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Note 21: Quarterly Financial Data (unaudited)
12 Months Ended
Jun. 30, 2016
Notes  
Note 21: Quarterly Financial Data (unaudited)

NOTE 21:  Quarterly Financial Data (Unaudited)

 

Quarterly operating data is summarized as follows (in thousands):

 

 

June 30, 2016

(dollars in thousands)

First Quarter

Second Quarter

Third Quarter

Fourth Quarter

 

 

 

 

 

Interest income

 $             13,972

 $             14,235

 $             13,849

 $             14,261

Interest expense

                  2,266

                  2,335

                  2,341

                  2,423

Net interest income

                11,706

                11,900

                11,508

                11,838

Provision for loan losses

                     618

                     496

                     563

                     817

Noninterest income

                  2,202

                  2,791

                  2,178

                  2,587

Noninterest expense

                  7,990

                  8,166

                  8,257

                  8,273

Income before income taxes

                  5,300

                  6,029

                  4,866

                  5,335

Income tax expense

                  1,665

                  1,820

                  1,544

                  1,653

NET INCOME

 $               3,635

 $               4,209

 $               3,322

 $               3,682

 

June 30, 2015

(dollars in thousands)

First Quarter

Second Quarter

Third Quarter

Fourth Quarter

 

 

 

 

 

Interest income

 $             13,219

 $             14,357

 $             13,909

 $             13,816

Interest expense

                  2,090

                  2,195

                  2,211

                  2,270

Net interest income

                11,129

                12,162

                11,698

                11,546

Provision for loan losses

                     827

                     862

                     837

                     659

Noninterest income

                  1,980

                  2,187

                  2,094

                  2,398

Noninterest expense

                  7,602

                  8,590

                  8,091

                  8,002

Income before income taxes

                  4,680

                  4,897

                  4,864

                  5,283

Income tax expense

                  1,381

                  1,460

                  1,497

                  1,718

NET INCOME

 $               3,299

 $               3,437

 $               3,367

 $               3,565

 

June 30, 2014

(dollars in thousands)

First Quarter

Second Quarter

Third Quarter

Fourth Quarter

 

 

 

 

 

Interest income

 $               9,165

 $             10,238

 $             10,316

 $             10,752

Interest expense

                  1,792

                  1,907

                  1,882

                  1,904

Net interest income

                  7,373

                  8,331

                  8,434

                  8,848

Provision for loan losses

                     500

                     295

                     253

                     598

Noninterest income

                  1,280

                  1,666

                  1,462

                  1,724

Noninterest expense

                  4,567

                  6,226

                  6,619

                  6,234

Income before income taxes

                  3,586

                  3,476

                  3,024

                  3,740

Income tax expense

                  1,023

                     957

                     781

                     984

NET INCOME

 $               2,563

 $               2,519

 $               2,243

 $               2,756