XML 15 R4.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2015
Dec. 31, 2014
Interest income:        
Loans $ 5,479 $ 4,944 $ 10,772 $ 9,783
Investment securities - taxable 139 134 273 277
Mortgage-backed securities 786 741 1,553 1,446
Investment securities - tax exempt 730 580 1,397 1,132
Interest-bearing deposits and federal funds sold 2 8 4 10
Total interest income 7,136 6,407 13,999 12,648
Interest expense:        
Interest on deposits 540 500 1,071 1,001
Interest on borrowings 86 63 169 124
Total interest expense 626 563 1,240 1,125
Net interest income 6,510 5,844 12,759 11,523
Provision for loan losses 343 305 717 716
Net interest income after provision for loan losses 6,167 5,539 12,042 10,807
Noninterest income:        
Service charges on deposit accounts 766 730 1,483 1,446
Debit card fees 453 429 905 844
Investment services 78 87 171 189
E-commerce fees 17 25 41 53
Other operating income 264 169 424 377
Total noninterest income 1,578 1,440 3,024 2,909
Noninterest expense:        
Salaries and employee benefits 2,514 2,390 4,938 4,757
Occupancy expense 333 344 696 668
Equipment and furniture expense 118 177 238 253
Service and data processing fees 508 388 918 842
Computer software, supplies and support 96 106 229 339
Advertising and promotion 94 51 195 132
FDIC insurance premiums 104 101 204 192
Legal and professional fees 277 379 537 592
Other 683 560 1,292 998
Total noninterest expense 4,727 4,496 9,247 8,773
Income before provision for income taxes 3,018 2,483 5,819 4,943
Provision for income taxes 698 672 1,349 1,357
Net income $ 2,320 $ 1,811 $ 4,470 $ 3,586
Basic earnings per share (in dollars per share) $ 0.55 $ 0.43 $ 1.06 $ 0.85
Basic average shares outstanding (in shares) 4,225,924 4,217,118 4,224,540 4,215,738
Diluted earnings per share (in dollars per share) $ 0.55 $ 0.43 $ 1.05 $ 0.84
Diluted average shares outstanding (in shares) 4,251,483 4,248,175 4,250,456 4,246,793
Dividends per share (in dollars per share) $ 0.185 $ 0.180 $ 0.37 $ 0.36