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Consolidated Statements of Financial Condition (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2016
Jun. 30, 2016
ASSETS    
Total cash and cash equivalents $ 19,986 $ 15,895
Long term certificates of deposit 2,145 2,210
Securities available-for-sale, at fair value 91,205 100,123
Securities held-to-maturity, at amortized cost (fair value $215,766 at September 30, 2016; $214,058 at June 30, 2016) 207,601 204,935
Federal Home Loan Bank stock, at cost 2,220 2,752
Loans 557,821 531,290
Allowance for loan losses (9,976) (9,485)
Unearned origination fees and costs, net 1,044 959
Net loans receivable 548,889 522,764
Premises and equipment 14,058 14,176
Accrued interest receivable 3,701 3,610
Foreclosed real estate 284 370
Prepaid expenses and other assets 3,026 1,946
Total assets 893,115 868,781
LIABILITIES AND SHAREHOLDERS' EQUITY    
Noninterest-bearing deposits 95,008 88,254
Interest-bearing deposits 677,587 650,633
Total deposits 772,595 738,887
Borrowings from Federal Home Loan Bank, short-term 14,300 26,100
Borrowings from Federal Home Loan Bank, long-term 20,300 20,300
Accrued expenses and other liabilities 9,506 9,193
Total liabilities 816,701 794,480
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 Outstanding 8,487,614 shares at September 30, 2016, and 8,475,614 shares at June 30, 2016 861 861
Additional paid-in capital 10,943 10,872
Retained earnings 65,943 63,805
Accumulated other comprehensive loss (866) (725)
Treasury stock, at cost 123,726 shares at September 30, 2016, and 135,726 shares at June 30, 2016 (467) (512)
Total shareholders' equity 76,414 74,301
Total liabilities and shareholders' equity $ 893,115 $ 868,781