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Holding Company Condensed Financial Information (Tables)
 12 Months Ended
Jun. 30, 2014
Condensed Financial Information of Parent Company Only Disclosure [Abstract]  
Condensed Statements of Financial Condition
Condensed Statements of Financial Condition
 
June 30,
(In Thousands)
2014
2013
 
 
 
Assets
 
 
Cash and cash equivalents
$
6,627

$
532

Investment in subsidiary
139,252

159,622

Other assets
19

59

 
$
145,898

$
160,213

 
 
 
Liabilities and Stockholders’ Equity
 
 
Other liabilities
$
36

$
239

Stockholders’ equity
145,862

159,974

 
$
145,898

$
160,213
Condensed Statements of Operations
Condensed Statements of Operations
 
Year Ended June 30,
(In Thousands)
2014
2013
2012
 
 
 
 
Interest and other income
$
20

$
9

$
13

General and administrative expenses
838

791

750

Loss before equity in net earnings of the subsidiary
(818
)
(782
)
(737
)
Equity in net earnings of the subsidiary
7,087

26,250

11,237

Income before income tax benefit
6,269

25,468

10,500

Income tax benefit
(337
)
(329
)
(310
)
Net income
$
6,606

$
25,797

$
10,810
Condensed Statements of Comprehensive Income
Condensed Statements of Comprehensive Income
 
Year Ended June 30,
(In Thousands)
2014
2013
2012
 
 
 
 
Net income
$
6,606

$
25,797

$
10,810

 
 
 
 
Other comprehensive income
—

—

—

 
 
 
 
Total comprehensive income
$
6,606

$
25,797

$
10,810
Condensed Statements of Cash Flows
Condensed Statements of Cash Flows
 
Year Ended June 30,
(In Thousands)
2014
2013
2012
 
 
 
 
Cash flows from operating activities:
 
 
 
Net income
$
6,606

$
25,797

$
10,810

Adjustments to reconcile net income to net cash
used for operating activities:
 
 
 
Equity in net earnings of the subsidiary
(7,087
)
(26,250
)
(11,237
)
Decrease (increase) in other assets
40

20

(49
)
(Decrease) increase  in other liabilities
(203
)
201

(6
)
Net cash used for operating activities
(644
)
(232
)
(482
)
 
 
 
 
Cash flow from investing activities:
 
 
 
Cash dividend received from the Bank
27,500

10,000

8,000

Net cash provided by investing activities
27,500

10,000

8,000

 
 
 
 
Cash flow from financing activities:
 
 
 
Exercise of stock options
385

296

72

Treasury stock purchases
(17,182
)
(8,959
)
(6,693
)
Cash dividends
(3,964
)
(2,541
)
(1,572
)
Net cash used for financing activities
(20,761
)
(11,204
)
(8,193
)
Net increase (decrease) in cash and cash equivalents
6,095

(1,436
)
(675
)
Cash and cash equivalents at beginning of year
532

1,968

2,643

Cash and cash equivalents at end of year
$
6,627

$
532

$
1,968