for loan losses	$ 6,470	$ 6,599
Premises and equipment, accumulated depreciation	$ 8,864	$ 8,695
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	3,245,876	3,240,376
Common stock, shares outstanding	3,245,876	3,240,376
Unearned ESOP shares	187,639	192,450

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Interest and Dividend Income
Interest and fees on loans	$ 5,283	$ 5,353
Securities:
Taxable	904	840
Tax-exempt	9	11
Federal Home Loan Bank dividends	29	34
Deposits with other financial institutions	26	27
Total interest and dividend income	6,251	6,265
Interest Expense
Deposits	563	1,235
Federal Home Loan Bank advances and repurchase agreements	97	123
Line of credit and other borrowings	19	19
Total interest expense	679	1,377
Net Interest Income	5,572	4,888
Provision (Credit) for Loan Losses	(127)	315
Net Interest Income After Provision for Loan Losses	5,699	4,573
Noninterest Income
Insurance commissions	187	160
Brokerage commissions	288	225
Net realized gains on sales of available-for-sale securities	0	204
Mortgage banking income, net	93	90
Gain on sale of loans	226	563
Bank-owned life insurance income, net	239	70
Other	344	257
Total noninterest income	1,545	1,751
Noninterest Expense
Compensation and benefits	3,023	2,877
Office occupancy	236	229
Equipment	516	423
Federal deposit insurance	46	44
Stationary, printing and office	28	33
Advertising	88	84
Professional services	105	100
Supervisory examinations	43	35
Audit and accounting services	76	73
Organizational dues and subscriptions	22	22
Insurance bond premiums	53	49
Telephone and postage	37	50
Loss (gain) on foreclosed assets, net	(13)	9
Other	430	453
Total noninterest expense	4,690	4,481
Income Before Income Tax	2,554	1,843
Provision for Income Tax	663	512
Net Income	$ 1,891	$ 1,331
Earnings Per Share:
Basic	$ 0.62	$ 0.44
Diluted	0.61	0.44
Dividends declared per common share	$ 0.175	$ 0.15
Customer Service Fees [Member]
Noninterest Income
Noninterest income	$ 86	$ 67
Other Service Charges and Fees [Member]
Noninterest Income
Noninterest income	$ 82	$ 115

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Statement of Comprehensive Income [Abstract]
Net Income	$ 1,891	$ 1,331
Other Comprehensive Income (Loss)
Unrealized appreciation (depreciation) on available-for-sale securities, net of taxes of $(340) and $58, for 2021 and 2020, respectively	(852)	147
Less: reclassification adjustment for realized gains included in net income, net of taxes of $0 and $58 for 2021 and 2020, respectively	0	146
Accumulated other comprehensive income (loss) before tax	(852)	1
Postretirement health plan amortization of transition obligation and prior service cost and change in net loss, net of taxes of $(2) and $1 for 2021 and 2020, respectively	(5)	1
Other comprehensive income (loss), net of tax	(857)	2
Comprehensive Income	$ 1,034	$ 1,333

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Comprehensive Income (Parenthetical) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Statement of Comprehensive Income [Abstract]
Unrealized appreciation (depreciation) on available-for-sale securities, tax	$ (340)	$ 58
Reclassification adjustment for realized gains included in net income, Tax	0	58
Postretirement health plan amortization of transition obligation and prior service cost and change in net loss, tax	$ (2)	$ 1

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands	Total	Common Stock [Member]	Additional Paid-In Capital [Member]	Unearned Esop Shares [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income (Loss) [Member]
Beginning Balance at Jun. 30, 2020	$ 82,564	$ 32	$ 49,239	$ (2,117)	$ 31,207	$ 4,203
Net income	1,331				1,331
Other comprehensive income (loss)	2					2
Dividends on common stock	(485)				(485)
Stock equity plan	31		31
ESOP shares earned	104		56	48
Ending Balance at Sep. 30, 2020	83,547	32	49,326	(2,069)	32,053	4,205
Beginning Balance at Jun. 30, 2021	85,304	32	49,619	(1,925)	35,645	1,933
Net income	1,891				1,891
Other comprehensive income (loss)	(857)					(857)
Dividends on common stock	(568)				(568)
Stock options exercised	116		116
Stock equity plan	42		42
ESOP shares earned	109		60	49
Ending Balance at Sep. 30, 2021	$ 86,037	$ 32	$ 49,837	$ (1,876)	$ 36,968	$ 1,076

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Stockholders' Equity (Parenthetical) - $ / shares	3 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Dividends declared per common share	$ 0.175	$ 0.15
ESOP shares earned, shares	4,811	4,811
Retained Earnings [Member]
Dividends declared per common share	$ 0.175	$ 0.15

Condensed Consolidated Statem_6

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Operating Activities
Net income	$ 1,891	$ 1,331
Items not requiring (providing) cash
Depreciation	169	169
Provision (credit) for loan losses	(127)	315
Amortization of premiums and discounts on securities	197	158
Deferred income taxes	116	(78)
Net realized gains on loan sales	(226)	(563)
Net realized gains on sales of available-for-sale securities	0	(204)
Loss (gain) on foreclosed assets held for sale	(13)	9
Bank-owned life insurance income, net	(239)	(70)
Originations of loans held for sale	(8,260)	(16,358)
Proceeds from sales of loans held for sale	8,895	17,457
ESOP compensation expense	109	104
Stock equity plan expense	158	31
Changes in
Accrued interest receivable	(105)	293
Other assets	(783)	45
Accrued interest payable	(12)	(116)
Post-retirement benefit obligation	15	18
Other liabilities	(1,599)	(1,343)
Net cash provided by operating activities	186	1,198
Investing Activities
Purchases of available-for-sale securities	(18,674)	(13,757)
Proceeds from the sales of available-for-sale securities	0	7,830
Proceeds from maturities and pay-downs of available-for-sale securities	7,367	7,076
Net change in loans	6,799	(9,544)
Purchase of premises and equipment	(39)	(57)
Proceeds from the sale of foreclosed assets	81	190
Purchase of Federal Home Loan Bank stock	0	(1,170)
Proceeds from settlement of bank-owned life insurance death claim	454	0
Net cash used in investing activities	(4,012)	(9,432)
Financing Activities
Net decrease in demand deposits, money market, NOW and savings accounts	(30,018)	(12,203)
Net increase (decrease) in certificates of deposit, including brokered certificates	(286)	12,234
Net increase (decrease) in advances from borrowers for taxes and insurance	(152)	287
Proceeds from Federal Home Loan Bank advances	0	72,000
Repayments of Federal Home Loan Bank advances	0	(82,500)
Net increase in repurchase agreements	458	645
Net cash used in financing activities	(29,998)	(9,537)
Net Decrease in Cash and Cash Equivalents	(33,824)	(17,771)
Cash and Cash Equivalents, Beginning of Period	62,735	33,467
Cash and Cash Equivalents, End of Period	28,911	15,696
Supplemental Cash Flows Information
Interest paid	691	1,493
Income taxes paid (net of refunds)	46	610
Dividends payable	568	485
Foreclosed assets acquired in settlement of loans	$ 0	$ 253

Basis of Financial Statement Pr

Basis of Financial Statement Presentation	3 Months Ended
	Sep. 30, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Financial Statement Presentation	Note 1: Basis of Financial Statement Presentation IF Bancorp, Inc., (“IF Bancorp” or the “Company”) is a Maryland corporation whose principal activity is the ownership and management of its wholly-owned subsidiary, Iroquois Federal Savings and Loan Association (“Iroquois Federal” or the “Association”). The unaudited condensed consolidated financial statements include the accounts of the Company, the Association, and the Association’s wholly owned subsidiary, L.C.I. Service Corporation. All significant intercompany accounts and transactions have been eliminated in consolidation. The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (GAAP) for interim financial reporting and with instructions for Form 10-Q S-X. 10-K COVID-19 The Company is subject to risks and uncertainties as a result of the COVID-19 COVID-19; COVID-19 Revenue Recognition Accounting Standards Codification (“ASC”) 606, Revenue from Contracts with Customers The majority of our revenue-generating transactions are not subject to ASC 606, including revenue generated from financial instruments, such as our loans, letters of credit and investments securities, as well as revenue related to our mortgage servicing activities and bank owned life insurance, as these activities are subject to other GAAP discussed elsewhere within our disclosures. Descriptions of our revenue-generating activities that are within the scope of ASC 606, and which are presented in our income statements as components of noninterest income are as follows: • Customer Service Fees - The Company generates revenue from fees charged for deposit account maintenance, overdrafts, wire transfers, and check fees. The revenue related to deposit fees is recognized at the time the performance obligation is satisfied. • Insurance Commissions - The Company’s insurance agency, Iroquois Insurance Agency, receives commissions on premiums of new and renewed business policies. Iroquois Insurance Agency records commission revenue on direct bill policies as the cash is received. For agency bill policies, Iroquois Insurance Agency retains its commission portion of the customer premium payment and remits the balance to the carrier. In both cases, the carrier holds the performance obligation. • Brokerage Commissions - The primary brokerage revenue is recorded at the beginning of each quarter through billing to customers based on the account asset size on the last day of the previous quarter. If a withdrawal of funds takes place, a prorated refund may occur; this is reflected within the same quarter as the original billing occurred. All performance obligations are met within the same quarter that the revenue is recorded. • Other - The Company generates revenue through service charges from the use of its ATM machines and interchange income from the use of Company issued credit and debit cards. The revenue is recognized at the time the service is used, and the performance obligation is satisfied.

New Accounting Pronouncements

New Accounting Pronouncements	3 Months Ended
	Sep. 30, 2021
Accounting Policies [Abstract]
New Accounting Pronouncements	Note 2: New Accounting Pronouncements In June 2016, the FASB issued ASU 2016-13, Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments available-for-sale 2016-13, 2016-13 2016-13

Stock-based Compensation

Stock-based Compensation	3 Months Ended
	Sep. 30, 2021
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-based Compensation	Note 3: Stock-based Compensation In connection with the conversion to stock form, the Association established an ESOP for the exclusive benefit of eligible employees (all salaried employees who have completed at least 1,000 then the remainder will be applied to principal. The loan is expected to be repaid over a period of up to 20 years. Shares purchased with the loan proceeds are held in a suspense account for allocation among participants as the loan is repaid. Contributions to the ESOP and shares released from the suspense account are allocated among participants in proportion to their compensation, relative to total compensation of all active participants. Participants will vest 100% in their accrued benefits under the employee stock ownership plan after six vesting years, with prorated vesting in years two through five. Vesting is accelerated upon retirement, death or disability of the participant or a change in control of the Association. Forfeitures will be reallocated to remaining plan participants. Benefits may be payable upon retirement, death, disability, separation from service, or termination of the ESOP. Since the Association’s annual contributions are discretionary, benefits payable under the ESOP cannot be estimated. Participants receive the shares at the end of employment. The Company is accounting for its ESOP in accordance with ASC Topic 718, Employers Accounting for Employee Stock Ownership Plans A summary of ESOP shares at September 30, 2021 and June 30, 2021 are as follows (dollars in thousands): September 30, 2021 June 30, 2021 Allocated shares 164,634 145,389 Shares committed for release 4,811 19,245 Unearned shares 187,639 192,450 Total ESOP shares 357,084 357,084 Fair value of unearned ESOP shares (1) $ 4,258 $ 4,388 (1) Based on closing price of $22.69 and $22.80 per share on September 30, 2021, and June 30, 2021, respectively. During the three months ended September 30, 2021 and 2020, no ESOP shares were paid to ESOP participants due to separation from service. The IF Bancorp, Inc. 2012 Equity Incentive Plan (the “Equity Incentive Plan”) was approved by stockholders in 2012. The purpose of the Equity Incentive Plan is to promote the long-term financial success of the Company and its Subsidiaries by providing a means to attract, retain and reward individuals who contribute to such success and to further align their interests with those of the Company’s stockholders. The Equity Incentive Plan authorizes the issuance or delivery to participants of up to 673,575 shares of the Company common stock pursuant to grants of incentive and non-qualified On December 10, 2013, 85,500 shares of restricted stock and 167,000 in stock options were awarded to senior officers and directors of the Association. These shares of restricted stock vest in equal installments over 10 years and the stock options vest in equal installments over 7 years. Vesting of both the restricted stock and options started in December 2014. On December 10, 2015, 16,900 shares of restricted stock were awarded to senior officers and directors of the Association. These shares of restricted stock vest in equal installments over 8 years, starting in December 2016. In the three months ended September 30, 2021, 1,500 shares of awarded and unvested restricted stock were forfeited. As of September 30, 2021, there were 91,550 shares of restricted stock and 314,125 stock option shares available for future grants under this plan. The following table summarizes stock option activity for the three months ended September 30, 2021 (dollars in thousands): Options Weighted-Average Exercise Price/Share Weighted-Average Aggregate Intrinsic Outstanding, June 30, 2021 153,143 $ 16.63 Granted — — Exercised 7,000 16.63 Forfeited — — Outstanding, September 30, 2021 146,143 $ 16.63 2.2 $ 886 (1) Exercisable, September 30, 2021 146,143 $ 16.63 2.2 $ 886 (1) (1) Based on closing price of $22.69 per share on September 30, 2021. Intrinsic value for stock options is defined as the difference between the current market value and the exercise price. There were no options granted during the three months ended September 30, 2021. No options vested during the three months ended September 30, 2021 and 2020. Stock-based compensation expense and related tax benefit was considered nominal for stock options for the three months ended September 30, 2021 and 2020. Compensation cost related to non-vested The following table summarizes non-vested Shares Weighted-Average Grant-Date Fair Value Balance, June 30, 2021 30,188 $ 16.79 Granted — — Forfeited 1,500 16.63 Earned and issued — — Balance, September 30, 2021 28,688 $ 16.79 The fair value of the restricted stock awards is amortized to compensation expense over the vesting period (ten years) and is based on the market price of the Company’s common stock at the date of grant multiplied by the number of shares granted that are expected to vest. At the date of grant the par value of the shares granted was recorded in equity as a credit to common stock and a debit to paid-in non-interest non-vested paid-in

Earnings Per Common Share ("EPS

Earnings Per Common Share ("EPS")	3 Months Ended
	Sep. 30, 2021
Earnings Per Share [Abstract]
Earnings Per Common Share ("EPS")	Note 4: Earnings Per Common Share (“EPS”) Basic and diluted earnings per common share are presented for the three-month periods ended September 30, 2021 and 2020. The factors used in the earnings per common share computation are as follows: Three Months Ended Three Months Ended Net income $ 1,891 $ 1,331 Basic weighted average shares outstanding 3,240,664 3,240,376 Less: Average unallocated ESOP shares (190,044 ) (209,289 ) Basic average shares outstanding 3,050,620 3,031,087 Diluted effect of restricted stock awards and stock options 63,995 10,101 Diluted average shares outstanding 3,114,615 3,041,188 Basic earnings per common share $ 0.62 $ 0.44 Diluted earnings per common share $ 0.61 $ 0.44

Securities

Securities	3 Months Ended
	Sep. 30, 2021
Investments, Debt and Equity Securities [Abstract]
Securities	Note 5: Securities The amortized cost and approximate fair value of securities, together with gross unrealized gains and losses, of securities are as follows: Amortized Gross Gross Fair Value Available-for-sale September 30, 2021: U.S. Treasury $ 991 $ 4 $ — $ 995 U.S. Government and federal agency 7,519 472 — 7,991 Mortgage-backed: GSE residential 177,066 3,549 (1,853 ) 178,762 Small Business Administration 10,872 85 (147 ) 10,810 State and political subdivisions 1,251 — — 1,251 $ 197,699 $ 4,110 $ (2,000 ) $ 199,809 June 30, 2021: U.S. Treasury $ 990 $ 6 $ — $ 996 U.S. Government and federal agency 7,522 517 — 8,039 Mortgage-backed: GSE residential 167,711 4,011 (1,307 ) 170,415 Small Business Administration 9,115 105 (30 ) 9,190 State and political subdivisions 1,251 — — 1,251 $ 186,589 $ 4,639 $ (1,337 ) $ 189,891 With the exception of Mortgage-backed GSE residential securities and Small Business Administration securities with a book value of approximately $177,066,000 and $10,872,000, respectively, and a market value of approximately $178,762,000 and $10,810,000, respectively, at September 30, 2021, the Company did not hold securities of any one issuer at September 30, 2021 with a book value that exceeded 10% of the Company’s total equity. All mortgage-backed securities at September 30, 2021, and June 30, 2021 were issued by GSEs. The amortized cost and fair value of available-for-sale Available-for-sale Securities Amortized Cost Fair Value Within one year $ — $ — One to five years 6,027 6,407 Five to ten years 6,765 6,883 After ten years 7,841 7,757 20,633 21,047 Mortgage-backed securities 177,066 178,762 Totals $ 197,699 $ 199,809 The carrying value of securities pledged as collateral to secure public deposits and for other purposes was $96,131,000 and $96,429,000 as of September 30, 2021 and June 30, 2021, respectively. The carrying value of securities sold under agreement to repurchase amounted to $6.7 million at September 30, 2021 and $6.2 million at June 30, 2021. At September 30, 2021, all $6.7 million of our repurchase agreements had an overnight maturity, and all were secured by U.S. Government, federal agency and GSE securities. The right of offset for a repurchase agreement resembles a secured borrowing, whereby the collateral pledged by the Company would be used to settle the fair value of the repurchase agreement should the Company be in default. The collateral is held by the Company in a segregated custodial account. In the event the collateral fair value falls below stipulated levels, the Company will pledge additional securities. The Company closely monitors collateral levels to ensure adequate levels are maintained. Gross gains of $0 and $204,000 and gross losses of $0 and $0 resulting from sales of available-for-sale Certain investments in debt securities are reported in the consolidated financial statements at an amount less than their historical cost. Total fair value of these investments at September 30, 2021 and June 30, 2021, was $90,661,000 and $85,118,000, respectively, which is approximately 45% and 45% of the Company’s available-for-sale The following table shows the Company’s gross unrealized investment losses and the fair value of the Company’s investments with unrealized losses that are not deemed to be other-than-temporarily impaired, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position at September 30, 2021 and June 30, 2021: Less Than 12 Months 12 Months or More Total Description of Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized September 30, 2021: Mortgage-backed: GSE residential $ 75,522 $ (1,604 ) $ 9,343 $ (249 ) $ 84,865 $ (1,853 ) Small Business Administration 5,796 (147 ) — — 5,796 (147 ) Total temporarily impaired securities $ 81,318 $ (1,751 ) $ 9,343 $ (249 ) $ 90,661 $ (2,000 ) June 30, 2021: Mortgage-backed: GSE residential $ 75,002 (1,259 ) 4,160 (48 ) 79,162 (1,307 ) Small Business Administration 5,956 (30 ) — — 5,956 (30 ) Total temporarily impaired securities $ 80,958 $ (1,289 ) $ 4,160 $ (48 ) $ 85,118 $ (1,337 ) The unrealized losses on the Company’s investment in residential mortgage-backed securities and state and political subdivisions at September 30, 2021 and June 30, 2021, were mostly the result of a decline in market value that was attributable to changes in interest rates and not credit quality, and the Company does not consider those investments to be other-than-temporarily impaired at September 30, 2021 and June 30, 2021.

Loans and Allowance for Loan Lo

Loans and Allowance for Loan Losses	3 Months Ended
	Sep. 30, 2021
Receivables [Abstract]
Loans and Allowance for Loan Losses	Note 6: Loans and Allowance for Loan Losses Classes of loans include: September 30, 2021 June 30, 2021 Real estate loans: One- $ 117,854 $ 117,435 Multi-family 97,211 104,433 Commercial 163,859 155,884 Home equity lines of credit 6,274 6,688 Construction 31,209 25,345 Commercial 88,962 103,088 Consumer 7,615 7,653 Total loans 512,984 520,526 Less: Unearned fees and discounts, net 231 556 Allowance for loan losses 6,470 6,599 Loans, net $ 506,283 $ 513,371 12 The Company had loans held for sale included in one- The Company believes that sound loans are a necessary and desirable means of employing funds available for investment. Recognizing the Company’s obligations to its depositors and to the communities it serves, authorized personnel are expected to seek to develop and make sound, profitable loans that resources permit and that opportunity affords. The Company maintains lending policies and procedures in place designed to focus our lending efforts on the types, locations, and duration of loans most appropriate for our business model and markets. The Company’s principal lending activity is the origination of one- Management reviews and approves the Company’s lending policies and procedures on a routine basis. Management routinely (at least quarterly) reviews our allowance for loan losses and reports related to loan production, loan quality, concentrations of credit, loan delinquencies and non-performing The Company’s policies and loan approval limits are established by the Board of Directors. The loan officers generally have authority to approve one- one- one- The Company conducts internal loan reviews that validate the loans against the Company’s loan policy quarterly for mortgage, consumer, and small commercial loans on a sample basis, and all larger commercial loans on an annual basis. The Association also receives independent loan reviews performed by a third party on larger commercial loans to be performed annually. In addition to compliance with our policy, the loan review process reviews the risk assessments made by our credit department, lenders and loan committees. Results of these reviews are presented to management, Audit Committee and the Board of Directors. The Company’s lending can be summarized into six primary areas; one- One- The Company offers one- non-conforming one- one- The Company offers USDA Rural Development loans which are originated and sold servicing released. The Company also offers FHA and VA loans that are originated through a nationwide wholesale lender. In addition, the Company also offers home equity loans that are secured by a second mortgage on the borrower’s primary or secondary residence. Home equity loans are generally underwritten using the same criteria used to underwrite one- As one- one- Commercial Real Estate and Multi-Family Real Estate Loans Commercial real estate mortgage loans are primarily secured by office buildings, owner-occupied businesses, strip mall centers, churches and farm loans secured by real estate. In underwriting commercial real estate and multi-family real estate loans, the Company considers a number of factors, which include the projected net cash flow to the loan’s debt service requirement, the age and condition of the collateral, the financial resources and income level of the borrower and the borrower’s experience in owning or managing similar properties. Personal guarantees are typically obtained from commercial real estate and multi-family real estate borrowers. In addition, the borrower’s financial information on such loans is monitored on an ongoing basis by requiring periodic financial statement updates. The repayment of these loans is primarily dependent on the cash flows of the underlying property. However, the commercial real estate loan generally must be supported by an adequate underlying collateral value. The performance and the value of the underlying property may be adversely affected by economic factors or geographical and/or industry specific factors. These loans are subject to other industry guidelines that are closely monitored by the Company. Home Equity Lines of Credit In addition to traditional one- one- Commercial Business Loans The Company originates commercial non-mortgage medium-sized The commercial business loan portfolio consists primarily of secured loans. When making commercial business loans, the Company considers the financial statements, lending history and debt service capabilities of the borrower, the projected cash flows of the business and the value of any collateral. The cash flows of the underlying borrower, however, may not perform consistently with historical or projected information. Further, the collateral securing loans may fluctuate in value due to individual economic or other factors. Loans are typically guaranteed by the principals of the borrower. The Company has established minimum standards and underwriting guidelines for all commercial loan types. Commercial business loans also include Small Business Administration (SBA) Paycheck Protection Program (PPP) loans which are covered by a 100% government guaranty. As of September 30, 2021, the Company had 165 PPP loans totaling $14.3 million. Real Estate Construction Loans The Company originates construction loans for one- Consumer Loans Consumer loans consist of installment loans to individuals, primarily automotive loans. These loans are underwritten utilizing the borrower’s financial history, including the Fair Isaac Corporation (“FICO”) Loan-to-value Loan Concentration The loan portfolio includes a concentration of loans secured by commercial real estate properties, including real estate construction loans, amounting to $280,257,000 and $274,892,000 as of September 30, 2021 and June 30, 2021, respectively. Generally, these loans are collateralized by multi-family and nonresidential properties. The loans are expected to be repaid from cash flows or from proceeds from the sale of the properties of the borrower. Purchased Loans and Loan Participations The Company’s loans receivable included purchased loans of $1,648,000 and $3,578,000 at September 30, 2021 and June 30, 2021, respectively. All of these purchased loans are secured by single family homes located out of our primary market area, primarily in the Midwest. The Company’s loans receivable also include commercial loan participations of $25,577,000 and $26,870,000 at September 30, 2021 and June 30, 2021, respectively, of which $8,542,000 and $9,718,000, at September 30, 2021 and June 30, 2021 were outside our primary market area. These participation loans are secured by real estate and other business assets. Allowance for Loan Losses The following tables present the balance in the allowance for loan losses and the recorded investment in loans based on portfolio segment and impairment method as of the three-month periods ended September 30, 2021 and 2020 and the year ended June 30, 2021: Three Months Ended September 30, 2021 Real Estate Loans One- to Four- Family Multi-Family Commercial Home Equity Allowance for loan losses: Balance, beginning of period $ 967 $ 1,674 $ 1,831 $ 67 Provision charged to expense 6 (112 ) 85 (4 ) Losses charged off — — — — Recoveries 1 — — — Balance, end of period $ 974 $ 1,562 $ 1,916 $ 63 Ending balance: individually evaluated for impairment $ — $ — $ — $ — Ending balance: collectively evaluated for impairment $ 974 $ 1,562 $ 1,916 $ 63 Loans: Ending balance $ 117,854 $ 97,211 $ 163,859 $ 6,274 Ending balance: individually evaluated for impairment $ 1,086 $ — $ — $ — Ending balance: collectively evaluated for impairment $ 116,768 $ 97,211 $ 163,859 $ 6,274 Three Months Ended September 30, 2021 (Continued) Construction Commercial Consumer Total Allowance for loan losses: Balance, beginning of period $ 258 $ 1,740 $ 62 $ 6,599 Provision charged to expense 63 (174 ) 9 (127 ) Losses charged off — — (10 ) (10 ) Recoveries — 5 2 8 Balance, end of period $ 321 $ 1,571 $ 63 $ 6,470 Ending balance: individually evaluated for impairment $ — $ — $ — $ — Ending balance: collectively evaluated for impairment $ 321 $ 1,571 $ 63 $ 6,470 Loans: Ending balance $ 31,209 $ 88,962 $ 7,615 $ 512,984 Ending balance: individually evaluated for impairment $ — $ 43 $ — $ 1,129 Ending balance: collectively evaluated for impairment $ 31,209 $ 88,919 $ 7,615 $ 511,855 Year Ended June 30, 2021 Real Estate Loans One- Multi-Family Commercial Home Equity Allowance for loan losses: Balance, beginning of year $ 1,044 $ 1,514 $ 1,706 $ 87 Provision charged to expense (64 ) 160 125 (20 ) Losses charged off (15 ) — — — Recoveries 2 — — — Balance, end of year $ 967 $ 1,674 $ 1,831 $ 67 Ending balance: individually evaluated for impairment $ — $ — $ — $ — Ending balance: collectively evaluated for impairment $ 967 $ 1,674 $ 1,831 $ 67 Loans: Ending balance $ 117,435 $ 104,433 $ 155,884 $ 6,688 Ending balance: individually evaluated for impairment $ 1,252 $ — $ — $ — Ending balance: collectively evaluated for impairment $ 116,183 $ 104,433 $ 155,884 $ 6,688 Year Ended June 30, 2021 (Continued) Construction Commercial Consumer Total Allowance for loan losses: Balance, beginning of year $ 240 $ 1,583 $ 60 $ 6,234 Provision charged to expense 18 611 14 844 Losses charged off — (473 ) (25 ) (513 ) Recoveries — 19 13 34 Balance, end of year $ 258 $ 1,740 $ 62 $ 6,599 Ending balance: individually evaluated for impairment $ — $ — $ — $ — Ending balance: collectively evaluated for impairment $ 258 $ 1,740 $ 62 $ 6,599 Loans: Ending balance $ 25,345 $ 103,088 $ 7,653 $ 520,526 Ending balance: individually evaluated for impairment $ — $ 46 $ — $ 1,298 Ending balance: collectively evaluated for impairment $ 25,345 $ 103,042 $ 7,653 $ 519,228 Three Months Ended September 30, 2020 Real Estate Loans One- Multi-Family Commercial Home Equity Allowance for loan losses: Balance, beginning of year $ 1,044 $ 1,514 $ 1,706 $ 87 Provision charged to expense 4 227 168 (5 ) Losses charged off (15 ) — — — Recoveries — — — — Balance, end of year $ 1,033 $ 1,741 $ 1,874 $ 82 Ending balance: individually evaluated for impairment $ — $ — $ — $ — Ending balance: collectively evaluated for impairment $ 1,033 $ 1,741 $ 1,874 $ 82 Loans: $ 125,574 $ 106,886 $ 157,096 $ 8,147 Ending balance $ 1,277 $ — $ — $ — Ending balance: individually evaluated for impairment $ 124,297 $ 106,886 $ 157,096 $ 8,147 Three Months Ended September 30, 2020 (Continued) Construction Commercial Consumer Total Allowance for loan losses: Balance, beginning of year $ 240 $ 1,583 $ 60 $ 6,234 Provision charged to expense (155 ) 61 15 315 Losses charged off — (29 ) (13 ) (57 ) Recoveries — 9 5 14 Balance, end of year $ 85 $ 1,624 $ 67 $ 6,506 Ending balance: individually evaluated for impairment $ — $ — $ — $ — Ending balance: collectively evaluated for impairment $ 85 $ 1,624 $ 67 $ 6,506 Loans: Ending balance $ 10,050 $ 109,182 $ 8,098 $ 525,033 Ending balance: individually evaluated for impairment $ — $ 55 $ 4 $ 1,336 Ending balance: collectively evaluated for impairment $ 10,050 $ 109,127 $ 8,094 $ 523,697 Management’s opinion as to the ultimate collectability of loans is subject to estimates regarding future cash flows from operations and the value of property, real and personal, pledged as collateral. These estimates are affected by changing economic conditions and the economic prospects of borrowers. The allowance for loan losses represents an estimate of the amount of losses believed inherent in our loan portfolio at the balance sheet date. The allowance calculation involves a high degree of estimation that management attempts to mitigate through the use of objective historical data where available. Loan losses are charged against the allowance for loan losses when management believes the uncollectibility of the loan balance is confirmed. Subsequent recoveries, if any, are credited to the allowance. Overall, we believe the reserve to be consistent with prior periods and adequate to cover the estimated losses in our loan portfolio. The Company’s methodology for assessing the appropriateness of the allowance for loan losses consists of two key elements: (1) specific allowances for estimated credit losses on individual loans that are determined to be impaired through the Company’s review for identified problem loans; and (2) a general allowance based on estimated credit losses inherent in the remainder of the loan portfolio. The specific allowance is measured by determining the present value of expected cash flows, the loan’s observable market value, or, for collateral-dependent loans, the fair value of the collateral adjusted for market conditions and selling expense. Factors used in identifying a specific problem loan include: (1) the strength of the customer’s personal or business cash flows; (2) the availability of other sources of repayment; (3) the amount due or past due; (4) the type and value of collateral; (5) the strength of the collateral position; (6) the estimated cost to sell the collateral; and (7) the borrower’s effort to cure the delinquency. In addition for loans secured by real estate, the Company also considers the extent of any past due and unpaid property taxes applicable to the property serving as collateral on the mortgage. The Company establishes a general allowance for loans that are not deemed impaired to recognize the inherent losses associated with lending activities, but which, unlike specific allowances, has not been allocated to particular problem assets. The general valuation allowance is determined by segregating the loans by loan category and assigning allowance percentages based on the Company’s historical loss experience, delinquency trends, and management’s evaluation of the collectability of the loan portfolio. In certain instances, the historical loss experience could be adjusted if similar risks are not inherent in the remaining portfolio. The allowance is then adjusted for qualitative factors that, in management’s judgment, affect the collectability of the portfolio as of the evaluation date. These qualitative factors may include: (1) Management’s assumptions regarding the minimal level of risk for a given loan category; (2) changes in lending policies and procedures, including changes in underwriting standards, and charge-off non-accrual re-evaluated Although the Company’s policy allows for a general valuation allowance on certain smaller-balance, homogenous pools of loans classified as substandard, the Company has historically evaluated every loan classified as substandard, regardless of size, for impairment as part of the review for establishing specific allowances. The Company’s policy also allows for general valuation allowance on certain smaller-balance, homogenous pools of loans which are loans criticized as special mention or watch. A separate general allowance calculation is made on these loans based on historical measured weakness, and which is no less than twice the amount of the general allowance calculated on the non-classified There have been no changes to the Company’s accounting policies or methodology from the prior periods. The Company categorizes loans into risk categories based on relevant information about the ability of borrowers to service their debt such as current financial information, historical payment experience, credit documentation, public information and current economic trends, among other factors. All loans are graded at inception of the loan. Subsequently, analyses are performed on an annual basis and grade changes are made as necessary. Interim grade reviews may take place if circumstances of the borrower warrant a more timely review. The Company utilizes an internal asset classification system as a means of reporting problem and potential problem loans. Under the Company’s risk rating system, the Company classifies problem and potential problem loans as “Watch,” “Substandard,” “Doubtful,” and “Loss.” The Company uses the following definitions for risk ratings: Pass – Watch – Substandard – Doubtful – Loss – Risk characteristics applicable to each segment of the loan portfolio are described as follows. Residential One- one- one- Commercial and Multi-family Real Estate: Construction Real Estate: Commercial: Consumer: The following tables present the credit risk profile of the Company’s loan portfolio based on rating category and payment activity: Real Estate Loans One- to Four- Multi-Family Commercial Home Equity Construction Commercial Consumer Total September 30, 2021 : Pass $ 116,337 $ 96,950 $ 162,821 $ 6,274 $ 31,209 $ 83,868 $ 7,615 $ 505,074 Watch 1,124 — 943 — — 5,051 — 7,118 Substandard 393 261 95 — — 43 — 792 Doubtful — — — — — — — — Loss — — — — — — — — Total $ 117,854 $ 97,211 $ 163,859 $ 6,274 $ 31,209 $ 88,962 $ 7,615 $ 512,984 Real Estate Loans One- to Four- Multi-Family Commercial Home Equity Construction Commercial Consumer Total June 30, 2021: Pass $ 116,980 $ 104,170 $ 154,833 $ 6,688 $ 25,345 $ 97,078 $ 7,652 $ 512,946 Watch — — 954 — — 5,964 1 6,919 Substandard 455 263 97 — — 46 — 861 Doubtful — — — — — — — — Loss — — — — — — — — Total $ 117,435 $ 104,433 $ 155,884 $ 6,688 $ 25,345 $ 103,088 $ 7,653 $ 520,526 The accrual of interest on loans is discontinued at the time the loan is 90 days past due unless the credit is well-secured and in process of collection. Past due status is based on contractual terms of the loan. In all instances, loans are placed on non-accrual All interest accrued but not collected for loans that are placed on non-accrual The following tables present the Company’s loan portfolio aging analysis: 30-59 Days 60-89 Days Past Due Greater Total Past Due Current Total Loans Total Loans September 30, 2021: Real estate loans: One- $ 962 $ 35 $ 34 $ 1,031 $ 116,823 $ 117,854 $ — Multi-family — — — — 97,211 97,211 — Commercial — — — — 163,859 163,859 — Home equity lines of credit — — — — 6,274 6,274 — Construction — — — — 31,209 31,209 — Commercial 9 — — 9 88,953 88,962 — Consumer 32 — — 32 7,583 7,615 — Total $ 1,003 $ 35 $ 34 $ 1,072 $ 511,912 $ 512,984 $ — 30-59 Days 60-89 Days Past Due Greater Total Past Due Current Total Loans Total Loans June 30, 2021: Real estate loans: One- $ 320 $ 52 $ 152 $ 524 $ 116,911 $ 117,435 $ 118 Multi-family — — — — 104,433 104,433 — Commercial 86 — — 86 155,798 155,884 — Home equity lines of credit 55 — — 55 6,633 6,688 — Construction — — — — 25,345 25,345 — Commercial 9 — — 9 103,079 103,088 — Consumer 6 — — 6 7,647 7,653 — Total $ 476 $ 52 $ 152 $ 680 $ 519,846 $ 520,526 $ 118 A loan is considered impaired, in accordance with the impairment accounting guidance (ASC 310-10-35-16), case-by-case Impairment is measured on a loan-by-loan The Company actively seeks to reduce its investment in impaired loans. The primary tools to work through impaired loans are settlements with the borrowers or guarantors, foreclosure of the underlying collateral, or restructuring. Included in certain loan categories in the impaired loans are $1.1 million in troubled debt restructurings that were classified as impaired. The following tables present impaired loans: Three Months Ended September 30, 2021 Recorded Unpaid Specific Average Investment Interest Income Interest on September 30, 2021: Loans without a specific valuation allowance Real estate loans: One- $ 1,086 $ 1,086 $ — $ 1,088 $ 5 $ 4 Multi-family — — — — — — Commercial — — — — — — Home equity line of credit — — — — — — Construction — — — — — — Commercial 43 43 — 44 1 1 Consumer — — — — — — Loans with a specific allowance Real estate loans: One- — — — — — — Multi-family — — — — — — Commercial — — — — — — Home equity line of credit — — — — — — Construction — — — — — — Commercial — — — — — — Consumer — — — — — — Total: Real estate loans: One- 1,086 1,086 — 1,088 5 4 Multi-family — — — — — — Commercial — — — — — — Home equity line of credit — — — — — — Construction — — — — — — Commercial 43 43 — 44 1 1 Consumer — — — — — — $ 1,129 $ 1,129 $ — $ 1,132 $ 6 $ 5 Year Ended June 30, 2021 Recorded Unpaid Specific Average Interest Interest on June 30, 2021: Loans without a specific valuation allowance Real estate loans: One- $ 1,252 $ 1,252 $ — $ 1,271 $ 67 $ 50 Multi-family — — — — — — Commercial — — — — — — Home equity line of credit — — — — — — Construction — — — — — — Commercial 46 46 — 265 19 23 Consumer — — — — — — Loans with a specific allowance Real estate loans: One- $ — $ — $ — $ — $ — $ — Multi-family — — — — — — Commercial — — — — — — Home equity line of credit — — — — — — Construction — — — — — — Commercial — — — — — — Consumer — — — — — — Total: Real estate loans: One- Multi-family $ 1,252 $ 1,252 $ — $ 1,271 $ 67 $ 50 Commercial — — — — — — Home equity line of credit — — — — — — Construction — — — — — — Commercial — — — — — — Consumer 46 46 — 265 19 23 — — — — — — $ 1,298 $ 1,298 $ — $ 1,536 $ 86 $ 73 Three Months Ended September 30, 2020 Recorded Unpaid Specific Average Interest Interest on September 30, 2020: Loans without a specific valuation allowance Real estate loans: One- $ 1,277 $ 1,277 $ — $ 1,283 $ 19 $ 17 Multi-family — — — — — — Commercial — — — — — — Home equity line of credit — — — — — — Construction — — — — — — Commercial 55 55 — 57 — — Consumer 4 4 — 5 — — Loans with a specific allowance Real estate loans: One- — — — — — — Multi-family — — — — — — Commercial — — — — — — Home equity line of credit — — — — — — Construction — — — — — — Commercial — — — — — — Consumer — — — — — — Total: Real estate loans: One- 1,277 1,277 — 1,283 19 17 Multi-family — — — — — — Commercial — — — — — — Home equity line of credit — — — — — — Construction — — — — — — Commercial 55 55 — 57 — — Consumer 4 4 — 5 — — $ 1,336 $ 1,336 $ — $ 1,345 $ 19 $ 17 Interest income recognized on impaired loans includes interest accrued and collected on the outstanding balances of accruing impaired loans as well as interest cash collections on non-accruing The following table presents the Company’s nonaccrual loans at September 30, 2021 and June 30, 2021: September 30, 2021 June 30, 2021 Mortgages on real estate: One- $ 34 $ 34 Multi-family — — Commercial — — Home equity lines of credit — — Construction loans — — Commercial business loans — — Consumer loans — — Total $ 34 $ 34 At September 30, 2021 and June 30, 2021, the Company had a number of loans that were modified in troubled debt restructurings (TDR’s) and impaired. The modification of terms of such loans included one or a combination of the following: an extension of maturity, a reduction of the stated interest rate or a permanent reduction of the recorded investment in the loan. The following table presents the recorded balance, at original cost, of troubled debt restructurings, as of September 30, 2021 and June 30, 2021. All TDRs were performing according to the terms of the restructuring as of September 30, 2021, and with the exception of a single one- September 30, 2021 June 30, 2021 Real estate loans One- $ 1,052 $ 1,218 Multi-family — — Commercial — — Home equity lines of credit — — Total real estate loans 1,052 1,218 Construction loans — — Commercial business loans 43 46 Consumer loans — — Total $ 1,095 $ 1,264 Modifications During the three month period ended September 30, 2021, one During the year ended June 30, 2021, no loans were modified. During the three month period ended September 30, 2020, no loans were modified. COVID-19 Under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) that was signed into law on March 27, 2020, certain COVID-19 COVID-19; COVID-19 TDRs with Defaults The Company had no TDRs in default and no restructured loans in foreclosure as of September 30, 2021. The Company had one TDR, a one- Specific loss allowances are included in the calculation of estimated future loss ratios, which are applied to the various loan portfolios for purposes of estimating future losses. Management considers the level of defaults within the various portfolios, as well as the current adverse economic environment and negative outlook in the real estate and collateral markets when evaluating qualitative adjustments used to determine the adequacy of the allowance for loan losses. We believe the qualitative adjustments more accurately reflect collateral values in light of the sales and economic conditions that we have recently observed. We may obtain physical possession of real estate collateralizing a residential mortgage loan or home equity loan via foreclosure or in-substance

Federal Home Loan Bank Stock

Federal Home Loan Bank Stock	3 Months Ended
	Sep. 30, 2021
Federal Home Loan Banks [Abstract]
Federal Home Loan Bank Stock	Note 7: Federal Home Loan Bank Stock Federal Home Loan Bank stock is a required investment for institutions that are members of the Federal Home Loan Bank system. The required investment in the common stock is based on a predetermined formula. The Company owned approximately $4,200,000 of Federal Home Loan Bank stock both as of September 30, 2021 and June 30, 2021. The FHLB provides liquidity and funding through advances.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income	3 Months Ended
	Sep. 30, 2021
Equity [Abstract]
Accumulated Other Comprehensive Income	Note 8: Accumulated Other Comprehensive Income The following tables present changes in accumulated other comprehensive income (loss), by component, net of tax, for the three months ended September 30, 2021 and 2020: Unrealized Gains Available-for-Sale Defined Total September 30, 2021: Beginning balance $ 2,361 $ (428 ) $ 1,933 Other comprehensive loss before reclassification (852 ) — (852 ) Amounts reclassified from accumulated other comprehensive income — — — Net current period other comprehensive loss — (5 ) (5 ) Ending balance $ 1,509 $ (433 ) $ 1,076 September 30, 2020: Beginning balance $ 4,865 $ (662 ) $ 4,203 Other comprehensive income before reclassification 147 — 147 Amounts reclassified from accumulated other comprehensive income (146 ) — (146 ) Net current period other comprehensive income — 1 1 Ending balance $ 4,866 $ (661 ) $ 4,205

Changes in Accumulated Other Co

Changes in Accumulated Other Comprehensive Income (AOCI) by Component	3 Months Ended
	Sep. 30, 2021
Text Block [Abstract]
Changes in Accumulated Other Comprehensive Income (AOCI) by Component	Note 9: Changes in Accumulated Other Comprehensive Income (AOCI) by Component Amounts reclassified from AOCI and the affected line items in the statements of income during the quarters ended September 30, 2021 and 2020, were as follows: Amounts Reclassified from AOCI 2021 2020 Affected Line Item in the Condensed Realized gains on available-for-sale $ — $ 204 Net realized gains on sale of available-for- sale securities Amortization of defined benefit pension items: Actuarial losses $ (7 ) $ 2 Components are included in computation of net periodic pension cost Total reclassified amount before tax $ (7 ) $ 206 Tax expense $ (2 ) $ 59 Provision for Income Tax Total reclassification out of AOCI $ (5 ) $ 147 Net Income

Income Taxes

Income Taxes	3 Months Ended
	Sep. 30, 2021
Income Tax Disclosure [Abstract]
Income Taxes	Note 10: Income Taxes A reconciliation of income tax e x Three Months Ended September 30, 2021 2020 Computed at the statutory rate $ 536 $ 387 Decrease resulting from Tax exempt interest (2 ) (2 ) Cash surrender value of life insurance (50 ) (14 ) State income taxes 178 134 Other 1 7 Actual expense $ 663 $ 512

Regulatory Capital

Regulatory Capital	3 Months Ended
	Sep. 30, 2021
Federal Home Loan Banks [Abstract]
Regulatory Capital	Note 11: Regulatory Capital The Association is subject to various regulatory capital requirements administered by the federal banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory and discretionary actions by regulators that if undertaken, could have a direct material effect on the Association’s financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Association must meet specific capital guidelines involving quantitative measures of the Association’s assets, liabilities and certain off-balance-sheet The Basel III regulatory capital framework (the “Basel III Capital Rules”) adopted by U.S. federal regulatory authorities, among other things, (i) establish the capital measure called “Common Equity Tier 1” (“CET1”), (ii) specify that Tier 1 capital consist of CET1 and “Additional Tier 1 Capital” instruments meeting stated requirements, (iii) define CET1 narrowly by requiring that most deductions/adjustments to regulatory capital measures be made to CET1 and not to the other components of capital and (iv) set forth the acceptable scope of deductions/adjustments to the specified capital measures. In addition, to avoid restrictions on capital distributions, including dividend payments and stock repurchases, or discretionary bonus payments to executives, a covered banking organization must maintain a “capital conservation buffer” of 2.5 percent on top of its minimum risk-based capital requirements. This buffer must consist solely of Tier 1 Common Equity and the buffer applies to all three measurements: Common Equity Tier 1, Tier 1 capital and total capital. As a result of the Economic Growth, Regulatory Relief, and Consumer Protection Act, the federal banking agencies were required to develop a “Community Bank Leverage Ratio” (the ratio of a bank’s tangible equity capital to average total consolidated assets) for financial institutions with assets of less than $10 billion. A “qualifying community bank” that exceeds this ratio will be deemed to be in compliance with all other capital and leverage requirements, including the capital requirements to be considered “well capitalized” under Prompt Corrective Action statutes. The federal banking agencies issued a final rule setting the Community Bank Leverage Ratio at 9%, effective with the quarter ended March 31, 2020. The rule also established a two-quarter As of September 30, 2021, the Association met all capital adequacy requirements to which it is subject and was categorized as well capitalized under the regulatory framework for prompt corrective action. There are no conditions or events that management believes have changed the Association’s prompt corrective action category.

Disclosures about Fair Value of

Disclosures about Fair Value of Assets	3 Months Ended
	Sep. 30, 2021
Fair Value Disclosures [Abstract]
Disclosures about Fair Value of Assets	Note 12: Disclosures About Fair Value of Assets Fair value is the price that would be received to sell an asset in an orderly transaction between market participants at the measurement date. Fair value measurements must maximize the use of observable inputs and minimize the use of unobservable inputs. There is a hierarchy of three levels of inputs that may be used to measure fair value: Level 1 Quoted prices in active markets for identical assets Level 2 Observable inputs other than Level 1 prices, such as quoted prices for similar assets; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets Level 3 Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets Recurring Measurements The following table presents the fair value measurements of assets recognized in the accompanying balance sheets measured at fair value on a recurring basis and the level within the fair value hierarchy in which the fair value measurements fall at September 30, 2021 and June 30, 2021: Fair Value Measurements Using Fair Value Quoted (Level 1) Significant (Level 2) Significant (Level 3) September 30, 2021: Available-for-sale U.S. Treasury $ 995 $ — $ 995 $ — U.S. Government and federal agency and Government sponsored enterprises (GSE’s) 7,991 — 7,991 — Mortgage-backed: GSE residential 178,762 — 178,762 — Small Business Administration 10,810 — 10,810 — State and political subdivisions 1,251 — 1,251 — Mortgage servicing rights 1,020 — — 1,020 Fair Value Measurements Using Fair Value Quoted (Level 1) Significant (Level 2) Significant (Level 3) June 30, 2021: Available-for-sale U.S. Treasury $ 996 $ — $ 996 $ — U.S. Government and federal agency and Government sponsored enterprises (GSE’s) 8,039 — 8,039 — Mortgage-backed: GSE residential 170,415 — 170,415 — Small Business Administration 9,190 — 9,190 — State and political subdivisions 1,251 — 1,251 — Mortgage servicing rights 1,013 — — 1,013 Following is a description of the valuation methodologies and inputs used for assets measured at fair value on a recurring basis and recognized in the accompanying balance sheets, as well as the general classification of such assets pursuant to the valuation hierarchy. There have been no significant changes in the valuation techniques during the period ended September 30, 2021. For assets classified within Level 3 of the fair value hierarchy, the process used to develop the reported fair value is described below. Available-for-sale Where quoted market prices are available in an active market, securities are classified within Level 1 of the valuation hierarchy. There were no Level 1 securities as of September 30, 2021 or June 30, 2021. If quoted market prices are not available, then fair values are estimated by using pricing models, quoted prices of securities with similar characteristics or discounted cash flows. For these investments, the inputs used by the pricing service to determine fair value may include one, or a combination of, observable inputs such as benchmark yields, reported trades, broker/dealer quotes, issuer spreads, two-sided Mortgage Servicing Rights Mortgage servicing rights do not trade in an active, open market with readily observable prices. Accordingly, fair value is estimated using discounted cash flow models. Due to the nature of the valuation inputs, mortgage servicing rights are classified within Level 3 of the hierarchy. Level 3 Reconciliation 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: Mortgage Balance, July 1, 2021 $ 1,013 Total realized and unrealized gains and losses included in net income (6 ) Servicing rights that result from asset transfers 65 Payments received and loans refinanced (52 ) Balance, September 30, 2021 $ 1,020 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 $ (6 ) Realized and unrealized gains and losses for items reflected in the table above are included in net income in the consolidated statements of income as noninterest income. Nonrecurring Measurements The following table presents the fair value measurement of assets measured at fair value on a nonrecurring basis and the level within the fair value hierarchy in which the fair value measurements fall at September 30, 2021 and June 30, 2021: Fair Value Measurements Using Fair Value Quoted Prices in (Level 1) Significant (Level 2) Significant (Level 3) September 30, 2021: Foreclosed assets $ — $ — $ — $ — June 30, 2021: Foreclosed assets $ 191 $ — $ — $ 191 The following table presents (losses)/recoveries recognized on assets measured on a non-recurring Three Months Ended September 30, 2021 2020 Foreclosed and repossessed assets held for sale $ — $ (30 ) Following is a description of the valuation methodologies used for assets measured at fair value on a nonrecurring basis and recognized in the accompanying balance sheets, as well as the general classification of such assets pursuant to the valuation hierarchy. For assets classified within Level 3 of the fair value hierarchy, the process used to develop the reported fair value is described below. Foreclosed assets Foreclosed assets are carried at the lower of fair value at acquisition date or current estimated fair value, less estimated cost to sell when the real estate is acquired. Estimated fair value of foreclosed assets are based on appraisals or evaluations and are classified within Level 3 of the fair value hierarchy. Appraisals of foreclosed assets are obtained when the real estate is acquired and subsequently as deemed necessary by management. Appraisals are reviewed for accuracy and consistency and are selected from the list of approved appraisers maintained by management. Unobservable (Level 3) Inputs The following tables present quantitative information about unobservable inputs used in recurring and nonrecurring Level 3 fair value measurements at September 30, 2021 and June 30, 2021. Fair Value at Valuation Technique Unobservable Inputs Range (Weighted Average) Mortgage servicing rights $ 1,020 Discounted cash flow Discount rate 9.5 11.5 9.5 Constant prepayment rate 10.4 14.7 12.5 Probability of default 0.00 0.14 (0.12 Fair Value at Valuation Technique Unobservable Inputs Range (Weighted Average) Mortgage servicing rights $ 1,013 Discounted cash flow Discount rate 9.5 11.5 9.5 Constant prepayment rate 9.8 14.4 11.9 Probability of default 0.00 0.14 0.12 Foreclosed assets 191 Market comparable properties Comparability adjustments (%) 11.6 11.6 Fair Value of Financial Instruments The following tables present estimated fair values of the Company’s financial instruments and the level within the fair value hierarchy in which the fair value measurements fall at September 30, 2021 and June 30, 2021. Carrying Fair Value Quoted Prices (Level 1) Significant (Level 2) Significant (Level 3) September 30, 2021: Financial assets Cash and cash equivalents $ 28,911 $ 28,911 $ — $ — Interest-bearing time deposits in banks 2,250 2,250 — — Loans, net of allowance for loan losses 506,283 — — 507,145 Federal Home Loan Bank stock 4,198 — 4,198 — Accrued interest receivable 2,002 — 2,002 — Financial liabilities Deposits 637,328 — 375,646 262,141 Repurchase agreements 6,703 — 6,703 — Federal Home Loan Bank advances 25,000 — 25,604 — Lines of credit 3,000 — 3,000 — Advances from borrowers for taxes and insurance 776 — 776 — Accrued interest payable 187 — 187 — Unrecognized financial instruments (net of contract amount) Commitments to originate loans — — — — Fair Value Carrying Quoted Prices in (Level 1) Significant (Level 2) Significant (Level 3) June 30, 2021: Financial assets Cash and cash equivalents $ 62,735 $ 62,735 $ — $ — Interest-bearing time deposits in banks 2,250 2,250 — — Loans, net of allowance for loan losses 513,371 — — 515,515 Federal Home Loan Bank stock 4,198 — 4,198 — Accrued interest receivable 1,897 — 1,897 — Financial liabilities Deposits 667,632 — 405,664 262,603 Repurchase agreements 6,245 — 6,245 — Federal Home Loan Bank advances 25,000 — 25,673 — Lines of credit 3,000 — 3,000 — Advances from borrowers for taxes and insurance 928 — 928 — Accrued interest payable 199 — 199 — Unrecognized financial instruments (net of contract amount) Commitments to originate loans — — — — 2016-01

Commitments

Commitments	3 Months Ended
	Sep. 30, 2021
Commitments and Contingencies Disclosure [Abstract]
Commitments	Note 13: Commitments Commitments to Originate Loans Commitments to extend credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. Since a portion of the commitments may expire without being drawn upon, the total commitment amounts do not necessarily represent future cash requirements. Each customer’s creditworthiness is evaluated on a case-by-case Lines of Credit Lines of credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Lines of credit generally have fixed expiration dates. Since a portion of the line may expire without being drawn upon, the total unused lines do not necessarily represent future cash requirements. Each customer’s creditworthiness is evaluated on a case-by-case on-balance-sheet

New Accounting Pronouncements (

New Accounting Pronouncements (Policies)	3 Months Ended
	Sep. 30, 2021
Accounting Policies [Abstract]
Liabilities	In June 2016, the FASB issued ASU 2016-13, Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments available-for-sale 2016-13, 2016-13 2016-13

Stock-based Compensation (Table

Stock-based Compensation (Tables)	3 Months Ended
	Sep. 30, 2021
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Summary of ESOP Shares	A summary of ESOP shares at September 30, 2021 and June 30, 2021 are as follows (dollars in thousands): September 30, 2021 June 30, 2021 Allocated shares 164,634 145,389 Shares committed for release 4,811 19,245 Unearned shares 187,639 192,450 Total ESOP shares 357,084 357,084 Fair value of unearned ESOP shares (1) $ 4,258 $ 4,388 (1) Based on closing price of $22.69 and $22.80 per share on September 30, 2021, and June 30, 2021, respectively.
Summary of Stock Option Activity	The following table summarizes stock option activity for the three months ended September 30, 2021 (dollars in thousands): Options Weighted-Average Exercise Price/Share Weighted-Average Aggregate Intrinsic Outstanding, June 30, 2021 153,143 $ 16.63 Granted — — Exercised 7,000 16.63 Forfeited — — Outstanding, September 30, 2021 146,143 $ 16.63 2.2 $ 886 (1) Exercisable, September 30, 2021 146,143 $ 16.63 2.2 $ 886 (1) (1) Based on closing price of $22.69 per share on September 30, 2021.
Summary of Non-vested Restricted Stock Activity	The following table summarizes non-vested Shares Weighted-Average Grant-Date Fair Value Balance, June 30, 2021 30,188 $ 16.79 Granted — — Forfeited 1,500 16.63 Earned and issued — — Balance, September 30, 2021 28,688 $ 16.79

Earnings Per Common Share ("E_2

Earnings Per Common Share ("EPS") (Tables)	3 Months Ended
	Sep. 30, 2021
Earnings Per Share [Abstract]
Factors Used in Earnings Per Common Share Computation	Basic and diluted earnings per common share are presented for the three-month periods ended September 30, 2021 and 2020. The factors used in the earnings per common share computation are as follows: Three Months Ended Three Months Ended Net income $ 1,891 $ 1,331 Basic weighted average shares outstanding 3,240,664 3,240,376 Less: Average unallocated ESOP shares (190,044 ) (209,289 ) Basic average shares outstanding 3,050,620 3,031,087 Diluted effect of restricted stock awards and stock options 63,995 10,101 Diluted average shares outstanding 3,114,615 3,041,188 Basic earnings per common share $ 0.62 $ 0.44 Diluted earnings per common share $ 0.61 $ 0.44

Securities (Tables)

Securities (Tables)	3 Months Ended
	Sep. 30, 2021
Investments, Debt and Equity Securities [Abstract]
Amortized Cost and Approximate Fair Value of Securities, Together with Gross Unrealized Gains and Losses of Securities	The amortized cost and approximate fair value of securities, together with gross unrealized gains and losses, of securities are as follows: Amortized Gross Gross Fair Value Available-for-sale September 30, 2021: U.S. Treasury $ 991 $ 4 $ — $ 995 U.S. Government and federal agency 7,519 472 — 7,991 Mortgage-backed: GSE residential 177,066 3,549 (1,853 ) 178,762 Small Business Administration 10,872 85 (147 ) 10,810 State and political subdivisions 1,251 — — 1,251 $ 197,699 $ 4,110 $ (2,000 ) $ 199,809 June 30, 2021: U.S. Treasury $ 990 $ 6 $ — $ 996 U.S. Government and federal agency 7,522 517 — 8,039 Mortgage-backed: GSE residential 167,711 4,011 (1,307 ) 170,415 Small Business Administration 9,115 105 (30 ) 9,190 State and political subdivisions 1,251 — — 1,251 $ 186,589 $ 4,639 $ (1,337 ) $ 189,891
Amortized Cost and Fair Value of Available for Sale Securities by Contractual Maturity	Available-for-sale Securities Amortized Cost Fair Value Within one year $ — $ — One to five years 6,027 6,407 Five to ten years 6,765 6,883 After ten years 7,841 7,757 20,633 21,047 Mortgage-backed securities 177,066 178,762 Totals $ 197,699 $ 199,809
Association's Investments Gross Unrealized Investment Losses and Fair Value of Association's Investments with Unrealized Losses	The following table shows the Company’s gross unrealized investment losses and the fair value of the Company’s investments with unrealized losses that are not deemed to be other-than-temporarily impaired, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position at September 30, 2021 and June 30, 2021: Less Than 12 Months 12 Months or More Total Description of Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized September 30, 2021: Mortgage-backed: GSE residential $ 75,522 $ (1,604 ) $ 9,343 $ (249 ) $ 84,865 $ (1,853 ) Small Business Administration 5,796 (147 ) — — 5,796 (147 ) Total temporarily impaired securities $ 81,318 $ (1,751 ) $ 9,343 $ (249 ) $ 90,661 $ (2,000 ) June 30, 2021: Mortgage-backed: GSE residential $ 75,002 (1,259 ) 4,160 (48 ) 79,162 (1,307 ) Small Business Administration 5,956 (30 ) — — 5,956 (30 ) Total temporarily impaired securities $ 80,958 $ (1,289 ) $ 4,160 $ (48 ) $ 85,118 $ (1,337 )

Loans and Allowance for Loan _2

Loans and Allowance for Loan Losses (Tables)	3 Months Ended
	Sep. 30, 2021
Categories of Loans	Classes of loans include: September 30, 2021 June 30, 2021 Real estate loans: One- $ 117,854 $ 117,435 Multi-family 97,211 104,433 Commercial 163,859 155,884 Home equity lines of credit 6,274 6,688 Construction 31,209 25,345 Commercial 88,962 103,088 Consumer 7,615 7,653 Total loans 512,984 520,526 Less: Unearned fees and discounts, net 231 556 Allowance for loan losses 6,470 6,599 Loans, net $ 506,283 $ 513,371
Allowance for Loan Losses and Recorded Investment in Loans Based on Portfolio Segment and Impairment Method	The following tables present the balance in the allowance for loan losses and the recorded investment in loans based on portfolio segment and impairment method as of the three-month periods ended September 30, 2021 and 2020 and the year ended June 30, 2021: Three Months Ended September 30, 2021 Real Estate Loans One- to Four- Family Multi-Family Commercial Home Equity Allowance for loan losses: Balance, beginning of period $ 967 $ 1,674 $ 1,831 $ 67 Provision charged to expense 6 (112 ) 85 (4 ) Losses charged off — — — — Recoveries 1 — — — Balance, end of period $ 974 $ 1,562 $ 1,916 $ 63 Ending balance: individually evaluated for impairment $ — $ — $ — $ — Ending balance: collectively evaluated for impairment $ 974 $ 1,562 $ 1,916 $ 63 Loans: Ending balance $ 117,854 $ 97,211 $ 163,859 $ 6,274 Ending balance: individually evaluated for impairment $ 1,086 $ — $ — $ — Ending balance: collectively evaluated for impairment $ 116,768 $ 97,211 $ 163,859 $ 6,274 Three Months Ended September 30, 2021 (Continued) Construction Commercial Consumer Total Allowance for loan losses: Balance, beginning of period $ 258 $ 1,740 $ 62 $ 6,599 Provision charged to expense 63 (174 ) 9 (127 ) Losses charged off — — (10 ) (10 ) Recoveries — 5 2 8 Balance, end of period $ 321 $ 1,571 $ 63 $ 6,470 Ending balance: individually evaluated for impairment $ — $ — $ — $ — Ending balance: collectively evaluated for impairment $ 321 $ 1,571 $ 63 $ 6,470 Loans: Ending balance $ 31,209 $ 88,962 $ 7,615 $ 512,984 Ending balance: individually evaluated for impairment $ — $ 43 $ — $ 1,129 Ending balance: collectively evaluated for impairment $ 31,209 $ 88,919 $ 7,615 $ 511,855 Year Ended June 30, 2021 Real Estate Loans One- Multi-Family Commercial Home Equity Allowance for loan losses: Balance, beginning of year $ 1,044 $ 1,514 $ 1,706 $ 87 Provision charged to expense (64 ) 160 125 (20 ) Losses charged off (15 ) — — — Recoveries 2 — — — Balance, end of year $ 967 $ 1,674 $ 1,831 $ 67 Ending balance: individually evaluated for impairment $ — $ — $ — $ — Ending balance: collectively evaluated for impairment $ 967 $ 1,674 $ 1,831 $ 67 Loans: Ending balance $ 117,435 $ 104,433 $ 155,884 $ 6,688 Ending balance: individually evaluated for impairment $ 1,252 $ — $ — $ — Ending balance: collectively evaluated for impairment $ 116,183 $ 104,433 $ 155,884 $ 6,688 Year Ended June 30, 2021 (Continued) Construction Commercial Consumer Total Allowance for loan losses: Balance, beginning of year $ 240 $ 1,583 $ 60 $ 6,234 Provision charged to expense 18 611 14 844 Losses charged off — (473 ) (25 ) (513 ) Recoveries — 19 13 34 Balance, end of year $ 258 $ 1,740 $ 62 $ 6,599 Ending balance: individually evaluated for impairment $ — $ — $ — $ — Ending balance: collectively evaluated for impairment $ 258 $ 1,740 $ 62 $ 6,599 Loans: Ending balance $ 25,345 $ 103,088 $ 7,653 $ 520,526 Ending balance: individually evaluated for impairment $ — $ 46 $ — $ 1,298 Ending balance: collectively evaluated for impairment $ 25,345 $ 103,042 $ 7,653 $ 519,228 Three Months Ended September 30, 2020 Real Estate Loans One- Multi-Family Commercial Home Equity Allowance for loan losses: Balance, beginning of year $ 1,044 $ 1,514 $ 1,706 $ 87 Provision charged to expense 4 227 168 (5 ) Losses charged off (15 ) — — — Recoveries — — — — Balance, end of year $ 1,033 $ 1,741 $ 1,874 $ 82 Ending balance: individually evaluated for impairment $ — $ — $ — $ — Ending balance: collectively evaluated for impairment $ 1,033 $ 1,741 $ 1,874 $ 82 Loans: $ 125,574 $ 106,886 $ 157,096 $ 8,147 Ending balance $ 1,277 $ — $ — $ — Ending balance: individually evaluated for impairment $ 124,297 $ 106,886 $ 157,096 $ 8,147 Three Months Ended September 30, 2020 (Continued) Construction Commercial Consumer Total Allowance for loan losses: Balance, beginning of year $ 240 $ 1,583 $ 60 $ 6,234 Provision charged to expense (155 ) 61 15 315 Losses charged off — (29 ) (13 ) (57 ) Recoveries — 9 5 14 Balance, end of year $ 85 $ 1,624 $ 67 $ 6,506 Ending balance: individually evaluated for impairment $ — $ — $ — $ — Ending balance: collectively evaluated for impairment $ 85 $ 1,624 $ 67 $ 6,506 Loans: Ending balance $ 10,050 $ 109,182 $ 8,098 $ 525,033 Ending balance: individually evaluated for impairment $ — $ 55 $ 4 $ 1,336 Ending balance: collectively evaluated for impairment $ 10,050 $ 109,127 $ 8,094 $ 523,697
Credit Risk Profile of Association's Loan Portfolio Based on Rating Category and Payment Activity	The following tables present the credit risk profile of the Company’s loan portfolio based on rating category and payment activity: Real Estate Loans One- to Four- Multi-Family Commercial Home Equity Construction Commercial Consumer Total September 30, 2021 : Pass $ 116,337 $ 96,950 $ 162,821 $ 6,274 $ 31,209 $ 83,868 $ 7,615 $ 505,074 Watch 1,124 — 943 — — 5,051 — 7,118 Substandard 393 261 95 — — 43 — 792 Doubtful — — — — — — — — Loss — — — — — — — — Total $ 117,854 $ 97,211 $ 163,859 $ 6,274 $ 31,209 $ 88,962 $ 7,615 $ 512,984 Real Estate Loans One- to Four- Multi-Family Commercial Home Equity Construction Commercial Consumer Total June 30, 2021: Pass $ 116,980 $ 104,170 $ 154,833 $ 6,688 $ 25,345 $ 97,078 $ 7,652 $ 512,946 Watch — — 954 — — 5,964 1 6,919 Substandard 455 263 97 — — 46 — 861 Doubtful — — — — — — — — Loss — — — — — — — — Total $ 117,435 $ 104,433 $ 155,884 $ 6,688 $ 25,345 $ 103,088 $ 7,653 $ 520,526
Association's Loan Portfolio Aging Analysis	The following tables present the Company’s loan portfolio aging analysis: 30-59 Days 60-89 Days Past Due Greater Total Past Due Current Total Loans Total Loans September 30, 2021: Real estate loans: One- $ 962 $ 35 $ 34 $ 1,031 $ 116,823 $ 117,854 $ — Multi-family — — — — 97,211 97,211 — Commercial — — — — 163,859 163,859 — Home equity lines of credit — — — — 6,274 6,274 — Construction — — — — 31,209 31,209 — Commercial 9 — — 9 88,953 88,962 — Consumer 32 — — 32 7,583 7,615 — Total $ 1,003 $ 35 $ 34 $ 1,072 $ 511,912 $ 512,984 $ — 30-59 Days 60-89 Days Past Due Greater Total Past Due Current Total Loans Total Loans June 30, 2021: Real estate loans: One- $ 320 $ 52 $ 152 $ 524 $ 116,911 $ 117,435 $ 118 Multi-family — — — — 104,433 104,433 — Commercial 86 — — 86 155,798 155,884 — Home equity lines of credit 55 — — 55 6,633 6,688 — Construction — — — — 25,345 25,345 — Commercial 9 — — 9 103,079 103,088 — Consumer 6 — — 6 7,647 7,653 — Total $ 476 $ 52 $ 152 $ 680 $ 519,846 $ 520,526 $ 118
Summary of Impaired Loans	The following tables present impaired loans: Three Months Ended September 30, 2021 Recorded Unpaid Specific Average Investment Interest Income Interest on September 30, 2021: Loans without a specific valuation allowance Real estate loans: One- $ 1,086 $ 1,086 $ — $ 1,088 $ 5 $ 4 Multi-family — — — — — — Commercial — — — — — — Home equity line of credit — — — — — — Construction — — — — — — Commercial 43 43 — 44 1 1 Consumer — — — — — — Loans with a specific allowance Real estate loans: One- — — — — — — Multi-family — — — — — — Commercial — — — — — — Home equity line of credit — — — — — — Construction — — — — — — Commercial — — — — — — Consumer — — — — — — Total: Real estate loans: One- 1,086 1,086 — 1,088 5 4 Multi-family — — — — — — Commercial — — — — — — Home equity line of credit — — — — — — Construction — — — — — — Commercial 43 43 — 44 1 1 Consumer — — — — — — $ 1,129 $ 1,129 $ — $ 1,132 $ 6 $ 5 Year Ended June 30, 2021 Recorded Unpaid Specific Average Interest Interest on June 30, 2021: Loans without a specific valuation allowance Real estate loans: One- $ 1,252 $ 1,252 $ — $ 1,271 $ 67 $ 50 Multi-family — — — — — — Commercial — — — — — — Home equity line of credit — — — — — — Construction — — — — — — Commercial 46 46 — 265 19 23 Consumer — — — — — — Loans with a specific allowance Real estate loans: One- $ — $ — $ — $ — $ — $ — Multi-family — — — — — — Commercial — — — — — — Home equity line of credit — — — — — — Construction — — — — — — Commercial — — — — — — Consumer — — — — — — Total: Real estate loans: One- Multi-family $ 1,252 $ 1,252 $ — $ 1,271 $ 67 $ 50 Commercial — — — — — — Home equity line of credit — — — — — — Construction — — — — — — Commercial — — — — — — Consumer 46 46 — 265 19 23 — — — — — — $ 1,298 $ 1,298 $ — $ 1,536 $ 86 $ 73 Three Months Ended September 30, 2020 Recorded Unpaid Specific Average Interest Interest on September 30, 2020: Loans without a specific valuation allowance Real estate loans: One- $ 1,277 $ 1,277 $ — $ 1,283 $ 19 $ 17 Multi-family — — — — — — Commercial — — — — — — Home equity line of credit — — — — — — Construction — — — — — — Commercial 55 55 — 57 — — Consumer 4 4 — 5 — — Loans with a specific allowance Real estate loans: One- — — — — — — Multi-family — — — — — — Commercial — — — — — — Home equity line of credit — — — — — — Construction — — — — — — Commercial — — — — — — Consumer — — — — — — Total: Real estate loans: One- 1,277 1,277 — 1,283 19 17 Multi-family — — — — — — Commercial — — — — — — Home equity line of credit — — — — — — Construction — — — — — — Commercial 55 55 — 57 — — Consumer 4 4 — 5 — — $ 1,336 $ 1,336 $ — $ 1,345 $ 19 $ 17
Loans Modified as Troubled Debt Restructurings	The following table presents the Company’s nonaccrual loans at September 30, 2021 and June 30, 2021: September 30, 2021 June 30, 2021 Mortgages on real estate: One- $ 34 $ 34 Multi-family — — Commercial — — Home equity lines of credit — — Construction loans — — Commercial business loans — — Consumer loans — — Total $ 34 $ 34
Nonaccrual 1 [Member]
Nonaccrual Loans	The following table presents the Company’s nonaccrual loans at September 30, 2021 and June 30, 2021: September 30, 2021 June 30, 2021 Mortgages on real estate: One- $ 34 $ 34 Multi-family — — Commercial — — Home equity lines of credit — — Construction loans — — Commercial business loans — — Consumer loans — — Total $ 34 $ 34
Nonaccrual 2 [Member]
Nonaccrual Loans	The following table presents the recorded balance, at original cost, of troubled debt restructurings, as of September 30, 2021 and June 30, 2021. All TDRs were performing according to the terms of the restructuring as of September 30, 2021, and with the exception of a single one- September 30, 2021 June 30, 2021 Real estate loans One- $ 1,052 $ 1,218 Multi-family — — Commercial — — Home equity lines of credit — — Total real estate loans 1,052 1,218 Construction loans — — Commercial business loans 43 46 Consumer loans — — Total $ 1,095 $ 1,264

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income (Tables)	3 Months Ended
	Sep. 30, 2021
Equity [Abstract]
Components of Accumulated Other Comprehensive Income (Loss)	The following tables present changes in accumulated other comprehensive income (loss), by component, net of tax, for the three months ended September 30, 2021 and 2020: Unrealized Gains Available-for-Sale Defined Total September 30, 2021: Beginning balance $ 2,361 $ (428 ) $ 1,933 Other comprehensive loss before reclassification (852 ) — (852 ) Amounts reclassified from accumulated other comprehensive income — — — Net current period other comprehensive loss — (5 ) (5 ) Ending balance $ 1,509 $ (433 ) $ 1,076 September 30, 2020: Beginning balance $ 4,865 $ (662 ) $ 4,203 Other comprehensive income before reclassification 147 — 147 Amounts reclassified from accumulated other comprehensive income (146 ) — (146 ) Net current period other comprehensive income — 1 1 Ending balance $ 4,866 $ (661 ) $ 4,205

Changes in Accumulated Other _2

Changes in Accumulated Other Comprehensive Income (AOCI) by Component (Tables)	3 Months Ended
	Sep. 30, 2021
Text Block [Abstract]
Amounts Reclassified from Accumulated Other Comprehensive Income	Amounts reclassified from AOCI and the affected line items in the statements of income during the quarters ended September 30, 2021 and 2020, were as follows: Amounts Reclassified from AOCI 2021 2020 Affected Line Item in the Condensed Realized gains on available-for-sale $ — $ 204 Net realized gains on sale of available-for- sale securities Amortization of defined benefit pension items: Actuarial losses $ (7 ) $ 2 Components are included in computation of net periodic pension cost Total reclassified amount before tax $ (7 ) $ 206 Tax expense $ (2 ) $ 59 Provision for Income Tax Total reclassification out of AOCI $ (5 ) $ 147 Net Income

Income Taxes (Tables)

Income Taxes (Tables)	3 Months Ended
	Sep. 30, 2021
Income Tax Disclosure [Abstract]
Reconciliation of Income Tax Expense at the Statutory Rate	A reconciliation of income tax e x Three Months Ended September 30, 2021 2020 Computed at the statutory rate $ 536 $ 387 Decrease resulting from Tax exempt interest (2 ) (2 ) Cash surrender value of life insurance (50 ) (14 ) State income taxes 178 134 Other 1 7 Actual expense $ 663 $ 512

Disclosures about Fair Value _2

Disclosures about Fair Value of Assets (Tables)	3 Months Ended
	Sep. 30, 2021
Fair Value Disclosures [Abstract]
Fair Value Measurements of Assets Recognized on Recurring Basis	The following table presents the fair value measurements of assets recognized in the accompanying balance sheets measured at fair value on a recurring basis and the level within the fair value hierarchy in which the fair value measurements fall at September 30, 2021 and June 30, 2021: Fair Value Measurements Using Fair Value Quoted (Level 1) Significant (Level 2) Significant (Level 3) September 30, 2021: Available-for-sale U.S. Treasury $ 995 $ — $ 995 $ — U.S. Government and federal agency and Government sponsored enterprises (GSE’s) 7,991 — 7,991 — Mortgage-backed: GSE residential 178,762 — 178,762 — Small Business Administration 10,810 — 10,810 — State and political subdivisions 1,251 — 1,251 — Mortgage servicing rights 1,020 — — 1,020 Fair Value Measurements Using Fair Value Quoted (Level 1) Significant (Level 2) Significant (Level 3) June 30, 2021: Available-for-sale U.S. Treasury $ 996 $ — $ 996 $ — U.S. Government and federal agency and Government sponsored enterprises (GSE’s) 8,039 — 8,039 — Mortgage-backed: GSE residential 170,415 — 170,415 — Small Business Administration 9,190 — 9,190 — State and political subdivisions 1,251 — 1,251 — Mortgage servicing rights 1,013 — — 1,013
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: Mortgage Balance, July 1, 2021 $ 1,013 Total realized and unrealized gains and losses included in net income (6 ) Servicing rights that result from asset transfers 65 Payments received and loans refinanced (52 ) Balance, September 30, 2021 $ 1,020 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 $ (6 )
Fair Value Measurement of Assets Recognized on Nonrecurring Basis	The following table presents the fair value measurement of assets measured at fair value on a nonrecurring basis and the level within the fair value hierarchy in which the fair value measurements fall at September 30, 2021 and June 30, 2021: Fair Value Measurements Using Fair Value Quoted Prices in (Level 1) Significant (Level 2) Significant (Level 3) September 30, 2021: Foreclosed assets $ — $ — $ — $ — June 30, 2021: Foreclosed assets $ 191 $ — $ — $ 191
(Losses)/Recoveries Recognized on Assets Measured on Non-Recurring Basis	The following table presents (losses)/recoveries recognized on assets measured on a non-recurring Three Months Ended September 30, 2021 2020 Foreclosed and repossessed assets held for sale $ — $ (30 )
Quantitative Information about Unobservable Inputs Used in Recurring and Nonrecurring Level 3 Fair Value Measurements	The following tables present quantitative information about unobservable inputs used in recurring and nonrecurring Level 3 fair value measurements at September 30, 2021 and June 30, 2021. Fair Value at Valuation Technique Unobservable Inputs Range (Weighted Average) Mortgage servicing rights $ 1,020 Discounted cash flow Discount rate 9.5 11.5 9.5 Constant prepayment rate 10.4 14.7 12.5 Probability of default 0.00 0.14 (0.12 Fair Value at Valuation Technique Unobservable Inputs Range (Weighted Average) Mortgage servicing rights $ 1,013 Discounted cash flow Discount rate 9.5 11.5 9.5 Constant prepayment rate 9.8 14.4 11.9 Probability of default 0.00 0.14 0.12 Foreclosed assets 191 Market comparable properties Comparability adjustments (%) 11.6 11.6
Estimated Fair Values of Financial Instruments and Level within Fair Value Hierarchy in which Fair Value Measurements Fall	The following tables present estimated fair values of the Company’s financial instruments and the level within the fair value hierarchy in which the fair value measurements fall at September 30, 2021 and June 30, 2021. Carrying Fair Value Quoted Prices (Level 1) Significant (Level 2) Significant (Level 3) September 30, 2021: Financial assets Cash and cash equivalents $ 28,911 $ 28,911 $ — $ — Interest-bearing time deposits in banks 2,250 2,250 — — Loans, net of allowance for loan losses 506,283 — — 507,145 Federal Home Loan Bank stock 4,198 — 4,198 — Accrued interest receivable 2,002 — 2,002 — Financial liabilities Deposits 637,328 — 375,646 262,141 Repurchase agreements 6,703 — 6,703 — Federal Home Loan Bank advances 25,000 — 25,604 — Lines of credit 3,000 — 3,000 — Advances from borrowers for taxes and insurance 776 — 776 — Accrued interest payable 187 — 187 — Unrecognized financial instruments (net of contract amount) Commitments to originate loans — — — — Fair Value Carrying Quoted Prices in (Level 1) Significant (Level 2) Significant (Level 3) June 30, 2021: Financial assets Cash and cash equivalents $ 62,735 $ 62,735 $ — $ — Interest-bearing time deposits in banks 2,250 2,250 — — Loans, net of allowance for loan losses 513,371 — — 515,515 Federal Home Loan Bank stock 4,198 — 4,198 — Accrued interest receivable 1,897 — 1,897 — Financial liabilities Deposits 667,632 — 405,664 262,603 Repurchase agreements 6,245 — 6,245 — Federal Home Loan Bank advances 25,000 — 25,673 — Lines of credit 3,000 — 3,000 — Advances from borrowers for taxes and insurance 928 — 928 — Accrued interest payable 199 — 199 — Unrecognized financial instruments (net of contract amount) Commitments to originate loans — — — —

Stock-based Compensation - Summ

Stock-based Compensation - Summary of ESOP Shares (Detail) - USD ($) $ in Thousands		Sep. 30, 2021	Jun. 30, 2021
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Allocated shares		164,634	145,389
Shares committed for release		4,811	19,245
Unearned shares		187,639	192,450
Total ESOP shares		357,084	357,084
Fair value of unearned ESOP shares	[1]	$ 4,258	$ 4,388
[1]	Based on closing price of $22.69 and $22.80 per share on September 30, 2021, and June 30, 2021, respectively.

Stock-based Compensation - Su_2

Stock-based Compensation - Summary of ESOP Shares (Parenthetical) (Detail) - $ / shares	Sep. 30, 2021	Jun. 30, 2021
Employee Stock Ownership Plan Esop [Member]
Employee Stock Ownership Plan (ESOP) Disclosures [Line Items]
ESOP, closing price per share	$ 22.69	$ 22.80

Stock-based Compensation - Su_3

Stock-based Compensation - Summary of Stock Option Activity (Detail) $ / shares in Units, $ in Thousands	3 Months Ended
	Sep. 30, 2021USD ($)$ / sharesshares
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Outstanding, June 30, 2021 | shares	153,143
Granted | shares
Exercised | shares	7,000
Forfeited | shares
Outstanding, September 30, 2021 | shares	146,143
Exercisable, September 30, 2021 | shares	146,143
Outstanding, June 30, 2021 | $ / shares	$ 16.63
Granted | $ / shares
Exercised | $ / shares	16.63
Forfeited | $ / shares
Outstanding, September 30, 2021 | $ / shares	16.63
Exercisable, September 30, 2021 | $ / shares	$ 16.63
Outstanding, September 30, 2021	2 years 2 months 12 days
Exercisable, September 30, 2021	2 years 2 months 12 days
Outstanding, September 30, 2021 | $	$ 886	[1]
Exercisable, September 30, 2021 | $	$ 886	[1]
[1]	Based on closing price of $22.69 per share on September 30, 2021.

Stock-based Compensation - Su_4

Stock-based Compensation - Summary of Stock Option Activity (Parenthetical) (Detail)	Sep. 30, 2021$ / shares
Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Closing price per share	$ 22.69

Stock-based Compensation - Su_5

Stock-based Compensation - Summary of Non-vested Restricted Stock Activity (Detail) - Restricted Stock [Member]	3 Months Ended
	Sep. 30, 2021$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Beginning balance, Shares | shares	30,188
Granted, Shares | shares
Forfeited, Shares | shares	1,500
Earned and issued, Shares | shares
Ending balance, Shares | shares	28,688
Beginning balance, Weighted-Average Grant-Date Fair Value | $ / shares	$ 16.79
Granted, Weighted-Average Grant-Date Fair Value | $ / shares
Forfeited, Weighted-Average Grant-Date Fair Value | $ / shares	16.63
Earned and issued, Weighted-Average Grant-Date Fair Value | $ / shares
Ending balance, Weighted-Average Grant-Date Fair Value | $ / shares	$ 16.79

Stock-based Compensation - Addi

Stock-based Compensation - Additional Information (Detail) - USD ($)	Dec. 10, 2013	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020	Dec. 31, 2016	Jun. 30, 2021	Dec. 10, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares paid under ESOP		357,084				357,084
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unvested restricted stock forfeited		1,500
Employee Stock Ownership Plan Esop [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Minimum hours of service required		1000 hours
Period of service to qualify for ESOP benefits		12 months
Minimum age of employee to attain the plan		21 years
Shares to be purchased for ESOP, from borrowed funds		384,900
Shares to be purchased for ESOP, percentage of common stock		8.00%
Repayment of loan on ESOP		20 years
Percentage vested in accrued benefits		100.00%
Vesting period		6 years
Employee Stock Ownership Plan Esop [Member] | Employee Severance [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares paid under ESOP		0	0
Employee Stock Ownership Plan Esop [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Prorated vesting period		2 years
Employee Stock Ownership Plan Esop [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Prorated vesting period		5 years
Equity Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares authorized		673,575
Equity Incentive Plan [Member] | Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	7 years
Shares authorized	167,000	481,125
Restricted stock available for future grants		314,125
Stock options granted		0
Options vested during the period		0	0
Weighted average recognition period for non-vested restricted stock awards				7 years
Unrecognized compensation expense for non-vested restricted stock awards		$ 0
Stock based compensation expense		42,000	$ 42,000
Tax benefit		$ 12,000	$ 12,000
Unvested restricted stock forfeited		1,500
Equity Incentive Plan [Member] | Restricted Stock And Restricted Stock Units Rsu [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares authorized		192,450
Equity Incentive Plan [Member] | Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	10 years				8 years
Shares authorized	85,500						16,900
Restricted stock available for future grants		91,550
Weighted average recognition period for non-vested restricted stock awards		2 years 2 months 12 days
Unrecognized compensation expense for non-vested restricted stock awards		$ 367,000

Earnings Per Common Share ("E_3

Earnings Per Common Share ("EPS") - Factors Used in Earnings Per Common Share Computation (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Earnings Per Share [Abstract]
Net income	$ 1,891	$ 1,331
Basic weighted average shares outstanding	3,240,664	3,240,376
Less: Average unallocated ESOP shares	(190,044)	(209,289)
Basic average shares outstanding	3,050,620	3,031,087
Diluted effect of restricted stock awards and stock options	63,995	10,101
Diluted average shares outstanding	3,114,615	3,041,188
Basic earnings per common share	$ 0.62	$ 0.44
Diluted earnings per common share	$ 0.61	$ 0.44

Securities - Amortized Cost and

Securities - Amortized Cost and Approximate Fair Value of Securities, Together with Gross Unrealized Gains and Losses of Securities (Detail) - USD ($) $ in Thousands	Sep. 30, 2021	Jun. 30, 2021
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	$ 197,699	$ 186,589
Gross Unrealized Gains	4,110	4,639
Gross Unrealized Losses	(2,000)	(1,337)
Fair Value	199,809	189,891
US Treasury [Member]
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	991	990
Gross Unrealized Gains	4	6
Fair Value	995	996
U.S. Government and Federal Agency [Member]
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	7,519	7,522
Gross Unrealized Gains	472	517
Fair Value	7,991	8,039
Mortgage-backed Securities - GSE Residential [Member]
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	177,066	167,711
Gross Unrealized Gains	3,549	4,011
Gross Unrealized Losses	(1,853)	(1,307)
Fair Value	178,762	170,415
Small Business Administration [Member]
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	10,872	9,115
Gross Unrealized Gains	85	105
Gross Unrealized Losses	(147)	(30)
Fair Value	10,810	9,190
State and Political Subdivisions [Member]
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	1,251	1,251
Gross Unrealized Gains	0	0
Gross Unrealized Losses
Fair Value	$ 1,251	$ 1,251

Securities - Additional Informa

Securities - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Jun. 30, 2021
Debt Securities, Available-for-sale [Line Items]
Mortgage-backed securities with a book value	$ 197,699		$ 186,589
Fair Value	$ 199,809		189,891
Percentage of equity securities	10.00%
Carrying value of securities pledged as collateral	$ 96,131		96,429
Repurchase agreements	6,703		6,245
Gross gains from sales of available for sale securities	0	$ 204
Gross losses from sales of available for sale securities	0	0
Tax benefit to net realized gains (losses)	0	$ 58
Investments in debt and marketable equity securities	$ 90,661		$ 85,118
Temporarily impaired debt securities percentage of investment securities portfolio	45.00%		45.00%
Maturity Overnight [Member]
Debt Securities, Available-for-sale [Line Items]
Repurchase agreements	$ 6,700
Mortgage-backed Securities - GSE Residential [Member]
Debt Securities, Available-for-sale [Line Items]
Mortgage-backed securities with a book value	177,066		$ 167,711
Fair Value	178,762		170,415
Investments in debt and marketable equity securities	84,865		79,162
Debt Securities [Member]
Debt Securities, Available-for-sale [Line Items]
Investments in debt and marketable equity securities	90,661		85,118
Small Business Administration [Member]
Debt Securities, Available-for-sale [Line Items]
Mortgage-backed securities with a book value	10,872		9,115
Fair Value	10,810		9,190
Investments in debt and marketable equity securities	$ 5,796		$ 5,956

Securities - Amortized Cost a_2

Securities - Amortized Cost and Fair Value of Available-for-Sale Securities by Contractual Maturity (Detail) - USD ($) $ in Thousands	Sep. 30, 2021	Jun. 30, 2021
Debt Securities, Available-for-sale [Line Items]
Within one year, Amortized Cost
One to five years, Amortized Cost	6,027
Five to ten years, Amortized Cost	6,765
After ten years, Amortized Cost	7,841
Amortized Cost	20,633
Amortized Cost	197,699	$ 186,589
Within one year, Fair Value
One to five years, Fair Value	6,407
Five to ten years, Fair Value	6,883
After ten years, Fair Value	7,757
Fair Value	21,047
Fair Value	199,809	189,891
Mortgage-backed Securities - GSE Residential [Member]
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	177,066	167,711
Fair Value	$ 178,762	$ 170,415

Securities - Association's Inve

Securities - Association's Investments Gross Unrealized Investment Losses and Fair Value of Association's Investments with Unrealized Losses (Detail) - USD ($) $ in Thousands	Sep. 30, 2021	Jun. 30, 2021
Less than 12 Months, Fair Value	$ 81,318	$ 80,958
Less than 12 Months, Unrealized Losses	(1,751)	(1,289)
12 Months or More, Fair Value	9,343	4,160
12 Months or More, Unrealized Losses	(249)	(48)
Total Fair Value	90,661	85,118
Total, Unrealized Losses	(2,000)	(1,337)
Mortgage-backed Securities - GSE Residential [Member]
Less than 12 Months, Fair Value	75,522	75,002
Less than 12 Months, Unrealized Losses	(1,604)	(1,259)
12 Months or More, Fair Value	9,343	4,160
12 Months or More, Unrealized Losses	(249)	(48)
Total Fair Value	84,865	79,162
Total, Unrealized Losses	(1,853)	(1,307)
Small Business Administration [Member]
Less than 12 Months, Fair Value	5,796	5,956
Less than 12 Months, Unrealized Losses	(147)	(30)
12 Months or More, Fair Value	0	0
12 Months or More, Unrealized Losses	0	0
Total Fair Value	5,796	5,956
Total, Unrealized Losses	$ (147)	$ (30)

Loans and Allowance for Loan _3

Loans and Allowance for Loan Losses - Categories of Loans (Detail) - USD ($) $ in Thousands	Sep. 30, 2021	Jun. 30, 2021	Sep. 30, 2020	Jun. 30, 2020
Real estate loans
Total loans	$ 512,984	$ 520,526	$ 525,033
Unearned fees and discounts, net	231	556
Allowance for loan losses	6,470	6,599	6,506	$ 6,234
Loans, net	506,283	513,371
One- to four-family [Member]
Real estate loans
Total loans	117,854	117,435	125,574
Allowance for loan losses	974	967	1,033	1,044
Multi-family [Member]
Real estate loans
Total loans	97,211	104,433	106,886
Allowance for loan losses	1,562	1,674	1,741	1,514
Home equity lines of credit [Member]
Real estate loans
Total loans	6,274	6,688	8,147
Allowance for loan losses	63	67	82	87
Construction [Member]
Real estate loans
Total loans	31,209	25,345	10,050
Allowance for loan losses	321	258	85	240
Commercial [Member]
Real estate loans
Total loans	163,859	155,884	157,096
Allowance for loan losses	1,916	1,831	1,874	1,706
Commercial [Member]
Real estate loans
Total loans	88,962	103,088	109,182
Allowance for loan losses	1,571	1,740	1,624	1,583
Consumer [Member]
Real estate loans
Total loans	7,615	7,653	8,098
Allowance for loan losses	$ 63	$ 62	$ 67	$ 60

Loans and Allowance for Loan _4

Loans and Allowance for Loan Losses - Additional Information (Detail)	3 Months Ended		6 Months Ended	12 Months Ended
	Sep. 30, 2021USD ($)LoansSecurityLoan	Sep. 30, 2020USD ($)	Dec. 31, 2019	Jun. 30, 2021USD ($)SecurityLoan	Jun. 30, 2020USD ($)
Loans and Allowance for Credit Losses [Line Items]
Maximum amount of one-to-four family residential mortgage loans can be approved by loan officer	$ 100,000
Maximum amount of other secured loans real estate loans can be approved by loan officer	50,000
Maximum amount of unsecured loans real estate loans can be approved by loan officer	10,000
Maximum amount of one-to-four family residential mortgage loans can be approved by managing officer	375,000
Maximum amount other secured loans residential mortgage loans can be approved by managing officer	375,000
Maximum amount of unsecured loans residential mortgage loans can be approved by managing officer	$ 100,000
Maximum amount of unsecured loans real estate loans can be approved by loan committee				$ 500,000
Maximum aggregate loan amount of one-to four-family residential mortgage loans, commercial real estate loans, multi-family real estate loans and land loans can be approved by loan committee				2,000,000
Maximum term of fixed-rate one- to four-family residential mortgage loans	15 years
Troubled debt restructurings, Impaired loans	$ 1,095,000				$ 1,264,000
Number of default loans | SecurityLoan	0
Investment recorded prior to modification		$ 0		0
Residential real estate properties foreclosure proceedings	$ 34,000
Loans and Leases Receivable, Gross	512,984,000	525,033,000		520,526,000
Fair Value, Concentration of Risk, Collateral Policy [Member]
Loans and Allowance for Credit Losses [Line Items]
Commercial and multi-family real estate	280,257,000			274,892,000
Troubled Debt Restructurings [Member]
Loans and Allowance for Credit Losses [Line Items]
Troubled debt restructurings, Impaired loans	$ 1,100,000
Minimum period for default	90 days
Commercial Business Loans [Member]
Loans and Allowance for Credit Losses [Line Items]
Troubled debt restructurings, Impaired loans	$ 43,000				46,000
Loans and Leases Receivable, Gross	$ 88,962,000	109,182,000		103,088,000
Commercial Business Loans [Member] | Small Business Administration Paycheck Protection Programme Loans [Member]
Loans and Allowance for Credit Losses [Line Items]
Percentage of government guarantee for loans as per scheme	100.00%
Commercial Portfolio And Commercial Residential Portfolio [Member]
Loans and Allowance for Credit Losses [Line Items]
Number of loans as on closing date | Loans	165
Loans and Leases Receivable, Gross	$ 14.3
One- to four-family [Member]
Loans and Allowance for Credit Losses [Line Items]
Loans held for sale	$ 216,000			632,000
Maximum term of fixed-rate one- to four-family residential mortgage loans	15 years
Troubled debt restructurings, Impaired loans	$ 1,052,000				$ 1,218,000
Investment recorded post modification	118,000
Loans and Leases Receivable, Gross	117,854,000	$ 125,574,000		$ 117,435,000
One- to four-family [Member] | Troubled Debt Restructurings [Member]
Loans and Allowance for Credit Losses [Line Items]
Number of default loans | SecurityLoan				1
Investment recorded post modification	118,000
Purchased Loans and Loan Participations [Member]
Loans and Allowance for Credit Losses [Line Items]
Approximate amount of purchase loans included in loans receivable	1,648,000			$ 3,578,000
Approximate amount of loans included on out-of-area participation	25,577,000			26,870,000
Amount within 100 miles of primary area	8,542,000			$ 9,718,000
Troubled Debt Restructurings [Member] | Covid Nineteen [Member]
Loans and Allowance for Credit Losses [Line Items]
Investment recorded post modification	$ 66,700,000
Troubled Debt Restructurings [Member] | Modification one [Member] | Covid Nineteen [Member]
Loans and Allowance for Credit Losses [Line Items]
Number of Modifications | Loans	122
Financing Receivable, Modifications, Post-Modification Recorded Investment	$ 64,200,000
Troubled Debt Restructurings [Member] | Modification Two [Member] | Covid Nineteen [Member]
Loans and Allowance for Credit Losses [Line Items]
Number of Modifications | Loans	118
Financing Receivable, Modifications, Post-Modification Recorded Investment	$ 2,500,000
Foreclosure [Member] | Troubled Debt Restructurings [Member]
Loans and Allowance for Credit Losses [Line Items]
Number of default loans | SecurityLoan				0
Non troubled debt restructuring [Member] | Covid Nineteen [Member] | Financing receivables, 30 to 59 days past due [Member]
Loans and Allowance for Credit Losses [Line Items]
Financing receivable number of days past due			30 days
Period of loan excecution	60 days

Loans and Allowance for Loan _5

Loans and Allowance for Loan Losses - Allowance for Loan Losses and Recorded Investment in Loans Based on Portfolio Segment and Impairment Method (Detail) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Jun. 30, 2021
Allowance for loan losses:
Balance, beginning of year	$ 6,599	$ 6,234	$ 6,234
Provision charged to expense	(127)	315	844
Losses charged off	(10)	(57)	(513)
Recoveries	8	14	34
Balance, end of period	6,470	6,506	6,599
Ending balance: individually evaluated for impairment	0	0	0
Ending balance: collectively evaluated for impairment	6,470	6,506	6,599
Loans:
Ending balance	512,984	525,033	520,526
Ending balance: individually evaluated for impairment	1,129	1,336	1,298
Ending balance: collectively evaluated for impairment	511,855	523,697	519,228
One- to four-family [Member]
Allowance for loan losses:
Balance, beginning of year	967	1,044	1,044
Provision charged to expense	6	4	(64)
Losses charged off	0	(15)	(15)
Recoveries	1	0	2
Balance, end of period	974	1,033	967
Ending balance: individually evaluated for impairment	0	0	0
Ending balance: collectively evaluated for impairment	974	1,033	967
Loans:
Ending balance	117,854	125,574	117,435
Ending balance: individually evaluated for impairment	1,086	1,277	1,252
Ending balance: collectively evaluated for impairment	116,768	124,297	116,183
Multi-family [Member]
Allowance for loan losses:
Balance, beginning of year	1,674	1,514	1,514
Provision charged to expense	(112)	227	160
Losses charged off	0	0	0
Recoveries	0	0	0
Balance, end of period	1,562	1,741	1,674
Ending balance: individually evaluated for impairment	0	0	0
Ending balance: collectively evaluated for impairment	1,562	1,741	1,674
Loans:
Ending balance	97,211	106,886	104,433
Ending balance: individually evaluated for impairment	0	0	0
Ending balance: collectively evaluated for impairment	97,211	106,886	104,433
Home equity lines of credit [Member]
Allowance for loan losses:
Balance, beginning of year	67	87	87
Provision charged to expense	(4)	(5)	(20)
Losses charged off	0	0	0
Recoveries	0	0	0
Balance, end of period	63	82	67
Ending balance: individually evaluated for impairment	0	0	0
Ending balance: collectively evaluated for impairment	63	82	67
Loans:
Ending balance	6,274	8,147	6,688
Ending balance: individually evaluated for impairment	0	0	0
Ending balance: collectively evaluated for impairment	6,274	8,147	6,688
Construction [Member]
Allowance for loan losses:
Balance, beginning of year	258	240	240
Provision charged to expense	63	(155)	18
Losses charged off	0	0	0
Recoveries	0	0	0
Balance, end of period	321	85	258
Ending balance: individually evaluated for impairment	0	0	0
Ending balance: collectively evaluated for impairment	321	85	258
Loans:
Ending balance	31,209	10,050	25,345
Ending balance: individually evaluated for impairment	0	0	0
Ending balance: collectively evaluated for impairment	31,209	10,050	25,345
Commercial [Member]
Allowance for loan losses:
Balance, beginning of year	1,831	1,706	1,706
Provision charged to expense	85	168	125
Losses charged off	0	0	0
Recoveries	0	0	0
Balance, end of period	1,916	1,874	1,831
Ending balance: individually evaluated for impairment	0	0	0
Ending balance: collectively evaluated for impairment	1,916	1,874	1,831
Loans:
Ending balance	163,859	157,096	155,884
Ending balance: individually evaluated for impairment	0	0	0
Ending balance: collectively evaluated for impairment	163,859	157,096	155,884
Commercial [Member]
Allowance for loan losses:
Balance, beginning of year	1,740	1,583	1,583
Provision charged to expense	(174)	61	611
Losses charged off	0	(29)	(473)
Recoveries	5	9	19
Balance, end of period	1,571	1,624	1,740
Ending balance: individually evaluated for impairment	0	0	0
Ending balance: collectively evaluated for impairment	1,571	1,624	1,740
Loans:
Ending balance	88,962	109,182	103,088
Ending balance: individually evaluated for impairment	43	55	46
Ending balance: collectively evaluated for impairment	88,919	109,127	103,042
Consumer [Member]
Allowance for loan losses:
Balance, beginning of year	62	60	60
Provision charged to expense	9	15	14
Losses charged off	(10)	(13)	(25)
Recoveries	2	5	13
Balance, end of period	63	67	62
Ending balance: individually evaluated for impairment	0	0	0
Ending balance: collectively evaluated for impairment	63	67	62
Loans:
Ending balance	7,615	8,098	7,653
Ending balance: individually evaluated for impairment	0	4	0
Ending balance: collectively evaluated for impairment	$ 7,615	$ 8,094	$ 7,653

Loans and Allowance for Loan _6

Loans and Allowance for Loan Losses - Credit Risk Profile of Association's Loan Portfolio Based on Rating Category and Payment Activity (Detail) - USD ($) $ in Thousands	Sep. 30, 2021	Jun. 30, 2021	Sep. 30, 2020
Financing Receivable, Recorded Investment [Line Items]
Total loans	$ 512,984	$ 520,526	$ 525,033
Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	505,074	512,946
Watch [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	7,118	6,919
Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	792	861
One- to four-family [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	117,854	117,435	125,574
One- to four-family [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	116,337	116,980
One- to four-family [Member] | Watch [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	1,124
One- to four-family [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	393	455
Multi-family [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	97,211	104,433	106,886
Multi-family [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	96,950	104,170
Multi-family [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	261	263
Home equity lines of credit [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	6,274	6,688	8,147
Home equity lines of credit [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	6,274	6,688
Construction [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	31,209	25,345	10,050
Construction [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	31,209	25,345
Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	163,859	155,884	157,096
Commercial [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	162,821	154,833
Commercial [Member] | Watch [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	943	954
Commercial [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	95	97
Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	88,962	103,088	109,182
Commercial [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	83,868	97,078
Commercial [Member] | Watch [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	5,051	5,964
Commercial [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	43	46
Consumer [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	7,615	7,653	$ 8,098
Consumer [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	$ 7,615	7,652
Consumer [Member] | Watch [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans		$ 1

Loans and Allowance for Loan _7

Loans and Allowance for Loan Losses - Association's Loan Portfolio Aging Analysis (Detail) - USD ($) $ in Thousands	Sep. 30, 2021	Jun. 30, 2021	Sep. 30, 2020
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	$ 1,072	$ 680
Current	511,912	519,846
Total loans	512,984	520,526	$ 525,033
Total Loans 90 Days Past Due & Accruing	0	118
Commercial [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due		86
Current	163,859	155,798
Total loans	163,859	155,884	157,096
Commercial [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	9	9
Current	88,953	103,079
Total loans	88,962	103,088	109,182
Consumer [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	32	6
Current	7,583	7,647
Total loans	7,615	7,653	8,098
One- to four-family [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	1,031	524
Current	116,823	116,911
Total loans	117,854	117,435	125,574
Total Loans 90 Days Past Due & Accruing		118
Multi-family [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Current	97,211	104,433
Total loans	97,211	104,433	106,886
Home equity lines of credit [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due		55
Current	6,274	6,633
Total loans	6,274	6,688	8,147
Construction [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Current	31,209	25,345
Total loans	31,209	25,345	$ 10,050
Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	1,003	476
Financing Receivables, 30 to 59 Days Past Due [Member] | Commercial [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due		86
Financing Receivables, 30 to 59 Days Past Due [Member] | Commercial [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	9	9
Financing Receivables, 30 to 59 Days Past Due [Member] | Consumer [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	32	6
Financing Receivables, 30 to 59 Days Past Due [Member] | One- to four-family [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	962	320
Financing Receivables, 30 to 59 Days Past Due [Member] | Home equity lines of credit [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due		55
Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	35	52
Financing Receivables, 60 to 89 Days Past Due [Member] | One- to four-family [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	35	52
Financing Receivables, 90 Days or Greater [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	34	152
Financing Receivables, 90 Days or Greater [Member] | One- to four-family [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	$ 34	$ 152

Loans and Allowance for Loan _8

Loans and Allowance for Loan Losses - Summary of Impaired Loans (Detail) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Jun. 30, 2021
Financing Receivable, Impaired [Line Items]
Specific Allowance	$ 0	$ 0	$ 0
Recorded Balance	1,129	1,336	1,298
Unpaid Principal Balance	1,129	1,336	1,298
Specific Allowance	0	0	0
Average Investment in Impaired Loans	1,132	1,345	1,536
Interest Income Recognized	6	19	86
Interest on Cash Basis	5	17	73
Commercial [Member]
Financing Receivable, Impaired [Line Items]
Recorded Balance, Loans without a specific allowance		0	0
Unpaid Principal Balance, Loans without a specific allowance		0	0
Average Investment in Impaired Loans, Loans without a specific allowance		0	0
Specific Allowance		0	0
Recorded Balance		0	0
Unpaid Principal Balance		0	0
Specific Allowance		0	0
Average Investment in Impaired Loans		0	0
Interest Income Recognized		0	0
Interest on Cash Basis		0	0
Commercial [Member]
Financing Receivable, Impaired [Line Items]
Recorded Balance, Loans without a specific allowance	43	55	46
Unpaid Principal Balance, Loans without a specific allowance	43	55	46
Average Investment in Impaired Loans, Loans without a specific allowance	44	57	265
Interest Income Recognized, Loans without a specific allowance	1	0	19
Interest on Cash Basis, Loans without a specific allowance	1	0	23
Recorded Balance	43	55	0
Unpaid Principal Balance	43	55	0
Average Investment in Impaired Loans	44	57	0
Interest Income Recognized	1	0	0
Interest on Cash Basis	1	0	0
Consumer [Member]
Financing Receivable, Impaired [Line Items]
Recorded Balance, Loans without a specific allowance		4	0
Unpaid Principal Balance, Loans without a specific allowance		4	0
Average Investment in Impaired Loans, Loans without a specific allowance		5	0
Interest Income Recognized, Loans without a specific allowance	0	0	0
Interest on Cash Basis, Loans without a specific allowance	0	0	0
Recorded Balance, Loans with a specific allowance		0	0
Unpaid Principal Balance, Loans with a specific allowance		0	0
Specific Allowance		0	0
Average Investment in Impaired Loans, Loans with a specific allowance		0	0
Interest Income Recognized, Loans with a specific allowance		0	0
Interest on Cash Basis, Loans with a specific allowance		0	0
Recorded Balance		4	46
Unpaid Principal Balance		4	46
Specific Allowance		0	0
Average Investment in Impaired Loans		5	265
Interest Income Recognized		0	19
Interest on Cash Basis		0	23
One- to four-family [Member]
Financing Receivable, Impaired [Line Items]
Recorded Balance, Loans without a specific allowance	1,086	1,277	1,252
Unpaid Principal Balance, Loans without a specific allowance	1,086	1,277	1,252
Average Investment in Impaired Loans, Loans without a specific allowance	1,088	1,283	1,271
Interest Income Recognized, Loans without a specific allowance	5	19	67
Interest on Cash Basis, Loans without a specific allowance	4	17	50
Recorded Balance, Loans with a specific allowance		0	0
Unpaid Principal Balance, Loans with a specific allowance		0	0
Specific Allowance		0	0
Average Investment in Impaired Loans, Loans with a specific allowance		0	0
Interest Income Recognized, Loans with a specific allowance		0	0
Interest on Cash Basis, Loans with a specific allowance		0	0
Recorded Balance	1,086	1,277
Unpaid Principal Balance	1,086	1,277
Specific Allowance		0	0
Average Investment in Impaired Loans	1,088	1,283
Interest Income Recognized	5	19
Interest on Cash Basis	$ 4	17
Multi-family [Member]
Financing Receivable, Impaired [Line Items]
Recorded Balance		0	1,252
Unpaid Principal Balance		0	1,252
Average Investment in Impaired Loans		0	1,271
Interest Income Recognized		0	67
Interest on Cash Basis		0	50
Home equity lines of credit [Member]
Financing Receivable, Impaired [Line Items]
Recorded Balance, Loans without a specific allowance		0	0
Unpaid Principal Balance, Loans without a specific allowance		0	0
Average Investment in Impaired Loans, Loans without a specific allowance		0	0
Interest Income Recognized, Loans without a specific allowance		0	0
Interest on Cash Basis, Loans without a specific allowance		0	0
Recorded Balance		0	0
Unpaid Principal Balance		0	0
Average Investment in Impaired Loans		0	0
Interest Income Recognized		0	0
Interest on Cash Basis		$ 0	$ 0

Loans and Allowance for Loan _9

Loans and Allowance for Loan Losses - Non Accruals (Detail) - USD ($) $ in Thousands	Sep. 30, 2021	Jun. 30, 2020
Mortgages on real estate:
Total	$ 34	$ 34
One- to four-family [Member]
Mortgages on real estate:
Total	34	34
Real Estate Loans Home Equity Lines Of Credit [Member]
Mortgages on real estate:
Total	0	0
Consumer Loans [Member]
Mortgages on real estate:
Total	0	0
Commercial [Member]
Mortgages on real estate:
Total		0
Commercial Business Loans [Member]
Mortgages on real estate:
Total	$ 0	$ 0

Loans and Allowance for Loan_10

Loans and Allowance for Loan Losses - Non Accruals 1 (Detail) - USD ($) $ in Thousands	Sep. 30, 2021	Jun. 30, 2020
Real estate loans
Total	$ 1,095	$ 1,264
One- to four-family [Member]
Real estate loans
Total	1,052	1,218
Home equity lines of credit [Member]
Real estate loans
Total	0	0
Real Estate Loan [Member]
Real estate loans
Total	1,052	1,218
Commercial [Member]
Real estate loans
Total		0
Commercial [Member]
Real estate loans
Total	$ 43	46
Consumer Loans [Member]
Real estate loans
Total		$ 0

Federal Home Loan Bank Stock -

Federal Home Loan Bank Stock - Additional Information (Detail) - USD ($) $ in Thousands	Sep. 30, 2021	Jun. 30, 2021
Federal Home Loan Banks [Abstract]
Federal Home Loan Bank stock	$ 4,198	$ 4,198

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income - Components of Accumulated Other Comprehensive Income (Loss) (Detail) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Accumulated Other Comprehensive Income [Line Items]
Beginning balance	$ 1,933	$ 4,203
Other comprehensive income (loss) before reclassification	(852)	147
Amounts reclassified from accumulated other comprehensive income	0	(146)
Net current period other comprehensive income (loss)	(5)	1
Ending balance	1,076	4,205
Unrealized Gains and Losses on Available-for- Sale Securities [Member]
Accumulated Other Comprehensive Income [Line Items]
Beginning balance	2,361	4,865
Other comprehensive income (loss) before reclassification	(852)	147
Amounts reclassified from accumulated other comprehensive income	0	(146)
Ending balance	1,509	4,866
Defined Benefit Pension Items [Member]
Accumulated Other Comprehensive Income [Line Items]
Beginning balance	(428)	(662)
Net current period other comprehensive income (loss)	(5)	1
Ending balance	$ (433)	$ (661)

Changes in Accumulated Other _3

Changes in Accumulated Other Comprehensive Income (AOCI) by Component - Amounts Reclassified from Accumulated Other Comprehensive Income (Detail) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Realized gains on available-for-sale securities	$ 0	$ 204
Tax expense	663	512
Net Income	1,891	1,331
Amounts Reclassified from AOCI [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Total reclassified amount before tax	(7)	206
Tax expense	(2)	59
Net Income	(5)	147
Accumulated Net Realized Investment Gains (Losses) [Member] | Amounts Reclassified from AOCI [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Realized gains on available-for-sale securities	0	204
Amortization of Defined Benefit Pension Items [Member] | Amounts Reclassified from AOCI [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Actuarial losses	$ (7)	$ 2

Income Taxes - Reconciliation o

Income Taxes - Reconciliation of Income Tax Expense at the Statutory Rate (Detail) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Income Taxes Paid, Net [Abstract]
Computed at the statutory rate	$ 536	$ 387
Decrease resulting from
Tax exempt interest	(2)	(2)
Cash surrender value of life insurance	(50)	(14)
State income taxes	178	134
Other	1	7
Actual expense	$ 663	$ 512

Regulatory Capital - Additional

Regulatory Capital - Additional Information (Detail) $ in Billions	3 Months Ended
	Sep. 30, 2021USD ($)	Sep. 30, 2020	Mar. 31, 2020
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Capital conservation buffer risk-weighted assets	2.50%
Maximum asset value required to be maintained leverage ratio	$ 10
Covid 19[Member] | Throughout Two Thousand And Twenty [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Leverage ratio		0.08
Covid 19[Member] | Throughout Two Thousand And Twenty One [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Leverage ratio	0.085
Covid 19[Member] | From Two Thousand And Twenty Two Onwards [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Leverage ratio	0.09
Maximum [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Leverage ratio			0.09

Disclosures about Fair Value _3

Disclosures about Fair Value of Assets - Fair Value Measurements of Assets Recognized on Recurring Basis (Detail) - USD ($) $ in Thousands	Sep. 30, 2021	Jun. 30, 2021
Available-for-sale securities:
Available-for-sale securities, Fair Value	$ 199,809	$ 189,891
Mortgage servicing rights	1,020	1,013
US Treasury [Member]
Available-for-sale securities:
Available-for-sale securities, Fair Value	995	996
U.S. Government and Federal Agency and Government Sponsored Enterprises (GSEs) [Member]
Available-for-sale securities:
Available-for-sale securities, Fair Value	7,991	8,039
Mortgage-backed Securities - GSE Residential [Member]
Available-for-sale securities:
Available-for-sale securities, Fair Value	178,762	170,415
Small Business Administration [Member]
Available-for-sale securities:
Available-for-sale securities, Fair Value	10,810	9,190
State and Political Subdivisions [Member]
Available-for-sale securities:
Available-for-sale securities, Fair Value	1,251	1,251
Significant Other Observable Inputs (Level 2) [Member]
Available-for-sale securities:
Mortgage servicing rights	0	0
Significant Other Observable Inputs (Level 2) [Member] | US Treasury [Member]
Available-for-sale securities:
Available-for-sale securities, Fair Value	995	996
Significant Other Observable Inputs (Level 2) [Member] | U.S. Government and Federal Agency and Government Sponsored Enterprises (GSEs) [Member]
Available-for-sale securities:
Available-for-sale securities, Fair Value	7,991	8,039
Significant Other Observable Inputs (Level 2) [Member] | Mortgage-backed Securities - GSE Residential [Member]
Available-for-sale securities:
Available-for-sale securities, Fair Value	178,762	170,415
Significant Other Observable Inputs (Level 2) [Member] | Small Business Administration [Member]
Available-for-sale securities:
Available-for-sale securities, Fair Value	10,810	9,190
Significant Other Observable Inputs (Level 2) [Member] | State and Political Subdivisions [Member]
Available-for-sale securities:
Available-for-sale securities, Fair Value	1,251	1,251
Significant Unobservable Inputs (Level 3) [Member]
Available-for-sale securities:
Mortgage servicing rights	$ 1,020	$ 1,013

Disclosures about Fair Value _4

Disclosures about Fair Value of Assets - Reconciliation of Beginning and Ending Balances of Recurring Fair Value Measurements Recognized in Accompanying Balance Sheet (Detail) - Mortgage Servicing Rights [Member] $ in Thousands	3 Months Ended
	Sep. 30, 2021USD ($)
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning Balance	$ 1,013
Total realized and unrealized gains and losses included in net income	(6)
Servicing rights that result from asset transfers	65
Payments received and loans refinanced	(52)
Ending Balance	1,020
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	$ (6)

Disclosures about Fair Value _5

Disclosures about Fair Value of Assets - Fair Value Measurement of Assets Recognized on Nonrecurring Basis (Detail) - Non-recurring [Member] - USD ($) $ in Thousands	Sep. 30, 2021	Jun. 30, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreclosed assets	$ 0	$ 191
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreclosed assets	0
Significant Other Observable Inputs (Level 2) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreclosed assets	0
Significant Unobservable Inputs (Level 3) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreclosed assets	$ 0	$ 191

Disclosures about Fair Value _6

Disclosures about Fair Value of Assets - (Losses)/Recoveries Recognized on Assets Measured on Non-Recurring Basis (Detail) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Non-recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreclosed and repossessed assets held for sale	$ 0	$ (30)

Disclosures about Fair Value _7

Disclosures about Fair Value of Assets - Quantitative Information about Unobservable Inputs Used in Recurring and Nonrecurring Level 3 Fair Value Measurements (Detail) Banking_Office in Thousands, $ in Thousands	Sep. 30, 2021USD ($)	Jun. 30, 2021USD ($)Banking_Office
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Mortgage servicing rights | $	$ 1,020	$ 1,013
Foreclosed assets | Banking_Office		191
Minimum [Member] | Discount Rate [Member] | Discounted Cash Flow [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Mortgage servicing rights, measurement input	0.095	0.095
Minimum [Member] | Constant Prepayment Rate [Member] | Discounted Cash Flow [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Mortgage servicing rights, measurement input	0.104	0.098
Minimum [Member] | Probability of Default [Member] | Discounted Cash Flow [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Mortgage servicing rights, measurement input	0	0
Maximum [Member] | Discount Rate [Member] | Discounted Cash Flow [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Mortgage servicing rights, measurement input	0.116	0.115
Maximum [Member] | Constant Prepayment Rate [Member] | Discounted Cash Flow [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Mortgage servicing rights, measurement input	0.147	0.144
Maximum [Member] | Probability of Default [Member] | Discounted Cash Flow [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Mortgage servicing rights, measurement input	0.0014	0.0014
Maximum [Member] | Comparability Adjustments [Member] | Market Comparable Properties [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Mortgage servicing rights, measurement input		0.116
Weighted Average [Member] | Discount Rate [Member] | Discounted Cash Flow [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Mortgage servicing rights, measurement input	0.095	0.095
Weighted Average [Member] | Constant Prepayment Rate [Member] | Discounted Cash Flow [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Mortgage servicing rights, measurement input	0.125	0.119
Weighted Average [Member] | Probability of Default [Member] | Discounted Cash Flow [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Mortgage servicing rights, measurement input	0.0012	0.0012
Weighted Average [Member] | Comparability Adjustments [Member] | Market Comparable Properties [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Mortgage servicing rights, measurement input		0.116

Disclosures about Fair Value _8

Disclosures about Fair Value of Assets - Estimated Fair Values of Financial Instruments and Level within Fair Value Hierarchy in which Fair Value Measurements Fall (Detail) - USD ($) $ in Thousands	Sep. 30, 2021	Jun. 30, 2021	Sep. 30, 2020	Jun. 30, 2020
Financial assets
Cash and cash equivalents	$ 28,911	$ 62,735	$ 15,696	$ 33,467
Interest-bearing time deposits in banks	2,250	2,250
Loans, net of allowance for loan losses	506,283	513,371
Federal Home Loan Bank stock	4,198	4,198
Accrued interest receivable	2,002	1,897
Financial liabilities
Deposits	637,328	667,632
Repurchase agreements	6,703	6,245
Federal Home Loan Bank advances	25,000	25,000
Advances from borrowers for taxes and insurance	776	928
Accrued interest payable	187	199
Unrecognized financial instruments (net of contract amount)
Commitments to originate loans	0	0
Lines of credit	3,000	3,000
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Financial assets
Cash and cash equivalents	28,911	62,735
Interest-bearing time deposits in banks	2,250	2,250
Unrecognized financial instruments (net of contract amount)
Commitments to originate loans	0	0
Significant Other Observable Inputs (Level 2) [Member]
Financial assets
Federal Home Loan Bank stock	4,198	4,198
Accrued interest receivable	2,002	1,897
Financial liabilities
Deposits	375,646	405,664
Repurchase agreements	6,703	6,245
Federal Home Loan Bank advances	25,604	25,673
Advances from borrowers for taxes and insurance	776	928
Accrued interest payable	187	199
Unrecognized financial instruments (net of contract amount)
Commitments to originate loans	0	0
Lines of credit	3,000	3,000
Significant Unobservable Inputs (Level 3) [Member]
Financial assets
Loans, net of allowance for loan losses	507,145	515,515
Financial liabilities
Deposits	262,141	262,603
Unrecognized financial instruments (net of contract amount)
Commitments to originate loans	$ 0	$ 0