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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2018
Dec. 31, 2017
Interest income:        
Loans $ 8,696 $ 7,287 $ 16,994 $ 14,346
Investment securities - taxable 217 163 411 328
Mortgage-backed securities 1,059 791 2,173 1,608
Investment securities - tax exempt 1,406 1,092 2,766 2,128
Interest-bearing deposits and federal funds sold 28 87 59 99
Total interest income 11,406 9,420 22,403 18,509
Interest expense:        
Interest on deposits 1,271 867 2,307 1,676
Interest on borrowings 140 93 444 203
Total interest expense 1,411 960 2,751 1,879
Net interest income 9,995 8,460 19,652 16,630
Provision for loan losses 354 352 708 699
Net interest income after provision for loan losses 9,641 8,108 18,944 15,931
Noninterest income:        
Service charges on deposit accounts 1,106 934 2,143 1,785
Debit card fees 685 591 1,325 1,157
Investment services 136 122 251 194
E-commerce fees 34 35 71 73
Other operating income 180 205 403 418
Total noninterest income 2,141 1,887 4,193 3,627
Noninterest expense:        
Salaries and employee benefits 3,677 3,075 7,155 5,957
Occupancy expense 414 355 816 711
Equipment and furniture expense 127 158 341 271
Service and data processing fees 542 540 1,037 1,027
Computer software, supplies and support 200 162 423 305
Advertising and promotion 76 112 196 167
FDIC insurance premiums 100 93 227 186
Legal and professional fees 283 229 612 460
Other 828 588 1,401 1,121
Total noninterest expense 6,247 5,312 12,208 10,205
Income before provision for income taxes 5,535 4,683 10,929 9,353
Provision for income taxes 951 1,043 1,965 2,241
Net income $ 4,584 $ 3,640 $ 8,964 $ 7,112
Basic earnings per share (in dollars per share) $ 0.54 $ 0.43 $ 1.05 $ 0.84
Basic average shares outstanding (in shares) 8,537,814 8,504,168 8,537,814 8,503,451
Diluted earnings per share (in dollars per share) $ 0.54 $ 0.43 $ 1.05 $ 0.83
Diluted average shares outstanding (in shares) 8,537,814 8,533,126 8,537,814 8,532,274
Dividends per share (in dollars per share) $ 0.1000 $ 0.0975 $ 0.2000 $ 0.1950