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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Jun. 30, 2021
ASSETS    
Cash and due from banks $ 156,982 $ 152,070
Federal funds sold 1,910 7,235
Total cash and cash equivalents 158,892 159,305
Held to maturity debt securities, at amortized cost (fair value of $379,500 and $342,137 as of March 31, 2022 and June 30, 2021, respectively) 410,896 337,584
Available for sale debt securities, at fair value 37,185 57,387
Total investment securities 448,081 394,971
Loans receivable, net of allowance for loan losses of $8,711 and $7,881 as of March 31, 2022 and June 30, 2021, respectively 1,285,886 1,229,451
Accrued interest receivable 6,583 6,398
FHLB stock 3,715 4,507
Premises and equipment, net 18,904 21,099
Deferred tax asset, net 3,089 2,552
Bank-owned life insurance 36,136 35,568
Goodwill 6,106 6,106
Other intangible assets 102 151
Other assets 17,047 14,827
Total assets 1,984,541 1,874,935
LIABILITIES AND SHAREHOLDERS' EQUITY    
Interest bearing deposits 1,380,811 1,272,610
Non-interest bearing deposits 243,908 219,072
Total deposits 1,624,719 1,491,682
Mortgage escrow funds 8,744 10,536
Advances from FHLB 48,357 65,957
Other liabilities 26,329 32,200
Total liabilities 1,708,149 1,600,375
Commitments and contingencies
Shareholders' equity:    
Preferred stock ($0.01 par value, 10,000,000 shares authorized, no shares issued or outstanding as of March 31, 2022 and June 30, 2021)
Common stock ($0.01 par value, 200,000,000 shares authorized, 18,703,577 shares issued as of both March 31, 2022 and June 30, 2021, and 15,334,857 and 15,770,645 shares outstanding as of March 31, 2022 and June 30, 2021, respectively) 187 187
Additional paid in capital 192,860 189,926
Retained earnings 159,765 150,987
Unearned compensation - ESOP (9,449) (10,176)
Accumulated other comprehensive loss, net of income taxes (5,628) (3,099)
Treasury stock, at cost (3,368,720 and 2,932,932 shares as of March 31, 2022 and June 30, 2021, respectively) (61,343) (53,265)
Total shareholders' equity 276,392 274,560
Total liabilities and shareholders' equity $ 1,984,541 $ 1,874,935