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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Jun. 30, 2021
Jun. 30, 2020
ASSETS    
Cash and due from banks $ 11,102 $ 21,385
Interest bearing deposits with other banks 157,620 56,755
Federal funds sold   4,775
Total cash and cash equivalents 168,722 82,915
Interest-bearing time deposits 1,850 2,300
Securities available for sale 123,335 89,998
Loans receivable, net of allowance for loan losses of $3,613 and $3,519 as of June 30, 2021 and 2020, respectively 461,196 508,605
Premises and equipment, net 13,439 16,733
Regulatory stock, at cost 2,954 4,200
Deferred income taxes 3,574 4,817
Bank-owned life insurance 35,231 14,758
Goodwill 4,858 4,858
Intangible assets 937 1,192
Accrued interest receivable and other assets 6,312 6,076
TOTAL ASSETS 822,408 736,452
LIABILITIES    
Deposits 553,103 559,848
Advances from Federal Home Loan Bank 41,000 64,892
Advances from borrowers for taxes and insurance 3,731 4,536
Accrued interest payable and other liabilities 7,648 10,811
TOTAL LIABILITIES 605,482 640,087
Commitments and contingencies (note 15)
STOCKHOLDERS' EQUITY    
Preferred stock, $.01 par value, 50,000,000 shares authorized; no shares issued
Common Stock, $.01 par value, 150,000,000 shares authorized; 15,170,566 shares issued and outstanding as of June 30, 2021 and $.03 par value, 159,666,500 shares authorized; 15,208,410 shares issued and 14,628,530 shares outstanding as of June 30, 2020 152 467
Additional paid-in capital 168,349 42,932
Treasury Stock, 0 and 579,879 shares at cost at June 30, 2021 and June 30, 2020, respectively   (3,710)
Unearned common stock held by employee stock ownership plan (10,004)  
Retained earnings 58,493 56,600
Accumulated other comprehensive (loss) income (64) 76
TOTAL WILLIAM PENN BANCORPORATION STOCKHOLDERS' EQUITY 216,926 96,365
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 822,408 $ 736,452