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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Interest income:    
Loans $ 29,692 $ 25,884
Investment securities - taxable 704 605
Mortgage-backed securities 3,610 3,420
Investment securities - tax exempt 4,570 3,512
Interest-bearing deposits and federal funds sold 352 38
Total interest income 38,928 33,459
Interest expense:    
Interest on deposits 3,644 2,612
Interest on borrowings 370 465
Total interest expense 4,014 3,077
Net interest income 34,914 30,382
Provision for loan losses 1,530 1,911
Net interest income after provision for loan losses 33,384 28,471
Noninterest income:    
Service charges on deposit accounts 3,707 3,164
Debit card fees 2,362 2,041
Investment services 469 329
E-commerce fees 139 129
Other operating income 804 761
Total noninterest income 7,481 6,424
Noninterest expense:    
Salaries and employee benefits 13,490 11,672
Occupancy expense 1,579 1,549
Equipment and furniture expense 540 485
Service and data processing fees 2,080 1,973
Computer software, supplies and support 714 608
Advertising and promotion 354 387
FDIC insurance premiums 440 380
Legal and professional fees 956 875
Other 2,209 2,038
Total noninterest expense 22,362 19,967
Income before provision for income taxes 18,503 14,928
Provision for income taxes 4,095 3,741
Net income $ 14,408 $ 11,187
Basic earnings per share (in dollars per share) $ 1.69 $ 1.32
Basic average shares outstanding (in shares) 8,513,558 8,495,022
Diluted earnings per share (in dollars per share) $ 1.69 $ 1.31
Diluted average shares outstanding (in shares) 8,534,909 8,513,129
Dividends per share (in dollars per share) $ 0.39 $ 0.38