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Consolidated Statements of Financial Condition (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2017
Jun. 30, 2017
ASSETS    
Total cash and cash equivalents $ 46,419 $ 16,277
Long term certificate of deposit 2,145 2,145
Securities available-for-sale, at fair value 100,809 91,483
Securities held-to-maturity, at amortized cost (fair value $231,860 at September 30, 2017; $228,452 at June 30, 2017) 225,694 223,830
Federal Home Loan Bank stock, at cost 1,575 2,131
Loans 648,693 634,331
Allowance for loan losses (11,098) (11,022)
Unearned origination fees and costs, net 851 878
Net loans receivable 638,446 624,187
Premises and equipment 13,559 13,615
Accrued interest receivable 4,374 4,033
Foreclosed real estate 752 799
Prepaid expenses and other assets 3,874 3,791
Total assets 1,037,647 982,291
LIABILITIES AND SHAREHOLDERS' EQUITY    
Noninterest-bearing deposits 103,819 95,929
Interest-bearing deposits 813,750 763,606
Total deposits 917,569 859,535
Borrowings from Federal Home Loan Bank, short-term 0 6,900
Borrowings from other banks, short-term 700 0
Borrowings from Federal Home Loan Bank, long-term 20,150 22,650
Accrued expenses and other liabilities 12,373 9,685
Total liabilities 950,792 898,770
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 8,503,614 shares at September 30, 2017, and 8,502,614 shares at June 30, 2017 861 861
Additional paid-in capital 10,992 10,990
Retained earnings 76,165 73,072
Accumulated other comprehensive loss (757) (992)
Treasury stock, at cost 107,726 shares at September 30, 2017, and 108,726 shares at June 30, 2017 (406) (410)
Total shareholders' equity 86,855 83,521
Total liabilities and shareholders' equity $ 1,037,647 $ 982,291