NOTE 12: Income Taxes: Schedule of Deferred Tax Assets and Liabilities (Tables)

12 Months Ended

Jun. 30, 2019

Tables/Schedules

Schedule of Deferred Tax Assets and Liabilities

(dollars in thousands)	June 30, 2019	June 30, 2018
Deferred tax assets:
Provision for losses on loans	$                                               4,601	$                                4,418
Accrued compensation and benefits	692	708
NOL carry forwards acquired	199	273
Minimum Tax Credit	130	130
Unrealized loss on other real estate	134	124
Unrealized loss on available for sale securities	-	730
Purchase accounting adjustments	255	-
Losses and credits from LLC's	1,206	1,003
Total deferred tax assets	7,218	7,386
Deferred tax liabilities:
Purchase accounting adjustments	-	949
Depreciation	1,749	1,475
FHLB stock dividends	120	130
Prepaid expenses	313	98
Unrealized gain on available for sale securities	364	-
Other	61	327
Total deferred tax liabilities	2,607	2,979
Net deferred tax asset	$                                               4,611	$                                4,407