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Holding Company Condensed Financial Information (Tables)
 12 Months Ended
Jun. 30, 2016
Condensed Financial Information of Parent Company Only Disclosure [Abstract]  
Condensed Statements of Financial Condition
Condensed Statements of Financial Condition
 
June 30,
(In Thousands)
2016
2015
 
 
 
Assets
 
 
Cash and cash equivalents
$
12,835

$
14,829

Investment in subsidiary
120,563

126,348

Other assets
105

20

 
$
133,503

$
141,197

 
 
 
Liabilities and Stockholders’ Equity
 
 
Other liabilities
$
52

$
60

Stockholders’ equity
133,451

141,137

 
$
133,503

$
141,197
Condensed Statements of Operations
Condensed Statements of Operations
 
Year Ended June 30,
(In Thousands)
2016
2015
2014
 
 
 
 
Dividend from the Bank
$
15,000

$
25,000

$
27,500

Interest and other income
52

57

20

Total income
15,052

25,057

27,520

 
 
 
 
General and administrative expenses
808

860

838

Earnings before income taxes and equity in undistributed earnings of the Bank
14,244

24,197

26,682

 
 
 
 
Income tax benefit
(317
)
(337
)
(337
)
Earnings before equity in undistributed earnings of the Bank
14,561

24,534

27,019

 
 
 
 
Equity in undistributed earnings of the Bank
(7,087
)
(14,731
)
(20,413
)
Net income
$
7,474

$
9,803

$
6,606
Condensed Statements of Comprehensive Income
Condensed Statements of Comprehensive Income
 
Year Ended June 30,
(In Thousands)
2016
2015
2014
 
 
 
 
Net income
$
7,474

$
9,803

$
6,606

 
 
 
 
Other comprehensive income
—

—

—

 
 
 
 
Total comprehensive income
$
7,474

$
9,803

$
6,606
Condensed Statements of Cash Flows
Condensed Statements of Cash Flows
 
Year Ended June 30,
(In Thousands)
2016
2015
2014
 
 
 
 
Cash flows from operating activities:
 
 
 
Net income
$
7,474

$
9,803

$
6,606

Adjustments to reconcile net income to net cash
provided by operating activities:
 
 
 
Equity in undistributed earnings of the Bank
7,087

14,731

20,413

(Increase) decrease in other assets
(85
)
(1
)
40

(Decrease) increase in other liabilities
(8
)
24

(203
)
Net cash provided by operating activities
14,468

24,557

26,856

 
 
 
 
Cash flow from financing activities:
 
 
 
Exercise of stock options
590

380

385

Treasury stock purchases
(13,038
)
(12,680
)
(17,182
)
Cash dividends
(4,014
)
(4,055
)
(3,964
)
Net cash used for financing activities
(16,462
)
(16,355
)
(20,761
)
Net (decrease) increase in cash and cash equivalents
(1,994
)
8,202

6,095

Cash and cash equivalents at beginning of year
14,829

6,627

532

Cash and cash equivalents at end of year
$
12,835

$
14,829

$
6,627