v2.4.0.6
CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2013
Jun. 30, 2012
ASSETS:    
Cash on hand and noninterest-bearing deposits in financial institutions $ 6,922 $ 6,663
Federal funds sold and interest-bearing deposits in financial institutions 2,434 7,082
Total cash and cash equivalents 9,356 13,745
Certificate of deposits in financial institutions 4,175 5,645
Securities, available-for-sale 97,229 105,335
Securities, held-to-maturity (fair value 2013 $2,926) 3,000 0
Federal bank and other restricted stocks, at cost 1,186 1,186
Loans held for sale 93 377
Total loans 217,040 197,430
Less allowance for loan losses (2,496) (2,335)
Net loans 214,544 195,095
Cash surrender value of life insurance 5,789 5,605
Premises and equipment, net 5,708 5,752
Accrued interest receivable and other assets 2,409 2,021
Total assets 343,489 334,761
LIABILITIES:    
Non-interest bearing demand 71,148 65,915
Interest bearing demand 37,529 35,055
Savings 106,221 99,041
Time 79,209 84,470
Total deposits 294,107 284,481
Short-term borrowings 12,490 13,722
Federal Home Loan Bank advances 6,366 6,446
Accrued interest payable and other liabilities 2,383 2,222
Total liabilities 315,346 306,871
Commitments and contingent liabilities 0 0
SHAREHOLDERS' EQUITY:    
Preferred stock, no par value; 350,000 shares authorized 0 0
Common shares, no par value; 3,500,000 shares authorized; 2,198,465 and 2,186,791 shares issued as of June 30, 2013 and 2012, respectively 5,393 5,205
Retained earnings 24,416 22,740
Treasury stock, at cost (129,855 and 130,442 common shares at June 30, 2013 and 2012, respectively) (1,650) (1,659)
Accumulated other comprehensive income (16) 1,604
Total shareholders' equity 28,143 27,890
Total liabilities and shareholders' equity $ 343,489 $ 334,761