XML 15 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Provident Financial Holdings, Inc. Condensed Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Interest income:    
Loans receivable, net $ 9,706 $ 11,633
Investment securities 92 114
FHLB – San Francisco stock 208 27
Interest-earning deposits 110 73
Total interest income 10,116 11,847
Interest expense:    
Checking and money market deposits 102 98
Savings deposits 147 148
Time deposits 1,263 1,524
Borrowings 643 1,141
Total interest expense 2,155 2,911
Net interest income 7,961 8,936
(Recovery) provision for loan losses (942) 533
Net interest income, after (recovery) provision for loan losses 8,903 8,403
Non-interest income:    
Loan servicing and other fees 195 338
Gain on sale of loans, net 6,754 20,595
Deposit account fees 621 623
Gain on sale and operations of real estate owned acquired in the settlement of loans, net 52 73
Card and processing fees 344 321
Other 217 209
Total non-interest income 8,183 22,159
Non-interest expense:    
Salaries and employee benefits 10,452 13,185
Premises and occupancy 1,159 1,150
Equipment 480 441
Professional expenses 424 353
Sales and marketing expenses 415 420
Deposit insurance premiums and regulatory assessments 214 339
Other 1,386 1,438
Total non-interest expense 14,530 17,326
Income before income taxes 2,556 13,236
Provision for income taxes 1,043 4,506
Net income $ 1,513 $ 8,730
Basic earnings per share (in dollars per share) $ 0.15 $ 0.81
Diluted earnings per share (in dollars per share) $ 0.14 $ 0.80
Cash dividends per share (in dollars per share) $ 0.1 $ 0.05