(Consolidated)
(Dollars in Thousands)
| September 30, 2011 (Unaudited) |
June 30, 2011 |
|
| ASSETS | ||
| Cash and due from banks | $3,444 | $2,703 |
| Interest bearing deposits with banks | 2,159 | 1,837 |
| Federal Funds sold | 5,000 | 5,000 |
| Securities available for sale, at market value | 102,888 | 102,700 |
| Federal Home Loan Bank stock, at cost | 2,003 | 2,003 |
| Investment in Eagle Bancorp Statutory Trust I | 155 | 155 |
| Loans held-for-sale | 3,160 | 1,784 |
| Net Loans | 186,237 | 185,471 |
| Accrued interest and dividends receivable | 1,548 | 1,558 |
| Mortgage servicing rights, net | 2,133 | 2,142 |
| Premises and equipment, net | 16,017 | 16,151 |
| Cash surrender value of life insurance | 8,955 | 6,900 |
| Real estate acquired in settlement of loans, net of allowance for losses | 1,303 | 1,181 |
| Other assets | 906 | 1,508 |
| Total assets | $335,908 |
$331,093 |
| LIABILITIES | ||
| Noninterest bearing | $21,650 | $19,052 |
| Interest bearing | 191,970 | 190,134 |
| Accrued expense and other liabilities | 4,889 | 3,371 |
| Federal Funds Purchased | - | - |
| Federal Home Loan Bank advances and other borrowings | 58,846 | 60,898 |
| Subordinated Debentures | 5,155 | 5,155 |
| Total liabilities | $282,510 | $278,608 |
| EQUITY | ||
| Preferred stock (no par value; 1,000,000 shares authorized, none issued or outstanding) | - | - |
| Common stock (par value $0.01; 8,000,000 shares authorized; 4,083,127 shares issued; 3,901,487; and 4,083,127 outstanding at Sept 30, 2011 and June 30, 2011, respectively | 41 | 41 |
| Additional paid-in capital | 22,112 | 22,110 |
| Unallocated common stock held by ESOP | (1,681) | (1,722) |
| Treasury stock, at cost (181,640 and 164,440 at Sept 30, 2011 and June 30,2011) | (1,981) | (1,796) |
| Retained earnings | 32,068 | 31,918 |
| Accumulated other comprehensive gain | 2,839 | 1,934 |
| Total Shareholders' equity | 53,398 | 52,485 |
| Total liabilities and shareholders' equity | $335,908 | $331,093 |
