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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2013
Interest Income      
Loans $ 76,614 $ 66,794 $ 61,500
Mortgage-backed securities 18,634 20,827 23,688
Debt securities:      
Taxable 7,215 5,341 1,884
Tax-exempt 1,978 1,839 411
Other interest-earning assets 1,598 1,018 775
Total Interest Income 106,039 95,819 88,258
Interest Expense      
Deposits 15,939 14,538 14,711
Borrowings 9,492 7,460 7,290
Total Interest Expense 25,431 21,998 22,001
Net Interest Income 80,608 73,821 66,257
Provision for Loan Loses 6,108 3,381 4,464
Net Interest Income after Provision for Loan Losses 74,500 70,440 61,793
Non-Interest Income      
Fees and service charges 2,914 2,452 2,541
Gain on sale of securities 7 1,517 10,427
Gain on sale of loans 111 80 557
Loss on sale and write down of real estate owned (793) (441) (775)
Income from bank owned life insurance 3,999 2,735 1,966
Electronic banking fees and charges 1,037 1,160 1,145
Miscellaneous 666 620 527
Total Non-Interest Income 7,941 8,123 16,388
Non-Interest Expense      
Salaries and employee benefits 39,242 35,774 35,406
Net occupancy expense of premises 7,537 7,031 6,625
Equipment and systems 7,875 8,982 7,596
Advertising and marketing 1,208 1,262 1,002
Federal deposit insurance premium 2,534 2,288 2,166
Directors' compensation 709 690 698
Merger-related expenses   391  
Debt extinguishment expenses     8,688
Contribution to charitable foundation 10,000    
Miscellaneous 8,976 7,740 7,244
Total Non-Interest Expense 78,081 64,158 69,425
Income before Income Taxes 4,360 14,405 8,756
Income tax (benefit) expense (1,269) 4,217 2,250
Net Income $ 5,629 $ 10,188 $ 6,506
Net Income per Common Share (EPS)      
Basic $ 0.06 $ 0.11 $ 0.07
Diluted $ 0.06 $ 0.11 $ 0.07
Weighted Average Number of Common Shares Outstanding      
Basic 91,717 90,825 91,316
Diluted 91,841 90,880 91,316