XML 13 R2.htm IDEA: XBRL DOCUMENT v3.5.0.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2016
Sep. 30, 2015
Assets    
Cash $ 1,227 $ 1,081
Interest earning deposits with banks 14,685 17,027
Total cash and cash equivalents 15,912 18,108
Investment securities - available for sale, at fair value 5,565 6,064
Investment securities - held to maturity, at amortized cost (fair value of $56,495 and $53,248 at June 30, 2016 and September 30, 2015, respectively) 55,391 52,614
Federal Home Loan Bank of New York stock, at cost 2,464 2,025
Loans receivable, net of allowance for loan losses of $2,900 and $2,886 at June 30, 2016 and September 30, 2015, respectively 439,533 420,596
Bank owned life insurance 11,184 10,962
Accrued interest receivable 1,741 1,703
Premises and equipment, net 18,259 17,818
Other real estate owned ("OREO") 13,725 16,192
Other assets 4,395 4,483
Total assets 568,169 550,565
Liabilities    
Deposits 472,146 466,269
Escrowed funds 1,706 1,301
Federal Home Loan Bank of New York advances 41,040 31,594
Accrued interest payable 142 102
Accounts payable and other liabilities 5,632 4,630
Total liabilities 520,666 503,896
Stockholders' equity    
Preferred stock: $.01 Par Value, 1,000,000 shares authorized; none issued
Common stock: $.01 Par Value, 8,000,000 shares authorized; 5,923,742 issued; 5,820,746 and 5,819,494 shares outstanding at June 30, 2016 and September 30, 2015, respectively 59 59
Additional paid-in capital 26,271 26,275
Treasury stock: 102,996 and 104,248 shares at June 30, 2016 and September 30, 2015, respectively, at cost (1,152) (1,166)
Unearned Employee Stock Ownership Plan shares (658) (752)
Retained earnings 23,983 23,252
Accumulated other comprehensive loss (1,000) (999)
Total stockholders' equity 47,503 46,669
Total liabilities and stockholders' equity $ 568,169 $ 550,565