(Consolidated)
(Dollars in Thousands)
|
September 30, 2009 |
June 30, 2009 (Unaudited) |
|
| ASSETS | ||
| Cash and due from banks | $3,687 | $2,487 |
| Interest bearing deposits with banks | 944 | 224 |
| Federal Funds sold | 3,211 | 3,617 |
| Securities available for sale, at market value | 92,100 | 82,263 |
| Securities held to maturity, at cost | 265 | 375 |
| Preferred stock- SFAS 159, at market value | 108 | 25 |
| Federal Home Loan Bank stock, at cost | 2,000 | 2,000 |
| Investment in Eagle Bancorp Statutory Trust I | 155 | 155 |
| Mortgage loans held for sale | 3,494 | 5,349 |
| Loans receivable, net of deferred loan fees and allowance for loan losses of $625 at September 30, 2009 and $525 at June 30, 2009 | 168,185 | 167,197 |
| Accrued interest and dividends receivable | 1,540 | 1,399 |
| Mortgage servicing rights, net | 2,315 | 2,208 |
| Premises and equipment, net | 15,371 | 13,761 |
| Cash surrender value of life insurance | 6,544 | 6,496 |
| Real estate acquired in settlement of loans, net of allowance for losses | 158 | - |
| Other assets | 603 | 2,153 |
| Total assets | $300,608 | $289,709 |
| LIABILITIES | ||
| Noninterest bearing | $18,902 | $14,247 |
| Interest bearing | 176,178 | 172,952 |
| Accrued expenses and other liabilities | 3,379 | 2,507 |
| Federal Funds Purchased | - | - |
| Federal Home Loan Bank advances and other borrowings | 66,639 | 67,056 |
| Subordinated Debentures | 5,155 | 5,155 |
| Total liabilities | $270,253 | $261,917 |
| EQUITY | ||
| Preferred stock (no par value; 1,000,000 shares authorized, non issued or outstanding) | - | - |
| Common stock (par value $0.01 per share; 9,000,000 shares authorized; 1,223,572 shares issued; 1,074,507 and 1,075,312 shares outstanding at Sept 30, 2009 and June 30, 2009, respectively) | 12 | 12 |
| Additional paid-in capital | 4,589 | 4,564 |
| Unallocated common stock held by ESOP | (9) | (18) |
| Treasury stock, at cost (149,065 and 148,260 shares at Sept 30, 2009 and June 30, 2009 respectively) | (5,056) | (5,034) |
| Retained earnings | 29,583 | 28,850 |
| Net accumulated other comprehensive income (loss) | 1,308 | (582) |
| Total equity | 30,427 | 27,792 |
| Total liabilities and equity | $300,680 | $289,709 |
