XML 18 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2016
Interest and Dividend Income      
Loans $ 105,082 $ 90,069 $ 78,437
Securities available for sale 3,668 3,983 4,161
Certificates of deposit and other interest-bearing deposits 5,939 3,725 3,686
Other investments 2,013 1,659 1,463
Total interest and dividend income 116,702 99,436 87,747
Interest Expense      
Deposits 6,758 4,588 4,531
Borrowings 9,314 3,657 1,509
Total interest expense 16,072 8,245 6,040
Net Interest Income 100,630 91,191 81,707
Provision for Loan Losses 0 0 0
Net Interest Income after Provision for Loan Losses 100,630 91,191 81,707
Noninterest Income      
Service charges and fees on deposit accounts 8,802 7,709 7,469
Loan income and fees 5,452 3,645 3,069
BOLI income 2,117 2,088 1,643
Gain from sale of premises and equipment 164 385 10
Gain from sales of securities available for sale 0 22 0
Other, net 3,137 2,258 2,101
Total noninterest income 19,672 16,107 14,291
Noninterest Expense      
Salaries and employee benefits 48,170 46,446 42,491
Net occupancy expense 9,689 9,121 9,106
Marketing and advertising 1,478 1,670 2,037
Telephone, postage, and supplies 2,958 2,732 3,153
Deposit insurance premiums 1,619 1,378 1,985
Computer services 6,440 6,650 5,813
Loss on sale and impairment of REO 127 300 534
REO expense 1,065 1,114 1,265
Core deposit intangible amortization 2,645 2,823 2,907
Merger-related expenses 0 7,805 0
Impairment charges for branch consolidation 0 0 400
Other 11,140 10,220 9,950
Total noninterest expense 85,331 90,259 79,641
Income Before Income Taxes 34,971 17,039 16,357
Income Tax Expense 26,736 5,192 4,901
Net Income $ 8,235 $ 11,847 $ 11,456
Net income per common share:      
Basic (in dollars per share) $ 0.45 $ 0.66 $ 0.65
Diluted (in dollars per share) $ 0.44 $ 0.65 $ 0.65
Average shares outstanding:      
Basic (in shares) 18,028,854 17,379,487 17,417,046
Diluted (in shares) 18,726,431 17,956,443 17,606,689