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Consolidated Statements of Financial Condition (Unaudited) - USD ($)
$ in Thousands
Dec. 31, 2019
Jun. 30, 2019
ASSETS    
Total cash and cash equivalents $ 34,542 $ 29,538
Long term certificates of deposit 3,626 2,875
Securities available-for-sale, at fair value 192,999 122,728
Securities held-to-maturity, at amortized cost (fair value $343,896 at December 31, 2019; $313,613 at June 30, 2019) 331,989 304,208
Equity securities, at fair value 265 253
Federal Home Loan Bank stock, at cost 3,554 1,759
Loans 864,186 798,105
Allowance for loan losses (13,984) (13,200)
Unearned origination fees and costs, net 863 833
Net loans receivable 851,065 785,738
Premises and equipment, net 13,273 13,255
Accrued interest receivable 6,810 5,853
Foreclosed real estate 303 53
Prepaid expenses and other assets 5,525 3,202
Total assets 1,443,951 1,269,462
LIABILITIES AND SHAREHOLDERS' EQUITY    
Noninterest-bearing deposits 110,100 107,469
Interest-bearing deposits 1,134,558 1,013,100
Total deposits 1,244,658 1,120,569
Borrowings from Federal Home Loan Bank, short-term 48,900 8,000
Borrowings from Federal Home Loan Bank, long-term 12,600 13,600
Accrued expenses and other liabilities 17,247 14,924
Total liabilities 1,323,405 1,157,093
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 - 8,536,414 shares at December 31, 2019, and 8,537,814 at June 30, 2019 861 861
Additional paid-in capital 11,017 11,017
Retained earnings 110,374 101,774
Accumulated other comprehensive loss (1,391) (1,006)
Treasury stock, at cost 74,926 shares at December 31, 2019, and 73,526 shares at June 30, 2019 (315) (277)
Total shareholders' equity 120,546 112,369
Total liabilities and shareholders' equity $ 1,443,951 $ 1,269,462