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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Jun. 30, 2019
Jun. 30, 2018
ASSETS    
Total cash and cash equivalents $ 29,538 $ 26,504
Long term certificate of deposit 2,875 2,385
Securities available-for-sale, at fair value 122,728 120,806
Securities held-to-maturity, at amortized cost (fair value $313,613 at June 30, 2019; $274,177 at June 30, 2018) 304,208 274,550
Equity securities, at fair value 253 217
Federal Home Loan Bank stock, at cost 1,759 1,545
Loans 798,105 715,641
Allowance for loan losses (13,200) (12,024)
Unearned origination fees and costs, net 833 814
Net loans receivable 785,738 704,431
Premises and equipment, net 13,255 13,304
Accrued interest receivable 5,853 5,057
Foreclosed real estate 53 119
Prepaid expenses and other assets 3,202 2,560
Total assets 1,269,462 1,151,478
LIABILITIES AND SHAREHOLDERS' EQUITY    
Noninterest-bearing deposits 107,469 102,694
Interest-bearing deposits 1,013,100 922,540
Total deposits 1,120,569 1,025,234
Borrowings from Federal Home Loan Bank, short-term 8,000 0
Borrowings from Federal Home Loan Bank, long-term 13,600 18,150
Accrued expenses and other liabilities 14,924 11,903
Total liabilities 1,157,093 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 Outstanding - 8,537,814 861 861
Additional paid-in capital 11,017 11,017
Retained earnings 101,774 86,213
Accumulated other comprehensive loss (1,006) (1,623)
Treasury stock, at cost 73,526 shares (277) (277)
Total shareholders' equity 112,369 96,191
Total liabilities and shareholders' equity $ 1,269,462 $ 1,151,478