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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Interest income:    
Loans $ 35,050 $ 29,692
Investment securities - taxable 798 704
Mortgage-backed securities 4,285 3,610
Investment securities - tax exempt 5,723 4,570
Interest-bearing deposits and federal funds sold 452 352
Total interest income 46,308 38,928
Interest expense:    
Interest on deposits 5,696 3,644
Interest on borrowings 612 370
Total interest expense 6,308 4,014
Net interest income 40,000 34,914
Provision for loan losses 1,659 1,530
Net interest income after provision for loan losses 38,341 33,384
Noninterest income:    
Service charges on deposit accounts 4,117 3,707
Debit card fees 2,624 2,362
Investment services 544 469
E-commerce fees 139 139
Other operating income 937 804
Total noninterest income 8,361 7,481
Noninterest expense:    
Salaries and employee benefits 15,488 13,350
Occupancy expense 1,722 1,579
Equipment and furniture expense 580 540
Service and data processing fees 2,149 2,080
Computer software, supplies and support 926 714
Advertising and promotion 461 354
FDIC insurance premiums 461 440
Legal and professional fees 1,146 956
Other 2,743 2,349
Total noninterest expense 25,676 22,362
Income before provision for income taxes 21,026 18,503
Provision for income taxes 3,542 4,095
Net income $ 17,484 $ 14,408
Basic earnings per share (in dollars per share) $ 2.05 $ 1.69
Basic average shares outstanding (in shares) 8,537,814 8,513,558
Diluted earnings per share (in dollars per share) $ 2.05 $ 1.69
Diluted average shares outstanding (in shares) 8,537,814 8,534,909
Dividends per share (in dollars per share) $ 0.40 $ 0.39