XML 17 R4.htm IDEA: XBRL DOCUMENT v3.5.0.2
Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Interest income:    
Loans $ 22,118 $ 19,919
Investment securities - taxable 566 548
Mortgage-backed securities 3,080 2,865
Investment securities - tax exempt 2,990 2,350
Interest-bearing deposits and federal funds sold 48 18
Total interest income 28,802 25,700
Interest expense:    
Interest on deposits 2,241 2,030
Interest on borrowings 340 272
Total interest expense 2,581 2,302
Net interest income 26,221 23,398
Provision for loan losses 1,673 1,556
Net interest income after provision for loan losses 24,548 21,842
Noninterest income:    
Service charges on deposit accounts 2,880 2,779
Debit card fees 1,824 1,694
Investment services 383 403
E-commerce fees 97 101
Other operating income 781 720
Total noninterest income 5,965 5,697
Noninterest expense:    
Salaries and employee benefits 10,490 9,855
Occupancy expense 1,432 1,548
Equipment and furniture expense 537 524
Service and data processing fees 1,912 1,714
Computer software, supplies and support 443 522
Advertising and promotion 373 294
FDIC insurance premiums 417 404
Legal and professional fees 1,023 1,037
Other 2,244 2,134
Total noninterest expense 18,871 18,032
Income before provision for income taxes 11,642 9,507
Provision for income taxes 2,679 2,318
Net income $ 8,963 $ 7,189
Basic earnings per share (in dollars per share) $ 1.06 $ 0.85
Basic average shares outstanding (in shares) 8,459,327 8,437,342
Diluted earnings per share (in dollars per share) $ 1.06 $ 0.85
Diluted average shares outstanding (in shares) 8,476,292 8,497,374
Dividends per share (in dollars per share) $ 0.37 $ 0.36