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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2019
Jun. 30, 2018
ASSETS    
Cash and due from financial institutions $ 1,623 $ 2,337
Interest-bearing demand deposits 8,570 7,606
Cash and cash equivalents 10,193 9,943
Time deposits in other financial institutions 4,952 5,692
Securities available-for-sale 547 48
Securities held-to-maturity, at amortized cost- approximate fair value of $809 and $998 at March 31, 2019 and June 30, 2018, respectively 810 1,002
Loans, net of allowance of $1,529 and $1,576 at March 31, 2019 and June 30, 2018, respectively 271,670 270,310
Real estate owned, net 729 710
Premises and equipment, net 5,009 5,652
Federal Home Loan Bank stock, at cost 6,482 6,482
Accrued interest receivable 745 706
Bank-owned life insurance 2,500 2,444
Goodwill 14,507 14,507
Prepaid federal income taxes 154 144
Prepaid expenses and other assets 1,123 754
Total assets 319,421 318,394
LIABILITIES AND SHAREHOLDERS' EQUITY    
Deposits 195,236 195,653
Federal Home Loan Bank advances 56,038 53,052
Advances by borrowers for taxes and insurance 475 762
Accrued interest payable 29 22
Deferred federal income taxes 586 443
Deferred revenue 558
Other liabilities 549 701
Total liabilities 252,913 251,191
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 33,916 34,050
Unearned employee stock ownership plan (ESOP), 52,276 shares and 66,283 shares at, March 31, 2019 and June 30, 2018, respectively (523) (663)
Treasury shares at cost, 236,749 and 151,549 common shares at March 31, 2019 and June 30, 2018, respectively (2,029) (1,355)
Accumulated other comprehensive income 2
Total shareholders' equity 66,508 67,203
Total liabilities and shareholders' equity $ 319,421 $ 318,394