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Provident Financial Holdings, Inc. Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Mar. 31, 2017
Mar. 31, 2016
Interest income:        
Loans receivable, net $ 9,704 $ 9,204 $ 30,300 $ 27,673
Investment securities 142 96 354 234
FHLB – San Francisco stock 184 163 827 542
Interest-earning deposits 250 183 406 417
Total interest income 10,280 9,646 31,887 28,866
Interest expense:        
Checking and money market deposits 90 116 293 355
Savings deposits 144 170 434 507
Time deposits 686 807 2,189 2,500
Borrowings 713 641 2,151 1,937
Total interest expense 1,633 1,734 5,067 5,299
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
Non-interest income:        
Loan servicing and other fees 362 [1] 383 [2] 939 [3] 800 [4]
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
Non-interest expense:        
Salaries and employee benefits 10,370 10,630 32,033 31,393
Premises and occupancy 1,241 1,146 3,765 3,424
Equipment 352 349 1,054 1,158
Professional expenses 436 583 1,571 1,555
Sales and marketing expenses 421 356 970 952
Deposit insurance premiums and regulatory assessments 189 252 614 764
Other 759 1,169 4,061 3,458
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
Basic earnings per share $ 0.14 $ 0.18 $ 0.53 $ 0.58
Diluted earnings per share 0.14 0.18 0.52 0.57
Cash dividends per share $ 0.13 $ 0.12 $ 0.39 $ 0.36
[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.