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Quarterly Results of Operations (Unaudited) Quarterly Results of Operations (Unaudited)
 12 Months Ended
Jun. 30, 2018
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Results of Operations (Unaudited)
Quarterly Results of Operations (Unaudited)

The following tables set forth the quarterly financial data for the fiscal years ended June 30, 2018 and 2017 :
 
For Fiscal Year 2018
(Dollars In Thousands, Except Per Share Amount)
For the
Year Ended
June 30,
2018
Fourth
Quarter
Third
Quarter
Second
Quarter
First
Quarter
 
 
 
 
 
 
Interest income
$
42,712

$
10,910

$
10,692

$
10,365

$
10,745

Interest expense
6,412

1,603

1,568

1,614

1,627

Net interest income
36,300

9,307

9,124

8,751

9,118

 
 
 
 
 
 
(Recovery) provision from the allowance for loan
  losses
(536
)
(189
)
(505
)
(11
)
169

Net interest income, after (recovery) provision
  from the allowance for loan losses
36,836

9,496

9,629

8,762

8,949

 
 
 
 
 
 
Non-interest income
21,895

4,592

5,210

5,741

6,352

Non-interest expense(1)
53,204

11,818

12,439

13,213

15,734

Income (loss) before income taxes
5,527

2,270

2,400

1,290

(433
)
 
 
 
 
 
 
Provision (benefit) for income taxes(2)
3,396

870

667

2,067

(208
)
Net income (loss)
$
2,131

$
1,400

$
1,733

$
(777
)
$
(225
)
 
 
 
 
 
 
Basic earnings (loss) per share
$
0.28

$
0.19

$
0.23

$
(0.10
)
$
(0.03
)
Diluted earnings (loss) per share
$
0.28

$
0.18

$
0.23

$
(0.10
)
$
(0.03
)

(1) Includes $3.4 million, $0.7 million and $2.8 million of litigation settlement expenses for the year ended June 30, 2018, second quarter and first quarter of fiscal 2018, respectively.
(2) Includes a net tax charge of $1.8 million resulting from the revaluation of net deferred tax assets consistent with the Tax Act for the year ended June 30, 2018 and second quarter of fiscal 2018.


 
For Fiscal Year 2017
(Dollars In Thousands, Except Per Share Amount)
For the
Year Ended
June 30,
2017
Fourth
Quarter
Third
Quarter
Second
Quarter
First
Quarter
 
 
 
 
 
 
Interest income
$
42,417

$
10,530

$
10,280

$
10,803

$
10,804

Interest expense
6,679

1,612

1,633

1,718

1,716

Net interest income
35,738

8,918

8,647

9,085

9,088

 
 
 
 
 
 
Recovery from the allowance for loan losses
(1,042
)
(377
)
(165
)
(350
)
(150
)
Net interest income, after recovery from the
allowance for loan losses
36,780

9,295

8,812

9,435

9,238

 
 
 
 
 
 
Non-interest income
30,821

6,946

6,791

7,832

9,252

Non-interest expense(1)
58,785

14,717

13,768

14,668

15,632

Income before income taxes
8,816

1,524

1,835

2,599

2,858

 
 
 
 
 
 
Provision for income taxes
3,609

560

690

1,095

1,264

Net income
$
5,207

$
964

$
1,145

$
1,504

$
1,594

 
 
 
 
 
 
Basic earnings per share
$
0.66

$
0.12

$
0.14

$
0.19

$
0.20

Diluted earnings per share
$
0.64

$
0.12

$
0.14

$
0.18

$
0.20

. 
(1) Includes $1.2 million, $1.0 million and $0.2 million of litigation settlement expenses for the year ended June 30, 2017, fourth quarter and second quarter of fiscal 2017, respectively.