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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Interest income:    
Loans $ 19,919 $ 18,521
Investment securities - taxable 548 646
Mortgage-backed securities 2,865 2,544
Investment securities - tax exempt 2,350 2,037
Interest-bearing deposits and federal funds sold 18 40
Total interest income 25,700 23,788
Interest expense:    
Interest on deposits 2,030 2,222
Interest on borrowings 272 165
Total interest expense 2,302 2,387
Net interest income 23,398 21,401
Provision for loan losses 1,556 1,500
Net interest income after provision for loan losses 21,842 19,901
Noninterest income:    
Service charges on deposit accounts 2,779 2,558
Debit card fees 1,694 1,565
Investment services 403 424
E-commerce fees 101 96
Other operating income 631 637
Total noninterest income 5,608 5,280
Noninterest expense:    
Salaries and employee benefits 9,855 9,281
Occupancy expense 1,548 1,322
Equipment and furniture expense 524 436
Service and data processing fees 1,714 1,452
Computer software, supplies and support 522 400
Advertising and promotion 294 278
FDIC insurance premiums 404 371
Legal and professional fees 1,037 822
Other 2,045 1,754
Total noninterest expense 17,943 16,116
Income before provision for income taxes 9,507 9,065
Provision for income taxes 2,318 2,537
Net income $ 7,189 $ 6,528
Basic earnings per share (in dollars per share) $ 1.70 $ 1.55
Basic average shares outstanding (in shares) 4,218,671 4,205,945
Diluted earnings per share (in dollars per share) $ 1.69 $ 1.54
Diluted average shares outstanding (in shares) 4,248,687 4,241,256
Dividends per share (in dollars per share) $ 0.72 $ 0.70