XML 38 R2.htm IDEA: XBRL DOCUMENT v3.3.0.814
Consolidated Statements of Financial Condition (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2015
Jun. 30, 2015
ASSETS    
Total cash and cash equivalents $ 12,117 $ 15,538
Long term certificate of deposit 1,230 1,230
Securities available-for-sale, at fair value 95,757 86,034
Securities held-to-maturity, at amortized cost (fair value $178,960 at September 30, 2015; $171,976 at June 30, 2015) 174,560 169,000
Federal Home Loan Bank stock, at cost 1,832 2,494
Loans 468,019 450,755
Allowance for loan losses (8,466) (8,142)
Unearned origination fees and costs, net 905 883
Loans receivable, net 460,458 443,496
Premises and equipment 14,476 14,515
Accrued interest receivable 3,185 3,026
Foreclosed real estate 836 847
Prepaid expenses and other assets 3,294 2,467
Total assets 767,745 738,647
LIABILITIES AND SHAREHOLDERS' EQUITY    
Noninterest bearing deposits 79,111 73,359
Interest-bearing deposits 585,197 549,358
Total deposits 664,308 622,717
Borrowings from Federal Home Loan Bank, short-term 8,200 22,900
Borrowings from Federal Home Loan Bank, long-term 18,800 18,800
Accrued expenses and other liabilities 7,656 7,310
Total liabilities 698,964 671,727
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 4,224,457 shares at September 30, 2015, and 4,222,357 shares at June 30, 2015 431 431
Additional paid-in capital 11,230 11,220
Retained earnings 58,491 56,696
Accumulated other comprehensive loss (758) (798)
Treasury stock, at cost 81,213 shares at September 30, 2015,and 83,313 shares at June 30, 2015 (613) (629)
Total shareholders' equity 68,781 66,920
Total liabilities and shareholders' equity $ 767,745 $ 738,647