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Condensed Financial Information - Parent Company Only (Tables)
12 Months Ended
Sep. 30, 2013
Condensed Financial Information of Parent Company Only Disclosure [Abstract]  
Condensed Balance Sheets, Parent Company
Condensed Balance Sheets - September 30, 2013 and 2012
(dollars in thousands)
 
2013

 
2012

Assets
 
 
 
Cash and cash equivalents:
 
 
 
Cash and due from financial institutions
$
126

 
$
509

Interest-bearing deposits in banks
379

 
2,183

      Total cash and cash equivalents
505

 
2,692

 
 
 
 
Loan receivable from ESOP
2,565

 
2,918

Investment in Bank
86,795

 
84,775

Other assets
40

 
26

Total assets
$
89,905

 
$
90,411

 
 
 
 
Liabilities and shareholders’ equity
 

 
 

Accrued expenses
$
217

 
$
92

Shareholders’ equity
89,688

 
90,319

Total liabilities and shareholders’ equity
$
89,905

 
$
90,411

Condensed Statements of Operations, Parent Company

 
2013

 
2012

 
2011

Operating income
 
 
 
 
 
Interest on deposits in banks
$
1

 
$
1

 
$
1

Interest on loan receivable from ESOP
237

 
266

 
291

Total operating income
238

 
267

 
292

 
 
 
 
 
 
Operating expenses
455

 
556

 
541

 
 
 
 
 
 
Loss before income taxes and equity in undistributed
    income of Bank
(217
)
 
(289
)
 
(249
)
Benefit for income taxes
(98
)
 
(98
)
 
(85
)
 
 
 
 
 
 
Loss before equity in undistributed income of Bank
(119
)
 
(191
)
 
(164
)
 
 
 
 
 
 
Equity in undistributed income of Bank
4,876

 
4,781

 
1,253

 
 
 
 
 
 
Net income
4,757

 
4,590

 
1,089

 
 
 
 
 
 
Preferred stock dividends
(710
)
 
(832
)
 
(832
)
Preferred stock accretion
(283
)
 
(240
)
 
(225
)
Discount on redemption of preferred stock
255

 

 

 
 
 
 
 
 
Net income to common shareholders
$
4,019

 
$
3,518

 
$
32

Condensed Statements of Cash Flows, Parent Company
Condensed Statements of Cash Flows - Years Ended September 30, 2013, 2012 and 2011
(dollars in thousands)
 
2013

 
2012

 
2011

Cash flows from operating activities
 
 
 
 
 
Net income
$
4,757

 
$
4,590

 
$
1,089

  Adjustments to reconcile net income to
    net cash provided by operating activities:
 

 
 

 
 

      Equity in undistributed income of
       Bank
(4,876
)
 
(4,781
)
 
(1,253
)
ESOP shares earned
265

 
264

 
264

MRDP compensation expense
39

 
105

 
171

Stock option compensation expense
49

 
15

 
7

Other, net
(39
)
 
406

 
(160
)
Net cash provided by operating activities
195

 
599

 
118

 
 
 
 
 
 
Cash flows from investing activities
 

 
 

 
 

Investment in Bank
2,956

 
(243
)
 
(288
)
Principal repayments on loan receivable from Bank
353

 
322

 
298

Net cash provided by investing activities
3,309

 
79

 
10

 
 
 
 
 
 
Cash flows from financing activities
 

 
 

 
 

Repurchase of preferred stock
(4,321
)
 

 

Payment of dividends
(1,368
)
 
(2,080
)
 

ESOP tax effect
6

 
(65
)
 
(61
)
MRDP compensation tax effect
(8
)
 
(28
)
 
(37
)
Net cash used in financing activities
(5,691
)
 
(2,173
)
 
(98
)
 
 
 
 
 
 
Net increase (decrease) in cash and cash equivalents
(2,187
)
 
(1,495
)
 
30

 
 
 
 
 
 
Cash and cash equivalents
 

 
 

 
 

Beginning of year
2,692

 
4,187

 
4,157

End of year
$
505

 
$
2,692

 
$
4,187