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Holding Company Condensed Financial Information (Tables)
12 Months Ended
Jun. 30, 2015
Condensed Financial Information of Parent Company Only Disclosure [Abstract]  
Condensed Statements of Financial Condition
Condensed Statements of Financial Condition
 
June 30,
(In Thousands)
2015
2014
 
 
 
Assets
 
 
Cash and cash equivalents
$
14,829

$
6,627

Investment in subsidiary
126,348

139,252

Other assets
20

19

 
$
141,197

$
145,898

 
 
 
Liabilities and Stockholders’ Equity
 
 
Other liabilities
$
60

$
36

Stockholders’ equity
141,137

145,862

 
$
141,197

$
145,898

Condensed Statements of Operations
Condensed Statements of Operations
 
Year Ended June 30,
(In Thousands)
2015
2014
2013
 
 
 
 
Dividend from the Bank
$
25,000

$
27,500

$
10,000

Interest and other income
57

20

9

Total income
25,057

27,520

10,009

 
 
 
 
General and administrative expenses
860

838

791

Earnings before income taxes and equity in undistributed earnings of the Bank
24,197

26,682

9,218

 
 
 
 
Income tax benefit
(337
)
(337
)
(329
)
Earnings before equity in undistributed earnings of the Bank
24,534

27,019

9,547

 
 
 
 
Equity in undistributed earnings of the Bank
(14,731
)
(20,413
)
16,250

Net income
$
9,803

$
6,606

$
25,797

Condensed Statements of Comprehensive Income
Condensed Statements of Comprehensive Income
 
Year Ended June 30,
(In Thousands)
2015
2014
2013
 
 
 
 
Net income
$
9,803

$
6,606

$
25,797

 
 
 
 
Other comprehensive income



 
 
 
 
Total comprehensive income
$
9,803

$
6,606

$
25,797

Condensed Statements of Cash Flows
Condensed Statements of Cash Flows
 
Year Ended June 30,
(In Thousands)
2015
2014
2013
 
 
 
 
Cash flows from operating activities:
 
 
 
Net income
$
9,803

$
6,606

$
25,797

Adjustments to reconcile net income to net cash
provided by operating activities:
 
 
 
Equity in undistributed earnings of the Bank
14,731

20,413

(16,250
)
(Increase) decrease in other assets
(1
)
40

20

Increase (decrease) in other liabilities
24

(203
)
201

Net cash provided by operating activities
24,557

26,856

9,768

 
 
 
 
Cash flow from investing activities:
 
 
 
 
 
 
 
Net cash provided by investing activities



 
 
 
 
Cash flow from financing activities:
 
 
 
Exercise of stock options
380

385

296

Treasury stock purchases
(12,680
)
(17,182
)
(8,959
)
Cash dividends
(4,055
)
(3,964
)
(2,541
)
Net cash used for financing activities
(16,355
)
(20,761
)
(11,204
)
Net increase (decrease) in cash and cash equivalents
8,202

6,095

(1,436
)
Cash and cash equivalents at beginning of year
6,627

532

1,968

Cash and cash equivalents at end of year
$
14,829

$
6,627

$
532