XML 24 R4.htm IDEA: XBRL DOCUMENT v3.19.2
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2017
Interest Income      
Loans $ 192,386 $ 138,426 $ 111,181
Taxable investment securities 37,213 27,053 23,543
Tax-exempt investment securities 2,839 2,616 2,300
Other interest-earning assets 4,895 3,336 2,069
Total Interest Income 237,333 171,431 139,093
Interest Expense      
Deposits 52,511 29,649 22,100
Borrowings 29,509 20,489 14,419
Total Interest Expense 82,020 50,138 36,519
Net Interest Income 155,313 121,293 102,574
Provision for Loan Losses 3,556 2,706 5,381
Net Interest Income after Provision for Loan Losses 151,757 118,587 97,193
Non-Interest Income      
Fees and service charges 5,445 5,412 3,289
(Loss) gain on sale and call of securities (323) [1] 8 (1)
Gain on sale of loans 580 [1] 1,004 1,535
Loss on sale and write down of other real estate owned (11) (19) (106)
Income from bank owned life insurance 6,339 [1] 5,362 5,207
Electronic banking fees and charges 1,050 1,101 1,080
Miscellaneous 475 [1] 395 344
Total Non-Interest Income 13,555 13,263 11,348
Non-Interest Expense      
Salaries and employee benefits 63,029 53,736 47,621
Net occupancy expense of premises 11,220 9,178 8,018
Equipment and systems 12,273 9,482 8,350
Advertising and marketing 3,051 2,960 2,626
Federal deposit insurance premium 1,779 1,516 1,334
Directors' compensation 3,044 2,820 1,982
Merger-related expenses   6,743  
Miscellaneous 14,847 11,415 11,187
Total Non-Interest Expense 109,243 97,850 81,118
Income before Income Taxes 56,069 34,000 27,423
Income tax expense 13,927 14,404 8,820
Net Income $ 42,142 $ 19,596 $ 18,603
Net Income per Common Share (EPS)      
Basic $ 0.46 $ 0.24 $ 0.22
Diluted $ 0.46 $ 0.24 $ 0.22
Weighted Average Number of Common Shares Outstanding      
Basic 91,054 82,587 84,590
Diluted 91,100 82,643 84,661
[1] Not within the scope of ASC 606