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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Interest income    
Loans, including fees $ 2,770 $ 2,693
Mortgage-backed securities 12 25
Other securities 3
Interest-bearing deposits and other 119 68
Total interest income 2,901 2,789
Interest expense    
Interest-bearing demand deposits 6 5
Savings 57 64
Certificates of Deposit 231 178
Deposits 294 247
Borrowings 174 81
Total interest expense 468 328
Net interest income 2,433 2,461
Provision for loan losses 4
Net interest income after provision for loan losses 2,433 2,457
Non-interest income    
Earnings on bank-owned life insurance 24 24
Net gain on sales of real estate owned 43 73
Other 73 71
Total non-interest income 140 168
Non-interest expense    
Employee compensation and benefits 1,369 1,344
Occupancy and equipment 158 182
Outside service fees 39 41
Legal fees 8 13
Data processing 102 97
Auditing and accounting 66 79
FDIC insurance premiums 23 60
Franchise and other taxes 59 60
Foreclosure and real estate owned expenses (net) 34 21
Other 300 271
Total non-interest expense 2,158 2,168
Income before income taxes 415 457
Federal income tax expense 135 160
NET INCOME $ 280 $ 297
EARNINGS PER SHARE    
Basic and diluted $ 0.03 $ 0.04
DIVIDENDS PER SHARE $ 0.1 $ 0.1