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CONSOLIDATED BALANCE SHEET - USD ($)
$ in Thousands
Jun. 30, 2017
Jun. 30, 2016
ASSETS    
Cash and due from banks $ 1,944 $ 2,042
Interest-earning demand deposits 328 301
Total cash and cash equivalents 2,272 2,343
Certificates of deposit 10,380 350
Investment securities available for sale (amortized cost of $108,380 and $107,556) 108,449 107,676
Investment securities held to maturity (fair value of $8,815 and $9,990) 8,678 9,523
Mortgage-backed securities held to maturity (fair value of $130,181 and $137,679) 129,321 137,416
Net loans receivable (allowance for loan losses of $418 and $360) 77,455 64,673
Accrued interest receivable 1,206 1,508
Federal Home Loan Bank stock, at cost 7,062 6,599
Premises and equipment (net) 454 542
Bank owned life insurance 4,541 4,410
Deferred tax assets (net) 437 406
Other assets 1,354 277
TOTAL ASSETS 351,609 335,723
LIABILITIES    
Deposits 145,289 141,278
Federal Home Loan Bank advances: short-term 155,799 144,027
Federal Home Loan Bank advances: long-term - fixed rate 10,000 10,000
Federal Home Loan Bank advances: long-term - variable rate 6,109 6,109
Accrued interest payable 247 189
Other liabilities 1,122 1,035
TOTAL LIABILITIES 318,566 302,638
STOCKHOLDERS' EQUITY    
Preferred stock, no par value; 5,000,000 shares authorized; none outstanding
Common stock, par value $0.01; 10,000,000 shares authorized; 3,805,636 shares issued 38 38
Additional paid-in capital 21,485 21,485
Treasury stock (1,797,492 and 1,766,507 shares at cost) (27,264) (26,905)
Retained earnings - substantially restricted 41,344 40,189
Accumulated other comprehensive loss (188) (238)
Unallocated Employee Stock Ownership Plan ("ESOP") shares (2,372) (1,484)
TOTAL STOCKHOLDERS' EQUITY 33,043 33,085
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 351,609 $ 335,723