XML 14 R4.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
 3 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Interest and Dividend Income    
Interest and fees on loans $ 5,283 $ 5,353
Securities:    
Taxable 904 840
Tax-exempt 9 11
Federal Home Loan Bank dividends 29 34
Deposits with other financial institutions 26 27
Total interest and dividend income 6,251 6,265
Interest Expense    
Deposits 563 1,235
Federal Home Loan Bank advances and repurchase agreements 97 123
Line of credit and other borrowings 19 19
Total interest expense 679 1,377
Net Interest Income 5,572 4,888
Provision (Credit) for Loan Losses (127) 315
Net Interest Income After Provision for Loan Losses 5,699 4,573
Noninterest Income    
Insurance commissions 187 160
Brokerage commissions 288 225
Net realized gains on sales of available-for-sale securities 0 204
Mortgage banking income, net 93 90
Gain on sale of loans 226 563
Bank-owned life insurance income, net 239 70
Other 344 257
Total noninterest income 1,545 1,751
Noninterest Expense    
Compensation and benefits 3,023 2,877
Office occupancy 236 229
Equipment 516 423
Federal deposit insurance 46 44
Stationary, printing and office 28 33
Advertising 88 84
Professional services 105 100
Supervisory examinations 43 35
Audit and accounting services 76 73
Organizational dues and subscriptions 22 22
Insurance bond premiums 53 49
Telephone and postage 37 50
Loss (gain) on foreclosed assets, net (13) 9
Other 430 453
Total noninterest expense 4,690 4,481
Income Before Income Tax 2,554 1,843
Provision for Income Tax 663 512
Net Income $ 1,891 $ 1,331
Earnings Per Share:    
Basic $ 0.62 $ 0.44
Diluted 0.61 0.44
Dividends declared per common share $ 0.175 $ 0.15
Customer Service Fees [Member]    
Noninterest Income    
Noninterest income $ 86 $ 67
Other Service Charges and Fees [Member]    
Noninterest Income    
Noninterest income $ 82 $ 115