Note 20: Condensed Parent Company Only Financial Statements: Condensed Income Statement (Tables)

12 Months Ended

Jun. 30, 2015

Tables/Schedules

Condensed Income Statement

(dollars in thousands)	Year ended June 30,
Condensed Statements of Income	2015	2014	2013
Interest income	$115	$255	$311
Interest expense	512	305	227
Net interest income (expense)	(397)	(50)	84
Dividends from Bank	13,200	3,000	3,000
Operating expenses	940	1,141	369
Income before income taxes and
equity in undistributed income of the Bank	11,863	1,809	2,715
Income tax benefit	463	444	107
Income before equity in undistributed
income of the Bank	12,326	2,253	2,822
Equity in undistributed income of the Bank	1,342	7,828	7,245
NET INCOME	$13,668	$10,081	$10,067
COMPREHENSIVE INCOME	$13,941	$10,848	$9,188