XML 13 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2017
Jun. 30, 2017
ASSETS    
Cash and due from financial institutions $ 4,837 $ 4,035
Interest-bearing demand deposits 3,509 8,769
Cash and cash equivalents 8,346 12,804
Time deposits in other financial institutions 6,928 4,201
Securities available for sale 70 71
Securities held-to-maturity, at amortized cost- approximate fair value of $1,402 and $1,523 at September 30, and June 30, 2017, respectively 1,368 1,487
Loans, net of allowance of $1,554 and $1,533 at September 30, and June 30, 2017, respectively 255,858 258,244
Real estate owned, net 777 358
Premises and equipment, net 5,753 5,810
Federal Home Loan Bank stock, at cost 6,482 6,482
Accrued interest receivable 679 679
Bank-owned life insurance 3,182 3,158
Goodwill 14,507 14,507
Prepaid federal income taxes 17 74
Prepaid expenses and other assets 538 610
Total assets 304,505 308,485
LIABILITIES AND SHAREHOLDERS' EQUITY    
Deposits 188,187 182,845
Federal Home Loan Bank advances 46,230 55,780
Advances by borrowers for taxes and insurance 1,054 818
Accrued interest payable 22 21
Deferred federal income taxes 696 719
Deferred revenue 578 578
Other liabilities 628 578
Total liabilities 237,395 241,339
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 35,084
Retained earnings 34,097 34,180
Unearned employee stock ownership plan (ESOP), 80,290 shares and 84,959 shares at September 30, and June 30, 2017, respectively (803) (850)
Treasury shares at cost, 151,549 and 151,549 common shares at September 30, and June 30, 2017, respectively (1,355) (1,355)
Accumulated other comprehensive income 1 1
Total shareholders' equity 67,110 67,146
Total liabilities and shareholders' equity $ 304,505 $ 308,485