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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Jun. 30, 2015
Jun. 30, 2014
ASSETS    
Total cash and cash equivalents $ 15,538 $ 13,809
Long term certificate of deposit 1,230 250
Securities available-for-sale, at fair value 86,034 56,151
Securities held-to-maturity, at amortized cost (fair value $171,976 at June 30, 2015; $181,932 at June 30, 2014) 169,000 181,946
Federal Home Loan Bank stock, at cost 2,494 1,561
Loans 450,755 405,841
Allowance for loan losses (8,142) (7,419)
Unearned origination fees and costs, net 883 887
Net loans receivable 443,496 399,309
Premises and equipment 14,515 14,307
Accrued interest receivable 3,026 2,710
Foreclosed real estate 847 473
Prepaid expenses and other assets 2,467 3,645
Total assets 738,647 674,161
LIABILITIES AND SHAREHOLDERS' EQUITY    
Noninterest-bearing deposits 73,359 67,446
Interest-bearing deposits 549,358 522,128
Total deposits 622,717 589,574
Borrowings from Federal Home Loan Bank, short-term 22,900 3,150
Borrowings from Federal Home Loan Bank, long-term 18,800 14,500
Accrued expenses and other liabilities 7,310 5,737
Total liabilities 671,727 612,961
SHAREHOLDERS' EQUITY    
Preferred stock, Authorized - 1,000,000 shares; Issued - None 0 0
Common stock, par value $.10 per share; Authorized - 12,000,000 shares; Issued - 4,305,670 shares Outstanding 4,222,357 shares at June 30, 2015, and 4,213,757 shares at June 30, 2014 431 431
Additional paid-in capital 11,220 11,208
Retained earnings 56,696 51,305
Accumulated other comprehensive loss (798) (1,050)
Treasury stock, at cost 83,313 shares at June 30, 2015, and 91,913 shares at June 30, 2014 (629) (694)
Total shareholders' equity 66,920 61,200
Total liabilities and shareholders' equity $ 738,647 $ 674,161