NOTE 12: Income Taxes: Schedule of Effective Income Tax Rate Reconciliation (Tables)

12 Months Ended

Jun. 30, 2018

Tables/Schedules

Schedule of Effective Income Tax Rate Reconciliation

(dollars in thousands)	2018	2017	2016
Tax at statutory rate	$                              8,074	$                          7,565	$                             7,536
Increase (reduction) in taxes       resulting from:
Nontaxable municipal income	(441)	(513)	(567)
State tax, net of Federal benefit	553	215	624
Cash surrender value of                   Bank-owned life insurance	(266)	(397)	(325)
Tax credit benefits	(871)	(367)	(286)
Adjustment of deferred tax asset                   for enacted changes in tax laws	1,124	-	-
Other, net	(370)	(441)	(300)
Actual provision	$                              7,803	$                          6,062	$                             6,682