XML 14 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements of Financial Condition (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2018
Jun. 30, 2017
ASSETS    
Total cash and cash equivalents $ 74,604 $ 16,277
Long term certificate of deposit 2,385 2,145
Securities available-for-sale, at fair value 117,627 91,483
Securities held-to-maturity, at amortized cost (fair value $277,799 at March 31, 2018; $228,452 at June 30, 2017) 277,432 223,830
Federal Home Loan Bank stock, at cost 1,485 2,131
Loans 689,370 634,331
Allowance for loan losses (11,622) (11,022)
Unearned origination fees and costs, net 747 878
Net loans receivable 678,495 624,187
Premises and equipment 13,361 13,615
Accrued interest receivable 5,079 4,033
Foreclosed real estate 208 799
Prepaid expenses and other assets 3,112 3,791
Total assets 1,173,788 982,291
LIABILITIES AND SHAREHOLDERS' EQUITY    
Noninterest-bearing deposits 100,729 95,929
Interest-bearing deposits 951,518 763,606
Total deposits 1,052,247 859,535
Borrowings from Federal Home Loan Bank, short-term 0 6,900
Borrowings from Federal Home Loan Bank, long-term 18,150 22,650
Accrued expenses and other liabilities 10,724 9,685
Total liabilities 1,081,121 898,770
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 - 8,526,614 shares at March 31, 2018, and 8,502,614 shares at June 30, 2017 861 861
Additional paid-in capital 11,050 10,990
Retained earnings 82,975 73,072
Accumulated other comprehensive loss (1,899) (992)
Treasury stock, at cost 84,726 shares at March 31, 2018, and 108,726 shares at June 30, 2017 (320) (410)
Total shareholders' equity 92,667 83,521
Total liabilities and shareholders' equity $ 1,173,788 $ 982,291