IF Bancorp (IROQ) 10-Q 10 May 23 2023 Q3 Quarterly report Financial data

Cover Page

Cover Page - shares	9 Months Ended
	Mar. 31, 2023	May 04, 2023
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Mar. 31, 2023
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q3
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		3,354,626
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 ($)	Mar. 31, 2023	Jun. 30, 2022
Assets
Cash and due from banks	$ 9,222,000	$ 74,494,000
Interest-bearing demand deposits	243,000	1,317,000
Cash and cash equivalents	9,465,000	75,811,000
Interest-bearing time deposits in banks	1,250,000	1,500,000
Available-for-sale securities	207,693,000	220,906,000
Loans, net of allowance for credit losses of $7,535 and $7,052 at March 31, 2023 and June 30, 2022, respectively	578,511,000	518,931,000
Premises and equipment, net of accumulated depreciation of $9,191 and $8,704 at March 31, 2023 and June 30, 2022, respectively	11,160,000	9,505,000
Federal Home Loan Bank stock, at cost	3,843,000	3,142,000
Foreclosed assets held for sale	0	120,000
Accrued interest receivable	2,641,000	2,023,000
Bank-owned life insurance	14,663,000	14,373,000
Mortgage servicing rights	1,472,000	1,463,000
Deferred income taxes	10,004,000	9,166,000
Other	2,266,000	618,000
Total assets	842,968,000	857,558,000
Deposits
Demand	46,740,000	104,944,000
Savings, NOW and money market	357,920,000	396,600,000
Certificates of deposit	253,872,000	246,909,000
Brokered certificates of deposit	33,036,000	3,567,000
Total deposits	691,568,000	752,020,000
Repurchase agreements	10,764,000	9,244,000
Federal Home Loan Bank advances	56,500,000	15,000,000
Advances from borrowers for taxes and insurance	1,352,000	503,000
Accrued post-retirement benefit obligation	2,642,000	2,620,000
Accrued interest payable	961,000	176,000
Allowance for credit losses on off-balance sheet credit exposures	307,000	0
Other	5,125,000	6,337,000
Total liabilities	769,219,000	785,900,000
Commitments and Contingencies
Stockholders' Equity
Common stock, $.01 par value per share, 100,000,000 shares authorized, 3,354,626 and 3,257,626 shares issued and outstanding at March 31, 2023 and June 30, 2022, respectively	33,000	32,000
Additional paid-in capital	51,429,000	50,342,000
Unearned ESOP shares, at cost, 158,771 and 173,205 shares at March 31, 2023 and June 30, 2022, respectively	(1,588,000)	(1,732,000)
Retained earnings	42,732,000	40,362,000
Accumulated other comprehensive income (loss), net of tax	(18,857,000)	(17,346,000)
Total stockholders' equity	73,749,000	71,658,000
Total liabilities and stockholders' equity	$ 842,968,000	$ 857,558,000

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2023	Jun. 30, 2022
Statement of Financial Position [Abstract]
Allowance for loan losses	$ 7,535	$ 7,052
Premises and equipment, accumulated depreciation	$ 9,191	$ 8,704
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	3,354,626	3,257,626
Common stock, shares outstanding	3,354,626	3,257,626
Unearned ESOP shares	158,771	173,205

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Mar. 31, 2023	Mar. 31, 2022
Interest and Dividend Income
Interest and fees on loans	$ 6,690	$ 4,907	$ 18,889	$ 15,292
Securities:
Taxable	1,345	1,033	4,048	3,074
Tax-exempt	26	9	80	27
Federal Home Loan Bank dividends	64	31	134	89
Deposits with other financial institutions	73	23	231	78
Total interest and dividend income	8,198	6,003	23,382	18,560
Interest Expense
Deposits	2,501	498	4,560	1,572
Federal Home Loan Bank advances and repurchase agreements	661	94	1,491	288
Line of credit and other borrowings	0	19	0	57
Total interest expense	3,162	611	6,051	1,917
Net Interest Income	5,036	5,392	17,331	16,643
Provision for Credit Losses	240	242	253	39
Net Interest Income After Provision for Credit Losses	4,796	5,150	17,078	16,604
Noninterest Income
Insurance commissions	130	180	506	559
Brokerage commissions	168	289	607	865
Net realized gains (losses) on sales of available-for-sale securities	12	0	(171)	0
Mortgage banking income, net	43	400	267	635
Gain on sale of loans	48	32	124	414
Bank-owned life insurance income, net	96	88	290	393
Other	296	320	938	1,087
Total noninterest income	942	1,454	3,028	4,439
Noninterest Expense
Compensation and benefits	3,203	3,393	9,414	9,602
Office occupancy	248	261	728	729
Equipment	563	486	1,725	1,484
Federal deposit insurance	57	50	169	146
Stationary, printing and office	23	16	78	60
Advertising	109	98	379	281
Professional services	78	69	368	298
Supervisory examinations	43	38	132	122
Audit and accounting services	43	17	137	110
Organizational dues and subscriptions	8	4	51	48
Insurance bond premiums	50	46	151	141
Telephone and postage	44	40	124	119
Loss (Gain) on foreclosed assets, net	0	19	(28)	6
Other	377	511	1,187	1,454
Total noninterest expense	4,846	5,048	14,615	14,600
Income Before Income Tax	892	1,556	5,491	6,443
Provision for Income Tax	202	402	1,428	1,694
Net Income	$ 690	$ 1,154	$ 4,063	$ 4,749
Earnings Per Share:
Basic	$ 0.22	$ 0.37	$ 1.29	$ 1.55
Diluted	0.21	0.37	1.25	1.52
Dividends declared per common share	$ 0.2	$ 0.175	$ 0.4	$ 0.35
Customer Service Fees [Member]
Noninterest Income
Noninterest income	$ 91	$ 82	$ 294	$ 255
Other Service Charges and Fees [Member]
Noninterest Income
Noninterest income	$ 58	$ 63	$ 173	$ 231

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Mar. 31, 2023	Mar. 31, 2022
Statement of Comprehensive Income [Abstract]
Net Income	$ 690	$ 1,154	$ 4,063	$ 4,749
Other Comprehensive Income (Loss)
Unrealized appreciation (depreciation) on available-for-sale securities	2,195	(8,816)	(1,630)	(11,288)
Less: reclassification adjustment for realized gains (losses) included in net income	8	0	(123)	0
Accumulated other comprehensive income (loss) before tax	2,187	(8,816)	(1,507)	(11,288)
Postretirement health plan amortization of transition obligation and prior service cost and change in net loss	(2)	(10)	(4)	(25)
Other comprehensive Income (loss), net of tax	2,185	(8,826)	(1,511)	(11,313)
Comprehensive Income (Loss)	$ 2,875	$ (7,672)	$ 2,552	$ (6,564)

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Comprehensive Income (Loss) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Mar. 31, 2023	Mar. 31, 2022
Statement of Comprehensive Income [Abstract]
Unrealized appreciation (depreciation) on available-for-sale securities, tax	$ 874	$ (3,515)	$ (649)	$ (4,500)
Reclassification adjustment for realized gains (losses) included in net income, tax	4	0	(48)	0
Postretirement health plan amortization of transition obligation and prior service cost and change in net loss, tax	$ 0	$ (4)	$ (1)	$ (10)

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands	Total	Cumulative Impact Of ASU Two Thousand Sixteen Thirteen [Member]	Cumulative Effect, Period of Adoption, Adjusted Balance [Member]	Common Stock [Member]	Common Stock [Member] Cumulative Impact Of ASU Two Thousand Sixteen Thirteen [Member]	Common Stock [Member] Cumulative Effect, Period of Adoption, Adjusted Balance [Member]	Additional Paid-In Capital [Member]	Additional Paid-In Capital [Member] Cumulative Impact Of ASU Two Thousand Sixteen Thirteen [Member]	Additional Paid-In Capital [Member] Cumulative Effect, Period of Adoption, Adjusted Balance [Member]	Unearned Esop Shares [Member]	Unearned Esop Shares [Member] Cumulative Impact Of ASU Two Thousand Sixteen Thirteen [Member]	Unearned Esop Shares [Member] Cumulative Effect, Period of Adoption, Adjusted Balance [Member]	Retained Earnings [Member]	Retained Earnings [Member] Cumulative Impact Of ASU Two Thousand Sixteen Thirteen [Member]	Retained Earnings [Member] Cumulative Effect, Period of Adoption, Adjusted Balance [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Accumulated Other Comprehensive Income (Loss) [Member] Cumulative Impact Of ASU Two Thousand Sixteen Thirteen [Member]	Accumulated Other Comprehensive Income (Loss) [Member] Cumulative Effect, Period of Adoption, Adjusted Balance [Member]
Beginning Balance at Jun. 30, 2021	$ 85,304			$ 32			$ 49,619			$ (1,925)			$ 35,645			$ 1,933
Net income	4,749												4,749
Other comprehensive loss	(11,313)															(11,313)
Dividends on common stock	(1,102)												(1,102)
Stock options exercised	315						315
Stock equity plan	116						116
ESOP shares earned	340						195			145
Ending Balance at Mar. 31, 2022	78,409			32			50,245			(1,780)			39,292			(9,380)
Beginning Balance at Dec. 31, 2021	86,494			32			50,136			(1,828)			38,708			(554)
Net income	1,154												1,154
Other comprehensive loss	(8,826)															(8,826)
Dividends on common stock	(570)												(570)
Stock equity plan	40						40
ESOP shares earned	117						69			48
Ending Balance at Mar. 31, 2022	78,409			32			50,245			(1,780)			39,292			(9,380)
Beginning Balance at Jun. 30, 2022	71,658	$ (388)	$ 71,270	32	$ 0	$ 32	50,342	$ 0	$ 50,342	(1,732)	$ 0	$ (1,732)	40,362	$ (388)	$ 39,974	(17,346)	$ 0	$ (17,346)
Net income	4,063												4,063
Other comprehensive loss	(1,511)															(1,511)
Dividends on common stock	(1,305)												(1,305)
Stock options exercised	732			1			731
Stock equity plan	237						237
ESOP shares earned	263						119			144
Ending Balance at Mar. 31, 2023	73,749			33			51,429			(1,588)			42,732			(18,857)
Beginning Balance at Dec. 31, 2022			$ 71,090			$ 33			$ 51,021			$ (1,636)			$ 42,714			$ (21,042)
Net income	690												690
Other comprehensive loss	2,185															2,185
Dividends on common stock	(672)												(672)
Stock options exercised	283						283
Stock equity plan	90						90
ESOP shares earned	83						35			48
Ending Balance at Mar. 31, 2023	$ 73,749			$ 33			$ 51,429			$ (1,588)			$ 42,732			$ (18,857)

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Stockholders' Equity (Parenthetical) - $ / shares	3 Months Ended		9 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Mar. 31, 2023	Mar. 31, 2022
Dividends declared per common share	$ 0.2	$ 0.175	$ 0.4	$ 0.35
ESOP shares earned, shares	4,811	4,811	14,434	14,434
Retained Earnings [Member]
Dividends declared per common share	$ 0.2	$ 0.175	$ 0.4	$ 0.35

Condensed Consolidated Statem_6

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Operating Activities
Net income	$ 4,063	$ 4,749
Items not requiring (providing) cash
Depreciation	487	505
Provision for loan losses	253	39
Amortization of premiums and discounts on securities	217	460
Deferred income taxes	(236)	304
Net realized gains on loan sales	(124)	(414)
Net realized losses on sales of available-for-sale securities	171	0
Loss (Gain) on foreclosed assets held for sale	(28)	6
Bank-owned life insurance income, net	(290)	(393)
ESOP compensation expense	263	340
Stock equity plan expense	237	116
Originations of loans held for sale	(5,116)	(21,680)
Proceeds from sales of loans held for sale	5,458	21,875
Changes in
Accrued interest receivable	(618)	(109)
Other assets	(1,648)	328
Accrued interest payable	785	(31)
Post-retirement benefit obligation	17	29
Other liabilities	(2,239)	(421)
Net cash provided by operating activities	1,652	5,703
Investing Activities
Net change in interest bearing time deposits	250	0
Purchases of available-for-sale securities	(16,810)	(68,002)
Proceeds from the sales of available-for-sale securities	7,695	0
Proceeds from maturities and pay downs of available-for-sale securities	19,832	23,006
Net change in loans	(59,786)	13,225
Purchase of premises and equipment	(2,142)	(282)
Proceeds from sale of foreclosed assets	148	253
Purchase of Federal Home Loan Bank stock	(1,050)	0
Redemption of Federal Home Loan Bank Stock	349	0
Purchase of bank-owned life insurance	0	(5,000)
Proceeds from settlement of bank-owned life insurance policies	0	454
Net cash used in investing activities	(51,514)	(36,346)
Financing Activities
Net increase (decrease) in demand deposits, money market, NOW and savings accounts	(96,884)	2,002
Net increase (decrease) in certificates of deposit, including brokered certificates	36,432	(2,603)
Net increase in advances from borrowers for taxes and insurance	849	370
Proceeds from Federal Home Loan Bank advances	263,600	0
Repayments of Federal Home Loan Bank advances	(222,100)	(5,000)
Net increase in repurchase agreements	1,520	1,018
Dividends paid	(633)	(532)
Proceeds from exercise of stock options	732	315
Net cash used in financing activities	(16,484)	(4,430)
Net Decrease in Cash and Cash Equivalents	(66,346)	(35,073)
Cash and Cash Equivalents, Beginning of Period	75,811	62,735
Cash and Cash Equivalents, End of Period	9,465	27,662
Supplemental Cash Flows Information
Interest paid	5,266	1,948
Income taxes paid, net of refunds	1,780	1,603
Foreclosed assets acquired in settlement of loans	0	120
Dividends Payable	$ 672	$ 570

Basis of Financial Statement Pr

Basis of Financial Statement Presentation	9 Months Ended
	Mar. 31, 2023
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 and Regulation S–X. Accordingly, certain information and footnote disclosures normally included in financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to such rules and regulations. The preparation of consolidated financial statements requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the balance sheet date and revenues and expenses for the period. Actual results could differ from these estimates. In the opinion of management, the preceding unaudited condensed consolidated financial statements contain all adjustments (consisting only of normal recurring accruals) necessary for a fair presentation of the financial condition of the Company as of March 31, 2023 and June 30, 2022, and the results of its operations for the three month and nine month periods ended March 31, 2023 and 2022. These consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K 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, IF Insurance Agency, receives commissions on premiums of new and renewed business policies. IF 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	9 Months Ended
	Mar. 31, 2023
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, The Company early adopted ASU 2016-13 2016-13, 2016-13. off-balance The following table illustrates the impact of ASU 2016-13 July 1, 2022 Allowance for credit ASU 2016-13 Allowance pre-ASU 2016- 13 Adoption Impact on Allowance ASU 2016-13 Assets: Real Estate Loans One- $ 1,410 $ 1,028 $ 382 Multi-Family 1,235 1,375 (140 ) Commercial 2,370 1,985 385 HELOC 103 70 33 Construction 681 489 192 Commercial Business 1,207 2,025 (818 ) Consumer 93 80 13 Allowance for credit losses for all loans $ 7,099 $ 7,052 $ 47 Liabilities: Allowance for credit losses on off-balance $ 496 $ — $ 496 In March 2022, FASB issued ASU 2022-02, Financial Instruments-Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures . 310-40, Receivables—Troubled Debt Restructurings by Creditors 326-20, Financial Instruments—Credit Losses—Measured at Amortized Cost

Stock-based Compensation

Stock-based Compensation	9 Months Ended
	Mar. 31, 2023
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 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 two five 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 March 31, 2023 and June 30, 2022 are as follows (dollars in thousands): March 31, 2023 June 30, 2022 Allocated shares 162,986 160,772 Shares committed for release 14,434 19,245 Unearned shares 158,771 173,205 Total ESOP shares 336,191 353,222 Fair value of unearned ESOP shares (1) $ 2,467 $ 3,291 (1) Based on closing price of $15.54 and $19.00 per share on March 31, 2023, and June 30, 2022, respectively. During the nine months ended March 31, 2023, 9,348 ESOP shares were paid to ESOP participants due to separation from service and 7,683 shares were transferred out as a result of participant diversification. During the nine months ended March 31, 2022, 3,862 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 for a ten-year non-qualified 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. On September 9, 2022, 53,000 shares of restricted stock were awarded to senior officers and directors of the Association. These shares of restricted stock will vest in equal installments over 5 years, starting in September 2023. No shares have been granted from the 2022 Equity Incentive Plan as of March 31, 2023, so there are 211,880 shares of restricted stock and 52,970 stock option shares available for future grants under this plan. The following table summarizes stock option activity for the nine months ended March 31, 2023 (dollars in thousands): Options Weighted-Average Weighted-Average Aggregate Intrinsic Outstanding, June 30, 2022 134,143 $ 16.63 Granted — — Exercised 44,000 16.63 Forfeited — — Outstanding, March 31, 2023 90,143 $ 16.63 0.7 $ — (1) Exercisable, March 31, 2023 90,143 $ 16.63 0.7 $ — (1) (1) Based on closing price of $15.54 per share on March 31, 2023. Intrinsic value for stock options is defined as the difference between the current market value and the exercise price. There were no stock options granted during the nine months ended March 31, 2023. No stock options vested during the nine months ended March 31, 2023 and 2022. Stock-based compensation expense and related tax benefit were zero for stock options for the nine months ended March 31, 2023 and 2022. Compensation non-vested The following table summarizes non-vested Shares Weighted-Average Grant-Date Fair Value Balance, June 30, 2022 18,876 $ 16.82 Granted 53,000 19.10 Forfeited — — Earned and issued 9,562 16.83 Balance, March 31, 2023 62,314 $ 18.76 The fair value of the restricted stock awards is amortized to compensation expense over the vesting period 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")	9 Months Ended
	Mar. 31, 2023
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 and nine-month periods ended March 31, 2023 and 2022. The factors used in the earnings per common share computation are as follows: Three Months Ended Three Months Ended Nine Months Ended Nine Months Ended Net income $ 690 $ 1,154 $ 4,063 $ 4,749 Basic weighted average shares outstanding 3,343,670 3,257,782 3,318,809 3,251,073 Less: Average unallocated ESOP shares (161,177 ) (180,422 ) (165,988 ) (185,233 ) Basic average shares outstanding 3,182,493 3,077,360 3,152,821 3,065,840 Diluted effect of restricted stock awards and stock options 82,103 72,919 86,964 68,497 Diluted average shares outstanding 3,246,596 3,150,279 3,239,785 3,134,337 Basic earnings per common share $ 0.22 $ 0.37 $ 1.29 $ 1.55 Diluted earnings per common share $ 0.21 $ 0.37 $ 1.25 $ 1.52

Securities

Securities	9 Months Ended
	Mar. 31, 2023
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 on securities, are as follows: Amortized Gross Gross Fair Value Available-for-sale March 31, 2023: U.S. Treasury $ 1,496 $ — $ (54 ) $ 1,442 U.S. Government and federal agency 6,976 — (437 ) 6,539 Mortgage-backed: GSE residential 204,128 121 (24,030 ) 180,219 Small Business Administration 17,910 70 (1,918 ) 16,062 State and political subdivisions 3,437 — (6 ) 3,431 $ 233,947 $ 191 $ (26,445 ) $ 207,693 June 30, 2022: U.S. Treasury $ 3,483 $ — $ (83 ) $ 3,400 U.S. Government and federal agency 9,488 — (367 ) 9,121 Mortgage-backed: GSE residential 210,367 47 (22,229 ) 188,185 Small Business Administration 17,960 3 (1,521 ) 16,442 State and political subdivisions 3,754 4 — 3,758 $ 245,052 $ 54 $ (24,200 ) $ 220,906 Available for sale securities (“AFS”), which include any security for which the Company has no immediate plan to sell but which may be sold in the future, are carried at fair value. Unrealized gains and losses, net of tax, are reported in accumulated other comprehensive income (loss), a component of stockholders’ equity. All securities have been classified as available for sale. Premiums and discounts on debt securities are amortized or accreted as adjustments to income over the estimated life of the security using the level yield method or to the earlier of call or maturity date. Realized gains or losses on the sale of securities is based on the specific identification method. The fair value of securities is based on quoted market prices or dealer quotes. If a quoted market price is not available, fair value is estimated using quoted market prices for similar securities. For AFS securities with fair value less than amortized cost that management has no intent to sell and believes that it more likely than not will not be required to sell prior to recovery, only the credit loss component of the impairment is recognized in earnings, while the noncredit loss is recognized in accumulated other comprehensive income (loss). The credit loss component recognized in earnings is identified as the amount of principal cash flows not expected to be received over the remaining term of the security as projected based on cash flow projections, and is recorded to the allowance for credit losses (ACL) on investments, by a charge to provision for credit losses. Accrued interest receivable is excluded from the estimate of credit losses. Both the ACL and the adjustment to net income may be reversed if conditions change. However, if the Company intends to sell an impaired AFS security, or, if it is more likely than not the Company will be required to sell such a security before recovering its amortized cost basis, the entire impairment amount would be recognized in earnings with a corresponding adjustment to the security’s amortized cost basis. Because the security’s amortized cost basis is adjusted to fair value, there would be no ACL in this situation. At adoption of ASU 2016-13, Changes in the ACL are recorded as expense. Losses are charged against the ACL when management believes the uncollectability of an AFS debt security is confirmed or when either of the criteria regarding intent or requirement to sell is met. The Company did not hold securities of any one issuer at March 31, 2023 with a book value that exceeded 10% of the Company’s total equity except for: Mortgage-backed GSE residential securities and Small Business Administration securities with a book value of approximately $204,128,000 and $17,910,000, respectively, and a market value of approximately $180,219,000 and $16,062,000, respectively, at March 31, 2023. All mortgage-backed securities at March 31, 2023 and June 30, 2022 were issued by GSEs. The amortized cost and fair value of available-for-sale Available-for-sale Securities Amortized Fair Within one year $ 1,000 $ 995 One to five years 5,957 5,735 Five to ten years 10,989 10,343 After ten years 11,873 10,401 29,819 27,474 Mortgage-backed securities 204,128 180,219 Totals $ 233,947 $ 207,693 The carrying value of securities pledged as collateral to secure public deposits and for other purposes was $100,681,000 and $125,209,000 as of March 31, 2023 and June 30, 2022, respectively. The carrying value of securities sold under agreement to repurchase amounted to $10.8 million at March 31, 2023 and $9.2 million at June 30, 2022. At March 31, 2023, all $10.8 million of our repurchase agreements had an overnight maturity and all of our repurchase agreements 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 $12,000 and $0 and gross losses of $183,000 and $0, resulting from sales of available-for-sale 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 March 31, 2023 and June 30, 2022 was $193,637,000 and $209,133,000, respectively, which is approximately 93% and 95% of the Company’s available-for-sale The following table shows the gross unrealized investment losses and the fair value of the Company’s investments with unrealized losses aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position at March 31, 2023 and June 30, 2022: Less Than 12 Months 12 Months or More Total Description of Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized March 31, 2023: U.S. Treasury $ — $ — $ 1,442 $ (54 ) $ 1,442 $ (54 ) U.S. Government and federal agency 1,949 (46 ) 4,590 (391 ) 6,539 (437 ) Mortgage-backed: GSE residential 29,284 (852 ) 140,627 (23,178 ) 169,911 (24,030 ) Small Business Administration 2,454 (76 ) 12,221 (1,842 ) 14,675 (1,918 ) State and political subdivisions 1,070 (6 ) — — 1,070 (6 ) Total $ 34,757 $ (980 ) $ 158,880 $ (25,465 ) $ 193,637 $ (26,445 ) June 30, 2022: U.S. Treasury $ 3,400 $ (83 ) $ — $ — $ 3,400 $ (83 ) U.S. Government and federal agency 9,121 (367 ) — — 9,121 (367 ) Mortgage-backed: GSE residential 144,042 (15,267 ) 37,587 (6,962 ) 181,629 (22,229 ) Small Business Administration 12,955 (1,160 ) 2,028 (361 ) 14,983 (1,521 ) Total $ 169,518 $ (16,877 ) $ 39,615 $ (7,323 ) $ 209,133 $ (24,200 ) The unrealized losses on the Company’s investment in U.S. Treasury, U.S. Government and federal agency, Mortgage-backed Government sponsored enterprises, Small Business Administration and state and political subdivision securities at March 31, 2023 and June 30, 2022, 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 impaired at March 31, 2023 and June 30, 2022.

Loans and Allowance for Credit

Loans and Allowance for Credit Losses	9 Months Ended
	Mar. 31, 2023
Receivables [Abstract]
Loans and Allowance for Credit Losses	Note 6: Loans and Allowance for Credit Losses Classes of loans include: March 31, 2023 June 30, 2022 Real estate loans: One- $ 158,388 $ 132,474 Multi-family 98,891 88,247 Commercial 198,976 167,375 Home equity lines of credit 7,058 6,987 Construction 42,881 41,254 Commercial 71,129 80,418 Consumer 8,491 8,981 Total loans 585,814 525,736 Less: Unearned fees and discounts, net (232 ) (247 ) Allowance for credit losses 7,535 7,052 Loans, net $ 578,511 $ 518,931 The Company had loans held for sale included in one- The Company believes that sound loans are a necessary and desirable means of deploying 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 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 lending activity includes 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 credit losses and reports related to loan production, loan quality, concentrations of credit, loan delinquencies and non-performing Interest on loans is accrued based upon the principal amount outstanding. In the event that collection of principal becomes uncertain, the Company has policies in place to reverse accrued interest in a timely manner. Therefore, the Company has made a policy election to exclude accrued interest from the measurement of ACL. 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 non-accrual The Company’s policies and loan approval limits are established by the Board of Directors. The structure of the Company’s loan approval process is based on progressively larger lending authorities granted to loan officers, loan committees, and ultimately the Board of Directors through its Operating Committee, consisting of the Chairman and up to four other Board members. At no time is a borrower’s total borrowing relationship to exceed our regulatory lending limit. Loans to related parties, including executive officers and the Company’s directors, are reviewed for compliance with regulatory guidelines and the Board of Directors at least annually. 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 Company also receives independent loan reviews performed by a third party on larger commercial loans to be performed semi-annually. In addition to compliance with our policy, the third party loan review process reviews the risk assessments made by our credit department, lenders and loan committees. Results of these reviews are presented to management 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 (USDA Rural Development) and FHA 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 March 31, 2023 and June 30, 2022, the Company had no PPP loans, compared to 18 PPP loans totaling $1.2 million at March 31, 2022. 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 and multi-family real estate properties amounting to $334,513,000 and $290,972,000 as of March 31, 2023 and June 30, 2022, 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 $675,000 and $1,570,000 at March 31, 2023 and June 30, 2022, 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 $41,857,000 and $29,972,000 at March 31, 2023 and June 30, 2022, respectively, of which $23,646,000 and $13,234,000, at March 31, 2023 and June 30, 2022 were outside our primary market area. Allowance for Credit Losses The following tables present the activity in the allowance for credit losses and the recorded investment in loans based on loan classes as of March 31, 2023 and June 30, 2022, and activity in the allowance for credit losses and allowance for loan losses for the three-month and nine-month periods ended March 31, 2023 and 2022 and the year ended June 30, 2022: Three Months Ended March 31, 2023 Real Estate Loans One- to Four-Family Multi-Family Commercial Home Equity Allowance for credit losses: Balance, beginning of period $ 1,722 $ 1,402 $ 2,392 $ 101 Provision for credit losses 268 (117 ) 118 (3 ) Losses charged off — — — — Recoveries — — — — Balance, end of period $ 1,990 $ 1,285 $ 2,510 $ 98 Loans: Ending balance $ 158,388 $ 98,891 $ 198,976 $ 7,058 Three Months Ended March 31, 2023 (Continued) Construction Commercial Consumer Total Allowance for credit losses: Balance, beginning of period $ 585 $ 871 $ 93 $ 7,166 Provision for credit losses 101 12 (12 ) 367 Losses charged off — — (9 ) (9 ) Recoveries — 6 5 11 Balance, end of period $ 686 $ 889 $ 77 $ 7,535 Loans: Ending balance $ 42,881 $ 71,129 $ 8,491 $ 585,814 Nine Months Ended March 31, 2023 Real Estate Loans One- Four-Family Multi-Family Commercial Home Equity Allowance for credit losses: Balance, beginning of period (prior to adoption of ASU 2016-13) $ 1,028 $ 1,375 $ 1,985 $ 70 Impact of adopting ASU 2016-13 382 (140 ) 385 33 Provision for credit losses 579 50 140 (5 ) Losses charged off — — — — Recoveries 1 — — — Balance, end of period $ 1,990 $ 1,285 $ 2,510 $ 98 Loans: Ending balance $ 158,388 $ 98,891 $ 198,976 $ 7,058 Nine Months Ended March 31, 2023 (Continued) Construction Commercial Consumer Total Allowance for credit losses: Balance, beginning of period (prior to adoption of ASU 2016-13) $ 489 $ 2,025 $ 80 $ 7,052 Impact of adopting ASU 2016-13 192 (818 ) 13 47 Provision for credit losses 5 (332 ) 5 442 Losses charged off — (4 ) (30 ) (34 ) Recoveries — 18 9 28 Balance, end of period $ 686 $ 889 $ 77 $ 7,535 Loans: Ending balance $ 42,881 $ 71,129 $ 8,491 $ 585,814 Year Ended June 30, 2022 Real Estate Loans One- to Four-Family Multi-Family Commercial Home Equity Allowance for loan losses: Balance, beginning of year $ 967 $ 1,674 $ 1,831 $ 67 Provision charged to expense 100 (299 ) 154 3 Losses charged off (40 ) — — — Recoveries 1 — — — Balance, end of year $ 1,028 $ 1,375 $ 1,985 $ 70 Ending balance: individually evaluated for impairment $ — $ — $ — $ — Ending balance: collectively evaluated for impairment $ 1,028 $ 1,375 $ 1,985 $ 70 Loans: Ending balance $ 132,474 $ 88,247 $ 167,375 $ 6,987 Ending balance: individually evaluated for impairment $ 1,350 $ — $ — $ — Ending balance: collectively evaluated for impairment $ 131,124 $ 88,247 $ 167,375 $ 6,987 Year Ended June 30, 2022 (Continued) Construction Commercial Consumer Total Allowance for loan losses: Balance, beginning of year $ 258 $ 1,740 $ 62 $ 6,599 Provision charged to expense 231 265 38 492 Losses charged off — — (27 ) (67 ) Recoveries — 20 7 28 Balance, end of year $ 489 $ 2,025 $ 80 $ 7,052 Ending balance: individually evaluated for impairment $ — $ — $ — $ — Ending balance: collectively evaluated for impairment $ 489 $ 2,025 $ 80 $ 7,052 Loans: Ending balance $ 41,254 $ 80,418 $ 8,981 $ 525,736 Ending balance: individually evaluated for impairment $ — $ 35 $ — $ 1,385 Ending balance: collectively evaluated for impairment $ 41,254 $ 80,383 $ 8,981 $ 524,351 Three Months Ended March 31, 2022 Real Estate Loans One- to Four-Family Multi- Commercial Home Equity Allowance for loan losses: Balance, beginning of period $ 1,082 $ 1,400 $ 1,962 $ 62 Provision charged to expense (13 ) 27 4 4 Losses charged off (26 ) — — — Recoveries — — — — Balance, end of period $ 1,043 $ 1,427 $ 1,966 $ 66 Ending balance: individually evaluated for impairment $ — $ — $ — $ — Ending balance: collectively evaluated for impairment $ 1,043 $ 1,427 $ 1,966 $ 66 Loans: Ending balance $ 124,590 $ 88,566 $ 165,132 $ 6,600 Ending balance: individually evaluated for impairment $ 1,076 $ — $ — $ — Ending balance: collectively evaluated for impairment $ 123,514 $ 88,566 $ 165,132 $ 6,600 Three Months Ended March 31, 2022 (Continued) Construction Commercial Consumer Total Allowance for loan losses: Balance, beginning of period $ 299 $ 1,521 $ 69 $ 6,395 Provision charged to expense 60 154 6 242 Losses charged off — — (6 ) (32 ) Recoveries — 4 2 6 Balance, end of period $ 359 $ 1,679 $ 71 $ 6,611 Ending balance: individually evaluated for impairment $ — $ — $ — $ — Ending balance: collectively evaluated for impairment $ 359 $ 1,679 $ 71 $ 6,611 Loans: Ending balance $ 31,127 $ 81,399 $ 8,298 $ 505,712 Ending balance: individually evaluated for impairment $ — $ 38 $ — $ 1,114 Ending balance: collectively evaluated for impairment $ 31,127 $ 81,361 $ 8,298 $ 504,598 Nine Months Ended March 31, 2022 Real Estate Loans One- 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 101 (247 ) 135 (1 ) Losses charged off (26 ) — — — Recoveries 1 — — — Balance, end of period $ 1,043 $ 1,427 $ 1,966 $ 66 Ending balance: individually evaluated for impairment $ — $ — $ — $ — Ending balance: collectively evaluated for impairment $ 1,043 $ 1,427 $ 1,966 $ 66 Loans: Ending balance $ 124,590 $ 88,566 $ 165,132 $ 6,600 Ending balance: individually evaluated for impairment $ 1,076 $ — $ — $ — Ending balance: collectively evaluated for impairment $ 123,514 $ 88,566 $ 165,132 $ 6,600 Nine Months Ended March 31, 2022 (Continued) Construction Commercial Consumer Total Allowance for loan losses: Balance, beginning of period $ 258 $ 1,740 $ 62 $ 6,599 Provision charged to expense 101 (77 ) 27 39 Losses charged off — — (24 ) (50 ) Recoveries — 16 6 23 Balance, end of period $ 359 $ 1,679 $ 71 $ 6,611 Ending balance: individually evaluated for impairment $ — $ — $ — $ — Ending balance: collectively evaluated for impairment $ 359 $ 1,679 $ 71 $ 6,611 Loans: Ending balance $ 31,127 $ 81,399 $ 8,298 $ 505,712 Ending balance: individually evaluated for impairment $ — $ 38 $ — $ 1,114 Ending balance: collectively evaluated for impairment $ 31,127 $ 81,361 $ 8,298 $ 504,598 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 credit losses (ACL) represents the Company’s best estimate of the reserve necessary to adequately account for probable losses expected over the remaining contractual life of the assets. The provision for credit losses is the charge against current earnings that is determined by the Company as the amount needed to maintain an adequate allowance for credit losses. In determining the adequacy of the allowance for credit losses, and therefore the provision to be charged to current earnings, the Company relies on a sound credit review and approval process. The review process is directed by the overall lending policy and is intended to identify, at the earliest possible stage, borrowers who might be facing financial difficulty. The Company adopted ASU 2016-13, The ACL is a valuation account that is deducted from the loans’ amortized cost basis to present the net amount expected to be collected on the loans and is established through provision for credit losses charged to current earnings. The ACL is increased by the provision for losses on loans charged to expense and reduced by loans charged off, net of recoveries. Loans are charged off in the period deemed uncollectible, based on management’s analysis of expected cash flows (for non-collateral Management estimates the ACL balance using relevant available information, from internal and external sources, relating to past events, current conditions, and reasonable and supportable forecasts. Adjustments may be made to historical loss information for differences identified in current loan-specific risk characteristics, such as differences in underwriting standards or terms; lending review systems; experience, ability, or depth of lending management and staff; portfolio growth and mix; delinquency levels and trends; as well as for changes in environmental conditions, such as changes in economic activity or employment, industry economic conditions, property values, or other relevant factors. The allowance for credit losses on most loans is measured on a collective (pool) basis for loans with similar risk characteristics. The Company estimates the appropriate level of allowance for credit losses for collateral-dependent loans by evaluating them separately. The specific allowance for collateral-dependent loans that are evaluated separately is measured by determining 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 collateral-dependent 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 segmenting the loan portfolio into pools with similar risks and collecting data to determine pool loss experience. Factors considered by the Company in evaluating the overall adequacy of the allowance include historical net loan losses, the level and composition of nonaccrual, past due and troubled debt restructurings, trends in volumes and terms of loans, effects of changes in risk selection and underwriting standards or lending practices, lending staff changes, concentrations of credit, industry conditions and the current economic conditions in the region where the Company operates. In addition, a forecast, using reasonable and supportable future conditions, is prepared that is used to estimate expected changes to existing and historical conditions in the current period. Prior to the July 1, 2022, adoption of ASU 2016-13, financial information, collateral valuations, historical payment experience, credit documentation, public information, and current trends. Loans were considered impaired if, based on current information and events, it was considered probable that the Company would be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement, and was generally based on the fair value, less estimated costs to sell, of the loan’s collateral. If the loan was not collateral-dependent, the measurement of impairment was based on the present value of expected future cash flows discounted at the historical effective interest rate, or the observable market price of the loan. Impairment identified through this evaluation process was a component of the ALLL. If a loan was not considered impaired, it was grouped together with loans having similar characteristics (i.e., the same risk grade), and an ALLL was based upon a quantitative factor (historical average charge-offs) and qualitative factors such as certain management assumptions, changes in lending policies; national, regional, and local economic conditions; changes in mix and volume of portfolio; experience, ability, and depth of lending management and staff; entry to new markets; levels and trends of delinquent, nonaccrual, special mention, and classified loans; concentrations of credit; changes in collateral values; agricultural economic conditions; and regulatory risk. 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: property securing the loan or the business conducted on the property securing the loan. These loans are viewed primarily as cash flow loans and secondarily as loans secured by real estate. Credit risk in these loans may be impacted by the creditworthiness of a borrower, property values and the local economies in the Company’s market areas. Construction Real Estate: Commercial: Consumer: The following tables present the credit risk profile of the Company’s loan portfolio based on risk rating category and year of origination as of March 31, 2023 and the risk rating category and class of loan as of June 30, 2022 (in thousands): Risk Rating 2023 2022 2021 2020 2019 Prior Years Total One- Pass $ 10,309 $ 57,680 $ 29,815 $ 18,748 $ 6,175 $ 33,790 $ 156,517 Special Mention — — — — — 1,456 1,456 Substandard — 7 99 61 224 24 415 Total $ 10,309 $ 57,687 $ 29,914 $ 18,809 $ 6,399 $ 35,270 $ 158,388 Multi-Family Pass $ 301 $ 37,966 $ 10,849 $ 14,523 $ 8,676 $ 26,330 $ 98,645 Special Mention — — — — — — — Substandard — — — — 246 — 246 Total $ 301 $ 37,966 $ 10,849 $ 14,523 $ 8,922 $ 26,330 $ 98,891 Commercial Real Estate Pass $ 9,305 $ 67,351 $ 30,332 $ 32,441 $ 5,919 $ 50,675 $ 196,023 Special Mention — — — — — — — Substandard — — — 871 82 2000 2,953 Total $ 9,305 $ 67,351 $ 30,332 $ 33,312 $ 6,001 $ 52,675 $ 198,976 Home Equity Line of Credit Pass $ 229 $ 2,346 $ 1,293 $ 895 $ 796 $ 1,499 $ 7,058 Special Mention — — — — — — — Substandard — — — — — — — Total $ 229 $ 2,346 $ 1,293 $ 895 $ 796 $ 1,499 $ 7,058 Construction Pass $ 1,016 $ 23,070 $ 11,125 $ 7,670 $ — $ — $ 42,881 Special Mention — — — — — — — Substandard — — — — — — — Total $ 1,016 $ 23,070 $ 11,125 $ 7,670 $ — $ — $ 42,881 Commercial Business Pass $ 5,819 $ 20,527 $ 15,478 $ 9,588 $ 6,592 $ 8,537 $ 66,541 Special Mention — — — 28 — — 28 Substandard 2,816 64 100 1,376 153 51 4,560 Total $ 8,635 $ 20,591 $ 15,578 $ 10,992 $ 6,745 $ 8,588 $ 71,129 Consumer Pass $ 1,248 $ 3,718 $ 2,025 $ 1,068 $ 271 $ 155 $ 8,485 Special Mention — — — — — — — Substandard — — — — — 6 6, Total $ 1,248 $ 3,718 $ 2,025 $ 1,068 $ 271 $ 161 $ 8,491 Total Loans Pass $ 28,227 $ 212,658 $ 100,917 $ 84,933 $ 28,429 $ 120,986 $ 576,150 Special Mention — — — 28 — 1,456 1,484 Substandard 2,816 71 199 2,308 705 2,081 8,180 Total $ 31,043 $ 212,729 $ 101,116 $ 87,269 $ 29,134 $ 124,523 $ 585,814 Real Estate Loans One- to Four- Multi-Family Commercial Home Equity Construction Commercial Consumer Total June 30, 2022: Pass $ 130,950 $ 87,993 $ 164,424 $ 6,987 $ 41,254 $ 73,226 $ 8,970 $ 513,804 Watch — — — — — — — — Substandard 1,524 254 2,951 — — 7,192 11 11,932 Doubtful — — — — — — — — Loss — — — — — — — — Total $ 132,474 $ 88,247 $ 167,375 $ 6,987 $ 41,254 $ 80,418 $ 8,981 $ 525,736 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 charged-off All interest accrued but not collected for loans that are placed on non-accrual charged-off The following tables present the Company’s loan portfolio aging analysis: 30-59 Days 60-89 Days Past Due 90 Days or Total Past Due Current Total Loans Total Loans March 31, 2023: Real estate loans: One- $ 739 $ — $ 24 $ 763 $ 157,625 $ 158,388 $ — Multi-family — — — — 98,891 98,891 — Commercial 406 — 46 452 198,524 198,976 — Home equity lines of credit — 20 — 20 7,038 7,058 — Construction — — — — 42,881 42,881 — Commercial 36 — 207 243 70,886 71,129 — Consumer 19 21 — 40 8,451 8,491 — Total $ 1,200 $ 41 $ 277 $ 1,518 $ 584,296 $ 585,814 $ — 30-59 Days 60-89 Days Past Due 90 Days or Total Past Due Current Total Loans Total Loans June 30, 2022: Real estate loans: One- $ 374 $ 144 $ 1,174 $ 1,692 $ 130,782 $ 132,474 $ 47 Multi-family — — — — 88,247 88,247 — Commercial — — — — 167,375 167,375 — Home equity lines of credit — — — — 6,987 6,987 — Construction — — — — 41,254 41,254 — Commercial — — — — 80,418 80,418 — Consumer 78 21 — 99 8,882 8,981 — Total $ 452 $ 165 $ 1,174 $ 1,791 $ 523,945 $ 525,736 $ 47 Since the Company adopted ASU 2016-13, The following table presents the amortized cost basis of collateral-dependent loans by class of loans that were individually evaluated to determine expected credit losses, and the related allowance for credit losses, as of March 31, 2023: Collateral Real Estate Business Other Total Allowance for Real estate loans: One- $ — $ — $ — $ — $ — Multi-family — — — — — Commercial — — — — — Home equity lines of credit — — — — — Construction — — — — — Commercial — — — — 143 Consumer — — — — — Total $ — $ — $ — $ — $ 143 In accordance with the impairment accounting guidance (ASC 310-10-35-16), 2016-13 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. The following tables present impaired loans as of June 30, 2022 and March 31, 2022: Year Ended June 30, 2022 Recorded Unpaid Specific Average Interest Interest on Cash June 30, 2022: Loans without a specific valuation allowance Real estate loans: One- $ 1,350 $ 1,350 $ — $ 1,361 $ 15 $ 13 Multi-family — — — — — — Commercial — — — — — — Home equity line of credit — — — — — — Construction — — — — — — Commercial 35 35 — 40 4 4 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 $ 1,350 $ 1,350 $ — $ 1,361 $ 15 $ 13 Commercial — — — — — — Home equity line of credit — — — — — — Construction — — — — — — Commercial — — — — — — Consumer 35 35 — 40 4 4 — — — — — — $ 1,385 $ 1,385 $ — $ 1,401 $ 19 $ 17 Three Months Ended March 31, 2022 Nine Months Ended March 31, 2022 Recorded Unpaid Specific Average Interest Interest on Average Interest Interest on March 31, 2022: Loans without a specific valuation allowance Real estate loans: One- $ 1,076 $ 1,076 $ — $ 1,079 $ 6 $ 6 $ 1,083 $ 15 $ 14 Multi-family — — — — — — — — — Commercial — — — — — — — — — Home equity line of credit — — — — — — — — — Construction — — — — — — — — — Commercial 38 38 — 40 1 1 42 3 3 Consumer — — — — — — — — — Loans with a specific valuation allowance Real estate loans: One- $ — $ — $ — $ — $ — $ — $ — $ — $ — Multi-family — — — — — — — — — Commercial — — — — — — — — — Home equity line of credit — — — — — — — — — Construction — — — — — — — — — Commercial — — — — — — — — — Consumer — — — — — — — — — Total: Real estate loans: One- 1,076 1,076 — 1,079 6 6 1,083 15 14 Multi-family — — — — — — — — — Commercial — — — — — — — — — Home equity line of credit — — — — — — — — — Construction — — — — — — — — — Commercial 38 38 — 40 1 1 42 3 3 Consumer — — — — — — — — — $ 1,114 $ 1,114 $ — $ 1,119 $ 7 $ 7 $ 1,125 $ 18 $ 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 amortized cost basis of loans on nonaccrual status and of nonaccrual loans individually evaluated for which no allowance was recorded at March 31, 2023 and June 30, 2022: March 31, 2023 June 30, 2022 Nonaccrual with no Nonaccrual Nonaccrual Mortgages on real estate: One- $ — $ 24 $ 1,127 Multi-family — — — Commercial — 46 — Home equity lines of credit — — — Construction loans — — — Commercial business loans — 265 — Consumer loans — — — Total $ — $ 335 $ 1,127 At March 31, 2023 and June 30, 2022, the Company had a number of loans that were modified in troubled debt restructurings (TDRs). 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 March 31, 2023 and June 30, 2022. All TDRs were performing according to the terms of the restructuring and were accruing as of March 31, 2023 and as of June 2022. March 31, 2023 June 30, 2022 Real estate loans One- $ 198 $ 962 Multi-family — — Commercial — — Home equity lines of credit — — Total real estate loans 198 962 Construction — — Commercial 27 36 Consumer — — Total $ 225 $ 998 Modifications During the nine-month period ended March 31, 2023, no loans were modified as a TDR. During the year ended June 30, 2022, no loans were modified as a TDR. During the nine-month period ended March 31, 2022, one previously modified TDR was modified a second time to amortize for full payment by original maturity. 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 TDR’s with Defaults The Company had no TDRs in default and no restructured loans in foreclosure as of March 31, 2023 or as of June 30, 2022. The Company defines a default as any loan that becomes 90 days or more past due. 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	9 Months Ended
	Mar. 31, 2023
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 $3,843,000 and $3,142,000 of Federal Home Loan Bank stock as of March 31, 2023 and June 30, 2022, respectively. The FHLB provides liquidity and funding through advances.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (Loss)	9 Months Ended
	Mar. 31, 2023
Equity [Abstract]
Accumulated Other Comprehensive Income (Loss)	Note 8: Accumulated Other Comprehensive Income (Loss) The following tables present changes in accumulated other comprehensive income (loss), by component, net of tax, for the nine months ended March 31, 2023 and 2022: Unrealized Gains and Losses on Available-for- Sale Securities Defined Total March 31, 2023: Beginning balance $ (17,263 ) $ (83 ) $ (17,346 ) Other comprehensive loss before reclassification (1,630 ) — (1,630 ) Amounts reclassified from accumulated other comprehensive income 123 — 123 Net current period other comprehensive loss — (4 ) (4 ) Ending balance $ (18,770 ) $ (87 ) $ (18,857 ) March 31, 2022: Beginning balance $ 2,361 $ (428 ) $ 1,933 Other comprehensive loss before reclassification (11,288 ) — (11,288 ) Amounts reclassified from accumulated other comprehensive income — — — Net current period other comprehensive loss — (25 ) (25 ) Ending balance $ (8,927 ) $ (453 ) $ (9,380 )

Changes in Accumulated Other Co

Changes in Accumulated Other Comprehensive Income (Loss) (AOCI) by Component	9 Months Ended
	Mar. 31, 2023
Text Block [Abstract]
Changes in Accumulated Other Comprehensive Income (Loss) (AOCI) by Component	Note 9: Changes in Accumulated Other Comprehensive Income (Loss) (AOCI) by Component Amounts reclassified from AOCI and the affected line items in the statements of income during the three and nine month periods ended March 31, 2023 and 2022, were as follows: Amounts Reclassified from AOCI Three Months Ended March 31, Nine Months Ended March 31, 2023 2022 2023 2022 Affected Line Item in the Condensed Realized gains (losses) on available-for-sale $ 12 $ — $ (171 ) $ — Net realized gains (losses) on sale of available-for- sale securities Amortization of defined benefit pension items: Components are included in computation of net periodic pension cost Actuarial losses (2 ) (14 ) (5 ) (35 ) Total reclassified amount before tax 10 (14 ) (176 ) (35 ) Tax expense 4 (4 ) (49 ) (10 ) Provision for Income Tax Total reclassification out of AOCI $ 6 $ (10 ) $ (127 ) $ (25 ) Net Income

Income Taxes

Income Taxes	9 Months Ended
	Mar. 31, 2023
Income Tax Disclosure [Abstract]
Income Taxes	Note 10: Income Taxes A reconciliation of income tax expense at the statutory rate to the Company’s actual income tax expense is shown below: Three Months Ended March 31, Nine Months Ended March 31, 2023 2022 2023 2022 Computed at the statutory rate $ 187 $ 327 $ 1,153 $ 1,353 Decrease resulting from Tax exempt interest (6 ) (2 ) (17 ) (6 ) Cash surrender value of life insurance (20 ) (18 ) (61 ) (83 ) State income taxes 88 117 423 471 Other (47 ) (22 ) (70 ) (41 ) Actual expense $ 202 $ 402 $ 1,428 $ 1,694

Regulatory Capital

Regulatory Capital	9 Months Ended
	Mar. 31, 2023
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 Association “opted in” to elect the Community Bank Leverage Ratio, effective with the quarter ended March 31, 2020. As of March 31, 2023, 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 and Liabilities	9 Months Ended
	Mar. 31, 2023
Fair Value Disclosures [Abstract]
Disclosures About Fair Value of Assets and Liabilities	Note 12: Disclosures About Fair Value of Assets and Liabilities Fair value is the price that would be received to sell an asset, or paid to transfer a liability, 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 or liabilities Level 2 Observable inputs other than Level 1 prices, such as quoted prices for similar assets or liabilities; 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 or liabilities Level 3 Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities Recurring Measurements The following table presents the fair value measurements of assets recognized in the accompanying condensed consolidated 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 March 31, 2023 and June 30, 2022: Fair Value Measurements Using Fair Value Quoted (Level 1) Significant (Level 2) Significant (Level 3) March 31, 2023: Available-for-sale US Treasury $ 1,442 $ — $ 1,442 $ — US Government and federal agency 6,539 — 6,539 — Mortgage-backed securities – GSE residential 180,219 — 180,219 — Small Business Administration 16,062 — 16,062 — State and political subdivisions 3,431 — 1,070 2,361 Mortgage servicing rights 1,472 — — 1,472 Fair Value Measurements Using Fair Value Quoted (Level 1) Significant (Level 2) Significant (Level 3) June 30, 2022: Available-for-sale US Treasury $ 3,400 $ — $ 3,400 $ — US Government and federal agency 9,121 — 9,121 — Mortgage-backed securities – GSE residential 188,185 — 188,185 — Small Business Administration 16,442 — 16,442 — State and political subdivisions 3,758 — 1,096 2,662 Mortgage servicing rights 1,463 — — 1,463 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 condensed consolidated 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 March 31, 2023. 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 March 31, 2023 or June 30, 2022. 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: State and Balance, July 1, 2022 $ 2,662 Transfers into Level 3 — Transfers out of Level 3 — Total realized and unrealized gains and losses included in net income — Purchases — Sales — Settlements (301 ) Balance, March 31, 2023 $ 2,361 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 $ — Mortgage Balance, July 1, 2022 $ 1,463 Total realized and unrealized gains and losses included in net income 82 Servicing rights that result from asset transfers 60 Payments received and loans refinanced (133 ) Balance, March 31, 2023 $ 1,472 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 $ 82 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. Unobservable (Level 3) Inputs The following tables present quantitative information about unobservable inputs used in recurring and nonrecurring Level 3 fair value measurements at March 31, 2023 and June 30, 2022. Fair Value at Valuation Technique Unobservable Inputs Range (Weighted Mortgage servicing rights $ 1,472 Discounted cash flow Discount rate Constant prepayment rate Probability of default 9.5% (9.5%) 6.0% - 6.8% (6.6%) 0.10% - 0.14% (0.12%) State and political subdivisions 2,361 Discounted cash flow Maturity/Call Date 1 month – 9 years Weighted average coupon 2.97% - 3.08% (3.03%) Marketability yield 1.0% - 2.0% (1.6%) Fair Value at Valuation Technique Unobservable Inputs Range (Weighted Mortgage servicing rights $ 1,463 Discounted cash flow Discount rate Constant prepayment rate Probability of default 9.5% (9.5%) 6.0% - 6.7% (6.7%) 0.10% - 0.14% (0.12%) State and political subdivisions 2,662 Discounted cash flow Maturity/Call Date 1 month – 10 years Weighted average coupon 2.97% - 3.08% (3.03%) Marketability yield 1.0% - 2.0% (1.6%) 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 March 31, 2023 and June 30, 2022. Carrying Fair Value Quoted Prices in (Level 1) Significant (Level 2) Significant (Level 3) March 31, 2023: Financial assets Cash and cash equivalents $ 9,465 $ 9,465 $ — $ — Interest-bearing time deposits in banks 1,250 1,250 — — Loans, net of allowance for loan losses 578,511 — — 555,882 Federal Home Loan Bank stock 3,843 — 3,843 — Accrued interest receivable 2,641 — 2,641 — Financial liabilities Deposits 691,568 — 404,660 284,542 Repurchase agreements 10,764 — 10,764 — Federal Home Loan Bank advances 56,500 — 56,360 — Advances from borrowers for taxes and insurance 1,352 — 1,352 — Accrued interest payable 961 — 961 — Unrecognized financial instruments (net of contract amount) Commitments to originate loans — — — — Carrying Fair Value Quoted Prices in (Level 1) Significant (Level 2) Significant (Level 3) June 30, 2022: Financial assets Cash and cash equivalents $ 75,811 $ 75,811 $ — $ — Interest-bearing time deposits in banks 1,500 1,500 — — Loans, net of allowance for loan losses 518,931 — — 512,643 Federal Home Loan Bank stock 3,142 — 3,142 — Accrued interest receivable 2,023 — 2,023 — Financial liabilities Deposits 752,020 — 501,544 250,650 Repurchase agreements 9,244 — 9,244 — Federal Home Loan Bank advances 15,000 — 14,903 — Advances from borrowers for taxes and insurance 503 — 503 — Accrued interest payable 176 — 176 — Unrecognized financial instruments (net of contract amount) Commitments to originate loans — — — — In accordance with the Company’s adoption of ASU 2016-01

Commitments

Commitments	9 Months Ended
	Mar. 31, 2023
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 Off-Balance Off-balance non-performance off-balance off-balance off-balance ASU-2016-13, off-balance the Company off-balance off-balance Bank’s ability to cancel on demand.

New Accounting Pronouncements (

New Accounting Pronouncements (Policies)	9 Months Ended
	Mar. 31, 2023
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, The Company early adopted ASU 2016-13 2016-13, 2016-13. off-balance The following table illustrates the impact of ASU 2016-13 July 1, 2022 Allowance for credit ASU 2016-13 Allowance pre-ASU 2016- 13 Adoption Impact on Allowance ASU 2016-13 Assets: Real Estate Loans One- $ 1,410 $ 1,028 $ 382 Multi-Family 1,235 1,375 (140 ) Commercial 2,370 1,985 385 HELOC 103 70 33 Construction 681 489 192 Commercial Business 1,207 2,025 (818 ) Consumer 93 80 13 Allowance for credit losses for all loans $ 7,099 $ 7,052 $ 47 Liabilities: Allowance for credit losses on off-balance $ 496 $ — $ 496 In March 2022, FASB issued ASU 2022-02, Financial Instruments-Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures . 310-40, Receivables—Troubled Debt Restructurings by Creditors 326-20, Financial Instruments—Credit Losses—Measured at Amortized Cost

New Accounting Pronouncements_2

New Accounting Pronouncements (Tables)	9 Months Ended
	Mar. 31, 2023
Accounting Policies [Abstract]
Schedule Of Impact Of ASU 201613 Adoption	The following table illustrates the impact of ASU 2016-13 July 1, 2022 Allowance for credit ASU 2016-13 Allowance pre-ASU 2016- 13 Adoption Impact on Allowance ASU 2016-13 Assets: Real Estate Loans One- $ 1,410 $ 1,028 $ 382 Multi-Family 1,235 1,375 (140 ) Commercial 2,370 1,985 385 HELOC 103 70 33 Construction 681 489 192 Commercial Business 1,207 2,025 (818 ) Consumer 93 80 13 Allowance for credit losses for all loans $ 7,099 $ 7,052 $ 47 Liabilities: Allowance for credit losses on off-balance $ 496 $ — $ 496

Stock-based Compensation (Table

Stock-based Compensation (Tables)	9 Months Ended
	Mar. 31, 2023
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Summary of ESOP Shares	A summary of ESOP shares at March 31, 2023 and June 30, 2022 are as follows (dollars in thousands): March 31, 2023 June 30, 2022 Allocated shares 162,986 160,772 Shares committed for release 14,434 19,245 Unearned shares 158,771 173,205 Total ESOP shares 336,191 353,222 Fair value of unearned ESOP shares (1) $ 2,467 $ 3,291 (1) Based on closing price of $15.54 and $19.00 per share on March 31, 2023, and June 30, 2022, respectively.
Summary of Stock Option Activity	The following table summarizes stock option activity for the nine months ended March 31, 2023 (dollars in thousands): Options Weighted-Average Weighted-Average Aggregate Intrinsic Outstanding, June 30, 2022 134,143 $ 16.63 Granted — — Exercised 44,000 16.63 Forfeited — — Outstanding, March 31, 2023 90,143 $ 16.63 0.7 $ — (1) Exercisable, March 31, 2023 90,143 $ 16.63 0.7 $ — (1) (1) Based on closing price of $15.54 per share on March 31, 2023.
Summary of Non-vested Restricted Stock Activity	The following table summarizes non-vested Shares Weighted-Average Grant-Date Fair Value Balance, June 30, 2022 18,876 $ 16.82 Granted 53,000 19.10 Forfeited — — Earned and issued 9,562 16.83 Balance, March 31, 2023 62,314 $ 18.76

Earnings Per Common Share ("E_2

Earnings Per Common Share ("EPS") (Tables)	9 Months Ended
	Mar. 31, 2023
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 and nine-month periods ended March 31, 2023 and 2022. The factors used in the earnings per common share computation are as follows: Three Months Ended Three Months Ended Nine Months Ended Nine Months Ended Net income $ 690 $ 1,154 $ 4,063 $ 4,749 Basic weighted average shares outstanding 3,343,670 3,257,782 3,318,809 3,251,073 Less: Average unallocated ESOP shares (161,177 ) (180,422 ) (165,988 ) (185,233 ) Basic average shares outstanding 3,182,493 3,077,360 3,152,821 3,065,840 Diluted effect of restricted stock awards and stock options 82,103 72,919 86,964 68,497 Diluted average shares outstanding 3,246,596 3,150,279 3,239,785 3,134,337 Basic earnings per common share $ 0.22 $ 0.37 $ 1.29 $ 1.55 Diluted earnings per common share $ 0.21 $ 0.37 $ 1.25 $ 1.52

Securities (Tables)

Securities (Tables)	9 Months Ended
	Mar. 31, 2023
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 on securities, are as follows: Amortized Gross Gross Fair Value Available-for-sale March 31, 2023: U.S. Treasury $ 1,496 $ — $ (54 ) $ 1,442 U.S. Government and federal agency 6,976 — (437 ) 6,539 Mortgage-backed: GSE residential 204,128 121 (24,030 ) 180,219 Small Business Administration 17,910 70 (1,918 ) 16,062 State and political subdivisions 3,437 — (6 ) 3,431 $ 233,947 $ 191 $ (26,445 ) $ 207,693 June 30, 2022: U.S. Treasury $ 3,483 $ — $ (83 ) $ 3,400 U.S. Government and federal agency 9,488 — (367 ) 9,121 Mortgage-backed: GSE residential 210,367 47 (22,229 ) 188,185 Small Business Administration 17,960 3 (1,521 ) 16,442 State and political subdivisions 3,754 4 — 3,758 $ 245,052 $ 54 $ (24,200 ) $ 220,906
Amortized Cost and Fair Value of Available for Sale Securities by Contractual Maturity	The amortized cost and fair value of available-for-sale Available-for-sale Securities Amortized Fair Within one year $ 1,000 $ 995 One to five years 5,957 5,735 Five to ten years 10,989 10,343 After ten years 11,873 10,401 29,819 27,474 Mortgage-backed securities 204,128 180,219 Totals $ 233,947 $ 207,693
Association's Investments Gross Unrealized Investment Losses and Fair Value of Association's Investments with Unrealized Losses	The following table shows the gross unrealized investment losses and the fair value of the Company’s investments with unrealized losses aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position at March 31, 2023 and June 30, 2022: Less Than 12 Months 12 Months or More Total Description of Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized March 31, 2023: U.S. Treasury $ — $ — $ 1,442 $ (54 ) $ 1,442 $ (54 ) U.S. Government and federal agency 1,949 (46 ) 4,590 (391 ) 6,539 (437 ) Mortgage-backed: GSE residential 29,284 (852 ) 140,627 (23,178 ) 169,911 (24,030 ) Small Business Administration 2,454 (76 ) 12,221 (1,842 ) 14,675 (1,918 ) State and political subdivisions 1,070 (6 ) — — 1,070 (6 ) Total $ 34,757 $ (980 ) $ 158,880 $ (25,465 ) $ 193,637 $ (26,445 ) June 30, 2022: U.S. Treasury $ 3,400 $ (83 ) $ — $ — $ 3,400 $ (83 ) U.S. Government and federal agency 9,121 (367 ) — — 9,121 (367 ) Mortgage-backed: GSE residential 144,042 (15,267 ) 37,587 (6,962 ) 181,629 (22,229 ) Small Business Administration 12,955 (1,160 ) 2,028 (361 ) 14,983 (1,521 ) Total $ 169,518 $ (16,877 ) $ 39,615 $ (7,323 ) $ 209,133 $ (24,200 )

Loans and Allowance for Credi_2

Loans and Allowance for Credit Losses (Tables)	9 Months Ended
	Mar. 31, 2023
Categories of Loans	Classes of loans include: March 31, 2023 June 30, 2022 Real estate loans: One- $ 158,388 $ 132,474 Multi-family 98,891 88,247 Commercial 198,976 167,375 Home equity lines of credit 7,058 6,987 Construction 42,881 41,254 Commercial 71,129 80,418 Consumer 8,491 8,981 Total loans 585,814 525,736 Less: Unearned fees and discounts, net (232 ) (247 ) Allowance for credit losses 7,535 7,052 Loans, net $ 578,511 $ 518,931
Allowance for Credit Losses and Recorded Investment in Loans Based on Portfolio Segment and Impairment Method	Allowance for Credit Losses The following tables present the activity in the allowance for credit losses and the recorded investment in loans based on loan classes as of March 31, 2023 and June 30, 2022, and activity in the allowance for credit losses and allowance for loan losses for the three-month and nine-month periods ended March 31, 2023 and 2022 and the year ended June 30, 2022: Three Months Ended March 31, 2023 Real Estate Loans One- to Four-Family Multi-Family Commercial Home Equity Allowance for credit losses: Balance, beginning of period $ 1,722 $ 1,402 $ 2,392 $ 101 Provision for credit losses 268 (117 ) 118 (3 ) Losses charged off — — — — Recoveries — — — — Balance, end of period $ 1,990 $ 1,285 $ 2,510 $ 98 Loans: Ending balance $ 158,388 $ 98,891 $ 198,976 $ 7,058 Three Months Ended March 31, 2023 (Continued) Construction Commercial Consumer Total Allowance for credit losses: Balance, beginning of period $ 585 $ 871 $ 93 $ 7,166 Provision for credit losses 101 12 (12 ) 367 Losses charged off — — (9 ) (9 ) Recoveries — 6 5 11 Balance, end of period $ 686 $ 889 $ 77 $ 7,535 Loans: Ending balance $ 42,881 $ 71,129 $ 8,491 $ 585,814 Nine Months Ended March 31, 2023 Real Estate Loans One- Four-Family Multi-Family Commercial Home Equity Allowance for credit losses: Balance, beginning of period (prior to adoption of ASU 2016-13) $ 1,028 $ 1,375 $ 1,985 $ 70 Impact of adopting ASU 2016-13 382 (140 ) 385 33 Provision for credit losses 579 50 140 (5 ) Losses charged off — — — — Recoveries 1 — — — Balance, end of period $ 1,990 $ 1,285 $ 2,510 $ 98 Loans: Ending balance $ 158,388 $ 98,891 $ 198,976 $ 7,058 Nine Months Ended March 31, 2023 (Continued) Construction Commercial Consumer Total Allowance for credit losses: Balance, beginning of period (prior to adoption of ASU 2016-13) $ 489 $ 2,025 $ 80 $ 7,052 Impact of adopting ASU 2016-13 192 (818 ) 13 47 Provision for credit losses 5 (332 ) 5 442 Losses charged off — (4 ) (30 ) (34 ) Recoveries — 18 9 28 Balance, end of period $ 686 $ 889 $ 77 $ 7,535 Loans: Ending balance $ 42,881 $ 71,129 $ 8,491 $ 585,814 Year Ended June 30, 2022 Real Estate Loans One- to Four-Family Multi-Family Commercial Home Equity Allowance for loan losses: Balance, beginning of year $ 967 $ 1,674 $ 1,831 $ 67 Provision charged to expense 100 (299 ) 154 3 Losses charged off (40 ) — — — Recoveries 1 — — — Balance, end of year $ 1,028 $ 1,375 $ 1,985 $ 70 Ending balance: individually evaluated for impairment $ — $ — $ — $ — Ending balance: collectively evaluated for impairment $ 1,028 $ 1,375 $ 1,985 $ 70 Loans: Ending balance $ 132,474 $ 88,247 $ 167,375 $ 6,987 Ending balance: individually evaluated for impairment $ 1,350 $ — $ — $ — Ending balance: collectively evaluated for impairment $ 131,124 $ 88,247 $ 167,375 $ 6,987 Year Ended June 30, 2022 (Continued) Construction Commercial Consumer Total Allowance for loan losses: Balance, beginning of year $ 258 $ 1,740 $ 62 $ 6,599 Provision charged to expense 231 265 38 492 Losses charged off — — (27 ) (67 ) Recoveries — 20 7 28 Balance, end of year $ 489 $ 2,025 $ 80 $ 7,052 Ending balance: individually evaluated for impairment $ — $ — $ — $ — Ending balance: collectively evaluated for impairment $ 489 $ 2,025 $ 80 $ 7,052 Loans: Ending balance $ 41,254 $ 80,418 $ 8,981 $ 525,736 Ending balance: individually evaluated for impairment $ — $ 35 $ — $ 1,385 Ending balance: collectively evaluated for impairment $ 41,254 $ 80,383 $ 8,981 $ 524,351 Three Months Ended March 31, 2022 Real Estate Loans One- to Four-Family Multi- Commercial Home Equity Allowance for loan losses: Balance, beginning of period $ 1,082 $ 1,400 $ 1,962 $ 62 Provision charged to expense (13 ) 27 4 4 Losses charged off (26 ) — — — Recoveries — — — — Balance, end of period $ 1,043 $ 1,427 $ 1,966 $ 66 Ending balance: individually evaluated for impairment $ — $ — $ — $ — Ending balance: collectively evaluated for impairment $ 1,043 $ 1,427 $ 1,966 $ 66 Loans: Ending balance $ 124,590 $ 88,566 $ 165,132 $ 6,600 Ending balance: individually evaluated for impairment $ 1,076 $ — $ — $ — Ending balance: collectively evaluated for impairment $ 123,514 $ 88,566 $ 165,132 $ 6,600 Three Months Ended March 31, 2022 (Continued) Construction Commercial Consumer Total Allowance for loan losses: Balance, beginning of period $ 299 $ 1,521 $ 69 $ 6,395 Provision charged to expense 60 154 6 242 Losses charged off — — (6 ) (32 ) Recoveries — 4 2 6 Balance, end of period $ 359 $ 1,679 $ 71 $ 6,611 Ending balance: individually evaluated for impairment $ — $ — $ — $ — Ending balance: collectively evaluated for impairment $ 359 $ 1,679 $ 71 $ 6,611 Loans: Ending balance $ 31,127 $ 81,399 $ 8,298 $ 505,712 Ending balance: individually evaluated for impairment $ — $ 38 $ — $ 1,114 Ending balance: collectively evaluated for impairment $ 31,127 $ 81,361 $ 8,298 $ 504,598 Nine Months Ended March 31, 2022 Real Estate Loans One- 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 101 (247 ) 135 (1 ) Losses charged off (26 ) — — — Recoveries 1 — — — Balance, end of period $ 1,043 $ 1,427 $ 1,966 $ 66 Ending balance: individually evaluated for impairment $ — $ — $ — $ — Ending balance: collectively evaluated for impairment $ 1,043 $ 1,427 $ 1,966 $ 66 Loans: Ending balance $ 124,590 $ 88,566 $ 165,132 $ 6,600 Ending balance: individually evaluated for impairment $ 1,076 $ — $ — $ — Ending balance: collectively evaluated for impairment $ 123,514 $ 88,566 $ 165,132 $ 6,600 Nine Months Ended March 31, 2022 (Continued) Construction Commercial Consumer Total Allowance for loan losses: Balance, beginning of period $ 258 $ 1,740 $ 62 $ 6,599 Provision charged to expense 101 (77 ) 27 39 Losses charged off — — (24 ) (50 ) Recoveries — 16 6 23 Balance, end of period $ 359 $ 1,679 $ 71 $ 6,611 Ending balance: individually evaluated for impairment $ — $ — $ — $ — Ending balance: collectively evaluated for impairment $ 359 $ 1,679 $ 71 $ 6,611 Loans: Ending balance $ 31,127 $ 81,399 $ 8,298 $ 505,712 Ending balance: individually evaluated for impairment $ — $ 38 $ — $ 1,114 Ending balance: collectively evaluated for impairment $ 31,127 $ 81,361 $ 8,298 $ 504,598
Credit Risk Profile of Association's Loan Portfolio Based on Risk Rating Category and Year of Origination	The following tables present the credit risk profile of the Company’s loan portfolio based on risk rating category and year of origination as of March 31, 2023 and the risk rating category and class of loan as of June 30, 2022 (in thousands): Risk Rating 2023 2022 2021 2020 2019 Prior Years Total One- Pass $ 10,309 $ 57,680 $ 29,815 $ 18,748 $ 6,175 $ 33,790 $ 156,517 Special Mention — — — — — 1,456 1,456 Substandard — 7 99 61 224 24 415 Total $ 10,309 $ 57,687 $ 29,914 $ 18,809 $ 6,399 $ 35,270 $ 158,388 Multi-Family Pass $ 301 $ 37,966 $ 10,849 $ 14,523 $ 8,676 $ 26,330 $ 98,645 Special Mention — — — — — — — Substandard — — — — 246 — 246 Total $ 301 $ 37,966 $ 10,849 $ 14,523 $ 8,922 $ 26,330 $ 98,891 Commercial Real Estate Pass $ 9,305 $ 67,351 $ 30,332 $ 32,441 $ 5,919 $ 50,675 $ 196,023 Special Mention — — — — — — — Substandard — — — 871 82 2000 2,953 Total $ 9,305 $ 67,351 $ 30,332 $ 33,312 $ 6,001 $ 52,675 $ 198,976 Home Equity Line of Credit Pass $ 229 $ 2,346 $ 1,293 $ 895 $ 796 $ 1,499 $ 7,058 Special Mention — — — — — — — Substandard — — — — — — — Total $ 229 $ 2,346 $ 1,293 $ 895 $ 796 $ 1,499 $ 7,058 Construction Pass $ 1,016 $ 23,070 $ 11,125 $ 7,670 $ — $ — $ 42,881 Special Mention — — — — — — — Substandard — — — — — — — Total $ 1,016 $ 23,070 $ 11,125 $ 7,670 $ — $ — $ 42,881 Commercial Business Pass $ 5,819 $ 20,527 $ 15,478 $ 9,588 $ 6,592 $ 8,537 $ 66,541 Special Mention — — — 28 — — 28 Substandard 2,816 64 100 1,376 153 51 4,560 Total $ 8,635 $ 20,591 $ 15,578 $ 10,992 $ 6,745 $ 8,588 $ 71,129 Consumer Pass $ 1,248 $ 3,718 $ 2,025 $ 1,068 $ 271 $ 155 $ 8,485 Special Mention — — — — — — — Substandard — — — — — 6 6, Total $ 1,248 $ 3,718 $ 2,025 $ 1,068 $ 271 $ 161 $ 8,491 Total Loans Pass $ 28,227 $ 212,658 $ 100,917 $ 84,933 $ 28,429 $ 120,986 $ 576,150 Special Mention — — — 28 — 1,456 1,484 Substandard 2,816 71 199 2,308 705 2,081 8,180 Total $ 31,043 $ 212,729 $ 101,116 $ 87,269 $ 29,134 $ 124,523 $ 585,814 Real Estate Loans One- to Four- Multi-Family Commercial Home Equity Construction Commercial Consumer Total June 30, 2022: Pass $ 130,950 $ 87,993 $ 164,424 $ 6,987 $ 41,254 $ 73,226 $ 8,970 $ 513,804 Watch — — — — — — — — Substandard 1,524 254 2,951 — — 7,192 11 11,932 Doubtful — — — — — — — — Loss — — — — — — — — Total $ 132,474 $ 88,247 $ 167,375 $ 6,987 $ 41,254 $ 80,418 $ 8,981 $ 525,736
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 90 Days or Total Past Due Current Total Loans Total Loans March 31, 2023: Real estate loans: One- $ 739 $ — $ 24 $ 763 $ 157,625 $ 158,388 $ — Multi-family — — — — 98,891 98,891 — Commercial 406 — 46 452 198,524 198,976 — Home equity lines of credit — 20 — 20 7,038 7,058 — Construction — — — — 42,881 42,881 — Commercial 36 — 207 243 70,886 71,129 — Consumer 19 21 — 40 8,451 8,491 — Total $ 1,200 $ 41 $ 277 $ 1,518 $ 584,296 $ 585,814 $ — 30-59 Days 60-89 Days Past Due 90 Days or Total Past Due Current Total Loans Total Loans June 30, 2022: Real estate loans: One- $ 374 $ 144 $ 1,174 $ 1,692 $ 130,782 $ 132,474 $ 47 Multi-family — — — — 88,247 88,247 — Commercial — — — — 167,375 167,375 — Home equity lines of credit — — — — 6,987 6,987 — Construction — — — — 41,254 41,254 — Commercial — — — — 80,418 80,418 — Consumer 78 21 — 99 8,882 8,981 — Total $ 452 $ 165 $ 1,174 $ 1,791 $ 523,945 $ 525,736 $ 47
Summary of Impaired Loans	The following tables present impaired loans as of June 30, 2022 and March 31, 2022: Year Ended June 30, 2022 Recorded Unpaid Specific Average Interest Interest on Cash June 30, 2022: Loans without a specific valuation allowance Real estate loans: One- $ 1,350 $ 1,350 $ — $ 1,361 $ 15 $ 13 Multi-family — — — — — — Commercial — — — — — — Home equity line of credit — — — — — — Construction — — — — — — Commercial 35 35 — 40 4 4 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 $ 1,350 $ 1,350 $ — $ 1,361 $ 15 $ 13 Commercial — — — — — — Home equity line of credit — — — — — — Construction — — — — — — Commercial — — — — — — Consumer 35 35 — 40 4 4 — — — — — — $ 1,385 $ 1,385 $ — $ 1,401 $ 19 $ 17 Three Months Ended March 31, 2022 Nine Months Ended March 31, 2022 Recorded Unpaid Specific Average Interest Interest on Average Interest Interest on March 31, 2022: Loans without a specific valuation allowance Real estate loans: One- $ 1,076 $ 1,076 $ — $ 1,079 $ 6 $ 6 $ 1,083 $ 15 $ 14 Multi-family — — — — — — — — — Commercial — — — — — — — — — Home equity line of credit — — — — — — — — — Construction — — — — — — — — — Commercial 38 38 — 40 1 1 42 3 3 Consumer — — — — — — — — — Loans with a specific valuation allowance Real estate loans: One- $ — $ — $ — $ — $ — $ — $ — $ — $ — Multi-family — — — — — — — — — Commercial — — — — — — — — — Home equity line of credit — — — — — — — — — Construction — — — — — — — — — Commercial — — — — — — — — — Consumer — — — — — — — — — Total: Real estate loans: One- 1,076 1,076 — 1,079 6 6 1,083 15 14 Multi-family — — — — — — — — — Commercial — — — — — — — — — Home equity line of credit — — — — — — — — — Construction — — — — — — — — — Commercial 38 38 — 40 1 1 42 3 3 Consumer — — — — — — — — — $ 1,114 $ 1,114 $ — $ 1,119 $ 7 $ 7 $ 1,125 $ 18 $ 17
Nonaccrual Loans	The following table presents the amortized cost basis of loans on nonaccrual status and of nonaccrual loans individually evaluated for which no allowance was recorded at March 31, 2023 and June 30, 2022: March 31, 2023 June 30, 2022 Nonaccrual with no Nonaccrual Nonaccrual Mortgages on real estate: One- $ — $ 24 $ 1,127 Multi-family — — — Commercial — 46 — Home equity lines of credit — — — Construction loans — — — Commercial business loans — 265 — Consumer loans — — — Total $ — $ 335 $ 1,127
Loans Modified as Troubled Debt Restructurings	The following table presents the recorded balance, at original cost, of troubled debt restructurings, as of March 31, 2023 and June 30, 2022. All TDRs were performing according to the terms of the restructuring and were accruing as of March 31, 2023 and as of June 2022. March 31, 2023 June 30, 2022 Real estate loans One- $ 198 $ 962 Multi-family — — Commercial — — Home equity lines of credit — — Total real estate loans 198 962 Construction — — Commercial 27 36 Consumer — — Total $ 225 $ 998
Schedule Of Amortized Cost Basis Collateral Dependent Loans By Class And Related Allowances	The following table presents the amortized cost basis of collateral-dependent loans by class of loans that were individually evaluated to determine expected credit losses, and the related allowance for credit losses, as of March 31, 2023: Collateral Real Estate Business Other Total Allowance for Real estate loans: One- $ — $ — $ — $ — $ — Multi-family — — — — — Commercial — — — — — Home equity lines of credit — — — — — Construction — — — — — Commercial — — — — 143 Consumer — — — — — Total $ — $ — $ — $ — $ 143

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income (Loss) (Tables)	9 Months Ended
	Mar. 31, 2023
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 nine months ended March 31, 2023 and 2022: Unrealized Gains and Losses on Available-for- Sale Securities Defined Total March 31, 2023: Beginning balance $ (17,263 ) $ (83 ) $ (17,346 ) Other comprehensive loss before reclassification (1,630 ) — (1,630 ) Amounts reclassified from accumulated other comprehensive income 123 — 123 Net current period other comprehensive loss — (4 ) (4 ) Ending balance $ (18,770 ) $ (87 ) $ (18,857 ) March 31, 2022: Beginning balance $ 2,361 $ (428 ) $ 1,933 Other comprehensive loss before reclassification (11,288 ) — (11,288 ) Amounts reclassified from accumulated other comprehensive income — — — Net current period other comprehensive loss — (25 ) (25 ) Ending balance $ (8,927 ) $ (453 ) $ (9,380 )

Changes in Accumulated Other _2

Changes in Accumulated Other Comprehensive Income (Loss) (AOCI) by Component (Tables)	9 Months Ended
	Mar. 31, 2023
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 three and nine month periods ended March 31, 2023 and 2022, were as follows: Amounts Reclassified from AOCI Three Months Ended March 31, Nine Months Ended March 31, 2023 2022 2023 2022 Affected Line Item in the Condensed Realized gains (losses) on available-for-sale $ 12 $ — $ (171 ) $ — Net realized gains (losses) on sale of available-for- sale securities Amortization of defined benefit pension items: Components are included in computation of net periodic pension cost Actuarial losses (2 ) (14 ) (5 ) (35 ) Total reclassified amount before tax 10 (14 ) (176 ) (35 ) Tax expense 4 (4 ) (49 ) (10 ) Provision for Income Tax Total reclassification out of AOCI $ 6 $ (10 ) $ (127 ) $ (25 ) Net Income

Income Taxes (Tables)

Income Taxes (Tables)	9 Months Ended
	Mar. 31, 2023
Income Tax Disclosure [Abstract]
Reconciliation of Income Tax Expense at the Statutory Rate	A reconciliation of income tax expense at the statutory rate to the Company’s actual income tax expense is shown below: Three Months Ended March 31, Nine Months Ended March 31, 2023 2022 2023 2022 Computed at the statutory rate $ 187 $ 327 $ 1,153 $ 1,353 Decrease resulting from Tax exempt interest (6 ) (2 ) (17 ) (6 ) Cash surrender value of life insurance (20 ) (18 ) (61 ) (83 ) State income taxes 88 117 423 471 Other (47 ) (22 ) (70 ) (41 ) Actual expense $ 202 $ 402 $ 1,428 $ 1,694

Disclosures about Fair Value _2

Disclosures about Fair Value of Assets (Tables)	9 Months Ended
	Mar. 31, 2023
Fair Value Disclosures [Abstract]
Fair Value Measurements of Assets Recognized on Recurring Basis	Fair Value Measurements Using Fair Value Quoted (Level 1) Significant (Level 2) Significant (Level 3) March 31, 2023: Available-for-sale US Treasury $ 1,442 $ — $ 1,442 $ — US Government and federal agency 6,539 — 6,539 — Mortgage-backed securities – GSE residential 180,219 — 180,219 — Small Business Administration 16,062 — 16,062 — State and political subdivisions 3,431 — 1,070 2,361 Mortgage servicing rights 1,472 — — 1,472 Fair Value Measurements Using Fair Value Quoted (Level 1) Significant (Level 2) Significant (Level 3) June 30, 2022: Available-for-sale US Treasury $ 3,400 $ — $ 3,400 $ — US Government and federal agency 9,121 — 9,121 — Mortgage-backed securities – GSE residential 188,185 — 188,185 — Small Business Administration 16,442 — 16,442 — State and political subdivisions 3,758 — 1,096 2,662 Mortgage servicing rights 1,463 — — 1,463
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: State and Balance, July 1, 2022 $ 2,662 Transfers into Level 3 — Transfers out of Level 3 — Total realized and unrealized gains and losses included in net income — Purchases — Sales — Settlements (301 ) Balance, March 31, 2023 $ 2,361 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 $ — Mortgage Balance, July 1, 2022 $ 1,463 Total realized and unrealized gains and losses included in net income 82 Servicing rights that result from asset transfers 60 Payments received and loans refinanced (133 ) Balance, March 31, 2023 $ 1,472 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 $ 82
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 March 31, 2023 and June 30, 2022. Fair Value at Valuation Technique Unobservable Inputs Range (Weighted Mortgage servicing rights $ 1,472 Discounted cash flow Discount rate Constant prepayment rate Probability of default 9.5% (9.5%) 6.0% - 6.8% (6.6%) 0.10% - 0.14% (0.12%) State and political subdivisions 2,361 Discounted cash flow Maturity/Call Date 1 month – 9 years Weighted average coupon 2.97% - 3.08% (3.03%) Marketability yield 1.0% - 2.0% (1.6%) Fair Value at Valuation Technique Unobservable Inputs Range (Weighted Mortgage servicing rights $ 1,463 Discounted cash flow Discount rate Constant prepayment rate Probability of default 9.5% (9.5%) 6.0% - 6.7% (6.7%) 0.10% - 0.14% (0.12%) State and political subdivisions 2,662 Discounted cash flow Maturity/Call Date 1 month – 10 years Weighted average coupon 2.97% - 3.08% (3.03%) Marketability yield 1.0% - 2.0% (1.6%)
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 March 31, 2023 and June 30, 2022. Carrying Fair Value Quoted Prices in (Level 1) Significant (Level 2) Significant (Level 3) March 31, 2023: Financial assets Cash and cash equivalents $ 9,465 $ 9,465 $ — $ — Interest-bearing time deposits in banks 1,250 1,250 — — Loans, net of allowance for loan losses 578,511 — — 555,882 Federal Home Loan Bank stock 3,843 — 3,843 — Accrued interest receivable 2,641 — 2,641 — Financial liabilities Deposits 691,568 — 404,660 284,542 Repurchase agreements 10,764 — 10,764 — Federal Home Loan Bank advances 56,500 — 56,360 — Advances from borrowers for taxes and insurance 1,352 — 1,352 — Accrued interest payable 961 — 961 — Unrecognized financial instruments (net of contract amount) Commitments to originate loans — — — — Carrying Fair Value Quoted Prices in (Level 1) Significant (Level 2) Significant (Level 3) June 30, 2022: Financial assets Cash and cash equivalents $ 75,811 $ 75,811 $ — $ — Interest-bearing time deposits in banks 1,500 1,500 — — Loans, net of allowance for loan losses 518,931 — — 512,643 Federal Home Loan Bank stock 3,142 — 3,142 — Accrued interest receivable 2,023 — 2,023 — Financial liabilities Deposits 752,020 — 501,544 250,650 Repurchase agreements 9,244 — 9,244 — Federal Home Loan Bank advances 15,000 — 14,903 — Advances from borrowers for taxes and insurance 503 — 503 — Accrued interest payable 176 — 176 — Unrecognized financial instruments (net of contract amount) Commitments to originate loans — — — —

New Accounting Pronouncements -

New Accounting Pronouncements - Schedule Of Impact Of ASU 2016-13 Adoption (Detail) - USD ($)	Mar. 31, 2023	Dec. 31, 2022	Jul. 01, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Jun. 30, 2021
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Allowance for loan losses	$ 7,535,000	$ 7,166,000		$ 7,052,000	$ 6,611,000	$ 6,395,000	$ 6,599,000
Off-Balance-Sheet, Credit Loss, Liability	307,000		$ 496,000	0
Allowance For Credit Losses As Reported Under ASU 201613 [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Allowance for loan losses			7,099,000
Off-Balance-Sheet, Credit Loss, Liability			496,000
Allowance For Credit Loss Before ASU 201613 Adoption [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Allowance for loan losses			7,052,000
Off-Balance-Sheet, Credit Loss, Liability			0
Impact On Allowance Of ASU 201613 Adoption [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Allowance for loan losses			47,000
Off-Balance-Sheet, Credit Loss, Liability			496,000
Commercial Portfolio Segment [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Allowance for loan losses	889,000	871,000		2,025,000	1,679,000	1,521,000	1,740,000
Commercial Portfolio Segment [Member] | Allowance For Credit Losses As Reported Under ASU 201613 [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Allowance for loan losses			1,207,000
Commercial Portfolio Segment [Member] | Allowance For Credit Loss Before ASU 201613 Adoption [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Allowance for loan losses			2,025,000
Commercial Portfolio Segment [Member] | Impact On Allowance Of ASU 201613 Adoption [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Allowance for loan losses			(818,000)
Consumer Portfolio Segment [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Allowance for loan losses	77,000	93,000		80,000	71,000	69,000	62,000
Consumer Portfolio Segment [Member] | Allowance For Credit Losses As Reported Under ASU 201613 [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Allowance for loan losses			93,000
Consumer Portfolio Segment [Member] | Allowance For Credit Loss Before ASU 201613 Adoption [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Allowance for loan losses			80,000
Consumer Portfolio Segment [Member] | Impact On Allowance Of ASU 201613 Adoption [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Allowance for loan losses			13,000
Real Estate Loans One To Four Family Including Home Equity Loans [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Allowance for loan losses	1,990,000	1,722,000		1,028,000	1,043,000	1,082,000	967,000
Real Estate Loans One To Four Family Including Home Equity Loans [Member] | Allowance For Credit Losses As Reported Under ASU 201613 [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Allowance for loan losses			1,410,000
Real Estate Loans One To Four Family Including Home Equity Loans [Member] | Allowance For Credit Loss Before ASU 201613 Adoption [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Allowance for loan losses			1,028,000
Real Estate Loans One To Four Family Including Home Equity Loans [Member] | Impact On Allowance Of ASU 201613 Adoption [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Allowance for loan losses			382,000
Real Estate Loans Multi Family [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Allowance for loan losses	1,285,000	1,402,000		1,375,000	1,427,000	1,400,000	1,674,000
Real Estate Loans Multi Family [Member] | Allowance For Credit Losses As Reported Under ASU 201613 [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Allowance for loan losses			1,235,000
Real Estate Loans Multi Family [Member] | Allowance For Credit Loss Before ASU 201613 Adoption [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Allowance for loan losses			1,375,000
Real Estate Loans Multi Family [Member] | Impact On Allowance Of ASU 201613 Adoption [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Allowance for loan losses			(140,000)
Commercial Real Estate Portfolio Segment [Member] | Allowance For Credit Losses As Reported Under ASU 201613 [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Allowance for loan losses			2,370,000
Commercial Real Estate Portfolio Segment [Member] | Allowance For Credit Loss Before ASU 201613 Adoption [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Allowance for loan losses			1,985,000
Commercial Real Estate Portfolio Segment [Member] | Impact On Allowance Of ASU 201613 Adoption [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Allowance for loan losses			385,000
Real Estate Loans Home Equity Lines Of Credit [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Allowance for loan losses	98,000	101,000		70,000	66,000	62,000	67,000
Real Estate Loans Home Equity Lines Of Credit [Member] | Allowance For Credit Losses As Reported Under ASU 201613 [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Allowance for loan losses			103,000
Real Estate Loans Home Equity Lines Of Credit [Member] | Allowance For Credit Loss Before ASU 201613 Adoption [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Allowance for loan losses			70,000
Real Estate Loans Home Equity Lines Of Credit [Member] | Impact On Allowance Of ASU 201613 Adoption [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Allowance for loan losses			33,000
Construction Loans [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Allowance for loan losses	$ 686,000	$ 585,000		$ 489,000	$ 359,000	$ 299,000	$ 258,000
Construction Loans [Member] | Allowance For Credit Losses As Reported Under ASU 201613 [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Allowance for loan losses			681,000
Construction Loans [Member] | Allowance For Credit Loss Before ASU 201613 Adoption [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Allowance for loan losses			489,000
Construction Loans [Member] | Impact On Allowance Of ASU 201613 Adoption [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Allowance for loan losses			$ 192,000

New Accounting Pronouncements_3

New Accounting Pronouncements - Additional Information (Detail) - USD ($)	Mar. 31, 2023	Dec. 31, 2022	Jul. 01, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Jun. 30, 2021
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Retained Earnings (Accumulated Deficit)	$ 42,732,000			$ 40,362,000
Allowance for loan losses	7,535,000	$ 7,166,000		7,052,000	$ 6,611,000	$ 6,395,000	$ 6,599,000
Off-Balance-Sheet, Credit Loss, Liability	$ 307,000		$ 496,000	$ 0
Accounting Standards Update 2016-13 [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Retained Earnings (Accumulated Deficit)			388,000,000
Allowance for loan losses			47,000,000
Off-Balance-Sheet, Credit Loss, Liability			$ 496,000,000

Stock-based Compensation - Summ

Stock-based Compensation - Summary of ESOP Shares (Detail) - USD ($) $ in Thousands		Mar. 31, 2023	Jun. 30, 2022
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Allocated shares		162,986	160,772
Shares committed for release		14,434	19,245
Unearned shares		158,771	173,205
Total ESOP shares		336,191	353,222
Fair value of unearned ESOP shares	[1]	$ 2,467	$ 3,291
[1]Based on closing price of $15.54 and $19.00 per share on March 31, 2023, and June 30, 2022, respectively.

Stock-based Compensation - Su_2

Stock-based Compensation - Summary of ESOP Shares (Parenthetical) (Detail) - $ / shares	Mar. 31, 2023	Jun. 30, 2022
Employee Stock Ownership Plan Esop [Member]
Employee Stock Ownership Plan (ESOP) Disclosures [Line Items]
ESOP, closing price per share	$ 15.54	$ 19

Stock-based Compensation - Su_3

Stock-based Compensation - Summary of Stock Option Activity (Detail) $ / shares in Units, $ in Thousands	9 Months Ended
	Mar. 31, 2023 USD ($) $ / shares shares
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Outstanding, June 30, 2022 | shares	134,143
Granted | shares
Exercised | shares	44,000
Forfeited | shares
Outstanding, March 31, 2023 | shares	90,143
Exercisable, March 31, 2023 | shares	90,143
Outstanding, June 30, 2022 | $ / shares	$ 16.63
Granted | $ / shares
Exercised | $ / shares	16.63
Forfeited | $ / shares
Outstanding, March 31, 2023 | $ / shares	16.63
Exercisable, March 31, 2023 | $ / shares	$ 16.63
Outstanding, March 31, 2023	8 months 12 days
Exercisable, March 31, 2023	8 months 12 days
Outstanding, March 31, 2023 | $	$ 0	[1]
Exercisable, March 31, 2023 | $	$ 0	[1]
[1]Based on closing price of $15.54 per share on March 31, 2023.

Stock-based Compensation - Su_4

Stock-based Compensation - Summary of Stock Option Activity (Parenthetical) (Detail)	Mar. 31, 2023 $ / shares
Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Closing price per share	$ 15.54

Stock-based Compensation - Su_5

Stock-based Compensation - Summary of Non-vested Restricted Stock Activity (Detail)	9 Months Ended
	Mar. 31, 2023 $ / shares shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted, Weighted-Average Grant-Date Fair Value | $ / shares	$ 19.1
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Beginning balance, Shares | shares	18,876
Granted, Shares | shares	53,000
Forfeited, Shares | shares	0
Earned and issued, Shares | shares	9,562
Ending balance, Shares | shares	62,314
Beginning balance, Weighted-Average Grant-Date Fair Value | $ / shares	$ 16.82
Forfeited, Weighted-Average Grant-Date Fair Value | $ / shares	0
Earned and issued, Weighted-Average Grant-Date Fair Value | $ / shares	16.83
Ending balance, Weighted-Average Grant-Date Fair Value | $ / shares	$ 18.76

Stock-based Compensation - Addi

Stock-based Compensation - Additional Information (Detail) - USD ($)		6 Months Ended	9 Months Ended
	Dec. 10, 2013	Dec. 31, 2016	Mar. 31, 2023	Mar. 31, 2022	Sep. 09, 2022	Jun. 30, 2022	Dec. 10, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Minimum hours of service required			1000 hours
Number of shares paid under ESOP			336,191			353,222
Employee Stock Ownership Plan Esop [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Period of service to qualify for ESOP benefits			12 months
Minimum age of employee to attain the plan			21 days
Shares to be purchased for ESOP, from borrowed funds			384,900
Shares to be purchased for ESOP, percentage of common stock			8%
Repayment of loan on ESOP			20 years
Percentage vested in accrued benefits			100%
Vesting period			6 years
Prorated vesting period			5 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			9,348	3,862
Employee Stock Ownership Plan ESOP Shares In ESOP Transferred			7,683
Employee Stock Ownership Plan Esop [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Prorated vesting period			2 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			52,970
Stock options granted			0
Options vested during the period			0
Weighted average recognition period for non-vested restricted stock awards			7 years
Unrecognized compensation expense for non-vested restricted stock awards			$ 0
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				53,000		16,900
Restricted stock available for future grants			211,880
Weighted average recognition period for non-vested restricted stock awards			4 years 4 months 24 days
Unrecognized compensation expense for non-vested restricted stock awards			$ 1,012,000
Stock based compensation expense			234,000	$ 119,000
Tax benefit			$ 67,000	$ 34,000
2022 Equity Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares authorized			264,850
2022 Equity Incentive Plan [Member] | Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares authorized			52,970
Options vested during the period			0
2022 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			211,880

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		9 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Mar. 31, 2023	Mar. 31, 2022
Earnings Per Share [Abstract]
Net income	$ 690	$ 1,154	$ 4,063	$ 4,749
Basic weighted average shares outstanding	3,343,670	3,257,782	3,318,809	3,251,073
Less: Average unallocated ESOP shares	(161,177)	(180,422)	(165,988)	(185,233)
Basic average shares outstanding	3,182,493	3,077,360	3,152,821	3,065,840
Diluted effect of restricted stock awards and stock options	82,103	72,919	86,964	68,497
Diluted average shares outstanding	3,246,596	3,150,279	3,239,785	3,134,337
Basic earnings per common share	$ 0.22	$ 0.37	$ 1.29	$ 1.55
Diluted earnings per common share	$ 0.21	$ 0.37	$ 1.25	$ 1.52

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	Mar. 31, 2023	Jun. 30, 2022
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	$ 233,947	$ 245,052
Gross Unrealized Gains	191	54
Gross Unrealized Losses	(26,445)	(24,200)
Fair Value	207,693	220,906
U.S. Treasury [Member]
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	1,496	3,483
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(54)	(83)
Fair Value	1,442	3,400
U.S. Government and Federal Agency [Member]
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	6,976	9,488
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(437)	(367)
Fair Value	6,539	9,121
Mortgage-backed: GSE Residential [Member]
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	204,128	210,367
Gross Unrealized Gains	121	47
Gross Unrealized Losses	(24,030)	(22,229)
Fair Value	180,219	188,185
Small Business Administration [Member]
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	17,910	17,960
Gross Unrealized Gains	70	3
Gross Unrealized Losses	(1,918)	(1,521)
Fair Value	16,062	16,442
State and Political Subdivisions [Member]
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	3,437	3,754
Gross Unrealized Gains	0	4
Gross Unrealized Losses	(6)	0
Fair Value	$ 3,431	$ 3,758

Securities - Additional Informa

Securities - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Mar. 31, 2023	Mar. 31, 2022	Jun. 30, 2022
Debt Securities, Available-for-sale [Line Items]
Mortgage-backed securities with a book value	$ 233,947		$ 233,947		$ 245,052
Fair Value	$ 207,693		$ 207,693		220,906
Percentage of equity securities	10%		10%
Repurchase agreements	$ 10,764		$ 10,764		9,244
Gross gains from sales of available for sale securities	12,000	$ 0	12,000	$ 0
Gross losses from sales of available for sale securities	0	0	183,000	0
Tax benefit to net realized gains (losses)	4	0	(48)	0
Investments in debt and marketable equity securities	$ 193,637		$ 193,637		$ 209,133
Temporarily impaired debt securities percentage of investment securities portfolio	93%		93%		95%
Asset Pledged as Collateral with Right [Member]
Debt Securities, Available-for-sale [Line Items]
Carrying value of securities pledged as collateral	$ 100,681		$ 100,681		$ 125,209
Tax benefit to net realized gains (losses)	4,000	$ 0	48,000	$ 0
Maturity Overnight [Member]
Debt Securities, Available-for-sale [Line Items]
Repurchase agreements	10,800		10,800
Mortgage-backed securities – GSE residential [Member]
Debt Securities, Available-for-sale [Line Items]
Mortgage-backed securities with a book value	204,128		204,128		210,367
Fair Value	180,219		180,219		188,185
Investments in debt and marketable equity securities	169,911		169,911		181,629
Debt Securities [Member]
Debt Securities, Available-for-sale [Line Items]
Investments in debt and marketable equity securities	193,637		193,637		209,133
Small Business Administration [Member]
Debt Securities, Available-for-sale [Line Items]
Mortgage-backed securities with a book value	17,910		17,910		17,960
Fair Value	16,062		16,062		16,442
Investments in debt and marketable equity securities	$ 14,675		$ 14,675		$ 14,983

Securities - Amortized Cost a_2

Securities - Amortized Cost and Fair Value of Available-for-Sale Securities by Contractual Maturity (Detail) - USD ($) $ in Thousands	Mar. 31, 2023	Jun. 30, 2022
Debt Securities, Available-for-sale [Line Items]
Within one year, Amortized Cost	$ 1,000
One to five years, Amortized Cost	5,957
Five to ten years, Amortized Cost	10,989
After ten years, Amortized Cost	11,873
Amortized Cost	29,819
Amortized Cost	233,947	$ 245,052
Within one year, Fair Value	995
One to five years, Fair Value	5,735
Five to ten years, Fair Value	10,343
After ten years, Fair Value	10,401
Fair Value	27,474
Fair Value	207,693	220,906
Mortgage-backed securities – GSE residential [Member]
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	204,128	210,367
Fair Value	$ 180,219	$ 188,185

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	Mar. 31, 2023	Jun. 30, 2022
Less than 12 Months, Fair Value	$ 34,757	$ 169,518
Less than 12 Months, Unrealized Losses	(980)	(16,877)
12 Months or More, Fair Value	158,880	39,615
12 Months or More, Unrealized Losses	(25,465)	(7,323)
Total Fair Value	193,637	209,133
Total, Unrealized Losses	(26,445)	(24,200)
US Treasury [Member]
Less than 12 Months, Fair Value	0	3,400
Less than 12 Months, Unrealized Losses	0	(83)
12 Months or More, Fair Value	1,442	0
12 Months or More, Unrealized Losses	(54)	0
Total Fair Value	1,442	3,400
Total, Unrealized Losses	(54)	(83)
U.S. Government and Federal Agency [Member]
Less than 12 Months, Fair Value	1,949	9,121
Less than 12 Months, Unrealized Losses	(46)	(367)
12 Months or More, Fair Value	4,590	0
12 Months or More, Unrealized Losses	(391)	0
Total Fair Value	6,539	9,121
Total, Unrealized Losses	(437)	(367)
Mortgage-backed securities – GSE residential [Member]
Less than 12 Months, Fair Value	29,284	144,042
Less than 12 Months, Unrealized Losses	(852)	(15,267)
12 Months or More, Fair Value	140,627	37,587
12 Months or More, Unrealized Losses	(23,178)	(6,962)
Total Fair Value	169,911	181,629
Total, Unrealized Losses	(24,030)	(22,229)
Small Business Administration [Member]
Less than 12 Months, Fair Value	2,454	12,955
Less than 12 Months, Unrealized Losses	(76)	(1,160)
12 Months or More, Fair Value	12,221	2,028
12 Months or More, Unrealized Losses	(1,842)	(361)
Total Fair Value	14,675	14,983
Total, Unrealized Losses	(1,918)	(1,521)
State and Political Subdivisions [Member]
Less than 12 Months, Fair Value	1,070
Less than 12 Months, Unrealized Losses	(6)
12 Months or More, Fair Value	0
12 Months or More, Unrealized Losses	0
Total Fair Value	1,070
Total, Unrealized Losses	$ (6)	$ 0

Loans and Allowance for Credi_3

Loans and Allowance for Credit Losses - Categories of Loans (Detail) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Jun. 30, 2021
Real estate loans
Total loans	$ 585,814		$ 525,736	$ 505,712
Unearned fees and discounts, net	(232)		(247)
Allowance for credit losses	7,535	$ 7,166	7,052	6,611	$ 6,395	$ 6,599
Loans, net	578,511		518,931
One- to four-family [Member]
Real estate loans
Total loans	158,388		132,474
Multi-family [Member]
Real estate loans
Total loans	98,891		88,247	88,566
Allowance for credit losses	1,285	1,402	1,375	1,427	1,400	1,674
Home equity lines of credit [Member]
Real estate loans
Total loans	7,058		6,987	6,600
Allowance for credit losses	98	101	70	66	62	67
Construction [Member]
Real estate loans
Total loans	42,881		41,254	31,127
Allowance for credit losses	686	585	489	359	299	258
Commercial [Member]
Real estate loans
Total loans	198,976		167,375	165,132
Allowance for credit losses	2,510	2,392	1,985	1,966	1,962	1,831
Commercial [Member]
Real estate loans
Total loans	71,129		80,418	81,399
Allowance for credit losses	889	871	2,025	1,679	1,521	1,740
Consumer [Member]
Real estate loans
Total loans	8,491		8,981	8,298
Allowance for credit losses	$ 77	$ 93	$ 80	$ 71	$ 69	$ 62

Loans and Allowance for Credi_4

Loans and Allowance for Credit Losses- Additional Information (Detail)	9 Months Ended	12 Months Ended
	Mar. 31, 2023 USD ($) SecurityLoan Loans	Jun. 30, 2022 USD ($) SecurityLoan Loans	Mar. 31, 2022 USD ($) Loans
Loans and Allowance for Credit Losses [Line Items]
Maximum term of fixed-rate one- to four-family residential mortgage loans	15 years
Number of default loans | SecurityLoan	0	0
Investment recorded prior to modification	$ 0	$ 0
Loans and Leases Receivable, Gross	585,814,000	525,736,000	$ 505,712,000
Allowance for Loan and Lease Losses, Loans Acquired	143,000
Fair Value, Concentration of Risk, Collateral Policy [Member]
Loans and Allowance for Credit Losses [Line Items]
Commercial and multi-family real estate	$ 334,513,000	290,972,000
Troubled Debt Restructurings [Member]
Loans and Allowance for Credit Losses [Line Items]
Minimum period for default	90 days
Commercial Business Loans [Member]
Loans and Allowance for Credit Losses [Line Items]
Loans and Leases Receivable, Gross	$ 71,129,000	$ 80,418,000	$ 81,399,000
Allowance for Loan and Lease Losses, Loans Acquired	$ 143,000
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%
Commercial Portfolio And Commercial Residential Portfolio [Member]
Loans and Allowance for Credit Losses [Line Items]
Number of loans as on closing date | Loans	0	0	18
Loans and Leases Receivable, Gross			$ 1,200,000
One- to four-family [Member]
Loans and Allowance for Credit Losses [Line Items]
Loans held for sale	$ 0	$ 227,000
Maximum term of fixed-rate one- to four-family residential mortgage loans	15 years
Loans and Leases Receivable, Gross	$ 158,388,000	132,474,000	$ 124,590,000
Allowance for Loan and Lease Losses, Loans Acquired	0
Purchased Loans and Loan Participations [Member]
Loans and Allowance for Credit Losses [Line Items]
Approximate amount of purchase loans included in loans receivable	675,000	1,570,000
Approximate amount of loans included on out-of-area participation	41,857,000	29,972,000
Amount within 100 miles of primary area	$ 23,646,000	$ 13,234,000
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 Credi_5

Loans and Allowance for Credit Losses - Allowance for Credit Losses and Recorded Investment in Loans Based on Portfolio Segment and Impairment Method (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Mar. 31, 2023	Mar. 31, 2022	Jun. 30, 2022
Allowance for loan losses:
Balance, beginning of year	$ 7,166	$ 6,395	$ 7,052	$ 6,599	$ 6,599
Impact of adopting ASU 2016-13			47
Provision for credit losses	367		442
Provision charged to expense		242		39	492
Losses charged off	(9)	(32)	(34)	(50)	(67)
Recoveries	11	6	28	23	28
Balance, end of period	7,535	6,611	7,535	6,611	7,052
Ending balance: individually evaluated for impairment		0		0	0
Ending balance: collectively evaluated for impairment		6,611		6,611	7,052
Loans:
Ending balance	585,814	505,712	585,814	505,712	525,736
Ending balance: individually evaluated for impairment		1,114		1,114	1,385
Ending balance: collectively evaluated for impairment		504,598		504,598	524,351
One- to four-family [Member]
Allowance for loan losses:
Balance, beginning of year	1,722	1,082	1,028	967	967
Impact of adopting ASU 2016-13			382
Provision for credit losses	268		579
Provision charged to expense		(13)		101	100
Losses charged off	0	(26)	0	(26)	(40)
Recoveries	0	0	1	1	1
Balance, end of period	1,990	1,043	1,990	1,043	1,028
Ending balance: individually evaluated for impairment		0		0	0
Ending balance: collectively evaluated for impairment		1,043		1,043	1,028
Loans:
Ending balance	158,388	124,590	158,388	124,590	132,474
Ending balance: individually evaluated for impairment		1,076		1,076	1,350
Ending balance: collectively evaluated for impairment		123,514		123,514	131,124
Multi-family [Member]
Allowance for loan losses:
Balance, beginning of year	1,402	1,400	1,375	1,674	1,674
Impact of adopting ASU 2016-13			(140)
Provision for credit losses	(117)		50
Provision charged to expense		27		(247)	(299)
Losses charged off	0	0	0	0	0
Recoveries	0	0	0	0	0
Balance, end of period	1,285	1,427	1,285	1,427	1,375
Ending balance: individually evaluated for impairment		0		0	0
Ending balance: collectively evaluated for impairment		1,427		1,427	1,375
Loans:
Ending balance	98,891	88,566	98,891	88,566	88,247
Ending balance: individually evaluated for impairment		0		0	0
Ending balance: collectively evaluated for impairment		88,566		88,566	88,247
Home equity lines of credit [Member]
Allowance for loan losses:
Balance, beginning of year	101	62	70	67	67
Impact of adopting ASU 2016-13			33
Provision for credit losses	(3)		(5)
Provision charged to expense		4		(1)	3
Losses charged off	0	0	0	0	0
Recoveries	0	0	0	0	0
Balance, end of period	98	66	98	66	70
Ending balance: individually evaluated for impairment		0		0	0
Ending balance: collectively evaluated for impairment		66		66	70
Loans:
Ending balance	7,058	6,600	7,058	6,600	6,987
Ending balance: individually evaluated for impairment		0		0	0
Ending balance: collectively evaluated for impairment		6,600		6,600	6,987
Construction [Member]
Allowance for loan losses:
Balance, beginning of year	585	299	489	258	258
Impact of adopting ASU 2016-13			192
Provision for credit losses	101		5
Provision charged to expense		60		101	231
Losses charged off	0	0	0	0	0
Recoveries	0	0	0	0	0
Balance, end of period	686	359	686	359	489
Ending balance: individually evaluated for impairment		0		0	0
Ending balance: collectively evaluated for impairment		359		359	489
Loans:
Ending balance	42,881	31,127	42,881	31,127	41,254
Ending balance: individually evaluated for impairment		0		0	0
Ending balance: collectively evaluated for impairment		31,127		31,127	41,254
Commercial [Member]
Allowance for loan losses:
Balance, beginning of year	2,392	1,962	1,985	1,831	1,831
Impact of adopting ASU 2016-13			385
Provision for credit losses	118		140
Provision charged to expense		4		135	154
Losses charged off	0	0	0	0	0
Recoveries	0	0	0	0	0
Balance, end of period	2,510	1,966	2,510	1,966	1,985
Ending balance: individually evaluated for impairment		0		0	0
Ending balance: collectively evaluated for impairment		1,966		1,966	1,985
Loans:
Ending balance	198,976	165,132	198,976	165,132	167,375
Ending balance: individually evaluated for impairment		0		0	0
Ending balance: collectively evaluated for impairment		165,132		165,132	167,375
Commercial [Member]
Allowance for loan losses:
Balance, beginning of year	871	1,521	2,025	1,740	1,740
Impact of adopting ASU 2016-13			(818)
Provision for credit losses	12		(332)
Provision charged to expense		154		(77)	265
Losses charged off	0	0	(4)	0	0
Recoveries	6	4	18	16	20
Balance, end of period	889	1,679	889	1,679	2,025
Ending balance: individually evaluated for impairment		0		0	0
Ending balance: collectively evaluated for impairment		1,679		1,679	2,025
Loans:
Ending balance	71,129	81,399	71,129	81,399	80,418
Ending balance: individually evaluated for impairment		38		38	35
Ending balance: collectively evaluated for impairment		81,361		81,361	80,383
Consumer [Member]
Allowance for loan losses:
Balance, beginning of year	93	69	80	62	62
Impact of adopting ASU 2016-13			13
Provision for credit losses	(12)		5
Provision charged to expense		6		27	38
Losses charged off	(9)	(6)	(30)	(24)	(27)
Recoveries	5	2	9	6	7
Balance, end of period	77	71	77	71	80
Ending balance: individually evaluated for impairment		0		0	0
Ending balance: collectively evaluated for impairment		71		71	80
Loans:
Ending balance	$ 8,491	8,298	$ 8,491	8,298	8,981
Ending balance: individually evaluated for impairment		0		0	0
Ending balance: collectively evaluated for impairment		$ 8,298		$ 8,298	$ 8,981

Loans and Allowance for Credi_6

Loans and Allowance for Credit Losses - Credit Risk Profile of Association's Loan Portfolio Based on Risk Rating Category and Year of Origination (Detail) - USD ($) $ in Thousands	Mar. 31, 2023	Jun. 30, 2022
Financing Receivable, Recorded Investment [Line Items]
2023	$ 31,043
2022	212,729
2021	101,116
2020	87,269
2019	29,134
Prior Years	124,523
Total loans	585,814	$ 525,736
Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
2023	28,227
2022	212,658
2021	100,917
2020	84,933
2019	28,429
Prior Years	120,986
Total loans	576,150	513,804
Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
2021	0
2020	28
2019	0
Prior Years	1,456
Total loans	1,484
Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
2023	2,816
2022	71
2021	199
2020	2,308
2019	705
Prior Years	2,081
Total loans	8,180	11,932
One- to four-family [Member]
Financing Receivable, Recorded Investment [Line Items]
2023	10,309
2022	57,687
2021	29,914
2020	18,809
2019	6,399
Prior Years	35,270
Total loans	158,388	132,474
One- to four-family [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
2023	10,309
2022	57,680
2021	29,815
2020	18,748
2019	6,175
Prior Years	33,790
Total loans	156,517	130,950
One- to four-family [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
2019	0
Prior Years	1,456
Total loans	1,456
One- to four-family [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
2023	0
2022	7
2021	99
2020	61
2019	224
Prior Years	24
Total loans	415	1,524
Multi-family [Member]
Financing Receivable, Recorded Investment [Line Items]
2023	301
2022	37,966
2021	10,849
2020	14,523
2019	8,922
Prior Years	26,330
Total loans	98,891	88,247
Multi-family [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
2023	301
2022	37,966
2021	10,849
2020	14,523
2019	8,676
Prior Years	26,330
Total loans	98,645	87,993
Multi-family [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
2020	0
2019	246
Total loans	246	254
Home equity lines of credit [Member]
Financing Receivable, Recorded Investment [Line Items]
2023	229
2022	2,346
2021	1,293
2020	895
2019	796
Prior Years	1,499
Total loans	7,058	6,987
Home equity lines of credit [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
2023	229
2022	2,346
2021	1,293
2020	895
2019	796
Prior Years	1,499
Total loans	7,058	6,987
Construction [Member]
Financing Receivable, Recorded Investment [Line Items]
2023	1,016
2022	23,070
2021	11,125
2020	7,670
Total loans	42,881	41,254
Construction [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
2023	1,016
2022	23,070
2021	11,125
2020	7,670
Total loans	42,881	41,254
Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
2023	9,305
2022	67,351
2021	30,332
2020	33,312
2019	6,001
Prior Years	52,675
Total loans	198,976	167,375
Commercial [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
2023	9,305
2022	67,351
2021	30,332
2020	32,441
2019	5,919
Prior Years	50,675
Total loans	196,023	164,424
Commercial [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
2021	0
2020	871
2019	82
Prior Years	2,000
Total loans	2,953	2,951
Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
2023	8,635
2022	20,591
2021	15,578
2020	10,992
2019	6,745
Prior Years	8,588
Total loans	71,129	80,418
Commercial [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
2023	5,819
2022	20,527
2021	15,478
2020	9,588
2019	6,592
Prior Years	8,537
Total loans	66,541	73,226
Commercial [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
2021	0
2020	28
Total loans	28
Commercial [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
2023	2,816
2022	64
2021	100
2020	1,376
2019	153
Prior Years	51
Total loans	4,560	7,192
Consumer [Member]
Financing Receivable, Recorded Investment [Line Items]
2023	1,248
2022	3,718
2021	2,025
2020	1,068
2019	271
Prior Years	161
Total loans	8,491	8,981
Consumer [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
2023	1,248
2022	3,718
2021	2,025
2020	1,068
2019	271
Prior Years	155
Total loans	8,485	8,970
Consumer [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	0
Consumer [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
2019	0
Prior Years	6
Total loans	$ 6	$ 11

Loans and Allowance for Credi_7

Loans and Allowance for Credit Losses - Association's Loan Portfolio Aging Analysis (Detail) - USD ($) $ in Thousands	Mar. 31, 2023	Jun. 30, 2022	Mar. 31, 2022
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	$ 1,518	$ 1,791
Current	584,296	523,945
Total loans	585,814	525,736	$ 505,712
Total Loans 90 Days Past Due & Accruing	0	47
Commercial [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	452
Current	198,524	167,375
Total loans	198,976	167,375	165,132
Commercial [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	243
Current	70,886	80,418
Total loans	71,129	80,418	81,399
Total Loans 90 Days Past Due & Accruing	0
Consumer [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	40	99
Current	8,451	8,882
Total loans	8,491	8,981	8,298
One- to four-family [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	763	1,692
Current	157,625	130,782
Total loans	158,388	132,474	124,590
Total Loans 90 Days Past Due & Accruing	0	47
Multi-family [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Current	98,891	88,247
Total loans	98,891	88,247	88,566
Home equity lines of credit [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	20
Current	7,038	6,987
Total loans	7,058	6,987	6,600
Construction [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Current	42,881	41,254
Total loans	42,881	41,254	$ 31,127
Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	1,200	452
Financing Receivables, 30 to 59 Days Past Due [Member] | Commercial [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	406
Financing Receivables, 30 to 59 Days Past Due [Member] | Commercial [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	36
Financing Receivables, 30 to 59 Days Past Due [Member] | Consumer [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	19	78
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	739	374
Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	41	165
Financing Receivables, 60 to 89 Days Past Due [Member] | Commercial [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	0
Financing Receivables, 60 to 89 Days Past Due [Member] | Commercial [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	0
Financing Receivables, 60 to 89 Days Past Due [Member] | Consumer [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	21	21
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	0	144
Financing Receivables, 60 to 89 Days Past Due [Member] | Home equity lines of credit [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	20
Financing Receivables, 90 Days or Greater [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	277	1,174
Financing Receivables, 90 Days or Greater [Member] | Commercial [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	46
Financing Receivables, 90 Days or Greater [Member] | Commercial [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	207
Financing Receivables, 90 Days or Greater [Member] | One- to four-family [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	$ 24	$ 1,174

Loans and Allowance for Credi_8

Loans and Allowance for Credit Losses - Schedule Of Amortized Cost Basis Collateral Dependent Loans By Class And Related Allowances (Detail)	9 Months Ended
	Mar. 31, 2023 USD ($)
Schedule Of Loans And Leases Receivable Measured At Amortized Cost Including Related Allowances [Line Items]
Allowance for Credit Losses	$ 143,000
One- to four-family [Member]
Schedule Of Loans And Leases Receivable Measured At Amortized Cost Including Related Allowances [Line Items]
Allowance for Credit Losses	0
Multi-family [Member]
Schedule Of Loans And Leases Receivable Measured At Amortized Cost Including Related Allowances [Line Items]
Allowance for Credit Losses	0
Home equity lines of credit [Member]
Schedule Of Loans And Leases Receivable Measured At Amortized Cost Including Related Allowances [Line Items]
Allowance for Credit Losses	0
Construction [Member]
Schedule Of Loans And Leases Receivable Measured At Amortized Cost Including Related Allowances [Line Items]
Allowance for Credit Losses	0
Commercial [Member]
Schedule Of Loans And Leases Receivable Measured At Amortized Cost Including Related Allowances [Line Items]
Allowance for Credit Losses	0
Commercial [Member]
Schedule Of Loans And Leases Receivable Measured At Amortized Cost Including Related Allowances [Line Items]
Allowance for Credit Losses	143,000
Consumer [Member]
Schedule Of Loans And Leases Receivable Measured At Amortized Cost Including Related Allowances [Line Items]
Allowance for Credit Losses	$ 0

Loans and Allowance for Credi_9

Loans and Allowance for Credit Losses - Summary of Impaired Loans (Detail) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended	12 Months Ended
	Mar. 31, 2022	Mar. 31, 2022	Jun. 30, 2022
Financing Receivable, Impaired [Line Items]
Recorded Balance	$ 1,114	$ 1,114	$ 1,385
Unpaid Principal Balance	1,114	1,114	1,385
Specific Allowance	0	0	0
Average Investment in Impaired Loans	1,119	1,125	1,401
Interest Income Recognized	7	18	19
Interest on Cash Basis	7	17	17
Commercial [Member]
Financing Receivable, Impaired [Line Items]
Recorded Balance, Loans without a specific valuation allowance	38	38	35
Unpaid Principal Balance, Loans without a specific valuation allowance	38	38	35
Average Investment in Impaired Loans, Loans without a specific valuation allowance	40	42	40
Interest Income Recognized, Loans without a specific valuation allowance	1	3	4
Interest on Cash Basis, Loans without a specific valuation allowance	1	3	4
Recorded Balance	38	38	35
Unpaid Principal Balance	38	38	35
Average Investment in Impaired Loans	40	42	40
Interest Income Recognized	1	3	4
Interest on Cash Basis	1	3	4
Consumer [Member]
Financing Receivable, Impaired [Line Items]
Recorded Balance, Loans without a specific valuation allowance	0	0
Recorded Balance	0	0
One- to four-family [Member]
Financing Receivable, Impaired [Line Items]
Recorded Balance, Loans without a specific valuation allowance	1,076	1,076	1,350
Unpaid Principal Balance, Loans without a specific valuation allowance	1,076	1,076	1,350
Average Investment in Impaired Loans, Loans without a specific valuation allowance	1,079	1,083	1,361
Interest Income Recognized, Loans without a specific valuation allowance	6	15	15
Interest on Cash Basis, Loans without a specific valuation allowance	6	14	13
Recorded Balance	1,076	1,076
Unpaid Principal Balance	1,076	1,076
Average Investment in Impaired Loans	1,079	1,083
Interest Income Recognized	6	15
Interest on Cash Basis	$ 6	$ 14
Multi-family [Member]
Financing Receivable, Impaired [Line Items]
Recorded Balance			1,350
Unpaid Principal Balance			1,350
Average Investment in Impaired Loans			1,361
Interest Income Recognized			15
Interest on Cash Basis			$ 13

Loans and Allowance for Cred_10

Loans and Allowance for Credit Losses - Non Accruals (Detail) - USD ($) $ in Thousands	Mar. 31, 2023	Jun. 30, 2022
Mortgages on real estate:
Total, Nonaccrual, No Allowance	$ 0
Total	335	$ 1,127
One- to four-family [Member]
Mortgages on real estate:
Total, Nonaccrual, No Allowance	0
Total	24	1,127
Multi-family [Member]
Mortgages on real estate:
Total, Nonaccrual, No Allowance	0
Total	0	0
Real Estate Loans Home Equity Lines Of Credit [Member]
Mortgages on real estate:
Total, Nonaccrual, No Allowance	0
Total	0	0
Construction Loans [Member]
Mortgages on real estate:
Total, Nonaccrual, No Allowance	0
Total	0	0
Consumer Loans [Member]
Mortgages on real estate:
Total, Nonaccrual, No Allowance	0
Total	0	0
Commercial [Member]
Mortgages on real estate:
Total, Nonaccrual, No Allowance	0
Total	46	0
Commercial Business Loans [Member]
Mortgages on real estate:
Total, Nonaccrual, No Allowance	0
Total	$ 265	$ 0

Loans and Allowance for Cred_11

Loans and Allowance for Credit Losses - Loans Modified as Troubled Debt Restructurings (Detail) - USD ($) $ in Thousands	Mar. 31, 2023	Jun. 30, 2022
Real estate loans
Total	$ 225	$ 998
One- to four-family [Member]
Real estate loans
Total	198	962
Multi-family [Member]
Real estate loans
Total	0	0
Home equity lines of credit [Member]
Real estate loans
Total	0	0
Real Estate Loan [Member]
Real estate loans
Total	198	962
Construction Loans [Member]
Real estate loans
Total	0	0
Commercial [Member]
Real estate loans
Total	0	0
Commercial Business Loans [Member]
Real estate loans
Total	27	36
Consumer Loans [Member]
Real estate loans
Total	$ 0	$ 0

Federal Home Loan Bank Stock -

Federal Home Loan Bank Stock - Additional Information (Detail) - USD ($)	Mar. 31, 2023	Jun. 30, 2022
Federal Home Loan Banks [Abstract]
Federal Home Loan Bank stock	$ 3,843,000	$ 3,142,000

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income (Loss) - Components of Accumulated Other Comprehensive Income (Loss) (Detail) - USD ($) $ in Thousands	9 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Accumulated Other Comprehensive Income [Line Items]
Beginning balance	$ (17,346)	$ 1,933
Other comprehensive loss before reclassification	(1,630)	(11,288)
Amounts reclassified from accumulated other comprehensive income	123	0
Net current period other comprehensive loss	(4)	(25)
Ending balance	(18,857)	(9,380)
Unrealized Gains and Losses on Available-for- Sale Securities [Member]
Accumulated Other Comprehensive Income [Line Items]
Beginning balance	(17,263)	2,361
Other comprehensive loss before reclassification	(1,630)	(11,288)
Amounts reclassified from accumulated other comprehensive income	123	0
Net current period other comprehensive loss	0	0
Ending balance	(18,770)	(8,927)
Defined Benefit Pension Items [Member]
Accumulated Other Comprehensive Income [Line Items]
Beginning balance	(83)	(428)
Other comprehensive loss before reclassification	0	0
Amounts reclassified from accumulated other comprehensive income	0	0
Net current period other comprehensive loss	(4)	(25)
Ending balance	$ (87)	$ (453)

Changes in Accumulated Other _3

Changes in Accumulated Other Comprehensive Income (Loss) (AOCI) by Component - Amounts Reclassified from Accumulated Other Comprehensive Income (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Mar. 31, 2023	Mar. 31, 2022
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Realized gains (losses) on available-for-sale securities	$ 12	$ 0	$ (171)	$ 0
Tax expense	202	402	1,428	1,694
Net Income	690	1,154	4,063	4,749
Amounts Reclassified from AOCI [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Total reclassified amount before tax	10	(14)	(176)	(35)
Tax expense	4	(4)	(49)	(10)
Net Income	6	(10)	(127)	(25)
Accumulated Net Realized Investment Gains (Losses) [Member] | Amounts Reclassified from AOCI [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Realized gains (losses) on available-for-sale securities	12	0	(171)	0
Amortization of Defined Benefit Pension Items [Member] | Amounts Reclassified from AOCI [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Actuarial losses	$ (2)	$ (14)	$ (5)	$ (35)

Income Taxes - Reconciliation o

Income Taxes - Reconciliation of Income Tax Expense at the Statutory Rate (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Mar. 31, 2023	Mar. 31, 2022
Income Taxes Paid, Net [Abstract]
Computed at the statutory rate	$ 187	$ 327	$ 1,153	$ 1,353
Decrease resulting from
Tax exempt interest	(6)	(2)	(17)	(6)
Cash surrender value of life insurance	(20)	(18)	(61)	(83)
State income taxes	88	117	423	471
Other	(47)	(22)	(70)	(41)
Actual expense	$ 202	$ 402	$ 1,428	$ 1,694

Regulatory Capital - Additional

Regulatory Capital - Additional Information (Detail) $ in Billions	9 Months Ended
	Mar. 31, 2023 USD ($)	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
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 and Liabilities - Fair Value Measurements of Assets Recognized on Recurring Basis (Detail) - USD ($) $ in Thousands	Mar. 31, 2023	Jun. 30, 2022
Available-for-sale securities:
Available-for-sale securities, Fair Value	$ 207,693	$ 220,906
Mortgage servicing rights	1,472	1,463
U.S. Treasury [Member]
Available-for-sale securities:
Available-for-sale securities, Fair Value	1,442	3,400
US Government and federal agency [Member]
Available-for-sale securities:
Available-for-sale securities, Fair Value	6,539	9,121
Mortgage-backed securities – GSE residential [Member]
Available-for-sale securities:
Available-for-sale securities, Fair Value	180,219	188,185
Small Business Administration [Member]
Available-for-sale securities:
Available-for-sale securities, Fair Value	16,062	16,442
State and Political Subdivisions [Member]
Available-for-sale securities:
Available-for-sale securities, Fair Value	3,431	3,758
Significant Other Observable Inputs (Level 2) [Member]
Available-for-sale securities:
Mortgage servicing rights	0	0
Significant Other Observable Inputs (Level 2) [Member] | U.S. Treasury [Member]
Available-for-sale securities:
Available-for-sale securities, Fair Value	1,442	3,400
Significant Other Observable Inputs (Level 2) [Member] | US Government and federal agency [Member]
Available-for-sale securities:
Available-for-sale securities, Fair Value	6,539	9,121
Significant Other Observable Inputs (Level 2) [Member] | Mortgage-backed securities – GSE residential [Member]
Available-for-sale securities:
Available-for-sale securities, Fair Value	180,219	188,185
Significant Other Observable Inputs (Level 2) [Member] | Small Business Administration [Member]
Available-for-sale securities:
Available-for-sale securities, Fair Value	16,062	16,442
Significant Other Observable Inputs (Level 2) [Member] | State and Political Subdivisions [Member]
Available-for-sale securities:
Available-for-sale securities, Fair Value	1,070	1,096
Significant Unobservable Inputs (Level 3) [Member]
Available-for-sale securities:
Mortgage servicing rights	1,472	1,463
Significant Unobservable Inputs (Level 3) [Member] | State and Political Subdivisions [Member]
Available-for-sale securities:
Available-for-sale securities, Fair Value	$ 2,361	$ 2,662

Disclosures About Fair Value _4

Disclosures About Fair Value of Assets and Liabilities - Reconciliation of Beginning and Ending Balances of Recurring Fair Value Measurements Recognized in Accompanying Balance Sheet (Detail) $ in Thousands	9 Months Ended
	Mar. 31, 2023 USD ($)
Mortgage Servicing Rights [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning Balance	$ 1,463
Total realized and unrealized gains and losses included in net income	82
Servicing rights that result from asset transfers	60
Payments received and loans refinanced	(133)
Ending Balance	1,472
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	82
State and Political Subdivisions [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning Balance	2,662
Total realized and unrealized gains and losses included in net income	0
Settlements	(301)
Ending Balance	$ 2,361

Disclosures About Fair Value _5

Disclosures About Fair Value of Assets and Liabilities - Quantitative Information about Unobservable Inputs Used in Recurring and Nonrecurring Level 3 Fair Value Measurements (Detail)	9 Months Ended	12 Months Ended
	Mar. 31, 2023 USD ($) yr mo	Jun. 30, 2022 USD ($) yr mo
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Mortgage servicing rights	$ 1,472,000	$ 1,463,000
Impaired loans (collateral dependent)	$ 2,361,000	$ 2,662,000
Discount Rate [Member] | Discounted Cash Flow [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Mortgage servicing rights, measurement input	9.5	9.5
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	6	6
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	0.1	0.1
Minimum [Member] | Maturity/Call Date [Member] | Discounted Cash Flow [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Mortgage servicing rights, measurement input | mo	1	1
Minimum [Member] | Weighted average coupon [Member] | Discounted Cash Flow [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Mortgage servicing rights, measurement input	2.97	2.97
Minimum [Member] | Marketability yield adjustment [Member] | Discounted Cash Flow [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Mortgage servicing rights, measurement input	1	1
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	6.8	6.7
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	0.14	0.14
Maximum [Member] | Maturity/Call Date [Member] | Discounted Cash Flow [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Mortgage servicing rights, measurement input | yr	9	10
Maximum [Member] | Weighted average coupon [Member] | Discounted Cash Flow [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Mortgage servicing rights, measurement input	3.08	3.08
Maximum [Member] | Marketability yield adjustment [Member] | Discounted Cash Flow [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Mortgage servicing rights, measurement input	2	2
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	9.5	9.5
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	6.6	6.7
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	0.12	0.12
Weighted Average [Member] | Weighted average coupon [Member] | Discounted Cash Flow [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Mortgage servicing rights, measurement input	3.03	3.03
Weighted Average [Member] | Marketability yield adjustment [Member] | Discounted Cash Flow [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Mortgage servicing rights, measurement input	1.6	1.6

Disclosures About Fair Value _6

Disclosures About Fair Value of Assets and Liabilities - Estimated Fair Values of Financial Instruments and Level within Fair Value Hierarchy in which Fair Value Measurements Fall (Detail) - USD ($)	Mar. 31, 2023	Jun. 30, 2022
Financial assets
Cash and cash equivalents	$ 9,465,000	$ 75,811,000
Interest-bearing time deposits in banks	1,250,000	1,500,000
Loans, net of allowance for loan losses	578,511,000	518,931,000
Federal Home Loan Bank stock	3,843,000	3,142,000
Accrued interest receivable	2,641,000	2,023,000
Financial liabilities
Deposits	691,568,000	752,020,000
Repurchase agreements	10,764,000	9,244,000
Federal Home Loan Bank advances	56,500,000	15,000,000
Advances from borrowers for taxes and insurance	1,352,000	503,000
Accrued interest payable	961,000	176,000
Unrecognized financial instruments (net of contract amount)
Commitments to originate loans	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Financial assets
Cash and cash equivalents	9,465,000	75,811,000
Interest-bearing time deposits in banks	1,250,000	1,500,000
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	3,843,000	3,142,000
Accrued interest receivable	2,641,000	2,023,000
Financial liabilities
Deposits	404,660,000	501,544,000
Repurchase agreements	10,764,000	9,244,000
Federal Home Loan Bank advances	56,360,000	14,903,000
Advances from borrowers for taxes and insurance	1,352,000	503,000
Accrued interest payable	961,000	176,000
Unrecognized financial instruments (net of contract amount)
Commitments to originate loans	0	0
Significant Unobservable Inputs (Level 3) [Member]
Financial assets
Loans, net of allowance for loan losses	555,882,000	512,643,000
Financial liabilities
Deposits	284,542,000	250,650,000
Unrecognized financial instruments (net of contract amount)
Commitments to originate loans	$ 0	$ 0

Commitments - Additional Inform

Commitments - Additional Information (Detail) - USD ($)	3 Months Ended	9 Months Ended
	Mar. 31, 2023	Mar. 31, 2023	Jul. 01, 2022	Jun. 30, 2022
Commitments And Contingencies Disclosure [Line Items]
Off-Balance-Sheet, Credit loss, Liability	$ 307,000	$ 307,000	$ 496,000	$ 0
Off-Balance-Sheet, Credit Loss,Credit Loss Expense	$ 127,000	$ 189,000