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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2018
Interest and Dividend Income      
Loans $ 122,174 $ 121,903 $ 105,082
Commercial paper and interest-bearing deposits 7,699 8,278 5,939
Securities available for sale 3,687 3,443 3,668
Other investments 2,694 3,590 2,713
Total interest and dividend income 136,254 137,214 117,402
Interest Expense      
Deposits 22,837 15,757 6,758
Borrowings 9,313 14,626 9,314
Total interest expense 32,150 30,383 16,072
Net Interest Income 104,104 106,831 101,330
Provision for Loan Losses 8,500 5,700 0
Net Interest Income after Provision for Loan Losses 95,604 101,131 101,330
Noninterest Income      
Service charges and fees on deposit accounts 9,382 9,611 8,802
Loan income and fees 2,494 1,422 1,176
Gain on sale of loans held for sale 9,946 6,218 4,276
BOLI income 2,246 2,103 2,117
Gain from sale of premises and equipment 0 0 164
Other, net 6,264 3,586 2,437
Total noninterest income 30,332 22,940 18,972
Noninterest Expense      
Salaries and employee benefits 56,709 52,291 48,170
Net occupancy expense 9,228 9,454 9,689
Computer services 8,153 7,664 6,440
Telephone, postage, and supplies 3,275 3,040 2,958
Marketing and advertising 1,872 1,853 1,478
Deposit insurance premiums 900 1,426 1,619
Loss on sale and impairment of REO 536 439 127
REO expense 939 874 1,065
Core deposit intangible amortization 1,421 2,029 2,645
Other 14,096 11,064 11,140
Total noninterest expense 97,129 90,134 85,331
Income Before Income Taxes 28,807 33,937 34,971
Income Tax Expense 6,024 6,791 26,736
Net Income $ 22,783 $ 27,146 $ 8,235
Net income per common share:      
Basic (in dollars per share) $ 1.34 $ 1.52 $ 0.45
Diluted (in dollars per share) $ 1.30 $ 1.46 $ 0.44
Average shares outstanding:      
Basic (in shares) 16,729,056 17,692,493 18,028,854
Diluted (in shares) 17,292,239 18,393,184 18,726,431