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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Interest income:    
Loans $ 7,059 $ 6,053
Investment securities - taxable 165 150
Mortgage-backed securities 817 784
Investment securities - tax exempt 1,036 824
Interest-bearing deposits and federal funds sold 12 3
Total interest income 9,089 7,814
Interest expense:    
Interest on deposits 809 606
Interest on borrowings 110 121
Total interest expense 919 727
Net interest income 8,170 7,087
Provision for loan losses 347 543
Net interest income after provision for loan losses 7,823 6,544
Noninterest income:    
Service charges on deposit accounts 851 773
Debit card fees 566 491
Investment services 72 70
E-commerce fees 38 32
Other operating income 213 183
Total noninterest income 1,740 1,549
Noninterest expense:    
Salaries and employee benefits 2,927 2,668
Occupancy expense 356 380
Equipment and furniture expense 113 120
Service and data processing fees 487 448
Computer software, supplies and support 143 146
Advertising and promotion 55 123
FDIC insurance premiums 93 114
Legal and professional fees 231 198
Other 488 557
Total noninterest expense 4,893 4,754
Income before provision for income taxes 4,670 3,339
Provision for income taxes 1,198 832
Net income $ 3,472 $ 2,507
Basic earnings per share (in dollars per share) $ 0.41 $ 0.30
Basic average shares outstanding (in shares) 8,502,734 8,483,179
Diluted earnings per share (in dollars per share) $ 0.41 $ 0.30
Diluted average shares outstanding (in shares) 8,531,242 8,497,669
Dividends per share (in dollars per share) $ 0.0975 $ 0.0950