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Consolidated Statements of Financial Condition (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2016
Jun. 30, 2015
ASSETS    
Total cash and cash equivalents $ 39,136 $ 15,538
Long term certificate of deposit 2,210 1,230
Securities available-for-sale, at fair value 103,246 86,034
Securities held-to-maturity, at amortized cost (fair value $197,652 at March 31, 2016; $171,976 at June 30, 2015) 191,576 169,000
Federal Home Loan Bank stock, at cost 1,531 2,494
Loans 501,182 450,755
Allowance for loan losses (8,988) (8,142)
Unearned origination fees and costs, net 937 883
Net loans receivable 493,131 443,496
Premises and equipment 14,225 14,515
Accrued interest receivable 3,649 3,026
Foreclosed real estate 370 847
Prepaid expenses and other assets 2,311 2,467
Total assets 851,385 738,647
LIABILITIES AND SHAREHOLDERS' EQUITY    
Noninterest-bearing deposits 84,688 73,359
Interest-bearing deposits 665,621 549,358
Total deposits 750,309 622,717
Borrowings from Federal Home Loan Bank, short-term 0 22,900
Borrowings from Federal Home Loan Bank, long-term 20,300 18,800
Accrued expenses and other liabilities 7,791 7,310
Total liabilities 778,400 671,727
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 - 8,611,340 shares at March 31, 2016, and 4,305,670 shares at June 30, 2015; Outstanding 8,474,414 shares at March 31, 2016, and 4,222,357 shares at June 30, 2015 861 431
Additional paid-in capital 10,870 11,220
Retained earnings 62,256 56,696
Accumulated other comprehensive loss (485) (798)
Treasury stock, at cost 136,926 shares at March 31, 2016, and 83,313 shares at June 30, 2015 (517) (629)
Total shareholders' equity 72,985 66,920
Total liabilities and shareholders' equity $ 851,385 $ 738,647