| Jun'19 | Jun'18 | Jun'17 | Jun'16 | |||
|---|---|---|---|---|---|---|
Interest Income | ||||||
Interest and fees on loans | ||||||
9,505 | 6,509 | 4,523 | 4,446 | |||
Interest and dividends on investments: | ||||||
Taxable | ||||||
419 | 422 | 376 | 205 | |||
Nontaxable | ||||||
292 | 280 | 198 | 163 | |||
Interest on mortgage-backed securities and collateralized mortgage obligations | ||||||
394 | 390 | 274 | 375 | |||
Interest on interest-earning deposits and federal funds sold | ||||||
372 | 383 | 363 | 113 | |||
Total Interest Income | ||||||
10,982 | 7,984 | 5,734 | 5,302 | |||
Interest Expense | ||||||
Interest on deposits | ||||||
2,610 | 1,030 | 741 | 649 | |||
Interest on advances from the Federal Home Loan Bank | ||||||
313 | 317 | 147 | 94 | |||
Interest on securities sold under agreements to repurchase | ||||||
4 | 4 | 3 | 3 | |||
Total Interest Expense | ||||||
2,927 | 1,351 | 891 | 746 | |||
Net interest income | ||||||
8,055 | 6,633 | 4,843 | 4,556 | |||
Provision for Loan Losses | ||||||
611 | 266 | 201 | 9 | |||
Net interest income after provision for loan losses | ||||||
7,444 | 6,367 | 4,642 | 4,547 | |||
Non-Interest Income | ||||||
Fees for customer services | ||||||
175 | 634 | 204 | - | |||
Fees for customer services | ||||||
- | - | - | 210 | |||
Increase in cash surrender value of bank-owned life insurance | ||||||
159 | 154 | 110 | 112 | |||
Gain on sale of loans, net | ||||||
2,789 | 3,467 | 5,515 | 4,116 | |||
Gain on sale of available-for-sale securities, net | ||||||
8 | 35 | 18 | - | |||
Gain on sale of available-for-sale securities | ||||||
- | - | - | 21 | |||
Gain from derivative instruments, net | ||||||
798 | -258 | -337 | 504 | |||
Change in fair value of loans held-for-sale | ||||||
424 | 30 | -578 | 384 | |||
Other | ||||||
11 | 14 | 10 | 11 | |||
Total Non-Interest Income | ||||||
4,364 | 4,076 | 4,942 | 5,358 | |||
Non-Interest Expense | ||||||
Salaries and employee benefits | ||||||
6,145 | 5,253 | 5,021 | 4,669 | |||
Occupancy | ||||||
1,241 | 1,089 | 1,014 | 977 | |||
Federal deposit insurance premiums | ||||||
257 | 121 | 125 | 160 | |||
Data processing related operations | ||||||
719 | 603 | 582 | 508 | |||
Loss on sale of other real estate owned | ||||||
- | - | -12 | -20 | |||
Real estate owned expense | ||||||
- | - | 19 | 274 | |||
Professional fees | ||||||
679 | 632 | 698 | 561 | |||
Other expenses | ||||||
1,694 | 1,731 | 1,349 | 1,185 | |||
Total Non-Interest Expense | ||||||
10,735 | 9,429 | 8,820 | 8,354 | |||
Income before income taxes | ||||||
1,073 | 1,014 | 764 | 1,551 | |||
Income Tax Expense (Benefit) | ||||||
194 | 244 | 195 | 525 | |||
Net Income | ||||||
879 | 770 | 569 | 1,026 | |||
Net Income per share: | ||||||
Basic | ||||||
0.43 | 0.38 | 0.56 | - | |||
Diluted | ||||||
0.43 | 0.38 | 0.56 | - | |||