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Note 5: Premises and Equipment
 12 Months Ended
Jun. 30, 2016
Notes  
Note 5: Premises and Equipment

NOTE 5:  Premises and Equipment

 

                Following is a summary of premises and equipment:

 

 

June 30,

(dollars in thousands)

2016

2015

Land

 $                      9,840

 $                      9,848

Buildings and improvements

                       38,060

                       26,393

Construction in progress

                              53

                         5,160

Furniture, fixtures, equipment and software

                       13,602

                       11,006

Automobiles

                            106

                              98

 

                       61,661

                       52,505

Less accumulated depreciation

                       14,718

                       12,779

 

 $                    46,943

 $                    39,726

 

 

                Construction in progress at June 30, 2016, includes remodeling at the branch facility in Van Buren, estimated at a cost of $668,000 of which, $53,000 has been paid through June 30, 2016, and is expected to be completed in November 2016.  At June 30, 2015, construction in progress included projects to provide a new corporate headquarters office and branch facility in Poplar Bluff, and to finish leased space in a new branch facility in Springfield to replace an existing leased branch.  The corporate headquarters and branch was completed in March 2016 with a cost of $11.9 million.  The Springfield leased space was completed in November 2015 with a cost of $1.4 million.