XML 14 R4.htm IDEA: XBRL DOCUMENT v3.22.4
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2022
Dec. 31, 2021
Interest income:        
Loans receivable, net $ 10,237 $ 7,920 $ 19,337 $ 16,095
Investment securities 548 433 1,084 851
FHLB - San Francisco stock 145 123 268 245
Interest-earning deposits 241 35 380 66
Total interest income 11,171 8,511 21,069 17,257
Interest expense:        
Checking and money market deposits 61 58 121 115
Savings deposits 44 45 88 86
Time deposits 370 199 583 414
Borrowings 1,311 546 1,927 1,091
Total interest expense 1,786 848 2,719 1,706
Net interest income 9,385 7,663 18,350 15,551
Provision (recovery) for loan losses 191 (1,067) 261 (1,406)
Net interest income, after provision (recovery) for loan losses 9,194 8,730 18,089 16,957
Non-interest income:        
Loan servicing and other fees 115 444 223 630
Other 147 200 318 366
Total non-interest income 956 1,368 1,959 2,437
Non-interest expense:        
Salaries and employee benefits 4,384 4,455 8,523 7,575
Premises and occupancy 796 758 1,657 1,663
Equipment expense 258 314 569 602
Professional expense 310 348 902 809
Sales and marketing expense 175 149 322 291
Deposit insurance premium and regulatory assessments 139 136 274 273
Other 736 739 1,492 1,354
Total non-interest expense 6,798 6,899 13,739 12,567
Income before income taxes 3,352 3,199 6,309 6,827
Provision for income taxes 981 935 1,848 1,896
Net income $ 2,371 $ 2,264 $ 4,461 $ 4,931
Basic earnings per share $ 0.33 $ 0.30 $ 0.62 $ 0.66
Diluted earnings per share $ 0.33 $ 0.30 $ 0.61 $ 0.65
Deposit account fees        
Non-interest income:        
Total non-interest income $ 327 $ 325 $ 670 $ 637
Card and processing fees        
Non-interest income:        
Total non-interest income $ 367 $ 399 $ 748 $ 804