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Consolidated Balance Sheets - USD ($)
Sep. 30, 2016
Jun. 30, 2016
Assets    
Cash and due from financial institutions $ 3,773,721 $ 2,567,296
Interest-earning deposits 5,149,000 12,380,000
Total cash and due from financial institutions and interest-earning deposits 8,922,721 14,947,296
Securities available-for-sale 596,761 664,755
Securities held-to-maturity 770,299 781,740
Federal Home Loan Bank stock, at cost 230,500 229,900
Loans, net of allowance for loan losses of $3,055,510 and $2,947,000, respectively 206,766,878 198,309,920
Premises and equipment, net 5,516,733 5,274,461
Foreclosed assets, net 461,847 461,847
Accrued interest receivable 1,487,059 1,147,467
Deferred taxes, net 1,300,660 1,416,093
Other assets 1,819,725 1,853,698
Total assets 227,873,183 225,087,177
Liabilities:    
Noninterest-bearing deposits 26,096,591 24,296,166
Interest-bearing deposits 163,566,482 162,666,186
Total deposits 189,663,073 186,962,352
Advance payments from borrowers for taxes and insurance 202,460 387,166
Accrued interest payable and other liabilities 1,156,131 1,198,850
Total liabilities 191,021,664 188,548,368
Common stock in ESOP subject to contingent repurchase obligation 580,227 564,723
Stockholders’ equity:    
Common stock, $0.01 par value, 25,000,000 shares authorized 3,477,227 shares issued and 3,477,157 outstanding at September 30, 2016 and June 30, 2016, respectively 34,771 34,771
Additional paid-in capital 26,826,945 26,844,426
Retained earnings 11,504,971 11,239,913
Unearned ESOP Shares (1,211,442) (1,246,045)
Shares reserved for stock compensation (306,644) (338,332)
Accumulated other comprehensive income, net of tax 2,918 4,076
Reclassification of ESOP shares (580,227) (564,723)
Total stockholders' equity 36,271,292 35,974,086
Total liabilities and stockholders' equity $ 227,873,183 $ 225,087,177