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Discontinued Operations
12 Months Ended
Jun. 30, 2015
Discontinued Operations  
Discontinued Operations

20. Discontinued Operations

        The Company concluded all investment brokerage activities in the second quarter of fiscal 2014. Accordingly, operations associated with these activities have been classified as discontinued operations in the accompanying consolidated statements of income. The following summarizes the operations of the Company's investment brokerage division.

                                                                                                                                                                                    

 

 

Year Ended
June 30,

 

 

 

2015

 

2014

 

 

 

(Dollars in
thousands)

 

Noninterest income:

 

 

 

 

 

 

 

Investment commissions

 

$

—

 

$

971

 

Other noninterest income

 

 

—

 

 

—

 

​

​

​  

​  

​

​  

​  

​

Total noninterest income

 

 

—

 

 

971

 

​

​

​  

​  

​

​  

​  

​

Noninterest expense:

 

 

 

 

 

 

 

Salaries and employee benefits

 

 

—

 

 

793

 

Occupancy and equipment expense

 

 

—

 

 

60

 

Data processing fees

 

 

—

 

 

82

 

Marketing expense

 

 

—

 

 

8

 

Other noninterest expense

 

 

—

 

 

40

 

​

​

​  

​  

​

​  

​  

​

Total noninterest expense

 

 

—

 

 

983

 

​

​

​  

​  

​

​  

​  

​

(Loss) income before tax

 

 

—

 

 

(12

)

Income tax (benefit) expense

 

 

—

 

 

(4

)

​

​

​  

​  

​

​  

​  

​

Net (loss) income

 

$

—

 

$

(8

)

​

​

​  

​  

​

​  

​  

​

​

​

​  

​  

​

​  

​  

​