XML 43 R32.htm IDEA: XBRL DOCUMENT v3.7.0.1
Operating Segment Reports (Details)
$ in Thousands
 3 Months Ended 9 Months Ended
Mar. 31, 2017
USD ($)
Mar. 31, 2016
USD ($)
Mar. 31, 2017
USD ($)
segment
Mar. 31, 2016
USD ($)
Jun. 30, 2016
USD ($)
Number of operating segments | segment     2    
Net interest income $ 8,647 $ 7,912 $ 26,820 $ 23,567  
Recovery from the allowance for loan losses (165) (694) (665) (1,094)  
Net interest income, after recovery from the allowance for loan losses 8,812 8,606 27,485 24,661  
Loan servicing and other fees 362 [1] 383 [2] 939 [3] 800 [4]  
(Loss) gain on sale of loans, net 5,395 [5] 7,145 [6] 19,869 [7] 22,113 [8]  
Deposit account fees 562 590 1,664 1,790  
Loss on sale and operations of real estate owned acquired in the settlement of loans, net (74) (276) (240) (12)  
Card and processing fees 338 355 1,063 1,069  
Other 208 227 580 711  
Total non-interest income 6,791 8,424 23,875 26,471  
Salaries and employee benefits 10,370 10,630 32,033 31,393  
Premises and occupancy 1,241 1,146 3,765 3,424  
Operating and administrative expenses 2,157 2,709 8,270 7,887  
Total non-interest expense 13,768 14,485 44,068 42,704  
Income before income taxes 1,835 2,545 7,292 8,428  
Provision for income taxes 690 1,051 3,049 3,509  
Net income 1,145 1,494 4,243 4,919  
Total assets, end of period 1,199,445 1,173,751 1,199,445 1,173,751 $ 1,171,381
Loan Origination Fees          
Inter-company charge 173 135 0 0  
Loan Servicing Fees          
Inter-company charge 48 53 0 0  
Provident Bank          
Net interest income 7,940 6,915 23,336 20,519  
Recovery from the allowance for loan losses (121) (690) (431) (1,031)  
Net interest income, after recovery from the allowance for loan losses 8,061 7,605 23,767 21,550  
Loan servicing and other fees 125 [1] 126 [2] 444 [3] 458 [4]  
(Loss) gain on sale of loans, net 1 [5] 34 [6] 39 [7] 34 [8]  
Deposit account fees 562 590 1,664 1,790  
Loss on sale and operations of real estate owned acquired in the settlement of loans, net (68) (231) (231) 28  
Card and processing fees 338 355 1,063 1,069  
Other 208 227 580 711  
Total non-interest income 1,166 1,101 3,559 4,090  
Salaries and employee benefits 4,662 4,761 14,198 13,569  
Premises and occupancy 784 720 2,432 2,164  
Operating and administrative expenses 1,333 1,232 3,632 3,467  
Total non-interest expense 6,779 6,713 20,262 19,200  
Income before income taxes 2,448 1,993 7,064 6,440  
Provision for income taxes 948 819 2,953 2,673  
Net income 1,500 1,174 4,111 3,767  
Total assets, end of period 1,093,715 989,538 1,093,715 989,538  
Provident Bank Mortgage          
Net interest income 707 997 3,484 3,048  
Recovery from the allowance for loan losses (44) (4) (234) (63)  
Net interest income, after recovery from the allowance for loan losses 751 1,001 3,718 3,111  
Loan servicing and other fees 237 [1] 257 [2] 495 [3] 342 [4]  
(Loss) gain on sale of loans, net 5,394 [5] 7,111 [6] 19,830 [7] 22,079 [8]  
Deposit account fees 0 0 0 0  
Loss on sale and operations of real estate owned acquired in the settlement of loans, net (6) (45) (9) (40)  
Card and processing fees 0 0 0 0  
Other 0 0 0 0  
Total non-interest income 5,625 7,323 20,316 22,381  
Salaries and employee benefits 5,708 5,869 17,835 17,824  
Premises and occupancy 457 426 1,333 1,260  
Operating and administrative expenses 824 1,477 4,638 4,420  
Total non-interest expense 6,989 7,772 23,806 23,504  
Income before income taxes (613) 552 228 1,988  
Provision for income taxes (258) 232 96 836  
Net income (355) 320 132 1,152  
Total assets, end of period $ 105,730 $ 184,213 $ 105,730 $ 184,213  
[1] Includes an inter-company charge of $173 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 $135 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 $396 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 $303 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 $48 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 $53 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 $216 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 $352 credited to PBM by the Bank during the period to compensate PBM for servicing fees on loans sold on a servicing retained basis.