Note 9: Income Taxes: Schedule of Deferred Tax Assets and Liabilities (Tables)

9 Months Ended

Mar. 31, 2020

Tables/Schedules

Schedule of Deferred Tax Assets and Liabilities

(dollars in thousands)		March 31, 2020		June 30, 2019
Deferred tax assets:
Provision for losses on loans	$	5,392	$	4,601
Accrued compensation and benefits		667		692
NOL carry forwards acquired		162		199
Minimum Tax Credit		130		130
Unrealized loss on other real estate		114		134
Purchase accounting adjustments		-		255
Losses and credits from LLC's		189		1,206
Other		185		-
Total deferred tax assets		6,839		7,217
Deferred tax liabilities:
Purchase accounting adjustments		137		-
Depreciation		1,348		1,749
FHLB stock dividends		120		120
Prepaid expenses		279		313
Unrealized gain on available for sale securities		437		364
Other		-		61
Total deferred tax liabilities		2,321		2,607
Net deferred tax asset	$	4,518	$	$4,610