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NOTE 21: Quarterly Financial Data (Unaudited) | 12 Months Ended
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Jun. 30, 2019
Notes |
NOTE 21: Quarterly Financial Data (Unaudited) | NOTE 21: Quarterly Financial Data (Unaudited) Quarterly operating data is summarized as follows (in thousands):
| June 30, 2019
(dollars in thousands) | First Quarter | Second Quarter | Third Quarter | Fourth Quarter
Interest income | $ 22,042 | $ 24,207 | $ 25,186 | $ 26,047
Interest expense | 4,875 | 6,139 | 6,632 | 7,054
Net interest income | 17,167 | 18,068 | 18,554 | 18,993
Provision for loan losses | 682 | 314 | 491 | 545
Noninterest income | 3,430 | 4,054 | 3,946 | 3,740
Noninterest expense | 11,449 | 12,552 | 13,190 | 12,778
Income before income taxes | 8,466 | 9,256 | 8,819 | 9,410
Income tax expense | 1,666 | 1,802 | 1,725 | 1,854
NET INCOME | $ 6,800 | $ 7,454 | $ 7,094 | $ 7,556
| June 30, 2018
(dollars in thousands) | First Quarter | Second Quarter | Third Quarter | Fourth Quarter
Interest income | $ 18,411 | $ 19,231 | $ 19,385 | $ 20,147
Interest expense | 3,308 | 3,528 | 3,710 | 4,245
Net interest income | 15,103 | 15,703 | 15,675 | 15,902
Provision for loan losses | 868 | 642 | 550 | 987
Noninterest income | 3,271 | 3,174 | 3,870 | 3,556
Noninterest expense | 10,755 | 10,519 | 11,927 | 11,274
Income before income taxes | 6,751 | 7,716 | 7,068 | 7,197
Income tax expense | 1,889 | 2,546 | 1,810 | 1,558
NET INCOME | $ 4,862 | $ 5,170 | $ 5,258 | $ 5,639
| June 30, 2017
(dollars in thousands) | First Quarter | Second Quarter | Third Quarter | Fourth Quarter
Interest income | $ 15,105 | $ 15,083 | $ 14,955 | $ 16,345
Interest expense | 2,529 | 2,510 | 2,523 | 2,804
Net interest income | 12,576 | 12,573 | 12,432 | 13,541
Provision for loan losses | 925 | 656 | 376 | 383
Noninterest income | 2,575 | 2,700 | 2,925 | 2,884
Noninterest expense | 9,159 | 8,706 | 9,564 | 10,823
Income before income taxes | 5,067 | 5,911 | 5,417 | 5,219
Income tax expense | 1,358 | 1,735 | 1,463 | 1,506
NET INCOME | $ 3,709 | $ 4,176 | $ 3,954 | $ 3,713

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- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -URI http://asc.fasb.org/topic&trid=2126967 + Details
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