XML 13 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Dec. 31, 2018
Jun. 30, 2018
ASSETS    
Cash and due from financial institutions $ 1,657 $ 2,337
Interest-bearing demand deposits 8,485 7,606
Cash and cash equivalents 10,142 9,943
Time deposits in other financial institutions 4,954 5,692
Securities available-for-sale 547 48
Securities held-to-maturity, at amortized cost- approximate fair value of $847 and $998 at December 31, and June 30, 2018, respectively 857 1,002
Loans, net of allowance of $1,529 and $1,576 at December 31, and June 30, 2018, respectively 273,111 270,310
Real estate owned, net 810 710
Premises and equipment, net 5,555 5,652
Federal Home Loan Bank stock, at cost 6,481 6,482
Accrued interest receivable 712 706
Bank-owned life insurance 2,482 2,444
Goodwill 14,507 14,507
Prepaid federal income taxes 183 144
Prepaid expenses and other assets 613 754
Total assets 320,954 318,394
LIABILITIES AND SHAREHOLDERS' EQUITY    
Deposits 197,277 195,653
Federal Home Loan Bank advances 55,536 53,052
Advances by borrowers for taxes and insurance 216 762
Accrued interest payable 24 22
Deferred federal income taxes 569 443
Deferred revenue 558
Other liabilities 522 701
Total liabilities 254,144 251,191
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 35,056 35,085
Retained earnings 34,078 34,050
Unearned employee stock ownership plan (ESOP), 56,945 shares and 66,283 shares at, December 31, and June 30, 2018, respectively (569) (663)
Treasury shares at cost, 212,749 and 151,549 common shares at December 31, and June 30, 2018, respectively (1,842) (1,355)
Accumulated other comprehensive loss 1
Total shareholders' equity 66,810 67,203
Total liabilities and shareholders' equity $ 320,954 $ 318,394