XML 37 R4.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Interest and Dividend Income        
Interest and fees on loans $ 5,794 $ 5,721 $ 11,691 $ 11,226
Securities:        
Taxable 911 826 1,830 1,653
Tax-exempt 23 30 53 63
Federal Home Loan Bank dividends 13 40 36 69
Deposits with other financial institutions 48 41 187 66
Total interest and dividend income 6,789 6,658 13,797 13,077
Interest Expense        
Deposits 2,219 1,738 4,502 3,277
Borrowings and repurchase agreements 229 429 368 847
Total interest expense 2,448 2,167 4,870 4,124
Net Interest Income 4,341 4,491 8,927 8,953
Provision (Credit) for Loan Losses (30) 138 (84) 375
Net Interest Income After Provision for Loan Losses 4,371 4,353 9,011 8,578
Noninterest Income        
Insurance commissions 192 154 354 337
Brokerage commissions 234 247 469 523
Mortgage banking income, net 116 66 161 152
Gain on sale of loans 144 86 284 179
Gain (loss) on foreclosed assets, net   (22) (2) 98
Bank-owned life insurance income, net 69 68 139 135
Other 294 274 542 536
Total noninterest income 1,231 1,043 2,296 2,321
Noninterest Expense        
Compensation and benefits 2,706 2,711 5,371 5,214
Office occupancy 242 229 497 440
Equipment 387 340 773 671
Federal deposit insurance   43 28 86
Stationary, printing and office 26 27 56 63
Advertising 97 113 218 255
Professional services 155 94 271 214
Supervisory examinations 41 44 85 88
Audit and accounting services 18 45 87 85
Organizational dues and subscriptions 19 15 38 34
Insurance bond premiums 37 36 78 78
Telephone and postage 48 66 98 133
Net realized losses on sales of available-for-sale securities 8   7 0
Other 482 567 849 1,193
Total noninterest expense 4,266 4,330 8,456 8,554
Income Before Income Tax 1,336 1,066 2,851 2,345
Provision for Income Tax 372 279 787 624
Net Income $ 964 $ 787 $ 2,064 $ 1,721
Earnings Per Share:        
Basic $ 0.32 $ 0.22 $ 0.65 $ 0.48
Diluted $ 0.31 $ 0.22 0.64 0.47
Dividends declared per common share     $ 0.15 $ 0.125
Customer Service Fees [Member]        
Noninterest Income        
Noninterest income $ 95 $ 103 $ 197 $ 206
Other Service Charges and Fees [Member]        
Noninterest Income        
Noninterest income $ 87 $ 67 $ 152 $ 155