XML 21 R4.htm IDEA: XBRL DOCUMENT v3.7.0.1
Consolidated Statements of Income - USD ($)
$ in Thousands
 12 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Interest income    
Loans, including fees $ 10,895 $ 11,254
Mortgage-backed securities 57 94
Other securities 7 18
Interest-bearing deposits and other 357 268
Total interest income 11,316 11,634
Interest expense    
Deposits 1,018 1,058
Borrowings 439 302
Total interest expense 1,457 1,360
Net interest income 9,859 10,274
Provision for loan losses 242 15
Net interest income after provision for loan losses 9,617 10,259
Non-interest income    
Net gains on sales of loans 23 51
Earnings on bank-owned life insurance 94 93
Net gain on sales of REO 67 120
Valuation adjustment for REO (171) (151)
Net gains on sales of investments 64
Other 285 274
Total non-interest income 362 387
Non-interest expense    
Employee compensation and benefits 5,344 5,319
Occupancy and equipment 685 669
Legal fees 36 75
Outside service fees 162 145
Data processing 396 397
Audit and accounting 305 276
FDIC insurance premiums 93 215
Franchise and other taxes 240 247
Foreclosure and REO expense, net 111 95
Other 1,159 1,111
Total non-interest expense 8,531 8,549
Income before income taxes 1,448 2,097
Federal income tax expense    
Current 421 524
Deferred 92 72
Total federal income taxes 513 596
NET INCOME $ 935 $ 1,501
EARNINGS PER SHARE    
Basic and diluted $ 0.11 $ 0.18