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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, 2017
Tables/Schedules |
Condensed Income Statement |
(dollars in thousands) | Year ended June 30,
Condensed Statements of Income | 2017 | 2016 | 2015
Interest income | $ 17 | $ 14 | $ 115
Interest expense | 661 | 568 | 512
Net interest expense | (644) | (554) | (397)
Dividends from Bank | 4,000 | 23,600 | 13,200
Operating expenses | 955 | 294 | 940
Income before income taxes and |  |  |
equity in undistributed income of the Bank | 2,401 | 22,752 | 11,863
Income tax benefit | 455 | 325 | 463
Income before equity in undistributed |  |  |
income of the Bank | 2,856 | 23,077 | 12,326
Equity in undistributed income of the Bank | 12,696 | (8,229) | 1,342
NET INCOME | $ 15,552 | $ 14,848 | $ 13,668
COMPREHENSIVE INCOME | $ 14,417 | $ 15,649 | $ 13,941

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