Note 14 - Parent Company Financial Statements (Tables)

12 Months Ended

Jun. 30, 2018

Notes Tables

Condensed Balance Sheet [Table Text Block]

	June 30, 201 8		June 30, 201 7
Condensed Balance Sheets
Assets
Cash	$	46	$	36
Securities, available-for-sale		1,622		1,651
Other assets		73		61
Investment in subsidiary		42,089		41,843
Total assets	$	43,830	$	43,591
Liabilities
Other liabilities	$	69	$	56
Shareholders’ equity		43,761		43,535
Total liabilities & shareholders’ equity	$	43,830	$	43,591

Condensed Income Statement [Table Text Block]

	Year Ended June 30, 201 8			Year Ended June 30, 201 7
Condensed Statements of Income and Comprehensive Income
Cash dividends from Bank subsidiary	$	1,400		$	1,065
Other income		39			51
Other expense		222			213
Income before income taxes and equity in undistributed net income of subsidiary		1,217			903
Income tax benefit		(52	)		(53	)
Income before equity in undistributed net income of Bank subsidiary		1,269			956
Equity in undistributed net income of subsidiary		2,312			2,038
Net income	$	3,581		$	2,994
Comprehensive income	$	1,487		$	1,050

Condensed Cash Flow Statement [Table Text Block]

	Year Ended June 30, 201 8			Year Ended June 30, 201 7
Condensed Statements of Cash Flows
Cash flows from operating activities
Net income	$	3,581		$	2,994
Equity in undistributed net income of Bank subsidiary		(2,312	)		(2,038	)
Securities amortization and accretion, net		(10	)		(10	)
Gain on sale of securities		—			(11	)
Change in other assets and liabilities		12			6
Net cash flows from operating activities		1,271			941
Cash flows from investing activities
Proceeds from the sale of available-for-sale securities		—			357
Net cash flows from investing activities		—			357
Cash flows from financing activities
Dividend paid		(1,351	)		(1,308	)
Issuance of treasury stock for stock awards		90			—
Net cash flows from financing activities		(1,261	)		(1,308	)
Change in cash and cash equivalents		10			(10	)
Beginning cash and cash equivalents		36			46
Ending cash and cash equivalents	$	46		$	36