Note 15 - Parent Company Financial Statements (Tables)

12 Months Ended

Jun. 30, 2019

Notes Tables

Condensed Balance Sheet [Table Text Block]

	June 30, 201 9		June 30, 201 8
Condensed Balance Sheets
Assets
Cash	$	38	$	46
Securities, available-for-sale		1,646		1,622
Other assets		75		73
Investment in subsidiary		49,545		42,089
Total assets	$	51,304	$	43,830
Liabilities
Other liabilities	$	138	$	69
Shareholders’ equity		51,166		43,761
Total liabilities & shareholders’ equity	$	51,304	$	43,830

Condensed Income Statement [Table Text Block]

	Year Ended June 30, 201 9			Year Ended June 30, 201 8
Condensed Statements of Income and Comprehensive Income
Cash dividends from Bank subsidiary	$	1,620		$	1,400
Other income		40			39
Other expense		408			222
Income before income taxes and equity in undistributed net income of subsidiary		1,252			1,217
Income tax benefit		(49	)		(52	)
Income before equity in undistributed net income of Bank subsidiary		1,301			1,269
Equity in undistributed net income of subsidiary		4,265			2,312
Net income	$	5,566		$	3,581
Comprehensive income	$	8,767		$	1,487

Condensed Cash Flow Statement [Table Text Block]

Condensed Statements of Cash Flows	Year Ended June 30, 201 9			Year Ended June 30, 201 8
Cash flows from operating activities
Net income	$	5,566		$	3,581
Equity in undistributed net income of Bank subsidiary		(4,265	)		(2,312	)
Securities amortization and accretion, net		(10	)		(10	)
Change in other assets and liabilities		63			12
Net cash flows from operating activities		1,354			1,271
Cash flows from financing activities
Dividend paid		(1,421	)		(1,351	)
Issuance of treasury stock for stock awards		59			90
Net cash flows from financing activities		(1,362	)		(1,261	)
Change in cash and cash equivalents		(8	)		10	)
Beginning cash and cash equivalents		46			36
Ending cash and cash equivalents	$	38		$	46