SELECTED QUARTERLY FINANCIAL DATA

12 Months Ended

Jun. 30, 2017

Quarterly Financial Information Disclosure [Abstract]

SELECTED QUARTERLY FINANCIAL DATA (unaudited)

24. SELECTED QUARTERLY FINANCIAL DATA (unaudited)

	Three Months Ended
	September 2016		December 2016		March 2017		June 2017
	(Dollars in Thousands, except per share data)
Total interest and dividend income	$	1,777	$	1,814	$	1,958	$	2,097
Total interest expense		373		396		488		597
Net interest income		1,404		1,418		1,470		1,500
Provision for loan losses		16		18		15		9
Net interest income after provision for loan losses		1,388		1,400		1,455		1,491
Total noninterest income		130		107		130		123
Total noninterest expense		934		916		896		993
Income before income taxes		584		591		689		621
Income taxes		186		196		263		203
Net income	$	398	$	395	$	426	$	418
Per share data:
Net income
Basic	$	0.21	$	0.21	$	0.23	$	0.22
Diluted		0.21		0.21		0.23		0.22
Average shares outstanding
Basic		1,876,160		1,881,086		1,882,593		1,855,313
Diluted		1,876,160		1,881,086		1,882,593		1,855,313

	Three Months Ended
	September 2015		December 2015		March 2016		June 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

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 2017	$	16.15	$	14.44	$	0.10
March 2017		15.50		14.10		0.06
December 2016		15.40		12.01		0.04
September 2016		12.90		11.10		0.04
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

There were six Nasdaq Market Makers in the Company’s common stock as of June 30, 2017: Merrill Lynch, Pierce, Fenner; UBS Securities LLC; VIRTU Americas LLC; Two Sigma Securities, LLC; Citadel Securities LLC and Keefe, Bruyette & Woods, Inc.

According to the records of the Company’s transfer agent, there were approximately 428 shareholders of record at August 25, 2017. 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.