XML 13 R4.htm IDEA: XBRL DOCUMENT v3.22.2.2
Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Interest and Dividend Income    
Interest and fees on loans $ 5,600 $ 5,283
Securities:    
Taxable 1,335 904
Tax-exempt 27 9
Federal Home Loan Bank dividends 31 29
Deposits with other financial institutions 85 26
Total interest and dividend income 7,078 6,251
Interest Expense    
Deposits 616 563
Federal Home Loan Bank advances and repurchase agreements 212 97
Line of credit and other borrowings 0 19
Total interest expense 828 679
Net Interest Income 6,250 5,572
Provision (Credit) for Credit Losses (88) (127)
Net Interest Income After Provision for Credit Losses 6,338 5,699
Noninterest Income    
Insurance commissions 173 187
Brokerage commissions 238 288
Mortgage banking income, net 177 93
Gain on sale of loans 42 226
Bank-owned life insurance income, net 97 239
Other 328 344
Total noninterest income 1,218 1,545
Noninterest Expense    
Compensation and benefits 3,128 3,023
Office occupancy 242 236
Equipment 566 516
Federal deposit insurance 53 46
Stationary, printing and office 21 28
Advertising 101 88
Professional services 172 105
Supervisory examinations 45 43
Audit and accounting services 51 76
Organizational dues and subscriptions 22 22
Insurance bond premiums 53 53
Telephone and postage 41 37
Gain on foreclosed assets, net (28) (13)
Other 380 430
Total noninterest expense 4,847 4,690
Income Before Income Tax 2,709 2,554
Provision for Income Tax 740 663
Net Income $ 1,969 $ 1,891
Earnings Per Share:    
Basic $ 0.63 $ 0.62
Diluted 0.62 0.61
Dividends declared per common share $ 0.2 $ 0.175
Customer Service Fees [Member]    
Noninterest Income    
Noninterest income $ 105 $ 86
Other Service Charges and Fees [Member]    
Noninterest Income    
Noninterest income $ 58 $ 82