XML 60 R4.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Interest and dividend income        
Loans, including fees $ 4,862 $ 4,059 $ 9,623 $ 8,008
Securities, taxable 480 549 990 1,075
Securities, tax-exempt 400 399 799 774
Federal bank and other restricted stocks 20 22 40 44
Federal funds sold and other interest-bearing deposits 16 34 42 57
Total interest and dividend income 5,778 5,063 11,494 9,958
Interest expense        
Deposits 910 618 1,855 1,132
Short-term borrowings 13 14 24 28
Federal Home Loan Bank advances 59 57 138 125
Total interest expense 982 689 2,017 1,285
Net interest income 4,796 4,374 9,477 8,673
Provision for loan losses 185 (775) 315 (660)
Net interest income after provision for loan losses 4,611 5,149 9,162 9,333
Noninterest income        
Noninterest income (in scope of Topic 606) 814 903 1,974 1,742
Bank owned life insurance death benefit 324
Bank owned life insurance income 66 68 134 137
Securities gains (losses), net 4 (27) 110 560
Other 211 213 418 378
Total noninterest income 1,025 944 2,494 2,439
Noninterest expenses        
Salaries and employee benefits 2,207 2,099 4,380 4,074
Occupancy and equipment 595 515 1,127 1,003
Data processing expenses 141 157 526 307
Debit card processing expenses 194 189 395 383
Professional and director fees 133 171 390 341
FDIC assessments 5 38 (2) 76
Franchise taxes 95 88 190 177
Marketing and advertising 93 131 274 235
Telephone and network communications 70 64 144 136
Other 402 428 816 832
Total noninterest expenses 3,935 3,880 8,240 7,564
Income before income taxes 1,701 2,213 3,416 4,208
Income tax expense 261 364 473 686
Net income $ 1,440 $ 1,849 $ 2,943 $ 3,522
Basic and diluted earnings per share (in dollars per share) $ 0.53 $ 0.68 $ 1.07 $ 1.29
Deposit Account [Member]        
Noninterest income        
Noninterest income (in scope of Topic 606) $ 360 $ 321 $ 733 $ 637
Debit Card [Member]        
Noninterest income        
Noninterest income (in scope of Topic 606) $ 384 $ 369 $ 775 $ 727