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Consolidated Balance Sheets - USD ($)
Jun. 30, 2017
Jun. 30, 2016
Cash and due from banks $ 96,055,000 $ 105,094,000
Securities available-for-sale 95,509,000 95,844,000
Investments 4,281,000 3,957,000
Receivables 840,000 1,333,000
Property acquired for transactions-in-process 17,101,000 30,932,000
Leases and loans:    
Allowance for credit losses (7,147,000) (6,862,000)
Net investment in leases and loans 496,807,000 641,410,000
Property on operating leases, less accumulated deprecation of $871 (2017) and $378 (2016) 2,319,000 2,928,000
Income tax receivable 1,088,000 121,000
Other assets 1,306,000 2,108,000
Discounted lease rentals assigned to lenders 279,000 4,449,000
Total Assets 715,585,000 888,176,000
Liabilities:    
Demand and savings deposits 90,867,000 81,989,000
Time certificates of deposit 377,767,000 551,158,000
Short-term borrowings 40,000,000 40,000,000
Accounts payable 1,087,000 1,697,000
Accrued liabilities 2,536,000 3,622,000
Lease deposits 1,346,000 1,565,000
Non-recourse debt 279,000 4,449,000
Deferred income taxes, net 5,569,000 12,674,000
Total Liabilities 519,451,000 697,154,000
Commitments and contingencies
Stockholders' equity:    
Preferred stock; 2,500,000 shares authorized; none issued
Common stock; $.01 par value; 20,000,000 shares authorized; 10,283,807 (2017) and 10,279,807 (2016) issued and outstanding 103,000 103,000
Additional paid in capital 2,309,000 2,240,000
Retained earnings 193,728,000 187,334,000
Accumulated other comprehensive income, net of tax (6,000) 1,345,000
Total Stockholders’ Equity 196,134,000 191,022,000
Total Liabilities and Stockholders’ Equity 715,585,000 888,176,000
Finance Leases Portfolio Segment [Member]    
Leases and loans:    
Leases and loans 192,741,000 239,964,000
Commercial Portfolio Segment [Member]    
Leases and loans:    
Leases and loans 311,213,000 408,308,000
Allowance for credit losses (1,628,000) (1,825,000)
Net investment in leases and loans $ 306,009,000 $ 403,736,000