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Consolidated Statements of Earnings - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2015
Finance and loan income $ 26,234 $ 25,471 $ 21,489
Investment interest income 3,014 2,230 1,516
Total interest income 29,248 27,701 23,005
Interest expense      
Deposits 6,987 6,003 3,883
Borrowings 242 207 62
Net interest income 22,019 21,491 19,060
Provision for credit losses 250 1,475 1,175
Net interest income after provision for credit losses 21,769 20,016 17,885
Non-interest income      
Operating and sales-type lease income 2,716 1,146 305
Gain on sale of leases, loans and leased property 4,336 3,497 4,791
Realized gain on sale of investment securities 23 481
Recovery realized on TFT-LCD settlement 2,744
Other fee income 387 220 388
Total non-interest income 7,439 4,886 8,709
Non-interest expenses      
Compensation and employee benefits 7,485 7,254 8,582
Occupancy 695 685 634
Professional and IT services 1,060 1,117 971
FDIC and regulatory fees 507 534 401
Repossessed assets (121) 397
Other general and administrative 858 847 1,191
Total non-interest expenses 10,484 10,834 11,779
Earnings before income taxes 18,724 14,068 14,815
Income taxes 7,601 5,420 5,760
Net earnings $ 11,123 $ 8,648 $ 9,055
Basic earnings per common share (in dollars per share) $ 1.08 $ 0.83 $ 0.87
Diluted earnings per common share (in dollars per share) 1.08 0.83 0.87
Dividends declared per common share outstanding (in dollars per share) $ 0.46 $ 0.44 $ 0.42
Average common shares outstanding – basic (in shares) 10,279,818 10,399,393 10,459,924
Average common shares outstanding – diluted (in shares) 10,279,785 10,399,393 10,459,924