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Consolidated Statements of Financial Condition (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2019
Jun. 30, 2019
ASSETS    
Total cash and cash equivalents $ 110,852 $ 29,538
Long term certificates of deposit 3,626 2,875
Securities available-for-sale, at fair value 159,263 122,728
Securities held-to-maturity, at amortized cost (fair value $315,322 at September 30, 2019; $313,613 at June 30, 2019) 304,582 304,208
Equity securities, at fair value 251 253
Federal Home Loan Bank stock, at cost 1,399 1,759
Loans 818,176 798,105
Allowance for loan losses (13,444) (13,200)
Unearned origination fees and costs, net 807 833
Net loans receivable 805,539 785,738
Premises and equipment, net 13,336 13,255
Accrued interest receivable 5,970 5,853
Foreclosed real estate 303 53
Prepaid expenses and other assets 4,599 3,202
Total assets 1,409,720 1,269,462
LIABILITIES AND SHAREHOLDERS' EQUITY    
Noninterest-bearing deposits 115,474 107,469
Interest-bearing deposits 1,147,736 1,013,100
Total deposits 1,263,210 1,120,569
Borrowings from Federal Home Loan Bank, short-term 0 8,000
Borrowings from Federal Home Loan Bank, long-term 13,600 13,600
Accrued expenses and other liabilities 16,381 14,924
Total liabilities 1,293,191 1,157,093
SHAREHOLDERS' EQUITY    
Preferred stock, Authorized - 1,000,000 shares; Issued - None 0 0
Common stock, par value $.10 per share; Authorized - 12,000,000 shares; Issued - 8,611,340; Outstanding - 8,537,814 861 861
Additional paid-in capital 11,017 11,017
Retained earnings 106,205 101,774
Accumulated other comprehensive loss (1,277) (1,006)
Treasury stock, at cost 73,526 shares (277) (277)
Total shareholders' equity 116,529 112,369
Total liabilities and shareholders' equity $ 1,409,720 $ 1,269,462