XML 16 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Interest income:    
Loans, including fees $ 13,937 $ 12,333
Federal funds sold and interest-bearing deposits in financial institutions 151 122
Securities, taxable 1,997 1,678
Securities, tax-exempt 1,472 1,434
Total interest and dividend income 17,557 15,567
Interest expense:    
Deposits 1,210 792
Short-term borrowings 240 90
Federal Home Loan Bank advances 221 226
Total interest expense 1,671 1,108
Net interest income 15,886 14,459
Provision for loan losses 310 596
Net interest income after provision for loan losses 15,576 13,863
Other income:    
Total non-interest income 3,391 3,250
Bank owned life insurance income 270 246
Gain on sale of mortgage loans 367 258
Securities gains, net 33 209
Loss on disposition of other real estate owned (2) (35)
Other 190 166
Other expenses:    
Salaries and employee benefits 7,692 7,136
Occupancy and equipment 1,867 1,888
Data processing expenses 601 583
Professional and director fees 523 608
Federal Deposit Insurance Corporation assessments 168 175
Franchise taxes 343 336
Marketing and advertising 308 267
Loan and collection expenses 117 155
Telephone and communications 307 305
Debit card processing expenses 754 636
Other 1,557 1,389
Total other expenses 14,237 13,478
Income before income taxes 4,730 3,635
Income tax expense 1,149 641
Net income $ 3,581 $ 2,994
Basic and diluted earnings per share (in dollars per share) $ 1.31 $ 1.10
Deposit Account [Member]    
Other income:    
Total non-interest income $ 1,200 $ 1,245
Debit Card [Member]    
Other income:    
Total non-interest income $ 1,333 $ 1,161