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Consolidated Statements of Income (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Mar. 31, 2013
Mar. 31, 2012
Interest income:        
Loans $ 4,525 $ 4,441 $ 13,693 $ 13,384
Investment securities - taxable 181 222 552 692
Mortgage-backed securities 855 963 2,696 3,273
Investment securities - tax exempt 418 370 1,254 996
Interest bearing deposits and federal funds sold 6 3 28 17
Total interest income 5,985 5,999 18,223 18,362
Interest expense:        
Interest on deposits 637 749 1,974 2,463
Interest on borrowings 44 88 183 315
Total interest expense 681 837 2,157 2,778
Net interest income 5,304 5,162 16,066 15,584
Provision for loan losses 331 541 1,316 1,437
Net interest income after provision for loan losses 4,973 4,621 14,750 14,147
Noninterest income:        
Service charges on deposit accounts 584 602 1,969 1,857
Debit card fees 325 338 996 1,026
Investment services 55 62 224 199
E-commerce fees 25 26 75 81
Net gain on sale of available-for-sale securities     10 11
Other operating income 152 149 442 425
Total noninterest income 1,141 1,177 3,716 3,599
Noninterest expense:        
Salaries and employee benefits 2,181 2,103 6,254 6,047
Occupancy expense 334 303 927 916
Equipment and furniture expense 128 146 411 478
Service and data processing fees 408 388 1,217 1,158
Computer software, supplies and support 86 87 269 249
Advertising and promotion 81 90 254 235
FDIC insurance premiums 90 79 248 231
Legal and professional fees 165 174 506 583
Other 473 351 1,279 1,250
Total noninterest expense 3,946 3,721 11,365 11,147
Income before provision for income taxes 2,168 2,077 7,101 6,599
Provision for income taxes 631 594 2,131 2,112
Net Income $ 1,537 $ 1,483 $ 4,970 $ 4,487
Basic earnings per share $ 0.37 $ 0.36 $ 1.19 $ 1.08
Basic average shares outstanding 4,187,671 4,159,093 4,185,707 4,150,978
Diluted earnings per share $ 0.36 $ 0.35 $ 1.18 $ 1.07
Diluted average shares outstanding 4,227,166 4,197,430 4,224,814 4,192,567
Dividends per share $ 0.175 $ 0.175 $ 0.525 $ 0.525