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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2019
Jun. 30, 2018
Assets    
Cash and cash equivalents $ 35,400 $ 26,326
Interest-bearing time deposits 969 1,953
Available for sale securities (Note 2) 165,535 146,325
Stock in FHLB of Des Moines 5,233 5,661
Stock in Federal Reserve Bank of St. Louis 4,350 3,566
Loans receivable, net of allowance for loan losses of $19,903 and $18,214 at June 30, 2019 and June 30, 2018, respectively (Notes 3 and 4) 1,846,405 1,563,380
Accrued interest receivable 10,189 7,992
Premises and equipment, net (Note 5) 62,727 54,832
Bank owned life insurance - cash surrender value 38,337 37,547
Goodwill 14,089 13,078
Other intangible assets, net 9,239 6,918
Prepaid expenses and other assets 21,929 18,537
TOTAL ASSETS 2,214,402 1,886,115
Liabilities and Stockholders' Equity    
Deposits (Note 6) 1,893,695 1,579,902
Securities sold under agreements to repurchase (Note 7) 4,376 3,267
Advances from FHLB of Des Moines (Note 8) 44,908 76,652
Note payable (Note 9) 3,000 3,000
Accounts payable and other liabilities 12,889 6,449
Accrued interest payable 2,099 1,206
Subordinated debt (Note 10) 15,043 14,945
TOTAL LIABILITIES 1,976,010 1,685,421
Commitments and contingencies (Note 15) 0 0
Common stock, $.01 par value; 25,000,000 and 12,000,000 shares authorized; 9,324,659 and 8,996,584 shares issued, respectively, at June 30, 2019 and June 30, 2018 93 90
Additional paid-in capital 94,541 83,413
Retained earnings 143,677 119,536
Treasury stock of 35,351 and 0 shares at June 30, 2019 and June 30, 2018, respectively, at cost (1,166) 0
Accumulated other comprehensive income (loss) 1,247 (2,345)
TOTAL STOCKHOLDERS' EQUITY 238,392 200,694
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 2,214,402 $ 1,886,115