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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Interest and dividend income    
Loans $ 33,245 $ 27,895
Commercial paper 1,116 155
Debt securities available for sale 678 524
Other investments and interest-bearing deposits 888 731
Total interest and dividend income 35,927 29,305
Interest expense    
Deposits 1,395 1,572
Borrowings 12 26
Total interest expense 1,407 1,598
Net interest income 34,520 27,707
Provision (benefit) for credit losses 3,987 (1,460)
Net interest income after provision (benefit) for credit losses 30,533 29,167
Noninterest income    
Service charges and fees on deposit accounts 2,338 2,372
Loan income and fees 570 979
Gain on sale of loans held for sale 1,586 4,057
BOLI income 527 518
Operating lease income 1,585 1,540
Other 804 886
Total noninterest income 7,410 10,352
Noninterest expense    
Salaries and employee benefits 14,815 15,280
Occupancy expense, net 2,408 2,317
Computer services 2,763 2,521
Telephone, postage, and supplies 603 650
Marketing and advertising 590 705
Deposit insurance premiums 542 566
Core deposit intangible amortization 34 93
Merger-related expenses 474 0
Other 3,872 3,884
Total noninterest expense 26,101 26,016
Net income before income taxes 11,842 13,503
Income tax expense 2,643 2,976
Net income $ 9,199 $ 10,527
Net income per common share    
Basic (in dollars per share) $ 0.61 $ 0.66
Diluted (in dollars per share) $ 0.60 $ 0.65
Average shares outstanding    
Basic (in shares) 14,988,006 15,761,247
Diluted (in shares) 15,130,762 16,146,611