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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2016
Dec. 31, 2015
Interest and Dividend Income        
Loans $ 19,871 $ 19,333 $ 40,352 $ 38,968
Securities available for sale 862 1,038 1,742 2,237
Certificates of deposit and other interest-bearing deposits 939 851 1,982 1,681
Other investments 391 344 778 689
Total interest and dividend income 22,063 21,566 44,854 43,575
Interest Expense        
Deposits 1,041 1,141 2,140 2,332
Other borrowings 607 275 1,162 522
Total interest expense 1,648 1,416 3,302 2,854
Net Interest Income 20,415 20,150 41,552 40,721
Provision for Loan Losses 0 0 0 0
Net Interest Income after Provision for Loan Losses 20,415 20,150 41,552 40,721
Noninterest Income        
Service charges on deposit accounts 1,712 1,618 3,461 3,317
Mortgage banking income and fees 937 590 1,914 1,318
Gain (Loss) on Disposition of Property Plant Equipment 0 0 385 0
Other, net 1,118 797 2,084 1,739
Total noninterest income 3,767 3,005 7,844 6,374
Noninterest Expense        
Salaries and employee benefits 11,839 10,875 22,530 21,732
Net occupancy expense 2,015 2,306 4,076 4,565
Marketing and advertising 459 499 889 984
Telephone, postage, and supplies 574 842 1,187 1,672
Deposit insurance premiums 203 523 481 1,048
Computer services 1,648 1,406 3,075 2,990
Loss on sale and impairment of REO 339 159 469 138
REO expense 378 327 522 682
Core deposit intangible amortization 618 743 1,268 1,517
Merger-related expenses 27 0 334 0
Other 2,206 2,162 4,441 4,349
Total noninterest expense 20,306 19,842 39,272 39,677
Income Before Income Taxes 3,876 3,313 10,124 7,418
Income Tax Expense 893 864 3,317 2,405
Net Income $ 2,983 $ 2,449 $ 6,807 $ 5,013
Net income per common share:        
Basic (in dollars per share) $ 0.17 $ 0.14 $ 0.39 $ 0.28
Diluted (in dollars per share) $ 0.17 $ 0.14 $ 0.39 $ 0.28
Average shares outstanding:        
Basic (in shares) 16,900,387 17,479,150 16,893,775 17,778,568
Diluted (in shares) 17,556,587 17,810,984 17,490,675 18,053,187