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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2013
Jun. 30, 2013
ASSETS    
Cash on hand and noninterest-bearing deposits in financial institutions $ 6,855 $ 6,922
Federal funds sold and interest-bearing deposits in financial institutions 2,252 2,434
Total cash and cash equivalents 9,107 9,356
Certificates of deposit in other financial institutions 1,728 4,175
Securities, available-for-sale 116,534 97,229
Securities, held-to-maturity (fair value of $2,924 at December 31, 2013 and $2,926 at June 30, 2013) 3,000 3,000
Federal bank and other restricted stocks, at cost 1,186 1,186
Loans held for sale 0 93
Total loans 219,814 217,040
Less allowance for loan losses (2,487) (2,496)
Net loans 217,327 214,544
Cash surrender value of life insurance 5,880 5,789
Premises and equipment, net 6,304 5,708
Other real estate owned 709 0
Accrued interest receivable and other assets 2,404 2,409
Total assets 364,179 343,489
Deposits    
Non-interest bearing demand 72,925 71,148
Interest bearing demand 38,671 37,529
Savings 114,958 106,221
Time 73,038 79,209
Total deposits 299,592 294,107
Short-term borrowings 15,457 12,490
Federal Home Loan Bank advances 8,830 6,366
Accrued interest and other liabilities 2,414 2,383
Total liabilities 326,293 315,346
Commitments and contingent liabilities 0 0
SHAREHOLDERS' EQUITY    
Preferred stock (no par value, 350,000 shares authorized, none outstanding) 0 0
Common stock (no par value, 3,500,000 shares authorized; 2,854,133 and 2,198,465 shares issued as of December 31, 2013 and June 30, 2013, respectively) 14,630 5,393
Retained earnings 25,136 24,416
Treasury stock, at cost (129,855 common shares as of December 31, 2013 and June 30, 2013, respectively) (1,650) (1,650)
Accumulated other comprehensive loss (230) (16)
Total shareholders' equity 37,886 28,143
Total liabilities and shareholders' equity $ 364,179 $ 343,489