Note 9: Income Taxes: Schedule of Deferred Tax Assets and Liabilities (Tables)

6 Months Ended

Dec. 31, 2019

Tables/Schedules

Schedule of Deferred Tax Assets and Liabilities

(dollars in thousands)		December 31, 2019		June 30, 2019
Deferred tax assets:
Provision for losses on loans	$	4,873	$	4,601
Accrued compensation and benefits		567		692
NOL carry forwards acquired		174		199
Minimum Tax Credit		130		130
Unrealized loss on other real estate		51		134
Purchase accounting adjustments		-		255
Losses and credits from LLC's		1,100		1,206
Total deferred tax assets		6,895		7,217
Deferred tax liabilities:
Purchase accounting adjustments		164		-
Depreciation		1,411		1,749
FHLB stock dividends		120		120
Prepaid expenses		238		313
Unrealized gain on available for sale securities		477		364
Other		-		61
Total deferred tax liabilities		2,410		2,607
Net deferred tax asset	$	4,485	$	$4,610