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Consolidated Statements of Earnings (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Finance and loan income $ 6,583 $ 5,777
Investment interest income 661 473
Total interest income 7,244 6,250
Interest expense    
Deposits 1,895 1,256
Borrowings 43 37
Net interest income 5,306 4,957
Provision for credit losses 300 500
Net interest income after provision for credit losses 5,006 4,457
Non-interest income    
Operating and sales-type lease income 584 143
Gain on sale of leases, loans and leased property 234 688
Gain on sale of investment securities 23
Other fee income 97 42
Total non-interest income 915 896
Non-interest expenses    
Compensation and employee benefits 1,887 1,741
Occupancy 174 169
Professional services 202 184
Other general and administrative 422 437
Total non-interest expenses 2,685 2,531
Earnings before income taxes 3,236 2,822
Income taxes 1,278 1,098
Net earnings $ 1,958 $ 1,724
Basic earnings per common share (in dollars per share) $ 0.19 $ 0.16
Diluted earnings per common share (in dollars per share) 0.19 0.16
Dividends declared per common share (in dollars per share) $ 0 $ 0
Average common shares outstanding – basic (in shares) 10,279,807 10,459,924
Average common shares outstanding – diluted (in shares) 10,279,807 10,459,924