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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Mar. 31, 2021
Mar. 31, 2020
Interest income:        
Loans receivable, net $ 7,860 $ 9,622 $ 25,121 $ 30,017
Investment securities 452 478 1,378 1,659
FHLB - San Francisco stock 100 144 300 432
Interest-earning deposits 18 186 59 621
Total interest income 8,430 10,430 26,858 32,729
Interest expense:        
Checking and money market deposits 50 106 220 333
Savings deposits 38 131 170 396
Time deposits 292 509 1,009 1,571
Borrowings 593 794 2,198 2,318
Total interest expense 973 1,540 3,597 4,618
Net interest income 7,457 8,890 23,261 28,111
(Recovery) provision for loan losses (200) 874 59 671
Net interest income, after (recovery) provision for loan losses 7,657 8,016 23,202 27,440
Non-interest income:        
Other 160 187 397 442
Total non-interest income 1,199 1,101 3,332 3,515
Non-interest expense:        
Salaries and employee benefits 4,241 4,966 12,985 14,950
Premises and occupancy 863 845 2,631 2,603
Equipment 312 314 860 855
Professional expenses 367 351 1,183 1,090
Sales and marketing expenses 130 177 470 506
Deposit insurance premiums and regulatory assessments 154 54 429 97
Other 842 798 2,252 2,196
Total non-interest expense 6,909 7,505 20,810 22,297
Income before income taxes 1,947 1,612 5,724 8,658
Provision for income taxes 386 467 1,502 2,553
Net income $ 1,561 $ 1,145 $ 4,222 $ 6,105
Basic earnings per share $ 0.21 $ 0.15 $ 0.57 $ 0.82
Diluted earnings per share 0.21 0.15 0.56 0.80
Cash dividends per share $ 0.14 $ 0.14 $ 0.42 $ 0.42
Loan servicing and other fees        
Non-interest income:        
Total non-interest income $ 355 $ 131 $ 880 $ 631
Deposit account fees        
Non-interest income:        
Total non-interest income 318 423 957 1,321
Card and processing fees        
Non-interest income:        
Total non-interest income $ 366 $ 360 $ 1,098 $ 1,121