XML 37 R2.htm IDEA: XBRL DOCUMENT v3.20.1
Consolidated Statements of Financial Condition (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2020
Jun. 30, 2019
ASSETS    
Total cash and cash equivalents $ 77,814 $ 29,538
Long term certificates of deposit 4,071 2,875
Securities available-for-sale, at fair value 209,122 122,728
Securities held-to-maturity, at amortized cost (fair value $399,256 at March 31, 2020; $313,613 at June 30, 2019) 382,532 304,208
Equity securities, at fair value 238 253
Federal Home Loan Bank stock, at cost 1,196 1,759
Loans 897,961 798,105
Allowance for loan losses (15,205) (13,200)
Unearned origination fees and costs, net 979 833
Net loans receivable 883,735 785,738
Premises and equipment, net 13,366 13,255
Accrued interest receivable 7,506 5,853
Foreclosed real estate 0 53
Prepaid expenses and other assets 4,892 3,202
Total assets 1,584,472 1,269,462
LIABILITIES AND SHAREHOLDERS' EQUITY    
Noninterest-bearing deposits 106,844 107,469
Interest-bearing deposits 1,322,688 1,013,100
Total deposits 1,429,532 1,120,569
Borrowings from Federal Home Loan Bank, short-term 0 8,000
Borrowings from other banks, short-term 4,000 0
Borrowings from Federal Home Loan Bank, long-term 9,100 13,600
Accrued expenses and other liabilities 17,847 14,924
Total liabilities 1,460,479 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 - 8,513,414 shares at March 31, 2020, and 8,537,814 at June 30, 2019 861 861
Additional paid-in capital 11,017 11,017
Retained earnings 113,993 101,774
Accumulated other comprehensive loss (970) (1,006)
Treasury stock, at cost 97,926 shares at March 31, 2020, and 73,526 shares at June 30, 2019 (908) (277)
Total shareholders' equity 123,993 112,369
Total liabilities and shareholders' equity $ 1,584,472 $ 1,269,462