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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Interest and Dividend Income    
Loans $ 28,592 $ 32,266
Commercial paper and interest-bearing deposits 881 2,253
Securities available for sale 528 896
Other investments 448 832
Total interest and dividend income 30,449 36,247
Interest Expense    
Deposits 3,253 5,853
Borrowings 1,687 3,321
Total interest expense 4,940 9,174
Net Interest Income 25,509 27,073
Provision for Credit Losses 950 0
Net Interest Income after Provision for Credit Losses 24,559 27,073
Noninterest Income    
Service charges and fees on deposit accounts 2,097 2,443
Loan income and fees 474 882
Gain on sale of loans held for sale 3,344 2,299
BOLI income 532 697
Other, net 2,192 1,339
Total noninterest income 8,639 7,660
Noninterest Expense    
Salaries and employee benefits 15,207 13,912
Net occupancy expense 2,293 2,342
Computer services 2,307 2,024
Telephone, postage, and supplies 662 802
Marketing and advertising 325 679
Deposit insurance premiums 511 0
Gain on sale and impairment of REO (35) (19)
REO expense 248 258
Core deposit intangible amortization 238 411
Other 4,244 3,124
Total noninterest expense 26,000 23,533
Income Before Income Taxes 7,198 11,200
Income Tax Expense 1,445 2,396
Net Income $ 5,753 $ 8,804
Net income per common share:    
Basic (in dollars per share) $ 0.35 $ 0.51
Diluted (in dollars per share) $ 0.35 $ 0.49
Average shares outstanding:    
Basic (in shares) 16,230,990 17,097,647
Diluted (in shares) 16,469,242 17,753,657