NOTE 20: Condensed Parent Company Only Financial Statements: Parent Company Condensed Statements of Income (Tables)

12 Months Ended

Jun. 30, 2019

Tables/Schedules

Parent Company Condensed Statements of Income

	Year ended June 30,
(dollars in thousands)	2019	2018	2017
Condensed Statements of Income
Interest income	$                      25	$                      20	$                      17
Interest expense	1,079	887	661
Net interest expense	(1,054)	(867)	(644)
Dividends from Bank	23,000	6,000	4,000
Operating expenses	827	940	955
Income before income taxes and
equity in undistributed income of the Bank	21,119	4,193	2,401
Income tax benefit	358	437	455
Income before equity in undistributed
income of the Bank	21,477	4,630	2,856
Equity in undistributed income of the Bank	7,427	16,299	12,696
NET INCOME	$               28,904	$               20,929	$               15,552
COMPREHENSIVE INCOME	$               32,496	$               18,057	$               14,417