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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Interest income    
Loans, including fees $ 3,228 $ 3,184
Securities, taxable 511 402
Securities, tax-exempt 367 351
Federal funds sold and other interest bearing deposits 37 30
Total interest income 4,143 3,967
Interest expense    
Deposits 248 170
Short-term borrowings 55 12
Federal Home Loan Bank advances 54 58
Total interest expense 357 240
Net interest income 3,786 3,727
Provision for loan losses 90 136
Net interest income after provision for loan losses 3,696 3,591
Non-interest income    
Service charges on deposit accounts 308 330
Debit card interchange income 323 251
Bank owned life insurance income 68 49
Securities gains, net 38 103
Other 135 115
Total non-interest income 872 848
Non-interest expenses    
Salaries and employee benefits 1,810 1,738
Occupancy and equipment 455 452
Data processing expenses 148 145
Debit card processing expenses 180 133
Professional and director fees 117 132
FDIC assessments 46 55
Franchise taxes 84 84
Marketing and advertising 78 79
Telephone and network communications 82 81
Other 393 387
Total non-interest expenses 3,393 3,286
Income before income taxes 1,175 1,153
Income tax expense 246 252
Net income $ 929 $ 901
Basic and diluted earnings per share (in dollars per share) $ 0.34 $ 0.33