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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Interest and dividend income:    
Loans $ 49,510 $ 49,818
Securities 2,108 2,541
Interest-earning deposits with banks and other 1,901 1,800
Total interest and dividend income 53,519 54,159
Interest expense:    
Deposits 4,607 4,245
Borrowings and other 124 235
Total interest expense 4,731 4,480
Net interest income 48,788 49,679
Provision for loan losses 22,590 2,350
Net interest income after provision for loan losses 26,198 47,329
Noninterest income:    
Bank fees and service charges 8,473 8,066
Insurance and wealth management services 6,477 6,457
Net loss on equity securities (125)  
Net gain on available for sale securities transactions 138 6
Net loss on disposal of assets (28) (583)
Bank-owned life insurance 548 119
Other 199 342
Total noninterest income 15,682 14,407
Noninterest expense:    
Salaries and employee benefits 24,982 22,647
Net occupancy and equipment 6,140 5,875
Data processing 3,232 2,940
Advertising and marketing 678 925
FDIC insurance premiums 118 676
Contribution to Pioneer Bank Charitable Foundation 5,446  
Fraudulent activity 2,500  
Professional fees 3,759 420
Other 4,830 4,407
Total noninterest expense 51,685 37,890
(Loss) income before income taxes (9,805) 23,846
Income tax (benefit) expense (3,296) 4,830
Net (loss) income $ (6,509) $ 19,016
Loss per common share:    
Basic $ (0.26)  
Diluted $ (0.26)  
Weighted average shares outstanding - basic and diluted 25,013,452