Southern Missouri Bancorp (SMBC) 10-Q 9 Nov 17 2018 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - $ / shares	Nov. 08, 2017	Sep. 30, 2017
Details
Registrant Name		Southern Missouri Bancorp, Inc.
Registrant CIK		916,907
SEC Form		10-Q
Period End date		Sep. 30, 2017
Fiscal Year End		--06-30
Trading Symbol		SMBC
Tax Identification Number (TIN)		431,665,523
Number of common stock shares outstanding	8,591,363
Filer Category		Accelerated Filer
Current with reporting		Yes
Voluntary filer		No
Well-known Seasoned Issuer		No
Amendment Flag		false
Document Fiscal Year Focus		2,018
Document Fiscal Period Focus		Q1
Entity Incorporation, State Country Name		Missouri
Entity Address, Address Line One		2991 Oak Grove Road
Entity Address, City or Town		Poplar Bluff
Entity Address, State or Province		MO
Entity Address, Postal Zip Code		63,901
City Area Code		573
Local Phone Number		778-1800
Entity Listing, Par Value Per Share	$ 0.01

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2017	Jun. 30, 2017
Details
Cash and cash equivalents	$ 25,102	$ 30,786
Interest-bearing Domestic Deposit, Time Deposits	747	747
Available-for-sale Securities	147,680	144,416
Federal Home Loan Bank Stock	5,191	3,547
Federal Reserve Bank Stock	3,193	2,357
Loans Receivable, Net	1,449,560	1,397,730
Interest Receivable	8,305	6,769
Property, Plant and Equipment, Net	54,129	54,167
Bank Owned Life Insurance	34,562	34,329
Goodwill	8,631	8,631
Other Intangible Assets, Net	6,440	6,759
Prepaid Expense and Other Assets	19,951	17,474
Total assets	1,763,491	1,707,712
Liabilities and Stockholders' Equity
Deposits	1,471,690	1,455,597
Securities Sold under Agreements to Repurchase	6,627	10,212
Advances from Federal Home Loan Banks	84,654	43,637
Notes Payable	3,000	3,000
Accounts Payable and Other Accrued Liabilities	4,618	6,417
Interest Payable, Current	995	918
Subordinated Debt	14,872	14,848
Total current liabilities	1,586,456	1,534,629
Total liabilities and shareholders' deficit	1,763,491	1,707,712
Common shares	86	86
Additional paid-in capital	70,114	70,101
Retained Earnings, Unappropriated	106,286	102,369
Accumulated Other Comprehensive Income (Loss), Net of Tax	549	527
Stockholders' Equity Attributable to Parent	$ 177,035	$ 173,083

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets - Parenthetical - USD ($) $ in Thousands	Sep. 30, 2017	Jun. 30, 2017
Details
Loans and Leases Receivable, Allowance	$ 16,357	$ 15,538
Common Stock, Par or Stated Value Per Share	$ 0.01	$ 0.01
Common Stock, Shares Authorized	10,000,000	10,000,000
Common Stock, Shares, Issued	8,591,363	8,591,363

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Interest and Dividend Income, Operating
Interest and Fee Income, Loans and Leases	$ 17,455	$ 14,250
Interest Income, Securities, Operating, Taxable	529	506
Interest Income, Securities, Mortgage Backed	417	345
Other Interest and Dividend Income	10	4
Interest and Dividend Income, Operating	18,411	15,105
Interest Expense
Interest Expense, Deposits	2,862	1,932
Interest Expense, Securities Sold under Agreements to Repurchase	14	27
Interest Expense, Federal Home Loan Bank and Federal Reserve Bank Advances, Long-term	226	418
Interest Expense Note Payable	28	0
Subordinated debt	178	152
Interest Expense	3,308	2,529
Interest Income (Expense), Net	15,103	12,576
Provision for Loan and Lease Losses	868	925
Interest Income (Expense), after Provision for Loan Loss	14,235	11,651
Noninterest Income
Fees and Commissions, Depositor Accounts	1,168	942
Interest and Fee Income, Loans, Consumer Installment, Credit Card	869	685
Fees and Commissions, Other	113	85
Bank Servicing Fees	180	56
Banking Fees and Commissions	388	238
Gain (Loss) on Sales of Loans, Net	203	272
Bank Owned Life Insurance Income	233	211
Noninterest Income, Other	117	86
Noninterest Income	3,271	2,575
Noninterest Expense
Employee Benefits and Share-based Compensation	5,932	4,787
Occupancy, Net	2,309	2,031
Federal Deposit Insurance Corporation Premium Expense	119	175
Professional Fees	252	203
Advertising Expense	238	239
Supplies and Postage Expense	197	132
Amortization of Intangible Assets	348	228
Bank Card Network Expense	367	279
Other Noninterest Expense	993	1,085
Noninterest Expense	10,755	9,159
Income (Loss) from Continuing Operations before Income Taxes, Domestic	6,751	5,067
Income Taxes Paid, Net	1,889	1,358
Net Income (Loss) Attributable to Parent	$ 4,862	$ 3,709
Earnings Per Share, Basic	$ 0.57	$ 0.50
Earnings Per Share, Diluted	0.56	0.50
Common Stock, Dividends, Per Share, Cash Paid	$ 0.11	$ 0.10

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Details
Net Income (Loss) Attributable to Parent	$ 4,862	$ 3,709
Other Comprehensive Income (Loss), Tax
Available-for-sale Securities, Gross Unrealized Gain	23	(230)
Other than Temporary Impairment Losses, Investments, Portion Recognized in Earnings, Net, Available-for-sale Securities	11	(30)
Income Tax Expense (Benefit)	(12)	96
Other Comprehensive Income (Loss), Tax	22	(164)
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	$ 4,884	$ 3,545

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Cash flows from operating activities:
Net Income (Loss) Attributable to Parent	$ 4,862	$ 3,709
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation	778	754
Gain (Loss) on Disposal of Fixed Assets	(4)	3
Stock Option and Stock Grant Expense	20	20
Amortization of Intangible Assets	348	228
Amortization of Purchase Accounting Adjustments	(404)	(306)
Life Insurance, Corporate or Bank Owned, Change in Value	(233)	(211)
Gain (Loss on Sale of Foreclosed Assets	(28)	(20)
Provision for Loan and Lease Losses	868	925
Accretion (Amortization) of Discounts and Premiums, Investments	272	256
Payments for Origination of Mortgage Loans Held-for-sale	(6,876)	(9,171)
Proceeds from Sale of Loans Held-for-sale	6,799	7,919
Gain on Sales of Loans Held for Sale	(203)	(272)
Changes in
Increase (Decrease) in Accrued Interest Receivable, Net	(1,536)	(1,096)
Increase (Decrease) in Prepaid Expense and Other Assets	2,711	489
Increase (Decrease) in Accounts Payable and Other Operating Liabilities	(2,929)	(2,396)
Increase (Decrease) in Deferred Income Taxes	6	228
Increase (Decrease) in Interest Payable, Net	77	29
Net cash used in operating activities	4,528	1,088
Cash flows from investing activities:
Increase (Decrease) in Other Loans	(52,814)	(67,813)
Net Change Interest-bearing Deposits, Domestic	0	225
Proceeds from Maturities, Prepayments and Calls of Available-for-sale Securities	4,224	8,507
Payments for (Proceeds from) Federal Home Loan Bank Stock	(1,644)	(762)
Payments for (Proceeds from) Federal Reserve Bank Stock	(836)	(7)
Payments to Acquire Available-for-sale Securities	(7,726)	(4,048)
Payments to Acquire Property, Plant, and Equipment	(1,383)	(430)
Investment Tax Credit	(3,784)	(1,661)
Proceeds from Sale of Productive Assets	647	0
Proceeds from Sale of Foreclosed Assets	431	459
Net cash used in investing activities	(62,885)	(65,530)
Cash flows from financing activities:
Increase (Decrease) in Demand Deposits	24,271	8,819
Increase (Decrease) in Time Deposits	(8,164)	37,878
Increase (Decrease) in Federal Funds Purchased and Securities Sold under Agreements to Repurchase, Net	(3,585)	(1,635)
Proceeds from Federal Home Loan Bank Advances	487,050	144,150
Repayments of Federal Home Loan Bank Borrowings	(445,950)	(125,100)
Dividends, Common Stock, Paid-in-kind	(945)	(744)
Net cash provided by financing activities	52,673	63,368
Common stock issued expense	(4)	0
Net increase (decrease) in cash	(5,684)	(1,074)
Cash and cash equivalents	30,786	22,554
Cash and cash equivalents	25,102	21,480
Cash Flow, Noncash Investing and Financing Activities Disclosure
Debt Conversion, Original Debt, Amount	701	295
Conversion of Foreclosed Real Estate to Loans	0	54
Conversion of Loans to Repossessed Assets	25	5
Cash Paid During the Period For
Interest Paid, Net	656	838
Income Taxes Paid	$ 480	$ 1,882

Note 1_ Basis of Presentation

Note 1: Basis of Presentation	3 Months Ended
	Sep. 30, 2017
Notes
Note 1: Basis of Presentation	Note 1: Basis of Presentation The accompanying unaudited interim consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information and with the instructions to Form 10-Q and Rule 10-01 of Securities and Exchange Commission (SEC) Regulation S-X. Accordingly, they do not include all of the information and footnotes required by accounting principles generally accepted in the United States of America for complete financial statements. In the opinion of management, all material adjustments (consisting only of normal recurring accruals) considered necessary for a fair presentation have been included. The consolidated balance sheet of the Company as of June 30, 2017, has been derived from the audited consolidated balance sheet of the Company as of that date. Operating results for the three-month period ended September 30, 2017, are not necessarily indicative of the results that may be expected for the entire fiscal year. For additional information, refer to the audited consolidated financial statements included in the Company’s June 30, 2017, Form 10-K, which was filed with the SEC. The accompanying consolidated financial statements include the accounts of the Company and its wholly-owned subsidiary, Southern Bank. All significant intercompany accounts and transactions have been eliminated in consolidation.

Note 2_ Organization and Summar

Note 2: Organization and Summary of Significant Accounting Policies	3 Months Ended
	Sep. 30, 2017
Notes
Note 2: Organization and Summary of Significant Accounting Policies	Note 2: Organization and Summary of Significant Accounting Policies Organization. The Bank is primarily engaged in providing a full range of banking and financial services to individuals and corporate customers in its market areas. The Bank and Company are subject to competition from other financial institutions. The Bank and Company are subject to regulation by certain federal and state agencies and undergo periodic examinations by those regulatory authorities. Basis of Financial Statement Presentation. Principles of Consolidation. Use of Estimates. Material estimates that are particularly susceptible to significant change relate to the determination of the allowance for loan losses, estimated fair values of purchased loans, other-than-temporary impairments (OTTI), and fair value of financial instruments. Cash and Cash Equivalents. Interest-bearing Time Deposits. Available for Sale Securities. Premiums and discounts on debt securities are amortized or accreted as adjustments to income over the estimated life of the security using the level yield method. Realized gains or losses on the sale of securities is based on the specific identification method. The fair value of securities is based on quoted market prices or dealer quotes. If a quoted market price is not available, fair value is estimated using quoted market prices for similar securities. The Company does not invest in collateralized mortgage obligations that are considered high risk. When the Company does not intend to sell a debt security, and it is more likely than not the Company will not have to sell the security before recovery of its cost basis, it recognizes the credit component of an other-than-temporary impairment of a debt security in earnings and the remaining portion in other comprehensive income. As a result of this guidance, the Company’s consolidated balance sheet as of the dates presented reflects the full impairment (that is, the difference between the security’s amortized cost basis and fair value) on debt securities that the Company intends to sell or would more likely than not be required to sell before the expected recovery of the amortized cost basis. For available-for-sale debt securities that management has no intent to sell and believes that it more likely than not will not be required to sell prior to recovery, only the credit loss component of the impairment is recognized in earnings, while the noncredit loss is recognized in accumulated other comprehensive loss. The credit loss component recognized in earnings is identified as the amount of principal cash flows not expected to be received over the remaining term of the security as projected based on cash flow projections. Federal Home Loan Bank and Federal Reserve Bank Stock. Loans. Interest on loans is accrued based upon the principal amount outstanding. The accrual of interest on loans is discontinued when, in management’s judgment, the collectability of interest or principal in the normal course of business is doubtful. The Company complies with regulatory guidance which indicates that loans should be placed in nonaccrual status when 90 days past due, unless the loan is both well-secured and in the process of collection. A loan that is “in the process of collection” may be subject to legal action or, in appropriate circumstances, through other collection efforts reasonably expected to result in repayment or restoration to current status in the near future. A loan is considered delinquent when a payment has not been made by the contractual due date. Interest income previously accrued but not collected at the date a loan is placed on nonaccrual status is reversed against interest income. Cash receipts on a nonaccrual loan are applied to principal and interest in accordance with its contractual terms unless full payment of principal is not expected, in which case cash receipts, whether designated as principal or interest, are applied as a reduction of the carrying value of the loan. A nonaccrual loan is generally returned to accrual status when principal and interest payments are current, full collectability of principal and interest is reasonably assured, and a consistent record of performance has been demonstrated. The allowance for losses on loans represents management’s best estimate of losses probable in the existing loan portfolio. The allowance for losses on loans is increased by the provision for losses on loans charged to expense and reduced by loans charged off, net of recoveries. Loans are charged off in the period deemed uncollectible, based on management’s analysis of expected cash flows (for non-collateral dependent loans) or collateral value (for collateral-dependent loans). Subsequent recoveries of loans previously charged off, if any, are credited to the allowance when received. The provision for losses on loans is determined based on management’s assessment of several factors: reviews and evaluations of specific loans, changes in the nature and volume of the loan portfolio, current economic conditions and the related impact on specific borrowers and industry groups, historical loan loss experience, the level of classified and nonperforming loans and the results of regulatory examinations. Loans are considered impaired if, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Depending on a particular loan’s circumstances, we measure impairment of a loan based upon either the present value of expected future cash flows discounted at the loan’s effective interest rate, the loan’s observable market price, or the fair value of the collateral less estimated costs to sell if the loan is collateral dependent. Valuation allowances are established for collateral-dependent impaired loans for the difference between the loan amount and fair value of collateral less estimated selling costs. For impaired loans that are not collateral dependent, a valuation allowance is established for the difference between the loan amount and the present value of expected future cash flows discounted at the historical effective interest rate or the observable market price of the loan. Impairment losses are recognized through an increase in the required allowance for loan losses. Cash receipts on loans deemed impaired are recorded based on the loan’s separate status as a nonaccrual loan or an accrual status loan. Some loans are accounted for in accordance with ASC 310-30, Loans and Debt Securities Acquired with Deteriorated Credit Quality. For these loans (“purchased credit impaired loans”), the Company recorded a fair value discount and began carrying them at book value less their face amount (see Note 4). For these loans, we determined the contractual amount and timing of undiscounted principal and interest payments (the “undiscounted contractual cash flows”), and estimated the amount and timing of undiscounted expected principal and interest payments, including expected prepayments (the “undiscounted expected cash flows”). Under acquired impaired loan accounting, the difference between the undiscounted contractual cash flows and the undiscounted expected cash flows is the nonaccretable difference. The nonaccretable difference is an estimate of the loss exposure of principal and interest related to the purchased credit impaired loans, and the amount is subject to change over time based on the performance of the loans. The carrying value of purchased credit impaired loans is initially determined as the discounted expected cash flows. The excess of expected cash flows at acquisition over the initial fair value of the purchased credit impaired loans is referred to as the “accretable yield” and is recorded as interest income over the estimated life of the acquired loans using the level-yield method, if the timing and amount of the future cash flows is reasonably estimable. The carrying value of purchased credit impaired loans is reduced by payments received, both principal and interest, and increased by the portion of the accretable yield recognized as interest income. Subsequent to acquisition, the Company evaluates the purchased credit impaired loans on a quarterly basis. Increases in expected cash flows compared to those previously estimated increase the accretable yield and are recognized as interest income prospectively. Decreases in expected cash flows compared to those previously estimated decrease the accretable yield and may result in the establishment of an allowance for loan losses and a provision for loan losses. Purchased credit impaired loans are generally considered accruing and performing loans, as the loans accrete interest income over the estimated life of the loan when expected cash flows are reasonably estimable. Accordingly, purchased credit impaired loans that are contractually past due are still considered to be accruing and performing as long as there is an expectation that the estimated cash flows will be received. If the timing and amount of cash flows is not reasonably estimable, the loans may be classified as nonaccrual loans. Loan fees and certain direct loan origination costs are deferred, and the net fee or cost is recognized as an adjustment to interest income using the interest method over the contractual life of the loans. Foreclosed Real Estate. Valuations are periodically performed by management, and an allowance for losses is established by a charge to operations if the carrying value of a property exceeds its estimated fair value, less estimated selling costs. Loans to facilitate the sale of real estate acquired in foreclosure are discounted if made at less than market rates. Discounts are amortized over the fixed interest period of each loan using the interest method. Premises and Equipment. Depreciation is computed by use of straight-line and accelerated methods over the estimated useful lives of the assets. Estimated lives are generally seven to forty years for premises, three to seven years for equipment, and three years for software. Bank Owned Life Insurance. Goodwill. The Company’s goodwill is evaluated annually for impairment or more frequently if impairment indicators are present. A qualitative assessment is performed to determine whether the existence of events or circumstances leads to a determination that it is more likely than not the fair value is less than the carrying amount, including goodwill. If, based on the evaluation, it is determined to be more likely than not that the fair value is less than the carrying value, then goodwill is tested further for impairment. If the implied fair value of goodwill is lower than its carrying amount, a goodwill impairment is indicated and goodwill is written down to its implied fair value. Subsequent increases in goodwill value are not recognized in the financial statements. Intangible Assets. The Company’s intangible assets at 30, 201 included gross core deposit intangibles of $ million with $ accumulated amortization, gross other identifiable intangibles of $3.8 million with accumulated amortization of $3. million , and mortgage servicing rights of $ . t June 30, 2017 included gross core deposit intangibles of $9.2 million with $3.8 million accumulated amortization, gross other identifiable intangibles of $3.8 million with accumulated amortization of $3.8 million , and FHLB mortgage servicing rights of $1.3 million . The Company’s core deposit intangible assets are being amortized using the straight line method , over periods ranging from five to years , with amortization expense expected to be approximately $ in fiscal 201 , $ in fiscal 201 , $ ,000 in fiscal 20 , $ ,000 in fiscal 20 , Income Taxes. Deferred income tax expense results from changes in deferred tax assets and liabilities between periods. Deferred tax assets are recognized if it is more likely than not, based on the technical merits, that the tax position will be realized or sustained upon examination. The term more likely than not means a likelihood of more than 50 percent; the terms examined and upon examination also include resolution of the related appeals or litigation processes, if any. A tax position that meets the more-likely-than-not recognition threshold is initially and subsequently measured as the largest amount of tax benefit that has a greater than 50 percent likelihood of being realized upon settlement with a taxing authority that has full knowledge of all relevant information. The determination of whether or not a tax position has met the more-likely-than-not recognition threshold considers the facts, circumstances, and information available at the reporting date and is subject to management’s judgment. Deferred tax assets are reduced by a valuation allowance if, based on the weight of evidence available, it is more likely than not that some portion or all of a deferred tax asset will not be realized. The Company recognizes interest and penalties on income taxes as a component of income tax expense. The Company files consolidated income tax returns with its subsidiaries. Incentive Plan. Outside Directors’ Retirement. In the event that the participant dies before collecting any or all of the benefits, the Bank shall pay the participant’s beneficiary. No benefits shall be payable to anyone other than the beneficiary, and shall terminate on the death of the beneficiary. Stock Options. Earnings Per Share. Comprehensive Income. Transfers Between Fair Value Hierarchy Levels. The following paragraphs summarize the impact of new accounting pronouncements: In March 2017, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2017-08, Receivables – Nonrefundable Fees and Other Costs: Premium Amortization on Purchased Callable Debt Securities (Subtopic 310-20). The Update amends the amortization period for certain callable debt securities held at a premium. The Update requires the premium to be amortized to the earliest call date. For public companies, the ASU is effective for fiscal years beginning after December 15, 2018, including interim periods. Early adoption is permitted. The Company elected to adopt the ASU early, and there was not a material impact on the Company’s consolidated financial statements. In January 2017, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2017-04, Intangibles - Goodwill and Other (Topic 350), Simplifying the Test for Goodwill Impairment. The objective of the Update is to expand the simplification of the subsequent measurement of goodwill to include public business entities and not-for-profit entities. The simplification eliminates Step 2 from the goodwill impairment test, which measures a goodwill impairment loss by comparing the implied fair value of the reporting unit’s goodwill with the carrying amount of that goodwill. For public companies that are U.S. Securities and Exchange Commission (SEC) filers, the ASU is effective for fiscal years beginning after December 15, 2019, including interim periods, and should be applied on a prospective basis. Early adoption is permitted for interim or annual goodwill impairment tests performed on testing dates after January 1, 2017. Management is evaluating the impact of the new guidance, but does not expect the adoption of this guidance to have a material impact on the Company’s consolidated financial statements. In October 2016, the FASB issued ASU 2016-16, Income Taxes (Topic 740). The Update provides guidance to improve the accounting for the income tax consequences of intra-entity transfers of assets other than inventory. Under the new guidance, companies should recognize the income tax consequences of an intra-entity transfer of an asset other than inventory when the transfer occurs. Intellectual property and property, plant, and equipment, are two common examples of assets included in the scope of this Update. For public companies, the ASU is effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. Management is evaluating the impact of the new guidance, but does not expect the adoption of this guidance to have a material impact on the Company’s consolidated financial statements. In August 2016, the FASB issued ASU 2016-15, Statement of Cash Flows (Topic 230), Classification of Certain Cash Receipts and Cash payments. The Update provides guidance on how certain cash receipts and payments are presented and classified in the statement of cash flows, with the objective of reducing the diversity in practice. The Update addresses eight specific cash flow issues. For public companies, the ASU is effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years, and should be applied retrospectively. Management is evaluating the impact of the new guidance, but does not expect the adoption of this guidance to have a material impact on the Company’s consolidated financial statements. In June 2016, the FASB issued ASU 2016-13, Financial Instruments - Credit Losses (Topic 326). The Update amends guidance on reporting credit losses for assets held at amortized cost basis and available for sale debt securities. For assets held at amortized cost basis, Topic 326 eliminates the probable initial recognition threshold in current GAAP and, instead, requires an entity to reflect its current estimate of all expected credit losses. The Update affects loans, debt securities, trade receivables, net investments in leases, off balance sheet credit exposures, and any other financial assets not excluded from the scope that have the contractual right to receive cash. For public companies, the ASU is effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. Early adoption is available beginning after December 15, 2018, including interim periods within those fiscal years. Adoption will be applied on a modified retrospective basis, through a cumulative-effect adjustment to retained earnings. Management is evaluating the impact, if any, this new guidance will have on the Company's consolidated financial statements, but cannot yet reasonably estimate the impact of adoption. The Company has formed a working group of key personnel responsible for the allowance for loan losses estimate and has initiated its evaluation of the data and systems requirements of adoption of the Update. In March 2016, the FASB issued ASU 2016-09, Compensation - Stock Compensation (Topic 718), Improvements to Employee Share-Based Payment Accounting. The objective of the Update is to simplify the accounting for share-based payment transactions, including the accounting for income taxes and forfeitures, statutory tax withholding requirements, classification of awards as either equity or liabilities, and classification on the statement of cash flows. The Update was effective for the Company beginning July 1, 2017, and did not have a material effect on the Company’s income taxes or the Company’s consolidated financial statements. In February 2016, the FASB issued ASU 2016-02, “Leases,” to revise the accounting related to lease accounting. Under the new guidance, a lessee is required to record a right-of-use (ROU) asset and a lease liability on the balance sheet for all leases with terms longer than 12 months. The ASU is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Adoption of the standard requires the use of a modified retrospective transition approach for all periods presented at the time of adoption. Management is evaluating the impact of the new guidance, but does not expect the adoption of this guidance to have a material impact on the Company’s consolidated financial statements. In January 2016, the FASB issued ASU 2016-01, “Recognition and Measurement of Financial Assets and Financial Liabilities,” to generally require equity investments be measured at fair value with changes in fair value recognized in net income, simplify the impairment assessment of equity investments without readily-determinable fair value, and change disclosure and presentation requirements regarding financial instruments and other comprehensive income, and clarify that an entity should evaluate the need for a valuation allowance on a deferred tax asset related to available-for-sale securities in combination with the entity’s other deferred tax assets. For public entities, the guidance is effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. Management is evaluating the new guidance, but does not expect the adoption of this guidance to have a material impact on the Company’s consolidated financial statements. In August 2015, the FASB issued ASU 2015-14, Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date, which deferred the effective date of ASU 2014-09. In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606): Summary and Amendments that Create Revenue from Contracts with Customers (Topic 606) and Other Assets and Deferred Costs—Contracts with Customers (Subtopic 340-40). The guidance in this Update supersedes the revenue recognition requirements in ASC Topic 605, Revenue Recognition, and most industry-specific guidance throughout the industry topics of the codification. For public companies, the original Update was to be effective for interim and annual periods beginning after December 15, 2016. The current ASU states that the provisions of ASU 2014-09 should be applied to annual reporting periods, including interim periods, beginning after December 15, 2017. The Company does not expect the new standard to result in a material change to our accounting for revenue because the majority of our financial instruments are not within the scope of Topic 606, however, it may result in new disclosure requirements.

Note 3_ Securities

Note 3: Securities	3 Months Ended
	Sep. 30, 2017
Notes
Note 3: Securities	Note 3: Securities The amortized cost, gross unrealized gains, gross unrealized losses, and approximate fair value of securities available for sale consisted of the following: September 30, 2017 Gross Gross Estimated Amortized Unrealized Unrealized Fair (dollars in thousands) Cost Gains Losses Value Investment and mortgage backed securities: U.S. government-sponsored enterprises (GSEs) $10,443 $16 $(15) $10,444 State and political subdivisions 52,074 980 (121) 52,933 Other securities 5,961 315 (542) 5,734 Mortgage-backed: GSE residential 78,349 495 (275) 78,569 Total investments and mortgage-backed securities $146,827 $1,806 $(953) $147,680 June 30, 2017 Gross Gross Estimated Amortized Unrealized Unrealized Fair (dollars in thousands) Cost Gains Losses Value Investment and mortgage backed securities: U.S. government-sponsored enterprises (GSEs) $10,433 $17 $(12) $10,438 State and political subdivisions 49,059 1,046 (127) 49,978 Other securities 6,017 306 (598) 5,725 Mortgage-backed GSE residential 78,088 490 (303) 78,275 Total investments and mortgage-backed securities $143,597 $1,859 $(1,040) $144,416 The amortized cost and estimated fair value of investment and mortgage-backed securities, by contractual maturity, are shown below. Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without penalties. September 30, 2017 Amortized Estimated (dollars in thousands) Cost Fair Value Within one year $3,994 $4,007 After one year but less than five years 16,851 16,987 After five years but less than ten years 14,920 15,055 After ten years 32,713 33,062 Total investment securities 68,478 69,111 Mortgage-backed securities 78,349 78,569 Total investments and mortgage-backed securities $146,827 $147,680 The carrying value of investment and mortgage-backed securities pledged as collateral to secure public deposits and securities sold under agreements to repurchase amounted to $107.8 million at September 30, 2017 and $114.1 million at June 30, 2017. The securities pledged consist of marketable securities, including $7.4 million and $6.5 million of U.S. Government and Federal Agency Obligations, $44.4 million and $50.5 million of Mortgage-Backed Securities, $17.3 million and $19.9 million of Collateralized Mortgage Obligations, $38.3 million and $36.8 million of State and Political Subdivisions Obligations, and $400,000 and $400,000 of Other Securities at September 30 and June 30, 2017, respectively. The following tables show our investments’ gross unrealized losses and fair value, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position at September 30 and June 30, 2017: September 30, 2017 Less than 12 months 12 months or more Total Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses (dollars in thousands) U.S. government-sponsored enterprises (GSEs) $3,482 $15 $- $- $3,482 $15 Obligations of state and political subdivisions 5,103 48 6,683 73 11,786 121 Other securities 56 - 1,206 542 1,262 542 Mortgage-backed securities 19,316 200 9,899 75 29,215 275 Total investments and mortgage-backed securities $27,957 $263 $17,788 $690 $45,745 $953 June 30, 2017 Less than 12 months 12 months or more Total Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses (dollars in thousands) U.S. government-sponsored enterprises (GSEs) $6,457 $12 $- $- $6,457 $12 Obligations of state and political subdivisions 12,341 127 256 - 12,597 127 Other securities - - 1,160 598 1,160 598 Mortgage-backed securities 29,836 267 2,285 36 32,121 303 Total investments and mortgage-backed securities $48,634 $406 $3,701 $634 $52,335 $1,040 Other securities. At September 30, 2017, there were 3 pooled trust preferred securities with an estimated fair value of $874 ,000 and unrealized losses of $536 ,000 in a continuous unrealized loss position for twelve months or more. These unrealized losses were primarily due to the long-term nature of the pooled trust preferred securities and a reduced demand for these securities, and concerns regarding the financial institutions that issued the underlying trust preferred securities. Rules adopted by the federal banking agencies in December 2013 to implement Section 619 of the Dodd-Frank Act (the “Volcker Rule”) generally prohibit banking entities from engaging in proprietary trading and from investing in, sponsoring, or having certain relationships with a hedge fund or private equity fund. All pooled trust preferred securities owned by the Company were included in a January 2014 listing of securities which the agencies considered to be grandfathered with regard to these prohibitions; as such, banking entities are permitted to retain their interest in these securities, provided the interest was acquired on or before December 10, 2013, unless acquired pursuant to a merger or acquisition. The September 30, 2017, cash flow analysis for these three securities indicated it is probable the Company will receive all contracted principal and related interest projected. The cash flow analysis used in making this determination was based on anticipated default, recovery, and prepayment rates, and the resulting cash flows were discounted based on the yield spread anticipated at the time the securities were purchased. Other inputs include the actual collateral attributes, which include credit ratings and other performance indicators of the underlying financial institutions, including profitability, capital ratios, and asset quality. Assumptions for these three securities included annualized prepayments of 1.3 to 1.9 percent; recoveries of 36 percent on currently deferred issuers within the next two years; new deferrals of 40 to 50 basis points annually; and eventual recoveries of eight to ten percent of new deferrals. One of these three securities has continued to receive cash interest payments in full since our purchase; two of the three securities received principal-in-kind (PIK), in lieu of cash interest, for a period of time following the recession and financial crisis which began in 2008, but have since resumed cash interest payments. One of the two securities which were in PIK status resumed cash interest payments during fiscal 2014, and the second resumed cash interest payments during fiscal 2017. Our cash flow analysis indicates that cash interest payments are expected to continue for the three securities. Because the Company does not intend to sell these securities and it is not more-likely-than-not that the Company will be required to sell these securities prior to recovery of their amortized cost basis, which may be maturity, the Company does not consider these investments to be other-than-temporarily impaired at September 30, 2017. At December 31, 2008, analysis of a fourth pooled trust preferred security indicated other-than-temporary impairment (OTTI). The loss recognized at that time reduced the amortized cost basis for the security, and as of September 30, 2017, the estimated fair value of the security exceeds the new, lower amortized cost basis. The Company does not believe any other individual unrealized loss as of September 30, 2017, represents OTTI. However, the Company could be required to recognize OTTI losses in future periods with respect to its available for sale investment securities portfolio. The amount and timing of any additional OTTI will depend on the decline in the underlying cash flows of the securities. Should the impairment of any of these securities become other-than-temporary, the cost basis of the investment will be reduced and the resulting loss recognized in the period the other-than-temporary impairment is identified. Credit losses recognized on investments. Accumulated Credit Losses Three-Month Period Ended (dollars in thousands) September 30, 2017 2016 Credit losses on debt securities held Beginning of period $340 $352 Additions related to OTTI losses not previously recognized - - Reductions due to sales - - Reductions due to change in intent or likelihood of sale - - Additions related to increases in previously-recognized OTTI losses - - Reductions due to increases in expected cash flows (3) (3) End of period $337 $349

Note 4_ Loans and Allowance for

Note 4: Loans and Allowance for Loan Losses	3 Months Ended
	Sep. 30, 2017
Notes
Note 4: Loans and Allowance for Loan Losses	Note 4: Loans and Allowance for Loan Losses Classes of loans are summarized as follows: (dollars in thousands) September 30, 2017 June 30, 2017 Real Estate Loans: Residential $449,771 $442,463 Construction 109,340 106,782 Commercial 634,735 603,922 Consumer loans 60,495 63,651 Commercial loans 265,246 247,184 1,519,587 1,464,002 Loans in process (53,674) (50,740) Deferred loan fees, net 4 6 Allowance for loan losses (16,357) (15,538) Total loans $1,449,560 $1,397,730 The Company’s lending activities consist of origination of loans secured by mortgages on one- to four-family residences and commercial and agricultural real estate, construction loans on residential and commercial properties, commercial and agricultural business loans and consumer loans. The Company has also occasionally purchased loan participation interests originated by other lenders and secured by properties generally located in the states of Missouri and Arkansas. Residential Mortgage Lending. The Company actively originates loans for the acquisition or refinance of one- to four-family residences. This category includes both fixed-rate and adjustable-rate mortgage (“ARM”) loans amortizing over periods of up to 30 years, and the properties securing such loans may be owner-occupied or non-owner-occupied. Single-family residential loans do not generally exceed 90% of the lower of the appraised value or purchase price of the secured property. Substantially all of the one- to four-family residential mortgage originations in the Company’s portfolio are located within the Company’s primary lending area. The Company also originates loans secured by multi-family residential properties that are often located outside the Company’s primary lending area but made to borrowers who operate within the primary market area. The majority of the multi-family residential loans that are originated by the Bank are amortized over periods generally up to 25 years, with balloon maturities typically up to ten years. Both fixed and adjustable interest rates are offered and it is typical for the Company to include an interest rate “floor” and “ceiling” in the loan agreement. Generally, multi-family residential loans do not exceed 85% of the lower of the appraised value or purchase price of the secured property. Commercial Real Estate Lending. The Company actively originates loans secured by commercial real estate including land (improved, unimproved, and farmland), strip shopping centers, retail establishments and other businesses. These properties are typically owned and operated by borrowers headquartered within the Company’s primary lending area, however, the property may be located outside our primary lending area. Most commercial real estate loans originated by the Company generally are based on amortization schedules of up to 25 years with monthly principal and interest payments. Generally, the interest rate received on these loans is fixed for a maturity for up to seven years, with a balloon payment due at maturity. Alternatively, for some loans, the interest rate adjusts at least annually after an initial period up to seven years. The Company typically includes an interest rate “floor” in the loan agreement. Generally, improved commercial real estate loan amounts do not exceed 80% of the lower of the appraised value or the purchase price of the secured property. Agricultural real estate terms offered differ slightly, with amortization schedules of up to 25 years with an 80% loan-to-value ratio, or 30 years with a 75% loan-to-value ratio. Construction Lending. The Company originates real estate loans secured by property or land that is under construction or development. Construction loans originated by the Company are generally secured by mortgage loans for the construction of owner occupied residential real estate or to finance speculative construction secured by residential real estate, land development, or owner-operated or non-owner occupied commercial real estate. During construction, these loans typically require monthly interest-only payments and have maturities ranging from six to twelve months. Once construction is completed, loans may be converted to permanent status with monthly payments using amortization schedules of up to 30 years on residential and generally up to 25 years on commercial real estate. While the Company typically utilizes maturity periods ranging from 6 to 12 months to closely monitor the inherent risks associated with construction loans for these loans, weather conditions, change orders, availability of materials and/or labor, and other factors may contribute to the lengthening of a project, thus necessitating the need to renew the construction loan at the balloon maturity. Such extensions are typically executed in incremental three month periods to facilitate project completion. The Company’s average term of construction loans is approximately eight months. During construction, loans typically require monthly interest only payments which may allow the Company an opportunity to monitor for early signs of financial difficulty should the borrower fail to make a required monthly payment. Additionally, during the construction phase, the Company typically obtains interim inspections completed by an independent third party. This monitoring further allows the Company opportunity to assess risk. At September 30, 2017, construction loans outstanding included 52 loans, totaling $9.2 million , for which a modification had been agreed to. At June 30, 2017, construction loans outstanding included 50 loans, totaling $10.3 million , for which a modification had been agreed to. All modifications were solely for the purpose of extending the maturity date due to conditions described above. None of these modifications were executed due to financial difficulty on the part of the borrower and, therefore, were not accounted for as TDRs . Consumer Lending . The Company offers a variety of secured consumer loans, including home equity, direct and indirect automobile loans, second mortgages, mobile home loans and loans secured by deposits. The Company originates substantially all of its consumer loans in its primary lending area. Usually, consumer loans are originated with fixed rates for terms of up to five years, with the exception of home equity lines of credit, which are variable, tied to the prime rate of interest and are for a period of ten years. Home equity lines of credit (HELOCs) are secured with a deed of trust and are issued up to 100% of the appraised or assessed value of the property securing the line of credit, less the outstanding balance on the first mortgage and are typically issued for a term of ten years. Interest rates on the HELOCs are generally adjustable. Interest rates are based upon the loan-to-value ratio of the property with better rates given to borrowers with more equity. Automobile loans originated by the Company include both direct loans and a smaller amount of loans originated by auto dealers. The Company generally pays a negotiated fee back to the dealer for indirect loans. Typically, automobile loans are made for terms of up to 60 months for new and used vehicles. Loans secured by automobiles have fixed rates and are generally made in amounts up to 100% of the purchase price of the vehicle. Commercial Business Lending . The Company’s commercial business lending activities encompass loans with a variety of purposes and security, including loans to finance accounts receivable, inventory, equipment and operating lines of credit, including agricultural production and equipment loans. The Company offers both fixed and adjustable rate commercial business loans. Generally, commercial loans secured by fixed assets are amortized over periods up to five years, while commercial operating lines of credit or agricultural production lines are generally for a one year period. The following tables present the balance in the allowance for loan losses and the recorded investment in loans (excluding loans in process and deferred loan fees) based on portfolio segment and impairment methods as of September 30 and June 30, 2017, and activity in the allowance for loan losses for the three-month periods ended September 30, 2017 and 2016: At period end and for the three months ended September 30, 2017 Residential Construction Commercial (dollars in thousands) Real Estate Real Estate Real Estate Consumer Commercial Total Allowance for loan losses: Balance, beginning of period $3,230 $964 $7,068 $757 $3,519 $15,538 Provision charged to expense 93 1 581 84 109 868 Losses charged off (23) - - (29) - (52) Recoveries - - - 3 - 3 Balance, end of period $3,300 $965 $7,649 $815 $3,628 $16,357 Ending Balance: individually evaluated for impairment $- $- $- $- $- $- Ending Balance: collectively evaluated for impairment $3,300 $965 $7,649 $815 $3,628 $16,357 Ending Balance: loans acquired with deteriorated credit quality $- $- $- $- $- $- Loans: Ending Balance: individually evaluated for impairment $- $- $- $- $- $- Ending Balance: collectively evaluated for impairment $446,317 $54,337 $623,676 $60,495 $261,460 $1,446,285 Ending Balance: loans acquired with deteriorated credit quality $3,454 $1,329 $11,059 $- $3,786 $19,628 At period end and for the three months ended September 30, 2016 Residential Construction Commercial (dollars in thousands) Real Estate Real Estate Real Estate Consumer Commercial Total Allowance for loan losses: Balance, beginning of period $3,247 $1,091 $5,711 $738 $3,004 $13,791 Provision charged to expense - 30 659 - 236 925 Losses charged off (97) - - (4) (168) (269) Recoveries 3 - - 4 2 9 Balance, end of period $3,153 $1,121 $6,370 $738 $3,074 $14,456 Ending Balance: individually evaluated for impairment $- $- $- $- $- $- Ending Balance: collectively evaluated for impairment $3,153 $1,121 $6,370 $738 $3,074 $14,456 Ending Balance: loans acquired with deteriorated credit quality $- $- $- $- $- $- At June 30, 2017 Residential Construction Commercial (dollars in thousands) Real Estate Real Estate Real Estate Consumer Commercial Total Allowance for loan losses: Balance, end of period $3,230 $964 $7,068 $757 $3,519 $15,538 Ending Balance: individually evaluated for impairment $- $- $- $- $- $- Ending Balance: collectively evaluated for impairment $3,230 $964 $7,068 $757 $3,519 $15,538 Ending Balance: loans acquired with deteriorated credit quality $- $- $- $- $- $- Loans: Ending Balance: individually evaluated for impairment $- $- $- $- $- $- Ending Balance: collectively evaluated for impairment $438,981 $54,704 $592,427 $63,651 $243,369 $1,393,132 Ending Balance: loans acquired with deteriorated credit quality $3,482 $1,338 $11,495 $- $3,815 $20,130 Management’s opinion as to the ultimate collectability of loans is subject to estimates regarding future cash flows from operations and the value of property, real and personal, pledged as collateral. These estimates are affected by changing economic conditions and the economic prospects of borrowers. The allowance for loan losses is maintained at a level that, in management’s judgment, is adequate to cover probable credit losses inherent in the loan portfolio at the balance sheet date. The allowance for loan losses is established as losses are estimated to have occurred through a provision for loan losses charged to earnings. Loan losses are charged against the allowance when an amount is determined to be uncollectible, based on management’s analysis of expected cash flow (for non-collateral-dependent loans) or collateral value (for collateral-dependent loans). Subsequent recoveries, if any, are credited to the allowance. The allowance for loan losses is evaluated on a regular basis by management and is based upon management’s periodic review of the collectability of the loans in light of historical experience, the nature and volume of the loan portfolio, adverse situations that may affect the borrower’s ability to repay, estimated value of any underlying collateral and prevailing economic conditions. This evaluation is inherently subjective as it requires estimates that are susceptible to significant revision as more information becomes available. The allowance consists of allocated and general components. The allocated component relates to loans that are classified as impaired. For those loans that are classified as impaired, an allowance is established when the discounted cash flows (or collateral value or observable market price) of the impaired loan is lower than the carrying value of that loan. Under the Company’s methodology, loans are first segmented into 1) those comprising large groups of smaller-balance homogeneous loans, including single-family mortgages and installment loans, which are collectively evaluated for impairment, and 2) all other loans which are individually evaluated. Those loans in the second category are further segmented utilizing a defined grading system which involves categorizing loans by severity of risk based on conditions that may affect the ability of the borrowers to repay their debt, such as current financial information, collateral valuations, historical payment experience, credit documentation, public information, and current trends. The loans subject to credit classification represent the portion of the portfolio subject to the greatest credit risk and where adjustments to the allowance for losses on loans as a result of provision and charge offs are most likely to have a significant impact on operations. A periodic review of selected credits (based on loan size and type) is conducted to identify loans with heightened risk or probable losses and to assign risk grades. The primary responsibility for this review rests with loan administration personnel. This review is supplemented with periodic examinations of both selected credits and the credit review process by the Company’s internal audit function and applicable regulatory agencies. The information from these reviews assists management in the timely identification of problems and potential problems and provides a basis for deciding whether the credit represents a probable loss or risk that should be recognized. A loan is considered impaired when, based on current information and events, it is probable that the scheduled payments of principal or interest will not be able to be collected when due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record and the amount of the shortfall in relation to the principal and interest owed. Impairment is measured on a loan-by-loan basis for commercial and agricultural loans by either the present value of expected future cash flows discounted at the loan’s effective interest rate, the loan’s obtainable market price or the fair value of the collateral if the loan is collateral dependent. Groups of loans with similar risk characteristics are collectively evaluated for impairment based on the group’s historical loss experience adjusted for changes in trends, conditions and other relevant factors that affect repayment of the loans. Accordingly, individual consumer and residential loans are not separately identified for impairment measurements, unless such loans are the subject of a restructuring agreement due to financial difficulties of the borrower. The general component covers non-impaired loans and is based on quantitative and qualitative factors. The loan portfolio is stratified into homogeneous groups of loans that possess similar loss characteristics and an appropriate loss ratio adjusted for qualitative factors is applied to the homogeneous pools of loans to estimate the incurred losses in the loan portfolio. Included in the Company’s loan portfolio are certain loans accounted for in accordance with ASC 310-30, Loans and Debt Securities Acquired with Deteriorated Credit Quality. These loans were written down at acquisition to an amount estimated to be collectible. As a result, certain ratios regarding the Company’s loan portfolio and credit quality cannot be used to compare the Company to peer companies or to compare the Company’s current credit quality to prior periods. The ratios particularly affected by accounting under ASC 310-30 include the allowance for loan losses as a percentage of loans, nonaccrual loans, and nonperforming assets, and nonaccrual loans and nonperforming loans as a percentage of total loans. The following tables present the credit risk profile of the Company’s loan portfolio (excluding loans in process and deferred loan fees) based on rating category and payment activity as of September 30, 2017 and June 30, 2017. These tables include purchased credit impaired loans, which are reported according to risk categorization after acquisition based on the Company’s standards for such classification: September 30, 2017 Residential Construction Commercial (dollars in thousands) Real Estate Real Estate Real Estate Consumer Commercial Pass $444,649 $55,631 $620,048 $60,172 $259,658 Watch 1,806 - 8,628 126 1,798 Special Mention 148 - 937 30 78 Substandard 3,168 35 5,122 167 3,110 Doubtful - - - - 602 Total $449,771 $55,666 $634,735 $60,495 $265,246 June 30, 2017 Residential Construction Commercial (dollars in thousands) Real Estate Real Estate Real Estate Consumer Commercial Pass $438,222 $55,825 $588,385 $63,320 $240,864 Watch 772 - 9,253 123 2,003 Special Mention 148 - 926 30 84 Substandard 3,321 217 5,358 178 3,631 Doubtful - - - - 602 Total $442,463 $56,042 $603,922 $63,651 $247,184 The above amounts include purchased credit impaired loans. At September 30, 2017, purchased credited impaired loans comprised $10.2 million of credits rated “Pass”; $4.5 million of credits rated “Watch”; “0” rated “Special Mention”; $4.9 million of credits rated “Substandard”; and “0” rated “Doubtful”. At June 30, 2017, purchased credit impaired loans accounted for $10.2 million of credits rated “Pass”; $5.0 million of credits rated “Watch”; none rated “Special Mention”; $4.9 million of credits rated “Substandard”; and “0” rated “Doubtful”. Credit Quality Indicators Watch Special Mention Substandard Doubtful Loans not meeting the criteria above that are analyzed individually as part of the above described process are considered to be Pass The following tables present the Company’s loan portfolio aging analysis (excluding loans in process and deferred loan fees) as of September 30, 2017 Greater Than Greater Than 90 30-59 Days 60-89 Days 90 Days Total Total Loans Days Past Due (dollars in thousands) Past Due Past Due Past Due Past Due Current Receivable and Accruing Real Estate Loans: Residential $1,780 $454 $438 $2,672 $447,099 $449,771 $- Construction - - - - 55,666 55,666 - Commercial 713 1,233 529 2,475 632,260 634,735 223 Consumer loans 380 9 212 601 59,894 60,495 76 Commercial loans 121 101 99 321 264,925 265,246 4 Total loans $2,994 $1,797 $1,278 $6,069 $1,459,844 $1,465,913 $303 June 30, 2017 Greater Than Greater Than 90 30-59 Days 60-89 Days 90 Days Total Total Loans Days Past Due (dollars in thousands) Past Due Past Due Past Due Past Due Current Receivable and Accruing Real Estate Loans: Residential $1,491 $148 $676 $2,315 $440,148 $442,463 $59 Construction 35 - - 35 56,007 56,042 - Commercial 700 - 711 1,411 602,511 603,922 - Consumer loans 216 16 134 366 63,285 63,651 13 Commercial loans 144 53 426 623 246,561 247,184 329 Total loans $2,586 $217 $1,947 $4,750 $1,408,512 $1,413,262 $401 At September 30, 2017 and June 30, 2017 there were no purchased credit impaired loans that were greater than 90 days past due. A loan is considered impaired, in accordance with the impairment accounting guidance (ASC 310-10-35-16), when based on current information and events, it is probable the Company will be unable to collect all amounts due from the borrower in accordance with the contractual terms of the loan. Impaired loans include nonperforming loans, as well as performing loans modified in troubled debt restructurings where concessions have been granted to borrowers experiencing financial difficulties. These concessions could include a reduction in the interest rate on the loan, payment extensions, forgiveness of principal, forbearance or other actions intended to maximize collection. The tables below present impaired loans (excluding loans in process and deferred loan fees) as of . These tables include purchased credit impaired loans. Purchased credit impaired loans are those for which it was deemed probable, at acquisition, that the Company would be unable to collect all contractually required payments receivable. In an instance where, subsequent to the acquisition, the Company determines it is probable, for a specific loan, that cash flows received will exceed the amount previously expected, the Company will recalculate the amount of accretable yield in order to recognize the improved cash flow expectation as additional interest income over the remaining life of the loan. These loans, however, will continue to be reported as impaired loans. In an instance where, subsequent to the acquisition, the Company determines it is probable, for a specific loan, that cash flows received will be less than the amount previously expected, the Company will allocate a specific allowance under the terms of ASC 310-10-35. September 30, 2017 Recorded Unpaid Principal Specific (dollars in thousands) Balance Balance Allowance Loans without a specific valuation allowance: Residential real estate $3,775 $4,433 $- Construction real estate 1,364 1,671 - Commercial real estate 14,492 16,354 - Consumer loans 1 1 - Commercial loans 4,218 4,857 - Loans with a specific valuation allowance: Residential real estate $- $- $- Construction real estate - - - Commercial real estate - - - Consumer loans - - - Commercial loans - - - Total: Residential real estate $3,775 $4,433 $- Construction real estate $1,364 $1,671 $- Commercial real estate $14,492 $16,354 $- Consumer loans $1 $1 $- Commercial loans $4,218 $4,857 $- June 30, 2017 Recorded Unpaid Principal Specific (dollars in thousands) Balance Balance Allowance Loans without a specific valuation allowance: Residential real estate $3,811 $4,486 $- Construction real estate 1,373 1,695 - Commercial real estate 14,935 16,834 - Consumer loans 1 1 - Commercial loans 4,302 4,990 - Loans with a specific valuation allowance: Residential real estate $- $- $- Construction real estate - - - Commercial real estate - - - Consumer loans - - - Commercial loans - - - Total: Residential real estate $3,811 $4,486 $- Construction real estate $1,373 $1,695 $- Commercial real estate $14,935 $16,834 $- Consumer loans $1 $1 $- Commercial loans $4,302 $4,990 $- The above amounts include purchased credit impaired loans. At , 201 , purchased credit impaired loans $ million of impaired loans without a specific valuation allowance At June 30, 201 , purchased credit impaired loans $ million of impaired loans without a specific valuation allowance The following tables present information regarding interest income recognized on impaired loans: For the three-month period ended September 30, 2017 Average (dollars in thousands) Investment in Interest Income Impaired Loans Recognized Residential Real Estate $3,468 $67 Construction Real Estate 1,334 39 Commercial Real Estate 11,277 246 Consumer Loans - - Commercial Loans 3,801 58 Total Loans $19,880 $410 For the three-month period ended September 30, 2016 Average (dollars in thousands) Investment in Interest Income Impaired Loans Recognized Residential Real Estate $2,929 $30 Construction Real Estate 1,395 34 Commercial Real Estate 9,849 181 Consumer Loans - - Commercial Loans 1,026 19 Total Loans $15,199 $264 Interest income on impaired loans recognized on a cash basis in the three-month periods ended September 30, 2017 and 2016, was immaterial. For the three-month period ended September 30, 2017, the amount of interest income recorded for impaired loans that represented a change in the present value of cash flows attributable to the passage of time was approximately $78,000, as compared to $82,000, for the three-month period ended September 30, 2016. The following table presents the Company’s nonaccrual loans at September 30 and June 30, 2017. The table excludes performing troubled debt restructurings. (dollars in thousands) September 30, 2017 June 30, 2017 Residential real estate $1,200 $1,263 Construction real estate 35 35 Commercial real estate 518 960 Consumer loans 148 158 Commercial loans 406 409 Total loans $2,307 $2,825 At September 30 and June 30, 2017, there were “0” purchased credit impaired loans on nonaccrual. Included in certain loan categories in the impaired loans are troubled debt restructurings (TDRs), where economic concessions have been granted to borrowers who have experienced financial difficulties. These concessions typically result from our loss mitigation activities, and could include reductions in the interest rate, payment extensions, forgiveness of principal, forbearance, or other actions. Certain TDRs are classified as nonperforming at the time of restructuring and typically are returned to performing status after considering the borrower’s sustained repayment performance for a reasonable period of at least six months. When loans and leases are modified into a TDR, the Company evaluates any possible impairment similar to other impaired loans based on the present value of expected future cash flows, discounted at the contractual interest rate of the original loan or lease agreement, and uses the current fair value of the collateral, less selling costs, for collateral dependent loans. If the Company determines that the value of the modified loan is less than the recorded investment in the loan (net of previous charge-offs, deferred loan fees or costs, and unamortized premium or discount), impairment is recognized through an allowance estimate or a charge-off to the allowance. In periods subsequent to modification, the Company evaluates all TDRs, including those that have payment defaults, for possible impairment and recognizes impairment through the allowance. During the three-month periods ended September 30, 2017 and 2016, certain loans modified were classified as TDRs. They are shown, segregated by class, in the table below: For the three-month periods ended September 30, 2017 September 30, 2016 Number of Recorded Number of Recorded (dollars in thousands) modifications Investment modifications Investment Residential real estate - $- - $- Construction real estate - - 1 37 Commercial real estate - - 3 1,970 Consumer loans - - - - Commercial loans - - 1 2 Total - $- 5 $2,009 Performing loans classified as TDRs and outstanding at September 30 and June 30, 2017, segregated by class, are shown in the table below. Nonperforming TDRs are shown as nonaccrual loans. September 30, 2017 June 30, 2017 Number of Recorded Number of Recorded (dollars in thousands) modifications Investment modifications Investment Residential real estate 10 $1,756 10 $1,756 Construction real estate - - - - Commercial real estate 13 5,153 13 5,206 Consumer loans - - - - Commercial loans 6 3,829 6 3,946 Total 29 $10,738 29 $10,908

Note 5_ Accounting For Certain

Note 5: Accounting For Certain Loans Acquired in A Transfer	3 Months Ended
	Sep. 30, 2017
Notes
Note 5: Accounting For Certain Loans Acquired in A Transfer	Note 5: Accounting for Certain Loans Acquired in a Transfer The Company acquired loans in transfers during the fiscal years ended June 30, 2011, June 30, 2015 and June 30, 2017. At acquisition, certain transferred loans evidenced deterioration of credit quality since origination and it was probable, at acquisition, that all contractually required payments would not be collected. Loans purchased with evidence of credit deterioration since origination and for which it is probable that all contractually required payments will not be collected are considered to be credit impaired. Evidence of credit quality deterioration as of the purchase date may include information such as past-due and nonaccrual status, borrower credit scores and recent loan to value percentages. Purchased credit-impaired loans are accounted for under the accounting guidance for loans and debt securities acquired with deteriorated credit quality (ASC 310-30) and initially measured at fair value, which includes estimated future credit losses expected to be incurred over the life of the loan. Accordingly, an allowance for credit losses related to these loans is not carried over and recorded at the acquisition date. Management estimated the cash flows expected to be collected at acquisition using our internal risk models, which incorporate the estimate of current key assumptions, such as default rates, severity and prepayment speeds. The carrying amount of those loans is included in the balance sheet amounts of loans receivable at September 30 and June 30, 2017. The amount of these loans is shown below: (dollars in thousands) September 30, 2017 June 30, 2017 Residential real estate $4,111 $4,158 Construction real estate 1,636 1,660 Commercial real estate 12,922 13,394 Consumer loans - - Commercial loans 4,425 4,502 Outstanding balance $23,094 $23,714 Carrying amount, net of fair value adjustment of $3,466 and $3,584 at September 30, 2017, and June 30, 2017, respectively $19,628 $20,130 Accretable yield, or income expected to be collected, is as follows: For the three-month period ended (dollars in thousands) September 30, 2017 September 30, 2016 Balance at beginning of period $609 $656 Additions - - Accretion (78) (82) Reclassification from nonaccretable difference 89 66 Disposals - - Balance at end of period $620 $640 During the three-month periods ended September 30, 2017 and September 30, 2016, the Company did not increase or reverse the allowance for loan losses related to these purchased credit impaired loans.

Note 6_ Deposits

Note 6: Deposits	3 Months Ended
	Sep. 30, 2017
Notes
Note 6: Deposits	Note 6: Deposits Deposits are summarized as follows: (dollars in thousands) September 30, 2017 June 30, 2017 Non-interest bearing accounts $194,747 $186,203 NOW accounts 494,313 479,488 Money market deposit accounts 109,870 105,599 Savings accounts 143,864 147,247 Certificates 528,896 537,060 Total Deposit Accounts $1,471,690 $1,455,597

Note 7_ Earnings Per Share

Note 7: Earnings Per Share	3 Months Ended
	Sep. 30, 2017
Notes
Note 7: Earnings Per Share	Note 7: Earnings Per Share The following table sets forth the computation of basic and diluted earnings per share: Three months ended September 30, 2017 2016 (dollars in thousands except per share data) Net income available to common shareholders $4,862 $3,709 Average Common shares – outstanding basic 8,591,363 7,436,914 Stock options under treasury stock method 28,799 30,556 Average Common shares – outstanding diluted 8,620,162 7,467,470 Basic earnings per common share $0.57 $0.50 Diluted earnings per common share $0.56 $0.50 At September 30, 2017 and 2016, no options outstanding had an exercise price exceeding the market price.

Note 8_ Income Taxes

Note 8: Income Taxes	3 Months Ended
	Sep. 30, 2017
Notes
Note 8: Income Taxes	Note 8: Income Taxes The Company and its subsidiary files income tax returns in the U.S. Federal jurisdiction and various states. The Company is no longer subject to U.S. federal and state examinations by tax authorities for fiscal years before 2011. The Company recognized no interest or penalties related to income taxes. The Company’s income tax provision is comprised of the following components: For the three-month period ended (dollars in thousands) September 30, 2017 September 30, 2016 Income taxes Current $1,883 $117 Deferred 6 1,241 Total income tax provision $1,889 $1,358 The components of net deferred tax assets are summarized as follows: (dollars in thousands) September 30, 2017 June 30, 2017 Deferred tax assets: Provision for losses on loans $5,706 $5,563 Accrued compensation and benefits 822 1,068 Other-than-temporary impairment on available for sale securities 122 128 NOL carry forwards acquired 475 513 Minimum Tax Credit 130 130 Unrealized loss on other real estate 127 131 Total deferred tax assets 7,382 7,533 Deferred tax liabilities: Purchase accounting adjustments 1,145 1,193 Depreciation 2,658 2,734 FHLB stock dividends 197 203 Prepaid expenses 171 213 Unrealized gain on available for sale securities 307 295 Other 1,018 991 Total deferred tax liabilities 5,497 5,629 Net deferred tax asset $1,885 $1,904 As of September 30, 2017 the Company had approximately $1.3 million and $3.2 million in federal and state net operating loss carryforwards, respectively, which were acquired in the July 2009 acquisition of Southern Bank of Commerce, the February 2014 acquisition of Citizens State Bankshares of Bald Knob, Inc. and the August 2014 acquisition of Peoples Service Company. The amount reported is net of the IRC Sec. 382 limitation, or state equivalent, related to utilization of net operating loss carryforwards of acquired corporations. Unless otherwise utilized, the net operating losses will begin to expire in 2027. A reconciliation of income tax expense at the statutory rate to the Company’s actual income tax is shown below: For the three-month period ended (dollars in thousands) September 30, 2017 September 30, 2016 Tax at statutory rate $ 2,363 $ 1,773 Increase (reduction) in taxes resulting from: Nontaxable municipal income (139) (132) State tax, net of Federal benefit 96 47 Cash surrender value of Bank-owned life insurance (82) (74) Tax credit benefits (224) (93) Other, net (125) (163) Actual provision $ 1,889 $ 1,358 Tax credit benefits are recognized under the flow-through method of accounting for investments in tax credits.

Note 9_ 401(k) Retirement Plan

Note 9: 401(k) Retirement Plan	3 Months Ended
	Sep. 30, 2017
Notes
Note 9: 401(k) Retirement Plan	Note 9: 401(k) Retirement Plan The Bank has a 401(k) retirement plan that covers substantially all eligible employees. The Bank made a safe harbor matching contribution to the Plan of up to 4% of eligible compensation, depending upon the percentage of eligible pay deferred into the plan by the employee. and also made additional, discretionary profit-sharing contributions for fiscal 2017; for fiscal 2018, the Company has maintained the safe harbor matching contribution of up to 4%, and expects to continue to make additional, discretionary profit-sharing contributions. During the three-month period ended September 30, 2017, retirement plan expenses recognized for the Plan totaled approximately $279,000, as compared to $243,000 for the same period of the prior fiscal year. Employee deferrals and safe harbor contributions are fully vested. Profit-sharing or other contributions vest over a period of five years.

Note 10_ Corporate Obligated Fl

Note 10: Corporate Obligated Floating Rate Trust Preferred Securities	3 Months Ended
	Sep. 30, 2017
Notes
Note 10: Corporate Obligated Floating Rate Trust Preferred Securities	Note 10: Subordinated Debt Southern Missouri Statutory Trust I issued $7.0 million of Floating Rate Capital Securities (the “Trust Preferred Securities”) with a liquidation value of $1,000 per share in March 2004. The securities are due in 30 years, redeemable after five years and bear interest at a floating rate based on LIBOR. At September 30, 2017, the current rate was 4.07%. The securities represent undivided beneficial interests in the trust, which was established by the Company for the purpose of issuing the securities. The Trust Preferred Securities were sold in a private transaction exempt from registration under the Securities Act of 1933, as amended (the “Act”) and have not been registered under the Act. The securities may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. Southern Missouri Statutory Trust I used the proceeds from the sale of the Trust Preferred Securities to purchase Junior Subordinated Debentures of the Company. The Company used its net proceeds for working capital and investment in its subsidiaries. In connection with its October 2013 acquisition of Ozarks Legacy Community Financial, Inc. (OLCF), the Company assumed $3.1 million in floating rate junior subordinated debt securities. The debt securities had been issued in June 2005 by OLCF in connection with the sale of trust preferred securities, bear interest at a floating rate based on LIBOR, are now redeemable at par, and mature in 2035. The carrying value of the debt securities was approximately $2.6 million at September 30, 2017, and $2.6 million at June 30, 2017. In connection with its August 2014 acquisition of Peoples Service Company, Inc. (PSC), the Company assumed $6.5 million in floating rate junior subordinated debt securities. The debt securities had been issued in 2005 by PSC’s subsidiary bank holding company, Peoples Banking Company, in connection with the sale of trust preferred securities, bear interest at a floating rate based on LIBOR, are now redeemable at par, and mature in 2035. The carrying value of the debt securities was approximately $5.1 million at September 30, 2017, and $5.0 million at June 30, 2017.

Note 11_ Fair Value Measurement

Note 11: Fair Value Measurements	3 Months Ended
	Sep. 30, 2017
Notes
Note 11: Fair Value Measurements	Note 11: Fair Value Measurements ASC Topic 820, Fair Value Measurements Level 1 Level 2 Level 3 Recurring Measurements. Fair Value Measurements at September 30, 2017 Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs (dollars in thousands) Fair Value (Level 1) (Level 2) (Level 3) U.S. government sponsored enterprises (GSEs) $10,444 $- $10,444 $- State and political subdivisions 52,933 - 52,933 - Other securities 5,734 - 5,734 - Mortgage-backed GSE residential 78,569 - 78,569 - Fair Value Measurements at June 30, 2017, Using: Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs (dollars in thousands) Fair Value (Level 1) (Level 2) (Level 3) U.S. government sponsored enterprises (GSEs) $10,438 $- $10,438 $- State and political subdivisions 49,978 - 49,978 - Other securities 5,725 - 5,725 - Mortgage-backed GSE residential 78,275 - 78,275 - Following is a description of the valuation methodologies and inputs used for assets measured at fair value on a recurring basis and recognized in the accompanying consolidated balance sheets, as well as the general classification of such assets pursuant to the valuation hierarchy. There have been no significant changes in the valuation techniques during the period ended September 30, 2017. Available-for-sale Securities. Nonrecurring Measurements. The following tables present the fair value measurement of assets measured at fair value on a nonrecurring basis and the level within the ASC 820 fair value hierarchy in which the fair value measurements fell at September 30 and June 30, 2017: Fair Value Measurements at September 30, 2017 Quoted Prices in Active Markets for Significant Other Significant Identical Assets Observable Inputs Unobservable Inputs (dollars in thousands) Fair Value (Level 1) (Level 2) (Level 3) Foreclosed and repossessed assets held for sale $3,424 $- $- $3,424 Fair Value Measurements at June 30, 2017, Using: Quoted Prices in Active Markets for Significant Other Significant Identical Assets Observable Inputs Unobservable Inputs (dollars in thousands) Fair Value (Level 1) (Level 2) (Level 3) Foreclosed and repossessed assets held for sale $3,100 $- $- $3,100 The following table presents gains and (losses) recognized on assets measured on a non-recurring basis for the three-month periods ended September 30, 2017 and 2016: For the three months ended (dollars in thousands) September 30, 2017 September 30, 2016 Foreclosed and repossessed assets held for sale $(6) $(143) Total (losses) gains on assets measured on a non-recurring basis $(6) $(143) The following is a description of valuation methodologies and inputs used for assets measured at fair value on a nonrecurring basis and recognized in the accompanying consolidated balance sheets, as well as the general classification of such assets and liabilities pursuant to the valuation hierarchy. For assets classified within Level 3 of fair value hierarchy, the process used to develop the reported fair value process is described below. Impaired Loans (Collateral Dependent). A collateral dependent loan is considered to be impaired when it is probable that all of the principal and interest due may not be collected according to its contractual terms. Generally, when a collateral dependent loan is considered impaired, the amount of reserve required is measured based on the fair value of the underlying collateral. The Company makes such measurements on all material collateral dependent loans deemed impaired using the fair value of the collateral for collateral dependent loans. The fair value of collateral used by the Company is determined by obtaining an observable market price or by obtaining an appraised value from an independent, licensed or certified appraiser, using observable market data. This data includes information such as selling price of similar properties and capitalization rates of similar properties sold within the market, expected future cash flows or earnings of the subject property based on current market expectations, and other relevant factors. In addition, management applies selling and other discounts to the underlying collateral value to determine the fair value. If an appraised value is not available, the fair value of the collateral dependent impaired loan is determined by an adjusted appraised value including unobservable cash flows. On a quarterly basis, loans classified as special mention, substandard, doubtful, or loss are evaluated including the loan officer’s review of the collateral and its current condition, the Company’s knowledge of the current economic environment in the market where the collateral is located, and the Company’s recent experience with real estate in the area. The date of the appraisal is also considered in conjunction with the economic environment and any decline in the real estate market since the appraisal was obtained. For all loan types, updated appraisals are obtained if considered necessary. In instances where the economic environment has worsened and/or the real estate market declined since the last appraisal, a higher distressed sale discount would be applied to the appraised value. The Company records collateral dependent impaired loans based on nonrecurring Level 3 inputs. If a collateral dependent loan’s fair value, as estimated by the Company, is less than its carrying value, the Company either records a charge-off of the portion of the loan that exceeds the fair value or establishes a specific reserve as part of the allowance for loan losses. There were no loans measured at fair value on a nonrecurring basis at September 30, 2017 or June 30, 2017. Foreclosed and Repossessed A ssets H eld for Sal e. are valued at the time the loan is foreclosed upon and the asset is transferred to foreclosed assets held for sale. The value of the asset is based on third party appraisals, less estimated costs to sell and appropriate discounts, if any. The appraisals are generally discounted based on current and expected market conditions that may impact the sale or value of the asset and management’s knowledge and experience with similar assets. Such discounts typically may be significant and result in a Level 3 classification of the inputs for determining fair value of these assets. Foreclosed assets held for sale are evaluated for additional impairment and are adjusted accordingly if is identified. Unobservable (Level 3) Inputs. The following table presents quantitative information about unobservable inputs used in recurring and nonrecurring Level 3 fair value measurements. (dollars in thousands) Fair value at September 30, 2017 Valuation technique Unobservable inputs Range of inputs applied Weighted-average inputs applied Nonrecurring Measurements Foreclosed and repossessed assets $3,424 Third party appraisal Marketability discount 0.0% - 74.3% 39.1% (dollars in thousands) Fair value at Valuation technique Unobservable inputs Range of inputs applied Weighted-average inputs applied Nonrecurring Measurements Foreclosed and repossessed assets $3,100 Third party appraisal Marketability discount 0.0% - 66.4% 40.6% Fair Value of Financial Instruments. September 30, 2017 Quoted Prices in Active Significant Markets for Significant Other Unobservable Carrying Identical Assets Observable Inputs Inputs (dollars in thousands) Amount (Level 1) (Level 2) (Level 3) Financial assets Cash and cash equivalents $25,102 $25,102 $- $- Interest-bearing time deposits 747 - 747 - Stock in FHLB 5,191 - 5,191 - Stock in Federal Reserve Bank of St. Louis 3,193 - 3,193 - Loans receivable, net 1,449,560 - - 1,449,091 Accrued interest receivable 8,305 - 8,305 - Financial liabilities Deposits 1,471,690 941,147 - 527,892 Securities sold under agreements to repurchase 6,627 - 6,627 - Advances from FHLB 84,654 66,100 18,660 - Accrued interest payable 995 - 995 - Subordinated debt 14,872 - - 11,871 Unrecognized financial instruments (net of contract amount) Commitments to originate loans - - - - Letters of credit - - - - Lines of credit - - - - June 30, 2017 Quoted Prices in Active Significant Markets for Significant Other Unobservable Carrying Identical Assets Observable Inputs Inputs (dollars in thousands) Amount (Level 1) (Level 2) (Level 3) Financial assets Cash and cash equivalents $30,786 $30,786 $- $- Interest-bearing time deposits 747 - 747 - Stock in FHLB 3,547 - 3,547 - Stock in Federal Reserve Bank of St. Louis 2,357 - 2,357 - Loans receivable, net 1,397,730 - - 1,394,164 Accrued interest receivable 6,769 - 6,769 - Financial liabilities Deposits 1,455,597 918,553 - 536,266 Securities sold under agreements to repurchase 10,212 - 10,212 - Advances from FHLB 43,637 20,000 23,781 - Accrued interest payable 918 - 918 - Subordinated debt 14,848 - - 11,984 Unrecognized financial instruments (net of contract amount) Commitments to originate loans - - - - Letters of credit - - - - Lines of credit - - - - The following methods and assumptions were used in estimating the fair values of financial instruments: Cash and cash equivalents and interest-bearing time deposits are valued at their carrying amounts, which approximates book value. Stock in FHLB and the Federal Reserve Bank of St. Louis is valued at cost, which approximates fair value. Fair value of loans is estimated by discounting the future cash flows using the current rates at which similar loans would be made to borrowers with similar credit ratings and for the same remaining maturities. Loans with similar characteristics are aggregated for purposes of the calculations. The carrying amounts of accrued interest approximate their fair values. The fair value of fixed-maturity time deposits is estimated using a discounted cash flow calculation that applies the rates currently offered for deposits of similar remaining maturities. Non-maturity deposits and securities sold under agreements are valued at their carrying value, which approximates fair value. Fair value of advances from the FHLB is estimated by discounting maturities using an estimate of the current market for similar instruments. The fair value of subordinated debt is estimated using rates currently available to the Company for debt with similar terms and maturities. The fair value of commitments to originate loans is estimated using the fees currently charged to enter into similar agreements, taking into account the remaining terms of the agreements and the present creditworthiness of the counterparties. For fixed-rate loan commitments, fair value also considers the difference between current levels of interest rates and committed rates. The fair value of letters of credit and lines of credit are based on fees currently charged for similar agreements or on the estimated cost to terminate or otherwise settle the obligations with the counterparties at the reporting date.

Note 12_ Business Combinations

Note 12: Business Combinations	3 Months Ended
	Sep. 30, 2017
Notes
Note 12: Business Combinations	Note 12: Business Combinations On August 17, 2017, the Company announced the signing of an agreement and plan of merger whereby Southern Missouri Bancshares, Inc. (“Bancshares”), and its wholly-owned subsidiary, Southern Missouri Bank of Marshfield, will be acquired by the Company in a stock and cash transaction valued at approximately $15.1 million, (representing 140% of Bancshares’ anticipated capital, as adjusted, at closing). At June 30, 2017, Bancshares held consolidated assets of $91.6 million, loans, net, of $69.1 million, and deposits of $73.6 million. The transaction is expected to close in the first quarter of calendar year 2018, subject to satisfaction of customary closing conditions, including regulatory and shareholder approvals. The acquired financial institution is expected to be merged with and into Southern Bank simultaneously with the acquisition of Bancshares in the first quarter of calendar year 2018. Through September 30, 2017, the Company incurred a total $75,000 of third-party acquisition-related costs with $50,000 being included in noninterest expense in the Company's consolidated statement of income for the three months ended September 30, 2017.

Note 2_ Organization and Summ19

Note 2: Organization and Summary of Significant Accounting Policies: Organization, Consolidation and Presentation of Financial Statements Disclosure and Significant Accounting Policies (Policies)	3 Months Ended
	Sep. 30, 2017
Policies
Organization, Consolidation and Presentation of Financial Statements Disclosure and Significant Accounting Policies	Organization. The Bank is primarily engaged in providing a full range of banking and financial services to individuals and corporate customers in its market areas. The Bank and Company are subject to competition from other financial institutions. The Bank and Company are subject to regulation by certain federal and state agencies and undergo periodic examinations by those regulatory authorities. Basis of Financial Statement Presentation.

Note 2_ Organization and Summ20

Note 2: Organization and Summary of Significant Accounting Policies: Principles of Consolidation Policy (Policies)	3 Months Ended
	Sep. 30, 2017
Policies
Principles of Consolidation Policy	Principles of Consolidation.

Note 2_ Organization and Summ21

Note 2: Organization and Summary of Significant Accounting Policies: Use of Estimates Policy (Policies)	3 Months Ended
	Sep. 30, 2017
Policies
Use of Estimates Policy	Use of Estimates. Material estimates that are particularly susceptible to significant change relate to the determination of the allowance for loan losses, estimated fair values of purchased loans, other-than-temporary impairments (OTTI), and fair value of financial instruments.

Note 2_ Organization and Summ22

Note 2: Organization and Summary of Significant Accounting Policies: Cash and Cash Equivalents, Policy (Policies)	3 Months Ended
	Sep. 30, 2017
Policies
Cash and Cash Equivalents, Policy	Cash and Cash Equivalents.

Note 2_ Organization and Summ23

Note 2: Organization and Summary of Significant Accounting Policies: Interest-bearing Time Deposits (Policies)	3 Months Ended
	Sep. 30, 2017
Policies
Interest-bearing Time Deposits	Interest-bearing Time Deposits.

Note 2_ Organization and Summ24

Note 2: Organization and Summary of Significant Accounting Policies: Marketable Securities, Policy (Policies)	3 Months Ended
	Sep. 30, 2017
Policies
Marketable Securities, Policy	Available for Sale Securities. Premiums and discounts on debt securities are amortized or accreted as adjustments to income over the estimated life of the security using the level yield method. Realized gains or losses on the sale of securities is based on the specific identification method. The fair value of securities is based on quoted market prices or dealer quotes. If a quoted market price is not available, fair value is estimated using quoted market prices for similar securities. The Company does not invest in collateralized mortgage obligations that are considered high risk. When the Company does not intend to sell a debt security, and it is more likely than not the Company will not have to sell the security before recovery of its cost basis, it recognizes the credit component of an other-than-temporary impairment of a debt security in earnings and the remaining portion in other comprehensive income. As a result of this guidance, the Company’s consolidated balance sheet as of the dates presented reflects the full impairment (that is, the difference between the security’s amortized cost basis and fair value) on debt securities that the Company intends to sell or would more likely than not be required to sell before the expected recovery of the amortized cost basis. For available-for-sale debt securities that management has no intent to sell and believes that it more likely than not will not be required to sell prior to recovery, only the credit loss component of the impairment is recognized in earnings, while the noncredit loss is recognized in accumulated other comprehensive loss. The credit loss component recognized in earnings is identified as the amount of principal cash flows not expected to be received over the remaining term of the security as projected based on cash flow projections.

Note 2_ Organization and Summ25

Note 2: Organization and Summary of Significant Accounting Policies: Federal Home Loan Bank and Federal Reserve Bank Stock (Policies)	3 Months Ended
	Sep. 30, 2017
Policies
Federal Home Loan Bank and Federal Reserve Bank Stock	Federal Home Loan Bank and Federal Reserve Bank Stock.

Note 2_ Organization and Summ26

Note 2: Organization and Summary of Significant Accounting Policies: Loans Policy (Policies)	3 Months Ended
	Sep. 30, 2017
Policies
Loans Policy	Loans. Interest on loans is accrued based upon the principal amount outstanding. The accrual of interest on loans is discontinued when, in management’s judgment, the collectability of interest or principal in the normal course of business is doubtful. The Company complies with regulatory guidance which indicates that loans should be placed in nonaccrual status when 90 days past due, unless the loan is both well-secured and in the process of collection. A loan that is “in the process of collection” may be subject to legal action or, in appropriate circumstances, through other collection efforts reasonably expected to result in repayment or restoration to current status in the near future. A loan is considered delinquent when a payment has not been made by the contractual due date. Interest income previously accrued but not collected at the date a loan is placed on nonaccrual status is reversed against interest income. Cash receipts on a nonaccrual loan are applied to principal and interest in accordance with its contractual terms unless full payment of principal is not expected, in which case cash receipts, whether designated as principal or interest, are applied as a reduction of the carrying value of the loan. A nonaccrual loan is generally returned to accrual status when principal and interest payments are current, full collectability of principal and interest is reasonably assured, and a consistent record of performance has been demonstrated. The allowance for losses on loans represents management’s best estimate of losses probable in the existing loan portfolio. The allowance for losses on loans is increased by the provision for losses on loans charged to expense and reduced by loans charged off, net of recoveries. Loans are charged off in the period deemed uncollectible, based on management’s analysis of expected cash flows (for non-collateral dependent loans) or collateral value (for collateral-dependent loans). Subsequent recoveries of loans previously charged off, if any, are credited to the allowance when received. The provision for losses on loans is determined based on management’s assessment of several factors: reviews and evaluations of specific loans, changes in the nature and volume of the loan portfolio, current economic conditions and the related impact on specific borrowers and industry groups, historical loan loss experience, the level of classified and nonperforming loans and the results of regulatory examinations. Loans are considered impaired if, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Depending on a particular loan’s circumstances, we measure impairment of a loan based upon either the present value of expected future cash flows discounted at the loan’s effective interest rate, the loan’s observable market price, or the fair value of the collateral less estimated costs to sell if the loan is collateral dependent. Valuation allowances are established for collateral-dependent impaired loans for the difference between the loan amount and fair value of collateral less estimated selling costs. For impaired loans that are not collateral dependent, a valuation allowance is established for the difference between the loan amount and the present value of expected future cash flows discounted at the historical effective interest rate or the observable market price of the loan. Impairment losses are recognized through an increase in the required allowance for loan losses. Cash receipts on loans deemed impaired are recorded based on the loan’s separate status as a nonaccrual loan or an accrual status loan. Some loans are accounted for in accordance with ASC 310-30, Loans and Debt Securities Acquired with Deteriorated Credit Quality. For these loans (“purchased credit impaired loans”), the Company recorded a fair value discount and began carrying them at book value less their face amount (see Note 4). For these loans, we determined the contractual amount and timing of undiscounted principal and interest payments (the “undiscounted contractual cash flows”), and estimated the amount and timing of undiscounted expected principal and interest payments, including expected prepayments (the “undiscounted expected cash flows”). Under acquired impaired loan accounting, the difference between the undiscounted contractual cash flows and the undiscounted expected cash flows is the nonaccretable difference. The nonaccretable difference is an estimate of the loss exposure of principal and interest related to the purchased credit impaired loans, and the amount is subject to change over time based on the performance of the loans. The carrying value of purchased credit impaired loans is initially determined as the discounted expected cash flows. The excess of expected cash flows at acquisition over the initial fair value of the purchased credit impaired loans is referred to as the “accretable yield” and is recorded as interest income over the estimated life of the acquired loans using the level-yield method, if the timing and amount of the future cash flows is reasonably estimable. The carrying value of purchased credit impaired loans is reduced by payments received, both principal and interest, and increased by the portion of the accretable yield recognized as interest income. Subsequent to acquisition, the Company evaluates the purchased credit impaired loans on a quarterly basis. Increases in expected cash flows compared to those previously estimated increase the accretable yield and are recognized as interest income prospectively. Decreases in expected cash flows compared to those previously estimated decrease the accretable yield and may result in the establishment of an allowance for loan losses and a provision for loan losses. Purchased credit impaired loans are generally considered accruing and performing loans, as the loans accrete interest income over the estimated life of the loan when expected cash flows are reasonably estimable. Accordingly, purchased credit impaired loans that are contractually past due are still considered to be accruing and performing as long as there is an expectation that the estimated cash flows will be received. If the timing and amount of cash flows is not reasonably estimable, the loans may be classified as nonaccrual loans. Loan fees and certain direct loan origination costs are deferred, and the net fee or cost is recognized as an adjustment to interest income using the interest method over the contractual life of the loans.

Note 2_ Organization and Summ27

Note 2: Organization and Summary of Significant Accounting Policies: Foreclosed Real Estate Policy (Policies)	3 Months Ended
	Sep. 30, 2017
Policies
Foreclosed Real Estate Policy	Foreclosed Real Estate. Valuations are periodically performed by management, and an allowance for losses is established by a charge to operations if the carrying value of a property exceeds its estimated fair value, less estimated selling costs. Loans to facilitate the sale of real estate acquired in foreclosure are discounted if made at less than market rates. Discounts are amortized over the fixed interest period of each loan using the interest method.

Note 2_ Organization and Summ28

Note 2: Organization and Summary of Significant Accounting Policies: Property, Plant and Equipment, Policy (Policies)	3 Months Ended
	Sep. 30, 2017
Policies
Property, Plant and Equipment, Policy	Premises and Equipment. Depreciation is computed by use of straight-line and accelerated methods over the estimated useful lives of the assets. Estimated lives are generally seven to forty years for premises, three to seven years for equipment, and three years for software.

Note 2_ Organization and Summ29

Note 2: Organization and Summary of Significant Accounting Policies: Bank Owned Life Insurance Policy (Policies)	3 Months Ended
	Sep. 30, 2017
Policies
Bank Owned Life Insurance Policy	Bank Owned Life Insurance.

Note 2_ Organization and Summ30

Note 2: Organization and Summary of Significant Accounting Policies: Goodwill Policy (Policies)	3 Months Ended
	Sep. 30, 2017
Policies
Goodwill Policy	Goodwill. The Company’s goodwill is evaluated annually for impairment or more frequently if impairment indicators are present. A qualitative assessment is performed to determine whether the existence of events or circumstances leads to a determination that it is more likely than not the fair value is less than the carrying amount, including goodwill. If, based on the evaluation, it is determined to be more likely than not that the fair value is less than the carrying value, then goodwill is tested further for impairment. If the implied fair value of goodwill is lower than its carrying amount, a goodwill impairment is indicated and goodwill is written down to its implied fair value. Subsequent increases in goodwill value are not recognized in the financial statements.

Note 2_ Organization and Summ31

Note 2: Organization and Summary of Significant Accounting Policies: Intangible Assets, Finite-Lived, Policy (Policies)	3 Months Ended
	Sep. 30, 2017
Policies
Intangible Assets, Finite-Lived, Policy	Intangible Assets. The Company’s intangible assets at 30, 201 included gross core deposit intangibles of $ million with $ accumulated amortization, gross other identifiable intangibles of $3.8 million with accumulated amortization of $3. million , and mortgage servicing rights of $ . t June 30, 2017 included gross core deposit intangibles of $9.2 million with $3.8 million accumulated amortization, gross other identifiable intangibles of $3.8 million with accumulated amortization of $3.8 million , and FHLB mortgage servicing rights of $1.3 million . The Company’s core deposit intangible assets are being amortized using the straight line method , over periods ranging from five to years , with amortization expense expected to be approximately $ in fiscal 201 , $ in fiscal 201 , $ ,000 in fiscal 20 , $ ,000 in fiscal 20 ,

Note 2_ Organization and Summ32

Note 2: Organization and Summary of Significant Accounting Policies: Income Tax, Policy (Policies)	3 Months Ended
	Sep. 30, 2017
Policies
Income Tax, Policy	Income Taxes. Deferred income tax expense results from changes in deferred tax assets and liabilities between periods. Deferred tax assets are recognized if it is more likely than not, based on the technical merits, that the tax position will be realized or sustained upon examination. The term more likely than not means a likelihood of more than 50 percent; the terms examined and upon examination also include resolution of the related appeals or litigation processes, if any. A tax position that meets the more-likely-than-not recognition threshold is initially and subsequently measured as the largest amount of tax benefit that has a greater than 50 percent likelihood of being realized upon settlement with a taxing authority that has full knowledge of all relevant information. The determination of whether or not a tax position has met the more-likely-than-not recognition threshold considers the facts, circumstances, and information available at the reporting date and is subject to management’s judgment. Deferred tax assets are reduced by a valuation allowance if, based on the weight of evidence available, it is more likely than not that some portion or all of a deferred tax asset will not be realized. The Company recognizes interest and penalties on income taxes as a component of income tax expense. The Company files consolidated income tax returns with its subsidiaries.

Note 2_ Organization and Summ33

Note 2: Organization and Summary of Significant Accounting Policies: Share-based Compensation, Option and Incentive Plans Policy (Policies)	3 Months Ended
	Sep. 30, 2017
Policies
Share-based Compensation, Option and Incentive Plans Policy	Incentive Plan.

Note 2_ Organization and Summ34

Note 2: Organization and Summary of Significant Accounting Policies: Outside Directors Retirement Plan Policy (Policies)	3 Months Ended
	Sep. 30, 2017
Policies
Outside Directors Retirement Plan Policy	Outside Directors’ Retirement. In the event that the participant dies before collecting any or all of the benefits, the Bank shall pay the participant’s beneficiary. No benefits shall be payable to anyone other than the beneficiary, and shall terminate on the death of the beneficiary.

Note 2_ Organization and Summ35

Note 2: Organization and Summary of Significant Accounting Policies: Stock Options Policy (Policies)	3 Months Ended
	Sep. 30, 2017
Policies
Stock Options Policy	Stock Options.

Note 2_ Organization and Summ36

Note 2: Organization and Summary of Significant Accounting Policies: Earnings Per Share, Policy (Policies)	3 Months Ended
	Sep. 30, 2017
Policies
Earnings Per Share, Policy	Earnings Per Share.

Note 2_ Organization and Summ37

Note 2: Organization and Summary of Significant Accounting Policies: Comprehensive Income, Policy (Policies)	3 Months Ended
	Sep. 30, 2017
Policies
Comprehensive Income, Policy	Comprehensive Income.

Note 2_ Organization and Summ38

Note 2: Organization and Summary of Significant Accounting Policies: Fair Value Transfer Policy (Policies)	3 Months Ended
	Sep. 30, 2017
Policies
Fair Value Transfer Policy	Transfers Between Fair Value Hierarchy Levels.

Note 2_ Organization and Summ39

Note 2: Organization and Summary of Significant Accounting Policies: New Accounting Pronouncements (Policies)	3 Months Ended
	Sep. 30, 2017
Policies
New Accounting Pronouncements	The following paragraphs summarize the impact of new accounting pronouncements: In March 2017, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2017-08, Receivables – Nonrefundable Fees and Other Costs: Premium Amortization on Purchased Callable Debt Securities (Subtopic 310-20). The Update amends the amortization period for certain callable debt securities held at a premium. The Update requires the premium to be amortized to the earliest call date. For public companies, the ASU is effective for fiscal years beginning after December 15, 2018, including interim periods. Early adoption is permitted. The Company elected to adopt the ASU early, and there was not a material impact on the Company’s consolidated financial statements. In January 2017, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2017-04, Intangibles - Goodwill and Other (Topic 350), Simplifying the Test for Goodwill Impairment. The objective of the Update is to expand the simplification of the subsequent measurement of goodwill to include public business entities and not-for-profit entities. The simplification eliminates Step 2 from the goodwill impairment test, which measures a goodwill impairment loss by comparing the implied fair value of the reporting unit’s goodwill with the carrying amount of that goodwill. For public companies that are U.S. Securities and Exchange Commission (SEC) filers, the ASU is effective for fiscal years beginning after December 15, 2019, including interim periods, and should be applied on a prospective basis. Early adoption is permitted for interim or annual goodwill impairment tests performed on testing dates after January 1, 2017. Management is evaluating the impact of the new guidance, but does not expect the adoption of this guidance to have a material impact on the Company’s consolidated financial statements. In October 2016, the FASB issued ASU 2016-16, Income Taxes (Topic 740). The Update provides guidance to improve the accounting for the income tax consequences of intra-entity transfers of assets other than inventory. Under the new guidance, companies should recognize the income tax consequences of an intra-entity transfer of an asset other than inventory when the transfer occurs. Intellectual property and property, plant, and equipment, are two common examples of assets included in the scope of this Update. For public companies, the ASU is effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. Management is evaluating the impact of the new guidance, but does not expect the adoption of this guidance to have a material impact on the Company’s consolidated financial statements. In August 2016, the FASB issued ASU 2016-15, Statement of Cash Flows (Topic 230), Classification of Certain Cash Receipts and Cash payments. The Update provides guidance on how certain cash receipts and payments are presented and classified in the statement of cash flows, with the objective of reducing the diversity in practice. The Update addresses eight specific cash flow issues. For public companies, the ASU is effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years, and should be applied retrospectively. Management is evaluating the impact of the new guidance, but does not expect the adoption of this guidance to have a material impact on the Company’s consolidated financial statements. In June 2016, the FASB issued ASU 2016-13, Financial Instruments - Credit Losses (Topic 326). The Update amends guidance on reporting credit losses for assets held at amortized cost basis and available for sale debt securities. For assets held at amortized cost basis, Topic 326 eliminates the probable initial recognition threshold in current GAAP and, instead, requires an entity to reflect its current estimate of all expected credit losses. The Update affects loans, debt securities, trade receivables, net investments in leases, off balance sheet credit exposures, and any other financial assets not excluded from the scope that have the contractual right to receive cash. For public companies, the ASU is effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. Early adoption is available beginning after December 15, 2018, including interim periods within those fiscal years. Adoption will be applied on a modified retrospective basis, through a cumulative-effect adjustment to retained earnings. Management is evaluating the impact, if any, this new guidance will have on the Company's consolidated financial statements, but cannot yet reasonably estimate the impact of adoption. The Company has formed a working group of key personnel responsible for the allowance for loan losses estimate and has initiated its evaluation of the data and systems requirements of adoption of the Update. In March 2016, the FASB issued ASU 2016-09, Compensation - Stock Compensation (Topic 718), Improvements to Employee Share-Based Payment Accounting. The objective of the Update is to simplify the accounting for share-based payment transactions, including the accounting for income taxes and forfeitures, statutory tax withholding requirements, classification of awards as either equity or liabilities, and classification on the statement of cash flows. The Update was effective for the Company beginning July 1, 2017, and did not have a material effect on the Company’s income taxes or the Company’s consolidated financial statements. In February 2016, the FASB issued ASU 2016-02, “Leases,” to revise the accounting related to lease accounting. Under the new guidance, a lessee is required to record a right-of-use (ROU) asset and a lease liability on the balance sheet for all leases with terms longer than 12 months. The ASU is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Adoption of the standard requires the use of a modified retrospective transition approach for all periods presented at the time of adoption. Management is evaluating the impact of the new guidance, but does not expect the adoption of this guidance to have a material impact on the Company’s consolidated financial statements. In January 2016, the FASB issued ASU 2016-01, “Recognition and Measurement of Financial Assets and Financial Liabilities,” to generally require equity investments be measured at fair value with changes in fair value recognized in net income, simplify the impairment assessment of equity investments without readily-determinable fair value, and change disclosure and presentation requirements regarding financial instruments and other comprehensive income, and clarify that an entity should evaluate the need for a valuation allowance on a deferred tax asset related to available-for-sale securities in combination with the entity’s other deferred tax assets. For public entities, the guidance is effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. Management is evaluating the new guidance, but does not expect the adoption of this guidance to have a material impact on the Company’s consolidated financial statements. In August 2015, the FASB issued ASU 2015-14, Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date, which deferred the effective date of ASU 2014-09. In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606): Summary and Amendments that Create Revenue from Contracts with Customers (Topic 606) and Other Assets and Deferred Costs—Contracts with Customers (Subtopic 340-40). The guidance in this Update supersedes the revenue recognition requirements in ASC Topic 605, Revenue Recognition, and most industry-specific guidance throughout the industry topics of the codification. For public companies, the original Update was to be effective for interim and annual periods beginning after December 15, 2016. The current ASU states that the provisions of ASU 2014-09 should be applied to annual reporting periods, including interim periods, beginning after December 15, 2017. The Company does not expect the new standard to result in a material change to our accounting for revenue because the majority of our financial instruments are not within the scope of Topic 606, however, it may result in new disclosure requirements.

Note 3_ Securities_ Repurchase

Note 3: Securities: Repurchase Agreements, Collateral, Policy (Policies)	3 Months Ended
	Sep. 30, 2017
Policies
Repurchase Agreements, Collateral, Policy	The carrying value of investment and mortgage-backed securities pledged as collateral to secure public deposits and securities sold under agreements to repurchase amounted to $107.8 million at September 30, 2017 and $114.1 million at June 30, 2017. The securities pledged consist of marketable securities, including $7.4 million and $6.5 million of U.S. Government and Federal Agency Obligations, $44.4 million and $50.5 million of Mortgage-Backed Securities, $17.3 million and $19.9 million of Collateralized Mortgage Obligations, $38.3 million and $36.8 million of State and Political Subdivisions Obligations, and $400,000 and $400,000 of Other Securities at September 30 and June 30, 2017, respectively.

Note 3_ Securities_ Other Secur

Note 3: Securities: Other Securities Policy (Policies)	3 Months Ended
	Sep. 30, 2017
Policies
Other Securities Policy	Other securities. At September 30, 2017, there were 3 pooled trust preferred securities with an estimated fair value of $874 ,000 and unrealized losses of $536 ,000 in a continuous unrealized loss position for twelve months or more. These unrealized losses were primarily due to the long-term nature of the pooled trust preferred securities and a reduced demand for these securities, and concerns regarding the financial institutions that issued the underlying trust preferred securities. Rules adopted by the federal banking agencies in December 2013 to implement Section 619 of the Dodd-Frank Act (the “Volcker Rule”) generally prohibit banking entities from engaging in proprietary trading and from investing in, sponsoring, or having certain relationships with a hedge fund or private equity fund. All pooled trust preferred securities owned by the Company were included in a January 2014 listing of securities which the agencies considered to be grandfathered with regard to these prohibitions; as such, banking entities are permitted to retain their interest in these securities, provided the interest was acquired on or before December 10, 2013, unless acquired pursuant to a merger or acquisition. The September 30, 2017, cash flow analysis for these three securities indicated it is probable the Company will receive all contracted principal and related interest projected. The cash flow analysis used in making this determination was based on anticipated default, recovery, and prepayment rates, and the resulting cash flows were discounted based on the yield spread anticipated at the time the securities were purchased. Other inputs include the actual collateral attributes, which include credit ratings and other performance indicators of the underlying financial institutions, including profitability, capital ratios, and asset quality. Assumptions for these three securities included annualized prepayments of 1.3 to 1.9 percent; recoveries of 36 percent on currently deferred issuers within the next two years; new deferrals of 40 to 50 basis points annually; and eventual recoveries of eight to ten percent of new deferrals. One of these three securities has continued to receive cash interest payments in full since our purchase; two of the three securities received principal-in-kind (PIK), in lieu of cash interest, for a period of time following the recession and financial crisis which began in 2008, but have since resumed cash interest payments. One of the two securities which were in PIK status resumed cash interest payments during fiscal 2014, and the second resumed cash interest payments during fiscal 2017. Our cash flow analysis indicates that cash interest payments are expected to continue for the three securities. Because the Company does not intend to sell these securities and it is not more-likely-than-not that the Company will be required to sell these securities prior to recovery of their amortized cost basis, which may be maturity, the Company does not consider these investments to be other-than-temporarily impaired at September 30, 2017. At December 31, 2008, analysis of a fourth pooled trust preferred security indicated other-than-temporary impairment (OTTI). The loss recognized at that time reduced the amortized cost basis for the security, and as of September 30, 2017, the estimated fair value of the security exceeds the new, lower amortized cost basis. The Company does not believe any other individual unrealized loss as of September 30, 2017, represents OTTI. However, the Company could be required to recognize OTTI losses in future periods with respect to its available for sale investment securities portfolio. The amount and timing of any additional OTTI will depend on the decline in the underlying cash flows of the securities. Should the impairment of any of these securities become other-than-temporary, the cost basis of the investment will be reduced and the resulting loss recognized in the period the other-than-temporary impairment is identified.

Note 3_ Securities_ Credit Loss

Note 3: Securities: Credit Losses Recognized on Investments Policy (Policies)	3 Months Ended
	Sep. 30, 2017
Policies
Credit Losses Recognized on Investments Policy	Credit losses recognized on investments.

Note 4_ Loans and Allowance f43

Note 4: Loans and Allowance for Loan Losses: Residential Mortgage Lending Policy (Policies)	3 Months Ended
	Sep. 30, 2017
Policies
Residential Mortgage Lending Policy	Residential Mortgage Lending. The Company actively originates loans for the acquisition or refinance of one- to four-family residences. This category includes both fixed-rate and adjustable-rate mortgage (“ARM”) loans amortizing over periods of up to 30 years, and the properties securing such loans may be owner-occupied or non-owner-occupied. Single-family residential loans do not generally exceed 90% of the lower of the appraised value or purchase price of the secured property. Substantially all of the one- to four-family residential mortgage originations in the Company’s portfolio are located within the Company’s primary lending area. The Company also originates loans secured by multi-family residential properties that are often located outside the Company’s primary lending area but made to borrowers who operate within the primary market area. The majority of the multi-family residential loans that are originated by the Bank are amortized over periods generally up to 25 years, with balloon maturities typically up to ten years. Both fixed and adjustable interest rates are offered and it is typical for the Company to include an interest rate “floor” and “ceiling” in the loan agreement. Generally, multi-family residential loans do not exceed 85% of the lower of the appraised value or purchase price of the secured property.

Note 4_ Loans and Allowance f44

Note 4: Loans and Allowance for Loan Losses: Commercial Real Estate Lending Policy (Policies)	3 Months Ended
	Sep. 30, 2017
Policies
Commercial Real Estate Lending Policy	Commercial Real Estate Lending. The Company actively originates loans secured by commercial real estate including land (improved, unimproved, and farmland), strip shopping centers, retail establishments and other businesses. These properties are typically owned and operated by borrowers headquartered within the Company’s primary lending area, however, the property may be located outside our primary lending area. Most commercial real estate loans originated by the Company generally are based on amortization schedules of up to 25 years with monthly principal and interest payments. Generally, the interest rate received on these loans is fixed for a maturity for up to seven years, with a balloon payment due at maturity. Alternatively, for some loans, the interest rate adjusts at least annually after an initial period up to seven years. The Company typically includes an interest rate “floor” in the loan agreement. Generally, improved commercial real estate loan amounts do not exceed 80% of the lower of the appraised value or the purchase price of the secured property. Agricultural real estate terms offered differ slightly, with amortization schedules of up to 25 years with an 80% loan-to-value ratio, or 30 years with a 75% loan-to-value ratio.

Note 4_ Loans and Allowance f45

Note 4: Loans and Allowance for Loan Losses: Construction Lending Policy (Policies)	3 Months Ended
	Sep. 30, 2017
Policies
Construction Lending Policy	Construction Lending. The Company originates real estate loans secured by property or land that is under construction or development. Construction loans originated by the Company are generally secured by mortgage loans for the construction of owner occupied residential real estate or to finance speculative construction secured by residential real estate, land development, or owner-operated or non-owner occupied commercial real estate. During construction, these loans typically require monthly interest-only payments and have maturities ranging from six to twelve months. Once construction is completed, loans may be converted to permanent status with monthly payments using amortization schedules of up to 30 years on residential and generally up to 25 years on commercial real estate. While the Company typically utilizes maturity periods ranging from 6 to 12 months to closely monitor the inherent risks associated with construction loans for these loans, weather conditions, change orders, availability of materials and/or labor, and other factors may contribute to the lengthening of a project, thus necessitating the need to renew the construction loan at the balloon maturity. Such extensions are typically executed in incremental three month periods to facilitate project completion. The Company’s average term of construction loans is approximately eight months. During construction, loans typically require monthly interest only payments which may allow the Company an opportunity to monitor for early signs of financial difficulty should the borrower fail to make a required monthly payment. Additionally, during the construction phase, the Company typically obtains interim inspections completed by an independent third party. This monitoring further allows the Company opportunity to assess risk. At September 30, 2017, construction loans outstanding included 52 loans, totaling $9.2 million , for which a modification had been agreed to. At June 30, 2017, construction loans outstanding included 50 loans, totaling $10.3 million , for which a modification had been agreed to. All modifications were solely for the purpose of extending the maturity date due to conditions described above. None of these modifications were executed due to financial difficulty on the part of the borrower and, therefore, were not accounted for as TDRs .

Note 4_ Loans and Allowance f46

Note 4: Loans and Allowance for Loan Losses: Consumer Lending Policy (Policies)	3 Months Ended
	Sep. 30, 2017
Policies
Consumer Lending Policy	Consumer Lending . The Company offers a variety of secured consumer loans, including home equity, direct and indirect automobile loans, second mortgages, mobile home loans and loans secured by deposits. The Company originates substantially all of its consumer loans in its primary lending area. Usually, consumer loans are originated with fixed rates for terms of up to five years, with the exception of home equity lines of credit, which are variable, tied to the prime rate of interest and are for a period of ten years. Home equity lines of credit (HELOCs) are secured with a deed of trust and are issued up to 100% of the appraised or assessed value of the property securing the line of credit, less the outstanding balance on the first mortgage and are typically issued for a term of ten years. Interest rates on the HELOCs are generally adjustable. Interest rates are based upon the loan-to-value ratio of the property with better rates given to borrowers with more equity. Automobile loans originated by the Company include both direct loans and a smaller amount of loans originated by auto dealers. The Company generally pays a negotiated fee back to the dealer for indirect loans. Typically, automobile loans are made for terms of up to 60 months for new and used vehicles. Loans secured by automobiles have fixed rates and are generally made in amounts up to 100% of the purchase price of the vehicle.

Note 4_ Loans and Allowance f47

Note 4: Loans and Allowance for Loan Losses: Commercial Business Lending Policy (Policies)	3 Months Ended
	Sep. 30, 2017
Policies
Commercial Business Lending Policy	Commercial Business Lending . The Company’s commercial business lending activities encompass loans with a variety of purposes and security, including loans to finance accounts receivable, inventory, equipment and operating lines of credit, including agricultural production and equipment loans. The Company offers both fixed and adjustable rate commercial business loans. Generally, commercial loans secured by fixed assets are amortized over periods up to five years, while commercial operating lines of credit or agricultural production lines are generally for a one year period.

Note 3_ Securities_ Schedule of

Note 3: Securities: Schedule of Available for Sale Securities (Tables)	3 Months Ended
	Sep. 30, 2017
Tables/Schedules
Schedule of Available for Sale Securities	September 30, 2017 Gross Gross Estimated Amortized Unrealized Unrealized Fair (dollars in thousands) Cost Gains Losses Value Investment and mortgage backed securities: U.S. government-sponsored enterprises (GSEs) $10,443 $16 $(15) $10,444 State and political subdivisions 52,074 980 (121) 52,933 Other securities 5,961 315 (542) 5,734 Mortgage-backed: GSE residential 78,349 495 (275) 78,569 Total investments and mortgage-backed securities $146,827 $1,806 $(953) $147,680 June 30, 2017 Gross Gross Estimated Amortized Unrealized Unrealized Fair (dollars in thousands) Cost Gains Losses Value Investment and mortgage backed securities: U.S. government-sponsored enterprises (GSEs) $10,433 $17 $(12) $10,438 State and political subdivisions 49,059 1,046 (127) 49,978 Other securities 6,017 306 (598) 5,725 Mortgage-backed GSE residential 78,088 490 (303) 78,275 Total investments and mortgage-backed securities $143,597 $1,859 $(1,040) $144,416

Note 3_ Securities_ Contractual

Note 3: Securities: Contractual Obligation, Fiscal Year Maturity Schedule (Tables)	3 Months Ended
	Sep. 30, 2017
Tables/Schedules
Contractual Obligation, Fiscal Year Maturity Schedule	September 30, 2017 Amortized Estimated (dollars in thousands) Cost Fair Value Within one year $3,994 $4,007 After one year but less than five years 16,851 16,987 After five years but less than ten years 14,920 15,055 After ten years 32,713 33,062 Total investment securities 68,478 69,111 Mortgage-backed securities 78,349 78,569 Total investments and mortgage-backed securities $146,827 $147,680

Note 3_ Securities_ Available-f

Note 3: Securities: Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value (Tables)	3 Months Ended
	Sep. 30, 2017
Tables/Schedules
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	September 30, 2017 Less than 12 months 12 months or more Total Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses (dollars in thousands) U.S. government-sponsored enterprises (GSEs) $3,482 $15 $- $- $3,482 $15 Obligations of state and political subdivisions 5,103 48 6,683 73 11,786 121 Other securities 56 - 1,206 542 1,262 542 Mortgage-backed securities 19,316 200 9,899 75 29,215 275 Total investments and mortgage-backed securities $27,957 $263 $17,788 $690 $45,745 $953 June 30, 2017 Less than 12 months 12 months or more Total Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses (dollars in thousands) U.S. government-sponsored enterprises (GSEs) $6,457 $12 $- $- $6,457 $12 Obligations of state and political subdivisions 12,341 127 256 - 12,597 127 Other securities - - 1,160 598 1,160 598 Mortgage-backed securities 29,836 267 2,285 36 32,121 303 Total investments and mortgage-backed securities $48,634 $406 $3,701 $634 $52,335 $1,040

Note 3_ Securities_ Other than

Note 3: Securities: Other than Temporary Impairment, Credit Losses Recognized in Earnings (Tables)	3 Months Ended
	Sep. 30, 2017
Tables/Schedules
Other than Temporary Impairment, Credit Losses Recognized in Earnings	Accumulated Credit Losses Three-Month Period Ended (dollars in thousands) September 30, 2017 2016 Credit losses on debt securities held Beginning of period $340 $352 Additions related to OTTI losses not previously recognized - - Reductions due to sales - - Reductions due to change in intent or likelihood of sale - - Additions related to increases in previously-recognized OTTI losses - - Reductions due to increases in expected cash flows (3) (3) End of period $337 $349

Note 4_ Loans and Allowance f52

Note 4: Loans and Allowance for Loan Losses: Schedule of Accounts, Notes, Loans and Financing Receivable (Tables)	3 Months Ended
	Sep. 30, 2017
Tables/Schedules
Schedule of Accounts, Notes, Loans and Financing Receivable	Classes of loans are summarized as follows: (dollars in thousands) September 30, 2017 June 30, 2017 Real Estate Loans: Residential $449,771 $442,463 Construction 109,340 106,782 Commercial 634,735 603,922 Consumer loans 60,495 63,651 Commercial loans 265,246 247,184 1,519,587 1,464,002 Loans in process (53,674) (50,740) Deferred loan fees, net 4 6 Allowance for loan losses (16,357) (15,538) Total loans $1,449,560 $1,397,730

Note 4_ Loans and Allowance f53

Note 4: Loans and Allowance for Loan Losses: Schedule of balance in the allowance for loan losses and recorded investment (Tables)	3 Months Ended
	Sep. 30, 2017
Tables/Schedules
Schedule of balance in the allowance for loan losses and recorded investment	At period end and for the three months ended September 30, 2017 Residential Construction Commercial (dollars in thousands) Real Estate Real Estate Real Estate Consumer Commercial Total Allowance for loan losses: Balance, beginning of period $3,230 $964 $7,068 $757 $3,519 $15,538 Provision charged to expense 93 1 581 84 109 868 Losses charged off (23) - - (29) - (52) Recoveries - - - 3 - 3 Balance, end of period $3,300 $965 $7,649 $815 $3,628 $16,357 Ending Balance: individually evaluated for impairment $- $- $- $- $- $- Ending Balance: collectively evaluated for impairment $3,300 $965 $7,649 $815 $3,628 $16,357 Ending Balance: loans acquired with deteriorated credit quality $- $- $- $- $- $- Loans: Ending Balance: individually evaluated for impairment $- $- $- $- $- $- Ending Balance: collectively evaluated for impairment $446,317 $54,337 $623,676 $60,495 $261,460 $1,446,285 Ending Balance: loans acquired with deteriorated credit quality $3,454 $1,329 $11,059 $- $3,786 $19,628 At period end and for the three months ended September 30, 2016 Residential Construction Commercial (dollars in thousands) Real Estate Real Estate Real Estate Consumer Commercial Total Allowance for loan losses: Balance, beginning of period $3,247 $1,091 $5,711 $738 $3,004 $13,791 Provision charged to expense - 30 659 - 236 925 Losses charged off (97) - - (4) (168) (269) Recoveries 3 - - 4 2 9 Balance, end of period $3,153 $1,121 $6,370 $738 $3,074 $14,456 Ending Balance: individually evaluated for impairment $- $- $- $- $- $- Ending Balance: collectively evaluated for impairment $3,153 $1,121 $6,370 $738 $3,074 $14,456 Ending Balance: loans acquired with deteriorated credit quality $- $- $- $- $- $- At June 30, 2017 Residential Construction Commercial (dollars in thousands) Real Estate Real Estate Real Estate Consumer Commercial Total Allowance for loan losses: Balance, end of period $3,230 $964 $7,068 $757 $3,519 $15,538 Ending Balance: individually evaluated for impairment $- $- $- $- $- $- Ending Balance: collectively evaluated for impairment $3,230 $964 $7,068 $757 $3,519 $15,538 Ending Balance: loans acquired with deteriorated credit quality $- $- $- $- $- $- Loans: Ending Balance: individually evaluated for impairment $- $- $- $- $- $- Ending Balance: collectively evaluated for impairment $438,981 $54,704 $592,427 $63,651 $243,369 $1,393,132 Ending Balance: loans acquired with deteriorated credit quality $3,482 $1,338 $11,495 $- $3,815 $20,130

Note 4_ Loans and Allowance f54

Note 4: Loans and Allowance for Loan Losses: Financing Receivable Credit Quality Indicators (Tables)	3 Months Ended
	Sep. 30, 2017
Tables/Schedules
Financing Receivable Credit Quality Indicators	September 30, 2017 Residential Construction Commercial (dollars in thousands) Real Estate Real Estate Real Estate Consumer Commercial Pass $444,649 $55,631 $620,048 $60,172 $259,658 Watch 1,806 - 8,628 126 1,798 Special Mention 148 - 937 30 78 Substandard 3,168 35 5,122 167 3,110 Doubtful - - - - 602 Total $449,771 $55,666 $634,735 $60,495 $265,246 June 30, 2017 Residential Construction Commercial (dollars in thousands) Real Estate Real Estate Real Estate Consumer Commercial Pass $438,222 $55,825 $588,385 $63,320 $240,864 Watch 772 - 9,253 123 2,003 Special Mention 148 - 926 30 84 Substandard 3,321 217 5,358 178 3,631 Doubtful - - - - 602 Total $442,463 $56,042 $603,922 $63,651 $247,184

Note 4_ Loans and Allowance f55

Note 4: Loans and Allowance for Loan Losses: Schedule of Loan Portfolio Aging Analysis (Tables)	3 Months Ended
	Sep. 30, 2017
Tables/Schedules
Schedule of Loan Portfolio Aging Analysis	The following tables present the Company’s loan portfolio aging analysis (excluding loans in process and deferred loan fees) as of September 30, 2017 Greater Than Greater Than 90 30-59 Days 60-89 Days 90 Days Total Total Loans Days Past Due (dollars in thousands) Past Due Past Due Past Due Past Due Current Receivable and Accruing Real Estate Loans: Residential $1,780 $454 $438 $2,672 $447,099 $449,771 $- Construction - - - - 55,666 55,666 - Commercial 713 1,233 529 2,475 632,260 634,735 223 Consumer loans 380 9 212 601 59,894 60,495 76 Commercial loans 121 101 99 321 264,925 265,246 4 Total loans $2,994 $1,797 $1,278 $6,069 $1,459,844 $1,465,913 $303 June 30, 2017 Greater Than Greater Than 90 30-59 Days 60-89 Days 90 Days Total Total Loans Days Past Due (dollars in thousands) Past Due Past Due Past Due Past Due Current Receivable and Accruing Real Estate Loans: Residential $1,491 $148 $676 $2,315 $440,148 $442,463 $59 Construction 35 - - 35 56,007 56,042 - Commercial 700 - 711 1,411 602,511 603,922 - Consumer loans 216 16 134 366 63,285 63,651 13 Commercial loans 144 53 426 623 246,561 247,184 329 Total loans $2,586 $217 $1,947 $4,750 $1,408,512 $1,413,262 $401

Note 4_ Loans and Allowance f56

Note 4: Loans and Allowance for Loan Losses: Schedule of Impaired Loans (Tables)	3 Months Ended
	Sep. 30, 2017
Tables/Schedules
Schedule of Impaired Loans	September 30, 2017 Recorded Unpaid Principal Specific (dollars in thousands) Balance Balance Allowance Loans without a specific valuation allowance: Residential real estate $3,775 $4,433 $- Construction real estate 1,364 1,671 - Commercial real estate 14,492 16,354 - Consumer loans 1 1 - Commercial loans 4,218 4,857 - Loans with a specific valuation allowance: Residential real estate $- $- $- Construction real estate - - - Commercial real estate - - - Consumer loans - - - Commercial loans - - - Total: Residential real estate $3,775 $4,433 $- Construction real estate $1,364 $1,671 $- Commercial real estate $14,492 $16,354 $- Consumer loans $1 $1 $- Commercial loans $4,218 $4,857 $- June 30, 2017 Recorded Unpaid Principal Specific (dollars in thousands) Balance Balance Allowance Loans without a specific valuation allowance: Residential real estate $3,811 $4,486 $- Construction real estate 1,373 1,695 - Commercial real estate 14,935 16,834 - Consumer loans 1 1 - Commercial loans 4,302 4,990 - Loans with a specific valuation allowance: Residential real estate $- $- $- Construction real estate - - - Commercial real estate - - - Consumer loans - - - Commercial loans - - - Total: Residential real estate $3,811 $4,486 $- Construction real estate $1,373 $1,695 $- Commercial real estate $14,935 $16,834 $- Consumer loans $1 $1 $- Commercial loans $4,302 $4,990 $-

Note 4_ Loans and Allowance f57

Note 4: Loans and Allowance for Loan Losses: Schedule of Interest Income Recognized on Impaired Loans (Tables)	3 Months Ended
	Sep. 30, 2017
Tables/Schedules
Schedule of Interest Income Recognized on Impaired Loans	For the three-month period ended September 30, 2017 Average (dollars in thousands) Investment in Interest Income Impaired Loans Recognized Residential Real Estate $3,468 $67 Construction Real Estate 1,334 39 Commercial Real Estate 11,277 246 Consumer Loans - - Commercial Loans 3,801 58 Total Loans $19,880 $410 For the three-month period ended September 30, 2016 Average (dollars in thousands) Investment in Interest Income Impaired Loans Recognized Residential Real Estate $2,929 $30 Construction Real Estate 1,395 34 Commercial Real Estate 9,849 181 Consumer Loans - - Commercial Loans 1,026 19 Total Loans $15,199 $264

Note 4_ Loans and Allowance f58

Note 4: Loans and Allowance for Loan Losses: Schedule of Financing Receivables, Non Accrual Status (Tables)	3 Months Ended
	Sep. 30, 2017
Tables/Schedules
Schedule of Financing Receivables, Non Accrual Status	(dollars in thousands) September 30, 2017 June 30, 2017 Residential real estate $1,200 $1,263 Construction real estate 35 35 Commercial real estate 518 960 Consumer loans 148 158 Commercial loans 406 409 Total loans $2,307 $2,825

Note 4_ Loans and Allowance f59

Note 4: Loans and Allowance for Loan Losses: Schedule of Debtor Troubled Debt Restructuring, Current Period (Tables)	3 Months Ended
	Sep. 30, 2017
Tables/Schedules
Schedule of Debtor Troubled Debt Restructuring, Current Period	For the three-month periods ended September 30, 2017 September 30, 2016 Number of Recorded Number of Recorded (dollars in thousands) modifications Investment modifications Investment Residential real estate - $- - $- Construction real estate - - 1 37 Commercial real estate - - 3 1,970 Consumer loans - - - - Commercial loans - - 1 2 Total - $- 5 $2,009

Note 4_ Loans and Allowance f60

Note 4: Loans and Allowance for Loan Losses: Performing Loans Classified as Troubled Debt Restructuring Loans (Tables)	3 Months Ended
	Sep. 30, 2017
Tables/Schedules
Performing Loans Classified as Troubled Debt Restructuring Loans	September 30, 2017 June 30, 2017 Number of Recorded Number of Recorded (dollars in thousands) modifications Investment modifications Investment Residential real estate 10 $1,756 10 $1,756 Construction real estate - - - - Commercial real estate 13 5,153 13 5,206 Consumer loans - - - - Commercial loans 6 3,829 6 3,946 Total 29 $10,738 29 $10,908

Note 5_ Accounting For Certai61

Note 5: Accounting For Certain Loans Acquired in A Transfer: Schedule of Acquired Loans with Credit Deterioration (Tables)	3 Months Ended
	Sep. 30, 2017
Tables/Schedules
Schedule of Acquired Loans with Credit Deterioration	(dollars in thousands) September 30, 2017 June 30, 2017 Residential real estate $4,111 $4,158 Construction real estate 1,636 1,660 Commercial real estate 12,922 13,394 Consumer loans - - Commercial loans 4,425 4,502 Outstanding balance $23,094 $23,714 Carrying amount, net of fair value adjustment of $3,466 and $3,584 at September 30, 2017, and June 30, 2017, respectively $19,628 $20,130

Note 5_ Accounting For Certai62

Note 5: Accounting For Certain Loans Acquired in A Transfer: Schedule of Acquired Loans in Transfer Accretable Yield (Tables)	3 Months Ended
	Sep. 30, 2017
Tables/Schedules
Schedule of Acquired Loans in Transfer Accretable Yield	For the three-month period ended (dollars in thousands) September 30, 2017 September 30, 2016 Balance at beginning of period $609 $656 Additions - - Accretion (78) (82) Reclassification from nonaccretable difference 89 66 Disposals - - Balance at end of period $620 $640

Note 6_ Deposits_ Schedule of D

Note 6: Deposits: Schedule of Deposit Liabilities (Tables)	3 Months Ended
	Sep. 30, 2017
Tables/Schedules
Schedule of Deposit Liabilities	(dollars in thousands) September 30, 2017 June 30, 2017 Non-interest bearing accounts $194,747 $186,203 NOW accounts 494,313 479,488 Money market deposit accounts 109,870 105,599 Savings accounts 143,864 147,247 Certificates 528,896 537,060 Total Deposit Accounts $1,471,690 $1,455,597

Note 7_ Earnings Per Share_ Sch

Note 7: Earnings Per Share: Schedule of Earnings Per Share, Basic and Diluted (Tables)	3 Months Ended
	Sep. 30, 2017
Tables/Schedules
Schedule of Earnings Per Share, Basic and Diluted	Three months ended September 30, 2017 2016 (dollars in thousands except per share data) Net income available to common shareholders $4,862 $3,709 Average Common shares – outstanding basic 8,591,363 7,436,914 Stock options under treasury stock method 28,799 30,556 Average Common shares – outstanding diluted 8,620,162 7,467,470 Basic earnings per common share $0.57 $0.50 Diluted earnings per common share $0.56 $0.50

Note 8_ Income Taxes_ Schedule

Note 8: Income Taxes: Schedule of Effective Income Tax Rate Reconciliation (Tables)	3 Months Ended
	Sep. 30, 2017
Tables/Schedules
Schedule of Effective Income Tax Rate Reconciliation	For the three-month period ended (dollars in thousands) September 30, 2017 September 30, 2016 Income taxes Current $1,883 $117 Deferred 6 1,241 Total income tax provision $1,889 $1,358

Note 8_ Income Taxes_ Schedul66

Note 8: Income Taxes: Schedule of Deferred Tax Assets and Liabilities (Tables)	3 Months Ended
	Sep. 30, 2017
Tables/Schedules
Schedule of Deferred Tax Assets and Liabilities	(dollars in thousands) September 30, 2017 June 30, 2017 Deferred tax assets: Provision for losses on loans $5,706 $5,563 Accrued compensation and benefits 822 1,068 Other-than-temporary impairment on available for sale securities 122 128 NOL carry forwards acquired 475 513 Minimum Tax Credit 130 130 Unrealized loss on other real estate 127 131 Total deferred tax assets 7,382 7,533 Deferred tax liabilities: Purchase accounting adjustments 1,145 1,193 Depreciation 2,658 2,734 FHLB stock dividends 197 203 Prepaid expenses 171 213 Unrealized gain on available for sale securities 307 295 Other 1,018 991 Total deferred tax liabilities 5,497 5,629 Net deferred tax asset $1,885 $1,904

Note 8_ Income Taxes_ Schedul67

Note 8: Income Taxes: Schedule of Reconciliation of Income Tax Expense at the Statutory Rate to Actual Income Tax (Tables)	3 Months Ended
	Sep. 30, 2017
Tables/Schedules
Schedule of Reconciliation of Income Tax Expense at the Statutory Rate to Actual Income Tax	For the three-month period ended (dollars in thousands) September 30, 2017 September 30, 2016 Tax at statutory rate $ 2,363 $ 1,773 Increase (reduction) in taxes resulting from: Nontaxable municipal income (139) (132) State tax, net of Federal benefit 96 47 Cash surrender value of Bank-owned life insurance (82) (74) Tax credit benefits (224) (93) Other, net (125) (163) Actual provision $ 1,889 $ 1,358

Note 11_ Fair Value Measureme68

Note 11: Fair Value Measurements: Fair Value, Assets Measured on Recurring Basis (Tables)	3 Months Ended
	Sep. 30, 2017
Tables/Schedules
Fair Value, Assets Measured on Recurring Basis	Fair Value Measurements at September 30, 2017 Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs (dollars in thousands) Fair Value (Level 1) (Level 2) (Level 3) U.S. government sponsored enterprises (GSEs) $10,444 $- $10,444 $- State and political subdivisions 52,933 - 52,933 - Other securities 5,734 - 5,734 - Mortgage-backed GSE residential 78,569 - 78,569 - Fair Value Measurements at June 30, 2017, Using: Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs (dollars in thousands) Fair Value (Level 1) (Level 2) (Level 3) U.S. government sponsored enterprises (GSEs) $10,438 $- $10,438 $- State and political subdivisions 49,978 - 49,978 - Other securities 5,725 - 5,725 - Mortgage-backed GSE residential 78,275 - 78,275 -

Note 11_ Fair Value Measureme69

Note 11: Fair Value Measurements: Fair Value Measurements, Nonrecurring (Tables)	3 Months Ended
	Sep. 30, 2017
Tables/Schedules
Fair Value Measurements, Nonrecurring	Fair Value Measurements at September 30, 2017 Quoted Prices in Active Markets for Significant Other Significant Identical Assets Observable Inputs Unobservable Inputs (dollars in thousands) Fair Value (Level 1) (Level 2) (Level 3) Foreclosed and repossessed assets held for sale $3,424 $- $- $3,424 Fair Value Measurements at June 30, 2017, Using: Quoted Prices in Active Markets for Significant Other Significant Identical Assets Observable Inputs Unobservable Inputs (dollars in thousands) Fair Value (Level 1) (Level 2) (Level 3) Foreclosed and repossessed assets held for sale $3,100 $- $- $3,100

Note 11_ Fair Value Measureme70

Note 11: Fair Value Measurements: Gains (Losses) Recognized on Assets Measured on a Nonrecurring Basis (Tables)	3 Months Ended
	Sep. 30, 2017
Tables/Schedules
Gains (Losses) Recognized on Assets Measured on a Nonrecurring Basis	For the three months ended (dollars in thousands) September 30, 2017 September 30, 2016 Foreclosed and repossessed assets held for sale $(6) $(143) Total (losses) gains on assets measured on a non-recurring basis $(6) $(143)

Note 11_ Fair Value Measureme71

Note 11: Fair Value Measurements: Fair Value Inputs, Assets, Quantitative Information (Tables)	3 Months Ended
	Sep. 30, 2017
Tables/Schedules
Fair Value Inputs, Assets, Quantitative Information	(dollars in thousands) Fair value at September 30, 2017 Valuation technique Unobservable inputs Range of inputs applied Weighted-average inputs applied Nonrecurring Measurements Foreclosed and repossessed assets $3,424 Third party appraisal Marketability discount 0.0% - 74.3% 39.1% (dollars in thousands) Fair value at Valuation technique Unobservable inputs Range of inputs applied Weighted-average inputs applied Nonrecurring Measurements Foreclosed and repossessed assets $3,100 Third party appraisal Marketability discount 0.0% - 66.4% 40.6%

Note 11_ Fair Value Measureme72

Note 11: Fair Value Measurements: Schedule of Financial Instruments (Tables)	3 Months Ended
	Sep. 30, 2017
Tables/Schedules
Schedule of Financial Instruments	September 30, 2017 Quoted Prices in Active Significant Markets for Significant Other Unobservable Carrying Identical Assets Observable Inputs Inputs (dollars in thousands) Amount (Level 1) (Level 2) (Level 3) Financial assets Cash and cash equivalents $25,102 $25,102 $- $- Interest-bearing time deposits 747 - 747 - Stock in FHLB 5,191 - 5,191 - Stock in Federal Reserve Bank of St. Louis 3,193 - 3,193 - Loans receivable, net 1,449,560 - - 1,449,091 Accrued interest receivable 8,305 - 8,305 - Financial liabilities Deposits 1,471,690 941,147 - 527,892 Securities sold under agreements to repurchase 6,627 - 6,627 - Advances from FHLB 84,654 66,100 18,660 - Accrued interest payable 995 - 995 - Subordinated debt 14,872 - - 11,871 Unrecognized financial instruments (net of contract amount) Commitments to originate loans - - - - Letters of credit - - - - Lines of credit - - - - June 30, 2017 Quoted Prices in Active Significant Markets for Significant Other Unobservable Carrying Identical Assets Observable Inputs Inputs (dollars in thousands) Amount (Level 1) (Level 2) (Level 3) Financial assets Cash and cash equivalents $30,786 $30,786 $- $- Interest-bearing time deposits 747 - 747 - Stock in FHLB 3,547 - 3,547 - Stock in Federal Reserve Bank of St. Louis 2,357 - 2,357 - Loans receivable, net 1,397,730 - - 1,394,164 Accrued interest receivable 6,769 - 6,769 - Financial liabilities Deposits 1,455,597 918,553 - 536,266 Securities sold under agreements to repurchase 10,212 - 10,212 - Advances from FHLB 43,637 20,000 23,781 - Accrued interest payable 918 - 918 - Subordinated debt 14,848 - - 11,984 Unrecognized financial instruments (net of contract amount) Commitments to originate loans - - - - Letters of credit - - - - Lines of credit - - - -

Note 2_ Organization and Summ73

Note 2: Organization and Summary of Significant Accounting Policies: Cash and Cash Equivalents, Policy (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Jun. 30, 2017
Details
Cash Due and Interest-Bearing Deposits in Other Depository Institutions	$ 1,700	$ 6,700

Note 2_ Organization and Summ74

Note 2: Organization and Summary of Significant Accounting Policies: Intangible Assets, Finite-Lived, Policy (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2017	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2017
Details
Finite-Lived Core Deposits, Gross	$ 9,200						$ 9,200
Finite-Lived Intangible Assets, Accumulated Amortization	4,100						3,800
Other Finite-Lived Intangible Assets, Gross	3,800						3,800
Gross Other Identifiable Intangibles Accumulated Amortization	3,800						3,800
FHLB Mortgage Servicing Rights	$ 1,300						$ 1,300
Core Deposits and Intangible Assets, Remaining Amortization Period	periods ranging from five to seven years
Finite-Lived Intangible Assets, Amortization Expense, Remainder of Fiscal Year		$ 482	$ 523	$ 982	$ 1,100	$ 1,000
Finite-Lived Intangible Assets, Amortization Expense, after Year Five		$ 963

Note 3_ Securities_ Schedule 75

Note 3: Securities: Schedule of Available for Sale Securities (Details) - Investment and mortgage backed securities - USD ($) $ in Thousands	Sep. 30, 2017	Jun. 30, 2017
Available-for-sale Securities, Amortized Cost Basis	$ 146,827	$ 143,597
Available for sale Securities Gross Unrealized Gain	1,806	1,859
Available For Sale Securities Gross Unrealized Losses	(953)	(1,040)
Available-for-sale Securities Estimated Fair Value	147,680	144,416
US Government-sponsored Enterprises Debt Securities
Available-for-sale Securities, Amortized Cost Basis	10,443	10,433
Available for sale Securities Gross Unrealized Gain	16	17
Available For Sale Securities Gross Unrealized Losses	(15)	(12)
Available-for-sale Securities Estimated Fair Value	10,444	10,438
US States and Political Subdivisions Debt Securities
Available-for-sale Securities, Amortized Cost Basis	52,074	49,059
Available for sale Securities Gross Unrealized Gain	980	1,046
Available For Sale Securities Gross Unrealized Losses	(121)	(127)
Available-for-sale Securities Estimated Fair Value	52,933	49,978
Other Securities
Available-for-sale Securities, Amortized Cost Basis	5,961	6,017
Available for sale Securities Gross Unrealized Gain	315	306
Available For Sale Securities Gross Unrealized Losses	(542)	(598)
Available-for-sale Securities Estimated Fair Value	5,734	5,725
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises
Available-for-sale Securities, Amortized Cost Basis	78,349	78,088
Available for sale Securities Gross Unrealized Gain	495	490
Available For Sale Securities Gross Unrealized Losses	(275)	(303)
Available-for-sale Securities Estimated Fair Value	$ 78,569	$ 78,275

Note 3_ Securities_ Contractu76

Note 3: Securities: Contractual Obligation, Fiscal Year Maturity Schedule (Details) $ in Thousands	Sep. 30, 2017USD ($)
Details
Available-for-sale Securities, Debt Maturities, Next Twelve Months, Amortized Cost Basis	$ 3,994
Available-for-sale Securities, Debt Maturities, Next Twelve Months, Fair Value	4,007
Available-for-sale Securities, Debt Maturities, Year Two Through Five, Amortized Cost Basis	16,851
Available-for-sale Securities, Debt Maturities, Year Two Through Five, Fair Value	16,987
Available-for-sale Securities, Debt Maturities, Year Six Through Ten, Amortized Cost Basis	14,920
Available-for-sale Securities, Debt Maturities, Year Six Through Ten, Fair Value	15,055
Available-for-sale Securities, Debt Maturities, after Ten Years, Amortized Cost Basis	32,713
Available-for-sale Securities, Debt Maturities, after Ten Years, Fair Value	33,062
Debt and equity securities amortized cost	68,478
Debt and equity securities fair value	69,111
Mortgage-backed securities GSE residential amortized cost	78,349
Mortgage-backed securities GSE residential fair value	78,569
Available-for-sale Securities, Debt Maturities, without Single Maturity Date, Amortized Cost Basis	146,827
Available-for-sale Securities, Debt Maturities, without Single Maturity Date, Fair Value	$ 147,680

Note 3_ Securities_ Repurchas77

Note 3: Securities: Repurchase Agreements, Collateral, Policy (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Jun. 30, 2017
Assets Sold under Agreements to Repurchase, Carrying Amount	$ 107,800	$ 114,100
US Government and Federal Agency Obligations
Assets Sold under Agreements to Repurchase, Carrying Amount	7,400	6,500
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises
Assets Sold under Agreements to Repurchase, Carrying Amount	44,400	50,500
Collateralized Mortgage Obligations
Assets Sold under Agreements to Repurchase, Carrying Amount	17,300	19,900
US States and Political Subdivisions Debt Securities
Assets Sold under Agreements to Repurchase, Carrying Amount	38,300	36,800
Other Securities
Assets Sold under Agreements to Repurchase, Carrying Amount	$ 400	$ 400

Note 3_ Securities_ Available78

Note 3: Securities: Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Jun. 30, 2017
Investment and mortgage backed securities
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	$ 27,957	$ 48,634
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	263	406
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	17,788	3,701
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	690	634
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	45,745	52,335
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	953	1,040
US Government-sponsored Enterprises Debt Securities
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	3,482
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	15
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	0
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	0
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	3,482
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	15
US States and Political Subdivisions Debt Securities
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	5,103	12,341
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	48	127
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	6,683	256
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	73	0
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	11,786	12,597
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	121	127
Other Debt Obligations
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	56	0
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	0	0
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	1,206	1,160
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	542	598
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	1,262	1,160
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	542	598
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	19,316	29,836
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	200	267
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	9,899	2,285
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	75	36
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	29,215	32,121
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	$ 275	$ 303

Note 3_ Securities_ Other Sec79

Note 3: Securities: Other Securities Policy: Pooled Trust Preferred Securities (Details) $ / shares in Units, $ in Thousands	Sep. 30, 2017USD ($)$ / shares
Details
Number of Pooled Trust Preferred Securities | $ / shares	$ 3
Fair Value of Pooled Trust Preferred Securities Held	$ 874
Unrealized Losses on Pooled Trust Preferred Securities in a Continuous Unrealized Loss Position for 12 Months or More	$ 536

Note 3_ Securities_ Other tha80

Note 3: Securities: Other than Temporary Impairment, Credit Losses Recognized in Earnings (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Other than Temporary Impairment, Credit Losses Recognized in Earnings, Additions, Additional Credit Losses	$ 0	$ 0
Other than Temporary Impairment, Credit Losses Recognized in Earnings, Reductions, Securities Sold	0	0
Other than Temporary Impairment, Credit Losses Recognized in Earnings, Reductions, Change in Status	0	0
Other than temporary impairment credit losses additions related to increases in previously recognized losses	0	0
Other than Temporary Impairment, Credit Losses Recognized in Earnings, Reductions, Cash Flows	(3)	(3)
Beginning of period
Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held	340	352
End of period
Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held	$ 337	$ 349

Note 4_ Loans and Allowance f81

Note 4: Loans and Allowance for Loan Losses: Schedule of Accounts, Notes, Loans and Financing Receivable (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Jun. 30, 2017
Loans Receivable, Net	$ 1,449,560	$ 1,397,730
Consumer Loan
Loans Receivable, Net	60,495	63,651
Commercial Loan
Loans Receivable, Net	265,246	247,184
Loans Receivable Gross
Loans Receivable, Net	1,519,587	1,464,002
Loans in process
Loans Receivable, Net	(53,674)	(50,740)
Deferred loan fees, net
Loans Receivable, Net	4	6
Allowance for Loan and Lease Losses
Loans Receivable, Net	(16,357)	(15,538)
Loans Receivable Net
Loans Receivable, Net	1,449,560	1,397,730
Residential Mortgage
Loans Receivable, Net	449,771	442,463
Construction Real Estate
Loans Receivable, Net	109,340	106,782
Commercial Real Estate
Loans Receivable, Net	$ 634,735	$ 603,922

Note 4_ Loans and Allowance f82

Note 4: Loans and Allowance for Loan Losses: Construction Lending Policy: Construction Loans Modified for other than TDR (Details) - Construction Loans - USD ($) $ / shares in Units, $ in Thousands	Sep. 30, 2017	Jun. 30, 2017
Number of Loans Modified for Other Than TDR	$ 52	$ 50
Amount of Loans Modified for Other Than TDR	$ 9,200	$ 10,300

Note 4_ Loans and Allowance f83

Note 4: Loans and Allowance for Loan Losses: Schedule of balance in the allowance for loan losses and recorded investment (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Sep. 30, 2017	Sep. 30, 2016
Residential Mortgage
Provision for Loan Losses Expensed		$ 93	$ 0
Allowance for Loan and Lease Losses, Write-offs		(23)	(97)
Allowance for Doubtful Accounts Receivable, Recoveries		0	3
Residential Mortgage | Beginning of period
Allowance for loan losses	$ 3,230	3,230	3,247
Residential Mortgage | End of period
Allowance for loan losses		3,300	3,153
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	0	0
Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment	3,230	3,300
Financing Receivables Allowance for Credit Losses Acquired with Deteriorated Credit Quality	0	0
Financing Receivable, Individually Evaluated for Impairment	0	0	0
Financing Receivable, Collectively Evaluated for Impairment	438,981	446,317	3,153
Financing Receivables Acquired with Deteriorated Credit Quality	3,482	3,454	0
Construction Loan Payable
Provision for Loan Losses Expensed		1	30
Allowance for Loan and Lease Losses, Write-offs		0	0
Allowance for Doubtful Accounts Receivable, Recoveries		0	0
Construction Loan Payable | Beginning of period
Allowance for loan losses	964	964	1,091
Construction Loan Payable | End of period
Allowance for loan losses		965	1,121
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	0	0
Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment	964	965
Financing Receivables Allowance for Credit Losses Acquired with Deteriorated Credit Quality	0	0
Financing Receivable, Individually Evaluated for Impairment	0	0	0
Financing Receivable, Collectively Evaluated for Impairment	54,704	54,337	1,121
Financing Receivables Acquired with Deteriorated Credit Quality	1,338	1,329	0
Commercial Real Estate
Provision for Loan Losses Expensed		581	659
Allowance for Loan and Lease Losses, Write-offs		0	0
Allowance for Doubtful Accounts Receivable, Recoveries		0	0
Commercial Real Estate | Beginning of period
Allowance for loan losses	7,068	7,068	5,711
Commercial Real Estate | End of period
Allowance for loan losses		7,649	6,370
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	0	0
Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment	7,068	7,649
Financing Receivables Allowance for Credit Losses Acquired with Deteriorated Credit Quality	0	0
Financing Receivable, Individually Evaluated for Impairment	0	0	0
Financing Receivable, Collectively Evaluated for Impairment	592,427	623,676	6,370
Financing Receivables Acquired with Deteriorated Credit Quality	11,495	11,059	0
Consumer Loan
Provision for Loan Losses Expensed		84	0
Allowance for Loan and Lease Losses, Write-offs		(29)	(4)
Allowance for Doubtful Accounts Receivable, Recoveries		3	4
Consumer Loan | Beginning of period
Allowance for loan losses	757	757	738
Consumer Loan | End of period
Allowance for loan losses		815	738
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	0	0
Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment	757	815
Financing Receivables Allowance for Credit Losses Acquired with Deteriorated Credit Quality	0	0
Financing Receivable, Individually Evaluated for Impairment	0	0	0
Financing Receivable, Collectively Evaluated for Impairment	63,651	60,495	738
Financing Receivables Acquired with Deteriorated Credit Quality	0	0	0
Commercial Loan
Provision for Loan Losses Expensed		109	236
Allowance for Loan and Lease Losses, Write-offs		0	(168)
Allowance for Doubtful Accounts Receivable, Recoveries		0	2
Commercial Loan | Beginning of period
Allowance for loan losses	3,519	3,519	3,004
Commercial Loan | End of period
Allowance for loan losses		3,628	3,074
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	0	0
Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment	3,519	3,628
Financing Receivables Allowance for Credit Losses Acquired with Deteriorated Credit Quality	0	0
Financing Receivable, Individually Evaluated for Impairment	0	0	0
Financing Receivable, Collectively Evaluated for Impairment	243,369	261,460	3,074
Financing Receivables Acquired with Deteriorated Credit Quality	3,815	3,786	0
Total loans
Provision for Loan Losses Expensed		868	925
Allowance for Loan and Lease Losses, Write-offs		(52)	(269)
Allowance for Doubtful Accounts Receivable, Recoveries		3	9
Total loans | Beginning of period
Allowance for loan losses	15,538	15,538	13,791
Total loans | End of period
Allowance for loan losses		16,357	14,456
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	0	0
Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment	15,538	16,357
Financing Receivables Allowance for Credit Losses Acquired with Deteriorated Credit Quality	0	0
Financing Receivable, Individually Evaluated for Impairment	0	0	0
Financing Receivable, Collectively Evaluated for Impairment	1,393,132	1,446,285	14,456
Financing Receivables Acquired with Deteriorated Credit Quality	$ 20,130	$ 19,628	$ 0

Note 4_ Loans and Allowance f84

Note 4: Loans and Allowance for Loan Losses: Financing Receivable Credit Quality Indicators (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Jun. 30, 2017
Residential Mortgage | Pass
Financing Receivable Credit Quality Indicators	$ 444,649	$ 438,222
Residential Mortgage | Watch
Financing Receivable Credit Quality Indicators	1,806	772
Residential Mortgage | Special Mention
Financing Receivable Credit Quality Indicators	148	148
Residential Mortgage | Substandard
Financing Receivable Credit Quality Indicators	3,168	3,321
Residential Mortgage | Doubtful
Financing Receivable Credit Quality Indicators	0	0
Residential Mortgage | Total by Credit Quality Indicator
Financing Receivable Credit Quality Indicators	449,771	442,463
Construction Loan Payable | Pass
Financing Receivable Credit Quality Indicators	55,631	55,825
Construction Loan Payable | Watch
Financing Receivable Credit Quality Indicators	0	0
Construction Loan Payable | Special Mention
Financing Receivable Credit Quality Indicators	0	0
Construction Loan Payable | Substandard
Financing Receivable Credit Quality Indicators	35	217
Construction Loan Payable | Doubtful
Financing Receivable Credit Quality Indicators	0	0
Construction Loan Payable | Total by Credit Quality Indicator
Financing Receivable Credit Quality Indicators	55,666	56,042
Commercial Real Estate | Pass
Financing Receivable Credit Quality Indicators	620,048	588,385
Commercial Real Estate | Watch
Financing Receivable Credit Quality Indicators	8,628	9,253
Commercial Real Estate | Special Mention
Financing Receivable Credit Quality Indicators	937	926
Commercial Real Estate | Substandard
Financing Receivable Credit Quality Indicators	5,122	5,358
Commercial Real Estate | Doubtful
Financing Receivable Credit Quality Indicators	0	0
Commercial Real Estate | Total by Credit Quality Indicator
Financing Receivable Credit Quality Indicators	634,735	603,922
Consumer Loan | Pass
Financing Receivable Credit Quality Indicators	60,172	63,320
Consumer Loan | Watch
Financing Receivable Credit Quality Indicators	126	123
Consumer Loan | Special Mention
Financing Receivable Credit Quality Indicators	30	30
Consumer Loan | Substandard
Financing Receivable Credit Quality Indicators	167	178
Consumer Loan | Doubtful
Financing Receivable Credit Quality Indicators	0	0
Consumer Loan | Total by Credit Quality Indicator
Financing Receivable Credit Quality Indicators	60,495	63,651
Commercial Loan | Pass
Financing Receivable Credit Quality Indicators	259,658	240,864
Commercial Loan | Watch
Financing Receivable Credit Quality Indicators	1,798	2,003
Commercial Loan | Special Mention
Financing Receivable Credit Quality Indicators	78	84
Commercial Loan | Substandard
Financing Receivable Credit Quality Indicators	3,110	3,631
Commercial Loan | Doubtful
Financing Receivable Credit Quality Indicators	602	602
Commercial Loan | Total by Credit Quality Indicator
Financing Receivable Credit Quality Indicators	$ 265,246	$ 247,184

Note 4_ Loans and Allowance f85

Note 4: Loans and Allowance for Loan Losses: Purchased Credit Impaired Loans Credit Quality Indicators (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Jun. 30, 2017
Pass
Purchased Credit Impaired Loans	$ 10,200	$ 10,200
Watch
Purchased Credit Impaired Loans	4,500	5,000
Special Mention
Purchased Credit Impaired Loans	0
Substandard
Purchased Credit Impaired Loans	4,900	4,900
Doubtful
Purchased Credit Impaired Loans	$ 0	$ 0

Note 4_ Loans and Allowance f86

Note 4: Loans and Allowance for Loan Losses (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2017	Jun. 30, 2017
Financing Receivable, Credit Quality, Additional Information	lending relationships of $1 million or more, exclusive of any consumer or owner-occupied residential loan, are subject to an annual credit analysis which is prepared by the loan administration department and presented to a loan committee with appropriate lending authority. A sample of lending relationships in excess of $2.5 million are subject to an independent loan review annually, in order to verify risk ratings
Loans without a specific valuation allowance
Purchased Credit Impaired Loans	$ 19,600	$ 20,100

Note 4_ Loans and Allowance f87

Note 4: Loans and Allowance for Loan Losses: Schedule of Loan Portfolio Aging Analysis (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Jun. 30, 2017
Financing Receivables, 30 to 59 Days Past Due | Residential Mortgage
Financing Receivable Recorded Investment	$ 1,780	$ 1,491
Financing Receivables, 30 to 59 Days Past Due | Construction Loan Payable
Financing Receivable Recorded Investment	0	35
Financing Receivables, 30 to 59 Days Past Due | Commercial Real Estate
Financing Receivable Recorded Investment	713	700
Financing Receivables, 30 to 59 Days Past Due | Consumer Loan
Financing Receivable Recorded Investment	380	216
Financing Receivables, 30 to 59 Days Past Due | Commercial Loan
Financing Receivable Recorded Investment	121	144
Financing Receivables, 30 to 59 Days Past Due | Total loans
Financing Receivable Recorded Investment	2,994	2,586
Financing Receivables, 60 to 89 Days Past Due | Residential Mortgage
Financing Receivable Recorded Investment	454	148
Financing Receivables, 60 to 89 Days Past Due | Construction Loan Payable
Financing Receivable Recorded Investment	0	0
Financing Receivables, 60 to 89 Days Past Due | Commercial Real Estate
Financing Receivable Recorded Investment	1,233	0
Financing Receivables, 60 to 89 Days Past Due | Consumer Loan
Financing Receivable Recorded Investment	9	16
Financing Receivables, 60 to 89 Days Past Due | Commercial Loan
Financing Receivable Recorded Investment	101	53
Financing Receivables, 60 to 89 Days Past Due | Total loans
Financing Receivable Recorded Investment	1,797	217
Financing Receivables, Equal to Greater than 90 Days Past Due | Residential Mortgage
Financing Receivable Recorded Investment	438	676
Financing Receivables, Equal to Greater than 90 Days Past Due | Construction Loan Payable
Financing Receivable Recorded Investment	0	0
Financing Receivables, Equal to Greater than 90 Days Past Due | Commercial Real Estate
Financing Receivable Recorded Investment	529	711
Financing Receivables, Equal to Greater than 90 Days Past Due | Consumer Loan
Financing Receivable Recorded Investment	212	134
Financing Receivables, Equal to Greater than 90 Days Past Due | Commercial Loan
Financing Receivable Recorded Investment	99	426
Financing Receivables, Equal to Greater than 90 Days Past Due | Total loans
Financing Receivable Recorded Investment	1,278	1,947
Nonperforming Financial Instruments | Residential Mortgage
Financing Receivable Recorded Investment	2,672	2,315
Nonperforming Financial Instruments | Construction Loan Payable
Financing Receivable Recorded Investment	0	35
Nonperforming Financial Instruments | Commercial Real Estate
Financing Receivable Recorded Investment	2,475	1,411
Nonperforming Financial Instruments | Consumer Loan
Financing Receivable Recorded Investment	601	366
Nonperforming Financial Instruments | Commercial Loan
Financing Receivable Recorded Investment	321	623
Nonperforming Financial Instruments | Total loans
Financing Receivable Recorded Investment	6,069	4,750
Financing Receivables Current | Residential Mortgage
Financing Receivable Recorded Investment	447,099	440,148
Financing Receivables Current | Construction Loan Payable
Financing Receivable Recorded Investment	55,666	56,007
Financing Receivables Current | Commercial Real Estate
Financing Receivable Recorded Investment	632,260	602,511
Financing Receivables Current | Consumer Loan
Financing Receivable Recorded Investment	59,894	63,285
Financing Receivables Current | Commercial Loan
Financing Receivable Recorded Investment	264,925	246,561
Financing Receivables Current | Total loans
Financing Receivable Recorded Investment	1,459,844	1,408,512
Performing Financial Instruments | Residential Mortgage
Financing Receivable Recorded Investment	449,771	442,463
Performing Financial Instruments | Construction Loan Payable
Financing Receivable Recorded Investment	55,666	56,042
Performing Financial Instruments | Commercial Real Estate
Financing Receivable Recorded Investment	634,735	603,922
Performing Financial Instruments | Consumer Loan
Financing Receivable Recorded Investment	60,495	63,651
Performing Financial Instruments | Commercial Loan
Financing Receivable Recorded Investment	265,246	247,184
Performing Financial Instruments | Total loans
Financing Receivable Recorded Investment	1,465,913	1,413,262
Financing Receivables Greater Than 90 Days Past Due and Still Accruing | Residential Mortgage
Financing Receivable Recorded Investment	0	59
Financing Receivables Greater Than 90 Days Past Due and Still Accruing | Construction Loan Payable
Financing Receivable Recorded Investment	0	0
Financing Receivables Greater Than 90 Days Past Due and Still Accruing | Commercial Real Estate
Financing Receivable Recorded Investment	223	0
Financing Receivables Greater Than 90 Days Past Due and Still Accruing | Consumer Loan
Financing Receivable Recorded Investment	76	13
Financing Receivables Greater Than 90 Days Past Due and Still Accruing | Commercial Loan
Financing Receivable Recorded Investment	4	329
Financing Receivables Greater Than 90 Days Past Due and Still Accruing | Total loans
Financing Receivable Recorded Investment	$ 303	$ 401

Note 4_ Loans and Allowance f88

Note 4: Loans and Allowance for Loan Losses: Schedule of Impaired Loans (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Jun. 30, 2017
Consumer Loan
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	$ 1	$ 1
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance	1	1
Impaired Financing Receivable With No Related Allowance Specific Allowance	0	0
Impaired Financing Receivable, with Related Allowance, Recorded Investment	0	0
Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance	0	0
Impaired Financing Receivable With Related Allowance Specific Allowance	0	0
Impaired Financing Receivable With and Without Related Allowance Recorded Investment	1	1
Impaired Financial Receivable With and Without Related Allowance Unpaid Principal Balance	1	1
Impaired Financing Receivable With and Without Related Allowance Specific Allowance	0	0
Commercial Loan
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	4,218	4,302
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance	4,857	4,990
Impaired Financing Receivable With No Related Allowance Specific Allowance	0	0
Impaired Financing Receivable, with Related Allowance, Recorded Investment	0	0
Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance	0	0
Impaired Financing Receivable With Related Allowance Specific Allowance	0	0
Impaired Financing Receivable With and Without Related Allowance Recorded Investment	4,218	4,302
Impaired Financial Receivable With and Without Related Allowance Unpaid Principal Balance	4,857	4,990
Impaired Financing Receivable With and Without Related Allowance Specific Allowance	0	0
Residential Mortgage
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	3,775	3,811
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance	4,433	4,486
Impaired Financing Receivable With No Related Allowance Specific Allowance	0	0
Impaired Financing Receivable, with Related Allowance, Recorded Investment	0	0
Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance	0	0
Impaired Financing Receivable With Related Allowance Specific Allowance	0	0
Impaired Financing Receivable With and Without Related Allowance Recorded Investment	3,775	3,811
Impaired Financial Receivable With and Without Related Allowance Unpaid Principal Balance	4,433	4,486
Impaired Financing Receivable With and Without Related Allowance Specific Allowance	0	0
Construction Real Estate
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	1,364	1,373
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance	1,671	1,695
Impaired Financing Receivable With No Related Allowance Specific Allowance	0	0
Impaired Financing Receivable, with Related Allowance, Recorded Investment	0	0
Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance	0	0
Impaired Financing Receivable With Related Allowance Specific Allowance	0	0
Impaired Financing Receivable With and Without Related Allowance Recorded Investment	1,364	1,373
Impaired Financial Receivable With and Without Related Allowance Unpaid Principal Balance	1,671	1,695
Impaired Financing Receivable With and Without Related Allowance Specific Allowance	0	0
Commercial Real Estate
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	14,492	14,935
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance	16,354	16,834
Impaired Financing Receivable With No Related Allowance Specific Allowance	0	0
Impaired Financing Receivable, with Related Allowance, Recorded Investment	0	0
Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance	0	0
Impaired Financing Receivable With Related Allowance Specific Allowance	0	0
Impaired Financing Receivable With and Without Related Allowance Recorded Investment	14,492	14,935
Impaired Financial Receivable With and Without Related Allowance Unpaid Principal Balance	16,354	16,834
Impaired Financing Receivable With and Without Related Allowance Specific Allowance	$ 0	$ 0

Note 4_ Loans and Allowance f89

Note 4: Loans and Allowance for Loan Losses: Schedule of Interest Income Recognized on Impaired Loans (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Residential Mortgage
Impaired Financing Receivable, Average Recorded Investment	$ 3,468	$ 2,929
Impaired Financing Receivable Interest Income Recognized	67	30
Construction Real Estate
Impaired Financing Receivable, Average Recorded Investment	1,334	1,395
Impaired Financing Receivable Interest Income Recognized	39	34
Commercial Real Estate
Impaired Financing Receivable, Average Recorded Investment	11,277	9,849
Impaired Financing Receivable Interest Income Recognized	246	181
Consumer Loan
Impaired Financing Receivable, Average Recorded Investment	0	0
Impaired Financing Receivable Interest Income Recognized	0	0
Commercial Loan
Impaired Financing Receivable, Average Recorded Investment	3,801	1,026
Impaired Financing Receivable Interest Income Recognized	58	19
Total loans
Impaired Financing Receivable, Average Recorded Investment	19,880	15,199
Impaired Financing Receivable Interest Income Recognized	$ 410	$ 264

Note 4_ Loans and Allowance f90

Note 4: Loans and Allowance for Loan Losses: Loans and Leases Receivable Impaired Interest Income Recognized Change in Present Value Attributable to Passage of Time (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Details
Loans and Leases Receivable, Impaired, Interest Income Recognized, Change in Present Value Attributable to Passage of Time	$ 78	$ 82

Note 4_ Loans and Allowance f91

Note 4: Loans and Allowance for Loan Losses: Schedule of Financing Receivables, Non Accrual Status (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Jun. 30, 2017
Construction Real Estate
Loans and Leases Receivable, Nonperforming, Nonaccrual of Interest	$ 35	$ 35
Commercial Real Estate
Loans and Leases Receivable, Nonperforming, Nonaccrual of Interest	518	960
Consumer Loan
Loans and Leases Receivable, Nonperforming, Nonaccrual of Interest	148	158
Commercial Loan
Loans and Leases Receivable, Nonperforming, Nonaccrual of Interest	406	409
Total loans
Loans and Leases Receivable, Nonperforming, Nonaccrual of Interest	$ 2,307	$ 2,825

Note 4_ Loans and Allowance f92

Note 4: Loans and Allowance for Loan Losses: Purchased Credit Impaired Loans Nonaccrual (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Jun. 30, 2017
Included in Nonaccrual Loans
Purchased Credit Impaired Loans	$ 0	$ 0

Note 4_ Loans and Allowance f93

Note 4: Loans and Allowance for Loan Losses: Schedule of Debtor Troubled Debt Restructuring, Current Period (Details) $ in Thousands	3 Months Ended
	Sep. 30, 2017USD ($)	Sep. 30, 2016USD ($)
Residential Mortgage
Financing Receivable, Modifications, Number of Contracts	0	0
Financing Receivable, Modifications, Pre-Modification Recorded Investment	$ 0	$ 0
Construction Real Estate
Financing Receivable, Modifications, Number of Contracts	0	1
Financing Receivable, Modifications, Pre-Modification Recorded Investment	$ 0	$ 37
Commercial Real Estate
Financing Receivable, Modifications, Number of Contracts	0	3
Financing Receivable, Modifications, Pre-Modification Recorded Investment	$ 0	$ 1,970
Consumer Loan
Financing Receivable, Modifications, Number of Contracts	0	0
Financing Receivable, Modifications, Pre-Modification Recorded Investment	$ 0	$ 0
Commercial Loan
Financing Receivable, Modifications, Number of Contracts	0	1
Financing Receivable, Modifications, Pre-Modification Recorded Investment	$ 0	$ 2
Total loans
Financing Receivable, Modifications, Number of Contracts	0	5
Financing Receivable, Modifications, Pre-Modification Recorded Investment	$ 0	$ 2,009

Note 4_ Loans and Allowance f94

Note 4: Loans and Allowance for Loan Losses: Performing Loans Classified as Troubled Debt Restructuring Loans (Details) $ in Thousands	3 Months Ended	12 Months Ended
	Sep. 30, 2017USD ($)	Jun. 30, 2017USD ($)
Residential Mortgage
Troubled Debt Restructuring Performing Loans, Number	10	10
Construction Real Estate
Troubled Debt Restructuring Performing Loans, Number	0	0
Commercial Real Estate
Troubled Debt Restructuring Performing Loans, Number	13	13
Consumer Loan
Troubled Debt Restructuring Performing Loans, Number	0	0
Commercial Loan
Troubled Debt Restructuring Performing Loans, Number	6	6
Total loans
Troubled Debt Restructuring Performing Loans, Number	29	29
Performing Financial Instruments | Residential Mortgage
Financing Receivable, Modifications, Post-Modification Recorded Investment	$ 1,756	$ 1,756
Performing Financial Instruments | Construction Real Estate
Financing Receivable, Modifications, Post-Modification Recorded Investment	0	0
Performing Financial Instruments | Commercial Real Estate
Financing Receivable, Modifications, Post-Modification Recorded Investment	5,153	5,206
Performing Financial Instruments | Consumer Loan
Financing Receivable, Modifications, Post-Modification Recorded Investment	0	0
Performing Financial Instruments | Commercial Loan
Financing Receivable, Modifications, Post-Modification Recorded Investment	3,829	3,946
Performing Financial Instruments | Total loans
Financing Receivable, Modifications, Post-Modification Recorded Investment	$ 10,738	$ 10,908

Note 5_ Accounting For Certai95

Note 5: Accounting For Certain Loans Acquired in A Transfer: Schedule of Acquired Loans with Credit Deterioration (Details) - USD ($) $ in Thousands		Sep. 30, 2017	Jun. 30, 2017
Construction Real Estate
Certain Loans and Debt Securities Acquired in Transfer, Allowance for Credit Losses Due to Subsequent Impairment		$ 1,636	$ 1,660
Commercial Real Estate
Certain Loans and Debt Securities Acquired in Transfer, Allowance for Credit Losses Due to Subsequent Impairment		12,922	13,394
Consumer Loan
Certain Loans and Debt Securities Acquired in Transfer, Allowance for Credit Losses Due to Subsequent Impairment		0	0
Commercial Loan
Certain Loans and Debt Securities Acquired in Transfer, Allowance for Credit Losses Due to Subsequent Impairment		4,425	4,502
Outstanding balance
Certain Loans and Debt Securities Acquired in Transfer, Allowance for Credit Losses Due to Subsequent Impairment		23,094	23,714
Carrying Amount Of Acquired Loans Net
Certain Loans and Debt Securities Acquired in Transfer, Allowance for Credit Losses Due to Subsequent Impairment	[1]	19,628	20,130
Residential Mortgage
Certain Loans and Debt Securities Acquired in Transfer, Allowance for Credit Losses Due to Subsequent Impairment		$ 4,111	$ 4,158
[1]	Fair value adjustment of $2,130 and 2,347 at March 31, 2017 and June 30, 2016, respectively.

Note 5_ Accounting For Certai96

Note 5: Accounting For Certain Loans Acquired in A Transfer: Schedule of Acquired Loans in Transfer Accretable Yield (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Certain Loans Acquired In Transfer Accretable Yield Additions	$ 0	$ 0
Certain Loans Acquired In Transfer Accretable Yield Accretion	(78)	(82)
Certain Loans Acquired In Transfer Accretable Yield Reclassification from Nonaccretable Difference	89	66
Certain Loans Acquired In Transfer Accretable Yield Disposals	0	0
Beginning of period
Certain Loans Acquired In Transfer Accretable Yield	609	656
End of period
Certain Loans Acquired In Transfer Accretable Yield	$ 620	$ 640

Note 6_ Deposits_ Schedule of97

Note 6: Deposits: Schedule of Deposit Liabilities (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Jun. 30, 2017
Details
Noninterest-bearing Deposit Liabilities	$ 194,747	$ 186,203
Deposits, Negotiable Order of Withdrawal (NOW)	494,313	479,488
Deposits, Money Market Deposits	109,870	105,599
Deposits, Savings Deposits	143,864	147,247
Interest-bearing Domestic Deposit, Certificates of Deposits	528,896	537,060
Deposits, Domestic	$ 1,471,690	$ 1,455,597

Note 7_ Earnings Per Share_ S98

Note 7: Earnings Per Share: Schedule of Earnings Per Share, Basic and Diluted (Details) - $ / shares	3 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Details
Weighted Average Number of Shares Outstanding, Basic	8,591,363	7,436,914
Stock options under treasury stock method	28,799	30,556
Weighted Average Number of Shares Outstanding, Diluted	8,620,162	7,467,470
Earnings Per Share, Basic	$ 0.57	$ 0.50
Earnings Per Share, Diluted	$ 0.56	$ 0.50

Note 8_ Income Taxes_ Schedul99

Note 8: Income Taxes: Schedule of Effective Income Tax Rate Reconciliation (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Details
Current Income Tax Expense (Benefit)	$ 1,883	$ 117
Deferred Income Taxes and Tax Credits	6	1,241
Income tax provision, total	$ 1,889	$ 1,358

Note 8_ Income Taxes_ Schedu100

Note 8: Income Taxes: Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Jun. 30, 2017
Details
Deferred Tax Assets Provision for Losses on Loans	$ 5,706	$ 5,563
Deferred Tax Assets Accrued Compensation and Benefits	822	1,068
Deferred Tax Assets Other-than-Temporary Impairment on Available for Sale Securities	122	128
Deferred Tax Assets NOL Carry Forwards Acquired	475	513
Deferred Tax Assets, Tax Credit Carryforwards, Alternative Minimum Tax	130	130
Deferred Tax Assets Unrealized Loss on Other Real Estate	127	131
Deferred Tax Assets, Gross	7,382	7,533
Deferred tax liabilities purchase accounting adjustments	1,145	1,193
Deferred Tax Liabilities Depreciation	2,658	2,734
Deferred Tax Liabilities FHLB Stock Dividends	197	203
Deferred Tax Liabilities, Prepaid Expenses	171	213
Deferred Tax Liabilities, Unrealized Gains on Trading Securities	307	295
Deferred Tax Liabilities, Other	1,018	991
Deferred Tax Liabilities, Net	5,497	5,629
Deferred Tax Assets, Net of Valuation Allowance	$ 1,885	$ 1,904

Note 8_ Income Taxes_ Federal a

Note 8: Income Taxes: Federal and State Operating Loss Carryforwards (Details) $ in Thousands	Sep. 30, 2017USD ($)
Federal
Deferred Tax Assets, Operating Loss Carryforwards	$ 1,300
State
Deferred Tax Assets, Operating Loss Carryforwards	$ 3,200

Note 8_ Income Taxes_ Schedu102

Note 8: Income Taxes: Schedule of Reconciliation of Income Tax Expense at the Statutory Rate to Actual Income Tax (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Effective Income Tax Rate Reconciliation at Federal Statutory Income Tax Rate, Amount	$ 2,363	$ 1,773
Income Tax Expense, Actual	1,889	1,358
Increase (decrease) in taxes
Nontaxable Municipal Income	(139)	(132)
Current State and Local Tax Expense (Benefit)	96	47
Cash Surrender Value Of Bank-owned Life Insurance	(82)	(74)
Tax Credit Benefits	(224)	(93)
Taxes, Other	$ (125)	$ (163)

Note 9_ 401(k) Retirement Plan

Note 9: 401(k) Retirement Plan (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Details
Defined Contribution Plan, Administrative Expense	$ 279	$ 243

Note 11_ Fair Value Measurem104

Note 11: Fair Value Measurements: Fair Value, Assets Measured on Recurring Basis (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Jun. 30, 2017
US Government-sponsored Enterprises Debt Securities
Assets, Fair Value Disclosure, Recurring	$ 10,444	$ 10,438
US States and Political Subdivisions Debt Securities
Assets, Fair Value Disclosure, Recurring	52,933	49,978
Other Debt Obligations
Assets, Fair Value Disclosure, Recurring	5,734	5,725
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises
Assets, Fair Value Disclosure, Recurring	$ 78,569	$ 78,275

Note 11_ Fair Value Measurem105

Note 11: Fair Value Measurements: Fair Value Measurements, Nonrecurring (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Jun. 30, 2017
Foreclosed and repossessed assets held for sale
Assets, Fair Value Disclosure, Nonrecurring	$ 3,424	$ 3,100

Note 11_ Fair Value Measurem106

Note 11: Fair Value Measurements: Gains (Losses) Recognized on Assets Measured on a Nonrecurring Basis (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Foreclosed and repossessed assets held for sale
Gains (losses) recognized on assets measured on a non-recurring basis	$ (6)	$ (143)
Total Gains Losses on Assets Measured on a Nonrecurring Basis
Gains (losses) recognized on assets measured on a non-recurring basis	$ (6)	$ (143)

Note 11_ Fair Value Measurem107

Note 11: Fair Value Measurements: Fair Value Inputs, Assets, Quantitative Information (Details) - Fair Value, Inputs, Level 3 - Foreclosed and Repossessed Assets - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Sep. 30, 2017	Jun. 30, 2017
Fair Value Asset Liability Measured On Nonrecurring Basis With Unobservable Inputs	$ 3,424	$ 3,100
Third party appraisal
Fair Value Measurements Nonrecurring Valuation Technique	Third party appraisal	Third party appraisal
Third party appraisal | Marketability discount
Fair Value Measurements Nonrecurring Unobservable Inputs	Marketability discount	Marketability discount
Fair Value Measurements Nonrecurring Range of discounts Applied	0.0% - 74.3%	0.0% - 66.4%
Fair Value Measurements Nonrecurring Weighted Average Discount Applied	39.1%	40.6%

Note 11_ Fair Value Measurem108

Note 11: Fair Value Measurements: Schedule of Financial Instruments (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Jun. 30, 2017
Letter of Credit
Financial Instruments Owned Carrying Amount	$ 0	$ 0
Line of Credit
Financial Instruments Owned Carrying Amount	0	0
Financial Assets | Cash and Cash Equivalents
Financial Instruments Owned Carrying Amount	25,102	30,786
Financial Assets | Interest-bearing time deposits
Financial Instruments Owned Carrying Amount	747	747
Financial Assets | Investment in Federal Home Loan Bank Stock
Financial Instruments Owned Carrying Amount	5,191	3,547
Financial Assets | Investment In Stock Of Federal Reserve Bank Of St Louis
Financial Instruments Owned Carrying Amount	3,193	2,357
Financial Assets | Loans Receivable
Financial Instruments Owned Carrying Amount	1,449,560	1,397,730
Financial Assets | Accrued interest receivable
Financial Instruments Owned Carrying Amount	8,305	6,769
Financial Liabilities | Deposits
Financial Instruments Owned Carrying Amount	1,471,690	1,455,597
Financial Liabilities | Securities Sold under Agreements to Repurchase
Financial Instruments Owned Carrying Amount	6,627	10,212
Financial Liabilities | Federal Home Loan Bank Advances
Financial Instruments Owned Carrying Amount	84,654	43,637
Financial Liabilities | Accrued interest payable
Financial Instruments Owned Carrying Amount	995	918
Financial Liabilities | Subordinated Debt
Financial Instruments Owned Carrying Amount	14,872	14,848
Commitments to Extend Credit
Financial Instruments Owned Carrying Amount	$ 0	$ 0

Note 12_ Business Combinations

Note 12: Business Combinations (Details) $ in Thousands	3 Months Ended
	Sep. 30, 2017USD ($)
Details
Business Acquisition, Name of Acquired Entity	Southern Missouri Bancshares, Inc. (“Bancshares”), and its wholly-owned subsidiary, Southern Missouri Bank of Marshfield
Business Acquisition, Description of Acquired Entity	The acquired financial institution is expected to be merged with and into Southern Bank simultaneously with the acquisition of Bancshares in the first quarter of calendar year 2018.
Business Acquisition, Transaction Costs	$ 75