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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2019
Jun. 30, 2019
ASSETS    
Cash and due from financial institutions $ 1,555 $ 1,870
Interest-bearing demand deposits 10,600 7,991
Cash and cash equivalents 12,155 9,861
Time deposits in other financial institutions 3,465 6,962
Securities available-for-sale 1,046 1,045
Securities held-to-maturity, at amortized cost- approximate fair value of $686 and $775 at September 30, and June 30, 2019, respectively 680 775
Loans held for sale 441
Loans, net of allowance of $1,450 and $1,456 at September 30, and June 30, 2019, respectively 279,633 280,969
Real estate owned, net 965 710
Premises and equipment, net 5,007 5,028
Federal Home Loan Bank stock, at cost 6,482 6,482
Accrued interest receivable 743 758
Bank-owned life insurance 2,538 2,518
Goodwill 14,507 14,507
Prepaid federal income taxes 203 266
Prepaid expenses and other assets 894 890
Total assets 328,759 330,771
LIABILITIES AND SHAREHOLDERS' EQUITY    
Deposits 196,079 195,836
Federal Home Loan Bank advances 64,373 66,703
Advances by borrowers for taxes and insurance 1,050 763
Accrued interest payable 29 28
Deferred federal income taxes 701 701
Other liabilities 487 462
Total liabilities 262,719 264,493
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 35,022 35,056
Retained earnings 33,767 33,867
Unearned employee stock ownership plan (ESOP), 42,938 shares and 47,607 shares at, September 30, and June 30, 2019, respectively (429) (476)
Treasury shares at cost, 286,549 and 266,549 common shares at September 30, and June 30, 2019, respectively (2,410) (2,259)
Accumulated other comprehensive income 4 4
Total shareholders' equity 66,040 66,278
Total liabilities and shareholders' equity $ 328,759 $ 330,771