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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2021
Dec. 31, 2020
Interest and dividend income        
Loans, including fees $ 7,497 $ 6,583 $ 14,565 $ 13,072
Securities, taxable 806 344 1,517 716
Securities, tax-exempt 508 427 986 847
Equity securities 9 0 17 0
Federal bank and other restricted stocks 20 21 40 39
Federal funds sold and other interest-bearing deposits 43 42 93 89
Total interest and dividend income 8,883 7,417 17,218 14,763
Interest expense        
Deposits 274 487 570 1,064
Short-term borrowings 1 2 3 6
Federal Home Loan Bank advances 63 70 127 141
Total interest expense 338 559 700 1,211
Net interest income 8,545 6,858 16,518 13,552
Provision for loan losses 270 130 460 260
Net interest income after provision for loan losses 8,275 6,728 16,058 13,292
Noninterest income        
Mortgage banking activity 171 246 429 482
Bank owned life insurance income 65 65 130 131
Securities gains, net 2 8 2 8
Other 95 75 178 151
Total noninterest income 1,221 1,153 2,494 2,294
Noninterest expenses        
Salaries and employee benefits 3,269 2,760 6,516 5,451
Occupancy and equipment 728 636 1,436 1,276
Data processing expenses 192 176 406 362
Debit card processing expenses 259 216 527 454
Professional and director fees 158 249 502 486
FDIC assessments 186 87 270 148
Franchise taxes 133 108 266 217
Marketing and advertising 164 116 378 250
Telephone and network communications 88 79 202 163
Amortization of intangible 15 7 26 14
Other 457 397 952 809
Total noninterest expenses 5,649 4,831 11,481 9,630
Income before income taxes 3,847 3,050 7,071 5,956
Income tax expense 685 543 1,244 1,048
Net income $ 3,162 $ 2,507 $ 5,827 $ 4,908
Basic and diluted earnings per share (in dollars per share) $ 1.04 $ 0.83 $ 1.92 $ 1.63
Deposit Account [Member]        
Noninterest income        
Noninterest income (in scope of Topic 606) $ 366 $ 314 $ 724 $ 621
Debit Card [Member]        
Noninterest income        
Noninterest income (in scope of Topic 606) $ 522 $ 445 $ 1,031 $ 901