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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Dec. 31, 2017
Jun. 30, 2017
ASSETS    
Cash and due from financial institutions $ 4,392 $ 4,035
Interest-bearing demand deposits 4,968 8,769
Cash and cash equivalents 9,360 12,804
Time deposits in other financial institutions 6,681 4,201
Securities available for sale 66 71
Securities held-to-maturity, at amortized cost- approximate fair value of $1,271 and $1,523 at December 31, and June 30, 2017, respectively 1,249 1,487
Loans held for sale 240  
Loans, net of allowance of $1,531 and $1,533 at December 31, and June 30, 2017, respectively 260,806 258,244
Real estate owned, net 806 358
Premises and equipment, net 5,706 5,810
Federal Home Loan Bank stock, at cost 6,482 6,482
Accrued interest receivable 720 679
Bank-owned life insurance 2,408 3,158
Goodwill 14,507 14,507
Prepaid federal income taxes 13 74
Prepaid expenses and other assets 396 610
Total assets 309,440 308,485
LIABILITIES AND SHAREHOLDERS' EQUITY    
Deposits 191,303 182,845
Federal Home Loan Bank advances 48,627 55,780
Advances by borrowers for taxes and insurance 236 818
Accrued interest payable 23 21
Deferred federal income taxes 433 719
Deferred revenue 567 578
Other liabilities 586 578
Total liabilities 241,775 241,339
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 34,605 34,180
Unearned employee stock ownership plan (ESOP), 75,621 shares and 84,959 shares at December 31, and June 30, 2017, respectively (756) (850)
Treasury shares at cost, 151,549 and 151,549 common shares at December 31, and June 30, 2017, respectively (1,355) (1,355)
Accumulated other comprehensive income 1 1
Total shareholders' equity 67,665 67,146
Total liabilities and shareholders' equity $ 309,440 $ 308,485