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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2016
Dec. 31, 2015
Interest income:        
Loans $ 6,382 $ 5,479 $ 12,435 $ 10,772
Investment securities - taxable 146 139 296 273
Mortgage-backed securities 1,099 786 1,883 1,553
Investment securities - tax exempt 852 730 1,676 1,397
Interest-bearing deposits and federal funds sold 5 2 8 4
Total interest income 8,484 7,136 16,298 13,999
Interest expense:        
Interest on deposits 648 540 1,254 1,071
Interest on borrowings 105 86 226 169
Total interest expense 753 626 1,480 1,240
Net interest income 7,731 6,510 14,818 12,759
Provision for loan losses 586 343 1,129 717
Net interest income after provision for loan losses 7,145 6,167 13,689 12,042
Noninterest income:        
Service charges on deposit accounts 820 766 1,593 1,483
Debit card fees 510 453 1,001 905
Investment services 67 78 137 171
E-commerce fees 31 17 63 41
Other operating income 184 217 367 415
Total noninterest income 1,612 1,531 3,161 3,015
Noninterest expense:        
Salaries and employee benefits 2,787 2,514 5,455 4,938
Occupancy expense 339 333 719 696
Equipment and furniture expense 132 118 252 238
Service and data processing fees 499 508 947 918
Computer software, supplies and support 148 96 294 229
Advertising and promotion 85 94 208 195
FDIC insurance premiums 93 104 207 204
Legal and professional fees 220 277 418 537
Other 485 636 1,042 1,283
Total noninterest expense 4,788 4,680 9,542 9,238
Income before provision for income taxes 3,969 3,018 7,308 5,819
Provision for income taxes 1,043 698 1,875 1,349
Net income $ 2,926 $ 2,320 $ 5,433 $ 4,470
Basic earnings per share (in dollars per share) $ 0.34 $ 0.27 $ 0.64 $ 0.53
Basic average shares outstanding (in shares) 8,491,929 8,451,848 8,487,554 8,449,080
Diluted earnings per share (in dollars per share) $ 0.34 $ 0.27 $ 0.64 $ 0.53
Diluted average shares outstanding (in shares) 8,509,316 8,502,966 8,503,913 8,500,912
Dividends per share (in dollars per share) $ 0.0950 $ 0.0925 $ 0.1900 $ 0.1850