XML 13 R2.htm IDEA: XBRL DOCUMENT v3.7.0.1
Consolidated Statements of Financial Condition (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2017
Jun. 30, 2016
ASSETS    
Total cash and cash equivalents $ 35,587 $ 15,895
Long term certificate of deposit 2,145 2,210
Securities available-for-sale, at fair value 77,041 100,123
Securities held-to-maturity, at amortized cost (fair value $217,393 at March 31, 2017; $214,058 at June 30, 2016) 214,300 204,935
Federal Home Loan Bank stock, at cost 1,683 2,752
Loans 616,492 531,290
Allowance for loan losses (10,721) (9,485)
Unearned origination fees and costs, net 880 959
Net loans receivable 606,651 522,764
Premises and equipment 13,773 14,176
Accrued interest receivable 4,043 3,610
Foreclosed real estate 208 370
Prepaid expenses and other assets 3,060 1,946
Total assets 958,491 868,781
LIABILITIES AND SHAREHOLDERS' EQUITY    
Noninterest-bearing deposits 91,251 88,254
Interest-bearing deposits 753,938 650,633
Total deposits 845,189 738,887
Borrowings from Federal Home Loan Bank, short-term 0 26,100
Borrowings from other banks, short-term 500 0
Borrowings from Federal Home Loan Bank, long-term 22,650 20,300
Accrued expenses and other liabilities 9,204 9,193
Total liabilities 877,543 794,480
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 March 31, 2017, and 8,475,614 shares at June 30, 2016 861 861
Additional paid-in capital 10,990 10,872
Retained earnings 71,023 63,805
Accumulated other comprehensive loss (1,516) (725)
Treasury stock, at cost 108,726 shares at March 31, 2017, and 135,726 shares at June 30, 2016 (410) (512)
Total shareholders' equity 80,948 74,301
Total liabilities and shareholders' equity $ 958,491 $ 868,781