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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2021
Sep. 30, 2020
INTEREST INCOME:    
Loans $ 27,694 $ 25,907
Investment securities 528 490
Mortgage-backed securities 578 534
Other interest-earning assets 60 41
Total interest income 28,860 26,972
INTEREST EXPENSE:    
Deposits 2,816 4,390
Advances from FHLB 276 380
Subordinated debt 130 138
Total interest expense 3,222 4,908
NET INTEREST INCOME 25,638 22,064
PROVISION FOR CREDIT LOSSES (305) 1,000
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES 25,943 21,064
NONINTEREST INCOME:    
Deposit account charges and related fees 1,561 1,339
Bank card interchange income 951 830
Loan late charges 107 141
Loan servicing fees 154 310
Other loan fees 451 327
Net realized gains on sale of loans 369 1,206
Earnings on bank owned life insurance 281 280
Other income 641 508
Total noninterest income 4,515 4,941
NONINTEREST EXPENSE:    
Compensation and benefits 8,199 7,720
Occupancy and equipment, net 2,113 1,970
Data processing expense 1,269 1,062
Telecommunications expense 320 315
Deposit insurance premiums 178 201
Legal and professional fees 234 198
Advertising 329 230
Postage and office supplies 195 193
Intangible amortization 338 380
Foreclosed property expenses/losses 31 50
Other operating expense 1,018 953
Total noninterest expense 14,224 13,272
INCOME BEFORE INCOME TAXES 16,234 12,733
INCOME TAXES 3,488 2,747
NET INCOME $ 12,746 $ 9,986
Basic earnings per share $ 1.43 $ 1.09
Diluted earnings per share 1.43 1.09
Dividends paid $ 0.20 $ 0.15