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CONSOLIDATED STATEMENT OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2015
INTEREST AND DIVIDEND INCOME      
Loans, including fees $ 2,721 $ 2,324 $ 1,640
Investment securities 2,131 1,989 1,493
Mortgage-backed securities 2,333 2,155 2,781
Certificates of deposit 124 7 6
Interest-earning demand deposits 3 1 1
Federal Home Loan Bank stock 329 336 457
Trading securities 5
Total interest and dividend income 7,646 6,812 6,378
INTEREST EXPENSE      
Deposits 245 210 217
Federal Home Loan Bank advances - short-term 1,118 238 73
Federal Home Loan Bank advances - long-term - variable rate 65 408 297
Federal Home Loan Bank advances - long-term - fixed rate 426 561 563
Other short-term borrowings 14 5
Total interest expense 1,854 1,431 1,155
NET INTEREST INCOME 5,792 5,381 5,223
Provision for loan losses 58 56 70
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 5,734 5,325 5,153
NONINTEREST INCOME      
Service charges on deposits 136 154 162
Earnings on bank owned life insurance 131 134 140
Investment securities gains 31
Market losses on trading securities (31)
ATM fee income 63 55 57
Other 191 198 199
Total noninterest income 490 572 558
NONINTEREST EXPENSE      
Salaries and employee benefits 2,264 2,243 2,164
Occupancy and equipment 323 329 323
Data processing 222 220 239
Correspondent bank charges 38 38 38
Federal deposit insurance premium 111 194 175
ATM network expense 127 124 136
Other 654 625 631
Total noninterest expense 3,739 3,773 3,706
INCOME BEFORE INCOME TAXES 2,485 2,124 2,005
INCOME TAX EXPENSE 848 799 658
NET INCOME $ 1,637 $ 1,325 $ 1,347
Per share data:      
Basic $ 0.87 $ 0.69 $ 0.69
Diluted $ 0.87 $ 0.69 $ 0.69
AVERAGE SHARES OUTSTANDING:      
Basic 1,873,790 1,910,538 1,941,872
Diluted 1,873,790 1,910,538 1,941,872