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PARENT COMPANY ONLY CONDENSED FINANCIAL INFORMATION (Tables) - Oconee Federal Financial Corp.
 12 Months Ended
Jun. 30, 2015
CONDENSED BALANCE SHEET  
Schedule of condensed balance sheet
CONDENSED BALANCE SHEETS
JUNE 30, 2015 AND 2014
​ ​ ​
June 30,
2015
 ​ ​
June 30,
2014
 ​
ASSETS ​ ​ ​
Cash and cash equivalents
 ​ ​ ​ $ 1,566 ​ ​ ​ ​ $ 4,109 ​ ​
Securities available-for-sale
 ​ ​ ​ ​ — ​ ​ ​ ​ ​ 299 ​ ​
ESOP loan receivable
 ​ ​ ​ ​ 1,641 ​ ​ ​ ​ ​ 1,924 ​ ​
Other
 ​ ​ ​ ​ 822 ​ ​ ​ ​ ​ 433 ​ ​
Investment in banking subsidiary
 ​ ​ ​ ​ 77,124 ​ ​ ​ ​ ​ 70,517 ​ ​
Total assets
 ​ ​ ​ $ 81,153 ​ ​ ​ ​ $ 77,282 ​ ​
LIABILITIES AND SHAREHOLDERS’ EQUITY ​ ​ ​
Accounts payable and other liabilities
 ​ ​ ​ $ 363 ​ ​ ​ ​ $ 301 ​ ​
Shareholders’ equity
 ​ ​ ​ ​ 80,790 ​ ​ ​ ​ ​ 76,981 ​ ​
Total liabilities and shareholders’ equity
 ​ ​ ​ $ 81,153 ​ ​ ​ ​ $ 77,282 ​ ​
​
Schedule of condensed statement of income
CONDENSED STATEMENTS OF INCOME
FOR THE YEARS ENDED JUNE 30, 2015 AND 2014
​ ​ ​
June 30,
2015
 ​ ​
June 30,
2014
 ​
Interest income
 ​ ​ ​ $ 69 ​ ​ ​ ​ $ 85 ​ ​
Other income
 ​ ​ ​ ​ 29 ​ ​ ​ ​ ​ — ​ ​
Dividend from banking subsidiary
 ​ ​ ​ ​ — ​ ​ ​ ​ ​ 6,677 ​ ​
Other expenses
 ​ ​ ​ ​ 709 ​ ​ ​ ​ ​ 547 ​ ​
Income before equity in undistributed income of subsidiary
 ​ ​ ​ ​ (611) ​ ​ ​ ​ ​ 6,215 ​ ​
Equity in undistributed income of subsidiary
 ​ ​ ​ ​ 4,915 ​ ​ ​ ​ ​ (2,731) ​ ​
Income before income taxes
 ​ ​ ​ ​ 4,304 ​ ​ ​ ​ ​ 3,484 ​ ​
Income tax expense
 ​ ​ ​ ​ (208) ​ ​ ​ ​ ​ (155) ​ ​
Net income
 ​ ​ ​ $ 4,512 ​ ​ ​ ​ $ 3,639 ​ ​
​
Schedule of condensed statement of cash flows
CONDENSED STATEMENTS OF CASH FLOWS
FOR THE YEARS ENDED JUNE 30, 2015 AND 2014
​ ​ ​
June 30,
2015
 ​ ​
June 30,
2014
 ​
Cash Flows From Operating Activities ​ ​ ​
Net income
 ​ ​ ​ $ 4,512 ​ ​ ​ ​ $ 3,639 ​ ​
Adjustments to reconcile net income to net cash (used in) provided by operating activities:
 ​ ​ ​
Change in other assets
 ​ ​ ​ ​ (379) ​ ​ ​ ​ ​ (382) ​ ​
Change in accounts payable and other liabilities
 ​ ​ ​ ​ 62 ​ ​ ​ ​ ​ 275 ​ ​
Equity in undistributed income of subsidiary
 ​ ​ ​ ​ (4,915) ​ ​ ​ ​ ​ 2,731 ​ ​
Net cash (used in) provided by operations
 ​ ​ ​ ​ (720) ​ ​ ​ ​ ​ 6,263 ​ ​
Cash Flows From Investing Activities ​ ​ ​
Payments received on ESOP loans
 ​ ​ ​ ​ 184 ​ ​ ​ ​ ​ 152 ​ ​
Maturities of available-for-sale securities
 ​ ​ ​ ​ 270 ​ ​ ​ ​ ​ — ​ ​
Net cash provided by investing activities
 ​ ​ ​ ​ 454 ​ ​ ​ ​ ​ 152 ​ ​
Cash Flows from Financing Activities ​ ​ ​
Purchases of treasury shares
 ​ ​ ​ ​ (35) ​ ​ ​ ​ ​ (1,626) ​ ​
Dividends paid
 ​ ​ ​ ​ (2,242) ​ ​ ​ ​ ​ (2,236) ​ ​
Net cash used in financing activities
 ​ ​ ​ ​ (2,277) ​ ​ ​ ​ ​ (3,862) ​ ​
Change in cash and cash equivalents
 ​ ​ ​ ​ (2,543) ​ ​ ​ ​ ​ 2,553 ​ ​
Cash and cash equivalents, beginning of year
 ​ ​ ​ ​ 4,109 ​ ​ ​ ​ ​ 1,556 ​ ​
Cash and cash equivalents, end of year
 ​ ​ ​ $ 1,566 ​ ​ ​ ​ $ 4,109 ​ ​
​