Note 9 - Income Taxes (Tables)

12 Months Ended

Jun. 30, 2016

Notes Tables

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

	2016			2015
Current income taxes	$	421		$	740
Deferred income tax expense (benefit)		(142	)		(22	)
	$	279		$	718

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

	2016			2015
Deferred tax assets:
Allowance for loan losses	$	1,082		$	704
Deferred compensation		721			707
Recognized loss on impairment of security		265			265
AMT credit carryforward		143			—
Deferred income		140			—
OREO deferred gain		13			14
Non-accrual loan interest income		72			65
Gross deferred tax asset		2,436			1,755
Deferred tax liabilities:
Depreciation		(761	)		(223	)
Loan fees		(279	)		(248	)
Prepaid expenses		(91	)		(121	)
FHLB stock dividends		(166	)		(166	)
Net unrealized securities gain		(1,231	)		(463	)
Gross deferred tax liabilities		(2,528	)		(1,221	)
Net deferred asset (liability)	$	(92	)	$	534

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

	2016			2015
Income taxes computed at the statutory rate on pretax income	$	825		$	1,250
Tax exempt income		(491	)		(483	)
Cash surrender value income		(65	)		(62	)
Other		10			13
	$	279		$	718