Consolidated Statements of Income - USD ($) $ in Thousands |
12 Months Ended |
Jun. 30, 2017 |
Jun. 30, 2016 |
| Interest income: |
|
|
| Loans, including fees |
$ 12,333
|
$ 11,211
|
| Federal funds sold and interest-bearing deposits in financial institutions |
122
|
117
|
| Securities, taxable |
1,678
|
1,880
|
| Securities, tax-exempt |
1,434
|
1,399
|
| Total interest and dividend income |
15,567
|
14,607
|
| Interest expense: |
|
|
| Deposits |
792
|
679
|
| Interest Expense, Short-term Borrowings |
90
|
39
|
| Federal Home Loan Bank advances |
226
|
184
|
| Total interest expense |
1,108
|
902
|
| Net interest income |
14,459
|
13,705
|
| Provision for loan losses |
596
|
1,498
|
| Net interest income after provision for loan losses |
13,863
|
12,207
|
| Other income: |
|
|
| Service charges on deposit accounts |
1,245
|
1,269
|
| Debit card interchange income |
1,161
|
948
|
| Bank owned life insurance income |
246
|
193
|
| Gain on sale of mortgage loans |
258
|
186
|
| Securities gains, net |
209
|
202
|
| Gain (loss) on disposition or write-down of other real estate owned |
(35)
|
2
|
| Other |
166
|
188
|
| Total other income |
3,250
|
2,988
|
| Other expenses: |
|
|
| Salaries and employee benefits |
7,136
|
6,933
|
| Occupancy and equipment |
1,888
|
1,612
|
| Data processing expenses |
583
|
578
|
| Professional and director fees |
608
|
447
|
| Federal Deposit Insurance Corporation assessments |
175
|
268
|
| Franchise taxes |
336
|
334
|
| Marketing and advertising |
267
|
302
|
| Loan and collection expenses |
155
|
197
|
| Telephone and communications |
305
|
321
|
| Debit card processing expenses |
636
|
463
|
| Other |
1,389
|
1,314
|
| Total other expenses |
13,478
|
12,769
|
| Income before income taxes |
3,635
|
2,426
|
| Income tax expense |
641
|
279
|
| Net income |
$ 2,994
|
$ 2,147
|
| Basic and diluted earnings per share (in dollars per share) |
$ 1.10
|
$ 0.79
|