Note 11: Income Taxes: Schedule of Deferred Tax Assets and Liabilities (Tables)

12 Months Ended

Jun. 30, 2013

Tables/Schedules

Schedule of Deferred Tax Assets and Liabilities

	June 30, 2013	June 30, 2012
Deferred tax assets:
Provision for losses on loans	$3,545,918	$3,247,995
Accrued compensation and benefits	211,117	171,113
Other-than-temporary impairment on             available for sale securities	261,405	261,405
NOL carry forwards acquired	150,207	159,613
Unrealized loss on other real estate	31,280	47,600
Unrealized loss on available for sale securities	116,157	-
Total deferred tax assets	4,316,147	3,887,726
Deferred tax liabilities:
FHLB stock dividends	188,612	188,612
Purchase accounting adjustments	1,228,067	893,549
Depreciation	761,389	552,633
Prepaid expenses	151,939	123,704
Unrealized gain on available for sale securities	-	400,554
Other	40,224	69,083
Total deferred tax liabilities	2,370,231	2,228,135
Net deferred tax asset	$1,945,916	$1,659,591