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NOTE 20: Condensed Parent Company Only Financial Statements: Condensed Income Statement (Tables)
12 Months Ended
Jun. 30, 2018
Parent Company  
Condensed Income Statement

 

(dollars in thousands)

 

Year ended June 30,

Condensed Statements of Income

 

2018

2017

2016

Interest income

 

 $                        20

 $                           17

 $                       14

Interest expense

 

                         887

                            661

                        568

   Net interest expense

 

                       (867)

                          (644)

                       (554)

Dividends from Bank

 

                      6,000

                         4,000

                   23,600

Operating expenses

 

                         940

                            955

                        294

Income before income taxes and

 

 

 

 

   equity in undistributed income of the Bank

 

                      4,193

                         2,401

                   22,752

Income tax benefit

 

                         437

                            455

                        325

Income before equity in undistributed

 

 

 

 

   income of the Bank

 

                      4,630

                         2,856

                   23,077

Equity in undistributed income of the Bank

 

                    16,299

                       12,696

                    (8,229)

 

NET INCOME

 $                 20,929

 $                    15,552

 $                14,848

 

COMPREHENSIVE INCOME

 $                 18,057

 $                    14,417

 $                15,649