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Consolidated Statements of Financial Condition (Unaudited) - USD ($)
$ in Thousands
Dec. 31, 2018
Jun. 30, 2018
ASSETS    
Total cash and cash equivalents $ 31,945 $ 26,504
Long term certificate of deposit 2,385 2,385
Securities available-for-sale, at fair value 107,192 120,806
Securities held-to-maturity, at amortized cost (fair value $278,344 at December 31, 2018; $274,177 at June 30, 2018) 276,939 274,550
Equity securities, at fair value 215 217
Federal Home Loan Bank stock, at cost 3,873 1,545
Loans 762,233 715,641
Allowance for loan losses (12,673) (12,024)
Unearned origination fees and costs, net 810 814
Net loans receivable 750,370 704,431
Premises and equipment 13,308 13,304
Accrued interest receivable 5,765 5,057
Foreclosed real estate 79 119
Prepaid expenses and other assets 3,215 2,560
Total assets 1,195,286 1,151,478
LIABILITIES AND SHAREHOLDERS' EQUITY    
Noninterest-bearing deposits 101,387 102,694
Interest-bearing deposits 907,833 922,540
Total deposits 1,009,220 1,025,234
Borrowings from Federal Home Loan Bank, short-term 54,700 0
Borrowings from other banks, short-term 200 0
Borrowings from Federal Home Loan Bank, long-term 15,150 18,150
Accrued expenses and other liabilities 11,895 11,903
Total liabilities 1,091,165 1,055,287
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 - 8,537,814 shares 861 861
Additional paid-in capital 11,017 11,017
Retained earnings 94,040 86,213
Accumulated other comprehensive loss (1,520) (1,623)
Treasury stock, at cost 73,526 shares (277) (277)
Total shareholders' equity 104,121 96,191
Total liabilities and shareholders' equity $ 1,195,286 $ 1,151,478