XML 18 R4.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Mar. 31, 2024
Mar. 31, 2023
Interest income:        
Loans receivable, net $ 12,683 $ 11,028 $ 37,368 $ 30,365
Investment securities 517 548 1,565 1,632
FHLB - San Francisco stock 210 146 586 414
Interest-earning deposits 397 286 1,295 666
Total interest income 13,807 12,008 40,814 33,077
Interest expense:        
Checking and money market deposits 90 56 219 177
Savings deposits 97 42 208 130
Time deposits 2,488 781 6,406 1,364
Borrowings 2,573 1,728 7,509 3,655
Total interest expense 5,248 2,607 14,342 5,326
Net interest income 8,559 9,401 26,472 27,751
Provision for (recovery of) credit losses 124   (51)  
Provision for (recovery of) credit losses   169   430
Net interest income, after provision for (recovery of) credit losses 8,435 9,232 26,523 27,321
Non-interest income:        
Loan servicing and other fees 92 104 195 327
Other 150 188 400 506
Total non-interest income 848 981 2,474 2,940
Non-interest expense:        
Salaries and employee benefits 4,540 4,359 13,223 12,882
Premises and occupancy 835 843 2,641 2,500
Equipment 329 279 962 848
Professional 321 260 1,203 1,162
Sales and marketing 167 182 516 504
Deposit insurance premium and regulatory assessments 190 191 596 465
Other 786 810 2,227 2,302
Total non-interest expense 7,168 6,924 21,368 20,663
Income before income taxes 2,115 3,289 7,629 9,598
Provision for income taxes 620 966 2,231 2,814
Net income $ 1,495 $ 2,323 $ 5,398 $ 6,784
Basic earnings per share $ 0.22 $ 0.33 $ 0.77 $ 0.94
Diluted earnings per share $ 0.22 $ 0.33 $ 0.77 $ 0.94
Deposit account fees        
Non-interest income:        
Total non-interest income $ 289 $ 328 $ 876 $ 998
Card and processing fees        
Non-interest income:        
Total non-interest income $ 317 $ 361 $ 1,003 $ 1,109