XML 25 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Provident Financial Holdings, Inc. Condensed Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
 3 Months Ended 9 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Mar. 31, 2012
Mar. 31, 2011
Interest income:        
Loans receivable, net $ 12,205 $ 13,715 $ 38,215 $ 44,164
Investment securities 126 185 407 643
FHLB - San Francisco stock 30 [1] 22 [1] 68 [1] 88 [1]
Interest-earning deposits 93 104 227 234
Total interest income 12,454 14,026 38,917 45,129
Interest expense:        
Checking and money market deposits 147 225 523 801
Savings deposits 184 257 600 884
Time deposits 1,683 1,930 5,413 6,165
Borrowings 1,464 2,442 5,101 8,587
Total interest expense 3,478 4,854 11,637 16,437
Net interest income, before provision for loan losses 8,976 9,172 27,280 28,692
Provision for loan losses 1,622 2,693 3,726 4,618
Net interest income, after provision for loan losses 7,354 6,479 23,554 24,074
Non-interest income:        
Loan servicing and other fees 256 298 564 697
Gain on sale of loans, net 10,138 6,680 23,311 25,459
Deposit account fees 609 633 1,838 1,933
Loss on sale and operations of real estate owned acquired in the settlement of loans, net (215) (550) (106) (1,608)
Gain on sale of premises and equipment   1,086   1,086
Card and processing fees 306 [2] 312 [2] 946 [2] 940 [2]
Other non-interest income 215 205 617 589
Total non-interest income 11,309 8,664 27,170 29,096
Non-interest expenses:        
Salaries and employee benefits 10,349 7,170 27,583 22,112
Premises and occupancy 915 786 2,743 2,410
Equipment expense 357 394 1,081 1,097
Professional expenses 540 356 1,428 1,157
Sales and marketing expenses 315 202 692 496
Deposit insurance premiums and regulatory assessments 364 [3] 695 [3] 996 [3] 2,040 [3]
Other non-interest expense 1,757 1,409 4,851 4,252
Total non-interest expense 14,597 11,012 39,374 33,564
Income before income taxes 4,066 4,131 11,350 19,606
Provision for income taxes 1,734 1,796 4,846 8,487
Net income $ 2,332 $ 2,335 $ 6,504 $ 11,119
Basic earnings per share $ 0.21 $ 0.20 $ 0.57 $ 0.98
Diluted earnings per share $ 0.21 $ 0.20 $ 0.57 $ 0.98
Cash dividends per share $ 0.04 $ 0.01 $ 0.10 $ 0.03
[1] Includes dividends received on FHLB Stock.
[2] Includes Debit Card transaction fees.
[3] Includes regulatory assessments.