CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2015	Jun. 30, 2014
ASSETS:
Cash on hand and noninterest-bearing deposits in financial institutions	$ 8,028	$ 9,049
Federal funds sold and interest-bearing deposits in financial institutions	2,516	2,076
Total cash and cash equivalents	10,544	11,125
Certificate of deposits in financial institutions	4,470	2,703
Securities, available-for-sale	137,144	126,393
Securities, held-to-maturity (fair value 2015 $3,722, 2014 $3,040)	3,655	3,000
Federal bank and other restricted stocks, at cost	1,396	1,396
Loans held for sale	462	559
Total loans	228,519	224,966
Less allowance for loan losses	(2,432)	(2,405)
Net loans	226,087	222,561
Cash surrender value of life insurance	6,626	5,967
Premises and equipment, net	11,605	6,713
Other real estate owned	0	204
Accrued interest receivable and other assets	1,978	1,856
Total assets	403,967	382,477
LIABILITIES:
Non-interest bearing demand	86,651	75,353
Interest bearing demand	45,320	42,718
Savings	134,664	125,151
Time	66,361	70,675
Total deposits	332,996	313,897
Short-term borrowings	19,838	19,489
Federal Home Loan Bank advances	6,240	6,296
Accrued interest payable and other liabilities	3,427	2,592
Total liabilities	$ 362,501	$ 342,274
Commitments and contingent liabilities (Note 11)
SHAREHOLDERS’ EQUITY:
Preferred stock, no par value; 350,000 shares authorized	$ 0	$ 0
Common shares, no par value; 3,500,000 shares authorized; 2,854,133 shares issued as of June 30, 2015 and 2014	14,630	14,630
Retained earnings	27,589	25,940
Treasury stock, at cost (130,064 and 129,875 common shares at June 30, 2015 and 2014, respectively)	(1,652)	(1,650)
Accumulated other comprehensive income	899	1,283
Total shareholders’ equity	41,466	40,203
Total liabilities and shareholders’ equity	$ 403,967	$ 382,477