Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2019	Jun. 30, 2018
ASSETS:
Cash on hand and noninterest-bearing deposits in financial institutions	$ 9,322	$ 7,615
Federal funds sold and interest-bearing deposits in financial institutions	139	157
Total cash and cash equivalents	9,461	7,772
Certificate of deposits in financial institutions	1,983	2,973
Securities, available-for-sale	144,010	144,028
Securities, held-to-maturity (fair value 2019 $3,821 and 2018 $4,048)	3,786	4,024
Federal bank and other restricted stocks, at cost	1,723	1,459
Loans held for sale	1,657	1,448
Total loans	369,175	318,509
Less allowance for loan losses	(3,788)	(3,422)
Net loans	365,387	315,087
Cash surrender value of life insurance	9,606	9,335
Premises and equipment, net	14,155	13,315
Accrued interest receivable and other assets	2,168	3,178
Total assets	553,936	502,619
LIABILITIES:
Noninterest-bearing demand	116,239	107,919
Interest bearing demand	81,469	81,299
Savings	162,261	162,204
Time	112,205	78,541
Total deposits	472,174	429,963
Short-term borrowings	3,686	13,367
Federal Home Loan Bank advances	22,700	11,756
Accrued interest payable and other liabilities	4,210	3,772
Total liabilities	502,770	458,858
Commitments and contingent liabilities (Note 13)
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, 2019 and 2018	14,656	14,630
Retained earnings	36,487	32,342
Treasury stock, at cost (120,288 and 124,489 common shares at June 30, 2019 and 2018, respectively)	(1,543)	(1,576)
Accumulated other comprehensive income (loss)	1,566	(1,635)
Total shareholders’ equity	51,166	43,761
Total liabilities and shareholders’ equity	$ 553,936	$ 502,619