Holding Company Condensed Financial Information (Tables)

12 Months Ended

Jun. 30, 2013

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Condensed Statements of Financial Condition

Condensed Statements of Financial Condition

	June 30,
(In Thousands)	2013		2012
Assets
Cash and cash equivalents	$	532	$	1,968
Investment in subsidiary	159,622		142,758
Other assets	59		89
	$	160,213	$	144,815
Liabilities and Stockholders’ Equity
Other liabilities	$	239	$	38
Stockholders’ equity	159,974		144,777
	$	160,213	$	144,815

Condensed Statements of Operations

Condensed Statements of Operations

	Year Ended June 30,
(In Thousands)	2013			2012			2011
Interest and other income	$	9		$	13		$	29
General and administrative expenses	791			750			799
Loss before equity in net earnings of the subsidiary	(782		)	(737		)	(770		)
Equity in net earnings of the subsidiary	26,250			11,237			13,666
Income before income tax benefit	25,468			10,500			12,896
Income tax benefit	(329		)	(310		)	(324		)
Net income	$	25,797		$	10,810		$	13,220

Condensed Statements of Comprehensive Income

Condensed Statements of Comprehensive Income

	Year Ended June 30,
(In Thousands)	2013		2012		2011
Net income	$	25,797	$	10,810	$	13,220
Other comprehensive income	—		—		—
Total comprehensive income	$	25,797	$	10,810	$	13,220

Condensed Statements of Cash Flows

Condensed Statements of Cash Flows

	Year Ended June 30,
(In Thousands)	2013			2012			2011
Cash flows from operating activities:
Net income	$	25,797		$	10,810		$	13,220
Adjustments to reconcile net income to net cash used for operating activities:
Equity in net earnings of the subsidiary	(26,250		)	(11,237		)	(13,666		)
Decrease (increase) in other assets	20			(49		)	311
(Decrease) increase  in other liabilities	201			(6		)	7
Net cash used for operating activities	(232		)	(482		)	(128		)
Cash flow from investing activities:
Cash dividend received from the Bank	10,000			8,000			—
Net cash provided by investing activities	10,000			8,000			—
Cash flow from financing activities:
ESOP loan payment	—			—			2
Exercise of stock options	296			72			—
Treasury stock purchases	(8,959		)	(6,693		)	—
Cash dividends	(2,541		)	(1,572		)	(456		)
Net cash used for financing activities	(11,204		)	(8,193		)	(454		)
Net decrease in cash and cash equivalents	(1,436		)	(675		)	(582		)
Cash and cash equivalents at beginning of year	1,968			2,643			3,225
Cash and cash equivalents at end of year	$	532		$	1,968		$	2,643