Note 20: Condensed Parent Company Only Financial Statements: Condensed Income Statement (Tables)

12 Months Ended

Jun. 30, 2017

Tables/Schedules

Condensed Income Statement

(dollars in thousands)	Year ended June 30,
Condensed Statements of Income	2017	2016	2015
Interest income	$                   17	$                      14	$                 115
Interest expense	661	568	512
Net interest expense	(644)	(554)	(397)
Dividends from Bank	4,000	23,600	13,200
Operating expenses	955	294	940
Income before income taxes and
equity in undistributed income of the Bank	2,401	22,752	11,863
Income tax benefit	455	325	463
Income before equity in undistributed
income of the Bank	2,856	23,077	12,326
Equity in undistributed income of the Bank	12,696	(8,229)	1,342
NET INCOME	$            15,552	$               14,848	$            13,668
COMPREHENSIVE INCOME	$            14,417	$               15,649	$            13,941