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Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Interest and Dividend Income    
Interest and fees on loans $ 5,353 $ 5,897
Securities:    
Taxable 840 919
Tax-exempt 11 30
Federal Home Loan Bank dividends 34 23
Deposits with other financial institutions 27 139
Total interest and dividend income 6,265 7,008
Interest Expense    
Deposits 1,235 2,283
Federal Home Loan Bank advances and repurchase agreements 123 135
Line of credit and other borrowings 19 4
Total interest expense 1,377 2,422
Net Interest Income 4,888 4,586
Provision for Loan Losses 315 (54)
Net Interest Income After Provision for Loan Losses 4,573 4,640
Noninterest Income    
Insurance commissions 160 162
Brokerage commissions 225 235
Net realized gains on sales of available-for-sale securities 204 1
Mortgage banking income, net 90 45
Gain on sale of loans 563 140
Gain on foreclosed assets, net (9) (2)
Bank-owned life insurance income, net 70 70
Other 257 248
Total noninterest income 1,742 1,066
Noninterest Expense    
Compensation and benefits 2,877 2,665
Office occupancy 229 255
Equipment 423 386
Federal deposit insurance 44 28
Stationary, printing and office 33 30
Advertising 84 121
Professional services 100 116
Supervisory examinations 35 44
Audit and accounting services 73 69
Organizational dues and subscriptions 22 19
Insurance bond premiums 49 41
Telephone and postage 50 50
Other 453 367
Total noninterest expense 4,472 4,191
Income Before Income Tax 1,843 1,515
Provision for Income Tax 512 415
Net Income $ 1,331 $ 1,100
Earnings Per Share:    
Basic $ 0.44 $ 0.33
Diluted 0.44 0.33
Dividends declared per common share $ 0.15 $ 0.15
Customer Service Fees [Member]    
Noninterest Income    
Noninterest income $ 67 $ 102
Other Service Charges and Fees [Member]    
Noninterest Income    
Noninterest income $ 115 $ 65