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Consolidated Statements of Financial Condition (Unaudited) - USD ($)
$ in Thousands
Dec. 31, 2016
Jun. 30, 2016
ASSETS    
Total cash and cash equivalents $ 15,575 $ 15,895
Long term certificate of deposit 2,145 2,210
Securities available-for-sale, at fair value 85,710 100,123
Securities held-to-maturity, at amortized cost (fair value $212,534 at December 31, 2016; $214,058 at June 30, 2016) 210,983 204,935
Federal Home Loan Bank stock, at cost 3,730 2,752
Loans 600,882 531,290
Allowance for loan losses (10,421) (9,485)
Unearned origination fees and costs, net 866 959
Net loans receivable 591,327 522,764
Premises and equipment 13,928 14,176
Accrued interest receivable 3,790 3,610
Foreclosed real estate 338 370
Prepaid expenses and other assets 4,455 1,946
Total assets 931,981 868,781
LIABILITIES AND SHAREHOLDERS' EQUITY    
Noninterest-bearing deposits 88,957 88,254
Interest-bearing deposits 686,108 650,633
Total deposits 775,065 738,887
Borrowings from Federal Home Loan Bank, short-term 45,700 26,100
Borrowings from other banks, short-term 100 0
Borrowings from Federal Home Loan Bank, long-term 22,450 20,300
Accrued expenses and other liabilities 10,287 9,193
Total liabilities 853,602 794,480
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 8,502,614 shares at December 31, 2016, and 8,475,614 shares at June 30, 2016 861 861
Additional paid-in capital 10,990 10,872
Retained earnings 68,496 63,805
Accumulated other comprehensive loss (1,558) (725)
Treasury stock, at cost 108,726 shares at December 31, 2016, and 135,726 shares at June 30, 2016 (410) (512)
Total shareholders' equity 78,379 74,301
Total liabilities and shareholders' equity $ 931,981 $ 868,781