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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Jun. 30, 2022
Jun. 30, 2021
ASSETS    
Cash and due from banks $ 8,117 $ 11,102
Interest bearing deposits with other banks 28,053 157,620
Total cash and cash equivalents 36,170 168,722
Interest-bearing time deposits 600 1,850
Securities available for sale 182,745 123,335
Securities held to maturity, fair value of $88,321 and $0, as of June 30, 2022 and 2021, respectively 102,135  
Equity securities 2,258  
Loans receivable, net of allowance for loan losses of $3,409 and $3,613 as of June 30, 2022 and 2021, respectively 475,511 461,196
Premises and equipment, net 11,696 13,439
Regulatory stock, at cost 3,807 2,954
Deferred income taxes 7,459 3,574
Bank-owned life insurance 39,170 35,231
Goodwill 4,858 4,858
Intangible assets 712 937
Operating lease right-of-use assets 6,843 2,108
Accrued interest receivable and other assets 5,988 4,204
TOTAL ASSETS 879,952 822,408
LIABILITIES    
Deposits 606,617 553,103
Advances from Federal Home Loan Bank 65,000 41,000
Advances from borrowers for taxes and insurance 3,356 3,731
Operating lease liabilities 6,949 2,307
Accrued interest payable and other liabilities 5,704 5,341
TOTAL LIABILITIES 687,626 605,482
Commitments and contingencies (note 14)
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; 14,896,590 shares issued and outstanding at June 30, 2022 and 15,170,566 shares issued and outstanding at June 30, 2021 149 152
Additional paid-in capital 159,546 168,349
Unearned common stock held by employee stock ownership plan (9,599) (10,004)
Retained earnings 57,587 58,493
Accumulated other comprehensive loss (15,357) (64)
TOTAL WILLIAM PENN BANCORPORATION STOCKHOLDERS' EQUITY 192,326 216,926
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 879,952 $ 822,408