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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Mar. 31, 2019
Mar. 31, 2018
Interest income:        
Loans, including fees $ 4,115 $ 3,526 $ 12,123 $ 10,191
Securities, taxable 566 455 1,641 1,385
Securities, tax-exempt 403 365 1,177 1,099
Federal bank and other restricted stocks 19 20 63 60
Federal funds sold and interest-bearing deposits in financial institutions 16 28 73 93
Total interest and dividend income 5,119 4,394 15,077 12,828
Interest expense:        
Deposits 749 300 1,881 801
Short-term borrowings 10 64 38 176
Federal Home Loan Bank advances 118 63 243 171
Total interest expense 877 427 2,162 1,148
Net interest income 4,242 3,967 12,915 11,680
Provision for loan losses 105 100 (555) 250
Net interest income after provision for loan losses 4,137 3,867 13,470 11,430
Other income:        
Noninterest income (in scope of Topic 606) 702 659 2,196 2,009
Bank owned life insurance income 66 66 203 202
Securities gains, net 1 (5) 561 33
Other 157 128 535 408
Total non-interest income 860 802 3,299 2,513
Other expenses:        
Salaries and employee benefits 2,129 1,950 6,203 5,726
Occupancy and equipment 543 481 1,546 1,401
Data processing expenses 154 153 461 448
Debit card processing expenses 182 186 565 554
Professional and director fees 140 131 481 370
FDIC assessments 38 42 114 134
Franchise taxes 89 84 266 252
Marketing and advertising 87 86 322 225
Telephone and communications 65 76 201 233
Other 385 392 1,217 1,191
Total noninterest expenses 3,812 3,581 11,376 10,534
Income before income taxes and equity in undistributed net income of subsidiary 1,185 1,088 5,393 3,409
Income tax expense 150 175 836 910
Net income $ 1,035 $ 913 $ 4,557 $ 2,499
Basic and diluted earnings per share (in dollars per share) $ 0.38 $ 0.33 $ 1.67 $ 0.92
Deposit Account [Member]        
Other income:        
Noninterest income (in scope of Topic 606) $ 298 $ 286 $ 935 $ 895
Debit Card [Member]        
Other income:        
Noninterest income (in scope of Topic 606) $ 338 $ 327 $ 1,065 $ 975