XML 82 R4.htm IDEA: XBRL DOCUMENT v3.19.3
Consolidated Statements of Income - USD ($)
$ in Thousands
 12 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Interest income    
Loans, including fees $ 12,021 $ 11,312
Mortgage-backed securities 31 41
Other securities 13
Interest-bearing deposits and other 635 533
Total interest income 12,700 11,886
Interest expense    
Deposits 1,976 1,402
Borrowings 1,276 759
Total interest expense 3,252 2,161
Net interest income 9,448 9,725
Provision for loan losses 11 185
Net interest income after provision for loan losses 9,437 9,540
Non-interest income    
Earnings on bank-owned life insurance 74 449
Net gains on sales of loans 29 28
Net gain on sales of REO 10 52
Valuation adjustment for REO (66) (37)
Net gains on sales of property 9
Other 187 199
Total non-interest income 243 691
Non-interest expense    
Employee compensation and benefits 5,796 5,695
Occupancy and equipment 671 666
Voice and data communications 249 259
Advertising 226 248
Outside service fees 150 168
Data processing 442 439
Audit and accounting 40 273
Franchise and other taxes 255 246
Foreclosure and REO expense, net 102 107
Other 796 844
Total non-interest expense 8,727 8,945
Income before income taxes 953 1,286
Federal income tax expense (benefit)    
Current 239
Deferred 141 (276)
Total federal income tax expense (benefit) 141 (37)
NET INCOME $ 812 $ 1,323
EARNINGS PER SHARE    
Basic and diluted $ 0.10 $ 0.16