Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2017	Jun. 30, 2016
ASSETS:
Cash on hand and noninterest-bearing deposits in financial institutions	$ 9,439	$ 8,164
Federal funds sold and interest-bearing deposits in financial institutions	473	2,017
Total cash and cash equivalents	9,912	10,181
Certificate of deposits in financial institutions	3,921	5,906
Securities, available-for-sale	142,086	133,369
Securities, held-to-maturity (fair value 2017 $4,329 and 2016 $3,619)	4,259	3,494
Federal bank and other restricted stocks, at cost	1,425	1,396
Loans held for sale	1,252	1,048
Total loans	272,867	256,278
Less allowance for loan losses	(3,086)	(3,566)
Net loans	269,781	252,712
Cash surrender value of life insurance	9,065	6,819
Premises and equipment, net	13,398	13,585
Other real estate owned	71
Accrued interest receivable and other assets	2,713	1,880
Total assets	457,883	430,390
LIABILITIES:
Non-interest bearing demand	102,683	98,224
Interest bearing demand	54,123	48,810
Savings	151,154	134,606
Time	66,511	65,008
Total deposits	374,471	346,648
Short-term borrowings	23,986	19,129
Federal Home Loan Bank advances	12,320	17,281
Accrued interest payable and other liabilities	3,571	3,539
Total liabilities	414,348	386,597
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, 2017 and 2016	14,630	14,630
Retained earnings	30,122	28,432
Treasury stock, at cost (130,606 and 130,375 common shares at June 30, 2017 and 2016, respectively)	(1,662)	(1,658)
Accumulated other comprehensive income	445	2,389
Total shareholders’ equity	43,535	43,793
Total liabilities and shareholders’ equity	$ 457,883	$ 430,390