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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2021
Sep. 30, 2020
INTEREST INCOME    
Loans receivable, including fees $ 5,214 $ 5,893
Securities 664 653
Other 106 111
Total interest income 5,984 6,657
INTEREST EXPENSE    
Deposits 484 1,081
Borrowings 238 359
Total interest expense 722 1,440
Net interest income 5,262 5,217
(Recovery) provision for loan losses (30) 66
NET INTEREST INCOME AFTER (RECOVERY) PROVISION FOR LOAN LOSSES 5,292 5,151
OTHER INCOME    
Service fees 213 183
Net gain on sale of securities 62  
Earnings on bank-owned life insurance 238 112
Unrealized gain on equity securities 105  
Net gain on disposition of premises and equipment   15
Other 87 90
Total other income 705 400
OTHER EXPENSES    
Salaries and employee benefits 2,712 2,554
Occupancy and equipment 675 759
Data processing 421 422
Professional fees 248 188
Amortization of intangible assets 57 64
Prepayment penalties 64 161
Other 690 587
Total other expense 4,867 4,735
Income before income taxes 1,130 816
Income tax (benefit) expense (30) 146
NET INCOME $ 1,160 $ 670
Basic earnings per share $ 0.08 $ 0.05
Diluted earnings per share $ 0.08 $ 0.05