XML 13 R4.htm IDEA: XBRL DOCUMENT v3.22.1
Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Mar. 31, 2022
Mar. 31, 2021
Interest and Dividend Income        
Interest and fees on loans $ 4,907 $ 5,169 $ 15,292 $ 15,888
Securities:        
Taxable 1,033 697 3,074 2,340
Tax-exempt 9 9 27 29
Federal Home Loan Bank dividends 31 29 89 101
Deposits with other financial institutions 23 22 78 71
Total interest and dividend income 6,003 5,926 18,560 18,429
Interest Expense        
Deposits 498 789 1,572 3,097
Federal Home Loan Bank advances and repurchase agreements 94 94 288 313
Line of credit and other borrowings 19 19 57 57
Total interest expense 611 902 1,917 3,467
Net Interest Income 5,392 5,024 16,643 14,962
Provision (Credit) for Loan Losses 242 (101) 39 165
Net Interest Income After Provision for Loan Losses 5,150 5,125 16,604 14,797
Noninterest Income        
Insurance commissions 180 186 559 515
Brokerage commissions 289 261 865 717
Net realized gains on sales of available-for-sale securities 0 116 0 320
Mortgage banking income, net 400 255 635 448
Gain on sale of loans 32 239 414 1,286
Bank-owned life insurance income, net 88 207 393 346
Other 320 222 1,087 709
Total noninterest income 1,454 1,647 4,439 4,861
Noninterest Expense        
Compensation and benefits 3,393 3,041 9,602 8,896
Office occupancy 261 242 729 688
Equipment 486 397 1,484 1,242
Federal deposit insurance 50 44 146 134
Stationary, printing and office 16 7 60 60
Advertising 98 124 281 344
Professional services 69 116 298 368
Supervisory examinations 38 36 122 109
Audit and accounting services 17 17 110 108
Organizational dues and subscriptions 4 5 48 47
Insurance bond premiums 46 50 141 137
Telephone and postage 40 49 119 143
Loss on foreclosed assets, net 19 28 6 18
Other 511 456 1,454 1,327
Total noninterest expense 5,048 4,612 14,600 13,621
Income Before Income Tax 1,556 2,160 6,443 6,037
Provision for Income Tax 402 600 1,694 1,683
Net Income $ 1,154 $ 1,560 $ 4,749 $ 4,354
Earnings Per Share:        
Basic $ 0.37 $ 0.51 $ 1.55 $ 1.43
Diluted 0.37 0.50 1.52 1.42
Dividends declared per common share $ 0.175 $ 0.15 $ 0.35 $ 0.30
Customer Service Fees [Member]        
Noninterest Income        
Noninterest income $ 82 $ 64 $ 255 $ 205
Other Service Charges and Fees [Member]        
Noninterest Income        
Noninterest income $ 63 $ 97 $ 231 $ 315