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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, 2015
Mar. 31, 2014
Mar. 31, 2015
Mar. 31, 2014
Interest income:        
Loans receivable, net $ 9,689us-gaap_InterestAndFeeIncomeLoansAndLeases $ 8,731us-gaap_InterestAndFeeIncomeLoansAndLeases $ 28,260us-gaap_InterestAndFeeIncomeLoansAndLeases $ 27,522us-gaap_InterestAndFeeIncomeLoansAndLeases
Investment securities 70us-gaap_InterestAndDividendIncomeSecurities 82us-gaap_InterestAndDividendIncomeSecurities 218us-gaap_InterestAndDividendIncomeSecurities 260us-gaap_InterestAndDividendIncomeSecurities
FHLB – San Francisco stock 126us-gaap_InterestIncomeSecuritiesOtherUSGovernment 203us-gaap_InterestIncomeSecuritiesOtherUSGovernment 402us-gaap_InterestIncomeSecuritiesOtherUSGovernment 615us-gaap_InterestIncomeSecuritiesOtherUSGovernment
Interest-earning deposits 52us-gaap_InterestIncomeFederalFundsSold 142us-gaap_InterestIncomeFederalFundsSold 222us-gaap_InterestIncomeFederalFundsSold 390us-gaap_InterestIncomeFederalFundsSold
Total interest income 9,937us-gaap_InterestAndDividendIncomeOperating 9,158us-gaap_InterestAndDividendIncomeOperating 29,102us-gaap_InterestAndDividendIncomeOperating 28,787us-gaap_InterestAndDividendIncomeOperating
Interest expense:        
Checking and money market deposits 101us-gaap_InterestExpenseDomesticDepositLiabilitiesChecking 94us-gaap_InterestExpenseDomesticDepositLiabilitiesChecking 315us-gaap_InterestExpenseDomesticDepositLiabilitiesChecking 292us-gaap_InterestExpenseDomesticDepositLiabilitiesChecking
Savings deposits 160us-gaap_InterestExpenseSavingsDeposits 153us-gaap_InterestExpenseSavingsDeposits 477us-gaap_InterestExpenseSavingsDeposits 452us-gaap_InterestExpenseSavingsDeposits
Time deposits 910us-gaap_InterestExpenseTimeDeposits 1,058us-gaap_InterestExpenseTimeDeposits 2,826us-gaap_InterestExpenseTimeDeposits 3,492us-gaap_InterestExpenseTimeDeposits
Borrowings 388us-gaap_InterestExpenseBorrowings 403us-gaap_InterestExpenseBorrowings 1,059us-gaap_InterestExpenseBorrowings 1,485us-gaap_InterestExpenseBorrowings
Total interest expense 1,559us-gaap_InterestExpense 1,708us-gaap_InterestExpense 4,677us-gaap_InterestExpense 5,721us-gaap_InterestExpense
Net interest income 8,378us-gaap_InterestIncomeExpenseNet 7,450us-gaap_InterestIncomeExpenseNet 24,425us-gaap_InterestIncomeExpenseNet 23,066us-gaap_InterestIncomeExpenseNet
Recovery from the allowance for loan losses (111)us-gaap_ProvisionForLoanLossesExpensed (849)us-gaap_ProvisionForLoanLossesExpensed (1,283)us-gaap_ProvisionForLoanLossesExpensed (2,689)us-gaap_ProvisionForLoanLossesExpensed
Net interest income, after recovery from the allowance for loan losses 8,489us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss 8,299us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss 25,708us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss 25,755us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss
Non-interest income:        
Loan servicing and other fees 264us-gaap_ServicingFeesNet 252us-gaap_ServicingFeesNet 823us-gaap_ServicingFeesNet 778us-gaap_ServicingFeesNet
Gain on sale of loans, net 9,754us-gaap_GainLossOnSalesOfLoansNet 5,291us-gaap_GainLossOnSalesOfLoansNet 25,448us-gaap_GainLossOnSalesOfLoansNet 17,777us-gaap_GainLossOnSalesOfLoansNet
Deposit account fees 607us-gaap_FeesAndCommissionsDepositorAccounts 628us-gaap_FeesAndCommissionsDepositorAccounts 1,837us-gaap_FeesAndCommissionsDepositorAccounts 1,868us-gaap_FeesAndCommissionsDepositorAccounts
Gain (loss) on sale and operations of real estate owned acquired in the settlement of loans, net 58us-gaap_GainsLossesOnSalesOfInvestmentRealEstate 45us-gaap_GainsLossesOnSalesOfInvestmentRealEstate (12)us-gaap_GainsLossesOnSalesOfInvestmentRealEstate 15us-gaap_GainsLossesOnSalesOfInvestmentRealEstate
Card and processing fees 338us-gaap_FeesAndCommissionsCreditCards 336us-gaap_FeesAndCommissionsCreditCards 1,030us-gaap_FeesAndCommissionsCreditCards 997us-gaap_FeesAndCommissionsCreditCards
Other 248us-gaap_NoninterestIncomeOtherOperatingIncome 239us-gaap_NoninterestIncomeOtherOperatingIncome 750us-gaap_NoninterestIncomeOtherOperatingIncome 683us-gaap_NoninterestIncomeOtherOperatingIncome
Total non-interest income 11,269us-gaap_NoninterestIncome 6,791us-gaap_NoninterestIncome 29,876us-gaap_NoninterestIncome 22,118us-gaap_NoninterestIncome
Non-interest expense:        
Salaries and employee benefits 10,950us-gaap_LaborAndRelatedExpense 8,811us-gaap_LaborAndRelatedExpense 30,481us-gaap_LaborAndRelatedExpense 28,175us-gaap_LaborAndRelatedExpense
Premises and occupancy 1,106us-gaap_OccupancyNet 1,099us-gaap_OccupancyNet 3,604us-gaap_OccupancyNet 3,362us-gaap_OccupancyNet
Equipment 420us-gaap_EquipmentExpense 435us-gaap_EquipmentExpense 1,306us-gaap_EquipmentExpense 1,389us-gaap_EquipmentExpense
Professional expenses 671us-gaap_ProfessionalFees 383us-gaap_ProfessionalFees 1,628us-gaap_ProfessionalFees 1,314us-gaap_ProfessionalFees
Sales and marketing expenses 458us-gaap_SellingAndMarketingExpense 418us-gaap_SellingAndMarketingExpense 1,188us-gaap_SellingAndMarketingExpense 1,224us-gaap_SellingAndMarketingExpense
Deposit insurance premiums and regulatory assessments 227us-gaap_FederalDepositInsuranceCorporationPremiumExpense 251us-gaap_FederalDepositInsuranceCorporationPremiumExpense 738us-gaap_FederalDepositInsuranceCorporationPremiumExpense 694us-gaap_FederalDepositInsuranceCorporationPremiumExpense
Other 1,336us-gaap_OtherNoninterestExpense 1,156us-gaap_OtherNoninterestExpense 3,874us-gaap_OtherNoninterestExpense 3,796us-gaap_OtherNoninterestExpense
Total non-interest expense 15,168us-gaap_NoninterestExpense 12,553us-gaap_NoninterestExpense 42,819us-gaap_NoninterestExpense 39,954us-gaap_NoninterestExpense
Income before income taxes 4,590us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic 2,537us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic 12,765us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic 7,919us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
Provision for income taxes 1,990us-gaap_IncomeTaxExpenseBenefit 1,138us-gaap_IncomeTaxExpenseBenefit 5,447us-gaap_IncomeTaxExpenseBenefit 3,404us-gaap_IncomeTaxExpenseBenefit
Net income $ 2,600us-gaap_NetIncomeLoss $ 1,399us-gaap_NetIncomeLoss $ 7,318us-gaap_NetIncomeLoss $ 4,515us-gaap_NetIncomeLoss
Basic earnings per share $ 0.29us-gaap_EarningsPerShareBasic $ 0.14us-gaap_EarningsPerShareBasic $ 0.80us-gaap_EarningsPerShareBasic $ 0.45us-gaap_EarningsPerShareBasic
Diluted earnings per share $ 0.29us-gaap_EarningsPerShareDiluted $ 0.14us-gaap_EarningsPerShareDiluted $ 0.79us-gaap_EarningsPerShareDiluted $ 0.44us-gaap_EarningsPerShareDiluted
Cash dividends per share $ 0.11us-gaap_CommonStockDividendsPerShareCashPaid $ 0.1us-gaap_CommonStockDividendsPerShareCashPaid $ 0.33us-gaap_CommonStockDividendsPerShareCashPaid $ 0.3us-gaap_CommonStockDividendsPerShareCashPaid