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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Dec. 31, 2020
Jun. 30, 2020
ASSETS    
Cash and due from banks $ 23,583 $ 21,385
Interest bearing deposits with other banks 62,675 56,755
Federal funds sold   4,775
Total cash and cash equivalents 86,258 82,915
Interest-bearing time deposits 2,300 2,300
Securities available for sale 112,909 89,998
Loans receivable, net of allowance for loan losses of $3,587 and $3,519, respectively 494,805 508,605
Premises and equipment, net 13,543 16,733
Regulatory stock, at cost 3,133 4,200
Deferred income taxes 3,721 4,817
Bank-owned life insurance 14,968 14,758
Goodwill 4,858 4,858
Intangible assets 1,064 1,192
Accrued interest receivable and other assets 8,968 6,076
TOTAL ASSETS 746,527 736,452
LIABILITIES    
Deposits 597,079 559,848
Advances from Federal Home Loan Bank 41,000 64,892
Advances from borrowers for taxes and insurance 3,056 4,536
Accrued interest payable and other liabilities 8,203 10,811
TOTAL LIABILITIES 649,338 640,087
STOCKHOLDERS' EQUITY    
Preferred stock, no par value, 1,000,000 shares authorized; no shares issued
Common Stock, $.10 par value, 49,000,000 shares authorized; 4,667,304 shares issued and 4,489,345 shares outstanding at December 31, 2020 and June 30, 2020, respectively. 467 467
Additional paid-in capital 42,932 42,932
Treasury Stock, 177,959 shares at cost at December 31, 2020 and June 30, 2020, respectively. (3,710) (3,710)
Retained earnings 56,760 56,600
Accumulated other comprehensive income 740 76
TOTAL WILLIAM PENN BANCORP, INC. STOCKHOLDERS' EQUITY 97,189 96,365
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 746,527 $ 736,452