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Reportable Segments (Tables) | 12 Months Ended
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Jun. 30, 2017
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment | The following tables illustrate the Corporation’s operating segments for the fiscal years ended June 30, 2017, 2016 and 2015, respectively:
| For the Year Ended June 30, 2017
(In Thousands) | Provident Bank | Provident Bank Mortgage | Consolidated Totals
Net interest income | $ | 31,589 |  | $ | 4,149 |  | $ | 35,738 |
Recovery from the allowance for loan losses | (808 | ) | (234 | ) | (1,042 | )
Net interest income, after recovery from the allowance for loan losses | 32,397 |  | 4,383 |  | 36,780 |
Non-interest income: |  |  |
Loan servicing and other fees | 331 |  | 920 |  | 1,251 |
Gain on sale of loans, net | 137 |  | 25,543 |  | 25,680 |
Deposit account fees | 2,194 |  | — |  | 2,194 |
Loss on sale and operations of real estate owned acquired in the settlement of loans, net | (533 | ) | (24 | ) | (557 | )
Card and processing fees | 1,451 |  | — |  | 1,451 |
Other | 802 |  | — |  | 802 |
Total non-interest income | 4,382 |  | 26,439 |  | 30,821 |
Non-interest expense: |  |  |
Salaries and employee benefits | 18,622 |  | 23,120 |  | 41,742 |
Premises and occupancy | 3,251 |  | 1,810 |  | 5,061 |
Operating and administrative expenses | 4,846 |  | 7,136 |  | 11,982 |
Total non-interest expense | 26,719 |  | 32,066 |  | 58,785 |
Income (loss) before taxes | 10,060 |  | (1,244 | ) | 8,816 |
Provision (benefit) for income taxes | 4,132 |  | (523 | ) | 3,609 |
Net income (loss) | $ | 5,928 |  | $ | (721 | ) | $ | 5,207 |
Total assets, end of period | $ | 1,083,837 |  | $ | 116,796 |  | $ | 1,200,633 |
(In Thousands) | Year Ended June 30, 2016
Provident Bank | Provident Bank Mortgage | Consolidated Total
Net interest income | $ | 28,261 |  | $ | 4,068 |  | $ | 32,329 |
Recovery from the allowance for loan losses | (1,608 | ) | (107 | ) | (1,715 | )
Net interest income, after recovery from the allowance for loan losses | 29,869 |  | 4,175 |  | 34,044 |
Non-interest income: |  |  |
Loan servicing and other fees | 568 |  | 500 |  | 1,068 |
Gain on sale of loans, net | 25 |  | 31,496 |  | 31,521 |
Deposit account fees | 2,319 |  | — |  | 2,319 |
Loss on sale and operations of real estate owned acquired in the settlement of loans, net | (52 | ) | (43 | ) | (95 | )
Card and processing fees | 1,448 |  | — |  | 1,448 |
Other | 800 |  | — |  | 800 |
Total non-interest income | 5,108 |  | 31,953 |  | 37,061 |
Non-interest expense: |  |  |
Salaries and employee benefits | 18,165 |  | 24,444 |  | 42,609 |
Premises and occupancy | 2,959 |  | 1,687 |  | 4,646 |
Operating and administrative expenses | 4,710 |  | 6,294 |  | 11,004 |
Total non-interest expenses | 25,834 |  | 32,425 |  | 58,259 |
Income before income taxes | 9,143 |  | 3,703 |  | 12,846 |
Provision for income taxes | 3,815 |  | 1,557 |  | 5,372 |
Net income | $ | 5,328 |  | $ | 2,146 |  | $ | 7,474 |
Total assets, end of fiscal year | $ | 981,720 |  | $ | 189,661 |  | $ | 1,171,381 |
(In Thousands) | Year Ended June 30, 2015
Provident Bank | Provident Bank Mortgage | Consolidated Total
Net interest income | $ | 28,105 |  | $ | 5,170 |  | $ | 33,275 |
Recovery from the allowance for loan losses | (1,287 | ) | (100 | ) | (1,387 | )
Net interest income, after recovery from the allowance for loan losses | 29,392 |  | 5,270 |  | 34,662 |
Non-interest income: |  |  |
Loan servicing and other fees | 361 |  | 724 |  | 1,085 |
Gain on sale of loans, net | 36 |  | 34,174 |  | 34,210 |
Deposit account fees | 2,412 |  | — |  | 2,412 |
Gain (loss) on sale and operations of real estate owned acquired in the settlement of loans, net | 304 |  | (22 | ) | 282 |
Card and processing fees | 1,406 |  | — |  | 1,406 |
Other | 992 |  | — |  | 992 |
Total non-interest income | 5,511 |  | 34,876 |  | 40,387 |
Non-interest expense: |  |  |
Salaries and employee benefits | 18,295 |  | 23,323 |  | 41,618 |
Premises and occupancy | 2,944 |  | 1,722 |  | 4,666 |
Operating and administrative expenses | 4,602 |  | 7,083 |  | 11,685 |
Total non-interest expenses | 25,841 |  | 32,128 |  | 57,969 |
Income before income taxes | 9,062 |  | 8,018 |  | 17,080 |
Provision for income taxes | 3,906 |  | 3,371 |  | 7,277 |
Net income | $ | 5,156 |  | $ | 4,647 |  | $ | 9,803 |
Total assets, end of fiscal year | $ | 949,490 |  | $ | 225,065 |  | $ | 1,174,555 |

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