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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Interest income:    
Loans, including fees $ 11,034 $ 10,642
Federal funds sold and interest-bearing deposits in financial institutions 73 47
Securities, taxable 1,887 1,606
Securities, tax-exempt 1,363 1,361
Total interest and dividend income 14,357 13,656
Interest expense:    
Deposits 736 783
Short-term borrowings 31 26
Federal Home Loan Bank advances 182 186
Total interest expense 949 995
Net interest income 13,408 12,661
Provision for loan losses 430 249
Net interest income after provision for loan losses 12,978 12,412
Other income:    
Service charges on deposit accounts 1,229 1,321
Debit card interchange income 916 877
Bank owned life insurance income 183 178
Gain on sale of mortgage loans 231 125
Securities gains, net 160 49
Gain (loss) on disposition of other real estate owned 30 (10)
Other 225 221
Total other income 2,974 2,761
Other expenses:    
Salaries and employee benefits 6,831 6,360
Occupancy and equipment 1,456 1,325
Data processing expenses 573 563
Professional and director fees 438 466
Federal Deposit Insurance Corporation assessments 226 233
Franchise taxes 315 303
Marketing and advertising 248 243
Loan and collection expenses 125 198
Telephone and communications 288 279
Debit card processing expenses 462 428
Other 1,314 1,284
Total other expenses 12,276 11,682
Income before income taxes 3,676 3,491
Income tax expense 718 654
Net income $ 2,958 $ 2,837
Basic earnings per share $ 1.09 $ 1.05
Diluted earnings per share $ 1.08 $ 1.05