Note 8: Income Taxes: Schedule of Deferred Tax Assets and Liabilities (Tables)

3 Months Ended

Sep. 30, 2012

Tables/Schedules

Schedule of Deferred Tax Assets and Liabilities

	September 30, 2012	June 30, 2012
Deferred tax assets:
Provision for losses on loans	$3,448,182	$3,247,995
Accrued compensation and benefits	173,696	171,113
Other-than-temporary impairment on available for sale securities	261,405	261,405
NOL carry forwards acquired	159,613	159,613
Unrealized loss on other real estate	37,400	47,600
Total deferred tax assets	4,080,296	3,887,726
Deferred tax liabilities:
FHLB stock dividends	188,612	188,612
Purchase accounting adjustments	893,549	893,549
Depreciation	531,644	552,633
Prepaid expenses	106,759	123,704
Unrealized gain on available for sale securities	529,050	400,554
Other	299,588	69,083
Total deferred tax liabilities	2,549,201	2,228,135
Net deferred tax asset	$1,531,095	$1,659,591