Note 11: Income Taxes: Schedule of Deferred Tax Assets and Liabilities (Tables)

12 Months Ended

Jun. 30, 2015

Tables/Schedules

Schedule of Deferred Tax Assets and Liabilities

The components of net deferred tax assets are summarized as follows:

(dollars in thousands)	June 30, 2015	June 30, 2014
Deferred tax assets:
Provision for losses on loans	$5,037	$3,696
Accrued compensation and benefits	538	450
Other-than-temporary impairment on             available for sale securities	137	141
NOL carry forwards acquired	768	853
Minimum Tax Credit	130	130
Unrealized loss on other real estate	6	38
Other	319	-
Total deferred tax assets	6,935	5,308
Deferred tax liabilities:
FHLB stock dividends	39	157
Purchase accounting adjustments	1,985	1,533
Depreciation	992	767
Prepaid expenses	81	250
Unrealized gain on available for sale securities	502	336
Other	-	164
Total deferred tax liabilities	3,599	3,207
Net deferred tax (liability) asset	$3,336	$2,101