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Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2020
Sep. 30, 2019
INTEREST INCOME:    
Loans $ 25,907 $ 25,640
Investment securities 490 520
Mortgage-backed securities 534 716
Other interest-earning assets 41 46
Total interest income 26,972 26,922
INTEREST EXPENSE:    
Deposits 4,390 6,578
Advances from FHLB 380 522
Note Payable 0 37
Subordinated debt 138 225
Total interest expense 4,908 7,362
NET INTEREST INCOME 22,064 19,560
PROVISION FOR CREDIT LOSSES 774 896
Net Interest Income After Provision for Loan Losses 21,290 18,664
NONINTEREST INCOME:    
Deposit Account Charges and Related Fees 1,339 1,423
Bank card interchange income 830 751
Loan Late Charges 141 146
Loan Servicing Fees 310 130
Other Loan Fees 327 243
Net realized gains on sale of loans 1,206 273
Earnings on bank owned life insurance 280 254
Other income 508 270
Total noninterest income 4,941 3,490
NONINTEREST EXPENSE:    
Compensation and benefits 7,720 7,125
Occupancy and equipment, net 1,970 1,852
Data processing expense 1,062 885
Telecommunications expense 315 320
Deposit insurance premiums 201 0
Legal and professional fees 198 184
Advertising 230 309
Postage and office supplies 193 183
Intangible amortization 380 441
Foreclosed property expenses/losses 50 48
Provision (credit) for off balance sheet credit exposure 226 (146)
Other operating expense 953 1,149
Total noninterest expense 13,498 12,350
INCOME BEFORE INCOME TAXES 12,733 9,804
INCOME TAXES 2,747 1,976
NET INCOME $ 9,986 $ 7,828
Basic earnings per common share $ 1.09 $ 0.85
Diluted earnings per common share 1.09 0.85
Dividends per common share $ 0.15 $ 0.15