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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2017
Dec. 31, 2016
Interest income:        
Loans $ 7,287 $ 6,382 $ 14,346 $ 12,435
Investment securities - taxable 163 146 328 296
Mortgage-backed securities 791 1,099 1,608 1,883
Investment securities - tax exempt 1,092 852 2,128 1,676
Interest-bearing deposits and federal funds sold 87 5 99 8
Total interest income 9,420 8,484 18,509 16,298
Interest expense:        
Interest on deposits 867 648 1,676 1,254
Interest on borrowings 93 105 203 226
Total interest expense 960 753 1,879 1,480
Net interest income 8,460 7,731 16,630 14,818
Provision for loan losses 352 586 699 1,129
Net interest income after provision for loan losses 8,108 7,145 15,931 13,689
Noninterest income:        
Service charges on deposit accounts 934 820 1,785 1,593
Debit card fees 591 510 1,157 1,001
Investment services 122 67 194 137
E-commerce fees 35 31 73 63
Other operating income 205 184 418 367
Total noninterest income 1,887 1,612 3,627 3,161
Noninterest expense:        
Salaries and employee benefits 3,110 2,787 6,037 5,455
Occupancy expense 355 339 711 719
Equipment and furniture expense 158 132 271 252
Service and data processing fees 540 499 1,027 947
Computer software, supplies and support 162 148 305 294
Advertising and promotion 112 85 167 208
FDIC insurance premiums 93 93 186 207
Legal and professional fees 229 220 460 418
Other 553 485 1,041 1,042
Total noninterest expense 5,312 4,788 10,205 9,542
Income before provision for income taxes 4,683 3,969 9,353 7,308
Provision for income taxes 1,043 1,043 2,241 1,875
Net income $ 3,640 $ 2,926 $ 7,112 $ 5,433
Basic earnings per share (in dollars per share) $ 0.43 $ 0.34 $ 0.84 $ 0.64
Basic average shares outstanding (in shares) 8,504,168 8,491,929 8,503,451 8,487,554
Diluted earnings per share (in dollars per share) $ 0.43 $ 0.34 $ 0.83 $ 0.64
Diluted average shares outstanding (in shares) 8,533,126 8,509,316 8,532,274 8,503,913
Dividends per share (in dollars per share) $ 0.0975 $ 0.0950 $ 0.1950 $ 0.1900