v2.4.0.6
PARENT COMPANY FINANCIAL STATEMENTS (Tables)
12 Months Ended
Jun. 30, 2012
Condensed Financial Information Of Parent Company Only Disclosure [Abstract]  
Schedule Of Condensed Financial Statements [Table Text Block]

Condensed financial information of Consumers Bancorp. Inc. (parent company only) follows:

 

  June 30,
2012
  June 30,
2011
 
Condensed Balance Sheets        
Assets        
Cash $74  $25 
Subordinated debenture receivable from subsidiary  2,000   2,000 
Other assets  87   92 
Investment in subsidiary  25,785   23,254 
Total assets $27,946  $25,371 
Liabilities        
Other liabilities $56  $47 
Shareholders’ equity  27,890   25,324 
Total liabilities & shareholders’ equity $27,946  $25,371 

 

  Year Ended
June 30, 2012
  Year Ended
June 30, 2011
 
Condensed Statements of Income        
Cash dividends from subsidiary $855  $650 
Other income  160   160 
Other expense  163   197 
Income before income taxes and equity in undistributed net income of subsidiary  852   613 
Income tax expense (benefit)  3   (9
Income before equity in undistributed net income of subsidiary  849   622 
Equity in undistributed net income of subsidiary  1,915   1,626 
Net income $2,764  $2,248 

 

 

  Year Ended
June 30, 2012
  Year Ended
June 30, 2011
 
Condensed Statements of Cash Flows        
Cash flows from operating activities        
Net income $2,764  $2,248 
Equity in undistributed net income of Bank subsidiary  (1,915)  (1,626)
Change in other assets and liabilities  14   (20
Net cash flows from operating activities  863   602 
Cash flows from financing activities        
Dividend paid  (905)  (837)
Proceeds from dividend reinvestment and stock purchase plan  91   146 
Net cash flows from financing activities  (814)  (691)
Change in cash and cash equivalents  49   (89)
Beginning cash and cash equivalents  25   114 
Ending cash and cash equivalents $74  $25