XML 19 R2.htm IDEA: XBRL DOCUMENT v3.7.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2017
Jun. 30, 2016
ASSETS    
Cash and due from financial institutions $ 4,035 $ 4,297
Interest-bearing demand deposits 8,769 8,811
Cash and cash equivalents 12,804 13,108
Time deposits in other financial institutions 4,201 3,711
Securities available for sale 71 134
Securities held-to-maturity, at amortized cost- approximate fair value of $1,523 and $4,151 at June 30, 2017 and 2016, respectively 1,487 4,079
Loans, net of allowance of $1,533 and $1,515 at June 30, 2017 and 2016, respectively 258,244 238,468
Real estate owned, net 358 527
Premises and equipment, net 5,810 6,022
Federal Home Loan Bank stock, at cost 6,482 6,482
Accrued interest receivable 679 710
Bank-owned life insurance 3,158 3,064
Goodwill 14,507 14,507
Prepaid federal income taxes 74 93
Prepaid expenses and other assets 610 966
Total assets 308,485 291,871
LIABILITIES AND SHAREHOLDERS' EQUITY    
Deposits 182,845 188,572
Federal Home Loan Bank advances 55,780 33,211
Advances by borrowers for taxes and insurance 818 741
Accrued interest payable 21 22
Deferred federal income taxes 719 642
Deferred revenue 578 595
Other liabilities 578 573
Total liabilities 241,339 224,356
Commitments and contingencies
Shareholders' equity    
Preferred stock, 500,000 shares authorized, $.01 par value; no shares issued and outstanding
Common stock, 20,000,000 shares authorized, $.01 par value; 8,596,064 shares issued 86 86
Additional paid-in capital 35,084 34,639
Retained earnings 34,180 34,732
Unearned employee stock ownership plan (ESOP) (850) (1,036)
Treasury shares at cost, 151,549 and 112,563 common shares at June 30, 2017 and 2016, respectively (1,355) (937)
Accumulated other comprehensive income 1 31
Total shareholders' equity 67,146 67,515
Total liabilities and shareholders' equity $ 308,485 $ 291,871