Quarterly Financial Data (Unaudited)

12 Months Ended

Jun. 30, 2023

Quarterly Financial Data (Unaudited)

Quarterly Financial Data (Unaudited)

NOTE 18: Quarterly Financial Data (Unaudited)

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

	June 30, 2023
	First		Second		Third		Fourth
(dollars in thousands)	Quarter		Quarter		Quarter		Quarter
Interest income	$	34,996	$	38,851	$	48,286	$	54,283
Interest expense		6,487		10,600		14,519		18,065
Net interest income		28,509		28,251		33,767		36,218
Provision for credit losses		5,056		1,138		10,072		795
Noninterest income		5,513		5,456		6,284		8,951
Noninterest expense		16,920		17,638		26,992		24,875
Income before income taxes		12,046		14,931		2,987		19,499
Income tax expense		2,442		3,267		578		3,939
NET INCOME	$	9,604	$	11,664	$	2,409	$	15,560
Basic earnings per share	$	1.04	$	1.26	$	0.22	$	1.37
Diluted earnings per share	$	1.04	$	1.26	$	0.22	$	1.37

	June 30, 2022
	First		Second		Third		Fourth
(dollars in thousands)	Quarter		Quarter		Quarter		Quarter
Interest income	$	28,860	$	28,096	$	28,339	$	31,572
Interest expense		3,223		3,038		3,225		3,814
Net interest income		25,637		25,058		25,114		27,758
Provision for loan losses		(305)		—		1,552		240
Noninterest income		4,515		5,285		4,904		6,499
Noninterest expense		14,221		15,070		16,757		17,331
Income before income taxes		16,236		15,273		11,709		16,686
Income tax expense		3,487		3,288		2,358		3,602
NET INCOME	$	12,749	$	11,985	$	9,351	$	13,084
Basic earnings per share	$	1.43	$	1.35	$	1.03	$	1.41
Diluted earnings per share	$	1.43	$	1.34	$	1.03	$	1.41

	June 30, 2021
	First		Second		Third		Fourth
(dollars in thousands)	Quarter		Quarter		Quarter		Quarter
Interest income	$	26,972	$	27,871	$	27,100	$	27,532
Interest expense		4,908		4,344		3,951		3,586
Net interest income		22,064		23,527		23,149		23,946
Provision for loan losses		1,000		1,000		(409)		(2,615)
Noninterest income		4,941		5,720		4,524		4,857
Noninterest expense		13,272		13,046		13,528		14,201
Income before income taxes		12,733		15,201		14,554		17,217
Income tax expense		2,747		3,153		3,096		3,529
NET INCOME	$	9,986	$	12,048	$	11,458	$	13,688
Basic earnings per share	$	1.09	$	1.33	$	1.27	$	1.53
Diluted earnings per share	$	1.09	$	1.32	$	1.27	$	1.53