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Provident Financial Holdings, Inc. Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2016
Dec. 31, 2015
Interest income:        
Loans receivable, net $ 10,116 $ 8,979 $ 20,596 $ 18,469
Investment securities 128 71 212 138
FHLB – San Francisco stock 458 179 643 379
Interest-earning deposits 101 134 156 234
Total interest income 10,803 9,363 21,607 19,220
Interest expense:        
Checking and money market deposits 105 122 203 239
Savings deposits 146 169 290 337
Time deposits 731 835 1,503 1,693
Borrowings 736 648 1,438 1,296
Total interest expense 1,718 1,774 3,434 3,565
Net interest income 9,085 7,589 18,173 15,655
Recovery from the allowance for loan losses (350) (362) (500) (400)
Net interest income, after recovery from the allowance for loan losses 9,435 7,951 18,673 16,055
Non-interest income:        
Loan servicing and other fees 310 [1] 306 [2] 577 [3] 417 [4]
Gain on sale of loans, net 6,478 [5] 6,044 [6] 14,474 [7] 14,968 [8]
Deposit account fees 552 590 1,102 1,200
(Loss) gain on sale and operations of real estate owned acquired in the settlement of loans, net (63) 35 (166) 264
Card and processing fees 361 352 725 714
Other 194 271 372 484
Total non-interest income 7,832 7,598 17,084 18,047
Non-interest expense:        
Salaries and employee benefits 10,349 9,971 21,663 20,763
Premises and occupancy 1,235 1,170 2,524 2,278
Equipment 340 430 702 809
Professional expenses 630 472 1,135 972
Sales and marketing expenses 253 334 549 596
Deposit insurance premiums and regulatory assessments 177 250 425 512
Other 1,684 1,232 3,302 2,289
Total non-interest expense 14,668 13,859 30,300 28,219
Income before income taxes 2,599 1,690 5,457 5,883
Provision for income taxes 1,095 708 2,359 2,458
Net income $ 1,504 $ 982 $ 3,098 $ 3,425
Basic earnings per share $ 0.19 $ 0.12 $ 0.39 $ 0.40
Diluted earnings per share 0.18 0.11 0.38 0.39
Cash dividends per share $ 0.13 $ 0.12 $ 0.26 $ 0.24
[1] Includes an inter-company charge of $128 credited to PBM by the Bank during the period to compensate PBM for originating loans held for investment.
[2] Includes an inter-company charge of $103 credited to PBM by the Bank during the period to compensate PBM for originating loans held for investment.
[3] Includes an inter-company charge of $223 credited to PBM by the Bank during the period to compensate PBM for originating loans held for investment.
[4] Includes an inter-company charge of $168 credited to PBM by the Bank during the period to compensate PBM for originating loans held for investment.
[5] Includes an inter-company charge of $109 credited to PBM by the Bank during the period to compensate PBM for servicing fees on loans sold on a servicing retained basis.
[6] Includes an inter-company charge of $191 credited to PBM by the Bank during the period to compensate PBM for servicing fees on loans sold on a servicing retained basis.
[7] Includes an inter-company charge of $168 credited to PBM by the Bank during the period to compensate PBM for servicing fees on loans sold on a servicing retained basis.
[8] Includes an inter-company charge of $299 credited to PBM by the Bank during the period to compensate PBM for servicing fees on loans sold on a servicing retained basis.