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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2017
Jun. 30, 2017
Jun. 30, 2016
ASSETS:              
Cash on hand and noninterest-bearing deposits in financial institutions $ 8,147   $ 7,615     $ 9,439  
Federal funds sold and interest-bearing deposits in financial institutions 205   157     473  
Total cash and cash equivalents 8,352   7,772     9,912  
Certificate of deposits in financial institutions 1,983   2,973     3,921  
Securities, available-for-sale 141,652   144,028     142,086  
Securities, held-to-maturity (fair value of $3,861 at March 31, 2019 and $4,048 at June 30, 2018) 3,824   4,024     4,259  
Federal bank and other restricted stocks, at cost 1,459   1,459     1,425  
Loans held for sale 844   1,448     1,252  
Total loans 347,462   318,509     272,867  
Less allowance for loan losses (3,656) $ (3,569) (3,422) $ (3,323) $ (3,225) (3,086) $ (3,566)
Net loans 343,806   315,087     269,781  
Cash surrender value of life insurance 9,538   9,335     9,065  
Premises and equipment, net 14,260   13,315     13,398  
Accrued interest receivable and other assets 2,715   3,178     2,784  
Total assets 528,433   502,619     457,883  
LIABILITIES:              
Noninterest-bearing demand 116,673   107,919     102,683  
Interest bearing demand 79,773   81,299     54,123  
Savings 160,713   162,204     151,154  
Time 102,130   78,541     66,511  
Total deposits 459,289   429,963     374,471  
Short-term borrowings 4,025   13,367     23,986  
Federal Home Loan Bank advances 12,106   11,756     12,320  
Accrued interest payable and other liabilities 3,902   3,772     3,571  
Total liabilities 479,322   458,858     414,348  
Commitments and contingent liabilities (Note 12)        
SHAREHOLDERS’ EQUITY:              
Preferred stock (no par value, 350,000 shares authorized, none outstanding) 0   0     0  
Common stock (no par value, 3,500,000 shares authorized; 2,854,133 shares issued as of March 31, 2019 and June 30, 2018) 14,628   14,630     14,630  
Retained earnings 35,834   32,342     30,122  
Treasury stock, at cost (120,288 and 124,489 common shares as of March 31, 2019 and June 30, 2018, respectively) (1,515)   (1,576)     (1,662)  
Accumulated other comprehensive income (loss) 164 (1,371) (1,635) (1,348) 87 445 2,389
Total shareholders’ equity 49,111 $ 46,896 43,761 $ 43,307 $ 44,171 43,535 $ 43,793
Total liabilities and shareholders’ equity $ 528,433   $ 502,619     $ 457,883