|
CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (USD $) In Thousands, unless otherwise specified
|
Sep. 30, 2012
|
Jun. 30, 2012
|
| ASSETS |
|
|
| Cash and due from banks |
$ 3,357 |
$ 3,534 |
| Interest-bearing deposits with banks |
1,751 |
16,280 |
| Federal funds sold |
6,632 |
|
| Total cash and cash equivalents |
11,740 |
19,814 |
| Securities available-for-sale, at market value |
98,253 |
89,277 |
| Federal Home Loan Bank stock, at cost |
1,985 |
2,003 |
| Investment in Eagle Bancorp Statutory Trust I |
155 |
155 |
| Mortgage loans held-for-sale |
9,160 |
10,613 |
| Loans receivable, net of deferred loan expenses and allowance for loan losses of $1,800 at September 30, 2012 and $1,625 at June 30, 2012 |
167,186 |
173,839 |
| Accrued interest and dividends receivable |
1,352 |
1,371 |
| Mortgage servicing rights, net |
2,350 |
2,218 |
| Premises and equipment, net |
15,530 |
15,561 |
| Cash surrender value of life insurance |
9,247 |
9,172 |
| Real estate & other repossessed assets acquired in settlement of loans, net of allowance for losses |
1,937 |
2,361 |
| Other assets |
1,142 |
915 |
| Total assets |
320,037 |
327,299 |
| Deposit accounts: |
|
|
| Noninterest bearing |
26,031 |
23,425 |
| Interest bearing |
194,870 |
196,564 |
| Total |
220,901 |
219,989 |
| Accrued expenses and other liabilities |
6,356 |
5,809 |
| Federal funds purchased |
|
|
| FHLB advances and other borrowings |
33,646 |
42,696 |
| Subordinated debentures |
5,155 |
5,155 |
| Total liabilities |
266,058 |
273,649 |
| EQUITY |
|
|
| Preferred stock (no par value, 1,000,000 shares authorized, none issued or outstanding) |
|
|
| Common stock (par value $0.01 per share; 8,000,000 shares authorized; 4,083,127 shares issued; 3,878,971 shares oustanding at September 30, 2012 and June 30, 2012) |
41 |
41 |
| Additional paid-in capital |
22,113 |
22,112 |
| Unallocated common stock held by employee stock ownership plan ("ESOP") |
(1,514) |
(1,556) |
| Treasury stock, at cost |
(2,210) |
(2,210) |
| Retained earnings |
33,135 |
32,990 |
| Accumulated other comprehensive income |
2,414 |
2,273 |
| Total equity |
53,979 |
53,650 |
| Total liabilities and equity |
$ 320,037 |
$ 327,299 |