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Consolidated Balance Sheets - USD ($)
Mar. 31, 2017
Jun. 30, 2016
Assets    
Cash and due from financial institutions $ 4,830,944 $ 2,567,296
Interest-earning deposits 2,576,000 12,380,000
Total cash and due from financial institutions and interest-earning deposits 7,406,944 14,947,296
Securities available-for-sale 1,433,716 664,755
Securities held-to-maturity 744,640 781,740
Federal Home Loan Bank stock, at cost 231,700 229,900
Loans, net of allowance for loan losses of $3,300,000 and $2,947,000, respectively 220,944,659 198,309,920
Premises and equipment, net 5,459,920 5,274,461
Foreclosed assets, net 223,200 461,847
Accrued interest receivable 1,233,302 1,147,467
Deferred taxes, net 1,495,039 1,416,093
Other assets 2,085,724 1,853,698
Total assets 241,258,844 225,087,177
Liabilities:    
Noninterest-bearing deposits 28,414,452 24,296,166
Interest-bearing deposits 174,473,915 162,666,186
Total deposits 202,888,367 186,962,352
Advance payments from borrowers for taxes and insurance 445,546 387,166
Accrued interest payable and other liabilities 1,416,707 1,198,850
Total liabilities 204,750,620 188,548,368
Common stock in ESOP subject to contingent repurchase obligation 681,820 564,723
Stockholders’ equity:    
Common stock, $0.01 par value, 25,000,000 shares authorized 3,477,227 shares issued and 3,431,963 and 3,477,157 shares outstanding at March 31, 2017 and June 30, 2016, respectively 34,320 34,771
Additional paid-in capital 26,405,683 26,844,426
Retained earnings 12,089,781 11,239,913
Unearned ESOP Shares (1,142,270) (1,246,045)
Shares reserved for stock compensation (861,060) (338,332)
Accumulated other comprehensive income/(loss), net of tax (18,230) 4,076
Reclassification of ESOP shares (681,820) (564,723)
Total stockholders' equity 35,826,404 35,974,086
Total liabilities and stockholders' equity $ 241,258,844 $ 225,087,177