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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Jun. 30, 2015
Jun. 30, 2014
Assets    
Cash and due from banks $ 2,137 $ 5,265
Interest-earning deposits in other financial institutions 16,385 19,705
Cash and cash equivalents 18,522 24,970
Investment securities:    
Securities available for sale - at estimated market value 60,873 39,965
Securities held to maturity - at amortized cost 40,653 337
Mortgage-backed securities available for sale - at estimated market value 109,138 179,017
Investment securities 210,664 219,319
Loans receivable, net 253,828 244,384
Loans available for sale 160 138
Property and equipment, net 7,016 7,115
Federal Home Loan Bank stock, at cost 3,527 6,588
Accrued interest receivable:    
Loans 828 806
Investments and mortgage-backed securities 994 828
Other real estate owned, net 286 598
Cash surrender value of life insurance policies 17,456 16,927
Deferred income taxes 3,268 3,510
Prepaid expenses and other assets 1,685 2,213
Goodwill 2,522 2,522
Intangible asset 429 547
Total assets 521,185 530,465
Liabilities and Stockholders' Equity    
Deposits 432,537 439,636
Advances from FHLB 13,000 15,000
Accrued interest on deposits 10 14
Accrued interest on FHLB advance 10 11
Advances from borrowers for payment of insurance and taxes 386 228
Accrued expenses and other liabilities 3,805 2,646
Total liabilities $ 449,748 $ 457,535
Commitments and contingencies
Stockholders' equity    
Preferred stock, $0.01 par value; 1,000,000 shares authorized, none issued $ 0 $ 0
Common stock, $0.01 par value; 25,000,000 shares authorized, 5,149,564 shares issued at June 30, 2015 and 2014; 4,610,839 and 4,959,842 shares outstanding at June 30, 2015 and 2014, respectively 51 51
Additional paid-in capital 51,145 51,044
Retained earnings 30,037 28,581
Less shares purchased for stock plans (2,923) (3,504)
Treasury Stock, at cost - 538,725 and 189,722 shares at June 30, 2015 and 2014, respectively (6,337) (2,151)
Accumulated other comprehensive income (loss):    
Unrealized loss on securities available for sale, net of income taxes (536) (1,091)
Total stockholders' equity 71,437 72,930
Total liabilities and stockholders' equity $ 521,185 $ 530,465