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Note 20: Condensed Parent Company Only Financial Statements: Condensed Income Statement (Tables)
12 Months Ended
Jun. 30, 2016
Tables/Schedules  
Condensed Income Statement

 

(dollars in thousands)

Year ended June 30,

Condensed Statements of Income

2016

2015

2014

Interest income

 $                        14

 $                         115

 $                     255

Interest expense

                         568

                            512

                        305

   Net interest expense

                       (554)

                          (397)

                         (50)

Dividends from Bank

                    23,600

                       13,200

                     3,000

Operating expenses

                         294

                            940

                     1,141

Income before income taxes and

   equity in undistributed income of the Bank

                    22,752

                       11,863

                     1,809

Income tax benefit

                         325

                            463

                        444

Income before equity in undistributed

   income of the Bank

                    23,077

                       12,326

                     2,253

Equity in undistributed income of the Bank

                    (8,229)

                         1,342

                     7,828

NET INCOME

 $                 14,848

 $                    13,668

 $                10,081

COMPREHENSIVE INCOME

 $                 15,649

 $                    13,941

 $                10,848