SELECTED QUARTERLY FINANCIAL DATA

12 Months Ended

Jun. 30, 2016

Quarterly Financial Information Disclosure [Abstract]

SELECTED QUARTERLY FINANCIAL DATA (unaudited)

24. SELECTED QUARTERLY FINANCIAL DATA (unaudited)

	Three Months Ended
	September		December		March		June
	2015		2015		2016		2016
	(Dollars in Thousands, except per share data)
Total interest and dividend income	$	1,637	$	1,622	$	1,764	$	1,789
Total interest expense		311		320		402		398
Net interest income		1,326		1,302		1,362		1,391
Provision for loan losses		19		28		21		(12	)
Net interest income after provision for loan losses		1,307		1,274		1,341		1,403
Total noninterest income		139		156		131		146
Total noninterest expense		943		944		939		947
Income before income taxes		503		486		533		602
Income taxes		192		193		204		210
Net income	$	311	$	293	$	329	$	392
Per share data:
Net income
Basic	$	0.16	$	0.16	$	0.17	$	0.20
Diluted		0.16		0.16		0.17		0.20
Average shares outstanding
Basic		1,909,262		1,910,190		1,910,222		1,909,922
Diluted		1,909,262		1,910,190		1,910,222		1,909,922

	Three Months Ended
	September		December		March		June
	2014		2014		2015		2015
	(Dollars in Thousands, except per share data)
Total interest and dividend income	$	1,520	$	1,537	$	1,740	$	1,581
Total interest expense		288		285		284		298
Net interest income		1,232		1,252		1,456		1,283
Provision for loan losses		3		18		31		18
Net interest income after provision for loan losses		1,229		1,234		1,425		1,265
Total noninterest income		138		145		132		143
Total noninterest expense		915		988		894		909
Income before income taxes		452		391		663		499
Income taxes		153		125		203		177
Net income	$	299	$	266	$	460	$	322
Per share data:
Net income
Basic	$	0.15	$	0.14	$	0.24	$	0.16
Diluted		0.15		0.14		0.24		0.16
Average shares outstanding
Basic		1,959,381		1,949,046		1,919,135		1,919,627
Diluted		1,959,381		1,949,046		1,919,135		1,919,627

COMMON STOCK MARKET PRICE AND DIVIDEND INFORMATION

WVS Financial Corp.’s common stock is traded on the Nasdaq Global Market^SM under the symbol “WVFC”.

The following table sets forth the high and low market prices of a share of common stock, and cash dividends declared per share, for the periods indicated.

	Market Price				Cash Dividends Declared
Quarter Ended	High		Low
June 2016	$	12.50	$	10.73	$	0.08
March 2016		12.54		11.30		0.04
December 2015		12.60		10.78		0.08
September 2015		11.84		10.75		0.04
June 2015	$	12.60	$	11.50	$	0.04
March 2015		12.45		10.78		0.04
December 2014		11.01		10.78		0.04
September 2014		11.45		10.75		0.04

There were eight Nasdaq Market Makers in the Company’s common stock as of June 30, 2016: KCG Americas LLC; UBS Securities; Citadel Securities LLC; Automated Trading Desk Financial; Two Sigma Securities LLC; Latour Trading LLC; Merrill Lynch, Pierce, Fenner; and Goldman, Sachs & Co.

According to the records of the Company’s transfer agent, there were approximately 450 shareholders of record at August 26, 2016. This does not include any persons or entities who hold their stock in nominee or “street name” through various brokerage firms.

Dividends are subject to determination and declaration by the Board of Directors, which takes into account the Company’s financial condition, statutory and regulatory restrictions, general economic condition and other factors.