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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Interest income    
Loans, including fees $ 3,184 $ 2,795
Securities, taxable 402 457
Securities, tax-exempt 351 344
Federal funds sold and other interest bearing deposits 30 24
Total interest income 3,967 3,620
Interest expense    
Deposits 170 176
Short-term borrowings 12 8
Federal Home Loan Bank advances 58 43
Total interest expense 240 227
Net interest income 3,727 3,393
Provision for loan losses 136 92
Net interest income after provision for loan losses 3,591 3,301
Non-interest income    
Service charges on deposit accounts 330 314
Debit card interchange income 251 234
Bank owned life insurance income 49 46
Securities gains, net 103 35
Other 115 106
Total non-interest income 848 735
Non-interest expenses    
Salaries and employee benefits 1,738 1,732
Occupancy and equipment 452 342
Data processing expenses 145 144
Professional and director fees 132 97
FDIC assessments 55 58
Franchise taxes 84 82
Marketing and advertising 79 93
Telephone and network communications 81 75
Debit card processing expenses 133 116
Other 387 398
Total non-interest expenses 3,286 3,137
Income before income taxes 1,153 899
Income tax expense 252 172
Net income $ 901 $ 727
Basic and diluted earnings per share (in dollars per share) $ 0.33 $ 0.27