XML 19 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2018
Jun. 30, 2017
ASSETS    
Cash and due from financial institutions $ 2,337 $ 4,035
Interest-bearing demand deposits 7,606 8,769
Cash and cash equivalents 9,943 12,804
Time deposits in other financial institutions 5,692 4,201
Securities available for sale 48 71
Securities held-to-maturity, at amortized cost- approximate fair value of $998 and $1,523 at June 30, 2018 and 2017, respectively 1,002 1,487
Loans, net of allowance of $1,576 and $1,533 at June 30, 2018 and 2017, respectively 270,310 258,244
Real estate owned, net 710 358
Premises and equipment, net 5,652 5,810
Federal Home Loan Bank stock, at cost 6,482 6,482
Accrued interest receivable 706 679
Bank-owned life insurance 2,444 3,158
Goodwill 14,507 14,507
Prepaid federal income taxes 144 74
Prepaid expenses and other assets 754 610
Total assets 318,394 308,485
LIABILITIES AND SHAREHOLDERS' EQUITY    
Deposits 195,653 182,845
Federal Home Loan Bank advances 53,052 55,780
Advances by borrowers for taxes and insurance 762 818
Accrued interest payable 22 21
Deferred federal income taxes 443 719
Deferred revenue 558 578
Other liabilities 701 578
Total liabilities 251,191 241,339
Commitments and contingencies - See Notes A and I
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 35,085 35,084
Retained earnings 34,050 34,180
Unearned employee stock ownership plan (ESOP) (663) (850)
Treasury shares at cost, 151,549 and 151,549 common shares at June 30, 2018 and 2017, respectively (1,355) (1,355)
Accumulated other comprehensive income 1
Total shareholders' equity 67,203 67,146
Total liabilities and shareholders' equity $ 318,394 $ 308,485