v2.4.0.6
CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2012
Jun. 30, 2011
ASSETS:    
Cash on hand and noninterest-bearing deposits in financial institutions $ 6,663 $ 5,944
Federal funds sold and interest-bearing deposits in financial institutions 7,082 7,884
Total cash and cash equivalents 13,745 13,828
Certificate of deposits in financial institutions 5,645 4,900
Securities, available-for-sale 105,335 91,889
Federal bank and other restricted stocks, at cost 1,186 1,186
Loans held for sale 377 0
Total loans 197,430 177,551
Less allowance for loan losses (2,335) (2,101)
Net loans 195,095 175,450
Cash surrender value of life insurance 5,605 5,411
Premises and equipment, net 5,752 4,776
Intangible assets, net 0 89
Other real estate owned 0 76
Accrued interest receivable and other assets 2,021 2,535
Total assets 334,761 300,140
LIABILITIES:    
Non-interest bearing demand 65,915 64,657
Interest bearing demand 35,055 14,829
Savings 99,041 79,816
Time 84,470 88,944
Total deposits 284,481 248,246
Short-term borrowings 13,722 17,012
Federal Home Loan Bank advances 6,446 7,535
Accrued interest payable and other liabilities 2,222 2,023
Total liabilities 306,871 274,816
Commitments and contingent liabilities      
SHAREHOLDERS' EQUITY:    
Preferred stock, no par value; 350,000 shares authorized 0 0
Common shares, no par value; 3,500,000 shares authorized; 2,186,791 and 2,180,315 shares issued as of June 30, 2012 and 2011, respectively 5,205 5,114
Retained earnings 22,740 20,881
Treasury stock, at cost (130,442 common shares at June 30, 2012 and 2011) (1,659) (1,659)
Accumulated other comprehensive income 1,604 988
Total shareholders' equity 27,890 25,324
Total liabilities and shareholders' equity $ 334,761 $ 300,140