Note 7: Securities Sold Under Agreements To Repurchase: Securities Sold Under Agreements To Repurchase Policy (Policies)	12 Months Ended
Jun. 30, 2018
Policies
Securities Sold Under Agreements To Repurchase Policy	Securities sold under agreements to repurchase, which are classified as borrowings, generally mature within one to four days. The carrying value of securities sold under agreement to repurchase amounted to $3.3 million and $10.2 million at June 30, 2018 and 2017, respectively. The securities, which are classified as borrowings, generally mature within one to four days. The securities underlying the agreements consist of marketable securities, including $1.2 million and $0.0 million of U.S. Government and Federal Agency Obligations, $3.4 million and $9.5 million of Mortgage-Backed Securities, and $0.0 million and $2.1 million of Collateralized Mortgage Obligations, at June 30, 2018 and 2017, respectively. The right of offset for a repurchase agreement resembles a secured borrowing, whereby the collateral pledged by the Company would be used to settle the fair value of the repurchase agreement should the Company be in default. The collateral is held by the Company in a segregated custodial account. In the event the collateral fair value falls below stipulated levels, the Company will pledge additional securities. The Company closely monitors collateral levels to ensure adequate levels are maintained.

Note 7: Securities Sold Under Agreements To Repurchase: Securities Sold Under Agreements To Repurchase Policy (Policies)

12 Months Ended

Jun. 30, 2018

Policies

Securities Sold Under Agreements To Repurchase Policy

Securities sold under agreements to repurchase, which are classified as borrowings, generally mature within one to four days.

The carrying value of securities sold under agreement to repurchase amounted to $3.3 million and $10.2 million at June 30, 2018 and 2017, respectively. The securities, which are classified as borrowings, generally mature within one to four days. The securities underlying the agreements consist of marketable securities, including $1.2 million and $0.0 million of U.S. Government and Federal Agency Obligations, $3.4 million and $9.5 million of Mortgage-Backed Securities, and $0.0 million and $2.1 million of Collateralized Mortgage Obligations, at June 30, 2018 and 2017, respectively. The right of offset for a repurchase agreement resembles a secured borrowing, whereby the collateral pledged by the Company would be used to settle the fair value of the repurchase agreement should the Company be in default. The collateral is held by the Company in a segregated custodial account. In the event the collateral fair value falls below stipulated levels, the Company will pledge additional securities. The Company closely monitors collateral levels to ensure adequate levels are maintained.