XML 121 R4.htm IDEA: XBRL DOCUMENT v3.2.0.727
Provident Financial Holdings, Inc. Consolidated Statements of Operations - USD ($)
$ in Thousands
 12 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2013
Interest income:      
Loans receivable, net $ 38,337 $ 36,424 $ 42,905
Investment securities 287 339 428
FHLB – San Francisco stock 796 793 438
Interest-earning deposits 276 503 390
Total interest income 39,696 38,059 44,161
Interest expense:      
Deposits 4,761 5,495 6,585
Borrowings 1,660 1,841 4,219
Total interest expense 6,421 7,336 10,804
Net interest income 33,275 30,723 33,357
Recovery from the allowance for loan losses (1,387) (3,380) (1,499)
Net interest income, after (recovery) provision for loan losses 34,662 34,103 34,856
Non-interest income:      
Loan servicing and other fees 1,085 1,077 1,093
Gain on sale of loans, net 34,210 25,799 68,493
Deposit account fees 2,412 2,469 2,449
Gain on sale and operations of real estate owned acquired in the settlement of loans, net 282 18 916
Card and processing fees 1,406 1,370 1,292
Other 992 942 957
Total non-interest income 40,387 31,675 75,200
Non-interest expense:      
Salaries and employee benefits 41,618 38,044 50,450
Premises and occupancy 4,666 4,468 4,432
Equipment expense 1,720 1,830 1,830
Professional expense 2,179 1,832 1,858
Sales and marketing expense 1,643 1,761 1,859
Deposit insurance premium and regulatory assessments 974 945 1,066
Other 5,169 5,288 5,848
Total non-interest expense 57,969 54,168 67,343
Income before income taxes 17,080 11,610 42,713
Provision for income taxes 7,277 5,004 16,916
Net income $ 9,803 $ 6,606 $ 25,797
Basic earnings per share (in dollars per share) $ 1.09 $ 0.67 $ 2.43
Diluted earnings per share (in dollars per share) 1.07 0.65 2.38
Cash dividends per share (in dollars per share) $ 0.45 $ 0.40 $ 0.24