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

6 Months Ended

Dec. 31, 2018

Tables/Schedules

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

	For the three-month periods ended		For the six-month periods ended
(dollars in thousands)	December 31, 2018	December 31, 2017	December 31, 2018	December 31, 2017
Tax at statutory rate	$1,944	$2,168	$3,722	$4,066
Increase (reduction) in taxes   resulting from:
Nontaxable municipal income	(77)	(114)	(149)	(225)
State tax, net of Federal benefit	101	137	224	243
Cash surrender value of       Bank-owned life insurance	(125)	(66)	(176)	(131)
Tax credit benefits	(68)	(225)	(136)	(449)
Other, net	27	(478)	(16)	(193)
Actual provision	$1,802	$2,546	$3,469	$4,435