XML 46 R4.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Interest income:        
Loans receivable, net $ 10,320 $ 10,331 $ 20,395 $ 20,505
Investment securities 567 444 1,181 789
FHLB - San Francisco stock 145 278 288 421
Interest-earning deposits 189 387 435 725
Total interest income 11,221 11,440 22,299 22,440
Interest expense:        
Checking and money market deposits 117 117 227 225
Savings deposits 131 147 265 298
Time deposits 530 630 1,062 1,251
Borrowings 804 715 1,524 1,478
Total interest expense 1,582 1,609 3,078 3,252
Net interest income 9,639 9,831 19,221 19,188
(Recovery) provision for loan losses (22) (217) (203) (454)
Net interest income, after (recovery) provision for loan losses 9,661 10,048 19,424 19,642
Non-interest income:        
(Loss) gain on sale of loans, net (43) 2,263 (129) 5,395
Loss on sale and operations of real estate owned acquired in the settlement of loans, net   (7)   (6)
Other 198 161 384 350
Total non-interest income 1,344 3,595 2,414 8,144
Non-interest expense:        
Salaries and employee benefits 4,999 7,211 9,984 15,461
Premises and occupancy 880 1,274 1,758 2,619
Equipment 262 495 541 916
Professional expenses 331 411 739 858
Sales and marketing expenses 212 253 329 422
Deposit insurance premiums and regulatory assessments 59 172 43 337
Other 811 1,059 1,398 1,966
Total non-interest expense 7,554 10,875 14,792 22,579
Income before income taxes 3,451 2,768 7,046 5,207
Provision for income taxes 1,053 810 2,086 1,426
Net income $ 2,398 $ 1,958 $ 4,960 $ 3,781
Basic earnings per share (in dollars per share) $ 0.32 $ 0.26 $ 0.66 $ 0.51
Diluted earnings per share (in dollars per share) 0.31 0.26 0.65 0.50
Cash dividends per share (in dollars per share) $ 0.14 $ 0.14 $ 0.28 $ 0.28
Loan servicing and other fees        
Non-interest income:        
Total non-interest income [1] $ 367 $ 277 $ 500 $ 601
Deposit account fees        
Non-interest income:        
Total non-interest income 451 509 898 1,014
Card and processing fees        
Non-interest income:        
Total non-interest income $ 371 $ 392 $ 761 $ 790
[1] Not in scope of ASC 606.