IF Bancorp (IROQ) 10-Q 9 Nov 23 2023 Q1 Quarterly report Financial data

Cover Page

Cover Page - shares	3 Months Ended
	Sep. 30, 2023	Nov. 03, 2023
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Sep. 30, 2023
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q1
Trading Symbol	IROQ
Entity Registrant Name	IF Bancorp, Inc.
Entity Central Index Key	0001514743
Current Fiscal Year End Date	--06-30
Entity Current Reporting Status	Yes
Entity Filer Category	Non-accelerated Filer
Entity Common Stock, Shares Outstanding		3,354,626
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 ($)	Sep. 30, 2023	Jun. 30, 2023
Assets
Cash and due from banks	$ 13,425,000	$ 10,717,000
Interest-bearing demand deposits	157,000	271,000
Cash and cash equivalents	13,582,000	10,988,000
Interest-bearing time deposits in banks	1,250,000	1,250,000
Available-for-sale securities	191,112,000	201,299,000
Loans, net of allowance for credit losses of $7,450 and $7,139 at September 30, 2023 and June 30, 2023, respectively	614,598,000	587,457,000
Premises and equipment, net of accumulated depreciation of $9,359 and $9,212 at September 30, 2023 and June 30, 2023, respectively	11,008,000	11,092,000
Federal Home Loan Bank stock, at cost	4,764,000	3,127,000
Foreclosed assets held for sale, net	31,000	31,000
Accrued interest receivable	3,223,000	2,781,000
Bank-owned life insurance	14,862,000	14,761,000
Mortgage servicing rights	1,540,000	1,482,000
Deferred income taxes	12,962,000	11,037,000
Other	1,763,000	3,671,000
Total assets	870,695,000	848,976,000
Deposits
Demand	42,722,000	107,567,000
Savings, NOW and money market	347,552,000	344,151,000
Certificates of deposit	270,295,000	264,058,000
Brokered certificates of deposit	26,579,000	19,538,000
Total deposits	687,148,000	735,314,000
Repurchase agreements	16,038,000	10,787,000
Federal Home Loan Bank advances	90,500,000	19,500,000
Advances from borrowers for taxes and insurance	779,000	1,233,000
Accrued post-retirement benefit obligation	2,437,000	2,431,000
Accrued interest payable	2,737,000	1,666,000
Allowance for credit losses on off-balance sheet credit exposures	129,000	216,000
Other	4,336,000	6,076,000
Total liabilities	804,104,000	777,223,000
Commitments and Contingencies
Stockholders' Equity
Common stock, $.01 par value per share, 100,000,000 shares authorized, 3,354,626 shares issued and outstanding at both September 30, 2023 and June 30, 2023	33,000	33,000
Additional paid-in capital	51,657,000	51,543,000
Unearned ESOP shares, at cost, 149,149 and 153,960 shares at September 30, 2023 and June 30, 2023, respectively	(1,491,000)	(1,540,000)
Retained earnings	43,159,000	43,365,000
Accumulated other comprehensive income (loss), net of tax	(26,767,000)	(21,648,000)
Total stockholders' equity	66,591,000	71,753,000
Total liabilities and stockholders' equity	$ 870,695,000	$ 848,976,000

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2023	Jun. 30, 2023
Statement of Financial Position [Abstract]
Allowance for loan losses	$ 7,450	$ 7,139
Premises and equipment, accumulated depreciation	$ 9,359	$ 9,212
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	3,354,626
Common stock, shares outstanding	3,354,626	3,354,626
Unearned ESOP shares	149,149	153,960

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Interest and Dividend Income
Interest and fees on loans	$ 7,733	$ 5,600
Securities:
Taxable	1,395	1,335
Tax-exempt	26	27
Federal Home Loan Bank dividends	68	31
Deposits with other financial institutions	69	85
Total interest and dividend income	9,291	7,078
Interest Expense
Deposits	3,835	616
Federal Home Loan Bank advances and repurchase agreements	873	212
Total interest expense	4,708	828
Net Interest Income	4,583	6,250
Provision (Credit) for Credit Losses	222	(88)
Net Interest Income After Provision (Credit) for Credit Losses	4,361	6,338
Noninterest Income
Insurance commissions	171	173
Brokerage commissions	162	238
Mortgage banking income, net	140	177
Gain on sale of loans	72	42
Bank-owned life insurance income, net	101	97
Other	311	328
Total noninterest income	1,128	1,218
Noninterest Expense
Compensation and benefits	3,016	3,128
Office occupancy	289	242
Equipment	546	566
Federal deposit insurance	138	53
Stationary, printing and office	10	21
Advertising	77	101
Professional services	92	172
Supervisory examinations	27	45
Audit and accounting services	83	51
Organizational dues and subscriptions	23	22
Insurance bond premiums	59	53
Telephone and postage	41	41
Gain on foreclosed assets, net	0	(28)
Other	447	380
Total noninterest expense	4,848	4,847
Income Before Income Tax	641	2,709
Provision for Income Tax	175	740
Net Income	$ 466	$ 1,969
Earnings Per Share:
Basic	$ 0.15	$ 0.63
Diluted	0.14	0.62
Dividends declared per common share	$ 0.2	$ 0.2
Customer Service Fees [Member]
Noninterest Income
Noninterest income	$ 101	$ 105
Other Service Charges and Fees [Member]
Noninterest Income
Noninterest income	$ 70	$ 58

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Statement of Comprehensive Income [Abstract]
Net Income	$ 466	$ 1,969
Other Comprehensive Loss
Unrealized depreciation on available-for-sale securities, net of taxes of $(2,041) and $(2,268), for 2023 and 2022, respectively	(5,121)	(5,688)
Postretirement health plan amortization of transition obligation and prior service cost and change in net loss, net of taxes of $0 and $(1) for 2023 and 2022, respectively	2	(1)
Other comprehensive loss, net of tax	(5,119)	(5,689)
Comprehensive Loss	$ (4,653)	$ (3,720)

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Comprehensive Income (Loss) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Statement of Comprehensive Income [Abstract]
Unrealized depreciation on available-for-sale securities, net of tax	$ (2,041)	$ (2,268)
Postretirement health plan amortization of transition obligation and prior service cost and change in net loss, tax	$ 0	$ (1)

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, 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	1,969												1,969
Other comprehensive loss	(5,689)															(5,689)
Dividends on common stock	(667)												(667)
Stock options exercised	449			1			448
Stock equity plan	56						56
ESOP shares earned	91						43			48
Ending Balance at Sep. 30, 2022	67,479			33			50,889			(1,684)			41,276			(23,035)
Beginning Balance at Jun. 30, 2023	71,753			33			51,543			(1,540)			43,365			(21,648)
Net income	466												466
Other comprehensive loss	(5,119)															(5,119)
Dividends on common stock	(672)												(672)
Stock equity plan	90						90
ESOP shares earned	73						24			49
Ending Balance at Sep. 30, 2023	$ 66,591			$ 33			$ 51,657			$ (1,491)			$ 43,159			$ (26,767)

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Stockholders' Equity (Parenthetical) - $ / shares	3 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Dividends declared per common share	$ 0.2	$ 0.2
ESOP shares earned, shares	4,811	4,811
Retained Earnings [Member]
Dividends declared per common share	$ 0.2	$ 0.2

Condensed Consolidated Statem_6

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Operating Activities
Net income	$ 466	$ 1,969
Items not requiring (providing) cash
Depreciation	177	166
Provision (credit) for credit losses	222	(88)
Amortization (Accretion) of premiums and discounts on securities	(66)	110
Deferred income taxes	116	(92)
Net realized gains on loan sales	(72)	(42)
Gain on foreclosed assets held for sale	0	(28)
Bank-owned life insurance income, net	(101)	(97)
Originations of loans held for sale	(3,539)	(1,344)
Proceeds from sales of loans held for sale	3,502	1,523
ESOP compensation expense	73	91
Stock equity plan expense	90	56
Changes in
Accrued interest receivable	(442)	(306)
Other assets	1,908	(53)
Accrued interest payable	1,071	31
Post-retirement benefit obligation	8	6
Other liabilities	(2,412)	(2,187)
Net cash provided by (used in) operating activities	1,001	(285)
Investing Activities
Purchases of available-for-sale securities	0	(980)
Proceeds from maturities and pay downs of available-for-sale securities	3,091	7,201
Net change in loans	(27,402)	(24,872)
Purchase of premises and equipment	(93)	(28)
Proceeds from the sale of foreclosed assets	3	148
Purchase of Federal Home Loan Bank stock	(1,637)	(547)
Redemption of Federal Home Loan Bank stock	0	349
Net cash used in investing activities	(26,038)	(18,729)
Financing Activities
Net decrease in demand deposits, money market, NOW and savings accounts	(61,444)	(83,170)
Net increase (decrease) in certificates of deposit, including brokered certificates	13,278	(11,445)
Net increase (decrease) in advances from borrowers for taxes and insurance	(454)	279
Proceeds from Federal Home Loan Bank advances	203,500	112,000
Repayments of Federal Home Loan Bank advances	(132,500)	(64,000)
Net increase in repurchase agreements	5,251	476
Proceeds from exercise of stock options	0	449
Net cash provided by (used in) financing activities	27,631	(45,411)
Net Increase (Decrease) in Cash and Cash Equivalents	2,594	(64,425)
Cash and Cash Equivalents, Beginning of Period	10,988	75,811
Cash and Cash Equivalents, End of Period	13,582	11,386
Supplemental Cash Flows Information
Interest paid	3,637	797
Income taxes paid (net of refunds)	45	85
Dividends Payable	$ 672	$ 667

Basis of Financial Statement Pr

Basis of Financial Statement Presentation	3 Months Ended
	Sep. 30, 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 S-X. 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, IF Insurance Agency retains its commission portion of the customer premium payment and remits the balance to the carrier. In both cases, the carrier holds the performance obligation. • Brokerage Commissions—The primary brokerage revenue is recorded at the beginning of each quarter through billing to customers based on the account asset size on the last day of the previous quarter. If a withdrawal of funds takes place, a prorated refund may occur; this is reflected within the same quarter as the original billing occurred. All performance obligations are met within the same quarter that the revenue is recorded. • Other—The Company generates revenue through service charges from the use of its ATM machines and interchange income from the use of Company issued credit and debit cards. The revenue is recognized at the time the service is used, and the performance obligation is satisfied.

New Accounting Pronouncements

New Accounting Pronouncements	3 Months Ended
	Sep. 30, 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 2016-13 Allowance pre-ASU 2016-13 Impact on Allowance 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 2022-02,

Stock-based Compensation

Stock-based Compensation	3 Months Ended
	Sep. 30, 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 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 September 30, 2023 and June 30, 2023 are as follows (dollars in thousands): September 30, 2023 June 30, 2023 Allocated shares 182,231 162,986 Shares committed for release 4,811 19,245 Unearned shares 149,149 153,960 Total ESOP shares 336,191 336,191 Fair value of unearned ESOP shares (1) $ 2,221 $ 2,223 (1) Based on closing price of $14.89 and $14.44 per share on September 30, 2023, and June 30, 2023, respectively. During the three months ended September 30, 2023 and 2022, no ESOP shares were paid to ESOP participants due to separation from service. The IF Bancorp, Inc. 2012 Equity Incentive Plan (the “Equity Incentive Plan”) was approved by stockholders in 2012 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 vested 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 September 30, 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 three months ended September 30, 2023 (dollars in thousands): Options Weighted-Average Weighted-Average Aggregate Intrinsic Outstanding, June 30, 2023 90,143 $ 16.63 Granted —  —  Exercised —  —  Forfeited —  —  Outstanding, September 30, 2023 90,143 $ 16.63 0.2 $ —  (1) Exercisable, September 30, 2023 90,143 $ 16.63 0.2 $ —  (1) (1) Based on closing price of $14.89 per share on September 30, 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 three months ended September 30, 2023. No stock options vested during the three months ended September 30, 2023 and 2022. Stock-based compensation expense and related tax benefit were zero for stock options for the three months ended September 30, 2023 and 2022. Compensation costs related to non-vested The following table summarizes non-vested Shares Weighted-Average Grant- Balance, June 30, 2023 62,314 $ 18.76 Granted —  —  Forfeited —  —  Earned and issued 10,600 19.10 Balance, September 30, 2023 51,714 $ 18.69 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")	3 Months Ended
	Sep. 30, 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 periods ended September 30, 2023 and 2022. The factors used in the earnings per common share computation are as follows: Three Months Ended Three Months Ended Net income $ 466 $ 1,969 Basic weighted average shares outstanding 3,354,626 3,275,876 Less: Average unallocated ESOP shares (151,554 ) (170,799 ) Basic average shares outstanding 3,203,072 3,105,077 Diluted effect of restricted stock awards and stock options 63,681 76,335 Diluted average shares outstanding 3,266,753 3,181,412 Basic earnings per common share $ 0.15 $ 0.63 Diluted earnings per common share $ 0.14 $ 0.62

Securities

Securities	3 Months Ended
	Sep. 30, 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 September 30, 2023: U.S. Treasury $ 497 $ —  $ (67 ) $ 430 U.S. Government and federal agency 6,977 —  (550 ) 6,427 Mortgage-backed: GSE residential 200,573 —  (33,995 ) 166,578 Small Business Administration 17,174 —  (2,906 ) 14,268 State and political subdivisions 3,426 —  (17 ) 3,409 $ 228,647 $ —  $ (37,535 ) $ 191,112 June 30, 2023: U.S. Treasury $ 497 $ —  $ (59 ) $ 438 U.S. Government and federal agency 6,976 —  (499 ) 6,477 Mortgage-backed: GSE residential 203,139 21 (27,434 ) 175,726 Small Business Administration 17,629 1 (2,397 ) 15,233 State and political subdivisions 3,431 —  (6 ) 3,425 $ 231,672 $ 22 $ (30,395 ) $ 201,299 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 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. 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 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 September 30, 2023 with a book value that exceeded 10% of the Company’s total equity except for: U.S. Government and federal agency securities, Mortgage-backed GSE residential securities and Small Business Administration securities with an amortized cost of approximately $ 6,977,000 All mortgage-backed securities at September 30, 2023, and June 30, 2023 were issued by GSEs. The amortized cost and fair value of available-for-sale Available-for-sale Securities Amortized Cost Fair Value Within one year $ —  $ —  One to five years 5,852 5,533 Five to ten years 10,850 9,659 After ten years 11,372 9,342 28,074 24,534 Mortgage-backed securities 200,573 166,578 Totals $ 228,647 $ 191,112 The carrying value of securities pledged as collateral to secure public deposits and for other purposes was $94,334,000 and $138,022,000 as of September 30, 2023 and June 30, 2023, respectively. The carrying value of securities sold under agreement to repurchase amounted to $16.0 million at September 30, 2023 and $10.8 million at June 30, 2023. At September 30, 2023, all $16.0 million of our repurchase agreements had an overnight maturity, and all were secured by U.S. Government, federal agency and GSE securities. The right of offset for a repurchase agreement resembles a secured borrowing, whereby the collateral pledged by the Company would be used to settle the fair value of the repurchase agreement should the Company be in default. The collateral is held by the Company in a segregated custodial account. In the event the collateral fair value falls below stipulated levels, the Company will pledge additional securities. The Company closely monitors collateral levels to ensure adequate levels are maintained. No available-for-sale Certain investments in debt securities are reported in the condensed consolidated financial statements at an amount less than their historical cost. Total fair value of these investments at September 30, 2023 and June 30, 2023, was $188,750,000 and $194,818,000, respectively, which is approximately 99% and 97% of the Company’s available-for-sale The following table shows the Company’s gross unrealized investment losses and the fair value of the Company’s investments, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position at September 30, 2023 and June 30, 2023: Less Than 12 Months 12 Months or More Total Description of Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized September 30, 2023: U.S. Treasury $ —  $ —  $ 430 $ (67 ) $ 430 $ (67 ) U.S. Government and federal agency —  —  6,427 (550 ) 6,427 (550 ) Mortgage-backed: GSE residential 12,377 (441 ) 154,201 (33,554 ) 166,578 (33,995 ) Small Business Administration 1,198 (52 ) 13,070 (2,854 ) 14,268 (2,906 ) State and political subdivisions —  —  1,047 (17 ) 1,047 (17 ) Total temporarily impaired securities $ 13,575 $ (493 ) $ 175,175 $ (37,042 ) $ 188,750 $ (37,535 ) June 30, 2023: U.S. Treasury $ —  $ —  $ 438 $ (59 ) $ 438 $ (59 ) U.S. Government and federal agency —  —  6,477 (499 ) 6,477 (499 ) Mortgage-backed: GSE residential 14,517 (440 ) 158,413 (26,994 ) 172,930 (27,434 ) Small Business Administration 1,148 (60 ) 12,762 (2,337 ) 13,910 (2,397 ) State and political subdivisions 1,063 (6 ) —  —  1,063 (6 ) Total temporarily impaired securities $ 16,728 $ (506 ) $ 178,090 $ (29,889 ) $ 194,818 $ (30,395 ) The unrealized losses on the Company’s investment in residential mortgage-backed securities and state and political subdivisions at September 30, 2023 and June 30, 2023, 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 September 30, 2023 and June 30, 2023

Loans and Allowance for Credit

Loans and Allowance for Credit Losses	3 Months Ended
	Sep. 30, 2023
Receivables [Abstract]
Loans and Allowance for Credit Losses	Note 6: Loans and Allowance for Credit Losses Segments of loans include: September 30, 2023 June 30, 2023 Real estate loans: One- $ 170,154 $ 163,854 Multi-family 89,177 89,649 Commercial 193,582 193,707 Home equity lines of credit 8,511 8,066 Construction 72,810 50,973 Commercial 79,194 79,693 Consumer 8,343 8,382 Total loans 621,771 594,324 Less: Unearned fees and discounts, net (277 ) (272 ) Allowance for credit losses 7,450 7,139 Loans, net $ 614,598 $ 587,457 The Company had loans held for sale included in one- The Company believes that sound loans are a necessary and desirable means of employing funds available for investment. Recognizing the Company’s obligations to its depositors and to the communities it serves, authorized personnel are expected to seek to develop and make sound, profitable loans that resources permit and that opportunity affords. The Company maintains lending policies and procedures in place designed to focus our lending efforts on the types, locations, and duration of loans most appropriate for our business model and markets. The Company’s principal lending activity is the origination of one- Company also has a loan production in Osage Beach, Missouri, which serves the Missouri counties of Camden, Miller, and Morgan. Generally, loans are collateralized by assets, primarily real estate, of the borrowers and guaranteed by individuals. The loans are expected to be repaid from cash flows of the borrowers or from proceeds from the sale of selected assets of the borrowers. 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 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 Association also receives independent loan reviews performed by a third party on larger commercial loans to be performed annually. In addition to compliance with our policy, the loan review process reviews the risk assessments made by our credit department, lenders and loan committees. Results of these reviews are presented to management, Audit Committee and the Board of Directors. The Company’s lending can be summarized into six primary areas: one- One- The Company offers one- non-conforming one- one- The Company also offers USDA (USDA Rural Development), FHA, and VA loans that are originated through a nationwide wholesale lender. In addition, the Company also offers home equity loans that are secured by a second mortgage on the borrower’s primary or secondary residence. Home equity loans are generally underwritten using the same criteria used to underwrite one- As one- one- debt-to-income Commercial Real Estate and Multi-Family Real Estate Loans Commercial real estate mortgage loans are primarily secured by owner-occupied businesses, retail rentals, churches, office buildings, 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- debt-to-income 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. Real Estate Construction Loans The Company originates construction loans for one- Consumer Loans Consumer loans consist of installment loans to individuals, primarily automotive loans. These loans are underwritten utilizing the borrower’s financial history, including the Fair Isaac Corporation (“FICO”) Loan-to-value Loan Concentration The loan portfolio includes a concentration of loans secured by commercial real estate properties, including real estate construction loans, amounting to $343,987,000 and $328,721,000 as of September 30, 2023 and June 30, 2023, 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 $629,000 and $652,000 at September 30, 2023 and June 30, 2023, respectively. All 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 $46,861,000 and $46,073,000 at September 30, 2023 and June 30, 2023, respectively, of which $29,821,000 and $28,951,000, at September 30, 2023 and June 30, 2023 were outside our primary market area. These participation loans are secured by real estate and other business assets. Allowance for Credit Losses The following tables present the activity in the allowance for credit losses for the three-month periods ended September 30, 2023 and 2022 and the year ended June 30, 2023: Three Months Ended September 30, 2023 Real Estate Loans One- to Four-Family Multi-Family Commercial Home Equity Allowance for credit losses: Balance, beginning of period $ 1,898 $ 1,121 $ 2,369 $ 121 Provision charged to expense 8 (6 ) (104 ) 13 Losses charged off —  —  —  —  Recoveries —  —  —  —  Balance, end of period $ 1,906 $ 1,115 $ 2,265 $ 134 Loans: Ending balance $ 170,154 $ 89,177 $ 193,582 $ 8,511 Three Months Ended September 30, 2023 (Continued) Construction Commercial Consumer Total Allowance for credit losses: Balance, beginning of period $ 765 $ 794 $ 71 $ 7,139 Provision charged to expense 400 (12 ) 11 310 Losses charged off —  —  (7 ) (7 ) Recoveries —  6 2 8 Balance, end of period $ 1,165 $ 788 $ 77 $ 7,450 Loans: Ending balance $ 72,810 $ 79,194 $ 8,343 $ 621,771 Year Ended June 30, 2023 Real Estate Loans One- to Four-Family Multi-Family Commercial Home Equity Allowance for credit losses: Balance, beginning of year (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 charged to expense 487 (114 ) (1 ) 18 Losses charged off —  —  —  —  Recoveries 1 —  —  —  Balance, end of year $ 1,898 $ 1,121 $ 2,369 $ 121 Loans: Ending balance $ 163,854 $ 89,649 $ 193,707 $ 8,066 Year Ended June 30, 2023 (Continued) Construction Commercial Consumer Total Allowance for credit losses: Balance, beginning of year (prior to adoption of ASU 2016-13) $ 489 $ 2,025 $ 80 $ 7,052 Impact of adopting ASU 2016-13 192 (818 ) 13 47 Provision charged to expense 84 (422 ) —  52 Losses charged off —  (14 ) (37 ) (51 ) Recoveries —  23 15 39 Balance, end of year $ 765 $ 794 $ 71 $ 7,139 Loans: Ending balance $ 50,973 $ 79,693 $ 8,382 $ 594,324 Three Months Ended September 30, 2022 Real Estate Loans One- to Four-Family Multi-Family Commercial Home Equity Allowance for credit losses: Balance, beginning of year (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 charged to expense 126 49 16 (9 ) Losses charged off —  —  —  —  Recoveries 1 —  —  —  Balance, end of year $ 1,537 $ 1,284 $ 2,386 $ 94 Loans: Ending balance $ 142,417 $ 98,778 $ 181,934 $ 6,778 Three Months Ended September 30, 2022 (Continued) Construction Commercial Consumer Total Allowance for credit losses: Balance, beginning of year (prior to adoption of ASU 2016-23) $ 489 $ 2,025 $ 80 $ 7,052 Impact of adopting ASU 2016-13 192 (818 ) 13 47 Provision charged to expense (132 ) (117 ) —  (67 ) Losses charged off —  (4 ) (12 ) (16 ) Recoveries —  4 2 7 Balance, end of year $ 549 $ 1,090 $ 83 $ 7,023 Loans: Ending balance $ 34,314 $ 77,103 $ 9,581 $ 550,905 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 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 utilizes the CECL cohort methodology analysis which relies on segmenting the loan portfolio into pools with similar risks, tracking the performance of the pools over time, and using the data to determine pool loss experience. 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 certain collateral-dependent loans by evaluating them individually. The specific allowance for collateral-dependent loans that are evaluated individually 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 individually evaluated 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. The Company categorizes loans into risk categories based on relevant information about the ability of borrowers to service their debt such as current financial information, historical payment experience, credit documentation, public information and current economic trends, among other factors. All loans are graded at inception of the loan. Subsequently, analyses are performed on an annual basis and grade changes are made as necessary. Interim grade reviews may take place if circumstances of the borrower warrant a more timely review. The Company utilizes an internal asset classification system as a means of reporting problem and potential problem loans. Under the Company’s risk rating system, the Company classifies problem and potential problem loans as “Watch,” “Substandard,” “Doubtful,” and “Loss.” The Company uses the following definitions for risk ratings: Pass – Watch – Substandard – Doubtful – Loss – Risk characteristics applicable to each segment of the loan portfolio are described as follows. Residential One- one- one- Commercial and Multi-family Real Estate: Construction Real Estate: Commercial: Consumer: The following tables present the credit risk profile of the Company’s loan portfolio based on risk rating category and calendar year of origination as of both September 30, 2023 and June 30, 2023 (in thousands): September 30, 2023 Risk Rating 2023 2022 2021 2020 2019 Prior Years Total One- Pass $ 35,439 $ 54,457 $ 26,855 $ 16,205 $ 5,535 $ 31,309 $ 169,800 Watch —  —  85 —  —  —  85 Substandard 14 6 30 —  219 —  269 Total $ 35,453 $ 54,463 $ 26,970 $ 16,205 $ 5,754 $ 31,309 $ 170,154 Multi-Family Pass $ 3,477 $ 35,415 $ 10,573 $ 14,150 $ 8,508 $ 16,813 $ 88,936 Watch —  —  —  —  —  —  —  Substandard —  —  —  —  241 —  241 Total $ 3,477 $ 35,415 $ 10,573 $ 14,150 $ 8,749 $ 16,813 $ 89,177 Commercial Real Estate Pass $ 18,049 $ 60,728 $ 28,548 $ 31,581 $ 5,574 $ 48,171 $ 192,651 Watch —  —  —  —  —  —  —  Substandard —  —  —  851 80 —  931 Total $ 18,049 $ 60,728 $ 28,548 $ 32,432 $ 5,654 $ 48,171 $ 193,582 Home Equity Line of Credit Pass $ 1,804 $ 1,879 $ 1,535 $ 1,078 $ 785 $ 1,430 $ 8,511 Watch —  —  —  —  —  —  —  Substandard —  —  —  —  —  —  —  Total $ 1,804 $ 1,879 $ 1,535 $ 1,078 $ 785 $ 1,430 $ 8,511 Construction Pass $ 15,659 $ 32,101 $ 16,152 $ 8,898 $ —  $ —  $ 72,810 Watch —  —  —  —  —  —  —  Substandard —  —  —  —  —  —  —  Total $ 15,659 $ 32,101 $ 16,152 $ 8,898 $ —  $ —  $ 72,810 Commercial Business Pass $ 19,603 $ 19,005 $ 15,471 $ 8,421 $ 7,036 $ 7,982 $ 77,518 Watch —  —  —  —  —  —  —  Substandard —  55 156 1,408 56 1 1,676 Total $ 19,603 $ 19,060 $ 15,627 $ 9,829 $ 7,092 $ 7,983 $ 79,194 Consumer Pass $ 3,278 $ 2,793 $ 1,356 $ 697 $ 154 $ 63 $ 8,341 Watch —  —  —  —  —  —  —  Substandard —  —  —  —  —  2 2 Total $ 3,278 $ 2,793 $ 1,356 $ 697 $ 154 $ 65 $ 8,343 Total Loans Pass $ 97,309 $ 206,378 $ 100,490 $ 81,030 $ 27,592 $ 105,768 $ 618,567 Watch —  —  85 —  —  —  85 Substandard 14 61 186 2,259 596 3 3,119 Total $ 97,323 $ 206,439 $ 100,761 $ 83,289 $ 28,188 $ 105,771 $ 621,771 June 30, 2023 Risk Rating 2023 2022 2021 2020 2019 Prior Years Total One- Pass $ 22,032 $ 56,054 $ 27,843 $ 18,468 $ 5,996 $ 32,729 $ 163,122 Watch —  —  —  —  —  335 335 Substandard 14 6 94 61 222 —  397 Total $ 22,046 $ 56,060 $ 27,937 $ 18,529 $ 6,218 $ 33,064 $ 163,854 Multi-Family Pass $ 674 $ 37,826 $ 10,647 $ 14,399 $ 8,587 $ 17,272 $ 89,405 Watch —  —  —  —  —  —  —  Substandard —  —  —  —  244 —  244 Total $ 674 $ 37,826 $ 10,647 $ 14,399 $ 8,831 $ 17,272 $ 89,649 Commercial Real Estate Pass $ 12,214 $ 63,645 $ 29,320 $ 32,502 $ 5,844 $ 49,239 $ 192,764 Watch —  —  —  —  —  —  —  Substandard —  —  —  862 81 —  943 Total $ 12,214 $ 63,645 $ 29,320 $ 33,364 $ 5,925 $ 49,239 $ 193,707 Home Equity Line of Credit Pass $ 982 $ 2,554 $ 1,301 $ 1,035 $ 789 $ 1,405 $ 8,066 Watch —  —  —  —  —  —  —  Substandard —  —  —  —  —  —  —  Total $ 982 $ 2,554 $ 1,301 $ 1,035 $ 789 $ 1,405 $ 8,066 Construction Pass $ 2,882 $ 29,188 $ 10,432 $ 8,471 $ —  $ —  $ 50,973 Watch —  —  —  —  —  —  —  Substandard —  —  —  —  —  —  —  Total $ 2,882 $ 29,188 $ 10,432 $ 8,471 $ —  $ —  $ 50,973 Commercial Business Pass $ 12,449 $ 20,004 $ 17,673 $ 8,797 $ 7,669 $ 8,841 $ 75,433 Watch —  —  —  —  —  —  —  Substandard 2,779 59 174 1,189 57 2 4,260 Total $ 15,228 $ 20,063 $ 17,847 $ 9,986 $ 7,726 $ 8,843 $ 79,693 Consumer Pass $ 2,391 $ 3,181 $ 1,653 $ 834 $ 211 $ 107 $ 8,377 Watch —  —  —  —  —  —  —  Substandard —  —  1 —  —  4 5 Total $ 2,391 $ 3,181 $ 1,654 $ 834 $ 211 $ 111 $ 8,382 Total Loans Pass $ 53,624 $ 212,452 $ 98,869 $ 84,506 $ 29,096 $ 109,593 $ 588,140 Watch —  —  —  —  —  335 335 Substandard 2,793 65 269 2,112 604 6 5,849 Total $ 56,417 $ 212,517 $ 99,138 $ 86,618 $ 29,700 $ 109,934 $ 594,324 The following tables present the Company’s loan portfolio aging analysis: 30-59 Days 60-89 Days Past Due Greater Total Past Due Current Total Loans Total Loans September 30, 2023: Real estate loans: One- $ 1,210 $ 418 $ 25 $ 1,653 $ 168,501 $ 170,154 $ 25 Multi-family 124 —  —  124 89,053 89,177 —  Commercial 404 255 —  659 192,923 193,582 —  Home equity lines of credit —  19 —  19 8,492 8,511 —  Construction —  —  —  —  72,810 72,810 —  Commercial 531 85 55 671 78,523 79,194 —  Consumer 25 3 —  28 8,315 8,343 —  Total $ 2,294 $ 780 $ 80 $ 3,154 $ 618,617 $ 621,771 $ 25 30-59 Days Past Due 60-89 Days Past Due Greater Total Past Due Current Total Loans Total Loans > 90 Days & Accruing June 30, 2023: Real estate loans: One- $ 523 $ 116 $ —  $ 639 $ 163,215 $ 163,854 $ —  Multi-family —  —  —  —  89,649 89,649 —  Commercial 153 —  —  153 193,554 193,707 —  Home equity lines of credit —  20 —  20 8,046 8,066 —  Construction —  —  —  —  50,973 50,973 —  Commercial 56 —  58 114 79,579 79,693 —  Consumer 47 6 2 55 8,327 8,382 —  Total $ 779 $ 142 $ 60 $ 981 $ 593,343 $ 594,324 $ —  The allowance for credit losses on most loans is measured on a collective (pool) basis for loans with similar risk characteristics, while some collateral-dependent loans are selected to be evaluated individually. At June 30, 2023, no non-performing 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 September 30, 2023 and June 30, 2023: September 30, 2023 June 30, 2023 Nonaccrual with no Nonaccrual Nonaccrual with no Nonaccrual Mortgages on real estate: One- $ —  $ —  $ —  $ —  Multi-family —  —  —  —  Commercial —  —  —  —  Home equity lines of credit —  —  —  —  Construction loans —  —  —  —  Commercial business loans —  111 —  115 Consumer loans —  —  —  2 Total $ —  $ 111 $ —  $ 117 Loan Modifications and Troubled Debt Restructurings (TDRs) After adopting ASU 2022-02, 2022-02, At September 30, 2023, the Company no longer held any TDRs, while at June 30, 2023, the Company had a number of loans that were modified in troubled debt restructurings. The modification 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 June 30, 2023. All TDRs were performing according to the terms of the restructuring and were accruing as of June 30, 2023. June 30, 2023 Real estate loans One- $ 189 Multi-family —  Commercial —  Home equity lines of credit —  Total real estate loans 189 Construction loans —  Commercial business loans 26 Consumer loans —  Total $ 215 TDRs with Defaults The Company had no TDRs in default and no restructured loans in foreclosure as of September 30, 2023 or as of June 30, 2023. 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 credit losses. We believe the qualitative adjustments more accurately reflect collateral values in light of the sales and economic conditions that we have recently observed. We may obtain physical possession of real estate collateralizing a residential mortgage loan or home equity loan via foreclosure or in-substance

Federal Home Loan Bank Stock

Federal Home Loan Bank Stock	3 Months Ended
	Sep. 30, 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 $4,764,000 and $3,127,000 of Federal Home Loan Bank stock as of September 30, 2023 and June 30, 2023, respectively. The FHLB provides liquidity and funding through advances.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (Loss)	3 Months Ended
	Sep. 30, 2023
Equity [Abstract]
Accumulated Other Comprehensive Income (Loss)	Note 8: Accumulated Other Comprehensive Loss The following tables present changes in accumulated other comprehensive loss, by component, net of tax, for the three months ended September 30, 2023 and 2022: Unrealized Available-for- Defined Total September 30, 2023: Beginning balance $ (21,715 ) $ 67 $ (21,648 ) Other comprehensive loss before reclassification (5,121 ) —  (5,121 ) Net current period other comprehensive loss —  2 2 Ending balance $ (26,836 ) $ 69 $ (26,767 ) September 30, 2022: Beginning balance $ (17,263 ) $ (83 ) $ (17,346 ) Other comprehensive income before reclassification (5,688 ) —  (5,688 ) Net current period other comprehensive income —  (1 ) (1 ) Ending balance $ (22,951 ) $ (84 ) $ (23,035 )

Changes in Accumulated Other Co

Changes in Accumulated Other Comprehensive Income (Loss) (AOCI) by Component	3 Months Ended
	Sep. 30, 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 quarters ended September 30, 2023 and 2022, were as follows: Amounts Reclassified from AOCI 2023 2022 Affected Line Item in the Condensed Realized gains on available-for-sale $ —  $ —  Net realized gains on sale of available-for- Amortization of defined benefit pension items: Actuarial losses $ 2 $ (2 ) Components are included in computation of net periodic pension cost Total reclassified amount before tax $ 2 $ (2 ) Tax expense $ —  $ (1 ) Provision for Income Tax Total reclassification out of AOCI $ 2 $ (1 ) Net Income

Income Taxes

Income Taxes	3 Months Ended
	Sep. 30, 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 September 30, 2023 2022 Computed at the statutory rate $ 135 $ 569 Decrease resulting from Tax exempt interest (8 ) (6 ) Cash surrender value of life insurance (21 ) (20 ) State income taxes 46 196 Other 23 1 Actual expense $ 175 $ 740

Regulatory Capital

Regulatory Capital	3 Months Ended
	Sep. 30, 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 Community Bank Leverage Ratio is currently set at 9%. The Association opted into the Community Bank Leverage Ratio in 2020. As of September 30, 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	3 Months Ended
	Sep. 30, 2023
Fair Value Disclosures [Abstract]
Disclosures About Fair Value of Assets	Note 12: Disclosures About Fair Value of Assets Fair value is the price that would be received to sell an asset in an orderly transaction between market participants at the measurement date. Fair value measurements must maximize the use of observable inputs and minimize the use of unobservable inputs. There is a hierarchy of three levels of inputs that may be used to measure fair value: Level 1 Quoted prices in active markets for identical assets Level 2 Observable inputs other than Level 1 prices, such as quoted prices for similar assets; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets Level 3 Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets Recurring Measurements The following table presents the fair value measurements of assets recognized in the accompanying 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 September 30, 2023 and June 30, 2023: Fair Value Measurements Using Fair Value Quoted (Level 1) Significant (Level 2) Significant (Level 3) September 30, 2023: Available-for-sale U.S. Treasury $ 430 $ —  $ 430 $ —  U.S. Government and federal agency and Government sponsored enterprises (GSE’s) 6,427 —  6,427 —  Mortgage-backed: GSE residential 166,578 —  166.578 —  Small Business Administration 14,268 —  14,268 —  State and political subdivisions 3,409 —  1,048 2,361 Mortgage servicing rights 1,540 —  —  1,540 Fair Value Measurements Using Fair Value Quoted (Level 1) Significant (Level 2) Significant (Level 3) June 30, 2023: Available-for-sale U.S. Treasury $ 438 $ —  $ 438 $ —  U.S. Government and federal agency and Government sponsored enterprises (GSE’s) 6,477 —  6,477 —  Mortgage-backed: GSE residential 175,726 —  175,726 —  Small Business Administration 15,233 —  15,233 —  State and political subdivisions 3,425 —  1,064 2,361 Mortgage servicing rights 1,482 —  —  1,482 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 September 30, 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 September 30, 2023 or June 30, 2023. 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: Three months ended September 30, 2023 Obligations of Mortgage Total Beginning balance $ 2,361 $ 1,482 $ 3,843 Transfers into Level 3 —  41 41 Transfers out of Level 3 —  (42 ) (42 ) Total realized and unrealized gains and losses included in net income —  59 59 Purchases —  —  —  Sales —  —  —  Settlements —  —  —  Ending balance $ 2,361 $ 1,540 $ 3,901 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 $ —  $ 59 $ 59 Year ended June 30, 2023 Obligations of Mortgage Total Beginning balance $ 2,662 $ 1,463 $ 4,125 Transfers into Level 3 —  89 89 Transfers out of Level 3 —  (171 ) (171 ) Total realized and unrealized gains and losses included in net income —  101 101 Purchases —  —  —  Sales —  —  —  Settlements (301 ) —  (301 ) Ending balance $ 2,361 $ 1,482 $ 3,843 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 $ —  $ 101 $ 101 Realized and unrealized gains and losses for items reflected in the table above are included in net income in the condensed 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 September 30, 2023 and June 30, 2023. Fair Value at Valuation Technique Unobservable Inputs Range (Weighted Average) Mortgage servicing rights $ 1,540 Discounted cash flow Discount rate 9.5% (9.5%) Constant prepayment rate 6.1% - 6.9% (6.6%) Probability of default 0.10% - 0.14% (0.12%) State and political subdivision $ 2,361 Discounted cash flow Maturity/Call Date 1 month – 9 years Weighted average coupon 2.97% - 3.08% (3.03%) Marketability yield adjustment 1.0% - 2.0% (1.6%) Fair Value at Valuation Technique Unobservable Inputs Range (Weighted Average) Mortgage servicing rights $ 1,482 Discounted cash flow Discount rate 9.5% (9.5%) Constant prepayment rate 6.0% - 7.0% (6.9%) Probability of default 0.09% - 0.12% (0.12%) State and political subdivision 2,361 Discounted cash flow Maturity/Call Date 1 month – 9 years Weighted average coupon 2.97% - 3.08% (3.03%) Marketability yield adjustment 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 September 30, 2023 and June 30, 2023. Carrying Fair Value Quoted Prices in (Level 1) Significant (Level 2) Significant (Level 3) September 30, 2023: Financial assets Cash and cash equivalents $ 13,582 $ 13,582 $ —  $ —  Interest-bearing time deposits in banks 1,250 1,250 —  —  Loans, net of allowance for credit losses 614,598 —  —  590,319 Federal Home Loan Bank stock 4,764 —  4,764 —  Accrued interest receivable 3,223 —  3,223 —  Financial liabilities Deposits 687,148 —  390,274 295,909 Repurchase agreements 16,038 —  16,038 —  Federal Home Loan Bank advances 90,500 —  90,407 —  Advances from borrowers for taxes and insurance 779 —  779 —  Accrued interest payable 2,737 —  2,737 —  Unrecognized financial instruments (net of contract amount) —  —  —  —  Commitments to originate loans —  —  —  —  Carrying Fair Value Quoted Prices in Active Assets (Level 1) Significant Significant (Level 3) June 30, 2023: Financial assets Cash and cash equivalents $ 10,988 $ 10,988 $ —  $ —  Interest-bearing time deposits in banks 1,250 1,250 —  —  Loans, net of allowance for credit losses 587,457 —  —  564,432 Federal Home Loan Bank stock 3,127 —  3,127 —  Accrued interest receivable 2,781 —  2,781 —  Financial liabilities Deposits 735,314 —  451,718 282,351 Repurchase agreements 10,787 —  10,787 —  Federal Home Loan Bank advances 19,500 —  19,382 —  Advances from borrowers for taxes and insurance 1,233 —  1,233 —  Accrued interest payable 1,666 —  1,666 —  Unrecognized financial instruments (net of contract amount) Commitments to originate loans —  —  —  —  The methods utilized to measure the fair value of financial instruments at September 30, 2023, represent an approximation of exit price; however, an actual exit price may differ.

Commitments

Commitments	3 Months Ended
	Sep. 30, 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 off-balance off-balance

New Accounting Pronouncements (

New Accounting Pronouncements (Policies)	3 Months Ended
	Sep. 30, 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 2016-13 Allowance pre-ASU 2016-13 Impact on Allowance 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 2022-02,

New Accounting Pronouncements_2

New Accounting Pronouncements (Tables)	3 Months Ended
	Sep. 30, 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 2016-13 Allowance pre-ASU 2016-13 Impact on Allowance 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)	3 Months Ended
	Sep. 30, 2023
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Summary of ESOP Shares	A summary of ESOP shares at September 30, 2023 and June 30, 2023 are as follows (dollars in thousands): September 30, 2023 June 30, 2023 Allocated shares 182,231 162,986 Shares committed for release 4,811 19,245 Unearned shares 149,149 153,960 Total ESOP shares 336,191 336,191 Fair value of unearned ESOP shares (1) $ 2,221 $ 2,223 (1) Based on closing price of $14.89 and $14.44 per share on September 30, 2023, and June 30, 2023, respectively.
Summary of Stock Option Activity	The following table summarizes stock option activity for the three months ended September 30, 2023 (dollars in thousands): Options Weighted-Average Weighted-Average Aggregate Intrinsic Outstanding, June 30, 2023 90,143 $ 16.63 Granted —  —  Exercised —  —  Forfeited —  —  Outstanding, September 30, 2023 90,143 $ 16.63 0.2 $ —  (1) Exercisable, September 30, 2023 90,143 $ 16.63 0.2 $ —  (1) (1) Based on closing price of $14.89 per share on September 30, 2023.
Summary of Non-vested Restricted Stock Activity	The following table summarizes non-vested Shares Weighted-Average Grant- Balance, June 30, 2023 62,314 $ 18.76 Granted —  —  Forfeited —  —  Earned and issued 10,600 19.10 Balance, September 30, 2023 51,714 $ 18.69

Earnings Per Common Share ("E_2

Earnings Per Common Share ("EPS") (Tables)	3 Months Ended
	Sep. 30, 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 periods ended September 30, 2023 and 2022. The factors used in the earnings per common share computation are as follows: Three Months Ended Three Months Ended Net income $ 466 $ 1,969 Basic weighted average shares outstanding 3,354,626 3,275,876 Less: Average unallocated ESOP shares (151,554 ) (170,799 ) Basic average shares outstanding 3,203,072 3,105,077 Diluted effect of restricted stock awards and stock options 63,681 76,335 Diluted average shares outstanding 3,266,753 3,181,412 Basic earnings per common share $ 0.15 $ 0.63 Diluted earnings per common share $ 0.14 $ 0.62

Securities (Tables)

Securities (Tables)	3 Months Ended
	Sep. 30, 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 September 30, 2023: U.S. Treasury $ 497 $ —  $ (67 ) $ 430 U.S. Government and federal agency 6,977 —  (550 ) 6,427 Mortgage-backed: GSE residential 200,573 —  (33,995 ) 166,578 Small Business Administration 17,174 —  (2,906 ) 14,268 State and political subdivisions 3,426 —  (17 ) 3,409 $ 228,647 $ —  $ (37,535 ) $ 191,112 June 30, 2023: U.S. Treasury $ 497 $ —  $ (59 ) $ 438 U.S. Government and federal agency 6,976 —  (499 ) 6,477 Mortgage-backed: GSE residential 203,139 21 (27,434 ) 175,726 Small Business Administration 17,629 1 (2,397 ) 15,233 State and political subdivisions 3,431 —  (6 ) 3,425 $ 231,672 $ 22 $ (30,395 ) $ 201,299
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 Cost Fair Value Within one year $ —  $ —  One to five years 5,852 5,533 Five to ten years 10,850 9,659 After ten years 11,372 9,342 28,074 24,534 Mortgage-backed securities 200,573 166,578 Totals $ 228,647 $ 191,112
Association's Investments Gross Unrealized Investment Losses and Fair Value of Association's Investments with Unrealized Losses	The following table shows the Company’s gross unrealized investment losses and the fair value of the Company’s investments, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position at September 30, 2023 and June 30, 2023: Less Than 12 Months 12 Months or More Total Description of Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized September 30, 2023: U.S. Treasury $ —  $ —  $ 430 $ (67 ) $ 430 $ (67 ) U.S. Government and federal agency —  —  6,427 (550 ) 6,427 (550 ) Mortgage-backed: GSE residential 12,377 (441 ) 154,201 (33,554 ) 166,578 (33,995 ) Small Business Administration 1,198 (52 ) 13,070 (2,854 ) 14,268 (2,906 ) State and political subdivisions —  —  1,047 (17 ) 1,047 (17 ) Total temporarily impaired securities $ 13,575 $ (493 ) $ 175,175 $ (37,042 ) $ 188,750 $ (37,535 ) June 30, 2023: U.S. Treasury $ —  $ —  $ 438 $ (59 ) $ 438 $ (59 ) U.S. Government and federal agency —  —  6,477 (499 ) 6,477 (499 ) Mortgage-backed: GSE residential 14,517 (440 ) 158,413 (26,994 ) 172,930 (27,434 ) Small Business Administration 1,148 (60 ) 12,762 (2,337 ) 13,910 (2,397 ) State and political subdivisions 1,063 (6 ) —  —  1,063 (6 ) Total temporarily impaired securities $ 16,728 $ (506 ) $ 178,090 $ (29,889 ) $ 194,818 $ (30,395 )

Loans and Allowance for Credi_2

Loans and Allowance for Credit Losses (Tables)	3 Months Ended
	Sep. 30, 2023
Categories of Loans	Segments of loans include: September 30, 2023 June 30, 2023 Real estate loans: One- $ 170,154 $ 163,854 Multi-family 89,177 89,649 Commercial 193,582 193,707 Home equity lines of credit 8,511 8,066 Construction 72,810 50,973 Commercial 79,194 79,693 Consumer 8,343 8,382 Total loans 621,771 594,324 Less: Unearned fees and discounts, net (277 ) (272 ) Allowance for credit losses 7,450 7,139 Loans, net $ 614,598 $ 587,457
Allowance for Credit Losses	Allowance for Credit Losses The following tables present the activity in the allowance for credit losses for the three-month periods ended September 30, 2023 and 2022 and the year ended June 30, 2023: Three Months Ended September 30, 2023 Real Estate Loans One- to Four-Family Multi-Family Commercial Home Equity Allowance for credit losses: Balance, beginning of period $ 1,898 $ 1,121 $ 2,369 $ 121 Provision charged to expense 8 (6 ) (104 ) 13 Losses charged off —  —  —  —  Recoveries —  —  —  —  Balance, end of period $ 1,906 $ 1,115 $ 2,265 $ 134 Loans: Ending balance $ 170,154 $ 89,177 $ 193,582 $ 8,511 Three Months Ended September 30, 2023 (Continued) Construction Commercial Consumer Total Allowance for credit losses: Balance, beginning of period $ 765 $ 794 $ 71 $ 7,139 Provision charged to expense 400 (12 ) 11 310 Losses charged off —  —  (7 ) (7 ) Recoveries —  6 2 8 Balance, end of period $ 1,165 $ 788 $ 77 $ 7,450 Loans: Ending balance $ 72,810 $ 79,194 $ 8,343 $ 621,771 Year Ended June 30, 2023 Real Estate Loans One- to Four-Family Multi-Family Commercial Home Equity Allowance for credit losses: Balance, beginning of year (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 charged to expense 487 (114 ) (1 ) 18 Losses charged off —  —  —  —  Recoveries 1 —  —  —  Balance, end of year $ 1,898 $ 1,121 $ 2,369 $ 121 Loans: Ending balance $ 163,854 $ 89,649 $ 193,707 $ 8,066 Year Ended June 30, 2023 (Continued) Construction Commercial Consumer Total Allowance for credit losses: Balance, beginning of year (prior to adoption of ASU 2016-13) $ 489 $ 2,025 $ 80 $ 7,052 Impact of adopting ASU 2016-13 192 (818 ) 13 47 Provision charged to expense 84 (422 ) —  52 Losses charged off —  (14 ) (37 ) (51 ) Recoveries —  23 15 39 Balance, end of year $ 765 $ 794 $ 71 $ 7,139 Loans: Ending balance $ 50,973 $ 79,693 $ 8,382 $ 594,324 Three Months Ended September 30, 2022 Real Estate Loans One- to Four-Family Multi-Family Commercial Home Equity Allowance for credit losses: Balance, beginning of year (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 charged to expense 126 49 16 (9 ) Losses charged off —  —  —  —  Recoveries 1 —  —  —  Balance, end of year $ 1,537 $ 1,284 $ 2,386 $ 94 Loans: Ending balance $ 142,417 $ 98,778 $ 181,934 $ 6,778 Three Months Ended September 30, 2022 (Continued) Construction Commercial Consumer Total Allowance for credit losses: Balance, beginning of year (prior to adoption of ASU 2016-23) $ 489 $ 2,025 $ 80 $ 7,052 Impact of adopting ASU 2016-13 192 (818 ) 13 47 Provision charged to expense (132 ) (117 ) —  (67 ) Losses charged off —  (4 ) (12 ) (16 ) Recoveries —  4 2 7 Balance, end of year $ 549 $ 1,090 $ 83 $ 7,023 Loans: Ending balance $ 34,314 $ 77,103 $ 9,581 $ 550,905
Credit Risk Profile of Association's Loan Portfolio Based on Risk Rating Category and Calendar Year of Origination	The following tables present the credit risk profile of the Company’s loan portfolio based on risk rating category and calendar year of origination as of both September 30, 2023 and June 30, 2023 (in thousands): September 30, 2023 Risk Rating 2023 2022 2021 2020 2019 Prior Years Total One- Pass $ 35,439 $ 54,457 $ 26,855 $ 16,205 $ 5,535 $ 31,309 $ 169,800 Watch —  —  85 —  —  —  85 Substandard 14 6 30 —  219 —  269 Total $ 35,453 $ 54,463 $ 26,970 $ 16,205 $ 5,754 $ 31,309 $ 170,154 Multi-Family Pass $ 3,477 $ 35,415 $ 10,573 $ 14,150 $ 8,508 $ 16,813 $ 88,936 Watch —  —  —  —  —  —  —  Substandard —  —  —  —  241 —  241 Total $ 3,477 $ 35,415 $ 10,573 $ 14,150 $ 8,749 $ 16,813 $ 89,177 Commercial Real Estate Pass $ 18,049 $ 60,728 $ 28,548 $ 31,581 $ 5,574 $ 48,171 $ 192,651 Watch —  —  —  —  —  —  —  Substandard —  —  —  851 80 —  931 Total $ 18,049 $ 60,728 $ 28,548 $ 32,432 $ 5,654 $ 48,171 $ 193,582 Home Equity Line of Credit Pass $ 1,804 $ 1,879 $ 1,535 $ 1,078 $ 785 $ 1,430 $ 8,511 Watch —  —  —  —  —  —  —  Substandard —  —  —  —  —  —  —  Total $ 1,804 $ 1,879 $ 1,535 $ 1,078 $ 785 $ 1,430 $ 8,511 Construction Pass $ 15,659 $ 32,101 $ 16,152 $ 8,898 $ —  $ —  $ 72,810 Watch —  —  —  —  —  —  —  Substandard —  —  —  —  —  —  —  Total $ 15,659 $ 32,101 $ 16,152 $ 8,898 $ —  $ —  $ 72,810 Commercial Business Pass $ 19,603 $ 19,005 $ 15,471 $ 8,421 $ 7,036 $ 7,982 $ 77,518 Watch —  —  —  —  —  —  —  Substandard —  55 156 1,408 56 1 1,676 Total $ 19,603 $ 19,060 $ 15,627 $ 9,829 $ 7,092 $ 7,983 $ 79,194 Consumer Pass $ 3,278 $ 2,793 $ 1,356 $ 697 $ 154 $ 63 $ 8,341 Watch —  —  —  —  —  —  —  Substandard —  —  —  —  —  2 2 Total $ 3,278 $ 2,793 $ 1,356 $ 697 $ 154 $ 65 $ 8,343 Total Loans Pass $ 97,309 $ 206,378 $ 100,490 $ 81,030 $ 27,592 $ 105,768 $ 618,567 Watch —  —  85 —  —  —  85 Substandard 14 61 186 2,259 596 3 3,119 Total $ 97,323 $ 206,439 $ 100,761 $ 83,289 $ 28,188 $ 105,771 $ 621,771 June 30, 2023 Risk Rating 2023 2022 2021 2020 2019 Prior Years Total One- Pass $ 22,032 $ 56,054 $ 27,843 $ 18,468 $ 5,996 $ 32,729 $ 163,122 Watch —  —  —  —  —  335 335 Substandard 14 6 94 61 222 —  397 Total $ 22,046 $ 56,060 $ 27,937 $ 18,529 $ 6,218 $ 33,064 $ 163,854 Multi-Family Pass $ 674 $ 37,826 $ 10,647 $ 14,399 $ 8,587 $ 17,272 $ 89,405 Watch —  —  —  —  —  —  —  Substandard —  —  —  —  244 —  244 Total $ 674 $ 37,826 $ 10,647 $ 14,399 $ 8,831 $ 17,272 $ 89,649 Commercial Real Estate Pass $ 12,214 $ 63,645 $ 29,320 $ 32,502 $ 5,844 $ 49,239 $ 192,764 Watch —  —  —  —  —  —  —  Substandard —  —  —  862 81 —  943 Total $ 12,214 $ 63,645 $ 29,320 $ 33,364 $ 5,925 $ 49,239 $ 193,707 Home Equity Line of Credit Pass $ 982 $ 2,554 $ 1,301 $ 1,035 $ 789 $ 1,405 $ 8,066 Watch —  —  —  —  —  —  —  Substandard —  —  —  —  —  —  —  Total $ 982 $ 2,554 $ 1,301 $ 1,035 $ 789 $ 1,405 $ 8,066 Construction Pass $ 2,882 $ 29,188 $ 10,432 $ 8,471 $ —  $ —  $ 50,973 Watch —  —  —  —  —  —  —  Substandard —  —  —  —  —  —  —  Total $ 2,882 $ 29,188 $ 10,432 $ 8,471 $ —  $ —  $ 50,973 Commercial Business Pass $ 12,449 $ 20,004 $ 17,673 $ 8,797 $ 7,669 $ 8,841 $ 75,433 Watch —  —  —  —  —  —  —  Substandard 2,779 59 174 1,189 57 2 4,260 Total $ 15,228 $ 20,063 $ 17,847 $ 9,986 $ 7,726 $ 8,843 $ 79,693 Consumer Pass $ 2,391 $ 3,181 $ 1,653 $ 834 $ 211 $ 107 $ 8,377 Watch —  —  —  —  —  —  —  Substandard —  —  1 —  —  4 5 Total $ 2,391 $ 3,181 $ 1,654 $ 834 $ 211 $ 111 $ 8,382 Total Loans Pass $ 53,624 $ 212,452 $ 98,869 $ 84,506 $ 29,096 $ 109,593 $ 588,140 Watch —  —  —  —  —  335 335 Substandard 2,793 65 269 2,112 604 6 5,849 Total $ 56,417 $ 212,517 $ 99,138 $ 86,618 $ 29,700 $ 109,934 $ 594,324
Association's Loan Portfolio Aging Analysis	The following tables present the Company’s loan portfolio aging analysis: 30-59 Days 60-89 Days Past Due Greater Total Past Due Current Total Loans Total Loans September 30, 2023: Real estate loans: One- $ 1,210 $ 418 $ 25 $ 1,653 $ 168,501 $ 170,154 $ 25 Multi-family 124 —  —  124 89,053 89,177 —  Commercial 404 255 —  659 192,923 193,582 —  Home equity lines of credit —  19 —  19 8,492 8,511 —  Construction —  —  —  —  72,810 72,810 —  Commercial 531 85 55 671 78,523 79,194 —  Consumer 25 3 —  28 8,315 8,343 —  Total $ 2,294 $ 780 $ 80 $ 3,154 $ 618,617 $ 621,771 $ 25 30-59 Days Past Due 60-89 Days Past Due Greater Total Past Due Current Total Loans Total Loans > 90 Days & Accruing June 30, 2023: Real estate loans: One- $ 523 $ 116 $ —  $ 639 $ 163,215 $ 163,854 $ —  Multi-family —  —  —  —  89,649 89,649 —  Commercial 153 —  —  153 193,554 193,707 —  Home equity lines of credit —  20 —  20 8,046 8,066 —  Construction —  —  —  —  50,973 50,973 —  Commercial 56 —  58 114 79,579 79,693 —  Consumer 47 6 2 55 8,327 8,382 —  Total $ 779 $ 142 $ 60 $ 981 $ 593,343 $ 594,324 $ —
Nonaccrual with no Allowance for Credit Losses and 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 September 30, 2023 and June 30, 2023: September 30, 2023 June 30, 2023 Nonaccrual with no Nonaccrual Nonaccrual with no Nonaccrual Mortgages on real estate: One- $ —  $ —  $ —  $ —  Multi-family —  —  —  —  Commercial —  —  —  —  Home equity lines of credit —  —  —  —  Construction loans —  —  —  —  Commercial business loans —  111 —  115 Consumer loans —  —  —  2 Total $ —  $ 111 $ —  $ 117
Loans Modified as Troubled Debt Restructurings	The following table presents the recorded balance, at original cost, of troubled debt restructurings, as of June 30, 2023. All TDRs were performing according to the terms of the restructuring and were accruing as of June 30, 2023. June 30, 2023 Real estate loans One- $ 189 Multi-family —  Commercial —  Home equity lines of credit —  Total real estate loans 189 Construction loans —  Commercial business loans 26 Consumer loans —  Total $ 215

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income (Loss) (Tables)	3 Months Ended
	Sep. 30, 2023
Equity [Abstract]
Components of Accumulated Other Comprehensive Income (Loss)	The following tables present changes in accumulated other comprehensive loss, by component, net of tax, for the three months ended September 30, 2023 and 2022: Unrealized Available-for- Defined Total September 30, 2023: Beginning balance $ (21,715 ) $ 67 $ (21,648 ) Other comprehensive loss before reclassification (5,121 ) —  (5,121 ) Net current period other comprehensive loss —  2 2 Ending balance $ (26,836 ) $ 69 $ (26,767 ) September 30, 2022: Beginning balance $ (17,263 ) $ (83 ) $ (17,346 ) Other comprehensive income before reclassification (5,688 ) —  (5,688 ) Net current period other comprehensive income —  (1 ) (1 ) Ending balance $ (22,951 ) $ (84 ) $ (23,035 )

Changes in Accumulated Other _2

Changes in Accumulated Other Comprehensive Income (Loss) (AOCI) by Component (Tables)	3 Months Ended
	Sep. 30, 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 quarters ended September 30, 2023 and 2022, were as follows: Amounts Reclassified from AOCI 2023 2022 Affected Line Item in the Condensed Realized gains on available-for-sale $ —  $ —  Net realized gains on sale of available-for- Amortization of defined benefit pension items: Actuarial losses $ 2 $ (2 ) Components are included in computation of net periodic pension cost Total reclassified amount before tax $ 2 $ (2 ) Tax expense $ —  $ (1 ) Provision for Income Tax Total reclassification out of AOCI $ 2 $ (1 ) Net Income

Income Taxes (Tables)

Income Taxes (Tables)	3 Months Ended
	Sep. 30, 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 September 30, 2023 2022 Computed at the statutory rate $ 135 $ 569 Decrease resulting from Tax exempt interest (8 ) (6 ) Cash surrender value of life insurance (21 ) (20 ) State income taxes 46 196 Other 23 1 Actual expense $ 175 $ 740

Disclosures About Fair Value _2

Disclosures About Fair Value of Assets (Tables)	3 Months Ended
	Sep. 30, 2023
Fair Value Disclosures [Abstract]
Fair Value Measurements of Assets Recognized on Recurring Basis	The following table presents the fair value measurements of assets recognized in the accompanying 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 September 30, 2023 and June 30, 2023: Fair Value Measurements Using Fair Value Quoted (Level 1) Significant (Level 2) Significant (Level 3) September 30, 2023: Available-for-sale U.S. Treasury $ 430 $ —  $ 430 $ —  U.S. Government and federal agency and Government sponsored enterprises (GSE’s) 6,427 —  6,427 —  Mortgage-backed: GSE residential 166,578 —  166.578 —  Small Business Administration 14,268 —  14,268 —  State and political subdivisions 3,409 —  1,048 2,361 Mortgage servicing rights 1,540 —  —  1,540 Fair Value Measurements Using Fair Value Quoted (Level 1) Significant (Level 2) Significant (Level 3) June 30, 2023: Available-for-sale U.S. Treasury $ 438 $ —  $ 438 $ —  U.S. Government and federal agency and Government sponsored enterprises (GSE’s) 6,477 —  6,477 —  Mortgage-backed: GSE residential 175,726 —  175,726 —  Small Business Administration 15,233 —  15,233 —  State and political subdivisions 3,425 —  1,064 2,361 Mortgage servicing rights 1,482 —  —  1,482
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: Three months ended September 30, 2023 Obligations of Mortgage Total Beginning balance $ 2,361 $ 1,482 $ 3,843 Transfers into Level 3 —  41 41 Transfers out of Level 3 —  (42 ) (42 ) Total realized and unrealized gains and losses included in net income —  59 59 Purchases —  —  —  Sales —  —  —  Settlements —  —  —  Ending balance $ 2,361 $ 1,540 $ 3,901 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 $ —  $ 59 $ 59 Year ended June 30, 2023 Obligations of Mortgage Total Beginning balance $ 2,662 $ 1,463 $ 4,125 Transfers into Level 3 —  89 89 Transfers out of Level 3 —  (171 ) (171 ) Total realized and unrealized gains and losses included in net income —  101 101 Purchases —  —  —  Sales —  —  —  Settlements (301 ) —  (301 ) Ending balance $ 2,361 $ 1,482 $ 3,843 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 $ —  $ 101 $ 101
Quantitative Information about Unobservable Inputs Used in Recurring and Nonrecurring Level 3 Fair Value Measurements	The following tables present quantitative information about unobservable inputs used in recurring and nonrecurring Level 3 fair value measurements at September 30, 2023 and June 30, 2023. Fair Value at Valuation Technique Unobservable Inputs Range (Weighted Average) Mortgage servicing rights $ 1,540 Discounted cash flow Discount rate 9.5% (9.5%) Constant prepayment rate 6.1% - 6.9% (6.6%) Probability of default 0.10% - 0.14% (0.12%) State and political subdivision $ 2,361 Discounted cash flow Maturity/Call Date 1 month – 9 years Weighted average coupon 2.97% - 3.08% (3.03%) Marketability yield adjustment 1.0% - 2.0% (1.6%) Fair Value at Valuation Technique Unobservable Inputs Range (Weighted Average) Mortgage servicing rights $ 1,482 Discounted cash flow Discount rate 9.5% (9.5%) Constant prepayment rate 6.0% - 7.0% (6.9%) Probability of default 0.09% - 0.12% (0.12%) State and political subdivision 2,361 Discounted cash flow Maturity/Call Date 1 month – 9 years Weighted average coupon 2.97% - 3.08% (3.03%) Marketability yield adjustment 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 September 30, 2023 and June 30, 2023. Carrying Fair Value Quoted Prices in (Level 1) Significant (Level 2) Significant (Level 3) September 30, 2023: Financial assets Cash and cash equivalents $ 13,582 $ 13,582 $ —  $ —  Interest-bearing time deposits in banks 1,250 1,250 —  —  Loans, net of allowance for credit losses 614,598 —  —  590,319 Federal Home Loan Bank stock 4,764 —  4,764 —  Accrued interest receivable 3,223 —  3,223 —  Financial liabilities Deposits 687,148 —  390,274 295,909 Repurchase agreements 16,038 —  16,038 —  Federal Home Loan Bank advances 90,500 —  90,407 —  Advances from borrowers for taxes and insurance 779 —  779 —  Accrued interest payable 2,737 —  2,737 —  Unrecognized financial instruments (net of contract amount) —  —  —  —  Commitments to originate loans —  —  —  —  Carrying Fair Value Quoted Prices in Active Assets (Level 1) Significant Significant (Level 3) June 30, 2023: Financial assets Cash and cash equivalents $ 10,988 $ 10,988 $ —  $ —  Interest-bearing time deposits in banks 1,250 1,250 —  —  Loans, net of allowance for credit losses 587,457 —  —  564,432 Federal Home Loan Bank stock 3,127 —  3,127 —  Accrued interest receivable 2,781 —  2,781 —  Financial liabilities Deposits 735,314 —  451,718 282,351 Repurchase agreements 10,787 —  10,787 —  Federal Home Loan Bank advances 19,500 —  19,382 —  Advances from borrowers for taxes and insurance 1,233 —  1,233 —  Accrued interest payable 1,666 —  1,666 —  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 ($)	Sep. 30, 2023	Jun. 30, 2023	Sep. 30, 2022	Jul. 01, 2022	Jun. 30, 2022
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Allowance for loan losses	$ 7,450,000	$ 7,139,000	$ 7,023,000		$ 7,052,000
Off-Balance-Sheet, Credit Loss, Liability	129,000	216,000
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	788,000	794,000	1,090,000		2,025,000
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	71,000	83,000		80,000
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	1,906,000	1,898,000	1,537,000		1,028,000
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	1,115,000	1,121,000	1,284,000		1,375,000
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	134,000	121,000	94,000		70,000
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	$ 1,165,000	$ 765,000	$ 549,000		$ 489,000
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 ($)	Sep. 30, 2023	Jun. 30, 2023	Sep. 30, 2022	Jul. 01, 2022	Jun. 30, 2022
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Retained Earnings (Accumulated Deficit)	$ 43,159,000	$ 43,365,000
Allowance for loan losses	7,450,000	7,139,000	$ 7,023,000		$ 7,052,000
Off-Balance-Sheet, Credit Loss, Liability	$ 129,000	$ 216,000
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		Sep. 30, 2023	Jun. 30, 2023
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Allocated shares		182,231	162,986
Shares committed for release		4,811	19,245
Unearned shares		149,149	153,960
Total ESOP shares		336,191	336,191
Fair value of unearned ESOP shares	[1]	$ 2,221	$ 2,223
[1]Based on closing price of $14.89 and $14.44 per share on September 30, 2023, and June 30, 2023, respectively.

Stock-based Compensation - Su_2

Stock-based Compensation - Summary of ESOP Shares (Parenthetical) (Detail) - $ / shares	Sep. 30, 2023	Jun. 30, 2023
Employee Stock Ownership Plan Esop [Member]
Employee Stock Ownership Plan (ESOP) Disclosures [Line Items]
ESOP, closing price per share	$ 14.89	$ 14.44

Stock-based Compensation - Su_3

Stock-based Compensation - Summary of Stock Option Activity (Detail) $ / shares in Units, $ in Thousands	3 Months Ended
	Sep. 30, 2023 USD ($) $ / shares shares
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Outstanding, June 30, 2023 | shares	90,143
Granted | shares
Exercised | shares
Forfeited | shares
Outstanding, September 30, 2023 | shares	90,143
Exercisable, September 30, 2023 | shares	90,143
Outstanding, June 30, 2023 | $ / shares	$ 16.63
Granted | $ / shares
Exercised | $ / shares
Forfeited | $ / shares
Outstanding, September 30, 2023 | $ / shares	16.63
Exercisable, September 30, 2023 | $ / shares	$ 16.63
Outstanding, September 30, 2023	2 months 12 days
Exercisable, September 30, 2023	2 months 12 days
Outstanding, September 30, 2023 | $	$ 0	[1]
Exercisable, September 30, 2023 | $	$ 0	[1]
[1]Based on closing price of $14.89 per share on September 30, 2023.

Stock-based Compensation - Su_4

Stock-based Compensation - Summary of Stock Option Activity (Parenthetical) (Detail)	Sep. 30, 2023 $ / shares
Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Closing price per share	$ 14.89

Stock-based Compensation - Su_5

Stock-based Compensation - Summary of Non-vested Restricted Stock Activity (Detail) - Restricted Stock [Member]	3 Months Ended
	Sep. 30, 2023 $ / shares shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Beginning balance, Shares | shares	62,314
Granted, Shares | shares
Forfeited, Shares | shares
Earned and issued, Shares | shares	10,600
Ending balance, Shares | shares	51,714
Beginning balance, Weighted-Average Grant-Date Fair Value | $ / shares	$ 18.76
Granted, Weighted-Average Grant-Date Fair Value | $ / shares
Forfeited, Weighted-Average Grant-Date Fair Value | $ / shares
Earned and issued, Weighted-Average Grant-Date Fair Value | $ / shares	19.1
Ending balance, Weighted-Average Grant-Date Fair Value | $ / shares	$ 18.69

Stock-based Compensation - Addi

Stock-based Compensation - Additional Information (Detail) - USD ($)		3 Months Ended		6 Months Ended
	Dec. 10, 2013	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2016	Jun. 30, 2023	Sep. 09, 2022	Dec. 10, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares paid under ESOP		336,191			336,191
Employee Stock Ownership Plan Esop [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Minimum hours of service required		1000 hours
Period of service to qualify for ESOP benefits		12 months
Minimum age of employee to attain the plan		21 years
Shares to be purchased for ESOP, from borrowed funds		384,900
Shares to be purchased for ESOP, percentage of common stock		8%
Repayment of loan on ESOP		20 years
Percentage vested in accrued benefits		100%
Vesting period		6 years
Employee Stock Ownership Plan Esop [Member] | Employee Severance [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares paid under ESOP		0	0
Employee Stock Ownership Plan Esop [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Prorated vesting period		2 years
Employee Stock Ownership Plan Esop [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Prorated vesting period		5 years
Equity Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares authorized		673,575
Equity Incentive Plan [Member] | Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	7 years
Shares authorized	167,000	481,125
Restricted stock available for future grants		52,970
Stock options granted		0
Options vested during the period		0	0
Weighted average recognition period for non-vested restricted stock awards		7 years
Unrecognized compensation expense for non-vested restricted stock awards		$ 0
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		3 years 10 months 24 days
Unrecognized compensation expense for non-vested restricted stock awards		$ 833,000
Stock based compensation expense		90,000	$ 56,000
Tax benefit		$ 26,000	$ 16,000
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
	Sep. 30, 2023	Sep. 30, 2022
Earnings Per Share [Abstract]
Net income	$ 466	$ 1,969
Basic weighted average shares outstanding	3,354,626	3,275,876
Less: Average unallocated ESOP shares	(151,554)	(170,799)
Basic average shares outstanding	3,203,072	3,105,077
Diluted effect of restricted stock awards and stock options	63,681	76,335
Diluted average shares outstanding	3,266,753	3,181,412
Basic earnings per common share	$ 0.15	$ 0.63
Diluted earnings per common share	$ 0.14	$ 0.62

Securities - Amortized Cost and

Securities - Amortized Cost and Approximate Fair Value of Securities, Together with Gross Unrealized Gains and Losses of Securities (Detail) - USD ($) $ in Thousands	Sep. 30, 2023	Jun. 30, 2023
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	$ 228,647	$ 231,672
Gross Unrealized Gains	0	22
Gross Unrealized Losses	(37,535)	(30,395)
Fair Value	191,112	201,299
U.S. Treasury [Member]
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	497	497
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(67)	(59)
Fair Value	430	438
U.S. Government and Federal Agency [Member]
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	6,977	6,976
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(550)	(499)
Fair Value	6,427	6,477
Mortgage-backed: GSE residential [Member]
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	200,573	203,139
Gross Unrealized Gains	0	21
Gross Unrealized Losses	(33,995)	(27,434)
Fair Value	166,578	175,726
Small Business Administration [Member]
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	17,174	17,629
Gross Unrealized Gains	0	1
Gross Unrealized Losses	(2,906)	(2,397)
Fair Value	14,268	15,233
State and political subdivisions [Member]
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	3,426	3,431
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(17)	(6)
Fair Value	$ 3,409	$ 3,425

Securities - Additional Informa

Securities - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Jun. 30, 2023
Debt Securities, Available-for-sale [Line Items]
Mortgage-backed securities with a book value	$ 228,647		$ 231,672
Fair Value	$ 191,112		201,299
Percentage of equity securities	10%
Repurchase agreements	$ 16,038		10,787
Gross gains from sales of available for sale securities	0	$ 0
Gross losses from sales of available for sale securities	0	$ 0
Investments in debt and marketable equity securities	$ 188,750		$ 194,818
Temporarily impaired debt securities percentage of investment securities portfolio	99%		97%
Asset Pledged as Collateral with Right [Member]
Debt Securities, Available-for-sale [Line Items]
Carrying value of securities pledged as collateral	$ 94,334		$ 138,022
Maturity Overnight [Member]
Debt Securities, Available-for-sale [Line Items]
Repurchase agreements	16,000
U.S. Government and federal agency securities [Member]
Debt Securities, Available-for-sale [Line Items]
Mortgage-backed securities with a book value	6,977		6,976
Fair Value	6,427		6,477
Investments in debt and marketable equity securities	6,427		6,477
Mortgage-backed securities – GSE residential [Member]
Debt Securities, Available-for-sale [Line Items]
Mortgage-backed securities with a book value	200,573		203,139
Fair Value	166,578		175,726
Investments in debt and marketable equity securities	166,578		172,930
Small Business Administration [Member]
Debt Securities, Available-for-sale [Line Items]
Mortgage-backed securities with a book value	17,174		17,629
Fair Value	14,268		15,233
Investments in debt and marketable equity securities	14,268		13,910
Debt Securities [Member]
Debt Securities, Available-for-sale [Line Items]
Investments in debt and marketable equity securities	$ 188,750		$ 194,818

Securities - Amortized Cost a_2

Securities - Amortized Cost and Fair Value of Available-for-Sale Securities by Contractual Maturity (Detail) - USD ($) $ in Thousands	Sep. 30, 2023	Jun. 30, 2023
Debt Securities, Available-for-sale [Line Items]
Within one year, Amortized Cost	$ 0
One to five years, Amortized Cost	5,852
Five to ten years, Amortized Cost	10,850
After ten years, Amortized Cost	11,372
Amortized Cost	28,074
Amortized Cost	228,647	$ 231,672
Within one year, Fair Value	0
One to five years, Fair Value	5,533
Five to ten years, Fair Value	9,659
After ten years, Fair Value	9,342
Fair Value	24,534
Fair Value	191,112	201,299
Mortgage-backed securities – GSE residential [Member]
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	200,573	203,139
Fair Value	$ 166,578	$ 175,726

Securities - Association's Inve

Securities - Association's Investments Gross Unrealized Investment Losses and Fair Value of Association's Investments with Unrealized Losses (Detail) - USD ($) $ in Thousands	Sep. 30, 2023	Jun. 30, 2023
Less than 12 Months, Fair Value	$ 13,575	$ 16,728
Less than 12 Months, Unrealized Losses	(493)	(506)
12 Months or More, Fair Value	175,175	178,090
12 Months or More, Unrealized Losses	(37,042)	(29,889)
Total, Fair Value	188,750	194,818
Total, Unrealized Losses	(37,535)	(30,395)
U.S. Treasury [Member]
Less than 12 Months, Fair Value	0	0
Less than 12 Months, Unrealized Losses	0	0
12 Months or More, Fair Value	430	438
12 Months or More, Unrealized Losses	(67)	(59)
Total, Fair Value	430	438
Total, Unrealized Losses	(67)	(59)
U.S. Government and federal agency [Member]
Less than 12 Months, Fair Value	0	0
Less than 12 Months, Unrealized Losses	0	0
12 Months or More, Fair Value	6,427	6,477
12 Months or More, Unrealized Losses	(550)	(499)
Total, Fair Value	6,427	6,477
Total, Unrealized Losses	(550)	(499)
Mortgage-backed: GSE residential [Member]
Less than 12 Months, Fair Value	12,377	14,517
Less than 12 Months, Unrealized Losses	(441)	(440)
12 Months or More, Fair Value	154,201	158,413
12 Months or More, Unrealized Losses	(33,554)	(26,994)
Total, Fair Value	166,578	172,930
Total, Unrealized Losses	(33,995)	(27,434)
Small Business Administration [Member]
Less than 12 Months, Fair Value	1,198	1,148
Less than 12 Months, Unrealized Losses	(52)	(60)
12 Months or More, Fair Value	13,070	12,762
12 Months or More, Unrealized Losses	(2,854)	(2,337)
Total, Fair Value	14,268	13,910
Total, Unrealized Losses	(2,906)	(2,397)
State and political subdivisions [Member]
Less than 12 Months, Fair Value	0	1,063
Less than 12 Months, Unrealized Losses	0	(6)
12 Months or More, Fair Value	1,047	0
12 Months or More, Unrealized Losses	(17)	0
Total, Fair Value	1,047	1,063
Total, Unrealized Losses	$ (17)	$ (6)

Loans and Allowance for Credi_3

Loans and Allowance for Credit Losses - Categories of Loans (Detail) - USD ($) $ in Thousands	Sep. 30, 2023	Jun. 30, 2023	Sep. 30, 2022	Jun. 30, 2022
Real estate loans
Total loans	$ 621,771	$ 594,324	$ 550,905
Unearned fees and discounts, net	(277)	(272)
Allowance for credit losses	7,450	7,139	7,023	$ 7,052
Loans, net	614,598	587,457
One- to four-family [Member]
Real estate loans
Total loans	170,154	163,854	142,417
Allowance for credit losses	1,906	1,898	1,537	1,028
Multi-family [Member]
Real estate loans
Total loans	89,177	89,649	98,778
Allowance for credit losses	1,115	1,121	1,284	1,375
Home equity lines of credit [Member]
Real estate loans
Total loans	8,511	8,066	6,778
Allowance for credit losses	134	121	94	70
Construction [Member]
Real estate loans
Total loans	72,810	50,973	34,314
Allowance for credit losses	1,165	765	549	489
Commercial [Member]
Real estate loans
Total loans	193,582	193,707	181,934
Allowance for credit losses	2,265	2,369	2,386	1,985
Commercial [Member]
Real estate loans
Total loans	79,194	79,693	77,103
Allowance for credit losses	788	794	1,090	2,025
Consumer [Member]
Real estate loans
Total loans	8,343	8,382	9,581
Allowance for credit losses	$ 77	$ 71	$ 83	$ 80

Loans and Allowance for Credi_4

Loans and Allowance for Credit Losses - Additional Information (Detail)	3 Months Ended	12 Months Ended
	Sep. 30, 2023 USD ($) SecurityLoan	Jun. 30, 2023 USD ($) SecurityLoan
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
Foreclosed residential real estate properties	$ 31,000	$ 31,000
Fair Value, Concentration of Risk, Collateral Policy [Member]
Loans and Allowance for Credit Losses [Line Items]
Commercial and multi-family real estate	$ 343,987,000	328,721,000
Troubled Debt Restructurings [Member]
Loans and Allowance for Credit Losses [Line Items]
Minimum period for default	90 days
Residential Real Estate [Member]
Loans and Allowance for Credit Losses [Line Items]
Foreclosed residential real estate properties	$ 24,000
One- to four-family [Member]
Loans and Allowance for Credit Losses [Line Items]
Loans held for sale	$ 51,000	0
Maximum term of fixed-rate one- to four-family residential mortgage loans	15 years
Purchased Loans and Loan Participations [Member]
Loans and Allowance for Credit Losses [Line Items]
Approximate amount of purchase loans included in loans receivable	$ 629,000	652,000
Approximate amount of loans included on out-of-area participation	46,861,000	46,073,000
Amount within 100 miles of primary area	$ 29,821,000	$ 28,951,000

Loans and Allowance for Credi_5

Loans and Allowance for Credit Losses - Allowance for Credit Losses (Detail) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Jun. 30, 2023
Allowance for loan losses:
Balance, beginning of year	$ 7,139	$ 7,052	$ 7,052
Impact of adopting ASU 2016-13		47	47
Provision charged to expense	310	(67)	52
Losses charged off	(7)	(16)	(51)
Recoveries	8	7	39
Balance, end of period	7,450	7,023	7,139
Loans:
Ending balance	621,771	550,905	594,324
One- to four-family [Member]
Allowance for loan losses:
Balance, beginning of year	1,898	1,028	1,028
Impact of adopting ASU 2016-13		382	382
Provision charged to expense	8	126	487
Losses charged off	0	0	0
Recoveries	0	1	1
Balance, end of period	1,906	1,537	1,898
Loans:
Ending balance	170,154	142,417	163,854
Multi-family [Member]
Allowance for loan losses:
Balance, beginning of year	1,121	1,375	1,375
Impact of adopting ASU 2016-13		(140)	(140)
Provision charged to expense	(6)	49	(114)
Losses charged off	0	0	0
Recoveries	0	0	0
Balance, end of period	1,115	1,284	1,121
Loans:
Ending balance	89,177	98,778	89,649
Home equity lines of credit [Member]
Allowance for loan losses:
Balance, beginning of year	121	70	70
Impact of adopting ASU 2016-13		33	33
Provision charged to expense	13	(9)	18
Losses charged off	0	0	0
Recoveries	0	0	0
Balance, end of period	134	94	121
Loans:
Ending balance	8,511	6,778	8,066
Construction [Member]
Allowance for loan losses:
Balance, beginning of year	765	489	489
Impact of adopting ASU 2016-13		192	192
Provision charged to expense	400	(132)	84
Losses charged off	0	0	0
Recoveries	0	0	0
Balance, end of period	1,165	549	765
Loans:
Ending balance	72,810	34,314	50,973
Commercial [Member]
Allowance for loan losses:
Balance, beginning of year	2,369	1,985	1,985
Impact of adopting ASU 2016-13		385	385
Provision charged to expense	(104)	16	(1)
Losses charged off	0	0	0
Recoveries	0	0	0
Balance, end of period	2,265	2,386	2,369
Loans:
Ending balance	193,582	181,934	193,707
Commercial [Member]
Allowance for loan losses:
Balance, beginning of year	794	2,025	2,025
Impact of adopting ASU 2016-13		(818)	(818)
Provision charged to expense	(12)	(117)	(422)
Losses charged off	0	(4)	(14)
Recoveries	6	4	23
Balance, end of period	788	1,090	794
Loans:
Ending balance	79,194	77,103	79,693
Consumer [Member]
Allowance for loan losses:
Balance, beginning of year	71	80	80
Impact of adopting ASU 2016-13		13	13
Provision charged to expense	11	0	0
Losses charged off	(7)	(12)	(37)
Recoveries	2	2	15
Balance, end of period	77	83	71
Loans:
Ending balance	$ 8,343	$ 9,581	$ 8,382

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	Sep. 30, 2023	Jun. 30, 2023
Financing Receivable, Recorded Investment [Line Items]
2023	$ 97,323	$ 56,417
2022	206,439	212,517
2021	100,761	99,138
2020	83,289	86,618
2019	28,188	29,700
Prior Years	105,771	109,934
Total loans	621,771	594,324
Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
2023	97,309	53,624
2022	206,378	212,452
2021	100,490	98,869
2020	81,030	84,506
2019	27,592	29,096
Prior Years	105,768	109,593
Total loans	618,567	588,140
Watch [Member]
Financing Receivable, Recorded Investment [Line Items]
2021	85
Prior Years		335
Total loans	85	335
Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
2023	14	2,793
2022	61	65
2021	186	269
2020	2,259	2,112
2019	596	604
Prior Years	3	6
Total loans	3,119	5,849
One- to four-family [Member]
Financing Receivable, Recorded Investment [Line Items]
2023	35,453	22,046
2022	54,463	56,060
2021	26,970	27,937
2020	16,205	18,529
2019	5,754	6,218
Prior Years	31,309	33,064
Total loans	170,154	163,854
One- to four-family [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
2023	35,439	22,032
2022	54,457	56,054
2021	26,855	27,843
2020	16,205	18,468
2019	5,535	5,996
Prior Years	31,309	32,729
Total loans	169,800	163,122
One- to four-family [Member] | Watch [Member]
Financing Receivable, Recorded Investment [Line Items]
2021	85
Prior Years		335
Total loans	85	335
One- to four-family [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
2023	14	14
2022	6	6
2021	30	94
2020		61
2019	219	222
Total loans	269	397
Multi-family [Member]
Financing Receivable, Recorded Investment [Line Items]
2023	3,477	674
2022	35,415	37,826
2021	10,573	10,647
2020	14,150	14,399
2019	8,749	8,831
Prior Years	16,813	17,272
Total loans	89,177	89,649
Multi-family [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
2023	3,477	674
2022	35,415	37,826
2021	10,573	10,647
2020	14,150	14,399
2019	8,508	8,587
Prior Years	16,813	17,272
Total loans	88,936	89,405
Multi-family [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
2019	241	244
Total loans	241	244
Home equity lines of credit [Member]
Financing Receivable, Recorded Investment [Line Items]
2023	1,804	982
2022	1,879	2,554
2021	1,535	1,301
2020	1,078	1,035
2019	785	789
Prior Years	1,430	1,405
Total loans	8,511	8,066
Home equity lines of credit [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
2023	1,804	982
2022	1,879	2,554
2021	1,535	1,301
2020	1,078	1,035
2019	785	789
Prior Years	1,430	1,405
Total loans	8,511	8,066
Construction [Member]
Financing Receivable, Recorded Investment [Line Items]
2023	15,659	2,882
2022	32,101	29,188
2021	16,152	10,432
2020	8,898	8,471
Total loans	72,810	50,973
Construction [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
2023	15,659	2,882
2022	32,101	29,188
2021	16,152	10,432
2020	8,898	8,471
Total loans	72,810	50,973
Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
2023	18,049	12,214
2022	60,728	63,645
2021	28,548	29,320
2020	32,432	33,364
2019	5,654	5,925
Prior Years	48,171	49,239
Total loans	193,582	193,707
Commercial [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
2023	18,049	12,214
2022	60,728	63,645
2021	28,548	29,320
2020	31,581	32,502
2019	5,574	5,844
Prior Years	48,171	49,239
Total loans	192,651	192,764
Commercial [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
2020	851	862
2019	80	81
Total loans	931	943
Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
2023	19,603	15,228
2022	19,060	20,063
2021	15,627	17,847
2020	9,829	9,986
2019	7,092	7,726
Prior Years	7,983	8,843
Total loans	79,194	79,693
Commercial [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
2023	19,603	12,449
2022	19,005	20,004
2021	15,471	17,673
2020	8,421	8,797
2019	7,036	7,669
Prior Years	7,982	8,841
Total loans	77,518	75,433
Commercial [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
2023		2,779
2022	55	59
2021	156	174
2020	1,408	1,189
2019	56	57
Prior Years	1	2
Total loans	1,676	4,260
Consumer [Member]
Financing Receivable, Recorded Investment [Line Items]
2023	3,278	2,391
2022	2,793	3,181
2021	1,356	1,654
2020	697	834
2019	154	211
Prior Years	65	111
Total loans	8,343	8,382
Consumer [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
2023	3,278	2,391
2022	2,793	3,181
2021	1,356	1,653
2020	697	834
2019	154	211
Prior Years	63	107
Total loans	8,341	8,377
Consumer [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
2021		1
Prior Years	2	4
Total loans	$ 2	$ 5

Loans and Allowance for Credi_7

Loans and Allowance for Credit Losses - Association's Loan Portfolio Aging Analysis (Detail) - USD ($) $ in Thousands	Sep. 30, 2023	Jun. 30, 2023	Sep. 30, 2022
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	$ 3,154	$ 981
Current	618,617	593,343
Total loans	621,771	594,324	$ 550,905
Total Loans 90 Days Past Due & Accruing	25
Commercial [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	659	153
Current	192,923	193,554
Total loans	193,582	193,707	181,934
Commercial [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	671	114
Current	78,523	79,579
Total loans	79,194	79,693	77,103
Consumer [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	28	55
Current	8,315	8,327
Total loans	8,343	8,382	9,581
One- to four-family [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	1,653	639
Current	168,501	163,215
Total loans	170,154	163,854	142,417
Total Loans 90 Days Past Due & Accruing	25
Multi-family [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	124
Current	89,053	89,649
Total loans	89,177	89,649	98,778
Home equity lines of credit [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	19	20
Current	8,492	8,046
Total loans	8,511	8,066	6,778
Construction [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Current	72,810	50,973
Total loans	72,810	50,973	$ 34,314
Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	2,294	779
Financing Receivables, 30 to 59 Days Past Due [Member] | Commercial [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	404	153
Financing Receivables, 30 to 59 Days Past Due [Member] | Commercial [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	531	56
Financing Receivables, 30 to 59 Days Past Due [Member] | Consumer [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	25	47
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	1,210	523
Financing Receivables, 30 to 59 Days Past Due [Member] | Multi-family [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	124
Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	780	142
Financing Receivables, 60 to 89 Days Past Due [Member] | Commercial [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	255
Financing Receivables, 60 to 89 Days Past Due [Member] | Commercial [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	85
Financing Receivables, 60 to 89 Days Past Due [Member] | Consumer [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	3	6
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	418	116
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	19	20
Financing Receivables, 90 Days or Greater [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	80	60
Financing Receivables, 90 Days or Greater [Member] | Commercial [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	55	58
Financing Receivables, 90 Days or Greater [Member] | Consumer [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due		$ 2
Financing Receivables, 90 Days or Greater [Member] | One- to four-family [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	$ 25

Loans and Allowance for Credi_8

Loans and Allowance for Credit Losses - Nonaccrual with no Allowance for Credit Losses and Nonaccrual Loans (Detail) - USD ($) $ in Thousands	Sep. 30, 2023	Jun. 30, 2023
Mortgages on real estate:
Nonaccrual with no Allowance for Credit Losses	$ 0	$ 0
Nonaccrual	111	117
One- to four-family [Member]
Mortgages on real estate:
Nonaccrual with no Allowance for Credit Losses	0	0
Nonaccrual	0	0
Multi-family [Member]
Mortgages on real estate:
Nonaccrual with no Allowance for Credit Losses	0	0
Nonaccrual	0	0
Home equity lines of credit [Member]
Mortgages on real estate:
Nonaccrual with no Allowance for Credit Losses	0	0
Nonaccrual	0	0
Construction loans [Member]
Mortgages on real estate:
Nonaccrual with no Allowance for Credit Losses	0	0
Nonaccrual	0	0
Consumer loans [Member]
Mortgages on real estate:
Nonaccrual with no Allowance for Credit Losses	0	0
Nonaccrual	0	2
Commercial [Member]
Mortgages on real estate:
Nonaccrual with no Allowance for Credit Losses	0	0
Nonaccrual	0	0
Commercial business loans [Member]
Mortgages on real estate:
Nonaccrual with no Allowance for Credit Losses	0	0
Nonaccrual	$ 111	$ 115

Loans and Allowance for Credi_9

Loans and Allowance for Credit Losses - Loans Modified as Troubled Debt Restructurings (Detail) $ in Thousands	Jun. 30, 2023 USD ($)
Real estate loans
Total	$ 215
One- to four-family [Member]
Real estate loans
Total	189
Multi-family [Member]
Real estate loans
Total	0
Home equity lines of credit [Member]
Real estate loans
Total	0
Real estate loan [Member]
Real estate loans
Total	189
Construction loans [Member]
Real estate loans
Total	0
Commercial [Member]
Real estate loans
Total	0
Commercial business loans [Member]
Real estate loans
Total	26
Consumer loans [Member]
Real estate loans
Total	$ 0

Federal Home Loan Bank Stock -

Federal Home Loan Bank Stock - Additional Information (Detail) - USD ($) $ in Thousands	Sep. 30, 2023	Jun. 30, 2023
Federal Home Loan Banks [Abstract]
Federal Home Loan Bank stock	$ 4,764	$ 3,127

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income (Loss) - Components of Accumulated Other Comprehensive Income (Loss) (Detail) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Accumulated Other Comprehensive Income [Line Items]
Beginning balance	$ (21,648)	$ (17,346)
Other comprehensive (loss) income before reclassification	(5,121)	(5,688)
Net current period other comprehensive (loss) income	2	(1)
Ending balance	(26,767)	(23,035)
Unrealized Gains and Losses on Available-for- Sale Securities [Member]
Accumulated Other Comprehensive Income [Line Items]
Beginning balance	(21,715)	(17,263)
Other comprehensive (loss) income before reclassification	(5,121)	(5,688)
Net current period other comprehensive (loss) income	0	0
Ending balance	(26,836)	(22,951)
Defined Benefit Pension Items [Member]
Accumulated Other Comprehensive Income [Line Items]
Beginning balance	67	(83)
Other comprehensive (loss) income before reclassification	0	0
Net current period other comprehensive (loss) income	2	(1)
Ending balance	$ 69	$ (84)

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
	Sep. 30, 2023	Sep. 30, 2022
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Tax expense	$ 175	$ 740
Net Income	466	1,969
Amounts Reclassified from AOCI [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Total reclassified amount before tax	2	(2)
Tax expense	0	(1)
Net Income	2	(1)
Accumulated Net Realized Investment Gains (Losses) [Member] | Amounts Reclassified from AOCI [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Realized gains on available-for-sale securities	0	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	$ (2)

Income Taxes - Reconciliation o

Income Taxes - Reconciliation of Income Tax Expense at the Statutory Rate (Detail) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Income Taxes Paid, Net [Abstract]
Computed at the statutory rate	$ 135	$ 569
Decrease resulting from
Tax exempt interest	(8)	(6)
Cash surrender value of life insurance	(21)	(20)
State income taxes	46	196
Other	23	1
Actual expense	$ 175	$ 740

Regulatory Capital - Additional

Regulatory Capital - Additional Information (Detail) $ in Billions	Sep. 30, 2023 USD ($)	Mar. 31, 2020
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Tier 1 capital ratio of risk-weighted assets	0.025
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 - Fair Value Measurements of Assets Recognized on Recurring Basis (Detail) - USD ($)	Sep. 30, 2023	Jun. 30, 2023
Available-for-sale securities:
Available-for-sale securities, Fair Value	$ 191,112,000	$ 201,299,000
Mortgage servicing rights	1,540,000	1,482,000
U.S. Treasury [Member]
Available-for-sale securities:
Available-for-sale securities, Fair Value	430,000	438,000
U.S. Government and federal agency and Government sponsored enterprises (GSE's) [Member]
Available-for-sale securities:
Available-for-sale securities, Fair Value	6,427,000	6,477,000
Mortgage-backed: GSE residential [Member]
Available-for-sale securities:
Available-for-sale securities, Fair Value	166,578,000	175,726,000
Small Business Administration [Member]
Available-for-sale securities:
Available-for-sale securities, Fair Value	14,268,000	15,233,000
State and political subdivisions [Member]
Available-for-sale securities:
Available-for-sale securities, Fair Value	3,409,000	3,425,000
Significant Other Observable Inputs (Level 2) [Member] | U.S. Treasury [Member]
Available-for-sale securities:
Available-for-sale securities, Fair Value	430,000	438,000
Significant Other Observable Inputs (Level 2) [Member] | U.S. Government and federal agency and Government sponsored enterprises (GSE's) [Member]
Available-for-sale securities:
Available-for-sale securities, Fair Value	6,427,000	6,477,000
Significant Other Observable Inputs (Level 2) [Member] | Mortgage-backed: GSE residential [Member]
Available-for-sale securities:
Available-for-sale securities, Fair Value	166,578	175,726,000
Significant Other Observable Inputs (Level 2) [Member] | Small Business Administration [Member]
Available-for-sale securities:
Available-for-sale securities, Fair Value	14,268,000	15,233,000
Significant Other Observable Inputs (Level 2) [Member] | State and political subdivisions [Member]
Available-for-sale securities:
Available-for-sale securities, Fair Value	1,048,000	1,064,000
Significant Unobservable Inputs (Level 3) [Member]
Available-for-sale securities:
Mortgage servicing rights	1,540,000	1,482,000
Significant Unobservable Inputs (Level 3) [Member] | State and political subdivisions [Member]
Available-for-sale securities:
Available-for-sale securities, Fair Value	$ 2,361,000	$ 2,361,000

Disclosures About Fair Value _4

Disclosures About Fair Value of Assets - Reconciliation of Beginning and Ending Balances of Recurring Fair Value Measurements Recognized in Accompanying Balance Sheet (Detail) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Sep. 30, 2023	Jun. 30, 2023
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning Balance	$ 3,843	$ 4,125
Transfers into Level 3	41	89
Transfers out of Level 3	(42)	(171)
Total realized and unrealized gains and losses included in net income	59	101
Settlements		(301)
Ending Balance	3,901	3,843
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	59	101
Obligations of State and Political Subdivisions [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning Balance	2,361	2,662
Settlements		(301)
Ending Balance	2,361	2,361
Mortgage Servicing Rights [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning Balance	1,482	1,463
Transfers into Level 3	41	89
Transfers out of Level 3	(42)	(171)
Total realized and unrealized gains and losses included in net income	59	101
Ending Balance	1,540	1,482
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	$ 59	$ 101

Disclosures About Fair Value _5

Disclosures About Fair Value of Assets - Quantitative Information about Unobservable Inputs Used in Recurring and Nonrecurring Level 3 Fair Value Measurements (Detail)	3 Months Ended	12 Months Ended
	Sep. 30, 2023 USD ($) yr mo	Jun. 30, 2023 USD ($) yr mo
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Mortgage servicing rights	$ 1,540,000	$ 1,482,000
State and political subdivision	$ 2,361,000	$ 2,361,000
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	6.1	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	0.09
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	6.9	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	0.12
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	9
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	6.9
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 - Estimated Fair Values of Financial Instruments and Level within Fair Value Hierarchy in which Fair Value Measurements Fall (Detail) - USD ($) $ in Thousands	Sep. 30, 2023	Jun. 30, 2023
Financial assets
Cash and cash equivalents	$ 13,582	$ 10,988
Interest-bearing time deposits in banks	1,250	1,250
Loans, net of allowance for loan losses	614,598	587,457
Federal Home Loan Bank stock	4,764	3,127
Accrued interest receivable	3,223	2,781
Financial liabilities
Deposits	687,148	735,314
Repurchase agreements	16,038	10,787
Federal Home Loan Bank advances	90,500	19,500
Advances from borrowers for taxes and insurance	779	1,233
Accrued interest payable	2,737	1,666
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	13,582	10,988
Interest-bearing time deposits in banks	1,250	1,250
Unrecognized financial instruments (net of contract amount)
Commitments to originate loans	0	0
Significant Other Observable Inputs (Level 2) [Member]
Financial assets
Federal Home Loan Bank stock	4,764	3,127
Accrued interest receivable	3,223	2,781
Financial liabilities
Deposits	390,274	451,718
Repurchase agreements	16,038	10,787
Federal Home Loan Bank advances	90,407	19,382
Advances from borrowers for taxes and insurance	779	1,233
Accrued interest payable	2,737	1,666
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	590,319	564,432
Financial liabilities
Deposits	295,909	282,351
Unrecognized financial instruments (net of contract amount)
Commitments to originate loans	$ 0	$ 0

Commitments - Additional Inform

Commitments - Additional Information (Detail) - USD ($)	3 Months Ended
	Sep. 30, 2023	Jun. 30, 2023
Commitments And Contingencies Disclosure [Line Items]
Off-Balance-Sheet, Credit loss, Liability	$ 129,000	$ 216,000
Off-Balance-Sheet, Credit Loss,Credit Loss Expense	$ (88,000)