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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Interest income:    
Loans receivable, net $ 32,161 $ 32,856
Investment securities 1,906 1,849
FHLB - San Francisco stock 489 418
Interest-earning deposits 174 78
Total interest income 34,730 35,201
Interest expense:    
Deposits 1,144 1,745
Borrowings 1,991 2,817
Total interest expense 3,135 4,562
Net interest income 31,595 30,639
Recovery from the allowance for loan losses 2,462 708
Net interest income, after recovery from the the allowance for loan losses 34,057 31,347
Non-interest income:    
Loan servicing and other fees 1,056 1,170
Other 719 551
Total non-interest income 4,716 4,573
Non-interest expense:    
Salaries and employee benefits 15,833 15,157
Premises and occupancy 3,189 3,500
Equipment expense 1,282 1,153
Professional expense 1,419 1,561
Sales and marketing expense 642 680
Deposit insurance premium and regulatory assessments 543 552
Other 3,007 3,130
Total non-interest expense 25,915 25,733
Income before income taxes 12,858 10,187
Provision for income taxes 3,765 2,626
Net income $ 9,093 $ 7,561
Basic earnings per share $ 1.23 $ 1.01
Diluted earnings per share $ 1.22 $ 1.00
Deposit account fees    
Non-interest income:    
Total non-interest income $ 1,302 $ 1,247
Card and processing fees    
Non-interest income:    
Total non-interest income $ 1,639 $ 1,605