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Note 11: Fair Value Measurements: Schedule of Financial Instruments (Tables)
9 Months Ended
Mar. 31, 2019
Tables/Schedules  
Schedule of Financial Instruments

 

 

March 31, 2019

 

 

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

$      31,386

   $         31,386

   $                        -

   $                -

      Interest-bearing time deposits

             967

                        -

                        967

                     -

      Stock in FHLB

          4,873

                        -

                     4,873

                     -

      Stock in Federal Reserve Bank of St. Louis

          4,343

                        -

                     4,343

                     -

      Loans receivable, net

   1,823,449

                        -

                             -

       1,796,419

      Accrued interest receivable

          9,110

                        -

                     9,110

                     -

Financial liabilities

 

 

 

 

      Deposits

   1,874,114

         1,192,255

                             -

          679,351

      Securities sold under agreements to          repurchase

          4,703

                        -

                     4,703

                     -

      Advances from FHLB

        38,388

                8,000

                   30,600

                     -

      Note Payable

          3,000

                        -

                             -

              3,000

      Accrued interest payable

          2,063

                        -

                     2,063

                     -

      Subordinated debt

        15,018

                        -

                             -

            15,127

Unrecognized financial instruments (net of           contract amount)

 

 

 

 

      Commitments to originate loans

                 -

                        -

                             -

                     -

      Letters of credit

                 -

                        -

                             -

                     -

      Lines of credit

                 -

                        -

                             -

                     -

 

 

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

                 -

                        -

                             -

                     -