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Note 20: Condensed Parent Company Only Financial Statements: Condensed Income Statement (Tables) | 12 Months Ended
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Jun. 30, 2016
Tables/Schedules |
Condensed Income Statement |
(dollars in thousands) | Year ended June 30,
Condensed Statements of Income | 2016 | 2015 | 2014
Interest income | $ 14 | $ 115 | $ 255
Interest expense | 568 | 512 | 305
Net interest expense | (554) | (397) | (50)
Dividends from Bank | 23,600 | 13,200 | 3,000
Operating expenses | 294 | 940 | 1,141
Income before income taxes and |  |  |
equity in undistributed income of the Bank | 22,752 | 11,863 | 1,809
Income tax benefit | 325 | 463 | 444
Income before equity in undistributed |  |  |
income of the Bank | 23,077 | 12,326 | 2,253
Equity in undistributed income of the Bank | (8,229) | 1,342 | 7,828
NET INCOME | $ 14,848 | $ 13,668 | $ 10,081
COMPREHENSIVE INCOME | $ 15,649 | $ 13,941 | $ 10,848

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