Southern Missouri Bancorp (SMBC) 10-Q 11 May 20 2020 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - $ / shares	May 08, 2020	Mar. 31, 2020
Details
Registrant CIK		0000916907
Fiscal Year End		--06-30
Registrant Name		SOUTHERN MISSOURI BANCORP, INC.
SEC Form		10-Q
Period End date		Mar. 31, 2020
Trading Symbol		SMBC
Trading Exchange		NASDAQ
Tax Identification Number (TIN)		43-1665523
Number of common stock shares outstanding	9,128,290
Filer Category		Accelerated Filer
Current with reporting		Yes
Interactive Data Current		Yes
Shell Company		false
Small Business		false
Emerging Growth Company		false
Document Quarterly Report		true
Document Transition Report		false
Entity File Number		0-23406
Entity Incorporation, State or Country Code		MO
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		63901
City Area Code		573
Local Phone Number		778-1800
Title of 12(b) Security		Common
Entity Listing, Par Value Per Share	$ 0.01
Amendment Flag		false
Document Fiscal Year Focus		2020
Document Fiscal Period Focus		Q3

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($)	Mar. 31, 2020	Jun. 30, 2019
Assets
Cash and cash equivalents	$ 56,105	$ 35,400
Interest-bearing time deposits	973	969
Available for sale securities	180,592	165,535
Stock in FHLB of Des Moines	8,701	5,233
Stock in Federal Reserve Bank of St. Louis	4,353	4,350
Loans receivable, net of allowance for loan losses of $23,508 and $19,903 at March 31, 2020 and June 30, 2019, respectively	1,967,820	1,846,405
Accrued interest receivable	9,754	10,189
Premises and equipment, net	64,705	62,727
Bank owned life insurance - cash surrender value	39,095	38,337
Goodwill	14,089	14,089
Other intangible assets, net	7,484	9,239
Prepaid expenses and other assets	20,777	21,929
Total assets	2,374,448	2,214,402
Liabilities and Stockholders' Equity
Deposits	1,971,647	1,893,695
Securities sold under agreements to repurchase	0	4,376
Advances from FHLB of Des Moines	123,361	44,908
Note payable	3,000	3,000
Accounts payable and other liabilities	9,716	12,889
Accrued interest payable	1,753	2,099
Subordinated debt	15,118	15,043
Total liabilities	2,124,595	1,976,010
Common stock, $.01 par value; 25,000,000 shares authorized; 9,346,239 and 9,324,659 shares issued, respectively, at March 31, 2020 and June 30, 2019	93	93
Additional paid-in capital	95,012	94,541
Retained earnings	160,177	143,677
Accumulated other comprehensive income (loss)	1,508	1,247
Total stockholders' equity	249,853	238,392
Total liabilities and stockholders' equity	$ 2,374,448	$ 2,214,402

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets - Parenthetical - USD ($)	Mar. 31, 2020	Jun. 30, 2019
Details
Loans and Leases Receivable, Allowance	$ 23,508	$ 19,903
Common Stock, Par or Stated Value Per Share	$ 0.01	$ 0.01
Common Stock, Shares Authorized	25,000,000	25,000,000
Common Stock, Shares, Issued	9,346,239	9,324,659

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income - USD ($)	3 Months Ended		9 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Mar. 31, 2020	Mar. 31, 2019
INTEREST INCOME:
Loans	$ 24,969	$ 23,838	$ 76,030	$ 67,539
Investment securities	485	584	1,507	1,839
Mortgage-backed securities	733	736	2,141	1,968
Other interest-earning assets	33	28	110	89
Total interest income	26,220	25,186	79,788	71,435
INTEREST EXPENSE:
Deposits	6,135	5,851	19,161	14,786
Securities sold under agreements to repurchase	0	10	0	25
Advances from FHLB of Des Moines	439	495	1,534	2,025
Note Payable	31	37	102	121
Subordinated debt	197	239	636	689
Total interest expense	6,802	6,632	21,433	17,646
NET INTEREST INCOME	19,418	18,554	58,355	53,789
PROVISION FOR LOAN LOSSES	2,850	491	4,134	1,486
Net Interest Income After Provision for Loan Losses	16,568	18,063	54,221	52,303
NONINTEREST INCOME:
Deposit Account Charges and Related Fees	1,538	1,191	4,593	3,701
Bank card interchange income	1,346	1,113	4,018	3,358
Loan Late Charges	149	137	416	351
Loan Servicing Fees	(285)	152	(52)	465
Other Loan Fees	370	289	968	1,003
Net realized gains on sale of loans	178	175	653	495
Earnings on bank owned life insurance	247	240	755	1,080
Other income	313	405	940	733
Total noninterest income	3,856	3,946	12,291	11,430
NONINTEREST EXPENSE:
Compensation and benefits	7,521	7,221	21,638	19,712
Occupancy and equipment, net	3,063	2,731	8,919	7,872
Deposit insurance premiums	0	157	0	440
Legal and professional fees	229	224	651	734
Advertising	244	261	837	854
Postage and office supplies	224	218	585	564
Intangible amortization	441	462	1,322	1,232
Bank Card Network Expense	638	534	1,936	1,525
Other operating expense	1,836	1,382	4,954	4,258
Total noninterest expense	14,196	13,190	40,842	37,191
INCOME BEFORE INCOME TAXES	6,228	8,819	25,670	26,542
INCOME TAXES	1,129	1,725	5,026	5,194
NET INCOME	5,099	7,094	20,644	21,348
Net realized gains on sale of AFS securities	$ 0	$ 244	$ 0	$ 244
Basic earnings per common share	$ 0.55	$ 0.76	$ 2.24	$ 2.33
Diluted earnings per common share	0.55	0.76	2.24	2.33
Dividends per common share	$ 0.15	$ 0.13	$ 0.45	$ 0.39

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income - USD ($)	3 Months Ended		9 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Mar. 31, 2020	Mar. 31, 2019
Details
Comprehensive Income (Loss), Net	$ 5,099	$ 7,094	$ 20,644	$ 21,348
Other Comprehensive Income
Unrealized gains (losses) on securities available-for-sale	(178)	1,829	335	2,595
Reclassification adjustment for realized gains included in net income	0	244	0	244
Tax benefit (expense)	39	(349)	(74)	(578)
Total other comprehensive income (loss)	(139)	1,236	261	1,773
Comprehensive income	$ 4,960	$ 8,330	$ 20,905	$ 23,121

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Stockholders' Equity - USD ($)		Stockholders' Equity, Total	Common Stock	Additional Paid-in Capital	Retained Earnings	Treasury Stock	AOCI Attributable to Parent
Equity Balance at Jun. 30, 2018		$ 200,694	$ 90	$ 83,413	$ 119,536	$ 0	$ (2,345)
Net Income		21,348	0	0	21,348	0	0
Change in Unrealized Loss on Available for Sale Securities		1,773	0	0	0	0	1,773
Dividends paid on common stock	[1]	(3,551)	0	0	(3,551)	0	0
Stock option expense		35	0	35	0	0	0
Stock Grant Expense		323	0	323	0	0	0
Equity Balance at Mar. 31, 2019		231,379	93	94,525	137,333	0	(572)
Common stock issued, value		10,757	3	10,754	0	0	0
Equity Balance at Dec. 31, 2018		224,029	93	94,293	131,451	0	(1,808)
Net Income		7,094	0	0	7,094	0	0
Change in Unrealized Loss on Available for Sale Securities		1,236	0	0	0	0	1,236
Dividends paid on common stock	[2]	(1,212)	0	0	(1,212)	0	0
Stock option expense		17	0	17	0	0	0
Stock Grant Expense		215	0	215	0	0	0
Equity Balance at Mar. 31, 2019		231,379	93	94,525	137,333	0	(572)
Equity Balance at Jun. 30, 2019		238,392	93	94,541	143,677	(1,166)	1,247
Net Income		20,644	0	0	20,644	0	0
Change in Unrealized Loss on Available for Sale Securities		261	0	0	0	0	261
Dividends paid on common stock	[3]	(4,144)	0	0	(4,144)	0	0
Stock option expense		51	0	51	0	0	0
Stock Grant Expense		356	0	356	0	0	0
Exercise of stock options		64	0	64	0	0	0
Treasury stock purchased		(5,771)	0	0	0	(5,771)	0
Equity Balance at Mar. 31, 2020		249,853	93	95,012	160,177	(6,937)	1,508
Equity Balance at Dec. 31, 2019		248,869	93	94,650	156,459	(3,980)	1,647
Net Income		5,099	0	0	5,099	0	0
Change in Unrealized Loss on Available for Sale Securities		(139)	0	0	0	0	(139)
Dividends paid on common stock	[4]	(1,381)	0	0	(1,381)	0	0
Stock option expense		20	0	20	0	0	0
Stock Grant Expense		310	0	310	0	0	0
Exercise of stock options		32	0	32	0	0	0
Treasury stock purchased		(2,957)	0	0	0	(2,957)	0
Equity Balance at Mar. 31, 2020		$ 249,853	$ 93	$ 95,012	$ 160,177	$ (6,937)	$ 1,508
[1]	$.39 per share.
[2]	$.13 per share.
[3]	$.45 per share.
[4]	$.15 per share.

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flows - USD ($)	9 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Cash Flows From Operating Activities:
Net Income	$ 20,644	$ 21,348
Items not requiring (providing) cash:
Depreciation	2,841	2,505
Gain (Loss) on Disposal of Fixed Assets	295	3
Stock Option and Stock Grant Expense	471	357
Loss on sale/write-down of REO	223	187
Amortization of intangible assets	1,322	1,232
Accretion of purchase accounting adjustments	(1,144)	(2,275)
Increase in cash surrender value of bank owned life insurance (BOLI)	(755)	(1,080)
Provision for loan losses	4,134	1,486
Gains realized on sale of AFS securities	0	(244)
Net amortization of premiums and discounts on securities	896	624
Originations of loans held for sale	(25,705)	(21,304)
Proceeds from sales of loans held for sale	24,826	21,519
Gain (loss) on Loans Held for Sale	(653)	(495)
Changes in
Accrued interest receivable	435	620
Prepaid expenses and other assets	310	4,213
Accounts payable and other liabilities	557	877
Deferred income taxes	19	(181)
Accrued interest payable	(346)	759
Net cash provided by operating activities	28,370	30,151
Cash flows from investing activities:
Net increase in loans	(123,999)	(116,244)
Net change in interest-bearing deposits	(3)	986
Proceeds from maturities of available for sale securities	34,587	25,211
Proceeds from sales of available for sale securities	0	40,985
Net (purchases) redemptions of Federal Home Loan Bank stock	(3,469)	1,849
Net purchases of Federal Reserve Bank of St. Louis stock	(3)	(778)
Purchases of available-for-sale securities	(50,207)	(24,544)
Purchases of premises and equipment	(3,409)	(6,550)
Net cash paid for acquisition	0	(8,377)
Investments in state & federal tax credits	(4,840)	(231)
Proceeds from sale of fixed assets	276	29
Proceeds from sale of foreclosed assets	1,317	1,961
Net cash used in investing activities	(149,750)	(85,159)
Cash flows from financing activities:
Net (decrease) increase in certificates of deposits	(25,439)	106,027
Net (decrease) increase in securities sold under agreements to repurchase	(4,376)	1,436
Proceeds from Federal Home Loan Bank advances	521,200	466,800
Repayments of Federal Home Loan Bank advances	(442,835)	(523,818)
Net increase in demand deposits and savings accounts	103,450	17,574
Proceeds from issuance of long term debt	0	(4,400)
Purchase of Treasury Stock	(5,771)	0
Dividends paid on common stock	(4,144)	(3,551)
Net cash provided by financing activities	142,085	60,068
Increase in cash and cash equivalents	20,705	5,060
Cash and cash equivalents at beginning of period	35,400	26,326
Cash and cash equivalents at end of period	56,105	31,386
Noncash investing and financing activities:
Conversion of Loans to Foreclosed Real Estate	1,035	1,603
Conversion of foreclosed real estate to loans	0	51
Conversion of Loans to Repossessed Assets	191	26
Right of use assets obtained in exchange for lease obligations: Operating Leases	1,996	0
Fair value of assets acquired	0	216,772
Less: common stock issued	0	10,757
Cash paid for the capital stock	0	11,271
Liabilities assumed	0	194,744
Cash paid during the period for
Interest (net of interest credited)	3,084	3,457
Income taxes	$ 1,541	$ 1,455

Note 1_ Basis of Presentation

Note 1: Basis of Presentation	9 Months Ended
	Mar. 31, 2020
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, 2019, has been derived from the audited consolidated balance sheet of the Company as of that date. Operating results for the three- and nine- month periods ended March 31, 2020, 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, 2019, 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	9 Months Ended
	Mar. 31, 2020
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 the regulation of certain federal and state agencies and undergo periodic examinations by those regulatory authorities. Basis of Financial Statement Presentation. Principles of Consolidation. Use of Estimates. the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change relate to the determination of the allowance for loan losses and estimated fair values of purchased loans. Cash and Cash Equivalents. Interest-bearing Time Deposits. Available for Sale Securities. Purchase premiums and discounts are amortized to interest income using a level yield method over the estimated lives of the securities. For callable debt securities purchased at a premium, the amortization is instead recorded to the earliest call date. 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 (loss). 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 income. 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. Other Intangible Assets Income Taxes. determines deferred income taxes using the liability (or balance sheet) method. Under this method, the net deferred tax asset or liability is based on the tax effects of the differences between the book and tax bases of assets and liabilities, and enacted changes in tax rates and laws are recognized in the period in which they occur. 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 benefits 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 August 2018, the FASB issued ASU 2018-13, Fair Value Measurement (Topic 820) - Disclosure Framework-Changes to the Disclosure Requirements for Fair Value Measurement. ASU 2018-13 modifies the disclosure requirements on fair value measurements in Topic 820. The amendments in this update remove disclosures that no longer are considered cost beneficial, modify/clarify the specific requirements of certain disclosures, and add disclosure requirements identified as relevant. ASU 2018-13 is effective for fiscal years beginning after December 15, 2019, with early adoption permitted for certain removed and modified disclosures, and is not expected to have a significant impact on our 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. The Company formed a working group of key personnel responsible for the allowance for loan losses estimate and initiated its evaluation of the data and systems requirements of adoption of the Update. The group determined that purchasing third party software would be the most effective method to comply with the requirements, evaluated several outside vendors, and made a vendor recommendation that was approved by the Board. Model validation and data testing using existing ALLL methodology have been completed. Parallel testing of the new methodology compared to the current methodology will be performed throughout fiscal year 2020 and the Company continues to evaluate the impact of adopting the new guidance. We expect to recognize a one-time cumulative effect adjustment to the allowance for loan losses as of the beginning of the first reporting period in which the new standard is effective, which for the Company will be the three-month period ending September 30, 2020, but cannot yet determine the overall impact of the new guidance on the Company’s consolidated financial statements, or the exact amount of any such one-time adjustment. In March 2020, the Coronavirus Aid, Relief and Economic Security Act (the CARES Act) was signed into law, providing banking organizations required to adopt ASU 2016-13 during calendar year 2020 temporary relief from compliance with the standard until the earlier of the termination date of the national emergency declared by the President on March 13, 2020, concerning the COVID-19 pandemic (the National Emergency), or December 31, 2020. 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 Update was effective for the Company July 1, 2019. Adoption of the standard allows the use of a modified retrospective transition approach for all periods presented at the time of adoption. Based on the Company’s leases outstanding at March 31, 2020, which included five leased properties and numerous office equipment leases, the adoption of the new standard did not have a material impact on our consolidated statements of financial condition or our consolidated statements of income, although an increase to assets and liabilities occurred at the time of adoption. In the first quarter of 2020, the Company recognized a ROU asset and corresponding lease liability for all leases of approximately $2.0 million based on the lease portfolio at that time. The Company’s new leases, lease terminations, and lease modifications and renewals will impact the amount of ROU asset and corresponding lease liability recognized. The Company’s leases are all currently “operating leases” as defined in the Update; therefore, no material change in the income statement presentation of lease expense is anticipated. In March 2020, the CARES Act was signed into law, creating a forbearance program for federally backed mortgage loans, protects borrowers from negative credit reporting due to loan accommodations related to the National Emergency, and provides financial institutions the option to temporarily suspend certain requirements under U.S. GAAP related to troubled debt restructurings (TDR) for a limited period of time to account for the effects of COVID-19. The Company has elected to not apply ASC Subtopic 310-40 for loans eligible under the CARES Act, based on the modification’s (1) relation to COVID-19, (2) execution for a loan that was not more than 30-days past due as of December 31, 2019, and (3) executed between March 1, 2020, and the earlier of the date that falls 60 days following the termination of the declared National Emergency, or December 31, 2020.

Note 3_ Securities

Note 3: Securities	9 Months Ended
	Mar. 31, 2020
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: March 31, 2020 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) $ 2,294 $ 9 $ - $ 2,303 State and political subdivisions 39,518 275 (1,210) 38,583 Other securities 5,168 38 (242) 4,964 Mortgage-backed GSE residential 131,624 3,351 (233) 134,742 Total investments and mortgage-backed securities $ 178,604 $ 3,673 $ (1,685) $ 180,592 June 30, 2019 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) $ 7,284 $ 1 $ (15) $ 7,270 State and political subdivisions 42,123 728 (68) 42,783 Other securities 5,176 75 (198) 5,053 Mortgage-backed GSE residential 109,297 1,449 (317) 110,429 Total investments and mortgage-backed securities $ 163,880 $ 2,253 $ (598) $ 165,535 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. March 31, 2020 Amortized Estimated (dollars in thousands) Cost Fair Value Within one year $ 3,024 $ 3,020 After one year but less than five years 10,613 10,428 After five years but less than ten years 13,327 12,884 After ten years 20,106 19,518 Total investment securities 46,980 45,850 Mortgage-backed securities 131,624 134,742 Total investments and mortgage-backed securities $ 178,604 $ 180,592 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 $130.1 million at March 31, 2020 and $143.7 million at June 30, 2019. The securities pledged consist of marketable securities, including $1.3 million and $5.6 million of U.S. Government and Federal Agency Obligations, $50.8 million and $47.3 million of Mortgage-Backed Securities, $44.7 million and $55.7 million of Collateralized Mortgage Obligations, $33.0 million and $34.9 million of State and Political Subdivisions Obligations, and $200,000 and $300,000 of Other Securities at March 31, 2020 and June 30, 2019, respectively. The following tables reflect the Company’s 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 March 31, 2020 and June 30, 2019: March 31, 2020 Less than 12 months 12 months or more Total Unrealized Unrealized Unrealized Fair Value Losses Fair Value Losses Fair Value Losses (dollars in thousands) Obligations of state and political subdivisions 26,497 1,210 - - 26,497 1,210 Other securities - - 931 242 931 242 Mortgage-backed securities 15,513 227 1,375 6 16,888 233 Total investments and mortgage- backed securities $ 42,010 $ 1,437 $ 2,306 $ 248 $ 44,316 $ 1,685 June 30, 2019 Less than 12 months 12 months or more Total Unrealized Unrealized Unrealized Fair Value Losses Fair Value Losses Fair Value Losses (dollars in thousands) U.S. government-sponsored enterprises (GSEs) $ - $ - $ $6,969 $ 15 $ 6,969 $ 15 Obligations of state and political subdivisions - - 8,531 68 8,531 68 Other securities - - 985 198 985 198 Mortgage-backed securities 1,175 1 34,148 316 35,323 317 Total investments and mortgage- backed securities $ 1,175 $ 1 $ 50,633 $ 597 $ 51,808 $ 598 Other securities. The March 31, 2020, cash flow analysis for these two 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 two securities included prepayments averaging 1.6 percent, annually, annual defaults averaging 50 basis points, and a recovery rate averaging 10 percent of gross defaults, lagged two years. One of these two securities has continued to receive cash interest payments in full since purchase; the other security 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 resumed cash interest payments during fiscal 2014. The Company’s cash flow analysis indicates that cash interest payments are expected to continue for both 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 March 31, 2020. The Company does not believe any other individual unrealized loss as of March 31, 2020, represents other-than-temporary impairment (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 required 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 OTTI is identified. Credit losses recognized on investments.

Note 4_ Loans and Allowance for

Note 4: Loans and Allowance for Loan Losses	9 Months Ended
	Mar. 31, 2020
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) March 31, 2020 June 30, 2019 Real Estate Loans: Residential $ 583,776 $ 491,992 Construction 163,205 123,287 Commercial 893,269 840,777 Consumer loans 94,645 97,534 Commercial loans 327,587 355,874 2,062,482 1,909,464 Loans in process (71,152) (43,153) Deferred loan fees, net (2) (3) Allowance for loan losses (23,508) (19,903) Total loans $ 1,967,820 $ 1,846,405 The Company’s lending activities consist of originating 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 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 Company’s 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. 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 to maturities of 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 fixed-rate 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. While the Company typically utilizes maturity periods ranging from 6 to 12 months to closely monitor the inherent risks associated with construction 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 performs interim inspections which further allow the Company opportunity to assess risk. At March 31, 2020, construction loans outstanding included 73 loans, with drawn balances totaling $33.4 million, for which a modification had been agreed to. At June 30, 2019, construction loans outstanding included 59 loans, with drawn balances totaling $27.2 million, for which a modification had been agreed to. In general, these modifications were solely for the purpose of extending the maturity date due to conditions described above. Under the CARES Act, financial institutions have the option to temporarily suspend certain requirements under U.S. GAAP related to TDRs for a limited period of time to account for the effects of COVID-19. Loans with such modifications in effect at March 31, 2020, included drawn balances of $4.7 million in construction loans which were modified at the borrower’s request due to the current situation of heightened economic uncertainty triggered by the pandemic. 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 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. Interest rates on the HELOCs are generally adjustable and 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 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 March 31, 2020 and June 30, 2019, and activity in the allowance for loan losses for the three- and nine- month periods ended March 31, 2020 and 2019: At period end and for the nine months ended March 31, 2020 Residential Construction Commercial (dollars in thousands) Real Estate Real Estate Real Estate Consumer Commercial Total Allowance for loan losses: Balance, beginning of period $ 3,706 $ 1,365 $ 9,399 $ 1,046 $ 4,387 $ 19,903 Provision charged to expense 1,195 246 2,140 156 397 4,134 Losses charged off (305) - (12) (117) (173) (607) Recoveries 18 - 15 17 28 78 Balance, end of period $ 4,614 $ 1,611 $ 11,542 $ 1,102 $ 4,639 $ 23,508 Ending Balance: individually evaluated for impairment $ - $ - $ - $ - $ - $ - Ending Balance: collectively evaluated for impairment $ 4,614 $ 1,611 $ 11,542 $ 1,102 $ 4,639 $ 23,508 Ending Balance: loans acquired with deteriorated credit quality $ - $ - $ - $ - $ - $ - Loans: Ending Balance: individually evaluated for impairment $ - $ - $ - $ - $ - $ - Ending Balance: collectively evaluated for impairment $ 582,496 $ 90,764 $ 877,969 $ 94,645 $ 321,858 $ 1,967,732 Ending Balance: loans acquired with deteriorated credit quality $ 1,280 $ 1,289 $ 15,300 $ - $ 5,729 $ 23,598 For the three months ended March 31, 2020 Residential Construction Commercial (dollars in thousands) Real Estate Real Estate Real Estate Consumer Commercial Total Allowance for loan losses: Balance, beginning of period $ 3,712 $ 1,657 $ 9,827 $ 1,050 $ 4,568 $ 20,814 Provision charged to expense 1,035 (46) 1,727 64 70 2,850 Losses charged off (133) - (12) (19) (26) (190) Recoveries - - - 7 27 34 Balance, end of period $ 4,614 $ 1,611 $ 11,542 $ 1,102 $ 4,639 $ 23,508 At period end and for the nine months ended March 31, 2019 Residential Construction Commercial (dollars in thousands) Real Estate Real Estate Real Estate Consumer Commercial Total Allowance for loan losses: Balance, beginning of period $ 3,226 $ 1,097 $ 8,793 $ 902 $ 4,196 $ 18,214 Provision charged to expense 612 153 710 110 (99) 1,486 Losses charged off (27) - (141) (47) (78) (293) Recoveries 12 - 5 8 2 27 Balance, end of period $ 3,823 $ 1,250 $ 9,367 $ 973 $ 4,021 $ 19,434 Ending Balance: individually evaluated for impairment $ - $ - $ - $ - $ - $ - Ending Balance: collectively evaluated for impairment $ 3,823 $ 1,250 $ 9,367 $ 973 $ 4,021 $ 19,434 Ending Balance: loans acquired with deteriorated credit quality $ - $ - $ - $ - $ - $ - For the three months ended March 31, 2019 Residential Construction Commercial (dollars in thousands) Real Estate Real Estate Real Estate Consumer Commercial Total Allowance for loan losses: Balance, beginning of period $ 3,633 $ 1,191 $ 8,995 $ 967 $ 4,237 $ 19,023 Provision charged to expense 196 59 392 30 (186) 491 Losses charged off (18) - (21) (27) (31) (97) Recoveries 12 - 1 3 1 17 Balance, end of period $ 3,823 $ 1,250 $ 9,367 $ 973 $ 4,021 $ 19,434 At June 30, 2019 Residential Construction Commercial (dollars in thousands) Real Estate Real Estate Real Estate Consumer Commercial Total Allowance for loan losses: Balance, end of period $ 3,706 $ 1,365 $ 9,399 $ 1,046 $ 4,387 $ 19,903 Ending Balance: individually evaluated for impairment $ - $ - $ - $ - $ - $ - Ending Balance: collectively evaluated for impairment $ 3,706 $ 1,365 $ 9,399 $ 1,046 $ 4,387 $ 19,903 Ending Balance: loans acquired with deteriorated credit quality $ - $ - $ - $ - $ - $ - Loans: Ending Balance: individually evaluated for impairment $ - $ - $ - $ - $ - $ - Ending Balance: collectively evaluated for impairment $ 490,307 $ 78,826 $ 821,415 $ 97,534 $ 349,681 $ 1,837,763 Ending Balance: loans acquired with deteriorated credit quality $ 1,685 $ 1,308 $ 19,362 $ - $ 6,193 $ 28,548 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 allowance methodology, loans are first segmented into 1) those comprising large groups of homogeneous 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 provisions 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. The Company considers, as the primary quantitative factor in its allowance methodology, average net charge offs over the most recent twelve-month period. The Company also reviews average net charge offs over the most recent five-year period. 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-classified loans and is based on historical charge-off experience and expected loss given the internal risk rating process. 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 March 31, 2020 and June 30, 2019. 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: March 31, 2020 Residential Construction Commercial (dollars in thousands) Real Estate Real Estate Real Estate Consumer Commercial Pass $ 576,953 $ 92,053 $ 855,056 $ 94,331 $ 315,631 Watch 1,036 - 22,229 66 4,811 Special Mention - - 753 25 - Substandard 5,787 - 14,343 223 7,145 Doubtful - - 888 - - Total $ 583,776 $ 92,053 $ 893,269 $ 94,645 $ 327,587 June 30, 2019 Residential Construction Commercial (dollars in thousands) Real Estate Real Estate Real Estate Consumer Commercial Pass $ 482,869 $ 80,134 $ 802,479 $ 97,012 $ 341,069 Watch 1,236 - 21,693 170 7,802 Special Mention 103 - 3,463 26 - Substandard 7,784 - 13,142 291 7,003 Doubtful - - - 35 - Total $ 491,992 $ 80,134 $ 840,777 $ 97,534 $ 355,874 The above amounts include purchased credit impaired loans. At March 31, 2020, purchased credited impaired loans comprised $6.0 million of credits rated “Pass”; $10.5 million of credits rated “Watch”; none rated “Special Mention”; $7.1 million of credits rated “Substandard”; and none rated “Doubtful”. At June 30, 2019, purchased credit impaired loans accounted for $6.9 million of credits rated “Pass”; $10.4 million of credits rated “Watch”; none rated “Special Mention”; $11.2 million of credits rated “Substandard”; and none rated “Doubtful”. Credit Quality Indicators Watch Special Mention Substandard overall poor financial condition, and insufficient collateral. They are characterized by the distinct possibility that the institution will sustain some loss if the deficiencies are not corrected. 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 March 31, 2020 and June 30, 2019. These tables include purchased credit impaired loans, which are reported according to aging analysis after acquisition based on the Company’s standards for such classification: March 31, 2020 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 $ 2,391 $ 498 $ 1,268 $ 4,157 $ 579,619 $ 583,776 $ - Construction 222 3 - 225 91,828 92,053 - Commercial 3,256 138 4,571 7,965 885,304 893,269 - Consumer loans 783 79 262 1,124 93,521 94,645 - Commercial loans 2,033 164 264 2,461 325,126 327,587 - Total loans $ 8,685 $ 882 $ 6,365 $ 15,932 $ 1,975,398 $ 1,991,330 $ - June 30, 2019 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 $ 227 $ 1,054 $ 1,714 $ 2,995 $ 488,997 $ 491,992 $ - Construction - - - - 80,134 80,134 - Commercial 296 1 5,617 5,914 834,863 840,777 - Consumer loans 128 46 176 350 97,184 97,534 - Commercial loans 424 25 1,902 2,351 353,523 355,874 - Total loans $ 1,075 $ 1,126 $ 9,409 $ 11,610 $ 1,854,701 $ 1,866,311 $ - Under the CARES Act, financial institutions have the option to temporarily suspend certain requirements under U.S. GAAP related to TDRs for a limited period of time to account for the effects of COVID-19. Loans with such modifications in effect at March 31, 2020, included $89.6 million in loans reported as current in the above table. An additional $240,000 of residential loans, $200,000 of commercial loans, and $9,000 of consumer loans with such modifications were reported as 30-59 days past due as of March 31, 2020. At March 31, 2020 there were no purchased credit impaired loans that were greater than 90 days past due. At June 30, 2019 there was one purchased credit impaired loan with net fair value of $3.1 million that was 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 March 31, 2020 and June 30, 2019. 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. March 31, 2020 Recorded Unpaid Principal Specific (dollars in thousands) Balance Balance Allowance Loans without a specific valuation allowance: Residential real estate $ 4,026 $ 4,263 $ - Construction real estate 1,288 1,323 - Commercial real estate 21,572 25,828 - Consumer loans - - - Commercial loans 6,442 7,689 - Loans with a specific valuation allowance: Residential real estate $ - $ - $ - Construction real estate - - - Commercial real estate - - - Consumer loans - - - Commercial loans - - - Total: Residential real estate $ 4,026 $ 4,263 $ - Construction real estate $ 1,288 $ 1,323 $ - Commercial real estate $ 21,572 $ 25,828 $ - Consumer loans $ - $ - $ - Commercial loans $ 6,442 $ 7,689 $ - June 30, 2019 Recorded Unpaid Principal Specific (dollars in thousands) Balance Balance Allowance Loans without a specific valuation allowance: Residential real estate $ 5,104 $ 5,341 $ - Construction real estate 1,330 1,419 - Commercial real estate 26,410 31,717 - Consumer loans 8 8 - Commercial loans 6,999 9,187 - Loans with a specific valuation allowance: Residential real estate $ - $ - $ - Construction real estate - - - Commercial real estate - - - Consumer loans - - - Commercial loans - - - Total: Residential real estate $ 5,104 $ 5,341 $ - Construction real estate $ 1,330 $ 1,419 $ - Commercial real estate $ 26,410 $ 31,717 $ - Consumer loans $ 8 $ 8 $ - Commercial loans $ 6,999 $ 9,187 $ - The above amounts include purchased credit impaired loans. At March 31, 2020, purchased credit impaired loans comprised $23.6 million of impaired loans without a specific valuation allowance. At June 30, 2019, purchased credit impaired loans comprised $28.5 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 March 31, 2020 Average (dollars in thousands) Investment in Interest Income Impaired Loans Recognized Residential Real Estate $ 1,288 $ 22 Construction Real Estate 1,292 30 Commercial Real Estate 15,366 309 Consumer Loans - - Commercial Loans 5,909 115 Total Loans $ 23,855 $ 476 For the three-month period ended March 31, 2019 Average (dollars in thousands) Investment in Interest Income Impaired Loans Recognized Residential Real Estate $ 1,830 $ 28 Construction Real Estate 1,292 48 Commercial Real Estate 19,456 391 Consumer Loans - - Commercial Loans 5,805 100 Total Loans $ 28,383 $ 567 For the nine-month period ended March 31, 2020 Average (dollars in thousands) Investment in Interest Income Impaired Loans Recognized Residential Real Estate $ 1,482 $ 67 Construction Real Estate 1,299 114 Commercial Real Estate 16,544 984 Consumer Loans - - Commercial Loans 5,860 329 Total Loans $ 25,185 $ 1,494 For the nine-month period ended March 31, 2019 Average (dollars in thousands) Investment in Interest Income Impaired Loans Recognized Residential Real Estate $ 2,181 $ 89 Construction Real Estate 1,294 190 Commercial Real Estate 13,343 1,190 Consumer Loans - - Commercial Loans 3,716 818 Total Loans $ 20,534 $ 2,287 Interest income on impaired loans recognized on a cash basis in the three- and nine- month periods ended March 31, 2020 and 2019, was immaterial. For the three- and nine- month periods ended March 31, 2020, 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 $47,000 and $210,000, as compared to $115,000 and $1.2 million, for the three- and nine- month periods ended March 31, 2019. The following table presents the Company’s nonaccrual loans at March 31, 2020 and June 30, 2019. Purchased credit impaired loans are placed on nonaccrual status in the event the Company cannot reasonably estimate cash flows expected to be collected. The table excludes performing troubled debt restructurings. (dollars in thousands) March 31, 2020 June 30, 2019 Residential real estate $ 4,524 $ 6,404 Construction real estate - - Commercial real estate 5,938 10,876 Consumer loans 269 309 Commercial loans 697 3,424 Total loans $ 11,428 $ 21,013 The above amounts include purchased credit impaired loans. At March 31, 2020 there were no purchased credit impaired loans on nonaccrual. At June 30, 2019, purchased credit impaired loans comprised $4.1 million of nonaccrual loans. 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- and nine- month periods ended March 31, 2020 and 2019, certain loans modified were classified as TDRs. They are shown, segregated by class, in the table below: For the three-month periods ended March 31, 2020 March 31, 2019 Number of Recorded Number of Recorded (dollars in thousands) modifications Investment modifications Investment Residential real estate - $ - - $ - Construction real estate - - - - Commercial real estate - - 5 5,784 Consumer loans - - - - Commercial loans - - 3 3,881 Total - $ - 8 $ 9,665 For the nine-month periods ended March 31, 2020 March 31, 2019 Number of Recorded Number of Recorded (dollars in thousands) modifications Investment modifications Investment Residential real estate - $ - 1 $ 702 Construction real estate - - - - Commercial real estate - - 12 7,853 Consumer loans - - - - Commercial loans - - 5 3,899 Total - $ - 18 $ 12,454 Performing loans classified as TDRs and outstanding at March 31, 2020 and June 30, 2019, segregated by class, are shown in the table below. Nonperforming TDRs are shown as nonaccrual loans. March 31, 2020 June 30, 2019 Number of Recorded Number of Recorded (dollars in thousands) modifications Investment modifications Investment Residential real estate 10 $ 1,002 10 $ 1,130 Construction real estate - - - - Commercial real estate 16 7,651 20 6,529 Consumer loans - - - - Commercial loans 9 5,543 10 5,630 Total 35 $ 14,196 40 $ 13,289 The Company may obtain physical possession of real estate collateralizing a residential mortgage loan or home equity loan via foreclosure or in-substance repossession. As of March 31, 2020 and June 30, 2019, the carrying value of foreclosed residential real estate properties as a result of obtaining physical possession was $679,000 and $752,000, respectively. In addition, as of March 31, 2020 and June 30, 2019, the Company had residential mortgage loans and home equity loans with a carrying value of $592,000 and $493,000, respectively, collateralized by residential real estate property for which formal foreclosure proceedings were in process.

Note 5_ Accounting For Certain

Note 5: Accounting For Certain Loans Acquired in A Transfer	9 Months Ended
	Mar. 31, 2020
Notes
Note 5: Accounting For Certain Loans Acquired in A Transfer	Note 5: Accounting for Certain Loans Acquired in a Transfer During the fiscal years ended June 30, 2011, 2015, 2017, and 2019, the Company acquired certain loans which evidenced deterioration of credit quality since origination and for which 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 the Bank’s 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 March 31, 2020 and June 30, 2019. The amount of these loans is shown below: (dollars in thousands) March 31, 2020 June 30, 2019 Residential real estate $ 1,516 $ 1,921 Construction real estate 1,323 1,397 Commercial real estate 19,557 24,669 Consumer loans - - Commercial loans 6,976 8,381 Outstanding balance $ 29,372 $ 36,368 Carrying amount, net of fair value adjustment of $5,774 and $7,821 at March 31, 2020 and June 30, 2019, respectively $ 23,598 $ 28,547 Accretable yield, or income expected to be collected, is as follows: For the three-month period ended (dollars in thousands) March 31, 2020 March 31, 2019 Balance at beginning of period $ 187 $ 371 Additions - - Accretion (47) (114) Reclassification from nonaccretable difference 72 55 Disposals - - Balance at end of period $ 212 $ 312 For the nine-month period ended (dollars in thousands) March 31, 2020 March 31, 2019 Balance at beginning of period $ 220 $ 589 Additions - 102 Accretion (210) (1,203) Reclassification from nonaccretable difference 202 1,028 Disposals - (204) Balance at end of period $ 212 $ 312 During the three- and nine- month periods ended March 31, 2020 and March 31, 2019, the Company did not increase or reverse the allowance for loan losses related to these purchased credit impaired loans.

NOTE 6_ Premises and Equipment

NOTE 6: Premises and Equipment	9 Months Ended
	Mar. 31, 2020
Notes
NOTE 6: Premises and Equipment	Note 6: Premises and Equipment Following is a summary of premises and equipment: (dollars in thousands) March 31, 2020 June 30, 2019 Land $ 12,383 $ 12,414 Buildings and improvements 54,571 54,304 Construction in progress 1,110 466 Furniture, fixtures, equipment and software 18,126 16,514 Automobiles 120 107 Operating leases RIO assets 1,980 - 88,290 83,805 Less accumulated depreciation 23,585 21,078 $ 64,705 $ 62,727 Leases All of the leases are classified as operating leases, and therefore, were previously not recognized on the Company’s consolidated balance sheets. With the adoption of ASU 2016-02, these operating leases are now included as a ROU asset in the premises and equipment line item on the Company’s consolidated balance sheets. The corresponding lease liability is included in the accounts payable and other liabilities line item on the Company’s consolidated balance sheets. Because these leases are classified as operating leases, the adoption of the new standard did not have a material effect on lease expense on the Company’s consolidated statements of income. ASU 2016-02 also requires certain other accounting elections. The Company elected the short-term lease recognition exemption for all leases that qualify, meaning those with terms under twelve months. ROU assets or lease liabilities are not to be recognized for short-term leases. The calculated amount of the ROU assets and lease liabilities in the table below are impacted by the length of the lease term and the discount rate used to present value the minimum lease payments. The Company’s lease agreements often include one or more options to renew at the Company’s discretion. If at lease inception, the Company considers the exercising of a renewal option to be reasonably certain, the Company will include the extended term in the calculation of the ROU asset and lease liability. Regarding the discount rate, the ASU requires the use of the rate implicit in the lease whenever this rate is readily determinable. As this rate is rarely determinable, the Company utilizes its incremental borrowing rate at lease inception over a similar term. The discount rate utilized was 5%. The expected lease terms range from 18 months to 20 years. At or For the Nine Months Ended (dollars in thousands) March 31, 2020 Consolidated Balance Sheet Operating leases right of use asset $ 1,980 Operating leases liability $ 1,980 Consolidated Statement of Income Operating lease costs classified as occupancy and equipment expense $ 153 (includes short-term lease costs) Supplemental disclosures of cash flow information Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 116 ROU assets obtained in exchange for operating lease obligations: $ 2,004 For the three- and nine- month periods ended March 31, 2020, lease expense was $44,000 and $153,000, respectively, and was $50,000 and $179,000 for the three- and nine- month periods ended March 31, 2019, respectively. At March 31, 2020, future expected lease payments for leases with terms exceeding one year were as follows: (dollars in thousands) 2020 $ 39 2021 269 2022 243 2023 243 2024 243 2025 243 Thereafter 1,627 Future lease payments expected $ $2,907 The Company leases facilities it owns or portions of facilities it owns to other third parties. The Company has determined that all of these lease agreements, in terms of being the lessor, are classified as operating leases. For the three- and nine- month periods ended March 31, 2020, income recognized from these lessor agreements was $80,000 and $242,000, respectively, and was included in net occupancy and equipment expense.

Note 7_ Deposits

Note 7: Deposits	9 Months Ended
	Mar. 31, 2020
Notes
Note 7: Deposits	Note 7: Deposits Deposits are summarized as follows: (dollars in thousands) March 31, 2020 June 30, 2019 Non-interest bearing accounts $ 233,268 $ 218,889 NOW accounts 703,733 639,219 Money market deposit accounts 215,557 188,355 Savings accounts 165,268 167,973 Certificates 653,821 679,259 Total Deposit Accounts $ 1,971,647 $ 1,893,695

Note 8_ Earnings Per Share

Note 8: Earnings Per Share	9 Months Ended
	Mar. 31, 2020
Notes
Note 8: Earnings Per Share	Note 8: Earnings Per Share The following table sets forth the computation of basic and diluted earnings per share: Three months ended Nine months ended March 31, March 31, 2020 2019 2020 2019 (dollars in thousands except per share data) Net income available to common shareholders $ 5,099 $ 7,094 $ 20,644 $ 21,348 Average Common shares – outstanding basic 9,197,370 9,323,348 9,210,559 9,152,181 Stock options under treasury stock method 7,422 7,539 10,848 11,076 Average Common shares – outstanding diluted 9,204,792 9,330,887 9,221,407 9,163,257 Basic earnings per common share $ 0.55 $ 0.76 $ 2.24 $ 2.33 Diluted earnings per common share $ 0.55 $ 0.76 $ 2.24 $ 2.33 Options outstanding at March 31, 2020 and 2019, to purchase 50,500 and 31,000 shares of common stock, respectively, were not included in the computation of diluted earnings per common share for each of the three month periods because the exercise prices of such options were greater than the average market prices of the common stock for the three months ended March 31, 2020 and 2019, respectively. Options outstanding at March 31, 2020 and 2019, to purchase 33,000 and 13,500 shares of common stock, respectively, were not included in the computation of diluted earnings per common share for each of the nine month periods because the exercise prices of such options were greater than the average market prices of the common stock for the nine months ended March 31, 2020 and 2019, respectively.

Note 9_ Income Taxes

Note 9: Income Taxes	9 Months Ended
	Mar. 31, 2020
Notes
Note 9: Income Taxes	Note 9: 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 federal and state examinations by tax authorities for tax years ending June 30, 2015 and before. 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 For the nine-month periods ended (dollars in thousands) March 31, 2020 March 31, 2019 March 31, 2020 March 31, 2019 Income taxes Current $ 1,116 $ 1,719 $ 5,007 $ 5,375 Deferred 13 6 19 (181) Total income tax provision $ 1,129 $ 1,725 $ 5,026 $ 5,194 The components of net deferred tax assets are summarized as follows: (dollars in thousands) March 31, 2020 June 30, 2019 Deferred tax assets: Provision for losses on loans $ 5,392 $ 4,601 Accrued compensation and benefits 667 692 NOL carry forwards acquired 162 199 Minimum Tax Credit 130 130 Unrealized loss on other real estate 114 134 Purchase accounting adjustments - 255 Losses and credits from LLC's 189 1,206 Other 185 - Total deferred tax assets 6,839 7,217 Deferred tax liabilities: Purchase accounting adjustments 137 - Depreciation 1,348 1,749 FHLB stock dividends 120 120 Prepaid expenses 279 313 Unrealized gain on available for sale securities 437 364 Other - 61 Total deferred tax liabilities 2,321 2,607 Net deferred tax asset $ 4,518 $ $4,610 As of March 31, 2020 the Company had approximately $735,000 and $873,000 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. As a result of the Gideon Bancshares Company acquisition in November of 2018, the Company inherited a net operating loss of approximately $516,000. This net operating loss will be carried back pursuant to the CARES Act. As outlined in Notice 2020-26, the loss will be carried back to the fifth and fourth preceding tax years and the Company will recognize the tax benefit on the net operating loss at a 34% federal tax rate. A reconciliation of income tax expense at the statutory rate to the Company’s actual income tax is shown below: For the three-month periods ended For the nine-month periods ended (dollars in thousands) March 31, 2020 March 31, 2019 March 31, 2020 March 31, 2019 Tax at statutory rate $ 1,308 $ 1,852 $ 5,391 $ 5,574 Increase (reduction) in taxes Nontaxable municipal income (109) (103) (335) (295) State tax, net of Federal benefit 27 128 223 352 Cash surrender value of (52) (50) (159) (227) Tax credit benefits (21) (68) (27) (203) Other, net (24) (34) (67) (7) Actual provision $ 1,129 $ 1,725 $ 5,026 $ 5,194 For the three- and nine- month periods ended March 31, 2020 and March 31, 2019, income tax expense at the statutory rate was calculated using a 21% annual effective tax rate (AETR). Tax credit benefits are recognized under the deferral method of accounting for investments in tax credits.

Note 10_ 401(k) Retirement Plan

Note 10: 401(k) Retirement Plan	9 Months Ended
	Mar. 31, 2020
Notes
Note 10: 401(k) Retirement Plan	Note 10: 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 2019; for fiscal 2020, 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- and nine- month periods ended March 31, 2020, retirement plan expenses recognized for the Plan totaled approximately $391,000 and $1.1 million respectively, as compared to $347,000 and $981,000, respectively, 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 11_ Subordinated Debt

Note 11: Subordinated Debt	9 Months Ended
	Mar. 31, 2020
Notes
Note 11: Subordinated Debt	Note 11: 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 March 31, 2020, the current rate was 3.59%. 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. At March 31, 2020, the current rate was 3.19%. The carrying value of the debt securities was approximately $2.7 million at March 31, 2020 and $2.6 million at June 30, 2019. 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. At March 31, 2020, the current rate was 2.54%. The carrying value of the debt securities was approximately $5.2 million at March 31, 2020 and June 30, 2019.

Note 12_ Fair Value Measurement

Note 12: Fair Value Measurements	9 Months Ended
	Mar. 31, 2020
Notes
Note 12: Fair Value Measurements	Note 12: Fair Value Measurements ASC Topic 820, Fair Value Measurements Level 1 Level 2 Level 3 Recurring Measurements. Fair Value Measurements at March 31, 2020 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) $ 2,303 $ - $ 2,303 $ - State and political subdivisions 38,583 - 38,583 - Other securities 4,964 - 4,964 - Mortgage-backed GSE residential 134,742 - 134,742 - Fair Value Measurements at June 30, 2019, 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) $ 7,270 $ - $ 7,270 $ - State and political subdivisions 42,783 - 42,783 - Other securities 5,053 - 5,053 - Mortgage-backed GSE residential 110,429 - 110,429 - 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. Available-for-sale Securities. Nonrecurring Measurements. Fair Value Measurements at March 31, 2020 Quoted Prices Significant in Active Other Significant Markets for Observable Unobservable Identical Assets Inputs Inputs (dollars in thousands) Fair Value (Level 1) (Level 2) (Level 3) Foreclosed and repossessed assets held for sale $ 1,253 $ - $ - $ 1,253 Fair Value Measurements at March 31, 2020 Quoted Prices Significant in Active Other Significant Markets for Observable Unobservable Identical Assets Inputs Inputs (dollars in thousands) Fair Value (Level 1) (Level 2) (Level 3) Foreclosed and repossessed assets held for sale $ 2,430 $ - $ - $ 2,430 The following table presents gains and (losses) recognized on assets measured on a non-recurring basis for the nine-month periods ended March 31, 2020 and 2019: For the nine months ended (dollars in thousands) March 31, 2020 March 31, 2019 Foreclosed and repossessed assets held for sale $ (96) $ (229) Total losses on assets measured on a non-recurring basis $ (96) $ (229) 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. Foreclosed and Repossessed Assets Held for Sale. Unobservable (Level 3) Inputs. (dollars in thousands) Fair value at March 31, 2020 Valuation Unobservable Range of Weighted- Nonrecurring Measurements Foreclosed and repossessed $553 Third party appraisal Marketability discount 0.0% - 46.1% 20.6% (dollars in thousands) Fair value at Valuation Unobservable Range of Weighted Nonrecurring Measurements Foreclosed and repossessed $2,430 Third party appraisal Marketability discount 5.1% - 77.0% 35.2% Fair Value of Financial Instruments. March 31, 2020 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 $ 56,105 $ 56,105 $ - $ - Interest-bearing time deposits 973 - 973 - Stock in FHLB 8,701 - 8,701 - Stock in Federal Reserve Bank of St. Louis 4,353 - 4,353 - Loans receivable, net 1,967,820 - - 1,958,438 Accrued interest receivable 9,754 - 9,754 - Financial liabilities Deposits 1,971,647 1,316,854 - 655,493 Securities sold under agreements to repurchase - - - - Advances from FHLB 123,361 - 125,330 - Note payable 3,000 - - 3,000 Accrued interest payable 1,753 - 1,753 - Subordinated debt 15,118 - - 9,855 Unrecognized financial instruments (net of contract amount) Commitments to originate loans - - - - Letters of credit - - - - Lines of credit - - - - June 30, 2019 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 $ 35,400 $ 35,400 $ - $ - Interest-bearing time deposits 969 - 969 - Stock in FHLB 5,233 - 5,233 - Stock in Federal Reserve Bank of St. Louis 4,350 - 4,350 - Loans receivable, net 1,846,405 - - 1,823,040 Accrued interest receivable 10,189 - 10,189 - Financial liabilities Deposits 1,893,695 1,214,606 - 678,301 Securities sold under agreements to repurchase 4,376 - 4,376 - Advances from FHLB 44,908 - 45,547 - Note payable 3,000 - - 3,000 Accrued interest payable 2,099 - 2,099 - Subordinated debt 15,043 - - 15,267 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, interest-bearing time deposits, accrued interest receivable, and accrued interest payable 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. The fair value of loans is estimated on an exit price basis incorporating contractual cash flow, prepayments discount spreads, credit loss and liquidity premiums. Loans with similar characteristics were aggregated for purposes of the calculations. The carrying amount of accrued interest approximates its fair value. 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 and notes payable 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. The carrying amount of notes payable approximates fair value. 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 13_ Business Combinations

Note 13: Business Combinations	9 Months Ended
	Mar. 31, 2020
Notes
Note 13: Business Combinations	Note 13: Business Combinations On January 17, 2020 the Company announced the signing of an agreement and plan of merger whereby Central Federal Bancshares, Inc. (“Central”), and its wholly owned subsidiary, Central Federal Savings and Loan Association (“Central Federal”), will be acquired by the Company in an all-cash transaction valued at approximately $24.0 million. At April 30, 2020 Central held consolidated assets of $70 million, loans, net of allowance, of $52 million, and deposits of $47 million. The transaction is expected to close late in the month of May, 2020, subject to satisfaction of customary closing conditions, including regulatory and Central shareholder approvals. The acquired financial institution is expected to be merged with and into Southern Bank shortly after or simultaneously with the acquisition of Central. For the three- and nine- month periods ended March 31, 2020, the Company incurred $76,000 and $101,000, respectively, of third-party acquisition-related costs, included in noninterest expense in the Company’s consolidated statements of income.

Note 2_ Organization and Summ_2

Note 2: Organization and Summary of Significant Accounting Policies: Organization, Consolidation and Presentation of Financial Statements Disclosure and Significant Accounting Policies (Policies)	9 Months Ended
	Mar. 31, 2020
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 the regulation of certain federal and state agencies and undergo periodic examinations by those regulatory authorities. Basis of Financial Statement Presentation.

Note 2_ Organization and Summ_3

Note 2: Organization and Summary of Significant Accounting Policies: Principles of Consolidation Policy (Policies)	9 Months Ended
	Mar. 31, 2020
Policies
Principles of Consolidation Policy	Principles of Consolidation.

Note 2_ Organization and Summ_4

Note 2: Organization and Summary of Significant Accounting Policies: Use of Estimates Policy (Policies)	9 Months Ended
	Mar. 31, 2020
Policies
Use of Estimates Policy	Use of Estimates. the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change relate to the determination of the allowance for loan losses and estimated fair values of purchased loans.

Note 2_ Organization and Summ_5

Note 2: Organization and Summary of Significant Accounting Policies: Cash and Cash Equivalents, Policy (Policies)	9 Months Ended
	Mar. 31, 2020
Policies
Cash and Cash Equivalents, Policy	Cash and Cash Equivalents.

Note 2_ Organization and Summ_6

Note 2: Organization and Summary of Significant Accounting Policies: Interest Bearing Time Deposits (Policies)	9 Months Ended
	Mar. 31, 2020
Policies
Interest Bearing Time Deposits	Interest-bearing Time Deposits.

Note 2_ Organization and Summ_7

Note 2: Organization and Summary of Significant Accounting Policies: Marketable Securities, Policy (Policies)	9 Months Ended
	Mar. 31, 2020
Policies
Marketable Securities, Policy	Available for Sale Securities. Purchase premiums and discounts are amortized to interest income using a level yield method over the estimated lives of the securities. For callable debt securities purchased at a premium, the amortization is instead recorded to the earliest call date. 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 (loss). 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 income. 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 Summ_8

Note 2: Organization and Summary of Significant Accounting Policies: Federal Home Loan Bank and Federal Reserve Bank Stock (Policies)	9 Months Ended
	Mar. 31, 2020
Policies
Federal Home Loan Bank and Federal Reserve Bank Stock	Federal Home Loan Bank and Federal Reserve Bank Stock.

Note 2_ Organization and Summ_9

Note 2: Organization and Summary of Significant Accounting Policies: Loans Policy (Policies)	9 Months Ended
	Mar. 31, 2020
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 Sum_10

Note 2: Organization and Summary of Significant Accounting Policies: Foreclosed Real Estate Policy (Policies)	9 Months Ended
	Mar. 31, 2020
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 Sum_11

Note 2: Organization and Summary of Significant Accounting Policies: Property, Plant and Equipment, Policy (Policies)	9 Months Ended
	Mar. 31, 2020
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 Sum_12

Note 2: Organization and Summary of Significant Accounting Policies: Bank Owned Life Insurance Policy (Policies)	9 Months Ended
	Mar. 31, 2020
Policies
Bank Owned Life Insurance Policy	Bank Owned Life Insurance.

Note 2_ Organization and Sum_13

Note 2: Organization and Summary of Significant Accounting Policies: Goodwill Policy (Policies)	9 Months Ended
	Mar. 31, 2020
Policies
Goodwill Policy	Goodwill.

Note 2_ Organization and Sum_14

Note 2: Organization and Summary of Significant Accounting Policies: Intangible Assets, Finite-Lived, Policy (Policies)	9 Months Ended
	Mar. 31, 2020
Policies
Intangible Assets, Finite-Lived, Policy	Other Intangible Assets

Note 2_ Organization and Sum_15

Note 2: Organization and Summary of Significant Accounting Policies: Income Tax, Policy (Policies)	9 Months Ended
	Mar. 31, 2020
Policies
Income Tax, Policy	Income Taxes. determines deferred income taxes using the liability (or balance sheet) method. Under this method, the net deferred tax asset or liability is based on the tax effects of the differences between the book and tax bases of assets and liabilities, and enacted changes in tax rates and laws are recognized in the period in which they occur. 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 Sum_16

Note 2: Organization and Summary of Significant Accounting Policies: Share-based Compensation, Option and Incentive Plans Policy (Policies)	9 Months Ended
	Mar. 31, 2020
Policies
Share-based Compensation, Option and Incentive Plans Policy	Incentive Plan.

Note 2_ Organization and Sum_17

Note 2: Organization and Summary of Significant Accounting Policies: Outside Directors Retirement Plan Policy (Policies)	9 Months Ended
	Mar. 31, 2020
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 benefits shall terminate on the death of the beneficiary.

Note 2_ Organization and Sum_18

Note 2: Organization and Summary of Significant Accounting Policies: Stock Option Policy (Policies)	9 Months Ended
	Mar. 31, 2020
Policies
Stock Option Policy	Stock Options.

Note 2_ Organization and Sum_19

Note 2: Organization and Summary of Significant Accounting Policies: Earnings Per Share, Policy (Policies)	9 Months Ended
	Mar. 31, 2020
Policies
Earnings Per Share, Policy	Earnings Per Share. Comprehensive Income.

Note 2_ Organization and Sum_20

Note 2: Organization and Summary of Significant Accounting Policies: Fair Value Transfer Policy (Policies)	9 Months Ended
	Mar. 31, 2020
Policies
Fair Value Transfer Policy	Transfers Between Fair Value Hierarchy Levels.

Note 2_ Organization and Sum_21

Note 2: Organization and Summary of Significant Accounting Policies: New Accounting Pronouncements (Policies)	9 Months Ended
	Mar. 31, 2020
Policies
New Accounting Pronouncements	The following paragraphs summarize the impact of new accounting pronouncements: In August 2018, the FASB issued ASU 2018-13, Fair Value Measurement (Topic 820) - Disclosure Framework-Changes to the Disclosure Requirements for Fair Value Measurement. ASU 2018-13 modifies the disclosure requirements on fair value measurements in Topic 820. The amendments in this update remove disclosures that no longer are considered cost beneficial, modify/clarify the specific requirements of certain disclosures, and add disclosure requirements identified as relevant. ASU 2018-13 is effective for fiscal years beginning after December 15, 2019, with early adoption permitted for certain removed and modified disclosures, and is not expected to have a significant impact on our 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. The Company formed a working group of key personnel responsible for the allowance for loan losses estimate and initiated its evaluation of the data and systems requirements of adoption of the Update. The group determined that purchasing third party software would be the most effective method to comply with the requirements, evaluated several outside vendors, and made a vendor recommendation that was approved by the Board. Model validation and data testing using existing ALLL methodology have been completed. Parallel testing of the new methodology compared to the current methodology will be performed throughout fiscal year 2020 and the Company continues to evaluate the impact of adopting the new guidance. We expect to recognize a one-time cumulative effect adjustment to the allowance for loan losses as of the beginning of the first reporting period in which the new standard is effective, which for the Company will be the three-month period ending September 30, 2020, but cannot yet determine the overall impact of the new guidance on the Company’s consolidated financial statements, or the exact amount of any such one-time adjustment. In March 2020, the Coronavirus Aid, Relief and Economic Security Act (the CARES Act) was signed into law, providing banking organizations required to adopt ASU 2016-13 during calendar year 2020 temporary relief from compliance with the standard until the earlier of the termination date of the national emergency declared by the President on March 13, 2020, concerning the COVID-19 pandemic (the National Emergency), or December 31, 2020. 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 Update was effective for the Company July 1, 2019. Adoption of the standard allows the use of a modified retrospective transition approach for all periods presented at the time of adoption. Based on the Company’s leases outstanding at March 31, 2020, which included five leased properties and numerous office equipment leases, the adoption of the new standard did not have a material impact on our consolidated statements of financial condition or our consolidated statements of income, although an increase to assets and liabilities occurred at the time of adoption. In the first quarter of 2020, the Company recognized a ROU asset and corresponding lease liability for all leases of approximately $2.0 million based on the lease portfolio at that time. The Company’s new leases, lease terminations, and lease modifications and renewals will impact the amount of ROU asset and corresponding lease liability recognized. The Company’s leases are all currently “operating leases” as defined in the Update; therefore, no material change in the income statement presentation of lease expense is anticipated. In March 2020, the CARES Act was signed into law, creating a forbearance program for federally backed mortgage loans, protects borrowers from negative credit reporting due to loan accommodations related to the National Emergency, and provides financial institutions the option to temporarily suspend certain requirements under U.S. GAAP related to troubled debt restructurings (TDR) for a limited period of time to account for the effects of COVID-19. The Company has elected to not apply ASC Subtopic 310-40 for loans eligible under the CARES Act, based on the modification’s (1) relation to COVID-19, (2) execution for a loan that was not more than 30-days past due as of December 31, 2019, and (3) executed between March 1, 2020, and the earlier of the date that falls 60 days following the termination of the declared National Emergency, or December 31, 2020.

Note 3_ Securities_ Repurchase

Note 3: Securities: Repurchase Agreements, Collateral, Policy (Policies)	9 Months Ended
	Mar. 31, 2020
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 $130.1 million at March 31, 2020 and $143.7 million at June 30, 2019. The securities pledged consist of marketable securities, including $1.3 million and $5.6 million of U.S. Government and Federal Agency Obligations, $50.8 million and $47.3 million of Mortgage-Backed Securities, $44.7 million and $55.7 million of Collateralized Mortgage Obligations, $33.0 million and $34.9 million of State and Political Subdivisions Obligations, and $200,000 and $300,000 of Other Securities at March 31, 2020 and June 30, 2019, respectively.

Note 3_ Securities_ Other Secur

Note 3: Securities: Other Securities Policy (Policies)	9 Months Ended
	Mar. 31, 2020
Policies
Other Securities Policy	Other securities. The March 31, 2020, cash flow analysis for these two 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 two securities included prepayments averaging 1.6 percent, annually, annual defaults averaging 50 basis points, and a recovery rate averaging 10 percent of gross defaults, lagged two years. One of these two securities has continued to receive cash interest payments in full since purchase; the other security 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 resumed cash interest payments during fiscal 2014. The Company’s cash flow analysis indicates that cash interest payments are expected to continue for both 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 March 31, 2020. The Company does not believe any other individual unrealized loss as of March 31, 2020, represents other-than-temporary impairment (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 required 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 OTTI is identified.

Note 3_ Securities_ Credit Loss

Note 3: Securities: Credit Losses Recognized on Investments Policy (Policies)	9 Months Ended
	Mar. 31, 2020
Policies
Credit Losses Recognized on Investments Policy	Credit losses recognized on investments.

Note 4_ Loans and Allowance f_2

Note 4: Loans and Allowance for Loan Losses: Residential Mortgage Lending Policy (Policies)	9 Months Ended
	Mar. 31, 2020
Policies
Residential Mortgage Lending Policy	Residential Mortgage Lending. 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 Company’s 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 f_3

Note 4: Loans and Allowance for Loan Losses: Commercial Real Estate Lending Policy (Policies)	9 Months Ended
	Mar. 31, 2020
Policies
Commercial Real Estate Lending Policy	Commercial Real Estate Lending. 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 to maturities of 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 fixed-rate 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 f_4

Note 4: Loans and Allowance for Loan Losses: Construction Lending Policy (Policies)	9 Months Ended
	Mar. 31, 2020
Policies
Construction Lending Policy	Construction Lending. While the Company typically utilizes maturity periods ranging from 6 to 12 months to closely monitor the inherent risks associated with construction 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 performs interim inspections which further allow the Company opportunity to assess risk. At March 31, 2020, construction loans outstanding included 73 loans, with drawn balances totaling $33.4 million, for which a modification had been agreed to. At June 30, 2019, construction loans outstanding included 59 loans, with drawn balances totaling $27.2 million, for which a modification had been agreed to. In general, these modifications were solely for the purpose of extending the maturity date due to conditions described above. Under the CARES Act, financial institutions have the option to temporarily suspend certain requirements under U.S. GAAP related to TDRs for a limited period of time to account for the effects of COVID-19. Loans with such modifications in effect at March 31, 2020, included drawn balances of $4.7 million in construction loans which were modified at the borrower’s request due to the current situation of heightened economic uncertainty triggered by the pandemic. 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 f_5

Note 4: Loans and Allowance for Loan Losses: Consumer Lending Policy (Policies)	9 Months Ended
	Mar. 31, 2020
Policies
Consumer Lending Policy	Consumer Lending 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. Interest rates on the HELOCs are generally adjustable and 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 f_6

Note 4: Loans and Allowance for Loan Losses: Commercial Business Lending Policy (Policies)	9 Months Ended
	Mar. 31, 2020
Policies
Commercial Business Lending Policy	Commercial Business Lending

NOTE 6_ Premises and Equipment_

NOTE 6: Premises and Equipment: Lessee, Operating Lease, Disclosure (Policies)	9 Months Ended
	Mar. 31, 2020
Policies
Lessee, Operating Lease, Disclosure	Leases

Note 3_ Securities_ Schedule of

Note 3: Securities: Schedule of Available for Sale Securities (Tables)	9 Months Ended
	Mar. 31, 2020
Tables/Schedules
Schedule of Available for Sale Securities	March 31, 2020 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) $ 2,294 $ 9 $ - $ 2,303 State and political subdivisions 39,518 275 (1,210) 38,583 Other securities 5,168 38 (242) 4,964 Mortgage-backed GSE residential 131,624 3,351 (233) 134,742 Total investments and mortgage-backed securities $ 178,604 $ 3,673 $ (1,685) $ 180,592 June 30, 2019 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) $ 7,284 $ 1 $ (15) $ 7,270 State and political subdivisions 42,123 728 (68) 42,783 Other securities 5,176 75 (198) 5,053 Mortgage-backed GSE residential 109,297 1,449 (317) 110,429 Total investments and mortgage-backed securities $ 163,880 $ 2,253 $ (598) $ 165,535

Note 3_ Securities_ Investments

Note 3: Securities: Investments Classified by Contractual Maturity Date (Tables)	9 Months Ended
	Mar. 31, 2020
Tables/Schedules
Investments Classified by Contractual Maturity Date	March 31, 2020 Amortized Estimated (dollars in thousands) Cost Fair Value Within one year $ 3,024 $ 3,020 After one year but less than five years 10,613 10,428 After five years but less than ten years 13,327 12,884 After ten years 20,106 19,518 Total investment securities 46,980 45,850 Mortgage-backed securities 131,624 134,742 Total investments and mortgage-backed securities $ 178,604 $ 180,592

Note 3_ Securities_ Available-f

Note 3: Securities: Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value (Tables)	9 Months Ended
	Mar. 31, 2020
Tables/Schedules
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	March 31, 2020 Less than 12 months 12 months or more Total Unrealized Unrealized Unrealized Fair Value Losses Fair Value Losses Fair Value Losses (dollars in thousands) Obligations of state and political subdivisions 26,497 1,210 - - 26,497 1,210 Other securities - - 931 242 931 242 Mortgage-backed securities 15,513 227 1,375 6 16,888 233 Total investments and mortgage- backed securities $ 42,010 $ 1,437 $ 2,306 $ 248 $ 44,316 $ 1,685 June 30, 2019 Less than 12 months 12 months or more Total Unrealized Unrealized Unrealized Fair Value Losses Fair Value Losses Fair Value Losses (dollars in thousands) U.S. government-sponsored enterprises (GSEs) $ - $ - $ $6,969 $ 15 $ 6,969 $ 15 Obligations of state and political subdivisions - - 8,531 68 8,531 68 Other securities - - 985 198 985 198 Mortgage-backed securities 1,175 1 34,148 316 35,323 317 Total investments and mortgage- backed securities $ 1,175 $ 1 $ 50,633 $ 597 $ 51,808 $ 598

Note 4_ Loans and Allowance f_7

Note 4: Loans and Allowance for Loan Losses: Schedule of Accounts, Notes, Loans and Financing Receivable (Tables)	9 Months Ended
	Mar. 31, 2020
Tables/Schedules
Schedule of Accounts, Notes, Loans and Financing Receivable	(dollars in thousands) March 31, 2020 June 30, 2019 Real Estate Loans: Residential $ 583,776 $ 491,992 Construction 163,205 123,287 Commercial 893,269 840,777 Consumer loans 94,645 97,534 Commercial loans 327,587 355,874 2,062,482 1,909,464 Loans in process (71,152) (43,153) Deferred loan fees, net (2) (3) Allowance for loan losses (23,508) (19,903) Total loans $ 1,967,820 $ 1,846,405

Note 4_ Loans and Allowance f_8

Note 4: Loans and Allowance for Loan Losses: Schedule of Balance in the Allowance for Loan Losses and Recorded Investment (Tables)	9 Months Ended
	Mar. 31, 2020
Tables/Schedules
Schedule of Balance in the Allowance for Loan Losses and Recorded Investment	At period end and for the nine months ended March 31, 2020 Residential Construction Commercial (dollars in thousands) Real Estate Real Estate Real Estate Consumer Commercial Total Allowance for loan losses: Balance, beginning of period $ 3,706 $ 1,365 $ 9,399 $ 1,046 $ 4,387 $ 19,903 Provision charged to expense 1,195 246 2,140 156 397 4,134 Losses charged off (305) - (12) (117) (173) (607) Recoveries 18 - 15 17 28 78 Balance, end of period $ 4,614 $ 1,611 $ 11,542 $ 1,102 $ 4,639 $ 23,508 Ending Balance: individually evaluated for impairment $ - $ - $ - $ - $ - $ - Ending Balance: collectively evaluated for impairment $ 4,614 $ 1,611 $ 11,542 $ 1,102 $ 4,639 $ 23,508 Ending Balance: loans acquired with deteriorated credit quality $ - $ - $ - $ - $ - $ - Loans: Ending Balance: individually evaluated for impairment $ - $ - $ - $ - $ - $ - Ending Balance: collectively evaluated for impairment $ 582,496 $ 90,764 $ 877,969 $ 94,645 $ 321,858 $ 1,967,732 Ending Balance: loans acquired with deteriorated credit quality $ 1,280 $ 1,289 $ 15,300 $ - $ 5,729 $ 23,598 For the three months ended March 31, 2020 Residential Construction Commercial (dollars in thousands) Real Estate Real Estate Real Estate Consumer Commercial Total Allowance for loan losses: Balance, beginning of period $ 3,712 $ 1,657 $ 9,827 $ 1,050 $ 4,568 $ 20,814 Provision charged to expense 1,035 (46) 1,727 64 70 2,850 Losses charged off (133) - (12) (19) (26) (190) Recoveries - - - 7 27 34 Balance, end of period $ 4,614 $ 1,611 $ 11,542 $ 1,102 $ 4,639 $ 23,508 At period end and for the nine months ended March 31, 2019 Residential Construction Commercial (dollars in thousands) Real Estate Real Estate Real Estate Consumer Commercial Total Allowance for loan losses: Balance, beginning of period $ 3,226 $ 1,097 $ 8,793 $ 902 $ 4,196 $ 18,214 Provision charged to expense 612 153 710 110 (99) 1,486 Losses charged off (27) - (141) (47) (78) (293) Recoveries 12 - 5 8 2 27 Balance, end of period $ 3,823 $ 1,250 $ 9,367 $ 973 $ 4,021 $ 19,434 Ending Balance: individually evaluated for impairment $ - $ - $ - $ - $ - $ - Ending Balance: collectively evaluated for impairment $ 3,823 $ 1,250 $ 9,367 $ 973 $ 4,021 $ 19,434 Ending Balance: loans acquired with deteriorated credit quality $ - $ - $ - $ - $ - $ - For the three months ended March 31, 2019 Residential Construction Commercial (dollars in thousands) Real Estate Real Estate Real Estate Consumer Commercial Total Allowance for loan losses: Balance, beginning of period $ 3,633 $ 1,191 $ 8,995 $ 967 $ 4,237 $ 19,023 Provision charged to expense 196 59 392 30 (186) 491 Losses charged off (18) - (21) (27) (31) (97) Recoveries 12 - 1 3 1 17 Balance, end of period $ 3,823 $ 1,250 $ 9,367 $ 973 $ 4,021 $ 19,434 At June 30, 2019 Residential Construction Commercial (dollars in thousands) Real Estate Real Estate Real Estate Consumer Commercial Total Allowance for loan losses: Balance, end of period $ 3,706 $ 1,365 $ 9,399 $ 1,046 $ 4,387 $ 19,903 Ending Balance: individually evaluated for impairment $ - $ - $ - $ - $ - $ - Ending Balance: collectively evaluated for impairment $ 3,706 $ 1,365 $ 9,399 $ 1,046 $ 4,387 $ 19,903 Ending Balance: loans acquired with deteriorated credit quality $ - $ - $ - $ - $ - $ - Loans: Ending Balance: individually evaluated for impairment $ - $ - $ - $ - $ - $ - Ending Balance: collectively evaluated for impairment $ 490,307 $ 78,826 $ 821,415 $ 97,534 $ 349,681 $ 1,837,763 Ending Balance: loans acquired with deteriorated credit quality $ 1,685 $ 1,308 $ 19,362 $ - $ 6,193 $ 28,548

Note 4_ Loans and Allowance f_9

Note 4: Loans and Allowance for Loan Losses: Financing Receivable Credit Quality Indicators (Tables)	9 Months Ended
	Mar. 31, 2020
Tables/Schedules
Financing Receivable Credit Quality Indicators	March 31, 2020 Residential Construction Commercial (dollars in thousands) Real Estate Real Estate Real Estate Consumer Commercial Pass $ 576,953 $ 92,053 $ 855,056 $ 94,331 $ 315,631 Watch 1,036 - 22,229 66 4,811 Special Mention - - 753 25 - Substandard 5,787 - 14,343 223 7,145 Doubtful - - 888 - - Total $ 583,776 $ 92,053 $ 893,269 $ 94,645 $ 327,587 June 30, 2019 Residential Construction Commercial (dollars in thousands) Real Estate Real Estate Real Estate Consumer Commercial Pass $ 482,869 $ 80,134 $ 802,479 $ 97,012 $ 341,069 Watch 1,236 - 21,693 170 7,802 Special Mention 103 - 3,463 26 - Substandard 7,784 - 13,142 291 7,003 Doubtful - - - 35 - Total $ 491,992 $ 80,134 $ 840,777 $ 97,534 $ 355,874

Note 4_ Loans and Allowance _10

Note 4: Loans and Allowance for Loan Losses: Schedule of Loan Portfolio Aging Analysis (Tables)	9 Months Ended
	Mar. 31, 2020
Tables/Schedules
Schedule of Loan Portfolio Aging Analysis	March 31, 2020 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 $ 2,391 $ 498 $ 1,268 $ 4,157 $ 579,619 $ 583,776 $ - Construction 222 3 - 225 91,828 92,053 - Commercial 3,256 138 4,571 7,965 885,304 893,269 - Consumer loans 783 79 262 1,124 93,521 94,645 - Commercial loans 2,033 164 264 2,461 325,126 327,587 - Total loans $ 8,685 $ 882 $ 6,365 $ 15,932 $ 1,975,398 $ 1,991,330 $ - June 30, 2019 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 $ 227 $ 1,054 $ 1,714 $ 2,995 $ 488,997 $ 491,992 $ - Construction - - - - 80,134 80,134 - Commercial 296 1 5,617 5,914 834,863 840,777 - Consumer loans 128 46 176 350 97,184 97,534 - Commercial loans 424 25 1,902 2,351 353,523 355,874 - Total loans $ 1,075 $ 1,126 $ 9,409 $ 11,610 $ 1,854,701 $ 1,866,311 $ -

Note 4_ Loans and Allowance _11

Note 4: Loans and Allowance for Loan Losses: Impaired Loans (Tables)	9 Months Ended
	Mar. 31, 2020
Tables/Schedules
Impaired Loans	March 31, 2020 Recorded Unpaid Principal Specific (dollars in thousands) Balance Balance Allowance Loans without a specific valuation allowance: Residential real estate $ 4,026 $ 4,263 $ - Construction real estate 1,288 1,323 - Commercial real estate 21,572 25,828 - Consumer loans - - - Commercial loans 6,442 7,689 - Loans with a specific valuation allowance: Residential real estate $ - $ - $ - Construction real estate - - - Commercial real estate - - - Consumer loans - - - Commercial loans - - - Total: Residential real estate $ 4,026 $ 4,263 $ - Construction real estate $ 1,288 $ 1,323 $ - Commercial real estate $ 21,572 $ 25,828 $ - Consumer loans $ - $ - $ - Commercial loans $ 6,442 $ 7,689 $ - June 30, 2019 Recorded Unpaid Principal Specific (dollars in thousands) Balance Balance Allowance Loans without a specific valuation allowance: Residential real estate $ 5,104 $ 5,341 $ - Construction real estate 1,330 1,419 - Commercial real estate 26,410 31,717 - Consumer loans 8 8 - Commercial loans 6,999 9,187 - Loans with a specific valuation allowance: Residential real estate $ - $ - $ - Construction real estate - - - Commercial real estate - - - Consumer loans - - - Commercial loans - - - Total: Residential real estate $ 5,104 $ 5,341 $ - Construction real estate $ 1,330 $ 1,419 $ - Commercial real estate $ 26,410 $ 31,717 $ - Consumer loans $ 8 $ 8 $ - Commercial loans $ 6,999 $ 9,187 $ -

Note 4_ Loans and Allowance _12

Note 4: Loans and Allowance for Loan Losses: Schedule of Interest Income Recognized on Impaired Loans (Tables)	9 Months Ended
	Mar. 31, 2020
Tables/Schedules
Schedule of Interest Income Recognized on Impaired Loans	For the three-month period ended March 31, 2020 Average (dollars in thousands) Investment in Interest Income Impaired Loans Recognized Residential Real Estate $ 1,288 $ 22 Construction Real Estate 1,292 30 Commercial Real Estate 15,366 309 Consumer Loans - - Commercial Loans 5,909 115 Total Loans $ 23,855 $ 476 For the three-month period ended March 31, 2019 Average (dollars in thousands) Investment in Interest Income Impaired Loans Recognized Residential Real Estate $ 1,830 $ 28 Construction Real Estate 1,292 48 Commercial Real Estate 19,456 391 Consumer Loans - - Commercial Loans 5,805 100 Total Loans $ 28,383 $ 567 For the nine-month period ended March 31, 2020 Average (dollars in thousands) Investment in Interest Income Impaired Loans Recognized Residential Real Estate $ 1,482 $ 67 Construction Real Estate 1,299 114 Commercial Real Estate 16,544 984 Consumer Loans - - Commercial Loans 5,860 329 Total Loans $ 25,185 $ 1,494 For the nine-month period ended March 31, 2019 Average (dollars in thousands) Investment in Interest Income Impaired Loans Recognized Residential Real Estate $ 2,181 $ 89 Construction Real Estate 1,294 190 Commercial Real Estate 13,343 1,190 Consumer Loans - - Commercial Loans 3,716 818 Total Loans $ 20,534 $ 2,287

Note 4_ Loans and Allowance _13

Note 4: Loans and Allowance for Loan Losses: Schedule of Financing Receivables, Non Accrual Status (Tables)	9 Months Ended
	Mar. 31, 2020
Tables/Schedules
Schedule of Financing Receivables, Non Accrual Status	(dollars in thousands) March 31, 2020 June 30, 2019 Residential real estate $ 4,524 $ 6,404 Construction real estate - - Commercial real estate 5,938 10,876 Consumer loans 269 309 Commercial loans 697 3,424 Total loans $ 11,428 $ 21,013

Note 4_ Loans and Allowance _14

Note 4: Loans and Allowance for Loan Losses: Schedule of Debtor Troubled Debt Restructuring, Current Period (Tables)	9 Months Ended
	Mar. 31, 2020
Tables/Schedules
Schedule of Debtor Troubled Debt Restructuring, Current Period	For the three-month periods ended March 31, 2020 March 31, 2019 Number of Recorded Number of Recorded (dollars in thousands) modifications Investment modifications Investment Residential real estate - $ - - $ - Construction real estate - - - - Commercial real estate - - 5 5,784 Consumer loans - - - - Commercial loans - - 3 3,881 Total - $ - 8 $ 9,665 For the nine-month periods ended March 31, 2020 March 31, 2019 Number of Recorded Number of Recorded (dollars in thousands) modifications Investment modifications Investment Residential real estate - $ - 1 $ 702 Construction real estate - - - - Commercial real estate - - 12 7,853 Consumer loans - - - - Commercial loans - - 5 3,899 Total - $ - 18 $ 12,454

Note 4_ Loans and Allowance _15

Note 4: Loans and Allowance for Loan Losses: Performing Loans Classified as Troubled Debt Restructuring Loans (Tables)	9 Months Ended
	Mar. 31, 2020
Tables/Schedules
Performing Loans Classified as Troubled Debt Restructuring Loans	March 31, 2020 June 30, 2019 Number of Recorded Number of Recorded (dollars in thousands) modifications Investment modifications Investment Residential real estate 10 $ 1,002 10 $ 1,130 Construction real estate - - - - Commercial real estate 16 7,651 20 6,529 Consumer loans - - - - Commercial loans 9 5,543 10 5,630 Total 35 $ 14,196 40 $ 13,289

Note 5_ Accounting For Certai_2

Note 5: Accounting For Certain Loans Acquired in A Transfer: Schedule of Acquired Loans With Credit Deterioration (Tables)	9 Months Ended
	Mar. 31, 2020
Tables/Schedules
Schedule of Acquired Loans With Credit Deterioration	(dollars in thousands) March 31, 2020 June 30, 2019 Residential real estate $ 1,516 $ 1,921 Construction real estate 1,323 1,397 Commercial real estate 19,557 24,669 Consumer loans - - Commercial loans 6,976 8,381 Outstanding balance $ 29,372 $ 36,368 Carrying amount, net of fair value adjustment of $5,774 and $7,821 at March 31, 2020 and June 30, 2019, respectively $ 23,598 $ 28,547

Note 5_ Accounting For Certai_3

Note 5: Accounting For Certain Loans Acquired in A Transfer: Schedule of Acquired Loans in Transfer Accretable Yield (Tables)	9 Months Ended
	Mar. 31, 2020
Tables/Schedules
Schedule of Acquired Loans in Transfer Accretable Yield	For the three-month period ended (dollars in thousands) March 31, 2020 March 31, 2019 Balance at beginning of period $ 187 $ 371 Additions - - Accretion (47) (114) Reclassification from nonaccretable difference 72 55 Disposals - - Balance at end of period $ 212 $ 312 For the nine-month period ended (dollars in thousands) March 31, 2020 March 31, 2019 Balance at beginning of period $ 220 $ 589 Additions - 102 Accretion (210) (1,203) Reclassification from nonaccretable difference 202 1,028 Disposals - (204) Balance at end of period $ 212 $ 312

NOTE 6_ Premises and Equipmen_2

NOTE 6: Premises and Equipment: Property, Plant and Equipment (Tables)	9 Months Ended
	Mar. 31, 2020
Tables/Schedules
Property, Plant and Equipment	(dollars in thousands) March 31, 2020 June 30, 2019 Land $ 12,383 $ 12,414 Buildings and improvements 54,571 54,304 Construction in progress 1,110 466 Furniture, fixtures, equipment and software 18,126 16,514 Automobiles 120 107 Operating leases RIO assets 1,980 - 88,290 83,805 Less accumulated depreciation 23,585 21,078 $ 64,705 $ 62,727

NOTE 6_ Premises and Equipmen_3

NOTE 6: Premises and Equipment: Calculated Amount of Right of Use Assets and Lease Liabilities (Tables)	9 Months Ended
	Mar. 31, 2020
Tables/Schedules
Calculated Amount of Right of Use Assets and Lease Liabilities	At or For the Nine Months Ended (dollars in thousands) March 31, 2020 Consolidated Balance Sheet Operating leases right of use asset $ 1,980 Operating leases liability $ 1,980 Consolidated Statement of Income Operating lease costs classified as occupancy and equipment expense $ 153 (includes short-term lease costs) Supplemental disclosures of cash flow information Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 116 ROU assets obtained in exchange for operating lease obligations: $ 2,004

NOTE 6_ Premises and Equipmen_4

NOTE 6: Premises and Equipment: Schedule of Future Minimum Rental Payments for Operating Leases (Tables)	9 Months Ended
	Mar. 31, 2020
Tables/Schedules
Schedule of Future Minimum Rental Payments for Operating Leases	(dollars in thousands) 2020 $ 39 2021 269 2022 243 2023 243 2024 243 2025 243 Thereafter 1,627 Future lease payments expected $ $2,907

Note 7_ Deposits_ Schedule of D

Note 7: Deposits: Schedule of Deposit Liabilities (Tables)	9 Months Ended
	Mar. 31, 2020
Tables/Schedules
Schedule of Deposit Liabilities	(dollars in thousands) March 31, 2020 June 30, 2019 Non-interest bearing accounts $ 233,268 $ 218,889 NOW accounts 703,733 639,219 Money market deposit accounts 215,557 188,355 Savings accounts 165,268 167,973 Certificates 653,821 679,259 Total Deposit Accounts $ 1,971,647 $ 1,893,695

Note 8_ Earnings Per Share_ Sch

Note 8: Earnings Per Share: Schedule of Earnings Per Share, Basic and Diluted (Tables)	9 Months Ended
	Mar. 31, 2020
Tables/Schedules
Schedule of Earnings Per Share, Basic and Diluted	Three months ended Nine months ended March 31, March 31, 2020 2019 2020 2019 (dollars in thousands except per share data) Net income available to common shareholders $ 5,099 $ 7,094 $ 20,644 $ 21,348 Average Common shares – outstanding basic 9,197,370 9,323,348 9,210,559 9,152,181 Stock options under treasury stock method 7,422 7,539 10,848 11,076 Average Common shares – outstanding diluted 9,204,792 9,330,887 9,221,407 9,163,257 Basic earnings per common share $ 0.55 $ 0.76 $ 2.24 $ 2.33 Diluted earnings per common share $ 0.55 $ 0.76 $ 2.24 $ 2.33

Note 9_ Income Taxes_ Schedule

Note 9: Income Taxes: Schedule of Effective Income Tax Rate Reconciliation (Tables)	9 Months Ended
	Mar. 31, 2020
Tables/Schedules
Schedule of Effective Income Tax Rate Reconciliation	For the three-month period ended For the nine-month periods ended (dollars in thousands) March 31, 2020 March 31, 2019 March 31, 2020 March 31, 2019 Income taxes Current $ 1,116 $ 1,719 $ 5,007 $ 5,375 Deferred 13 6 19 (181) Total income tax provision $ 1,129 $ 1,725 $ 5,026 $ 5,194

Note 9_ Income Taxes_ Schedul_2

Note 9: Income Taxes: Schedule of Deferred Tax Assets and Liabilities (Tables)	9 Months Ended
	Mar. 31, 2020
Tables/Schedules
Schedule of Deferred Tax Assets and Liabilities	(dollars in thousands) March 31, 2020 June 30, 2019 Deferred tax assets: Provision for losses on loans $ 5,392 $ 4,601 Accrued compensation and benefits 667 692 NOL carry forwards acquired 162 199 Minimum Tax Credit 130 130 Unrealized loss on other real estate 114 134 Purchase accounting adjustments - 255 Losses and credits from LLC's 189 1,206 Other 185 - Total deferred tax assets 6,839 7,217 Deferred tax liabilities: Purchase accounting adjustments 137 - Depreciation 1,348 1,749 FHLB stock dividends 120 120 Prepaid expenses 279 313 Unrealized gain on available for sale securities 437 364 Other - 61 Total deferred tax liabilities 2,321 2,607 Net deferred tax asset $ 4,518 $ $4,610

Note 9_ Income Taxes_ Schedul_3

Note 9: Income Taxes: Schedule of Reconciliation of Income Tax Expense at the Statutory Rate to Actual Income Tax (Tables)	9 Months Ended
	Mar. 31, 2020
Tables/Schedules
Schedule of Reconciliation of Income Tax Expense at the Statutory Rate to Actual Income Tax	For the three-month periods ended For the nine-month periods ended (dollars in thousands) March 31, 2020 March 31, 2019 March 31, 2020 March 31, 2019 Tax at statutory rate $ 1,308 $ 1,852 $ 5,391 $ 5,574 Increase (reduction) in taxes Nontaxable municipal income (109) (103) (335) (295) State tax, net of Federal benefit 27 128 223 352 Cash surrender value of (52) (50) (159) (227) Tax credit benefits (21) (68) (27) (203) Other, net (24) (34) (67) (7) Actual provision $ 1,129 $ 1,725 $ 5,026 $ 5,194

Note 12_ Fair Value Measureme_2

Note 12: Fair Value Measurements: Fair Value, Assets Measured on Recurring Basis (Tables)	9 Months Ended
	Mar. 31, 2020
Tables/Schedules
Fair Value, Assets Measured on Recurring Basis	Fair Value Measurements at March 31, 2020 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) $ 2,303 $ - $ 2,303 $ - State and political subdivisions 38,583 - 38,583 - Other securities 4,964 - 4,964 - Mortgage-backed GSE residential 134,742 - 134,742 - Fair Value Measurements at June 30, 2019, 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) $ 7,270 $ - $ 7,270 $ - State and political subdivisions 42,783 - 42,783 - Other securities 5,053 - 5,053 - Mortgage-backed GSE residential 110,429 - 110,429 -

Note 12_ Fair Value Measureme_3

Note 12: Fair Value Measurements: Fair Value Measurements, Nonrecurring (Tables)	9 Months Ended
	Mar. 31, 2020
Tables/Schedules
Fair Value Measurements, Nonrecurring	Fair Value Measurements at March 31, 2020 Quoted Prices Significant in Active Other Significant Markets for Observable Unobservable Identical Assets Inputs Inputs (dollars in thousands) Fair Value (Level 1) (Level 2) (Level 3) Foreclosed and repossessed assets held for sale $ 1,253 $ - $ - $ 1,253 Fair Value Measurements at March 31, 2020 Quoted Prices Significant in Active Other Significant Markets for Observable Unobservable Identical Assets Inputs Inputs (dollars in thousands) Fair Value (Level 1) (Level 2) (Level 3) Foreclosed and repossessed assets held for sale $ 2,430 $ - $ - $ 2,430

Note 12_ Fair Value Measureme_4

Note 12: Fair Value Measurements: Gains (Losses) Recognized on Assets Measured on a Nonrecurring Basis (Tables)	9 Months Ended
	Mar. 31, 2020
Tables/Schedules
Gains (Losses) Recognized on Assets Measured on a Nonrecurring Basis	For the nine months ended (dollars in thousands) March 31, 2020 March 31, 2019 Foreclosed and repossessed assets held for sale $ (96) $ (229) Total losses on assets measured on a non-recurring basis $ (96) $ (229)

Note 12_ Fair Value Measureme_5

Note 12: Fair Value Measurements: Fair Value Option, Disclosures (Tables)	9 Months Ended
	Mar. 31, 2020
Tables/Schedules
Fair Value Option, Disclosures	(dollars in thousands) Fair value at March 31, 2020 Valuation Unobservable Range of Weighted- Nonrecurring Measurements Foreclosed and repossessed $553 Third party appraisal Marketability discount 0.0% - 46.1% 20.6% (dollars in thousands) Fair value at Valuation Unobservable Range of Weighted Nonrecurring Measurements Foreclosed and repossessed $2,430 Third party appraisal Marketability discount 5.1% - 77.0% 35.2%

Note 12_ Fair Value Measureme_6

Note 12: Fair Value Measurements: Schedule of Financial Instruments (Tables)	9 Months Ended
	Mar. 31, 2020
Tables/Schedules
Schedule of Financial Instruments	March 31, 2020 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 $ 56,105 $ 56,105 $ - $ - Interest-bearing time deposits 973 - 973 - Stock in FHLB 8,701 - 8,701 - Stock in Federal Reserve Bank of St. Louis 4,353 - 4,353 - Loans receivable, net 1,967,820 - - 1,958,438 Accrued interest receivable 9,754 - 9,754 - Financial liabilities Deposits 1,971,647 1,316,854 - 655,493 Securities sold under agreements to repurchase - - - - Advances from FHLB 123,361 - 125,330 - Note payable 3,000 - - 3,000 Accrued interest payable 1,753 - 1,753 - Subordinated debt 15,118 - - 9,855 Unrecognized financial instruments (net of contract amount) Commitments to originate loans - - - - Letters of credit - - - - Lines of credit - - - - June 30, 2019 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 $ 35,400 $ 35,400 $ - $ - Interest-bearing time deposits 969 - 969 - Stock in FHLB 5,233 - 5,233 - Stock in Federal Reserve Bank of St. Louis 4,350 - 4,350 - Loans receivable, net 1,846,405 - - 1,823,040 Accrued interest receivable 10,189 - 10,189 - Financial liabilities Deposits 1,893,695 1,214,606 - 678,301 Securities sold under agreements to repurchase 4,376 - 4,376 - Advances from FHLB 44,908 - 45,547 - Note payable 3,000 - - 3,000 Accrued interest payable 2,099 - 2,099 - Subordinated debt 15,043 - - 15,267 Unrecognized financial instruments (net of contract amount) Commitments to originate loans - - - - Letters of credit - - - - Lines of credit - - - -

Note 2_ Organization and Sum_22

Note 2: Organization and Summary of Significant Accounting Policies: Organization, Consolidation and Presentation of Financial Statements Disclosure and Significant Accounting Policies (Details) $ in Millions	9 Months Ended
	Mar. 31, 2020USD ($)
Details
Entity Incorporation, State or Country Code	MO
Real Estate Investments, Net	$ 758

Note 2_ Organization and Sum_23

Note 2: Organization and Summary of Significant Accounting Policies: Intangible Assets, Finite-Lived, Policy (Details) - USD ($)	Mar. 31, 2020	Jun. 30, 2019	Mar. 31, 2020	Mar. 31, 2020	Jun. 30, 2019	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Details
Finite-Lived Core Deposits, Gross	$ 14,700,000	$ 14,700,000	$ 14,700,000	$ 14,700,000	$ 14,700,000
Finite-Lived Intangible Assets, Accumulated Amortization	8,200,000	6,900,000	8,200,000	$ 8,200,000	6,900,000
Amortization of Mortgage Servicing Rights (MSRs)	$ 987	$ 1,500,000
Core Deposits and Intangible Assets, Remaining Amortization Period				periods ranging from five to seven years
Finite-Lived Intangible Asset, Expected Amortization, Remainder of Fiscal Year										$ 441
Finite-Lived Intangible Asset, Expected Amortization, Year Two						$ 1,300,000	$ 1,300,000	$ 1,300,000	$ 1,300,000
Finite-Lived Intangible Asset, Expected Amortization, after Year Five						$ 1,000,000
Impairment of Intangible Assets, Finite-lived			$ 0		$ 0

Note 3_ Securities_ Schedule _2

Note 3: Securities: Schedule of Available for Sale Securities (Details) - USD ($)	Mar. 31, 2020	Jun. 30, 2019
Other Securities
Available-for-sale Securities, Amortized Cost Basis	$ 5,168	$ 5,176
Available for sale Securities Gross Unrealized Gain	38	75
Available For Sale Securities Gross Unrealized Losses	(242)	(198)
Available-for-sale Securities Estimated Fair Value	4,964	5,053
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises
Available-for-sale Securities, Amortized Cost Basis	131,624	109,297
Available for sale Securities Gross Unrealized Gain	3,351	1,449
Available For Sale Securities Gross Unrealized Losses	(233)	(317)
Available-for-sale Securities Estimated Fair Value	134,742	110,429
Total investments and mortgage-backed securities
Available-for-sale Securities, Amortized Cost Basis	178,604	163,880
Available for sale Securities Gross Unrealized Gain	3,673	2,253
Available For Sale Securities Gross Unrealized Losses	(1,685)	(598)
Available-for-sale Securities Estimated Fair Value	180,592	165,535
US Government-sponsored Enterprises Debt Securities
Available-for-sale Securities, Amortized Cost Basis	2,294	7,284
Available for sale Securities Gross Unrealized Gain	9	1
Available For Sale Securities Gross Unrealized Losses	0	(15)
Available-for-sale Securities Estimated Fair Value	2,303	7,270
US States and Political Subdivisions Debt Securities
Available-for-sale Securities, Amortized Cost Basis	39,518	42,123
Available for sale Securities Gross Unrealized Gain	275	728
Available For Sale Securities Gross Unrealized Losses	(1,210)	(68)
Available-for-sale Securities Estimated Fair Value	$ 38,583	$ 42,783

Note 3_ Securities_ Investmen_2

Note 3: Securities: Investments Classified by Contractual Maturity Date (Details)	Mar. 31, 2020USD ($)
Details
Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, Year One	$ 3,024
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, Year One	3,020
Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, after Year One Through Five	10,613
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year One Through Five	10,428
Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, after Year 5 Through 10	13,327
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year 5 Through 10	12,884
Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, after Year 10	20,106
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year 10	19,518
Debt and equity securities amortized cost	46,980
Debt and equity securities fair value	45,850
Mortgage-backed securities GSE residential amortized cost	131,624
Mortgage-backed securities GSE residential fair value	134,742
Debt Securities, Available-for-sale, Maturity, without Single Maturity Date, Amortized Cost	178,604
Debt Securities, Available-for-sale, Maturity, without Single Maturity Date, Fair Value	$ 180,592

Note 3_ Securities_ Repurchas_2

Note 3: Securities: Repurchase Agreements, Collateral, Policy (Details) - USD ($)	Mar. 31, 2020	Jun. 30, 2019
Assets Sold under Agreements to Repurchase, Carrying Amount	$ 130,100,000	$ 143,700,000
U.S. Government and Federal Agency Obligations
Assets Sold under Agreements to Repurchase, Carrying Amount	1,300,000	5,600,000
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises
Assets Sold under Agreements to Repurchase, Carrying Amount	50,800,000	47,300,000
Collateralized Mortgage Obligations
Assets Sold under Agreements to Repurchase, Carrying Amount	44,700,000	55,700,000
US States and Political Subdivisions Debt Securities
Assets Sold under Agreements to Repurchase, Carrying Amount	33,000,000	34,900,000
Other Securities
Assets Sold under Agreements to Repurchase, Carrying Amount	$ 200	$ 300

Note 3_ Securities_ Available_2

Note 3: Securities: Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value (Details) - USD ($)	Mar. 31, 2020	Jun. 30, 2019
US States and Political Subdivisions Debt Securities
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	$ 26,497	$ 0
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	1,210	0
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	0	8,531
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	0	68
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	26,497	8,531
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	1,210	68
Other Debt Obligations
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	0	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	931	985
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	242	198
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	931	985
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	242	198
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	15,513	1,175
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	227	1
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	1,375	34,148
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	6	316
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	16,888	35,323
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	233	317
Total investments and mortgage-backed securities
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	42,010	1,175
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	1,437	1
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	2,306	50,633
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	248	597
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	44,316	51,808
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	$ 1,685	598
US Government-sponsored Enterprises Debt Securities
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value		0
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss		0
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value		6,969
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss		15
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value		6,969
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss		$ 15

Note 3_ Securities_ Other Sec_2

Note 3: Securities: Other Securities Policy: Pooled Trust Preferred Securities (Details)	Mar. 31, 2020USD ($)
Details
Number of Pooled Trust Preferred Securities	2
Fair Value of Pooled Trust Preferred Securities Held	$ 737
Unrealized Losses on Pooled Trust Preferred Securities in a Continuous Unrealized Loss Position for 12 Months or More	$ 237

Note 4_ Loans and Allowance _16

Note 4: Loans and Allowance for Loan Losses: Schedule of Accounts, Notes, Loans and Financing Receivable (Details) - USD ($)	Mar. 31, 2020	Jun. 30, 2019
Loans Receivable, Gross
Loans Receivable	$ 2,062,482	$ 1,909,464
Loans in process
Loans Receivable	(71,152)	(43,153)
Deferred loan fees, net
Loans Receivable	(2)	(3)
Allowance for loan losses
Loans Receivable	(23,508)	(19,903)
Loans Receivable
Loans Receivable	1,967,820	1,846,405
Consumer Loan
Loans Receivable	94,645	97,534
Commercial Loan
Loans Receivable	327,587	355,874
Residential Mortgage
Loans Receivable	583,776	491,992
Construction Real Estate
Loans Receivable	163,205	123,287
Commercial Real Estate
Loans Receivable	$ 893,269	$ 840,777

Note 4_ Loans and Allowance _17

Note 4: Loans and Allowance for Loan Losses: Construction Lending Policy: Construction Loans Modified for other than TDR (Details) - Construction Loans $ in Millions	Mar. 31, 2020USD ($)	Jun. 30, 2019USD ($)
Number of Loans Modified for Other Than TDR	73	59
Amount of Loans Modified for Other Than TDR	$ 33.4	$ 27.2
Covid 19
Amount of Loans Modified for Other Than TDR	$ 4.7

Note 4_ Loans and Allowance _18

Note 4: Loans and Allowance for Loan Losses: Schedule of Balance in the Allowance for Loan Losses and Recorded Investment (Details) - USD ($)	Jun. 30, 2019	Mar. 31, 2020	Mar. 31, 2019	Mar. 31, 2020	Mar. 31, 2019
Loans Receivable
Financing Receivable, Credit Loss, Expense (Reversal)		$ 2,850	$ 491	$ 4,134	$ 1,486
Allowance for Loan and Lease Losses, Write-offs		(190)	(97)	(607)	(293)
Accounts Receivable, Allowance for Credit Loss, Recovery		34	17	78	27
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	$ 0	0	0	0	0
Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment	19,903	23,508	19,434	23,508	19,434
Financing Receivables Allowance for Credit Losses Acquired with Deteriorated Credit Quality	0			0	0
Financing Receivable, Individually Evaluated for Impairment	0	0		0
Financing Receivable, Collectively Evaluated for Impairment	1,837,763	1,967,732		1,967,732
Financing Receivables Acquired with Deteriorated Credit Quality	28,548			23,598
Loans Receivable | Beginning of Period
Allowance for Loan Losses	19,903	20,814	19,023	19,903	18,214
Loans Receivable | End of Period
Allowance for Loan Losses		23,508	19,434	23,508	19,434
Consumer Loan
Financing Receivable, Credit Loss, Expense (Reversal)		64	30	156	110
Allowance for Loan and Lease Losses, Write-offs		(19)	(27)	(117)	(47)
Accounts Receivable, Allowance for Credit Loss, Recovery		7	3	17	8
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	0	0	0	0	0
Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment	1,046	1,102	973	1,102	973
Financing Receivables Allowance for Credit Losses Acquired with Deteriorated Credit Quality	0			0	0
Financing Receivable, Individually Evaluated for Impairment	0	0		0
Financing Receivable, Collectively Evaluated for Impairment	97,534	94,645		94,645
Financing Receivables Acquired with Deteriorated Credit Quality	0			0
Consumer Loan | Beginning of Period
Allowance for Loan Losses	1,046	1,050	967	1,046	902
Consumer Loan | End of Period
Allowance for Loan Losses		1,102	973	1,102	973
Commercial Loan
Financing Receivable, Credit Loss, Expense (Reversal)		70	(186)	397	(99)
Allowance for Loan and Lease Losses, Write-offs		(26)	(31)	(173)	(78)
Accounts Receivable, Allowance for Credit Loss, Recovery		27	1	28	2
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	0	0	0	0	0
Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment	4,387	4,639	4,021	4,639	4,021
Financing Receivables Allowance for Credit Losses Acquired with Deteriorated Credit Quality	0			0	0
Financing Receivable, Individually Evaluated for Impairment	0	0		0
Financing Receivable, Collectively Evaluated for Impairment	349,681	321,858		321,858
Financing Receivables Acquired with Deteriorated Credit Quality	6,193			5,729
Commercial Loan | Beginning of Period
Allowance for Loan Losses	4,387	4,568	4,237	4,387	4,196
Commercial Loan | End of Period
Allowance for Loan Losses		4,639	4,021	4,639	4,021
Construction Loan Payable
Financing Receivable, Credit Loss, Expense (Reversal)		(46)	59	246	153
Allowance for Loan and Lease Losses, Write-offs		0	0	0	0
Accounts Receivable, Allowance for Credit Loss, Recovery		0	0	0	0
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	0	0	0	0	0
Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment	1,365	1,611	1,250	1,611	1,250
Financing Receivables Allowance for Credit Losses Acquired with Deteriorated Credit Quality	0			0	0
Financing Receivable, Individually Evaluated for Impairment	0	0		0
Financing Receivable, Collectively Evaluated for Impairment	78,826	90,764		90,764
Financing Receivables Acquired with Deteriorated Credit Quality	1,308			1,289
Construction Loan Payable | Beginning of Period
Allowance for Loan Losses	1,365	1,657	1,191	1,365	1,097
Construction Loan Payable | End of Period
Allowance for Loan Losses		1,611	1,250	1,611	1,250
Residential Real Estate
Financing Receivable, Credit Loss, Expense (Reversal)		1,035	196	1,195	612
Allowance for Loan and Lease Losses, Write-offs		(133)	(18)	(305)	(27)
Accounts Receivable, Allowance for Credit Loss, Recovery		0	12	18	12
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	0	0	0	0	0
Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment	3,706	4,614	3,823	4,614	3,823
Financing Receivables Allowance for Credit Losses Acquired with Deteriorated Credit Quality	0			0	0
Financing Receivable, Individually Evaluated for Impairment	0	0		0
Financing Receivable, Collectively Evaluated for Impairment	490,307	582,496		582,496
Financing Receivables Acquired with Deteriorated Credit Quality	1,685			1,280
Residential Real Estate | Beginning of Period
Allowance for Loan Losses	3,706	3,712	3,633	3,706	3,226
Residential Real Estate | End of Period
Allowance for Loan Losses		4,614	3,823	4,614	3,823
Commercial Real Estate
Financing Receivable, Credit Loss, Expense (Reversal)		1,727	392	2,140	710
Allowance for Loan and Lease Losses, Write-offs		(12)	(21)	(12)	(141)
Accounts Receivable, Allowance for Credit Loss, Recovery		0	1	15	5
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	0	0	0	0	0
Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment	9,399	11,542	9,367	11,542	9,367
Financing Receivables Allowance for Credit Losses Acquired with Deteriorated Credit Quality	0			0	0
Financing Receivable, Individually Evaluated for Impairment	0	0		0
Financing Receivable, Collectively Evaluated for Impairment	821,415	877,969		877,969
Financing Receivables Acquired with Deteriorated Credit Quality	19,362			15,300
Commercial Real Estate | Beginning of Period
Allowance for Loan Losses	$ 9,399	9,827	8,995	9,399	8,793
Commercial Real Estate | End of Period
Allowance for Loan Losses		$ 11,542	$ 9,367	$ 11,542	$ 9,367

Note 4_ Loans and Allowance _19

Note 4: Loans and Allowance for Loan Losses: Financing Receivable Credit Quality Indicators (Details) - USD ($)	Mar. 31, 2020	Jun. 30, 2019
Consumer Loan | Pass
Financing Receivable Credit Quality Indicators	$ 94,331	$ 97,012
Consumer Loan | Watch
Financing Receivable Credit Quality Indicators	66	170
Consumer Loan | Special Mention
Financing Receivable Credit Quality Indicators	25	26
Consumer Loan | Substandard
Financing Receivable Credit Quality Indicators	223	291
Consumer Loan | Doubtful
Financing Receivable Credit Quality Indicators	0	35
Consumer Loan | Total by Credit Quality Indicator
Financing Receivable Credit Quality Indicators	94,645	97,534
Commercial Loan | Pass
Financing Receivable Credit Quality Indicators	315,631	341,069
Commercial Loan | Watch
Financing Receivable Credit Quality Indicators	4,811	7,802
Commercial Loan | Special Mention
Financing Receivable Credit Quality Indicators	0	0
Commercial Loan | Substandard
Financing Receivable Credit Quality Indicators	7,145	7,003
Commercial Loan | Doubtful
Financing Receivable Credit Quality Indicators	0	0
Commercial Loan | Total by Credit Quality Indicator
Financing Receivable Credit Quality Indicators	327,587	355,874
Construction Loan Payable | Pass
Financing Receivable Credit Quality Indicators	92,053	80,134
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	0	0
Construction Loan Payable | Doubtful
Financing Receivable Credit Quality Indicators	0	0
Construction Loan Payable | Total by Credit Quality Indicator
Financing Receivable Credit Quality Indicators	92,053	80,134
Residential Real Estate | Pass
Financing Receivable Credit Quality Indicators	576,953	482,869
Residential Real Estate | Watch
Financing Receivable Credit Quality Indicators	1,036	1,236
Residential Real Estate | Special Mention
Financing Receivable Credit Quality Indicators	0	103
Residential Real Estate | Substandard
Financing Receivable Credit Quality Indicators	5,787	7,784
Residential Real Estate | Doubtful
Financing Receivable Credit Quality Indicators	0	0
Residential Real Estate | Total by Credit Quality Indicator
Financing Receivable Credit Quality Indicators	583,776	491,992
Commercial Real Estate | Pass
Financing Receivable Credit Quality Indicators	855,056	802,479
Commercial Real Estate | Watch
Financing Receivable Credit Quality Indicators	22,229	21,693
Commercial Real Estate | Special Mention
Financing Receivable Credit Quality Indicators	753	3,463
Commercial Real Estate | Substandard
Financing Receivable Credit Quality Indicators	14,343	13,142
Commercial Real Estate | Doubtful
Financing Receivable Credit Quality Indicators	888	0
Commercial Real Estate | Total by Credit Quality Indicator
Financing Receivable Credit Quality Indicators	$ 893,269	$ 840,777

Note 4_ Loans and Allowance _20

Note 4: Loans and Allowance for Loan Losses: Purchased Credit Impaired Loans Credit Quality Indicators (Details) - USD ($)	Mar. 31, 2020	Jun. 30, 2019
Pass
Purchased Credit Impaired Loans	$ 6,000,000	$ 6,900,000
Watch
Purchased Credit Impaired Loans	10,500,000	10,400,000
Special Mention
Purchased Credit Impaired Loans	0	0
Substandard
Purchased Credit Impaired Loans	7,100,000	11,200,000
Doubtful
Purchased Credit Impaired Loans	$ 0	$ 0

Note 4_ Loans and Allowance _21

Note 4: Loans and Allowance for Loan Losses (Details)	Mar. 31, 2020USD ($)	Jun. 30, 2019USD ($)	Mar. 31, 2020USD ($)
Financing Receivable, Credit Quality, Additional Information			lending relationships of $2 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 $1 million (exclusive of single-family residential real estate loans) are subject to an independent loan review annually, in order to verify risk ratings
Foreclosed residential real estate properties physical possession	$ 679	$ 752	$ 679
Residential mortgage loans and home equity loans formal foreclosure proceedings in process	592	493	592
Loans Without a Specific Valuation Allowance
Purchased Credit Impaired Loans	$ 23,600,000	$ 28,500,000	$ 23,600,000
Financial Asset, Equal to or Greater than 90 Days Past Due
Number of Purchased Credit Impaired Loans	0	3,100,000

Note 4_ Loans and Allowance _22

Note 4: Loans and Allowance for Loan Losses: Schedule of Loan Portfolio Aging Analysis (Details) - USD ($)	Mar. 31, 2020	Jun. 30, 2019
Financing Receivables Past Due
Financing Receivable Recorded Investment	$ 15,932	$ 11,610
Financing Receivables Past Due | Consumer Loan
Financing Receivable Recorded Investment	1,124	350
Financing Receivables Past Due | Commercial Loan
Financing Receivable Recorded Investment	2,461	2,351
Financing Receivables Past Due | Construction Loan Payable
Financing Receivable Recorded Investment	225	0
Financing Receivables Past Due | Residential Real Estate
Financing Receivable Recorded Investment	4,157	2,995
Financing Receivables Past Due | Commercial Real Estate
Financing Receivable Recorded Investment	7,965	5,914
Loans Receivable
Financing Receivable Recorded Investment	1,991,330	1,866,311
Loans Receivable | Consumer Loan
Financing Receivable Recorded Investment	94,645	97,534
Loans Receivable | Commercial Loan
Financing Receivable Recorded Investment	327,587	355,874
Loans Receivable | Construction Loan Payable
Financing Receivable Recorded Investment	92,053	80,134
Loans Receivable | Residential Real Estate
Financing Receivable Recorded Investment	583,776	491,992
Loans Receivable | Commercial Real Estate
Financing Receivable Recorded Investment	893,269	840,777
Financial Asset, 30 to 59 Days Past Due | Consumer Loan
Financing Receivable Recorded Investment	783	128
Financial Asset, 30 to 59 Days Past Due | Commercial Loan
Financing Receivable Recorded Investment	2,033	424
Financial Asset, 30 to 59 Days Past Due | Construction Loan Payable
Financing Receivable Recorded Investment	222	0
Financial Asset, 30 to 59 Days Past Due | Residential Real Estate
Financing Receivable Recorded Investment	2,391	227
Financial Asset, 30 to 59 Days Past Due | Commercial Real Estate
Financing Receivable Recorded Investment	3,256	296
Financial Asset, 30 to 59 Days Past Due | Total Loans
Financing Receivable Recorded Investment	8,685	1,075
Financial Asset, 60 to 89 Days Past Due | Consumer Loan
Financing Receivable Recorded Investment	79	46
Financial Asset, 60 to 89 Days Past Due | Commercial Loan
Financing Receivable Recorded Investment	164	25
Financial Asset, 60 to 89 Days Past Due | Construction Loan Payable
Financing Receivable Recorded Investment	3	0
Financial Asset, 60 to 89 Days Past Due | Residential Real Estate
Financing Receivable Recorded Investment	498	1,054
Financial Asset, 60 to 89 Days Past Due | Commercial Real Estate
Financing Receivable Recorded Investment	138	1
Financial Asset, 60 to 89 Days Past Due | Total Loans
Financing Receivable Recorded Investment	882	1,126
Financial Asset, Equal to or Greater than 90 Days Past Due | Consumer Loan
Financing Receivable Recorded Investment	262	176
Financial Asset, Equal to or Greater than 90 Days Past Due | Commercial Loan
Financing Receivable Recorded Investment	264	1,902
Financial Asset, Equal to or Greater than 90 Days Past Due | Construction Loan Payable
Financing Receivable Recorded Investment	0	0
Financial Asset, Equal to or Greater than 90 Days Past Due | Residential Real Estate
Financing Receivable Recorded Investment	1,268	1,714
Financial Asset, Equal to or Greater than 90 Days Past Due | Commercial Real Estate
Financing Receivable Recorded Investment	4,571	5,617
Financial Asset, Equal to or Greater than 90 Days Past Due | Total Loans
Financing Receivable Recorded Investment	6,365	9,409
Financing Receivables Current | Consumer Loan
Financing Receivable Recorded Investment	93,521	97,184
Financing Receivables Current | Commercial Loan
Financing Receivable Recorded Investment	325,126	353,523
Financing Receivables Current | Construction Loan Payable
Financing Receivable Recorded Investment	91,828	80,134
Financing Receivables Current | Residential Real Estate
Financing Receivable Recorded Investment	579,619	488,997
Financing Receivables Current | Commercial Real Estate
Financing Receivable Recorded Investment	885,304	834,863
Financing Receivables Current | Total Loans
Financing Receivable Recorded Investment	1,975,398	1,854,701
Financing Receivables Greater Than 90 Days Past Due and Still Accruing | Consumer Loan
Financing Receivable Recorded Investment	0	0
Financing Receivables Greater Than 90 Days Past Due and Still Accruing | Commercial Loan
Financing Receivable Recorded Investment	0	0
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 | Residential Real Estate
Financing Receivable Recorded Investment	0	0
Financing Receivables Greater Than 90 Days Past Due and Still Accruing | Commercial Real Estate
Financing Receivable Recorded Investment	0	0
Financing Receivables Greater Than 90 Days Past Due and Still Accruing | Total Loans
Financing Receivable Recorded Investment	$ 0	$ 0

Note 4_ Loans and Allowance _23

Note 4: Loans and Allowance for Loan Losses: CARES Act (Details) - Covid 19	3 Months Ended
	Mar. 31, 2020USD ($)
Commercial Loan
Temporarily suspended loans	$ 200
Consumer Loan
Temporarily suspended loans	9
Residential Real Estate
Temporarily suspended loans	240
Financing Receivables Current
Temporarily suspended loans	$ 89,600,000

Note 4_ Loans and Allowance _24

Note 4: Loans and Allowance for Loan Losses: Impaired Loans (Details) - USD ($)	Mar. 31, 2020	Jun. 30, 2019
Consumer Loan
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	$ 0	$ 8
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance	0	8
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
Impaired Financing Receivable With and Without Related Allowance Recorded Investment	0	8
Impaired Financial Receivable With and Without Related Allowance Unpaid Principal Balance	0	8
Impaired Financing Receivable With and Without Related Allowance Specific Allowance	0	0
Commercial Loan
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	6,442	6,999
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance	7,689	9,187
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	6,442	6,999
Impaired Financial Receivable With and Without Related Allowance Unpaid Principal Balance	7,689	9,187
Impaired Financing Receivable With and Without Related Allowance Specific Allowance	0	0
Construction Loan Payable
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	1,288	1,330
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance	1,323	1,419
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	1,288	1,330
Impaired Financial Receivable With and Without Related Allowance Unpaid Principal Balance	1,323	1,419
Impaired Financing Receivable With and Without Related Allowance Specific Allowance	0	0
Residential Real Estate
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	4,026	5,104
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance	4,263	5,341
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	4,026	5,104
Impaired Financial Receivable With and Without Related Allowance Unpaid Principal Balance	4,263	5,341
Impaired Financing Receivable With and Without Related Allowance Specific Allowance	0	0
Commercial Real Estate
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	21,572	26,410
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance	25,828	31,717
Impaired Financing Receivable With No Related Allowance Specific Allowance		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	21,572	26,410
Impaired Financial Receivable With and Without Related Allowance Unpaid Principal Balance	25,828	31,717
Impaired Financing Receivable With and Without Related Allowance Specific Allowance	$ 0	$ 0

Note 4_ Loans and Allowance _25

Note 4: Loans and Allowance for Loan Losses: Schedule of Interest Income Recognized on Impaired Loans (Details) - USD ($)	3 Months Ended		9 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Mar. 31, 2020	Mar. 31, 2019
Total Loans
Impaired Financing Receivable, Average Recorded Investment	$ 23,855	$ 28,383	$ 25,185	$ 20,534
Impaired Financing Receivable Interest Income Recognized	476	567	1,494	2,287
Consumer Loan
Impaired Financing Receivable, Average Recorded Investment	0	0	0	0
Impaired Financing Receivable Interest Income Recognized	0	0	0	0
Commercial Loan
Impaired Financing Receivable, Average Recorded Investment	5,909	5,805	5,860	3,716
Impaired Financing Receivable Interest Income Recognized	115	100	329	818
Construction Loan Payable
Impaired Financing Receivable, Average Recorded Investment	1,292	1,292	1,299	1,294
Impaired Financing Receivable Interest Income Recognized	30	48	114	190
Residential Real Estate
Impaired Financing Receivable, Average Recorded Investment	1,288	1,830	1,482	2,181
Impaired Financing Receivable Interest Income Recognized	22	28	67	89
Commercial Real Estate
Impaired Financing Receivable, Average Recorded Investment	15,366	19,456	16,544	13,343
Impaired Financing Receivable Interest Income Recognized	$ 309	$ 391	$ 984	$ 1,190

Note 4_ Loans and Allowance _26

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 ($)	3 Months Ended		9 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Mar. 31, 2020	Mar. 31, 2019
Details
Loans and Leases Receivable, Impaired, Interest Income Recognized, Change in Present Value Attributable to Passage of Time	$ 47	$ 115	$ 210	$ 1,200,000

Note 4_ Loans and Allowance _27

Note 4: Loans and Allowance for Loan Losses: Schedule of Financing Receivables, Non Accrual Status (Details) - USD ($)	Mar. 31, 2020	Jun. 30, 2019
Total Loans
Loans and Leases Receivable, Nonperforming, Nonaccrual of Interest	$ 11,428	$ 21,013
Consumer Loan
Loans and Leases Receivable, Nonperforming, Nonaccrual of Interest	269	309
Commercial Loan
Loans and Leases Receivable, Nonperforming, Nonaccrual of Interest	697	3,424
Construction Loan Payable
Loans and Leases Receivable, Nonperforming, Nonaccrual of Interest	0	0
Residential Real Estate
Loans and Leases Receivable, Nonperforming, Nonaccrual of Interest	4,524	6,404
Commercial Real Estate
Loans and Leases Receivable, Nonperforming, Nonaccrual of Interest	$ 5,938	$ 10,876

Note 4_ Loans and Allowance _28

Note 4: Loans and Allowance for Loan Losses: Purchased Credit Impaired Loans Nonaccrual (Details) - USD ($)	Mar. 31, 2020	Jun. 30, 2019
Included in Nonaccrual Loans
Purchased Credit Impaired Loans	$ 0	$ 4,100,000

Note 4_ Loans and Allowance _29

Note 4: Loans and Allowance for Loan Losses: Schedule of Debtor Troubled Debt Restructuring, Current Period (Details)	3 Months Ended		6 Months Ended
	Mar. 31, 2020USD ($)	Mar. 31, 2019USD ($)	Mar. 31, 2020USD ($)	Mar. 31, 2019USD ($)
Total Loans
Number of modifications	0	8	0	18
Recorded investment	$ 0	$ 9,665	$ 0	$ 12,454
Consumer Loan
Number of modifications	0	0	0	0
Recorded investment	$ 0	$ 0	$ 0	$ 0
Commercial Loan
Number of modifications	0	3	0	5
Recorded investment	$ 0	$ 3,881	$ 0	$ 3,899
Construction Loan Payable
Number of modifications	0	0	0	0
Recorded investment	$ 0	$ 0	$ 0	$ 0
Residential Real Estate
Number of modifications	0	0	0	1
Recorded investment	$ 0	$ 0	$ 0	$ 702
Commercial Real Estate
Number of modifications	0	5	0	12
Recorded investment	$ 0	$ 5,784	$ 0	$ 7,853

Note 4_ Loans and Allowance _30

Note 4: Loans and Allowance for Loan Losses: Performing Loans Classified as Troubled Debt Restructuring Loans (Details)	3 Months Ended		6 Months Ended		12 Months Ended
	Mar. 31, 2020USD ($)	Mar. 31, 2019	Mar. 31, 2020	Mar. 31, 2019	Jun. 30, 2019USD ($)
Consumer Loan
Number of modifications	0	0	0	0
Commercial Loan
Number of modifications	0	3	0	5
Construction Loan Payable
Number of modifications	0	0	0	0
Residential Real Estate
Number of modifications	0	0	0	1
Commercial Real Estate
Number of modifications	0	5	0	12
Performing Loans
Number of modifications	35				40
Recorded Investment	$ 14,196
Recorded Investment					$ 13,289
Performing Loans | Consumer Loan
Number of modifications	0				0
Recorded Investment	$ 0
Recorded Investment					$ 0
Performing Loans | Commercial Loan
Number of modifications	9				10
Recorded Investment	$ 5,543
Recorded Investment					$ 5,630
Performing Loans | Construction Loan Payable
Number of modifications	0				0
Recorded Investment	$ 0
Recorded Investment					$ 0
Performing Loans | Residential Real Estate
Number of modifications	10				10
Recorded Investment	$ 1,002
Recorded Investment					$ 1,130
Performing Loans | Commercial Real Estate
Number of modifications	16				20
Recorded Investment	$ 7,651
Recorded Investment					$ 6,529
Total Loans
Number of modifications	0	8	0	18

Note 5_ Accounting For Certai_4

Note 5: Accounting For Certain Loans Acquired in A Transfer: Schedule of Acquired Loans With Credit Deterioration (Details) - USD ($)		Mar. 31, 2020	Jun. 30, 2019
Outstanding Balance
Certain Loans and Debt Securities Acquired in Transfer, Allowance for Credit Losses Due to Subsequent Impairment		$ 29,372	$ 36,368
Carrying Amount of Acquired Loans
Certain Loans and Debt Securities Acquired in Transfer, Allowance for Credit Losses Due to Subsequent Impairment	[1]	23,598	28,547
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		6,976	8,381
Construction Loan Payable
Certain Loans and Debt Securities Acquired in Transfer, Allowance for Credit Losses Due to Subsequent Impairment		1,323	1,397
Residential Real Estate
Certain Loans and Debt Securities Acquired in Transfer, Allowance for Credit Losses Due to Subsequent Impairment		1,516	1,921
Commercial Real Estate
Certain Loans and Debt Securities Acquired in Transfer, Allowance for Credit Losses Due to Subsequent Impairment		$ 19,557	$ 24,669
[1]	Fair value adjustment of $5,774 and $7,821 at March 31, 2020 and June 30, 2019, respectively.

Note 5_ Accounting For Certai_5

Note 5: Accounting For Certain Loans Acquired in A Transfer: Schedule of Acquired Loans in Transfer Accretable Yield (Details) - USD ($)	3 Months Ended		6 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Mar. 31, 2020	Mar. 31, 2019
Details
Balance at beginning of period	$ 187	$ 371	$ 220	$ 589
Certain Loans Acquired In Transfer Accretable Yield Additions	0	0	0	102
Certain Loans Acquired In Transfer Accretable Yield Accretion	(47)	(114)	(210)	(1,203)
Certain Loans Acquired In Transfer Accretable Yield Reclassification from Nonaccretable Difference	72	55	202	1,028
Certain Loans Acquired In Transfer Accretable Yield Disposals	0	0	0	(204)
Balance at end of period	$ 212	$ 312	$ 212	$ 312

NOTE 6_ Premises and Equipmen_5

NOTE 6: Premises and Equipment: Property, Plant and Equipment (Details) - USD ($)	Mar. 31, 2020	Jun. 30, 2019
Details
Land	$ 12,383	$ 12,414
Buildings and improvements	54,571	54,304
Construction in progress	1,110	466
Furniture, fixtures, equipment and software	18,126	16,514
Automobiles	120	107
Operating leases RIO assets	1,980	0
Property, Plant and Equipment, Gross	88,290	83,805
Less accumulated depreciation	23,585	21,078
Premises and equipment, net	$ 64,705	$ 62,727

NOTE 6_ Premises and Equipmen_6

NOTE 6: Premises and Equipment: Lessee, Operating Lease, Disclosure (Details)	Mar. 31, 2020USD ($)
Details
Initial Leases and Lease Modifications and Renewals	$ 437
Finance Lease, Right-of-Use Asset, after Accumulated Amortization	$ 1,600,000

NOTE 6_ Premises and Equipmen_7

NOTE 6: Premises and Equipment: Expected Lease Terms (Details)	9 Months Ended
	Mar. 31, 2020
Operating Lease, Weighted Average Discount Rate, Percent	5.00%
Minimum
Lessee Expected Lease Terms	18 months
Maximum
Lessee Expected Lease Terms	20 years

NOTE 6_ Premises and Equipmen_8

NOTE 6: Premises and Equipment: Calculated Amount of Right of Use Assets and Lease Liabilities (Details) - USD ($)		9 Months Ended
		Mar. 31, 2020	Mar. 31, 2019
ROU assets obtained in exchange for operating lease obligations:		$ 1,996	$ 0
Consolidated Balance Sheet
Right of Use Asset, Operating Leases		1,980
Liability, Operating Leases		1,980
Consolidated Statement of Income
Operating Lease Costs Classified as Occupancy and Equipment Expense	[1]	153
Supplemental disclosures of cash flow information
ROU assets obtained in exchange for operating lease obligations:		2,004
Supplemental disclosures of cash flow information | Cash paid for amounts included in the measurement of lease liabilities
Operating Cash Flows from Operating Leases		$ 116
[1]	Includes short-term lease costs.

NOTE 6_ Premises and Equipmen_9

NOTE 6: Premises and Equipment: Operating Lease Expense (Details) - USD ($)	3 Months Ended		9 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Mar. 31, 2020	Mar. 31, 2019
Details
Operating Lease, Expense	$ 44	$ 50	$ 153	$ 179

NOTE 6_ Premises and Equipme_10

NOTE 6: Premises and Equipment: Schedule of Future Minimum Rental Payments for Operating Leases (Details)	Mar. 31, 2020USD ($)
Details
Operating Leases, Future Minimum Payments, Remainder of Fiscal Year	$ 39
Operating Leases, Future Minimum Payments Due, Next Twelve Months	269
Operating Leases, Future Minimum Payments, Due in Two Years	243
Operating Leases, Future Minimum Payments, Due in Three Years	243
Operating Leases, Future Minimum Payments, Due in Four Years	243
Operating Leases, Future Minimum Payments, Due in Five Years	243
Operating Leases, Future Minimum Payments, Due Thereafter	1,627
Operating Lease, Payments	$ 2,907

NOTE 6_ Premises and Equipme_11

NOTE 6: Premises and Equipment: Lessor Agreements (Details) - USD ($)	3 Months Ended	9 Months Ended
	Mar. 31, 2020	Mar. 31, 2020
Details
Income Recognized From Lessor Agreements	$ 80	$ 242

Note 7_ Deposits_ Schedule of_2

Note 7: Deposits: Schedule of Deposit Liabilities (Details) - USD ($)	Mar. 31, 2020	Jun. 30, 2019
Details
Noninterest-bearing Deposit Liabilities	$ 233,268	$ 218,889
Deposits, Negotiable Order of Withdrawal (NOW)	703,733	639,219
Deposits, Money Market Deposits	215,557	188,355
Deposits, Savings Deposits	165,268	167,973
Interest-bearing Domestic Deposit, Certificates of Deposits	653,821	679,259
Deposits, Domestic	$ 1,971,647	$ 1,893,695

Note 8_ Earnings Per Share_ S_2

Note 8: Earnings Per Share: Schedule of Earnings Per Share, Basic and Diluted (Details) - USD ($)	3 Months Ended		6 Months Ended		9 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Mar. 31, 2020	Mar. 31, 2019	Mar. 31, 2020	Mar. 31, 2019
Details
Net income available to common shareholders	$ 5,099	$ 7,094	$ 20,644	$ 21,348
Weighted Average Number of Shares Outstanding, Basic	9,197,370	9,323,348	9,210,559	9,152,181
Stock options under treasury stock method	7,422	7,539	10,848	11,076
Weighted Average Number of Shares Outstanding, Diluted	9,204,792	9,330,887	9,221,407	9,163,257
Basic earnings per common share	$ 0.55	$ 0.76	$ 2.24	$ 2.33	$ 2.24	$ 2.33
Diluted earnings per common share	$ 0.55	$ 0.76	$ 2.24	$ 2.33	$ 2.24	$ 2.33

Note 8_ Earnings Per Share (Det

Note 8: Earnings Per Share (Details)	3 Months Ended		9 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Mar. 31, 2020	Mar. 31, 2019
Details
Options Outstanding With An Exercise Price In Excess of the Market Price	50,500	31,000	33,000	13,500

Note 9_ Income Taxes_ Schedul_4

Note 9: Income Taxes: Schedule of Effective Income Tax Rate Reconciliation (Details) - USD ($)	3 Months Ended		9 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Mar. 31, 2020	Mar. 31, 2019
Details
Current Income Tax Expense (Benefit)	$ 1,116	$ 1,719	$ 5,007	$ 5,375
Deferred Income Taxes and Tax Credits	13	6	19	(181)
Income tax provision, total	$ 1,129	$ 1,725	$ 5,026	$ 5,194

Note 9_ Income Taxes_ Schedul_5

Note 9: Income Taxes: Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($)	Mar. 31, 2020	Jun. 30, 2019
Details
Deferred Tax Assets Provision for Losses on Loans	$ 5,392	$ 4,601
Deferred Tax Assets Accrued Compensation and Benefits	667	692
Deferred Tax Assets NOL Carry Forwards Acquired	162	199
Deferred Tax Assets, Tax Credit Carryforwards, Alternative Minimum Tax	130	130
Deferred Tax Assets Unrealized Loss on Other Real Estate	114	134
Deferred tax assets purchase accounting adjustments	0	255
Deferred tax assets losses and credits from LLC's	189	1,206
Other	185	0
Deferred Tax Assets, Gross	6,839	7,217
Deferred tax liabilities purchase accounting adjustments	137	0
Deferred Tax Liabilities Depreciation	1,348	1,749
Deferred Tax Liabilities FHLB Stock Dividends	120	120
Deferred Tax Liabilities, Prepaid Expenses	279	313
Unrealized gain on available for sale securities	437	364
Other	0	61
Deferred Tax Liabilities, Net	2,321	2,607
Deferred Tax Assets, Net of Valuation Allowance	$ 4,518	$ 4,610

Note 9_ Income Taxes (Details)

Note 9: Income Taxes (Details)	3 Months Ended
	Mar. 31, 2020USD ($)
Details
Federal Net Operating Loss Carryforwards	$ 735
State Net Operating Loss Carryforwards	$ 873
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	21.00%

Note 9_ Income Taxes_ Schedul_6

Note 9: Income Taxes: Schedule of Reconciliation of Income Tax Expense at the Statutory Rate to Actual Income Tax (Details) - USD ($)	3 Months Ended		6 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Mar. 31, 2020	Mar. 31, 2019
Effective Income Tax Rate Reconciliation at Federal Statutory Income Tax Rate, Amount	$ 1,308	$ 1,852	$ 5,391	$ 5,574
Other, net	(24)	(34)	(67)	(7)
Income Tax Expense, Actual	1,129	1,725	5,026	5,194
Increase (decrease) in taxes
Nontaxable Municipal Income	(109)	(103)	(335)	(295)
Current State and Local Tax Expense (Benefit)	27	128	223	352
Cash Surrender Value Of Bank-owned Life Insurance	(52)	(50)	(159)	(227)
Tax Credit Benefits	$ (21)	$ (68)	$ (27)	$ (203)

Note 10_ 401(k) Retirement Pl_2

Note 10: 401(k) Retirement Plan: 401(k) Retirement Plan (Details) - USD ($)	3 Months Ended		9 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Mar. 31, 2020	Mar. 31, 2019
Details
Defined Contribution Plan, Administrative Expense	$ 391	$ 347	$ 1,100,000	$ 981

Note 11_ Subordinated Debt (Det

Note 11: Subordinated Debt (Details) - USD ($) $ in Millions	1 Months Ended		3 Months Ended	12 Months Ended
	Aug. 31, 2014	Oct. 31, 2013	Mar. 31, 2020	Jun. 30, 2019
Ozarks Legacy Community Financial, Inc.
Assumed floating rate junior subordinated debt securities		$ 3.1
Ozarks Legacy Community Financial, Inc. | Reported Value Measurement
Assumed floating rate junior subordinated debt securities			$ 2.7	$ 2.6
Peoples Service Company, Inc.
Assumed floating rate junior subordinated debt securities	$ 6.5
Peoples Service Company, Inc. | Reported Value Measurement
Assumed floating rate junior subordinated debt securities			$ 5.2	$ 5.2

Note 12_ Fair Value Measureme_7

Note 12: Fair Value Measurements: Fair Value, Assets Measured on Recurring Basis (Details) - USD ($)	Mar. 31, 2020	Jun. 30, 2019
US Government-sponsored Enterprises Debt Securities
Fair value on a recurring basis	$ 2,303	$ 7,270
US States and Political Subdivisions Debt Securities
Fair value on a recurring basis	38,583	42,783
Other Debt Obligations
Fair value on a recurring basis	4,964	5,053
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises
Fair value on a recurring basis	134,742	110,429
Fair Value, Inputs, Level 1 | US Government-sponsored Enterprises Debt Securities
Fair value on a recurring basis	0	0
Fair Value, Inputs, Level 1 | US States and Political Subdivisions Debt Securities
Fair value on a recurring basis	0	0
Fair Value, Inputs, Level 1 | Other Debt Obligations
Fair value on a recurring basis	0	0
Fair Value, Inputs, Level 1 | Mortgage-backed Securities, Issued by US Government Sponsored Enterprises
Fair value on a recurring basis	0	0
Fair Value, Inputs, Level 2 | US Government-sponsored Enterprises Debt Securities
Fair value on a recurring basis	2,303	7,270
Fair Value, Inputs, Level 2 | US States and Political Subdivisions Debt Securities
Fair value on a recurring basis	38,583	42,783
Fair Value, Inputs, Level 2 | Other Debt Obligations
Fair value on a recurring basis	4,964	5,053
Fair Value, Inputs, Level 2 | Mortgage-backed Securities, Issued by US Government Sponsored Enterprises
Fair value on a recurring basis	134,742	110,429
Fair Value, Inputs, Level 3 | US Government-sponsored Enterprises Debt Securities
Fair value on a recurring basis	0	0
Fair Value, Inputs, Level 3 | US States and Political Subdivisions Debt Securities
Fair value on a recurring basis	0	0
Fair Value, Inputs, Level 3 | Other Debt Obligations
Fair value on a recurring basis	0	0
Fair Value, Inputs, Level 3 | Mortgage-backed Securities, Issued by US Government Sponsored Enterprises
Fair value on a recurring basis	$ 0	$ 0

Note 12_ Fair Value Measureme_8

Note 12: Fair Value Measurements: Fair Value Measurements, Nonrecurring (Details) - Foreclosed and repossessed assets held for sale - USD ($)	Mar. 31, 2020	Jun. 30, 2019
Fair value on a nonrecurring basis	$ 1,253	$ 2,430
Fair Value, Inputs, Level 1
Fair value on a nonrecurring basis	0	0
Fair Value, Inputs, Level 2
Fair value on a nonrecurring basis	0	0
Fair Value, Inputs, Level 3
Fair value on a nonrecurring basis	$ 1,253	$ 2,430

Note 12_ Fair Value Measureme_9

Note 12: Fair Value Measurements: Gains (Losses) Recognized on Assets Measured on a Nonrecurring Basis (Details) - USD ($)	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Foreclosed and repossessed assets held for sale
Gains (losses) recognized on assets measured on a non-recurring basis	$ (96)	$ (229)
Total losses on assets measured on a non-recurring basis
Gains (losses) recognized on assets measured on a non-recurring basis	$ (96)	$ (229)

Note 12_ Fair Value Measurem_10

Note 12: Fair Value Measurements: Fair Value Option, Disclosures (Details) - Fair Value, Inputs, Level 3 - Foreclosed and repossessed assets - USD ($)	3 Months Ended	12 Months Ended
	Mar. 31, 2020	Jun. 30, 2019
Fair Value Asset Liability Measured On Nonrecurring Basis With Unobservable Inputs	$ 553	$ 2,430
Third party appraisal
Fair Value Measurements, Valuation Processes, Description	Third party appraisal	Third party appraisal
Third party appraisal | Marketability discount
Unobservable Measurement Input, Uncertainty, Description	Marketability discount	Marketability discount
Fair Value Measurements Nonrecurring Range of discounts Applied	0.0% - 46.1%	5.1% - 77.0%
Fair Value Measurements Nonrecurring Weighted Average Discount Applied	20.6%	35.2%

Note 12_ Fair Value Measurem_11

Note 12: Fair Value Measurements: Schedule of Financial Instruments (Details) - USD ($)	Mar. 31, 2020	Jun. 30, 2019
Letter of Credit
Financial Instruments Owned Carrying Amount	$ 0	$ 0
Line of Credit
Financial Instruments Owned Carrying Amount	0	0
Financial assets | Loans Receivable
Financial Instruments Owned Carrying Amount	1,967,820	1,846,405
Financial assets | Cash and Cash Equivalents
Financial Instruments Owned Carrying Amount	56,105	35,400
Financial assets | Interest-bearing time deposits
Financial Instruments Owned Carrying Amount	973	969
Financial assets | Investment in Federal Home Loan Bank Stock
Financial Instruments Owned Carrying Amount	8,701	5,233
Financial assets | Investment in Stock of Federal Reserve Bank of St. Louis
Financial Instruments Owned Carrying Amount	4,353	4,350
Financial assets | Accrued interest receivable
Financial Instruments Owned Carrying Amount	9,754	10,189
Financial liabilities | Deposits
Financial Instruments Owned Carrying Amount	1,971,647	1,893,695
Financial liabilities | Securities Sold under Agreements to Repurchase
Financial Instruments Owned Carrying Amount	0	4,376
Financial liabilities | Federal Home Loan Bank Advances
Financial Instruments Owned Carrying Amount	123,361	44,908
Financial liabilities | Note payable
Financial Instruments Owned Carrying Amount	3,000	3,000
Financial liabilities | Accrued interest payable
Financial Instruments Owned Carrying Amount	1,753	2,099
Financial liabilities | Subordinated Debt
Financial Instruments Owned Carrying Amount	15,118	15,043
Commitments to Extend Credit
Financial Instruments Owned Carrying Amount	0	0
Fair Value, Inputs, Level 1 | Letter of Credit
Financial Instruments Owned Carrying Amount	0	0
Fair Value, Inputs, Level 1 | Line of Credit
Financial Instruments Owned Carrying Amount	0	0
Fair Value, Inputs, Level 1 | Financial assets | Loans Receivable
Financial Instruments Owned Carrying Amount	0	0
Fair Value, Inputs, Level 1 | Financial assets | Cash and Cash Equivalents
Financial Instruments Owned Carrying Amount	56,105	35,400
Fair Value, Inputs, Level 1 | Financial assets | Interest-bearing time deposits
Financial Instruments Owned Carrying Amount	0	0
Fair Value, Inputs, Level 1 | Financial assets | Investment in Federal Home Loan Bank Stock
Financial Instruments Owned Carrying Amount	0	0
Fair Value, Inputs, Level 1 | Financial assets | Investment in Stock of Federal Reserve Bank of St. Louis
Financial Instruments Owned Carrying Amount	0	0
Fair Value, Inputs, Level 1 | Financial assets | Accrued interest receivable
Financial Instruments Owned Carrying Amount	0	0
Fair Value, Inputs, Level 1 | Financial liabilities | Deposits
Financial Instruments Owned Carrying Amount	1,316,854	1,214,606
Fair Value, Inputs, Level 1 | Financial liabilities | Securities Sold under Agreements to Repurchase
Financial Instruments Owned Carrying Amount	0	0
Fair Value, Inputs, Level 1 | Financial liabilities | Federal Home Loan Bank Advances
Financial Instruments Owned Carrying Amount	0	0
Fair Value, Inputs, Level 1 | Financial liabilities | Note payable
Financial Instruments Owned Carrying Amount	0	0
Fair Value, Inputs, Level 1 | Financial liabilities | Accrued interest payable
Financial Instruments Owned Carrying Amount	0	0
Fair Value, Inputs, Level 1 | Financial liabilities | Subordinated Debt
Financial Instruments Owned Carrying Amount	0	0
Fair Value, Inputs, Level 1 | Commitments to Extend Credit
Financial Instruments Owned Carrying Amount	0	0
Fair Value, Inputs, Level 2 | Letter of Credit
Financial Instruments Owned Carrying Amount	0	0
Fair Value, Inputs, Level 2 | Line of Credit
Financial Instruments Owned Carrying Amount	0	0
Fair Value, Inputs, Level 2 | Financial assets | Loans Receivable
Financial Instruments Owned Carrying Amount	0	0
Fair Value, Inputs, Level 2 | Financial assets | Cash and Cash Equivalents
Financial Instruments Owned Carrying Amount	0	0
Fair Value, Inputs, Level 2 | Financial assets | Interest-bearing time deposits
Financial Instruments Owned Carrying Amount	973	969
Fair Value, Inputs, Level 2 | Financial assets | Investment in Federal Home Loan Bank Stock
Financial Instruments Owned Carrying Amount	8,701	5,233
Fair Value, Inputs, Level 2 | Financial assets | Investment in Stock of Federal Reserve Bank of St. Louis
Financial Instruments Owned Carrying Amount	4,353	4,350
Fair Value, Inputs, Level 2 | Financial assets | Accrued interest receivable
Financial Instruments Owned Carrying Amount	9,754	10,189
Fair Value, Inputs, Level 2 | Financial liabilities | Deposits
Financial Instruments Owned Carrying Amount	0	0
Fair Value, Inputs, Level 2 | Financial liabilities | Securities Sold under Agreements to Repurchase
Financial Instruments Owned Carrying Amount	0	4,376
Fair Value, Inputs, Level 2 | Financial liabilities | Federal Home Loan Bank Advances
Financial Instruments Owned Carrying Amount	125,330	45,547
Fair Value, Inputs, Level 2 | Financial liabilities | Note payable
Financial Instruments Owned Carrying Amount	0	0
Fair Value, Inputs, Level 2 | Financial liabilities | Accrued interest payable
Financial Instruments Owned Carrying Amount	1,753	2,099
Fair Value, Inputs, Level 2 | Financial liabilities | Subordinated Debt
Financial Instruments Owned Carrying Amount	0	0
Fair Value, Inputs, Level 2 | Commitments to Extend Credit
Financial Instruments Owned Carrying Amount	0	0
Fair Value, Inputs, Level 3 | Letter of Credit
Financial Instruments Owned Carrying Amount	0	0
Fair Value, Inputs, Level 3 | Line of Credit
Financial Instruments Owned Carrying Amount	0	0
Fair Value, Inputs, Level 3 | Financial assets | Loans Receivable
Financial Instruments Owned Carrying Amount	1,958,438	1,823,040
Fair Value, Inputs, Level 3 | Financial assets | Cash and Cash Equivalents
Financial Instruments Owned Carrying Amount	0	0
Fair Value, Inputs, Level 3 | Financial assets | Interest-bearing time deposits
Financial Instruments Owned Carrying Amount	0	0
Fair Value, Inputs, Level 3 | Financial assets | Investment in Federal Home Loan Bank Stock
Financial Instruments Owned Carrying Amount	0	0
Fair Value, Inputs, Level 3 | Financial assets | Investment in Stock of Federal Reserve Bank of St. Louis
Financial Instruments Owned Carrying Amount	0	0
Fair Value, Inputs, Level 3 | Financial assets | Accrued interest receivable
Financial Instruments Owned Carrying Amount	0	0
Fair Value, Inputs, Level 3 | Financial liabilities | Deposits
Financial Instruments Owned Carrying Amount	655,493	678,301
Fair Value, Inputs, Level 3 | Financial liabilities | Securities Sold under Agreements to Repurchase
Financial Instruments Owned Carrying Amount	0	0
Fair Value, Inputs, Level 3 | Financial liabilities | Federal Home Loan Bank Advances
Financial Instruments Owned Carrying Amount	0	0
Fair Value, Inputs, Level 3 | Financial liabilities | Note payable
Financial Instruments Owned Carrying Amount	3,000	3,000
Fair Value, Inputs, Level 3 | Financial liabilities | Accrued interest payable
Financial Instruments Owned Carrying Amount	0	0
Fair Value, Inputs, Level 3 | Financial liabilities | Subordinated Debt
Financial Instruments Owned Carrying Amount	9,855	15,267
Fair Value, Inputs, Level 3 | Commitments to Extend Credit
Financial Instruments Owned Carrying Amount	$ 0	$ 0

Note 13_ Business Combinations

Note 13: Business Combinations (Details) - USD ($)	3 Months Ended	9 Months Ended
	Mar. 31, 2020	Mar. 31, 2020
Details
Business Combination, Acquired Receivables, Description	At April 30, 2020 Central held consolidated assets of $70 million, loans, net of allowance, of $52 million, and deposits of $47 million. The transaction is expected to close late in the month of May, 2020, subject to satisfaction of customary closing conditions, including regulatory and Central shareholder approvals.
Payments for Merger Related Costs	$ 76	$ 101