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Quarterly Financial Data (Unaudited)
12 Months Ended
Jun. 30, 2023
Quarterly Financial Data (Unaudited)  
Quarterly Financial Data (Unaudited)

NOTE 18: Quarterly Financial Data (Unaudited)

Quarterly operating data is summarized as follows (in thousands):

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

June 30, 2023

​

    

First

    

Second

    

Third

    

Fourth

(dollars in thousands)

​

Quarter

​

Quarter

​

Quarter

​

Quarter

Interest income

​

$

34,996

​

$

38,851

​

$

48,286

​

$

54,283

Interest expense

​

 

6,487

​

 

10,600

​

 

14,519

​

 

18,065

​

​

 

​

​

​

​

​

​

​

​

​

​

Net interest income

​

 

28,509

​

 

28,251

​

 

33,767

​

 

36,218

​

​

 

​

​

​

​

​

​

​

​

​

​

Provision for credit losses

​

 

5,056

​

 

1,138

​

 

10,072

​

 

795

Noninterest income

​

​

5,513

​

​

5,456

​

​

6,284

​

​

8,951

Noninterest expense

​

​

16,920

​

​

17,638

​

​

26,992

​

​

24,875

Income before income taxes

​

 

12,046

​

 

14,931

​

 

2,987

​

 

19,499

Income tax expense

​

 

2,442

​

 

3,267

​

 

578

​

 

3,939

NET INCOME

​

$

9,604

​

$

11,664

​

$

2,409

​

$

15,560

Basic earnings per share

​

$

1.04

​

$

1.26

​

$

0.22

​

$

1.37

Diluted earnings per share

​

$

1.04

​

$

1.26

​

$

0.22

​

$

1.37

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

June 30, 2022

​

    

First

    

Second

    

Third

    

Fourth

(dollars in thousands)

​

Quarter

​

Quarter

​

Quarter

​

Quarter

Interest income

​

$

28,860

​

$

28,096

​

$

28,339

​

$

31,572

Interest expense

​

 

3,223

​

 

3,038

​

 

3,225

​

 

3,814

​

​

 

​

​

​

​

​

​

​

​

​

​

Net interest income

​

 

25,637

​

 

25,058

​

 

25,114

​

 

27,758

​

​

 

​

​

​

​

​

​

​

​

​

​

Provision for loan losses

​

 

(305)

​

 

—

​

 

1,552

​

 

240

Noninterest income

​

​

4,515

​

​

5,285

​

​

4,904

​

​

6,499

Noninterest expense

​

​

14,221

​

​

15,070

​

​

16,757

​

​

17,331

Income before income taxes

​

 

16,236

​

 

15,273

​

 

11,709

​

 

16,686

Income tax expense

​

 

3,487

​

 

3,288

​

 

2,358

​

 

3,602

NET INCOME

​

$

12,749

​

$

11,985

​

$

9,351

​

$

13,084

Basic earnings per share

​

$

1.43

​

$

1.35

​

$

1.03

​

$

1.41

Diluted earnings per share

​

$

1.43

​

$

1.34

​

$

1.03

​

$

1.41

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

June 30, 2021

​

    

First

    

Second

    

Third

    

Fourth

(dollars in thousands)

​

Quarter

​

Quarter

​

Quarter

​

Quarter

Interest income

​

$

26,972

​

$

27,871

​

$

27,100

​

$

27,532

Interest expense

​

 

4,908

​

 

4,344

​

 

3,951

​

 

3,586

​

​

 

​

​

​

​

​

​

​

​

​

​

Net interest income

​

 

22,064

​

 

23,527

​

 

23,149

​

 

23,946

​

​

 

​

​

​

​

​

​

​

​

​

​

Provision for loan losses

​

 

1,000

​

 

1,000

​

 

(409)

​

 

(2,615)

Noninterest income

​

​

4,941

​

​

5,720

​

​

4,524

​

​

4,857

Noninterest expense

​

​

13,272

​

​

13,046

​

​

13,528

​

​

14,201

Income before income taxes

​

 

12,733

​

 

15,201

​

 

14,554

​

 

17,217

Income tax expense

​

 

2,747

​

 

3,153

​

 

3,096

​

 

3,529

NET INCOME

​

$

9,986

​

$

12,048

​

$

11,458

​

$

13,688

Basic earnings per share

​

$

1.09

​

$

1.33

​

$

1.27

​

$

1.53

Diluted earnings per share

​

$

1.09

​

$

1.32

​

$

1.27

​

$

1.53

​