| Condensed Financial Information of Parent Company Only Disclosure [Text Block] |
NOTE 16—PARENT COMPANY FINANCIAL STATEMENTS
The condensed financial information of Consumers Bancorp. Inc. (parent company only) follows:
|
Condensed Balance Sheets
|
|
June 30,
2025
|
|
|
June 30,
2024
|
|
|
Assets:
|
|
|
|
|
|
|
|
|
|
Cash
|
|
$ |
299 |
|
|
$ |
29 |
|
|
Equity securities, at fair value
|
|
|
392 |
|
|
|
381 |
|
|
Other assets
|
|
|
20 |
|
|
|
51 |
|
|
Investment in subsidiary
|
|
|
75,643 |
|
|
|
63,349 |
|
|
Total assets
|
|
$ |
76,354 |
|
|
$ |
63,810 |
|
|
Liabilities and Shareholders’ Equity:
|
|
|
|
|
|
|
|
|
|
Other liabilities
|
|
$ |
83 |
|
|
$ |
125 |
|
|
Shareholders’ equity
|
|
|
76,271 |
|
|
|
63,685 |
|
|
Total liabilities & shareholders’ equity
|
|
$ |
76,354 |
|
|
$ |
63,810 |
|
|
Condensed Statements of Income and Comprehensive Income
|
|
Year Ended
June 30, 2025
|
|
|
Year Ended
June 30, 2024
|
|
|
Cash dividends from Bank subsidiary
|
|
$ |
2,400 |
|
|
$ |
3,205 |
|
|
Dividend income
|
|
|
33 |
|
|
|
33 |
|
|
Net change in market value of equity securities
|
|
|
11 |
|
|
|
(5 |
) |
|
Interest expense
|
|
|
— |
|
|
|
(43 |
) |
|
Other expenses
|
|
|
(364 |
) |
|
|
(371 |
) |
|
Income before income taxes and equity in undistributed net income of subsidiary
|
|
|
2,080 |
|
|
|
2,819 |
|
|
Income tax benefit
|
|
|
(71 |
)
|
|
|
(84 |
)
|
|
Income before equity in undistributed net income of Bank subsidiary
|
|
|
2,151 |
|
|
|
2,903 |
|
|
Equity in undistributed net income of subsidiary
|
|
|
6,516 |
|
|
|
5,677 |
|
|
Net income
|
|
$ |
8,667 |
|
|
$ |
8,580 |
|
|
Comprehensive income
|
|
$ |
14,445 |
|
|
$ |
10,209 |
|
|
Condensed Statements of Cash Flows
|
|
Year Ended
June 30, 2025
|
|
|
Year Ended
June 30, 2024
|
|
|
Cash flows from operating activities:
|
|
|
|
|
|
|
|
|
|
Net income
|
|
$ |
8,667 |
|
|
$ |
8,580 |
|
|
Equity in undistributed net income of Bank subsidiary
|
|
|
(6,516 |
)
|
|
|
(5,677 |
)
|
|
Net change in market value of equity securities
|
|
|
(11 |
) |
|
|
5 |
|
|
Change in other assets and liabilities
|
|
|
(11 |
) |
|
|
18 |
|
|
Net cash flows from operating activities
|
|
|
2,129 |
|
|
|
2,926 |
|
|
Cash flows from financing activities:
|
|
|
|
|
|
|
|
|
|
Dividends paid
|
|
|
(2,383 |
) |
|
|
(2,246 |
) |
|
Issuance of stock-based incentive plan shares
|
|
|
212 |
|
|
|
64 |
|
|
Net change in short-term borrowings
|
|
|
— |
|
|
|
(1,200 |
) |
|
Proceeds from dividend reinvestment and stock purchase plan
|
|
|
147 |
|
|
|
264 |
|
|
Issuance of treasury stock for stock awards
|
|
|
165 |
|
|
|
195 |
|
|
Net cash flows from financing activities
|
|
|
(1,859 |
)
|
|
|
(2,923 |
) |
|
Change in cash and cash equivalents
|
|
|
270 |
|
|
|
3 |
|
|
Beginning cash and cash equivalents
|
|
|
29 |
|
|
|
26 |
|
|
Ending cash and cash equivalents
|
|
$ |
299 |
|
|
$ |
29 |
|
|