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Consolidated Statements of Financial Condition (Unaudited) - USD ($)
$ in Thousands
Dec. 31, 2015
Jun. 30, 2015
ASSETS    
Total cash and cash equivalents $ 22,088 $ 15,538
Long term certificate of deposit 1,230 1,230
Securities available-for-sale, at fair value 93,582 86,034
Securities held-to-maturity, at amortized cost (fair value $182,063 at December 31, 2015; $171,976 at June 30, 2015) 177,554 169,000
Federal Home Loan Bank stock, at cost 2,782 2,494
Loans 485,928 450,755
Allowance for loan losses (8,611) (8,142)
Unearned origination fees and costs, net 887 883
Loans receivable, net 478,204 443,496
Premises and equipment 14,340 14,515
Accrued interest receivable 3,258 3,026
Foreclosed real estate 304 847
Prepaid expenses and other assets 3,464 2,467
Total assets 796,806 738,647
LIABILITIES AND SHAREHOLDERS' EQUITY    
Noninterest-bearing deposits 77,784 73,359
Interest-bearing deposits 591,405 549,358
Total deposits 669,189 622,717
Borrowings from Federal Home Loan Bank, short-term 27,800 22,900
Borrowings from Federal Home Loan Bank, long-term 20,300 18,800
Accrued expenses and other liabilities 8,767 7,310
Total liabilities 726,056 671,727
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 4,228,957 shares at December 31, 2015, and 4,222,357 shares at June 30, 2015 431 431
Additional paid-in capital 11,259 11,220
Retained earnings 60,451 56,696
Accumulated other comprehensive loss (812) (798)
Treasury stock, at cost 76,713 shares at December 31, 2015, and 83,313 shares at June 30, 2015 (579) (629)
Total shareholders' equity 70,750 66,920
Total liabilities and shareholders' equity $ 796,806 $ 738,647