| Jun'19 | Jun'18 | Jun'17 | Jun'16 | Jun'15 | ||
|---|---|---|---|---|---|---|
Interest and dividend income: | ||||||
Interest and fees on loans | ||||||
15,117 | 13,427 | 10,985 | 9,628 | 9,543 | ||
Interest on debt securities | ||||||
3,020 | 3,556 | 3,624 | 3,460 | 3,434 | ||
Dividends on marketable equity securities | ||||||
- | - | 456 | 458 | 459 | ||
Dividends on Federal Home Loan Bank stock | ||||||
248 | 210 | 153 | 161 | 91 | ||
Other | ||||||
266 | 127 | 104 | 78 | 47 | ||
Total interest and dividend income | ||||||
18,651 | 17,320 | 15,322 | 13,785 | 13,574 | ||
Interest expense: | ||||||
Deposits and escrow | ||||||
2,482 | 1,896 | 1,772 | 1,841 | 2,162 | ||
Interest on Federal Home Loan Bank advances | ||||||
1,209 | 1,341 | 1,408 | 1,377 | 1,421 | ||
Interest on securities sold under agreements to repurchase | ||||||
2 | 2 | 4 | 6 | 25 | ||
Total interest expense | ||||||
3,693 | 3,239 | 3,184 | 3,224 | 3,608 | ||
Net interest and dividend income | ||||||
14,958 | 14,081 | 12,138 | 10,561 | 9,966 | ||
Provision (credit) for loan losses | ||||||
-400 | 225 | 548 | 663 | 535 | ||
Net interest and dividend income after provision (credit) for loan losses | ||||||
15,358 | 13,856 | 11,590 | 9,898 | 9,431 | ||
Non-interest income: | ||||||
Total other-than-temporary impairment losses on debt securities | ||||||
365 | 2 | - | 407 | 414 | ||
Portion of losses recognized in other comprehensive income | ||||||
332 | 1 | - | -323 | -259 | ||
Net impairment losses recognized in earnings | ||||||
33 | 1 | - | 84 | 155 | ||
Fees for services | ||||||
- | - | - | 1,751 | 1,710 | ||
Mortgage banking activities | ||||||
- | - | - | 88 | 97 | ||
Net commissions from brokerage services | ||||||
131 | 178 | 156 | 133 | 151 | ||
Income from bank-owned life insurance | ||||||
355 | 357 | 356 | 272 | 277 | ||
Gain on sale of securities | ||||||
0 | 7 | - | - | - | ||
Gain on sales of other real estate owned, net | ||||||
150 | 1 | 110 | 352 | 104 | ||
Legal settlement income | ||||||
15 | 155 | 637 | - | - | ||
Other income | ||||||
161 | 153 | 173 | 177 | 177 | ||
Total non-interest income | ||||||
2,656 | 2,773 | 3,263 | 2,689 | 2,361 | ||
Non-interest expense: | ||||||
Compensation and benefits | ||||||
7,978 | 7,577 | 7,021 | 6,520 | 6,213 | ||
Occupancy and equipment | ||||||
1,202 | 1,196 | 1,236 | 1,232 | 1,247 | ||
Data processing | ||||||
1,174 | 1,111 | 1,016 | 860 | 841 | ||
LAN/WAN network | ||||||
99 | 110 | 142 | 148 | 148 | ||
Advertising and marketing | ||||||
177 | 199 | 183 | 184 | 195 | ||
Regulatory assessment | ||||||
26 | 25 | 24 | 10 | 78 | ||
Professional fees | ||||||
414 | 463 | 485 | 436 | 477 | ||
FDIC deposit insurance | ||||||
139 | 161 | 153 | 373 | 378 | ||
Other real estate owned | ||||||
202 | 173 | 192 | 228 | 432 | ||
Write-down of other real estate owned | ||||||
128 | 14 | 43 | 120 | 49 | ||
Other | ||||||
1,312 | 1,306 | 1,220 | 1,337 | 1,248 | ||
Total non-interest expense | ||||||
12,851 | 12,335 | 11,715 | 11,448 | 11,306 | ||
Income before income tax expense | ||||||
5,163 | 4,294 | 3,138 | 1,139 | 486 | ||
Income tax expense | ||||||
856 | 1,165 | 822 | 239 | -65 | ||
NET INCOME | ||||||
4,307 | 3,129 | 2,316 | 900 | 551 | ||
Earnings per common share: | ||||||
Basic (in dollars per share) | ||||||
0.60 | 0.43 | 0.31 | 0.12 | 0.07 | ||
Diluted (in dollars per share) | ||||||
0.60 | 0.43 | 0.31 | 0.12 | 0.07 | ||
Basic (in shares) | ||||||
7,131 | 7,312 | 7,424 | 7,546 | 7,638 | ||
Diluted (in shares) | ||||||
7,134 | 7,312 | 7,425 | 7,546 | 7,638 | ||
Non-interest income fees for services | ||||||
Fees for services mortgage banking activities | ||||||
1,858 | 1,908 | - | - | - | ||
Non-interest income mortgage banking activities | ||||||
Fees for services mortgage banking activities | ||||||
19 | 15 | - | - | - | ||