XML 22 R4.htm IDEA: XBRL DOCUMENT v3.21.2
Consolidated Statements of Operations - USD ($)
$ in Thousands
 12 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Interest income:    
Loans receivable, net $ 32,856 $ 39,145
Investment securities 1,849 2,120
FHLB - San Francisco stock 418 534
Interest-earning deposits 78 657
Total interest income 35,201 42,456
Interest expense:    
Deposits 1,745 2,943
Borrowings 2,817 3,112
Total interest expense 4,562 6,055
Net interest income 30,639 36,401
(Recovery) provision for loan losses (708) 1,119
Net interest income, after (recovery) provision for loan losses 31,347 35,282
Non-interest income:    
Other 551 637
Total non-interest income 4,573 4,520
Non-interest expense:    
Salaries and employee benefits [1] 15,157 18,913
Premises and occupancy 3,500 3,465
Equipment expense 1,153 1,129
Professional expenses 1,561 1,439
Sales and marketing expenses 680 773
Deposit insurance premiums and regulatory assessments 552 227
Other 3,130 2,954
Total non-interest expense 25,733 28,900
Income before income taxes 10,187 10,902
Provision for income taxes 2,626 3,213
Net income $ 7,561 $ 7,689
Basic earnings per share $ 1.01 $ 1.03
Diluted earnings per share 1.00 1.01
Cash dividends per share $ 0.56 $ 0.56
Loan servicing and other fees    
Non-interest income:    
Total non-interest income $ 1,170 $ 819
Deposit account fees    
Non-interest income:    
Total non-interest income 1,247 1,610
Card and processing fees    
Non-interest income:    
Total non-interest income $ 1,605 $ 1,454
[1] Includes a $2.4 million credit from the Employee Retention Tax Credit (applicable to eligible employers who retained employees during the COVID-19 pandemic) for the fiscal year ended June 30, 2021.