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NOTE 18: Fair Value Measurements: Schedule of Financial Instruments (Tables)
12 Months Ended
Jun. 30, 2018
Tables/Schedules  
Schedule of Financial Instruments

 

 

 

June 30, 2018

 

 

 

Quoted Prices

 

 

 

 

 

in Active

 

Significant

 

 

 

Markets for

Significant Other

Unobservable

 

 

Carrying

Identical Assets

Observable Inputs

Inputs

(dollars in thousands)

 

Amount

(Level 1)

(Level 2)

(Level 3)

Financial assets

 

 

 

 

 

      Cash and cash equivalents

 

 $             26,326

 $             26,326

 $                      -

 $                      -

      Interest-bearing time deposits

 

                  1,953

                         -

                  1,953

                         -

      Stock in FHLB

 

                  5,661

                         -

                  5,661

                         -

      Stock in Federal Reserve Bank of St. Louis

 

                  3,566

                         -

                  3,566

                         -

      Loans receivable, net

 

           1,563,380

                         -

                         -

           1,556,466

      Accrued interest receivable

 

                  7,992

                         -

                  7,992

                         -

Financial liabilities

 

 

 

 

 

      Deposits

 

           1,579,902

           1,046,491

                         -

              529,297

      Securities sold under agreements to          repurchase

 

                  3,267

                         -

                  3,267

                         -

      Advances from FHLB

 

                76,652

                66,550

                10,110

                         -

      Note Payable

 

                  3,000

                         -

                         -

                  3,000

      Accrued interest payable

 

                  1,206

                         -

                  1,206

                         -

      Subordinated debt

 

                14,945

                         -

                         -

                14,382

Unrecognized financial instruments (net of contract amount)

 

 

 

 

 

      Commitments to originate loans

 

                         -

                         -

                         -

                         -

      Letters of credit

 

                         -

                         -

                         -

                         -

      Lines of credit

 

                         -

                         -

                         -

                         -

 

 

 

June 30, 2017

 

 

 

Quoted Prices

 

 

 

 

 

in Active

 

Significant

 

 

 

Markets for

Significant Other

Unobservable

 

 

Carrying

Identical Assets

Observable Inputs

Inputs

(dollars in thousands)

 

Amount

(Level 1)

(Level 2)

(Level 3)

Financial assets

 

 

 

 

 

      Cash and cash equivalents

 

 $             30,786

 $             30,786

 $                      -

 $                      -

      Interest-bearing time deposits

 

                     747

                         -

                     747

                         -

      Stock in FHLB

 

                  3,547

                         -

                  3,547

                         -

      Stock in Federal Reserve Bank of St. Louis

 

                  2,357

                         -

                  2,357

                         -

      Loans receivable, net

 

           1,397,730

                         -

                         -

           1,394,164

      Accrued interest receivable

 

                  6,769

                         -

                  6,769

                         -

Financial liabilities

 

 

 

 

 

      Deposits

 

           1,455,597

              918,553

                         -

              536,266

      Securities sold under agreements to          repurchase

 

                10,212

                         -

                10,212

                         -

      Advances from FHLB

 

                43,637

                20,000

                23,781

                         -

      Note Payable

 

                  3,000

                         -

                         -

                  3,000

      Accrued interest payable

 

                     918

                         -

                     918

                         -

      Subordinated debt

 

                14,848

                         -

                         -

                11,984

Unrecognized financial instruments (net of contract amount)

 

 

 

 

 

 

      Commitments to originate loans

 

                         -

                         -

                         -

                         -

 

      Letters of credit

 

                         -

                         -

                         -

                         -

 

      Lines of credit

 

                         -

                         -

                         -

                         -