Kentucky first federal bancorp (KFFB)
Balance Sheet / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11
ASSETS
Cash and due from financial institutions

1,663

1,499

1,555

1,870

1,623

1,657

1,224

2,337

3,718

4,392

4,837

4,035

4,691

5,048

3,868

4,297

4,658

5,305

2,793

3,864

4,826

3,023

4,070

4,191

4,357

4,772

3,547

4,537

4,606

4,882

1,348

1,244

1,743

1,265

857

1,002

Interest-bearing demand deposits

15,362

10,385

10,600

7,991

8,570

8,485

8,707

7,606

5,908

4,968

3,509

8,769

7,962

7,472

9,778

8,811

12,909

9,175

9,872

9,771

5,007

6,765

6,805

7,320

8,631

3,136

9,189

12,003

11,821

10,444

5,975

4,491

2,563

2,893

7,677

4,047

Cash and cash equivalents

17,025

11,884

12,155

9,861

10,193

10,142

9,931

9,943

9,626

9,360

8,346

12,804

12,653

12,520

13,646

13,108

17,567

14,480

12,665

13,635

9,833

9,788

10,875

11,511

12,988

7,908

12,736

16,540

16,427

15,326

7,323

5,735

4,306

4,158

8,534

5,049

Time deposits in other financial institutions

2,723

2,970

3,465

6,962

4,952

4,954

4,952

5,692

6,681

6,681

6,928

4,201

5,199

4,699

4,699

3,711

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest-bearing deposits in other financial institutions

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

100

100

100

100

100

100

100

100

Securities available-for-sale

545

545

1,046

1,045

547

547

546

48

52

66

70

71

77

186

125

134

128

137

155

159

168

164

209

247

250

224

179

205

189

179

187

189

192

12,694

199

203

Securities held-to-maturity, at amortized cost- approximate fair value of $641 and $775 at March 31, 2020 and June 30, 2019, respectively

625

652

680

775

810

857

902

1,002

1,081

1,249

1,368

1,487

2,131

9,275

3,423

4,079

4,751

15,916

5,625

6,423

7,689

16,409

8,673

9,018

9,877

20,200

11,149

12,232

13,395

28,769

4,370

4,756

5,207

5,760

6,363

6,810

Loans held for sale

560

251

441

-

-

-

110

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loans held for sale

-

-

-

-

-

-

-

-

-

240

-

-

195

255

203

-

0

0

121

100

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Loans held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

180

206

-

0

0

0

196

85

440

664

481

-

-

-

0

Loans held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

188

-

Loans, net of allowance of $1,448 and $1,456 at March 31, 2020 and June 30, 2019, respectively

278,639

281,568

279,633

280,969

271,670

273,111

268,881

270,310

264,320

260,806

255,858

258,244

253,200

247,257

241,222

238,468

239,064

243,968

245,012

243,815

244,533

244,346

243,883

246,788

251,179

255,047

258,241

262,491

268,891

271,930

177,930

182,473

182,495

184,045

182,723

182,796

Real estate owned, net

748

766

965

710

729

810

795

710

788

806

777

358

487

414

345

527

1,196

1,138

1,260

1,593

2,285

2,233

1,803

1,846

1,842

1,660

1,478

1,163

1,318

3,558

2,485

2,445

2,630

2,630

2,681

4,304

Premises and equipment, net

4,979

5,036

5,007

5,028

5,009

5,555

5,609

5,652

5,723

5,706

5,753

5,810

5,821

5,899

5,976

6,022

6,039

5,980

5,768

5,235

4,584

4,635

4,632

4,629

4,597

4,591

4,616

4,608

4,653

4,701

2,605

2,644

2,658

2,696

2,696

2,667

Federal Home Loan Bank stock, at cost

6,498

6,482

6,482

6,482

6,482

6,481

6,482

6,482

6,482

6,482

6,482

6,482

6,482

6,482

6,482

6,482

6,482

6,482

6,482

6,482

6,482

6,482

6,482

6,482

6,482

7,732

7,732

7,732

7,732

7,732

5,641

5,641

5,641

5,641

5,641

5,641

Accrued interest receivable

712

690

743

758

745

712

721

706

708

720

679

679

677

676

711

710

690

685

747

725

772

748

900

891

900

928

931

919

996

899

513

497

481

504

490

538

Bank-owned life insurance

2,576

2,557

2,538

2,518

2,500

2,482

2,463

2,444

2,426

2,408

3,182

3,158

3,135

3,111

3,088

3,064

3,041

3,018

2,994

2,971

2,948

2,925

2,902

2,878

2,856

2,833

2,810

2,787

2,764

2,742

2,719

2,697

2,674

2,651

2,629

2,607

Goodwill

14,507

14,507

14,507

14,507

14,507

14,507

14,507

14,507

14,507

14,507

14,507

14,507

14,507

14,507

14,507

14,507

14,507

14,507

14,507

14,507

14,507

14,507

14,507

14,507

14,507

14,507

14,507

14,507

14,507

14,507

14,507

14,507

14,507

14,507

14,507

14,507

Other intangible assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

22

55

87

Prepaid FDIC assessments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

329

401

221

246

274

306

324

361

Prepaid federal income taxes

88

145

203

266

154

183

109

144

90

13

17

74

212

130

60

93

52

26

-

0

144

223

83

227

-

-

-

0

-

268

0

30

0

0

0

22

Prepaid expenses and other assets

755

723

894

890

1,123

613

693

754

462

396

538

610

490

435

622

966

542

501

582

653

555

474

585

631

-

-

-

682

-

-

-

-

-

-

-

-

Deferred federal income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

108

-

-

-

-

-

-

Prepaid expenses and other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

614

763

635

-

874

871

496

508

613

724

415

443

Total assets

330,980

328,776

328,759

330,771

319,421

320,954

316,701

318,394

312,946

309,440

304,505

308,485

305,266

305,846

295,109

291,871

294,059

306,838

295,918

296,298

294,500

303,114

295,740

299,655

306,092

316,393

315,014

324,062

332,260

352,531

219,761

222,949

221,778

236,438

227,545

226,135

LIABILITIES AND SHAREHOLDERS’ EQUITY
Deposits

208,555

199,959

196,079

195,836

195,236

197,277

196,810

195,653

193,736

191,303

188,187

182,845

181,619

183,097

185,503

188,572

190,401

192,485

196,253

199,701

202,173

205,019

211,716

213,142

218,521

220,747

227,021

230,981

233,297

234,342

133,337

134,552

135,434

136,595

140,759

139,940

Federal Home Loan Bank advances

55,042

61,615

64,373

66,703

56,038

55,536

50,014

53,052

49,498

48,627

46,230

55,780

53,839

53,110

39,147

33,211

33,792

44,532

29,231

26,635

22,644

29,047

14,188

17,200

18,229

27,016

18,734

24,310

31,010

50,948

24,498

27,065

24,662

38,715

24,634

25,261

Advances by borrowers for taxes and insurance

517

231

1,050

763

475

216

1,039

762

518

236

1,054

818

552

242

1,014

741

486

235

972

699

455

205

867

616

411

196

803

562

385

168

625

487

340

141

645

471

Accrued interest payable

33

30

29

28

29

24

24

22

24

23

22

21

30

29

21

22

30

32

33

32

32

31

34

32

37

36

38

36

41

55

49

64

74

82

94

91

Accrued federal income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

112

78

-

-

-

0

211

32

124

45

-

-

-

0

159

94

550

-

Accrued federal income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

110

-

620

566

570

1,021

Deferred federal income taxes

703

701

701

701

586

569

557

443

429

433

696

719

738

795

666

642

661

706

578

569

600

423

256

210

276

152

163

241

-

0

771

774

-

-

-

-

Deferred revenue

-

-

-

-

-

-

0

558

562

567

578

578

582

586

591

595

599

603

606

610

614

618

628

631

635

639

664

641

718

642

645

648

650

665

667

0

Other liabilities

561

431

487

462

549

522

883

701

669

586

628

578

659

526

680

573

643

654

620

661

938

577

834

619

644

570

746

624

708

588

642

506

564

599

762

654

Total liabilities

265,411

262,967

262,719

264,493

252,913

254,144

249,327

251,191

245,436

241,775

237,395

241,339

238,019

238,385

227,622

224,356

226,612

239,247

228,405

228,985

227,456

235,920

228,523

232,450

238,964

249,388

248,293

257,440

266,159

286,743

160,677

164,096

162,503

177,457

168,681

167,438

Commitments and contingencies

-

-

-

-

-

-

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Shareholders’ equity
Preferred stock, 500,000 shares authorized, $.01 par value; no shares issued and outstanding

-

-

-

-

-

-

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Common stock, 20,000,000 shares authorized, $.01 par value; 8,596,064 shares issued

86

86

86

86

86

86

86

86

86

86

86

86

86

86

86

86

86

86

86

86

86

86

86

86

86

86

86

86

86

86

86

86

86

86

86

86

Additional paid-in capital

34,998

35,011

35,022

35,056

35,056

35,056

35,085

35,085

35,085

35,084

35,084

35,084

35,075

34,649

34,645

34,639

34,636

34,628

34,631

34,638

34,646

34,655

34,624

34,671

34,678

34,751

34,724

34,732

34,748

34,757

36,857

36,870

36,877

36,882

36,880

36,907

Retained earnings

33,551

33,663

33,767

33,867

33,916

34,078

34,264

34,050

34,403

34,605

34,097

34,180

34,336

34,539

34,657

34,732

34,723

34,917

34,871

34,711

34,479

34,318

34,063

34,027

33,989

33,882

33,667

33,604

33,126

32,859

32,216

31,971

32,350

32,102

31,999

31,860

Unearned employee stock ownership plan (ESOP), 33,600 shares and 47,607 shares at March 31, 2020 and June 30, 2019, respectively

336

383

429

476

523

569

616

663

710

756

803

850

896

943

990

1,036

1,083

1,130

1,176

1,223

1,270

1,317

1,363

1,410

1,456

1,569

1,580

1,626

1,673

1,720

1,712

1,772

1,826

1,877

1,934

1,989

Treasury shares at cost, 333,849 and 266,549 common shares at March 31, 2020 and June 30, 2019, respectively

2,734

2,571

2,410

2,259

2,029

1,842

1,444

1,355

1,355

1,355

1,355

1,355

1,355

937

937

937

937

937

937

937

937

584

239

239

239

197

197

197

197

197

8,366

8,305

8,215

8,215

8,170

8,170

Accumulated other comprehensive income

4

3

4

4

2

1

-1

-

1

1

1

1

1

67

26

31

22

27

38

38

40

36

46

70

70

52

21

23

11

3

3

3

3

3

3

3

Total shareholders’ equity

65,569

65,809

66,040

66,278

66,508

66,810

67,374

67,203

67,510

67,665

67,110

67,146

67,247

67,461

67,487

67,515

67,447

67,591

67,513

67,313

67,044

67,194

67,217

67,205

67,128

67,005

66,721

66,622

66,101

65,788

59,084

58,853

59,275

58,981

58,864

58,697

Total liabilities and shareholders’ equity

330,980

328,776

328,759

330,771

319,421

320,954

316,701

318,394

312,946

309,440

304,505

308,485

305,266

305,846

295,109

291,871

294,059

306,838

295,918

296,298

294,500

303,114

295,740

299,655

306,092

316,393

315,014

324,062

332,260

352,531

219,761

222,949

221,778

236,438

227,545

226,135