NOTE 21: Quarterly Financial Data (Unaudited)

12 Months Ended

Jun. 30, 2019

Notes

NOTE 21: Quarterly Financial Data (Unaudited)

NOTE 21:  Quarterly Financial Data (Unaudited)

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

	June 30, 2019
(dollars in thousands)	First Quarter	Second Quarter	Third Quarter	Fourth Quarter
Interest income	$                     22,042	$                     24,207	$                     25,186	$                     26,047
Interest expense	4,875	6,139	6,632	7,054
Net interest income	17,167	18,068	18,554	18,993
Provision for loan losses	682	314	491	545
Noninterest income	3,430	4,054	3,946	3,740
Noninterest expense	11,449	12,552	13,190	12,778
Income before income taxes	8,466	9,256	8,819	9,410
Income tax expense	1,666	1,802	1,725	1,854
NET INCOME	$                       6,800	$                       7,454	$                       7,094	$                       7,556

	June 30, 2018
(dollars in thousands)	First Quarter	Second Quarter	Third Quarter	Fourth Quarter
Interest income	$                     18,411	$                     19,231	$                     19,385	$                     20,147
Interest expense	3,308	3,528	3,710	4,245
Net interest income	15,103	15,703	15,675	15,902
Provision for loan losses	868	642	550	987
Noninterest income	3,271	3,174	3,870	3,556
Noninterest expense	10,755	10,519	11,927	11,274
Income before income taxes	6,751	7,716	7,068	7,197
Income tax expense	1,889	2,546	1,810	1,558
NET INCOME	$                       4,862	$                       5,170	$                       5,258	$                       5,639

	June 30, 2017
(dollars in thousands)	First Quarter	Second Quarter	Third Quarter	Fourth Quarter
Interest income	$                     15,105	$                     15,083	$                     14,955	$                     16,345
Interest expense	2,529	2,510	2,523	2,804
Net interest income	12,576	12,573	12,432	13,541
Provision for loan losses	925	656	376	383
Noninterest income	2,575	2,700	2,925	2,884
Noninterest expense	9,159	8,706	9,564	10,823
Income before income taxes	5,067	5,911	5,417	5,219
Income tax expense	1,358	1,735	1,463	1,506
NET INCOME	$                       3,709	$                       4,176	$                       3,954	$                       3,713