v2.4.0.6

CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (USD $) In Thousands, unless otherwise specified	Mar. 31, 2012	Jun. 30, 2011
Assets:
Cash on hand and due from banks	$ 4,162	$ 3,631
Interest bearing deposits in other banks	20,602	24,838
Total cash and cash equivalents	24,764	28,469
Securities available for sale	39,753	39,814
Loans receivable, net of allowance for loan losses of $3,918 and $4,194, respectively	177,855	182,570
Securities required by law, at cost	1,823	2,286
Real estate acquired through foreclosure and other repossessed assets	2,203	1,689
Property and equipment, net	3,447	3,576
Intangible assets	103	142
Accrued interest receivable	766	857
Bank owned life insurance	2,353	2,294
Other assets	1,762	2,933
Total Assets	254,829	264,630
Liabilities and Stockholders' Equity
Non-interest bearing deposits	10,972	10,494
Interest bearing deposits	216,352	220,812
Total deposits	227,324	231,306
Junior subordinated debentures	5,000	5,000
Long-term debt	9,000	12,000
Accrued expenses and other liabilities	1,804	1,971
Total Liabilities	243,128	250,277
Stockholders' equity:
Preferred stock - Series A Cumulative perpetual; $0.01 par value; authorized 1,000,000 shares with a liquidation preference of $1,000 per share; 6,000 shares issued and outstanding	5,884	5,833
Warrant preferred stock - Series B Cumulative perpetual; $0.01 par value; authorized 1,000,000 shares with a liquidation preference of $1,000 per share; 300 shares issued and outstanding	313	319
Common stock - $0.01 par value; authorized 4,000,000 shares; issued and outstanding 1,971,843 shares and 1,939,593 shares, respectively	20	19
Additional paid in capital	7,899	7,876
(Accumulated deficit)/Retained earnings, substantially restricted	(2,434)	267
Accumulated other comprehensive income, net of taxes	19	39
Total Stockholders' Equity	11,701	14,353
Total Liabilities and Stockholders' Equity	$ 254,829	$ 264,630

Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Also includes, The aggregate carrying amount, as of the balance sheet date, of liabilities not separately disclosed in the balance sheet.

PATAPSCO BANCORP INC 10-Q