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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2018
Jun. 30, 2018
ASSETS    
Cash and due from financial institutions $ 1,224 $ 2,337
Interest-bearing demand deposits 8,707 7,606
Cash and cash equivalents 9,931 9,943
Time deposits in other financial institutions 4,952 5,692
Securities available-for-sale 546 48
Securities held-to-maturity, at amortized cost- approximate fair value of $890 and $998 at September 30, and June 30, 2018, respectively 902 1,002
Loans held-for-sale 110
Loans, net of allowance of $1,571 and $1,576 at September 30, and June 30, 2018, respectively 268,881 270,310
Real estate owned, net 795 710
Premises and equipment, net 5,609 5,652
Federal Home Loan Bank stock, at cost 6,482 6,482
Accrued interest receivable 721 706
Bank-owned life insurance 2,463 2,444
Goodwill 14,507 14,507
Prepaid federal income taxes 109 144
Prepaid expenses and other assets 693 754
Total assets 316,701 318,394
LIABILITIES AND SHAREHOLDERS' EQUITY    
Deposits 196,810 195,653
Federal Home Loan Bank advances 50,014 53,052
Advances by borrowers for taxes and insurance 1,039 762
Accrued interest payable 24 22
Deferred federal income taxes 557 443
Deferred revenue 558
Other liabilities 883 701
Total liabilities 249,327 251,191
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 35,085 35,085
Retained earnings 34,264 34,050
Unearned employee stock ownership plan (ESOP), 61,614 shares and 66,283 shares at September 30, and June 30, 2018, respectively (616) (663)
Treasury shares at cost, 162,749 and 151,549 common shares at September 30, and June 30, 2018, respectively (1,444) (1,355)
Accumulated other comprehensive loss (1)
Total shareholders' equity 67,374 67,203
Total liabilities and shareholders' equity $ 316,701 $ 318,394