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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2015
Dec. 31, 2014
Interest, dividend and loan fee income:        
Loans and leases receivable $ 9,978 $ 10,192 $ 20,063 $ 19,352
Investment securities and interest-earning deposits 807 1,059 1,553 2,265
Total interest, dividend and loan fee income 10,785 11,251 21,616 21,617
Interest expense:        
Deposits 928 899 1,773 1,815
Advances from Federal Home Loan Bank and other borrowings 371 988 750 2,152
Total interest expense 1,299 1,887 2,523 3,967
Net interest income 9,486 9,364 19,093 17,650
Provision for losses on loans and leases 192 941 370 919
Net interest income after provision for losses on loans and leases 9,294 8,423 18,723 16,731
Noninterest income:        
Fees on deposits 1,366 1,550 2,827 3,149
Loan servicing income, net 329 345 664 715
Gain on sale of loans 670 472 1,443 1,019
Earnings on cash value of life insurance 212 208 422 415
Trust income 235 225 449 448
Commission and insurance income 432 367 923 786
Gain (loss) on sale of securities, net 15 (75) 20 (41)
Gain (Loss) on Sale of Project 0 0 2,847 0
Loss on disposal of closed-branch fixed assets 0 0 0 (163)
Other 93 33 202 138
Total noninterest income 3,352 3,125 9,797 6,466
Noninterest expense:        
Compensation and employee benefits 6,119 5,508 12,178 10,759
Occupancy and equipment 1,083 1,008 2,129 2,051
FDIC insurance 148 191 338 406
Check and data processing expense 865 815 1,730 1,648
Professional fees 909 425 1,584 1,065
Marketing and community investment 345 376 619 748
Loss on early extinguishment of debt 0 4,065 0 4,065
Other 1,006 761 1,829 1,428
Total noninterest expense 10,475 13,149 20,407 22,170
Income before income taxes 2,171 (1,601) 8,113 1,027
Income tax expense (benefit) 693 (733) 2,783 83
Net income (loss) $ 1,478 $ (868) $ 5,330 $ 944
Basic earnings per common share (usd per share) $ 0.21 $ (0.12) $ 0.76 $ 0.13
Diluted earnings per common share (usd per share) 0.21 (0.12) 0.75 0.13
Dividend declared per common share (usd per share) $ 0.11 $ 0.11 $ 0.23 $ 0.23