Note 8: Income Taxes: Schedule of Reconciliation of Income Tax Expense at the Statutory Rate to Actual Income Tax (Tables)

9 Months Ended

Mar. 31, 2017

Tables/Schedules

Schedule of Reconciliation of Income Tax Expense at the Statutory Rate to Actual Income Tax

	For the three-month period ended		For the nine-month period ended
(dollars in thousands)	March 31, 2017	March 31, 2016	March 31, 2017	March 31, 2016
Tax at statutory rate	$1,896	$1,703	$5,738	$5,669
Increase (reduction) in taxes   resulting from:
Nontaxable municipal income	(124)	(142)	(385)	(418)
State tax, net of Federal benefit	52	145	160	473
Cash surrender value of     Bank-owned life insurance	(176)	(50)	(323)	(256)
Tax credit benefits	(81)	(63)	267	(188)
Other, net	(104)	(49)	(900)	(250)
Actual provision	$1,463	$1,544	$4,556	$5,030