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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Sep. 30, 2021
Jun. 30, 2021
ASSETS    
Cash and due from banks $ 8,368 $ 11,102
Interest bearing deposits with other banks 119,580 157,620
Total cash and cash equivalents 127,948 168,722
Interest-bearing time deposits 1,350 1,850
Securities available for sale 127,007 123,335
Securities held to maturity, fair value of $37,669 and $0, as of September 30, 2021 and June 30, 2021, respectively 38,127  
Equity securities 2,635  
Loans receivable, net of allowance for loan losses of $3,591 and $3,613 as of September 30, 2021 and June 30, 2021, respectively 454,157 461,196
Premises and equipment, net 13,464 13,439
Regulatory stock, at cost 2,597 2,954
Deferred income taxes 3,716 3,574
Bank-owned life insurance 37,469 35,231
Goodwill 4,858 4,858
Intangible assets 880 937
Accrued interest receivable and other assets 8,733 6,312
TOTAL ASSETS 822,941 822,408
LIABILITIES    
Deposits 561,204 553,103
Advances from Federal Home Loan Bank 34,000 41,000
Advances from borrowers for taxes and insurance 2,064 3,731
Accrued interest payable and other liabilities 12,628 7,648
TOTAL LIABILITIES 609,896 605,482
Commitments and contingencies (note 11)
STOCKHOLDERS' EQUITY    
Preferred stock, $0.01 par value, 50,000,000 shares authorized; no shares issued
Common Stock, $0.01 par value, 150,000,000 shares authorized; 15,170,566 shares issued and outstanding at both September 30, 2021 and June 30, 2021 152 152
Additional paid-in capital 168,354 168,349
Unearned common stock held by employee stock ownership plan (9,901) (10,004)
Retained earnings 55,102 58,493
Accumulated other comprehensive loss (662) (64)
TOTAL WILLIAM PENN BANCORPORATION STOCKHOLDERS' EQUITY 213,045 216,926
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 822,941 $ 822,408