Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2018	Jun. 30, 2017
ASSETS:
Cash on hand and noninterest-bearing deposits in financial institutions	$ 7,615	$ 9,439
Federal funds sold and interest-bearing deposits in financial institutions	157	473
Total cash and cash equivalents	7,772	9,912
Certificate of deposits in financial institutions	2,973	3,921
Securities, available-for-sale	144,028	142,086
Securities, held-to-maturity (fair value 2018 $4,048 and 2017 $4,329)	4,024	4,259
Federal bank and other restricted stocks, at cost	1,459	1,425
Loans held for sale	1,448	1,252
Total loans	318,509	272,867
Less allowance for loan losses	(3,422)	(3,086)
Net loans	315,087	269,781
Cash surrender value of life insurance	9,335	9,065
Premises and equipment, net	13,315	13,398
Accrued interest receivable and other assets	3,178	2,784
Total assets	502,619	457,883
LIABILITIES:
Noninterest-bearing demand	107,919	102,683
Interest bearing demand	81,299	54,123
Savings	162,204	151,154
Time	78,541	66,511
Total deposits	429,963	374,471
Short-term borrowings	13,367	23,986
Federal Home Loan Bank advances	11,756	12,320
Accrued interest payable and other liabilities	3,772	3,571
Total liabilities	458,858	414,348
Commitments and contingent liabilities (Note 12)
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, 2018 and 2017	14,630	14,630
Retained earnings	32,342	30,122
Treasury stock, at cost (124,489 and 130,606 common shares at June 30, 2018 and 2017, respectively)	(1,576)	(1,662)
Accumulated other comprehensive income (loss)	(1,635)	445
Total shareholders’ equity	43,761	43,535
Total liabilities and shareholders’ equity	$ 502,619	$ 457,883