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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2020
Jun. 30, 2020
Assets    
Cash and due from banks $ 13,762 $ 31,529
Interest-bearing demand deposits 1,934 1,938
Cash and cash equivalents 15,696 33,467
Interest-bearing time deposits in banks 3,000 3,000
Available-for-sale securities 161,292 162,394
Loans, net of allowance for loan losses of $6,506 and $6,234 at September 30, 2020 and June 30, 2020, respectively 518,241 509,817
Premises and equipment, net of accumulated depreciation of $8,185 and $8,016 at September 30, 2020 and June 30, 2020, respectively 10,081 10,193
Federal Home Loan Bank stock, at cost 4,198 3,028
Foreclosed assets held for sale, net 440 386
Accrued interest receivable 1,615 1,908
Bank-owned life insurance 9,415 9,345
Mortgage servicing rights 731 715
Deferred income taxes 707 630
Other 588 634
Total assets 726,004 735,517
Deposits    
Demand 42,169 87,486
Savings, NOW and money market 265,837 232,723
Certificates of deposit 281,386 269,152
Brokered certificates of deposit 12,339 12,339
Total deposits 601,731 601,700
Repurchase agreements 4,383 3,738
Federal Home Loan Bank advances 24,000 34,500
Line of credit and other borrowings 3,000 3,000
Advances from borrowers for taxes and insurance 806 519
Accrued post-retirement benefit obligation 3,322 3,306
Accrued interest payable 421 537
Other 4,794 5,653
Total liabilities 642,457 652,953
Commitments and Contingencies
Stockholders' Equity    
Common stock, $.01 par value per share, 100,000,000 shares authorized, 3,240,376 shares issued and outstanding at both September 30, 2020 and June 30, 2020 32 32
Additional paid-in capital 49,326 49,239
Unearned ESOP shares, at cost, 206,884 and 211,695 shares at September 30, 2020 and June 30, 2020, respectively (2,069) (2,117)
Retained earnings 32,053 31,207
Accumulated other comprehensive income, net of tax 4,205 4,203
Total stockholders' equity 83,547 82,564
Total liabilities and stockholders' equity $ 726,004 $ 735,517