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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2014
Jun. 30, 2013
ASSETS    
Cash on hand and noninterest-bearing deposits in financial institutions $ 9,926 $ 6,922
Federal funds sold and interest-bearing deposits in financial institutions 3,062 2,434
Total cash and cash equivalents 12,988 9,356
Certificates of deposit in other financial institutions 2,948 4,175
Securities, available-for-sale 124,476 97,229
Securities, held-to-maturity (fair value of $2,957 at March 31, 2014 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 511 93
Total loans 217,933 217,040
Less allowance for loan losses (2,337) (2,496)
Net loans 215,596 214,544
Cash surrender value of life insurance 5,924 5,789
Premises and equipment, net 6,668 5,708
Accrued interest receivable and other assets 2,456 2,409
Total assets 375,753 343,489
Deposits    
Non-interest bearing demand 70,561 71,148
Interest bearing demand 40,368 37,529
Savings 125,890 106,221
Time 72,837 79,209
Total deposits 309,656 294,107
Short-term borrowings 18,441 12,490
Federal Home Loan Bank advances 6,311 6,366
Accrued interest and other liabilities 2,452 2,383
Total liabilities 336,860 315,346
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 March 31, 2014 and June 30, 2013, respectively) 14,630 5,393
Retained earnings 25,486 24,416
Treasury stock, at cost (129,855 common shares as of March 31, 2014 and June 30, 2013, respectively) (1,650) (1,650)
Accumulated other comprehensive income (loss) 427 (16)
Total shareholders' equity 38,893 28,143
Total liabilities and shareholders' equity $ 375,753 $ 343,489