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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, 2018
Mar. 31, 2017
Mar. 31, 2018
Mar. 31, 2017
Interest income:        
Loans receivable, net $ 9,933 $ 9,704 $ 29,825 $ 30,300
Investment securities 382 142 958 354
FHLB – San Francisco stock 144 184 428 827
Interest-earning deposits 233 250 591 406
Total interest income 10,692 10,280 31,802 31,887
Interest expense:        
Checking and money market deposits 96 90 311 293
Savings deposits 147 144 445 434
Time deposits 613 686 1,877 2,189
Borrowings 712 713 2,176 2,151
Total interest expense 1,568 1,633 4,809 5,067
Net interest income 9,124 8,647 26,993 26,820
Recovery from the allowance for loan losses (505) (165) (347) (665)
Net interest income, after recovery from the allowance for loan losses 9,629 8,812 27,340 27,485
Non-interest income:        
Loan servicing and other fees 493 [1] 362 [2] 1,173 [3] 939 [4]
Gain on sale of loans, net 3,597 [5] 5,395 [6] 12,761 [7] 19,869 [8]
Deposit account fees 529 562 1,623 1,664
Loss on sale and operations of real estate owned acquired in the settlement of loans, net (19) (74) (81) (240)
Card and processing fees 372 338 1,126 1,063
Other 238 208 701 580
Total non-interest income 5,210 6,791 17,303 23,875
Non-interest expense:        
Salaries and employee benefits 8,808 10,370 26,710 32,033
Premises and occupancy 1,255 1,241 3,829 3,765
Equipment 442 352 1,179 1,054
Professional expenses 400 436 1,441 1,571
Sales and marketing expenses 213 421 717 970
Deposit insurance premiums and regulatory assessments 189 189 591 614
Other(1) 1,132 [9] 759 [9] 6,919 4,061
Total non-interest expense 12,439 13,768 41,386 44,068
Income before income taxes 2,400 1,835 3,257 7,292
Provision for income taxes     1,900  
Net income 1,733 1,145 731 4,243
Provision for income taxes $ 667 $ 690 $ 2,526 [10] $ 3,049
Basic earnings per share $ 0.23 $ 0.14 $ 0.10 $ 0.53
Diluted earnings per share 0.23 0.14 0.09 0.52
Cash dividends per share $ 0.14 $ 0.13 $ 0.42 $ 0.39
Litigation Settlement, Expense     $ 3,400  
[1] Includes an inter-company charge of $222 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 $173 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 $561 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 $396 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 $44 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 $48 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 $182 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 $216 credited to PBM by the Bank during the period to compensate PBM for servicing fees on loans sold on a servicing retained basis.
[9] Includes $3.4 million of litigation settlement expenses for the nine months ended March 31, 2018
[10] Includes a net tax charge of $1.9 million resulting from the revaluation of net deferred tax assets consistent with the Tax Cuts and Jobs Act for the nine months ended March 31, 2018, all charged to the Bank.