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Consolidated Statements of Income - USD ($)
12 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Interest income:    
Loans $ 9,225,388 $ 8,228,373
Securities 47,078 79,639
Other 23,111 71,502
Total interest income 9,295,577 8,379,514
Interest expense:    
Deposits 1,125,318 1,043,895
Federal Home Loan Bank borrowings 10,970  
Other 3,786 792
Total interest expense 1,140,074 1,044,687
Net interest income 8,155,503 7,334,827
Provision for loan losses 644,029 275,024
Net interest income after provision for loan losses 7,511,474 7,059,803
Noninterest income:    
Service charges on deposit accounts 631,673 594,624
Brokerage fee income 722,640 633,215
Gain on sale of loans 856,222 750,353
Other loan fees 283,310 264,626
Other income 151,503 141,385
Total noninterest income 2,645,348 2,384,203
Noninterest expense:    
Salaries and employee benefits 4,773,321 4,479,207
Director and committee fees 166,000 160,150
Data processing fees 552,608 539,077
Occupancy and equipment 967,055 886,280
Regulatory fees and deposit insurance premium 170,262 206,756
Advertising and public relations 239,677 215,681
Insurance and bond premiums 96,529 98,978
Professional fees 379,076 448,289
Supplies, telephone and postage 275,065 265,254
Other expenses 621,360 598,770
Total noninterest expense 8,240,953 7,898,442
Income before income taxes 1,915,869 1,545,564
Income tax expense (680,824) (490,806)
Net income $ 1,235,045 $ 1,054,758
Basic earnings per share (in dollars per share) $ 0.37 $ 0.32
Diluted earnings per share (in dollars per share) $ 0.35 $ 0.32