XML 18 R4.htm IDEA: XBRL DOCUMENT v3.7.0.1
Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Interest income:    
Loans $ 25,884 $ 22,118
Investment securities - taxable 605 566
Mortgage-backed securities 3,420 3,080
Investment securities - tax exempt 3,512 2,990
Interest-bearing deposits and federal funds sold 38 48
Total interest income 33,459 28,802
Interest expense:    
Interest on deposits 2,612 2,241
Interest on borrowings 465 340
Total interest expense 3,077 2,581
Net interest income 30,382 26,221
Provision for loan losses 1,911 1,673
Net interest income after provision for loan losses 28,471 24,548
Noninterest income:    
Service charges on deposit accounts 3,164 2,880
Debit card fees 2,041 1,824
Investment services 329 383
E-commerce fees 129 97
Other operating income 761 781
Total noninterest income 6,424 5,965
Noninterest expense:    
Salaries and employee benefits 11,672 10,490
Occupancy expense 1,549 1,432
Equipment and furniture expense 485 537
Service and data processing fees 1,973 1,912
Computer software, supplies and support 608 443
Advertising and promotion 387 373
FDIC insurance premiums 380 417
Legal and professional fees 875 1,023
Other 2,038 2,244
Total noninterest expense 19,967 18,871
Income before provision for income taxes 14,928 11,642
Provision for income taxes 3,741 2,679
Net income $ 11,187 $ 8,963
Basic earnings per share (in dollars per share) $ 1.32 $ 1.06
Basic average shares outstanding (in shares) 8,495,022 8,459,327
Diluted earnings per share (in dollars per share) $ 1.31 $ 1.06
Diluted average shares outstanding (in shares) 8,513,129 8,476,292
Dividends per share (in dollars per share) $ 0.38 $ 0.37